Thursday, 19 July 2012

16 July 2012 Current Affairs

16 July 2012 Current Affairs
NMDC Director Gets ” Mining Engineer Award “
Narendra kumar nanda, director of the country’s largest iron ore producer NMDC , was conferred with Abheraj Baldota Memorial Award “Mining Engineer of the year ” for 2012-11 by the Mining engineers Association of India. The Award is given every year in recognition of meritorious contribution to the mining industry by a mining engineer.

Yahoo! Names Google’s Mayer as New CEO
yahoo! named 37 year-old Marissa Mayer , a key Google ream member ,a s its chief executive making her among the most prominent women in Technology and corporate America. At Google. Mayer was responsible for local and geographical products including Google Maps, Google Earth, Zagat, Street view, and local search for desktop and mobile. she joined Google in 1999 as its 20 th employee and led efforts for many of Google’s most recognizable products, including the development of its flagship search product and iconic home page for over 10 years.

U.P , Bihar , Rajastan has a high Total Fertility  rate(TER)
Even as the Total Fertility rate (TER) the average number of children born to a woman during her reproductive years has gone down substantially in the country, the recent survey revealed that Uttar pradesh, Bihar , Rajasthan and Jharkhand have high TFR on an average a woman gives birth to move than 3 children. The highest of 5.9 children has been reported in shrawasti district of U.P. The TFR us 3.6 for U.P and 3.7 for Bihar.

IMF Lowers India’s Growth Forecast
The International Monetary Fund on 16 July 2012  lowered India’s growth forecast for 2012 calendar year, citing weakening domestic demand and difficult external environment, and said the country faced financial stability concerns because of the depreciating rupee and large fiscal deficit. The fund expects India’s economy to expand only 6.1% in 2012 against its April estimate of 6.8%. Moreover, it does not see any meaningful recovery in 2013, pegging  GDP growth at only 6.5%, down from 7.2% estimated earlier.

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