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Appointments1. General Dalbir Singh Suhag takes over as the
new Army Chief. He takes the charge from
General Bikram Singh. Before taking the charge
of Army Chief, General Dalbir Singh Suhag wasLieutenant General in the Army.
2. Chief Marshal Arup Raha took over as the
Chairman of the Chief of Staff Committee
(COEC) on 30th July 2014.
3. K.V. Chowdhary appointed as new Chairman of
CBDT (Central Board of Direct Taxes)
succeeded by R.K. Tewari. The appointment of
the Chairman of CBDT was confirmed by
Appointments Committee of Cabinet which
Committee headed by Prime Minister ShriNarendra Modi.
4. On 12th August 2014, the Government of India
decided to appoint Shri Bimal Jalan as the Head
of Expenditure Management Commission set up
by the Finance Minister Shri Arun Jaitley. Shri
Bimal Jalan is the former Governor of Reserve
Bank of India.
5. United Nations Human Rights Council (UNHRC)
appointed the Commission, consisted three
members to conduct the inquiry to probe warcrimes and human rights violations conflict in
Gaza. The Head of this Commission will William
Schabas. The conflict on the Gaza strip began in
the 2nd week of June 2014 i.e. 13th June 2014.
6. Rajni Razdan became the Chairperson of Union
Public Service Commission replaced with Prof.
D.P. Agrawal.
7. K.V. Thomas appointed as the Chairman of the
Public Accounts Committee which Committee is
analyze the expenditures of Government of India.
8. Dr.Murli Manohar Joshi appointed as the
Chairman of Estimates Committee which
Committee is working to increase the efficiency
in the administration.
9. V. Shanta Kumar appointed as the Chairman of
Committee on Public Undertakings which
Committee is working upon the reports which are
examined by this Committee and also examine
the accounts of the public undertakings.
10. S.M. Swathi the General Manager of Corporation
Bank appointed as the Executive Director of
Bharatiya Mahila Bank. The Chairman and
Managing Director of Bharatiya Mahila Bank is
Smt. Usha Ananthasubramanian. Recently,
Bharatiya Mahila Bank awarded with Core
Banking System Initiative Award 2014.
11. Ravi Shastri appointed as Team Director of
Indian Cricket team for ODI series agaisnt
England. He is former Indian Captain of Cricket
team. The Coach of Indian Cricket team is
Duncan Fletcher.
12. Prayuth Chan-Ocha became the Prime Minister
of Thailand. Recently, Yinguluck Shinawatra was
resigned from the post.
13. Tejendra Mohan Bhasin (T.M. Bhasin) elected as
the Chairman of Indian Banks Association (IBA)
while Arundhati Bhattacharya elected as the
Honorary Secretary of Indian Banks Association.14. Ahmet Davutogul appointed as the Prime
Minister of Turkey replaced with Recep Tayyip
Erdogan. The capital of Turkey is Ankara.
15. Keshri Nath Tripathi appointed as the Governor
of West Bengal. He became 22nd Governor of
West Bengal. He awarded with Vishwa Bharati
Samman, Bharat Gaurav and Uttar Pradesh
Samman etc.
16. Ramesh Chand Tayal appointed as Special
Director Genral of Central Reserve Police Force(CRPF).
17. R.N. Ravi appointed as Chief of Joint
Intelligence Committee, a committee works
under the National Security Council Secretariat.
18. C.S. Verma became the first President of Indian
Steel Association, the association launched by
domestic steel producer of India. The aim of this
association is to work towards transforming the
Indian steel industry as the global leader.
Deaths1. Madhukar Singh died on 21st July 2014 at his
residence in village Dharahara of Bhojpur
District. He was a famous Hindi literaturer.
2. Pran Kumar Sharma the famous cartoonist known
as comic character Chacha Choudhary died. He
was 75 years old.
3. The politician Reshamlal Jangade died on 11 th
August 2014. He was the Member of Parliament
of the first Lok Sabha of the country which
started in the year 1952 after held the General
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elections. He was related to Indian National
Congress Party.
4. Burra Katha, the famous Folk Artist passed away.
He is a Telegu art of oral story telling. Burra
Katha is generally known as Jangam Katha.
5. The famous poet of Iran Simin Behbahani died
on 19th August 2014. She had remained the
President of Iranian Writers Association. She is
known as Lioness of Iran.
6. Yoga guru Bellur Krishnamachar Sundaraja
Iyengar (B.K.S. Iyengar) died on 20th August
2014. He is the founder of Iyengar Yoga. He
bagged three civilian awards of India i.e. Padma
Shri, Padma Bhushan and recently Padma
Vibhushan. His bookLight on Yoga known as
the Bible of Modern Yoga.7. The famous American Journalist James Foley
was killed by the militants of ISIS.
8. Amitava Nandy, the famous former leader of
Communist Party of India Marxist (CPI-M)
died due to cancer. He was the Member of
Parliament of 14th Lok Sabha.
9. Chemancherry Narayanan Nair, the famous
Malyalam actor died on 25th August 2014. He
awarded with Special Jury Prize by the
Government of Kerela.10. Richard Attenborough, the famous British
filmmaker and Oscar winner, died at the age of
90. Generally he is known for his critically
acclaimed biopic on Indias Mahatama Gandhi
which film won 8 Oscar Awards in the year 1982.
11. Douglasw McAuthur McCain is the first citizen
of United States of Amercia who died in Syria.
He is American Jihadi.
Politics
1. On 26th August 2014, former Chief Minister of
Delhi Smt.Sheela Dixit resigned from the
Governor of the State of Kerela. She became 8 th
Governor to who resigned from the near past.
2. The parliament of Iraq elected Fuad Masum as
the President of Iraq in Baghdad. He became the
7th President of Iraq. He is a Kurdish Politician.
Moreover, Mr.Jubouri elected as the new speaker
to form the new government in Iraq and to ending
the political deadlock.
3. Union Government of India has launched the
Rashtriya Gokul Mission to protect the
indigenous breed of cows. Under this scheme,
some Integrated Indigenous Cattle Centres will
be set up which will be useful for improving milk
productivity in India. The aim of the government
is to improving milk productivity in India.
Agriculture Minister Radha Mohan Singh
announced this scheme. The Union Government
passed Rs.150 Crore to reach its peak of the
mission.
4. The Government of Maharashtra appointed
Amitabh Bachchan, the Indian Megastar as
Horticulture Ambassador of Maharashtra to
increase the revenue of State.
5. Gujarat tops the charts in e-transactions acrossthe nation with 26% share. It is revealed from the
report of Union Government by analyzing
through E-Transactions Aggregation and
Analysis Layer (E-TAAL) and announced by the
present Secretary of Electronics and Information
Technology Department Shri R.S. Sharma. From
this layer, we came to know that what the
flexibility of e-transactions is.
6. Prime Minister Shri Narendra Modi concluded
the visit to Nepal on 4th
August, 2014. This is thefirst bilateral meeting between India and Nepal in
past 17 years. During this visit, Prime Minister
Shri Narendra Modi announced to give help to
Nepal for development.
7. On 4th August, 2014 completed the 100 years of
First World War which was started on 4th August,
1914 and was ended on 11th November 1918.
First World War also called as THE GREAT
WAR.
8. The Ministry of Human Resource Developmentset up a four member committee to review and
analyse the status of University Grants
Commission. UGC Chairman Shri Hari Gautam
will be the Head of this committee.
9. In the 6th Brics Summit, 3 bilateral agreements
are signed between India and Brazil. Three
bilateral agreements are MOU on Cooperation in
the field of environment, Agreement on Space,
MOU on Cooperation in consultation mechanism.
7th Brics Summit will be held in Russia.
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10. India became the first country to ratify the
Marrakesh Treaty. This treaty will work for blind
people, visually impaired peopoe and other
disable persons and will give equal rights and
opportunities of education and employment for
blind people.
11. India and World Bank signed MOUs for
URWSSP (Uttarakhand Rural Water Suply and
Sanitation Project), UDWDP (Uttarakahand
Decentralized Watershed Development Project),
MRWSSP (Maharashtra Rural Water Supply and
Sanitation Programme). There is need to well
known to you that water supply, santitation and
decentralization are the keys to develop any
nation.
12. India ranked 8th in Global Rich List with 14800multimillionaires. United States of America tops
the list followed by China and Germany.
13. The Governor of Uttar Pradesh Shri Ram Naik
and Governor of Gujarat Shri Om Prakash Kohli
have given additional charge of Rajasthan and
Goa respectively.
14. On 15th August 2014, 29th State of India i.e.
Telangana is going to celebrate its first National
Independence Day at Golconda Fort. K.
Chandrasekhar Rao is the first Chief Minister ofTelangana.
15. Tamilnadu has the maximum 59 Universities in
India while the whole country has 678
Universitties.
16. Approximately, 200 Indians evacuated from
Libya from the largest island of North Africa
namely Djerba Island. This island is located off
the coast of Tunisia in the Gulf of Gabes.
17. The work of the railway brdige at Noney in
Manipur, India began, after competition of thewhole work, this railway bridge become the
worlds tallest railway bridge.
18. Liberia declared the State of Emergency on 6 th
August 2014. The President of Liberia Ellen
Johnson Sirleaf declared the State of Emergency
over the outbreak of Ebola Virus. Ebola Virus is
normally called Ebola hemorrhagic fever which
will harmfully affected the human body. To take
the initial steps, Health Minister Dr.
Harshvardhan ordered to all the airports to form
the check posts for checking the Ebola Virus.
19. The Government of India raised the limit of
Foreign Direct Investment in the Defence Sector
from 26% to 49%. Foreign Direct Investment is a
direct investment in the production of the country
by the company of another country or individual.
20. Securities Laws (Amendment) Bill 2014 passed
in Lok Sabha to empower Securities Exchange
Board of India (SEBI) and also strenthen it. This
bill will give express powers for any settlement
and also empowers SEBI to establish the special
courts to strenthen it.
21. The Government of India has raised to 100%
Foreign Direct Investment in the Railway
Department. This is happeing first time in India.
The FDI raised to 100% by the Union
Government with the hope to expansion therailway and to make India a strong economy.
22. The United States of America has taken the
action agaisnt the ISIS terrorists. The bombs have
dropped by the USA namely F/A-18 from the
aricraft of USA. It is very important to mention
here that few days back, the Government of Iraq
demanded military help from USA. There is need
to know you that USA has the strongest military
power in all over the world.
23. The World Health Organization (WHO) hasdeclared Ebola Virus as Global Health
Emergency. WHO has taken this decision after
seeing that this is fatal to the human lives and
about 1500 people were died affected by this
Virus.
24. The Nepalese boy namely Jeet Bahadur Maru
Sagar was reunited with his family by the Prime
Minister of India Shri Narendra Modi. Prime
Minister of India completed this responsibility
during the two day visit to Nepal recently.25. ZERO HUNGER CHALLENGE was set up by
Food and Agriculture Organization of the United
Nations under the efforts to ensure that every one
have the right to adequate food.
26. Qaraqosh and surrounding areas is the largest
Chiristian town in Iraq. ISIS (Islamic State in
Iraq and Syria) has taken the control over this
town recently.
27. Recep Tayyip Erdogan became the first elected
President of Turkey. Recep Tayyip Erdogan is
the head of Justice and Development Party.
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28. On 10th August 2014, Delhi Police launched the
helpline number to curb the corruption. This will
be best step to curb the corruption.
29. The State of Telangana notified for the State
Public Service Commission according to the
Article 315 of the Constitution and Section 83(2)
of Andhra Pradesh Re-Organization Act, 2014.
30. The President of USA Barack Obama signed and
passed the Near East and South Central Asia
Religious Freedom Act to promote the religious
freedom of minorities in the Near East and South
Central Asia.
31. The ASEAN countries included India are likely
to sign free trade agreement at Myanmar.
32. The Federal Act on International Administrative
Assistance in Tax Matters amended by theGovernment of Switzerland to exchange the
information with other countries regarding the
black money. This amendment was the demand
of time because more and more black money was
depositing in Swiss Banks.
33. On 12th August 2014, World Elephant Day
organized. This day organized every year to
create the awareness about the plightness of
Asian and African elephants.
34. Securities and Exchange Board of Indiagenerally known as SEBI issued Know Your
Client (KYC) Registrartion Agency Regulations,
2014. SEBI conferred it by Section 30 of SEBI
Act, 1992.
35. On 12th August 2014, the World Health
Organization approved the use of experimental
drug Zmapp to fight against Ebola Virus.
36. The State Assembly of Tamil Nadu passed the
Tamil Nadu Entry into Public Places Bill, 2014
to remove restrictions on entry of dhoti-clad menin hotels etc. With the passing of this bill, every
man wearing a dhoti can enter into any hotel,
club, theatres, restaurants etc.
37. The hydroelectric project namely Nimoo Bazgo
Hydroelectric Project initiated on the Indus River
by the Prime Minister of India Shri Narendra
Modi.
38. Pope Francis became the first South Korean
Visiter in a quarter century. The President of
South Korea is Park Geun-hye.
39. Vijaywada will become the ad-hoc State Capital
of Andhra Pradesh. The Chief Minister of Andhra
Pradesh is N.Chandrababu Naidu.
40. The Finance Minister Shri Arun Jaitley
relaunched the insurance scheme for senior
citizens aged 60 years and above. LIC will
administered this scheme.
41. Prime Minister of India Shri Narendra Modi
launched Pradhan Mantri Jan Dhan Yojana on the
eve of 68th Independence Day. This Yojana will
help the poor people of India in the near future.
42. China inaugrated the railway line in Tibet which
is very close to Border of the State of Sikkim.
43. The Government of India approved four highway
projects in the State of Jammy and Kashmir. The
four projects are Srinagar-Banihal, Qazigund-Banihal, Chenani-Nashri, Jammu-Udhampur.
44. Indo-Nepal Combined Army Training Exercise
will be conducted in the State of Uttarakhand.
The name of this training session is Surya
Kiran-VII. About 300 personnels will attend this
training session.
45. Jharkhand Disom Party (JDP) merged with
Bharatiya Janta Party which was established in
the year 2002 after creating the new State of
Jharkhand. Salkhan Murmu was the founder ofJharkhand Disom Party (JDP).
46. Massive aid operation for resident of Iraq fleeing
violence launched by United Nations High
Commissioner for Refugees (UNHRC). The
scheme will be helpful to displaced Iraqis who
are the victims after the violence in Iraq. The
basic aim of this scheme is to improve the life of
victim people.
47. World Humanitarian Day observed on 19th
August every year. This day is observed to knowthe humanitarian personnel and who have lost
their lives. The World Needs More
Humanitarian Heroes was the theme for the
year 2014.
48. India signed Memorandum of Understanding
MOU with Czech Republic on technical
cooperation in railway.
49. Samagra Kutumbh Survey or Intensive
Household Survey conducted by Government of
newly formed State Telangana.
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50. Irom Sharmila released by Manipur Court who is
known as Iron Lady of Manipur for non-violent
protest. She protested agaisnt the abuses
allegedly committed by the security forces of
Armed Forces Special Powers Act (AFSPA).
51. The Honble Supreme Court of India fined 14
States with 1 Union Territory of Chandigarh with
Rs.25,000 each for not respond to the Report of
Law Commission. These 14 States are Bihar,
Gujarat, Jammu & Kashmir, Karnataka, Punjab,
Maharashtra, Uttarakhand, Andhra Pradesh,
Delhi, Himachal Pradesh, Jharkhand, Kerela,
Haryana, Sikkim ane Union Territory of
Chandigarh.
52. The Government of India draft new guidelines to
Forward Markets Commission (FMC) toempower and strengthen the commodity market.
Forward Markets Commission (FMC) is a
regulatory authority and is a statutory body which
setup in the year 1953. Its Headquarter is in
Mumbai and the Chairman is Abhishek.
53. Worlds first Hindu eco-temple namely Shree
Swaminarayan Mandir opened in worlds famous
city London, United Kingdom.
54. On 20th August 2014, the Honble Home Minister
of India Shri Rajnath Singh launchedMainstreaming Civil Defence in Disaster Risk
Reduction scheme. The basic aim of this scheme
is to strenthen the capacity of all the states
towards disasters.
55. The new project approved by the Government of
India to ensure that government services are
available to citizens electronically. The name of
this project is Digital India Project.
56. On 19th August 2014, Afghanistan celebrated its
95
th
Independence day. Afghanistan getindepdendence from the British Empire after
fought three Anglo-Afghan wars and ultimately
signed the Anglo-Afghan treay to get the
independence. The capital of Afghanistan is
Kabul.
57. Delhi Development Autohrity (DDA) approved
the modifciation proposal in the Master Plan of
Indias capital Delhi 2021 which plan
incorporates the innovations for the development
of the Natinal Capital.
58. The Government of South Africa has taken the
important decision about the illegal poaching of
rhinos. The Ministry of Environment of South
Africa decided to evacuate 500 rhinos from
Kruger National Park to curb the illegal poaching
of rhinos which is one of the largest parks of
South Africa.
59. Two Districts of the State of Rajasthan namely
Ajmer and Alwar declared Smoke Free districts.
Two other districts of the State of Rajasthan
namely Jhunjhunu and Jodhpur already declared
Smoke Free districts. Now, Rajasthan has 4
Smoke Free Districts.
60. Indias first science and technology institute i.e.
Indian Institute of Engineering Science and
Technology (IIEST) established in West Bengal.61. The Union Government of India launched Indias
first ethanol-run bus in the Nagpur City of
Maharashtra under the Green Bus Project. The
run bus recuce the import of petroleum products
like petrol, diesel and gas etc. The country of
Sweden has manufactured this bus and this bus
using Ethanol instead of fuel.
62. Border Secrity Force and Board Guard
Bangladesh signed an agreement on vulnerability
mapping to implement a coordinated bordermanagement plan to curb drug and human
trafficking. The chief of BSF is D.K. Pathak and
the Director General of BGB is Aziz Ahmed.
63. The Governor of Maharashtra Shri K.
Sankaranarayanan resigned from the office and
he appointed the new Governor of Mizoram.
Recently, the Governor of Gujarat Shri Om
Prakash Kohli has been given to additional
charge of Maharashtra.
64. Approximately, 218 coal block allocationsdeclared illegal by the Supreme Court of India
which were allocated by Screening Committee
during the period 1993 to 2010.
65. Out of 18 Assembly constituencies 10 seats won
by Congress and its allies and remaining 8 seats
won by BJP and its allies. The 18 Assembly
contituencies elections held in Bihar, Punjab,
Madhya Pradesh and Karanataka.
66. The President of France Francois Hollande
dissolved the government on the issue of
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countrys stagnant economy. The Prime Minister
of France Manuel Valls resigned from the post.
67. The Prime Minister of India Shri Narendra Modi
launched energy highway for eastern India to
connect with the national gas grid. Gas Authority
of India Limited will implement this pipeline
project.
68. To gave the special treatment of ebola virus,
Japan will offer favipiravir which is an anti-viral
drug, the drug known as Avignan. The major
countries affected with ebola virus are Guinea,
Sierra Leone and Liberia.
69. Four Governors namely Kalyan Singh appointed
for the State of Rajasthan while Vajubhai
Rudabhai Vala for Karnataka, Mridula Sinha for
the State of Goa and C. Vidyasagar Rao for theState of Maharashtra.
70. A domain called Dot Bharat launched by the
Government of India to connect people with
social media. This domain will give the
information to the people in their regional
languages but initially, eight languages are
included in the domain are Hindi, Bodo, Dogri,
Konkani, Maithili, Marathi, Nepali and Sindhi.
71. The Finance Ministry of India ordered forensic
audit of UCO Bank after found irregularities innon-performing accounts. UCO Bank is 4th bank
that is named for forensic audit. The other three
banks are Dena Bank, Oriental Bank of
Commerce and Syndicate Bank.
72. Israel and Hamas agreed to Egyptian ceasefire
proposal for unlimited time. Few days back, the
proposal was refused by Hamas.
73. Indian Air Force and Russian Federation Air
Force started Indo-Russian Air Force Exercise
called Avia Indra 2014 which is first Indo-Russian aerial exercise between the two
countries.
74. The Jewish Centre, Chabad House oftenly called
as Nariman House reopened after 6 years. The
Centre was remained closed after the 26/11 terror
attack in the year November 2008.
75. Recep Tayyip Erdogan became 12th President of
Turkey. He relates to Justice and Development
Party while Ahmet Davutogul became the Prime
Minister of Turkey.
76. 7 countries Canada, Denmark, France, United
Kingdom, Albania, Croatia and Italy joined
United States of America in arming the Kurdish
forces against ISIS.
77. Department of Industrial Policy and Promotion
notified Press Note 8, the note allows 100% FDI
in the Indian Railways infrastructure.
78. To identify the obsolete laws, Ramanujam
Committee established by the Prime Minister
Shri Narendra Modi. The Chairman of the
Committee will be R. Ramanujam.
79. The Tourism Minister of India Shripad Naik set
the criteria to build tourism industry in all over
the India, the criteria set by him called as
Sustainable Tourism Criteria for India.
80. The Honble Supreme Court of India asked DLFLtd., a real estate developer company to pay the
fine amount of Rs.630 Crore, imposed by
Competition Commission of India.
81. The state of Maharashtra will form the
Transgender Welfare Board. Maharashtra will
become 2nd state of India to form the Transgender
Welfare Board. The first one was Tamil Nadu.
82. Sivaramakrishnan Committee submitted its report
to the Union Home Ministry on the capital of
Andhra Pradesh. The committee was recentlyconstituted to sugest the place to build the capital
city of Andhra Pradesh. The Chairman of this
committee is K. Sivaramakrishnan.
83. The Governor of Manipur Shri Vinod Kumar
Duggal resigned. Formerly, he was the member-
Secretary of Srikrishna Committee, the
committee was constituted on the issue of new
formed state of Telangana.
84. The Cabinet of Delhi made mandatory
instructions to wear the helmets for women ontwo wheelers.
85. Till now, NDA Government of India laid down
the many foundation stones to provide hastle free
services to Indians. In the near future, the Indian
Government can start MyGov.in programme.
Under this programme the educational
certificates, residential documents and other
necessary documents will be stored in the
individual digital lockers. After the inaugration
of this programme, all the Indians can free from
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harassment suffered by them in the government
offices.
PSU Banks in India
Reserve Bank of India (1935)
Head Quarter: Mumbai
Governor: Dr.Raghu Ram Rajan
4 Deputy Governors: Mr.Harun Rashid Khan,
Mr.S.S. Mundra, Dr.Urjit R. Patel, Mr. R. Gandhi
It has 4 regional offices, 15 Branches and 5 sub-
offices.
Functions: Formulates, implements and monitors
the monetary policy, Regulates and supervise the
financial system, Regulates and supervise the
payment systems, Manages the Foreign Exchange,
Issue Currency, Promotes national objectives, Short
terms loans to Govt. under ways and means
advances,
Inspections: Onsite thru CAMELS &
CALCS and ofsite thru OSMOS, Nationalized in
1949, Established in 1935 by RBI Act 1934.
State Bank of India (1955)
Head Quarter: Mumbai
It was the 1st Joint Stock Bank of British India, Bank
of Bengal, Bank of Bombay and Bank of Madras
amalamated on 27th Jan. 1921, Imperial Bank of
India was converted into SBI in 1955, 7 subsidiary
were added in the year 1959 State Bank of
Saurastra was merged in 2008 and State Bank of
Indore was merged in 2010, Now SBI is having 5
Associate Banks, It is 3rd largest employer in India
after Coal India and TCS (among listed companies)
Chairman: Ms.Arundhati Bhattacharya
Slogans: Pure Banking nothing else, With you
all the way, and A Bank of commonman. ATMs
more than 43000
Branches: more than 15143, 170
branches in 34 nations
Allahabad Bank (1865)
Head Quarter: Kolkata
It is the oldest Joint Stock Bank of India
CMD: Mr.Rakesh Sethi
Slogan: A tradition of trust
Branches: more than 2500
Andhra Bank (1923)
Head Quarter: Hyderabad
It is founded by freedom fighter Mr.B.P. Sitaramaya
Chairman: Mr.CVR Rajendran
Slogan: For all your needs
Branches: more than 1632
Bank of Baroda (1908)
Head Quarter: Vadodara
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Head Quarter: New Delhi
Founding fathers are Bhai Vir Singh, Sir Sunder
Singh Majithia, Sardar Tarlochan Singh.
Chairman: Jatinder Bir Singh
Slogan: Where service is way of life
Branches: more than 900
Punjab National Bank (1894)
Head Quarter: New Delhi
It is Indigenous bank of India and 2nd largest Comm.
Bank of India
Chairman: Mr.K.R. Kamath
Slogan: The name you can bank
upon
Branches: more than 4500
Syndicate Bank (1925)
Head Quarter: Manipal
Chairman: Mr.Sudhir Kr. Jain
Slogan: Faithful Friendly
Branches: more than 2650
UCO (United Commercial Bank) 1943
Head Quarter: Kolkata
Chairman: Mr.Arun Kunal
Slogan: Trust and Excellence since
1904
Branches: more than 2000
Union Bank of India (1919)
Head Quarter: Mumbai
Mahatama Gandhi inaugurated it.
CMD: Mr.Arun Tiwari
Slogan: Good people to bank with
United Bank of India (1950)
Head Quarter: Kolkata
Chairman: Mr.Bhaskar sen
Slogan: The Bank That Begins With
U
Branches: more than 1443
Vijaya Bank (1931)
Head Quarter: Bangalore
CMD: Mr.V. Kannan
Slogan: A friend you can bank upon
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Movie awards held in 2014
61ST NATIONAL FILMAWARDSAward Winner
Best popular film providing wholesome
entertainment
Bhaag Milkha Bhaag
Nargis Dutt Award (National Integration
Award)
Thalaimuraigal (Tamil)
Best Actor Raj Kumar Rao (for Shahid) and Suraj
Venjaramoodu (Peraiyathavar - Malyalam
film)
Best Actress Geetanjali Thapa (for Liars Dice)
Best Film (Hindi) Jolly LLB
Best Director Hansal Mehta (for Shahid)
Non feature film on social issues Gulabi Gang (Hindi-Bundelkhand)
Non feature film Rangbhoomi (Hindi)
Best book on cinema Cinema Ga Cinema written by Nandagopal (in
Telugu)
Best children film Kaphal (Hindi)
Best English film The Coffinmaker
86THACADEMYAWARDS (OSCARS)
Award Winner
Best picture 12 years a slave
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Best Actor Matthew McConaughe for movie Dallas
Buyers Club
Best Actress Cate Blanchett for Blue Jasmine
Best Director Alfonso Cuaron for Gravity
Best Foreign Language film The Great Beauty (Italian)
15TH IIFA (INTERNATIONAL INDIAN FILMACADEMY) AWARD: (MACAU)Award Winner
Best film Viacom 18 motion pictures Bhaag Milkha
Bhaag
Best Actor Farhan Akhtar
Best Actress Deepika Padukone
Best Director Rakeysh Omprakash Mehra
Most popular all time international star John Travolta
Performance in comic role Arshad Warsi in Jolly LLB
Entertainment of the year Deepika Padukone
Life Time Achievement Shatrughan Sinha
59TH FILMFARE AWARDS
Award Winner
Best film Bhaag Milkha Bhaag
Best Actor Farhan Akhtar (BMB)
Best Actress Deepika Padukone
Best Director Rakesh Omprakash Mehra
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Life Time Achievement Award Tanuja
56TH GRAMMYAWARDS
Award Winner
Song of the year Royals by Joel Little and Lorde
Album of the year Daft Punk win 4 awards
Best pop solo performance Royals by Lorde Biggest winner with 4 awards
best new artists and most of the grammy rap
categories won by Macklemore and RyanLewis
71ST GOLDEN GLOBEAWARDS
Award Winner
Best Actor (in motion picture) Leonardo Dicaprio (for film The Wolf of Wall
Street)
Best Actress Cate Blanchett (Blue Jasmine)
Best Director Alfonso Cuaran (Gravity)
Best motion picture (Comedy or musical) Americn Hustle
Best motion picture drama 12 years a slave
44TH INTERNATIONAL FILM FESTIVAL OF INDIA (IIFI)
Award Winner
Golden Peacock
Beatrizs War (Co-Directors: Luigi Acquisto and
Netu Reiss)
Silver Peacock
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The Best Director Kaushik Ganguly for Bengali film Apur
Panchali
Special Jury Award Thou Gilds (a Turkish film)
Best Actor Alon Moni Aboutboul for an Israeli Move A
Palace in Heaven
Best Actress Boczarska Magdalina for Polish Movie in
Hiding
Special Centenary Award Bengali film Maaghe Dhaka Tara directed by
Kamleshwar Mukherjee
Life Time Achievement Award Jiri Menzel
Centenary Award for the Indian Film
Personality of the year 2013 was given to
Waheeda Rehman
The Chief Guest of the closing ceremony was Michelle Yeoh
Important facts about Grand Slam
tournaments held in 2014
Tournament Facts
Wimbledon Open 2014 (Grass) In Mens final Novak Djokovic won Roger Federer
in womens final Petra Kvitov of Czech won from EugnieBouchard of Canada
in Mens Double Vasek Pospisil and Jack Sock won from
Bob Bryan and Mike Bryan
in womens Double Sara Errani and Roberta Vinci won
from Timea Babos and Kristina Miadenovic
A Rosewater Dish trophy is given to womens final
winner and challenge cup to mens winner
French Open (Clay) 2014 Played in Roland Garos, Men Single Rafaeil Nadal ofSpain won from Novak Djokovic of Serbia
Rafael Nadal won the Roland Garros crowns for the
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5th time successively, and 9th winner and in total 14 grandslam winner, also known as King of Clay and retained1st position
women single Maria Sharapova won from SimonaHalep of Romania
Maria Sharapova won the 5th grand slam already in 2012she won all the 4 grand slams of the year. After thiscompetition, she became No.5th player in rank.
Prize Money total Euro 18718000, Single winner-Euro1250000, Mixed Double-Euro 100000 per team
Medal Trophies: Single Men-Coupe Des Mousquetairs,Women Single Coupe Suzanne Lenglan, MixedDouble-Coupe Marcel Barnard
Australian Open 2014 (Hard) Stanislas Wawrinka of Switzerland won Mens final fromRafael Nadal
in womens final Li Na of Chin won from DominikaCibulkova of Slovakia
In womens double Sara Errani and Roberta Vinci won
from Ekaterina Makarova and Elena Vesnina
In mixed double Daniel Nestor of Canada and KristinaMladenovic (France) won from Sania Mirza and HoriaTecau (Romanian)
Australian Open is played in Rod Laver Arena inMelbourne and trophies Norman Brookes Challenge Cupand Daphne Akhurst Memorial Cup are being given toMens and Womens winner respectively.
US Open 2013 (Hard) Rafael Nadal (Spain) won from Novak Djokovic(Serbian)
Serena William won from Victoria Azarenka
In mens double the winners Leander Paes and Rodek
Stepanek won from Alexander peya and Bruno Soares
US Open was played in Arthur Ashe Stadium, FlushingMeadows ground of New York. The winners in single got$1.9 mn and the runners got $ .95mn.
Union Budget 2014Arun Jaitley, The Finance Minister of Narendra
Modi's cabinet presented, Union Budget. I must
say that this budget is "Growth Oriented".
Government planned to invest lots of funds on
setting up of new educational institutes and one
of the most important step that government took -
Increase in limit of 80C. This would lead to
higher investment rate and automatically this
would help in job creation.
Highlights
Taxes and Interests
Income tax exemption limit raised from
Rs.2 Lakh to Rs.2.5 Lakh
Deduction limit under Section 80-C
raised to Rs.1.5 Lakh
Annual PPF ceiling hiked to Rs.1.5 Lakh
No tax for income upto Rs.3 Lakh for
senior citizens
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Markets & Banking
PSU Banks to raise Rs.2.40 Lakh Crore
capital by 2018
Introduction of uniform KYC norms
One single operating DMAT Account
Two bank accounts in each household to
be opened
What it means: Banking facilities for all households
Customs & Excise
Colour picture tubes exempted from
basic customs duty
Basic customs duty on LCD, LED panels
below 19 inches reduced
More proposals to cut excise on food
processing and footwear
Cigarattes, tobacco products, aerated
water containing sugar to become
expensive
Aim: To curb use of tobacco products as
smoking results in 1 million deaths every year
and 20% of the total deaths in the country.
Sports
Rs.200 Crore for upgrading indoor and
outdoor facilities in Jammu and Kashmir
Rs.100 Crore allocated for Sports
University in Manipur
Rs.100 Crore for training sportsmen and
women for upcoming Commonwealth
and Asian Games.
Aim: As sports have not been mainstreamed to
date, was a need to set up national level
academies for major games in different parts of
the country.
Information Technology
Tax benefits for IT industry restored
FDI to be allowed in e-commerce sector
to provide much needed boost to the
online retail industry
Rs.100 Crore set aside for development
of Technology Development Fund
Biotech clusters to be set up in Bangalore
and Faridabad
All government departments, ministries
to be integrated through e-platform by
31 Dec., 2014
Aim: to promote the use of new technology and
integration of technology across sectors.
Rural Development
Rs.500 Crore for Deen Dayal Upadhaya
Gram Jyoti Yojana
Rs.14,389 Crore for Pradhan Mantri
Gram Sadak Yojana
Initial sum of Rs.100 Crore for Village
Entrepreneurship Programme
New programme Neeranchal to give
impetus to watershed development with
an initial outlay of Rs.2,142 Crore
Swatch Bharat Abhiyaan targeting total
sanitation by 2019
Low interest loan scheme for women self
help groups
Tax exemption limit increased from 2 lacs to 2.5 lacs
Much awaited and expected decision from FM. Although
it was expected that tax exemption limit will be increased
to 3 lacs but it is increased to 2.5 lacs only. Governmenttried to relief to inflation stricken public.
Individual resident below 60 years of age (i.e. born on or
after 1st April 1953) or any NRI, HUF, AOP, BOI or
AJP*
Income Tax Slabs
Income Slabs Tax Rates
I. Where the total incomedoes not exceed
Rs.2,00,000/-
NIL
II. Where the total income
exceeds Rs.2,00,000/- but
does not exceed Rs.
5,00,000/-.
10% of amount by
which the total
income exceeds
Rs. 2,00,000/-
III. Where the total income
exceeds Rs.5,00,000/- but
does not exceed Rs.
10,00,000/-
Rs.30,000/- +
20% of the
amount by which
the total incomeexceeds Rs.
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5,00,000/-
IV. Where the total income
exceeds Rs.10,00,000/-
Rs.130,000/- +
30% of the
amount by which
the total income
exceeds Rs.
10,00,000/-
Surcharge : Nil
Education Cess : 3% of the Income Tax.
* Abbreviations used :
NRI - Non Resident Individual; HUF - Hindu
Undivided Family; AOP - Association of Persons; BOI -
Body of Individuals; AJP - Artificial Judicial Person
I. Individual resident who is of the age of 60 years
or more but below the age of 80 years at any time
during the previous year (i.e. born on or after 1st
April 1933 but before 1st April 1953)
New Schemes introduced in
Budget 2014
Scheme Fund Allocation
Textile Cluster 200 Crore
Kisan Television 100 Crore
Four new AIIMS 500 Crore
Modernization of Madrassas 100 Crore
Community Radio Centres 100 Crore
Agricultural University 200 Crore
Beti Padhao Beti Badhao
Yojana
100 Crore
Statue of Unity of SardarVallabh Patel
200 Crore
National rural internet and
technology mission
500 Crore
New and renewable energy 500 Crore
Soil health card policy 100 Crore
Soil testing lab 100 Crore
Metro rails development
project
100 Crore
Important Organizations
and their Abbreviations
IOD- Indian Ocean Dipole ICANN- Internet Corporation for Assigned
Names and Numbers
CCI- Competition Commission of India
DGCA- The Directorate General of Civil
Aviation
UNESCO- United Nations Educational,
Scientific and Cultural Organization
IAEA- International Atomic Energy Agency
(IAEA)
NFSA- National Food Security Act UNEP- United Nations Environment Programme
NDMA- National Disaster Management
Authority
MPA- Marine Protected Area
OHCHR- Office of High Commissioner for
Human Rights
DRSC- District-level Road Safety Committees
AICTE :- All India Council of Technical
Education
AIIMS :- All India Institute of Medical Sciences ASSOCHAM :- Associated Chamber of
Commerce and Industry
BIS :- Bureau of Indian Standards
CSIR :- Council of Scientific and Industrial
Research
CVC :- Central Vigilance Commission
DGCA :- Director General of Civil Aviation
ECIL :- Electronic Corporation of India Limited
FCI :- Food Corporation of India
FICCI :- Federation of Indian Chamber of
Commerce and Industry
FIEO :- Federation of Indian Export
Organization
IDFC Infrastructure Development Finance Co.
Ltd.
GATT :- General Agreement on Tariff and Trade
AICI Agricultural Insurance Corporation of
India
CCIC Central Cottage Industries Corporation
CCI Consumer Confidence Index
EFTA European Free Trade Association
ISROIndian Space Research Organisation
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ICICIIndustrial Credit and Investment
Corporation of India
HDFCHousing Development Finance
Corporation
NASA :-National aeronautics and space
administration.
ESA :-Employment and support Allowance
Business and Economy1. Employees Provident Fund Organisation (EPFO)
retained the rate of interest as 8.75% p.a. on the
deposits of provident fund.
2. RBI has cancelled Certificate of Registration of
six non-banking finanancial institutions
(NBFCs). The reason being that they cannot beable to conduct business of non-banking
finanancial activities. It is hereby important to
noted that RBI at any time observed that if any
institution cannot be able to bear the expenditures
or losses then RBI cancelled the Certificate of
Registration of that institution immediately.
3. HDFC (Housing Development Finance
Corporation) is fast growing private sector bank
who will open a school in Gurgaon. This will be
the first financial organization who taken thistype of step.
4. According to the Bloomberg Billionaires Index,
Shri Dilip Singhvi, the founder and MD of Sun
Pharmaceutical Industries topped the gloabal rich
list with $17.2 billion. Sun Pharmaceutical
Industries is the fastest growing healthcare
company.
5. Reserve Bank of India reduced the Statutory
Liquidity Ratio (SLR) by 50 basis points to 22%
but the repo rate remains the same announced by
the RBI Governor Raghuram Rajan.
Policy Rates Bank Rate 9.0%
Base Rate 10% to 10.25%
CRR 4.0%
Repo Rate 8.0%
Reserve Repo Rate 7.0%
SLR 22%
Term Deposit Rate 8% to 9.05%
6. RBI has cancelled the licence of The Vasavi Co-
operative Urban Bank Ltd.
7. Reserve Bank of India drafted guidelines to
implement the Bharat Bill Payment Scheme
(BPPS) oftenly called as any time any where
bill payment system.
8. Tata Consultancy Services (TCS) became the
first Indian Company to cross Rs.5 Lakh Crore
Market capitalization. Till today, no other
national company can reach at this target. TCS is
an IT Company.
9. Reserve Bank of India will launched Rs.1000
note consisting the Rupee Symbol.
10. The Board of Reserve Bank of India has given
the apporval to create the post of Chief Operating
Officer as per the needs of the economy.11. Reserve Bank of India announed that free ATM
transactions for savings account holders in six
metro cities will decrease from 5 to 3 from 01st
November 2014. That cities are Mumbai, New
Delhi, Chennai, Kolkata, Bengaluru and
Hyderabad.
12. India ranked at 5th position in Renewables Global
Status Report 2014 while China ranked at 1st
position. First time this report was relased in the
year 2005.13. The merger of Mumbai and Kolkata will held
with Maharashtra and West Bengal under the
Department of Telecom. After the mergeness of
these cities, the telecom subscribers who
travelling from these cities will free from the
roaming charges. The present Telecom Minister
is Ravi Shankar Prasad.
14. The Korean handset maker Samsung still
continues to lead the smartphone market with
29% share as per the report of International DataCorporation which is a market research to
conduct analyzing in information technolgy and
telecommunications. The Chief Executive Officer
of International Data Corporation is Kirk
Campbell.
15. Colgate palmolive appointed Issam Bachaalani as
Managing Director of India. Colgate palmolive
Company is the multinational company which is
focus on the healthcare products like soaps,
detergents etc. The Chief Executive Officer of
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Colgate Palmolive Company is Ian M. Cook and
its headquarter in New York.
16. The 2nd largest private sector bank of India i.e.
HDFC Bank opened its Branch in Dubai. The
HDFC Bank taken this step to see the large
quantity of Indians in Dubai. Before this the bank
has already opened its two international branches
in Bahrain and Hong Kong. The Chief Executive
Officer of HDFC Bank is Aditya Puri.
17. The Swachh Bharat scheme gets Rs.200 Crore
from Tata Consultancy Services and Bharti
Foundation for working this scheme. The Chief
Executive Officer of Tata Consultancy Services
is Natarajan Chandrasekaran. The Chief
Executive Officer of Bharti Foundation is Vijay
Chadda.18. The renowned Private Sector Bank i.e. ICICI
Bank launched EMI facility on debit cards with
the condition to have FD in tha bank. With this
launching, ICICI Bank became the first bank to
launch this type of facility.
19. The Ministry of Finance gave the instructions to
forensic audit to take an audit regarding the
misappropriation of funds committed by Dena
Bank and Oriental Bank of Commerce.
20. International Finance Corporation launched$2.5bn onshore Indian ruppe programme to
strengthen the support infrastructure development
and capital market. International Finance
Corporation is the member of World Bank
Group.
21. The Indian companies Tata Consultancy Services
(TCS), Sun Pharma Industries, Hindustan
Unilever, Larsen & Toubro (L & T), Bajaj Auto
listed in the Forbes list among 100 most
innovative companies.22. ITC Limited listed in Indias most admired
companies. Approximate, 45 companies listed in
the FORBES list.
23. Tata Value Homes signed an angreement with
Snapdeal to enable the users to buy houses
online.
24. Cox & Kings Ltd., a travel company got the
contract of Deccan Odyssey, a luxury train
service of Maharashtra Tourism Development
Corporation for the term of 5 years.
25. Reliance Jio Infocomm Ltd. signed the deal with
BSNL for sharing the towers. Reliance Jio
Infocomm Ltd. is the first telecom company to
get the unified licence for all the 22 service areas
in all over India.
26. Air India will sell tickets for Rs.100 excluding
tax on the eve of Air India Day i.e. on 27 th
August 2014, the day on which the Indian
Airlines merged with Air India 7 years back i.e.
in the year 2007.
27. INTERPOL appointed Shah Rukh Khan as its
Ambassador. The Headquarter of INTERPOL is
in France. After the appointment, he became the
first Indian to become Ambassador of
INTERPOL.
28. More than 1.5 Crore accounts opened all overIndia under the Pradhana Mantri Jan Dhan
Yojana, a Yojana announced by the Prime
Minister on the eve of Independence Day, few
days back. This is a big record in the Indian
banking industry that 1.5 Crore accounts opened
just in One day.
29. Indian Railway Catering and Tourism
Corporation (IRCTC) launched the new
application for all the Black Berry Smartphone
users. With this application, all the Black BerrySmartphone users can book the train tickets.
Science and Technology1. Indian Air Force received its 6th C-17
GlobemasterIII aircraft on 28th July 2014.
2. 6th C-17 GlobemasterIII launched in Indian Air
Force. This success of Indian Air Force wil
enhance the Operational Potential of itself.
3. Two Indians Rishi Israni and his wife Pranoti
invented a Robot which will produce one baked
chapati. This is worlds first Chapati Making
Robot. The Rotomatic device is the first device to
be used in Robotic Technology.
4. On 8th August 2014 India and USA decided to for
co-development and co-production of advanced
weapons systems which will revive the Defence
Trade and Technology Initiative between India
and USA.
5. SHERLOC is the first UV Raman Spectrometer
that will fly in Mars. SHERLOC (Scanning
Habitable Environments with Raman and
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Luminescence for Organics and Chemicals) will
carried by the Mars 2020 rover mission.
6. NASAs ISEE-3 vintage spacecraft successfully
completed the visit to the earth moon system.
Originally this spacecraft was launched in the
year 1978.
7. Mars Environmental Dynamics Analyzer
(MEDA) would be carried in 2020 to measure
temoperature, measure the speed of wind and also
the direction, presurre and wind and humidity of
air.
8. Radar Imager for Mars Subsurface Exploration
(RIMFAX) will be sent to Mars to study the
centimeter-scale resolution of the geologic
structure of the subsurface. RIMFAX is a ground
penerating radar.9. On 16th August 2014, Prime Minister of India
Shri Narendra Modi will delivered INS Kolkata
to Indian Navy. INS Kolkata will be the part of
44 warships. This is the first and largest made in
India.
10. Google will be build knowledge vault to store the
information of whole the world by using an
algorithm to turn the raw data.
SportsFIFA World Cup 2014
1) 2014 FIFA World Cup was the ..... FIFA World
Cup?
Ans. 20th
2) Which country hosted the FIFA World Cup 2014?
Ans. Brazil
3) The FIFA 2014 was held from __ to __?
Ans. 12th June to 13th July
4) Brazil had earlier hosted FIFA WC in which year?
Ans. 1950
5) How many countries participated in the FIFA WC
2014?
Ans. 32
6) Name the two new technologies used for the first
time at a World Cup in 2014?
Ans. Goal-line technology and vanishing foam for
free kicks.
7) When was the first FIFA World cup held?
Ans. 1930
8) Name the countries which have so far lifted FIFA WC
since it's startingin 1930?
Ans. Argentina, Brazil, England, France, Germany,
Italy, Spain and Uruguay
9) Which was the first team to be eliminated from FIFA
WC 2014?
Ans. Spain (the champions of 2010 WC)
10) Germany lifted the FIFA WC 2014 defeating whichteam in the finals?
Ans. Argentina (By 1-0 margin)
11) Which team became the first European team to win a
World Cup in the Americas?
Ans. Germany
12) Germany's win marked the first time that sides from
the same continent had won three successive World Cups.
Who were the earlier winners in 2010 and 2006?Ans. 2010- Spain & 2006- Italy
13) Germany qualified for which tournament winning the
world Cup?
Ans. 2017 FIFA Confederations Cup
14) First match of FIFA 2014 was between?
Ans. Brazil and Croatia
15) Who scored the first goal of FIFA WC 2014?Ans. Marcelo of Brazil (It was a self-goal
which earned Croatia the lead in the 11th
minute.) But at the end Brazil won the match
3-1 with Neymar scoring 2 goals and Oscar
one.
16) Who was the referee in the opening match?
Ans. Yuichi Nishimura from Japan
17) Who was the referee in the final match?
Ans. Nicola Rizzoli from Italy
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18) Total how many venues where there for FIFA
WC 2014?
Ans. 12
19) Which stadium hosted the final match
between Germany and Argentina?
Ans. Maracana Stadium, Rio de Janeiro
20) Which was the official match ball of the 2014
FIFA World Cup?
Ans. Adidas Brazuca
21) Brazuca was manufactured in which country?
Ans. Sialkot, Pakistan
22) Which country reached their first
quarterfinals since 1986 in FIFA WC 2014?
Ans. Belgium
23) Name the two first-time quarterfinalists in
FIFA WC 2014?
Ans. Colombia and Costa Rica
24) Which country set a World Cup record with
four consecutive semi-final appearances in FIFAWC 2014?
Ans. Germany
25) Who beacme the first player to appear in four
World Cup semi-finals in FIFA WC 2014?
Ans. Miroslav Klose
26) Miroslav Klose broke whose record with 16 goals to
become the highest scorer in the history of FIFA 2014?
Ans. Ronaldo
27) Which team secured third place in FIFA WC 2014?
Ans. Netherlands. The defeated Brazil 30 in third
place play-off.
28) Germany and Argentina faced each other in how
many WC finals?
Ans. Three (1986, 1990 and 2014)
29) Who was awarded the Golden Boot for scoring six
goals in FIFA WC 2014?
Ans. James Rodrguez of Colombia. He was followed
by Thomas Mller- 05, Lionel Messi, Neymar
and Robin van Persie with 04 goals.
30) How many goals were scored in FIFA WC 2014 in
total?
Ans. 171 goals by 121 different players.
31) How many self-goals were there in FIFA WC 2014?
Ans. 05
32) Which player was suspended during FIFA WC 2014
for nine international matches and banned from taking
part in any footballing-related activity (including entering
any stadium) for four months, following a biting incident
on Italian defender Giorgio Chiellini?Ans. Luis Surez of Uruguay
33) Who scored the two hat-tricks of FIFA WC 2014?
Ans. Thomas Muller of Germany and Xherdan
Shaqiri of Switzerland
34) Who won the Golden Ball in FIFA 2014 as best
player of the tournament?
Ans. Lionel Messi of Argentina
35) Who was awarded the Golden Glove for best goal
keeper?
Ans. Manuel Neuer of Germany
36) Who was given the Best Young Player award in FIFA
WC 2014?
Ans. Paul Pogba of France
37) Which team won FIFA Fair Play Trophy?
Ans. Colombia
38) Which country will host the next FIFA WC
in 2018?
Ans. Russia
1. Vikas Gowda became first athlete who brought
the first athletics medal in Commonwealth
Games 2014. After this victory, Vikas Gowda
became Indias 2nd male athlete to win Gold
Medal in Commonwealth Games, the first one
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was Milkha Singh who won Gold Medal in
athletics in the year 1958.
2. Babita Kumari win Gold Medal in womens free
style 55 kg wrestling in Commonwealth Games
2014.
3. Jitu Rai won Gold Medal in 50m Air Pistol in
Commonwealth Games 2014.
4. The closing ceremony of 20th Commonwealth
Games, 2014 held at Hampden Park Stadium,
Glasgow, Scotland. The next 21st Commonwealth
Games, 2018 will he held in Gold Coast in
Australia. India has successful to win 15 Gold
Medals and total 64 medals.
The 15 Indian Gold Medalists are:
Yogeshwar Dutt in Mens wrestling 65
kg freestyle Sushil Kumar in Mens wrestling 75 kg
Amit Kumar in Mens wrestling 57 kg
Babita Kumar in Womens wrestling, 55
kg freestyle
Vinesh Phogat in Womens wrestling 48
kg
Satish Sivalingam in Mens weightlifting
77 kg
Sukhen Dey in Mens weightlifting 56 kg
category
K Sanjita Chanu in Womens
weightlifting 48 kg category
Vikas Gowda in Mens Discus Throw
Jitu Rai in Mens Shooting 50 m Pistol
Rahi Sarnobat in Womens Shooting 25
m pistol
Apurvi Chandela in Womens shooting
10 m Air Rifle
Abhinav Bindra in Mens 10 m Air Rifle
Dipika Pallikal in Womens Squash
Joshana Chinappa in Womens Squash
Parupalli Kashyap in Mens Badminton
5. Parupalli Kashyap became the first shuttler in
Mens singles to win a Gold Medal in
Commonwealth Games in the last 32 years.
6. Sabine Lisicki created the world record by fastest
serve in Womens Tennis. She is from Germany
which country recently won the FIFA World Cup
2014.
7. The Worlds superstar Usain Bolt won Gold
Medal in Commonwealth Games, 2014 in mens
4 100 m relay. He is from Jamaica. Usain Bolt
broke many records which were set by various
athletes.
8. England successful to placed at 1st position in
Commonwealth Games 2014 with 58 Gold
Medals, 59 Silver Medals and 57 Bronze Medals.
9. Chika Amalaha the Weightlifter of Nigeria
became the first to be caught in the dope offence
in Commonwealth Games 2014.
10. Kapil Dev will become the Head of Arjuna
Awards Selection Committee while Ajit Pal
Singh is likely to be charge of selecting the
Dronacharya Awardees. Kapil Dev is a former
Crickter who won the Cricket World Cup forIndia in the year 1983 by defeating the then
worlds strongest team West Indies while Ajit Pal
Singh is a famous hockey skipper. The present
Sports Secretary is Ajit Sharan.
11. The Cricket Team of India equalled the world
record of maximum 6 played gone on ducks in a
test innings. There are three more teams, their 6
players were gone on duck i.e. Pakistan, South
Africa and Bangladesh. From the total four
teams, there are three teams from Asia.12. The Indian Women Recurve team won Gold
Medal in the Archery World Cup. In this World
Cup, the Indian team lead by Deepika Kumari.
The world cup held at Wroclaw, Poland.
13. The famous Crickter Virender Sehwag and
famous Boxer Mary Kom will promote a unity
marathon for CRPF which is the largest
paramilitary force of India. The Chief of CRPF is
Dilip Trivedi.
14. The famous Indian sportsperson RavichandranAshwin declared No.1 Test All-rounder in Test
Cricket. India slipped at 4th position in ICC Test
Cricket. South Africa placed at No.1 position.
15. Ravichandran Ashwin became 46th Indian
Cricketer who will receive Arjuna Award which
was started in the year 1961 who perform their
best and achieve the outstanding performance in
sports. However, Rajiv Gandhi Khel Ratna
Award will not to be given any sportsperson this
year.
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16. The famous Sri Lankan Cricketer namely Kumar
Sangakkara break the record of Sir Don Bradman
by completing his 10th Double Century. He
completed his 10th Double Century against
Pakistan.
17. The famour Tennis Superstar Roger Federer won
his 300th match during the Master Tournament.
Recently he ranked World No.3 best Tennis
Player by the Association of Tennis
Professionals. Roger Federer belongs to
Switzerland.
18. Jo-Wilfried Tsonga won the Rogers Cup after
beating Roger Federer. Recently he ranked
World No.10 best Tennis Player by the
Association of Tennis Professionals. Jo-Wilfried
Tsonga belongs to France.19. On 12th August 2014, Jo Pavey became the oldest
woman to win the Gold Medal in European
Championships. This champoionship has
organized by European Athletics Association.
Recently, She won a Bronze Medal in
Commonwealth Games 2014.
20. Real Madrid Football Club won the UEFA
Footbal Super Cup by defeating the Sevila
Footbal Club. Now, Real Madrid has 14
European Trophies included this one. The UEFASuper Cup is organized annualy.
21. The State of Himachal Pradesh will host the
Paragliding World Cup in the next year 2015
which will be organized by Paragliding World
Cup Association.
22. Kush Kumar became the first Indian player to
reach at semi-final of the World Junior Squash
Championship. He is a professional Squash
Player. The President of World Squash
Federation is Cyrus Poncha.23. Judit Polgar the famous Chess Player retired from
competitive Chess Arena. She is the only Chess
woman player who remains at No.1 position in
the Worlds Top players for consecutive 25 years.
She is from Hungary. Now, the present World
Chess Champion is Magnus Carlsen.
24. Roger Federer won Cincinnati Masters after
defearing David Ferrer. This is his 80 th carrer title
and 6th at the Cincinnati Masters.
25. Serena Williams won Cincinnati Master after
defeating Ana Ivanovic. This is her first
Cincinnati title.
26. Adille Sumariwala will head the Indian
contingent for Asian Games which will be hed in
October 2014. He is the President of the Athletics
Federation of India. 17th Asian Games will be
held in South Korea.
27. Tech Mahindra ties up with the famous former
hockey player Shri Dhanraj Pillay to encourage
and promote the game hockey. Dhanraj Pillay is
the Manager of Indian Hockey Team. He also
awarded with Arjuna Award.
28. Max Verstappen will become the youngest F1
(Formula 1) driver. Now, he is just 16 years old.
He is from Netherlands.29. The State of Madhya Pradesh became the
member of Hockey India. It is the 23rd member of
Hockey India. Hockey India is the apex body of
India to promote the Hockey in youth.
30. The American swimmer namely Katie Ledecky
created a new world record in Womens 1500
meter freestyle in swimming by breaking her own
record at Pan Pacific Championship. She created
a record by swam the distance in 15 minute 28.36
seconds. Till now, she won 5 gold medals.31. Daniel Ricciardo from Australia won Belgium F1
Grand Prix which held on 24th August 2014.
32. On 29th August, i.e. the birth anniversary of
former Hockey Player Dhayan Chand, National
Sports Day celebrated throughout the country.
Dhyan Chand is also known as the Hockey
Magician.
33. The new International Hockey Stadium
inaugrated in Raipur on the eve of National
Sports Day. This is the 2
nd
International HockeyStadium established in the State of Chhatisgarh,
the first one was in Rajnandgaon.
Awards and Books1. Bhartiya Mahila Bank Ltd. awarded by Banking
System Initiative Award-2014. The Chairman of
Bhartiya Mahila Bank Ltd. is Usha
Ananthasubramanan. Basically, this bank has
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working for economic empowerment of women
in India.
2. Container Corporation of India Limited received
Navratna Status granted by the Union
Government. This corporation is the 17th Central
Public Sector Enterprise to receive this status.
3. Bachendri Pal awarded by Bharat Gaurav Award
organized by East Bengal Club. This is the
highest award of East Bengal Club. Bachendri
Pal was the first Indian woman to climb Mount
Everest in the year 1984. It is important to know
that Bachendri Pal is Gold Medalist in
Mountaineering and also got Arjuna Award and
varous other awards and achievements.
4. Malala Yousufzai won Liberty Medal for the year
2014 given byy National Constitution Center,USA. She awarded by this award for the
outstanding work of basic education and human
rights in Pakistan because in Pakistan girl
education and human rights were restricted by
Taliban. Malala Yousufzai also bageged
Pakistans Civil Awards 2014.
5. Dr. Raghunath Anant Mashelkar honoured with
Padma Vibhushan Award. He is a famous
scientist. Padma Vibhushan is the highest civilian
award of India. The Padma Awards are presentedby the President of India.
6. Vyas Samman 2013, the prestigios award given
in Hindi writing and peotry won by the famous
Hindi writer Vishwanath Tripathi. This award
was started in the year 1991 by K.K. Birla
Foundation.
7. Sanjaya Rajaram won World Food Prize 2014.
He is a famous scientist. The award has given by
the World Food Prize Foundation. This award
was started in the year 1986 by Dr.NormanBorlaug.
8. Kedar Nath Singh won Jnanpith Award 2013. He
is a famous Hindi writer. The award has given by
Bhartiya Jnanpith Trust founded in the year 1961.
This award is given in the filed of excellence
work in any Indian language.
9. The book namely Strictly Personal, Manmohan
and Gursharan was written by Daman Singh.
Manmohan Singh was the 13th Prime Minister of
India. This book is based upon Manmohan Singh
and his wife Gursharan Kaur.
10. Sriram Vedire, the National Convener of Water
Management Cell of Bhartiya Janta Party wrote a
book namely Gujarats success stry in Water
Management mentioning that the water resources
are well utilized resources to achieve the
development of any State or any Country.
11. Three Members of Parliament namely Shri Arun
Jaitley, Dr.Karan Singh and Shri Sharad Yadav
awarded the Parliamentarian Awards for the
excellence contribution in their parliamentary
duties. The awards have given by the President of
India Shri Pranab Mukherjee.
12. The Professor of Iran namely Maryam
Mirzakhani became first woman to win the Top
Prize in Mathematics. She received the Fields
Medal which is generally known as the NoblePrize of Mathematics. The President of Iran is
Hassan Rouhani.
13. The Global South Award given by International
Political Science Association (IPSA) to Dr. Sunil
Kumar who is the renowned Professor of Delhi
University on 13th August 2014 for his paper
titled as Chaning Landscape of Electoral
Democracy and Political Demography based on
the General Election 2014.
14. The Tourism Ministry of India has declared thatthe State of Sikkim became the most favoured
destination for foregin tourists in the North-East
Region. Before this, the State of Sikkim has
declared the best place to visit. Moreover, Sikkim
also won the National Tourism Award 2012.
15. Munjal Bhargava won the Noble Prize of
Mathematics. Moreover, Subhash Khot also won
the Rolf Nevanlinna Prize which is awarded by
Internation Mathematical Union.
16. The highest peacetime gallantry award of IndianArmy i.e. Ashok Chakra conferred to Late Maj.
Mukund Varadarajan. 12 Shaurya Chakras, 39
Sena Medals, 1 Nau Sena Medal and 2 Vayu
Sena Medals also announced on the eve of the
Independence Day.
17. Partha Mitra awarded Early Concept Grants for
Exploratory Research (EAGER) to map the
human brain alongwith Florin Albeanu. He is an
neuroscientist in the USA. Brain Research
throiugh Advancign Innovative
Neurotechnologies (BRAIN) initiative is an
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19. Sharad Kumar Director General, National Investigation Agency
20. Ved Prakash Chairman, UGC
21. K. Radhakrishnan Chairman, Space Commission and ISRO
22. R.K. Sinha Chairman, Atomic Energy Commission and Sec. Deptt.
of Atomic Energy
23. A. Bhattacharya Chairman, SSC
24. K.G. Balakrishnan Chairman, Human Rights Commission
25. C. Chandramouli Registrar General of India and Census Commissioner
26. K.V.Choudhary Central Board of Direct Taxes
27. T.S. Vijayan Chairman, Insurance Regulatory Development
Authority
28. U.K. Sinha Chairman, Securities & Exchange Board of India
29. Arundhati Bhattacharya Chairperson, State Bank of India30. S.K. Roy Managing Director, LIC
31. Ashoke Kumar Mukherjee Indias permanent representative in UNO
32. Nirupam Sen Spl. Sr. Advisor to President of UN General Assembly
33. Mamta Sharma Chairperson of National Commission for Women
34. Y.V. Reddy Chairman, 14th Finance Commission
35. Ashok Chawla Chairman, Competition Commission of India
36. Leela Samson Chairperson, Central Board of Film Certification
37. Rana Kapoor President, ASSOCHAM38. R. Chandrasekhar Chairman, NASSCOM
39. R. Chandrashekhar President, NASSCOM
40. Alok Joshi Director General, RAW
41. Amole Gupte Chairperson, Children Film Society of India
42. S. Banerjee Director, Bhabha Atomic Research Centre
43. Ajay S. Shriram President, CII
44. Siddhartha Birla President, FICCI
45. Sam Pitroda Chairman, National Knowledge Commission
46. Ramesh Sippy Chairman, National Film Development Corporation
47. Mrinal Pande Chairperson, Prasar Bharati
48. Ratan Tata Chairman, Investment Commission
49. Avinash Chander Scientific advisor to PM and Head DRDO
50. Jawhar Sircar Chairman, Prasar Bharati
51. T.M.Basin Chairman, Indian Banks Association
52. Rajeev Mathur Chief Information Commissioner
53. Prof. Parvin Sinclair Director, NCERT
54. Ajit Doval National Security Advisor
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List of important International organizations and
their headsSr Head Organization
1. BDavid Richardson CEO of ICC2. Hassan Malik Chairman, SAARC
3. Anil Kumble Chairman, ICC Cricket Committee
4. Christine Lagarde Managing Director, International Monetary Fund
5. Irina Bokova Director General, UNESCO
6. Mukhira Kituyi Secretary General, UNCTAD
7. Peter Tomka President, International Court of Justice
8. Takehiko Nakao President, Asian Development Bank
9. Kamlesh Sharma Secretary General, Commonwealth
10. Roberto Azevedo Director General, WTO11. N. Srinivasan President, International Cricket Council
12. Jim Yong Kim President World Bank
13. Yukia Amano Director General, International Atomic Energy Agency
14. Jan Eliasson First Dy. Secretary General, UNO
15. Arjun Bahadur Thapa Secretary General, SAARC
16. Salil Sethi Sec. Gen, Amnesty International
17. Helen Clerk Director General of UNDP
18. Klaus Schweb Chairman, WEF (World Economic Forum)
19. Ban Ki Moon Secretary General, United Nation Organization
20. Hassan Rouhani Chairperson/Secretary Gen. of NAM21. Phumzile Mlambo Nqcuka Head of UN Women
22. Thomas Bach President, International Olympic Committee
23. N.Ramachandran President, Indian Olympic Association
24. Prince Zeid al Hussein UN High Commissioner for Human Rights
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Natural Disaster Reduction
October 14 World Standards Day
October 15 World White Cane Day (guiding
the blind)
October 16 World Food Day
October 24 UN Day;
World Development Information Day
October 30 World Thrift Day
November 9 Legal Services Day
November 14 Children's Day; Diabetes Day
November 17 National Epilepsy Day
November 20 Africa Industrialisation Day
November 29 International Day of Solidarity
with Palestinian People
December 1 World AIDS Day
December 3 World Day of HandicappedDecember 4 Indian Navy Day
December 7 Indian Armed Forces Flag Day
December 10 Human Rights Day;
IntI. Children's Day of
Broadcasting
December 18 Minorities Rights Day
December 23 Kisan Divas (Farmer's Day)
Prime Minister and Council of Ministers - India
S.no Portfolio Name
Cabinet Ministers of India 2014
1
Prime Minister and also in-charge of
the Ministries/Departments not
specifically allocated to the charge of
any Minister
Narendra ModiPersonnel, Public Grievances and
Pensions
Department of Atomic Energy
Department of Space
2 Home Affairs Rajnath Singh
3External Affairs, Overseas Indian
AffairsSushma Swaraj
4 Finance, Corporate Affairs, Defence Arun Jaitley
5
Urban Development Housing, Urban
Poverty Alleviation, Parliamentary
Affairs
M Venkaiah
Naidu
6 Road Transport, Highways Shipping Nitin Gadkari
7 RailwaysD V Sadananda
Gowda
8Water Resources, River Development
and Ganga RejuvenationUma Bharati
9 Minority Affairs Dr Najma AHeptulla
10Rural Development, Panchayati Raj,
Drinking Water and SanitationNitin Gadkari
11Consumer Affairs, Food and Public
Distribution
Ram Vilas
Paswan
12 Micro, Small and Medium Enterprises Kalraj Mishra
13 Women and Child Development Maneka Gandhi
14 Chemicals and Fertilizers Ananth Kumar
15 Communications and InformationTechnology, Law and Justice
Ravi ShankarPrasad
16 Civil AviationAshok Gajapathi
Raju Pusapati
17Heavy Industries and Public
EnterprisesAnant Geete
18 Food Processing IndustriesHarsimrat Kaur
Badal
19 Mines Steel Labour and EmploymentNarendra Singh
Tomar
20 Tribal Affairs Jual Oram
21 AgricultureRadha Mohan
Singh
22 Social Justice and EmpowermentThaawar Chand
Gehlot
23 Human Resource Development Smriti Irani
24 Health and Family WelfareDr Harsh
Vardhan
Ministers of State with Independent Charge
1
Development of North Eastern
Region, External Affairs, Overseas
Indian Affairs
General VK
Singh
2Planning, Statistics and Programme
Implementation, Defence
Inderjit Singh
Rao
3
Textiles, Parliamentary Affairs, Water
Resources, River Development and
Ganga Rejuvenation
Santosh Kumar
Gangwar
4 Culture and TourismShripad Yesso
Naik
5 Petroleum and Natural Gas Dharmendra
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Pradhan
6Skill Development, Entrepreneurship,
Youth Affairs and Sports
Sarbananda
Sonowal
7
Information and Broadcasting
Environment, Forest and ClimateChange, Parliamentary Affairs
Prakash
Javadekar
8Power, Coal, New and Renewable
EnergyPiyush Goyal
9
Science and Technology Earth
Sciences Prime Minister Office
Personnel, Public Grievances &
Pensions Department of Atomic
Energy, Department of Space
Jitendra Singh
10Commerce and Industry, Finance
Corporate Affairs
Nirmala
Sitharaman
Ministers of State
1 Civil AviationGM
Siddeshwara
2 Railways Manoj Sinha
3 Chemicals and Fertilizers Nihalchand
4Rural Development Panchayati Raj
Drinking Water and Sanitation
Upendra
Kushwaha
5Heavy Industries and Public
Enterprises
Radhakrishnan
P
6 Home Affairs Kiren Rijiju
7Road Transport and Highways
ShippingKrishan Pal
8Agriculture, Food Processing
Industries
Dr Sanjeev
Kumar Balyan
9 Tribal Affairs
Mansukhbhai
Dhanjibhai
Vasava
10Consumer Affairs, Food and Public
Distribution
Raosaheb
Dadarao Danve
11 Mines, Steel, Labour and Employment Vishnu Deo Sai
12 Social Justice and EmpowermentSudarshan
Bhagat
Financial Terms A-Z
A
AGM - Annual General Meeting, it is the year meeting
held by every registered company. Agenda is to explain
the performance during the year, presentation of annual
financial statements, voting on important financial
decisions. Any shareholder can participate in AGM.
Asset turnover ratio - This ratio can be explained as Net
assets / Total turnover or sales. This ratio measures the
operational efficiency of business assets. In simple terms
this measures how many time total assets turned in a year
and how efficiently the assets are used in a business.
Acid test ratio - This is one of the important ratio to
measure business liquidity. Business liquidity is defined
as ability of a business to pay it;s short term debts. Acid
test ratio = Highly liquid assets / current liabilities
American Depository Receipts - This is the way non-US
companies raises money from US investors. These shares
can be traded in US stock exchanges and denominated in
US $.
Amortization - It is an accounting technique by which
intangible assets are written off over a period of time. For
example provision for doubtful debts or preliminary
expenses are written off over a certain period of time.
Annuity - It is an investment scheme under which
investor makes recurring investments and lump sum
payment is made to him at the end. Common example is
Recurring deposit account at a post office where people
makes small monthly deposits and gets their money back
at the end of period. Benefit of Annuity is investor gets
compound interest over a period of time.
Asset Management Company - AMC is a company that
pools and invests investor money in pre-determined
goals. Pool of funds is known as Mutual fund.
Audit - Financial statement and physical stock is checked
annually by professional auditor (Chartered Accountant
affiliated by ICAI in India)
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B
Book-keeping - Recording of financial transactions in
books of account.
Bear market - A market situation in which most of the
investors thinks that markets will fall.
Balance of Payment - BOP is the difference between a
country's exports and imports.
C
Capital - Wealth invested by an entrepreneur on his
business. Capital = Assets - Liabilities
Capital gain - Gain by selling a capital asset in which a
person is not doing business. Income by selling a house
by a bank employee is a capital gain whereas when a
builder do the same thing it is Income from business and
professional.
Current asset - An asset that can be converted into cash
with 12 months. For example - debtors, stock etc.
Credit rating - A ranking applied to an individual,business or a nation based upon its credit history and
current financial position. There are various credit rating
companies in India such as Crisil.
CPI - Consumer price index is measure to find price of a
bundle of commodities. CPI is used to measure the
inflation in a country.
D
Debt consolidation - Debt consolidation is a process by
which various loans and converted into a single loan to
reduce interest rate and instalment value.
Depreciation - Depreciation is reduction in value of an
asset due wear and tear over a period of time. For
example a company purchased a machine in 2005 and
planned to charge 20% depreciation. In 2010 the machine
will be written off from the books of account.
Dividend - Dividend is the amount per share paid by a
company to its shareholders. Dividend value is based
upon company's profitability.
Dividend payout ratio - It is the ratio of dividend paid
per share and EPS ( Earning per share )
Double entry bookkeeping - It is a method of
bookkeeping in which every transaction is recorded two
accounts. Once in debit side and once in credit side.
E
Earning per share - Earnings made by a company in a
financial year divided by number of issued shares.
Equity - Value of a business. Equity = Total assets -Total liabilities
Ex-divided - Ex-dividend means without dividend. When
a seller makes a ex-dividend sales contract then he is
entitled to get dividend or interest payment.
EBIT - Earning before interest and taxes
EBT - Earning before tax
EAT - Earning after tax
F
Face value - The amount mentioned on face of a bond
certificate.
Fixed assets - Assets which can be seen such as
machinery
Financial year - A period of 12 months from 1st April to
31st march
Fundamental analysis - Analysis of a company based
upon financial and operational performance.
Fiscal policy - Income and expenses management by
Government.
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Limited liability Liability of an individual or a
business up to the value of investment made in a business
M
Monopoly - A situation in market where there are many
buyers but a single seller exist.
Money market - Market dealing in short term lending
and borrowing of funds. Also know as Cash market.
Monetary policy - Set of actions by Central bank of a
country ( RBI in case of India) to control the supply of
money. These actions included increase in interest rate,
open market purchases, changing commercial bank's
reserve funds ratio (SLR) etc.
Marginal cost - Additional cost to produce an extra unit
of product.
Margin - Amount of profit added to cost price of each
unit of a product
Margin call - Margin call term is used in two
situations. First - Whenever a lender gives a secured loan
and loan value is a fixed percentage of loan thenwhenever the value of security decrease below the
decided ratio then lender given a margin call to borrower
to bring loan to security ratio to decided
level. Secondly in stock exchanges traders trades in
various securities by paying 20-30% of the value of
securities. Whenever the value of security goes below
that margin, broker gives margin call to trader to bring
the margin to desired level.
Mark-to-market - As explained above while definingmargin call, value of assets in case of securities is
measured on daily basis. If the trader's asset value
increased, increased value is transferred to his account. In
case the value of assets decreased margin call is made to
adjust the margin.
N
NPV - Net Present Value is aggregate of future cash
flows from a project minus total costs. NPV is a capital
budgeting technique used to check feasibility of projects.
Net profit - Net profit is Gross profit minus indirect cost.
See indirect costs
Net worth - Net assets - Total liabilities
Nationalization - When Government takes control of a
business, this is known as nationalization.
NAV - Net Assets Value is mutual fund's per unit
exchange traded price
O
Opportunity cost - Additional cost in product
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