Current Affairs 20th December 2014

Current Affairs 20th December 2014 - Important Points

• Team of 17 lawyers was appointed by Bombay High Court to function as Commissioners of Court

• 8.75 percent interest rate on PF deposits for 2014-15 was approved by Finance Ministry

• Pakistan became Associate Member State of CERN

• Vikatan Group Chief S. Balasubramanian passed away

Current Affairs 20th December 2014 - Details

Team of 17 lawyers was appointed by Bombay High Court to function as Commissioners of Court

On 19th December 2014, Team of 17 lawyers to function as Commissioners of Court was appointed by Bombay High Court with an aim to help in removing the illegal hoardings. Court also ordered that there should be a toll free number of all civic bodies so that people can register their complaints against illegal hoardings.

This team will be visiting various places and will detect illegal posters, banners and hoardings which are being put by political parties. Then team will be informing to concerned civic body to get them removed.

By the end of February 2015 Commissioners of court have to submit a report in this regard.

8.75 percent interest rate on PF deposits for 2014-15 was approved by Finance Ministry

Among the important banking current affairs, On 19th December 2014 Union Finance Ministry approved 8.75 percent interest rate on Provident Fund (PF) deposits for the year 2014-15. This decision will be notified by Union Labour Ministry as well as by the Income Tax Department now and will be implemented from the date of notification.

It is also important to mention here that for year 2013-14 it was also 8.75 percent, so basically it has been retained by CBT (Central Board of Trustees).

Pakistan became Associate Member State of CERN

On 19th December 2014, Pakistan became Associate Member Sate of CERN (European Organization for Nuclear Research). A document was signed for same by CERN Director-General Rolf Heuer and the Chairman of the Pakistan Atomic Energy Commission, Ansar Parvez in the presence of Pakistan Prime Minister Nawaz Sharif.

Pakistan signed Co-operation Agreement with CERN in 1994 and had applied for the CERN associate membership in February 2013.

After becoming a associate member now Pakistan can participate in the governance of CERN, through attending the meetings of the CERN Council and Scientists of Pakistan can now become members of the CERN staff and can participate in CERN's training and career-development programmes.

Vikatan Group Chief S. Balasubramanian passed away

On 19th December 2014, Chief of Vikatan Group S. Balasubramanian passed away. He was 78 years old. He did a great job in bringing many revolutionary changes in the contents of Ananda Vikatan.

Once he was arrested and was jailed for three days by Tamil Nadu Assembly for cartoon on legislators published on the cover of the magazine but later on he was released after the protests in the country. 

He was among the most successful and versatile aviculturists of India.