Thursday, August 29, 2013

sports

SPORTS

1. CRICKET

 i. India lifts Champions Trophy 2013: by defeating England in a rain-hit final in Birmingham. Ravindra Jadeja declared man of the match and Shikhar Dhawan declared man of the tournament

 ii. England to host Cricket World Test Champions in - 2017, ODI World Cup in - 2019

 iii. India will host the: World T20 Cup -2016, World Test Championship 2021, World Cup for the fourth time in 2023

 iv. Australia to host 2019 World Cup and World Twenty20 in 2020

 v. West Indies to host Women's World T20 in 2018 and Under-19 Cricket World Cup in 2022. 

vi. Afghanistan was granted the Associate membership of the ICC, making it the eighth Asian nation and the 38th overall to get the status.

 vii. Rajeev Shukla resigned as Chairman of IPL 

viii. Mumbai Indians won IPL (6) 2013, defeated Chennai Super Kings in final ix. Indian pacer S. Sreesanth, Ajit Chandila and Ankeet Chavan were caught bu Delhi Police in spot-fixing racket in the ongoing Indian Premier League matches

 x. Gurunath Meiyappan, son-in-law of BCCI president N. Srinivasan and CEO of Chennai Super King team was arrested on charges of betting, conspiracy and cheating 

xi. Sachin Tendulkar announced his retirement from Indian Premier League

 xii. Shikhar Dhawan first Indian Cricketer who scored a ton on Test debut as an opener


xiii. Chris Gayle (Royal Challengers Bangalore player) has set a new record for the fastest century in just 30 balls IPL 2013 (T20) 6th edition against Pune Warriors Tennis


2. Wimbledon – 2013

i. Men’s Single: Andy Murray(Britain) defeated Novak Djokovic (Serbia) 

ii. Women’s Single: Marion Bartoli (France) defeated Sabine Lisick (Germany) iii. Men’s Doubles: Bob and Mike Bryan defeated Dodig & M. Melo


3. French Open 2013:

 i. Men’s Single: Rafael Nadal Defeated David Ferrer ii. Women’s Single: Serena Willimas Defeated Maria Sharapova iii. Men’s Doubles: Bob and Mike Bryan Defeated Michael Llodra & Nicolas Mahut iv. Mixed doubles: Frantisek Cermak and Lucie Hradecka defeated Daniel Nestor and Kristina Mladenovic

4. Miami Open 2013

 i. Andy Murray beat David Ferrer ii. Serena Williams beat Maria Sharapova.


5. Italian Open 2013

i. Rafael Nadal beat Roger Federar ii. Serena Williams defeated Victoria Azarenka


6. Madrid Open 2013

 i. Rafael Nadal beat Stanislas Wawrinka ii. . Serena Williams beat Maria Sharapova.


7. Australian Open 2013:

i. Men Single: Novak Djokovic(Serbia) bt Andy Murray(Britain).

 ii. Women Single-Victoria Azarenka bt Li Na( china)

 iii. Men Double: Bob & Mike Byan bt Robin haase & Igor Sijsling.

 iv. Women Double: Sara Errani and Roberta Vinci(Italy) bt Ashlegh Barty and Casey Dellaqua


8. Sudirman Cup

 China defeated South Korea 

9. PV Sindhu won Malaysia Badminton Grand Prix Title Gu Juan of Singapore 

10. Brazil beats Spain to win Confederations Cup 2013

 11. Parimarjan Negi won the Continental Chess Association Open title defeated Bindi Cheng

 12. Ace discus thrower Vikas Gowda clinched the first gold for India in the 20th Asian Athletics Championships in Pune 

13. Chris Martin, the fast Bowler of New Zealand has announced his retirement from all forms of cricket. 

14. K Srikanth clinched defeated Boonsak Ponsana to clinch the Thailand Open Grand Prix Badminton 2013

 15. Sebastian Vettel defeated Ferrari’s Fernando Alonso to win Canadian Grand Prix 

16. 4th Kabaddi World Cup will be held in Punjab in November

 17. BCB (Bangladesh Cricket Board) Former Bangladesh captain Mohammad Ashraful match-fixing charges in Bangladesh Premier League. 

18. Bayern Munich won German Cup 2013 defeated Stuttgart 

19. Ananya Gupta claimed a bronze medal in the World School Chess championship held at Haldikki in Greece

 20. Ragala Venkat Rahul bags three Golds in Asian Youth Weightlifting


21. MS Dhoni becomes first captain to win all ICC trophies


22. Boxer Manjeet Singh won Silver medal at China Open: 

23. Bolt won Jamaican 100 title to reach World Championships


24. Pune host Asian Athletic Championship meet in July 

25. Delhi to host South Asian Junior Table Tennis 

26. India win silver in Archery World Cup: Rajat Chouhan and Manjudha won silver medal at the World Cup (Stage-II) Archery competition in Turkey.

 27. Prasanna new Grand Master : V Vishnu Prasanna celebrated his new Grandmaster status by outwitting seasoned GM Boris Chatalbashev of Bulgaria

 28. Punjab beat Odisha to lift HI Jr. Men's National Ch'ship: 

29. Australia became the third country after Japan and hosts Brazil to reach next summer's World Cup after sealing a dramatic late win against Iraq.

 30. Mahendra Singh Dhoni was named captain of the ICC's Team of the Champions Trophy 

31. Australia (CA) sacked Mickey Arthur and appointed Darren Lehmann as the new coach of the Australian team.

 32. V Vishnu Prasanna celebrated his new Grandmaster status by outwitting seasoned GM Boris Chatalbashev of Bulgaria


33. Somyajeet Ghosh - become the youngest national Table Tennis Champion 

34. Rupesh Shah clinched the 12th Asian Billiards championship title after beating compatriot Alok Kumar in the final

 35. Narayanan Srinath retained his Asian Junior title by defeating J Saranya at the Asian Junior Chess Championship


36. Preeti Beniwal won gold in 2013 Senior National Women's Boxing Championship


37. Winner Asian Chess Championship 2012 – Parivarjan Negi. 

38. Serena Williams named WTA Player of the Year 2012 after winning Wimbledon


39. Grenke Chess Classic Trophy 2013 - Viswanathan Anand (India) after defeating Arkadij Naiditsch (Germany.)


40. ICC Women’s World Cup 2013 - Australia defeated West Indies at Brabourne Stadium in Mumbai

Wednesday, August 28, 2013

AWARDS


  •  1. “Emirates Woman Award” - Vandana Gandhi for excelling and providing innovation in preschool education and leadership, strategy, community service.
  •  2. 21st Century Achievement Award 2013 – UIDAI :The International Data Group (IDG) Computerworld Honours Program, Computerworld Honors Laureate has honored Government of India initiative UIDAI with 21st Century Achievement Award 2013 under the category ‘Economic Development’.
  •  3. 2013 Indian Business Leader of the Year” award: Sanjeev Goenka
  •  4. Yellow Oscar’ award - Indian short film ‘High Power’. This film (made in 2012) is based on the project- affected people of Tarapur Atomic Power Station. Pradeep Indulkar is the producer-director of this film accepted the award
  • 5. Wernher von Braun Memorial Award: APJ Abdul Kalam: The honour is given to recognise excellence in management and leadership in a space-related project
  • . 6. Indian-American Sathwik Karnik Wins National Geographic Bee Contest
  •  7. Indian-American Arvind Mahankali wins Spelling Bee for sixth straight year
  •  8. Nasscom award - Sentinel, developed by MindHelix Technosol Pvt. Ltd., and iFollow, from Aucupa Innovative Solutions, were among the winners of Nasscom's first all-India App Fame Contest to search for mobile tools to aid personal safety of women and to help deal with emergencies.
  •  9. ‘Indian Healthcare Visionary of the Decade’ award - Dr Mukesh Hariawala (Healthcare Economist) for unveiling a unique and novel customized universal health insurance model ‘Womb to Tomb’, concept. 
  • 10. IMPAC Dublin Literary Award - Kevin Barry, for his debut novel, City of Bohane
  •  11. Venezuela journalism prize - Huga Chavez (posthumously) 
  • 12. Walter Scott Prize 2013: Tan Twan Eng (Malaysian author) for his Novel ‘The Garden of Evening Mists’ 
  • 13. Manappuram award - Vinod Rai (Former CAG), under the category of civil servant achieving excellence in public administration. Award was given by Manappuram Finance Limited (MFL).
  •  14. NTR National Literary Award (2013) - Manoj Das (Oriya writer)
  • 15. Man Booker International Prize(2013) - Lydia Davis
  • 16. United Nation's Public Service Award (2013) : Oommen Chandy (Chief Minister of Kerala) for his Mass Contact Programme 
  • 17. Asian Award: Anupam Kher, for his performances in movies like “Silver Linings Playbook“, “Bride & Prejudice“, and “Bend it Like Beckham“.
  • 18. 2013 Pulitzer Prize - Adam Johnson for fiction for his novel “The Orphan Master’s Son
  • 19. Vyas Samman (2011) - Professor Ramdarash Mishra
  •       3. Vyas Samman (2012) - Dr Narendra Kohli “Na bhooto na bhavishyati”
  • 20. Bihari Puraskar (2012) – Hariram Meena for his hindi novel Dhooni Tape Teer
  • 21. Gershwin Prize for Popular Song. Carole King (US singer-songwriter)
  • 22. Jnanpith Award - 2011 - Pratibha Ray
  • 23. Jnanpith Award – 2012 - Ravuri Bharadwaja
  • 24. Dadasaheb Phalke Award 2012– Pran Krishan Sikand
  • 25. Dadasaheb Phalke Award 2011 – Saumitra Chatterjee.
  • 26. Dadasaheb Phalke Academy Awards 2013 - Yash Chopra and Rajesh Khanna
  • 27. Phalke Ratna Award - Asha Bhosle
  • 28. Abel Prize 2013- Pierre Deligne (Belgian Mathematician)
  • 29. Pulitzer Prize 2013 - The New York Times won four Pulitzer Prizes
  • 30. Saraswati Samman (2013) – Sugathakumari, ( the Malayalam poetess for the poetry collection ‘Manalezhuthu’, which means The Writing on the Sand in English
  •  31. Saraswati Samman (2012,) – Rohit Gautam for Bang Bhoomi (conferred by K. K. Birla Foundation)
  • 32. Moorti Devi Award (2012) – Gopichand Narang
  • 33. UNA-USA's Global Leadership Award called (Champion for Global Change Award) - Pakistani activist, Malala Yousafzai
  • 34. Lata Mangeshkar Samman (2013): Singer Hariharan
  • 35. Asom Ratna Award for the year (2012): Indira Goswami (posthumously)
  • 36. Srimanta Shankardeva Award (2008): Sharmila Tagore
  • 37. ISRO Young Scientist Award (2013): Jenita Mary Nongkynrih for her urban information system project in the North East.
  • 38. RedInk Lifetime Achievement Award (2013) - N. Ram(Former Editor-in-Chief of The Hindu) and Kuldip Nayar (veteran author-journalist-activist)
  •  39. Indira Gandhi Prize for Peace, Disarmament and Development 2011- Ella Bhatt (Founder of Sewa)
  •  40. Indira Gandhi Prize for Peace, Disarmament and Development 2012- Ellen Johnson Sirleaf (president of Liberia)
  •  41. National e-Governance award - Madhya Pradesh for 2012-13, for its 'Sparsh Abhiyan' aimed towards the disabled and the aged.
  • 42. Doctorate of Civil Law – President Pranab Mukherjee was conferred an honary degree of Doctorate of Civil Law by the University of Mauritius
  •  43. Jammu and Kashmir won FE India’s Best Bank Award 2012-13.
  •  44. Satellite Hall of Fame - U. R. Rao: Top Indian space scientist has been inducted into the Satellite Hall of Fame t in Washington DC by the Society of Satellite Professionals International, in the US
  • . 45. 'International Refiner of the Year' 2013 - Reliance Industries

Monday, August 12, 2013

new appointments

60. Britain launched a new “super priority” same-day visa service for Indian business travelers and cash-rich frequent flyers. 61. Myanmar President Thein Sein becomes the first leader of his country to visit the White House in nearly half a century.
62. Facebook became a full member of the Global Network Initiative, a non-governmental organisation promoting Internet freedom and privacy rights.
63. Central Detective Training School (CDTS) will be set up in Ghaziabad.
64. Gujarat Chief Minister Narendra Modi inaugurated a Lakulish Yoga University in Ahmedabad has been setup by the Surendranagar-based Life Mission Trust
65. The Union government has given the nod to a proposal to grant the Rajaji National Park in Uttarakhand the status of a tiger reserve. 66. SAARC Film Festival held in Colombo (Sri Lanka): Indian film “Paan Singh Tomar” won the best Feature Film award. The Director of the film, Tigmanshu Dhulia was named the Best Director. Kaushal Oza from India received a Special Jury Award for his documentary “Afterglow”.
67. Mahatma Gandhi National Rural Guarantee Act (MNREGA),2005 ensures 150 days of employment in a drought-affected states.
68. Recently Indian Telecom Sector Became the Second Largest Telephone Network in the World. China has the largest Telephone Network in the World
69. Pakistan successfully test-fired the nuclear-capable Hatf-IV (Shaheen-1) ballistic missile (900 Km range)
70. Russia launched the bio-satellite (BION-M) called orbital Noah's
71. Nitaqat is a programme of the Saudi Labour Ministry to create job opportunities for its nationals by replacing a small percentage of the foreign workforce with Saudi youths.
72. Railway Minister Pawan Kumar Bansal launched Wi-Fi service in Delhi-Howrah Rajdhani Express at the New Delhi railway station.
73. Karnataka has emerged top performer in the country in management of rural drinking water schemes and devolution of powers to panchayat raj institutions (PRIs) in 2012-13 and received an incentive of Rs. 241.1 crore from the Union government.
74. After imposition of sanctions by the U.S. and European Union, Iraq has replaced Iran as the second largest exporter of crude oil to India. Saudi Arabia, however, still remains the largest exporter of crude to India.
75. According to Assocham Gujarat, Odisha and Andhra Pradesh attracted highest private sector investment in India
76. A Nepalese presenter Rabi Lamichhane has set the world record for the longest television talk show “Lord Buddha Was Born in Nepal” by staying on air for 62 hours and 12 minutes
77. United Nations Special Reporter on violence against women, Rashida Manjoo visited India
78. Centre to set up country's 1st geothermal power project in Ladakh
79. E-stamping to be launched in Delhi on 28 June of all denominations.
80. Odisha became the 1st Indian state to commence e-payment facility for government employees.
81. Asia’s first hydro electric power plant is located in - Sivasamudram 82. West Bengal State Govt. has decided to give fixed salary to all Accredited Social Health Activists (ASHA) workers from next financial year.
83. China has unveiled a five point formula to improve relations with India
84. India’s First River-lake link project launched In Bundelkhand
85. India has allowed FDI from Pakistan. 86. Haryana bags ‘Krishi Karman Award’ for highest wheat production. 87. Kerala Govt. Raised Age Limit (18 to 21 ) for Buying and Selling Liquor. 88. Arunachal Pradesh became the First State to Introduce e-GPF. 89. MP leads in growth rate with Gross State Domestic Product for 2012-13 is likely to be 14.28 % and agriculture growth rate about 10.02%. 90. Tripura, Manipur and Meghalaya got their own High Courts. Mr. Justice Abhay Manohar Sapre is the first Chief Justice of the new Manipur High Court, Justice T Meena Kumari has become the first Chief Justice of NEW APPOINTMENTS IN INDIA
1. Sujata Singh – New Foreign Sec. She succeeded Ranjan Mathai 2. Justice P Sathasivam - New CJI(Chief Justice of India). He Succeeded Altamas Kabir’s 3. Avinash Chander - New Defence Research and Development Organisation (DRDO Chief) replaced V. K. Saraswat 4. Infosys appoints Narayana Murthy as Executive Chairman 5. Sunil Soni – New Director General of Bureau of Indian Standards
6. Shashi Kant Sharma - New Comptroller and Auditor General (CAG) of India, replaced Vinod Rai.
7. Kushal Singh - New Chairperson of National Commission for Protection of Child Rights (NCPCR) – 8. Justice Sanjay Kishan Kaul takes oath as new CJ of Punjab & Haryana high court 9. Sudha Sharma: New CBDT chief (Central Board of Direct Taxes). She succeeded Poonam Kishore Saxena 10. K R Kamath Re-Elected as the Chairman of Indian Banks' Association (IBA) 11. SK Roy New Chairman of Life Insurance Corporation 12. Asian Athletics Association') President's - Dahlan Jumaan Al-Hamad New Cabinet Ministers: 1. Mr. Oscar Fernandes - Road and Highways Minister 2. Ms. Girija Vyas - New Housing, Urban Development and Poverty Alleviation Minister. 3. Mr. K.S. Rao - New Textiles Minister 4. Mr. SiS Ram Ola – New Labour and Employment Minister. 5. Mallikarjun Kharge: New Railway Minsiter Ministers of state i. EMS Natchiyappan takes oath as MoS commerce and industry ii. J D Seelam becomes MoS finance iii. Manikrao Gavit gets social justice and empowerment iv. Santosh Chowdhury gets health & family welfare New Governor Appointed in different states: 1. Shriniwas Patil - Sikkim governor 2. K K Paul – Governor of Meghalaya replacing Ranjit Shekhar Mooshahary. Najeeb Jung(Vice Chancellor of Jamai Milia University) –Lieutenant Governor of Delhi 3. Nirbhay Sharma - Governor Arunachal Pradesh 4. Narinder Nath Vohra - Governor of J & K for second term 5. BV Wanchoo: Governor of Goa 6. E S L Narasimhan - Governors of Andhra Pradesh 7. K Sankaranarayanan - Governors of Maharashtra

Thursday, August 8, 2013

ECONOMY UPDATES


CONTINUED.................51. Bank of India opened its 1st Branch in South Africa.52. LIC Housing Finance has launched a new home loan product called “Bhagyalakshmi” for women home seekers.53. The Delhi Metro Rail Corporation (DMRC) will implement the Rs.5,182-crore Kochi Metro Rail project with E.Sreedharan as its Principal Adviser.54. Govt. postponed the implementation of GAAR by two years to April 1, 2016.55. The Indian tea industry has finally breached the 1 billion kg-mark in production. 56. SBI opened its 2nd branch in China (Tianjin), While 1st in Shanghai.57. Gujarat has topped in terms of governance and inclusive growth in Economic Freedom of the States of India 2012' . 58. ICICI Partnered With Aircel to Launch Mobile Banking Service.59. Madhya Pradesh is the first State to fully utilize tourism plans funds. 60. SEBI allowed mutual funds to park 20% in gold deposit schemes. 61. Bharat Heavy Plate & Vessels Ltd. (BHPV) Merged With BHEL. 62. P Chidambaram has launched the Centralized Processing Cell for Tax Deducted at Source (CPC-TDS). 63. Union Govt. announced to spend Rs. 1000 crores in the current financial year to increase rice production in the eastern states. 64. ADB to provide $300 million loan to Chhattisgarh for overhauling roads 65. NSE ranked 12th in the world Stock Exchange List 66. World Bank will provide India $3-5 billion assistance annually over the next four years to help eradicate poverty and improve healthcare mainly in the low-income statesNEXT SECTION8. India ranking in different Indexes: 1. Global Hunger Index- 66 2. Global Peace Index – 141 3. Human Development Report – 136 4. Global Corruption Index – 94 5. Global Competitiveness Index-59th for 2012.9. World Bank Global Forecast:1. 2.3 % global GDP growth in 2012 2. 2.2 % global GDP growth in 2013 earlier projected 2.4% 3. 3.1 % global GDP growth in 2014 4. 3.3 % global GDP growth in 2015 World Bank Forecast GDP growth rate for India: 1. 5.7% in 2013-14 2. 6.5% in 2014-15 3. 6.7% in 2015-1610. IMF Forecast: 1. According to IMF the global economy will expand 3.3 percent this year, less than the 3.5 percent forecast in January 2013. 2. IMF slashed Economic Growth Rate of India to 5.7 percent from 5.9 percent for 2013 and forecast 6.2 percent for 2014 NOTE: Reserve Bank pegged GDP (Gross Domestic Product) growth rate for the current fiscal at 5.7 per cent, significantly lower than the Finance Ministry's forecast of 6.1 to 6.7 per cent for 2013-1411. COMMITTEE IN NEWS: 1. Committee Set Up On Uttarakhand Floods: The committee will be headed by AK Ganju (Chairman, Ganga Flood Control Commission, Patna)2. JS Mathur committee : to revise Newspaper Advertisement Rates. 3. K. Ratna Prabha : Committee on indecent depiction of women in media4. Mukul Mudgal Committee: looking into US giant Walmart's lobbying activities to enter India

Wednesday, August 7, 2013

ECONOMY NEWS

6. ECONOMY NEWS: (INDIA & WORLD)
1. World Bank to provide $84 million Loan to Bihar for Panchayat Strengthening Project 2. The State Bank of Travancore launched a new service for its customers - doorstep banking. Customers who opt for this service have to just ring up the bank and inform it that money has to be deposited and soon the bank's vehicle along with its staff will arrive at the doorstep to collect the amount. The minimum pick- up will be Rs. 5 lakh and the maximum would be Rs. 20 million. 3. At present India’s foreign exchange reserves is $ 293.84 billion. 4. India WPI-based inflation in May falls to 4.7%: 5. World Bank to provide $255 mn loan for AIDS control proj: An agreement for loan of USD 255 million (equivalent) from World Bank for the 'National AIDS Control Project (NACP-IV)' was signed in New Delhi between India and the World Bank 6. India retains world's 3rd most attractive FDI destination slot. India was ranked after China and United States 7. CAD touches record high of 4.8% in 2012-13 8. Canara Bank to open MSME (Micro, Small, and Medium Enterprises) branches in Tiruchi, Perambalur 9. Axis Bank launches co-branded credit card that offers a blend of insurance and a number of travel benefits for international frequent flyers. 10.
11. IIFCL Mutual Fund launched its maiden infrastructure debt fund (IDF) scheme with the support of investors viz. Canara Bank and HUDCO being the strategic investors and Corporation Bank, Oriental Bank of Commerce & IIFCL being the other investors. Chairman of IIFCL S.K. Goel NOTE: India Infradebt Limited (Infradebt), India’s first Infrastructure Debt Fund (IDF) under the Non-Banking Finance Company structure, achieved the distinction of being first IDF-NBFC to get the ‘CRISIL AAA’ credit rating. 12. China, Britain set up currency swap line: China has expanded its currency convertibility to Britain as the central banks of the two countries signed a three-year sterling-yuan currency swap line to boost bilateral trade and financial stability. 13. Yes Bank launches “Incredible India Travel card” in association with the Tourism Ministry.
14. According to OECD: India has probably surpassed Japan to become the world's third largest economy after the US and China
15. Retail inflation, measured by the Consumer Price Index (CPI), slipped markedly by one percentage point to 9.39 per cent in April this year from 10.39 per cent.
16. Indian economy is projected to grow by 6 per cent in the current fiscal: World Bank
17. Vijaya Bank is the first bank which announced that its Risk Management Department has received ISO 27001 certification from the British Standards Institute.
18. NMDC Ltd. and IndusInd Bank were included in the CNX Nifty index of the National Stock Exchange (NSE), replacing Wipro and Siemens
19. Current account deficit (CAD) widened to a record high of 6.7 per cent of the GDP (gross domestic product) in the October-December quarter this fiscal.
20. The World Trade Organization (WTO) cut its forecast for global trade growth in 2013 to 3.3 per cent from 4.5 per cent. 21. YES Bank has been awarded the Financial Institutions Syndicated Deal of the Year 2012 in its Asia Pacific Region. 22. “Tatkal” scheme is launched by SBI (State Bank of India) that enables the people to transfer money to their families in their native towns and villages without actually opening an account.
23. Consumer price index-based (CPI) retail inflation finally eased to 10.39 per cent in March from 10.91 per cent in February
24. World Bank Said: India is the largest recipient of remittances in the world, receiving $69 billion in 2012
25. Prime Minister’s Economic Advisory Council (PMEAC) pegged the GDP (gross domestic product) growth rate for the current fiscal year at a realistic 6.4 per cent 26. The Foreign Investment Promotion Board (FIPB), headed by DEA Secretary Arvind Mayaram, approved the proposal of Air Asia's India investment plans, which allows up to 49 per cent FDI. Rs 80 crore is initial investment. 27. The taxation authorities in India has made E-filing mandatory for all the taxpayers in the country who earn more than Rs. 5 lakh per annum to file their tax returns online.
28. Coal India Ltd will invest Rs 7,500crore to develop railway infrastructure in Chhattisgarh, Jharkhand and Odisha.
29. IRCTC introduced Interbank Mobile Payment System.
30. India and World Bank Signed 500 Million Dollar Deal for Shiksha Abhyan. 31. The Govt. has increased the capital base of India’s apex development bank NABARD to Rs 20,000 crore from existing Rs 5000 crore.
32. 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.
33. India ranked 5th On the List of High Net worth Individuals, according to the Knight Frank Wealth Report 2013. 34. Govt approved Rs 12,517cr (December 2012) capital infusion in PSU banks to meet BASEL III norms. 35. Maharatna status for BHEL and GAIL. 36. Govt. declared use of MGNREGA linked Post Office Accounts for Direct Cash Transfer. 37. P. Chidambaram launched Rajiv Gandhi Equity Savings Scheme (RGESS) in Mumbai 38. ADB gave 100 Million US Dollar Loan to Uttarakhand for the urban infrastructure programme. 39. The government signed a $60 million loan agreement with the World Bank to improve watershed operations in seven districts of Karnataka. 40. MCX-SX became the third full-fledged equity bourse after BSE and NSE in the country. 41. SEBI has introduced electronic IPOs from January 1, 2013.
42. 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 RBI.
43. After SBI and NABARD ownership of National Housing Bank (Now RBI hold 100% share) will be transferred from RBI to Government.
44. India will help Sri Lanka to establish special economic zone in automobile and pharma.
45. India signed an agreement with Belgium for the modernization of the Indian Railways. 46. India and Russia signed pacts on Economic Ties for $2 billion Investment Fund.
47. The ADB has offered $150 million loan for the expansion of railway tracks and to improve overall service in the country. 48. National Savings Certificate matures at the end of 5 years.
49. ADB announced to provide $74.8 million loan to improve road connectivity in the North East states.

50. 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 SBI and Bank of India and two Pakistani banks are National Bank of Pakistan and United Bank Ltd.