Current Affairs 19 Mar 2015

Indian Oil Corporation is in talks with Nepal Oil 

Corporation for setting up a petroleum product 

pipeline from Raxaul in India to Amlekhganj in Nepal.

• The proposed pipeline, measuring some 38 Km, would come up at estimated cost of around Rs 200 crore

Air-to-Air missile successfully test fired from ITR 

Chandipur in Odisha - Astra

• It was test-fired aboard a Sukhoi-30 fighter aircraft.

• Astra is a beyond visual range air-to-air missile (BVRAAM) that is capable of engaging its target at ranges of 37 km or beyond and has a operational range of 60km.

• It travels at a supersonic speed (4780 km/h), possesses Single Shot Kill Probability (SSKP) with active radar terminal guidance, uses smokeless propulsion system to evade enemy radars and has the capacity to engage in multi-target scenario.

the app launched by HDFC Bank to transfer money 

instantly to any person in India - Chillr

• It allows HDFC customers to transact 24 hours a day.

• Ten transactions per day or 5000 rupees per day and 50000 rupees a month is the transaction limit.

• The fund can be transferred to any contact in the phone book once the app is downloaded on the phone.

• The app is safe and can be accessed only with an M-PIN known to the customer alone.

• Customers can download the app from Play or from iStore.

Department of Consumer Affairs launches a web 

portal "GAMA" (Grievances Against Misleading 

Advertisements) for redressal of grievances against

 misleading advertisements. 

• It also introduced "Grahak Suvidha Kendras" - one stop consumer service centers, in six cities of Ahmedabad, Bangalore, Jaipur, Kolkata, Patna and Delhi.

• These new initiatives aims to enhance consumer awareness and strengthen support services to them across the country.