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July 1, 2014

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Canada and Singapore (The PSLV put


into orbit SPOT satellite from France,
AISAT from Germany, NLS7.1 and
NLS7.2, both from Canada, and
VELOX-1 from Singapore. Antrix, the
commercial wing of the Department of
Space, will be charging a fee for putting
each of these satellites into orbit. The
launch was conducted from ISROs
spaceport at Sriharikota in Andhra
Pradesh)
1) State Bank of India (SBI) on 1 July
2014 launched six digital branches
across the nation to serve tech-savvy
customers. One of such branches in
Delhi was inaugurated on this day by
Finance Minister Arun Jaitley. Other 5
such branches are located in Mumbai,
Bangalore, Chennai and Ahmedabad.
What is the name given to this new
range of branches which will have full
digital
banking
capabilities?

sbiINTOUCH (These
sbiINTOUCH
branches will include instant account
opening with personalised debit cards,
instant loan approvals for education, car
and home and remote expert advisors
available via video links. The new
branches will be located in malls and
will be primarily aimed at youth, who
look for digital banking)
2) Indias Polar Satellite Launch Vehicle
(PSLV-C23) successfully put five
satellites from abroad into their perfect
orbits on 30 June 2014. These 5
satellites belonged to which four
countries?
France,
Germany,

3) Which public sector financial entity


engaged
in
commercial
and
development banking operations is
celebrating its 50th anniversary (Golden
Jubilee) during July 2014? Industrial
Development Bank of India
IDBI (IDBI was established in 1964
under an Act of Parliament as a wholly
owned subsidiary of the Reserve Bank
of India (RBI). In 1976, the ownership of
IDBI was transferred to the Government
of India and it was made the principal
financial institution for coordinating the
activities of institutions engaged in
financing, promoting and developing
industry in India. IDBI provided financial
assistance, both in rupee and foreign
currencies, for green-field projects as
also for expansion, modernisation and
diversification
purposes.
During
September 2004 the RBI incorporated
IDBI as a scheduled bank under
the RBI Act, 1934. Consequently, IDBI,
formally entered the portals of banking
business as IDBI Ltd. from 1 October
2004. The commercial banking arm,

IDBI BANK, was merged into IDBI in


2005)

4) It was reported in some newspapers


that the Finance Ministry is considering
doubling the exemption limit for
investments by individuals in financial
instruments to Rs 2 lakh in the
forthcoming Annual Budget. This is
being sought so as to give a major
boost to household savings. What was
the savings rate of India during 201213, a figure declining continuously since
2007-08? 30% of GDP (The savings
rate of the country stood at 38% of
countrys GDP during 2008. There have
been demands from bankers and
insurers to hike the tax exemption limit
from Rs 1 lakh per annum to encourage
household savings. The Direct Taxes
Code (DTC) too had recommended that
the combined ceiling for investments
and expenditures be raised to Rs 1.5
lakh per annum)

5) What is the name of the BPO


business of Shashi and Ravi Ruia of
Essar Group, a part of which is being
sold to Paris-based Teleperformance for
$600 million? Aegis BPO (Aegis, part
of the $39-billion Essar Group, is the
fourth largest Indian BPO company with
$800 million in revenues. Aegis offers a
suite of solutions to clients managing
over 1 billion customer interactions
every year for over 300 clients across
verticals such as BFSI, telecom,
healthcare, travel, retail and technology.
It employs more than 50,000 people
across 12 countries. Ruia brothers are
in the process of selling US and
Philippines operations of the company
to Teleperformance. Teleperformance is
a leading provider of outsourced
customer
experience
management
services)

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July 2, 2014

1) Which
wildlife
sanctuary
of
Maharashtra was recently notified as

the 47th Tiger Reserve of India and the


6th of Maharashtra? Bor Wildlife
Sanctuary(Bor Sanctuary is situated
in Wardha district of Maharashtra. Bor
becomes the sixth tiger reserve in
Maharashtra after Tadoba, Melghat,
Pench, Nagzira and Sahyadri, and the
47th in the country. With Project Tiger
coverage, the Bor Wildlife Sanctuary
notified by the state in 1970, would
now receive funding and technical
support
to
strengthen
tiger

conservation and eco-development


and to benefit local communities living
along the fringes of the reserve)

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4 CURRENT AFFAIRS

2) Indian Army Chief General Bikram


Singh started a rare official visit of
China from 2 July 2014 during which
he will hold talks with the top brass of
the Chinese military, foreign ministry
officials besides addressing the
Chinese military academy. This 4-day
visit will conclude on 5 July and is only
the second visit of an Indian Army
Chief to China. Who was the first Army
Chief to visit China? General N.C.
Vij (Vij visited China during 2005.
General Singh, also chair of the
committee of chiefs of staff of the
Indian armed forces, will hold talks
with General Fan Changlong, the Vice
Chairman
of
Chinas
Military
Commission. The Commission which
is the highest military body in China is
headed by Chinese President Xi
Jinping. This visit is a part of the new
emphasis on increased military-tomilitary contact between the armed
forces of the two countries)

3) Who headed the committee on


Tendulkar Committee methodology for
estimating poverty, the report of which
was
submitted
to
Planning
Commission on 1 July 2014? C.
Rangarajan (C.
Rangarajan,
the
former chief of Prime Ministers
Economic Advisory Council (PMEAC),
submitted the report to planning
minister Rao Inderjit Singh. The
Planning Commission in May 2012
had constituted the expert group under
the then PMEAC chairman C

Rangarajan to review the Tendulkar


Committee methodology for estimating
poverty, following an uproar over the
number of poor in the country. The
Planning Commissions estimates had
drawn flak in September, 2011 when
in an affidavit to the Supreme Court it
was stated that households with per
capita consumption of more than Rs.
32 in urban areas and Rs. 26 in rural
will not be treated as poor)

4) Which ship of the Indian Navy


became the first one from India to take
part in RIMPAC 2014 (Rim of the
Pacific Exercise), which is the worlds
largest international maritime warfare
exercise?
INS
Sahyadri (INS
Sahyadri is an indigenously built
guided missile stealth Frigate. It is
taking part in RIMPAC 2014, a naval
exercise in which 23 countries from
the world over are participating. The
massive exercise is being held from 26
June to 1 August 2014 at Honolulu,
Hawaii and is hosted by the US Navys
Pacific Fleet headquartered at Pearl
Harbour)

5) The United States has named a


mountain in Antarctica in honour of an
eminent Indian-American scientist
whose pioneering biological research
expedition has provided critical data
about animal populations. What is the
name of this Indian scientist who was
born
in
Bihar?
Akhouri
Sinha (Sinha, a professor in the
Department of Genetics, Cell Biology
and Development at the University of
Minnesota, was recognised by the US
Geological Survey, which named the

mountain Mt. Sinha, for his work he


did as an explorer in 1971-72. Sinha
belongs to Buxars Churamanpur
village in Bihar. He graduated with a

B.Sc. degree from the Allahabad


University in 1954 and M.Sc. degree in
Zoology from the Patna University in
1956)

July 3, 2014

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received a nearly 60% hike in annual


salary in 2013-14 and his annual
compensation stood at 18.68 crore
($3.15 million) in the year ended
March 2014. Now Vishal Sikka
becomes the highest paid CEO in the
Indian software industry)

1) Freshly-appointed Infosys CEO


Vishal Sikka, who will take charge on 1
August 2014, will get an annual salary
of $5.08 million (over Rs. 30 crore) to
become the highest-paid CEO in
Indian software industry. His total
salary (including stock options) stands
at $7.08 million, which is roughly
comparable to the 4.23 million euroes
(Rs. 34 crore) he was making at his
previous job as Chief Technology
Officer (CTO) at German software
major SAP. Who was till now the
highest paid CEO in the Indian
software
industry?
N.
Chandrasekaran (N.
Chandrasekaran, the chief executive
officer (CEO) of Indias largest
software services exporter Tata
Consultancy Services Ltd (TCS),

2) The minimum export price (MEP) on


onion was raised to $500 per tonne on
2 July 2014 as the price of onion in the
domestic market continues to rise.
What was the present MEP on onion
which was announced by the Union
Govt. on 17 June 2014? $300 per
tonne (On June 17, an MEP of $300
per tonne was imposed on onion, but it
had not helped to arrest the prices.
Now raising the MEP to $500 per
tonne means that onions, which are
priced below Rs. 30 per kg, will not be
allowed to be exported from the
country)

3) Which state declared camel as the


State animal on 30 June 2014?
Rajasthan (Rajasthan Govt. declared
camel as the State animal mainly to
check the dwindling number of camels.
Camel, which is also known as the

ship of the desert, is slaughtered for


its meat, killed as part of sacrifice in
several districts of Rajasthan and
illegally
transported
to
the
neighbouring states for slaughter
which had resulted in its numbers
falling sharply. Fast disappearing
grazing areas has also added to a
severe food crisis for camels.
According to the Livestock Census
data, there were 668,000 camels in
Rajasthan in 1997 which were reduced
to 498,000 camels in 2003, amounting
to a 25% decrease in five years. By
2008, the number had decreased
further by 13.5% to 430426. Camels
provide livelihood to a large number of
people in rural Rajasthan)

4) Defending champion Andy Murray


(Britain) was ousted from Wimbledon
2014 mens singles championship
after
being
defeated
in
the
quarterfinals on 2 July 2014. Which
Bulgarian player defeated him to
become the first Bulgarian man to
reach the semi-finals of a grand slam
tournament?
Grigor
th
Dimitrov (11 seeded Grigor Dimitrov
defeated Murray by 6-1, 7-6, 6-2 to

reach semi-finals. Andy Murray had


won the Wimbledon mens singles title
last year to become the first British
player in 77 years to win the coveted
title)

5) Who on 1 July 2014 became the


first female four-star Admiral in the
history of U.S. Navy? Michelle
Janine
Howard (Howard
was
promoted as U.S. Navys first female
four-star admiral in a ceremony
presided by Secretary of the Navy Ray
Mabus. She is now serving as the
38th Vice Chief of Naval Operations)

6) What is the quarterfinal line-up of


FIFA World Cup 2014 after conclusion
of all matches of last-16 stage on 1
July 2014? France Vs Germany,
Brazil Vs Colombia, Argentina Vs
Belgium and Netherlands Vs Costa
Rica (One special fact of this
quarterfinal line-up is that it represents
4
teams
from
Latin
America
(Argentina, Brazil, Colombia and
Costa Rica) and 4 teams from Europe
(Belgium, France, Germany and the
Netherlands)

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July 4, 2014
1) Indian Railways on 3 July 2014
achieved a major milestone by running
the fastest train in India (christened
semi-bullet train by some segments
of media). This test train achieved
fastest speed of 160 km/hr on Indian
tracks and covered the distance
between Delhi and Agra (178 km) in

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around 99 minutes. The highest train


speed record for Indian Railways was
150 Km/hr. till now. Which train had
this record under its belt? New Delhi
Bhopal Shatabdi Express(The
Bhopal Shatabadi Express currently
takes 120 minutes to reach Agra. The
trial run of the semi high-speed train
was conducted on a 10-coach train,
which left New Delhi station at 11:15
am and reached Agra about 99
minutes later. Achieving the highest
speed of 160 kmph during its run, the
train took 103 minutes to reach New
Delhi on its return journey. However,
the train took only 89 minutes to reach
Agra from Nizamuddin station from
where Railways plans to actually
launch its commercial operations)

2) Union Govt. on 2 July 2014 brought


onion and potato within the purview of
stockholding limits under the Essential
Commodities Act, 1955. What would
be the main benefit of this move which
has been done with a view to control
the prices of onion and potato and
improve availability? With this the
State governments can take action
to impose stockholding limits to
take
up
de-hoarding
operations (With imposition of the
Essential Commodities Act, 1955, the
various state governments can impose
stockholding limits, which ensures that
traders cannot stock more than a
prescribed quantum. If it is found that
traders are holding more than the
prescribed limit, they can be fined and,
in some cases, even prosecuted.
Currently, stock limit provisions exist
for various foodgrains and cereals
under the Essential Commodities Act)

3) The Indian Air Force (IAF) on 3 July


2014 launched nations first 3D mobile
game in a bid to attract generationnext youth to pursue a career in the air
force. What is the name of this mobile
game? Guardians of the Skies
(GOTS) With this launch, the IAF
has embarked on its first sortie in
virtual world. GOTS, which is freely
available on android, windows and iOS
platforms for mobile, has been
conceptualised to showcase the might
of the air force in a virtual format with
users being offered gripping air
combat
scenarios
and
realistic
graphics. The game is targeted at the
youth, to give them the feel of the
excitement of being part of the IAF)

4) Pentagon,
the
defence
headquarters of the United States,
recently notified the sale of the antiship Harpoon missiles to India. The
deal estimated at around $200 million
will provide enhanced capabilities in
defence of critical sea lines of
communication. This Harpoon missile
system would be employed on which
class of submarines of the Indian
Navy?
Shishumar
class
submarine (India
has
already
purchased Harpoon missiles for
integration on Indian Air Force Jaguar
aircraft and Indian Navy P-8I maritime
patrol aircraft. The entire package
under the foreign military sale route
includes more than a dozen UGM-84L
Harpoon Block II Encapsulated
Missiles, 10 UTM-84L Harpoon
Encapsulated Training missiles, and
two
Encapsulated
Harpoon

certification training vehicles. The


Harpoon missiles for India would be
manufactured by Boeing Corporation)

5) Who was re-appointed as the


Deputy Governor of the Reserve Bank
of India (RBI) on 3 July 2014 by the
Union
Govt.?
Harun
Rashid
Khan (The appointment has been
made for two years with effect from 4
July 2014 or until further orders,
whichever is earlier. Khan was
appointed deputy governor in July
2011 for a three-year term, which was
set to expire on 3 July. As deputy
governor, Khan looks after the foreign

exchange department and internal


debt management, among others. The
other two RBI deputy governors are
Urjit Patel and the recently appointed
R. Gandhi. The government is yet to
appoint a deputy governor to replace
KC Chakrabarty, who retired on 25
April 2014)

6) The Chief Operating Officer (COO)


of social networking major Facebook,
who is on a visit to India, on 3 July
called on Indian Prime Minister
Narendra Modi. What is her name?
Sheryl Sandberg

July 5-6, 2014

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over
Canadian
player
Eugenie
Bouchard 6-3, 6-0. She took just 55
minutes to win the title. In which year
Kvitova had won her first Wimbledon
womens singles title? In 2011(With
this win Kvitova dashed Eugenie
Bouchards dream of becoming the
first-ever Canadian to win a tennis
Grand Slam title)

1) Czech Republics Petra Kvitova on


5 July 2014 claimed her second
Wimbledon womens singles title with
a crushing command performance

2) All the 46 Indian nurses working in a


Tikrit hospital in Iraq, who were
kidnapped by the Islamic State of Iraq
and Syria (ISIS) militants, were
released on 4 July 2014. These nurses
reached India safely on 5 July 2014
through a special Air India flight. They
arrived through which Iraqi city which

is the capital of countrys Kurdistan


Region? Erbil (Erbil is the fourth
largest city of Iraq. Indian nurses
reached Erbil on 4 July after being
released by ISIS)

3) The rail-link for Katra was


inaugurated
by
Prime
Minister
Narendra Modi on 4 July 2014 by
flagging off the inaugural train from
Katra to Jammu. The Katra-Udhampur
rail section also features Indias
longest steel girder bridge. What is the
name of this bridge? Jhajjar
Bridge (Jhajjar Bridge is countrys
longest steel girder bridge and has
been built at a height of 85 metres)

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4) Who on 4 July 2014 created history


by becoming the first woman to
participate in a Formula One
weekend? Susie Wolff (She took
part in the practice session of the
British F1 Grand prix at the famed
Silverstone circuit in her Mercedespowered car as part of Williams team.
However, her time on the track was
cut short after an engine problem
occurred after completing just one
timed lap. 22 years earlier Giovanna
Amati had made three unsuccessful
Grand Prix qualification attempts.
Susie will now get another opportunity

to take part in the German F1 Grand


Prix)

5) Which four teams have qualified for


the semi-finals of the ongoing FIFA
World Cup 2014? Germany, Brazil,
Argentina and Netherlands (The
semi-final line-up is Germany Vs
Brazil (8 July) and Argentina Vs
Netherlands (9 July). One important
fact about this line up is that one team
each from Europe and South America
is in both the semi-final matches.
Germany defeated France by 1-0,
Brazil defeated Colombia by 2-1,
Argentina defeated Belgium by 1-0
and Netherlands defeated Costa Rica
by 4-3 (penalties) to enter semi-finals)

6) Star Brazilian striker Neymar Jr.


was ousted from FIFA World Cup
2014 after sustaining a serious back
injury in the quarterfinals against
Colombia on 4 July 2014. His ouster
came as a rude shock to Brazil as
Neymar was teams best player and
was looking in good form despite
heavy pressure on him. How many
goals he had scored in this World
Cup? Four (Neymay Jr. sustained
injury after being kneed in his spine by
Colombian defender Juan Zuniga)

July 7, 2014

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persons in India are poor. The


Planning Commission in May 2012
had constituted the expert group under
C. Rangarajan to review the Tendulkar
Committee methodology for estimating
poverty)

1) A panel headed by C. Rangarajan,


former Chairman of PMEAC (Prime
Ministers Economic Advisory Council),
has dismissed the Suresh Tendulkar
Committee report on estimating
poverty. The report submitted by
Rangarajan to Planning Minister Rao
Inderjit Singh recently stated that the
number of poor in India was much
higher in 2011-12 at 29.5% of the
population. What was the poverty
figure stated for the same year in the
Suresh Tendulkar Committee report,
which was severely criticized for its
findings? 21.9% (According to the
Rangarajan panel, poverty stood at
38.2% in 2009-10 and slid to 29.5% in
2011-12. This is at variance with the
Tendulkar methodology under which
poverty was estimated at 29.8% in
2009-10 and declined to 21.9% in
2011-12. This finding of C. Rangarajan
committee means that 3 out of 10

2) Gujarat
Governor
Dr.
Kamla
Beniwal was on 6 July 2014 shifted as
the new Governor of which state by
the Union Govt.? Mizoram (It is
worth mentioning that Kamla Beniwal
had been involved in a long tussle with
the Gujarat Govt. then led by Prime
Minister Narendra Modi over the
appointment of Lokayukta in the state
and the matter had gone to court.
Mizoram
Governor
Vakkom
Purushothaman was shifted as
Governor of Nagaland. Governor of
Rajasthan
Margaret
Alva
will
discharge the functions of Governor of
Gujarat in addition to her own duties
until regular arrangements for the
office of the Governor of Gujarat are
made. Purushothaman will also
continue to hold the additional charge
of the office of the Governor of
Tripura)

3) Ukraine scored the biggest tactical


victory over pro-Russia rebels in last 3
months on 5 July 2014 by taking
control of a key eastern Ukraine city in
the strategic Donetsk region. What is
the name of this city? Slovyansk (It
is worth mentioning that Ukraine

Govt.s anti-terrorist operation to


retake control of the eastern region of
the country has achieved little beyond
heavy shelling and growing numbers
of civilian casualties. But the capture
of Slovyansk marks the first time they
have taken a significant rebel
stronghold. The city was taken over by
the rebel forces during April 2014 after
a long series of fighting between the
rebel gunmen and Ukrainian troops)
4) Who won the Wimbledon mens
singles title for 2014 on 6 July 2014?
Novak Djokovic (Serbias Djokovic
defeated his opponent Roger Federer
(Switzerland) in five close sets 6-7(7),
6-4, 7-6(4), 5-7, 6-4 in an epic final.
This was the second Wimbledon
singles title for Djokovic and seventh
Grand Slam title overall. He had won

his first Wimbledon title in 2011. On


the other hand, Federer was aiming to
win his record 8th Wimbledon title by
winning this final)

5) Who won the British F1 Grand Prix


for 2014 on 6 July 2014, which was
the 50th edition of British Grand Prix at
Silverstone circuit? Lewis Hamilton
of Britain (This was Hamiltons
27th career victory, his fifth of the
season and his second at his home
race, which he won in 2008 while
driving for McLaren. Valtteri Bottas
(Williams) was second while Daniel
Ricciardo (Red Bull) finished at third
place. Hamiltons teammate Nico
Rosberg could not complete the race.
Force
Indias
Nico
Hulkenburg
(Germany) finished the race at
8th position)

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July 8, 2014
granted to the Shariat Courts. It also
ruled that religious decrees or fatwas
are illegal if they tread on the rights of
an individual. This important ruling was
given on the petition filed by which
lawyer who had challenged the legality
of the Shariat Courts? Vishwa
Lochan Madan

1) In a landmark judgment, the


Supreme Court on 7 July 2014
declared that no legal status has been

Explanation
: Advocate
Vishwa
Lochan Madan had filed his petition in
2005. In the petition, he stated that
institutions like Darul Qaza and Daruliftaa are operating like parallel courts
which
take
decisions
on
the

fundamental rights of the Muslim


citizens. In its order the Supreme
Court objected to the Shariat Courts
ordering punishments against innocent
people and said that no religion
permits the same.

2) Which state has the highest number


of people below poverty line according
to the new definition of poverty that is
part of the new poverty estimates that
have been made by a panel led by C.
Rangarajan? Chhattisgarh

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12 CURRENT AFFAIRS

Explanation : According to these


estimates 47.9% of Chhattisgarhs
population is below poverty line.
Chhattisgarh thus tops the list of states
with the highest poverty count. On the
other had just 6.3% of Goas
population is below poverty line and it
thus tops the list of states with the
lowest poverty count. On a national
level, the C. Rangarajan committee
report estimated the number of poor at
45.46 crore at 2011-12 prices, which is
much higher than the 35.47 crore
estimate by the Suresh Tendulkar
committee.

3) Eduard Shevardnadze, the last


Foreign Minister of the erstwhile Soviet
Union (USSR), who passed away on 7
July 2014, was the former President of
which former Soviet Republic?
Georgia
Explanation : Eduard Shevardnadze
was one the most powerful ministers
of the former USSR. He was Foreign
Minister from 1985 to 1990. In the
aftermath of USSRs collapse in 1991
Shevardnadze returned to a newly

independent Georgia. He was formally


elected president of Georgia in 1995.
After allegations of apparent electoral
fraud during the 2003 legislative
election Shevardnadze was forced to
resign following a series of public
protests and demonstrations. He was
86.

4) The Supreme Court on 7 July 2014


refused to put a stay on the
governments decision to appoint Lt.
Gen. Dalbir Singh Suhag as the next
Army Chief. This ruling was given on a
petition filed by a senior officer of
Indian Army, who had had alleged
favouritism in the selection of Lt. Gen.
Suhag as the Army commander in-line
to take over as the Army Chief. What
is the name of this officer? Lt. Gen.
Ravi Dastane
Explanation : Besides challenging Lt.
Gen
Suhags
appointment
as
Commander of the Eastern Command,
Lt. Gen. Dastane in his petition had
also questioned Lt. Gen. Sanjiv
Chachras appointment as head of the
Western Command. Lt Gen Dastane
argued that he was the third seniormost officer eligible for the post of
Army Commander of Eastern or
Western Command.

5) Which senior leader of the


Rashtriya Swayamsevak Sangh (RSS)
was deputed to join the BJP on 7 July
2014? Ram Madhav
Explanation : Ram Madhav is
spokesman of the RSS and is
most known faces of the RSS in
last few years. While members of

the
the
the
the

RSS, which is the ideological mentor


of the BJP, often join the political
party, Madhav is the one of the most
prominent faces to cross over into
active politics. He is expected to be
handed an important role in party
affairs. Another senior RSS leader
Shiv Prakash too had been deputed to
the BJP and is also expected to be
given organisational responsibility.

6) The benchmark BSE Sensex on 7


July 2014 crossed which milestone
mark for the first time? 26,000
points
Explanation : The Sensex closed at
26,100 on 7 July, its highest close till
date. This spurt in indices was on the
back of strong inflow of foreign funds
ahead of the General Budget. The
NSE Nifty also soared to hit yet
another high of 7,787.95 in opening
trade. The BSE 30-share barometer
spurted by 137.29 points, or 0.52%, to

trade at a lifetime high of nearly


26,100 with stocks of infrastructure, IT,
power, capital goods, auto and realty
sectors, leading the rally.

7) What is the name of the large and


powerful typhoon that was heading
northwest toward Japans southern
islands on 7 July 2014 and it hit
Okinawa on early 8 July with winds of
up to 150 mph? Typhoon Neoguri
Explanation : Typhoon Neoguri is
expected to be one of the largest
typhoons to hit Japan in the month of
July. It was also the first time for that
the Japan Meteorological Agency
(JMA) had issued a special warning for
a typhoon since the current warning
system was introduced last August.
Many meteorologists believe that
Typhoon Neoguri would be the first
super typhoon of 2014. The term
Neoguri means raccoon in Korean.

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July 9-10, 2014


Economic Survey 2013-14, which was
tabled on 9 July 2014 in the Lok
Sabha? 5.4 to 5.9%

1) What GDP growth rate range for


2014-15 was estimated in the

Explanation : GDP growth slowed to


below 5% for two consecutive years,
i.e. 2012-13 and 2013-14. The
Economic Survey envisages a better
performance during 2014-15 on
account of growth in sectors like
manufacturing and mining)

2) What was the fiscal deficit for 201314, as disclosed in the Economic
Survey 2013-14? 4.5% of GDP
Explanation : Fiscal deficit is the
difference between the governments
expenditures and its revenues. An
important factor in the increase in the
Centres fiscal deficit after 2008-09
has been the sharp increase in
subsidies from 1.42% of GDP in 200708 to 2.56% of GDP in 2012-13. For
2013-14 the subsidy bill is 2.26% of
GDP.

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14 CURRENT AFFAIRS

3) Who was appointed the new


President of the Bharatiya Janata
Party (BJP) on 9 July 2014? Amit
Shah
Explanation : Amit Shah, a close and
controversial aide of Prime Minister
Modi, was appointed to the top post in
BJP at a meeting of Parliamentary
Board where incumbent Rajnath Singh
resigned after a tenure of one-and-ahalf years. The former Minister of
State for Home in Gujarat and who
faces charges in the Sohrabuddin fake
encounter case is largely credited for
BJPs stunning performance in Uttar
Pradesh where the BJP won 71 out of
80 Lok Sabha seats. Amit Shah has
become the 10th President of BJP
since it was founded in December
1980.

4) Germany reached the finals of the


FIFA World Cup 2014 by inflicting a
historic 7-1 victory over hosts Brazil in
the first semi-final played in Belo
Horizonte on 8 July 2014. With this
Germany have now reached FIFA

World Cup finals for how many times?


Eight times
Explanation : Germany had reached
the finals of FIFA World Cup in 1954,
1966, 1974, 1982, 1986, 1990 and
2002. It won the title in 1954, 1974 and
1990. However, the German team that
played in finals in 1954, 1966, 1974,
1982, 1986 and 1990 was the West
German team before unification of
Germany. It played as unified
Germany from 1994.

5) Argentina defeated the Netherlands


in the second semi-final of FIFA World
Cup 2014 by 4-2 in a penalty shoot-out
on 9 July 2014. It will meet Germany in
the final on 13 July 2014. This would
be Argentinas ..appearance
in a FIFA World Cup final Fifth
Explanation : Argentina had reached
the finals of FIFA World Cup in 1930,
1978, 1986 and 1990. It won the title in
1978 and 1990. Germany and
Argentina would meet in a FIFA World
Cup final for the third time. The two
teams met in finals in 1986 and 1990
too.
6) Brazils 1-7 loss to Germany in the
first semi-final of FIFA World Cup on 8
July 2014 was countrys worst-ever
defeat in the game. It, however, lost by
the same margin of 6 goals only once
in the history. To which team it had
lost by same goal difference?
Uruguay
Explanation : It lost to Uruguay by 6-0
in 1920, i.e., by a margin of 6 goals.
Brazils semifinal loss of 8 July thus

equaled its worst defeat by 6 goals.


The defeat broke Brazils 62-match
home unbeaten streak in competitive
matches dating back to its 13 loss to
Peru in the 1975 Copa America.

is worth mentioning here that Klose


became the first-ever player to feature
in four FIFA World Cup semi-finals
when he featured against Brazil on 8
July.

7) Who became the leading goal


scorer in the history of FIFA World
Cups by scoring his record 16th World
Cup goal on 8 July 2014? Mirolsav
Klose of Germany

8) Germanys 7-1 win over Brazil on 8


July 2014 also made Germany the
leading goal scoring country in all FIFA
World Cups. It has now 223 goals in
World Cups. Which countrys record it
broke? Brazil

Explanation :
German
forward
Mirolsav Klose scored his 16th goal of
FIFA World Cup when he scored the
second goal for Germany in the semifinals against Brazil. He broke the
record of Ronaldo, the Brazilian star
striker of yesteryears. Ronaldo had
scored 15 goals in FIFA World Cups. It

Explanation : Brazil was the leading


goal scoring country in football World
Cups with 221 goals. But now
Germany has 223 goals and it has one
more game (the finals) to play in the
ongoing World Cup 2014.

July 11, 2014

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15 CURRENT AFFAIRS

commission?
Expenditure
Management Commission EMC
Explanation : The proposed EMC will
review the allocated and operational
efficiencies of government expenditure
to achieve maximum output and will
give its interim report within this
financial year.
1) In the Union Budget 2014-15, the
govt. announced setting up of a
commission to bring in reforms related
to spending for achieving maximum
output. What is the name given to this

2) Allocation of Rs 4,200 crore in the


Union
Budget
2014-15
was
announced for the development of the
ambitious Allahabad-Haldia National
Waterway-1.
This
project
was

conceived numerous years ago but


was
languishing
for
being
implemented. In which year this
project was first envisaged? 1986
Explanation : This project envisaged
in 1986, which aimed to use the 1,620
km-long channel not only for
transportation of goods but also for
river cruises, had been languishing for
the past several years. It was to be
completed in six years. The project
envisages construction of permanent
terminals at various places, including
Varanasi, the constituency of Prime
Minister Narendra Modi, besides
floating terminals at a number of
places, including Allahabad and
Ghazipur.

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16 CURRENT AFFAIRS

3) The revival of the Kisan Vikas Patra


(KVP) was announced in the Union
Budget 2014-15 on 10 July 2014. The
KVP was discontinued from November
2011 on the recommendation of which
committees recommendations? The
Shyamala Gopinath Committee
Explanation :
The
Shyamala
Gopinath Committee, in its report
submitted on 7 June 2011, had
recommended that the KVP be
discontinued as it was prone to
misuse,
being
a
bearer-line
instrument. It said the KVP was more
popular than the National Savings
Certificate (NSC) because of the ease
of transfer and liquidity.

4) What is the name given to the


mission to provide total sanitation to
every Indian by 2019, which was

announced in the Union Budget 201415? Swachh Bharat Abhiyan


Explanation : The Swachh Bharat
Abhiyan will be a tribute to Mahatma
Gandhi on his 150th birth anniversary,
as the Government wants to celebrate
it with a spick and span India. This
goal of a clean India was also set by
the previous UPA government and the
erstwhile governments plan was to
achieve 100% access to sanitation for
all rural households in the country by
2022. For completion of this goal they
were working under the programme
Nirmal Bharat Abhiyan (NBA).

5) How much fund was allocated to the


proposed Pradhan Mantri Krishi
Sinchayee Yojana (PMKSY), which
was announced in the Union Budget
2014-15? Rs. 1,000 crore
Explanation : The Government has
proposed to initiate the scheme
Pradhan Mantri Krishi Sinchayee
Yojana from financial year 2014-15.
The PMKSY has been envisaged to
provide assured irrigation to mitigate
risk to the farmer since bulk of the
farm lands are rainfed and depend on
monsoon.

6) What name was given to a new


mission announced in the Union
Budget 2014-15 to deliver integrated
project based infrastructure in the rural
areas? Shyama Prasad Mukherji
Rurban Mission SPMRM
Explanation :
Shyama
Prasad
Mukherji Rurban Mission will be
launched basically to deliver urban

amenities in the rural areas through


PPP model. This mission is based on
Gujarat model of a similar programme
through which people living in the rural
areas are delivered efficient civic
infrastructure and associate services.

7) How much fund was allocated for


the One Rank, One Pension (OROP)
scheme for armed personnel in the
Union Budget 2014-15? Rs. 1,000
crore

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17 CURRENT AFFAIRS

Explanation : One rank, one pension


means that retired soldiers of the
same rank and length of service will
now receive the same pension,
regardless of when they retire. At
present, pensioners who retired before
2006 draw less pension than their
counterparts and even their juniors.
The decision to implement OROP
scheme was first announced by former
Finance Minister P. Chidambaram. In
the UPA interim budget in February
this year, P. Chidambaram also
allocated Rs. 500 crore. However,
much to the disappointment of
services personnel and thanks to
bureaucratic
delays,
the
actual
implementation of the scheme got
delayed.

8) What major sop was announced for


new power projects in the Union
Budget 2014-15? The 10-year tax
holiday for new power projects was
extended
Explanation : The Finance Minister
announced extension of the 10-year
tax holiday to companies that start
power generation by 31 March 2017.
The power sector had called for the
extension of the sunset tax clause for
power companies to include plants
that provide power till March 2017 as
opposed to 2013 earlier.

9) The Jayaprakash Narayan National


Centre for Excellence in Humanities,
that was proposed in the Union Budget
2014-15, would be established in
which state? Madhya Pradesh

10) Which two film institutes were


given the status of institutes of national
importance in the Union Budget 201415? Film and Television Institute
of India (FTII), Pune and Satyajit Ray
FTII, Kolkata

July 12, 2014


spreads in parts of Chhattisgarh and
Orissa States also.

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18 CURRENT AFFAIRS

1) The controversial bill on Polavaram


Project of Andhra Pradesh was
passed in the Lok Sabha on 11 July
2014 amid protests from members of
the Telangana Rashtra Samithi (TRS),
the BJD, the Trinamool Congress, the
AIMIM and sections of the Congress.
Why the TRS is protesting vociferously
against passing of this bill? Because
the Bill paves the way for the
shifting of seven mandals from
Telangana to Andhra Pradesh
Explanation : The bill titled Andhra
Pradesh
Re-organisation
(Amendment) Bill was opposed on the
grounds that the transfer of land was
being done in an unconstitutional
manner, violating Articles 3 and 4 of
the Constitution which mandates that
the two State Assemblies have to be
consulted. The Polavaram project is a
multi-purpose irrigation project, which
constitutes of a dam across the
Godavari River and is under
construction located in West Godavari
District and East Godavari District in
Andhra Pradesh state. Its reservoir

2) Delhi was declared as worlds


second most populated city in 2014 in
the revision of United Nations World
Urbanisation Prospects 2014 Report
that was released on 10 July 2014.
Which city once again occupied the
top spot as worlds most populated
city? Tokyo
Explanation : Tokyo topped UNs
ranking of the most populous cities in
2014 with 38 million inhabitants and
while its population is projected to
decline, it will remain the worlds
largest city in 2030 with 37 million
people. Delhi become the worlds
second most populous city in 2014
after Tokyo, more than doubling its
population since 1990 to 25 million.
The Indian capital is expected to retain
the spot of the worlds second most
populous city through at least 2030,
when its population is expected to rise
swiftly to 36 million.

3) Name of which Portugal bank was


associated with the Portuguese
banking crisis which affected stock
markets all over the world on 11 July
2014? Banco Espirito Santo SA
Explanation : Banco Espirito Santo
SA (BES) is the second-largest bank
in Portugal. The banking crisis in
Portugal started after the ratings

agencies Moodys and S&P sharply


downgraded the long-term debt ratings
of the bank after a missed payment on
short-term debt by a member of the
BESs ultimate parent, the Espirito
Santo Group (ESG). However, BES
sought to reassure investors by
revealing its exposure to related
companies.

4) Vakkom B. Purushothaman, who


resigned on 11 July 2014, was the
Governor of which state? Mizoram
Explanation : His resignation came in
the wake of his transfer to Nagaland
as its new Governor. Purushothaman
criticised the way Governors were
being shunted by the NDA government
since it came to power in May 2014.
He belonged to the Congress and was
appointed by the UPA government.
Purushothaman
had
served
as
Minister in different Cabinets and was
Speaker of the Kerala Assembly.

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19 CURRENT AFFAIRS

5) The tender bids for the construction


and maintenance of the ambitious
Statue of Unity commemorating
Sardar Vallabhbhai Patel in Gujarat
were opened on 9 July 2014. Which
company looks all set to bag this
iconic project? L&T

Explanation : Engineering giant L&T


(Larsen & Toubro)s bid for Rs. 2,980
crore was the lowest among the
bidders and the company looks all set
to bag the project. However, the
estimated cost of the project stood at
Rs. 2,063. The project involves
construction of a huge 182-metre-tall
Statue of Sardar Vallabhbhai Patel on
River Narmada at Bharuch (Gujarat).

6) 102-year old Zohra Sehgal known


as the Grand Old Lady of Indian
Theatre passed away on 10 July
2014. She was cremated with full state
honours on 11 July 2014 at the Lodhi
Road crematorium in Delhi. She was
associated with the dance troupe of
which famous dancer that initiated her
towards the world of theatre? Uday
Shankar
Explanation : Zohra was attracted
towards Uday Shankars troupe after
watching a performance in Europe.
She joined the troupe in August, 1935
at the age of 23. She migrated to films
in 1946 with films like Dharati ke Laal
and Neecha Nagar. Cheeni Kum
and Saawariya were her last films in
2007. She received the Padma
Vibhushan, Indias second-highest
civilian honor, in 2010.

July 13-14, 2014


This was his first World Cup and he
scored two goals in the tournament.

1) Germany created history by winning


the FIFA World Cup 2014 on 13 July
2014 at the Maracana Stadium in Rio.
Germany defeated Argentina by 1-0.
This win was Germanys ..title
win of FIFA World Cup? Fourth

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20 CURRENT AFFAIRS

Explanation : Germany won its earlier


FIFA World Cups in 1954, 1974 and in
1990. It finished as runners up in
1966, 1982, 1986 and 2002 while
finished at third spot in 1934, 1970,
2006 and 2010. Germany thus
equalled Italys record of winning the
tournament four times. Brazil has won
the tournament most number of times
5.

2) Who scored the lone goal for


Germany in the finals of FIFA World
Cup 2014 to give his country 1-0 win
over Argentina? Mario Gtze
Explanation : Gtze scored the goal
in the 2nd half of extra time in the
113thminute to help Germany lift the
FIFA World Cup for the fourth time. He
scored the goal when the match was
moving towards penalty shoot-outs.

3) The Netherlands secured third


place in FIFA World Cup 2014 by
defeating hosts Brazil by 3-0 in the
third place play-off match held on 12
July 2014 at Brasilias Estadio
Nacional. This was time
that the Dutch have ended a World
Cup at third place First
Explanation : The Netherlands have
never finished third in the history of
FIFA World Cup. They lost in the
1974, 1978 and 2010 finals and in
their only other battle for third place,
against Croatia in 1998. On the other
hand Brazil could not salvage the
countrys pride in this classification
match after their worst-ever World Cup
defeat a 7-1 drubbing against
Germany in the semi-finals.

4) Who won the prestigious Golden


Boot award for FIFA World Cup 2014?
James Rodriguez of Colombia
Explanation : Rodriguez scored 6
goals in FIFA World Cup 2014.
The Golden
Boot or Golden
Shoe Award
goes
to
the
top
goalscorer of the FIFA World Cup. It
was introduced at the first FIFA World
Cup held in 1930. Thomas Muller
(Germany) was awarded Silver Boot
for scoring 5 goals and Neymar
(Brazil) was awarded Bronze Boot for

his 4 goals in the tournament. This


was the first time that a Colombian
footballer won this prestigious award.
5) Who won the Golden Ball award
for FIFA World Cup 2014? Lionel
Messi (Argentina)
Explanation :
The Golden
Ball award is presented to the best
player at each FIFA World Cup finals,
with a shortlist drawn up by the FIFA
technical committee and the winner
voted for by representatives of the
media. Messi is the star striker and
captain of Argentina and scored 4
goals in the tournament. The Silver
Ball was awarded to Thomas Muller
(Germany) while the Bronze Ball was
given
to
Arjen
Robben
(the
Netherlands).

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21 CURRENT AFFAIRS

6) Who won the Golden Glove award


in FIFA World Cup 2014? Manuel
Neuer (Germany)
Explanation : The Golden Glove
award is presented to the best
goalkeeper of the tournament decided
by a FIFA Technical Study Group that
recognises the top goalkeeper of the
tournament based on the players
performance throughout the final
competition.

7) What is the name of first in series of


anti-submarine corvettes indigenously
built by Kolkata based Garden Reach
Shipbuilders & Engineers Ltd. (GRSE),
which was handed over to Indian Navy
on 12 July 2014? INS Kamorta

Explanation : INS Kamorta is the first


Indian Naval warship ever built in the
country with almost 90% of indigenous
content. Work on the warship started
in 2006. The handing over of the
warship marked fruition of a significant
project in Indias pursuit for selfreliance
in
indigenous
warship
building.
8) India film thespian Dilip Kumars
ancestral home in Pakistan has been
declared as a national heritage by
Pakistani Prime Minister Nawaz Sharif
recently. He has directed the Ministry
of Information, Broadcasting and
National Heritage to acquire the
house. This house is situated in which
city of Pakistan? Peshawar
Explanation : Presently in a shabby
condition, Dilip Kumars ancestoral
home is being illegally occupied by
someone, who claims to be his
relative, but is actually not. The
Pakistan Government is planning to
invite Dilip Kumar and other members
of his family after converting the house
into a museum. Dilip Kumar was born
as Yusuf Khan. His father Lala
Ghulam Sarwar had shifted to Mumbai
from Peshawar in the 1930s.

9) Which West Bengal hospital came


to news recently for death of 12
newborn babies within 48 hours at the
hospital? Malda Medical College
and Hospital
Explanation : The hospital, located
about 300 kilometers north of West
Bengal capital Kolkata, accepted
several of the newborns as transfers

from smaller hospitals in the region. All


12 infants, aged 1 month or younger,
were underweight and suffered from
malnutrition. The hospital saw 23

newborns
die
of
suspected
encephalitis last month and more than
60
die
in
2011.

July 15, 2014


the Shri Shakti Express will stop at
Ambala Cantt, Ludhiana, Jalandhar
Cantt, Pathankot cantt , Jammu Tawi
and Udhampur Stations en-route in
both directions.

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22 CURRENT AFFAIRS

2) The 20th FIFA World Cup (2014)


concluded on 13 July 2014 with
Germany winning the title. Which
country is to host the 21st FIFA World
Cup to be held in 2018? Russia

1) The first train from Delhi to newly


opened Mata Vaishno Devi railway
station (Katra) departed from New
Delhi on 14 July 2014. What is the
name of this newly instituted train?
Shree Shakti Express
Explanation : Shree Shakti Express
was announced by Prime Minister
Narendra Modi on 4 July 2014 when
he inaugurated the first strain from
Mata Vaishno Devi Katra to Jammu.
Consisting of one first AC, five AC two
tier and nine AC three tier coaches,

Explanation : Brazilian President


Dilma Rousseff symbolically handed
over the World Cup to her Russian
counterpart Vladimir Putin on 13 July
2014. Russia was awarded the hosting
rights for 21st FIFA World Cup in
December 2010 by FIFAs Executive
Committee convened in Zurich. Russia
was voted ahead of the joint hosting
by Spain and Portugal. Russia will be
hosting FIFA World Cup for the first
time.

3) The Lok Sabha on 14 July 2014


cleared the Telecom Regulatory
Authority (Amendment) Bill despite
opposition from the Congress, the Left
Parties, the RJD and the Aam Aadmi
Party. Passing of this bill became
possible after the Trinamool Congress

(TMC) took a U-turn and decided not


to oppose the bill. What is the purpose
of passing this bill? To remove the
legal hurdles in ex-TRAI chief
Nripendra Misras appointment as
the Prime Ministers Principal
Secretary

prices of 652 essential drugs listed in


the National List of Essential
Medicines (NLEM). The drugs that will
become cheaper would include
atorvastatin, gliclazide, glimepiride,
heparin and metolazone, among
others.

Explanation : If cleared, the Telecom


Regulatory Authority (Amendment) Bill
will replace the ordinance that the new
government passed just two days after
taking over in May to enable Misra to
join Modis team. Misra, a 1967-batch
IAS officer who retired in 2009, joined
the PMO the same day the ordinance
was promulgated. The ordinance was
necessitated as some service-clause
for a person appointed as TRAI
Chairman
made
his/her
future
appointments for govt. posts almost
impossible.

5) 5 new Governors for the states of


Uttar Pradesh, Chhattisgarh, West
Bengal, Gujarat and Nagaland were
appointed by the Union Govt. on 14
July 2014. Who are these 5 persons?
Ram
Naik
(Uttar
Pradesh),
Balramji
Dass
Tandon
(Chhattisgarh),
Keshari
Nath
Tripathi (West Bengal), Om Prakash
Kohli (Gujarat) and Padmanabha
Balakrishna Acharya (Nagaland)

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23 CURRENT AFFAIRS

4) Drug pricing regulator the National


Pharmaceutical
Pricing
Authority
(NPPA) has recently fixed the price of
108 non-scheduled formulation packs
of 50 anti-diabetes and cardiac
medicines. This has been done to
bring down prices of some key
medicines. Which Paragraph of the
Drug Price Control Order (DPCO) is
associated with this subject?
Paragraph 19
Explanation : Paragraph 19 of DPCO,
2013, authorises the NPPA in
extraordinary circumstances, if it
considers it necessary to do so in
public interest, to fix the ceiling price or
retail price of any drug for such period
as it deems fit. Under the Drug Price
Control Order (DPCO) 2013, the
Government currently controls the

Explanation : Ram Naik was sent to


Uttar Pradesh after B L Joshi,
considered close to the Gandhi family,
resigned after feelers from the new
NDA government to quit. Balramji
Dass Tandon was appointed Governor
of Chhattisgarh following Shekhar
Dutts resignation on 18 June after he
too was sounded by the Union Home
Ministry. Former UP Vidhan Sabha
Speaker Keshari Nath Tripathi has
been asked to leave for Kolkata after
M K Narayanan stepped down
following his questioning by the CBI
over AgustaWestland VVIP helicopter
deal. Om Prakash Kohli would take
over as Governor in Gujarat after
Kamla Beniwal was shifted to Mizoram
for remainder of her term till
November.
P.B.
Acharya
was
appointed Governor of Nagaland after
the President accepted resignation of
Tripura
Governor
Vakkom

Purushothaman,
who
was also
officiating as Nagaland Governor.

Acharya
charge

will

also
of

hold

additional
Tripura.

July 16, 2014


July 2014? Rs. 50 lakh in metros
and Rs. 40 lakh in non-metros, given
by banks from the proceeds of longterm bonds (of minimum seven years
maturity)

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24 CURRENT AFFAIRS

1) The 6th BRICS summit, being hosted


by Brazil, started on 15 July 2014.
Which Brazilian city is hosting this
summit? Fortaleza
Explanation : The 6th BRICS summit
is being held from 15 July to 17 July
2014 at Fortaleza. BRICS is the
grouping of 5 major emerging
economies and includes Brazil,
Russia, India, China and South Africa
(BRICS). Indian Prime Minister
Narendra Modi is representing India at
the Summit. It is worth mentioning that
it is the first time that Brazil is hosting
the summit under the current five-year
summit cycle. It hosted the summit
earlier in 2010 in Brasilia but then the
summit did not include South Africa.

2) What is the definition of affordable


housing loans as announced by the
Reserve Bank of India (RBI) on 15

Explanation : This announcement


was made by the RBI in a bid to boost
the housing sector. The RBI also
announced that the cost of a house
cannot exceed Rs. 65 lakh and Rs. 50
lakh in the metros and non-metros,
respectively, to qualify as affordable
houses. There are six metros in the
country: Mumbai, Chennai, Kolkata,
Delhi, Hyderabad and Bangalore.
Under the current regulatory regime,
loans given by banks to individuals
up to Rs. 25 lakh in metros and Rs. 15
lakh
in
non-metros

for
purchase/construction of a dwelling
unit, per family, are considered as
affordable housing loans. These loans
fall under the priority sector lending
category for banks. The RBI said that
it will periodically review the definition
of affordable housing, on account of
inflation. This RBI move is expected to
make housing loans up to Rs. 50 lakh
cheaper.

3) The SEBI closed the five-and-a-half


year long probe into the countrys
biggest corporate fraud involving

erstwhile Satyam Computer and


barred
companys
founder
B.
Ramalinga Raju and four others from
markets for 14 years. SEBI asked
these people to return how much
money for earning unlawful gains as
interest? Rs. 1,849 crore

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25 CURRENT AFFAIRS

Explanation : The money needs to be


deposited with the SEBI within 45
days, while interest would be levied at
12% per annum with effect from 7
January 2009 the day this megascam came to the light through a letter
written by Raju himself. On 7 January
2009, Raju the then Chairman of
Satyam Computer had sent an email
to the SEBI, wherein he admitted and
confessed to inflating the cash and
bank balances of the company,
besides understating liabilities and
other financial mis-statements. After
the fraud came to the light, the
government had ordered an auction
for sale of the company in the interest
of investors and employees of what
was known at that time as the
countrys fourth largest IT firm. The
company was acquired by Tech
Mahindra, then renamed as Mahindra
Satyam and eventually it was merged
with Tech Mahindra.

4) On 15 July 2014 it came to light that


the Narendra Modi government has
returned another proposal of the
Supreme Court collegium on the
elevation of a judge. The government
returned
the
collegium
file
recommending elevation of Karnataka
High Court judge KL Manjunath, since
a senior Supreme Court judge had
written an adverse note against him.

Manjunaths appointment as the Chief


Justice of which High Court was
barred from this decision of the govt?
Punjab and Haryana High Court
Explanation : The development came
just days after the government, in a
similar
move,
sent
back
a
recommendation of the SC collegium,
rejecting former solicitor general Gopal
Subramaniums name for appointment
as a Supreme Court judge.

5) Who was awarded the Gandhi


Peace Prize for 2013 by the President
Pranab Mukherjee on 15 July 2014?
Chandi Prasad Bhatt, the noted
environmentalist
Explanation : Chandi Prasad Bhatt
has been a pioneer of the Chipko
Movement of Uttarakhand. The
Gandhi Peace Prize was instituted in
1995 on the occasion of the 125th birth
anniversary of Mahatma Gandhi. It
carries a plaque, citation and an
amount of Rs one crore.

6) What is the name of the Northwest


Pacific typhoon that struck into the
Philippines on 15 July 2014 and is
expected to bring in heavy rains in
India too? Typhoon Rammasun
Explanation : Typhoon Rammasun is
a category-2 storm that struck the
Philippines on the noon of 15 July. It is
expected to then enter South China
Sea and churn up into a stronger
category-3 typhoon and bring in heavy
rains in the South-East Asian region
including India. On 15 July a churn in
the air was visible over northwest Bay

of Bengal ahead of the formation of


what looks like the next fresh lowpressure area. The impact of Typhoon
Rammasun is expected to bring in

heavy to very heavy rains in regions of


Uttar Pradesh, east Rajasthan and
north Madhya Pradesh.

July 17, 2014


documents are required to be
produced at the final stage. The
method of self-attestation is stated to
be citizen friendly as obtaining either
an attested copy or affidavit not only
costs money but also involves
wastage of time of the citizens and the
government officials.

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26 CURRENT AFFAIRS

1) The Union Government has decided


to do away with the necessity of filing
affidavits from a gazetted officer or a
notary for a big chunk of governmentrelated work and instead to promote
self-attestation of documents. This
move
is
based
on
the
recommendations
of
which
commission?
2nd Administrative
Reforms Commission
Explanation : The move is based on
the recommendation of 12th report of
the second Administrative Reforms
Commission (2nd ARC), titled Citizen
Centric Administration-The Heart of
Governance,
which
suggested
simplifying
procedures
for
selfcertification provision. Under the selfattestation method, the original

2) A team of researchers of which


university recently a major milestone in
the field of health by creating human
blood
and
all
its
associated
components in a laboratory by using
stem
cells?
University
of
Wisconsin-Madison
Explanation : This team was led by
University of Wisconsin-Madisons
stem cell scientist Igor Slukvin. The
team successfully cracked the elusive
code to turn stem cells into human
blood. With this the ability to make
human blood in the lab including all
the different types of cells in them took
one giant leap. They discovered two
genetic programs responsible for
taking stem cells and turning them into
both red and white cells that make up
human blood. The method developed
can produce blood cells in abundance.
For every million stem cells the

researchers were able to produce 30


million blood cells.

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27 CURRENT AFFAIRS

3) The Supreme Court on 16 July


2014 issued notices to all states
seeking their views on whether a
terminally ill person can execute a
living will that life support system be
withdrawn if he or she reaches a
vegetative state with no hope of
revival. The states have to respond to
the notices within eight weeks. Who
has been appointed as the amicus
curiae to assist in this highly complex
case? T. R. Andhyarujina, a former
Solicitor General
Explanation : Amicus curiae is
someone who is not a party to a case,
who offers information that bears on
the case but who has not been
solicited by any of the parties to assist
a court. A constitution bench headed
by Chief Justice RM Lodha, Justice
Jagdish Singh Khehar, Justice J.
Chelameswar, Justice A.K. Sikri and
Justice Rohinton Fali Nariman issued
the notice on a plea filed with it, saying
the question of passive euthanasia
(mercy killing) needs a comprehensive
examination as there was no
authoritative judicial pronouncement
on the issue. Attorney General Mukul
Rohatgi told the Court that the issue
entirely concerns the legislature and
the judiciary should not take it up. The
government also told the Court that
passive euthanasia is a form of suicide
which cannot be allowed.

4) Syrian President Bashar al-Assad


was sworn in for another 7-year term

on 16 July 2014. This will be


consecutive term for Assad
3rd
Explanation : President Bashar alAssad was re-elected in a landslide
victory during June 2014 amid a civil
war and in a vote dismissed by the
opposition and its Western allies as a
sham. He has served as Syrian
President since 2000, when he
succeeded his father, Hafez al-Assad,
who led Syria for 30 years until his
death.

5) Which former Indian sportsman has


been elected as the newest member of
Laureus World Sports Academy,
becoming the 47th member of the elite
panel? Rahul Dravid
Explanation : Dravid, the fourthhighest run scorer in Test cricket, was
elected as the 47th member of Laureus
World
Sports
Academy,
which
includes some of the greatest
sportsmen and women ever. It
includes great sports personalities
such as Michael Johnson, Sir Bobby
Charlton,
Jack
Nicklaus,
Franz
Beckenbauer, Boris Becker, Kapil Dev,
Martina
Navratilova,
Sir
Vivian
Richards, Sergey Bubka, Mark Spitz
and Daley Thompson. Laureus World
Sports Academy confers the Laureus
World Sports Awards annually which
are one of the most prestigious sports
awards in the world and are often
called the Oscars of Sports. Till now
only one Indian sportsman Kapil Dev
was the member of this academy.

July 18, 2014


missile fired from a Buk launcher. This
is the second major tragedy to hit
Malaysian Airlines after the mysterious
disappearance of the MH-370 flight on
8 March 2014. The still-to-found
aircraft carried 227 passengers on its
flight from Kuala Lumpur to Beijing.

2) What is the minimum paid-up


capital limit recommended by the
Reserve Bank of India (RBI) for those
entities who wish to set up payments
and small banks, as announced in the
draft rules released by it on 17 July
2014? Rs. 100 crore

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28 CURRENT AFFAIRS

1) A Malaysian Airlines passenger


plane (Flight No. MH-17) carrying 295
people crashed in Eastern Ukraine on
17 July 2014. Reports suggested that
the ill-fated plane was shot down in a
missile attack but the reports were not
confirmed. This plane was on its flight
to Malaysian capital Kuala Lumpur
from which European city?
Amsterdam
Explanation : Malaysian Airlines on
17 July announced that the plane, a
Boeing 777, lost contact with the ATC
over the Ukrainian airspace. On the
other hand Ukraines separatist leader
Andrei Purgin told that he was certain
that Ukrainian troops had shot the
plane down but gave no explanation or
proof for his statement. Anton
Gerashenko, an adviser to Ukraines
Interior Minister, said the plane was
flying at an altitude of 10,000 metres
(33,000 feet) when it was hit by a

Explanation : According to the draft


guidelines, existing authorised nonbank pre-paid instrument issuers
(PPIs),
non-banking
finance
companies (NBFCs), corporate BCs
(business correspondents), mobile
telephone companies, super market
chains, companies, real sector cooperatives and public sector entities
are eligible for setting up a payments
bank. The guidelines allow even banks
to take equity position in a payments
bank as permitted under the Banking
Regulation Act, 1949. The promoters
will have to have an initial minimum
capital of at least 40%. It has
prescribed a lock-in period of five
years for promoters holding. The
central bank has sought suggestions
and comments on the draft guidelines
by 28 August 2014.

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29 CURRENT AFFAIRS

3) What important order was passed


by the National Green Tribunal (NGT)
on 17 July 2014, which is expected to
lead to another battle in the continuing
turf war between the NGT and the
Ministry of Environment and Forests
(MoEF)? NGT declared itself to be
a court with all powers that a court
has
Explanation: The order, authored by
NGT chairperson Swatanter Kumar,
said that the NGT is like a civil court
and satisfies all the stated features for
acting as an independent judicial
tribunal
with
complete
and
comprehensive powers. The order
underlined that the purpose of the
NGT Act will stand defeated if the
tribunal is not said to have all the
powers of a court. However, the order
may lead to another battle in the
continuing turf war between the NGT
and the MoEF. Despite persistent
requests, the MoEF had last year
declined to give the NGT the authority
to take suo motu cognizance,
reminding that it is a tribunal. In an
affidavit to the SC, the MoEF had even
said
the
NGT
was
causing
embarrassment by not acting as per
the Act. This NGT order was passed
while it was hearing petitions
challenging
the
2011
Coastal
Regulation Zone notification and the
environment clearance given to the Rs
5,000-crore Vizhinjam sea project in
Kerala by the MoEF.

4) Which country on 17 July 2014


became worlds first developed nation
to repeal carbon laws that put a price

on greenhouse-gas
Australia

emissions?

Explanation : Australian upper Senate


on 17 July voted 39-32 to scrap the
carbon tax that was introduced by
centre-left Labour government Prime
Minister Julia Gillard in July 2012 and
was introduced in November 2013.
This tax imposed A $25 (US$23.45)
tax per metric tonne of carbon dioxide
on countrys worst greenhouse gas
polluters. The tax was devised to
penalize hundreds the countrys
biggest polluters. Australia is one of
the largest per capita greenhouse gas
emitters due to its reliance on coalburning power stations to power
homes and industry. The carbon tax
and plans for an eventual emissions
market dominated Australian politics
for years, gaining momentum in 2007,
when former Labour Prime Minister
Kevin Rudd called climate change the
greatest moral challenge of our time
and made signature of the Kyoto
climate protocol one of his first political
acts after taking office.

5) Which city would host the next


summit of IBSA (India, Brazil and
South Africa) to be held in 2015?
New Delhi
Explanation : IBSA Summit 2015
would be the 7th summit of this threenation grouping. This was agreed to at
a meeting Indian Prime Minister
Narendra Modi had with South African
President Jacob Zuma in Brasilia on
16 July 2014 on the sidelines of the
summit BRICS leaders held with South
American leaders. IBSA represents
three important poles for galvanizing

South-South Cooperation and greater


understanding
between
three
important continents of the developing
world namely, Africa, Asia and South
America.

6) Who was appointed as the Judicial


Commissioner by the ICC to hear the
misconduct case against England

paceman James Anderson during on


the ongoing test series against India?
Gordon Lewis AM of Australia
Explanation : Anderson is facing a
charge under Level 3 of the ICC Code
of Conduct for Players, following
allegations that he pushed and abused
Indias Ravindra Jadeja during the
lunch break on the second day of the
Nottingham Test.

July 19-20, 2014

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30 CURRENT AFFAIRS

1) Which country became the first in


the world to legalise child labour
recently? Bolivia
Explanation : While most of the world
is trying to diminish child labour,
Bolivia has become the first nation to
legalise it from age 10. The Congress
of this Latin American country had
(during early July 2014) approved a
legislation legalise child labour from
the age of ten. Vice-President Alvaro
Garcia signed it into law on 17 July
2014 in the absence of President Evo
Morales, who was travelling. Under the

legislation, 10-year-olds will be able to


work as long as they are under
parental supervision and also attend
school. It sets 12 as the minimum age
for a child to work under contract.
They also would have to attend
school. The bills sponsors say
lowering the minimum work age from
14 simply acknowledges a reality:
Many poor families in Bolivia have no
other choice than for their kids to work.
The bill offers working children
safeguards.

2) Diplomats from Iran and five


permanent members of the UN
Security Council plus Germany (P5+1)
on 18 July 2014 reached an
agreement to extend the Iran nuclear
talks till which date? 24 November
2014
Explanation : Iran and six world
powers failed to meet their target date
for cutting a nuclear deal in the talks
held at Vienna. They, however, agreed

to extend the talks until 24 November


in a bid to overcome stubborn
differences over the size and capacity
of activities by Tehran that could be
used to make nuclear arms. Months of
exhausting negotiations were meant to
culminate in an agreement by 20 July
2014 that would limit the nuclear
programmes Iran says it needs to
produce energy and for other peaceful
purposes but which can also be used
to make nuclear arms. In return, Iran
would have gotten progressive relief
from all nuclear-related sanctions on
its economy. It is worth mentioning
that P5+1 include 5 permanent
members of the UN Security Council
(United States, United Kingdom,
Russia, China and France) and
Germany.

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31 CURRENT AFFAIRS

3) What is the name of the India-born


Chief Business Officer (CBO) of
Internet giant Google, who in a
surprise move announced quitting the
company after working for 10 years?
Nikesh Arora
Explanation : Nikesh Arora is often
regarded as among the top lieutenants
at Google. Google CEO Larry Page
posted a post explaining Nikesh
Aroras decision to quit the company.
He also mentioned the important role
played by him in bringing Google up to
the level it is today. Arora is moving to
Japans SoftBank Corp as ViceChairman.

4) The Bank Employees Federation of


India (BEFI) on 19 July 2014 released
a list of 1,129 wilful corporate loan

defaulters on the occasion of the Bank


Nationalisation Day. All the companies
mentioned in the list had defaulted
loans over Rs. 10 crore. What is the
approximate aggregate value of these
defaulters? Rs. 54,000 crore
Explanation :
The
purpose
of
releasing the list by BEFI on the Bank
Nationalisation Day was to put
pressure on the defaulters and bank
managements. BEFI claimed that a
similar list released by unions about
five years ago helped some recovery.
This list claimed that during the year
ended 2013-14, provisioning for Non
Performing Assets (NPAs) accounted
for Rs. 63,591 crore out of a total
operating profit of Rs. 1,27,965 crore.
Lanco Mandakini Hydro Energy,
Sujana Group, Kingfisher, Progressive
Construction, Viceroy Hotels, Regency
Ceramics, Nav Bharat International, S
Kumars Nationwide Ltd and Deccan
Chronicle have been named in the list,
among others.

5) The Union Govt. on 19 July 2014


set up an expert committee to look into
concerns raised by cost accountants
over some provisions in the new Cost
Records and Audit Rules. Who is
heading this committee? R. S.
Sharma, ONGCs former Chairman
and Managing Director
Explanation : Following notification of
the Companies (Cost Records and
Audit) Rules 2014, the Council of the
Institute of Cost Accountants of India
(ICoAI) had expressed concerns over
certain provisions of the rules,
particularly coverage of sectors of
economy under the rules. The other

members of the committee will be R K


Jain, Additional Secretary in Ministry of
Health and Family Welfare, former
ICWAI (Institute of Cost and Works

Accountants of India) President


Chandra Wadhwa, and Aruna Sethi,
Adviser (Cost), Ministry of Corporate
Affairs.

July 21, 2014


manufacturing cigarettes and selling
them to consumers without properly
informing them of the hazards.
However, RJ Reynolds plans to appeal
the court decision and verdict and is
confident that the court will follow the
law and not allow this runaway verdict
to stand.

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32 CURRENT AFFAIRS

1) Which tobacco company of the


United States was ordered by a
Florida state jury to pay a whopping
$23.6 billion in punitive damages to
the wife of a longtime smoker who
died of lung cancer? RJ Reynolds
Tobacco Company
Explanation : This order was passed
on 18 July 2014 and was seen as one
of the largest for a single plaintiff in
Florida history. During the four-week
trial, lawyers for Michael Johnsons
widow Cynthia Robinson argued that
RJ Reynolds was negligent in
informing consumers of the dangers of
consuming tobacco and thus led to
Johnson contracting lung cancer from
smoking cigarettes. Michael Johnson
passed away in 1996 while fighting
lung cancer. The order stated that RJ
Reynolds took a calculated risk by

2) Which Southeast Asian country on


20 July 2014 allowed 100% foreign
ownership
in
banks?
The
Philippines
Explanation : The order announced
on 20 July allows foreign banks to own
100% stock of an existing domestic
bank or to open a fully owned
subsidiary
incorporated
under
Philippines laws. It replaces a cap of
60% on foreign ownership and
abolishes previous rules that allowed
just 10 foreign banks in the country.
The new law is in preparation for the
economic integration of members of
the 10-country Association of SouthEast Asian Nations (ASEAN) in 2015.

3) Andhra Pradesh Government on 20


July 2014 formed an advisory

committee on the new capital city for


the State with representation from the
industry. Who has been appointed
head of this committee? P.
Narayana, Minister for Municipal
Administration
and
Urban
Development
Explanation : Other members of this
committee includes G V Sanjay Reddy
of GVK Group, B Srinivas from GMR
Group, M Prabhakar Rao, Chairman of
Nuziveed Seeds, C Srinivasa Raju,
Chairman of Peepul Capital. The panel
would propose an action plan with
timelines for submission of its
recommendations
on
conceptualisation of an inclusive city,
creation of a viable urban ecosystem,
efficient use of natural resources,
urban planning policies, effective
institutional
management
system,
among others. It would also advise on
supplementing resources committed
by the Central government for the new
capital with mechanisms to raise
additional resources for development.

4) Who won the German Grand Prix


F1 title for 2014 on 20 July 2014?
Nico Rosberg of Germany
Explanation : It was fourth win of the
season and the first at a home race for
Rosberg belonging to the Mercedes
team. Valtteri Bottas (Williams)
captured
second
place
while
Rosbergs Mercedes teammate Lewis
Hamilton took third place. With this win
Rosberg has extended his lead in the
Formula One drivers standings to 14
points over Hamilton. The race began
with a first lap collision between
McLarens Kevin Magnusson and
Felipe Massa in a Williams.

5) Who was appointed as the Private


Secretary (PS) to Prime Minister
Narendra Modi on 20 July 2014?
Sanjeev Kumar Singla
Explanation : Sanjeev Kumar Singla
is a 1997 batch IFS officer and he
succeeds Vikram Misri, who is going to
Spain as Ambassador. Misri, a 1989
batch IFS officer, served as Private
Secretary to former Prime Minister
Manmohan Singh.

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33 CURRENT AFFAIRS

July 22, 2014


1) Which private sector bank has
agreed to buy a 15% stake in
beleaguered
Multi
Commodity
Exchange of India Ltd (MCX),
announcement of which pushed the
stock value of MCX by more than 10%
on 21 July 2014? Kotak Mahindra
Bank

Explanation : The commodity market


regulator,
Forward
Market
Commission (FMC), had ordered MCX
to reduce its promoter- Financial
Technologies (FTs) stake from 26 to
2% in December last year after FT
was found not fit and proper to own
stake in any exchange, following the
NSEL crisis. However, since the
promoter repeatedly missed the
deadline for reducing its stake, the
regulator said it would not allow the
exchange to issue any new contracts
beyond August, unless they did so.
The news of Kotak Mahindra Banks
buyout has thus come at the right time.
Prominent
investor
Rakesh
Jhunjhunwala had recently acquired
nearly two per cent stake in MCX for
about Rs. 66 crore a few days ago.

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34 CURRENT AFFAIRS

2) Defence Ministry has recently


approved the takeover of which public
sector telecom cable manufacturing
company by the Ordnance Factory
Board (OFB)? Hindustan Cables
Explanation : Hindustan Cables is a
government
owned
company
established in 1952 and is engaged in
manufacture of telecom cables. It was
profitable till 1994 but then started
accumulating losses. The companys
units in West Bengal and Hyderabad
producing Polythene Insulated Jelly
Filled (PIJF) cables had not been in
production since January 2003, as
there is no requirement of these
cables in BSNL/MTNL. Now the
Department of Defence Production,
Ministry of Defence has conveyed its
in-principle approval on takeover of
Hindustan Cables Limited by the OFB.

3) India achieved a historic Test win


over England at Lords on 21 July
2014 by defeating them by 95 runs to
lead the five test series 1-0. This win
was Indias first at Lords since 1986.
Who led India in the 1986 tour to
achieve that historic test win? Kapil
Dev
Explanation : The 1986 win at Lords
under the leadership of Kapil Dev was
Indias lone win at this historic venue
better known as the Mecca of Cricket.
Thus India once again created history
under the leadership of M.S. Dhoni at
Lords. Ishant Sharmas career best
bowling figure of 7 wickets for 74
played crucial role in Indias win.
Needing 319 runs in the second
innings to win the Test, England
seemed cruising at one time with the
score at 173 for 4. But a huge collapse
after lunch brought England to 223 all
out and gave India this historic win.
Ishant Sharma was declared man of
the match.

4) NASA organised a renaming


ceremony at Cape Canaveral in
Florida on 21 July 2014, which was the
site of the path-breaking launch of first
humans to set foot on the moon.
Which anniversary of moon landing is
NASA celebrating this year? 45
Explanation : The 45th anniversary of
the landing of NASA astronauts Neil
Armstrong and Buzz Aldrin was
celebrated on 21 July. On 20 July
1969, Apollo 11 astronauts Neil
Armstrong and Buzz Aldrin became
the first humans to set foot on the

moon.
NASA
honoured
Neil
Armstrong, who died in 2012, on this
occasion by naming the historical
launch building at Cape Canaveral
after him. Both Aldrin and Michael
Collins, the Apollo 11 command
module pilot who orbited the moon,
were present on this occasion.

5) Maharashtra
minister
Narayan
Rane resigned from the Maharashtra
Cabinet on 21 July 2014. He had been
pushing for the replacement of Chief
Minister Prithviraj Chavan after the
partys rout in the Lok Sabha elections.
What portfolio was Rane holding in
Maharashtra Cabinet? Industries
Minister
Explanation : Rane had quit his
Cabinet post in May 2014 after his son
Nilesh Rane was defeated in the Lok
Sabha polls from Konkan. However,
the party had not accepted his

resignation. He has been open about


his unhappiness with the party high
command for bypassing him for the
post of Maharashtra Chief Minister.
6) Britains largest retailer Tesco plc
on
21
July
2014
announced
appointment of Unilever executive and
turnaround specialist Dave Lewis as
the new CEO. He replaces whom,
whose three year reign proved almost
disastrous for the company? Philip
Clarke
Explanation : Philip Clarke will
continue as CEO until 1 October 2014
and will remain available to support
the transition until the end of January
2015. Lewis, currently working as
Unilevers Global President, Personal
Care, has been responsible for a
number of business turnarounds as
well as leadership in areas of
significant strategic priority.

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35 CURRENT AFFAIRS

July 23, 2014


1) The United Nations Security Council
on 21 July 2014 unanimously backed
a resolution over the downing of MH17
with Russia backing the resolution at
the eleventh hour after some changes
were made to the text. This resolution
was sponsored by which country?
Australia
Explanation : The 15-nation
Security
Council
adopted
Australian-drafted
resolution

UN
the
and

condemned in the strongest terms the


downing of MH17 on 17 July 2014 in
Donetsk Oblast, Ukraine, which
resulted in the tragic loss of 298 lives.
Australia brought this resolution to the
Security Council as it sought a
response from the alleged pro-Russian
rebels who were hampering recovery
efforts at the site of crash. At least 37
Australian citizens were killed in this
crash and the number was revised
from the earlier estimate of 28. The SC
resolution
puts
in
place
an
international,
independent
investigation into the plane crash and
puts more pressure on Moscow to use
its influence over the separatists. A
ceasefire has also been declared
within a 10-kilometre radius around the
crash site, to allow international
investigators to safely access the area.

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36 CURRENT AFFAIRS

2) Which company has recently


announced dividend-payout worth Rs.
12,750 crore to its shareholders, which
is believed to be the highest-ever
dividend payout by an Indian
company?
Tata
Consultancy
Services (TCS)
Explanation : TCS will shell out about
Rs. 12,750 crore to its 600,000
shareholders. Though the move will
deplete the cash chest of Indias
largest IT company by more than half,
the lions share of the dividend
largesse will go to TCS parent, Tata
Sons, which will become richer by Rs.
9,382 crore. TCS is the largest
software exporting company of India
and Tata Sons has 73.69% stake in it.
As of 30 June 2014, the company had
a cash chest of Rs. 25,900 crore.

3) India was ranked at sixth place in a


list of countries with the highest
prevalence of child marriages in the
world released by the UNICEF
recently. Which country was placed at
first place in this list? Niger
Explanation : According to a UNICEF
report titled Ending Child Marriage
Progress and prospects Child
marriage among girls is most common
in South Asia and sub-Saharan Africa
and India is among the top 10
countries with the highest rates of child
marriage. The 10 countries with the
highest rates of child marriage are
Niger, Bangladesh, Chad, Mali,
Central African Republic, India,
Guinea, Ethiopia, Burkina Faso and
Nepal respectively. According to this
report South Asia is home to almost
half (42%) of all child brides
worldwide; India alone accounts for
one third of the global total.

4) Who emerged as the winner in the


presidential election held in Indonesia
on 9 July 2014? Joko Widodo, who
is the Governor of Jakarta
Explanation : Joko Widodo won the
hearts of Indonesians with his
common man image and emerged
with 53% of the vote as announced by
the Election Commission on 22 July
2014. The numbers were released
shortly after his opponent, former
general Prabowo Subianto, declared
he was withdrawing from the contest,
saying there was massive fraud during
the election and that it was unfair and
undemocratic. These elections were

held to replace the


president
Susilo
Yudhoyono.

incumbent
Bambang

5) Which BJP member of parliament


(MP) was declared an absconder in
the Babri Masjid demolition case by a
special CBI court on 21 July 2014?
Sakshi Maharaj, BJP MP from Uttar
Pradeshs Unnao constituency
Explanation : The move came in the
wake of Sakshi Maharajs continued
absence for the trial he is facing in the
Babri Masjid demolition case. Sakshi
Maharajs name, with other senior BJP
leaders, figured in a First Information

Report (FIR) filed in Ayodhya on 2


December, 1992. While 49 people
were named as accused for the
demolition of the mosque, 13 were
acquitted of the charges at the primary
stages.

6) Tennis ace Sania Mirza was


appointed as the brand ambassador of
which state recently? Telangana
Explanation : Sania Mirza, a native of
Telangana capital Hyderabad, was
provided a cheque for Rs. 1 crore
towards expenditure for her coaching,
while being appointed as the brand
ambassador of the newly formed state.

July 24, 2014

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37 CURRENT AFFAIRS

for opening ceremony. What is the


motto of these Games? People,
Place, Passion

1) 20th Commonwealth
Games
at
Glasgow (Scotland) opened on 23 July
2014 after a grand opening ceremony
held at Celtic Park Stadium, the venue

Explanation : XX Commonwealth
Games were inaugurated by Queen
Elizabeth
at
Scotlands
capital
Glasgow on 23 July 2014. More than
4,500 athletes from 71 Commonwealth
countries are taking part in this multisport event being held from 23 July to
3 August 2014. Clyde, named after the
river which flows through the centre of
Glasgow is the mascot of these
games. 261 events would be held in
17 different sports during the games
which are the third largest multi-sport
event after the Olympics and the Asian
Games. Indian contingent comprises

of athletes and was led by Olympic


silver medal winner shooter Vijay
Kumar in the march past held for the
opening ceremony.

2) Which company on 23 July 2014


became the first Indian company to
cross market capitalization value of
Rs. 5 lakh crore? Tata Consultancy
Services (TCS)

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38 CURRENT AFFAIRS

Explanation : Market capitalization is


the value of a companys outstanding
shares and is used to determine a
companys
size.
TCSs
market
capitalization crossed 5 lakh crore
mark on account of appreciation in the
price of TCS scrip following good
financial results and record dividend
declaration by the company. Stateheld ONGCs market cap of around
Rs. 3.5 lakh crore is way behind that of
TCS. It is worth mentioning that TCS
market cap is more than the combined
market cap of its nearest three rivals
Infosys (Rs 1.90 lakh crore), Wipro (Rs
1.39 lakh crore) and HCL Tech (Rs
1.07 lakh crore).

3) Which organisation/board has been


chosen by the University Grants
Commission (UGC) to conduct the
National Eligibility Test (NET) as
announced by UGC on 22 July 2014?
Central Board of Secondary
Education (CBSE)
Explanation :
UGC decided
to
outsource the conduct of the NET to
CBSE as it perceived it was illequipped to conduct the nation-wide
examination held for university-level
teaching
and
junior
research

fellowships (JRFs). The decision was


taken at UGCs full commission
meeting held recently. For CBSE, this
will be a first as the Board has till now
conducted examinations only for
secondary
and
school-leaving
students. The minimum qualification
for NET is post-graduation. The UGC
will share its resource persons with
CBSE to set the question papers in 80
subjects. UGC took this decision as it
felt that the CBSE had the
infrastructure and had developed the
expertise from conducting schoolleaving
examinations,
All-India
Engineering Entrance Examination
and All India Pre-Medical Test
annually.

4) The Andhra Pradesh government


on 22 July 2014 conveyed its
recommendation
to
K.
Sivaramakrishnan, who is heading the
committee constituted by the Union
Government to identify a suitable
place for the new capital of state. The
AP Govt. in this recommendation
pitched for which place for locating the
new capital? Between Vijayawada
and Guntur
Explanation :
The
state
govt.
conveyed to the committee the distinct
advantages enjoyed by VijayawadaGuntur region in terms of availability of
abundant water and road, rail and air
connectivity. The Sivaramakrishnan
Committee has submitted a draft
approach paper to the Union Home
Ministry listing out various options for
creation of the new capital. The
expenditure for creation of the new

capital would be in the region of


Rs.1.40 lakh crore.

5) Who was hired as the new coach of


Brazils
national
football
team
recently? Dunga
Explanation : Former Brazil captain
Dunga thus replaces Luiz Felipe
Scolari, who resigned last week after
Brazil failed to win the World Cup.
Brazil was eliminated in the semifinals
in a humiliating 7-1 loss to Germany.
Dunga was the captain of Brazils
1994 World Cup-winning team, and
had coached the national team at the
2010 World Cup in South Africa. He
was dismissed after Brazil lost 2-1 in
the quarterfinals to the Netherlands.

6) Name of which Chinese meat


supplier came to limelight in the
Chinese meat scandal for allegedly
selling expired beef and chicken to

reputed companies like Starbucks and


Burger King? Husi Food Co.
Explanation : The name of Shanghaibased Husi Food Co. came to fore
after a Shanghai broadcaster, Dragon
TV, reported on 20 July 2014 that Husi
repackaged old beef and chicken and
put new expiration dates on them. It
said they were sold to McDonalds,
KFC and Pizza Hut restaurants. This
news led to a string of safety scares in
China and other countries. Starbucks
Corp. said it removed from its shelves
sandwiches made with chicken that
originated at Husi. Burger King Corp.
said it stopped using hamburger it
received from a supplier that used
product from Husi. Pizza restaurant
chain Papa Johns International Inc.
announced it stopped using meat from
Husi. In Japan, McDonalds Corp. said
it stopped selling McNuggets at more
than 1,300 outlets that used chicken
supplied by Husi. It said Husi had
been supplying chicken to it since
2002.

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39 CURRENT AFFAIRS

July 25, 2014


1) Which public-sector undertaking
(PSU) on 23 July 2014 became the
17 Navratna status company?
Container Corporation of India
Limited (CONCOR)
th

Explanation : The Ministry of Heavy


Industries and Public Enterprises,
Department of Public Enterprises,

Government of India granted Navratna


status to CONCOR on 23 July 2014.
CONCOR is a PSU engaged in
providing
comprehensive
logistics
solutions. It has the largest network of
62
inland
container
depots
(ICDs)/container freight stations in India.
In addition to providing inland transport
by rail for containers, it has also
expanded to cover management of
ports, air cargo complexes and
establishing
cold-chain.
The
Government of India (GoI) holds
61.80% stake in CONCOR (as per the
shareholding pattern as on 30 June
2014).

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40 CURRENT AFFAIRS

2) What is Indias Human Development


Index (HDI) rank in the recently released
Human Development Report (HDR) 2014?
135 out of 187 countries
Explanation : Indias ranking in HDR
climbed up just one rank as compared
to 2013 despite significant acceleration
on its road towards achieving the
millennium development goals. Smaller
SAARC countries like Sri Lanka (73) and
Maldives (103) pipped India behind in
the rankings. India also has the lowest
HDI among all BRICS nations, with its
life expectancy higher only than South
Africa. Russia, Brazil and China are in
the high HDI category with rankings of
57, 79 and 91 respectively. The HDR is
an annual report brought out by the
United
Nations
Development
Programme (UNDP) since 1990. HDI is
assessed on the basis of three
parameters long and healthy life, access
to knowledge and a decent standard of
living. Norway, Australia, Switzerland,

Netherlands and the United States


respectively topped the HDI ranking list
while Niger, Democratic Republic of the
Congo, Central African Republic and
Sierra Leone were at the bottom of the
list.
3) Who was during July 2014 chosen as
the head of the committee formed to
review the previous UPA governments
decision to raise the price of natural gas
that would have led to a cascading effect
on power tariff, urea costs and retail price
of piped cooking gas? Suresh Prabhu
Explanation : Suresh Prabhu is a
former Union power minister. An
indicative terms of reference for the
committee includes revisiting the
Natural Gas Pricing Guidelines of 2014
(NGPG 2014) and the C. Rangarajan
formula and the possibility of applying
the same in its present form or with
modifications.
4) Who won the first gold medal for
India at the 20 Commonwealth Games
being held at Glasgow, Scotland? K.
Sanjita Chanu, woman weightlifter
th

Explanation : Sanjita Chanu opened


Indias campaign on a flying note on 24
July 2014 by winning a gold medal in
womens 48kg category. After that Sukhen
Dey bagged the second gold for India in
mens 56kg category to give the country
its second gold medal of the day.
5) An Air Algerie passenger aircraft enroute from Ouagadougou in Burkina

Faso to Algiers crashed on 24 July


2014 killing 116 people on-board. This
crash took place in deserts of which
country? Mali
Explanation : The wreckage of an Air
Algerie plane was found 50 kilometers
north of the Burkina Faso border in the
Malian region of Gossi. The crash took
place some 50 minutes after taking-off
from Ouagadougou. The dead included
50 French, 24 Burkinabe, 8 Lebanese,
6 Algerians, 6 Spanish, 5 Canadians, 4
Germans and 2 Luxembourg nationals.
The sole survivor, a young Algerian
soldier, was critically injured. This was
the third major air crash worldwide in
just a week after 17 July shooting of
Malaysian Airlines MH17 in eastern
Ukraine and Taiwans TransAsia crash

on 23 July in a Taiwanese island killing


48 people on-board.
6) Sri
Lankan
batsman
Mahela
Jayawardene smashed an unbeaten
140 against South Africa on the first day
of the second Test against South Africa
at Singhala Sports Club (SCC) ground
in Colombo on 24 July 2014. What
unique record Mahela achieved with
this century at SCC? This was his
11 century at SCC ground, which is
the most by any batsman at a single
venue
th

Explanation : This century against


South Africa was also the 34 century
for Mahela Jayawardene and he joined
Indias Sunil Gavaskar and Brian Lara of
the West Indies at fifth place on the list of
highest Test century makers.
th

July 26-27, 2014

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41 CURRENT AFFAIRS

and Mangalore & Padur (both on the


western coast of Karnataka)

1) Indian would soon join the select


band of nations with capability to store
crude oil. At which three places these
strategic reserve caverns are being
constructed to store crude oil safely?
Visakhapatnam (Andhra
Pradesh)

Explanation : By building caverns at


these three places India would join the
company of a select few the US,
Japan, China, Korea and the
Scandinavian countries, with capability
to store large amount of crude oil
safely. These state-of-the-art caverns
are being constructed by Indian
Strategic Petroleum Reserves Ltd, a
wholly-owned
subsidiary
of
Oil
Industry Development Board. An area
7-km long and as high as a 10 storey
building would feature in the tunnels

made for these caverns which would


be safe even from deadly missile
attacks. India will hold 1.3 million
tonnes of crude oil as a strategic
reserve here at these three caverns. In
all, the three projects would cost about
Rs. 4,000 crore.

2) The Union Govt. on 26 July 2014


launched a web portal for enabling
government-citizen discussions on
several issues. What is the name of
this portal which was inaugurated by
Prime Minister Narendra Modi?
MyGov

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42 CURRENT AFFAIRS

Explanation : The main objective of


MyGov is to engage the youth of the
country in the nations development. It
presents an opportunity to citizens to
both discuss and do constructive work.
There are multiple theme-based
discussions on MyGov where a range
of people would share their thoughts
and ideas. The portal is implemented
and managed by National Informatics
Centre (NIC) and the Department of
Electronics
and
Information
Technology (DeitY).

3) 15th anniversary of Kargil War of


1999 was observed on 25 and 26 July
2014. The primary event to mark the
15th anniversary of the victory was held
at which place? The Kargil War
Memorial in Drass
Explanation : The war was fought in
the summer of 1999 to evict Pakistani
regular forces which had intruded and
occupied winter vacated posts on the
Indian side of the Line of Control,
violating an unwritten agreement. The

Indian
Army
operation
named
Operation Vijay cost the Army
hundreds of young lives, in whose
memory the commemorative function
is held every year. 4 Indian soldiers
(Captain Vikram Batra, Grenadier
Yogendra Singh Yadav, Lieutenant
Manoj Kumar Pandey and Rifleman
Sanjay Kumar) were awarded Indias
highest gallantry award the Paramvir
Chakra, for their gallant in this War.

4) How many banks were fined by the


Reserve Bank of India (RBI) on 25
July 2014 for violating central bank
rules in the case of Deccan Chronicle
Holdings? Twelve
Explanation : These 12 banks are
Andhra Bank (Rs 10 lakh), Axis Bank
(Rs 15 lakh), Canara Bank (Rs 10
lakh), Corporation Bank (Rs 10 lakh),
HDFC Bank (Rs 5 lakh), ICICI Bank
(Rs 40 lakh), IDBI Bank (Rs 15 lakh),
IndusInd Bank (Rs 10 lakh), Kotak
Mahindra Bank (Rs 10 lakh), Ratnakar
Bank (Rs 5 lakh), State Bank of
Hyderabad (Rs 10 lakh) and Yes Bank
(Rs 10 lakh). The RBI had carried out
a scrutiny of the loan and current
accounts
of
Deccan
Chronicle
Holdings Ltd., in certain branches of
these banks in late 2013. After this
scrutiny it came to the conclusion that
some
of
the
violations
were
substantiated
and
warranted
imposition of monetary penalty.

5) Who on 25 July 2014 was


appointed by the Supreme Court as
the Special Judge to preside over the
Special Court set up for exclusively

holding trial in cases of coal block


allocation scam? Bharat Parashar,
the Additional Sessions Judge
Explanation : Bharat Parashar is an
officer of the Delhi Higher Judicial
Service (DHJS). The Supreme Court
also named senior advocate R S
Cheema as Special Public Prosecutor
to conduct prosecution of the high and
mighty allegedly involved in this scam.
Cheema is a Chandigarh-based noted
criminal lawyer. The CBI has initiated
around 16 regular cases on coal block
allocations, including those against the
then MP Naveen Jindal and former
minister of state for coal Dasari
Narayan Rao in relation to coal block
allocation and against K M Birla and
former coal secretary P C Parakh for
alleged illegality in grant of blocks to
Hindalco Industries Ltd.

6) The first edition of Pro Kabaddi


League
(PKL),
the
IPL-style
professional league for traditional
Indian sport of Kabaddi, started from
26 July 2014. Eight franchisee teams
are taking part in the inaugural PKL.
Who is the Chief Executive Officer
(CEO) of PKL who has been
responsible for doing important
groundwork for bringing it to surface?
Charu Sharma
Explanation : Charu Sharma is a
famous commentator, TV host and
former sportsman. He was associated
with IPL also and has been the driving
force for PKL. The inaugural PKL
season includes 8 teams Bengal
Warriors, Jaipur Pink Panthers,
Bengaluru Bulls, Telugu Titans, U
Mamba, Dabang Delhi, Puneri Paltan
and Patna Pirates.

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43 CURRENT AFFAIRS

July 28, 2014


China was made on 22 July when
some Chinese graziers put up three
tents in the Indian territory. They
withdrew after talks between troops on
either side of the border. This intrusion
was made in which sector?
Demchok Sector of Ladakh(in
Jammu and Kashmir)

1) According to reports released on 27


July 2014 yet another intrusion by

Explanation : On 22 July 2014 the


Chinese graziers (herdsmen) put up
three tents at the Charding Nilu Nullah
Junction in the Demchok sector, which
is situated along the Line of Actual
Control (LAC), the de-facto border

between India and China. A flag


meeting between the commanders
from both sides finally resulted in the
Chinese agreeing to move back the
graziers a day after. The incident
comes on the back of two reported
incursion attempts by China earlier in
July 2014 in Demchok and Chumar
areas in Ladakh.

2) Public sector based Central Bank


during July 2014 announced its plans
to sell 4% of its stake to LIC for Rs.
581 crore. This stake sale is planned
to meet banks capital requirement of
Rs. 2,000 crore this fiscal. With this
proposed sale Union Govt.s holding in
Central Bank would come down to
84%

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44 CURRENT AFFAIRS

Explanation : Presently the Union


Govt. holds 88% stake in Central
Bank. Once the bank gets funds from
LIC, it will then approach the
government for around Rs. 1,500 crore
of additional capital. The government
has earmarked only Rs.11,200 crore
for fund infusion into public sector
banks this current fiscal, down from
Rs.14,000 crore in the last fiscal.

3) What is the name of the typhoon


which killed thirteen people in China
and affected about 2.5 million people
before being dissipated on 26 July
2014? Typhoon Matmo
Explanation : Matmo was a tropical
cyclone and was known as Typhoon
Henry in the Philippines. It struck
Taiwan before making landfall in China
on 23 July 2014. More than 2.5 million
people were affected as the impact of

the typhoon spread to eight provinces


of Liaoning, Jiangsu, Zhejiang, Anhui,
Fujian,
Jiangxi,
Shandong
and
Guangdong. Later the typhoon was
downgraded to a tropical storm and
dissipated on 26 July. Matmo was the
10th typhoon to affect China this year
and destroyed homes and crops and
caused direct economic losses worth
3.37 billion Yuan ($547 million).

4) Which
company
signed
an
agreement to acquire all the three
hydroelectric
power
plants
of
Jaiprakash Associates Ltd. (JAL) with
a combined production capacity of
around 1,800 MW? Reliance Power
Explanation : Reliance Power is
group company of the Anil Dhirubhai
Ambani Group (ADAG). It signed
agreement an exclusive Memorandum
of Understanding (MOU), for the 100%
acquisition by Reliance Power of the
entire hydroelectric power portfolio of
Jaiprakash Power Ventures Ltd (JPVL)
which is an associate company of JAL.
JPVLs hydroelectric power portfolio
has an aggregate capacity of nearly
1,800 MW, the largest in the private
sector in India and with an asset base
of over Rs. 10,000 crore. The portfolio
comprises of the three plants, with an
asset life of over 50 years, each using
run-of-the-river technology to convert
natural water flow to electricity
eliminating the need for a large
reservoir. The completion of the
proposed transaction would make
Reliance Power the largest provider of
hydroelectric power in the private
sector in India. Currently, Reliance
Power has hydroelectric power

projects aggregating over 5,000 MW


under development, of which 4,200
MW are located in Arunachal Pradesh,
700 MW in Himachal Pradesh and 400
MW in Uttarakhand.

5) Who won the 2014 Hungarian


Formula One (F1) Grand Prix on 27
July 2014? Daniel Ricciardo of
Australia

Explanation : Red Bulls Daniel


Ricciardo claimed his second F1
victory by winning the Hungarian GP.
Fernando Alonso (Spain) claimed the
second spot for his Ferrari team while
Mercedes Lewis Hamilton (Great
Britain) won the third place. However,
the race would be remembered for
Lewis Hamilton ignoring his team
Mercedes orders to let championship
leader Nico Rosberg go by. Rosberg
thus finished the race at fourth place.

July 29, 2014

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45 CURRENT AFFAIRS

Vechur and Krishna Valley, the


Government plans to set up Gokul
Grams (cow sanctuaries), for which
public-private partnerships as well as
NGOs
will
be
involved.
The
Government has kept aside Rs. 500
crore for the mission out of the Rs.
1,200 crore allocated for cattle and
dairy development during the 12th Plan.
Of this Rs. 150 crore will be spent this
fiscal.

1) What is the name of the mission


announced by the Union Govt. on 28
July 2014 envisioned to protect the
indigenous breeds of cows in the
country? Rashtriya Gokul Mission

2) What is the theme of the Science


Express which was flagged-off from
Safdarjung Railway Station (Delhi) on
its third phase of journey on 28 July
2014? Biodiversity

Explanation :
Rashtriya
Gokul
Mission (RGM) was announced as
part of BJPs poll promise to protect
the cow and its progeny. To protect
indigenous breeds, such as Punganur,

Explanation : The Science Express


Biodiversity
Special
train
was
launched in 2012 and has covered 114
stations and travelled more than
37,000 km in the first two phases. The
train would pass through 57 locations

across the country in the next 194


days. The train is a venture of the
three
ministries,
Ministry
of
Environment, Forests and Climate
Change, Ministry of Science and
Technology and Indian Railways. It will
travel for 194 days and stop at 57
places before ending its journey on 4
February 20015 in Gandhinagar.

3) Which debutant weightlifter from


India on 27 July 2014 broke the games
record to win a gold medal in mens 77
kg
event
at
the
ongoing
Commonwealth Games 2014 at
Glasgow? Satish Sivalingam

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46 CURRENT AFFAIRS

Explanation : The 22-year-old Satish,


who was the 2013 Commonwealth
Weightlifting
Championships
gold
medallist, lifted a total of 328 kg
(149+179) to pip the 2010 CWG gold
medallist Ravi, who had to be content
with a silver medal following an effort
of 317 kg (142+175). Satishs 149 kg
lift in snatch lift erased the earlier
record of 148 kg in the name of Yuko
Peter of Nauru while winning gold in
2010 Delhi.

4) The licences of six Delhi-based non


banking financial companies (NBFCs)
were cancelled over a period of three
months from April to June 2014. These

cancellations were made by which


entity which is the statutory authority
on NBFCs? The Reserve Bank of
India (RBI)
Explanation : The certificate of
registration of six entities were
cancelled by the RBI following which
these entities would not be able to
conduct business. These 6 entities are
GE Strategic Investments India,
Profound Exports, Two Brothers
Holding, Swank Services Private Ltd,
Praxis Consulting and Information
Services and Credible Microfinance
Ltd. However, the RBI did not provide
any reasons for the cancellation.

5) Which telecom company recently


became the first in India to have a
combined subscriber base of over 300
million? Bharti Airtel
Explanation :
Bharti
Airtels
subscriber base across mobile, fixed
line and DTH services crossed 300
million recently. Companys latest 100
million subscribers were added in less
than 2 years. Bharti Airtel has been
ranked as the fourth-largest mobile
service provider globally and secondlargest globally outside of China. It
started its operations in 1995 and had
touched 100-million customer mark in
2009 and the 200 million mark in 2012.

July 30, 2014

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47 CURRENT AFFAIRS

1) Which
Indian
online
retailer,
recently raised $1-billion (Rs 6,013
crore) of fresh funds in one of the
largest funding for any e-commerce
company globally? Flipkart
Explanation : Flipkart is the largest
online retailer of India with around 22
million registered users and five million
shipments in a month. This massive
funding was co-led by existing
investors Tiger Global Management
and Naspers. Singapores sovereign
wealth fund GIC, along with existing
investors Accel Partners, DST Global,
ICONIQ Capital, Morgan Stanley
Investment Management and Sofina,
also participated in the fund-raising.
The company will utilise the proceeds
to
make
long-term
strategic
investments in India. It is estimated
that the firm has, so far, raised over
$1.7 billion from investors, including
the current transaction.

2) The Law Commission of India (LCI)


has proposed that a seven-member
Judicial Appointments Commission
(JAC), should be set up to make
recommendations to the President on
transfer and appointment of judges to
the higher judiciary. It has asked for a
pre-ponderence of members of the
judiciary with three sitting judges of
the Supreme Court, the Minister of
Law and Justice, an eminent jurist and
an eminent member of civil society as
its other members. Who is the
Chairman of Law Commission of India
(LCI)? Justice A P Shah, Former
Delhi High Court Chief Justice
Explanation : The JAC Bill 2013,
introduced in the Rajya Sabha by the
previous UPA government, also
proposed the inclusion of two eminent
persons in the JAC, both selected by
the same committee as suggested by
LCI. But the Bill proposed a sixmember JAC instead of seven as
proposed by A P Shah. Shah has also
favoured a fixed tenure of two years
for the CJI, and an increase in the
retirement age of HC Judges to 65
years to bring it at par with that of SC
Judges.

3) 100th anniversary of the First World


War was commemorated on 28 July
2014 all over the world. Over 10
million people (including civilians and
soldiers) are believed to be killed in
this War which pulled in close to 70
million soldiers on five continents.

Which incident led to this War? The


assassination of Archduke FranzFerdinand heir to the AustroHungarian throne, by a pro-Serb
nationalist in Sarajevo on 28 June
1914
Explanation :
This
assassination
provoked Austria-Hungary to declare a
war on Serbia on 28 July 1914 a
month
after
Archduke
FranzFerdinands killing. The 1stWorld War
went on till 1918 and was responsible
for redrawing the world map and later
shaping the geopolitics of the coming
century.

4) What is the name of the Power


Minister of Haryana who resigned from
Bhupinder Singh Hooda-led Congress
ministry on 29 July 2014? Ajay
Yadav
Explanation : Ajay Yadav is six-time
Congress MLA from Rewari. He
resigned from the cabinet after
alleging bias in several matters
including recruitment and induction of

members to various commissions and


statutory bodies.

5) Which English cricketer was banned


from displaying political messages on
the field by the International Cricket
Council (ICC) after he wore wristbands
supporting Palestinians during the
third test against India on 28 July
2014? Moeen Ali
Explanation : Moeen Ali is an allrounder in England playing against
India in the ongoing series. He came
to highlight after he wore wristbands
with Save Gaza and Free Palestine
while batting against India on 28 July
2014 at Rose Bowl in Southampton in
the third Test of the Test series. ICC
clothing rules do not allow displays of
messages relating to political, religious
or racial activities during internationals.
However, the England and Wales
Cricket Board didnt believe Ali was
committing an offence for his act of
solidarity with Gazas Palestinians,
who are in an ongoing war with Israel.

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48 CURRENT AFFAIRS

July 31, 2014


1) The European Union (EU) on 29
July 2014 slapped comprehensive
economic sanctions against Russia for
the first time. These measures were
announced at an emergency meeting
of the EU ambassadors in Brussels.
What are the important sanctions
slapped on Russia?

The
export
of
sensitive
technologies in the energy sector
from EU countries to Russia have
been banned

boulders from a hillock came crashing


down on a village early on 30 July.

- Russian banks access to the


European financial markets have
been restricted

3) Which Nigerian weightlifter became


the first to be caught in a dope offence
in the ongoing Commonwealth Games
2014 at Glasgow, due to which India
got an additional medal in the event?
Chika Amalaha

- Curb has been imposed on export


of high technology arms for the
Russian armed forces from the EU
countries

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49 CURRENT AFFAIRS

Explanation : These measures will


ensure that some key sectors of the
Russian economy will be brought
under the sanctions regime for the first
time since the EU began imposing
penalties on Russia following its
annexation of Ukraines Crimean
peninsula in March 2014. The EUs
sanctions so far have been limited to
visa ban on top Russian government
officials and various individuals
allegedly involved in the Ukraine crisis.
The EU is hoping that the new
measures will put pressure on Russia
to change its course on Ukraine and to
seek a negotiated settlement to the
crisis.

Explanation : Chika Amalaha was the


winner of gold medal in womens 53kg
weightlifting competition held on 25
July 2014. However, after her A
sample failed in the dope test, her B
sample
also
turned
positive.
Consequentially, Indias Swati Singh
was handed the bronze while Matsha
Santoshi, who had won the bronze,
was upgraded to silver. India thus
returns with 12 medals (three gold,
four
silver,
five
bronze)
from
weightlifting in the Games, two medals
more than in 2010 Delhi.

2) What is the name of the village near


Pune which witnessed a major
landslide on 30 July 2014 killing over
20 people and hundreds missing?
Malin

4) Former foreign minister K. Natwar


Singh made some startling revelations
about Congress President Sonia
Gandhi and her son Rahul Gandhi on
30 July 2014. These revelations were
made pertaining to an autobiography
of Singh to be released on 1 August
2014. What is the name of this
autobiography? One Life Is Not
Enough

Explanation : Malin village is in the


Ambegaon taluka of Maharashtra and
is situated about 70 km from Pune
near the famous Bhimashankar
Jyotirling temple. A major landslide
was triggered by heavy rains taking
place around the region. Huge

Explanation : K. Natwar Singh


revealed that Congress president
Sonia Gandhi was stopped by her son,
Rahul, from becoming prime minister
in 2004 because he was scared she
too would fall victim to political
assassinations
that
had
earlier

ravaged the Nehru-Gandhi family. He


was foreign minister in the first UPA
government that won power in 2004.
He was forced to resign under a cloud
of scandal in 2005 after a UN inquiry
named him as a beneficiary in illegal
payoffs relating to an Iraqi oil-for-food
programme.

5) The Union Govt., in an ambitious


initiative, has proposed merging the
Bharatiya Mahila Bank (BMB) with the
Rashtriya Mahila Kosh (RMK). Women
and Child Development Maneka
Gandhi said the performance of BMB
and RMK was not satisfactory and that
is why government was mulling
merger of the two to strengthen the
lending facility to women. When was
the
Rashtriya
Mahila
Kosh
established? In 1993

6) Who would head the soon-to-beincorporated private bank IDFC, which


was one of the two entities to have
received the banking license by the
RBI? Rajiv Lall
Explanation : Rajiv Lall is the
Executive Chairman of IDFC at
present. Subject to RBI approval, Rajiv
Lall will be the Managing Director and
Chief Executive Officer of IDFC Bank,
which is expected to be formed by 25
October 2015. IDFC Bank will be a
listed entity from day one of operations
and the existing shareholders of IDFC
will be given an equivalent number of
shares in the bank. The demerger of
IDFC and IDFC Bank is to be
completed within six-nine months, and
a large part of its assets will be
transferred to the bank..

Page

50 CURRENT AFFAIRS

Explanation : The RMK was set up in


1993 under the Women and Child
Welfare Ministry with an initial corpus
of Rs 31 crore. It is estimated that it
has corpus of over Rs. 200 crore at
present. It follows a quasi-formal credit
delivery mechanism involving simple

and minimum procedure and provides


micro-finance
services
without
collateral for livelihood and income
generation activities. The BMB was
established on 19 November 2013
with an initial corpus of Rs 1,000 crore.

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