1. finance
2. bank

 GKCAPSULEFORSBICLERK2014EXAM
ThisGKCapsulehasbeenpreparedbyCareerPowerInstituteDelhi(FormerlyKnownasBankPower).This
documentconsistsofallimportantnewsandeventsoflastfewmonthswhichcancomeinSBIClerkExam.
CurrentRBIPolicy&ReserveRates:
RepoRate
8%(Unchanged)
Reverse
7%(Unchanged)
Repo
CRR
4%(Unchanged)
SLR
22.5%(Changed)
MSF
9%(Unchanged)
BankRate
9%(Unchanged)
Note:Ason3June2014,RBI(ReserveBankofIndia)initsSecondbimonthlymonetarypolicystatementkeptthekeypolicy
rate(repo)unchanged.SLRwascutby50basispointfrom23%to22.5%.
NewsrelatedtoRBI:
1. RBIpermitsNBFCstoworkasBusinessCorrespondentsofbanks:Withaviewtoachievefinancialinclusion,the
ReserveBankofIndiahasallowedNon‐BankingFinanceCompaniestooperateasBusinessCorrespondents(BCs)of
banks,permittingthemtoofferlimitedservices.Bankswillbeallowedtoworkwithnon‐deposittakingNBFCsasBCs.
Note:TheRBItookintoaccountrecommendationsofNachiketMorCommitteewhilereviewingtheexistingguidelines
ontheappointmentofBCs.
2. RBItoconsideroverPaymentbankasrecommendedbyNachiketMorPanel
i.TheReserveBankofIndiawillsooncomeupwithIndia’sfirstpaymentsbank,whichwillofferdepositandpayment
servicesbutnotprovideloans.
ii.ThisideaisinlinewiththerecommendationsmadebytheNachiketMorcommittee.Thecentralbankseeshuge
potentialforfinancialinclusionwithfocusonremittancesbyinvolvingpaymentsystemproduct.
3. ProvideinformationtoSITonblackmoney:RBIdirectsbanksandFIs
i.TheRBIhasaskedallBanksandFinancialInstitutions(FIs)toprovideinformationanddocumentssoughtbytheSpecial
InvestigationTeam(SIT)setuptouncoverblackmoney.
ii.ThenewGovernmentatCentrerecentlyconstitutedanSITunderthechairmanshipofformerJusticeM.B.Shahin
pursuanceofaJuly2011SupremeCourtjudgment.
4. RBIsimplifiesKYCnormsforopeningbankaccount:Customersneedtosubmitonlyonedocumentaryproofofaddress
—eithercurrentorpermanent—whileopeningabankaccountorwhileundergoingperiodicupdation,theReserveBank
ofIndia.“Incasetheaddressmentionedasper‘proofofaddress’undergoesachange,freshproofofaddressmaybe
submittedtothebranchwithinsixmonths,”theRBIsaidinanotificationtobanks.
Noproofisrequiredtobesubmittedforsuchaddressforcorrespondence/localaddress,”theRBIadded.
However,thisaddressmaybeverifiedbythebankthrough‘positiveconfirmation’suchasacknowledgmentofreceiptof
letter,chequebooks,ATMcards;telephonicconversation;andvisits.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 1 5. AustraliaandNewZealandBankingGroup(ANZ)has
receivedin‐principleapprovalfromtheReserveBanktoopen
twonewbranches.ThenewbrancheswillcomeupGurgaon,
NCR,andouterBangalore.
6. RBIdirectiveonforeigncurrencyaccounts:TheReserveBankof
Indiahasdirectedbanksto:convertcreditbalancesinany
inoperativeforeigncurrency(FC)denominateddepositinto
Indianrupeeiftheformerremainsnotinuseforthreeyears
fromthedateofmaturityofdeposit.
7. RBIeasesgoldimportnorms;nodforselecttradinghousesto
procurefromabroad:Underthisscheme,animporterhasto
ensurethatatleast20percentofeverylotofimportedgold
isexclusivelymadeavailableforexportpurpose.
8. RBInodforbankloantenureupto10yearstoboostexport
industry.Inamajorboostfortheexportindustry,theRBIhas
allowedbankstoprovideloanswithtenuresofupto10
years.Theseloanswillhelpexportersinensuringcapitalflows
tofulfilllong‐termcontracts.Existingnormsallowbankstogive
loansforuptooneyearonly.
9. TheReserveBankofIndiasaidbanksshouldmakeallnew
ATMsinstalledfromJuly1,2014as“talkingATMs”with
Braillekeypads.
10. RaghuramRajan,theGovernoroftheReserveBankofIndia
(RBI)announcedthatplasticcurrencynoteswillbelaunchedin
2015afterfieldtrials.
11. RBIpanelheadedbyex‐ChairmanofAxisBank,P.J.Nayak
recommendfordilutinggovtstakeinpublicsectorbanksto
below50%.Thegovernmentshouldcutitsholdinginpublic
sectorbankstounder50percent,aReserveBankofIndia
(RBI)panelreportonTuesdaysaid,criticisingthewayinwhichthelendersarenowbeinggoverned.
12. ReserveBankofIndiagrantedbankinglicencestoinfrastructurefinancingfirmIDFCandmicrofinanceinstitution
Bandhanfromamong25applicantsthatincludedcorporateheavyweightsADAGGroup,AdityaBirlaGroupandBajaj
Group.
Note:Thein‐principleapprovalgranted(tothetwoentities)willbevalidforaperiodof18monthsduringwhichthe
applicantshavetocomplywiththerequirementsundertheguidelinesandfulfiltheotherconditionsasmaybestipulated
bytheRBI.
ChandraShekharGhosh:CMDofBandhanfinancialservices
Dr.RajivB.Lall:ChairmanofIDFC–InfrastructureFinanceCompany.
13. ReserveBankofIndia(RBI)issuedtheguidelinestoallowtheminorsofageabove10yearstoindependentlyopenand
operatesavingsbankaccountsanduseotherfacilitieslikeATMandchequebooks.
14. RBIextendedthetimelineforfullimplementationofBaselIIInorms31March2019insteadof31March2018.
15. RBIinconsultationwithUnionGovernmenton1April2014cappedtheWaysandMeansAdvances(WMA)limitsforthe
firsthalfofthenewfinancialyear2014‐15(April2014‐Sep2014)at35000crorerupees.
Note:TheinterestrateonWMA/overdraftwillbebasedon:a)WMA:RepoRate.b)Overdraft:Twopercentabove
theRepoRate
16. RBIextendsdateofexchangingpre‐2005notestoJan1,2015
Note:TheReserveBankhasfurtherclarifiedthatthepubliccancontinuetofreelyusethesenotesforanytransaction.RBI
hassaidthatpeoplecanunhesitatinglyreceivethesenotesinpayment,asallsuchnotescontinuetoremainlegaltender.
17. ReserveBankofIndia(RBI)hikedthetraderelatedremittancelimitfrom2lakhrupeesto5lakhrupeespertransaction
withimmediateeffect.Italsoincreasedthenumberoftransactionhandledbyexchangehouses.
18. KCChakrabarty,DeputyGovernor,ReserveBankofIndia,hasquitthreemonthsaheadofcompletionofhisterm.
19. RBIpegged2014‐15GDPgrowthatacentralestimateof5.5percent.
20. Economicgrowthfor2014‐15expectedat5.5pc.
21. CADexpectedtocomedownto2pcofGDPin2014‐15.
22. Retailinflationexpectedtobeunder6pcin2014.
23. RBIpanelheadedbyRBIDeputyGovernorAnandSinhahasrecommendedbringingabenchmarkfloatinginterestrate,
especiallyforhomeloans.PanelalsosuggestedIndianBanksBaseRate(IBBR).
24. ThedeadlineforswitchingtonewformatbankchequesundertheChequeTruncationSystem(CTS)endedon30April
2014.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 2 25. RBIscraps26%caponinterestrateforMFIs:(RBI)removed26percentcapontheinterestratethatcanbechargedbya
microfinancecompanytoitsborrowers.MFIisallowedtochargeinterestrateequalto2.75timestheaverageofthebase
ratesofthetopfivecommercialbanks.
26. RBIpermits4non‐bankentitiestosetupwhitelabelATMs:
TheReserveBankhasissued‘certificateofauthorisation’to
fournon‐bankentities:
(1)TataCommunicationsPaymentSolutions
(2)MuthootFinance,
(3)PrizmPaymentServicesand
(4)VakrangeeLtd.,tosetupWhiteLabelATMs(WLAs)inthecountry.
Note:MostoftheATMsbelongtobanks,butthecashdispensingmachineswhichareownedandoperatedbynon‐banking
companiesarecalledWhiteLabelATMs.
27. RBIpermitsSreitorolloutwhitelabelATMs:SreiInfrastructureFinanceisplanningtostartroll‐outofitswhilelabel
ATMs(WLAs)betweenJulyandSeptemberstartingwithapilotof200Tier‐IIItownsinUttarPradeshandBihar.
28. TheexpertcommitteeheadedbyUrjitR.Patel,DeputyGovernoroftheReserveBankofIndiaexaminethecurrent
monetarypolicyframeworkoftheReserveBankofIndia(RBI)hassuggestedthattheapexbankshouldadoptthenewCPI
(consumerpriceindex)asthemeasureofthenominalanchorforpolicycommunication.Thenominalanchororthetarget
forinflationshouldbesetat4percentwithabandof+/‐2percentaroundit.
29. Ex‐ChairmanofAxisBank,P.J.Nayakistheheadoftheexpertpaneltoreviewbankboards’governance.Thepanel
willreviewtheRBI'sregulatoryguidelinesonownershipofbanksandrepresentationintheirboards,amongotherthings.
30. TheReserveBankofIndiahasraisedtheForeignInstitutionalInvestors,FIIsinvestmentlimitinthePowerGrid
Corporationto30percentofitspaidupcapital,underthePortfolioInvestmentScheme.
31. TheReserveBankofIndia(RBI)hasdoubledthesub‐limitforforeigninvestmentingovernmentsecurities,toUSD10
billionbylong‐terminvestors.RBI'smoveisaimedtoattractmoreforeignfunds.Investorslikesovereignwealthfunds
(SWFs),multilateralagencies,insurancefunds,pensionfundsandforeigncentralbanksareconsideredaslongterm
investors.
32. RBIrelaxesgoldloannorms:TheReserveBankofIndiahasallowedNon‐BankingFinancialCompanies,NBFCstolend
upto75percentofthevalueofgold.Itwas60percentearlier.
33. RBIpanel(headedbybankerNachiketMor)hassuggestedsettingupofspecialisedbankstocatertolowincome
householdstoensurethatallcitizenshavebankaccountsby2016.
34. TheRBI‐appointedcommitteeonfinancialinclusionhasrecommendedthatthecentralbankshouldsetupspecialised
bankscalledPaymentsBanktoprovidepaymentservicesanddepositproductstosmallbusinessesandlow‐income
households.Thecommittee,headedbyNachiketMor,saidthatsincethenewbankwillbedealingwithpoorcustomers,
suchabankmustbeallowedtoacceptamaximumdepositofnotmorethanRs50,000.
35. TheReserveBankofIndia(RBI)hadsetupapanelunderexecutivedirectorDeepakMohantytoreviewthecurrent
systemofdatacollection,disseminationanddatamanagementprocessesinthecentralbankandimprovetheexisting
mechanism.
HighlightsofUnionBudget2014:
1. Fiscaldeficittargetfor2014‐15at4.1%ofGDPand3.6for2015‐16and3%for2016‐17
2. RevenueDeficitseenat2.9%forFY15
3. Aimtoachieve7‐8percenteconomicgrowthrateinnext3‐4years:FM
4. Committedforgrowthofagricultureattherateof4percent.
5. DefenceFDIcapraisedto49%from26%atpresent
6. ExemptionlimitsonincometaxfromRs.2lakhtoRs.2.5lakh.
7. Forseniorcitizens,theexemptiononincomehasbeenraisedtoRs.3lakhperannum.
8. Tax‐freecaponhomeloaninterestfromRs.1.5toRs.2lakh.
9. NochangeinIncometaxratesandslab.
10. AnnualPPFceilingtobeenhancedtoRs1.5lakh,fromRs1lakh
11. WomenSafety:
i.OutlayofRs.50croresforapilotschemeonroadsafety
ii.Another150crorestobespentbyMHAonsafetyonwomeninlargercities
iii.'BetiBachao,BetiPadhaoYojana'‐100crores
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 3 12. Rs3600crsetasideforNationalRuralDrinkingWater:FM
13. Ruralhousing:Rs8000crorefornationalhousingbankingprogramme
14. MetrorailsinPPPmode;Rs.100crsetasideformetroschemeinAhmadabadandLucknow
15. EachyeargovernmentwillbeaddingAIIMStoensurethereisanAIIMSineverystate:Jaitley
16. Rs100crorestosetupvirtualclassrooms.
17. Rs500croresforsettingup5moreIIMsandIITs
18. FMProposestoenhancethescopeofincometaxsettlementcommission
19. Rs7,060croreallocatedforbuildingnewcities
20. Rs200crorescreditschemeforstart‐upsbythosefromscheduledcastesandtribes
21. 15Braillepresstocomeup.
22. CurrencynotewithBraille‐likesigns
23. MinimumpensionofRs.1000permonthtoallPPschemes.
24. Rs50,548crproposedforSCdevelopment
25. BharatSwachYojnaproposedforhygieneandcleanliness.
26. Rs.200croreforStatueofUnity,astatueofSardarPatelin
Gujarat.
27. Rs.1000crforirrigationplannamedPradhanmantrikrishi
sichayinyojana.
28. e‐visaforninecities.
29. Rs.7060crforcreatingsmartcities.
30. AssamandJharkhandtogetCentreofExcellenceonfarming
31. Rs.100croresformodernizationofMadrasas
32. JaitleyannouncesSkillIndia,aprogrammetotrainyouthforjobs
33. Ruralhousing:Rs8000croresfornationalhousingbankingprogramme
34. SeniorCitizensPensionPlanExtendedTillAugust2015
35. Rs.500croreforpricestabilizationfund.
36. 100soiltestinglaboratoriesacrossthecountry.
37. AgricultureUniversityinAPandRajasthan,andHorticultureUniversityinHaryana,Telangana;Rs.200crsetaside
38. AnAIIMSwillbecreatedineverystate.
39. AllsixnewAIIMSarefunctional.FourmoreAIIMSunderconsideration.12moremedicalcollegeswillbeadded.Rs.500
croreallocatedforthis.
40. GovtallocatesRs500crforInternetconnectivityinvillages
41. CrisisManagementCenterforwomenatDelhi
42. StartupvillageatRs100croretopromoteentrepreneurshipamongruralyouth.
43. Rs.14,389croresforPMSadakYojana
44. Rs200croreallocatedtosetupsixtextilesclusters
HighlightsofEconomicSurveyReport2013‐14
TheEconomicSurveyfor2013‐14tabledinParliamentbyFinanceMinisterArunJaitley‐preparedbysenioreconomic
advisorIlaPatnaik‐onthestateofAsia'sthird‐largesteconomyadaybeforeModi'snewgovernmentpresentsitsfirstbudget.
Followingarehighlightsofthereport:
 Growth:GDPgrowthseenat5.4‐5.9percentin2014/15
ii.Economicgrowthof7‐8percentnotseenbefore2016/17
 FiscalHealth:Fiscaldeficitfor2013‐14containedat4.5%oftheGDP
 CurrentAccountDeficit:2014/15currentaccountdeficitmaybecontainedtoaround$45billionorto2.1percentof
GDP
 Taxation:DirectTaxesCode(DTC)requiredtoreplaceexistingincometaxlaws;willreducecompliancecostsandboost
taxcollection
 Agriculture:i.Indiaranksfirstintheworldinproductivityofgrapes,banana,cassava,peas,andpapaya
ii.Agriculturesectorgrowthrate4.7%intheyear2013‐14
iii.Agricultureexportsgrowby5.1%intheyear2013‐14
iv.Exportsofmarineproductsshowagrowthrateof45%intheyear2013‐14
 Services:i.Indiaranked12thintermsofservicesGDPamongtheworld’stop15countries.
ii.IndiahasthesecondfastestgrowingservicessectorwithitsCAGRat9.0percent,justbelowChina.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 4 iiiThegrowthrateofthecombinedcategoryoftrade,hotels,restaurants,transport,storage,andcommunications
deceleratedto3.0percent
iv.Financing,insurance,realestate,andbusinessservicesgrewrobustlyat12.9percent
v.Servicesconstitutea57percentshareinGDPatfactorcostin2013‐14
HighlightsofRailwayBudget2014‐15:
KeyPoints:
 BullettrainonMumbai‐AhmadabadSector
 Diamondquadrilateralforhighspeedtrains.
 Plantohikespeedoftrainsto160‐200km/hrin9sectors.
 Onlinebookingtosupport7,200tickets/minute;toallow1.2lakhusersloginsimultaneously.
 WomenRPFConstablestoescortladiescoaches;4,000womenconstablestobeinducted.
 Batteryoperatedcarsfordifferently‐abledandseniorcitizensatmajorstations.
 FoodcanbeorderedthroughSMS,phone;Foodcourtsatmajorstations.
 Cleanlinessbudgetupby40percentoverlastyear.
 Settingupofcorpusfundforstations'upkeep;ROdrinkingwateratstationsandtrains.
 Automaticdoorclosinginmainlineandsub‐urbancoaches.
 Wi‐FiinA‐1,Acategorystationsandinselecttrains.
 Lossperpassengerperkilometreupfrom10p(in2000‐01)to23p(2012‐13).
 Solarenergytobetappedatmajorstations.
 HighesteverplanoutlayofRs65,455crorefor2014‐15.
 Expenditurein2014‐15peggedatRs149,176crore.
FDILimits…
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
ListofLimitsinVariousSectors(In%)
Defence
Raisedto49%from
26%
Pension
49
Insurance
49
PrintMedia
26
CivilAviation
49
PublicSec.Banks
20
PrivateSec.Banks
74
MultiBrand
51
SingleBrand
100
Tourism
100
IndiaGDPForecast:




RBIpegged2014‐15GDPgrowthatacentralestimateof5.5%
WorldBanklowersIndia’sGDPgrowthforecastfor2014‐15at5.5%fromtheearlierforecastof5.7percent.
ADBpegsIndiaGDPgrowthratefor2014‐15at5.5%
IMFprojectedGDPgrowthforIndiain2014‐15at‐5.4%
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 5 IndiarankingindifferentIndexesfor2013‐14:
1. GlobalEnvironmentPerformanceIndex2014–155
2. Intellectualproperty(IP)environment2014–25(USrankedonthetopfollowedbyUKandFrance)
3. WorldPressFreedomIndex2014‐140inthelistof180countries
4. World'sbestcountriesfordoingbusiness2014–134
5. GlobalPeaceIndex2014–143
6. GlobalHungerIndex2013‐63
7. WorldProsperityIndex2013–106.
8. HumanDevelopmentReport2013–136
9. GlobalCorruptionIndex2013–94
10. GlobalCompetitivenessIndex2013‐60for2013(Switzerlandtopinthisreport)
ImportantPoints:
1.AboutIFSC(IndianFinancialSystemCode):
IndianFinancialSystemCodeisanalpha‐numericcodethatuniquelyidentifiesabank‐branchparticipatingintheNEFT
system.
ii.Thisisan11digitcodewiththefirst4alphacharactersrepresentingthebank,The5thcharacteris0(zero).andthelast6
charactersrepresentingthebankbranch.
iii.IFSCisusedbytheNEFTsystemtoidentifytheoriginating/destinationbanks/branchesandalsotoroutethemessages
appropriatelytotheconcernedbanks/branches.
Forex:SBIN0015986:
i.First4characterSBIN–referstoStateBankofIndia.
ii.0isacontrolnumber.
iii.lastsixcharacters(015986)representstheSBIbranchJailRoad,HariNagarNewDelhi.
2.AboutMICR:MICRstandsforMagneticInkCharacterRecognition.MICRCodeisa9numericdigitcodewhichuniquely
identifiesabankbranchparticipatingintheECSCreditscheme.MICRcodeconsistsof9digitse.g400229128
i.First3digitsrepresentthecity(400)
ii.Next3digitsrepresentthebank(229)
iii.Last3digitsrepresentthebranch(128)
TheMICRCodeallottedtoabankbranchisprintedontheMICRbandofchequeleavesissuedbybankbranches.
3.AboutChequeTruncation:
i.Truncationistheprocessofstoppingtheflowofthephysicalchequeissuedbyadraweratsomepointwiththepresenting
banken‐routetothedraweebankbranch.
ii.Initsplaceanelectronicimageofthechequeistransmittedtothedraweebranchbytheclearinghouse,alongwithrelevant
informationlikedataontheMICRband,dateofpresentation,presentingbank,etc.
iii.ChequeTruncationspeedsuptheprocessofcollectionofchequesresultinginbetterservicetocustomers,reducesthe
scopeforclearing‐relatedfraudsorlossofinstrumentsintransit,lowersthecostofcollectionofcheques,andremoves
reconciliation‐relatedandlogistics‐relatedproblems,thusbenefittingthesystemasawhole.
4.Bancassurance:Thesaleofinsuranceandothersimilarproductsthroughabank.Thiscanhelptheconsumerinsome
situations;forexample,whenabankrequireslifeinsuranceforthosereceivingamortgageloantheconsumer
couldpurchasetheinsurancedirectlyfromthebank.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 6 5.AboutBankingOmbudsmanScheme2006:
 TheBankingOmbudsmanSchemeenablesanexpeditiousand
inexpensiveforumtobankcustomersforresolutionof
complaintsrelatingtocertainservicesrenderedbybanks.
 TheBankingOmbudsmanisaseniorofficialappointedbythe
ReserveBankofIndiatoredresscustomercomplaintsagainst
deficiencyincertainbankingservices.
 AllScheduledCommercialBanks,RegionalRuralBanksand
ScheduledPrimaryCo‐operativeBanksarecoveredunderthe
Scheme.
OtherImportantPoints:
 Thecomplainantcanbefiledbyone’sauthorizedrepresentative
(otherthananadvocate).
 TheBankingOmbudsmandoesnotchargeanyfeeforfiling
andresolvingcustomers’complaints.
 Theamount,ifany,tobepaidbythebanktothecomplainantby
wayofcompensationforanylosssufferedbythecomplainantis
limitedtotheamountarisingdirectlyoutoftheactoromission
ofthebankorRs10lakhs,whicheverislower.
 TheBankingOmbudsmanmayawardcompensationnot
exceedingRs1lakhtothecomplainantonlyinthecaseof
complaintsrelatingtocreditcardoperationsformentalagony
andharassment.
 Ifacomplaintisnotsettledbyanagreementwithinaperiodof
onemonth,theBankingOmbudsmanproceedsfurthertopass
anaward.Beforepassinganaward,theBankingOmbudsman
providesreasonableopportunitytothecomplainantandthe
bank,topresenttheircase.
 IfoneisnotsatisfiedwiththedecisionpassedbytheBankingOmbudsman,onecanapproachtheappellateauthority
againsttheBankingOmbudsmen’sdecision.AppellateAuthorityisvestedwithaDeputyGovernoroftheRBI.
 Ifoneisaggrievedbythedecision,onemay,within30daysofthedateofreceiptoftheaward,appealagainsttheaward
beforetheappellateauthority.
 Theappellateauthoritymay,ifhe/sheissatisfiedthattheapplicanthadsufficientcausefornotmakinganapplicationfor
appealwithintime,alsoallowafurtherperiodnotexceeding30days.
6.About(BASICSAVINGBANKDEPOSITACCOUNT):UndertheguidelinesissuedonAugust10,2012byRBI:Anyindividual,
includingpoororthosefromweakersectionofthesociety,canopenzerobalanceaccountinanybank.BSBDAguidelinesare
applicableto"allscheduledcommercialbanksinIndia,includingforeignbankshavingbranchesinIndia".
Alltheaccountsopenedearlieras'no‐frills'accountshouldberenamedasBSBDA.Banksarerequiredtoconverttheexisting
'no‐frills'accounts’into'BasicSavingsBankDepositAccounts'.
The'BasicSavingsBankDepositAccount'shouldbeconsideredasanormalbankingserviceavailabletoallcustomers,through
branches.
Theaimofintroducing'BasicSavingsBankDepositAccount'isverymuchpartoftheeffortsofRBIforfurtheringFinancial
Inclusionobjectives.
MainPointsoftheBSBDA:
i.Anindividualiseligibletohaveonlyone'BasicSavingsBankDepositAccount'inonebank.
ii.Holdersof'BasicSavingsBankDepositAccount'willnotbeeligibleforopeninganyothersavingsaccountinthatbank.Ifa
customerhasanyotherexistingsavingsaccountinthatbank,he/shewillberequiredtocloseitwithin30daysfromthe
dateofopeninga'BasicSavingsBankDepositAccount'.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 7 Note:WhileopeningtheBSBDAcustomers’consentinwritingbeobtainedthathisexistingnon‐BSBDASavingsBanks
accountswillbeclosedafter30daysofopeningBSBDAandbanksarefreetoclosesuchaccountsafter30days.
iii.OnecanhaveTerm/FixedDeposit,RecurringDepositetc.,accountsinthebankwhereoneholds'BasicSavingsBank
DepositAccount'.
iv.BanksareadvisednottoimposerestrictionslikeageandincomecriteriaoftheindividualforopeningBSBDA.
v.ThereisnorequirementforanyinitialdepositforopeningaBSBDA.
vi.BanksshouldoffertheATMDebitCardsfreeofchargeandnoAnnualfeeshouldbeleviedonsuchCards.
vii.InBSBDA,banksarerequiredtoprovidefreeofchargeminimumfourwithdrawals,throughATMsandothermode
includingRTGS/NEFT/Clearing/Branchcashwithdrawal/transfer/internetdebits/standinginstructions/EMIetc
vii.TheUniformrateofinterestratessetbyindividualbanksareapplicableonthedomesticsavingsdepositwillbe
determinedonthebasisofend‐of‐daybalanceintheaccount.
viii.ThenormalsavingbankaccountcanbeconvertedintoBSBDA
attherequestofcustomer.
BSBDA‐SmallAccountswouldbesubjecttothefollowing
conditions:
i.Totalcreditsinsuchaccountsshouldnotexceed1lakhrupeesinayear.
ii.Maximumbalanceintheaccountshouldnotexceed50,000Rsatanytime
iii.Thetotalofdebitsbywayofcashwithdrawalsandtransferswillnotexceed10,000rupeesinamonth
iv.ForeignremittancescannotbecreditedtoSmallAccountswithoutcompletingnormalKYCformalities
v.Smallaccountsarevalidforaperiodof 12monthsinitiallywhichmaybeextendedbyanother12monthsiftheperson
providesproofofhavingappliedforanOfficiallyValidDocument.
vi.SmallAccountscanonlybeopenedatCBSlinkedbranchesofbanksoratsuchbrancheswhereitispossibletomanually
monitorthefulfillmentsoftheconditions.
NewsRelatedtoBanking&Finance
1. ApanelheadedbyformerEconomicAdvisortoPrimeMinister,CRangarajansetspovertylineatRupees32perdayin
ruralareasandRupees47inUrbanareas.
HealsosaidthatthenumberofpoorinIndiawasmuchhigherin2011‐12at29.5percentofthepopulation,whichmeans
thatthreeoutof10personsarepoor.
TheRangarajanCommitteewassetuplastyeartoreviewtheTendulkarCommitteemethodologyforestimatingpoverty
andcleartheambiguityoverthenumberofpoorinthecountry.
2. ICICIBankleavesbehindHDFCBankasbiggestprivatebankemployer:ICICIBankhasovertakenitscompetitor
HDFCintermsofemployeenumberwithadditionofover10,000jobsinthelastfiscal.Withthis,ICICIhasemergedasthe
biggestemployerintheprivatebankingspacewithmorethan72,000employees.
3. PerformanceratingsofBanks’customerservicestobemadepublicfrom2015:From2015,performanceratingsof
BanksoncustomerserviceswillbeputinpublicdomainbyBankingCodesStandardsBoardofIndia(BCSBI).
BCSBIisratingbanksoncustomerserviceson5parameters:
i.Informationdissemination
ii.Transparency
iii.Customer‐centricity
iv.Grievanceredressalsystem
v.Customerfeedback.
4. NationalBankofAgricultureandRuralDevelopment(Nabard)andtheSmallFarmers’AgribusinessConsortium(SFAC)
havesignedamemorandumofunderstanding(MoU)tojointlyimplementschemesforthepromotionoffarmproducer
organisations(FPOs).
5. TheWorldBankGroup(WBG)hasgrantedGNRC,whichwasformerlyknownasGuwahatiNeurologicalResearchCentrea
grantof$150,000.
6. BankofMaharashtrawasconferred“BestBank–PublicSector”awardinBFSIAwards‐2014byWorldHRDCongressin
recognitionofitsperformanceinBankingcategory,thebanksaidinastatement.
7. MayaramCommittee’sdefinitionsofFDI,FIIacceptedbytheGovernmentofIndia.TheGovernmentofIndiahas
acceptedthereportofMayaramCommitteetherebyacceptingthedefinitionsofFIIandFDI.
SomekeypointsfromMayaramCommitteeReport:
i.Foreigninvestmentof10%ormoreinalistedcompanywillnowbetreatedasFDI.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 8 ii.Aninvestormaybeallowedtoinvestbelow10%andthiscanbetreatedasFDIsubjecttotheconditionthattheFDI
stakeisraisedto10%orbeyondwithinoneyearfromthedateofthefirstpurchase.
iii.Ifthestakeisnotraisedto10%orabove,thentheinvestmentcanbetreatedasportfolioinvestment.
iv.ForeignPortfolioInvestorsincludeForeignInstitutionalInvestors(FIIs)andQualifiedForeignInvestors(QFIs).
v.Foreigninvestmentinanunlistedcompany,irrespectiveofthethresholdlimit,maybetreatedasFDI.
8. StateBankofIndiahaspartneredwithpaymentsserviceprovider,EzetapMobileSolutions,todeploymobilepoint‐of‐
sale(mPOS)solution.TheSBI‐Ezetapplatformwouldallowthebanktoprovidevalue‐addedservicesformerchantsand
consumersfromasingle,securePOSdeviceandapplication.
9. SEBIhasissuednewnormsforpublicissuanceofdebtsecuritiesunderwhichsuchoffershavetobeofminimumRs100
crore,whileissuerswouldneedtomakeadditionaldisclosuresandattainatleast75percentsubscription.
10. SubhalakshmiPanse,formerCMDofAllahabadBank,hasjoinedtheboardofFederalBankasanIndependentDirector.
11. WorldBanklowerforecastGrowthRatefordevelopingcountriesto4.8%from5.3%.
12. ICICIBankhaslaunchedco‐brandedcardwithDMRC.Itcanbeyourcredit/debitcard,andoffersthebenefitof10percent
discountthattheDMRCsmartcardoffers.
13. Export‐ImportBankofIndia(EximBank)enteredintoamemorandumofunderstanding(MOU)withtheIndianCouncil
ofCulturalRelations(ICCR)forestablishmentofaChairforfinancialmanagementinLagosBusinessSchool,Nigeria.
14. NationalBankforAgricultureandRuralDevelopment(Nabard)hasreducedtheinterestrateonitslong‐termrefinance
facilitytobanksby20basispointstopromoteinvestmentsinagriculture.Thenewrateswillbe9.5percent(9.7per
centearlier)for5yearsandaboveand9.7percent(9.9percentearlier)for3‐5years.
15. FinanceMinisterArunJaitleyhasbeenappointedontheBoardofGovernorsofPhilippines‐basedAsianDevelopment
Bank(ADB).
16. EximBankhasextendedUSD46millionlineofcredittoMauritiusforfinancinggoodsanddefencerelatedvehicles
purchases.
17. WorldBankhassignedanagreementwiththegovernmenttoprovidealoanassistanceofUSD1,006.20millionforSarva
ShikshaAbhiyanIII,whichisthelargestongoing"EducationforAll"programmeintheworld.
18. FICCIandIDBIsignedanMoUforeasyaccesstoorganisedfinancefacilityatcompetitiveinterestratesformicro,small
andmediumenterprise(MSME).
19. Indiarecentlylauncheditsownpaymentgateway'RuPay',equivalentofVisaandMastercard,whichwillworkonATMs
andmerchantoutletsandhelpinreducingcashtransactions.
Note:i.RuPay,whichworksonthreechannels‐‐ATMs,PointofSales(POS)andonlinesales,istheseventhsuchpayment
gatewayintheworld.
ii.TheRuPayplatform‐‐developedbyNationalPaymentsCorporationofIndia(NPCI)‐‐isbeingusedbycertainbankslike
ICICI,StateBankofIndia,PunjabNationalBank,amongothers,forclearingandsettlement.
20. Indiabecamethird‐largesteconomyin2011from10thin2005:WorldBank.
21. Note:Indiaemergedastheworld’sthird‐largesteconomyin2011frombeingthe10thlargestin2005,movingaheadof
Japan,whiletheUSremainedthelargesteconomycloselyfollowedbyChina,latestfigureshaverevealed.
22. GovtacceptsSahoopanelreportonreviewofdepositoryreceiptsscheme.Thekeyrecommendationsofthecommittee
includeallowingissuanceofdepositoryreceiptsagainstanyunderlyingsecurities—equityordebt,byanyissuer‐listed
orunlisted.
Note:Depositoryreceiptsarereceiptsdenominatedinforeigncurrencycreatedbyadepositoryinthecountryoflisting.
Therearetwopopulartypesofdepositoryreceipts—globaldepositoryreceiptsandAmericandepositoryreceipts.
23. INGVysyaLifeInsuranceCompanyLtdhasbecomeExideLifeInsuranceCompany.Theinsurancecompanywill
continuetohonouritscommitmentsandobligationsundertheinsurancepoliciesissuedtocustomersinthenameofING
VysyaInsuranceCompanyLtd.
24. SwitzerlandandNorwayaretheworld'smostexpensiveeconomies,followedbyBermuda,AustraliaandDenmark,
accordingtoanewrankingbytheWorldBank
25. BaselCommitteeissuedFinalstandardstocurbexposuresofbankstocustomers.TheBaselCommitteeonBanking
Supervisionon15April2014issuedFinalstandardsformeasuringandcontrollinglargeexposuresofbankstocustomers.
Thesestandardswilltakeeffectfrom1January2019
26. BankofIndia(BOI)hasbecomethefirstIndianbanktoextendabridgeloanof$200milliontoAirIndiatofinancethe
purchaseoftwoBoeing787Dreamlineraircraft.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 9 27. IndialeadsglobalremittanceswithUSD70bnin2013.India'sneighbourChinafollowssecondwithUSD60billion,said
theWorldBankreport
28. WorldTradeOrganisation(WTO)projectedthattheworldtradewillgrowby4.7percentin2014.
29. TheWorldBankgiveloanPakistan12billiondollarsoverthenextfiveyearstohelpliftitseconomy,
30. QatarbasedDohaBankannouncedit’sFirstbranchinMumbai.ThebranchinMumbaiwillbeopenedasafull‐fledged
bankinMay2014.
Note:BankofBahrain&Kuwait,AbuDhabiBankarethetwootherbanksfromArabcountriestohaveoperationsinIndia
beforeDohabank.
31. BankofIndia(BOI)launchedInstantMoneyTransfer(IMT)schemeinMumbai.
Note:IMTschemeallowscustomerstowithdrawcashwithoutusingeitherdebtcardorcreditcardatBoI'sIMT‐enabled
ATMs.Thisisthefirst‐of‐its‐kindinitiativelaunchedbyapublicsectorbank.
32. Export‐ImportBankofIndiaextendedaLineofCreditof$89.90
milliontotheGovernmentofRepublicofCongo,for
developmentoftransportationsystemintheRepublicofCongo.
33. CentralBankofIndiahassolditsentirestakeincredit
informationproviderCIBILtoTransunionInternationalInc.
CentralBankhada5percentstakeinCIBILwhileTransunionisthemajorityshareholderinCIBILat27.5percent.
34. CanaraBanknamescricketerShikharDhawanasitsbrandambassador.
35. HousingDevelopmentFinanceCorporation(HDFC)BanksetWorldrecordforBloodcollectioninasingleday.Theblood
donationcamporganisedbyHDFCBankon6December2013wasrecordedintheGuinnessBookofRecords.
36. TheWorldBankhassaiditwouldprovideupto$3billioninaidforUkrainein2014tohelpthecountrydelivermuch‐
neededeconomicreforms.
37. Biharemergesasfastestgrowingstate(15.05percent)in2012‐13:CSOReport.
Note:AccordingtotheCSOdata,Gujaratranked6thwithgrowthrateat7.96percent,behindBiharandMadhyaPradesh
with9.89percent,Goa8.47percent,Kerala8.24percentandOdisha8.09percent.Theall‐Indiagrowthratein2012‐13
was4.47percent.
38. TheBankofBahrainandKuwait,BBK,planstoexpanditsoperationsinIndiabyopeningitsfourthbranchinthecountry
inNewDelhi.
39. InterestrateonPostOfficeFDsincreasedbyupto0.2percentfrom8.2percentto8.4percent.
40. India’s1stpostofficesavingsbankATMinauguratedinThyagarayaNagar,Chennai.
41. SEBIapprovedthenewCorporateGovernancenorms.Thenewcorporategovernancenormswouldbecomeapplicable
foralllistedcompanieswitheffectfrom1October2014.
42. RetirementfundbodyEPFOdecidedtoincreasetherateofinterestonProvidentFunddepositsto8.75percentfrom8.5
percent.
43. TheNationalBankforAgricultureandRuralDevelopmenthassanctionedRs348.63croretoKarnatakaunderRural
InfrastructureDevelopmentFund(RIDF).
44. AsianDevelopmentBank(ADB)hasprovided$400millionfirsttranchelineofcredittoIndiaInfrastructureFinance
CompanyLtd(IIFCL)tohelpaccelerateinfrastructuregrowththroughincreasedprivatesectorinvestment.
45. AsianDevelopmentBankwillprovideUSD275millionloanforimprovingruralroadconnectivityinfivestatesincluding
Assam,Chhattisgarh,MadhyaPradesh,OdishaandWestBengalinthecountry.
46. BharatiyaMahilaBank(BMB)andSBICardshavejoinedhandsforroll‐outofcreditcardstocustomersofIndia’sfirst
women‐focusedcommercialbank
47. BharatiyaMahilaBank(BMB),thefirstall‐womenbank,tiedwithNewIndiaAssurancetolaunchhealthinsurance
productsforwomenaccountholdersofthebank.
48. TheBankofJapan(BOJ)andRBIconcludedanagreementthatexpandsthemaximumamountofthebilateralswap
arrangement(BSA)betweenthetwocountriestoUSD50billion.
Note:BOJGovernorisHaruhikoKurodaandRBIGovernorRaghuramRajan
49. NationalBankforAgricultureandRuralDevelopment(NABARD)hasreducedrefinancerateforbanksandother
lendingagenciesby0.20percenttopromoteruralcreditandruralinfrastructure.
Note:Therevisedrateofinterestonrefinanceforaperiodoffiveyearsforcommercial,statecooperative,regionalrural
andprimaryurbancooperativebankswillbe9.70percent,downfrom9.90percent.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 10 50. SEBIgrantsnewstatustothreeclearingcorporationsto
NationalSecuritiesClearingCorporation,IndianClearing
CorporationandMCX‐SXClearingCorporation.
51. WorldBankwillprovide$250millionloantoconstructdisaster
resilienthousesandroadsindisaster‐hitUttarakhand.
52. WorldBankwillprovide$500millionloanforwatersupplyand
sanitationprojectsintheruralareasofAssam,Bihar,Jharkhand
andUttarPradesh.
53. WorldBankwillprovide50milliondollarassistanceto
Afghanistantosupportthegovernment'seffortstoimprove
accesstocreditformicro,smallandmediumenterprises.
ImportantCommitteesinNews:
1. NachiketMorCommittee:topermitsNBFCstoworkasBusiness
Correspondentsofbanks.
2. DeepakMohantyCommittee:onDataandInformation
ManagementintheReserveBankofIndia
3. K.K.MehrotraCommittee:toinquiregasleakageinBhilaiSteel
Plant.
4. PJNayak:toreviewGovernanceofBoardsofBanksinIndia.The
committeewasconstitutedunderthechairmanshipofP.J.Nayak.
HeisaformerChairmanandCEOofAxisBank.
5. MPBezbaruah:tosuggestsuitableremedialmeasurestoaddress
concernsregardingsecurityofpeoplefromNorthEast.
6. B.Sambamurthy:panelfavourssinglemobilebankingapponall
SIMs.Panelrecommendedthatcustomersshouldnotberequired
tovisitthebankbranchformobilenumberregistration.
7. VijayKelkarCommitteewasappointedbythePetroleumandNaturalGasMinistrytopreparearoadmaptomakeIndia
self‐sufficientinoilandnaturalgasby2030.
8. VishnuSahaycommittee:lookprobeintotheMuzaffarnagarcommunalviolence.
9. UrjitPatelCommittee‐toexaminethecurrentmonetarypolicyframework
10. MukulMudgalmemberpaneltoprobeIPLspot‐fixing
11. NachiketMor‐committeeoncomprehensivefinancialservicesforsmallbusinessesandlow‐incomehouseholds.
12. JusticeA.P.Shahcommittee:toheadpanelonroadsafety
13. AnilKaushalcommittee:toexaminetherecommendationsmadebytheTRAIonpricingofSpectrum.
14. BimalJalanpanel:toscrutinizeapplicationsfornewbanklicenses.
15. ParthasarathiShome.–forTaxAdministrationReformCommission(TARC),Suggestasystemtoenforcebettertax
compliance
16. KiritParikhpanel:onfuelpricinghassuggestedthatthedieselpricesshouldbeincreasedbyRs1‐1.50alitreeverymonth
asagainstthe45‐50paisemonthlyhikefollowedcurrently.
17. KU.B.Rao:theideaofsettingupBullionBankorBullionCorporationofIndia
18. ArvindMayaramPanel:reportontheallegedirregularitiesattheNationalSpotExchangeLtd(NSEL)
19. ArvindMayaramCommittee–forgivingcleardefinitionstoForeignDirectInvestment(FDI)andForeignInstitutional
Investment(FII)
20. SumaVermaCommittee‐toupdate,andrevisetheBankingOmbudsmanScheme,2006
21. DamodranCommittee:onimprovementofcustomerservicesinbanks
22. ShriM.NarasimhamCommittee:onBankingSectorReforms
23. ShriRaghuramRajanCommittee:onFinancialSectorReforms,
24. ShriB.MahapatraCommittee:toreviewtheexistingprudentialguidelinesonrestructuringofadvancesbybanks/financial
institutions
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 11 25. ShriAdityaPuriCommittee:DisseminationofCreditInformation
26. ShriK.U.B.RaoCommittee:recommendedaligninggoldimportregulations
27. KMChandrasekharcommittee:forrationalizationofforeigninvestmentnorms
28. ShriPulakKumarSinhaCommittee:tostudythefeasibilityofAadhaarasanadditionalfactorforauthenticationofcard
presenttransactions
29. MukulMudgalCommittee:lookingintoUSgiantWalmart'slobbyingactivitiestoenterIndia
30. MBNRaoCommittee:topreparetheblueprintofIndia’sfirstwomen’sbank
ImportantNews(India&World):
1. IntermsofGDP,India'seconomyis10thbiggest:WorldBank‐Aftergrowingatanaverageannualrateofjustover6
percentfrom1980to2010,India’seconomyisnowthe10thbiggestintheworldintermsofgrossdomesticproduct,
accordingtotheWorldBank.
2. FIFAsuspendedNigeriafromallinternationalfootball
competitionswithimmediateeffect.Nigeriawassuspendedon
accountofgovernmentinterferenceinrunningNigeriaFootball
Federation(NFF).
3. TyphoonNeogurislammedintoJapan’ssouthernmainisland.
4. TheAsianDevelopmentBank(ADB)hasapproveda180million
dollarsloantohelpNepalovercomeitscripplingpowershortagesandexportsurpluspowertoneighboringIndia.
5. By2030,Indiatobecome3rdlargesteconomy:PwC‐AsperthelatestestimatesbyPricewaterhouseCoopers(PwC),
Indiawillbecomethethirdlargesteconomyintheworldby2030.AccordingtotheLondon‐basedaccountancygiant,the
rapidriseoftheIndianeconomywithitsyoungworkforcewouldthrustitupfrombeingthe10thlargesteconomyin2013
tothe3rdlargestby2030,pushingtheUKbackinto6thplace.
6. IndiannursesreturnhomethroughSpecialAirIndiaflight‐Aboutamonthlongordealof46nurses,whowereheld
captivebyISISmilitantsinIraq,endedastheyreturnedhomebyaspecialAirIndiaflight.
ThesufferingforthesenurseswhowereworkingatahospitalinSaddamHussein’shometownofTikrit,beganwhenISIS
(IslamicStateforIraqandSyria)militantslaunchedanoffensiveinthatregiononJune9,2014.
7. PMModiopensKatra‐Udhampurraillink‐PrimeMinisterNarendraModiinauguratedthe25km‐longKatra‐
UdhampurrailwaylineinJammu.TheraillinkwillconnectthebasecamptownofKatradirectlywiththerestofthe
countryandfacilitatemillionsofdevoteeswhovisittheVaishnoDevishrineeveryyear.
8. BorWildlifeSanctuary:India’s47thTigerReserve:AsperthenotificationofEnvironmentMinistry,Maharashtra’sBor
WildlifeSanctuarywillbecomethecountry’s47thTigerReservewithanaimtobolstertheconservationeffortsofthe
nationalanimal.
9. PresidentPranabMukherjeejoinedthesocialnetworkingplatformTwitterwithhisaccount@RashtrapatiBhvn.Hehas
becomethefirstservingpresidentofIndiatojoinTwitter.
10. FranceannouncedtoprovideonebillionEuros(8200crorerupees)lineofcreditoverathreeyearsperiodtoIndia.The
announcementwasmadebyFrenchForeignMinisterLaurentFabiuswhoisonavisittoIndia.
11. FirstAidPostinauguratedatShastriBhawan.HealthandFamilyWelfareMinisterDr.HarshVardhanalongwith
HumanResourcesDevelopmentMinisterSmritiIraniinauguratedaFirstAidPostatShastriBhawanintheNational
Capital.
12. IndiabecamethefirstcountrytoratifytheMarrakeshTreatytofacilitateaccesstopublishedworksforpersonswhoare
blindandvisuallyimpaired.
13. UnionGovernmentgrantedNavratnastatustoEngineersIndiaLtd(EIL)andNationalBuildingsConstruction
Corporation(NBCC).
14. Poland’sWroclawcitywillbetheWorldBookCapital(WBC)for2016.
Note:Nigeria’sPortHarcourtistheWBCfor2014whileSouthKorea’sIncheoncitynamedfor2015.
15. AncientPyuCitiesbecamethefirstsitefromMyanmarinscribedontheUNESCO’sWorldHeritageSiteList.TheAncient
PyuCitiesincludethreecitiesHalin,BeikthanoandSriKsetra.
16. SwissMoney:Indiahasmovedupto58thrankintermsofforeignmoneylyingwithSwissbanks.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 12 Note:TheUKhasretaineditstoppositionwithhighestshareofcloseto20percentofglobalwealthinSwissbanking
system,followedbytheUS,WestIndies,GermanyandGuernseyinthetop‐fiveintermsofexposuretobanksin
Switzerland.
17. Indiaranked143rdinGlobalPeaceIndexoutof162countries.
Note:Icelandtopsthelistastheworld'smostpeacefulplaceandSyriaisthemostviolentplaceintheworld.
18. India’sfirstOneStopCrisisCentre(OSCC)namedGauravilaunchedinBhopal,MadhyaPradesh.
19. MilitantscapturedIraq'slargestoilrefineryBaijirefinery.TheBaijirefineryislocatedinSalaheddinprovince,northof
BaghdadinIraq.
20. GlobalskincaregiantNiveaannouncedtosetupitsfirstevermanufacturingplantinIndiaatSanandnearAhemdabad.
21. AirIndiahasformallybecomepartoftheglobalairlines’grouping,StarAlliance
22. Britain'spremiumluxurygoodsbrandEastIndiaCompanyhasissuedanexclusivelegaltendergoldcoinworth12,000
poundsterlinginhonourofIndiancricketlegendSachinTendulkar.
23. IndiahasbecomeapermanentSignatorytoWashingtonAccordwhichwillenableglobalrecognitionofIndiandegreesin
engineeringandtechnicaleducation.Withthis,Indiahasjoinedaselectgroupof17countriesthatarepermanent
signatoriestotheAccord.
Note:Itisaninternationalagreementamongstprominentnationswiththecharterofpromotingmobilityandquality
assuranceofengineersacrossinternationalboundaries.
24. Kochihaswonthisyear’s‘bestcityaward’fromnewschannelCNBCAwaaz.
25. IndiaannouncedanewliberalvisapolicyfornationalsofAfghanistsanonhumanitariangrounds.
26. TheUnitedStatesnamedamountaininAntarcticaasMt.SinhatohonouraneminentIndian‐Americanscientist,Akhouri
Sinha.
27. Orkut!GoogletoshutdownwebsiteonSept30:Orkut,Google’sfirstsocialnetworkingsite,willceasetoexistafter
SeptemberwiththeInternetgiantdecidingtoshutdowntheservicelaunched10yearsago.
28. SocialmediagiantFacebooklaunchedlatestmessagingappSlingshot.
29. DelhiGovernmentannouncedthatDelhihasbecomethefirstkerosene‐freecityinthecountry.
30. Dhoniranked22ndinForbes'world’shighestpaidathleteslist.ThelisttoppedbyAmericanboxerFloydMayweather
andincludesgolferTigerWoodsandtennisstarsRogerFedererandRafaelNadal.
31. Lithuaniatobecome19thcountrytoadoptEuroascurrencyfrom1January2015.Itwillbecomethe19thmemberofthe
eurozoneoutof28countriesintheEuropeanUnion,andthelastoftheBalticstatestojoin.
Note:EstoniawasthefirstBalticstatetobecomeamemberoftheeurozonein2011,followedbyLatviaon1January
2014.
LithuaniaCapital:Vilnius,President:DaliaGrybauskaitė,
PrimeMinister:AlgirdasButkevičius
32. FormerIndiacaptainSouravGangulyjoinedtheSupremeCourt‐appointedMudgalcommittee,whichisprobingtheIPL
bettingandspot‐fixingscandal,asanexpertoncricketingaffairs.
33. Telanganacameintoexistenceasthe29thstateofIndiaandTRSsupremeoKChandrasekharRao(KCR)wasswornin
asitsfirstChiefMinister.ESLNarasimhanwassworninasthefirstGovernorofTelangana.
34. MadhyaPradeshgovernmenthasappointedactorMadhuriDixitasthebrandambassadorforitsMamtaAbhiyaan
(maternalandchildhealth)campaign.
35. Indiaisamongtheworld'stopfivenationsinconcentratedsolarpower(CSP)technologycapacityrankingstoppedbythe
US,accordingtoanewreport.
Note:Indiaisplacedfourth,aheadofChina,intherankingsrecentlyreleasedinareportbytheRenewableEnergyPolicy
Networkforthe21Century(Ren21),aninternationalmulti‐policystakeholdernetworkthatpromotesrapidglobal
transitiontorenewableenergy.
36. Indiabecamethesecondlargestexporteroftextilesintheworld.ThiswasrevealedbytherecentdatareleasedbyUN
ComtradeinGlobalTextilesaswellasApparelExports.
37. IndiawaselectedforasecondtimetoaUNESCObody,taskedwiththesafeguardingofintangibleculturalheritage.India
wontheelectionbyaresounding135votesagainstatotalof142votescastbymemberstatespresentattheUNESCO
headquartersinParis.
Note:ThisisthesecondtimethatIndiahasbeenelectedtotheIntergovernmentalCommitteefortheSafeguardingofthe
IntangibleCulturalHeritage,theearliertermbeingfrom2006‐2010
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 13 38. ThegovernmenthasproposedtoraiseForeignDirectInvestment(FDI)indefencesectorto100percent.Accordingto
sources,theCommerceandIndustryMinistryhascirculatedaCabinetnoteforinter‐ministerialconsulatation.
39. PakistanhassaiditwouldgrantIndiathestatusofNon‐DiscriminatoryMarketAccess(NDMA)tofacilitateenhanced
bilateraltrade.
40. SachinTendulkartobegoodwillambassadorfornationalgames.The35NationalGamestobeheldinsevencitiesinthe
StateearlynextyearwillhavecricketlegendSachinTendulkarasitsgoodwillambassador.
41. Indiahasfiguredamongthetop10marketsfortheinternationalbusinesscommunity,accordingtoAustralia’s
InternationalBusinessSurvey.
42. MalavathPoorna,a13‐yearsand11‐montholdgirlofTelangnabecametheyoungestwomantoclimbtheMount
Everest,thehighestpeakintheworld.
43. SingaporebecamethetopsourceofFDIintoIndiareplacing
Mauritius:DepartmentofIndustrialPolicyandPromotion(DIPP)
44. FlipkartbuysMyntrafor$300mn.Flipkartannouncedthatit
hasacquiredMyntra,thecountry’slargeste‐commercesitefor
fashionandlifestyleproducts.
45. TheUnitedNationsandtheInternationalOlympicCommitteehassignedahistoricagreementtousethepowerof
sportstopromotepeaceandeconomicdevelopment.
Note:IOCPresident:ThomasBach
46. EuropeanUnionbansIndianAlphonsomangoes,veggiesfromMay1.The28‐memberEuropeanUnionhastemporarily
bannedtheimportofAlphonsomangoes,thekingoffruits,andfourvegetablesfromIndiafromMay1,sparkingprotests
fromtheIndiancommunity,lawmakersandtraders.
47. MicrosoftacquiresNokia'smobilephonebusinessfor$7.5bn.TheFinnishcompanywillnowfocusonnetworks,
mappingservicesandtechnologydevelopmentandlicences.
Note:FormerNokiachiefexecutiveStephenElophasbecomeexecutivevicepresidentoftheMicrosoftdevicesgroup
48. WHOcertifiesIndiaasapolio‐freenation.
49. RussiasuspendedfromG‐8group:TheG7groupoftopeconomicpowershavekickedoutRussiafromthepowerfulG8
overitsannexationofCrimeaandthreatenedtoimposefar‐reachingsanctionsifMoscowcontinueditsincursioninto
Ukraine.
ii.TheUSandsixothereconomicpowersalsoscrappedtheG8summittobehostedbyRussiainSochiinJunetobuild
pressureonRussianPresidentVladimirPutinagainsthismilitaryactioninUkraine.
50. GlobalpharmamajorNovartisacquireGlaxoSmithKlineplc's(GSK).
Note:NovartisisSwitzerlandbasedcompany.GlaxoSmithKlineisEnglandbasedcompany.
51. CadburyIndiaLimitedannouncedtochangeitsnametoMondelezIndiaFoodsLimited.CadburyIndiaLimitedisa
subsidiaryofMondelezInternationalInc.
52. Vietnam(Hanoi)decidednottohostthe2019AsianGamesforfinancialreasons,andwasexploringproceduresto
withdrawfromstagingtheregion'slargestsportingevent.
53. SunPharmaceuticalIndustries(SPL)announcedthatitwillacquire100percentofRanbaxyLaboratoriesina$4
billionall‐sharetransaction.
54. Deadly‘Heartbleed’virusarrivesinIndiancyberspace.
55. JammuandKashmirbecamethefirststateinthecountrytodeclareallelectionboothsinthecomingLokSabhapollsas
nosmokingzones.
56. IRV2020programmehasbeenlaunchedbyWHO‐India,withanaimtoprotectandincreasethepopulationoftheone‐
hornedrhinoceros(Rhinocerosunicornis).
57. WorkdaysfortribalsunderMNREGAraisedfrom100to150.Thosetribalswhohavereceivedlandrightsunderthe
ForestRightsAct,2006willbeeligibleforadditional50daysofwageemploymentundertheruraljobscheme.
58. IndianominatedRani‐ki‐VavlocatedinPatan,GujaratandtheGreatHimalayanNationalPark(GHNP)inHimachal
PradeshforUNESCO’sWorldHeritageSiteStatusfor2014.
59. VandanaFoundationlaunchedAQUATMinMumbai:TheAQUATMisawatervendingmachinefromwhichwatercanbe
purchased.Thiswaterwendingmachinewillrelease1literwateratapriceof1rupee.
60. GujaratstatehasbeenrankednumberoneinalistofIndia's20largeststatesintermsof“economicfreedom”.
61. GooglepartnerswithRay‐banforGoogleGlass.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 14 62. IndiaisDubai’slargestnonoiltradingpartnerin2013‐14
63. Kellogg’sropesinDeepikaPadukoneasbrandambassadorfor
SpecialK
64. Odiadeclaredasclassicallanguage.Sofar,Sanskrit,Tamil,
Telugu,KannadaandMalayalamhavebeendeclaredasclassical
languages.
65. GoogleandArchaeologicalSurveyofIndia(ASI)jointly
launched360‐degreepanoramicimageryof30outof100
"nationally‐importantmonuments"includingTajMahal,Red
Fort,Humayun'sTomb,JantarMantarandQutubMinaramong
others,viewabletoone‐thirdoftheworld'spopulation.
66. Country’sfirstMinorityCyberVillageopenedinChandoliin
AlwardistrictofRajasthan.
67. Sikkimachievesover100percentsanitation.Sikkimhas
becometheonlystateinthecountrytoachievemorethan100
percentsanitationinruralandurbanhouseholds,schools,
sanitarycomplexesandAanganwadicentres.
68. India’sfirstmonorailservicelaunchedinMumbai.
69. BelgiumbecamesecondcountrytoallowMercyKillingfor
Children.ParliamentofBelgiumon14February2014legalised
deathtoterminallyillchildrenofanyage.
Note:OtherEuropeancountriesthatallowsactive
euthanasiaare:1.Luxembourg,whichpermitsactive
euthanasiaforover18yearsinage.2.Switzerlandletsdoctors
tohelpadultpatientstocommitsuicide
70. Indiaistheworld’slargestarmsimporter:SIPRI.Thenew
datahasrankedChinaandPakistansecondandthirdrespectivelyasthelargestarmsimporter.Thereportpublishedbyas
SwedishThinkTank,StockholmInternationalPeaceResearchInstitute(SIPRI).
71. IndiabecamethirdlargestcrudeoilimporterintheWorld.
World’sTopFiveOil‐ImportingCountriesare:1.China,2.U.S.A:,3.India4.Japan 5.Germany
72. SixPublicSectorUnits(PSUs)havesignedaMemorandumofUnderstanding(MoU)tosetuptheWorld’slargest4000MW
ultrasolarpowerprojectSambharinRajasthan.
73. KeralawinsUNaward:KeralaTourismhasbeenconferredtheUnitedNationsAwardforcreatinginnovativeinitiatives
forsustainabletourism,thefirsttimeIndiahaseverwontherecognition.
74. Odisha'sChilikalagoon,hotspotforbiodiversity,hasbeennamed'destinationflyways'byUnitedNationsWorldTourism
Organization(UNWTO)followingitsinclusioninalistofeightsuchsitesworldwide.
Note:ChilikaistheonlysitetobeselectedfromAsiabytheUNWTO.
75. JapanesePM(ShinzoAbe)istheChiefGuestatIndia’s65thRepublicDaycelebrationson26thJanuary2014.
76. TheJaincommunitywasaccordedminoritystatusbythecentralgovernment,whichwillenablethemtoavailofbenefitsin
governmentschemesandprogrammes.TheJainsbecamethesixthcommunitytohaveminoritystatusafterMuslims,
Christians,Sikhs,BuddhistsandParsis.
77. CricketiconSachinTendulkarhasbeennamedtheregionalbrandambassadorbytheUNICEFtopromoteitsTotal
SanitationCampaigninIndia,Pakistan,SriLanka,BangladeshandNepal.
78. GorakhpurrailwaystationenteredLimcaBookofRecordsasworld’slongestplatform
Note:BeforetheplatformnumberoneofGorakhpur,theplatformofKharagpurrailwaystationofWestBengalhadthe
distinctionofbeingworld’slargestplatformwithlengthof1072.5meters.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 15 NewAppointmentinIndia
AmitShah:NewBJPPresident.HereplacesRajnathSingh.
KamlaBeniwal:appointedasnewGovernorofMizoram
RamNareshYadav:NewGovernorofChhattisgarh.
VakkomPurushothaman:appointedasGovernorofNagaland.
Note:VakkomwillcontinuetoholdtheadditionalchargeoftheofficeoftheGovernorofTripura.
ii.MargaretAlva,theGovernorofRajasthanwasgiventheadditionalresponsibilityofGujarat.
iii.BiharGovernorDYPatiltookadditionalchargeofWestBengal
5. ShaktikantaDas:appointedasNewRevenueSecretary.HereplaceRajivTakru.
6. RajeevTopno:appointedasPrivateSecretarytoPrimeMinisterNarendraModi
7. VishalSikka:appointedNewCEOofInfosys.
8. BAshok:appointedNewIOCChairman.HereplacesRSButola.
9. A.K.Dubey:appointedasChairmanofCoalIndiaLimited
10. SirikondaMadhusudhana:FirstspeakerofTelanganaLegislativeAssembly.
11. SLBhojegowda:electedVice‐ChairmanofBarCouncilofIndia.
12. NarendraDamodardassModisworninasthe15thPrimeMinisterofthecountry.
ThelistofCabinetMinistersincludes:
13. RajnathSingh:HomeMinster
14. SushmaSwaraj:ExternalAffairs&OverseasIndianAffairs
15. ArunJaitley:FinanceCorporateAffairs&Defence
16. M.VenkaiahNaidu:UrbanDevelopmentHousingandUrbanPovertyAlleviation&ParliamentaryAffairs
17. NitinJairamGadkari:RoadTransportandHighwaysShipping+RuralDevelopment,PanchayatiRaj&DrinkingWater
andSanitation
Note:NitinJairamGadkarigivenadditionalchargeofRuralDevelopment,PanchayatiRaj&DrinkingWaterand
SanitationasGopinathMundediedinRoadaccident.
18. D.V.SadanandaGowda:Railways
19. UmaBharati:WaterResources,RiverDevelopmentandGangaRejuvenation
20. Dr.NajmaA.Heptulla:MinorityAffairs
21. RamvilasPaswan:ConsumerAffairs,FoodandPublicDistribution
22. KalrajMishra:Micro,SmallandMediumEnterprises
23. ManekaGandhi:WomenandChildDevelopment
24. Ananthkumar:ChemicalsandFertilizers
25. RaviShankarPrasad:CommunicationsandInformationTechnology&LawandJustice
26. AshokGajapathiRaju:CivilAviation
27. AnantGeete:HeavyIndustriesandPublicEnterprises
28. HarsimratKaurBadal:FoodProcessingIndustries
29. NarendraSinghTomar:Mines&SteelLabourandEmployment
30. JualOram:TribalAffairs
31. RadhaMohanSingh:Agriculture
32. ThaawarChandGehlot:SocialJusticeandEmpowerment
33. SmritiZubinIrani:HumanResourceDevelopment
34. Dr.HarshVardhan:HealthandFamilyWelfare
35. SumitraMahajan:newLokSabhaSpeaker
36. ChandrababuNaidusworn‐inasFirstChiefMinisterofAndhraPradesh.
37. KChandrasekharRao(KCR)wassworninasitsfirstChiefMinisterofTelangana
38. FinanceMinisterArunJaitleyhasbeenappointedontheBoardofGovernorsofPhilippines‐basedAsianDevelopment
Bank(ADB).
39. MallikarjunKhargeelectedleaderofCongressinLokSabha.
40. NripendraMishraappointedPrincipalSecretarytoPM
41. MukulRohatgiappointed14thNewAttorney‐GeneralofIndia.HereplaceG.E.Vahanvati
1.
2.
3.
4.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 16 42. AjitKumarDovalappointedasnewNationalSecurityAdvisor
43. RajivMathurtakesoverasNewCIC(ChiefInformationCommissioner).HesucceedsSushmaSingh,
44. AnandibenPatel:newCMofGujarat
45. NaveenPatnaiksworninasOdishachiefminister
46. PawanChamlingswornasSikkimCMforrecord5thtime
47. JitanRamManjhi:newBiharCM
48. TRZeliangappointednewCMofNagaland.HesucceedNeiphiuRio
49. NabamTukisworn‐inasCMofArunachalPradeshforsecondterm.
50. R.M.Lodha:NewChiefJusticeofIndia.Heisthe41stChiefJusticeofIndia.HesucceedsJusticeP.Sathasivam.
51. LtGenDalbirSinghSuhag:appointednewArmyChief.HesucceedGenBikramSingh.
52. RGandhiappointedDeputyGovernorofRBI.HereplaceAnandSinha
53. RobinKDhowan:appointedNewNavyChief.
54. ArupRahanewAirChiefMarshal.HesucceededNAKBrowne.
55. ArvindMayaram:appointednewFinanceSecretary.He
replaceSumitBose
56. SaurabhChandra:newOilSecretary.
57. SudhirGupta:appointednewTRAISecretary
58. RajeevKher:appointednewCommerceSecretary.Hereplace
SRRao
59. AshokLavasa:appointedCivilAviationSecretary.HereplaceKNSrivastava.
60. JusticeG.Rohini:becomethefirstwomanChiefJusticeoftheDelhiHighCourt.
61. IlaPatnaik:appointedasPrincipalEconomicAdvisor
62. RetiredAirChiefNAK.BrowneappointednewIndianenvoytoNorway.
63. RahulKulshreshthappointednewIndianenvoytoTurkey
64. SunilGavaskar:interimPresidentofBCCI
65. G.Gopalakrishna:joinedasdirectorofCentreforAdvancedFinancialResearchandLearning(CAFRAL).
66. SureshKumarReddyappointedastheFirstambassadortoASEAN
67. Ms.LakshmiSwaminathanbecamethefirstIndiantobecomepresidentofAdministrativeTribunaloftheAsian
DevelopmentBank(ADB)
68. LalitModielectedpresidentofRajasthanCricketAssociation.
69. ArundhatiBhattacharya:SBI'sfirstwomanChairman
70. AkhileshGupta:electedasPresidentoftheIndianMeteorologicalSociety
71. ThomasMathew:NewChairmanofMCXStockExchange
72. DKPathak:newDirectorGeneraloftheBorderSecurityForce(BSF).
73. SheilaDikshit:NewGovernorofKerala.
74. DineshSarraf:appointedasChairmanandManagingDirector(CMD)ofOilandNaturalGasCorporation(ONGC).He
replacedSudhirVasudeva.
75. GautamBambawale:newIndianambassadortoBhutan
76. JudeFelix:appointedcoachoftheNationalmen’shockeyteam.
77. YaduvendraMathur:appointedasChairmanandManagingDirectorofExport‐ImportBankofIndia(EximBank)
78. RakeshMaria:appointedasanewPoliceCommissionerofMumbai.HereplaceSatyapalSingh.
79. AditiKhannabecamefirstwomenPresidentofIndianJournalist'sAssociation
80. MukulMudgal:appointedasthenewchairpersonofBroadcastingContentComplaintsCouncil(BCCC)
81. R.K.Tiwari:appointedasthenewchairmanofCentralBoardofDirectTaxes(CBDT).HesucceedChairpersonSudha
Sharma.
82. PoonamKhetrapalSingh:appointedasRegionalDirectorofWorldHealthOrganisation(WHO)South‐EastAsiaRegion
83. JusticeAshokKumarMathur:appointedChairmanofthe7thPayCommission
84. AkhileshDasGuptare‐electedpresidentoftheBadmintonAssociationofIndia(BAI)
85. NRamachandran:NewPresidentofIndianOlympicAssociation(IOA)
86. ArvindRanjan:appointednewChiefofCentralIndustrialSecurityForce(CISF)
87. JNChoudhury:appointednewChiefofNationalSecurityGuard(NSG).
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 17 NewAppointmentinWorld
1. EmmaWatson,theBritishActressappointedastheGoodwillAmbassadorforUNWomen.
2. MichelleHowardbecamethefirstfemalefour‐staradmiralinUSNavy.Sheisthefirstwomenadmiralin236yearold
historyofUSNavy.
3. Jean‐ClaudeJuncker:namedasnextEuropeanCommissionpresident
4. ChungHungWonretainedasPrimeMinisterofSouthKorea.
5. MustafaKamal:appointedNewPresidentofInternationalCricketCouncil(ICC).
Note:MustafaKamalhasbecomethefirstfromBangladeshtobepresidentofInternationalCricketCouncil(ICC).
6. NSrinivasan:appointedfirstchairmanofInternationalCricketCouncil(ICC).
7. JuanManuelSantosre‐electedColombiapresident.
8. Uganda’sForeignAffairsMinister,SamKahambaKutesaelectedPresidentforthe69thSessionofUnitedNations
GeneralAssembly(UNGA).HereplacedJohnWilliamAshe.
Note:UnitedNationsGeneralAssembly(UNGA)comprises193membernations.
9. Indian‐originjudgeVKRajahappointedas8thAttorney‐GeneralofSingapore.
10. ReuvenRubyRivlinelectedas10thpresidentofIsrael.HesucceedShimonPeres.
11. PrinceZeidalHussein(Jordan’sambassador)nominatedasU.N.HighCommissionerforHumanRights
12. Basharal‐Assad:electedSyriaPresidentforthirdtime
13. DaliaGrybauskaite:newPresidentofLithuania
14. PeterMutharikaisnewMalawipresident
15. AbdelFattahAlSissi–newPresidentofEgypt
16. JacobZumasworninasSouthAfrica'sPresidentforsecond
term
17. PetroPoroshenko:NewPresidentofUkraine
18. HiroshiNakaappointedasVicePresidentandAuditorGeneral
ofWorldBank.
19. KathleenStephensNamedInterimUSAmbassadortoIndia.
20. Maj.Gen.KristinLundappointedfirstwomantoleadUNforce.ShereplaceChineseMaj.Gen.ChaoLiu.
21. NiwatthamrongBoonsongpaisan.NewinterimPMofThailand:Note:Ms.YingluckshinawatraandnineCabinet
memberswereforcedtostepdownbytheConstitutionalCourt,whichfoundherguiltyofabuseofpower.
22. AhmedMaiteeg:NewPMofLibya
23. JuanCarlos:NewPresidentofPanama
24. RajeevSuri:NewNokiaCEO&President
25. AbdelazizBouteflika:NewPresidentofAlgeria
26. ViktorOrban:Newre‐electedPMofHungary
27. ManuelValls:NewPrimeMinisterofFrance
28. Marie‐LousieColeiroPreca:NewPresidentofMalta
29. JosephMuscat:PMofMalta
30. IbrahimMahlab:NewPrimeMinisterofEgypt.IbrahimMahlabreplaceHazemel‐Beblawi.
31. MichelleBachelet:NewPresidentofChile
32. MatteoRenzi:NewItaly'syoungestPM.Heisthe39‐year‐oldleaderoftheCentre‐LeftDemocraticParty,
33. ArseniyYatsenyuk:NewPrimeministerofUkraine
34. SushilKoirala:NewPMofNepal.HereplacedKhil‐Raj‐Regmi.
35. JohnThompson:NewChairmanofMicrosoft.HesucceededBillGates
36. SatyaNadella:NewCEOofMicrosoft.HereplacedSteveBallmerandhetakesoverasthethirdCEOoftheMicrosoftfirm.
37. MarcoLambertiniappointedasdirector‐generalofWWF(WorldWideFundforNature)International
38. JensStoltenberg:NewSecretaryGeneralofNorthAtlanticTreatyOrganisation(NATO).Hereplacestheincumbent
SecretaryGeneralAndersFoghRasmussen.
39. SheikhHasina:NewPMofBangladesh.ShebelongstoAwamiLeagueparty.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 18 40. JanetYellen:NewchairmanoftheFederalReserve.ShesucceedsChairmanBenBernanke.
JanetYellen,thefirstwomantochairtheFederalReserveinits
100‐yearhistory.FederalReserveisthenameoftheCentral
BankofUS.
41. AbdulBasit:NewPakistanienvoytoIndia:Hereplaces
SalmanBashir.
42. AizazChaudhry:NewForeignSecretaryofPakistan
43. JalilAbbasJilani:NewPakistaniAmbassadortoUS
44. SumithNakandala:FirstSecretaryGeneralofBIMSTEC
45. AngelaMerkel:beginsthirdinningsasGermanchancellor.
46. AbdiweliSheikhAhmed:NewPrimeMinisterofSomalia.
(MogadishuistheCapitalSomalia).
47. AshrafJehan:FirstfemalejudgeinPak’sNationalShariaCourt
SUMMIT
1. BRICSsummit
 Country:Brazil,Russia,India,China,South‐Africa.
 5thSummit2013:(Durban)SouthAfrica:
 6thBRICSSummit2014:tobeheldinFortaleza,Brazil
from15‐17July2014.
2. Nuclearsecuritysummit
 2ndSummit2012–Seoul,SouthKorea.
 3rdSummit2014:Hague,Netherland
 4thSummit2016:UnitedStates
3. G8Summit:
 39thSummit2013:UnitedKingdom.(NorthernIreland)
 G‐8Countries:Canada,France,Germany,Italy,Japan,Russia,BritainandtheUS
 40thG‐7summit2014heldatBrussels.
Note:ItwasthefirsttimethattheEUhostedaG7summit.ThesummitisjointlyrepresentedbytheEuropean
CouncilPresidentHermanvanRompuyandtheEuropeanCommissionPresident.
Note:Originally,aG8summitwasscheduledtotakeplaceinSochi(Russia)inearlyJune2014underaRussian
presidency.DuetotheRussianFederation'sviolationofUkraine'ssovereigntyandterritorialintegrity,theG7
leadersdecidedtomeetinBrusselson4‐5June2014intheG7formatinstead.
4. G20Summit:
 G‐20meeting(2014)ofFinanceministersandcentralbankgovernorsheldinSydney(Australia).
 G20LeadersSummit(2014)willbeheldinBrisbane,Queensland(Australia,inNovember2014.
5. SAARCSummit:
 3rdSAARCministerialmeetonpovertyalleviation2013–Kathmandu(Nepal)
 18thSAARCSummit2014‐Kathmandu(proposed)
6. NATOSummit‐NATOSummit2014willbeheldinBritain.(Britainlasthostedthesummitin1990,whenMargret
ThatcherwasPrimeMinister).
7. BIMSTECSummit
 3rdBIMSTECsummit2014:NayPyiTaw(Myanmar)
 4thBIMSTECsummitwillbeheldinNepal.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 19 Note:BIMSTEC(BayofBangalInitiativeforMultisectoralTechnicalandEconomicCooperation)
BIMSTECincludes7countries:Bangladesh,India,Myanmar,SriLanka,Thailand,BhutanandNepalandaimstocreate
cooperationinmultiplesectorsincludingtrade,investmentandenergy.
8. NAMSummit:
 16thSummit2013:Tehran,Iran
 17thSummit2015‐Caracas(Venezuela)
Note:Twonations,namelyAzerbaijanRepublicandFiji,wereacceptedasthenewmembersoftheorganization.
NewMember
 UnitedNation–SouthSudannewmembercountry.Total–
193members
 WTO–Tajikistannewmembercountry.Total–159
members.
 WorldBank&IMF–SouthSudannewmembercountry.
Total–188members
 EuropeanUnion–Croatianewmembercountry.Total–28
9. 6thInternationalNuclearEnergyForumATOMEXPO‐2014heldinMoscow
10. WorldEconomicForum2014:heldinAbuja(Nigeria).BhartiEnterprisesfounderandChairmanSunilBhartiMittalco
–chairthisyear’seditionoftheWorldEconomicForumonAfrica.
11. India,SriLankaandMaldivesheldNationalSecurityAdvisor‐levelmeetingonmaritimesecuritycooperationinNewDelhi.
12. WorldTelecommunicationsDevelopmentConferenceheldinDubai.
13. TheGreenEconomySummitheldinDubai.
14. ArabSummit2014:KuwaithosttheArabsummitforthefirsttime
15. The9thWTOMinisterialConferencewasconcludedon6December2013atBali,Indonesia.
16. 12thPravasiBharatiyaDivas2014heldinNewDelhi.Thisyear'sthemeis"EngagingDiaspora:ConnectingAcross
Generations"
DatukSeriGPalanivalistheChiefGuestof12thPravasiBharatiyaDivas
PointsToRemember:
MOUs‐DealbetweenIndia&OtherCountries
1. IndiaandUnitedKingdomdecidedtolaunchnegotiationsforcivilnuclearcooperation.
2. Indiahascommitted8.5billionrupeestoBhutanforSmallDevelopmentProjectforthecountry’sthe11thFiveYearPlan.
3. IranandJapansignedaMemorandumofUnderstanding(MoU)forbilateralcooperationonenvironmentalissuesin
Tokyo.
4. India,Azerbaijan:toexploreopportunitiesinenergysector
5. IndiaandCanadahavesignedthreeMoUsforcooperationinhealthsector,audio‐visualco‐productionandskill
development.
6. India,PolandagreetoformJointWorkingGroupforcooperationinfilmssector.
7. IndiaandBhutanhavesignedanagreementondevelopmentofhydropowerprojects.
8. IndiaandGermanycouldsignanagreementfor€1billionforGreenfieldprojects
9. IndiaandMaldivesinkseveralpactsandhaveagreedtojointlypatrolandconductsurveillancetostrengthenmaritime
securityintheIndianOceanRegion.
10. IndiahassignedaRs4,000‐croredealwiththeUSforprocuringsixmoreC‐130JSuperHerculesSpecialOperations
aircraftfortheIndianAirForce.
11. ElectionCommissionsignsMoUwithYemen.IndiahasoffereditsexpertisetoYemeninelectionmanagementand
electoralrollpreparations.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 20 Scheme&PlanLaunchedbyUnion&StateGovernment:
1. PradhanMantriGramSinchaiYojana:Toboostagriculturalyield,Govt.isgoingtolaunch'PradhanMantriGramSinchai
Yojana'inthecountry.
2. MahatmaGandhiPravasiSurakshaYojana(MGPSY)waslaunchedintheUAE.AleadingIndianfinancialandhealthcare
serviceplayerhastiedupwiththeUAEExchangetoofferMahatmaGandhiPravasiSurakshaYojanaSchemeintheGulf
country.
AboutMahatmaGandhiPravasiSurakshaYojana(MGPSY)
i.MahatmaGandhiPravasiSurakshaYojana(MGPSY)Schemeisapensionandlifeinsuranceschemeandisrecognisedby
theIndiangovernment.
3. TamilNadulaunchesfreeCFLbulbscheme:UndertheschemestateGovtwillprovidefreecompactfluorescentlight
bulbstoover14lakhhut‐dwellersintheState,anenergysavingmeasureaimedatsaving40MWofpower.
4. Centrelaunchese‐inclusionprojecttospreade‐literacy.Theprojectisaninitiativetomakeatleastoneindividualin
everyhouseholde‐literate,undertheproject,economicallyweakersectionsofthesocietyincludingruralSC,STand
womenwillreceiveITtraining.
5. ProjectUddan:Theproject,aninitiativeofthePrimeMinister,theNationalSkillsDevelopmentCorporationandthe
MinistryofHomeAffairsandindustry,wasstartedwiththeaimofprovidingskillsto40,000youthoveraperiodoffive
years.
6. RaniLaxmiBaiPensionScheme:'specialpension'toMuzaffarnagarriotvictimsbyU.P.Govt.Thepension,whichwould
beanywherebetweenRs400andRs500,wouldbegivenunderthisscheme.
7. BhagatPuranSinghSehatBeemaYojna(BPSSBY)HealthcareschemeforBPLfamilieslaunchedinPunjab
8. 'Roshini'Scheme:Centrelaunchedskilldevelopmentandjobplacementscheme'Roshini'forruralyouthandwomenin
maoistaffected24districtsin9states.
9. RajivGandhiJeevandayeeArogyaYojana(healthinsurancescheme)waslaunchedinMaharashtra.
Awards&Honours
1. JnanpithAward2013:NotedHindipoetKedarnathSinghhasbeenchosenfortheprestigiousJnanpithawardfor2013.
Hewillbetherecipientofthe49thJnanpithaward.
2. PenPinterprize2014:SalmanRushdiewinsPenPinterprizeforhisoutstandingliteraryoutputandsupportforfreedom
ofexpression.
3. WorldFoodPrize2014:India‐bornplantscientistSanjayaRajaramhasbeennamedthewinneroftheWorldFoodPrize
forhisbreakthroughachievementinincreasingglobalwheatproductionbymorethan200milliontonnesfollowingthe
GreenRevolution.
4. MoortideviAward2013:CRadhakrishnanselectedforMoortideviAward2013.Hehasbeenselectedforhis
novelTheekkadalKatanhuThirumadhuram.
Note:i.RadhakrishnanisthesecondMalayalamwritertobeawardedwiththeMoortideviaward.ThefirstMalayalam
authortowintheawardwasAkkithamAchuthanNamboothiriin2009forhisselectedpoems.
ii.HaraprasadDaswasconferredtheMoortideviAwardfor2012for'Vamsha,apoeticrecreationoftheMahabharata
5. SudarsanPattnaikwonprizeatWorldCupofSandSculpting‐2014.HewonprizeforhisworkSaveTree,Savethe
Future.
6. MalalaYousafzaiwinsLibertyMedalfromtheNationalConstitutionCentreinPhiladelphia.
7. FrancehonourShahrukhKhanwithLegionofHonour
Note:TheawardofOfficierdelaLegiond'Honneur(OfficeroftheLegionofHonour)isthehighesthonouramongCivilians
andMilitarybestowedbyFranceonFrenchcitizenaswellasforeigners.
8. GroHarlemBrundtlandawardedwiththefirstTangPrizeinsustainabledevelopment.
9. FormerTATAGroupChairmanRatanTatareceivedanhonorarydoctoroflawsdegreefromYorkUniversityin
Toronto,Canada.
10. IndianoriginphysicistTejinderVirdeewashonouredknighthoodBachelorbyQueenElizabethII.Hewasawardedfor
hisworkontheHiggsBosontheory.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 21 11. GMRwinsarbitrationawardagainstMaldiviangovt:IndianinfrastructuregiantGMRhaswonthearbitrationaward
againstMaldiviangovernmentforwrongfulterminationofAirportprojectcontract.
12. LifetimeAchievementAward’:LeadingNRIindustrialistLordSwrajPaulhasbeenhonouredwiththe‘Lifetime
AchievementAward’byaUK‐basedbusinessassociationforhisoutstandingcontributiontotheindustry,educationand
philanthropy.
13. IrishauthorEimearMcBridewonthe2014Bailey'sWomen'sPrizeforFictionforherfirstnovelAGirlisaHalf‐Formed
Thing.
14. ProjectMobileSevaunderDeitYwonthe2014UnitedNationsPublicServiceAward
Note:TheprojectMobileSevaunderDepartmentofElectronicsandInformationTechnology(DeitY)wonsecondrankin
the2014UnitedNationsPublicServiceAward.DepartmentofElectronicsandInformationTechnologycomesunder
MinistryofInformationandTechnology.
15. GoldmanPrizeforenvironmentalactivistRameshAgrawal.Hereceivedtheprizeforhelpingvillagersfightcoalmining
inChhattisgarh.
16. CaparoGroupfoundedbyleadingNRIindustrialistLordSwrajPaulhaswontheInternationalBusinessoftheYear
award2014
17. GoldenPeacockAwards2014:TechnoparkTechnology
BusinessIncubator(T‐TBI)waschosenfortheSpecial
CommendationattheGoldenPeacockNationalTraining
Awards2014.
18. BharatRatnaAward:SachinTendulkarandCNRao
conferredBharatRatnaAward2013.
Note:TendulkaristhefirstsportsmanandtheyoungestrecipientofthetheBharatRatna
ii.ProfRaoisawellrecognizedinternationalauthorityonsolidstateandmaterialschemistryisthethirdscientistto
receivedawardafterCVRamanandformerPresidentA.P.JAbdulKalam.
iii.TheBharatRatnawasannouncedafteragapoffouryearswithHindustanimusicdoyenBhimsenJoshibeingthelast
recipientin2009.
19. DadasahebPhalkeAward2013:VeteranpoetandfilmlyricistGulzarhasbeenchosenforthecovetedDadasaheb
PhalkeAwardfor2013.Heisthe45thwinneroftheDadasahebPhalkeAward.
20. PulitzerPrize2014:India‐bornpoetVijaySeshadrihaswontheprestigious2014PulitzerPrizeinthepoetrycategory
forhiswork'3Sections'.
21. DonnaTarttwinsfictionPulitzerPrize2014fornovel'Goldfinch'
22. MissIndia2014:KoyalRananewMissIndia.
23. GandhiPeacePrizefor2013:EminentGandhianandenvironmentalistChandiPrasadBhatselectedfortheaward.
Note:ApioneeroftheChipkoMovementforwhichhewasalsoawardedtheMagsaysayAwardin1982,Mr.Bhattwas
giventhePadmaBhushanbyUPA‐Iin2005.
24. SaraswatiSamman2013:GovindMishraselectedforforhisbookDhoolPaudhoPar.
25. PritzkerPrize2014:JapanesearchitectShigeruBanwonthePritzkerArchitecturePrize2014.Hewontheawardforhis
creativeandinexpensivedesignsfordisasterreliefshelters.
26. AbelPrize2014:RussianmathematicianYakovGrigorevichSinaiwontheaward.
27. Laxmi,anacidattackvictimgetsInternationalWomenofCourageAward(UShonour).
28. VyasSamman2013:VishwanathTripathibeenselectedfortheprestigiousVyasSammanfortheyear2013.
Note:Tripathihasbeenchosenforthecovetedannualliteraryawardinstitutedin1991bytheKKBirlaFoundationforhis
memoir'VyomkeshDarvesh',abiolgraphyofnotedHindischolarAcharyaHazariPrasadDwivedi.
29. GDBirlaAward2013:RajeshGopakumarwasselectedforthe23rdGDBirlaAwardforscientificresearchfortheyear
2013.
30. MSSubbulakshmiAward2014:MathangiSathyamurthy,Karnatakamusicianwasselectedfortheaward.
31. Britain'shighestawards:RatanTata,formerchairmanoftheTataGrouphonouredbyQueenElizabethwithaGBE
(KnightGrandCross),whichisoneofthehighestcivilianhonoursinBritain.
32. LuisSuareznamedasProfessionalFootballers'AssociationPlayeroftheYear.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 22 33. MSDhoniwonUnitedKingdom’s2014Asianawardfor
outstandingachievementinSports.
34. ShikharDhawannamedoneofWisden'sFiveCricketersofthe
Yearaward.
35. SachinTendulkarwonCricketerofgenerationaward
36. TomasHalik,theCzechpriestwontheTempletonPrizefor2014.
37. HindustanAeronauticsLtd(HAL)receivedtheMostEfficient
NavratnaAwardfortheyear2013.
38. AnandKumar,thefounderofSuper30got2014Ramanujan
Mathematicsaward
39. IndianWriterPankajMishrawonWindhamCampbellLiterature
Prize2014
40. AustralianpacerMitchellJohnsonwonthecovetedAllanBorder
medal.
41. CyrusMistrywinsDSCPrize2014forSouthAsianliteraturefor
hisbook“ChroniclesofaCorpseBearer”.
42. GermanygoalkeeperNadineAngererhasbeennamedthebest
women'sfootballplayerintheworldfor2013.
43. SunilGangopadhyayMemorialAwardof2012and2013:two
eminentBengalipoets,namelyNirendranathChakrabortyand
SankhaGhosh,respectively.
44. C.K.Nayuduaward:FormerIndiacaptainKapilDevreceivedthe
Col.C.K.NayuduLifetimeAchievementAwardfor2013.
OscarAward2014:
BestFilm‐12YearsaSlave–DirectedbySteveMcQueen
BestActor‐MatthewMcConaugheyfor:DallasBuyersClub
BestActress‐CateBlanchettfor:BlueJasmine
BestDirector‐AlfonsoCuarónforGravity
BestActorinaSupportingRole‐JaredLetofor:DallasBuyersClub
BestActressinaSupportingRole‐LupitaNyong'ofor12YearsaSlave
BestForeignLanguageFilm‐TheGreatBeauty(Italy)
Note:"Gravity"pulledin7Oscars,includingbestdirector,atthe86thAcademyAwardsonMarch2,2014.
61stNationalFilmAwards:
BestFilm:'ShipofTheseus'–Director–AnandGandhi
BestActor:RajkumarRaofor'Shahid'andSurajVenjaramuduandVenajaramooduforMalayalammovie'Perariyathavar'
BestActress:GeetanjaliThapaforLiarsDice
BestDirectorAward:PranjalDuafor'ChidiyaUd'(Hindi)
BestPopularFilmprovidingWholesomeEntertainment:'BhaagMilkhaBhaag'
BestFilmonSocialIssues:'TojiaDharmKauncha'
BestNonFeatureFilm:'Rangbhoomi'
BestSupportingActor:SaurabhShukla,'JollyLLB'
Note:'CinemaKaCinema'gottheBestBookonCinema,whiletheBestFilmCriticawardwenttoAlkaSahania
DirectorofFilm'Shahid'–HansalMehta
DirectorofFilm'JollyLLB'–SubhashKapoor
DirectorofFilmLiarsDice–GeetuMohandas
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 23 PersoninNews:
1. AndyCoulson:gets18‐monthjailforphonehacking.CoulsonwastheeditoroftheNewsoftheWorld.
Note:NewsoftheWorldwasanationalredtopnewspaperpublishedintheUnitedKingdomfrom1843to2011.Itwasat
onetimethebiggestsellingEnglishlanguagenewspaperintheworld,andatclosurestillhadoneofthehighestEnglish
languagecirculations
2. LouVincent:NewZealand'scricketerLouVincentGetsLifeBanforMatch‐Fixing.
3. LuisSuarez:FIFAbannedUruguaystrikerLuisSuarezfromallfootballactivitiesforfourmonths.
Note:SuarezbittheshoulderofItalydefenderGiorgioChielliniduringUruguay’s1‐0wininthegroupstagematch.
4. MohammadAshraful:FormerCaptainofBangladeshbannedforeightyears.
Note:HewasfoundguiltyonfourchargesoffixingmatchesinBangladeshPremierLeagueof2013.
5. DineshSingh:DelhiUniversityVice‐Chancellorresigns
6. BVWanchoo:GoaGovernorresigned
7. MKNarayanan:WestBengalGovernorresigned
8. BLJoshi:UttarPradeshGovernorresigned.
9. YuichiNishimura:Japan’sYuichiNishimuraisrefereeinopeningmatchoftheWFIFAWorldCupbetweenhostsBrazil
andCroatiainSaoPaulo.
10. DilipShanghvinamedamongAsia’srichestself‐madebillionaires.
11. ManojVaish,ManagingDirector&CEOofMultiCommodityExchangeofIndiaLtd(MCX),resigned.
12. PElangointerimCEO&WholetimeDirector,quitfromCairnIndia.
13. AamirKhan–ElectionCommission’sNationalIconforLokSabhaElections2014
14. ArjunKapoorNamedNationalAmbassadorforEarthHour2014
15. NancyPowellresignedastheUSAmbassadortoIndia
16. PrimeMinisterofKazakhstanSerikAkhmetovhasresigned
17. JusticeKTThomasquitsasheadofLokpalsearchcommittee
18. HazemEl‐Beblawi:EgyptianPMresigns.
19. ZakaAshraf:PrimeMinisterNawazSharifsackedZakaAshrafastheChairmanofthePCB
20. JamilaBayaz,firstwomentobeappointedpolicechiefofKabulprovince.SheisthefirstwomaninAfghanistantobe
appointedaspolicechiefofanentiredistrict.
Books&TheirAuthors
1. TheSubstanceandtheShadow:writtenbyUdayTaraNayar,aformerjournalist.
Note:TheSubstanceandtheShadow,thebiographyof91‐year‐oldactorDilipKumar.
2. WarriorStatewrittenbyTVPaul
3. BloodFeudwrittenbyEdwardKlein
4. ABadCharacter:authoredbyDeeptiKapoor.
5. TheGood,theBadandtheRidiculous‐KhuswantSingh
6. TrainToPakistan‐KhuswantSingh
7. AnUncertainGlory:IndiaanditsContradictions‐JeanDrezeandAmartyaSen.
8. ABrushwithLife‐SatishGujral
9. ABendintheriver‐V.S.Naipaul
10. GodofSmallthings‐ArundhatiRai
11. InheritanceofLoss‐KiranDesai.
12. JosephAnton‐SulmanRushdie(Autobiography)
13. “Khushwantnama‐TheLessonsofMyLife“–Khushwantsingh
14. Lajja‐TaslimaNasrim.
15. MyUnforgettableMemories‐MamataBanerjee
16. MyYearswithRajivandSoniawrittenbyR.D.Pradhan
17. ModiNomics:InclusiveEconomics,InclusiveGovernance:authoredbySameerKochhar.
18. CrusaderorConspirator?CoalgateandotherTruthsauthoredbyPCParakh
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 24 19. TheAccidentalPrimeMinister:TheMakingandUnmakingofManmohanSinghauthoredbyDr.SanjayaBaru
20. LalBahadurShastri:LessonsinLeadershipwrittenbyPavanChoudary.
21. RationalisedRomanforKashmiriwrittenbyDr.RLBhat
22. NarendraModi:APoliticalBiographywrittenbyAndyMarino.
23. PublicIssuesBeforeParliamentwrittenbyVijayDarda
24. ThePoliticalEconomyofEnergyandGrowthauthoredbySh.NajeebJung
25. IndiaatRisk:authoredbyJaswantSingh.
26. “Unbreakable”‐AnAutobiographybyMaryKom
27. TheLuminariesby:EleanorCatton.ShewontheManBooker
Prize2013.
28. WalkingWithGiants:authoredbyformerFinanceSecretaryG.
Ramachandran.
29. "IamMalal:authoredbyChristinaLamb.
30. TheDaVinciCode:DanBrown
LEADER”SVISITEDINIDIA
1. WilliamHague:UKForeignMinistervisitedIndia
2. LaurentFabius:FrenchForeignMinistertovisitedIndia.
3. GLPeiris:ForeignMinisterofSriLankavisitedIndia
4. WangYi:ChineseForeignMinistervisitedIndia 5. YousufbinAlawibinAbdullah:OmanForeignMinistervisitedIndia
6. KingofBahrainHamadbinIsaAlKhalifavisitedIndiaonFebruary.
7. GermanPresidentJoachimGuackvisitedIndia
8. FrenchFirstLadyValerieTrierweilervisitedInida
9. KingofBhutan,JigmeKhesarNamgyelWangchuckandQueenJetsunPemaWangchuckvisitedIndia
10. SouthKoreanPresidentParkGeun‐hyevisitedIndia.
OBITUARY
1. ZohraSehgal:VeteranBollywoodactressZohraSehgalknownforherjovialrolesinfilmslikeDilSe,KalHoNaaHo,Veer‐
Zaara,CheeniKumandSaawariyapassedaway.Shewas102.
2. GranvilleAustin,theeminentscholaroftheIndianConstitutiondiedinWashingtonDC.
3. Ramanarayanan,Tamilfilmdirectorandproducer,diedat65.
4. TelanganaShakuntala:PopularTollywoodcharacteractresspassedaway
5. GaryGilmour,formercricketerofAustraliadied
6. GopinathMunde:RuralDevelopmentMinisterpassesaway
7. IdeologistandSanskritScholarSukumariBhattacharjidied
8. FatherofMalaysianHockeySultanAzlanShahpassesaway
9. VeteranCPI(M)leaderR.Umanathpassedaway
10. MadhavMantri,acricketingdoyen,passesaway
11. VeteranCongressleaderandformerministerSitaramPrasadpassedaway
12. NSrinivasan,theveterannuclearscientistdied
13. RussyMody:ManagementguruRussyModywhowasknownforhismanmanagementwhileheheadedTataSteeland
wasawardedPadmaBushandied
14. Capt.C.P.KrishnanNair,FounderChairmanofTheLeelaPalaces,HotelsandResorts,passedaway
15. NJanardhanReddy:FormerAndhraPradeshChiefMinisterdied.
16. ElenaBaltacha:Ex‐tennisplayerdiesofcancer
17. KhaledChowdhury:Notedtheatrepersonalitydied
18. BobHoskins:Britishactordies
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 25 19. TitoVilanova,FormerBarcelonacoachVilanovadies.
20. PulitzerPrizewinningjournalistAnjaNiedringhausshotdeadinAfghanistan.
21. KhushwantSingh:Famouswriterandjournalistpassedaway
SportsNews
Tennis:
 Wimbledon2014:
1.Men’sTitle:NovakDjokovicdefeatedRogerFederertowinhissecondMen'sWimbledontitleandseventhcareer
GrandSlam.
2.Women’sTitle:PetroKvitovadefeatedEugenieBouchardtowinWimbledontitle
 FrenchOpen2014:
1.Men’sTitle:RafaelNadalclinchesrecordninthFrenchOpentitle.HedefeatedNovakDjokovicinthefinal.
Note:RafalNadalnowwon14GrandSlamsinglestitlestillnow.
2.Women’sTitle:MariaSharapovadefeatSimonaHaleptowinFrenchOpenTitlesecondtime.
Note:MariaSharapovanowwon5thGrandSlamtitle.
 AustralianOpen2014:
1.Men’sSingle:Switzerland'sStanislasWawrinkaclaimedhisfirstGrandSlamtitlebydefeatingRafaelNadal
2.Women’sSingle:LiNa(China)defeatDominikaCibulkova.LiNabecomesfirstChinesewomantoclinchtitle.
3.Women’sDoubles:ErraniandRobertaVincibeatRussia'sEkaterinaMakarovaandElenaVesnina
 MadridTitle2014:RafaelNadaldefeatKeiNishikoriinthefinaltowinthetitle.
 MonteCarloMastersTennis2014:StanislasWawrinkabeatRogerFederer.
 Miami(Sony)Open2014:
1.Men’sSingle:NovakDjokovicdominatesRafaelNadaltowinfourthMiamititle.
2.Women’sSingle:SerenaWilliamsbeatLiNatowinseventhMiamiTitle
 ItalianTennisOpen2014:
1.Women'sTitle:SerenaWilliamsdefeatedSaraErrani.
2.Men'sTitle:NovakDjokovicdefeatedRafaelNadal
Note:Manilawillhostthefirstlegofthenewlylaunched
InternationalPremierTennisLeague
 HockeyWorldCup2014:
1.Men’sTitle:AustraliadefeatedNetherlandinthefinal.
Note:Australiawonthetitleforthesecondtime,
2.Women’sTitle:NetherlanddefeatedAustraliainthefinal.
Note:Netherlandwonthetitlefortheseventhtime,
Note:Indianmen'shockeyteamrank9thinlatestwordhockeyrankings.
 IPL72014:KolkataKnightRidersdefeatKingsXIPunjabtoliftIPL7Trophyforsecondtime.
Note:ManoftheMatch–ManishPandey.
OrangeCapAward:RobinUtthapa
PurpleCapAward:MohitSharma
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 26  ICCWorldCupCricketVenue:
ODI:(OnedayInternational):
1.Australia&NewZealand:2015.
2.England‐2019
3.India‐2023
 T20:
1.Bangladesh‐2014.–SriLankadefeatIndiatowinthemaiden
title.
2.India‐2016.
3.Australia‐2020.
 Test:
1.England–2017(forfirsttime).
2.India‐2021.
 U‐19WorldCup
1.UAE–2014‐.SouthAfricadefeatedPakistantowinthe
maidentitle.
2.Bangladesh–2016
3.NewZealand–2018
4.SouthAfrica–2020
5.WestIndies‐2022
Note:ICCWomen’sWorldCup2013‐AustraliadefeatedWest
IndiesatBrabourneStadiuminMumbai.
 FIFA(Football)WorldCupvenue:‐BRQ
1.2014:Brazil
2.2018:Russia
3.2022:Qatar
 CommonwealthGamesvenues:
1.2014–Glasgow(Scotland).
2.2018–GoldCoast(Australia).
 OlympicsGamesvenues:
1.2014winter:Sochi(Russia)–Russiatopsinthemedaltallyin2014winterOlympicgames.
2.2016Summer:RiodeJaneiro(Brazil)
3.2018winter:Pyeongchang(SouthKorea)s
4.2020summer:Tokyo(Japan)
 AsianGamesvenue:
1.2014:Incheon(SouthKorea)(Note:2010AsainGamesheldinGuangzhou,China).
 Ceatawards2014:Theawardwinners:
CricketeroftheYear:ViratKohli(India);
ODIPlayeroftheYear:ShikharDhawan(India);
T20PlayeroftheYear:ShakibAlHasan(Bangladesh);
TestPlayeroftheYear:MitchellJohnson(Australia);
PopularChoiceaward:GlennMaxwell(Australia);
YoungPlayeraward:
VijayZol(Maharashtra)
DomesticCricketeroftheYear:RobinUthappa(India)
SpecialawardforIndianPlayeroftheYear:RAshwin(India)
LifetimeAchievementaward:SyedKirmani(India).
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 27 1. MaryleboneCricketClubXIwonthematchplayedtocelebrate200‐years(bi‐centenary)ofLord’sCricketGround–the
HomeofCricket.SachinTendulkar‐ledMCCXIbeatShaneWarne‐ledRestoftheWorldXIinLord’sinLondon,UK.
2. NovakDjokovicbecomesworldnumberoneafterWimbledonvictory.
ATPtop5asofJuly7
1.NovakDjokovic
2.(1)RafaelNadal 3.RogerFederer
4.StanWawrinka
5.TomasBerdych
3. SerenaWilliamsoftheUnitedStateshasretainedtopspotinthelatestworldrankingsreleasedbytheWTA.
WTAtop5asofJuly7
1.SerenaWilliams.2.LiNa,China3.SimonaHalep
4.PetraKvitova5.AgnieszkaRadwanska,
4. JituRaiistheworld’sNo1airpistolshooter:AfterwinningthreemedalsintheISSFWorldCupsinMunichand
Sloveniarecently,in‐formIndianshooterJituRaiachievedtheworld’snumberonerankinginairpistolevent.
5. SainaNehwaldefeatedCarolinaMarinofSpaintowinAustralianOpenSuperSeriestitle
6. WorldNumberoneMagnusCarlsenbaggedtheFIDEWorldRapidChessChampionshiptitleinDubai.
Note:AremianFabianiCaruanacamesecondwhileIndia’sVishwanathanAnandwonthebronzemedalatthethird
placeinthetournament.
7. NicoRosbergwinsAustrianGrandPrixTitle2014.
8. 35thNationalGamestobeheldinKeralanextyear.
Note:SachinTendulkaristhebrandambassadorof35thNationalGames.
9. PankajAdvaniwinshismaidenIBSF6‐RedWorldSnookertitleinEgypt
10. DipikaPallikal&JoshanaChinapawinwomen'sSquashdoublestitleinMalaysia.
11. Left‐armspinnerMuraliKartikannouncedhisretirementfromallformsofcricket.
12. SardarSinghtoleadIndianHockeyTeaminCommonwealthGames.
13. JituRaibecamefirstIndianshootertowinthreemedalsin
successiveISSFShootingWorldCup.
14. JituRaiwonSilvermedalin10mairpistolatMunichShooting
WorldCup.
15. IndiabeatSouthKorea3‐0,tofinishninthinhockeyWC.s
16. ChinadefeatedJapantowonUberCup2014ofbadminton
17. JapandefeatedMalaysiatoliftmaidenThomasCup
Badmintontrophy2014.
18. JapanbeatAustraliainWomen'sAsianCupFootballfinal.
19. IndianbattingstarViratKohlihasbeenratedsecondbehindBritishFormulaOneracerLewisHamiltoninthelistofmost
marketableathletesbytheUKmagazine,'SportsPro'.
20. SnookerChampionChitranominatedforArjunaAwards2014
21. MadhyaPradeshHockeyAcademy(MPHA)defeatedJharkhand5‐2towinthefourthHockeyIndiaSub‐JuniorGirls
NationalChampionship(DivisionA)inPune
22. MercedesdriverNicoRosbergofGermanywonMonacoGrandPrixofFormulaOne
23. HashimAmlaappointedasnewtestcaptainofSouthAfricancricketteam.
24. AbdeVilliersnamedSouthAfricanCricketeroftheYear
25. TriplejumperArpinderSinghbreaksnationalrecord,qualifiesforGlasgowCommonwealthGames
26. DanielRicciardowontheCanadianGrandPrix2014.
27. Women’sWorldT202014:AustraliadefeatEnglandinthefinaltowinthetitleforthethirdtimeinarow.
28. AsiaCupTitle2014:SriLankadefeatPakistantowinthetitle.
29. RanjiTrophy2014.KarnatakabeatMaharashtratoliftthetitle.Karnatakahavewonthetrophyforseventhtime.
30. IraniTrophy2014:KarnatakawonbydefeatingRestofIndia.
31. IndiaclaimU‐19AsiaCuptitlebydefeatingPakistaninfinal
32. VijayHazareTrophy2014:KarnatakawonthetitlebydefeatingRailways
33. GrantFlowernamedasPakistanbattingcoach.
34. 68thSantoshTrophy:MizoramdefeatRailwaystowinthetitle.
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 28 Note:ThisisthemaidenSantoshTrophyforMizoramalsothiswasthefirstappearancefortheminthefinalmatch.
35. PankajAdvaniwonCCIBiliardstitle.Hedefeatedtwo‐timeworldrunner‐upDhruvSitwala
36. NationalWomen'sFootballchampions2014:ManipurdefeatedOrissainthefinal.
37. DeodharTrophy2014:WestZoneliftedthetrophyafterdefeatingNorthZoneinthefinal
38. MalaysianGrandPrix2014:Britain'sLewisHamiltonwonthetitle.
39. SyedMushtaqAliT20trophy:BarodabeatUttarPradeshtowinthetrophy.
40. WorldSnookertitle2014:MarkSelbyofEnglandwonmaidentitle.
41. ViratKohliisnumber1ODIbatsmaninlatestICCrankings
42. SaeedAjmaltopbowlersinODIranking.HeisfollowedbyDaleSteynandSunilNarinwhileRavindraJadejaisatfourth.
43. ChitraMagimairajWinsWorldWomen'sSeniorsnookertitle
44. PunjabwonJuniorNationalHockeyTitle2014bydefeatingOdishainthefinal.
45. NovakDjokovicwonIndianWellsfinalbydefeatingRogerFederer.
46. India'sHeenaSidhuclinchedWorld'sNo.1spotin10mtsairpistolevent.
47. USsprintstarTysonGayhasreceivedaone‐yeardopingbanfromtheUSAnti‐DopingAssociation.
48. DarrenSammyretiresfromtestcricketbutremainsT20captain.
49. RonnieO’SullivannamedasSnooker’sPlayeroftheYear.
50. LasithMalinga,newcaptainofSriLankaT20team
51. NewZealand'sKiwiKathyCrossbecamethefirstwomantobeinductedinanICCumpires'panel
52. SainaNehwalwonSyedModiInternationalIndiaGrandPrixGoldbadmintoncrownbydefeatingPVSindhuinLucknow.
53. DelhiWaveridersbeatJaypeePunjabWarriorstolifts2ndeditionofHockeyIndiaLeaguecup.
54. NetherlandsbeatNewZealandtowinmaidenHeroHockeyWorldLeaguetitle
55. AdityaJoshiisworldNo.1juniorshuttler.
56. IndiadefeatPakistantoliftKabaddiWorldCup2013title.
57. IndiadefeatNewZealandtowinWomen'sKabaddiWorldCup2013forthethirdtimeinarow
NewsRelatedToDefence&Technology
1.
2.
3.
4.
5.
6.
7.
IndiasuccessfullylaunchedPSLVC‐23with5satellites:ISROsuccessfullylaunched5foreignsatellitesfromfour
countriesonboardPSLV‐C23rocketwhichplacedtheminorbit.
TherocketwaslaunchedfromSatishDhawanSpaceCentreinSriharikota.ISRO’sPolarSatelliteLaunchVehiclePSLV‐C23
placedallfivesatellitesintotheirrespectiveorbits.
Note:
i.SPOT7:Frenchsatellite,itwillbepartoftheexistingEarthobservationsatellite.IthasbeenbuiltbyEuropeanspace
technologycompanyAirbusDefenceandSpace.
ii.AISAT:Germannano‐satellite,tofocusontheglobalsea‐trafficmonitoringsystemwithspecialemphasisonhightraffic
zonesusingAISsignals.
iii.NLS7.1andNLS7.2:Canadiansatellite,theywillperformTwo‐spacecraftprecisionformationflyingusingdifferential
GPSwithcentimetre‐levelrelativepositionandsub‐metrelevelaccuratepositioncontrolsystem.
iv.VELOX‐1:Singaporeansatellite,itisatechnologydemonstratorforin‐housedesignofimagesensor,MEMS‐based
attitudedeterminationandcontrolsystemandinter‐satelliteRFlink.
Indiasuccessfullytest‐firedanadvancedversionofthe290‐kmrangeBrahMossupersoniccruisemissilefrom
Chandipur‐on‐SeaoffOdishacoast.
Bolivialaunchedcountry’sfirsttelecommunicationsSatelliteTupakKatari
Note:CapitalofBolivia:Sucre,President:EvoMorales
IRNSS—1A,IRNSS‐1B‐India'snavigationsatellite.
PakistansuccessfullytestfiresHaft‐III(Ghaznavi)ShortRangeSurfacetoSurfaceBallisticMissile.Range290km
Indo‐NepaljointmilitaryexerciseEx‐SuryaKiranDrillsVIheldatSaljhandiinRupandehidistrict.
Thelargest130‐MWSolarPowerPlantofIndiaWelspunSolarMPProjectwaslaunchedatBhagwanpurinNeemuch,
MadhyaPradesh
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 29 8. NTPCsignedaMemorandumofUnderstanding(MoU)withBiharStatePowerGenerationCompanyLimited(BSPGCL)and
LakhisaraiBijleeCompanyPrivateLimited(LBCPL)todevelopa1320MW(2X660MW)ThermalPowerProjectatKajra
inLakhisaraidistrictofBihar.
9. NathpaJhakriHydroPowerStationawardedagoldshieldon4February2014foritsmeritoriousperformancein2013‐
14.NathpaHydropowerStationconsecutivelythirdtimereceivedtheaward.
Note:TheNathpaJhakriDamisaconcretegravitydamontheSatlujRiverinHimachalPradesh.
10. INSVikramadityaentersIndianNavy'sareaofoperation.INSVikramaditya(R33)isaProjectwhichenteredintoservice
withtheIndianNavyin2013.TheshiphasbeenrenamedinhonourofVikramaditya,alegendary1stcenturyBCemperor
ofUjjain,India.
11. FastPatrolVesselAbhinav,theIndianCoastGuardShipcommissionedinKochi
12. GSLV‐D5launchplacesIndiaineliteleagueoftheU.S.,Russia,France,JapanandChinaTheGSLVisdesignedtoinjectits
passengerspacecraftintotheintendedGeosynchronousTransferOrbitwithacombinationofsolid,earth‐storableliquid
andcryogenicpropellantsinitsfirst,secondandthirdstages,respectively.
13. IndianmissiontoMarsblastsoffsuccessfully.TheMars
OrbiterMission,knownas"Mangalyaan".
Note:i.OnlytheUnitedStates,RussiaandtheEuropeanSpace
Agencyhavebeensuccessfulinthismission.
ii.TheUnitedStatesistheonlynationthathassuccessfully
sentroboticexplorerstolandonMars,themostrecentbeing
CuriositywhichtoucheddowninAugust2012.
14. IRNSS‐1A,India'sfirsteverdedicatedNavigationsatellitelaunchedblastedofffromtheSatishDhawanSpaceCentrein
Sriharikota.
15. INSVikramadityajoinIndianNavy.INSVikramadityaisaKievclassaircraftcarrierwhichwascommissionedby
RussianNavyin1987underthenameBaku.
16. Missiles:
1.Nuclear‐capable'Agni‐V'testedforsecondtime.'Agni‐V'long‐rangeballisticmissile.strikerangeofmorethan5000km
Note:IntheAgni(SurfacetoSurfacemissile)series,IndiaatpresenthasAgni‐1with700kmrange,Agni‐2with2000km
range,Agni‐3andAgni‐4with2500kmtomorethan3500range.Agni–Vmorethan5000km
Prithvi:
1.PrithviI‐150km2.PrithviII‐350km 3.PrithviIII‐350km‐600km
ImportantDamsinIndia:
 TehriDam:onBhagirathiRiver,Uttarakhand
 BhakranangalDam:onSutlejRiver,PunjabandHimachal
Pradesh.
 HirakudDam:onMahanadiRiver,Orissa
 NagarjunasagarDam:onKrishnaRiver,AndhraPradesh
 SardarSarovarDam:onNarmadaRiver,Gujarat
NuclearpowerplantsinIndia:







Naroraatomicpowerplant‐Narora,UP
Rajasthanatomicpowerplant:Rawatbhatta,Rajasthan
Tarapuratomicpowerplant‐Maharashtra
Kakarparatomicpowerplant‐Gujarat
Madrasatomicpowerplant‐Tamilnadu
Kaigaatomicpowerplant‐Karnataka
Kundankullam:TamilNadu
FolkdancesinIndia









Bhangra:Punjab.
Changu:OdissaandAndhraPradesh
Gair:Rajasthan.
Garba:Gujarat.
Ghoomar:Rajasthan.
Karagam:TamilNadu.
Dumhal:Kashmir.
Lavani:Maharashtra
Odissi:Orissa
ClassicaldancesinIndia







Kathak:UttarPradesh.
Bihu:Assam
BharatNatyam:TamilNadu..
Kuchipudi:AndhraPradesh.
Kathakali:Kerala.
Chhau:Orissa,BiharandWestBengal
Rauf–Jammu&Kashmir
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 30 ImportantWildlifeSanctuaryinIndia:







KazirangaWildlifeSanctuary‐Assam
ManasWildlifeSanctuary‐Assam
GirNationalPark&WildlifeSanctuary‐Gujarat
SundarbansNationalPark‐WestBengal
PeriyarNationalParkandWildlifeSanctuary–Kerala
KanhaNationalPark‐MadhyaPradesh
BandhavgarhNationalPark‐MadhyaPradesh
 RanthamboreNationalPark&WildlifeSanctuary‐
Rajasthan
 BharatpurBirdSanctuary‐Rajasthan
 TalChapparWildlifeSanctuary‐Rajasthan
 SariskaWildlifeSanctuary‐Rajasthan
 ChilkaLakeBirdSanctuary–Odissa
 NandankananZoo–Odissa
 CorbettNationalPark‐Uttrakhand
InformationbasedonAgriculture:
Top3productionstatesandcountries:
State‐
Country‐
1.UttarPradesh
1.China
State
Country‐
1.WestBengal
1.China
States‐
Country‐
1.UttarPradesh
1.Brazil
State‐
Country‐
1.WestBengal
1.India
State‐
Country‐
1.UttarPradesh
1.India
Wheat–
2. Punjab
2. India
Rice–
2.AndhraPradesh
2.India
Sugarcane–
2. TamilNadu
2.India
Jute–
2. Bihar
2.Bangladesh
Milk–
2. Rajasthan
2. UnitedStates
3. Haryana
3. USA
3. UttarPradesh
3. Indonesia
3.Maharashtra
3. China
3.Assam
3. China
3.AndhraPradesh
3. China
Cups&Trophies:
International
AzlanShahCup‐
AsiaCup–
Ashes:
AustralianOpen–
ChampionsTrophy:
CorbittonCup:
DavisCup:
Derby:
FrenchOpen– FIFAWorldCup:
JoharCup–
MerdekaCup: RyderCup:
UberCup:
ThomasCup: SharjahCup‐ National
AghaKhanCup:
C.K.NayduTrophy:
Hockey
Cricket,Hockey
Cricket
LawnTennis
Hockey/Cricket
TableTennis(Women)
LawnTennis
HorseRace
LawnTennis
Football
Hockey
Football
Golf
Badminton(Women)
Badminton(Men)
Cricket
Hockey
Cricket
DeodharTrophy:
DilipTrophy: D.C.M.Cup: DurandCup: DhyanChandTrophy: Gavaskar–BorderTrophy‐
lraniTrophy: LalBahadulShastriCup–
MCCTrophy: NehruTrophy:
RanjiTrophy: RohintonBariaTrophy:
RoversCup: SantoshTrophy:
SingerCup‐ SaharaCup‐ SubrotoCup: VijayMerchantTrophy:
WellingtonTrophy: WillsTrophy: Cricket
Cricket
Football
Football
Hockey
Cricket
Cricket
Hockey
Hockey
Hockey
Cricket
Cricket
Football
Football
Cricket
Cricket
Football
Cricket
Rowing
Cricket
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 31 HeadquarterofInternationalOrganisation
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













 UnitedNationsIndustrialDevelopmentOrganization
(UNIDO)–Vienna
 InternationalCourtOfJustice‐TheHague(Netherland)
 InternationalAtomicEnergyAgency–Vienna
 InternationalCommitteeoftheRedCross –Geneva
 InternationalMaritimeOrganisation–London
 FoodandAgriculturalOrganisation–Rome(France)
 WorldMeteorologicalOrganisation‐Geneva
 AmnestyInternational–London
 CommonwealthofNations –London
UNO
‐NewYork
UNICEF ‐NewYork
UNESCO –Paris
WHO
–Geneva
UNFPA
‐NewYork
SAARC
–Kathmandu
WorldBank‐WashingtonD.C
ADB
‐Manila
IMF
‐WashingtonDC
WTO
–Geneva(Switzerland)
OrganizationofthePetroleumExportingCountries–
(OPEC)
Vienna(Austria)
AssociationofSouthEastNations(ASEAN)–Jakarta
(Indonesia)
NATO(NorthAtlanticTreatyOrg)–Brussels(Belgium)
Asia‐PacificEconomicCooperation(APEC) –Singapore
UnitedNationsConferenceonTradeandDevelopment
(UNCTAD) –Geneva
ImportantCurrencies
Country
A
Afghanistan‐‐
Argentina‐‐
Australia‐‐‐
Austria‐‐‐‐
B
Bangladesh‐‐‐
Bhutan ‐‐‐‐
Brazil ‐‐‐
C
Canada‐‐‐‐
Chile‐‐‐‐
China ‐‐‐
Cuba ‐‐‐
D
Denmark‐‐‐
Currency
Afghan
Afghani
Peso
Dollar
European
euro
Taka
Ngultrum
Real
Dollar
Peso
Yuan
Peso
Krone
E
Egypt ‐‐‐
Pound
F
France ‐‐‐
Euro
G
Germany‐‐‐
Euro
H
HongKong‐‐‐ Dollar
I
India ‐‐‐
Rupee
Indonesia‐‐‐ Rupiah
IMF
‐‐‐
Special
DrawingRights
Iran‐‐‐
Rial
Iraq ‐‐‐
Dinar
J
Japan ‐‐‐
Yen
L
Lithuania‐‐‐ Euro
M
Malaysia‐‐‐
Ringgit
Maldives‐‐‐ Rufiyaa
Mexico ‐‐‐
Peso
N
Nepal ‐‐‐
Rupee
Netherlands‐‐ Euro
Norway‐‐
Krone
NorthKorea‐‐ Won
P
Pakistan‐‐ Rupee
Philippines‐‐‐ Peso
Portugal‐‐‐‐ Euro
Q
Qatar‐‐‐‐
Riyal
R
Russia ‐‐‐‐
Ruble
S
SaudiArabia‐‐Riyal
Singapore‐‐ Dollar
SouthAfrica‐‐ Rand
SouthKorea‐‐ Won
SriLanka‐‐
Rupee
Switzerland‐ Franc
Syria ‐‐‐
Pound
T
Thailand‐‐‐
Baht
Turkey ‐‐‐
Lira
U
Ukraine‐‐‐
Hryvnia
UAE ‐‐
Dirham
UK
‐‐
Pound
USA ‐‐‐
Dollar
V
Vatican‐‐‐
Euro
Z
Zimbabwe‐‐ Dollar
ImportantDaysofJune/July&August‐
June‐
5‐June WorldEnvironmentDay
8‐June ‐WorldOceanDay
12‐June‐WorldDayagainstChildLabour
14‐June‐WorldBloodDonorDay
15‐June‐WorldElderAbuseAwarenessDays
17‐June‐WorldDaytoCombatDesertificationandDrought
20‐June‐WorldRefugeeDay
21‐June‐WorldMusicDay
23‐June‐InternationalOlympicDay,UNPublicServiceDay
26‐June‐InternationalDayagainstDrugAbuseandIllicit
Trafficking
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 32 July‐
1‐July‐Doctor’sDay
11‐July‐WorldPopulationDay
12‐July‐MalalaDay
18‐July‐NelsonMandelaInternationalDay
August–
6‐Aug‐HiroshimaDay
9‐Aug‐NagasakiDay
12‐Aug‐InternationalYouthDay
15‐Aug‐IndianIndependenceDay
18‐Aug‐Intl.DayoftheWorld’sIndigenousPeoples
19‐Aug‐WorldHumanitarianDay
20‐Aug‐RajivGandhiSadbhavanaDivas
29‐Aug‐NationalSportsDay
ABBREVIATIONINNEWS
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
ALM‐AssetLiabilityManagement
AML–AntiMoneyLaundering
KYC–knowYourCustomer
ASBA:ApplicationSupportedbyBlockedAmount
BSBDA‐BasicSavingsBankDepositAccount
IFSC–IndianFinancialSystemCode
CBS:CoreBankingSolution
RTGS‐RealTimeGrossSettlement
SLR‐StatutoryLiquidityRatio
CAR–CashAdequacyRatio
MSF‐MarginalStandingFacility
NBFC‐NonBankingFinanceCompanies
PIN:PersonalIdentificationNumber
CCEA–CabinetCommitteeonEconomicAffairs
CECA‐ComprehensiveEconomicCooperationAgreement
CEPA–ComprehensiveEconomicPartnershipAgreement
DTAA–DoubleTaxationAvoidanceAgreement
ECBs‐ExternalCommercialBorrowings
EEFC‐ExchangeEarner'sForeignCurrency
EFSF–EuropeanFinancialStabilityFacility
FEMA‐ForeignExchangeManagementAct
FII–ForeignInstitutionalInvestor.
FINO‐FinancialInclusionNetworkOperation
FIPB–ForeignInvestmentPromotionboard
FSLRC–FinancialSectorLegislativeReformsCommission
CRAR:CapitaltoRisk‐weightedAssetsRatio
SWIFT:SocietyforWorldwideInterbankFinancialTelecommunication
DEAF:DepositorEducationandAwarenessFund
NEFT‐NationalElectronicFundsTransfer
DICGC:Depositinsuranceandcreditguaranteecorporation.
FCNR(B)‐ForeignCurrencyNon‐ResidentBank
LCR:LiquidityCoverageRatio
IMPS:InterbankMobilePaymentService
TARC‐TaxAdministrationReformCommission
LRMT:Liquidityriskmonitoringtools
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 33 35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
ECB‐ExternalCommercialBorrowings
MIBOR:MumbaiInter‐BankOfferRate
LIBOR:LondonInter‐BankOfferRate
LAF–LiquidityAdjustmentFacility
GIRO‐GovernmentInternalRevenueOrder
FRBMA:FiscalResponsibilityandBudget
ManagementAct
AMFI‐AssociationofMutualFundinIndia.
TIEA–TaxInformationexchangeAgreement
FTA‐Freetradeagreement
GAAR‐Generalantiavoidancerule
GSLV‐Geo‐SynchronousLaunchVehicle
NCTC‐NationalCounter‐TerrorismCentre
NSG–NuclearSuppliersGroup
PPP–PublicPrivatePartnership&PurchasingPowerparity
PSLV–PolarSatelliteLaunchvehicle
TAPI‐Turkmenistan‐Afghanistan‐Pakistan‐India.
QFI‐QualifiedForeignInvestors
REER:RealEffectiveExchangeRate
SomeGeneralAwarenessQuestionsaskedinSBIPOExam:
BelowwehaveprovidedsomeGeneralAwarenessQuestionswhichwasaskedinrecentSBIPO2014Exam.These
questionswillbehelpfulinyourSBIClerk2014Exam.
17. WhoisnewArmyChiefofIndia:Lt.GenDalbirSingh
1. NarendraModiwassworninasIndia:15thPM
2. FirstWhiteLabelATM'Indicash'unveiledby:Tata
Suhag
18. WhatisBancassurance:thesellingoflifeassuranceand
CommunicationPaymentSolutionsLtd.
3. Anti‐TerrorismDay:21May
otherinsuranceproductsandservicesbybanking
4. InflationinIndiaismeasuredin:CPI
institutions.
5. Maximumallowabletransactionlimitatatimeincaseof 19. Citieswhere10Rsplasticnoteswillbeintroducedfor
NEFT?–Nolimit
fieldtrial:Jaipur,Shimla,Bhubaneshwar,Mysoreand
6. Afteritstenandhalfyearsserviceinorbit,on1stApril
Cochin.
2014ISROdecommissionedwhichCommunication
20. FlyingtestbedaircraftdevelopedbyHALandhanded
Satellite:INSAT3E
overtoDRDO‐NABHRATHNA
7. WinnerofThomascup2014:Japan
21. SecondIndianfirmtobefeaturedinForbesGlobal2000
8. YoungestfemaleclimberintheworldtoscaleMount
list:SBI(StateBankofIndia)
Everest:MalavathPurna
22. FinanceMinistrydirectedallPSBstomaintainwhat%of
9. PulitzerPrize2014winner‐VijaySeshadri
CASA:40%
10. DadasahebPhalkeAward2013‐Gulzar
23. AuthorofBook:TheHimalayanFaceoff:ShishirGupta
11. Nuclearsecuritysummitheldin:Hague(Netherland)
24. Atwhichratereservebankgiveloanstocommercial
12. RuPaycarddevelopedby:NationalPayment
bank:Reporate
25. Foreigncurrencyexchangedrateiscalled:Forexrateor
CorporationofIndia(NPCI)
13. CommitteetoreviewGovernanceofBoardsofBanksin
ForeignExchangerate
India:PJNayak
26. Whowonnationalwomenfootball
14. WhichsatelliteislaunchedbyIndiainrecent
championship:Manipu
month:IRNSS–1B
27. APJAbdulKalamwasawardedwithKnighthoodAward.
15. Playingtowinbookauthor:SainaNehwal
KnighthoodAwardwasgiveninwhichfield:awardedon
16. WhatisStaleCheque:Achequethat’sdateispast3
merit,forexceptionalachievementorservice.
28. Worldenvironmentdaycelebratedon‐5thJun
monthsisconsideredstaleandwilloftennotbe
honoredforcashordepositatabank.
29. MICRcodeconsistsof_____digits‐9digits
30. WhatistheNameofChiefjusticeofIndia?–RMLodha
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 34 31. FullformofSLR–StatuatoryLiquidityRatio
32. CRRiskeptwith‐RBI
33. Whichcountrychangestheirnationalflagrecently:New
Zealand
34. IfliquidityexceedswhatRBIwilldo?–Increasethe
Reporatesandsubsequentlyall otherrateswill
increase.
35. World’shighestbuilding‐Burjkhaleefa
36. Fastestmodeoftransfer‐throughmobilemode
37. MinimumlimitinRTGS–2Lakh
38. NewPakistanEnvoytoIndia‐AbdulBasit
39. Australianswimmerwhoundergoneshouldersurgery–
IanThorpe
40. Ranbaxyisthecompanyof–SunPharma
41. Whichbankcannotissuecertificateofdeposit–RRB’s
andlocalareabank
42. Whatistermdeposit?–FixedDepositsandRecurring
Deposit.
43. Fastestmodeoftransaction:RTGS
44. InternationalWomen’sdayiscelebratedon:8thMarch
45. RBImeasuretoliquidatethemarket:Reporate
46. CommonWealthGames2014willbeheldin:Glasgow,
Scotland
47. Cadbury'sIndianewname:MondelezIndiaFoodsLtd
48. IIFAInternationalEntertainer:JohnTravolta
49. WhoisthechairmanofTATAGROUP‐CyrusMistry
50. FullformofEFT:ElectronicFundTransfer
51. Alphanumericcodeoncheque?IndianFinancialSystem
Code(IFSC)isanalphanumericcodeisprintedon
cheque.
52. Bankpaysinterestonsavingsaccount?DailyBasis
53. Functionofbankingombudsman?–tohandle
grievancesbetweenbankandcostumers.
54. AuthorwhogotPadmabhushan?RuskinBond
55. WorldSeniorSnookerWomenChampion:Chitra
Magimairaj
56. WhowonFrenchopenMen’sTitle–RafalNadal
57. Nametheleaderofantiapartheidmovementinwho’s
honourawardisbeingnamed:NelsonMandela
58. CASAfullform:CurrentAccountSavingAccount
59. G7summitheldin:Brussels(Belgium).
60. FormerIndiancaptaininMudgalcommittee:Sourav
Ganguly
61. .MaximumamountdrawnthroughATMinaday?–50
thousand
62. FromJuly1stRBIinstructedaboutATMof‐talking
ATMswithBraillekeypad
63. IPL‐7finalheldin–Bangalore
64. .Newbanklicenseperiod‐18months
65. EnvironmentalawardgiventoRameshAgarwalfor:For
fightagainstcoalmininginChhattisgarh
66. .Newbanklicensespaidupcapital‐500cr
67. NewLokSabhaSpeaker‐SumithraMahajan
68. ExpandECB‐Externalcommercialborrowings
69. InhowmanyphaseLokSabhaelectionswereheld:9
phases
70. AsiangamesafterwhichcountrywithdrawalIndiaready
toconduct?Vietnam
71. FCNR,NRIaccountscanmaintainwith:TermDeposits
with1yearandmaximumtermof5years.
72. FullformsPKI:PublicKeyInfrastructure
73. ExpandASBA:ApplicationSupportedbyBlocked
Amoun
74. DepositorEducationandAwarenessFund(DEAF)is
maintainedwith:RBI
75. Brandambassadorofnationalgames:SachinTendulka
76. Commercialpaperinmultiplesof:Rs.5lakhormultiples
thereafter
77. AimofRBItoallow10yearstoopensavingsaccount:to
encouragechildrentostartsavingearly
78. Kepler8Bis:thefifthofthefirstfiveexoplanets
discoveredbyNASA'
79. FirstwomenjudgeofPakistan:AshrafJehan
80. WhatisBrazuca:Brazucaistheofficialmatchballof
the2014FIFAWorldCup
81. AttorneygeneralofIndia‐MukulRohatgi
82. Cauveryriverdisputecommittee‐JusticeBSChauhan
83. RunnerTeamofIPL7–KingsXIPunjab
84. WriterofGodofSmallThings:ArundhatiRoy
85. WinnerofUberCup2014:China
86. Winnerof2014Asiancricketaward:MSDhoni
87. Bankingombudsmanofficerisappointedby–RBI
88. ShielaDixitisGovernorofwhichstate:Kerala
89. IPLspotfixingcommitteeisheadedby:MukulMudgal
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 35 90. Whoisauthoristhebook"2States":ChetanBhagat
91. CTSFullForm:ChequeTruncationSystem
92. RBIwascreatedunder:ReserveBankofIndiaAct,
1934
93. PresidentofIndianOlympicassociation:N
Ramachandran
94. Exchangeofcashflowindifferentcurrency:Swap
95. IndianOilplanstobuildRs30,000crorerefinery
at:Mundra,Gujarat
96. InBRICS,Sdenotestowhichcountry:SouthAfrica
97. Assetwhichstopperformingafter90daysisknown
as:NonPerformingAsset
98. HighestPollutionStateaccordingtoCensus2011:UP
(UttarPradesh)
99. TRAIfullform:TelecomRegulatoryAuthorityofIndia
100. KaigaNuclearpowerplantinwhichstate:Karnataka
101. WhoisnewlyappointeddeputyGovernor–RKGandhi
102. IBSAfullform–India,Brazil,SouthAfrica
ALLTHEBESTTOALLTHEASPIRANTSFOR
SBICLERK2014EXAM!!!
www.bankersadda.com|www.careerpower.in|www.careeradda.co.in Page No. 36