August 2014
August 2014
August 2014
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Type
1.
Government approved a bill to amend the Juvenile Justice Act to allow for 16-18year-olds to be treated as adults when involved in heinous crimes.
2. Glasgow (Scotland) Commonwealth Games 2014 (20th Commonwealth Games) Organized in Celtic Park Stadium of Glasgow, Scotland. Total 4950 Athletes from 71
Countries participated in the second largest sports event in the world after Olympics.
200 Indian Atheletes participated in it.
Clyde was the Official Mascot of this Sports Event.
Medal Tally England Topped the Medal Tally with total 174 Medals (58 -G, 59 - S, 57 - B)
Australia was secon with 139 Medals. Canada was Third with 82 Medals and Host
Country Scotland was Fourth with 53 Medals.
India was at Fifth Place with 64 Medals (15 - Gold, 30 - Silver, 19 - Bronze).
India's Parupalli Kashyap won Gold in Badminton's Singles.
Vikas Gowda won First Gold for India in Discuss Throwing Evvent.
Deepa Karmakar became India's First Female Gymnast to win a Commonwealth
Medal as she won Bronze in Female Gymnastics.
Dipika Pallikal and Joshna Chinappa won first ever gold medal in Squash.
Records Scotland's Erraid Davies (13 Years) becomes youngest ever Commonwealth Games
medalist as she won the Bronze medal in 100 Metres Breast Stroke Swimming.
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Claudia Fragapane made record of Most Individual Gold Medals as she won won 4
Golds in Gymnastics.
Welsh Gymnast Francesca Jones chosen as Best Athlete of the Glasgow
Commonwealth Games 2014.
Next (21st) Commonwealth Games are to be Hosted by Australia in 2018.
3.
RBI has proposed setting up a GIRO (Government Internal Revenue Order) based on
Umesh Bellur Committee Suggestions to implement a flexible Anytime, Anywhere Bill
Payments System Across Country. It proposes of Two New Units called BBPS (Bharat Bill
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34. Foreign VIP Visits to India SAM Kuitesa, Foreign Minister of Uganda Visited India.
US Defence Secretary Chuck Hagel Visited India.
US Secretary of State John Kerry Visited India.
35. Former India cricket captain Kapil Dev will head the Arjuna Awards selection committee
for choosing this year's outstanding sportspersons and former hockey contain Ajitpal
Singh is likely to be in charge of selecting the Dronacharya awardees.
36. G20 Countries' Leading Industrialists meet in Sydney, Australia. The summit is called
B-20 (Business - 20).
37. Gautam Adani Led Adani Group bought 1200 MW Thermal Power Plant from LANCO
Infratech in Karnataka.
38. Global Trends in Antibiotics Consmption Report 2014 has stated that india is the
Largest consumer of Antibiotics in the world between 2000 - 2010.
39. Government approved Ken-Betwa river linking to benefit UP and Madhya Pradesh by
meeting irrigation, drinking water and electricity needs of people.
40. Government Abbounced Sansad Adarsh Gram Yojana undert which each Member of
Parliament would choose one Village under its Jursidiction and develop it into an Ideal
Rural Set up and define measures to be taken for the same.
41. Government Approved FDI Limit Hike in Railways to 100%. Note that Government has
also approved FDI Limit Hike in Insurance and Defence sectors to 49%.
42. Government Decided to create an EMC (Expenditure Management Commission) to keep
track of Expenditures and better Cash Management to be headed by Former RBI Governor
Bimal Jalan.
43. Government Plans to set up countrys largest ultra mega solar plant of 700 MW
Capacity in Madhya Pradesh Rewa district with an investment of Rs 4,000 crore.
44. Government Started Bank of Ideas and Innovations (BII), an initiative to promote ideas
and innovation. and announced revival of CAPART (Council for Advancement of People's
Action and Rural Technology), which works with NGOs for rural development.
45. Government announced Draft Terms for setting up of Small & Payment Banks and
concluded that Minimum worth to set up one will be 100 Crores as compared to 500
Crores required to set up a fully functiona scheduled Bank.
46. Government decided to double the Energy cess on Coal to Rs 100 per tonne.
India announced the introduction of a clean energy cess in its Budget 2010-11 to
reduce the negative environmental consequences and increased pollution levels
associated with industrialization and urbanization. The clean energy cess is levied on
lignite and peat at a rate of INR 50 per tonne and on Coal at a rate of Rs, 100 per
Tonne. It is applicable to imported coal as well.
47. Government formed a Committee for suggesting measures to be adopted for revival of
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61. India Building World's Highest Railway Bridge over chenab River in Jammu & Kashmir.
62. India Decided to Cancel Secretary Level Talks with Pakistan in view of Continued Cease
Fire violation by Pakistan Army at Border.
63. India has put a partial ban on Italian defence parts maker Finmeccanica due to its UK
subsidiary Agusta Westland involved in infamous VVIP helicopter deal corruption case.
64. India has rejected a US proposal at the World Trade Organization seeing it as attempts
by developed countries to push through an agreement on trade facilitation without
addressing the concerns of the developing and least developed countries.
65. India signed a Memorandum of Understanding (MoU) with Czech Republic Railways to
earn expertise in running semi high-speed trains and modernising signalling system of
Railways.
66. India successfully conducted trial of its indigenously developed surface-to-air 'Akash'
missile, with a strike range of 25 km.
67. Indian Air Force Chief Arup raha has been appointed as Chief of Staff Committee.
68. Indian Archer Deepika Kumari showed win one gold and two bronze medals in the
World Cup archery Stage 4 at Wroclaw (Poland).
69. Indian Author, Nikhil Chandwani, Becomes First Indian Writer to Bag American Literary
Forum Society Award. His novel, Coded Conspiracy, has received the Conspiracy Novel of
the Year Award from the prestigious American Literary Forum Society.
70. Indian Bank Chairman T M Bhasin has been appointed as Chief of IBA (Indian Banks'
Association) for 2014 - 15.
71. Indian Cellphone Maker Micromax has overtaken Samsung to become the largest
mobile phone supplier in India in Q2 2014 (16.6 % Share).
72. Indian Government decided to abolish 64 Year Old Planning Commission and set up a
New Institution to Carry out the tasks.
73. Indian Navjeet Kaur Dhillon clinched the bronze medal in the womens discus throw at
the 2014 IAAF World Junior Championship in USA.
74. Indian Navy built a new Very Low Frequency (VLF) transmitting station at INS
Kattaboman, Tirunelvelli, Tamil Nadu to enhance ability to communicate with deployed
submarines.
75. Indian Origin person Priti Patel has been appointed exchequer secretary in the Treasury
department of United Kingdom.
76. Indian Public Sevtor Broadcaster Doordarshan signed an agreement with Deutsche
Welle (DW), Germanys international broadcaster to gain access to its viewers across
germany.
77. Indian Railways has launched the Next Generation E-Ticketing System that is much
more fast then previous Version of the Railways Software.
It is capable of Booking 7200 Tickets Per Minute as compared to previous capacity of
2000 Per Minute.
The system, developed at a cost of Rs 180 crore, will ensure that 1.2 lakh concurrent
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users can book e-tickets simultaneously against the earlier capacity of 40,000
concurrent users at a time.
78. Indian Researchers successfully deployed IndARC, Indias first multi-sensor moored
observatory in the Arctic.
79. Indian Tennis Player Sania Mirza has been appointed as Ambassador India's newly
Formed 29th State - Telangana.
80. Indian VIP Visits to Other Countries Indian Foreign Minister Sushma Swaraj Visited Nepal for Inter-Ministerial Meet with
Nepal after 23 Years.
Indian Foreign Minister Sushma Swaraj Visited Singapore.
Indian Prime Minister Narendra Modi Visited Nepal ans received Huge Welcome on
his arrival.
During this Visit, PM Narendra Modi Addressed Nepal's Parliament.
Narendra Modi Paid Worship in Pashupatinath temple and donated Rs. 25 for its
maintenance.
Pandheshwar Dam is to be constructed on Kali River for hydro power Generation.
81. Indian-American Sampat Shivangi has been appointed as the Chairman of the
Mississippi Board of Mental Health, making him the first Asian to occupy the top health
post in this southern American state.
82. International Congress of Mathematics 2014 was organised in Seoul (South Korea).
Indians were Awarded during this conference as mentioned Manjul Bhargava was honored by Field Medal (Noble of Mathematics).
Subhash Khot was honored by Rolf Nevanlinna Prize.
83. International Congress of Mathematics 2014 was organised in Seoul (South Korea).
Indians were Awarded during this conference as mentioned Manjul Bhargava was honored by Field Medal (Noble of Mathematics).
Subhash Khot was honored by Rolf Nevanlinna Prize.
84. International Olympic Committee appointed Yao Ming (Retired Chinese professional
basketball player) as Ambassador of 2014 summer Olympics to be organized in China.
85. International Physics Olympiad was held in Kazakhstan. Indians Chitraang Murdia and
Aniket Bajpai won gold medals individually.
86. K V Thomas has been appointed as Kuruppassery Varkey Thomas has been appointed as
Chief of Public Accounts Committee.
87. Kerala magician Samraj received the prestigious international Merlin Award-2014 in the
"Scary Magic" category.
88. Kush Kumar became first Indian player to reach semi final of World Junior Squash
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102. PM Modi Inaugerated Three Hydro Power Projects in Jammu & Kashmir. One is 44 MW
Chutak Hydro Power Project in Kargil, Second is 45 MW Nimoo Bazgo Project in Leh
District and third is 240 MW Uri - II in Baramula District.
103. PM Modi announced 8000-crore package for development of four highways in the state
of Jammu & Kashmir.
104. PM Modi urged to bring a Saffron (Kesar) Revolution in Jammu and Kashmir by giving a
boost to production of Kesar in the state.
105. PM Narendra Modi Tuesday announced new agricultural-irrigation scheme to ensure
ample water supply to farmers round the year. with name Pradhan Mantri Krishi Sinchai
Yojana.
106. Peter Gilchrist (Singapore) won Glasgow Open Billiards by Beating Indian Rupesh shah.
107. Philip Hammond has been appointed as new Foreign Minister of United Kingdom
(Previously was Defence Minister of UK).
108. President Pranab Mukherjee gave the Gallantry Awards on 68th Independence Day on
Aug 15, 2014.
Total 55 Medals were presented to honor the Brave.
1 Ashok Chakra wes presented. It was received by Major Mukund Varadarajan
posthumously.
12 Shaurya Chakras, 39 Sena Medals, 1 Nausena Medal & 2 Vayu Sena Medals.
109. Prime Minister Narendra Modi's announced the 2,050 km Jagdishpur - Phulpur - Haldia
gas pipeline to serve as the 'Energy Highway' of Eastern States to carry efficient fuel to
West Bengal, Bihar, Jharkhand and UP and is to be built by GAIL with Rs. 10,000 crores.
110. Prime Minister Narendra Modi, dedicated the 1000MW Mouda Super Thermal Power
Project to the nation in Mouda (Nagpur district Maharashtra).
111. R Banumathi has become the first woman judge from Tamil Nadu to be elevated to the
Supreme Court.
112. RBI allowed Banks to reduce number of Free Transactions from ATMs (Automated Teller
Machines) of Other Banks to Three in a Month (From Five). Banks are also allowed to
charge fee on more then Five Transactions from their own ATMs in a Month.
113. RBI has approved changing RBI Board Structure changes suggestions made by RBI
Governor Raghuram Rajan. It Includes appointment of a Fifth Deputy Governor and
called him COO (Chief Operating Officer). Nachiket Mor is likely candidate for this new
proposed title.
114. RBI has further Tightened the Norms for ARCs (Asset Reconstruction Companies) and
stated that they will have to pay upfront 15 per cent of the bid value of non-performing
loans, against five per cent earlier. Also, those planning to buy bad loans will get more
time (at least two weeks) to carry out due diligence before bidding for stressed assets.
115. RBI issued draft Guidelines for setting up of a Trade Receivables Accounting System
(TReDS) for Financing to MSMEs and help them convert Trade Receivable into Liquid
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Funds.
116. RBI kept its Monetary Policy Rates Unchanged in its Bi-Monthly review of Monertary
Policies. Only the SLR (Statutory Liquidity Ratio) has been changed to 22 % (From 22.5%
Initially)
Monetry Policy Rates as on Aug 31, 2014 - Bank Rate - 9%. Repo Rate - 8 %. Reverse
Repo - 7 %. CRR - 4%.
GDP Growth Rate in the Current Year (2014 - 15) expected at 5.5%.
Consumer Price Index based Inflation expected to come down to 5% by January 2015
and 6% by January 2016.
117. RIMPAC 14 - (Rim of the Pacific Exercise), the largest Naval Exercise in the world
organized with participants from 23 Countries.
118. Rajasthan State Started Bhamashah Scheme regarding Opening Bank accounts in name
of women of the Beneficiary Families.
119. Rajni Razdan has been appointed as Chairman of UPSC (Union Public Service
Commission).
120. Ramon Magsaysay Award 2014 () Hu Shuli (China)
Saur Marlina Manurung (Indonesia)
Omara Khan Masoudi (Afghanistan)
The Citizens Foundation (Pakistan)
Randy Halasan (Philippines)
About Prize Ramon Magsaysay Award is Asias highest honor and is widely regarded as the
regions equivalent of the Nobel Prize.
The award is given every year to individuals or organizations in Asia who manifest
the same selfless service like Filipino leader Ramon Magsaysay after which it was
named.
121. Ravi Shastri has been appointed as Team Director of Indian Cricket Team by BCCI.
122. Researchers have found India's First jellyfish Lake in a town Armabada in Gujarat.
123. Reserve Bank of India (RBI) has raised the foreign institutional investors' (FIIs')
sub-limit in government bonds by $5 billion, after the existing $20-billion limit was
almost exhausted. Note that total Investment limit for FIIs has been kept at USD 30
billion.
124. Results of 6th Economic Sensus (Conducted by Central Statistics Office) Number of Employed persons rose by 34.35% to 12.77 Crore and Number of
Establishments rose by 41.7% since last census in 2006 (in Eight years).
Maharashtra created most Jobs with 11.26% of all jobs in country, followed by UP,
West Bengal, Tamil Nadu and Gujarat.
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Rate of Job creation was most in Manipur (83.3%), followed by Assam, Sikkim and UP.
125. Rogers Cup Tennis 2014 Male - France's Jo-Wilfried-Tsonga beat Swiss Roger Federer.
Females - Poland's Azarenka Radwanska beat USA's Venus Williams.
126. Sanjay Kothari took over as Secretary of Department of Personnel and Training (DoPT).
127. Securities Laws (Amendment) Bill, 2014 has been approved by Lok Sabha which will
provide the securities market regulator Securities and Exchange Board of India (SEBI)
powers to effectively pursue fraudulent investment schemes (ponzi schemes) with
guidelines for the formation of special fast trial courts. It Includes Pyramid Schemes and
Multi-Level-Marketing schemes.
128. Securities and Exchange Board of India (SEBI) cleared launch of Real Estate and
Infrastructure Investment Trusts (REITs & InvIT).More[3]...
129. Sikkim has been named as the Most favorite tourist destination among the North-East
States.
130. Singapore to help India in Developing 100 'smart cities' for which Rs 7,000 crores were
allocated in its recent budget.
131. Sir Alec Jeffreys, who discovered a method of showing the variation in the DNA of
individuals, will receive the Copley Medal of the Royal Society in Britain.
132. South African Famous Cricketer Jacques Kallis retired from International Cricket.
133. South American Country Argentina has defaulted on its debt Second time in 13 Years
after talks with creditors broke down.
134. Sports Authority of India (SAI) launched F-Cube technology to promote football at the
grass-root level.
135. State Bank of India started flexible Home Loan scheme called 'Home loan on Wheels'.
136. Subhash Sheoratan Mudra has been appointed as Fourth Deputy Governor of RBI
(Reserve Bank of India). Other Three RBI Deputy Governors are H R Khan, Dr Urjit Patel,
R Gandhi.
137. Tamil Nadu Assembly passed a bill for banning entry of persons wearing 'dhoti' in public
places a cognisable offence punishable with jail term.
138. Tamilnadu government started a new award in the name of poet Ilango Adigal who
authored Tamil epic Silappathikaram to be given to people doing pioneering work in
literature.
139. Tata-SIA Airlines Limited will launch Services in October 2014 under Brand Name
Vistara.
Vistara
140. Telecom Regulatory Authority of India (TRAI) recommended a Rs.2,400-crore project to
connect Andaman & Nicobar, Lakshadweep islands with strong cable-based networks to
replace the satellite mode of transmission.
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141. The Lives of Others has been written by Neel Mukherjee. It has been nominated for
Prestigious Literary Honor - Man Booker Prize 2014.
142. The Lives of Others has been written by Neel Mukherjee. It has been nominated for
Prestigious Literary Honor - Man Booker Prize 2014.
143. To promote Research and Development in bulk drugs a National Centre for Research &
Development in Bulk Drug (NCRDBD) is to be set at NIPER, Hyderabad.
144. Traditional International Minjar fair Started in Chamba, Himachal Pradesh.
145. UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific)
Predicted 5.5% GDP Growth for India in 2014 - 15.
146. US Provided USD 225 Million in Emergency Funding to Israel for its Iron Dome Missile
Defence System in view of on going Israel - Hamas Conflict.
147. US announced its interest in Co-producing its Anti Tank Guided Missile Javelin with
India.
148. US has pledged African leaders to Invest $33 billion across continent to help African
Counteries develop their natural resources.
149. USA's Berklee College of Music will honour Indian Composer A. R. Rahman with an
honorary doctorate for his Achievements.
150. Unesco and Kerala Tourism partnered up to retrace the Spice Route through several
districts of Kerala.
151. Vijayawada has been chosen as capital city of the Indian state of Andhra Pradesh after
its division into Telangana and rest of Andhra Pradesh.
152. Vinay Sheel Oberoi appointed as acting chief of National Commission for Women.
153. WHO (World Health Organization) has declared Ebola Virus as an International Health
Emergency. Ebola has seen widespread in African Countries and has claimed Numerous
Lives so far.
154. West Bengal State observed Kanyashree diwas on Aug 14 to mark 13 lakh enrollment of
the girls under this unique 1000 Crore scheme of West Bengal Government for welfare of
Girls.
155. Y Sudarshan Rao has been appointed as chief of Indian council of Historical Research
(ICHR).
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