GK Power Capsule – November 2014 (The Hindu Review)

This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This has been
prepared on the basis of news and events appeared in The Hindu Newspaper in the month of November 2014.

1. New Ministers – 10. Tamil superstar Rajinikanth was honoured with

(1) Manohar Parrikar - Defence Ministry the centenary award for Indian Film Personality
(2) Suresh Prabhu - Railways Ministry of the year 2014 at the 45th International Film
(3) Jagat Prakash Nadda - Health Ministry Festival of India.
(4) Chaudhary Birender Singh - Rural
Development Minister
(5) Bandaru Dattatreya – Labour
(6) Rajiv Pratap Rudy - Skill Development
(7) Dr. Mahesh Sharma – Tourism
2. Sutirtha Bhattacharya will be the new Chairman
and Managing Director of Coal India Limited.
3. Bollywood Actor Farhan Akhtar was appointed
as UN Women Goodwill Ambassador for South
Asia. Farhan is the first male ever to be chosen
as a Goodwill Ambassador in the organization’s
history.
4. Former Indian Police Service Officer K C Reddy
was appointed as the member of United Nations
probe panel on Gaza.
5. The Union Government appointed GS Sandhu as
Chairman of National Chemical Weapon
Convention.
6. Senior IRS officer Anita Kapur was appointed as
the new chairperson of the Central Board of
Direct Taxes.
7. The Italian physicist Fabiola Gianotti was
appointed as first woman chief of CERN particle
physics research centre.
8. Rajiv Mehrishi took charge as Union Finance
Secretary under the Union Ministry of Finance. 11. Chintan, a non-government organisation was
He succeeded Arvind Mayaram. conferred the Deutsche Bank Urban Age
9. Former Indian cricket captain Dilip Vengsarkar Award, 2014.
received the prestigious BCCI-instituted Colonel 12. Steel Authority of India Chairman CS Verma was
C K Nayudu Lifetime achievement award. conferred with the IIM- JRD Tata Award for
Excellence in Corporate leadership in
Metallurgical Industries for the year 2014.
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13. Veteran classical vocalist Pandit Jasraj was
conferred with the Sumitra Charat Ram Award
2014 for Lifetime Achievement.
14. Neha Gupta was awarded with the prestigious
International Children’s Peace Prize 2014.
15. The Indian Space Research Organisation was
chosen for the Indira Gandhi Prize for Peace,
Disarmament and Development for 2014.
16. Radio Kashmir Jammu won prestigious
Gandhian Philosophy and Public Service
Broadcasting award 2014 for its programme
Jeevan Rekha.
17. President Pranab Mukherjee conferred the 49th
Jnanpith Award on eminent Hindi poet
Kedarnath Singh.
18. The Darjeeling Zoo or the Padmaja Naidu
Himalayan Zoological Park was selected for the
prestigious International Award The Earth
Heroes Award 2014.
19. The Hockey India chief Narinder Batra was
awarded the prestigious President's Award by
the International Hockey Federation at
Morocco.
20. Former Prime Minister of India Manmohan
Singh received the Japan’s top national award
The Grand Cordon of the Order of the Paulownia
Flowers 2014.
21. The US President Barack Obama will be the Chief
Guest at 66th India’s Republic Day celebrations
2015. He will be the first US President to attend
the Republic Day Parade of India.
22. Supreme Court directed CBI Director Ranjit
Sinha to withdraw himself from 2G case and
asked CBI chief not to interfere in the ongoing
2G probe.
23. Neel Mukherjee was in news because his
book Lives of Others was shortlisted for Costa
Book Awards.
24. Rampal Singh Jatin was in news because he was
arrested by Haryana Police on 19 November
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2014 from his fortified Satlok Ashram in Hisar of
Haryana.
25. Union Government nominated Dr. Hasmukh
Adhia as a Director on the Central Board of
Directors of the Reserve Bank of India.
26. US Navy SEAL commando Robert O’Neill who
shot Osama bin Laden at his Pakistan hideout in
Abbottobad on 2 May 2011 revealed his identity.
27. Indian-American Nikki Haley won second term
as South Carolina Governor.
28. Mallikarjun Kharge, a leader of Congress in Lok
Sabha was inducted into the three-member Chief
Information Commissioner selection committee.
29. Prime Minister Narendra Modi visited to Fiji. He
is the first Indian Prime Minister to visit the
Pacific countries after Indira Gandhi who visited
in 1981.
30. Prime Minister Narendra Modi visited Australia
as part of G-20 summit and bilateral summit
with Australia. He became the first Indian Prime
Minister to address the Australian Parliament.
He also addressed the Indian diasporas in
Australia.
31. Union Home Minister Rajnath Singh visited
Israel to discuss bilateral issues including
strengthening security ties and fight against
terror.
32. President Pranab Mukherjee visited Bhutan.
During his visit, the two countries signed a
Memorandum of Understanding (MoU) on
Nalanda University.
33. Oscar award winner Mike Nichols died.
34. Legendary Kathak danseuse Sitara Devi died.
35. Senior Congress leader and former Union
Minister Murli Deora died after a prolonged
illness.
36. Mathematician Alexander Grothendieck died in
France.
37. Goa Chief Minister Manohar Gopalkrishna
Prabhu Parrikar resigned to take up the post of
Defence minister in the Union Cabinet.
38. Baiji in Iraq was in news because Iraqi
authorities claimed that Government forces have
recaptured the strategic northern town of Baiji
from Islamic State for Iraq and Syria (ISIS)
militants.
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39. Prime Minister Narendra Modi adopted Jayapur
village in Varanasi under Saansad Adarsh Gram
Yojana (SAGY).
40. Anbar in Iraq was in news because of massacre
of 322 people of Iraqi Al-Bu Nimr tribe by ISIS
militant group.
41. Wagah border was in news due to suicide bomb
blast that occurred in Pakistani side. The blast
claimed lives of at least 61 people including 11
women and three security personnel.
42. Child Rights and You (CRY) launched Project
Unlearn with an aim to end child labour and
encourage children to go to school on 14
November 2014 on eve of Children’s Day.
43. Mumbai recorded 16.4 million internet users
surpassing Delhi and Kolkata. Delhi recorded
12.15 million internet users and Kolkata
recorded 6.27 million internet users.
44. 12th ASEAN-India Summit was held in Nay Pyi
Taw, Myanmar. The summit was held on the
sidelines of 25th ASEAN Summit. The Next
ASEAN-India Summit will be held in Cambodia
in 2015.
45. 9th East Asia Summit was held in Nay Pyi Taw,
Myanmar. The summit was held on the sidelines
of the 25th ASEAN Summit.
46. 83rd Interpol General Assembly was held at
Grimaldi Forum in Monaco.
47. 25th Association of Southeast Asian Nations
Summit was held in Nay Pyi Taw, Myanmar.
Myanmar chaired the ASEAN summit for the
first time.
48. 9th G-20 Summit of major economies was held in
Brisbane, Australia. The summit focused on
promoting economic growth and set the target
of boosting global growth by 2 percent in five
years. The next summit will be hosted by Turkey
in Antalya on 10 November 2015.
49. The International Buddhist Conference 2014
was held in Lumbini, Nepal.
50. 7th Summit on the Global Agenda was held in
UAE. The Summit on the Global Agenda for the
year 2014 was organized by the World
Economic Forum in collaboration with the
Government of the United Arab Emirates and
Government of Dubai.
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51. 22nd Asia-Pacific
Economic
Cooperation
Summit was held
in Beijing,
China. The summit
was held under the
theme of Shaping
the Future through
Asia-Pacific
Partnership. The
next APEC Summit
will be held in
Philippines in 2015.
52. The World Economic Forum in partnership with
the Confederation of Indian Industry hosted the
India Economic Summit in New Delhi.
53. 6th World Ayurveda Congress (WAC) was held in
New Delhi.
54. India-Russia Inter-Governmental Commission
on Trade, Economic, Scientific, Technological
and Cultural Cooperation (IRIGC-TEC) was held
in New Delhi. The next session of the IRIGC-TEC
will be held in Moscow in 2015.
55. International Counter-Piracy Conference was
held in Dubai.
56. Prasar Bharti announced to re-launch DD
National with new tagline Doordarshan National
– Desh Ka Apna Channel.
57. Mithra Shakthi exercise: three week mock war
drill between Special Forces of Indian and Sri
Lankan Army.
58. A Torpedo Recovery Vessel, TRV-72 of Indian
Navy sank off the Visakhapatnam coast during a
naval exercise.
59. Sachin Tendulkar’s autobiography Playing It My
Way was launched.
60. Akash surface-to-air missile was test fired by the
Indian Air Force from Integrated Test Range at
Chandipur near Balasore, Odisha. The missile is
a medium range surface-to-air anti-aircraft
defence system with a strike range of 25 km.
61. 4th India-China Joint Training Exercise Hand-in-
Hand 2014 began at Aundh Military Station in
Pune, Maharashtra.
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62. Surface-to-surface nuclear-capable Dhanush
ballistic missile was test-fired from a naval ship
off the Odisha coast with strike range of 350
kilometer.
63. Prithvi-II surface-to-surface missile was test-
fired at Chandipur, Odisha. Prithvi-II was
developed indigenously which is nuclear-
capable and has a strike range of 350 km.
64. India test fired nuclear-capable Agni-II strategic
ballistic missile with a range of 2000 Km. It was
conducted from Wheeler Island, Odisha.
65. President Pranab Mukherjee inaugurated India
International Trade Fair 2014 at Pragati Maidan
in New Delhi. Partner country of the trade fair is
South Africa. Focus Country of the fair is
Thailand while the focus state is Delhi.
66. Deepak Gupta was appointed as chairman of
Union Public Service Commission. He replaced
Rajni Razdan.
67. 18th SAARC summit will be held in Kathmandu,
Nepal. Last summit was held in 2011 in
Maldives.
68. Securities Exchange Board of India on
announced to de-recognise Delhi Stock Exchange
(DSE) on the allegations of serious irregularities
in its functioning.
69. Railways, one of the biggest consumers of
energy, is moving towards harnessing green
power with a 26 MW windmill proposed to be
built in Rajasthan.
70. Klaus Iohannis won Romanian Presidential
elections.
71. Kerala and Goa have become first states in the
country with every household having at least
one bank account. In addition, Goa, Chandigarh,
Puducherry and Lakshadweep and three
districts of Gujarat- Porbandar, Mehasana,
Gandhi Nagar, have also covered all households
under PMJDY with at least one bank account.
72. Ratan Tata has been appointed to the board of
Interpol Foundation.
73. BJP government headed by Devendra Fadnavis
won the confidence motion in Maharashtra
assembly by a voice vote.
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74. Prime Minister Narendra Modi has made his
Instagram debut with a picture of the venue of
the 25th ASEAN Summit.
75. Union Home Minister and Lucknow MP Rajnath
Singh has adopted Beti village in the district
under the Pradhan Mantri Adarsh Gram Yojna.
76. The European Parliament is preparing a non-
binding resolution that proposes splitting
Google Inc’s search engine operations in Europe
from the rest of its business as one possible
option to rein in the Internet company’s
dominance in the search market.
77. The Defence Acquisition Council (DAC) cleared
the decks for the Indian army’s proposal for 814
155mm/52 calibre mounted guns systems
(MGS), at a cost of R15,750 crore ($2.55 billion)
78. Additional Director R K Dutta will now head
the CBI probe in the 2G spectrum scam after the
Supreme Court directed the agency Chief Ranjit
Sinha to recuse from the investigation.
79. The work on the much-talked about
Turkmenistan– Afghanistan–Pakistan–India
pipeline (TAPI) would start in 2015. The
steering committee meeting for the cross-
country pipeline was held at Ashgabat in
Turkmenistan.
80. India has the potential to achieve 9 per cent
growth rate and become a USD 10 trillion
economy by 2034 on the back of concerted
efforts by the corporate sector and a
constructive role played by the government, a
PwC report said.
81. Indian government is targeting up to $1 billion
of private investment by 2017 to build rail lines
linking ports and national networks to ease
growing congestion, which has delayed coal
imports for power plants and contributed to a
power supply crisis.
82. India’s financial capital Mumbai is among the
world’s most attractive cities in terms of
professional and private life in a list topped by
Dubai and followed by Amsterdam. London
ranked 10 and Paris 11. Mumbai, which ranked
13, is the only Indian city to appear in the list of
15 best cities worldwide.
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83. Switzerland agreed to join the global framework
that allows automatic exchange of tax
information.
84. India is set to surpass the United States to
become the world’s second-largest internet user
base by December this year, next only to China, a
report by the Internet and Mobile Association of
India (IAMAI) and IMRB International said. The
IAMAI report stated that India had 159 million
mobile internet users in October, a figure that is
estimated to reach 173 million by the end of
December.
85. India is likely to grow at 5.4 per cent this fiscal,
the OECD has said in its Economic Survey of
India.
86. Government relaunched Kisan Vikas Patra.
Finance minister Arun Jaitley said the KVP
would help poor, gullible investors to channelise
their savings towards a trusted government
scheme instead of some ponzi schemes. KVP
would be a bearer instrument without name of
the holder. KVP will be available in the
denomination of R1,000, R5,000, R10,000 and
R50,000. It has no upper ceiling for investment
and can be encashed after a lock-in period of 30 by over USD 2 trillion over next five years by
months. Amount invested in KVP would be investing in infrastructure and increasing trade,
doubled in 100 months. The KVP certificates aimed at boosting the global recovery amid
will be sold through post offices initially, but geopolitical tensions.
they will later on be made available to the 90. Indian Railways has identified toilets as one of
investing public through designated branches of the 17 special areas where 100 per cent FDI can
nationalised banks. However, there won’t be any bring about major investments. Earlier, the
tax benefit for investment in KVP. government had relaxed the FDI norms
87. With 356 million 10-24 year-olds, India has the permitting 100 per cent investment in rail
world’s largest youth population despite having projects, such as high-speed trains, suburban
a smaller population than China, a latest UN service, dedicated freight corridors, freight and
report said. China is second with 269 million passenger terminals.
young people, followed by Indonesia (67 91. Government fixed the subsidy for domestic LPG
million), the US (65 million) and Pakistan (59 at Rs 40 per kg (or Rs 568 per cylinder of 14.2
million), Nigeria with 57 million, Brazil with 51 kg) to be shared between government and
million, and Bangladesh with 48 million. public sector oil companies. However, the Prime
88. The G20 leaders committed to put in place a Minister’s Office also decided to keep the
mechanism for automatic exchange of tax consumer price unchanged during the current
information between member countries by fiscal year ending March 2015 after which the
2017. deliverable price could vary with the change in
89. Leaders of the world’s 20 developed and international price. Any variations in
emerging economies vowed to boost global GDP procurement price of LPG by oil marketing
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 companies (OMCs) will be adjusted through
fixed compensation of Rs 20 per kg by the
government and the balance Rs 20 per kg by oil
companies.
92. Asia Pacific countries agreed to cooperate on the
extradition of corrupt officials, enhance asset
recovery efforts and establish an anti-corruption
transparency network to share intelligence on
graft. The network, called the APEC Network of
Anti-Corruption Authorities and Law
Enforcement Agencies (ACT-NET), is the first
such network that members of the Asia-Pacific
Economic Cooperation group had worked to set
up.
93. Finance Minister Arun Jaitley said the
government is planning to bring down its stake
in public sector banks to 52 per cent so as to
meet Rs 3 lakh crore capital requirement.
94. Arundhati Bhattacharya, the Chairperson of
country’s largest bank State Bank of India (SBI),
has been named as the most-powerful woman in
business in India by Fortune Magazine. ICICI
Bank’s Chanda Kochhar and Shikha Sharma of
Axis Bank follow Bhattacharya at the second and
the third place respectively.
95. Prime Minister Narendra Modi made his debut
among the world’s most powerful people,
ranked 15th on the Forbes list topped by
Russian President Vladimir Putin who pipped
his US counterpart Barack Obama for a second
year in a row. The list of 72 most powerful
people in the world also included the names of
Reliance Industries Chairman Mukesh Ambani at
36th, ArcelorMittal Chairman and CEO Lakshmi
Mittal at 57th and Microsoft’s Indian-born CEO
Satya Nadella at 64th.
96. Prime Minister Narendra Modi re-constituted a
high-level climate panel and dropped well-
known environmentalist Sunita Narain and top
industry leader Ratan Tata from the council.
TERI chairperson R K Pachauri, economist Nitin
Desai and retired diplomat Chandrasekhar
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Dasgupta were retained by Modi as non-
government members.
97. Modi announced the operationalisation of
the $100 million line of credit for Vietnam’s
defence purchases.
98. Union Tribal Welfare Minister Jual Oram
launched the Vanbandhu Kalyan Yojana
(VKY), aimed at improving the infrastructure
and human development indices of the tribal
population.
99. Hong Kong democracy activists marked one
month of mass protests by unfurling a sea of
umbrellas as student leaders called for direct
talks with Beijing officials, the first time such a
request has been made.
100. Japanese company SoftBank, kick-starting its
plans to put in about $10 billion in India
announced investments in home-grown market
place Snapdeal and popular mobile app for cab
bookings Ola.
101. BSE is planning to make a foray into commodity
exchange business, now dominated by Multi
Commodity Exchange (MCX) and NCDEX.
102. The governments of India and Russia have
agreed that BrahMos missile will be exported
to a list of mutually agreeable countries for
defensive purposes.
103. India ranked 142 among the 189 countries
surveyed for the latest World Bank’s “Ease of
Doing Business” report released, a drop by two
places from the last year’s ranking, as Singapore
topped the list.
104. Minimum support price of wheat has been hiked
from Rs. 1,400 to Rs. 1,450. The prices have
been decided by the Commission for Agricultural
Costs and Prices.
105. The Uttar Pradesh government signed
memorandum of understanding with five firms
for construction of the Rs.15,000-crore
Lucknow-Agra Expressway.
106. Union government submitted, in a sealed cover,
a list of 627 Indians holding black money abroad
in Supreme Court.
107. Moody’s Investors Service said its outlook on
India’s banking system was negative. Moody’s
base-case forecast is for GDP growth of 5 per
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 cent for the fiscal year ending March, 2015, and
5.6 per cent for 2015-16.
108. Prime Minister Narendra Modi approved the
signing of a memorandum of understanding with
Mozambique for cooperation in the field of oil
and gas.
109. The Colombo High Court awarded the death
sentence to five Tamil Nadu fishermen arrested
by the Sri Lankan Navy in November 2011 on
drug trafficking charges.
110. The Home Ministry is learnt to have decided to
give Rs. 5 lakh additional compensation per head
to the families of 3,325 people killed in the 1984
anti-Sikh violence.
111. Sweden officially recognised the state of
Palestine, becoming the first western European
Union member to do so.
112. The Reserve Bank of India has raised the limit
for urban co-operative banks (UCBs) to sanction
loan against gold collateral to Rs.2 lakh from
Rs.1 lakh at present.
113. Education Ministers and officials of eight SAARC
countries have resolved to collaborate on
increased use of information technology and
improving the quality of education.
114. According to RBI’s new guidelines that come
into force from 1st November 2014, bank
customers in six metros —Delhi, Mumbai,
Chennai, Kolkata, Hyderabad and Bangalore —
are allowed to withdraw money and/or carry
out non-financial transactions like mini-
statements at ATMs of banks, where they hold
saving/current accounts, free of charge only five
times a month. Every transaction beyond this
threshold will be charged Rs.20 per use. Besides,
the number of free transactions at ATMs of non-
home banks has been cut to three times a month
from five times. The RBI, however, clarified that
nothing precludes a bank from offering more
than three free transactions at other bank ATMs
to its account holders if it so desires. The cap in
the number of free ATM transactions will not
apply on small/no-frills or basic savings bank
deposit account holders who will continue to
enjoy five free transactions.
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115. Under pressure
from India over the
safety of United
Nations
Peacekeeping
forces, U.N.
Secretary-General
Ban Ki-moon has
set up a 14-member
panel, including an
Indian to review
peacekeeping
operations
worldwide. The
panel is headed by Jose Ramos-Horta.
116. The Spanish government has successfully
passed a new copyright law which imposes fees
for online content aggregators such as Google
News, in an effort to protect its print media
industry.
117. At least 55 people, including children and
security personnel, were killed and nearly 200
injured in a powerful suicide blast at Wagah in
Pakistan evening, minutes after the popular flag-
lowering ceremony at the main Indo-Pakistan
land border crossing.
118. The Justice (retired) Mukul Mudgal Committee,
probing the betting and spot-fixing scandals in
the Indian Premier League, submitted its final
investigation report on the alleged role of
former Board of Control for Cricket in India
(BCCI) president N. Srinivasan and 12 others in a
sealed cover to the Supreme Court.
119. Vijay Laxman Kelkar has been appointed as
Chairperson of the Finance Ministry’s think
tank National Institute of Public Finance & Policy
(NIPFP). He replaces the former Reserve Bank
Governor C. Rangarajan.
120. Union Cabinet recommended dissolution of the
Delhi Assembly, paving the way for fresh
elections in the capital.
121. For the first time India and Russia have agreed
on negotiations for a Free Trade Agreement
(FTA) between India & the Customs Union of
Belarus, Kazakhstan & Russia.
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122. Pakistan summoned the U.S. ambassador to
reject allegations in a Pentagon report that
Islamabad supports militant proxies in India and
Afghanistan, a Foreign Ministry statement said.
123. The Supreme Court has set aside two orders of
the Madras High Court, directing the Centre to
conduct a caste-based census, holding that it
should not have interfered in the domain of
policy.
124. Bhutan King Jigme Khesar Namgyel Wangchuck
welcomes President Pranab Mukherjee at the
Paro International Airport in Bhutan.
125. India will extend Visa on arrival facility to
Russian businessmen at 18 airports in the
country.
126. The two-day conference on Asian elephants
concluded in Guwahati with a resolve to
establish a regional think tank with nodal
officers from Indian, Bhutan and Myanmar.
127. Three-time Bharatiya Janata Party (BJP)
legislator, Laxmikant Parsekar who was Health
Minister in the Manohar Parrikar Government,
was sworn in as the eleventh Chief Minister of
Goa.
128. Prime Minister Narendra Modi took the Swachh
Bharat campaign to the Ganga’s ghats and
nominated Uttar Pradesh Chief Minister
Akhilesh Yadav among nine public figures to
promote the programme in the State.
129. China and Pakistan inked 20 agreements
amounting to Chinese investment reportedly
worth about $46 billion.
130. Chinese President Xi Jinping on announced $40-
billion fund to build mega Silk Road projects
criss-crossing Asia.
131. Lt. Gen. Rizwan Akhtar has taken over as the
head of the Inter-Services Intelligence (ISI). He
succeeds Lt. Gen. Zaheerul Islam, who retired.
132. Gujarat has become the first State to make
voting compulsory in local bodies.
133. President Pranab Mukherjee conferred the 49th
Jnanpith award upon eminent Hindi poet
Kedarnath Singh for his outstanding
contribution towards Indian literature.
134. Prime Minister Narendra Modi launched a new
Aadhaar-based digital life certificate for
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pensioners ‘Jeevan Pramaan’ that will allow self-
certification and benefit over a crore pensioners
in the country.
135. Eleven women died and 34 were reported
critical after undergoing “faulty” sterilisation
surgeries at a government-organised family
planning camp in Bilaspur district of
Chhattisgarh.
136. The members of Asia-Pacific Economic
Cooperation (APEC) members have agreed to
initiate the formation of a free trade area in the
Asia-Pacific — a vision steered by China, which
competes with the Trans-Pacific Partnership
(TPP) initiative of the United States.
137. The Islamic State terrorist organisation plans to
introduce its own currency and bring back solid
gold and silver coins.
138. Microsoft has unveiled a cheaper smartphone,
costing about 110 euro ($135), as it eyes
emerging and other low-cost markets for
growth. The new model is the first Lumia
smartphone under Microsoft’s own brand name.
139. China and the United States have agreed on a
timetable to limit emission of greenhouse gases.
The breakthrough was achieved during talks
between visiting U.S. President Barack Obama
and his Chinese counterpart, Xi Jinping. In a joint
announcement, the U.S. agreed to reduce by
2025 its emission of greenhouse gases by 26 per
cent to 28 per cent below its 2005 level.
140. India’s second mission to Mars could be
launched between 2018 and 2020.
141. E. Sreedharan has been appointed as one-
man committee by the Ministry of Railways to
suggest a “proper system and procedure to
ensure proper accountability and transparency”
at the level of General Manager and other
functionaries for taking all commercial
decisions.
142. The Foreign Investment Promotion Board
(FIPB) cleared the long-pending proposal of
HDFC Bank to hike foreign holding in the bank to
74 per cent.
143. Reserve Bank Governor Raghuram Rajan was
shortlisted for candidates for BRICS’ New
Development Bank president.
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144. Mr. Modi said the PIO (Persons of Indian Origin)
and OCI (Overseas Citizen of India) status would
be merged ahead of the Pravasi Bhartiya Divas
to be held from January 7 in Ahmedabad.
145. Japan’s economy unexpectedly slid into
recession as housing and business investment
declined following a sales tsax hike, further
clouding the outlook for the global economy.
146. Twelve years after it was constituted, the
Nanavati Commission of Enquiry probing the
2002 post-Godhra riots submitted its final
report to Chief Minister Anandiben Patel.
147. Forty years of pioneering work culminating in
the successful launch of India’s first Mars orbiter
this September has won the Indian Space
Research Organisation the Indira Gandhi
Prize for Peace, Disarmament and Development
for 2014.
148. India’s Pacific Ocean outreach gained traction
with the announcement of a slew of lines of
credit and development assistance totalling $
80 million for Fiji and a visa-on-arrival for all
the 14 island countries in the region during dangerous levels and prevent a global
Prime Minister Narendra Modi’s visit. catastrophe, the U.N. warns.
149. SEBI revamped the ‘Prohibition of Insider 154. In an all stock amalgamation, ING Vysya
Trading’ regulations with more stringent Bank decided to merge with Kotak Mahindra
measures, aligning its norms with international Bank, creating the fourth largest private sector
practices. The new rules, based on the Justice bank in the country.
Sodhi Committee report, would replace the 155. India’s Mars mission Mangalyaan, developed by
SEBI (Prohibition of Insider Trading) the Indian Space Research Organisation (ISRO),
Regulations 1992. has been listed among the 25 best innovations of
150. The OECD has upped its 2015-16 growth 2014 by the Time magazine. “Nobody gets Mars
projection for India to 6.6 per cent. right on the first try. The U.S. didn’t, Russia
151. INS Vikrant — the county’s first aircraft carrier didn’t, the Europeans didn’t. But on September
— has finally faded away into history. The 24, India did,” the magazine said.
Centre said it was difficult to maintain the
vessel. In March, the Indian Navy sold Vikrant to
a Mumbai-based ship breaking company for Rs.
63 crore.
152. The former Supreme Court judge Chandramauli
Kumar Prasad has been selected to be the next
Chairman of the Press Council of India. Justice
Prasad retired in mid-July.
153. The world must cut CO2 emissions to zero by
2070 at the latest to keep global warming below

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