*CURRENT AFFAIRS (08:08:2014)

1. US comes to Kurd's assistance in Iraq; to launch airstrikes on the
Islamic State militants if they invade Kurdish capital of Irbil.
- Its notable that US has a consulate in the city and its citizens and
military personnel are present there in good numbers.
2. World's tallest railway bridge, in terms of pillar's height, to
come up at Noney in Manipur, India.
- The height of the tallest pillar of the bridge stands at 141 meter.
- The bridge is part of Jiribaum - Tupul - Imphal rail link which aims
to connect Imphal with the nation's railway network.
- World's highest railway bridge, expected to be 35 metres taller than
the Eiffel Tower, is coming up over Chenab river as part of rail link
connecting Jammu to Kashmir region.
3. Two 'Khmer Rouge' leaders jailed for crimes against humanity.
4. Aditya Vardhan Agarwal, Director of Emami Group, has been appointed
as the Vice-President of the Indian Chamber of Commerce
5. Chandra Shekhar Ghosh, CMD of Bandhan, bags 'Entrepreneur of the
Year' award at the AIMA (All India Management Association) Managing
India Awards 2014.
Other awardees:
- MG George Muthoot (Chairman, Muthoot Group): "Emerging Business
Leader of the Year"
- N Chandrasekaren (CEO & Managing Director, TCS): "Indian MNC of the Year"
- Rakeysh Omprakash Mehra (Film Producer): "Director of the Year for
Bhaag Milkha Bhaag"
- SS Badrinath (Founder and Chairman, Emeritus of Sankara Nethralaya):
"Outstanding Institution Builder".
6. The Reserve Bank of India (RBI) on 6 August 2014 issued guidelines
for asset reconstruction companies (ARCs) to increase their
investments in security receipts (SRs) with the objective of
strengthening the asset recovery sector. What is the minimum
prescribed percentage of funds that ARCs would now have to invest in
SRs as directed in this RBI guideline? – 15%
7. Who is heading the special committee to review the security of
Indian Parliament that was constituted on 7 August 2014? – RK Singh,
Former Union Home Secretary
8. Mexico's Congress on 6 August 2014 gave final approval to a
historic reform that would open up an important state-controlled
sector to foreign investment for the first time since 1938. Which
sector is this? – Energy Sector (comprising of oil and natural gas)