FEBRUARY: 2014

JULY : AUGUST 2014 (CURRENT)

TARGET IBPS PO 2014-15CURRENT UPDATES JULY & AUGUST MONTH

NAGPUR & PUNE CENTRE

UPDATED UP TO 16/08/2014JULY/AUGUST: 2014

YASHSHREE COMPETITION ZONE

Current RBI RATES 16/08/2014 1. Repo Rate 8% 2. Reverse Repo 7% 3. CRR 4% 4. SLR 22% (changed from 22.5%) on 05/08/2014 5. MSF 9% 6. Bank Rate 9%

India Celebrated 68th Independence Day, where Prime Minister Narendra Modi integrated for poorest of the poor with bank accounts under 'Pradhanmantri Jan-Dhan Yojana', which cover Rs 1 lakh insurance. Arun Jaitley re launched VPBY Varistha Pension Bima Yojna on eve of the 68th Independence Day for Vulnerable Section of Society providing Monthly pension ranging from 500 to 5,000 per month to Senior Citizens. India's highest peacetime gallantryaward Ashoka Chakrawill be conferred on Major Mukund Varadarajanon independence Day. Subhash Sheoratan Mundra (Chairman & MD of Bank of Baroda) took charge as the fourth Deputy Governor of the RBI in Place of K C Chakrabarty. Rama Subramaniam Gandhiis a Deputy Governor of theRBI he was appointed as Deputy Governor after a protracted period of uncertainty and controversy following the retirement ofAnand Sinha. RBI guidelines for implementation of Bharat Bill Payment System (BPPS), ananytime anywherebill payment System which enable the customers to pay the bills with the help of agents and getting instant confirmation of the payment made. State Bank of India (SBI) has launched three digital banking facilities for the convenience of SBI customers 1ST will offer customers the facility to open accounts and 2ND avail of housing loans at their doorsteps through Tab Banking & The third service is e-KYC (Know your Customer). Botswanas Okavango Delta became the 1000thsite inscribed on the World Heritage recently Announced by UNESCO.COUNTRY/DEPT/STATEPERSON

INTERNATIONAL APPOINTMENTSINTERNATIONAL APPOINTMENTS

President (IRAQ)Muhammad fuad masum

PM (IRAQ)Haider al-Abadi

Pm (libya)Abdullah al thani

President (Malawi)Peter Mutharika

Presidnet (italy)Giorgio napolitano

Goodwill Ambasdor to UNEmma Watson

President (egypt)Abdel fattah

PrimeMinisterofSouthKoreaChung Hung Won

Treasury minister of ukPriti patel (indian born)

Turkey (President)Recep Tayyip Erdogan

IndonesiaPresidentJoko Widodo

EuropeanCommissionpresident (to be)JeanClaude Juncker

President(ICC).Mustafa Kamal

Chairman (ICC)N Srinivasan:

Pakistanienvoy toIndia:Abdul Basit

INDIAN APPOINTMENTSINDIAN APPOINTMENTS

Chairman (indian council of historical research) ichrY sudharshan rao

CBDT chairmanKv chowdary

4th dupty governor (RBI)S s mundra

28th army chiefDalbir singh

Dy. Speaker LoksabhaM Thambidurai

Chief (staff committee) coscArup raha

Ajit dovalNational security advisor

Horticulture ambassador (MAH)Amitabh bachchan

Pvt secretary of pmSanjeev kumar singla

Governor HaryanaKaptan singh solanki

Governor WBKeshari nath tripathi

Governor UPRam naik

Governor GujratOm Prakash Kohli

Governor ChattisgarhBalram ji das Tondon

Governor MizoramKamla Beniwal

Chairman ICHRY sudharshan rao

Member UN board auditorShashi kant sharma (CAG)

Chariman IOCB ashok

Chairman (CIL) coal india ltdA k dubey

Chairman (CII) conf of ind industryChetan tamboli

Governor chattisgarhBalramji dass

DIN (berkeley law school)Sujit chaudhari (indo us)

SBI life insurance (MD & CEO)Arijit basu

Deputy national security advisorArvind gupta

Jugde of supreme courtAdarsh kumar goel

Sashikant DasRevenue Secratery

Uday Umesh Lalit, Abhay Manohar Sapre, R. Banumathi, Prafull Chandra PantNew Judges SC.

TheAsian Infrastructure Investment Bank(AIIB) is an international financial institution proposed by China, And invited India to participate in the founding the bank. The government reappointed HR Khan as the Deputy Governor of the Reserve Bank of India, for a further period of 2 years. BMB bank inked pact with Gujrat Chamber of commerce and industry to encourage women entrepreneurs. INDIA established ATS message handling system (AMHS) connectivity with Nepal. Tata & Singapore Airlines ltd (SIA) named its upcoming joint venture airline as VISTARA, which will start their service soon. The Air exercise Garuda V.concluded successfully was combined exercise between India and France was.

ORGANIZATINPROJECTION/GROWTH RATE GDPFY YEAR

RBI5.50%2014-15

UN REPORT5.50%2014-15

ADB5.50%2014-15

6.30% (2015-16)

WORLD BANK4.80%2014-15

IMF5.40%2014-15

NSSO (Economic Survey)5.40%2014-15

WTO3.30%2014-15

. India has inked a loan agreement with World Bank for an assistance of 153 million Dollor for the Odisha Disaster Recovery Project. delhi in India has become the worlds second most populous city in 2014 after Tokyo,according to a UN report released recently. Bank of Maharashtra was conferred Best Bank Public Sector award in BFSI Awards-2014 by World HRD Congress. Chandra Shekhar Ghosh, CMD of Bandhan, has received the Entrepreneur of the Year award from the All India Management Association (AIMA). External Affairs Minister Sushma Swaraj and U.S. Secretary of State John Kerry on Thursday co-chaired fifth Indo-US Strategic Dialogue during which the two sides discussed India announced a new liberal visa policy for nationals of AFGANISTAN on humanitarian grounds. Recenty the WORLD BANK has announced that it is increasing its lending capacity to developing countries such as China, India and Brazil. TCS has become the most valued co. in terms off market capitalization of 5 LACS CR. in india in a recent survey. The govt approved sale of 10mn Tonne of Wheat from FCI stock in the open market in order to boost domestic supply and check prices. RBI has raised the FII Sub limit in Govt bonds to 30Bn recently.

COMMITTEESECTOR

Nachiket mor CommitteeFinancial Inclusion

Bimal Jalan CommitteeNew banking licence

MB Shah CommitteeBlack Money/Money Laundring

G Padmanabhan committee

Efficient systems and proficient banks

P J Nayak committeeDisinvestment of Capital Adequacy

Suresh Prabhu CommitteeGas pricing formula

P J Nayak committeeGovernance of Board of Banks

R K Singh committeeParliamentary Security

NACHIKET COMMITTEEPRIVATE BANKS

Indias current account deficit (CAD) is likely to fall to ......... percent of the GDP in 2014-15-=2.1% Recently in Rajasthan state solar thermal power plant has been installed. Third BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit was held in Nay Pyi Taw, Myanmar. 6 country (Ind, Bangledesh, Nepal, S.lanka, Bhutan, Myanmar)The following three pacts were signed:*Memorandum of Association on the Establishment of the BIMSTEC PermanentSecretariat.*Memorandum of Understanding on the Establishment of the BIMSTEC Cultural Industries Commission (BCIC) and BIMSTEC Cultural Industries Observatory(BCIO).*Memorandum of Association among BIMSTEC Member Countries Concerning Establishment of a BIMSTEC Centre for Weather and Climate. The union govt announced to build 200 low cost airports in next 20 years= The Reserve Bank of India (RBI) extended the 80:20 scheme to import gold to five private banks. (HDFC Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank.). AXIS BANK the third largest from the private sector space in the country, launched the "Kisan Card" through which afarmercan withdraw up to Rs 1 lakh per day from automated teller machines (ATMs). Air India (first indian airlines) announce to join largest global airlined network STAR ALLIANCE (Germany) The Lives of Othersauthored by Neel Mukherjee (Kolkata-born British Indian writer) was shortlisted for Man Booker Prize (1969) 2014. The Vijay Mallya Story written by K Giriprakash was published by Penguin Books Limited. The Reserve Bank of India (RBI) cancelled the certificate of registration of six non-banking financial company (NBFCs), Reason not disclosed so far. Amitabh Bachchan, the Indian Megastar was appointed as the horticulture ambassador of Maharashtra. Infrastructure bonds issued by banks will have a minimum maturity period of seven years and will not be considered part of the their net.

SUMMITPLACE/VENUE

G 20 2014SYDNEY (AUSTRALIA)

6TH BRICS SUMMIT 2014PORTALEZA (BRAZIL)

Next 7th will be UFA (RUSSIA)

7TH IBSA Summit 2015

INDIA

40TH G 8 (RUSSIA OUT) 2014BRUSSELS (BELGIUM) was planned at sochi (Russia)

Next 41st will be in GERMANY

Green Economic Summit 2014Dubai

NATO 2014 SUMMITBRITAIN (proposed))

18TH SAARC SUMMIT 2014KATMANDU (proposed)

3RD NUCLEAR SECURITY SUMMIT 2014HAGUE, NETHERLAND (NEXT 2016 AT US)

3RD BIMTEC SUMMIT 2014NAY PYI TAW (MYANMAR)

NAM 2013TEHRAN (IRAN) NEXT 2015 VENEZUELA

9th WTO Ministerial ConferenceBALI INDONESIA

ARAB LEAGUE SUMMIT 2014KUWAIT

World Telecommunications Dev confDUBAI

World Economic Forum 2014Abuja (Nigeria)

Third phase of Science Express Biodiversity Special (SEBS) was flagged off from Safdarjung Railway Station in New Delhi. Union Government of India launched the Rashtriya Gokul Mission (a nationwide scheme) to promote conservation and developments of indigenous breeds of cows (New Delhi). Fund received 150 cr. World Hepatitis Day was observed across the world on 28 July 2014. The years theme was Think Again. RBI has set a minimum paidup capital of Rs.100 crore for those who wish to set up payments and small banks. Union Finance Ministry gave its nod to the proposal to set up rape crisis centres in all district of the country.(aim-offer medical and legal services besides police help). External Affairs Minister Sushma Swaraj visited Nepal recently where she met with she met Nepals top leaders namely President Ram Baran Yadav and Prime Minister Sushil Koirala & Mahendra Bahadur Pandey foreign external affairs minister Nepal. (India & Nepal to boost cooperation in defence, security, trade & investment. Last year Govt of West Bengal Started a Programme KANYASHREE PRAKALPA for Child Marriage Concern Recently got international Recognition by UNICEF. Prime Minister of India, Narendra Modi launched a web platform MyGov.nic.in which enable the citizens especially the youth to volunteer for specific tasks and projects at grassroots level & people to reach the government with ideas and suggestions FOR GOOD GOVERNANCE. The Central Bank of Sri Lanka (CBSL) and the Reserve Bank of India (RBI) signed an agreement, enabling the RBI to access the Sri Lankan government securities market, up to a maximum value of $500 million. The Comptroller & Auditor General CAG of India, Shashi Kant Sharma assumed office as Member of the United Nations Board of Auditors for a term of six year. National Commodity & Derivatives Exchange Ltd (NCDEX) on announced introducing a comprehensive hedge policy for the commodity markets. (aim- making risk management easier, simpler and accessible for commodity businesses.) The Reserve Bank of India RBI penalised 12 banks in Deccan Chronicle Holdings Limited case. The penalty imposed on these banks was of order 1.5 crore rupees The Union Government revised investment target for Dedicated Freight Corridor (DFC) from 27000 crore rupees to 80000 crore rupees. A statue of Mahatma Gandhi would be installed in Parliament Square in London by early next year. European Union extended the sanctions on Russia in wake of the Malaysian Airplane BOEING 777, MH-17 crash that happened over eastern Ukraine. Gariphema village in Nagaland has been declared the country's first "tobacco-free village". 18th Edition of Malabar Naval exercise 2014 started in the Pacific Ocean, nation INDIA, US & JAPAN combined exercise. India decided against signing Trade Facilitation Agreement (TFA) of the World Trade Organisation (WTO), reason to change the base year of calculating food subsidies. Satellite SARAL is a cooperative technology mission between ISRO and CNES. CNES is the space agency of France NASAs Chandra X-ray Observatory has spotted the youngest black hole so far in the Milky Way galaxy named W49B BIHAR, recently, launched a special vaccination drive to cover 1.8 million children against Japanese encephalitis. RAPID (Rapid Apprasial of programme implementation in District.) programme is being implemented in Haryana to ensure that all the health facilities and services are accessible to the people. China Mobile and vodafone of the following mobile operators had created a consortium to bid for mobile licences in Myanmar.

REPORT/PUBLICATIONORGANIZATION

HUMAN DEVLOPMENT INDEXUNDP/PLANNING COMISSION

WORLD INVESTMENT REPORTUNCTAD (United Nations Conference on Trade and Developmen

BUSINESS INDEXWORLD BANK

INCLUSIVE WELTH REPORTUNO

World Urbanization Prospects ReportUNO

WORLD DEV REPORTIBRD (WORLD BANK)

GLOBAL COMPETITIVENESS REPORTWORLD ECONOMIC FORUM

WORLD ECONOMIC OUTLOOKIMF

GLOBAL FINANCIAL STABILITY REPORTIMF

REVIEW OF MACROECONOMIC & MONETARY DEVRBI

FINANCIAL STABILITY REPORTRBI

OUTLOOK SUPLEMENT REPORTADB

Economic SurveyNSSO

Financial Data of IndiaNSSO

CONCOR (Container Corporation of India Ltd) Under Ministry of Railway Unit has been given NAVRATNA STATUs recently. There are 7 MAHARATNA CO. (BHEL, CIL, GAIL, IOC, NTPC, ONGC & SAIL) & 17 NAVRATNA CO. (last month Navratna status given to National Buildings Construction Corporation Limited (NBCC) and Engineers India Limited (EIL) . Corporation Bank has rolled out a new type of savings accounts named-SB Super. The minimum Quarterly Average Balance for this account is- 15,000 World Population Day was observed across the world on 11th july the theme was INVESTING IN YOUNG PEOPLE. Aparajita Datta, recently, won the Whitley Award for a project to conserve Hornbill birds in Arunachal Pradesh. GOA launched the scheme of Krishi Card, recently- As per Indian commitment, the TAPI project would be implemented By 2017 RBI has proposed to introduce Inflation Indexed Bonds (IIBs), recently which will be inked to Wholesale Price Index. The government has allowed IKEA(Swedish company-world's largest furniture retailer) to invest 10,500 cr setting up home furnishing stores in the country. India and Maldives have agreed to jointly patrol and conduct surveillance to strengthen maritime security in region-indian ocean Pakistan has said to grant India the Status of NDMA (Non Discriminatory Market Access ) to facilitate enhanced bilateral Trade. UP Govt set to appoint nearly 1.70 lakh shiksha mitras as regular primary teachers. For promotion Farmer Producer Organisations (FPOs) National Bank of Agriculture and Rural Development (NABARD)and the Small Farmers Agribusiness Consortium (SFAC) have signed a Memorandum of Understanding(MoU). KERLA has been conferred the United Nations Award for creating innovative initiatives for sustainable tourism, the first time India has ever won the recognition Olympic medal-winning boXER Mary Koms autobiography, titled 'Unbreakable' was unveiled by the bollywood megastar Amitabh Bachchan As Indian Milk Products contain the computn Melamine recently China baned all indian Milk products. MP first in the country, capital Bhopal now has a one stop crisis centre 'Gauravi' for women who are victims of violence Recently Flipkart acquired other online co. MYNTRA. Sachin Tendulkar Appointed as Goodwill Ambassador of UNICEF. Recently UP started kanya Vidyadhan Yojana. India State of Forest Report (ISFR) 2013 released Recently, 24.01% area covered by Forest, largest State MP, largest % state Arunanchal Pradesh & West Bengal is a state with maximum increase in forest area from past year. RBI Extended the timeline for full implementation of BASEL NORMS III from 31/03/2018 to 31/03/2019. Recently Canara Bank Signed an agreement with the KOCHI metro for a loan of Rs. 1170 cr Recently former president of US Bill Clinton visited JABROULI village in Lucknow on an Awareness mission on DIARRHOEA. Recently in 6th BRICS Summit took place at Fortaleza, BRAZIL India Signed Three Agreements with Brazil in the field of Enviroment, Space, Mobility/Consular & One of the most importantdecision taken was the establishment of 100 Billion dollar NEW DEVELOPMENT BANK with equal contribution of BRICS countries, Shanghai will be the HQ and an Indian will be the First CEO. The theme was Inclusive Growth; Sustainable Development Recently Civil Aviation Ministry constituted a group to examine the maximum potential of the GAGAN (GPS aided geo augmented navigation). Recently in BERLIN exhibition on 100 Years of 1st World War Started, & in UK LIGHTS OUT Project has been unveild to commemorate 100 years of first World War. PM made his first foreign tour to BHUTAN. Germany recently adoped a new law that allows dual Citizenship for the children of immigrants. Recently France announced 8200 cr Assistance for 3 year to India. SOFIA (Stratospheric Observatory for Infrared Astronomy)- is a joint project ofNASAand theGerman Aerospace Center(DLR) to construct and maintain anairborne observatory.

AWARDSAWARDS

ROMON MAGSAYSAY AWARD 2014

HU SHULICHINA

WANG CANFACHINA

SAUR MARLINA MANURUNGINDONESIA

OMARA KHAN MASOUDIAFGANISTAN

RANDY HALASANPHILLIPPINES

THE CITIZENS FOUNDATIONPAK

Rajiv Gandhi National Sadbhavana AwardMUZAFFAR ALI

Prem Bhatiya AwardSMITA GUPTA

Pen Printer AwardSalman Rushdie

Jnanpith AwardKedar Nath Singh

Bharat Gauravby East Bengal ClubBachendri Pal

DATO ALEX LEE AWARDSaurav Ghosal (SQUASH PLAYER)

Best Bank Public SectorBank of Maharashtra

Entrepreneur of the YearChandra Shekhar Ghosh (CMD BANDHAN)

World Food Prize 2014Sanjaya Rajaram

Moortidevi AwardC Radhakrishnan

GANDHI PEACE PRIZEChandi Prashad Bhatt

Man Booker PrizeNEEL MUKHERJEE (shortlisted)

Copley MedalSIR ALEC JEFFREYS

Ramanujam mathematics awardAnand kumar

Dsc prizeCyrus mistry's

Swarswati sammanGovind mishra

Dadasaheb phlake awardGulzar

Miss universe 13Gabriela isler

Miss india 14Koyal rana

Baileya prizeJhumpa lahiri

Uk asian awardM s dhoni

Templeton prizeTomas halik

Sant Kabir AwardsSubadani Devi

Merlin AwardSamraz (kerla magician)

In karnatka, Russia mining and steel giant severstal Indias biggest iron are minir NMDC is to set up a 5 million tones steel plant. According to Rangrajan Report CHHATTISGARH has highest number of people under BPL. IMFOSYS recognised as winner of the prestigious global, Asian and Indian Most Admired Knowledge Enterprises (MAKE) award Reliance Communications is all set to secure a $1.93-billion long-term loan from China Development Bank for a 10-year period. Recently insurance Regulartory and development Authority IRDA has imposed Rs. 50 lakh on SIX insurance companies for failing to comply with various norms. Banglore become the first city to free Wi-fi Spots for Public. NASAs first satellite launched to measure the carbon dioxide in the environment is OCO-2 (Orbiting Carbon Observatory-2) According to tourism ministry data, TAMIL NADU has topped the list of states in terms of number of domestic tourist visits during 2013. World Bank President JIM YONG KIM Arrived in New Delhi for his 3 day Tour. BOI started CARD LESS Cash Withdrawal service from his limited ATMs. Sierra Leone, President Siera declared a Public Health emergency in Sierra to Curb the deadly EBOLA OUTBREAK, and LIBERIA State emergency on. EBOLA disease (caused of FRUTS BATS) has been declared as Global Health Emergency by WHO. WHO has been approved ZMAPP a drug to fight against EBOLA Virus. The World Bank has pledged USD 200 million in emergency funding toGuinea, Liberia and Sierra Leoneto help the West African countries containspread of deadly Ebola infections andimprove public health systems. Malavath Purna 13 Year from the Khammam district ofAndhra Pradesh became the youngest female climber to scale the Mount Everest. According to World Urbanisation Report (UN), 54% of Worlds Population lives in Urban Area. TOKYO was ranked 1st in most populous city followed by DELHI followed by SHANGHAI. NEEL MUKHERJEE (Lives Of the Others) was recently shortlisted for Man Booker Prize 2014. MUZAFFAR ALI, a noted filmmaker of India was selected for RAJI GANDHI NATIONAL SADBHAVANA AWARD on Sadbhavana Divas on 20th JUNE. Delhi Police has launched Whatsapp Helpline to Curb Corruption. Classical Music reality Show of DOORDARSHAN naad bhed featured in LIMCA BOOK OF RECORDS. WalMart India launched its online platform for members of Best Price Modern Wholesale stores in Hyderabad and Lucknow. Indian Air Force on 28 July 2014 received its sixth C-17 Globemaster III (MILITARY TRANSPORT aircraft),with its payload carriage and performance (about 75 tonnes). The President of India, Pranab Mukherjee inaugurated thepresidents Estate Branch of United Bank of Indiaand Rashtrapati Bhavan Post Officein their new buildings. The Supreme Court permitted Uttar Pradesh government to cut 697 trees for new Agra-Shamshabad-Rajakhera Road. Tata Consultancy Services (TCS-service provider to SBI) became the first Indian company to achieve a market capitalization of 5 lakh crore rupees. (TCS is the largest software services exporter of the country and is currently the most valued company in India in terms of market valuation).

BOOKSWRITER

One life is not enoughNatwar singh

Munger through the AgesDEVENDRA PRASHAD YADAV

The lives of othersNeel mukherjee

The substance and the shadowDilip kumar

A bad characterDeepti kapor

The LowlandJhumpa Lahari

The good, bad & rediculousKushwant singh

Train to pakistanKushwant singh

My years with rajiv & soniaR d pradhan

Crusader or conspiratorPc parekh

The accidental pmDr sanjay baru

The vijay MallyaK Giriprakash

STRICTLY PERSONALDaman Singh

Telecom Regulatory Authority of India (TRAI) has notified that the minimum broadband speed has been raised to 512 kilo bytes per second (kbps). The Chief Minister of Meghalaya, Dr Mukul Sangma launched a mass enrolment drive under the Chief Minister's Social Assistance (CMSA) Scheme 500 pm for widows and persons with disabilities. Yphoon Matmostruck east of Taiwan Matmo, with a wind gust of 173 kilometres per hour. Internet search engine giant Google announced to launch its Hindi version of Google Maps ONLY. The classical music reality show of DoordarshanNaad Bhed-The Mystery of Soundwill be featured in LIMCA BOOK OF RECORDS.(air of programme-aims at promoting and popularising Indian classical music and rewarding the best young practitioners of classical music.) Indian tennis star Sania Mirza was appointment as Brand Ambassador of Telangana. 3P India, announced by Finance MinisterArun Jaitleyin the Budget to facilitate the sluggishpublic-private partnership (PPP) projects, is likely to be a non-profit company on the lines of theNational Skill Development Council(NSDC). The 12th meeting of Sub Committee of the Financial Stability and Development Council (FSDC) was held in New Delhi recently chaired by Dr. Raghuram G. Rajan Recently BCCI suggested 3 member committee to Supreme Court who will conduct a fair probe into the IPL 6 spot-fixing and betting scandle (Ravi Shastri, J N Patel & R K Ragwan). According to a report released by Independent Evaluation office(IEO), Rs. 1 is spent by the government on distribution to deliver worth of food 3.65Rs. UK based marks and Spencer announced that the company will open 100 stores in India by 2016. Recently RBI has decided that Indian companies will not be permitted to raise ECB from overseas branches or subsidiaries of Indian banks for refinance or repayment of the Rupee loans raised from domestic banking system. Britain's premium luxury goods brand East India Company has issued an exclusive legal tender gold coin worth 12,000 pound sterling in honour of Indian cricket legend Sachin Tendulkar. Reliance Industries Limited and Network has recently done 18 deals worth 400 crores.

RECENT ABBREVIATIONS

0 STRIPSStanfordResearchInstituteProblemSolver

1OFSOffer to Sale

2BSBDABasic savings bank deposit account

3AMFIAsso. Of mutual fund in india

4FDRFixed deposit receipt

5STTSecurity transaction tax

6BCTTBanking cash transaction tax

7NDTLNet demand & time liabilities

8REERReal effective exchange rate

9FIFAFederation international football association

10OBUOffshore Banking Unit

11V SATVery small perture terminal

12BANCSBell admistrative network communication satellite

13UEBAUniversal electronic banking account

14BCSBIBanking code & standard board of india

15IIFNInfinet indian finalcial network

16TINTax information network

17IMPSInterbank mobile payment service

18BSBDABasic savings bank deposit account

19FCNR(B)Foreign currency nonresident bank

20LCRLiquidity coverage ratio

21FSLRCFinancial sector legislative reform commission

22GIROGovernment internal revenue order

23AMFIAssociation of Mutual Fund in India

24CARCash adequacy ratio

25GSLVGeosynchronous launch vehicle

26TAPIUrkmenistanAfghanistanPakistanIndia

27VVPATVoter verifiable paper audit trail

28CAGController and Auditor General of India

29CRARCapital to Risk Weighted Asset Ratio

30BISBanking international settlement

31FCCBForeign currency convertible bond

32ISOInternational standards org.

33HUDCOHousing & urban dev corp.

34NRENon resident external

35NPSNational pension scheme

36ICANNInternet Corporation for Assigned Names and Numbers

37ARCILAsset Reconstruction Company (India) Ltd.

38SITSpecial investigation team

Recently ICICI bank has been declared as the biggest private bank employer. The World Bank will give around one thousand two hundred crore rupees loan to the West Bengal Government for improvement of a thousand Gram Panchayats in the State. Indias largest telecom firm Bharti Airtel on Monday said it has crossed 300 million customers mark across its mobile, fixed line, DSL and DTH services. Footwear and apparel maker Woodland has tied up with UNICEF to promote a water, sanitation and hygiene campaign (WASH) in Assam. International pop star SHAKIRA is officially the most popular person on Facebook with over a 100 million likes, the most for any public BMB Bank has bagged Core Banking System Initiative award 2014 recently. MOXIE of NASAs Mars Rover mission 2020 will geanerate oxygen at Mars. With GERMANY broadcaster Prasar Bharti has signed agreement to increase overseas presence of Doordarshan. YUNNAN, China's province has been affected by earthquake of magnitude 6.1 recently. PASHUPATINATH TEMPLE complex will be renovated by Indian assistance in Nepal and 1 Billion of line of credit has been given by India to Nepal recently. Flipkart Indian Company has raised 1 billion dollar investment recently. Fathers Day is celebrated worldwide on JUNE 15TH to recognize the contribution that fathers. The 16th Lok Sabha will have a record number of 61 women leaders as compared to 59 women mps elected during the previous General Elections. TheWorlds tallest Railway Bridge at NONEY in Manipur has a length of 700 meters with average height of piers is 50-90 meters started. A goal of to promote a global system for protecting the naturalHABITATSof tigers and to raise public awareness and support for tiger conservation issues, world TIGER DAY celebrated on JULY 29TH. The Reserve Bank will shortly issue new Rs. 20 denomination banknotes in the Mahatma Gandhi series-2005 with inset letter E. These banknotes would bear the year of printing '2014' on the reverse side of the currency. Prime Minister Narendra Modi dedicated to the nation the 240 MW Uri-II hydropower project built by NHPC at a cost of Rs. 2290 crore in Jammu and Kashmir. Amul has inked an agreement with the Indian Olympic Association to sponsor the Indian contingent for the upcoming Glasgow 2014 Commonwealth Games and the Asian Games to be held later this year in South Korea. GAAR, General Anti Avoidence Rule will be introduced from April 1, 2015. Kudankulam nuclear power projects second 1,000 MW unit is expected to be commissioned shortly. The power project, located in Tamil Nadu, has two units of 1,000 MW generation capacities each. A top American think-tank has launched a programme, India- 2020, which will examine short and long:term policy priorities for every aspect of the India-US strategic partnership. The encouraging response for 5kg LPG cylinders has prompted Bharat Petroleum Corporation Ltd BPCL to look at introducing 3kg and 2kg cylinders in the market. The Asian Development Bank (ADB) approved 300 million US dollars loan to Assam. The loan will help Assam in its drive to eliminate power sector inefficiencies. India is set to become the third largest economy in the world by 2030, according to latest estimates by a PricewaterhouseCoopers (PwC) report The Government has announced setting up of 16 National Investment and Manufacturing Zones (NIMZs) to boost economic growth soon. Prime Minister unveiled ambitious financial inclusion scheme on Independence Day to provide bank accounts to 15 crore poor persons with an overdraft facility of Rs 5,000 and accident insurance of Rs. 1 Lakh Two mathematicians of Indian origin,Manjul BhargavaandSubhash Khot, are among the eight winners of the prestigious awards of the International Mathematical Union (IMU) The Government has slapped an additional penalty of $579 million on Reliance Industries for producing less than targeted natural gas from its KG-D6 block. Havning 10 Districts Telangana Became 29th State of India. Bolivia has become the first nation to legalise child labour from age 10. Recently Indian Army test Fired AKASH MISSILE from ITR Balasore Odisha, Akash is a Surface to air Missile. Shah Rukh Khan was conferred with top French civilian award Knight of the Legion of Honor. Hero MotoCorp, a two wheeler manufacturer, has signed a three year deal to be the title sponsor of the Indian Super League, the initial franchise based football league. NASA and Boeing have inked a $2.8 billion deal to develop a giant rocket which is set to be the largest and most powerful ever built The Securities and Exchange Board of India, SEBI has imposed a penalty of 13 crore rupees on Reliance Industries Limited for alleged irregularities in issuance of warrants by the company to its promoters. Minority Affairs Minister Najma Heptullah has said the government has launched a scheme titled, PADHO PARDESH, for providing interest subsidy on educational loans for overseas studies for Reserve Category students Eminentcartoonist Pran Kumar Sharma, popularly known as Pran, who gave life to lovable comic characters/Cartoonist Chacha Chaudhury and his friend Sabu died. CIBIL has also recently launched new product forbanks called Alertwherein it will send an alert to the bank whenever there is a change in the profile of a customer and about to start RISK INDEXfor consumer to Banks. Manipur at 83.29 per cent tops the list of percentage of growth in employmentas per Sixth Economic Census released by NSSO. Narendra Modi met his Nepalese counterpart Sushil Koirala during which the two sides inked THREE agreements, including one on the 5,600 MW PANCHESHWAR MULTIPURPOSE PROJECT. The Reserve Bank of India (RBI) cancelled the licence of The Vasai Co-operative Urban Bank Ltd., Hyderabad (Telangana). The CBI on Saturday arrested six persons including chairman-cum-managing director ofSyndicate Bank SK Jainfor allegedly taking bribe of Rs. 50 lakh. A double-decker train will run between the state capital and New Delhi to lucknow from September. World Hepatitis Day is being observed today all over the world to generate mass awareness about the deadly disease the theme was 'It's closer than you think.' 18th BASIC countries ministerial meeting (Brazil, South Africa, India and China)recently held at New Delhi (India), Climate Change negotiation was main Issue. India is ranked 135 in Human Development Index, HDI report which was released by the United Nations Development Programme, UNDP. Global Innovation Index : Switzerlandhas remain top, India placed at no 76th. IIT Ranked as best university among all Brics University. AirAsia India, which stated operations in the country, now has services to Goa, Chennai and Kochi from Bangalore. Chhattisgarh, According to RBIs latest study, ranks as the best performing state. Gujarat, As per the Assocham report, among the following states has emerging as a prominent manufacturing investment hub in the country. T P Seetharam,Indias permanent representative to International Rene wable Energy Agency (IRENA). UnionCabinetapprovedtheJuvenileJusticeBill,2014, Thebillwilltreatminorsabovethe age of 16 as adults.

BUDGET 2014-15 (MISCELLANEOUS)NOTE: This is only Miscellaneous Part of Budget, Students are advised to download Original Budget sheet 2014 15.

Agriculture Universities in Andhra Pradesh and Rajasthan and Horticulture Universities in Telangana and Haryana to be opened with an outlay of 200 crore rupees. Long Term Rural Credit Fund to set up for the purpose of providing refinance support to Cooperative Banks and Regional Rural Banks with an initial corpus of 5000 crore rupees. Deen Dayal Upadhyaya Gram Jyoti Yojana for feeder separation to augment power supply to the rural areas with an outlay of 500 crore rupees launched Ajeevika, the provision of bank loan for women SHGs at 4% to be extended to another 100 districts. Neeranchal to give impetus to watershed development in the country with an initial outlay of 2142 crores rupees UrbanDevelopment Housing for targated All by 2022. Varishtha Pension Bima Yojana (VPBY) to be revived for a limited period from 15 August, 2014 to 14 August 2015 for the benefit of citizens aged 60 years and above Swachh Bharat Abhiyan to cover every household with sanitation facility by the year 2019 5 AIIMS like institutions in Andhra Pradesh, West Bengal, Vidarbha in Maharashtra and Poorvanchal in Uttar Pradesh with an outlay of 500 crores rupees 5 IITsIndian Institute of Technology to be set up in Jammu, Chhattisgarh, Goa, Andhra Pradesh and Kerala with an outlay of 500 crore rupees. 5 IIMs Indian Institute of Management to be set up in the States of Himachal Pradesh, Punjab, Bihar, Odisha and Rajasthan A new 24x7 channel called Arun Prabha to provide a strong platform to rich cultural and linguistic identity of the North-East to be launched The budget allocated further sum of 1000 crore rupees to meet requirement for One Rank One Pension 100 crore rupees has been provided for sports university in Manipur An amount of 100 crores rupees set aside forAgri-tech Infrastructure Fund. To provide institutional finance to landless farmers, it is proposed to provide finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD A target of 8 lakh crore rupees has been set for agriculture credit during 2014-15 4200 crore rupees for Ganga project river connectivity from Allahabad to Haldia 100 crore rupees provided to set up a National Centre for Himalayan Studies in Uttarakhand A new scheme Beti Bachao, Beti Padhao Yojana launched to create awareness and improve the efficiency of delivery of welfare services for women with 100 cr. 4000 crore rupees for National Housing Bank for flow of cheap housing finance Cigarettes to cost more, excise duty hiked to 72 percent from 11 percent Pranab Mukherjee in the Budget Speech 2013-14 announced the introduction of facility of One Stop Crisis Centres. This is in context of providing all the necessary services to Women sections. During 12th Plan, outlay for Rs. 2200 crore has been provisioned for National Ganga River Basin Authority (NGRBA), which has been entrusted with the work of controlling pollution in the river Ganga. in the Union Budget 2014 3600 cr has been allocated to National Rural Drinking Water .

GAMES FOOTBALL

FIFA (Football) World CUP host2. 2018 : Russia3. 2022: Qatar*FIFA @ RIO DE JANERIO (BRAZIL) 2014, total 32 team participated.*winner- Germanyrunner- Argentine* In FIFA World Cup, the winning country Germany was awarded with $35 million and Argentina the first runner up was awarded with $25 million. * Golden Ball Award: Lionel Messi* Golden Boot Award: James Rodriguez of Colombia* Golden Glove Award: Manuel Neuer(Germany* HatRick Goal: Thomas Muller(Germany) & Xherdan Shaqiri (Switzerland)claim second Hat trick.*in FIFA ranking Netheland occupy No. 3rd spot*Mascot- FULECO*Philipp Lahm, thecaptain of Germany football team announced retirement from international Games.

20th COMMON WEALTH GAMES 2014 (GLASGOW- SCOTLAND) NEXT GOLD COAST, AUSTRALIA*Game was declared open by the British Queen Elizabeth II.*During the ceremony a minute's silence was observed in memory of the 298 people who died when flight MH17 crashed in the Ukraine.*Shooter, Vijay Kumar led the Indian contingent.*71 nation participated.*Clydeis the mascot of the Glasgow Commonwealth Games. Where as logo was designed by Marque Creative.*motto of Commonwealth Games 2014-PEOPLE, PLACE & PASSION*SHOOTING PAIR EVENT has been reinstated in Commonwealth Games on India's request.*Next 21st CWG will be in Gold Coast @ Australia.*In CWG india won 64 medels (15 Gold, 30 Silver & 19 Bronze) and stood at no. 5th (Respective Winner are England 58:59:57-174, Aus, Canada & Scotland)

GAMESGOLD MADELIST

WEIGHTLIFTING

1K SANJITA CHANU (F 48 KG) 1ST G-MEDEL FOR INDIA (1ST DAY)

2SUKHEN DEY (M 56 KG) (1ST DAY)

3SATISH SIVALINGAM (M 77 KG)

WRESTLING

4SUSHIL KUMAR (75 KG)

5YOGESHWAR DUTT (65 KG)

6AMIT KUMAR

7BABITA KUMARI (F 55 KG)

8VINESH PHOGAT

SHOOTING

9ABHINAV BINDRA (10M)

10JITU RAI (50M)

11RAHI SARNOBAT

12APURVI CHANDELA

ATHLETICS

13VIKAS GOWDA

SQUACH

14DIPIKA PALIKAL & JOSHANA CHINAPPA

BADMINTION

15PARUPALLI KASHYAT

CRICKET

Ond day international:1. Australia & New Zealand: 2015 Cricket World Cup.2. England will host 2019 Cricket World Cup.3. India will host 2023 World Cup for the fourth time. T-20 world cup:1. Bangladesh host the: World T20 Cup 2014. (For Men & women)2. India will host the: World T20 Cup 2016. (For Men & women) Test match world cup:1. England to host Cricket World Test Champions in 2017 (for first time).2. India will host World Test Championship in 2021.

TENNIS Australian Open 2014*Mens Single-Switzerland's Stanislas Wawrinka defeated Rafeal Nadal*Womens Single- Li Na (China) defeated Li Na (China*Womens Doubles-Errani and Roberta Vinci

French Open 2014*Mens Singh- Rafael Nadal*Womens Singh- Maria SaraPova*Mens Double- E R Vasselin & Julien Benneteau*Womens Double- Hsiesh Su wei & Peng Shuai

FORMULA 1 (CAR) LEWIS HAMILTON (UK)-British GP, Malaysian GP & Singapore Grand Prix. LEWIS HAMILTON (UK)- Grand Prix NICO ROSBERG - Australian & Monaco Grand Prix

OTHERS Asinan Games 2014- South Korea @ Incheon Recently Sim Bhullar become the first player of Indian origin to be a part of the National Basketball Association (NBA) Jo-Wilfried Tsonga won the Rogers Cup (Tennis), beating second-seeded Roger Federer. Archery World Cup Deepika Kumari-led women's archery recurve team wins gold. Vincenzo Nibali of Italy won the 101st edition of the Tour de France in cycling (game). Manipur won 20th National Womens Football chaimpionship. SABINE LISICKI has set record of fastest serve in women's tennis. Paragliding World Cup Association selected Himachal Pradesh as a venue to host the 2015 para-gliding World Cup. Roger Federer became the first man to win 300 matches at the ATP Masters. R Ashwin ranked no. 1 Test all-rounder in ICC Ranking. Indian Womens Recurve team led by Deepika Kumari won gold medal at Archery World Cup Stage IV in Wroclaw, Poland.kapil dev has been appointed as head of Arjuna awards selection committee 2014 recently. Former Hockey Captain Ajitpal Singh to head Dronacharya Award Selection Committee. India equaled world record of maximum number of 6 ducks in a Test innings. of the Manchester Test played against England. The2014 Men's Hockey World Cupwas the 13th edition of theHockey World Cup. It was held The Hague,Netherlands won by AUSTRALIA. Mercedes driver Nico Rosberg won 2014 German Grand Prix Irishman Rory McIlroy won British Golf Open 2014 Rahul Dravid elected as member of Laureus World Sports Academy 35th National Games to be held in Kerala in February 2015.==========================================================================

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YASHSHREE COMPETITION ZONE Nagpur -Bhagini Mandal, Zansi Rani chowk, Siatabuldi, Nagpur (0712) 6509424, 9422124984 Pune - Ketki Building, Besides Alka Talkies,Navi Peth, Pune-9960133124Chinchwad-Heritage Plaza,Near Morya Hospital,Chapekar Chowk, Chinchwad , 9730465412 Page 2