Beruflich Dokumente
Kultur Dokumente
Repo rate- 8%
Reverse Repo Rate-7%
CRR-4%
SLR-22%
Bank Rate-9%
Marginal Standing Facility (MSF)- 9%
RBI amended KYC norms for NBFCs, as they were facing practical difficulties and constraints in getting
KYC documents at frequent intervals.
The Department of Financial Services under the Union Ministry of Finance on 31 December 2014
appointed the Managing Directors (MD) and Chief Executive Officers of four Nationalised Banks.
Union Cabinet approved the hike of government stake in Industrial Finance Corporation of India (IFCI) ltd
to 51 percent.
The Reserve Bank of India on 29 December 2014 released the Financial Stability Report December 2014.
The report also includes the Trend and Progress of Banking in India during 2013-14.
Foreign Exchange Reserves of India reached 320 billion US dollars on the back of a massive jump in foreign
currency assets.
Four PSUs signed joint venture agreements to set up an integrated coal gasification-cum-fertiliser and
ammonium nitrate complex in Talcher, Odisha.
Union Cabinet approved promulgation of an Ordinance to hike FDI cap in the insurance sector to 49
percent.
Suresh Prabhu Advisory Group on Integrated Development of Power submitted report to Union
Government.
BHEL bagged a 16.96 million Euros contract for a thermal power project from Electricity Generation
Company of Turkey.
The interest rate of 8.75 percent on Provident Fund (PF) deposits for the year 2014-15 was approved by
the Union Finance Ministry on 19 December 2014.
RBI imposed monetary penalty on ICICI bank and Bank of Baroda for violation of its instructions regarding
norms on KYC and AML.
RBI increased RTGS (real time gross settlement) business hours from 7.30 hours to 12 hours.
The Cabinet Committee on Economic Affairs (CCEA) on 10 December 2014 approved the implementation
of the Tea Development and Promotion Scheme of the Tea Board.
Union Cabinet approved to set up of 500 crore rupees Credit Guarantee Fund for factoring of Micro, Small
and Medium Enterprises.
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The Union Government on 5 December 2014 divested its 5 percent stake in Steel Authority of India Ltd
(SAIL).
The Reserve Bank notified reviewed Foreign Direct Investment (FDI) policy in railways infrastructure and
Defence sectors.
Air India signed a MoU with NBCC for monetization of surplus land assets of the national carrier.
The Union Cabinet approved Regional Rural Banks (Amendment) Bill, 2013 that seeks amendments in the
Regional Rural Banks (RRBs) Act, 1976.
RBI in its fifth bi-monthly monetary policy statement kept the policy rates unchanged.
International Finance Corp (IFC) arm of World Bank issued 10 billion rupee Masala bond to fund
infrastructure development. The so-called masala bonds mark the first rupee bonds listed on the London
Stock Exchange. The name masala bond is the Indian counterpart of the Dim Sum bond applied to Chinese
offshore issues of IFC. Bonds issued inside India by IFC are known as Maharaja Bonds.
November 11: Reserve Bank of India tightened its norms for Non-Banking Financial Companies (NBFCs) by
requiring them to have a much stronger capital base. Failing to which, the NBFCs would lose their CoR
(Certificate of Registration). NBFCs have been given time till March 2017 to comply with the norms.
November 19: Indian Renewable Energy Development Agency Ltd ( IREDA) and US ExportImport (Exim)
Bank signed a Memorandum of Understanding (MoU) with respect to cooperation on clean energy
investment.
State Bank of India (SBI) Mutual Fund (MF) announced that it will launch Shariah Equity Fund on 1
December 2014. The fund is aimed at attracting investments from Muslim populations of India. The fund
has been approved by the All India Muslim Personal Law Board, an authority that oversees the
observance of Muslim civil laws in India.
The Securities and Exchange Board of India (SEBI) directed Foreign Portfolio Investor (FPI) to ensure
compliance with all necessary norms of Foreign Portfolio Investment (FPI) Regulations before issuing
Offshore Derivative Instruments (ODIs) especially participatory notes (P-notes) with immediate effect.
With respect to this SEBI issued the guidelines outlining the details.
Reserve Bank of India (RBI) decided to sell worth 2000 crore rupees government bonds through Open
Market Operations (OMOs) to squeeze the liquidity in the market.
The Reserve Bank of India on 27 November 2014 issued Guidelines for Licensing of Small Finance Banks in
the Private Sector. As per the issued guidelines, the minimum paid-up equity capital for small finance
banks shall be 100 crore rupees.
Reserve Bank of India (RBI) released guidelines for Licensing of Payments Banks. These guidelines will
allow mobile firms and supermarket chains, among others, to enter the banking arena to cater to
individuals and small businesses.
The objectives of payments banks will be to further financial inclusion by providing small savings accounts
and payments or remittance services to migrant labour workforce, low income households, small
businesses, other unorganized sector entities and other users.
The Reserve Bank of India (RBI) eased gold imports and scrapped 20:80 scheme. The decision to withdraw
the 20:80 scheme will cut smuggling of gold and raise legal shipments into India. In 2013, the 20:80
scheme was introduced to bring down inbound shipments, sliding rupee and to combat a huge current
account deficit (CAD) along with a hike in import duty to 10 percent.
Union Cabinet approved proposal to amend Foreign Direct Investment (FDI) policy in construction and
real estate sectors.
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India-Saudi agreed to cooperate in areas of strategic reserves, petrochemical conservation, refineries and
energy efficiency programmes. The areas include strategic reserves, petrochemical conservation, research
and development, refineries and energy efficiency programmes.
Telecom giant SoftBank announced to make an investment of 10 billion US dollars in India's IT and
Communications sector in coming years. SoftBank is aiming at telecom space and e-commerce sector in
India.
The Union Finance Ministry scrapped the current selection process for the posts of Chairman and
Managing Director (CMD) and Executive Director (ED) of Public Sector Banks (PSBs).
The Kamarajar Port Ltd (KPL) on 28 October 2014 announced to set up a Free Trade and Warehousing
Zone (FTWZ) on 100 acres, adjacent to its premises.
The Union Finance Ministry on 27 October 2014 cancelled the current selection process for the posts of
CMD and Executive Director (ED) of Public Sector Banks (PSBs)
World Bank report titled, India Development Update that claims India's GDP to grow by 5.6 percent in
Current Fiscal Year.
The Union Government launched a dedicated website for Pradhan Mantri Jan-Dhan Yojana available both
in English and Hindi versions. The website, www.pmjdy.gov.inwas launched by Secretary, Department of
Financial Services (DFS), GS Sandhu in New Delhi.
RBI signed a pact with the Central Bank of Kenya for Supervisory Cooperation and Exchange of
Supervisory Information.
Union Government for the first time decided to import potatoes to augment domestic availability and
check rising prices of the kitchen staple.
India's exports increased 2.73 percent in September 2014 worth of 28.90 billion US dollar from 28.13
billion US dollar in September2014.
Switzerland agreed to examine Indian requests for banking information on a priority basis and provide
requested details in a time-bound manner.
Union Finance Ministry on 14 October 2014 approved 25 FDI proposals with total investment of 1546
crore rupees.
Union Finance Minister on 12 October 2014 gave the green signal for the much awaited reforms in the
monetary policy framework.
Consumer Price Index (CPI) inflation or retail inflation of September 2014 stood at 6.46 percent as
compared to the 7.3 percent in August 2014.
JP Morgan on 10 October 2014 cut its India GDP growth projection for 2014-15 to 5.1 percent from 5.3
percent.
Data released by Railway Ministry said that during April to September 2014, Railways revenue earnings
have gone up by over 12 percent.
Shipping Corporation of India Limited launched India Myanmar Service (IMS) Container service. The
service will link South and East India to Myanmar via Chennai, Krishnapatnam, Yangoon, Colombo port
rotation.
The Department of Industrial Policy and Promotion (DIPP) in first week of October 2014 approved 33
defence proposals. Of these 33 proposals, 19 are related to the foreign direct investment that aims to
boost the manufacturing in defence sector.
The Reserve Bank of India released fourth Bi-Monthly Monetary Policy Statement. Policy rates were kept
unchanged in this announcement.
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State Bank of India (SBI) and Japan Bank for International Cooperation (JBIC) signed a dual-currency loan
agreement to set up an export credit line.
Note: The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU) amounting to 13.5 billion
Japanese Yen ($135 million) and $21 million approximately.
Financial sector giant Nippon Life said it will partner Anil Ambani-led Reliance Group for a proposed
Reliance Bank and launched two India-focussed funds for Japanese investors.
Note: The two funds will direct investments by Japanese retail investors into Indian equity and bond
markets.
RBI has issued amendments to Basel 3 norms. It has allowed banks to issue additional Tier 1 capital
instruments. The RBI said that banks must have a provision of Point of Non-Viability (PONV) for every nonequity instrument.
United Bank of India declared debt-ridden Kingfisher Airlines and its owner Vijay Mallya as wilful
defaulters.
Axis Bank which is India's third largest private bank has been featured in Forbes Asia's FAB 50 list of 2014.
Note: This is the fourth time that Axis Bank has been featured and is amongst the only two banks in this
renowned list.
The RBI has issued directions to The Choundeshwari Sahakari Bank Ltd. of Kolhapur, Maharashtra that will
require the bank to seek prior approval for its banking business.
The Reserve Bank of India will adopt a common recruitment system from next year to tap talent for its
core functions.
The Reserve Bank of India decided to fix the maximum age for Managing Directors and Chief Executive
Officers in private sector banks at 70.
State Bank of India, SBI, celebrated 150 years of its operations in Sri Lanka
The Reserve Bank of India (RBI) proposed to segregate the post of Chairman and Managing Director
(CMD) of Public Sector Undertaking (PSU) banks.
Note:
i. At present, the post of CMD in PSU banks is vested with one person only.
ii. The only exception among the PSU banks is State Bank of India where the top position is commanded
by the chairman and there are four managing directors with clearly defined executive roles.
With the objective of addressing sanitation related health concerns, the Urban Development Ministry and
the Bill & Milinda Gates Foundation have agreed on a partnership to promote user friendly toilets to
ensure universal sanitation in the country.
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Coca-Cola India has launched its zero sugar soft drink Coca-Cola Zero in line with its strategy to make
India its fifth largest market by 2020.
Google India announced to launch a nationwide contest to develop a mobile app for Prime Ministers
office (PMO). The contest will be held in collaboration with the citizen engagement platform of the
government, MyGoV.
Private sector bank ICICI Bank launched a savings account for minors above 10 years of age with the name
Smart star.
Global rating agency Moody 2014 released a report titled Indian Banks Could Need 26-37 billion US dollar
in External Capital for Basel III Compliance.
RBI released Gopalakrishna Committee report on Capacity Building in banks and non-banks. The
committee has recommended a 360-degree feedback for a transparent and comprehensive performance
assessment exercise, one that ensures adequate performance differentiation between employees.
State Bank of India (SBI) and Industrial Credit and Investment Corporation of India (ICICI) allowed kids to
operate bank accounts independently. SBI had launched new accounts Pehla Kadam and Pehli Udaan for
kids. Now, ICICI Bank has launched Smart Stars account and Federal Bank Limited has Young Champ
Account for minors.
State Bank of India (SBI), the countrys largest lender announced that it has signed a Line of Credit (LoC) of
500 million dollar with Export-Import Bank of Korea (Korea Eximbank).
Seeking to expand Asian operations, Qatar-based Doha Bank will acquire the Indian operations of the
HSBC Bank Oman.
RBI announced fourth Bi-Monthly Monetary Policy Statement and keept key rates unchanged.
September 30: The Reserve Bank of India, RBI, relaxed Know Your Customer, KYC norms by allowing selfcertification of documents for opening bank accounts.
National News:
Union Government constituted a high-level committee in order to allay apprehension of data sharing by
various government agencies with NATGRID.
The President of India Pranab Mukherjee on 30 December 2014 appointed the Governors of Mizoram,
Uttarakhand and Meghalaya.
Government of India rechristened the Department of Disability Affairs as Department of Empowerment of
Persons with Disabilities.
The Sample Registration Survey released its Statistical Report 2013, the fertility rate is falling faster than
expected.
Union Government launched Madan Mohan Malviya National Mission on Teachers and Teaching at
Banaras Hindu University, Varanasi.
Union Ministry of Health and Family Welfare on 25 December 2014 launched Mission Indradhanush to
achieve full immunization coverage for all children by 2020.
The 13th edition of PBD will mark the 100th year of Mahatma Gandhis return to India from South Africa.
PBD is an event which celebrates the achievements of Indians living abroad.
NSSO released Situation Assessment Survey of Agricultural Households. The survey focused on a common
perception regarding agriculture how it generates just 15 per cent of Indias GDP (2012-13 data)
despite rural areas houses 68.8 per cent of the total population (2011 Census).
Union Home Ministry on 19 December 2014 issued guidelines to step up security in Schools in the wake of
attack on an Army-run school in Peshawar.
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Union Government introduced the Constitution (122nd Amendment) Bill, 2014 in the Lok Sabha on 19
December 2014 to facilitate the introduction of the GST regime in India.
Union government was on 17 December 2014 directed by the Supreme Court to not appoint the Chief
Vigilance Commissioner without its approval.
Union Government decided to grant five year visa to members of the minority communities from
Pakistan, Afghanistan and Bangladesh.
Union Government brought 52 new drugs under National Pharmaceutical Pricing Authority (NPPA) control
to keep check on prices of essential medicines.
The Ministry decided to remove Section 309 of IPC after 20th Law Commission recommended to
decriminalize attempt to suicide.
Union Government of India and Apparel Training & Development Centre signed a MoU for employment
oriented training to youths.
Ministry of Railways inaugurated Wi-Fi broadband services in New Delhi railway station.
The Supreme Court directed the Centre to complete prosecution of black money hoarders abroad under
the Income Tax Act by 31 March 2015.
The birthday of the former Prime Minister Atal Bihari Vajpayee on the 25 December will be observed as
National Good Governance Day.
The 123 Alternative Investment Funds (AIFs) have been registered with the Securities and Exchange Board
of India (SEBI) since July 201.
Union government announced 28000 crore rupees package for laying new rail lines in North-East
Maruti Suzuki launched a new version of Automatic car called Alto K10. The Alto k10 at 3.80 lakh rupees is
the cheapest automatic car in India.
Former Prime Minister of India Manmohan Singh received the Japans top national award The Grand
Cordon of the Order of the Paulownia Flowers 2014.
Indian Navy announced to commemorate the 1000th anniversary of the coronation of ancient Tamil King
Rajendra Chola with a series of activities. Tamil Nadu Governor K Rosaiah would flag off the ship from the
Chennai Port Trust premises to Nagapattinam. It will symbolize the achievements of the Chola Navy.
The Union Government announced series of measures to help rejuvenate the shipping industry in Goa
and development of the Mormugao port.
Union Government on 30 October 2014 announced to amend the Lokpal and Lokayuktas Act, 2013 and to
include the Leader of Opposition.
Supreme Court of India said that a minority government can be formed in Delhi with outside support of a
political outfit.
Union Government announced compensation of 5 lakh rupees for kin of 3325 people who were killed
during the 1984 anti-Sikh riots.
Union Government submitted a list of 627 Indians holding black money abroad in a sealed cover.
Union Ministry of Tribal Affairs on 28 October 2014 launched Vanbandhu Kalyan Yojana (VKY) for welfare
of Tribal people. The scheme was launched on pilot basis in one block each of the States of Andhra
Pradesh, Madhya Pradesh, Himachal Pradesh, Telangana, Orissa, Jharkhand, Chhattisgarh, Rajasthan,
Maharashtra and Gujarat.
Union Ministry of Health and Family Welfare on 28 October 2014 announced TB-Mission 2020 to
eliminate Tuberculosis (TB) from India. The announcement was made at WHO's Global TB Symposium
titled Moving out of the box to end global TB epidemic: with post-2015 strategy while addressing the
45th Union World Conference on Lung Health at Barcelona.
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Supreme Court on 28 October 2014 rapped the Union Government and Lieutenant Governor of Delhi
Najeeb Jung over delay in Delhi Government formation.
The Union Government on 27 October 2014 disclosed names of black money account holders in an
affidavit to Supreme Court. The affidavit was filed after the union government was attacked by political
rivals that it was cautious of revealing names.
Union Defence Ministry on 25 October 2014 cleared the deal worth 8000 crore rupees to buy anti tank
missiles from Israel.
Union Ministry of Corporate Affairs (MCA) on 24 October 2014 announced that donations to the Swach
Bharat Kosh and the Clean Ganga Fund are now part of corporate social responsibility (CSR) spends by
India Inc.
Union government de-regulated the price of diesel and hiked in domestically produced natural gas. This is
the first reduction in diesel rates from 2009. The diesel price was reduced by 2 rupees a litre to 30.86
rupees in January 2009.After the deregulation of diesel, the rates of diesel will bring down rates by 3.37
rupees per litre.
The union cabinet approved an inter-governmental Memorandum of Understanding with Iran to upgrade
the Chabahar port Phase-I.
Union Government on 19 October 2014 decided to re-launch the modified Direct Benefit Transfer (DBT)
scheme in an effective manner. The implementation of DBT will be made on a mission mode between 10
November 2014 and 1 January 2015 in 54 districts.
The Union Government on 19 October 2014 started a three-day training programme for Ebola caregivers
in Delhi.
Union Government on 18 October 2014 launched Jammu Kashmir Arogya Gram Yojna in Jammu and
Kashmir. The scheme aims to encourage farmers in J&K to cultivate scientifically tested and commercially
beneficial aromatic and medicinal plants in the state.
The Union Cabinet chaired by the Prime Minister Narendra Modi on 18 October 2014 approved the
Ahmedabad Metro Rail Project Phase-1.
Department of Personnel and Training (DoPT) under the Union Ministry of Personnel, Public Grievances
and Pensions on 16 October 2014 amended the selection procedure for the post of Chief of Central
Vigilance Commission (CVC).
Union government on 16 October 2014 launched Deendayal Upadhyay Shramev Jayate Karyakram.
Union Ministry of S&T launched a Joint Indo-Canadian Science Programme Focusing on Clean Water
Technologies on 15 October 2014. India and Canada signed a Memorandum of Understanding (MoU)
regarding the joint cooperation in areas of science and technologies between the two countries.
The Union Ministry of H&FW on 14 October 2014 banned the import of animals tested cosmetics in India.
Union Ministry of Science & Technology launched The Maithreyi International Visiting Professorship.
Prime Minister Narendra Modi launched Saansad Adarsh Gram Yojana (SAGY) on the birth anniversary of
Lok Nayak Jai Prakash Narayan on 11 October 2014.
Union Ministry of Urban Development (MoUD) on 10 October 2014 constituted 17-member Committee
to decongest roads of New Delhi.
Union Health Minister Dr Harsh Vardhan on 10 October 2014 launched the National Mental Health Policy
of India. It was the first ever Mental Health Policy of India which was launched on the occasion of first
ever National Mental Health Day organized by the Union government. The National Mental Health Policy
has been prepared on the basis of the recommendations made by the Policy Group on Mental Health
constituted by the Union Government in April 2011.
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The Post Sachar Evaluation Committee headed by Prof. Amitabh Kundu submitted its final report to the
Union Minister for Minority Affairs Najma Heptullah on 9 October 2014.
The Department of Industrial Policy & Promotion (DIPP) on 9 October 2014 constituted a special
management team to facilitate and fast track investment proposals from Japan. The team was named as
Japan Plus.
Union Government on 8 October 2014 decided to sell LED bulbs to households at 10 rupees against the
market price of 400 rupees. In this regard, Union Power Ministry launched a business model enabling the
sale of LED bulbs to households at 10 rupees against the market price of 400 rupees.
Union Government launched Pashmina Promotion Programme (P-3) at Pashmina Dehairing Plant, Leh.
The Union Government on 7 October 2014 launched a website attendance.gov.in. The move is aimed at
increasing transparency and accountability. The government launched the attendance system as part of
its Digital India programme.
Union Ministry of Culture on 6 October 2014 launched year-long birth centenary celebrations of Ghazal
singer Begum Akhtar whose original name was Akhtar Bai Faizabadi.
Union Petroleum Ministry on 3 October 2014 set up a Panel headed by B.N.Talukar to inquire into the
reasons for delay in developing gas discoveries in ONGC's Krishna Godavari basin KG-D5 block.
Union Government launched Swachhta Udyami Yojana Swachhta Se Sampannta ki Aur of National Safai
Karamcharis Finance and Development Corporation. The scheme was launched by the Minister of State
for Social Justice and Empowerment, Sudarshan Bhagat on 2 October 2014.
Prime Minister Narendra Modi on 2 October 2014 launched Swachh Bharat (Clean India) campaign in New
Delhi. The Swachh Bharat campaign was launched on the occasion of 145th birth anniversary of Mahatma
Gandhi and is aimed at making India clean by 2019, i.e. 150th birth anniversary of Mahatma Gandhi.
Union Ministry of New and Renewable Energy signed an MoU on 1 October 2014 for setting first-ever
Offshore Wind Power Project in India along the Gujarat coast.
India will get USD 35 bn from Japan over the next five years for Developmental projects, including building
of smart cities and next generation infrastructure
Congress has secured chairmanship of five Parliamentary Standing Committees after failing to get the
Leader of the Opposition post in the Lok Sabha.
Note: Its members M. Veerappa Moily, Shashi Tharoor and P. Bhattacharya will now head the important
committees on Finance, External Affairs and Home respectively.
India has slipped to 71st position, in an annual global competitivenesslist, where Switzerland remains on
top.
Indias largest software services firm Tata Consultancy Services (TCS said the tenure of its Chief Executive
Officer and MD N. Chandrasekaran has been extended by five years to October 2019.
The government has set-up a seven-member, H.R. Khan Committee to examine the un-claimed amount in
PPF, Post Office and Savings Schemes.
Karnataka became the first State in the country to launch a Health Adalat.
The new capital of Andhra Pradesh will be located in the Vijayawada region. Hyderabad will serve as the
shared capital of Telangana and Andhra Pradesh for another 10 years until 2024.
The Chief of Naval Staff Admiral R.K. Dhowan dedicated INS Sumitra, one of the biggest surveillance ship
of the Indian Naval Force at Chennai.
Indo-Nepal 14-day long joint military exercise Surya Kiran-VII concluded at Pithoragarh. The exercise was
seventh in the series.
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The emergency management services provider GVK EMRI has signed a memorandum of understanding
with National Trauma Research Institute, Australia to improve emergency trauma care services in the
country.
The Government has constituted a four-member high-level committee under the Chairmanship of former
Cabinet Secretary T.S.R. Subramanian to review various environment laws in order to bring them in line
with current requirements.
The Union Cabinet gave its approval for implementing a comprehensive Telecom Development Plan for
the North-Eastern Region. The proposal entails an estimated cost of over Rs. 5,336 crore.
India successfully test-fired indigenously developed nuclear-capable surface-to-surface Agni-I missile from
Wheeler Island off Odisha coast. It has a striking range of 700 to 1250 km.
The Supreme Court ruled 3 percent quota for disabled persons in all government jobs.
India and Vietnam inked seven pacts, including one to enhance cooperation in the strategic oil sector, as
they called for freedom of navigation in the South China Sea.
Government of Kerala will host a Global Agro meet and an exhibition on hi-tech agriculture and food
processing at Kochi on 6th and 7th of November.
Scientist Raghunath Anant Mashelkar, former director general of the CSIR has been named the chair of an
expert panel to recommend best technologies for Prime Minister Narendra Modi's "Swachh Bharat"
national sanitation campaign.
Goa Chief Minister, Mr Manohar Parrikar launched clean Goa Beautiful Goa campaign on Miramar Beach
Panaji.
Note: Dustbins will be placed at every 100 meters interval; garbage will be collected from all beaches
where it will be segregated into different parts such as biodegradable and non bio-degradable.
Public service broadcaster Doordarshan is celebrated its 55 years. Doordarshan made a modest beginning
in India on 15th September 1959.
Union Human Resource Development Ministry announced to fund Swachh Vidyalaya campaign.
The government launched an electronic toll collection (ETC) programme in the country under the brand
name "FASTag".
Note: The ministry has roped in ICICI bank and Axis bank for the purpose.
The first Industrial Park under the Memorandum of Understanding signed between India and China will be
set up in Vadodara district.
A 28-year-old Indian architect has been named young leader of tomorrow byTime magazine for his
pioneering work in designing affordable floodproof houses for slum dwellers.
Government has sanctioned 2717 crore rupees for a period of 10 years to develop the Nalanda University.
The Uttar Pradesh government decided to open Nirbhaya Centers in all districts of the state. These
Nirbhaya Centers will provide prompt help to the victims of crime against women and also facilitate
lodging of FIRs.
Hindi film 'Liar's Dice', a road drama starring Geetanjali Thapa and Nawazuddin Siddiqui in lead roles, has
been selected as India's official entry to the best foreign film category at the Oscar 2015 awards.
The 13th edition of the Pravasi Bharatiya Divas, the world's largest annual gathering of the Indian
diaspora, will be held in Gujarat capital Gandhinagar in January next year to mark 100 years of Mahatma
Gandhi's return to India from South Africa.
Search giant Google launched a new social campaign in association with Bollywood actor-director Farhan
Akhtars initiative MARD, to increase internet literacy among women in the country.
India created space history by successfully placing its low-cost Mars spacecraft in orbit around the Red
Planet in its very first attempt, catapulting the country into an elite club of three nations.
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Prime Minister Narendra Modi launched his pet Make in India campaign to put India prominently on the
global manufacturing map and, in turn, facilitate the inflow of new technology and capital, while creating
millions of jobs.
Prime Minister Narendra Modi in the international community, the southern University System of
Louisiana in United States has decided to confer an honorary doctorate degree for his work in the field of
inclusive growth.
Prime Minister Narendra Modi has approved 12 million dollars assistance to United Nations to fight Ebola
virus in Africa.
Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells Amul brand of milk products ranked
15th among the top dairy organisations in the world in the International Farm Comparison Network (IFCN)
a global dairyknowledge organization.
Union Government Deen Dayal Upadhyaya Antyodaya Yojana for urban and rural poor. The Yojana aims
at alleviating urban and rural poverty through enhancement of livelihood opportunities through skill
development and other means.
Nation remembered Shaeed-e-Azam Bhagat Singh on his 107th birth anniversary.
Prime Minister Narendra Modi has invited New Jersey Governor Chris Christie to visit India with a trade
mission.
The Bombay High Court directed the Union Government to strictly implement the ban on manufacture of
national flags made from plastic.
Government will soon launch Universal Health Assurance Mission to provide affordable health services to
people. Under the mission about 50 essential drugs with a diagnostic package and 30 AYUSH drugs will be
made available to all citizens at government hospitals and health centers across the country.
The 10th edition of annual Indo-US joint military exercise is on at Ranikhet in Uttarakhand. It is focused on
counter-insurgency and counter-terrorism operations in mountainous terrain in United Nations peace
keeping scenario.
The Andhra Pradesh (AP) Government signed the Memorandum of Understanding (MoU) agreement with
Google India for Digital AP project.
GLOBE-TROT
10
Venezuela entered recession with economic growth shrinking for the first three quarters of 2014.
UNSC rejected a resolution demanding an end to the Israeli occupation of the Palestinian territories
within three years, i.e. 2017.
Greece Parliament failed to elect the President in the third and final round of voting held leading to
dissolution of the Parliament.
First Municipal Elections in 60 years held in Myanmar
-The ballot for the YCDC was the first chance for the residents of Yangon, the biggest city of Myanmar, to
vote under the countrys quasi-civilian government which replaced outright military rule in 2011.
Russia and four other ex-Soviet nations, viz., Belarus, Kazakhstan, Armenia and Kyrgyzstan finalised the
creation of Eurasian Economic Union.
Ukrainian Parliament, Rada, on 24 December 2014 overwhelmingly adopted a bill that enables the
country to join North Atlantic Treaty Organisation (NATO).
China and Nepal signed an agreement to expand the use of their currencies for border trade.
Taiwan on 23 December 2014 launched its largest ever missile warship named Tuo Chiang, a 500-tonne
corvette missile.
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11
The US President signed annual defence budget NDA 2015 that sets overall defence spending at 578
billion US dollars.
Constitutional court of South Korea on 19 December 2014 ordered the dissolution of leftist Unified
Progressive party (UPP) accused of pro-North Korea activities.
The US President Barack Obama on 18 December 2014 signed Ukraine Freedom Support Bill, 2014 passed
by the US Congress making it into an Act.
UNSC renewed its authorization for humanitarian aid to Syria for 12 months without Syrias government
consent.
Japanese Prime Minister Shinzo re-elected for another four year term Ebola fighters collectively were
named as the TIMEs Person of the Year 2014 on 10 December 2014 by the TIMEs magazine for their
tireless acts of courage and mercy.
Google announced to shut down its news linking services in Spain India-Russia during the 15th Annual
Summit signed list of 20 documents encompassing the areas of nuclear energy, defence, trade, oil & gas,
health, etc
President of Zimabawe Robert Mugabe sacked Vice-president Joice Mujuru for corruption and plotting to
kill the President.
Bhutan became 181st member of MIGA, agency of World Bank
India and Russia signed an Inter-Governmental Agreement for designing, developing and producing the
Multi Role Fighter Aircraft.
India and Japan decided to cooperate in the fields of cyber security and green ICT (information and
communication technology).
Chinese and Maldives government signed a Memorandum of Understanding for a preliminary study of a
proposed bridge connecting the international airport to Maldives capital Male.
Pakistan Prime Minister Nawaz Sharif on 29 November 2014 inaugurated China-Pakistan Economic
Corridor project in Hazara that will pass through Pakistan-occupied Kashmir (PoK).
Beijing banned smoking in all indoor public spaces like workplaces and public transport vehicles.
United Nations (UN) chief Ban Ki-moon launched a global campaign in Kenya to end the deadly practice of
female genital mutilation.
World Trade Center of US re-opened its new tower for business after the original tower were destroyed in
the 9/11 terrorist attack after 13 years.
Mauritius conveyed to Indian government that it is ready to support its Special Investigation Team (SIT) to
unearth black money Israels Parliament passed law to block the release of Palestinian prisoners
convicted for murder in any future, peace negotiations.
The global benchmark, Brent crude oil, dropped 1.96 US dollar from 84.78 US dollars per barrel to 82.82
US dollars per barrel
The Republican Party of United won the control of the Senate in the US mid-term elections 2014 after
defeating the Democrats.
Indonesia announced to support the establishment of Chinese-led Asian Infrastructure Investment Bank
(AIIB)
The Union Cabinet gave its approval for signing a treaty on transfer of sentenced
persons between India and Nigeria.
India and Russia agreed to constitute a joint study group for trade between India and Customs Union of
Belarus, Kazakhstan and Russia.
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China developed a highly accurate homemade laser defence weapon system capable of shooting down
small-scale drones flying at low attitude.
OECD was released Economic Outlook 2014 and stated that Global GDP growth is projected to reach a 3.3
percent rate in 2014.
India and Bhutan signed a Memorandum of Understanding (MoU) to develop Nalanda University in Bihar
as an international centre of excellence.
China on lifted ban on social networking websites like Face book, Twitter for reporters.
Long Range Surface-to-Air Missile (LRSAM) Barak 8 missile, the missile codeveloped by India and Israel.
India and UK announced Newton-Bhabha Fund to scale up their bilateral research & innovation
relationship to a greater level.
India and the US agreed to resolve their differences over public stockholding for food security and opened
path for TFA of WTO.
India and Republic of Korea signed an A Memorandum of Understanding (MoU) to facilitate technical
cooperation in Railway sector between the two countries.
China will play host to the Group of Twenty (G20) Summit of the emerging economies in 2016. The
decision was announced by Australian PM Tony Abbott India and Australia signed five pacts on social
security, transfer of sentenced prisoners, combating narcotics trade, tourism, and Arts and Culture.
India and Fiji signed three agreements to strengthen bilateral relations
The Union Cabinet chaired by the Prime Minister Narendra approved the signing of three SAARC
agreements.
India and Nepal signed 10 pacts (five Agreements and five MoUs) during Prime Minister Narendra Modi
visit to Nepal.
18th SAARC Summit concluded in Kathmandu, Nepal with Kathmandu Declaration. 19th Summit of SAARC
will be held at Islamabad, Pakistan in 2016.
India and Mozambique signed a MoU for cooperation in Oil and Gas sector for a period of five years.
Seven Indian sailors who were held in captivity by the Somali pirates off the coast of Somalia for four
years were released in Harardhere.
President of Burkina Faso Blaise Compaore on 31 October 2014 announced to resign following violent
protests over his attempt to extend his 27-year rule.
China in October 2014 overtook the US to become the worlds largest economy in Purchasing Power
Parity (PPP) terms.
Deeper integration for peace and prosperity was chosen as the theme for the upcoming 18th SAARC
Summit to be held in Kathmandu on 30 October 2014.
India voted against the provisions of UN draft resolution asking all those countries that have not joined
the NPT to accede to it as non-nuclear weapon states.
Protestors on 30 October 2014 set ablaze Parliament of Burkina Faso against vote to allow President
another term.
Sweden on 30 October 2014 became the first European Union (EU) country to officially recognise the
State of Palestine.
Nizami was on 29 October 2014 sentenced to death by Bangladesh war crimes tribunal.
India on 29 October 2014 was re-elected to United Nations Economic and Social Council (ECOSOC).
World Bank on 29 October 2014 released the Doing Business 2015: GoingBeyond Efficiency Report.
Taiwan banned its government officials from higher studies in mainland China for national security
reasons.
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The General Assembly of Association of Asian Election Authorities (AAEA) on 29 October 2014 elected
Election Commission of India (ECI) as Chair of the organization for the next two years.
World Economic Forum (WEF) on 28 October 2014 released the Global Gender Gap Report 2014. The
2014 report provides Gender Gap scores for 142 countries compared to 136 countries included in 2013
report.In the Report, India with a score of 0.646 has been ranked 114. In 2013, India was
ranked 101 out of 136 countries.
India and Vietnam on 28 October 2014 signed seven Memoranda of Understandings (MoUs) in New Delhi.
The MoUs were signed during the visit of Vietnamese PM Nguyen Tan Dung in India.
India on 28 October 2014 announced to modernise defence forces of Vietnam. During the visit of the
Vietnamese Prime Minister Nguyen Tan Dung, Prime Minister of India Narendra Modi gave a commitment
to modernise Vietnams defence and security forces.
Brazilian incumbent President Dilma Rousseff was re-elected for her second four-year term on 26 October
2014. She belongs to the center-left Workers Party and her second term will finish in December 2018.
A former mushroom and poultry farmer Leah Kalanguka was crowned as Miss Uganda 2014 on 26
October 2014. Leah Kalanguka topped the contest by beating 19 other finalists after the competition that
was designed to promote agriculture in the east African nation.
India along with 20 other countries on 23 October 2014 signed an agreement to become the founding
member of the China-backed Asian Infrastructure Investment Bank (AIIB).
India and Nepal on 21 October 2014 signed a Power Trade Agreement (PTA) that allows exchange of
electricity between the two countries. The agreement opened up new vistas of cooperation between
India and Nepal in power sector.
India on 21 October 2014 was re-elected to the United Nations Human Rights Council (UNHRC) for the
period of 2015 to 2017. India was re-elected after it received the highest, 162 votes in the Asia Pacific
group in the election that was held in the UN General Assembly in New York.
The World Health Organisation (WHO) on 20 October 2014 declared Nigeria as Ebola free country. It was
declared Ebola free after no new cases were reported within the 42 day period stipulated by the WHO for
a country to be declared Ebola free.
Joko Widodo on 20 October 2014 was sworn in as seventh president of Indonesia.
Minister of Economy, Trade and Industry of Japan Yuko Obuchi on 20 October 2014 resigned from her
position.
Parliament of Australia on 19 October 2014 lifted ban on facial coverings including burqas and niqabs in
Public areas.
UNSC urged the international community to step up their support for the Iraqi government in intensifying
their battle against ISIS fighters.
Egypt on 18 October 2014 signed contracts with six international firms to carry out dredging of the new
Suez Canal.
Nigeria on 17 October 2014 sealed a deal with the militant group Boko Haram to free the girls.
The Chief of Defence Staff of Nigeria Alex Badeh announced the truce. However, Boko Haram has not
made any public statement.
India and China have agreed to step up engagements between their militaries by setting up hotlines
between the Army headquarters. The two sides have also agreed to establish new border meeting posts
to address incidents of incursions in Ladakh area that occurred in September 2014.
Venezuela, Angola, Malaysia, New Zealand and Spain on 16 October 2014 were elected as non-permanent
members of United Nations Security Council (UNSC).
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India and United Kingdom (UK) signed a Memorandum of Understanding (MoU) on Culture Cooperation
over next five years on 15 October 2014. The MoU was signed by the Minister of State for Culture Shripad
Naik and Sajid Javed, Secretary, Department of Culture, Media and Sport of United Kingdom.
India and Norway on 14 October 2014 signed 13 agreements to promote bilateral relations. These include
agreement between Defense sectors of two countries and an agreement on exemption of visa
requirement for holders of diplomatic and Official passports.
India on 12 October 2014 pledged 4 million US dollar aid for reconstruction of Gaza Strip that was
destroyed during the Palestine and Israel conflict which started in June 2014. The decision was
announced by Sandeep Kumar, Joint Secretary of West Asia and North Africa, Ministry of External Affairs
of India.
India and the UK government launched UK-India Financial Partnership to strengthen Links between the
Financial Services Industries.
ATSB released Flight Path Analysis Update on lost Malaysian plane MH370 revealing that it spiralled into
Southern Indian Ocean after its fuel ran out.
World Bank (WB) group on 9 October 2014 launched Global Infrastructure Facility (GIF) in partnership
with private institutional investors.
An Italian court in Busto Arsizio on 9 October 2014 acquitted Giuseppe Orsi and Bruno Spagnolini of
corruption charges in the 3600 crore rupees VVIP chopper deal with India.
China on 8 October 2014 announced that it will launch a new constellation of marine surveillance
satellites by 2019. The satellites will monitor ships, oil rigs and marine disasters. It aimed to amidst a
string of raging maritime disputes with its neighbours.
World Bank on 6 October 2014 released South Asia Economic Focus report. According to the report, the
regions economy will expand by 6 percent in 2015 and by 6.4 percent in 2016 as compared to 5.4 percent
in 2014, potentially making it the second fastest growing region in the world after East Asia and the
Pacific.
The Mauritian parliament was dissolved on 6 October 2014 to pave the way for elections that could lead
to changes in the country's constitution. The parliament was dissolved as the ruling Labour party wants to
split powers between the presidents (Now a largely ceremonial position) and the Prime Minister and this
split requires certain changes in the Constitution.
Britain and Ireland on 6 October 2014 inked a Memorandum of Understanding (MoU) on new joint Visa
cooperation. The agreement was signed at the Irish Embassy in London by UK home secretary Theresa
May and Irish Justice Minister Frances Fitzgerald.
Pakistan recorded the highest number of polio cases in 14 years. This was revealed by the data of polio
cases released by the National Institute of Health of Pakistan on 3 October 2014.
A two-day international seminar on 'Blue Economy' begins in Dhaka to discuss better ways to explore the
resources of the Bay of Bengal.
Prime Minister Narendra Modi inaugurated the TCS Japan Technology andCulture Academy in Japan. The
TCS Japan Technology and Culture Academy is a Joint Venture of Tata Consultancy Services and Mitsubishi
Corporation and the aim of establishing this academy is to enhance the technological and cultural
knowledge between Indian and Japanese IT professionals.
Israel on announced to take over West Bank land. The area will be named as Gevaot. The land portion is
located south of Bethlehem.
Australian Prime Minister Tony Abbott launched the 'New Colombo Plan' at the Mumbai University during
his two-day India visit.
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Note: The New Colombo Plan is a concept of collective inter-governmental efforts to strengthen the
economic and social development of member countries in the AsiaPacific region.
September 5: India and Australia inked three more pacts, which are as follows:
i. MOU on cooperation in Sport
ii. Renewal of MOU on cooperation in the field of Water Resources Management
iii. MoU on Cooperation in Technical Vocational Education and Training (TVET)
Wales hosted the largest gathering of international leaders ever to take place in Britain at the NATO
summit on 4 to 5 September 2014.
India and Australia signed a pact on civil nuclear energy deal. This inking of the pact on civil nuclear energy
deal has opened decks for the sale of Australian uranium to India.
China North Atlantic Treaty Organisation (NATO) Summit 2014 was held in Wales, UK from 4 to 5
September 2014. This was the first summit held in the United Kingdom since Margaret Thatcher
welcomed NATO leaders to London in 1990.
External Affairs Minister Sushma Swaraj inaugurated the first ever India Investment meet in Bahrain
capital Manama.
India and Germany agreed to prepare a roadmap for cooperation in skill development, solid waste
management and cleaning of rivers when Foreign Minister of Germany Frank Walter Steinmeier visited
India.
International Olympic Committee (IOC) and Interpol (International Police agency) have increased their
collaboration to combat match-fixing and illegal betting.
The Bill and Melinda Gates Foundation has pledged 50 million US dollars to support emergency efforts to
contain West Africa's Ebola epidemic.
September 16: Hollywood star Arnold Schwarzenegger arrived amidst tight security at the Chennai airport
to attend the audio launch of Vikram-starrer I.
The International Day for the preservation of the Ozone Layer was observed on 16 September 2014. The
theme for 2014 is Ozone Layer Protection: The Mission Goes On.
The G-20 Labour and Employment Ministerial meet was held at Melbourne, Australia.
It has been a tradition with visiting Chinese leaders to meet the family of Dr. Dwarkanath Kotnis and
President Xi Jinping followed it by meeting the sister of the famed physician and recalling the fine
representative who gave his precious life in China.
Nepal sought technical cooperation from India for extending Provident Fund (PF) in organised and
unorganised sectors in that countrySeptember 22: International Film Festival India 2014 will be held at
Goa.
The G-4 Foreign Ministers of India, Brazil, Germany and Japan met in New York on the margins of the 69th
Session of the United Nations General Assembly to exchange views on Security Council reform.
UN Climate Change Summit 2014 was held at UN headquarters in New York on 23 September 2014 to put
the planet on course towards reversing global warming.
The US government will pay more than $500 million to the Native American Navajo tribe in the US
southwest, ending decades-old disputes over use of their land, officials said.
Former British Prime Minister Tony Blair was named one of the top "gay icons" of the last thirty years in
recognition of his work for gay rights.
Pakistan test fired the Hatf IX -short range surface-to-surface missile.
Sri Lanka has won the backing of 22 nations in its battle against the UN's war crimes probe into the
country's human rights record during its brutal civil war.
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UN High Commissioner for Refugees has said that the number of people seeking refugee status in
developed nations has gone up by 24 percent in the first half of 2014.
Volcano Mount Ontake in Japan erupted on 27 September 2014 killing more than 30 people and injuring
as many people.
TAGLINES OF BANKS
Public Sector Banks in India:
[1] State Bank Group ------ Pure banking nothing else; With you all the way
[2] Allahabad Bank ------ A tradition of trust
[3] Andhra Bank ----- Where India Banks
[4] Bank of Baroda ------- Indias international bank
[5] Bank of India ------ Relationships beyond banking
[6] Bank of Maharashtra ------- One family one bank
[7] Canara Bank ------ Together We Can
[8] Central Bank of India ------ Central to you since 1911
[9] Corporation Bank ----- Prosperity for All
[10] Dena Bank ------- Trusted Family Bank
[11] IDBI Bank ------ Banking for All
[12] Indian Bank ------- Your tech friendly bank
[13] Indian Overseas Bank ------- Good people to grow with
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28. Shri B. Mahapatra Committee: to review the existing prudential guidelines on restructuring of advances by
banks/financial institutions.
29. Shri Aditya Puri Committee: Dissemination of Credit Information
30. MBN Rao Committee: to prepare the blueprint of Indias first womens bank.
INSURANCE
Insurance Regulatory and Development Authority of India (IRDA) is an autonomous apex statutory body
which regulates and develops the insurance industry in India. It was constituted by a Parliament of India
act called Insurance Regulatory and Development Authority Act, 1999 [2][3] and duly passed by the
Government of India.
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INTERNATIONAL ORGANISATION
1) United Nations Security Council
HEADQUARTER- New York, USA
HEAD- Mahamat Zene Cherif
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ii.
iii.
European Commission
HEADQUARTER- Belgium
PRESIDENT - Jose Manuel Barroso (Portugal)
European Parliament
HEADQUARTER- Belgium
PRESIDENT - Jerzy Buzec (Poland)
24) European Organisation for Nuclear Research or CERN
HEADQUARTER- Geneva, Switzerland
DIRECTOR-GENERAL - Rolf Dieter Heuer (Germany)
25) The Commonwealth
HEADQUARTER- London, UK Head: Queen Elizabeth II
SECRETARY-GENERAL- Kamalesh Sharma (India)
CHAIRPERSON IN OFFICE -Kamla Persad Bissessar (Trinidad and Tobago)
26) Non Aligned Movement
Founded- Belgrade, Serbia
Present HQ- Egypt.
SECRETARY-GENERAL- -Hosni Mubarak (Egypt)
27) South Asian Association for Regional Co-operation
HEADQUARTER- Kathmandu, Nepal
CHAIRMAN- Mahinda Rajapaksa (Sri Lanka)
SECRETARY-GENERAL- - Sheel Kant Sharma (India)
28) Organisation for Economic Co-operation and Development
HEADQUARTER -Paris, France
SECRETARY-GENERAL- -Jose Angel Gurria (Mexico)
29) Organisation of Petroleum Exporting Countries
HEADQUARTER- Vienna, Austria
SECRETARY-GENERAL- Abdallah Salem elBadri (Libya)
30) Amnesty International
HEADQUARTER- London, UK
SECRETARY-GENERAL- Salil Shetty (India)
31) International Red Cross and Red Crescent Movement (earlier known as Red Cross)
HEADQUARTER -Geneva, Switzerland
PRESIDENT: Tadateru Kono (Japan)
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WORK- To support countries of the former Eastern Bloc in the process of establishing their private sectors
10) BIS (Bank of International Settlements)
FOUNDED YEAR- 1930
HEADQUARTER- Basle, Basel
WORK- The bank of all central banks, 60 members
11) EIB (European Investment Bank)
FOUNDED YEAR- 1958
HEADQUARTER- Luxemburg
WORK- Created by European Union member states to provide long-term finance, mainly in the EU
12) IDB (Islamic Development Bank)
FOUNDED YEAR- 1975
HEADQUARTER- Jeddah, Saudi Arabia
WORK- 56 members, established by the Conference of Finance Ministers of Muslim Countries held in
Jeddah
13) SEACEN (South East Asian Central Banks Centre)
FOUNDED YEAR- 1982
HEADQUARTER- Kuala Lumpur, Malaysia
WORK- 19 Asian central banks
14) ECB (European Central Bank)
FOUNDED YEAR- 1998
HEADQUARTER- Frankfurt am Main
WORK- Central bank of 18 EU countries that have adopted the euro
Summits
12TH ASEAN-INDIA SUMMIT
Held in:- Nay Pyi Taw, Myanmar
Held on:- 12 November 2014.
The summit was held on the sidelines of 25th ASEAN Summit. The summit was attended by the Presiden
of Myanmar, Thein Sein, the Prime Minister of India, Narendra Modi and by all Heads of State/
Government of ASEAN Member States.
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BIMSTEC SUMMIT
3rd BIMSTEC summit 2014: Nay Pyi Taw (Myanmar)
4th BIMSTEC summit will be held in Nepal.
HEADQUARTER
New York
FOUNDED
KEY PEOPLE
February 4, 1971
2
NASDAQ
New York
1878
27
Euronext
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Taizo Nishimuro,
Chairman
Atsushi Saito,
President & CEO
Yasuo Tobiyama, MD,
COO & CFO
Tokyo
Amsterdam
Paris
Brussels
The exchange
platform is owned by
the NASDAQ OMX
Group
Dominique Cerutti
(CEO Euronext and
Chairman of the Board
Lisbon
of Euronext)
1801
London
1891
6
Hong Kong
Shanghai
TMX Group
Toronto
Shenzhen
10
Deutsche Bourse
Frankfurt
11
Zurich
12
Australian Securities
Exchange
Sydney
13
Korea Exchange
Seoul
14
28
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1 December 1990
Chen Dongzheng
3 July 1991 (opened) (Chairman) Song
Liping (President and
CEO)
1992
1995
1987
Stockholm
Wayne
Fox (Chairman)
Tom Kloet (CEO)
27 January 2005
1971
Donald Edward
(Chairman) Robert
Exchange
Greifeld (CEO)
15
Madrid
16
BM&F Bovespa
So Paulo
17
JSE Limited
Johannesburg
18
Taipei
2002
Antonio Zoido
(Chairman and CEO)
8 November 1887
Nicky Newton-King
(CEO)
23 October 1961
Lee Sush-der
(Chairman) Michael
Lin (President)
29
Name of the
Stock
Exchange
Year of
Formation
Emerges as the
premier
Indian
1875
stock exchange by
establishing global
benchmarks.
National Stock
Mumbai,
Exchange
of
India
India (NSE)
It is mutuallyowned by a set of
leading financial
institutions, banks,
insurance
companies
and
other
financial 1992
intermediaries in
India
but
its
ownership
and
management
operate
as
separate entities.
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It is the second
largest bourse in 1908
India.
Interconnected
Mumbai,
Stock Exchange India
Ltd.
It is a nationallevel
stock
exchange,
providing trading,
clearing,
1998
settlement,
risk
management and
surveillance
support to its
trading members.
United Stock
Exchange
of Mumbai,
India
India
It is the first
exchange for small 1990
companies.
MCX
Stock Mumbai,
Exchange
India
It is an India-wide
electronic platform
for
trading in
currency futures
under
the
regulatory control 2008
of Securities and
Exchange Board of
India (SEBI) and
Reserve Bank of
India (RBI).
Multi
Commodity
Mumbai,
Exchange
of India
India Ltd (MCX)
It
is
an
independent
commodity
2003
exchange based in
India.
10
Bangalore
The
Bangalore
Stock Exchange
exchange
, India
(BgSE)
managed
30
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stock
is 1963
by a
Council
of
Management,
consisting
of
members
appointed by the
Securities
and
Exchange Board of
India.
Asian Games
The 2014 Asian Games, officially known as the XVII Asiad, is a multi-sport event celebrated in
Incheon, South Korea from September 19 October 4, 2014.
Flag bearer In opening ceremony- Sardar Singh
Host city-Incheon, South Korea
Motto-Diversity Shines Here
Nations participating-45
Athletes participating-13,000 est.
Events-439 in 36 sports
Opening ceremony-September 19
Closing ceremony-October 4
Officially opened by President-Park Geun-hye
Athlete's Oath-Oh Jin-hyek, Nam Hyun-hee
Torch Lighter-Lee Young-ae
Main venue-Incheon Asiad Main Stadium
1
nd
2
31
Country
Gold
Silver
China
South Korea
151
79
108
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Bronze
Total
83
84
342
234
3rd
4th
th
8
Japan
Kazakahistan
India
47
28
11
76
23
10
77
33
36
200
84
57
Gold: Rajat Chauhan, Sandeep Kumar and Abhishek Verma in Compound Men's Team
Silver: Abhishek Verma in Compound Men's Individual
Bronze: 1. Trisha Deb in Compound Women's Individual
2. Purvasha Shende, Jyothi Vennam, Trisha Deb in Women's Compound Team
Gold: 1. Priyanka Pawar, Tintu Luka, Mandeep Kaur and Poovamma Machettira in women
4x400m Relay.
2. Seema Punia in Women's Discus Throw
BADMINTON (1 Bronze)
Bronze: 1. Ashwini Ponnappa, PC Thulasi, Tanvi Uday, Pradnya Gadre, Saina Nehwal, PV Sindhu,
Sikki Reddy in Women's Team
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KABADDI (2 Gold)
ROWING (3 Bronze)
SAILING (1 Bronze)
Bronze: 1. Varsha Gautham and Aishwarya Nedunchezhiyan in 29er Women's Two Person Dinghy
Gold: Saurav Ghosala, Harinder Pal Singh Sandhu, Mahesh Mangaonkar, Kush Kumar
Silver: 1. Saurav Ghosal in Men's Singles
2. Dipika Pallikal, Joshana Chinappa, Anaka Alankamony and Aparajitha Balamurukan in
Women's Team
Bronze: Dipika Pallikal in Women's Singles
SWIMMING (1 Bronze)
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WUSHU (2 Bronze)
Bronze: 1. Narender Grewal in Men's Sanda -60kg 2. Santhoi Devi in Women's Sanda -52kg
Points to remember
Indian boxer L Sarita Devi stunned officials and spectators by refusing to accept the bronze medal, match
held b/w South Korea's Jina Park.
Saurav Ghosal became the first Indian to enter the Asian Games final in Squash
Khushbir Kaur (21-year-old) became the first Indian woman to win a medal in race walking in the Asian
Games
M C Mary Kom became the first Indian woman boxer to clinch a gold medal at the Asian Games.
Dipika Pallikal won bronze medal the first by an Indian woman squash player
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Make in India
Make in India is an international marketing campaigning slogan coined by the Prime Minister of India, Narendra
Modi on 25 September 2014 to attract businesses from around the world to invest and manufacture in India. The
campaign has been concentrated to fulfill the purpose of job creation, enforcement to secondary and tertiary
sector, boosting the national economy, converting the India to a self-reliant country and to give the Indian
economy global recognition.
Objective
The major objective behind this initiative is to focus upon the heavy industries and public enterprises while
generating employment, empowering secondary and tertiary sector and utilizing the human resource present in
India.
The highlights and purpose of Make in India include making India a manufacturing hub and economic
transformation in India while eliminating the unnecessary laws and regulations, making bureaucratic processes
easier and shorter, and make government more transparent, responsive and accountable.
Kisan Vikas Patra
Kisan Vikas Patra is a saving scheme that was announced by the Government of India that doubles the money
invested in eight years and seven months. The Directorate of Small Savings Government of India, sells these saving
bonds through all Post Offices in the country so that the scheme can be accessed by citizens from all over the
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country. A KVP can be encashed after two and a half years from the date of issue at the value it has been bought
and the interest accrued for the period.
The kisan in Kisan Vikas Patra does not mean that only farmers can buy these saving certificates but means that
the revenue mobilized by this scheme will be used by the Government of India in welfare schemes for farmers. Any
individual can safely invest and save their money in the form of Kisan Vikas Patra.
How to Invest
Kisan Vikas Patra can be purchased from any Post Office by filling a form and depositing the amount in cash or by
cheques or demand drafts with the filed form and your photographs. The Post Office will issue a Certificate called
Kisan Vikas Patra with your name, amount, date of maturity and amount on the date of maturity.
Who Can Invest
You can invest in Kisan Vikas Patra if you are a citizen of India and an adult; in your own name, or on behalf of a
minor. A trust is also eligible to invest in KVP. Two adults can jointly buy KVP.
Who is not Eligible
Kisan Vikas Patra is not for business entities such as a company or institutions. NRIs or HUF (Hindu Undivided
Family) are also not eligible to invest in KVP.
Broad features of the new KVP
* Interest: 8.7 per cent.
* Tenure: eight years and four months (100 months).
* Investment doubles in 100 months.
* Minimum lock-in period two years and six months.
Liquidity
* Can be encashed in eight equal monthly instalments after the lock-in period
* Can be transferred to another person by endorsement and delivery
* Can also be given as collateral for loans by banks
* Minimum investment Rs.1,000. Thereafter, in denominations of Rs.5,000, Rs.10,000 and Rs.50,000. There is no
maximum limit.
* Taxability: fully taxable
* Mode of investment: cash or cheque
* Know your customer (KYC) norms: PAN not required but identity/address proof required
* Will be sold initially through post offices across the country, but later through some government-owned banks
also
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'NITI Aayog'
Old Name- Yojana Aayog
NITI stands for National Institution for Transforming India
Chairperson- Prime Minister of India, Shri Narendra Modi
Vice Chairman- Arvind Panagariya, Asian Development Banks Former Chief Economist
Objective - NITI Aayog aims to foster cooperative federalism through structured support initiatives and
mechanisms with the States on a continuous basis, recognizing that strong states make a strong nation.
NITI Aayog will also serve as a Think Tank of the Government and will provide Centre and States with relevant
strategic and technical advice across the spectrum of key elements of policy.
Payments Banks and Small Banks
The Reserve Bank of India (RBI) has set a minimum paid-up capital of Rs.100 crore for those who wish to
set up payments and small banks.
The promoters will have to have an initial minimum capital of at least 40 per cent.
In case the promoters stake is in excess of 40 per cent, it will have to be brought down to 40 per cent
within three years from the date of commencement of business of the bank. This has to be brought
down to 30 per cent within 10 years, and further to 26 per cent within 12 years from the date of
commencement of business.
According to the draft guidelines, existing authorised non-bank pre-paid instrument issuers (PPIs), nonbanking finance companies (NBFCs), corporate BCs (business correspondents), mobile telephone
companies, super market chains, companies, real sector co-operatives 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.
NEW BANKING LICENSE
In April, RBI issued in-principle licences to infrastructure financier IDFC and micro lender Bandhan. These entities
will have to start operations within 18 months from the time they secured the licences.
The approval of licences for IDFC Ltd (IDFC.NS) and Bandhan Financial Services marks the start of a cautious
experiment for a sector dominated by lethargic state lenders, many of which are reluctant to expand into rural
areas or towns where banking penetration is low. No new Indian bank has been formed since Yes Bank (YESB.NS)
in 2004.
AWARDS/HONOURS/WORLD TITLES
Amitabh Bachchan honoured with Yash Chopra Memorial Award, Maharashtra Governor C Vidyasagar
Rao honoured him with the award.
Former Prime Minister Atal Bihari Vajpee and freedom fighter Pandit Madan Mohan Malaviya
(posthumously) will receive Bharat Ratna.
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TVS chairman Venu Srinivasan conferred the title of Honorary Citizen of Busan for his efforts to enhance
friendship and cooperation between India and Korea.
Noted Pakistan-born poetess Imtiaz Dharker was awarded the Queens Gold Medal for Poetry 2014 for
her latest poetry collection Over the Moon.
Miss South Africa Rolene Strauss crowned Miss World 2014 at the pageant's final in London. 2013 winner
Megan Young of the Philippines crowned Strauss.
Playback singer Asha Bhosle was awarded the Lifetime Achievement Award at the 11th Dubai
International Film Festival held in Dubai.
Former Cuban Leader Fidel Alejandro Castro Ruz was awarded the Confucius Peace Prize 2014 for his
important contributions in eliminating nuclear war after his retirement.
Child rights campaigner of India Kailash Satyarthi and Education activist of Pakistan Malala Yousafzai
received the Nobel Peace Prize awards.
Manthan Awards South Asia 2014 was given to 26 social entrepreneurs from South Asia and Asia-Pacific in
recognition of their efforts to improve the lives of people using digital technologies.
Winner
Buddy4study.com A Scholarship
Portal India
e-Community Broadcasting
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Shotz7 India
Environmentmove.com Bangladesh
e-Governance
e-Health
e-Localisation
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Maya.com.bd - Bangladesh
Chairman of Wipro Azim Premji awarded Swiss Ambassador Award for inspirational and socially
responsible leadership.
Indian Prime Minister Narendra Modi was named as the Asian of the Year 2014 by Singapores leading
newspaper The Straits Times.
Film artist of Ireland Duncan Campbell won Turner Prize 2014 for a video that reflects on African art and
includes a dance sequence inspired by Karl Marx.
The President of India Pranab Mukherjee presented the Niryat Shree and Niryat Bandhu Awards for
outstanding performance in exports for the year 2010-11 and 2011-12 in New Delhi.
The Economic Times Awards for Corporate Excellence was announced on 30 November 2014:
Entrepreneur of the Year - Dhiraj Rajaram
Entrepreneur of the Year - Chandra Shekhar Ghosh
In the year 2014, the Foundation is commemorating the 125th Birth Anniversary of Jamnalal Bajaj.
Michael Phelps named Male Athlete of the Year at the 2014 USA Swimming Golden Goggle Awards. He
was crowned with the title for a fifth time.
UNFCCC announced United Nations Lighthouse Activities award 2014 in Bonn, Germany. It named 12
shining examples of climate action.
Lahore-based author Bilal Tanweer won the 2014 Shakti Bhatt First Book Prize for his novel The Scatter
Here Is Too Great (Random House India).
Dilip Vengsarkar received the prestigious BCCI-instituted Colonel C K Nayudu Lifetime achievement award
for his contribution to Indian cricket.
Tamil superstar Rajinikanth was on 20 November 2014 honoured with the centenary award for Indian
Film Personality of the year 2014 at the 45th International Film Festival of India (IFFI).
Chintan won Deutsche Bank Urban Age Award for the year 2014. The award was given for cleaning the
New Delhi railway station.
ISRO will be conferred the Indira Gandhi Prize for Peace, Disarmament and Development for 2014. The
award will be given to ISRO for its contribution in strengthening international cooperation in peaceful use
of outer space.
Neha Gupta was awarded the prestigious International Childrens Peace Prize 2014 by Desmond Tutu in
The Hague.
Veteran classical vocalist Pandit Jasraj was conferred with the Sumitra Charat Ram Award for Lifetime
Achievement.
Gunjan Sarma won the first state bravery award of Assam for saving lives of 10 school children who were
taken hostage by a gunman.
SAIL Chairman CS Verma was conferred with the IIM- JRD Tata Award for Excellence in Corporate
leadership in Metallurgical Industries for the year 2014.
Radio Kashmir Jammu won prestigious Gandhian Philosophy and Public Service Broadcasting award 2014
for its programme Jeevan Rekha.
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Jnanpith Award 2013 was given to eminent Hindi poet Kedarnath Singh for his outstanding contribution
towards Indian literature.
The Darjeeling Zoo or the Padmaja Naidu Himalayan Zoological Park was selected for the prestigious
International Award The Earth Heroes Award 2014.
The President of India Pranab Mukherjee presented the Standing Conference of Public Enterprises
Meritorious Awards at Vigyan Bhawan, New Delhi.
Narinder Batra was awarded the prestigious President's Award by the International Hockey Federation
(FIH) at Morocco.
Manmohan Singh was chosen for Japans top national award The Grand Cordon of the Order of the
Paulownia Flowers 2014.
Malala Yousafzai, Indira Ranamagar and John Wood won the 2014 Worlds Children Prize at a ceremony in
Mariestad near Stockholm.
Sir Nicholas Winton was honoured Czech Republics Order of the White Lion at the age of 105 by the
President of Czech, Milos Zeman.
Ashwika Kapur became first Indian woman to win Wildscreen Panda Award in Best Newcomer category
for her film, Sirocco - how a dud became a stud.
Indian-American student Sahil Doshi won the 2014 Discovery Education 3M Young Scientist Challenge for
his innovative design of an eco-friendly battery.
Malala Yousafzai was conferred with the 2014 Liberty Medal at the National Constitution Centre in
Philadelphia.
Congolese gynecologist Denis Mukwege Mukengere won the prestigious Sakharov human rights prize.
The RBI governor Dr. Raghuram Rajan was conferred with Euromoneys Central Bank Governor of the Year
Award 2014 in Washington.
Indian-origin Singaporean poet and writer KTM Iqbal will be awarded Cultural Medallion, the country's
highest cultural award by the President.
Indian scientist Dr Sanjaya Rajaram received the World Food Prize 2014.
Richard Flanagan won Man Booker Prize for his wartime novel The Narrow Road to the Deep North. The
prize was presented to him by The Duchess of Cornwall.
Noted lyricist Sameer was honoured with the National Kishore Kumar Award for 2012-13 at the legendary
singer's birth place Khandwa in Madhya Pradesh.
Anoop Jain won 2014 Waislitz Global Citizen Award.
Former New York Mayor Michael Bloomberg was bestowed an honorary knighthood from Queen
Elizabeth II.
The President of India presented the Lal Bahadur Shastri National Award 2014 to Dr Apathukatha
Sivathanu Pillai.
Isamu Akasaki, Hiroshi Amano and Shuji Nakamura won the 2014 Nobel Prize for Physics.
The Nobel Assembly decided to award the 2014 Nobel Prize in Physiology or Medicine to John OKeefe,
May-Britt Moser and Edvard I. Moser.
Saiyid Hamid was conferred with Sir Ross Masood Lifetime Achievement Award 2014.
Bollywood actor Shah Rukh Khan received Global Diversity Award 2014 at the Britains House of
Commons.
CSIR announced the Shanti Swarup Bhatnagar Awards 2014 during its 72nd Foundation day celebrations
for 10 scientists in recognition of their work.
The selected awardees in different fields are
Biological Sciences: Dr. Roop Mallik of Tata Institute of Fundamental Research, Mumbai
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Chemical Sciences: Dr. Kavirayani Ramakrishna Prasad of Indian Institute of Science, Bengaluru and Dr.
Souvik Maiti of Institute of Genomics and Integrative Biology (CSIR-IGIB), New Delhi
Earth, Atmosphere, Ocean and Planetary Sciences: Dr. Sachchida Nand Tripathi of Indian Institute of
Technology, Kanpur
Engineering Sciences: Dr. S Venkata Mohan of Indian Institute of Chemical Technology (CSIR-IICT),
Hyderabad and Dr. Soumen Chakrabarti of Indian Institute of Technology, Mumbai
Mathematical Sciences: Dr. Kaushal Kumar Verma of Indian Institute of Science, Bengaluru
Medical Sciences: Dr. Anurag Agrawal of Institute of Genomics and Integrative Biology (CSIR-IGIB), New
Delhi
Physical Sciences: Dr. Pratap Raychaudhuri, Tata Institute of Fundamental Research of Mumbai and Dr.
Sadiqali Abbas Rangwala of Raman Research Institute, Bengaluru
Sukinda Chromite Mine of the Tata Steel in Odisha won the Asian Corporate Social Responsibility (CSR)
Leadership Award.
Former U.S. spy agency contractor Edward Snowden and Alan Rusbridger, editor of The Guardian on 24
September 2014 won Right Livelihood Award.
Cricketers Sachin Tendulkar and Steve Waugh of Australia were selected as Bradman Honouree 2014.
MT Vasudevan Nair was selected for the JC Daniel Award for lifetime achievement for the year 2013.
Geethu Mohandass Hindi-language feature film Liar's Dice on 23 September 2014 was selected for Indias
official entry in the 2015 Oscars Awards
The renowned Hindi author Govind Mishra was conferred the Saraswati Samman for his novel Dhool
Paudhon Par that was published in 2008.
WHO honoured Bangladesh and Timor-Leste with South East Asia Regional Award for Excellence in Public
Health.
Union Ministry for Information & Broadcasting conferred the Bhartendu Harishchandra Awards for the
years 2011 and 2012.
Debut film of Chaitanya Tamhane, Court won best debut award at 71st Venice Film Festival. The film is a
multilingual courtroom drama in narrative style.
Pranab Mukherjee presented the Saakshar Bharat Awards 2014 at International Literacy Day Celebrations.
Dr. Kamal Bawa, Dr. Alfred Oteng-Yeboah and Dr. Bibiana Vila won the 2014 Midori Prize in Biodiversity.
China awarded China Book Award to JNU professor Priyadarsi Mukherji.
Nobel Prize winners 2014
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Best Picture - Viacom 18 Motion Pictures & Rakeysh Omprakash Mehra- BhaagMilkha Bhaag
Best Direction - Rakeysh Omprakash Mehra - Bhaag Milkha Bhaag
Performance in a Leading Role (Male) - Farhan Akhtar - Bhaag Milkha Bhaag
Performance in a Leading Role (Female) - Deepika Padukone - Chennai Express
Performance in a Supporting Role (Male) - Aditya Roy Kapoor - Yeh Jawaani Hai Diwani
Performance in a Supporting Role (Female) - Divya Dutta - Bhaag Milkha Bhaag
Performance in a Comic Role - Arshad Warsi - Jolly LLB
Performance in a Negative Role - Rishi Kapoor -D-Day
Music Direction - Mithoon, Ankit Tiwari,Jeet Ganguly - Aashiqui 2
Best Story - Prasoon Joshi - Bhaag Milkha Bhaag
Lyrics Writer - Mithoon - Song (Tum Hi Ho) - Aashiqui 2
Playback Singer (Male) - Arijit Singh Song (Tum Hi Ho) - Aashiqui 2
Playback Singer (Female) - Shreya Ghoshal- Song (Sunn Raha Hai) Aashiqui2
Best Debutant Male Dhanush Raanjhanaa
Best Debutant Female - Vani Kapoor - Shudh Desi Romance
Outstanding Contribution by An Indian in the US - Drs. Kiran & Pallavi Patel
Entertainer of the year - Deepika Padukone
Outstanding Contribution To International Cinema -John Travolta
Lifetime Achievement - Shatrughan Sinha
Obituary
One of India's greatest Test Captains MS Dhoni has decided to retire from Test Cricket citing the strain of
playing all formats of Cricket.
Ankita Raina won International Tennis Association (ITF) single title in the World Tennis Association circuit
held in Pune.
BCCI issued ban on Indian left-arm spinner Pragyan Ojha from bowling in competitive matches, after his
action was found illegal.
India won gold in World Youth Under-16 Chess Olympiad held in Hungary.
He clocked 49.934 seconds to cover the 1326 metre long ice track in the men's luge competition at the
Spiral Olympic Sliding Centre in Nagano, Japan.
Sachin Tendulkar was appointed as the World Cup 2015 Ambassador announced by the International
Cricket Council (ICC).
The Indian mens Kabaddi team and womens Kabaddi team won Kabaddi World Cup title, by defeating
Pakistan and New Zealand, respectively.
Michael Garcia resigned as Independent Chief Ethic investigator of Federation Internationale de Football
Association (FIFA) Ethics Committee.
Hariom Singh won Gold medal in Mens 50 metre rifle prone event at the 58th National Shooting
Championships held in Pune.
Paul McGinley won Sports Personality Coach of the Year 2014 at the BBC Sports Personality of the Year
awards in Glasgow.
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Rory McIlroy of Ireland on 16 December 2014 was named as the 2014 Race to Dubai European Tour
Golfer of the Year. He won the award for the second time in three seasons. Earlier he won the award in
2012.
The International Boxing Association on 17 December 2014 banned Laishram Sarita Devi for one year for
not accepting her bronze medal at Asian Games 2014 medal ceremony.
Name of mascots of the 2016 Rio Olympic and Paralympics Games were revealed. They have been named
as Vinicius and Tom.
Viswanathan Anand defeated British Grandmaster Michael Adams to win his maiden London Classic title.
The Table Tennis World Grand Finals was held in Bangkok.
Germany won the 2014 Champions Trophy of Hockey after defeating Pakistan by 2-0 margin at the
Kalinga Stadium in Bhubaneswar, Odisha.
Gwlady Nocera of France won Hero Women's Indian Golf Open 2014 at the Delhi Golf Club.
Amos Meindi of Kenya won 29th Pune International full Marathon in Mens category and finished the race
by completing 41.175 km in 2 hours 18 mintues 36 seconds.
Sangakkara achieved the feat of crossing 13000 run during the third match of ODI series with England.
Mohammad Hafeez, the Pakistani cricket all-rounder who bowls offspin suspended from bowling by ICC
due to illegal bowling action.
Indian Blind Cricket team defeated Pakistan to win the fourth edition of the Blind Cricket World Cup
(BCWC) in Cape Town, South Africa.
MRF Limited of India will be the global partner for the ICC Cricket World Cup 2015. The decision was
announced by International Cricket Council.
Eminent Malayalam film director Madhu Kaithapram died in Kozhikode following a brief illness.
Eminent journalist Boobli George Verghese died following a brief illness.
Hollywood actress, Luise Rainer died at her home at London. She was 104.
Noted educationist and former Vice Chancellor of the Aligarh Muslim University Saiyid Hamid died
following a prolonged illness.
Former England batsman Geoff Pullar died at the age of 79.
One of the most admired Indian-American photojournalists, Rajan Devadas died due to cardiac arrest at
the Hebrew Home of Greater Washington.
Veteran British actor David John Ryall died following a brief illness.
Renowned American jazz clarinettist Buddy DeFranco died.
Noted Hindi poet and a litterateur Nand Chaturvedi died.
Malayalam film actor Narayanan Lakshmi (NL) Balakrishnan died.
The oldest litigant in the Babri Masjid case Mohammad Farooq passed away due to old age-related
ailments.
Television, film and stage actor Booth Colman died following a brief illness in Los Angeles.
Legendary soul and rock singer Joe Cocker died in the US state of Colorado following the lung cancer.
G. Venkataswamy a Parliamentarian from Peddapalli constituency of Andhra Pradesh died in Hyderabad,
Telangana.
Actress Billie Whitelaw was died, who was famous for her roles as Mrs Baylock in horror film The Omen.
Veteran Gandhian and freedom fighter Chunibhai Vaidya passed away at Ahmedabad, Gujarat.
Senior Telugu sports journalist Maddineni Babu Rao passed away at Vijayawada, Andhra Pradesh
following a cardiac problem.
Virna Lisi, an acclaimed Italian actress died at the age of 78. Often known as the Italian Marilyn Monroe,
Lisi is now survived by a son, Corrado Pesci.
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The pioneer of home video game console Ralph Henry Baer died in Manchester.
Nandy Singh, the Hockey Olympian who won two Olympic gold medals with the Indian team died in New
Delhi. He was 88.
Nedanuri Krishnamurthy died in Visakhapatnam at the age of 87. He was Veteran Carnatic vocalist.
Belgium's former Queen Fabiola, the widow of the Belgium king Baudouin, died in Brussels.
Justice V. R. Iyer died in Kochi at the age of 100. He was the former Supreme Court Judge and renowned
social activist.
American saxophonist Bobby Keys died in Franklin, Tennessee and he played saxophone for the The
Rolling Stones band.
Former Chief Minister of Maharashtra and a veteran Congressman Abdul Rahman Antulay passed away
following a severe kidney ailment.
The veteran music critic of The Hindu SV Krishnamurthy passed away on 30 November 2014 after a brief
illness.
Acclaimed Egyptian novelist and educator Radwa Ashour died on 30 November 2014 in Cairo after a long
battle with cancer.
Veteran comic actor Deven Varma died in Pune after a severe cardiac attack and kidney failure. He was
78.
Former Arunachal Pradesh chief minister Jarbom Gamlin died at a hospital in Gurgaon
Acclaimed theatre personality Veenapani Chawla died after a severe heart attack in Puducherry. She was
67.
The iconic Mexican comedian Roberto Gomez Bolanos, nicknamed as Chespirito died at age 85.
Crime novelist Phyllis Dorothy James died at the age of 94 in Oxford, UK.
Distinguished historian of modern Indias economic and intellectual history Tapan Raychaudhuri died at
his home in Oxford, England. He was 90.
Former Chairman of Union Carbide Corporation Warren M Anderson who was blamed for the 1984
Bhopal gas tragedy died. He was 92.
Veteran Bollywood actor Sadashiv Amrapurkar died in Mumbai following lung infection.
The electrical equipment maker Havells India Limited group chairman Qimat Rai Gupta passed.
Melathu Veettil Raghavan, CMP leader died at the age of 81 due to Parkinsons disease.
Noted scholar and JNU professor Mathias Samuel Soundra Pandian following a sudden heart attack.
Ravi Chopra, director of famous television (TV) show Mahabharata, died in Breach Candy Hospital,
Mumbai.
Veteran sports scribe and President of the Sports Journalists Association of Mumbai Chandrasekhar P Sant
died following a massive heart attack.
Senior Indian National Congress leader and former Odisha Minister of Health & Family Planning Mohan
Nag died at Bhubaneswar.
Veteran Tamil film director Rudraiya Chockalingam died in Chennai following a brief illness.
Sri Lankas oldest hotel doorman, Kuttan died. He served world leaders like Lord Mountbatten, Princess
Elizabeth, Mahatma Gandhi and others.
Oscar award winner Mike Nichols was died at the age of 83
Mathematician Alexander Grothendieck died in France at the age of 86.
Former Union Minister Murli Deora died after a prolonged illness in Mumbai. He is survived by his wife
and two sons, including former MP Milind Deora.
Pulitzer Prize-winning poet Galway Kinnell died in Vermon. He was 87.
Pulitzer Prize-winning poet Galway Kinnell died in Vermont after battling leukaemia.
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Newly elected BJP legislator Govind M Rathod died following a massive heart attack.
South Africa's football captain and goalkeeper Senzo Meyiwa died after being shot at his girlfriends house
in Vosloorus, south of Johannesburg.
Freedom fighter Jagdish Sharan Pande died after prolonged illness in Almora, Uttarakhand. He was 95.
Chief Executive officer (CEO) of Total Christophe de Margerie died in Moscow plane crash.
Iconic fashion designer Oscar de la Renta died at Kent, Connecticut.
British actress and presenter Lynda Bellingham died in London because of colon Cancer.
Well-known Telugu writer and former radio artiste Turaga Janaki Rani died.
American actress Elizabeth Pena died in Los Angeles following a brief illness.
Lok Sabha MP Kapil Krishna Thakur died in Kolkata following a lung failure.
Veteran journalist Madhav Vittal Kamath died following a cardiac arrest.
Russian Stage actor Yuri Lyubimov died in Moscow, Russia.
German author Siegfried Lenz died.
SIS militants beheaded British aid worker, Alan Henning. In the video, the group claimes that his death is
retaliation for UK strikes against the group.
Renowned Telugu filmmaker Sattiraju Lakshminarayana nicknamed Bapu died in Chennai. He passed away
due to a cardiology-related ailment. He was80.
Actor Richard Kiel who played steel-toothed villain role in two James Bond films died at 74.
Freedom fighter and veteran journalist Jitendra Chandra Paul died.
Educationist Kireet Joshi died. He was a former education adviser to the Union government in 1976.
Yoshiko Yamaguchi, the film actress of Japan died due to heart failure. She was 94. She was known as
Rikoran and Shirley Yamaguchi in the US.
Dr. Shakeel Auj, a liberal religious scholar and professor and a dean of Islamic Studies at Karachi University
was shot dead.
Music Maestro Mandolin player Uppalapu Srinivas died.
Former International cricket umpire Mohammad Ghouse died.
Bibi Prakash Kaur, the last surviving real sister of martyr Bhagat Singh died.
Sports Personalities/News
Central Zone won the 2014-15 Duleep Trophy title of cricket by defeating South Zone in the finals played
at Feroz Shah Kotla Ground, Delhi
Hockey India President Narinder Batra became a member of International Hockey Federation (FIH)
Executive Board.
Cricketer Bhuvneshwar Kumar won LG Peoples Choice Award 2014. He is the third Indian player after
Sachin and Dhoni to win the coveted prize.
Mahendra Singh Dhoni is named as the captain of ICC OCI Team of the Year 2014.
Angelo Mathews was named as captain of the ICC Test Team of the Year 2014 by a panel chaired by Anil
Kumble.
Cristiano Ronaldo was presented with 2013-14 European Golden Boot award. He shared the prize with
Luis Suarez, having scored 31 times.
Virat Kohli became the quickest cricketer in the history score 6000 ODI run mark. He overtook legendary
West Indian Vivian Richards' record.
Indian Mens Hockey team won four match series against Australia played at Perth Hockey Stadium
ICC raised World Cup prize money by 20 percent.
Salgaocar FC won Durand Cup emerged as Durand Cup champion for the third time.
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Badminton World Federation (BWF) provisionally suspended Malaysian badminton player and World No.
1 Lee Chong Wei due to an apparent anti-doping regulation violation.
The Indian cricketer Rohit Sharma scored the highest ODI score ever of 264 runs. The score of 264 runs is
also the second-highest List A score.
ICC announced its ambassadors for ICC Cricket World Cup (CWC) 2015. Indias Kohli is among 5 cricketers
selected for the job.
Supreme Court disclosed names N Srinivasan and Gurunath Meiyappan involved in IPL spot fixing probe
done by Mudgal Committee.
Saina Nehwal and Kidambi Srikanth won womens and mens singles title of the China Open Super Series
Premier of Badminton.
Novak Djokovic won this year's ATP World Tour finals after Roger Federer withdrew from the title clash
due to a back injury.
Indian batsman Suresh Raina became co-owner of Hockey India League (HIL) franchise team, Uttar
Pradesh Wizards.
Terry Walsh resigned as Chief Coach of Indian hockey team after his contractual talks with Hockey India
(HI) and the Sports Authority of India (SAI) broke down.
India won the 2014 SAFF Women's Championship at the Jinnah Stadium in Islamabad after defeating
Nepal 6-0.
Lewis Hamilton won the Abu Dhabi Grand Prix at Yas Marina circuit and the Formula 1 racing
championship title of 2014.
Switzerland won its first Davis Cup Tennis title after defeating France by securing three-one lead at Lille
Stade Pierre Mauroy.
Tribal girl from Andaman and Nicobar, Deborah won four Gold Medals in the Track Asia Cup Cycling
Championship 2014.
2010 Commonwealth Games gold-medalist boxer Manoj Kumar received the prestigious Arjuna Award by
Sports Minister Sarbananda Sonowal in New Delhi.
PV Sindhu won 2014 Macau Open Grand Prix Gold Badminton Title by defeating Kim Hyo Min of Korea
Pankaj Advani won IBSF World Billiards Championship in Bangalore.
Sachin Tendulkar and Steve Waugh entered Bradman Hall of Fame at a gala dinner held at the historic
Sydney Cricket Ground.
Serena Williams of the US won the Singles title of BNP Paribas WTA Finals Singapore 2014.
Indian golfer Anirban Lahiri won Venetian Macau Open. This was his second title of the year fifth career
win on the Asian Tour.
Sania Mirza and Cara Black won the doubles title at the BNP Paribas WTA Finals after defeating defending
champions Peng Shuai and Hsieh Su-Wei, 6-1, 6-0.
Para-swimmer Sharath Gayakwad on 26 October 2014 broke the 28-year old record of P T Usha of
winning the most medals at a multi-discipline event by an Indian.
AIBA provisionally suspended Indian boxer Laishram Sarita Devi for protesting against a controversial
verdict, at 2014 Incheon Asian Games.
Pankaj Advani won the World Billiards Point Format Championship by defeating Singapores Peter
Gilchrist, 6-2 at Leeds, United Kingdom.
Terry Walsh, the chief coach of Indian mens hockey team resigned from his post because of a pay dispute
with the Sports Authority of India (SAI).
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Indian batsman Virat Kohli on 19 October 2014 claimed number two slot in the International Cricket
Council (ICC) rankings.
India successfully defended its Sultan of Johor Cup (SOJC) Under-21 Hockey title at Taman Daya Hockey
Stadium, Johor Bohru, Malaysia. In the finals, Indian team defeated Great Britain, 2-1.
India won the 5 match ODI series of Cricket against West Indies, 2-1, after the Caribbean team pulled out
from the remainder of India tour.
Barcelona Football Club player Luis Suarez received the European Golden Boot Award on 16 October
2014.
Union Minister of Social Justice and Empowerment on 13 October 2014 announced that a multi-sport
Paralympic Games will be held in India in February 2015.
MC Mary Kom was chosen as Most Valuable Player of Indias Incheon Asian Games campaign by
contingent sponsors Samsung India.
Indian shuttler, Ajay Jayaram won Dutch Open Grand Prix badminton tournament by defeating
Indonesias Ihsan Maulana Mustofa.
British Formula One (F1) driver Lewis Hamilton won the inaugural Russian Grand Prix of Formula One.
Lewis Hamilton won inaugural Russian Grand Prix.
RCA removed former IPL Commissioner Lalit Modi as its President after a noconfidence resolution
against Lalit Modi was passed in Jaipur.
India will host first leg of Asia Cup Archery Tournament in Delhi in January 2015..
Mahendra Singh Dhoni became the co-owner of the Indian Super League franchise Chennaiyin FC.
USA Swimming suspended Michael Phelps from all competition for six months for violating the
organization's code of conduct.
CSK won CLT20 2014 title of Cricket by defeating KKR by 8 wickets in the final match played at the M
Chinnaswamy Stadium in Bengaluru.
Anita Wlodarczyk of Poland set world record in the womens hammer throw at the Internationales
Stadionfest (ISTAF) Berlin Athletics meet at Berlin's Olympic stadium in Germany.
In Cricket, hosts Zimbabwe defeated Australia by 3 wickets in the fourth match of the tri-nation series.
This is was Zimbabwe's first victory over Australia in 31 years.
Jaipur Pink Panther (JPP) owned by Abhisek Bachchan won the inaugural title of the Star Sports Pro
Kabaddi League by defeating U Mumba at the NSCI Stadium in Mumbai.
Chinas Chen Long won the mens singles titles of the World Badminton Championships.
September 4: Kei Nishikori became the first man from Japan to reach the U.S. Open
semifinals in 96 years, outlasting third-seeded Stan Wawrinka of Switzerland.
Note: The last Japanese semifinalist at the U.S. Open was Ichiya Kumagae in 1918.
September 5: Ritu Rani will lead a 16-member Indian women's hockey team in the
Asian Games.
India's Sania Mirza and her Brazilian teammate Bruno Soares have lifted the Mixed Doubles trophy of the
US Open by defeating the American-Mexican team of Abigail Spears and Santiago Gonzalez.
Croatia's Marin Cilic has won Men's Singles title at the US Open Tennis. Cilic defeated Kei Nishikori of
Japan.
Chitresh Tatha, 12, is the youngest sailor to represent India at the 2014 Asian Games.
Sabine Lisicki won her first WTA title in three years by defeating Karolina Pliskova 7-5, 6-3 in the final of
the Hong Kong Open.
USA won FIBA Basketball World Cup 2014 by defeating Serbia. The World Cup was held at Madrid, Spain.
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AIBA Executive Committee Bureau formally recognised Boxing India as the provisional AIBA National
Federation to represent the sport of boxing in India.
The Olympic Council of Asia (OCA) executive board approved Indonesia as hosts for the 2018 Asian Games
which faces a growing battle to find venues because of the cost.
Li Na, a two-time Grand Slam champion from China who took tennis in Asia to a new level, has retired due
to recurring knee injuries.
New York-listed World Wrestling Entertainment (WWE), along with Ten Sports channel, will invest a little
over $100 million ( Rs 600 crore) in the Indian sporting related entertainment market, according to
sources.
Indian tennis ace Sania Mirza and her Zimbabwean partner Cara Black have bagged the women's doubles
title at the WTA Toray Pacific Open tournament.
Ace Indian shooter Jitu Rai clinched a historic gold in the 50m Pistol and Shweta Chaudhry gave India first
medal by clinching bronze in the Women 10m Air Pistol Finals.
Saurav Ghosal became the first Indian to enter the Asian Games final, beating 2006 champion Ong Beng
Hee.
New Plan/Program
Project Unlearn
Child Rights and You (CRY) launched Project Unlearn with an aim to end child labour and encourage children to go
to school. It was launched on 14 November 2014 on eve of Childrens Day. Project Unlearn is a campaign which will
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help children in labour (28588) across the country to be able to free themselves from shackles of labour, go back to
school and be hopeful of a bright future.
Electronic Toll Collection (ETC) programme
Union Ministry of Road Transport & Highways decided to roll out Electronic Toll Collection (ETC) programme in the
country under the brand name FASTag.
ETC is a programme of electronically making the payment on highway tolls without stopping the vehicle at the toll
plazas.
Characteristic features of the FASTag programme
The vehicles will be provided a unique number of the RFID Tag that should be affixed on the wind shield of the
vehicle.
The RFID Tag on windshield will be read by the readers fitted in the dedicated ETC lanes of plazas, which will
deduct an appropriate amount depending upon the class of vehicle from the account of the user.
The complete process of payment will be automated.
The dedicated ETC lanes will have colour coding for distinct identity recognized as FASTag lanes.
The RFID based FASTag will be provided by ICICI Bank and Axis Bank. They will provide Central Clearing house
(CHH) services through their franchises or agents and at point of sales near the toll plazas.
Road users can enroll and get FASTag affixed on their vehicles at designated toll plaza locations or Point of Sale
(POS) stations of Axis bank and ICICI bank.
Girl Rising: A Global campaign to highlight importance of girls education
Bollywood actresses Priyanka Chopra and Freida Pinto launched a multi-level global campaign, Girl Rising in New
Delhi. The campaign aims at spreading awareness about importance of girls education and includes documentary
film featuring the two stars and seven other actresses. Priyanka and Freida are part of the global feature, which
also co-stars Oscar-winners Meryl Streep and Anne Hathaway. The Indian version of the documentary that
features top Bollywood actresses tells stories of nine unforgettable girls around the world striving against difficult
circumstances to achieve their dreams of an education. The girl rising campaign aims to create awareness and
create a tangible platform to affect change.
Digital India Programme
Union Cabinet launched the Digital India Programme. The programme is worth 1 lakh crore rupees and seeks to
transform the Indian economy into a digitally empowered knowledge economy.
The Digital India programme is a transformed version of the already running National e-Governance Plan. The
programme will be implemented in phases from 2014 till 2018.
Aim of the Programme
The project aims to provide thrust to nine growth areas. These are: broadband highways, everywhere mobile
connectivity, Public Internet Access Programme, e-Governance, e-Kranti (which aims to give electronic delivery of
services), information for all, electronics manufacturing, IT for Jobs and early harvest programmes. Projects
included in the program aim to ensure that government services are available to citizens electronically and people
get benefit of the latest information and communication technology.
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54
Narendra Modi
2 Home Affairs
Rajnath Singh
Sushma Swaraj
Arun Jaitley
M. Venkaiah Naidu
7 Defence
Manohar Parrikar
8 Railways
Suresh Prabhu
D.V. Sadananda
Gowda
Uma Bharati
11 Minority Affairs
Ramvilas Paswan
Kalraj Mishra
Ananthkumar
18 Civil Aviation
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Anant Geete
21 Mines, Steel
Chaudhary Birender
Singh
23 Tribal Affairs
Jual Oram
24 Agriculture
Santosh Kumar
Gangwar
Bandaru Dattatreya
Dharmendra Pradhan
Sarbananda Sonowal
Prakash Javadekar
10
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Piyush Goyal
Nirmala Sitharaman
Ministers of State
56
3 Home Affairs
Haribhai Parthibhai
Chaudhary
5 Agriculture
Mohanbhai
Kalyanjibhai Kundariya
Giriraj Singh
Hansraj Gangaram
Ahir
G.M. Siddeshwara
9 Railways
Manoj Sinha
10 Panchayati Raj
Nihalchand
Upendra Kushwaha
Radhakrishnan P.
13 Home Affairs
Kiren Rijiju
Krishan Pal
15 Agriculture
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16 Tribal Affairs
Manuskhbhai
Dhanjibhai Vasava
Raosaheb Dadarao
Danve
18 Mines, Steel
19 Rural Development
Sudarshan Bhagat
Y.S. Chowdary
22 Finance
Jayant Sinha
Col. Rajyavardhan
Singh Rathore
Vijay Sampla
IMPORTANT DAYS
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January 1
January 15
January 23
January 26
January 26
January 28
January 28
January 30
-----------------------------------------------------------------
January
Global Family Day
Army Day
Netaji Subhash Chandra Bose's birth anniversary
Republic Day
International Customs day
Birth anniversary of Lala Lajpat Rai
Data Protection Day
World Leprosy Eradication Day
February 4
February 5
February 6
February 12
---------------------------------
February
World Cancer Day
Kashmir Day
International Day against Female Genital Mutilation
Darwin Day
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February 12
February 14
February 20
February 21
February 22
February 23
March 4
March 8
March 13
March 13
March 15
March 20
March 20
March 21
March 21
March 21
March 22
March 23
March 24
March 24
March 25
March 27
---------------------------------------------------------------------------------------------------------------------------------
April 2
April 7
April 17
April 18
April 22
April 23
April 25
April 29
-----------------------------------------------------------------
April
World Austism Awareness Day
World Health Day
World Haemophilia Day
World heritage Day
Earth Day
World Book and Copyright Day
World Malaria Day
International Dance Day
May 1
May 3
May 4
May 8
May 9
May 11
May 12
May 14
May 15
May 17
May 21
May 31
-------------------------------------------------------------------------------------------------
May
International Labour day
Press Freedom Day
Coal Miners day
World Red Cross day
Victory Day
National Technology Day
International Nurses day
World Migratory day
International Day of the Family
World Information Society Day
Anti-Terrorism Day
World No Tobacco Day
June 4
June 5
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-------------------------------------------------
-----------------
June
International day of Innocent Children Victims of Aggression
World Environment Day
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June 7
June 8
June 12
June 14
June 17
June 20
June 23
June 23
June 26
June 27
---------------------------------------------------------------------------------
July 1
July 11
July 12
July 18
July 28
July 30
-------------------------------------------------
July
National doctor's Day
World Population Day
Malala Day
Nelson Mandela International Day
World Nature Conservation day
International Day of Friendship
August 3
August 5
August 9
August 12
August 15
August 23
August 29
---------------------------------------------------------
August
Independence Day of Niger
Independence Day of Upper Volta
International day of the World's Indigenous People
International Youth Day
Independence Day (India )
Internatinal Day for the Remembrance of the Slave Trade and its Abolition
National Sports Day ( Birthday of Dhyan Chand )
September 5
September 7
September 8
September 14
September 16
September 21
September 25
September 27
----------------------------------------------------------------
September
Teacher's Day (Dr. Radhakrishnan's Birth Day)
Forgiveness Day
International Literacy Day
Hindi day,World First Aid Day
World Ozone Day
International Day of Peace, World Alzheimer's day
Social Justice Day
World Tourism Day
October 1
October 2
October 3
October 4
October 5
October 8
October 9
October 11
October 12
October 14
October 15
October 16
October 17
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---------------------------------------------------------------------------------------------------------
October
International Day of Older Persons
International day of Non-Violence
World Nature Day, World Habitat Day
World Animal Day
World Teacher's Day
Indian Airforce Day
World Post Day
International Girl Child Day
World Arthritis Day
World Standards Day
World Students Day
World Food day
International Day for the Eradication of Poverty
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October 20
October 24
October 31
-------------------------
November 1
November 5
November 9
November 14
November 16
November 17
November 17
November 18
November 19
November 20
November 21
November 21
November 25
November 26
November 30
------------------------------------------------------------------------------------------------------------------------
November
world vegan Day
World Radiography Day
World Services Day
Children's Day ( Birth Anniversary of Jawaharlal Nehru )
International Day for Endurance
International students Day
National Journalism Day
World Adult Day
World Citizen Day
Universal Children's Day
World Television Day
World Fisheries day
World Non-veg Day
Law Day
Flag Day
December 1
December 2
December 2
December 3
December 3
December 4
December 5
December 7
December 9
December 10
December 10
December 11
December 14
December 18
December 19
December 20
December 29
-----------------------------------------------------------------------------------------------------------------------------------------
December
World AIDS Day
World Computer Literacy Day
International Day for the Abolition of Slavery
International Day of People with Disability
World Conservation Day
Navy Day
International Volunteer Day for Economic and Social Development
International Civil Aviation Day
The International Day Against Corruption
International Day of Broadcasting
Human Rights Day
International Mountain Day
World Energy Day
International Migrants Day
Goa's Liberation Day
International Human Solidarity Day
International Biodiversity Day
ABBREVIATONS
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61
ESCAP : Economic and Social Commission for Asia and the Pacific
FICCI : Federation of Indian Chambers of Commerce and Industry
NCERT: National Council of Education Research and Training
ASEAN : Association of South East Asian Nations
IFTU : International Federation of Trade Unions
WFI : Wrestling Federation of India
CERSAI : Central Registry of Securitisation Asset Reconstruction and Security
DBT: Direct Benefit Transfer
NIIT: National Institute of Information Technology
LIBOR: London Inter Bank Offered Rate
LIBID: London Inter Bank Bid Rate
ECGC: Export Credit Guarantee Corporation of India
SWIFT: Society for Worldwide Interbank Financial Telecommunication
STRIPS: Separate Trading for Registered Interest & Principal Securities
CIBIL: Credit Information Bureau of India Limited
CRISIL: Credit Rating Information Services of India Limited
AMFI: Association of Mutual Funds of India
FCCB: Foreign Currency Convertible Bond
CAC: Capital Account Convertibility
CCEA : Cabinet Committee on Economic Affairs
PMJDY: Pradhan Mantri Jan-Dhan Yojana
ISIS: Islamic State of Iraq and Syria
MCA: Model Concession Agreement
MEDA: Mars Environmental Dynamics Analyzer
CSF : Commonwealth Shooting Federation
NCDEX : National Commodity & Derivatives Exchange Ltd.
CMSA : Chief Minister's Social Assistance
OECD : Organisation for Economic Co-operation and Development
SMAP: Soil Moisture Active Passive
UNSC : United Nations Security Council
ICHR : Indian Council of Historical Research
DERC : Delhi Electricity Regulatory Commission
NCRDBD : National Centre for Research & Development in Bulk Drugs
NBA : National Basketball Association
NGRBA : National Ganga River Basin Authority
RRTS: Regional Rapid Transit System
ICANN: Internet Corporation for Assigned Names and Numbers
IPDS: Integrated Processing Development Scheme
SNIF: Special National Investment Fund
ABCP - Asset-Backed Commercial Paper
ADA: Advance Deposit Account
AIBEA: All India Bank Employees Association
AIIBOA: All India Indian Bank Officers' Association
CTFS: Child Trust Fund(s)
FIPB : Foreign Investment Promotion Board
ECB : External Commercial Borrowings
IFFI : International Film Festival Of India
KYC - Know Your Customer
LAF - Liquidity Adjustment Facility
LB - Lowest daily outstanding Balance
LCD - Liquid Crystal Display
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