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GKCAPSULEFORSBICLERK2014EXAM

CurrentRBIPolicy&ReserveRates:

RepoRate 8%(Unchanged)

ReverseRepo

7%(Unchanged)

CRR 4%(Unchanged)SLR 22.5%(Changed)MSF 9%(Unchanged)BankRate 9%(Unchanged)

Note:Ason3June2014,RBI(ReserveBankofIndia)initsSecondbimonthlymonetarypolicystatementkeptthekeypolicyrate(repo)unchanged.SLRwascutby50basispointfrom23%to22.5%.

NewsrelatedtoRBI:

1. RBIpermitsNBFCstoworkasBusinessCorrespondentsofbanks:Withaviewtoachievefinancialinclusion,theReserveBankofIndiahasallowedNon‐BankingFinanceCompaniestooperateasBusinessCorrespondents(BCs)ofbanks,permittingthemtoofferlimitedservices.Bankswillbeallowedtoworkwithnon‐deposittakingNBFCsasBCs.Note:TheRBItookintoaccountrecommendationsofNachiketMorCommitteewhilereviewingtheexistingguidelinesontheappointmentofBCs.

2. RBItoconsideroverPaymentbankasrecommendedbyNachiketMorPaneli.TheReserveBankofIndiawillsooncomeupwithIndia’sfirstpaymentsbank,whichwillofferdepositandpaymentservicesbutnotprovideloans.ii.ThisideaisinlinewiththerecommendationsmadebytheNachiketMorcommittee.Thecentralbankseeshugepotentialforfinancialinclusionwithfocusonremittancesbyinvolvingpaymentsystemproduct.

3. ProvideinformationtoSITonblackmoney:RBIdirectsbanksandFIsi.TheRBIhasaskedallBanksandFinancialInstitutions(FIs)toprovideinformationanddocumentssoughtbytheSpecialInvestigationTeam(SIT)setuptouncoverblackmoney.ii.ThenewGovernmentatCentrerecentlyconstitutedanSITunderthechairmanshipofformerJusticeM.B.ShahinpursuanceofaJuly2011SupremeCourtjudgment.

4. RBIsimplifiesKYCnormsforopeningbankaccount:Customersneedtosubmitonlyonedocumentaryproofofaddress—eithercurrentorpermanent—whileopeningabankaccountorwhileundergoingperiodicupdation,theReserveBankofIndia.“Incasetheaddressmentionedasper‘proofofaddress’undergoesachange,freshproofofaddressmaybesubmittedtothebranchwithinsixmonths,”theRBIsaidinanotificationtobanks.Noproofisrequiredtobesubmittedforsuchaddressforcorrespondence/localaddress,”theRBIadded.However,thisaddressmaybeverifiedbythebankthrough‘positiveconfirmation’suchasacknowledgmentofreceiptofletter,chequebooks,ATMcards;telephonicconversation;andvisits.

ThisGKCapsulehasbeenpreparedbyCareerPowerInstituteDelhi(FormerlyKnownasBankPower).ThisdocumentconsistsofallimportantnewsandeventsoflastfewmonthswhichcancomeinSBIClerkExam.

 

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5. AustraliaandNewZealandBankingGroup(ANZ)hasreceivedin‐principleapprovalfromtheReserveBanktoopentwonewbranches.ThenewbrancheswillcomeupGurgaon,NCR,andouterBangalore.

6. RBIdirectiveonforeigncurrencyaccounts:TheReserveBankofIndiahasdirectedbanksto:convertcreditbalancesinanyinoperativeforeigncurrency(FC)denominateddepositintoIndianrupeeiftheformerremainsnotinuseforthreeyearsfromthedateofmaturityofdeposit.

7. RBIeasesgoldimportnorms;nodforselecttradinghousestoprocurefromabroad:Underthisscheme,animporterhastoensurethatatleast20percentofeverylotofimportedgoldisexclusivelymadeavailableforexportpurpose.

8. RBInodforbankloantenureupto10yearstoboostexportindustry.Inamajorboostfortheexportindustry,theRBIhasallowedbankstoprovideloanswithtenuresofupto10years.Theseloanswillhelpexportersinensuringcapitalflowstofulfilllong‐termcontracts.Existingnormsallowbankstogiveloansforuptooneyearonly.

9. TheReserveBankofIndiasaidbanksshouldmakeallnewATMsinstalledfromJuly1,2014as“talkingATMs”withBraillekeypads.

10. RaghuramRajan,theGovernoroftheReserveBankofIndia(RBI)announcedthatplasticcurrencynoteswillbelaunchedin2015afterfieldtrials.

11. RBIpanelheadedbyex‐ChairmanofAxisBank,P.J.Nayakrecommendfordilutinggovtstakeinpublicsectorbankstobelow50%.Thegovernmentshouldcutitsholdinginpublicsectorbankstounder50percent,aReserveBankofIndia(RBI)panelreportonTuesdaysaid,criticisingthewayinwhichthelendersarenowbeinggoverned.

12. ReserveBankofIndiagrantedbankinglicencestoinfrastructurefinancingfirmIDFCandmicrofinanceinstitutionBandhanfromamong25applicantsthatincludedcorporateheavyweightsADAGGroup,AdityaBirlaGroupandBajajGroup.Note:Thein‐principleapprovalgranted(tothetwoentities)willbevalidforaperiodof18monthsduringwhichtheapplicantshavetocomplywiththerequirementsundertheguidelinesandfulfiltheotherconditionsasmaybestipulatedbytheRBI.ChandraShekharGhosh:CMDofBandhanfinancialservicesDr.RajivB.Lall:ChairmanofIDFC–InfrastructureFinanceCompany.

13. ReserveBankofIndia(RBI)issuedtheguidelinestoallowtheminorsofageabove10yearstoindependentlyopenandoperatesavingsbankaccountsanduseotherfacilitieslikeATMandchequebooks.

14. RBIextendedthetimelineforfullimplementationofBaselIIInorms31March2019insteadof31March2018.15. RBIinconsultationwithUnionGovernmenton1April2014cappedtheWaysandMeansAdvances(WMA)limitsforthe

firsthalfofthenewfinancialyear2014‐15(April2014‐Sep2014)at35000crorerupees.Note:TheinterestrateonWMA/overdraftwillbebasedon:a)WMA:RepoRate.b)Overdraft:TwopercentabovetheRepoRate

16. RBIextendsdateofexchangingpre‐2005notestoJan1,2015Note:TheReserveBankhasfurtherclarifiedthatthepubliccancontinuetofreelyusethesenotesforanytransaction.RBIhassaidthatpeoplecanunhesitatinglyreceivethesenotesinpayment,asallsuchnotescontinuetoremainlegaltender.

17. ReserveBankofIndia(RBI)hikedthetraderelatedremittancelimitfrom2lakhrupeesto5lakhrupeespertransactionwithimmediateeffect.Italsoincreasedthenumberoftransactionhandledbyexchangehouses.

18. KCChakrabarty,DeputyGovernor,ReserveBankofIndia,hasquitthreemonthsaheadofcompletionofhisterm.19. RBIpegged2014‐15GDPgrowthatacentralestimateof5.5percent.20. Economicgrowthfor2014‐15expectedat5.5pc.21. CADexpectedtocomedownto2pcofGDPin2014‐15.22. Retailinflationexpectedtobeunder6pcin2014.23. RBIpanelheadedbyRBIDeputyGovernorAnandSinhahasrecommendedbringingabenchmarkfloatinginterestrate,

especiallyforhomeloans.PanelalsosuggestedIndianBanksBaseRate(IBBR).24. ThedeadlineforswitchingtonewformatbankchequesundertheChequeTruncationSystem(CTS)endedon30April

2014.

 

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25. RBIscraps26%caponinterestrateforMFIs:(RBI)removed26percentcapontheinterestratethatcanbechargedbyamicrofinancecompanytoitsborrowers.MFIisallowedtochargeinterestrateequalto2.75timestheaverageofthebaseratesofthetopfivecommercialbanks.

26. RBIpermits4non‐bankentitiestosetupwhitelabelATMs:TheReserveBankhasissued‘certificateofauthorisation’tofournon‐bankentities:(1)TataCommunicationsPaymentSolutions(2)MuthootFinance,(3)PrizmPaymentServicesand(4)VakrangeeLtd.,tosetupWhiteLabelATMs(WLAs)inthecountry.Note:MostoftheATMsbelongtobanks,butthecashdispensingmachineswhichareownedandoperatedbynon‐bankingcompaniesarecalledWhiteLabelATMs.

27. RBIpermitsSreitorolloutwhitelabelATMs:SreiInfrastructureFinanceisplanningtostartroll‐outofitswhilelabelATMs(WLAs)betweenJulyandSeptemberstartingwithapilotof200Tier‐IIItownsinUttarPradeshandBihar.

28. TheexpertcommitteeheadedbyUrjitR.Patel,DeputyGovernoroftheReserveBankofIndiaexaminethecurrentmonetarypolicyframeworkoftheReserveBankofIndia(RBI)hassuggestedthattheapexbankshouldadoptthenewCPI(consumerpriceindex)asthemeasureofthenominalanchorforpolicycommunication.Thenominalanchororthetargetforinflationshouldbesetat4percentwithabandof+/‐2percentaroundit.

29. Ex‐ChairmanofAxisBank,P.J.Nayakistheheadoftheexpertpaneltoreviewbankboards’governance.ThepanelwillreviewtheRBI'sregulatoryguidelinesonownershipofbanksandrepresentationintheirboards,amongotherthings.

30. TheReserveBankofIndiahasraisedtheForeignInstitutionalInvestors,FIIsinvestmentlimitinthePowerGridCorporationto30percentofitspaidupcapital,underthePortfolioInvestmentScheme.

31. TheReserveBankofIndia(RBI)hasdoubledthesub‐limitforforeigninvestmentingovernmentsecurities,toUSD10billionbylong‐terminvestors.RBI'smoveisaimedtoattractmoreforeignfunds.Investorslikesovereignwealthfunds(SWFs),multilateralagencies,insurancefunds,pensionfundsandforeigncentralbanksareconsideredaslongterminvestors.

32. RBIrelaxesgoldloannorms:TheReserveBankofIndiahasallowedNon‐BankingFinancialCompanies,NBFCstolendupto75percentofthevalueofgold.Itwas60percentearlier.

33. RBIpanel(headedbybankerNachiketMor)hassuggestedsettingupofspecialisedbankstocatertolowincomehouseholdstoensurethatallcitizenshavebankaccountsby2016.

34. TheRBI‐appointedcommitteeonfinancialinclusionhasrecommendedthatthecentralbankshouldsetupspecialisedbankscalledPaymentsBanktoprovidepaymentservicesanddepositproductstosmallbusinessesandlow‐incomehouseholds.Thecommittee,headedbyNachiketMor,saidthatsincethenewbankwillbedealingwithpoorcustomers,suchabankmustbeallowedtoacceptamaximumdepositofnotmorethanRs50,000.

35. TheReserveBankofIndia(RBI)hadsetupapanelunderexecutivedirectorDeepakMohantytoreviewthecurrentsystemofdatacollection,disseminationanddatamanagementprocessesinthecentralbankandimprovetheexistingmechanism.

HighlightsofUnionBudget2014:1. Fiscaldeficittargetfor2014‐15at4.1%ofGDPand3.6for2015‐16and3%for2016‐172. RevenueDeficitseenat2.9%forFY153. Aimtoachieve7‐8percenteconomicgrowthrateinnext3‐4years:FM4. Committedforgrowthofagricultureattherateof4percent.5. DefenceFDIcapraisedto49%from26%atpresent6. ExemptionlimitsonincometaxfromRs.2lakhtoRs.2.5lakh.7. Forseniorcitizens,theexemptiononincomehasbeenraisedtoRs.3lakhperannum.8. Tax‐freecaponhomeloaninterestfromRs.1.5toRs.2lakh.9. NochangeinIncometaxratesandslab.10. AnnualPPFceilingtobeenhancedtoRs1.5lakh,fromRs1lakh11. WomenSafety:

i.OutlayofRs.50croresforapilotschemeonroadsafetyii.Another150crorestobespentbyMHAonsafetyonwomeninlargercitiesiii.'BetiBachao,BetiPadhaoYojana'‐100crores

 

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12. Rs3600crsetasideforNationalRuralDrinkingWater:FM13. Ruralhousing:Rs8000crorefornationalhousingbankingprogramme14. MetrorailsinPPPmode;Rs.100crsetasideformetroschemeinAhmadabadandLucknow15. EachyeargovernmentwillbeaddingAIIMStoensurethereisanAIIMSineverystate:Jaitley16. Rs100crorestosetupvirtualclassrooms.17. Rs500croresforsettingup5moreIIMsandIITs18. FMProposestoenhancethescopeofincometaxsettlementcommission19. Rs7,060croreallocatedforbuildingnewcities20. Rs200crorescreditschemeforstart‐upsbythosefromscheduledcastesandtribes21. 15Braillepresstocomeup.22. CurrencynotewithBraille‐likesigns23. MinimumpensionofRs.1000permonthtoallPPschemes.24. Rs50,548crproposedforSCdevelopment25. BharatSwachYojnaproposedforhygieneandcleanliness.26. Rs.200croreforStatueofUnity,astatueofSardarPatelin

Gujarat.27. Rs.1000crforirrigationplannamedPradhanmantrikrishi

sichayinyojana.28. e‐visaforninecities.29. Rs.7060crforcreatingsmartcities.30. AssamandJharkhandtogetCentreofExcellenceonfarming31. Rs.100croresformodernizationofMadrasas32. JaitleyannouncesSkillIndia,aprogrammetotrainyouthforjobs33. Ruralhousing:Rs8000croresfornationalhousingbankingprogramme34. SeniorCitizensPensionPlanExtendedTillAugust201535. Rs.500croreforpricestabilizationfund.36. 100soiltestinglaboratoriesacrossthecountry.37. AgricultureUniversityinAPandRajasthan,andHorticultureUniversityinHaryana,Telangana;Rs.200crsetaside38. AnAIIMSwillbecreatedineverystate.39. AllsixnewAIIMSarefunctional.FourmoreAIIMSunderconsideration.12moremedicalcollegeswillbeadded.Rs.500

croreallocatedforthis.40. GovtallocatesRs500crforInternetconnectivityinvillages41. CrisisManagementCenterforwomenatDelhi42. StartupvillageatRs100croretopromoteentrepreneurshipamongruralyouth.43. Rs.14,389croresforPMSadakYojana44. Rs200croreallocatedtosetupsixtextilesclustersHighlightsofEconomicSurveyReport2013‐14TheEconomicSurveyfor2013‐14tabledinParliamentbyFinanceMinisterArunJaitley‐preparedbysenioreconomicadvisorIlaPatnaik‐onthestateofAsia'sthird‐largesteconomyadaybeforeModi'snewgovernmentpresentsitsfirstbudget.Followingarehighlightsofthereport: Growth:GDPgrowthseenat5.4‐5.9percentin2014/15 ii.Economicgrowthof7‐8percentnotseenbefore2016/17 FiscalHealth:Fiscaldeficitfor2013‐14containedat4.5%oftheGDP CurrentAccountDeficit:2014/15currentaccountdeficitmaybecontainedtoaround$45billionorto2.1percentof

GDP Taxation:DirectTaxesCode(DTC)requiredtoreplaceexistingincometaxlaws;willreducecompliancecostsandboost

taxcollection Agriculture:i.Indiaranksfirstintheworldinproductivityofgrapes,banana,cassava,peas,andpapaya

ii.Agriculturesectorgrowthrate4.7%intheyear2013‐14iii.Agricultureexportsgrowby5.1%intheyear2013‐14iv.Exportsofmarineproductsshowagrowthrateof45%intheyear2013‐14

Services:i.Indiaranked12thintermsofservicesGDPamongtheworld’stop15countries.ii.IndiahasthesecondfastestgrowingservicessectorwithitsCAGRat9.0percent,justbelowChina.

 

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iiiThegrowthrateofthecombinedcategoryoftrade,hotels,restaurants,transport,storage,andcommunicationsdeceleratedto3.0percentiv.Financing,insurance,realestate,andbusinessservicesgrewrobustlyat12.9percentv.Servicesconstitutea57percentshareinGDPatfactorcostin2013‐14

HighlightsofRailwayBudget2014‐15:KeyPoints: BullettrainonMumbai‐AhmadabadSector Diamondquadrilateralforhighspeedtrains. Plantohikespeedoftrainsto160‐200km/hrin9sectors. Onlinebookingtosupport7,200tickets/minute;toallow1.2lakhusersloginsimultaneously. WomenRPFConstablestoescortladiescoaches;4,000womenconstablestobeinducted. Batteryoperatedcarsfordifferently‐abledandseniorcitizensatmajorstations. FoodcanbeorderedthroughSMS,phone;Foodcourtsatmajorstations. Cleanlinessbudgetupby40percentoverlastyear. Settingupofcorpusfundforstations'upkeep;ROdrinkingwateratstationsandtrains. Automaticdoorclosinginmainlineandsub‐urbancoaches. Wi‐FiinA‐1,Acategorystationsandinselecttrains. Lossperpassengerperkilometreupfrom10p(in2000‐01)to23p(2012‐13). Solarenergytobetappedatmajorstations. HighesteverplanoutlayofRs65,455crorefor2014‐15. Expenditurein2014‐15peggedatRs149,176crore.

FDILimits…ListofLimitsinVariousSectors(In%)

1. Defence Raisedto49%from26%

2. Pension 493. Insurance 494. PrintMedia 265. CivilAviation 496. PublicSec.Banks 207. PrivateSec.Banks 748. MultiBrand 519. SingleBrand 10010. Tourism 100

IndiaGDPForecast: RBIpegged2014‐15GDPgrowthatacentralestimateof5.5% WorldBanklowersIndia’sGDPgrowthforecastfor2014‐15at5.5%fromtheearlierforecastof5.7percent. ADBpegsIndiaGDPgrowthratefor2014‐15at5.5% IMFprojectedGDPgrowthforIndiain2014‐15at‐5.4%

 

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IndiarankingindifferentIndexesfor2013‐14:1. GlobalEnvironmentPerformanceIndex2014–1552. Intellectualproperty(IP)environment2014–25(USrankedonthetopfollowedbyUKandFrance)3. WorldPressFreedomIndex2014‐140inthelistof180countries4. World'sbestcountriesfordoingbusiness2014–1345. GlobalPeaceIndex2014–1436. GlobalHungerIndex2013‐637. WorldProsperityIndex2013–106.8. HumanDevelopmentReport2013–1369. GlobalCorruptionIndex2013–9410. GlobalCompetitivenessIndex2013‐60for2013(Switzerlandtopinthisreport)

ImportantPoints:1.AboutIFSC(IndianFinancialSystemCode):IndianFinancialSystemCodeisanalpha‐numericcodethatuniquelyidentifiesabank‐branchparticipatingintheNEFTsystem.ii.Thisisan11digitcodewiththefirst4alphacharactersrepresentingthebank,The5thcharacteris0(zero).andthelast6charactersrepresentingthebankbranch.iii.IFSCisusedbytheNEFTsystemtoidentifytheoriginating/destinationbanks/branchesandalsotoroutethemessagesappropriatelytotheconcernedbanks/branches.Forex:SBIN0015986:i.First4characterSBIN–referstoStateBankofIndia.ii.0isacontrolnumber.iii.lastsixcharacters(015986)representstheSBIbranchJailRoad,HariNagarNewDelhi.2.AboutMICR:MICRstandsforMagneticInkCharacterRecognition.MICRCodeisa9numericdigitcodewhichuniquelyidentifiesabankbranchparticipatingintheECSCreditscheme.MICRcodeconsistsof9digitse.g400229128i.First3digitsrepresentthecity(400)ii.Next3digitsrepresentthebank(229)iii.Last3digitsrepresentthebranch(128)TheMICRCodeallottedtoabankbranchisprintedontheMICRbandofchequeleavesissuedbybankbranches.3.AboutChequeTruncation:i.Truncationistheprocessofstoppingtheflowofthephysicalchequeissuedbyadraweratsomepointwiththepresentingbanken‐routetothedraweebankbranch.ii.Initsplaceanelectronicimageofthechequeistransmittedtothedraweebranchbytheclearinghouse,alongwithrelevantinformationlikedataontheMICRband,dateofpresentation,presentingbank,etc.iii.ChequeTruncationspeedsuptheprocessofcollectionofchequesresultinginbetterservicetocustomers,reducesthescopeforclearing‐relatedfraudsorlossofinstrumentsintransit,lowersthecostofcollectionofcheques,andremovesreconciliation‐relatedandlogistics‐relatedproblems,thusbenefittingthesystemasawhole.4.Bancassurance:Thesaleofinsuranceandothersimilarproductsthroughabank.Thiscanhelptheconsumerinsomesituations;forexample,whenabankrequireslifeinsuranceforthosereceivingamortgageloantheconsumercouldpurchasetheinsurancedirectlyfromthebank.

 

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5.AboutBankingOmbudsmanScheme2006: TheBankingOmbudsmanSchemeenablesanexpeditiousand

inexpensiveforumtobankcustomersforresolutionofcomplaintsrelatingtocertainservicesrenderedbybanks.

TheBankingOmbudsmanisaseniorofficialappointedbytheReserveBankofIndiatoredresscustomercomplaintsagainstdeficiencyincertainbankingservices.

AllScheduledCommercialBanks,RegionalRuralBanksandScheduledPrimaryCo‐operativeBanksarecoveredundertheScheme.

OtherImportantPoints: Thecomplainantcanbefiledbyone’sauthorizedrepresentative

(otherthananadvocate). TheBankingOmbudsmandoesnotchargeanyfeeforfiling

andresolvingcustomers’complaints. Theamount,ifany,tobepaidbythebanktothecomplainantby

wayofcompensationforanylosssufferedbythecomplainantislimitedtotheamountarisingdirectlyoutoftheactoromissionofthebankorRs10lakhs,whicheverislower.

TheBankingOmbudsmanmayawardcompensationnotexceedingRs1lakhtothecomplainantonlyinthecaseofcomplaintsrelatingtocreditcardoperationsformentalagonyandharassment.

Ifacomplaintisnotsettledbyanagreementwithinaperiodofonemonth,theBankingOmbudsmanproceedsfurthertopassanaward.Beforepassinganaward,theBankingOmbudsmanprovidesreasonableopportunitytothecomplainantandthebank,topresenttheircase.

IfoneisnotsatisfiedwiththedecisionpassedbytheBankingOmbudsman,onecanapproachtheappellateauthorityagainsttheBankingOmbudsmen’sdecision.AppellateAuthorityisvestedwithaDeputyGovernoroftheRBI.

Ifoneisaggrievedbythedecision,onemay,within30daysofthedateofreceiptoftheaward,appealagainsttheawardbeforetheappellateauthority.

Theappellateauthoritymay,ifhe/sheissatisfiedthattheapplicanthadsufficientcausefornotmakinganapplicationforappealwithintime,alsoallowafurtherperiodnotexceeding30days.

6.About(BASICSAVINGBANKDEPOSITACCOUNT):UndertheguidelinesissuedonAugust10,2012byRBI:Anyindividual,includingpoororthosefromweakersectionofthesociety,canopenzerobalanceaccountinanybank.BSBDAguidelinesareapplicableto"allscheduledcommercialbanksinIndia,includingforeignbankshavingbranchesinIndia".Alltheaccountsopenedearlieras'no‐frills'accountshouldberenamedasBSBDA.Banksarerequiredtoconverttheexisting'no‐frills'accounts’into'BasicSavingsBankDepositAccounts'.The'BasicSavingsBankDepositAccount'shouldbeconsideredasanormalbankingserviceavailabletoallcustomers,throughbranches.Theaimofintroducing'BasicSavingsBankDepositAccount'isverymuchpartoftheeffortsofRBIforfurtheringFinancialInclusionobjectives.

MainPointsoftheBSBDA:i.Anindividualiseligibletohaveonlyone'BasicSavingsBankDepositAccount'inonebank.ii.Holdersof'BasicSavingsBankDepositAccount'willnotbeeligibleforopeninganyothersavingsaccountinthatbank.Ifacustomerhasanyotherexistingsavingsaccountinthatbank,he/shewillberequiredtocloseitwithin30daysfromthedateofopeninga'BasicSavingsBankDepositAccount'.

 

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Note:WhileopeningtheBSBDAcustomers’consentinwritingbeobtainedthathisexistingnon‐BSBDASavingsBanksaccountswillbeclosedafter30daysofopeningBSBDAandbanksarefreetoclosesuchaccountsafter30days.iii.OnecanhaveTerm/FixedDeposit,RecurringDepositetc.,accountsinthebankwhereoneholds'BasicSavingsBankDepositAccount'.iv.BanksareadvisednottoimposerestrictionslikeageandincomecriteriaoftheindividualforopeningBSBDA.v.ThereisnorequirementforanyinitialdepositforopeningaBSBDA.vi.BanksshouldoffertheATMDebitCardsfreeofchargeandnoAnnualfeeshouldbeleviedonsuchCards.vii.InBSBDA,banksarerequiredtoprovidefreeofchargeminimumfourwithdrawals,throughATMsandothermodeincludingRTGS/NEFT/Clearing/Branchcashwithdrawal/transfer/internetdebits/standinginstructions/EMIetcvii.TheUniformrateofinterestratessetbyindividualbanksareapplicableonthedomesticsavingsdepositwillbedeterminedonthebasisofend‐of‐daybalanceintheaccount.viii.ThenormalsavingbankaccountcanbeconvertedintoBSBDAattherequestofcustomer.BSBDA‐SmallAccountswouldbesubjecttothefollowingconditions:i.Totalcreditsinsuchaccountsshouldnotexceed1lakhrupeesinayear.ii.Maximumbalanceintheaccountshouldnotexceed50,000Rsatanytimeiii.Thetotalofdebitsbywayofcashwithdrawalsandtransferswillnotexceed10,000rupeesinamonthiv.ForeignremittancescannotbecreditedtoSmallAccountswithoutcompletingnormalKYCformalitiesv.Smallaccountsarevalidforaperiodof12months initiallywhichmaybeextendedbyanother12monthsif thepersonprovidesproofofhavingappliedforanOfficiallyValidDocument.vi.SmallAccountscanonlybeopenedatCBSlinkedbranchesofbanksoratsuchbrancheswhereitispossibletomanuallymonitorthefulfillmentsoftheconditions.

NewsRelatedtoBanking&Finance1. ApanelheadedbyformerEconomicAdvisortoPrimeMinister,CRangarajansetspovertylineatRupees32perdayin

ruralareasandRupees47inUrbanareas.HealsosaidthatthenumberofpoorinIndiawasmuchhigherin2011‐12at29.5percentofthepopulation,whichmeansthatthreeoutof10personsarepoor.TheRangarajanCommitteewassetuplastyeartoreviewtheTendulkarCommitteemethodologyforestimatingpovertyandcleartheambiguityoverthenumberofpoorinthecountry.

2. ICICIBankleavesbehindHDFCBankasbiggestprivatebankemployer:ICICIBankhasovertakenitscompetitorHDFCintermsofemployeenumberwithadditionofover10,000jobsinthelastfiscal.Withthis,ICICIhasemergedasthebiggestemployerintheprivatebankingspacewithmorethan72,000employees.

3. PerformanceratingsofBanks’customerservicestobemadepublicfrom2015:From2015,performanceratingsofBanksoncustomerserviceswillbeputinpublicdomainbyBankingCodesStandardsBoardofIndia(BCSBI).BCSBIisratingbanksoncustomerserviceson5parameters:i.Informationdissemination ii.Transparency iii.Customer‐centricityiv.Grievanceredressalsystem v.Customerfeedback.

4. NationalBankofAgricultureandRuralDevelopment(Nabard)andtheSmallFarmers’AgribusinessConsortium(SFAC)havesignedamemorandumofunderstanding(MoU)tojointlyimplementschemesforthepromotionoffarmproducerorganisations(FPOs).

5. TheWorldBankGroup(WBG)hasgrantedGNRC,whichwasformerlyknownasGuwahatiNeurologicalResearchCentreagrantof$150,000.

6. BankofMaharashtrawasconferred“BestBank–PublicSector”awardinBFSIAwards‐2014byWorldHRDCongressinrecognitionofitsperformanceinBankingcategory,thebanksaidinastatement.

7. MayaramCommittee’sdefinitionsofFDI,FIIacceptedbytheGovernmentofIndia.TheGovernmentofIndiahasacceptedthereportofMayaramCommitteetherebyacceptingthedefinitionsofFIIandFDI.SomekeypointsfromMayaramCommitteeReport:i.Foreigninvestmentof10%ormoreinalistedcompanywillnowbetreatedasFDI.

 

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ii.Aninvestormaybeallowedtoinvestbelow10%andthiscanbetreatedasFDIsubjecttotheconditionthattheFDIstakeisraisedto10%orbeyondwithinoneyearfromthedateofthefirstpurchase.iii.Ifthestakeisnotraisedto10%orabove,thentheinvestmentcanbetreatedasportfolioinvestment.iv.ForeignPortfolioInvestorsincludeForeignInstitutionalInvestors(FIIs)andQualifiedForeignInvestors(QFIs).v.Foreigninvestmentinanunlistedcompany,irrespectiveofthethresholdlimit,maybetreatedasFDI.

8. StateBankofIndiahaspartneredwithpaymentsserviceprovider,EzetapMobileSolutions,todeploymobilepoint‐of‐sale(mPOS)solution.TheSBI‐Ezetapplatformwouldallowthebanktoprovidevalue‐addedservicesformerchantsandconsumersfromasingle,securePOSdeviceandapplication.

9. SEBIhasissuednewnormsforpublicissuanceofdebtsecuritiesunderwhichsuchoffershavetobeofminimumRs100crore,whileissuerswouldneedtomakeadditionaldisclosuresandattainatleast75percentsubscription.

10. SubhalakshmiPanse,formerCMDofAllahabadBank,hasjoinedtheboardofFederalBankasanIndependentDirector.11. WorldBanklowerforecastGrowthRatefordevelopingcountriesto4.8%from5.3%.12. ICICIBankhaslaunchedco‐brandedcardwithDMRC.Itcanbeyourcredit/debitcard,andoffersthebenefitof10percent

discountthattheDMRCsmartcardoffers.13. Export‐ImportBankofIndia(EximBank)enteredintoamemorandumofunderstanding(MOU)withtheIndianCouncil

ofCulturalRelations(ICCR)forestablishmentofaChairforfinancialmanagementinLagosBusinessSchool,Nigeria.14. NationalBankforAgricultureandRuralDevelopment(Nabard)hasreducedtheinterestrateonitslong‐termrefinance

facilitytobanksby20basispointstopromoteinvestmentsinagriculture.Thenewrateswillbe9.5percent(9.7percentearlier)for5yearsandaboveand9.7percent(9.9percentearlier)for3‐5years.

15. FinanceMinisterArunJaitleyhasbeenappointedontheBoardofGovernorsofPhilippines‐basedAsianDevelopmentBank(ADB).

16. EximBankhasextendedUSD46millionlineofcredittoMauritiusforfinancinggoodsanddefencerelatedvehiclespurchases.

17. WorldBankhassignedanagreementwiththegovernmenttoprovidealoanassistanceofUSD1,006.20millionforSarvaShikshaAbhiyanIII,whichisthelargestongoing"EducationforAll"programmeintheworld.

18. FICCIandIDBIsignedanMoUforeasyaccesstoorganisedfinancefacilityatcompetitiveinterestratesformicro,smallandmediumenterprise(MSME).

19. Indiarecentlylauncheditsownpaymentgateway'RuPay',equivalentofVisaandMastercard,whichwillworkonATMsandmerchantoutletsandhelpinreducingcashtransactions.Note:i.RuPay,whichworksonthreechannels‐‐ATMs,PointofSales(POS)andonlinesales,istheseventhsuchpaymentgatewayintheworld.ii.TheRuPayplatform‐‐developedbyNationalPaymentsCorporationofIndia(NPCI)‐‐isbeingusedbycertainbankslikeICICI,StateBankofIndia,PunjabNationalBank,amongothers,forclearingandsettlement.

20. Indiabecamethird‐largesteconomyin2011from10thin2005:WorldBank.21. Note:Indiaemergedastheworld’sthird‐largesteconomyin2011frombeingthe10thlargestin2005,movingaheadof

Japan,whiletheUSremainedthelargesteconomycloselyfollowedbyChina,latestfigureshaverevealed.22. GovtacceptsSahoopanelreportonreviewofdepositoryreceiptsscheme.Thekeyrecommendationsofthecommittee

includeallowingissuanceofdepositoryreceiptsagainstanyunderlyingsecurities—equityordebt,byanyissuer‐listedorunlisted.Note:Depositoryreceiptsarereceiptsdenominatedinforeigncurrencycreatedbyadepositoryinthecountryoflisting.Therearetwopopulartypesofdepositoryreceipts—globaldepositoryreceiptsandAmericandepositoryreceipts.

23. INGVysyaLifeInsuranceCompanyLtdhasbecomeExideLifeInsuranceCompany.TheinsurancecompanywillcontinuetohonouritscommitmentsandobligationsundertheinsurancepoliciesissuedtocustomersinthenameofINGVysyaInsuranceCompanyLtd.

24. SwitzerlandandNorwayaretheworld'smostexpensiveeconomies,followedbyBermuda,AustraliaandDenmark,accordingtoanewrankingbytheWorldBank

25. BaselCommitteeissuedFinalstandardstocurbexposuresofbankstocustomers.TheBaselCommitteeonBankingSupervisionon15April2014issuedFinalstandardsformeasuringandcontrollinglargeexposuresofbankstocustomers.Thesestandardswilltakeeffectfrom1January2019

26. BankofIndia(BOI)hasbecomethefirstIndianbanktoextendabridgeloanof$200milliontoAirIndiatofinancethepurchaseoftwoBoeing787Dreamlineraircraft.

 

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27. IndialeadsglobalremittanceswithUSD70bnin2013.India'sneighbourChinafollowssecondwithUSD60billion,saidtheWorldBankreport

28. WorldTradeOrganisation(WTO)projectedthattheworldtradewillgrowby4.7percentin2014.29. TheWorldBankgiveloanPakistan12billiondollarsoverthenextfiveyearstohelpliftitseconomy,30. QatarbasedDohaBankannouncedit’sFirstbranchinMumbai.ThebranchinMumbaiwillbeopenedasafull‐fledged

bankinMay2014.Note:BankofBahrain&Kuwait,AbuDhabiBankarethetwootherbanksfromArabcountriestohaveoperationsinIndiabeforeDohabank.

31. BankofIndia(BOI)launchedInstantMoneyTransfer(IMT)schemeinMumbai.Note:IMTschemeallowscustomerstowithdrawcashwithoutusingeitherdebtcardorcreditcardatBoI'sIMT‐enabledATMs.Thisisthefirst‐of‐its‐kindinitiativelaunchedbyapublicsectorbank.

32. Export‐ImportBankofIndiaextendedaLineofCreditof$89.90milliontotheGovernmentofRepublicofCongo,fordevelopmentoftransportationsystemintheRepublicofCongo.

33. CentralBankofIndiahassolditsentirestakeincreditinformationproviderCIBILtoTransunionInternationalInc.CentralBankhada5percentstakeinCIBILwhileTransunionisthemajorityshareholderinCIBILat27.5percent.

34. CanaraBanknamescricketerShikharDhawanasitsbrandambassador.35. HousingDevelopmentFinanceCorporation(HDFC)BanksetWorldrecordforBloodcollectioninasingleday.Theblood

donationcamporganisedbyHDFCBankon6December2013wasrecordedintheGuinnessBookofRecords.36. TheWorldBankhassaiditwouldprovideupto$3billioninaidforUkrainein2014tohelpthecountrydelivermuch‐

neededeconomicreforms.37. Biharemergesasfastestgrowingstate(15.05percent)in2012‐13:CSOReport.

Note:AccordingtotheCSOdata,Gujaratranked6thwithgrowthrateat7.96percent,behindBiharandMadhyaPradeshwith9.89percent,Goa8.47percent,Kerala8.24percentandOdisha8.09percent.Theall‐Indiagrowthratein2012‐13was4.47percent.

38. TheBankofBahrainandKuwait,BBK,planstoexpanditsoperationsinIndiabyopeningitsfourthbranchinthecountryinNewDelhi.

39. InterestrateonPostOfficeFDsincreasedbyupto0.2percentfrom8.2percentto8.4percent.40. India’s1stpostofficesavingsbankATMinauguratedinThyagarayaNagar,Chennai.41. SEBIapprovedthenewCorporateGovernancenorms.Thenewcorporategovernancenormswouldbecomeapplicable

foralllistedcompanieswitheffectfrom1October2014.42. RetirementfundbodyEPFOdecidedtoincreasetherateofinterestonProvidentFunddepositsto8.75percentfrom8.5

percent.43. TheNationalBankforAgricultureandRuralDevelopmenthassanctionedRs348.63croretoKarnatakaunderRural

InfrastructureDevelopmentFund(RIDF).44. AsianDevelopmentBank(ADB)hasprovided$400millionfirsttranchelineofcredittoIndiaInfrastructureFinance

CompanyLtd(IIFCL)tohelpaccelerateinfrastructuregrowththroughincreasedprivatesectorinvestment.45. AsianDevelopmentBankwillprovideUSD275millionloanforimprovingruralroadconnectivityinfivestatesincluding

Assam,Chhattisgarh,MadhyaPradesh,OdishaandWestBengalinthecountry.46. BharatiyaMahilaBank(BMB)andSBICardshavejoinedhandsforroll‐outofcreditcardstocustomersofIndia’sfirst

women‐focusedcommercialbank47. BharatiyaMahilaBank(BMB),thefirstall‐womenbank,tiedwithNewIndiaAssurancetolaunchhealthinsurance

productsforwomenaccountholdersofthebank.48. TheBankofJapan(BOJ)andRBIconcludedanagreementthatexpandsthemaximumamountofthebilateralswap

arrangement(BSA)betweenthetwocountriestoUSD50billion.Note:BOJGovernorisHaruhikoKurodaandRBIGovernorRaghuramRajan

49. NationalBankforAgricultureandRuralDevelopment(NABARD)hasreducedrefinancerateforbanksandotherlendingagenciesby0.20percenttopromoteruralcreditandruralinfrastructure.Note:Therevisedrateofinterestonrefinanceforaperiodoffiveyearsforcommercial,statecooperative,regionalruralandprimaryurbancooperativebankswillbe9.70percent,downfrom9.90percent.

 

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50. SEBIgrantsnewstatustothreeclearingcorporationstoNationalSecuritiesClearingCorporation,IndianClearingCorporationandMCX‐SXClearingCorporation.

51. WorldBankwillprovide$250millionloantoconstructdisasterresilienthousesandroadsindisaster‐hitUttarakhand.

52. WorldBankwillprovide$500millionloanforwatersupplyandsanitationprojectsintheruralareasofAssam,Bihar,JharkhandandUttarPradesh.

53. WorldBankwillprovide50milliondollarassistancetoAfghanistantosupportthegovernment'seffortstoimproveaccesstocreditformicro,smallandmediumenterprises.

ImportantCommitteesinNews:

1. NachiketMorCommittee:topermitsNBFCstoworkasBusinessCorrespondentsofbanks.

2. DeepakMohantyCommittee:onDataandInformationManagementintheReserveBankofIndia

3. K.K.MehrotraCommittee:toinquiregasleakageinBhilaiSteelPlant.

4. PJNayak:toreviewGovernanceofBoardsofBanksinIndia.ThecommitteewasconstitutedunderthechairmanshipofP.J.Nayak.HeisaformerChairmanandCEOofAxisBank.

5. MPBezbaruah:tosuggestsuitableremedialmeasurestoaddressconcernsregardingsecurityofpeoplefromNorthEast.

6. B.Sambamurthy:panelfavourssinglemobilebankingapponallSIMs.Panelrecommendedthatcustomersshouldnotberequiredtovisitthebankbranchformobilenumberregistration.

7. VijayKelkarCommitteewasappointedbythePetroleumandNaturalGasMinistrytopreparearoadmaptomakeIndiaself‐sufficientinoilandnaturalgasby2030.

8. VishnuSahaycommittee:lookprobeintotheMuzaffarnagarcommunalviolence.9. UrjitPatelCommittee‐toexaminethecurrentmonetarypolicyframework10. MukulMudgalmemberpaneltoprobeIPLspot‐fixing11. NachiketMor‐committeeoncomprehensivefinancialservicesforsmallbusinessesandlow‐incomehouseholds.12. JusticeA.P.Shahcommittee:toheadpanelonroadsafety13. AnilKaushalcommittee:toexaminetherecommendationsmadebytheTRAIonpricingofSpectrum.14. BimalJalanpanel:toscrutinizeapplicationsfornewbanklicenses.15. ParthasarathiShome.–forTaxAdministrationReformCommission(TARC),Suggestasystemtoenforcebettertax

compliance16. KiritParikhpanel:onfuelpricinghassuggestedthatthedieselpricesshouldbeincreasedbyRs1‐1.50alitreeverymonth

asagainstthe45‐50paisemonthlyhikefollowedcurrently.17. KU.B.Rao:theideaofsettingupBullionBankorBullionCorporationofIndia18. ArvindMayaramPanel:reportontheallegedirregularitiesattheNationalSpotExchangeLtd(NSEL)19. ArvindMayaramCommittee–forgivingcleardefinitionstoForeignDirectInvestment(FDI)andForeignInstitutional

Investment(FII)20. SumaVermaCommittee‐toupdate,andrevisetheBankingOmbudsmanScheme,2006 21. DamodranCommittee:onimprovementofcustomerservicesinbanks22. ShriM.NarasimhamCommittee:onBankingSectorReforms23. ShriRaghuramRajanCommittee:onFinancialSectorReforms,24. ShriB.MahapatraCommittee:toreviewtheexistingprudentialguidelinesonrestructuringofadvancesbybanks/financial

institutions

 

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25. ShriAdityaPuriCommittee:DisseminationofCreditInformation26. ShriK.U.B.RaoCommittee:recommendedaligninggoldimportregulations27. KMChandrasekharcommittee:forrationalizationofforeigninvestmentnorms28. ShriPulakKumarSinhaCommittee:tostudythefeasibilityofAadhaarasanadditionalfactorforauthenticationofcard

presenttransactions29. MukulMudgalCommittee:lookingintoUSgiantWalmart'slobbyingactivitiestoenterIndia30. MBNRaoCommittee:topreparetheblueprintofIndia’sfirstwomen’sbank

ImportantNews(India&World):1. IntermsofGDP,India'seconomyis10thbiggest:WorldBank‐Aftergrowingatanaverageannualrateofjustover6

percentfrom1980to2010,India’seconomyisnowthe10thbiggestintheworldintermsofgrossdomesticproduct,accordingtotheWorldBank.

2. FIFAsuspendedNigeriafromallinternationalfootballcompetitionswithimmediateeffect.NigeriawassuspendedonaccountofgovernmentinterferenceinrunningNigeriaFootballFederation(NFF).

3. TyphoonNeogurislammedintoJapan’ssouthernmainisland.4. TheAsianDevelopmentBank(ADB)hasapproveda180million

dollarsloantohelpNepalovercomeitscripplingpowershortagesandexportsurpluspowertoneighboringIndia.5. By2030,Indiatobecome3rdlargesteconomy:PwC‐AsperthelatestestimatesbyPricewaterhouseCoopers(PwC),

Indiawillbecomethethirdlargesteconomyintheworldby2030.AccordingtotheLondon‐basedaccountancygiant,therapidriseoftheIndianeconomywithitsyoungworkforcewouldthrustitupfrombeingthe10thlargesteconomyin2013tothe3rdlargestby2030,pushingtheUKbackinto6thplace.

6. IndiannursesreturnhomethroughSpecialAirIndiaflight‐Aboutamonthlongordealof46nurses,whowereheldcaptivebyISISmilitantsinIraq,endedastheyreturnedhomebyaspecialAirIndiaflight.ThesufferingforthesenurseswhowereworkingatahospitalinSaddamHussein’shometownofTikrit,beganwhenISIS(IslamicStateforIraqandSyria)militantslaunchedanoffensiveinthatregiononJune9,2014.

7. PMModiopensKatra‐Udhampurraillink‐PrimeMinisterNarendraModiinauguratedthe25km‐longKatra‐UdhampurrailwaylineinJammu.TheraillinkwillconnectthebasecamptownofKatradirectlywiththerestofthecountryandfacilitatemillionsofdevoteeswhovisittheVaishnoDevishrineeveryyear.

8. BorWildlifeSanctuary:India’s47thTigerReserve:AsperthenotificationofEnvironmentMinistry,Maharashtra’sBorWildlifeSanctuarywillbecomethecountry’s47thTigerReservewithanaimtobolstertheconservationeffortsofthenationalanimal.

9. PresidentPranabMukherjeejoinedthesocialnetworkingplatformTwitterwithhisaccount@RashtrapatiBhvn.HehasbecomethefirstservingpresidentofIndiatojoinTwitter.

10. FranceannouncedtoprovideonebillionEuros(8200crorerupees)lineofcreditoverathreeyearsperiodtoIndia.TheannouncementwasmadebyFrenchForeignMinisterLaurentFabiuswhoisonavisittoIndia.

11. FirstAidPostinauguratedatShastriBhawan.HealthandFamilyWelfareMinisterDr.HarshVardhanalongwithHumanResourcesDevelopmentMinisterSmritiIraniinauguratedaFirstAidPostatShastriBhawanintheNationalCapital.

12. IndiabecamethefirstcountrytoratifytheMarrakeshTreatytofacilitateaccesstopublishedworksforpersonswhoareblindandvisuallyimpaired.

13. UnionGovernmentgrantedNavratnastatustoEngineersIndiaLtd(EIL)andNationalBuildingsConstructionCorporation(NBCC).

14. Poland’sWroclawcitywillbetheWorldBookCapital(WBC)for2016.Note:Nigeria’sPortHarcourtistheWBCfor2014whileSouthKorea’sIncheoncitynamedfor2015.

15. AncientPyuCitiesbecamethefirstsitefromMyanmarinscribedontheUNESCO’sWorldHeritageSiteList.TheAncientPyuCitiesincludethreecitiesHalin,BeikthanoandSriKsetra.

16. SwissMoney:Indiahasmovedupto58thrankintermsofforeignmoneylyingwithSwissbanks.

 

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Note:TheUKhasretaineditstoppositionwithhighestshareofcloseto20percentofglobalwealthinSwissbankingsystem,followedbytheUS,WestIndies,GermanyandGuernseyinthetop‐fiveintermsofexposuretobanksinSwitzerland.

17. Indiaranked143rdinGlobalPeaceIndexoutof162countries.Note:Icelandtopsthelistastheworld'smostpeacefulplaceandSyriaisthemostviolentplaceintheworld.

18. India’sfirstOneStopCrisisCentre(OSCC)namedGauravilaunchedinBhopal,MadhyaPradesh.19. MilitantscapturedIraq'slargestoilrefineryBaijirefinery.TheBaijirefineryislocatedinSalaheddinprovince,northof

BaghdadinIraq.20. GlobalskincaregiantNiveaannouncedtosetupitsfirstevermanufacturingplantinIndiaatSanandnearAhemdabad.21. AirIndiahasformallybecomepartoftheglobalairlines’grouping,StarAlliance22. Britain'spremiumluxurygoodsbrandEastIndiaCompanyhasissuedanexclusivelegaltendergoldcoinworth12,000

poundsterlinginhonourofIndiancricketlegendSachinTendulkar.23. IndiahasbecomeapermanentSignatorytoWashingtonAccordwhichwillenableglobalrecognitionofIndiandegreesin

engineeringandtechnicaleducation.Withthis,Indiahasjoinedaselectgroupof17countriesthatarepermanentsignatoriestotheAccord.Note:Itisaninternationalagreementamongstprominentnationswiththecharterofpromotingmobilityandqualityassuranceofengineersacrossinternationalboundaries.

24. Kochihaswonthisyear’s‘bestcityaward’fromnewschannelCNBCAwaaz.25. IndiaannouncedanewliberalvisapolicyfornationalsofAfghanistsanonhumanitariangrounds.26. TheUnitedStatesnamedamountaininAntarcticaasMt.SinhatohonouraneminentIndian‐Americanscientist,Akhouri

Sinha.27. Orkut!GoogletoshutdownwebsiteonSept30:Orkut,Google’sfirstsocialnetworkingsite,willceasetoexistafter

SeptemberwiththeInternetgiantdecidingtoshutdowntheservicelaunched10yearsago.28. SocialmediagiantFacebooklaunchedlatestmessagingappSlingshot.29. DelhiGovernmentannouncedthatDelhihasbecomethefirstkerosene‐freecityinthecountry.30. Dhoniranked22ndinForbes'world’shighestpaidathleteslist.ThelisttoppedbyAmericanboxerFloydMayweather

andincludesgolferTigerWoodsandtennisstarsRogerFedererandRafaelNadal.31. Lithuaniatobecome19thcountrytoadoptEuroascurrencyfrom1January2015.Itwillbecomethe19thmemberofthe

eurozoneoutof28countriesintheEuropeanUnion,andthelastoftheBalticstatestojoin.Note:EstoniawasthefirstBalticstatetobecomeamemberoftheeurozonein2011,followedbyLatviaon1January2014.LithuaniaCapital:Vilnius,President:DaliaGrybauskaitė, PrimeMinister:AlgirdasButkevičius

32. FormerIndiacaptainSouravGangulyjoinedtheSupremeCourt‐appointedMudgalcommittee,whichisprobingtheIPLbettingandspot‐fixingscandal,asanexpertoncricketingaffairs.

33. Telanganacameintoexistenceasthe29thstateofIndiaandTRSsupremeoKChandrasekharRao(KCR)wassworninasitsfirstChiefMinister.ESLNarasimhanwassworninasthefirstGovernorofTelangana.

34. MadhyaPradeshgovernmenthasappointedactorMadhuriDixitasthebrandambassadorforitsMamtaAbhiyaan(maternalandchildhealth)campaign.

35. Indiaisamongtheworld'stopfivenationsinconcentratedsolarpower(CSP)technologycapacityrankingstoppedbytheUS,accordingtoanewreport.Note:Indiaisplacedfourth,aheadofChina,intherankingsrecentlyreleasedinareportbytheRenewableEnergyPolicyNetworkforthe21Century(Ren21),aninternationalmulti‐policystakeholdernetworkthatpromotesrapidglobaltransitiontorenewableenergy.

36. Indiabecamethesecondlargestexporteroftextilesintheworld.ThiswasrevealedbytherecentdatareleasedbyUNComtradeinGlobalTextilesaswellasApparelExports.

37. IndiawaselectedforasecondtimetoaUNESCObody,taskedwiththesafeguardingofintangibleculturalheritage.Indiawontheelectionbyaresounding135votesagainstatotalof142votescastbymemberstatespresentattheUNESCOheadquartersinParis.Note:ThisisthesecondtimethatIndiahasbeenelectedtotheIntergovernmentalCommitteefortheSafeguardingoftheIntangibleCulturalHeritage,theearliertermbeingfrom2006‐2010

 

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38. ThegovernmenthasproposedtoraiseForeignDirectInvestment(FDI)indefencesectorto100percent.Accordingtosources,theCommerceandIndustryMinistryhascirculatedaCabinetnoteforinter‐ministerialconsulatation.

39. PakistanhassaiditwouldgrantIndiathestatusofNon‐DiscriminatoryMarketAccess(NDMA)tofacilitateenhancedbilateraltrade.

40. SachinTendulkartobegoodwillambassadorfornationalgames.The35NationalGamestobeheldinsevencitiesintheStateearlynextyearwillhavecricketlegendSachinTendulkarasitsgoodwillambassador.

41. Indiahasfiguredamongthetop10marketsfortheinternationalbusinesscommunity,accordingtoAustralia’sInternationalBusinessSurvey.

42. MalavathPoorna,a13‐yearsand11‐montholdgirlofTelangnabecametheyoungestwomantoclimbtheMountEverest,thehighestpeakintheworld.

43. SingaporebecamethetopsourceofFDIintoIndiareplacingMauritius:DepartmentofIndustrialPolicyandPromotion(DIPP)

44. FlipkartbuysMyntrafor$300mn.FlipkartannouncedthatithasacquiredMyntra,thecountry’slargeste‐commercesiteforfashionandlifestyleproducts.

45. TheUnitedNationsandtheInternationalOlympicCommitteehassignedahistoricagreementtousethepowerofsportstopromotepeaceandeconomicdevelopment.Note:IOCPresident:ThomasBach

46. EuropeanUnionbansIndianAlphonsomangoes,veggiesfromMay1.The28‐memberEuropeanUnionhastemporarilybannedtheimportofAlphonsomangoes,thekingoffruits,andfourvegetablesfromIndiafromMay1,sparkingprotestsfromtheIndiancommunity,lawmakersandtraders.

47. MicrosoftacquiresNokia'smobilephonebusinessfor$7.5bn.TheFinnishcompanywillnowfocusonnetworks,mappingservicesandtechnologydevelopmentandlicences.Note:FormerNokiachiefexecutiveStephenElophasbecomeexecutivevicepresidentoftheMicrosoftdevicesgroup

48. WHOcertifiesIndiaasapolio‐freenation.49. RussiasuspendedfromG‐8group:TheG7groupoftopeconomicpowershavekickedoutRussiafromthepowerfulG8

overitsannexationofCrimeaandthreatenedtoimposefar‐reachingsanctionsifMoscowcontinueditsincursionintoUkraine.ii.TheUSandsixothereconomicpowersalsoscrappedtheG8summittobehostedbyRussiainSochiinJunetobuildpressureonRussianPresidentVladimirPutinagainsthismilitaryactioninUkraine.

50. GlobalpharmamajorNovartisacquireGlaxoSmithKlineplc's(GSK).Note:NovartisisSwitzerlandbasedcompany.GlaxoSmithKlineisEnglandbasedcompany.

51. CadburyIndiaLimitedannouncedtochangeitsnametoMondelezIndiaFoodsLimited.CadburyIndiaLimitedisasubsidiaryofMondelezInternationalInc.

52. Vietnam(Hanoi)decidednottohostthe2019AsianGamesforfinancialreasons,andwasexploringprocedurestowithdrawfromstagingtheregion'slargestsportingevent.

53. SunPharmaceuticalIndustries(SPL)announcedthatitwillacquire100percentofRanbaxyLaboratoriesina$4billionall‐sharetransaction.

54. Deadly‘Heartbleed’virusarrivesinIndiancyberspace.55. JammuandKashmirbecamethefirststateinthecountrytodeclareallelectionboothsinthecomingLokSabhapollsas

nosmokingzones.56. IRV2020programmehasbeenlaunchedbyWHO‐India,withanaimtoprotectandincreasethepopulationoftheone‐

hornedrhinoceros(Rhinocerosunicornis).57. WorkdaysfortribalsunderMNREGAraisedfrom100to150.Thosetribalswhohavereceivedlandrightsunderthe

ForestRightsAct,2006willbeeligibleforadditional50daysofwageemploymentundertheruraljobscheme.58. IndianominatedRani‐ki‐VavlocatedinPatan,GujaratandtheGreatHimalayanNationalPark(GHNP)inHimachal

PradeshforUNESCO’sWorldHeritageSiteStatusfor2014.59. VandanaFoundationlaunchedAQUATMinMumbai:TheAQUATMisawatervendingmachinefromwhichwatercanbe

purchased.Thiswaterwendingmachinewillrelease1literwateratapriceof1rupee.60. GujaratstatehasbeenrankednumberoneinalistofIndia's20largeststatesintermsof“economicfreedom”.61. GooglepartnerswithRay‐banforGoogleGlass.

 

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62. IndiaisDubai’slargestnonoiltradingpartnerin2013‐1463. Kellogg’sropesinDeepikaPadukoneasbrandambassadorfor

SpecialK64. Odiadeclaredasclassicallanguage.Sofar,Sanskrit,Tamil,

Telugu,KannadaandMalayalamhavebeendeclaredasclassicallanguages.

65. GoogleandArchaeologicalSurveyofIndia(ASI)jointlylaunched360‐degreepanoramicimageryof30outof100"nationally‐importantmonuments"includingTajMahal,RedFort,Humayun'sTomb,JantarMantarandQutubMinaramongothers,viewabletoone‐thirdoftheworld'spopulation.

66. Country’sfirstMinorityCyberVillageopenedinChandoliinAlwardistrictofRajasthan.

67. Sikkimachievesover100percentsanitation.Sikkimhasbecometheonlystateinthecountrytoachievemorethan100percentsanitationinruralandurbanhouseholds,schools,sanitarycomplexesandAanganwadicentres.

68. India’sfirstmonorailservicelaunchedinMumbai.69. BelgiumbecamesecondcountrytoallowMercyKillingfor

Children.ParliamentofBelgiumon14February2014legaliseddeathtoterminallyillchildrenofanyage.Note:OtherEuropeancountriesthatallowsactiveeuthanasiaare:1.Luxembourg,whichpermitsactiveeuthanasiaforover18yearsinage.2.Switzerlandletsdoctorstohelpadultpatientstocommitsuicide

70. Indiaistheworld’slargestarmsimporter:SIPRI.ThenewdatahasrankedChinaandPakistansecondandthirdrespectivelyasthelargestarmsimporter.ThereportpublishedbyasSwedishThinkTank,StockholmInternationalPeaceResearchInstitute(SIPRI).

71. IndiabecamethirdlargestcrudeoilimporterintheWorld.World’sTopFiveOil‐ImportingCountriesare:1.China,2.U.S.A:,3.India4.Japan5.Germany

72. SixPublicSectorUnits(PSUs)havesignedaMemorandumofUnderstanding(MoU)tosetuptheWorld’slargest4000MWultrasolarpowerprojectSambharinRajasthan.

73. KeralawinsUNaward:KeralaTourismhasbeenconferredtheUnitedNationsAwardforcreatinginnovativeinitiativesforsustainabletourism,thefirsttimeIndiahaseverwontherecognition.

74. Odisha'sChilikalagoon,hotspotforbiodiversity,hasbeennamed'destinationflyways'byUnitedNationsWorldTourismOrganization(UNWTO)followingitsinclusioninalistofeightsuchsitesworldwide.Note:ChilikaistheonlysitetobeselectedfromAsiabytheUNWTO.

75. JapanesePM(ShinzoAbe)istheChiefGuestatIndia’s65thRepublicDaycelebrationson26thJanuary2014.76. TheJaincommunitywasaccordedminoritystatusbythecentralgovernment,whichwillenablethemtoavailofbenefitsin

governmentschemesandprogrammes.TheJainsbecamethesixthcommunitytohaveminoritystatusafterMuslims,Christians,Sikhs,BuddhistsandParsis.

77. CricketiconSachinTendulkarhasbeennamedtheregionalbrandambassadorbytheUNICEFtopromoteitsTotalSanitationCampaigninIndia,Pakistan,SriLanka,BangladeshandNepal.

78. GorakhpurrailwaystationenteredLimcaBookofRecordsasworld’slongestplatformNote:BeforetheplatformnumberoneofGorakhpur,theplatformofKharagpurrailwaystationofWestBengalhadthedistinctionofbeingworld’slargestplatformwithlengthof1072.5meters.

 

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NewAppointmentinIndia

1. AmitShah:NewBJPPresident.HereplacesRajnathSingh.2. KamlaBeniwal:appointedasnewGovernorofMizoram3. RamNareshYadav:NewGovernorofChhattisgarh.4. VakkomPurushothaman:appointedasGovernorofNagaland.

Note:VakkomwillcontinuetoholdtheadditionalchargeoftheofficeoftheGovernorofTripura.ii.MargaretAlva,theGovernorofRajasthanwasgiventheadditionalresponsibilityofGujarat.iii.BiharGovernorDYPatiltookadditionalchargeofWestBengal

5. ShaktikantaDas:appointedasNewRevenueSecretary.HereplaceRajivTakru.6. RajeevTopno:appointedasPrivateSecretarytoPrimeMinisterNarendraModi7. VishalSikka:appointedNewCEOofInfosys.8. BAshok:appointedNewIOCChairman.HereplacesRSButola.9. A.K.Dubey:appointedasChairmanofCoalIndiaLimited10. SirikondaMadhusudhana:FirstspeakerofTelanganaLegislativeAssembly.11. SLBhojegowda:electedVice‐ChairmanofBarCouncilofIndia.12. NarendraDamodardassModisworninasthe15thPrimeMinisterofthecountry.

ThelistofCabinetMinistersincludes:13. RajnathSingh:HomeMinster14. SushmaSwaraj:ExternalAffairs&OverseasIndianAffairs15. ArunJaitley:FinanceCorporateAffairs&Defence16. M.VenkaiahNaidu:UrbanDevelopmentHousingandUrbanPovertyAlleviation&ParliamentaryAffairs17. NitinJairamGadkari:RoadTransportandHighwaysShipping+RuralDevelopment,PanchayatiRaj&DrinkingWater

andSanitationNote:NitinJairamGadkarigivenadditionalchargeofRuralDevelopment,PanchayatiRaj&DrinkingWaterandSanitationasGopinathMundediedinRoadaccident.

18. D.V.SadanandaGowda:Railways19. UmaBharati:WaterResources,RiverDevelopmentandGangaRejuvenation20. Dr.NajmaA.Heptulla:MinorityAffairs21. RamvilasPaswan:ConsumerAffairs,FoodandPublicDistribution22. KalrajMishra:Micro,SmallandMediumEnterprises23. ManekaGandhi:WomenandChildDevelopment24. Ananthkumar:ChemicalsandFertilizers25. RaviShankarPrasad:CommunicationsandInformationTechnology&LawandJustice26. AshokGajapathiRaju:CivilAviation27. AnantGeete:HeavyIndustriesandPublicEnterprises28. HarsimratKaurBadal:FoodProcessingIndustries29. NarendraSinghTomar:Mines&SteelLabourandEmployment30. JualOram:TribalAffairs31. RadhaMohanSingh:Agriculture32. ThaawarChandGehlot:SocialJusticeandEmpowerment33. SmritiZubinIrani:HumanResourceDevelopment34. Dr.HarshVardhan:HealthandFamilyWelfare35. SumitraMahajan:newLokSabhaSpeaker36. ChandrababuNaidusworn‐inasFirstChiefMinisterofAndhraPradesh.37. KChandrasekharRao(KCR)wassworninasitsfirstChiefMinisterofTelangana38. FinanceMinisterArunJaitleyhasbeenappointedontheBoardofGovernorsofPhilippines‐basedAsianDevelopment

Bank(ADB).39. MallikarjunKhargeelectedleaderofCongressinLokSabha.40. NripendraMishraappointedPrincipalSecretarytoPM41. MukulRohatgiappointed14thNewAttorney‐GeneralofIndia.HereplaceG.E.Vahanvati

 

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42. AjitKumarDovalappointedasnewNationalSecurityAdvisor43. RajivMathurtakesoverasNewCIC(ChiefInformationCommissioner).HesucceedsSushmaSingh,44. AnandibenPatel:newCMofGujarat45. NaveenPatnaiksworninasOdishachiefminister46. PawanChamlingswornasSikkimCMforrecord5thtime47. JitanRamManjhi:newBiharCM48. TRZeliangappointednewCMofNagaland.HesucceedNeiphiuRio49. NabamTukisworn‐inasCMofArunachalPradeshforsecondterm.50. R.M.Lodha:NewChiefJusticeofIndia.Heisthe41stChiefJusticeofIndia.HesucceedsJusticeP.Sathasivam.51. LtGenDalbirSinghSuhag:appointednewArmyChief.HesucceedGenBikramSingh.52. RGandhiappointedDeputyGovernorofRBI.HereplaceAnandSinha53. RobinKDhowan:appointedNewNavyChief.54. ArupRahanewAirChiefMarshal.HesucceededNAKBrowne.55. ArvindMayaram:appointednewFinanceSecretary.He

replaceSumitBose56. SaurabhChandra:newOilSecretary.57. SudhirGupta:appointednewTRAISecretary58. RajeevKher:appointednewCommerceSecretary.Hereplace

SRRao59. AshokLavasa:appointedCivilAviationSecretary.HereplaceKNSrivastava.60. JusticeG.Rohini:becomethefirstwomanChiefJusticeoftheDelhiHighCourt.61. IlaPatnaik:appointedasPrincipalEconomicAdvisor62. RetiredAirChiefNAK.BrowneappointednewIndianenvoytoNorway.63. RahulKulshreshthappointednewIndianenvoytoTurkey64. SunilGavaskar:interimPresidentofBCCI65. G.Gopalakrishna:joinedasdirectorofCentreforAdvancedFinancialResearchandLearning(CAFRAL).66. SureshKumarReddyappointedastheFirstambassadortoASEAN67. Ms.LakshmiSwaminathanbecamethefirstIndiantobecomepresidentofAdministrativeTribunaloftheAsian

DevelopmentBank(ADB)68. LalitModielectedpresidentofRajasthanCricketAssociation.69. ArundhatiBhattacharya:SBI'sfirstwomanChairman70. AkhileshGupta:electedasPresidentoftheIndianMeteorologicalSociety71. ThomasMathew:NewChairmanofMCXStockExchange72. DKPathak:newDirectorGeneraloftheBorderSecurityForce(BSF).73. SheilaDikshit:NewGovernorofKerala.74. DineshSarraf:appointedasChairmanandManagingDirector(CMD)ofOilandNaturalGasCorporation(ONGC).He

replacedSudhirVasudeva.75. GautamBambawale:newIndianambassadortoBhutan76. JudeFelix:appointedcoachoftheNationalmen’shockeyteam.77. YaduvendraMathur:appointedasChairmanandManagingDirectorofExport‐ImportBankofIndia(EximBank)78. RakeshMaria:appointedasanewPoliceCommissionerofMumbai.HereplaceSatyapalSingh.79. AditiKhannabecamefirstwomenPresidentofIndianJournalist'sAssociation80. MukulMudgal:appointedasthenewchairpersonofBroadcastingContentComplaintsCouncil(BCCC)81. R.K.Tiwari:appointedasthenewchairmanofCentralBoardofDirectTaxes(CBDT).HesucceedChairpersonSudha

Sharma.82. PoonamKhetrapalSingh:appointedasRegionalDirectorofWorldHealthOrganisation(WHO)South‐EastAsiaRegion83. JusticeAshokKumarMathur:appointedChairmanofthe7thPayCommission84. AkhileshDasGuptare‐electedpresidentoftheBadmintonAssociationofIndia(BAI)85. NRamachandran:NewPresidentofIndianOlympicAssociation(IOA)86. ArvindRanjan:appointednewChiefofCentralIndustrialSecurityForce(CISF)87. JNChoudhury:appointednewChiefofNationalSecurityGuard(NSG).

 

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NewAppointmentinWorld

1. EmmaWatson,theBritishActressappointedastheGoodwillAmbassadorforUNWomen.2. MichelleHowardbecamethefirstfemalefour‐staradmiralinUSNavy.Sheisthefirstwomenadmiralin236yearold

historyofUSNavy.3. Jean‐ClaudeJuncker:namedasnextEuropeanCommissionpresident4. ChungHungWonretainedasPrimeMinisterofSouthKorea.5. MustafaKamal:appointedNewPresidentofInternationalCricketCouncil(ICC).

Note:MustafaKamalhasbecomethefirstfromBangladeshtobepresidentofInternationalCricketCouncil(ICC).6. NSrinivasan:appointedfirstchairmanofInternationalCricketCouncil(ICC).7. JuanManuelSantosre‐electedColombiapresident.8. Uganda’sForeignAffairsMinister,SamKahambaKutesaelectedPresidentforthe69thSessionofUnitedNations

GeneralAssembly(UNGA).HereplacedJohnWilliamAshe.Note:UnitedNationsGeneralAssembly(UNGA)comprises193membernations.

9. Indian‐originjudgeVKRajahappointedas8thAttorney‐GeneralofSingapore.10. ReuvenRubyRivlinelectedas10thpresidentofIsrael.HesucceedShimonPeres.11. PrinceZeidalHussein(Jordan’sambassador)nominatedasU.N.HighCommissionerforHumanRights12. Basharal‐Assad:electedSyriaPresidentforthirdtime13. DaliaGrybauskaite:newPresidentofLithuania14. PeterMutharikaisnewMalawipresident15. AbdelFattahAlSissi–newPresidentofEgypt16. JacobZumasworninasSouthAfrica'sPresidentforsecond

term17. PetroPoroshenko:NewPresidentofUkraine18. HiroshiNakaappointedasVicePresidentandAuditorGeneral

ofWorldBank.19. KathleenStephensNamedInterimUSAmbassadortoIndia.20. Maj.Gen.KristinLundappointedfirstwomantoleadUNforce.ShereplaceChineseMaj.Gen.ChaoLiu.21. NiwatthamrongBoonsongpaisan.NewinterimPMofThailand:Note:Ms.YingluckshinawatraandnineCabinet

memberswereforcedtostepdownbytheConstitutionalCourt,whichfoundherguiltyofabuseofpower.22. AhmedMaiteeg:NewPMofLibya23. JuanCarlos:NewPresidentofPanama24. RajeevSuri:NewNokiaCEO&President25. AbdelazizBouteflika:NewPresidentofAlgeria26. ViktorOrban:Newre‐electedPMofHungary27. ManuelValls:NewPrimeMinisterofFrance28. Marie‐LousieColeiroPreca:NewPresidentofMalta29. JosephMuscat:PMofMalta30. IbrahimMahlab:NewPrimeMinisterofEgypt.IbrahimMahlabreplaceHazemel‐Beblawi.31. MichelleBachelet:NewPresidentofChile32. MatteoRenzi:NewItaly'syoungestPM.Heisthe39‐year‐oldleaderoftheCentre‐LeftDemocraticParty,33. ArseniyYatsenyuk:NewPrimeministerofUkraine34. SushilKoirala:NewPMofNepal.HereplacedKhil‐Raj‐Regmi.35. JohnThompson:NewChairmanofMicrosoft.HesucceededBillGates36. SatyaNadella:NewCEOofMicrosoft.HereplacedSteveBallmerandhetakesoverasthethirdCEOoftheMicrosoftfirm.37. MarcoLambertiniappointedasdirector‐generalofWWF(WorldWideFundforNature)International38. JensStoltenberg:NewSecretaryGeneralofNorthAtlanticTreatyOrganisation(NATO).Hereplacestheincumbent

SecretaryGeneralAndersFoghRasmussen.39. SheikhHasina:NewPMofBangladesh.ShebelongstoAwamiLeagueparty.

 

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40. JanetYellen:NewchairmanoftheFederalReserve.ShesucceedsChairmanBenBernanke.JanetYellen,thefirstwomantochairtheFederalReserveinits100‐yearhistory.FederalReserveisthenameoftheCentralBankofUS.

41. AbdulBasit:NewPakistanienvoytoIndia:HereplacesSalmanBashir.

42. AizazChaudhry:NewForeignSecretaryofPakistan43. JalilAbbasJilani:NewPakistaniAmbassadortoUS44. SumithNakandala:FirstSecretaryGeneralofBIMSTEC45. AngelaMerkel:beginsthirdinningsasGermanchancellor.46. AbdiweliSheikhAhmed:NewPrimeMinisterofSomalia.

(MogadishuistheCapitalSomalia).47. AshrafJehan:FirstfemalejudgeinPak’sNationalShariaCourt

SUMMIT1. BRICSsummit

Country:Brazil,Russia,India,China,South‐Africa. 5thSummit2013:(Durban)SouthAfrica: 6thBRICSSummit2014:tobeheldinFortaleza,Brazilfrom15‐17July2014.

2. Nuclearsecuritysummit 2ndSummit2012–Seoul,SouthKorea. 3rdSummit2014:Hague,Netherland 4thSummit2016:UnitedStates

3. G8Summit: 39thSummit2013:UnitedKingdom.(NorthernIreland) G‐8Countries:Canada,France,Germany,Italy,Japan,Russia,BritainandtheUS 40thG‐7summit2014heldatBrussels.

Note:ItwasthefirsttimethattheEUhostedaG7summit.ThesummitisjointlyrepresentedbytheEuropeanCouncilPresidentHermanvanRompuyandtheEuropeanCommissionPresident.Note:Originally,aG8summitwasscheduledtotakeplaceinSochi(Russia)inearlyJune2014underaRussianpresidency.DuetotheRussianFederation'sviolationofUkraine'ssovereigntyandterritorialintegrity,theG7leadersdecidedtomeetinBrusselson4‐5June2014intheG7formatinstead.

4. G20Summit: G‐20meeting(2014)ofFinanceministersandcentralbankgovernorsheldinSydney(Australia). G20LeadersSummit(2014)willbeheldinBrisbane,Queensland(Australia,inNovember2014.

5. SAARCSummit:

3rdSAARCministerialmeetonpovertyalleviation2013–Kathmandu(Nepal) 18thSAARCSummit2014‐Kathmandu(proposed)

6. NATOSummit‐NATOSummit2014willbeheldinBritain.(Britainlasthostedthesummitin1990,whenMargret

ThatcherwasPrimeMinister).

7. BIMSTECSummit 3rdBIMSTECsummit2014:NayPyiTaw(Myanmar) 4thBIMSTECsummitwillbeheldinNepal.

 

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Note:BIMSTEC(BayofBangalInitiativeforMultisectoralTechnicalandEconomicCooperation)BIMSTECincludes7countries:Bangladesh,India,Myanmar,SriLanka,Thailand,BhutanandNepalandaimstocreatecooperationinmultiplesectorsincludingtrade,investmentandenergy.8. NAMSummit:

16thSummit2013:Tehran,Iran 17thSummit2015‐Caracas(Venezuela)

Note:Twonations,namelyAzerbaijanRepublicandFiji,wereacceptedasthenewmembersoftheorganization.NewMember UnitedNation–SouthSudannewmembercountry.Total–

193members WTO–Tajikistannewmembercountry.Total–159

members. WorldBank&IMF–SouthSudannewmembercountry.

Total–188members EuropeanUnion–Croatianewmembercountry.Total–289. 6thInternationalNuclearEnergyForumATOMEXPO‐2014heldinMoscow10. WorldEconomicForum2014:heldinAbuja(Nigeria).BhartiEnterprisesfounderandChairmanSunilBhartiMittalco

–chairthisyear’seditionoftheWorldEconomicForumonAfrica.11. India,SriLankaandMaldivesheldNationalSecurityAdvisor‐levelmeetingonmaritimesecuritycooperationinNewDelhi.12. WorldTelecommunicationsDevelopmentConferenceheldinDubai.13. TheGreenEconomySummitheldinDubai.14. ArabSummit2014:KuwaithosttheArabsummitforthefirsttime15. The9thWTOMinisterialConferencewasconcludedon6December2013atBali,Indonesia.16. 12thPravasiBharatiyaDivas2014heldinNewDelhi.Thisyear'sthemeis"EngagingDiaspora:ConnectingAcross

Generations"DatukSeriGPalanivalistheChiefGuestof12thPravasiBharatiyaDivas

PointsToRemember:

MOUs‐DealbetweenIndia&OtherCountries1. IndiaandUnitedKingdomdecidedtolaunchnegotiationsforcivilnuclearcooperation.2. Indiahascommitted8.5billionrupeestoBhutanforSmallDevelopmentProjectforthecountry’sthe11thFiveYearPlan.3. IranandJapansignedaMemorandumofUnderstanding(MoU)forbilateralcooperationonenvironmentalissuesin

Tokyo.4. India,Azerbaijan:toexploreopportunitiesinenergysector5. IndiaandCanadahavesignedthreeMoUsforcooperationinhealthsector,audio‐visualco‐productionandskill

development.6. India,PolandagreetoformJointWorkingGroupforcooperationinfilmssector.7. IndiaandBhutanhavesignedanagreementondevelopmentofhydropowerprojects.8. IndiaandGermanycouldsignanagreementfor€1billionforGreenfieldprojects9. IndiaandMaldivesinkseveralpactsandhaveagreedtojointlypatrolandconductsurveillancetostrengthenmaritime

securityintheIndianOceanRegion.10. IndiahassignedaRs4,000‐croredealwiththeUSforprocuringsixmoreC‐130JSuperHerculesSpecialOperations

aircraftfortheIndianAirForce.11. ElectionCommissionsignsMoUwithYemen.IndiahasoffereditsexpertisetoYemeninelectionmanagementand

electoralrollpreparations.

 

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Scheme&PlanLaunchedbyUnion&StateGovernment:1. PradhanMantriGramSinchaiYojana:Toboostagriculturalyield,Govt.isgoingtolaunch'PradhanMantriGramSinchai

Yojana'inthecountry.2. MahatmaGandhiPravasiSurakshaYojana(MGPSY)waslaunchedintheUAE.AleadingIndianfinancialandhealthcare

serviceplayerhastiedupwiththeUAEExchangetoofferMahatmaGandhiPravasiSurakshaYojanaSchemeintheGulfcountry.AboutMahatmaGandhiPravasiSurakshaYojana(MGPSY)i.MahatmaGandhiPravasiSurakshaYojana(MGPSY)SchemeisapensionandlifeinsuranceschemeandisrecognisedbytheIndiangovernment.

3. TamilNadulaunchesfreeCFLbulbscheme:UndertheschemestateGovtwillprovidefreecompactfluorescentlightbulbstoover14lakhhut‐dwellersintheState,anenergysavingmeasureaimedatsaving40MWofpower.

4. Centrelaunchese‐inclusionprojecttospreade‐literacy.Theprojectisaninitiativetomakeatleastoneindividualineveryhouseholde‐literate,undertheproject,economicallyweakersectionsofthesocietyincludingruralSC,STandwomenwillreceiveITtraining.

5. ProjectUddan:Theproject,aninitiativeofthePrimeMinister,theNationalSkillsDevelopmentCorporationandtheMinistryofHomeAffairsandindustry,wasstartedwiththeaimofprovidingskillsto40,000youthoveraperiodoffiveyears.

6. RaniLaxmiBaiPensionScheme:'specialpension'toMuzaffarnagarriotvictimsbyU.P.Govt.Thepension,whichwouldbeanywherebetweenRs400andRs500,wouldbegivenunderthisscheme.

7. BhagatPuranSinghSehatBeemaYojna(BPSSBY)HealthcareschemeforBPLfamilieslaunchedinPunjab8. 'Roshini'Scheme:Centrelaunchedskilldevelopmentandjobplacementscheme'Roshini'forruralyouthandwomenin

maoistaffected24districtsin9states.9. RajivGandhiJeevandayeeArogyaYojana(healthinsurancescheme)waslaunchedinMaharashtra.

Awards&Honours

1. JnanpithAward2013:NotedHindipoetKedarnathSinghhasbeenchosenfortheprestigiousJnanpithawardfor2013.Hewillbetherecipientofthe49thJnanpithaward.

2. PenPinterprize2014:SalmanRushdiewinsPenPinterprizeforhisoutstandingliteraryoutputandsupportforfreedomofexpression.

3. WorldFoodPrize2014:India‐bornplantscientistSanjayaRajaramhasbeennamedthewinneroftheWorldFoodPrizeforhisbreakthroughachievementinincreasingglobalwheatproductionbymorethan200milliontonnesfollowingtheGreenRevolution.

4. MoortideviAward2013:CRadhakrishnanselectedforMoortideviAward2013.HehasbeenselectedforhisnovelTheekkadalKatanhuThirumadhuram.Note:i.RadhakrishnanisthesecondMalayalamwritertobeawardedwiththeMoortideviaward.ThefirstMalayalamauthortowintheawardwasAkkithamAchuthanNamboothiriin2009forhisselectedpoems.ii.HaraprasadDaswasconferredtheMoortideviAwardfor2012for'Vamsha,apoeticrecreationoftheMahabharata

5. SudarsanPattnaikwonprizeatWorldCupofSandSculpting‐2014.HewonprizeforhisworkSaveTree,SavetheFuture.

6. MalalaYousafzaiwinsLibertyMedalfromtheNationalConstitutionCentreinPhiladelphia.7. FrancehonourShahrukhKhanwithLegionofHonour

Note:TheawardofOfficierdelaLegiond'Honneur(OfficeroftheLegionofHonour)isthehighesthonouramongCiviliansandMilitarybestowedbyFranceonFrenchcitizenaswellasforeigners.

8. GroHarlemBrundtlandawardedwiththefirstTangPrizeinsustainabledevelopment.9. FormerTATAGroupChairmanRatanTatareceivedanhonorarydoctoroflawsdegreefromYorkUniversityin

Toronto,Canada.10. IndianoriginphysicistTejinderVirdeewashonouredknighthoodBachelorbyQueenElizabethII.Hewasawardedfor

hisworkontheHiggsBosontheory.

 

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11. GMRwinsarbitrationawardagainstMaldiviangovt:IndianinfrastructuregiantGMRhaswonthearbitrationawardagainstMaldiviangovernmentforwrongfulterminationofAirportprojectcontract.

12. LifetimeAchievementAward’:LeadingNRIindustrialistLordSwrajPaulhasbeenhonouredwiththe‘LifetimeAchievementAward’byaUK‐basedbusinessassociationforhisoutstandingcontributiontotheindustry,educationandphilanthropy.

13. IrishauthorEimearMcBridewonthe2014Bailey'sWomen'sPrizeforFictionforherfirstnovelAGirlisaHalf‐FormedThing.

14. ProjectMobileSevaunderDeitYwonthe2014UnitedNationsPublicServiceAwardNote:TheprojectMobileSevaunderDepartmentofElectronicsandInformationTechnology(DeitY)wonsecondrankinthe2014UnitedNationsPublicServiceAward.DepartmentofElectronicsandInformationTechnologycomesunderMinistryofInformationandTechnology.

15. GoldmanPrizeforenvironmentalactivistRameshAgrawal.HereceivedtheprizeforhelpingvillagersfightcoalmininginChhattisgarh.

16. CaparoGroupfoundedbyleadingNRIindustrialistLordSwrajPaulhaswontheInternationalBusinessoftheYearaward2014

17. GoldenPeacockAwards2014:TechnoparkTechnologyBusinessIncubator(T‐TBI)waschosenfortheSpecialCommendationattheGoldenPeacockNationalTrainingAwards2014.

18. BharatRatnaAward:SachinTendulkarandCNRaoconferredBharatRatnaAward2013.Note:TendulkaristhefirstsportsmanandtheyoungestrecipientofthetheBharatRatnaii.ProfRaoisawellrecognizedinternationalauthorityonsolidstateandmaterialschemistryisthethirdscientisttoreceivedawardafterCVRamanandformerPresidentA.P.JAbdulKalam.iii.TheBharatRatnawasannouncedafteragapoffouryearswithHindustanimusicdoyenBhimsenJoshibeingthelastrecipientin2009.

19. DadasahebPhalkeAward2013:VeteranpoetandfilmlyricistGulzarhasbeenchosenforthecovetedDadasahebPhalkeAwardfor2013.Heisthe45thwinneroftheDadasahebPhalkeAward.

20. PulitzerPrize2014:India‐bornpoetVijaySeshadrihaswontheprestigious2014PulitzerPrizeinthepoetrycategoryforhiswork'3Sections'.

21. DonnaTarttwinsfictionPulitzerPrize2014fornovel'Goldfinch'22. MissIndia2014:KoyalRananewMissIndia.23. GandhiPeacePrizefor2013:EminentGandhianandenvironmentalistChandiPrasadBhatselectedfortheaward.

Note:ApioneeroftheChipkoMovementforwhichhewasalsoawardedtheMagsaysayAwardin1982,Mr.BhattwasgiventhePadmaBhushanbyUPA‐Iin2005.

24. SaraswatiSamman2013:GovindMishraselectedforforhisbookDhoolPaudhoPar.25. PritzkerPrize2014:JapanesearchitectShigeruBanwonthePritzkerArchitecturePrize2014.Hewontheawardforhis

creativeandinexpensivedesignsfordisasterreliefshelters.26. AbelPrize2014:RussianmathematicianYakovGrigorevichSinaiwontheaward.27. Laxmi,anacidattackvictimgetsInternationalWomenofCourageAward(UShonour).28. VyasSamman2013:VishwanathTripathibeenselectedfortheprestigiousVyasSammanfortheyear2013.

Note:Tripathihasbeenchosenforthecovetedannualliteraryawardinstitutedin1991bytheKKBirlaFoundationforhismemoir'VyomkeshDarvesh',abiolgraphyofnotedHindischolarAcharyaHazariPrasadDwivedi.

29. GDBirlaAward2013:RajeshGopakumarwasselectedforthe23rdGDBirlaAwardforscientificresearchfortheyear2013.

30. MSSubbulakshmiAward2014:MathangiSathyamurthy,Karnatakamusicianwasselectedfortheaward.31. Britain'shighestawards:RatanTata,formerchairmanoftheTataGrouphonouredbyQueenElizabethwithaGBE

(KnightGrandCross),whichisoneofthehighestcivilianhonoursinBritain.32. LuisSuareznamedasProfessionalFootballers'AssociationPlayeroftheYear.

 

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33. MSDhoniwonUnitedKingdom’s2014AsianawardforoutstandingachievementinSports.

34. ShikharDhawannamedoneofWisden'sFiveCricketersoftheYearaward.

35. SachinTendulkarwonCricketerofgenerationaward36. TomasHalik,theCzechpriestwontheTempletonPrizefor2014.37. HindustanAeronauticsLtd(HAL)receivedtheMostEfficient

NavratnaAwardfortheyear2013.38. AnandKumar,thefounderofSuper30got2014Ramanujan

Mathematicsaward39. IndianWriterPankajMishrawonWindhamCampbellLiterature

Prize201440. AustralianpacerMitchellJohnsonwonthecovetedAllanBorder

medal.41. CyrusMistrywinsDSCPrize2014forSouthAsianliteraturefor

hisbook“ChroniclesofaCorpseBearer”.42. GermanygoalkeeperNadineAngererhasbeennamedthebest

women'sfootballplayerintheworldfor2013.43. SunilGangopadhyayMemorialAwardof2012and2013:two

eminentBengalipoets,namelyNirendranathChakrabortyandSankhaGhosh,respectively.

44. C.K.Nayuduaward:FormerIndiacaptainKapilDevreceivedtheCol.C.K.NayuduLifetimeAchievementAwardfor2013.

OscarAward2014:BestFilm‐12YearsaSlave–DirectedbySteveMcQueenBestActor‐MatthewMcConaugheyfor:DallasBuyersClubBestActress‐CateBlanchettfor:BlueJasmineBestDirector‐AlfonsoCuarónforGravityBestActorinaSupportingRole‐JaredLetofor:DallasBuyersClubBestActressinaSupportingRole‐LupitaNyong'ofor12YearsaSlaveBestForeignLanguageFilm‐TheGreatBeauty(Italy)Note:"Gravity"pulledin7Oscars,includingbestdirector,atthe86thAcademyAwardsonMarch2,2014.61stNationalFilmAwards:BestFilm:'ShipofTheseus'–Director–AnandGandhiBestActor: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'–SubhashKapoorDirectorofFilmLiarsDice–GeetuMohandas

 

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PersoninNews:

1. AndyCoulson:gets18‐monthjailforphonehacking.CoulsonwastheeditoroftheNewsoftheWorld.Note:NewsoftheWorldwasanationalredtopnewspaperpublishedintheUnitedKingdomfrom1843to2011.ItwasatonetimethebiggestsellingEnglishlanguagenewspaperintheworld,andatclosurestillhadoneofthehighestEnglishlanguagecirculations

2. LouVincent:NewZealand'scricketerLouVincentGetsLifeBanforMatch‐Fixing.3. LuisSuarez:FIFAbannedUruguaystrikerLuisSuarezfromallfootballactivitiesforfourmonths.

Note:SuarezbittheshoulderofItalydefenderGiorgioChielliniduringUruguay’s1‐0wininthegroupstagematch.4. MohammadAshraful:FormerCaptainofBangladeshbannedforeightyears.

Note:HewasfoundguiltyonfourchargesoffixingmatchesinBangladeshPremierLeagueof2013.5. DineshSingh:DelhiUniversityVice‐Chancellorresigns6. BVWanchoo:GoaGovernorresigned7. MKNarayanan:WestBengalGovernorresigned8. BLJoshi:UttarPradeshGovernorresigned.9. YuichiNishimura:Japan’sYuichiNishimuraisrefereeinopeningmatchoftheWFIFAWorldCupbetweenhostsBrazil

andCroatiainSaoPaulo.10. DilipShanghvinamedamongAsia’srichestself‐madebillionaires.11. ManojVaish,ManagingDirector&CEOofMultiCommodityExchangeofIndiaLtd(MCX),resigned.12. PElangointerimCEO&WholetimeDirector,quitfromCairnIndia.13. AamirKhan–ElectionCommission’sNationalIconforLokSabhaElections201414. ArjunKapoorNamedNationalAmbassadorforEarthHour201415. NancyPowellresignedastheUSAmbassadortoIndia16. PrimeMinisterofKazakhstanSerikAkhmetovhasresigned17. JusticeKTThomasquitsasheadofLokpalsearchcommittee18. HazemEl‐Beblawi:EgyptianPMresigns.19. ZakaAshraf:PrimeMinisterNawazSharifsackedZakaAshrafastheChairmanofthePCB20. JamilaBayaz,firstwomentobeappointedpolicechiefofKabulprovince.SheisthefirstwomaninAfghanistantobe

appointedaspolicechiefofanentiredistrict.

Books&TheirAuthors

1. TheSubstanceandtheShadow:writtenbyUdayTaraNayar,aformerjournalist.Note:TheSubstanceandtheShadow,thebiographyof91‐year‐oldactorDilipKumar.

2. WarriorStatewrittenbyTVPaul3. BloodFeudwrittenbyEdwardKlein4. ABadCharacter:authoredbyDeeptiKapoor.5. TheGood,theBadandtheRidiculous‐KhuswantSingh6. TrainToPakistan‐KhuswantSingh7. AnUncertainGlory:IndiaanditsContradictions‐JeanDrezeandAmartyaSen.8. ABrushwithLife‐SatishGujral9. ABendintheriver‐V.S.Naipaul10. GodofSmallthings‐ArundhatiRai11. InheritanceofLoss‐KiranDesai.12. JosephAnton‐SulmanRushdie(Autobiography)13. “Khushwantnama‐TheLessonsofMyLife“–Khushwantsingh14. Lajja‐TaslimaNasrim.15. MyUnforgettableMemories‐MamataBanerjee16. MyYearswithRajivandSoniawrittenbyR.D.Pradhan17. ModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.18. CrusaderorConspirator?CoalgateandotherTruthsauthoredbyPCParakh

 

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19. TheAccidentalPrimeMinister:TheMakingandUnmakingofManmohanSinghauthoredbyDr.SanjayaBaru20. LalBahadurShastri:LessonsinLeadershipwrittenbyPavanChoudary.21. RationalisedRomanforKashmiriwrittenbyDr.RLBhat22. NarendraModi:APoliticalBiographywrittenbyAndyMarino.23. PublicIssuesBeforeParliamentwrittenbyVijayDarda24. ThePoliticalEconomyofEnergyandGrowthauthoredbySh.NajeebJung25. IndiaatRisk:authoredbyJaswantSingh.26. “Unbreakable”‐AnAutobiographybyMaryKom27. TheLuminariesby:EleanorCatton.ShewontheManBooker

Prize2013.28. WalkingWithGiants:authoredbyformerFinanceSecretaryG.

Ramachandran.29. "IamMalal:authoredbyChristinaLamb.30. TheDaVinciCode:DanBrown

LEADER”SVISITEDINIDIA

1. WilliamHague:UKForeignMinistervisitedIndia2. LaurentFabius:FrenchForeignMinistertovisitedIndia.3. GLPeiris:ForeignMinisterofSriLankavisitedIndia4. WangYi:ChineseForeignMinistervisitedIndia 5. YousufbinAlawibinAbdullah:OmanForeignMinistervisitedIndia6. KingofBahrainHamadbinIsaAlKhalifavisitedIndiaonFebruary.7. GermanPresidentJoachimGuackvisitedIndia8. FrenchFirstLadyValerieTrierweilervisitedInida9. KingofBhutan,JigmeKhesarNamgyelWangchuckandQueenJetsunPemaWangchuckvisitedIndia10. SouthKoreanPresidentParkGeun‐hyevisitedIndia.

OBITUARY

1. ZohraSehgal:VeteranBollywoodactressZohraSehgalknownforherjovialrolesinfilmslikeDilSe,KalHoNaaHo,Veer‐Zaara,CheeniKumandSaawariyapassedaway.Shewas102.

2. GranvilleAustin,theeminentscholaroftheIndianConstitutiondiedinWashingtonDC.3. Ramanarayanan,Tamilfilmdirectorandproducer,diedat65.4. TelanganaShakuntala:PopularTollywoodcharacteractresspassedaway5. GaryGilmour,formercricketerofAustraliadied6. GopinathMunde:RuralDevelopmentMinisterpassesaway7. IdeologistandSanskritScholarSukumariBhattacharjidied8. FatherofMalaysianHockeySultanAzlanShahpassesaway9. VeteranCPI(M)leaderR.Umanathpassedaway10. MadhavMantri,acricketingdoyen,passesaway11. VeteranCongressleaderandformerministerSitaramPrasadpassedaway12. NSrinivasan,theveterannuclearscientistdied13. RussyMody:ManagementguruRussyModywhowasknownforhismanmanagementwhileheheadedTataSteeland

wasawardedPadmaBushandied14. Capt.C.P.KrishnanNair,FounderChairmanofTheLeelaPalaces,HotelsandResorts,passedaway15. NJanardhanReddy:FormerAndhraPradeshChiefMinisterdied.16. ElenaBaltacha:Ex‐tennisplayerdiesofcancer17. KhaledChowdhury:Notedtheatrepersonalitydied18. BobHoskins:Britishactordies

 

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19. TitoVilanova,FormerBarcelonacoachVilanovadies.20. PulitzerPrizewinningjournalistAnjaNiedringhausshotdeadinAfghanistan.21. KhushwantSingh:Famouswriterandjournalistpassedaway

SportsNews

Tennis: Wimbledon2014:

1.Men’sTitle:NovakDjokovicdefeatedRogerFederertowinhissecondMen'sWimbledontitleandseventhcareerGrandSlam.2.Women’sTitle:PetroKvitovadefeatedEugenieBouchardtowinWimbledontitle

FrenchOpen2014:1.Men’sTitle:RafaelNadalclinchesrecordninthFrenchOpentitle.HedefeatedNovakDjokovicinthefinal. Note:RafalNadalnowwon14GrandSlamsinglestitlestillnow.2.Women’sTitle:MariaSharapovadefeatSimonaHaleptowinFrenchOpenTitlesecondtime.Note:MariaSharapovanowwon5thGrandSlamtitle.

AustralianOpen2014:1.Men’sSingle:Switzerland'sStanislasWawrinkaclaimedhisfirstGrandSlamtitlebydefeatingRafaelNadal2.Women’sSingle:LiNa(China)defeatDominikaCibulkova.LiNabecomesfirstChinesewomantoclinchtitle.3.Women’sDoubles:ErraniandRobertaVincibeatRussia'sEkaterinaMakarovaandElenaVesnina

MadridTitle2014:RafaelNadaldefeatKeiNishikoriinthefinaltowinthetitle. MonteCarloMastersTennis2014:StanislasWawrinkabeatRogerFederer. Miami(Sony)Open2014:

1.Men’sSingle:NovakDjokovicdominatesRafaelNadaltowinfourthMiamititle.2.Women’sSingle:SerenaWilliamsbeatLiNatowinseventhMiamiTitle

ItalianTennisOpen2014:

1.Women'sTitle:SerenaWilliamsdefeatedSaraErrani.2.Men'sTitle:NovakDjokovicdefeatedRafaelNadalNote:ManilawillhostthefirstlegofthenewlylaunchedInternationalPremierTennisLeague

HockeyWorldCup2014:1.Men’sTitle:AustraliadefeatedNetherlandinthefinal.Note:Australiawonthetitleforthesecondtime,2.Women’sTitle:NetherlanddefeatedAustraliainthefinal.Note:Netherlandwonthetitlefortheseventhtime,Note:Indianmen'shockeyteamrank9thinlatestwordhockeyrankings.

IPL72014:KolkataKnightRidersdefeatKingsXIPunjabtoliftIPL7Trophyforsecondtime.Note:ManoftheMatch–ManishPandey.OrangeCapAward:RobinUtthapaPurpleCapAward:MohitSharma

 

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ICCWorldCupCricketVenue:ODI:(OnedayInternational):1.Australia&NewZealand:2015.2.England‐20193.India‐2023

T20:1.Bangladesh‐2014.–SriLankadefeatIndiatowinthemaidentitle.2.India‐2016.3.Australia‐2020.

Test:1.England–2017(forfirsttime).2.India‐2021.

U‐19WorldCup1.UAE–2014‐.SouthAfricadefeatedPakistantowinthemaidentitle.2.Bangladesh–20163.NewZealand–20184.SouthAfrica–20205.WestIndies‐2022Note:ICCWomen’sWorldCup2013‐AustraliadefeatedWestIndiesatBrabourneStadiuminMumbai.

FIFA(Football)WorldCupvenue:‐BRQ

1.2014:Brazil2.2018:Russia3.2022:Qatar

CommonwealthGamesvenues:1.2014–Glasgow(Scotland).2.2018–GoldCoast(Australia).

OlympicsGamesvenues:

1.2014winter:Sochi(Russia)–Russiatopsinthemedaltallyin2014winterOlympicgames.2.2016Summer:RiodeJaneiro(Brazil)3.2018winter:Pyeongchang(SouthKorea)s4.2020summer:Tokyo(Japan)

AsianGamesvenue:1.2014:Incheon(SouthKorea)(Note:2010AsainGamesheldinGuangzhou,China).

Ceatawards2014:Theawardwinners:CricketeroftheYear:ViratKohli(India);ODIPlayeroftheYear:ShikharDhawan(India);T20PlayeroftheYear:ShakibAlHasan(Bangladesh);TestPlayeroftheYear:MitchellJohnson(Australia);PopularChoiceaward:GlennMaxwell(Australia);YoungPlayeraward:VijayZol(Maharashtra)DomesticCricketeroftheYear:RobinUthappa(India)SpecialawardforIndianPlayeroftheYear:RAshwin(India)LifetimeAchievementaward:SyedKirmani(India).

 

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1. MaryleboneCricketClubXIwonthematchplayedtocelebrate200‐years(bi‐centenary)ofLord’sCricketGround–the

HomeofCricket.SachinTendulkar‐ledMCCXIbeatShaneWarne‐ledRestoftheWorldXIinLord’sinLondon,UK.2. NovakDjokovicbecomesworldnumberoneafterWimbledonvictory.

ATPtop5asofJuly71.NovakDjokovic 2.(1)RafaelNadal 3.RogerFederer4.StanWawrinka 5.TomasBerdych

3. SerenaWilliamsoftheUnitedStateshasretainedtopspotinthelatestworldrankingsreleasedbytheWTA.WTAtop5asofJuly71.SerenaWilliams.2.LiNa,China3.SimonaHalep4.PetraKvitova5.AgnieszkaRadwanska,

4. JituRaiistheworld’sNo1airpistolshooter:AfterwinningthreemedalsintheISSFWorldCupsinMunichandSloveniarecently,in‐formIndianshooterJituRaiachievedtheworld’snumberonerankinginairpistolevent.

5. SainaNehwaldefeatedCarolinaMarinofSpaintowinAustralianOpenSuperSeriestitle6. WorldNumberoneMagnusCarlsenbaggedtheFIDEWorldRapidChessChampionshiptitleinDubai.

Note:AremianFabianiCaruanacamesecondwhileIndia’sVishwanathanAnandwonthebronzemedalatthethirdplaceinthetournament.

7. NicoRosbergwinsAustrianGrandPrixTitle2014.8. 35thNationalGamestobeheldinKeralanextyear.

Note:SachinTendulkaristhebrandambassadorof35thNationalGames.9. PankajAdvaniwinshismaidenIBSF6‐RedWorldSnookertitleinEgypt10. DipikaPallikal&JoshanaChinapawinwomen'sSquashdoublestitleinMalaysia.11. Left‐armspinnerMuraliKartikannouncedhisretirementfromallformsofcricket.12. SardarSinghtoleadIndianHockeyTeaminCommonwealthGames.13. JituRaibecamefirstIndianshootertowinthreemedalsin

successiveISSFShootingWorldCup.14. JituRaiwonSilvermedalin10mairpistolatMunichShooting

WorldCup.15. IndiabeatSouthKorea3‐0,tofinishninthinhockeyWC.s16. ChinadefeatedJapantowonUberCup2014ofbadminton17. JapandefeatedMalaysiatoliftmaidenThomasCup

Badmintontrophy2014.18. JapanbeatAustraliainWomen'sAsianCupFootballfinal.19. IndianbattingstarViratKohlihasbeenratedsecondbehindBritishFormulaOneracerLewisHamiltoninthelistofmost

marketableathletesbytheUKmagazine,'SportsPro'.20. SnookerChampionChitranominatedforArjunaAwards201421. MadhyaPradeshHockeyAcademy(MPHA)defeatedJharkhand5‐2towinthefourthHockeyIndiaSub‐JuniorGirls

NationalChampionship(DivisionA)inPune22. MercedesdriverNicoRosbergofGermanywonMonacoGrandPrixofFormulaOne23. HashimAmlaappointedasnewtestcaptainofSouthAfricancricketteam.24. AbdeVilliersnamedSouthAfricanCricketeroftheYear25. TriplejumperArpinderSinghbreaksnationalrecord,qualifiesforGlasgowCommonwealthGames26. DanielRicciardowontheCanadianGrandPrix2014.27. Women’sWorldT202014:AustraliadefeatEnglandinthefinaltowinthetitleforthethirdtimeinarow.28. AsiaCupTitle2014:SriLankadefeatPakistantowinthetitle.29. RanjiTrophy2014.KarnatakabeatMaharashtratoliftthetitle.Karnatakahavewonthetrophyforseventhtime.30. IraniTrophy2014:KarnatakawonbydefeatingRestofIndia.31. IndiaclaimU‐19AsiaCuptitlebydefeatingPakistaninfinal32. VijayHazareTrophy2014:KarnatakawonthetitlebydefeatingRailways33. GrantFlowernamedasPakistanbattingcoach.34. 68thSantoshTrophy:MizoramdefeatRailwaystowinthetitle.

 

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Note:ThisisthemaidenSantoshTrophyforMizoramalsothiswasthefirstappearancefortheminthefinalmatch.35. PankajAdvaniwonCCIBiliardstitle.Hedefeatedtwo‐timeworldrunner‐upDhruvSitwala36. NationalWomen'sFootballchampions2014:ManipurdefeatedOrissainthefinal.37. DeodharTrophy2014:WestZoneliftedthetrophyafterdefeatingNorthZoneinthefinal38. MalaysianGrandPrix2014:Britain'sLewisHamiltonwonthetitle.39. SyedMushtaqAliT20trophy:BarodabeatUttarPradeshtowinthetrophy.40. WorldSnookertitle2014:MarkSelbyofEnglandwonmaidentitle.41. ViratKohliisnumber1ODIbatsmaninlatestICCrankings42. SaeedAjmaltopbowlersinODIranking.HeisfollowedbyDaleSteynandSunilNarinwhileRavindraJadejaisatfourth.43. ChitraMagimairajWinsWorldWomen'sSeniorsnookertitle44. PunjabwonJuniorNationalHockeyTitle2014bydefeatingOdishainthefinal.45. NovakDjokovicwonIndianWellsfinalbydefeatingRogerFederer.46. India'sHeenaSidhuclinchedWorld'sNo.1spotin10mtsairpistolevent.47. USsprintstarTysonGayhasreceivedaone‐yeardopingbanfromtheUSAnti‐DopingAssociation.48. DarrenSammyretiresfromtestcricketbutremainsT20captain.49. RonnieO’SullivannamedasSnooker’sPlayeroftheYear.50. LasithMalinga,newcaptainofSriLankaT20team51. NewZealand'sKiwiKathyCrossbecamethefirstwomantobeinductedinanICCumpires'panel52. SainaNehwalwonSyedModiInternationalIndiaGrandPrixGoldbadmintoncrownbydefeatingPVSindhuinLucknow.53. DelhiWaveridersbeatJaypeePunjabWarriorstolifts2ndeditionofHockeyIndiaLeaguecup.54. NetherlandsbeatNewZealandtowinmaidenHeroHockeyWorldLeaguetitle55. AdityaJoshiisworldNo.1juniorshuttler.56. IndiadefeatPakistantoliftKabaddiWorldCup2013title.57. IndiadefeatNewZealandtowinWomen'sKabaddiWorldCup2013forthethirdtimeinarow

NewsRelatedToDefence&Technology

1. IndiasuccessfullylaunchedPSLVC‐23with5satellites:ISROsuccessfullylaunched5foreignsatellitesfromfourcountriesonboardPSLV‐C23rocketwhichplacedtheminorbit.TherocketwaslaunchedfromSatishDhawanSpaceCentreinSriharikota.ISRO’sPolarSatelliteLaunchVehiclePSLV‐C23placedallfivesatellitesintotheirrespectiveorbits.Note:i.SPOT7:Frenchsatellite,itwillbepartoftheexistingEarthobservationsatellite.IthasbeenbuiltbyEuropeanspacetechnologycompanyAirbusDefenceandSpace.ii.AISAT:Germannano‐satellite,tofocusontheglobalsea‐trafficmonitoringsystemwithspecialemphasisonhightrafficzonesusingAISsignals.iii.NLS7.1andNLS7.2:Canadiansatellite,theywillperformTwo‐spacecraftprecisionformationflyingusingdifferentialGPSwithcentimetre‐levelrelativepositionandsub‐metrelevelaccuratepositioncontrolsystem.iv.VELOX‐1:Singaporeansatellite,itisatechnologydemonstratorforin‐housedesignofimagesensor,MEMS‐basedattitudedeterminationandcontrolsystemandinter‐satelliteRFlink.

2. Indiasuccessfullytest‐firedanadvancedversionofthe290‐kmrangeBrahMossupersoniccruisemissilefromChandipur‐on‐SeaoffOdishacoast.

3. Bolivialaunchedcountry’sfirsttelecommunicationsSatelliteTupakKatariNote:CapitalofBolivia:Sucre,President:EvoMorales

4. IRNSS—1A,IRNSS‐1B‐India'snavigationsatellite.5. PakistansuccessfullytestfiresHaft‐III(Ghaznavi)ShortRangeSurfacetoSurfaceBallisticMissile.Range290km6. Indo‐NepaljointmilitaryexerciseEx‐SuryaKiranDrillsVIheldatSaljhandiinRupandehidistrict.7. Thelargest130‐MWSolarPowerPlantofIndiaWelspunSolarMPProjectwaslaunchedatBhagwanpurinNeemuch,

MadhyaPradesh

 

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8. NTPCsignedaMemorandumofUnderstanding(MoU)withBiharStatePowerGenerationCompanyLimited(BSPGCL)andLakhisaraiBijleeCompanyPrivateLimited(LBCPL)todevelopa1320MW(2X660MW)ThermalPowerProjectatKajrainLakhisaraidistrictofBihar.

9. NathpaJhakriHydroPowerStationawardedagoldshieldon4February2014foritsmeritoriousperformancein2013‐14.NathpaHydropowerStationconsecutivelythirdtimereceivedtheaward.Note:TheNathpaJhakriDamisaconcretegravitydamontheSatlujRiverinHimachalPradesh.

10. INSVikramadityaentersIndianNavy'sareaofoperation.INSVikramaditya(R33)isaProjectwhichenteredintoservicewiththeIndianNavyin2013.TheshiphasbeenrenamedinhonourofVikramaditya,alegendary1stcenturyBCemperorofUjjain,India.

11. FastPatrolVesselAbhinav,theIndianCoastGuardShipcommissionedinKochi12. GSLV‐D5launchplacesIndiaineliteleagueoftheU.S.,Russia,France,JapanandChinaTheGSLVisdesignedtoinjectits

passengerspacecraftintotheintendedGeosynchronousTransferOrbitwithacombinationofsolid,earth‐storableliquidandcryogenicpropellantsinitsfirst,secondandthirdstages,respectively.

13. IndianmissiontoMarsblastsoffsuccessfully.TheMarsOrbiterMission,knownas"Mangalyaan".Note:i.OnlytheUnitedStates,RussiaandtheEuropeanSpaceAgencyhavebeensuccessfulinthismission.ii.TheUnitedStatesistheonlynationthathassuccessfullysentroboticexplorerstolandonMars,themostrecentbeingCuriositywhichtoucheddowninAugust2012.

14. IRNSS‐1A,India'sfirsteverdedicatedNavigationsatellitelaunchedblastedofffromtheSatishDhawanSpaceCentreinSriharikota.

15. INSVikramadityajoinIndianNavy.INSVikramadityaisaKievclassaircraftcarrierwhichwascommissionedbyRussianNavyin1987underthenameBaku.

16. Missiles:1.Nuclear‐capable'Agni‐V'testedforsecondtime.'Agni‐V'long‐rangeballisticmissile.strikerangeofmorethan5000kmNote:IntheAgni(SurfacetoSurfacemissile)series,IndiaatpresenthasAgni‐1with700kmrange,Agni‐2with2000kmrange,Agni‐3andAgni‐4with2500kmtomorethan3500range.Agni–Vmorethan5000kmPrithvi:1.PrithviI‐150km2.PrithviII‐350km 3.PrithviIII‐350km‐600km

ImportantDamsinIndia: TehriDam:onBhagirathiRiver,Uttarakhand BhakranangalDam:onSutlejRiver,PunjabandHimachal

Pradesh. HirakudDam:onMahanadiRiver,Orissa NagarjunasagarDam:onKrishnaRiver,AndhraPradesh SardarSarovarDam:onNarmadaRiver,Gujarat

NuclearpowerplantsinIndia: Naroraatomicpowerplant‐Narora,UP Rajasthanatomicpowerplant:Rawatbhatta,Rajasthan Tarapuratomicpowerplant‐Maharashtra Kakarparatomicpowerplant‐Gujarat Madrasatomicpowerplant‐Tamilnadu Kaigaatomicpowerplant‐Karnataka Kundankullam:TamilNadu

FolkdancesinIndia Bhangra:Punjab. Changu:OdissaandAndhraPradesh Gair:Rajasthan. Garba:Gujarat. Ghoomar:Rajasthan. Karagam:TamilNadu. Dumhal:Kashmir. Lavani:Maharashtra Odissi:OrissaClassicaldancesinIndia Kathak:UttarPradesh. Bihu:Assam BharatNatyam:TamilNadu.. Kuchipudi:AndhraPradesh. Kathakali:Kerala. Chhau:Orissa,BiharandWestBengal Rauf–Jammu&Kashmir

 

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ImportantWildlifeSanctuaryinIndia:

KazirangaWildlifeSanctuary‐Assam ManasWildlifeSanctuary‐Assam GirNationalPark&WildlifeSanctuary‐Gujarat SundarbansNationalPark‐WestBengal PeriyarNationalParkandWildlifeSanctuary–Kerala KanhaNationalPark‐MadhyaPradesh BandhavgarhNationalPark‐MadhyaPradesh

RanthamboreNationalPark&WildlifeSanctuary‐Rajasthan

BharatpurBirdSanctuary‐Rajasthan TalChapparWildlifeSanctuary‐Rajasthan SariskaWildlifeSanctuary‐Rajasthan ChilkaLakeBirdSanctuary–Odissa NandankananZoo–Odissa CorbettNationalPark‐Uttrakhand

InformationbasedonAgriculture:

Top3productionstatesandcountries:

Wheat–State‐ 1.UttarPradesh 2. Punjab 3. HaryanaCountry‐ 1.China 2. India 3. USA

Rice–State 1.WestBengal 2.AndhraPradesh 3. UttarPradeshCountry‐ 1.China 2.India 3. Indonesia

Sugarcane–States‐ 1.UttarPradesh 2. TamilNadu 3.MaharashtraCountry‐ 1.Brazil 2.India 3. China

Jute–State‐ 1.WestBengal 2. Bihar 3.AssamCountry‐ 1.India 2.Bangladesh 3. China

Milk–State‐ 1.UttarPradesh 2. Rajasthan 3.AndhraPradeshCountry‐ 1.India 2. UnitedStates 3. China

Cups&Trophies:InternationalAzlanShahCup‐ HockeyAsiaCup– Cricket,HockeyAshes: CricketAustralianOpen– LawnTennisChampionsTrophy: Hockey/CricketCorbittonCup: TableTennis(Women)DavisCup: LawnTennisDerby: HorseRaceFrenchOpen– LawnTennisFIFAWorldCup: FootballJoharCup– HockeyMerdekaCup: FootballRyderCup: GolfUberCup: Badminton(Women)ThomasCup: Badminton(Men)SharjahCup‐ CricketNationalAghaKhanCup: HockeyC.K.NayduTrophy: Cricket

DeodharTrophy: CricketDilipTrophy: CricketD.C.M.Cup: FootballDurandCup: FootballDhyanChandTrophy: HockeyGavaskar–BorderTrophy‐ CricketlraniTrophy: CricketLalBahadulShastriCup– HockeyMCCTrophy: HockeyNehruTrophy: HockeyRanjiTrophy: CricketRohintonBariaTrophy: CricketRoversCup: FootballSantoshTrophy: FootballSingerCup‐ CricketSaharaCup‐ CricketSubrotoCup: FootballVijayMerchantTrophy: CricketWellingtonTrophy: RowingWillsTrophy: Cricket

 

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HeadquarterofInternationalOrganisation UNO ‐NewYork UNICEF ‐NewYork UNESCO –Paris WHO –Geneva UNFPA ‐NewYork SAARC –Kathmandu WorldBank‐WashingtonD.C ADB ‐Manila IMF ‐WashingtonDC WTO –Geneva(Switzerland) OrganizationofthePetroleumExportingCountries–

(OPEC) Vienna(Austria) AssociationofSouthEastNations(ASEAN)–Jakarta

(Indonesia) NATO(NorthAtlanticTreatyOrg)–Brussels(Belgium) Asia‐PacificEconomicCooperation(APEC) –Singapore UnitedNationsConferenceonTradeandDevelopment

(UNCTAD) –Geneva

UnitedNationsIndustrialDevelopmentOrganization(UNIDO)–Vienna

InternationalCourtOfJustice‐TheHague(Netherland) InternationalAtomicEnergyAgency–Vienna InternationalCommitteeoftheRedCross –Geneva InternationalMaritimeOrganisation–London FoodandAgriculturalOrganisation–Rome(France) WorldMeteorologicalOrganisation‐Geneva AmnestyInternational–London CommonwealthofNations –London

ImportantCurrenciesCountry CurrencyAAfghanistan‐‐ Afghan AfghaniArgentina‐‐ PesoAustralia‐‐‐ DollarAustria ‐‐‐‐ European euroBBangladesh‐‐‐ TakaBhutan ‐‐‐‐ NgultrumBrazil ‐‐‐ RealCCanada‐‐‐‐ DollarChile‐‐‐‐ PesoChina ‐‐‐ YuanCuba ‐‐‐ PesoDDenmark‐‐‐ Krone

EEgypt ‐‐‐ PoundFFrance ‐‐‐ EuroGGermany‐‐‐ EuroHHongKong‐‐‐ DollarIIndia ‐‐‐ RupeeIndonesia‐‐‐ RupiahIMF ‐‐‐ Special DrawingRightsIran‐‐‐ RialIraq ‐‐‐ DinarJJapan ‐‐‐ YenLLithuania‐‐‐ Euro

MMalaysia‐‐‐ RinggitMaldives‐‐‐ RufiyaaMexico ‐‐‐ PesoNNepal ‐‐‐ RupeeNetherlands‐‐ EuroNorway‐‐ KroneNorthKorea‐‐ WonPPakistan‐‐ RupeePhilippines‐‐‐ PesoPortugal‐‐‐‐ EuroQQatar‐‐‐‐ RiyalRRussia ‐‐‐‐ RubleSSaudiArabia‐‐Riyal

Singapore‐‐ DollarSouthAfrica‐‐ RandSouthKorea‐‐ WonSriLanka‐‐ RupeeSwitzerland‐ FrancSyria ‐‐‐ PoundT Thailand‐‐‐ BahtTurkey ‐‐‐ LiraUUkraine‐‐‐ HryvniaUAE ‐‐ DirhamUK ‐‐ PoundUSA ‐‐‐ DollarVVatican‐‐‐ EuroZZimbabwe‐‐ Dollar

ImportantDaysofJune/July&August‐June‐5‐June WorldEnvironmentDay8‐June ‐WorldOceanDay12‐June‐WorldDayagainstChildLabour14‐June‐WorldBloodDonorDay15‐June‐WorldElderAbuseAwarenessDays

17‐June‐WorldDaytoCombatDesertificationandDrought20‐June‐WorldRefugeeDay21‐June‐WorldMusicDay23‐June‐InternationalOlympicDay,UNPublicServiceDay26‐June‐InternationalDayagainstDrugAbuseandIllicitTrafficking

 

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July‐1‐July‐Doctor’sDay11‐July‐WorldPopulationDay12‐July‐MalalaDay18‐July‐NelsonMandelaInternationalDayAugust–6‐Aug‐HiroshimaDay9‐Aug‐NagasakiDay12‐Aug‐InternationalYouthDay15‐Aug‐IndianIndependenceDay18‐Aug‐Intl.DayoftheWorld’sIndigenousPeoples19‐Aug‐WorldHumanitarianDay20‐Aug‐RajivGandhiSadbhavanaDivas29‐Aug‐NationalSportsDay

ABBREVIATIONINNEWS

1. ALM‐AssetLiabilityManagement2. AML–AntiMoneyLaundering3. KYC–knowYourCustomer4. ASBA:ApplicationSupportedbyBlockedAmount

BSBDA‐BasicSavingsBankDepositAccount5. IFSC–IndianFinancialSystemCode6. CBS:CoreBankingSolution7. RTGS‐RealTimeGrossSettlement8. SLR‐StatutoryLiquidityRatio9. CAR–CashAdequacyRatio10. MSF‐MarginalStandingFacility11. NBFC‐NonBankingFinanceCompanies12. PIN:PersonalIdentificationNumber13. CCEA–CabinetCommitteeonEconomicAffairs14. CECA‐ComprehensiveEconomicCooperationAgreement15. CEPA–ComprehensiveEconomicPartnershipAgreement16. DTAA–DoubleTaxationAvoidanceAgreement17. ECBs‐ExternalCommercialBorrowings18. EEFC‐ExchangeEarner'sForeignCurrency19. EFSF–EuropeanFinancialStabilityFacility20. FEMA‐ForeignExchangeManagementAct21. FII–ForeignInstitutionalInvestor.22. FINO‐FinancialInclusionNetworkOperation23. FIPB–ForeignInvestmentPromotionboard24. FSLRC–FinancialSectorLegislativeReformsCommission25. CRAR:CapitaltoRisk‐weightedAssetsRatio26. SWIFT:SocietyforWorldwideInterbankFinancialTelecommunication27. DEAF:DepositorEducationandAwarenessFund28. NEFT‐NationalElectronicFundsTransfer29. DICGC:Depositinsuranceandcreditguaranteecorporation.30. FCNR(B)‐ForeignCurrencyNon‐ResidentBank31. LCR:LiquidityCoverageRatio32. IMPS:InterbankMobilePaymentService33. TARC‐TaxAdministrationReformCommission34. LRMT:Liquidityriskmonitoringtools

 

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35. ECB‐ExternalCommercialBorrowings36. MIBOR:MumbaiInter‐BankOfferRate37. LIBOR:LondonInter‐BankOfferRate38. LAF–LiquidityAdjustmentFacility39. GIRO‐GovernmentInternalRevenueOrder40. FRBMA:FiscalResponsibilityandBudget

ManagementAct41. AMFI‐AssociationofMutualFundinIndia.42. TIEA–TaxInformationexchangeAgreement43. FTA‐Freetradeagreement44. GAAR‐Generalantiavoidancerule45. GSLV‐Geo‐SynchronousLaunchVehicle46. NCTC‐NationalCounter‐TerrorismCentre47. NSG–NuclearSuppliersGroup48. PPP–PublicPrivatePartnership&PurchasingPowerparity49. PSLV–PolarSatelliteLaunchvehicle50. TAPI‐Turkmenistan‐Afghanistan‐Pakistan‐India.51. QFI‐QualifiedForeignInvestors52. REER:RealEffectiveExchangeRate

SomeGeneralAwarenessQuestionsaskedinSBIPOExam:

BelowwehaveprovidedsomeGeneralAwarenessQuestionswhichwasaskedinrecentSBIPO2014Exam.ThesequestionswillbehelpfulinyourSBIClerk2014Exam.

1. NarendraModiwassworninasIndia:15thPM2. FirstWhiteLabelATM'Indicash'unveiledby:Tata

CommunicationPaymentSolutionsLtd.3. Anti‐TerrorismDay:21May4. InflationinIndiaismeasuredin:CPI5. Maximumallowabletransactionlimitatatimeincaseof

NEFT?–Nolimit6. Afteritstenandhalfyearsserviceinorbit,on1stApril

2014ISROdecommissionedwhichCommunicationSatellite:INSAT3E

7. WinnerofThomascup2014:Japan8. YoungestfemaleclimberintheworldtoscaleMount

Everest:MalavathPurna9. PulitzerPrize2014winner‐VijaySeshadri10. DadasahebPhalkeAward2013‐Gulzar11. Nuclearsecuritysummitheldin:Hague(Netherland)12. RuPaycarddevelopedby:NationalPayment

CorporationofIndia(NPCI)13. CommitteetoreviewGovernanceofBoardsofBanksin

India:PJNayak14. WhichsatelliteislaunchedbyIndiainrecent

month:IRNSS–1B15. Playingtowinbookauthor:SainaNehwal16. WhatisStaleCheque:Achequethat’sdateispast3

monthsisconsideredstaleandwilloftennotbehonoredforcashordepositatabank.

17. WhoisnewArmyChiefofIndia:Lt.GenDalbirSinghSuhag

18. WhatisBancassurance:thesellingoflifeassuranceandotherinsuranceproductsandservicesbybankinginstitutions.

19. Citieswhere10Rsplasticnoteswillbeintroducedforfieldtrial:Jaipur,Shimla,Bhubaneshwar,MysoreandCochin.

20. FlyingtestbedaircraftdevelopedbyHALandhandedovertoDRDO‐NABHRATHNA

21. SecondIndianfirmtobefeaturedinForbesGlobal2000list:SBI(StateBankofIndia)

22. FinanceMinistrydirectedallPSBstomaintainwhat%ofCASA:40%

23. AuthorofBook:TheHimalayanFaceoff:ShishirGupta24. Atwhichratereservebankgiveloanstocommercial

bank:Reporate25. Foreigncurrencyexchangedrateiscalled:Forexrateor

ForeignExchangerate26. Whowonnationalwomenfootball

championship:Manipu27. APJAbdulKalamwasawardedwithKnighthoodAward.

KnighthoodAwardwasgiveninwhichfield:awardedonmerit,forexceptionalachievementorservice.

28. Worldenvironmentdaycelebratedon‐5thJun29. MICRcodeconsistsof_____digits‐9digits30. WhatistheNameofChiefjusticeofIndia?–RMLodha

 

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31. FullformofSLR–StatuatoryLiquidityRatio32. CRRiskeptwith‐RBI33. Whichcountrychangestheirnationalflagrecently:New

Zealand34. IfliquidityexceedswhatRBIwilldo?–Increasethe

Reporatesandsubsequentlyall otherrateswillincrease.

35. World’shighestbuilding‐Burjkhaleefa36. Fastestmodeoftransfer‐throughmobilemode37. MinimumlimitinRTGS–2Lakh38. NewPakistanEnvoytoIndia‐AbdulBasit39. Australianswimmerwhoundergoneshouldersurgery–

IanThorpe40. Ranbaxyisthecompanyof–SunPharma41. Whichbankcannotissuecertificateofdeposit–RRB’s

andlocalareabank42. Whatistermdeposit?–FixedDepositsandRecurring

Deposit.43. Fastestmodeoftransaction:RTGS

44. InternationalWomen’sdayiscelebratedon:8thMarch45. RBImeasuretoliquidatethemarket:Reporate46. CommonWealthGames2014willbeheldin:Glasgow,

Scotland47. Cadbury'sIndianewname:MondelezIndiaFoodsLtd48. IIFAInternationalEntertainer:JohnTravolta49. WhoisthechairmanofTATAGROUP‐CyrusMistry50. FullformofEFT:ElectronicFundTransfer51. Alphanumericcodeoncheque?IndianFinancialSystem

Code(IFSC)isanalphanumericcodeisprintedoncheque.

52. Bankpaysinterestonsavingsaccount?DailyBasis53. Functionofbankingombudsman?–tohandle

grievancesbetweenbankandcostumers.54. AuthorwhogotPadmabhushan?RuskinBond55. WorldSeniorSnookerWomenChampion:Chitra

Magimairaj56. WhowonFrenchopenMen’sTitle–RafalNadal57. Nametheleaderofantiapartheidmovementinwho’s

honourawardisbeingnamed:NelsonMandela58. CASAfullform:CurrentAccountSavingAccount

59. G7summitheldin:Brussels(Belgium).60. FormerIndiancaptaininMudgalcommittee:Sourav

Ganguly61. .MaximumamountdrawnthroughATMinaday?–50

thousand62. FromJuly1stRBIinstructedaboutATMof‐talking

ATMswithBraillekeypad63. IPL‐7finalheldin–Bangalore64. .Newbanklicenseperiod‐18months65. EnvironmentalawardgiventoRameshAgarwalfor:For

fightagainstcoalmininginChhattisgarh66. .Newbanklicensespaidupcapital‐500cr67. NewLokSabhaSpeaker‐SumithraMahajan68. ExpandECB‐Externalcommercialborrowings69. InhowmanyphaseLokSabhaelectionswereheld:9

phases70. AsiangamesafterwhichcountrywithdrawalIndiaready

toconduct?Vietnam71. FCNR,NRIaccountscanmaintainwith:TermDeposits

with1yearandmaximumtermof5years.72. FullformsPKI:PublicKeyInfrastructure73. ExpandASBA:ApplicationSupportedbyBlocked

Amoun74. DepositorEducationandAwarenessFund(DEAF)is

maintainedwith:RBI75. Brandambassadorofnationalgames:SachinTendulka76. Commercialpaperinmultiplesof:Rs.5lakhormultiples

thereafter77. AimofRBItoallow10yearstoopensavingsaccount:to

encouragechildrentostartsavingearly78. Kepler8Bis:thefifthofthefirstfiveexoplanets

discoveredbyNASA'79. FirstwomenjudgeofPakistan:AshrafJehan80. WhatisBrazuca:Brazucaistheofficialmatchballof

the2014FIFAWorldCup81. AttorneygeneralofIndia‐MukulRohatgi82. Cauveryriverdisputecommittee‐JusticeBSChauhan83. RunnerTeamofIPL7–KingsXIPunjab84. WriterofGodofSmallThings:ArundhatiRoy85. WinnerofUberCup2014:China86. Winnerof2014Asiancricketaward:MSDhoni87. Bankingombudsmanofficerisappointedby–RBI88. ShielaDixitisGovernorofwhichstate:Kerala89. IPLspotfixingcommitteeisheadedby:MukulMudgal

 

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90. Whoisauthoristhebook"2States":ChetanBhagat91. CTSFullForm:ChequeTruncationSystem92. RBIwascreatedunder:ReserveBankofIndiaAct,

193493. PresidentofIndianOlympicassociation:N

Ramachandran94. Exchangeofcashflowindifferentcurrency:Swap95. IndianOilplanstobuildRs30,000crorerefinery

at:Mundra,Gujarat96. InBRICS,Sdenotestowhichcountry:SouthAfrica97. Assetwhichstopperformingafter90daysisknown

as:NonPerformingAsset98. HighestPollutionStateaccordingtoCensus2011:UP

(UttarPradesh)99. TRAIfullform:TelecomRegulatoryAuthorityofIndia100. KaigaNuclearpowerplantinwhichstate:Karnataka101. WhoisnewlyappointeddeputyGovernor–RKGandhi102. IBSAfullform–India,Brazil,SouthAfrica

ALLTHEBESTTOALLTHEASPIRANTSFORSBICLERK2014EXAM!!!


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