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GK Capsule For Ibps Rrbs 2014 Exam
GK Capsule For Ibps Rrbs 2014 Exam
This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This
document consists of all important news and events of last few months which can come in SBI Clerk Exam.
Note: As on 5 Aug 2014, RBI (Reserve Bank of India) in its Third bimonthly monetary policy statement kept the key policy rate
(repo) unchanged. SLR was cut by 50 basis point from 22.5% to 22%.
1. Bank Rate: The interest rate at which at central bank lends money to commercial banks. Often these loans are very short in
duration. Managing the bank rate is a preferred method by which central banks can regulate the level of economic activity.
Lower bank rates can help to expand the economy, when unemployment is high, by lowering the cost of funds for borrowers.
Conversely, higher bank rates help to reign in the economy, when inflation is higher than desired.
2. Liquidity adjustment facility (LAF) is a monetary policy tool which allows banks to borrow money through repurchase
agreements. LAF is used to aid banks in adjusting the day to day mismatches in liquidity. LAF consists of repo and reverse repo
operations.
3. Repo Rate: Whenever the banks have any shortage of funds they can borrow it form RBI. Repo rate is the rate at which
commercial banks borrows rupees from RBI. A reduction in the repo rate will help banks to get money at cheaper rate. When the
repo rate increases borrowing form RBI becomes more expensive.
4. Reverse Repo Rate: Reverse Repo rate is the rate at which RBI borrows money from commercial banks. Banks are always
happy to lend money to RBI since their money is in the safe hands with a good interest. An increase in reverse repo rate can
cause the banks to transfer more funds to RBI due to this attractive interest rates. One factor which encourages an organisation
to enter into reverse repo is that it earns some extra income on its otherwise idle cash.
5. CRR (Cash Reverse Ratio): CRR is the amount of funds that the banks have to keep with RBI. If RBI increases CRR, the available
amount with the banks comes down. RBI is using this method (increase of CRR), to drain out the excessive money from the
banks.
6. SLR (Statutory Liquidity Ratio): SLR is the amount a commercial banks needs to maintain in the form of cash, or gold, or govt.
approved securities (Bonds) before providing credit to its customers. SLR rate is determined and maintained by RBI in order to
control the expansion of the bank credit.
Need of SLR: With the SLR, the RBI can ensure the solvency of a commercial banks. It is also helpful to control the expansion of
the Bank credits. By changing SLR rates, RBI can increase or decrease bank credit expansion. Also through SLR, RBI compels the
commercial banks to invest in the government securities like govt. bonds.
Main use of SLR: SLR is used to control inflation and propel growth. Through SLR rate the money supply in the system can be
controlled effectively.
7. Marginal Standing Facility (MSF): MSF rate is the rate at which banks borrow funds overnight from the Reserve Bank of India
(RBI) against approved government securities.
8. Commercial Paper: Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note.
Corporates, primary dealers (PDs) and the All-India Financial Institutions (FIs) are eligible to issue CP. Maturity period: between
1. Fiscal deficit target for 2014-15 at 4.1% of GDP and 3.6 for 2015-16 and 3% for 2016-17
2. Revenue Deficit seen at 2.9% for FY15
3. Aim to achieve 7-8 per cent economic growth rate in next 3-4 years: FM
4. Committed for growth of agriculture at the rate of 4 per cent.
5. Defence FDI cap raised to 49% from 26% at present
6. Exemption limits on income tax from Rs. 2 lakh to Rs. 2.5 lakh.
7. For senior citizens, the exemption on income has been raised to Rs. 3 lakh per annum.
8. Tax-free cap on home loan interest from Rs. 1.5 to Rs. 2 lakh.
9. No change in Income tax rates and slab .
10. Annual PPF ceiling to be enhanced to Rs 1.5 lakh, from Rs 1 lakh
11. Women Safety:
i. Outlay of Rs. 50 crores for a pilot scheme on road safety
ii. Another 150 crores to be spent by MHA on safety on women in larger cities
iii. 'Beti Bachao, Beti Padhao Yojana' - 100 crores
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12. Rs 3600 cr set aside for National Rural Drinking Water: FM
13. Rural housing: Rs 8000 crore for national housing banking programme
14. Metro rails in PPP mode; Rs. 100 cr set aside for metro scheme in
Ahmadabad and Lucknow
15. Each year government will be adding AIIMS to ensure there is an AIIMS in
every state: Jaitley
16. Rs 100 crores to set up virtual classrooms.
17. Rs 500 crores for setting up 5 more IIMs and IITs
18. FM Proposes to enhance the scope of income tax settlement commission
19. Rs 7,060 crore allocated for building new cities
20. Rs 200 crores credit scheme for start-ups by those from scheduled castes
and tribes
21. 15 Braille press to come up.
22. Currency note with Braille-like signs
23. Minimum pension of Rs.1000 per month to all PP schemes.
24. Rs 50,548 cr proposed for SC development
25. Bharat Swach Yojna proposed for hygiene and cleanliness.
26. Rs. 200 crore for Statue of Unity, a statue of Sardar Patel in Gujarat.
27. Rs. 1000 cr for irrigation plan named Pradhan mantri krishi sichayin
yojana.
28. e-visa for nine cities.
29. Rs. 7060 cr for creating smart cities.
30. Assam and Jharkhand to get Centre of Excellence on farming
31. Rs. 100 crores for modernization of Madrasas
32. Jaitley announces Skill India, a programme to train youth for jobs
33. Rural housing: Rs 8000 crores for national housing banking programme
34. Senior Citizens Pension Plan Extended Till August 2015
35. Rs. 500 crore for price stabilization fund.
36. 100 soil testing laboratories across the country.
37. Agriculture University in AP and Rajasthan, and Horticulture University in Haryana, Telangana; Rs. 200 cr set aside
38. An AIIMS will be created in every state.
39. All six new AIIMS are functional. Four more AIIMS under consideration. 12 more medical colleges will be added. Rs. 500
crore allocated for this.
40. Govt allocates Rs 500 cr for Internet connectivity in villages
41. Crisis Management Center for women at Delhi
42. Start up village at Rs 100 crore to promote entrepreneurship among rural youth.
43. Rs. 14,389 crores for PM Sadak Yojana
44. Rs 200 crore allocated to set up six textiles clusters
FDI Limits…
List of Limits in Various Sectors (In %)
1. Defence Raised to 49% from
26%
2. Pension 49
3. Insurance Raised to 49% from
26%
4. Print Media 26
5. Civil Aviation 49
6. Public Sec. Banks 20
7. Private Sec. Banks 74
8. Multi Brand 51
9. Single Brand 100
10. Tourism 100
1. Govt. launch Jan Dhan scheme to promote financial inclusion: Prime Minister Narendra Modi launched 'Pradhan
Mantri Jan Dhan Yojana' to help the poor open bank accounts which will come with the facility of a debit card and an
insurance cover of Rs 1 lakh.
Note: i. The main features of the scheme include Rs 5,000 overdraft facility for Aadhar-linked accounts, Ru Pay
Debit Card with inbuilt Rs 1 lakh accident insurance cover and minimum monthly remuneration of Rs 5,000 to business
correspondents who will provide the last link between the account holders and the bank.
2. Bangladesh to join BRICS Bank: Bangladesh has decided to join the newly formed BRICS Bank, an initiative of the world's
five emerging economies - Brazil, Russia, India, China and South Africa.
3. Import duty of sugar hiked from 15 to 25 per cent
4. ICICI Bank offers EMI on debit cards: ICICI Bank, the country’s largest private sector bank, has launched EMI (equated
monthly installments) facility on debit cards to enable its customers to convert their high value transactions into easy
installments.
Note: ICICI bank is the first in the country to introduce this facility,
5. Inflation at 5-month low of 5.19 per cent in July
6. HDFC Bank has opened a branch in Dubai to provide wealth management services to large Indian diaspora in the Gulf city.
7. According to a UN report Indian economy expected to grow by 5.5% in current fiscal.
8. The Securities and Exchange Board of India, SEBI has imposed a penalty of 13 crore rupees on Reliance Industries
Limited for alleged irregularities in issuance of warrants by the company to its promoters.
9. ICICI Bank launches travel card for students : ICICI Bank, has announced the launch of the ‘ICICI Bank Student Travel
Card’, which enables students going abroad for higher studies to take care of their expenses.
Note: ICICI Bank Student Travel Card is available in the dollar, pound, euro, Australian dollar and Canadian dollar. It is
valid for three years and can be applied for from any foreign exchange-enabled ICICI Bank branch. Anyone, including non-
customers, can apply for this card.
10. India Ratings & Research revised its FY15 gross domestic product (GDP) growth forecast to 5.7 per cent from its April
2014 forecast of 5.6 per cent.
11. The Supreme Court (SC) ruled that a complaint about a bounced cheque must only be filed at the place where the bank
dishonoured it, settling doubts raised by its own earlier conflicting judgments on the jurisdiction of a magistrate.
12. Asian Development Bank (ADB) has upgraded India's economic growth forecast to 6.3 per cent in 2015-16
13. The World Bank has committed 15 to 18 billion dollars to India by 2017 to help the country return to a higher growth path
which is critical for boosting jobs and reducing poverty.
14. HDFC Bank Ltd has opened its branch in Dubai. After Bahrain and Hong Kong, this is HDFC Bank’s third overseas branch.
15. World Bank to give $153 mn loan for Odisha project: India has inked a loan agreement with World Bank for assistance
of $153 million (about Rs 920 crore) for the Odisha Disaster Recovery Project.
16. A panel headed by former Economic Advisor to Prime Minister, C Rangarajan sets poverty line at Rupees 32 per day in
rural areas and Rupees 47 in Urban areas.
He also said that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population, which means
that three out of 10 persons are poor.
National Bank for Agriculture and Rural Development (NABARD) was established on 12 July
1982 by an Act of the Parliament
MANDATE: NABARD was set up as a Development Bank with a mandate for providing and regulating credit and other facilities
for the promotion and development of agriculture, small scale industries, cottage and village industries, handicrafts and other
rural crafts and other allied economic activities in rural areas with a view to promoting integrated rural development and
securing prosperity of rural areas, and for matters connected therewith or incidental thereto.
CORPORATE MISSION: Promote sustainable and equitable agriculture and rural prosperity through effective credit support,
related services, institution development and other innovative initiatives.
CAPITAL STRUCTURE: The paid up capital of NABARD is Rs.2,000 crore with Government of India (GoI) holding Rs.1,980
crore and the remaining by Reserve Bank of India (RBI).
ORGANISATIONAL SETUP: NABARD, with its Head Office at Mumbai, has 30 Regional Offices located in States and a Union
Territory.
1. The year 2014 has been declared by the United Nations as the International Year of Family Farming.
2. 2015-16 to be observed as Water Conservation Year.
3. Textiles Ministry, Flipkart join hands for handloom weavers an initiative to boost the handloom sector, empower the
weavers and uplift manufacturing in the country.
4. Prime Minister Narendra Modi dedicated to the nation the Ranchi-Dharamjaygarh-Sipat 765kv inter-regional power
transmission line in Jharkhand. Note: This line is the first inter-regional link between eastern region and western region.
5. Afghanistan celebrated its 95th Independence Day on 19 August 2014.
6. Bangladesh has decided to set up an Exclusive Economic Zone for Japan to attract investors and entrepreneurs.
7. 20th edition of annual Delhi Book Fair begins in New Delhi. Theme of the nine- day event is 'Literature in Cinema'.
8. Tata Consultancy Services (TCS) and Bharti Foundation announce to spend 200 crore rupees for Clean India Campaign.
9. HDFC Bank accorded most valued brand: HDFC Bank with a brand value of $ 9.4bn is India’s most valuable brand
according to the first edition of the BrandZ Top 50 Most Valuable Indian Brands ranking.
Note: Airtel occupy 2nd post. SBI at number 3rd and ICICI at number 4th position.
10. IDBI Bank has donated Rs 9 crore towards the building of 300 gender-segragated toilets in schools close to the bank’s
branches in rural and semi-urban areas.
11. According to Global Peace Index, 2014 Bhutan, Nepal two most peaceful countries in South Asian region.
Note: i. Bhutan stands at 16th position and Nepal at 76th position.
ii. Bangladesh is ahead of India, Pakistan and Afghanistan in terms of 'state of peace'.
iii. While Bangladesh occupied 98th position, India was rated at 143, Pakistan 154, and Afghanistan at 161.
iv. Iceland, Denmark and Austria were ranked first, second and third respectively.
12. TATA-SIA Airlines brand name to be called Vistara: Tata-Singapore Airlines (SIA) named its upcoming joint venture
airline as Vistara and will start its operation from October 2014. Vistara is an inspiration from Sanskrit word,
Vistaar that means limitless expanse. It has drawn inspiration from the brand’s domain – the limitless sky.
13. Union Minister for Roads, Highways and Shipping Nitin Gadkari announced Rs 15,000 crore road projects in Uttar Pradesh
and Haryana.
14. Maryam Mirzakhani, an Iranian born mathematician, became the first woman to win coveted Fields Medal in Seoul, South
Korea.
15. India ranked 5th amongst top 10 wind power producers: Report.
Note: China was the leading wind power producer by adding 16,100 MW capacity in 2013, followed by USA, Germany and
Spain,” Renewables 2014 Global Status Report said.
16. Australia and Japan to assist India in civilian nuclear deal.
Note: i. Japan is the leading producer of turbine required for 1,000 MW capacity.
ii. Australia holds about a third of the world's recoverable uranium resources.
17. A Hindu temple, claiming to be the world's first 'eco-temple' featuring solar panels and a rainwater harvesting system, has
been opened in northwest London in the UK.
SUMMIT
1.BRICS summit
Country: Brazil, Russia, India, China, South-Africa.
- 6th BRICS Summit 2014: Fortaleza, Brazil
- Next 7th BRICS Summit to be held in Ufa, Russia
Note: Ufa is the capital city of the Republic of Bashkortostan, Russia, and the industrial, economic, scientific and cultural
centre of the republic.
- The theme chosen for our discussions was "Inclusive Growth: Sustainable Solutions”.
4.G 8 Summit:
• G-8 Countries: Canada, France, Germany, Italy, Japan, Russia, Britain and the US
• 40th G-7 summit 2014 held at Brussels.
Note: It was the first time that the EU hosted a G7 summit. The summit is jointly represented by the European
Council President Herman van Rompuy and the European Commission President.
5. G 20 Summit:
• G-20 meeting (2014) of Finance ministers and central bank governors held in Sydney (Australia).
• G20 Leaders Summit (2014) will be held in Brisbane, Queensland (Australia, in November 2014.
6. SAARC Summit:
• 18th SAARC Summit 2014- Kathmandu (Nepal)
8. BIMSTEC Summit
• 3rd BIMSTEC summit 2014: Nay Pyi Taw (Myanmar)
• 4th BIMSTEC summit will be held in Nepal.
Note: BIMSTEC (Bay of Bangal Initiative for Multisectoral Technical
and Economic Cooperation)
BIMSTEC includes 7 countries: Bangladesh, India, Myanmar, Sri
Lanka, Thailand, Bhutan and Nepal and aims to create cooperation in
multiple sectors including trade, investment and energy.
New Member
United Nation – South Sudan new member country . Total– 193
members
WTO –Tajikistan new member country. Total – 159 members.
World Bank & IMF – South Sudan new member country. Total–
188 members
European Union – Croatia new member country. Total– 28
OTHERS SUMMIT
1. 18th BASIC Ministerial Meeting held in New Delhi.
BASIC - (Brazil, South Africa, India and China)
Note: 17th BASIC Ministerial Meeting on Climate Change was
held in Hanzghou, China
2. ASEAN foreign-minister-meeting held in Myanmar
3. Fifth Indo-US Strategic Dialogue held in New Delhi during which
the two sides discussed “transformative initiatives” in key areas of
security and energy.
4. 3rd India-Africa Summit will be held in New Delhi
5. 6th International Nuclear Energy Forum ATOMEXPO-2014 held
in Moscow
6. World Economic Forum 2014: held in Abuja (Nigeria). Bharti Enterprises founder and Chairman Sunil Bharti Mittal co
– chair this year’s edition of the World Economic Forum on Africa.
Points To Remember:
1. Pradhan Mantri Krishi Seenchayi Yojana: Pradhan Mantri Krishi Seenchayi Yojana was announced by Prime Minister
Narendra Modi . The Yojna has been announced to meet the irrigation needs of all farmers across the country. Sum of 1000
crore rupees has been allocated for implementation of the scheme.
2. Karnataka, Kerala sign MoU for rural livelihood mission: As per the MoU, Kerala Governement’s Kudumbashree and
Karnataka State Rural Livelihood Mission are to help train and hand-hold rural Self Help Groups (SHGs) in Karnataka.
3. Govt re-launches Varishtha Pension Bima Yojana: The government has re-launched the Varishtha Pension Bima Yojana,
for the benefit of citizens aged 60 years and above.
Note: It will provide monthly pension ranging from 500 to 5,000 rupees per month to senior citizens of the country.
ii. The Scheme will be administrated by the Life Insurance Corporation, LIC.
4. National rural scheme on PPP model launched: Rural Development Minister Nitin Gadkari launched the Shyama Prasad
Mukherjee National Rural Mission on PPP model with an allocation of 100 crore rupees.
Note: The scheme will be initially available in three districts of the country on pilot basis. The districts are Warangal in
Andhra Pradesh and two districts in Maharashtra.
ii. The scheme is intended to stop migration from rural areas to cities. The government wants to create infrastructure in
villages so that people can get employment there and do not migrate to cities.
5. Padho Pardesh scheme for minority community: Government has launched a scheme titled, Padho Pardesh, for
providing interest subsidy on educational loans for overseas studies for students belonging to the notified minority
communities like Muslims, Christians, Sikhs, Buddhists, Jains and Parsis.
Note: The objective of the scheme is to award interest subsidy to meritorious students belonging to economically weaker
sections of the notified minority communities so as to provide opportunities for higher education abroad and enhance
their employability.
6. Government has launched the Rashtriya Gokul Mission to promote conservation and development of indigenous breeds
in a focused and scientific manner.
The mission aims at enhancing milk production, upgrading non-descript cattle using elite indigenous breeds and distribute
disease free high genetic bulls.
7. National Mission of Food Processing: scheme to minimize wastage of fruits, vegetable
8. Chief Minister's Social Assistance (CMSA) : launched in Meghalaya for
widows and pensioners
1. Guru Hanuman Akhara, a Delhi-based wrestling academy was chosen for the 2014 Rashtritya Khel Protsahan Puraskar
(RKPP) .
Note: The Akhara was chosen in the category of establishment and management of sports academies of excellence.
2. Rajiv Gandhi National Sadbhavana Award: Muzaffar Ali, a noted filmmaker of India was selected for Rajiv Gandhi
National Sadbhavana Award. His name was selected for his outstanding contribution towards the promotion of Communal
harmony, peace and goodwill.
Note: i. This will be the 22nd edition of the Sadbhawna award.
ii. Sarod maestro Ustad Amjad Ali Khan was recipient of the 21st Rajiv Gandhi National Sadhbhavna Award.
iii. Rajiv Gandhi National Sadbhavana Award given on 20 August, the birth anniversary of former Prime Minister late Rajiv
Gandhi, which is also celebrated as the Sadbhavna Diwas (Harmony Day)
3. Ramon Magsaysay Award 2014
The list of awardees included six winners among five individuals and one organization from Pakistan.
i. Hu Shuli: She is a Chinese investigative journalist.
ii. Saur Marlina Manurung: She is being recognized for her ennobling passion to protect and improve the lives of
Indonesia’s forest people, and her energizing leadership of volunteers in
SOKOLA’s customized education program.
iii. Omara Khan Masoudi from Afghanistan: He is being recognized for
his courage, labor, and leadership in protecting Afghan cultural heritage.
4. Bachendri Pal, the first Indian woman mountaineer to scale Mount
Everest was conferred with Bharat Gaurav, the highest honour of merit of East Bengal Club.
5. Environmentalist and social activist Chandi Prasad Bhatt has been awarded the prestigious Gandhi Peace prize for 2013.
6. AIMA ( All India Management Association) Awards: Chandra Shekhar Ghosh, CMD of Bandhan won ‘Entrepreneur of the
Year’ award
M G George Muthoot, Chairman, Muthoot Group (Emerging Business Leader of the Year), N Chandrasekaren, CEO &
Managing Director, TCS (Indian MNC of the Year), Rakeysh Omprakash Mehra, Film Producer, Director of Bhaag, Milkha
Bhaag (Director of the Year) and S. S. Badrinath, Founder and Chairman, Emeritus of Sankara Nethralaya (Outstanding
Institution Builder).
7. Jnanpith Award 2013: Noted Hindi poet Kedarnath Singh has been chosen for the prestigious Jnanpith award for 2013.
He will be the recipient of the 49th Jnanpith award.
8. Pen Pinter prize 2014: Salman Rushdie wins Pen Pinter prize for his outstanding literary output and support for freedom
of expression.
Person in News:
OBITUARY
1. Richard Attenborough: Gandhi' filmmaker dies at 90
2. UR Anantha Murthy: Eminent Kannada writer passes away. Anantha Murthy, a writer and critic, was considered one of
the pioneers of the Navya movement in Kannada literature.
3. BKS Iyengar: World-renowned yoga guru and founder of the Iyengar School of Yoga BKS Iyengar passed away
4. Robin Williams: Oscar Winning Actor died
5. Lauren Bacall: Hollywood icon dead at 89
6. Hashim Khan: Squash Legend of Pakistan died
7. Amitava Nandy: Veteran CPI-M leader died
8. Cartoonist Pran Kumar Sharma, creator of iconic Chacha Chowdhury,
dead
9. Robert Drew: Pioneer of Cinema documentarian dies at 90
10. Sundaram Sankaran: Veteran journalist died at 87
11. Sushilarani Patel, the renowned classical singer of India died
12. Madhukar Singh, an eminent Hindi litterateur died
13. J. Sasikumar: Malayalam filmmaker passes away.
14. Nadine Gordimer: South Africa’s Nobel-winning novelist dies
15. Zohra Sehgal: Veteran Bollywood actress Zohra Sehgal known for her jovial roles in films like Dil Se, Kal Ho Naa Ho, Veer-
Zaara, Cheeni Kum and Saawariya passed away. She was 102.
16. Granville Austin, the eminent scholar of the Indian Constitution died in Washington DC.
17. Ramanarayanan, Tamil film director and producer, died at 65.
Sports News
2014 Commonwealth Games: The 2014 Commonwealth Games (officially the XX Commonwealth Games) were held in
Glasgow, Scotland, from 23 July to 3 August 2014. This is the 20th edition of the Commonwealth Games.
Scotland has previously hosted the event twice, in 1970 and 1986, both in Edinburgh.
Note: The first was hosted by Hamilton, Canada, in 1930 and known as the British Empire Games.
England finished top of the medal table for the first time since the 1986 Commonwealth Games, also held in Scotland.
Kiribati also won its first ever medal at a Commonwealth Games, a gold in the 105 kg men's weightlifting competition.
There are 71 participating nations at the 2014 Commonwealth Games with approximately 4,950 competing athletes, making it
one of the largest Commonwealth Games staged to date.
Mascot: Clyde, an anthropomorphic thistle named after the river which flows through the centre of Glasgow, was the official
mascot of the 2014 Commonwealth Games. The mascot was designed by Beth Gilmour, who won a competition run by Glasgow
2014 for children to design the Mascot.
Medal Tally:
Rank Nation Gold Silver Bronze Total
1 England 58 59 57 174
2 Australia 49 42 46 137
3 Canada 32 16 34 82
4 Scotland 19 15 19 53
5 India 15 30 19 64
On closing ceremony, the Indian contingent’s flag bearer was Seema Punia, who won Silver in women's discus throw. While,
the torch bearer in the opening ceremony was ace shooter Vijay Kumar, the 2012 London Olympics Silver medalist.
WEIGHTLIFTING
Gold Medalist Winners - Weightlifting
1. K Sanjita Chanu: In Women’s weightlifting 48 kg category K Sanjita Chanu with a total lift of 173 kg won the prized gold
medal.
Note: Sanjita Chanu wins India’s first Gold medal at 2014 Commonwealth Games.
2. Sukhen Dey: Sukhen Dey in Men’s weightlifting 56 kg category claimed gold medal by lifting a total of 248 kg.
3. Satish Sivalingam: 77 kg Satish Sivalingam created a games record with a total lift of 328 kg to claim gold medal while Ravi
Katulu lifted total of 317 kg to win silver medal.
WRESTLING
Gold Medal winner Wrestling
1. Sushil Kumar: In Men’s wrestling, 75kg freestyle Sushil Kumar defeated Qamar Abbas of Pakistan what turned out to be a
lopsided event. In just 107 minutes Sushil trounced his opponent to take home gold.
2. Yogeshwar Dutt: In Men’s wrestling, 65 kg freestyle Yogeshwar Dutt brought laurels to the country by clinching gold medal
after defeating Canada’s Jevon Balfour in the final.
3. Amit Kumar: Nigerian Ebikweminomo Welson was Amit Kumar’s opponent in the final of Men’s wrestling, 57kg freestyle.
Amit defeated Welson 3-1 to claim the gold medal.
4. Babita Kumari: In Women’s wrestling; 55 kg freestyle Babita Kumari completely dominated the proceedings over Canada’s
Brittanee Laverdure and defeated her 9-2 in the finals for the coveted gold medal.
5. Vinesh Phogat: In Women’s wrestling, 48kg freestyle youngster Vinesh Phogat who is just 19 years old defeated Yana
Rattigan of England by 11-8 to be part of the glorious 15.
SHOOTING
Gold Medal Winner In Shooting
1. Abhinav Bindra: In Men’s 10m Air Rifleformer Olympic gold medallist Abhinav Bindra claimed his first individual gold at
the commonwealth Games when he finished witha final games record score of 205.3.
2. Jitu Rai: In Men’s shooting, 50 m Pistol Jitu Rai who set finals games record gathering a total of 194.1 points won gold for his
country. Gurpal Singh with 187.2 points settled with silver in this category.
3. Rahi Sarnobat: It was an all-Indian affair in the final of Women’s shooting 25 m Pistol event as Rahi Sarnobat defeated
Anisa Sayyed to clinch the gold medal.
4. Apurvi Chandela: In Women’s shooting, 10 m Air Rifle rising star Apurvi Chandela claimed her first international medal.
Apurvi triumphed over her compatriot Ayonika Paul to win the gold medal.
Athletics
Gold Medal Winner in Athletics
1. Vikas Gowda: After winning the gold medal In Men’s discus throw Vikas Gowda became the first Indian man to win a field
event gold medal at the Commonwealth Games. Gowda threw the discus to 63.64m to clinch the gold medal
Note: Vikas Gowda became the first Indian man to win a field event gold medal at the Commonwealth Games
Squash
1. Dipika Pallikal and Joshana Chinappa: In Women’s doubles finals the pair of Dipika Pallikal and Joshana Chinappa
defeated England’s Jenny Duncalf and Laura Massaro 11-6, 11-8 in straight sets.
Note: The pair gave India their first squash medal in the Commonwealth Games.
BADMINTON
Gold Medal in Badminton
1. Parupalli Kashyap: On last day of the Commonwealth Games Parupalli Kashyap in Men’s Badminton final defeated
Singapore’s Derek Wong 21-14, 11-21, 21-19 to clinch the gold.
Note: Parupalli Kashyap became the first Indian man in 32 years to win badminton gold at the Games.
BOXING
Silver Medal in Boxing
1. Laishram Sarita Devi - Women's boxing, 57-60 kg
3. Laishram Devendro Singh - Men's boxing, 46-49 kg
3. Vijender Singh - Men's boxing, 75 kg
4. Mandeep Jangra - Men's boxing, 69 kg
TABLE TENNIS
Silver Medal in Table Tennis
1. Achanta Sharath Kamal and Antony Amalraj - Men's Table Tennis
JUDO
Silver Medal in Judo
1. Navjot Chana - Men's judo 60 kg (lost to Ashley McKenzie of
England on penalty points (shido) in the final)
2. Shushila Likmabam - Women's judo 48 kg (lost to Kimberly
Renicks of Scotland in the final)
Important Points:
1. Vijay Kumar is the flag bearer for Indian contingent at the opening ceremony of the Commonwealth Games
2. Sanjita Chanu wins India’s first Gold medal at 2014 Commonwealth Games.
3. Vikas Gowda became India's only second male athlete to win a gold at the Commonwealth Games after the legendary
Milkha Singh won the 440 yard gold way back in 1958 at Cardiff.
4. Parupalli Kashyap became the first Indian man in 32 years to win badminton gold at the Games.
5. Dipa Karmakar scripts history, wins first gymnastic medal for India at Commonwealth Games. She bagged a bronze in the
vault event.
6. Pinki Rani bags first medal in Boxing. She won bronze medal.
7. England finished top of the medal table at Commonwealth Games for the first time in 28 years.
8. The first Commonwealth Games was hosted by Hamilton, Canada, in 1930 and known as the British Empire Games.
9. The 21st Commonwealth Games will be held in Gold Coast in Australia in 2018.
10. Australia has hosted the Commonwealth Games on a record four occasions, and will make it five when Gold Coast hosts
the event in 2018.
11. India men's hockey team won silver medal.
Germany defeat Argentina by 1-0 to lift 2014 FIFA World Cup title.
1. Golden Ball Award: Lionel Messi was declared as the Player of the tournament and awarded Golden Ball.
2. Golden Boot Award: James Rodriguez of Colombia wins the Golden Boot award for finishing top scorer at the 2014
World Cup in Brazil. He scores 6 goals in the tournament.
Hat-Rick Goal: Thomas Muller (Germany) score first hattrick and Xherdan Shaqiri (Switzerland) claim second hattrick
of the tournament.
Note: i. Mario Götze kicks in second half of extra time to help Germany to win the final by 1-0 against Argentina.
ii. Germany won their fourth World Cup after a 24-year (1954, 1974 and 1990) wait.
iii. Netherland stood 3rd and Brazil stood 4th in the tournament.
iv. Brazuca is the name of the new ball unveiled in the 2014 FIFA World Cup
FIFA rankings:
1. Germany 2. Argentina 3. Netherland 4. Colombia 5. Belgium
6. Uruguay 7. Brazil 8. Spain
Tennis:
Wimbledon 2014:
1. Men’s Title: Novak Djokovic defeated Roger Federer to win his second Men's Wimbledon title and seventh career
Grand Slam.
2. Women’s Title: Petro Kvitova defeated Eugenie Bouchard to win Wimbledon title
T20:
1. Bangladesh -2014. – Sri Lanka defeat India to win the maiden title.
2. India -2016.
3. Australia - 2020.
Note: ICC Women’s World Cup 2013 - Australia defeated West Indies at Brabourne Stadium in Mumbai.
1. INS Kolkata : Prime Minister Narendra Modi commissioned INS Kolkata at the Naval base in Mumbai. INS Kolkata is
biggest and most powerful guided missile-destroyer.
2. INS Kamorta: India's first indigenously built Anti-submarine warship inducted into the Navy.
3. PM dedicates two hydro power projects in Leh and Kargil: (i) 44 MW Chutak hydro-electric project in Kargil district
and (ii) 45 MW Nimoo Bazgo project in Leh district.
Note: i. The Chutak Hydroelectric Plant is a run-of-the-river power project on the Suru River
ii. The Nimoo Bazgo power station is located on river Indus.
4. China unveiled its next generation Intercontinental Ballistic Missile (ICBM) Dongfeng – 41 (DF-41).
Note: DF-41 with its long range has similar abilities to the US rocket Minuteman, which has a range of 13000 km or
Russian RS-24M Yars.
5. The Indian Air Force received its sixth C-17 Globemaster heavy lift transport aircraft which also carried a World War II
vintage 'Harvard' aircraft in its belly.
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6. Indo-Russia pact planned to develop a sleeker and faster 'mini' version of BrahMos missile
7. Malabar Naval exercise 2014 held in the Pacific Ocean. The Exercise Malabar is a joint naval exercise first conducted as a
bilateral one between the US and Indian navies in 1992. Japan participates in the Malabar exercises for the third time since
it first participated in 2007.
8. Indo-Russian joint venture firm BrahMos Aerospace is developing a smaller version of the 290-km supersonic cruise
missile for enabling its deployment on submarines and smaller fighter aircraft such as MiG 29K.
Crop Seasons:
• Rabi Crop:The term Rabi means "spring" in Arabic, and the rabi crops are grown between the months mid November to
April.
Sowing season: October - December
Harvesting season: February - April
Important Crops: Wheat, Barley, Gram, Linseed, Mustard, Masoor, Pea and Potatos
• Kharif crop refers to the planting, cultivation and harvesting of any domesticated plant sown in the rainy (monsoon)
season and it starts in June and to end in October
Sowing season: May - July
Harvesting season: September to October
Important Crops: Jower, Bajra, Rice, Maize, Cotton, Groundnut, Jute, Hemp, Sugarcane, Tobacco etc
• Zaid crops On the Indian sub-continent, the crops grown on irrigated lands which do not have to wait for monsoons, in
the short duration between Rabi and Kharif crop season, mainly
from March to June, are called Zaid crops (also written as Zayad
crops). The main produce are seasonal fruits and vegetables.
Sowing season: August - September
Harvesting season: December - January
Important Crops: Rice, Jowar, Rapeseed, Cotton, Oilseeds
• Zaid rabi crops:Zaid Rabi crops are sown in February - March
Harvesting is in April - may
Important Crops: Water melon, Toris, Cucumber, leafy and Other vegetables
Tehri Dam: on Bhagirathi River, Uttarakhand Nagarjuna sagar Dam: on Krishna River, Andhra Pradesh
Bhakra nangal Dam: on Sutlej River, Punjab and Himachal Sardar Sarovar Dam: on Narmada River, Gujarat
Pradesh.
Hirakud Dam: on Mahanadi River, Orissa
Nuclear power plants in India:
• Narora atomic power plant - Narora, UP • Madras atomic power plant - Tamilnadu
• Rajasthan atomic power plant: Rawatbhatta, Rajasthan • Kaiga atomic power plant - Karnataka
• Tarapur atomic power plant - Maharashtra • Kundankullam : Tamil Nadu
• Kakarpar atomic power plant - Gujarat
Kaziranga Wildlife Sanctuary - Assam Ranthambore National Park & Wildlife Sanctuary -
Manas Wildlife Sanctuary - Assam Rajasthan
Gir National Park & Wildlife Sanctuary- Gujarat Bharatpur Bird Sanctuary - Rajasthan
Sundarbans National Park - West Bengal Tal Chappar Wildlife Sanctuary - Rajasthan
Periyar National Park and Wildlife Sanctuary – Kerala Sariska Wildlife Sanctuary - Rajasthan
Kanha National Park - Madhya Pradesh Chilka Lake Bird Sanctuary – Odissa
Bandhavgarh National Park - Madhya Pradesh Nandankanan Zoo – Odissa
Corbett National Park - Uttrakhand
Important Days
A
Afghanistan - Kabul D Italy - Rome
Albania - Tirana Denmark - Copenhagen
Algeria - Algiers Djibouti - Djibouti City J
Andorra - Andorra la Vella Dominica - Roseau Jamaica - Kingston
Angola - Luanda Dominican Republic - Santo Japan - Tokyo
Antigua & Barbuda - Saint John's Domingo Jordan - Amman
Argentina - Buenos Aires
Armenia - Yerevan E K
Australia - Canberra East Timor - Dili Kazakhstan - Astana
Austria - Vienna Ecuador - Quito Kenya - Nairobi
Azerbaijan - Baku Egypt - Cairo Kiribati - Tarawa Atoll
El Salvador - San Salvador Korea North - Pyongyang
B Equatorial Guinea - Malabo Korea South - Seoul
Bahamas - Nassau Eritrea - Asmara Kosovo - Pristina
Bahrain - Al-Manamah Estonia - Tallinn Kuwait - Kuwait City
Bangladesh - Dhaka Ethiopia - Addis Ababa Kyrgyzstan - Bishkek
Barbados - Bridgetown
Belarus - Minsk L
Belgium - Brussels Laos - Vientiane
Belize - Belmopan Latvia - Riga
Bhutan - Thimphu F Lebanon - Beirut
Bosnia & Herzegovina - Sarajevo Fiji - Suva Lesotho - Maseru
Botswana - Gaborone Finland - Helsinki Liberia - Monrovia
Brazil - Brasilia France - Paris Libya - Tripoli
Brunei - Bandar Seri Begawan Liechtenstein - Vaduz
Bulgaria - Sofia G Lithuania - Vilnius
Burkina Faso - Ouagadougou Gabon - Libreville Luxembourg - Luxembourg
Burundi – Bujumbura Gambia - Banjul
Georgia - Tbilisi M
C Germany - Berlin Macedonia - Skopje
Cambodia - Phnom Penh Ghana - Accra Madagascar - Antananarivo
Cameroon - Yaounde Greece - Athens Malawi - Lilongwe
Canada - Ottawa Grenada - Saint George's Malaysia - Kuala Lumpur
Cape Verde - Praia Guatemala - Guatemala City Maldives - Male
Central African Republic -Bangui Guinea - Conakry Mali - Bamako
Chad - N'Djamena Guyana - Georgetown Malta - Valletta
Chile - Santiago Marshall Islands - Majuro
China - Beijing H Mauritania - Nouakchott
Colombia - Bogota Haiti - Port-au-Prince Mauritius - Port Louis
Comoros - Moroni Honduras - Tegucigalpa Mexico - Mexico City
Congo - Brazzaville Hungary - Budapest Micronesia - Palikir
Congo Democratic Republic of Moldova - Chisinau
the - Kinshasa I Monaco - Monaco
Costa Rica - San Jose Iceland - Reykjavik Mongolia - Ulaanbaatar
Cote d'Ivoire - Abidjan India - New Delhi Montenegro - Podgorica
Croatia - Zagreb Indonesia - Jakarta Morocco - Rabat
Cuba - Havana Iran - Tehran Mozambique - Maputo
Cyprus - Nicosia Iraq - Baghdad Myanmar (Burma) - Rangoon
Czech Republic - Prague Ireland - Dublin (Yangon); Nay Pyi Taw
Israel - Jerusalem (administrative)
Important Currencies
Country Currency Country Currency Country Currency
A
Afghanistan -- Afghan Afghani Egypt --- Pound Japan --- Yen
Argentina -- Peso F L
Australia --- Dollar France --- Euro Lithuania --- Euro
Austria ---European euro G M
B Germany --- Euro Malaysia --- Ringgit
Bangladesh--- Taka H Maldives --- Rufiyaa
Bhutan ---- Ngultrum Hong Kong --- Dollar Mexico --- Peso
Brazil --- Real N
C I Nepal --- Rupee
Canada ---- Dollar India --- Rupee Netherlands -- Euro
Chile ---- Peso Indonesia --- Rupiah Norway -- Krone
China --- Yuan IMF --- Special Drawing North Korea -- Won
Cuba --- Peso Rights P
D Iran --- Rial Pakistan -- Rupee
Denmark --- Krone Iraq --- Dinar Philippines --- Peso
E J Portugal ---- Euro
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South Korea -- Won
Q Sri Lanka -- Rupee
Qatar ---- Riyal Switzerland - Franc UAE -- Dirham
R Syria --- Pound UK -- Pound
Russia ---- Ruble T USA --- Dollar
S Thailand --- Baht V
Saudi Arabia -- Riyal Turkey --- Lira Vatican --- Euro
Singapore -- Dollar U Z
South Africa -- Rand Ukraine --- Hryvnia Zimbabwe -- Dollar
ABBREVIATION IN NEWS