Current Affairs 9 April 2015

Insurance Sector has increased 23% Foreign Direct Investment (FDI)

•  Insurance Sector has moved upto 49% as noticed by RBI. 
• The approval of Foreign Investment Promotion Board (FIPB) with FDI will be allowed beyond 26% and up to 49% and FDI below 26% will be under automatic route.

 Dr. Nasim Zaidi is appointed as Chief Election Commissioner of India

• Zaidi is the 20th CEC of India and will replace Harishankar Brahma.

Prime Minister Narendra Modi He is on 9-day visit to France, Germany and Canada