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GA Power Capsule for Syndicate & Canara PO Exam 2018

Contents
Union Budget 2018-19 : A Complete Analysis ................................................................................................................. 3
The Most Important 35 Points from the Economic Survey… ........................................................................................ 5
The Most Important Current Affairs for Syndicate & Canara Bank PO Exams .......................................................... 7
Static Takeawys from January 2018 Current Affairs ..................................................................................................... 11
Static Take Aways December 2017 Current Affairs ...................................................................................................... 13
Static Take-Aways November 2017 Current Affairs ..................................................................................................... 14
Current Affairs Injections: 1st to 6th February 2018 ..................................................................................................... 16
Static Takeaways from February 2018 Current Affairs ................................................................................................ 18
BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS............................................................................... 18
ECONOMY/FINANCIAL CURRENT AFFAIRS .......................................................................................................... 23
Static Takeaways from Banking & Economy Current Affairs ..................................................................................... 24
BUSINESS NEWS (NATIONAL & INTERNATIONAL) ............................................................................................. 26
Static Takeaways from Business Current Affairs .......................................................................................................... 27
AGREEMENTS/MOU SIGNED ...................................................................................................................................... 27
NEW APPOINTMENTS: NATIONAL ........................................................................................................................... 29
NEW APPOINTMENTS: INTERNATIONAL ............................................................................................................... 31
Countries|Capital|Currency Part 1................................................................................................................................ 32
Static Takeaways from New Appointments .................................................................................................................. 32
AWARDS ............................................................................................................................................................................ 33
CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)........................................................... 35
COMMITTEES IN NEWS ................................................................................................................................................. 37
NATIONAL CURRENT AFFAIRS .................................................................................................................................. 38
INTERNATIONAL CURRENT AFFAIRS ...................................................................................................................... 41
CURRENT AFFAIRS RELATED TO STATES IN INDIA ............................................................................................. 43
ALL ABOUT THE STATES IN INDIA CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS /
POWER PLANTS IN INDIA ............................................................................................................................................ 45
Country & Currency in News .......................................................................................................................................... 49
OBITUARIES (NATIONAL/INTERNATIONAL) ........................................................................................................ 50
LIST/INDEXES ANNOUNCED RECENTLY................................................................................................................ 51
Static Takeaways: Index/Reports released by different Organisations ..................................................................... 53
IMPORTANT DAYS OBSERVED RECENTLY.............................................................................................................. 54
BOOKS & AUTHORS ........................................................................................................................................................ 55

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GA Power Capsule for Syndicate & Canara PO Exam 2018
DEFENCE CURRENT AFFAIRS...................................................................................................................................... 56
SPORTS CURRENT AFFAIRS ......................................................................................................................................... 58
International Organization In News ............................................................................................................................... 63
Science & Technology (Nasa, Isro & Others) ................................................................................................................. 63
SCHEMES............................................................................................................................................................................ 63
MISCELLANEOUS TOPICS ............................................................................................................................................. 67
Banking Awareness for Syndicate & Canara Bank PO 2018 ....................................................................................... 68
HANDY NOTES BANKING: PRIORITY SECTOR LENDING ................................................................................... 76
Static Awareness Capsule for Syndicate & Canara Bank PO 2018 ............................................................................. 89
IMPORTANT AIRPORTS IN INDIA .............................................................................................................................. 93
BOUNDARY LINES .......................................................................................................................................................... 94
IMPORTANT DAMS IN INDIA ...................................................................................................................................... 94
IMPORTANT DAYS .......................................................................................................................................................... 95

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GA Power Capsule for Syndicate & Canara PO Exam 2018
Union Budget 2018-19 : A Complete Analysis
Finance Minister Arun Jaitley presents the Union Budget A major initiative named Revitalising Infrastructure &
2018-19 on 1st February 2018. In his speech he said that, Systems in Education (RISE) to be launched by 2022
"When our government took over, India was part of with a total investment of Rs.1,00,000 crore in next four
"fragile five," but now are now the fastest growing years.
economy of the world. He also said that Indian economy is Government will launch the Prime Minister‟s Research
a $2.5 trillion economy. India is expected to become the Fellows (PMRF)‟‟ Scheme this year.
fifth largest economy very soon. Allocation on National Social Assistance Programme
this year has been kept at Rs. 9975 crore.
Agriculture & Rural Economy Govt. is launching a new national health protection
The government will set up a fund of Rs 2,000 crore for scheme – Rashtriya Samaj Beema Yojana. This will have
developing agricultural markets. 50 crore beneficiaries & 10 crore families will get 5 lakh
MSP for Kharif cost will be 1.5 times the cost of per year for their families to cover secondary & tertiary
production. hospital expenses. This is the world's largest
The government will develop 22,000 Gramin government-funded healthcare program.
agricultural markets. A Rs 600 crore corpus is being set up to help
The cluster-model approach will be adopted for Tuberculosis patients. This will build a new India in
agricultural production. 2022 & enhance productivity & will also generate lakhs
Allocation in food production sector doubled to Rs 1400 of jobs for women.
crore. PM Jeevan Beema Yojana benefitted more than 2 crore
Minimum Support Price shall be increased by 1.5 times. families.
Operation Green will be launched for agriculture & the Jan Dhan Yojana will be extended to all 60 crore bank
Minister allocates Rs500 crore for this. accounts.
Agricultural corpus worth Rs 2000 crore will be set up. Rs 1200 crores allocated for the National Health Policy,
470 APMCs have been connected to eNAM network, 2017, which with 1.5 lakh Health & Wellness Centres
the rest to be connected by March 2018. will bring health care system closer to the homes of
A fund for the fishery, aquaculture development & people.
animal husbandry will be set up with a total corpus to Government will be setting up 24 new Government
be Rs 10,000 crore. We will also allocate Rs 1290 crore Medical Colleges & Hospitals.
for a bamboo mission, as it is green gold. All 4465 Ganga Grams – villages on the bank of river -
In all, we are providing Rs 10 lakh crore to Rs 11 lakh have been declared open defecation free.
crore as credit for agricultural activities.
Ujjwala Yojana, the free LPG connection scheme Medium, Small & Micro Enterprises (MSMEs) &
expanded to eight crore households. Employment
Six crore toilets have been built already, & in the next Rs. 3794 crores provided for giving credit support,
year, two crore additional toilets will be constructed. capital & interest subsidy & for innovations.
The government will provide 4 crore electricity Target of Rs.3 lakh crore for lending under MUDRA for
connections to the poor under Saubhagya Yojana. 2018-19.
Kisan credit card to be extended to fisheries,animal
husbandry farmers. Employment Generation
The government will establish a dedicated affordable Finance Minister cited an independent study as
housing fund. showing that 70 lakh formal jobs will be created this
Loans to self-help groups will increase to Rs75,000 year.
crore. An outlay of Rs.7148 crore for the textile sector in 2018-
Govt. allocated Rs5,750 crore to National Livelihood 19.
Mission & Rs2,600 crore to the groundwater irrigation EPF contribution has been reduced to 8% for the first 3
scheme. years of employment & 12% government contribution
to EPF in sectors employing a large number of people,
Education, Health & Social Protection however, there will be no changes in employer
Outlay on health, education & social protection will be contribution.
1.38 lakh crore.
By 2022, every block with more than 50% ST population Infrastructure & Financial Sector Development
& at least 20,000 tribal people will have 'Ekalavya' Increase of budgetary allocation on infrastructure for
school at par with Navodaya Vidyalas. 2018-19 to Rs.5.97 lakh crore

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Under the Bharatmala Pariyojana, about 35000 kms Disinvestment target of Rs. 80,000 crores for 2018-19.
road construction in Phase-I at an estimated cost of Three Public Sector Insurance companies- National
Rs.5,35,000 crore has been approved. Insurance Co. Ltd., United India Assurance Co. Ltd., &
Oriental India insurance Co. Ltd., will be merged into a
Railways single insurance entity.
Railways Capital Expenditure for the year 2018-19 has A comprehensive Gold Policy will be formulated to
been pegged at Rs.1,48,528 crore. develop gold as an asset class
600 railway stations to be redeveloped. To celebrate the 150 Birth Anniversary of Mahatma
Over 3600 km railway track renovation targeted in the Gandhi an amount of Rs.150 crore set aside for the
current year. activities leading to the commemoration programme.
In Railways, 18,000 kms of doubling of tracks would
eliminate capacity constraints. Fiscal Management, Direct & Indirect Taxes
We are moving towards optimum electrification of the Budget Revised Estimates for expenditure in 2017-18
railway. Over 3,600 km of track renewal is being are Rs.21.57 lakh crore (net of GST compensation
targeted in 2018-19. transfers to the States) as against the Budget Estimates
150 km additional suburban railway network at the cost of Rs.21.47 lakh crore.
of Rs. 40,000 cr. FM projected a Fiscal Deficit of 3.3% of GDP for the
Rs 11,000 crore is being allocated for Mumbai Suburban year 2018-19.
Railways. Revised Fiscal Deficit estimates for 2017-18 were put at
Proposal for railway university in Vadodara. Rs. 5.95 lakh crore at 3.5% of GDP.
Rs. 17,000 crore is being set aside for Bengaluru Metro. Proposed acceptance of key recommendations of the
Govt. to eliminate over 4,267 unmanned level crossings Fiscal Reform & Budget Management Committee to
in the next two years. bring down Central Government’s Debt to GDP ratio to
All railway stations & trains will have WiFi & 150 40%.
kilometres of additional suburban corridors in being Growth of direct taxes in financial year 2016-17 was
planned. 12.6 percent, & for financial year 2017-18 (upto 15th Jan,
2018) is 18.7 percent. Buoyancy in personal income tax
Air Transport for financial year 2017-18 (RE) is 2.11.
Airport capacity to be hiked to handle 1 billion trips per Number of Effective Tax Payers has increased from 6.47
year. crore at the beginning of Financial year 2014-15 to 8.27
UDAN will connect 56 unserved airports & 36 crore at the end of 2016-17.
unserved heliports. Proposed 100 percent deduction to companies
As per the FM, The Airport Authority of India has 124 registered as Farmer Producer Companies with an
airports. annual turnover upto Rs. 100 crores on profit derived
from such activities, for a period of five years from
Finance & Digital Economy financial year 2018-19.
Government will establish a unified authority for Payments exceeding Rs. 10,000 in cash made by trusts
regulating all financial services in International Finance & institutions shall be disallowed & would be subject to
Service Centre (IFSCs) in India. tax.
NITI Aayog will initiate a national program to direct Long Term Capital Gains exceeding Rs. 1 lakh to be
efforts in artificial intelligence. taxed at the rate of 10 percent, without allowing any
Department of Science & Technology will launch a indexation benefit.
Mission on Cyber Physical Systems Proposed to introduce a tax on distributed income by
Allocation on Digital India programme increased to Rs equity oriented mutual funds at the rate of 10 percent
3073 crore in 2018-19 Proposed to increase the cess on personal income tax &
Proposed to set up five lakh wi-fi hotspots to provide corporation tax to 4 percent from the present 3 percent.
net connectivity to five crore rural citizens. It will be called the ―Health & Education Cess‖.
Rs. 10000 crores allocated in 2018-19 for creation & Increase customs duty on mobile phones from 15
augmentation of Telecom infrastructure. percent to 20 percent, on some of their parts &
accessories to 15 percent & on certain parts of
Disinvestment televisions to 15 percent.
Finance Minister announced that 2017-18 disinvestment Customs duty is proposed to be reduced on raw
target of Rs. 72,500 crores has been exceeded & cashew from 5 percent to 2.5 percent, to help the
expected receipts of Rs.1,00,000 crore. cashew processing industry.

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Proposed to change the name of the Central Board of Galvanizing Organic Bio-Agro Resources Dhan
Excise & Customs (CBEC) to the Central Board of (GOBAR-DHAN).
Indirect Taxes & Customs (CBIC). 2600 crore allocated under Prime Minister Krishi
Deduction of 30 percent on emoluments paid to new Sinchai Yojna to provide assured irrigation in 96
employees Under Section 80-JJAA to be relaxed to 150 deprived irrigation districts
days for footwear & leather industry, to create more Allocation of Rs 1,34,572 crore has been made for the
employment. transport sector while the efforts to develop disaster
No adjustment in respect of transactions in immovable resilient infrastructure is being given a push with an
property where Circle Rate value does not exceed 5 allocation of Rs. 60 crores in 2018-19.
percent of consideration. Total earmarked allocation for SCs in 279 programmes
Standard Deduction of Rs. 40,000 in place of present increased to Rs. 56,619 crores & for STs in 305
exemption for transport allowance & reimbursement of programmesto Rs. 39,135 crores for 2018-19.
miscellaneous medical expenses. 2.5 crore salaried Under the Smart City mission, 99 cities selected with
employees & pensioners to benefit. the outlay of Rs. 2.04 lakh crores.
Introduce a tax on distributed income by equity The government announced AMRUT program to focus
oriented mutual fund at the rate of 10%. on water supply to all households in 500 cities. Water
supply contracts for 494 projects worth 19,428 crores
Relief to Senior Citizens proposed in the Budget will be awarded.
Exemption of interest income on deposits with banks & 24 Public Sector Units to be divested.
post offices to be increased from Rs. 10,000 to Rs. The government will involve a scheme to assign every
50,000. enterprise a unique ID just like Aadhaar.
Benefit also available for interest from all fixed deposit The Department of Investment & Public Asset
schemes & recurring deposit schemes. Management will come up with debt Exchange Traded
Hike in deduction limit for health insurance premium Fund.
and/ or medical expenditure from Rs. 30,000 to Rs. National Logistics Portal as a single online window will
50,000 under section 80D. link all stakeholders, to be developed by Department of
Increase in deduction limit for medical expenditure for Commerce.
certain critical illness from Rs. 60,000 (in case of senior Salaries of President, VP & Governors will be increased.
citizens) & from Rs. 80,000 (in case of very senior Rs. 5 lakhs for President, Rs 4.0 lakh for VP & Rs 3.5
citizens) to Rs. 1 lakh for all senior citizens, under lakh for governors. Salaries of Members of Parliament
section 80DDB. will also be raised.
Proposed to extend Pradhan Mantri Vaya Vandana A new law will be introduced that will automatically
Yojana up to March, 2020. Current investment limit revise MPs' emoluments every five years, indexed to
proposed to be increased to Rs. 15 lakhs from the inflation.
existing limit of Rs. 7.5 lakh per senior citizen. Government to set up two industrial defence industrial
development corridors in 2018-19.
Other Important Highlights from the Budget Estimates 1.38 trillion rupees expenditure on health,
To make the villages open defecation free & improving education & social security. Railway capital
the lives of villagers, FM announced the launch of expenditure set at 1.49 trillion rupees for 2018/19.

The Most Important 35 Points from the Economic Survey…

Economic Survey is an annual document of the Ministry of 1. The Economic Suvey 2017-18 was in pink colour to
Finance, Government of India, & reviews the highlight the gender issues.
developments in the Indian economy over the previous 12 2. As per the Economic Survey, a series of major reforms
months, summarises the performance on major undertaken over the past year will allow real GDP
development programs, & highlights the policy initiatives growth to reach 6.75 percent this fiscal & will rise to 7.0
of the government & the prospects of the economy in the to 7.5 percent in 2018-19.
short to medium term. 3. The Gross Value Added (GVA) at constant basic prices
Economic Survey 2017-18 tabled in Parliament on 29th is expected to grow at the rate of 6.1 per cent in 2017-18
January 2018 by the Union Minister for Finance & as compared to 6.6 per cent in 2016-17. Agriculture,
Corporate Affairs, Shri Arun Jaitley. industry & services sectors are expected to grow at the

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GA Power Capsule for Syndicate & Canara PO Exam 2018
rate of 2.1 per cent, 4.4 per cent, & 8.3 per cent the Ministry of Agriculture & Farmers Welfare has
respectively in 2017-18. declared 15th October of every year as Women
4. Economic Survey draws attention to 10 new Economic Farmer‗s Day.
facts on Indian Economy. Goods & Services Tax (GST) 13. As per the survey, Rs.20,339 crores has been approved
has given a new perceptive of the Indian economy & by the Government in 2017-18 to meet various
new data has emerged. There has been a fifty percent obligations arising from interest subvention being
increase in the number of indirect taxpayers. provided to the farmers on short term crop loans, as
5. As per the survey, Maharashtra, Gujarat, Karnataka, also loans on post-harvest storages meets an important
Tamil Nadu & Telangana account for 70% of India‘s input requirement of the farmers in the country,
exports. India‘s internal trade in goods & services is 60 especially small & marginal farmers who are the major
percent of GDP. borrowers.
6. Over the last 10-15 years, India‗s performance 14. The Survey says that the actual expenditure of
improved on 14 out of 17 indicators of women‗s Department of Agricultural Research &
agency, attitudes, & outcomes. Education/Indian Council of Agricultural Research
7. The Gross Non-Performing Advances (GNPA) ratio of has increased from Rs.5393 crore in 2010-11 to Rs.6800
Scheduled Commercial Banks (SCBs) increased from (BE) crore during 2017-18.
9.6 percent to 10.2 percent between March 2017 & 15. According to the survey, on 30th November 2017, the
September 2017. Non-Food Credit (NFC) grew at 8.85 share of renewable energy sources was 18 percent in
percent Y-o-Y in November 2017 as compared to 4.75 the total installed capacity of electricity.
per cent in November 2016. Bank credit lending to 16. During the period April-September 2017-18, growth in
Services & Personal Loans (PL) segments continue to services exports & services imports were robust at 16.2
be the major contributor to overall NFC growth. The per cent & 17.4 per cent. To boost services exports, the
IBC mechanism is being used actively to resolve the Government in its mid-term Review of Foreign Trade
NPA problem of the banking sector. A major factor Policy 2015-2020, has increased incentives under
behind the effectiveness of the new Code has been the Services Exports from India Schemes (SEIS) by 2 per
adjudication by the Judiciary. cent, leading to an additional annual incentive of
8. Consumer Price Index(CPI) based headline inflation Rs.1,140 crores
averaged 3.3 percent during the period which is the 17. As per the Survey, out of the 32 States & Union
lowest in the last six financial years. Territories (UTs), in 15 states & UTs, the Services Sector
9. As per the survey, the Index of Industrial Production is the dominant sector, contributing more than half of
(IIP) which is a volume index with base year 2011-12, the Gross State Value Added (GSVA). The major
shows that the industrial output increased by 3.2 services in most of the States are trade, hotels &
percent during April-November 2017-18. As per the restaurants, followed by real estate, ownership of
survey, the Eight Core Infrastructure Supportive dwellings & business services.
Industries, viz. Coal, Crude Oil, Natural Gas, 18. FDI equity inflows to the services sector grew by 15.0
Petroleum, Refinery Products, Fertilizers, Steel, percent during 2017-18 (April-October). At present,
Cement & Electricity attained a cumulative growth of more than 90 per cent of FDI inflows are through
3.9 percent during April-November, 2017-18. In 2017- automatic route.
18 (April – September), the inflow of total FDI was to 19. The Services sector, with a share of 55.2 per cent in
the quantum of USD 33.75 billion. India‗s Gross Value Added (GVA), continued to be the
10. Regarding Civil Aviation Sector, the Economic Survey key driver of India‗s economic growth contributing
says that in 2017-18 (April - September), domestic almost 72.5 per cent of GVA growth in 2017-18, as per
airlines carried 57.5 million passengers, showing a the Economic Survey 2017-18. The growth of Service
growth rate of 16% over the corresponding previous Sector as a whole is expected to be at 8.3 per cent in
year period, with 10.3 percent domestic cargo handled. 2017-18, the growth in Services exports was 16.2 per
11. Highlighting the initiatives & achievement in the cent in H1 of 2017-18.
Power Sector, the Survey mentions that All-India 20. Foreign Tourist Arrivals (FTAs) during 2017 were 10.2
installed power generation capacity has reached million, with a growth of 15.6 per cent, while Foreign
3,30,860.6 MW as on 30thNovember, 2017 & Exchange Earnings (FEEs) from tourism were US$ 27.7
electrification in 15,183 villages has been completed. billion, with a growth of 20.8 per cent over 2016.
12. As per the survey, with growing rural to urban 21. India‗s gross expenditure on R&D has been at around 1
migration by men, there is feminisation‗ of agriculture per cent of GDP. India ranks 60th out of 127 on the
sector, with increasing number of women in multiple Global Innovation Index (GII) 2017, improving from
roles as cultivators, entrepreneurs, & labourers. For 66th rank in 2016.
Recognizing the critical role of women in agriculture,

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GA Power Capsule for Syndicate & Canara PO Exam 2018
22. Foreign exchange earnings of India from export of 29. India‗s CAD stood at US$7.2 billion (1.2 percent of
satellite launch services increased noticeably in 2015-16 GDP) in Q2 of 2017-18, narrowing sharply from US$
& 2016-17 to Rs 394 crore. 15.0 billion (2.5 percent of GDP) in the preceding
23. Expenditure on Social services stands at 6.6 per cent in quarter.
2017-18 (BE). 30. Economic Survey calls for Fiscal Federalism &
24. The Survey mentions that there has been highest ever accountability to avoid low equilibrium trap.
budget allocation under Mahatma Gandhi National 31. As India emerges as one of the world‗s largest
Rural Employment Guarantee Act (MGNREGA) economics, it needs to gradually move from being a net
during 2017-18. About 4.6 crore households were consumer of knowledge to becoming a net producer.
provided employment totaling 177.8 crore person days This has been emphasized in the Economic Survey.
during 2017-18 as on 14th January, 2018. Out of this, 54 32. Current account deficit for 2017-18 expected to average
per cent were generated by women, 22 per cent by between 1.5%-2% of GDP.
Schedule Castes & 17 per cent by Schedule Tribes. 33. Personal income-tax collections to rise to 2.3% of GDP
25. The Survey takes note of the National Health Policy in 2017-18
2017 which recommended increasing State sector 34. As per the survey, India will need $4.5 trillion
health spending to more than 8 per cent of the States‗ investment in infrastructure by 2040.
Government Budget by 2020. 35. As per the Survey, the policy agenda for next year is
26. As per the survey, With the launch of Swachh Bharat support agriculture, privatise Air India, finish bank
Mission (Gramin) on 2nd October, 2014, the sanitation recapitalization.
coverage in rural India has increased substantially
from 39 per cent in 2014 to 76 percent in January, 2018.
The number of persons defecating in open in rural
areas, which were 55 crore in October, 2014 declined to
25 crore in January, 2018. So far, 296 districts & 307,349
villages all over India have been declared Open
Defecation Free (ODF). Eight states & two Union
Territories. i.e., Sikkim, Himachal Pradesh, Kerala,
Haryana, Uttarakhand, Chhattisgarh, Arunachal
Pradesh, Gujarat, Daman & Diu & Chandigarh have
been declared as ODF completely.
27. As per the survey, DEMONITISATION HAS HELPED
SHARE OF FINANCIAL SAVING RISE
28. India‗s foreign exchange reserves reached US$ 409.4
billion on end-December 2017. Foreign exchange
reserves grew by 14.1 percent on a y-o-y basis from
end December 2016 (US$ 358.9 billion) to end
December 2017 (US$ 409.4 billion). Foreign exchange
reserves increased further to US$ 413.8 billion on
January 12, 2018.

The Most Important Current Affairs for Syndicate & Canara Bank PO Exams

Padma Awards 2018 Announced: Full List of Recipients with the Padma Shri. The awards are announced on the
The President of India has approved the awards for 85 eve of the Republic Day every year.
individuals, which includes 3 Padma Vibhushan, 9
Padma Bhushan & 73 Padma Shri. Padma Vibhushan Awards (2nd highest civilian award)
Fourteen of the awardees are women & 3 persons have Winner Category
been awarded posthumously. Ilayaraja Art (Music)
In sports personalities, former India cricket captain Ghulam Mustafa Khan Art (Music)
Mahendra Singh Dhoni & multiple world Parameswaran Parameswaran Literature & Education
champion cueist Pankaj Advani have been conferred with
the third-highest civilian award, Padma Bhushan. Padma Bhushan Awards (3rd highest civilian award)
The 2017 World Weightlifting Champion Saikhom Winner Category
Mirabai Chanu & former Asian Games gold medallist Pankaj Advani Sport
tennis player Somdev Devvarman have been conferred (Billiards/Snooker)

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GA Power Capsule for Syndicate & Canara PO Exam 2018
Mahendra Singh Dhoni Sports (Cricket) Mixed Gabriela Dabrowski Timea Babos
Alexander Kadakin Public Affairs Doubles (Canada)& Mate (Hungary)& Rohan
(Foreigner/Posthumous) Pavic (Croatia) Bopanna (India)
Ved Prakash Nanda Literature & Education
Laxman Pai Art (Painting) World Economic Forum Summit in Switzerland
Arvind Parikh Art (Music) Concludes
Sharda Sinha Art (Music) Prime Minister Narendra Modi returned home after
Philipose Mar Chrysostom Others (Spiritualism) concluding his visit to Davos, Switzerland. During the
Ramachandran Nagaswamy Others (Archaeology) visit, he delivered a keynote address at the plenary session
of the 48th annual meeting of World Economic Forum. He
And the Grammy 2018 award goes to… became the first Indian prime minister in two decades to
The 60th Annual Grammy Awards were held at Madison join the world‘s top business leaders in the Swiss resort
Square Garden in New York City, the USA. James town of Davos.
Corden was the host of the ceremony for the second year Mr Modi outlined climate change, terrorism &
in a row. protectionism as three global threats. He also met
It was Bruno Mars' night at the Grammy Awards held in his Canadian counterpart, Justin Trudeau. Both leaders
New York, with the three biggest wins - Album of The discussed issues of mutual interest & reiterated their
Year & Record of The Year for 24K Magic & Song of The commitment to stand firm in combating terrorism.
Year for 'That's What I Like'. He also held a meeting with Queen Maxima of the
Netherlands & discussed steps to deepen the bilateral
The list of winners is given below: relationship. He also interacted with top global CEOs at the
Album of The Year: Bruno Mars International Business Council event.
Song of the Year: Bruno Mars', That's What I Like Note: Capital of Switzerland- Bern, Currency- Swiss franc
Record of The Year: Bruno Mars, 24K Magic | Founder & Chairman of WEF- Klaus Schwab.
Best Pop Solo Performance: Ed Sheeran, Shape of You
Best Pop Vocal Album: Ed Sheeran, Divide Cabinet Approves Amendments in FDI Policy, Policies
Best Dance Recording: LCD Soundsystem, Tonite Further Liberalized
Best Music Film: The Defiant Ones The Cabinet chaired by PM Narendra Modi has approved
Best Children's Album: Feel What U Feel, Lisa Loeb amendments in FDI Policy & further liberalized few of the
Best Compilation Soundtrack for Visual Media: La La policies of FDI.
Land
Producer of the Year, Classical: David Frost Highlights of the Amendments-
 100% FDI under automatic route for Single Brand Retail
Roger Federer won the Australian Open 2018 Trading.
The 2018 Australian Open was the 106th edition of the 100% FDI under automatic route in Construction
tournament. Roger Federer was the defending champion Development.
& successfully defended his title, defeating Marin Cilic in Foreign airlines allowed to invest up to 49% under
the final. It was Federer's 20th Grand Slam title. In approval route in Air India.
women's' single, Caroline Wozniacki became the first FIIs/FPIs allowed to invest in Power Exchanges through
Danish player to win a Grand Slam singles title, defeating primary market.
Simona Halep in the final.  Definition of ‗medical devices‘ amended in the FDI Policy.

Complete list of Winners of Australian Open a) Government approval no longer required for FDI in
Category Winner Runner Up Single Brand Retail Trading (SBRT): Extant FDI policy
Men's Roger Federer Marin Cilic (Croatia) on SBRT allows 49% FDI under automatic route, & FDI
Singles (Switzerland) beyond 49% & up to 100% through Government
approval route. It has now been decided to permit 100%
Women's Caroline Wozniacki Simona Halep
FDI under automatic route for SBRT.
Singles (Denmark) (Romania)
b) Civil Aviation: As per the extant policy, foreign airlines
Men's Oliver Marach Robert Farah & J.
are allowed to invest under Government approval route
Doubles (Austria) & Mate Cabal (Colombia)
in the capital of Indian companies operating scheduled
Pavic(Croatia)
& non-scheduled air transport services, up to the limit
Women's Kristina Elena Vesnina
of 49% of their paid-up capital. However, this provision
Doubles Mladenovic (Russia)& Ekaterina
was presently not applicable to Air India, thereby
(France) & Tímea Makarova (Russia)
implying that foreign airlines could not invest in Air
Babos (Hungary)
India. It has now been decided to do away with this

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GA Power Capsule for Syndicate & Canara PO Exam 2018
restriction & allow foreign airlines to invest up to 49% a) The Indian Space Research Organisation
under approval route in Air India. (ISRO) launched its 42nd Polar Satellite Launch
c) Construction Development: Townships, Housing, Vehicle (PSLV)from the First Launch Pad of Satish
Built-up Infrastructure & Real Estate Broking Dhawan Space Centre in Sriharikota, Andhra Pradesh.
Services: It has been decided to clarify that real-estate b) The PSLV-C40 is to place 31 satellites, originating from
broking service does not amount to real estate business seven countries, across two orbits.
& is therefore, eligible for 100% FDI under automatic c) Its primary payload was the fourth satellite in the
route. advanced remote sensing Cartosat-2 series. The
d) Power Exchanges: Extant policy provides for 49% FDI satellite's design life is five years. ISRO successfully
under automatic route in Power Exchanges registered sent up a rocket carrying India's 100th satellite along
under the Central Electricity Regulatory Commission with 30 others.
(Power Market) Regulations, 2010. It has now been
decided to do away with this provision, Important Facts About the Launched Satellite-
thereby allowing FIIs/FPIs to invest in Power The 30 other satellites include two other satellites from
Exchanges through primary market as well. India & 28 satellites from six countries -Canada, Finland,
France, Korea, the United Kingdom & the United States.
All You Need to Know About New Rs10 Banknote in This was done through what scientists call the "multiple
Mahatma Gandhi Series burn technology" under which the rocket's engine is
a) Reserve Bank of India has announced to issue Rs10 switched off & then switched on to control its height.
denomination banknotes in the Mahatma Gandhi The 710-kg earth observation satellite the PSLV is carrying
(New) Series, bearing the signature of Dr. Urjit R. Patel, the third in the Cartosat 2 series. The last satellite of the
Governor, RBI. series had been launched successfully in June 2016.
b) The new denomination has motif of Sun Temple, ISRO's workhorse PSLV rocket weighs nearly 320 tonnes &
Konark on the reverse, depicting the country's cultural stands up to 44.4 meters, equivalent to a 15-storey
heritage. building.
c) The base colour of the note is Chocolate Brown. The
dimension of the banknote will be 63 mm x 123 mm. And the 63rd Filmfare Awards 2018 goes to…
a) Bollywood came together to celebrate the industry's talent
at 63rd Jio Filmfare Awards 2018, held in Mumbai.
Superstar Shah Rukh Khan & filmmaker Karan Johar
hosted the show.
b) 'Hindi Medium' bagged honours in the categories of Best
Film & Best Actor in a Leading Role (Male) for Irrfan
Obverse (Front): See through register with denominational Khan's impeccable performance.
numeral 10, Denominational numeral 'Bharat' inc) Vidya Balan won her career's sixth Filmfare award for her
Devnagari, Portrait of Mahatma Gandhi at the centre, passionate portrayal of a middle-aged homemaker who
Guarantee Clause, Governor's signature with Promise turns into a radio jockey in 'Tumhari Sulu' as she claimed
Clause & RBI emblem towards right of Mahatma Gandhi the Black Lady for the Best Actor in a Leading Role
portrait, Ashoka Pillar emblem on the right, Mahatma (Female).
Gandhi portrait & electrotype (10) watermarks, & Number
panel with numerals growing from small to big on the top Complete list of winners of 63rd Filmfare Awards 2018
Category Winner
left side & bottom right side.
Best Film 'Hindi Medium'
Critics' Award for Best 'Newton'
Film
Best Actor In A Vidya Balan for 'Tumhari Sulu'
Leading Role (Female)
Best Actor In A Irrfan Khan for 'Hindi
Leading Role (Male) Medium'
Reverse (Back): Year of printing of the note on the left, Critics' Award for Best Rajkummar Rao for 'Trapped'
Swachh Bharat logo with slogan, Language panel, Motif of Actor (Male)
Sun Temple, Konark, & Denominational numeral in Critics' Award for Best Zaira Wasim for 'Secret
Devnagari. Actor (Female) Superstar'
Best Director Ashwiny Iyer Tiwari for
ISRO' successfully launched its 42nd PSLV named PSLV- 'Bareilly Ki Barfi'
C40 Best Debut Director Konkona Sensharma for 'A

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Death in the Gunj' 2. ICC Men‘s Test Cricketer of the Year – S. Smith (Aus)
Best Actor In A Rajkummar Rao for 'Bareilly 3. ICC Men‘s ODI Cricketer of the Year - Virat Kohli
Supporting Role Ki Barfi' 4. ICC Men‘s Emerging Cricketer of the Year - Hasan Ali
(Male) (Pakistan)
Best Actor in a Meher Vij for 'Secret Superstar' 5. ICC Men‘s Associate Cricketer of the Year - Rashid
Supporting Role Khan (Afghanistan)
(Female) 6. ICC Men‘s T20I Performance of the Year - Yuzvendra
Best Dialogue Hitesh Kewalya for 'Shubh Chahal (6-25 v England) (India)
Mangal Saavdhan' 7. David Shepherd Trophy for ICC Umpire of the Year –
Best Screenplay Shubhashish Bhutiani for Marais Erasmus
'Mukti Bhavan' 8. ICC Spirit of Cricket - Anya Shrubsole (England)
Best Original Story Amit Masurkar for 'Newton' 9. ICC Fans Moment of the Year - Pakistan stuns India to
Best Actor (Male) in a Jackie Shroff for 'Khujli' win the ICC Champions Trophy 2017.
Short Film
Best Actor (Female) in Shefali Shah for 'Juice' Sushma Swaraj Embarked on Tour of 3 Southeast Asian
a Short Film Nations
People's Choice Award 'Anahut' External Affairs Minister Sushma Swaraj left on a 5-day
for Best Short Film visit to three South East Asian countries – Thailand,
Best Short Film 'Juice' Indonesia & Singapore.
(Fiction) On the first leg of the visit, Ms Swaraj will reach Thailand
Best Short Film (Non 'Invisible Wings' & will hold an official meeting with Thai Foreign Affairs
Fiction) Minister Don Pramudwinai.
Best Music Album Pritam for 'Jagga Jasoos' During the visit to Indonesia, Ms Swaraj will co-chair the
Best Playback Singer Arijit Singh for 'Roke na ruke 5th meeting of India-Indonesia Joint Commission.
(Male) naina' - 'Badrinath Ki In Singapore, the External Affairs Minister will
Dulhania' inaugurate the Regional Pravasi Bharatiya Divas of
ASEAN countries. She will have bilateral meetings with
the leaders in Singapore.
Thailand Capital- Bangkok, Currency- Thai baht.
Indonesia Capital- Jakarta, Currency- Indonesian rupiah.

BJP wins absolute Majority in Gujarat & Himachal


Pradesh Assembly Elections 2017
BJP retained power in Gujarat for the 6th time in a row &
swept the polls in Himachal Pradesh finishing just short of
two-third majority. The party romped home again in
Gujarat by winning 99 seats, seven seats more than the
mark of absolute majority in the 182-member House.
Congress won 77 seats & others 6. In Himachal Pradesh,
BJP wrested power from Congress by winning 44 seats,
two seats short of two-third majority, in the 68-member
House. In Himachal Pradesh, Congress Chief Minister
Virbhadra Singh has won, while former BJP Chief Minister
ICC Award 2017- Complete List of Winners Prem Kumar Dhumal has lost.
Australia captain Steve Smith has been crowned Jairam Thakur will be Himachal Pradesh‘s new CM
the International Cricket Council's Test Player of the while Vijay Rupani Remains Gujarat‘s CM
Yearfor a second time, while Indian captain Virat Kohli
has been honoured twice in the ICC's annual awards. It's State-Run Banks' NPAs Touched Rs 7.34 Lakh Crore- RBI
the first time since 2011 that the winner of the Test Player Data
of the Year Award was not also crowned the Cricketer of Bad loans of Public sector banks (PSBs) stood at Rs
the Year. Kohli was the fourth-highest run-scorer's in Tests 7.34 lakh crore by the end of second quarter this fiscal, a
in 2017. bulk of which came from corporate defaulters, private
sector banks' NPAs were considerably low.
1. Sir Garfield Sobers Trophy for ICC Men‘s Cricketer Moreover, for the recovery of the bad loans, the
of the Year - Virat Kohli (India) network of Debt Recovery Tribunals have been

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expanded to 39 at present, as compared to 33 in 2016- DCNS, are being built by Mazagon Dock Limited (MDL) in
17, as per data by by the RBI & the govt.. Mumbai as part of Project-75 of the Indian Navy.
The gross non-performing assets of the public sector & 3. Scorpene class submarine- The Navy is inducting six
private sector banks as on September 30, 2017, were Rs Scorpene-class submarines on a 3-billion dollar contract.
7,33,974 crore & Rs 1,02,808 crore, respectively. Construction for the first submarine, designated as MDL
Among the major govt.-owned banks, State Bank of Yard 11875 commenced in December 2006.
India had the highest level of NPAs at over Rs 1.86
lakh crore, followed by Punjab National Bank (Rs Static Takeawys from January 2018 Current Affairs
57,630 crore) & Bank of India (Rs 49,307 crore). Executive Chairman of Alibaba Group- Jack Yun MA,
Up to end-September, among private banks, ICICI Headquarters- Hangzhou, China.
Bank had the most amount of NPAs at Rs 44,237
crore, followed by Axis Bank (Rs 22,136 crore) & HDFC Axis Bank CEO & MD- Shikha Sharma, Head Office-
Bank (Rs 7,644 crore). Mumbai.
Google CEO- Sundar Pichai, Parent organization-
Small Savings Schemes‘ Interest Rates Cut by 20 bps Alphabet Inc., Headquarters- The USA.
Govt. slashed interest rates on small savings schemes, Paytm Founder- Vijay Shekhar Sharma, Headquarters-
including National Savings Certificate (NSC) & Public Noida.
Provident Fund (PPF), by 0.2 percentage point for the MD & CEO of Indian Overseas Bank- R
January-March period from the rates applicable in the Subramaniakumar, Headquarters- Chennai.
previous quarter. This will prompt banks to lower
MD & CEO of the National Housing Bank- Sriram
deposit rates.
Kalyanaraman, Headquarters- New Delhi.
Instrument Rate of Interest HDFC Bank is the first lender to cross Rs5-lakh crore
mark in market capitalisation.
National Savings Certificate (NSC) 7.6%
Ashu Suyash is the MD & CEO of CRISIL. Gurpreet
Sukanya Samriddhi Account 8.1%
Chhatwal President of CRISIL. It Headquarters in
Kisan Vikas Patra (KVP) 7.3% Mumbai.
Public Provident Fund (PPF) 7.6%
CRISIL- Credit Rating Information Services of India
Senior Citizens Savings Scheme 8.3%
Limited.
Savings Deposit 4%
5 Years Recurring Deposit 6.9% Atal Pension Yojana (APY): It was launched by PM
Modi in 2015. It is the first ever guaranteed pension
11th WTO Ministerial Conference Held in Argentina product, open to all citizens between the ages of 18 & 40
years. It provides a minimum guaranteed pension of
Eleventh World Trade Organization (WTO) Ministerial Rs1,000 to Rs5,000 per month, after the age of 60 years,
Conference (MC11) took place in Buenos Aires, depending on the monthly contribution made by a
Argentina. The Conference was chaired by Minister subscriber.
Susana Malcorra of Argentina. Indian Delegation was led Managing Director of IMF- Christine Lagarde,
by Minister of Commerce & Industry Suresh Prabhu. Headquarters in- Washington DC, USA.
Chairman & Managing Director of ONGC- Shashi
Narendra Modi Inducts Scorpene-Class Submarine Shanker, Headquarters- Uttarakhand.
Kalvari into Indian Navy Chairman & Managing Director HPCL- M.K.Surana,
PM Narendra Modi commissioned India's first modern Headquarters- Mumbai, Maharashtra.
conventional submarine, INS Kalvari, into Navy's fleet in
Headquarters of UN- New York
Mumbai, a first in almost two decades.
Kalvari is the first of the six Scorpene-class submarines United Nations is an international organization founded
handed over by shipbuilder Mazagon Dock Limited in 1945. It is currently made up of 193 Member States.
(MDL). WEF was established in 1971. President of the World
Economic Forum- Borge Brende.
Key facts to know about Kalvari Submarine- Chairman & MD of Capital First- V Vaidyanathan
1. Dreaded Tiger shark- Kalvari is named after the
Headquarters of IDFC Bank- Mumbai| Founder, MD &
dreaded tiger shark, a deadly deep-sea predator of the
CEO of IDFC Bank- Rajiv Lall
Indian Ocean.
2. French naval defense's design- The submarines, Indian Railways Finance Corporation: IRFC is a finance
designed by French naval defense & energy company arm of the Indian Railway. S K Pattanayak is Managing

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Director of IRFC. IRFC was set up on 12th December Govt. of India has approved Rs 1,756 crore for a period
1986. of three years for the revamping of 'Khelo India'.
Invoicemart CEO & MD- Kalyan Basu. Constituency of Rajyavardhan Rathore- Jaipur (Rural),
TReDS stands for Trade Receivables Discounting Rajasthan.
System. 1st Chief Election Commissioner of Independent India-
India Ratings is a subsidiary of Fitch Ratings. Brett Sukumar Sen.
Hemsley is Global Analytical Head for Fitch Ratings. UIDAI Chief Executive Officer(CEO)- Ajay Bhushan
MD & CEO of AU Small Finance Bank- Sanjay Agarwal, Pandey, Headquarters- New Delhi.
Headquarters- Jaipur, Rajasthan. Transport Minister of Delhi- Kailash Gahlot| Lieutenant
Phone Pe Chief Executive Officer (CEO)- Sameer Governor of Delhi- Anil Baijal.
Nigam. Myanmar State Counsellor- Aung San Suu Kyi, Capital-
CEO of Freecharge- Sangram Singh, Owner- Axis bank. Naypyidaw.
PNB Chairman- Sunil Mehta, Headquarters- New Delhi. SAARC- South Asian Association for Regional
World Bank's Prospects Group Director- Ayhan Kose. Cooperation. SAARC Secretariat is based in
Kathmandu, Nepal.
HSBC Headquarters in London, United Kingdom. |
Present CEO of HSBC- Stuart Gulliver. Arunachal Pradesh CM- Pema Khandu, Governor-
Brigadier BD Mishra.
HDFC Bank- India‘s largest private bank by market
capitalization| HDFC Bank Chairman- Aditya Puri. FTII Pune Established in - 1960, Current Chairman -
Anupam Kher.
NABARD-National Bank for Agriculture & Rural
Development. NABARD Chairman- Harsh Kumar Governor of Rajasthan- Kalyan Singh.
Bhanwala, Headquarters- Mumbai. Chairman of Indian Oil- Sanjiv Singh.
Allahabad Bank MD & CEO- Usha VSSC had a small beginning in Thiruvananthapuram,
Ananthasubramanian, Headquarters- Kolkata. Kerala on the south-west coast of India, in 1962.
Andhra Pradesh Grameena Vikas Bank Chairman- Sanjaya Baru is the Secretary General of FICCI.
Narasi Reddy. Facebook CEO- Mark Zuckerberg.
MD & CEO of India Post Payments Bank- Suresh Sethi. The four mints operationalized in Idia are located in
| DG & CEO of IICA- Gyaneshwar Kumar Singh. Kolkata, Noida, Hyderabad, & Mumbai.
TIHCL‘s Advisor & Director- B Yerram Raju The first woman to be appointed as a judge of SC since
Paytm Payments Bank MD & CEO- Renu Satti. independence was Justice M Fathima Beevi in 1989.
IndusInd Bank Chairman- R. Seshasayee, Headquarter- IOA President- Narinder Dhruv Batra.
Mumbai, Owner- Hinduja Group. WBCSD CEO & President- Peter Bakker.
SAG aims at empowering out of school adolescent girls ISRO was established in 1969. Founder & 1st Chairman
of 11 to 14 years by improving their nutritional & health of ISRO- Vikram Ambalal Sarabhai, Headquarters in-
status, upgrading their skills. | Minister of Women & Bengaluru, Karnataka.
Child Development- Maneka Gandhi. NPCI is an umbrella organisation for retail payment
Himachal Pradesh Governor- Acharya Dev Vrat. systems in India. NPCI's Registered Office is in
SC Jamir is the present Governor of Odisha. Mumbai.
John Mathai was the first Railway Minister of Meghalaya CM- Mukul Sangma, Governor- Ganga
Independent India. Prasad.
KVIC Chairman- V K Saxena. NDMC Chairman- Sikkim Governor- Shriniwas Dadasaheb Patil.
Naresh Kumar. National Security Council is headed by the PM. It is the
AYUSH- Ministry of Ayurveda, Yoga & Naturopathy, apex body on all internal & external security-related
Unani, Siddha & Homoeopathy. matters.
Andhra Pradesh Governor- ESL Narasimhan. Riva Ganguly Das is the Director General of ICCR.
Zurich is the capital of Canton of Zurich Valletta is the smallest capital in the European Union. It
ASEAN Secretariat- Jakarta, Indonesia| Secretary- is located in a fortress & is a UNESCO World Heritage
General of ASEAN 2018 -2022 is H.E. Lim Jock Hoi. Site.
PM of Israel- Benjamin Netanyahu| President of Israel- SCO comprises of China, Kazakhstan, Kyrgyzstan,
Reuven Rivlin. Israeli Shekel is the currency of Israel. Russia, Tajikistan, Uzbekistan, India & Pakistan. India &
Puducherry CM- V. Narayanasamy, Gov- Kiran Bedi

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Pakistan were admitted in 2017 into the grouping in Micro, Small & Medium Enterprises (MSME) Minister-
which China plays an influential role. Giriraj Singh.
South Korea President- Moon Jae-in, North Korea Governor of Maharashtra- Chennamaneni Vidyasagar
Supreme Leader- Kim Jong-un. Rao. CM of Maharashtra- Devendra Fadnavis.
Avtar Singh Cheema was the first Indian to climb V.P. Singh Badnore is the present Governor of Punjab.
Mount Everest successfully. National Disaster Management Authority (NDMA)
Mount Everest is the tallest Mountain (by Elevation) in Chairman- India's fifteenth PM, Narendra Modi.
the world. 'Transport for London‘ is a statutory body established
UNESCO- United Nations Educational, Scientific & under Greater London Authority Act, 1999 (UK) to
Cultural Organization. France's Audrey Azoulay- 11th improve public transport in India.
DG of UNESCO, Headquarters- Paris, France. Bihar Governor- Satya Pal Malik, CM- Nitish Kumar.
UAE Capital- Abu Dhabi, Currency- Dirham. This year a special regional Pravasi Bharatiya Divas to
Cochin Port Trust Chairman- P.Raveendran. commemorate 25 years of partnership between India &
Admiral Sunil Lanba is the present Chairman of Indian the Association of South East Asian Nations Submit
Navy. (ASEAN) is being held in Singapore.
IATA's Director General & CEO- Alexandre de Juniac, Established in 2003, & sponsored by the Ministry of
Headquarters- Montreal, Canada. External Affairs of the Govt. of India, the Pravasi
Karnataka CM- Siddaramaiah, Governor- Vajubhai Bharatiya Divas is held from 7-9 January every year.
Vala. Research Designs & Standards Organisation
Om Prakash Rawat has been appointed as the next headquartered in Lucknow.
(22nd) chief election commissioner (CEC) of India. Dublin is the capital city of Ireland.
Uttar Pradesh CM- Yogi Adityanath, Governor- Ram Present DG of WTO- Roberto Azevedo.
Naik. ICC Chief Executive- David Richardson, Headquarters-
Sanjay Kumar is the Director General of NDRF. NDRF Dubai, United Arab Emirates.
came into existence on 19th January 2006. Sweden Capital- Stockholm, Currency- Swedish krona.

Static Take Aways December 2017 Current Affairs


K K Sharma, DG, BSF. HQ:- New Delhi. BR Ambedkar- Independent India's first law minister.
SIMBEX is the Joint Military Exercise between India & Passed Away: 6 December 1956. His Place of Birth: Mhow
Singapore. in Central Provinces (currently Madhya Pradesh).
Halimah Yacob named Singapore's first female president. NITI- National Institution for Transforming India.
Nagaland CM- T R Zeliang, Governor- Padmanabha Chairperson- Narendra Modi, Vice Chairperson- Dr. Rajiv
Balakrishna Acharya. Kumar.
Secretary-General of IMO- Kitack Lim, HQ:- London, UK. J. P. Nadda- Union Minister of Health & Family Welfare.
2018 Youth Olympics, Buenos Aires, Argentina. Sriharsha Majety- CEO & Co-founder of Swiggy.
Gujarat CM- Vijaybhai R. Rupani, Governor- OP Kohli. Legislature or Parliament is headed by President of India.
Andhra Pradesh CM- Chandra Babu Naidu, Governor- As per the World Bank, Financial inclusion means that
ESL Narsimhan. individuals & businesses have access to useful &
HDFC Bank- India‘s largest private bank by market affordable financial products & services that meet their
capitalization needs – transactions, payments, savings, credit & insurance
AYUSH- Ayurveda, Yoga & Naturopathy, Unani, Siddha – delivered in a responsible & sustainable way.
& Homoeopathy. Minister- Shripad Yesso Naik. PCA- Prompt Corrective Action.
21st FIFA World Cup in, 2018, in 11 Russian cities. Corporation Bank Managing Director & CEO- Jai Kumar
Food & Agriculture Organization of the United Nations Garg, Headquarter- Mangalore, Karnataka.
HQ: in Rome, Italy. OBOPAY Established in- 2005, Chairman- D.
CM, Kerala is Pinarayi Vijayan. Padmanabhan, Head Office- Bengaluru, Karnataka.
M Venkaiah Naidu is the 13th VP if India. BCCI President- Vinod Rai.
ISA, headquartered in India & its secretariat located in BARC (Broadcast Audience Research Council) India is an
National Institute of Solar Energy, Gurgaon, Haryana. industry body set up to design, commission, supervise &
International Olympic Committee headquarter-Lausanne, own an accurate, reliable & timely television audience
Switzerland. measurement system for India. BARC India CEO- Partho
UNICEF Headquarter - New York, United States. Dasgupta.
CM of Tamil Nadu- Edappadi Palaniswami.

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The first finance minister of independent India was R. K. ICRA Limited (formerly Investment Information & Credit
Shanmukham Chetty, who also presented its first Budget. Rating Agency of India Limited) was set up in 1991.
National Informatics Centre (NIC) was established in 1976. CEO of Ola- Bhavish Aggarwal, HQ:- Bengaluru.
Smt. Neeta Verma- Director-General of NIC, Headoffice- Lakshwadeep Administrator- Farooq Khan.
New Delhi. The two main rivers of Assam are Brahmaputra & Barak.
International Buddhist Confederation is the biggest Minister of State for Skill Development &
religious Buddhist confederation, based in Delhi, India. Entrepreneurship- Anantkumar Hegde.
SEBI- Securities & Exchange Board of India. Chairman- IBRD- International Bank for Reconstruction &
Ajay Tyagi, HQ:- Mumbai. Development.
Air India Founded: 15 October 1932 (as Tata Airlines), Bank of India was founded on 7th September, 1906.
HQ:- Delhi Managing Director & CEO- Dinabandhu Mohapatra.
Germany Capital- Berlin, Currency- Euro. Competition Commission of India (CCI) Chairperson-
Delhi CM- Arvind Kejriwal, Lt. Governor- Anil Baijal. Ashok Chawla.
Minister of Water Resources, River Development & Ganga AU Small Finance Bank HQ:- Jaipur, Rajasthan, Started in-
Rejuvenation- Nitin J Gadkari. 1996, Chairman- Mannil Venugopalan.
Kacheguda Railway Station- Situated in Hyderabad. YES Bank MD & Chief Executive- Rana Kapoor, HQ:-
Wassenaar Arrangement Secretariat- Vienna, Austria. The Mumbai.
current Head of Secretariat- Ambassador Philip Griffiths 1st Railway Minister of Independent India- John Mathai.
(New Zealand). Present Textile Minister of India- Smriti Zubin Irani.
NCDEX- National Commodity & Derivatives Exchange, MD & CEO of United Bank of India- Pawan Kumar Bajaj,
Samir Shah- Managing Director, NCDEX. Arun Thukral- HQ:- Kolkata, West Bengal.
Managing Director, Axis Securities. Gold Coast, Australia, will host the next Commonwealth
WTO Director-General- Roberto Azevêdo, Established- 1 Games in 2018.
January 1995, HQ:- Geneva, Switzerland. Water Resources & Ganga Rejuvenation Minister- Nitin
IEA Executive Director- Fatih Birol, Established in- 1974, Gadkari.
Secretariat- Paris, France. Srivatsa Krishna- Secretary, Coffee Board of Karnataka.
A.K. Panda- Secretary, MSME. Anil Bhandari- President, India Coffee Trust.
BIMSTEC- The Bay of Bengal Initiative for Multi-Sectoral D. Rajkumar- Chairman & Managing Director of BPCL.
Technical & Economic Cooperation. It came into being on 6 Founder & Executive Chairman of WEF- Klaus Schwab,
June 1997. BIMSTEC member states are India, Bangladesh, HQ:- Geneva, Switzerland.
Bhutan, Myanmar, Nepal, Sri Lanka & Thailand. Samsung is the Korean Based company. Dr. Oh-Hyun
FIFA President- Gianna Infantino. Kwon- Chief Executive Officer & Chairman of Samsung.
ASEAN comprises Brunei, Cambodia, Indonesia, Laos, IRDAI- Insurance Regulatory & Development Authority of
Malaysia, Myanmar, the Philippines, Singapore, Thailand, India. T.S.Vijayan- Chairman of IRDAI.
& Vietnam. GIFT City- Gujarat International Finance-Tec City
Mizoram CM- Lal Thanhawla, Governor- Lt. General HAL Chairman & Managing Director (CMD)- T. Suvarna
(Retd.) Nirbhay Sharma Raju.
XXIII Olympic Winter Games will be held from 9 to 25 PETA is the largest animal rights organization in the
February 2018 in PyeongChang, the Republic of Korea. world. Ingrid Newkirk- President, PETA.
CMD DishTV India Limited- Mr. Jawahar Goel. CM of West Bengal- Mamta Bannerjee, Governor- Keshari
Syndicate Bank MD & CEO- Melwyn Rego, HQ:- Manipal. Nath Tripathi.
ICICI CEO- Chanda Kochhar, Headquarter- Mumbai. IDBI MD & CEO- Mahesh Kumar Jain, Headquarter-
Goa CM- Manohar Parrikar, Governor- Mridula Sinha. Mumbai.
Non-Executive Chairman & an Independent Director of BC Tripathi- Chairman & Managing Director of GAIL.
ICRA- Arun Duggal, Governor of Bihar- Satya Pal Malik

Static Take-Aways November 2017 Current Affairs


The permanent members of the Security Council are President, EBRD- Suma Chakrabarti | HQ: London,UK
USA, Russia, France, UK & China. President of Sri Lanka- Maithripala Sirisena
International Court of Justice HQ: Hague, Netherlands. Western Naval Command (HQ: at Mumbai).
Haryana CM- Manohar Lal Khattar, Governor- Kaptan The Eastern Naval Command (HQ: at Visakhapatnam).
Singh Solanki. The Southern Naval Command (HQ: at Kochi).
Minister of Drinking Water & Sanitation- Uma Bharati. Chilika lake located in Odisha.
Blue Revolution: Integrated Development & Radha Mohan Singh is Union Agriculture Minister.
Management of Fisheries. Constituency - Purvi Champaran (Bihar).
Managing Director & CEO of Andhra Bank- Suresh N Secretary general of UN- Antonio Guterres.
Patel. Headquarter- Hyderabad, Telangana. RBL Bank MD & CEO- Vishwavir Ahuja, Corporate
HQ: of United Nations- New York, USA. Office- Mumbai, Maharashtra.

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Golden temple is in Amritsar, Punjab. CM of Punjab is New Delhi.
Amarinder Singh. Arjan Singh Bhullar- 1st Indian-origin fighter to be
Current Governor of Punjab is V P Singh Badnore. signed by the UFC.
Vice Chairman of NITI Aayog is Rajiv Kumar. Communication Minister- Manoj Sinha,
HQ: of ‗Coinome‘ is located in Mumbai. CEO of Electronics & IT Minister- Ravi Shankar Prasad.
Coinome is Vivek Steve Francis. Air India CMD- Rajiv Bansal.
HQ: of BOB is in Vadodara, Gujarat & Tagline is MD & CEO of Bank of India- Dinabandhu Mohapatra,
‗India‘s International Bank‘. Current MD & CEO of HQ:- Mumbai, Maharashtra.
BOB is P S Jayakumar. FIFA World Cup 2018- in Russia
ADB has its Headquarter in Mandaluyong, Ministry of Electronics & Information Technology-
Philippines. President of ADB is Takehiko Nakao. Ravi Shankar Prasad.
Civil Aviation Secretary is R N ChoubeyMinister of APCERT- Asia Pacific Computer Emergency Response
Civil Aviation is Ashok Gajapathi Raju Pusapati. Team.
Mridula Sinha is the Governor of Goa. ISA- International Solar Alliance.
HQ: of IOC- Lausanne, Switzerland. The 2020 Summer June 21- UN-designated- International Yoga Day- in
Olympics held in- Tokyo (Japan) in 2020. President of 2015.
IOC- Thomas Bach. Japan Capital- Tokyo, PM- Shinzo Abe.
Smriti Irani is union Information & Broadcasting & Home Minister of India- Rajnath Singh.
Textiles Minister. Union Minister of State (I/C) for Development of
Raman Singh is CM of Chhatisgarh. Balram Das North Eastern Region (DoNER): Dr. Jitendra Singh.
Tandon is present Governor of Chhatisgarh. Nagaland CM- T.R. Zeliang, Governor- P.B. Acharya.
Dudhawa Dam located in Chhattisgarh across the Jharkhand was created on the birthday of Birsa Munda
Mahanadi river. who fought against the British.
AIBA HQ: is in Lausanne, Switzerland. FSIAB- Financial Stability Institute Advisory Board.
NGT, HQ- New Delhi, Established- November 2010. BIS- Bank of International Settlement.
IDFC Bank MD & CEO- Sunil Kakkar, HQ:- Mumbai. Maharashtra CM- Devendra Fadnavis, Governor-
HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai. Chennamaneni Vidyasagar Rao.
Bank of China Chairman- Chen Siqing. WHO Director-General- Tedros Adhanom
State Bank of Pakistan (SBP) Governor- Tariq Bajwa. Ghebreyesus, Headquarter- Geneva, Switzerland.
Dharmendra Pradhan- Minister of Skill Development WPO- World Packaging Organisation, Founded in-
& Entrepreneurship. September 6, 1968 in Tokyo, Japan.
Adani Power Chairman & Founder- Gautam Adani, WPO President- Mr. Thomas Schneider.
Headoffice- Ahmedabad, Gujarat. Indira Gandhi was born on- 19th November 1917|
Jharkhand CM- Raghubar Das, Governor- Droupadi Assassination- 31st October 1984| Shakti Sthal-
Murmu. Memorial to Indira Gandhi
Federal Bank MD & CEO- Shyam Srinivasan. RBL Bank MD & CEO- Vishwavir Ahuja, Corporate
Kuwait Capital- Kuwait City, Currency- Kuwaiti Dinar Office- Mumbai, Maharashtra.
(world's highest-valued currency unit). General Bipin Rawat is the present & 27th Chief of
NDMA Chairman- PM Narendra Modi, Headquarter- Army Staff.
New Delhi. COP 22 was held in Marrakesh, Morocco.
Minister of Environment, Forest & Climate Change: Dr. Piyush Goyal is the Present Minister of Railways.
Harsh Vardhan. Antonio Guterres is the Secretary general of United
Union Home Minister- Mr. Rajnath Singh. Nations. UN HQ: in New York, United Nations.
Urjit Patel- 24th Governor, RBI, Headquarter- Mumbai. S. Christopher is the present Chairman of DRDO.
Asia-Pacific Economic Cooperation (APEC) Est: 1989, Irina Bokova is the Present Director-General of
HQ:- Singapore, Current Chairperson- Tran Dai UNESCO. UNESCO HQ: in Paris, France.
Quang. 2016 APEC held in- Lima, Peru. Majuli is a river island in the Brahmaputra River,
Menaka Gandhi- Cabinet Minister of Women & Child Assam. It is India‘s first island district & world‘s
Development largest river island.
Softbank Chairman & CEO- Masayoshi Son, HQ:- Natarajan Chandrasekaran is the Chairman of TATA
Tokyo, Japan. Steels.
PNB MetLife India Insurance MD & CEO- Ashish Harsimrat Kaur Badal, the Union Cabinet Minister of
Srivastava, Food Processing
CPCB Chairman- S.P. Singh Parihar, Headquarter- Tedros Adhanom Ghebreyesus is the WHO‘s Director
New Delhi. General. WHO HQ: in Geneva, Switzerland.
AIFF President- Praful M Patel, Headquarter- Dwarka, Jamsetji Tata was the founder of TATA Steels. It HQ: in
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Mumbai, Maharashtra. BHIM- Bharat Interface for Money, UPI- Unified
Bharti AXA Life is a life Insurance player that was Payment Interface.
started in 2006. It brings together the Paris- Rajiv Kumar- Financial Services Secretary.
headquartered AXA Group & Bharti Enterprises. Ajay Narayan Jha- Expenditure Secretary,
Martina Hingis is from Switzerland. Neeraj Kumar Gupta- Secretary, DIPAM.
WEF, HQ: in Geneva, Switzerland. Klaus Schwab is the Subhash Chandra Garg- Economic Affairs Secretary.
Founder & Executive Chairman of WEF.
Siddaramaiah is the present CM of Karnataka.
Vajubhai Vala is the present Governor of Karnataka.
Krish Iyer is the President & CEO of Walmart India.
ONGC stands for Oil & Natural Gas Corporation
Limited. Shashi Shankar has been recently appointed
CMD of ONGC.
Lt Gen SK Shrivastava is the Director General Border
Roads Organization.
Sushil Chandra is the Chairman of Central Board of
Direct Taxes (CBDT).
Boxing Federation of India (BFI) President- Ajay Singh.
AIBA- Amateur International Boxing Association.
AIBA President- Dr Ching-Kuo Wu, HQ:- Switzerland.
Ambassador for AIBA Youth Women‘s World Boxing
Championship 2017- Mary Kom.
Twitter CEO- Jack Dorsey, HQ:- California, USA.
Microsoft CEO- Satya Nadella.
Apollo Munich Health Insurance, CEO- Antony Jacob.

Current Affairs Injections: 1st to 6th February 2018


India has slipped to 42nd place on an annual Global Cochin Shipyard Limited (CSL) & Joint Stock Company
Democracy Index as per the data compiled by the United Shipbuilding Corporation (USC), Russia have
Economist Intelligence Unit (EIU). The top 5 Countries signed an MoU to collaborate & engage in Design,
in the list are: Norway, Iceland, Sweden, New Zealand Development & Execution of contemporary, State-of-
& Denmark. Art vessels for Inland & Coastal Waterways. It will give
CSO revised the gross domestic product (GDP) growth a push to the Government‘s Make-in-India programme.
rate for 2015-16 to 8.2% from the earlier estimates of 8% The 7th India Energy Congress was held in New Delhi.
& kept the 2016-17 growth unchanged at 7.1%. The real The theme of the 7th edition of India Energy Congress is
GDP or GDP at constant (2011-12) prices for the years 'Energy 4.0: Energy Transition Towards 2030'.
2016-17 & 2015-16 stand at Rs121.96 trillion & Rs113.86 The 32nd Surajkund International Crafts Mela has
trillion respectively. In terms of real gross value added begun in Faridabad, Haryana. The Mela is organized by
(GVA), it stated that the GVA at constant (2011-12) basic the Surajkund Mela Authority & Haryana Tourism. This
prices grew 7.1% in 2016- 17, as against a growth of year Uttar Pradesh is the theme state & Kyrgyzstan is
8.1% in 2015-16. the Partner Nation.
The government & World Bank signed a $100 million United Arab Emirates has made a record by opening the
(about Rs 6,40 crore) loan agreement to promote rural world's longest zip line, measuring 2.83 km in length.
economy in selected blocks of Tamil Nadu across 26 Guinness World Records officials certified the zip line in
districts, benefiting over 4 lakh people. Ras al-Khaimah.
Lt. Gen Anil Chauhan took charge as the new Director Rwanda become the first low-income country to
General of Military Operations (DGMO) of the Indian provide universal eye care for its 12 million population.
Army. He succeeds Lt General A K Bhatt. Indian Overseas Bank (IOB) has received Rs173.06 crore
The world's oldest man Francisco Nunez Olivera has capital infusion from the government in the current
died just over a month after celebrating his 113th fiscal.
birthday. Indian Olympic Association (IOA) appointed its joint
India has joined Ashgabat Agreement on the secretary Vikram Singh Sisodia as the Chef-de-Mission
establishment of an International Transport & Transit for the upcoming Commonwealth Games to be held in
Corridor between the Iran, Oman, Turkmenistan & Gold Coast, Australia.
Uzbekistan.
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Senior-most Indian Information Service (IIS) officer The First ever International Kala Mela was inaugurated
Neelam Kapur was appointed Director-General of by the VP, Shri M. Venkaiah Naidu in New Delhi.
Sports Authority of India (SAI). It is for the first time Maharashtra govt. approved Ghodazari in Chandrapur
that an IIS officer has been appointed as SAI chief. district as a new wildlife sanctuary in the state. It will
Magahi writer Shesh Anand Madhukar, who has been include 159 sq km of Brahmapuri forest.
working extensively for the development of the Inland Waterways Authority of India (IWAI) signed a
language, was honoured with this year's Sahitya project agreement with World Bank for Jal Marg Vikas
Akademi Bhasha Samman award. Project on river Ganga. World Bank entered into a USD
The five-time World Champion MC Mary Kom claimed 375 million loan agreement with the Department of
the gold medal in the India Open International Boxing Economic Affairs for Jal Marg Vikas Project (JMVP).
tournament at Thyagraj Indoor Stadium in New Delhi. The book penned down by PM Narendra Modi named
She defeated Josie Gabuco from the Philippines to grab 'Exam Warriors' was launched to reach out to the
the gold in the women's 48kg weight category. students across the country ahead of their exams. The
The first two-day Global Investment Summit has been book was released by External Affairs Minister Sushma
organized in Assam. The summit emphasises on Swaraj.
promoting investments in the state & the North East. World Cancer Day is observed on 4th February every
The conference was inaugurated by Prime Minister year to raise awareness about cancer, its treatment & to
Narendra Modi. encourage methods of its prevention. The theme for
External Affairs Minister (EAM) Sushma Swaraj has WCD 2016-18 is 'We can, I Can'.
returned home after successful completion of the Japan Aerospace Exploration Agency (JAXA) launched
goodwill visit to Nepal. This was the first high-level world‘s smallest rocket with the ability to put a tiny
visit from India after completion of historic three-tier satellite into orbit. It carried a microsatellite TRICOM-
elections in Nepal. In her first meeting, Swaraj held 1R, a three-unit CubeSat weighing about 3 kilograms.
talks with CPN (Maoist Center) Chairman Pushpa Sri Lanka celebrated the 70th Independence Day on 4th
Kamal Dahal Prachanda. February 2018 in Colombo. The theme of the ceremony
Union Minister for Finance & Corporate Affairs Mr was "One Nation".
Arun Jaitley launched CriSidEx, India‘s first sentiment President of Bangladesh, Abdul Hamid appointed Syed
index for micro & small enterprises ( MSEs) developed Mahmud Hossain as the new Chief Justice of the
jointly by CRISIL & SIDBI. CriSidEx is a composite country. Justice Hossain is the 22nd chief justice of
index based on a diffusion index of 8 parameters & Bangladesh.
measures MSE business sentiment on a scale of 0 Cyprus President Nicos Anastasiades has won re-
(extremely negative ) to 200 ( extremely positive). election for a second term.
Alphabet has appointed John L. Hennessy as the new India Open is a badminton event held annually at the
board chairman of the company. He has replaced Eric Siri Fort Sports Complex, New Delhi. In women's
Schmidt. singles Defending champion P V Sindhu was defeated
Shabnam Asthana was awarded the 'Times Power by American Beiwen Zhang to finish runner-up at the
Women of the Year 2017'- Pune for Global PR. India Open Super 500 tournament.
Mumbai International Film Festival (MIFF) committee Indian cricketers Jasprit Bumrah & Harmanpreet Kaur
has decided to bestow V. Shantaram lifetime as well India women‘s hockey team goalkeeper Savita
achievement Award to veteran film producer & director Punia & shooter Heena Sidhu are among Forbes India
Shyam Benegal. 30 Under 30 list.
India has defeated Australia to lift the Under 19 World National News
cup for the fourth time. The Men in Blue defeated the External Affairs Minister Sushma Swaraj has left for her
three-time champions Australia at Bay Oval, New first official visit to Saudi Arabia. During her visit, she
Zealand. Manjot Kalra was the Hero of the match with will meet with the Saudi leadership to discuss bilateral,
his brilliant century. regional & global issues of mutual interest. She will also
Manjot Kalra was declared Man of the Match. Shubman participate in the National Heritage & Culture Festival
Gill was declared Player of the Tournament. Anukul ‗Janadriyah‘.
Roy finished the 2018 edition with joint-highest 14 India successfully test-fired the indigenously developed
wickets. short-range nuclear capable Agni-I ballistic missile. The
India‘s leading squash player, Saurav Ghosal jumped missile was fired from the Abdul Kalam Island off
five places to No. 14 to become the highest ranked Odisha coast. The range of Missile is 700 km. It was 18th
Indian in the latest Professional Squash Association version of Agni-I.
(PSA) rankings.

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Cab-hailing startup Ola & the Government of Assam AE affected districts which mostly fall in the Tarai
signed an MoU to pilot an app-based river taxi service region.
in Guwahati. The river taxis will be machine-operated Sweden & the United Nations World Food Programme
boats & users will be able to book the rides through signed a Strategic Partnership Agreement committing
Ola's app. an unprecedented $370 million dollars to WFP over the
Chhatrapati Shivaji Maharaj International airport of next four years. The contribution for the period 2018-
Mumbai sets record with 980 flights in 24 hours or 2021 is the biggest ever made by a donor within a WFP
almost one flight every minute. With this, the Mumbai Strategic Partnership Agreement.
Chhatrapati Shivaji Maharaj International airport Maldives president, Abdulla Yameen, has declared a
bettered its own feat of 974 flights in 24 hours, recorded state of emergency in the country as heavily armed
in December 2017. While Gatwick, the U.K.‘s second- troops stormed the country‘s top court & a former
largest airport, remains the most efficient single-runway president Chief Justice Abdulla Saeed was arrested in a
airport in the world. deepening political crisis.
Uttar Pradesh State government in association with Jerome H Powell was sworn in as the 16th Chairman of
UNICEF has launched massive door to door campaign the Federal Reserve for a four-year term. Mr Powell has
DASTAK to eradicate deadly Acute Encephalitis succeeded Janet Yellen, the first woman to lead the US
Syndrome (AES) & Japanise Encephalitis (JE) disease in central bank in its 100-year history.
the state. The war cry of DASTAK is 'Darwaja Shubhankar Sharma has emerged as the best Indian
Khatkhatao, AES aur JE ko bhagao'. In DASTAK golfer in the world, grabbing the 72nd position in the
campaign, whole state machinery with the help of Official World Golf Ranking (OWGR). Dustin Johnson
UNICEF will now literally go door to door in 38 JES & from the USA is currently the World Number 1 in
Official World Golf Ranking.

Static Takeaways from February 2018 Current Affairs


Kyrgyzstan Capital: Bishkek, Currency: Kyrgyzstani 21st Commonwealth Games will be held from April 4 to
som. 15 in Gold Coast, the second largest city in Australia.
Iran Capital- Tehran, Currency- Iranian rial. Gregory Gaultier from France is currently at No. 1
Oman Capital- Muscat, Currency- Omani rial. Position in the Professional Squash Association (PSA)
Turkmenistan Capital- Ashgabat, Currency- rankings.
Turkmenistan manat. Minister of State for Culture (I/C) & Environment,
Uzbekistan Capital - Tashkent, Currency- Uzbekistani Forest & Climate Change is Dr Mahesh Sharma.
som. Maharashtra Governor- C V Rao.
Chairman & Managing Director, Cochin Shipyard Jim Yong Kim is the 12th President of the World Bank
Limited- Shri Madhu S Nair. Group.
United Shipbuilding Corporation President- Alexey Cyprus Capital- Nicosia, Currency- Euro.
Rakhmanov. The 15-metre-long Agni-I weighing 12 tonnes can carry
Sagarmala Program aims to promote port-led payloads up to 1,000 kg.
development in the country. The concept of Sagarmala United Nations International Children's Education
was approved by the Union Cabinet on 25th March Fund (UNICEF) is a UN program headquartered in
2015. New York City, the USA. Henrietta H. Fore is the
UAE Capital- Abu Dhabi, Currency- UAE dirham. Executive Director of UNICEF.
Rwanda Capital- Kigali, Currency- Rwandan franc, Sweden Capital- Stockholm, Currency- Swedish krona.
President- Paul Kagame. Maldives Capital- Male, Currency- Maldivian rufiyaa.
IOB MD & CEO- R. Subramaniakumar, Headquarters- The Federal Reserve System is the central banking
Chennai. system of the United States. It was created on
December 23, 1913.

BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS


RBI in News growth. IDBI Bank will get the most- Rs10,610 crore
Govt. announced 88,139 crore rupees capital infusion followed by State Bank of India 8,800 crore rupees.
in 20 public sector banks, PSBs, during the current As per Finance Ministry, RBI Bonds Scheme has not
fiscal ending 31st March to boost lending & revive been closed but the interest rate on such papers
lowered to 7.75%. 8% Savings Bonds Scheme, also
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known as RBI Bonds Scheme, is not being closed but is RBI reportedly rejected HDFC Bank's plea to
being replaced by 7.75% Savings Bonds Scheme. declassify its parent Housing Development Finance
RBI initiated 'prompt corrective action' (PCA) against Corporation Limited (HDFC) as a foreign institutional
Allahabad Bank over its high bad loans. There are investor (FII).
total 11 banks on which RBI has initiated PCA till date. RBI Governor Urjit Patel appointed to the Financial
RBI issued Rs10 denomination banknotes in the Stability Institute Advisory Board of Bank of
Mahatma Gandhi (New) Series. The new denomination International Settlement (BIS). BIS is a global financial
has the motif of Sun Temple, Konark on the reverse. organization owned by major central banks from across
The base colour of the note is Chocolate Brown. The the world.
dimension of the banknote will be 63 mm x 123 mm. As per RBI, all the corporate borrowers having
As per RBI, housing loans in up to Rs. 2 lakh slab had exposure of Rs. 5 crores & above mandatorily to obtain
the highest level of non-performing assets (NPAs). 20-digit Legal Entity Identifier (LEI). Banks also
RBI put Kolkata-based United Bank of India under the required to acquire LEI number from borrowers &
prompt corrective action (PCA) framework. submit it to Central Repository of Information on Large
RBI placed Bank of India under Prompt Corrective Credits (CRILC).
Action Framework. RBI constituted a 10-member ‗High Level Task Force
RBI imposed a penalty of Rs 5 crore on Syndicate Bank on Public Credit Registry (PCR) for India‘, which will
for non-compliance with its directions on "Cheque suggest a roadmap for developing a transparent,
Purchase or Discounting, Bill Discounting, & KYC comprehensive & near-real-time PCR for India. The
norms. committee will be Headed by YM Deosthalee, ex-CMD,
As per the IT Ministry, govt. will bear the Merchant L&T Finance Holdings.
Discount Rate (MDR) charges on transactions up to Rs Indian govt. announced an allocation of Rs 2.11 lakh
2,000 made through debit cards, BHIM UPI or crore over 2 years for the recapitalization of public
Aadhaar-enabled payment systems to promote digital sector banks. As part of the plan, the government will
transactions. essentially issue bonds to banks worth Rs 1.35 lakh
RBI increased the limits for investment by foreign crore while Rs 76,000 crore will come through
portfolio investors (FPIs) for Jan-Mar 2018 budgetary support.
quarter by Rs 6,400 crore in Central Govt. Securities After making Legal Entity Identifier (LEI) mandatory
(G-Secs) & Rs 5,800 crore in State development loans for transactions in interest rate, forex & credit derivative
(SDLs) {Rs. 2,56,400 crores in G-Secs} market, RBI is set to make LEI compulsory for
RBI imposed Rs 3 crore penalty on IndusInd Bank for companies having aggregate fund-based & non-fund
breaching rules on income classification norms. based exposure over Rs 5 crore. Banks will be required
RBI has triggered prompt corrective action against to capture this number in the Central Repository of
Corporation Bank, in view of high non-performing Information on Large Credits (CRILC) database that
loans & requirement to raise capital. captures details of loan above Rs 5 crore. The LEI
OBOPAY announced that the company has secured a number will help banks in monitoring the aggregate
license for Prepaid Payment Instrument (PPI) from exposure of corporate borrowers. Firms can obtain their
RBI to operate a semi-closed loop wallet in the country. LEI code from Legal Entity Identifier India Ltd. (LEIL).
RBI allowed Asset Reconstruction Companies (ARCs) RBI issued guidelines to banks to provide funds to
to hold more than 26% post conversion of debt into women self help groups, SHGs, in rural areas at 7%
equity in companies undergoing restructuring. under the Deendayal Antyodaya Yojana - National
One rupee note turns 100 on 30th November 2017. The Rural Livelihoods Mission (DAY-NRLM) in the current
first one-rupee note was printed in India with the photo fiscal (2017-18).
of King George V. Government made it mandatory for banks & financial
Non-banking financial companies (NBFCs) cannot institutions to check the original identification
outsource core management functions like internal documents of individuals dealing in cash above Rs.
audit, strategic & compliance functions for KYC norms, 50,000, to weed out the use of forged or fake copies.
sanction of loans & management of investment RBI opened a branch in the Dehradun city to make
portfolio. As per the notification, access to customer transactions of the Uttarakhand State government
information by staff of the service provider shall be on more convenient.
'need to know' basis i.e., limited to those areas where As per the direction by RBI, banks need to provide
the information is required in order to perform the banking services to senior citizens of more than 70
outsourced function. years of age & differently-abled persons at doorstep.

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SBI IN NEWS Bank of Baroda entered into MoU with POORTI Agri
SBI & NABARD signed an agreement with five NGOs Services Pvt. Ltd to enable the farmers to purchase
in Bengal for the promotion of 2,500 joint liability agricultural inputs such as fertilizers, pesticides, seeds
groups (JLGs) in select districts of the State. JLGs are etc. provided by POORTI.
informal groups of 4-10 members engaged in similar IDBI Bank received the capital infusion of Rs 2,729
economic activities & willing to jointly undertake the crore from the govt. of India.
responsibility to repay loans taken by the group from a Bank of India received capital infusion of Rs. 2,257
bank. crores from the govt.
A pilot scheme of credit cards for farmers is launched Allahabad Bank entered into an agreement with state-
by SBI. With this, it will extend credit facility to farmers run National e-Governance Services Limited (NeSL)
for 40 days just like regular credit card. for utilizing the NeSL‘s Information Utility Services
As per SBI, its board has approved raising Rs 8,000 envisaged under the Insolvency & Bankruptcy Code,
crore through various sources, including masala 2016.
bonds, to meet Basel III capital norms. Corporation Bank launched its RuPay Select & RuPay
SBI introduced a loyalty program for its valued Platinum credit cards. Jai Kumar Garg, MD & CEO
customers named as State Bank Rewardz, which gives unveiled it.
the customers several opportunities to earn reward Andhra Bank launched a new scheme for self-help
points & earn many times faster at Max Get More groups (SHGs) to encourage entrepreneurship. The
partner outlets. scheme, Pattabhi Sitaramayya — Self Business Group
SBI launched a unified integrated app called YONO (PS-SBG), introduced to commemorate the 138th birth
(You Need Only One) that would offer all kinds of anniversary of its founder Bhogaraju Pattabhi
financial & lifestyle products. Sitaramayya, & the Silver Jubilee of the SHG-Bank
SBI announced sanction of credit facilities amounting linkage programme in the country. Under this, SHGs
to Rs. 2,317 crores to corporates for financing Grid having five years of association with Andhra Bank &
Connected Rooftop Solar projects under an SBI-World having successfully completed three credit rotations
Bank program. with good repayment record & an aptitude for
SBI launched a new product to provide a short-term entrepreneurship, will be eligible for a loan.
working capital demand loan to its MSME clients. The Bank of Baroda launched digital Supply Chain
new initiative, called SME Assist, would offer loans to Finance solution which aims to accelerate working
MSME customers on the basis of their input credit capital loan opportunities for the small & medium
claims under Goods & Services Tax (GST). The loan enterprises & large corporate clients.
processing fee under the scheme is Rs 2,000. Debt-laden Air India received a loan worth of Rs. 1,500
Govt. named Rajnish Kumar as the new chairman of crore from Bank of India to meet urgent working
SBI, for 3-year term. Kumar will succeed Arundhati capital needs.
Bhattacharya. Union Bank of India launched an Android app, Union
Sahyog, as part of its drive to digitise customer-facing
ALL OTHER PUBLIC-SECTOR BANKS banking services. Union Sahyog app is bilingual —
CRISIL revised its outlook on 18 public sector banks offering both English & Hindi language — & packs in
(PSBs) from ―negative‖ to ―stable‖ after the Govt. all mobile-based banking applications, missed
announced bank-wise capital infusion & reform plans. call/SMS-based services, Internet banking login & self-
Indian Overseas Bank signed an MoU with National user creation & other services.
Housing Bank for Rural Housing Interest Subsidy
Scheme (RHISS). The aim is to provide subsidy for SMALL & PAYMENT BANKS IN NEWS
housing loans taken by those living in rural areas for Ministry of Finance announced that "Payments Banks
construction & modifications of their dwelling units. & Small Finance Banks" will offer social security
Interest subsidy under the scheme is 3% for a loan scheme Atal Pension Yojana (APY) to their subscribers.
amount of Rs2 lakh for 20-year tenure. Indian AU Small Finance Bank signed an MoU with LIC to
Overseas Bank become one of the first public sector offer Pradhan Mantri Jeevan Jyoti Bima Yojana
banks to implement the scheme. (PMJJBY).
PNB & National Scheduled Castes Finance & Indian Institute of Corporate Affairs (IICA) & India
Development Corporation (NSFDC) tied up to provide Post Payments Bank signed an agreement for the
financial assistance for economic empowerment of training of employees of the latter in the area of
persons belonging to Scheduled Caste families living payment banking.
below Double Poverty Line (DPL). Paytm Payments Bank has partnered Induslnd Bank to
introduce a facility to create a fixed deposit (FD) when
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the customer balance exceeds Rs. 1 lakh at the end of ICICI Bank announced a new home loan scheme that
the day. offers borrowers the benefit of 1% cashback on every
AU Small Finance Bank announced signing an MoU EMI, for the entire tenure.
with Sahaj e-Village for extending its banking service
in remote areas through Business Correspondent Agent ALL OTHER PRIVATE SECTOR BANKS in News
(BC) model. Axis Bank launched the fourth edition of ‗Evolve‘ in
Paytm Payments Bank rolled out Paytm FASTag to Coimbatore, Tamil Nadu. It is an annual multi-city
enable electronic toll fee collection on highways across knowledge series for Bank‘s small & medium-sized
the country. enterprises (SME) customers. The current edition titled
Paytm Payments Bank is the only bank providing zero as ―Transform your Family Business into your dream
balance accounts & zero charges on digital company‖.
transactions. It unveiled 'Paytm Ka ATM' outlets that Digital invoice discounting marketplace - Invoicemart
allows customers to open Saving A/c & tied up with Bank of Baroda to discount invoices for
deposit/withdraw money from their A/c. MSMEs. Invoicemart is a joint venture between Axis
'Paytm Payments Bank' formally launched at the hands Bank Ltd & junction services ltd.
of FM Jaitley. Currently, India has four Payments Amplus Energy Solutions entered into a pact with Yes
Bank which are Paytm Payments Bank, Airtel Bank for strategic tie-up to co-finance projects in the
Payments Bank, India Post Payments Bank & Fino solar energy space in India.
Payments Bank. Federal Bank entered into a strategic partnership with
AU Small Finance Bank received RBI approval to Hedge Equities Ltd for providing Portfolio Investment
operate as Scheduled Commercial Bank. This bank's Scheme (PIS) services to NRIs.
name has now been included in the Second Schedule of IDFC Bank & Capital First approved merger of Capital
RBI Act, 1934. First with IDFC Bank.
Paytm introduced payments using BHIM UPI on its IndusInd Bank & Dynamics Inc. at 2018 Consumer
platform, using which users can create their own Paytm Electronics Show (CES) announced plans to
BHIM UPI ID on the app, which will be issued by introduce the first battery-powered, interactive
Paytm Payments Bank. payment cards to the Indian market in 2018.
AU Small Finance Bank tied up with SIDBI to launch HDFC Bank has announced a partnership
a Rs. 200 crores fund for providing loans to micro, with Rajasthan Govt. to promote & nurture startups in
small & medium enterprises (MSMEs). The program the state.
will fund term loans in the Rs. 25 lakh to Rs. 2 crore By selling India's first "Social Bonds", Indiabulls
ticket size. Housing Finance raised Rs. 1000 crores. These bonds are
Fincare Small Finance Bank (previously known as the debt instrument, issued to raise funds which is to be
Disha Microfin Limited) kick-started its banking used in social projects such as affordable housing, water
operations with about 25 operational branches across supply etc. Yes Bank was the sole investor in this.
Gujarat, Tamil Nadu, Karnataka & Andhra Pradesh. Competition Commission of India (CCI) approved
Sunil Mittal-driven Airtel Payments Bank integrated scheme of amalgamation between IndusInd Bank &
the Unified Payments Interface (UPI) on its digital Bharat Financial Inclusion.
platform, allowing customer choice & convenience to YES Bank & European Investment Bank will co-
facilitate secure digital payments. finance $400-million funding for renewable power
Fino Payments Bank launched its mobile banking app generation in the country.
called BPay. Fino aims to make banking easy for Agri service solutions provider Sohan Lal Commodity
millions of underbanked people in India. Management (SLCM) having operations across India &
Myanmar tied up with HDFC Bank & IndusInd
ICICI Bank in News Bank to provide collateral management services.
Govt. engaged ICICI Bank to enable online payments Axis Bank launched an instant international payment
at 470 mandis integrated with the national portal of services using Ripple‘s enterprise blockchain
electronic National Agriculture Market (e-NAM). technology solution for retail & corporate customers.
Paytm & ICICI Bank collaborated to announce an all- HDFC Bank launched its SmartUp Zone in Kochi, an
new initiative where users can get interest-free short- exclusive area inside the branch dedicated for start-ups.
term digital credit. Called Paytm-ICICI Bank Postpaid. From 1st November 2017, HDFC Bank Ltd. made online
ICICI Bank launched India's first voice-based transactions through RTGS & NEFT free of cost to
international remittance service to enable non-resident promote a digital economy.
Indians (NRIs) to send money to any bank in India.

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IDFC Bank entered into a ―strategic alliance‖ with ‗Coinome‘ in India offering trading of Bitcoin & Bitcoin
MobiKwik to launch a co-branded virtual Visa prepaid Cash.
card for customers of MobiKwik. Pradhan Mantri Jan Dhan Yojana (PMJDY) gathered
Federal Bank obtained RBI approval to open momentum in some northern States post
representative offices at Kuwait & Singapore. demonetisation. With its area & size of population,
Yes Bank signed an MoU with Innovation Centre Uttar Pradesh tops in opening new PMJDY accounts.
Denmark India (ICDK India) to bring fintech Insolvency & Bankruptcy Board of India registered
innovations & startups from Denmark to India, & National E-Governance Services Limited (NeSL) as an
facilitate entry of Indian startups to the region. Information Utility (IU) under the IBBI (Information
Yes Bank, unveiled a superior payment wallet service, Utilities) Regulations, 2017. With this, NeSL has
BHIM Yes Pay by fully integrating the application with become the first IU registered by the IBBI & the
all the IndiaStack APIs & NPCI Products. registration is valid for five years from the date of
Yes Bank signed an agreement with the government to registration.
provide Rs 1,000 crore financing for food processing
projects. The funding will be provided to around 100 Insurance Industry in News
food processing projects with an average ticket size of IRDAI issued regulations for insurance firms to carry
Rs 10 crore each. out offshore business from GIFT International
RBL Bank set up an all women branch in Chennai, Financial Services Centre (IFSC). Under this, for the 1st
Tamil Nadu. time in the country, foreign insurers are permitted to
HDFC Bank topped the list of the country‘s top 50 open IFSC Insurance Office (IIO) at GIFT IFSC.
brands as per report released by WPP Plc & Kantar Life insurer PNB MetLife signed a corporate agency
Millward Brown. Airtel is at 2nd spot & State Bank of agreement with Bank of Bahrain & Kuwait B.S.C (BBK).
India is at 3rd. Reliance General Insurance, a subsidiary of Reliance
RBI included HDFC Bank in the list of 'too big to fail' Capital signed comprehensive bancassurance-corporate
lenders, referred to as D-SIB or domestic systemically agency agreement with YES Bank.
important bank. India's largest lender SBI & private HDFC Life Insurance Company launched 'Neo', a
sector major ICICI Bank were classified as D-SIBs in servicing bot for Twitter that uses artificial intelligence
2015. for customer service. This is the second bot after the
launch of SPOK.
ALL OTHER BANKS/INSTITUTIONS in News HDFC Life Insurance & Apollo Munich Health come
NABARD sanctioned Rs 372.51 crore loan together to launch ‗Click2Protect Health plan‘, which
assistance under the Rural Infrastructure Development provides both life & health cover under a single plan.
Fund (RIDF) to Odisha towards irrigation & rural India‘s first ever insurance cover for individual
bridge projects for the last quarter of this fiscal. victims of cyber crime was launched by Bajaj Allianz.
Andhra Pradesh Grameena Vikas Bank Under this, insurance will be provided against online
(APGVB) operationalised its first desktop ATM in fraud, identity theft, cyber-stalking & extortion,
Telangana. The mini-ATM within the branch premises phishing & malware attack. Sum insured for the policy
will facilitate customers to withdraw small amounts. is in range of Rs. 1 lakh to Rs. 1 crore.
Telangana Industrial Health Clinic Ltd (TIHCL), a The first private Life Insurer to Implement e-NACH
State Govt. initiative got RBI clearance to register & (Electronic – National Automated Clearing House)
function as a non-banking finance company (NBFC). It service of NPCI is ICICI Prudential Life.
will be the first State promoted & co-financing NBFC. India‘s first-ever micro-insurance plan ‗insurance
Corporation Bank launched its RuPay Select & RuPay khata‘ was introduced by IndiaFirst Life. It is
Platinum credit cards. Jai Kumar Garg, MD & CEO introduced for individuals of the informal sector &
unveiled it. agricultural labourers with seasonal incomes.
Sub-Committee of Financial Stability & Development Pension Fund Regulatory & Development Authority
Council (FSDC) headed by RBI Governor Urjit Patel (PFRDA) announced that the upper age limit for joining
discussed the setting up of the National Centre for the National Pension Scheme (NPS) had been raised to
Financial Education (NCFE), operationalisation of 65 years, from the current 60.
information utilities registered by the IBBI, sharing of
data among regulators & the implementation status of INTERNATIONAL BANKS
Legal Entity Identifier (LEI). US buyout giant KKR & Co become the first foreign
Indian online payments firm BillDesk-owned Hatio investor to fully own an asset reconstruction company
Innovations launched cryptocurrency exchange (ARC) in India as it received approval from RBI.

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Venezuelan President Nicolas Maduro announced the HSBC has appointed John Flint as its next chief
creation of a new virtual currency named 'Petro' to executive. He will take over from current chief
ease the country's economic crisis. executive Stuart Gulliver.
Bank of China formally launched its operations in The 1st Canadian bank to be added to Financial
Pakistan, with its first branch inaugurated in Karachi. Stability Board‘s (FSB) list of global systemically
American digital payments company PayPal launched important banks (G-SIB) deemed ‗too big to fail‘ is
domestic operations in India. Royal Bank of Canada (RBC). Note: Financial Stability
Board (FSB) is in Basel, Switzerland.

ECONOMY/FINANCIAL CURRENT AFFAIRS


India emerged as the fifth most attractive market for GST Council decided to implement the e-way bill
investments & the optimism over global economic mechanism throughout the country by June 1st after
growth is at a record level, as per the survey of CEOs reviewing the readiness of the IT network.
by global consultancy PwC. US remains the top spot. Axis Securities, a subsidiary of Axis Bank become the
Mauritius was the largest source of foreign investment first-ever broking arm of a bank to take membership
in India, followed by the US & the UK, as per the of a commodity exchange by registering itself with
census by RBI. NCDEX.
Bombay Stock Exchange (BSE)'s India International BSE's India International Exchange (India
Exchange listed the first bond on its Global Securities INX) received approval from SEBI for the listing of
Market. The bonds issued by Indian Railways Finance debt securities. This will enable Indian & foreign
Corporation (IRFC) are one of the highest credit rated issuers to issue masala bonds, Eurobonds, & foreign
bonds issued by an Indian corporate & has been IRFC's currency bonds from India INX at International
first foray into the Green Bond market. Financial Service Centre at GIFT for the first time.
India emerged as a top borrower from AIIB with USD CBDT entered into 2 Bilateral Advance Pricing
1.5 billion worth of loans last year & USD three billion Agreements. These Agreements are the first ever
more in the pipeline. Indonesia has emerged as the Bilateral APAs with the Netherlands. With this, the
second largest borrower with about USD 600 million total number of APAs by the CBDT has gone up to 186.
loans. This includes 171 Unilateral APAs & 15 Bilateral APAs.
UIDAI launched 'Virtual ID', which an Aadhaar-card GOI increased the budget of Agricultural Education by
holder can generate from its website. The Virtual ID 47.4% this year as compared to the financial year 2013-
will be a random 16-digit number. 14.
2.52% of paid-up capital of National Mineral Commerce & Industry Minister Suresh Prabhu stated
Development Corporation (NMDC) successfully that the Merchandise Exports from India Scheme
divested by the Central govt. (MEIS) incentive rate will be raised by 2% across the
India‘s First Agri-commodity Options in Guar Seed on board for labor-intensive/MSME sectors.
National Commodity & Derivatives Exchange Limited Cabinet approved the setting up of the 15th Finance
(NCDEX) platform was launched by the FM Arun Commission which will assess the tax resources of the
Jaitley launched. nation & suggest a formula for their devolution among
Govt. lowered the additional borrowing requirement states. Its recommendations will have to be in place
for the current fiscal year to Rs 20,000 crores from Rs. before April 1, 2020, it takes 2 years for FC to give its
50,000 crores. recommendations.
India‘s first home-grown high purity gold reference New York based Standard & Poor‘s (S&P) kept its
standard - Bharatiya Nirdeshak Dravya (BND-4201) - sovereign rating for India unchanged at ‗BBB-‗, with
launched. BND-4201, is the reference material for gold outlook for the nation as ‗stable‘.
of ‗9999‘ fineness (gold that is 99.99% pure), will be Asian Development Bank (ADB) increased annual
beneficial to the consumers & public at large to ensure funding to India to up to $4 billion from existing $2.7
purity of gold. billion from next year.
SEBI stated that cross-holding in credit rating agencies 23rd GST Council Meet held in Guwahati. It was
(CRAs) will be capped at 10% & also decided to raise headed FM Jaitley. GST rate on 177 items reduced from
the minimum net worth requirement to Rs. 25 crores 28% to 18%. Only 50 items will attract 28% GST rate.
from the current Rs 5 crores. Bitcoin rose above the symbolic $10,000 threshold for
Cryptocurrency dealer 'Pluto Exchange' announced the the first time, bringing its rise for the year to date to
launch of India‘s first mobile application for more than 900%.
transacting in virtual currencies.

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As per CBDT, farmers are not required show PAN for
cash sale of their produce up to Rs. 2 lakh a day. Loan/Finance from International Organizations
As per Bank of America-Merrill Lynch stated that in India contributed USD 50,000 to UN Secretary General
the next decade, India will overtake Japan to become Antonio Guterres's Office of Envoy on Youth to help
the third-largest economy. As per this, India is likely to with its mission of involving young people in the world
become the world‘s fifth largest economy by 2019. body's goals.
Moody's Investors Service upgraded India's local & AIIB approved USD 2 million loan (Rs. 13,000 crores)
foreign currency issuer ratings to Baa2 from Baa3 & for five projects in Andhra Pradesh.
changed the outlook on the rating to stable from
positive.
Ministry of Finance increased maximum age of joining
the National Pension System (NPS) from the existing
60 years to 65 years under NPS - Private Sector (i.e. all
citizen & corporate model).
Income Tax Department clarified that the cash sales of
agricultural produce by a cultivator to a trader for less
than 2 lakh rupees will not attract tax under the
Income Tax Act.
New Fund Offer (NFO) for BHARAT-22 Exchange
Traded Fund (ETF) was launched by GOI. The target is
to raise initial amount of about Rs. 8000 crores as part of
disinvestment programme for current fiscal. The NFO
is managed by ICICI Prudential Mutual Fund.
As per the NITI Aayog Vice-Chairman Rajiv Kumar,
the GDP is likely to grow at 6.9-7% this fiscal (2017-18)
& 7.5% in 2018-19. The economic growth slowed to
7.1% in 2016-17.

Static Takeaways from Banking & Economy Current Affairs


Asset Reconstruction Companies (ARCs): ARC's are specialized financial institution that buys the NPAs or bad assets
from banks & other financial institutions to clean up the balance sheets of Banks & FIs.
LEI: Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that
is party to a financial transaction, in any jurisdiction.
Andhra bank: HQ: Hyderabad | CEO: Shri Suresh N Patel | Where India Banks
BOB: HQ: Vadodara | CEO: P. S. Jayakumar | India's International Bank
Union Bank of India: HQ: Mumbai | CEO: Rajkiran Rai G. | Good People to bank with
Vijaya Bank: HQ: Bengaluru | CEO: R. A. Sankara Narayanan | A Friend you can bank upon
Federal Bank: HQ: Aluva, Kochi, Kerala: CEO: Shyam Srinivasan | Your Perfect Banking Partner
RBL Bank: HQ: Mumbai | CEO: Vishwavir Ahuja | Apno ka bank
Kotak Mahindra Bank: HQ: Mumbai | Founder: Uday Kotak
IndusInd Bank: HQ: Mumbai | CEO: Romesh Sobti |
Corporation Bank: HQ: Mangalore | CEO: Jai Kumar Garg
Bank of China: HQ: Beijing, China
PayPal: American company | CEO: Daniel Schulman
HSBC: HQ: London, United Kingdom
Foreign Exchange Reserves
Foreign Exchange Reserves as on 26th January 2018
₹ Bn. US$ Mn.
Total Reserves 26,535.3 417,789.2
1.1 Foreign Currency Assets 24,999.7 393,743.8
1.2 Gold 1,305.5 20,421.6
1.3 SDRs 98.0 1,544.0
1.4 Reserve Position in the IMF 132.1 2,079.8
Masala Bonds
It refers to the rupee-denominated borrowings by Indian entities in overseas markets.
Gross Value Added
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It is a measure of total output & income in the economy. It provides the rupee value for the amount of goods & services
produced in an economy after deducting the cost of inputs & raw materials that have gone into the production.
GVA gives a picture of the state of economic activity from the producers‘ side or supply side, the GDP gives the picture
from the consumers‘ side or demand perspective.
PNB | The Name you can Bank Upon | New Delhi | CEO: Sunil Mehta
BSNL | New Delhi | CEO: Shri Anupam Shrivastava
J&K Bank | Serving to Empower | Srinagar | Parvez Ahmed (Chairman & CEO)
Vijaya Bank | A friend you can Bank Upon | Bengaluru | Shri. R A Sankara Narayanan (MD & CEO)
IDBI Bank | Bank aisa Dost jaisa | Mumbai | Mr. Mahesh Kumar Jain (MD & CEO)
Syndicate Bank| Faithful, Friendly | Mr Melwyn Rego, Managing Director & CEO
Canara Bank| Together we can | Shri. Rakesh Sharma, MD & CEO
Indian Bank| Your Own Bank | Mr. Kishor Kharat, MD & CEO
Corporation Bank | Shri. Jai Kumar Garg: Managing Director & CEO
Indian Overseas Bank | Good People to Grow with | Shri. R. Subramaniakumar: MD & CEO
Union Bank of India| Good People to Bank with| Shri Rajkiran Rai G, Managing Director & CEO
Fincare Small Finance Bank | Bengaluru| Pramod Kabra, Chairman| Rajeev Yadav, MD& CEO
Airtel Payment Bank| Shashi Arora, MD & CEO
Ujjivan Small Finance Bank| Bengaluru, India| Samit Ghosh, CEO & MD
FINO Payment Bank| Qadar Aapki Mehnat Ki| Mumbai| Rishi Gupta, MD & CEO
ICICI Bank| CEO: Chanda Kochhar| Mumbai| Industrial Credit & Investment Corporation of India
HDFC Bank| Bank aapki mutthi mein| CEO: Aditya Puri|Mumbai
Karnataka Bank| Your Family Bank Across India| Shri Mahabaleshwara M. S., MD & CEO
IndusInd Bank| Mumbai| R. Seshasayee, Chairman| Romesh Sobti, MD & CEO
Karur Vysya Bank| Smart Way to Bank| Karur, Tamil Nadu| Shri P R Seshadri, MD & CEO
IDFC Bank| The Bank of Now| Mumbai | Dr. Rajiv Lall, FOUNDER MD & CEO
Axis Bank| CEO: Shikha Sharma| Chairperson: Dr. Sanjiv Misra (Part Time) | Mumbai
Kotak Mahindra Bank| Arvind Kathpalia, President| Mumbai
South Indian Bank| Experience Next Generation Banking| Thrissur, Kerala| V.G. Mathew, MD & CEO
Yes Bank| Mumbai| CEO: Rana Kapoor
EXIM Bank| 1982 under the Export-Import Bank of India Act, 1981| David Rasquinha, MD
SIDBI| Small Industries Development Bank of India| April 2, 1990| Mohammad Mustafa,CMD
NHB| National Housing Bank | Sriram Kalyanaraman, MD &CEO| July 9, 1988- NHB Act, 1987
NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.
IBBI
Insolvency & Bankruptcy Board of India was set up on 1st October 2016 under the Insolvency & Bankruptcy Code, 2016
(Code). It writes & enforces rules for transactions, namely, corporate insolvency resolution, corporate liquidation,
individual insolvency resolution & individual bankruptcy under the Code. Dr. M. S. Sahoo is the Chairperson.
NPCI
National Payments Corporation of India, an umbrella organisation for operating retail payments & settlement systems in
India. It is an initiative of RBI & Indian Banks‘ Association (IBA) under the provisions of the Payment & Settlement
Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.
Infrastructure Investment Trusts (InvITs) & Real Estate Investment Trusts (REITs)
REITs are listed entities that primarily invest in leased office & retail assets, allowing developers to raise funds by selling
completed buildings to investors.
InvITs are trusts that manage income-generating infrastructure assets, typically offering investors regular yield & a liquid
method of investing in infrastructure projects.
UIDAI
Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the Aadhaar
Act, 2016 on 12 July 2016 by the Govt. of India.
Shri J Satyanarayana, Chairman(part-time), UIDAI| Dr. Ajay Bhushan Pandey, CEO
HQ:| New Delhi
Multi Commodity Exchange Ltd
It is a state-of-the-art, commodity derivatives exchange that facilitates online trading, & clearing & settlement of
commodity derivatives transactions, thereby providing a platform for risk management.
Mr. Saurabh Chandra: Chairman
Asian Development Bank (ADB) | Philippines| President: Takehiko Nakao| 19 Dec 1966| 67 countries
World Bank | President: Jim Yong Kim| CEO: Kristalina Georgieva| Washington, D.C., United States
WTO| Geneva, Switzerland| 1 Jan 1995| 164 countries (July 2016) | Roberto Azevêdo (Director-General)

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New Development Bank| Shanghai, China| President: K. V. Kamath| 15 July 2014
NTPC: Gurdeep Singh, CMD

BUSINESS NEWS (NATIONAL & INTERNATIONAL)


Companies Key Points
Paytm & Alibaba Formed a joint venture to launch 'Gamepind' a gaming platform aimed at mobile users in
Group-AGTech India.
Holdings Ltd
Reliance Industries Become the first Indian company to cross the Rs. 6-lakh crore mark in market capitalization.
(RIL)
Vodafone India To provide a range of entry-level smartphones at an effective price of Rs999.
partnered with Flipkart
Oil & Natural Gas Got the consent for acquiring controlling stake in fellow PSU Hindustan Petroleum
Corporation Corporation Ltd (HPCL). As per ONGC, it has acquired 51.11% stake of HPCL.
Indian Oil Corporation Signed Letters of Intent (LoI) with Phinergy & YEDA, a technology spin-off company from
Israel. Agreement with Phinergy will allow Indian Oil to work on adoption of advanced
energy systems.
India‘s Tata Signed an over GBP 500 million (USD 690 million) deal with M&G Prudential, the UK &
Consultancy Services European savings & investments business of Prudential plc.
Paytm set up a new entity called Paytm Money Ltd that will offer investment & wealth
management products
India‘s most-valued Crossed Rs.5 trillion market capitalisation for the first time, making it only the third Indian
lender HDFC Bank Ltd company to achieve this milestone.
Flipkart‘s payments arm Partnered with FreeCharge to allow the latter‘s customers pay for transactions at
PhonePe PhonePe‘s partner merchants.
Airtel Payments Bank CEO Shashi Arora quit the company following the controversy of violation of rules on
using Aadhaar for its e-KYC.
SBI Card & Bharat Petroleum, launched the BPCL SBI Card – most rewarding fuel co-branded credit card.
HDFC Sold its realty brokerage business HDFC Realty & HDFC RED (Real Estate Destination) to
online classifieds player Quikr.
Bharti Airtel Ltd Signed Definitive agreement with Millicom International Cellular S.A., under which Airtel
Rwanda Ltd will acquire 100% equity in Tigo Rwanda Ltd.
Ola, operated by ANI Acquired food delivery start-up Foodpanda India Pvt. Ltd from its German parent Delivery
Technologies Pvt. Ltd Hero AG
Dish TV India Limited Received the final approval for closing of the merger of Videocon d2h with DishTV.
Samsung India Tie-up with UNESCO for virtual reality content & 360-degree videos on Indian heritage.
Maruti Suzuki Became India's sixth most valued firm, crossing SBI. Reliance Industries is the country's
most valued company firm in India.
Paytm Bought an undisclosed stake in Urja Money Pvt. Ltd, which evaluates creditworthiness of
people seeking loans to buy two-wheelers.
Moody's Investors Service has upgraded the ratings of infrastructure government-related issuers (GRIs) NTPC,
NHPC, NHAI & GAIL to Baa2 in line with India's sovereign ratings.
Walmart India Launched its first fulfilment centre in Mumbai.
ONGC Got approval from the Department of Investment & Public Asset Management for
acquiring the majority stake in HPCL. ONGC acquired 51.11% stake in HPCL.
Tata Steel Established India‘s largest Coke Dry Quenching (CDQ) facility at Kalinganagar Industrial
Complex in Jajpur district of Odisha.
Ola With Microsoft, is building a new connected vehicle platform for car manufacturers
worldwide.
Reliance Received the final approval on its merger with Sistema from the Department of
Communication Telecommunication (DoT). This merger will extend validity of RCom's spectrum portfolio
in the highly valued 800 & 850 MHz band.

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Hindustan Petroleum become the first Oil Marketing Company (OMC) from India to mark its presence in the
Corporation Limited- lubricant market in Myanmar.
HPCL
Bharti Airtel Received Ghana‘s National Communications Authority‘s approval for the merger
between Bharti Ghana (Airtel) & Millicom Ghana (Tigo), subject to certain conditions.
INTERNATIONAL COMPANIES
Google Introduced app named "Bulletin" that allows anybody to submit stories for & about their
communities.
Amazon Bought an Andover, Massachusetts-based company 'Blink' that makes Internet-connected
doorbells & security cameras.
Samsung Launched its 'Bill Payments' on its flagship payments service, Samsung Pay in
partnership with Axis Bank.
Tencent become the first Chinese company to be valued at more than $500 billion in Asia.
Facebook Expects to train about five lakh people in India on digital skills by 2020 & unveiled two
programmes which are Facebook Digital Training & Facebook Startup Training Hubs.
Swedish Company Launched its first experiential centre 'IKEA Hej HOME' in Hyderabad
IKEA
Jet Airways & Air Come in partnership to route more traffic through Europe & on to North America.
France-KLM
Uber Technologies Inc. Approved SoftBank Group Corp.‘s offer to buy a multibillion-dollar stake in UBER.
Amazon Web Services Teamed up to launch an open-source & deep learning interface 'Gluon' that will help
(AWS) & Microsoft developers to deploy machine learning models across several platforms.

Static Takeaways from Business Current Affairs


ONGC: Oil & Natural Gas Corporation Limited| Shashi Shanker, Chairman & Managing Director
Reliance Communication: Chairman: Anil Dhirubhai Ambani
HPCL: Hindustan Petroleum Corporation Limited: M.K.Surana, Chairman & Managing Director
Tencent: Founded in November, 1998, Tencent is a leading provider of Internet value added services in China.
NSDC: National Skill Development Corporation | It aims to promote skill development by catalyzing creation of large,
quality & for-profit vocational institutions.
Britannia Industries: Nusli N Wadia, Chairman | Varun Berry, Managing Director
Flipkart | Bengaluru | Kalyan Krishnamurthy (CEO)
Indian Oil Corporation: Shri Sanjiv Singh, Chairman
Oil & Natural Gas Corp Ltd | Shashi Shanker, Chairman & Managing Director
Amazon | Washington, U.S. | Jeff Bezos (Chairman, President & CEO)
Twitter | San Francisco, California |Jack Dorsey (CEO)
Samsung | Seoul, South Korea | Lee Kun-hee (Chairman)
Netflix | California, United States | Reed Hastings (Chairman, CEO)
Microsoft | Washington, U.S. | John W. Thompson (Chairman) | Satya Nadella (CEO)
Google | California, U.S. | Sundar Pichai (CEO)

AGREEMENTS/MOU SIGNED

Between Whom MoU/Agreement Details


Asian Development Bank & the Indian 250-million-dollar loan agreement to finance the construction of over 6200
Government kilometres all-weather rural roads in 5 states viz Assam, Chhattisgarh,
MP, Odisha & West Bengal under PMGSY.
India & Cambodia 4 agreements in the field of cultural exchange, an exchange line of credit of
$26.9 million, cooperate in legal matter & on prevention of human
trafficking. Signed b/w PM Modi & Cambodian PM Hun Sen.
National Small Industries Corporation MoU for exchange of information & cooperation in areas such as policies
(NSIC) with SME Corporation Malaysia to aid development of small & medium businesses (SMBs).
National Highways & Infrastructure MoU sigend for construction of 14.150 km long 2-lane bi-directional Zojila
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Development Corporation & M/S IL&FS Tunnel in Jammu & Kashmir. This will be India‘s longest road tunnel &
Transportation Networks Ltd the longest bi-directional tunnel in Asia.
GOI, Govt. of Uttarakhand & World Signed a $120 million Loan Agreement which will help increase access to
Bank improved water supply services in peri-urban areas in UK state.
National Investment & Infrastructure Fund (NIIF) made its First investment. It partnered with DP World to create an
investment platform for ports, terminals, transportation & logistics businesses in India.
Telangana Govt. with Clean Authority MoU in connection with municipal solid waste incineration in Hyderabad.
of Tokyo
India & Israel MoU to enhance co-operation in the areas of agriculture, science &
technology & security.
Punjab Govt. with Indian Oil Signed an MoU to set up bio-gas & bio-CNG plants in the state.
Corporation
Cabinet approved signing & implementation of MoU between Ministry of Road Transport & Highways & ‗Transport
for London‘ to improve public transport in the country.
South Korea & the Gujarat Chamber of signed an MoU for co-operation between industries in Gujarat & the East
Commerce & Industry (GCCI) Asian country, with a focus on automobile, defence & textiles sectors.
Union Cabinet chaired by PM Modi approved:
a) MoU between India & Canada for cooperation in the field of Science & Technology. The MoU will provide a
mechanism & help to foster scientific cooperation between R&D & academic institutions of India & Canada.
b) Implementation of CCEA decision on the closure of Tungabhadra Steel Products Limited.
Uttar Pradesh govt. with South Korea MoU to enhance cooperation in the field of tourism, skill development,
culture & farming.
India & the World Bank Signed USD 40 Million IBRD Credit agreement for ―U.P. Pro-Poor
Tourism Development Project‖
India & Germany Signed Loan agreement for providing additional funding of EUR 20
million for Pare Hydroelectric Plant project, Arunachal Pradesh.
Andhra Pradesh govt. with moonshot Agreement to bring Free Space Optical Communication (FSOC)
factory of Alphabet X technology to provide internet through the govt. Fibergrid project.
Skill Development Ministry & Maruti Suzuki signed an agreement to impart training to youth & enhance their
employment potential.
India & Myanmar MoU on Rakhine (Myanmar) State Devt. Programme & on Govt. to Govt.
agreement on long-term socio-economic devt. of state.
India & Singapore Agreement on enhancing the naval cooperation
AIIB approved its first loan to China, its largest shareholder, to reduce its dependence on coal by over 600,000 tonnes
annually by building a natural gas distribution network for villages.
India & World bank USD 250 million Financing(Loan) Agreement for the ―Skills Acquisition &
Knowledge Awareness for Livelihood Promotion (SANKALP) Project‖.
India & Morocco MoU for enhanced cooperation in the health sector
India & Singapore Agreement on enhancing naval cooperation
India with World Bank Signed Loan Agreement for USD 100 Million for ―Shared Infrastructure
for Solar Parks Project‖
India & Greece Signed Air Services Agreement (ASA) & MoU on Cooperation (MoC) in
field of New & Renewable Energy.
Delhi government with Seoul Signed a twin city agreement for strengthening cooperation in the fields of
Metropolitan Government e-governance, transportation, climate change & smart city.
Adani Power (Jharkhand) with Long-term pact to supply electricity from its upcoming 1,600 MW plant at
Bangladesh Power Development Board Godda in Jharkhand to Bangladesh.
(BPDB)
Nepal Electricity Authority with China Joint venture agreement to construct 750 MW West Seti Hydropower
Three Gorges Corporation (CTGC) Project. CTGC will have 75% stake & NEA will have remaining 25%.
National Skill Development Corporation (NSDC) & the Tourism & Hospitality Sector Skill Council (THSC) signed
a tripartite an MoU with Airbnb to provide hospitality skills training to hospitality micro-entrepreneurs in India.

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Assam government with Singapore Signed MoUs & Terms of Reference for skilling youth in Assam.
Indiana, a State in the US, & Karnataka Signed an agreement to establish sister-state ties for cooperation in
economic, educational & cultural fields.
Odisha Skill Development Authority & Signed MoU for skill development in Odisha.
Singapore‘s ITE Education Services
(ITEES)
Goa govt. signed a trilateral MoU with Department of Bio-Technology, Ministry of Science & Technology, GoI &
Nobel Media, Sweden to hold ‗Nobel Prize Series — India 2018 (Science Impacts Life)‘ to be held in Goa.
Government of India (GoI) & Patanjali MoU of Rs 10, 000 Crores .
Financing Agreement for IBRD loan of US$ 119 million for ―Odisha Higher Education Programme for Excellence &
Equity (OHEPEE) Project‖ signed with World Bank.

NEW APPOINTMENTS: NATIONAL

Designation/Post Who is Appointed?


Constitutional & Other Posts
1. 22nd Chief Election Commissioner Om Prakash Rawat (replaced Achal Kumar Joti)
2. New Election Commissioner Ashok Lawasa
3. ' New governor of Madhya Pradesh Anandiben Patel (replaced Om Prakash Kohli)
4. New Director General (DG) of the 'black cats' Senior IPS officer Sudeep Lakhtakia (replaced S P
commando force NSG Singh)
5. Chief of Staff, Western Naval Command Ajendra Bahadur Singh
6. First woman lawyer to be directly appointed as a Indu Malhotra
judge of the Supreme Court of India.
7. Foreign secretary of India Vijay Keshav Gokhale (replaced S Jaishankar)
8. Deputy National Security Adviser (NSA) Rajinder Khanna
9. New CM of Himachal Pradesh Jairam Thakur
10. Director General of National Cadet Corps B S Sahrawat
11. Ambassador of India to the Republic of Peru. Shri M. Subbarayudu
12. Director General of Narcotics Control Bureau (NCB) Senior IPS officer Abhay
13. CM of Gujarat Vijay Rupani
14. Deputy CM of Gujarat Nitin Patel
15. Officiating Chairperson, National Green Tribunal Justice U D Salvi
16. National Green Tribunal Chairperson Justice Swatanter Kumar retired after completing his 5-year tenure.
17. Ambassador of India to Turkmenistan Shri Azar A.H. Khan
18. Government appointed former revenue secretary NK Singh as the Chairman of the 15th Finance Commission
(FC). Other members are Shaktikanta Das, Anoop Singh, Ashok Lahiri, & Ramesh Chand. Chand & Lahiri are
part time members. FC to submit its report by Oct. 30, 2019.
19. Private Secretary to President Ram Nath Kovind. Railway officer Vikram Singh
20. India‘s High commissioner to Pakistan. Ajay Bisaria
21. Karnataka‘s first woman Director General & Neelmani N. Raju
Inspector General of Police. (replaced Rupak Kumar Dutta)
22. New Finance Secretary Hasmukh Adhia
23. Special director of the Central Bureau of Gujarat-cadre IPS officer Rakesh Asthana
Investigation-CBI
24. Ambassador of India to Switzerland Sibi George (Replaced Smita Purushottam)
25. Additional Director General, CISF. Shri Alok Kumar Pateria
26. High Commissioner of India to Republic of Zambia N.J.Gangte
27. Vice Chief of Naval Staff (VCNS) Vice Admiral Ajit Kumar
28. India's new Ambassador to China Gautam Bambawale (Replaced Vijay Gokhale)
29. Member (Staff) Railway Board & ex officio Secretary D.K. Gayen

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to the Government of India
30. Member (Engineering) Railway Board & ex officio M K Gupta
Secretary to the Government of India
31. Tamil Nadu Governor Banwarilal Purohit
32. High Commissioner of India to the Republic of Malta Rajesh Vaishnaw
33. Additional Director General of BSF Nasir Kamal
34. Ambassador of India to Ecuador Ravi Bangar
35. Ambassador of India to the Principality of Sibi George
Liechtenstein
36. Solicitor-General of India Ranjit Kumar, the second highest ranking law officer of the government, resigned.
37. New Governor of Bihar Satya Pal Malik
38. New Governor of Assam Prof Jagdish Mukhi
39. New Lieutenant Governor of Andaman & Nicobar Admiral (Retd) Devendra Kumar Joshi
40. New Governor of Arunachal Pradesh Brigadier (Retd) BD Mishra
41. New Governor of Meghalaya Ganga Prasad
42. New Comptroller & Auditor General of India (CAG). Rajiv Mehrishi
43. New Election Commissioner Sunil Arora
44. Gautam Bambawale will head the Indian mission in China.
CEO‘S/Chairman of Companies/Organizations/Banks/ Other Appointments
45. New director of Vikram Sarabhai Space Centre S Somanath (replaced K Sivan)
46. First woman chairman of Indian Banks‘ Association Usha Ananthasubramanian, MD, Allahabad Bank
47. Deputy Chairman of IBA for the year 2017-18 Rajnish Kumar, Chairman, State Bank of India
48. Vice Chairman of the US-India Strategic & Indian-American Adobe CEO Shantanu Narayen
Partnership Forum.
49. Director General, Federation of Indian Chambers of Dilip Chenoy
Commerce & Industry (FICCI)
50. MD & CEO of NCDEX Vijay Kumar
51. CMD of Security Printing & Minting Corporation of S Selvakumar (Replaced Anurag Agarwal)
India Ltd (SPMCIL)
52. Chairman of the Finance Commission of the Indian Senior sports administrator Anil Khanna
Olympic Association.
53. Chairman, Maritime Board V J Mathew
54. Chef De Mission for 23rd Winter Olympic Games, Harjinder Singh
Pyeongchang, South Korea in 2018
55. 9th Chairman of ISRO Sivan K (replaced A.S. Kiran Kumar)
56. MD & CEO, National Payments Corporation of India Dilip Asbe (replaced AP Hota)
57. Brand Ambassador of Sikkim Music composer A R Rahman
58. National vice-president of the BJP, Vinay Sahasrabuddhe appointed the President of Indian Council of
Cultural Relations.
59. MD, India Infrastructure Finance Company Ltd Pankaj Jain
60. PETA's (People for Ethical Treatment of Animals) Actress Anushka Sharma
Person of the Year
61. New Chairman, BARC India (Broadcast Audience Nakul Chopra (Replaced Sudhanshu Vats)
Research Council)
62. Director, National Institute of Nutrition, Hyderabad. R Hemalatha
63. President of Para-Sports Foundation (PSF), India. Sarvesh Kumar Tiwari
64. New Executive Director (ED) of RBI Uma Shankar
65. Chairman & Managing Director of Air India Pradeep Singh Kharola (Replaced Rajiv Bansal)
66. 16th President, Indian National Congress Rahul Gandhi
67. Secretary General, International Buddhist Buddhist monk Dhammapiya from Tripura
Confederation (IBC)
68. Director General, Ordnance Factories (DGOF) & Shri Sunil Kumar Chourasia
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Chairman, Ordnance Factory Board (OFB)
69. CEO & MD, Infosys Salil S. Parekh
70. Chairman of Prasar Bharati Board Veteran journalist A Surya Prakash
71. President of the National Restaurant Association of Rahul Singh
India.
72. CEO, Online food delivery start-up Swiggy Vishal Bhatia
73. MD & CEO of Aegon Life Insurance. Vineet Arora (replace K S Gopalakrishnan)
74. Filmmaker Sujoy Ghosh resigned as Head of jury of Indian Panorama, 48th International Film Festival of
India (IIFI).
75. Chairman of Bombay Stock Exchange (BSE) Sethurathnam Ravi (replaced D. Swarup)
76. Executive Director of SEBI. Anand Rajeshwar Baiwar
77. CEO & MD of Tata Steel globally T V Narendran
78. Executive Director & CFO of Tata Steel Koushik Chatterjee
79. CFO, Paytm Payments Bank Sudhanshu Jain
80. Honorary Consul General in Hyderabad Suresh Chukkapalli
81. CEO of Bharti AXA Life Insurance Vikas Seth
82. 1 Woman Senior Deputy Director General, Tamil
st N Poonguzhali
Nadu, Telecom Enforcement Resource Monitoring
83. MD & CEO of India Post Payments Bank (IPPB) Mr. Suresh Sethi (Replaced A.P. Singh)
84. CEO, Association of Mutual Funds in India (AMFI) NS Venkatesh
85. Vice-chairman of NITI Aayog Economist Rajiv Kumar (replaced Arvind Panagariya)
86. New Chairperson of Central Board of Secondary Anita Karwal (replaced Rajesh Kumar Chaturvedi)
Education
87. MD & CEO of Vijaya Bank R A Sankara Narayanan
88. MD & CEO of Tamilnad Mercantile Bank. KV Rama Moorthy (replaced HS Upendra Kamath)
89. CMD of United India Insurance Co. Ltd M. Nagaraja Sarma
90. Chairman & Managing Director of NMDC Ltd. N Baijendra Kumar
91. Chairman of Press Trust of India Viveck Goenka (Replaced Riyad Mathew)
92. Ashish Kashyap resigned as the President & Co-founder of MakeMyTrip.
93. President of Society of Indian Automobile Force Motors Chairman Abhay Firodia
Manufacturers

NEW APPOINTMENTS: INTERNATIONAL

Designation/Post Who is Appointed?


President/PM/Heads of Countries/Organizations
1. Prime Minister of Mali Soumeylou Boubeye Maiga
2. Finland‘s President Sauli Niinistowon
3. New President of Liberia George Weah (Replaced Ellen Johnson Sirleaf)
4. New President of Chile Sebastian Pinera (replaced Michelle Bachelet)
5. Kenya‘s President Uhuru Kenyatta (Second 5-year term)
6. Pakistan's law minister Zahid Hamid resigned.
7. India‘s nominee to International Court of Justice (ICJ) Dalveer Bhandari was re-elected to the fifth & the last
seat of the world court.
8. UNAIDS Special Ambassador for Adolescents & HIV. AIDS researcher Quarraisha Abdool Karim
9. President of Zimbabwe Emmerson Mnangagwa (Replaced R. Mugabe)
10. 2nd Woman Director-General of UNESCO. Audrey Azoulay (succeeds Irina Bokova)
11. President of Slovenia Borut Pahor
12. New US Ambassador to India Kenneth Juster (Replaced Richard Verma)
13. PM of New Zealand (Youngest NZ PM in 150 yrs) Jacinda Ardern
14. 30th PM of Mongolia Ukhnaa Khurelsukh

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15. 8th President of Singapore Halimah Yacob
16. Sri Lankan President Maithripala Sirisena has sacked his deputy Tourism Minister Arundika Fernando.
17. Prime Minister of Peru Mercedes Araoz Fernandez
18. President of Peru Pedro Pablo Kuczynski
19. PM of Iceland Mr. Bjarni Benediktsson has resigned from the post.
20. Fourth term as chancellor in Germany Angela Merkel
21. Angola‘s New President Joao Lourenco
Mayors/Member of Parliament/Envoy/Judges
22. UK‘s 'Minister for Loneliness' Tracey Crouch
23. Mayor of Yuba city in California Preet Didbal
(first Sikh woman to hold the position in USA)
24. Resigned as International Development Secretary Priti Patel, Britain‘s first Indian-origin Cabinet
Minister
25. Bangladesh Chief Justice Surendra Kumar Sinha resigned.
26. U.S ambassador to India. Kenneth I. Juster
Other Appointments
27. Facebook appointed Kenneth Chenault to its board, making him the first African-American to be on the board.
28. Chairman of the Geneva-based World Business Council Sunny Verghese
for Sustainable Development (WBCSD)
29. UN Environment‘s Goodwill Ambassador for India. Former Miss Asia Pacific Dia Mirza
30. 'International Ambassador' who will be tasked with Noted Indian businessman Deepak Parekh
championing the UK capital across the globe.
31. Global Goodwill Ambassador for UN Environment British singer-songwriter Ellie Goulding
32. President of 36th International Geological Congress Scientist Vijay Prasad Dimri
(IGC) (replaced Shailesh Nayak)
33. Ambassador of World Packaging Organisation. Ecobliss India MD AVPS Chakravarthi
34. WHO‘s Deputy Director General for Programmes Soumya Swaminathan
35. WHO‘s Deputy Director General for Corporate Ms Jane Ellison
Operations
36. Chief of Naval Staff of Pakistan Vice-Admiral Zafar Mahmood Abbasi
37. Chairperson of World Hindu Congress, Chicago-2018 Tulsi Gabbard

Countries|Capital|Currency Part 1 Somalia: Mogadishu | Somali shilling


Singapore: Singapore dollar | Capital: Singapore Iran: Tehran | Iranian rial
Greece: Athens | Euro Sweden: Stockholm | Swedish krona (SEK)
Ethiopia: Addis Ababa | Ethiopian birr Sri Lanka: Administrative Capital: Sri Jayewardenepura|
Afghanistan: Kabul | Afghan afghani Commercial Capital: Colombo | Rupee (SL)
Norway: Oslo| Norwegian krone Bangladesh: Dhaka | Bangladeshi taka

Static Takeaways from New Appointments


CISF: Central Industrial Security Force| O.P. Singh, Director General |Existence in 1969
Zambia: Lusaka | Zambian kwacha
Republic of Malta: Valletta | Euro & Maltese scudo
BSF: Border Security Force | December 1, 1965 | K K Sharma, Directore General
Equador: Quito | United States Dollar
Principality of Liechtenstein: Vaduz | Swiss franc
NHPC: Shri Balraj Joshi, Chairman & Managing Director
SAARC | Kathmandu | 8 members | Secretary-General, Amjad Hussain B. Sial | 1985
WHO | 7 April 1948 | Geneva, Switzerland | Tedros Adhanom, Director-General
CAG: Shri Rajiv Mehrishi. He is primarily entrusted with the responsibility to audit the accounts & related activities of the
three tiers of Govt. – Federal, Provincial & Local.

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NITI Aayog: National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union
Cabinet on January 1, 2015. NITI Aayog is the premier policy ‗Think Tank‘ of the Govt. of India, providing both directional
& policy inputs. Vice Chairperson: Dr. Rajiv Kumar b) Chief Executive Officer: Shri Amitabh Kant
NHAI | National Highways Authority of India | Shri Deepak Kumar, Chairman
BIMSTEC stands for ‗Bay of Bengal Initiative for Multi-Sectoral Technical & Economic Cooperation‘, includes namely
Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka & Thailand.

AWARDS

Name of the Award Winner


Awards for Literature/Journalism
1. Sahitya Akademi Award (English) Author Mamang Dai for The Black Hill
2. Sahitya Akademi Award (Hindi) Author Ramesh Kuntal Megh for Vishw Mithak Sarit Sagar
3. 31st Moortidevi Award for the year 2017 Eminent Bengali poet Joy Goswami
4. Big Little Book Award for 2017 in "Author in Sahitya Akademi awardee Bengali writer Nabaneeta Dev
Bengali Language" category for her contribution to Sen
the children's literature.
5. Ezhuthachan Puraskaram 2017 Noted Malayalam Poet & literary critic, K Satchidanandan
(Kerala govt.'s highest literary honour)
6. 53rd Jnanpith Award for the year 2017 Renowned Hindi litterateur Krishna Sobti
7. 2017 Man Booker Prize US author George Saunders
8. Saraswati Samman 2016 Konkani writer Mahabaleshwar Sail for 'Hawthan'
Country‘s Highest Honour Given
9. Indian Parliamentary Group (IPG) headed by Lok Sabha Speaker Sumitra Mahajan announced that five
members of parliament (MPs) selected for the Outstanding Parliamentarian Awards. This includes, Congress
leader Ghulam Nabi Azad (2015), Trinamool Congress‘ Dinesh Trivedi (2016), Manipur‘s governor Najma A
Heptulla (2013), BJP‘s Lok Sabha member Hukumdev Narayan Yadav (2014) & five-time Rajya Sabha
member Bhartruhari Mahatab of the Lok Biju Janata Dal (BJD) (2017).
10. Bollywood actor Shah Rukh Khan honoured with 24th Crystal Award atWEF, Davos, Switzerland. He received
Award for "his leadership in championing children's & women's rights in India".
11. President has approved the awards for 85 individuals, which includes 3 Padma Vibhushan, 9 Padma Bhushan
& 73 Padma Shri. In sports personalities, Mahendra Singh Dhoni & multiple world champion cueist Pankaj
Advani conferred with the 3rd highest civilian award, Padma Bhushan. 2017 World Weightlifting Champion
Saikhom Mirabai Chanu & tennis player Somdev Devvarman conferred with the Padma Shri.
12. Veteran Bengali actor Soumitra Chatterjee received the Legion of Honour, the highest French civilian award for
his contribution to cinema.
13. Natalie Portman awarded Israel‘s 2018 Genesis Prize in recognition of her commitment to social causes & deep
connection to her Jewish & Israeli roots. It is also known as ―the Jewish Nobel Prize,‖.
14. Nicaraguan author & former politician Sergio Ramirez Mercado won the 2017 Cervantes Prize. It is the Spanish-
speaking world's highest literary honor.
Film/Music Awards
15. Bollywood playback singer Asha Bhosle will be given the 'Yash Chopra Memorial Award'. She will be the fifth
winner of the award.
16. Janakavi P Sawlaram award Actor Sudhir Dalvi
17. In the 63rd Jio Filmfare Awards 2018, Vidya Balan won her career's sixth Filmfare award for 'Tumhari Sulu'.
18. Veteran singer K S Chitra selected for prestigious 'Harivarasanam' Award 2017.
19. Golden Peacock award for best film at 48th International Robin Campillo‘s French film 120 Beats Per Minute
Film Festival of India
20. 'Best Short Film Award' at the South Asian Film Festival Indian short film ‗The School Bag‘.
of Montreal (SAFFM) Directed by Dheeraj Jindal
21. Madhya Pradesh government's prestigious National Lata Alka Yagnik, Udit Narayan, Usha Khanna, Bappi
Mangeshkar Award. Lahiri & Anu Malik

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Other Awards Conferred
22. Best Central bank governor in Asia-Pacific for 2018 by MD of the Monetary Authority of Singapore
UK-based magazine, The Banker. (MAS), Ravi Menon,
23. 1st Mufti Mohammad Sayeed Award for Probity in Public Life Bihar Chief Minister Nitish Kumar
24. Ihsan Dogramaci Family Health Foundation Prize by WHO. Dr Vinod Paul, Member of NITI Aayog
(Become the first Indian to receive this award)
25. Prestigious National Design Award Satheesh Reddy, Scientific Adviser to Raksha
Mantri & DG, Missiles & Strategic Systems
26. Golden Peacock Innovation Management Award 2017 Joda East Iron Mine (JEIM) of Tata Steel
27. Ballon d'Or Award 2017 Cristiano Ronaldo (Portugal) (5th time)
28. 'Yeraringan' Award Prof. M.S. Swaminathan
29. Miss Supranational 2017 (in Poland) Miss Korea Jenny Kim
30. Mr. India Pageant 2017 Jitesh Singh Deo from Lucknow
31. Mr. India Supranational 2017 Indian footballer Prathamesh Maulingkar
32. International Children's Peace Prize 16-year-old Mohamad Al Jounde from Syria
33. Asian Boxing Confederation‘s best youth boxer for 2017 Sachin Siwach
34. 24-year-old model & Miss Korea Jenny Kim bagged the title of Miss Supranational 2017 held in Poland.
35. 16-year-old Mohamad Al Jounde from Syria awarded the International Children's Peace Prize for his efforts to
ensure the rights of Syrian refugee children.
36. Ministry of Health & Family Welfare awarded Bronze Medal for its creative & informative display at the 37th
India International Trade Fair 2017 being held at Pragati Maidan.
37. Veteran journalist Manik Banerjee presented with the 'Life Time Achievement Award' by the Indian
Mountaineering Foundation (IMF).
38. ―Rashtriya Bal Kalyan Award 2017‖ was given to Super 30 founder Anand Kumar for his contributions in the
field of teaching & education by President Kovind.
39. In International Bosphorus Film Festival which held in Turkey, Ishaan Khattar won Best Actor award for ‗Beyond
the Clouds‘. It is directed by Iranian filmmaker Majid Majidi.
40. Awarded ‗Most visited place of the world‘ by ‗World The Golden Temple
Book of Records‘ (WBR), London.
41. Miss World 2017 India's Manushi Chhillar (From Haryana)
42. Miss Universe 2017 Miss South Africa Demi-Leigh Nel-Peters
43. 3rd Indian Council for Cultural Relations(ICCR) Professor Hiroshi Marui of Japan
Distinguished Indologist Award
44. Mother Teresa Memorial Award for Social Justice, 2017 UN High Commissioner for Refugees (UNHCR)
45. International award from Abu Dhabi in the category of Andhra Pradesh Mineral Development Corporation
―social contribution in country value.‖ (APMDC)
46. Indira Gandhi Prize for Peace, Disarmament & Former PM Manmohan Singh
Development
47. Sri Ranganathaswamy Temple of Srirangam in Tamil Nadu won UNESCO Asia Pacific Award of Merit 2017 for
the cultural heritage conservation program.
48. Royal Opera House awarded the UNESCO Asia-Pacific Award for Cultural Heritage Conservation.

Static Takeaways from Awards & Recognition


International Gandhi Peace Prize: For contributions Padma Shri: It is awarded to citizens of India for their
towards social, economic&political transformation through distinguished contribution in several fields including
non-violence&other Gandhian methods. Education, Literature, Arts, Science, Industry, Social
Bharat Ratna: Premier civilian award, to serve the nation. Service, Medicine, Sports&Public Affairs.
Padma Vibhushan: Ranking wise the second award is the Dronacharya Award: For brilliance in sports coaching.
Padma Vibhushan in the Indian Republic. It awarded Dhyan Chand Award: Highest lifetime achievement award
people from various fields including Govt. service to in sports&games in India
distinguish extraordinary service for the country. Rajiv Gandhi Khel Ratna: Highest honor given for
Padma Bhushan: The Padma Bhushan is the highest accomplishment in sports.
civilian award third in rank in the Indian Republic. Vyas Samman: For literary in the Hindi language.
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Saraswati Samman: For outstanding prose or poetry Grammy Award: Music (From 1958)
literary works in any Indian language listed in Schedule Ramon Magasaysay Award: Govt. (Public) Service, Social
VIII of the Constitution of India. Service, Journalism, Literature,
Param Vir Chakra: Highest decoration Awarded for the Communication&International Understanding Bourlog
most conspicuous bravery or some daring or prominent act Award: Agriculture (From 1992)
of valour or self-sacrifice in the presence of the enemy on Grammy: Music
land, sea or air. Pulitzer: Journalism&Literature
Maha Vir Chakra: Second highest decoration. It is awarded Arjun: Sports
for acts of conspicuous gallantry in the presence of the Bowelay: Agriculture
enemy, whether on land, at sea or in the air. Kalinga: Science
Vir Chakra: It is the third in the order of awards for acts of Dhanwantri: Medical Science
gallantry in the face of the enemy on land, sea or air. Nobel Prize: Peace, Literature, Economics, Physics,
Ashok Chakra: Awarded for the most conspicuous bravery Chemistry, Medical Science
or some daring act of valour or self-sacrifice on land, at sea Abel: Maths
or in the air. Man Booker: Literature
Vachspati Samman: Sanskrit Literature
Academy (Oscar) Awards: Film (From 1929)

CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)

Name of the Summit Location/Held in


SUMMITS HELD NATIONALLY
1. International bird festival to held in Dudhwa National Park, UP
2. 16th International Energy Forum (IEF) Ministerial meeting to be held in New Delhi
3. 7th Asia Steel International Conference to be held in Bhubaneswar, Odisha
4. 'Kachra Mahotsav 2018' which is India's first Garbage Festival organized in Chhattisgarh
5. Israeli PM Benjamin Netanyahu inaugurated 3rd edition of 'Raisina Dialogue'on the New Delhi
topic 'Managing Disruptive Transitions - Ideas, Institutions & Idioms' in
6. 65th meeting of Central Advisory Board of Education (CABE) held in New Delhi
7. International Workshop on Disaster Resilient Infrastructure (IWDRI) held in New Delhi
8. 4 edition of India International Science Festival held in
th Lucknow, Uttar Pradesh.
9. Agriculture ministers of ASEAN countries met for the fourth sitting in New Delhi.
10. 5th Bilateral Technical Meeting on cooperation in the field of Traditional Systems New Delhi
of Medicine between Govt. of India & Malaysia held in
11. International Dharma-Dhamma conference held in (Inaugurated by President) Rajgir in Bihar
12. PM Modi inaugurated the first Persons of Indian Origin (PIO) Parliamentary Conference in Delhi.
Pravasi Bharatiya Divas observed on 9th Jan. In the Conference, the biggest delegation was from Guyana.
13. Conference on Transformation of Aspirational Districts held in New Delhi
14. 4th ASEAN-India Ministerial Meeting on Agriculture & Forestry held in New Delhi
15. ASEAN-India Commemorative Summit to commemorate 25th Anniversary of New Delhi
ASEAN-India Dialogue Relations held in
16. 7th India International Coffee Festival (IICF) to be held in Bengaluru
17. International Coffee Organization‘s World Coffee Conference 2020 Bengaluru, India
18. 78th session of the Indian History Congress Kolkata, West Bengal
19. 1 International Conference on Sports Medicine & Sports Sciences SAICON 2017
st New Delhi
Note: Inaugurated by MoS (I/C) Youth Affairs & Sports Col. Rajyavardhan Rathore.
20. International Conference on Groundwater issues in India held in New Delhi
Theme: Groundwater Vision 2030- Water Security, Challenges, & Climate Change Adaptation
21. 100th Annual Conference of Indian Economic Association held at Acharya Nagarjuna University in Guntur of
Andhra Pradesh. President inaugurated it.
22. New Delhi to host the Asean-India Connectivity Summit (AICS) on the theme "Powering Digital & Physical
Linkages for Asia in the 21st Century".
23. India to host a meeting of WTO member countries in Feb-2018 to muster support for food security & other issues.

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24. UN Women in collaboration with Facebook inaugurated event in Mumbai titled 'We the Women' to empower &
recognise the magnificent contribution of women in our society.
25. ‗Bodhi Parva: BIMSTEC Festival of Buddhist Heritage‘ New Delhi
26. Trilateral meeting of Foreign Ministers of Russia, India, & China (RIC) held in New Delhi
27. 3rd Annual Meet of Board of Governors of AIIB for 2018 Mumbai, India
Theme: ―Mobilizing Finance for Infrastructure: Innovation & Collaboration‖.
28. 14th Inclusive Finance India Summit held in New Delhi
29. 4th India-Australia-Japan Trilateral Dialogue held in New Delhi
30. Shared Value Summit 2017 with the theme ―Equity & Empowerment‖ held in New Delhi
(Minister of Industry & Commerce, Suresh Prabhu was the chief guest)
31. 15th Finance Commission first meeting under the Chairmanship of Shri N.K. New Delhi
Singh & other members held in
32. 1st International exhibition & Conference on AYUSH & Wellness sector- New Delhi
AROGYA 2017 with the theme 'Enhancing the global potential of Ayush' held in
33. 6th International Tourism Mart-2017 Guwahati, Assam
34. VP M Venkaiah Naidu inaugurated 12th Annual convention of central information commission in New Delhi.
35. a) First South-Asian edition of the Global Entrepreneurship Summit (GES), organised by NITI Aayog in
partnership with government of USA held in Hyderabad, Telangana.
b) U.S. President Trump‘s Adviser & daughter Ivanka Trump lead the US delegation.
c) The theme of the Summit was "Women First, Prosperity for All".
36. 5th Global Conference on Cyber Space inaugurated by PM Modi held in New Delhi
37. International Gita Mahotsav 2017 inaugurated by President Kovind held in Kurukshetra, Haryana
(Mauritius was partner country & Uttar Pradesh was partner state)
38. Indian Tsunami Early Warning Centre (ITEWC) based at Indian National Centre for Ocean Information Services
(INCOIS) conducted ―Multi-State Mega Mock Exercise of Tsunami for East Coast of India‖.
39. 12th meeting of Standing Committee of Inter-State Council (ISC) held in New Delhi
(It was chaired by Union Home Minister Shri Rajnath Singh)
40. Korea festival showcasing Korea's rich art, culture & heritage inaugurated at Ambience Mall, Haryana
41. 1st edition of International Symposium to Promote Innovation & Research in Energy Jaipur, Rajasthan
Efficiency (INSPIRE 2017) held in
42. Nordic-Baltic embassies will host the first ever youth film festival of the European nations in Delhi.
43. ‗India Disaster Response Summit‘ held in New Delhi
44. Ministry of Women & Child Development celebrated the Child Rights Week by hosting ‗Hausala 2017‘ festival. The
nation celebrates Children‘s Day on 14 Nov. & International Child Rights Day on 20 Nov.
45. 21st World Congress of Mental Health New Delhi
46. 37th India International Trade Fair (IITF) at Pragati Maidan in New Delhi.
Organised by India Trade Promotion Organisation (ITPO). The theme was ―Startup India Standup India‖.
Vietnam was Partner Country|Kyrgyzstan was Focus Country|Jharkhand was Partner State.
47. 34th Annual conference of Asian Bankers Association (ABA) with the theme 'Asia's Mumbai
turn to transform' to be held in
48. 15th Asia Pacific Computer Emergency Response Team (APCERT) Conference with In New Delhi
the theme "Building Trust in the Digital Economy" held in
49. India‘s first Tribal Entrepreneurship Summit jointly organized by NITI Aayog & Dantewada, Chhattisgarh
govt. of USA held in
50. Three-day AP AgTech Summit-2017 held in Visakhapatnam
51. ―12th North-East Business Summit‖ to explore the scope for business opportunities In New Delhi
in the North-Eastern region of India.
52. Ninth edition of CMS Vatavaran - an international film festival on environment & New Delhi.
wildlife with the theme Conservation 4 Water" held in
53. World Food India 2017 food Event held in New Delhi
SUMMITS HELD INTERNATIONALLY
54. An informal WTO ministerial gathering held in Davos, Switzerland

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55. PM Modi returned home his visit to Davos, Switzerland. He delivered a keynote address at the plenary session of
the 48th annual meeting of World Economic Forum. He also met his Canadian counterpart, Justin Trudeau. He also
held a meeting with Queen Maxima of the Netherlands.
56. 2nd UN World Tourism Organization/UNESCO World Conference on Tourism & Culture held in Muscat, Oman.
Note: MoS for Culture (IC) & Environment, Forest & Climate Change, Dr. Mahesh Sharma led Indian delegation
57. International Conference on Climate Change, 'Resilient Hindu Kush Himalaya: Nepal
Developing Solutions towards a Sustainable Future for Asia' inaugurated by
Nepal President Bidya Devi Bhandari held in
58. 3rd Dialogue b/w NITI Aayog & Development Research Council of China, co Beijing
chaired by VC Dr. Rajiv Kumar, & Mr Li Wei, President (Minister), DRC held in
59. Asia-Pacific Economic Cooperation (APEC) Economic Leaders‘ Meeting 2017 with Da Nang, Vietnam
the theme ‗Creating New Dynamism, Fostering a Shared Future‘ held in
Note: APEC summit 2018 to be held in Papua New Guinea.
60. 10th South Asia Economic Summit (SAES) with the theme ―Deepening Economic Kathmandu, Nepal
Integration for Inclusive & Sustainable Development in South Asia‖.
61. 31st ASEAN (Association of Southeast Asian Nations) Summit with the theme Manila, Philippines.
"Partnering for Change, Engaging the World" held in
Note: Philippine President Rodrigo Duterte chaired the summit.
62. A Curtain Raiser Event for the Founding Ceremony of the International Solar Bonn, Germany
Alliance (ISA) was held in
63. 2017 UN Peacekeeping Defence Ministerial Conference held in Vancouver, Canada
64. IV Global Conference on the Sustained Eradication of Child Labour Buenos Aires(Argentina)
65. WHO Global Ministerial Conference ―Ending TB in the Sustainable Development Moscow, Russia
Era: A Multisectoral Response‖ held in

COMMITTEES IN NEWS

Purpose for which Committee is formed Headed by


1. 12-member inter-ministerial committee to look for changes in the existing B.R. Sharma
law of playing of the national anthem in cinema halls & public places.
2. 14-member panel to study the usage of social media & other digital Umesh Sinha
platforms before elections
3. High-level committee set upby the Govt. to address the problem of stressed Headed by NITI Aayog chief
assets in India's power sector. executive Amitabh Kant
4. 7-member committee formed by Union Environment Ministry to formulate Environment Secretary C.K.
measures to solve the problem of air pollution in Delhi-NCR region. Mishra
5. Govt. set up a ministerial panel to consider & oversee mergers among the FM Arun Jaitley
country‘s 21 state-run banks.
6. Govt. constituted task force for redrafting the 50-year old income tax law in Arbind Modi, CBDT Member
sync with the economic needs of the country. (Legislation) as the Convener
7. Panel formed by RBI for hedging commodities in global markets Chandan Sinha
8. Economic Advisory Council to PM (EAC-PM) held its first meeting in New EAC-PM is chaired by Dr. Bibey
Delhi to deliberate upon & lay out a roadmap to give a leg up to the Indian Debroy
economy in the short term.
9. Inter-State Council (investigates & advises on disputes between states) has PM Modi is the Chairman
been reconstituted
10. Committee formed for the review of the laws governing Goods & Services M Vinod Kumar
Tax (GST).
11. Panel for by the Govt. to study merger of District Central Cooperative Yashwant Thorat
Banks (DCCBs) with Maharashtra State Cooperative (MSC) Bank
12. Group of ministers (GoM) on making the GST composition scheme more Assam Finance Minister Himanta
attractive held its first meeting in New Delhi. Biswa Sarma

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The 5-member GoM, led by:
13. 5-member committee formed to select the candidate for the post of editor- Prasar Bharati Chairman A Surya
in-chief of Rajya Sabha TV (RSTV). Prakash
14. President Kovind appointed a five-member Committee to examine sub- Headed by Delhi High Court's
categorization of OBCs under Article 340 of the Constitution. former Chief Justice G Rohini
15. Govt.'s Committee on Haj Policy has recommended phasing out of subsidy Headed by Afzal Amanullah
for Haj pilgrims & allowing women devotees above 45 years of age to travel
in a group of at least four without a male
16. Centre has set up a high-level committee for proper management of water NITI Aayog Vice Chairman Rajiv
resources in the North-Eastern region to be head by Kumar

NATIONAL CURRENT AFFAIRS

INDIA & WORLD Bollywood‘. He also launched a monthly magazine


On the eve of ASEAN-India Commemorative Summit titled ‗Namaste Shalom‘.
to celebrate 25 years of India-ASEAN partnership, PM PM Modi & PM Benjamin Netanyahu inaugurated the
Modi held bilateral meetings with leaders of three 'iCreate Centre' at Deo Dholera in Ahmedabad.
ASEAN nations - Myanmar, Vietnam & Philippines iCreate paves way for the two nations to jointly script
in New Delhi. PM met his Vietnamese counterpart new stories of success through innovation.
Nguyen Xuan Phuc, he met Philipino President India joined the Australia Group export control
Rodrigo Duterte & then he met the Myanmar's State regime & has become the 43rd Member of that Group.
Councillor Aung San Suu Kyi. It is an informal forum which seeks to ensure that
India celebrated its 69th Republic Day on 26th January exports do not contribute to the development of
in Rajpath, New Delhi. Heads of ten ASEAN countries chemical or biological weapons.
are chief guests at Republic Day. The family members Cabinet approved agreement between India &
of Corporal Jyoti Prakash Nirala (Posthumous) of IAF, Myanmar on Land Border Crossing. This will facilitate
who died fighting militants in Kashmir valley, received movement of people on the basis of valid passports &
India‘s highest peacetime gallantry award, Ashok visas which will enhance economic & social interaction
Chakra. between the two countries.
India & Vietnam released first ever set of India excluded Pakistan from the list of SAARC
commemorative postage stamps to mark the long-term member countries with which it will be connecting
friendly bilateral relationships between two countries. its state-of-the-art National Knowledge Network
PM Modi visited Davos, Switzerland to attend the (NKN) for sharing scientific databases & remote access
48th annual meeting of the World Economic to advanced research facilities. NKN is a multi-gigabit
Forum. The theme of the meet is 'Creating a shared pan-India network which facilitates the development of
future in a fractured world'. India's communications infrastructure, stimulates
India-ASEAN business & investment conference held research & creates next-generation applications &
in New Delhi. services.
India & Israel signed nine documents to further the As per the Union Minister for Minority
cooperation. It includes cooperation in; Cybersecurity, Affairs Mukhtar Abbas Naqvi, Saudi Arabia has given
Petroleum & natural gas, film co-production, the green signal for India‘s decision to revive the option
homoeopathy medicines, space science, boosting of sending Haj pilgrims through sea route also. For
investment, metal-air batteries & solar thermal the first time, Muslim women from India will go to
technology & document for the amendment to the air Haj without ―Mehram‖ (male companion).
transport agreement. Indian Government to set up a $ 350 million solar
Bangladesh, India & Nepal given nod to operating development fund for financing solar projects.
procedures for movement of passenger vehicles in the PM Modi stated that Republic Day celebration in 2018
sub-region under Bangladesh-Bhutan-India-Nepal would be "remembered through the ages" because the
(BBIN) motor vehicles agreement. It was signed in 2015 govt. for the first time in India's history would host
in Thimphu, Bhutan for seamless flow of passenger & leaders of 10 ASEAN countries as chief guests on 26th
cargo traffic in the region. January 2018.
Israeli PM Benjamin Netanyahu also visited Mumbai India is set to jump Britain & France in 2018 to
during his visit to India. He addressed the India-Israel become the world‘s fifth-largest economy in dollar
Business Summit & attended the ‗Shalom terms, as the Centre for Economics & Business

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Research (CEBR) consultancy‘s 2018 World Economic prevention of fiscal evasion with respect to taxes on
League Table. The Top 3 Economies of the world as income.
per World Economic Forum are- USA, China, & Japan. India re-elected as the member of the UNESCO‘s
Govt. of India, Govt. of Tamil Nadu & the World executive board. The election held at the 39th session of
Bank signed a $318 million loan agreement for the the General Conference of the UNESCO in Paris,
Tamil Nadu Irrigated Agriculture Modernization France.
Project to promote climate resilient agriculture 4 agreements signed by India & Philippines in areas
technologies, improve water management practices, & including Defence Cooperation & Logistics, agriculture,
increase market opportunities for small & marginal Micro, Medium & Small Enterprises-MSME & forging
farmers. closer relations between the Indian Council of World
World Bank committed $125 million (around Rs. 800 Affairs & the Philippines Foreign Service Institute.
crores) loan to India for STRIVE project for skill India, the United States, Japan & Australia held their
development. first official-level talks in Manila, Philippines with a
External Affairs Minister Sushma Swaraj & focus on keeping the India-Pacific region "free & open".
her Jordanian counterpart Ayman Al Safadi held a India & France agreed to deepen security cooperation,
bilateral meeting in New Delhi & discussed deepening bilaterally & in the multilateral fora, & strengthen
bilateral ties across multiple sectors. strong commitment to combating terrorism in all its
In a move aimed at combating black money stashed forms & manifestations.
abroad, India signed an agreement with Switzerland India & Tunisia agreed to jointly combat terrorism &
that would allow automatic sharing of tax-related extremism while ramping up cooperation in the field of
information. security. This was signed at the 12th India- Tunisia
India re-elected to the Council of the International Joint Commission Meeting. External Affairs Minister
Maritime Organisation under Category B. Indian High Sushma Swaraj co-chaired with her Tunisian
Commissioner to the UK Y K Sinha represented India at counterpart Khemaies Jhinaoui. Six agreements in the
the assembly. fields of judicial cooperation, cooperation in youth
Govt. to Govt. Umbrella Agreement between India & issues, information & communications technology,
Germany concerning Financial Cooperation in 2016 (II) trade & business, were also signed.
signed to formalize an amount up to Euro 200 million India pledged an additional amount of USD 100
for Financial Cooperation in form of loan for the million towards the UN partnership fund, scaling up
project ‗Climate Friendly Urban Mobility III‘ & Euro its support to sustainable development projects across
11 million accompanying measures in form of grant the developing world.
for four projects.
India & Cuba signed MoU for enhanced cooperation
in the health sector.
Union Agriculture & Farmers Welfare Minister, Shri
Radha Mohan Singh with H.E Maurizio Martina,
Italian Minister for Agriculture Food & Forestry
Policies have signed a new MoU for cooperation in
Agriculture & Phytosanitary issues.
India re-elected to the Council of the International
Maritime Organisation under Category B. Indian High
Commissioner to the UK Y K Sinha represented India at
the assembly.
The government of India will assist Mauritius to
develop & set up digital locker services, on the
sidelines of Global Conference on Cyber Space 2017.
Russia will assist India to set up a national crisis
management centre in the country to handle disaster &
other emergency situations.
OTHER NATIONAL CURRENT AFFAIRS
PM Modi & his Bangladeshi counterpart Sheikh Hasina
Marking the 69th Republic Day celebrations, Khadi &
jointly inaugurated the long-awaited direct train-
Village Industries Commission (KVIC) & New Delhi
service between Kolkata & Khulna. The new train
Municipal Council (NDMC) have launched the first
service is called Bandhan Express.
ever 'Khadi Haat' in the country.
Govt. notified the third protocol between India &
New Zealand for avoidance of double taxation &
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The ‗I4Fund Call for Proposal‘ was announced by the reduce the level of stunting, under-nutrition, anemia &
two PMs (Narendra Modi & Benjamin Netanyahu). The low birth weight babies.
"India-Israel Industrial R&D & Technological Combining the production of all types of fisheries
Innovation Fund (I4F)" was announced in 2017. Under (capture & culture), the total fish production has
this, Department of Science & Technology, India & reached at about 11.41 million tonnes in 2016-17 &
National Innovation Authority of Israel established a India has become the second largest fish producing
40 million US dollar Fund. country in the world.
Election Commission of India announced dates for Union Cabinet chaired by PM Modi has approved
elections to the Assemblies of Meghalaya, Tripura & India's Membership for European Bank for
Nagaland. Polling for legislative assembly elections in Reconstruction & Development (EBRD).
Tripura on 18 February, while Meghalaya & Nagaland Minister of Women & Child Development, Smt Maneka
will go to vote on 27 February. All the three states have Sanjay Gandhi launched an intensive training program
60 seats each in their assembly. for Elected Women Representatives of Panchayati Raj
As per the Power Minister RK Singh, India will set up Institutions & Master Trainers, in New Delhi.
a $350-million fund to finance solar projects as the Govt. embarked upon a major policy initiative for the
country steps up efforts to achieve its ambitious target rapid transformation of 115 backward districts across
of adding 175 gigawatts (GW) in renewable energy by the country by 2022. Senior level government officials,
2022. at the rank of Additional Secretary & Joint Secretary,
Unique Identification Authority of India (UIDAI) have been nominated as ‗Prabhari‘ officers for each
introduced a concept of 'Virtual ID' to further district. A detailed briefing of these officials was held
strengthen privacy & security of Aadhaar number under the chairmanship of Cabinet Secretary P.K.
holders. The Aadhaar number holder can use 'Virtual Sinha.
ID' in place of an Aadhaar number whenever Union Home Ministry formed two new divisions to
authentication or KYC services are performed. exclusively deal with emerging security challenges
PM Modi will become the first PM in 20 years to such as radicalization & cyber crime. The two divisions
attend the World Economic Forum‘s (WEF) annual called Counter-Terrorism & Counter-Radicalization
celebration of the global elite. The meeting will be held (CTCR) & the Cyber & Information Security (CIS).
in Davos town of Switzerland. CTCR wing is basically modified version of the Home
India is all set to get its first runway on a ‗sea bridge‘, Ministry‘s internal security-II division. CIS division will
as the Airports Authority of India (AAI) has been given monitor online crimes & threats, including cyber fraud
a nod to extend Lakshadweep‘s Agatti Airport. & hacking.
Lok Sabha passed the Muslim Women (Protection of Centre given an in-principle approval to provide an
Rights on Marriages) Bill 2017 making instant triple assistance of Rs 10,000 crore to fund 107 irrigation
talaq illegal with up to three years in jail for the projects in drought-hit Vidarbha & Maratha regions
husband. of Maharashtra.
India's first & only design university, 'World India topped the list of seven countries, accounting for
University of Design' opened its campus at Sonipat, 64% of 10.4 million new tuberculosis (TB) cases
Haryana. worldwide in 2016, as per report by the World Health
Elite export control regime Wassenaar Arrangement Organisation. An estimated 1.7 million people died
(WA) decided to admit India as its new member. from TB in 2016.
India declared free from infectious Trachoma which is SC ruled that technical education cannot be provided
a contagious bacterial infection of the eye. It causes through correspondence courses. The Apex Court
inflamed granulation on the inner surface of the lids. restrained educational institutions from providing
Half a billion people have gained access to electricity courses in technical education like engineering.
in India since 2000, almost doubling the country‘s India Pavilion at Conference of Parties (COP) 23
electrification rate, as per the World Energy Access inaugurated by Union Minister of Environment, Forest
report released by the International Energy Agency . & Climate Change, Dr. Harsh Vardhan at Bonn in
PM Modi inaugurated the BR Ambedkar International Germany. The 23rd United Nations Framework
Centre in New Delhi. He also unveiled two statues of Convention on Climate Change (UNFCCC) held at the
the Dalit icon at the center in Janpath. Bonn, Germany. India‘s theme for COP 23 is
Union Cabinet chaired by PM Modi has approved ―Conserving Now, Preserving Future‖.
setting up of National Nutrition Mission (NNM) with Union Home Minister Rajnath Singh along with
a 3-year budget of Rs.9046.17 crore commencing from Minister of Petroleum & Natural Gas & Skill
2017-18. The program through the targets will strive to Development & Entrepreneurship Dharmendra
Pradhan inaugurated India's first Pradhan Mantri
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Kaushal Kendra (PMKK) for Skilling in Smart Cities, highway program connecting border areas, improving
in collaboration with New Delhi Municipal Council international, port & coastal connectivity.
(NDMC). India overtakes the US to become the world‘s second-
Union Home Minister Rajnath Singh announced that largest smartphone market, trailing only China, as per
former Director IB Dineshwar Sharma was Canalys.
handpicked by the Ministry of Home Affairs (MHA) Union Cabinet approved over Rs 7,000 crore for
to hold a dialogue with stakeholders of Jammu & construction of permanent campuses of six new
Kashmir. A sustained dialogue will be initiated with all Indian Institute of Technology (IITs) across the
shades of opinion in Kashmir Valley. country. Each of the permanent campuses to be
Union Cabinet approved the biggest ever highway established at Tirupati (Andhra Pradesh), Palakkad
project to develop & expand approximately 83,000 km (Kerala), Dharwad (Karnataka), Jammu (Jammu &
of roads at an investment of Rs 6.9 lakh crore by 2022. Kashmir), Bhilai (Chhattisgarh) & Goa will have a
The project also includes the new 28,400 km Bharatmala facility for housing 1,200 students from the academic
year 2020-2021.

INTERNATIONAL CURRENT AFFAIRS


Iceland become first country in the world to legalise Saudi Arabia & the United Arab Emirates
equal pay among men & women. (UAE) introduced value-added tax (VAT). These
Romania's left-wing PM Mihai Tudose resigned after are the first two countries in the Gulf which have
losing the backing of his party due to internal power introduced the VAT system. The 5% levy is being
struggles. applied to the majority of goods & services.
India & Sri Lanka signed four agreements for Equatorial Guinea, Ivory Coast, Kuwait, Peru, Poland
collaboration in the Information & communication & the Netherlands formally joined the ranks of the
technology (ICT) sector, setting up of an e-office system non-permanent members of the United Nations
& connecting of National Knowledge Network (NKN) Security Council to make a difference.
for collaboration among universities & academics. With The unusual & very efficient whistle
this, Sri Lanka become the first country to be connected language commonly called "bird language" used as a
to India‘s NKN. means of communication by villagers in remote
India, for the first time, took part in meeting of the northern Turkey entered the UNESCO list of
international military cooperation departments of the Intangible Cultural Heritage.
Shanghai Cooperation Organisation (SCO) in Beijing, Pakistan allowed Chinese currency Yuan for exports
China. & financing transactions.
Valletta, the capital of Malta, was officially named External Affairs Minister Sushma Swaraj co-chaired
European Capital of Culture 2018. the fifth meeting of the India-Indonesia Joint
India signed an MoU with the United Kingdom to Commission with her Indonesian counterpart Retno
enable the return of illegal Indian migrants within a Marsudi.
month of their detection by authorities abroad. Himalayan Hydro Expo 2018 held at Kathmandu, the
China became Nepal‘s second internet service capital Nepal. President of Nepal Bidya Devi
provider, breaking India‘s monopoly in providing Bhandari inaugurated the exhibition.
internet access to Nepal. Prince Harry has been named the president of African
UN Environment & the World Health Organization Parks, a conservation group that manages a dozen
agreed a new, wide-ranging collaboration to accelerate wildlife areas across the continent.
action to curb environmental health risks that cause an US President Trump signed into law a sweeping
estimated 12.6 million deaths a year. overhaul of the US tax code. Congress passed the 1.5
World‘s largest Ice Festival 'International Ice & Snow trillion dollars overhaul, set to impact every corner of
Festival' was held in Harbin, China. It is the 34th the economy through dramatic tax cuts for
annual Ice Festival in Harbin, north-east China. corporations & temporary reductions for individuals.
Nepal has banned solo climbers from scaling its World Health Organisation has declared Gabon a
mountains, including Mount Everest, in a bid to "polio-free country", given the lack of new reported or
reduce accidents. suspected cases in the central African country.
Israel filed notice to withdraw from the UNESCO France's parliament approved a law banning all
alongside the United States. Israel was the member of exploration & production of oil & natural gas by 2040
UNESCO since 1949. Both Israel & the US have filed its within the country & its overseas territories.
own withdrawal notice in October 2017.

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Washington resident Shree Saini has been crowned politician, called SAM, was created by Nick
Miss India USA 2017. Gerritsen, a 49-year-old entrepreneur in New Zealand.
Iraq has overtaken Saudi Arabia for the first time to Myanmar's de facto leader Aung San Suu Kyi
become India's top crude oil supplier in the current stripped of the Freedom of Oxford award over her
fiscal, according to the Oil Minister Dharmendra "inaction" in handling the raging Rohingya refugee
Pradhan. crisis & turning a "blind eye to violence" in the country
President of USA Donald Trump announced that the that forced over 600,000 people to flee to Bangladesh.
US now recognizes Jerusalem as Israel's capital, European Union Election Observation Mission
overturning decades of official US policy. officially launched to monitor the general & provincial
China Three Gorges New Energy Co. is building a 1 polls in Nepal which are scheduled for November 26 &
billion yuan ($151 million) floating solar power plant, December 7.
the world‘s biggest, in the nation‘s eastern province of Saudi Arabian government approved the practice of
Anhui. yoga as a sports activity, claimed a social media post of
Mount Hope, in the British Atlantic Territory, Nouf Marwaai, founder of the Arab Yoga Foundation
recently re-measured & found to be 377 metres taller in the Saudi kingdom.
& thus Becomes UK's New Highest Mountain. Typhoon Damrey arrived in Vietnam. It was the
Saudi Arabia will have its first public cinemas in strongest cyclone in 16 years.
more than 35 years after the govt. announced the lifting China launched world's first all-electric ship that can
of the ban on movie theatres. travel up to 80 km with 2000-tonnes cargo after a two-
Google announced that it will open a research lab hour charge. The 70.5-metre-long ship, which weighs
focused on Artificial Intelligence (AI) in Beijing, about 600 tonnes, was launched in Guangzhou in South
China. It will be its first such center in Asia. China's Guangdong Province.
Norway became the world's first country to shut down As per UN report, Syria has officially signed up to the
national broadcasts of its FM network by completing Paris Agreement, leaving the United States as the only
its transition to digital radio. country to reject the global climate-rescue pact. Syria
IMF approved a new USD 88 billion credit line for became 169th of 196 countries that are members of the
Mexico which will boosts Mexico‘s ability to UN climate convention.
immediately deal with a potential need for liquidity. Food & Drug Administration approved the first drug
Raj Shah who holds a key position in the White House, in the United States with a digital ingestion tracking
gaggled with reporters on board US Presidential system, in an unprecedented move to ensure that
chopper Air Force One, becoming the first Indian- patients with mental illness take the medicine
American to enjoy the privilege. prescribed for them.
The first phase of Chabahar port inaugurated by With more than 1.5 million book titles & 1,650
Iranian President Hassan Rouhani. The port, located publishing houses from 60 countries, Sharjah
in Iran‘s southeastern Sistan-Baluchestan Province. International Book Fair (SIBF) opened its doors to
ADB Board of Directors has approved debt financing public & trade visitors. It is the third largest book fair
& partial risk guarantees totaling $583 million to in the world. The book fair was held under the theme
develop the Reliance Bangladesh Liquefied Natural ‗A World in My Book‘.
Gas (LNG) & Power Project. China unveiled Asia's largest artificial island-building
Australia‘s parliament legislated for marriage ship. The 140-metre-long vessel has been dubbed as
equality, passing a bill almost unanimously to allow "magic island maker". It is capable of digging 6,000
two people, regardless of sex, to marry. Australia cubic metres an hour, which is equivalent to three
becomes the 25th country to recognize same-sex standard swimming pools. The boat named Tian Kun
marriage. Hao is equivalent of three standard swimming pools.
US President Donald Trump & Russian President As per the govt. of Kazakhstan, the name of this
Vladimir Putin agreed to support the U.N. effort to Central Asian Country will change to Qazaqstan by
"peacefully resolve" the nearly seven-year-long Syrian 2025.
civil war. PM Modi visited International Rice Research Institute
Robert Mugabe resigned as President of Zimbabwe (IRRI) in Los Banos, Philippines & inaugurated ‗Shri
with immediate effect after 37 years in power. Narendra Modi Resilient Rice Field Laboratory‘ there.
Scientists developed the world‘s first artificial DMRC with Embassy of Sweden jointly inaugurated
intelligence politician that can answer a person‘s Nobel Memorial Wall at the Rajiv Chowk Metro
queries regarding local issues such as policies around station, Delhi.
housing, education & immigration. The virtual Lebanese PM Saad al-Hariri resigned from his post.

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Countries | Capital | Currency Part 2 Cyprus: Nicosia |Euro, Cypriot pound
International Maritime Organization: HQ: London, San Marino: San Marino |Euro
UK| Head: Kitack Lim Peru: Lima |Sol
UNESCO: United Nations Educational, Scientific & Iceland: Reykjavik |Icelandic króna
Cultural Organization| HQ: Paris, France Angola: Luanda |Angolan kwanza
Cuba: Havana | Cuban convertible peso, Cuban peso Serbia: Belgrade |Serbian dinar
Tunisia: Tunis | Tunisian dinar Papua New Guinea: Port Moresby |Papua New
Myanmar: Naypyidaw | Burmese kyat Guinean kina
Iran: Tehran | Iranian rial Uzbekistan: Tashkent | Uzbekistani soʻm
Libya: Tripoli | Libyan dinar Iraq: Baghdad |Iraqi dinar
Yemen: Sana'a | Yemeni rial Norway: Oslo | Norwegian krone
Chad: N'Djamena | Central African CFA franc Malta: Valletta | Euro
Lebanese: Beirut | Lebanese pound Bolivia: Sucre | Bolivian bolivian
Nicargua: Managua | Nicaraguan córdoba
Burundi: Bujumbura | Burundian franc
CURRENT AFFAIRS RELATED TO STATES IN INDIA

NORTHERN STATES Uttar Pradesh cabinet decided to make India's first


Delhi CM Arvind Kejriwal launched a common card conservation reserve for blackbuck in Allahabad's
for rides on public buses & the metro. Delhi is the Meja.
first city in the country to have a common mobility Border Roads Organisation (BRO) built the world's
card. highest motorable road at a height of over 19,300 feet.
24X7 'Gudiya helpline' was set up by Himachal The road constructed in the Ladakh region of J&K. 86-
Pradesh CM, Jai Ram Thakur for reporting crimes kilometre road constructed under 'Project Himank' of
against women. ‘Gudiya‘ is a nickname given to the 16- the BRO.
year-old victim of rape & murder.
BJP Chief Amit Shah launched "Yuva Udghosh EASTERN STATES
programme" in Varanasi, UP. Kolkata become the first Indian Metro to get a
Senior BJP leader Jai Ram Thakur took oath as the 6th Floating Market. The market will be located on a
CM of Himachal Pradesh. He has replaced Virbhadra water-body with boats doubling up as shops.
Singh. West Bengal CM Mamata Banerjee unveiled the
UP's Shamli district included in the National Capital official emblem which highlights the Ashoka emblem
Region (NCR), taking the total number of districts in on the top with the theme of "Biswa Bangla" at the
the NCR to 23. centre.
Uttar Pradesh becomes the first state to endorse the Bihar CM Nitish Kumar laid foundation stones for
Centre's draft bill that makes instant triple talaq a more than 100 projects worth Rs. 700 crores in
cognizable & non-bailable offense. As per the draft Nalanda district as part of his state-wide "Vikas
law, its three years' imprisonment & a fine to a Muslim Samiksha Yatra".
man trying to divorce his wife by uttering "talaq" three Oil minister Dharmendra Pradhan inaugurated
times. eastern India‘s first compressed natural gas (CNG)
The world's biggest toilet pot model unveiled at stations for scooters in Bhubaneswar, Odisha.
Marora, popularly known as "Trump village", in Nagaland is all set to celebrate the 54th Statehood Day
Haryana on World Toilet Day (19 November) in a bid & the 18th Hornbill festival 2017 at Naga Heritage
to create awareness towards sanitation & use of toilets. Village, Kisama.
Haryana government signed initial pacts worth Rs.
2,069 crores with 44 agro-based & food processing NORTH-EASTERN STATES
enterprises & establishments that will provide Arunachal Pradesh declared open defecation
employment to 5,012 persons. free ahead of the national deadline of October 2, 2019.
Haryana emerged as the first state in the country to Madhya Pradesh, Maharashtra, Chhattisgarh,
treat Hepatitis-C patients through oral medicine. Jharkhand, & Haryana were declared open defecation
Haryana Govt. announced lifetime monthly pension free states in October 2017.
of Rs 10,000 for 'Hindi Satyagrahis' & those from the Minister of State (I/C) of Ministry of Devt. of North
state who were jailed during the Emergency. Eastern Region Jitendra Singh announced
that Arunachal Pradesh would get its first Film &

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Television Institute. This would be the second one Gujarat‘s commercial capital Ahmedabad formally
after Pune. accorded the status of India‘s first World Heritage
The citizen of Assam witnessed the release of the first City by UNESCO.
draft of National Register of Citizens The Kandla Port, one of the top 12 major ports in the
(NRC) containing the first batch of 19 million names of country, has been renamed as Deendayal Port in the
genuine Indian citizens in compliance with the name of Hindutva icon Pandit Deendayal Upadhyay.
Supreme Court 's orders. Registrar General of India
Sailesh released the document. Assam is the only state CENTRAL STATES
in the state that has an NRC. 'Pradhan Mantri LPG Panchayat' was launched by CM
Assam Assembly is to introduce digital budget in its of Jharkhand Raghubar Das at Balijore village, in
upcoming session. Dumka district of Jharkhand. As per him, Jharkhand is
PM Modi inaugurated the 60-megawatt Tuirial the first state in India, where beneficiaries are provided
hydroelectric power project in Aizawl. stoves along with gas connections.
Assam govt. has signed an MoU with Isha Foundation MP Assembly unanimously passed a Bill awarding
to conserve & rejuvenate the rivers of Assam. death to those found guilty of raping girls aged 12 &
Nagaland is all set to celebrate the 54th Statehood Day below. With this, Madhya Pradesh becomes the first
& the 18th Hornbill festival 2017 at Naga Heritage State where those convicted of such rapes will face the
Village, Kisama. gallows.
Nagaland became the first State in the Northeast to Chhattisgarh Government imposed a ban on the
launch Point of Sale (POS) facility for electricity bill bursting of firecrackers in six of its cities, including the
payment, where the mode of payment will be cashless. state capital Raipur, ahead of the wedding season.
It was launched at Kohima. Madhya Pradesh has won the ‗Best Tourism State‘
A group of ministers (GoM) set up under Assam national award for the third consecutive year.
Finance Minister Himanta Biswa Sarma to make the President Ram Nath Kovind handed over the award,
composition scheme more attractive & also revisit GST named as ‗Hall of Fame Award‘, to Minister of State for
rates on restaurants. Tourism Surendra Patwa.
Tripura become the first state in the country to set up
family welfare district committees to examine the SOUTHERN STATES
complaints of women against their husbands & in-laws
& find an amicable solution. Tripura High Court is the The first Post Office Passport Seva Kendra (POPSK)
first high court among 24 high courts of the country of Puducherry was inaugurated at Karaikal.It is the
that has constituted the family welfare district 60th POPSK to become functional & first POPSK to
committees. become operational in the UT of Puducherry.
Andhra Pradesh Govt. & the Canton of Zurich signed
WESTERN STATES a letter of intent, to promote mutual prosperity &
PM Modi inaugurated the project commencement of development.
Rajasthan Refinery at Pachpadra in Barmer district. Minister of State (IC), for AYUSH, Shri Shripad Yesso
This is the first oil refinery in the state. The 43,000 Naik laid the foundation stone for Central Research
crores rupee project is a joint venture between HPCL & Institute (CRI) in Jaipur, Rajasthan. This will be the
the Rajasthan Govt. third CRI under the aegis of Central Council for
The first state in India to completely implement door- Research in Homoeopathy (CCRH).
to-door garbage collection in all areas under urban Maharashtra become the first state in the country that
bodies is Madhya Pradesh. has come out with a public cloud policy, virtually
Vijay Rupani was sworn as the CM of Gujarat mandating its departments to shift their data storage
state. Governor Om Prakash Kohli administered the onto the cloud.
Oath of Office & Secrecy to 21 ministers including Mr The govt. of Tamil Nadu has launched an e-
Rupani & his deputy Nitin Patel. governance policy to help public, government &
Rajasthan become the first state in the country to commercial establishments avail all services through
launch free email addresses in Hindi (in Devanagari digital medium.
script) for its residents. India's first National Park for differently abled people
PM Modi inaugurated unique world-class hospital at was inaugurated by Telangana govt. in Hyderabad.
Swaminarayan Gurukul Vidyapeeth Pratisthanam in Maharashtra State‘s tableau has been adjudged as the
Ahmedabad, Gujarat. This world-class hospital aims at ‗Best Tableau‘ at 69th Republic Day parade.
providing top of the line medical & health care on
subsidized rates.
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Mumbai got India's first ever AC suburban local train conventional lights with light-emitting diode (LED)
as Christmas gift. The first service of the 12-coach EMU lighting, among other steps.
will commence between Borivali & Churchgate. Telangana sgovt.‘s prestigious Kaleshwaram Lift
Karnataka's capital city Bengaluru has become Irrigation Scheme (KLIS) finally got the Green Nod
the first Indian city to have its own logo after the state from central govt.
govt. launched it. Kerala govt. lead by Left Democratic Front (LDF)
Nirmala Sitharaman launched a start-up incubation decided to raise the legal drinking age from 21 to 23
centre called the Centre for Entrepreneurship years.
Opportunities & Learning (CEOL) in Mangaluru, Goa has celebrated its 56th Liberation Day on 19th
Karnataka. December.
President Kovind, dedicated to the people of Andhra Air Force & Coast Guard have launched a massive
Pradesh four projects of the State Govt. The Projects rescue operation off the Kerala coast to save hundreds
were AP Fibregrid Project, AP Surveillance Project, of fishermen stranded in the rough sea hit by Cyclone
Drone Project; & Free Space Optical Communication Ockhi.
(FSOC) system. He focused on the 24/7 hyper- Telugu would be implemented as a compulsory
connected world & the online presence of the govt. subject in the CBSE & ICSE schools, from the next
Andhra Pradesh Cabinet approved scheme to provide academic year in Telangana.
a pension of Rs 1500 to transgenders above 18 years in Telangana CM K Chandrashekar Rao declared Urdu
the state. Under this, transgenders will be provided as the state's second official language. Every office in
ration cards, plots, & scholarships, also skill the state will now have an Urdu speaking officer.
development for financial stability. Govt. given go-ahead for setting up India‘s first mega
Andhra Pradesh assembly unanimously passed the coastal economic zone (CEZ) at the Jawaharlal Nehru
Kapu reservation bill which will provide the Port in Maharashtra as part of a plan to develop 14
community with a 5% quota in education & such industrial clusters to spur manufacturing &
employment in the state. generate jobs.
Kacheguda Railway Station in Hyderabad under Kerala government inked an MoU with Intel & UST
South Central Railway (SCR) earned the unique Global for exploring the possibility of transforming the
distinction of being the first Energy Efficient ‗A1 state into an electronic hardware manufacturing hub.
Category‘ Railway Station on Indian Railways. It 15th International Film Festival for Documentary,
achieved 100% energy efficiency by replacing 1,312 Short & Animation films to be hosted by Mumbai in
Jan-Feb 2018.

ALL ABOUT THE STATES IN INDIA


CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS / POWER PLANTS IN INDIA

States National Parks(NP) Wild Life Sanctuaries Power Plants


J&K Dachigam National Park Gulmarg WLS -
CM : Mehbooba Mufti Hemis National Park Limber WLS
Governor: Narendra Vohra Kishtwar National Park Nandini WLS
Capital: Jammu(Winter) Salim Ali National Park
Srinagar(Summer)
Himachal Pradesh Pin Valley National Park Bandli WLS Girinagar Hydel Project
Great Himalayan National Daranghati WLS Binwa Hydel Project
CM: Jairam Thakur Park Dhauladhar WLS Rangtong Hydel
Governor: Acharya Dev Inderkilla National Park Nargu WLS Project
Vrat Khirganga National Park Pong Dam Lake WLS Baner&Neugal Project
Capital: Shimla Simbalbara National Park Shilli WLS
Talra WLS
Punjab Abohar WLS Guru Gobind Singh
CM: Captain Amarinder Harike Lake WLS Super Thermal Power
Singh Jhajjar Bacholi Plant
Governor: V P Singh WLS
Badnore
Capital: Chandigarh

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Haryana Kalesar National Park Bhindawas WLS Gorakhpur Atomic
Sultanpur National Park Kalesar WLS Power Station
CM: Manohar Lal Khattar Khaparwas WLS Deenbandhu Chhotu
Governor: Kaptain Solanki Ram TPS
Capital: Chandigarh Rajiv Gandhi TPS
UP Dudhwa National Park Hastinapur WLS Narora Atomic Power
Ranipur WLS Station
CM: Yogi Adityanath Sohagibarwa WLS Rihand Thermal Power
Governor: Ram Naik Sur Sarovar WLS Station
Capital: Lucknow Chandraprabha WLS Anpara Thermal Power
National Chambal Station
WLS
Bihar Valmiki National Park Gautam Budha WLS Kahalgaon Super
CM: Nitish Kumar Kaimur WLS Thermal Power Station
Governor: Satya Pal Malik Pant (Rajgir) WLS Barauni TPS
Capital: Patna Valmiki WLS
Chattisgarh Indravati National Park Badalkhol WLS Sipat Thermal Power
Kanger Valley National Bhairamgarh WLS Plant
CM: Raman Singh Park Bhoramdev WLS Hasdeo TPS
Governor: Balram Tandon Guru Ghasi Das (Sanjay) Udanti Wild Buffalo Bhilai Expansion Power
Capital: Raipur WLS Plant
Jharkhand Betla National Park Lawalong WLS Chandrapura TPS
CM: Raghuvar Das Palkot WLS Koderma Thermal
Governor: Draupadi Parasnath WLS Power Station
Murmu Bokaro TPS
Capital: Ranchi
Andhra Pradesh Sri Venkateswara National Coringa WLS Simhadri Super
Park Kolleru WLS Thermal Power Plant
CM: N. Chandrababu Naidu Nellapattu WLS Sri Damodaram
Governor: E.S.L Pulicat Lake WLS Sanjeevaiah Thermal
Narasimhan Rajiv Gandhi Power Station
Capital: Amravathi (Nagarjuna Sagar-
[*Hyderabad initially] Srisailam) WLS
Rollapadu WLS
Telangana Mrugavani National Kawal WLS
CM: K. Chandrashekar Rao Park
Governor: E. S. L.
Narasimhan
Capital: Hyderabad
Assam Dibru-Saikhowa NP Amchang WLS Bongaigaon Thermal
Kaziranga National Park Chakrashila WLS Power Plant
CM: Sarbananda Sonowal Manas National Park Dihing Patkai WLS
Governor: Jagdish Mukhi Nameri National Park East Karbi Anglong
Capital: Dispur Rajiv Gandhi Orang WLS
National Park North Karbi Anglong
WLS
Nambor WLS
Goa Bhagwan Mahavir Bondla WLS -
(Mollem) National Park Madei WLS
CM: Manohar Parrikar Bhagwan Mahavir
Governor: Mridula Sinha (Mollem) WLS
Capital: Panaji Netravali WLS
Gujarat Blackbuck National Park, Jambugodha WLS Mundra Thermal
Velavadar Jessore WLS Power Station

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CM: Vijay Rupani Gir Forest National Park Kutch Desert WLS Ukai Thermal Power
Governor: O.P.Kohli Marine National Park, Mitiyala WLS Station
Capital: Gandhinagar Gulf of Kutch Porbandar Lake WLS Akrimota Thermal
Bansda National Park Rampara Vidi WLS Power Station
Ratanmahal WLS Kakrapar Nuclear
Shoolpaneswar Power Plant
(Dhumkhal) WLS
Thol Lake WLS
Wild Ass WLS
Karnataka Bandipur National Park Arabithittu WLS Raichur Thermal Power
Bannerghatta National Attiveri WLS Station
CM: Siddaramaiah Park Bhadra WLS Udupi Thermal Power
Governor: Vajubhai R. Vala Kudremukh National Park Bhimgad WLS Plant
Capital: Bangalore Nagarhole National Park Brahmagiri WLS Bellary Thermal Power
Anshi national park Cauvery WLS Station
Nugu WLS
Pushpagiri WLS
Ranganathittu Bird
WLS
Sharavathi Valley
WLS
Someshwara WLS
Kerala Eravikulam National Park Aralam WLS Brahmapuram Power
Mathikettan Shola Chimmony WLS Station
National Park Idukki WLS Kayamkulam Power
CM: Pinarayi Vijayan Periyar National Park Malabar WLS Station
Governor: P. Sathashivam Silent Valley National Mangalavanam Bird
Capital: Trivandampuram Park WLS
Anamudi Shola National Neyyar WLS
Park Periyar WLS
Pampadum Shola NP Thattekad Bird WLS
MP Kanha National Park Bori WLS Vindhyachal Super
Madhav National Park Gandhi Sagar WLS Thermal Power Station
Mandla Plant Fossils Ghatigaon WLS Sant Singaji Thermal
CM: Shivraj Singh Chouhan National Park Ken Gharial WLS Power Plant
Governor: Anandiben Patel Panna National Park Narsighgarh WLS Satpura Thermal Power
Capital: Bhopal Pench National Park National Chambal Station
Sanjay National Park WLS Amarkantak TPS
Satpura National Park Orcha WLS Sasan Ultra Mega
Van Vihar National park Kuno WLS Power Project
Sardarpur WLS
Son Gharial WLS
Maharashtra Chandoli National Park Aner Dam WLS Tarapur Atomic Power
Navegaon National Park Bhamragarh WLS Station
Tadoba National Park Bhimashankar WLS Tirora Thermal Power
CM: Devendra Fadnavis Gugamal national park Great Indian Bustard Station
Governor: C. Vidyasagar WLS Amravati Thermal
Rao Jaikwadi WLS Power Plant
Capital: Mumbai Koyana WLS
Nagzira WLS
Painganga WLS
Radhanagari WLS
Sagareshwar WLS
Tipeshwar WLS

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Tungareshwar WLS
Manipur Keibul Lamjao Yangoupokpi- -
CM: N Biren Singh National Park Lokchao WLS
Governor: Najma A
Heptulla
Capital: Imphal
Meghalaya Balphakram National Park Baghmara Pitcher -
CM: Mukul Sangma Nokrek National Park Plant WLS
Governor: Ganga Prasad Nongkhyllem WLS
Capital: Shillong Siju WLS
Mizoram Murlen National Park Dampa WLS (TR) -
CM: Lal Thanhawla Phawngpui Blue National Ngengpui WLS
Governor: Nirbhaya Park Pualreng WLS
Sharma Mountain National Park Tokalo WLS
Capital: Aizawl
Nagaland Intanki National Park Fakim WLS Dikhu Hydro Electric
CM: T.R. Zeliang Puliebadze WLS Power Plant
Governor: P.B.Acharya Rangapahar WLS
Capital: Kohima
Odisha Bhitarkanika National Badrama WLS Talcher Super Thermal
Park Baisipalli WLS Power Station
CM: Naveen Patnaik Simlipal National Park Chilika (Nalaban)
Governor: S.C. Jamir WLS
Capital: Bhubaneshawer Hadgarh WLS
Khalasuni WLS
Satkosia Gorge WLS
Rajasthan Sariska National Park Bundh Baratha WLS Chhabra Thermal
Ranthambore National Darrah WLS Power Station
CM: Vasundhara Raje Park Jawahar Sagar WLS Suratgarh Power
Governor: Kalyan Singh Darrah National Park Kailadevi WLS Station
Capital: Jaipur Desert National Park Mount Abu WLS
Keoladeo National Park Ramsagar WLS
Sariska WLS
Sawai Man Singh WLS
Shergarh WLS
Sitamata WLS
Sikkim Khangchendzonga Fambong Lho WLS Rangit Hydro Electric
CM: Pawan Kumar National Park Kitam WLS (Bird) Power Prject
Chamling Maenam WLS
Governor: Srinivas Patel Pangolakha WLS
Capital: Gangtok
Tamil Nadu Mudumalai National Park Indira Gandhi Kudankulam Nuclear
(Annamalai) WLS Power Plant
Mukurthi National Park Kalakad WLS Neyveli Thermal
CM: Edapaddi Palaniswami Indira Gandhi Karaivetti WLS Tuticorin Thermal
Governor: Banwaril Lal (Annamalai) National Karikili WLS Power Station
Purohit Park Mudumalai WLS
Capital: Chennai Guindy National Park Pulicat Lake WLS
Gulf of Mannar Marine Vaduvoor WLS
National Park Vedanthangal WLS
Vettangudi WLS
Tripura Bison( Rajbari ) National Gumti WLS Palatana Thermal
CM: Manik Sarkar Park Rowa WLS Power Plant
Governor: Tathagata Roy Clouded Leopard Sepahijala WLS

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Capital: Agartala National Park Trishna WLS
UK Gangotri National Park Askot Musk Deer WLS Chibro Power Plant
CM: Trivendra Singh Jim Corbett National Park Binsar WLS Khodri Power Plant
Rawat Valley of Flowers National Govind Pashu Vihar Chilla Power Plant
Governor: K.K. Paul Park WLS
Capital: Dehradun Kedarnath WLS
Sonanadi WLS
WB Buxa National Park Ballavpur WLS Mejia Thermal Power
Neora Valley Chintamani Kar Bird Station
NationalPark Sanctuary Farakka Super Thermal
CM: Mamata Banerjee Singalila National Park Haliday Island WLS Power Station
Governor: Keshari Nath Sundarbans National Park Lothian Island WLS Kolaghat Thermal
Tripathi Mahananda WLS Power Station
Capital: Kolkata Bakreshwar Thermal
Power Station
Durgapur Steel
Thermal Power Station
Arunachal Pradesh Namdapha National Park
CM: Pema Khandu Mouling National Park
Governor: BD Mishra

Country & Currency in News


Israel Capital- Jerusalem, Currency- Israeli new shekel, Canada Capital- Ottawa, Currency- Canadian Dollar.
President- Reuven Rivlin. PM- Justin Trudeau.
Bangladesh Capital- Dhaka, Currency- Taka. Bahrain Capital- Manama, Currency- Bahraini dinar.
Russia Capital- Moscow, President- Vladimir Putin. Vietnam Capital- Hanoi, Currency- Vietnamese dong.
Capital of Syria: Damascus, President: Bashar al- Italy Capital- Rome, Currency- Euro
Assad, Currency: Syrian pound Qatar Capital- Doha, Currency- Qatari riyal.
Capital of Ukraine- Kiev, Currency: Ukrainian Slovenia Capital- Ljubljana.
hryvnia, Poland Capital- Warsaw.
Capital of Zimbabwe- Harare Belarus Capital- Minsk.
Capital of Sri Lanka- Sri Jayawardenepura Kotte| Argentina Capital- Buenos Aires, Currency- Argentine
Currency of Sri Lanka- Sri Lankan rupee peso
PM of New Zealand Jacinda Ardern. France Capital- Paris, Currency- Euro, President-
Capital of China is Beijing Emmanuel Macron| PM: Edouard Philippe
Seoul is the capital of the Republic of Korea (ROK), Russia Capital- Moscow, President- Vladimir Putin.
also known as South Korea. Spain Capital- Madrid, Currency- Euro. Malaysia
Capital of South Africa is Cape Town. Capital- Kuala Lumpur, Currency- Malaysian ringgit
Capital of Iran is Tehran. Capital of Lebanon is Beirut. Its Currency is Lebanese
The capital of Japan is Tokyo. pound.
New Zealand Capital- Wellington, Currency- New Cairo is the capital of Egypt. Egyptian pound is the
Zealand dollar. currency of Egypt.
Estonia Capital- Tallinn, Latvia Capital- Riga, Tunis is the capital of Tunisia. Beji Caid Essebsi jas is
Lithuania Capital- Vilnius. the present President of Tunisia.
South Korea Capital- Seoul, Currency- South Korean Thimphu is the capital of Bhutan. Dzongkha is the
won. official language of Bhutan.
UK PM- Theresa May, Capital- London, Currency- Astana is the Capital of Kazakhstan. Kazakhstani
Pound.sterling. tenge is the currency of Kazakhstan.
Nepal PM- Sher Bahadur Deuba, President- Bidhya Guinea Capital- Conakry, Currency- Guinean Franc.
Devi Bhandari. Yerevan is the Capital of Armenia. Its currency is
Pakistan PM- Shahid Khaqan Abbasi, President- Armenian dram.
Mamnoon Hussain. Mexico- a Country in North America, Capital- Mexico
Philippines Capital- Manila, Currency- Philippine City.
peso, President- Rodrigo Duterte. Kenya Capital- Nairobi, Currency- Kenyan shilling.

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Germany Capital- Berlin, Chancellor- Angela Merkel. King of Jordan- Abdullah II. Jordan Capital- Amman,
Venezuela Capital- Caracas, Currency- Venezuelan Currency- Jordanian dinar.
bolivar. Liberia Capital- Monrovia, Currency- Liberian dollar.
UAE Capital- Abu Dhabi, Currency- UAE dirham Mauritius Capital- Port Louis, Currency- Mauritian
Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. rupee.
Afghanistan Capital- Kabul, President- Ashraf Ghani. Myanmar Capital- Naypyidaw| Vietnam Capital-
Cuba Capital- Havana, Currency- Cuban peso. Hanoi| Philippines Capital- Manila.
Australia Capital- Canberra, Currency- Australian Capital of Romania- Bucharest. Romanian leu is the
dollar. currency of Romania. President of Romania- Klaus
Capital of Morocco- Rabat, Currency- Moroccan Iohannis.
dirham. Iceland Capital- Reykjavik, President- Guoni Th.
Norway Capital- Oslo, Currency- Norwegian krone. Johannsson.
Oman Capital- Muscat, Currency- Omani rial. Cambodian Capital- Phnom Penh, Currency-
Turkmenistan Capital- Ashgabat, Currency- Cambodian riel.
Turkmenistan manat Indonesia Capital- Jakarta, Currency- Indonesian
Mexico Capital: Mexico City, Currency: Mexican peso rupiah.
Kuwait Capital- Kuwait City, Currency- Kuwaiti
dinar.
Libreville is the capital city of Gabon, a country on the
coast of Central Africa. Ali Bongo Ondimba is a
President of Gabon.
Chile Capital- Santiago, Currency- Chilean peso.
Rwanda Capital- Kigali, Currency- Rwandan franc.
Myanmar PM- Aung San Suu Kyi, Capital-
Naypyidaw.
Switzerland Capital- Bern, President- Doris Leuthard.
Peru Capital- Lima, Currency- Sol.
Kazakhstan Capital- Astana, Currency- Kazakhstani
tenge.
Crown Prince of Saudi Arabia- Mohammed bin
Salman. Saudi Arabia Capital- Riyadh, Currency-
Saudi riyal.
Maldives Capital- Male, Currency- Maldivian rufiyaa.

OBITUARIES (NATIONAL/INTERNATIONAL)
Person Died Profession/Famous In?
Politician (National-International)
1. Raghunath Jha Senior Rashtriya Janata Dal leader & former Union Minister
2. Dinesh Nandan Sahay Chhattisgarh's first Governor
3. Roy Bennett Zimbabwean opposition leader
4. Kirti Nidhi Bista Former PM of Nepal
5. Purushottam Lal Kaushik Former Union minister & socialist leader
Singer/Musician (National-International)
6. Hugh Masekela Trumpeter, & Singer, known as the 'father of South African jazz'
7. Jatileswar Mukhopadhyay Acclaimed Bengali Singer
8. Robbie Malinga Legendary South African musician
9. Johnny Hallyday France's biggest rock star
10. Jagdish Mohan Renowned Hindustani vocalist of Kirana Gharana
11. Girija Devi Eminent classical singer & Padma Vibhushan awardee. Also known
as "Queen of Thumri" & fondly called Appa Ji.
Actor/Director/Producer (National-International)
12. Supriya Devi Veteran Bengali film actress

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13. Charu Rohatgi TV actress
14. Partha Mukhopadhyay Famed Bengali film Actor
15. Shashi Kapoor Veteran actor
16. Neeraj Vora Bollywood actor, writer, & filmmaker
17. I V Sasi Veteran Malayalam director
18. Roy Dotrice Veteran British actor, died in London.
19. Kundan Shah Veteran director
Author/Journalist/Activist/Painter (National-International)
20. Ursula K. Le Guin Science fiction & fantasy writer
21. Anwar Jalalpuri Noted Urdu poet
22. Sukharanjan Sengupta Veteran journalist
23. Manu Sharma Noted author & Padma Shri awardee
24. Kunwar Narayan Eminent Hindi poet & Jnanpith awardee
25. Punathil Kunjabdulla Renowned Malayalam writer
26. Satish Chandra Veteran & one of India‘s eminent historian
Sportsmen/Sportswomen (National-International)
27. Jo Jo White Basketball Hall of Famer
28. Saksham Yadav Powerlifting World Champion
29. Shamsher Khan India's first Olympic swimmer
30. A G Milkha Singh Former Test cricketer
31. Daniel Hegarty British Motorcycle Racer
32. Naim Suleymanoglu Turkish weightlifter
33. Violet Mosse-Brown (Jamaica) The world's oldest person has died at the age of 117.
34. Arjan Singh The sole Marshal of the Indian Air Force
35. Dr. KS Chugh ―Father of nephrology in India‖
36. Dina Wadia Only child of Pakistan‘s Muhammad Ali Jinnah
Others (National-International)
37. Chandi Lahiri Famous Cartoonist
38. Baldev Raj Renowned administrator of nuclear power technologies
39. Peter Sutherland 1st Director-General of WTO
40. John Young Legendary astronaut
41. Bob Givens One of the animators designing characters Bugs Bunny & Elmer Fudd
42. Lalji Singh Pioneer of DNA fingerprinting technology in India
43.

LIST/INDEXES ANNOUNCED RECENTLY

Name of the Index/List Rank of India Topped By?


WEF‘s Global Manufacturing Index (‗Readiness India ranked at 30th Japan topped the index
for future of production report‘)
Logistics index chart released by Union Minister Gujarat topped the index. From Among the UT‘s, Daman &
for Commerce & Industry Suresh Prabhu Hilly states, Tripura topped Diu topped the index.
India overtaken US to become the world‘s third-largest steel producer. Birender Singh is Union Minister of Steel.
List of wealthiest countries released by New India ranked sixth with the total Topped by the United States
World Wealth wealth of $ 8,230 billion of America
As per the survey by GoBankingRates, India is ranked second only to South Africa as the cheapest country to live or
retire. The top most expensive country in the survey was Bermuda (ranked 112).
WEF‘s Inclusive Development Index India ranked at the 62nd
Norway: World‘s most inclusive advanced economy, while

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Lithuania again tops the list of emerging economies

Environmental Performance Index (EPI) 2018 by India ranked 177 Switzerland leads the list
Yale & Columbia Universities along with WEF
Global Index of Talent Competitiveness India ranked at 81st Switzerland topped the list
India's domestic air passenger traffic grew by 16.4% in November 2017, topping the growth chart worldwide, as per
the global aviation body, International Air Transport Association (IATA).
As per the Bloomberg Billionaires Index, Jeff Bezos, founder & CEO of Amazon has become the richest man in the
history.
As per the All India Higher Education Survey (AIHES), India‘s Gross Enrolment Ratio (GER) in higher education
registered an increase from 24.5% in 2015-16 to 25.2% in 2016-17.
Tamil Nadu has the highest GER in the country at 46.9%. Bihar has the least GER of 14.9%.
In the Economist Intelligence Unit's (EIU) Global Democracy Index 2017, India ranked 42nd.
As per data collected through National Family & Health Survey (NFHS-4) conducted among more than 6 lakh
households in 2015-16, Delhi is the richest state while Bihar is the poorest.
As per the survey of Gallup International, PM Modi at 3rd rank among world leaders. French president Emmanuel
Macron ranked at first.
As per the Forbes List of Top-grossing actor 2017 Vin Diesel topped the List. -
Report by CARE (Credit Analysis & Research Topped by Greece India (Highest level of NPA
Ltd) Ratings on Highest Level of NPA‘s among BRICS) ranked 5th
Forbes' Rankings of Best countries in the world United Kingdom topped India was ranked 62nd
for business in 2018
Most expensive premium office locations in the Top spot is taken by Hong Kong Delhi Ranked 7th & Mumbai
World Report by JLL India (real estate services) ranked 16th
Global Innovation Index (GII) 2017 List topped by Switzerland India ranked 60th
Forbes India Celebrity 100 list 2017 topped by Actor Salman Khan (Second consecutive year)
As per World Inequality Lab in its World Inequality Report 2018, Since 1980, India led to substantial increase in
inequality so much that top 0.1% of earners continued to capture more growth than all those in bottom 50% combined.
Time magazine‘s Person of the Year was given to ―The Silence Breakers‖, the vanguard of a global movement by
millions of women to share their stories of sexual harassment & abuse.
As per the survey by TripAdvisor, Taj Mahal in Agra, is the second-best UNESCO world heritage site in the world,
after Cambodia's Angkor Wat.
Waste management system implemented in Kerala's coastal town of Alappuzha, recognized by United Nations
Environment Programme (UNEP) for fighting the pollution menace. It listed in the UNEP environment report
entitled, 'Solid approach to waste: how five cities are beating pollution'.
As per the Forbes List, Michael Jordan named as the highest-paid athletes of all time.
Forbes‘ Annual World‘s highest-paid musician Musician Diddy topped the list.
list
As per World Migration Report 2018 published Indian diaspora is largest in the World's 3 largest diasporas-
by International Organisation for Migration. world, with over 15 million India, Mexico & Russia.
Note: US remained the top destination for migrants from India living
migrants in the world in 2015 abroad
‗The Legatum Prosperity Index 2017‘ Norway topped the Index India ranked at 100th
Fortune‘s ‗Businessperson of the Year‘ 2017 Aditya Puri, MD of HDFC Topped by Nvidia‘s Mr.
Bank ranked at 18th Jensen Huang
Foreign Policy magazine's 2017 list of '50 Leading Indian-American senator Kamala Harris
Global Thinkers'
Time magazine readers‘ Person of the Year Saudi Arabia Crown Prince Mohammed bin Salman
IMD World Talent Ranking India Ranked 51 Switzerland topped the list
Global University Employability Ranking 2017 by Indian Institute of Science (IISc) IIT Delhi ranked 145th & IIT
Times Higher Education ranked 29th in 150 Universities Bombay ranked 148th.
Forbes Highest-paid woman in Music in 2017 American singer Beyonce topped the List.
Adele came second & Taylor Swift ranked third.

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Grant Thornton's International Business Report India ranked 7th in the Sept. Indonesia is at the top
'Business Optimism' Index Quarter
As per Euromonitor International, Hong Kong remains the world's most visited city by international travelers. The
Top 3 Countries in the list are- 1. Hong Kong. 2. Bangkok. 3. London.
As per the report by Central Pollution Control Holy city Varanasi is most It is followed by Gurugram &
Board (CPCB) among the 42 cities polluted Delhi.
World Bank‘s ‗Doing Business 2018 — Reforming India ranked at 100 New Zealand topped the list.
to Create Jobs‘ (Ease of Doing Business
rankings)
As per the Global Climate Risk Index (CRI) 2018 by Germanwatch, India is the 6 th most vulnerable country in the
world in terms of facing extreme weather events. The list is topped by Haiti followed by Zimbabwe & Fiji.
India‘s Ambani family topped the Forbes list of Asia‘s Richest Families for 1st time with net worth $44.8 billion.
Binge watching in public is the new trend in India, & Indians are the second-highest public bingers in the world
behind Mexico, according to a survey released by online streaming platform Netflix.
As pet the report of IMF, Qatar named the world's richest country. The per capita GDP of Qatar is over Rs. 81 lakhs.
Macao ranked at second & Luxembourg at third.
As per the report India's GDP per capita was $7,170 (Rs 4.66 lakh) in 2017 & ranked at 126.
Forbes list of top-earning dead celebrities Michael Jackson topped Golf legend Arnold Palmer at
(for the 5 straight year)
th 2nd & Peanuts creator Charles
Schulz at 3rd.
Gender Vulnerability Index (GVI) by NGO Plan Goa is safest for girls. Bihar least-safest for girls.
India
World Economic Forum‘s Global Gender Gap India ranked at 108 Topped by Iceland
index
Five Indian women featured on the list of the World‘s 100 most powerful women compiled by Forbes.
Topped by German Chancellor Angela Merkel, the list ranked Chanda Kochhar (32); Roshni Malhotra (57), Ed &
CEO of HCL Enterprise; Kiran Mazumdar-Shaw (64), CMD of Biocon; Shobhana Bhartia (92), Chairperson &
Editorial Director, HT Media Ltd & Bollywood actress Priyanka Chopra at 97.
64 cities from 44 countries designated as UNESCO Creative Cities by Director-General, Irina Bokova.
Chennai is the third Indian city on the list of UNESCO Creative Cities list after Jaipur & Varanasi.
India's Silicon Valley - 'Bengaluru' - is the best host among 45 cities worldwide, as per Economic Intelligence Unit
(EIU). San Francisco came in second followed by two other Indian cities, Mumbai & New Delhi.

Static Takeaways: Index/Reports released by different Organisations


Report title Organisation
Asian Development Outlook ADB (Asian Development bank)
Global Money Laundering Report FATF (Financial Action Task Force)
Nuclear Technology Review IAEA (International Atomic Energy Agency)
Ease of Doing Business IBRD (World Bank)
World Development Report IBRD (World Bank)
Safety Reports ICAO (International Civil Aviation Organization)
Global Hunger Index report IFPRI (International Food Policy Research Institute)
World Employment & Social Outlook ILO (International Labour Organization)
World of Work Report ILO (International Labour Organization)
World Economic Outlook IMF (International Monetary Fund)
Global Innovation Index Cornell University INSEAD & the World Intellectual Property
Organization (WIPO)
World Energy Outlook (WEO) International Energy Agency
World Oil Outlook OPEC (Organization of the Petroleum Exporting Countries )
World Happiness Report Sustainable Development Solutions Network (SDSN)
Global Corruption Report (GCR) Transparency International
Levels & Trends in Child Mortality Report UN Inter-agency Group
World Investment Report UNCTAD (United Nations Conference on Trade & Development)
Actions on Air Quality UNEP (United Nations Environment Programme )

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Global Environment Outlook UNEP (United Nations Environment Programme )
Global education monitoring Report UNESCO (United Nations Educational, Scientific & Cultural
Organization)
World Cities Report UN-Habitat
The Global Report UNHCR (United Nations High Commissioner for Refugees )
Report on Regular Resources UNICEF (United Nations Children‘s Emergency Fund )
Industrial Development Report UNIDO (United Nations Industrial Development Organization)
World Drug Report UNODC (United Nations Office on Drugs & Crime)
Global Information Technology Report WEF (World Economic Forum)
Travel & Tourism Competitiveness Report WEF (World Economic Forum)
Global Competitiveness Report (GCR) WEF (World Economic Forum)
World Intellectual Property Report (WIPR) WIPO (World Intellectual Property Organization)

IMPORTANT DAYS OBSERVED RECENTLY

Date Day Theme


25th January 8th National Voters‘ Day
24th January Uttar Pradesh Diwas
15th January 70th Army Day: To commemorate the day when General (later Field Marshal) K.M Carriappa
took over the command of Army
19th January National Disaster Response Force‘s 13th Raising Day
12th January National Youth Day
10th January World Hindi Day
1st December World AIDS day 'Right to health'
1st December BSF Raising Day -
3rd December International Day of Disabled Persons ―Transformation towards sustainable & resilient
society for all‖
4th December Indian Navy Day
5th December World Soil Day ‗Caring for the Planet starts from the Ground‘
7th December Armed Forces Flag Day (To honor the martyrs & the men in uniform who valiantly fought on
our borders to safeguard the country's honor)
10th December Human Rights Day Campaign named as #standup4humanrights
14th December National Energy Conservation Day -
16th December Vijay Diwas -
18th December International Migrants Day 'Safe Migration in a World on the Move'
22nd December National Mathematics Day Mathematician Ramanujan‘s birth anniversary
23rd December Kisan Diwas (Farmer's Day) Note: Birth anniversary of the fifth PM of India Chaudhary Charan
Singh
25th December Good Governance Day Former PM Atal Bihari Vajpayee‘s birthday
20th November United Nations Universal Children's Day Theme of UCD 2017 is 'Kids Take Over'
21st November World Fisheries Day Theme is ―2022 Ka Hai Sapna … Kisan Ki Aay Ho
Dugna - Sankalp Se Siddhi‖
26th November Constitution Day
14 November World Diabetes Day (WDD) 'Women & diabetes - Our right to a healthy future'
16th November National Press Day To commemorate establishment of Press Council
of India.
19th November National Integration Day. It is observed to foster & reinforce the spirit of
communal harmony & national Integration
19 November World Toilet Day Wastewater
5th November World Tsunami Awareness Day 'Reduce the Number of Affected People'.
31 October Rashtriya Ekta Diwas (National UnityDay) Birth anniversary of Sardar Vallabhbhai Patel
24th October United Nations Day 72nd anniversary of the UN Charter
27th October World Day for Audiovisual Heritage "Discover, remember & share"

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13th October International Day for Disaster Reduction ‗Home Safe Home: Reducing Exposure, Reducing
Displacement‘.
17th October International Day for the Eradication of ‗Answering the Call of October 17 to end poverty:
Poverty (IDEP) A path toward peaceful & inclusive societies‘.
17th October 2nd Ayurveda Day in New Delhi
Note: PM Modi was the Chief Guest & inaugurated country's first All India Institute of Ayurveda
16th October World Food Day "Change the future of migration. Invest in food
security & rural development"
20th October World Statistics Day
15th October International Day of Rural Women ―Challenges & opportunities in climate-resilient
agriculture for gender equality & the
empowerment of rural women & girls"
21st October National Police Commemoration Day

BOOKS & AUTHORS


Former President Pranab Mukherjee released the third part of his memoir ‗The Coalition Years: 1996-2012‘, speaking
candidly about believing he could have been the Congress choice for the PM‘s post.
Rajasthan CM V. Raje launched e-book titled 'India 2017 Yearbook', compiled by present CAG Rajiv Mehrishi.
"Dreamnation: Uniting a Country with Handwritten Dreams" Co-authored by Saji Mathew & Jubie John
'Bollywood: The Films! The Songs! The Stars!' S.M.M. Ausaja, Karan Bali, Rajesh Devraj &
Tanul Thakur
Former President Pranab Mukherjee released the third part of his memoir ‗The Coalition Years: 1996-2012‘
‗Journey of Women Law Reforms & The Law Commission of India – Dr. Pavan Sharma.
Some Insights‘
'India 2017 Yearbook' Compiled by present CAG Rajiv Mehrishi
Dreamnation: Uniting a Country with Handwritten Dreams" Saji Mathew & Jubie John.
Hema Malini's biography 'Hema Malini: Beyond the Dream Girl' Ram Kamal Mukherjee
What Happened Hillary Clinton
Democracy‘s XI: The Great Indian Cricket Story Rajdeep Sardesai
Smritichitre Lakshmibai Tilak
The Crisis Within: On Knowledge & Education in India G.N. Devy
Political Violence in Ancient India Upinder Singh
A Life of My Own Claire Tomalin
'Unstoppable: My Life So Far' Maria Sharapova
―How India Sees the World: Kautilya to the 21st Century‖ Shyam Saran
Biography of Capt. Vikram Batra "The Shershah of Kargil" Deepak Surana
"Future of Indian Universities: Comparative & International Compiled by Professor (Dr.) C. Raj Kumar.
Perspectives"
PM Modi released a photo book titled "President Pranab Mukherjee - A Statesman"
Cryptocurrency for Beginners Amit Bhardwaj
Book on PM Modi‘s Life named ―Making of A Legend‖: Compiled by Bindeshwar Pathak
Dalhousie...Through My Eyes Kiran Chadha
President‘s Lady‖ (Pranaber Preyosi) on Pranab Mukherjee‘s Wife Sangeeta Ghosh
Late Smt. Suvra Mukherjee
Playing with Fire Katie Price
The Trees of Medley Gardens (Red Turtle) Ranjit Lal
Watercolours: A Story from Auschwitz Lidia Ostalowska
Touched by God: How We Won the Mexico ‘86 World Cup Diego Armando Maradona with Daniel
Arcucci
The People Next Door: The Curious History of India‘s Relations T.C.A. Raghavan
with Pakistan
From Chanakya to Modi: The Evolution of India‘s Foreign Policy Aparna Pande
A Bonsai Tree: An Autobiography Narendra Luther
Turtles All the Way Down John Green

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Partition: The Story of Indian Independence & the Creation of Barney White-Spunner
Pakistan in 1947
Balanced Constitutionalism: Courts & Legislatures in India & UK Chintan Chandrachud
The Empress: The Dramatic Life of A Powerful & Enigmatic Leader Kalyani Shanka
The War is in the Mountains Judith Matloff
Demonetisation Decoded: A Critique of India‘s Currency Jayati Ghosh, C.P. Chandrasekhar & Prabhat
Experiment Patnaik
Behind Bars: Prison Tales of India‘s Most Famous Sunetra Choudhury
Kandhamal: Introspection of Initiative for Justice 2007-2015 Vrinda Grover & Saumya Uma
Dialogue of the Deaf T. C. A. Srinivasa-Raghavan
The Decline of Civilization Ramin Jahanbegloo
Sanjay Manjrekar launched his autobiography named New Delhi, Roopa A from Puducherry & Sakthi Maya
‗Imperfect‘. S from Kerala, created history by becoming the
President Kovind unveiled a book titled 'The country‘s first women officers at the Naval Armament
Heartfulness Way'. Kamlesh D. Patel is the author of Inspectorate (NAI) branch of the Navy.
this book. Joshua Pollock is the second author of this Defence Minister Sitharaman elected as President of
book. the Institute for Defence Studies & Analysis (IDSA).
Dilli Meri Dilli: Before & After 1998?, pictorial book Indian Air Force launched an innovative health mobile
by former Delhi CM Sheila Dikshit released. App named `MedWatch' on the occasion of its 85th
―Majuli: Resources & Challenges‖ edited by Sanjib anniversary. It was launched by Air Chief Marshal BS
Kumar Borkakoti. Dhanoa during the Air Force Commanders' Conference
The book, The Way I See It - a Gauri Lankesh in New Delhi.
Reader, has been edited by writer & sociologist Defence Minister Nirmala Sitharaman flagged off the
Chandan Gowda. Navika Sagar Parikrama by an all-women crew of
Bollywood superstar Amitabh Bachchan launched a Indian Navy aboard Indian Naval Sailing Vessel (INSV)
book based on Indian cinema. It is titled 'Bollywood: Tarini from INS Mandovi jetty in Goa. Navika Sagar
The Films! The Songs! The Stars!', is a coffee table Parikrama is the first attempt by an Indian all-women
book, co-authored by S.M.M. Ausaja, Karan Bali, crew to circumnavigate the globe.
Rajesh Devraj & Tanul Thakur.
INS | Missile| Device Inducted/ Decommissioned
DEFENCE CURRENT AFFAIRS Indian Navy launched 'INS Karanj', the third of the six
indigenous Scorpene-class submarines. It is equipped
Indian Defence Forces with superior stealth features & precision-guided
Directorate General of Civil Aviation (DGCA) weapons, has been built at Mumbai's Mazagon Dock
allowed Hindustan Aeronautics Ltd (HAL) Shipbuilders Limited. It has an overall length of 67.5
manufactured Dornier 228 to be used for civilian meters & a height of about 12.3 metres.
flights. The 19-seater aircraft has, till now, been used by India test-fired its nuclear-capable Agni-V inter-
defence forces & is the first plane to be made in the continental ballistic missile (ICBM), which has a strike
country for commercial flights. range of over 5,000km from Abdul Kalam island off the
Indian Army's Southern Command conducted exercise coast of the eastern state of Odisha.
'Hamesha Vijayee' in the deserts of Rajasthan to Indian Naval Ship Vikramaditya, the Indian Navy's
evaluate the capability of the armed forces to strike largest ship & its sole aircraft carrier was formally
deep into the enemy territory in an integrated air-land affiliated to the Indian Army's highly-decorated &
battle. battle-hardened Bihar Regiment & the Indian Air
Indian Navy in collaboration with its Sri Lankan Force's No 6 Squadron.
counterpart successfully completed the second phase of Charlie-435, a state-of-the-art patrol vessel of Indian
the joint oceanographic survey conducted off the South- Coast Guard commissioned at Karaikal in Puducherry.
Western Coast of Sri Lanka. India successfully test-fired its indigenously
Conference of all Commanders of Eastern Air developed Advanced Air Defence (AAD) supersonic
Command held at Shillong in Meghalaya. interceptor missile, capable of destroying any incoming
Shubhangi Swaroop has been inducted as a pilot in the ballistic missile at low altitude, from a test range in
Indian Navy for the first time. She is from Uttar Odisha.
Pradesh & will soon be flying Maritime Reconnaissance Surface to Air Missile AKASH with indigenous radio
aircraft. Three other women cadets, Astha Segal from frequency seeker against target Banshee has been

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successfully launched from the Launch Complex-III at permanent American base has been opened in the
ITR Chandipur, Odisha. Middle Eastern country.
Brahmos, the world‘s fastest supersonic cruise missile
created history as it was successfully flight-tested first Defence Exercises/Operations Conducted
time from the Indian Air Force‘s (IAF) frontline fighter Armies of India & Vietnam participated in the joint
aircraft Sukhoi-30MKI. military exercise in Jabalpur in Madhya Pradesh. It is
Indian Air Force, along with DRDO successfully tested named as ‗VINBAX‘ is the first military exercise
an indigenously developed lightweight ‗Glide‘ bomb between the two countries.
in Chandipur in Odisha. It is Named SAAW (Smart American & Japanese military forces launched joint
Anti Airfield Weapon). exercise named Iron Fist. 13th annual Iron It was held
Indian Army launched an independent & fully- in the U.S. western state of California.
integrated Joint Training Node (JTN) at Umroi Indian Naval Ships Trikand & Teg are deployed to
cantonment in Shillong, Meghalaya. It will pave a way Oman for 11th bilateral exercise ‗Naseem Al Bahr‘ or
for projecting the states of Meghalaya & Assam on the ‗Sea Breeze‘.
world map of foreign armies. 8th edition of the Indo-Maldives joint military exercise,
India conducted a flight test of its indigenously ‗Ekuverin‘, came to an end at Belagavi, Karnataka.
designed & developed long-range sub-sonic cruise South Korea & USA launched their largest-ever joint
missile ‗Nirbhay‘. It can carry warheads of up to 300 kg aerial drills called Vigilant Ace.
from a test range at Chandipur along the Odisha coast. UAE Armed Forces along with the UK, US & French
Defence Minister Nirmala Sitharaman commissioned an armies are participating in joint exercises in Abu Dhabi.
indigenously-built anti-submarine warfare stealth The drill code is named as ―Flag4‖.
corvette INS Kiltan into the Indian Navy at the Naval Defence of Andaman & Nicobar Islands Exercise
Dockyard in Visakhapatnam. (DANX) was conducted under the aegis of Andaman &
India's indigenously developed third generation anti- Nicobar Command.
tank guided missile (ATGM) Nag successfully flight International Multilateral Maritime Search & Rescue
tested by DRDO in deserts of Rajasthan, marking the Exercise 2017 (IMMSAREX 2017) held in Cox Bazar,
completion of development trials. Bangladesh. Admiral Sunil Lanba, Chief of the Naval
Final development trials of indigenous beyond visual Staff of Indian Navy, is attending the exercise.
range air-to-air missile Astra successfully concluded Joint Indo-Russia Tri-Services Exercise INDRA-2017
into the Indian Air Force. successfully conducted at Vladivostok in Russia. The
An indigenous artillery gun, Advanced Towed theme was ‗Preparation & Conduct of Operations by a
Artillery Gun System (ATAGS), being developed by Joint Force for Suppression of International Terror
DRDO has set a new world record in range by hitting Activity at the request of a host country under UN
targets at a distance of 48 km. ATAGS is a 155mm, 52 mandate‘.
calibers towed artillery gun. 45-member contingent of the Indian Air Force left for
The first of the Scorpene class submarines, INS Kalvari, Israel to participate in exercise ‗Blue Flag-17‘. Blue
was delivered to the Indian Navy by Mazagon Dock Flag is a bi-annual multilateral exercise which aims to
Shipbuilders Limited (MDL). strengthen military cooperation amongst participating
INS Tarasa, a Water Jet Fast Attack Craft intended for nations.
extended coastal & offshore surveillance & patrolling, 14-day joint training exercise ―PRABAL DOSTYK –
was commissioned into the Indian Navy. The vessel has 2017‖ between the Indian Army & the Kazakhstan
been built in Kolkata. Army held at Bakloh, Himachal Pradesh. The training
contingents comprise of platoon strength from the 11th
International Defence Forces Gorkha Rifles of the Indian Army & a similar strength
South Korea & USA launched their largest-ever joint of the Kazakhstan Army.
aerial drills called Vigilant Ace. The joint coastal security exercise between Odisha &
UAE Armed Forces along with the UK, US & French West Bengal named as ‗Sagar Kavach‘ to be held along
armies are participating in joint exercises in Abu Dhabi. the 630-km long coastline.
The drill code is named as ―Flag4‖. ―Vigilant Ace‖, the joint drill between the air forces of
Russia launched world's largest nuclear-powered South Korea & USA will be conducted in December
icebreaker ship in a bid to expand its strategic presence 2017.
in the resource-rich, terrain of the Arctic. The massive Army personnel of India & Bangladesh are going to
vessel, named Sibir (Siberia). take part in a joint training exercise 'Sampriti-7' in
US Army & the Israel Defense Forces (IDF) inaugurated Meghalaya & Mizoram. This is the 7th edition of the
a permanent base In Israel. This is the first time that a joint training exercise.

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Indian Navy Ship Sukanya under the command of Man-Portable Anti-Tank Guided Missile (MPATGM) for
Commander SA Deodhar arrived at Belawan Indonesia the Army.
to participate in the 30th CORPAT (Coordinated Navies of India & Japan began anti-submarine
Patrol) & 3rd Bilateral exercise between the Indian warfare exercise in the Indian Ocean region to deepen
Navy & the Indonesian Navy. The exercise is aimed to their operational coordination in the strategically
foster closer maritime ties with countries located on the important sea lanes around the two countries.
rim of the Indian Ocean Two indigenously built Indian Naval ships INS Satpura
Navies of India & Japan began anti-submarine & INS Kadmatt reached Vladivostok Port & were given
warfare exercise in the Indian Ocean region to deepen a traditional ceremonial welcome. The Indian
their operational coordination in the strategically contingent for the Exercise is led by the Task Force
important sea lanes around the two countries. Commander Major General ND Prasad.
The fifth India-Sri Lanka Joint Training Exercise (JTE) India & France agreed to strengthen bilateral defence
MITRA SHAKTI 2017 held conducted at Aundh cooperation as a key Pillar of strategic partnership
Military Station, Pune. The exercise is based on between the two countries. Defence minister Nirmala
Counter Terrorist Operations & an Infantry company Sitharaman & French Minister for the Armed Forces,
from both the countries is participating in the same. Ms. Florence Parly discussed a range of measures to
12th India-Nepal joint military exercise- Surya Kiran expand military to military ties. The joint Naval exercise
XII heldin Saljhandi, Nepal. named the VARUNA is scheduled in early 2018
A joint military training, Exercise Yudh Abhyas-2017 between the two countries.
conducted at Washington, USA between India & USA.
Indian Navy & Sri Lankan Navy conducted the 2017 Sri SPORTS CURRENT AFFAIRS
Lanka-India Exercise (SLINEX) at Visakhapatnam,
Andhra Pradesh. Cricket {National Game of: Australia, Bermuda, England,
The air forces of China & Pakistan conducted joint Jamaica No. of Players: 11
training exercise named "Shaheen VI" & deployed their Important Terms associated: Arm ball, Beamer, Bottom
latest fighter jets & AWACS aircraft. hand, Bouncer, Cameo, Carrom ball, Chinaman, Flick,
US & UAE's ground forces conducted a joint military Free hit, Glance, Googly, Hat-trick, Hit wicket, Leg bye,
exercise in Abu Dhabi, as part of efforts to consolidate Nelson, Night watchman, Pinch hitter, Sweep, Upper
their bilateral relations & exchange training & military Cut.}
expertise. Code-named Iron Union 5, the drill is an Melbourne Cricket Ground will host the final of both
extension of a series of Iron Claw exercises. the men‘s & women‘s World Twenty20 when the
The joint exercise DRUZBA 2017 between special tournaments come to Australia in 2020.
forces of Pakistan & Russia Armies conducted in Sandeep Lamichhane became the first cricketer from
Minralney Vody, Russia. Nepal to land a deal an IPL contract. He was picked by
Delhi Daredevils in the player's auction.
Defence Agreements Signed/Defence Summits Held International Cricket Council (ICC) announced, the
Defence Ministry cleared contracts worth 2,420 crore 2018 edition of the Women‘s World T20 will be hosted
rupees for Navy & Army which includes the by West Indies.
procurement of P-8I Training Solution & Low- India beat Pakistan by two wickets to win the Blind
Intensity Conflict Electronic Warfare System Cricket World Cup 2018 for the second time. Sunil
(LICEWS). Ramesh was declared the man of the match.
Indian Navy inked an MoU with Cochin Port Trust Vidarbha created history by winning the Ranji Trophy
(CPT), Kerala towards leasing of 228 metres of berths at for the first time in history with a thumping nine-wicket
Mattancherry Wharf for a period of five years. win over Delhi at the Holkar stadium in Indore.
A Defence Innovation Centre to be set up by Rajneesh Gurbani was declared player of the Match.
CODISSIA, Coimbatore, to assist small industries in India to host the 2023 World Cup, the global cricketing
manufacturing components for the defence sector. Note: event‘s 13th edition. India will also host Champions
Coimbatore District Small Industries Association Trophy in 2021. ICC World Cup 2019 will be held in
(CODISSIA) is a trade organization based in England & Wales.
Coimbatore, Tamil Nadu. Former India wicketkeeper Saba Karim has appointed
Def-Expo India 2018 to be held in Chennai. It is the as General Manager (Cricket Operations) of the BCCI.
largest event of India‘s defence sector. He will report to CEO Rahul Johri.
Ministry of Defence (MoD) decided to cancel the $500 India become the first-ever team to register 300+ totals
million deal for Spike ATGM with Israel. MoD has 100 times in ODIs, after posting 392/4 against Sri
asked DRDO to indigenously develop & produce a Lanka in Mohali.

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GA Power Capsule for Syndicate & Canara PO Exam 2018
BCCI decided to lift the ban on the Rajasthan Cricket Supreme Court appointed former football captain
Association (RCA) provided former IPL chief Lalit Bhaskar Ganguly as ombudsman as per All India
Modi stays away from its functioning, the Board Football Federation (AIFF). It also appointed S Y
decided in its Special General Meeting (SGM). Quraishi as the ombudsmen to formulate the AIFF
Virat Kohli surpasses Brian Lara for Most Double Constitution.
Centuries as Captain by scoring his 6th Double Century In Football, Italy has failed to qualify for the FIFA
in Delhi. World Cup for the first time since 1958. The four-time
Mumbai's Prithvi Shaw named captain of Indian champions failed to make the cut after they lost the
Under-19 team for the 2018 U-19 World Cup to be held World Cup Qualifying European play-off against
in New Zealand. Sweden, 0-1.
Indian cricketer Yuvraj Singh will be promoting a Cristiano Ronaldo is the richest sports personality in
UNICEF sports initiative for youngsters in South Asia. the world, according to the latest Forbes' Rich List.
He launched the "Power of Sports to Shape the Future Real Madrid star Cristiano Ronaldo beaten Lionel
of Adolescents" campaign in South Asia. Messi & Neymar to win the Best FIFA Men's Player
Mujeeb Zadran From Afghanistan Becomes First award for the second year running. Ronaldo was
Cricketer to Born in 21st Century. 16-year-old off- presented the award at The Best FIFA Football Awards
spinner, became the youngest ever from Afghanistan to ceremony in London, UK. Netherlands' Lieke Martens
play International cricket. won The Best FIFA Women's Player award. Real
Pakistan off-spinner Saeed Ajmal announced his Madrid coach Zinedine Zidane was named the Best
retirement from all forms of cricket. FIFA Men's Coach.
Afghanistan defeated Pakistan to clinch their maiden England scripted a dramatic turnaround in Kolkata to
Under-19 Asia Cup title, in Kuala Lumpur, Malaysia. win the 2017 FIFA U17 World Cup for the very first
Ikram Ali khil was the man of the match. time after a 5-2 win over European U17 champions
Spain.
Football {National Game of: Brazil, Italy, Germany, Israel, Netherlands captain Arjen Robben announced the end
Mauritius, Poland No. of Players: 11 of his international career after his country failed to
Important Terms Associated: Back Pass, Corner Kick, Free reach the 2018 World Cup finals despite a 2-0 win over
Kick, Dribble, Futsal, Header, Kick off, Banana Kick, Sweden.
Toe Poke, Throw-in, Bicycle Kick} Indian football team has qualified for the 2019 Asian
Brazilian World Cup winner Ronaldinho formally Cup after they had a convincing 4-1 win over Macau
confirmed his retirement from football. with two matches still to go in the qualifying round.
Team Liverpool sold Brazilian football player This is the third time the country has qualified for the
Philippe Coutinho to Team Barcelona for 160 million continental showpiece.
Euros ($192 million). With this, transfer of Philippe Switzerland's Esther Staubli become the first female
Coutinho has become the 2nd Most Expensive transfer referee to officiate a match at the FIFA U-17 World
in World Soccer History. Cup. She was the referee in the match between Japan &
Lionel Messi, the star forward of Barcelona, received New Caledonia in the final round group E match.
La Liga‘s top scorer & best player awards for 2016-17 Jackson Singh Thounaojam created history at Delhi‘s
football season. Jawaharlal Nehru Stadium by scoring India‘s first goal
Former AC Milan & Real Madrid midfielder in a FIFA U-17 World Cup during India‘s match against
Kaka, who lifted the 2002 World Cup with Colombia.
Brazil, announced his retirement from football. Maidan heavyweights Mohun Bagan won the 37th All
Real Madrid earned the honor of being able to wear India Governor's Gold Cup football tournament for the
the official FIFA World Champions Badge on their 10th time by defeating Partha Chakra.
competition jerseys for the duration of 2018 by
defeating Gremio in the final of the FIFA Club World Hockey {National Game of: India, Pakistan
Cup UAE 2017. No. of Players: 11
FIFA, lifted a two-year suspension against Kuwait‘s Important Terms Associated: Advancing, Bully, Center
football association that has prevented the country Pass, Dribble, Drive, Flagrant Foul, Flick, Free Hit,
from participating in international tournaments. Striker, Tackle, Undercutting, Dodge, Drag Flick, Grip,
The final draw for the 2018 FIFA World Cup was held Hacking, Penalty Corner, Wall Pass}
in the Russian capital of Moscow. The ceremony was India defeated Germany 2-1 in Hockey World League
held at the State Kremlin Palace, in Moscow, Russia. Final to grab bronze medal at the event, in
Lionel Messi wins fourth European Golden Shoe Bhubaneswar, Odisha.
Award.

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GA Power Capsule for Syndicate & Canara PO Exam 2018
Australia beat Argentina 2-1 in the final of the Hockey Indian tennis duo of Leander Paes & Purav Raja lifted
World League Final (HWLF) to win gold at Kalinga the Knoxville Challenger title after clinching a fighting
Stadium, Bhubaneswar, Odisha. win in the finals of the men's doubles event in
India defeated China 5-4 via shootout to win the Tennessee.
women‘s Asia Cup hockey title 2017. With this, India India's tennis star Yuki Bhambri clinched his first title
also qualified for World Cup 2018 as Continental of the 2017 season on the ATP Challenger Tour by
champion. Savita Punia was adjudged Goalkeeper-of- winning the KPIT-MSLTA Challenger in Pune.
the-Tournament while Monica won the Woman-of-the- Martina Hingis, one of only six women's players to
Match award. The Championship was held in hold the No. 1 ranking in both singles & doubles at the
Kakamigahara, Japan. same time, will retire after the WTA Finals.
Logo & mascot of Hockey World Cup 2018 have been
unveiled at Kalinga Stadium in Bhubaneswar by Odisha Current Affairs related to Grand Prixes
CM Naveen Patnaik. Odisha had successfully hosted Valtteri Bottas won the season-ending Abu Dhabi
the Asian Athletics Championships recently. Grand Prix.
India beats Malaysia to win the 2017 Asia Cup Hockey Ferrari's Sebastian Vettel won the Brazilian Grand
tournament held in Dhaka, Bangladesh. This was Prix.
India's third continental title. Lalit Upadhyay won goal Mercedes‘ Lewis Hamilton won the Formula 1
of the match award while Akashdeep Singh adjudged Singapore Grand Prix, in Singapore. Hamilton‘s rival
the Man of the match. Sebastian Vettel withdrew in the middle of the race due
Indian Junior Men‘s Hockey team beat hosts Malaysia to his damaged Ferrari car.
in the Bronze medal match of the 7th Sultan of Johor
Cup 2017 at the Taman Daya Hockey Stadium, in Badminton
Malaysia. World no.1 Tai Tzu Ying of Taiwan defeated Saina
Nehwal in the finals of the Indonesia Masters in Jakarta.
Young Indian shuttler Siddharth Pratap Singh secured
his maiden international title, bagging the Swedish
Open Junior International Series by defeating
Denmark‘s Mads Christophersen in the finals in
Uppsala in Sweden.
India‘s top-ranked junior shuttler Aakarshi Kashyap
won U-17 & U-19 singles titles at Badminton Junior
Nationals in Guwahati, Assam.
Top Indian shuttler P V Sindhu won the Silver medal
in women‘s singles summit clash of the Dubai World
Current Affairs related to Tennis Super Series Final in Dubai. She was defeated by
Gilles Simon of France lifted the inaugural Tata Open World No. 2 Akane Yamaguchi of Japan.
Maharashtra Tennis trophy. India has won the first-ever South Asian Regional
Switzerland won their third Hopman Cup as Roger Badminton Team Championship. In the title clash
Federer & Belinda Bencic beat Germany's Alexander played in Guwahati, India defeated Nepal, 3-0.
Zverev & Angelique Kerber in the finals. Indian contingent to BWF Para-Badminton World
Elina Svitolina secured her first WTA title in Australia Championships in Ulsan, South Korea clinched 10
with a straight-sets victory in the Brisbane medals, including two golds. India‘s Parul Parmar
International final. defeated Thailand‘s Wannaphatdee Kamtam in the
ATP World Tour Awards presented by Moet & women‘s singles Standing Lower (SL3). Other gold was
Chandon honours the season's best players & also won by Parul Parmar, who paired with Japan‘s
tournaments. Roger Federer‘s 2017 season recognized Akiko Sugino in women‘s doubles.
with three ATP World Tour Awards. He has been World number 11 Saina Nehwal became the national
selected by fans as ATPWorldTour.com Fans‘ Favourite champion for the third time, defeating world number 2
for a 15th straight year, & winner of the Stefan Edberg PV Sindhu in the women's singles final of Senior
Sportsmanship Award & Comeback Player of the National Badminton Championships, in Nagpur,
Year. Neville Godwin chosen as the winner of Coach Maharashtra.
of the Year in the 2017 ATP World Tour Awards. Bob H.S Prannoy defeated World No 2 Kidambi Srikanth
Bryan & Mike Bryan have been voted by fans as the in a thrilling finale to claim the men‘s singles title at the
ATPWorldTour.com Fans‘ Favourite. 82nd Senior National Championship, in Nagpur,
Maharashtra.

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GA Power Capsule for Syndicate & Canara PO Exam 2018
M.C. Mary Kom (48kg) notched up her fifth gold
Boxing/ Wrestling/Weightlifting medal at the Asian Women‘s Boxing Championships
Lifter Rakhi Halder created a new national record in in Vietnam. She has defeated North Korea‘s Kim
clean & jerk to a gold medal in the 63kg women‘s Hyang Mi. This is Mary Kom‘s sixth medal in the Asian
category in the 33rd Women Senior National Women‘s Boxing Championships & fifth gold medal.
Weightlifting Championships, in Mangaluru, Assam's famed one-horned rhino unveiled as the
Karnataka. official mascot of the 2017 AIBA Youth Women's
Indian boxers claimed three gold, a silver, & a bronze World Boxing Championship in Guwahati, Assam.
medal at Galym Zharylgapov Boxing Tournament in The official mascot, named Guppy, is a female version
Karaganda, Kazakhstan. The country‘s Gold Medal of Assam's one-horned rhino. The World
winners were K Shyam Kumar in 49kg, Naman Championship's official anthem is 'Make Some Noise'.
Tanwar in 91kg & Satish Kumar in the 91kg category. It is composed by Shaan & rendered by renowned
19-year-old Naman Tanwar was also adjudged the best singer Sunidhi Chauhan.
boxer of the tournament.
Vijender Singh defended his WBO Oriental & Asia Other Sports Current Affairs
Pacific super middleweight titles against Ghana‘s PM Modi launched the first Khelo India School Games
Ernest Amuzu at the Sawai Mansingh Stadium in at Indira Gandhi Indoor Stadium in New Delhi.
Jaipur. Sharath Kamal defeated Anthony Amalraj to win the
Sushil Kumar was wanted by all the teams ahead of the men singles title for the eighth time, in the 79th
new season of Pro Wrestling League (PWL) & the 11Even Sports Senior Nationals in Ranchi, Jharkhand.
bidding war created history in New Delhi. Suthirta Mukherjee from West Bengal emerged the new
Indian junior boxers had clinched total 11 Medals (six women champion.
gold, four silver & a bronze medal) at the fifth North & South Korea agreed to march together under
International Sven Lange Memorial Tournament, to a single unified Korea flag at Winter Olympics. The
finish as overall champions in the German city of Games will take place in February 2018 in Pyeongchang
Schwerin. in South Korea.
Double Olympic medalist Sushil Kumar clinched a Professional player Aditya Mehta won Kolkata Open
gold medal at the Commonwealth Wrestling 2018 International Invitation Snooker Championship.
Championships in South Africa. He defeated New He defeated Englishman Professional Player Alfie
Zealand's Akash Khullar. Burden.
Ritu Phogat clinched silver medal in Under-23 Senior Aanchal Thakur made history as she won India's first
World Wrestling Championship at Poland. She lost ever international medal in skiing. She clinched
against Turkish Wrestler Demirhan. bronze in the coveted Alpine Ejder 3200 Cup. It was
India won 5 gold medals at the AIBA World Women‘s organised by the Federation Internationale de Ski
Youth Boxing Championships, in Guwahati. Nitu (skiing's international governing body) in Erzurum,
(48kg), Jyoti Gulia (51kg), Sakshi choudhury (54kg), Turkey.
Shashi Chopra (57kg) & Ankushita Boro (64kg) won Indian golfer Shiv Kapur won the Royal Cup at
gold medals for India in the finals. Jyoti Gulia also Pattaya, which is his third Asian Tour title of 2017.
qualified for next year‘s Youth Olympic Games in G Sathiyan become India‘s highest-ranked player in
Argentina. Ankushita named boxer of tournament. the latest International Table Tennis Federation (ITTF)
Boxing Federation of India (BFI) was recognised as a rankings. He surpasses his compatriot the legendary
national body by the Indian Olympic Association, Sharath Kamal. The current ranking of Sathiyan is 49.
which removed the terminated Indian Amateur Boxing Meghalaya signed the Host City Contract with
Federation (IABF) as its affiliate after months of the Indian Olympic Association (IOA) for hosting the
indecision. 39th National Games in 2022.
Sushil Kumar & Geeta Phogat won gold medals at the India‘s ace chess player Viswanathan Anand won
62nd National Wrestling championship held in Indore. World Rapid Chess tournament title in Saudi
Bharat Khandare became the first India-born fighter Arabia by beating Russia‘s Vladimir Fedoseev. Saudi
to be signed by Ultimate Fighting Championship Arabia hosted the world chess tournament for the first
(UFC) as the Mixed martial arts (MMA) fighter. time. The women‘s title was won by China‘s Ju
Five-time world champion & Olympic bronze medalist Wenjun.
MC Mary Kom named as the ambassador of the Haryana shooter Anisa Sayyed won the women‘s 25m
upcoming AIBA Women's Youth World pistol gold with a new record at the ongoing 61st
Championships. National Shooting Championship Competitions (61st
NSCC), in Thiruvananthapuram, Kerala.
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GA Power Capsule for Syndicate & Canara PO Exam 2018
The emblems of the Beijing 2022 Olympic & Five more Russian competitors from the 2014 Sochi
Paralympic Winter Games have been named ―Winter Winter Olympics, including two gold medallists,
Dream‖ & ―Flight‖. banned for life over anti-doping rule violations by
Central English city of Birmingham will host the International Olympic Committee (IOC). Dmitrii
Commonwealth Games in 2022. Gold Coast, Trunenkov & Aleksei Negodailo, both in the gold-
Australia, will host the next Commonwealth Games in medal winning four-man bobsleigh team, plus biathlon
2018. relay silver medalists Yana Romanova & Olga
World 10,000m champion Sir Mo Farah has been voted Vilukhina, who also won silver in the 7.5 kilometers
BBC Sports Personality of the Year 2017. He becomes event. Sergei Chudinov, who came fifth in the men's
the first long-distance runner to win the Sports individual skeleton, was also disqualified for doping
Personality award since Paula Radcliffe in 2002. breaches.
Nagpur‘s Kanchanmala Pande created history as she Mirabai Chanu became the first Indian in over two
became the first Indian to secure pole position at the decades to claim a gold medal at the World
World Para-Swimming Championship in Mexico. She Weightlifting Championship in Anaheim, USA.
won gold in 200-meter medley event in the S-11 Ace Indian cueist Pankaj Advani lifts the IBSF World
category & was also the only Indian to qualify for the Billiards Championship by defeating Mike Russell.
women‘s category. Pankaj Advani clinched his 17th world title at Doha,
Indian Diving Team won 1 Gold, 3 Silver & 2 Bronze Qatar.
Medals in Indonesia Open Aquatic Championship Aditi Ashok qualified for the season-ending CME
2017. It was concluded in Indonesia's Jakarta. Group Tour Championship on the LPGA, becoming
India's Saurabh Chaudhary qualified for the Youth the first from the country to play in the prestigious
Olympics Games with a gold medal & a junior world meet.
record in 10m air pistol at the ongoing Asia Youth France will host the 2023 Rugby World Cup to stage
Olympics Games qualification tournament in Wako one of the world‘s best attended & lucrative sporting
City, Japan. events.
Pistol aces Jitu Rai & Heena Sidhu bagged bronze at Shagun Chowdhary bagged a National Champion
the 10th Asian Championship 10m Rifle/Pistol in Crown when she won the women's trap event at the
Wako City, Japan. Jitu won an individual bronze in the 61st National Shooting Championship. Chowdhary is
men's 10m Air Pistol while Heena claimed an the first Indian woman trap shooter to win an Olympic
individual bronze in the women's 10m Air Pistol. berth.
21-year-old Indian Golfer Shubhankar Ethiopians Birhanu Legese & Almaz Ayana won the
Sharma claimed his maiden European Tour victory in Delhi Half Marathon, 2017. In the Men's section,
the Joburg Open, in South Africa. Legese clocked 59 minutes 46 seconds to claim the first
Indian archers produced an impressive performance, spot. In the Women's section, Almaz Ayana finishing at
grabbed three gold, four silver & two bronze medals the top of the podium.
at the Asian Championships in Dhaka, Bangladesh. Olympic bronze-medallist Gagan Narang won a silver
India's Winter Olympian Shiva Keshavan won gold medal in the men‘s 50m rifle prone event at the
medal at Asian Luge Championships at Altenberg, Commonwealth Shooting Championships in
Germany. Australia. Annu Raj Singh won bronze medal in
India‘s Deepika Kumari won bronze medal at the women‘s 50m pistol competition.
Indoor Archery World Cup Stage 2 held in Bangkok, 19-Year old Indian golfer Aditi Ashok made her return
Thailand. to the Ladies European Tour by clinching the Fatima
Russia was banned from the 2018 Winter Games by Bint Mubarak Ladies Open in Abu Dhabi. It is Aditi's
the International Olympic Committee over its state- third LET win in less than 12 months.
orchestrated doping programme. Shiv Kapur clinched his first Asian Tour title in India,
Gopi Thonakal created history by becoming first bagging the Panasonic Open at the Delhi Golf Club.
Indian man to win Asian Marathon Championship in Indian shooting contingent finished the Commonwealth
China. Shooting Championship 2017 at top with the best tally
Indian men‘s & women‘s kabaddi teams were of 20 medals. Indian shooters won a total of six gold,
crowned the champions of Asia after beating Pakistan seven silver & seven bronze medals in the competition.
& South Korea in Gorgan, Iran. Satyendra Singh & Sanjeev Rajput won a gold & a silver
7th International military games will be held in respectively in the men's 50m rifle three positions.
Wuhan city in the central China's Hubei Province.
Mascot is Bing Bing.

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GA Power Capsule for Syndicate & Canara PO Exam 2018
Bills passed/proposed in the Parliament Joint Polar Satellite System-1 (JPSS-1) for the National
Union Cabinet cleared the Muslim Women (Protection Oceanic & Atmospheric Administration (NOAA) was
of Rights on Marriage) Bill, 2017, or the Triple Talaq launched by NASA. It is launched for improving the
bill, which makes the practice a non-bailable offense. It accuracy of weather forecasts & Earth observations from
proposes a three-year jail term for men who practice California, US.
instant Triple Talaq. As per ISRO Satellite Centre Director M. Annadurai,
India will launch ‗Aditya-L1‘, the first Indian mission to
International Organization In News study the Sun, by 2019 – 2020.
International Solar Alliance (ISA) has now become a Space Kingdom of Asgardia launched its first satellite.
treaty-based international intergovt.al organization. This so-called ‗virtual nation‘ is the pet project of
ISA is India's global initiative & was jointly launched by Russian scientist & billionaire Igor Ashurbeyli. The
PM Modi & president of France in November 2015 in Asgardia-1 satellite contains half a terabyte of data.
Paris. Indian Space Research Organization (ISRO) will set up
UNESCO inscribed 'Kumbh Mela' on the a research centre in Guwahati, Assam for startups,
Representative List of Intangible Cultural Heritage of academicians, environmentalists & entrepreneurs.
Humanity.
Ministry of Finance appointed former economic affairs SCHEMES
secretary Shaktikanta Das as India‘s G20 Sherpa for
the Development Track of the grouping. POWER PLANTS ESTABLISHED
UNESCO‘s executive board chose former French The largest-ever floating solar power plant in India
Culture Minister Audrey Azoulay to be the UN inaugurated by state power minister MM Man at the
cultural agency‘s next leader. He succeeds outgoing Banasura Sagar dam in Wayanad, Kerala. The solar
Director-General Irina Bokova of Bulgaria. power plant that floats on the surface of the water has a
capacity of 500 kilowatts.
The largest-ever floating solar power plant in India
inaugurated by state power minister MM Man at the
Banasura Sagar dam in Wayanad, Kerala. The solar
power plant that floats on the surface of the water has a
capacity of 500 kilowatts.

Schemes launched by Union Govt.


Centre sanctioned projects over 10,000 crore rupees in
the North East for better network connectivity. 2 MoUs
have been signed to cover the uncovered areas in the
North East including Assam & Arunachal Pradesh.
Union Housing & Urban Affairs Minister Hardeep
Singh Puri announced the list of nine new Smart
Cities, which have emerged winners in Round 4. These
nine cities are, Silvassa in Dadra & Nagar Haveli, Erode
in Tamil Nadu, Diu in Daman & Diu, Bihar Sharif in
Bihar, Bareilly in Uttar Pradesh, Itanagar in Arunachal
Science & Technology (Nasa, Isro & Others) Pradesh, Moradabad in Uttar Pradesh, Saharanpur in
‗Pratyush‘, India‘s fastest ‗multi-petaflops‘ Uttar Pradesh & Kavaratti in Lakshadweep.
supercomputer was inaugurated by Union Minister for Union Minister for Finance & Corporate Affairs, Arun
Jaitley launched the National CSR Data Portal &
Science & Technology, Harsh Vardhan.
Corporate Data Portal in Delhi. This initiative is a
China successfully launched remote sensing satellites
significant step towards driving accountability &
designed to conduct electromagnetic probes & other
transparency for corporate India. The portals‘ easy
experiments.
India's first wave-powered navigational buoy, accessibility to the general public will ensure a high
developed by the National Institute of Ocean level of compliance & will help in institutionalising &
Technology (NIOT), to guide ships in & out of ports, consolidating the CSR activities.
was launched in Chennai, Tamil Nadu at Ennore What is the ‗Electoral Bonds‘ Scheme?
a) Centre unveiled the ‗Electoral Bonds‘ scheme, which
Kamarajar Port, in Chennai.
seeks to ensure the flow of clean money to political
parties, without revealing the donors‘ names.
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GA Power Capsule for Syndicate & Canara PO Exam 2018
b) As per Jaitley, the electoral bonds will be a bearer Islands, Dadra & Nagar Haveli & Daman & Diu for
instrument in the nature of a Promissory Note & an operational improvements.
interest-free banking instrument. PM Modi launched Umang mobile application, an
c) A citizen of India or a body incorporated in India will integrated platform for government to citizen services.
be eligible to purchase the bond from specified branches Umang- an acronym for "unified mobile app for new
of the State Bank of India. age" e-governance - currently hosts around 162 services
d) The bonds can be purchased for any value in multiples from 33 government departments of central & state
of Rs1,000; Rs10,000; Rs1 lakh; Rs10 lakh; & Rs1 crore. governments. It is developed by Ministry of Electronics
Namami Gange Projects Worth Rs. 295 crores & Information Technology (MEITY).
approved by NMCG i.e. National Mission for Clean Centre approved setting up of 'Pradhan Mantri Mahila
Ganga. Three projects pertain to sewage management Shakti Kendras' across 115 most backward districts of
in West Bengal at an estimated cost of Rs 278.6 the country through a new scheme for reaching out to
crore, one relates to sewage management rural women & facilitating skill development,
in Uttarakhand at an estimated cost of Rs 4.68 crore & employment, digital literacy, health & nutrition. Govt.
one project worth Rs 11.73 crore is related also approved expanding Beti Bachao, Beti Padhao
to ghat improvement works in Varanasi, Uttar Pradesh. scheme from 161 districts to 640 districts in the country,
Govt. formally launched the ‗Ganga Gram‘ project at as well as 150 additional 'one stop centres' for the
the Ganga Gram Swachata Sammelan in New Delhi. It survivors of sexual violence along with seven other
is an integrated approach for the holistic development programmes that are part of the umbrella scheme -- the
of villages situated on the banks of the holy river with National Mission for Empowerment of Women. The
the active participation of villagers. financial outlay for these schemes from 2017 to 2020 will
With an aim to bring the foreign policy to the masses, be Rs 3,636.85 crore.
External Affairs Ministry come up with an initiative To provide high-speed broadband service in all Gram
called SAMEEP - 'Students & MEA Engagement Panchayats by March 2019, govt. launched its second &
Programme'. Under this, MEA official will talk to final phase of BharatNet project. It will be
students to help them better understand foreign policy. implemented at an outlay of Rs. 34 thousand crores.
The main objective is to take Indian foreign policy & its Govt. launched the ‗Bharat 22‘ exchange traded fund
global engagements to students across the country. (ETF) managed by ICICI Prudential Mutual Fund,
Union Cabinet chaired by PM Modi approved the targeting an initial amount of about Rs. 8,000 crores.
Ministry of Railways' transformative initiative to set Cabined chaired by PM Modi approved the proposal
up India's first ever National Rail & Transport for creation of National Testing Agency (NTA) for
University (NRTU) in Vadodara, Gujarat to skill its conducting various entrance examinations.
human resources & build capability. Manyata was launched by FOGSI (Federation of
CCEA given its approval for a new skill development Obstetric & Gynecological Societies of India).
scheme covering the entire value chain of the textile ‗Manyata‘ is a nationwide movement which is
sector excluding Spinning & Weaving in organized emphasising the need for quality care for mothers
Sector, titled "Scheme for Capacity Building in Textile during & immediately after childbirth.
Sector (SCBTS)" from 2017-18 to 2019-20 with an India Hypertension Management Initiative (IHMI)
outlay of Rs. 1300 crore. It will have National Skill was launched by Health Ministry & ICMR (Indian
Qualification Framework (NSQF) compliant training Council of Medical Research). The objective of this
courses. initiative is to reduce morbidity & mortality due to
President Kovind, laid the foundation stone of the cardiovascular diseases (CVDs) by controlling high
'Nyaya Gram project' of the High Court of Allahabad blood pressure. It is a collaborative project of ICMR,
in Allahabad, Uttar Pradesh. 'Nyaya Gram' is a Ministry of Health & Family Welfare (MoHFW), WHO
residential & training complex of Allahabad High & State Govts.
Court. Minister of State Health & Family Welfare Anupriya
A Public Procurement Portal named ‗MSME Patel launched a nationwide health campaign to
Sambandh‘ launched by Shri Giriraj Singh, MoS (IC) for sensitise women about the early screening & the
MSME in New Delhi. The objective is to monitor the preventive care for cancer. Themed 'Nurturing the
implementation of Public Procurement from MSEs by Nurturer', the campaign was launched by FICCI
C-PSE. Ladies Organisation (FLO) in partnership with the
On 2nd Anniversary of Ujwal DISCOM Assurance Apollo Hospitals group.
Yojana (UDAY), Government of India signed four PM Modi launched Sahaj Bijli Har Ghar Yojana or
MoUs under the Scheme with the State of Nagaland & ‗Saubhagya‘, to supply 24/7 electricity supply to poor
with Union Territories (UTs) of Andaman & Nicobar households. The government stated that states will be

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GA Power Capsule for Syndicate & Canara PO Exam 2018
required to complete the household electrification by Pradhan Mantri Sahaj Bijli Har Ghar Yojana
March 31, 2019. The total outlay for the Saubhagya (SAUBHAGYA) launched in Manipur, by Union
scheme will be Rs 16,320 crore. PM Modi launched - Minister of State (IC) for Power & New & Renewable
Pradhan Mantri Sahaj Bijli Har Ghar Yojana Energy, R.K. Singh & N. Biren Singh, CM, Manipur.
‗Saubhagya‘ to provide electricity connections to over 4 Kerala government launched ―She Pad,‘‘ a scheme to
crore families in rural & urban areas by December 2018. distribute free sanitary napkins to girl students from
India will achieve the target of power for all by classes VI to XII in government & aided private schools
December 2018, while all villages will be electrified by affiliated to the state school board.
the end of 2017. President Kovind launched various schemes entailing
total expenditure of Rs 3,455 crore in Jharkhand to
Schemes launched by State Govt. coincide with the state's 17th Foundation Day. He
CM of Himachal Pradesh, Jai Ram Thakur launched launched Rs. 636-crores 'Mukhyamantri Health
the ‗Shakti‘ app for women‘s safety in the state. It is Insurance Scheme'. He also launched JOHAR
developed by National Informatics Centre (NIC) of HP (Jharkhand's Opportunities for Harnessing Rural
govt. The main objective is to fight crimes against Development) schemes entailing the expenditure of Rs
women in the state. 1,500 crore to help tribal & Dalit families double their
Punjab CM Amarinder Singh launched the release of incomes in four years.
benefits under 'Mahatma Gandhi Sarbat Vikas Goa CM Parrikar launched Jai Kisaan App, a farmer
Yojana' (MGSVY) aimed at the inclusive growth of the engagement app containing features & functions to
distressed sections of the society. fulfill the needs of the farmer community in India. It is a
Odisha CM Naveen Patnaik launched the one-stop solution on agricultural information &
‗Mukhyamantri Kalakar Sahayata Jojana‘ (MMKSJ) – cultivation, covering crop nutrition, protection, seeds, &
an assistance scheme for Artists in the state. Govt. has diagnostic services.
decided to give Rs 1,200 per month as artist assistance. Rajasthan Govt. launched ‗Dishari‘, an educational
Under this, a male artist can avail assistance after mobile application that provides free study materials
attaining the age of 50 years instead of the existing 60 for youths preparing for competitive examinations.
years & for female artists it is reduced to 40 years. Assam CM Sarbananda Sonowal rolled out 647 schemes
Haryana become the first state in the country to entailing an investment of Rs 24.57 crore for
launch High-Risk Pregnancy (HRP) Portal. This portal development of world's largest river island Majuli.
not only helps in early identification of high-risk Out of these, 448 schemes under MGNREGA involved
pregnant cases up to the grass-roots level but also Rs 21.90 crore & 199 schemes under 14th Finance
ensures their timely referral to the civil hospitals for Commission have an outlay of Rs 2.67 crore, it added.
further management & delivery by specialists. Odisha Government launched ‗Sampurna (Sishu Abond
The state cabinet of UP launched ‗Mukhya Mantri Matru Mrityuhara Purna Nirakaran Abhijan) Yojna‘
Awas Yojna Grameen‘, a new scheme to construct scheme for pregnant women, in Odisha. Under the
houses in rural areas. Under this, Rs 1.30 lakh financial scheme, Odisha government will provide Rs. 1,000 as
aid (for constructing houses) will be given to people transport cost for pregnant women to travel to the
residing in Naxal-affected areas of UP & Rs 1.20 lakh hospital.
to selected beneficiaries.
Uttar Pradesh launched a free household power Schemes launched by Ministries
connection scheme for the poor in the state to mark Environment Minister Harshvardhan launched a 2.8
former PM Atal Bihari Vajpayee‘s birth anniversary. PetaFlop capacity high-performance computer system
The scheme is driven by govt.‘s motto ‗Prakash hai ‗Mihir‘ in Noida. It will help the department in
to Vikas hai‘ (the barometer of development is light). predicting severe climate-related calamities & warnings
The govt. also introduced Kisan Uday Yojana, a novel for fishermen.
scheme for farmers. Secretary, Ministry of Women & Child Development
Jammu & Kashmir Bank launched a special financial (MWCD), Mr Rakesh Srivastava launched Phase -1 i.e.
scheme for journalists of the state. The scheme "J&K the beneficiary module of Rapid Reporting System
Bank Sahafat Finance Scheme" was launched by the (RSS) for the Scheme for Adolescent Girls (SAG) on
bank's chairman & CEO Parvez Ahmad. 24th January. It is a web-based online monitoring for
Odisha government launched a scheme named 'Fish the Scheme for Adolescent Girls in New Delhi.
Pond Yojana' to boost fish production in the state with Ministry of Electronics & Information Technology
a budgetary provision of Rs 96 crore. It aims to create (MeitY), announced the 'Cyber Surakshit Bharat'
additional 2,200 hectare of fresh water aquaculture initiative in association with National e-Governance
farming with 50% financial assistance to farmers. Division (NeGD) & industry partners. It is the first

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GA Power Capsule for Syndicate & Canara PO Exam 2018
public-private partnership of its kind & will leverage Minister of Communications Shri Manoj Sinha launched
the expertise of the IT industry in cybersecurity. a Pan India scholarship program for school children
Saksham (Sanrakshan Kshamta Mahotsav) is an called Deen Dayal SPARSH Yojana to increase the
annual flagship event of Petroleum Conservation reach of Philately. Note: SPARSH (Scholarship for
Research Association (PCRA) under the aegis of Promotion of Aptitude & Research in Stamps as a
Ministry of Petroleum & Natural Gas. It focuses the Hobby). Under this govt proposed to award annual
active involvement of the Oil & Gas PSUs along with scholarships to children of Standard VI to IX having
other stakeholders for creating focused attention on good academic record & also pursuing Philately as a
fuel conservation through people-centric activities. hobby. The amount of Scholarship will be Rs. 6000/- per
Ministry of Railways launched Smart Freight annum @ Rs. 500/- per month.
Operation Optimisation & Real Time Information Shri Piyush Goyal, Union Minister of Railways & Coal
(SFOORTI) App for Freight Managers which provides has launched ‗Grahak Sadak Koyla Vitaran App‘
features for monitoring & managing freight business benefitting customers of Coal India Limited (CIL) lifting
using Geographic Information System (GIS) Views & coal through road mode.
Dashboard. It will help them plan the traffic flows & Union Ministries of Power & Textiles jointly launched
optimize freight operations. an initiative 'SAATHI' (Sustainable & Accelerated
Union Minister of State (I/C) of the Ministry of Adoption of efficient Textile technologies to Help
Development of North Eastern Region (DoNER), Dr small Industries). Under this initiative, Energy
Jitendra Singh launched the electronic-Human Efficiency Services Limited (EESL), a public sector entity
Resource Management System (e-HRMS) in New under the Union Ministry of Power, will acquire energy
Delhi. efficient Powerlooms, motors & Rapier kits in bulk &
Union Agriculture & Farmers‘ Welfare Minister, Shri provide them to the small & medium powerloom units.
Radha Mohan Singh has launched Livestock Disease
Forewarning –Mobile Application (LDF-Mobile Salient features of SFOORTI Application
App). The app is developed by ICAR-National Institute a) With this application, movement of freight trains
of Veterinary Epidemiology & Disease Informatics on Geographic Information System (GIS) view can be
(ICAR-NIVEDI), Bengaluru. tracked.
To enhance standards of cleanliness on beaches, the b) Both passenger & freight trains can be tracked over
environment ministry has launched a pilot Zones/Divisions/ Sections in single GIS View.
project 'Blue Flag' for its clean-up & development. With c) Comparative Analysis of Zonal/Divisional Traffic.
the prime objective of enhancing standards of d) This app provides a Bird‘s eye view of all Freight Assets
cleanliness, upkeep & basic amenities at beaches, the in a single window.
ministry has launched a pilot project, also striving for Union Minister of Earth Sciences Dr. Harsh
the 'Blue Flag' certification for such identified Vardhan dedicated India‘s fastest & first multi-
beaches. petaflops supercomputer named ‗Pratyush‘ to the
Minister of Communications Manoj Sinha launched nation in Pune. It is established at the Indian Institute
DARPAN- ―Digital Advancement of Rural Post Office of Tropical Meteorology, Pune. It will be a national
for A New India‖ Project to improve the quality of facility for improving weather & climate forecasts &
service, add value to services & achieve 'financial services under the umbrella of the Ministry of Earth
inclusion' of the unbanked rural population. Sciences.
Union Minister of State for Home Affairs, Shri Kiren Women & Child Development Minister Maneka
Rijiju, inaugurated the first national-level training of Gandhi inaugurated an online portal NARI in New
trainers program to sensitize various Central Delhi for the empowerment of women. It stands for
Ministries & Departments on the utilization of Sendai National Repository of Information for Women. The
Monitor for developing action plans for Disaster Risk portal will provide women with easy access to
Reduction (DRR) in New Delhi. information on Govt. schemes & initiatives for women.
Electronics & Information Technology Minister Ravi The portal summarises over 350 Govt. schemes & other
Shankar Prasad launched first NIC-CERT (Computer important information.
Emergency Response Teams), a setup of National Assamese & Manipuri language versions of PM‘s
Informatics Centre to prevent & predict cyber-attacks Official website- www.pmindia.gov.in were launched.
on govt. utilities. Now the PM INDIA website is available in 11 regional
Shri R.K. Singh, Minister of State (IC) for Power & New languages.
& Renewable Energy, launched the Pradhan Mantri
Sahaj Bijli Har Ghar Yojana – ‗Saubhagya‘ Web
Portal. It can be accessed at http://saubhagya.gov.in.

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GA Power Capsule for Syndicate & Canara PO Exam 2018
MISCELLANEOUS TOPICS Indian economy is expected to witness cyclical growth
recovery, with real GDP growth likely to accelerate
INDIAN RAILWAYS/ METRO in India from 6.4 % this year to 7.5% in 2018 & further 7.7% in
Matunga suburban station on the Central Railway 2019, as per report of Morgan Stanley.
(CR) found its way into the Limca Book of Records for Indian economy is likely to grow by 7.2% in 2018 &
having an all-woman staff. Matunga station is situated 7.4% in 2019 as per the ‗World Economic Situation &
in Mumbai, Maharashtra. Prospects 2018‘ report by United Nations Department
The first railway station in the country to have of Economic & Social Affairs (UN DESA).
Sanitary napkin Vending Machine is Bhopal station. ADB lowered India‘s GDP forecast for the current
Indian Railways launched the main arch of the world's fiscal by 0.3% to 6.7 %. & 7.3% from March 2018.
highest bridge on the River Chenab in Jammu & As per Finance Minister, India has recorded an average
Kashmir's Reasi district which will provide direct growth of 7.5% from 2014-15 to 2016-17.
connectivity to the Kashmir Valley.
PM Modi, West Bengal CM Mamta Banerjee & OTHERS
Bangladesh PM Sheikh Hasina jointly flagged off Oxford Dictionaries has chosen ‗Aadhaar‘ as the Hindi
‗Bandhan Express‘, a passenger train between Kolkata word of 2017. The word gained popularity due to
& Bangladesh‘s city of Khulna. It will cover 172 kms Aadhaar card, which was in news in 2017.
distance between Kolkata & Khulna in four hours. Research Designs & Standards Organisation (RDSO),
Railways plans to equip all trains with Bio-Toilets by the research arm of Ministry of Railways, has
December 2018. launched ―New Online Vendor Registration System‖.
Asia‘s largest Solid-State Interlocking (SSI) system Uttarayan festival is celebrated in Gujarat.
was installed in Kharagpur by the Indian Railways. As per GAIL, India‘s second largest rooftop solar
This will enable station masters to set 800 different power plant to be installed at Pata, Uttar Pradesh.
routes for trains in a matter of minutes. Government has launched MyGov platform to get
suggestions from citizens of India from all walks of life.
OPERATIONS LAUNCHED Central Government declared year 2018 as the
GOI commenced Swachh Survekshan - 2018. It is called ‗national year of millets‘.
as the world‘s largest cleanliness survey. Under this, VP Naidu inaugurated the Centenary celebrations of
all 4041 cities & towns in India will be rated & ranked the Yoga Institute in Mumbai.
on various parameters of sanitation & cleanliness. Frenchman Francois Gabart smashed the world record
Cyber Surakshit Bharat initiative was launched with the for the fastest non-stop solo navigation of the globe,
objective to spread awareness about cybercrime & to completing the mammoth feat in 42 days, 16 hours, 40
train & prepare all Chief Information Security Officers minutes & 35 seconds.
& staff. UNESCO inscribed 'Kumbh Mela' on the
Representative List of Intangible Cultural Heritage of
INDIA‘S GDP REPORTS Humanity.
As per IMF, India is projected to grow at 7.4% in 2018 The largest-ever floating solar power plant in India
as against China‘s 6.8%, making it the fastest growing inaugurated by state power minister MM Man at the
country among the emerging economies. In 2017, Banasura Sagar dam in Wayanad, Kerala. The solar
India‘s growth rate dropped to 6.7%. For 2019, it has power plant that floats on the surface of the water has a
projected 7.8%. capacity of 500 kilowatts.
India Ratings & Research projected the country‘s The word 'populism' announced as Cambridge
economic growth to improve to 7.1% in 2018-19 from Dictionary's Word of the Year 2017.
6.5% in 2017-18. The Nation on 3rd December 2017 remembered India's
World Bank projected India‘s growth rate at 7.3 first President Rajendra Prasad on his 133rd birthday.
percent in 2018 & 7.5 for the next two years. India‘s India's first Madame Tussauds wax museum has been
economy is estimated to have grown at 6.7 percent in opened in New Delhi.
2017. President Kovind cleared an ordinance amending the
As per the HSBC report, India's growth rate is expected Indian Forest Act, 1927. It omits bamboo grown in
to accelerate at around 6.5 percent in 2017-18 & is likely non-forest areas from the definition of trees, thereby
to improve further to 7.6 percent by 2019-20. exempting it from requiring permits for felling or
Indian economy will expand by 6.5% in 2017-18, as per transportation.
the Central Statistics Office (CSO). The economy had Union Agriculture Minister Radha Mohan Singh has
grown by 6.3% in the September quarter. The Indian sent a proposal to United Nations for declaring 2018 as
economy grew at 7.1% in 2016-17. "International Year of Millets" to raise awareness

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GA Power Capsule for Syndicate & Canara PO Exam 2018
among consumers, policy makers, industry & research PM Modi met Sri Lankan PM Ranil Wickremesinghe.
sector. Sri Lankan PM, who arrived in India on a four-day visit,
President Kovind inaugurated International Ambedkar will hold bilateral talks with PM Modi & will also call
Conclave, organised by the Forum of SC & ST upon President Ram Nath Kovind.
Legislators & Parliamentarians, in New Delhi. PM Narendra Modi reached the Philippines capital
World's first Sanskrit 3D film 'Anurakthi among the Manila. He will be attending the 31st ASEAN, the East
main attraction in 3D category at the International Film Asia & the India-ASEAN annual Summits.
Festival of India in Panaji in Goa. King of Bhutan, Jigme Khesar Namgyel Wangchuck
The iconic Trump Tower comprising 140 ultra-luxury arrived in New Delhi. He was accompanied by his
apartments has been launched in Kolkata. wife, Queen Gyaltsuen Jetsun Pema Wangchuck.
A grateful nation is paying homage to former PM President of Armenia, Serzh Sargsyan arrived in New
Indira Gandhi on her 100th birth anniversary on 19th Delhi. He attended the World Food India Conference
November 2017. 2017.
210-metre-high statue of Chhatrapati Shivaji Maharaj Minister of State (IC) Youth Affairs & Sports Col.
received environmental clearance, making it the world‘s Rajyavardhan Rathore visited Egypt to attend World
tallest statue, once built. Youth Forum at Sharam El Shiekh. It was inaugurated
Fake news, a term popularised by U.S. President by the President of Egypt Mr Abdelfateh El Sisi.
Donald Trump, has been named the word of the year Prince of Wales, Charles Philip Arthur George arrived
by Collins dictionary due to its widespread use around in New Delhi. This visit is a part of their 10-day tour to
the world. Singapore, Malaysia, Brunei & India. The visit is aimed
The annual ‗Balijatra‘ festival was inaugurated by at strengthening bilateral relations between the two
Health & Law Minister Pratap Jena at Gadagadia ghat nations.
in Odisha on the banks of river Mahanadi. External Affairs Minister Sushma Swaraj held a
meeting with Guinea‘s Foreign Minister, Mamady
Person on Visit Toure, during the course of which the latter handed
Russia‘s Deputy PM Dmitry Rogozin arrived in New over his country‘s instrument accession to the India-
Delhi. He will co-chair the meeting of India-Russia initiated International Solar Alliance (ISA).
Inter-Govt.al Commission on Trade, Economic,
Scientific, Technological & Cultural Cooperation
(IRIGC-TEC).
PM Modi visited Ockhi affected Lakshwadeep, Tamil
Nadu & Kerala to take stock of the situation, meets
affected people. He announced the relief package of Rs
325 crore for all 3 states & ex-gratia assistance of Rs. 2
lakh to the next of kin of the deceased.
Commerce & Industry Minister Suresh Prabhu is in
Buenos Aires, Argentina to attend the 11th Ministerial
conference of the World Trade Organization (WTO).
Singapore Defence minister Ng Eng Hen was in India
& signed the agreement with Defence Minister
Seetharaman.
External Affairs Minister Sushma Swaraj attended the
Shanghai Cooperation Organization summit at Sochi
in Russia.

Banking Awareness for Syndicate & Canara Bank PO 2018

List of Mergers in the Indian Banking Industry ICICI Bank Bank of Rajasthan 2010
The Bank which The Bank which got Year of State Bank of State Bank of Indore 2009
acquired Merged Merger India
State Bank of 5 SBI‘s Associate 2017 State Bank of State Bank of 2008
India Banks & Bharatiya India Saurashtra
Mahila Bank HDFC Bank Centurion Bank of 2008
Kotak Mahindra ING Vysya Bank 2016 Punjab
Bank Centurion Bank Lord Krishna Bank 2007

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68
GA Power Capsule for Syndicate & Canara PO Exam 2018
of Punjab  Department of Posts (IPPB)- New Delhi
Indian Overseas Bharat Overseas 2007  Fino PayTech Limited- Navi Mumbai
Bank Bank  National Securities Depository Limited- Mumbai
IDBI Bank United Western 2006  Reliance Industries- Mumbai
Bank Ltd.  Vodafone m-pesa Limited- Mumbai
Federal Bank Ganesh Bank of 2006
Kurundwad A Brief on NPCI
Centurion Bank Bank of Punjab 2005 National Payments Corporation of India (NPCI) is an
(BoP) umbrella organization for all retail payments system in
IDBI Bank IDBI Limited 2005 India. It was incorporated in December 2008&the
Limited Certificate of Commencement of Business was issued in
Oriental Bank of Global Trust Bank 2004 April 2009. The authorized capital was pegged at Rs 300
Commerce (GTB) crore&paid up capital was Rs 100 crore.
Punjab National Nedungadi Bank 2003 B.Sambamurthy- Interim Chairman.
Bank
Bank of Baroda Benares State Bank 2002 A Brief on BHIM
ICICI Bank ICICI Limited 2002 Bharat Interface for Money is an app that lets you
Limited make simple, easy&quick payment transactions using
ICICI Bank Bank of Madura 2001 Unified Payments Interface (UPI). This can be done
HDFC Bank Times Bank 2000 using just Mobile number or Virtual Payment Address
Union Bank of Sikkim Bank 1999 (VPA). Currently it is available in 12 languages.
India Virtual Payment Address (VPA) is a unique identifier
State Bank of Kashinath State 1995 which you can use to send&receive money on UPI.
India Bank Amount of money that can be sent using BHIM is
Bank of India Bank of Karad 1994 uptoRs 10,000 per transaction&a maximum of Rs
20,000 per day for one bank account.
Punjab National Bank New Bank of 1993
India
A Brief on UPI- 2016
State bank of Bank of Cochin 1985
Unified Payments Interface is an instant payment
India
system developed by NPCI. UPI is built over the IMPS
Canara Bank Lakshmi 1985
infrastructure&allows you to instantly transfer money
Commercial Bank
between any two parties' bank accounts.
UPI-PIN is a 4-6 digit pass code you create/set during
Head Office of Small Finance Banks
first time registration with this App.
 Au Financiers (India) Ltd., Jaipur
The upper limit per UPI transaction is Rs. 1 Lakh.
 Capital Local Area Bank Ltd., Jalandhar
 Disha Microfin Private Ltd., Ahmedabad
Immediate Payment Service (IMPS)
 Equitas Holdings P Limited, Chennai
It was launchedin 2010. IMPS offers an instant, 24X7,
 ESAF Microfinance & Investments Private Ltd.,
interbank electronic fund transfer service through mobile
Registered Office- Chennai, Corporate Office- Thrissur
phones.
(Kerala)
 Janalakshmi Financial Services Private Limited,
Overview of *99# Service
Bengaluru
*99# service launched by NPCI, which works on
 RGVN (North East) Microfinance Limited, Guwahati
Unstructured Supplementary Service Data (USSD)
 Suryoday Micro Finance Private Ltd., Navi Mumbai
channel. This service was launched in 2014. Banking
 Ujjivan Financial Services Private Ltd., Bengaluru
customers can avail the service by dialing *99#, a
 Utkarsh Micro Finance Private Ltd., Varanasi
―Common number across all Telecom Service Providers
(TSPs)‖ on their mobile phone&transact through an
Head Office Payment Banks
interactive menu displayed on the mobile screen.
 Aditya Birla Nuvo Limited- Veraval, Gujarat
 Airtel M Commerce Services Limited- Registered
Overview of *99*99# Service
Office- New Delhi, Corporate Office- Gurugram,
*99*99# is a USSD (Unstructured Supplementary Service
Haryana
Data) based value added service from NPCI that facilitates
 Cholamandalam Distribution Services Limited-
the customers to check the status of his/her Aadhaar
Chennai

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GA Power Capsule for Syndicate & Canara PO Exam 2018
number seeding/linking in the bank account. The service
works across all GSM service providers&brings together A brief on ACU
the diverse ecosystem partners such as Banks & TSPs Asian Clearing Union (ACU) was established with its
(Telecom Service Providers). head-quarters at Tehran, Iran, on December 9, 1974.
The Central Banks&the Monetary Authorities of
MMID Bangladesh, Bhutan, India, Iran, Maldives, Myanmar,
MMID stands for Mobile Money Identifier. MMID is a 7- Nepal, Pakistan&Sri Lanka are currently the members
digit code issued by the bank to their customers for of the ACU.
availing IMPS. Asian Monetary Units (AMUs) is the common unit of
account of ACU&is denominated as ‗ACU
A Brief on QSAM Dollar‘&‗ACU Euro‘. All instruments of payments
*99*99# service, is alternatively known as QSAM (Query under ACU have to be denominated in AMUs.
Service on Aadhaar Mapper). Using this service, a person
can check the Aadhaar seeding/linking status in his/her Rupee Denominated Bonds
bank account. Any corporate (entity registered as a company under the
Companies Act, 1956/ 2013) or body corporate (entity
A Brief on NACH specially created out of a specific act of the Parliament)
NPCI implemented ―National Automated Clearing House &Indian banks are eligible to issue Rupee denominated
(NACH)‖ for Banks, Financial Institutions, bonds overseas. Real Estate Investment Trusts
Corporates&Govt., is a web based solution to facilitate (REITs)&Infrastructure Investment Trusts (InvITs) coming
interbank, high volume, electronic transactions which are under the regulatory jurisdiction of SEBI are also eligible.
repetitive&periodic in nature. NACH System can be used The minimum maturity period for such bonds will be 3
for making bulk transactions towards distribution of years.
subsidies, dividends, interest, salary, pension etc. for bulk
transactions towards collection of payments pertaining to Risk in Banking Sector
telephone, electricity, water, loans, investments in mutual Banking risk can be defined as exposure to the uncertainty
funds, insurance premium etc. of outcome. It is applicable to full-service banks like SBI,
NACH‘s Aadhaar Payment Bridge (APB) System, PNB & Others.
developed by NPCI has been helping the Govt.&Govt. Types of bank risks
Agencies in making the Direct Benefit Transfer scheme a 1. Credit risk 4. Market risk
success. 2. Operational risk 5. Liquidity risk
3. Business risk 6. Reputational risk
BBPS Credit risk: It usually occurs because of inadequate
Bharat Bill Payment System (BBPS) will function as a income or business failure. Credit risk signifies a decline in
tiered structure for operating the bill payment system in the credit assets‘ values before default that arises from the
the country under a single brand image. deterioration in a portfolio or an individual‘s credit
NPCI will function as the authorized Bharat Bill Payment quality.
Central Unit (BBPCU), which will be responsible for Market risk: Basel Committee on Banking Supervision
setting business standards, rules&procedures for defines market risk as the risk of losses in on- or off-
technical&business requirements for all the participants. balance sheet positions that arise from movement in
market prices. Market risk is the most prominent for banks
Priority Sector Lending Certificates (PSLCs) present in investment banking.
These are a mechanism to enable banks to achieve the Operational risk: Basel Committee on Banking
priority sector lending target&sub-targets by purchase Supervision defines operational risk ―as the risk of loss
of these instruments in the event of shortfall. This also resulting from inadequate or failed internal processes,
incentivizes surplus banks as it allows them to sell people&systems or from external events. Operational risk,
their excess achievement over targets thereby the risk in all banking transactions
enhancing lending to the categories under priority Liquidity risk: Liquidity risk is the risk of a bank not
sector. being able to have enough cash to carry out its day-to-day
All PSLCs will be valid till March 31st&will expire on operations.
April 1st. Reputational risk—when banks lose the public‘s trust
There are only four eligible categories of PSLCs i.e. It is the risk of damage to a bank‘s image&public standing
PSLC General, PSLC Small&Marginal Farmer, PSLC that occurs due to some dubious actions taken by the
Agriculture & PSLC Micro Enterprises. bank.

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Business Risk: Business risk is the risk arising from a within 12 years from the date of commencement of
bank‘s long-term business strategy. It deals with a bank business of the bank.
not being able to keep up with changing competition
dynamics, losing market share over time, & being closed Payments Banks
or acquired. The objective is to further financial inclusion by
providing (i) small savings accounts(ii)
Sectors in the Indian Economy payments/remittance services to migrant labour
Indian Economy is normally categorized into three sectors workforce, low income households, small businesses,
namely - other unorganised sector entities&other users.
1. Primary Sector 2. Secondary Sector Scope of activities: Acceptance of demand deposits. It
3. Tertiary Sector will initially be restricted to holding a maximum
balance of Rs. 100,000 per individual customer.
1. Primary Sector It cannot undertake lending activities. Apart from
Primary Sector is directly dependent on environment for amounts maintained as CRR on its outside demand&
manufacture&production. For example, agriculture, time liabilities, it will be required to invest minimum
mining, farming etc. 75% of its "demand deposit balances" in SLR
2. Secondary Sector eligible. The minimum paid-up equity capital shall
Secondary Sector adds value to the proud by transforming be Rs. 100 crore.
raw materials into valuable products. For example, The promoter's minimum initial contribution to the
processing & construction industries. paid-up equity capital of such payments bank shall at
3. Tertiary Sector/Service Sector least be 40 % for the first five years from the
Tertiary Sector is involved in production&exchange of commencement of its business.
services. For example, transportation, communication, &
other services of such kind. Reserve Bank of India (RBI)
Tertiary Sector is also known as Services Sector as it i. RBI established on April 1, 1935 under RBI Act 1934
facilitates the production&exchanges of services. (recommendations of John Hilton Young
Commission 1926 – called Royal Commission on
National Institute of Bank Management (NIBM) Indian Currency&Finance), is the central bank of the
It was established in 1969 by RBI, in consultation with country&wasnationalisedw.e.f Jan 01,1949.
the Govt. of India, as an autonomous apex institution for ii. Originally it was a shareholders‘ bank which was
research, training, education&consultancy in bank taken over by the Central Govt. under Reserve Bank
management. Its mandate is to play a proactive role of (Transfer of Public Ownership) Act 1948 (paid up
―think-tank‖ of the banking system. The Governor of RBI capital Rs. 5 cr).
is the Chairman of the Governing Board. It is situated at iii. RBI‘s central office is in Mumbai.
Pune, Maharashtra.
Functions of RBI:
Electronic Funds Transfer at Point of Sale (EFTPOS) Issuance of currency: RBI is the authority in India to issue
EFTPOS is the method for paying for goods or services currency notes (called bank notes) under signatures of
without needing to carry cash. Governor. (One rupee note called currency note is issued
by the Central Govt.&signed by Finance Secretary). The
Small Finance Banks stock of currency is distributed with the help of currency
The objective is to further financial inclusion by (a) chests spread all over the country.
provision of savings vehicles,(b) supply of credit to Banker to Govt.: RBI transacts govt. business&manages
small business units; small&marginal farmers; public debt. SBI or any other bank is appointed Agent
micro&small industries;&other unorganised sector where RBI does not have office. It provides Ways & Means
entities, through high technology-low cost operations. advances to Govt.
It shall primarily undertake basic banking activities of Bankers‘ bank: It keeps a part of deposits of commercial
acceptance of deposits&lending to unserved & banks (as CRR) & acts as lender of last resort by providing
underserved sections including small business units, financial assistance to banks. It provides export credit
small&marginal farmers, micro&small industries refinance, Liquidity Adjustment Facility&MSF.
&unorganised sector entities. The minimum paid-up Controller of Banks: An entity which is to conduct
equity capital is Rs. 100 crores. banking business in India has to obtain license from RBI. It
The promoter's minimum initial contribution to the acts as controller of banks by including the banks in 2nd
paid-up equity capital of such small finance bank shall Schedule of the Act. It issues directions, carries inspection
at least be 40 %&gradually brought down to 26 % (on-site as well as off-site) &exercises management control.

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Controller of credit: RBI can fix interest rates (including The method which is used currently in India to issue
Bank Rate)&exercise selective credit controls. Various tools currency note – minimum reserve system. For issuing
such as change in cash reserve ratio, stipulation of margin notes, RBI is required to hold the minimum reserves of
on securities, directed credit guidelines etc. are used for Rs. 200 crore of which note less than Rs. 115 crore is to
this purpose. It also carries sale&purchase of securities be held in gold.
which are known as open market operations.
Maintenance of external value: RBI is responsible also for POLICY RATES
maintaining external value of Indian currency as well as Current Reserve Ratios & Policy Rates
the internal value. Foreign exchange reserves are held by Bank Rate 6.25%
RBI&it has a wide power to regulate foreign exchange Repo Rate 6.00%
transactions under Foreign Exchange Management Act. Reverse Repo Rate 5.75%
CRR 4.00%
BANKING REGULATION ACT 1949 SLR 19.50%
a) Passed as the Banking Companies Act 1949 (came into MSF 6.25%
force wef 16.3.49&changed to Banking Regulation Act 1949
w.e.f. 01.03.66, it was made applicable to J & K in 1956 Repo Rate
(and now applicable throughout India). Repo rate is the rate of interest which is levied on Short-
b) The Act is not applicable to primary agricultural credit Term loans taken by commercial banks from RBI.
societies, cooperative land mortgage banks&non- Whenever the banks have any shortage of funds they can
agricultural primary credit societies. borrow it from RBI.
Reverse Repo Rate
SCHEDULED BANK This is exact opposite of Repo rate. Reverse repo rate is the
a) As per Sec 2 (e) of RBI Act, a scheduled bank means a rate at which commercial banks charge on their surplus
bank who is included in 2nd schedule of RBI Act 1934. funds with RBI. RBI uses this tool when it feels there is too
b) A scheduled bank should satisfy the conditions which much money floating in the banking system.
include paid-up capital&reserves requirement of not less SLR Rate
than Rs. 5 lac, satisfaction of RBI that the affairs will not be Statutory Liquidity Ratio is the amount a commercial bank
conducted by the bank in a way to jeopardize the interests needs to maintain in the form of cash, or gold or Govt.
of the depositor. (Commercial, Rural&many State Coop approved securities (Bonds) before providing credit to its
Banks are classified as Scheduled Banks). customers.
c) A bank that is not included in the 2 nd Schedule of RBI is It is determined as the %age of total Net Demand&Time
called Non-scheduled Bank. Liabilities (NDTL).
Bank Rate
Total No. of Banks (As per IBA Website) It is defined in Sec 49 of RBI Act 1934 as the ‗standard rate
Total PSBs: 22 (IPPB is 100% Equaty of GoI) at which RBI is prepared to buy or rediscount bills of
Total Private Sector Banks: 24, If we include Payment & exchange or other commercial papers eligible for purchase
Small Bank (7) then it is 31. under this act‘.
RRB‘s: 56 | Foreign Banks: 46 | Cooperative Banks: 42 CASH RESERVE RATIO
CRR refers to the ratio of bank‘s cash reserve balances
IMPORTANT POINTS ON RBI with RBI with reference to the bank‘s net demand&time
RBI is not expected to perform the function of liabilities to ensure the liquidity&solvency of the
accepting deposits from the general public. scheduled banks.
Prime lending rate is decided by the individual banks.
RBI decides the following rates namely; Bank rate, ACCOUNTS IN A BANK
repo rate, reverse repo rate&cash reserve ratio. a) Savings Bank Account b) Current Deposit Account
The quantitative instruments of RBI are – bank rate c) Fixed Deposit Account d) Recurring Deposit a/c
policy, cash reserve ratio&statutory liquidity ratio. Savings Bank Account
The objective of monetary policy is to control inflation; The rate of interest on savings bank account varies from
discourage hoarding of commodities&encourage flow bank to bank&also changes from time to time. Interest rate
of credit into neglected sector. is paid to the account holders on daily balance basis.
When RBI is lender of the last resort, it means that RBI Current Deposit Account
advances credit against eligible securities. This account is mainly for big businessmen,
GOI decides the quantity of coins to be minted. companies&institutions, since there are no restrictions
on number of withdrawals from this type of account.

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From this withdrawal can be made any number of TERMS RELATING TO DEPOSITS
times. Unclaimed Deposits: The banks are to furnish to RBI a
For the convenience of the account holders banks also statutory annual return (penalty for delay) for unclaimed
allow withdrawal of amounts in excess of the balance accounts which have not been operated for a period of 10
of deposit. This facility is known as overdraft facility. years or more in December every year u/s 26 of RBI Act.
Fixed Deposit Account (also Term Deposit Account) Demand liabilities
Money is deposited in a fixed deposit account to earn
interest at a higher rate. Current deposits, Demand liabilities portion of saving
Recurring Deposit Account deposits, margins held against LC/LG, Balances in
The rate of interest allowed on the deposits in this overdue FD, cash certificate&RD, Outstanding TTs, MTs &
account is higher than that on a savings bank deposit DDs, Unclaimed deposits, Credit balance in CC a/c &
but lower than the rate allowed on a fixed deposit for Deposits held as security for loan payable on demand.
the same period. Time liabilities
Important points to remember
a) Minimum age to open a bank account is now 10 years. FDs, cash certificate, cumulative & RDs, time liabilities
b) Maximum Interest rate is given on FD A/c. portion of saving bank deposits, staff security deposits,
c) The maximum period of an FD is 10 years & for RD is 10 margins against LC not payable on demand, deposit held
years. as securities for advances&India Dev Bonds.

INTEREST RATE ON BANK ACOUNTS NEGOTIABLE INSTRUMENTS ACT 1881


A) Some points related to Interest Rates on Bank In India the Negotiable Instruments Act was passed
Accounts {Differential rate of interest (DRI)} during 1881 which came into force wef March 01, 1882.
Interest on Savings A/c is calculated on daily balance
basis. CHEQUE
Now, All SCBs (Excluding RRBs) have the discretion to A cheque is (a) a bill of exchange (b) drawn on a specified
offer differential interest rates based on whether the bank&(c) not expressed to be payable otherwise than on
term deposits are with or without-premature- demand. It includes electronic image of a truncated
withdrawal-facility, subject to the following guidelines: cheque&also an electronic cheque.
a) All term deposits of individuals (held singly or jointly)
of Rs.15 lakh&below should, necessarily, have AMOUNT OF A CHEQUE
premature withdrawal facility. Where amount of a cheque differs in words&figures, as
b) For all term deposits other than (i) above, banks can per Section 18, amount written in words should be paid
offer deposits without the option of premature irrespective of the fact, which amount is less or more.
withdrawal as well.
c) Banks should disclose in advance the schedule of Types of Cheque
interest rates payable on deposits i.e. all deposits 1. Bearer Cheque or open Cheque
mobilized by banks should be strictly in conformity When the words "or bearer" appearing on the face of the
with the published schedule. cheque are not cancelled, the cheque is called a bearer
cheque. The bearer cheque is payable to the person
B) Taxation of Savings Bank Interest rates: specified therein or to any other else who presents it to the
Unlike interest on fixed deposits, interest earned on bank for payment.
savings bank accounts is not subject to Tax Deduction 2. Order Cheque
at Source. However, this does not mean the interest When the word "bearer" appearing on the face of a cheque
earned on Savings accounts is completely tax free. It is is cancelled & when in its place the word "or order" is
exempt uptoRs. 10,000 in a year,&if the interest you written on the face of the cheque, the cheque is called an
earn from Savings accounts crosses this threshold, it order cheque. Such a cheque is payable to the person
becomes subject to tax. specified therein as the payee, or to any one else to whom
it is endorsed (transferred).
Inoperative & Dormant Accounts
RBI clarified on 30.10.09 that SB account can be treated as 3. Crossed Cheque
inoperative account only after 2 years from the date of the Crossing of cheque means drawing two parallel lines on
last credit entry of interest on Fixed Deposit account, the face of the cheque with or without additional words
where FD interest is being credited to SB account or where like "& CO." or "Account Payee" or "Not Negotiable". A
dividend on shares is being credited). crossed cheque cannot be encashed at the cash counter of a
bank but it can only be credited to the payee's account.

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Where an endorsement prohibits & restricts further
4. Ante-Dated Cheque negotiability of the instrument, it is called restricted
If a cheque bears a date earlier than the date on which it is endorsement.
presented to the bank, it is called as "ante-dated cheque". The words ‗Pay to Ashish only‘ or ‗Pay to Ashish for my
Such a cheque is valid upto 3 months from the date of the use‘ or ‗Pay to Ashish for account of B‘, are the cases of
cheque. restrictive endorsement.
Crossing
5. Post-Dated Cheque Crossing of a cheque means two parallel transverse lines
If a cheque bears a date which is yet to come (future date) on the face with or without words, such as ‗& Co‘, ‗not-
then it is known as post-dated cheque. A post dated negotiable‘, ‗payee‘s account only‘ etc. The words without
cheque cannot be honoured earlier than the date on the lines will not constitute crossing. Such instruments should
cheque. not be paid as drawer‘s mandate is not clear.
Crossing is applicable in case of cheques & demand
6. Stale Cheque draftonly & does not cover BOE or promissory note.
If a cheque is presented for payment after 3 months from
the date of the cheque it is called stale cheque. A stale TYPES OF CROSSING
cheque is not honoured by the bank. General crossing (sec 123)
General crossing is where a cheque bears across its face
7. A self cheque two parallel transverse lines (with or without words such
A self cheque is written by the account holder as pay self as ―& co‖ or any abbreviation. (Words not important, lines
to receive the money in the physical form from the branch are).
where he holds his account. Special crossing (sec 124)
Where a cheque bears across its face, name of bank, either
8. ―A truncated cheque‖ means a cheque which is with or without the words not-negotiable (lines are not
truncated during the course of a clearing cycle, either by important, the addition of name of the bank is important),
the clearing house or by the bank whether paying or that addition shall be deemed as special crossing & the
receiving payment, immediately on generation cheque be considered to be crossed specially to banker.
of an electronic image for transmission.
The expression ―clearing house‖ means the clearing house Special Crossing in favour more than one bank
managed by the RBI or a clearing house recognised as As per Section 127, if a cheque is crossed specially to more
such by the RBI.‘ than one bank (unless one bank is acting as collecting
agent to another), the payment shall be refused. A cheque
Parties of a Cheque: crossed to two or more branches of the same bank is
There are three parties to the cheque considered to be crossed to one bank only.
Drawer or Maker
The bank - on whom the cheque is drawn (i.e. the bank Not negotiable crossing
with whom the account is maintained by the drawer) As per Section 130, a person taking a cheque crossed
Payee – Payee is the person whose name is mentioned generally or specially bearing the words ‗not negotiable‘
on the chequeto whom or to whose order the money is shall not have not be capable of giving a better title to the
directed to be paid. cheque than that, which ther p erson from whom he took
it, had.
ENDORSEMENT
As per Section 15, endorsing means signing on the face or Demand Drafts
backside of an instrument (or even on a paper called Demand draft is defined as per Section 85 (a) of NI Act
Allonge or stamped paper), for the purpose of negotiating 1881 as an order to pay money drawn by one office of a
(transferring to next person) a negotiable instrument. bank upon another office of the same bank for a sum of
Endorsement in full money payable to order on demand.
If an endorser signs his name&adds a direction to pay the Important features of a demand draft are:
amount mentioned in the instrument to, or to order of, a It is payable to order on demand (85-A NI Act).
specified person, the endorsement is said to be in full. It cannot be issued as payable to bearer (Sec. 31 RBI
Blank endorsements can be converted into full. Act).
If a bank fails to honour a bank draft, it renders itself
Restrictive endorsement liable for damages. Similarly, omission of signatures or
wrong signatures can also make the bank liable.

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By prior arrangement, the paying bank could be a district. Accordingly, all the districts in the country
different bank also. have been allotted to various banks.
The lead bank acts as a leader for coordinating the
BANKING OMBUDSMAN SCHEME 2006 efforts of all credit institutions in the allotted districts.
The Scheme enables a bank customer for filing of
complaints relating to certain services rendered by banks. No Frill Account
1) The Banking Ombudsman is a senior official 'No Frills 'account is a basic banking account. Such
appointed by the Reserve Bank of India to redress account requires either nil minimum balance or very
customer complaints against deficiency in certain low minimum balance. Charges applicable to such
banking services. accounts are low.
2) All Scheduled Commercial Banks, Regional Rural The RBI in 2005-06 called upon Indian banks to design
Banks&Scheduled Primary Co-operative Banks are a ‗no frills account‘ – a no precondition, low
covered under the Scheme. ‗minimum balance maintenance‘ account with
3) The Banking Ombudsman does not charge any fee for simplified KYC (Know Your Customer) norms.
filing&resolving customers‘ complaints. But all the existing ‗No-frills‘ accounts opened were
4) The maximum compensation which a BO can help a converted into BSBDA in compliance with the
complainant to get is Rs. 20 lakhs. guidelines issued by RBI in 2012.
5) If a complaint is not settled by an agreement within a
period of one month, the BO proceeds further to pass BSBDA
an award. Before passing an award, the BO provides In 2012, RBI introduced BSBDA. Some important points
reasonable opportunity to the complainant&the bank, are:
to present their case. This account shall not have the requirement of any
6) If one is not satisfied with the decision passed by the minimum balance.
BO, one can approach the appellate authority who is The services available in the account will include:
the Deputy Governor of the RBI. deposit&withdrawal of cash at bank branch as well as
ATMs; receipt/credit of money through electronic
FINANCIAL INCLUSION payment channels or by means of deposit/collection
Financial inclusion involves of cheques drawn by Central/State Govt. agencies &
1) Give formal banking services to poor people in urban & departments;
rural areas. While there will be no limit on the number of deposits
2) Promote habit of money-savings, insurance, pension- that can be made in a month, account holders will be
investment among poor-people. allowed a maximum of four withdrawals in a month,
3) Help them get loans at reasonable rates from normal including ATM withdrawals.
banks. So they don‘t become victims in the hands of Facility of ATM card or ATM-cum-Debit Card.
local moneylender.
Business Correspondent
Some Important initiatives for Financial Inclusion BCs are bank representatives. They personally go to
Lead banking scheme (LBS). area allotted to them&carry out banking. They help
No frills account. villagers to open bank accounts, in banking
BSBDA transactions etc.
Business Correspondents (BC) system. Business Correspondents get commission from bank
Swabhiman Campaign for every new account opened, every transaction made
PMJDY via them, every loan-application processed etc.

Lead Bank Scheme LENDING RATES


Lead Bank Scheme, introduced towards the end of Base Rate
1969, envisages assignment of lead roles to individual RBI decided that banks should switch over to Base
banks (both in public sector&private sector) for the Rate system w.e.f. 1.7.2010.
districts allotted to them. Banks may determine their actual lending rates w.r.t.
A bank having a relatively large network of branches Base Rate.
in the rural areas of a given district&endowed with No loan can be sanctioned below base rate.
adequate financial&manpower resources has generally Exempted accounts: The following loans could be
been entrusted with the lead responsibility for that priced without reference to Base Rate: (a) DRI loans (b)

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loans to banks‘ own employees (c) loans to banks‘ loans under schemes of Govt. of India wherein banks
depositors against their own deposits. have to charge interest rate as per the scheme.
Working Capital Term Loan, Funded Interest Term
Marginal Cost Based Lending Rate Loan etc. as part of rectification/restructuring
RBI introduced MCLR w.e.f. 1.4.2016 to determine package.
Base Rate by banks to improve the efficiency of Loans under various refinance schemes of Govt. of
monetary policy transmission. India or any Govt. Undertaking wherein banks charge
All rupee loans sanctioned&credit limits renewed interest at the rates prescribed under the schemes.
w.e.f. 01.04.16 to be priced w.r.t. MCLR. It will be The following loans can be priced without being
internal benchmark. linked to MCLR :
The MCLR comprises of (a) Marginal cost of funds; (b) a) Loan to depositors against their own deposits.
Negative carry on account of CRR; (c) operating costs; b) Loan to banks‘ employees&Chief Executive
(d) Tenor premium. Officer/Whole Time Directors.
Marginal Cost of funds (MCF): It has 2 components (a) c) Loans linked to a market determined external
Marginal cost of borrowings (b) return on networth. benchmark.
By using MCF, it will be calculated as: d) Fixed rate loans. In case of hybrid loans where the
Required CRR × (marginal cost) / (1-CRR) interest rates are partly fixed&partly floating, interest
rate on the floating portion should adhere to the MCLR
Exemptions from MCLR guidelines.

HANDY NOTES BANKING: PRIORITY SECTOR LENDING


It means provide credit to the needy sectors of the society. Enterprises exceed ten crore rupees
The sectors are:
• Agriculture • Micro&Small Enterprises Service Sector
• Education • Housing Enterprises Investment in equipment
• Export • Weaker Sections Micro Enterprises Does not exceed ten lakh rupees
• Social Infrastructure • Renewable Energy Small Enterprises More than ten lakh rupees but
does not exceed two crore rupees
Targets under PSL Medium Enterprises More than two crore rupees but
Agriculture: 18% of ANBC (Adjusted Net Bank does not exceed five crore rupees
Credit). Out of this 18%, a target of 8% of ANBC is for
Small & Marginal Farmers, to be achieved in a phased Other Targets under PSL
manner i.e., 7% by March 2016 & 8% by March 2017. Farmers with landholding of up to 1 hectare are
Weaker Sections: 10 % of ANBC. considered as Marginal Farmers. Farmers with a
Micro Enterprises: 7.5% of ANBC has been prescribed landholding of more than 1 hectare & upto 2 hectares
for Micro Enterprises, to be achieved in a phased are considered as Small Farmers.
manner i.e. 7% by March 2016 & 7.5% by March 2017. SCB having any shortfall in lending to priority sector
Overall PSL Target for Domestic Bank/Foreign Bank shall be allocated amounts for contribution to Rural
with more than 20 Branches: 40% of ANBC. Infrastructure Development Fund with NABARD.
Overall PSL Target for Foreign Bank with less than 20 For Renewable Energy, bank loans up to a limit of
Branches: 40% of ANBC to be achieved in phased Rs.15 crore to borrowers for purposes like solar based
manner power generators, etc. For individual households, the
2017-18 36 loan limit will be Rs.10 lakh per borrower.
2018-19 38 For Housing, banks can provide loans to individuals
2019-20 40 up to Rs. 28 lakh in metropolitan centres (with
population of ten lakh&above) & loans up to Rs. 20
Categorization of MSME according to MSME ACT 2006 lakh in other centres for purchase/construction of a
Manufacturing Sector (Goods) dwelling unit per family.
Enterprises Investment in plant&machinery Export credit will be allowed up to 32% of ANBC for
Micro Does not exceed twenty five lakh rupees Foreign banks with less than 20 branches in India.
Enterprises For Education, banks can provide loans to individuals
Small More than twenty five lakh rupees but for educational purposes including vocational courses
Enterprises does not exceed five crore rupees uptoRs. 10 lakh for studies in India&Rs. 20 lakh for
Medium More than five crore rupees but does not studies abroad.

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Limits under Social infrastructure Bank loans up to a NO REPAYMENT is required as long as the borrower
limit of Rs.5 crore per borrower for building social lives, Borrower should pay all taxes relating to the
infrastructure for activities namely schools, health care house&maintain the property as his primary residence.
facilities, drinking water facilities&sanitation facilities The amount of loan is based on several factors:
in Tier II to Tier VI centres. Borrower‘s age,
Value of the property
Monitoring of Priority Sector Lending targets Current interest rates &
To ensure continuous flow of credit to priority sector, The specific plan chosen.
there will be more frequent monitoring of priority sector As per the scheme formulated by National Housing
lending compliance of banks on ‗quarterly‘ basis instead of Bank (NHB), the maximum period of the loan period is
annual basis as of now. 15 years. The residual life of the property should be at
Non-achievement of Priority Sector targets least 20 years. Where the borrower lives longer than 15
Scheduled Commercial Banks having any shortfall in years, periodic payments will not be made by lender.
lending to priority sector shall be allocated amounts However, the borrower can continue to occupy.
for contribution to RIDF established with
NABARD&other Funds with NABARD/NHB/SIDBI, MONEY MARKET
as decided by the Reserve Bank from time to time. It is a market for short-term debt securities, such as
The interest rates on banks‘ contribution to RIDF or commercial paper, repos, negotiable certificates of
any other Funds, tenure of deposits, etc. shall be fixed deposit,&Treasury Bills with a maturity of one year or
by Reserve Bank of India from time to time. less.

RBI revises priority sector lending norms for RRBs CAPITAL MARKETS IN INDIA
Salient features of the guidelines:- It is the market for long term funds. It refers to all the
Targets: 75 % of total outstanding to the sectors facilities & institutional arrangements for borrowing &
eligible for classification as priority sector lending. lending medium & long term funds.
Categories of the Priority Sector: Medium
Enterprises, Social Infrastructure&Renewable Energy Money Market VS Capital Market
will form part of the Priority Sector, in addition to the Money Market Capital Market
existing categories, with a cap of 15% of total Market for short term Market for long term
outstanding. financial assets financial assets
Agriculture: 18% of total outstanding should be Maturity period less than Maturity period beyond
advanced to activities mentioned under Agriculture. one year one year
Small & Marginal Farmers: A target of 8% of total Deals over the counter Deals at stock exchange
outstanding has been prescribed for Small&Marginal No. of players limited No. of players unlimited
Farmers within Agriculture. Regulated by RBI Regulated by SEBI
Micro Enterprises: A target of 7.5 % of total
outstanding has been prescribed for Micro Enterprises. Major money market Instruments
Weaker Sectors: A target of 15 % of total outstanding Certificate of Deposit (CD)
has been prescribed for Weaker Sections. Commercial Paper (CP)
Monitoring: Priority Sector Lending will be monitored Inter Bank Participation Certificates
on a quarterly as well as annual basis. Inter Bank term Money
Note: The revised guidelines will be operational with Treasury Bills
effect from Jan 2016. Bill Rediscounting
Call/Notice Money
REVERSE MORTGAGE LOAN
The scheme of reverse mortgage has been introduced for Terms relating to Money Market
the benefit of senior citizens owning a house but having Call Money Money lent or borrowed for one day
inadequate income to meet their needs. Some important Notice Money Money lent or borrowed for a period
features of reverse mortgage are: of 2-14 days.
A homeowner who is above 60 years of age is eligible Term Money Money lent or borrowed for 15 daysto
for reverse mortgage loan. It allows him to turn the 1 year.
equity in his home into one lump sum or periodic Yield to Expected rate of return on an existing
payments mutually agreed by the borrower&the banker. maturity security purchased for the market.
Coupon Rate Specified interest rate on a fixed

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maturity security fixed at the time of the issue, interest payment & repaymentof principal at
issue. maturity.

CALL/NOTICE MONEY MARKET OPERATIONS WAYS & MEANS ADVANCES (WMAs)


Under call money market, funds are transacted on WMAs were introduced as per an agreement between
overnight basis & under notice money market, for 2 RBI & Govt.
days to 14 days. WMAs are temporary overdrafts by RBI to govt.
Participants include banks (excluding RRBs) & (Central & State) under Section 17(5) of RBI Act. WMSs
Primary Dealers (PDs), both as borrowers & lenders. replaced the earlier ad hoc T-Bills system.
Non-bank institutions are not permitted in the WMAs bridge the time interval of mismatch between
call/notice money market with effect from August 6, govt. expenditure&receipts.
2005. Duration: 10 consecutive working days for Central
Calculation of interest payable is based on FIMMDA‘s Govt.&14 days for State Govt.
(Fixed Income Money Market & Derivatives
Association of India) Handbook of Market Practices. OTHER MONEY MARKET INSTRUMENTS

INSTRUMENT OF GOVT. BORROWING CERTIFICATE OF DEPOSIT


To meet the temporary receipt & expenditure This scheme was introduced in July 1989, to enable the
mismatch, govt. obtains over draft from RBI under banking system to mobilize bulk deposits from the
Ways & Means Advances. For short term liquidity, it market, which they can attract at competitive rates of
issues cash management bills, treasury bills of 91 days, interest.
182 days & 364 days maturity. For long term funds, it Who can Scheduled commercial banks (except RRBs)
uses dated securities in the form of bonds/long term issue & All India Financial Institutions within
loans. their ‗Umbrella limit‘.
CRR/SLR Applicable on the issue price in case of banks
TREASURY BILLS Investors Individuals (other than minor), corporations,
These are the instruments (in the form of promissory companies, trusts, funds, associations etc.
notes) of short term borrowing by the Central govt., Maturity Min: 7 daysMax : 12 Months (in case of FIs
first issued in India in 1917. minimum 1 year&maximum 3 years).
TBs can be purchased by any one (including Amount Min: Rs. 1 lac, beyond which in multiple of Rs.
individuals) except State govt. 1 lac
Minimum amount of face value Rs. 25000 & in Int. Rate Market related. Fixed or floating
multiples thereof. Loan Against collateral of CD not permitted
Maturity: 91 days, 182 days & 364 days. Nature Usance Promissory note. Can be issued in
Treasury bills are zero coupon securities. They are Dematerialisation form only wef June 30, 2002
issued at a discount&redeemed at face value at
maturity. COMMERCIAL PAPER
i. CP introduced during 1990, is a short term money
Cash Management Bills (CMB) market instrument issued as an unsecured usance
CMB introduced on 11.08.11, is a short-term security to promissory note&privately placed.
be sold by Govt. of India to raise temporary money for ii. Who can issue Commercial paper (CP): Companies,
cash management needs. primary dealers (PDs)&all-India financial institutions (FIs).
The tenure is less than 91 daysbut the notified iii. A company is eligible to issue CP if:
amount&date of issue depends upon the temporary (a) Its tangible net worth, as per latest audited balance
cash requirement of the Govt. sheet, is not less than Rs. 4 crore.
It is issued at discount to the face value through (b) Sanctioned working capital limit by bank/s or all-India
auctions, as in the case of the Treasury Bills. financial institution/s;
(c) The borrower accounts are classified as a Standard
DATED SECURITIES Asset by financing bank/s/ institution/s&‗
These are long term securities & carry a fixed or (d) Minimum credit rating from SEBI approved credit
floating coupon (interest rate) paid on the face value, rating agency (CRA) is A3.
payable at fixed time periods (half-yearly). iv. Maturity: Min 7 days & max upto one year
The tenor of dated securities can be up to 40 years. v. Amount: Min Rs. 5 lakh or multiples thereof.
Public Debt Office of RBI acts as the
registry/depository of Govt. securities & deals with

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MERCHANT BANKING Open ended scheme: A scheme is the one which
Merchant banking stands for providing various services continuously offers its units&buys them back from
relation to capital market&financing the corporate sector. investors.
The Merchant Bankers provide consultancy to the
corporate sector on the issues like finance, capital DICGC (Deposit Insurance & Credit Guarantee
structure&investment, mergers, takeover&amalgamations, Corporation of India)
establishing coordination between the Govt.&the 1. Which banks are insured by the DICGC?
corporate sector. All commercial banks including branches of foreign
banks functioning in India, local area banks&regional
CAPITAL MARKETS IN INDIA rural banks are insured by the DICGC.
a) It refers to all the facilities & institutional arrangements 2. What does the DICGC insure?
for borrowing&lendingmedium & long-term funds. It insures all deposits such as savings, fixed, current,
b) It is segregated into (i) gilt edged market&(ii) the recurring, etc. except the following types of deposits.
industrial securities market. (i) Deposits of foreign Govt.s;
c) The gilt edged marketrefers to the market for govt. & (ii) Deposits of Central/State Govt.s;
semi-govt. securities which are traded in the market in (iii) Inter-bank deposits;
stable value&are sought after by banks&other institutions. (iv) Deposits of the State Land Development Banks
d) The industrial securities market refers to the market with the State co-operative bank;
for shares&debentures of old as well as new companies. (v) Any amount due on account of any deposit
This market is further divided as primary received outside India
market&secondary market. (vi) Any amount, which has been specifically
The primary market refers to the setup which helps the exempted by the corporation with the previous
industry to raise funds by issuing different types of approval of Reserve Bank of India.
securities, which are issued directly to the investors, 3. What is the maximum deposit amount insured by the
both individual&institutions. DICGC?
The secondary market refers to the network for Each depositor in a bank is insured upto a maximum
subsequent sale&purchase of securities, after these are of Rs.1,00,000 for both principal & interest amount
issued. held by him in the same capacity.
INDIAN DEPOSITORY RECEIPTS (IDRs) 4. HQ: Mumbai Chairman: NS Vishwanathan
IDR is an instrument in the form of a Depository Receipt
created by the Indian depository in India against the
underlying equity shares of the issuing company. In an
IDR, foreign companies would issue shares, to an Indian
companies would issue shares, to an Indian Depository
which would in turn issue depository receipts to investors
in India.

MUTUAL FUND TERMS


Asset Management Company: A company formed &
registered under the Companies Act 1956 & approved as
such by the SEBI to manage the funds of a mutual fund.
Under an agreement (with the trustees of the Mutual
Fund), an AMC undertakes to formulated mutual funds
schemes, distribute income as per agreement.
Close-ended scheme: A scheme where funds are raised
for a fixed period. The scheme is wound up after that
period&funds are returned with capital appreciation to
unit holders. Normally, a close-ended scheme is listed NPA-Non-Performing Asset & SARFAESI
It means once the borrower has failed to make interest or
on a stock exchange.
principal payments for 90 days, the loan is considered to
Net asset value: The price of value of one share of a
fund. It is calculated by summing the quoted values of be a non-performing asset.
all the securities held by the fund, adding in cash & any
Criteria for classification of loan as NPA
accrued income & subtracting liabilities & dividing the
result by the number of shares outstanding. Farm Credit within Agriculture loans: A loan will be
treated as an NPA if installment of the principal or

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interest remains unpaid beyond the due date for (a) two What is pledge: U/s 172 of Indian Contracts Act, pledge is
crop seasons in case of short duration crops (maturing bailment (delivery) of goods as security for payment of a
within one year)&(b) one crop season for long duration loan. Only goods (movable assets excluding actionable
crops (maturing after one year). This would also be claims (Sec 2(7) of Sales of Goods Act) can be pledged.
applicable, mutatis mutandis, to agricultural term loans.
In other agriculture loans, the 90 days norm would be HYPOTHECATION/PLEDGE-DISTINCTION
applicable. Hypothecation Pledge
Defined in SARFAESI Act 2002 Indian Contract Act
SARFAESI Act & Rules (Sec 2 n) 1872 (section 172)
SARFAESI Act (The Securitization&Reconstruction of Definition Charge on movable Bailment of goods
Financial Assets & Enforcement of Security Interest Act, property in favour as security for
2002) was enacted to regulate securitization & of secured creditor payment of a debt
reconstruction of financial assets & enforcement of without delivery of or performance of
security interest created in respect of Financial Assets to possession promise
enable realization of such assets. Parties: Hypothecator Pledger / pawner
The Act provides for the manner for enforcement of -Borrower Hypothecate Pledger / pawnee
security interests by a secured creditor without the -Bank
intervention of a court or tribunal. Nature of Movable assets Goods
If any borrower fails to discharge his liability in securities such as stocks,
repayment of any secured debt within 60 days of notice machinery, vehicles
from the date of notice by the secured creditor, the Possession Borrower (in trust Possession with
secured creditor is conferred with powers under the for bank). Bank bank till repayment
SARFAESI Act to cannot take of the loan. Bank
a) Takes possession of the secured assets of the borrower, possession without has to preserve the
including transfer by way of lease, assignment or sale, consent of the goods
for realizing the secured assets borrower. On carefully&return
b) Takeover of the management of the business of the taking possession the same, if loan is
borrower including the right to transferby way of lease, bank gets rights of repaid.
assignment or sale for realizing the secured assets, pledge&can sell the
c) Appoint any person to manage the secured assets assets without
possession of which is taken by thesecured creditor, intervention.
and
d) Require any person, who has acquired any of the MORTGAGE
secured assets from the borrower andfrom whom As per section 58 of Transfer of Property Act 1882,
money is due to the borrower, to pay the secured mortgage is transfer of interest in specific immovable
creditor so much of the money as if sufficient to pay the property for the purpose of securing the payment of
secured debt. money advanced or to be advanced by way of loan, an
existing or future debt or the performance of an
The assets portfolio of the banks is required to be engagement which may give rise to pecuniary liability.
classified as
(1) standard assets (2) sub-standard assets ATM
(3) doubtful assets (4) loss assets. Q.1 What is an Automated Teller Machine (ATM)?
Standard asset is one that does not disclose any Ans. Automated Teller Machine is a computerized
problems&which does not carry more than normal risk machine that provides the customers of banks the facility
attached to the business. of accessing their account for dispensing cash&to carry out
An asset which has been classified as NPA for a period other financial & non-financial transactions without the
not exceeding 12 months is considered as sub-standard need to actually visit their bank branch.
asset.
Doubtful asset is one which has remained NPA for a Q.2 What is White Label ATMs (WLAs)?
period exceeding 12 months. Ans. ATMs set up, owned&operated by non-banks are
An asset which is considered uncollectible&loss has called White Label ATMs. Non-bank ATM operators are
been identified by the bank or internal or external authorized under Payment & Settlement Systems Act, 2007
auditors or the RBI inspection&the loss has not been by the Reserve Bank of India.
written off is regarded as loss asset.

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Q.3. Is there any time limit for the card issuing banks for Pre-2005 series Banknotes
recrediting the customers account for a failed ATM/WLA The banknotes issued before 2005 MG series are called pre-
transaction? 2005 series banknotes, which do not have the year of
Ans. As per the RBI instructions, banks have been printing on the reverse side. On Jan 23, 2014, RBI decided
mandated to resolve customer complaints by re-crediting to withdraw, from circulation, these notes as they have
the customer‘s account within 7 working days from the fewer security features.
date of complaint. 1. These notes shall continue to be legal tender. The notes
are only being withdrawn from circulation.
Q.4. Are the customers eligible for compensation for 2. These notes can be exchanged at select bank branch till
delays beyond 7 working days? 30.06.16.
Ans. Yes. Effective from July 1, 2011, banks have to pay
compensation of Rs. 100/- per day for delays in re- NATIONALISATION OF BANKS
crediting the amount beyond 7 working days from the Nationalisation of Imperial Bank of India&its conversion
date of receipt of complaint for failed ATM transactions. into State Bank of India in July 1955.
The compensation has to be credited to the account of the Conversion of 8 major State-associated banks into
customer without any claim being made by the customer. subsidiary banks of SBI in 1959.
If the complaint is not lodged within 30 days of Nationalisation of 14 Indian scheduled banks in July
transaction, the customer is not entitled for any 1969.
compensation for delay in resolving his / her complaint. Nationalisation of 6 more banks in April 1980 & New
Bank of India merged into Punjab National Bank.
CURRENCY IN INDIA
Money as a means of payment consists of coins, paper TRANSFER SYSTEM IN BANKING SECTOR
money & withdrawable bank deposits.
Legal tender: As per provisions of coinage Act 1906, bank Real Time Gross Settlement (RTGS)
notes, currency notes&coins (Rs. 1&above) are legal tender RTGS implemented w.e.f. 26.03.2004 is a centralized
for unlimited amount. The subsidiary coins (below Re 1) payment system operated by RBI. In RTGS inter-bank
are legal tenders for sum not exceeding Re 1. Issue of 1, payment instructions are processed & settled, on gross
2&3 paise coins discontinued wef Sep 16, 1981. basis in a real time environment.
It uses Indian Financial Network (INFINET) & SFMS
What do you know by currency chest? platforms. RTGS is regulated by RTGS System
Currency chests are operated by RBI so that they can Regulations, 2013.
provide good quality currency notes to the public.
However, RBI has appointed commercial banks to National Electronic Funds Transfer (NEFT)
open&monitor currency chests on behalf of RBI. The cash RBI operationalisedNEFTSystem in Nov 2005. It facilitates
kept in currency chests is considered to be kept in RBI. transfer of funds from any bank branch to any other bank
branch.
What is a small coin depot? Amount: There is no lower/upper value limit.
The bank branches are also authorised to establish Small Bank account: NEFT is an account to account transfer
Coin Depots to stock small coins. The Small Coin Depots system. The remitter&beneficiary should have a bank
also distribute small coins to other bank branches in their account.
area of operation.
Processing Charges/Service Charges
What are soiled, mutilated&imperfect banknotes? 1. Banks cannot levy any charges for inward NEFT,
"Soiled note" means a note which, has become dirty 2. For outward NEFT: Up to Rs. 10000 = Rs. 2.50, above
due to usage & also includes a two piece note pasted Rs. 10000 to Rs. 1 lac = Rs. 5. Above Rs. 1 lac to Rs. 2 lac
together wherein both the pieces presented belong to = Max Rs. 15&above Rs. 2 lac = Max Rs. 25 (w.e.f.
the same note, & form the entire note. 13.07.2012).
Mutilated banknote is a banknote, of which a portion
is missing or which is composed of more than two CENTRALIZED FUNDS MANAGEMENT SYSTEMS
pieces. (CFMS)
Imperfect banknote means any banknote, which is CFMS was operated & maintained by RBI to enable
wholly or partially, obliterated, shrunk, washed, altered operations on current accounts maintained at various
or indecipherable but does not include a mutilated offices of the RBI, through standard message formats in a
banknote. secure manner.

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NEPAL REMITTANCE SCHEME
It is a cross-border one-way remittance facility scheme, for Non-Resident (External) Rupee Account (NRE Account)
remittance from India to Nepal. NRE account may be in the form of savings, current,
Amount: Up to Indian Rs. 50,000 from NEFT branches. recurring or fixed deposit accounts.
Beneficiary will receive funds in Nepalese rupees. Account will be maintained in Indian Rupees.
Accrued interest income&balances held in NRE
CORE BANKING SOLUTIONS accounts are exempt from Income tax.
Core Banking Solutions (CBS) or Centralised Banking Authorised dealers/authorised banks at their
Solutions is the process which is completed in a discretion allow for a period not more than two weeks,
centralized environment i.e. under which the information overdrawings in NRE savings bank accounts, up to a
related to the customer‘s account (i.e. financial dealings, limit of Rs. 50,000.
profession, income, etc.) is stored in the Central Server of Loans up to Rs.100 lakh can be extended against
the bank (that is available to all networked branches) security of funds held in NRE Account either to the
instead of the branch server. depositors or third parties.

Accounts for Foreign (Currency/Person) in India Foreign Currency Non-Resident (Bank) Account – FCNR
a) NRO A/c (Foreign Tourist) (B) Account
Foreign tourists during their short visit to India can FCNR (B) accounts are only in the form of term
open a Non-Resident (Ordinary) Rupee (NRO) deposits of 1 to 5 years
account (Current / Savings) with any Authorised Account can be in any freely convertible currency.
Dealer bank dealing in foreign exchange. Loans up to Rs.100 lakh can be extended against
Can be opened up to a maximum period of 6 months. security of funds held in FCNR (B) deposit either to
All payments to residents exceeding INR 50,000 can be the depositors or third parties.
made only by means of cheques / pay orders / DDs. The interest rates are stipulated by the Department of
Banking Operations & Development, RBI.
b) EEFC A/c
Exchange Earners' Foreign Currency Account (EEFC) How Ranting done to Banks in India
is an a/c maintained in foreign currency with RATING OF BANKS
Authorised Dealer. RBI‘s 1995 working group headed by Sh. S. Padmanabhan
It is a facility provided to foreign exchange earners, suggested method for rating.
including exporters, to credit 100% of their foreign RBI rates the banks on a 5 point scale of A to E, widely on
exchange earnings to the a/c, so that the account the lines of international CAMELS rating model for
holders do not have to convert foreign exchange into domestic banks&CALCS model for foreign banks.
Rupees, thereby minimizing the transaction costs.
All categories of foreign exchange earners, such as CAMELS Rating for Domestic Banks
individuals, companies, etc. who are resident in India, C Capital adequacy ratio
may open EEFC accounts. A Asset quality
It can be held only in the form of a current account. No M Management Effectiveness
interest is payable on EEFC accounts. E Earning (i.e. profitability)
L Liquidity (asset-liability management)
ACCOUNTS FOR NRI/PIO S System&controls
Non-Resident Ordinary Rupee Account (NRO Account)
NRO accounts may be opened / maintained in the Rating parameters for foreign banks
form of current, savings, recurring or fixed deposit C Capital adequacy ratio
accounts. A Asset quality
Interest rates offered by banks on NRO deposits L Liquidity
cannot be higher than those offered by them on C Compliance
comparable domestic rupee deposits. S System&controls
Account should be denominated in Indian Rupees.
NRI/PIO may remit from the balances held in NRO
BASEL-3 NORMS
account an amount not exceeding USD one million per
Basel Committee is the primary global standard-setter for
financial year, subject to payment of applicable taxes.
the prudential regulation of banks & provides a forum for
The limit of USD 1 million per financial year includes
cooperation on banking supervisory matters.
sale proceeds of immovable properties held by
NRIs/PIOs.

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Its mandate is to strengthen the regulation, supervision &
practices of banks worldwide with the purpose of Difference between BANK & NBFC:
enhancing financial stability. NBFCs lend & makeinvestments & hence their activities
Stefan Ingves, Governor of Sveriges Riks bank are akin to that of banks; however there are a few
(SWEDEN), is the Chairman of the Basel Committee. differences as given below:
Basel III or Basel 3 released in December, 2010 is the third i. NBFC cannot accept demand deposits;
in the series of Basel Accords. These accords deal with risk ii. NBFCs do not form part of the payment
management aspects for the banking sector. &settlementsystem&cannot issue cheques drawn on
According to Basel Committee on Banking Supervision itself;
"Basel III is a comprehensive set of reform measures, iii. Deposit insurance facility of Deposit Insurance &
developed by the Basel Committee on Banking Credit Guarantee Corporation is not available to
Supervision, to strengthen the regulation, depositors of NBFCs, unlike in case of banks.
supervision&risk management of the banking sector". Register with RBI:
Basel 3 measures aim to: A company incorporated under the Companies Act,
a) Improve the banking sector's ability to absorb shocks 1956&desirous of commencing business of non-banking
arising from financial & economic stress, whatever the financial institution as defined under Section 45 I(a) of the
source RBI Act, 1934 should comply with the following:
b) Improve risk management & governance a) It should be a company registered under Section 3 of
c) Strengthen banks' transparency & disclosures. the companies Act, 1954
b) It should have a minimum net owned fund of Rs 200
Three Pillars of Basel 3 lakh.

Pillar 1: Minimum Regulatory Capital Requirements Deposits in NBFC:


based on Risk Weighted Assets (RWAs): a) Presently, the maximum rate of interest an NBFC can
Maintaining capital calculated through credit, offer is 12.5%. The interest may be paid or
market&operational risk areas (mainly that capital compounded at rests not shorter than monthly rests.
which can absorb risk.) b) NBFCs are allowed to accept / renew public deposits
for a minimum period of 12 months & maximum
Pillar 2: Supervisory Review Process: period of 60 months. They cannot accept deposits
Regulating tools&frameworks for dealing with repayable on demand.
peripheral risks that bank face. c) The deposits with NBFCs are not insured.
d) The repayment of deposits by NBFCs is not
Pillar 3: Market Discipline: guaranteed by RBI.
Increasing the disclosures that banks must provide to
increase the transparency of banks TYPES OF MONEY
Commodity Money - Commodity money value is derived
Important Facts related to BASEL 3 from the commodity out of which it is made. The
Minimum Ratio of Total Capital To RWAs--10.50% commodity itself represents money, & the money is the
Minimum Ratio of Common Equity to RWAs--4.50% to commodity.
7.00% Representative Money - is money that includes token
Tier I capital to RWAs--6.00% coins, or any other physical tokens like certificates, that
Core Tier I capital to RWAs--5.00% can be reliably exchanged for a fixed amount/quantity of a
Capital Conservation Buffers to RWAs--2.50% commodity like gold or silver.
Leverage Ratio--3.00% Fiat Money - Fiat money, also known as fiat currency is
Countercyclical Buffer--0% to 2.50% the money whose value is not derived from any intrinsic
value or any guarantee that it can be converted into
NBFC valuable commodity (like gold). Instead, it derives value
Non-Banking Financial Company (NBFC) is a company only based On Govt. order (fiat)
registered under the Companies Act, 1956 engaged in the Commercial Bank Money - Commercial bank money or
business of loans & advances, acquisition of the demand deposits are claims against financial
shares/stocks/bonds/debentures/securities issued by institutions which can be used for purchasing goods &
Govt. or local authority or other marketable securities of a services.
like nature, leasing, hire-purchase, insurance business, chit
fund business. Reserve Money (M 0)

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Currency in circulation + Bankers‗ ‗deposits with the RBI + 28. NAV: Net Asset Value
‗Other‘ deposits with the RBI = Net RBI ‗credit to the Govt. 29. ICRA: Indian Credit Rating Agency
+ RBI credit to the commercial sector + RBI's claims on 30. CARE: Credit Analysis & Research Limited
banks + RBI's net is foreign assets + Govemment‘s 31. WMAs: Ways & Means Advances
currency liabilities to the public - RBI's net non-monetary 32. ALM: Asset Liability Management
liabilities. 33. INFINET Indian Financial Network
M1=Currency with the public + Demand deposits with the 34. OLTAS - On-line Tax Accounting System (OLTAS) for
banking system + 'Other' deposits with the RBI Direct Taxes
M2=M1 + Savings deposits of office savings banks. 35. TIN - Tax Information Network (TIN)
M3=M1+ Time deposits with the banking system 36. IMPS - Interbank Mobile Payment Service (IMPS) or
= Net bank credit to the Govt. Immediate Payment Service
M4=M3 +All deposits with post office savings banks 37. CDR- Corporate Debt Restructuring
(excluding National Savings Certificates) 38. CAD- Capital Account Deficit
39. REITs: Real Estate Investment Trusts
Note: 40. InvITs: Infrastructure Investment Trusts
Bhartiya Reserve Bank Note Mudran Private Limited 41. ALM- Asset Liability Management
(BRBNMPL) 42. ASBA: Application Supported by Blocked Amount
RBI established BRBNMPL in February 1995 as a wholly- 43. PIN: Personal Identification Number
owned subsidiary to augment the production of bank 44. CECA: Comprehensive Economic Cooperation
notes in India&to enable bridging of the gap between Agreement
supply&demand for bank notes in the country. 45. CEPA: Comprehensive Economic Partnership
Agreemeny
BANKING ABBREVIATIONS 46. DTAA – Double Taxation Avoidance Agreement
1. PSBs: Public Sector Banks 47. EFSF – European Financial Stability Facility
2. SNBCs: Schedule Non- Commercial Banks 48. FINO- Financial Inclusion Network Operation
3. SENSEX: Sensitive Index of Stock Exchange 49. FIPB – Foreign Investment Promotion board
4. KYC: Know Your Customer 50. FSLRC– Financial Sector Legislative Reforms
5. RTGS: Real Time Gross Settlement Commission
6. NEFT: National Electronic Fund Transfer 51. CRAR: Capital to Risk-weighted Assets Ratio
7. EFT: Electronic Fund Transfer 52. LCR: Liquidity Coverage Ratio
8. CBS: Core Banking Solutions 53. TARC - Tax Administration Reform Commission
9. LIBOR: London Interbank Offered Rate 54. GIRO - Govt. Internal Revenue Order
10. MIBOR: Mumbai Interbank Offered Rate 55. FRBMA: Fiscal Responsibility&Budget Management
11. MIBID: Mumbai Interbank Bid Rate Act
12. SARFAESI: Securitisation & Reconstruction of 56. AMFI- Association of Mutual Fund in India.
Financial Assets & Enforcement Of Security Interest 57. TIEA – Tax Information exchange Agreement
13. CAR: Capital Adequecy Ratio 58. GAAR - General anti avoidance rule
14. FIIs: Foreign Institutional Investments 59. GSLV - Geo-Synchronous Launch Vehicle
15. MICR: Magnetic Ink Character Recognition 60. PPP – Public Private Partnership & Purchasing Power
16. BIRD: Bankers Institute of Rural Development parity
17. IBA: Indian Bank Association 61. PSLV – Polar Satellite Launch vehicle
18. BPLR: Benchmark Prime Lending Rate 62. TAPI - Turkmenistan-Afghanistan-Pakistan-India.
19. SWOT: Strength, Weaknesses, Opportunities&Threats 63. QFI -Qualified Foreign Investors
20. SWIFT: Society For Worldwide Interbank Financial 64. AD-Authorized Dealer.
Telecommunication 65. ASSOCHAM-Associated Chambers of Commerce &
21. FERA: Foreign Exchange Regulatory Act Industry of India.
22. FEMA: Foreign Exchange Management Act 66. BCSBI-Banking Codes & Standards Board of India.
23. CASA: Current&Saving Account 67. BIS-Bank for International Settlements.
24. NDTL: Net Demand&Time Liabilities 68. CDS-Credit Default Swap.
25. NASDAQ: National Association For Securities Dealers 69. CEPA-Comprehensive Economic Partnership
Automated Quotations Management.
26. CRISIL: Credit Rating&Investment Services India 70. FIMMDA-Fixed Income Money MARKETS &
Limited Derivatives Association.
27. CIBIL: Credit Information Bureau Of India Limited 71. FPI-Foreign Portfolio Investment.

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72. IBRD-International Bank for Reconstruction & 3) What is NOSTRO Account?
Development. A Nostro account is maintained by an Indian Bank in the
73. UIDAI-Unique Identification Development Authority foreign countries.
of India. 4) What is VOSTRO Account?
74. PMGSY- Pradhan Mantri Gram Sadak Yojana A Vostro account is maintained by a foreign bank in India
75. PMEGP- PM's Employment Generation Programme with their corresponding bank.
76. NRDWP- National Rural Drinking Water Programme 5) What is BCBS?
77. PMKK- Pradhan Mantri Kaushal Kendras Basel Committee on Banking Supervision is an institution
78. SANKALP- Skill Acquisition & Knowledge created by the Central Bank governors of the Group of Ten
Awareness for Livelihood Promotion programme nations.
79. STRIVE- Skill Strengthening for Industrial Value 6) What is LIBOR?
Enhancement London InterBank Offered Rate. An interest rate at which
80. NTA- National Testing Agency banks can borrow funds, in marketable size, from other
81. ICDS- Integrated Child Development Services banks in the London interbank market.
82. TIES- Trade Infrastructure for Export Scheme 7) What is STRIPS?
83. FIPB- Foreign Investment Promotion Board Separate Trading for Registered Interest & Principal
84. CERT-Fin- Computer Emergency Response Team for Securities.
our Financial Sector 8) What do you mean by term ―CASA‖ related to bank?
85. IRFC- Indian Railway Finance Corporation Limited CASA stands for Current Account Savings Account. The
86. FFO- Further Fund Offering CASA ratio shows how much deposit a bank has in the
form of current&saving account deposits in the total
IMPORTANT BANKING TERMS deposit. A higher CASA ratio means better operating
Moral Suasion: Moral Suasion is just as a request by the efficiency of the bank.
RBI to the commercial banks to take so & so action & Note: The CORE word in CBS stands for Centralized
measures in so & so trend of economy. RBI may request Online Realtime Exchange.
commercial banks not to give loans for unproductive
purpose which does not add to economic growth but IMPORTANT CODES USED IN BANKING
increases inflation. IFSC (Indian Financial System Code)
Bouncing of a cheque: Where an account does not have Indian Financial System Code is an alpha-numeric code
sufficient balance to honour the cheque issued by the that uniquely identifies a bank-branch participating in
customer, the cheque is returned by the bank with the the NEFT system.
reason "funds insufficient" or "Exceeds arrangement". This This is an 11 digit code with the first 4 alpha characters
is known as 'Bouncing of a cheque'. representing the bank, The 5th character is 0 (zero) & the
Demat Account: The term "demat", in India, refers to a last 6 characters representing the bank branch.
dematerialised account for individual Indian citizens to For ex: PNBN0014976 :
trade in listed stocks or debentures. First 4 character PNBN – refers to Punjab National Bank.
Capital Adequacy Ratio (CAR): Capital adequacy ratio 0 is a control number.
measures the amount of a bank‘s capital expressed as a Last six characters (014976) represents the branch
%age of its credit exposure. Globally, the capital
adequacy ratio has been developed to ensure banks can MICR – Magnetic ink character Recognition
absorb a reasonable level of losses before becoming MICR is 9-digit numeric code that uniquely identifies a
insolvent. Indian banks are expected to maintain a bank branch participating in electronic clearing scheme.
minimum capital adequacy ratio of 9 % (Rs 9 as capital Used to identify the location of a bank branch.
for every Rs 100 in loan or asset) City (3) Bank (3) Branch (3)
It is allotted to a bank branch is printed on the MICR
IMPORTANT BANKING CONCEPTS band of cheques. MICR used for electronic credit system.
1) What is Balance of Trade?
The value of a country‘s exports minus the value of its SWIFT Code: Society for Worldwide Interbank financial
imports. Unless specified as the balance of merchandise tele-communication
trade, it normally incorporates trade in services, including India was 74th Nation to join SWIFT Network.
earnings (interest, dividends, etc.) on financial assets. SWIFT Code is a standard format of bank Identifier
2) What is Balance of Payments? code.
A list of all of a country‘s international transactions for a This code is used particularly in International transfer of
given time period, usually one year. money between banks.

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A majority of FOREX related message are sent to Narrow Banking- When banks invest its money in
correspondent banks abroad through SWIFT. Govt. securities instead investing in market to avoid
SWIFT Code consist 8 or 11 character when code is 8 risk.
digit, Offshore Banking- Bank which accept currency of all
It is referred to primary office. countries.
4 – bank code Green banking- Promoting environmental-friendly
2 – country code practices&reducing your carbon footprint from your
2 – location code banking activities.
3 – branch code (optional) Retail Banking- Retail banking refers to the division
of a bank that deals directly with retail customers.
HQ: of NATIONALIZED/PSBs BANKS Wholesale banking-Wholesale banking is the
 Allahabad Bank-Kolkata provision of services by banks to organisations such as
 Bank of India -Mumbai Mortgage Brokers, large corporate clients, mid-sized
 Bank of Maharashtra -Pune companies, sreal estate developers&investors,
 Canara Bank -Bangalore international trade finance businesses etc.
 Central Bank of India -Mumbai Universal Banking
 Corporation Bank -Mangalore R H Khan committee & recommended the concept of
 Dena Bank -Mumbai Universal Banking. It means allowing Fls& banks to
 Indian Bank- Chennai undertake all types of banking or development
 Indian Overseas Bank- Chennai financing activity, subject to compliance of
 Oriental Bank of Commerce- Gurgaon statutory&other requirements of RBI, Govt.& related
 Punjab National Bank- New Delhi legal Acts.
Islamic Banking: An Islamic bank is a deposit-taking
 Punjab & Sind Bank- New Delhi
banking institution whose scope of activities excluding
 State Bank of India- Mumbai
borrowing&lendingon the basis of interest.
 Syndicate Bank- Manipal
 UCO Bank- Kolkata
FINANCIAL INSTITUTIONS
 Union Bank of India- Mumbai
 United Bank of India- Kolkata National Bank for Agriculture&Rural Development
 Vijaya Bank- Bangalore Established on 12th July 1982 on the recommendation
 Andhra Bank- Hyderabad of CRAFICARD committee (also called as
 Bank of Baroda- Vadodra SivaramanComittee)
 IDBI Bank- Mumbai For Agricultural finance, It is the apex organization.
 IPPB- New Delhi Chairman: Dr. Harsha Kumar Bhanwala
Head Quarters: Mumbai
FINANCIAL REGULATORS Rural Infrastructure Development Fund (RIDF) is
operated by NABARD, instead in April 1995.
Chit Funds Respective State Govt.s NABARD is the "Micro-Finance Regulatory Authority"
Insurance companies IRDA
Housing Finance NHB Small Industries Development Bank of India (SIDBI)
Companies Small Industries Development Bank of India (SIDBI in
short) was established in the year 1990 (Date: 2nd
Venture Capital Fund / SEBI
April 1990) under the Small Industries Development
Merchant Banking SEBI Bank of India Act 1989 as a subsidiary of Industrial
companies Development Bank of India.
Stock broking companies SEBI Chairman- Mohammad Mustafa
Nidhi Companies Ministry of corporate Head Quarters: Lucknow
affairs, Govt. of India
Securities&Exchange Board of India (SEBI)
TYPES OF BANKING It is theregulator for the securitiesmarket in India.
Para banking- When Bank provides banking services SEBI was initiallyestablished as a non statutory body
except the general banking facility. in April 1988, to regulate theworking of stock
exchange. Later itwas given a statutory status onApril
1992 via SEBI Act, 1992with the following objectives.
Chairman- Ajay Tyagi

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Head Quarters : Mumbai (b) RBI permission is not required to undertake credit
card issue business.
REGIONAL RURAL BANK (RRB):
Regional Rural Bank Were Set Up By An Ordinance LIQUIDITY ADJUSTMENT FACILITY
In 1975, Later Replaced By Rrbs Act, 1976 As Pre Liquidity Adjustment Facility (LAF) was introduced by
Banking Commission Recommendation In 1975. RBI during June, 2000 in phases, to ensure smooth
Father Of Rrb Is M.Swaminathan. transition&keeping pace with technological upgradation.
The Govt. Of India Had Appointed A Working Tenor: Reverse Repo auctions (for absorption of liquidity)
Group On Rural Banks Under The Chairmanship Of & Repo auctions (for injection of liquidity) are conducted
Mr. M. Narasimham In 1975. First Rrbs Were Set Up on a daily basis (except Saturdays).
On 2nd Oct. Cap: 0.25% of NDTL w.e.f. 01.04.14.
Share Holder Contribution: Govt. Of India 50%
Sponsor Bank 35% State Govt. 15%. Marginal Standing Facility (MSF)
MSF was introduced w.e.f. May 09, 2011, by RBI.
EXIM BANK: Eligibility: Scheduled Commercial Banks having Current
Export-Import (EXIM) Bank of India is the principal Account & SGL Account with RBI.
financial institution in India for coordinating the Amount: 1% of NDTL
working of institutions engaged in financing
export&import trade. CLEARING CORPORATION OF INDIA
It is a statutory corporation wholly owned by the Govt. Clearing Corporation of India Limited (CCIL) was
of India. incorporated on 30th April 2001, as the country‘s first
It was established on January 1, 1982 for the purpose of clearing house for the Govt. securities, forex&other related
financing, facilitating&promoting foreign trade of market segments. It commenced operations from Feb 15,
India. 2002. It provides a system for efficient clearing of money,
Chairman- David Rasquinha Govt. securities & foreign exchange market transactions.
Headquarters : Mumbai
CollateralisedBorrowing&Lending Obligation (CBLO)
NATIONAL HOUSING BANK(NHB) CBLO, an RBI approved money market instrument, is
It is the apex institution of housing finance in India, developed by CCIL for the benefit of the entities phased
was set up as wholly owned subsidiary of RBI. out from interbank call money market or given restricted
The bank started its operations from July 1988. participation in terms of ceiling on call borrowing&
NHB is a subsidiary bank of Reserve Bank of India. lending transactions & who do not have access to the
National Housing Bank was established under section call money market.
6 of National Housing Bank Act (1987). It is a discounted instrument available in electronic book
The HQ: of NHB is in New Delhi. entry form for the maturity period ranging from 7 days
Chairman: Shri Sriram Kalyanaraman to 90 Days (can be up to one year as per RBI guidelines).

ECGC ASSET SECURITISATION


Export Credit Guarantee Corporation of India. This Securitisation of assets is an additional channel for
organisation provides risk as well as insurance cover recycling of funds by business entities including banks.
to the Indian exporters. Securitisation is process through which the future
Chairman- Geetha Muralidhar receivables (say rent, installment of a term loan due in
Head Quarters : Mumbai future) of an organization (say bank), are converted into
debt instruments (such as bonds with a fixed rate of
A brief on Financial Terms return)&then sold.
1. Cross Selling
Cross-selling stands for offering to the existing&new BANKING CODES & STANDARDS BOARD OF
customers, some additional banking products, with a INDIA
view to expand banking business, reduce the per Banking Codes & Standards Board of India (BCSBI) was
customer cost of operations&provide more set up on the lines of a similar set up in UK to oversee the
satisfaction&value to the customer. Fair Practice Code evolved by the Bankers.
2. Credit Card Business Members: The Board was set up as a Society, under the
Issue of cards Societies Registration Act, 1860. Commercial banks, RRBs
(a) Banks having net worth of Rs. 100 cr or above only & Urban Coop Banks are its members.
can undertake the credit card business.

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A Governing council of the BCSBI looks after its
financial affairs&managerial policies. The tenure of the What is PCA as per RBI? All Misconceptions Cleared
Council is 5 years&the appointment of the Council after 5 RBI clarified that the PCA framework is not intended to
years would be with the concurrence of the RBI. constrain normal operations of the banks for the general
public.
KISAN VIKAS PATRA Under RBI's supervisory framework, it uses various
KPV are regulated by KVP Rules 2014, Scheme is available measures/tools to maintain sound financial health of
through Post Offices&those banks that are authorized to banks. PCA framework is one of such supervisory tools.
operate PPF scheme. It involves monitoring of certain performance indicators
Denomination: Rs.1000, Rs.5000, Rs.10000&Rs.50000 of the banks as an early warning exercise & is initiated
Types of certificates: Category Single, Joint A-Type&Joint once such thresholds as relating to capital, asset quality
B-Type (E/S). etc. are breached.
Maturity period: 115 Months Its objective is to facilitate the banks to take corrective
Rate of Interest: 7.5%. measures including those prescribed by the Reserve
Rate of interest: Rs.1000 becomes double during the Bank, in a timely manner, in order to restore their
maturity period. financial health.
1. Nomination facility, 2. Pledge for loan facility& 3. pre- It provides an opportunity to the Reserve Bank to pay
mature payment after 2 years & 6 months subject to certain focussed attention on such banks by engaging with the
conditions, is eligible. management more closely in those areas.
The PCA framework is, thus, intended to encourage
MUDRA BANK banks to eschew certain riskier activities & focus on
MUDRA, which stands for Micro Units Development & conserving capital so that their balance sheets can
Refinance Agency Ltd, is a financial institution being set become stronger.
up by Govt. of India for development&refinancing micro
units‘ enterprises. Salient Features of revised PCA Framework for Banks
Under the aegis of Pradhan Mantri MUDRA Yojana A. Capital, asset quality & profitability continue to be the
(PMMY), MUDRA has already created its initial key areas for monitoring in the revised framework.
products/schemes. The interventions have been named B. Indicators to be tracked for Capital, asset quality &
‗Shishu‘, ‗Kishor‘&‗Tarun‘ to signify the stage of profitability would be:
growth/development&funding needs of the beneficiary a) CRAR/ Common Equity Tier I ratio
micro unit / entrepreneur&also to provide a reference CET ratio – the percentage of core equity capital, net of
point for the next phase of graduation / growth to look regulatory adjustments, to total risk weighted assets as
forward to. The financial limit for these schemes is:- defined in RBI Basel III guidelines
(a) Shishu: covering loans up to 50,000/- b) Net NPA ratio
(b) Kishor: covering loans above 50,000/-&up to 5 lakh NNPA ratio – the percentage of net NPAs to net advances
(c)Tarun: covering loans above 5 lakh to 10 lakh c) Return on Assets
ROA – the percentage of profit after tax to average total
Indian Banks' Association (IBA) assets
Indian Banks' Association (IBA) set up in 1946 with C. Leverage would be monitored additionally as part of
22 members to discuss issues of common interests. the PCA framework.
Over the years, IBA emerged as the Voice of Indian D. Breach of any risk threshold (as detailed under) would
Banking Industry. IBA adopts a consultative approach result in invocation of PCA.
to give its views on any issue pertaining to banking E. The PCA framework would apply without exception to
sector. As on December 28, 2015 the total Membership all banks operating in India including small banks &
of the Association is 237. foreign banks operating through branches or subsidiaries
Ordinary: 139 Associate: 98 Total: 237 based on breach of risk thresholds of identified indicators.
Rajeev Rishi is present Chairman of IBA & it‘s F. A bank will be placed under PCA framework based on
headquarter is in Mumbai. the audited Annual Financial Results & the Supervisory
Assessment made by RBI.
Prompt Corrective Action (PCA) Currency Quick Facts
To ensure that banks don't go bust, RBI has put in place Den. Letter Colour Motif Dimension
some trigger points to assess, monitor, control & take 50 - Fluorescent Hampi 66 mm x
corrective actions on banks which are weak & troubled. Blue with Chariot 135 mm
The process or mechanism under which such actions are 200 H Bright Sanchi Stupa 66 mm ×
taken is known as Prompt Corrective Action, or PCA. Yellow 146 mm

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GA Power Capsule for Syndicate & Canara PO Exam 2018
500 - Stone Grey Red Fort 66mm x 2000 - Magenta Mangalyaan 66mm x
150mm 166mm

Static Awareness Capsule for Syndicate & Canara Bank PO 2018

List of Schemes & Apps launched by Banks Instant money transfer – Bank of India
Airtel money – AXIS BANK + AIRTEL Kotak Bharat‘ mobile banking app ­- Kotak Mahindra
Asha Home loan – AXIS BANK Bank (KMB)
BOUTIQUE FINANCING SCHEME – State Bank of ‗Saral­ Rural Housing Loan‘ Scheme ­- ICICI Bank
India Awareness initiative ‗Dhanchayat -- HDFC Bank
Branch on Wheel – ICICI Bank in Odisha UPI App That Turns Your Smartphone into a Bank for
Chillar – HDFC Bank Easy Transfers – RBI
China‘s first online Banking ―webank‖ – Tancet SBI launches ‗State Bank of India No Queue‘ Mobile
Holdings App – State Bank of India
DDA Housing Scheme 2014 – HDFC Bank ICICI Bank launches ‗ICICI Appathon‘, a Mobile App
Digital Banking ―POCKET‖ – ICICI Bank – ICICI Bank
Digital Village Project in Akodara Village of Gujarat – Lakshmi Vilas Bank launches ‗LVB Mobile‘ app –
ICICI Bank Laxmi Vilas Bank
eforex – State Bank of India IMT APP -(Instant Money transfer ) Launched By –
E-KYC – State Bank of India State Bank Of India
EMI ON DEBIT CARD – ICICI Bank Ananya Project launched By – Syndicate Bank
E-Wallet – IRCTC Bank UcoPay wallet - UCO Bank
Facebook-based funds transfer platform ―KayPay‖ – LIME App - Axis Bank
Kotak Mahindra Bank PAYZAPP App - HDFC Bank
First home grown INDEX ―COMPOSITE INDEX‖ –
State Bank of India
I-Mobile app for windows phone – ICICI Bank
India‘s first‖ transparent credit card ―in association
with American Express – ICICI Bank
ICICI Apathon App – ICICI Bank launches ‗ICICI
Appathon‘, a Mobile App Development Challenge
India‘s first credit card exclusively for GOLF LOVERS
– RBL Bank
Instant money transfer – Bank of India
Instant Money Transfer (IMT) – Bank of India
Kisan card – AXIS BANK
Maha Millionaire‖, ―Maha Lakhpati‖ – Bank of
Maharashtra
M-Pesa – ICICI Bank+Vodafone
M-Wallet – Canara Bank
State Bank Freedom App – State Bank of India
Student Travel Card – ICICI Bank List of Union Cabinet Ministers & their Constituency
TAB BANKING FACILITY – State Bank of India
Tap & pay – ICICI Bank
Cabinet Ministers Portfolio Constituency
Twitter Handle account – State Bank of India
Shri Raj Nath Lucknow, Uttar
Video conferencing – IndusInd & federal bank Home Affairs
Singh Pradesh
Youth for India – State Bank of India
First home grown INDEX ―COMPOSITE INDEX‖ – Vidisha,
Smt. Sushma
State Bank of India External Affairs Madhya
Swaraj
I-Mobile app for windows phone – ICICI Bank Pradesh
India‘s first‖ transparent credit card ―in association Finance & Gujarat Rajaya
Shri Arun Jaitley
with American Express – ICICI Bank Corporate Affairs Sabha
India‘s first credit card exclusively for GOLF – RBL Road Transport &
Shri Nitin Jairam Nagpur,
Bank Highways
Gadkari Maharashtra
Shipping, Water

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Resources, River Earth
Development & Sciences, Environm
Ganga ent, Forest &
Rejuvenation Climate Change
Andhra Madhya
Shri Suresh Commerce & Shri Prakash Human Resource
Pradesh, Rajya Pradesh, Rajya
Prabhu Industry Javadekar Development
Sabha Sabha
Statistics & Bangalore Petroleum &
Shri D. V.
Programme North, Natural Gas
Sadananda Gowda Shri Dharmendra
Implementation Karnataka Skill Development Deogarh
Pradhan
Sushri Uma Drinking Water & Jhansi, Uttar &
Bharati Sanitation Pradesh Entrepreneurship
Consumer Affairs, Railways
Shri Ramvilas Shri Piyush Goyal Maharashtra
Food & Public Hajipuri, Bihar Coal
Paswan
Distribution Smt. Nirmala Rajya Sabha
Defence
Smt. Maneka Women & Child Pilibhit , Uttar Sitharaman Karnataka
Sanjay Gandhi Development Pradesh Shri Mukhtar
Minority Affairs Jharkhand
Chemicals & Abbas Naqvi
Bangalore
Fertilizers
Shri Ananthkumar South,
Parliamentary Important Sport Evets
Karnataka
Affairs
Law & Justice Summer Olympics Japan (2020); Paris (2024), Los
Shri Ravi Shankar Electronics & Bihar – Rajya Angles (2028)
Prasad Information Sabha Winer Olympics Pyeong Chang, South Korea
Technology (2018); Beijing China (2022)
Himachal Common Wealth Queensland, Australia (2018);
Shri Jagat Prakash Health & Family Games London (2022)
Pradesh, Rajya
Nadda Welfare
Sabha Asian Games Indonesia (2018); Hangzohu,
Shri Ashok Vizianagaram, China (2022)
Gajapathi Raju Civil Aviation Andhra FIFA Russia (2018); Qatar (2022)
Pusapati Pradesh Common Wealth Brahmas (2017); Belfast (2021)
Heavy Industries & Raigad, Youth Games
Shri Anant Geete
Public Enterprises Maharashtra Common Wealth Lima, Peru (2018)
Smt. Harsimrat Food Processing Bathinda, Weightlifting
Kaur Badal Industries Punjab Championship
Rural Development Gwalior,
Shri Narendra
Panchayati Raj Madhya Men Hockey World Cup 2018 (India)
Singh Tomar
Mines Pradesh Women Hockey World Cup 2018 (London)
Shri Chaudhary Haryana, Rajya ICC Women Cricket World 2021 (New Zealand)
Steel
Birender Singh Sabha Cup
Sundargarh, ICC Men Cricket World 2019 (England); 2023
Shri Jual Oram Tribal Affairs
Odisha Cup (India)
Purvi FIFA (Women) World Cup 2019 (France) → Dare to
Shri Radha Mohan Agriculture &
Champaran, Shine
Singh Farmers Welfare
Bihar ITTF Table Tennis World 2018 (London)
Madhya Cup
Shri Thawar Social Justice &
Pradesh, Rajya
Chand Gehlot Empowerment
Sabha Quick Facts Related to International Campaign to Abolish
Information & Nuclear Weapons (ICAN)
Smt. Smriti Zubin Gujarat, Rajya It is a coalition of non-Govt.al organizations in one
Broadcasting and
Irani Sabha hundred countries promoting adherence to &
Textiles
Dr. Harsh Science & Chandni implementation of the United Nations nuclear weapon
Vardhan Technology Chowk, Delhi ban treaty.

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ICAN began in Australia & was officially launched in Industrial Dev. Org)
Vienna, Austria in 2007. IAEA (International Atomic Energy Vienna
ICAN‘s HQ: is in Geneva, Switzerland. Beatrice Fihn is Agency)
the Executive Director of ICAN. OPEC Vienna
Amnesty International London
Venues for the upcoming Tournaments Commonwealth of Nations London
Hockey World Cup 2018 Venue: International Maritime London
1. Men‘s Hockey World Cup – India Organization
2. Women‘s Hockey World Cup - England ICJ (International Court of Justice) The Hague
Food&Agricultural Organization Rome
ICC World Cup Cricket Venue: NATO Brussels
ODI: (One day International): Transparency International Berlin
1. England - 2019 SAARC Kathmandu
2. India – 2023
ASEAN Jakarta
T20 World Cup:
APEC (Asia Pacific Economic Singapore
1. Australia - 2020.
Forum)
Organization of Islamic Jeddah
FIFA (Football) World Cup venue
Cooperation
1. 2018: Russia
2. 2022: Qatar
Revolutions in the field of agriculture in India:
Commonwealth Games venues:
Black Revolution - Petroleum Production
1. 2014 – Glasgow (Scotland).
Blue Revolution - Fish Production
2. 2018 – Gold Coast (Australia).
Brown Revolution - Leather/Non-conventional
3. 2022: Birmingham (England)
(India)/Cocoa production
Golden Fiber Revolution - Jute Production
Olympics Games venues:
Golden Revolution - Fruits/Overall Horticulture
1. 2014 winter: Sochi (Russia)
development/Honey Production
2. 2016 Summer: Rio de Janeiro (Brazil)
Green Revolution - Food grains
3. 2018 winter: Pyeongchang (South Korea)
Grey Revolution - Fertilizer
4. 2020 summer: Tokyo (Japan)
Pink Revolution - Onion production/Pharmaceutical
5. 2022 Winter: Beijing (China)
(India)/ Prawn production
6. 2024 Summer: Paris (France)
Red Revolution - Meat & Tomato Production
Round Revolution - Potato
Asian Games host cities:
Silver Fiber Revolution - Cotton
1. 2014: Incheon (South Korea) (Note: 2010 Asain Games
Silver Revolution - Egg/Poultry Production
held in Guangzhou, China).
White Revolution (In India: Operation Flood) -
2. 2018: Jakarta, Indonesia
Milk/Dairy production
3. 2022: Hangzhou, China
Yellow Revolution - Oil Seeds production
Evergreen Revolution - Overall development of
United Nations HQ:
Agriculture.
International Organizations HQ:
UNO (United Nations Org) New York
CENSUS
UNICEF New York 1) The population of the country as per the provisional
UNCTAD Geneva figures of Census 2011 is 1210.19 million of which 623.7
WHO (World Health Org) Geneva million (51.54%) are males&586.46 million (48.46%) are
ILO (International Labour Org) Geneva females.
WMO (World Meteorological Org) Geneva The major highlights of the Census 2011 (Provisional
World Intellectual Property Org Geneva figures) are as under:
International Standards Org. Geneva *The population of India has increased by more than 181
IMF Washington DC million during the decade 2001-2011.
World Bank Washington DC 2) %age growth in 2001-2011 is 17.64; males 17.19&females
UNESCO Paris 18.12.
OECD Paris
UNIDO (United Nations Vienna

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3) *Uttar Pradesh (199.5 million) is the most populous State Chairperson, IRDAI TS Vijayan
in the country followed by Maharashtra with 112 Chairperson, Press Council CK Prasad
million. of India
Some of the highlights Director General, BSF K K Sharma
Slogan - Our census, Our Future Director General, SSB Rajni Kant Mishra
India's 1st Census - 1872 Director General, CRPF Rajiv Rai Bhatnagar
2011 Census is - 15th Census Director General, ITBP RK Pachnada
Total Population - 1,21,01,93,422 Solicitor General Ranjit Kumar resigned
India's Rank in population - 2nd with 17.5% (1st China Attorney General KK Venugopal
with 19%) Chairperson, National Justice Swatantra Kumar
Most Populous State - Uttar Pradesh Green Tribunal
Least Populous State - Sikkim Director, NCERT Hrushikesh Senapaty
Most Literate State - Kerala (93.9%)
President, ASSOCHAM Sandeep Jajodia
Least Literate State - Bihar (63.82%)
Chairperson, NASSCOM Raman Roy
National Sex Ratio - Female : Male (940 : 1000)
Chairman, Press Trust of Vivek Goenka
Highest Sex Ratio (State) - Kerala (1084 : 1000)
India
Lowest Sex Ratio (State) - Haryana
Highest Sex Ratio (UT) - Puducherry
Bureaucrats
Least Sex Ratio (UT) - Damn & Dayyu (61 : 1000)
Literacy of Male - 82.14%
Designation Name
Literacy of Female - 65.46%
National Security Advisor Ajit Kumar Doval
Population Growth Rate - 17.64%
Chairman, Railway Board Ashwani Lohani
Highest fertility Rate - Meghalaya
Most literate union territory - Lakshadweep (92.2%) Director, Central Bureau of Alok Verma
Investigation (CBI)
Least literate Union Territory - Dadra Nagar & Haweli
Chief, Intelligence Bureau (IB) Rajiv Jain
Most Literate District - Serechhip (Mizoram)
Least Literate District - Dadra Naga & Haveli Chief, Research&Analysis Anil Dhasmana
Highest Density of Population - Bihar (1102 sq.km) Wing (RAW)
Lowest Density of Population - Arunachal Pradesh (17) Director General, NIA YC Modi
Total number of districts - 640
Highest Populous District - Thane (Mumbai) Important Dignitaries
100% Literacy District - Palakkad (Kerala) Post Name
100% Banking State - Kerala Chief Justice, Supreme Court Deepak Misra(45th)
100% Banking District - Palakkad (Kerala) Speaker, Lok Sabha Sumitra Mahajan
Density of Population in India - 382 sq. km Deputy Speaker, Lok Sabha M. Thambidurai
Increase in population (during 2001-2011) - 181 million Comptroller&Auditor General Rajiv Mehrishi
of India
Who‘s who? Chief Election Commissioner Om Prakash Rawat
Chairman, Union Public Service David R. Syiemlieh
Important National Officials Commission
Designation Name Deputy Chairman, Rajya Sabha PJ Kurien
Chairperson, CBDT Suhsil Chandra
Chairperson, National Nand Kumar Sai
Commission for Scheduled Tribes Important International Officials
Chairperson, UGC V.S Chauhan
Chairman, ISRO AS Kiran Kumar Designation Name
Chairman, Atomic Energy Commission Shekhar Basu Secretary-General, United Antonio Guterres
Nations Organisation
Chairperson, TRAI Ram Sevak Sharma
Managing Director, International Christine Lagarde
Chairperson, NHAI Deepak Kumar
Monetary Fund
Chairman, National Cadet Hemant M Nerurkar
President, World Bank Jim Yong Kim
Corps
Director-General, World Trade Roberto Azevedo
Chairperson, Central Anita Karwal
Organisation
Board of Secondary
Education DG, UNESCO Audrey Azoulay

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President, UN General Assembly Miroslav Lajcak Borsa Italia HQ in Milan, Italy
Director-General, WHO Tedros Adhanom London International Financial Futures&Options
Ghebreyesus Exchange (LIFFE) HQ in London, Great Britain
President, International Court of Ronny Abraham Montreal Exchange (MSE) HQ in Montreal, Canada
Justice Nordic: Baltic market (OMX) HQ in Stockholm, Sweden
President, Asian Development Takehiko Nakao Bolsa de Madrid (Madrid Stock Exchange) HQ in
Bank Madrid, Spain
President, International Olympic Thomas Bach Afghanistan Stock Exchange HQ in Kabul
Committee Chittagong Stock Exchange HQ in Chittagong
Director-General, International Yukiya Amano Royal Securities Exchange of Bhutan HQ inThimphu
Atomic Energy Agency Maldives Stock Exchange HQ in Malé
Secretary-General, NATO Jens Stoltenberg Nepal Stock Exchange HQ in Kathmandu
Secretary-General, ASEAN Lee Luang Minh Sialkot Stock Exchange HQ in Sialkot
Secretary-General, SAARC Amjad Hussain B Colombo Stock Exchange HQ in Colombo
Sial
Famous Temples in India
Secretary-General, Patricia Scotland
Badrinath Temple: Chamoli district, Uttarakhand
Commonwealth
The Konark Sun Temple: Puri district of Odisha
President, FIFA Gianni Infantino
Brihadeeswara Temple: Thanjavur city of Tamil Nadu
Chairman, International Cricket Shashank Manohar
Somnath Temple: Saurashtra (Gujarat)
Council
Kedarnath Temple: Garhwal area (Uttarakhand)
Sanchi Stupa: Raisen district of Madhya Pradesh
The 12 Major Ports are
Ramanathaswamy Temple: Tamil Nadu
Vaishno Devi Mandir: J&K, near Katra.
Port State
Siddhivinayak Temple: Prabha Devi, Mumbai
Kolkata West Bengal
Gangotri Temple: Uttarkashi district of Uttarakhand
Paradip Orissa
Golden Temple or Sri Harmandir Sahib: Amritsar
Vishakhapatnam Andhra Pradesh
Kashi Vishwanath Temple: Varanasi (Uttar Pradesh)
Chennai Tamil Nadu Lord Jagannath Temple: Puri (Orissa)
Ennore Tamil Nadu Yamunotri Temple: Uttarkashi district of Uttarakhand
Tuticorin Tamil Nadu Meenakshi Temple: Madurai (Tamil Nadu)
Cochin Kerala Amarnath Cave Temple: State of J&K
New Mangalore Karnataka Lingaraja Temple: Orissa
Mormugao Goa Tirupati Balaji: Tirumala (Andhra Pradesh)
Jawaharlal Nehru Maharashtra Kanchipuram Temples: Tamil Nadu
Mumbai Maharashtra Khajuraho Temple: Madhya Pradesh
Kandla Gujarat Virupaksha Temple: Hampi, Bellary, Karnataka
Akshardham Temple: Delhi
Stock Exchanges around the World Shri Digambar Jain Lal Mandir: Oldest Jain temple in
New York Stock Exchange (NYSE): HQ in New York Delhi
City Gomateshwara Temple: Shravanabelagola town of
NASDAQ OMX: HQ in New York City. Karnataka
Tokyo Stock Exchange: HQ in Tokyo Ranakpur Temple: Pali district of Rajasthan
London Stock Exchange: HQ in London. Shirdi Sai Baba Temple: Shirdi town of Maharashtra
Shanghai Stock Exchange: HQ in Shanghai. Sree Padmanabhaswamy Temple :
Hong Kong Stock Exchange: HQ in Hong Kong. Thiruvananthapuram, the capital city of Kerala
Toronto Stock Exchange: HQ in Toronto. Dwarkadhish Temple: Dwarka city (Gujarat)
BM&F Bovespa: HQ in Sao Paul Laxminarayan Temple: In Delhi
Australian Securities Exchange: HQ in Sydney
Deutsche Börse: HQ in Frankfurt. IMPORTANT AIRPORTS IN INDIA
Taiwan Stock Exchange – HQ in the city of Taipei
JSE Limited HQ in Johannesburg, South Africa. Airport City State/UT
American Stock Exchange (AMEX) HQ in New York, Kempegowda Bangalore Karnataka
USA International

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Airport Zaruki Shillong Meghalaya
Netaji Subhash Kolkata West Bengal International
Chandra Bose Airport
International Daporijo Airport Daporijo Arunachal
Airport Pradesh
Rajiv Gandhi Hyderabad Telangana Tezu Airport Tezu Arunachal
International Pradesh
Airport Kandla Airport Kandla Gujarat
Sardar Vallabhbhai Ahmedabad Gujarat Sonari Airport Jamshedpur Jharkhand
Patel International Birsa Munda Ranchi Jharkhand
Airport Airport
Chaudhary Charan Lucknow Uttar Pradesh Agatti Aerodrome Agatti Lakshadweep
Singh International
Airport
BOUNDARY LINES
Lokpriya Gopinath Guwahati Assam
Durand Line: Afghanistan & Pakistan
Bordoloi
Hindenburg Line: Germany & Poland.
International
Mason-dixon Line: Line of demarcation between four
Airport
states in the United States.
Srinagar Airport Srinagar J&K
Mannerheim Line: Russia-Finland border.
Biju Patnaik Bhubaneswar Odisha
Macmahon Line: India & China
International
Medicine Line: Canada & the United States.
Airport
Order-neisse Line: Poland & Germany
Visakhapatnam Visakhapatna Andhra Pradesh
Airport Radcliffe Line: India & Pakistan.
m
Siegfried Line: Germany on its border with France.
Devi Ahilyabai Indore Madhya Pradesh
17th Parallel: North Vietnam & South Vietnam
Holkar Airport
26th Parallel south: Africa, Australia & South America.
Dr. Babasaheb Nagpur Maharashtra
Ambedkar 30TH PARALLEL Equator & the North Pole.
International 38th Parallel: Separates North Korea&South Korea.
Airport 39th Parallel north is an imaginary circle of latitude that
Lok Nayak Patna Bihar is 39 degrees north of the Earth‘s equatorial plane.
Jayaprakash 40th Parallel north: formed the original northern
Airport boundary of the British Colony of Maryland.
Sri Guru Ram Dass Amritsar Punjab 42nd Parallel north: New York - Pennsylania Border.
Jee International The Parallel 440 north is an imaginary circle of latitude
Airport that is 44 degrees north of the Earth‘s equatorial plane.
Swami Raipur Chhattisgarh 45th Parallel north is often called the halfway point
Vivekananda between the Equator&the North Pole.
Airport 45th parallel makes up most of the boundary between
Bagdogra Airport Bagdogra West Bengal Montana&Wyoming.
Veer Savarkar Port Blair andaman&Nicoba 49th Parallel is the boundary between USA&Canada
International r Islands
Airport IMPORTANT DAMS IN INDIA
Birsa Munda Ranchi Jharkhand
Airport Dam River State
Maharana Pratap Udaipur Rajasthan Tehri Dam Bhagirathi Uttarakhand
Airport Lakhwar Dam Yamuna Uttarakhand
Raja Bhoj Bhopal Madhya Pradesh Idukki (Eb)/Idukki Periyar Kerala
International Arch Dam
Airport Bhakra Dam Satluj Himachal
Jolly Grant Airport Dehradun Uttrakhand Pradesh
Rajahmundry Rajahmundry Andhra Pradesh
Pakal Dul Dam Marusudar J&K
Airport
Sardar Sarover Narmada Gujarat
Silchar Airport Silchar Assam
Gujarat Dam
Lengpui Airport Aizwal Mizoram
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Srisailam Krishna Andhra Pradesh Folk dances in India
(N.S.R.S.P) Dam Gaur dance: Folk dance of Madhya Pradesh
Ranjit Sagar Dam Ravi Punjab Bihu: Folk dance of Assam
Baglihar Dam CHENAB J&K Dumhal: Popular dance of Kashmir
Pong Dam Beas Himachal Padayani: Southern Kerala.
Pradesh Dollu Kunitha: Karnataka state.
Nagarjuna Sagar Krishna Telangana Dandiya: Popular folk dance of Gujarat.
Dam Bathukamma: Flower & Cultural Festival of Telangana
Salal (Rockfill& Chenab J&K Changu: Odissa & Andhra Pradesh.
Concrete) Dam Dhaman: Punjab & Andhra Pradesh
Supa Dam Gair: Rajasthan
Kali Nadi Karnataka
Garba: Gujarat
Koteshwar Dam Bhagirathi Uttarakhand
Gatka: Punjab
Rihand Dam Rihand Uttar Pradesh
Karagam: Tamil Nadu.
Indira Sagar Narmada Madhya Pradesh Raas: Gujarat
(NHDC) Dam Dumhal: A folk dance of Kashmir.
Pillur Dam Bhavani Tamil Nadu Chau: Orissa, Bihar & West Bengal
Madupetty (Eb) Palar Kerala
Dam
Parbati II Dam Parbati Himachal
Pradesh
Chakra Dam Chakra Karnataka
Ukai Dam Tapi Gujarat

CLASSICAL DANCES&FOLK DANCES IN INDIA

Indian Classical Dances


Bharatnatyam: Tamil Nadu & Karnataka
Kathak: North India
Kathakali: Kerala.
Kuchipudi: Andhra Pradesh.
Manipuri: Manipur
Mohiniattam: Kerala.
Odissi: Orissa state.
Gaudiya Nritya: West Bengal
Sattriya: Assam
Ghoomar: Rajasthan
Thang Ta: Manipur

IMPORTANT DAYS
Important Days: April Important Days: October
2 April - World Autism Awareness Day First Monday of October-World Habitat Day
5 April - National Maritime Day 5th October- World Teachers Day
7 April - World Health Day 9th October- World Post Day
10 April - World Homoeopathy Day 10th October- World Mental Health Day
11 April - National Safe Motherhood Day 11th October- International Day of the Girl Child
18 April - World Heritage Day 13th October- International Day for Disaster Reduction
22 April - World Earth Day 15th October- International Day of Rural Women
24 April - National Panchayati Day 16th October- World Food Day
25 April - World Malaria Day 17th October- International Day for Eradication of Poverty
26 April - World Intellectual Property Day 21st October- Police Commemoration Day
29 April - International Dance Day 24th October- United Nations Day, World Polio Day,
Important Days: May 31st October- Rashtriya Ekta Diwas (National Unity Day)
1 May - International Labours day

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2 May - World Asthma Day
3 May - Press Freedom Day
8 May - World Red Cross Day Important Days: November
11 May - National Technology Day 9 Nov: World Legal Services Day
17 May - International Telecommunication Day 10 Nov: World Immunization Day
22 May - International Day for Biological Diversity 12 Nov: World Pneumonia Day
24 May - Commonwealth Day 16 Nov: International Day for Tolerance
31 May - Anti Tobacco Day 17th Nov: International Students Day
19 Nov: International Journalist‘s Remembrance Day
Important Days: June 20th Nov: Universal Children‘s Day
4th June: World Day of Innocent Children Victims of 21st Nov: World Television Day, World Fisheries Day
Aggression 25th Nov: International Day for the Elimination of
5th June: World Environment Day Violence against Women
8 June: World Oceans Day 26th Nov: National Law Day (India)
12 June: World Day Against Child Labor
14th June: World Blood Donor Day
15th June: World Elder Abuse Awareness Day Important Days: December
3rd Sunday of June: World Father's Day 1st Dec: World Aids Day
21st June: International Yoga Day 2nd Dec: International Day for the Abolition of Slavery
23rd June: International Olympic Day 4th Dec: Indian Navy Day
26th June: International Day against Drug Abuse & Illicit 7th Dec: Indian Armed Force Flag Day, International Civil
Trafficking Aviation Day
9th Dec: International Day against Corruption
Important Days: January 10th Dec: Human Rights Day
4th Jan: International World Braille Day 14th Dec: National Energy Conservation Day (India)
9th Jan: NRI Day 18th Dec: International Migrants Day
10th Jan: World Laughter Day 23rd Dec: Farmers Day (India)
12th Jan: National youth day (India) 29th Dec: International Biodiversity Day
15th Jan: Army Day (India)
24th Jan: National Girl child day (India)
25th Jan: Tourism Day & National Voters Day (India)
Important Days: March
Important Days: February 8 Mar: International Women‘s Day
2nd Feb: World Wetlands Day 15 Mar: World Consumer Rights Day, World Disabled
Day
4th Feb: World Cancer Awareness Day 16 Mar: National Vaccination Day
21st Feb: International Mother Language Day World Forestry Day: 21Mar
23th Feb: World Peace & Understanding Day World Day for Water: 22Mar
28th Feb: National Science Day (India) World TB Day: 24 Mar

Nick Names of Important Indian Places Twin City: Hyderabad, Secunderabad


City Of Festivals Madurai
Nick Names City Deccan Queen Pune
Golden City Amritsar City Of Buildings Kolkata
Manchester Of India Ahmedabad Dakshin Ganga Godavari
City Of Seven Islands Mumbai Old Ganga Godavari
Queen Of Arabian Sea Cochin Egg Bowls Of Asia Andhra Pradesh
Space City Bangalore Soya Region Madhya Pradesh
Garden City Of India Bangalore Manchester Of The South Coimbatore
Silicon Valley Of India Bangalore City Of Nawabs Lucknow
Electronic City Of India Bangalore Venice Of The East Cochin
Pink City Jaipur Sorrow Of Bengal Damodar River
Gateway Of India Mumbai Sorrow Of Bihar Kosi River

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Blue Mountains Nilgiri SLINEX: Joint exercise in Navy between India&Sri
Queen Of The Mountains Mussoorie (Uttarakhand) Lanka
Sacred River Ganga Sahyog-Kaijin -Joint exercise of Coast Guards of
Hollywood Of India Mumbai India&Japan
City Of Castles Kolkata Malabar: India&US
Yudh Abhyas: India&US
State Of Five Rivers Punjab
Red flag: India&US
City Of Weavers Panipat
Cope: India&US
City Of Lakes Srinagar SAMPRITI – India&Bangladesh
Steel City Of India Jamshedpur (Called
Tatanagar) Stadiums Around the World
City Of Temples Varanasi
Manchester Of The North Kanpur Stadiums in Australia
City Of Rallies New Delhi Adelaide Oval- Adelaide
Heaven Of India J&K Bundaberg Rum Stadium- Cairns
Boston Of India Ahmedabad Telstra Dome- Melbourne
Garden Of Spices Of India Kerala Manuka Oval- Canberra
Switzerland Of India Kashmir Marrara Cricket Ground- Darwin
Melbourne Cricket Ground- Melbourne
Abode Of The God Prayag(Allahabad)
Sydney Cricket Ground- Sydney
Pittsburg Of India Jamshedpur
W.A.C.A. Ground- Perth

Stadiums in Bangladesh
Bangabandhu National Stadium- Dhaka
Chittagong Stadium- Chittagong

Stadiums in England
Edgbaston- Birmingham
Headingley- Leeds
Lord's- London
Old Trafford- Manchester
Sophia Gardens- Cardiff
St Lawrence Ground- Canterbury
Important Defence Exercise Conducted in the World
The Brit Oval- London
Garuda: India-France
Trent Bridge- Nottingham
HAND-HAND: India-China
Indra: India-Russia
Stadiums in India
Jimex: India-Japan Barabati Stadium -Cuttack
Malbar: Us-India-Japan Barkatullah Khan Stadium -Jodhpur
Shade: Naval Forces Of India, Japan&China Barsapara Cricket Stadium: Guwahati
Surya Kiran: India&Nepal Greenfield International Stadium:
Varuna: France&India Thiruvananthapuram
Simbex: Indian Navy With Republic Of Singapore Brabourne Stadium -Mumbai
Navy Eden Gardens -Kolkata
Ibsamar: India with Brazil&South African Navy Feroz Shah Kotla -Delhi
Konkan: Indian Navy&Royal Navy Of Britain Gandhi Stadium -Jalandhar
Ausindex: Indian&Australian Navy Green Park -Kanpur
Indradhanush Or Rainbow: India-Uk Air Exercises Indira Gandhi Stadium -Vijayawada
Nomadic Elephant: Indian Army Exercises with Rajiv Gandhi Port Silver Jubilee Stadium -
Mongolia Visakhapatnam
Ekuverin: Maldives&India Jawaharlal Nehru Stadium -New Delhi
Garuda Shakti: India&Indonesia Lal Bahadur Shastri Stadium -Hyderabad
Mitra Shakti: India-Sri Lanka M.Chinnaswamy Stadium -Bangalore
Naseem Al-Bahr: India-Oman MA Chidambaram Stadium -Chennai
Madhavrao Scindia Cricket Ground -Rajkot
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Moin-ul-Haq Stadium -Patna
Sardar Vallabhai Patel Motera Stadium -Ahmedabad
Sawai Mansingh Stadium -Jaipur
Vidarbha CA Ground -Nagpur
Wankhede Stadium –Mumbai
Jawaharlal Nehru Stadium: Kochi (Kerala)
Dr. Bhupen Hazarika Cricket Stadium: Guwahati
(Assam)
Dhyan Chand National Stadium: Delhi

Stadiums in New Zealand


Basin Reserve-Wellington
Eden Park-Auckland
Jade Stadium-Christchurch
John Davies Oval-Queenstown
McLean Park-Napier

Stadiums in Pakistan
Arbab Niaz Stadium-Peshawar
Ayub National Stadium-Quetta
Gaddafi Stadium-Lahore

Stadiums in South Africa


Kingsmead-Durban
New Wanderers Stadium-Johannesburg
Newlands-Cape Town
St George's Park-Port Elizabeth
Centurion Super Sport Park-Pretoria

Stadium in Sri Lanka


Colombo Cricket Club Ground-Colombo
Galle International Stadium-Galle
P.Saravanamuttu Stadium-Colombo
R.Premadasa Stadium-Colombo
Sinhalese Sports Club Ground-Colombo

Stadiums in West Indies


Sabina Park Kingston-Jamaica
Antigua Recreation Ground St John's-Antigua
Guyana Cricket Stadium Georgetown-Guyana
Kensington Oval Bridgetown-Barbados
Mindoo Phillip Park Castries-St Lucia
Albion Sports Complex Berbice-Guyana

Stadiums in Zimbabwe
Bulawayo Athletic Club-Bulawayo
Harare Sports Club-Harare
Kwekwe Sports Club-Kwekwe
Queens Sports Club-Bulawayo

Stadiums in United Arab Emirates


Sheikh Zayed Stadium-Abu Dhabi
Sharjah Cricket Stadium-Sharjah

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