gk power capsule for sbi po 2014

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www.bankersadda.com | www.careerpower.in | www.careeradda.co.in GK CAPSULE FOR SBI PO 2014 Exam Current RBI Policy & Reserve Rates: Repo Rate 8% (Unchanged) Reverse Repo 7% (Unchanged) CRR 4% (Unchanged) SLR 23% (Unchanged) MSF 9% (Unchanged) Bank Rate 9% (Unchanged) Note: As on 1 April 2014, RBI (Reserve Bank of India) in its first bimonthly monetary policy statement kept the key policy rate (repo) unchanged. About Policy Rates 1. Basis points: It is the increase in interest rates in percentage terms. For instance, if the interest rate increases by 50 basis points (bsp), then it means that interest rate has been increase by 50%. One percentage point is broken down into 100 basis points. Therefore, an increase from 2% to 3% is an increase of one percentage point or 100 basis points. 2. CRR: Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks. The current rate is 4%, which means for a cash deposit of Rs. 100, the bank has to park 4 rupee with the central bank. 3. Repo rate: Repo rate is the policy rate and is part of RBI’s Liquidity Adjustment Facility (LAF). It is the rate at which commercial banks borrow from the RBI by selling their securities or financial assets to the RBI for a short‐period of time. It comes with an agreement that the sold securities will be repurchased by the commercial banks from the RBI at a future date at predetermined price. The repo rate is used by the central bank to increase liquidity in the system. 4. Reverse repo rate: Reverse Repo Rate is also a part of LAF. It is the rate of interest at which the central bank borrows funds from other banks for a short duration. The banks deposit their short term excess funds with the central bank and earn interest on it. This rate is used by the central bank to absorb liquidity from the economy. Generally it is one percentage less than the Repo rate. 5. Bank rate: The only way the bank rate is different from the repo rate is that the bank rate is the rate at which banks borrow money from the central bank without any sale of securities. It is generally for a longer period of time 6. Marginal Standing Facility: The Reserve Bank of India in its monetary policy for 2011‐12 introduced the marginal standing facility under which banks could borrow funds from RBI when there is a considerable shortfall of liquidity. This measure has been introduced by RBI to regulate short‐term asset liability mismatches more effectively. Under this facility, banks can borrow up to 1% of their net demand. This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This document consists of all important news and events of last few months which can come in SBI PO Exam.

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    GKCAPSULEFORSBIPO2014Exam

    CurrentRBIPolicy&ReserveRates:

    RepoRate 8%(Unchanged)

    ReverseRepo 7%(Unchanged)

    CRR 4%(Unchanged)SLR 23% (Unchanged)MSF 9%(Unchanged)BankRate 9%(Unchanged)

    Note:Ason1April2014,RBI(ReserveBankofIndia)initsfirstbimonthlymonetarypolicystatementkeptthekeypolicyrate(repo)unchanged.

    AboutPolicyRates

    1. Basispoints:Itistheincreaseininterestratesinpercentageterms.Forinstance,iftheinterestrateincreasesby50basispoints(bsp), thenitmeansthatinterestratehasbeenincreaseby50%.Onepercentagepointisbrokendowninto100basispoints.Therefore,anincreasefrom2%to3%isanincreaseofonepercentagepointor100basispoints.

    2. CRR:CashreserveRatio(CRR)istheamountoffundsthatthebankshavetokeepwithRBI.IfRBIdecidestoincreasethepercentofthis,theavailableamountwiththebankscomesdown.RBIisusingthismethod(increaseofCRRrate),todrainouttheexcessivemoneyfromthebanks.Thecurrentrateis4%,whichmeansforacashdepositofRs.100,thebankhastopark4rupeewiththecentralbank.

    3. Reporate:ReporateisthepolicyrateandispartofRBIsLiquidityAdjustmentFacility(LAF).ItistherateatwhichcommercialbanksborrowfromtheRBIbysellingtheirsecuritiesorfinancialassetstotheRBIforashortperiodoftime.ItcomeswithanagreementthatthesoldsecuritieswillberepurchasedbythecommercialbanksfromtheRBIatafuturedateatpredeterminedprice.Thereporateisusedbythecentralbanktoincreaseliquidityinthesystem.

    4. Reversereporate:ReverseRepoRateisalsoapartofLAF.Itistherateofinterestatwhichthecentralbankborrowsfundsfromotherbanksforashortduration.Thebanksdeposittheirshorttermexcessfundswiththecentralbankandearninterestonit.Thisrateisusedbythecentralbanktoabsorbliquidityfromtheeconomy.GenerallyitisonepercentagelessthantheReporate.

    5. Bankrate:Theonlywaythebankrateisdifferentfromthereporateisthatthebankrateistherateatwhichbanksborrowmoneyfromthecentralbankwithoutanysaleofsecurities.Itisgenerallyforalongerperiodoftime

    6. MarginalStandingFacility:TheReserveBankofIndiainitsmonetarypolicyfor201112introducedthemarginalstandingfacilityunderwhichbankscouldborrowfundsfromRBIwhenthereisaconsiderableshortfallofliquidity.ThismeasurehasbeenintroducedbyRBItoregulateshorttermassetliabilitymismatchesmoreeffectively.Underthisfacility,bankscanborrowupto1%oftheirnetdemand.

    ThisGKCapsulehasbeenpreparedbyCareerPowerInstituteDelhi(FormerlyKnownasBankPower).ThisdocumentconsistsofallimportantnewsandeventsoflastfewmonthswhichcancomeinSBIPOExam.

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    7. LiquidityAdjustmentFacility:Underthisfacility,banksborrowfromthecentralbankbypledginggovernmentsecurities.8. StatutoryLiquidityRatio:Thisisthepercentageofdepositsthatbanksmustmandatorilyholdintheformofgovernment

    bonds.SLRbondsareliquidassetsthatcanbesoldatashortnoticetomeetanyunexpecteddemandfromdepositors.

    NewsrelatedtoRBI:

    1. RBI,hasdecidedthatIndiancompanieswillnotbepermittedto

    raiseExternalCommercialBorrowingsfromoverseasbranchesorsubsidiariesofIndianbanksforrefinanceorrepaymentoftheRupeeloansraisedfromdomesticbankingsystem.

    2. RaghuramRajan,theGovernoroftheReserveBankofIndia(RBI)announcedthatplasticcurrencynoteswillbelaunchedin2015afterfieldtrials.

    3. RBIpanelheadedbyexChairmanofAxisBank,P.J.Nayakrecommendfordilutinggovtstakeinpublicsectorbankstobelow50%.Thegovernmentshouldcutitsholdinginpublicsectorbankstounder50percent,aReserveBankofIndia(RBI)panelreportonTuesdaysaid,criticisingthewayinwhichthelendersarenowbeinggoverned.

    4. ReserveBankofIndiagrantedbankinglicencestoinfrastructurefinancingfirmIDFCandmicrofinanceinstitutionBandhanfromamong25applicantsthatincludedcorporateheavyweightsADAGGroup,AdityaBirlaGroupandBajajGroup.Note:Theinprincipleapprovalgranted(tothetwoentities)willbevalidforaperiodof18monthsduringwhichtheapplicantshavetocomplywiththerequirementsundertheguidelinesandfulfiltheotherconditionsasmaybestipulatedbytheRBI.ChandraShekharGhosh:CMDofBandhanfinancialservicesDr.RajivB.Lall:ChairmanofIDFCInfrastructureFinanceCompany.

    5. ReserveBankofIndia(RBI)issuedtheguidelinestoallowtheminorsofageabove10yearstoindependentlyopenandoperatesavingsbankaccountsanduseotherfacilitieslikeATMandchequebooks.

    6. RBIextendedthetimelineforfullimplementationofBaselIIInorms31March2019insteadof31March2018.

    7. RBIinconsultationwithUnionGovernmenton1April2014cappedtheWaysandMeansAdvances(WMA)limitsforthefirsthalfofthenewfinancialyear201415(April2014Sep2014)at35000crorerupees.Note:TheinterestrateonWMA/overdraftwillbebasedon:a)WMA:RepoRate.b)Overdraft:TwopercentabovetheRepoRate

    8. RBIextendsdateofexchangingpre2005notestoJan1,2015Note:TheReserveBankhasfurtherclarifiedthatthepubliccancontinuetofreelyusethesenotesforanytransaction.RBIhassaidthatpeoplecanunhesitatinglyreceivethesenotesinpayment,asallsuchnotescontinuetoremainlegaltender.

    9. ReserveBankofIndia(RBI)hikedthetraderelatedremittancelimitfrom2lakhrupeesto5lakhrupeespertransactionwithimmediateeffect.Italsoincreasedthenumberoftransactionhandledbyexchangehouses.

    10. KCChakrabarty,DeputyGovernor,ReserveBankofIndia,hasquitthreemonthsaheadofcompletionofhisterm.11. RBIpegged201415GDPgrowthatacentralestimateof5.5percent.12. Economicgrowthfor201415expectedat5.5pc.13. CADexpectedtocomedownto2pcofGDPin201415.14. Retailinflationexpectedtobeunder6pcin2014.15. RBIpanelheadedbyRBIDeputyGovernorAnandSinhahasrecommendedbringingabenchmarkfloatinginterestrate,

    especiallyforhomeloans.PanelalsosuggestedIndianBanksBaseRate(IBBR).16. ThedeadlineforswitchingtonewformatbankchequesundertheChequeTruncationSystem(CTS)endedon30April2014.17. RBIscraps26%caponinterestrateforMFIs:(RBI)removed26percentcapontheinterestratethatcanbechargedbya

    microfinancecompanytoitsborrowers.MFIisallowedtochargeinterestrateequalto2.75timestheaverageofthebaseratesofthetopfivecommercialbanks.

    18. RBIpermits4nonbankentitiestosetupwhitelabelATMs:TheReserveBankhasissuedcertificateofauthorisationtofournonbankentities:

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    (1)TataCommunicationsPaymentSolutions(2)MuthootFinance,(3)PrizmPaymentServicesand(4)VakrangeeLtd.,tosetupWhiteLabelATMs(WLAs)inthecountry.Note:MostoftheATMsbelongtobanks,butthecashdispensingmachineswhichareownedandoperatedbynonbankingcompaniesarecalledWhiteLabelATMs.

    19. RBIpermitsSreitorolloutwhitelabelATMs:SreiInfrastructureFinanceisplanningtostartrolloutofitswhilelabelATMs(WLAs)betweenJulyandSeptemberstartingwithapilotof200TierIIItownsinUttarPradeshandBihar.

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

    21. Ex-Chairman of Axis Bank, P. J. Nayak is theheadoftheexpertpaneltoreviewbankboardsgovernance.ThepanelwillreviewtheRBI'sregulatoryguidelinesonownershipofbanksandrepresentationintheirboards,amongotherthings.

    22. TheReserveBankofIndiahasraisedtheForeignInstitutionalInvestors,FIIsinvestmentlimitinthePowerGridCorporationto30percentofitspaidupcapital,underthePortfolioInvestmentScheme.

    23. TheReserveBankofIndia(RBI)hasdoubledthesublimitforforeigninvestmentingovernmentsecurities,toUSD10billionbylongterminvestors.RBI'smoveisaimedtoattractmoreforeignfunds.Investorslikesovereignwealthfunds(SWFs),multilateralagencies,insurancefunds,pensionfundsandforeigncentralbanksareconsideredaslongterminvestors.

    24. RBIrelaxesgoldloannorms:TheReserveBankofIndiahasallowedNonBankingFinancialCompanies,NBFCstolendupto75percentofthevalueofgold.Itwas60percentearlier.

    25. RBIpanel(headedbybankerNachiketMor)hassuggestedsettingupofspecialisedbankstocatertolowincomehouseholdstoensurethatallcitizenshavebankaccountsby2016.

    26. TheRBIappointedcommitteeonfinancialinclusionhasrecommendedthatthecentralbankshouldsetupspecialisedbankscalledPaymentsBanktoprovidepaymentservicesanddepositproductstosmallbusinessesandlowincomehouseholds.Thecommittee,headedbyNachiketMor,saidthatsincethenewbankwillbedealingwithpoorcustomers,suchabankmustbeallowedtoacceptamaximumdepositofnotmorethanRs50,000.

    27. TheReserveBankofIndia(RBI)hadsetupapanelunderexecutivedirectorDeepakMohantytoreviewthecurrentsystemofdatacollection,disseminationanddatamanagementprocessesinthecentralbankandimprovetheexistingmechanism.

    28. RBItightensnormsforcreditcardholders:RBIadvisedbankstotreatacreditcardaccountasanonperformingassetifthecustomerfailstopaytheminimumdueamountwithinastipulated90dayperiod.

    HighlightsofInterimBudget2014:FinanceministerPChidambarampresentedhisinterimbudgetfor2014. Fiscaldeficitforcurrentfiscaltobe4.6% Revenuedeficitestimatedat3%forcurrentfiscal ExcisedutyonSUVscutfrom30to24%,inlargeandmidsegmentcarsfrom2724%to2420% Nochangesintaxlawsininterimbudget Excisedutycutfrom12to10percentincapitalgoodssectortostimulategrowth Excisedutyonmobilehandsettobe6%onCENVATcredittoencouragedomesticproduction Rs500croreestimatedrequirementforimplementingonerankonepayschemeforarmedforcesin201415 Rs6000croretoruralhousingfund,Rs2000croreforurbanhousingfund Rs3711croreforminorityaffairs;housingandurbanpovertyalleviationgetsRs6000crore Fiscaldeficittargetof3%tobeachievedby2017 CADwillbe$45billionin201314 Foreignexchangereservesupby$15billion Foodgrainproductionestimatedat263milliontonsin201314 3moreindustrialcorridorsChennaiBangalore,BangaloreMumbai,AmritsarKolkataundervariousstagesof

    implementation GDPgrowthrateinQ3andQ4of201314willbeatleast5.2%

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    FDILimitsSrno. ListofLimitsinVariousSectors(In%)1. Defence 262. Pension 493. Insurance 494. PrintMedia 265. CivilAviation 496. PublicSec.Banks 207. PrivateSec.Banks 748. MultiBrand 519. SingleBrand 10010. Tourism 100

    IndiaGDPForecast: RBIpegged201415GDPgrowthatacentralestimateof5.5% WorldBanklowersIndiasGDPgrowthforecastfor201415at5.7% ADBpegsIndiaGDPgrowthratefor201415at5.5% IMFprojectedGDPgrowthforIndiain201415at5.4%IndiarankingindifferentIndexesfor201314:1. GlobalEnvironmentPerformanceIndex20141552. Intellectualproperty(IP)environment201425(USrankedonthetopfollowedbyUKandFrance)3. WorldPressFreedomIndex2014140inthelistof180countriess4. Nuclearmaterialsecurityindex201423rdoutof25countries5. World'sbestcountriesfordoingbusiness201498th(Irelandtoppedthelist).6. SocialProgressIndex2014:102outof1327. GlobalHungerIndex2013638. WorldProsperityIndex2013106.Norwaytopsthelist.9. GlobalGenderGapReport2013101.Icelandtopsthelist.10. GlobalPeaceIndex201314111. HumanDevelopmentReport201313612. GlobalCorruptionIndex20139413. GlobalCompetitivenessIndex201360for2013(Switzerlandtopinthisreport)14. GenderInequalityIndex2013132nd(UNHumanDevelopment(Index)Report)

    SomeImportantEconomicTerms:

    1. Bond:Acertificateofdebt(usuallyinterestbearingordiscounted)thatisissuedbyagovernmentorcorporationinorderto

    raisemoney;thebondissuerisrequiredtopayafixedsumannuallyuntilmaturityandthenafixedsumtorepaytheprincipal.2. Balancesheet:Recordofthefinancialsituationofaninstitutiononaparticulardatebylistingitsassetsandtheclaimsagainst

    thoseassets.3. BalanceoftradeThepartofanation'sbalanceofpaymentsthatdealswithmerchandise(orvisible)importsorexports.4. Closedeconomy:Aclosedeconomyisoneinwhichtherearenoforeigntradetransactionsoranyotherformofeconomic

    contactswiththerestoftheworld.5. Deflation:Deflationisthecontinuousdecreaseinpricesofgoodsandservices.Deflationoccurswhentheinflationratebecomes

    negative(belowzero)andstaysthereforalongerperiod.6. Debenture:Debentureisaloanissuedbyafirm,involvinggafixedrepaymentschedule,intermsofbothtimeandinterest.7. Debit:Moneypaidoutfromanaccounteitherfromawithdrawaloratransactionthatresultindecreasingthecashbalance.8. Equity:Equityisaonefinancialinstrumentbywhichcompanyinvitethepublictoinvesttheirmoneyinthecompanyand

    investorcanbecomeapartnerofthecompany.Generally,whenthecompanyhaveinsufficientmoneytoexpanditsbusinessitcomeswithequityshares.

    9. EconomicgrowthAnincreaseinthetotaloutputofanationovertime.Economicgrowthisusuallymeasuredastheannualrateofincreaseinanation'srealGDP

    10. ExciseTaxTaxesimposedonspecificgoodsandservices,suchascigarettesandgasoline.11. ExportsGoodsorservicesproducedinonenationbutsoldtobuyersinanothernation.

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    12. Fiscalpolicy:Fiscalpolicydefinestheuseofgovernmentspendingandrevenuecollectiontoinfluencetheeconomy.13. ForeignDirectInvestment(FDI):Investmentofforeignassetsdirectlyintoadomesticcompany'sstructures,equipment,and

    organizations.Itdoesnotincludeforeigninvestmentintothestockmarkets14. ForeignExchange(FOREX):ForeignExchange(FOREX)isthearenawhereanation'scurrencyisexchangedforthatof

    another.15. GDP:GDPstandsforGrossDomesticProduct.Itisamethodofmeasuringthesizeofeconomyofacountry.Wecandefineasthe

    totalmarketvalueofallthegoodsandservicesproducedinagivenperiodoftimeinacountry.16. GNP:Thetotalvalueinmoneyofallfinishedgoodandservicesproducedinaneconomyinonefullyear,andallnetproperty

    incomefromabroad.TheGNPgrowthrateisanimportanteconomicindicatorforcountryseconomicdevelopment.17. Imports:commodities(goodsorservices)boughtfromaforeigncountry.18. Inflation:InflationisasanincreaseinthepriceofbunchofGoodsandservicesthatprojectstheIndianeconomy.Anincreasein

    inflationfiguresoccurswhenthereismoredemandandlesssupplyofthegoods.19. MutualFund:Thereareaccumulationandcollectionofmanydifferenttypesofshares.Itiswheninvestorstogetherwanttobuy

    securitiesasagroup,thisfundcanbecalledamutualfund.Eachandeveryinvestorofthisgrouphasaproportionalstakeinthesharesbasedontheamounthehascontributed.

    20. Monetarypolicy:Itistheprocessbywhichthecentralbank,ormonetaryauthorityofacountrycontrols(i)thesupplyofmoney,(ii)availabilityofmoney,and(iii)costofmoneyorrateofinterest.

    21. NationalincomeTheamountofaggregateincomeearnedbysuppliersofresourcesemployedtoproduceGNP;netnationalproductplusgovernmentsubsidiesminusindirectbusinesstaxes.

    22. PerCapitaIncome:Thetotalnationalincomedividedbythenumberofpeopleinthenation,Itmeanstheshareofeachindividualwhentheincomefromtheproductiveactivitiesisdividedequallyamongthecitizens.

    23. SalestaxTaxespaidonthegoodsandservicespeoplebuy.24. StockAcertificatereflectingownershipofacorporation.25. Tax:Afeechargedbyagovernmentonaproduct,income,oractivity.Iftaxislevieddirectlyonpersonalorcorporateincome,

    thenitisadirecttax.Iftaxisleviedonthepriceofagoodorservice,thenitiscalledanindirecttax.26. VAT:VATistheindirecttaxontheconsumptionofthegoods,paidbyitsoriginalproducersuponthechangeingoodsorupon

    thetransferofthegoodstoitsultimateconsumers.Itisbasedonthevalueofthegoods,addedbythetransferor.Itisthetaxinrelationtothedifferenceofthevalueaddedbythetransferorandnotjustaprofit.Allovertheworld,VATispayableonthegoodsandservicesastheyformapartofnationalGDP.

    27. WholesalePriceIndex(WPI):TheWholesalePriceIndex(WPI)takesintoaccountthewholesalepricesofidentifiedcommoditiesforcalculatingrateofinflation.

    ImportantCommitteesinNews:

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

    2. MPBezbaruah:tosuggestsuitableremedialmeasurestoaddressconcernsregardingsecurityofpeoplefromNorthEast.3. B.Sambamurthy:panelfavourssinglemobilebankingapponallSIMs.Panelrecommendedthatcustomersshouldnotbe

    requiredtovisitthebankbranchformobilenumberregistration.4. BCCIsuggeststhreemancommitteetoSCtoprobeIPLscandal.RaviShastri,formerCalcuttaHighCourtChiefJusticeJN

    PatelandexCBIDirectorRKRaghavanasmembersoftheprobecommittee.5. VijayKelkarCommitteewasappointedbythePetroleumandNaturalGasMinistrytopreparearoadmaptomakeIndiaself

    sufficientinoilandnaturalgasby2030.6. VishnuSahaycommittee:lookprobeintotheMuzaffarnagarcommunalviolence.7. UrjitPatelCommitteetoexaminethecurrentmonetarypolicyframework8. MukulMudgalmemberpaneltoprobeIPLspotfixing9. NachiketMorcommitteeoncomprehensivefinancialservicesforsmallbusinessesandlowincomehouseholds.10. JusticeA.P.Shahcommittee:toheadpanelonroadsafety11. AnilKaushalcommittee:toexaminetherecommendationsmadebytheTRAIonpricingofSpectrum.12. BimalJalanpanel:toscrutinizeapplicationsfornewbanklicenses.13. ParthasarathiShome.forTaxAdministrationReformCommission(TARC),Suggestasystemtoenforcebettertaxcompliance14. KiritParikhpanel:onfuelpricinghassuggestedthatthedieselpricesshouldbeincreasedbyRs11.50alitreeverymonthas

    againstthe4550paisemonthlyhikefollowedcurrently.

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    15. KU.B.Rao:theideaofsettingupBullionBankorBullionCorporationofIndia16. CRangarajanPanelrecommendedthepricingofnaturalgasbya

    complexmethodologyofarrivingatanaverageofInternationalgashubprices.

    17. ArvindMayaramPanel:reportontheallegedirregularitiesattheNationalSpotExchangeLtd(NSEL)

    18. ArvindMayaramCommitteeforgivingcleardefinitionstoForeignDirectInvestment(FDI)andForeignInstitutionalInvestment(FII)

    19. SumaVermaCommitteetoupdate,andrevisetheBankingOmbudsmanScheme,2006

    20. DamodranCommittee:onimprovementofcustomerservicesinbanks

    21. ShriM.NarasimhamCommittee:onBankingSectorReforms22. ShriRaghuramRajanCommittee:onFinancialSectorReforms,23. ShriB.MahapatraCommittee:toreviewtheexistingprudential

    guidelinesonrestructuringofadvancesbybanks/financialinstitutions

    24. ShriAdityaPuriCommittee:DisseminationofCreditInformation25. ShriK.U.B.RaoCommittee:recommendedaligninggoldimport

    regulations26. KMChandrasekharcommittee:forrationalizationofforeign

    investmentnorms27. ShriPulakKumarSinhaCommittee:tostudythefeasibilityof

    Aadhaarasanadditionalfactorforauthenticationofcardpresenttransactions

    28. MukulMudgalCommittee:lookingintoUSgiantWalmart'slobbyingactivitiestoenterIndia

    29. MBNRaoCommittee:topreparetheblueprintofIndiasfirstwomensbank

    30. JSMathurcommittee:toreviseNewspaperAdvertisementRates.31. K.RatnaPrabha:Committeeonindecentdepictionofwomenin

    media

    NewsRelatedtoBanking&Finance1. Indiarecentlylauncheditsownpaymentgateway'RuPay',equivalentofVisaandMastercard,whichwillworkonATMsand

    merchantoutletsandhelpinreducingcashtransactions.Note:i.RuPay,whichworksonthreechannelsATMs,PointofSales(POS)andonlinesales,istheseventhsuchpaymentgatewayintheworld.ii.TheRuPayplatformdevelopedbyNationalPaymentsCorporationofIndia(NPCI)isbeingusedbycertainbankslikeICICI,StateBankofIndia,PunjabNationalBank,amongothers,forclearingandsettlement.

    2. Indiabecamethirdlargesteconomyin2011from10thin2005:WorldBank.3. Note:Indiaemergedastheworldsthirdlargesteconomyin2011frombeingthe10thlargestin2005,movingaheadofJapan,

    whiletheUSremainedthelargesteconomycloselyfollowedbyChina,latestfigureshaverevealed.4. GovtacceptsSahoopanelreportonreviewofdepositoryreceiptsscheme.Thekeyrecommendationsofthecommitteeinclude

    allowingissuanceofdepositoryreceiptsagainstanyunderlyingsecuritiesequityordebt,byanyissuerlistedorunlisted.Note:Depositoryreceiptsarereceiptsdenominatedinforeigncurrencycreatedbyadepositoryinthecountryoflisting.TherearetwopopulartypesofdepositoryreceiptsglobaldepositoryreceiptsandAmericandepositoryreceipts.

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    5. INGVysyaLifeInsuranceCompanyLtdhasbecomeExideLifeInsuranceCompany.TheinsurancecompanywillcontinuetohonouritscommitmentsandobligationsundertheinsurancepoliciesissuedtocustomersinthenameofINGVysyaInsuranceCompanyLtd.

    6. SwitzerlandandNorwayaretheworld'smostexpensiveeconomies,followedbyBermuda,AustraliaandDenmark,accordingtoanewrankingbytheWorldBank

    7. SBIlaunches3Digitalbankingfacilitiesforitscustomersi.TabBankingforSavingA/COpeningSavingsa/catCustomersdoorstepusingtabletPCprovidedtotheBanksSalesStaff(whovisittheCustomershome).ii.TABBankingforHomeLoanInprincipleapprovalforthehomeloanatcustomersdoorstepusingtabletPCprovidedtotheBanksHomeLoanSalesTeamwhichwillcaptureonthetabletKYCdetailsanddetails.iii.eKYCGenerateseKYC(KnowYourCustomer)identitydocument.

    8. TheBombayStockExchange(BSE)launchedanInstitutionalTradingPlatform(ITP)tohelpSmallandMediumEnterprises(SMEs)andstartupcompaniestolistonthebourseswithoutanInitialPublicOffer(IPO).

    9. BaselCommitteeissuedFinalstandardstocurbexposuresofbankstocustomers.TheBaselCommitteeonBankingSupervisionon15April2014issuedFinalstandardsformeasuringandcontrollinglargeexposuresofbankstocustomers.Thesestandardswilltakeeffectfrom1January2019

    10. BankofIndia(BOI)hasbecomethefirstIndianbanktoextendabridgeloanof$200milliontoAirIndiatofinancethepurchaseoftwoBoeing787Dreamlineraircraft.

    11. IndialeadsglobalremittanceswithUSD70bnin2013.India'sneighbourChinafollowssecondwithUSD60billion,saidtheWorldBankreport

    12. WorldTradeOrganisation(WTO)projectedthattheworldtradewillgrowby4.7percentin2014.13. TheWorldBankgiveloanPakistan12billiondollarsoverthenextfive

    yearstohelpliftitseconomy,14. QatarbasedDohaBankannounceditsFirstbranchinMumbai.The

    branchinMumbaiwillbeopenedasafullfledgedbankinMay2014.Note:BankofBahrain&Kuwait,AbuDhabiBankarethetwootherbanksfromArabcountriestohaveoperationsinIndiabeforeDohabank.

    15. BankofIndia(BOI)launchedInstantMoneyTransfer(IMT)schemeinMumbai.Note:IMTschemeallowscustomerstowithdrawcashwithoutusingeitherdebtcardorcreditcardatBoI'sIMTenabledATMs.Thisisthefirstofitskindinitiativelaunchedbyapublicsectorbank.

    16. KotakMahindralaunchesaccountsintegratedwithFacebook,Twitter.17. ICICIPrudentialMutualFundhasbaggedMorningstarIndiasbestfundhouseawardinthedebt,equityandmultiasset

    category.18. ADBpegsIndiaGDPgrowthratefor201415at5.5pc19. InflationbasedonWholesalePriceIndex(WPI)reacheda3monthhighof5.7%inMarch2014.20. WholesaleInflationfallsto9monthlowof4.68percentinFeb21. KotakMahindraBankannouncedthelaunchofJifi,afirstofitskindfullyintegratedsocialbankaccountthattranscendsnormal

    digitalbankingbyseamlesslyincorporatingsocialnetworkingplatformslikeTwitterandFacebookwithmainstreambanking.22. ExportImportBankofIndiaextendedaLineofCreditof$89.90milliontotheGovernmentofRepublicofCongo,for

    developmentoftransportationsystemintheRepublicofCongo.23. CentralBankofIndiahassolditsentirestakeincreditinformationproviderCIBILtoTransunionInternationalInc.CentralBank

    hada5percentstakeinCIBILwhileTransunionisthemajorityshareholderinCIBILat27.5percent.24. CanaraBanknamescricketerShikharDhawanasitsbrandambassador.25. HousingDevelopmentFinanceCorporation(HDFC)BanksetWorldrecordforBloodcollectioninasingleday.Theblood

    donationcamporganisedbyHDFCBankon6December2013wasrecordedintheGuinnessBookofRecords.26. TheWorldBankhassaiditwouldprovideupto$3billioninaidforUkrainein2014tohelpthecountrydelivermuchneeded

    economicreforms.27. MaxLifeInsurancehastiedupwithToyotaFinancialServicesIndiaLtdtoprovideinsurancecovertocarloancustomers.28. Biharemergesasfastestgrowingstate(15.05percent)in201213:CSOReport.

    Note:AccordingtotheCSOdata,Gujaratranked6thwithgrowthrateat7.96percent,behindBiharandMadhyaPradeshwith9.89percent,Goa8.47percent,Kerala8.24percentandOdisha8.09percent.TheallIndiagrowthratein201213was4.47percent.

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    29. IndianBankhasbaggednationalawardforexcellenceinlendingtomicroenterprisesfor20122013,fortheconsecutivesecondyear.

    30. CorporationBankhasbaggedtheawardsforlendingtoMSE(microandsmallenterprises)andtomicroenterprisesfromtheUnionMinistryofMicro,SmallandMediumEnterprises(MSME)for201213.

    31. TheBankofBahrainandKuwait,BBK,planstoexpanditsoperationsinIndiabyopeningitsfourthbranchinthecountryinNewDelhi.

    32. InterestrateonPostOfficeFDsincreasedbyupto0.2percentfrom8.2percentto8.4percent.33. Indias1stpostofficesavingsbankATMinauguratedinThyagarayaNagar,Chennai.34. SEBIapprovedthenewCorporateGovernancenorms.Thenewcorporategovernancenormswouldbecomeapplicableforall

    listedcompanieswitheffectfrom1October2014.35. Wholesaleinflationeasedtoasevenmonthlowof5.05percentinJanuary,ondeclineintherateofpriceriseinfoodarticles,

    mainlyvegetables.36. RetirementfundbodyEPFOdecidedtoincreasetherateofinterestonProvidentFunddepositsto8.75percentfrom8.5

    percent.37. TheNationalBankforAgricultureandRuralDevelopmenthassanctionedRs348.63croretoKarnatakaunderRural

    InfrastructureDevelopmentFund(RIDF).38. AsianDevelopmentBank(ADB)hasprovided$400millionfirsttranchelineofcredittoIndiaInfrastructureFinanceCompany

    Ltd(IIFCL)tohelpaccelerateinfrastructuregrowththroughincreasedprivatesectorinvestment.39. AsianDevelopmentBankwillprovideUSD275millionloanforimprovingruralroadconnectivityinfivestatesincluding

    Assam,Chhattisgarh,MadhyaPradesh,OdishaandWestBengalinthecountry.40. BharatiyaMahilaBank(BMB)andSBICardshavejoinedhandsforrolloutofcreditcardstocustomersofIndiasfirstwomen

    focusedcommercialbank41. BharatiyaMahilaBank(BMB),thefirstallwomenbank,tiedwithNewIndiaAssurancetolaunchhealthinsuranceproductsfor

    womenaccountholdersofthebank.42. TheBankofJapan(BOJ)andRBIconcludedanagreementthatexpandsthemaximumamountofthebilateralswaparrangement

    (BSA)betweenthetwocountriestoUSD50billion.Note:BOJGovernorisHaruhikoKurodaandRBIGovernorRaghuramRajan

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

    44. SEBIgrantsnewstatustothreeclearingcorporationstoNationalSecuritiesClearingCorporation,IndianClearingCorporationandMCXSXClearingCorporation.

    45. IMFprojected5.4percenteconomicgrowthforIndiain20141546. WB(WorldBank)projectedeconomicgrowthrateof5.7%forIndiain201415fiscal47. WorldBankwillprovide$250millionloantoconstructdisasterresilienthousesandroadsindisasterhitUttarakhand.48. WorldBankwillprovide$500millionloanforwatersupplyandsanitationprojectsintheruralareasofAssam,Bihar,

    JharkhandandUttarPradesh.49. WorldBankwillprovide50milliondollarassistancetoAfghanistantosupportthegovernment'seffortstoimproveaccessto

    creditformicro,smallandmediumenterprises.50. LIChasrelauncheditsJeevanAnandplan,aparticipatingnonlinkedplanwhichoffersanattractivecombinationof

    protectionandsavings.51. Govtlaunchesinflationindexedsavingbondswhichofferprotectiontoretailinvestorsfrompricerise.Theminimumlimitfor

    investmentisRs5,000andthemaximumisRs5lakhperapplicantperannum.InterestratewouldbelinkedtoConsumerPriceIndex(CPI).

    52. TheworldsfirstBitcoinstorageservicethatinsuresdepositsofthedigitalcurrencyagainsthackersandaccidentallosshasopenedinLondon.

    53. EconomicgrowthinIndiaprojectedat5.35%in2014,saysUNreport54. UNprojectedtheglobaleconomytogrowatapaceof3percentin2014and3.3percentin2015.55. IndianOverseasBanklaunchedConnectCard,anewATMcumDebitcardinassociationwithVISAthatcanbeusedfore

    commerceacrossfivelakhmerchantoutlets.56. TheCompetitionCommissionofIndia(CCI)approvedAmericanretailgiantWalmartStoresInc'sproposaltoacquireBharti

    Group'snearly50percentstakeintheirIndianwholesalestoresjointventure.

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    57. TheNationalBankforAgricultureandRuralDevelopment(NABARD)projectedacreditpotentialofRs12726.83croreinthestatefocuspaper(SFP)fortheyear201415inUttarakhandundertheprioritysector.

    ImportantNews(India&World):1. BharatiyaJanataPartywins282seatsastheNDAbags334inGeneralElections2014.TheBJPledNDAissettoformthenew

    GovernmentattheCentrewithamassivewinintheLokSabhaelections.Thesaffronpartyhassecuredanabsolutemajorityonitsownbywinning282seats.

    2. BJPwins71seatsinUP.InUttarPradeshresultsofall80constituencieshavebeendeclared.BharatiyaJanataPartyhas71seats.RulingSamajwadiPartyhaswon5seatsandtwoseatseachhasbeenwonbytheCongressandtheBJPallyApanaDal.

    3. Indiawillbecometheworldsthirdlargestoilconsumerby2025accordingtotheUSEnergyInformationAdministration(EIA).TheUSEnergyInformationAdministration(EIA)releaseditsannualEnergyOutlookon7May2014.Atpresent,IndiaisthefourthlargestoilconsumerintheworldbehindtheUS,ChinaandJapan.

    4. ActorfilmmakerKamalHaasanledtheIndiandelegationatthe67thCannesInternationalFilmFestivalinauguratedinCannes,Franceon14May2014.

    5. TheUnitedNationsandtheInternationalOlympicCommitteehassignedahistoricagreementtousethepowerofsportstopromotepeaceandeconomicdevelopment.Note:IOCPresident:ThomasBach

    6. EuropeanUnionbansIndianAlphonsomangoes,veggiesfromMay1.The28memberEuropeanUnionhastemporarilybannedtheimportofAlphonsomangoes,thekingoffruits,andfourvegetablesfromIndiafromMay1,sparkingprotestsfromtheIndiancommunity,lawmakersandtraders.Note:Therecentdecisionbythegrouping'sStandingCommitteeonPlantHealthcameafter207consignmentsoffruitsandvegetablesfromIndiaimportedintotheEUin2013werefoundtobecontaminatedbypestssuchasfruitfliesandotherquarantinepests.

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

    8. TheSupremeCourtofIndiaappointedformerjudgeoftheHighCourtofAustralia,MichaelHudsonMcHughasthethirdarbitratortoresolvethedisputebetweentheCentralgovernmentandMukeshAmbaniledRelianceIndustriesLtd(RIL)onKGbasin.

    9. SCrecognizestransgenderasthirdcategoryofsex.Inalandmarkjudgement,theSupremeCourtonMondayrecognisedtransgendersoreunuchsasthirdcategoryofgenderanddirectedCentreandstatestograntthemallfacilitiesincludingvotersID,passportanddrivinglicence.

    10. WHOcertifiesIndiaasapoliofreenation.11. WorldMeteorologicalOrganization(WMO)panelannouncedthatCherrapunjiinIndiaregainedtheworldrecordforhighest

    rainfallin48hourswith2493millimeters.12. RussiasuspendedfromG8group:The G7 group of top economic powers have kicked out Russia from the powerful G8 over its annexation of Crimea and

    threatened to impose far-reaching sanctions if Moscow continued its incursion into Ukraine.ii.The US and six other economic powers also scrapped the G8 summit to be hosted by Russia in Sochi in June to build pressure on Russian President Vladimir Putin against his military action in Ukraine.AboutCrimeai.TheAutonomousRepublicofCrimeaisanautonomousparliamentaryrepublicwithinUkraineandisgovernedbytheConstitutionofCrimeainaccordancewiththelawsofUkraine.ii.ThecapitalisthecityofSimferopol,locatedinthecenterofthepeninsula.Crimea'sareais26,200squarekilometers.iii.The Crimean peninsula, the main flashpoint in Ukraine's crisis, is a pro-Russia part of Ukraine, separated from the rest of the country geographically, historically and politically. It also hosts Russia's Black Sea Fleet. Ukraine has accused Russia of invading it.

    13. IFFCOgetsapprovaltosetup$1.6bnureaplantinCanada.14. GlobalpharmamajorNovartisacquireGlaxoSmithKlineplc's(GSK).

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    15. AndhraPradeshhasrecordedhighestgrowthintermsofmilkproductionatover41percentandpercapitamilkavailabilityabout36percent,duringtheperiod200610.

    16. AUSjuryorderedSamsungElectronicsCoLtdtopay$119.6milliontoAppleInc,abiglossfortheiPhonemakerinthelatestroundoftheirglobespanningmobilepatentlitigation.

    17. CadburyIndiaLimitedannouncedtochangeitsnametoMondelezIndiaFoodsLimited.CadburyIndiaLimitedisasubsidiaryofMondelezInternationalInc.

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

    19. SunPharmaceuticalIndustries(SPL)announcedthatitwillacquire100percentofRanbaxyLaboratoriesina$4billionallsharetransaction.

    20. DeadlyHeartbleedvirusarrivesinIndiancyberspace.21. JammuandKashmirbecamethefirststateinthecountrytodeclareallelectionboothsinthecomingLokSabhapollsasno

    smokingzones.22. IRV2020programmehasbeenlaunchedbyWHOIndia,withanaimto

    protectandincreasethepopulationoftheonehornedrhinoceros(Rhinocerosunicornis).

    23. WorkdaysfortribalsunderMNREGAraisedfrom100to150.ThosetribalswhohavereceivedlandrightsundertheForestRightsAct,2006willbeeligibleforadditional50daysofwageemploymentundertheruraljobscheme.

    24. IndianominatedRanikiVavlocatedinPatan,GujaratandtheGreatHimalayanNationalPark(GHNP)inHimachalPradeshforUNESCOsWorldHeritageSiteStatusfor2014.

    25. VandanaFoundationlaunchedAQUATMinMumbai:TheAQUATMisawatervendingmachinefromwhichwatercanbepurchased.Thiswaterwendingmachinewillrelease1literwateratapriceof1rupee.

    26. AirIndiaisallsettojointheworld'slargestairlinegrouping,StarAlliance,thisJuly,makingitthefirstairlinefromIndiatobepartofaglobalchainofcarriers.

    27. GujaratstatehasbeenrankednumberoneinalistofIndia's20largeststatesintermsofeconomicfreedom.

    28. GooglepartnerswithRaybanforGoogleGlass.29. IndiaisDubaislargestnonoiltradingpartnerin20131430. InthebiggesteverdealsignedattheIndiaAviationShow,SpiceJet

    hasinkedanagreementwithBoeingforpurchaseof42737MAX8aircraftcostingRs.26,000crore($4.4billion).

    31. KelloggsropesinDeepikaPadukoneasbrandambassadorforSpecialK

    32. MauritiusPresidentRajkeswarPuryaagisthechiefguestatGlobalAyurvedaFestinKerala

    33. NationalWaqfDevelopmentCorp.LimitedisanewCentralPublicSectorEnterpriseinNewDelhi.Note:ItwillberemainundertheMinistryofMinorityAffairs.NationalWaqfDevelopmentCorporation(NAWADCO)hasbeenestablishedwithanauthorizedsharecapitalofRs.500Crore.ii.ThecorporationhasbeenestablishmentasafollowupoftherecommendationofSacharCommittee.

    34. SocialmediagiantFacebookwillacquiremobilemessagingcompanyWhatsAppfor19billiondollarsinacashandstockdeal,thelargestacquisitionbytheMarkZuckerbergledfirm.Undertheagreement,WhatsAppcofounderandCEOJanKoumwilljoinFacebookBoardofDirectors.Note:WhatsApp,headquartersisinCalifornia'sMountainView.

    35. Odiadeclaredasclassicallanguage.Sofar,Sanskrit,Tamil,Telugu,KannadaandMalayalamhavebeendeclaredasclassicallanguages.

    36. GoogleandArchaeologicalSurveyofIndia(ASI)jointlylaunched360degreepanoramicimageryof30outof100"nationallyimportantmonuments"includingTajMahal,RedFort,Humayun'sTomb,JantarMantarandQutubMinaramongothers,viewabletoonethirdoftheworld'spopulation.

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    37. CheteshwarPujara,themiddleorderbatsmanofIndiancricketteamappointedasthebrandambassadoroftheGujaratStateElectionCommission.

    38. CountrysfirstMinorityCyberVillageopenedinChandoliinAlwardistrictofRajasthan.39. Sikkimachievesover100percentsanitation.Sikkimhasbecometheonlystateinthecountrytoachievemorethan100percent

    sanitationinruralandurbanhouseholds,schools,sanitarycomplexesandAanganwadicentres.40. IndiasfirstmonorailservicelaunchedinMumbai.Thefirstphasecovers8.9kmlongWadalaChembursection.41. BelgiumbecamesecondcountrytoallowMercyKillingforChildren.ParliamentofBelgiumon14February2014legaliseddeath

    toterminallyillchildrenofanyage.Note:OtherEuropeancountriesthatallowsactiveeuthanasiaare:1.Luxembourg,whichpermitsactiveeuthanasiaforover18yearsinage.2.Switzerlandletsdoctorstohelpadultpatientstocommitsuicide

    42. Indiaistheworldslargestarmsimporter:SIPRI.ThenewdatahasrankedChinaandPakistansecondandthirdrespectivelyasthelargestarmsimporter.ThereportpublishedbyasSwedishThinkTank,StockholmInternationalPeaceResearchInstitute(SIPRI)hasclaimedthatIndiacontinuestobethelargestbuyerofarmsintheworld.

    43. IndiabecamethirdlargestcrudeoilimporterintheWorld.WorldsTopFiveOilImportingCountriesare:1.China,2.U.S.A:,3.India4.Japan 5.Germany

    44. Facebookwithmorethan1.2billionusersworldwideiscelebratingits10thbirthdayon3rdFeb2014.45. SixPublicSectorUnits(PSUs)havesignedaMemorandumofUnderstanding(MoU)tosetuptheWorldslargest4000MWultra

    solarpowerprojectinRajasthan.Theprojectwillbethelargestsinglelocationsolarplantspreadacross19000acresatSambharinRajasthan.

    46. TheMinistryofRailwaysandtheGovernmentofKarnatakasignedamemorandumofunderstanding(MoU)forthesettingupofarailcoachfactoryatKolarinKarnataka.

    47. CabinetapprovesquotahikeofsubsidisedLPGcylindersfrom9to12.48. KeralawinsUNaward:KeralaTourismhasbeenconferredtheUnitedNationsAwardforcreatinginnovativeinitiativesfor

    sustainabletourism,thefirsttimeIndiahaseverwontherecognition.49. Odisha'sChilikalagoon,hotspotforbiodiversity,hasbeennamed'destinationflyways'byUnitedNationsWorldTourism

    Organization(UNWTO)followingitsinclusioninalistofeightsuchsitesworldwide.Note:ChilikaistheonlysitetobeselectedfromAsiabytheUNWTO.

    50. JapanesePM(ShinzoAbe)istheChiefGuestatIndias65thRepublicDaycelebrationson26thJanuary2014.51. TheJaincommunitywasaccordedminoritystatusbythecentralgovernment,whichwillenablethemtoavailofbenefitsin

    governmentschemesandprogrammes.TheJainsbecamethesixthcommunitytohaveminoritystatusafterMuslims,Christians,Sikhs,BuddhistsandParsis.

    52. AmullaunchesIndiasfirstmilkATMinGujarat.53. SouravGangulyconferredDoctorofLettersdegreebytheprestigiousBengalEngineeringandScienceUniversity(BESU),

    Shibpur,forhisgreatcontributiontoIndiancricket.54. DelhibecamefirststatetowithdrawFDIinMultibrandRetail.55. Indiahasbeenranked98thintheForbeslistofworld'sbestcountriesfordoingbusinessthathascitedpoverty,corruptionand

    discriminationagainstgirlsamongthechallengesfacingthecountry.Irelandtoppedthelist.56. TheUSGreenBuildingCouncil(USGBC)hasrankedIndiaasNo3amongthelistoftop10countriesforLEEDoutsideofthe

    UnitedStates.57. PrinceHarryhasbecomethefirstBritishroyaltoreachtheSouthPoleafterathreeweekcharitytrekwithinjuredmilitary

    veteransfromBritain,theU.S.,CanadaandAustralia.58. CricketiconSachinTendulkarhasbeennamedtheregionalbrandambassadorbytheUNICEFtopromoteitsTotalSanitation

    CampaigninIndia,Pakistan,SriLanka,BangladeshandNepal.59. ThePetroleumConservationResearchAssociationundertheMinistryofPetroleumandNaturalGashasselectedAndhra

    PradeshfortheawardofbestperformingStateamongstthebigstatesfortheoilandgasconservationprogrammes.60. GorakhpurrailwaystationenteredLimcaBookofRecordsasworldslongestplatform

    Note:BeforetheplatformnumberoneofGorakhpur,theplatformofKharagpurrailwaystationofWestBengalhadthedistinctionofbeingworldslargestplatformwithlengthof1072.5meters.

    61. Indiaranks140inthelistof180countriesintheWorldPressFreedomIndex2014,whereasChinaandPakistanwereplacedat175thand158thpositionrespectively.

    62. Indiawasranked94thoutof177countriesonGlobalCorruptionPerceptionIndex2013,whichwasreleasedbyTransparencyInternational.DenmarkandNewZealandtiedforfirstplace.

    63. Indiahasbeenranked23rdoutof25countriesinnuclearmaterialsecurityindex.Chinahasbeenrankedat20thspot,whilePakistanstandsat22ndplace.

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    64. Indiaranked155thinGlobalEnvironmentPerformanceIndex65. Indiaranksatthebottomofthelistof25countriesintermsofitsintellectualproperty(IP)environment.USrankedonthetop

    followedbyUKandFrance.66. CumbriaUniversityofUKbecamethefirstpublicuniversitytoacceptfeesindigitalcurrency,Bitcoin.Asystemforprocessing

    thepaymentsisalreadyoperational.67. Dhoom3hasbecomeBollywoodshighestrevenuegrosserofalltimesinjustafortnightafteritspanIndiarelease.68. ChiletookitsseatattheUnitedNationsSecurityCouncil(UNSC)asanonpermanentmemberoftheinternationalbodytillDec

    31,2015.69. NepalandIndiahaveagreedinprincipletoallowcirculationofRs.500andRs.1,000denominationIndianbanknoteswithin

    Nepaleseterritory,endingabaninplaceforoveradecade.Note:Thedecisiontoscrapthe2010dealwastakennearlyayearafterreportssurfacedthattwotopofficialsofthecompanyhadallegedlypaidbribestobagthecontract.FormerIAFchiefSPTyagiisoneoftheaccusedinthecase,whichisbeingprobedbyCBI.

    70. Indiacancels3,600crorerupeeVVIPchoppersdealwithAngloItalianfirmAgustaWestLand.71. EuropelaunchedGaiasatellite,oneofthemostambitiousspacemissionsinhistory.72. Alstombagged125millioneurocontractfromBHELforNeyveliNewThermalPowerProject.Thecontractistosupply

    componentsandservicesforthe1000MWNeyveliNewThermalPowerProject(NNTPP)ofNeyveliLigniteCorporationlocatedinTamilNadu.Note:Alstomisagloballeaderintheworldofpowergeneration,powertransmissionandrailinfrastructure.Ithassetabenchmarkforinnovativeandenvironmentallyfriendlytechnologies.ii.Alstombuildsthefastesttrainandthehighestcapacityautomatedmetrointheworld.

    73. ChinabuiltanewresearchstationinAntarcticacalledTaishan.ItwasChinasfourthresearchstationinthesouthernpole.Note:AntarcticaisthefifthlargestcontinentinareaafterAsia,Africa,NorthAmerica,andSouthAmerica.

    74. China'sfirstlunarrovernamedJadeRabbitlandedonMoon.ThelunarroverhasbeennamedJadeRabbit(calledYutuinChinese).Note:Inpastthreedecades,Chinaisthefirstcountrytodoso.Earlier,Luna24ProbeofSovietUnionwasthelastspacemissiontolandonmooninAugust1976

    75. Chileistheworldstopcopperexporter,anditsfastgrowingeconomy,lowunemploymentandstabledemocracyaretheenvyofLatinAmerica.

    NewAppointmentinIndia

    1. R.M.Lodha:NewChiefJusticeofIndia.Heisthe41stChiefJusticeofIndia.HesucceedsJusticeP.Sathasivam.2. LtGenDalbirSinghSuhag:appointednewArmyChief.Hesucceed Gen Bikram Singh. 3. RGandhiappointedDeputyGovernorofRBI.HereplaceAnandSinha4. RobinKDhowan:appointedNewNavyChief.5. ArupRahanewAirChiefMarshal.HesucceededNAKBrowne.6. ArvindMayaram:appointednewFinanceSecretary.HereplaceSumitBose7. SaurabhChandra:newOilSecretary.8. RajivTakru:appointedRevenueSecretary9. SudhirGupta:appointednewTRAISecretary10. RajeevKher:appointednewCommerceSecretary.HereplaceSRRao11. AshokLavasa:appointedCivilAviationSecretary.HereplaceKNSrivastava.12. JusticeG.Rohini:becomethefirstwomanChiefJusticeoftheDelhiHighCourt.13. IlaPatnaik:appointedasPrincipalEconomicAdvisor14. RetiredAirChiefNAK.BrowneappointednewIndianenvoytoNorway.15. RahulKulshreshthappointednewIndianenvoytoTurkey16. SunilGavaskar:interimPresidentofBCCI17. G.Gopalakrishna:joinedasdirectorofCentreforAdvancedFinancialResearchandLearning(CAFRAL).

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    18. SureshKumarReddyappointedastheFirstambassadortoASEAN19. Ms.LakshmiSwaminathanbecamethefirstIndiantobecomepresidentofAdministrativeTribunaloftheAsianDevelopment

    Bank(ADB)20. LalitModielectedpresidentofRajasthanCricketAssociation.21. ArundhatiBhattacharya:SBI'sfirstwomanChairman22. AkhileshGupta:electedasPresidentoftheIndianMeteorologicalSociety23. TomAlbanese:NewCEOofMiningconglomerateVedantaResources:24. SomaMondalappointedfirstWomendirectorofNationalAluminiumCompanyLtd(NALCO).25. AmitabhKant,CEOandManagingDirectoroftheDelhiMumbaiIndustrialCorridorDevelopmentCorporation,takechargeas

    Secretary,DepartmentofIndustrialPolicyandPromotion.26. ThomasMathew:NewChairmanofMCXStockExchange27. DKPathak:newDirectorGeneraloftheBorderSecurityForce(BSF).28. SheilaDikshit:NewGovernorofKerala.29. DineshSarraf:appointedasChairmanandManagingDirector(CMD)ofOilandNaturalGasCorporation(ONGC).He

    replacedSudhirVasudeva.30. GautamBambawale:newIndianambassadortoBhutan31. JudeFelix:appointedcoachoftheNationalmenshockeyteam.32. YaduvendraMathur:appointedasChairmanandManagingDirectorofExportImportBankofIndia(EximBank)33. RakeshMaria:appointedasanewPoliceCommissionerofMumbai.HereplaceSatyapalSingh.34. ALBanerjee.NewDGPofUP(UttarPradesh):HesucceedsRizwanAhmad.35. AditiKhannabecamefirstwomenPresidentofIndianJournalist'sAssociation36. MukulMudgal:appointedasthenewchairpersonofBroadcastingContentComplaintsCouncil(BCCC)37. R.K.Tiwari:appointedasthenewchairmanofCentralBoardofDirectTaxes(CBDT).HesucceedChairpersonSudhaSharma.38. N.SrinivasantobenewChairmanofICCfromJuly2014onwards39. PoonamKhetrapalSingh:appointedasRegionalDirectorofWorldHealthOrganisation(WHO)SouthEastAsiaRegion

    Note:i.SEAROisoneofthesixregionsofWorldHealthanditsheadquartersisinNewDelhi.ii.SEROhas11countriesnamelyIndia,Nepal,Bhutan,Bangladesh,Myanmar,Thailand,Indonesia,SriLanka,Maldives,TimorLesteandDPRKorea.

    40. JusticeAshokKumarMathur:appointedChairmanofthe7thPayCommission41. T.NandaKumar:newChairmanoftheNationalDairyDevelopmentBoard(NDDB),replaceAmritaPatel42. AkhileshDasGuptareelectedpresidentoftheBadmintonAssociationofIndia(BAI)43. P.Madhusudan:appointedChairmanandManagingDirector(CMD)ofRashtriyaIspatNigamLtd(RINL)44. NRamachandran:NewPresidentofIndianOlympicAssociation(IOA)45. RatanTataappointedmemberofChinabackedBoardofBoaoForumforAsia(BFA)46. ArvindRanjan:appointednewChiefofCentralIndustrialSecurityForce(CISF)47. JNChoudhury:appointednewChiefofNationalSecurityGuard(NSG).48. VinodKumarDuggal:appointedastheGovernorofManipur.HereplaceAshwaniKumar.49. SiddarthBirla:NewPresidentofFICCI(FederationofIndianChambersofCommerceandIndustry).HesucceededNainaLal

    Kidwai.50. UshaSangwanappointedfirstwomanmanagingdirectorofLifeInsuranceCorporationofIndia(LIC)51. SushmaSinghNewCIC(ChiefInformationCommissoner).SheisthesecondwomantobecomeCICafterDeepakSandhu.52. HarshBhanwala:NewNabardChairman.BhanwalasucceededPrakashBakshi.53. KrishIyernamedCEOofWalmartIndia.HereplaceRamnikNarsey.54. P.H.ParekhelectedasthePresidentofSupremeCourtBarAssociation.55. DevendraKumarPathak:appointedastheSpecialDG,BorderSecurityForce(BSF)56. JusticeB.S.Chauhan,aJudgeoftheSupremeCourtappointedastheChairmanoftheCauveryWaterDisputesTribunal.He

    succeed Justice NP Singh. 57. HarishRawat:NewChiefMinisterofUttarakhand

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    NewAppointmentinWorld

    1. Maj.Gen.KristinLundappointedfirstwomantoleadUNforce.Shereplace Chinese Maj. Gen. Chao Liu.

    2. NewinterimPMofThailand:NiwatthamrongBoonsongpaisan.Note:Ms.YingluckshinawatraandnineCabinetmemberswereforcedtostepdownbytheConstitutionalCourt,whichfoundherguiltyofabuseofpower.

    3. NewPMofLibya:AhmedMaiteeg4. NewPresidentofPanama:JuanCarlos5. NewNokiaCEO&President:RajeevSuri6. NewPresidentofAlgeria:AbdelazizBouteflika7. NewreelectedPMofHungary:ViktorOrban8. NewPrimeMinisterOfFrance:ManuelValls9. NewPresidentofMalta:MarieLousieColeiroPreca10. PMofMalta:JosephMuscat11. NewPrimeMinisterofEgypt:IbrahimMahlab:.IbrahimMahlab

    replaceHazemelBeblawi.12. NewPresidentofChile:MichelleBachelet13. NewCEOofFord:MarkFields.HesucceedAlanMulally14. NewItaly'syoungestPM:MatteoRenzi.Heisthe39yearoldleader

    oftheCentreLeftDemocraticParty,15. NewPrimeministerofUkraine:ArseniyYatsenyuk16. InterimPresidentofUkraine:OleksandrTurchynov17. NewPMofNepal:SushilKoirala.HereplacedKhilRajRegmi.18. NewChairmanofMicrosoft:JohnThompson.HesucceededBill

    Gates19. NewCEOofMicrosoft:SatyaNadella.HereplacedSteveBallmer

    andhetakesoverasthethirdCEOoftheMicrosoftfirm.20. MarcoLambertiniappointedasdirectorgeneralofWWF(WorldWideFundforNature)International21. NewSecretaryGeneralofNorthAtlanticTreatyOrganisation(NATO):JensStoltenberg.HereplacetheincumbentSecretary

    GeneralAndersFoghRasmussen.22. NewPMofBangladesh:SheikhHasinaShebelongstoAwamiLeagueparty.

    23. NewchairmanoftheFederalReserve:JanetYellen.ShesucceedsChairmanBenBernanke.

    JanetYellen,thefirstwomantochairtheFederalReserveinits100yearhistory.FederalReserveisthenameoftheCentralBankofUS.

    24. NewPakistanienvoytoIndia:AbdulBasit.HereplaceSalmanBashir.25. NewForeignSecretaryofPakistan:AizazChaudhry26. NewPakistaniAmbassadortoUS:JalilAbbasJilani27. FirstSecretaryGeneralofBIMSTEC:SumithNakandala28. ShahnazShaikh:appointedPakistanCoachofNationalHockeyteam.29. TeresaKhoisADB'snewCountryDirectorforIndia.ShereplacesHunKim30. AngelaMerkel:beginsthirdinningsasGermanchancellor.31. AbdiweliSheikhAhmed:NewPrimeMinisterofSomalia.(MogadishuistheCapitalSomalia).32. AshrafJehan:FirstfemalejudgeinPaksNationalShariaCourt

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    Summits

    G20Summit:G20meeting(2014)ofFinanceministersandcentralbankgovernorsheldinSydney(Australia).G20LeadersSummit(2014)willbeheldinBrisbane,Queensland(Australia,inNovember2014.NATOSummitNATOSummit2014willbeheldinBritain.(Britainlasthostedthesummitin1990,whenMargretThatcherwasPrimeMinister).G8Summit:39thSummit2013:UnitedKingdom.(NorthernIreland)Note:The40thG8summitwasduetobeheldinRussiain2014.Themeetingwasplannedfor45June2014attheBlackSearesortofSochi.However,theothersevencountriesdecidedon24MarchthatasummitwouldbeheldwithoutRussia,inBrussels,Belgium.G7countriesrefusetoattendplannedG8summitinRussia.G8Countries:Canada,France,Germany,Italy,Japan,Russia,BritainandtheUSSAARCSummit:3rdSAARCministerialmeetonpovertyalleviation2013Kathmandu(Nepal)18thSAARCSummit2013Kathmandu(proposed)Nuclearsecuritysummit2ndSummit2012Seoul(SouthKorea),3rdSummit2014(Next):Netherland4thSummit2016:UnitedStatesBIMSTECSummit3rdBIMSTECsummit2014:NayPyiTaw(Myanmar)4thBIMSTECsummitwillbeheldinNepal.Note:BIMSTEC(BayofBangalInitiativeforMultisectoralTechnicalandEconomicCooperation)BIMSTECincludes7countries:Bangladesh,India,Myanmar,SriLanka,Thailand,BhutanandNepalandaimstocreatecooperationinmultiplesectorsincludingtrade,investmentandenergy.NAMSummit:16thSummit2013:Tehran,Iran17thSummit2015Caracas(Venezuela)Note:Twonations,namelyAzerbaijanRepublicandFiji,wereacceptedasthenewmembersoftheorganization.NewMember1.UnitedNationSouthSudannewmembercountry.Total193members2.WTOTajikistannewmembercountry.Total159members.3.WorldBank&IMFSouthSudannewmembercountry.Total188members4.EuropeanUnionCroatianewmembercountry.Total281. World Economic Forum 2014: held in Abuja (Nigeria). Bharti Enterprises founder and Chairman Sunil Bharti Mittal co chair this

    years edition of the World Economic Forum on Africa.2. India,SriLankaandMaldivesheldNationalSecurityAdvisorlevelmeetingonmaritimesecuritycooperationinNewDelhi.3. WorldTelecommunicationsDevelopmentConferenceheldinDubai.4. TheGreenEconomySummitheldinDubai.5. ArabSummit2014:KuwaithosttheArabsummitforthefirsttime6. InternationalPetroleumConference2014(PETROTECH2014)heldinNewDelhifrom12th15thJanuary2014.7. The9thWTOMinisterialConferencewasconcludedon6December2013atBali,Indonesia.8. 12thPravasiBharatiyaDivas2014heldinNewDelhi.Thisyear'sthemeis"EngagingDiaspora:ConnectingAcrossGenerations"

    DatukSeriGPalanivalistheChiefGuestof12thPravasiBharatiyaDivas

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    9. The8thAsiaGasPartnershipSummit(AGPS)washeldatNewDelhi,India.The8thAGPSwasorganizedbyGAIL(India)LimitedandFederationofIndianChambersofCommerceandIndustry(FICCI).

    PointsToRemember:

    MOUsDealbetweenIndia&OtherCountries1. Indiahascommitted8.5billionrupeestoBhutanforSmallDevelopmentProjectforthecountrysthe11thFiveYearPlan.2. IranandJapansignedaMemorandumofUnderstanding(MoU)forbilateralcooperationonenvironmentalissuesinTokyo.3. India,Azerbaijan:toexploreopportunitiesinenergysector4. IndiaandCanadahavesignedthreeMoUsforcooperationinhealthsector,audiovisualcoproductionandskilldevelopment.5. India,PolandagreetoformJointWorkingGroupforcooperationinfilmssector.6. IndiaandFijihavesignedaDoubleTaxationAvoidanceAgreement,DTAAfortheavoidanceofdoubletaxationandforthe

    preventionoffiscalevasionwithrespecttotaxesonincome.7. IndiaandSaudiArabiahavedecidedtoenhancetheirbilateraltradeandeconomiccooperationovernext5years.8. IndiaandBhutanhavesignedanagreementondevelopmentofhydropowerprojects.9. IndiaandGermanycouldsignanagreementfor1billionforGreenfieldprojects10. IndiaandPakistansignedMoUonelectricitytrade:Indiahasexpresseditsintenttoexportelectricitytothetuneof500MW

    toPakistanimmediatelyifinfrastructurefortransmissionofpowerismadeavailable.11. IndiaandMaldivesinkseveralpactsandhaveagreedto

    jointlypatrolandconductsurveillancetostrengthenmaritimesecurityintheIndianOceanRegion.

    12. IndiahassignedaRs4,000croredealwiththeUSforprocuringsixmoreC130JSuperHerculesSpecialOperationsaircraftfortheIndianAirForce.

    13. ElectionCommissionsignsMoUwithYemen.IndiahasoffereditsexpertisetoYemeninelectionmanagementandelectoralrollpreparations.

    14. IndiaandMacedoniahavesignedanewdoubletaxationavoidanceagreement(DTAA)thatprovidesforamongotherthingsexchangeofbankinginformationfortaxadministrationpurposes.Asperthenewagreement,dividend,interestandroyaltywillbetaxedinthesourcecountryandtherateoftaxationwillnotexceed10percent.

    Scheme&PlanLaunchedbyUnion&StateGovernment:

    1. MahatmaGandhiPravasiSurakshaYojana(MGPSY)waslaunchedintheUAE.AleadingIndianfinancialandhealthcareservice

    playerhastiedupwiththeUAEExchangetoofferMahatmaGandhiPravasiSurakshaYojanaSchemeintheGulfcountry.AboutMahatmaGandhiPravasiSurakshaYojana(MGPSY)i.MahatmaGandhiPravasiSurakshaYojana(MGPSY)SchemeisapensionandlifeinsuranceschemeandisrecognisedbytheIndiangovernment.ii.MahatmaGandhiPravasiSurakshaYojana(MGPSY)isaspecialsocialsecurityschemeforoverseasIndianworkersontemporaryworkpermitin17EmigrationCheckRequired(ECR)countries.

    2. Govt.launchMaulanaAzadSehatScheme'schemeforminoritystudents.Underthisscheme,studentsintheagegroupof514yearswillbeprovidedwithahealthcardwhichwillentitlethemtofreecheckupstwiceayearattheplacewheretheyarestudying.

    3. NorthDelhiMunicipalCorporation(NDMC)launchedanewhealthschemeStriSwasthyaSurakshaYojnaforwomenon6March2014.

    4. UttarPradeshgovernmentlaunchedSamajwadipensionschemeon28January2014.Theschemewillbenefitover40lakhfamilies.Undertheschemepensionfrom500rupeesto700rupeeswillbegiventobeneficiaries.

    5. TamilNadulaunchesfreeCFLbulbscheme:UndertheschemestateGovtwillprovidefreecompactfluorescentlightbulbstoover14lakhhutdwellersintheState,anenergysavingmeasureaimedatsaving40MWofpower.

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    6. Centrelauncheseinclusionprojecttospreadeliteracy.Theprojectisaninitiativetomakeatleastoneindividualineveryhouseholdeliterate,undertheproject,economicallyweakersectionsofthesocietyincludingruralSC,STandwomenwillreceiveITtraining.

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

    8. TheCabinetCommitteeonEconomicAffairs(CCEA)approvedimplementationofvariousschemesrelatedtoagriculture,includingcontinuationofRashtriyaKrishiVikasYojana(RKVY),inthe12thPlanwithacombinedoutlayofoverRs80,000crore.Note:TheRKVYisaStateplanschemethatprovides'considerableflexibility'andautonomytostatesinplanningandexecutingprogrammesforincentivisinginvestmentinagricultureandalliedsectors.

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

    10. BhagatPuranSinghSehatBeemaYojna(BPSSBY)HealthcareschemeforBPLfamilieslaunchedinPunjab11. 'Roshini'Scheme:Centrelaunchedskilldevelopmentandjobplacementscheme'Roshini'forruralyouthandwomeninmaoist

    affected24districtsin9states.12. RajivGandhiJeevandayeeArogyaYojana(healthinsurancescheme)waslaunchedinMaharashtra.13. TheVikramUdyogpuri(DelhiMumbaiIndustrialCorridor)projectlaunchedinMadhyaPradesh.14. GoldenGirl(BangaruTalli)Scheme:Auniquescheme,launchedinAndhraPradesh,toprotectgirlchildandensureher

    education.15. AnnaBhagyaprogrammelaunchedinKarnataka.Theprogrammeentitlesdistributionof30kgriceatonerupeeperKgto

    over98lakhBPLandAntyodayacardholdersinthestate.

    Awards&Honours1. GoldmanPrizeforenvironmentalactivistRameshAgrawal.Hereceivedtheprizeforhelpingvillagersfightcoalminingin

    Chhattisgarh.2. Caparo Group founded by leading NRI industrialist Lord Swraj Paul has won the International Business of the Year award 2014 3. GoldenPeacockAwards2014:TechnoparkTechnologyBusinessIncubator(TTBI)waschosenfortheSpecialCommendation

    attheGolden Peacock National Training Awards 2014.4. BharatRatnaAward:SachinTendulkarandCNRaoconferredBharatRatnaAward2013.

    Note:TendulkaristhefirstsportsmanandtheyoungestrecipientofthetheBharatRatnaii.ProfRaoisawellrecognizedinternationalauthorityonsolidstateandmaterialschemistryisthethirdscientisttoreceivedawardafterCVRamanandformerPresidentA.P.JAbdulKalam.iii.TheBharatRatnawasannouncedafteragapoffouryearswithHindustanimusicdoyenBhimsenJoshibeingthelastrecipientin2009.

    5. DadasahebPhalkeAward2013:VeteranpoetandfilmlyricistGulzarhasbeenchosenforthecovetedDadasahebPhalkeAwardfor2013.Heisthe45thwinneroftheDadasahebPhalkeAward.

    6. PulitzerPrize2014:IndiabornpoetVijaySeshadrihaswontheprestigious2014PulitzerPrizeinthepoetrycategoryforhiswork'3Sections'.

    7. DonnaTarttwinsfictionPulitzerPrize2014fornovel'Goldfinch'8. MissIndia2014:KoyalRananewMissIndia.9. GandhiPeacePrizefor2013:EminentGandhianandenvironmentalistChandiPrasadBhatselectedfortheaward.

    Note:ApioneeroftheChipkoMovementforwhichhewasalsoawardedtheMagsaysayAwardin1982,Mr.BhattwasgiventhePadmaBhushanbyUPAIin2005.

    10. SaraswatiSamman2013:GovindMishraselectedforforhisbookDhoolPaudhoPar.11. PritzkerPrize2014:JapanesearchitectShigeruBanwonthePritzkerArchitecturePrize2014.Hewontheawardforhis

    creativeandinexpensivedesignsfordisasterreliefshelters.12. AbelPrize2014:RussianmathematicianYakovGrigorevichSinaiwontheaward.13. Laxmi,anacidattackvictimgetsInternationalWomenofCourageAward(UShonour).14. VyasSamman2013:VishwanathTripathibeenselectedfortheprestigiousVyasSammanfortheyear2013.

    Note:Tripathihasbeenchosenforthecovetedannualliteraryawardinstitutedin1991bytheKKBirlaFoundationforhismemoir'VyomkeshDarvesh',abiolgraphyofnotedHindischolarAcharyaHazariPrasadDwivedi.

    15. GDBirlaAward2013:RajeshGopakumarwasselectedforthe23rdGDBirlaAwardforscientificresearchfortheyear2013.16. MSSubbulakshmiAward2014:MathangiSathyamurthy,Karnatakamusicianwasselectedfortheaward.

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    17. Britain'shighestawards:RatanTata,formerchairmanoftheTataGrouphonouredbyQueenElizabethwithaGBE(KnightGrandCross),whichisoneofthehighestcivilianhonoursinBritain.

    18. NarayanaMurthyawardedwithGlobalIndianAwardinCanada.19. LuisSuareznamedasProfessionalFootballers'AssociationPlayeroftheYear.20. JeevMilkhaSinghnominatedforAsianToursPlayeroftheDecade

    award21. MSDhoniwonUnitedKingdoms2014Asianawardforoutstanding

    achievementinSports.22. ShikharDhawannamedoneofWisden'sFiveCricketersoftheYear

    award.23. SachinTendulkarwonCricketerofgenerationaward24. TomasHalik,theCzechpriestwontheTempletonPrizefor2014.25. IndiaandSingaporewonthe2014editionoftheUNWaterWaterfor

    LifeBestPracticesAwardfortheirsustainablepracticesofwaterresources.

    26. HindustanAeronauticsLtd(HAL)receivedtheMostEfficientNavratnaAwardfortheyear2013.

    27. MegastarAmitabhBachchanwasconferredIndia'sGlobalIconoftheYearaward

    28. IndianoriginGopalRaowonUKTwitterPrize.29. TurkishinvestigativejournalistAhmetSikwon2014UNESCO

    GuillermoCanoWorldPressFreedomPrize.30. AnandKumar,thefounderofSuper30got2014Ramanujan

    Mathematicsaward31. IndianWriterPankajMishrawonWindhamCampbellLiteraturePrize

    201432. PresidentPaulKagameofRwanda,PresidentParkGeunhyeofSouth

    KoreaandMexicanbillionnaireCarlosSlimwontheWorldTelecommunicationandInformationSociety(WTIS)Award2014.

    33. PresidentPranabMukherjeegottheRotary'shighestawardforhisleadershipinthecountry'svictoryoverpolio.

    34. ArogyaSwamiJosephPaulrajhasbeenawardedtheprestigious2014MarconiSocietyPrize.PaulrajistheonlyIndiabornscientisttoreceiveboththeMarconiPrizeandtheBellMedal,twotopglobalITtechnologyawards.

    35. MadanBabu,anIndianbornscientist,wontheProteinScienceYoungInvestigatorAwardfor201436. AustralianpacerMitchellJohnsonwonthecovetedAllanBordermedal.37. AbhishiktaSShettyofKarnatakawonMissSouthIndiaPageantTitle38. CyrusMistrywinsDSCPrize2014forSouthAsianliteratureforhisbookChroniclesofaCorpseBearer.39. TaiwanesepoetYushiwasawardedtheThiruvalluvarawardbytheTamilNadugovernmentinChennai.Yushiisthefirstforeign

    scholartoreceiveThiruvalluvaraward.40. GermanygoalkeeperNadineAngererhasbeennamedthebestwomen'sfootballplayerintheworldfor2013.41. FIFAnamedPortugueseattackerCristianoRonaldoworld'sbestsoccerplayerforthe2012/2013season.42. SunilGangopadhyayMemorialAwardof2012and2013:twoeminentBengalipoets,namelyNirendranathChakraborty

    andSankhaGhosh,respectively.43. 12YearsaSlave'winsGoldenGlobeforbestdramaticfilm.12YearsaSlave,'directedbyBritishfilmmakerSteveMcQuee44. 'AmericanHustle'wontheGoldenGlobeawardforthebestcomedyormusicalfilm.'AmericanHustle,'directedbyDavidO

    RussellandstarringChristianBale45. LeonardoDiCapriohaswontheGoldenGlobeforbestactorinacomedyormusicalfor'TheWolfofWallStreet.46. IrrfanKhanwonthebestactorawardforhisbrilliantperformanceinhisfilmTheLunchboxatthe10theditionofDubai

    InternationalFilmFestival(DIFF).47. C.K.Nayuduaward:FormerIndiacaptainKapilDevreceivedtheCol.C.K.NayuduLifetimeAchievementAwardfor2013.48. TheUnionMinistryofPowerhasselectedthePoovarIslandResortfortheNationalEnergyConservationAward201349. SahityaAkademiAwards2013:JavedAkhtarhasbeenchosenfor"Lava",hiscompilationof55Urdupoems.

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    50. EminenthistorianBipanChandra:wasawardedItihasRatnafromAsiaticSocietyBihar.BipanChandraisthefourthhistoriantobehonouredwiththeItihasRatnabythesociety.Note:i.TheRiseandGrowthofEconomicNationalism,isoneofhisknownandoneoftheearliestbook.ii.HehasbeenaChairpersonofthecentreforhistoricalstudiesatJawaharlalNehruUniversityinNewDelhi.

    51. RajivGandhiInternationalAirportofHyderabadreceivedSwordofHonouraward.Note:i.RajivGandhiInternationalAirportLtdisoperatedbyGMRHyderabadInternationalAirportLtd(GHIAL)anditisfirstairportinIndiatoreceivethisaward.ii.TheSwordofHonourisconsideredtobeOscaroftheSafetyWorld

    52. LingaiahNagarapu,PrincipalScientistattheCSIRIndianInstituteofChemicalTechnologyhasbeenhonouredwiththebestscientistawardofScienceTechFoundation(STF)

    PadmaAwards2014:PadmaVibhushan1.DrRaghunathAMashelkar:ScienceandEngineering,Maharashtra2.BKSIyengar:Yoga,MaharashtraPadmaBhushanGulamMohammedSheikh,ArtPainting,GujaratBegumParveenSultana,ArtClassicalSinging,MaharashtraT.H.Vinayakram,ArtGhatamArtist,TamilNaduKamalHaasan,ArtCinema,TamilNaduJusticeDalveerBhandari,PublicAffairs,DelhiRuskinBond,LiteratureandEducation,UttarakhandPullelaGopichand,SportsBadminton,AndhraPradeshLeanderPaes,SportsTennis,MaharashtraProfLloydIRudolph,LiteratureandEducation,USAPadmaShriMohammadAliBaig,ArtTheatre,AndhraPradeshNayanaApteJoshi,Art,MaharashtraVidyaBalan,ArtCinema,MaharashtraAnjumChopra,SportsCricket,DelhiSunilDabas,SportsKabbadi,HaryanaLoveRajSinghDharmshaktu,SportsMountaineering,DelhiDipikaRebeccaPallikal,SportsSquash,TamilNaduHBonifacePrabhu,SportsWheelchairTennis,KarnatakaYuvrajSingh,SportsCricket,HaryanaMamtaSodhaSportsMountaineering,HaryanaOscarAward2014:BestFilm12YearsaSlaveDirectedbySteveMcQueenBestActorMatthewMcConaugheyfor:DallasBuyersClubBestActressCateBlanchettfor:BlueJasmineBestDirectorAlfonsoCuarnforGravityBestActorinaSupportingRoleJaredLetofor:DallasBuyersClubBestActressinaSupportingRoleLupitaNyong'ofor12YearsaSlaveBestForeignLanguageFilmTheGreatBeauty(Italy)Note:"Gravity"pulledin7Oscars,includingbestdirector,atthe86thAcademyAwardsonMarch2,2014.

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    61stNationalFilmAwards:BestFilm:'ShipofTheseus'DirectorAnandGandhiBestActor:RajkumarRaofor'Shahid'andSurajVenjaramuduandVenajaramooduforMalayalammovie'Perariyathavar'BestActress:GeetanjaliThapaforLiarsDiceBestDirectorAward:PranjalDuafor'ChidiyaUd'(Hindi)BestPopularFilmprovidingWholesomeEntertainment:'BhaagMilkhaBhaag'BestFilmonSocialIssues:'TojiaDharmKauncha'BestNonFeatureFilm:'Rangbhoomi'BestSupportingActor:SaurabhShukla,'JollyLLB'Note:'CinemaKaCinema'gottheBestBookonCinema,whiletheBestFilmCriticawardwenttoAlkaSahaniaDirectorofFilm'Shahid'HansalMehtaDirectorofFilm'JollyLLB'SubhashKapoorDirectorofFilmLiarsDiceGeetuMohandasTheIIFA2014AwardsWinnersListBestActor(Male):FarhanAkhtarforBhaagMilkaBhaagBestActress(Female):DeepikaPadukoneforChennaiExpressLifetimeAchievementAward2014:ShatrughanSinhaBestEntertaineroftheYear:DeepikaPadukoneBestFilm:BhaagMilkaBhaagBestDirector:RakeyshOmMehraforBhaagMilkhaBhaag.BestDebutantAwardmap:DhanushforRaanjhanaaBestStoryAward:PrashoonJoshiforBhaagMilkhaBhaagBestLyricWriter:MithoonforTumHiHofromAashiqui2BestMalePlaybackSingerAward:ArijitSinghforTumHiHofromAashiqui2BestFemalePlaybackSingerAward:ShreyaGoshalforSunRahaHaiNaTufromAashiqui2JohnTravoltahonouredtheMostPopularAllTimeInternationalStarinIndiaatIIFAawards59thFilmfareAwards2014:1.BestActress:DeepikaPadukoneGoliyonKiRasleelaRamLeela2.BestActor:FarhanAkhtarBhaagMilkhaBhaag3.BestFilm:BhaagMilkhaBhaag4.BestDirector:RakeyshOmprakashMehraBhaagMilkhaBhaag5.BestLyrics:PrasoonJoshiZinda(BhaagMilkhaBhaag)6.BestDebut(Director):RiteshBatraTheLunchbox7.BestDebut(Male):DhanushRaanjhanaa8.BestDebut(Female):VaaniKapoorShuddhDesiRomance9.BestStory:SubhashKapoorJollyLLB10.BestActorinaSupportingRole:NawazuddinSiddiquiTheLunchbox11.BestActressinaSuportingRole:SupriyaPathakRamLeela12.LifetimeAchievementAward:Tanuja

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    PersoninNews:

    1. Dr.ManmohanSinghresigns.asPrimeMinisterofIndia.2. Nitish Kumar resigns as Bihar CM3. LakhdarBrahimi:UNEnvoyonSyriaresigned4. AlenkaBratusekSloveniasPrimeMinisterresigned.5. DilipShanghvinamedamongAsiasrichestselfmadebillionaires.6. ManojVaish,ManagingDirector&CEOofMultiCommodityExchangeofIndiaLtd(MCX),resigned.7. PElangointerimCEO&WholetimeDirector,quitfromCairnIndia.8. AamirKhanElectionCommissionsNationalIconforLokSabhaElections20149. ArjunKapoorNamedNationalAmbassadorforEarthHour201410. VivekGundotra,chiefofGooglessocialnetworkingventureGoogle+resigned.11. NancyPowellresignedastheUSAmbassadortoIndia12. PrimeMinisterofKazakhstanSerikAkhmetovhasresigned13. SouthKorea'sPrimeMinisterChungHongWongiveresignoverthesinkingofapassengerferrythatleftmorethan300people

    deadormissing.14. JusticeKTThomasquitsasheadofLokpalsearchcommittee15. HazemElBeblawi:EgyptianPMresigns.16. ArchanaBhargava:ChairmanandManagingDirectoroftheUnitedBankofIndia,hasresigned.17. ZakaAshraf:PrimeMinisterNawazSharifsackedZakaAshrafastheChairmanofthePCB18. SubInspectorKPrasadBabuwashonouredposthumousAshokChakraforanantiNaxaloperation.19. JamilaBayaz,firstwomentobeappointedpolicechiefofKabulprovince.SheisthefirstwomaninAfghanistantobeappointed

    aspolicechiefofanentiredistrict.20. EnricoLetta:ItalyPrimeMinisterresigned.21. ArvindKejriwal:resignfromthepostofChiefMinisterofDelhi.22. PopeFranciswasnamedasthePersonoftheYear2013byTimeMagazine.23. WiproChairmanAzimPremjiwontheEconomicTimesLifetimeAchievementAward2013forhisroleincreatingIndia'sthird

    largestsoftwareexporter.24. AliLarayedh:PrimeMinisterofTunisiaresigned25. IndianoriginacademicianRakeshKhuranahasbeenappointeddeanoftheprestigiousHarvardCollege.HesucceedsEvelynn

    Hammonds.26. ParveenAmanullah:BiharFirstWomanMuslimMinisterResigns27. TeestaSetalvad,accusedformisusingforeignfundsmeantforhelpingthevictimsofthe2002Gulbargsocietymassacre.28. MichaelFerreira:Billiardschampionwasaccusedin425crorerupeesscaminmultilevelmarketingfirmQNet.29. JusticeA.K.Ganguly:WestBengalHumanRightsCommissionchairmanJusticeA.K.Gangulyresignedfromthepostofhonorary

    professoroftheNationalUniversityofJuridicalSciences30. VBalakrishnan:FormerInfosysCFOjoinsAAP31. HardeepSinghPuri:whoretiredasIndiasPermanentRepresentativetotheUnitedNations,todayjoinedBJP.32. ChandraKantBirlaChairmanofHindustanMotorsLimitedresignedfromtheboard.33. MichaelSchumacher,isinacomaandremainsina"critical"conditionafterstrikinghisheadinaskiaccident34. DevyaniKhobragade:Khobragade,India'sdeputyconsulgeneralinNewYork,wasaccusedbyManhattan'sIndianAmerican

    USAttorneyPreetBhararaofvisafraudandexploitingherbabysitterandhousekeeper.35. ShashiTharoorPETA's'personoftheyear'byanimalrightscampaignerPETA(PeoplefortheEthicalTreatmentofAnimals)for

    initiatingstepsforanimalprotection.36. ShomaChaudhury,managingeditorofTehelka,announcedherresignationfromtheTehelka,aninvestigativemagazine.37. TarunTejpal:Tehelkaeditorinchiefwasarrestedonchargesofsexuallyassaultingayoungcolleague.38. MathewMartoma:IndianoriginhedgefundportfoliomanagerMathewMartomaconvictedforhisroleinthe$275million

    insidertradingscheme,themostlucrativeinU.S.history.

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    Books&TheirAuthors1. BookMyYearswithRajivandSoniawrittenbyR.D.Pradhan2. BookModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.

    SomeotherbooksofSameerKochhar:1.Growth&Finance2.SpeedingFinancialInclusion.3.PolicymakingforIndianPlanning4.BuildingfromtheBottom:InfrastructureandPovertyAlleviation

    3. Book:CrusaderorConspirator?CoalgateandotherTruthsauthoredbyPCParakh4. Book:TheAccidentalPrimeMinister:TheMakingandUnmakingofManmohanSinghauthoredbyDr.SanjayaBaru5. Book:LalBahadurShastri:LessonsinLeadershipwrittenbyPavanChoudary.6. Book:RationalisedRomanforKashmiriwrittenbyDr.RLBhat7. Book:NarendraModi:APoliticalBiographywrittenbyAndyMarino.8. Book:PublicIssuesBeforeParliamentwrittenbyVijayDarda9. Book:ThePoliticalEconomyofEnergyandGrowthauthoredbySh.

    NajeebJung10. Book:IndiaatRisk:authoredbyJaswantSingh.11. BookModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.12. Book:Water,PeaceandWarConfrontingtheGlobalWaterCrisiswrittenbyBrahmaChellaney.13. HardChoicesauthoredbyHillaryRodhamClinton14. Book:GreaterthanBradman:celebratingSachin,thegreatestbatsmaninTesthistoryauthoredby:RudolphLambert

    Fernandez,aChennaibasedauthor.15. Book:UnbreakableAnAutobiographybyMaryKom16. TheLuminariesby:EleanorCatton.ShewontheManBookerPrize2013.17. WalkingWithGiants:authoredbyformerFinanceSecretaryG.Ramachandran.18. "IamMalal:authoredbyChristinaLamb.19. MomentousTimesonthe175yearsofTimesofIndia.ThebookisaneffortoftheTimesofIndiaGroup.20. "VictoryIndiaAKeytoQualityMilitaryLeadership"authoredbyColonelVinayBDalvi(Retd)21. TheDaVinciCode:DanBrown

    SomebooksauthoredbyRBIGovernor:RaghuramRajan

    AidandGrowth FaultLines India'sPatternofDevelopment TheRealEffectofBankingCrises ControlledCapitalAccountLiberalization SavingCapitalismfromtheCapitalists

    LEADERSVISITEDINIDIA

    1. OmansForeignMinisterYousufbinAlawibinAbdullahvisitedIndia.2. KingofBahrainHamadbinIsaAlKhalifavisitedIndiaonFebruary1820,2014.3. PresidentofZanzibar,Dr.AliMohamedSheinvisitedIndiafrom1to9February2014.Zanzibarisasemiautonomouspartof

    Tanzania,inEastAfrica.4. GermanPresidentJoachimGuackvisitedIndiaon4thFeb20145. FrenchFirstLadyValerieTrierweilervisitedInidaon25thJan2014.6. KingofBhutan,JigmeKhesarNamgyelWangchuckandQueenJetsunPemaWangchuckvisitedIndia7. SouthKoreanPresidentParkGeunhyevisitedIndia.

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    OBITUARY1. Russy Mody: Management guru Russy Mody who was known for his man management while he headed Tata Steel and was awarded

    Padma Bushan died 2. Capt.C.P.KrishnanNair,FounderChairmanofTheLeelaPalaces,HotelsandResorts,passedaway3. NJanardhanReddy:FormerAndhraPradeshChiefMinisterdied.4. ElenaBaltacha:Extennisplayerdiesofcancer5. KhaledChowdhury:Notedtheatrepersonalitydied6. BobHoskins:Britishactordies7. TitoVilanova,FormerBarcelonacoachVilanovadies.8. PulitzerPrizewinningjournalistAnjaNiedringhausshotdeadinAfghanistan.9. KhushwantSingh:Famouswriterandjournalistpassedaway10. FormerPresidentofGuineaKumbaYaladied11. Nanda:VeteranBollywoodactresspassesaway.12. DKJain:LuxorGroupChairmanpassesaway13. GabrielGarciaMarquez,theNobellaureatewhoseintoxicatingnovelsandshortstoriesexposedmillionsoutsideLatinAmerica

    passesaway.14. FormerSierraLeonePresident,AhmadTejanKabbahdied15. BritishsocialiststalwartTonyBenndies16. NotedeconomistandacademicianG.K.Chadhapassedaway17. PRamdas:Malayalamdirectorpassesaway18. K.SuryanarayanaRaja,formerinternationalbasketball

    playerpassedaway.19. JoeMcGinniss,authorofFatalVisiondied20. WilliamClayFordpassesaway 21. JagatSinghMehta:FormerForeignSecretarydied22. J.S.Sarma:FormerTRAIChairmanpassesaway23. HanumathShastry,theeminentTelugulitterateurdied24. BangaruLaxman:FormerBJPpresidentdies.25. LegendaryGuitarist:PacodeLuciapassedaway26. ProkashKarmakar:Eminentpainterdied27. BaluMahendra:Veteranfilmmakerpassedaway.28. KarlSlym:MDofTataMotorsdiedafterfallingfromhotelbuildinginBangkok29. SudhirMahato:theformerDeputyChiefMinisterofJharkhanddied30. AkkineniNageswaraRao:PadmaVibhushanandDadaSahebPhalkeawardeepassedaway.ANRisfondlycalledtheTragedy

    KingofTelugucinema.31. SuchitraSen:LegendaryBengaliactorpassedaway32. NamdeoDhasalRenownedMarathipoetandactivistpassedaway33. SyednaMohammedBurhanuddi:ThespiritualleaderoftheDawoodiBohracommunitypassedaway34. SilverineSwer,Meghalaya'sfirstPadmaShriAwardeedied35. AdhipChaudhuri,aninternationaleconomistwhotaughtatGeorgetownUniversity,diedinVienna,36. ArielSharon:FormerIsraeliPrimeMinisterDies37. IIaPathaksocialactivistdied38. VishwanathBondre:FormerMumbaiRanjiTrophycricketerdied39. FarooqSheikh:veteranHindiactordied40. MikhailKalashnikov:thedesigneroffabledAK47automaticrifle,diedinRussia.AK47'snamestandsfor"Kalashnikov's

    Automatic"andtheyearitwasdesigned,1947.41. IshratAliSiddiqui:Freedomfighter,veteranJournalistandPadmShreeawardeedied42. AnjaliDevi:VeteranSouthIndianfilmactressdied43. MichiakiTakahashi:developedChickenpoxvaccinediedinJapan.44. PranChopra:Veteranjournalistdied45. G.S.Shivarudrappa:DistinguishedKannadapoet,writerandresearcherG.S.Shivarudrappa(87)passedaway.Thewriter,was

    awardedwiththetitleofRashtrakavibytheGovernmentofKarnatakain2006.46. SisRamOladeadUnionLabourandEmploymentMinisterSisRamOladiedataGurgaonhospitalafteraprolongedillness.

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    47. JoanFontaine:Oscarwinningactorhasdiedattheageof9648. BabulPhukan:FormerfootballerdiedinGuwahati49. NelsonMandela,theantiapartheidrevolutionaryofSouthAfricadied50. SandeepAcharya:IndianIdolwinnerpassesaway.51. RonnieBiggs:knownforhisroleinthe1963GreatTrainRobbery,died.52. NarayanSahu:FormerOdishaMLAandfreedomfighterpassesaway53. PhilipSeymour:OscarwinningactorHoffmandied.

    SportsNews

    AustralianOpen2014:1.MensSingle:Switzerland'sStanislasWawrinkaclaimedhisfirstGrandSlamtitlebydefeatingRafaelNadal2.WomensSingle:LiNa(China)defeatDominikaCibulkova.LiNabecomesfirstChinesewomantoclinchtitle.3.WomensDoubles:ErraniandRobertaVincibeatRussia'sEkaterinaMakarovaandElenaVesnina

    MadridTitle2014:RafaelNadal defeat Kei Nishikori in the final to win the title. MonteCarloMastersTennis2014:StanislasWawrinkabeatRogerFederer.Miami(Sony)Open2014:1.MensSingle:NovakDjokovicdominatesRafaelNadaltowinfourthMiamititle.2.WomensSingle:SerenaWilliamsbeatLiNatowinseventhMiamiTitleNote:ManilawillhostthefirstlegofthenewlylaunchedInternationalPremierTennisLeague

    ListofTop5CountriesMedalStandingsofSochi(Russia)2014WinterOlympics:

    Rank Country Gold Silver Bronze Total1 RussianFed. 13 11 9 332 Norway 11 5 10 263 Canada 10 10 5 254 UnitedStates 9 7 12 285 Netherlands 8 7 9 24

    Note:FifteenyearoldRussianskaterYuliaLipnitskayahasbecometheyoungestathleteintheworldtowinaGoldmedalattheWinterOlympics

    ICCWorldCupCricketVenue:ODI:(OnedayInternational):1.Australia&NewZealand:2015CricketWorldCup.2.Englandwillhost2019CricketWorldCup.3.Indiawillhost2023WorldCupforthefourthtime.T20:1.Bangladeshhostthe:WorldT20Cup2014.(ForMen&women)2.Indiawillhostthe:WorldT20Cup2016.(ForMen&women)3.AustraliatohostWorldT20in2020.(ForMen&women)4.WestIndiestohostWomen'sWorldT20in2018andUnder19CricketWorldCupin2022.Note:ICCWomensWorldCup2013AustraliadefeatedWestIndiesatBrabourneStadiuminMumbai.The2013WorldTwenty20QualifierarescheduledtobeplayedinNovember2013intheUnitedArabEmirates.Test:1.EnglandtohostCricketWorldTestChampionsin2017(forfirsttime).2.IndiawillhostWorldTestChampionshipin2021.

    Note:ICCU19WorldCup2014heldinUAE.SouthAfricawonthetitle.

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    FIFA(Football)WorldCUPhosts:

    1.2014:Brazil(Mascot:SmilingArmadillotobetheofficialMascotof2014FIFAWorldCupBrazil).2.2018:Russia3.2022:Qatar

    FIFAranking:20141.Spain2.Germany3.Portugal4.BrazilIndiadroptwoplacesto147inFifaranking.OlympicsGameshostcities:

    1.2014winter:Sochi(Russia)2.2016Summer:RiodeJaneiro(Brazil)3.2018winter:Pyeongchang(SouthKorea)4.2020summer:Tokyo(Japan)

    AsianGameshostcities:1.2014:Incheon(SouthKorea)(Note:2010AsainGamesheldinGuangzhou,China).Note:Vietnam(Hanoi)decidednottohostthe2019AsianGamesforfinancialreasons,andwasexploringprocedurestowithdrawfromstagingtheregion'slargestsportingevent.

    ICCRankingsForTests,ODIsandTwenty20

    Test ODI Twenty20Australia Australia IndiaSouthAfrica India SriLankaEngland SriLanka PakistanPakistan England SouthAfricaIndia SouthAfrica Australia

    1. MensT20WorldCup2014:SriLankadefeatIndiatowinthemaidentitle.2. WomensWorldT202014:AustraliadefeatEnglandinthefinaltowinthetitleforthethirdtimeinarow.3. AsiaCupTitle2014:SriLankadefeatPakistantowinthetitle.

    Note:ItistheirfifthAsiaCupsuccess,equalingtherecordofIndia.4. ICCU19WorldCup2014:SouthAfricabeatsPakistantoliftthetitle.5. RanjiTrophy2014.KarnatakabeatMaharashtratoliftthetitle.Karnatakahavewonthetrophyforseventhtime.6. IraniTrophy2014:KarnatakawonbydefeatingRestofIndia.7. IndiaclaimU19AsiaCuptitlebydefeatingPakistaninfinal

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    8. VijayHazareTrophy2014:KarnatakawonthetitlebydefeatingRailways9. Grant Flower named as Pakistan batting coach. 10. 68thSantoshTrophy:MizoramdefeatRailwaystowinthetitle.

    Note:ThisisthemaidenSantoshTrophyforMizoramalsothiswasthefirstappearancefortheminthefinalmatch.11. PankajAdvaniwonCCIBiliardstitle.HedefeatedtwotimeworldrunnerupDhruvSitwala12. National Women's Football champions 2014: Manipur defeated Orissa in the final. 13. DeodharTrophy2014:WestZoneliftedthetrophyafterdefeatingNorthZoneinthefinal14. MalaysianGrandPrix2014:Britain'sLewisHamiltonwonthetitle.15. SyedMushtaqAliT20trophy:BarodabeatUttarPradeshtowinthetrophy.16. WorldSnookertitle2014:MarkSelbyofEnglandwonmaidentitle.17. ViratKohliisnumber1ODIbatsmaninlatestICCrankings18. SaeedAjmaltopbowlersinODIranking.HeisfollowedbyDaleSteynandSunilNarinwhileRavindraJadejaisatfourth.19. WaqarYounisappointedasnewPakistancoach.20. MartinKilzanwontheMunichATPtournamenttoclaimsecondtitleofhiscareer.Inthefinalmatch,hedefeatedFabioFognini21. ChitraMagimairajWinsWorldWomen'sSeniorsnookertitle22. TheIndoZimbabweantennispairofSaniaMirzaandCaraBlackhaswontheWTAPortugalOpenwomen'sdoublestitle.23. KamalChawlahassettledforabronzemedalintheAsian

    SnookerChampionshipbeingheldintheUnitedArabEmirates.24. PunjabwonJuniorNationalHockeyTitle2014bydefeatingOdisha

    inthefinal.25. NovakDjokovicwonIndianWellsfinalbydefeatingRogerFederer.26. India'sHeenaSidhuclinchedWorld'sNo.1spotin10mtsairpistol

    event.27. GeorgeBaileyleadKingsXIPunjabintheseventheditionoftheIndianPremierLeague28. AustralianallrounderShaneWatsonwillcaptainRajasthanRoyalsintheIndianPremierLeague(IPL).29. SunilGavaskarappoints(HDFCchairman)DeepakParekhashisspecialadvisorfor7theditionofIPL30. USsprintstarTysonGayhasreceivedaoneyeardopingbanfromtheUSAntiDopingAssociation.31. TriplejumperRenjithMaheswary,whohasbeenstoppedfromreceivingArjunaAwardundercontroversialcircumstanceson

    chargesofdopeviolationlastyear,hasagainbeenrecommendedbytheAthleticsFederationofIndia(AFI)forthecovetedhonourthisyear.

    32. Darren Sammy retires from test cricket but remains T20 captain. 33. Ronnie OSullivannamedasSnookersPlayeroftheYear.34. LasithMalinga,newcaptainofSriLankaT20team35. NewZealand'sKiwiKathyCrossbecamethefirstwomantobeinductedinanICCumpires'panel36. DipikaPallikalrankedNo10inWomensSquashAssociation(WSA)rankings37. SainaNehwalwonSyedModiInternationalIndiaGrandPrixGoldbadmintoncrownbydefeatingPVSindhuinLucknow.38. BCCIrecommendsRavichandranAshwin(Offspinner)forArjunaAward.39. AnirbanLahiriwonIndonesianMastersgolftitle.40. GrandMasterAdhibanwonsilvermedalattheAsianContinentalChessChampionship41. DelhiWaveridersbeatJaypeePunjabWarriorstolifts2ndeditionofHockeyIndiaLeaguecup.42. RafaelNadalremainstopofthemensATPtennisrankings.43. SerenaWilliams(USA)remainstopoftheWTAtennisrankings44. ChennaitohostWorldBridgeChampionshipsnextyear.45. ShaikAbdulHameedofIndiawonthe2014ThailandTourtitleofAsianBowlingFederation(ABF).46. ChainSinghandHeenaSidhuclaimedgoldmedalsintheseventhAsianAirGunChampionshipinKuwait47. SwimmerSupriyaMondalhasqualifiedforthe2014YouthOlympicsbywinningagoldmedalinthe200mbutterflyeventat

    theDubaiInternationalAquaticChampionshipsinHamdan.48. ManavjitSinghSandhu,theIndianveterantrapshooterjumpedtothethirdspotintheworldrankings.49. PoojaGhatkarclinchesgoldinwomensairrifleintheseventhAsianairgunchampionship50. FormerAustraliatestbatsmanMarcusNorthretires.51. Spain'sRealMadridretainedthetitleoftheworld'srichestsoccerclub52. NetherlandsbeatNewZealandtowinmaidenHeroHockeyWorldLeaguetitle53. JimmyWalkeroftheUSwontheSonyOpengolftournamentheldinHawaii54. VeteranIndianshuttlerArvindBhatliftsGermanOpentitle

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    55. AdityaJoshiisworldNo.1juniorshuttler.56. SerenaWilliamsbeatVictoriaAzarenkatowinBrisbaneInternationalTitle.57. ATPOpenTennistournamentheldinChennai.58. JacquesKallisovertakesRahulDravidtobecome3rdhighestTestrungetter59. Dubaitennischampionship:RogerFedererdefeatdefeatingTomasBerdych.60. GraemeSmith,theSouthAfricancricketteamCaptainannouncedretirementfrominternationalcricket.61. SouthAfrica'slegendaryallrounderJacquesKallisannouncedretirementfromTestcricket.62. VeteranSriLankanbatsmanMahelaJayawardenehasbecomethesixthhighestrunscorerinthehistoryofTestcricket63. KumarSangakkara,thecricketerofSriLankannationalteambecamethesecondpersoninthehistoryofCrickettoscorea

    triplecenturyandacenturyinthesametestmatch,hejoinedGrahamGooch,theformerskipperofEnglandteam.64. VeteranIndianplayerJoshnaChinappaliftedhermaidenWSAWorldTourtitlewiththeWinnipegWinterClubOpentrophy

    afterbeatingEgypt'sHebaElTorky.65. VernonPhilanderofSouthAfricatoppedTestbowlerrankingofICC66. England'sspinnerGraemeSwannannouncedretirementfromInternationalCricket.67. ZaheerkhanbecamethefourthIndianbowlertoclaim300wicketsinTestcricket.JacquesKalliswashis300thwicketin

    internationaltestcricket.BowlersofIndia,whohastaken300wicketsnamelyKapilDev(434wickets),AnilKumble(619wickets)andHarbhajanSingh(413wickets).

    68. IndiadefeatPakistantoliftKabaddiWorldCup2013title.DefendingchampionIndiaretainedthetitlefourthconsecutiveterm69. IndiawinWomen'sKabaddiWorldCup2013forthethirdtimeinarow,defeatingdebutantNewZealand4921inthesummit

    clashplayedatGuruGobindSinghsportscomplexinJalandhar(Pinjab).70. JuniorHockeyWorldCup2013:GermanybeatFrance,registerrecordsixthworldtitle.71. RisingTestbatsmanCheteshwarPujarahasbaggedthe'EmergingCricketeroftheYear'2013trophy.72. TheInternationalCricketCouncil(ICC)hassuspendedWestIndiesoffspinnerShaneShillingfordfrombowlingininternational

    matchesbecauseofillegalaction.73. AndyMurraycrownedBBC'SportsPersonalityoftheyear'2013.74. EthiopianRunnerAtseduTsegaywonDelhiHalfMarathon2013.75. AustraliabeatEnglandtoseal50Ashestitle76. HockeyWorldLeagueFinalkickedoffinNewDelhi77. 75thSeniorNationalTableTennisCshipheldinPatna78. ThefirsthighaltitudecricketstadiuminSouthIndia,inauguratedatKrishnagiriinWynaddistrictofKerala.79. WorldandEuropeanchampionsSpaintopthefinalFIFAworldrankingsoftheyearforthesixthtimeinarow.80. MaheshMangaonkarbecamethefirstIndiansquashplayertowintheIMETOpenbydefeatingGregLobban,intheSlovakian

    capitalofBratislava.81. JohnIsnerbeatLuYenhsunofTaiwantowinAucklandtitle

    NewsRelatedToDefence&Technology

    1. BolivialaunchedcountrysfirsttelecommunicationsSatelliteTupakKatariNote:CapitalofBolivia:Sucre,President:EvoMorales

    2. IRNSS1A,IRNSS1BIndia'snavigationsatellite.3. PakistansuccessfullytestfiresHaftIII(Ghaznavi)ShortRangeSurfacetoSurfaceBallisticMissile.Range290km4. IndoNepaljointmilitaryexerciseExSuryaKiranDrillsVIheldatSaljhandiinRupandehidistrict.5. Thelargest130MWSolarPowerPlantofIndiaWelspunSolarMPProjectwaslaunchedatBhagwanpurinNeemuch,Madhya

    Pradesh6. NTPCsignedaMemorandumofUnderstanding(MoU)withBiharStatePowerGenerationCompanyLimited(BSPGCL)and

    LakhisaraiBijleeCompanyPrivateLimited(LBCPL)todevelopa1320MW(2X660MW)ThermalPowerProjectatKajrainLakhisaraidistrictofBihar.

    7. NathpaJhakriHydroPowerStationawardedagoldshieldon4February2014foritsmeritoriousperformancein201314.NathpaHydropowerStationconsecutivelythirdtimereceivedtheaward.Note:TheNathpaJhakriDamisaconcretegravitydamontheSatlujRiverinHimachalPradesh.

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

    9. FastPatrolVesselAbhinav,theIndianCoastGuardShipcommissionedinKochi10. GSLVD5launchplacesIndiaineliteleagueoftheU.S.,Russia,France,JapanandChinaTheGSLVisdesignedtoinjectits

    passengerspacecraftintotheintendedGeosynchronousTransferOrbitwithacombinationofsolid,earthstorableliquidandcryogenicpropellantsinitsfirst,secondandthirdstages,respectively.

    11. IndianmissiontoMarsblastsoffsuccessfully.TheMarsOrbiterMission,knownas"Mangalyaan".Note:i.OnlytheUnitedStates,RussiaandtheEuropeanSpaceAgencyhavebeensuccessfulinthismission.ii.TheUnitedStatesistheonlynationthathassuccessfullysentroboticexplorerstolandonMars,themostrecentbeingCuriositywhichtoucheddowninAugust2012.iii.IndianSpaceResearchOrganisation(ISRO)chairmanK.Radhakrishnan.iv.ThesatelliteisscheduledtoreachtheMarsorbitinSeptember2014andisdesignedtocircletheRedPlanetinanellipticalorbitof366kmX80000km.v.PrimaryobjectivesoftheMarsmissionaretodemonstrateIndiastechnologicalcapabilitytosendasatellitetoorbitaroundMarsandconductmeaningfulexperimentssuchaslookingforsignsoflife,takepicturesoftheredplanetandstudyMartianenvironment.

    12. IRNSS1A,India'sfirsteverdedicatedNavigationsatellitelaunchedblastedofffromtheSatishDhawanSpaceCentreinSriharikota.

    13. INSVikramadityasettojoinIndianNavy.INSVikramadityaisaKievclassaircraftcarrierwhichwascommissionedbyRussianNavyin1987underthenameBaku.

    14. Missiles:1.Nuclearcapable'AgniV'testedforsecondtime.'AgniV'longrangeballisticmissile.strikerangeofmorethan5000kmNote:IntheAgni(SurfacetoSurfacemissile)series,IndiaatpresenthasAgni1with700kmrange,Agni2with2000kmrange,Agni3andAgni4with2500kmtomorethan3500range.AgniVmorethan5000kmPrithvi:1.PrithviI150km 2.PrithviII350km 3.PrithviIII350km600km

    HeadquarterofInternationalOrganisation

    UNO NewYork UNICEF NewYork UNESCO Paris UNIDO Vienna WHO Geneva UNFPA NewYork SAARC Kathmandu ILO Geneva WorldBank WashingtonD.C IMF WashingtonDC WTO Geneva

    InternationalCourtOfJusticeTheHague InternationalAtomicEnergyAgencyVienna InternationalCommitteeoftheRedCrossGeneva InternationalMaritimeOrganisationLondon FoodandAgriculturalOrganisationRome WorldMeteorologicalOrganisationGeneva AmnestyInternational London TransparencyInternational Berlin WorldIntellectualPropertyOrganizationGeneva InternationalRenewableEnergyAgencyAbuDhabi

    (UAE)

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    CommonwealthofNationsLondon InternationalStandardsOrganisationGeneva

    ImportantDaysofMarch/April&MayMarch March4WorldDayoftheFightAgainstSexualExploitation March8 InternationalWomensDay March13WorldKidneyDay March15WorldDisabledDay March15WorldConsumerRightsDay March21WorldForestryDay March21InternationalDayfortheEliminationofRacialDiscrimination March22WorldWaterDay March23 WorldMeteorologicalDay March24WorldTBDayApril 5thAprilNationalMaritimeDay 7thAprilWorldHealthDay 10thApril WorldHomoeopathyDay(BirthdayofSamuelHanimen) 14thAprilWorldAeronauticsandCosmologyDay 14thApril AmbedkarsBirthAnniversary

    17thApril WorldHemophiliaDay 18thAprilWorldHeritageDay 21stApril IndianCivilServiceDay 22ndAprilEarthDay 23rdApril WorldBooksandCopyrightDay 24thApril PanchayatDivasMAY May1:InternationalLabourDay/MaharashtraDay May3:WorldPressFreedomDay/InternationalEnergy May8:WorldRedCrossDay/WorldThalessemiaDay May9: Victoryday May11: WorldTechnologyDay May12: InternationalNursesDay May13: NationalSolidarityDay May14: WorldMigratoryDay May17: WorldTelecommunicationDay/ May21: AntiTerrorismDay May24: CommonWealthDay May29: MountEverestDay May31: AntiTobaccoDay

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    ABBREVIATIONINNEWS1. DICGC:Depositinsuranceandcreditguarantee

    corporation.2. OLTAS:OnlineTaxAccountingSystemisusedforDirect

    Taxes3. TIN:TaxInformationNetwork4. IMPS:InterbankMobilePaymentService5. BSBDABasicSavingsBankDepositAccount6. FCNR(B)ForeignCurrencyNonResidentBank7. TARCTaxAdministrationReformCommission8. ITEs:IntraGroupTransactionsandExposures9. LCR:LiquidityCoverageRatio10. NSFR:NetStableFundingRatio11. REER:RealEffectiveExchangeRate12. LRMT:Liquidityriskmonitoringtools13. CBS:CoreBankingSolution14. DEAF:DepositorEducationandAwarenessFund15.