Professional Documents
Culture Documents
This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This
document consists of all important news and events of last few months which can come in SBI Associate
Assistant Exam.
Current RBI Policy & Reserve Rates:
Repo Rate
Reverse Repo
CRR
SLR
MSF
Bank Rate
8%
7%
4%
22%
9%
9%
(Unchanged)
(Unchanged)
(Unchanged)
(Unchanged)
(Unchanged)
(Unchanged)
Note: As on 30, Sept, 2014, RBI (Reserve Bank of India) in its fourth bimonthly monetary policy statement kept the
key policy rate unchanged.
News related to RBI
1. RBI issued guidelines for setting up a trading platform for trade receivables and bills of exchanges of Micro and Small and
Medium Enterprises - MSME. The Trade Receivables Discounting System - TReDS should have a minimum paid up
equity capital of 25 crore rupees and non-promoters would not hold over 10 per cent of the equity capital of TReDS.
2. RBI relaxed norms for Pre-paid Payment Instruments (PPIs) and doubled the limit to one lakh rupees from 50000
rupees.
Highlights of RBI norms on PPI
i. The maximum validity of gift cards has been enhanced from one year to three years. Other provisions of PPI guidelines
with respect to gift cards will continue.
ii. RBI also allowed issue of multiple PPIs by banks from fully-KYC compliant bank accounts for dependent or family
members. Only one card can be issued to one beneficiary. The central bank also permitted banks to issue rupee
denominated PPIs for visiting foreign nationals and NRIs.
3. RBI keeps interest rate unchanged
i. RBI in its fifth bi-monthly monetary policy statement kept the policy rates unchanged.
ii. The headline inflation has been receding steadily, and current readings are below the January 2015 target of 8 per cent
as well as the January 2016 target of 6 per cent,'' the RBI said.
4. RBI eased gold imports and scrapped 20:80 schemes. The decision to withdraw the 20:80 schemes will cut smuggling of
gold and raise legal shipments into India.
5. Government needs to infuse as much as Rs 2.4 lakh crore ($38.78 billion) into state-owned banks by end-March 2019 to
meet different kinds of capital requirements including Basel III, provisioning for asset quality, and additional risks, said a
central bank Deputy Governor SS Mundra.
6. RBI tightens norms for NBFCs: Tightening norms for non-banking financial companies (NBFCs), the Reserve Bank of
India raised the capital adequacy requirement and the net owned fund limit, among others, with an objective to mitigate
risks in the sector.
Note: i. At present, the net owned fund (NOF) requirement is at Rs.25 lakh. In a phased manner, the NBFCs would be
required to raise it to Rs.1 crore by March, 2016, and to further double it to Rs.2 crore by 2017.
iii. Also, NBFCs primarily engaged in lending against gold jewellery, will have to maintain a minimum Tier I capital (or
equity capital) of 12 per cent with effective from April 1 as against existing requirement of 10 per cent.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
iv. For deposit and non-deposit taking NBFCs, Capital to Risk (Weighted) Assets Ratio or CRAR, which includes Tier I
capital of 7.5 per cent, which have to be raise the Tier I capital to 8.5 per cent by end of March 2016 and 10 per cent by
March, 31, 2017.
7. The Reserve Bank has signed a pact with Central Bank of Kenya for exchange of information and supervisory
cooperation.
8. RBI Draft Guidelines for Licensing of New Banks in the Private Sector
Key points:
i. Minimum capital requirement will be Rs 500 crore.
ii. Aggregate foreign shareholding in the new bank should not exceed 49 per cent for the first five years.
iii. The new bank should open at least 25 per cent of its branches in unbanked rural centres.
9. Non-Banking Financial Company (NBFC): A Non-Banking Financial Company (NBFC) is a company registered under the
Companies Act, 1956 are financial institutions that provide banking services without meeting the legal definition of a bank,
i.e. one that does not hold abanking license.
Difference between banks & NBFCs:
i. NBFC cannot accept demand deposits;
ii. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself;
iii. deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of
NBFCs, unlike in case of banks.
Key Points
i. Minimum capital requirement will be Rs 500 crore.
ii. Aggregate foreign shareholding in the new bank should not exceed 49 per cent for the first five years.
iii. The NBFCs are allowed to accept/renew public deposits for a minimum period of 12 months and maximum period
of 60 months. They cannot accept deposits repayable on demand.
iv. NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI from time to time. The present ceiling is
12.5 per cent per annum.
v. The deposits with NBFCs are not insured.
10. RBI Draft Guidelines for Licensing of Foreign Banks - Foreign banks that want to set up operations in India will have to
do so through an independent subsidiary. This means they cannot operate as a branch of the parent bank.
Key Points:
i. The initial minimum capital for a WoS will be Rs. 500 crore.
ii. RBI said that the WoS (wholly-owned subsidiary) will be required to meet Basel-III requirements (9 per cent Tier-I
capital) right from Day One. For the first three years, the WoS will have to maintain Tier-I capital at 10 per cent.
iii. The Priority Sector Lending (PSL) requirement will be 40 per cent for WoSs, such as domestic scheduled commercial
banks
iv. The new bank should open at least 25 per cent of its branches in
unbanked rural centres.
11. Reserve Bank of India reduced free usage of other bank automated
teller machines (ATMs) to 3 per month from 5: Frequent withdrawal
of money from ATMs will become expensive from November, with the
RBI imposing a limit of 3 transactions per month from ATMs of other
banks and 5 from the same bank in six metropolitan cities.
Note: A customer will be required to pay a fee of up to Rs 20 for using
Automated Teller Machines (ATMs) beyond the permitted numbers
of transactions in Delhi, Mumbai, Chennai, Bangalore, Kolkata and
Hyderabad.
12. RBI issued two new categories of banksSmall and Payments which
can improve financial inclusion.
Important Points:
i. The idea of small and payments banks was first proposed by
the Nachiket Mor committee on financial inclusion.
ii. The minimum paid-up capital requirement of both small banks and
payments banks is Rs. 100 crore.
iii. The payments bank will have to invest in government securities with
a maturity of up to one year.
iv. Small banks will offer both deposits as well as loan products.
ii. Payments banks will be used only for transaction and deposits
purposes. Unlike small banks, payments banks cant lend money to
people.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
Ii. BPCL is planning to diversify into downstream petrochemicals with an investment of Rs.4,588crore by using propylene.
State Bank of India to launch Islamic equity fund
i. State-owned bank will launch an Islamic equity fund next month aimed primarily at the country's 170 million
Muslims.SEBI recently allowed the government-owned State Bank of India BSE 0.41 % and three mutual funds to launch
Sharia funds. Note:India is only the second country outside the Islamic world where a state-owned bank is offering a
Sharia-compliant fund. The U.K. issued sovereign Islamic bonds in June.
SBI launches first homegrown economic indicator the SBI Monthly Composite Index and the SBI Yearly Composite
Index that will primarily track manufacturing activity and offer a forward-looking economic trends.
SBI Online were among the three most searched words on the internet search engine in 2014.
SBI signed 500 million dollar Line of Credit with Export-Import Bank of Korea (Korea Eximbank).
SBI, celebrated 150 years of its operations in Sri Lanka on 13/Sept/2014.
SBI launches mPassBook facility on its smartphone application anywhere' mobile application, for its retail banking users.
SBI lend $ 1 billion to Adani Group to build Australian coal mine which it aims to build by end-2017. Founder of Adani
Group Gautam Adani.
SBI Cards ties up with Future Group company Fashion at Big Bazaar (FBB) to offer a co-branded CREDIT CARD,
Styleup.
Modern Banking Facts:
ICICI Bank was the first Indian Bank to provide internet banking
facility.
ICICI Bank was the first Bank to provide Mobile ATM.
Bank of Baroda has the maximum number of overseas branches.
SBI (State Bank of India) has the total number of maximum branches
and holds 2nd position in the world.
India's first "talking" Automated Teller Machine (ATM) launched by Union Bank of India (UBI) for visually impaired
was launched in Ahmedabad (Gujarat).
RBI to issue Rs 10 plastic currency notes in 5 cities: Kochi, Mysore, Jaipur, Bhubhaneswar and Shimla.
Note: First plastic notes issued by Australia in 1988.
RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI).
RuPay facilitates electronic payment at all Indian banks and financial institutions, and competes with MasterCard and Visa
in India.
India's first non-bank owned ATM (White Label ATMs) opens in Maharashtra: Tata Communications Payments
Solutions Ltd, a wholly owned subsidiary of Tata Communications Ltd, opened first White Label ATM at Chandrapada in
Thane district, in Maharashtra.
Banking topics in news
NPAs (Non Performing Assets):
i. A mortgage in default would be considered non-performing, after a prolonged period of non-payment(90 days).
ii. The lender will force the borrower to liquidate any assets that were pledged as part of the debt agreement. If no assets were
pledged, the lenders might write-off the asset as a bad debt and then sell it at a discount to a collections agency.
Debt recovery tribunal (DRT- A court for such cases) A person whose account is declared as NPA
SARFAESI ACT - In 2002, Govt. gave banks a lifeline called as SARFAESI Act (Securitization and Reconstruction of
Financial Assets and Enforcement of security interest Act)
i. With this Act bank has the power to take possession of the owners mortgaged property or can transfer this to some
other ownership.
What bank will do with the acquired property?
i. Bank can use this for their own purpose like , opening a new branch on it, installing of ATMs etc.
ii. Bank can advertise in newspapers for the auction of the property acquired and could auction them on any pre decided day.
iii.Bank can sell the property to ARC (Asset Reconstruction Company), these are registered companies under RBI, they buy
such assets from banks and sell them at higher prices to gain profits.
Goods and Services Tax i. It is an indirect tax that will lead to the abolition of all other taxes such as, central sales tax, state-level sales tax, excise duty,
service tax, and value-added tax (VAT). Both the state and the central governments will impose GST on almost all goods and
services produced in India or imported into the country.
ii. Exports will not be subject to GST. Direct taxes, such as income tax, corporate tax and capital gains tax will not be affected.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
It will simplify India's tax structure, broaden the tax base, and create a common market across states. This will lead to
increased compliance and increase India's tax-to-gross domestic product ratio.
iii. The highest rate of taxation under GST will be around 15 per cent in the first year, and eventually come down to 12 per cent
in the second year. By comparison, the current rate of the various indirect taxes levied in India amounts to roughly 20 per cent.
Goods deemed necessary or of basic importance will be taxed at a lower rate.
iv. The GST can be implemented only through a Constitutional Amendment Bill, which means it needs to be approved by not
less than two-thirds of the members present and voting in each House of Parliament. The GST must also be ratified by the
legislatures of at least one-half of the states.
v. States will get one-year time to implement the provisions of Goods and Services Tax (GST) after introduction of the new
indirect tax regime from 1st April 2016.
Types of Bank Accounts in India (Deposit Accounts)
Traditionally banks in India have four types of deposit accounts, namely Saving Banking Accounts, Current Accounts,
Recurring Deposits and, Fixed Deposits.
1. Saving Account - Saving accounts are opened to encourage the people to save money and collect their savings. The saving
account holder is allowed to withdraw money from the account as and when required. The interest on Saving Bank
Accounts was fixed by RBI and it was fixed at 4.00% on daily balance basis. RBI has deregulated Saving Fund account
interest rates and now banks are free to decide the same within certain conditions imposed by RBI.
Features of Saving Accounts
1. There is no restriction on the number and amount of deposits. However, in India, mandatory PAN (Permanent Account
Number) details are required to be furnished for doing cash transactions exceeding 50,000.
2. Withdrawals are allowed subject to certain restrictions.
3. A minimum amount has to be kept on saving account to keep it functioning.
2. Current Account - Current Accounts are basically meant for businessmen and are never used for the purpose of investment
or savings.
Features of Current Accounts
(1) The main objective of Current Account holders in opening these account is to enable them (mostly businessmen) to
conduct their business transactions smoothly.
(2) There are no restrictions on the number of times deposit in cash / cheque can be made or the amount of such deposits;
(3) Usually banks do not pay any interest on such current accounts.
(4) The current accounts do not have any fixed maturity as these are on continuous basis accounts.
(5) Cheque book facility is provided and the account holder can deposit all types of the cheques and drafts in their name or
endorsed in their favour by third parties.
3. Recurring Desposit Account: Recurring Deposit is a special kind of Term Deposit offered by banks in India popularly
known as RD accounts which help people with regular incomes to deposit a fixed amount every month into their Recurring
Deposit account and earn interest at the rate applicable to Fixed Deposits.
Features of RD Accounts
1. Recurring Deposit accounts are normally allowed for maturities ranging from 6 months to 120 months
2. These accounts can be opened in single or joint names. Nomination facility is also available.
3. Rate of Interest offered is similar to that in Fixed Deposits.
4. Interest is compounded on quarterly basis in recurring deposits.
4. Fixed Deposit Account (FD) - The account which is opened for a particular fixed period (time) by depositing particular
amount (money) is known as Fixed (Term) Deposit Account. The term 'fixed deposit' means that the deposit is fixed and is
repayable only after a specific period is over. Under fixed deposit account, money is deposited for a fixed period say six
months, one year, five years or even ten years. The money deposited in this account can not be withdrawn before the expiry of
period.
Features of FD Accounts
1. The main purpose of fixed deposit account is to enable the individuals to earn a higher rate of interest on their surplus
funds (extra money).
2. The amount can be deposited only once. For further such deposits, separate accounts need to be opened.
3. Fixed Deposit Account may be opened for a minimum period of 7 days and maximum period of 10 years.
4. The minimum amount required to open a Fixed Deposit is Rs.1000.
5. Withdrawals are not allowed. However, in case of emergency, banks allow to close the fixed account prior to maturity date.
In such cases, the bank deducts 1% (deduction percentage many vary) from the interest payable as on that date.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
About (BASIC SAVING BANK DEPOSIT ACCOUNT): Under the guidelines issued on August 10, 2012 by RBI: Any
individual, including poor or those from weaker section of the society, can open zero balance account in any bank. BSBDA
guidelines are applicable to "all scheduled commercial banks in India, including foreign banks having branches in India".
ii. The aim of introducing 'Basic Savings Bank Deposit Account' is very much part of the efforts of RBI for furthering
Financial Inclusion objectives.
Main Points of BSBDA-Small Accounts:
i. In BSBDA, banks are required to provide free of charge minimum 4 withdrawals, through ATMs
ii. Total credits in such accounts should not exceed 1 lakh rupees in a year.
iii. Maximum balance in the account should not exceed 50,000 Rs at any time
iv. The total of debits by way of cash withdrawals and transfers will not exceed 10,000 rupees in a month
v. Foreign remittances cannot be credited to Small Accounts without completing normal KYC formalities
v. Small accounts are valid for a period of 12 months initially which may be extended by another 12 months if the person
provides proof of having applied for an Officially Valid Document.
ATMs: (Automated Teller Machine): The ATM debit cards, credit cards and prepaid cards (that permit cash withdrawal)
issued by banks can be used at ATMs for various transactions.
Use of ATMs of Other Banks:
i. 5 free transactions are permitted per month (inclusive of financial and/or non-financial) at other bank ATMs for
Savings Bank Account holders.
ii. For transaction beyond this minimum number of transactions, banks charge maximum of Rs 20/ - per transaction.
iii. Reserve Bank of India reduced free usage of other bank automated teller machines (ATMs) to 3 per month from 5
from November, in six metropolitan cities - Delhi, Mumbai, Chennai, Bangalore, Kolkata and Hyderabad.
WHITE Label ATMs: ATMs which are owned and operated by non-banking companies are called White Label ATMs.
Note: RBI authorised four entities to operate as WLAs namely Tata Communications Payment Solutions, Prizm Payment
Services Pvt. Ltd, Muthoot Finance Limited and Vakrangee Ltd.
Personal Identification Number (PIN) : A Personal Identification Number is a secret numeric password shared between
user and a system that can be use to authenticate the user to the system.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
Microlettering
Optically Variable Ink
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
Regulators in India:
Regulator
Reserve Bank of India (RBI)
Sectors
Financial system and monetary policy, Money Market
Chairman
Raghuram
Rajan
U.K. Sinha
Headquarter
Mumbai
Insurance industry
T. S. Vijayan
Hyderabad
Telecommunication Industry
Rahul Khullar
New Delhi
Commodity Market
Mumbai
Pension sector
Ramesh
Abhishek
Hemant
Contractor
Mumbai
New Delhi
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
10
www.bankersadda.com
With you all the way, Pure Banking Nothing Else, The Nations banks on us
www.careerpower.in
www.careeradda.co.in
11
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
12
Note: There are a total of 27 PSBs in India [21 Nationalised banks + 6 State bank group (SBI + 5 associates) ]
ii. At present there are 23 Private Banks functioning in India
iii. At present there are 56 RRBs (Regional Rural Banks ) functioning in India.
iv. At present there are 41 Foreign Banks functioning in India
FDI Limits
List of Limits in Various Sectors (In %)
1.
Defence
49
2.
Pension
49
3.
Insurance
49
4.
Print Media
26
5.
Civil Aviation
49
6.
Public Sec. Banks
20
7.
Private Sec. Banks
74
8.
Multi Brand
51
9.
Single Brand
100
10.
Tourism
100
Indias GDP Forecast:
India's economic growth has declined to 5.3 per cent during July to September, from the previous quarter's 5.7 per cent.
Fitch expects real GDP growth to pick up to 5.6 per cent in FY15 and 6.5 per cent in FY16
Domestic ratings agency India Ratings revised down its economic growth estimate for 2014-15 fiscal to 5.6 per cent.
Organisation for Economic Co-operation and Development, OECD has projected 5.4 percent growth for the Indian
economy for 2014 -15 year.
RBI pegged 2014-15 GDP growth at a central estimate of 5.5 % will improve to 6.3 per cent in 2015-16.
World Bank estimates 5.6% growth for current fiscal i.e. 2014-15 and 6.4 per cent in 2015-16 and 7 per cent in 2016-17.
IMF projected GDP growth for India in 2014-15 at - 5.6 % & 6.4 % in 2015
ADB pegs India GDP growth rate for 2014-15 at 5.5 % & 6.3 % in 2015
JP Morgan cut India 2014-15 growth forecast to 5.1 percent from 5.3 percent
Economic and Social Commission for Asia and the Pacific,(ESCAP) - Indian economy to grow at 5.5 percent in current
fiscal
Moody (Credit Rating Agency) projected India growth rate expected to accelerate to 5.2 % in 2014 and 6.5 % by end of
2015.
FICCIs Economic Outlook Survey estimated Indias GDP growth rate at
5.6 percent in 2014-15
According to a UN report Indian economy expected to grow by 5.5% in
current fiscal.
According to United Nations Conference on Trade and Development
(UNCTAD) Indian economy will grow at a rate of 5.6 per cent in 2014
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
13
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
14
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
15
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
16
50. Kerala-based Federal Bank was adjudged as the best bank for use of Technology for Financial Inclusion, Social Media
and Mobile Banking, Business Intelligence Initiatives and for Best IT Team, becoming the bank to have won the maximum
number of awards for 2013-14.
51. Corporation Bank launches e-Mandate service: To provide robust platform for large volume of repetitive payments,
Corporation Bank has launched the e-Mandate (digital mandate) service. The e-Mandate service will be beneficial to the
utility companies for monthly subscriptions/bill payments; insurance companies for premium payment by policy holders;
52. Kotak Mahindra Bank launched Facebook-based funds transfer platform KayPay
Note: KayPay is a bank agnostic payment product for Facebook users to send money to each other.
iii. KayPay is built on top of the mobile based Immediate Payment System (IMPS) that was launched by the National
Payment Corporation of India. Users have to register their bank accounts once to start using the service.
53. Asia Index launches new indices announced the launch of two more indices for investors in Indian market. S&P BSE
Sensex Futures Index and the S&P BSE CPSE Index
54. Retail inflation drops to 6.46 % in Sept this year
55. The Union Finance Ministry has allocated 520 crore rupees to NABARD to create warehousing infrastructure for
agricultural commodities in West Bengal.
56. Railways revenue earnings have gone up by over 12 per cent during first six months of this fiscal.
57. The upcoming Bandhan Bank has appointed FIS International, one of the largest banking and payments technology
solutions provider globally, to develop its core banking software solutions.
58. Govt. launch Jan Dhan scheme to promote financial inclusion: Prime Minister Narendra Modi launched 'Pradhan
Mantri Jan Dhan Yojana' to help the poor open bank accounts.
The slogan for the Pradhan Mantri Jan Dhan mission is Mera Khata Bhagya Vidhaata.
Benefits :
i. Every individual who opens a bank account will become eligible to receive an accident insurance cover of up-to Rs. 1
Lakh.
ii. HDFC Ergo General Insurance will provide the accident cover under the scheme.
iii. An additional Rs. 30,000 life insurance cover will be provided for those opening bank accounts before January 26,
2015.
iv. LIC (Life Insurance Corporation) will provide the life insurance cover of Rs 30,000 under the scheme
v. Rs 5,000 overdraft facility for Aadhar-linked accounts, Ru Pay Debit Card with and minimum monthly remuneration of
Rs 5,000 to business correspondents who will provide the last link between the account holders and the bank.
59. ICICI Bank offers Card less Cash Withdrawal at ATMs. Now, withdraw without a debit card at an ICICI Bank ATM, as the
bank facilitates cardless cash withdrawal service with the help of a mobile number.
60. IndusInd Bank launched a new customer service called Video Branch to enable customers to do a video conference with
the bank staff at convenience.
61. Employees Provident Fund Organization (EPFO) retains interest rate on provident fund at 8.75 percent for the current
fiscal.
62. Government notified minimum monthly pension of 1,000 rupees and a higher wage upper limit improvement to15,000
from 6,500 rupees for social security schemes run by retirement fund manager Employees Provident Fund Organisation.
63. Govt. to implement GST (Goods & Services Tax) new indirect tax regime from 1st April 2016. GST will replace VAT.
64. IndiGo has signed a $2.6 billion deal with Industrial and Commercial Bank of China Ltd (ICBC) for the lender to finance
more than 30 new aircraft
65. Asian Development Bank (ADB) has provided $63.3-million loan for improving urban services and strengthening
municipal and project management capacity in North Karnataka towns.
66. Supreme Court quashed allocation of 214 out of 218 coal blocks which were allotted to various companies since 1993
and in which it was claimed that around Rs 2 lakh crores were invested.
Note: A bench, headed by Chief Justice R M Lodha, saved only four blocks--one belonging to NTPC and SAIL each and two
allocated to Ultra Mega Power Projects--from being cancelled.
67. India to contribute USD 12 million to UN to tackle Ebola
68. Bangladesh to join BRICS Bank: Bangladesh has decided to join the newly formed BRICS Bank, an initiative of the world's
five emerging economies - Brazil, Russia, India, China and South Africa.
Important Committees in News:
1. Union Finance Ministry constituted High Level Committee to interact with trade and industry to give
recommendations to the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC) for
issuance of appropriate clarifications by way of circulars, on tax-related issues on a regular basis. The high level committee
will be headed by former Chief Economic Advisor (CEA) Ashok Lahiri.
2. TSR Subramaniam Committee: to review the processes, laws and Acts of the Ministry of Environment, Forests and
Climate Change
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
17
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
18
the political risk insurance and credit enhancement arm of the World Bank Group.
Benefits of becoming a member
i. The move will allow the private sector and corporations of a country to explore external commercial borrowing
(ECB).Once a member of MIGA, the private sector and corporations in the country will have the option of directly applying
to MIGA for issuance of guarantee to attract Foreign Direct Investment (FDI).
7. Russia agrees with India to construct 12 nuclear reactors India over 20 years, under an agreement aimed at boosting
nuclear energy cooperation signed by the two countries.
8. A US-based intelligence think tank has placed Pakistan eighth in the list of the most dangerous countries in the world
which is led by Iraq.Afghanistan, the only other South Asian country in the list, is placed fourth in the Country Threat
Index.
9. BHEL commissioned 28 MW Nyaborongo Hydro Electric Project in Rwanda on turnkey basis.
10. Ministry of Railways inaugurated Wi-Fi broadband services at New Delhi railway station
11. Indias second most up and coming destination for expats after China : HSBC
12. Human Rights Day observed globally on 10 December- theme for the 2014 Human Rights Day is Human Rights 365.
13. US based Uber taxis banned in Delhi, company blacklisted.
14. Air India, NBCC National Buildings Construction Corporation Limited sign MoU for development of land parcels of Air
India at various locations on joint venture basis.
15. Private entity cannot hold more than 26% stake in public-private joint ventures for coal block allocations. However, if it
is more than one private sector entity, the structure should be such that its stake does not exceed 49 per cent.A total of 92
blocks are being offered under the first round.
16. India, Japan to cooperate in the fields of Cyber security and Green Information and Communication Technology, ICT.
17. India celebrates 43rd Navy Day; President, PM salute devotion of Navy personnel.
18. Former Prime Minister Atal Behari Vajpayee's birthday on 25th December observed as national 'Good Governance Day'.
19. Egypt court declared Islamic State of Iraq and Syria a terrorist group.
20. The new natural gas price of USD 5.61, which is already among the lowest in Asia Pacific, is likely to drop to around USD 5
per unit in three years due to the variables included in the formula, Goldman Sachs has said.
21. Mumbai, Kolkata most vulnerable to loss of life, properties due to coastal flood: un
22. United Nations Framework Convention on Climate Change (UNFCCC).
23. Country's biggest oil company Indian Oil Corporation is looking at setting up a greenfield refinery on the West coast as
part of its expansion plans.Indian Oil Corporation Chairman B Ashok said there is a need for green field refinery by 202122. After setting up of Paradip Refinery in East coast, focus is now on setting up of a refinery in West coast region.
24. Dubai to invest $32-billion to build worlds largest airport.The Dubai International Airport is the worlds second
busiest airport after the London Heathrow.
25. Former Union Minister GK Vasan, who split from the Congress, has revived the Tamil Maanila Congress.
26. India and Nepal launched the first ever bus service between the two countries.To begin with daily buses will ply between
Delhi and Kathmandu. Later, there will be similar buses which will ply on two other routes - Delhi-Pokhara and VaranasiKathmandu.
27. Beijing banned smoking in all indoor public spaces like workplaces and public transport vehicles and it will be effective
from 1 June 2015.
28. European Union lawmakers overwhelmingly backed a motion urging anti-trust regulators to break up Google.
29. India today signed a Memorandum of Understanding, MoU, with Mozambique for cooperation in the field of oil and gas.
The MoU was signed in the presence of Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan in New
Delhi.
30. Sanskrit to be 3rd language in Classes 6-8 in KV: Centre to SC
31. SAARC countries today signed a framework agreement on cooperation in power sector but failed to finalize the muchawaited motor vehicle and railway pacts for greater people-to-people contact and movement of goods due to opposition
from Pakistan. A time period of three months have been set for approval to the Motor Vehicle and Railway pacts.
32. Modi proposes SAARC business traveller card
i. Prime Minister Narendra Modi on Wednesday proposed a Saarc business traveller card 3-5 years for making it easier for
traders and merchants in the region to travel and access one anothers markets.
33. International Day for the Elimination of Violence Against Women observed across the world on 25 November 2014.i. The
campaign called Orange Your Neighbourhood to raise awareness against Gender-Based Violence will be held from 25
November to 10 December 2014.
ii. The campaign is part of Secretary-General Ban Ki-moon's campaign UNiTE to End violence against Women.
34. Three global organizations, the World Toilet Organisation (WTO), WASTE and the Financial Inclusion Improves
Sanitation and Health (FINISH), signed a memorandum of understanding (MoU) to end open defecation in India. The
agreement is for three years.
They share the common goal of making sanitation accessible and affordable to all citizens.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
19
35. An Indian Railways team is in China to chalk out plans for conducting feasibility study to build the 1,754 km-long DelhiChennai high-speed train corridor, world's second largest bullet train line.i.The proposed corridor could be the second
largest in the world after China's 2,298 km-long Beijing-Guangzhou line which was launched last year. Running at a speed
of 300 km per hour, it covers the distance in about eight hours.
Note: India is currently considering two corridors for high speed trains. While Japan is conducting feasibility study for the
Bullet train project in Mumbai-Ahemdabad corridor, China will do the same for the Delhi-Chennai route which
expected to begin by early next year.
36. Nepal has given an Indian company permission to build a 900 megawatt hydropower plant. i. The two countries will sign
an agreement for the $1.04 billion project, which provides Nepal with free electricity and India energy for its powerhungry economy.
ii. The project, which will be built by Satluj Jal Vidyut Nigam (SJVN) Limited, was originally cleared in 2008 but never
implemented after Kathmandu lobbied for greater benefits.
37. Adani Group-owned Dhamra Port Company Limited (DCPL) would invest around Rs 7000 crore for expansion of cargo
handling facility.
i.Gujarat-based Adani group bought out L&T and Tata Steel's shares in the company in March 2014 at an enterprise value
of Rs 5500 crore.
ii . Following the acquisition, the second phase of development was to be initiated within 90 days and completion targeted
in 30 months.
iii. This continued expansion will allow Dhamra port to exceed 100 million tonnes of cargo capacity by the year 2020.
Note: The port, situated between Haldia in West Bengal and Paradip in Odisha, was mostly handling cargo like coal and
limestone.
38. The Cabinet on Wednesday approved re-promulgation of an Ordinance to facilitate e-auction of coal blocks for private
companies for captive use and allot mines directly to state and central PSUs.
i. The re-promulgation of the Ordinance will enable the Coal Ministry to go ahead with its decision to give a total 101
mines, including 65 through auction, in the first phase.
ii. As many as 36 blocks will be directly allotted to state-owned companies. The government had increased the number of
coal mines to be auctioned or allotted in the first tranche to 101, from 92.
ii. Of the 101 blocks to be allotted and auctioned in the first lot, 63 mines would be given to the power sector, while the
rest would be for sectors like steel and cement.
39. Pakistan, Russia sign $1.7 billion energy deal to lay a gas pipeline from Karachi to Lahore, a move that may lead to further
improvement in their ties. the pipeline would be used to transport imported LNG from Karachi to Punjab province.The
energy agreement was signed during the day-long visit of Sergei Shoigu last month, the first visit by a Russian Defence
Minister to Pakistan in 45 years.
40. India observed National Mathematics Day to commemorate birth anniversary of Srinivasa Ramanujan on 22
December 2014.
41. US retail major Walmart to open new store in India after 2-year gap in Agra as it returns focus on India.The company,
which opened its last store in Bhopal towards the end of 2012.
42. US released three Cuban spies of Wasp Network. These spies were released as
part of announcement restoring diplomatic relations between the US and Cuba
after more than 50 years of enmity.The Wasp Network is a spy ring of Cuba
that included five members of a 14 member espionage team called La Red
Avipsa.
43. Carbon-dioxide emissions at all-time high of 35.3 billion tonnes in 2013. Brazil
(6.2 per cent), India (4.4 per cent), China (4.2 per cent) and Indonesia (2.3 per
cent) reported a sharp rise in emissions of the greenhouse gas that year.China,
the United States and the European Union remain the top three emitters of
carbon dioxide, accounting for 29 per cent, 15 per cent and 11 per cent,
respectively, of the worlds total.
44. SC directed Union government to complete fencing along Indo-Bangladesh
border in 3 months.
45. LeT operations commander Zakiur Rehman Lakhvi, one the seven Pakistani
nationals accused of planning and abetting the 2008 Mumbai terror attacks,
was granted bail on Thursday by the Anti-Terrorism Court.
46. Taliban militants detonated a suicide bomb and stormed a bank in southern
Afghanistan .killing at least six people.
47. IRCTC tops 2014 Google search in India. E-commerce website Flipkart, PSU
lender SBI Online, e-tailer Snapdeal and PNR status were other most searched
words.
48. India third on black money list. An international think-tank has ranked the
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
20
country third globally with an estimated USD 94.76 billion (nearly Rs 6 lakh crore) illicit wealth outflows in 2012.
49. On 16 December 2014,seven members of the Tehrik-i-Taliban Pakistan (TTP) conducted a terrorist attack on the Army
Public School in the Pakistani city of Peshawar They entered the school and opened fire on school staff and children, killing
145 people, including 132 schoolchildren.
50. HRD ministry is planning to come up with a 'Think in India' drive to encourage students and researchers to come up with
innovations and new ideas and to keep the talent back home from leaving abroad.
51. Japan slips into recession: Japan's economy shrank for the second consecutive quarter, marking a technical recession in
the world's third largest economy.
52. IBM launches new e-mail service Verse: Tech giant IBM has launched a new e-mail application Verse for enterprises
that integrates social media, file sharing and analytics to help increase productivity.
53. The Oxford English Dictionary named "vape" the word used for the act of drawing on an electronic cigarette instead of
a burning stick of tobacco as its 2014 word of the year.
54. Mumbai top investment destinations among UAE based Indians: India's commercial capital Mumbai has once again
emerged as the most popular and attractive property investment hotspot among the UAE-based Indian expats.
Note: Bangalore grabbed the 2nd spot with 24.13 per cent votes going for it as the most favorite city for NRI property
investments.
55. Amul to set up Rs 200 crore unit in West Bengal.
56. PM Narendra Modi adopts Jayapur village (Varanasi), in his Lok Sabha constituency under Sansad Adarsh Gram Yojana.
57. Sachin Tendulkar adopted a village Puttamrajuvari Kandrika, a village in Gudur mandal of Nellore district in Andhra Pradesh under
Prime Minister Modis Sansad Adarsh Gram Yojana.
58. Union Home Minister and Lucknow MP Rajnath Singh has adopted Beti village in the district under the Pradhan Mantri
Adarsh Gram Yojna.
59. DD National to be re-launched with tagline Desh Ka Apna Channel
60. US President Barack Obama announces $3 billion contribution to Green Climate Fund to help poor countries cope with
the effects of climate change.
61. CRY launches project to end child labour : With an aim to end child labour and encourage children to go to school, Child
Rights and You has launched 'Project Unlearn' on the eve of Children's Day.
62. India has worlds largest youth population: UN report
Note: i. With 356 million 10-24-year-olds, India has the worlds largest youth population
ii. China is second with 269 million young people, followed by Indonesia (67 million), the US (65 million) and Pakistan
(59 million), Nigeria with 57 million, Brazil with 51 million, and Bangladesh with 48 million, the United Nations Population
Funds (UNFPA) State of the Worlds Population report said.
63. Myntra.com named Kangana Ranaut as its brand ambassador
64. Assam Zoo set to become the first zoo in world to have the critically endangered pig Pygmy Hog (Porcula salvania).
Pygmy Hog is the rarest and smallest wild pig in the world.
65. International students in US at record high, China tops list, India on 2nd : The number of international students
studying in the United States is at a record high with nearly one-third of them coming from China, followed by India that
sent over over lakh students to the country in 2013-14.
66. European aerospace giant Airbus is poised to sign a deal to deliver 50 long-haul carriers to US Delta Airlines in a contract
worth $14 billion at catalogue prices.
67. Scientists for the first time developed antibiotic-free drug named Staphefekt as an alternative to antibiotics.
Note: This new drug will aid in the fight against the antibiotics-resistant superbugs such as MRSA (Methicillin-resistant
Staphylococcus aureus).
ii. Staphefekt is based on a naturally occurring enzyme called endolysins produced by viruses and attacks infections
differently to antibiotics. Unlike antibiotics, it does not destroy the harmless bacteria that live in the body.
68. Suzlon Energy installed worlds tallest hybrid wind generator turbine in Kutch, Gujarat
69. Forbes list of World's Most Powerful People 2014.
Note: i. Russian President Vladimir Putin is on the top followed by Barack Obama and XI Jinping.
ii. Indian Prime Minister Narendra Modi ranked 15th on the Forbes list. The next Indian on the list is Mukesh Ambani at
36th rank.
Top 5 on the list
1. Vladimir Putin
2. Barack Obama 3. Xi Jinping
4. Pope Francis
5. Angela Markel
70. Burger King partnered with eBay to launch its burgers online.
71. Mumbai recorded the largest number of Internet users (16.4 million internet users) in India in 2014, a study conducted
by the Internet & Mobile Association of India (IAMAI).
Note: Delhi was second with a user base of 12.1 million followed by Kolkata recorded 6.27 million internet users.
72. India is working on the inclusion of Mauritius in the group of countries to be listed in its Visa on Arrival scheme.
73. United Nations (UN) chief Ban Ki-moon launched a global campaign in Kenya to end the deadly practice of female genital
mutilation.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
21
Note: i. More than 125 million girls and women have been cut in 29 countries in Africa and the Middle East. If current
trends continue, 86 million young girls are likely to undergo same form of the practice by 2030.
74. India re-elected to UN Economic and Social Council
Note: The 193-member UN General Assembly elected 18 members of the UN Economic and Social Council (ECOSOC) to
serve a three-year term beginning January 1, 2015.
ii. The other 17 members to be elected to ECOSOC apart from India were Argentina, Austria, Brazil, Burkina Faso, Estonia,
France, Germany, Ghana, Greece, Honduras, Japan, Mauritania, Pakistan, Portugal, Trinidad and Tobago, Uganda and
Zimbabwe.
75. 11 cities across Karnataka renamed Now Bangalore will be called Bengaluru, Mangalore (Mangaluru), Mysore (Mysuru), Bellary (Ballari),
Belgaum (Belagavi), Hubli (Hubballi), Tumkur (Tumakuru), Bijapur (Vijayapura), Chikmagalur (Chikkamagaluru),
Gulbarga (Kalaburagi), Hospet (Hosapete) and Shimoga (Shivamogga).
76. SunEdison signed MoU with Rajasthan Government to set up 5000MW solar projects.
77. Sweden became the first European Union (EU) country to officially recognise the State of Palestine.
78. India is home to the second largest proportion of high-earning expatriates in the world after China and ahead of countries
such as Switzerland, Russia and Hong Kong - according to the seventh Expat Explorer survey by HSBC Expat.
79. Japanese telecom giant SoftBank will invest USD 627 million (about Rs 3,762 crore) in the online marketplace company
Snapdeal.
80. European Union leaders struck a deal on a new target to cut carbon emissions out to 2030.
Note: In the meeting held in Brussels EU leaders agreed for the 28-nation bloc to cut its emissions of carbon in 2030 by at
least 40 percent from levels in the benchmark year of 1990. An existing goal of a 20-percent cut by 2020 has already
been nearly met.
81. The European Union has nearly doubled its assistance to combat the raging Ebola virus in West Africa to 1 billion euros.
82. According to World Steel Association (WSA) data, India is worlds 4th largest steel maker. With 62.41 million tonnes
output, India remains the worlds fourth largest steel producer in the first nine (Jan- Sept) months of the current year,
preceded by China, Japan and the US.
83. Switzerland is the worlds favourite destination among expats, followed by Singapore and China, a poll on quality of life
by HSBC Bank. Other top-ranked countries were Germany, seen as stable and safe, followed by Bahrain, New Zealand,
Thailand, Taiwan, India and Hong Kong.
84. India wins UNHRC re-election. India was re-elected to the UN Human Rights Council (UNHRC) from 2015-17, receiving
the highest number of votes in the Asia-Pacific group.
Note: India is currently a member of the 47-nation UN Human Rights Council (UNHRC) and its first term is due to end on
December 31, 2014.
85. Stamp on Sri lankan Buddhist monk Anagarika Dharmapala released
86. To ensure speedy recovery of dues for investors and others hit by 5,600-crore rupees fraud at the National Spot Exchange
Ltd, Govt orders merger of National Spot Exchange Ltd (NSEL) with its holding company Financial Technologies India Ltd
(FTIL)
87. A five-year-old Indian boy, Harshit Saumitra, is the youngest to reach Everest Base Camp
88. WHO declares Nigeria free of Ebola.
89. According to WHO - Pakistan, along with Afghanistan and Nigeria, are the only three countries in the world where polio
remains endemic.
90. Union Cabinet approved inter-governmental MoU to upgrade Chabahar port of Iran. Chabahar port is located in the
Sistan-Baluchistan Province on south-eastern coast of Iran, which lies outside the Persian Gulf and it is easily accessed
from western coast of India.
Note: Two Indian companies Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT) will comprise this
venture.
91. Venezuela, Angola, Malaysia, New Zealand and Spain were elected as non-permanent members of United Nations Security
Council (UNSC) for two-year terms beginning on 1 January 2015.
Note: The five permanent Council members, which each wield the power of veto, are China, France, Russia, the United
Kingdom and the United States.
ii. Along with Lithuania, the non-permanent members that will remain on the Council until the end of 2015 are Chad, Chile,
Jordan, and Nigeria.
92. Powerful typhoon Vongfong struck Japan.
93. Hurricane Gonzalo struck Bermuda
94. The United Nations owes India USD 110 million, the second highest outstanding payment to any country, for costs
relating to peacekeeping operations and troops.
Note: Apart from India, Ethiopia was owed the largest amount at USD 137 million, Pakistan at USD 109 million and
Bangladesh at USD 108 million.
95. India among five nations to build world's largest telescope (Thirty meter Telescope TMT).
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
22
Note: India along with Japan, the US, China and Canada will start work on the worlds biggest telescope on Mauna Kea
Hawaii Island
ii. The 30-meter telescope will be established near the summit of the Mauna Kea volcano with a cost of $1.4 billion.
iii. Japan is expected to cover about a quarter of the construction costs.
96. India ranks 18th on list of most desirable places to work.
Note: The US has been ranked on the top, followed by the UK, Canada, Germany and Switzerland, making them the five
most desirable countries to work on the list compiled by the Boston Consulting Group, total jobs.com, and The Network.
97. Nokia to shut down its Chennai factory from Nov. 1, 2014.
98. Sebi bars DLF and its chief KP Singh from securities market for 3 years after finding the company guilty of "active and
deliberate suppression" of material information at the time of its public offer.
99. Amazon founder Jeff Bezos visited India. Amazon said it will invest USD 2 billion (over Rs 12,000 crore) in India to
expand business, a day after its largest Indian rival Flipkart announced USD 1 billion in funding
100. Union Government declared 25 September as Antyodya Diwas. Antyodya diwas was observed to mark the 98th birth
anniversary of Pandit Deendayal Upadhyay.
101. Chinas e-commerce giant Alibaba gets approval to set up private bank in China
102. Alibaba Group Holding Ltd's initial public offering (IPO) now ranks as the world's biggest in history at $25 billion, after
the e-commerce giant and some of its shareholders sold additional shares. Jack Ma is the founder of Alibaba
Note: The IPO surpassed the previous global record set by Agricultural Bank of China Ltd in 2010 when the bank raised
$22.1 billion.
103. Bamiyan has been selected to be the SAARC cultural capital for a year beginning April 2015. Dhaka will be the SAARC
cultural capital in 2016-17. The year 2016-17 will also be declared the SAARC Year of Cultural Heritage.
104. Forbes India released The 100 Richest Indian List 2014: According to the Forbes India List, the Top 10 Richest people
of India:1. Mukesh Ambani; 2. Dilip Shanghvi; 3. Azim Premji; 4. Pallonji Mistry; 5. Lakshmi Mittal; 6. Hinduja brothers;
7. Shiv Nadar; 8. Godrej family; 9. Kumar Birla; 10. Sunil Mittal
Note: Mukesh Ambani topped the list for the eighth consecutive year with a net worth of 23.6 billion US dollars.
105. Prime Minister Narendra Modi to be conferred with honorary doctorate degree by the Dr Nelson Mandela School of
Public Policy of the university.
106. NASAs MAVEN spacecraft enters Mars orbit to study how the Red Planets climate changed over time from warm and
wet to cold and dry.
107. India may become fifth largest exporter by 2030: HSBC report
Note: The report says, UAE is likely to remain top export destination for India till 2030, and China is forecast to emerge as
the second largest export market, displacing the US by 2030.
108. Supreme Court ruled 3 percent quota for disabled persons in all government jobs
109. The Asian Development Bank has agreed to give $150-million loan to the Government of India to help build
transmission lines for renewable energy in Rajasthan.
110. Tata Nano to be revamped and launched as a 'Smart City Car' next year.
111. United Bank of India declared Kingfisher Airlines and its owner Vijay Mallya
as willful defaulter
Note: Wilful Default: A wilful default occurs when either a borrower has not
repaid when he can do so, or when sanctioned funds have been used for
other purposes or when the borrower disposes off the assets assured for
availing of the loan without the banks knowledge.
112. Asia's first Ballistic Research Centre to open in Gujarat: India will have
Asia's first Ballistic Research Centre which will help it in achieving selfreliance in testing of armored vehicles.
113. 2015-16 to be observed as Water Conservation Year.
Important News - States
1.
The United States (US) became the partner country for Vibrant Gujarat
Global Investor Summit 2015.
Note: US will be the eighth country to partner the event. Other partner
countries include UK, Netherlands, Canada, Australia, Singapore, South Africa
and Japan.
2. Gujarat to host 13th edition of Pravasi Bharatiya Divas.2015 happens to be
the 100th year of Mahatma Gandhis return to India from South Africa. To
reflect this, the event will showcase his work and achievements.Theme
Bharat ko jano and Bharat ko mano.
3. BJP emerged as single largest party in Jharkhand for the 81-member
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
23
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
24
rocks on the bank of Hasdeo river near Manendragarh in Koriya district a couple of years back.
30. PM Narendra Modi inaugurated India Food Park in Tumkur in Karnataka.
Note: i. The food park is an initiative of Future Group chief Kishore Biyani.
ii. Moreover, Food Processing Ministry will approve 17 such food parks across the country over the next few months
31. Tamil Nadu government announced Price Stabilization fund for green tea leaf with a corpus of 12 crore rupees
32. Andhra Pradesh Govt. signed the Memorandum of Understanding (MoU) agreement with Google India for Digital AP
project. Google India will work with the AP government to get women and small and medium businesses online and help
them gain from the internet economy.
33. Alliance Air, the wholly owned subsidiary of Air India, signed a Memorandum of Understanding with the North East
Council for flight operations in the North East.
34. Punjab, tops in CPSE investments: Punjab, Maharashtra, Bihar and Odisha are the only four states amid top 20 major
states in India that have seen a surge in employment generated by the Central Public Sector Enterprises (CPSEs) while rest
of the states have recorded a fall ranging between 3-22 per cent
Note: Gujarat has rank 12th recorded a decline of over 14 per cent in employment generated by the Central Public Sector
Enterprises (CPSEs) between 2008-09 and 2012-13
35. The Uttar Pradesh government decided to open Nirbhaya Centers in all districts of the state.
36. MP to host Global Investors Summit at Indore to attract foreign investment
37. Goa became a permanent venue for the International Film Festival of India (IFFI).
38. DMRC observed World Green Building Week from 22 September 2014 to 27 September 2014. The Delhi Metro has decided
to design all its phase-III stations as green buildings.
39. Delhi Police to launch its first e-police station to deal with vehicle thefts
40. West Bengal cabinet cleared farmer-friendly project Sech-Bandhu Prakalpa to boost irrigation
41. Bihar government recognised transgender as third gender
42. Uttarakhand Government declared 9 September as Himalaya Diwas
43. Union Cabinet approved Telecom Development Plan for the North-Eastern Region. The proposal entails an estimated cost
of over Rs 5,336 crore.
44. Andhra gets new capital, to be located in Vijayawada region.
Note: Andhra Pradesh was bifurcated to create a new state of Telangana earlier this year in June. Hyderabad will serve as
the shared capital of Telangana and Andhra Pradesh for another 10 years until 2024. After that, Hyderabad will belong to
the new state of Telangana.
45. The country's first First kisan mandi outside is to set up at Alipur in north Delhi.
Note: This first such mandi, termed a 'kisan mandi', is being set up by the Small Farmers' Agri-Business Consortium
(SFAC), a body under the Union ministry of agriculture.
46. Karnataka became first state in India to launch Health Adalat.
Note: It was launched to address health issues at the grassroots level and ensure that all health facilities extended by the
government reached all sections of society.
47. Ancient Nalanda University, was formally inaugurated in its modern avatar by External Affairs Minister Sushma Swaraj
in Rajgir.
Note: Nalanda University Vice-Chancellor - Gopa Sabharwal
Chairman of the Governing Body of the university - Economist Amartya Sen
iii. Centre allocates over Rs. 2700 cr for Nalanda University
Council Ministers and their Constituency
1. Narendra Modi - Varanasi
2. Rajnath Singh - Lucknow
3. Sushma Swaraj - Vidisha (Madhya Pradesh)
4. Arun Jaitley - Rajya Sabha (Gujarat)
5. M. Venkaiah Naidu - Rajya Sabha (Karnataka)
6. Nitin Jairam Gadkari - Nagpur (Maharashtra)
7. Manohar Parrikar Rajya Sabha (U.P.)
8. Suresh Prabhu - Rajya Sabha (Haryana)
9. D.V. Sadananda Gowda - Bangalore North (Karnataka)
10. Uma Bharati - Jhansi (Uttar Pradesh)
11. Dr. Najma A. Heptulla - Rajya Sabha (Madhya Pradesh)
12. Ramvilas Paswan - Hajipur (Bihar)
13. Kalraj Mishra - Deoria (Uttar Pradesh)
14. Maneka Sanjay Gandhi - Pilibhit (Uttar Pradesh)
15. Ananth Kumar - Bangalore (South)
16. Ashok Gajapathi Raju Pusapati - Vizianagaram (Andhra Pradesh)
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
25
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
26
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
27
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
28
SUMMIT
1. Lima Climate Change Conference - December 2014
i. Officials from over 190 nations, including India converged in Lima at the UN climate summit to negotiate on a new
ambitious and binding deal to cut global carbon emissions.
ii. During the 12-day summit in the Peruvian capital, countries will put forward what they plan to contribute to the
2015 pact in the form of Intended Nationally Determined Contributions (INDCs) by the first quarter of 2015, well in
advance of the Paris conference in December.
iii. Environment Minister Prakash Javadekar leads India's 17- member delegation to negotiate terms for the final
agreement to be signed in Paris, which will take effect in 2020.
2.
3. G 20 Summit:
G20 Leaders Summit (2014) held in Brisbane,
Queensland (Australia).
G-20 meeting (2014) of Finance ministers and central bank
governors held in Cairns (Australia).
G-20 Labour and Employment Ministerial meet held in Melbourne (Australia)
15th G-20 Summit 2015 Turkey
16th G-20 Summit 2016 China
About G-20i. The G20 is the premier forum for international economic cooperation and decision-making, with members from 19
countries plus the European Union.
iii. G20 members account for 85 percent of the world economy, 80 percent of global trade and two-thirds of the
world's population.
iv. The G20 represents all geographic regions of the world, but remains small enough to be an effective decision-making
body.
v. The members are: Argentina, Australia, Brazil, Canada, China, European Union, France, Germany, Indonesia, India,
Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom and the United
States.
4. NATO Summit 2014- Wales (Britain)
Note: This is the first NATO summit since Chicago in 2012,
ii. Britain last hosted the summit in 1990, when Margret Thatcher was Prime Minister
About NATO (North Atlantic Treaty Organisation) - NATOs essential purpose is to safeguard the freedom and
security of its members through political and military means.
Chief Jens Stoltenberg
Members 28 countries members.
Headquarter Brussels, Belgium
5.Nuclear security summit
i. 3rd Summit 2014 : Hague, Netherland
ii. 4th Summit 2016: United States
6.BRICS summit 6th BRICS Summit 2014: Fortaleza, Brazil Theme "Inclusive Growth: Sustainable Solutions.
Next 7th BRICS Summit to be held in Ufa, Russia
Note: Ufa is the capital city of the Republic of Bashkortostan, Russia, and the industrial, economic, scientific and cultural
centre of the republic.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
29
The New Development Bank (NDB), is operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an
alternative to the existing World Bank and International Monetary Fund.
The New Development Bank headquarter will be in Shanghai, China.
The Bank will have a rotating chair and its first President will come from India for the first six years.
7. IBSA Summit: India will host the next summit of IBSA (India, Brazil, South Africa) in New Delhi in 2015.
8.G 8 Summit:
G-8 Countries: Canada, France, Germany, Italy, Japan, Russia, Britain and the US
40th G-7 summit 2014 held at Brussels.
Note: It was the first time that the EU hosted a G7 summit. The summit is jointly represented by the European
Council President Herman van Rompuy and the European Commission President.
OTHERS SUMMIT
International Buddhist Conference 2014 held in Nepal
9th East Asia Summit held in Nay Pyi Taw, Myanmar
45th International Film Festival of India begins in Goa.
The International Renewable Energy Agency, IRENA hold its eighth Council meeting in Abu Dhabi.
The World Economic Forum summit held in New Delhi
India-Arab League officials meeting held in New Delhi
Sixth World Ayurveda Congress held in New Delhi.
Note: Theme of the sixth WAC was "Health Challenges and Ayurveda
10. The 10th edition of World Islamic Economic Forum, WIEF held in Dubai.
11. G-4 foreign minister meeting held in New York to discuss Security Council reform
Note: G -4 countries include- India, Brazil, Germany and Japan
12. UN Climate Change Summit 2014 held in New York
13. 13th edition of the Pravasi Bharatiya Divas (PBD) will be held for the first time in Gandhinagar, Gujarat.
1.
2.
3.
4.
5.
6.
9.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
30
plant and upgrading the sugar industry and also a $5-million fund to develop its villages even as the two countries
agreed to expand their defence and security cooperation.
Note : PM of Fiji - Frank Bainimarama, Capital of Fiji Suva, Currency - Dollar
2. China and Australia signed a memorandum of understanding (MoU) on bilateral Antarctic cooperation.
3. India and Australia signed five pacts on social security, transfer of sentenced prisoners, combating narcotics trade,
tourism, and Arts and Culture. Australian Prime Minister Tony Abbott and his Indian Counterpart Narendra Modi agreed
to have a Free Trade deal by 2015 end.
4. The government has allocated Rs 5,000 crore rupees under AYUSH Mission for promoting traditional methods of
treatment in the country.
5. India and Bhutan signed a Memorandum of Understanding (MoU) to develop Nalanda University in Bihar as an
international centre of excellence.
6. India and Republic of Korea signed an a Memorandum of Understanding (MoU) to facilitate technical cooperation in
Railway sector between the two countries.
7. Nepal, India agree to form task force to install petro pipeline.
8. Government is planning to cover the entire country under Indira Gandhi Maatritva Sahyog Yojana by 2016.
ii. The scheme envisages providing cash directly to pregnant and lactating mothers during pregnancy and lactation to
improve health and nutrition.
9. India, Vietnam decide to step up security, defence ties. India offers USD 300mn credit line to Vietnam for trade
10. India signed the Minamata Convention on Mercury with Japan.
Note: The Minamata Convention gives five years time to India to control and reduce emissions from new power plants and
10 years time for the already existing power plants.
11. India and Nepal have inked the Power Trade Agreement (PTA), allowing exchange of electricity and opening up new
vistas of cooperation in the hydro-power sector.
12. India and United Kingdom (UK) signed a Memorandum of Understanding (MoU) on Culture Cooperation over next five
years.
13. India's low-cost carrier IndiGo signed a Memorandum of Understanding (MoU) to buy 250 A320neo Family aircraft worth
25.5 billion US dollars from Airbus Group. This agreement is Airbus single largest order by number of aircraft.
14. India and Norway signed 13 agreements to promote bilateral relations. These include agreement between Defence sector
of two countries and an agreement on exemption of visa requirement for holders of diplomatic and official passports.
15. ONGC Videsh Ltd, signed an agreement with Petroleos Mexicanos (Pemex) for cooperation in the Latin American nation.
Note: Mexico is the largest crude oil producing country in Latin America.
16. Nepal seeks technical cooperation from India for extending Provident Fund (PF)
17. India and Vietnam inked seven pacts, including one to enhance cooperation in the strategic oil sector, as they called for
freedom of navigation in the South China Sea,
18. Hero MotoCorp Limited has entered into an agreement with the Andhra Pradesh Government for setting up a Greenfield
two-wheeler manufacturing plant in Chittoor district
19. Latin American nation Peru has plans to sign a free trade agreement with India.
Note: Peru is the sixth largest gold producer, mining 5 million ounces every year. Peru is also the second largest producer
of silver and the third biggest producer of copper, tin, zinc and lead.
20. Bangladesh and India have signed a memorandum of understanding (MoU) for enhanced cooperation in the fields of
traditional medicine like Ayurveda and Unani,
21. United Arab Emirates has signed three agreements with the United Nations World Food Program, WFP, offering 31
million US dollars worth of humanitarian aid for the Syrian refugees.
22. Wildlife Trust of India (WTI) and Tata Chemicals Limited (TCL) signed MoU to setup Indias first Coral Garden in Gujarat.
This Coral Garden will be set up at Mithapur coastal region of Devbhoomi-Swarka district of Gujarat.
23. India and Germany agreed to prepare a roadmap for cooperation in skill development, solid waste management and
cleaning of rivers.
24. India signed loan agreement with World Bank for Mizoram State Roads Project (MSRP II). As per the agreement, soft
loan window of World Bank, International Development Agency (IDA) will provide assistance of 107 million US dollars
for the Project.
25. India and Czech Republic signed MoU on technical cooperation in Railway.
26. India to give grant of $1 million for construction of cricket stadium in Afghanistan. The stadium is set to come up in
Aino Mina, a northern suburb of Kandahar city on land donated to the Afghanistan Cricket Board in 2012.
Villages adopted by MPs in Sansad Adarsh Gram Yojana, SAGY
1. Narendra Modi has adopted Jayapur village from his constituency Varanasi in Uttar Pradesh
2. Union Home Minister and Lucknow MP Rajnath Singh has adopted Beti village in the Lucknow District
3. Sonia Gandhi adopted Udwa village in her constituency Rae Bareli in Uttar Pradesh.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
31
4.
5.
6.
7.
Rahul Gandhi adopted Deeh village in his constituency Amethi in Uttar Pradesh
Sachin Tendulkar adopts Andhra village of Puttamrajuvari Kandrika
Union Minister V K Singh adopted Mirpur Hindu in Ghaziabad, Uttar Pradesh
Assam's first time Congress MP and Chief Minister Tarun Gogoi's son, Gaurav Gogoi adopts Gondhokoroi village in
Golaghat
8. BJP MP from Pauri BC Khanduri adopts Devli Bhanigram village in Uttarakhand
9. Hema Malini adopts Raval village in Uttar Pradesh
10. Arunachal MP Ninong Ering adopts Takilalung village in East Siang district
11. BJP MP from Haridwar Ramesh Pokhariyal Nishank to develop Govardhanpur under MP Model village scheme
12. Chiranjeevi adopts a village named Perupalam in West Godavari district
13. LS Speaker Sumitra Mahajan adopts Patlod in Indore District in Madhya Pradesh
14. Kirron Kher, member of Parliament (MP), Chandigarh, has adopted Sarangpur village in Chandigarh
Scheme & Plan Launched by Union & State Government:
1. Union Ministry of Health and Family Welfare launched Mission Indradhanush
Under Mission Indradhanush, four special vaccination campaigns will be conducted between January and June 2015 with
intensive planning and monitoring of these campaigns.
201 districts will be covered in the first phase of the mission, 297 districts will be targeted for the second phase in the year
2015.
Out of the 201 districts, 82 districts are in just four states of UP, Bihar, Madhya Pradesh and Rajasthan and nearly 25
percent of the unvaccinated or partially vaccinated children of India are in these 82 districts of 4 states.
The Ministry will be technically supported by WHO, UNICEF, Rotary International and other donor partners.
Mass media, interpersonal communication, and sturdy mechanisms of monitoring and evaluating the scheme are crucial
components of Mission.
2. Govt launches Digital India initiatives on Good Governance Day
To mark the Good Governance Day, Telecom Minister Ravi Shankar Prasad announced 21 schemes including one-month
rental free MTNL broadband and landline combo plans on new bookings.
Key projects include time stamping of digital signature, Integrated Indian Languages Virtual Keyboard for Android, PARAM
Shavak (Super computer in box solution), .bharat domain in Gujarati and Bangla, e-launch of Support International Patent
Protection in Electronics & IT scheme (SIP-EIT).
Another launch was that of C-DOT's solution MAX-NG, a cost effective and smooth migration path to Internet Protocol
Multimedia Systems (IMS).
Department of Electronics and IT (DeitY) also launched Gyansetu, which is an Internet based real time ICT system to
provide eServices to the rural population and e-Governance Competency Framework (e-GCF). DeitY has also taken various
initiatives like MyGov, Aadhaar-enabled Biometric attendance system, Jeevan Pramaan, eGreetings, eSampark, National
Digital Literacy Mission, eGovernance Competency Framework to promote good governance.
More about Gyan Setu Project
I.
Electronics Corporation of India Limited (ECIL) has signed a Memorandum of Understanding with the Centre for
Development of Telematics (C-DOT) .
II.
GYAN SETU helps the rural masses with low literacy level and has exposure only to local language, in getting connected
to the internet through a power optimized rugged platform for highly visual based e-services.
3. Union Government launched Madan Mohan Malviya National Mission on Teachers and Teaching
i . Union Government launched Madan Mohan Malviya National Mission on Teachers and Teaching on 25 December 2014.
ii. Prime Minister Narendra Modi launched the mission at Banaras Hindu University, Varanasi.
iii. The mission was launched the mission with an outlay of 900 crores rupees during 12th five year plan.
iv. It envisages to addressing comprehensively all issues related to teachers, teaching, teacher preparation, professional
development, Curriculum Design, Designing and Developing Assessment & Evaluation methodology, Research in Pedagogy and
developing effective Pedagogy.
Udaan programme for girls
i. Union Human Resource Development (HRD) Minister Smriti Irani launched Udaan programme for girls.
ii. The Udaan programme for girls is designed to provide a comprehensive platform to girl students to pursue higher education
in engineering and assist them in preparing for the IIT-JEE while studying in Classes XI and XII.
iii. There is no financial burden as the entire programme is free for the beneficiaries.
4. Union Ministry of Tribal Affairs launched Vanbandhu Kalyan Yojana
I. Union Ministry of Tribal Affairs launched Vanbandhu Kalyan Yojana (VKY) for welfare of Tribal people and particularly
to lift human development indices of tribal people.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
32
II. It was launched on pilot basis in one block each of the States of Andhra Pradesh, Madhya Pradesh, Himachal
Pradesh, Telangana, Orissa, Jharkhand, Chhattisgarh, Rajasthan, Maharashtra and Gujarat.
Highlights of the Vanbandhu Kalyan Yojana (VKY)
i. Under the scheme, Union Government will provide 10 crore rupees for each block for the development of various
facilities for the Tribal people.
ii. These blocks have been selected on the recommendations of the concerned States and have very low literacy rate.
Initially the blocks having at least 33 percent of tribal population in comparison to total population of the block will be
targeted under the scheme.
5. Deendayal Upadhyaya Gram Jyoti Yojana: Government approved Rs 43,033-crore rural electrification scheme
Deendayal Upadhyaya Gram Jyoti Yojana.
Note: The scheme will replace the existing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).
ii. The scheme is likely to work towards improvement in hours of power supply in rural areas, reduction in peak load,
improvement in billed energy based on metered consumption and providing access to electricity to rural households.
6. Union Government launched the nationwide Bal Swachhta Mission:
About Bal Swachhta Mission
i. The Bal Swachhta Mission is a part of the nationwide sanitation initiative of Swachh Bharat Mission that was launched by
the Prime Minister on 2 October 2014.
The nationwide Bal Swachhta Mission will have the following six themes:
1. Clean Anganwadis
2. Clean Surroundings like Playgrounds
3. Clean Self (Personal Hygiene/Child Health)
4. Clean Food
5. Clean Drinking Water
6. Clean Toilets
7. PM launches Jeevan Pramaan - Digital Life Certificate for Pensioners an "Aadhar-based Digital Life Certificate" for
pensioners,
8. PM launches Pt Deendayal Upadhyay Shramev Jayate programme to ensure labour reforms and also to ensure
transparency in the labour sector.
Under the scheme, the following new initiatives are provided:
Labours will be provided Unique Labour Identification number, Local Interconnect Network, to facilitate their online
registration.
Unified Labour Portal (Shram Suvidha) and a Transparent & Accountable Labour Inspection Scheme to facilitate ease of
compliance http://efilelaboutreturn.gov.in to facilitate ease of compliance especially for four Central Government
Organizations i.e. ESIC, EPFO, DGMS and CLC.
Demand Responsive Vocational Training
Apprentice Protsahan Yojana
Portability through Universal Account Number for Employees Provident Fund Account Holders
Implementation of Revamped Rashtriya Swasthya Bima Yojana (RSBY) for the workers in the unorganized sector
Note: Launching another initiative called Labour Inspection Scheme to abolish inspector raj, the Prime Minister said, a
computerized list of inspections will be generated randomly for labour inspectors. It will be mandatory for them to upload
inspection reports within 72 hours.
9. Prime Minister launches Saansad Adarsh Gram Yojana an ambitious village development project under which each MP
will take the responsibility of developing physical and institutional infrastructure in three villages by 2019.
Note: Under this yojana around 2,500 villages to be developed as Adarsh Gram
10. Union Government launched Jammu Kashmir Arogya Gram Yojna in J&K
i. The scheme aims to encourage farmers in J&K to cultivate scientifically tested and commercially beneficial aromatic and
medicinal plants in the state.
ii. The scheme is a part of the grand plan of the Government to convert the hilly areas of the country as exclusive zones of
high-value organic farm products.
iii. The Union Government will initially spend over 25 crore rupees on this scheme.
About the Scheme
i. Under the scheme, Council for Scientific and Industrial Research (CSIR), will help the farmers with expert guidance and
provide them saplings of as many as nine varieties of medicinal and aromatic plants. CSIR is the Research and
Development body of the government.
ii. The plant varieties, selected for J&K, include five different varieties of lemon grass (Cymbopogon), Rose (Rosa), Mint
(Mentha), Ashwagandha (Withaniasomnifera) and Phalsa fruit
plant.
iii. Initially, 1000 villages of Kathua, Jammu and Udhampur
in the state will be covered under the scheme. Similar schemes
will be launched in other states, keeping in mind soil condition,
suitable plant varieties and size and type of land holdings.
11. Swachh Bharat Mission (Ek Kadam Swachhata Ki Aur)
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
33
launched on Oct 2: The concept of Swachh Bharat is to pave access for every person to sanitation facilities including
toilets, solid and liquid waste disposal systems, village cleanliness and safe and adequate drinking water supply.
Important Points:
1. The Mission aims at fulfilling the dream of clean India of Mahatma Gandhi by his 150th birth anniversary in 2019.
2. Logo created by Shri Anant Khasbardar of Kolhapur, Maharashtra has won the Logo design contest
3. The Tagline Ek Kadam Swachhata Ki Aur was given by Ms.Bhagyasri Sheth of Rajkot, Gujarat emerged successful
in the contest for Tagline for the Logo.
4. PM Narendra Modi appointed bollywood actor Aamri Khan as the Brand Ambassador of the Swachh Bharat Mission
5. Prime Minister roped 9 celebrities including cricket icon Sachin Tendulkar, Congress leader Shashi Tharoor,
industrialist Anil Ambani, Salman Khan, Priyanka Chopra and Kamal Haasan, Goa governor Mridula Sinha, yoga guru
Ramdev and the team of TV serial "Tarak Mehta Ka Ulta Chashma".
12. Prime Minister launches 'Make in India' global initiative with an aim to boost India`s manufacturing sector.
13. Union Government launched Deen Dayal Upadhyaya Antyodaya Yojana for urban and rural poor
Note: i. Deen Dayal Upadhyaya Antyodaya Yojana has two components one for urban India and other for rural India.
ii. The Urban component will be implemented by the Union Ministry of Housing & Urban Poverty Alleviation
iii. Rural component named as Deen Dayal Upadhyaya Grameen Kaushalya Yojana will be implemented by the Union
Ministry of Rural Development.
Main Highlights of the Urban Scheme
i. Imparting skills with an expenditure of 15000 rupees to 18000 rupees on each urban poor
ii. Enabling urban poor form Self-Help Groups for meeting financial and social needs with a support of 10000 rupees per
each group who would in turn would be helped with bank linkages.
Main Poins of the Rural Scheme
i. The Yojana aims at training 10 lakh (1 million) rural youths for jobs in three years, that is, by 2017.
ii. The minimum age for entry under the Yojana is 15 years compared to 18 years under the Aajeevika Skills Programme.
iii. The skills imparted under the Yojana will now be benchmarked against international standards and will complement
the Prime Ministers Make In India campaign.
14. Union Ministry of Science & Technology announces KIRAN( Knowledge, Involvement, Research, Advancement through
Nurturing) scheme for Women Scientists
Objectives:i. To increase the number of women researchers in India.
ii. Provide Research grants particularly to those female researchers and technologists who had to take a break in career
owing to household reasons.
iii. Bring about, as far as achievable, gender parity in the field of science and technology.
15. Government will soon launch Universal Health Assurance Mission to provide affordable health services to people.
Under the mission about 50 essential drugs with a diagnostic package and 30 AYUSH drugs will be made available to all
citizens at government hospitals and health centers across the country.
16. Bhamashah Financial Empowerment Scheme Government of
Rajasthan
The Government of Rajasthan has embarked upon Bhamashah Financial
Empowerment Scheme, (BFES) whereby the Government will deposit
Rs.1500/- into the savings accounts of 50 lakh rural families belonging to
Below Poverty Line (BPL)
17. Rashtriya Swasthya Bima Yojana: RSBY started rolling from 1st April
2008.
Note: i. RSBY has been launched by Ministry of Labour and Employment,
Government of India to provide health insurance coverage for Below
Poverty Line (BPL) families.
ii. The objective of RSBY is to provide protection to BPL households from
financial liabilities arising out of health shocks that involve hospitalization.
iii. Beneficiaries under RSBY are entitled to hospitalization coverage up to
Rs. 30,000/- for most of the diseases that require hospitalization.
18. National Pension System -: Government of India established Pension Fund
Regulatory and Development Authority (PFRDA)- External website that
opens in a new window on 10th October, 2003 to develop and regulate
pension sector in the country.
The National Pension System (NPS) was launched on 1st January, 2004
with the objective of providing retirement income to all the citizens.
Note: i. Under Swavalamban Scheme- External website that opens in a new
window, the government will contribute a sum of Rs.1,000 to each
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
34
eligible NPS subscriber who contributes a minimum of Rs.1,000 and maximum Rs.12,000 per annum. This scheme is
presently applicable upto F.Y.2016-17.
ii. The subscriber will be allotted a unique Permanent Retirement Account Number (PRAN). This unique account number
will remain the same for the rest of subscriber's life. This unique PRAN can be used from any location in India.
19. Aajeevika - National Rural Livelihoods Mission (NRLM) was launched by the Ministry of Rural Development (MoRD),
Government of India in June 2011. The basic idea behind this programme is to organize the poor into SHG (Self Help
Groups) groups and make them capable for self-employment.
20. Indira Awas Yojan: It is one of the major flagship programs of the Rural Development Ministry to construct houses for
BPL population in the villages
Note: i. The financial assistance provided for new construction in the form of full grant is Rs.70,000/- per unit for plain
areas & Rs.75,000/- for hilly/difficult areas.
ii. Further, an IAY beneficiary can avail top-up loan upto Rs 20,000/- under the Differential Rate of Interest (DRI Scheme)
from any Nationalized Bank at an interest rate of 4% per annum.
21. Pradhan Mantri Krishi Seenchayi Yojana: Pradhan Mantri Krishi Seenchayi Yojana was announced by Prime Minister
Narendra Modi . The Yojna has been announced to meet the irrigation needs of all farmers across the country. Sum of 1000
crore rupees has been allocated for implementation of the scheme.
22. Karnataka, Kerala sign MoU for rural livelihood mission: As per the MoU, Kerala Governements Kudumbashree and
Karnataka State Rural Livelihood Mission are to help train and hand-hold rural Self Help Groups (SHGs) in Karnataka.
23. Govt re-launches Varishtha Pension Bima Yojana: The government has re-launched the Varishtha Pension Bima Yojana,
for the benefit of citizens aged 60 years and above.
Note: It will provide monthly pension ranging from 500 to 5,000 rupees per month to senior citizens of the country.
ii. The Scheme will be administrated by the Life Insurance Corporation, LIC.
24. National rural scheme on PPP model launched: Rural Development Minister Nitin Gadkari launched the Shyama Prasad
Mukherjee National Rural Mission on PPP model with an allocation of 100 crore rupees.
Note: The scheme will be initially available in three districts of the country on pilot basis. The districts are Warangal in
Andhra Pradesh and two districts in Maharashtra.
ii. The scheme is intended to stop migration from rural areas to
cities. The government wants to create infrastructure in
villages so that people can get employment there and do not
migrate to cities.
25. Padho Pardesh scheme for minority community:
Government has launched a scheme titled, Padho Pardesh, for
providing interest subsidy on educational loans for overseas
studies for students belonging to the notified minority
communities like Muslims, Christians, Sikhs, Buddhists, Jains and Parsis.
"Niti Ayog"
India's Planning Commission will be renamed "Niti Ayog" (National Institution for Transforming India) as part of a plan to
restructure the institution that the government believes has run its course.
The name, replacing "Yojana (planning)" with "Niti (policy)" will be announced in an amended resolution for the new plan
body.
The Planning Commission had suggested to a group chaired by Prime Minister Narendra Modi that its replacement body
should be structured to meet the need of changing economic paradigm and comprise sectoral experts and states'
representative. The restructured plan panel could be a combination of three or four divisions.
The NITI Aayog will comprise the following:
Prime Minister of India as the Chairperson
Governing Council comprising the Chief Ministers of all the States and Lt. Governors of Union Territories
Regional Councils will be formed to address specific issues and contingencies impacting more than one state or a region.
These will be formed for a specified tenure. The Regional Councils will be convened by the Prime Minister and will
comprise of the Chief Ministers of States and Lt. Governors of Union Territories in the region. These will be chaired by the
Chairperson of the NITI Aayog or his nominee.
Experts, specialists and practitioners with relevant domain knowledge as special invitees nominated by the Prime Minister
The full-time organizational framework will comprise of, in addition to the Prime Minister as the Chairperson:
i. Vice-Chairperson: To be appointed by the Prime Minister
ii. Members: Full-time
iii. Part-time members: Maximum of 2 from leading universities research organizations and other relevant institutions in an
ex-officio capacity. Part time members will be on a rotational basis.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
35
iv. Ex Officio members: Maximum of 4 members of the Union Council of Ministers to be nominated by the Prime Minister.
v. Chief Executive Officer : To be appointed by the Prime Minister for a fixed tenure, in the rank of Secretary to the Government
of India.
vi. Secretariat as deemed necessary.
Awards & Honours
1. The President's Office announced the Bharat Ratna award to Pandit Madan Mohan Malaviya (posthumously) and former
Prime Minister Atal Bihari Vajpayee on the eve of Mr. Vajpayee's 90th birthday and the 153rd birth anniversary of Pandit
Malviya.In 2013, the award was conferred to cricketer Sachin Tendulkar and scientist C.N.R Rao.
2. Miss World 2014: Aishwarya Rai Bachchan felicitated by the Miss World Organisation at the 64th edition of the
international beauty pageant for her commitment to beauty with a purpose since winning the crown two decades ago.
3. Miss South Africa Rolene Strauss crowned Miss World 2014 at the final of the beauty pageant held in London, UK. Miss
Hungary, Edina Kulcsar, was the runner-up and Miss United States, Elizabeth Safrit, came third in the 64th annual
competition, contested by women from 121 countries.
4. Asha Bhosle awarded DIFF Lifetime Achievement Award 2014 at the 11th Dubai International Film Festival (DIFF)
held in Dubai.Along with her, another Egyptian actor Nour El-Sherif was also received the DIFF Lifetime Achievement
Award for his work on over 100 films.
5. Ruhi Singh won Miss Universal Peace & Humanity 2014. at Beirut, Lebanon among the 145 other countries.
6. Ebola fighters named Time's 2014 'Person of the Year'
7. Azim Premji awarded Swiss Ambassador's Award in Mumbai for inspirational and socially responsible leadership.
8. Warren buffet became second richest person of World He replaced Carlos Slim, business magnate of Mexico. Bill
Gates is the world richest person.
9. Gwladys Nocera of France won Hero Women's Indian Golf Open 2014 at the Delhi Golf Club. She received the prize
money of 300000 US dollars.
10. Satyarthi, Malala received Nobel awards.
i. Child rights activists Indias Kailash Satyarthi and Pakistans Malala Yousafzai, along with 11 others will receive this
years Nobel Prizes.The Nobel Laureates take centrestage in Swedens capital Stockholm and Norwegian Oslo, where they
will receive the Nobel medals, Nobel diplomas and documents confirming the Nobel Prize amount.
iii. Satyarthi, 60, and Yousafzai, 17, will share the $1.1-million Peace Prize at Oslo, while all the other awards will be
presented in Stockholms
11. Modi wins TIME readers poll for Person of the Year.
12. Modi, Mukesh Ambani most searched personalities in 2014: Yahoo.
13. India sets new world record for largest human flag formed by over 50,000 volunteers, beating the previous record held
by Pakistan.
14. Narndra Modi named 'Asian of the Year' by Singapore's Straits Time.
15. Canara Bank has been conferred with the Niryat Bandhu Silver Trophy in the in the banks category for its support
services rendered for promotion of exports.
16. Film artist of Ireland Duncan Campbell Turner Prize 2014 for a video called It For Others. The video reflects on African art
and includes a dance sequence inspired by Karl Marx. He received the prize of 25000 pounds at Tate Britain in London.
17. Former Indian football captain Baichung Bhutia has been conferred with the Asian Football Confederation (AFC) Hall of
Fame Award.He received the award in Manila, Philippines on the occasion of afc's 60th anniversary. FIFA President Sepp
Blatter presented the award to Baichung, the only Indian in the AFC's Hall of Fame.All India Football Federation President
Praful Patel was present on the occasion.
18. Entrepreneur of the Year - Dhiraj Rajaram and Chandra Shekhar Ghosh
The award was sponsored by Standard Chartered Bank. Since 2012, Standard Chartered Bank has been the presenting
sponsor of The Economic Times Awards for Corporate Excellence.
19. The Economic Times Awards for Corporate Excellence announced
The awards were announced in the following category:
Business Leader of the Year Dilip Shanghvi
Company of the Year Tata Consultancy Services
Emerging Company of the Year Adani Ports & SEZ
Global Indian of the Year Satya Nadella
Startup of the Year Zomato
Business Reformer of the Year UK Sinha
Corporate Citizen of the Year Tata Steel
Lifetime Achievement Yusuf Hamied
20. Russian film Leviathan by Andrey Zvyagintsev won the best film award comprising Golden Peacock and Rs.40 lakh at the
45th International film Festival of India.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
36
ii. Mr. Alexey Serebryakov from the Leviathan also shared the best male actor award in the Cimena of the World
competition.
21. Trilochan Sastry, Professor in Quantitative Methods and Information Systems, Indian Institute of Management Bangalore
(IIMB), has been awarded the 11th Bharat Asmita, an honour instituted by the Pune-based MIT group of institutions.
22. Boxer Manoj Kumar today received the prestigious Arjuna Award from Sports Minister
23. Sarbananda Sonowal.the 2010 Commonwealth Games gold-medalist, was bestowed with the honour in a function
organised in the National capital.
24. United Nations (UN) Women announced the appointment of Indian tennis superstar and youth icon, Sania Mirza, as its
Goodwill Ambassador for South Asia. The organisation is dedicated to gender equality and womens empowerment.She
became the first South Asian woman to be appointed as a Goodwill Ambassador.The other Goodwill Ambassadors include
British actor Emma Watson, Academy Award winner Nicole Kidman, HRH Princess Bajrakitiyabha Mahidol of Thailand,
and Indian actor-filmmaker-singer Farhan Akhtar.
25. Aaranyak, an Assam-based NGO working for the conservation of nature and a Kathmandu-based International Centre for
Integrated Mountain Development (ICIMOD) won United Nations Lighthouse Activities award for the year 2014.They won
the award under the focus area of information and communication technology (ICT) solutions.They won the award for its
community-based flood early warning system that has benefited 40 villages in flood-prone Dhemaji and Lakhimpur
districts. Since 2010-11, the system has directly or indirectly benefitted more than 20000 people living in the catchment
areas of two rivers, Jiadhal in Dhemaji and Singora in Lakhimpur districts.
26. Lahore-based author Bilal Tanweer on 24 November 2014 won the 2014 Shakti Bhatt First Book Prize for his novel The
Scatter Here Is Too Great (Random House India).
27. TVS Chairman Venu Srinivasan conferred honorary citizenship of Busan, Korea for his efforts to enhance friendship and
cooperation between India and Republic of Korea.
28. Veteran Pakistan-born poetess Imtiaz Dharker awarded with the Queens Gold Medal for Poetry 2014 for her latest poetry
collection Over the Moon.
29. The Lunchbox honoured by Toronto film critics at 18th annual Toronto Film Critics Association (TFCA) awards in
Toronto.
30. Tata Steel chosen among 100 most valuable brands in 2014 by World Consulting & Research Corporation (WCRC).
31. PETA India names ex-SC judge KS Radhakrishnan Man of the Year. And Bollywood actress Jacqueline Fernandez named as
Woman of the Year. Justice Radhakrishnan headed a bench that passed a landmark judgement in favour of PETA India
and the Animal Welfare Board of India, clarifying that bulls must not be used in jallikattu, bull races.
32. Xu Youyu ,Pro-democracy activist, of China won Olof Palme Human Rights Prize for the year 2014 for his strong-principled
work for democracy, social justice, human rights and freedom of speech which has universal meaning.The award given
annually by the Stockholm-based Olof Palme Memorial Fund of Sweden.
Nobel Prize 2014 33. Nobel prize in Literature Patrick Modiano (France) - "for the art of memory with which he has evoked the most
ungraspable human destinies and uncovered the life-world of the occupation".
34. Nobel prize in Economics - Jean Tirole (France) for research on market power and regulation.
35. Nobel prize in Peace - Kailash Satyarthi (India) and Malala Yousufzai (Pakistan) - "for their struggle against the
suppression of children and young people and for the right of all children to education"
Note: Kailash Satyarthi is Second Indian to win Nobel Peace Prize. The winner before him was Mother Teresa, who lived
out most of her life in India but was born in Albania.
ii. Pakistans Malala Yousafzai (17), is the youngest recipient of the prize.
iii. Child rights activist Satyarthi, runs NGO Bachpan Bachao Aandolan (Save Childhood Movement).
36. Nobel prize in Medicine for their discoveries of cells that constitute a positioning system in the brain" [Brain GPS]
1. John O'Keefe (British-American researcher)
2. Edvard Moser (Norway)
3. May-Britt Moser (Norway)
37. Nobel prize in Physics for Invention of blue LEDs
1. Isamu Akasaki (Akasaki is a Japanese citizen and works at Meijo University and Nagoya University)
2. Hiroshi Amano (Amano is a Japanese citizen and works at Nagoya University)
3. Shuji Nakamura (Nakamura is a US citizen and works at University of California, Santa Barbara)
38. Nobel Prize in Chemistry "for the development of superresolved fluorescence microscopy".
1. Eric Betzig (American)
2. William E Moerner (American)
3. Stefan W Hell (German, Heidelberg University)
Others Awards
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
37
39. Indira Gandhi prize for peace, disarmament for 2014: Indian space agency ISRO conferred the Indira Gandhi Prize for
Peace, Disarmament and Development for 2014 in recognition of its contribution in strengthening international
cooperation in peaceful use of outer space.
40. Polly Umrigar Award 2013-14: Pacer Bhuvneshwar Kumar is selected for Polly Umrigar Award for the 2013-14
season.
41. C.K. Nayudu Lifetime Achievement Award2014 - Former India captain Dilip Vengsarkar conferred with the C.K.
Nayudu Lifetime Achievement Award.
42. Pope Francis conferred sainthood on two Indians -Father Kuriakose Elias Chavara and Sister Euphrasia. Pope Francis
pronounced them as saint at a special mass St Peter's Square at Vatican. Father Kuriakose Elias Chavara is popularly
known as Chavara Achen and Sister Euphrasia is popularly known as Evuprasiamma both were from Kerala.
43. Deutsche Bank won Channel Islands Custodian of the Year 2014 .
44. Hanumappa Sudarshan of Karuna Trust won 10th India Social Entrepreneur of the Year 2014 Award
45. Rubber Board wins Indira Gandhi Rajbhasha Award: The Department of Official Language under Ministry of Home
Affairs has selected Rubber Board for the Indira Gandhi Rajbhasha Award (First Prize) for excellence in the
implementation of the official language policy for the year 2013-14.
46. Indian-American Neha Gupta won International Childrens Peace Prize 2014
Note: Neha, an 18-year-old Indian American from Philadelphia was awarded for her work to help orphans in India and
other vulnerable children. Neha became the first ever American to be awarded with the prize.
47. Veteran classical vocalist Pandit Jasraj conferred with the Sumitra Charat Ram Award 2014 for Lifetime Achievement.
Sumitra Charat Ram Award: The award was instituted in 2011 to honour stalwarts in art and was named after Sumitra
Charat Ram who founded the Shriram Bharatiya Kala Kendra in 1952.
48. Manmohan Singh chosen for Japan national award: Former Prime Minister Manmohan Singh has been chosen for one
of Japans top national awards for his contribution to India-Japan ties, becoming the first Indian to receive the rare honour.
49. Saiyid Hamid conferred with Sir Ross Masood Lifetime Achievement Award 2014
50. Malala Yousafzai won 2014 Worlds Children prize
51. Radio Kashmir Jammu won Gandhian Philosophy and Public Service Broadcasting award 2014
Note: Jeevan Rekha is a programme based on the live broadcasts done in the wake of flood situation in Jammu and
Kashmir by Radio Kashmir Jammu.
52. Steel Authority of India (SAIL) Chairman CS Verma received IIM- JRD Tata Award for Excellence in Corporate leadership
53. Assam government presented 1st state bravery award to Gunjan Sarma
54. Indian-origin British politician Nigel Keith Anthony Standish Vaz known as Keith Vaz named as the Labour MP of the year
2014.
55. The Centre has named actor Rajinikanth as winner of the Centenary Award for Indian Film Personality of the Year.
56. 2014 Man Booker Prize - Australian author Richard Flanagan won 2014 Man Booker Prize for his novel The Narrow
Road to the Deep North
57. Malala Yousafzai conferred 2014 Liberty Medal
58. Veteran actress Maggie Smith was made a member of the Order of the Companions of Honour, one of Britians highest
honours by Queen Elizabeth.
59. Indian-American student Sahil Doshi won Americas Top Young Scientist award for his innovative design of an ecofriendly device that seeks to reduce carbon footprint, while offering power for household usage.
60. Tamil poet Iqbal named for Singapore's highest cultural award, Cultural Medallion
61. Raghuram Rajan conferred Euromoney's Central Bank Governor of Year Award
62. Ashwika Kapur became the first Indian woman to win prestigious Wildscreen Panda Award.
Note: She won the coveted wildlife photography award in best newcomer category for her film, Sirocco - how a dud
became a stud.
ii. Panda award also known as Green Oscar of the natural history and wildlife film industry was announced at the
annual Wildscreen Film Festival held at Bristol, UK.
63. Indian cop Shakti Devi of the Jammu and Kashmir Police, currently deployed in the UN Assistance Mission in Afghanistan
(UNAMA), has been awarded the International Female Police Peacekeeper Award 2014.
64. Anoop Jain wins prestigious global citizen award for his work to build community sanitation facilities
Note: Anoop Jain was recipient of the 2014 Waislitz Global Citizen Award for his "exemplified values of a Global Citizen"
through his work in founding Humanure Power (HP) in Bihar in 2011 that builds community sanitation facilities in rural
India.
65. Lyricist Sameer honoured with Kishore Kumar Award for 2012-13
66. Shanti Swarup Bhatnagar Prize for Science and Technology (SSB) is a science award in India given annually by
the Council of Scientific and Industrial Research (CSIR) for notable and outstanding research, applied or fundamental,
in biology, chemistry,environmental science, engineering, mathematics, medicine and Physics.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
38
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
39
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
40
OBITUARY
1. Pioneer of home video game console Ralph Henry
Baer died
2. Veteran Journalist Piratla Venkateswarlu passed
away
3. Hockey Olympian Grihanandan Singh died
4. Carnatic vocalist Nedanuri Krishnamurthy died
5. Justice Krishna Iyer passes away.
6. Bollywood actor Deven Varma passes away. He shot
to fame with his performance in 1975 film Chori Mera
Kaam, which bagged him his first Filmfare Award for
Best Comedian.
7. Veteran music critic SV Krishnamurthy passed
away.
8. Senior Congress leader, former Maharashtra Chief
Minister, A R Antulay passed.
9. Former Arunachal Pradesh CM Jarbom Gamlin
passes away.
10. Israeli cricket umpire Hillel Oscar dies after being
struck by ball.
11. Theatre personality Veenapani Chawla passes
away.
12. Crime novelist PD James died at the age of 94.
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
41
Sports News
Prolific Indian Sports stars 1. ARCHERY
Rajat Chauhan,
Sandeep Kumar
Abhishek Verma
Abhishek Verma
Trisha Deb
Purvasha Shende
Jyothi Vennam,
Trisha Deb
2. ATHLETICS
7. ROWING
Swarn Singh -Men's Single Sculls
Dushyaht Dushiant -Lightweight Men's Single Sculls
8. SAILING
Varsha Gautham and Aishwarya Nedunchezhiyan Women's Two Person Dinghy
www.bankersadda.com
9. SHOOTING
Jitu Rai - Men's 50m Pistol
Pemba Tamang-(Men's 25m Centre Fire Pistol )
Gurpreet Singh -(Men's 25m Centre Fire Pistol )
Vijay Kumar -(Men's 25m Centre Fire Pistol )
Shweta Chaudhry in Women's 10m Air Pistol
Rahi Sarnobat (Women's 25m Pistol Team)
Anisa Sayyed (Women's 25m Pistol Team)
Heena Sidhu (Women's 25m Pistol Team)
Shagun Chowdhary (Women's Double Trap Team)
Shreyasi Singh (Women's Double Trap Team)
Vasha Varman (Women's Double Trap Team)
Abhinav Bindra - Men's 10m Air Rifle
Chain Singh - Men's 50m Rifle 3 Positions
Ravi Kumar ( Men's 10m Air Rifle Team)
Sanjeev Rajput ( Men's 10m Air Rifle Team)
Samaresh Jung ( Men's 10m Air Pistol )
Prakash Nanjappa ( Men's 10m Air Pistol )
10. SQUASH
Saurav Ghosal
Harinder Pal Singh Sandhu
Mahesh Mangaonkar
Kush Kumar
Dipika Pallikal
Joshana Chinappa,
Anaka Alankamony
Aparajitha Balamurukan
12. TENNIS
Sania Mirza
Saketh Myneni
Sanam Singh
Yuki Bhambri
Divij Sharan
www.careerpower.in
www.careeradda.co.in
42
Ankita Raina
Rohan Bopanna
13. WRESTLING
Sushil Kumar Mens 66 kg freestyle
Yogeshwar Dutt - Men's Freestyle 65kg
Bajrang - Men's Freestyle 61kg
14. WUSHU
Narender Grewal - Men's Sanda -60kg
Santhoi Devi - Women's Sanda -52kg
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
43
US Open 2014:
1. Mens Single - Croatia's Marin Cilic defeated Kei Nishikori of Japan in straight sets to clinch the title
Note: World No.14 Cilic claimed his first Grand Slam title with the win in his first appearance in a Grand Slam final.
2.Womens Single - Serena Williams defeated Caroline Wozniazki of Denmark to won 3rd consecutive US Open Title
Note: With this win Williams joined the Tennis greats Chris Evert and Martina Navratilova on 18 Grand Slam titles.
3. Men's doubles title - Mike and Bob Bryan won fifth U.S. Tennis Open men's doubles title
4. Mixed Doubles - Sania Mirza - Bruno Soares win mixed doubles title by defeated American-Mexican team of Abigail
Spears and Santiago Gonzalez
Hockey World Cup 2014:
1. Mens Title: Australia defeated Netherland in the final.
Note: Australia won the title for the second time,
2. Womens Title: Netherland defeated Australia in the final.
Note: Netherland won the title for the seventh time,
Note: Indian men's hockey team rank 9th in latest word hockey rankings.
Hockey World Cup 2018 Venue:
1. Mens Hockey World Cup India
2. Womens Hockey World Cup - England
ICC World Cup Cricket Venue:
ODI: (One day International):
1. Australia & New Zealand: 2015.
2. England - 2019
3. India - 2023
T20:
1. Bangladesh -2014. Sri Lanka defeat India to win the maiden title.
2. India -2016.
3. Australia - 2020.
Test:
1. England 2017 (for first time).
2. India - 2021.
FIFA (Football) World Cup venue: - RQ
1. 2018 : Russia
2. 2022: Qatar
Commonwealth Games venues:
1. 2014 Glasgow (Scotland).
2. 2018 Gold Coast (Australia).
Olympics Games venues:
1. 2014 winter: Sochi (Russia) Russia tops in the medal tally in 2014 winter Olympic games.
2. 2016 Summer: Rio de Janeiro (Brazil)
3. 2018 winter: Pyeongchang (South Korea)
4. 2020 summer: Tokyo (Japan)
OTHERS SPORTS NEWS:
1. India won the Men and Women title of 5th Kabaddi World Cup 2014.In Men, India defeated Pakistan while in women, India
defeated New Zealand to win the title for the fourth consecutive time at Guru Gobind Singh Multipurpose Stadium in
Jalandhar, Punjab, India.
2. Germany beat Pakistan 2-0 to win Champions Trophy.it was Germany's 10th Champions Trophy title.
3. World Hockey Body Suspends Two Pakistani Players Following Obscene Gestures..Muhammad Tousiq and reserve
goalkeeper Ali Amjad were handed a one-match ban that sidelined them from the final.
4. Kumar Sangakkara became fourth batsman to complete 13000 ODI runs
5. Amos Meindi of Kenya won 29th Pune International full Marathon.
6. Indian Blind Cricket Team lifts World Cup after defeating Pakistan in Cape Town, South Africa .
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
44
7. Dev Shah becomes world champion in Under-7 category in World Schools Chess Championships at Juiz de Fora in
Brazil.
8. East Zone lifts Deodhar Trophy cricket tournament, beating West Zone by 24 runs at the Wankhede Stadium in Mumbai .
9. Mascot for the 2016 European football championship named Super Victor.The name for the cartoon character boy
dressed as a footballer in blue and white with a red cape and number 16 jersey was preferred to Driblou and Goalix. Euro
2016 will take place in France from 10 June 2016 to 10 July 2016.
10. UAE captain Khurram Khan became the oldest player to score a century in ODI
against Afghanistan in Dubai.
11. ICC names SAP SE as analytics and cloud partner for 2015 World Cup.
12. PV Sindhu today bagged the Macau Open Grand Prix Gold Badminton title for the second consecutive time defeated Korean
Kim Hyo Min .
13. Ms Deborah, a tribal girl from Andaman and Nicobar Islands has created history in National Level by winning four Gold
Medals in the Track Asia Cup Cycling Championship 2014 which concluded at Indira Gandhi Stadium, New Delhi.
14. Michael Phelps was crowned Male Athlete of the Year at the 2014 USA Swimming Golden Goggle Awards. He was crowned
with the title for a fifth time.Earlier, he won the title in 2004, 2007, 2008 and 2012. He was awarded with the title despite
being suspended from competition for six months after a drunken driving arrest in September 2014.
15. International Olympic Committee (IOA) President Thomas Bach has welcomed the U.S. decision to bid for the 2024 Games.
16. Five-time chess world champion Viswanathan Anand won London Classic title after defeating British Grandmaster Michael
Adams in the fifth and final round.
17. Cricket World Cup 2015 Ambassadors: Virat Kohli, Mitchell Johnson, Shane Watson, Brendon McCullum and Kumar
Sangakkara have been appointed ambassadors for 2015 World Cup.
18. Polly Umrigar Award 2013-14: Pacer Bhuvneshwar Kumar is selected for Polly Umrigar Award for the 2013-14 season.
19. Former India captain Dilip Vengsarkar will receive the C.K. Nayudu Lifetime Achievement Award for 2014.
20. Lewis Hamilton has won the Abu Dhabi Grand Prix as well as the Formula 1 racing championship title of the year
21. World Tour Golf Championship held in Dubai.
22. China open singles titles: Ace shuttlers Saina Nehwal defeated Akane Yamaguchi of Japan to win the title
23. China open singles titles: K Srikanth defeated Lin Dan of China to win the title
24. India cricket team won the 5-match ODI series against Sri Lanka by 5-0
25. Johnson named ICC Cricketer of the Year: Australian fast bowler Mitchell Johnson declared ICC Cricketer of the Year as
well as the ICC Test cricketer of the Year award.
26. Rohit Sharma creates history, slams record 264 runs to become highest ODI scorer against Sri Lanka.
Note: i. Rohit Sharma become the first man ever to smash two double centuries in ODIs.
ii. His first (209) came against Australia in Bangalore on November 3, 2013
27. World Chess Championship 2014 held in Russia.
Note: The championship is being held under the auspices of the World Chess Federation (FIDE).
28. Indian cricketer Virat Kohli became the quickest cricketer to reach 6,000 runs in ODIs, bettering legendary West Indian
Vivian Richards record during his 53-run knock in Indias third ODI against Sri Lanka.
29. Novak Djokovic defeated Milos Raonic to retain Paris Masters title
30. MS Dhoni named as captain of ICC ODI Team of the Year 2014. He has been selected in the ICC ODI team of the year for the
eight time (seventh year in a row), while fifth year as a captain of the team.
31. Angelo Mathews named as captain of the ICC Test Team of the Year 2014, which includes two more Sri Lankans palyer
Kumar Sangakkara and Rangana Herath in the test team.
32. Novak Djokovic wins ATP (Association of Tennis Professionals) Finals
33. Former England international player Mark Ramprakash hired as England batting coach
34. Cristiano Ronaldo received 2013-14 European Golden Boot award
35. Nico Rosberg wins Brazilian Grand Prix
36. Lewis Hamilton wins United States Grand Prix www.bankersadda.com
37. Pankaj Advani defeated Robert Hall of UK to won IBSF World Billiards Championship
38. Duleep Trophy 2014. : Central Zone defeated South Zone to won the title
39. India( juniors) defeated Great Britain to retain Sultan of Johor Cup title (Hockey). Final was held in Malaysia.
40. Indian golfer Anirban Lahiri won Venetian Macau Golf Open
41. Pankaj Advani won World Billiards Point Format Championship defeated Singapores Peter Gilchrist
42. India cricket captain Mahendra Singh Dhoni and Sahara Adventure Sports Limited are coowners of new Ranchi
franchise ( Ranchi Rhinos) of Hockey Indian League (HIL)
43. ICC awarded global broadcast rights from 2015 to 2023 to Star India and Star Middle East
Note: i. Star India is one of Indias largest media and entertainment companies and is a fully owned subsidiary of 21st
Century Fox, INC.
ii. About Star Middle East: Star Middle East is a wholly owned subsidiary of 21st Century Fox, INC. in the Middle East.
44. India to host first leg of Asia Cup Archery Tournament in Delhi in January 2015
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
45
45. Mary Kom voted as India's Most Valuable Player in Asian Games 2014
46. Ajay Jayaram won Dutch Open Grand Prix badminton tournament
47. Oliver Wilson defeated world number one Rory McIlroy to win first European golf title.
News Related To Defence & Technology
1. Indias communication satellite GSAT-16 launched from Kourou in French Guiana functioning normally. GSAT 16 has
highest number of 48 transponders that will be used for television, telephone and internet applications.
2. Orion spacecraft marks dawn of new chapter in space exploration: US
3. NASAs unmanned spacecraft completed its first test flight.Orion is expected to take up its first crew in 2021.
4. Russia launched new generation GLONASS-K navigation satellite from the Plesetsk space centre in Russias
northwestern Arkhangelsk region.This is the fifth launch of a Global Navigation Satellite System satellite (GLONASS) from
the Plesetsk space centre. www.bankersadda.com
5. India successfully test-fired its nuclear-capable strategicballistic missile Agni-IV, with a strike range of about 4,000 km,
from a test range off the Odisha coast.This was the fourth trial of Agni-IV missile. The last trial was carried out successfully
on January 20 this year from the same test range off Odisha coastaid.
6. NASA celebrated the 50th anniversary of its first mission to Mars, Mariner 4 mission on 28 November 2014. Mariner 4
mission launched on 28 November 1964 was the NASAs first successful journey to Mars.
7. Imaging and information technology solutions provider Ricoh India on Tuesday said that it has got a deal worth Rs. 1,370
crore from Department of Posts to modernise post offices through automation.
i. Under the project, Ricoh India will supply, install and maintain services of hardware, peripheral devices and operating
system.
ii.The primary goal of the Rural ICT project is to improve the quality of service, provide more value added services and
achieve financial inclusion of un-banked rural population. Note: India Post is an iconic organisation in India, the largest
such network in the world and playing a crucial role in the socio economic development of rural India, touching the lives of
common man.
8. NASAs Kepler mission discovers super-Earth located 180 light-years from Earth.This led to the discovery of a planet, HIP
116454b, which is 2.5 times the diameter of Earth and follows a close, nine-day orbit around a star that is smaller and
cooler than our Sun, making the planet too hot for life as we know it.
9. ISRO successfully launches GSLV Mark-III. ISRO successfully carries out human crew module experiment; module safely
splashes down into Bay of Bengal off Andaman and Nicobar Islands.Also known as LVM3/CARE, this suborbital
experimental mission was intended to test the vehicle performance during the critical atmospheric phase of its flight and
this carried passive (non functional) cryogenic upper stage.
India's Mars mission successful on 1st attempt: India's first Mars orbiter successfully began a 400 million-km long journey
to Mars, making it the first Asian country and the fourth in the world to undertake a mission to the red planet.
Important Points.
Dr. K. Radhakrishnan ISRO Chairman
Mylswamy Annadurai is the Director of Mars Mission.
India's MOM is the cheapest inter-planetary mission, costing of Rs 450 Crore ($671 million) entered the Martian orbit on
24 September 2014.
The Mars Orbiter Mission (MOM), also called Mangalyaan, is Indias first interplanetary mission to the planet Mars.
India becomes the first country in the world to insert a spacecraft into the Martian orbit in its very first attempt.
Mars Orbiter Spacecraft, India's first interplanetary probe, was launched by PSLV-C25 on November 5, 2013 from Satish
Dhawan Space Centre, Sriharikota.
Indian Space Research Organisation (ISRO) becomes the fourth space agency to reach Mars after Roscosmos (Russia),
NASA (USA) and ESA (European).
The first Chinese mission to Mars, called Yinghuo-1, failed in 2011.
The project was approved by the government of India on 3 August 2012 and costs Rs. 450 crores.
MOM is the cheapest and lowest-cost inter-planetary mission ever to be undertaken in the world. It cost us all a mere Rs 4
per person www.bankersadda.com
The mission successfully completed its 100 days in space on February 12, 2014.
The satellite has carried a compact science experiment instruments, totaling a mass of 15kg to study the Martian surface,
atmosphere and mineralogy.
Missiles in use of Indian Army:
Prithvi I - 150km - Surface to Surface short range ballistic missile.
Prithvi II - 350km
Prithvi III - 350km - 600km
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
46
www.bankersadda.com
Headquarters
New York
New York
Geneva
Geneva
Geneva
Geneva
Geneva
Geneva
Washington DC
Washington DC
Paris
Paris
Vienna
www.careerpower.in
Dev. Org)
IAEA (International Atomic Energy
Agency)
OPEC (Organization of Petroleum
Exporting Countries)
Amnesty International
Commonwealth of Nations
IMO (International Maritime
Organization)
ICJ (International Court of Justice)
FAO (Food and Agricultural
Organization)
NATO (North Atlantic Treaty
Organization)
Transparency International
SAARC (South Asian Association for
Regional Coop.)
ASEAN (Association of South East
www.careeradda.co.in
Vienna
Vienna
London
London
London
The Hague
Rome
Brussels
Berlin
Kathmandu
Jakarta
47
Asian Nations)
APEC (Asia Pacific Economic Forum)
Jeddah
Singapore
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
48
Chief Minister
N. Chandrababu Naidu
NabamTuki
Assam : [Dispur]
Tarun Gogoi
Bihar : [Patna]
Chhattisgarh : [Raipur]
Raman Singh
Note
New Capital Vijaywada propsed
Presidential Rule
Goa : [Panaji]
Laxmikant Parsekar
Replaced ManoharParrikar
Gujarat : [Gandhinagar]
Anandiben Patel
Haryana : [Chandigarh]
Virbhadra Singh
Raghuvar Das
Karnataka : [Bengaluru]
Siddaramaiah
Kerala : [Thiruvananthpuram]
OommenChandy
Manipur : [Imphal]
OkramIbobi Singh
Meghalaya : [Shillong]
MukulSangma
Mizoram : [Aizawl]
Lal Thanhawla
Nagaland : [Kohima]
T. R. Zeliang
Odisha : [Bhubaneshwar]
Naveen Patnaik
Puducherry : [Puducherry]
N. Rangaswamy
Punjab : [Chandigarh]
Rajasthan : [Jaipur]
VasundhraRaje
Sikkim : [Gangtok]
O. Panneerselvam
Telangana : [Hyderabad]
K. Chandrashekar Rao
Tripura : Agartala]
Manik Sarkar
Akhilesh Yadav
Uttarakhand : [Dehradun]
Harish Rawat
Mamata Banerjee
Vitamins
Vitamin A
Vitamin B1
Vitamin B2
Vitamin B3
Vitamin B5
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
49
Vitamin E
Vitamin K
Bleeding diathesis
5.
6.
7.
8.
9.
Capital
Kabul
Baku
Al-Manamah
Dhaka
Thimphu
Bandar Seri
Begawan
Beijing
Nicosia
Phnom Penh
New Delhi
Jakarta
Tehran
Baghdad
Tele Aviv
Tokyo
Amman
www.bankersadda.com
Currency
Afgani
Manat
Bahraini Dinar
Taka
Ngultrum
Brunei Dollar
Kazakhstan
Korea
(North)
Korea
(South)
Kuwait
Kyrgyzstan
Akmola
Pyongyang
Tenge
Won
Seoul
Won
Kuwait City
Bishkek
Yuan
Cypriot Pound
Riel
Indian Rupee
Rupiah
Rial
Iraqi Dinar
Shekel
Yen
Jordanian Dinar
Lebanon
Beirut
Malaysia
Kuala Lumpur
Maldives
Mongolia
Myanmar
Nepal
Country
Pakistan
Male
Ulan-Bator
Yangon
Kathmandu
Capital
Islamabad
Kuwaiti Dinar
Kyrgyzstani
Som
Lebanese
Pound
Malaysian
Ringgit
Rufiyaa
Tugrik
Kyat
Nepalese Rupee
Currency
Pakistani Rupee
www.careerpower.in
www.careeradda.co.in
50
Philippines
Manila
Peso
Qatar
Saudi Arabia
Singapore
Doha
Riyadh
Singapore
Sri Lanka
Colombo
Syria
Taiwan
Damascus
Taipei
Tajikistan
Thailand
Turkmenista
n
United Arab
Emirates
Uzbekistan
Dushanbe
Bangkok
Ashgabat
Qatari Riyal
Riyal
Singapore
Dollar
Sri Lankan
Rupee
Syrian Pound
New Taiwan
Dollar
Tajik Rouble
Baht
Turkmenistani
Manat
UAE Dirham
Vietnam
Yemen
Austria
Hanoi
Sana
Vienna
Azerbaijan
Belarus
Belgium
Baku
Minsk
Brussels
Bosnia &
Herzegovina
Bulgaria
Croatia
Sarajevo
Cyprus
Nicosia
Lev
Kuna and
Croatian Dinar
Cyprus Pound
Czech
Republic
Denmark
Finland
Prague
Czech Koruna
Copenhagen
Helsinki
France
Paris
Germany
Berlin
Greece
Athens
Hungary
Iceland
Italy
Latvia
Budapest
Reykjavik
Rome
Riga
Danish Krone
Markka, now
Euro
French Franc,
now Euro
Deutsche Mark,
now Euro
Drachma, now
Euro
Forint
Icelandic Krona
Lire, now Euro
Lat
www.bankersa
dda.com
Liechtenstei
n
Lithuania
Luxemburg
Monaco
Abu Dhabi
Tashkent
Sofia
Zagreb
Netherlands
Uzbekistani
Som
Dong
Riyal
Schilling, now
Euro
Manat
Rouble
Belgian Franc,
now Euro
Dinar
Vaduz
Swiss Franc
Vilnius
Luxemburg
Litas
Luxemburg
Franc, now
Euro
French Franc,
now Euro
Monaco
www.bankersadda.com
www.careerpower.in
Norway
Amsterdam,
The Hague
(political
Capital)
Oslo
Northern
Ireland
Poland
Portugal
Belfast
Romania
Russia
Bucharest
Moscow
Scotland
Spain
Edinburgh
Madrid
Sweden
Switzerland
Tajikistan
Ukraine
United
Kingdom
Uzbekistan
Stockholm
Berne
Dushanbe
Kiev
London
Warsaw
Lisbon
Vatican City
Yugoslavia
Whales
Algeria
Burkina Faso
Toshkent/Tash
kent
Vatican City
Belgrade
Cardiff
Algiers
Ouagadougou
Burundi
Cameroon
Congo
Cte d'Ivoire
Egypt
Ethiopia
Ghana
Guinea
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Bujumbura
Yaound
Brazzaville
Yamoussoukro
Cairo
Addis Ababa
Accra
Conakry
Nairobi
Maseru
Monrovia
Tripoli
Antananarivo
Lilongwe
Mali
Mauritania
Bamako
Nouakchott
Mauritius
Port Louis
Mayotte
Morocco
Dzaoudzi and
Mamoudzou
Rabat
Nigeria
Abuja
Senegal
Dakar
Dutch Guilder,
now Euro
Norwegian
Krone
Pounds
New Zloty
Escudo, now
Euro
Romanian Leu
Russian
Federation
Rouble
Pound Sterling
Peseta, now
Euro
Swedish Kroner
Swiss Franc
Tajik Rouble
Hryvna
Pound Sterling
Uzbekistani
Som
Italian Lire
New Dinar
Pound Sterling
Algerian Dinar
Burkina Faso
Franc
Burundi Franc
Franc
Franc
Franc
Egyptian Pound
Birr
Cedi
Guinea Franc
Kenyan Shilling
Loti
Liberian Dollar
Libyan Dinar
Malagasy Franc
Malawian
Kwacha
Malian Franc
Ouguiya
Mauritius
Rupee
French Franc
Moroccan
Dirham
Naira
West African
Franc
www.careeradda.co.in
51
Sierre Leone
Somalia
South Africa
Zambia
Freetown
Mogadishu
Cape Town
Lusaka
Zimbabwe
Harare
Bahamas
Nassau
Barbados
Belize
Canada
Costa Rica
Cuba
Dominica
Bridgetown
Belmopan
Ottawa
San Jos
Havana
Roseau
Dominican
Republic
El Salvador
St. Domingo
Grenada
St. George's
Guatemala
Guatemala
Haiti
Port-au-Prince
Honduras
Jamaica
Mexico
Tegucigalpa
Kingston
Mexico City
Nicaragua
Panama
Managua
Panam
San Salvador
Leone
Somali Shilling
Rand
Zambian
Kwacha
Zimbabwe
Dollar
Bahamian
Dollar
Barbados Dollar
Belize Dollar
Canadian Dollar
Coln
Peso
East Caribbean
Dollar
Peso
Basseterre
Trinidad and
Tobago
United States
of America
Argentina
Port of Spain
Bolivia
Brazil
Chile
Colombia
Paraguay
Peru
La Paz
Brasilia
Santiago
Bogota
Asuncion
Lima
Suriname
Paramaribo
El Salvadorian
Coln
East Caribbean
Dollar
Quetzal
Uruguay
Montevideo
Venezuela
Australia
Caracas
Canberra
Gourde
www.bankersa
dda.com
Lempira
Jamaican Dollar
Mexican New
Peso
Crdoba
Balboa
Fiji
New Zealand
Suva
Wellington
Papua New
Guinea
Tuvalu
Port Moresby
Castries
Washington
D.C.
Buenos Aires
Funafuti
East Caribbean
Dollar
East Caribbean
Dollar
Trinidad and
Tobago Dollar
US Dollar
Austral, Neuvo
Peso
Boliviano
Real
Chilean Peso
Colombian Peso
Guarani
New Sol
Suriname
Guilder
Uruguayan New
Peso
Bolivar
Australian
Dollar
Fiji Dollar
New Zealand
Dollar
Kina
Australian
Dollar
Note:
i. The euro is the currency used by the Institutions of the European Union and is the official currency of the eurozone, which
consists of 18 of the 28 member states of the European Union:
ii. Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the
Netherlands, Portugal, Slovakia, Slovenia, and Spain.
iii. The 10 Countries which are the members of the European Union but do not use EURO as a Currency are 1. United Kingdom
2. Bulgaria
3. Croatia
4. Czech Republic
5. Denmark
6. Hungary
7. Lithuania 8. Poland
9. Romania
10. Sweden
iv. Lithuania is adopting the euro as its official currency in place of the lithuanian litas on 1 January 2015
v. 4 countries who are not the members of EU but they use Euro currency and made formal agreements with the EU and
changed their currency to the euro.
1. Andora
2. Monaco
3. San Marino
4. Vatican City
Important Days
Sr.
no.
1.
DATE
2.
3.
4.
15th January
24th Jan
25th January
5.
30th January
12th January
DAY
National Youth day (Birthday
of Vivekananda).
Army day.
National Girl Child Day.
National tourism day/ Voters
day
National Martyrs day & World
www.bankersadda.com
www.careerpower.in
4th
6.
7.
8.
9.
10.
11.
Feb
28th Feb
8th March
9th March
15th March
20th March
12.
21st March
www.careeradda.co.in
52
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
22nd March
23rd March
24th March
2 April
7th April
21st April
22nd April
24th April
1st May
3rd May
11th May
21st May
25.
31st May
26.
27.
28.
30
31.
32.
33.
5th June
1st July
11th July
6th August
9th August
12th August
29th August
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
5th Sept
8th Sept
14th Sept
15th Sept
16th Sept
2nd Oct
8th Oct
9th Oct
24th Oct
17th Nov
18th Nov
19th Nov
27th Nov
1st Dec
4thDec
10thDec
14th Dec
51
24 Dec
of Dhyan Chand)
Teachers day
World Literacy day
Hindi Divas
Engineers day
Ozone day
International Non-violence day
Air force day
World post day
United nation day
Students day
Adults day
Citizens day
National law day
AIDS day
Navy day
Human Rights day
National Energy Conservation
Day.
National Consumers Rights
Day
ABBREVIATION IN NEWS
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.
www.bankersadda.com
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
www.careerpower.in
www.careeradda.co.in
53
49.
50.
51.
52.
53.
54.
55.
Management Act
AMFI- Association of Mutual Fund in India.
TIEA Tax Information exchange Agreement
FTA- Free trade agreement
GAAR - General anti avoidance rule
GSLV - Geo-Synchronous Launch Vehicle
NCTC - National Counter-Terrorism Centre
NSG Nuclear Suppliers Group
Power parity
PSLV Polar Satellite Launch vehicle
TAPI - Turkmenistan-Afghanistan-Pakistan-India.
QFI -Qualified Foreign Investors
REER: Real Effective Exchange Rate
www.bankersadda.com
www.careerpower.in
www.careeradda.co.in
54
www.bankersadda.com
of Antarctica
114. What dose URL stand for - Uniform Resource Locator
115. America developing which cities in to Smart cities
Allahabad,Ajmer and Vishakhapatnam
116. What dose RTGS stand for - Real Time Gross
Settlement
117. What dose ISDN stand for - Integrated Services
Digital Network
118. Personal accident cover in Jan Dhan Yojana 1 lakh
119. Shortcut key to make characters italics Ctrl + I
120. Shortcut key to undo last step in word Ctrl + Z
121. What dose EMV stand for EuroPay, MasterCard,
Visa
122. In MICR middle 3 digits represent - Bank
123. What dose MMID stand for Mobile Money Identifier
124. International Day of Persons with Disabilities 3rd
December
125. Which is the largest public sector insurance company
LIC
126. PDA Full form- Personal Digital Assistant.
127. GST full form - Goods and service Tax
128. IFSC Full form - Indian Financial System code.
129. C in MICR stands for - Character
130. Shortcut key of Find- Ctrl+F
131. Currency of Saudi Arabia - Saudi riyal.
132. Capital of Iraq - Baghdad
www.careerpower.in
www.careeradda.co.in
55
167.
168.
169.
170.
171.
172.
173.
174.
175.
176.
177.
178.
179.
180.
181.
182.
183.
184.
185.
186.
187.
188.
189.
190.
191.
192.
193.
194.
195.
196.
197.
198.
199.
200.
www.careerpower.in
www.careeradda.co.in
56