Current Affairs, News & Facts of 14 Oct 2014

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  • India becomes a signatory to the Minamata Convention on Mercury.   
    • It will enforce mercury emission standards primarily for coal-fired power plants in the country - the major culprits in this regard.
    • The pact provides five years time to reduce emissions from new power plants and 10 years from the existing ones.
    • The global mercury abatement convention is named after the Japanese city of Minamata that has become synonymous with deadly mercury contamination since 1950. 
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  • 2014 Nobel Prize for Economics goes to French economist Jean Tirole for his analysis of market power and regulation.  
    • The prizes in Physics, Chemistry, Physiology or Medicine, Literature, and Peace have been awarded since the inception of Nobel Prize in 1901, however the Nobel Prize in Economic Sciences was created in 1968.
    • The economics prize is officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
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  • Gujarat allows 33% reservation for women in all state government jobs.   
    • Its a 3-percent hike over earlier job reservation of 30 percent for women across all services and posts.
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  • SEBI impose a 3-year ban on DLF Chairman KP Singh from securities markets.  
    • The realty tycoon has been found guilty of “active and deliberate suppression” of material information while launching company's IPO in 2007.
    • The suppression of vital facts fall afoul of various regulations guidelines.
    • The ban also engulfs six top executives of DLF.
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  • Nobel Prize 2014: A glance   - read more cat
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