CETking GK

May15

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International
India, Iran sign MoU for development of Chabahar Port, Iran
MoU signed by Minister for Shipping and Road Transport and Highways Nitin Gadkari and his Iranian
counterpart.
It is a strategically important location. It will be used by India to ship crude oil and urea, therby reducing
transportation costs

British PM David Cameron led Conservative Party wins 2015 British

General Elections

12th May celebrated as International Nurses Day

In honour of Florence Nightingale who was born on 12th May, 1820.
President Pranab Mukherjee conferred the National Florence Nightingale Awards to 35 nursing personnel
from across the country

KV Kamath named as first President of New Development Bank of BRICS nations.

Headquarters in Shangai, China
Note: BRICS nations comprise 40 per cent of the worlds population and accounts for nearly US $ 16
trillion in GDP.

Priti Patel, Indian-origin MP appointed as Minister of

State for Employment in UK

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International
Harbhajan Kaur Dheer the first Asian woman elected as Mayor in UK
Harbhajan Kaur Dheer became the first Asian woman to be elected as
mayor in the United Kingdom (UK).
She took the position as the Mayor of Ealing Council in London in which
she was the Deputy Mayor before assuming the present position.

ICICI Banks first Chinese branch inaugurated in Shanghai

ICICI Banks first branch in China was launched in Shanghai. Prime Minister
Narendra Modi in the presence of ICICI Banks MD and CEO Chanda
Kochhar inaugrated the bank.

India and South Korea signed agreements to upgrade

relations to special strategic partnership level
During the Prime Minister Narendra Modi visit to South Korea, the
agreements were inked. He is on a three nation visit to China from
14th May to 16th May 2015, Mongolia on 17th May 2015 and South
Korea from 18th May to 19th May 2015.

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National

PM launches three social security schemes: 1 on pension, 2 on insurance

Prime Minister Narendra Modi on 9 May 2015 launched three mega social
security schemes in Kolkata, West Bengal.
Three schemes intend to widen the process of financial inclusion in the country
include:
Pradhan Mantri Jeevan Jyoti Yojana (PMJJBY).
Pradhan Mantri Suraksha Bima Yojana (PMSBY).
Atal Pension Yojana (APY).

11th May : National Technology Day

This day glorifies the importance of science in day-to-day life and motivates students
to adopt science as a career option.
To celebrate the anniversary of first of the five tests of Operation Shakti (Pokhran-II)
nuclear test which was held on 11 May 1998 in Pokhran, Rajasthan.
Apart from Pokhran nuclear test, on this day first indigenous aircraft Hansa-3 was test
flown at Bangalore
India also conducted successful test firing of the Trishul missile on the same day.

Veteran actor Shashi Kapoor conferred with Dadasaheb Phalke Award, 2015.

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National

Draupadi Murmu is The First Women Governor of Jharkhand

She has became the ninth Governor of Jharkhand

PM launches a 24-hour channel for farmers, DD Kisan

It will telecast special programmes on weather, farmer issues,
commodities markets, new farming techniques among others every
day.

Quick Facts
India is on course of doubling its nuclear power generation capacity in five years i.e. till 2020 by more than
10,000 MW
At present 3.5% of Indias electricity is generated by nuclear power plants. In future its share will be less
than 10% even if the installed capacity is tripled.

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Mergers & Acquisitions (M&A)
SnapDeal acquires MartMobi
E-commerce major Snapdeal on 25 May 2015 acquired Hyderabad-based
mobile technology startup MartMobi for an undisclosed amount. This
acquisition will help Snapdeal to strengthen its mobility platform for merchant
partners.

Share khan, a leading broking firm to get acquired by private

equity firms Warburg and general Atlantic

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Economy

Union Government Constitutes Justice AP Shah Committee to

look into the issue of MAT on FIIs
Minimum Alternate Tax (MAT); Foreign Institutional Investors (FIIs)
Background
Government uses the MAT to get companies, which pay less or zero tax
due to the available exemptions to pay some tax.
The issuance of such tax demand on FIIs has caused an outcry among
them as they were exempted from paying such taxes from April 1, 2015.
But the tax authorities have demanded MAT in respect of previous years
i.e. till 2014-15.

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Sports

Winners of 2015 Mutua Madrid Open

Held from 1st to 10th May15 in Madrid, Spain
Mens Singles : Andy Murray
Womens Singles : Petra Kvitova
Mens Doubles : Rohan Bopanna (India) and Florin Mergea (Romania) pair
Womens Doubles : Casey Dellacqua (Australia) and Yaroslava Shvedova (Russia)

Himachal Pradesh the Indian state will host the Paragliding World Cup 2015

24th Oct to 31st Oct15

There will be participants from over 50 countries

Tejaswini Sagar wins gold at Under-15 World School Chess Championship

Tejaswini Sagar from India won under-15 category of World School Chess
Championships in her maiden attempt.

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Sports

Italian Tennis Open Winners

Held from 10th to 17th May15 in Rome, Italy
Also known as Rome Masters
Mens Singles : Novak Djokovic
Womens Singles : Maria Sharapova
Mens Doubles : Pablo Cuevas & David Marrero
Womens Doubles : Tmea Babos & Kristina Mladenovic

Kumar Sangakkara named International Cricketer of the Year 2015

Ajinkya Rahane was named as the CEAT Indian Cricketer of the

Year 2015.

Mumbai Indians win eigth edition of IPL

Played at Eden Gardens, Kolkata on 24th May 2015

Against Chennai Super Kings

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