Tuesday, October 30, 2012

General Socio-Economic & Banking Awareness :

1. RBI’s open market operation transactions are carried out with a view to regulate—
(A) Liquidity in the economy
(B) Prices of essential commodities
(C) Inflation
(D) Borrowing power of the banks
(E) All the above

2. When more than one banks are allowing credit facilities to one party in coordination with each
other under a formal arrangement, the arrangement is generally known as—
(A) Participation
(B) Consortium
(C) Syndication
(D) Multiple banking
(E) None of these

3. Open market operations, one of the measures taken by RBI in order to control credit expansion
in the economy means —
(A) Sale or purchase of Govt. securities
(B) Issuance of different types of bonds
(C) Auction of gold
(D) To make available direct finance to borrowers
(E) None of these

4. The bank rate means—
(A) Rate of interest charged by commercial banks from borrowers
(B) Rate of interest at which commercial banks discounted bills of their borrowers
(C) Rate of interest allowed by commercial banks on their deposits
(D) Rate at which RBI purchases or rediscounts bills of exchange of commercial banks
(E) None of these

5. What is an Indian Depository Receipt ?
(A) A deposit account with a Public Sector Bank
(B) A depository account with any of Depositories in India
(C) An instrument in the form of depository receipt created by an Indian depository against
underlying equity shares of the issuing company
(D) An instrument in the form of deposit receipt issued by Indian depositories
(E) None of these

6. An instrument that derives its value from a specified underlying (currency, gold, stocks etc.) is
known as—
(A) Derivative
(B) Securitisation Receipts
(C) Hedge Fund
(D) Factoring
(E) Venture Capital Funding

7. Fiscal deficit is—
(A) total income less Govt. borrowing
(B) total payments less total receipts
(C) total payments less capital receipts
(D) total expenditure less total receipts excluding borrowing
(E) None of these

8. In the Capital Market, the term arbitrage is used with reference to—
(A) purchase of securities to cover the sale
(B) sale of securities to reduce the loss on purchase
(C) simultaneous purchase and sale of securities to make profits from price
(D) variation in different markets
(E) Any of the above

9. Reverse repo means—
(A) Injecting liquidity by the Central Bank of a country through purchase of Govt. securities
(B) Absorption of liquidity from the market by sale of Govt. securities
(C) Balancing liquidity with a view to enhancing economic growth rate
(D) Improving the position of availability of the securities in the market
(E) Any of the above

10. The stance of RBI monetary policy is—
(A) inflation control with adequate liquidity for growth
(B) improving credit quality of the Banks
(C) strengthening credit delivery mechanism
(D) supporting investment demand in the economy
(E) Any of the above

11. Currency Swap is an instrument to manage—
(A) Currency risk
(B) interest rate risk
(C) currency and interest rate risk
(D) cash flows in different currencies
(E) All of the above

12. ‘Sub-prime’ refers to—
(A) lending done by banks at rates below PLR
(B) funds raised by the banks at sub-Libor rates
(C) Group of banks which are not rated as prime banks as per Banker’s Almanac
(D) lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards
(E) All of the above

13. Euro Bond is an instrument—
(A) issued in the European market
(B) issued in Euro Currency
(C) issued in a country other than the country of the currency of the Bond
(D) All of the above
(E) None of these

14. Money Laundering normally involves—
(A) placement of funds
(B) layering of funds
(C) integration of funds
(D) All of (A), (B) and (C)
(E) None of (A), (B) and (C)

15. The IMF and the World Bank were conceived as institutions to—
(A) strengthen international economic co-operation and to help create a more stable and
prosperous
global economy
(B) IMF promotes international monetary cooperation
(C) The World Bank promotes long term economic development and poverty reduction
(D) All of (A), (B) and (C)
(E) None of (A), (B) and (C)

16. Capital Market Regulator is—
(A) RBI
(B) IRDA
(C) NSE
(D) BSE
(E) SEBI

17. In the term BRIC, R stands for—
(A) Romania
(B) Rajithan
(C) Russia
(D) Regulation
(E) None of these

18. FDI refers to—
(A) Fixed Deposit Interest
(B) Fixed Deposit Investment
(C) Foreign Direct Investment
(D) Future Derivative Investment
(E) None of these

19. What is Call Money ?
(A) Money borrowed or lent for a day or over night
(B) Money borrowed for more than one day but upto 3 days
(C) Money borrowed for more than one day but upto 7 days
(D) Money borrowed for more than one day but upto 14 days
(E) None of these

20. Which is the first Indian company to be listed in NASDAQ ?
(A) Reliance
(B) TCS
(C) HCL
(D) Infosys
(E) None of these

21. Which of the following is the Regulator of the credit rating agencies in India ?
(A) RBI
(B) SBI
(C) SIDBI
(D) SEBI
(E) None of these

22. Who is Brand Endorsing Personality of Bank of Baroda ?
(A) Juhi Chawla
(B) Kiran Bedi
(C) Amitabh Bachchan
(D) Kapil Dev
(E) None of these

23. The branding line of Bank of Baroda is—
(A) International Bank of India
(B) India’s International Bank
(C) India’s Multinational Bank
(D) World’s local Bank
(E) None of these

24. The logo of Bank of Baroda is known as—
(A) Sun of Bank of Baroda
(B) Baroda Sun
(C) Bank of Baroda’s Rays
(D) Sunlight of Bank of Baroda
(E) None of these

25. Which of the following statements(s) is/are True about the exports of China which is a close
competitor of India ?
(i) China’s economic success is basically on the fact that it exports cheaper goods to rich nations
like the USA, etc.
(ii) In the year 2007 China’s exports became almost 40% of its GDP.
(iii) When compared to India China’s share in the World Exports is more than 30% whereas
India’s share is mere 6% of the global exports.
(A) Only (i)
(B) Only (ii)
(C) Both (i) and (ii)
(D) All (i), (ii) and (iii)
(E) None of these

ANSWERS:-

1. (E) 2. (B) 3. (A) 4. (D) 5. (C)
6. (C) 7. (D) 8. (C) 9. (A) 10. (E)
11. (D) 12. (D) 13. (C) 14. (D) 15. (D)
16. (E) 17. (C) 18. (C) 19. (A) 20. (D)
21. (D) 22. (E) 23. (B) 24. (B) 25. (C)

Saturday, October 6, 2012

General Awareness For Competitive Exams


IMPORTANT POINTS TO REMEMBER
1. Indian boxer Mary Kom to be conferred Lt Colonel rank.
2. Rajiv Gandhi Jeevandayee Arogya Yojana (health insurance scheme) was launched in Maharashtra
3. Mangalam village became the first village in India where all households were provided banking
facilities, it is situated in Pondicherry
4. M S Dhoni becomes brand ambassador of cricket in Nepal
5. 8 Indian Company in Fortune Global 500 Company. IOC on 83rd place.132 company of USA is in this
list
6. Rawatbhata Atomic Power Station is in Rajasthan.
7. Google’ Buying ‘Meebo’ To Help Social Networking Push
8. Aung San Suu Kyi (Myanmar) Accepts Nobel Peace Prize 21 years late.
9. China won both Thomas cup and Uber Cup of Badminton. Venue of Both were in China.
10. India’s First River-lake link project launched In Bundelkhand
11. Kofi Annan resign as the UN special Envoy to Syria
12. India has allowed foreign direct investment(FDI) from Pakistan.
13. Market regulator Securities and Exchange Board of India (SEBI) granted permission to MCX Stock
Exchange (MCXSX) to operate as a full-fledged stock exchange
14. 11th Pravasi Bharatiya Divas 2013 will be held in Cochin (Kerala). Last meeting was held in Jaipur.
15. Iran has tested Fateh 110 missiles (Range - 300 km).
16. Home Ministry declined permission to three Iranian banks (Eghtesad-e-Novin, Parsian Bank and Bank
Kasargad) to open branches in India.
17. 9th World Hindi Conference will be held in South African city Johannesburg from 22 to 24 of
September this year. The main theme of the conference is “Bhasha Ki Asmita Aur Hindi Ka Vaishvik
Sandarbh”.
18. South Africa’s Nkosazana Dlamini-Zuma became the first woman head of African Union (A.U.)
Commission.
19. State Bird of Delhi-Sparrow
20. States which ban Gutka-MP, Kerela, Maharashtra, Bihar
Rajsthan,Gujrat
21. Russia and India will conduct sixth joint INDRA-2012 antiterrorism military exercises in the Siberian
republic of Buryatia. The last INDRA was held in India in October 2010.
22. Coal India Ltd will be investing Rs 7,500 crore to develop railway infrastructure in Chhattisgarh,
Jharkhand and Odisha.
23. Abhijeet Gupta has won the Sixth Kavala International Chess Tournament in Greece.
24. Sunita Williams became the second woman in history to take command of ISS
25. Mariamma Koshy appointed as the full-time
26. IRCTC introduced Interbank Mobile Payment System
27. Indian Rank in Global Competitiveness Index-59th
28. Bank of India Open in 1st Branch in South Africa
29. India and Singapore will provide list of Black money holders to each other.
30. SBI, Bank of India & PNB will open their Branch in Pakistan
31. RBI punished two foreign banks for Money Laundering – HSBC & Chartered Accountant Banks
32. India won the Nehru Cup Football Cup 2012 Tournament by defeating Cameroon
33. India will not provide more than 3 months mobile connection to the foreign tourists.
34. India & China agreed to set up a joint working group to look their trade and investment
35. RBI issued a guide lines that all the cheques should be cleared in two days
36. Winner Asian Chess Championship 2012 – Parivarjan Negi
37. World Trade Award 2012 – will be held in Gurgaon (India)
38. LIC completed 56 year of its glorious and purposeful existence on 1st Sept. 2012
39. Maruti Suzuki plans to start its new plant in Mehsana in Gujarat
40. Axis Bank launched Happy Ending Home Scheme related to Home Loans
41. According to IBA (Indian Banking Association) guidelines duration of education loans would be
increased 7 – 10 yrs. In special case it would extend to 15 yrs.
42. London became no.1 Fashion City of the world (earlier it was Paris)
43. Bank of India will open’s its first Branch in South Africa
44. ISRO launches its 100th space program named – PSLV 21 form Sri Harikota (Andhra Pradesh)
45. Exchange Traded Fund (ETF): Mutual fund related to Gold
46. India slips 169th in world rankings of Football
47. New Rank of India In World Global Competitiveness Index 2012-13 – 59th (earlier 56)
48. UP govt. launch unemployment allowance scheme
49. ICICI Bank to extend its net banking services through social media platform ‘Facebook’
50. Sachin Pilot commissioned as Lieutenant in Territorial Army
51. ‘Bloomberg Markets’ magazine has included West Bengal Chief Minister Mamta Banerjee in the list
of 50 most influential people in the finance category.
52. ‘Pieta’ the South Koran Film won Golden Lion Venice Top prize
53. Lewis Hamilton became the winner of Italian Grand Prix 2012
54. HSBC agrees to sell banking business in Pakistan
55. 2012 London Paralympics Games conclude in London
56. India’s Virender Singh wins a bronze at the World Deaf Championship at Sofia in Bulgaria
57. US Ambassador and 3 diplomats killed in Benghazi rocket attack (US Ambassador to Libya –
Christopher Evans)
58. India’s ranks 2nd in retail reality investment Momentum Index
59. Fortis Escorts won FICCI Healthcare Excellence Award 2012
60. India, Myanmar & Thailand decided to implement Trilateral Connectivity Project by 2016
61. Smiling Armadillo to be the official Mascot of 2014 FIFA World Cup Brazil
62. UP Government launched the Samajwadi Swasthya Seva in the state
63. Bhakti Kulkarni becomes Goa’s first woman Grandmaster
64. Japan unveils plan to phase out nuclear power by 2030
65. 58th Commonwealth Parliamentarian conference concluded in Colombo (The next conference will
be held in South Africa 2013)
66. Haryana Govt. decides to implement e-pension scheme system
67. Pakistan test fired cruise missile Babur with a range of 700km
68. FICCI Gen. Secretary Rajiv Kumar resigned
69. India offered Telecom Support to Turkmenistan
70. HDFC Bank announced to launch of Credit Card for Teachers
71. Golfer Gaganjeet Bhullar grabbed third Asian tour title
72. India test fired its nuclear capable strategic missile AGNI – IV (range – 4000 km) from a test range of
Odisha Coast
73. Mynamar’s Suu Kyi gets Congress highest honour
74. Chandrika Tarafdar becomes the first Indian to win a medal in Youth World Weightlifting
Championship in Slovakia
75. 9th World Hindi Conference began at Johannesburg (Theme of the conference – “Bhasha Ki Asmita
aur Hindi Ka Vaishvik Sandarbh”)
76. China test New generation inter-continental ballistic missile – Dongfeng – 41 Range- 14,000 km
77. Afghanistan & China to expand bilateral relations
78. Ranbir Kapoor & Priyanka Chopra starrer Hindi film – Barfi
has been nominated for Oscar for next year film category
79. UNAIDS (United Nations Programme on HIV/AIDS) appointed Bollywood actress Aishwarya Rai
Bachchan as International Goodwill Ambassador
80. Mary Kom became the Brand Ambassador of Super Fight League (SPL) Super Fight League promoted
by IPL team Rajasthan Royal’s co-owner – Raj Kundra & Bollywood actor Sanjay Dutt
81. GDP Growth Rate Reduced
1. 12th Five Year Plan reduce growth rate – 9 - 8.2%
2. Standard & Poor reduce growth rate of India for 2012-13 - 6.5 – 5.5%
3. Fitch reduce Growth rate of India for 2012-13 (6.5 – 6%)
4. IMF fix Growth rate of India for 2012 – 6.1% & 2013 – 6.5%
5. ADB reduce growth rate of India – 6.5 – 6.1%
82. FDI Limits
List of Limits in Various
Sectors
Defense 26%
Pension 26%
Insurance 26%
Print Media 26%
Civil Aviation 49%
Public Sec. Banks 49%
Private Sec. Banks 74%
Multi Brand 51%
Tourism 100%
Pharmaceuticals 100%
FM Radio 20%
Telecommunication 74%
IMPORTANT ORGANIZATION AND SUMMIT
1. New Member
• United Nation – Total– 193 (Last– South Sudan)
• WTO – Total– 156 (Last - Russia)
• World bank and IMF – Total– 188 (Last – South Sudan)
• European Union – Total– 27 (Next member will be Croatia in July 2013)
2. Nuclear security summit
2nd Summit 2012(Current) – Seoul (South Korea),
3rd Summit 2014(Next) : Neitherland
3. BRICS summit
Country: Brazil, Russia, India, China, South-Africa.
4th Summit 2012(Current): New Delhi
5th Summit 2013(Next) : South Africa
4. G 8 Summit
38th Summit 2012 :David camp, USA
39th Summit 2013 : United Kingdom
5. G 20 Summit
7th Summit 2012 – Los Kabos, Mexico
8th Summit 2013-St. Petersberg, Russia
6. NAM Summit
16th Non-Aligned Movement Summit- Tehran(Iran)
17th Summit(Next)-In 2015- Venezuela
26-31 August at Attended By(India): Prime Minister
Theme: Lasting Peace through Joint Global Governance.
Country:120,New-Fiji, Azerbaijan
7. SCO Summit
12th Summit 2012-Beijing Attended by:SM Krishna(Forgien Minister)
13th Summit 2013-Kyrgyzstan
8. National youth Festival –
17th-Mangalore (Karnataka)
18th –Patna(12-16) January
9. Nato Summit-Chikago
10. Arab summit 2012 - Baghdad (Iraq)
11. World Economic Forum Summit 2012 Nov- Gurgaon(Haryana)
12. 20th ASEAN Meeting 2012 – Phnom penh, Cambodia
13. 10th BASIC Summit - New Delhi
14. Earth Summit : -Rio de Janeiro
15. United Nation conference on Sustanable Devlopment- Rio de Janeiro
16. World Economic Forum – Davos (Switzerland)
17. World Polio Summit 2012 - New Delhi
18. FM Trilateral Talks(China& India & Russia)-Moscow
19. 11th Energy Efficiency Summit organized by (CII – Confederation of Indian Industries) – Hyderabad
NEW APPOINMENT IN INDIA
1. New Director on the Central Board of Directors of the RBI - Y C Deveshwar
2. New Indian envoy to Israel – Jaideep Sarkar
3. New Indian envoy to Canada – Nirmal Kumar Verma
4. New Secretary Gen. of Rajya Sabha – Shumsher K Sheriff
5. NEW President of Indian Boxing Federation – Abhishek Matoria
6. New Director General of Narcotics Control Bureau – Rajiv Mehta
7. New President of Indian Newspaper Society – Tilak Kumar
8. New Chairman of Audit Bureau of Circulation – Shailesh Gupta
9. New FMC (Forward Markets Commission) Chairman – Ramesh Abhishek
10. New Finance Minister- P Chidambaram(Privious: Home Min.)
11. New Home Minister-Sushil Kumar Shinde(Pri: Power Min.)
12. New Power Minister- Veerappa Moily
13. New Science and Technology Minister-Vayalar Ravi
14. New Economic affairs secretary-Arvind Mayaram
15. New Chief Economic Advisor-Raghuram Rajan
16. New Clearing Corporation of India Ltd (CCIL)Chairperson- Shyamala Gopinath
17. Re-appoint Deputy Governer of RBI: K C Chakrabarty
18. New President of India- Pranab Mukherjee
19. Re-elected Vice President-Hamid Ansari(loss-Jashwant Sing)
20. New CBDT Chairperson- Poonam Kishore Saxena
21. New Union Railway Minister- C.P.Joshi
22. New Aviation Secretary-K N Srivastava
23. New Union Aviation Minister- Ajit Singh
24. New Election Commissioner-S. Nasim Ahmad Zaidi
25. New Chief Election Commissioner-V.S. Sampath
26. New secretary to the Prez of India-Omita Paul
27. Head of Rajiv Gandhi Khel Ratna Award Committee- Rajyavardhan Singh Rathore
28. New CEO of Prasar Bharti – Jawhar Sircar
29. LIC new Chairman-D.K Mehrotra
30. New Navy chief-D.K.Joshi
31. New CMD of Union Bank - D. Sarkar
32. New CMD of Syndicate Bank- M.G. Sanghvi
33. New CMD of Oriental Bank of Commerce- S.L. Bansal
34. New Executive Director of PNB-S. R Bansal
35. New CMD of Tamilnad Mercantile Bank- Nagendra Murthy (Pri-Mr K.T Jagannathan)
36. New Chairman of Indian Medical Association - Dr. Narendra Saini
37. New IBA Chairman-Alok Misra
38. New director of IBPS- Anup Sankar Bhattacharya
39. New Coach of Indian Hockey Team-Jack Nobbs
40. New President of FICCI- R.V. Kanoria
41. New President of International Chamber of Commerce India
42. New Country Director of World Bank for India – Onno Ruhl Harsh Pati Singhania
43. New CMD of GIC – A.K.Roy
44. New CMD of OICL-Dr. A.K. Saxena
45. New Director-General of Indian Coast Guard- M.P. Muralidharan
46. New Chief Justice of India-Altamas Kabir
47. US Ambassador to India - Nancy J Powell
48. New Ambassador to Cambodia – Dinesh K. Patnaik
49. New CM of Karnataka -Jagadish Shettar (Previous: Sadananda Gowda)
50. New Chief Minister of U.P.- Akhilesh Yadav
51. New Chief Minister of Punjab – Prakash Singh Badal
52. New Chief Minister of Goa- Manohar Parikar
53. New Chief Minister of Uttrakhand- Vijay Bahuguna
54. New Chief Minister of Manipur- Okram Ibobi Singh
55. Governor of Andhra Pradesh - E S L Narasimhan (reelect)
56. Governor of Maharashtra - K. Sankaranarayanan (reelect)
57. Governor of Rajasthan-Margaret Alva
58. New Supreme Court Judge- F. M. Ibrahim Kalifulla
59. Next Army chief of India-Lt. General Bikram Singh.
60. New Communication Advisor to the Prime Minister- Pankaj Pachauri
61. President of ASSOCHAM- Mr Rajkumar Dhoot
62. Reelected NASSCOM President-Som Mittal
63. Chairman of NASSCOM-N Chandrasekaran
64. Indian High commissioner to U.K. – Jaimini Bhagwati
65. TRAI Chairman-Rahul Khullar
66. New Deputy Chairman of the Rajya Sabha-PJ Kurien
67. New CII President-Adi Godrej
68. New President of Hockey India- Mariamma Koshy
69. World Bank Chief Economist-Kaushik Basu
NEW APPOINTMENT IN WORLD
1. New President of Russia- Vladimir Putin(3rd Time)
2. New President of Yemen-A.Mansour Hadi
3. New President of Somalia - Hassan Sheikh Mohamud
4. New Secretary General of SAARC-Ahmed Saleem
5. New ISI Director general-Zaheer-ul-Islam
6. Nepal’s Army Chief- Gaurav Shumsher Rana
7. New president of World Bank - Jim Yong Kim (Koreanborn)
8. New President of Germany - Joachim Gauck
9. New President of Malawi - Joyce Banda
10. New President of Libya: Mohammed Magarief
11. New PM of Greece - Antonis Samaras
12. New PM of Pak- Raja Pervez Ashraf.
13. New PM of Syria- Wael al-Halki(Replace: Riyad Hijab)
14. New PM of France-Jean Marc Ayrault
15. New IFC Head – (Indian International Finance Corp.) – Jim Yong Cai
16. New PM of Egypt- Hisham Kandil
17. UN-Arab League envoy for Syria-Lakhdar Brahimi
18. New President of Egypt/ Misra- Mohamed Morsi (Freedam & Jasits Party) bt Ahmad Sarif
19. New President of Serbia- Tomislav Nikolic
20. New President of Maldives - Mohamed Waheed
21. New Pakistan High Commissioner to India - Salman Bashir
22. New CEO of Deutsche Bank-Ravneet Gill
23. New CEO of ICC-David Richardson(Pri-Haroom Largat)(SA)
24. New President of ICC-Alan Issac(N.Z.)(Pr-S.Powar)
25. New Italian Finance Minister-M-Vittorio Grilli
26. New World Bank Chief Economist-Kaushik Basu
27. Prez of the European Council - Herman Van Rompuy (reelected)
28. ICC President-Allan Isaac(NZ)(Privious-Sharad Pawar)
29. New UN mediator in Syria-Lakhdar Brahimi
30. President of Nicaragua - Daniel Ortega (re-elected)
31. President of Guyana - Donald Ramotar
32. New Mauritius President-Rajkeshwur Purryag (Anerood Jugnauth)
33. New President of Mexico-Enrique Pena Nieto(from Dec-
12, Current:Philip Cardelon)
34. New Paragawe President-Fedrico Franco(VP)(Privious who have given resign-Fernando
Armindo(given Resign)
PERSON IN NEWS
1. South Korea Prez: Lee Myung Bak
2. President of Pakistan- Asif Ali Zardari
3. Bhutanese PM- Jigme Y Thinley
4. Syria President-Bashra-al-Assad
5. U.S Defence Secretary -Leon Pnetta
6. Prime Minister of Singapore- Mr. Lee Hsien Loong
7. Mauritius Prime Minister -Navinchandra Ramgoolam
8. South Africa President-Jacob Zuma
9. CMD of Coal India Limted- Mr S. Narsing Rao.
10. Uzbekistan President-Islam Karimov
11. Romania President who gave Resign-Train Basescu
12. Fiji President-Ratu Epeli Nailatikau
13. Afghan Defence Minister Who Resign-Abdul Rahim Wardak
14. US Defence Secretary-Leon Panetta
15. China Finance Minister -Liu Weimin
16. President of Tajikistan-Emomali Rahmon
OBITUARY
1. Ravi Shankar- Music Composer
2. Joy Mukherjee- Film Actor
3. Vilas Rao Deshmukh-Union Science and Technology Minister
4. Mehdi hassan-Ghazal legend
5. Dara Singh-Film Actor
6. Rajesh Khanna- Film Actor
7. Bingu wa Mutharika-Malawi’s President
8. Ahmed Ben Bella- first President of Algeria
9. R.H. Patil- First MG of NSE
10. Mrinal Gore-Social Activist
11. P.M.Rungta-Director of BCCI
12. A.K. Hangal-Film Actor
13. Neil Armstrong-first man to set foot on the moon(From US)
14. Meles Zenawi-Ethopia Prime Minister
15. Verghese Kurien- Founder of white revolution(Amul Milk)
16. Ranganath Misra -Former Chief Justice of India
17. K.S. Sudarshan – Former RSS Chief
18. Brajesh Mishra – First National Security Advisor of India
19. A.M. Govindarasu – Veteran communist leader & Freedom Fighter
20. Dinesh Thakur – Indian theatre director and actor
AWARD
1. Chameli Devi Jain Award- Tushita Mittal
2. Abel Prize: Eedre Szemereredi(Hungry Mathematician)
3. Miss World 2012-Wen xia YU(China)
4. Miss Asia Paisific-Himangini Sing
5. Brand Ambassador of BMW-Sachin Tendulkar
6. Egtek Egale Award(Best Award of Mexico):-R.K.Pachauri
7. RGN Sadbhavana Award-D.R. Mehta
8. Seoul Peace Award-Bank Ki Moon
9. Rajiv Gandhi Khel Ratna award- Vijay Kumar and
Yogeshwar Dutt
10. Dadasaheb Phalke Award 2011 - Soumitra Chatterjee (Bengali actor)
11. Saraswati Samman (2011) - Dr AA Manavalan (Tamil) for his work 'Irama Kathaiyum Iramayakalum'
(Ramakatha and Ramayanas).
12. Moorti Devi Award (2011) - Dr Gulab Kothari for his book “Mein Hi Radha, Mein Hi Krishna”
13. Bihari Puraskar (2011) - Rajasthani poet Dr Arjundeo Charan for his work “Ghar To Ek Naam Hai
Bharose Ro”
14. Vyas Samman (2011) - Hindi writer Ramdarash mishra for his work “aam ke patte”
15. Life time achievement award at 8th Dubai International film festival – A.R. Rahman
16. International Gandhi Award-Dr. Caire Veult & Dr. J.D. Samant
17. World Food Prize- Dr. Daniel Hillel(Israeli Scientist)
18. India who won Magasaysay Award-Kulandeai Francis
19. Indusharma Katha Samman-Pradeep Saurabh(Book- ‘Teesri Tali’)
20. ICC Award 2012
ICC ODI Cricketer of the year-Virat Kohli
ICC Cricketer of the year- Kumar Sangakkara
Emerging Cricketer of the Year-Sunil Narine
21. 59th National Film Award
Best Film: Deool(Marathi) & Byari(Kannad)
Best Actor : Girish Kulkarni
Best Actress : Vidya Balan
22. Best Banker Prize Award – Jammu & Kashmir Bank
23. Castrol Lifetime Achievement Award – Ajit Wadekar
24. Shiksha Ratna Award - AN Purohit
25. SHANTI SWAROOP BHATNAGAR AWARD 2012:
1. Suman Kumar Dhar – Biology
2. Amit Sharma & Rajan – Biotechnology
3. Balsubramaniam – Chemistry
4. Mohan MJ & Plus Sarkar – Maths
5. K Narayana – Medical
6. Siraj Minawala – Physics
26. Ramon Magsaysay Award winners 2012: Kulendei Francis (India) – Community Leadership
SPORTS
• Women’s Hockey- Netherlands bt Argentina
• Men’s Hockey- Germany beat Netherlands
• In Men’s Basketball, US beat Spain to win gold
• Andy Murray(Eng) defeated Roger Federer
(Switzerland) to clinch tennis men’s singles gold
• Mascots for London Olympics were Wenlock and Mandeville.
• Wenlock was mascot for Olympics and Mandeville was mascot for Paralympics.
• Next: Rio de Janeiro, Brazil in 2016
52nd National Open Athletics Championships 2012:
• Venue - Chennai
• Winner - Railways Runner up – Services
U-19 World Cup 2012
• Venue-Australia
• Winner-India ;Runner-Australia
• Man of The Match-Unmukt Chand(Indian Captain)
Azlan Shah cup
• Venue: Malaysia
• Winner-NZ; Runner-Argentina; 3rd Place-India
Thailand Open Grand Prix Single
• Venue-Bangkok; Winner-Saina Nehwal
• Runner-Ratchanok Inathon(thiland)
Indonesia Open Single
• Venue: Jakarta; Winner-Saina Nehwal
• Runner :Li Xuerui(China)
Euro Cup-2012
• Venue- Poland And Ukrain; Winner-Spain; Runner- Italy Cincinnati Masters
• Men Single: Roger Federer bt Novak Djokovic
• Women Single: Li Na bt Angelique Kerber (Germany)
US Open 2012
• Men Single: Andy Murray(Britain) bt Novak Djokovic(Serbia)
• Women Single-Serena Williams bt Victoria Azarenka
• Women Double: Sara Errani and Roberta Vinci(Italy)
French Open
• Men Single: Rafael Nadal(Spain) bt Novak Djokovic(Serbia)
• Men Double-Max Mirnyi(Belarus) and Danial Nestor(Canada)bt Bob and Mike Bryan(USA)
• Women Double: Sara Errani and Roberta Vinci(Italy) bt Maria Kirileko and Nadia Petrova(Russia)
Wimbledon 2012
• Men Singles - Roger Federer bt Andy Murray
• Women Singles - Serena Williams bt Agnieszka Radwanska
• Men Doubles - Jonathan Marray and Frederik Nielsen bt Robert Lindstedt and Horia Tecau
• Women Doubles - Serena Williams and Venus Williams bt Andrea Hlavackova and Lucie Hradecka
BOOKS AND WRITERS
1. “Those were the Day and then-The Life & Times of Lal Krishna Advani”-Mira Govind Advani
2. Turning Points-APJ Abdul Kalam
3. Diamond Dust & Other Stories- Anita Desai
4. My Unforgettable Memories-Mamata Banerjee
5. Mind Positive-Life Positive-S.Joginder Singh
6. Aawan Main Baarahon Maas-Ambika Dutta
7. "Muslim in Indian cities”- Hamid Ansari
8. Ye Jo Hai Pakistan'- Shivendra Kumar Singh
9. What Young India Wants – Chetan Bhagat
10. Joseph Anton - Sulman Rushdie (Autobiography)
11. Turning Points-APJ Abdul Kalam
12. Diamond Dust & Other Stories- Anita Desai
13. My Unforgettable Memories-Mamata Banerjee
ABBREVIATION IN NEWS
1. NCTC - National Counter-Terrorism Centre
2. GAAR - General anti avoidance rule
3. TCS -Tax Collection at Source
4. DTAA – Double Taxation Avoidance Agreement
5. TIEA – Tax Information exchange Agreement
6. EFSF – European Financial Stability Facility
7. NPS – New Pension Scheme
8. MMRCA – Medium Multi Role Combat Aircraft
9. DRDO - Defence Research and Development Organisation
10. GSLV - Geo-Synchronous Launch Vehicle
11. ISRO - Indian Space Research Organisation
12. EEFC - Exchange Earner's Foreign Currency
13. NDMA – National Disaster Management Authority
14. BRICS – Brazil, Russia, India, China and South Africa
15. BASIC – Brazil, South Africa, India and China
16. PPP – Public Private Partnership & Purchasing Power parity
17. MTCR – Missile Technology Control Regim
18. NSG – Nuclear Suppliers Group
19. IAEA – International Atomic Energy Agency
20. CEPA – Comprehensive Economic Partnership Agreement
21. CECA - Comprehensive Economic Cooperation Agreement
22. FIPB – Foreign Investment Promotion board
23. PSLV – Polar Satellite Launch vehicle
24. ICBM – Inter-continental Ballistic missile
25. CCEA – Cabinet Committee on Economic Affairs
26. IDF – Infrastructure Debt Fund
27. CRIS – Comparative Rating Index for Sovereign
28. GRAIL – Gravity Recovery and Interior Laboratory
29. NCHER – National Commission for Higher Education and Research
30. NCHRH - National Commission for Human Resources for Health
31. FII – Foreign Institutional Investor
32. DII – Domestic Institutional Investor
33. GST – Goods and Services Tax
34. DTC – Direct Tax Code
35. MPLADS – MP Local Area Development Scheme
36. FCNRA – Foreign Currency Non Resident account
37. MFI - Micro Finance Institutions
38. MFDC – Micro Finance Development Council
39. TRAI - Telecom Regulatory Authority of India
40. CIC - Central Information Commission
41. BCCI - Board of Control for Cricket in India
42. SAARC - South-Asian Association for Regional Co-operation
43. ASEAN – Association of South East Asian Nation
44. TAPI - Turkmenistan-Aghanistan-Pakistan-India
45. NLD –National League for Democracy
46. MSF – Marginal Standing Facility
47. MIRV - Multiple Independently Targetable Re-entry Vehicle
48. ECBs - External Commercial Borrowings
49. NHRC - National Hu man Rights Commission
50. NEFT - National Electronic Funds Transfer
51. RTGS - Real Time Gross Settlement
52. NIA - National Investigation Agency
53. S&P - Standard and Poor’s
54. RGSSBY- Rajiv Gandhi Shilpi Swasthya Bima Yojana.
55. AMFI- Association of Mutual Fund in India.
56. SRO- Self Regulatory Organisation.
57. TDSAT- Telecom Disputes Settlement and Appellate Tribunal.
58. BTIA -Broad-based Bilateral Trade and Investment Agreement
59. OIC-Organisation of Islamic Cooperation
IMPORTANT ECONOMIC NEWS
1. Current Rate
a. CRR – 4.5%
b.SLR – 23%
c. Repo – 8%
d. MSF– 9%
E. Bank Rate – 9%
F. Reverse Repo– 7%
2. 12th Five Year Plan (2012-17)
• Theme – Faster, sustainable and more inclusive growth
• 9 - 9.5% GDP growth
• 4% agriculture growth
• Literacy rate – 100%
• Extra Power generation capacity – 76000 MW
3. 11th Five year plan recorded 8.2% GDP Growth. Agriculture growth 3.3%
4. Basel norms will be implemented in India from 1 January 2013 to 2018 (in world 2013 to 2019)
5. Govt. of India Approved FDI in Insurance and Pension Sector as 49%.
6. ICICI Bank to extend its net banking services through social media platform ‘Face book’
7. Indian banks would need Rs 3,90,000-5,00,000 crore capital over the next six years in the wake of
Basel III capital regulations announced by the Reserve Bank of India (RBI).
8. Largest home loan provider - State Bank of India (one lakh crore Rs. to 20 lakh families)
9. Top three according to per capita income: - Goa, Delhi, Haryana.
10. Seoul-headquartered Woori Bank has set up its first Indian branch in Chennai.
11. Cheque and Draft is valid for 3 month from 1 April 2012.
12. After SBI and NABARD ownership of National Housing Bank (Now RBI hold 100% share) will be
transferred from RBI to Government
13. Reserve Bank has launched a website explaining ways to detect counterfeit notes. With a tagline
'Pehchano Paise Ki Boli, Kyunki Paisa Bolta Hai',
14. India will help Sri Lanka to establish special economic zone in auto and pharma.
15. India on signed an agreement with Belgium for the modernization of the Indian Railways.
16. Reserve Bank of India(RBI) has allowed Regional Rural Banks (RRBs) to open branches in Tier-II cities
(Population -50,000 to 99,999 as per 2001 census) without taking its permission.
17. India signed Tax Information Exchange Agreement (TIEA) with Monaco in August 2012.
18. Odisha became the First Indian state to commence epayment facility for government employees.
19. E-stamping to be launchd in Delhi 28June of all denominations
20. The Reserve Bank has asked banks to convert the existing ‘no-frills’ accounts into ‘Basic savings bank’
deposit accounts.
21. SAIL will sponsor all medal winners of the London Olympics for the next Olympics to be held in 2016
at Rio De Janeiro (Brazil).
22. Apple has won USD 1 billion in a massive victory over South Korean giant Samsung in a patent case.
23. World Bank Sanctions loan for Rural Livelihoods Project in Bihar
24. The Asian Development Bank (ADB) has offered $150 million loan for the expansion of railway tracks
and improving overall service in the country.
25. Asian Development Bank (ADB) announced to provide
$74.8 million loan to improve road connectivity in the North East states.
26. World Bank approved an 1100 crore rupees loan for Himachal Pradesh to promote green initiatives
and sustainable development.
27. The NSE is now the world's largest bourse in terms of the number of trades in equity segment for the
first six months of 2012
28. India and Pakistan have agreed to allow two banks each from both the countries to set up branches
across the border. The two Indian banks are State Bank of India (SBI) and Bank of India (BoI). And two
Pakistani bank are National Bank of Pakistan and United Bank Ltd.