RBI Governor appointed as Vice Chairman on BIS Board
Dr.
Raghuram Rajan, Governor of the Reserve Bank of India, was appointed as
the Vice-Chairman of the Bank for International Settlements (BIS). He
joined the BIS Board of Directors in December 2013. He will be in this
post for three years.
Ministry of Defence launched Army Cloud, Data Centre & Digi-Locker for the Indian Army
Union
Defence Minister Manohar Parrikar on 9 November 2015 launched Army
Cloud, Software Defined Data Centre and Digi-Locker facilities for the
Indian Army at the Army Headquarters in New Delhi. The three initiatives
are aimed at catalysing automation and digitization of the Indian Army
and help in transforming it from a Platform Centric to a Network Centric
Force.
Scientists revealed that the Himalayas were born 47 million years ago
An
international team of scientists who discovered the first oceanic
microplate in the Indian Ocean has found that Himalayas were born about
47 million years ago when India and Eurasia initially smashed into each
other. The team of Australian and US scientists believe the collision
occurred 47 million years ago when India and Eurasia initially smashed
into each other. The new research shows that 50 million years ago, India
was travelling northwards at speeds of some 15 centimetres a year. Soon
after it slammed into Eurasia crustal stresses along the mid-ocean
ridge between India and Antarctica intensified to breaking point. A
sudden increase in crustal stress causes the formation of the Himalayan
Mountain Range to 47 million years ago.
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