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  • 7/30/2019 Current Affairs Advt

    1/14

    Issue: January - March, 2013

    MADE EASYCivil Services Examination | Engg. Services Exam. | Public Sector Exams | State Services Exams

    AffairsCurrent

    A Q U A R T E R L Y M A G A Z I N E F O R C O M P E T I T I V E E X A M S

    GujaralLeaves...Hisdoctrine remains

    ADouble EdgedSword

    9

    789381

    069110

    110

    Vettel:TheNewKingofF1

    bamaRe-elected Modi

    AllsetforaHat-trick? Kejriwal

    AAPaurHumSavitaLawK

    ills

    Multi-brandRetail

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    Chief EditorB. Singh (Ex. IES)

    Founder & Director

    MADE EASY Group

    Editor

    Aniruddh Pratap Singh

    Disclaimer: The views and opinions expressed in this magazine are those of the authors and do not necessarily reflect policy or position ofCURRENT AFFAIRS Magazine or MADE EASY Publications.

    They should be understood as the personal opinions of the author/ authors. The MADE EASY assumes no responsibility for views and opinions expressed nor does it vouch for any claims made in the

    advertisements published in the Magazine. While painstaking effort has been made to ensure the accuracy and authenticity of the informations published in the Magazine, neither Publisher, Editor or any of

    its employee does not accept any claim for compensation, if any data is wrong, abbreviated, cancelled, omitted or inserted incorrect.

    All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without either

    the prior written permission of the Publisher.

    MADE EASY Publications has taken due care in collecting the data before publishing this book. Inspite

    of this, if any inaccuracy or printing error occurs then Made Easy Publications owes no responsibility.

    Made Easy Publications will be grateful if you could point out any such error. Your suggestions will be

    appreciated. All rights reserved by MADE EASY PUBLI CATIONS. No part of this book may be reproduced

    or utilized in any form without the written permission from the publisher.

    Copyright 2013 @ MADE EASY

    MADE EASY Publications

    Corporate Office: 44-A/1, Kalu Sarai, New Delhi-110016

    XXXNBEFFBTZQVCMJDBUJPOTPSH t

    E-mail: [email protected]

    ISBN: 978-93-81069-11-0

    Issue : January-March 2013

    MADE EASY

    Issue: January - March, 2 013

    MADE EASYCivil Services Examination | Engg. Services Exam. | Public Sector Exams | State Services Exams

    AffairsCurrent

    A Q U A R T E R L Y M A G A Z I N E F O R C O M P E T I T I V E E X A M S

    Gujaral Leaves...His doctrine remains

    ADoubleEdged

    Sword

    9

    789381

    069110

    ISBN978-93-81069-11-0

    110

    Vettel:TheNewKingofF1

    ObamaRe-elected Mod

    iAllsetforaHat-trick? Kejriwa

    lAAPaurHumSavitaLawK

    ills

    Multi-brand Retail

  • 7/30/2019 Current Affairs Advt

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    Current Aairs Issue : January - March, 2013

    Regulars

    To our readers 3

    Letter from Editor 4

    Articles

    FDI in Multi-brand retail 6

    Better to die in battle with a God.... 14

    Change of Guard in China 15

    The corruption Perception Index 2012 17

    GAAR: Is India Ready? 18

    UN Climate Change Conference 21

    Kasab sent to Gallows 27

    Obama Re-elected 31

    Gujaral Leaves Gujaral Doctrine behind 34

    Palestine gets the country status 35

    Nobel Prizes 2012 37

    HIV estimation 2012 Report 44World Diabetes Day 2012 47

    Indian Space Odyssey 48

    Olympics 2012 53

    Aadhaar enabled Services Delivery 59

    Riging the Libor 61

    What is PAN? 63

    Vettel: The New King of F1 65

    The 16th NAM summit 67

    11th Conference of the Parties..... 70

    Topics

    National Aairs 74

    International Aairs 90

    Awards & Honours 101Books and Authors 110

    Persons & News 112

    Meetings & Summits 120

    Environment & Climate Change 124

    Defence in News 128

    Science & Technology 134

    Health 139

    Sports 142

    Economy in News 157

    The World Development Report 2013 163

    Questions

    Solved Paper : Astt. PF. Commissioner 2012 165

    Solved Questions : Combined Defence Services II 176

    Solved Questions : Combined Graduate Level SSC 188

    Practice Questions: Current Aairs 192

    Current Aairs

    C O N T E N T S

    Visit us at: www.madeeasypublications.org

    Disclaimer: The views and opinions expressed in this magazine are those of the authors and do not necessarily reflect policy or position ofCURRENT AFFAIRS Magazine or MADE EASYPublications. They should be understood as the personal opinions of the author/ authors.

    Issue-3 : January - March 2013

    Issue: January - March, 2013

    MADE EASY

    Civil Services Examination | Engg. Services Exam. | Public Sector Exams | State Services Exams

    AffairsCurrent

    A Q U A R T E R L Y M A G A Z I N E F O R C O M P E T I T I V E E X A M S

    Gujaral Leaves...Hisdoctrineremains

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    110

    Vettel:TheNewKingofF1

    Obama Re-elected Mo

    di All setfor aHat-trick? Kejriw

    alAAPaurHum Savit

    aLaw Kills

    Multi-brand Retail

  • 7/30/2019 Current Affairs Advt

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    Current Aairs Issue : January - March, 2013

    FDI in Multi Brand Retail

    A Double Edged Sword

    National Issue

    Its less about the sword and more

    about the swordsman who uses it

    FDI in Multi Brand Retail is the issue which has

    gripped the imagination of the entire nation. Govern-

    ments decision to allow 51% FDI in the Multi Brand

    Retail has given enough salvo to the people in op-

    position and to the people in power to fire it at each

    other in order to gain the political mileage. But the is-

    sue in itself is very important from the countrys eco-

    nomic perspective, as the retail sector is the second

    largest employer after the Agriculture sector. Indian

    Council for Research on International Economic Re-

    lations (ICRIER) study says that Indian retail sector is

    expected to contribute around 22 per cent of Indias

    GDP by 2012. According to the various estimates

    more than 4 crore retail-

    ers are having employ-

    ment from the sector.

    These 4 crore job hold-

    ers are the breadwin-

    ners of around 20 crore

    population. Agriculture

    is one of the sectors

    which is directly associ-

    ated with the retail sec-tor and Agriculture and

    allied activities contrib-

    utes around 14% in the

    Indias GDP. More than

    two third of countrys

    population is still de-

    pendent on agriculture

    and allied activities.

    Indian retail market is one of the fastest growing retail

    markets in the world and is valued at around US $

    450 billion. Indian Retail market is considered as one

    of the five biggest retail markets of the world. India is

    one of the most attractive destinations for the globalinvestors as India is having a rapidly growing middle

    class economy with the high levels of disposable

    income. More than 30 percent of Indian population

    is living in urban area and the rapid growth of

    urbanization contributes further positively. Around

    64 percent of Indias population is in the working age

    group, this makes India even more lucrative from

    the FDI in retail perspective. Apart from this Indias

    organised retail market is growing with the rate of

    around 39 percent per annum in compared to around6 percent of the unorganised retail.

    One of the important distinguishing feature of Indian

    Retail market is its structural aspect. Around 94

    percent of Indian retail market is in the unorganised

    sector, whereas in case of US, 85% of its retail

    market is in the organised form. This is why also

    Biggest Retailers of the World

    Rank Company Country of Origin

    1 Wal-Mart Stores, Inc. US

    2 Carrefour S.A. France

    3 Tesco PLC UK

    4 Metro AG Germany

    5 The Kroger Co. US

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    Current Aairs | MADE EASY

    Current Aairs

    7

    Issue: January - March, 2013

    Both the farmers and the Direct Producer ofthe Goods and the Ultimate Consumers will be

    benefitted as on the one hand it will do away

    with the requirement of the middlemen and

    on the other, it will increase the competition

    leading to the competitive prices being

    offered to the consumer.

    U L}>>``>V>>> >}

    with this it will also bring the Know How and

    the Technology which will not only help in

    increasing growth and employment but alsowill contributing in increasing the capability

    and proficiency enhancements.

    U Vi>ii`V>`i>`

    to the higher exports and thus will help in

    bridging the current account deficit.

    U i >}i `> >i i >i

    already working in the Multi brand retail sector,

    it will be no different situation after the foreign

    corporate houses enter India.

    U }iiiii>iVii

    gainful employment opportunities in agro-

    processing, sorting, marketing, logistics

    management and front-end retail. Front end

    and the Back end support services and

    auxiliary Industries and enterprises will get a

    boost as they will be providing the required

    services to those big retailers.

    U > >i i i> >` i

    country has seen positive growth. Even afterthe 100 FDI in the retail sector, there has been

    no adverse impact on the employment or on

    the survival of small retailers.

    U /ii>iivviViViV >`L>>Vi

    prevent arbitrary pricing and other practices

    by the foreign companies especially in order

    to check Anti competitive activities.

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    International experience shows that the big

    supermarkets causes loss of livelihood to the

    small retailers. Since small retailers work on

    small scale and do not get the benefits of the

    large scale economics and thus has less profit

    margins, they virtually would be wiped out as

    they would not be able to compete with the

    giant retailers. In India almost 4 crore people

    are working in the retail sector and more than

    95% of those are in the unorganized sector

    and operating the kirana shops.

    U ii >` `> iV >i

    structural differences. Chinese economy is

    predominantly a manufacturing economy

    and is one of the biggest supplier of the

    manufactured product all across the globe

    including US and the European countries and

    hence China have more benefits in allowing

    the big companies to enter in the retail trade.

    U iV>iiii>iv->Asian countries, which had imposed stringent

    zoning and licensing regulations to restrict

    growth of supermarkets. Those countries had

    witnessed increase in unemployment in retail

    sector after the FDI was permitted.

    U -Vi ii Li i` Li v i>

    giants in place of number of retailers, the

    competition will shrink, and the big retail giants

    may indulge in creating monopoly/oligopoly,

    and thus will be fixing the arbitrary prices and

    thus may fuel the inflation especially in case of

    the essential commodities like food products,

    and this it may jeopardize the interest of the

    ordinary consumer.

    Arguments in Favour of FDI in Retail Arguments Against of FDI in Retail

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    Current AairsIssue: January - March, 2013

    Just five days before the Fourth anniversary of the

    26-11-2008 Mumbai Attack, Pakistan national and

    LeT terrorist Mohammad Ajmal Amir Kasab, the lone

    survivor of the Pakistan-based militant squad that

    consisted of 10 terrorist which were responsible for

    a rampage through Mumbai that killed 166 people,

    was hanged till death amid great secrecy on 21st

    November 2012 at 7.30 am at the Yerwada central

    prison in Pune. Kasab signed his death warrant

    before being moved to the Pune jail on November

    19. Later kasab was buried inside the Yerwada

    jail at 9.30 am. Yerawada is one of the two jails in

    Maharashtra (the other being Nagpur Central Jail)

    where hanging facilities are available.

    With respect to the hanging of kasab, Union Minister

    of Home Affairs Sushil Kumar Shinde said: Ajmal

    Kasab was hanged at 7:30am. It took the Maharashtra

    government less than two weeks to hang Kasabafter President Pranab Mukherjee rejected his mercy

    petition on November 5. Two days later, Union

    Home Minister Sushil Kumar Shinde signed on the

    file. It was sent to the Maharashtra government on

    November 8 and November 21, today, was fixed

    as the date of execution. Union home secretary R

    K Singh said: Family members of Kasab informed

    about the hanging through a letter sent by courier.

    It is to be noted here that after nearly a four-year-

    long legal battle, the Supreme Court on August 29

    had confirmed the death penalty awarded to the

    Lashkar-e-Taiba operative by a trial court which was

    later upheld by the Bombay high court.

    Execution of Kasab may have brought an end to one

    chapter of the 26/11 and may give a temporary sigh

    of relief and a reason to rejoice, but the real justice

    is still elusive as the real perpetrators are still at

    large and roaming free in the neighbouring country.

    India should try and put international diplomatic and

    other type of pressures in order to bring the real

    culprits to the book. Along with this, in the wake of

    such terrorist attack there is a need to establish a

    separate dedicated mechanism and enactment of

    a separate law dealing with such heinous and anti

    national crimes.

    Kasab sent to Gallows

    Fighting Terror

    Noted Sand Artist

    Sudarshan Patnaik

    made this creation to

    tribute the victims of

    26/11 innocents.

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    Current AairsIssue: January - March, 2013

    The Democratic nominee and incumbent US

    President Barack Obama, and his running mate

    and incumbent Vice President Joe Biden, were

    elected to a second term of Four years in the 57th

    quadrennial United States presidential election

    held on November 6, 2012. Barack Obama

    defeated the main challengers, Republican

    nominee and former Massachusetts Gover-

    nor Mitt Romney and his running mate,Representative Paul Ryan of Wisconsin.

    Obama carried 26 states and the Washington

    DC while Romney won in the

    24 states. Obama won in all

    those states which he had

    won in the 2008 election

    except North Carolina,

    Indiana and Nebraskas

    2nd congressional district.

    Obama will assume the

    charge of the second

    tenure of 4 years on 20th

    January, 2013. Obama is the

    44th person to become

    the President of US.

    In the elections, Obama Sec-

    ured 332 Electors Votes in

    the total 538 electoral votes

    of the Electoral College from

    the 50 states and the District ofColumbia. The US President is

    indirectly elected to a four-year term

    by an Electoral College consisting of 538 electors.

    The 538 electors, includes 435 representatives and

    100 senators, plus the three electors from the District

    of Columbia. California (55), Texas (34), New York

    (29), Florida (29), Illinois (20) and Pennsylvania (20),

    are the states which are having the larger numbers

    of electors in the electoral college. Obama won in

    the Five out of those Six largest states, Romney

    could win only in Texas. Alaska, Delaware, Montana,

    North Dakota, South Dakota, Vermont, and Wyoming

    are the states which have three electors each, least

    among the states.

    Obama Re-elected

    US Elections

    Graphical representation of statewise Seats won by

    Democratic and Republican Parties

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    Current AairsIssue: January - March, 2013

    The principal deliberative Organ

    of UN, United Nations General

    Assembly (UNGA) voted by an

    overwhelming majority on the historic

    day of 29th November to grant the

    Non - Member Observer State

    status to Palestine. The resolution

    was passed by the 138 votes in favourof the resolution while 9 members

    (Canada, Czech Republic, Israel,

    Marshall Islands, Micronesia, Nauru,

    Panama, Palau, United States) voted

    against. 41 countries abstained from

    the voting and 5 countries were

    absent. Germany, South Korea, and

    UK were the prominent among the

    countries which abstained. UNGA

    consist of all (193) members of the

    UN and every member country have

    one vote each.

    While the resolution was being

    brought before the UNGA, Mahmoud

    Abbas, President of the Palestinian

    Authority said that this is the last

    chance to save the long elusive

    two-state solution. And he further

    said the objective is to Breathe New

    Life into Peace Process.

    This vote of 29th November is a step in the direction of Palestinian Statehood. Now Palestine would be able to

    join various UN agencies. Most importantly, it can now apply to sign the Rome Statute of International Criminal

    Court and thus can press the charges against Israel for committing crimes against the people of Gaza.

    Palestine will Join the Holy See ( Vatican City ) as the Non - Member Observer State to the United Nations.

    It can be recalled that earlier, in 2011, Palestine applied for the full membership of the UN, but the bid was

    cut short after UN Security Council did not approve the same. UN Membership decision is taken by the UN

    General Assembly on the recommendation of the UN Security Council and the Five Permanent Members of the

    Palestine Gets the Country Status

    International Issue

    Palestine (Westbank and Gaza)

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    Current AairsIssue: January - March, 2013

    Nobel Prize in Physics

    The 2012 Nobel Prize in Physics was awarded jointly

    to Serge Haroche (French National born in Moocco)

    and David J. Wineland (US) for ground-breaking

    experimental methods that enable measuring and

    manipulation of individual quantum systems.Haroche and Wineland have opened the door to a

    new era of experimentation with quantum physics by

    demonstrating the direct observation of individual

    quantum particles without destroying them. For

    single particles of light or matter the laws of classical

    physics cease to apply and quantum physics takes

    over. But single particles are not easily isolated from

    their surrounding environment

    and they lose their mysterious

    quantum properties as soon as

    they interact with the outside

    world. Thus many seemingly

    bizarre phenomena predicted

    by quantum physics could

    not be directly observed, and

    researchers could only carry out

    thought experiments that might in principle manifest

    these bizarre phenomena.

    Their ground-breaking methods have enabled this

    field of research to take the very first steps towards

    building a new type of super fast computer based on

    quantum physics. This research has also led to the

    construction of extremely precise clocks that could

    become the future basis for a new standard of time,

    with more than hundred-fold greater precision than

    present-day caesium clocks.

    Nobel Prize in Chemistry

    The 2012 Nobel Prize in Chemistry was awarded

    jointly to Robert J. Lefkowitz (US) and Brian K. Kobilka

    (US) for studies of G-protein-coupled receptors.

    Nobel Prizes 2012

    Awarding Achievements

    Sir Alfred Nobel

    Serge Haroche and David J. Wineland :Nobel Prize in Physics, 2012

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    Current AairsIssue: January - March, 2013

    XXX Summer Olym-

    pics 2012 took place

    in London, United

    Kingdom, from 27

    July to 12 August

    2012. London be-

    came the first city to

    host the Olympicsthree times, London

    earlier have hosted

    the games in 1908 and in 1948. London was select-

    ed as the host city on 6 July, 2005 during the 117th

    IOC Session in Singapore, defeating bids from Mos-

    cow, New York City, Madrid and Paris. The first event,

    the group stage in womens football, began two days

    earlier, on 25 July. More than 10,000 athletes from

    204 National Olympic Committees (NOCs) partici-

    pated in the London Olympics

    The opening ceremony of the 2012 Summer Olympics

    was called Isles of Wonder. It was directed by

    the Oscar winning director Danny Boyle. Inspire a

    Generation was the Motto of the London Olympics.

    Survival by Muse was announced as the official

    song of the Olympics 2012.

    The Games were officially opened by Queen Eliza-

    beth II, Queen of the United Kingdom accompa-

    nied by Prince Philip, Duke of Edinburgh. These

    were the second Games, personally declared

    opened by queen herself, the first being the 1976

    Summer Olympics in Montreal, Canada. Sarah

    Stevenson, a British Taekwondo athlete, adminis-

    tered the Athletes Oath in the Olympics.

    The London Organising Committee of the Olympic

    Games (LOCOG) was chaired by Lord Coe, the two

    time gold medalist in the 1500 m in 1980 Moscow

    Olympics and the 1984 Los Angeles Olympics.

    The 2012 Summer Olympic programme featured 26

    sports (2 Sports less than that of in Beijing Olympics)

    encompassing 39 disciplines. Womens boxing was

    included for the first time and thus the 2008 Olympics

    became the first Olympics in which every sport

    had female competitors. In tennis, mixed doubles

    returned to the Olympic programme for the first time

    since 1924. IOC voted to drop baseball and softballfrom the 2012 Games two days after it had selected

    London as the host city.

    Around 10,820 athletes from 204 National Olympic

    Committees (NOCs) took part in London Olympics.

    Saudi Arabia, Qatar and Brunei entered female

    athletes for the first time, so that every currently

    eligible country has sent a female competitor to at

    least one Olympic Games.

    During the Games, eight competitors in the badmintonwomens doubles were disqualified for not using

    best efforts, when they tried to lose matches in the

    group stage to obtain more favourable fixtures in the

    knockout rounds.

    Nadzeya Ostapchuk, a Belarusian shot putter was

    stripped of London 2012 gold medal as she failed in

    the Dope test she was tested positive for metenolone

    and the medal was awarded to New Zealand shot

    Olympics 2012

    Focus Sports

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    Current Aairs | MADE EASY54

    Current Aairs Issue : January - March, 2013

    putter Valerie Adams. Bronze medalist Uzbekistani

    wrestler Soslan Tigiev, was stripped of the medal

    after he was tested positive for the banned stimulant

    methylhexaneamine.

    Ocial Mascots

    Wenlock and Man-

    deville were the of-

    ficial mascots for the

    London Olympics

    and London Para-

    lympics. They were

    named after the town

    of Much Wenlock inShropshire - which

    hosted a precursor to

    the modern Olympic

    Games in the 19th

    Century - and the birthplace of the

    Paralympic Games, Stoke Mandeville

    hospital in Buckinghamshire. It is be-

    lieved that the Wenlock Games gave

    inspiration to French Pierre de Couber-

    tain for the start of modern Olympics in

    1896. The two characters are the Drops

    of steel with cameras for eyes.

    The Olympic Torch Relay

    The 2012 Summer Olympics torch relay

    was run from 19 May until 27 July, prior

    to the London 2012 Summer Olympics. It

    toured the United Kingdom, three crown

    dependencies of Jersey, Guernsey and

    the Isle of Man, and also the Republic ofIreland. The 2012 Olympic Torches were

    made of aluminium alloy skin, perforated

    by 8,000 circles to represent the 8,000

    torchbearers who would carry the flame.

    The triangular shape of torches represented:

    The three London 2012 Olympic values

    - respect, excellence and friendship,

    three Olympic Games hosted by the UK

    (1908, 1948 and 2012), the 2012 Olympics vision

    of sport, education and culture. It also represented

    the Three Motto of Olympic games - Citius, Altius,

    Fortius (means faster, higher, stronger). Fuel used

    for the torch ignition was combination of butane and

    propane.

    It is lit from the suns rays at the Temple of Hera in

    Olympia in Greece. The Flame is then delivered to

    the Host Country. The Olympic Flame stands for

    peace, unity and friendship. It ends its journey as the

    last Torchbearer lights the Cauldron at the Opening

    Ceremony in the Olympic Stadium, marking the

    official start of the Games. The Flame then stays lit

    until it is put out at the Closing Ceremony, signifyingthe end of the Games.

    Medals

    Olympic and Paralympic were designed by

    David Watkins for Olympics and Lin Cheung for

    Paralympics. The medals were produced by the

    Royal Mint at its headquarters in Llantrisant, South

    Wales. 2012 Olympic medals weigh 375-400g, are

    85mm in diameter and 7mm thick. The gold medal

    (with a minimum of 6g of gold) is made up of 92.5%

    silver and 1.34% gold, with the remainder copper.

    The silver medal is made up of 92.5% silver, with the

    remainder copper and the bronze medal is

    made up of 97.0% copper, 2.5% zinc

    and 0.5% tin. On the Obverse (Front

    Side) of the medal, features Nike, the

    Greek goddess of victory,

    stepping from the

    Panathinaiko Stadium

    that hosted the firstmodern Olympic

    Games in 1896, with

    Parthenon in the

    background; On the

    reverse (Back side),

    features the Games

    logo and the River

    Thames. Required amount of Gold, Silver, Copper

    and Tin has been supplied by London 2012 sponsor

    Wonlook & Man-deville :

    Ocial Mascots, Olympics, 2012

    Olympic MedealsOlympicTorch

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    Current AairsIssue: January - March, 2013

    begining of the Season 2012 was not to the liking of

    the vettel so was the begining of the last race of the

    2012 season. He was dropped last at the end of the

    lap one in the race following a collision, but he fought

    back from that situation in an incident-packed, rain-

    affected race, and finished sixth. His rival Fernando

    Alonso of Ferrari finished second, and that means

    Alonso needed Vettel to be lower than seventh to winthe title.

    Jenson Button (British) of McLaren won the Brazilian

    GP ahead of Fernando Alonso. Felipe Massa (Ferrari),

    Mark Webber (Red Bull) and Nico Hulkenberg (Force

    India) finished with the race at 2nd, 3rd, 4th and 5th

    positions respectively.

    Sebastian

    Vettel:

    Sebast ian

    Vettel was

    born on 3rd

    July 1987 in

    Heppenheim,

    West Germany.

    Sebastian Vettelis currently driving

    for the Austrian

    racing team Red

    Bull Racing. In his first

    year driving for Red Bull

    in 2009, Vettel finished the

    season as the youngest-ever

    World Drivers championship

    runner-up. In 2010, Vettel

    Vettel: The New King of F1

    F1 Race

    Sebastian Vettel Does the Hat Trick

    Red Bulls Sebastian Vettel of Germany won a third

    consecutive world drivers title by a margin of three

    points over the second placed Fernando Alonso

    (Spain). Now, Vettel has become the only third driver

    to win three F1 races in a row after Argentine Juan

    Manuel Fangio (won four in a row between 1954 and

    1957) and German Michael Schumacher (won five in

    a row between 2000 and 2004) who finished seventh

    for Mercedes in his final race at the Brazilian GP.

    Vettel also became the ninth driver ever to win three

    titles or more in the F1 history.

    This season was quite different than the last two

    seasons were for the youngest ever F1 triple

    Champion. In 2010 season, Vettel had a 15-point

    deficit on Ferraris Fernando Alonso at the final race,

    while in 2011 Vettel dominated the season in such a

    comfortable manner that he won the championship with

    four races to spare. F1 Championship was far

    from over till the last race and both Alonso

    and Vettel had opportunities to get a hand

    on the trophy. Alonso was leading ahead

    the vettel till the sixteenth race of the

    season. In sixteenth race, Vettel took

    the lead. He won Singapore Grand

    Prix, Japanese Grand Prix, Korean

    Grand Prix and Indian Grand Prix

    in a row to strengthen his position

    at the top. Vettel entered the final

    race of the season with a 13-

    point lead over

    Alonso.

    As the

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    Current Aairs Issue : January - March, 2013

    3PORTS

    Sourth Africa Win the Test Series against Australia

    South Africa retained the Number One ranking in the test cricket by defeating Australia in the 3rd and the

    decider test match at Perth, Australia. South Africa won the test series by 1-0 as the first two tests at Brisbane

    and Adelaide ended in a Draw. The South African cricket team toured Australia from 2 November to 4 December

    2012 to play a three test match series. Australian Captain Michael Clarke,, who was the top run scorer in the

    test series with 576 runs, adjudged as the Player of the Series. During the test series Michael Clarke also

    created a record, when he became the first man to score four double-centuries in a calendar year.

    South African fast bowler, Morne Morkel was the highest wicket taker in the series with a tally of 14 wickets.

    3rd test of played at Perth was also the last test played by former Australian captain Ricky Ponting, as he

    declared his retirement from the international cricket owing to his dismal performance in the last some series.

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    Solved

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    Solved

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    Practice

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    Q.1 It is said that, in order to control inflation, foreign

    inflow needs to be sterilized. Sterilization here

    refers to:(a) Ensuring that counterfeit currency does not

    enter circulation

    (b) Ensuring that black money is accounted for

    (c) Withdrawing equivalent local currency to

    Q.5 Which of the following are the main causes of the

    slow rate of growth of per capita income in India?

    1. High rate of capital formation.2. High level of fiscal deficits.

    3. High rate of growth of populations.

    (a) 1, 2 and 3 (b) 1 and 2 only

    (c) 1 and 3 only (d) 2 and 3 only

    Asst. P. F. Commissioner (UPSC)-2012

    Combined Defence Service (II)-2012

    Directions :

    The following seven (7) items consist of two statements,

    statement I and statement II. You are to examine these two

    statements carefully and select the answers to these items

    using the code given below:-

    Code :

    (a) Both the statements are individually true and

    Q.6 Statement I : Operation Parakram involved the

    mobilization of Indian troops along Indias border

    with Pakistan.

    Statement II : After the year 2001 Parliament

    attacks, India wanted to pressure Pakistan into

    acting against terror groups operating from areas

    under its control.

    Combined Graduate Level (SSC)-2012

    1 Who will head the Jury of the Awards Committees

    of Padma, Ratna and other highest honorary

    awards?

    (a) Home Minister

    (b) Prime Minister of India

    (c) President of India

    Q.6 Which one of the following market structures has a

    kinked demand curve?

    (a) Oligopoly

    (b) Monopolistic competition

    (c) Perfect competition

    (d) Monopoly

    Practice Questions : Current Afairs

    Q.1 Who among the following was recently appointed

    as Director-General of the Central Reserve Police

    Force (CRPF)?(a) Bikram Singh (b) Pranay Sahay

    Q.7 Who is recently appointed as the New Chief

    Justice of India (39th) after the retirement of S. H.

    Kapadia?(a) Altamas Kabir (b) J S Verma

    Solved

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