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What Happened on 20 June 2016 - Major News and Events of 20 June 2016
 
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Major News and Events of 20 June 2016

What Happened on 20 June 2016


20 June 2016 Current Events Raghuram Rajan's Exit Makes Banks, Markets Edgy

Market regulator SEBI and stock exchanges are bracing themselves for possible shocks that may arise following RBI governor Raghuram Rajan’s decision to step down and not return for a second term on September 4. The onus is now on Securities and Exchange Board of India and stock exchanges to keep an equilibrium and protect capital markets from any excessive volatility on Monday.


Hope to Convince China on NSG Membership: Sushma Swaraj

External Affairs Minister Sushma Swaraj has said that China is not against India’s membership and that it was discussing the “criteria and process” for India to become an NSG member. Swaraj said that she was hopeful of convincing China to support India's entry to the elite group.


Committee on Education Policy Wants UGC Act to Go

A high-powered committee on designing the blueprint for a new national education policy has recommended that the law on higher education regulator University Grants Commission (UGC) be allowed to lapse. The committee is chaired by former Cabinet Secretary T.S.R. Subramanian. The committee report states that UGC has failed to implement its regulations for ensuring the quality of higher education in the country. 


Raghuram Rajan's Exit Makes Banks, Markets Edgy

Market regulator SEBI and stock exchanges are bracing themselves for possible shocks that may arise following RBI governor Raghuram Rajan’s decision to step down and not return for a second term on September 4. The onus is now on Securities and Exchange Board of India and stock exchanges to keep an equilibrium and protect capital markets from any excessive volatility on Monday.

Hope to Convince China on NSG Membership: Sushma Swaraj

External Affairs Minister Sushma Swaraj has said that China is not against India’s membership and that it was discussing the “criteria and process” for India to become an NSG member. Swaraj said that she was hopeful of convincing China to support India's entry to the elite group.

Committee on Education Policy Wants UGC Act to Go

A high-powered committee on designing the blueprint for a new national education policy has recommended that the law on higher education regulator University Grants Commission (UGC) be allowed to lapse. The committee is chaired by former Cabinet Secretary T.S.R. Subramanian. The committee report states that UGC has failed to implement its regulations for ensuring the quality of higher education in the country. 




FAQs and Answers on Indian History and Geography
Which States Share Boundary with China?India, in total, shares land borders with 6 sovereign countries. China is one of those. Below are the Indian states which share borders with the country. 1. Jammu and Kashmir This northern state of India is mostly located in the Himalayan mountains. It shares a… Read More...
Which States Share Boundaries with Pakistan? There are four states that share a border with Pakistan, namely, Jammu and Kashmir, Punjab, Rajasthan, and Gujarat. The India Pakistan Border is quite intriguing. Since India has installed 1,50,000 flood lights on… Read More...
Which Places in India Still Largely Speak Sanskrit?Sanskrit is considered as Dev Bhasha, the language of Gods. It has a history of around 3500 years. It used to be a primary language of ancient India. Its earliest form Vedic Sanskrit, was prevalent from 1500 500 BCE. However, it is fading… Read More...



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