Final GK Power Capsule 2016

GK POWER CAPSULE FOR UIIC AO & SBI CLERK MAINS 2016
BANKING and FINANCIAL AWARENESS CURRENT AFFAIRS
RBI IN NEWS by March 31, 2017, provisioning reached the 15% level
Reserve Bank said the aggregate ceiling for foreign investors in line with sub-standard accounts.
to invest in Ujjivan Financial Services will remain at 49%. RBI has extended the $2 billion currency swap
RBI has authorised 29 agency banks to accept payments arrangement to SAARC nations till mid-November
of Income Tax dues. Some of the agency banks authorized 2017. Under the arrangement, RBI is to offer swap
by RBI to collect tax include Allahabad Bank, UCO Bank, BOI, arrangement up to an overall amount of $2 billion both in
Canara Bank, SBI and its five associate banks, CBI, Dena Bank, foreign currency and Indian rupee.
HDFC Bank Ltd, OBC, Axis Bank Ltd, ICICI Bank and PNB. RBI has signed a pact with Bank of Israel for Information
It has stated that entities from Pakistan, China, Exchange and Banking supervision.
Bangladesh, Sri Lanka, Afghanistan, Iran and Hong Kong RBI has decided to share FDI-related data with the
or Macau will require its prior approval to establish country's intelligence agencies, Intelligence Bureau (IB)
branch office or project office or liaison office in India. and Research and Analysis Wing (RAW), to check the black
The Cabinet has given approval to the MoU between the money entering India.
Reserve Bank and the Central Bank of United Arab Tata Consultancy Services (TCS) CEO and MD Natarajan
Emirates (UAE) on co-operation on currency swap Chandrasekaran, former Chief Secretary of Gujarat Sudhir
agreement. Mankad and Bharat Narotam Doshi appointed as Non
As per RBI it will shortly issue Rs. 1,000 denomination Officials Directors to the board of RBI for a tenure of 4 year.
bank notes in the Mahatma Gandhi Series of 2005 with
the insert letter of 'R' in both the number panels. SBI IN NEWS
RBI released Non-Banking Financial Company -Account Nepal SBI Bank has launched payment gateway to
Aggregator Directions, 2016. This will put in place the facilitate online trade and non-trade transactions
regulatory framework to allow a new kind of Non-Banking between the Himalayan nation 'Nepal' and India.
Financial Company (NBFC), which could act as an account SBI's point of sales terminal (PoS) network is now the
aggregator. The Net Owned Fund of such companies should largest in the country.
not be less than 2 cr. Rs.. Announced the launch of mVisa, a mobile based payment
RBI issued revised Framework for Revival and solution. Will help customers make payments through by
Rehabilitation of Medium, Small and Micro Enterprises simply scanning the unique merchant Quick Response code.
(MSMEs). The Framework has to be put in place by the banks SBI has been asked by RBI to provide for losses on food
not later than 30 June 2016. grain related loans issued to Punjab Govt..
Meghalaya CM Mukul M Sangma inaugurated the first
Key Guidelines Digital Branch of State Bank of India in North East.
It shall be applicable to MSMEs having loan limits up to 25 cr. Rs. SBI has launched a facility under 'SBI Quick: SMS and
including accounts under consortium or multiple banking Missed Call Banking' service whereby the customer can
arrangement (MBA). choose to activate or deactivate their cards.
It classifies three categories in Special Mention Account (SMA) SBI launched e-Smart SME, a working capital loan offering
to identify incipient stress in the accounts of MSMEs in case of for sellers on ecommerce platforms.
Non-Performing Assets (NPAs): Myanmar has granted operating licenses to four Asian
a) SMA-0: Principal or interest payment not overdue for more banks. Out if the 4, one is SBI.
than 30 days but account showing signs of incipient stress SBI has launched Japan Desk, a single window for
b) SMA-1: Principal or interest payment overdue between 31-60 inbound Japanese investments in India and vice-versa.
days This is a first-of-its-kind initiative that seeks to facilitate
c) SMA-2: Principal or interest payment overdue between 61-90 Japanese corporate looking to invest in India with banking
days and advisory services.
RBI signed a Special Currency Swap Agreement with the SBI ties up with Taxi Aggregator, Uber to provide instant
Central Bank of Sri Lanka. Under the arrangement, the vehicle finance to driver partners on the latters platform.
Central Bank of Sri Lanka can draw up to 700 million US
dollars. ICICI BANK IN NEWS
To streamline monitoring of fraud cases in Urban Launched the countrys first contactless business credit
Cooperative Banks, RBI said those involving Rs 1 cr. and card in association with Jet Airways.
above will have to be reported to its Central Fraud Become the first financial institution in the country to tie
Monitoring Cell (CFMC) at Bengaluru within three weeks up with the New Development Bank to explore
of detection. Fraud cases below Rs 1 cr. should be reported opportunities.
to respective regional offices of the Department of Launched iWork@Home programme for its women
Cooperative Bank Supervision (DCBS) of the RBI. employees to prevent them from dropping out of its
Reserve Bank Governor Raghuram Rajan has joined a task workforce.
force of the World Economic Forum (WEF) to study the Announced a new mobile payment solution Touch and
future of global financial system. Pay. This is based on Near Field Communication (NFC)
The central bank has directed commercial banks to technology.
increase the provisioning by 2.5% every quarter so that
www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in
1
Sold 9% stake in its general insurance venture ICICI is on rank 33 in the Forbes list of Money Masters: The
Lombard while 2% stake in life insurance subsidiary Most Powerful People in The Financial World. The list is
ICICI Prudential for about Rs 2,200 cr. topped by the Blackstone Groups CEO Stephen Schwarzman.
K Ramkumar, executive director and member of the board
at ICICI Bank has taken retirement. He will be replaced on AXIS BANK IN NEWS
the bank's board by another ICICI veteran Vijay Chandok. Reserve Bank has allowed Axis Bank to raise foreign
Tied up with marquee sports car maker Ferrari to launch shareholding to up to 62%, from the earlier limit of 49%.
co-branded credit card. Sanjiv Misra will continue as non-Executive Chairman of
Launched a credit-linked subsidy scheme for home loans Axis Bank for next three months.
under Pradhan Mantri Awas Yojana (PMAY). Under this
scheme, the ICICI will provide housing loans at subsidized OTHER PRIVATE SECTOR BANKS IN NEWS
rates of 6.5 % annually for the loan amount of Rs. 6 lakh India's largest carrier Bharti Airtel received its payment
(maximum). The maximum loan tenure to get the subsidy is bank license that is had applied for in partnership with
15 years. Kotak Mahindra Bank.
RBL Bank is going to launch an Entrepreneur-in-Residence
HDFC BANK IN NEWS (EIR) programme for fintech start-ups in the next 9-12
HDFC Ltd has been ranked among the world's ten biggest months.
and most powerful companies in the consumer financial RBL Bank became the first private sector bank in India to
services sector on a Forbes list topped by global major open dedicated branch for startups. The dedicated branch
American Express. Ranked 7th, HDFC is the only Indian was inaugurated at Koramangala, Bengaluru.
company in top ten in this category. Capital Local Area Bank became first to get Small Finance
HDFC Bank plans to open about 500 new branches this Bank license from RBI. It operates from Jalandhar in
financial year as part of its steps to Expand footprint. Punjab.
IndusInd Bank which has been the settlement bank for e-
YES BANK IN NEWS auction for tea industry, is set to lose the status. The Tea
India's fifth largest Private sector lender Yes Bank has Board has selected Bank of India as the new settlement
received a Custodian of Securities licence from the bank.
markets regulator SEBI to allows the entity to offer IDFC has just rolled out the first of its kind Twitter
custodial services to financial market participants, including campaign, #IDFCTwitterResume, where you can sell
FIIs and FPIs. yourself in 140 characters and land a job in the bargain.
Signed a strategic MoU with India Brazil Chamber of DCB Bank Limited has acquired an equity stake of 5.81%
Commerce (IBCC) to enable significant cooperation in for Rs 9.99 cr. in its long standing business partner
terms of knowledge partnerships, project consultancy Annapurna Microfinance Private Limited.
etc. Small sized lender DCB Bank has started an Aadhaar
Partnered with Clickandpay, a mobilebased payment based ATM usage facility wherein a customer can transact
solutions enterprise, to facilitate cashless, secure and using his biometric details instead of the PIN.
flexible transactions for customers. Indusind Bank goes online for loan disbursals.
Tied up with BankBazaar.com, to feature Yes Bank retail Kerala based private sector lender Federal Bank is
loan products including personal loans, home loans and car opening incubation centres in Bangalore and Ernakulam
loans on its website. exclusively for startups.
Inked a tripartite agreement for on-lending $50 million Industry body Internet and Mobile Association of India,
loan from World Bank arm IFC to women entrepreneurs. has appointed Paytm founder Vijay Shekhar Sharma,
Launched an all women operated bank branch 'Yes Grace' chairman of its the newly formed payments banks group.
on Cunningham Road aimed at offering customised banking Federal Bank has tied up with Chillar Payment Solutions
solutions to women. Pvt. Ltd. to promote the start-ups technology product
Received the prestigious Green Bond Pioneer Award for 'Campus Wallet'.
being the Pioneers in Emerging Markets-India . Honda Motorcycle and a Scooter India (HMSI) has signed
a MoU with IndusInd Bank to offer retail finance to buyers
KOTAK MAHINDRA BANK IN NEWS at an attractive rate of interest on all Honda 2 Wheeler
Became the fourth bank to open its IFSC Banking Unit models.
(IBU) at International Financial Services Centre (IFSC) in
Gujarat International Finance Tec-City (GIFT) City. INTERNATIONAL/FOREIGN BANKS IN NEWS
Surpassed ICICI Bank to emerge as the third most valued Saudi Arabia based Islamic Development Bank (IDB) has
lender in the country. announced to open its first branch in India at Ahmedabad,
Announces rise in earnings, becomes 2nd most valued Gujarat.
private bank. The Royal Bank of Scotland has confirmed its exit from
Signed an agreement with Canada Pension Plan retail banking operations in India.
Investment Board (CPPIB) for investment in stressed Singapore based DBS Bank has decided to set up its
assets in India. biggest technology hub out of its headquarter in
Uday Kotak, the chief of KMB is the only Indian in Forbes Hyderabad. The bank has appointed Mr. Mohit Kapoor as
list of 40 most powerful people in the financial world. He

2
the head of its Technology Development Centre in South Indian Bank a tie-up with National Australian
Hyderabad. Bank (NAB) for online inward remittances from Australia at
The Singapore's largest bank, DBS has unveiled the a competitive rate.
'mobile only bank in India. Mahindra and Mahindra Financial Services has
Zimbabwe is all set to introduce its own version of US appointed former investment banker Dhananjay
dollars in order to ease a cash shortage in the country. The Mungale as chairman.
governor of the Reserve Bank of Zimbabwe, John TJSB Sahakari Bank will open 18 more branches this
Mangudya has stated that the bank will introduce the note fiscal taking the total number of its network to 133 in the
of $2, $5, $10, and $20. country. TJSB Sahakari Bank's Chairman, C Nandagopal
The International Bank Note Society (IBNS) announced Menon.
that New Zealands five dollar note won the Banknote of International Finance Corporation, a member of the
the Year Award for 2015. World Bank Group launched its first Uridashi Masala
British bank Standard Chartered (StanChart) has knocked Bond.
on the doors of the PM's Office (PMO), seeking the state's The South Indian Bank has announced that its personnel
help to go after Winsome group, India's largest 'willful department has achieved the ISO 9001:2008 certification.
defaulter' after Vijay Mallya's Kingfisher Airlines.
India's largest foreign bank by number of branches MISCELLANEOUS BANKING NEWS
Standard Chartered Bank announced the global launch of India will have 8-10 very competitive public sector banks
a digital tablet based sales and service tool, 'Retail once the "dust settles" and the consolidation phase ends
Workbench' that "brings the bank" to clients. according to the Union Minister Jayant Sinha.
Hong Kong and Shanghai Banking Corp. (HSBC) will shut IREDA, the state run Indian Renewable Energy
24 of its 50 branches in India and reduce its presence to 14 Development Agency can be converted into a Green Bank
cities. to enable its access funding from overseas banks.
The New Development Bank (NDB), commonly known as Australian entrepreneur Craig Wright has publicly
BRICS bank, has sanctioned its first batch of loans, including identified himself as Bitcoin creator.
$250 million to Indias renewable energy projects. SIDBI and Saarc Development Fund (SDF) has signed a
European Union, through the European Investment Bank MoU for mutual cooperation and collaboration.
(EIB), will lend India 450 million (approximately Rs. SIDBI will raise the proposed Rs 10,000 Cr. corpus for
3,300 cr.) towards constructing a 23-km long Lucknow Stand Up India Fund from RBI. The Fund will be disbursed
Metro rail line. to Dalit and women entrepreneurs.
Jefferies has hired Vikas Khattar as head of India and NABARD sanctioned a loan of 1000 cr. Rs. to Haryana State
SouthEast Asia ECM. Warehousing Corporation (HSWC). The loan is sanctioned
for purchase of wheat during the ongoing rabi marketing
OTHER PUBLIC SECTOR BANKS IN NEWS season.
Punjab National Bank has reported the largest net loss of NABARD entered into collaboration with German Govt. on
Rs. 5,367.14 cr. for 4th quarter. This is the biggest Soil Protection and Rehabilitation for Food Security.
quarterly loss Agri and rural lender Nabard is set to raise Rs 50,000 cr.
The New Development Bank (NDB) sanctioned its first from the markets in FY'17.
batch of loans. The project from India entails provisioning Experian, the global information services company
of multi-tranche loan of $250 million to Canara Bank for launched a fraud detection mechanism named the
on-lending to renewable energy projects. Hunter Fraud Score.
The Cabinet Committee on Economic Affairs cleared Tech Process Payment Services received an in principle
conversion of Working Capital Term Loan (WCTL) of approval for setting up and operating Bharat Bill
Bank of Barodas (BoB) 29.91 cr. Rs. loan to Andrew Yule Payments Operating Unit (BBPOU).
and Co. Ltd. (AYCL) into equity shares. The postal department of India, India Post is going high tech
Union Bank of India launched eSBTR (Electronic Secured by geo tagging the post office on Bhuvan and has begun
Bank Treasury Receipt), a facility for a single window monitoring timely clearance of the letter boxes through a
payment facility of both stamp duty and registration fee mobile app.
for home purchase in Maharashtra. India Post selected Deloitte as consultant for payments
SEBI has given approval to State-owned IDBI Bank market bank.
regulator to raise Rs 3,771 cr. through issue of shares to The National Payments Corporation of India (NPCI),
qualified institutional players (QIP). launched a hackathon in partnership with software
Indian Overseas Bank (IOB) has become the first bank to industry body Indian Software Product Industry Round
commence the sale of Indian Gold Coin (IGC) in the Table (iSPIRT). The UPI (Unified Payment Interface)
domestic market. Hackathon has been launched for developers to come up
with innovative digital payment products.
RRBS/COOPERATIVE BANKS/NBFCS IN NEWS The Modi Govt. has been praised all round for getting nearly
The urban co-operative bank, Saraswat bank announced 22 cr. bank account opened in roughly one and a half years.
the donation of rs. 1 cr. for drought relief in Maharastra. In all, the JDY accounts have a balance of Rs 37,617 cr. as
of April 2016 or around Rs.1,700 per account.

3
The newly constituted Banks Board Bureau (BBB), The Govt. said it has created a Tax Policy Research Unit
headed by former CAG Vinod Rai, held its first meeting (TPRU) and Tax Policy Council to be chaired by the Union
that was attended by RBI Governor Raghuram Rajan and Finance Minister.
Union Minister of State for Finance Jayant Sinha, among Mastercard is launching new mobile technologies that
others. will allow customers to authenticate their online purchases
Banks have so far disbursed over Rs 1.15 lakh cr. under using selfies or fingerprints.
Pradhan Mantri MUDRA Yojana (PMMY). India's first cash giving app has launched by a fin-tech
company called Tslc Pte Ltd. The app is named as CASHe.
ECONOMY NEWS
1. The Department of Empowerment of Persons with 19. The Govt. of India has started the disinvestment process
Disabilities will now be known as 'Divyangjan' and has planned to sell its 11.36% equity shares in the
Sashaktikaran Vibhag in Hindi and dropped the word National Hydroelectric Power Corporation (NHPC).
'viklangjan'. 20. Union Finance Ministry extended the safeguard duty on
2. The Centre has approved an investment of over 5500 cr. Rs. steel imports until March 2018. The safeguard duty will be
for basic urban infrastructure in six states under Atal 20% minus any existing dumping duty till September
Mission. 2016, reduced to 18% till March 2017, then brought down to
3. According to the Union Railway Minister, Suresh Prabhu, 15% till September 2017 and eventually to 10% by March
the first bullet train will run in India in 2023. 2018.
4. India remained the worlds largest recipient of 21. The Cabinet gave approval for increasing the framework
remittances from abroad in 2015. agreement between Exim Bank of India and a consortium
5. The National Stock Exchange (NSE) has launched a new of Iranian banks lead by Central Bank of Iran.
index Nifty MidSmallcap 400. It will represent the mid and 22. World Bank President Jim Yong Kim announced that the
small market capitalization segments of the stock market. World Bank Group will invest 2.5 billion US dollars over 5
6. The Govt. has issued a new set of income tax return (ITR) years in education projects that directly benefit adolescent
forms that require people with an income of Rs 50 lakh girls.
and above per annum to disclose their assets. 23. Union Govt. notified that the Department of Disinvestment
7. International Monetary Fund (IMF) has declared the is renamed as Department of Investment and Public
India's growth is projected to notch up to 7.5% in 2016- Asset Management or DIPAM.
17. 24. The Cabinet approved to enhance investment by Bharat
8. According to agency Carat, India's 2016 advertising Petroleum Corporation Limited (BPCL) in Bharat Oman
growth rate will be the fastest at 12%. Refineries Limited (BORL).
9. The Govt. has notified that it has raised the threshold limit of 25. Cabinet approved World Banks $1500 million support
PF withdrawal for deduction of tax (TDS) from existing to Swachh Bharat Mission Gramin.
Rs 30,000 to Rs 50,000. 26. The Central Board of Direct Taxes (CBDT) signed 11
10. The Govt. has relaxed FDI norms for the insurance sector unilateral Advance Pricing Agreements (APAs). With this,
bypermitting overseas companies to buy 49% stake in India entered into 59 unilateral/bilateral APAs.
domestic insurers. 27. Markets regulator, the Securities and Exchange Board of
11. The Govt. permitted 100% FDI in the marketplace format India (SEBI) decided to increase the Foreign Portfolio
of e-commerce retailing. Investors (FPI) investment limit in Central Govt.
12. The cabinet approved a 6% hike in Dearness Allowance securities. The limit was increased to 140000 cr. Rs. from
(DA) to central Govt. employees and Dearness Relief 135400 cr. Rs..
(DR) to pensioners. 28. The DIPP increased 100% FDI in Business to Business
13. Saudi Oil giant Aramco plans to make major investment (B2B) ecommerce.
in Indias petroleum sector. 29. The Cabinet Committee on Economic Affairs (CCEA) gave
14. India To Clock 7.4% GDP Growth This Fiscal, Says its approval for winding up of National Manufacturing
Stanchart. Competitiveness Council (NMCC) with immediate effect.
15. As per an amendment to the Finance Bill 2016 approved by 30. The Japanese financial company Nomura has announced
Lok Sabha, new 10% Dividend Tax will be payable only on fully departure of its mutual fund joint venture with
dividend income over and above Rs. 10 lakh threshold in insurance giant Life Insurance Corporation of India (LIC).
a year. LIC Nomura Mutual Fund has now been renamed LIC Mutual
16. DIPP allowed 100% foreign direct investment (FDI) in Fund.
asset reconstruction companies (ARCs) under the 31. Fitch, the global rating agency has maintained India's
automatic route. growth forecast for India at 7.5 % for this fiscal (2015-
17. Govt. plans to provide mobile connectivity in 55,669 2016) and also sees higher growth around 7.7 % and 7.9 %
villages by March 2019 in a phased manner. over the next two financial years.
18. NSE is all set to launch a new trade receivable and credit 32. The Govt. will divest 5% stake in Container Corporation
exchange platform for micro, small and medium of India (Concor) through the offer for sale (OFS) route.
enterprises (MSMEs).

4
BUSINESS NEWS (NATIONAL and INTERNATIONAL)
S.No Companies Key Points
DOMESTIC COMPANIES
1. Mahindra and Mahindra Incorporated its agricultural equipment rental services arm Trringo.com as a
(MandM) wholly-owned subsidiary.
2. Aditya Birla Fashion and Retail Acquired the rights for California, US, based fashion retailer Forever 21
Ltd (ABFRL)
3. National Buildings Construction Takeover of Hindustan Steel Works Construction Limited (HSCL)
Corporation Ltd (NBCC)
4. Tata Group Launched 'Tata CliQ', an online and app-based platform to let users buy apparel and
electronics.
5. Online marketplace Snapdeal Established a data sciences centre in San Carlos, California, which will help it to get
top global talent and build high-value solutions.
6. Reliance Industries Sold its stake in African fuel retailer Gulf Africa Petroleum Corporation (GAPCO) to
Total S. A. of France.
7. Tech Mahindra To acquire UK based Target Group to strengthen its BFSI portfolio.
8. Tata Communications Ltd Sold 74% stake in its data centre business in India and Singapore to ST Telemedia
9. Tata Sons Chairman Emeritus Invested in San Francisco-based medical emergency response startup MUrgency
Ratan Tata Inc.
10. Snapdeal Acquired Targeting Mantra, a move that will help the ecommerce major enhance
personalisation of shopping experience of customers
11. Infosys co-founder Nandan Invested in train travel app, RailYatri.In.
Nilekani
12. Honda Motorcycle and a Scooter Signed a MoU with IndusInd Bank to offer retail finance to buyers at an attractive
India (HMSI) rate of interest on all Honda 2 Wheeler models.
13. Piramal Enterprises To acquire four brand from multinational drugmaker company Pfizer ltd namely-
Neko Soap, Sloans, Ferradol and Waterbury's Compound
14. Reliance Jio Infocomm Launched its digital wallet service, called as JioMoney Wallet, for Indian consumers.
15. Snapdeal App Tied up with UrbanClap to provide over 80 personal and home services on the
online retailer's android app.
16. Union Govt. has approved Infosys to set up an IT/ITeS special economic zone (SEZ) in Bengaluru in an area spread over
4 hectares.
17. E-commerce giant Flipkart Partnered with a Bangaluru based social technology company 'MapUnity' to launch
its map services
18. Girnar Software Pvt. Ltd, which Acquired Volob Technologies, a virtual reality start-up
owns and operates online
portals CarDekho.com,
Gaadi.com and Zigwheels.com
19. Paytm, India's largest mobile Partnered with the Wipro ltd to implement technology infrastructure for its
payments upcoming Payment bank business
20. Bharti Airtel and networking Announced partnership to increase its direct reach in West Asian countries.
player GBI
21. Bharat Petroleum Corporation To invest Rs. 3,000 in Bharat Oman Refineries Limited (BORL)
Limited (BPCL)
22. Isuzu Motors India Opened its new manufacturing plant in Sri City, Andhra Pradesh
23. Reliance Power Govt. of Bangladesh has granted in-principle approval for the first phase of Reliance
Powers gas-based power project in Bangladesh at Meghnaghat (Narayanganj
district), Dhaka
24. Mondelez India Inaugurated a plant in Tada, SriCity, Andhra Pradesh. This is the largest plant in the
Asia-Pacific region.
25. Videocon d2h Tied Up With Vodafone M-pesa through which Vodafone customers can recharge
using the proven m-pesa platform
26. Housing.com Former KPMG Director Dilip Tuli appointed as the new Senior Vice President -
Strategy and New Business Initiatives of Housing.com
27. Mahindra and Mahindra Became the first Indian company to join a global energy campaign, EP100, led by
an international non-profit group, The Climate Group.
28. Tata Steel Sports Department Charles Borromeo resigned from the post.
29. JK Tyre and Industries Ltd Completely acquired the Cavendish Industries
30. Golden Tobacco Ltd. Became the first company in India to implement the Union Health Ministrys
Cigarettes Packaging Amendment Rules, 2014.

5
31. ITC Limited and Starwood Hotels and Resorts have signed agreements to extend their existing partnership for 11 ITC
Luxury Collection hotels and 1 hotel under the Sheraton brand.
32. Flipkart Has acquired payments startup PhonePe Internet Pvt. Ltd.
33. Future Group Acquired Rocket Internets online furniture platform Fab Furnish
34. UltraTech Acquired cement units of Jaiprakash Associates
35. Flipkart Launched its own digital wallet Flipkart Money
36. Reliance Defence Ltd The DIPP approved 12 industrial licenses to the Reliance Defence Ltd.
37. India Inc First in world to formally adopt UNs sustainable goals
38. NTT Data, Inc. To acquire Dell Services.
39. Bharti Airtel Ltd. Announced the acquisition of Videocon Telecommunications Ltds
40. Bharti Airtel Acquisition of 20 MHz spectrum in eight circles from Aircel.
41. Carpooling platform Orahi Acquisition of Odd-even.com, founded by 13-year old Akshat Mittal
42. Hero Cycles Acquired 60 % stake of Sri Lanka' BSH Ventures
43. Oil and Natural Gas Corporation Limited (ONGC) took over the infrastructure of abandoned Tapti gas field in western
offshore from its joint venture partners Reliance Industries and BG.
FOREIGN COMPANIES
44. Google Won a major US court battle with software firm Oracle
45. ONGC Videsh Ltd (OVL) Signed a pact with the trading arm of Azerbaijan's state energy company SOCAR
(State Oil Company of Azerbaijan Republic) to foray into oil trading.
46. Finland-based companies, Nokia Signed a 10-year licensing deal to market Nokia-branded phones and tablets.
and HMD Global Oy (HMD)
47. Pfizer Inc Acquire biopharmaceutical firm Anacor Pharmaceuticals
48. Blackstone Group Buying Hewlett Packard Enterprise Co.s majority stake in Indian outsourcing firm
Mphasis Ltd
49. Japanese financial company Announced fully departure of its mutual fund joint venture with LIC and thus LIC
Nomura Nomura Mutual Fund has now been renamed LIC Mutual Fund.
50. E commerce company, Amazon Launched its online video service, called Amazon Video Direct
51. Asias leading cloud telephony Announced the acquisition of Delhi-based Smartwards, a customer engagement
company, Knowlarity platform that simplifies loyalty for local businesses and their customers.
Communications
52. Uber Announced its global partnership with the third party payment platform, Alipay to
provide its service in more than 400 cities globally.
53. Google Acquired a business technology start-up 'Synergyse'
54. Comcast, the parent company of To buy the DreamWorks Animation for $3.8 billion in cash. The deal will put
Universal Pictures Comcast in direct competition with Disney.
55. The Global data services Launched its 'Hunter Fraud Score' in India. The mechanism will help to measure
company, Experian the probability of fraud in a credit application across banking and insurance
industries. It will help the country to increase their efficiency in fraud detection.
56. Smartphone maker BlackBerry In partnership with digital payments platform Digitsecure, launched its money
transfer service, called BBM Money, in India.
57. Amazon Commenced work on its biggest campus at Hyderabad in India
58. Drug major Lupin Completely acquired the US-based GAVIS Pharmaceuticals LLC and Novel
Laboratories (GAVIS)
59. IT major Wipro, along with Saudi Aramco and Princess Nourah University (PNU) inaugurated Saudi Arabias first all
women business and technology park (WBP), which is expected to create nearly 21,000 jobs by 2025.
60. Apple CEO Tim Cook announced the opening of its Hyderabad technology centre that will focus on the development of
maps for its mobile products like iPhones, iPads, Macs and Apple Watches
61. England automative brand Jaguar LAND Rover ltd and a subsidiary of Indian automaker Tata Motors, has tied up with
UK-based Bullitt Group to develop mobile devices and a range of accessories under its brand.
62. Asian Games gold medalist Charles Borromeo resigned from the post of head of the Tata Steel sports department.
AGREEMENTS (INDIA/WORLD)
S. No What is the MoU/Agreement? Signed by/Between Other Point
BETWEEN INDIA and OTHER COUNTRY/ORGANIZATION
1. US$100 mn loan agreement for the Karnataka Govt. of India with World
Urban Water Supply Modernization project. Bank
2. MOU for strengthening cooperation in the field Ministry of Tourism of
of tourism. India and Govt. of
Maldives

6
3. MoU for promoting sustainable, stable and low- Indian and Japan
carbon thermal power development in India.
4. Agreement for investing USD 15 million in the Telangana Govt. with Eclat
state to provide 1,000 jobs. Health Solutions
5. Agreement to curb malnourishment among The Bihar Govt. MDM
women and children in the state. scheme, UNICEF and the
Bihar based Rajendra
Agriculture University
6. MoU to enhance research and development India and Australia
capabilities in biotechnology by launching a
joint funding call.
7. Agreement to provide a loan of Rs. 1,548 cr. to Japan International
improve the quality of urban healthcare Cooperation Agency (JICA)
services in Tamil Nadu. with Govt. of India
8. Signed a Protocol to amend the existing India and Slovenia
bilateral double taxation avoidance agreement
9. A nuclear agreement with each other to engage India and Bangladesh
the bilateral neighborhood relationship.
10. LANDmark agreement for Global promotion of India and WHO
Traditional Systems of Medicine
11. Protocol for amendment of a two-decade-old India and Mauritius
Double Taxation Avoidance Agreement (DTAA)
12. Agreement in the area of medical technology to Australian state of
address major health challenges in India. Victoria, Swinburne
University with India
13. Decided to exchange sports persons, coaches, India and Japan
experts and administrators to improve the
standard of the game between both nations.
14. Promoting bilateral cooperation in the field of India and Qatar
Information Communication Technology
15. Bilateral air services agreement that would India and New Zealand
facilitate the operation of direct flights.
16. India, Papua New Guinea sign four MoU regarding $100 Million MoU in the field of Agriculture.
agreements to boost bilateral cooperation Credit Line. MoU in the field of Information
MoU in the field of Health technology.
Care and Medical Science.
17. MoU on technical cooperation in the field of India and Bhutan
capacity building, bench marking and bilateral
exchange in infrastructure engineering.
18. India has ratified the new Trade Facilitation Agreement (TFA) of World trade Organisation (WTO).It aims to
ease customs procedures to boost commerce.
19. MoU on setting up Laser Interferometer India and the United
Gravitational-wave Observatory (LIGO) in India States
20. MoU for cooperation and mutual assistance in India and South Korea
development of Ports
21. MoU to provide 150 fishing boats and fishing India and Sri Lanka
equipment to 300 Tamil fishermen from
Mullaithivu in North Sri Lanka
22. MoU on cooperation in preventing and India and United Arab
combating of Human Trafficking. Emirates (UAE)
23. Agreement on Namami Gange Programme. India and Germany
24. Conclude a Logistics Exchange Memorandum of India and the US
Agreement (LEMOA) to enable both militaries
to use each others assets and bases for repair
and replenishment of supplies.
25. India and Maldives signed six agreements to boost the bilateral relations between the two countries.
Agreement for Avoidance of Double Taxation of income
Agreement for the Exchange of Information with respect to Taxes
Bilateral Agreement related to Orbit Frequency Coordination of South Asia Satellite
MoU for Cooperation in the area of conservation and restoration of ancient mosques and joint research and
exploratory surveys in Maldives

7
MoU on cooperation in the field of Tourism
Action Plan for Defence Cooperation
26. Five agreements to boost the bilateral India and Saudi Arabia
cooperation between the two nations
27. Agreement to provide loan assistance of 500 India and Germanys
million Euro (about 3750 cr. Rs.) for the modern Development Bank KfW
and sustainable metro system for Nagpur city
28. Madhya Pradesh Higher Education Quality India signed for IDA credit
Improvement Project of 300 US dollars with the
World Bank
29. MoU on conservation of birds of prey in Africa Union Govt. India became the 56th signatory
and Eurasia, i.e. Raptor MoU state to sign it
30. MoU on Cooperation for Prevention of Human India and Bahrain
Trafficking
31. MoU for setting up South Asia Regional Training India and IMF
and Technical Assistance Center in India
32. Ashgabat Agreement Cabinet Approved The agreement is an international
and transit corridor facilitating
transportation of goods between
Central Asia and the Persian Gulf.
33. Finalized draft of the Chabahar Trilateral1. India, Afghanistan and
Agreement on Transport and Transit Corridors Iran
34. MoU on Capacity Enhancement on Sustainable Govt. of Mizoram and the

Agriculture and Irrigation Development Japan International
Cooperation Agency
BETWEEN ORGANIZATIONS/COMPANIES
MOU Between Whom?
35. MoU to explore the possibility of setting up a National Aluminium Company Limited (NALCO) with Iranian
smelter on joint venture in Iran. Mines and Mining Industries Development and Renovation
Organization
36. MoU for cooperation in the exploration and Indian Space Research Organisation (ISRO) and the United
user of outer space for peaceful purposes. Arab Emirates Space Agency (UAESA)
37. MoU to provide scientific parameters for ISRO (ISRO) and Airports Authority of India
construction of airports
38. For listing SANDP BSE Sensex-based BSE Ltd with Korea Exchange (KRX) of South Korea
derivatives contracts
39. MoU for setting up of Kalpana Chawla Chair on PEC University of Technology of Chandigarh and Union
Geospatial Technology for Indian Railways Ministry of Railways
40. MoU to focus on building a sustainable Ola with National Safai
framework by supporting entrepreneurship, Karamcharis Finance and
skill development training and self-defence Development Corporation
courses for Safai Karamcharis and Scavengers. (NSKFDC)
41. MoU for Mutual Co-operation and Technical SEBI and Financial Services
Assistance. Regulatory Authority
42. MoU for popularizing India HANDloom textiles The Development Commissioner (HANDlooms), Ministry of
as a fashionable product for youth. Textiles, Govt. of India and NDTV Ethnic Retail Ltd.
43. MoU for Research and Development (R&D) in National Aluminium Company (Nalco) with Bhabha Atomic
fields of mutual interest. Research Centre (BARC)
44. Agreed to use European Banks to clear $6.4 Central banks of India and
billion oil payments to Tehran. Iran
45. MoU for plantation of trees alongside Railway Indian Railways with Haryana and Punjab
Track on Railway LAND Boundary
46. MoU to develop an application for Remote Railways and ISRO
Sensing and Geographic Information System
47. Agreement to impart vocational and skill National Skill Development Corporation (NSDC) and Dalmia
training to 60,000 unemployed youth over the Bharat Foundation
next 10 years across the country
48. Construct a 10 MW energy storage array at Panasonic India and AES
Panasonics Technopark manufacturing facility India Private Limited
in Jhajjar, Haryana
8
49. Rolled out free WiFi service at Bhubaneswar Google in collaboration with
railway station RailTel
50. For commercialization of the plant, NEMHARI - National Research
Plant based Formulation for Management of Development Corporation
Mulberry Root Knot Disease with M/s Rainbow Agrilife
India Private Limited
51. MoU on IMPacting Research INnovation and 25 Ministries and
Technology (IMPRINT) initiative Departments of the Union
Govt.
52. MoU for strengthening and promoting business FICCI with Australia India
ties with Australia Business Council (AIBC)
53. Share Purchase Agreement (SPA) to acquire its Tata Power Renewable
100% subsidiary Indo Rama Renewables Jath Energy Limited signed with
Limited (IRRJL) Indo Rama Renewables
Limited (IRRL)
54. Delhi based premier laboratory of DRDO, Defence Institute of Physiology and Allied Sciences (DIPAS) in
collaboration with Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH)
organised a training program on Yoga for the Defence Wing Staff.
55. Union Govt. signed a memorandum of agreement (MoA) to provide a loan of 1000 cr. Rs. to the Fertilizers and
Chemicals Travancore (FACT) Limited.
56. Agreement to supply 619 units of its 6X6 high- Tata Motors with the Indian
mobility vehicle (HMV) multi-axle truck Army
57. License Agreement for commercialization of National Research Devt.
Ayush-82, an Ayurvedic formulation for Corporation with Kudos
prevention and management of diabetes. Laboratories India
58. MoU regarding Effective Use of Space Ministry of Railways and
Technology in Remote Sensing and Graphic Indian Space Research
Information System (GIS) based Governance Organisation
Application
59. MoU to design and implement the AP Fiber Net Govt. of Andhra Pradesh and Cisco.
project
60. MoU for effective redressal of consumer Department of Consumer Affairs with Industry Association.
complaints
61. Agreement to build a product design initiative Facebook and 'National Association of Software and Services
to engage the country's young entrepreneurs Companies
62. Launched its money transfer service, called BlackBerry in partnership with digital payments platform
BBM Money Digitsecure
NEW APPOINTMENTS (INDIA)

S. no Newly Appointed Designation(Post)/Department(Company)
Constitutional and Other Posts
1. Sarbananda Sonowal CM, Assam,
2. Pinarayi Vijayan CM, Kerala
3. Mamata Banerjee CM, West Bengal
4. Kiran Bedi Lieutenant Governor, Puducherry
5. V Narayanaswamy CM of Puducherry
6. Ashok Lavasa Finance Secretary
7. Justice Navin Sinha CJ Of Rajasthan HC
8. Justice Deepak Gupta Chief Justice Of Chhattisgarh High Court
9. Justice Tinlianthang Vaiphei Chief Justice of Tripura High Court
10. Hindupur Pradeep Rao Deputy CAG
11. Atma Ram Nadkarni Additional Solicitor General
12. Dr. Radha Binod Barman Part-time Chairperson in the National Statistical Commission (NSC)
13. Justice PK Mishra Lokayukta of Goa.
14. Justice Balbir Singh Chauhan Chairperson, 21st Law Commission.
15. NK Aggarwal Lokayukta of Haryana
16. President nominated 6 eminent personalities to Rajya Sabha
Subramanian Swamy: a BJP leader Narendra Jadhav: a renowned economist
Navjot Singh Sidhu: Former Indian cricketer turned politician
Suresh Gopi: Malayalam actor Swapan Dasgupta: a journalist

9
Mary Kom: Legendary boxer and Olympic bronze medallist
17. Justice (retd) Permod Kohli Chairman, Central Administrative Tribunal (CAT)
18. HL Dattu Chairperson, National Human Rights Commission
CEOS/Chairman of Companies/Organizations/Banks
19. Renowned scientist S K Sharma CMD, Nuclear Power Corporation of India Limited (NPCIL).
20. Bhushan Patil President, Paytm
21. CP Gurnani, MD and CEO, Tech Chairman ,National Association of Software and Services Companies
Mahindra (Nasscom) for 2016-17.
22. Sunil Sabharwal Alternate Executive Director,IMF
23. Kunal Shah Chairman, FreeCharge
Govind Rajan Chief Executive Officer, FreeCharge
24. Vinod K Dasari MD(MD), Ashok Leyland
25. Bollywood Actor R Madhavan Goodwill ambassador of LEPRA India organization
26. Rajiv Bhalla MD, Barco India
27. Rohit Philip Chief Financial Officer (CFO), IndiGo
28. Nitin Prasad Head, Shell India
29. Ashok Chawla NSE Chairman
30. Sudhakar Rao Chairman of BSE
31. Sanjiv Misra Chairman, Axis Bank
32. Sudhir Raheja Chairman, Airport Authority Of India (AAI)
33. Sankaran Naren Executive Director, ICICI Prudential
34. Bhupendra Kainthola Director of Film and Television Institute of India (FTII)
35. Kishore Biyani MD of Bharti Retail
36. Mrugank Paranjape MD and CEO of Multi Commodity Exchange (MCX)
37. Jitendra Jagota Chairman ,Indian Direct Selling Association (IDSA)
38. Suresh Senapaty Chairman, Honeywell Automation India Ltd (HAIL)
39. Susmita Pande Chairperson, National Monument Authority (NMA)
40. Ram Bahadur Rai President,Indira Gandhi National Centre for the Arts (IGNCA)
41. A Ajith Kumar Chairman,Rubber Board
42. Rohit Philip Chief Financial Officer (CFO), IndiGo
43. Hemant Kumar Ruia Chief Financial Officer (CFO), Indus Towers
44. Sharad Agarwal Head of India operations, Italian luxury sports car maker Lamborghini
45. Kallol Roy CMD, Bhartiya Nabhikiya Vidyut Nigam
46. Amitabh Coomar Chief Executive Officer (CEO), Go Javas
47. Tapan Kumar Chand President, Aluminium Association of India (AAI).
48. Rakesh Mohan Independent NonExecutive Director , Nestle India Board
49. Patrick Dupuis Board of Directors, Wipro Limited
50. Amar Abrol Chief Executive Officer, AirAsia India
51. Ritu Beri Advisor, Khadi and Village Industries Commission
52. S Sridhar MD (MD), Pharmaceutical giant Pfizer
53. Vijay Mallya Resigned as Director of Royal Challengers Sports Private Limited
54. Mrugank Paranjape MD and CEO, Multi Commodity Exchange of India Ltd (MCX)
55. Vineet Taneja Chief Executive Officer (CEO), Micromax Informatics Ltd
Other Important Appointments
56. Lt General S K Saini Commandant of prestigious Indian Military Academy (IMA)
57. Mr. Deepak Mishra Additional Director General, Central Reserve Police Force (CRPF)
58. Vice Admiral Girish Luthra Flag Officer Commander-in-Chief of the Western Naval Command
59. Surajit Kar Purkayastha Director General of Police in West Bengal
60. Vice Admiral Sunil Lanba New Chief of Naval Staff
61. Lieutenant General N P S Hira Deputy Chief of Army Staff
62. Rakesh Kumar Mishra Director, Centre for Cellular and Molecular Biology (CCMB)
63. A V S Ramesh Chandra Ambassador of India to Romania
64. Somnath Ghosh Ambassador of India to the Republic of Tajikistan
65. Anil Wadhwa Ambassador of India to the Republic of San Marino
66. Rajiv Gauba 1. Secretary, Govt. of India in the Ministry of Urban Development
67. Debraj Pradhan Ambassador of India to Norway
68. D. Vasu Director, Tamil Nadu Cricket Association (TNCA) Academy
69. Mahendra Singh Dhoni Brand ambassador, Lava International
70. Virat Kohli Brand ambassador, Premier Futsal which is the newer and shorter five-a-side
variant of soccer (football).
10
71. MS Dhoni Sun Pharmaceutical Industries Limited
72. Kangana Ranaut Brand ambassador of Reebok India
73. AR Rahman 4th Goodwill Ambassador for Team India at the Rio Olympics.
74. Ajay Devgn and Kajol Brand ambassadors of Andhra Pradesh tourism
75. PP Pandey Director general of police (DGP) of Gujarat.
76. Justice Mukul Mudgal Deputy Chairman of FIFA Governance Committee
77. Somnath Ghosh Ambassador of India to the Republic of Tajikistan
78. Kumar Rajesh Chandra Chief of Bureau of Civil Aviation Security (BCAS)
79. Sudhir Yadav Director-General (DG) of Tihar
80. Sameer Chadha CEO of KPMG's offshore arm in India
81. Rohit Sharma Brand Ambassador of world famous watch brand Hublot
82. IAS officer Ajay Mittal Information and Broadcasting secretary
83. Surender Kumar Bhagat Director General (DG) of Railways Protection Force (RPF)
84. Rahul Johri CEO, Board of Control for Cricket in India (BCCI)
85. Geeta Johri Director General of Police (DGP),Gujarat
86. Meeran C Borwankar Director General (DG), Bureau of Police Research and Development
87. Sachin Tendulkar Endorse the I Support Skill India campaign.
88. Mehbooba Mufti First woman CM of J&K
89. Vice Admiral HCS Bisht Flag Officer Commanding-in-Chief of the Eastern Naval Command.
90. HL Dattu Member, International Coordinating Committee of National Human Rights
Institutions (ICC) Bureau in Geneva.
91. Sanjiv Kapoor Chief Strategy and Commercial Officer of Vistara Airlines
92. Vice Admiral Atul Kumar Jain Chief of Staff of the Visakhapatnam
NEW APPOINTMENTS (WORLD)

S. no Newly Appointed Designation(Post)/Department(Company)
President of different countries
1. Tsai Ing-wen New president of Taiwan
2. Rodrigo "Digong" Duterte Philippines President
3. Tran Dai Quang 9th President of Vietnam
4. Hashim Thaci President of Kosovo.
5. Idriss Deby President of Chad.
6. Faustin Archange Touadera President, Central African Republic
7. Ali Mohamed Shein President, Zanzibar
8. Htin Kyaw President, Myanmar
9. Riek Machar Vice-President Of South Sudan
10. Bounnhang Vorachit President, Laos
PM of different countries
11. Lobsang Sangay PM of Tibetan
12. Mouamba Clement PM Of Congo
13. Enda Kenny PM of Ireland
14. Lobsang Sangay PM, Tibet
15. Sigurdur Ingi Johannsson PM, Iceland
16. Nguyen Xuan Phuc PM, Vietnam
17. Baciro Dja PM, Guinea Bissau
18. Volodymyr Groysman PM, Ukraine
Mayors/Member of Parliament/Envoy
19. Philip Abraham Deputy Mayor of Loughton town in the United Kingdom
20. Murali Pillai Elected MP in Singapore from suburban Bukit Batok constituency.
21. Sadiq Khan First Muslim Mayor Of London
22. Indian American Geeta Pasi US next envoy to Chad
23. Merrick Garland Nominated to be the next US Supreme Court Justice.
24. H Deep Saini Vice Chancellor, Canberra University
Other Appointments
25. Nguyen Thi Kim Ngan 2. First female house speaker ,Vietnams National Assembly (NA)
26. Tara Singh 3. Caretaker pardhan, Pakistan Sikh Gurdwara Parbandhak Committee
27. Manish Sharma Global executive council, Panasonic
28. Justice Sushila Karki Chief Justice (CJ) of the Supreme Court of the country.
29. Tausif Monif President for Global Operations ,Lambda Therapeutic Research
30. Patricia Espinosa Cantellano Executive Secretary of the UN Framework Convention on Climate Change
11
31. Pio Swati Dandekar Executive Director to the ADB
32. Indian-American Sachin Dev Member of the Architectural and Transportation Barriers Compliance Board
Pavithran in US
33. An Indo-American engineer, Member of President's Advisory Council on Faith-Based and Neighborhood
Manjit Singh Partnerships
34. Indian academician Radha Kumar UN University Council to formulate its principles and policies
35. Jean Arnault Head, United National Political Mission (Columbia)
36. Ahmed Abul Gheit Secretary General, Arab League
37. Nandita Bakhshi President and Chief Executive Officer of Bank of the West
38. Surya Deva Adviser on human rights and multinationals and businesses, UNHRC
39. US Defence Secretary Ash Carter Nominated General Lori Robinson to lead the United States Northern
Command (USNORTHCOM) and NORAD.
40. Naina Lal Kidwai Independent non-executive director, NBFC Altico Capital
41. Fazle Kabir Governor, Bangladesh Bank, the central bank of Bangladesh.
42. Ashley Judd Goodwill Ambassador, UN Population Fund (UNFPA)
43. Michelle Yeoh Goodwill Ambassador, UN Development Programme (UNDP)
44. Mickey Arthur Pakistan's Head Coach
45. Rozle Prezelj Chairman, International Association of Athletics Federations (IAAF)
46. Red, the leader of the Angry Envoy to inspire climate action toward a sustainable and happier future for
Birds mobile game characters all.
47. Michel Platini resigned as Union of European Football Associations (UEFA)
AWARDS
S.no Awards Winner
Awards for Literature
1. Commonwealth Short Story Prize for 2016 Indian author and Social Science professor from India Prashar Kulkarni
2. Edgar Allan Poe award Neela Banerjee and her three colleagues from Inside Climate News John
Cushman Jr, David Hasemyer and Lisa Song
3. Mongolias highest civilian award "North Indian scholars-Lokesh Chandra and Mansura Haider
Star"
4. PEN/Barbey Freedom to Write Award Egyptian novelist and journalist Ahmed Naji
5. George Grierson prize for remarkable works Chinese professor Ge Fuping
done for the propagation of Hindi abroad
6. Saraswati Samman for 2015 Author and poet Padma Sachdev (autobiography titled Chitt-Chete,
written in Dogri language.
7. 2016 PEN/Allen Foundation Literary Service J.K. Rowling
Award
8. 2016 Windham-Campbell Prize Columnist and author Jerry Pinto
9. 2015 Bihari Puraskar Poet Dr Bhagwati Lal Vyas
10. Krutitava Smagra Samman Renowned Dogri poetess Padma Sachdev
11. CV Kunhiraman Literary Prize. Renowned Malayalam writer M Sukumaran
12. Krutitava Smagra Samman for 2015 Padma Sachdev
Countrys Highest Honour Given
13. Japan's Fukuoka prize 2016 Renowned Indian music composer A. R. Rahman
14. Highest French civilian honour -'French Renowned author of Harry Potter series, JK Rowling
Legion Of Honour'
15. Honored by US President at the White House Indian-American Revathi Balakrishnan, from Texas
for her excellent work in the field of
education.
16. Japans second highest national decoration N K Singh
i.e. The Order of the Rising Sun, Gold and
Silver Star award
17. Honoured with a special statue by the Late director Yash Chopra
Switzerland Govt..
18. Highest French civilian honour, Officier de l General (retd) Joginder Jaswant Singh
Ordre national de la Legion d Honneur
(Officer of the Legion of Honour)
19. UKs prestigious Founders Award 2016 Mother Teresa(posthumously)
20. King Abdulaziz Sash honour by Saudi Arabia PM Narendra Modi

12
21. Chevalier de la Legion dHonneur (Knight of Chairman and MD of Mahindra and Mahindra Group Anand G Mahindra
the Legion of Honour).
22. Chevalier de la Legion dHonneur (Knight of Tikka Shatrujit Singh
the Legion of Honour)
23. Mongolia has conferred its highest civilian Indian scholars-Lokesh Chandra and Mansura Haider
award "North Star"
24. Conferred with one of the highest awards of Amitav Banerji
Cyprus for his work in a number of senior
roles within the Commonwealth Secretariat
25. Order of Arts and Letters, one of Frances top Mahatma Gandhis Grand daughter Tara Gandhi Bhattacharjee
honours
26. Legion dHonneur, Frances highest honour Mohammed bin Nayef
27. Chevalier de la Legion dHonneur (Knight of Anand Mahindra
the Legion of Honour) by French Govt.
Film Awards
28. Dadasaheb Phalke Award For 'Aligarh' Manoj Bajpayee
29. Dadasaheb Phalke Film Foundation Award 2016 in best actress category Priyanka Chopra
30. 'Best Film Critic' award at the 63rd National Film Awards, 2015 Manipur's Meghachandra
31. Best actress in an international narrative feature honour at Tribeca Film Radhika Apte
Festival 2016 for her performance in anthology film Madly
32. Global Indian of the Year 2016 award Aishwarya Rai Bachchan
33. 47th Dadasaheb Phalke Award for the year 2015. Film Actor and Director Manoj Kumar
34. Maharashtrian Of The Year Bollywood star Ranveer Singh
Sports Awards
35. 'Ceat T20 Player of the Year' awards 2016 Virat Kohli
36. Test Player of the Year, Limited Overs Player of the Year and Fans' Player England cricketer Joe Root
of the Year at the England's annual awards.
37. First African footballer to win the Professional Footballers Associations Riyad Mahrez
(PFA) Player of the Year award for the 201516 season
38. Wisdens Leading Cricketer in the World for the year 2015 Kane Williamson
39. Dhyan Chand Lifetime Achievement Award Late Captain Shankar Laxman
40. Dhruv Batra Player of the Year Award for Men and Women at the Hockey P.R Sreejesh and Deepika
India Awards
41. 'Sportsman and sportswoman of the Year' Laureus World Sports Awards Tennis stars, Novak Djokovic and Serena
Williams
Awards to Scientists
42. Millennium Technology Prize for her work 'directed evolution' in US biochemical engineer, Frances Arnold
Finland
43. Springer Theses Award in recognition for his outstanding An Indian-American scientist Arnab De
research in which he developed transgenic mice to study a critical
tumour-suppressor called A20
44. European Materials Research Societys (E-MRSs) Young Scientist Nandini Bhandaru
Award
45. 'National Medal of Science' award from US President Mr. Rakesh Jain
46. International Plant Nutrition Scholar Award IIT scholar K Ashok Kumar
47. Grete Lundbeck European Brain Research Prize, largest prize for Three British scientists, Tim Bliss, Graham
neuroscience in the world. Collingridge and Richard Morris
48. Association for Computing Machinerys 2015 A.M. Turing Award. Whitfield Diffie and Martin Hellman
49. Innovation Award 2016 given by the Indian Desalination Prof. Sirshendu De
Association (IDA), South Zone.
Other Awards Conferred
50. National Geographic Bee competition 2016 A 12 year old, Indian American student Rishi Nair
51. Harvard Business School Alumni Achievement Award Mr. Sunil Bharti Mittal
52. 'Scholastic Asian Book Award' for her 32,000-word Aditi Krishnakumar
manuscript rooted in "love of Indian history"
53. Limca Book of Records for conducting the most intensive Telangana Govt.
household survey by a state
54. Har Parkash Rishi is an Indian man who holds the Guinness World Record for having the maximum number of flags
(366) tattooed on his body.
55. University of Houston's highest teaching award Indian-American Rupa Iyer

13
56. Global Green Hero award Veteran singer Stevie Wonder
57. 'International Astronautical Federation (IAF) Hall of Udupi Ramachandra
Fame' award for 2016
58. Best family destination in the Lonely Planet Magazine Kerala
India (LPMI) Travel Awards 2016
59. National Award for Smart Policing instituted by Federation of SMS-based Vehicle Monitoring System of Nagaland police
Indian Chamber of Commerce and Industry (FICCI)
60. Excellence Award on empowering MSMEs Corporation Bank
61. Amnesty International top human rights award Musician Angelique Kidjo
62. World Summit on the Information Society (WSIS) 2016 Harita-Priya Agriculture Project of Andhra Pradesh
prize in the e-Agriculture category
63. 2016 Nelson Mandela Award Tabassum Adnan
64. Gold Medal At Moscow SAND Sculpture Championship 2016 Indian sand artist Sudarsan Pattnaik
65. Best Banknote of the year New Zealand's $5 bill
66. Mandela Graa Machel Innovation Award 2016 Tabassum Adnan
67. Hridaynath Award Chess wizard Viswanathan Anand
68. UNESCO or Guillermo Cano World Press Freedom Prize 2016. Khadija Ismayilova of Azerbaijan
69. FBB Femina Miss India World 2016 Priyadarshini Chatterjee
70. Three international awards, including for best airport by Indira Gandhi International Airport (IGIA)
size in the Asia Pacific region
71. Lifetime Achievement Award of the 11th edition of the Veteran playwright and director Ratan Thiyam
Mahindra Excellence Theatre Awards (META)
72. Mahindra Samriddhi Krishi Shiromani Samman. Amrita Patel
73. Visitors Award for the Best University Tezpur University
74. Golden City Gate Award Kerala Tourism campaign
75. One million dollar Global Teacher Prize Hanan Al Hroub
76. Editor of the Year award at the 4th Indian Advertising Sanjay Gupta
Association (IAA) Awards
77. First Prize in UN #LinksSDGs Data Visualization Challenge. Abdulqadir Rashik
78. 2016 Abel Prize British mathematician Sir Andrew Wiles
79. Skoch Lifetime Achievement Award M Venkaiah Naidu
80. Advertising Club Madrass 1st Distinguished Service Award Srinivasan K Swamy
81. Mahindra Samriddi India Agri Lifetime Achievement Dr Amrita Patel
Aear-Krishi Shiromani Samman
82. Research Investor Communication Award NTPC
83. Krishi Karman Award Govt. of Himachal Pradesh
84. The 2016 Pulitzer Prizes were announced in the US. It is an award for achievements in newspaper and online
journalism, literature, and musical composition in the United States.
85. Haryana won an awarded as a state for demonstrating improvement with work in improving Child Sex Ratio (CSR) and
Sex Ratio at Birth (SRB) during 2015.
86. President Pranab Mukherjee conferred Padma Awards 2016
Padma Vibhushan
Dr Vasudeva Kalkunte Aatre Dr Girija Devi Rajanikanth Ramoji Rao Dr V Shanta
Padma Bhusan
Ravindra Chandra Bhargava Robert Dean Blackwill Indu Jain Udit Narayan Jha Heinam Kanhailal
Sania Mirza Yarlagadda Lakshmi Prasad Dayanada Saraswati (Posthumus) Ram Vanji Sutar
NS Ramanuja Tatacharya Swami Tejomayananda
Padma Shri
Priyanka Chopra Salman Khan SS Rajamouli (Director of Bahubali) Veena Tandon
CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)

Name of the Summit Location/Held in Other Points
SUMMITS HELD NATIONALLY
1. Conference of the Northeast Region Tripura Inaugurated by the Lok Sabha Speaker
Commonwealth Parliamentary Association Sumitra Mahajan
2. First National-Level Khadi Exhibition Srinagar
3. 4th Ministerial meeting of South Asia New Delhi 8 nations Afghanistan, Bangladesh,
Initiative to End Violence Against Children Bhutan, India, Maldives, Nepal,
(SAIEVAC) Pakistan and Sri Lanka are composing
the meet.

14
4. National conference on ' Gaushalas ' New Delhi
5. International Vichar Mahakumbh Ujjain in Madhya
Pradesh
6. Heart of Asia Conference New Delhi
7. Maritime India Summit 2016 Mumbai
8. North East-ASEAN Business Summit Imphal
9. The National Summit on Family Planning New Delhi
10. National Conference of Women Legislators New Delhi
11. 7th meeting of the Governing Board of the New Delhi
Indo-German Science and Technology Centre
12. 8th BRICS Summit Goa
13. Eighth International Seminar on Wheat and Panaji, Goa
Wheat Products
14. 'Global Exhibition on Services' UP's Greater Noida
15. 3rd Asia Ministerial Conference on the Tiger New Delhi
Conservation
16. Regional Conference of North Eastern States Shillong, Meghalaya.
on Child Adoption
17. Simhastha Kumbh Mela 2016 Ujjain
18. 1st Raisina Dialogue New Delhi
19. World Sufi Forum New Delhi
SUMMITS HELD INTERNATIONALLY

20. The first-ever World Humanitarian Summit Istanbul Hosted by Turkeys President Recep
(Inaugurated by Ban Ki-moon) Tayyip Erdogan
21. 155th birth anniversary of Rabindranath Cairo, Egypt
Tagore has been organised by India
22. First World Conference on Tourism for Beijing, China
Development
23. 26th World Economic Forum on Africa Kigali, Rwanda Connecting Africa's Resources through
Digital Transformation
24. 49th Annual Meeting of the ADB Frankfurt (Germany)
25. 2016 Nuclear Security Summit Washington, D.C., USA
26. 19th Round of Talks between India and China Beijing
on Boundary Issue
27. The 13th Islamic Summit Conference Istanbul
28. Special meeting of the Org. for Economic Co- Paris
operation and Development (OECD) in the
wake of the 'Panama Papers' leak
29. 14th meeting of Foreign Ministers of Russia, Moscow
India and China
30. G7 Foreign Ministers Meeting Hiroshima
31. 13th meeting of Broadband Commission for Dubai, United Arab
Sustainable Development Emirates (UAE)
32. 9th International Abilympics France
33. 13th India-European Union Summit Brussels, Belgium India was represented by the PM
34. 60th Session of Commission on the Status of New York
Women
35. 9th Session of Commission on Narcotic Drugs Austrias capital
Vienna
36. International Conference on Zero Paris, France
37. 4th World Congress of Biosphere Reserves Lima in Peru
38. Finance Minister Arun Jaitley has launched Make in India conference in Sydney.
COMMITTEES IN NEWS
S.No Committee Headed by
1. New committee to swipe towards cashless society Neeraj Kumar Gupta.
2. Committee formed to comprehensively review and give recommendations on the NK Singh
Fiscal Responsibility and Budget Management (FRBM) roadmap for the future.
3. Estimates Committee of Parliament, in its report on Ganga Rejuvenation Murli Manohar Joshi

15
4. Parliamentary Standing Committees report on the Consumer Protection Bill Divakar Reddy
2015
5. To reform Medical Council of India RM Lodha
6. Govt. Constitutes Committee to Prepare Policy Framework for Taxi Operators Sanjay Mitra
7. Committee On Yoga Education in Universities H R Nagendra
8. Committee constituted to look holistically into the functioning of the censor Shyam Benegal
board
9. Committee constituted to inquire into the omission and commission on part of all Parkash Singh
officers and officials of police and civil administration during Jat Quota agitation
10. Committee to probe conspiracy behind violent incidents during Jat agitation. Justice S N Jha
11. Committee to monitor Govt. advertisements in accordance with SC directions B B Tandon
12. Committee to revamp Central Board of Film Certification (CBFC) Shyam Benegal
13. Parliamentary Panel suggested fine, jail for celebrities of misleading ads Divakar Reddy
14. Union Govt. Constituted the inter-ministerial panel to prepare a blueprint for Ashok Dalwai
doubling farmers income by 2022
15. Committee constituted to consider ST status to six communities of Assam. Mahesh Kumar Singla
16. Committee on Taxation of E-Commerce Akhilesh Ranjan
17. Committee constituted to review excise duty imposed on different jewellery Ashok Lahiri
articles
18. Indian Railway Innovation Committee Ratan Tata
19. Committee to suggest ways to strengthen security along Indo-Pak border Madhukar Gupta
NATIONAL NEWS
1. India, Thailand and Myanmar will soon be connected by a 13. Indian Railways has conducted the first ever trial run for
1,400-kilometre highway, to boost the trade and cultural high-speed Talgo trains of Spain on the Bareilly-to-
exchanges among the three countries. Moradabad stretch in Uttar Pradesh.
2. The Union Minister Nitin Gadkari stated that the Govt. plans 14. President Pranab Mukherjee has inaugurated an Intelligent
to make it mandatory to set aside 1 % of total cost of any Operations Centre (IOC) in Rashtrapati Bhavan. The IOC
highway project for road safety. is a software solution designed by IBM.
3. India distributed scholarships to over 800 Bangladeshi 10. The Govt. plans to revamp around 400 railway stations
students under the 'Mukti jodha Scholarship Scheme'. across the country into iconic structures. Habibganj station
4. The Cabinet approved a $1.5 billion (about Rs 9,000 cr.) in Bhopal will be taken up first.
offer of World Bank support for the Swachh Bharat 11. Union Urban Development Minister Venkaiah Naidu and
Mission (SBM) in rural areas. Delhi CM Arvind Kejriwal flagged off the trial run of the
5. To promote the Swachh Bharat Mission, Union Urban first driverless metro trains in New Delhi.
development Minister Venkaiah Naidu inaugurated 12. The Indian Railways is all set to conduct trial of its first solar
'Namma Toilet' in the national capital Delhi. panel-powered train in Rajasthan's Jodhpur city.
6. Indias first special purpose vehicle (SPV) on smart city - 13. The Centre has approved the Odisha Govt.'s proposal to set
Bhubaneswar Smart City Limited - commenced operations. up Kalinganagar National Investment and
7. India has banned its nationals from travelling to Libya, Manufacturing Zone in Jajpur district.
irrespective of the purpose of the visit, in view of the 14. Union Health and Family Welfare Minister J P Nadda laid the
prevailing security situation in that country. foundation stone for three new medical colleges at
8. The Cabinet has approved the first ever policy for the Rajouri, Anantnag and Baramulla districts in J&K.
country's capital goods sector envisaging creation of over 15. The Govt. has approved widening of the crucial UP Gate to
21 million new jobs by 2025. Dasna stretch of the Delhi-Meerut Expressway, to be built
9. The Cabinet has waived off loans worth more than Rs at an estimated cost of Rs 1,983 cr.
9,079 cr. owed by Hindustan Fertilizer Corporation Ltd 16. Madan Mohan Malaviya founded Banaras Hindu University
(HFCL) as part of a financial restructuring package for the Completes Its 100 years Of Glorious Existence.
PSU. 17. The National Democratic Alliance (NDA) Govt. led by PM
10. The Cabinet has given its approval to amend The Narendra Modi decided to replace the five year plans with
Institutes of Technology (IIT) Act, 1961 for incorporation 15 year vision documents.
of 6 new IITs. 18. Union Railway Minister Suresh Prabhu has inaugurated
11. PM Narendra Modi has flagged off, the first ever direct Comrade Umraomal Purohit Memorial Research Centre
train between Assam to J&K. situated in All India Railwaymens Federation (AIRF)
12. External Affair Minister Sushma Swaraj has launched the Office, New Delhi.
official website of PM Narendra Modi's Office in six 19. The Income Tax department's ambitious plan to link its
regional languages including Gujarati, Marathi, Malyalam, PAN number database with Aadhaar has crossed the 50-
Tamil, Telgu and Bengali. lakh mark.
20. The single emergency number '112' will be operational
throughout India from January 1, 2017 to help people

16
reach immediate services of police, ambulance and fire startups, exporters and importers, and other
department. stakeholders.
21. Centre has released 9,367 cr. to drought-hit States under 35. NITI Aayog chaired by Vice Chairman Dr Arvind
Mahatma Gandhi National Rural Employment Guarantee Panagariya launched the Urban Management Programme
Act (MGNREGA) in 2016-17. in Vigyan Bhawan, New Delhi.
22. PM Narendra Modi has launched the country's first solar 36. India extended a Line of Credit (LoC) of 1 billion US
powered e-boats at the Assi Ghat in the river Ganga, dollars to Mongolia.
Varanasi. 37. India and Bangladesh signed a 2 billion US dollar Line of
23. The Cabinet chaired by the PM Narendra Modi has given its Credit (LOC) to implement socio-economic development
ex-post facto approval for the MoU between Insurance projects in Bangladesh and strengthen bilateral
Regulatory and Development Authority of India relations.
(IRDAI)and the Insurance Authority of United Arab 38. The NITI Aayog launched the Women Transforming India
Emirates. initiative in partnership with the UN in India and MyGov.
24. The Development of North Eastern Region (DoNER) 39. RITES (Public Sector Enterprise under Ministry of
Ministry will invest Rs 33,000 cr. for development of the Railways) signed a contract to supply 18 Meter Gauge
north-eastern states during the current fiscal. 1350 HP Diesel Electric Locomotives to Myanmar
25. Union Minister of State (Independent Charge) for Railways.
Development of North Eastern Region, Dr. Jitendra Singh 40. India and the US launched the Fulbright - Kalam Climate
launched in Shillong the first of its kind, weeklong Cancer Fellowship. The fellowship programme will enable Indian
Care campaign in Northeast under the supervision of North research scholars to work with American institutions in the
Eastern Council (NEC) - Pink Chain Cancer Conclave 2016. field of climate change.
26. The Union Railway Ministry has decided to create a 1 lakh 41. India and the International Monetary Fund (IMF) signed
cr. Rs. safety fund named as Rashtriya Rail Sanraksha an agreement to set up a South Asia Regional Training and
Kosh (RRSK) to strengthen safety measures on the rail Technical Assistance Center (SARTTAC).
network to prevent accidents. 42. The Indian Space Research Organisation (ISRO)
27. The Minister of State for Labour and Employment established the Gadanki Ionospheric Radar
Bandaru Dattatreya informed that the minimum wage for Interferometer (GIRI) near Tirupati in Andhra Pradesh.
contract workers has been increased to Rs 10,000 per 43. The Cabinet gave its ex-post facto approval for a MoU
month at the national level. between India and the United Arab Emirates (UAE) to
28. The Nuclear Power Corporation of India Limited (NPCIL) mobilise long term investment into the National
has cleared the insurance policy for all 21 nuclear Investment and Infrastructure Fund (NIIF).
reactors in India. 44. The first direct container MV Harbour-1 Vessel between
29. The Union Govt. approved countrys first Metrino Pod India and Bangladesh carrying cotton was flagged off from
project for Gurgaon. The project called the Metrino is a PRT Krishnapatnam of Andhra Pradesh to Chittagong.
system in which pods will be suspended from an overhead 45. The U.S. Agency for International Development and the
rail. ADB signed a MoU to facilitate 848 million US dollars in
30. Cabinet chaired by PM Narendra Modi approved India to funding to develop solar parks across India.
become a formal member in the Asia Wildlife 46. P Susheela entered Guinness World Records for
Enforcement Network, SAWEN is a Regional network recording highest number of songs in several languages.
comprising of eight countries in South Asia. 47. India became second biggest investor in London.
31. PM Narendra Modi launched the pilot of e-NAM, the e- 48. India is planning to develop regional connectivity
trading platform for the National Agriculture Market, for projects worth $5 billion in South Asia. The projects
the farmers. The initiative will usher in transparency which include road corridors connecting India with Bangladesh,
will greatly benefit the farmers. Nepal and Bhutan through West Bengal and India-Myanmar
32. Union Minister for Culture and Tourism and Civil Aviation through Manipur.
Mahesh Sharma released a Commemorative Coin of 200 Rs. 49. India ranks 5th position in the exports of Fake goods
and a Circulation Coin of 10 Rs. to mark the Martyrdom globally while china is No.1 in the list.
Day of Tatya Tope. 50. India signed loan agreement of 35 Million dollars with
33. Prakash Javadekar signed the CoP 21 agreement on the World Bank for Madhya Pradesh Citizen Access to
behalf of India at the high level signature ceremony Responsive Services Project.
convened by the Secretary General of the UN, Ban Ki Moon. 51. India and United States have launched the Fulbright
34. The Commerce and Industry Ministry launched a service Kalam Climate Fellowship enabling Indian research
named Twitter Seva to address issues and grievances of scholars to work with American institutions in the field of
climate change.
INTERNATIONAL NEWS
1. The World Bank Group has launched Pandemic 2. Britain has granted political refugee status to ousted
Emergency Financing Facility and launched a $500 former President of Maldives Mohamed Nasheed.
million fund to fight Pandemics in poor countries and 3. US President Barack Obama has announced an end to its
creating the world's first insurance market for pandemic risk. embargo on sales of lethal weapons to Vietnam.

17
4. China has signed agreements with Sudan to build 600- 18. The Taliban said that it has launched its annual spring
megawatt atomic reactor. It was the first of its kind in the military offensive in Afghanistan, titled Omari
African country. Operation. It said that the operation has been named after
5. China has launched its first cyber security public its deceased leader Mullah Omar.
organization aimed at better safeguarding national cyber 19. Anti-slavery activist Harriet Tubman to become first
security. African-American to appear on US paper currency. His
6. According to a scientist at the Chinese Academy of Sciences, photo will appear on a new series of US $20 bills.
China will launch the world's first quantum 20. Japan successfully tested the first stealth fighter jet. With
communication satellite. this, the country joins a select group of world military powers
7. Germany will partner India in turning Bhubaneswar, wielding the radar dodging technology.
Coimbatore and Kochi into smart cities, according to 21. China developed a new electronic paper, which has been
German ambassador to India Martin Ney. heralded as the worlds first graphene electronic paper.
8. A two day International Buddhist conference held in 22. The Cabinet of Saudi Arabia kingdom approved the
Nepal to celebrate 2,560th birth anniversary of Lord Vision 2030, a broad-based economic reform plan. The
Buddha. Theme of the conference "Lumbini, Nepal: the birth Vision charts out the roadmap for diversifying the Saudi
place of Lord Buddha and the fountain of Buddhism and economy in next 14 years and to ensure that Saudi
world peace". Arabia can live without oil by 2020.
9. The son of Pakistans Ex-PM Yousuf Raza Gilani, Ali 23. Bangladesh Cabinet approved a draft of the Bangladesh
Haider Gilani rescued from the clutches of Taliban in a Supreme Court Judge (Investigation Act) 2016. It will
joint operation by the US and Afghan forces in empower the Parliament to impeach a judge in the Supreme
Afghanistan, three years after he was abducted from his Court, if allegation of misconduct or incapacity is proved.
hometown in Pakistans Punjab province. 24. Europe and Russia launched an unmanned spacecraft,
10. Pakistan and China have launched the production of a new named ExoMars 2016, to smell Mars atmosphere for
variant of the JF-17B Thunder multi-role combat jet to be gassy evidence that life once existed on the Red Planet,
inducted into PAF to enhance its operational capabilities. ormay still be.
11. China plans to build more than 500 airports by 2020 to 25. The International Criminal Tribunal for the former
create a market worth over 153 billion US dollars for its Yugoslavia (ICTY) sentenced former Bosnian Serb leader
general aviation industry. Radovan Karadzic to 40-year imprisonment for his
12. Central Asian state leaders have inaugurated the Central Asia involvement in the 1995 Srebrenica genocide.
South Asia (CASA-1000) transmission line near Dushanbe in 26. Pakistan and Iran signed 6 MoU (MoUs) to strengthen
Tajikistan to link the four nations and to promote regional bilateral cooperation in health, commerce, finance and
stability, security and prosperity. These countries are foreign services.
Tajikistan, Kyrgyzstan, Afghanistan and Pakistan. 27. The World Bank agreed to provide concessional 100
13. The Kenyan Govt. has decided to close the World's biggest million US dollar loan to Jordan for creating one lakh jobs
refugee camp in Dadaab. Presently, around 3,28,000 for Jordanians and Syrian refugees.
refugees mostly from Somalia are staying in Dadaab camp. 28. French Defence Minister Jean-Yves Le Drian announced
14. Malaysia, Indonesia and the Philippines has agreed to that France will end its Operation Sangaris in the Central
conduct coordinated sea patrols and establish a hotline to African Republic in 2016.
combat piracy and kidnappings in waters bordering the three 29. Supreme Court of China announced to create its own
nations. international maritime judicial centre.
15. India and France have launched a programme with $1 30. Pope Francis announced that Mother Teresa will be made
trillion Potential Solar Programme under the a saint of the Roman Catholic Church at a ceremony on 4
International Solar Alliance (ISA). It is a solar finance September 2016. The pope cleared the way for sainthood to
programme that aims at helping developing countries to fully Mother Teresa, who was famed for her lifetime of service to
harness their solar resources for a clean energy future. the poor, establishing shelters for homeless, orphanages,
16. Saudi Arabia and Egypt agreed to build a bridge over the soup kitchens and clinics around the world.
Red Sea. The announced bridge will connect the two 31. Bangkok to impose curfew during Songkran festival, the
countries. The planned bridge would help in boosting worlds biggest water festival.
commerce between the two allied countries. 32. Nepal signed 10 agreements with China in Beijing. These
17. Royal Mail of British honoured playwright William include a landmark transit treaty to end its total dependence
Shakespeare by issuing a set of special postage stamps to on India and extension of the strategic Tibet rail link to Nepal.
mark the 400th anniversary of his death.
STATE IN NEWS
Rajasthan in News Rajasthan to Be 1st State to Issue Ads to Appoint VC.

Rajasthan's Bundi is stepping into the virtual world with an State Assembly passed the Rajasthan Urban LAND
'e-municipal council' to provide files at a click, and (Certification of Titles) Bill, 2016. With this, Rajasthan also
detailed digital mapping of the city. became the first state to bring and pass a land title bill.
Nitin Gadkari has launched 20 Nirbhaya buses of The World Bank Board approved a 250 million US dollar
Rajasthan State Transport Corporation with multiple Development Policy Loan (DPL) for Rajasthan. The loan was
safety measures to better protect women passengers.
18
granted to support the Govt. of Rajasthan in improving the Andhra Govt. which is known for its innovations and use of
performance of its electricity distribution. technologies in various sectors has also become the first
Indian state to implement lift irrigation.
Madhya Pradesh in News
Madhya Pradesh Tourism received the "Best Indian Karnataka in News
Destination for Wildlife" award by the Lonely Planet Group. The Karnataka State Govt. has decided to go ahead with the
Govt. of Madhya Pradesh, Indian Council of Medical Research establishment of Asias first Rice Technology Park at
(ICMR) and Sun Pharma entered into an agreement for Gangavati in Koppal district and a Maize Technology
research and innovation in preventive health. Park at Ranebennur in Haveri district.
CM Shivraj Singh Chouhan announced inclusion of widow In Bengaluru, South Indias first underground metro
marriage under the Mukhyamantri Kanya Vivah Yojana. services flagged off at East-West corridor (Purple Line) of
Madhya Pradesh is going to have its first Indo Tibetan BMRCL (Bangalore Metro Rail Corporation Limited).
Border Police weapon training centre at Batiagarh,
Damoh. Haryana in News
A financing agreement for International Development
Association (IDA) credit of US$ 300 (equivalent) for the The Legislative Assembly of Haryana passed the Haryana
Madhya Pradesh Higher Education Quality Improvement Municipal (Amendment) Bill, 2016.According to the bill any
Project was signed with the World Bank. male person desiring to contest for Urban Local Bodies
The GOI signed a loan agreement with the World Bank for (ULBs) in Haryana must possess matriculation as the
Neeranchal National Watershed Project in MP. minimum education qualification. A woman and a Scheduled
Caste (SC) candidate will be required to be atleast 8th
Maharashtra and Goa in News standard pass.
Maharashtra Govt. has declared drought in over 29000 Radha Mohan Singh laid the foundation stone of Haryana
villages of the state, most of them in parched Marathwada State University of Horticultural Sciences at Karnal.
and Vidarbha regions. Haryana Govt. decided to rename Gurgaon as Gurugram
Mumbai Financial capital of India is likely to get the and Mewat as Nuh.
International Arbitration Centre. Haryana renamed Mustafabad village as Saraswati Nagar.
Maharashtra tied up with the Tata Trusts to link all Govt. Haryana has become the first state in India to launch
colleges and medical colleges to the national cancer grid injectable contraceptives as a family planning measure
for uniform cancer profiling and quality treatment. across all Govt. healthcare facilities.
Maharashtra Governor C Vidyasagar Rao launched Adi Praman,
a web-based application. With this, Maharashtra became the first Gujarat in News
state to provide caste validity certificates online. CM of Gujrat, Anandiben Patel has launched two state-
The Maharashtra Govt. decided to increase the punishment wide campaigns against malnutrition at Ahwa town in
for chain snatching up to 5 years of rigorous imprisonment Dangs district.
along with a fine of 25000 Rs. Gujarat Govt. decided to set up countrys first university
Mumbai financial capital of India to host BRICS focusing on organic farming.
Friendship Cities Conclave. Gujarat Govt. has granted minority status to the Jain
Goa Govt. classified the country liquor, Feni as Heritage Spirit community after issuing a resolution for same.
of Goa. Gujarat Govt. announced 10% reservation for economically
backward classes (EBCs) in general category. EBCs in the
Andhra Pradesh and Telangana in News upper castes, include Patidars, with a family income cap of 6
AP will have another Central Institute of Plastic lakh Rs. a year can avail the benefit.
Engineering and Technology to train 5,000 plastic Gujarat Govt. decided to set up countrys first university
engineers and technicians every year and will be set up in focusing on organic farming.
Anantapur district.
Telangana Govt. issued orders for setting up a 'Monkey Punjab and J&K in News
Rescue and Rehabilitation Centre' in Nirmal area of Adilabad J&K govt. has approved 5% interest subsidy to flood-hit
district. This rehabilitation centre will be established as a traders with effect from 1st April this year. The subsidy will
pilot project at Chincholi, Hyderabad. have a cap of 5 lakh Rs. per affected business unit for a period
Andhra Pradesh CM formally inaugurated the states interim of four years.
Govt. complex named AP Govt. Transitional Headquarters Union Minister for Micro, Small and Medium Enterprises
at Velagapudi village in capital region Amaravati. (MSME) Kalraj Mishra inaugurated the Harmukh Khadi
Telangana Govt. decided to illuminate 25 municipalities in Gram Udyog Sansthan, a spinning and weaving centre and
the state with Light Emitting Diode (LED) bulbs in 100 days. marketing plaza for khadi goods at a function in Srinagar.
Telangana IT minister KT Rama Rao and transport minister P Cabinet Committee on Economic Affairs (CCEA) given its
Mahender Reddy launched the State Road Transport approval for extension of time period of the Udaan
Authoritys new mobile app, M-Wallet. Scheme for J&K till 2019-20. It provides exposure to the
The Govt. of Telangana signed a MoU with Aero Campus youth of JandK to the best of corporate India and corporate
Aquitaine and Bordeaux Metropole to set up aviation India to the rich talent pool available in the State.
training institute in Hyderabad.

19
Union Govt. and J&K Govt. signed a MoU under the Scheme Bhagalpur, Raipur, New Town Kolkata, Chandigarh,
Ujwal DISCOM Assurance Yojana (UDAY) for operational and Faridabad, Raipur, Ranchi, Warangal, Agartala, Imphal, etc.
financial turnaround of the States Power Distribution Dept. Lakshadweep becomes the first UT to sign 24x7 Power for
Govt. of Punjab has proposed to develop 200 smart All document.
villages during the current financial year 2016-17 which Public sector company NBCC (India) is set to kickstart
will be provided with ultra-modern facilitie. projects aimed at cleaning the Ganga in Bihar, which has also
got the financial approval for few project from the centre.
Odisha in News Nagaland capital Kohima has been declared as a smoke-free
The Centre has approved establishment of a National city.
Investment and Manufacturing Zone (NIMZ) in Odisha. Manipur CM Okram Ibobi Singh declared that the National
Odisha Governor Dr SC Jamir has promulgated Odisha Food Security Act has been implemented the state. The state
Official Language (Amendment) Ordinance, 2016. This Govt. has also stated that as per the Act one kg of rice would
will facilitate use of Odia language in official business of Govt. be made available at Rs 3 per kg to the beneficiaries.
The CM of Odisha Naveen Patnaik dedicated to the people Sajibu Cheiraoba, a traditional festival that marks New Year
100 piped water supply projects for rural areas and promise of the Meiteis (majority ethnic group) of Manipur, was
to make piped water provision in all GP by 2017. celebrated on 8 April.
The Odisha Govt. has signed a MoU with Sulabh International The Uttar Pradesh Govt. has cleared the proposal for
Social Service Organisation (SISSO) for construction and constructing a bicycle highway connecting Taj Mahal in
maintenance of hybrid toilet complexes in its nine cities. Agra to Lion safari in Etawah. The plan aims at encouraging
Tata Trusts has signed a pact with the Odisha Govt. to eco-tourism in the vicinity of the Taj Mahal.
achieve elimination of Malaria from the state by 2030. Uttar Pradesh Govt., appointed Manzil Saini as the new Senior
Superintendent of Police (SSP) of state capital Lucknow.
Delhi in News Dharmendra Pradhan, the Union Minister for Petroleum
Delhi CM Arvind Kejriwal launched the Phase I of Green Delhi and Natural Gases laid the foundation stone of Country's
initiative by planting trees at the Triangular Park, ITO Chowk. 1st its of kind Octomax unit at Mathura refinery.
Delhi Govt. launched PoochhO Carpool app to help people PM Narendra Modi has launched the country's first solar
explore carpooling options during 15 day Odd-even Scheme. powered e-boats at the Assi Ghat in the river Ganga,
Delhi became the first state in the country to launch the Varanasi.
Human Papillomavirus (HPV) vaccine as a public health Jharkhand Govt. announced to reserve 2% employment
programme for school children. for meritorious sportspersons.
Delhi bans chewable tobacco for a year. Kerala declared first digital state of India by President Pranab
Mukherjee.
Govt. of Kerala has taken first of its kind initiative by
Other States News launching the Air Ambulance in Kerala launched by the
13 cities have been selected in the first phase of the Govt.s CM Oommen handy.
smart cities mission, which includes Lucknow, Warangal,
OBITUARIES (NATIONAL/INTERNATIONAL)
S.No Person Died Profession/Famous In?
Politician (National-International)
1. MP K Anirudhan CPI(M) veteran and former MLA
2. SM Seenivel MLA of the All India Anna Dravida Munnetra Kazhagam (AIADMK)
3. KC Mathew Veteran communist leader
4. BJP leader Rudra Madhab Ray Former Lok Sabha MP from Odisha
5. Balraj Madhok Former Jana Sangh Chief
6. Praveen Rashtrapal Rajya Sabha MP from Gujarat
7. Romesh Sharma Former JandK Minister
8. Banharn Silpa-archa Thailand former PM
9. C Silvera Former Member of Parliament
10. Purno Agitok Sangma Former Lok Sabha Speaker
11. Ashok Ghosh Veteran All-India Forward Bloc leader
12. Anker Joergensen Former PM of Denmark
Singer/Musician(National-International)
13. Diwaliben Bhil Veteran Gujarati folk singer
14. Merle Haggard American country music legend
15. George Henry Martin Legendary music producer
16. Keith Emerson British Keyboardist and Progressive rock legend
17. Ernestine anderson Internationally renowned Jazz vocalist
18. Frank Sinatra Junior American singer
19. Ustad Ali Ahmad Hussain Khan Shehnai exponent

20
20. Prince Rogers Nelson Music legend
Actor/Director/Producer(National-International)
21. Mr. Burt Kwouk Actor, Pink Panther films
22. Suresh Chatwal Veteran film and television actor
23. William Schallert US actor
24. Ronnie Corbett British comedian
25. Guy Hamilton Hollywood movie director
26. Victoria Wood Comedian
27. Doris Roberts Five time Emmy winning actress
28. Arnold Wesker British playwright
29. Patty Duke Oscar winning actress
30. George Kennedy Oscar winning actor
31. Tony Warren Creator of televisions longest-running soap opera Coronation Street
32. Paramesh Krishnan Nair Indian film archivist and film scholar
33. Kalabhavan Mani Renowned Malayalam actor
34. Nana Vasconcelos Eight time Grammy Award-winning Brazilian percussionist
35. Garry Shandling Hollywood Comedian
36. Meir Dagan Former Mossad Director
37. Larry Drake Emmy Award winning actor
Author/Journalist/Activist(National-International)
38. R G Jadhav Noted Marathi critic and litterateur
39. D. Javare Gowda Kannada writer
40. Morley Safer Journalist
41. Khurram Zaki Pak human rights activist
42. Harry Wu Chinese human rights activist
43. Babu Bharadwaj Renowned journalist
44. Pat Conroy US novelist
45. Jim Harrison Renowned American author
46. Anita Brookner British author and renowned art historian
Sportsmen/Sportswomen(National-International)
47. Johan Cruyff Dutch soccer legend
48. Martin Crowe Former NZ cricket captain
49. Cesare Maldini Former AC Milan player
50. Bernardo Ribeiro Brazilian footballer
51. Tony Cozier West Indies cricket writer, commentator and journalist
52. Deepak Shodhan Former Test cricketer
Others(National-International)
53. andre Brahic The discoverer of Neptune's rings
54. Guru Hardev Singh Head of Sant Nirankari Mission
55. 'Nihal Bitla' India progeria campaigner
56. V T Thomas Kerala cartoonist
57. William Bill Campbell Silicon Valley coach and mentor
58. Satyanand Munjal Cofounder of Hero Cycles group
59. Malick Sidibe Malian photographer
60. Zaha Hadid Renowned Iraqi-British Architect
61. Ray Tomlinson Inventor of E-mail
62. Lloyd Stowell Shapley Nobel Prize winner in Economics
63. Paul Daniels Famous magician
64. Andrew Grove Former Intel Chairman and CEO
65. Bangladesh Govt. hanged the fundamentalist Jamaat-e-Islami chief Motiur Rahman Nizami for war crimes
committed during the country's 1971 Liberation War.
LIST/INDEXES ANNOUNCED RECENTLY

S.no Name of the Index/List Rank of India Topped By?
1. Crony-Capitalism Index India Ranks Ninth
2. Forbes, Asias 50 Power Reliance Industries Director Nita Ambani and State Bank of India Chairman
Businesswomen 2016 list. Forbes, Arundhati Bhattacharya have been ranked top two in the list

21
Asias 50 Power Businesswomen
2016 list.
3. Dell, Future Ready Economies Delhi was ranked 44th San Jose topped the list
Model
4. The World Anti-Doping Agency India ranked third worldwide in the report The two countries above
(WADA), Anti-Doping Rule India are Russia and
Violations (ADRVs) Report Italy.
5. Time Magazine, list of 100 Most RBI Governor Raghuram Rajan, tennis player Sania Mirza, actress Priyanka
Influential People in the World. Chopra, Google CEO Sundar Pichai and founders of Flipkart, Binny Bansal and
Sachin Bansal have been in the list.
6. 2016 World Press Freedom Index India ranked 133rd Finland topped the list.
7. Global Energy Architecture 90th Switzerland
Performance Index Report 2016
(EAPI)
8. Forbes list of World Billionaires Among Indians, Mukesh Ambani tooed the list. Bill Gates remained as the
2016 richest person in the world
9. Fortune Magazine, Worlds Delhi CM Arvind Kejriwal at the 42nd position. Topped by Amazon
Greatest Leaders list founder Jeff Bezos
10. TIME magazine, 30 Most PM Narendra Modi stood at 15th Topped by the artist and
Influential People on the Internet entrepreneur Kanye West
list.
11. World Happiness Report (WHR) 118th out of 156 countries Denmark (Topped)
2016 Burundi (Last)
12. The Hinduja Brothers, G P Hinduja and S P Hinduja topped the Asian Rich List 2016.
13. According to a UN Industrial Development Organisation (UNIDO) report, India ranked sixth among the world's top
10 manufacturing countries.
14. In the Global Connectivity Index report, during the Global Analyst Summit 2016 in Shenzhen, China. In terms of
numbers, United States, Singapore and Sweden top the rankings, while India is ranked 44.
15. Forbes in its inaugural edition of Global Game Changers List ranked some of the biggest names in business. Topped
by Mark Benioff of Salesforce.com and Mark Zuckerberg of Facebook (ranked 30).
IMPORTANT DAYS OBSERVED RECENTLY

S.No Date Day Theme
1. 17 May World Hypertension Day Know Your Numbers
2. 17 May World Telecommunication and ICT entrepreneurship for social impact
Information Society Day
3. 15 May International Day of Families Families, healthy lives and sustainable future
4. 10 May World Migratory Bird Day Stop the Illegal Killing, Taking and Trade of Migratory Birds
5. 1 May International Labour Day Celebrating the international labour movement
6. 11th May National Technology Day
7. 3rd May World Press Freedom Day Access to Information and Fundamental Freedoms - This Is
Your Right!
8. 2 April World Autism Awareness Day Autism and the 2030 Agenda: Inclusion and Neurodiversity
9. 30 April International Jazz Day
10. 29 April The Day of Remembrance for all Victims of
Chemical Warfare
11. 28 April World Day for Safety and Health at Work Workplace Stress: a collective challenge
12. 26 April World Intellectual Property Day 2016 Digital Creativity - Culture Re imagined.
13. 24 April to 30 April Campaign is Close the Immunization Gap
World Immunization Week 2016
14. 25 April World Malaria Day (WMD) End Malaria For Good
15. 22 April International Mother Earth Day Trees for the Earth
16. 23 April The World Book and Copyright Day -
17. 18 April World Heritage Day The Heritage of Sport.
18. 17 April World Haemophilia Day Treatment for all is the vision of all
19. 12 April International Day of Human Space Flight
20. 10 April World Homoeopathy Day
21. 4 April International Day of Mine Awareness and Mine Action is Humanitarian Action
Assistance
22. 5th April National Maritime Day.
22
23. 7 April World Health Day (WHD) Halt the Rise: Beat Diabetes
24. 8 April International Roma Day
25. 2nd of April World Autism Awareness Day "Autism and the 2030 Agenda: Inclusion and
Neurodiversity".
26. 1st March Zero Discrimination Day Stand Out
27. 3rd March World Wildlife Day The future of wildlife is in our hands
28. 4 March National Safety Day
29. 8 March International Womens Day Planet 50-50 by 2030: Step It Up for Gender Equality
30. 24 March World Tuberculosis Day (WTD) Unite to End TB.
31. 25 March International Day of Remembrance of the Remember Slavery: Celebrating the Heritage and Culture of
Victims of Slavery and the Transatlantic the African Diaspora and its Roots.
Slave Trade
32. 24 March International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity
of Victims
33. 27 March World Theatre Day
34. 10 March World Kidney Day (WKD) Kidney Disease and Children. Act Early to Prevent It!
35. 15 March World Consumer Rights Day
36. 20 March International Day of Happiness
37. 20 March World Sparrow Day
38. 19 March 2016 from 8:30 pm to 9:30 pm: Earth Hour
39. 21 March International Day of Forests
40. 22 March World Water Day
41. 21 March World Poetry Day
42. 23 March World Meteorological Day (WMD) 2016 Hotter, Drier, Wetter. Face the Future.
43. 30th March National Doctor's Day
44. 23rd March Shaheed Diwas or Martyrs day
45. 21st of March International Day of Forests Forests and Water.
BOOKS and AUTHORS

Books Author Books Author
The Drowned Detective Neil Jordan Chaos and Caliphate: Jihadis and the Patrick Cockburn
West in the Struggle for the Middle
East
India vs Pakistan: Why Cant Pakistani Ambassador to The Making of India: The Untold Story Kartar Lalvani
we just be Friends? the U.S. Husain Haqqan of British Enterprises
Blood on my Hands: Kishlay Bhattacharjee Shashi Kapoor - the Householder, the Aseem Chhabra
Confessions of Staged Star
Encounters
The Kiss of Life: How a Emraan Hashmi A State in Denial - Pakistans BG Verghese
superhero and my son coauthored the book with Misguided and Dangerous Crusade
defeated cancer author Bilal Siddiqi
Book titled Who was Govind Pansare Fixed! Cash and Corruption in Cricket Shantanu Guha Ray
Shivaji?
Anything But Khamosh: The Bharathi S Pradhan Gandhi: An Illustrated Biography Pramod Kapoor
Shatrughan Sinha Biography
The Making of India: The Kartar Lalvani Endurance: My Year in Space and Our Scott Kelly
Untold Story of British Journey to Mars
Enterprises
DEFENCE NEWS
MISSILE LAUNCHED/INS INDUCTED Odisha. It is a tactical short-range ballistic missile (SRBM)

The Indian Coast Guard ship Arush, the 17th in the series developed by DRDO and has the strike range of 350 km.
of twenty Fast Patrol Vessels (FPVs), designed and built by India successfully test-fired supersonic interceptor
M/s Cochin Shipyard Limited, has commissioned at Kochi. missile, capable of destroying any incoming hostile ballistic
Second submarine assembly workshop of the Mazagon missile known as The Advance Air Defence (AAD) missile
Dock Limited (MDL) was inaugurated by Defence Minister. or dubbed as Ashwin.
Nuclear capable Prithvi-II surface-to-surface missile was Nuclear capable undersea ballistic missile, code named
successfully test-fired from a test range at Chandipur in K4, was successfully test fired from an undisclosed location

23
in the Bay of Bengal. The missile was fired from 20meter The Indian Navy phased out Sea Harrier fighter jets
deep and covered more than 700 km. which were the mainstay of Indian Naval air arm since
India successfully test-fired indigenously built nuclear- 1983, thus paving way for the supersonic MiG 29K aircraft
capable intermediate range Agni-I ballistic missile. The into the Indian Naval Air Squadron (INAS 300).
sophisticated missile covered 700 km distance within 9 Indian Navy Launches Underwater Harbour Defence
minutes and 36 seconds. System at Visakhapatnam Naval Base.
The Fast Patrol Vessel (FPV), ICGS Arnvesh, of the Indian Indian Naval Ships (INS) Veer and Nipat were
Coast Guard (ICG) was commissioned in Visakhapatnam. decommissioned at the Naval Dockyard in Mumbai,
INS Karmuk, an indigenously built Missile Corvette, along Maharashtra.
with a Dornier Maritime Patrol Aircraft, participated in the A Naval Detachment (NAVDET) was inaugurated at the
22nd Indo-Thai Coordinated Patrol (CORPAT) in the androth Island of Lakshadweep Vice Admiral Girish
andaman Sea. Luthra, AVSM, VSM, Flag Officer Commanding in Chief,
Indigenously developed surface-to-air supersonic Akash Southern Naval Command.
missile System was successfully test fired from complex-3 of The seventh in the series of Indo-Seychelles Joint
the Integrated Test Range (ITR) at Chandipuri in Odisha. Training Exercises, Lamitye 2016 concluded at Victoria,
Defence Minister Manohar Parrikar flagged off Indias Mahe Island in Seychelles.
first indigenous composites bow mounted Sonar Dome
during DefExpo 2016 in Goa. INDIAN AIR FORCE IN NEWS
US activated a land-based missile defence station (Aegis The Indian Air Force (IAF) has successfully test-fired an
Ashore Missile Defence System) in Deveselu, Romania. advanced version of BrahMos land-attack supersonic
India's premier Govt. R& D body DRDO has developed a cruise missile system.
radar that can look through a wall. The Through Barrier The Air Forces of India (IAF) and the United States
Imaging Radar, named 'Divyachakshu' (divine eye), has concluded their four-week Red Flag aerial combat
been developed by Defence Research and Development exercises at Alaska in the U.S. The Indian Air Force flew 10
Organisation's (DRDO) Electronics and Radar aircraft - four Su-30MKIs, four Jaguars and two IL-78 aerial
Development Establishment (LRDE) based in Bangalore refuelling tankers.
and is going through development trials now. Indian Air Force (IAF) has launched its Electronic
Maintenance Management System (e-MMS) Project, an
INDIAN ARMY IN NEWS automated military maintenance system.
Indian Army had conducted major military training Panagarh Air Force Base of West Bengal was renamed as
exercise 2016 Chakravyuh-II in Suratgarh, Rajasthan. Air Force Station Arjan Singh. This can be termed as a rare
The 11th Indo-Mongolia joint training Exercise, Nomadic honour to the nations oldest soldier Marshal of Air Force
Elephant - 2016 to promote military associations between Arjan Singh.
India and Mongolia held in Mongolia. The Indian Air Force (IAF) successfully conducted
The Indian Army conducted major battle exercise named Exercise Iron Fist in Pokhran, Rajasthan.
as Shatrujeet in the Thar Desert of Rajasthan near to the IAF to get the First Batch of Women Fighter Pilots in June.
border with Pakistan. Bhawna Kanth, Avani Chaturvedi, and Mohana Singh are
India, ASEAN Plus multilateral military exercise FORCE likely to create history as Indias first women fighter pilots.
18 concluded in Pune.
The fourth edition of the joint exercise Garuda Shakti OTHER DEFECNE NEWS
between India and Indonesia held at Magelang, Goa Shipyard Limited (GSL) launched Indian Coast Guard
Indonesia. Ship (ICGS) Shaurya at Vasco.
A team of six Indian Army mountaineers led by Lt Colonel India has become the worlds fourth largest spender on
Ranveer Jamwal successfully scaled Mount Everest. defence, following a 13.1% increase in its 2016-17 defence
Cycling event of Indian Army with the theme Cycle to budget, according to US research firm IHS Inc.
Recycle was flagged off from Pangsau Pass on the India- India is likely to buy 145 M777 Howitzers for $750
Myanmar border. million to equip its Mountain Strike Corps.
The multinational mega Military Exercise Force 18 was Anil Ambani-led Reliance Defence has inked a pact with
conducted by Indian Army in Pune, Maharashtra. The theme Israel's Rafael Advanced Defence System to set up a JV in
of the exercise is `Humanitarian Mine Action (HMA) and India for specialised areas including air- to-air missiles.
`Peacekeeping Operations (PKO). Reliance Defence Has Received 16 Industrial Licences
MoU was signed between Indian Army and Hinduja For Missiles, Equipment.
Grouped Induslnd Bank on the Defence Salary package. United States of America (US) Navy has tested the worlds
largest unmanned surface vessel named Sea Hunter in
INDIAN NAVY IN NEWS San Diego. It is a self-driving 132-foot ship able to travel up
The Indian Navy has commissioned indigenously built to 10000 nautical miles on its own to hunt for stealthy
highly maneuverable Fast Attack Craft INS Tarmugli at submarines and underwater mines.
the commissioning ceremony held in Visakhapatnam, A strategic partnership agreement has been signed by the
Andhra Pradesh. Reliance Defence with three Ukranian state-owned
India and the US held the first round of discussions under companies that will be allowing them to collaborate on a
the recently-constituted Maritime Security Dialogue. range of military products including transport aircraft,

24
upgrade of armoured vehicles, maritime gas turbines Pakistan Navy has successfully test-fired shore-based
and unmanned aerial vehicles. anti-ship missile 'Zarb', bolstering its defence mechanism.
Iran unveiled S300 missile system parts at army parade The Republic of Singapore Navy (RSN) has successfully
in Tehran. It was a long awaited air defence system ordered test-fired a Barak missile from its Victory-class missile
from Russia. corvette RSS Vigour during Fleet Exercise conducted in the
China successfully launched the Kunpeng1B sounding South China Sea.
rocket from a launch pad in Danzhou City in the southern
Chinese Hainan Province.
SPORTS NEWS
CRICKET NEWS International Cricket Council (ICC) has suspended Hong

Coach of IPL franchise Kings XI Punjab Sanjay Bangar Kong allrounder Irfan Ahmed from Cricket for 2.5 years.
appointed India's head coach for tour to Zimbabwe. Badminton ace Nandu Natekar became the first non-
Sunrisers Hyderabad has defeated Royal Challengers Cricketer to be inducted into the Legends Club founded by
Bangalore (RCB) by 8 runs to clinch the IPL title for the first the late Cricket Club of India (CCI) president Raj Singh
time at the Chinnaswamy stadium in Bangalore. Dungarpur.
England captain Alastair Cook has become the youngest International Cricket Council (ICC) suspended the
ever batsman to cross 10,000 runs in Test cricket and also Cricket Association of Nepal (CAN) in view of Govt.
become the 12th man to join the elite 10,000-run club. interference in the board.
Rwandan national captain Eric Dusingizimana, has set a New Zealand ace batsman Kane Williamson was
new Guinness world record by batting out a straight 51 confirmed as 29th test cricket captain of New Zealand
hours, the longest individual net session. cricket Team.
Former India captain Anil Kumble has been re-appointed Tobago batsman Iraq Thomas created a record by scoring
ICC Cricket Committee chairman. 21 ball century in the Tobago Cricket Associations T20
Rahul Dravid and Mahela Jayawardena have been tournament at Louis Dor.
appointed to the ICC Cricket Committee. The Mumbai under-23 team clinched the Col CK Nayudu
The ICC lifted the provisional suspension imposed on Sri Trophy by defeating Madhya Pradesh at the Holkar
Lanka wicket-keeper batsman Kusal Perera. Stadium, Indore.
Charlotte Edwards, Englands women cricket team captain, Indian cricket team led by Mahendra Singh Dhoni won
announced her international retirement. the Asia Cup for the record sixth time.
Former England star all-rounder cricketer Matthew Rest of India defeated Mumbai to lift Irani Cup Cricket
Fleming has been appointed as the next Marylebone Title.
Cricket Club (MCC) president. Australias Shane Watson announced that he will retire
New Zealand, the 2016 ICC World Twenty20 semi-finalist from international cricket at the end of the 2016 World
topped in the ICC T20I Rankings while India is on 2nd place Twenty20 Tournament.
with 132 points. India beat Bangladesh by 8 wickets in the final to win their
Former South Africa fast bowler Allan Donald will join Asia Cup title. With this victory, India lifted their sixth Asia
Australia as their bowling coach for their tour of Sri Lanka. Cup title.
The former Sri Lankan opener, Sanath Jayasuriya has Rest of India (ROI) pull off an incredible chase to beat 41
been reappointed as the countrys chief selector. times Ranji Trophy champions Mumbai by four wickets to
Australian pacer Clint McKay announced his retirement win the Irani Trophy 2016.
from international cricket. The Mumbai under-23 team clinched the Col CK Nayudu
West Indies won the ICC Cricket World T20 Mens Cup Trophy by defeating Madhya Pradesh at the Holkar
2016. In the final clash at Eden Gardens, Kolkata, West Indies Stadium in Indore.
defeated England by 4 wickets. Services won the Santosh Trophy National Football
o Player of the match Marlon Samuels (West Indies) Championships title. In the summit clash at SEC Railway
o Player of the series Virat Kohli (India) Stadium in Nagpur, Services defeated host Maharashtra 2-1.
West Indies Womens won their maiden Womens Cricket
World T20 title. In the final clash at Eden Gardens, Kolkata, FOOTBALL NEWS
West Indies defeated reigning champions Australia. Real Madrid defeated Atletico Madrid 5-3 in the penalty
o Player of the match Hayley Matthews (WI Women) shoot-out to win their eleventh Champions League title.
o Player of the series - Stafanie Taylor (WI Women) FIFA acting Secretary General Markus Kattner was
England and Nottinghamshire batsman James Taylor dismissed from his position with immediate effect.
announced his retirement at the age of 26 due to ill health. Sevilla were crowned for the third straight year as the
Rangana Herath, the veteran Sri Lankan spinner, retired UEFA Europa League champions after they defeated
from T20 and One Day International Cricket. Liverpool.
The Pakistan Cricket Board appointed Inzamam-ul-Haq as FIFA has appointed a UN diplomat, Fatma Samoura as its
the new chief selector of the team. first ever female secretary-general.
The International Cricket Council (ICC) and Emirates Leicester City have won the English Premier League title
Airline renewed their deal for an additional seven years. for the first time in the club's 132 years history.

25
Professional football club Mohun Bagan and India striker Lewis Hamilton wins Monaco F1 Grand Prix.
Jeje Lalpekhlua won the Football Players Association of The Red Bull, Max Verstappen has become the youngest
India (FPAI) Indian Player of the Year award. formula 1 winner by winning Spanish Grand Prix.
FC Barcelonas player Lionel Messi has been named as Nico Rosberg has won the Russian Grand Prix in Sochi.
Huawei global ambassador. Mercedes driver Nico Rosberg of Germany won the 2016
Formula 1 Gulf Air Bahrain Grand Prix.
HOCKEY NEWS Nico Rosberg won 2016 Pirelli Chinese Grand Prix.
Australia defeated India in the final to win the 25th
edition of the Sultan Azlan Shah Cup in Ipoh, Malaysia. TENNIS NEWS
Indias Durga Thakur promoted as International Outdoor World No. 1 women's doubles team of Sania Mirza and
Umpire by the International Hockey Federation (FIH). Martina Hingis beat the Russian pair Ekaterina Makarova
and Elena Vesnina to claim the Italian open title 2016.
RIO OLYMPIC 2016 BERTH BOOKERS (INDIA) Number one seed Novak Djokovic defeated Andy Murray
Indian Wrestlers Ravinder Khatri and Babita Kumari to conquer the Mutua Madrid Open title in Madrid, Spain.
have secured spots at the upcoming Rio Olympics. Victoria Azarenka of Belarusia and World No 1 Novak
Indan Wrestlers Vinesh Phogat and Sakshi Malik earned Djokovic of Serbia won womens and mens singles titles of
2016 Rio Olympics quota spots in wrestling. the 2016 Miami Open.
Wrestler SANDeep Tomar secured an Olympic quota place Rafael Nadal defeated Frenchman Gael Monfils to grab the
for India in the mens 57kg freestyle category. 2016 Monte Carlo Masters title.
India star wrestler Yogeshwar Dutt secured an Olympic Rafael Nadal defeated two time defending champion Kei
quota place for India with a gold-medal finish in the men's Nishikori of Japan to win the Barcelona Open of tennis.
65kg freestyle category in the Asian Olympic Qualification Bob and Mike Bryan won the Barcelona Open doubles
tournament in Astana, Kazakhastan. tennis title.
Seven Indian Ace shuttlers have made the cut for the Rio French pair of Caroline Garcia and Kristina Mladenovic
Olympics. won womens doubles final of the Stuttgart Grand Prix
A three-member Indian women's archery team tournament.
comprising Deepika Kumari,Bombayla Devi and Britain's Andy Murray has won his first Italian Open Men's
Laxmirani Majhi was named for the Rio Olympics. Singles Tennis title.
Indian boxer Shiva Thapa became the first Indian boxer Former world number one Maria Sharapova announced
to book a seat in the Rio Olympics. that she failed a drug test at the Australian Open and due to
Indian artistic gymnast Dipa Karmakar created history by this, she was provisionally suspended from Tennis.
becoming the first Indian woman gymnast to qualify for The UN Development Programme (UNDP) suspended
Olympics. Maria Sharapova as a goodwill ambassador.
Union Sports Ministry announced to provide one lakh Rs. World No 1 Novak Djokovic of Serbia and Victoria
per month as out of pocket allowance to the sports Azarenka of Belarusia won mens and womens singles
persons under the Target Olympic Podium scheme. titles of the BNP Paribas Open at the Indian Wells Tennis
Japans Olympic organisers unveiled the new official Garden in Southern California.
logos of the 2020 Tokyo Olympic and Paralympic Games.
The emblems, designed by Asao Tokolo. ATHELETICS NEWS
South Korea announced that its Olympic athletes will Indian para athlete Amit Kumar Saroha from Haryana won
wear uniforms that have been infused with insect the gold medal in men's club throw (F-51) at the 2016
repellent to keep mosquitoes carrying the Zika virus at bay. French Open Athletics Championship in Paris.
Indian athlete Sudha Singh has created history by
BADMINTON NEWS breaking the national record in women's 3,000m
Kento Momota of Japan won mens singles title at the 2016 steeplechase event in Diamond League Meet in Shanghai.
Yonex Sunrise India Open badminton championship. Two-time Olympic 400meter hurdles gold medalist
Thailands Ratchanok Intanon won the womens singles champion Felix Sanchez announced his retirement.
title by defeating Xuerui Li of China. Olympian Basanta Bahadur Singh Rana won the gold
Kento Momota of Japan was axed from Japans medal in mens 50km race walk event on the final day of
badminton team for the 2016 Rio Olympics. He was axed the National Championships in Jaipur.
for gambling at an illegal casino. Gurmeet Singh became the first Indian athlete to win a
Lee Chong Wei won the mens singles title at the Malaysia gold medal in the Asian 20 Kilometer (km) Race Walk
Open 2016 held in Shah Alam, Malaysia. Championships.
Chinas Lin Dan earned his sixth All England badminton
title. In the summit clash in Birmingham, Dan defeated
compatriot Tian Houwei. BILLIARDS/SNOOKER NEWS
Indias fourth highest ranked mens badminton player HS Star snooker player Mark Selby belongs from England has
Prannoy won the mens singles title at the 2016 Swiss won the 2016 World Championship title of Snooker.
Open in Basel, Switzerland. Englands snooker great Steve Davis announced his
retirement from the game after 38 year career.
GRAND PRIX NEWS

26
Rahul Sachdev won 1st All India Open Invitational Danny Willett won the US Masters, the first Briton to do so
Snooker Championship 2016. since Nick Faldo in 1996.
Shiv Shankar Prasad Chawrasia was honoured as the
OTHER SPORTS NEWS (BOXING / ARCHERY / JUDO / Hilton Asian Tour Golfer of the Month for March 2016 in
BASKETBALL / GOLF) Sentosa, Singapore.
TVS Racing has signed Shreya Sunder Iyer as its first Australian golfer Adam Scott won the 2016 WGC-Cadillac
woman rider for the Indian National Rally championship. Championship at Doral, Florida, U.S.
Indian womens team has won the silver medal in the Shiv Shankar Prasad Chawrasia won the Hero Indian
recurve team final of Archery World Cup held at the Open title of golf played at the Golf Course in New Delhi.
Yuanshen Stadium in Shanghai, China. Womens team The Union Govt. has merged Rajiv Gandhi Khel Abhiyan
comprised of Deepika Kumari, Bombayla Devi Laishram (RGKA), launched by the UPA Govt., with the Khelo India
and Laxmirani Majhi. programme for development of sports.
Garima Chaudhary has won gold medal at the 2016 Mairaj Ahmed Khan won silver medal for India in the mens
Commonwealth Judo Championship finals at Port skeet event at ISSF World Cup in Rio de Janeiro.
Elizabeth in South Africa. India has been allotted the Commonwealth Judo
Indian Star archer Deepika Kumari equalled the world Championships 2018.
record in the woman's recurve event at the Archery Car racer Armaan Ebrahim awarded the Motorsports
World Cup in Shanghai. Man-of-the-Year Trophy by the Federation of Motor
Indian boxer Sonia Lather won a silver medal at the AIBA Sports Clubs of India.
Women's World Championships in 57 kg category. Indian shooter Jitu Rai clinched the 50m pistol gold at the
Indian boxing star Vijender Singh registered his sixth ISSF World Cup in Bangkok.
straight professional boxing victory with a Technical Patna Pirates defeated U Mumba to win 2016 Pro
Knockout over Poland's andrzej Soldra. Kabaddi League title.
Anthony Joshua won the International Boxing Federation Russian Grandmaster Sergey Karjakin won the FIDE
heavyweight title 2016. World Chess Candidates Tournament held in Moscow.
NBA superstar Stephen Curry was named the National Indian wrestler Hardeep Singh won silver medal in the
Basketball Association's (NBA) Most Valuable Player for Asian Olympic Qualification Tournament held in Astana,
the second straight year. Kazakhstan.
Pakistan has won the third edition of the Asian Kabaddi
Championship 2016 (Circle Style) by defeating India.
BILLS PASSED
The Rajya Sabha has passed the Insolvency and The Rajya Sabha passed National Waterways Bill, 2015.
Bankruptcy Code Bill 2016. The Bill seeks to unleash the navigation potential of Indias
Parliament has passed the Anti-Hijacking Bill, 2016. The larger river ways resources.
Bill provides for the death penalty for hijackers even if ground Lok Sabha passed the Enemy Property (Amendment and
airport personnel and handling staff are killed. Validation) Bill, 2016. The bill seeks to make amendments
Parliament passed the Industries (Development and to the 48-year-old Enemy Property Act, 1968.
Regulation) Amendment Bill, 2015. The Bill seeks to amend Rajya Sabha passed the Real Estate (Regulation and
the Industries Act, 1951 that provides for development Development) Bill, 2015. The bill among other provisions
and regulation of certain industries. seeks to set up a Real Estate Regulatory Authority (RERA)
The Maharashtra Legislative Assembly unanimously for the orderly growth of the real state sector.
passed the Dance Bar Regulation Bill 2016. There will be The Lok Sabha passed the Aadhaar Bill, 2016. The bill seeks
prison upto five years and fines of up to 25000 Rs. if the to provide for targeted delivery of subsidies and services
bar owners or operators violate the rules. to individuals residing in India by assigning them unique
Maharashtra Legislative Assembly unanimously approved identity numbers, called Aadhaar numbers.
the Prohibition of Social Boycott Bill, 2016. The bill seeks Haryana cabinet meeting under the chairmanship of CM
to crack down on extrajudicial bodies like caste and Manohar Lal Khattar approved the draft bill on reservation
community panchayats. to Jats and four other castes in Govt. jobs and educational
Rajya Sabha passed Bureau of Indian Standards Bill, 2015. institutions.
The bill seeks to replace the Bureau of Indian Standards
Act, 1986.
INTERNATIONAL ORGANIZATION IN NEWS

Tiny South Pacific island nation Nauru has become the The UN Children's Fund and the European Union (EU)
189th member of the International Monetary Fund (IMF) have announced the launch of #EmergencyLessons
and the World Bank i.e. Bretton-Woods institutions. campaign on education in crisis zones.
UN has announced the establishment of the UN Zika World Bank and UNICEF announced establishment of new
Response Multi-Partner Trust Fund (MPTF) to finance alliance that aims to make Early Childhood Development
critical unfunded priorities in response to the Zika outbreak. (ECD) programme a global policy.

27
UN, IMF, World Bank and OECD formed Platform for UNESCO signed an agreement with CJ Welfare Foundation
Collaboration on Tax. The Platform has been created as to start a preschool animation series Rainbow Ruby to
their step to boost global cooperation in tax matters. support girls education globally.
The Interim Administrative Cell of International Solar Nepal became a dialogue partner of the Beijing-based
Alliance and the UN Development Programme declared regional security grouping, Shanghai Cooperation
their cooperation to promote solar energy globally. Organisation (SCO).
UNHCR, UNICEF launched Blue Dot hubs to protect The UN Childrens Emergency Fund (UNICEF) launched
children and families on move across Europe. animate film series Unfairy Tales.
The UN Population Fund and the UN Childrens World Bank Group President Jim Yong Kim and Asian
Emergency Fund jointly launched the Global Programme to Infrastructure Investment Bank President Jin Liqun
Accelerate Action to End Child Marriage. signed the first co-financing framework agreement
The Arab League declared Lebanese movement Hezbollah between the two institutions.
a terrorist group.
SCIENCE and TECHNOLOGY
ISRO IN NEWS NASA astronaut and Expedition 46 Commander Scott

ISRO Scientists made worlds lightest material Silica Kelly and his Russian counterpart Mikhail Kornienko
Aerogel to keep soldiers warm in Siachen. It is called returned on Earth, after a historic 340-day mission aboard
silica aerogel or blue air or frozen smoke. the International Space Station.
ISRO launched Indias seventh navigation satellite of the
Indian Regional Navigation Satellite System (IRNSS 1G) OTHER SCI-TECH. NEWS
into a Sub Geosynchronous Transfer Orbit (SubGTO) The worlds first artificial intelligence lawyer has been
onboard PSLVC33. employed by a law firm in the US. The robot called ROSS
The ISRO launched the countrys sixth Indian Regional is built upon Watson, IBMs cognitive computer.
Navigational Satellite System (IRNSS)-1F, on board the United states (US) based, SpaceX has successfully launched
trusted launch vehicle PSLV C-32. Japanese JCSAT-14 communication satellite into space.
ISRO is set to launch a record number of 22 satellites in a Australian researchers built worlds first scanning
single mission. Polar Satellite Launch Vehicle, PSLV C34 helium microscope helium microscope (SHeM).
will carry Indias remote sensing satellite Cartosat 2C. China has successfully launched a remote sensing satellite
Yaogan-30 into sun-synchronous orbit (SSO) using the
NASA IN NEWS Long March-2D rocket.
NASA successfully launched a super pressure balloon to China launched its 22nd satellite for its BeiDou
conduct near-space scientific investigations. It was Navigation Satellite System (BDS).
launched from South Island Wanaka Airport, New Zealand. All new mobiles to have panic button from 2017.
NASA unveiled the first global digital elevation Sikkim Governor Shrinvas Patil formally unveiled
(topographic model) of Mercury. Supercomputer named Param Kanchenjunga at the
NASA astronaut Scott Kelly will write a memoir titled National Institute of Technology (NIT) Sikkim. It is named
Endurance: My Year in Space and Our Journey to Mars. after Kangchenjunga Mountain (8586 m), the third highest
mountain in the world.
POWER PLANTS ESTABLISHED
S.no Name Place
1. Bharat Bharat Heavy Electricals Ltd (BHEL) Commissioned the first 800 MW super critical thermal unit in
Karnataka. Highest rating unit in the state.
2. BHEL (Bharat Heavy Electricals Limited) 270 MW unit at Goindwal Sahib coal-fired power project in
Punjab.
3. Tata Power Renewable Energy (TPREL) Won two solar-grid connected photovoltaic projects of 50
mw capacity each in Pavagada Solar Park in the Tumkur
district of Karnataka.
4. BHEL Commissions 500 MW Thermal Power Unit Jharkhand
5. BHEL Commissions 600 MW Thermal Power Plant Madhya Pradesh
6. BHEL a season wise til-table canal top solar PV plant Bhimavaram in Andhra Pradesh
7. BHEL 600 MW Thermal power plant Jaipur in Adilabad district of Telangana
Project/Operation/Campaign
S.no Name of Project/Operation/Campaign Key Point
1. Operation Sulaimani An initiative to eradicate poverty by feeding needy in Kozhikode
hotels

28
2. Micro-blogging site Twitter launched To empower women to raise voices against any form of
#PositionOfStrength campaign. discrimination
3. Setu Bharatam project To make all national highways free of Railway crossings by 2019
4. Hillstorm 3. Combat operation of Meghalaya police
5. Project Salamati in Chandigarh To maintain a healthy balance between the births of children by
using injectable contraceptive
VISITS
Major Highlights of the PM visit to Belgium Sri Lankan President Maithripala Sirisena held talks with
Attended 13th India EU summit and held meeting with Narendra Modi. This is Srisenas second visit to India.
Belgium PM Charles Michel US Secretary of State John Kerry discussed with Saudi King
Activated Asias largest general purpose optical telescope Salman bin Abdulaziz al-Saud in the West Asia.
installed in Devsthal, 60 km from Nainital, through Remote After a historic visit to Cuba in March, President Barack
Technical Activation Obama is to embark on another historic trip and visted
Major Highlights of the PM visit to the United States Hiroshima.
Attended the 4th Nuclear Security Summit in Washington DC. President Pranab Mukherjee went for a two Nation tour
Announced a contribution of 1 million US dollars to Nuclear to Papua New Guinea and New Zealand. This is the first
Security Fund of International Atomic Energy Agency. ever state visit of an Indian President to these two countries.
MoU for setting up Laser Interferometer Gravitationalwave Minister of State for Petroleum and Natural Gas,
Observatory (LIGO) observatory in India. Dharmendra Pradhan visited Bangladesh for 3 days.
Major Highlights of the visit to Saudi Arabia Union Minister for Science and Technology and Earth
India and Saudi Arabia signed five agreements and MoUs. Science Harsh Vardhan visited Nagaland.
Visited TCS All Women IT Centre and Masmak Fortress in Britains Prince Harry had a five-day visit to Nepal to
Riyadh. mark the 200th anniversary of the bilateral ties.
Union Finance Minister Arun Jaitley will embark on a six-
day official visit to Tokyo, Japan.
SCHEMES
Schemes launched by Union Govt. a. e-PACE : It Stands for Projects Appraisal and Continuing
The Union Ministry of Human Resource Development Enhancements.
(HRD) has decided to launch ASMITA, a student tracking b. INFRACON: It is National Portal for Infrastructure Consultancy
system programme. ASMITA is acronym for All School Firms and Key Personnel.
Monitoring Individual Tracing Analysis and shall be c. INAM PRO: It is a web-based application for Infrastructure and
launched under Shala Asmita Yojana (SAY). Material Providers.
The Ministry of Human Resource Development has
announced the launch of a multilingual knowledge portal Innovative Entrepreneurship and Skill Development
www.bharatavani.in. It aims to not only ensure Programme of MANAS
universalisation of education but also creation of a Union Minister for Minority Affairs Najma Heptulla launched
knowledge society in the digital age innovative entrepreneurship and skill development programme
of Maulana Azad National Academy for Skills (MANAS)
Pradhan Mantri Ujjwala Yojana to provide free LPG through leading national and international experts in different
connections to BPL households skill sets.
The Cabinet Committee on Economic Affairs launched Pradhan It proposes to use leading celebrities who belong to Minority
Mantri Ujjwala Yojana. It seeks to provide free LPG connections communities in various skill sets as the driving force behind the
to women from below poverty line (BPL) households. skill development projects in their respective fields.
Features of Pradhan Mantri Ujjwala Yojana
Under the scheme, a financial support of 1600 Rs. will be Pradhan Mantri Fasal Bhima Yojana
provided for each LPG connection to the BPL households. The crop insurance scheme named Pradhan Mantri Fasal
This will benefit about 1 cr. 50 lakh households below the Bhima Yojana launched in Mumbai. The scheme is aimed at
poverty line in 2016-17. reducing distress in the farm sector and to boost the agricultural
sector in the country.
Initiatives for best practices in road transport sector Features of the Pradhan Mantri Fasal Bhima Yojana
Union Minister of Road Transport and Highways and Shipping To avail the scheme, farmers will pay a uniform premium of only
Nitin Gadkari has launched three initiatives for best practices 2% for all Kharif crops and 1.5% for all Rabi crops.
in road transport sector. These three innovative IT initiatives In case of annual commercial and horticultural crops, farmers
are INFRACON, ePACE and up-Scaled INAM PRO. These will pay a premium of only 5%.
innovative IT initiatives are developed in-house by National
Highways and Infrastructure Development Corporation Ltd Govt. of Indias National Light-emitting diode (LED)
(NHIDCL). programme Unnat Jyoti by Affordable LEDs for All
29
(UJALA) was launched in Madhya Pradesh by CM of Madhya The Odisha CM Naveen Patnaik launched Odisha Adarsh
Pradesh Shri Shivraj Singh Chouhan. Vidyalaya (OAV) project at Sasan Ambagaon village in his
Union Power, Coal and New and Renewable Energy Minister home constituency Hinjli in Ganjam district. These
of State (Independent Charge) Piyush Goyal launched Vidyut schools will provide free education (classes VI to XII) to
PRAVAH- Electricity, Price Availability and Highlights students along with free uniforms and other study materials.
mobile application in New Delhi. The mobile application CM Naveen Patnaik inaugurated 100 piped water supply
provides highlights of the power availability in India on projects for rural areas. The CM also pledged to make piped
real time basis. The app will empower common people to water provision in all gram panchayats by 2017.
demand 24X7 power from the states.
Union Minister of Consumer Affairs, Food and Public Schemes launched by Other State Govt.
Distribution Ram Vilas Paswan launched the Online Depot Gujarat CM Anandiben Patel has launched Ujala scheme in
System in New Delhi to automate all the operations of Vadodara to distribute LED bulbs to the people.
Food Corporation of India (FCI) depots. The key objective Himachal Pradesh CM Virbhadra Singh has introduced
of the Depot Online System is to align with Digital India PEHAL programme in Shimla district. It aims to expediting
vision for transformation of food distribution supply chain in developmental works and Govt. schemes through effective
India. implementation at grassroots level. With this Shimla has
PM Narendra Modi launched Kisan Suvidha mobile become the 1st district in the state to launch such
application for farmers. It will provide information on different programme.
subjects such as weather, market prices, seeds, fertilizers, Andhra Pradesh CM N Chandrababu Naidu launched
pesticides and agriculture machinery. Chandranna Bima Yojana in Vijayawada. It is an
Union Agriculture Minister Radha Mohan Singh launched a insurance scheme for the working class people. Under
new mobile app Pusa Krishi. It will help the farmers to take the scheme any insured worker who meets an accidental
the technology to farm fields. death and permanent disability will be paid 5 lakh Rs..
Parytak Mitra Programme was launched by Union Union Minister of State (IC) for Power, Coal and New and
Ministry of Tourism to inculcate appropriate tourism traits Renewable Energy Piyush Goyal along with Andhra Pradesh
and knowledge amongst the trainees to enable them to CM N Chandrababu Naidu launched two schemes in
act/work as Tourist Facilitators (Prayatak Mitra). Vijayawada, Andhra Pradesh. These are National Energy
PM Narendra Modi launched Gram Uday Se Bharat Uday Efficient Agriculture Pumps Programme and National
Abhiyan at Mhow, Madhya Pradesh. The Abhiyan Energy Efficient Fan Programme.
(campaign) was launched on the 125th birth anniversary National Energy Efficient Agriculture Pumps Programme
of Babasaheb Ambedkar at his birthplace to strengthen It will help farmers in replacing energy guzzlers age old
Panchayati Raj in villages and ensure social harmony in agricultural pumps across the country with the new-age energy
villages. efficient agricultural pumps, with a 5-Star Rating.
Union Govt. extended the Beti Bachao Beti Padho (BBBP) National Energy Efficient Fan Programme
Scheme in additional 61 districts across 11 States and Union a) It was launched through state owned entity Energy Efficiency
Territories. The scheme was extended in the districts with Services Limited (EESL), a Joint Venture of PSUs under Union
low Child Sex Ratio. Ministry of Power, for Indian households and businesses.
Union Minister for Women and Child Development Maneka b) It seeks to provide Energy Efficient Ceiling Fans of 5 star rating
launched Mahila e-Haat portal in New Delhi. The Mahila e- 50 Watts at 60 Rs. per month on EMI basis and 1250 Rs. on
Haat portal, http://mahilaehaat-rmk.gov.in, is an online upfront basis.
marketing platform. It will provide access to markets to The Karnataka Govt. launched Mukhyamantri Santwana
thousands of women. Harish Yojana to provide free treatment to road accident
The Govt. has replaced the conventional tendering victims for the first 48 hours in the nearest Govt. or private
process for power purchase by state power distributors hospital.
with an e-bidding platform named DEEP in an attempt to Maharashtra CM Devendra Fadnavis launched Mission
make the bidding more efficient and transparent by Drinking Water. The mission was launched in the backdrop
bringing power procurement contract details to the of recurring droughts and severe water crisis.
public domain. The Discovery of Efficient Electricity Price Jharkhand CM Raghubar Das launched the Bhimrao
(DEEP). Ambedkar Awas Yojana for widows. Its objective is to
create equality and harmony in society, ensuring all round
Schemes launched by Odisha Govt. development. An amount of 75000 Rs. would be granted to
The Odisha Govt. has decided to launch Green Passage build a house in districts in hilly terrains and 70000 Rs.
scheme for orphan students to ensure that they get free in plains and the amount would be distributed among the
of cost higher education in the state. As per the scheme, beneficiaries in three installments in their bank A/c.
orphan students pursuing higher education from Plus-II The Haryana Govt. notified its Affordable Plotted Housing
level to post-graduation level, will no longer have to bear Policy 2016 for low and medium potential towns also
the education expenses. known asDeen Dayal Jan Awas Yojna. The policy is
Odisha CM Naveen Patnaik has launched a 'Direct Benefit intended to encourage the development of high density
Transfer' scheme for the state's farmers and pledged digging plotted colonies in Low and Medium Potential towns of the
of atleast 1 lakh bore wells to improve irrigation facilities. State wherein small plots are made available through a
liberal policy framework.

30
Union Minister for State (IC) for Power, Coal and Renewable System (IWMS). The systems web address is
Energy Piyush Goyal launched National LED programme www.iwms.nic.in.The Govt. launched the system for better
Unnat Jyoti by Affordable LEDs for All (UJALA) in Madhya management of waste.
Pradesh. Under this Programme, 3 cr. LED Bulbs will be 2. The Department of Industrial Policy and Promotion
distributed in the next 6 months in the State. (DIPP) under Union Ministry of Commerce and Industry
launched the Startup India portal
Schemes launched by Ministries http://startupindia.gov.in and mobile app in New Delhi.
1. The Ministry of Environment and Forests launched a web-
based application on Integrated Waste Management
MISCELLANEOUS TOPICS
INDIAN RAILWAYS IN NEWS heritage of the country. The portal is a collaborative

1. Railway passengers can now cancel their wait-listed and knowledge resource on the arts, culture and heritage of India.
RAC (reservation against cancellation) train tickets by just Kachhabali village in Bhim tehsil of Rajsamand District
dialing 139. became the first in Rajasthan to close down its only liquor
2. Indian Railway for the first time used an unmanned air shop.
vehicles or drones to inspect the ongoing work on the Prakash Javdekar inaugurated a White Tiger Safari at
Dedicated Freight Corridor (DFC) project. Mukundpur in Satna district of Madhya Pradesh.
3. Indian Railways appointed Ernst and Young (EY) as a Union Govt. launched the low cost micro solar device,
consultant to discover the advertising potential in trains. Surya Jyoti. The solar dome would help rural and urban
4. Railway Minister Suresh Prabhu launched an online Clean population to have a reliable access to electricity.
My Coach service. The service allows travelers to get their A statue of Maharaja Ranjit Singh will be installed in
compartments cleaned by sending an SMS or by using an app Frances Saint-Tropez town. The town is the birth place of
or a designated website. Maharajas Army General Jean-Francois Allard.
5. Manmadurai-Rameswaram Rail Track To Become 1st Infosys co-founder launched a new app named Itihaasa
Green Corridor that chronicles Indian IT journey since the 1950s. The app
6. Gatiman Express, India's fastest train is flagged off from itihaasa is one of the largest chronicles of its kind with
Delhi to Agra. Railway Minister Suresh Prabhu flagged off 600 videos featuring 44 technology stalwarts.
the much-awaited Gatiman Express for Agra from The Ministry of Health and Family Welfare launched the
Nizamuddin Railway station. Longitudinal Ageing Study in India (LASI). The
7. East Coast Railway (ECoR) has emerged as the largest Longitudinal Ageing Study is the largest survey of its kind.
freight loading railway zone of Indian Railways in 2015- Union Health and Family Welfare Minister J P Nadda
16. launched the rotavirus vaccine as part of the Universal
8. Minister for Railways Suresh Prabhakar Prabhu Immunization Programme (UIP) of the country.
inaugurated the fitment of CCTV in Train Shan-e-Punjab PM Narendra Modi and Belgian PM Charles Michel
Express through video-conferencing from Rail Bhawan remotely launched Asias biggest telescope, the
premises, New Delhi. Aryabhatta Research Institute of Observational Sciences
9. Surat is the cleanest railway station in the country, (ARIES) which is located at Devasthal near Nainital in UK.
followed by Rajkot and Bilaspur (Chhattisgarh). The Agasthyamala Biosphere Reserve included in the
UNESCOs World Network of Biosphere Reserves
RECOGNITION/FIRST TIME IN STATES
India was the favourite tourist destination for OTHER MISCELLANEOUS NEWS
Bangladeshis who topped the list of foreign tourists arrivals The Mother's Wax Museum in Kolkata has unveiled a wax
followed by USA and UK. statue of pop icon Michael Jackson.
Taj Mahal has been voted among the top five tourist Actor and martial artist Jackie Chan got a wax statue at the
attractions in the world, second in Asia and led the Nahargarh Fort Museum in Jaipur.
popularity list in India. Bronze bust of ancient Indian mathematician &
Worlds largest single rooftop solar power plant of 11.5 astronomer Aryabhatta unveiled at the UNESCO HQ.
Mw capacity has been inaugurated by the CM of Punjab at The World's largest wooden Charkha (spinning wheel) is
Dera Baba Jaimal Singh, Beas, in Amritsar, Punjab. planned to be installed at Terminal 3 of the Indira Gandhi
According to the new World Health Organisation (WHO) International Airport in New Delhi.
urban air quality database report based on data collected Pallavi Fauzdar Becomes 1st Solo Woman to Ride Across
between 2008 and 2013, New Delhi was the 11th most- Mana Pass
polluted city. Zabol in Iran is the most polluted city. A Kathak dancer from Varanasi has broken the world
The world's largest cargo aircraft - Antonov An-225 record of longest dance performance by continuously
Mriya has made its first landing in India at the Rajiv dancing for 123 hours and 30 minutes.
Gandhi International Airport, Hyderabad. ICCR to set up first Indian Chair in Arab world at Cairo.
Bengaluru emerged as the top city in India for online Union Minister for Science and Technology and Earth
learning with the highest number of registered learners. Sciences, Dr. Harsh Vardhan, inaugurated Indias 1st
The Govt. of India has recently launched India's first online Second-Generation (2G) Ethanol plant at Kashipur in
interactive portal named as Sahapedia, on the cultural Uttarakhand.

31
According to the UGC Regulations, 2016, an institution will be Dr. Mahesh Sharma has released a Commemorative coin of
eligible to become a deemed university if it has Rs. 100 and a Circulation coin of Rs. 10 in New Delhi.
undergraduate and 5 post-graduate programmes with Suresh Prabhu has inaugurated Comrade Umraomal
research in existence for 3 years. Purohit Memorial Research Centre situated in All India
Spiritual leader and Isha Foundation founder, Sadhguru Railwaymens Federation (AIRF) Office, New Delhi.
Jaggi Vasudev will lead a yoga session at the UN on the The World Wildlife Fund (WWF) and the Global Tiger
occasion of the second International Yoga Day. Forum (GTF) announced that global wild tiger
Indian Short Film Beti To Be Screened at Seattle populations have increased. It is up by 22%.
International Film Festival Actress Sonakshi Sinha has become a Guinness World
As a part of 475th Birth Anniversary celebrations of Records title-holder as she along with several other women
Maharana Pratap, Union Minister for Culture and Tourism participated in an initiative to set a record for most people
painting their fingernails simultaneously.
JUNE CURRENT AFFAIRS TONIC 1ST to 5th June 2016

US President Barack Obama has announced an end to its
National Current Affairs embargo on sales of lethal weapons to Vietnam.
In 2015 Good Country Index (GCI), India has been placed at Manohar Parrikar will attend security dialogue in Singapore
70th position in the list of 163 countries. The list has been focussing on inter-Govt.al security and undertake a 2 day
topped by Sweden. bilateral visit to Vietnam to deepen military ties.
PM Narendra Modi has released the National Disaster Asias largest annual security forum Shangri-La Dialogue was
Management Plan (NDMP). The plan aims to make India inaugurated in Singapore to talk about security issues in the
disaster resilient and reduce loss of lives. It is the first of its Asia-Pacific region.
kind of national plan prepared in India.
India has gifted 2,000 bicycles to poor dalit girls in States in India Current Affairs
different Govt. schools of Nepal to encourage them to enrol Haryana Govt. has launched Asias first Gyps Vulture
in schools and enhance the literacy rate among them. Reintroduction Programme at the Jatayu Conservation
The PM has approved the proposal for enhancing the age of Breeding Centre at Pinjore.
superannuation of all doctors of the Central Health Service to Bihar CM Nitish Kumar has launched Right to Public
65 years with effect from 31st May 2016. Grievance Redressal Act. The act seeks disposal of peoples'
India and Morocco have launched the India-Morocco complaints or redressal of grievances from Govt. officials
Chamber of Commerce and Industry (IMCCI) in Rabat which within 60-days.
was inaugurated by Vice President Mohammad Hamid Ansari Odisha is first in the country to give transgender people social
and Moroccan PM Abdelilah Benkirane to accelerate the pace welfare benefits - such as a pension, housing and food grains.
of economic development between the two countries. The The Cabinet has given its ex-post facto approval to the
motto of that chamber is, "Shake hands, strengthen ties, go proposal for Chennai Metro Rail Phase-I Project from
with IMCCI." Washermanpet to Wimconagar. It covers a length of 9.051
km.
International Current Affairs Eknath Khadse, the most senior minister in the Maharashtra
PM Narendra Modi and Afghanistan President Dr Ashraf Govt., has resigned amid twin scandal over an illicit land deal
Ghani inaugurated the Afghan-India Friendship Dam in Herat and his cellphone allegedly appearing in the call records of
province in Western Afghanistan. The Dam was earlier most-wanted gangster Dawood Ibrahim.
known as Salma Dam on the river Chist-e-Sharif in western Assam Assembly has passed the Assam Ease of Doing
Herat neighboring Iran. Business Bill, 2016. The bill has the provision for speedy
The BRICS Development Bank, i.e New Development Bank is processing of applications and issue of clearances for setting
set to issue its first yuan-denominated bonds, which is also up industries.
known as 'green bonds'. Madhya Pradesh Govt. and Tata Trusts (TT) have signed an
The world's longest and deepest rail tunnel, running under agreement on implementing interventions in healthcare
the Switzerland Alps, inaugurated in Switzerland. The 57- areas like nutrition, mental health and cancer care in the
kilometer Gotthard Base Tunnel connected north and south state.
Europe. The Odisha Govt. has decided to create 500 more gram
Middle East peace summit will begin in Paris. panchayats in addition to the existing 6,234 ahead of the
Asias largest technology trade show COMPUTEX has kicked panchayat elections due in February next year.
off in Taipei, Taiwan. Organized by TAITRA (Taiwan External Dashar Maha Kumbh is being organised on the confluence of
Trade Development Council) and TCA (Taipei Computer sacred rivers Sindhu and Vitasta in Ganderbal district of
Association). Kashmir after a period of 75 years.
US Secretary of State John Kerry will host the third "Our CM of Gujrat, Anandiben Patel has launched two state-wide
Ocean" conference in September at Washington DC, US. campaigns against malnutrition at Ahwa town in Dangs
The US President Barack Obama has become the first US district. Bal Amritam' and Mission Shakti' campaigns, iron-
president to visit the site of the Hiroshima atomic bombing. rich supplementary food would be provided to children and
The World leaders begin two days of G7 talks in Japan. women, whether they live in towns or remote forested areas.

32
PM Narendra Modi has flagged off, the first ever direct train ONGC Videsh Ltd signed a pact with the trading arm of
between Kamakhya in Assam to Katra Vaishno Devi in J&K Azerbaijan's state energy company SOCAR (State Oil
which will connect the two pilgrim towns of Devi Peeth of Company of Azerbaijan Republic) to foray into oil trading.
Maa Kamakhya and Shri Mata Vaishno Devi shrine. Reliance Industries has sold its stake in African fuel retailer
Gulf Africa Petroleum Corporation (GAPCO) to Total S. A. of
New Appointments France.
Congress Legislature Party leader V Narayanasamy has Mahindra and Mahindra signed a brand licence agreement
sworn in as CM of the UT of Puducherry. with Italian car designer Pininfarina for using trademarks
CR Sasikumar has taken over as MD of State Bank of after closing the deal to acquire 76.06% stake in the Turin-
Travancore. based company.
P Sreeramakrishnan of the CPI (M) that leads the Left
Democratic Front elected Speaker of the Kerala Assembly. Mou/Agreements Signed
NK Chari has been appointed MD of the State Bank of Mysore. India and Qatar have signed seven agreements in various
Admiral Sunil Lanba taken over as the new Chief of Naval fields to boost bilateral ties which includes investment on
Staff. tourism and trading enhancement. These agreements were
President Pranab Mukherjee has appointed Bhim Sain Bassi, signed in presence the of PM Narendra Modi and Qatar Emir
IPS (Retd) as a member of Union Public Service Commission Tamim Bin Hamad Al Thani with Qatar PM Abdullah Bin
(UPSC). Nasser Bin Khalifa Al Thani in Doha. The signed MoU
Navin Agarwal has been appointed as the chief of National includes- 1. MoU for investment in National investment and
Anti-Doping Agency (NADA), working for dope-free sports. infrastructure fund (NIIF), 2. MoU on cooperation in tourism,
3. Agreement on cooperation and mutual assistance in
Economy custom matters, 4. MoU on Finance Intelligence Unit-India
The CCEA has given its approval for the increase in the (FIU-IND) and Qatar Financial Information Unit (QFIU), 5.
Minimum Support Prices (MSPs) for all Kharif Crops of 2016- MoU in the field of youth and sports, 6. MoU on cooperation
17 Season. A bonus of Rs. 425 per quintal will be paid for in skill development and recognition of qualifications, 7. MoU
dalhan (pulses), Rs. 100 for tilhan (oilseed) and Rs. 200 for til on cooperation in the field of health.
(sesamum). The Indian Govt. and the ADB have signed an agreement for
India's economy will grow by 7.7% in the current fiscal, a $200 million loan to upgrade 176-km roads in Jharkhand.
according to the survey by the Federation of Indian India and Tunisia have signed two MoUs for co-operation in
Chambers of Commerce and Industry (FICCI). Information Technology and promotion of traditional
The Govt. has enforced the decision of retirement fund body handicrafts.
EPFO to almost double the maximum sum assured under its India and United States have signed an MoU to enhance
insurance scheme from 3.6 lakh to Rs 6 lakh for its 4 cr. cooperation on energy security, clean energy and climate
subscribers. change in New Delhi with an aim to promote sustainable
growth.
Banking Current Affairs Cabinet has given its approval for signing of a MoU between
BSE, Asias oldest bourse, has received the Reserve Bank India and United States (US) to enhance cooperation in the
approval to start an online bidding platform for Sovereign field of wildlife conservation and combating wildlife
Gold Bond scheme. trafficking.
The Cabinet has approved the proposal to set up India Post Cabinet has also given its approval for signing of a MoU
payment bank as Public Limited Company under Department between India and Qatar for strengthening cooperation in the
of Posts, with 100% Govt. equity. The total architecture of field of Tourism.
postal payments bank is of rs. 800 cr. which will have Rs. 400 An agreement between the authorized Govt.al agencies of the
cr. equity and Rs. 400 cr. grant. Govt. of India and United States of America (USA) have been
Country's largest private sector lender ICICI Bank has cut its signed for the exchange of terrorist screening information.
marginal cost of funds-based lending rate (MCLR) by 0.05%. India and Morocco have signed five MoU covering fields as
RBL Bank is going to launch an Entrepreneur-in-Residence diverse as water resources management, television
(EIR) programme for fintech start-ups in the next 9-12 broadcasting, institutional co-operation and cultural and
months. educational exchanges, further providing venues for
enhanced cooperation.
BUSINESS NEWS The Govt. of India and the World Bank has signed a 9.2 million
HDFC Ergo General Insurance, the insurance arm of mortgage US dollar grant agreement under the World Bank-Global
lender HDFC, has acquired LANDT General Insurance for Rs Environment Facility (GEF) Programme for the Efficient and
551 cr. Sustainable City Bus Service Project.
E-commerce giant Flipkart has introduced 'No Cost EMI'
option.
Tamil actor and director Balu Anand died following a massive
Obituaries heart attack at his house in Kalampalayam. He was 62 year
Muhammad Ali, former world magnificent heavyweight old.
boxing champion has died at 74. Eden Garden's renowned curator Prabir Mukherjee has
passed away in Kolkata. He was 86 year old.
33
Famous comic star Razzak Khan passed away after having a eating bacteria to produce liquid fuels from CO2.This
heart attack in Mumbai. artificial photosynthesis device has been dubbed bionic leaf
Eminent actress and theatre personality Sulabha Deshpande 2.0.
has passed away in Mumbai. She was 79 years old. United states (US) space agency NASA (NASA) has
India's first Mr Universe Manohar Aich has passed away in successfully deployed the first experimental inflatable room
Kolkata. He was 104 years old. attached to the International Space Station (ISS). The
experimental inflatable room dubbed as BEAM (Bigelow
Sports Current Affairs Expandable Activity Module) was deployed after it was
The Indian Boxing Council has been granted affiliation by the successfullyExpanded and pressurized.
Commonwealth Boxing Council. Dubai has opened the world's first functioning 3D-printed
Veteran Indian tennis star Leander Paes completed a 'Career office building.
Slam' in mixed doubles with Swiss partner Martina Hingis Indian Space Research Organisation (ISRO) has successfully
with a hard-fought win over compatriot Sania Mirza and Ivan launched its maiden indigenous winged Reusable Launch
Dodig, in Paris. It was 18th Grand Slam title for Paes. Vehicle (RLV) from Sriharikota spaceport in Andhra Pradesh.
Argentina (1st) and Belgium (2nd) continue to hold on to the It was carried up on a solid rocket motor (SRM). The 9 ton
top two spots in the latest FIFA rankings, with Colombia SRM was designed to burn slowly to accommodate the
rounding up the top three. India have fallen down one spot to vertical lifting of winged body.
163.
World number one Tennis Player Novak Djokovic has Awards and Recognition
become the first professional tennis player to earn more than V.O. Chidambaranar Port has bagged National Award for
$100 million in prize money. Excellence in Cost Management for the year 2015 from The
Dave Richardson, the Chief Executive Officer of the Institute of Cost Accountants of India (ICAI).
International Cricket Council has stated that a league system A Qatar-based Indian banker Dr. R Seetharaman has been
for Test Cricket will be in place by the end of 2019. awarded with the 2016 Green Economy Visionary award.
Sri Lanka seamer Nuwan Kulasekara has announced his PM Narendra Modi was conferred with Afghanistan's highest
retirement from Tests to focus on limited-overs cricket. civilian honour, the Amir Amanullah Khan Award.
Garbine Muguruza of Spain has won the French Open Renowned Indian sand artist Sudarsan Pattnaik has won the
Womens Singles tennis title at the Roland Garros stadium in gold medal in people's choice prize at world championship
Paris, France. festival of sand sculpting Russe, 2016, held in Bulgaria.
South Asian Games gold medallist Indian judoka Avtar Singh
has qualified for the 2016 Rio Olympic Games. Current Schemes/App/Portal Launched By State and Central
Serbian professional tennis player, Novak Djokovic defeated Govt.
Andy Murray to win his maiden French Open title. CM of Haryana, Manohar Lal Khattar laid the foundation
French Open 2016: In Brief stone of Jai Jawan Awas Yojna (JJAY), an initiative to provide
1. Men's Singles - Novak Djokovic affordable housing to serving and retired JCOs and Other
2. Women's Singles - Garbie Muguruza Ranks at Bahadurgarh, Haryana. The project is being
3. Men's Doubles - Feliciano Lpez and Marc Lpez executed by Army Welfare Housing Organization and aims to
4. Women's Doubles - Caroline Garcia and Kristina provide low cost housing.
Mladenovic The Telecom Regulatory Authority of India (TRAI) has
National football team goalkeeper Gurpreet Singh SANDhu launched a mobile application for telecom subscribers to
has achieved a historic feat as he became the first Indian to register their complaints against pesky calls and SMSes to
feature in a top-tier league match in Europe by turning out tighten the noose on telemarketers.
for his Norwegian side Stabaek FC. The Income Declaration Scheme which seeks to provide an
opportunity to all person who have not declared their income
Defence Current Affairs correctly in previous years to come forward and declare
India has joined the Hague Code of Conduct against Ballistic undisclosed incomes, will open today and will remain in force
Missile Proliferation (HCoC) to further strengthen global till 30th of September, 2016. The Scheme is part of Finance
non-proliferation. Act, 2016 and will provide an opportunity to domestic black
money holders to come clean by paying tax and penalty of 45
Science and Tech. Current Affairs % on undisclosed assets.
China has successfully launched three (one domestic and two Delhi CM Arvind Kejriwal has launched a mobile app, 'DVAT
foreign) satellites namely Ziyuan III 02 satellite and two M SEWA' app through which city traders can register
NewSat satellites. . themselves with the VAT department of Delhi Govt., a move
A team of scientists from Harvard University (United States) that is aimed at encouraging them to boost its tax collection.
has created a unique bionic leaf that uses sunlight (solar
energy) to split water molecules into oxygen and hydrogen-
Miscellaneous Current Affairs The Cabinet Committee on Economic Affairs given its
World Environment Day (WED) was observed globally on 5 approval for a new broad gauge line between Mau Station of
June 2016 with theme Zero tolerance for the illegal trade in North Eastern Railway and Tarighat Terminal station of East
wildlife. Central Railway.

34
Two Indian-origin women have featured on the Forbes'
annual list of America's 60 wealthiest and most successful
self-made women entrepreneurs. India-born Neerja Sethi,
who co-founded IT consulting and outsourcing firm Syntel
with her husband Bharat Desai, is ranked 16th on 'America's
Richest Self-made Women' list while president and CEO of
Arista Networks Jayshree Ullal is ranked 30th. The richest
self-made woman in America is Diane Hendricks, the owner
of ABC Supply.
Suresh Prabhakar Prabhu has flagged off the inaugural run of
the Tiger Trail Circuit Train from Delhi Safdarjung Station.
The launch of this Tiger Express on World Environment Day
(June 5) is to highlight the significance of environment in our
lives.
India ranks 5th in the world in renewable energy (RE) job
creation, with 416,000 employed in the sector during 2015.
India, the worlds third largest steel producer, was among the
top 10 importers of the alloy in 2015, according to the latest
data by the global industry body World Steel Association
(WSA). Thr top importer is European Union (EU) as a bloc 10th Asian Film Awards 2016 concluded: 'The Assassin'
followed by US. Dominates with Eight Awards
and the 63rd National Awards goes to The 10th edition of Asian Film Awards (AFA), held at the Venetian
Best Film: Baahubali - The Beginning Theatre in Macau, China, honoured diverse talents across Asian
Best Director: Sanjay Leela Bhansali for 'Bajirao Mastani' cinema. The list of the awards given is given below:
Best Actor: Amitabh Bachchan for 'Piku'
Best Actress: Kangana Ranaut for 'Tanu Weds Manu Returns' Assassin wins more than half of the 15 awards presented in
Indira Gandhi Award for Best Debut Film Of A Director: the Asian film awards
Neeraj Ghaywan, Masaan Best Film: The Assassin
Best Popular Film Providing Wholesome Entertainment: Best Director: Hou Hsiao-Hsien for The Assassin
Bajrangi Bhaijaan Best Actress: Shu Qi for The Assassin
Best Choreography: Remo DSouza, Deewani Mastani song in Also, Ranveer Singh and Deepika Padukone's "Bajirao Mastani"
Bajirao Mastani won the Best Visual Effects award.
Best Malayalam Film: Pathemari, Artistically narrated saga
of 2 generations of Malayali workers who migrated to gulf for 69th British Academy Film Awards, held in Central London
livelihood at the Royal Opera House
Best Tamil Film: Visaaranai In this year, The Revenant' scooped the best film, best actor and
Best Sanskrit Film: Priyamanasam best director awards.
The List of Other awards of BAFTA's which are presented
The Govt. Of India Has Slashed The Interest Rates On are as follows:
Provident Fund, Kisan Vikas Patra and On Small Saving Outstanding British Film: Brooklyn.
Schemes Best Director: Alejandro G. Irritu (The Revenant).
The Govt. of India has slashed the interest rates on Provident Best Actor: Leonardo DiCaprio (The Revenant).
Fund, Kisan Vikas Patra and on Small Saving Schemes. The Best Actress: Brie Larson (Room).
Govt. has reduced these rates on all small saving schemes across Best Original Screenplay: Tom McCarthy and Josh Singer
the board. The new rates will come into effect on April 1 and (Spotlight).
will be valid till June 30. Best Adapted Screenplay: Adam McKay and Charles Randolph
Please see the below image for all the Interest rate cut imposed (The Big Short).
by the GOI on Small Saving Schemes. Note: Most awards: The Revenant (5 wins) Most nominations:
Bridge of Spies and Carol (9 nominations each)
All about the 58th Grammy's Award 2016
The Important winners in this year Grammy Awards were:

Record of the Year: Mark Ronson feat. Bruno Mars, "Uptown
Funk"
Album of the Year: Taylor Swift, 1989
Best New Artist: Meghan Trainor
Best Rock Performance: Alabama Shakes, "Don't Wanna Fight"
Best Musical Theater Album: Hamilton
Song of the Year: Ed Sheeran, "Thinking Out Loud"

35
and the Oscars 2016 award goes to.... tonnes of the precious metal worth $800 billion lying
In the Oscars 2016, Leonardo Dicaprio wins Best Actor for The idle with households.
Revenant, Brie Larson is Best Actress while the bollywood b) PM Narendra Modi launched three gold related
star Priyanka Chopra presents the Oscars and makes her Oscar
schemes- Gold Monetisation Scheme (GMS), Gold
debut.
The complete list of awards are as follows: Sovereign Bond Scheme and the Gold Coin and Bullion
Best PICTURE : Spotlight Scheme.
Best ACTOR : Leonardo DiCaprio, The Revenant c) He also unveiled the first ever Indian gold coin and
Best ACTRESS Brie Larson, Room bullion, bearing national emblem Ashok Chakra on one
Best SUPPORTING ACTOR : Mark Rylance, Bridge of Spies side and Mahatma Gandhi's image engraved on the
Best SUPPORTING ACTRESS : Alicia Vikander, The Danish Girl
other side. Initially the coins will be available in
Best DIRECTOR : Alejandro Irritu, The Revenant
Best ADAPTED SCREENPLAY : The Big Short, Charles denominations of 5 and 10 grams. The 20 grams bullion
Randolph and Adam McKay will also be available through 125 MMTC outlets.
Note: The maximum number of awards is won by Mad Max: Fury d) The Gold Monetisation Scheme (GMS), 2015 will offer
Road (6 awards) option to resident Indians to deposit their precious
metal and earn an interest of up to 2.5%; while under
73rd annual Golden Globe Awards announced the Sovereign Gold Bonds Scheme, investors can earn an
The 73rd Golden Globe Awards honored the best in film and interest rate of 2.75% per annum by buying paper
American television of 2015. The Revenant was only three-time
bonds.
winner at the 73rd annual awards, taking Best Actor for star
Leonardo DiCaprio and Best Director for Alejandro G. Iarrito Must know Points on Sovereign Gold Bond Scheme 2015
along with Best Picture.
Brief List of Winners at the 2016 Golden Globe Awards: SGBs are Govt. securities denominated in grams of gold
Best Motion Picture Drama: The Revenant and will be issued by Reserve Bank on behalf of Govt. of
Best Performance by an Actor in a Motion Picture India.
Drama: Leonardo Dicaprio, The Revenant Persons resident in India as defined under Foreign
Best Performance by an Actress in a Motion Picture Exchange Management Act, 1999 are eligible to invest in
Drama: Brie Larson, Room SGB. Eligible investors include individuals, HUFs, trusts,
Best Motion Picture Musical or Comedy: The Martian universities, charitable institutions, etc.
Best Performance by an Actress in a Motion Picture The Bonds are issued in denominations of one gram of
Musical Or Comedy: Jennifer Lawrence, Joy gold and in multiples thereof. Minimum investment in the
Best Performance by an Actress in a Television Series Bond shall be two grams with a maximum buying limit of
Drama: Taraji P. Henson, Empire 500 grams per person per fiscal year.
Best Director Motion Picture: Alejandro Gonzalez, The The Bonds bear interest at the rate of 2.75% (fixed rate)
Revenant per annum on the amount of initial investment.
Bonds are sold through scheduled commercial banks and
61st Filmfare Awards designated Post Offices either directly or through their
The Grand annual 61st Filmfare Awards event was organised in agents like NBFCs, NSC agents, etc.
Mumbai, Maharashtra on January 15, 2016. Bajirao Mastani was Price of bond will be fixed in Indian Rs. on the basis of the
8 awards was the film winning highest number of awards. Awards previous weeks (Monday Friday) simple average price
in various categories are for gold of 999 purity published by the India Bullion and
Best Actor: Ranvee Singh (Bajirao Mastani) Jewellers Association Ltd. (IBJA). The issue price will be
Best Actress: Deepika Padukone (Piku) distributed by RBI
Best Film: Sanjay Leela Bhansali (Bajirao Mastani) Though the tenor of the bond is 8 years, early
Best Director: Sanjay Leela Bhansali (Bajirao Mastani) encashment/redemption of the bond is allowed after fifth
Lifetime Achievement: Moushumi Chatterjee year from the date of issue on coupon payment dates.
Best Debut Director: Neeraj Ghaywan (Massan)
TDS is not applicable on the bond. However, it is the
Best Debutant (Male): Sooraj Pancholi (Hero)
responsibility of the bond holder to comply with the tax
Best Debutant (Female): Bhumi Pednekar (Dum Laga Ke
laws.
Haisha)
Critics Award for Best Film : Piku Gold Monetisation Scheme, 2015
Critics Award for Best Actor (Male): Amitabh Bachchan
(Piku) The scheme is aimed at converting an estimated 20,000
tonnes of idle gold worth Rs 540,000 cr. in family lockers
GOLD SCHEMES LAUNCHED BY GOI and temples into the banking system.
The GMS will replace the existing Gold Deposit Scheme,
1999.
a) PM Narendra Modi launched three ambitious schemes to
Resident Indians (Individuals, HUF, Trusts including
reduce the physical demand for gold and fish out 20,000
Mutual Funds/Exchange Traded Funds registered under

36
SEBI (Mutual Fund) Regulations and Companies) can Test:
make deposits under the scheme. 1. England 2017 (for first time).
The minimum deposit at any one time shall be raw gold 2. India - 2021.
(bars, coins, jewellery excluding stones and other metals) FIFA (Football) World Cup venue: - RQ
equivalent to 30 grams of gold of 995 fineness. There is no 1. 2018 : Russia
maximum limit for deposit under the scheme. The gold 2. 2022: Qatar
will be accepted at the Collection and Purity Testing Commonwealth Games venues:
Centres (CPTC) certified by Bureau of Indian Standards 1. 2014 Glasgow (Scotland).
(BIS) and notified by the Central Govt. under the Scheme. 2. 2018 Gold Coast (Australia).
The deposit certificates will be issued by banks in Olympics Games venues:
equivalence of 995 fineness of gold. 1. 2014 winter: Sochi (Russia) Russia tops in the medal tally in
The principal and interest of the deposit under the scheme 2014 winter Olympic games.
will be denominated in gold. 2. 2016 Summer: Rio de Janeiro (Brazil)
The designated banks will accept gold deposits under the 3. 2018 winter: Pyeongchang (South Korea)
Short Term (1-3 years) Bank Deposit (STBD) as well as 4. 2020 summer: Tokyo (Japan)
Medium (5-7 years) and Long (12-15 years) Term Govt. Asian Games host cities:
Deposit Schemes. While the former will be accepted by 1. 2014: Incheon (South Korea) (Note: 2010 Asain Games held in
banks on their own account, the latter will be on behalf of Guangzhou, China).
Govt. of India. 2. 2019: Hanoi (Vietnam)
Interest on deposits under the scheme will start accruing
from the date of conversion of gold deposited into UN Headquarters
tradable gold bars after refinement or 30 days after the
receipt of gold at the CPTC or the banks designated International Organizations Headquarters
branch, as the case may be and whichever is earlier.
Facts related to Gold Coin/Bullion Scheme UNO (UN Org) New York
a) It is the first ever national gold coin minted in India. UNICEF New York
b) It is having National Emblem of Ashok Chakra engraved on UNCTAD (UN Conference on Trade Geneva
one side and Mahatma Gandhi on the other side. and Development)
c) The Coin weighs 5 and 10 grams. WHO (World Health Org) Geneva
d) The gold coin and bullion will carry advanced anti- ILO (International Labour Org) Geneva
counterfeit features and tamper proof packaging and WMO (World Meteorological Org) Geneva
hallmarked by Bureau of Indian Standards. World Intellectual Property Org Geneva
e) The gold coin and bullion will be of 24 carat purity and 999 International Standards Org. Geneva
fineness. IMF (International Monetary Fund) Washington DC
f) Aim: The Govt.'s move comes on the hope that Indians who World Bank Washington DC
is said to have an obsession for gold will prefer the UNESCO (UN Educational Scientific Paris
national coin over imported ones. and Cultural Org)
g) All coins will be hallmarked as per the BIS standards. OECD (Org. for Economic Paris
h) This coin will be distributed through the outlets of state- Cooperation and Dev.)
owned Metals and Minerals Trading Corporation of India. UNIDO (UN Industrial Dev. Org) Vienna
Some Abbreviations related to Gold Schemes IAEA (International Atomic Energy Vienna
CPTC- Collection and Purity Testing Centre Agency)
MLTGD - Medium and Long Term Gold Deposit OPEC(Organization of Petroleum Vienna
STBD- Short Term Bank Deposit Exporting Countries)
IBJA- India Bullion and Jewellers Association Ltd. Amnesty International London
Commonwealth of Nations London
Venues for the upcoming Tournaments IM(International Maritime London
Hockey World Cup 2018 Venue: Organization)
1. Mens Hockey World Cup India ICJ (International Court of Justice) The Hague
2. Womens Hockey World Cup - England
FAO(Food and Agricultural Rome
ICC World Cup Cricket Venue: Organization)
ODI: (One day International):
NATO(North Atlantic Treaty Brussels
1. Australia and New Zealand: 2015.
Organization)
2. England - 2019
Transparency International Berlin
3. India - 2023
T20 World Cup: SAARC(South Asian Association for Kathmandu
1. Bangladesh -2014. Sri Lanka defeat India to win the maiden Regional Coop.)
title. ASEAN (Association of South East Jakarta
2. India -2016. Asian Nations)
3. Australia - 2020. APEC (Asia Pacific Economic Forum) Singapore
37
Organization of Islamic Cooperation Jeddah Least Populous State - Sikkim
Most Literate State - Kerala (93.9%)
Revolutions in the field of agriculture in India: Least Literate State - Bihar (63.82%)
Black Revolution - Petroleum Production National Sex Ratio - Female : Male (940 : 1000)
Blue Revolution - Fish Production Highest Sex Ratio (State) - Kerala (1084 : 1000)
Brown Revolution - Leather/non conventional (India)/Cocoa Lowest Sex Ratio (State) - Haryana
production Highest Sex Ratio (UT) - Puducherry
Golden Fiber Revolution - Jute Production Least Sex Ratio (UT) - Damn and Dayyu (61 : 1000)
Golden Revolution - Fruits/Overall Horticulture Literacy of Male - 82.14%
development/Honey Production Literacy of Female - 65.46%
Green Revolution - Food grains Population Growth Rate - 17.64%
Grey Revolution - Fertilizer Highest fertility Rate - Meghalaya
Pink Revolution - Onion production/Pharmaceutical (India)/ Most literate UT - Lakshadweep (92.2%)
Prawn production Least literate UT - Dadra Nagar and Haweli
Red Revolution - Meat and Tomato Production Most Literate District - Serechhip (Mizoram)
Round Revolution - Potato Least Literate District - Dadra Naga and Haveli
Silver Fiber Revolution - Cotton Highest Density of Population - Bihar (1102 sq.km)
Silver Revolution - Egg/Poultry Production Lowest Density of Population - Arunachal Pradesh (17)
White Revolution (In India: Operation Flood) - Milk/Dairy Total number of districts - 640
production Highest Populous District - Thane (Mumbai)
Yellow Revolution - Oil Seeds production 100% Literacy District - Palakkad (Kerala)
Evergreen Revolution - Overall development of Agriculture. 100% Banking State - Kerala
100% Banking District - Palakkad (Kerala)
CENSUS Density of Population in India - 382 sq. km
1) The population of the country as per the provisional figures of Increase in population (during 2001-2011) - 181 million
Census 2011 is 1210.19 million of which 623.7 million
(51.54%) are males and 586.46 million (48.46%) are females. GRAND PRIX WINNERS 2016
The major highlights of the Census 2011 (Provisional figures) 1. AUSTRALIAN GP: Nico Rosberg
are as under: 2. BAHRAIN GP: Nico Rosberg
*The population of India has increased by more than 181 3. CHINESE GP: Nico Rosberg
million during the decade 2001-2011. 4. RUSSIAN GP: Nico Rosberg
2) %age growth in 2001-2011 is 17.64; males 17.19 and females 5. SPANISH GP: Max Verstappen
18.12. 6. MONACO GP: Lewis Hamilton
*2001-2011 is the first decade (with the exception of 1911-
1921---GREAT DEPRESSION) which has actually added lesser
population compared to the previous decade.
3) *Uttar Pradesh (199.5 million) is the most populous State
in the country followed by Maharashtra with 112 million.
Some of the highlights
Slogan - Our census, Our Future
India's 1st Census - 1872
2011 Census is - 15th Census
Total Population - 1,21,01,93,422
India's Rank in population - 2nd with 17.5% (1st China with
19%)
Most Populous State - Uttar Pradesh
THE MOST IMPORTANT 50 POINTS ON THE UNION BUDGET 2016-17
1. The total expenditure in the General Budget for 2016-17 has 7. Allocation under Pradhan Mantri Gram Sadak Yojana has
been projected at Rs.19.78 lakh cr., consisting of Rs.5.50 lakh been increased to Rs. 19,000 cr. and it will connect
cr. under Plan and Rs.14.28 lakh cr. under Non-Plan. remaining 65,000 eligible habitations by 2019.
2. 100 Cr. each allocated for celebrating Birth Centenary of 8. The target for agricultural credit in 2016-17 will be an
Pt Deen Dayal Upadhyay and 350th Birth Anniversary of all-time high of Rs. 9 lakh cr.. To reduce the burden of
Guru Gobind Singh loan repayment on farmers, a provision of Rs. 15,000 cr.
3. The fiscal deficit in RE 2015-16 and BE 2016-17 have been has been made in the BE 2016-17 towards interest
retained at 3.9% and 3.5% of GDP respectively. subvention.
4. Revenue Deficit target has been improved upon from 2.8% to 9. The Finance Minister informed that for effective
2.5% of GDP in RE 2015-16. implementation of PM Fasal Bima Yojana, Rs. 5,500 cr.
5. The Govt. will double the income of the farmers by 2022. have been provided in the Budget 2016-17.
6. Total allocation for Agriculture and farmers Welfare is
Rs. 35,984 cr..

38
10. Set the target for Soil Health Card Scheme coverage to 14 cr. 26. Proposed to increase the limit of deduction of rent paid
farm holdings by March, 2017. This will help farmers to make U/s.80 GG from Rs. 24,000 per annum to Rs.60,000 to provide
judicious use of fertilizer. relief to those who live in rented houses.
11. Parmparagat Krishi Vikas Yojana for bringing 5 lakh 27. Raise the ceiling of tax rebate U/s. 87A from Rs.2000 to
acres of rain fed areas under organic farming. Rs.5000.
12. Price Stabilisation Fund has been provided with a corpus of 28. Corporate Tax on the new manufacturing companies
Rs.900 cr. to support market interventions. incorporated on or after 1st March 2016 will be given an
13. 28.5 lakh hectares will be brought under Pradhan option to be taxed at 25% + Surcharge and Cess.
Mantri Krishi Sinchai Yojana. 29. To lower the Corporate Tax rate for the next financial year for
14. The Finance Minister announced creation of a dedicated Long companies with turnover not exceeding Rs.5 cr. (in the
Term Irrigation Fund in NABARD with an initial corpus of financial year ending March 15), to 29% +Surcharge and
about Rs. 20,000 cr.. Cess.
15. 62 new Navodaya Vidyalayas will be opened in the remaining 30. Create closer engagement b/w states and districts through
uncovered districts over the next two years. Ek Bharat, Shresth Bharat.
16. To set up a Higher Education Financing Agency (HEFA) with 31. New health protection scheme to provide health cover up
initial capital base of Rs. 1,000 cr.. to Rs. One lakh per family for economically weak
17. To incentivize creation of new jobs in the formal sector, GOI families. For senior citizens of age 60 and above, an
will pay the Employee Pension Scheme contribution of 8.33% additional top-up package up to Rs. 30,000 will be
for all new employees enrolling in EPFO for the first three provided.
years of their employment. The Scheme will be applicable to 32. National Dialysis Services Programme will be started to
those with salary up to Rs.15,000 per month and a budget provide dialysis services in all district hospitals.
provision of Rs.1000 cr. has been made for this. 33. Stand Up India Scheme to promote entrepreneurship
18. The surcharge increased from 12% to 15% on persons among SC/ST and women. Rs.500 Cr. has been provided for
having income above Rs. 1 cr.. this purpose.
19. Proposed to collect tax at source at the rate of 1% on 34. Rs. 2.87 lakh cr. will be given as Grant in Aid to Gram
purchase of luxury cars exceeding value of Rs. 10 lakh and Panchayats and Municipalities. It will translate to an
purchase of goods and services in cash exceeding Rs. 2 average assistance of over Rs. 80 lakh per Gram
lakh. Panchayat and over Rs. 21 cr. per Urban Local Body.
20. Proposed Krishi Kalyan Cess @ 0.5% on all taxable 35. Allocation of Rs. 38,500 cr. for MGNREGS.
services. It will come into effect from 1st June, 2016. 36. 100% village electrification by 1st May, 2018.
21. Proposed infrastructure cess of 1% on small petrol, LPG, 37. Under the Swachh Bharat Mission, Rs. 9,000 cr. has been
CNG cars, 2.5% on diesel cars of certain capacity and 4% provided.
on other higher engine capacity vehicles and SUVs. 38. To develop governance capabilities of Panchayati Raj
22. Clean Energy Cess levied on coal, lignite and peat was Institutions on the Sustainable Development Goals, a new
proposed to be renamed as Clean Environment Cess. Its rate scheme namely Rashtriya Gram Swaraj Abhiyan, for
was increased from Rs. 200 per tonne to Rs. 400 per tonne. which Rs. 655 cr. is being set apart.
23. Increase the excise duties on various tobacco products other 39. For rural development as a whole, Rs. 87,765 cr. have
than beedi by about 10 to 15%. been allocated.
24. Scheme to declare undisclosed income by paying 45% tax in 40. A massive mission to provide LPG connection in the
a given compliance window. This will include paying tax at name of women members of poor households for which
30% and surcharge at 7.5% and penalty at 7.5%, which is a Rs. 2000 cr. have been earmarked. This will benefit
total of 45% of the undisclosed income. The surcharge about 1 cr. 50 lakh households below the poverty line in
levied at 7.5% of undisclosed income will be called 2016-17.
Krishi Kalyan surcharge which will be used for 41. To spread digital literacy in Rural India, 2 new Schemes
agriculture and rural economy. Govt. of India plan to open approved viz. National Digital Literacy Mission and
the window under this Income Disclosure Scheme from 1st Digital Saksharta Abhiyan (DISHA).
June to 30th September, 2016. 42. Together with the capital expenditure of the Railways, the
25. Dispute Resolution Scheme total outlay on roads and railways will be Rs. 2,18,000 cr.. He
A taxpayer who has an appeal pending as of today before the said 10,000 kms. of National Highways are expected to be
Commissioner (Appeals) can settle his case by paying the approved in 2016-17.
disputed tax and interest up to the date of assessment. 43. Deduction for additional interests of Rs.50,000 per annum
No penalty in respect of Income-tax cases with disputed tax for loans up to Rs.35 lakh sanctioned in 2016-17 for first time
up to Rs. 10 lakh will be levied. home buyers, where house costs does not exceed Rs.50 lakh.
Cases with disputed tax exceeding Rs. 10 lakhs will be 44. SARFAESI Act is to be amended to strengthen Asset
subjected to only 25% of the minimum of the imposable Reconstruction Companies. This will help in dealing with
penalty for both direct and indirect taxes. stressed assets of Banks.
Any pending appeal against a penalty order can also be 45. Target of amount sanctioned under Pradhan Mantri Mudra
settled by paying 25% of the minimum of the imposable Yojana is proposed to increase to Rs 1,80,000 cr..
penalty. 46. General Insurance Companies will be listed in stock
exchanges.

39
47. RBI Act 1934 is being amended to provide statutory basis for Statistics and Programme General VK Singh
a Monetary Policy Framework and a Monetary Policy Implementation, External Affaris,
Committee through the Finance Bill 2016. Overseas Indian Affaris
48. Allocation of Rs. 25,000 cr. towards recapitalisation of Planning, Defence Inderjit Singh Rao
PSBs AAYUSH, Health and Family Welfare Shripad Yesso Naik
49. Considering reduction of Govt. equity in IDBI Bank to 49% of Petroleum and Natural Gas Dharmendra Pradhan
below Youth Affairs and Sports Sarbananda Sonowal
50. He said 100% FDI will be allowed through FIPB route in Environment, Forest and Climate Prakash Javadekar
marketing of food products produced and manufactured Change
in India. Power, Coal, New and Renewable Piyush Goyal
Energy
Whos who? Development of North Eastern Dr. Jitendra Singh
Region, PMs Office, Personnel,
Cabinet Ministers Public Grievances and Pensions,
Portfolio Minister Department of Atomic Energy,
Home Affairs Rajnath Singh Department of Space
External Affairs, Overseas Indian Sushma Swaraj
Affairs Important National Officials
Finance, Corporate Affairs, Arun Jaitley Designation Name
Information and Broadcasting Chairperson, CBDT Atulesh Jindal
Urban Development, Housing and M. Venkaiah Naidu Chairperson, National Commission Rameshwar Oraon
Urban for Scheduled Tribes
Poverty Alleviation, Parliamentary Chairperson, UGC Ved Prakash
Affairs Chairman, ISRO AS Kiran Kumar
Road Transport and Highways, Nitin Jairam Gadkari Chairman, Atomic Energy Shekhar Basu
Shipping Commission
Defence Manohar Parrikar Chairperson, TRAI Ram Sevak Sharma
Railways Suresh Prabhu Chairperson, National Highways Raghav Chandra
Law and Justice DV Sadananda Gowda Authority of India
Water Resources, River Uma Bharati Director, National Cadet Corps A. Chakravarty
Development and Chairperson, Central Board of YSK Seshukumar
Ganga Rejuvenation Secondary Education
Minority Affairs Dr. Najma A. Heptullah Chairperson, Insurance Regulatory TS Vijayan
Consumer Affairs, Food and Public Ramvilas Paswan and Development Authority of India
Distribution Chairperson, Press Council of India CK Prasad
Micro, Small and Medium Kalraj Mishra Director General, BSF Devendra Kumar
Enterprises Pathak
Women and Child Development Maneka Sanjay Gandhi Director General, SSB Archana
Chemicals and Fertilizers Ananthkumar Ramasundaram
Communications and Information Ravi Shankar Prasad Director General, CRPF Prakash Mishra
Technology Director General, ITBP Krishna Chaudhary
Health and Family Welfare Jagat Prakash Nadda Solicitor General Ranjit Kumar
Civil Aviation Ashok Gajapathi Raju Attorney General Mukul Rohtagi
Heavy Industries and Public Anant Geete Chairperson, National Green Justice Swatantra
Enterprises Tribunal Kumar
Food Processing Industries Harsimrat Kaur Badal Director, NCERT Hrushikesh Senapaty
Mines, Steel Narendra Singh Tomar President, ASSOCHAM Sunil Kanoria
Rural Development, Panchayati Raj, Chaudhary. Birender Chairman, Indian Banks Association TM Bhasin
Drinking Water and Sanitation Singh
President, NASSCOM R. Chandrashekhar
Tribal Affairs Jual Oram
Chairman, Press Trust of India Hormusji N. Cama
Agriculture Radha Mohan Singh
Social Justice and Empowerment Thaawar Chand Gehlot Bureaucrats
Human Resource Development Smriti Zubin Irani Designation Name
Science and Technology, Earth Dr. Harsh Vardhan National Security Advisor Ajit Kumar Doval
Sciences
Chairman, Railway Board AK Mittal
Director, Central Bureau of Anil Kumar Sinha
Ministers of State (Independent Charge)
Investigation (CBI)
Portfolio Minister
Chief, Intelligence Bureau (IB) Dineshwar Sharma
Chief, Research and Analysis Wing Rajendra Khanna
(RAW)
40
Director General, NIA Sharad Kumar MD, International Monetary Fund Christine Lagarde
President, World Bank Jim Yong Kim
Important Dignitaries Vice-President, World Bank Hiroshi Naka
Post Name Director-General, World Trade Roberto Azevedo
Chief Justice, Supreme Court Tirath Singh Thakur Organisation
Speaker, Lok Sabha Sumitra Mahajan President, UN General Assembly Mogens Lykketoft
Deputy Speaker, Lok Sabha M. Thambidurai Director-General, World Health Margaret Chan
Comptroller and Auditor General of Shashikant Sharma Organisation
India President, International Court of Justice Peter Tomka
Chief Election Commissioner Naseem Zaidi President, ADB Takehiko Nakao
Chairman, Union Public Service Deepak Gupta President, International Olympic Thomas Bach
Commission Committee
Deputy Chairman, Rajya Sabha PJ Kurien Administrator, NASA Charles F. Boldon
President, UN Human Rights Council Remigiusz Henczel
Directors of Maharatna/Navaratna Companies Director-General, International Atomic Yukiya Amano
Maharatna Chairman/MD Energy Agency
Bharat Heavy Electricals Limited BP Rao Secretary-General, NATO Jens Stoltenberg
Coal India Limited S. Bhattacharya Secretary-General, ASEAN Lee Luang Minh
Gas Authority of India Limited BC Tripathi Secretary-General, SAARC Arjun Bahadur
Indian Oil Corporation Limited B. Ashok Thapa
Oil and Natural Gas Corporation DK Sarraf Secretary-General, Commonwealth Patricia Scotland
Steel Authority of India Limited PK Singh President, FIFA Gianni Infantino
National Thermal Power Gurdeep Singh President, International Cricket Council Zaheer Abbas
Corporation Chairman, International Cricket Council Shashank
Manohar
Important International Officials President, International Paralymic Philip Craven
Designation Name Committee
Secretary-General, UN Organisation Ban Ki-moon
FINANCIAL BANKING AWARENESS
RBI Act. It issues directions, carries inspection (on-site as well as off-

i. RBI established on April 1, 1935 under RBI Act 1934 site) and exercises management control.
(recommendations of John Hilton Young Commission 1926
called Royal Commission on Indian Currency and Finance), is the Controller of credit: RBI can fix interest rates (including Bank
central bank of the country and was nationalised w.e.f Jan Rate) and exercise selective credit controls. Various tools such as
01,1949. change in cash reserve ratio, stipulation of margin on securities,
ii. Originally it was a shareholders bank which was taken over by directed credit guidelines etc. are used for this purpose. It also
the Central Govt. under Reserve Bank (Transfer of Public carries sale and purchase of securities which are known as open
Ownership) Act 1948 (paid up capital Rs. 5 cr). market operations.
iii. RBIs central office is in Mumbai.
Maintenance of external value: RBI is responsible also for
Functions of RBI: maintaining external value of Indian currency as well as the
Issuance of currency: RBI is the authority in India to issue internal value. Foreign exchange reserves are held by RBI and it
currency notes (called bank notes) under signatures of Governor. has a wide power to regulate foreign exchange transactions
(One rupee note called currency note is issued by the Central under Foreign Exchange Management Act (FEMA).
Govt. and signed by Finance Secretary). The stock of currency is
distributed with the help of currency chests spread all over the BANKING REGULATION ACT 1949
country. a) Passed as the Banking Companies Act 1949 (came into force
Banker to Govt.: RBI transacts govt. business and manages wef 16.3.49 and changed to Banking Regulation Act 1949 w.e.f.
public debt. SBI or any other bank is appointed Agent where RBI 01.03.66, it was made applicable to J and K in 1956 (and now
does not have office. It provides Ways and Means advances to applicable throughout India).
Govt. b) The Act is not applicable to primary agricultural credit
Bankers bank: It keeps a part of deposits of commercial banks societies, cooperative land mortgage banks and non-agricultural
(as CRR) and acts as lender of last resort by providing financial primary credit societies.
assistance to banks. It provides export credit refinance, Liquidity
Adjustment Facility and Marginal Standing Facility. SCHEDULED BANK
Controller of Banks: An entity which is to conduct banking a) As per Sec 2 (e) of RBI Act, a scheduled bank means a bank
business in India has to obtain license from RBI. It acts as whose name is included in the 2nd schedule of RBI Act 1934.
controller of banks by including the banks in 2nd Schedule of the

41
b) A scheduled bank should satisfy the conditions which include It is determined as the%age of total Net Demand and Time
paid-up capital and reserves requirement of not less than Rs. 5 Liabilities (NDTL).
lac, satisfaction of RBI that the affairs will not be conducted by
the bank in a way to jeopardize the interests of the depositor. BANK RATE
(Commercial, Rural and many State Coop Banks are classified as It is defined in Sec 49 of RBI Act 1934 as the standard rate at
Scheduled Banks). which RBI is prepared to buy or rediscount bills of exchange or
c) A bank that is not included in the 2nd Schedule of RBI is called other commercial papers eligible for purchase under this act.
Non-scheduled Bank.
Total No. of Banks CASH RESERVE RATIO
d) Total PSBs: 27 CRR refers to the ratio of banks cash reserve balances with RBI
e) Total Private Sector Banks: 26 with reference to the banks net demand and time liabilities to
f) RRBs: 56 ensure the liquidity and solvency of the scheduled banks.
g) Foreign Banks: 46
h) Cooperative Banks: 43 ACCOUNTS IN A BANK
Savings Bank Account
IMPORTANT POINTS ON RBI Current Deposit Account
RBI is not expected to perform the function of accepting Fixed Deposit Account
deposits from the general public. Recurring Deposit Account.
RBI has its headquarters at Mumbai.
Prime lending rate is decided by the individual banks. a. Savings Bank Account
RBI decides the following rates namely; Bank rate, repo rate, The rate of interest on savings bank account varies from bank
reverse repo rate and cash reserve ratio. to bank and also changes from time to time. Interest rate is
The quantitative instruments of RBI are bank rate policy, paid to the account holders on daily balance basis.
cash reserve ratio and statutory liquidity ratio.
The objective of monetary policy of RBI is to control inflation; b. Current Deposit Account
discourage hoarding of commodities and encourage flow of This account is mainly for big businessmen, companies and
credit into neglected sector. institutions, since there are no restrictions on number of
When RBI is lender of the last resort, it means that RBI withdrawals from this type of account. From this account
advances credit against eligible securities. withdrawal can be made any number of times.
Govt. of India decides the quantity of coins to be minted. For the convenience of the account holders banks also allow
withdrawal of amounts in excess of the balance of deposit.
The method which is used currently in India to issue currency
note minimum reserve system. For issuing notes, RBI is This facility is known as overdraft facility.
required to hold the minimum reserves of Rs. 200 cr. of which
note less than Rs. 115 cr. is to be held in gold. c. Fixed Deposit Account (also known as Term Deposit
Account)
Money is deposited in a fixed deposit account to earn interest
POLICY RATES
at a higher rate.
Current Reserve Ratios and Policy Rates
d. Recurring Deposit Account
as on 3rd June 2016
The rate of interest allowed on the deposits in this account is
Bank Rate 7.00% higher than that on a savings bank deposit but lower than the
Repo Rate 6.50% rate allowed on a fixed deposit for the same period.
Reverse Repo Rate 6.00%
CRR 4% Important points to remember
SLR 21.25% a) Minimum age to open a bank account is now 10 years.
MSF 7.00% b) Maximum Interest rate is given on FD A/c.
Repo Rate c) The maximum period of an FD is 10 years and for RD is 10
Repo rate is the rate of interest which is levied on Short-Term years.
loans taken by commercial banks from RBI. Whenever the banks
have any shortage of funds they can borrow it from RBI. INTEREST RATE ON BANK ACOUNTS
Reverse Repo Rate A) Some points related to Interest Rates on Bank Accounts
This is exact opposite of Repo rate. Reverse repo rate is the rate {Differential rate of interest (DRI)}
at which commercial banks charge on their surplus funds with 1) Interest on Savings A/c is calculated on daily balance basis.
RBI. RBI uses this tool when it feels there is too much money 2) Now, All Scheduled Commercial Banks (Excluding RRBs) have
floating in the banking system. the discretion to offer differential interest rates based on
whether the term deposits are with or without-premature-
SLR Rate withdrawal-facility, subject to the following guidelines:
SLR (Statutory Liquidity Ratio) is the amount a commercial bank All term deposits of individuals (held singly or jointly) of
needs to maintain in the form of cash, or gold or Govt. approved Rs.15 lakh and below should, necessarily, have premature
securities (Bonds) before providing credit to its customers. withdrawal facility.

42
For all term deposits other than (i) above, banks can offer
deposits without the option of premature withdrawal as well. Demand liabilities : Current deposits, Demand liabilities
Banks should disclose in advance the schedule of interest portion of saving deposits, margins held against LC/LG, Balances
rates payable on deposits i.e. all deposits mobilized by banks in overdue FD, cash certificate and RD, Outstanding TTs, MTs and
should be strictly in conformity with the published schedule. DDs, Unclaimed deposits, Credit balance in CC a/c and Deposits
held as security for loan payable on demand.
B) Taxation of Savings Bank Interest rates:
Unlike interest on fixed deposits, interest earned on savings Time liabilities : FDs, cash certificate, cumulative and RDs, time
bank accounts is not subject to Tax Deduction at Source. liabilities portion of saving bank deposits, staff security deposits,
However, this does not mean the interest earned on Savings margins against LC not payable on demand, deposit held as
accounts is completely tax free. It is exempt upto Rs. 10,000 securities for advances and India Dev Bonds.
in a year, and if the interest you earn from Savings accounts
crosses this threshold, it becomes subject to tax. NEGOTIABLE INSTRUMENTS ACT 1881
In India the Negotiable Instruments Act was passed during 1881
C) Senior Citizens Savings Scheme, 2004: which came into force wef March 01, 1882.
The salient features of the Senior Citizens Savings Scheme,
2004 are given below: NEGOTIABLE INSTRUMENTS
NI means and include promissory note, bill of exchange and
Tenure of the 5 years, can be extended by 3 cheque payable to order or bearer. As per Indian Currency Act
deposit account years. (Sec 21), a Currency Note is not a Negotiable Instrument.
Rate of interest 9.3% per annum Categories of Negotiable Instruments
Investment to be in Rs. 1000/- As per the NI Act:
multiples of 1. Promissory note (including certificate of deposit and commercial
Maximum Rs. 15 lakh paper)
investment limit 2. Bill of Exchange
Minimum eligible 60 years (55 years for those who 3. Cheque
age for investment have retired on superannuation or 4. Demand Draft.
under a voluntary or special
voluntary scheme). What is negotiability?
Premature Permitted after one year of opening Negotiability means transfer of right in a negotiable instrument
closure/withdrawal the account but with penalty. to another person so as to constitute him the holder.
facility Parties to a Bill Of Exchange:
Modes of holding Accounts can be held both in single Drawer: The person who orders to pay (say seller of goods)
and joint holding modes. Joint Drawee: Who is directed to pay (say a buyer of goods). He is the
holding is allowed only with debtor.
spouse. Acceptor: The drawee becomes acceptor on acceptance of BOE
for payment.
Inoperative and Dormant Accounts Payee: Who is authorized to obtain the payment.
RBI clarified on 30.10.09 that SB account can be treated as
inoperative account only after 2 years from the date of the last CHEQUE
credit entry of interest on Fixed Deposit account, where FD A cheque is (a) a bill of exchange (b) drawn on a specified bank
interest is being credited to SB account or where dividend on and (c) not expressed to be payable otherwise than on demand.
shares is being credited). It includes electronic image of a truncated cheque and also an
electronic cheque.
TERMS RELATING TO DEPOSITS
Unclaimed Deposits: The banks are to furnish to RBI a statutory AMOUNT OF A CHEQUE
annual return (penalty for delay) for unclaimed accounts which Where amount of a cheque differs in words and figures, as per
have not been operated for a period of 10 years or more in Section 18, amount written in words should be paid irrespective
December every year u/s 26 of RBI Act. of the fact, which amount is less or more.
Legal amount and courtesy amount
Escheat: If a person dies without leaving any legal heirs, his The amount in words is called the legal amount and the amount
estate will revert to the State Govt. in figures is called the courtesy amount as per CTS 2010
guidelines of RBI.
Demand deposits: mean a deposit received by the bank which
is withdrawlable on demand. Types of Cheque
1. Bearer Cheque or open Cheque
Time deposits means a deposit received by the bank for a fixed When the words "or bearer" appearing on the face of the cheque
period and which is withdrawlable only after the expiry of the are not cancelled, the cheque is called a bearer cheque. The
said fixed period and shall also include deposits such as bearer cheque is payable to the person specified therein or to any
recurring, cumulative, annuity, reinvestment deposits and cash other else who presents it to the bank for payment.
certificate and so on.

43
2. Order Cheque person, the endorsement is said to be in full. Blank endorsements
When the word "bearer" appearing on the face of a cheque is can be converted into full.
cancelled and when in its place the word "or order" is written on
the face of the cheque, the cheque is called an order cheque. Such Restrictive endorsement
a cheque is payable to the person specified therein as the payee, Where an endorsement prohibits and restricts further
or to any one else to whom it is endorsed (transferred). negotiability of the instrument, it is called restricted
3. Crossed Cheque endorsement.
Crossing of cheque means drawing two parallel lines on the face The words Pay to Ashish only or Pay to Ashish for my use or
of the cheque with or without additional words like "and CO." or Pay to Ashish for account of B, are the cases of restrictive
"Account Payee" or "Not Negotiable". A crossed cheque cannot be endorsement.
encashed at the cash counter of a bank but it can only be credited1. Crossing
to the payee's account. Crossing of a cheque means two parallel transverse lines on the
face with or without words, such as and Co, not-negotiable,
4. Ante-Dated Cheque payees account only etc. The words without lines will not
If a cheque bears a date earlier than the date on which it is constitute crossing. Such instruments should not be paid as
presented to the bank, it is called as "ante-dated cheque". Such a drawers mandate is not clear.
cheque is valid upto 3 months from the date of the cheque. Crossing is applicable in case of cheques and demand draft
only and does not cover bill of exchange or promissory note.
5. Post-Dated Cheque
If a cheque bears a date which is yet to come (future date) then it TYPES OF CROSSING
is known as post-dated cheque. A post dated cheque cannot be General crossing (sec 123)
honoured earlier than the date on the cheque. General crossing is where a cheque bears across its face two
parallel transverse lines (with or without words such as and co
6. Stale Cheque or any abbreviation. (Words not important, lines are).
If a cheque is presented for payment after 3 months from the date
of the cheque it is called stale cheque. A stale cheque is not Special crossing (sec 124)
honoured by the bank. Where a cheque bears across its face, name of bank, either with
or without the words not-negotiable (lines are not important, the
7. A self cheque addition of name of the bank is important), that addition shall be
A self cheque is written by the account holder as pay self to deemed as special crossing and the cheque shall be considered to
receive the money in the physical form from the branch where he be crossed specially to that banker.
holds his account. Special Crossing in favour more than one bank: As per Section
8. A truncated cheque means a cheque which is truncated 127, if a cheque is crossed specially to more than one bank
during the course of a clearing cycle, either by the clearing (unless one bank is acting as collecting agent to another), the
house or by the bank whether paying or receiving payment, payment shall be refused. A cheque crossed to two or more
immediately on generation branches of the same bank is considered to be crossed to one
of an electronic image for transmission, substituting the bank only.
further physical movement of the cheque in writing. Not negotiable crossing
The expression clearing house means the clearing house As per Section 130, a person taking a cheque crossed generally or
managed by RBI or a clearing house recognised as such by the specially bearing the words not negotiable shall not have not be
Reserve Bank of India. capable of giving a better title to the cheque than that, which ther
p erson from whom he took it, had. If Ramesh obtains a cheque
Parties of a Cheque: without consideration, his title is defective. When he endorses
There are three parties to the cheque this cheque, the endorsee shall not be able to get a better title,
Drawer or Maker even if he paid the value.
The bank - on whom the cheque is drawn (i.e. the bank with
whom the account is maintained by the drawer) MATERIAL ALTERATION
Payee Payee is the person whose name is mentioned on the Material alteration is an alteration of an NI which brings basic
cheque to whom or to whose order the money is directed to be change in the operation/characteristic of the instrument (i.e.
paid. dilutes mandate of drawer) and liabilities of the parties thereto,
whether the change be beneficial or detrimental.
ENDORSEMENT Material alterations Alteration would be taken as material
As per Section 15, endorsing means signing on the face or when it relates to (a) change in date, sum payable; time of
backside of an instrument (or even on a paper called Allonge or payment; place of payment; rate of interest; (b) addition of new
stamped paper), for the purpose of negotiating (transferring to party; (c) tearing material part of the NI; (d) conversion of an
next person) a negotiable instrument. order cheque to bearer or cancellation of crossing.
Endorsement in full Demand Drafts

If an endorser signs his name and adds a direction to pay the Demand draft is defined as per Section 85 (a) of NI Act 1881 as
amount mentioned in the instrument to, or to order of, a specified an order to pay money drawn by one office of a bank upon

44
another office of the same bank for a sum of money payable to Accordingly, all the districts in the country have been allotted
order on demand. to various banks.
Important features of a demand draft are: The lead bank acts as a leader for coordinating the efforts of
It is payable to order on demand (85-A NI Act). all credit institutions in the allotted districts.
It cannot be issued as payable to bearer (Sec. 31 RBI Act).
If a bank fails to honour a bank draft, it renders itself liable for No Frill Account
damages. Similarly omission of signatures or wrong signatures 'No Frills 'account is a basic banking account. Such account
can also make the bank liable. requires either nil minimum balance or very low minimum
By prior arrangement, the paying bank could be a different bank balance. Charges applicable to such accounts are low.
also. The RBI in 2005-06 called upon Indian banks to design a no
frills account a no precondition, low minimum balance
BANKING OMBUDSMAN SCHEME 2006 maintenance account with simplified KYC (Know Your
The Banking Ombudsman Scheme enables a bank customer for Customer) norms.
filing of complaints relating to certain services rendered by But all the existing No-frills accounts opened were converted
banks. into BSBDA in compliance with the guidelines issued by RBI
1) The Banking Ombudsman is a senior official appointed by RBI to in 2012.
redress customer complaints against deficiency in certain
banking services. BSBDA
2) All Scheduled Commercial Banks, Regional Rural Banks and In 2012, RBI introduced BSBDA. Some important points are:
Scheduled Primary Co-operative Banks are covered under the This account shall not have the requirement of any minimum
Scheme. balance.
3) The Banking Ombudsman does not charge any fee for filing and The services available in the account will include: deposit and
resolving customers complaints. withdrawal of cash at bank branch as well as ATMs;
4) The maximum compensation which a BO can help a complainant receipt/credit of money through electronic payment channels
to get is Rs. 10 lakhs. or by means of deposit/collection of cheques drawn by
5) If a complaint is not settled by an agreement within a period of Central/State Govt. agencies and departments;
one month, the Banking Ombudsman proceeds further to pass an While there will be no limit on the number of deposits that can
award. Before passing an award, the Banking Ombudsman be made in a month, account holders will be allowed a
provides reasonable opportunity to the complainant and the maximum of four withdrawals in a month, including ATM
bank, to present their case. withdrawals.
6) If one is not satisfied with the decision passed by the Banking Facility of ATM card or ATM-cum-Debit Card.
Ombudsman, one can approach the appellate authority who is
the Deputy Governor of the RBI. Business Correspondent
Business correspondents are bank representatives. They
FINANCIAL INCLUSION personally go to the area allotted to them and carry out
Financial inclusion involves banking. They help villagers to open bank accounts, in
1) Give formal banking services to poor people in urban and rural banking transactions etc.
areas. Business Correspondents get commission from bank for
2) Promote habit of money-savings, insurance, pension-investment every new account opened, every transaction made via them,
among poor-people. every loan-application processed etc.
3) Help them get loans at reasonable rates from normal banks. So
they dont become victims in the hands of local moneylender. Recently on Financial Inclusion
RBI has constituted a committee with the objective of working
Some Important initiatives for Financial Inclusion out a medium-term (five-year) measurable action plan for
Lead banking scheme (LBS). financial inclusion. The terms of reference will include reviewing
No frills account. the existing policy of financial inclusion, including supportive
BSBDA payment system and customer protection framework, taking into
Business Correspondents (BC) system. account the recommendations made by various committees set
Swabhiman Campaign up earlier.
PMJDY
Lending
Lead Bank Scheme Base Rate
The Lead Bank Scheme, introduced towards the end of 1969, On recommendations Working Group (Chairman: Deepak
envisages assignment of lead roles to individual banks (both Mohanty) RBI decided that banks should switch over to Base Rate
in public sector and private sector) for the districts allotted to system w.e.f. 1.7.2010.
them. i. Base Rate includes all elements of the lending rates. Banks
A bank having a relatively large network of branches in the could use any methodology, to fix the base rate which is
rural areas of a given district and endowed with adequate consistent and is made available for supervisory
financial and manpower resources has generally been review/scrutiny.
entrusted with the lead responsibility for that district. ii. Banks may determine their actual lending rates w.r.t. Base
Rate.

45
iii. No loan can be sanctioned below base rate. By using MCF, it will be calculated as:
Exempted accounts: The following loans could be priced Required CRR (marginal cost) / (1-CRR)
without reference to Base Rate: (a) DRI loans (b) loans to d) Exemptions from MCLR
banks own employees (c) loans to banks depositors against i. loans under schemes of Govt. of India wherein banks have to
their own deposits. charge interest rate as per the scheme.
iv. Changes in the Base Rate shall be applicable to all existing ii. Working Capital Term Loan, Funded Interest Term Loan etc. as
loans linked to the Base Rate. part of rectification/restructuring package.
iii. Loans under various refinance schemes of Govt. of India or
Marginal Cost Based Lending Rate any Govt. Undertaking wherein banks charge interest at the
RBI introduced MCLR w.e.f. 1.4.2016 to determine Base Rate by rates prescribed under the schemes.
banks to improve the efficiency of monetary policy transmission. iv. The following loans can be priced without being linked to
i. All rupee loans sanctioned and credit limits renewed w.e.f. MCLR :
01.04.16 to be priced w.r.t. MCLR. It will be internal (a) Loan to depositors against their own deposits.
benchmark. (b) Loan to banks employees and Chief Executive Officer/Whole
ii. The MCLR comprises of (a) Marginal cost of funds; (b) Negative Time Directors.
carry on account of CRR; (c) operating costs; (d) Tenor (c) Loans linked to a market determined external benchmark.
premium. (d) Fixed rate loans. In case of hybrid loans where the interest
iii. Marginal Cost of funds (MCF): It has 2 components (a) rates are partly fixed and partly floating, interest rate on the
Marginal cost of borrowings (b) return on networth. floating portion should adhere to the MCLR guidelines.
HANDY NOTES BANKING: PRIORITY SECTOR LENDING

Micro Enterprises Does not exceed ten lakh Rs.
Highlights of PSL Small Enterprises More than ten lakh Rs. but does not
It means provide credit to the needy sectors of the society. The exceed two cr. Rs.
sectors are: Medium Enterprises More than two cr. Rs. but does not
Agriculture Micro and Small Enterprises exceed five cr. Rs.
Education Housing
Export Weaker Sections Other Targets under PSL
Social Infrastructure Renewable Energy Farmers with landholding of up to 1 hectare are considered
Targets under PSL as Marginal Farmers. Farmers with a landholding of more
Agriculture: 18% of ANBC(Adjusted Net Bank Credit). Out of this than 1 hectare and upto 2 hectares are considered as Small
18%, a target of 8% of ANBC is for Small and Marginal Farmers, Farmers.
to be achieved in a phased manner i.e., 7% by March 2016 and Scheduled Commercial Banks having any shortfall in lending
8% by March 2017. to priority sector shall be allocated amounts for contribution
Weaker Sections: 10% of ANBC. to the Rural Infrastructure Development Fund (RIDF)
Micro Enterprises: 7.5% of ANBC has been prescribed for Micro established with NABARD.
Enterprises, to be achieved in a phased manner i.e. 7% by March For Renewable Energy, bank loans up to a limit of Rs.15 cr.
2016 and 7.5% by March 2017. to borrowers for purposes like solar based power
Overall PSL Target for Domestic Bank/Foreign Bank with more generators, etc. For individual households, the loan limit will
than 20 Branches: 40% of Adjusted Net Bank Credit. be Rs.10 lakh per borrower.
Overall PSL Target for Foreign Bank with less than 20 For Housing, banks can provide loans to individuals up to Rs.
Branches: 40% of Adjusted Net Bank Credit to be achieved in a 28 lakh in metropolitan centres (with population of ten lakh
phased manner and above) and loans up to Rs. 20 lakh in other centres for
2015-16 32 purchase/construction of a dwelling unit per family.
2016-17 34 Export credit will be allowed up to 32% of ANBC for Foreign
2017-18 36 banks with less than 20 branches in India.
2018-19 38 For Education, banks can provide loans to individuals for
educational purposes including vocational courses upto Rs.
2019-20 40
10 lakh for studies in India and Rs. 20 lakh for studies
Categorization of MSME according to MSME ACT 2006 abroad.
Manufacturing Sector (Goods) Limits under Social infrastructure Bank loans up to a limit
Enterprises Investment in plant and machinery of 5 cr. per borrower for building social infrastructure for
Micro Does not exceed twenty five lakh Rs. activities namely schools, health care facilities, drinking
Enterprises water facilities and sanitation facilities in Tier II to Tier VI
Small More than twenty five lakh Rs. but does not centres.
Enterprises exceed five cr. Rs. Monitoring of Priority Sector Lending targets
Medium More than five cr. Rs. but does not exceed To ensure continuous flow of credit to priority sector, there will
Enterprises ten cr. Rs. be more frequent monitoring of priority sector lending
compliance of banks on quarterly basis instead of annual basis
Service Sector as of now.
Enterprises Investment in equipment RBI revises priority sector lending norms for RRBs

46
Seeing the growing significance of RRBs in pursuit of financial Market for short term Market for long term financial
inclusion agenda, it has been decided to revise the priority sector financial assets assets
guidelines for RRBs.
Maturity period less than Maturity period beyond one
Some of the salient features of the guidelines are as following:- one year year
i. Targets: 75% of total outstanding to the sectors eligible for Deals over the counter Deals at stock exchange
classification as priority sector lending. No. of players limited No. of players unlimited
ii. Categories of the Priority Sector: Medium Enterprises,
Regulated by RBI Regulated by SEBI
Social Infrastructure and Renewable Energy will form part
of the Priority Sector, in addition to the existing categories,
Major money market Instruments
with a cap of 15% of total outstanding.
Certificate of Deposit (CD)
iii. Agriculture: 18%% of total outstanding should be advanced
Commercial Paper (CP)
to activities mentioned under Agriculture.
Inter Bank Participation Certificates
iv. Small and Marginal Farmers: A target of 8% of total
Inter Bank term Money
outstanding has been prescribed for Small and Marginal
Treasury Bills
Farmers within Agriculture.
Bill Rediscounting
v. Micro Enterprises: A target of 7.5% of total outstanding has
Call/Notice Money
been prescribed for Micro Enterprises.
vi. Weaker Sectors: A target of 15% of total outstanding has
Terms relating to Money Market
been prescribed for Weaker Sections.
Call Money Money lent or borrowed for one day
vii. Monitoring: Priority Sector Lending will be monitored on a
quarterly as well as annual basis. Notice Money Money lent or borrowed for a period of
The revised guidelines will be operational with effect from 2-14 days.
January 1, 2016. Term Money Money lent or borrowed for 15 days to 1
year.
REVERSE MORTGAGE LOAN Yield to Expected rate of return on an existing
The scheme of reverse mortgage has been introduced for the maturity security purchased for the market.
benefit of senior citizens owning a house but having inadequate Coupon Rate Specified interest rate on a fixed
income to meet their needs. Some important features of reverse maturity security fixed at the time of
mortgage are: issue.
a) A homeowner who is above 60 years of age is eligible
for reverse mortgage loan. It allows him to turn the equity in CALL/NOTICE MONEY MARKET OPERATIONS
his home into one lump sum or periodic payments mutually Under call money market, funds are transacted on overnight
agreed by the borrower and the banker. basis and under notice money market, for 2 days to 14 days.
b) NO REPAYMENT is required as long as the borrower lives, Participants include banks (excluding RRBs) and Primary
Borrower should pay all taxes relating to the house and Dealers (PDs), both as borrowers and lenders. Non-bank
maintain the property as his primary residence. institutions are not permitted in the call/notice money market
c) The amount of loan is based on several factors: with effect from August 6, 2005.
Borrowers age, Calculation of interest payable is based on FIMMDAs (Fixed
Value of the property Income Money Market and Derivatives Association of India)
Current interest rates and HANDbook of Market Practices.
The specific plan chosen.
As per the scheme formulated by National Housing Bank INSTRUMENT OF GOVT. BORROWING
(NHB), the maximum period of the loan period is 15 years. To meet the temporary receipt and expenditure mismatch, govt.
The residual life of the property should be atleast 20 years. obtains over draft from RBI under Ways and Means Advances.
Where the borrower lives longer than 15 years, periodic For short term liquidity, it issues cash management bills, treasury
payments will not be made by lender. However, the borrower can bills of 91 days, 182 days and 364 days maturity. For long term
continue to occupy. funds, it uses dated securities in the form of bonds/long term
loans.
MONEY MARKET
It is a market for short-term debt securities, such as commercial TREASURY BILLS
paper, repos, negotiable certificates of deposit, and Treasury These are the instruments (in the form of promissory notes) of
Bills with a maturity of one year or less. short term borrowing by the Central govt., first issued in India in
1917.
CAPITAL MARKET IN INDIA Investors : Treasury bills can be purchased by any one
It is the market for long term funds. It refers to all the facilities (including individuals) except State govt.
and institutional arrangements for borrowing and lending Denomination: Minimum amount of face value Rs. 1 lac and in
medium and long term funds. multiples thereof. There is no specific amount/limit on the extent
to which these can be issue or purchased.
Money Market VS Capital Market Maturity: 91 days, 182 days and 364 days.
Money Market Capital Market Rate of interest: Treasury bills are zero coupon securities. They
are issued at a discount and redeemed at face value at maturity.

47
The return to the investors is the difference between the maturity
value or the face value (that is Rs. 100) and the issue price. COMMERCIAL PAPER
i. CP introduced during 1990, is a short term money market
Cash Management Bills (CMB) instrument issued as an unsecured usance promissory note and
CMB introduced on 11.08.11, is a short term security to be sold privately placed.
by Govt. of India to raise temporary money for cash management ii. Who can issue Commercial paper (CP): Companies, primary
needs. dealers (PDs) and all-India financial institutions (FIs).
1. The tenure is less than 91 days but the notified amount and iii. A company is eligible to issue CP if:
date of issue depends upon the temporary cash requirement (a) Its tangible net worth, as per latest audited balance sheet, is
of the Govt. not less than Rs. 4 cr..
2. It is issued at discount to the face value through auctions, as in (b) Sanctioned working capital limit by bank/s or all-India
the case of the Treasury Bills. financial institution/s;
(c) The borrower accounts are classified as a Standard Asset by
DATED SECURITIES financing bank/s/ institution/s and
These are long term securities and carry a fixed or floating (d) Minimum credit rating from SEBI approved credit rating
coupon (interest rate) paid on the face value, payable at agency (CRA) is A3. Rating should not be due for review.
fixed time periods (half-yearly). iv. Maturity : Min 7 days and max upto one year
The tenor of dated securities can be up to 40 years. v. Amount: Min Rs. 5 lakh or multiples thereof.
Public Debt Office of RBI acts as the registry/depository of
Govt. securities and deals with the issue, interest payment MERCHANT BANKING
and repayment of principal at maturity. Merchant banking Stands for providing various services relation
to capital market and financing the corporate sector. The
WAYS and MEANS ADVANCES (WMAs) Merchant Bankers provide consultancy to the corporate sector
WMAs were introduced as per an agreement between RBI and on the issues like finance, capital structure and investment,
Govt. WMAs are temporary overdrafts by RBI to govt. (Central mergers, takeover and amalgamations, establishing coordination
and State) under Section 17(5) of RBI Act. WMSs replaced the between the Govt. and the corporate sector.
earlier ad hoc T-Bills system.
Objective WMAs bridge the time interval of mismatch between CAPITAL MARKETS IN INDIA
govt. expenditure and receipts. a) It refers to all the facilities and institutional arrangements for
These are not a source of finance. borrowing and lending medium and long term funds.
Duration : 10 consecutive working days for Central Govt. and 14 b) It is segregated into (i) gilt edged market and (ii) the
days for State Govt. industrial securities market.
c) The gilt edged market refers to the market for govt. and
Other Money Market Instruments semi-govt. securities which are traded in the market in stable
value and are sought after by banks and other institutions.
CERTIFICATE OF DEPOSIT d) The industrial securities market refers to the market for
This scheme was introduced in July 1989, to enable the banking shares and debentures of old as well as new companies. This
system to mobilize bulk deposits from the market, which they market is further divided as primary market and secondary
can attract at competitive rates of interest. market.
The primary market refers to the setup which helps the
Who can issue Scheduled commercial banks (except industry to raise funds by issuing different types of securities,
RRBs) and All India Financial which are issued directly to the investors, both individual and
Institutions within their Umbrella institutions.
limit. The secondary market refers to the network for subsequent
CRR/SLR Applicable on the issue price in case of sale and purchase of securities, after these are issued.
banks
Investors Individuals (other than minor), Inflation Indexed bonds (IIB)
corporations, companies, trusts, funds, Inflation Index Bonds aim at providing protection against
associations etc. inflation. RBI launched IIBs as part of the overall govt.
Maturity Min: 7 days Max : 12 Months (in case of borrowing program.
FIs minimum 1 year and maximum 3 Features of first series of IIBs
years). Institutional Investors: Include Pension Funds, Insurance,
Amount Min: Rs. 1 lac, beyond which in multiple of Mutual Funds etc.
Rs. 1 lac Other features:
Int. Rate Market related. Fixed or floating 1. IIBs have a fixed real coupon rate and a nominal principal
Loan Against collateral of CD not permitted value that is adjusted against inflation.
Nature Usance Promissory note. Can be issued 2. IIBs provide inflation protection to principal and coupon
in Dematerialisation form only wef June payment. At maturity, adjusted principal or face value,
30, 2002 whichever is higher principal of face value, whichever is
higher, will be paid.

48
3. Final Wholesale Price Inflation (WPI) is used for providing Each depositor in a bank is insured upto a maximum of
inflation protection. Rs.1,00,000 (Rs. One Lakh) for both principal and interest
4. Maturity : 10 years. amount held by him in the same capacity.
5. The retail investor can invest from Rs. 10,000 to Rs. 2 cr.. 4. Does the DICGC insure just the principal on an account
or both principal and accrued interest?
Masala-bonds The DICGC insures principal and interest upto a maximum
Masala Bonds are the bonds issued for rupee-denominated amount of Rs. One lakh. Chairman: R Gandhi HQ: Mumbai
borrowings by Indian entities in overseas markets.
NPA-Non-Performing Asset and SARFAESI
INDIAN DEPOSITORY RECEIPTS (IDRs) It means once the borrower has failed to make interest or
IDR is an instrument in the form of a Depository Receipt created principal payments for 90 days, the loan is considered to be a
by the Indian depository in India against the underlying equity non-performing asset.
shares of the issuing company. In an IDR, foreign companies
would issue shares, to an Indian companies would issue shares, SARFAESI Act and Rules
to an Indian Depository which would in turn issue depository SARFAESI Act (The Securitization and Reconstruction of
receipts to investors in India. Financial Assets and Enforcement of Security Interest Act, 2002)
was enacted to regulate securitization and reconstruction of
MUTUAL FUND TERMS financial assets and enforcement of security interest created in
Asset Management Company: A company formed and respect of Financial Assets to enable realization of such assets.
registered under the Companies Act 1956 and approved as such The SARFAESI Act provides for the manner for enforcement of
by the SEBI to manage the funds of a mutual fund. Under an security interests by a secured creditor without the intervention
agreement (with the trustees of the Mutual Fund), an AMC of a court or tribunal. If any borrower fails to discharge his
undertakes to formulated mutual funds schemes, distribute liability in repayment of any secured debt within 60 days of
income as per agreement. notice from the date of notice by the secured creditor, the secured
Close-ended scheme: A scheme where funds are raised for a creditor is conferred with powers under the SARFAESI Act to
fixed period. The scheme is wound up after that period and funds a) Takes possession of the secured assets of the borrower,
are returned with capital appreciation to unit holders. Normally, including transfer by way of lease,assignment or sale, for
a close-ended scheme is listed on a stock exchange. realizing the secured assets
Net asset value: The price of value of one share of a fund. It is b) Takeover of the management of the business of the borrower
calculated by summing the quoted values of all the securities held including the right to transferby way of lease, assignment or
by the fund, adding in cash and any accrued income and sale for realizing the secured assets,
subtracting liabilities and dividing the result by the number of c) Appoint any person to manage the secured assets possession
shares outstanding. Fund companies compute the NAV once a of which is taken by thesecured creditor, and
day based on closing market prices. d) Require any person, who has acquired any of the secured
Open ended scheme: A scheme is the one which continuously assets from the borrower andfrom whom money is due to
offers its units and buys them back from investors. the borrower, to pay the secured creditor so much of the
money as if sufficient to pay the secured debt.
DICGC (Deposit Insurance and Credit Guarantee
Corporation of India) The assets portfolio of the banks is required to be classified
1. Which banks are insured by the DICGC? as
Commercial Banks: All commercial banks including (1) standard assets (2) sub-standard assets(3) doubtful assets
branches of foreign banks functioning in India, local area and (4) loss assets.
banks and regional rural banks are insured by the DICGC. Standard asset is one that does not disclose any problems
2. What does the DICGC insure? and which does not carry more than normal risk attached to
In the event of a bank failure, DICGC protects bank deposits the business .
that are payable in India. The DICGC insures all deposits such An asset which has been classified as NPA for a period not
as savings, fixed, current, recurring, etc. except the following exceeding 12 months is considered as sub-standard asset.
types of deposits. Doubtful asset is one which has remained NPA for a period
(i) Deposits of foreign Govt.s; exceeding 12 months.
(ii) Deposits of Central/State Govt.s; An asset which is considered uncollectible and loss has been
(iii) Inter-bank deposits; identified by the bank or internal or external auditors or the
(iv) Deposits of the State LAND Development Banks with the RBI inspection and the loss has not been written off is
State co-operative bank; regarded as loss asset.
(v) Any amount due on account of any deposit received
outside India DEBT RECOVERY TRIBUNALS
(vi) Any amount, which has been specifically exempted by DRTs are set-up under the provisions of Recovery of Debts
the corporation with the previous approval of RBI. to Banks and Financial Institutions Act 1993 (amended
3. What is the maximum deposit amount insured by the during Jan 2000). The Act is applicable throughout India,
DICGC? except J and K. The Act came into effect wef June 25, 1993.
DRT jurisdiction covers loans of banks and Fls with
outstanding or Rs. 10 lac or more (Central Govt. can reduce

49
the amount to Rs. 1 lac). As per Section 18, other than DRT Ans. Automated Teller Machine is a computerized machine that
no court has jurisdiction over such loans. Where one bank provides the customers of banks the facility of accessing their
has already filed suit, other bank can join it. account for dispensing cash and to carry out other financial and
It is headed by one Presiding Officer (appointed by the non-financial transactions without the need to actually visit their
Central Govt. for 5 years max age 62 years). bank branch.
HYPOTHECATION Q.2 What is White Label ATMs (WLAs)?

As per SARFAESI Act, hypothecation has been defined as a Ans. ATMs set up, owned and operated by non-banks are called
charge in or upon any movable property, existing or future, White Label ATMs. Non-bank ATM operators are authorized
created by a borrower in favour of a secured creditor without under Payment and Settlement Systems Act, 2007 by RBI.
delivery of possession of the movable property to such creditor,
as security for financial assistance and includes floating charge Q.3. Is there any time limit for the card issuing banks for
and crystallization of such charge into fixed on movable recrediting the customers account for a failed ATM/WLA
property. transaction?
Ans. As per the RBI instructions, banks have been mandated to
PLEDGE resolve customer complaints by re-crediting the customers
In pledge, the legal rights are different from hypothecation as the account within 7 working days from the date of complaint.
possession of the securities remains with the bank while the
ownership remains with the borrower. Delivery of goods pledged Q.4. Are the customers eligible for compensation for delays
by the pledger to the pledgee is essential for creating a pledge, beyond 7 working days?
which may be actual or constructive. Ans. Yes. Effective from July 1, 2011, banks have to pay
compensation of Rs. 100/- per day for delays in re-crediting the
HYPOTHECATION/PLEDGE-DISTINCTION amount beyond 7 working days from the date of receipt of
complaint for failed ATM transactions. The compensation has to
Hypothecation Pledge be credited to the account of the customer without any claim
Definition Charge on movable Bailment of goods as being made by the customer. If the complaint is not lodged within
property in favour of security for payment 30 days of transaction, the customer is not entitled for any
secured creditor of a debt or compensation for delay in resolving his / her complaint.
without delivery of performance of
possession promise Q.5 What is the course of action for the customer if the
Nature of Movable assets such Goods complaint is not addressed by his/her bank within the
securities as stocks, machinery, stipulated time / not addressed to his satisfaction?
vehicles Ans. The customer can take recourse to the Banking Ombudsman,
Possession Borrower (in trust for Possession with bank if the grievance is not redressed by the his/her card issuing bank.
bank). Bank cannot till repayment of the
take possession loan. Bank has to CURRENCY IN INDIA
without consent of preserve the goods
the borrower. On carefully and return Money as a means of payment consists of coins, paper money and
taking possession the same, if loan is withdrawable bank deposits.
bank gets rights of repaid. Legal tender: As per provisions of coinage Act 1996, bank notes,
pledge and can sell currency notes and coins (Rs. 1 and above) are legal tender for
the assets without unlimited amount. The subsidiary coins (below Re 1) are legal
intervention. tenders for sum not exceeding Re 1. Issue of 1, 2 and 3 paise coins
discontinued wef Sep 16, 1981.
ASSIGNMENT
Assignment is transfer of an actionable claim (such as life What do you know by currency chest?
insurance policy), which may be existing or future, as a security Currency chests are operated by RBI so that they can provide
for loan. The transferor of such claim is called the assignor and good quality currency notes to the public. However, RBI has
the transferee is called the assignee. appointed commercial banks to open and monitor currency
chests on behalf of RBI. The cash kept in currency chests is
MORTGAGE considered to be kept in RBI.
As per section 58 of Transfer of Property Act 1882, mortgage is
transfer of interest in specific immovable property for the What is a small coin depot?
purpose of securing the payment of money advanced or to be The bank branches are also authorised to establish Small Coin
advanced by way of loan, an existing or future debt or the Depots to stock small coins. The Small Coin Depots also distribute
performance of an engagement which may give rise to pecuniary small coins to other bank branches in their area of operation.
liability.
What are soiled, mutilated and imperfect banknotes?
ATM "Soiled note" means a note which, has become dirty due to
Q.1 What is an Automated Teller Machine (ATM)? usage and also includes a two piece note pasted together

50
wherein both the pieces presented belong to the same note, 1.4 Reserve Position in the IMF 163.5 2,425.1
and form the entire note.
Mutilated banknote is a banknote, of which a portion is What actually is FOREX?
missing or which is composed of more than two pieces. India's foreign exchange reserves comprise foreign currency
Imperfect banknote means any banknote, which is wholly or assets, gold and special drawing rights allocated to it by the
partially, obliterated, shrunk, washed, altered or International Monetary Fund (IMF) in addition to the reserves it
indecipherable but does not include a mutilated banknote. has parked with the fund. Foreign exchange reserves are held and
managed by the RBI.
Pre-2005 series Banknotes The Foreign currency assets are investment mainly in
The banknotes issued before 2005 MG series are called pre-2005 instruments abroad which have the highest credit rating and
series banknotes, which do not have the year of printing on the which do not pose any credit risk. These include sovereign bonds,
reverse side. On Jan 23, 2014, RBI decided to withdraw, from treasury bills and short-term deposits in top-rated global banks
circulation, these notes as they have fewer security features. besides cash accounts.
1. These notes shall continue to be legal tender. The notes are
only being withdrawn from circulation. TRANSFER SYSTEM IN BANKING SECTOR
2. These notes can be exchanged at select bank branch till REAL TIME GROSS SETTLEMENT (RTGS)
30.06.16. RTGS implemented w.e.f. 26.03.2004 (revised on 19.10.13), is a
centralized payment system operated by RBI. In RTGS inter-bank
RBIS CLEAN NOTE POLICY payment instructions are processed and settled, on gross basis in
RBI has announced Clean Note Policy and pumping fresh notes a real time environment. It uses Indian Financial Network
into circulation, the RBI introduced various changes in the (INFINET) and SFMS platforms. RTGS is regulated by RTGS
system and procedures related to currency management which System Regulations, 2013.
include mechanization of the currency verification and
processing as also shredding and briquetting for destruction of National Electronic Funds Transfer (NEFT)
soiled and mutilated notes. RBI operationalised NEFT System in Nov 2005. It facilitates
RBI Issued a public interest directive (u/s 35A B R Act) to all transfer of funds from any bank branch to any other bank branch.
banks instructing them: Amount: There is no lower/upper value limit.
Note to staple bank notes, Bank account: NEFT is an account to account transfer system.
To Tender soiled notes to the Reserve Bank in unstapled The remitter and beneficiary should have a bank account.
condition,
To use banks instead of staple pins, Processing Charges/Service Charges
To issue only clean notes to members of pulic, 1. Banks cannot levy any charges for inward NEFT,
To open select currency chest branches on Sundays to provide2. For outward NEFT: Up to Rs. 10000 = Rs. 2.50, above Rs. 10000
exchange facility to members of public all over the country. to Rs. 1 lac = Rs. 5. Above Rs. 1 lac to Rs. 2 lac = Max Rs. 15 and
To provide unrestricted facility for exchange of soiled and above Rs. 2 lac = Max Rs. 25 (w.e.f. 13.07.2012).
mutilated notes to members of public.
Banks should sort notes into re-issuables and non-issuables, AADHAAR ENABLED PAYMENT SYSTEM
and issue only clean notes to public. Soiled notes in unstapled AEPS is a payment service offered by the National Payments
condition may be tendered at RBI in inward remittances Corporation of India (NPCI) to banks using Aadhaar number
through Currency Chests; and, and online UIDAI authentication through their respective
Banks should stop writing of any king on watermark window Business correspondent service centre.
of bank notes.
CENTRALIZED FUNDS MANAGEMENT SYSTEMS (CFMS)
NATIONALISATION OF BANKS CFMS was operated and maintained by RBI to enable operations
Nationalisation of Imperial Bank of India and its conversion on current accounts maintained at various offices of the RBI,
into State Bank of India in July 1955. through standard message formats in a secure manner.
Conversion of 8 major State-associated banks into subsidiary
banks of SBI in 1959. NEPAL REMITTANCE SCHEME
Nationalisation of 14 Indian scheduled banks in July 1969. It is a cross-border one-way remittance facility scheme, for
Nationalisation of 6 more banks in April 1980 and Indian remittance from India to Nepal.
bank merged into Punjab National Bank. Amount : Up to Indian Rs. 50,000 from NEFT branches.
Beneficiary will receive funds in Nepalese Rs..
FOREIGN EXCHANGE RESERVES
National Payments Corporation of India (NPCI)
Item As on 20th May 2016 It was incorporated in Dec 2008 as a Sec 25 company under
Bn. Rs. US$ Mn. Companies Act. Authorized capital is Rs. 300 cr and paid up
1 2 capital Rs. 100 cr. It functions as a hub in all electronic retail
payment systems.
1 Total Reserves 24,177.9 3,60,905.4
Rupay is a domestic card scheme of NPCI. Rupay is the coinage
1.1 Foreign Currency Assets 22,580.2 3,36,938.9
of two terms rupee and payment. Rupay debit card was launched
1.2 Gold 1,333.2 20,043.0
in March 2012.
1.3 SDRs 101.0 1,498.4
51
NRE account may be in the form of savings, current, recurring
ELECTRONIC CLEARING SERVICES or fixed deposit accounts.
ECS is a mode of electronic funds transfer from one bank account Account will be maintained in Indian Rs..
to another bank account using services of a Clearing House for Accrued interest income and balances held in NRE accounts
bulk transfers. are exempt from Income tax.
Authorised dealers/authorised banks may at their discretion
ELECTRONIC BENEFIT TRANSFER (EBT) allow for a period of not more than two weeks, overdrawings
EBT is a product offered under Financial Inclusion (as in NRE savings bank accounts, up to a limit of Rs.50,000.
per RBI committee headed by Dr. RB Burman), which facilitates Loans up to Rs.100 lakh can be extended against security of
payments to reach the intended beneficiaries of govt. sponsored funds held in NRE Account either to the depositors or third
schemes, through bank accounts. parties.
CORE BANKING SOLUTIONS 3. Foreign Currency Non Resident (Bank) Account FCNR
Core Banking Solutions (CBS) or Centralised Banking Solutions is (B) Account
the process which is completed in a centralized environment i.e. FCNR (B) accounts are only in the form of term deposits of 1
under which the information related to the customers account to 5 years
(i.e. financial dealings, profession, income, etc.) is stored in the Account can be in any freely convertible currency.
Central Server of the bank (that is available to all networked Loans up to Rs.100 lakh can be extended against security of
branches) instead of the branch server. funds held in FCNR (B) deposit either to the depositors or
third parties.
Accounts for Foreign (Currency/Person) in India The interest rates are stipulated by the Department of
a) NRO A/c (Foreign Tourist) Banking Operations and Development, RBI.
1) Foreign tourists during their short visit to India can open a
Non-Resident (Ordinary) Rupee (NRO) account (Current / How Ranting done to Banks in India
Savings) with any Authorised Dealer bank dealing in foreign RATING OF BANKS
exchange. Such account can be opened up to a maximum period RBIs 1995 working group headed by Sh. S. Padmanabhan
of 6 months. suggested method for rating.
2) Tourists can freely make local payments through the NRO Rating criteria: RBI rates the banks on a 5 point scale of A to E,
account. All payments to residents exceeding INR 50,000 can be widely on the lines of international CAMELS rating model for
made only by means of cheques / pay orders / demand drafts. domestic banks and CALCS model for foreign banks.
b) EEFC A/c CAMELS Rating for Domestic Banks

1) Exchange Earners' Foreign Currency Account (EEFC) is an C Capital adequacy ratio
account maintained in foreign currency with an Authorised A Asset quality
Dealer i.e. a bank dealing in foreign exchange. M Management Effectiveness
2) It is a facility provided to the foreign exchange earners, E Earning (i.e. profitability)
including exporters, to credit 100% of their foreign exchange L Liquidity (asset-liability management)
earnings to the account, so that the account holders do not have S System and controls
to convert foreign exchange into Rs. and vice versa, thereby
minimizing the transaction costs. Rating parameters for foreign banks
3) All categories of foreign exchange earners, such as individuals, C Capital adequacy ratio
companies, etc. who are resident in India, may open EEFC A Asset quality
accounts.
L Liquidity
4) An EEFC account can be held only in the form of a current
C Compliance
account. No interest is payable on EEFC accounts.
S System and controls
ACCOUNTS FOR NRI/PIO
1. Non-Resident Ordinary Rupee Account (NRO Account) BASEL-3 NORMS
NRO accounts may be opened / maintained in the form of a) The Basel Committee is the primary global standard-setter for
current, savings, recurring or fixed deposit accounts. Interest the prudential regulation of banks and provides a forum for
rates offered by banks on NRO deposits cannot be higher than cooperation on banking supervisory matters. Its mandate is
those offered by them on comparable domestic rupee to strengthen the regulation, supervision and practices of
deposits. banks worldwide with the purpose of enhancing financial
Account should be denominated in Indian Rs.. stability. Stefan Ingves, Governor of Sveriges Riksbank
NRI/PIO may remit from the balances held in NRO account an (SWEDEN), is the Chairman of the Basel Committee.
amount not exceeding USD one million per financial year, b) Basel III or Basel 3 released in December, 2010 is the third in
subject to payment of applicable taxes. the series of Basel Accords. These accords deal with risk
The limit of USD 1 million per financial year includes sale management aspects for the banking sector.
proceeds of immovable properties held by NRIs/PIOs. c) According to Basel Committee on Banking Supervision "Basel
III is a comprehensive set of reform measures, developed by
2. Non-Resident (External) Rupee Account (NRE Account) the Basel Committee on Banking Supervision, to strengthen

52
the regulation, supervision and risk management of the A company incorporated under the Companies Act, 1956 and
banking sector". desirous of commencing business of non-banking financial
d) Basel 3 measures aim to: institution as defined under Section 45 I(a) of the RBI Act,
Improve the banking sector's ability to absorb shocks arising 1934 should comply with the following:
from financial and economic stress, whatever the source a) It should be a company registered under Section 3 of the
Improve risk management and governance companies Act, 1954
Strengthen banks' transparency and disclosures. b) It should have a minimum net owned fund of Rs 200 lakh.
Three Pillars of Basel 3 Deposits in NBFC:

Pillar 1: Minimum Regulatory Capital Requirements a) Presently, the maximum rate of interest an NBFC can offer is
based on Risk Weighted Assets (RWAs): 12.5%. The interest may be paid or compounded at rests not
Maintaining capital calculated through credit, market and shorter than monthly rests.
operational risk areas (mainly that capital which can absorb b) The NBFCs are allowed to accept/renew public deposits for a
risk.) minimum period of 12 months and maximum period of 60
Pillar 2: Supervisory Review Process: months. They cannot accept deposits repayable on demand.
Regulating tools and frameworks for dealing with peripheral c) The deposits with NBFCs are not insured.
risks that bank face. d) The repayment of deposits by NBFCs is not guaranteed by RBI.
Pillar 3: Market Discipline:
Increasing the disclosures that banks must provide to increase Brief about RNBC
the transparency of banks a) Residuary Non-Banking Company is a class of NBFC which is a
company and has as its principal business the receiving of
Important Facts related to BASEL 3 deposits, under any scheme or arrangement or in any other
Minimum Ratio of Total Capital To RWAs--10.50% manner and not being Investment, Asset Financing, Loan
Minimum Ratio of Common Equity to RWAs--4.50% to 7.00% Company.
Tier I capital to RWAs--6.00% b) A RNBC can accept deposits for a minimum period of 12
Core Tier I capital to RWAs--5.00% months and maximum period of 84 months from the date of
Capital Conservation Buffers to RWAs--2.50% receipt of such deposit. They cannot accept deposits repayable on
Leverage Ratio--3.00% demand.
Countercyclical Buffer--0% to 2.50%
TYPES OF MONEY
NBFC Commodity Money - Commodity money value is derived
A Non-Banking Financial Company (NBFC) is a company from the commodity out of which it is made. The commodity
registered under the Companies Act, 1956 engaged in the itself represents money, and the money is the commodity.
business of loans and advances, acquisition of Representative Money - is money that includes token coins,
shares/stocks/bonds/debentures/securities issued by Govt. or or any other physical tokens like certificates, that can be
local authority or other marketable securities of a like nature, reliably exchanged for a fixed amount/quantity of a
leasing, hire-purchase, insurance business, chit fund business. commodity like gold or silver.
Fiat Money - Fiat money, also known as fiat currency is the
Difference between BANK and NBFC: money whose value is not derived from any intrinsic value or
NBFCs lend and make investments and hence their activities are any guarantee that it can be converted into valuable
akin to that of banks; however there are a few differences as commodity (like gold). Instead, it derives value only based On
given below: Govt. order (fiat)
i. NBFC cannot accept demand deposits; Commercial Bank Money - Commercial bank money or the
ii. NBFCs do not form part of the payment and settlement system demand deposits are claims against financial institutions
and cannot issue cheques drawn on itself; which can be used for purchasing goods and services.
iii. Deposit insurance facility of Deposit Insurance and Credit
Guarantee Corporation is not available to depositors of Reserve Money (M 0)
NBFCs, unlike in case of banks. Currency in circulation + Bankers deposits with the RBI + Other
deposits with the RBI = Net RBI credit to the Govt. + RBI credit to
Different types/categories of NBFCs registered with RBI: the commercial sector + RBI's claims on banks + RBI's net is
Asset Finance Company(AFC) foreign assets + Govemments currency liabilities to the public -
Investment Company (IC) RBI's net non-monetary liabilities.
Loan Company (LC)
Infrastructure Finance Company (IFC) M1=Currency with the public + Demand deposits with the
Infrastructure Debt Fund banking system + 'Other' deposits with the RBI
Non-Banking Financial Company - Micro Finance Institution M2=M1 + Savings deposits of ofce savings banks.
(NBFC-MFI M3=M1+ Time deposits with the banking system
Non-Banking Financial Company Factors (NBFC-Factors) = Net bank credit to the Govt. + Bank credit to the Commercial
sector + Net foreign assets of the banking sector + Goveinments
Register with RBI: currency liabilities to the public - Net non-monetary liabilities of
the banking sector.

53
M4=M3 +All deposits with post office savings banks (excluding 47. ASBA: Application Supported by Blocked Amount
National Savings Certificates) 48. PIN: Personal Identification Number
Note: Bhartiya Reserve Bank Note Mudran Private Limited 49. CCEA Cabinet Committee on Economic Affairs
(BRBNMPL) 50. CECA - Comprehensive Economic Cooperation Agreement
The Reserve Bank established BRBNMPL in February 1995 as a 51. CEPA Comprehensive Economic Partnership Agreemeny
wholly-owned subsidiary to augment the production of bank 52. DTAA Double Taxation Avoidance Agreement
notes in India and to enable bridging of the gap between supply 53. ECBs - External Commercial Borrowings
and demand for bank notes in the country. 54. EFSF European Financial Stability Facility
55. FINO- Financial Inclusion Network Operation
BANKING ABBREVIATIONS 56. FIPB Foreign Investment Promotion board
1. PSBs: Public Sector Banks 57. FSLRC Financial Sector Legislative Reforms Commission
2. SNBCs: Schedule Non Commercial Banks 58. CRAR: Capital to Risk-weighted Assets Ratio
3. SENSEX: Sensitive Index Of Stock Exchange 59. LCR: Liquidity Coverage Ratio
4. GNP: Gross National Product 60. TARC - Tax Administration Reform Commission
5. KYC: Know Your Customer 61. GIRO - Govt. Internal Revenue Order
6. RTGS: Real Time Gross Settlement 62. FRBMA: Fiscal Responsibility and Budget Management Act
7. NEFT: National Electronic Money Transfer 63. AMFI- Association of Mutual Fund in India.
8. EFT: Electronic Fund Transfer 64. TIEA Tax Information exchange Agreement
9. CBS: Core Banking Solutions 65. GAAR - General anti avoidance rule
10. LIBOR: London Interbank Offered Rate 66. GSLV - Geo-Synchronous Launch Vehicle
11. MIBOR: Mumbai Interbank Offered Rate 67. PPP Public Private Partnership and Purchasing Power parity
12. MIBID: Mumbai Interbank Bid Rate 68. PSLV Polar Satellite Launch vehicle
13. SARFAESI: Securitisation and Reconstruction Of Financial 69. TAPI - Turkmenistan-Afghanistan-Pakistan-India.
Assets and Enforcement Of Security Interest 70. QFI -Qualified Foreign Investors
14. CAR: Capital Adequecy Ratio 71. AD-Authorized Dealer.
15. FIIs: Foreign Institutional Investments 72. ASSOCHAM-Associated Chambers of Commerce and
16. FDI: Foreign Direct Investment Industry of India.
17. IPO: Initial Public Offering 73. BCSBI-Banking Codes and Standards Board of India.
18. MICR: Magnetic Ink Character Recognition 74. BIS-Bank for International Settlements.
19. BIRD: Bankers Institute Of Rural Development 75. CDS-Credit Default Swap.
20. IBA: Indian Bank Association 76. CEPA-Comprehensive Economic Partnership Management.
21. BPLR: Benchmark Prime Lending Rate 77. FIMMDA-Fixed Income Money MARKETS and Derivatives
22. ICICI: Industrial Credit and Investment Corporation Of India Association.
23. HDFC: Housing Development Finance Corporation 78. FPI-Foreign Portfolio Investment.
24. SWOT: Strength, Weaknesses, Opportunities and Threats 79. IBRD-International Bank For Reconstruction and
25. SWIFT: Society For Worldwide Interbank Financial Development.
Telecommunication 80. UIDAI-Unique Identification Development Authority of India.
26. FERA: Foreign Exchange Regulatory Act
27. FEMA: Foreign Exchange Management Act MUTUAL FUNDS:
28. CASA: Current and Saving Account Mutual funds are investment avenues that pool the money of
29. NDTL: Net Demand and Time Liabilities several investors to invest in financial instruments such as
30. NASDAQ: National Association For Securities Dealers stocks, debentures etc. The profit earned on the investments
Automated Quotations is distributed among the investors on the basis of the units
31. CRISIL: Credit Rating and Investment Services India Limited held by each of them.
32. CIBIL: Credit Information Bureau Of India Limited Due to a large pool of investors, the individual risk is spread.
33. NAV: Net Asset Value So individually you take on low risk.
34. ICRA: Indian Credit Rating Agency The mutual funds in India are governed by Association of
35. CARE: Credit Analysis and Research Limited Mutual Funds in India, the umbrella body for mutual funds,
36. WMAs: Ways and Means Advances which is in turn governed by the Securities and Exchange
37. ALM: Asset Liability Management Board of India.
38. INFINET Indian Financial Network A diagrammatic representation to underStand the Cycle:
39. OLTAS - On-line Tax Accounting System (OLTAS) for Direct
Taxes
40. TIN - Tax Information Network (TIN)
41. IMPS - Interbank Mobile Payment Service (IMPS) or
Immediate Payment Service
42. CDR- Corporate Debt Restructuring
43. CAD- Capital Account Deficit
44. REITs: Real Estate Investment Trusts
45. InvITs: Infrastructure Investment Trusts
46. ALM- Asset Liability Management

54
IMPORTANT BANKING TERMS
Types of Inflation:
Moral Suasion:-Moral Suasion is just as a request by the RBI Wage inflation
to the commercial banks to take so and so action and Price power inflation
measures in so and so trend of the economy. RBI may request Cost-push inflation
commercial banks not to give loans for unproductive purpose Sectorial inflation
which does not add to economic growth but increases Stagflation
inflation. Mild inflation
Bouncing of a cheque: Where an account does not have Hyper-inflation
sufficient balance to honour the cheque issued by the
customer, the cheque is returned by the bank with the reason Effects of Inflation:
"funds insufficient" or "Exceeds arrangement". This is known Ans. Following are the effect of inflation:-
as 'Bouncing of a cheque'. It decreases the real value of money
Demat Account: The term "demat", in India, refers to a It discourage investment and savings
dematerialised account for individual Indian citizens to trade It leads to shortage of goods
in listed stocks or debentures. Mitigate economic recessions
Capital Adequacy Ratio (CAR):- Capital adequacy ratio Reduces the level of debt
measures the amount of a banks capital expressed as a%age
of its credit exposure. Globally, the capital adequacy ratio has IMPORTANT CODES USED IN BANKING
been developed to ensure banks can absorb a reasonable level [1] IFSC (Indian Financial System Code): Indian Financial
of losses before becoming insolvent. Indian banks are System Code is an alpha-numeric code that uniquely
expected to maintain a minimum capital adequacy ratio of 9% identifies a bank-branch participating in the NEFT system.
(Rs 9 as capital for every Rs 100 in loan or asset) This is an 11 digit code with the first 4 alpha characters
representing the bank, The 5th character
IMPORTANT BANKING CONCEPTS is 0 (zero).and the last 6 characters representing the bank
Balance of Trade - The value of a countrys exports minus the branch.
value of its imports. Unless specified as the balance of For ex: PNBN0014976 :
merchandise trade, it normally incorporates trade in services, i. First 4 character PNBN refers to Punjab National Bank.
including earnings (interest, dividends, etc.) on financial assets. ii. 0 is a control number.
iii. last six characters (014976) represents the PNB branch
Balance of Payments - A list of all of a countrys international kurshi Road, Lucknow.
transactions for a given time period, usually one year. Payments
into the country (receipts) are entered as positive numbers, [2] MICR Magnetic ink character Recognition :-
called credits; Payments out of the country (payments) are MICR is 9 digit numeric code that uniquely identifies a bank
entered as negative numbers called debits. A single numbers branch participating in electronic clearing scheme.
summarize all of a countrys international transactions: the Used to identify the location of a bank branch.
balance of payments surplus. City (3) Bank (3) Branch (3)
The MICR code is allotted to a bank branch is printed on the
NOSTRO Account - A Nostro account is maintained by an Indian MICR band of cheques. MICR used for electronic credit
Bank in the foreign countries. system.
VOSTRO Account- A Vostro account is maintained by a foreign [3] SWIFT Code : Society for Worldwide Interbank financial
bank in India with their corresponding bank. tele-communication
India was 74th Nation to join SWIFT Network.
LIBOR: London InterBank Offered Rate. An interest rate at which SWIFT Code is a standard format of bank Identifier code.
banks can borrow funds, in marketable size, from other banks in This code is used particularly in International transfer of
the London interbank market. money between banks.
A majority of FOREX related message are sent to
STRIPS: Separate Trading for Registered Interest and Principal correspondent banks abroad through SWIFT.
Securities. SWIFT Code consist 8 or 11 character when code is 8 digit,
It is referred to primary office
CASA: CASA Stands for Current Account Savings Account. The 4 bank code
CASA ratio shows how much deposit a bank has in the form of 2 country code
current and saving account deposits in the total deposit. A higher 2 location code
CASA ratio means better operating efficiency of the bank 3 branch code (optional)
Note: The CORE word in CBS Stands for Centralized Online
Realtime Exchange. Headquarters of NATIONALIZED BANKS
Allahabad Bank-Kolkata
Inflation: Bank of India -Mumbai
The rise in the prices of goods or service in an economy over a Bank of Maharashtra -Pune
certain period of time is known as inflation. Canara Bank -Bangalore

55
Central Bank of India -Mumbai Barclays Bank :- Fluent in finance.
Corporation Bank -Mangalore South Indian Bank :- Experience Next Generation Banking
Dena Bank -Mumbai Union Bank of India tagline :- Good People to Bank with.
Indian Bank- Chennai The Economic Times :- Knowledge is Power
Indian Overseas Bank- Chennai Deutsche Bank - A passion to perform
Oriental Bank of Commerce- New Delhi Vijaya Bank tagline:- A Friend You can Bank Upon.
Punjab National Bank- New Delhi J and K Bank tagline:- Serving to Empower.
Punjab and Sind Bank- New Delhi Karur Vysya Bank :- Smart way to Bank.
Punjab and Sindh Bank Slogan :- Where series is a way of life
State Bank of India- Mumbai
Scotia Bank :- Youre richer than you think.
Syndicate Bank- Manipal
Syndicate Bank tagline :- Your Faithful and Friendly
UCO -Bank Kolkata
Financial Partner
Union Bank of India- Mumbai
Lakshmi Vilas Bank :- The Changing Face of Prosperity.
United Bank of India- Kolkata Induslnd Bank tagline - We Care... Dil Se; We Make You Feel
Vijaya Bank- Bangalore Richer.
Andhra Bank- Hyderabad
Bank of Baroda- Vadodra SBI Associate Banks Taglines, Slogans, Punchlines.
State Bank of Mysore tagline :- Working for a better
BANKS TAGLINES tomorrow.
State Bank of India (Group) tagline :- Pure banking nothing State Bank of Patiala :- Blending Modernity with Tradition.
else; With you all the way; The Nation banks on us: A Bank State Bank of Travancore :- A Long Tradition of Trust.
to the common man; A banker to every Indian. State Bank of Hyderabad :- You can always bank on us.
IDBI Bank tagline :- Banking for All; Aao Sochein Bada.
Bank of Baroda Slogan : Indias international bank. Private Banks Taglines:
United Bank of India :- The Bank that begins with U. Dhanalakshmi Bank :- Tann. Mann. Dhan.
Punjab National Bank tagline :- A Name you can Bank Upon Centurion Bank of Punjab :- To rejoice working, join us
Allahabad Bank tagline :- A tradition of trust. City Union Bank :- Trust and Excellence since 1904
Yes Bank tagline:- Experience our expertise. Catholic Syrian Bank :- Support All the way.
Axis Bank tagline :-Badhti ka nam zindagi. ING Vysya Bank :- Jiyo easy
Citi Bank tagline :- Lets get it done.
Standard Chartered Bank Slogan - Your Right Partner. Other Banks:
Andhra Bank tagline :- Where India Banks J&K Bank:- Serving to Empower
Bank of India Slogan :- Relationships beyond banking. Karnataka Bank:- Your family bank across India
Bank of Maharashtra :- One family one bank. Kotak Mahindra Bank :- Lets make money simple
Canara Bank Slogan :- Together We Can ; Its easy to change Nainital Bank :- Banking with personal touch
for those who you love Saraswat Bank:- Service to the Common Man
Central Bank of India Slogan :- Build A Better Life Around Us;
Central to you since 1911. Foreign Bank Taglines:-
Corporation Bank tagline:- Prosperity for All. Scotia Bank:- Youre richer than you think
Dena Bank tagline :- Trusted Family Bank. Bank of Ceylon:- BOC-the Bank you can trust
Andhra Bank tagline:- Much more to do; With You in focus. Standard Chartered Bank:- Your Right Partner
Allahabad Bank tagline :- A tradition of trust BNP Paribas Bank:- The bank for a changing world
DBS Bank tagline :- Living, Breathing Asia Citi Bank:- The Citi never sleeps
American Express Bank Slogan :- Do more HSBC:- The worlds local bank
Indian Bank tagline :- Your tech friendly bank. China Trust Commercial Bank:- We Are Family
HSBC Bank tagline - The Worlds local bank. JPMorgan Chase Bank:- The right relationship is everything
HDFC Bank tagline:- We UnderStand Your World. ABN-AMRO Bank :- Making More Possible
Indian Bank tagline :- Taking Banking Technology to Abu Dhabi Commercial Bank:- Our Vision. Your Future.
Common Man; Your Tech-friendly bank. Deutsche Bank :- A passion to perform.
Royal Bank of Scotland :- Make it happen.
JPMorgan Chase Bank slogan :- The right relationship is FINANCIAL REGULATORS
everything
Indian Overseas Bank tagline :- Good people to grow with. Chit Funds Respective State Govt.s
ICICI Bank tagline :- Khayaal Apka; Hum hai na.
Federal Bank tagline :- Your Perfect Banking Partner. Insurance companies IRDA
Oriental Bank of Commerce (OBC) :- Where every individual Housing Finance Companies NHB
is committed. Venture Capital Fund / SEBI
Syndicate Bank tagline :- Your faithful and friendly financial Merchant Banking companies SEBI
partner Stock broking companies SEBI
UCO Bank tagline :- Honours Your Trust. Nidhi Companies Ministry of corporate
Bhartiya Mahila Bank tagline :- Empowering Women. affairs
BNP Paribas tagline :- The bank for a changing world.
56
TYPES OF BANKING Head Quarters : Mumbai
Para banking- When Bank provides banking services except the
general banking facility. REGIONAL RURAL BANK (RRB):
Narrow Banking- When banks invest its money in Govt. Regional Rural Bank Were Set Up By An Ordinance In 1975,
securities instead investing in market to avoid risk. Later Replaced By Rrbs Act, 1976 As Pre Banking
Offshore Banking- Bank which accept currency of all countries. Commission Recommendation In 1975.
Green banking- Promoting environmental-friendly practices Father Of Rrb Is M.Swaminathan.
and reducing your carbon footprint from your banking activities. The Govt. Of India Had Appointed A Working Group On Rural
Retail Banking- Retail banking refers to the division of a bank Banks Under The Chairmanship Of Mr. M. Narasimham In
that deals directly with retail customers. Also known as 1975. First Rrbs Were Set Up On 2nd Oct.
consumer banking or personal banking, retail banking is the Share Holder Contribution In %: Govt. Of India 50% Sponsor
visible face of banking to the general public. Bank 35% State Govt. 15% Total 100%.
Wholesale banking-Wholesale banking is the provision of
services by banks to organisations such as Mortgage Brokers, EXIM BANK:
large corporate clients, mid-sized companies, real estate The Export-Import (EXIM) Bank of India is the principal
developers and investors, international trade finance businesses, financial institution in India for coordinating the working of
institutional customers (such as pension funds and Govt. institutions engaged in financing export and import trade.
entities/agencies), and services offered to other banks or other It is a statutory corporation wholly owned by the Govt. of
financial institutions. India.
Universal Banking It was established on January 1, 1982 for the purpose of
R H Khan committee and recommended the concept of Universal financing, facilitating and promoting foreign trade of India.
Banking. Universal banking means allowing Fls and banks to Chairman- Yaduvendra Mathur
undertake all types of banking or development financing activity, Head Quarters : Mumbai
subject to compliance of statutory and other requirements of RBI,
Govt. and related legal Acts. NATIONAL HOUSING BANK(NHB):
Islamic Banking: An Islamic bank is a deposit-taking banking The National Housing Bank (NHB), the apex institution of
institution whose scope of activities excluding borrowing and housing finance in India, was set up as wholly owned
lending on the basis of interest. subsidiary of RBI.
The bank started its operations from July 1988.
FINANCIAL INSTITUTIONS NHB is a subsidiary bank of RBI.
National Bank for Agriculture and Rural Development National Housing Bank was established under section 6 of
(NABARD) : National Housing Bank Act(1987).
Established on 12th July 1982 on the recommendation of The headquarters of NHB is in New Delhi.
CRAFICARD committee (also called as Sivaraman Comittee) Chairman: Shri Sriram Kalyanaraman
For Agricultural finance, NABARD is the apex organization.
Chairman : Dr. Harsha Kumar Bhanwala ECGC
Head Quarters : Mumbai Export Credit Guarantee Corporation of India. This
It assists Cooperative Banks, RRBs, LAND Development organisation provides risk as well as insurance cover to the
Banks and Scheduled Commercial banks in lending to Indian exporters.
farmers, rural artisans and other nonfarmers in rural areas Chairman- Geetha Muralidhar
and to the State Govt.s for minor irrigation. Head Quarters : Mumbai
Rural Infrastructure Development Fund (RIDF) is operated
by NABARD, instead in April 1995. A brief on Financial Terms
NABARD is the "Micro-Finance Regulatory Authority" 1. Asset-Liability Management
ALM implemented in India wef 1.4.1999 is a comprehensive
SIDBI and dynamic framework for measuring, monitoring and
SIDBI (SIDBI in short) was established in the year 1990 managing the market risk of a bank. It is the management of
(Date : 2nd April 1990) under the SIDBI Act 1989 as a structure of balance sheet (liabilities and assets) to maximize
subsidiary of Industrial Development Bank of India. net earning from interest within overall risk-preference
It is the principal financial institution for promotion, (present and future) of the bank.
financing and development of small, tiny and cottage sector. 2. Cross Selling
Chairman- Dr. Kshatrapati Shivaji Cross-selling Stands for offering to the existing and new
Head Quarters : Lucknow customers, some additional banking products, with a view to
Expand banking business, reduce the per customer cost of
Securities and Exchange Board of India (SEBI) operations and provide more satisfaction and value to the
It is the regulator for the securities market in India. SEBI was customer.
initially established as a non statutory body in April 1988, to 3. Credit Card Business
regulate the working of stock exchange. Later it was given a Issue of cards
statutory status on April 1992 via SEBI Act, 1992 with the (a) Banks having net worth of Rs. 100 cr or above only can
following objectives. undertake the credit card business.
Chairman- UK Sinha

57
(b) RBI permission is not required to undertake credit card organization (say bank), are converted into debt instruments
issue business. (such as bonds with a fixed rate of return) and then sold.
What is ASBA? BANKING CODES and STANDARDS BOARD OF INDIA

ASBA is an application containing an authorization by the It was formed to oversee the Fair Practice Code evolved by the
investor to block the application money in his bank account, for Bankers. A Governing council of the BCSBI looks after its
subscribing to a public issue. Under ASBA, application money financial affairs and managerial policies. The tenure of the
shall be debited to the bank account only if application is selected Council is 5 years and the appointment of the Council after 5
for allotment is finalized. In case of rights issue, the money shall years would be with the concurrence of the RBI.
be debited to the account after the receipt of instruction from the
registrars. FINANCIAL SECTOR SCHEMES
LIQUIDITY ADJUSTMENT FACILITY KISAN VIKAS PATRA

Liquidity Adjustment Facility (LAF) was introduced by RBI KPV are regulated by KVP Rules 2014, Scheme is available
during June, 2000 in phases, to ensure smooth transition and through Post Offices and those banks that are authorized to
keeping pace with technological upgradation. operate PPF scheme.
Tenor: Reverse Repo auctions (for absorption of liquidity) and Denomination: Rs.1000, Rs.5000, Rs.10000 and Rs.50000
Repo auctions (for injection of liquidity) are conducted on a daily Maturity period: 8 years 4 months.
basis (except Saturdays). Rate of interest: Rs.1000 becomes double during the maturity
Cap: 0.25% of NDTL w.e.f. 01.04.14. period.
1. Nomination facility, 2. pledge for loan facility and 3. pre-mature
Marginal Standing Facility (MSF) payment after 2 years and 6 months subject to certain conditions,
MSF was introduced w.e.f. May 09, 2011, by RBI. is eligible.
Eligibility: Scheduled Commercial Banks having Current
Account and SGL Account with RBI. National Saving Certificates (NSCs)
Tenor and Amount: It can be availed up to 2% of NDTL at the NSCS are certificates issued by Govt of India and are available at
end of 2nd preceding fortnight. It is for one day. all post office counters.
Maturity: 5 (10 years discontinued Dec 2015).
CLEARING CORPORATION OF INDIA Denomination: Rs 100, Rs 500, Rs 1,000, Rs 5,000 and Rs
Clearing Corporation of India Limited (CCIL) was incorporated 10,000.
on 30th of April, 2001, as the countrys first clearing house for the Max amount of investment: No upper limit.
Govt. securities, forex and other related market segments. It Who can purchase: Individuals, singly or jointly or on behalf of
commenced operations from Feb 15, 2002. It provides a system minors. Trust and HUF cannot invest.
for efficient clearing of money, Govt. securities and foreign Nomination: One person. For denomination above Rs. 100, more
exchange market transactions. than one person can be nominated.
Collateralised Borrowing and Lending Obligation (CBLO) PUBLIC PROVIDENT FUND

CBLO, an RBI approved money market instrument, is developed It is operated by SBI/selected banks and post offices.
by CCIL for the benefit of the entities phased out from interbank Contribution: Min Rs.500 and max Rs.150000 p.a.
call money market or given restricted participation in terms of w.e.f.1.04.2014 (max 12 instalments in a year). Account can be
ceiling on call borrowing and lending transactions and who do opened with initial deposit of Rs.100.
not have access to the call money market. Period: 15 years. It can be extended by 5 years at the request of
It is a discounted instrument available in electronic book entry the subscriber.
form for the maturity period ranging from 7 days to 90 Days (can Interest for any amount and fresh deposit up to Rs.1 lac, qualify
be up to one year as per RBI guidelines). for income tax rebates.
Interest is 8.7% (1.4.15) allowed on the minimum balance
ASSET SECURITISATION between 5th and last day of the month.
Securitisation is process through which the future receivables
(say rent, installment of a term loan due in future) of an
STATIC AWARENESS CAPSULE
Famous Temples in India Ramanathaswamy (Rameshwaram) Temple : Tamil

Nadu
Badrinath Temple: Chamoli district, Uttarakhand Vaishno Devi Mandir: J&K, near Katra.
The Konark Sun Temple: Puri district of Odisha Siddhivinayak Temple: Prabha Devi, Mumbai
Brihadeeswara Temple: Thanjavur city of Tamil Nadu Gangotri Temple: Uttarkashi district of Uttarakhand
Somnath Temple: Prabhas Kshetra in Saurashtra Golden Temple or Sri Harmandir Sahib: Amritsar
(Gujarat) Kashi Vishwanath Temple: Varanasi (Uttar Pradesh)
Kedarnath Temple: Garhwal area (Uttarakhand) Lord Jagannath Temple: Puri (Orissa)
Sanchi Stupa: Raisen district of Madhya Pradesh Yamunotri Temple: Uttarkashi district of Uttarakhand
Meenakshi Temple: Madurai (Tamil Nadu)
58
Amarnath Cave Temple: State of J&K Gomateshwara Temple: Shravanabelagola town of
Lingaraja Temple: Orissa Karnataka
Tirupati Balaji: Tirumala (Andhra Pradesh) Ranakpur Temple: Pali district of Rajasthan
Kanchipuram Temples: Tamil Nadu Shirdi Sai Baba Temple: Shirdi town of Maharashtra
Khajuraho Temple: Madhya Pradesh Sree Padmanabhaswamy Temple :
Virupaksha Temple: Hampi, Bellary, Karnataka Thiruvananthapuram, the capital city of Kerala
Akshardham Temple: Delhi Dwarkadhish Temple: Dwarka city (Gujarat)
Shri Digambar Jain Lal Mandir: Oldest Jain temple in Laxminarayan Temple: In Delhi
Delhi
IMPORTANT AIRPORTS IN INDIA
Airport City State/UT

Kempegowda International Airport Bangalore Karnataka
Netaji Subhash Chandra Bose International Airport Kolkata West Bengal
Rajiv Gandhi International Airport Hyderabad Telangana
Sardar Vallabhbhai Patel International Airport Ahmedabad Gujarat
Chaudhary Charan Singh International Airport Lucknow Uttar Pradesh
Lokpriya Gopinath Bordoloi International Airport Guwahati Assam
Srinagar Airport Srinagar J&K
Biju Patnaik International Airport Bhubaneswar Odisha
Visakhapatnam Airport Visakhapatnam Andhra Pradesh
Devi Ahilyabai Holkar Airport Indore Madhya Pradesh
Dr. Babasaheb Ambedkar International Airport Nagpur Maharashtra
Lok Nayak Jayaprakash Airport Patna Bihar
Sri Guru Ram Dass Jee International Airport Amritsar Punjab
Swami Vivekananda Airport Raipur Chhattisgarh
Bagdogra Airport Bagdogra West Bengal
Veer Savarkar International Airport Port Blair andaman and Nicobar Islands
Birsa Munda Airport Ranchi Jharkhand
Maharana Pratap Airport Udaipur Rajasthan
Raja Bhoj International Airport Bhopal Madhya Pradesh
Jolly Grant Airport Dehradun Uttrakhand
Rajahmundry Airport Rajahmundry Andhra Pradesh
Silchar Airport Silchar Assam
Lengpui Airport Aizwal Mizoram
Zaruki International Airport Shillong Meghalaya
Daporijo Airport Daporijo Arunachal Pradesh
Tezu Airport Tezu Arunachal Pradesh
Kandla Airport Kandla Gujarat
Sonari Airport Jamshedpur Jharkhand
Birsa Munda Airport Ranchi Jharkhand
Agatti Aerodrome Agatti Lakshadweep
IMPORTANT AWARDS Bharat Ratna: It is the premier civilian award, to serve the
nation.
International Gandhi Peace Prize: For contributions Padma Vibhushan: Ranking wise the second award is the
towards social, economic and political transformation Padma Vibhushan in the Indian Republic. It awarded people
through non-violence and other Gandhian methods. from various fields including Govt. service to distinguish
Indira Gandhi Peace Prize: Recognition of creative efforts extraordinary service for the country.
toward promoting international peace, development and a Padma Bhushan: The Padma Bhushan is the highest civilian
new international economic order; ensuring that scientific award third in rank in the Indian Republic.
discoveries are used for the larger good of humanity, and Padma Shri: It is awarded to citizens of India for their
enlarging the scope of freedom. distinguished contribution in several fields including

59
Education, Literature, Arts, Science, Industry, Social Service, Kalinga Science
Medicine, Sports and Public Affairs. Dhanwantri Medical Science
Dronacharya Award: For brilliance in sports coaching. Bhatnagar Science
Dhyan Chand Award: Highest lifetime achievement award in Nobel Prize Peace, Literature, Economics, Physics,
sports and games in India Chemistry, Medical Science
Rajiv Gandhi Khel Ratna: Highest honor given for
Abel Maths
accomplishment in sports.
Merlin Magic
Literary Awards Man Booker Literature
Jnanpith Award Vachspati Sanskrit Literature
Vyas Samman: For literary in the Hindi language. Samman
Saraswati Samman: For outstanding prose or poetry literary
works in any Indian language listed in Schedule VIII of the BOUNDARY LINES
Constitution of India.
Durand Line is the line demarcating the boundaries of
PARAM VIR CHAKRA : Highest decoration Awarded for the Afghanistan and Pakistan. It was drawn up in 1896 by Sir
most conspicuous bravery or some daring or prominent act of Mortimer Durand.
valour or self-sacrifice in the presence of the enemy on land, Hindenburg Line is the boundary dividing Germany and
sea or air. Poland. The Germans retreated to this line in 1917 during
World War I.
MAHA VIR CHAKRA : Second highest decoration. It is Mason-dixon Line is a line of demarcation between four
awarded for acts of conspicuous gallantry in the presence of states in the United States.
the enemy, whether on land, at sea or in the air. Marginal Line was the 320 km line of fortification built by
France along its border with Germany before World War
VIR CHAKRA : II, to protect its boundary from German attack.
It is the third in the order of awards for acts of gallantry in the Mannerheim Line is the line of fortification on the
face of the enemy on land,sea or air. Russia-Finland border. Drawn up by General Mannerheim.
Macmahon Line was drawn up by Sir. Henry MacMahon,
ASHOK CHAKRA: demarcating the frontier of India and China. China did not
Awarded for the most conspicuous bravery or some daring recognize the MacMahon line and crossed it in 1962.
act of valour or self-sacrifice on land, at sea or in the air. Medicine Line is the border between Canada and the
United States.
Some Important Awards in the World Order-neisse Line is the border between Poland and
Germany, running along the Order and Beisse rivers,
Awards and Honours adopted at the poland Conference (August 1945) after
Radcliffe Line was drawn up by Sir Cyril Radcliffe,
Prize Field
demarcating the boundary between India and Pakistan.
Academy (Oscar) Film (From 1929)
Siegfried Line is the line of fortification drawn up by
Awards
Germany on its border with France.
Grammy Award Music (From 1958) 17th Parallel defined the boundary between North
Ramon Magasaysay Govt. (Public) Service, Social Vietnam and South Vietnam before the two were united.
Award Service, Journalism, Literature, 24th Parallel is the line which Pakistan claims for
Communication and International demarcation between India and Pakistan. This, however,
Understanding (From 1957) is not recognized by India.
Bourlog Award Agriculture (From 1992) 26th Parallel south is a circle of latitude which croses
through Africa, Australia and South America.
Some Important Awards in the India 30TH PARALLEL north is a line of latitude that Stands
one-third of the way between the equator and the North
Dada Saheb Phalke Film Pole.
Award 33rd Parallel north is a circle of latitude which cuts
Shankar Award Indian Philosophy, Culture through the southeren United States, parts of North Africa,
and Art parts of the Middle East, and China.
Kabir Samman Socio communal Harmony 35th Parallel north forms the boundary between the
State of North Carolina and the State of Georgia and the
List of Important Awards and its Related Fields boundary between the State of Tennessee arid the State of
Georgia the State of Alabama, and the State of Mississippi.
36030 Parallel north forms the boundary between the
Awards Related Fields
Tennessee and Commonwealth of Kentucky between the
Grammy Music Tennessee River and the Mississippi River, the boundary
Pulitzer Journalism and Literature between Missiouri and Arkansas west of the White River,
Arjun Sports and the northernmost boundary between the Texas and
Bowelay Agriculture the Oklahoma.

60
37th Parallel north formed the southern boundary of the Madupetty (Eb) Dam Palar Kerala
historic and extralegal Territory of Jefferson.
38th Parallel is the parallel of latitude which separates
Parbati II Dam Parbati Himachal Pradesh
North Korea and South Korea.
39th Parallel north is an imaginary circle of latitude that Chakra Dam Chakra Karnataka
is 39 degrees north of the Earths equatorial plane. Ukai Dam Tapi Gujarat
40th Parallel north formed the original northern
boundary of the British Colony of Maryland. CLASSICAL DANCES and FOLK DANCES IN INDIA
41th Parallel north forms the northern boundary of the
State of Colorado with Nebraska and Wyoming and the Indian Classical Dances
southern boundary of the State of Wyoming with Colorado Bharatnatyam: Popular in South Indian states of Tamil Nadu
and Utah. and Karnataka
42nd Parallel north forms most of the New York - Kathak: North India
Pennsylania Border. Kathakali: Kathakali is the classical dance form of Kerala.
43rd Parallel north forms most of the boundary between Kuchipudi: Kuchipudi is one of the classical dance forms of
the State of Nebraska and the State of South Dakota and the South India. Kuchipudi derives its name from the
also formed the northern border of the historic and Kuchipudi village of Andhra Pradesh.
extralegal Territory of Jefferson. Manipuri: Manipuri is one of the six major classical dances of
The Parallel 440 north is an imaginary circle of latitude India. Manipuri dance is indigenous to Manipur, the North
that is 44 degrees north of the Earths equatorial plane. eastern state of India.
45th Parallel north is often called the halfway point Mohiniattam: Mohiniattam is a classical dance form of
between the Equator and the North Pole. The Kerala.
45th parallel makes up most of the boundary between Odissi:Odissi is one of the famous classical Indian dances
Montana and Wyoming. 45th parallel of south latitude is from Orissa state.
the east-west line that marks the theoretical halfway point
between the equator and the South Pole. Folk Dances of India
49th Parallel is the boundary between USA and Canada Folk dances are performed for every possible occasion, to
celebrate the arrival of seasons, birth of a child, a wedding and
festivals.
IMPORTANT DAMS IN INDIA
Gaur dance: Folk dance of Madhya Pradesh dances
Dam River State Chhau : Folk dance of Bihar
Bihu: Folk dance of Assam
Tehri Dam Bhagirathi Uttarakhand Dumhal: Popular dance of Kashmir
Lakhwar Dam Yamuna Uttarakhand Padayani: One of the most colorful and popular dances of
Southern Kerala.
Idukki (Eb)/Idukki Periyar Kerala Dollu Kunitha: Popular drum dance of Karnataka state.
Arch Dam Dandiya: Popular folk dance of Gujarat.
Bhakra Dam Satluj Himachal Pradesh
The classical dance forms recognised by the Sangeet Natak
Pakal Dul Dam Marusudar J&K Akademi and the Ministry of Culture are as represented
Sardar Sarover Narmada Gujarat below:
Gujarat Dam
Srisailam (N.S.R.S.P) Krishna Telangana Dance form State(s) of origin
Dam Gaudiya Nritya West Bengal
Ranjit Sagar Dam Ravi Punjab Kathak Northern India (Uttar Pradesh)
Baglihar Dam CHENAB J&K Kathakali Kerala
Sattriya Assam
Pong Dam Beas Himachal Pradesh Ghoomar Rajasthan
Nagarjuna Sagar Krishna Telangana Thang Ta Manipur
Dam
Salal (Rockfill and Chenab J&K Folk dances in India
Concrete ) Dam
Supa Dam Kali Nadi Karnataka Bathukamma: A folk dance of Andhra Pradesh.
Koteshwar Dam Bhagirathi Uttarakhand
Changu: The changu dance is a folk dance found in Odissa
and Andhra Pradesh.
Rihand Dam Rihand Uttar Pradesh Dhaman: 1) A folk dance of Punjab. 2) A folk dance of
Indira Sagar (NHDC) Narmada Madhya Pradesh Andhra Pradesh
Dam Gair: This is a dance of Rajasthan. It is performed by
Pillur Dam Bhavani Tamil Nadu groups of dancers moving in and out with an almost
military precision.
61
Garba: This is a folk dance from Gujarat. It is traditionally Raas: This is a folk dance from Gujarat. It is traditionally
danced at marriages and during the time of Navaratri. danced at marriages and during the time of Navaratri.
Gatka: A folk dance utilising swords, daggers, or sticks Dumhal: A folk dance of Kashmir.
performed in the Punjab Odissi: Folk dance performed in Orissa.
Karagam: This is a folk dance of Tamil Nadu. It is played Chau: A popular dance performed in Orissa, bihar and
with a pot balanced on the head. west Bengal
IMPORTANT DAYS
July August September
4 July (first Saturday in July) 12 August International Youth Day 8 September International Literacy
International Day of Cooperatives 19 August World Humanitarian Day
11 July World Population Day Day 14 September Hindi Divas
15 July World Youth Skills Day 20 August Rajiv Gandhis Birth 15 September International Day of
18 July Nelson Mandela Anniversary (Sadhbhavana Democracy
International Day Diwas) 16 September International Day for
28 July World Hepatitis Day 29 August International Day the Preservation of the Ozone Layer
30 July World Day against against Nuclear Tests 21 September International Day of
Trafficking in Persons 30 August International Day of the Peace
Victims of Enforced 25 September World Maritime Day
Disappearances 27 September World Tourism Day
October November December
1 October National Voluntary 14 November World Diabetes Day 1 December World AIDS Day
Blood Donation Day 16 November International Day 2 December National Pollution
2 October International Day of for Tolerance Control Day
Non-Violence 19 November National Integration 4 December Naval Day
5 October World Teachers Day Day (Indira Gandhis Birthday) 3 December National Conservation
5 October World Habitat Day 19 November World Philosophy Day
8 October Air Force Day Day 5 December World Soil Day
9 October World Post Day 20 November Universal Childrens 7 December International Civil
10 October World Mental Health Day Aviation Day
Day 20 November National Child 9 December International Anti-
10 October National Post Day Rights Day Corruption Day
16 October World Food Day 21 November World Television 10 December Human Rights Day
17 October International Day for Day 14 December National Energy
the Eradication of Poverty 26 November Constitution Day Conservation Day
20 October World Statistics Day 18 December International Migrants
24 October UN Day Day
31 October Anti -Terrorism Day 20 December International Human
Solidarity Day
24 Dec- National Consumers Rights
Day
Other Important Days: 24th March- World T.B. day

12th January- National Youth day (Birthday of 2 April- World Autism Awareness Day
Vivekananda). 7th April- World Health day
15th January- Army day. 21st April- Civil service day
24th Jan- National Girl Child Day. 22nd April- World Earth day
25th January- National tourism day/ Voters day 24th April- Panchayat Divas
30th January- National Martyrs day and World anti Leprosy 1st May- International Labour day
Day
4th Feb- World Cancer Day. COUNTRY and CURRENCY
28th Feb- National science day
8th March- International women day African Countries
9th March- World Kidney day Name Capital Currency
15th March- World Consumer rights day , Algeria Algiers Dinar
20th March- World Sparrow Day and International Angola Luanda Kwanza
Happiness Day.
Cameroon Yaound CFA franc
21st March- World Forestry day
Egypt Cairo Egyptian pound
22nd March- World water day
23rd March- World Meteorological day Ethiopia Addis Ababa Birr

62
Gambia Banjul Gambian dalasi Nepal Kathmandu Nepalese rupee
Ghana Accra Ghana cedi North Korea Pyongyang North Korean won
Kenya Nairobi Kenyan shilling Oman Muscat Rial
Liberia Monrovia Liberian dollar Pakistan Islamabad Pakistani Rupee
Libya Tripoli Dinar Philippines Manila Philippine Peso
Madagascar Antananarivo Malagasy ariary Qatar Doha Riyal
Mali Bamako CFA franc Saudi Arabia Riyadh Saudi riyal
Mauritius Port Louis Mauritian rupee South Korea Seoul South Korean won
Morocco Rabat Moroccan dirham Sri Lanka Sri Sri Lankan rupee
Mozambique Maputo Mozambican Jayawardenepur
metical a-Kotte
Namibia Windhoek Namibian dollar Syria Damascus Syrian pound
Nigeria Abuja Naira Taiwan Taipei New Taiwan dollar
Rwanda Kigali Rwandan franc Tajikistan Dushanbe Somoni
Seychelles Victoria Seychellois rupee Thailand Bangkok Baht
Sierra Leone Freetown Leone Turkey Ankara Turkish lira
Somalia Mogadishu Somali shilling [Europe]
South Africa Cape Town South African rand Turkmenistan Ashgabat Turkmen new
South Sudan Juba South Sudanese manat
pound United Arab Abu Dhabi UAE dirham
Sudan Khartoum Sudanese pound Emirates
Tanzania Dodoma Tanzanian shilling Uzbekistan Tashkent Uzbekistan som
(official)
Tunisia Tunis Tunisian dinar European Countries
Uganda Kampala Ugandan shilling
Zambia Lusaka Zambian kwacha Name Capital Currency
Zimbabwe Harare US dollar Albania Tirana Lek
Austria Vienna Euro
Asian Countries Belarus Minsk Belarusian ruble
Name Capital Currency Belgium Brussels Euro
Afghanistan Kabul Afghani Bulgaria Sofia Lev
Bahrain Manama Bahraini dinar Croatia Zagreb Kuna
Bangladesh Dhaka Taka Czech Republic Prague Czech koruna
Bhutan Thimphu Bhutanese Denmark Copenhagen Danish krone[a]
ngultrum Finland Helsinki Euro
Cambodia Phnom Penh Riel France Paris CFP franc
China Beijing Renminbi (yuan) Germany Berlin Euro
Cyprus Nicosia Euro Greece Athens Euro
[Europe] Hungary Budapest Forint
Georgia Tbilisi Lari Iceland Reykjavk Icelandic krna
[Europe] Ireland Dublin Euro
Indonesia Jakarta Rupiah Italy Rome Euro
Iran Tehran Rial Latvia Riga Euro
Iraq Baghdad Iraqi dinar Lithuania Vilnius Euro
Israel Jerusalem New Shekel Luxembourg Luxembourg Euro
Japan Tokyo Yen Malta Valletta Euro
Kazakhstan Astana Tenge Monaco Monaco Euro
Kyrgyzstan Bishkek Som Netherlands Amsterdam Euro
Laos Vientiane Kip Norway Oslo Norwegian krone
Lebanon Beirut Lebanese pound Poland Warsaw Zoty
Malaysia Kuala Lumpur Ringgit Portugal Lisbon Euro
(official) Romania Bucharest Romanian leu
Maldives Mal Maldivian rufiyaa Russia Moscow Russian ruble
Mongolia Ulaanbaatar Tgrg Serbia Belgrade Serbian dinar
Myanmar Naypyidaw Kyat Slovakia Bratislava Euro
(Burma) Spain Madrid Euro

63
Sweden Stockholm Swedish krona IMPORTANT INDIAN TOWNS ON RIVERS
Switzerland Bern Swiss franc
Ukraine Kiev Ukrainian hryvnia Allahabad At the confluence of the
United London Pound sterling Ganga and Yamuna
Kingdom Patna Ganga
Vatican City Vatican City Euro Varanasi Ganga
Kanpur Ganga
North American Countries Haridwar Ganga
Name Capital Currency Badrinath Alaknanda
Bahamas Nassau Bahamian Dollar Agra Yamuna
Barbados Bridgetown Barbadian Dollar Delhi Yamuna
Bermuda Hamilton Bermudian Dollar Mathura Yamuna
Canada Ottawa Canadian Dollar Ferozpur Satluj
Cuba Havana Cuban peso Ludhiana Satluj
Jamaica Kingston Jamaican Dollar Srinagar Jhelum
Mexico Mexico City Mexican peso Lucknow Gomti
Nicaragua Managua Nicaraguan cordoba Jaunpur Gomti
Panama Panama City Panamanian balboa Ayodhya Saryu
Trinidad and Port of Spain Trinidad and Tobago Bareilly Ram Ganga
Tobago Dollar Ahmedabad Sabarmati
United States Washington, United States Dollar Kota Chambal
D.C. Jabalpur Narmada
Panji Mandavi
South American Countries Ujjain Shipra
Name Capital Currency Surat Tapti
Argentina Buenos Aires Peso Jamshedpur Subarnarekha
Bolivia Sucre Boliviano Dibrugarh Brahmaputra
Brazil Braslia Real Guwahati Brahmaputra
Chile Santiago Peso Kolkata Hooghly
Colombia Bogot Peso Sambalpur Mahanadi
Ecuador Quito United States dollar Cuttack Mahanadi
Paraguay Asuncin Guaran Srirangapatna Cauvery
Peru Lima Nuevo sol Hyderabad Musi
Uruguay Montevideo Uruguayan peso Nasik Godavari
Venezuela Caracas Bolvar fuerte Vijayvada Krishna
Kurnool Tungabhadra
Other Countries Tiruchirapalli Cauvery
Name Capital Currency
Australia Canberra Australian dollar Nick Names of Important Indian Places
Fiji Suva Fijian dollar
New Zealand Wellington New Zealand Dollar Nick Names City
Golden City Amritsar
Best Food Festivals Around the World Manchester Of India Ahmedabad
Ivrea Orange Festival Ivrea, Italy City Of Seven Islands Mumbai
Maslenitsa Festival (Pancake Festival) Moscow, Russia Queen Of Arabian Sea Cochin
Melbourne Food and Wine Festival Melbourne, Australia Space City Bangalore
International Mango Festival New Delhi, India Garden City Of India Bangalore
Maine Lobster Festival Harbor Park, Rockland, Maine, USA Silicon Valley Of India Bangalore
San Francisco Street Food Festival San Francisco, Electronic City Of India Bangalore
Mistura Food Festival Lima, Peru
Pink City Jaipur
Oktoberfest Munich, Germany
Gateway Of India Mumbai
Baltic Herring Festival Helsinki, Finland
Alba White Truffle Festival Alba, Italy Twin City: Hyderabad, Secunderabad
Monkey Buffet Festival Lopburi Province, Thailand City Of Festivals Madurai
Chocolate Festival London, UK Deccan Queen Pune
City Of Buildings Kolkata
Dakshin Ganga Godavari

64
Old Ganga Godavari Bundaberg Rum Stadium- Cairns
Egg Bowls Of Asia Andhra Pradesh Telstra Dome- Melbourne
Soya Region Madhya Pradesh Manuka Oval- Canberra
Manchester Of The South Coimbatore Marrara Cricket Ground- Darwin
Melbourne Cricket Ground- Melbourne
City Of Nawabs Lucknow
Sydney Cricket Ground- Sydney
Venice Of The East Cochin
W.A.C.A. Ground- Perth
Sorrow Of Bengal Damodar River
Sorrow Of Bihar Kosi River Stadiums in Bangladesh
Blue Mountains Nilgiri Bangabandhu National Stadium- Dhaka
Queen Of The Mountains Mussoorie (Uttarakhand) Chittagong Stadium- Chittagong
Sacred River Ganga
Hollywood Of India Mumbai Stadiums in England
City Of Castles Kolkata Edgbaston- Birmingham
State Of Five Rivers Punjab Headingley- Leeds
City Of Weavers Panipat Lord's- London
Old Trafford- Manchester
City Of Lakes Srinagar
Sophia Gardens- Cardiff
Steel City Of India Jamshedpur (Called Tatanagar)
St Lawrence Ground- Canterbury
City Of Temples Varanasi The Brit Oval- London
Manchester Of The North Kanpur Trent Bridge- Nottingham
City Of Rallies New Delhi
Heaven Of India J&K Stadiums in India
Boston Of India Ahmedabad Barabati Stadium -Cuttack
Garden Of Spices Of India Kerala Barkatullah Khan Stadium -Jodhpur
Switzerland Of India Kashmir Brabourne Stadium -Mumbai
Abode Of The God Prayag(Allahabad) Eden Gardens -Kolkata
Pittsburg Of India Jamshedpur Feroz Shah Kotla -Delhi
Gandhi Stadium -Jalandhar
Green Park -Kanpur
DEFENCE FORCE EXERCISE BETWEEN INDIA and WORLD
Indira Gandhi Stadium -Vijayawada
Garuda: India-France Rajiv Gandhi Port Silver Jubilee Stadium -Visakhapatnam
HAND-HAND: India-China Jawaharlal Nehru Stadium -New Delhi
Indra: India-Russia Lal Bahadur Shastri Stadium -Hyderabad
M.Chinnaswamy Stadium -Bangalore
Jimex: India-Japan
MA Chidambaram Stadium -Chennai
Malbar: Us-India
Shade: Naval Forces Of India, Japan and China Madhavrao Scindia Cricket Ground -Rajkot
Surya Kiran: India and Nepal Moin-ul-Haq Stadium -Patna
Varuna: France and India Sardar Vallabhai Patel Motera Stadium -Ahmedabad
Sawai Mansingh Stadium -Jaipur
Simbex: Indian Navy With Republic Of Singapore Navy
Vidarbha CA Ground -Nagpur
Ibsamar: India with Brazil and South African Navy
Konkan: Indian Navy and Royal Navy Of Britain Wankhede Stadium Mumbai
Ausindex: Indian and Australian Navy Jawaharlal Nehru Stadium: Kochi(Kerala)
Indradhanush Or Rainbow: India-Uk Air Exercises Dr. Bhupen Hazarika Cricket Stadium: Guwahati(Assam)
Nomadic Elephant: Indian Army Exercises with Mongolia Dhyan Chand National Stadium: Delhi
Ekuverin: Maldives and India
Stadiums in New Zealand
Garuda Shakti: India and Indonesia
Mitra Shakti: India-Sri Lanka Basin Reserve-Wellington
Naseem Al-Bahr: India-Oman Eden Park-Auckland
SLINEX: Joint exercise in Navy between India and Sri Lanka Jade Stadium-Christchurch
John Davies Oval-Queenstown
Sahyog-Kaijin -Joint exercise of Coast Guards of India and
McLean Park-Napier
Japan
Malabar: India and US
Yudh Abhyas: India and US Stadiums in Pakistan
Red flag: India and US Arbab Niaz Stadium-Peshawar
Ayub National Stadium-Quetta
Cope: India and US
Gaddafi Stadium-Lahore
Stadiums Around the World
Stadiums in Australia Stadiums in South Africa
Adelaide Oval- Adelaide Kingsmead-Durban
New Wanderers Stadium-Johannesburg
65
Newlands-Cape Town Queens Sports Club-Bulawayo
St George's Park-Port Elizabeth
Centurion Super Sport Park-Pretoria Stadiums in United Arab Emirates
Sheikh Zayed Stadium-Abu Dhabi
Stadium in Sri Lanka Sharjah Cricket Stadium-Sharjah
Colombo Cricket Club Ground-Colombo
Galle International Stadium-Galle
P.Saravanamuttu Stadium-Colombo
R.Premadasa Stadium-Colombo
Sinhalese Sports Club Ground-Colombo
Stadiums in West Indies

Sabina Park Kingston-Jamaica
Antigua Recreation Ground St John's-Antigua
Guyana Cricket Stadium Georgetown-Guyana
Kensington Oval Bridgetown-Barbados
Mindoo Phillip Park Castries-St Lucia
Albion Sports Complex Berbice-Guyana
Stadiums in Zimbabwe
Bulawayo Athletic Club-Bulawayo
Harare Sports Club-Harare
Kwekwe Sports Club-Kwekwe
CMSS/GOVERNORS OF STATES IN INDIA
State Capital CM Governor

Andhra Pradesh Amravathi [*Hyderabad initially] N. Chandrababu Naidu E. S. L. Narasimhan
Arunachal Pradesh Itanagar Kalikho Pul Jyoti Prasad Rajkhowa
Assam Dispur Sarbananda Sonowal Padmanabha Acharya
Bihar Patna Nitish Kumar Ram Nath Kovind
Chhattisgarh Raipur Raman Singh Balram Das Tandon
Delhi New Delhi Arvind Kejriwal Najeeb Jung
Goa Panaji Laxmikant Parsekar Mridula Sinha
Gujarat Gandhinagar Anandiben Patel Om Prakash Kohli
Haryana Chandigarh (shared with Punjab) Manohar Lal Khattar Kaptan Singh Solanki
Himachal Pradesh Shimla Virbhadra Singh Acharya Dev Vrat
J&K Srinagar (Summer) Jammu (Winter) Mehbooba Mufti Narinder Nath Vohra
Jharkhand Ranchi Raghuvar Das Draupadi Murmu
Karnataka Bangalore Siddaramaiah Vajubhai Vala
Kerala Thiruvananthapuram Pinarayi Vijayan P. Sathasivam
Madhya Pradesh Bhopal Shivraj Singh Chouhan Ram Naresh Yadav
Maharashtra Mumbai Devendra Fadnavis C. Vidyasagar Rao
Manipur Imphal Okram Ibobi Singh V. Shanmuganthan
Meghalaya Shillong Mukul Sangma V. Shanmuganthan
Mizoram Aizawl Lal Thanhawla Nirbhay Sharma
Nagaland Kohima T. R. Zeliang Padmanabha Acharya
Odisha Bhubaneshwar Naveen Patnaik S. C. Jamir
Puducherry Puducherry N. Rangaswamy Kiran Bedi
Punjab Chandigarh (shared with Haryana) Parkash Singh Badal Kaptan Singh Solanki
Rajasthan Jaipur Vasundhara Raje Kalyan Singh

66
Sikkim Gangtok Pawan Kumar Chamling Shriniwas Dadasaheb Patil
Tamil Nadu Chennai Jayalalithaa K. Rosaiah
Telangana Hyderabad K. Chandrashekar Rao E. S. L. Narasimhan
Tripura Agartala Manik Sarkar Tathagata Roy
Uttar Pradesh Lucknow Akhilesh Yadav Ram Naik
Uttarakhand Dehradun Harish Rawat Krishan Kant Paul
West Bengal Kolkata Mamata Banerjee Keshari Nath Tripathi
WILDLIFE SANTUARIES/NATIONAL PARKS / POWER PLANTS IN INDIA
S.no States National Parks(NP) Wild Life Sanctuaries(WLS) Power Plants

1. J and K Dachigam National Park Gulmarg WLS -
Governor: Narendra Hemis National Park Limber WLS
Vohra Kishtwar National Park Nandini WLS
Capital: Salim Ali National Park
Jammu(Summer)
Srinagar(Winter)
2. Himachal Pradesh Pin Valley National Park Bandli WLS Girinagar Hydel
CM: Virbhadra Singh Great Himalayan National Daranghati WLS Project
Governor: Acharya Dev Park Dhauladhar WLS Binwa Hydel Project
Vrat Inderkilla National Park Nargu WLS Rangtong Hydel
Capital: Shimla Khirganga National Park Pong Dam Lake WLS Project
Simbalbara National Park Shilli WLS Baner and Neugal
Talra WLS Project
3. Punjab - Abohar WLS Guru Gobind Singh
CM: Parkash Singh Badal Harike Lake WLS Super Thermal Power
Governor: Kaptain Jhajjar Bacholi WLS Plant
Solanki
Capital: Chandigarh
4. Haryana Kalesar National Park Bhindawas WLS Gorakhpur Atomic
CM: Manohar Lal Khattar Sultanpur National Park Kalesar WLS Power Station
Governor: Kaptain Khaparwas WLS Deenbandhu Chhotu
Solanki Ram Thermal Power
Capital: Chandigarh Station
Rajiv Gandhi Thermal
Power Station
5. UP Dudhwa National Park Hastinapur WLS Narora Atomic Power
CM: Akhilesh Yadav Ranipur WLS Station
Governor: Ram Naik Sohagibarwa WLS Rihand Thermal Power
Capital: Lucknow Sur Sarovar WLS Station
Chandraprabha WLS Anpara Thermal Power
National Chambal WLS Station
6. Bihar Valmiki National Park Gautam Budha WLS Kahalgaon Super

CM: Nitish Kumar Kaimur WLS Thermal Power Station
Governor: Ram Nath Pant (Rajgir) WLS Barauni Thermal
Kovind Valmiki WLS Power Station
Capital: Patna
7. Chattisgarh Indravati National Park Badalkhol WLS Sipat Thermal Power
CM: Raman Singh Kanger Valley National Park Bhairamgarh WLS Plant
Governor: Balram Guru Ghasi Das (Sanjay) Bhoramdev WLS Hasdeo Thermal Power
Tandon Udanti Wild Buffalo WLS Station
Capital: Raipur Bhilai Expansion
Power Plant
8. Jharkhand Betla National Park Lawalong WLS Chandrapura Thermal
CM: Raghuvar Das Palkot WLS Power Station
Governor: Draupadi Parasnath WLS Koderma Thermal
Murmu Power Station
Capital: Ranchi

67
Bokaro Thermal Power
Station
9. Andhra Pradesh Sri Venkateswara National Coringa WLS Simhadri Super

CM: N. Chandrababu Park Kawal WLS Thermal Power Plant
Naidu Mrugavani National Park Kolleru WLS Sri Damodaram
Governor: E.S.L Rajiv Gandhi National Park Nellapattu WLS Sanjeevaiah Thermal
Narasimhan Pulicat Lake WLS Power Station
Capital: Hyderabad Namdapha National Park Rajiv Gandhi (Nagarjuna
Mouling National Park Sagar-Srisailam) WLS
Rollapadu WLS
10. Assam Dibru-Saikhowa National Amchang WLS Bongaigaon Thermal
CM: Sarbananda Park Chakrashila WLS Power Plant
Sonowal Kaziranga National Park Dihing Patkai WLS
Governor: P.V. Acharya Manas National Park East Karbi Anglong WLS
Capital: Dispur Nameri National Park North Karbi Anglong
Rajiv Gandhi Orang National WLS
Park Nambor WLS
11. Goa Bhagwan Mahavir (Mollem) Bondla WLS -
CM: Laxmikant Parsekar National Park Madei WLS
Governor: Mridula Sinha Bhagwan Mahavir
Capital: Panaji (Mollem) WLS
Netravali WLS
12. Gujarat Blackbuck National Park, Jambugodha WLS Mundra Thermal
CM: Anandiben Patel Velavadar Jessore WLS Power Station
Governor: O.P.Kohli Gir Forest National Park Kutch Desert WLS Ukai Thermal Power
Capital: Gandhinagar Marine National Park, Gulf Mitiyala WLS Station
of Kutch Porbandar Lake WLS Akrimota Thermal
Bansda National Park Rampara Vidi WLS Power Station
Ratanmahal WLS
Shoolpaneswar
(Dhumkhal) WLS
Thol Lake WLS
Wild Ass WLS
13. Karnataka Bandipur National Park Arabithittu WLS Kakrapar Nuclear
CM: Siddaramaiah Bannerghatta National Park Attiveri WLS Power Plant
Governor: Vajubhai R. Bhadra WLS Raichur Thermal
Vala Kudremukh National Park Bhimgad WLS Power Station
Capital: Bangalore Nagarhole National Park Brahmagiri WLS Udupi Thermal Power
Anshi national park Cauvery WLS Plant
Nugu WLS Bellary Thermal Power
Pushpagiri WLS Station
Ranganathittu Bird WLS
Sharavathi Valley WLS
Someshwara WLS
14. Kerala Eravikulam National Park Aralam WLS Brahmapuram Power
CM: Pinarayi vijayan Mathikettan Shola National Chimmony WLS Station
Governor: P. Park Idukki WLS Kayamkulam Power
Sathashivam Periyar National Park Malabar WLS Station
Capital: Silent Valley National Park Mangalavanam Bird
Trivandampuram Anamudi Shola National WLS
Park Neyyar WLS
Pampadum Shola National Periyar WLS
Park Thattekad Bird WLS

68
15. MP Kanha National Park Bori WLS Vindhyachal Super
CM: Shivraj Singh Madhav National Park Gandhi Sagar WLS Thermal Power Station
Chouhan Mandla Plant Fossils Ghatigaon WLS Sant Singaji Thermal
Governor: Ram Naresh National Park Ken Gharial WLS Power Plant
Yadav Panna National Park Narsighgarh WLS Satpura Thermal
Capital: Bhopal Pench National Park National Chambal WLS Power Station
Sanjay National Park Orcha WLS Amarkantak Thermal
Satpura National Park Kuno WLS Power Station
Van Vihar national park Sardarpur WLS Sasan Ultra Mega
Son Gharial WLS Power Project
16. Maharashtra Chandoli National Park Aner Dam WLS Tarapur Atomic Power Station
CM: Devendra Fadnavis Navegaon National Park Bhamragarh WLS Tirora Thermal Power Station
Governor: C. Vidyasagar Bhimashankar WLS Amravati Thermal Power Plant
Rao Tadoba National Park Great Indian Bustard
Capital: Mumbai Gugamal national park WLS
Jaikwadi WLS
Koyana WLS
Nagzira WLS
Painganga WLS
Radhanagari WLS
Sagareshwar WLS
Tipeshwar WLS
Tungareshwar WLS
17. Manipur Keibul Lamjao National Yangoupokpi-Lokchao -
CM: Okram Ibobi Singh Park WLS
Governor: V.
Shanmuganathan
Capital: Imphal
18. Meghalaya Balphakram National Park Baghmara Pitcher Plant -
CM: Mukul Sangma WLS
Governor: V. Nokrek National Park Nongkhyllem WLS
Shanmuganathan Siju WLS
Capital: Shillong
19. Mizoram Murlen National Park Dampa WLS (TR) -
CM: Lal Thanhawla Phawngpui Blue National Ngengpui WLS
Governor: Nirbhaya Park Pualreng WLS
Sharma Mountain National Park Tokalo WLS
Capital: Aizawl
20. Nagaland Intanki National Park Fakim WLS Dikhu Hydro Electric
CM: T. R. Zeliang Puliebadze WLS Power Plant
Governor: P.B.Acharya Rangapahar WLS
Capital: Kohima
21. Odisha Bhitarkanika National Park Badrama WLS Talcher Super Thermal
CM: Naveen Patnaik Baisipalli WLS Power Station
Governor: S.C. Jamir Simlipal National Park Chilika (Nalaban) WLS
Capital: Hadgarh WLS
Bhubaneshawer Khalasuni WLS
Satkosia Gorge WLS
22. Rajasthan Sariska National Park Bundh Baratha WLS Chhabra Thermal
CM: Vasundhara Raje Ranthambore National Park Darrah WLS Power Station
Governor: Kalyan Singh Jawahar Sagar WLS Suratgarh Power
Capital: Jaipur Darrah National Park Kailadevi WLS Station
Desert National Park Mount Abu WLS
Keoladeo National Park Ramsagar WLS
Sariska WLS
Sawai Man Singh WLS
Shergarh WLS
Sitamata WLS

69
23. Sikkim Khangchendzonga National Fambong Lho WLS Rangit Hydro Electric
CM: Pawan Kumar Park Kitam WLS (Bird) Power Prject
Chamling Maenam WLS
Governor: Srinivas Pangolakha WLS
Patel
Capital: Gangtok
24. Tamil Nadu Mudumalai National Park Indira Gandhi Kudankulam Nuclear
CM: Jayalalithaa (Annamalai) WLS Power Plant
Governor: K. Rosaiah Mukurthi National Park Kalakad WLS Neyveli Thermal
Capital: Chennai Indira Gandhi (Annamalai) Karaivetti WLS Tuticorin Thermal
National Park Karikili WLS Power Station
Guindy National Park Mudumalai WLS
Gulf of Mannar Marine Pulicat Lake WLS
National Park Vaduvoor WLS
Vedanthangal WLS
Vettangudi WLS
25. Tripura Bison( Rajbari ) National Gumti WLS Palatana Thermal
CM: Manik Sarkar Park Rowa WLS Power Plant
Governor: Tathagata Clouded Leopard National Sepahijala WLS
Roy Park Trishna WLS
Capital: Agartala
26. UK Gangotri National Park Askot Musk Deer WLS Chibro Power Plant
CM: Harish Rawat Jim Corbett National Park Binsar WLS Khodri Power Plant
Governor: K.K. Paul Valley of Flowers National Govind Pashu Vihar WLS Chilla Power Plant
Capital: Dehradun Park Kedarnath WLS
Sonanadi WLS
27. WB Buxa National Park Ballavpur WLS Mejia Thermal Power
CM: Mamata Banerjee Neora Valley NationalPark Chintamani Kar Bird Station
Governor: Keshari Nath Singalila National Park Sanctuary Farakka Super Thermal
Tripathi Haliday Island WLS Power Station
Capital: Kolkata Sundarbans National Park Lothian Island WLS Kolaghat Thermal
Mahananda WLS Power Station
Bakreshwar Thermal
Power Station
Durgapur Steel
Thermal Power Station

70

Final GK Power Capsule 2016

Uploaded by

Copyright:

Available Formats

Final GK Power Capsule 2016

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Final GK Power Capsule 2016

Uploaded by

Copyright:

Available Formats

GK POWER CAPSULE FOR UIIC AO & SBI CLERK MAINS 2016

BANKING and FINANCIAL AWARENESS CURRENT AFFAIRS

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

34. MoU on Capacity Enhancement on Sustainable Govt. of Mizoram and the

NEW APPOINTMENTS (INDIA)

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

NEW APPOINTMENTS (WORLD)

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

SUMMITS HELD INTERNATIONALLY

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

Rajasthan in News Rajasthan to Be 1st State to Issue Ads to Appoint VC.

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

LIST/INDEXES ANNOUNCED RECENTLY

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

IMPORTANT DAYS OBSERVED RECENTLY

BOOKS and AUTHORS

MISSILE LAUNCHED/INS INDUCTED Odisha. It is a tactical short-range ballistic missile (SRBM)

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

CRICKET NEWS International Cricket Council (ICC) has suspended Hong

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

INTERNATIONAL ORGANIZATION IN NEWS

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

SCIENCE and TECHNOLOGY

ISRO IN NEWS NASA astronaut and Expedition 46 Commander Scott

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

INDIAN RAILWAYS IN NEWS heritage of the country. The portal is a collaborative

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

JUNE CURRENT AFFAIRS TONIC 1ST to 5th June 2016

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

All about the 58th Grammy's Award 2016

The Important winners in this year Grammy Awards were:

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

FINANCIAL BANKING AWARENESS

RBI Act. It issues directions, carries inspection (on-site as well as off-

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

Endorsement in full Demand Drafts

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in

www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in