Current Affairs September 2016

29th September, Current Affairs:

• India has carried out surgical strikes across the Line of Control in Pakistan Occupied Kashmir and kills 38 terrorists.

28th September, Current Affairs:

• The United States has appointed Jeffrey DeLaurentis as the first official ambassador to Cuba in five decades.
• Indira Gandhi International Airport (IGIA) becomes the first airport in the AsiaPacific region to achieve carbon neutral status.
• World's largest solar power plant opens in Kamuthi, Tamil Nadu. This project has been commissioned by Adani Power.
• Former Israeli Prime Minister Shimon Peres passed away at Ramat Gan, Israel at the age of 93.

27th September, Current Affairs:

• The United Nations’ (UN) World Tourism Day is observed today.
• Gujarat's World heritage site 'Rani ki Vav' is acknowledge as the cleanest monument in country under Sawachh Bharat Abhiyan.

Basel 3

The Basel III framework is the regulatory response to the causes and consequences of the global financial crisis. The objective of the reforms is to improve the banking sector’s ability to absorb shocks arising from financial and economic stress by prescribing more stringent capital and liquidity requirements. It raises the core capital required, introduces counter cyclical measures and enhances a banks’ ability to conserve core capital during periods of stress via a conservation capital buffer.

Nick Names of Countries

Nick Names of Countries
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1. Bhutan – Land of the Thunder Dragon
2. China – The Red Dragon
3. Indonesia – The Emerald of the Equator
4. Japan – Land of the Rising Sun