gk capsule for sbi exam
TRANSCRIPT
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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:ReporateisthepolicyrateandispartofRBI’sLiquidityAdjustmentFacility(LAF).ItistherateatwhichcommercialbanksborrowfromtheRBIbysellingtheirsecuritiesorfinancialassetstotheRBIforashort‐periodoftime.ItcomeswithanagreementthatthesoldsecuritieswillberepurchasedbythecommercialbanksfromtheRBIatafuturedateatpredeterminedprice.Thereporateisusedbythecentralbanktoincreaseliquidityinthesystem.
4. Reversereporate:ReverseRepoRateisalsoapartofLAF.Itistherateofinterestatwhichthecentralbankborrowsfundsfromotherbanksforashortduration.Thebanksdeposittheirshorttermexcessfundswiththecentralbankandearninterestonit.Thisrateisusedbythecentralbanktoabsorbliquidityfromtheeconomy.GenerallyitisonepercentagelessthantheReporate.
5. Bankrate:Theonlywaythebankrateisdifferentfromthereporateisthatthebankrateistherateatwhichbanksborrowmoneyfromthecentralbankwithoutanysaleofsecurities.Itisgenerallyforalongerperiodoftime
6. MarginalStandingFacility:TheReserveBankofIndiainitsmonetarypolicyfor2011‐12introducedthemarginalstandingfacilityunderwhichbankscouldborrowfundsfromRBIwhenthereisaconsiderableshortfallofliquidity.ThismeasurehasbeenintroducedbyRBItoregulateshort‐termassetliabilitymismatchesmoreeffectively.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. RBIpanelheadedbyex‐ChairmanofAxisBank,P.J.Nayakrecommendfordilutinggovtstakeinpublicsectorbankstobelow50%.Thegovernmentshouldcutitsholdinginpublicsectorbankstounder50percent,aReserveBankofIndia(RBI)panelreportonTuesdaysaid,criticisingthewayinwhichthelendersarenowbeinggoverned.
4. ReserveBankofIndiagrantedbankinglicencestoinfrastructurefinancingfirmIDFCandmicrofinanceinstitutionBandhanfromamong25applicantsthatincludedcorporateheavyweightsADAGGroup,AdityaBirlaGroupandBajajGroup.Note:Thein‐principleapprovalgranted(tothetwoentities)willbevalidforaperiodof18monthsduringwhichtheapplicantshavetocomplywiththerequirementsundertheguidelinesandfulfiltheotherconditionsasmaybestipulatedbytheRBI.ChandraShekharGhosh:CMDofBandhanfinancialservicesDr.RajivB.Lall:ChairmanofIDFC–InfrastructureFinanceCompany.
5. ReserveBankofIndia(RBI)issuedtheguidelinestoallowtheminorsofageabove10yearstoindependentlyopenandoperatesavingsbankaccountsanduseotherfacilitieslikeATMandchequebooks.
6. RBIextendedthetimelineforfullimplementationofBaselIIInorms31March2019insteadof31March2018.
7. RBIinconsultationwithUnionGovernmenton1April2014cappedtheWaysandMeansAdvances(WMA)limitsforthefirsthalfofthenewfinancialyear2014‐15(April2014‐Sep2014)at35000crorerupees.Note:TheinterestrateonWMA/overdraftwillbebasedon:a)WMA:RepoRate.b)Overdraft:TwopercentabovetheRepoRate
8. RBIextendsdateofexchangingpre‐2005notestoJan1,2015Note:TheReserveBankhasfurtherclarifiedthatthepubliccancontinuetofreelyusethesenotesforanytransaction.RBIhassaidthatpeoplecanunhesitatinglyreceivethesenotesinpayment,asallsuchnotescontinuetoremainlegaltender.
9. ReserveBankofIndia(RBI)hikedthetraderelatedremittancelimitfrom2lakhrupeesto5lakhrupeespertransactionwithimmediateeffect.Italsoincreasedthenumberoftransactionhandledbyexchangehouses.
10. KCChakrabarty,DeputyGovernor,ReserveBankofIndia,hasquitthreemonthsaheadofcompletionofhisterm.11. RBIpegged2014‐15GDPgrowthatacentralestimateof5.5percent.12. Economicgrowthfor2014‐15expectedat5.5pc.13. CADexpectedtocomedownto2pcofGDPin2014‐15.14. Retailinflationexpectedtobeunder6pcin2014.15. RBIpanelheadedbyRBIDeputyGovernorAnandSinhahasrecommendedbringingabenchmarkfloatinginterestrate,
especiallyforhomeloans.PanelalsosuggestedIndianBanksBaseRate(IBBR).16. ThedeadlineforswitchingtonewformatbankchequesundertheChequeTruncationSystem(CTS)endedon30April2014.17. RBIscraps26%caponinterestrateforMFIs:(RBI)removed26percentcapontheinterestratethatcanbechargedbya
microfinancecompanytoitsborrowers.MFIisallowedtochargeinterestrateequalto2.75timestheaverageofthebaseratesofthetopfivecommercialbanks.
18. RBIpermits4non‐bankentitiestosetupwhitelabelATMs:TheReserveBankhasissued‘certificateofauthorisation’tofournon‐bankentities:
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(1)TataCommunicationsPaymentSolutions(2)MuthootFinance,(3)PrizmPaymentServicesand(4)VakrangeeLtd.,tosetupWhiteLabelATMs(WLAs)inthecountry.Note:MostoftheATMsbelongtobanks,butthecashdispensingmachineswhichareownedandoperatedbynon‐bankingcompaniesarecalledWhiteLabelATMs.
19. RBIpermitsSreitorolloutwhitelabelATMs:SreiInfrastructureFinanceisplanningtostartroll‐outofitswhilelabelATMs(WLAs)betweenJulyandSeptemberstartingwithapilotof200Tier‐IIItownsinUttarPradeshandBihar.
20. TheexpertcommitteeheadedbyUrjitR.Patel,DeputyGovernoroftheReserveBankofIndiaexaminethecurrentmonetarypolicyframeworkoftheReserveBankofIndia(RBI)hassuggestedthattheapexbankshouldadoptthenewCPI(consumerpriceindex)asthemeasureofthenominalanchorforpolicycommunication.Thenominalanchororthetargetforinflationshouldbesetat4percentwithabandof+/‐2percentaroundit.
21. Ex-Chairman of Axis Bank, P. J. Nayak is theheadoftheexpertpaneltoreviewbankboards’governance.ThepanelwillreviewtheRBI'sregulatoryguidelinesonownershipofbanksandrepresentationintheirboards,amongotherthings.
22. TheReserveBankofIndiahasraisedtheForeignInstitutionalInvestors,FIIsinvestmentlimitinthePowerGridCorporationto30percentofitspaidupcapital,underthePortfolioInvestmentScheme.
23. TheReserveBankofIndia(RBI)hasdoubledthesub‐limitforforeigninvestmentingovernmentsecurities,toUSD10billionbylong‐terminvestors.RBI'smoveisaimedtoattractmoreforeignfunds.Investorslikesovereignwealthfunds(SWFs),multilateralagencies,insurancefunds,pensionfundsandforeigncentralbanksareconsideredaslongterminvestors.
24. RBIrelaxesgoldloannorms:TheReserveBankofIndiahasallowedNon‐BankingFinancialCompanies,NBFCstolendupto75percentofthevalueofgold.Itwas60percentearlier.
25. RBIpanel(headedbybankerNachiketMor)hassuggestedsettingupofspecialisedbankstocatertolowincomehouseholdstoensurethatallcitizenshavebankaccountsby2016.
26. TheRBI‐appointedcommitteeonfinancialinclusionhasrecommendedthatthecentralbankshouldsetupspecialisedbankscalledPaymentsBanktoprovidepaymentservicesanddepositproductstosmallbusinessesandlow‐incomehouseholds.Thecommittee,headedbyNachiketMor,saidthatsincethenewbankwillbedealingwithpoorcustomers,suchabankmustbeallowedtoacceptamaximumdepositofnotmorethanRs50,000.
27. TheReserveBankofIndia(RBI)hadsetupapanelunderexecutivedirectorDeepakMohantytoreviewthecurrentsystemofdatacollection,disseminationanddatamanagementprocessesinthecentralbankandimprovetheexistingmechanism.
28. RBItightensnormsforcreditcardholders:RBIadvisedbankstotreatacreditcardaccountasanon‐performingassetifthecustomerfailstopaytheminimumdueamountwithinastipulated90‐dayperiod.
HighlightsofInterimBudget2014:FinanceministerPChidambarampresentedhisinterimbudgetfor2014.
Fiscaldeficitforcurrentfiscaltobe4.6% Revenuedeficitestimatedat3%forcurrentfiscal ExcisedutyonSUVscutfrom30to24%,inlargeandmid‐segmentcarsfrom27‐24%to24‐20% Nochangesintaxlawsininterimbudget Excisedutycutfrom12to10percentincapitalgoodssectortostimulategrowth Excisedutyonmobilehandsettobe6%onCENVATcredittoencouragedomesticproduction Rs500croreestimatedrequirementforimplementingone‐rank‐one‐payschemeforarmedforcesin2014‐15 Rs6000croretoruralhousingfund,Rs2000croreforurbanhousingfund Rs3711croreforminorityaffairs;housingandurbanpovertyalleviationgetsRs6000crore Fiscaldeficittargetof3%tobeachievedby2017 CADwillbe$45billionin2013‐14 Foreignexchangereservesupby$15billion Foodgrainproductionestimatedat263milliontonsin2013‐14 3moreindustrialcorridors—Chennai‐Bangalore,Bangalore‐Mumbai,Amritsar‐Kolkata—undervariousstagesof
implementation GDPgrowthrateinQ3andQ4of2013‐14willbeatleast5.2%
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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: RBIpegged2014‐15GDPgrowthatacentralestimateof5.5% WorldBanklowersIndia’sGDPgrowthforecastfor2014‐15at5.7% ADBpegsIndiaGDPgrowthratefor2014‐15at5.5% IMFprojectedGDPgrowthforIndiain2014‐15at‐5.4%IndiarankingindifferentIndexesfor2013‐14:1. GlobalEnvironmentPerformanceIndex2014–1552. Intellectualproperty(IP)environment2014–25(USrankedonthetopfollowedbyUKandFrance)3. WorldPressFreedomIndex2014‐140inthelistof180countriess4. Nuclearmaterialsecurityindex2014‐23rdoutof25countries5. World'sbestcountriesfordoingbusiness2014‐98th(Irelandtoppedthelist).
6. SocialProgressIndex2014:102outof1327. GlobalHungerIndex2013‐638. WorldProsperityIndex2013–106.Norwaytopsthelist.9. GlobalGenderGapReport2013‐101.Icelandtopsthelist.10. GlobalPeaceIndex2013–14111. HumanDevelopmentReport2013–13612. GlobalCorruptionIndex2013–9413. GlobalCompetitivenessIndex2013‐60for2013(Switzerlandtopinthisreport)14. GenderInequalityIndex2013‐132nd(UNHumanDevelopment(Index)Report)
SomeImportantEconomicTerms:
1. Bond:Acertificateofdebt(usuallyinterest‐bearingordiscounted)thatisissuedbyagovernmentorcorporationinordertoraisemoney;thebondissuerisrequiredtopayafixedsumannuallyuntilmaturityandthenafixedsumtorepaytheprincipal.
2. Balancesheet:Recordofthefinancialsituationofaninstitutiononaparticulardatebylistingitsassetsandtheclaimsagainstthoseassets.
3. Balanceoftrade‐Thepartofanation'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. Economicgrowth‐Anincreaseinthetotaloutputofanationovertime.Economicgrowthisusuallymeasuredastheannualrateofincreaseinanation'srealGDP
10. ExciseTax‐Taxesimposedonspecificgoodsandservices,suchascigarettesandgasoline.11. Exports‐Goodsorservicesproducedinonenationbutsoldtobuyersinanothernation.
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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.TheGNPgrowthrateisanimportanteconomicindicatorforcountry’seconomicdevelopment.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. Nationalincome‐TheamountofaggregateincomeearnedbysuppliersofresourcesemployedtoproduceGNP;netnationalproductplusgovernmentsubsidiesminusindirectbusinesstaxes.
22. PerCapitaIncome:Thetotalnationalincomedividedbythenumberofpeopleinthenation,Itmeanstheshareofeachindividualwhentheincomefromtheproductiveactivitiesisdividedequallyamongthecitizens.
23. Salestax‐Taxespaidonthegoodsandservicespeoplebuy.24. Stock‐Acertificatereflectingownershipofacorporation.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. BCCIsuggeststhree‐mancommitteetoSCtoprobeIPLscandal.RaviShastri,formerCalcuttaHighCourtChiefJusticeJN
Patelandex‐CBIDirectorRKRaghavanasmembersoftheprobecommittee.5. VijayKelkarCommitteewasappointedbythePetroleumandNaturalGasMinistrytopreparearoadmaptomakeIndiaself‐
sufficientinoilandnaturalgasby2030.6. VishnuSahaycommittee:lookprobeintotheMuzaffarnagarcommunalviolence.7. UrjitPatelCommittee‐toexaminethecurrentmonetarypolicyframework8. MukulMudgalmemberpaneltoprobeIPLspot‐fixing9. NachiketMor‐committeeoncomprehensivefinancialservicesforsmallbusinessesandlow‐incomehouseholds.10. JusticeA.P.Shahcommittee:toheadpanelonroadsafety11. AnilKaushalcommittee:toexaminetherecommendationsmadebytheTRAIonpricingofSpectrum.12. BimalJalanpanel:toscrutinizeapplicationsfornewbanklicenses.13. ParthasarathiShome.–forTaxAdministrationReformCommission(TARC),Suggestasystemtoenforcebettertaxcompliance14. KiritParikhpanel:onfuelpricinghassuggestedthatthedieselpricesshouldbeincreasedbyRs1‐1.50alitreeverymonthas
againstthe45‐50paisemonthlyhikefollowedcurrently.
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15. KU.B.Rao:theideaofsettingupBullionBankorBullionCorporationofIndia16. CRangarajanPanel‐recommendedthepricingofnaturalgasbya
complexmethodologyofarrivingatanaverageofInternationalgashubprices.
17. ArvindMayaramPanel:reportontheallegedirregularitiesattheNationalSpotExchangeLtd(NSEL)
18. ArvindMayaramCommittee–forgivingcleardefinitionstoForeignDirectInvestment(FDI)andForeignInstitutionalInvestment(FII)
19. SumaVermaCommittee‐toupdate,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:topreparetheblueprintofIndia’sfirstwomen’sbank
30. JSMathurcommittee:toreviseNewspaperAdvertisementRates.31. K.RatnaPrabha:Committeeonindecentdepictionofwomenin
media
NewsRelatedtoBanking&Finance1. Indiarecentlylauncheditsownpaymentgateway'RuPay',equivalentofVisaandMastercard,whichwillworkonATMsand
merchantoutletsandhelpinreducingcashtransactions.Note:i.RuPay,whichworksonthreechannels‐‐ATMs,PointofSales(POS)andonlinesales,istheseventhsuchpaymentgatewayintheworld.ii.TheRuPayplatform‐‐developedbyNationalPaymentsCorporationofIndia(NPCI)‐‐isbeingusedbycertainbankslikeICICI,StateBankofIndia,PunjabNationalBank,amongothers,forclearingandsettlement.
2. Indiabecamethird‐largesteconomyin2011from10thin2005:WorldBank.3. Note:Indiaemergedastheworld’sthird‐largesteconomyin2011frombeingthe10thlargestin2005,movingaheadofJapan,
whiletheUSremainedthelargesteconomycloselyfollowedbyChina,latestfigureshaverevealed.4. GovtacceptsSahoopanelreportonreviewofdepositoryreceiptsscheme.Thekeyrecommendationsofthecommitteeinclude
allowingissuanceofdepositoryreceiptsagainstanyunderlyingsecurities—equityordebt,byanyissuer‐listedorunlisted.Note:Depositoryreceiptsarereceiptsdenominatedinforeigncurrencycreatedbyadepositoryinthecountryoflisting.Therearetwopopulartypesofdepositoryreceipts—globaldepositoryreceiptsandAmericandepositoryreceipts.
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5. INGVysyaLifeInsuranceCompanyLtdhasbecomeExideLifeInsuranceCompany.TheinsurancecompanywillcontinuetohonouritscommitmentsandobligationsundertheinsurancepoliciesissuedtocustomersinthenameofINGVysyaInsuranceCompanyLtd.
6. SwitzerlandandNorwayaretheworld'smostexpensiveeconomies,followedbyBermuda,AustraliaandDenmark,accordingtoanewrankingbytheWorldBank
7. SBIlaunches3Digitalbankingfacilitiesforitscustomers”i.TabBankingforSavingA/C‐OpeningSavingsa/catCustomer’sdoorstepusingtabletPCprovidedtotheBank’sSalesStaff(whovisittheCustomer’shome).ii.TABBankingforHomeLoan‐In‐principleapprovalforthehomeloanatcustomer’sdoorstepusingtabletPCprovidedtotheBank’sHomeLoanSalesTeamwhichwillcaptureonthetabletKYCdetailsanddetails.iii.e‐KYC‐Generatese‐KYC(KnowYourCustomer)identitydocument.
8. TheBombayStockExchange(BSE)launchedanInstitutionalTradingPlatform(ITP)tohelpSmallandMediumEnterprises(SMEs)andstart‐upcompaniestolistonthebourseswithoutanInitialPublicOffer(IPO).
9. BaselCommitteeissuedFinalstandardstocurbexposuresofbankstocustomers.TheBaselCommitteeonBankingSupervisionon15April2014issuedFinalstandardsformeasuringandcontrollinglargeexposuresofbankstocustomers.Thesestandardswilltakeeffectfrom1January2019
10. BankofIndia(BOI)hasbecomethefirstIndianbanktoextendabridgeloanof$200milliontoAirIndiatofinancethepurchaseoftwoBoeing787Dreamlineraircraft.
11. IndialeadsglobalremittanceswithUSD70bnin2013.India'sneighbourChinafollowssecondwithUSD60billion,saidtheWorldBankreport
12. WorldTradeOrganisation(WTO)projectedthattheworldtradewillgrowby4.7percentin2014.13. TheWorldBankgiveloanPakistan12billiondollarsoverthenextfive
yearstohelpliftitseconomy,14. QatarbasedDohaBankannouncedit’sFirstbranchinMumbai.The
branchinMumbaiwillbeopenedasafull‐fledgedbankinMay2014.Note:BankofBahrain&Kuwait,AbuDhabiBankarethetwootherbanksfromArabcountriestohaveoperationsinIndiabeforeDohabank.
15. BankofIndia(BOI)launchedInstantMoneyTransfer(IMT)schemeinMumbai.Note:IMTschemeallowscustomerstowithdrawcashwithoutusingeitherdebtcardorcreditcardatBoI'sIMT‐enabledATMs.Thisisthefirst‐of‐its‐kindinitiativelaunchedbyapublicsectorbank.
16. KotakMahindralaunchesaccountsintegratedwithFacebook,Twitter.17. ICICIPrudentialMutualFundhasbaggedMorningstarIndia’sbestfundhouseawardinthedebt,equityandmulti‐asset
category.18. ADBpegsIndiaGDPgrowthratefor2014‐15at5.5pc19. InflationbasedonWholesalePriceIndex(WPI)reacheda3‐monthhighof5.7%inMarch2014.20. WholesaleInflationfallsto9‐monthlowof4.68percentinFeb21. KotakMahindraBankannouncedthelaunchofJifi,afirst‐of‐its‐kindfullyintegratedsocialbankaccountthattranscendsnormal
digitalbankingbyseamlesslyincorporatingsocialnetworkingplatformslikeTwitterandFacebookwithmainstreambanking.22. Export‐ImportBankofIndiaextendedaLineofCreditof$89.90milliontotheGovernmentofRepublicofCongo,for
developmentoftransportationsystemintheRepublicofCongo.23. CentralBankofIndiahassolditsentirestakeincreditinformationproviderCIBILtoTransunionInternationalInc.CentralBank
hada5percentstakeinCIBILwhileTransunionisthemajorityshareholderinCIBILat27.5percent.24. CanaraBanknamescricketerShikharDhawanasitsbrandambassador.25. HousingDevelopmentFinanceCorporation(HDFC)BanksetWorldrecordforBloodcollectioninasingleday.Theblood
donationcamporganisedbyHDFCBankon6December2013wasrecordedintheGuinnessBookofRecords.26. TheWorldBankhassaiditwouldprovideupto$3billioninaidforUkrainein2014tohelpthecountrydelivermuch‐needed
economicreforms.27. MaxLifeInsurancehastiedupwithToyotaFinancialServicesIndiaLtdtoprovideinsurancecovertocarloancustomers.28. Biharemergesasfastestgrowingstate(15.05percent)in2012‐13:CSOReport.
Note:AccordingtotheCSOdata,Gujaratranked6thwithgrowthrateat7.96percent,behindBiharandMadhyaPradeshwith9.89percent,Goa8.47percent,Kerala8.24percentandOdisha8.09percent.Theall‐Indiagrowthratein2012‐13was4.47percent.
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29. IndianBankhasbaggednationalawardforexcellenceinlendingtomicroenterprisesfor2012‐2013,fortheconsecutivesecondyear.
30. CorporationBankhasbaggedtheawardsforlendingtoMSE(microandsmallenterprises)andtomicroenterprisesfromtheUnionMinistryofMicro,SmallandMediumEnterprises(MSME)for2012‐13.
31. TheBankofBahrainandKuwait,BBK,planstoexpanditsoperationsinIndiabyopeningitsfourthbranchinthecountryinNewDelhi.
32. InterestrateonPostOfficeFDsincreasedbyupto0.2percentfrom8.2percentto8.4percent.33. India’s1stpostofficesavingsbankATMinauguratedinThyagarayaNagar,Chennai.34. SEBIapprovedthenewCorporateGovernancenorms.Thenewcorporategovernancenormswouldbecomeapplicableforall
listedcompanieswitheffectfrom1October2014.35. Wholesaleinflationeasedtoaseven‐monthlowof5.05percentinJanuary,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)andSBICardshavejoinedhandsforroll‐outofcreditcardstocustomersofIndia’sfirstwomen‐
focusedcommercialbank41. BharatiyaMahilaBank(BMB),thefirstall‐womenbank,tiedwithNewIndiaAssurancetolaunchhealthinsuranceproductsfor
womenaccountholdersofthebank.42. TheBankofJapan(BOJ)andRBIconcludedanagreementthatexpandsthemaximumamountofthebilateralswaparrangement
(BSA)betweenthetwocountriestoUSD50billion.Note:BOJGovernorisHaruhikoKurodaandRBIGovernorRaghuramRajan
43. NationalBankforAgricultureandRuralDevelopment(NABARD)hasreducedrefinancerateforbanksandotherlendingagenciesby0.20percenttopromoteruralcreditandruralinfrastructure.Note:Therevisedrateofinterestonrefinanceforaperiodoffiveyearsforcommercial,statecooperative,regionalruralandprimaryurbancooperativebankswillbe9.70percent,downfrom9.90percent.
44. SEBIgrantsnewstatustothreeclearingcorporationstoNationalSecuritiesClearingCorporation,IndianClearingCorporationandMCX‐SXClearingCorporation.
45. IMFprojected5.4percenteconomicgrowthforIndiain2014‐1546. WB(WorldBank)projectedeconomicgrowthrateof5.7%forIndiain2014‐15fiscal47. WorldBankwillprovide$250millionloantoconstructdisasterresilienthousesandroadsindisaster‐hitUttarakhand.48. WorldBankwillprovide$500millionloanforwatersupplyandsanitationprojectsintheruralareasofAssam,Bihar,
JharkhandandUttarPradesh.49. WorldBankwillprovide50milliondollarassistancetoAfghanistantosupportthegovernment'seffortstoimproveaccessto
creditformicro,smallandmediumenterprises.50. LIChasre‐launchedits“JeevanAnand”plan,aparticipatingnon‐linkedplanwhichoffersanattractivecombinationof
protectionandsavings.51. Govtlaunchesinflationindexedsavingbondswhichofferprotectiontoretailinvestorsfrompricerise.Theminimumlimitfor
investmentisRs5,000andthemaximumisRs5lakhperapplicantperannum.InterestratewouldbelinkedtoConsumerPriceIndex(CPI).
52. Theworld’sfirstBitcoinstorageservicethatinsuresdepositsofthedigitalcurrencyagainsthackersandaccidentallosshasopenedinLondon.
53. EconomicgrowthinIndiaprojectedat5.35%in2014,saysUNreport54. UNprojectedtheglobaleconomytogrowatapaceof3percentin2014and3.3percentin2015.55. IndianOverseasBanklaunched‘ConnectCard’,anewATMcumDebitcardinassociationwithVISAthatcanbeusedfore‐
commerceacrossfivelakhmerchantoutlets.56. TheCompetitionCommissionofIndia(CCI)approvedAmericanretailgiantWalmartStoresInc'sproposaltoacquireBharti
Group'snearly50percentstakeintheirIndianwholesalestoresjointventure.
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57. TheNationalBankforAgricultureandRuralDevelopment(NABARD)projectedacreditpotentialofRs12726.83croreinthestatefocuspaper(SFP)fortheyear2014‐15inUttarakhandundertheprioritysector.
ImportantNews(India&World):1. BharatiyaJanataPartywins282seatsastheNDAbags334inGeneralElections2014.TheBJPledNDAissettoformthenew
GovernmentattheCentrewithamassivewinintheLokSabhaelections.Thesaffronpartyhassecuredanabsolutemajorityonitsownbywinning282seats.
2. BJPwins71seatsinUP.InUttarPradeshresultsofall80constituencieshavebeendeclared.BharatiyaJanataPartyhas71seats.RulingSamajwadiPartyhaswon5seatsandtwo‐seatseachhasbeenwonbytheCongressandtheBJPallyApanaDal.
3. Indiawillbecometheworld’sthirdlargestoilconsumerby2025accordingtotheUSEnergyInformationAdministration(EIA).TheUSEnergyInformationAdministration(EIA)releaseditsannualEnergyOutlookon7May2014.Atpresent,IndiaisthefourthlargestoilconsumerintheworldbehindtheUS,ChinaandJapan.
4. Actor‐filmmakerKamalHaasanledtheIndiandelegationatthe67thCannesInternationalFilmFestivalinauguratedinCannes,Franceon14May2014.
5. TheUnitedNationsandtheInternationalOlympicCommitteehassignedahistoricagreementtousethepowerofsportstopromotepeaceandeconomicdevelopment.Note:IOCPresident:ThomasBach
6. EuropeanUnionbansIndianAlphonsomangoes,veggiesfromMay1.The28‐memberEuropeanUnionhastemporarilybannedtheimportofAlphonsomangoes,thekingoffruits,andfourvegetablesfromIndiafromMay1,sparkingprotestsfromtheIndiancommunity,lawmakersandtraders.Note:Therecentdecisionbythegrouping'sStandingCommitteeonPlantHealthcameafter207consignmentsoffruitsandvegetablesfromIndiaimportedintotheEUin2013werefoundtobecontaminatedbypestssuchasfruitfliesandotherquarantinepests.
7. MicrosoftacquiresNokia'smobilephonebusinessfor$7.5bn.TheFinnishcompanywillnowfocusonnetworks,mappingservicesandtechnologydevelopmentandlicences.Note:FormerNokiachiefexecutiveStephenElophasbecomeexecutivevicepresidentoftheMicrosoftdevicesgroup
8. TheSupremeCourtofIndiaappointedformerjudgeoftheHighCourtofAustralia,MichaelHudsonMcHughasthethirdarbitratortoresolvethedisputebetweentheCentralgovernmentandMukeshAmbani‐ledRelianceIndustriesLtd(RIL)onKGbasin.
9. SCrecognizestransgenderasthirdcategoryofsex.Inalandmarkjudgement,theSupremeCourtonMondayrecognisedtransgendersoreunuchsasthirdcategoryofgenderanddirectedCentreandstatestograntthemallfacilitiesincludingvotersID,passportanddrivinglicence.
10. WHOcertifiesIndiaasapolio‐freenation.11. WorldMeteorologicalOrganization(WMO)panelannouncedthatCherrapunjiinIndiaregainedtheworldrecordforhighest
rainfallin48hourswith2493millimeters.12. RussiasuspendedfromG‐8group: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. AndhraPradeshhasrecordedhighestgrowthintermsofmilkproductionatover41percentandper‐capitamilkavailabilityabout36percent,duringtheperiod2006‐10.
16. AUSjuryorderedSamsungElectronicsCoLtdtopay$119.6milliontoAppleInc,abiglossfortheiPhonemakerinthelatestroundoftheirglobe‐spanningmobilepatentlitigation.
17. CadburyIndiaLimitedannouncedtochangeitsnametoMondelezIndiaFoodsLimited.CadburyIndiaLimitedisasubsidiaryofMondelezInternationalInc.
18. Vietnam(Hanoi)decidednottohostthe2019AsianGamesforfinancialreasons,andwasexploringprocedurestowithdrawfromstagingtheregion'slargestsportingevent.
19. SunPharmaceuticalIndustries(SPL)announcedthatitwillacquire100percentofRanbaxyLaboratoriesina$4billionall‐sharetransaction.
20. Deadly‘Heartbleed’virusarrivesinIndiancyberspace.21. JammuandKashmirbecamethefirststateinthecountrytodeclareallelectionboothsinthecomingLokSabhapollsasno
smokingzones.22. IRV2020programmehasbeenlaunchedbyWHO‐India,withanaimto
protectandincreasethepopulationoftheone‐hornedrhinoceros(Rhinocerosunicornis).
23. WorkdaysfortribalsunderMNREGAraisedfrom100to150.ThosetribalswhohavereceivedlandrightsundertheForestRightsAct,2006willbeeligibleforadditional50daysofwageemploymentundertheruraljobscheme.
24. IndianominatedRani‐ki‐VavlocatedinPatan,GujaratandtheGreatHimalayanNationalPark(GHNP)inHimachalPradeshforUNESCO’sWorldHeritageSiteStatusfor2014.
25. VandanaFoundationlaunchedAQUATMinMumbai:TheAQUATMisawatervendingmachinefromwhichwatercanbepurchased.Thiswaterwendingmachinewillrelease1literwateratapriceof1rupee.
26. AirIndiaisallsettojointheworld'slargestairlinegrouping,StarAlliance,thisJuly,makingitthefirstairlinefromIndiatobepartofaglobalchainofcarriers.
27. GujaratstatehasbeenrankednumberoneinalistofIndia's20largeststatesintermsof“economicfreedom”.
28. GooglepartnerswithRay‐banforGoogleGlass.29. IndiaisDubai’slargestnonoiltradingpartnerin2013‐1430. Inthebiggest‐everdealsignedattheIndiaAviationShow,SpiceJet
hasinkedanagreementwithBoeingforpurchaseof42737MAX8aircraftcostingRs.26,000crore($4.4billion).
31. Kellogg’sropesinDeepikaPadukoneasbrandambassadorforSpecialK
32. MauritiusPresidentRajkeswarPuryaagisthechiefguestatGlobalAyurvedaFestinKerala
33. NationalWaqfDevelopmentCorp.LimitedisanewCentralPublicSectorEnterpriseinNewDelhi.Note:ItwillberemainundertheMinistryofMinorityAffairs.NationalWaqfDevelopmentCorporation(NAWADCO)hasbeenestablishedwithanauthorizedsharecapitalofRs.500Crore.ii.Thecorporationhasbeenestablishmentasafollow‐upoftherecommendationofSacharCommittee.
34. SocialmediagiantFacebookwillacquiremobilemessagingcompanyWhatsAppfor19billiondollarsinacashandstockdeal,thelargestacquisitionbytheMarkZuckerberg‐ledfirm.Undertheagreement,WhatsAppco‐founderandCEOJanKoumwilljoinFacebookBoardofDirectors.Note:WhatsApp,headquartersisinCalifornia'sMountainView.
35. Odiadeclaredasclassicallanguage.Sofar,Sanskrit,Tamil,Telugu,KannadaandMalayalamhavebeendeclaredasclassicallanguages.
36. GoogleandArchaeologicalSurveyofIndia(ASI)jointlylaunched360‐degreepanoramicimageryof30outof100"nationally‐importantmonuments"includingTajMahal,RedFort,Humayun'sTomb,JantarMantarandQutubMinaramongothers,viewabletoone‐thirdoftheworld'spopulation.
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37. CheteshwarPujara,themiddleorderbatsmanofIndiancricketteamappointedasthebrandambassadoroftheGujaratStateElectionCommission.
38. Country’sfirstMinorityCyberVillageopenedinChandoliinAlwardistrictofRajasthan.39. Sikkimachievesover100percentsanitation.Sikkimhasbecometheonlystateinthecountrytoachievemorethan100percent
sanitationinruralandurbanhouseholds,schools,sanitarycomplexesandAanganwadicentres.40. India’sfirstmonorailservicelaunchedinMumbai.Thefirstphasecovers8.9kmlongWadala‐Chembursection.41. BelgiumbecamesecondcountrytoallowMercyKillingforChildren.ParliamentofBelgiumon14February2014legaliseddeath
toterminallyillchildrenofanyage.Note:OtherEuropeancountriesthatallowsactiveeuthanasiaare:1.Luxembourg,whichpermitsactiveeuthanasiaforover18yearsinage.2.Switzerlandletsdoctorstohelpadultpatientstocommitsuicide
42. Indiaistheworld’slargestarmsimporter:SIPRI.ThenewdatahasrankedChinaandPakistansecondandthirdrespectivelyasthelargestarmsimporter.ThereportpublishedbyasSwedishThinkTank,StockholmInternationalPeaceResearchInstitute(SIPRI)hasclaimedthatIndiacontinuestobethelargestbuyerofarmsintheworld.
43. IndiabecamethirdlargestcrudeoilimporterintheWorld.World’sTopFiveOil‐ImportingCountriesare:1.China,2.U.S.A:,3.India4.Japan 5.Germany
44. Facebook—withmorethan1.2billionusersworldwide—iscelebratingits10thbirthdayon3rdFeb2014.45. SixPublicSectorUnits(PSUs)havesignedaMemorandumofUnderstanding(MoU)tosetuptheWorld’slargest4000MWultra
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)istheChiefGuestatIndia’s65thRepublicDaycelebrationson26thJanuary2014.51. TheJaincommunitywasaccordedminoritystatusbythecentralgovernment,whichwillenablethemtoavailofbenefitsin
governmentschemesandprogrammes.TheJainsbecamethesixthcommunitytohaveminoritystatusafterMuslims,Christians,Sikhs,BuddhistsandParsis.
52. AmullaunchesIndia’sfirst‘milkATM’inGujarat.53. SouravGangulyconferredDoctorofLettersdegreebytheprestigiousBengalEngineeringandScienceUniversity(BESU),
Shibpur,forhisgreatcontributiontoIndiancricket.54. DelhibecamefirststatetowithdrawFDIinMultibrandRetail.55. Indiahasbeenranked98thintheForbeslistofworld'sbestcountriesfordoingbusinessthathascitedpoverty,corruptionand
discriminationagainstgirlsamongthechallengesfacingthecountry.Irelandtoppedthelist.56. TheUSGreenBuildingCouncil(USGBC)hasrankedIndiaasNo3amongthelistoftop10countriesforLEEDoutsideofthe
UnitedStates.57. PrinceHarryhasbecomethefirstBritishroyaltoreachtheSouthPoleafterathree‐weekcharitytrekwithinjuredmilitary
veteransfromBritain,theU.S.,CanadaandAustralia.58. CricketiconSachinTendulkarhasbeennamedtheregionalbrandambassadorbytheUNICEFtopromoteitsTotalSanitation
CampaigninIndia,Pakistan,SriLanka,BangladeshandNepal.59. ThePetroleumConservationResearchAssociationundertheMinistryofPetroleumandNaturalGashasselectedAndhra
PradeshfortheawardofbestperformingStateamongstthebigstatesfortheoilandgasconservationprogrammes.60. GorakhpurrailwaystationenteredLimcaBookofRecordsasworld’slongestplatform
Note:BeforetheplatformnumberoneofGorakhpur,theplatformofKharagpurrailwaystationofWestBengalhadthedistinctionofbeingworld’slargestplatformwithlengthof1072.5meters.
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. Dhoom3’hasbecomeBollywood’shighestrevenuegrosserofalltimesinjustafortnightafteritspan‐Indiarelease.68. ChiletookitsseatattheUnitedNationsSecurityCouncil(UNSC)asanon‐permanentmemberoftheinternationalbodytillDec
31,2015.69. NepalandIndiahaveagreedinprincipletoallowcirculationofRs.500andRs.1,000denominationIndianbanknoteswithin
Nepaleseterritory,endingabaninplaceforoveradecade.Note:Thedecisiontoscrapthe2010dealwastakennearlyayearafterreportssurfacedthattwotopofficialsofthecompanyhadallegedlypaidbribestobagthecontract.FormerIAFchiefSPTyagiisoneoftheaccusedinthecase,whichisbeingprobedbyCBI.
70. Indiacancels3,600crorerupeeVVIPchoppersdealwithAnglo‐ItalianfirmAgustaWestLand.71. EuropelaunchedGaiasatellite,oneofthemostambitiousspacemissionsinhistory.72. Alstombagged125millioneurocontractfromBHELforNeyveliNewThermalPowerProject.Thecontractistosupply
componentsandservicesforthe1000MWNeyveliNewThermalPowerProject(NNTPP)ofNeyveliLigniteCorporationlocatedinTamilNadu.Note:Alstomisagloballeaderintheworldofpowergeneration,powertransmissionandrailinfrastructure.Ithassetabenchmarkforinnovativeandenvironmentallyfriendlytechnologies.ii.Alstombuildsthefastesttrainandthehighestcapacityautomatedmetrointheworld.
73. ChinabuiltanewresearchstationinAntarcticacalledTaishan.ItwasChina’sfourthresearchstationinthesouthernpole.Note:Antarcticaisthefifth‐largestcontinentinareaafterAsia,Africa,NorthAmerica,andSouthAmerica.
74. China'sfirstlunarrovernamedJadeRabbitlandedonMoon.ThelunarroverhasbeennamedJadeRabbit(calledYutuinChinese).Note:Inpastthreedecades,Chinaisthefirstcountrytodoso.Earlier,Luna24ProbeofSovietUnionwasthelastspacemissiontolandonmooninAugust1976
75. Chileistheworld’stopcopperexporter,anditsfast‐growingeconomy,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. Arundhati Bhattacharya: SBI's first woman Chairman
22. 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:appointedcoachoftheNationalmen’shockeyteam.32. YaduvendraMathur:appointedasChairmanandManagingDirectorofExport‐ImportBankofIndia(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)South‐EastAsiaRegion
Note:i.SEAROisoneofthesixregionsofWorldHealthanditsheadquartersisinNewDelhi.ii.SEROhas11countriesnamelyIndia,Nepal,Bhutan,Bangladesh,Myanmar,Thailand,Indonesia,SriLanka,Maldives,TimorLesteandDPRKorea.
40. JusticeAshokKumarMathur:appointedChairmanofthe7thPayCommission41. T.NandaKumar:newChairmanoftheNationalDairyDevelopmentBoard(NDDB),replaceAmritaPatel42. AkhileshDasGuptare‐electedpresidentoftheBadmintonAssociationofIndia(BAI)43. P.Madhusudan:appointedChairmanandManagingDirector(CMD)ofRashtriyaIspatNigamLtd(RINL)44. NRamachandran:NewPresidentofIndianOlympicAssociation(IOA)45. RatanTataappointedmemberofChina‐backedBoardofBoaoForumforAsia(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. Newre‐electedPMofHungary:ViktorOrban8. NewPrimeMinisterOfFrance:ManuelValls9. NewPresidentofMalta:Marie‐LousieColeiroPreca10. PMofMalta:JosephMuscat11. NewPrimeMinisterofEgypt:IbrahimMahlab:.IbrahimMahlab
replaceHazemel‐Beblawi.12. NewPresidentofChile:MichelleBachelet13. NewCEOofFord:MarkFields.HesucceedAlanMulally14. NewItaly'syoungestPM:MatteoRenzi.Heisthe39‐year‐oldleader
oftheCentre‐LeftDemocraticParty,15. NewPrimeministerofUkraine:ArseniyYatsenyuk16. InterimPresidentofUkraine:OleksandrTurchynov17. NewPMofNepal:SushilKoirala.HereplacedKhil‐Raj‐Regmi.18. NewChairmanofMicrosoft:JohnThompson.HesucceededBill
Gates19. NewCEOofMicrosoft:SatyaNadella.HereplacedSteveBallmer
andhetakesoverasthethirdCEOoftheMicrosoftfirm.20. MarcoLambertiniappointedasdirector‐generalofWWF(WorldWideFundforNature)International21. NewSecretaryGeneralofNorthAtlanticTreatyOrganisation(NATO):JensStoltenberg.HereplacetheincumbentSecretary
GeneralAndersFoghRasmussen.22. NewPMofBangladesh:SheikhHasinaShebelongstoAwamiLeagueparty.
23. NewchairmanoftheFederalReserve:JanetYellen.ShesucceedsChairmanBenBernanke.
JanetYellen,thefirstwomantochairtheFederalReserveinits100‐yearhistory.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:FirstfemalejudgeinPak’sNationalShariaCourt
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Summits
G20Summit:G‐20meeting(2014)ofFinanceministersandcentralbankgovernorsheldinSydney(Australia).G20LeadersSummit(2014)willbeheldinBrisbane,Queensland(Australia,inNovember2014.NATOSummit‐NATOSummit2014willbeheldinBritain.(Britainlasthostedthesummitin1990,whenMargretThatcherwasPrimeMinister).G8Summit:39thSummit2013:UnitedKingdom.(NorthernIreland)Note:The40thG8summitwasduetobeheldinRussiain2014.Themeetingwasplannedfor4–5June2014attheBlackSearesortofSochi.However,theothersevencountriesdecidedon24MarchthatasummitwouldbeheldwithoutRussia,inBrussels,Belgium.G7countriesrefusetoattendplannedG8summitinRussia.G‐8Countries:Canada,France,Germany,Italy,Japan,Russia,BritainandtheUSSAARCSummit:3rdSAARCministerialmeetonpovertyalleviation2013–Kathmandu(Nepal)18thSAARCSummit2013‐Kathmandu(proposed)
Nuclearsecuritysummit2ndSummit2012–Seoul(SouthKorea),3rdSummit2014(Next):Netherland4thSummit2016:UnitedStates
BIMSTECSummit3rdBIMSTECsummit2014:NayPyiTaw(Myanmar)4thBIMSTECsummitwillbeheldinNepal.Note:BIMSTEC(BayofBangalInitiativeforMultisectoralTechnicalandEconomicCooperation)BIMSTECincludes7countries:Bangladesh,India,Myanmar,SriLanka,Thailand,BhutanandNepalandaimstocreatecooperationinmultiplesectorsincludingtrade,investmentandenergy.NAMSummit:16thSummit2013:Tehran,Iran17thSummit2015‐Caracas(Venezuela)Note:Twonations,namelyAzerbaijanRepublicandFiji,wereacceptedasthenewmembersoftheorganization.NewMember1.UnitedNation–SouthSudannewmembercountry.Total–193members2.WTO–Tajikistannewmembercountry.Total–159members.3.WorldBank&IMF–SouthSudannewmembercountry.Total–188members4.EuropeanUnion–Croatianewmembercountry.Total–28
1. World Economic Forum 2014: held in Abuja (Nigeria). Bharti Enterprises founder and Chairman Sunil Bharti Mittal co – chair this year’s edition of the World Economic Forum on Africa.
2. India,SriLankaandMaldivesheldNationalSecurityAdvisor‐levelmeetingonmaritimesecuritycooperationinNewDelhi.3. WorldTelecommunicationsDevelopmentConferenceheldinDubai.4. TheGreenEconomySummitheldinDubai.5. ArabSummit2014:KuwaithosttheArabsummitforthefirsttime6. InternationalPetroleumConference2014(PETROTECH‐2014)heldinNewDelhifrom12th–15thJanuary2014.7. The9thWTOMinisterialConferencewasconcludedon6December2013atBali,Indonesia.8. 12thPravasiBharatiyaDivas2014heldinNewDelhi.Thisyear'sthemeis"EngagingDiaspora:ConnectingAcrossGenerations"
DatukSeriGPalanivalistheChiefGuestof12thPravasiBharatiyaDivas
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9. The8thAsiaGasPartnershipSummit(AGPS)washeldatNewDelhi,India.The8thAGPSwasorganizedbyGAIL(India)LimitedandFederationofIndianChambersofCommerceandIndustry(FICCI).
PointsToRemember:
MOUs‐DealbetweenIndia&OtherCountries1. Indiahascommitted8.5billionrupeestoBhutanforSmallDevelopmentProjectforthecountry’sthe11thFiveYearPlan.2. IranandJapansignedaMemorandumofUnderstanding(MoU)forbilateralcooperationonenvironmentalissuesinTokyo.3. India,Azerbaijan:toexploreopportunitiesinenergysector4. IndiaandCanadahavesignedthreeMoUsforcooperationinhealthsector,audio‐visualco‐productionandskilldevelopment.5. India,PolandagreetoformJointWorkingGroupforcooperationinfilmssector.6. IndiaandFijihavesignedaDoubleTaxationAvoidanceAgreement,DTAAfortheavoidanceofdoubletaxationandforthe
preventionoffiscalevasionwithrespecttotaxesonincome.7. IndiaandSaudiArabiahavedecidedtoenhancetheirbilateraltradeandeconomicco‐operationovernext5years.8. IndiaandBhutanhavesignedanagreementondevelopmentofhydropowerprojects.9. IndiaandGermanycouldsignanagreementfor€1billionforGreenfieldprojects10. IndiaandPakistansignedMoUonelectricitytrade:Indiahasexpresseditsintenttoexportelectricitytothetuneof500MW
toPakistanimmediatelyifinfrastructurefortransmissionofpowerismadeavailable.11. IndiaandMaldivesinkseveralpactsandhaveagreedto
jointlypatrolandconductsurveillancetostrengthenmaritimesecurityintheIndianOceanRegion.
12. IndiahassignedaRs4,000‐croredealwiththeUSforprocuringsixmoreC‐130JSuperHerculesSpecialOperationsaircraftfortheIndianAirForce.
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,studentsintheagegroupof5‐14yearswillbeprovidedwithahealthcardwhichwillentitlethemtofreecheck‐upstwiceayearattheplacewheretheyarestudying.
3. NorthDelhiMunicipalCorporation(NDMC)launchedanewhealthschemeStriSwasthyaSurakshaYojnaforwomenon6March2014.
4. UttarPradeshgovernmentlaunchedSamajwadipensionschemeon28January2014.Theschemewillbenefitover40lakhfamilies.Undertheschemepensionfrom500rupeesto700rupeeswillbegiventobeneficiaries.
5. TamilNadulaunchesfreeCFLbulbscheme:UndertheschemestateGovtwillprovidefreecompactfluorescentlightbulbstoover14lakhhut‐dwellersintheState,anenergysavingmeasureaimedatsaving40MWofpower.
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6. Centrelaunchese‐inclusionprojecttospreade‐literacy.Theprojectisaninitiativetomakeatleastoneindividualineveryhouseholde‐literate,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(Delhi‐MumbaiIndustrialCorridor)projectlaunchedinMadhyaPradesh.14. GoldenGirl(BangaruTalli)Scheme:Auniquescheme,launchedinAndhraPradesh,toprotectgirlchildandensureher
education.15. AnnaBhagya’programmelaunchedinKarnataka.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(T‐TBI)waschosenfortheSpecialCommendation
attheGolden Peacock National Training Awards 2014.4. BharatRatnaAward:SachinTendulkarandCNRaoconferredBharatRatnaAward2013.
Note:TendulkaristhefirstsportsmanandtheyoungestrecipientofthetheBharatRatnaii.ProfRaoisawellrecognizedinternationalauthorityonsolidstateandmaterialschemistryisthethirdscientisttoreceivedawardafterCVRamanandformerPresidentA.P.JAbdulKalam.iii.TheBharatRatnawasannouncedafteragapoffouryearswithHindustanimusicdoyenBhimsenJoshibeingthelastrecipientin2009.
5. DadasahebPhalkeAward2013:VeteranpoetandfilmlyricistGulzarhasbeenchosenforthecovetedDadasahebPhalkeAwardfor2013.Heisthe45thwinneroftheDadasahebPhalkeAward.
6. PulitzerPrize2014:India‐bornpoetVijaySeshadrihaswontheprestigious2014PulitzerPrizeinthepoetrycategoryforhiswork'3Sections'.
7. DonnaTarttwinsfictionPulitzerPrize2014fornovel'Goldfinch'8. MissIndia2014:KoyalRananewMissIndia.9. GandhiPeacePrizefor2013:EminentGandhianandenvironmentalistChandiPrasadBhatselectedfortheaward.
Note:ApioneeroftheChipkoMovementforwhichhewasalsoawardedtheMagsaysayAwardin1982,Mr.BhattwasgiventhePadmaBhushanbyUPA‐Iin2005.
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. NarayanaMurthyawardedwith‘GlobalIndianAward’inCanada.19. LuisSuareznamedasProfessionalFootballers'AssociationPlayeroftheYear.20. JeevMilkhaSinghnominatedforAsianTour’s‘PlayeroftheDecade’
award21. MSDhoniwonUnitedKingdom’s2014Asianawardforoutstanding
achievementinSports.22. ShikharDhawannamedoneofWisden'sFiveCricketersoftheYear
award.23. SachinTendulkarwonCricketerofgenerationaward24. TomasHalik,theCzechpriestwontheTempletonPrizefor2014.25. IndiaandSingaporewonthe2014editionoftheUN‐Water“Waterfor
Life”BestPracticesAwardfortheirsustainablepracticesofwaterresources.
26. HindustanAeronauticsLtd(HAL)receivedtheMostEfficientNavratnaAwardfortheyear2013.
27. MegastarAmitabhBachchanwasconferredIndia'sGlobalIconoftheYearaward
28. Indian‐originGopalRaowonUKTwitterPrize.29. TurkishinvestigativejournalistAhmetSikwon2014UNESCO
GuillermoCanoWorldPressFreedomPrize.30. AnandKumar,thefounderofSuper30got2014Ramanujan
Mathematicsaward31. IndianWriterPankajMishrawonWindhamCampbellLiteraturePrize
201432. PresidentPaulKagameofRwanda,PresidentParkGeun‐hyeofSouth
KoreaandMexicanbillionnaireCarlosSlimwontheWorldTelecommunicationandInformationSociety(WTIS)Award2014.
33. PresidentPranabMukherjeegottheRotary'shighestawardforhisleadershipinthecountry'svictoryoverpolio.
34. ArogyaSwamiJosephPaulrajhasbeenawardedtheprestigious2014MarconiSocietyPrize.PaulrajistheonlyIndia‐bornscientisttoreceiveboththeMarconiPrizeandtheBellMedal,twotopglobalITtechnologyawards.
35. MadanBabu,anIndian‐bornscientist,wontheProteinScienceYoungInvestigatorAwardfor201436. AustralianpacerMitchellJohnsonwonthecovetedAllanBordermedal.37. AbhishiktaSShettyofKarnatakawonMissSouthIndiaPageantTitle38. CyrusMistrywinsDSCPrize2014forSouthAsianliteratureforhisbook“ChroniclesofaCorpseBearer”.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,PrincipalScientistattheCSIR‐IndianInstituteofChemicalTechnologyhasbeenhonouredwiththebestscientistawardofScience‐TechFoundation(STF)
PadmaAwards2014:PadmaVibhushan1.DrRaghunathAMashelkar:ScienceandEngineering,Maharashtra2.BKSIyengar:Yoga,MaharashtraPadmaBhushanGulamMohammedSheikh,Art‐Painting,GujaratBegumParveenSultana,Art‐ClassicalSinging,MaharashtraT.H.Vinayakram,Art‐GhatamArtist,TamilNaduKamalHaasan,Art‐Cinema,TamilNaduJusticeDalveerBhandari,PublicAffairs,DelhiRuskinBond,LiteratureandEducation,UttarakhandPullelaGopichand,Sports‐Badminton,AndhraPradeshLeanderPaes,Sports‐Tennis,MaharashtraProfLloydIRudolph,LiteratureandEducation,USAPadmaShriMohammadAliBaig,Art‐Theatre,AndhraPradeshNayanaApteJoshi,Art,MaharashtraVidyaBalan,Art‐Cinema,MaharashtraAnjumChopra,Sports‐Cricket,DelhiSunilDabas,Sports‐Kabbadi,HaryanaLoveRajSinghDharmshaktu,Sports‐Mountaineering,DelhiDipikaRebeccaPallikal,Sports‐Squash,TamilNaduHBonifacePrabhu,Sports‐WheelchairTennis,KarnatakaYuvrajSingh,Sports‐Cricket,HaryanaMamtaSodhaSports‐Mountaineering,HaryanaOscarAward2014:BestFilm‐12YearsaSlave–DirectedbySteveMcQueenBestActor‐MatthewMcConaugheyfor:DallasBuyersClubBestActress‐CateBlanchettfor:BlueJasmineBestDirector‐AlfonsoCuarónforGravityBestActorinaSupportingRole‐JaredLetofor:DallasBuyersClubBestActressinaSupportingRole‐LupitaNyong'ofor12YearsaSlaveBestForeignLanguageFilm‐TheGreatBeauty(Italy)Note:"Gravity"pulledin7Oscars,includingbestdirector,atthe86thAcademyAwardsonMarch2,2014.
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61stNationalFilmAwards:BestFilm:'ShipofTheseus'–Director–AnandGandhiBestActor:RajkumarRaofor'Shahid'andSurajVenjaramuduandVenajaramooduforMalayalammovie'Perariyathavar'BestActress:GeetanjaliThapaforLiarsDiceBestDirectorAward:PranjalDuafor'ChidiyaUd'(Hindi)BestPopularFilmprovidingWholesomeEntertainment:'BhaagMilkhaBhaag'BestFilmonSocialIssues:'TojiaDharmKauncha'BestNonFeatureFilm:'Rangbhoomi'BestSupportingActor:SaurabhShukla,'JollyLLB'Note:'CinemaKaCinema'gottheBestBookonCinema,whiletheBestFilmCriticawardwenttoAlkaSahaniaDirectorofFilm'Shahid'–HansalMehtaDirectorofFilm'JollyLLB'–SubhashKapoorDirectorofFilmLiarsDice–GeetuMohandasTheIIFA2014AwardsWinners’ListBestActor(Male):FarhanAkhtarforBhaagMilkaBhaagBestActress(Female):DeepikaPadukoneforChennaiExpressLifetimeAchievementAward2014:ShatrughanSinhaBestEntertaineroftheYear:DeepikaPadukoneBestFilm:BhaagMilkaBhaagBestDirector:RakeyshOmMehraforBhaagMilkhaBhaag.BestDebutantAwardmap:DhanushforRaanjhanaaBestStoryAward:PrashoonJoshiforBhaagMilkhaBhaagBestLyricWriter:MithoonforTumHiHofromAashiqui2BestMalePlaybackSingerAward:ArijitSinghfor‘TumHiHo’fromAashiqui2BestFemalePlaybackSingerAward:ShreyaGoshalfor‘SunRahaHaiNaTu’fromAashiqui2JohnTravoltahonouredtheMostPopularAllTimeInternationalStarinIndiaatIIFAawards59thFilmfareAwards2014:1.BestActress:DeepikaPadukone‐GoliyonKiRasleelaRamLeela2.BestActor:FarhanAkhtar‐BhaagMilkhaBhaag3.BestFilm:BhaagMilkhaBhaag4.BestDirector:RakeyshOmprakashMehra–BhaagMilkhaBhaag5.BestLyrics:PrasoonJoshi–Zinda(BhaagMilkhaBhaag)6.BestDebut(Director):RiteshBatra‐TheLunchbox7.BestDebut(Male):Dhanush–Raanjhanaa8.BestDebut(Female):VaaniKapoor‐ShuddhDesiRomance9.BestStory:SubhashKapoor‐JollyLLB10.BestActorinaSupportingRole:NawazuddinSiddiqui‐TheLunchbox11.BestActressinaSuportingRole:SupriyaPathak‐Ram‐Leela12.LifetimeAchievementAward:Tanuja
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PersoninNews:
1. Dr.ManmohanSinghresigns.asPrimeMinisterofIndia.2. Nitish Kumar resigns as Bihar CM3. LakhdarBrahimi:UNEnvoyonSyriaresigned4. AlenkaBratusekSlovenia’sPrimeMinisterresigned.5. DilipShanghvinamedamongAsia’srichestself‐madebillionaires.6. ManojVaish,ManagingDirector&CEOofMultiCommodityExchangeofIndiaLtd(MCX),resigned.7. PElangointerimCEO&WholetimeDirector,quitfromCairnIndia.8. AamirKhan–ElectionCommission’sNationalIconforLokSabhaElections20149. ArjunKapoorNamedNationalAmbassadorforEarthHour201410. VivekGundotra,chiefofGoogle’ssocialnetworkingventureGoogle+resigned.11. NancyPowellresignedastheUSAmbassadortoIndia12. PrimeMinisterofKazakhstanSerikAkhmetovhasresigned13. SouthKorea'sPrimeMinisterChungHong‐Wongiveresignoverthesinkingofapassengerferrythatleftmorethan300people
deadormissing.14. JusticeKTThomasquitsasheadofLokpalsearchcommittee15. HazemEl‐Beblawi:EgyptianPMresigns.16. ArchanaBhargava:ChairmanandManagingDirectoroftheUnitedBankofIndia,hasresigned.17. ZakaAshraf:PrimeMinisterNawazSharifsackedZakaAshrafastheChairmanofthePCB18. Sub‐InspectorKPrasadBabuwashonouredposthumousAshokChakraforananti‐Naxaloperation.19. JamilaBayaz,firstwomentobeappointedpolicechiefofKabulprovince.SheisthefirstwomaninAfghanistantobeappointed
aspolicechiefofanentiredistrict.20. EnricoLetta:ItalyPrimeMinisterresigned.21. ArvindKejriwal:resignfromthepostofChiefMinisterofDelhi.22. PopeFranciswasnamedasthePersonoftheYear2013byTimeMagazine.23. WiproChairmanAzimPremjiwontheEconomicTimesLifetimeAchievementAward2013forhisroleincreatingIndia'sthird
largestsoftwareexporter.24. AliLarayedh:PrimeMinisterofTunisiaresigned25. Indian‐originacademicianRakeshKhuranahasbeenappointeddeanoftheprestigiousHarvardCollege.HesucceedsEvelynn
Hammonds.26. ParveenAmanullah:BiharFirstWomanMuslimMinisterResigns27. TeestaSetalvad,accusedformisusingforeignfundsmeantforhelpingthevictimsofthe2002Gulbargsocietymassacre.28. MichaelFerreira:Billiardschampionwasaccusedin425‐crorerupeesscaminmulti‐levelmarketingfirmQNet.29. JusticeA.K.Ganguly:WestBengalHumanRightsCommissionchairmanJusticeA.K.Gangulyresignedfromthepostofhonorary
professoroftheNationalUniversityofJuridicalSciences30. VBalakrishnan:FormerInfosysCFOjoinsAAP31. HardeepSinghPuri:whoretiredasIndia’sPermanentRepresentativetotheUnitedNations,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:Tehelkaeditor‐in‐chiefwasarrestedonchargesofsexuallyassaultingayoungcolleague.38. MathewMartoma:Indian‐originhedgefundportfoliomanagerMathewMartomaconvictedforhisroleinthe$275million
insidertradingscheme,themostlucrativeinU.S.history.
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Books&TheirAuthors
1. Book‐MyYearswithRajivandSoniawrittenbyR.D.Pradhan2. Book‐ModiNomics: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. Book‐ModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.
12. Book:Water,PeaceandWar‐ConfrontingtheGlobalWaterCrisiswrittenbyBrahmaChellaney.13. HardChoicesauthoredbyHillaryRodhamClinton14. Book:GreaterthanBradman:celebratingSachin,thegreatestbatsmaninTesthistoryauthoredby:RudolphLambert
Fernandez,aChennai‐basedauthor.15. Book:“Unbreakable”‐AnAutobiographybyMaryKom16. TheLuminariesby:EleanorCatton.ShewontheManBookerPrize2013.17. WalkingWithGiants:authoredbyformerFinanceSecretaryG.Ramachandran.18. "IamMalal:authoredbyChristinaLamb.19. MomentousTimesonthe175yearsofTimesofIndia.ThebookisaneffortoftheTimesofIndiaGroup.20. "VictoryIndia‐AKeytoQualityMilitaryLeadership"authoredbyColonelVinayBDalvi(Retd)21. TheDaVinciCode:DanBrown
SomebooksauthoredbyRBIGovernor:RaghuramRajan
AidandGrowth FaultLines India'sPatternofDevelopment TheRealEffectofBankingCrises ControlledCapitalAccountLiberalization SavingCapitalismfromtheCapitalists
LEADER”SVISITEDINIDIA
1. Oman’sForeignMinisterYousufbinAlawibinAbdullahvisitedIndia.2. KingofBahrainHamadbinIsaAlKhalifavisitedIndiaonFebruary18‐20,2014.3. PresidentofZanzibar,Dr.AliMohamedSheinvisitedIndiafrom1to9February2014.Zanzibarisasemi‐autonomouspartof
Tanzania,inEastAfrica.4. GermanPresidentJoachimGuackvisitedIndiaon4thFeb20145. FrenchFirstLadyValerieTrierweilervisitedInidaon25thJan2014.6. KingofBhutan,JigmeKhesarNamgyelWangchuckandQueenJetsunPemaWangchuckvisitedIndia7. SouthKoreanPresidentParkGeun‐hyevisitedIndia.
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OBITUARY
1. 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:Ex‐tennisplayerdiesofcancer5. 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:thedesigneroffabledAK‐47automaticrifle,diedinRussia.AK‐47'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:Oscar‐winningactorhasdiedattheageof9648. BabulPhukan:FormerfootballerdiedinGuwahati49. NelsonMandela,theanti‐apartheidrevolutionaryofSouthAfricadied50. SandeepAcharya:IndianIdolwinnerpassesaway.51. RonnieBiggs:knownforhisroleinthe1963GreatTrainRobbery,died.52. NarayanSahu:FormerOdishaMLAandfreedomfighterpassesaway53. PhilipSeymour:Oscar‐winningactorHoffmandied.
SportsNewsAustralianOpen2014:
1.Men’sSingle:Switzerland'sStanislasWawrinkaclaimedhisfirstGrandSlamtitlebydefeatingRafaelNadal2.Women’sSingle:LiNa(China)defeatDominikaCibulkova.LiNabecomesfirstChinesewomantoclinchtitle.3.Women’sDoubles:ErraniandRobertaVincibeatRussia'sEkaterinaMakarovaandElenaVesnina
MadridTitle2014:RafaelNadal defeat Kei Nishikori in the final to win the title. MonteCarloMastersTennis2014:StanislasWawrinkabeatRogerFederer.Miami(Sony)Open2014:1.Men’sSingle:NovakDjokovicdominatesRafaelNadaltowinfourthMiamititle.2.Women’sSingle: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:Fifteen‐year‐oldRussianskaterYuliaLipnitskayahasbecometheyoungestathleteintheworldtowinaGoldmedalattheWinterOlympics
ICCWorldCupCricketVenue:ODI:(OnedayInternational):1.Australia&NewZealand:2015CricketWorldCup.2.Englandwillhost2019CricketWorldCup.3.Indiawillhost2023WorldCupforthefourthtime.T20:1.Bangladeshhostthe:WorldT20Cup‐2014.(ForMen&women)2.Indiawillhostthe:WorldT20Cup‐2016.(ForMen&women)3.AustraliatohostWorldT20in2020.(ForMen&women)4.WestIndiestohostWomen'sWorldT20in2018andUnder‐19CricketWorldCupin2022.Note:ICCWomen’sWorldCup2013‐AustraliadefeatedWestIndiesatBrabourneStadiuminMumbai.The2013WorldTwenty20QualifierarescheduledtobeplayedinNovember2013intheUnitedArabEmirates.Test:1.EnglandtohostCricketWorldTestChampionsin–2017(forfirsttime).2.IndiawillhostWorldTestChampionshipin‐2021.
Note:ICCU‐19WorldCup2014heldinUAE.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 Twenty20
Australia Australia India
SouthAfrica India SriLanka
England SriLanka Pakistan
Pakistan England SouthAfrica
India SouthAfrica Australia
1. Men’sT20WorldCup2014:SriLankadefeatIndiatowinthemaidentitle.2. Women’sWorldT202014:AustraliadefeatEnglandinthefinaltowinthetitleforthethirdtimeinarow.3. AsiaCupTitle2014:SriLankadefeatPakistantowinthetitle.
Note:ItistheirfifthAsiaCupsuccess,equalingtherecordofIndia.4. ICCU‐19WorldCup2014:SouthAfricabeatsPakistantoliftthetitle.5. RanjiTrophy2014.KarnatakabeatMaharashtratoliftthetitle.Karnatakahavewonthetrophyforseventhtime.6. IraniTrophy2014:KarnatakawonbydefeatingRestofIndia.7. IndiaclaimU‐19AsiaCuptitlebydefeatingPakistaninfinal
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8. VijayHazareTrophy2014:KarnatakawonthetitlebydefeatingRailways9. Grant Flower named as Pakistan batting coach. 10. 68thSantoshTrophy:MizoramdefeatRailwaystowinthetitle.
Note:ThisisthemaidenSantoshTrophyforMizoramalsothiswasthefirstappearancefortheminthefinalmatch.11. PankajAdvaniwonCCIBiliardstitle.Hedefeatedtwo‐timeworldrunner‐upDhruvSitwala12. 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. TheIndo‐ZimbabweantennispairofSaniaMirzaandCaraBlackhaswontheWTAPortugalOpenwomen'sdoublestitle.23. KamalChawlahassettledforabronzemedalintheAsian
SnookerChampionshipbeingheldintheUnitedArabEmirates.24. PunjabwonJuniorNationalHockeyTitle2014bydefeatingOdisha
inthefinal.25. NovakDjokovicwonIndianWellsfinalbydefeatingRogerFederer.26. India'sHeenaSidhuclinchedWorld'sNo.1spotin10mtsairpistol
event.27. GeorgeBaileyleadKingsXIPunjabintheseventheditionoftheIndianPremierLeague28. Australianall‐rounderShaneWatsonwillcaptainRajasthanRoyalsintheIndianPremierLeague(IPL).29. SunilGavaskarappoints(HDFCchairman)DeepakParekhashisspecialadvisorfor7theditionofIPL30. USsprintstarTysonGayhasreceivedaone‐yeardopingbanfromtheUSAnti‐DopingAssociation.31. TriplejumperRenjithMaheswary,whohasbeenstoppedfromreceivingArjunaAwardundercontroversialcircumstanceson
chargesofdopeviolationlastyear,hasagainbeenrecommendedbytheAthleticsFederationofIndia(AFI)forthecovetedhonourthisyear.
32. Darren Sammy retires from test cricket but remains T20 captain. 33. Ronnie O’SullivannamedasSnooker’sPlayeroftheYear.34. LasithMalinga,newcaptainofSriLankaT20team35. NewZealand'sKiwiKathyCrossbecamethefirstwomantobeinductedinanICCumpires'panel36. DipikaPallikalrankedNo10inWomen’sSquashAssociation(WSA)rankings37. SainaNehwalwonSyedModiInternationalIndiaGrandPrixGoldbadmintoncrownbydefeatingPVSindhuinLucknow.38. BCCIrecommendsRavichandranAshwin(Off‐spinner)forArjunaAward.39. AnirbanLahiriwonIndonesianMastersgolftitle.40. GrandMasterAdhibanwonsilvermedalattheAsianContinentalChessChampionship41. DelhiWaveridersbeatJaypeePunjabWarriorstolifts2ndeditionofHockeyIndiaLeaguecup.42. RafaelNadalremainstopofthemen’sATPtennisrankings.43. SerenaWilliams(USA)remainstopoftheWTAtennisrankings44. ChennaitohostWorldBridgeChampionshipsnextyear.45. ShaikAbdulHameedofIndiawonthe2014ThailandTourtitleofAsianBowlingFederation(ABF).46. ChainSinghandHeenaSidhuclaimedgoldmedalsintheseventhAsianAirGunChampionshipinKuwait47. SwimmerSupriyaMondalhasqualifiedforthe2014YouthOlympicsbywinningagoldmedalinthe200mbutterflyeventat
theDubaiInternationalAquaticChampionshipsinHamdan.48. ManavjitSinghSandhu,theIndianveterantrapshooterjumpedtothethirdspotintheworldrankings.49. PoojaGhatkarclinchesgoldinwomen’sairrifleintheseventhAsianairgunchampionship50. FormerAustraliatestbatsmanMarcusNorthretires.51. Spain'sRealMadridretainedthetitleoftheworld'srichestsoccerclub52. NetherlandsbeatNewZealandtowinmaidenHeroHockeyWorldLeaguetitle53. JimmyWalkeroftheUSwontheSonyOpengolftournamentheldinHawaii54. VeteranIndianshuttlerArvindBhatliftsGermanOpentitle
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55. AdityaJoshiisworldNo.1juniorshuttler.56. SerenaWilliamsbeatVictoriaAzarenkatowinBrisbaneInternationalTitle.57. ATPOpenTennistournamentheldinChennai.58. JacquesKallisovertakesRahulDravidtobecome3rdhighestTestrun‐getter59. Dubaitennischampionship:RogerFedererdefeatdefeatingTomasBerdych.60. GraemeSmith,theSouthAfricancricketteamCaptainannouncedretirementfrominternationalcricket.61. SouthAfrica'slegendaryall‐rounderJacquesKallisannouncedretirementfromTestcricket.62. VeteranSriLankanbatsmanMahelaJayawardenehasbecomethesixth‐highestrun‐scorerinthehistoryofTestcricket63. 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,defeatingdebutantNewZealand49‐21inthesummit
clashplayedatGuruGobindSinghsportscomplexinJalandhar(Pinjab).70. JuniorHockeyWorldCup2013:GermanybeatFrance,registerrecordsixthworldtitle.71. RisingTestbatsmanCheteshwarPujarahasbaggedthe'EmergingCricketeroftheYear'2013trophy.72. TheInternationalCricketCouncil(ICC)hassuspendedWestIndiesoffspinnerShaneShillingfordfrombowlingininternational
matchesbecauseofillegalaction.73. AndyMurraycrownedBBC'SportsPersonalityoftheyear'2013.74. EthiopianRunnerAtseduTsegaywonDelhiHalfMarathon2013.75. AustraliabeatEnglandtoseal5‐0Ashestitle76. HockeyWorldLeagueFinalkickedoffinNewDelhi77. 75thSeniorNationalTableTennisC’shipheldinPatna78. ThefirsthighaltitudecricketstadiuminSouthIndia,inauguratedatKrishnagiriinWynaddistrictofKerala.79. WorldandEuropeanchampionsSpaintopthefinalFIFAworldrankingsoftheyearforthesixthtimeinarow.80. MaheshMangaonkarbecamethefirstIndiansquashplayertowintheIMETOpenbydefeatingGregLobban,intheSlovakian
capitalofBratislava.81. JohnIsnerbeatLuYen‐hsunofTaiwantowinAucklandtitle
NewsRelatedToDefence&Technology
1. Bolivialaunchedcountry’sfirsttelecommunicationsSatelliteTupakKatariNote:CapitalofBolivia:Sucre,President:EvoMorales
2. IRNSS—1A,IRNSS‐1B‐India'snavigationsatellite.3. PakistansuccessfullytestfiresHaft‐III(Ghaznavi)ShortRangeSurfacetoSurfaceBallisticMissile.Range290km4. Indo‐NepaljointmilitaryexerciseEx‐SuryaKiranDrillsVIheldatSaljhandiinRupandehidistrict.5. Thelargest130‐MWSolarPowerPlantofIndiaWelspunSolarMPProjectwaslaunchedatBhagwanpurinNeemuch,Madhya
Pradesh6. NTPCsignedaMemorandumofUnderstanding(MoU)withBiharStatePowerGenerationCompanyLimited(BSPGCL)and
LakhisaraiBijleeCompanyPrivateLimited(LBCPL)todevelopa1320MW(2X660MW)ThermalPowerProjectatKajrainLakhisaraidistrictofBihar.
7. NathpaJhakriHydroPowerStationawardedagoldshieldon4February2014foritsmeritoriousperformancein2013‐14.NathpaHydropowerStationconsecutivelythirdtimereceivedtheaward.Note:TheNathpaJhakriDamisaconcretegravitydamontheSatlujRiverinHimachalPradesh.
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8. INSVikramadityaentersIndianNavy'sareaofoperation.INSVikramaditya(R33)isaProjectwhichenteredintoservicewiththeIndianNavyin2013.TheshiphasbeenrenamedinhonourofVikramaditya,alegendary1stcenturyBCemperorofUjjain,India.
9. FastPatrolVesselAbhinav,theIndianCoastGuardShipcommissionedinKochi10. GSLV‐D5launchplacesIndiaineliteleagueoftheU.S.,Russia,France,JapanandChinaTheGSLVisdesignedtoinjectits
passengerspacecraftintotheintendedGeosynchronousTransferOrbitwithacombinationofsolid,earth‐storableliquidandcryogenicpropellantsinitsfirst,secondandthirdstages,respectively.
11. IndianmissiontoMarsblastsoffsuccessfully.TheMarsOrbiterMission,knownas"Mangalyaan".Note:i.OnlytheUnitedStates,RussiaandtheEuropeanSpaceAgencyhavebeensuccessfulinthismission.ii.TheUnitedStatesistheonlynationthathassuccessfullysentroboticexplorerstolandonMars,themostrecentbeingCuriositywhichtoucheddowninAugust2012.iii.IndianSpaceResearchOrganisation(ISRO)chairmanK.Radhakrishnan.iv.ThesatelliteisscheduledtoreachtheMarsorbitinSeptember2014andisdesignedtocircletheRedPlanetinanellipticalorbitof366kmX80000km.v.PrimaryobjectivesoftheMarsmissionaretodemonstrateIndia’stechnologicalcapabilitytosendasatellitetoorbitaroundMarsandconductmeaningfulexperimentssuchaslookingforsignsoflife,takepicturesoftheredplanetandstudyMartianenvironment.
12. IRNSS‐1A,India'sfirsteverdedicatedNavigationsatellitelaunchedblastedofffromtheSatishDhawanSpaceCentreinSriharikota.
13. INSVikramadityasettojoinIndianNavy.INSVikramadityaisaKievclassaircraftcarrierwhichwascommissionedbyRussianNavyin1987underthenameBaku.
14. Missiles:1.Nuclear‐capable'Agni‐V'testedforsecondtime.'Agni‐V'long‐rangeballisticmissile.strikerangeofmorethan5000kmNote:IntheAgni(SurfacetoSurfacemissile)series,IndiaatpresenthasAgni‐1with700kmrange,Agni‐2with2000kmrange,Agni‐3andAgni‐4with2500kmtomorethan3500range.Agni–Vmorethan5000kmPrithvi:1.PrithviI‐150km 2.PrithviII‐350km 3.PrithviIII‐350km‐600km
HeadquarterofInternationalOrganisation UNO ‐ NewYork UNICEF ‐ NewYork UNESCO – Paris UNIDO – Vienna WHO – Geneva UNFPA ‐ NewYork SAARC – Kathmandu ILO – Geneva WorldBank‐ WashingtonD.C IMF ‐ WashingtonDC WTO – Geneva
InternationalCourtOfJustice‐TheHague InternationalAtomicEnergyAgency–Vienna InternationalCommitteeoftheRedCross–Geneva InternationalMaritimeOrganisation–London FoodandAgriculturalOrganisation–Rome WorldMeteorologicalOrganisation‐Geneva AmnestyInternational– London TransparencyInternational– Berlin WorldIntellectualPropertyOrganization–Geneva InternationalRenewableEnergyAgency‐AbuDhabi
(UAE)
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CommonwealthofNations–London InternationalStandardsOrganisation–Geneva
ImportantDaysofMarch/April&May‐
March‐ March4‐WorldDayoftheFightAgainstSexualExploitation March8‐ InternationalWomen’sDay March13‐WorldKidneyDay March15‐WorldDisabledDay March15‐WorldConsumerRightsDay March21‐WorldForestryDay March21‐InternationalDayfortheEliminationofRacialDiscrimination March22‐WorldWaterDay March23‐ WorldMeteorologicalDay March24‐WorldTBDayApril‐ 5thApril‐NationalMaritimeDay 7thApril‐WorldHealthDay 10thApril‐ WorldHomoeopathyDay(BirthdayofSamuelHanimen) 14thApril‐WorldAeronauticsandCosmologyDay 14thApril‐ Ambedkar’sBirthAnniversary
17thApril‐ WorldHemophiliaDay 18thApril‐WorldHeritageDay 21stApril‐ IndianCivilServiceDay 22ndApril‐EarthDay 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: Anti–TerrorismDay May24: CommonWealthDay May29: MountEverestDay May31: Anti–TobaccoDay
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ABBREVIATIONINNEWS1. DICGC:Depositinsuranceandcreditguarantee
corporation.2. OLTAS:On‐lineTaxAccountingSystemisusedforDirect
Taxes3. TIN:TaxInformationNetwork4. IMPS:InterbankMobilePaymentService5. BSBDA‐BasicSavingsBankDepositAccount6. FCNR(B)‐ForeignCurrencyNon‐ResidentBank7. TARC‐TaxAdministrationReformCommission8. ITEs:Intra‐GroupTransactionsandExposures9. LCR:LiquidityCoverageRatio10. NSFR:NetStableFundingRatio11. REER:RealEffectiveExchangeRate12. LRMT:Liquidityriskmonitoringtools13. CBS:CoreBankingSolution14. DEAF:DepositorEducationandAwarenessFund15. CRAR:CapitaltoRisk‐weightedAssetsRatio16. ExternalCommercialBorrowings(ECB)17. SWIFT:SocietyforWorldwideInterbankFinancial
Telecommunication18. FSLRC:FinancialSectorLegislativeReformsCommission19. MIBOR:MumbaiInter‐BankOfferRate20. LIBOR:LondonInter‐BankOfferRate21. LAF–LiquidityAdjustmentFacility22. GIRO‐GovernmentInternalRevenueOrder23. EEFC‐ExchangeEarner'sForeignCurrency24. FRBMA:FiscalResponsibilityandBudget
ManagementAct25. ALM‐AssetLiabilityManagement26. AMFI‐AssociationofMutualFundinIndia.27. TIEA–TaxInformationexchangeAgreement28. CAR–CashAdequacyRatio29. CCEA–CabinetCommitteeonEconomicAffairs
30. CECA‐ComprehensiveEconomicCooperationAgreement
31. CEPA–ComprehensiveEconomicPartnershipAgreement
32. DTAA–DoubleTaxationAvoidanceAgreement33. ECBs‐ExternalCommercialBorrowings34. EEFC‐ExchangeEarner'sForeignCurrency35. EFSF–EuropeanFinancialStabilityFacility36. FEMA‐ForeignExchangeManagementAct37. FII–ForeignInstitutionalInvestor.38. FINO‐FinancialInclusionNetworkOperation39. FIPB–ForeignInvestmentPromotionboard40. FSLRC–FinancialSectorLegislativeReforms
Commission41. FTA‐Freetradeagreement42. GAAR‐Generalantiavoidancerule43. GSLV‐Geo‐SynchronousLaunchVehicle44. MSF‐MarginalStandingFacility45. NBFC‐NonBankingFinanceCompanies46. NCTC‐NationalCounter‐TerrorismCentre47. NEFT‐NationalElectronicFundsTransfer48. NSG–NuclearSuppliersGroup49. PPP–PublicPrivatePartnership&PurchasingPower
parity50. PSLV–PolarSatelliteLaunchvehicle51. RTGS‐RealTimeGrossSettlement52. SLR‐StatutoryLiquidityRatio53. TAPI‐Turkmenistan‐Afghanistan‐Pakistan‐India.54. QFI‐QualifiedForeignInvestors55. VVPAT‐'VoterVerifiablePaperAuditTrail'56. TaxInformationExchangeAgreement(TIEA)
HighlightsofGeneralElections2014World’sbiggestdemocraticexercise‐India’s16thLokSabha(LowerHouse)electionswhichranfromApril,7toMay12,2014areoveranditsverdictisout.Ofthetotal543seatsforwhichelectionswerecontested,BJPledNDAachievedathumpingvictoryon336seats,whereas,CongressledUPAhasfacedthoroughdefeatin6keystateswinningjust59seats,andtheCongress,44seats.TheAamAadmiParty(AAP)whichcontestedon424seatshasfaceddebacleasitcouldwinjust4seats.AAPleaderandformerChiefMinisterofDelhi,ArvindKejrival,whocontestedagainsttheNarendraModifromVaranasi,defeatedbyahugemarginofmorethan3lakhvotes.WiththisNDAvictory,BJP’sPrimeMinisterialcandidateNarendraModiisallsettobetheheadofthenewlyelectedIndianGovernment.
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BJPregistereditsbiggestwininUttarPradeshwinning71seatsdespiteabigcoalitionpartner,thebestperformancebyasinglepartyinthestatesince1984whentheCongresswon83of85seats.
ResultsLokSabhaPolls2014:
ALLTHEBESTTOALLTHEASPIRANTSFORSBIPO2014EXAM
ALLIANCE TALLY
NDA(BJP+Allies) 335
UPA(Congress+Allies)
59
AAP 4
SP 5
BSP 0
AITC 34
JD(U) 2
LEFT 11
ADMK 37
OTHERS 56
TOTAL 543/543
VoteShare:Alliance VoteShare(%)
NDA 35
UPA 23
LEFT 4
AITC 4
Others 34