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    GK POWER CAPSULE FOR IBPS CLERK EXAM 20141.  Former Supreme Court judge CK Prasad is set to be appointed as the next Chairperson of the Press Coun

    of India. Prasad will succeed Justice Markenday Katju as the Chairman of the PCI. 

    2.  The fourth largest private bank (post merger with ING Vysya) received approval from RBI to form

    100% subsidiary to enter general insurance industry, which is currently growing at a Rs. 77,000 cropremium per annum.

    3.  The bank already has a tie up with Tata AIG General Insurance Company to sell and distribute its produc

    Kotak also has a Life insurance unit called Kotak Mahindra Old Mutual Life Insurance Ltd, a joint ventbetween Kotak Mahindra Bank and South Africa-based Old Mutual Public Ltd.

    4.  Kathak queen Sitara Devi died. She was 94. She was honored with the Legends of India Lifeti

    Achievement Award 2011 for her contribution to the classical dance genre for over six decades.5.

      Adani Group-owned Dhamra Port Company Limited (DCPL) would invest around Rs 7000 crore expansion of cargo handling facility.i. Gujarat-based Adani group bought out L&T and Tata Steel's shares in the company in March 2014 at enterprise value of Rs 5500 crore.ii . Following the acquisition, the second phase of development was to be initiated within 90 days acompletion targeted in 30 months.iii. This continued expansion will allow Dhamra port to exceed 100 million tonnes of cargo capacity by year 2020.Note:The port, situated between Haldia in West Bengal and Paradip in Odisha, was mostly handlcargo like coal and limestone.

    6. 

    Nepal has given an Indian company permission to build a 900 megawatt hydropower plant. i. The two countries will sign an agreement for the $1.04 billion project, which provides Nepal with frelectricity and India energy for its power-hungry economy.ii.  The project, which will be built by Satluj Jal Vidyut Nigam (SJVN) Limited, was originally cleared2008 but never implemented after Kathmandu lobbied for greater benefits.

    7.  GMR Infrastructure has received the Securities and Exchange Board of India approval to rise

    to Rs. 1,500 crore through rights issue.i. In a rights issue, shares are issued to existing investors as per their holding at a pre- determined prand ratio. 

    8.  An Indian Railways team is in China to chalk out plans for conducting feasibility study to build the 1,7km-long Delhi-Chennai high-speed train corridor; world's second largest bullet train line.i.The proposed corridor could be the second largest in the world after China's 2,298 km-long BeijinGuangzhou line which was launched last year. Running at a speed of 300 km per hour, it covers tdistance in about eight hours.Note: India is currently considering two corridors for highspeed trains. While Japan is conducting feasibility studyfor the Bullet train project in Mumbai-Ahmadabad

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    corridor, China will do the same for the Delhi-Chennai route which expected to begin by early next year.

    9.  Imaging and information technology solutions provider

    Ricoh India on Tuesday said that it has got a dealworth Rs. 1,370 crore from Department of Posts tomodernize post offices through automation.i.  Under the project, Ricoh India will supply, install and

    maintain services of hardware, peripheral devices andoperating system.ii. The primary goal of the Rural ICT project is to improve thequality of service, provide more value added services andachieve ‘financial inclusion’ of un-banked rural population.Note:  “India Post is an iconic organization in India, thelargest such network in the world and playing a crucial rolein the socio economic development of rural India, touchingthe lives of common man

    10. Three global organizations, the World Toilet Organisation(WTO), WASTE and the Financial Inclusion Improves

    Sanitation and Health  (FINISH), signed a memorandum ofunderstanding (MoU) to end open defecation in India. Theagreement is for three years. They share the common goal ofmaking sanitation accessible and affordable to all citizens.

    11. International Day for the Elimination of Violence againstWomen observed across the world on 25 November 2014.i.The campaign called Orange Your Neighborhood to raise awareness against Gender-Based Violence wbe held from 25 November to 10 December 2014.ii. The campaign is part of Secretary-General Ban Ki Moon's campaign UNiTE to End violence againWomen. 

    12. Lahore-based author Bilal Tanweer on 24 November 2014 won the 2014 Shakti Bhatt First Book Prize

    his novel The Scatter Here Is Too Great (Random House India).13. West Bengal Governor Keshari Nath Tripathi was appointed as Governor of Bihar Housing finan

    company DHFL announced to name Shah Rukh Khan as its brand ambassador.14. China beats India in November FII inflows: HSBC 

    i.  According to the global financial services major, after two consecutive months of sell-offs, FIIs hawarmed up to Asian equities and all markets have received positive flows in November as the regirecorded net inflows of $5.3 billion, out of which India attracted $1.4 billion.ii. Among Asian economies, China regained the top position as the ‘most loved’ market, pushing Indown to second position in the region, while Thailand was placed at the third spot.

    15. 

    Modi proposes SAARC business traveler card i. Prime Minister Narendra Modi on Wednesday proposed a SAARC business traveler card 3-5 years making it easier for traders and merchants in the region to travel and access one another’s markets. 

    16. State Bank of India to launch Islamic equity fund i. State-owned bank will launch an Islamic equity fund next month aimed primarily at the country's 1million Muslims. SEBI recently allowed the government-owned State Bank of India BSE 0.41 % and thmutual funds to launch Sharia funds. Note: India is only the second country outside the Islamic world where a state-owned bank is offerinSharia-compliant fund. The U.K. issued sovereign Islamic bonds in June.

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    17. 

    Kotak Mahindra Bank is the first bank to fully own an insurance businessi. Kotak Mahindra Bank BSE 0.07 % on Tuesday became the first bank to get the Reserve Bank of Indi(RBI's) permission to set up a wholly-owned non-life insurance company.ii. The bank is already the promoter of a life insurance company in partnership with Old Mutual of SouAfrica.Note: i. RBI guidelines allow a bank to hold max 50 per cent   in insurance joint venture. However, Rallowed some exceptions, like SBI and ICICI Bank. In both these partnerships, the banks hold 74 per cent

    ii. Kotak General Insurance will be the 29th non-life company in the country. The last non-life insurerget permission from the regulator was Cigna TTK — a health insurance company.iii. The last company to set up a full-fledged general insurance business was Liberty Videocon GeneInsurance.

    18. Canara Bank has signed a memorandum of understanding with Micro Energy Credits Corporationfinance bank customers buying energy efficient ‘green’ products such as cook stoves, solar home system

    biogas digesters and water purifiers. The partnership has identified Chitradurga district in Karnatakapromote such green products on a pilot basis.

    19. The Lok Sabha today passed the Delhi Special Police Establishment (Amendment) Bill, 2014 by voice voAs per the new provisions, CBI director will be selected by a panel which will comprise of Prime MinistLeader of Opposition in the Lok Sabha or the leader of the Single largest party in the House a

    Chief Justice of India or any Supreme Court Judge.20. Haryana government reversed the retirement age of government employees from 60 to 58 years. It a

    reversed the retirement age of Class IV, visually impaired and handicapped employees from 62 to years.

    21. United Nations (UN) Women announced the appointmentof Indian tennis superstar and youth icon, Sania Mirza, asits Goodwill Ambassador for South Asia. The organizationis dedicated to gender equality and women’s

    empowerment. She became the first South Asian woman tobe appointed as a Goodwill Ambassador. The otherGoodwill Ambassadors include British actor Emma Watson, Academy Award winner Nicole Kidman, H

    Princess Bajrakitiyabha Mahidol of Thailand, and Indian actor-filmmaker-singer Farhan Akhtar.22. Boxer Manoj Kumar today received the prestigious Arjuna Award from Sports Minister Sarbanan

    Sonowal.the 2010 Commonwealth Games gold-medalist, was bestowed with the honor in a functorganized in the National capital.

    23. Michael Phelps was crowned Male Athlete of the Year at the 2014 USA Swimming Golden Goggle AwarHe was crowned with the title for a fifth time. Earlier, he won the title in 2004, 2007, 2008 and 2012. was awarded with the title despite being suspended from competition for six months after a drunkdriving arrest in September 2014.

    24. Ms Deborah, a tribal girl from Andaman and Nicobar Islands has created history in National Level winning four Gold Medals in the Track Asia Cup Cycling Championship 2014 which concluded at IndGandhi Stadium, New Delhi.

    25. 

    The SAARC Framework Agreement on Energy (Electricity) Cooperation was signed among the SAAmember countries. Chairperson Sushil Koirala also announced that the 19th SAARC Summit will be heldIslamabad in 2016. 

    26. SAARC countries today signed a framework agreement on cooperation in power sector but failedfinalise the much-awaited motor vehicle and railway pacts for greater people-to-people contact amovement of goods due to opposition from Pakistan. A time period of three months have been set approval to the Motor Vehicle and Railway pacts.

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    27. Australia Test cricketer Phillip Hughes passed away today inSydney in a Sheffield Shield match.

    28. 

    Sanskrit to be 3rd language in Classes 6-8 in KV: Centreto SC

    29. President of India Pranab Mukherjee penned a book titledThe Dramatic Decade: The Indira Gandhi Years, published byRupa.

    30. 

    Biography My Name is Abu Salem released written by SHussain Zaidi and published by Penguin.

    31. Punjab National Bank (PNB) on Wednesday said it willcontinue giving free transactions to all saving bank accountcardholders using PNB ATMs, irrespective of the number oftransactions.

    32. To provide liquidity to retail investors investing in long-termbonds issued by banks for financing infrastructure andaffordable housing, the Reserve Bank of India said banks canextend loans to individuals against these bonds. such loansshould be subject to a ceiling, say, Rs. 10 lakh per borrower,

    and tenure of loan should be within the maturity period ofthe bonds.The RBI also stated that banks are not permitted tolend against such bonds issued by other banks.

    33. Trilochan Sastry, Professor in Quantitative Methods andInformation Systems, Indian Institute of ManagementBangalore (IIMB), has been awarded the 11th ‘Bharat Asmita’,an honor instituted by the Pune-based MIT group of institutions.

    34. 

    Pakistani actress Veena Malik sentenced to 26 years in jail for blasphemy i. Pakistani actress Veena Malik, Mir Shakil-ur-Rahman, owner of Geo TV and Jang group, Malik’s husbaAsad Bashir Khan and TV host Shaista Wahidi were sentenced to 26 years and also imposed a 1.3 milliin jail on 26 November 2014 by an Anti-Terrorism Court (ATC) of the Gilgit region of Pakistan.

    35. 

    The Reserve Bank of India has issued final norms for payment banks and small finance banks that wouldallow mobile firms and supermarket chains, among others, to enter the banking arena to cater toindividuals and small businesses. The move aims at deepening financial inclusion and boost savinghabits. Shriram Capital, Janalakshmi Financial Services, Magma Fincorp and Muthoot Finance, amongothers, are expected to throw their hats into the ring to set up small banks.The Department of Posts,Bharti Airtel, Vodafone India, Tata Teleservices, Western Union and online digital payment players suchPaytm, Oxigen and MobiKwik have expressed interest in floating payment banks.Companies will have toapply by January 16, 2015, for licences in both categories.Key

    i. The small bank will primarily undertake basic banking activities of acceptance of deposits and lendito un-served and under-served sections, including small business units, small and marginal farmers,micro and small industries and unorganized sector entities.ii. Small banks will be required to maintain a minimum capital adequacy ratio of 15 per cent of the loaon a continuous basis. In the draft guidelines, the RBI had suggested that small banks would havrestricted area of operations (possibly contiguous districts in a homogenous States). However, in the finguidelines, these restrictions have been removed. The small bank will be required to extend 75 per centits credit to the priority sectorPayment Banks:

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    i. Payments banks can accept deposits — current and savings bank — from individuals, small businesand other entities but cannot provide  loans.. However, they cannot accept non-resident Inddeposits.The payment bank will initially be restricted to holding a maximum balance of Rs1 lakh pindividual customer.While the bank can issue ATM/debit cards, it cannot issue credit cards.It can controutside liabilities (deposits) but not exceeding 33.33 times (against 20 times in the draft guidelines) net worth.

    36. Country's economic growth has declined to 5.3 per cent during July to September, from the previo

    quarter's 5.7 per cent.the manufacturing sector, which accounts for about 15 per cent of India's grodomestic product rose by 0.1 per cent during the quarter from the previous period's 3.5 per ceAgriculture sector growth declined to 3.2 percent against 3.8 percent.

    37. India today signed a Memorandum of Understanding, MoU, with Mozambique for cooperation in the fiof oil and gas. The MoU was signed in the presence of Minister of State for Petroleum and Natural GDharmendra Pradhan in New Delhi.

    38. Former Uttar Pradesh chief secretary Anoop Mishra was appointed as new Secretary General of the LSabha. He was appointed by Lok Sabha Speaker Sumitra Mahajan.

    39. 

    Historian Tapan Raychaudhuri died 40.

     Namsai officially became the 18th district of Arunachal Pradesh. The Chief Minister of Arunachal PradeNabam Tuki made the declaration.

    41. 

    European Union lawmakers overwhelmingly backed a motion urging anti-trust regulators to break Google.

    42. The book titled Your Dreams Are Mine Now: She Showed him What Love was authored by Ravinder Sinwas released.he book titled Black Tornado: The Three Sieges of Mumbai 26/11 authored by Sandeep Unnithan.

    43. 

    Crime novelist PD James died at the age of 94 44. RBI eased gold imports and scrapped 20:80 scheme. The decision to withdraw the 20:80 scheme will c

    smuggling of gold and raise legal shipments into India.45. Beijing banned smoking in all indoor public spaces like workplaces and public transport vehicles and

    will be effective from 1 June 2015.46. Next China-India War- World's First Water War –  authored by General S. Padmanabhan released 

    47. 

    NASA celebrated the 50th anniversary of its first mission to Mars, Mariner 4 mission on 28 Novemb2014. Mariner 4 mission launched on 28 November 1964 was the NASA’s first successful journey to Mar

    48. 

    India and Nepal launched the first ever bus service between the two countries.To begin with daily buwill ply between Delhi and Kathmandu. Later, there will be similar buses which will ply on two othroutes - Delhi-Pokhara and Varanasi- Kathmandu.

    49. Former Union Minister GK Vasan, who split from the Congress, has revived the Tamil Maanila Congress

    50. Prime Minister Narendra Modi flagged off the first train from Mendipathar in Meghalaya to Guwahati.51.

     

    Theatre personality Veenapani Chawla passes away 52. Russian film “Leviathan” by Andrey Zvyagintsev won the best film award comprising Golden Peacock a

    Rs.40 lakh at the 45th International film Festival of India.ii. Mr. Alexey Serebryakov from the “Leviathan” also shared the best male actor award in the Cimenathe World competition.

    53. Book titled Letters for a Nation written by Jawaharlal Nehru & Madhav Khosla   was published Allen Lane an imprint of Penguin Books .

    54. Mumbai, Kolkata most vulnerable to loss of life,properties due to coastal flood: United NationsFramework Convention on Climate Change (UNFCCC).

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    55. Country's biggest oil company Indian Oil Corporation is looking at setting up a greenfield refinery on tWest coast as part of its expansion plans.Indian Oil Corporation Chairman B Ashok said there is a need green field refinery by 2021-22. After setting up of Paradip Refinery in East coast, focus is now on settiup of a refinery in West coast region.

    56. Dubai to invest $32-billion to build world’s largest airport .The Dubai International Airport is tworld’s second busiest airport after the London Heathrow.

    57. The new natural gas price of USD 5.61, which is already among the lowest in Asia Pacific, is likely to dr

    to around USD 5 per unit in three years due to the variables included in the formula, Goldman Sachs hsaid.

    58. PV Sindhu today bagged the Macau Open Grand Prix Gold Badminton title for the second consecutive tidefeated Korean Kim Hyo Min

    59. 

    Israeli cricket umpire Hillel Oscar dies after being struck by ball 60.

     Officials from over 190 nations, including India converged in Lima at the UN climate summit to negotiaon a new ambitious and binding deal to cut global carbon emissions .During the 12-day summit in Peruvian capital, countries will put forward what they plan to contribute to the 2015 pact in the formIntended Nationally Determined Contributions (INDCs) by the first quarter of 2015, well in advance of tParis conference in December.  Environment Minister Prakash Javadekar leads India's 17- membdelegation to negotiate terms for the final agreement to be signed in Paris, which will take effect in 2020

    61. 

    Tabare Ramon Vazquez Rosas won Uruguay Presidential Election 2014.Vazquez belongs to the lefBroad Front coalition party of Uruguay.replaed Jose Mujica who was barred by law from running fosecond consecutive term.

    62. Prime Minister Narendra Modi on Monday dedicated to the nation the second unit of the 726 MW gbased power plant at Palatana in Tripura. A host of dignitaries from India and Bangladesh, whfacilitated transportation of heavy machineries to the plant, were present on the occasion.

    63. Focusing on improving connectivity to the Northeast, PrimeMinister Narendra Modi said the Centre would provide Rs28,000 crore for laying new railway lines in the region anddevelop the untapped tourism potential of the area.PrimeMinister said that the Centre has sanctioned Rs 5000 crore to

    provide 2G mobile coverage in this area for comprehensivetelecom development plan of the northeast region.The PrimeMinister said his government has decided to set upa National Sports University in Manipur and the people of theregion will be great beneficiaries.

    64. 

    The Economic Times Awards for Corporate Excellenceannounced i. The Economic Times Awards for Corporate Excellence wasannounced.The awards were announced in the following category:Business Leader of the Year – Dilip ShanghviCompany of the Year – Tata Consultancy ServicesEmerging Company of the Year – Adani Ports & SEZGlobal Indian of the Year – Satya NadellaStartup of the Year – ZomatoBusiness Reformer of the Year – UK SinhaCorporate Citizen of the Year – Tata SteelLifetime Achievement  – Yusuf Hamied

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    Entrepreneur of the Year - Dhiraj Rajaram and Chandra Shekhar GhoshThe award was sponsored by Standard Chartered Bank. Since 2012, Standard Chartered Bank has bethe presenting sponsor of The Economic Times Awards for Corporate Excellence.

    65. 

    Egypt court declared Islamic State of Iraq and Syria a terrorist group 66. Former Arunachal Pradesh CM Jarbom Gamlin passes away 67.

     

    ICC names SAP SE as analytics and cloud partner for 2015 World Cup 68. UAE captain Khurram Khan became the oldest player to score a century in ODI against Afghanis

    in Dubai. 69. Mascot for the 2016 European football championship named Super Victor.The name for the carto

    character boy dressed as a footballer in blue and white with a red cape and number 16 jersey wpreferred to Driblou and Goalix. Euro 2016 will take place in France from 10 June 2016 to 10 July 2016.

    70. Former Indian football captain Baichung Bhutia has been conferred with the Asian Football Confederat(AFC) Hall of Fame Award.He received the award in Manila, Philippines on the occasion of afc's 60anniversary. FIFA President Sepp Blatter presented the award to Baichung, the only Indian in the AFHall of Fame.

    71. 

    RBI keeps interest rate unchanged i. RBI in its fifth bi-monthly monetary policy statement kept the policy rates unchanged.ii.  The headline inflation has been receding steadily, and current readings are below the January 20

    target of 8 per cent as well as the January 2016 target of 6 per cent,'' the RBI said.72. Former Prime Minister Atal Behari Vajpayee's birthday on 25th December would be observ

    as national 'Good Governance Day'.73.

     Senior Congress leader, former Maharashtra Chief Minister, A R Antulay passed ..74.

     India today successfully test-fired its nuclear-capable strategicballistic missile Agni-IV, with a strike ranof about 4,000 km, from a test range off the Odisha coast.This was the fourth trial of Agni-IV missile. Tlast trial was carried out successfully on January 20 this year from the same test range off Odisha coasta

    75. Film artist of Ireland Duncan Campbell Turner Prize 2014 for a video called It For Others. The vidreflects on African art and includes a dance sequence inspired by Karl Marx. He received the prize25000 pounds at Tate Britain in London.

    76. Rajdeep Sardesai penned the book titled 2014: The Election That Changed. 

    77. 

    Veteran music critic SV Krishnamurthy passed away 78. The Prime Minister of Taiwan Jiang Yi-huah on 29 November 2014 resigned after election loss. He l

    his first election since protests erupted over a controversial TRADE deal with mainland China.79. Bollywood actor Deven Varma passes away. He shot to fame with his performance in 1975 film Ch

    Mera Kaam, which bagged him his first Filmfare Award for Best Comedian.80.

     

    Russia launched new generation GLONASS-K navigation satellite  from the Plesetsk space centreRussia’s northwestern Arkhangelsk region.This is the fifth launch of a Global Navigation Satellite Syst 

    satellite (GLONASS) from the Plesetsk space centre. The first launch of a GLONASS satellite from Plesettook place on 26 February 2011.

    81. 

     Anil Sinha takes over as new CBI Chief . Mr. Sinha is the third consecutive chief of the agency from Bihfollowing Ranjit Sinha and A.P. Singh

    82. 

    SBI Cards ties up with Future Group  company Fashion at Big Bazaar (FBB) to offer a branded CREDIT CARD, ‘Styleup’. 

    83. 

    World Bank, ADB to assist AP in Hudhud cyclone reliefworks. The World Bank Country Director is Omno Rahland Country Director of Asian Development Bank (ADB) isTheresakho.

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    84. 

    Central Bank to raise Rs. 626.23 cr from preferential issue to LIC. The capital raising committee of board approved raising of additional equity capital by issuance of up to 8.28 crore shares at Rs. 75.5equity, Central Bank of India said in a statement.

    85. 

    Bank of Bahrain and Kuwait Delhi branch offers full-fledged services 86. India has showed some improvement in addressing corruption this year, ranking 85th among 1

    countries as against 94th last year, graft watchdog Transparency International India (TII).Denmretained its position as the least corrupt country in 2014 with a score of 92 while North Korea and Soma

    shared the last place, scoring just 8, it said.Cricket world bids tearful adieu to Phil Hughes at Macksville.

    87. 

    Canara Bank has been conferred with the Niryat Bandhu Silver Trophy in the in the banks category its support services rendered for promotion of exports.

    88. 

    India celebrates 43rd Navy Day; President, PM salute devotion of Navy personne.89.

     

    Union Finance Ministry constituted High Level Committee to interact with trade and industry on trelated issues on a regular basis. The high level committee will be headed by former Chief Econom

     Advisor (CEA) Ashok Lahiri.The HLC will give recommendations to the Central Board of Direct Tax(CBDT) and the Central Board of Excise and Customs (CBEC) for issuance of appropriate clarifications way of circulars, instructions on tax issues.

    90. Justice Krishna Iyer passes away 

    91. 

    Prince of Gujarat: The Extraordinary Story of Prince Gopaldas Desai released  authored by RajmohGandhi.

    92. 

    India, Japan to cooperate in the fields of Cyber security and Green Information and CommunicatTechnology, ICT.

    93. 

    East Zone lifts Deodhar Trophy  cricket tournament, beating West Zone by 24 runs at the WankheStadium in Mumbai

    94. India's S Ravi in ICC panel of umpires for World Cup 95.

     

    Narndra Modi named 'Asian of the Year' by Singapore'sStraits Time.

    96. 

    RBI relaxed norms for Pre-paid Payment Instruments (PPIs) and doubled the limit to one lakh rupees  from

    50000 rupees.Highlights of RBI norms on PPI i.  The maximum validity of gift cards has been enhancedfrom one year to three years. Other provisions of PPIguidelines with respect to gift cards will continue.ii.  RBI also allowed issue of multiple PPIs by banks fromfully-KYC compliant bank accounts for dependent or familymembers.Only one card can be issued to one beneficiary.Thecentral bank also permitted banks to issue rupeedenominated PPIs for visiting foreign nationals and NRIs.

    97. RBI issued guidelines for setting up a trading platform fortrade receivables and bills of exchanges of Micro and Smalland Medium Enterprises - MSME.The Trade ReceivablesDiscounting System - TReDS should have a minimum paid upequity capital of 25 crore rupees and non-promoters wouldnot hold over 10 per cent of the equity capital of TReDS.

    98. 

    HDFC Bank rules out a JV for payment bank  

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    99. National Rifle Association of India ,NRAI, chief Raninder becomes first elected Indian in ISInternational Shooting Sport Federation committee 

    100. 

    Private entity cannot hold more than 26%  stake in public-private joint ventures for coal bloallocations. However, if it is more than one private sector entity, the structure should be such that its stadoes not exceed 49 per cent.A total of 92 blocks are being offered under the first round.

    101. 

     Air India, NBCC National Buildings Construction Corporation Limited sign MoU for development ofAir India at various locations on joint venture basis.

    102. 

    PSU bank ATMs will be able to print in Hindi soon 103.  Ashton Carter new US defense secretary to replace Chuck Hagel as US Defence Secretary.104.

     

     Arun Duggal appointed as non-executive Chairman of Credit rating agency ICRA. He will replaPranab Kumar Choudhury who will resign from ICRA Limited and all other affiliated entities on January 2015.

    105. 

    ICICI Bank ties up with price comparison app Zopper for offline and online. 106. ICICI Bank sells Russian subsidiary Russian subsidiary ICICI Bank Eurasia to Sovcombank  107.

     

    Govt appoints Dinesh Kumar as CEO of Polavaram Project108.

     

    Orion spacecraft marks dawn of new chapter in space exploration: US NASA’s unmanned spacecrcompleted its first test flight.Orion is expected to take up its first crew in 2021.

    109. Fifth World Cup Kabaddi begins at Jalandhar in Punjab. 19 teams from 15 nations are participating

    the tournament. These include 11 Men's and 8 women's teams.Prize worth 5.27 crore rupees are up grabs in team and individual events.

    110. 

    Kotak Mahindra Bank launches savings bank account for customers of 55 years and abovAccording to the release, customers will earn 6 per cent pa on savings balance of over Rs 1 lakh andper cent on balances up to Rs 1 lakh.To earn higher return on their balances, they can sign up for tKotak ActivMoney facility, which converts savings account balance above a certain amount into tedeposits.

    111. 

    India sets new world record for largest human flag  formed by over 50,000 volunteers, beating tprevious record held by Pakistan.

    112. 

    Modi, Mukesh Ambani most searched personalities in 2014: Yahoo 113. Dev Shah becomes world champion in Under-7 category in World Schools Chess Championshi

    at Juiz de Fora in Brazil.114. Mandatory for PSUs from 1st April, 2015 to procure 20 percent of products manufactured

    MSME: Govt  115. India forex reserves up $ 1.432 billion to $ 316.311 billion i. India's forex reserves surged by 1.432 billion US dollar to 316.311 billion dollar in the week ended 28

    November.The country's gold reserves remained unchanged at 19.738 billion dollar. The SpecDrawing Rights increased by 6.4 million dollar to 4.229 billion dollar, while the country's reserposition with the IMF also rose by 2.5 million dollar to 1.521 billion dollar during the week.

    116. Indian Blind Cricket Team lifts World Cup after defeating Pakistan in Cape Town, South Africa .117.

     India’s communication satellite GSAT-16 launched from Kourou in French Guiana functioninormally. GSAT 16 has highest number of 48 transponders that will be used for television, telephoand internet applications.

    118. Kumar Sangakkara became fourth batsman to complete 13000 ODI runs 119.

     

     Amos Meindi of Kenya won 29th Pune Internationalfull Marathon 

    120. 

    Carnatic vocalist Nedanuri Krishnamurthy died 121.

     

    Uber taxis banned in Delhi, company blacklisted 122. Modi wins TIME readers’ poll for ‘Person of the Year’. 

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    123. 

    Satyarthi, Malala to receive Nobel awards onWednesday

    i. Child rights activists India’s Kailash Satyarthi and Pakistan’sMalala Yousafzai, along with 11 others will receive thisyear’s Nobel Prizes.The Nobel Laureates take centrestage in

    Sweden’s capital Stockholm and Norwegian Oslo, where

    they will receive the Nobel medals, Nobel diplomas and

    documents confirming the Nobel Prize amount.ii. Satyarthi, 60, and Yousafzai, 17, will share the $1.1-million

    Peace Prize at Oslo, while all the other awards will bepresented in Stockholms.

    124. 

    Gwladys Nocera of France won Hero Women's IndianGolf Open 2014  at the Delhi Golf Club. She received theprize money of 300000 US dollars.

    125. 

    Subramanian Committee on Leveraging the Post OfficeNetwork submitted report to the Union Ministry ofCommunications and Information Technology.Theobjective of the Committee was to transform the Post Office

    Network in keeping with changing market trends andcompetition.

    126. 

    Hockey Olympian Grihanandan Singh died 127.

     

    Warren buffet became second richest person of World He replaced Carlos Slim, business magnate of Mexico. BillGates is the world richest person. 

    128.  Andhra Pradesh Government signed MoU with Singapore for development of its new capital tis set to come up near Vijawayada region.

    129. Richard Rahul Verma -US Ambassador to India replaced Kathleen Stephens.130.

     

    Human Rights Day observed globally on 10 December- theme for the 2014 Human Rights DayHuman Rights 365.

    131. 

    SBI launches first homegrown economic indicator  the SBI Monthly Composite Index and the SYearly Composite Index that will primarily track manufacturing activity and offer a forward-lookeconomic trends.

    132. India’s second most “up and coming” destination for expats after China : HSBC 133.

     

    India’s GDP may grow 5-6% in 2015: Moody’s 134.

     

    BHEL commissioned 28 MW Nyaborongo Hydro Electric Project in Rwanda on turnkey basis.135. Ministry of Railways inaugurated Wi-Fi broadband services at New Delhi railway station 136.

     

     Azim Premji awarded Swiss Ambassador's Award  in Mumbai for inspirational and sociaresponsible leadership.

    137. 

    Veteran Journalist Piratla Venkateswarlu passed away 138. A US-based intelligence think tank has placed Pakistan eighth in the list of the most dangerous countr

    in the world which is led by Iraq.Afghanistan, the only other South Asian country in the list, is placfourth in the Country Threat Index.

    139. 

    Ebola fighters named Time's 2014 'Person of the Year' 140. Russia agrees with India to construct 12 nuclear reactors  India over 20 years, under an agreeme

    aimed at boosting nuclear energy cooperation signed by the two countries.141.

     The UN's annual economic report yesterday said that growth edged up in 2014 at an estimated percent. The UN is forecasting 3.1 percent economic growth in 2015 and 3.3 percent growth in 2016.

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    142. 

    India likely to improve economic growth to 6.3% in2016: UN.India is estimated to record a 5.4 percenteconomic growth this year and its GDP will improve to5.9 per cent next year and to 6.3 per cent in 2016.

    143. Bhutan became 181st member of MultilateralInvestment Guarantee Agency (MIGA).  A, agency ofWorld Bank.MIGA is the political risk insurance and credit enhancement arm of the World Bank Grou

    Benefits of becoming a member i. The move will allow the private sector and corporations of a country to explore external commercborrowing (ECB).Once a member of MIGA, the private sector and corporations in the country will hathe option of directly applying to MIGA for issuance of guarantee to attract Foreign Direct Investme(FDI).

    144. 

    Pioneer of home video game console Ralph Henry Baer died 145. Randhir Singh appointed as honorary member of International Olympic Committee (IOC) in Mona146.

     

     Anurag Jain appointed as joint Secretary in Prime Minister's Office (PMO) of India.147.

     

    Tata Power acquired 540 MW thermal power plant for 3000 crore rupees in Maharashtra.With tdeal, Tata Power aimed to increase its total capacity to 8885 MW.

    148. Delhi HC banned Xiaomi to sell phones in India over patent issue with Ericcson.  LS passes bill

    204 coal block allocations. 149. 22 states, UTs support bill to prevent 'honour killings'. 150.

     Russian President Vladimir Putin, offered the Ruias-promoted Essar Group a $1-billion credit line and$8-billion crude supply contract.The steel-to-oil Indian conglomerate signed two separate agreemewith St Petersburg-based Vneshtorgbank (VTB) and Moscow-based Rosneft.

    151. 

    Dineshwar Sharma has been appointed as the next chief of Intelligence Bureau(IB). he wsucceed Syed Asif Ibrahim whose tenure ends on December 31.

    152. 

    Ruhi Singh won Miss Universal Peace & Humanity 2014. at Beirut, Lebanon among the 145 othcountries.

    153. 

     Asha Bhosle awarded DIFF Lifetime Achievement Award 2014 at the 11th Dubai International FFestival (DIFF) held in Dubai.Along with her, another Egyptian actor Nour El-Sherif was also receiv

    the DIFF Lifetime Achievement Award for his work on over 100 films.154. Oil India signs contract for two oil blocks in Myanmar 155.

     

    ONGC declares interim dividend, notifies 3 discoveries  in Krishan Godavari Basin and Mumoffshore and it will pay its shareholders an interim dividend of 100 per cent.

    156. 

    India’s Forex reserves down $1.64 billion plunged $867.4 million at $289.95 billion.The valuespecial drawing rights (SDRs) was lower by $21.6 million at $4.20 billion.Gold reserves for the weunder review were down by $753.2 million at $18.98 billion.

    157. 

    Lima talks: New draft text introduced without consultation.190 countries  gathered at the UClimate Change Conference in Lima, Peru to work on drafts for a global climate deal that is supposedbe adopted next year in Paris.Developing countries have been opposing the mitigation centric approaof the developed countries which are not ready to commit to financial targets or technology transfer.

    158. 

    Central Sydney under Siege:Terrified hostages cowered inside a cafe in central Sydney with an Islamflag displayed against a window at the Lindt chocolate café.

    159. 

    Rahman and Jal for Oscars:rehman his third Oscar nomination in the best original score category afmaking it to the list of 114 probables.while Hindi film Jal also features in the long list of best pictuOscar hopefuls.Jal features in the best picture list as an independent submission, while India wofficially be represented at the Academy awards in the best foreign feature category by Liar’s Dice. 

    160. PM Narendra Modi launched Born Again on the Mountain by Arunima Sinha 

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    161. 

    Miss South Africa Rolene Strauss crowned Miss World 2014 at the final of the beauty pageant heldLondon, UK. Miss Hungary, Edina Kulcsar, was the runner-up and Miss United States, Elizabeth Safcame third in the 64th annual competition, contested by women from 121 countries.

    162. 

    Miss World 2014: Aishwarya Rai Bachchan felicitated  by the Miss World Organisation at the 64edition of the international beauty pageant for her commitment to “beauty with a purpose” sin

    winning the crown two decades ago.163. Wholesale inflation hits zero, lowest in over 5 years.The Wholesale Price Index (WPI) based inflat

    was at 1.77 per cent in October and 7.52 per cent in November 2013.164.  Anil Ambani led Reliance Group has sold its multiplex business to South India-based Carnival Group

    the largest ever deal in this space.165. World Hockey Body Suspends Two Pakistani Players Following Obscene Gestures..Muhamm

    Tousiq and reserve goalkeeper Ali Amjad were handed a one-match ban that sidelined them from tfinal.

    166. Germany beat Pakistan 2-0 to win Champions Trophy.it was Germany's 10th Champions Troptitle.

    167. 

     Anerood Jugnauth appointed as Mauritius Prime Minister by the President Purryag by replacPrime Minister Navinchandra Ramgoolam.