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    July 1, 2015

    1) China on 29 June 2015 officially

    started work on the 3,968-km-long

    gas pipeline that will pump 38 billion

    cubic meters of natural gas from

    Russias far-east to Shanghai. This

    project, titled Russia- China East

    Route natural gas pipeline Project

    is one of the worlds largest energy

    projects. The said project is slated

    to be completed by which year?

    2018

    Explanation: It is worth mentioning

    that the construction on the Russian

    section of this huge project had

    started in September 2014. The

    project is known in Russia as the

    Power of Siberia pipeline. The

    inauguration of this projects

    Chinese end was televised from a

    ceremony that was held

    simultaneously in Beijing, Moscow

    and the border city of Heihe in

    northeast China on 29 June 2015.

    The pipeline, extending from gas

    fields in Russias Far East to

    Shanghai, is designed to transport

    38 billion cubic meters of natural

    gas from Russia to China every

    year. With this project China has

    been able to firm up its energy ties

    with Russia, which is reeling under

    U.S. and EU sanctions over the

    Ukraine crisis.

    2) Countrys largest bank State

    Bank of India (SBI) on 30 June

    2015 announced its tie-up with

    which travel company with an

    objective to capitalise on the

    business opportunities of the

    booming e-commerce and m-

    commerce ecosystem?

    MakeMyTrip.com

    Explanation: The partnership

    between SBI and

    MakeMyTrip.com includes

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    partnership with personal banking

    unit for consumer facing

    propositions including EMIs on

    purchase of holidays & international

    travel, customized travel products

    like Forex cards and travel products

    that inspire SBI customers to travel.

    On the other hand MakeMyTrip

    customers will be able to access

    special offers from SBI on

    debit/credit cards and personal

    financing. SBI chairperson

    Arundhati Bhattacharya said that

    SBI aims at becoming a One

    Stop solution provider for the entire

    range of financial needs of e-

    Commerce players as well as our

    customers in the market.

    3) The last minute of June 2015

    was kept one second longer, for a

    process known as leap second.

    The leap second and leap years are

    added as basic ways to keep the

    clock in sync with the Earth and its

    seasons. When was the last time

    that the leap second was

    observed? June 2012

    Explanation: The leap second

    meant that the last minute of June

    2015 was of 61 seconds instead of

    60 seconds. Leap seconds occur

    at irregular intervals because they

    depend on measurements of the

    Earths rotation, which varies

    unpredictably. Leap seconds are

    announced only six months in

    advance. This means computers

    and software cannot be supplied

    with leap seconds programmed in,

    and they must be inserted

    manually. It is also worth

    mentioning that as the irregularity of

    adding leap seconds causes

    problems for computer networks,

    several proposals have been put

    forward to abolish them. When the

    last leap second kicked in, on a

    Saturday night in June 2012,

    websites including Reddit and

    LinkedIn faltered as servers got

    confused. In Australia, more than

    400 flights were delayed as the

    Qantas check-in system crashed

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    4) Tamil Nadu Chief Minister J.

    Jayalalithaa scored a huge victory

    in the assembly by-election, the

    result for which was announced on

    30 June 2015. She secured this win

    from which constituency of the

    state? R.K. Nagar

    Explanation: Jayalalithaa won the

    R.K Nagar by-election with a huge

    margin of 1.51 lakhs. She secured

    a total of 1.6 lakh votes. CPI

    candidate C.Mahendran secured

    9,690 votes. The by-election was

    necessitated by AIADMKs P.

    Vetrivel vacating the seat in May to

    enable Jayalalithaa to seek re-

    election post her acquittal by the

    Karnataka High Court in a graft

    case.

    5) Which teams will meet in the

    finals of Copa America 2015?

    Chile and Argentina

    Explanation: Copa America is the

    most prestigious football

    tournament of South America. In

    the first semi-final of the tournament

    held on 29 June 2015, hosts Chile

    defeated Peru by 2-1 to reach the

    finals. Eduardo Vargas contributed

    both the goals for Chile while Gary

    Medels own goal gave Peru their

    single goal. In the second semi-final

    held on 30 June 2015 between

    Argentina and Paraguay, Argentina

    demolished Paraguay by 6-1 to

    make it into the finals. For

    Argentina Di Maria scored two

    goals while Rojo, Pastore, Aguero

    and Higuain contributed one goal

    each. Barrios scored the lone goal

    for Paraguay. The final will be

    played on 4 July 2015 at Estadio

    Nacional, Santiago.

    6) Union Government during June

    2015 completed the construction of

    a memorial for a former Prime

    Minister at Delhis Ekta Sthal

    Memorial Complex. Who is this

    former Prime Minister?

    P.V.Narasimha Rao

    Explanation: P.V. Narasimha Rao

    was Indias 10th Prime Minister

    during 1991-96 and was

    instrumental in ushering economic

    liberalization and reforms in the

    country. The completion of his

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    memorial at Ekta Sthal Complex

    coincided with his 94th birth

    anniversary on 28 June 2015. The

    proposal to construct a memorial for

    P.V. Narasimha Rao was moved by

    Union Urban Development Minister

    M. Venkaiah Naidu before the

    Union Cabinet and was accordingly

    approved. The memorial has come

    for Rao more than 10 years after

    his death in 2004. It is worth

    mentioning that the Ekta Sthal

    Memorial Complex already houses

    memorials of four former Presidents

    (Presidents Shankar Dayal Sharma,

    K R Narayanan, R Venkatraman,

    Giani Zail Singh) and two former

    Prime Ministers (Chandra Shekhar

    and I.K. Gujral).

    July 2, 2015

    1) Prime Minister Narendra Modi on

    1 July 2015 launched the Digital

    India Week, as part of the Digital

    India initiative to give India a big

    push in digital technology. What is

    the primary objective of Digital

    India? To bridge the digital

    divide by bringing in large

    investments in technology

    manufacturing

    Explanation: Digital India is a

    massive initiative of the Indian

    Govt. to provide electronic

    governance and universal phone

    connectivity across the country. It

    primarily aims to bridge the digital

    divide by bringing in large

    investments in technology

    manufacturing in the country.

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    Leading industrialists pledged Rs.

    4.5 lakh crore as Narendra Modi

    inaugurated the Digital India Week

    at a programme held in New Delhi

    on 1 July 2015. It is worth

    mentioning that the push to connect

    India and drive a national fibre optic

    network, approved by the previous

    Congress-led government in 2011,

    has made slow progress in utilizing

    technology to bring services and

    deliverables to those outside large

    towns and cities.

    2) Which country has became the

    first country to eliminate the

    transmission of HIV and syphilis

    from mother to baby as announced

    by the World Health Organisation

    (WHO) on 1 July 2015? Cuba

    Explanation: WHO described this

    feat as one of the greatest public

    health achievements ever achieved.

    Cuba has achieved zero instances

    for babies born with HIV,

    transmitted to the baby through the

    affected mother. In 2013, only two

    babies were born with HIV in Cuba,

    and only five born with congenital

    syphilis. Over the past five years,

    Caribbean countries have had

    increased access to antiretroviral

    drugs as part of a regional initiative

    to eliminate mother-to-child

    transmission. HIV and syphilis

    testing for pregnant women and

    their partners, caesarean deliveries

    and substitution of breastfeeding

    have also contributed to the

    breaking of the infection chain in

    Cuba. The reduction in infection

    rates in Cuba is seen as a major

    breakthrough in the campaign to rid

    the world of the virus.

    3) Which country on 30 June 2015

    became the first-ever developed

    economy to default on a loan with

    the International Monetary Fund

    (IMF)? Greece

    Explanation: Greece, as expected,

    was not able to repay 1.6 billion it

    owed to the International Monetary

    Fund (IMF), in what was the largest

    missed payment in the Funds

    history. The deadline to make the

    payment ended on 30 June.

    Greece, who had asked European

    partners for a two-year aid package

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    to cover its financing needs, made

    last-minute overtures to its

    international creditors for financial

    aid on 30 June but it was not

    enough to save the country from

    becoming the first developed

    economy to default on an IMF loan.

    Greece has received nearly 240

    billion in two bailouts from the

    European Union and International

    Monetary Fund since 2010. The

    money has allowed the country to

    stay afloat but at a high cost to its

    population, which has swallowed

    many austerity measures such as

    cuts to pensions, wages and public

    services. With its missed payment

    to the IMF, Greece is on a path out

    of the euro with unforeseeable

    consequences for both the EUs

    grand currency project and the

    global economy.

    4) Communication pioneer Matti

    Makkonen, who passed away

    during June 2015, was known for

    developing which popular mode of

    mobile communication? Text

    messaging or SMS

    Explanation: Matti Makkonen of

    Finland was known as the father of

    short messaging service (SMS)

    after developing the idea of sending

    messages via mobile networks. He

    had helped to launch the worldwide

    sensation of texting, although he

    was often quick to point out that he

    did not invent the technology single-

    handedly. He had claimed that real

    launch of the SMS service, was

    when Nokia introduced the first

    phone that enabled easy writing of

    messages (Nokia 2010 in 1994).

    Although the use of SMS the world-

    over has begun to fall, it still

    remains a popular service. He

    passed away during June 2015.

    5) Bharti Airtel became the third-

    largest mobile operator in the world

    in terms of subscribers as disclosed

    in the latest data published by

    World Cellular Information Service

    (WCIS). Which operators occupied

    the first and second spots

    respectively? China Mobile and

    Vodafone Group

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    Explanation: Sunil Mittal-led Bharti

    Airtel moved up one position in the

    global rankings of mobile operators

    with over 303 million mobile

    subscribers across its operations.

    The global rankings were led by

    China Mobile (China), which had

    626.27 million subscribers and was

    followed by Vodafone Group of the

    UK with 403.08 million subscribers

    worldwide. China Unicom (China)

    closely followed Airtel with 299.09

    million subscribers while America

    Movil occupied fifth place with

    274.14 million subscribers. It is

    worth mentioning that Bharti Airtel

    had started its operations in

    November 1995 in New Delhi and

    in less than two decades emerged

    as the top telecom brand in the

    world. The company presently

    operates in 20 countries across

    South Asia and Africa. Bharti

    Airtels mobile network covers over

    1.85 billion people and carried over

    1.23 trillion minutes of calls and

    over 333 petabytes of data in 2014-

    15.

    6) The Union Govt. recently put off

    the proposal to relax the 5/20

    condition for airlines to fly abroad,

    according to which domestic

    carriers must have been in

    operation for five years and have a

    fleet of 20 aircraft to be eligible to

    fly on international routes. What is

    the main reason for putting-off this

    decision? The govt. was worried

    that it could be accused of

    favouring new airlines while

    implementing this rule

    Explanation: It is worth mentioning

    that by relaxing the 5/20 condition

    for domestic airlines to fly abroad,

    the govt. could have faced

    accusations of favouring new

    airlines -especially Vistara and

    AirAsia, who have started their

    operations within a couple of years.

    Certain members of the Union

    Cabinet felt any change in the rule

    will be seen as benefiting Vistara,

    the joint venture airline between

    Singapore Airlines and Tata Sons,

    and AirAsia, the low-cost airline in

    which also Tata Sons has a stake.

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    7) In an unprecedented event, the

    Reserve Bank of India (RBI)

    remained opened on 1 July 2015 so

    as to facilitate settlement of public

    and market transactions. Normally,

    RBI remains closed for public

    transactions on every years 1 July.

    Why? Because RBI has its

    annual closing of accounts on

    this day

    Explanation: It is worth mentioning

    that while April to March is the

    accounting year for almost whole

    business fraternity in India, RBIs

    accounting year is from July to

    June. Hence, till date RBI used to

    remain close for public transactions

    on 1 July. But moving away from

    the tradition, the RBI remained

    opened for public on 1 July 2015

    and continued to provide services

    such as RTGS/NEFT, transfer of

    funds and settlement of securities,

    etc. to the general public.

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    July 3, 2015

    1) Indian economy crossed which

    landmark figure during 2014 as

    disclosed in the data released by

    the World Bank in Washington on 2

    July 2015? $2-trillion mark

    Explanation: The World Bank data

    disclosed that the size of Indian

    economy stood at $2.06 trillion at

    the end of 2014. It has almost

    doubled in size since the financial

    crisis hit the country in 2008, and

    has more than quadrupled from the

    start of this millennium. Thus, after

    taking 60 years to reach the $1-

    trillion mark, India added the next

    trillion in just seven years. The

    World Bank data also show that

    Indias gross national income per

    person rose to $1,610 (around Rs.

    1 lakh) a year during 2014 from

    $1,560 the previous year. Indias

    growth rate, at 7.4% in 2014,

    makes it the fastest growing major

    economy along with Chinas, which

    is a whopping $10.4 trillion in size.

    2) According to the recently notified

    compliance window under the Black

    Money (Undisclosed Foreign

    Income and Assets) and Imposition

    of Tax Act, 2015, what is the last

    day for announcement of

    undisclosed assets abroad for

    Indians under it? 30 September

    2015

    Explanation: Under the window, a

    person with undisclosed assets

    (including bank accounts) abroad

    can make a declaration by 30

    September 2015. He/she will have

    time till 31 December 2015 to pay

    tax and a penalty on such assets.

    Tax will be levied at the rate of 30%

    while the penalty will be 100% of

    the tax. Altogether, the person will

    have to pay 60% of the taxable

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    value or amount declared. The

    notification pertaining to this

    compliance window was issued on

    1 July 2015 by the Union Govt. The

    said law intends to be a strong

    deterrent for generation of black

    money abroad. Once the assets are

    declared and the tax and penalty

    are paid, the person concerned will

    not be prosecuted under the new

    legislation. For people who do not

    comply using the window, the Act

    provides for stringent penalties and

    prosecution. For wilful evasion of

    tax, there will be rigorous

    imprisonment from three years to

    10 years besides a fine.

    3) The World Bank during July 2015

    announced its clearance of a $650

    million loan for a major project of

    Indian Railways. Which project is

    this? Eastern Dedicated Freight

    Corridor

    Explanation: Construction of the

    Eastern Dedicated Freight Corridor

    will help speed up the carrying of

    goods between Ludhiana in the

    west of India and Kolkata in the

    east. It is part of a series of new

    dedicated freight lines in the

    country which it needs to ease

    congestion on its network. This

    huge project will span 1,840 kms

    (1,140 miles) across the North

    India. The loan is the third from the

    World Bank to help fund the freight

    corridor. Last year the bank had

    approved a $1.1 billion outlay and

    in 2011 $975 million.

    4) The United Nations (UN) issued

    first-of-its-kind guidance for

    countries on 1 July 2015. This first-

    of-its-kind guidance is associated

    with which issue? Health risks

    associated with heat-waves

    Explanation: The World Health

    Organisation (WHO) and World

    Meteorological Organisation (WMO)

    joined forces to issue guidelines on

    Heat-Health Warning Systems that

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    will help contain the heat-waves

    that have turned out to be more

    hazardous due to climate change. It

    is worth mentioning that the heat-

    waves have become more frequent

    and deadlier over the last 50 years,

    recently killing over 3,000 people in

    India and Pakistan. Now several

    European countries like France and

    Belgium are also reeling under

    heat-waves. The joint guidance

    mentioned that the principal

    concern is how to assess the level

    of heat stress associated with the

    meteorological or climate forecast,

    translate this into an estimate of a

    likely health outcome and identify a

    critical heat-stress threshold for a

    graded plan of action. The WMO-

    WHO guidance document gives a

    range of approaches to assess heat

    stress and identify heat-wave

    conditions.

    5) Which Northeastern states Chief

    Minister on 1 July 2015 tabled a

    proposal in the Assembly to lift the

    ban on the manufacture and sale of

    liquor, nearly 24 years after

    prohibition was imposed in the

    state? Manipur

    Explanation: Manipur Chief

    Minister Okram Ibobi Singh on 1

    July tabled a proposal in the State

    Assembly to lift the ban on sale and

    manufacture of liquor, exactly a

    year after neighbouring Mizoram

    lifted its ban on sale of liquor in July

    2014. The ban was imposed in

    1991 when R.K. Ranbir Singh was

    the chief minister. It was imposed

    after widespread agitations by civil

    rights groups, especially Manipurs

    women activists or Meira Paibis.

    The Chief Minister pointed out that

    poor quality liquor produced in

    Khatkhatti (Assam) was being sold

    surreptitiously in Manipur, cheating

    the state of much-needed revenue.

    He also stated that all northeastern

    states, with the exception of

    Nagaland and Manipur, lifted the

    ban on selling Indian-made Foreign

    Liquor (IMFL). After lifting the ban,

    all states have experienced a

    marked increase in revenue

    generation.

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    6) Saudi Arabians Prince Alwaleed

    bin Talal came to news on 1 July

    2015. Why? He pledged his

    entire $32-billion (28.8-billion-

    euro) fortune to charitable

    projects over the coming years

    Explanation: Prince Alwaleed bin

    Talal belongs to the Saudi royal

    family and is a nephew of King

    Abdullah, who died on 23 January

    2015. In the conservative Islamic

    kingdom, Alwaleed, who holds no

    government rank, is unusual for his

    high profile and periodic comments

    about economic issues. On 1 July

    he announced his pledge to donate

    his entire fortune for charity and

    said that the donation will be

    allocated according to a well-

    devised plan throughout the coming

    years.

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    July 4-5, 2015

    1) Chile created history by winning

    the Copa America tournament for

    2015 on 4 July 2015. The host team

    defeated the much-fancied

    Argentina by 4-1 on penalties to win

    the prestigious tournament. This

    was the first Copa America title for

    Chile. Chile had reached Copa

    America finals how many times

    without winning the tournament?

    Four times

    Explanation: The final was played

    at Santiagos Estadio Nacional in

    the presence of nearly 50,000

    Chileans. Chile had reached the

    finals of Copa America four times

    before 1955, 1956, 1979 and

    1987. However, they lost all the four

    finals. But Chile won their maiden

    Copa America title on 4 July after

    defeating Lionel Messi-led

    Argentina by 4-1 in the penalties,

    after the match was tied 0-0 after

    regular time. In a dramatic finale,

    the Chileans made all of their

    penalties while the much fancied

    Argentina could score just one. The

    result extended Argentinas and

    Lionel Messis title drought. The

    national team hasnt won a trophy

    in 22 years. The team had won their

    last Copa America title in 1993. The

    44th edition of COPA America, the

    prestigious football tournament for

    South American countries, had

    started from 11 June 2015 in Chile.

    2) Which team finished at third

    place in Copa America 2015?

    Peru

    Explanation: Peru defeated

    Paraguay 2-0 in the play-off match

    to finish the tournament at third

    place. Thus Peru secured their

    second-straight third-place finish at

    the Copa America.

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    3) India on 3 July 2015 abstained

    from a vote against Israel at the

    U.N. Human Rights Council in

    Geneva, thus giving the signal of a

    major shift in Indias policy on

    Israel. This resolution was

    associated with which issue? The

    alleged war crimes committed by

    both Israel and Hamas during the

    Gaza conflict in 2014

    Explanation: 41 countries voted in

    favour of the resolution against

    Israel, while only the U.S. voted

    against it. India was one of five

    countries including Kenya and

    Macedonia that abstained.

    However, the Indian Government

    denied any policy shift, indicating

    that India had abstained from voting

    because the UNHRC resolution had

    included a reference to taking Israel

    to the International Criminal Court

    (ICC), which India considers

    intrusive. Significantly, India had

    voted against Israel and in favour of

    the UNHRC resolution in July 2014

    that had instituted this very inquiry

    report into the Gaza violence in

    which more than 2,300 had been

    killed in Israeli airstrikes on Gaza.

    4) Which Indian private aerospace

    company recently signed an in-

    principle agreement to set up a joint

    venture with Europes Airbus

    Helicopters to manufacture

    helicopters in India? Mahindra

    Defence Systems Ltd

    Explanation: Mahindra Defence

    Systems Ltd., the defence and

    aerospace division of the Mahindra

    Group, signed an in-principle

    agreement Airbus Helicopters to set

    up a joint venture to manufacture

    helicopters in India This joint

    venture will act as the prime

    contractor for Indias military

    helicopter tenders, including the

    reconnaissance and surveillance

    helicopter, the naval utility

    helicopter and the naval multi-role

    helicopter procurement

    programmes. The investment by

    Airbus Helicopters will be in

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    accordance with current foreign

    direct investment (FDI) guidelines.

    According to the rules, FDI to the

    extent of 49% is permitted through

    the standard approval route,

    provided the original equipment

    manufacturer is seeking to invest in

    a facility which is capable of design,

    production and maintenance of the

    product. The military hardware

    market in the country is estimated

    to be worth an annual $41 billion

    (around Rs.2.6 trillion) in seven

    years. Mahindra Aerospace has led

    the Mahindra Groups entry into

    utility aircraft and aero-structure

    manufacturing since 2008.

    5) Who topped the Union Public

    Service Commission (UPSC)

    examination to select IAS and IPS

    officers, the results for which were

    declared on 4 July 2015? Ira

    Singhal

    Explanation: This prestigious

    exam was topped by Delhis Ira

    Singhal, while second and third

    places were taken by Renu Raj

    (Kerala) and Nidhi Gupta (Delhi).

    While Ira Singhal and Nidhi Gupta

    are Indian Revenue Service

    (Customs and Central Excise)

    officers, Renu Raj is a doctor by

    profession. A total number of 1,236

    candidates, including 590 in general

    category, 354 belonging to OBC,

    194 from SC and 98 from ST, have

    been recommended for

    appointment to various central

    government services. A total of

    1,364 posts are to be filled through

    the civil services examination.

    There are 254 other candidates in

    the waiting list.

    6) Nationwide mobile number

    portability (MNP) became a reality

    in India on 3 July 2015 with state-

    run MTNL and BSNL and private

    mobile operators like Airtel,

    Vodafone, RCom, Idea Cellular,

    and Uninor issuing statements

    regarding this. What will be the

    benefit of nationwide mobile

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    number portability? Nationwide

    mobile number portability means

    a mobile customer will now be

    able to move from one part of the

    country to another without

    having to change his/her number

    Explanation: The government had

    fixed 3 July 2015 as the deadline

    for a national rollout of MNP. The

    date was originally 3 May 2015 but

    was postponed by the government

    by two months to allow for all

    telecom operators to complete their

    implementation. Earlier mobile

    number portability was possible

    only for intra-circle customers but

    now customers of any circle can

    port their numbers to any circle of

    the country. For example a

    customer shifting from Mumbai to

    Delhi would be able to port his/her

    number with nationwide MNP.

    July 6, 2015

    1) In an important happening,

    Greek voters voted overwhelmingly

    to reject the terms of a bailout by

    European entities in a referendum

    held on 5 July 2015. What could be

    the most important fallout this

    referendum result? Greece could

    see its ejection from the

    European Union (EU) it also risks

    financial ruin of Greece

    Explanation: The much-awaited

    referendum was held to decide

    whether or not Greece was to

    accept the bailout conditions in the

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    countrys govt. debt crisis proposed

    jointly by the European Commission

    (EC), the International Monetary

    Fund (IMF) and the European

    Central Bank (ECB) on 25 June

    2015. The referendum was

    announced by Greek Prime Minister

    Alexis Tsipras on 27 June. The

    bailout conditions were rejected by

    a majority of over 61% to 39%.

    Countrys governing Syriza party

    had campaigned for a No, saying

    the bailout terms were humiliating.

    Greece had been locked in

    negotiations with its creditors for

    months when the Greek

    government unexpectedly called a

    referendum on the terms it was

    being offered. Countrys banks

    have been shut and capital controls

    in place since last Monday, after the

    European Central Bank declined to

    give Greece more emergency

    funding. The result of referendum

    could result in Greeces exit from

    the European Union and in such

    condition it will have to adopt a

    currency of its own, which is easier

    said than done seeing the present

    conditions.

    2) Which bank on 4 July 2015

    became the first in the country to

    launch the MUDRA Card, under the

    Pradhan Mantri MUDRA Yojana

    (PMMY) scheme? Corporation

    Bank

    Explanation: The MUDRA (Micro

    Units Development and Refinance

    Agency) card under the Pradhan

    Mantri MUDRA Yojana (PMMY)

    scheme was launched by the

    Corporation Bank on 4 July 2015

    and the bank thus became the first

    in the country to do so. The card

    facilitates the withdrawal and use of

    the working capital finance by micro

    entrepreneurs. Three loan schemes

    are offered to the entrepreneurs

    under MUDRA based on their

    capacity to repay. Shishu scheme

    provides loan up to Rs.50,000,

    while a loan amount up to Rs. 5

    lakh will be lent under Kishore

    scheme. Under Tarun scheme

    loan up to Rs. 10 lakh will be

    offered.

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    3) Which country won FIFA

    Womens Football World Cup 2015

    on 5 July 2015? The United

    States

    Explanation: The 2015 FIFA

    Womens World Cup was

    the 7th edition of FIFA Womens

    World Cup and was hosted by

    Canada. The final was played

    between the U.S. and Japan on 5

    July 2015 at BC Place, Vancouver.

    The U.S. routed Japan in the final

    by 5-2 to win their first World Cup

    since 1999. Carli Lloyd scored a

    hat-trick in the finals to give an

    emphatic win over the defending

    champions. It was sweet revenge

    for the U.S. team, which lost Japan

    in the 2011 final on penalty kicks.

    Third place was won by England,

    who defeated Germany by 1-0 in

    the playoff for third place.

    4) Who won the British F1 Grand

    Prix on 5 July 2015? Lewis

    Hamilton (Britain)

    Explanation: Mercedes teams

    Lewis Hamilton won the third British

    F1 Grand Prix title as he pocketed

    the 2015 edition of the event on 5

    July 2015. The race was a chaotic

    one after heavy rains at the

    Silverstone track affected the event.

    Nico Rosberg (Germany), also from

    Mercedes team, finished second

    and was followed by Ferraris

    Sebastian Vettel (Germany). Force

    Indias Nico Hulkenberg (Germany)

    claimed seventh position. With this

    win Hamilton extended his

    championship lead to 17 points

    over teammate Rosberg.

    5) A U.S. women from Washington

    State, became the first in last 12

    years to die from a disease that

    was not prevalent in the country for

    a long time. Which disease is this?

    Measles

    Explanation: U.S. authorities

    confirmed that the mentioned

    woman is the first person to die of

    measles in the country in a dozen

    years. However, her being affected

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    with Measles was revealed only

    after her death and this put a mark

    on the diagnosis done by her

    doctors. Its not clear exactly why

    doctors failed to catch her measles

    diagnosis until after her death, but

    health authorities believe the

    womans compromised immune

    system may have played a role.

    Officials from Washington State

    Department of Health said that the

    tragic situation illustrates the

    importance of immunizing as many

    people as possible to provide a high

    level of community protection

    against measles.

    6) Kruti Tiwari, an IIT-JEE topper

    from Indore, came to news recently.

    Why? She was nominated as

    the brand ambassador of Prime

    Minister Narendra Modis dream

    project Digital India

    Explanation: Kruti Tiwari was

    handpicked by the Prime Minister

    himself and she will be associated

    with the campaign for the next one

    year. She will be travelling

    extensively across the country

    spreading the message of Digital

    India. The highly ambitious Digital

    India mission was launched by the

    Prime Minister on 1 July 2015 at

    Indira Gandhi Indoor Stadium in

    New Delhi.

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    July 7, 2015

    1) Latest UNICEF data showed that

    both child stunting and the number

    of underweight children in India had

    fallen to a historic low for 2013-14.

    According to the Rapid Survey on

    Children (RSOC) conducted by the

    UNICEF, which 4 states have

    successfully reduced the proportion

    of underweight adolescent girls?

    Tamil Nadu, West Bengal,

    Uttarakhand and Tripura

    Explanation: The Rapid Survey on

    Children (RSOC) comprises of a

    nationwide sample survey of over

    one lakh households conducted by

    the UNICEF. The survey finding

    disclosed that almost all States in

    the country have performed poorly

    in reducing the number of

    underweight adolescent girls. Tamil

    Nadu, West Bengal, Uttarakhand

    and Tripura are the only States

    which have reduced the proportion

    of underweight adolescent girls.

    Among the developed States,

    Gujarat is the only one to perform

    worse than the national average in

    reducing the numbers of child

    stunting cases and underweight

    children. Uttar Pradesh still has the

    highest levels of child stunting, with

    over 50% of the children under the

    age of five underdeveloped,

    meaning that their height is more

    than two standard deviations less

    than the expected height for their

    age for that population. Kerala

    remains the best performing State

    in the number of child stunting

    cases, while Manipur and Mizoram

    have the lowest numbers of

    underweight children. However, no

    State reported an increase in the

    proportion of children underweight

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    or stunted children, a significant

    reversal from past trends.

    2) In an important ruling, the

    Supreme Court on 6 July 2015

    ruled that an unwed mother can be

    the legal guardian of a child without

    the consent of the father. What are

    the present provisions for the same

    case? The current law requires

    that a notice has to be sent to the

    childs father for his consent

    when there is a petition for

    guardianship

    Explanation: This ruling came in a

    case in which a woman had

    challenged the need to involve the

    father of her child in a guardianship

    petition even though she had never

    married him. The woman, a

    government officer, had also

    asserted her right to keep the

    fathers name secret, arguing that

    he had nothing to do with her childs

    upbringing. In her court petition, the

    woman had argued that the man

    stayed with her barely for two

    months and did not even know the

    existence of the child.

    3) What is the name of the Greek

    Finance Minister who resigned from

    his post on 6 July 2015 hours after

    Greeks voted resoundingly to reject

    the austerity terms of a bailout?

    Yanis Varoufakis

    Explanation: Yanis Varoufakis was

    known for his unconventional style

    and hectoring lectures and had

    campaigned for 5 Julys sweeping

    No vote. His sacrifice suggested

    that countrys leftist Prime Minister

    Alexis Tsipras is determined to try

    to reach a last-ditch compromise

    with European leaders. His ouster

    was seen as removal of a major

    obstacle to any last-minute deal to

    keep Athens in the euro zone after

    Greeks overwhelmingly voted

    against the terms of bailout

    package.

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    4) Which team won the mens

    Hockey World League Semi-Final

    tournament on 6 July 2015?

    Australia

    Explanation: World Champions

    Australia defeated Belgium by 1-0

    in the finals of the Hockey World

    League (HWL) Semi-Final

    tournament. Thus Australia claimed

    gold medal while hosts Belgium got

    the silver medal in the tournament.

    HWL Semi-final was hosted at the

    KHC Dragons Stadium in Antwerp

    (Belgium). The tournaments final

    will be played in Mohali (India)

    during December 2015. The

    tournament also served as the

    qualifier tournament for the 2016

    Summer Olympics.

    5) What was Indias place in the

    Hockey World League Semi-Final

    tournament that concluded on 6

    July 2015? Fourth

    Explanation: India was unable to

    win the bronze medal in HWL Semi-

    final after Great Britain routed India

    5-1 in the playoff held on 5 July

    2015. The playoff for third place

    was held between the teams

    beaten in the semifinal. This was

    Britains biggest ever victory in a

    hockey international against Indian

    men, the previous best being the 3-

    0 win at the Seoul Olympics in a

    preliminary round match before

    Britain went on to win the gold

    medal. All four semifinalists form

    this World League Semi-Final

    qualified for the 2016 Olympics

    Games, with India making the

    grade as the gold medalists at the

    Incheon Asian Games. Malaysias

    effort to boost the Asian challenge

    at the Olympic Games, after

    Pakistans failure, was hampered

    when Ireland defeated them 4-2 in

    the playoff for the fifth-place. On the

    other hand, Pakistan suffered

    another defeat on 5 July as France

    beat them 2-1 in the playoff for the

    seventh and eighth spots.

    6) Fiji broke the record for the

    biggest win in international football

    with a 38-0 victory on 5 July 2015.

    This record breaking win came over

    which team? Micronesia

    Explanation: This match was

    played under Pacific Games 2015.

    Fiji trounced the Federated States

    of Micronesia by 38-0 to break

    Australias long standing record of

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    31-0 against American Samoa.

    That win came way back in 2001

    during an Oceania confederation

    qualifier for the 2002 World Cup.

    Earlier, Micronesia lost their first

    match 30-0 to Tahiti in the same

    games.

    7) Who recently became the first-

    ever Arab woman Arab woman to

    officiate at Wimbledon? Aseel

    Shaheen (Kuwait)

    Explanation: Aseel Shaheen is a

    41-year old woman from Kuwait

    who made history when she

    became the first Arab woman to

    officiate at Wimbledon, which

    primarily houses British match

    officials. She is a line judge and is

    one of around 350 men and women

    officiating at Wimbledon 2015. One

    important fact associated with her is

    that she was accepted by

    Wimbledon organizers the All

    England Club, despite the fact that

    she wears the traditional Arab hijab

    to keep her head covered.

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    July 8, 2015

    1) Which railway coach

    manufacturing entity of the Indian

    Railway became the first in the

    world to have manufactured 50

    thousand railway coaches, for

    which a programme was held on 6

    July 2015? Integral Coach

    Factory (ICF), Chennai

    Explanation: Integral Coach

    Factory (ICF) is railway coach

    manufacturing entity in Perambur

    (Chennai) that was established in

    1952 and started producing railway

    coaches from 1955. It primarily

    manufactures railway coach for

    Indian Railways but also exports

    railway coaches to other countries.

    ICF recently achieved the

    distinction of being the first-ever

    entity worldwide to manufacture

    over 50 thousand coaches. To mark

    this occasion a function was held

    on 6 July 2015 in which Union Rail

    Minister Suresh Prabhu released

    the 50,000th coach manufactured by

    ICF. To mark this occasion the Rail

    Minister also dedicated the New

    LHB Coach (Modern Passenger

    Coach) Manufacturing Unit in ICF

    itself to the nation.

    2) A meeting to review the progress

    of physical demarcation of

    ecologically sensitive area in

    Western Ghats was held on 7 July

    2015. The meeting discussed

    conservation of biodiversity of the

    Western Ghats and ways to provide

    adequate livelihood security to the

    local residents. Environment and

    forest ministers of which 6 states

    were invited for this meeting, which

    are being affected by this

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    demarcation? Gujarat,

    Maharashtra, Goa, Karnataka,

    Kerala and Tamil Nadu

    Explanation: The main focus of

    this meeting, presided over by

    Union Environment Minister

    Prakash Javdekar, was to discuss

    measures to conserve the

    biodiversity of the Western Ghats

    region, while providing adequate

    opportunities for livelihood security

    of the local people in the broad

    paradigm of ecologically sensitive

    area. Union Environment Ministry

    had published a draft notification

    last year for declaring an

    ecologically sensitive area in the

    Western Ghats in these 6 states.

    The identified ecologically sensitive

    area represents a continuous band

    of natural vegetation, extending

    over a horizontal distance of about

    1,500 km along the west coast of

    the country. Western Ghats is

    regarded as a global biodiversity

    hotspot harbouring many endemic

    species of flowering plants, fishes,

    amphibians, reptiles, birds,

    mammals and invertebrates. It

    supports population of about 50

    million people.

    3) UNESCO granted world heritage

    site status to Japans 23 Meiji

    period (1868-1912) industrial sites

    that contributed to its transformation

    from feudalism into a successful

    modern economy. But South Korea

    has opposed this UNESCO

    announcement. Why? Korea

    opposes Japan as it had forced

    thousands of Korean labourers

    to work in these sites before and

    during the Second World War

    Explanation: The industrial sites

    associated with Japans Meiji period

    are considered as enduring

    heritage by Japan as they

    contributed immensely in

    transforming Japan from feudalism

    into a successful modern economy.

    But these sites are considered

    controversial by Korea because of

    the use of an estimated 60,000

    Korean labourers by Japanese

    authorities forced to work at seven

    of the sites during Japans 1910-

    1945 colonial rule over the Korean

    peninsula. Most forced labourers

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    have died, but some survivors are

    still seeking compensation from

    Japan through the courts. After

    UNESCOs announcement and

    Korean protests over the

    announcement, Japan agreed to

    acknowledge that some of these

    Meiji sites used Korean forced

    labourers after Korea mounted

    pressure on it.

    4) Who was named as the first

    Chief of the Beijing-backed Asian

    Infrastructure Investment Bank

    (AIIB), which is being established

    as an alternative financial entity to

    the U.S. and Europe-dominated

    banking institutions? Jin Liqun

    Explanation: Jin Liqunis is a

    former Finance Minister of China

    and he was named by China as the

    first Chief of the AIIB on 6 July

    2015. AIIB is a multilateral

    development bank proposed by the

    government of China to provide

    finance to infrastructure projects in

    the Asia region. The bank was

    proposed by China in 2013 and

    launched at a ceremony in Beijing

    in October 2014. The bank has 33

    founding members from the Asian

    region and 17 founding members

    from outside the region. India is one

    of the founding members of AIIB

    and has second highest stake in it

    after China. AIIB is being seen as a

    rival to the U.S. and Europe-

    dominated banking institutions.

    5) Which Indian woman cricketer

    made history on 6 July 2015 by

    becoming the first Indian and

    second in womens ODI history to

    complete 5000 runs? Mithali Raj

    Explanation: Indian captain Mithali

    Raj achieved this distinction as she

    scored a stylish 81 runs in the

    fourth one day international (ODI) of

    the series against New Zealand on

    6 July to enable the Indian team to

    register a comfortable eight-wicket

    victory. In the course of this innings,

    Mithali Raj made history. She

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    became the second woman

    cricketer in history to complete

    5000 runs in ODIs after Englands

    Charlotte Edwards.

    6) American Floyd Mayweather Jr.

    was stripped of the welterweight

    world title he won after beating

    Filipino boxer Manny Pacquiao in

    May 2015. Why? For failing to

    comply with a WBO rule

    Explanation: Floyd Mayweather Jr.

    missed a deadline by which he had

    to pay a $200,000 sanctioning fee

    from the fight and vacate the junior

    middleweight title he also held.

    According to World Boxing

    Organization (WBO) constitution, it

    is against rules for boxers to hold

    world titles in multiple weight

    classes and that Mayweather had

    to indicate, which weight division he

    would retain. He now has two

    weeks to launch an appeal.

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    July 9, 2015

    1) India signed a historic uranium

    deal with Kazakhstan on 6 July

    2015 during Prime Minister

    Narendra Modis state visit of

    Kazakhstan. Under the deal, India

    will receive how much uranium from

    Kazakhstan? 5,000 metric

    tonnes

    Explanation: Kazakhstan is

    Central Asias largest economy and

    the worlds largest producer of

    uranium. India signed a landmark

    uranium supply agreement with

    Kazakhstan on 6 July under which it

    will get 5,000 metric tonnes of

    uranium in the 2015-2019 period.

    Between 2010 and 2014,

    Kazakhstan supplied India with

    2,100 metric tons of uranium.

    Kazakhstan produces 38% of the

    worlds uranium 22,451 metric

    tons in 2013, which is more than

    the next three top producers

    combined (Canada, Australia, and

    Niger). While Kazakhstan is

    decidedly rich in nuclear materials,

    it has distinguished itself as a firm

    proponent of nonproliferation and

    peaceful use of civilian nuclear

    power. India now has uranium

    contracts with Kazakhstan, Russia,

    Mongolia, Argentina, and Namibia.

    2) Global economy and financial

    markets, including India on 8 July

    2015 saw new reasons for worry as

    the market meltdown in China

    reached worrying levels. For the

    first time global markets were

    affected by continued decline in

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    China. What is the main reason for

    declining markets in China?

    Reduction in demand which has

    threatened a huge slowdown in

    Chinese economy

    Explanation: China has been

    witnessing a decline in demand for

    almost all commodities for several

    quarters. This has resulted in low

    production across sectors. Chinas

    stock market has lost over $3 trillion

    in value in less than a month,

    wiping close to 37% off the markets

    valuation from the peak of 12 June

    2015. The intensity of the loss can

    be judged from the fact that it is

    nearly twice the market

    capitalisation of all stocks traded in

    India and more than the Spanish,

    Russian, Italian, Swedish and

    Dutch stock markets combined.

    This decline was till now without a

    domino effect across the world,

    mainly due to absence of foreign

    institutional investors (FIIs) in

    China. However, as decline

    reaches new levels the global

    markets are now bracing for its

    impact. The worldwide markets for

    the first time were affected by

    Chinese decline on 8 July and

    global markets witnessed a huge

    decline. This was after Chinese

    markets tumbled again on 8 July as

    a range of government measures

    aimed at preventing a further

    decline in share prices had no

    impact. It is worth mentioning that

    the markets had, till now, fixed their

    attention towards Greek economy.

    But now it became clear that as

    market fall in China accelerates the

    economic slowdown, other

    countries that have not been

    affected by Chinas market fall will

    be hit. This is mainly due to the fact

    that China is the largest consumer

    of a number of goods and

    commodities in the world.

    3) In a first-of-its-kind initiative,

    Union Govt. on 8 July 2015

    appointed an executive from the

    private sector to head a public

    sector financial institution. This

    appointment was done for the post

    of Managing Director and CEO of

    National Housing Bank (NHB).

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    What is the name of the executive

    appointed to head NHB? Sriram

    Kalyanaraman

    Explanation: NHB is the regulator

    of Indias housing finance sector.

    Sriram Kalyanaraman became the

    first person from the private sector

    to head a public sector financial

    institution when he was appointed

    MD and CEO of NHB. His

    appointment is for five years from

    the date of taking over the charge.

    At present, Kalyanaraman is

    Director-Business Development,

    Equifax Credit Information Services.

    4) The Indian Renewable Energy

    Development Agency (IREDA) on 7

    July 2015 launched a new loan

    scheme for a segment of solar

    projects under which loans at the

    interest rate of 9.9 to 10.75% will be

    provided to the developers. This

    scheme was launched for which

    solar project segment?

    Rooftop Solar photovoltaic (PV)

    power projects

    Explanation: IREDA is the

    government company tasked to

    promote renewable energy in the

    country. It launched a new loan

    scheme in order to promote rooftop

    solar photovoltaic (PV) power

    projects in the country. The scheme

    will provide loans at the interest rate

    of 9.9 to 10.75% to the system

    aggregators and the developers.

    The scheme was launched by

    Union Minister of State for Power,

    Coal, New & Renewable Energy

    Piyush Goyal on 7 July 2015 during

    a workshop on Grid Connected

    Solar Rooftop. The government is

    now planning amendments to the

    Electricity Act, 2003, to introduce

    renewable generation obligation

    along with raising of renewable

    power obligation (RPO) in the tariff

    policy. On the other hand, the

    government is also trying to get $2

    billion from World Bank and Asian

    Development Bank (ADB) towards

    rooftop projects which can be

    passed on to the banks to enable

    them to finance the projects on soft

    rates of interest to the agencies.

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    5) Hyderabad-based Turbo Megha

    Airways on 7 July 2015 became the

    newest aviation company to receive

    flying licence from the Directorate

    General of Civil Aviation (DGCA),

    Indias aviation regulator. Turbo

    Megha Airways will soon operate a

    regional airline under which brand

    name? Trujet

    Explanation: Turbo Megha

    Airways, which is partially owned by

    actor-turned-politician Chiranjeevis

    son Ram Charan, would operate a

    regional airline under the brand

    name Trujet. It has become the

    fourth company to receive flying

    licence from the DGCA in the past

    two years. The new carrier has

    already acquired two 72-seater

    ATR-72 planes and would induct

    three more by January 2016.

    6) Who was appointed as the new

    Managing Director (MD) and Chief

    Financial Officer (CFO) of Sunil

    Bharti led-Bharti Enterprises?

    Rahul Bhatnagar

    Explanation: Rahul Bhatnagar

    takes over from Manoj Kohli, who

    has assumed the role of Executive

    Chairman, SBG Cleantech a JV

    between SoftBank, Bharti and

    Foxconn for renewable energy. In

    his new role, Rahul will build

    strategic business value proposition

    for Bhartis non-telecom

    businesses. His last assignment

    was with PepsiCo, where he

    worked for over 19 years in various

    senior-level positions across

    geographies.

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    July 10, 2015

    1) The 2-day 7th BRICS Summit,

    which concluded on 9 July 2015

    and featured five of the largest

    developing economies of the world,

    was held at which city of Russia?

    Ufa

    Explanation: The 7th edition of

    BRICS Summit was held on 8 and 9

    July 2015 at Ufa, the capital city of

    the Republic of Bashkortostan. It

    was the second BRICS Summit

    held in Russia after the first-ever

    summit held in Yekaterinburg held

    in 2009. The Summit comprised the

    heads of state of 5 BRICS countries

    Dilma Rousseff (Brazil), Vladimir

    Putin (Russia), Narendra Modi

    (India), Xi Jinping (China) and

    Jacob Juma (South Africa). The

    theme of the summit was BRICS

    Partnership a Powerful Factor of

    Global Development. The issues of

    common interest in respect of the

    international agenda as well as key

    priorities in respect of further

    strengthening and broadening intra-

    BRICS cooperation were the main

    agenda of the summit. The summit

    concluded with India confirming to

    host the 8th BRICS Summit in 2016.

    2) Who was named as the first

    Chairman of the soon to be opened

    Bandhan Bank, which announced

    its Board of Directors on 9 July

    2015? Ashok K. Lahiri

    Explanation: Ashok K. Lahiri, a

    former Chief Economic Advisor

    (CEA), was named as the first

    Chairman of Bandhan Bank.

    Chandra Sekhar Ghosh will be the

    MD and CEO of the bank. The

    other directors on board include B

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    Sambamurthy, former CMD of

    Corporation Bank; CM Dixit, Sr

    Partner at GD Apte & Co;

    Krishnamurthy Subramanian,

    Associate Prof. at Indian School of

    Business; Snehomoy Bhattacharya,

    former ED at Axis Bank; Pradip K.

    Saha, former CGM at SIDBI; Sisir

    Kr Chakrabarti, former Dy MD at

    Axis Bank; Bhaskar Sen, former

    CMD at UBI and PS Raji Gain,

    CGM NABARD. The bank will start

    its operations from 23 August 2015

    and will be inaugurated by the

    President of India, Pranab

    Mukherjee.

    3) What is the name of the unique

    initiative developed by the Ministry

    of Human Resource Development

    (HRD Ministry) with the objective to

    inculcate a spirit of inquiry,

    creativity and love for Science and

    Mathematics in school children,

    which was launched by the former

    President Dr. A.P.J Abdul Kalam on

    9 July 2015? Rashtriya

    Avishkar Abhiyan

    Explanation: Rashtriya Avishkar

    Abhiyan (RAA) primarily seeks to

    develop a natural sense of passion

    towards learning of Science and

    Maths in school students of the

    country. Under this initiative,

    government schools will be

    mentored by Institutes like IITs/

    IIMs/ IISERs and other Central

    Universities and reputed

    organisations through innovative

    programmes, student exchanges,

    demonstrations, student visits, etc

    to inculcate a spirit of inquiry

    amongst students towards the two

    subjects. This is the Phase I of

    RAA, while Phase II of RAA will be

    launched in January, 2016 for

    higher education under which

    model science labs will be

    established in all districts of the

    North Eastern States.

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    4) Union Government on 7 July

    2015 raised the minimum daily

    wage for workers by Rs. 23. This

    increase was done after a gap of 2

    years. What is the new minimum

    wage for workers after this

    increase? Rs. 160 per day

    Explanation: The decision to

    revise upwards the National Floor

    Level Minimum Wage (NFLMW)

    was taken in view of the increase in

    retail inflation for industrial workers.

    It has been revised from present

    level of Rs. 137 to Rs. 160 per day

    and became effective from 1 July

    1995. While reviewing the

    movement of Consumer Price Index

    (Industrial Workers) during April

    2014 to March 2015 over April 2012

    to March 2013, it was observed that

    the average CPI-IW has risen from

    215.17 to 250.83. The wage was

    last revised to Rs. 137 from Rs. 115

    per day effective 1 July 2013.

    5) The first officially acknowledged

    peace talks between the

    Government of Afghanistan and the

    Afghani Taliban were held on 7 July

    2015. The Govt. of Pakistan hosted

    this initiative in a step towards

    ending more than 13 years of

    bloody civil war in Afghanistan.

    These peace talks were held at

    which place in Pakistan? Murree

    (near Islamabad)

    Explanation: The peace initiative

    was held in the town of Murree, a

    hill resort on the outskirts of

    Islamabad. Officials from the US

    and China were observers in the

    talks, which sought to end more

    than 13 years of war in Afghanistan,

    in which the Taliban have been

    fighting the government. The talks

    ended with agreement to continue

    peace efforts after the Muslim holy

    month of Ramadan. In the past

    several months, there have been

    informal preliminary talks between

    Taliban representatives and Afghan

    figures, the talks held on 7 July

    were the first official meetings.

    6) The Prime Minister of the worlds

    fourth smallest nation, which is

    under direct threat by rising sea

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    levels due to climate change, during

    July 2015 appealed for help from

    European leaders to stop his

    country disappearing from the face

    of the Earth. Which country is this?

    Tuvalu

    Explanation: Tuvalu is a group of

    islands in the Pacific Ocean that is

    home to just around 10,000 people.

    It is the fourth smallest country in

    the world and is facing threat of its

    extinction from the world as it is no

    more than 4 meters above sea level

    at its highest level. On 7 July 2015

    Enele Spoaga, the Prime Minister

    of this country, made an emotional

    appeal to leaders of the European

    Union to reduce greenhouse gas

    emissions to keep global warming

    down to 1.5C, which scientists say

    is a safer limit than the current goal

    of 2C. The Prime Minister was in

    Europe to call for action ahead of

    the Climate Change Summit in

    Paris during December 2015.

    Tuvalu is one of several island

    chains in the Pacific which are

    vulnerable to rising sea levels. In

    2009, the president of Maldives, in

    Indian Ocean, staged an

    underwater meeting of his cabinet

    to high the threat countries like his

    face from climate change.

    7) In an important step, Union

    Government on 8 July 2015 allowed

    seven state-owned entities to raise

    Rs. 40,000 crore in the current

    fiscal through tax-free bonds. Which

    are the seven PSUs that have been

    given the permission? National

    Highways Authority of India

    (NHAI), Indian Railways Finance

    Corporation (IRFC), Housing and

    Urban Development Corporation

    (HUDCO), Indian Renewable

    Energy Development Agency

    (IREDA), NTPC, Power Finance

    Corporation (PFC) and Rural

    Electrification Corporation (REC)

    Explanation: The National

    Highways Authority of India has

    been given the permission to raise

    maximum amount of Rs. 24,000

    among the 7 PSU entities. IRFC

    has been allowed to raise Rs. 6,000

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    crore. HUDCO has been allowed to

    raise Rs.5,000 crore and IREDA

    Rs.2,000 crore. NTPC, PFC and

    REC can issue tax-free bonds of

    Rs.1,000 crore each. Retail

    investors, which include HUFs and

    NRIs investing on repatriation

    basis, can invest up to Rs.10 lakh in

    such bonds. Those investing higher

    amount would be classified as

    HNIs. The bonds will have a tenure

    of 10, 15 or 20 years and the

    interest rates is to be decided with

    reference to the rates of

    Government Securities.

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    July 11, 2015

    1) History was created on 10 July

    2015 when Indian space agency

    ISRO launched its heaviest

    commercial mission that carried five

    satellites on board PSLV-C28 from

    the spaceport of Sriharikota (AP).

    With the overall mass of five

    satellites is about 1,440kg, this

    launch became the heaviest

    commercial mission ever

    undertaken by ISRO. The 5

    satellites launched through this

    mission belonged to which country?

    Britain

    Explanation: This was the

    30th mission under Polar Satellite

    Launch Vehicle (PSLV) series

    which now has been a workhorse

    for ISRO and its commercial arm

    Antrix Corporation. The mission

    primarily launched three identical

    DMC3 optical earth observation

    satellites, built by Surrey Satellite

    Technology Limited (SSTL), United

    Kingdom. PSLV C28, in addition to

    the three DMC3 satellites, also

    carried two auxiliary satellites from

    UK, CBNT-1, a technology

    demonstrator earth observation

    micro satellite built by SSTL, and

    De-OrbitSail, a technology

    demonstrator nano satellite built by

    Surrey Space Centre. The five

    satellites are being launched as

    part of the arrangement entered

    into between DMC International

    Imaging (DMCii), a wholly owned

    subsidiary of SSTL, UK and Antrix

    Corporation Limited. These

    satellites can image any target on

    the Earths surface every day.

    Major application areas include

    surveying the resources on earth

    and its environment, managing

    urban infrastructure and monitoring

    disasters.

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    2) The Reserve Bank of India (RBI)

    on 9 July 2015 allowed mass transit

    system (MTS) operators like

    Mumbai Metro, Delhi Metro, Indian

    Railways, etc. to issue pre-paid

    cards to their customer. This is

    expected to provide a huge relief to

    the commuters who face problems

    while purchasing tickets. According

    to the related RBI guidelines, what

    is the maximum limit of these

    proposed prepaid instruments?

    Rs. 2,000

    Explanation: MTS operators will

    now be able to issue pre-paid cards

    to their customers. The customers

    can easily transfer money to these

    cards that can be swiped on

    machines instead of standing in

    long queues to purchase travel

    tickets. RBI guidelines also say that

    the balance in the prepaid

    instrument issued by the MTS

    should not exceed Rs 2,000 at any

    point of time. Also, MTS would not

    be allowed to refunds cash that is

    stocked in the pre-paid instruments

    (PPI). These PPIs will have a

    minimum validity of six months from

    the date of issue. The PPI-MTS will

    enhance commuter convenience

    and will also facilitate the migration

    to electronic payments in line with

    the countrys vision of moving to a

    less-cash society.

    3) India and the United States on 9

    July 2015 signed an agreement to

    implement Foreign Account Tax

    Compliance Act (FATCA) to enable

    and facilitate smoother exchange of

    tax-related information between the

    two countries and fight tax evasion.

    This agreement will become

    effective from which date? 1

    October 2015

    Explanation: The

    intergovernmental agreement (IGA)

    on FATCA was signed by Indian

    Revenue Secretary Shaktikanta

    Das and the US Ambassador to

    India Richard Verma on 9 July

    2015. The agreement is a mutual

    effort to combat tax evasion and it

    is expected to be mutually

    beneficial for both the countries.

    The agreement would detect,

    discourage offshore tax evasion. It

    will primarily facilitate smoother

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    exchange of tax-related information

    between the two countries. The

    current reporting period for this

    agreement is 1 October 2015 and

    would be applicable for cases

    pertaining to July-December 2014.

    If a financial institution does not

    comply with FATCA, it will have to

    pay 30% penalty tax on all its US

    revenues, including dividend,

    interest, fees and sales.

    4) What is the name of the online

    electronic signature service

    launched during July 2015 by

    eMudhra Limited which facilitates

    holder of an Aadhaar card to

    digitally sign a document within

    seconds? eSign

    Explanation: eMudhra Limited

    claimed that its eSign service is the

    first electronic sign service in the

    country. The service has been

    launched to coincide with the

    Digital India initiative of the Govt.

    of India, which was launched by

    Prime Minister Narendra Modi on 1

    July 2015. eSign service primarily

    facilitates an Aadhaar holder to

    digitally sign a document almost

    instantly through a secure

    encrypted facility. The signatures

    generated by eSign are legally valid

    and secure under the Information

    Technology Act, 2000. The firm

    which claims to be the first to start

    eSign services has also launched

    eMlocker, companys digital locker

    service. By using eMlocker along

    with eSign, one can store

    documents such as PAN cards,

    Aadhaar cards, electricity bills or

    any other documents electronically.

    5) Prince Saud al-Faisal of Saudi

    Arabia, who passed away on 9 July

    2015, was respected worldwide for

    his vision and his contribution in

    making Saudi Arabia a strong

    political power. He looked after

    which ministry for his country?

    Foreign Ministry

    Explanation: Prince Saud al-Faisal

    remained Saudi Arabias Foreign

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    Minister for 40 long years till April

    2015. He was the worlds longest

    serving Foreign Minister when he

    was replaced by Adel al-Jubeir, the

    then ambassador to Washington,

    on 29 April 2015. His tenure saw

    Israel invade Lebanon in 1978,

    1982 and 2006, the eruption of

    Palestinian intifadas in 1987 and

    2000, Iraqs invasions of Iran in

    1980 and Kuwait in 1990, and the

    occupation of Iraq by a US-led

    coalition in 2003. He was also part

    of Saudi Arabias efforts to lessen

    Irans influence in the region,

    including the continuing conflict in

    Syria, where Saudi Arabia has been

    supporting several rebel groups.

    July 12, 2015

    1) Sania Mirza of India created

    history on 11 July 2015 when she

    won the Wimbledon womens

    doubles title with her Swiss partner

    Martina Hingis. What history was

    made by Sania in this title win?

    She became the first female

    player from the country to win a

    womens doubles Grand Slam

    trophy

    Explanation: More than a decade

    after turning professional, 28-year-

    old Sania laid hands on her first

    womens doubles major title when

    she and Hingis battled past second

    seed Russian team of Ekaterina

    Makarova and Elena Vesnina 5-7,

    7-6(4), 7-5 in a thrilling final. This

    was Sanias first womens doubles

    title in a Grand Slam tournament.

    Sania had come close to winning a

    womens doubles Major in 2011

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    when she reached the French Open

    final with Elena Vesnina but ended

    up runners-up.

    2) Serena Williams (US) won her

    sixth Wimbledon womens singles

    title on 11 July 2015. This was her

    fourth Grand Slam championship in

    a row and 21stGrand Slam title

    overall. Whom she defeated in this

    final, who had made into her first

    Grand Slam final appearance?

    Garbine Muguruza (Spain)

    Explanation: This was the first-

    ever Grand Slam final appearance

    for Garbine Muguruza, who had just

    one WTA title to her name. She

    gave a tough fight to Serena

    Williams in the finals before losing

    the fight by 6-4, 6-4. The win means

    Williams holds all four Grand Slam

    titles at once completing the second

    Serena Slam of her career.

    Whats more, she secured the third

    leg of a calendar year Grand Slam

    and, if she wins the U.S. Open, will

    become the first player to sweep all

    four majors in the same season

    since Steffi Graf in 1988. At 33,

    Williams is also the oldest women

    to win a Grand Slam title in the

    Open era.

    3) The debris of the Indian Coast

    Guards Dornier aircraft that went

    missing off the Tamil Nadu coast on

    8 June 2015 were located on 10

    July 2015, some 1,000 metres

    under the sea. The search of the

    aircraft became possible after first-

    of-its-kind of search operation

    carried out in India at such depths.

    What was the name given to this

    search operation? Operation

    Talash

    Explanation: The Dornier aircraft

    CG-791, belonging to the Indian

    Coast Guard, was deployed for

    surveillance along the Tamil Nadu

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    coast and Palk Bay from the Coast

    Guard Air Station, Chennai. The

    last contact with the aircraft was at

    about 9 pm on 8 June 2015 and the

    Trichy radar tracked the aircraft

    until 10.23 pm at 95 nautical miles

    south of Chennai. Operation

    Talash was started after the

    aircraft was not traced for days on

    ATC leads. It included 693 hours of

    surface effort and 196 hours of air

    effort to pull off the first ever

    salvage at such depths. It involved

    Indian Naval Submarine

    Sindhudhavaj, seven more naval

    vessels and aircrafts. INS

    Sindhudhavaj, whilst on task for

    locating the missing aircraft, picked

    up a barrage of transmissions at a

    depth of 996 metres on 6 July. This

    finally led to the discovery of the

    Dornier aircraft on 10 July. Three

    Coast Guard officers perished in

    this fatal accident Pilot S Vidhya

    Sagar, Co-pilot Subash Suresh and

    Observer M K Soni.

    4) What is the name of the

    indigeniously-developed supersonic

    surface-to-air missile that was

    formally inducted in the Indian Air

    Force (IAF) by Defence Minister

    Manohar Parrikar on 10 July 2015?

    Akash

    Explanation: Akash is a potent

    supersonic mobile multi-directional,

    multi-target point, area air defence

    system that can simultaneously

    engage multiple air targets using

    sophisticated multi-function phased

    array radars. It is the outcome of

    successful partnership between

    DRDL, the nodal lab in DRDO,

    along with 13 other DRDO labs, 19

    public sector units, 5 ordinance

    factories, 3 national laboratories, 6

    academic institutions and more

    than 265 private industries across

    the country. IAF has given an initial

    contract for eight squadrons of

    Akash defence system. Each

    squadron has two firing units with

    four launchers. Each launcher has

    a capacity to fire three missiles in

    quick succession. Akash has

    already been deployed by IAF at its

    bases in Gwalior, Hashimara,

    Tejpur, Jorhat and Pune. The

    deployment had started in 2013.

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    The missile system can target

    aircraft upto 30 km away, at

    altitudes upto 18,000 metres. It has

    the capability to neutralise aerial

    targets like fighter jets, cruise

    missiles and air-to-surface missiles.

    5) India and Pakistan were given

    membership of which international

    organisation on 10 July 2015, which

    is often seen by Russia as a

    counterweight to Western

    alliances? Shanghai Cooperation

    Organisation (SCO)

    Explanation: The membership of

    SCO to India and Pakistan was

    extended during the 15th Summit

    meet of the organisation held on 9-

    10 July 2015 at Ufa (Russia).

    Shanghai Cooperation Organisation

    is political, economic and military

    organisation that was founded in

    2001 by 6 countries in Shanghai

    China, Russia, Kazakhstan,

    Uzbekistan, Tajikistan and

    Kyrgyzstan. SCO had evolved from

    the organisation called Shanghai

    Five that was founded in 1996 and

    included all the above founding

    members except Uzbekistan.

    Uzbekistan was included in the

    organisation in 2001. With inclusion

    of India and Pakistan in SCO, its

    total membership reached 8. The

    SCO membership for India is

    expected to offer greater access to

    the energy resources of Central

    Asia. India and Pakistan were till

    now acting as observer states for

    SCO.

    6) The first-ever star-studded

    auction of Indian football players

    was done on 10 July 2015 as part

    of the Indian Super League (ISL)

    Players Auction. Indian captain

    Sunil Chhetri bagged the highest

    bid, at Rs. 1.20 crore at the

    auctions. He was bought by which

    ISL franchisee team? Mumbai

    City FC

    Explanation: Eugeneson Lyngdoh,

    the 28-year-old midfielder, came a

    close second by breaking through

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    the 1-crore ceiling, winning a bid

    price of Rs. 1.05 crore from FC

    Pune City. Indian right back Rino

    Anto bagged a surprise bid price of

    Rs. 90 lakh when he was picked up

    by Atletico de Kolkata. The second

    season of ISL kicks off on 3

    October 2015 with its opening

    match to be played between

    Chennaiyin FC and Atletico de

    Kolkata, winner of the first season

    of the ISL, at the Jawaharlal Nehru

    Stadium in Chennai.

    7) Actor Omar Sharif, best known

    for his portrayal of Doctor Zhivago

    in the hit 1966 film by the same

    name and for his work in Lawrence

    of Arabia, passed away on 10 July

    2015. He was probably the most

    famous actor from the Arabic world

    to have found huge fame in

    Hollywood. He belonged to which

    country? Egypt

    Explanation: Omar Sharif was

    born as Michel Shalhoub in 1932 to

    a wealthy family in Alexandria,

    Egypt. He gradually carved a big

    name for himself in Egyptian films

    and was picked by director David

    Lean to play Sherif Ali in the epic

    Lawrence of Arabia alongside

    OToole, Alec Guinness and

    Anthony Quinn. He won an Oscar-

    nomination for best supporting actor

    for his role in this film. He later

    became a huge star in his own right

    for his portrayal of the title character

    in the film based on Boris

    Pasternaks novel Doctor Zhivago.

    He was 83.

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    July 13, 2015

    1) Who became the sixth Indian to

    win a Grand Slam junior title after

    winning the boys doubles trophy at

    the Wimbledon championships on

    12 July 2015? Sunil Nagal

    Explanation: 17-year-old Nagal

    and his eighth seed Vietnamese

    partner Nam Hoang Ly overcame

    the fourth seeds Reilly Opelka and

    Akira Santillan 7-6(4), 6-4 in the title

    clash that lasted 63 minutes to

    make their place in history books.

    Yuki Bhambri was the last Indian to

    taste success at the top level in

    junior tennis when he won the

    Australian Open boys singles title in

    2009. Ramanathan Krishnan

    (Wimbledon, 1954), Ramesh

    Krishnan (French Open and

    Wimbledon, 1979) and Leander

    Paes (Wimbledon 1990, U.S. Open

    1991) are the other junior Grand

    Slam singles champions from

    India. Sania Mirza had won the

    Wimbledon girls doubles title in

    2003 with Russian partner Alisa

    Kleybanova.

    2) Novak Djokovic defeated Roger

    Federer by 7-6, 6-7, 6-4, 6-3 in the

    mens singles final of Wimbledon

    2015 on 12 July 2015 to bring to a

    disappointing end Federers bid to

    become the oldest champion of the

    Open Era at the championships.

    With this win Djokovic has won how

    many singles titles at Wimbledon?

    Three

    Explanation: World No. 1 Novak

    Djokovic (Serbia) has now won

    three Wimbledon singles title

    2011, 2014 and 2015. With this win,

    Djokovic was able to reinforce his

    status as the dominant player in the

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    game. The only Grand Slam to

    elude him is the French Open. On

    the other hand, Roger Federer

    (Switzerland) will have to return

    next year to try and become the first

    man to win eight Wimbledon singles

    titles, a task for which time is fast

    running out. If he had won this final,

    this would have been his 18th Grand

    Slam title and 8th Wimbledon singles

    title, both new records in history of

    mens tennis.

    3) Indian tennis veteran Leander

    Paes won the mixed doubles event

    of the Wimbledon Championship

    with legendary Martina Hingis on 12

    July 2015. This was Paes

    .Grand Slam title 16th

    Explanation: Seventh seed Indo-

    Swiss pair of Paes and Hingis

    drubbed the fifth seed Austrian-

    Hungarian team of Alexander Peya

    and Timea Babos by 6-1 6-1 in the

    lop-sided summit clash which was

    over in just 40 minutes. It was Paes

    eighth mixed doubles title and

    second with Hingis. They had won

    the Australian Open early this year.

    Paes has now won 16 Grand Slam

    titles in his illustrious career which

    includes eight mens doubles

    crowns and similar number of

    mixed doubles titles. For Martina

    Hingis (Switzerland), it was second

    title in as many days, having won

    the womens doubles with Sania.

    Overall it was 18th major title for her

    and third in mixed doubles.

    4) Which state during July 2015

    became the first state in the country

    to initiate state-wide birth defect

    surveillance in collaboration with

    the World Health Organisation

    (WHO) and Centre for Disease

    Control (CDC)? Haryana

    Explanation: The birth defect

    surveillance programme aims at

    collecting uniform data and is the

    first step in figuring out a primary

    prevention for congenital birth

    defects. The Govt. of Haryana has

    also plans to establish hospital-

    based surveillance system to

    capture severe congenital

    anomalies. It is worth mentioning

    that that there were 1.7 million

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    children born in India with

    congenital birth defect (CBD) and it

    accounted for 6% of total births.

    5) The foundation stone for an

    international Internet gateway was

    laid by Union Communication and

    IT Minister Ravi Shankar Prasad at

    Tripuras capital Agartala on 11 July

    2015. This Internet gateway is

    being established in an effort to

    create a hassle-free and potent

    Internet link for the northeastern

    states through Coxs Bazar in

    Bangladesh. The Agartala Internet

    Gateway would become

    . international Internet

    gateway in India Third

    Explanation: The Internet gateway

    being established at Agartala will

    become the third international

    Internet gateway in India after

    Mumbai and Chennai. This gateway

    will comprise of the optical fibre

    cable (OFC) link between Akhaura

    (near Agartala) and Coxs Bazar

    (Bangladesh) and is expected to

    bring about a big change not only in

    the Internet and telecommunication

    connectivity in northeast India, but

    the other parts of the country by

    getting additional Internet

    bandwidth. Akhaura is the second

    largest trading point and check post

    between India and Bangladesh

    after Petrapole-Benapole trade

    centre and check post along West

    Bengal.

    6) The passenger bookings for the

    Indian Railway declined by how

    much during the month of June

    2015 as compared to the

    corresponding month of last year,

    thus raising worries for the Rail

    Ministry? 8%

    Explanation: According to the

    latest data released by the Ministry

    of Railway on 12 July 2015, the

    Railways has witnessed a negative

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    growth of over 8% in the passenger

    segment for June 2015 as

    compared to the corresponding

    period last year. A total of 2235.69

    million passengers travelled by

    trains in June 2014 which came

    down to 2042.04 million in June this

    year, a decline of 8.66%. The slide

    is more on the suburban section as

    1076.41 million passengers

    travelled by trains in June this year

    against 1222.68 million during the

    corresponding period last year, a

    decrease of 11.96%. According to

    Rail Budget 2015-16, Indian

    Railways earning from passenger

    traffic was estimated to rise by

    16.7% to Rs. 50,175 crore for the