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GKCAPSULEFORSBIPO2014Exam
CurrentRBIPolicy&ReserveRates:
RepoRate 8%(Unchanged)
ReverseRepo 7%(Unchanged)
CRR 4%(Unchanged)SLR 23% (Unchanged)MSF 9%(Unchanged)BankRate 9%(Unchanged)
Note:Ason1April2014,RBI(ReserveBankofIndia)initsfirstbimonthlymonetarypolicystatementkeptthekeypolicyrate(repo)unchanged.
AboutPolicyRates
1. Basispoints:Itistheincreaseininterestratesinpercentageterms.Forinstance,iftheinterestrateincreasesby50basispoints(bsp), thenitmeansthatinterestratehasbeenincreaseby50%.Onepercentagepointisbrokendowninto100basispoints.Therefore,anincreasefrom2%to3%isanincreaseofonepercentagepointor100basispoints.
2. CRR:CashreserveRatio(CRR)istheamountoffundsthatthebankshavetokeepwithRBI.IfRBIdecidestoincreasethepercentofthis,theavailableamountwiththebankscomesdown.RBIisusingthismethod(increaseofCRRrate),todrainouttheexcessivemoneyfromthebanks.Thecurrentrateis4%,whichmeansforacashdepositofRs.100,thebankhastopark4rupeewiththecentralbank.
3. Reporate:ReporateisthepolicyrateandispartofRBIsLiquidityAdjustmentFacility(LAF).ItistherateatwhichcommercialbanksborrowfromtheRBIbysellingtheirsecuritiesorfinancialassetstotheRBIforashortperiodoftime.ItcomeswithanagreementthatthesoldsecuritieswillberepurchasedbythecommercialbanksfromtheRBIatafuturedateatpredeterminedprice.Thereporateisusedbythecentralbanktoincreaseliquidityinthesystem.
4. Reversereporate:ReverseRepoRateisalsoapartofLAF.Itistherateofinterestatwhichthecentralbankborrowsfundsfromotherbanksforashortduration.Thebanksdeposittheirshorttermexcessfundswiththecentralbankandearninterestonit.Thisrateisusedbythecentralbanktoabsorbliquidityfromtheeconomy.GenerallyitisonepercentagelessthantheReporate.
5. Bankrate:Theonlywaythebankrateisdifferentfromthereporateisthatthebankrateistherateatwhichbanksborrowmoneyfromthecentralbankwithoutanysaleofsecurities.Itisgenerallyforalongerperiodoftime
6. MarginalStandingFacility:TheReserveBankofIndiainitsmonetarypolicyfor201112introducedthemarginalstandingfacilityunderwhichbankscouldborrowfundsfromRBIwhenthereisaconsiderableshortfallofliquidity.ThismeasurehasbeenintroducedbyRBItoregulateshorttermassetliabilitymismatchesmoreeffectively.Underthisfacility,bankscanborrowupto1%oftheirnetdemand.
ThisGKCapsulehasbeenpreparedbyCareerPowerInstituteDelhi(FormerlyKnownasBankPower).ThisdocumentconsistsofallimportantnewsandeventsoflastfewmonthswhichcancomeinSBIPOExam.
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7. LiquidityAdjustmentFacility:Underthisfacility,banksborrowfromthecentralbankbypledginggovernmentsecurities.8. StatutoryLiquidityRatio:Thisisthepercentageofdepositsthatbanksmustmandatorilyholdintheformofgovernment
bonds.SLRbondsareliquidassetsthatcanbesoldatashortnoticetomeetanyunexpecteddemandfromdepositors.
NewsrelatedtoRBI:
1. RBI,hasdecidedthatIndiancompanieswillnotbepermittedto
raiseExternalCommercialBorrowingsfromoverseasbranchesorsubsidiariesofIndianbanksforrefinanceorrepaymentoftheRupeeloansraisedfromdomesticbankingsystem.
2. RaghuramRajan,theGovernoroftheReserveBankofIndia(RBI)announcedthatplasticcurrencynoteswillbelaunchedin2015afterfieldtrials.
3. RBIpanelheadedbyexChairmanofAxisBank,P.J.Nayakrecommendfordilutinggovtstakeinpublicsectorbankstobelow50%.Thegovernmentshouldcutitsholdinginpublicsectorbankstounder50percent,aReserveBankofIndia(RBI)panelreportonTuesdaysaid,criticisingthewayinwhichthelendersarenowbeinggoverned.
4. ReserveBankofIndiagrantedbankinglicencestoinfrastructurefinancingfirmIDFCandmicrofinanceinstitutionBandhanfromamong25applicantsthatincludedcorporateheavyweightsADAGGroup,AdityaBirlaGroupandBajajGroup.Note:Theinprincipleapprovalgranted(tothetwoentities)willbevalidforaperiodof18monthsduringwhichtheapplicantshavetocomplywiththerequirementsundertheguidelinesandfulfiltheotherconditionsasmaybestipulatedbytheRBI.ChandraShekharGhosh:CMDofBandhanfinancialservicesDr.RajivB.Lall:ChairmanofIDFCInfrastructureFinanceCompany.
5. ReserveBankofIndia(RBI)issuedtheguidelinestoallowtheminorsofageabove10yearstoindependentlyopenandoperatesavingsbankaccountsanduseotherfacilitieslikeATMandchequebooks.
6. RBIextendedthetimelineforfullimplementationofBaselIIInorms31March2019insteadof31March2018.
7. RBIinconsultationwithUnionGovernmenton1April2014cappedtheWaysandMeansAdvances(WMA)limitsforthefirsthalfofthenewfinancialyear201415(April2014Sep2014)at35000crorerupees.Note:TheinterestrateonWMA/overdraftwillbebasedon:a)WMA:RepoRate.b)Overdraft:TwopercentabovetheRepoRate
8. RBIextendsdateofexchangingpre2005notestoJan1,2015Note:TheReserveBankhasfurtherclarifiedthatthepubliccancontinuetofreelyusethesenotesforanytransaction.RBIhassaidthatpeoplecanunhesitatinglyreceivethesenotesinpayment,asallsuchnotescontinuetoremainlegaltender.
9. ReserveBankofIndia(RBI)hikedthetraderelatedremittancelimitfrom2lakhrupeesto5lakhrupeespertransactionwithimmediateeffect.Italsoincreasedthenumberoftransactionhandledbyexchangehouses.
10. KCChakrabarty,DeputyGovernor,ReserveBankofIndia,hasquitthreemonthsaheadofcompletionofhisterm.11. RBIpegged201415GDPgrowthatacentralestimateof5.5percent.12. Economicgrowthfor201415expectedat5.5pc.13. CADexpectedtocomedownto2pcofGDPin201415.14. Retailinflationexpectedtobeunder6pcin2014.15. RBIpanelheadedbyRBIDeputyGovernorAnandSinhahasrecommendedbringingabenchmarkfloatinginterestrate,
especiallyforhomeloans.PanelalsosuggestedIndianBanksBaseRate(IBBR).16. ThedeadlineforswitchingtonewformatbankchequesundertheChequeTruncationSystem(CTS)endedon30April2014.17. RBIscraps26%caponinterestrateforMFIs:(RBI)removed26percentcapontheinterestratethatcanbechargedbya
microfinancecompanytoitsborrowers.MFIisallowedtochargeinterestrateequalto2.75timestheaverageofthebaseratesofthetopfivecommercialbanks.
18. RBIpermits4nonbankentitiestosetupwhitelabelATMs:TheReserveBankhasissuedcertificateofauthorisationtofournonbankentities:
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(1)TataCommunicationsPaymentSolutions(2)MuthootFinance,(3)PrizmPaymentServicesand(4)VakrangeeLtd.,tosetupWhiteLabelATMs(WLAs)inthecountry.Note:MostoftheATMsbelongtobanks,butthecashdispensingmachineswhichareownedandoperatedbynonbankingcompaniesarecalledWhiteLabelATMs.
19. RBIpermitsSreitorolloutwhitelabelATMs:SreiInfrastructureFinanceisplanningtostartrolloutofitswhilelabelATMs(WLAs)betweenJulyandSeptemberstartingwithapilotof200TierIIItownsinUttarPradeshandBihar.
20. TheexpertcommitteeheadedbyUrjitR.Patel,DeputyGovernoroftheReserveBankofIndiaexaminethecurrentmonetarypolicyframeworkoftheReserveBankofIndia(RBI)hassuggestedthattheapexbankshouldadoptthenewCPI(consumerpriceindex)asthemeasureofthenominalanchorforpolicycommunication.Thenominalanchororthetargetforinflationshouldbesetat4percentwithabandof+/2percentaroundit.
21. Ex-Chairman of Axis Bank, P. J. Nayak is theheadoftheexpertpaneltoreviewbankboardsgovernance.ThepanelwillreviewtheRBI'sregulatoryguidelinesonownershipofbanksandrepresentationintheirboards,amongotherthings.
22. TheReserveBankofIndiahasraisedtheForeignInstitutionalInvestors,FIIsinvestmentlimitinthePowerGridCorporationto30percentofitspaidupcapital,underthePortfolioInvestmentScheme.
23. TheReserveBankofIndia(RBI)hasdoubledthesublimitforforeigninvestmentingovernmentsecurities,toUSD10billionbylongterminvestors.RBI'smoveisaimedtoattractmoreforeignfunds.Investorslikesovereignwealthfunds(SWFs),multilateralagencies,insurancefunds,pensionfundsandforeigncentralbanksareconsideredaslongterminvestors.
24. RBIrelaxesgoldloannorms:TheReserveBankofIndiahasallowedNonBankingFinancialCompanies,NBFCstolendupto75percentofthevalueofgold.Itwas60percentearlier.
25. RBIpanel(headedbybankerNachiketMor)hassuggestedsettingupofspecialisedbankstocatertolowincomehouseholdstoensurethatallcitizenshavebankaccountsby2016.
26. TheRBIappointedcommitteeonfinancialinclusionhasrecommendedthatthecentralbankshouldsetupspecialisedbankscalledPaymentsBanktoprovidepaymentservicesanddepositproductstosmallbusinessesandlowincomehouseholds.Thecommittee,headedbyNachiketMor,saidthatsincethenewbankwillbedealingwithpoorcustomers,suchabankmustbeallowedtoacceptamaximumdepositofnotmorethanRs50,000.
27. TheReserveBankofIndia(RBI)hadsetupapanelunderexecutivedirectorDeepakMohantytoreviewthecurrentsystemofdatacollection,disseminationanddatamanagementprocessesinthecentralbankandimprovetheexistingmechanism.
28. RBItightensnormsforcreditcardholders:RBIadvisedbankstotreatacreditcardaccountasanonperformingassetifthecustomerfailstopaytheminimumdueamountwithinastipulated90dayperiod.
HighlightsofInterimBudget2014:FinanceministerPChidambarampresentedhisinterimbudgetfor2014. Fiscaldeficitforcurrentfiscaltobe4.6% Revenuedeficitestimatedat3%forcurrentfiscal ExcisedutyonSUVscutfrom30to24%,inlargeandmidsegmentcarsfrom2724%to2420% Nochangesintaxlawsininterimbudget Excisedutycutfrom12to10percentincapitalgoodssectortostimulategrowth Excisedutyonmobilehandsettobe6%onCENVATcredittoencouragedomesticproduction Rs500croreestimatedrequirementforimplementingonerankonepayschemeforarmedforcesin201415 Rs6000croretoruralhousingfund,Rs2000croreforurbanhousingfund Rs3711croreforminorityaffairs;housingandurbanpovertyalleviationgetsRs6000crore Fiscaldeficittargetof3%tobeachievedby2017 CADwillbe$45billionin201314 Foreignexchangereservesupby$15billion Foodgrainproductionestimatedat263milliontonsin201314 3moreindustrialcorridorsChennaiBangalore,BangaloreMumbai,AmritsarKolkataundervariousstagesof
implementation GDPgrowthrateinQ3andQ4of201314willbeatleast5.2%
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FDILimitsSrno. ListofLimitsinVariousSectors(In%)1. Defence 262. Pension 493. Insurance 494. PrintMedia 265. CivilAviation 496. PublicSec.Banks 207. PrivateSec.Banks 748. MultiBrand 519. SingleBrand 10010. Tourism 100
IndiaGDPForecast: RBIpegged201415GDPgrowthatacentralestimateof5.5% WorldBanklowersIndiasGDPgrowthforecastfor201415at5.7% ADBpegsIndiaGDPgrowthratefor201415at5.5% IMFprojectedGDPgrowthforIndiain201415at5.4%IndiarankingindifferentIndexesfor201314:1. GlobalEnvironmentPerformanceIndex20141552. Intellectualproperty(IP)environment201425(USrankedonthetopfollowedbyUKandFrance)3. WorldPressFreedomIndex2014140inthelistof180countriess4. Nuclearmaterialsecurityindex201423rdoutof25countries5. World'sbestcountriesfordoingbusiness201498th(Irelandtoppedthelist).6. SocialProgressIndex2014:102outof1327. GlobalHungerIndex2013638. WorldProsperityIndex2013106.Norwaytopsthelist.9. GlobalGenderGapReport2013101.Icelandtopsthelist.10. GlobalPeaceIndex201314111. HumanDevelopmentReport201313612. GlobalCorruptionIndex20139413. GlobalCompetitivenessIndex201360for2013(Switzerlandtopinthisreport)14. GenderInequalityIndex2013132nd(UNHumanDevelopment(Index)Report)
SomeImportantEconomicTerms:
1. Bond:Acertificateofdebt(usuallyinterestbearingordiscounted)thatisissuedbyagovernmentorcorporationinorderto
raisemoney;thebondissuerisrequiredtopayafixedsumannuallyuntilmaturityandthenafixedsumtorepaytheprincipal.2. Balancesheet:Recordofthefinancialsituationofaninstitutiononaparticulardatebylistingitsassetsandtheclaimsagainst
thoseassets.3. BalanceoftradeThepartofanation'sbalanceofpaymentsthatdealswithmerchandise(orvisible)importsorexports.4. Closedeconomy:Aclosedeconomyisoneinwhichtherearenoforeigntradetransactionsoranyotherformofeconomic
contactswiththerestoftheworld.5. Deflation:Deflationisthecontinuousdecreaseinpricesofgoodsandservices.Deflationoccurswhentheinflationratebecomes
negative(belowzero)andstaysthereforalongerperiod.6. Debenture:Debentureisaloanissuedbyafirm,involvinggafixedrepaymentschedule,intermsofbothtimeandinterest.7. Debit:Moneypaidoutfromanaccounteitherfromawithdrawaloratransactionthatresultindecreasingthecashbalance.8. Equity:Equityisaonefinancialinstrumentbywhichcompanyinvitethepublictoinvesttheirmoneyinthecompanyand
investorcanbecomeapartnerofthecompany.Generally,whenthecompanyhaveinsufficientmoneytoexpanditsbusinessitcomeswithequityshares.
9. EconomicgrowthAnincreaseinthetotaloutputofanationovertime.Economicgrowthisusuallymeasuredastheannualrateofincreaseinanation'srealGDP
10. ExciseTaxTaxesimposedonspecificgoodsandservices,suchascigarettesandgasoline.11. ExportsGoodsorservicesproducedinonenationbutsoldtobuyersinanothernation.
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12. Fiscalpolicy:Fiscalpolicydefinestheuseofgovernmentspendingandrevenuecollectiontoinfluencetheeconomy.13. ForeignDirectInvestment(FDI):Investmentofforeignassetsdirectlyintoadomesticcompany'sstructures,equipment,and
organizations.Itdoesnotincludeforeigninvestmentintothestockmarkets14. ForeignExchange(FOREX):ForeignExchange(FOREX)isthearenawhereanation'scurrencyisexchangedforthatof
another.15. GDP:GDPstandsforGrossDomesticProduct.Itisamethodofmeasuringthesizeofeconomyofacountry.Wecandefineasthe
totalmarketvalueofallthegoodsandservicesproducedinagivenperiodoftimeinacountry.16. GNP:Thetotalvalueinmoneyofallfinishedgoodandservicesproducedinaneconomyinonefullyear,andallnetproperty
incomefromabroad.TheGNPgrowthrateisanimportanteconomicindicatorforcountryseconomicdevelopment.17. Imports:commodities(goodsorservices)boughtfromaforeigncountry.18. Inflation:InflationisasanincreaseinthepriceofbunchofGoodsandservicesthatprojectstheIndianeconomy.Anincreasein
inflationfiguresoccurswhenthereismoredemandandlesssupplyofthegoods.19. MutualFund:Thereareaccumulationandcollectionofmanydifferenttypesofshares.Itiswheninvestorstogetherwanttobuy
securitiesasagroup,thisfundcanbecalledamutualfund.Eachandeveryinvestorofthisgrouphasaproportionalstakeinthesharesbasedontheamounthehascontributed.
20. Monetarypolicy:Itistheprocessbywhichthecentralbank,ormonetaryauthorityofacountrycontrols(i)thesupplyofmoney,(ii)availabilityofmoney,and(iii)costofmoneyorrateofinterest.
21. NationalincomeTheamountofaggregateincomeearnedbysuppliersofresourcesemployedtoproduceGNP;netnationalproductplusgovernmentsubsidiesminusindirectbusinesstaxes.
22. PerCapitaIncome:Thetotalnationalincomedividedbythenumberofpeopleinthenation,Itmeanstheshareofeachindividualwhentheincomefromtheproductiveactivitiesisdividedequallyamongthecitizens.
23. SalestaxTaxespaidonthegoodsandservicespeoplebuy.24. StockAcertificatereflectingownershipofacorporation.25. Tax:Afeechargedbyagovernmentonaproduct,income,oractivity.Iftaxislevieddirectlyonpersonalorcorporateincome,
thenitisadirecttax.Iftaxisleviedonthepriceofagoodorservice,thenitiscalledanindirecttax.26. VAT:VATistheindirecttaxontheconsumptionofthegoods,paidbyitsoriginalproducersuponthechangeingoodsorupon
thetransferofthegoodstoitsultimateconsumers.Itisbasedonthevalueofthegoods,addedbythetransferor.Itisthetaxinrelationtothedifferenceofthevalueaddedbythetransferorandnotjustaprofit.Allovertheworld,VATispayableonthegoodsandservicesastheyformapartofnationalGDP.
27. WholesalePriceIndex(WPI):TheWholesalePriceIndex(WPI)takesintoaccountthewholesalepricesofidentifiedcommoditiesforcalculatingrateofinflation.
ImportantCommitteesinNews:
1. PJNayak:toreviewGovernanceofBoardsofBanksinIndia.ThecommitteewasconstitutedunderthechairmanshipofP.J.Nayak.HeisaformerChairmanandCEOofAxisBank.
2. MPBezbaruah:tosuggestsuitableremedialmeasurestoaddressconcernsregardingsecurityofpeoplefromNorthEast.3. B.Sambamurthy:panelfavourssinglemobilebankingapponallSIMs.Panelrecommendedthatcustomersshouldnotbe
requiredtovisitthebankbranchformobilenumberregistration.4. BCCIsuggeststhreemancommitteetoSCtoprobeIPLscandal.RaviShastri,formerCalcuttaHighCourtChiefJusticeJN
PatelandexCBIDirectorRKRaghavanasmembersoftheprobecommittee.5. VijayKelkarCommitteewasappointedbythePetroleumandNaturalGasMinistrytopreparearoadmaptomakeIndiaself
sufficientinoilandnaturalgasby2030.6. VishnuSahaycommittee:lookprobeintotheMuzaffarnagarcommunalviolence.7. UrjitPatelCommitteetoexaminethecurrentmonetarypolicyframework8. MukulMudgalmemberpaneltoprobeIPLspotfixing9. NachiketMorcommitteeoncomprehensivefinancialservicesforsmallbusinessesandlowincomehouseholds.10. JusticeA.P.Shahcommittee:toheadpanelonroadsafety11. AnilKaushalcommittee:toexaminetherecommendationsmadebytheTRAIonpricingofSpectrum.12. BimalJalanpanel:toscrutinizeapplicationsfornewbanklicenses.13. ParthasarathiShome.forTaxAdministrationReformCommission(TARC),Suggestasystemtoenforcebettertaxcompliance14. KiritParikhpanel:onfuelpricinghassuggestedthatthedieselpricesshouldbeincreasedbyRs11.50alitreeverymonthas
againstthe4550paisemonthlyhikefollowedcurrently.
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15. KU.B.Rao:theideaofsettingupBullionBankorBullionCorporationofIndia16. CRangarajanPanelrecommendedthepricingofnaturalgasbya
complexmethodologyofarrivingatanaverageofInternationalgashubprices.
17. ArvindMayaramPanel:reportontheallegedirregularitiesattheNationalSpotExchangeLtd(NSEL)
18. ArvindMayaramCommitteeforgivingcleardefinitionstoForeignDirectInvestment(FDI)andForeignInstitutionalInvestment(FII)
19. SumaVermaCommitteetoupdate,andrevisetheBankingOmbudsmanScheme,2006
20. DamodranCommittee:onimprovementofcustomerservicesinbanks
21. ShriM.NarasimhamCommittee:onBankingSectorReforms22. ShriRaghuramRajanCommittee:onFinancialSectorReforms,23. ShriB.MahapatraCommittee:toreviewtheexistingprudential
guidelinesonrestructuringofadvancesbybanks/financialinstitutions
24. ShriAdityaPuriCommittee:DisseminationofCreditInformation25. ShriK.U.B.RaoCommittee:recommendedaligninggoldimport
regulations26. KMChandrasekharcommittee:forrationalizationofforeign
investmentnorms27. ShriPulakKumarSinhaCommittee:tostudythefeasibilityof
Aadhaarasanadditionalfactorforauthenticationofcardpresenttransactions
28. MukulMudgalCommittee:lookingintoUSgiantWalmart'slobbyingactivitiestoenterIndia
29. MBNRaoCommittee:topreparetheblueprintofIndiasfirstwomensbank
30. JSMathurcommittee:toreviseNewspaperAdvertisementRates.31. K.RatnaPrabha:Committeeonindecentdepictionofwomenin
media
NewsRelatedtoBanking&Finance1. Indiarecentlylauncheditsownpaymentgateway'RuPay',equivalentofVisaandMastercard,whichwillworkonATMsand
merchantoutletsandhelpinreducingcashtransactions.Note:i.RuPay,whichworksonthreechannelsATMs,PointofSales(POS)andonlinesales,istheseventhsuchpaymentgatewayintheworld.ii.TheRuPayplatformdevelopedbyNationalPaymentsCorporationofIndia(NPCI)isbeingusedbycertainbankslikeICICI,StateBankofIndia,PunjabNationalBank,amongothers,forclearingandsettlement.
2. Indiabecamethirdlargesteconomyin2011from10thin2005:WorldBank.3. Note:Indiaemergedastheworldsthirdlargesteconomyin2011frombeingthe10thlargestin2005,movingaheadofJapan,
whiletheUSremainedthelargesteconomycloselyfollowedbyChina,latestfigureshaverevealed.4. GovtacceptsSahoopanelreportonreviewofdepositoryreceiptsscheme.Thekeyrecommendationsofthecommitteeinclude
allowingissuanceofdepositoryreceiptsagainstanyunderlyingsecuritiesequityordebt,byanyissuerlistedorunlisted.Note:Depositoryreceiptsarereceiptsdenominatedinforeigncurrencycreatedbyadepositoryinthecountryoflisting.TherearetwopopulartypesofdepositoryreceiptsglobaldepositoryreceiptsandAmericandepositoryreceipts.
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5. INGVysyaLifeInsuranceCompanyLtdhasbecomeExideLifeInsuranceCompany.TheinsurancecompanywillcontinuetohonouritscommitmentsandobligationsundertheinsurancepoliciesissuedtocustomersinthenameofINGVysyaInsuranceCompanyLtd.
6. SwitzerlandandNorwayaretheworld'smostexpensiveeconomies,followedbyBermuda,AustraliaandDenmark,accordingtoanewrankingbytheWorldBank
7. SBIlaunches3Digitalbankingfacilitiesforitscustomersi.TabBankingforSavingA/COpeningSavingsa/catCustomersdoorstepusingtabletPCprovidedtotheBanksSalesStaff(whovisittheCustomershome).ii.TABBankingforHomeLoanInprincipleapprovalforthehomeloanatcustomersdoorstepusingtabletPCprovidedtotheBanksHomeLoanSalesTeamwhichwillcaptureonthetabletKYCdetailsanddetails.iii.eKYCGenerateseKYC(KnowYourCustomer)identitydocument.
8. TheBombayStockExchange(BSE)launchedanInstitutionalTradingPlatform(ITP)tohelpSmallandMediumEnterprises(SMEs)andstartupcompaniestolistonthebourseswithoutanInitialPublicOffer(IPO).
9. BaselCommitteeissuedFinalstandardstocurbexposuresofbankstocustomers.TheBaselCommitteeonBankingSupervisionon15April2014issuedFinalstandardsformeasuringandcontrollinglargeexposuresofbankstocustomers.Thesestandardswilltakeeffectfrom1January2019
10. BankofIndia(BOI)hasbecomethefirstIndianbanktoextendabridgeloanof$200milliontoAirIndiatofinancethepurchaseoftwoBoeing787Dreamlineraircraft.
11. IndialeadsglobalremittanceswithUSD70bnin2013.India'sneighbourChinafollowssecondwithUSD60billion,saidtheWorldBankreport
12. WorldTradeOrganisation(WTO)projectedthattheworldtradewillgrowby4.7percentin2014.13. TheWorldBankgiveloanPakistan12billiondollarsoverthenextfive
yearstohelpliftitseconomy,14. QatarbasedDohaBankannounceditsFirstbranchinMumbai.The
branchinMumbaiwillbeopenedasafullfledgedbankinMay2014.Note:BankofBahrain&Kuwait,AbuDhabiBankarethetwootherbanksfromArabcountriestohaveoperationsinIndiabeforeDohabank.
15. BankofIndia(BOI)launchedInstantMoneyTransfer(IMT)schemeinMumbai.Note:IMTschemeallowscustomerstowithdrawcashwithoutusingeitherdebtcardorcreditcardatBoI'sIMTenabledATMs.Thisisthefirstofitskindinitiativelaunchedbyapublicsectorbank.
16. KotakMahindralaunchesaccountsintegratedwithFacebook,Twitter.17. ICICIPrudentialMutualFundhasbaggedMorningstarIndiasbestfundhouseawardinthedebt,equityandmultiasset
category.18. ADBpegsIndiaGDPgrowthratefor201415at5.5pc19. InflationbasedonWholesalePriceIndex(WPI)reacheda3monthhighof5.7%inMarch2014.20. WholesaleInflationfallsto9monthlowof4.68percentinFeb21. KotakMahindraBankannouncedthelaunchofJifi,afirstofitskindfullyintegratedsocialbankaccountthattranscendsnormal
digitalbankingbyseamlesslyincorporatingsocialnetworkingplatformslikeTwitterandFacebookwithmainstreambanking.22. ExportImportBankofIndiaextendedaLineofCreditof$89.90milliontotheGovernmentofRepublicofCongo,for
developmentoftransportationsystemintheRepublicofCongo.23. CentralBankofIndiahassolditsentirestakeincreditinformationproviderCIBILtoTransunionInternationalInc.CentralBank
hada5percentstakeinCIBILwhileTransunionisthemajorityshareholderinCIBILat27.5percent.24. CanaraBanknamescricketerShikharDhawanasitsbrandambassador.25. HousingDevelopmentFinanceCorporation(HDFC)BanksetWorldrecordforBloodcollectioninasingleday.Theblood
donationcamporganisedbyHDFCBankon6December2013wasrecordedintheGuinnessBookofRecords.26. TheWorldBankhassaiditwouldprovideupto$3billioninaidforUkrainein2014tohelpthecountrydelivermuchneeded
economicreforms.27. MaxLifeInsurancehastiedupwithToyotaFinancialServicesIndiaLtdtoprovideinsurancecovertocarloancustomers.28. Biharemergesasfastestgrowingstate(15.05percent)in201213:CSOReport.
Note:AccordingtotheCSOdata,Gujaratranked6thwithgrowthrateat7.96percent,behindBiharandMadhyaPradeshwith9.89percent,Goa8.47percent,Kerala8.24percentandOdisha8.09percent.TheallIndiagrowthratein201213was4.47percent.
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29. IndianBankhasbaggednationalawardforexcellenceinlendingtomicroenterprisesfor20122013,fortheconsecutivesecondyear.
30. CorporationBankhasbaggedtheawardsforlendingtoMSE(microandsmallenterprises)andtomicroenterprisesfromtheUnionMinistryofMicro,SmallandMediumEnterprises(MSME)for201213.
31. TheBankofBahrainandKuwait,BBK,planstoexpanditsoperationsinIndiabyopeningitsfourthbranchinthecountryinNewDelhi.
32. InterestrateonPostOfficeFDsincreasedbyupto0.2percentfrom8.2percentto8.4percent.33. Indias1stpostofficesavingsbankATMinauguratedinThyagarayaNagar,Chennai.34. SEBIapprovedthenewCorporateGovernancenorms.Thenewcorporategovernancenormswouldbecomeapplicableforall
listedcompanieswitheffectfrom1October2014.35. Wholesaleinflationeasedtoasevenmonthlowof5.05percentinJanuary,ondeclineintherateofpriceriseinfoodarticles,
mainlyvegetables.36. RetirementfundbodyEPFOdecidedtoincreasetherateofinterestonProvidentFunddepositsto8.75percentfrom8.5
percent.37. TheNationalBankforAgricultureandRuralDevelopmenthassanctionedRs348.63croretoKarnatakaunderRural
InfrastructureDevelopmentFund(RIDF).38. AsianDevelopmentBank(ADB)hasprovided$400millionfirsttranchelineofcredittoIndiaInfrastructureFinanceCompany
Ltd(IIFCL)tohelpaccelerateinfrastructuregrowththroughincreasedprivatesectorinvestment.39. AsianDevelopmentBankwillprovideUSD275millionloanforimprovingruralroadconnectivityinfivestatesincluding
Assam,Chhattisgarh,MadhyaPradesh,OdishaandWestBengalinthecountry.40. BharatiyaMahilaBank(BMB)andSBICardshavejoinedhandsforrolloutofcreditcardstocustomersofIndiasfirstwomen
focusedcommercialbank41. BharatiyaMahilaBank(BMB),thefirstallwomenbank,tiedwithNewIndiaAssurancetolaunchhealthinsuranceproductsfor
womenaccountholdersofthebank.42. TheBankofJapan(BOJ)andRBIconcludedanagreementthatexpandsthemaximumamountofthebilateralswaparrangement
(BSA)betweenthetwocountriestoUSD50billion.Note:BOJGovernorisHaruhikoKurodaandRBIGovernorRaghuramRajan
43. NationalBankforAgricultureandRuralDevelopment(NABARD)hasreducedrefinancerateforbanksandotherlendingagenciesby0.20percenttopromoteruralcreditandruralinfrastructure.Note:Therevisedrateofinterestonrefinanceforaperiodoffiveyearsforcommercial,statecooperative,regionalruralandprimaryurbancooperativebankswillbe9.70percent,downfrom9.90percent.
44. SEBIgrantsnewstatustothreeclearingcorporationstoNationalSecuritiesClearingCorporation,IndianClearingCorporationandMCXSXClearingCorporation.
45. IMFprojected5.4percenteconomicgrowthforIndiain20141546. WB(WorldBank)projectedeconomicgrowthrateof5.7%forIndiain201415fiscal47. WorldBankwillprovide$250millionloantoconstructdisasterresilienthousesandroadsindisasterhitUttarakhand.48. WorldBankwillprovide$500millionloanforwatersupplyandsanitationprojectsintheruralareasofAssam,Bihar,
JharkhandandUttarPradesh.49. WorldBankwillprovide50milliondollarassistancetoAfghanistantosupportthegovernment'seffortstoimproveaccessto
creditformicro,smallandmediumenterprises.50. LIChasrelauncheditsJeevanAnandplan,aparticipatingnonlinkedplanwhichoffersanattractivecombinationof
protectionandsavings.51. Govtlaunchesinflationindexedsavingbondswhichofferprotectiontoretailinvestorsfrompricerise.Theminimumlimitfor
investmentisRs5,000andthemaximumisRs5lakhperapplicantperannum.InterestratewouldbelinkedtoConsumerPriceIndex(CPI).
52. TheworldsfirstBitcoinstorageservicethatinsuresdepositsofthedigitalcurrencyagainsthackersandaccidentallosshasopenedinLondon.
53. EconomicgrowthinIndiaprojectedat5.35%in2014,saysUNreport54. UNprojectedtheglobaleconomytogrowatapaceof3percentin2014and3.3percentin2015.55. IndianOverseasBanklaunchedConnectCard,anewATMcumDebitcardinassociationwithVISAthatcanbeusedfore
commerceacrossfivelakhmerchantoutlets.56. TheCompetitionCommissionofIndia(CCI)approvedAmericanretailgiantWalmartStoresInc'sproposaltoacquireBharti
Group'snearly50percentstakeintheirIndianwholesalestoresjointventure.
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57. TheNationalBankforAgricultureandRuralDevelopment(NABARD)projectedacreditpotentialofRs12726.83croreinthestatefocuspaper(SFP)fortheyear201415inUttarakhandundertheprioritysector.
ImportantNews(India&World):1. BharatiyaJanataPartywins282seatsastheNDAbags334inGeneralElections2014.TheBJPledNDAissettoformthenew
GovernmentattheCentrewithamassivewinintheLokSabhaelections.Thesaffronpartyhassecuredanabsolutemajorityonitsownbywinning282seats.
2. BJPwins71seatsinUP.InUttarPradeshresultsofall80constituencieshavebeendeclared.BharatiyaJanataPartyhas71seats.RulingSamajwadiPartyhaswon5seatsandtwoseatseachhasbeenwonbytheCongressandtheBJPallyApanaDal.
3. Indiawillbecometheworldsthirdlargestoilconsumerby2025accordingtotheUSEnergyInformationAdministration(EIA).TheUSEnergyInformationAdministration(EIA)releaseditsannualEnergyOutlookon7May2014.Atpresent,IndiaisthefourthlargestoilconsumerintheworldbehindtheUS,ChinaandJapan.
4. ActorfilmmakerKamalHaasanledtheIndiandelegationatthe67thCannesInternationalFilmFestivalinauguratedinCannes,Franceon14May2014.
5. TheUnitedNationsandtheInternationalOlympicCommitteehassignedahistoricagreementtousethepowerofsportstopromotepeaceandeconomicdevelopment.Note:IOCPresident:ThomasBach
6. EuropeanUnionbansIndianAlphonsomangoes,veggiesfromMay1.The28memberEuropeanUnionhastemporarilybannedtheimportofAlphonsomangoes,thekingoffruits,andfourvegetablesfromIndiafromMay1,sparkingprotestsfromtheIndiancommunity,lawmakersandtraders.Note:Therecentdecisionbythegrouping'sStandingCommitteeonPlantHealthcameafter207consignmentsoffruitsandvegetablesfromIndiaimportedintotheEUin2013werefoundtobecontaminatedbypestssuchasfruitfliesandotherquarantinepests.
7. MicrosoftacquiresNokia'smobilephonebusinessfor$7.5bn.TheFinnishcompanywillnowfocusonnetworks,mappingservicesandtechnologydevelopmentandlicences.Note:FormerNokiachiefexecutiveStephenElophasbecomeexecutivevicepresidentoftheMicrosoftdevicesgroup
8. TheSupremeCourtofIndiaappointedformerjudgeoftheHighCourtofAustralia,MichaelHudsonMcHughasthethirdarbitratortoresolvethedisputebetweentheCentralgovernmentandMukeshAmbaniledRelianceIndustriesLtd(RIL)onKGbasin.
9. SCrecognizestransgenderasthirdcategoryofsex.Inalandmarkjudgement,theSupremeCourtonMondayrecognisedtransgendersoreunuchsasthirdcategoryofgenderanddirectedCentreandstatestograntthemallfacilitiesincludingvotersID,passportanddrivinglicence.
10. WHOcertifiesIndiaasapoliofreenation.11. WorldMeteorologicalOrganization(WMO)panelannouncedthatCherrapunjiinIndiaregainedtheworldrecordforhighest
rainfallin48hourswith2493millimeters.12. RussiasuspendedfromG8group:The G7 group of top economic powers have kicked out Russia from the powerful G8 over its annexation of Crimea and
threatened to impose far-reaching sanctions if Moscow continued its incursion into Ukraine.ii.The US and six other economic powers also scrapped the G8 summit to be hosted by Russia in Sochi in June to build pressure on Russian President Vladimir Putin against his military action in Ukraine.AboutCrimeai.TheAutonomousRepublicofCrimeaisanautonomousparliamentaryrepublicwithinUkraineandisgovernedbytheConstitutionofCrimeainaccordancewiththelawsofUkraine.ii.ThecapitalisthecityofSimferopol,locatedinthecenterofthepeninsula.Crimea'sareais26,200squarekilometers.iii.The Crimean peninsula, the main flashpoint in Ukraine's crisis, is a pro-Russia part of Ukraine, separated from the rest of the country geographically, historically and politically. It also hosts Russia's Black Sea Fleet. Ukraine has accused Russia of invading it.
13. IFFCOgetsapprovaltosetup$1.6bnureaplantinCanada.14. GlobalpharmamajorNovartisacquireGlaxoSmithKlineplc's(GSK).
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15. AndhraPradeshhasrecordedhighestgrowthintermsofmilkproductionatover41percentandpercapitamilkavailabilityabout36percent,duringtheperiod200610.
16. AUSjuryorderedSamsungElectronicsCoLtdtopay$119.6milliontoAppleInc,abiglossfortheiPhonemakerinthelatestroundoftheirglobespanningmobilepatentlitigation.
17. CadburyIndiaLimitedannouncedtochangeitsnametoMondelezIndiaFoodsLimited.CadburyIndiaLimitedisasubsidiaryofMondelezInternationalInc.
18. Vietnam(Hanoi)decidednottohostthe2019AsianGamesforfinancialreasons,andwasexploringprocedurestowithdrawfromstagingtheregion'slargestsportingevent.
19. SunPharmaceuticalIndustries(SPL)announcedthatitwillacquire100percentofRanbaxyLaboratoriesina$4billionallsharetransaction.
20. DeadlyHeartbleedvirusarrivesinIndiancyberspace.21. JammuandKashmirbecamethefirststateinthecountrytodeclareallelectionboothsinthecomingLokSabhapollsasno
smokingzones.22. IRV2020programmehasbeenlaunchedbyWHOIndia,withanaimto
protectandincreasethepopulationoftheonehornedrhinoceros(Rhinocerosunicornis).
23. WorkdaysfortribalsunderMNREGAraisedfrom100to150.ThosetribalswhohavereceivedlandrightsundertheForestRightsAct,2006willbeeligibleforadditional50daysofwageemploymentundertheruraljobscheme.
24. IndianominatedRanikiVavlocatedinPatan,GujaratandtheGreatHimalayanNationalPark(GHNP)inHimachalPradeshforUNESCOsWorldHeritageSiteStatusfor2014.
25. VandanaFoundationlaunchedAQUATMinMumbai:TheAQUATMisawatervendingmachinefromwhichwatercanbepurchased.Thiswaterwendingmachinewillrelease1literwateratapriceof1rupee.
26. AirIndiaisallsettojointheworld'slargestairlinegrouping,StarAlliance,thisJuly,makingitthefirstairlinefromIndiatobepartofaglobalchainofcarriers.
27. GujaratstatehasbeenrankednumberoneinalistofIndia's20largeststatesintermsofeconomicfreedom.
28. GooglepartnerswithRaybanforGoogleGlass.29. IndiaisDubaislargestnonoiltradingpartnerin20131430. InthebiggesteverdealsignedattheIndiaAviationShow,SpiceJet
hasinkedanagreementwithBoeingforpurchaseof42737MAX8aircraftcostingRs.26,000crore($4.4billion).
31. KelloggsropesinDeepikaPadukoneasbrandambassadorforSpecialK
32. MauritiusPresidentRajkeswarPuryaagisthechiefguestatGlobalAyurvedaFestinKerala
33. NationalWaqfDevelopmentCorp.LimitedisanewCentralPublicSectorEnterpriseinNewDelhi.Note:ItwillberemainundertheMinistryofMinorityAffairs.NationalWaqfDevelopmentCorporation(NAWADCO)hasbeenestablishedwithanauthorizedsharecapitalofRs.500Crore.ii.ThecorporationhasbeenestablishmentasafollowupoftherecommendationofSacharCommittee.
34. SocialmediagiantFacebookwillacquiremobilemessagingcompanyWhatsAppfor19billiondollarsinacashandstockdeal,thelargestacquisitionbytheMarkZuckerbergledfirm.Undertheagreement,WhatsAppcofounderandCEOJanKoumwilljoinFacebookBoardofDirectors.Note:WhatsApp,headquartersisinCalifornia'sMountainView.
35. Odiadeclaredasclassicallanguage.Sofar,Sanskrit,Tamil,Telugu,KannadaandMalayalamhavebeendeclaredasclassicallanguages.
36. GoogleandArchaeologicalSurveyofIndia(ASI)jointlylaunched360degreepanoramicimageryof30outof100"nationallyimportantmonuments"includingTajMahal,RedFort,Humayun'sTomb,JantarMantarandQutubMinaramongothers,viewabletoonethirdoftheworld'spopulation.
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37. CheteshwarPujara,themiddleorderbatsmanofIndiancricketteamappointedasthebrandambassadoroftheGujaratStateElectionCommission.
38. CountrysfirstMinorityCyberVillageopenedinChandoliinAlwardistrictofRajasthan.39. Sikkimachievesover100percentsanitation.Sikkimhasbecometheonlystateinthecountrytoachievemorethan100percent
sanitationinruralandurbanhouseholds,schools,sanitarycomplexesandAanganwadicentres.40. IndiasfirstmonorailservicelaunchedinMumbai.Thefirstphasecovers8.9kmlongWadalaChembursection.41. BelgiumbecamesecondcountrytoallowMercyKillingforChildren.ParliamentofBelgiumon14February2014legaliseddeath
toterminallyillchildrenofanyage.Note:OtherEuropeancountriesthatallowsactiveeuthanasiaare:1.Luxembourg,whichpermitsactiveeuthanasiaforover18yearsinage.2.Switzerlandletsdoctorstohelpadultpatientstocommitsuicide
42. Indiaistheworldslargestarmsimporter:SIPRI.ThenewdatahasrankedChinaandPakistansecondandthirdrespectivelyasthelargestarmsimporter.ThereportpublishedbyasSwedishThinkTank,StockholmInternationalPeaceResearchInstitute(SIPRI)hasclaimedthatIndiacontinuestobethelargestbuyerofarmsintheworld.
43. IndiabecamethirdlargestcrudeoilimporterintheWorld.WorldsTopFiveOilImportingCountriesare:1.China,2.U.S.A:,3.India4.Japan 5.Germany
44. Facebookwithmorethan1.2billionusersworldwideiscelebratingits10thbirthdayon3rdFeb2014.45. SixPublicSectorUnits(PSUs)havesignedaMemorandumofUnderstanding(MoU)tosetuptheWorldslargest4000MWultra
solarpowerprojectinRajasthan.Theprojectwillbethelargestsinglelocationsolarplantspreadacross19000acresatSambharinRajasthan.
46. TheMinistryofRailwaysandtheGovernmentofKarnatakasignedamemorandumofunderstanding(MoU)forthesettingupofarailcoachfactoryatKolarinKarnataka.
47. CabinetapprovesquotahikeofsubsidisedLPGcylindersfrom9to12.48. KeralawinsUNaward:KeralaTourismhasbeenconferredtheUnitedNationsAwardforcreatinginnovativeinitiativesfor
sustainabletourism,thefirsttimeIndiahaseverwontherecognition.49. Odisha'sChilikalagoon,hotspotforbiodiversity,hasbeennamed'destinationflyways'byUnitedNationsWorldTourism
Organization(UNWTO)followingitsinclusioninalistofeightsuchsitesworldwide.Note:ChilikaistheonlysitetobeselectedfromAsiabytheUNWTO.
50. JapanesePM(ShinzoAbe)istheChiefGuestatIndias65thRepublicDaycelebrationson26thJanuary2014.51. TheJaincommunitywasaccordedminoritystatusbythecentralgovernment,whichwillenablethemtoavailofbenefitsin
governmentschemesandprogrammes.TheJainsbecamethesixthcommunitytohaveminoritystatusafterMuslims,Christians,Sikhs,BuddhistsandParsis.
52. AmullaunchesIndiasfirstmilkATMinGujarat.53. SouravGangulyconferredDoctorofLettersdegreebytheprestigiousBengalEngineeringandScienceUniversity(BESU),
Shibpur,forhisgreatcontributiontoIndiancricket.54. DelhibecamefirststatetowithdrawFDIinMultibrandRetail.55. Indiahasbeenranked98thintheForbeslistofworld'sbestcountriesfordoingbusinessthathascitedpoverty,corruptionand
discriminationagainstgirlsamongthechallengesfacingthecountry.Irelandtoppedthelist.56. TheUSGreenBuildingCouncil(USGBC)hasrankedIndiaasNo3amongthelistoftop10countriesforLEEDoutsideofthe
UnitedStates.57. PrinceHarryhasbecomethefirstBritishroyaltoreachtheSouthPoleafterathreeweekcharitytrekwithinjuredmilitary
veteransfromBritain,theU.S.,CanadaandAustralia.58. CricketiconSachinTendulkarhasbeennamedtheregionalbrandambassadorbytheUNICEFtopromoteitsTotalSanitation
CampaigninIndia,Pakistan,SriLanka,BangladeshandNepal.59. ThePetroleumConservationResearchAssociationundertheMinistryofPetroleumandNaturalGashasselectedAndhra
PradeshfortheawardofbestperformingStateamongstthebigstatesfortheoilandgasconservationprogrammes.60. GorakhpurrailwaystationenteredLimcaBookofRecordsasworldslongestplatform
Note:BeforetheplatformnumberoneofGorakhpur,theplatformofKharagpurrailwaystationofWestBengalhadthedistinctionofbeingworldslargestplatformwithlengthof1072.5meters.
61. Indiaranks140inthelistof180countriesintheWorldPressFreedomIndex2014,whereasChinaandPakistanwereplacedat175thand158thpositionrespectively.
62. Indiawasranked94thoutof177countriesonGlobalCorruptionPerceptionIndex2013,whichwasreleasedbyTransparencyInternational.DenmarkandNewZealandtiedforfirstplace.
63. Indiahasbeenranked23rdoutof25countriesinnuclearmaterialsecurityindex.Chinahasbeenrankedat20thspot,whilePakistanstandsat22ndplace.
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64. Indiaranked155thinGlobalEnvironmentPerformanceIndex65. Indiaranksatthebottomofthelistof25countriesintermsofitsintellectualproperty(IP)environment.USrankedonthetop
followedbyUKandFrance.66. CumbriaUniversityofUKbecamethefirstpublicuniversitytoacceptfeesindigitalcurrency,Bitcoin.Asystemforprocessing
thepaymentsisalreadyoperational.67. Dhoom3hasbecomeBollywoodshighestrevenuegrosserofalltimesinjustafortnightafteritspanIndiarelease.68. ChiletookitsseatattheUnitedNationsSecurityCouncil(UNSC)asanonpermanentmemberoftheinternationalbodytillDec
31,2015.69. NepalandIndiahaveagreedinprincipletoallowcirculationofRs.500andRs.1,000denominationIndianbanknoteswithin
Nepaleseterritory,endingabaninplaceforoveradecade.Note:Thedecisiontoscrapthe2010dealwastakennearlyayearafterreportssurfacedthattwotopofficialsofthecompanyhadallegedlypaidbribestobagthecontract.FormerIAFchiefSPTyagiisoneoftheaccusedinthecase,whichisbeingprobedbyCBI.
70. Indiacancels3,600crorerupeeVVIPchoppersdealwithAngloItalianfirmAgustaWestLand.71. EuropelaunchedGaiasatellite,oneofthemostambitiousspacemissionsinhistory.72. Alstombagged125millioneurocontractfromBHELforNeyveliNewThermalPowerProject.Thecontractistosupply
componentsandservicesforthe1000MWNeyveliNewThermalPowerProject(NNTPP)ofNeyveliLigniteCorporationlocatedinTamilNadu.Note:Alstomisagloballeaderintheworldofpowergeneration,powertransmissionandrailinfrastructure.Ithassetabenchmarkforinnovativeandenvironmentallyfriendlytechnologies.ii.Alstombuildsthefastesttrainandthehighestcapacityautomatedmetrointheworld.
73. ChinabuiltanewresearchstationinAntarcticacalledTaishan.ItwasChinasfourthresearchstationinthesouthernpole.Note:AntarcticaisthefifthlargestcontinentinareaafterAsia,Africa,NorthAmerica,andSouthAmerica.
74. China'sfirstlunarrovernamedJadeRabbitlandedonMoon.ThelunarroverhasbeennamedJadeRabbit(calledYutuinChinese).Note:Inpastthreedecades,Chinaisthefirstcountrytodoso.Earlier,Luna24ProbeofSovietUnionwasthelastspacemissiontolandonmooninAugust1976
75. Chileistheworldstopcopperexporter,anditsfastgrowingeconomy,lowunemploymentandstabledemocracyaretheenvyofLatinAmerica.
NewAppointmentinIndia
1. R.M.Lodha:NewChiefJusticeofIndia.Heisthe41stChiefJusticeofIndia.HesucceedsJusticeP.Sathasivam.2. LtGenDalbirSinghSuhag:appointednewArmyChief.Hesucceed Gen Bikram Singh. 3. RGandhiappointedDeputyGovernorofRBI.HereplaceAnandSinha4. RobinKDhowan:appointedNewNavyChief.5. ArupRahanewAirChiefMarshal.HesucceededNAKBrowne.6. ArvindMayaram:appointednewFinanceSecretary.HereplaceSumitBose7. SaurabhChandra:newOilSecretary.8. RajivTakru:appointedRevenueSecretary9. SudhirGupta:appointednewTRAISecretary10. RajeevKher:appointednewCommerceSecretary.HereplaceSRRao11. AshokLavasa:appointedCivilAviationSecretary.HereplaceKNSrivastava.12. JusticeG.Rohini:becomethefirstwomanChiefJusticeoftheDelhiHighCourt.13. IlaPatnaik:appointedasPrincipalEconomicAdvisor14. RetiredAirChiefNAK.BrowneappointednewIndianenvoytoNorway.15. RahulKulshreshthappointednewIndianenvoytoTurkey16. SunilGavaskar:interimPresidentofBCCI17. G.Gopalakrishna:joinedasdirectorofCentreforAdvancedFinancialResearchandLearning(CAFRAL).
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18. SureshKumarReddyappointedastheFirstambassadortoASEAN19. Ms.LakshmiSwaminathanbecamethefirstIndiantobecomepresidentofAdministrativeTribunaloftheAsianDevelopment
Bank(ADB)20. LalitModielectedpresidentofRajasthanCricketAssociation.21. ArundhatiBhattacharya:SBI'sfirstwomanChairman22. AkhileshGupta:electedasPresidentoftheIndianMeteorologicalSociety23. TomAlbanese:NewCEOofMiningconglomerateVedantaResources:24. SomaMondalappointedfirstWomendirectorofNationalAluminiumCompanyLtd(NALCO).25. AmitabhKant,CEOandManagingDirectoroftheDelhiMumbaiIndustrialCorridorDevelopmentCorporation,takechargeas
Secretary,DepartmentofIndustrialPolicyandPromotion.26. ThomasMathew:NewChairmanofMCXStockExchange27. DKPathak:newDirectorGeneraloftheBorderSecurityForce(BSF).28. SheilaDikshit:NewGovernorofKerala.29. DineshSarraf:appointedasChairmanandManagingDirector(CMD)ofOilandNaturalGasCorporation(ONGC).He
replacedSudhirVasudeva.30. GautamBambawale:newIndianambassadortoBhutan31. JudeFelix:appointedcoachoftheNationalmenshockeyteam.32. YaduvendraMathur:appointedasChairmanandManagingDirectorofExportImportBankofIndia(EximBank)33. RakeshMaria:appointedasanewPoliceCommissionerofMumbai.HereplaceSatyapalSingh.34. ALBanerjee.NewDGPofUP(UttarPradesh):HesucceedsRizwanAhmad.35. AditiKhannabecamefirstwomenPresidentofIndianJournalist'sAssociation36. MukulMudgal:appointedasthenewchairpersonofBroadcastingContentComplaintsCouncil(BCCC)37. R.K.Tiwari:appointedasthenewchairmanofCentralBoardofDirectTaxes(CBDT).HesucceedChairpersonSudhaSharma.38. N.SrinivasantobenewChairmanofICCfromJuly2014onwards39. PoonamKhetrapalSingh:appointedasRegionalDirectorofWorldHealthOrganisation(WHO)SouthEastAsiaRegion
Note:i.SEAROisoneofthesixregionsofWorldHealthanditsheadquartersisinNewDelhi.ii.SEROhas11countriesnamelyIndia,Nepal,Bhutan,Bangladesh,Myanmar,Thailand,Indonesia,SriLanka,Maldives,TimorLesteandDPRKorea.
40. JusticeAshokKumarMathur:appointedChairmanofthe7thPayCommission41. T.NandaKumar:newChairmanoftheNationalDairyDevelopmentBoard(NDDB),replaceAmritaPatel42. AkhileshDasGuptareelectedpresidentoftheBadmintonAssociationofIndia(BAI)43. P.Madhusudan:appointedChairmanandManagingDirector(CMD)ofRashtriyaIspatNigamLtd(RINL)44. NRamachandran:NewPresidentofIndianOlympicAssociation(IOA)45. RatanTataappointedmemberofChinabackedBoardofBoaoForumforAsia(BFA)46. ArvindRanjan:appointednewChiefofCentralIndustrialSecurityForce(CISF)47. JNChoudhury:appointednewChiefofNationalSecurityGuard(NSG).48. VinodKumarDuggal:appointedastheGovernorofManipur.HereplaceAshwaniKumar.49. SiddarthBirla:NewPresidentofFICCI(FederationofIndianChambersofCommerceandIndustry).HesucceededNainaLal
Kidwai.50. UshaSangwanappointedfirstwomanmanagingdirectorofLifeInsuranceCorporationofIndia(LIC)51. SushmaSinghNewCIC(ChiefInformationCommissoner).SheisthesecondwomantobecomeCICafterDeepakSandhu.52. HarshBhanwala:NewNabardChairman.BhanwalasucceededPrakashBakshi.53. KrishIyernamedCEOofWalmartIndia.HereplaceRamnikNarsey.54. P.H.ParekhelectedasthePresidentofSupremeCourtBarAssociation.55. DevendraKumarPathak:appointedastheSpecialDG,BorderSecurityForce(BSF)56. JusticeB.S.Chauhan,aJudgeoftheSupremeCourtappointedastheChairmanoftheCauveryWaterDisputesTribunal.He
succeed Justice NP Singh. 57. HarishRawat:NewChiefMinisterofUttarakhand
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NewAppointmentinWorld
1. Maj.Gen.KristinLundappointedfirstwomantoleadUNforce.Shereplace Chinese Maj. Gen. Chao Liu.
2. NewinterimPMofThailand:NiwatthamrongBoonsongpaisan.Note:Ms.YingluckshinawatraandnineCabinetmemberswereforcedtostepdownbytheConstitutionalCourt,whichfoundherguiltyofabuseofpower.
3. NewPMofLibya:AhmedMaiteeg4. NewPresidentofPanama:JuanCarlos5. NewNokiaCEO&President:RajeevSuri6. NewPresidentofAlgeria:AbdelazizBouteflika7. NewreelectedPMofHungary:ViktorOrban8. NewPrimeMinisterOfFrance:ManuelValls9. NewPresidentofMalta:MarieLousieColeiroPreca10. PMofMalta:JosephMuscat11. NewPrimeMinisterofEgypt:IbrahimMahlab:.IbrahimMahlab
replaceHazemelBeblawi.12. NewPresidentofChile:MichelleBachelet13. NewCEOofFord:MarkFields.HesucceedAlanMulally14. NewItaly'syoungestPM:MatteoRenzi.Heisthe39yearoldleader
oftheCentreLeftDemocraticParty,15. NewPrimeministerofUkraine:ArseniyYatsenyuk16. InterimPresidentofUkraine:OleksandrTurchynov17. NewPMofNepal:SushilKoirala.HereplacedKhilRajRegmi.18. NewChairmanofMicrosoft:JohnThompson.HesucceededBill
Gates19. NewCEOofMicrosoft:SatyaNadella.HereplacedSteveBallmer
andhetakesoverasthethirdCEOoftheMicrosoftfirm.20. MarcoLambertiniappointedasdirectorgeneralofWWF(WorldWideFundforNature)International21. NewSecretaryGeneralofNorthAtlanticTreatyOrganisation(NATO):JensStoltenberg.HereplacetheincumbentSecretary
GeneralAndersFoghRasmussen.22. NewPMofBangladesh:SheikhHasinaShebelongstoAwamiLeagueparty.
23. NewchairmanoftheFederalReserve:JanetYellen.ShesucceedsChairmanBenBernanke.
JanetYellen,thefirstwomantochairtheFederalReserveinits100yearhistory.FederalReserveisthenameoftheCentralBankofUS.
24. NewPakistanienvoytoIndia:AbdulBasit.HereplaceSalmanBashir.25. NewForeignSecretaryofPakistan:AizazChaudhry26. NewPakistaniAmbassadortoUS:JalilAbbasJilani27. FirstSecretaryGeneralofBIMSTEC:SumithNakandala28. ShahnazShaikh:appointedPakistanCoachofNationalHockeyteam.29. TeresaKhoisADB'snewCountryDirectorforIndia.ShereplacesHunKim30. AngelaMerkel:beginsthirdinningsasGermanchancellor.31. AbdiweliSheikhAhmed:NewPrimeMinisterofSomalia.(MogadishuistheCapitalSomalia).32. AshrafJehan:FirstfemalejudgeinPaksNationalShariaCourt
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Summits
G20Summit:G20meeting(2014)ofFinanceministersandcentralbankgovernorsheldinSydney(Australia).G20LeadersSummit(2014)willbeheldinBrisbane,Queensland(Australia,inNovember2014.NATOSummitNATOSummit2014willbeheldinBritain.(Britainlasthostedthesummitin1990,whenMargretThatcherwasPrimeMinister).G8Summit:39thSummit2013:UnitedKingdom.(NorthernIreland)Note:The40thG8summitwasduetobeheldinRussiain2014.Themeetingwasplannedfor45June2014attheBlackSearesortofSochi.However,theothersevencountriesdecidedon24MarchthatasummitwouldbeheldwithoutRussia,inBrussels,Belgium.G7countriesrefusetoattendplannedG8summitinRussia.G8Countries:Canada,France,Germany,Italy,Japan,Russia,BritainandtheUSSAARCSummit:3rdSAARCministerialmeetonpovertyalleviation2013Kathmandu(Nepal)18thSAARCSummit2013Kathmandu(proposed)Nuclearsecuritysummit2ndSummit2012Seoul(SouthKorea),3rdSummit2014(Next):Netherland4thSummit2016:UnitedStatesBIMSTECSummit3rdBIMSTECsummit2014:NayPyiTaw(Myanmar)4thBIMSTECsummitwillbeheldinNepal.Note:BIMSTEC(BayofBangalInitiativeforMultisectoralTechnicalandEconomicCooperation)BIMSTECincludes7countries:Bangladesh,India,Myanmar,SriLanka,Thailand,BhutanandNepalandaimstocreatecooperationinmultiplesectorsincludingtrade,investmentandenergy.NAMSummit:16thSummit2013:Tehran,Iran17thSummit2015Caracas(Venezuela)Note:Twonations,namelyAzerbaijanRepublicandFiji,wereacceptedasthenewmembersoftheorganization.NewMember1.UnitedNationSouthSudannewmembercountry.Total193members2.WTOTajikistannewmembercountry.Total159members.3.WorldBank&IMFSouthSudannewmembercountry.Total188members4.EuropeanUnionCroatianewmembercountry.Total281. World Economic Forum 2014: held in Abuja (Nigeria). Bharti Enterprises founder and Chairman Sunil Bharti Mittal co chair this
years edition of the World Economic Forum on Africa.2. India,SriLankaandMaldivesheldNationalSecurityAdvisorlevelmeetingonmaritimesecuritycooperationinNewDelhi.3. WorldTelecommunicationsDevelopmentConferenceheldinDubai.4. TheGreenEconomySummitheldinDubai.5. ArabSummit2014:KuwaithosttheArabsummitforthefirsttime6. InternationalPetroleumConference2014(PETROTECH2014)heldinNewDelhifrom12th15thJanuary2014.7. The9thWTOMinisterialConferencewasconcludedon6December2013atBali,Indonesia.8. 12thPravasiBharatiyaDivas2014heldinNewDelhi.Thisyear'sthemeis"EngagingDiaspora:ConnectingAcrossGenerations"
DatukSeriGPalanivalistheChiefGuestof12thPravasiBharatiyaDivas
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9. The8thAsiaGasPartnershipSummit(AGPS)washeldatNewDelhi,India.The8thAGPSwasorganizedbyGAIL(India)LimitedandFederationofIndianChambersofCommerceandIndustry(FICCI).
PointsToRemember:
MOUsDealbetweenIndia&OtherCountries1. Indiahascommitted8.5billionrupeestoBhutanforSmallDevelopmentProjectforthecountrysthe11thFiveYearPlan.2. IranandJapansignedaMemorandumofUnderstanding(MoU)forbilateralcooperationonenvironmentalissuesinTokyo.3. India,Azerbaijan:toexploreopportunitiesinenergysector4. IndiaandCanadahavesignedthreeMoUsforcooperationinhealthsector,audiovisualcoproductionandskilldevelopment.5. India,PolandagreetoformJointWorkingGroupforcooperationinfilmssector.6. IndiaandFijihavesignedaDoubleTaxationAvoidanceAgreement,DTAAfortheavoidanceofdoubletaxationandforthe
preventionoffiscalevasionwithrespecttotaxesonincome.7. IndiaandSaudiArabiahavedecidedtoenhancetheirbilateraltradeandeconomiccooperationovernext5years.8. IndiaandBhutanhavesignedanagreementondevelopmentofhydropowerprojects.9. IndiaandGermanycouldsignanagreementfor1billionforGreenfieldprojects10. IndiaandPakistansignedMoUonelectricitytrade:Indiahasexpresseditsintenttoexportelectricitytothetuneof500MW
toPakistanimmediatelyifinfrastructurefortransmissionofpowerismadeavailable.11. IndiaandMaldivesinkseveralpactsandhaveagreedto
jointlypatrolandconductsurveillancetostrengthenmaritimesecurityintheIndianOceanRegion.
12. IndiahassignedaRs4,000croredealwiththeUSforprocuringsixmoreC130JSuperHerculesSpecialOperationsaircraftfortheIndianAirForce.
13. ElectionCommissionsignsMoUwithYemen.IndiahasoffereditsexpertisetoYemeninelectionmanagementandelectoralrollpreparations.
14. IndiaandMacedoniahavesignedanewdoubletaxationavoidanceagreement(DTAA)thatprovidesforamongotherthingsexchangeofbankinginformationfortaxadministrationpurposes.Asperthenewagreement,dividend,interestandroyaltywillbetaxedinthesourcecountryandtherateoftaxationwillnotexceed10percent.
Scheme&PlanLaunchedbyUnion&StateGovernment:
1. MahatmaGandhiPravasiSurakshaYojana(MGPSY)waslaunchedintheUAE.AleadingIndianfinancialandhealthcareservice
playerhastiedupwiththeUAEExchangetoofferMahatmaGandhiPravasiSurakshaYojanaSchemeintheGulfcountry.AboutMahatmaGandhiPravasiSurakshaYojana(MGPSY)i.MahatmaGandhiPravasiSurakshaYojana(MGPSY)SchemeisapensionandlifeinsuranceschemeandisrecognisedbytheIndiangovernment.ii.MahatmaGandhiPravasiSurakshaYojana(MGPSY)isaspecialsocialsecurityschemeforoverseasIndianworkersontemporaryworkpermitin17EmigrationCheckRequired(ECR)countries.
2. Govt.launchMaulanaAzadSehatScheme'schemeforminoritystudents.Underthisscheme,studentsintheagegroupof514yearswillbeprovidedwithahealthcardwhichwillentitlethemtofreecheckupstwiceayearattheplacewheretheyarestudying.
3. NorthDelhiMunicipalCorporation(NDMC)launchedanewhealthschemeStriSwasthyaSurakshaYojnaforwomenon6March2014.
4. UttarPradeshgovernmentlaunchedSamajwadipensionschemeon28January2014.Theschemewillbenefitover40lakhfamilies.Undertheschemepensionfrom500rupeesto700rupeeswillbegiventobeneficiaries.
5. TamilNadulaunchesfreeCFLbulbscheme:UndertheschemestateGovtwillprovidefreecompactfluorescentlightbulbstoover14lakhhutdwellersintheState,anenergysavingmeasureaimedatsaving40MWofpower.
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6. Centrelauncheseinclusionprojecttospreadeliteracy.Theprojectisaninitiativetomakeatleastoneindividualineveryhouseholdeliterate,undertheproject,economicallyweakersectionsofthesocietyincludingruralSC,STandwomenwillreceiveITtraining.
7. ProjectUddan:Theproject,aninitiativeofthePrimeMinister,theNationalSkillsDevelopmentCorporationandtheMinistryofHomeAffairsandindustry,wasstartedwiththeaimofprovidingskillsto40,000youthoveraperiodoffiveyears.
8. TheCabinetCommitteeonEconomicAffairs(CCEA)approvedimplementationofvariousschemesrelatedtoagriculture,includingcontinuationofRashtriyaKrishiVikasYojana(RKVY),inthe12thPlanwithacombinedoutlayofoverRs80,000crore.Note:TheRKVYisaStateplanschemethatprovides'considerableflexibility'andautonomytostatesinplanningandexecutingprogrammesforincentivisinginvestmentinagricultureandalliedsectors.
9. RaniLaxmiBaiPensionScheme:'specialpension'toMuzaffarnagarriotvictimsbyU.P.Govt.Thepension,whichwouldbeanywherebetweenRs400andRs500,wouldbegivenunderthisscheme.
10. BhagatPuranSinghSehatBeemaYojna(BPSSBY)HealthcareschemeforBPLfamilieslaunchedinPunjab11. 'Roshini'Scheme:Centrelaunchedskilldevelopmentandjobplacementscheme'Roshini'forruralyouthandwomeninmaoist
affected24districtsin9states.12. RajivGandhiJeevandayeeArogyaYojana(healthinsurancescheme)waslaunchedinMaharashtra.13. TheVikramUdyogpuri(DelhiMumbaiIndustrialCorridor)projectlaunchedinMadhyaPradesh.14. GoldenGirl(BangaruTalli)Scheme:Auniquescheme,launchedinAndhraPradesh,toprotectgirlchildandensureher
education.15. AnnaBhagyaprogrammelaunchedinKarnataka.Theprogrammeentitlesdistributionof30kgriceatonerupeeperKgto
over98lakhBPLandAntyodayacardholdersinthestate.
Awards&Honours1. GoldmanPrizeforenvironmentalactivistRameshAgrawal.Hereceivedtheprizeforhelpingvillagersfightcoalminingin
Chhattisgarh.2. Caparo Group founded by leading NRI industrialist Lord Swraj Paul has won the International Business of the Year award 2014 3. GoldenPeacockAwards2014:TechnoparkTechnologyBusinessIncubator(TTBI)waschosenfortheSpecialCommendation
attheGolden Peacock National Training Awards 2014.4. BharatRatnaAward:SachinTendulkarandCNRaoconferredBharatRatnaAward2013.
Note:TendulkaristhefirstsportsmanandtheyoungestrecipientofthetheBharatRatnaii.ProfRaoisawellrecognizedinternationalauthorityonsolidstateandmaterialschemistryisthethirdscientisttoreceivedawardafterCVRamanandformerPresidentA.P.JAbdulKalam.iii.TheBharatRatnawasannouncedafteragapoffouryearswithHindustanimusicdoyenBhimsenJoshibeingthelastrecipientin2009.
5. DadasahebPhalkeAward2013:VeteranpoetandfilmlyricistGulzarhasbeenchosenforthecovetedDadasahebPhalkeAwardfor2013.Heisthe45thwinneroftheDadasahebPhalkeAward.
6. PulitzerPrize2014:IndiabornpoetVijaySeshadrihaswontheprestigious2014PulitzerPrizeinthepoetrycategoryforhiswork'3Sections'.
7. DonnaTarttwinsfictionPulitzerPrize2014fornovel'Goldfinch'8. MissIndia2014:KoyalRananewMissIndia.9. GandhiPeacePrizefor2013:EminentGandhianandenvironmentalistChandiPrasadBhatselectedfortheaward.
Note:ApioneeroftheChipkoMovementforwhichhewasalsoawardedtheMagsaysayAwardin1982,Mr.BhattwasgiventhePadmaBhushanbyUPAIin2005.
10. SaraswatiSamman2013:GovindMishraselectedforforhisbookDhoolPaudhoPar.11. PritzkerPrize2014:JapanesearchitectShigeruBanwonthePritzkerArchitecturePrize2014.Hewontheawardforhis
creativeandinexpensivedesignsfordisasterreliefshelters.12. AbelPrize2014:RussianmathematicianYakovGrigorevichSinaiwontheaward.13. Laxmi,anacidattackvictimgetsInternationalWomenofCourageAward(UShonour).14. VyasSamman2013:VishwanathTripathibeenselectedfortheprestigiousVyasSammanfortheyear2013.
Note:Tripathihasbeenchosenforthecovetedannualliteraryawardinstitutedin1991bytheKKBirlaFoundationforhismemoir'VyomkeshDarvesh',abiolgraphyofnotedHindischolarAcharyaHazariPrasadDwivedi.
15. GDBirlaAward2013:RajeshGopakumarwasselectedforthe23rdGDBirlaAwardforscientificresearchfortheyear2013.16. MSSubbulakshmiAward2014:MathangiSathyamurthy,Karnatakamusicianwasselectedfortheaward.
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17. Britain'shighestawards:RatanTata,formerchairmanoftheTataGrouphonouredbyQueenElizabethwithaGBE(KnightGrandCross),whichisoneofthehighestcivilianhonoursinBritain.
18. NarayanaMurthyawardedwithGlobalIndianAwardinCanada.19. LuisSuareznamedasProfessionalFootballers'AssociationPlayeroftheYear.20. JeevMilkhaSinghnominatedforAsianToursPlayeroftheDecade
award21. MSDhoniwonUnitedKingdoms2014Asianawardforoutstanding
achievementinSports.22. ShikharDhawannamedoneofWisden'sFiveCricketersoftheYear
award.23. SachinTendulkarwonCricketerofgenerationaward24. TomasHalik,theCzechpriestwontheTempletonPrizefor2014.25. IndiaandSingaporewonthe2014editionoftheUNWaterWaterfor
LifeBestPracticesAwardfortheirsustainablepracticesofwaterresources.
26. HindustanAeronauticsLtd(HAL)receivedtheMostEfficientNavratnaAwardfortheyear2013.
27. MegastarAmitabhBachchanwasconferredIndia'sGlobalIconoftheYearaward
28. IndianoriginGopalRaowonUKTwitterPrize.29. TurkishinvestigativejournalistAhmetSikwon2014UNESCO
GuillermoCanoWorldPressFreedomPrize.30. AnandKumar,thefounderofSuper30got2014Ramanujan
Mathematicsaward31. IndianWriterPankajMishrawonWindhamCampbellLiteraturePrize
201432. PresidentPaulKagameofRwanda,PresidentParkGeunhyeofSouth
KoreaandMexicanbillionnaireCarlosSlimwontheWorldTelecommunicationandInformationSociety(WTIS)Award2014.
33. PresidentPranabMukherjeegottheRotary'shighestawardforhisleadershipinthecountry'svictoryoverpolio.
34. ArogyaSwamiJosephPaulrajhasbeenawardedtheprestigious2014MarconiSocietyPrize.PaulrajistheonlyIndiabornscientisttoreceiveboththeMarconiPrizeandtheBellMedal,twotopglobalITtechnologyawards.
35. MadanBabu,anIndianbornscientist,wontheProteinScienceYoungInvestigatorAwardfor201436. AustralianpacerMitchellJohnsonwonthecovetedAllanBordermedal.37. AbhishiktaSShettyofKarnatakawonMissSouthIndiaPageantTitle38. CyrusMistrywinsDSCPrize2014forSouthAsianliteratureforhisbookChroniclesofaCorpseBearer.39. TaiwanesepoetYushiwasawardedtheThiruvalluvarawardbytheTamilNadugovernmentinChennai.Yushiisthefirstforeign
scholartoreceiveThiruvalluvaraward.40. GermanygoalkeeperNadineAngererhasbeennamedthebestwomen'sfootballplayerintheworldfor2013.41. FIFAnamedPortugueseattackerCristianoRonaldoworld'sbestsoccerplayerforthe2012/2013season.42. SunilGangopadhyayMemorialAwardof2012and2013:twoeminentBengalipoets,namelyNirendranathChakraborty
andSankhaGhosh,respectively.43. 12YearsaSlave'winsGoldenGlobeforbestdramaticfilm.12YearsaSlave,'directedbyBritishfilmmakerSteveMcQuee44. 'AmericanHustle'wontheGoldenGlobeawardforthebestcomedyormusicalfilm.'AmericanHustle,'directedbyDavidO
RussellandstarringChristianBale45. LeonardoDiCapriohaswontheGoldenGlobeforbestactorinacomedyormusicalfor'TheWolfofWallStreet.46. IrrfanKhanwonthebestactorawardforhisbrilliantperformanceinhisfilmTheLunchboxatthe10theditionofDubai
InternationalFilmFestival(DIFF).47. C.K.Nayuduaward:FormerIndiacaptainKapilDevreceivedtheCol.C.K.NayuduLifetimeAchievementAwardfor2013.48. TheUnionMinistryofPowerhasselectedthePoovarIslandResortfortheNationalEnergyConservationAward201349. SahityaAkademiAwards2013:JavedAkhtarhasbeenchosenfor"Lava",hiscompilationof55Urdupoems.
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50. EminenthistorianBipanChandra:wasawardedItihasRatnafromAsiaticSocietyBihar.BipanChandraisthefourthhistoriantobehonouredwiththeItihasRatnabythesociety.Note:i.TheRiseandGrowthofEconomicNationalism,isoneofhisknownandoneoftheearliestbook.ii.HehasbeenaChairpersonofthecentreforhistoricalstudiesatJawaharlalNehruUniversityinNewDelhi.
51. RajivGandhiInternationalAirportofHyderabadreceivedSwordofHonouraward.Note:i.RajivGandhiInternationalAirportLtdisoperatedbyGMRHyderabadInternationalAirportLtd(GHIAL)anditisfirstairportinIndiatoreceivethisaward.ii.TheSwordofHonourisconsideredtobeOscaroftheSafetyWorld
52. LingaiahNagarapu,PrincipalScientistattheCSIRIndianInstituteofChemicalTechnologyhasbeenhonouredwiththebestscientistawardofScienceTechFoundation(STF)
PadmaAwards2014:PadmaVibhushan1.DrRaghunathAMashelkar:ScienceandEngineering,Maharashtra2.BKSIyengar:Yoga,MaharashtraPadmaBhushanGulamMohammedSheikh,ArtPainting,GujaratBegumParveenSultana,ArtClassicalSinging,MaharashtraT.H.Vinayakram,ArtGhatamArtist,TamilNaduKamalHaasan,ArtCinema,TamilNaduJusticeDalveerBhandari,PublicAffairs,DelhiRuskinBond,LiteratureandEducation,UttarakhandPullelaGopichand,SportsBadminton,AndhraPradeshLeanderPaes,SportsTennis,MaharashtraProfLloydIRudolph,LiteratureandEducation,USAPadmaShriMohammadAliBaig,ArtTheatre,AndhraPradeshNayanaApteJoshi,Art,MaharashtraVidyaBalan,ArtCinema,MaharashtraAnjumChopra,SportsCricket,DelhiSunilDabas,SportsKabbadi,HaryanaLoveRajSinghDharmshaktu,SportsMountaineering,DelhiDipikaRebeccaPallikal,SportsSquash,TamilNaduHBonifacePrabhu,SportsWheelchairTennis,KarnatakaYuvrajSingh,SportsCricket,HaryanaMamtaSodhaSportsMountaineering,HaryanaOscarAward2014:BestFilm12YearsaSlaveDirectedbySteveMcQueenBestActorMatthewMcConaugheyfor:DallasBuyersClubBestActressCateBlanchettfor:BlueJasmineBestDirectorAlfonsoCuarnforGravityBestActorinaSupportingRoleJaredLetofor:DallasBuyersClubBestActressinaSupportingRoleLupitaNyong'ofor12YearsaSlaveBestForeignLanguageFilmTheGreatBeauty(Italy)Note:"Gravity"pulledin7Oscars,includingbestdirector,atthe86thAcademyAwardsonMarch2,2014.
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61stNationalFilmAwards:BestFilm:'ShipofTheseus'DirectorAnandGandhiBestActor:RajkumarRaofor'Shahid'andSurajVenjaramuduandVenajaramooduforMalayalammovie'Perariyathavar'BestActress:GeetanjaliThapaforLiarsDiceBestDirectorAward:PranjalDuafor'ChidiyaUd'(Hindi)BestPopularFilmprovidingWholesomeEntertainment:'BhaagMilkhaBhaag'BestFilmonSocialIssues:'TojiaDharmKauncha'BestNonFeatureFilm:'Rangbhoomi'BestSupportingActor:SaurabhShukla,'JollyLLB'Note:'CinemaKaCinema'gottheBestBookonCinema,whiletheBestFilmCriticawardwenttoAlkaSahaniaDirectorofFilm'Shahid'HansalMehtaDirectorofFilm'JollyLLB'SubhashKapoorDirectorofFilmLiarsDiceGeetuMohandasTheIIFA2014AwardsWinnersListBestActor(Male):FarhanAkhtarforBhaagMilkaBhaagBestActress(Female):DeepikaPadukoneforChennaiExpressLifetimeAchievementAward2014:ShatrughanSinhaBestEntertaineroftheYear:DeepikaPadukoneBestFilm:BhaagMilkaBhaagBestDirector:RakeyshOmMehraforBhaagMilkhaBhaag.BestDebutantAwardmap:DhanushforRaanjhanaaBestStoryAward:PrashoonJoshiforBhaagMilkhaBhaagBestLyricWriter:MithoonforTumHiHofromAashiqui2BestMalePlaybackSingerAward:ArijitSinghforTumHiHofromAashiqui2BestFemalePlaybackSingerAward:ShreyaGoshalforSunRahaHaiNaTufromAashiqui2JohnTravoltahonouredtheMostPopularAllTimeInternationalStarinIndiaatIIFAawards59thFilmfareAwards2014:1.BestActress:DeepikaPadukoneGoliyonKiRasleelaRamLeela2.BestActor:FarhanAkhtarBhaagMilkhaBhaag3.BestFilm:BhaagMilkhaBhaag4.BestDirector:RakeyshOmprakashMehraBhaagMilkhaBhaag5.BestLyrics:PrasoonJoshiZinda(BhaagMilkhaBhaag)6.BestDebut(Director):RiteshBatraTheLunchbox7.BestDebut(Male):DhanushRaanjhanaa8.BestDebut(Female):VaaniKapoorShuddhDesiRomance9.BestStory:SubhashKapoorJollyLLB10.BestActorinaSupportingRole:NawazuddinSiddiquiTheLunchbox11.BestActressinaSuportingRole:SupriyaPathakRamLeela12.LifetimeAchievementAward:Tanuja
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PersoninNews:
1. Dr.ManmohanSinghresigns.asPrimeMinisterofIndia.2. Nitish Kumar resigns as Bihar CM3. LakhdarBrahimi:UNEnvoyonSyriaresigned4. AlenkaBratusekSloveniasPrimeMinisterresigned.5. DilipShanghvinamedamongAsiasrichestselfmadebillionaires.6. ManojVaish,ManagingDirector&CEOofMultiCommodityExchangeofIndiaLtd(MCX),resigned.7. PElangointerimCEO&WholetimeDirector,quitfromCairnIndia.8. AamirKhanElectionCommissionsNationalIconforLokSabhaElections20149. ArjunKapoorNamedNationalAmbassadorforEarthHour201410. VivekGundotra,chiefofGooglessocialnetworkingventureGoogle+resigned.11. NancyPowellresignedastheUSAmbassadortoIndia12. PrimeMinisterofKazakhstanSerikAkhmetovhasresigned13. SouthKorea'sPrimeMinisterChungHongWongiveresignoverthesinkingofapassengerferrythatleftmorethan300people
deadormissing.14. JusticeKTThomasquitsasheadofLokpalsearchcommittee15. HazemElBeblawi:EgyptianPMresigns.16. ArchanaBhargava:ChairmanandManagingDirectoroftheUnitedBankofIndia,hasresigned.17. ZakaAshraf:PrimeMinisterNawazSharifsackedZakaAshrafastheChairmanofthePCB18. SubInspectorKPrasadBabuwashonouredposthumousAshokChakraforanantiNaxaloperation.19. JamilaBayaz,firstwomentobeappointedpolicechiefofKabulprovince.SheisthefirstwomaninAfghanistantobeappointed
aspolicechiefofanentiredistrict.20. EnricoLetta:ItalyPrimeMinisterresigned.21. ArvindKejriwal:resignfromthepostofChiefMinisterofDelhi.22. PopeFranciswasnamedasthePersonoftheYear2013byTimeMagazine.23. WiproChairmanAzimPremjiwontheEconomicTimesLifetimeAchievementAward2013forhisroleincreatingIndia'sthird
largestsoftwareexporter.24. AliLarayedh:PrimeMinisterofTunisiaresigned25. IndianoriginacademicianRakeshKhuranahasbeenappointeddeanoftheprestigiousHarvardCollege.HesucceedsEvelynn
Hammonds.26. ParveenAmanullah:BiharFirstWomanMuslimMinisterResigns27. TeestaSetalvad,accusedformisusingforeignfundsmeantforhelpingthevictimsofthe2002Gulbargsocietymassacre.28. MichaelFerreira:Billiardschampionwasaccusedin425crorerupeesscaminmultilevelmarketingfirmQNet.29. JusticeA.K.Ganguly:WestBengalHumanRightsCommissionchairmanJusticeA.K.Gangulyresignedfromthepostofhonorary
professoroftheNationalUniversityofJuridicalSciences30. VBalakrishnan:FormerInfosysCFOjoinsAAP31. HardeepSinghPuri:whoretiredasIndiasPermanentRepresentativetotheUnitedNations,todayjoinedBJP.32. ChandraKantBirlaChairmanofHindustanMotorsLimitedresignedfromtheboard.33. MichaelSchumacher,isinacomaandremainsina"critical"conditionafterstrikinghisheadinaskiaccident34. DevyaniKhobragade:Khobragade,India'sdeputyconsulgeneralinNewYork,wasaccusedbyManhattan'sIndianAmerican
USAttorneyPreetBhararaofvisafraudandexploitingherbabysitterandhousekeeper.35. ShashiTharoorPETA's'personoftheyear'byanimalrightscampaignerPETA(PeoplefortheEthicalTreatmentofAnimals)for
initiatingstepsforanimalprotection.36. ShomaChaudhury,managingeditorofTehelka,announcedherresignationfromtheTehelka,aninvestigativemagazine.37. TarunTejpal:Tehelkaeditorinchiefwasarrestedonchargesofsexuallyassaultingayoungcolleague.38. MathewMartoma:IndianoriginhedgefundportfoliomanagerMathewMartomaconvictedforhisroleinthe$275million
insidertradingscheme,themostlucrativeinU.S.history.
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Books&TheirAuthors1. BookMyYearswithRajivandSoniawrittenbyR.D.Pradhan2. BookModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.
SomeotherbooksofSameerKochhar:1.Growth&Finance2.SpeedingFinancialInclusion.3.PolicymakingforIndianPlanning4.BuildingfromtheBottom:InfrastructureandPovertyAlleviation
3. Book:CrusaderorConspirator?CoalgateandotherTruthsauthoredbyPCParakh4. Book:TheAccidentalPrimeMinister:TheMakingandUnmakingofManmohanSinghauthoredbyDr.SanjayaBaru5. Book:LalBahadurShastri:LessonsinLeadershipwrittenbyPavanChoudary.6. Book:RationalisedRomanforKashmiriwrittenbyDr.RLBhat7. Book:NarendraModi:APoliticalBiographywrittenbyAndyMarino.8. Book:PublicIssuesBeforeParliamentwrittenbyVijayDarda9. Book:ThePoliticalEconomyofEnergyandGrowthauthoredbySh.
NajeebJung10. Book:IndiaatRisk:authoredbyJaswantSingh.11. BookModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.12. Book:Water,PeaceandWarConfrontingtheGlobalWaterCrisiswrittenbyBrahmaChellaney.13. HardChoicesauthoredbyHillaryRodhamClinton14. Book:GreaterthanBradman:celebratingSachin,thegreatestbatsmaninTesthistoryauthoredby:RudolphLambert
Fernandez,aChennaibasedauthor.15. Book:UnbreakableAnAutobiographybyMaryKom16. TheLuminariesby:EleanorCatton.ShewontheManBookerPrize2013.17. WalkingWithGiants:authoredbyformerFinanceSecretaryG.Ramachandran.18. "IamMalal:authoredbyChristinaLamb.19. MomentousTimesonthe175yearsofTimesofIndia.ThebookisaneffortoftheTimesofIndiaGroup.20. "VictoryIndiaAKeytoQualityMilitaryLeadership"authoredbyColonelVinayBDalvi(Retd)21. TheDaVinciCode:DanBrown
SomebooksauthoredbyRBIGovernor:RaghuramRajan
AidandGrowth FaultLines India'sPatternofDevelopment TheRealEffectofBankingCrises ControlledCapitalAccountLiberalization SavingCapitalismfromtheCapitalists
LEADERSVISITEDINIDIA
1. OmansForeignMinisterYousufbinAlawibinAbdullahvisitedIndia.2. KingofBahrainHamadbinIsaAlKhalifavisitedIndiaonFebruary1820,2014.3. PresidentofZanzibar,Dr.AliMohamedSheinvisitedIndiafrom1to9February2014.Zanzibarisasemiautonomouspartof
Tanzania,inEastAfrica.4. GermanPresidentJoachimGuackvisitedIndiaon4thFeb20145. FrenchFirstLadyValerieTrierweilervisitedInidaon25thJan2014.6. KingofBhutan,JigmeKhesarNamgyelWangchuckandQueenJetsunPemaWangchuckvisitedIndia7. SouthKoreanPresidentParkGeunhyevisitedIndia.
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OBITUARY1. Russy Mody: Management guru Russy Mody who was known for his man management while he headed Tata Steel and was awarded
Padma Bushan died 2. Capt.C.P.KrishnanNair,FounderChairmanofTheLeelaPalaces,HotelsandResorts,passedaway3. NJanardhanReddy:FormerAndhraPradeshChiefMinisterdied.4. ElenaBaltacha:Extennisplayerdiesofcancer5. KhaledChowdhury:Notedtheatrepersonalitydied6. BobHoskins:Britishactordies7. TitoVilanova,FormerBarcelonacoachVilanovadies.8. PulitzerPrizewinningjournalistAnjaNiedringhausshotdeadinAfghanistan.9. KhushwantSingh:Famouswriterandjournalistpassedaway10. FormerPresidentofGuineaKumbaYaladied11. Nanda:VeteranBollywoodactresspassesaway.12. DKJain:LuxorGroupChairmanpassesaway13. GabrielGarciaMarquez,theNobellaureatewhoseintoxicatingnovelsandshortstoriesexposedmillionsoutsideLatinAmerica
passesaway.14. FormerSierraLeonePresident,AhmadTejanKabbahdied15. BritishsocialiststalwartTonyBenndies16. NotedeconomistandacademicianG.K.Chadhapassedaway17. PRamdas:Malayalamdirectorpassesaway18. K.SuryanarayanaRaja,formerinternationalbasketball
playerpassedaway.19. JoeMcGinniss,authorofFatalVisiondied20. WilliamClayFordpassesaway 21. JagatSinghMehta:FormerForeignSecretarydied22. J.S.Sarma:FormerTRAIChairmanpassesaway23. HanumathShastry,theeminentTelugulitterateurdied24. BangaruLaxman:FormerBJPpresidentdies.25. LegendaryGuitarist:PacodeLuciapassedaway26. ProkashKarmakar:Eminentpainterdied27. BaluMahendra:Veteranfilmmakerpassedaway.28. KarlSlym:MDofTataMotorsdiedafterfallingfromhotelbuildinginBangkok29. SudhirMahato:theformerDeputyChiefMinisterofJharkhanddied30. AkkineniNageswaraRao:PadmaVibhushanandDadaSahebPhalkeawardeepassedaway.ANRisfondlycalledtheTragedy
KingofTelugucinema.31. SuchitraSen:LegendaryBengaliactorpassedaway32. NamdeoDhasalRenownedMarathipoetandactivistpassedaway33. SyednaMohammedBurhanuddi:ThespiritualleaderoftheDawoodiBohracommunitypassedaway34. SilverineSwer,Meghalaya'sfirstPadmaShriAwardeedied35. AdhipChaudhuri,aninternationaleconomistwhotaughtatGeorgetownUniversity,diedinVienna,36. ArielSharon:FormerIsraeliPrimeMinisterDies37. IIaPathaksocialactivistdied38. VishwanathBondre:FormerMumbaiRanjiTrophycricketerdied39. FarooqSheikh:veteranHindiactordied40. MikhailKalashnikov:thedesigneroffabledAK47automaticrifle,diedinRussia.AK47'snamestandsfor"Kalashnikov's
Automatic"andtheyearitwasdesigned,1947.41. IshratAliSiddiqui:Freedomfighter,veteranJournalistandPadmShreeawardeedied42. AnjaliDevi:VeteranSouthIndianfilmactressdied43. MichiakiTakahashi:developedChickenpoxvaccinediedinJapan.44. PranChopra:Veteranjournalistdied45. G.S.Shivarudrappa:DistinguishedKannadapoet,writerandresearcherG.S.Shivarudrappa(87)passedaway.Thewriter,was
awardedwiththetitleofRashtrakavibytheGovernmentofKarnatakain2006.46. SisRamOladeadUnionLabourandEmploymentMinisterSisRamOladiedataGurgaonhospitalafteraprolongedillness.
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47. JoanFontaine:Oscarwinningactorhasdiedattheageof9648. BabulPhukan:FormerfootballerdiedinGuwahati49. NelsonMandela,theantiapartheidrevolutionaryofSouthAfricadied50. SandeepAcharya:IndianIdolwinnerpassesaway.51. RonnieBiggs:knownforhisroleinthe1963GreatTrainRobbery,died.52. NarayanSahu:FormerOdishaMLAandfreedomfighterpassesaway53. PhilipSeymour:OscarwinningactorHoffmandied.
SportsNews
AustralianOpen2014:1.MensSingle:Switzerland'sStanislasWawrinkaclaimedhisfirstGrandSlamtitlebydefeatingRafaelNadal2.WomensSingle:LiNa(China)defeatDominikaCibulkova.LiNabecomesfirstChinesewomantoclinchtitle.3.WomensDoubles:ErraniandRobertaVincibeatRussia'sEkaterinaMakarovaandElenaVesnina
MadridTitle2014:RafaelNadal defeat Kei Nishikori in the final to win the title. MonteCarloMastersTennis2014:StanislasWawrinkabeatRogerFederer.Miami(Sony)Open2014:1.MensSingle:NovakDjokovicdominatesRafaelNadaltowinfourthMiamititle.2.WomensSingle:SerenaWilliamsbeatLiNatowinseventhMiamiTitleNote:ManilawillhostthefirstlegofthenewlylaunchedInternationalPremierTennisLeague
ListofTop5CountriesMedalStandingsofSochi(Russia)2014WinterOlympics:
Rank Country Gold Silver Bronze Total1 RussianFed. 13 11 9 332 Norway 11 5 10 263 Canada 10 10 5 254 UnitedStates 9 7 12 285 Netherlands 8 7 9 24
Note:FifteenyearoldRussianskaterYuliaLipnitskayahasbecometheyoungestathleteintheworldtowinaGoldmedalattheWinterOlympics
ICCWorldCupCricketVenue:ODI:(OnedayInternational):1.Australia&NewZealand:2015CricketWorldCup.2.Englandwillhost2019CricketWorldCup.3.Indiawillhost2023WorldCupforthefourthtime.T20:1.Bangladeshhostthe:WorldT20Cup2014.(ForMen&women)2.Indiawillhostthe:WorldT20Cup2016.(ForMen&women)3.AustraliatohostWorldT20in2020.(ForMen&women)4.WestIndiestohostWomen'sWorldT20in2018andUnder19CricketWorldCupin2022.Note:ICCWomensWorldCup2013AustraliadefeatedWestIndiesatBrabourneStadiuminMumbai.The2013WorldTwenty20QualifierarescheduledtobeplayedinNovember2013intheUnitedArabEmirates.Test:1.EnglandtohostCricketWorldTestChampionsin2017(forfirsttime).2.IndiawillhostWorldTestChampionshipin2021.
Note:ICCU19WorldCup2014heldinUAE.SouthAfricawonthetitle.
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FIFA(Football)WorldCUPhosts:
1.2014:Brazil(Mascot:SmilingArmadillotobetheofficialMascotof2014FIFAWorldCupBrazil).2.2018:Russia3.2022:Qatar
FIFAranking:20141.Spain2.Germany3.Portugal4.BrazilIndiadroptwoplacesto147inFifaranking.OlympicsGameshostcities:
1.2014winter:Sochi(Russia)2.2016Summer:RiodeJaneiro(Brazil)3.2018winter:Pyeongchang(SouthKorea)4.2020summer:Tokyo(Japan)
AsianGameshostcities:1.2014:Incheon(SouthKorea)(Note:2010AsainGamesheldinGuangzhou,China).Note:Vietnam(Hanoi)decidednottohostthe2019AsianGamesforfinancialreasons,andwasexploringprocedurestowithdrawfromstagingtheregion'slargestsportingevent.
ICCRankingsForTests,ODIsandTwenty20
Test ODI Twenty20Australia Australia IndiaSouthAfrica India SriLankaEngland SriLanka PakistanPakistan England SouthAfricaIndia SouthAfrica Australia
1. MensT20WorldCup2014:SriLankadefeatIndiatowinthemaidentitle.2. WomensWorldT202014:AustraliadefeatEnglandinthefinaltowinthetitleforthethirdtimeinarow.3. AsiaCupTitle2014:SriLankadefeatPakistantowinthetitle.
Note:ItistheirfifthAsiaCupsuccess,equalingtherecordofIndia.4. ICCU19WorldCup2014:SouthAfricabeatsPakistantoliftthetitle.5. RanjiTrophy2014.KarnatakabeatMaharashtratoliftthetitle.Karnatakahavewonthetrophyforseventhtime.6. IraniTrophy2014:KarnatakawonbydefeatingRestofIndia.7. IndiaclaimU19AsiaCuptitlebydefeatingPakistaninfinal
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8. VijayHazareTrophy2014:KarnatakawonthetitlebydefeatingRailways9. Grant Flower named as Pakistan batting coach. 10. 68thSantoshTrophy:MizoramdefeatRailwaystowinthetitle.
Note:ThisisthemaidenSantoshTrophyforMizoramalsothiswasthefirstappearancefortheminthefinalmatch.11. PankajAdvaniwonCCIBiliardstitle.HedefeatedtwotimeworldrunnerupDhruvSitwala12. National Women's Football champions 2014: Manipur defeated Orissa in the final. 13. DeodharTrophy2014:WestZoneliftedthetrophyafterdefeatingNorthZoneinthefinal14. MalaysianGrandPrix2014:Britain'sLewisHamiltonwonthetitle.15. SyedMushtaqAliT20trophy:BarodabeatUttarPradeshtowinthetrophy.16. WorldSnookertitle2014:MarkSelbyofEnglandwonmaidentitle.17. ViratKohliisnumber1ODIbatsmaninlatestICCrankings18. SaeedAjmaltopbowlersinODIranking.HeisfollowedbyDaleSteynandSunilNarinwhileRavindraJadejaisatfourth.19. WaqarYounisappointedasnewPakistancoach.20. MartinKilzanwontheMunichATPtournamenttoclaimsecondtitleofhiscareer.Inthefinalmatch,hedefeatedFabioFognini21. ChitraMagimairajWinsWorldWomen'sSeniorsnookertitle22. TheIndoZimbabweantennispairofSaniaMirzaandCaraBlackhaswontheWTAPortugalOpenwomen'sdoublestitle.23. KamalChawlahassettledforabronzemedalintheAsian
SnookerChampionshipbeingheldintheUnitedArabEmirates.24. PunjabwonJuniorNationalHockeyTitle2014bydefeatingOdisha
inthefinal.25. NovakDjokovicwonIndianWellsfinalbydefeatingRogerFederer.26. India'sHeenaSidhuclinchedWorld'sNo.1spotin10mtsairpistol
event.27. GeorgeBaileyleadKingsXIPunjabintheseventheditionoftheIndianPremierLeague28. AustralianallrounderShaneWatsonwillcaptainRajasthanRoyalsintheIndianPremierLeague(IPL).29. SunilGavaskarappoints(HDFCchairman)DeepakParekhashisspecialadvisorfor7theditionofIPL30. USsprintstarTysonGayhasreceivedaoneyeardopingbanfromtheUSAntiDopingAssociation.31. TriplejumperRenjithMaheswary,whohasbeenstoppedfromreceivingArjunaAwardundercontroversialcircumstanceson
chargesofdopeviolationlastyear,hasagainbeenrecommendedbytheAthleticsFederationofIndia(AFI)forthecovetedhonourthisyear.
32. Darren Sammy retires from test cricket but remains T20 captain. 33. Ronnie OSullivannamedasSnookersPlayeroftheYear.34. LasithMalinga,newcaptainofSriLankaT20team35. NewZealand'sKiwiKathyCrossbecamethefirstwomantobeinductedinanICCumpires'panel36. DipikaPallikalrankedNo10inWomensSquashAssociation(WSA)rankings37. SainaNehwalwonSyedModiInternationalIndiaGrandPrixGoldbadmintoncrownbydefeatingPVSindhuinLucknow.38. BCCIrecommendsRavichandranAshwin(Offspinner)forArjunaAward.39. AnirbanLahiriwonIndonesianMastersgolftitle.40. GrandMasterAdhibanwonsilvermedalattheAsianContinentalChessChampionship41. DelhiWaveridersbeatJaypeePunjabWarriorstolifts2ndeditionofHockeyIndiaLeaguecup.42. RafaelNadalremainstopofthemensATPtennisrankings.43. SerenaWilliams(USA)remainstopoftheWTAtennisrankings44. ChennaitohostWorldBridgeChampionshipsnextyear.45. ShaikAbdulHameedofIndiawonthe2014ThailandTourtitleofAsianBowlingFederation(ABF).46. ChainSinghandHeenaSidhuclaimedgoldmedalsintheseventhAsianAirGunChampionshipinKuwait47. SwimmerSupriyaMondalhasqualifiedforthe2014YouthOlympicsbywinningagoldmedalinthe200mbutterflyeventat
theDubaiInternationalAquaticChampionshipsinHamdan.48. ManavjitSinghSandhu,theIndianveterantrapshooterjumpedtothethirdspotintheworldrankings.49. PoojaGhatkarclinchesgoldinwomensairrifleintheseventhAsianairgunchampionship50. FormerAustraliatestbatsmanMarcusNorthretires.51. Spain'sRealMadridretainedthetitleoftheworld'srichestsoccerclub52. NetherlandsbeatNewZealandtowinmaidenHeroHockeyWorldLeaguetitle53. JimmyWalkeroftheUSwontheSonyOpengolftournamentheldinHawaii54. VeteranIndianshuttlerArvindBhatliftsGermanOpentitle
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55. AdityaJoshiisworldNo.1juniorshuttler.56. SerenaWilliamsbeatVictoriaAzarenkatowinBrisbaneInternationalTitle.57. ATPOpenTennistournamentheldinChennai.58. JacquesKallisovertakesRahulDravidtobecome3rdhighestTestrungetter59. Dubaitennischampionship:RogerFedererdefeatdefeatingTomasBerdych.60. GraemeSmith,theSouthAfricancricketteamCaptainannouncedretirementfrominternationalcricket.61. SouthAfrica'slegendaryallrounderJacquesKallisannouncedretirementfromTestcricket.62. VeteranSriLankanbatsmanMahelaJayawardenehasbecomethesixthhighestrunscorerinthehistoryofTestcricket63. KumarSangakkara,thecricketerofSriLankannationalteambecamethesecondpersoninthehistoryofCrickettoscorea
triplecenturyandacenturyinthesametestmatch,hejoinedGrahamGooch,theformerskipperofEnglandteam.64. VeteranIndianplayerJoshnaChinappaliftedhermaidenWSAWorldTourtitlewiththeWinnipegWinterClubOpentrophy
afterbeatingEgypt'sHebaElTorky.65. VernonPhilanderofSouthAfricatoppedTestbowlerrankingofICC66. England'sspinnerGraemeSwannannouncedretirementfromInternationalCricket.67. ZaheerkhanbecamethefourthIndianbowlertoclaim300wicketsinTestcricket.JacquesKalliswashis300thwicketin
internationaltestcricket.BowlersofIndia,whohastaken300wicketsnamelyKapilDev(434wickets),AnilKumble(619wickets)andHarbhajanSingh(413wickets).
68. IndiadefeatPakistantoliftKabaddiWorldCup2013title.DefendingchampionIndiaretainedthetitlefourthconsecutiveterm69. IndiawinWomen'sKabaddiWorldCup2013forthethirdtimeinarow,defeatingdebutantNewZealand4921inthesummit
clashplayedatGuruGobindSinghsportscomplexinJalandhar(Pinjab).70. JuniorHockeyWorldCup2013:GermanybeatFrance,registerrecordsixthworldtitle.71. RisingTestbatsmanCheteshwarPujarahasbaggedthe'EmergingCricketeroftheYear'2013trophy.72. TheInternationalCricketCouncil(ICC)hassuspendedWestIndiesoffspinnerShaneShillingfordfrombowlingininternational
matchesbecauseofillegalaction.73. AndyMurraycrownedBBC'SportsPersonalityoftheyear'2013.74. EthiopianRunnerAtseduTsegaywonDelhiHalfMarathon2013.75. AustraliabeatEnglandtoseal50Ashestitle76. HockeyWorldLeagueFinalkickedoffinNewDelhi77. 75thSeniorNationalTableTennisCshipheldinPatna78. ThefirsthighaltitudecricketstadiuminSouthIndia,inauguratedatKrishnagiriinWynaddistrictofKerala.79. WorldandEuropeanchampionsSpaintopthefinalFIFAworldrankingsoftheyearforthesixthtimeinarow.80. MaheshMangaonkarbecamethefirstIndiansquashplayertowintheIMETOpenbydefeatingGregLobban,intheSlovakian
capitalofBratislava.81. JohnIsnerbeatLuYenhsunofTaiwantowinAucklandtitle
NewsRelatedToDefence&Technology
1. BolivialaunchedcountrysfirsttelecommunicationsSatelliteTupakKatariNote:CapitalofBolivia:Sucre,President:EvoMorales
2. IRNSS1A,IRNSS1BIndia'snavigationsatellite.3. PakistansuccessfullytestfiresHaftIII(Ghaznavi)ShortRangeSurfacetoSurfaceBallisticMissile.Range290km4. IndoNepaljointmilitaryexerciseExSuryaKiranDrillsVIheldatSaljhandiinRupandehidistrict.5. Thelargest130MWSolarPowerPlantofIndiaWelspunSolarMPProjectwaslaunchedatBhagwanpurinNeemuch,Madhya
Pradesh6. NTPCsignedaMemorandumofUnderstanding(MoU)withBiharStatePowerGenerationCompanyLimited(BSPGCL)and
LakhisaraiBijleeCompanyPrivateLimited(LBCPL)todevelopa1320MW(2X660MW)ThermalPowerProjectatKajrainLakhisaraidistrictofBihar.
7. NathpaJhakriHydroPowerStationawardedagoldshieldon4February2014foritsmeritoriousperformancein201314.NathpaHydropowerStationconsecutivelythirdtimereceivedtheaward.Note:TheNathpaJhakriDamisaconcretegravitydamontheSatlujRiverinHimachalPradesh.
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8. INSVikramadityaentersIndianNavy'sareaofoperation.INSVikramaditya(R33)isaProjectwhichenteredintoservicewiththeIndianNavyin2013.TheshiphasbeenrenamedinhonourofVikramaditya,alegendary1stcenturyBCemperorofUjjain,India.
9. FastPatrolVesselAbhinav,theIndianCoastGuardShipcommissionedinKochi10. GSLVD5launchplacesIndiaineliteleagueoftheU.S.,Russia,France,JapanandChinaTheGSLVisdesignedtoinjectits
passengerspacecraftintotheintendedGeosynchronousTransferOrbitwithacombinationofsolid,earthstorableliquidandcryogenicpropellantsinitsfirst,secondandthirdstages,respectively.
11. IndianmissiontoMarsblastsoffsuccessfully.TheMarsOrbiterMission,knownas"Mangalyaan".Note:i.OnlytheUnitedStates,RussiaandtheEuropeanSpaceAgencyhavebeensuccessfulinthismission.ii.TheUnitedStatesistheonlynationthathassuccessfullysentroboticexplorerstolandonMars,themostrecentbeingCuriositywhichtoucheddowninAugust2012.iii.IndianSpaceResearchOrganisation(ISRO)chairmanK.Radhakrishnan.iv.ThesatelliteisscheduledtoreachtheMarsorbitinSeptember2014andisdesignedtocircletheRedPlanetinanellipticalorbitof366kmX80000km.v.PrimaryobjectivesoftheMarsmissionaretodemonstrateIndiastechnologicalcapabilitytosendasatellitetoorbitaroundMarsandconductmeaningfulexperimentssuchaslookingforsignsoflife,takepicturesoftheredplanetandstudyMartianenvironment.
12. IRNSS1A,India'sfirsteverdedicatedNavigationsatellitelaunchedblastedofffromtheSatishDhawanSpaceCentreinSriharikota.
13. INSVikramadityasettojoinIndianNavy.INSVikramadityaisaKievclassaircraftcarrierwhichwascommissionedbyRussianNavyin1987underthenameBaku.
14. Missiles:1.Nuclearcapable'AgniV'testedforsecondtime.'AgniV'longrangeballisticmissile.strikerangeofmorethan5000kmNote:IntheAgni(SurfacetoSurfacemissile)series,IndiaatpresenthasAgni1with700kmrange,Agni2with2000kmrange,Agni3andAgni4with2500kmtomorethan3500range.AgniVmorethan5000kmPrithvi:1.PrithviI150km 2.PrithviII350km 3.PrithviIII350km600km
HeadquarterofInternationalOrganisation
UNO NewYork UNICEF NewYork UNESCO Paris UNIDO Vienna WHO Geneva UNFPA NewYork SAARC Kathmandu ILO Geneva WorldBank WashingtonD.C IMF WashingtonDC WTO Geneva
InternationalCourtOfJusticeTheHague InternationalAtomicEnergyAgencyVienna InternationalCommitteeoftheRedCrossGeneva InternationalMaritimeOrganisationLondon FoodandAgriculturalOrganisationRome WorldMeteorologicalOrganisationGeneva AmnestyInternational London TransparencyInternational Berlin WorldIntellectualPropertyOrganizationGeneva InternationalRenewableEnergyAgencyAbuDhabi
(UAE)
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CommonwealthofNationsLondon InternationalStandardsOrganisationGeneva
ImportantDaysofMarch/April&MayMarch March4WorldDayoftheFightAgainstSexualExploitation March8 InternationalWomensDay March13WorldKidneyDay March15WorldDisabledDay March15WorldConsumerRightsDay March21WorldForestryDay March21InternationalDayfortheEliminationofRacialDiscrimination March22WorldWaterDay March23 WorldMeteorologicalDay March24WorldTBDayApril 5thAprilNationalMaritimeDay 7thAprilWorldHealthDay 10thApril WorldHomoeopathyDay(BirthdayofSamuelHanimen) 14thAprilWorldAeronauticsandCosmologyDay 14thApril AmbedkarsBirthAnniversary
17thApril WorldHemophiliaDay 18thAprilWorldHeritageDay 21stApril IndianCivilServiceDay 22ndAprilEarthDay 23rdApril WorldBooksandCopyrightDay 24thApril PanchayatDivasMAY May1:InternationalLabourDay/MaharashtraDay May3:WorldPressFreedomDay/InternationalEnergy May8:WorldRedCrossDay/WorldThalessemiaDay May9: Victoryday May11: WorldTechnologyDay May12: InternationalNursesDay May13: NationalSolidarityDay May14: WorldMigratoryDay May17: WorldTelecommunicationDay/ May21: AntiTerrorismDay May24: CommonWealthDay May29: MountEverestDay May31: AntiTobaccoDay
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ABBREVIATIONINNEWS1. DICGC:Depositinsuranceandcreditguarantee
corporation.2. OLTAS:OnlineTaxAccountingSystemisusedforDirect
Taxes3. TIN:TaxInformationNetwork4. IMPS:InterbankMobilePaymentService5. BSBDABasicSavingsBankDepositAccount6. FCNR(B)ForeignCurrencyNonResidentBank7. TARCTaxAdministrationReformCommission8. ITEs:IntraGroupTransactionsandExposures9. LCR:LiquidityCoverageRatio10. NSFR:NetStableFundingRatio11. REER:RealEffectiveExchangeRate12. LRMT:Liquidityriskmonitoringtools13. CBS:CoreBankingSolution14. DEAF:DepositorEducationandAwarenessFund15.
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