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Third Issue

The document is a magazine issue covering news from July 2014 across various sections like international, national, economy, sports, science & technology, and others. Some key news covered includes Eid celebrations across India, RBI signing an MoU with Hong Kong for supervisory info exchange, RBI allowing e-KYC for NBFC verification, RBI cancelling licenses of 6 Delhi NBFCs and imposing penalties on 12 banks related to Deccan Chronicle Holdings case, and RBI issuing draft guidelines for setting up small banks and payment banks.

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0% found this document useful (0 votes)
636 views52 pages

Third Issue

The document is a magazine issue covering news from July 2014 across various sections like international, national, economy, sports, science & technology, and others. Some key news covered includes Eid celebrations across India, RBI signing an MoU with Hong Kong for supervisory info exchange, RBI allowing e-KYC for NBFC verification, RBI cancelling licenses of 6 Delhi NBFCs and imposing penalties on 12 banks related to Deccan Chronicle Holdings case, and RBI issuing draft guidelines for setting up small banks and payment banks.

Uploaded by

OmRankers
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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DishaThird Issue August 2014 Om Rankers Creator

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DISHA - III ISSUE
(JULY 2014)
CONTENTS






PREFACE 3
PICK OF THE MONTH 4
INTERNATIONAL 10
NATIONAL 14
ECONOMY 15
CORPORATE 16
SPORTS 18
ECOLOGY & ENVIRONMENT 24
SCIENCE & TECHNOLOGY 25
NEWS CAPSULE 26
Person In News 26
Person Appointed 27
Person Resigned 29
Person Died 30
Books & Author 30
DAY | WEEK | YEAR 30
EVENTS 31
Reports | Surveys 33
Awards | Honours 35
MISCELLANEOUS 35



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Dear Friends,

The THIRD ISSUE of DISHA has been designed to provide latest updates of events that occurred in the
months from JULY 2014. This ISSUE covers each and every important happening of the month that made
news and carries any probability of being asked in different types of competitive exams like IAS, PCS, SSC,
Banking, LIC, Railway and all others.

The happening in the sections like International (bilateral and Indias relation with the world), National,
Economy, Science and Technology, Environment and Ecology, Corporate, State, Sports, Important
Personalities, Books and Authors, Awards and Honours, Important Dates, Reports and Surveys and more all
are covered in detail.

Representation of verified facts and figures along with fine-tuned analysis makes the events easy to
understand and perceive. The aspirants of competitive exams will definitely be benefitted by the content of the
eBook.

This vital magazine gives its readers the information and analysis on economic issues they simply cant get
anywhere else. Issued six times a year, DISHA presents, in plain English, studies and analyses of the
pressing economic problems that we face today; interviews with the most influential (and often controversial)
economic and political leaders of our time; book reviews of important works; and compelling policy
prescriptions for todays urgent economic issues. For down-to-earth information on the real economic world
we live in, DISHA has no substitute.


"DISHA provides an array of insightful and eclectic analyses of current critical issues. No other
publication can match its combination of relevance, readibility, and solid reasoning." Manjot Kaur,
President, Shaheed Udham Singh Engineering College, Mohali.


"DISHA is always stimulating, and never boring. Few existing publications combine relevance
with in-depth analysis as it does." Priyanka Bhatia, Government Girls College, Sector 42,
Chandigarh


"DISHA is the one publication on current affairs that succeeds in being both intellectually rigorous
and completely readable. Each issue is crisp, relevant, and thought provoking." Vandana,
President, Himachal Pradesh University, Shimla.

"Written in a clear, non-technical manner, the articles are by prestigious writers and well-respected scholars,
and the editorial board includes several professionals. ... Recommended for high school, public, academic,
and government libraries." Magazines for Libraries.

"There is simply no other way to keep up with the real issues in the ongoing debate on various
policy than to read DISHA. Each new batch of articles provides a useful and important reality check
on the way that policy debates are framed by the conventional press. A great antidote for
intellectual sterility." Deepa Bisht, Business Week Magazine.
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JULY 2014





Eid ul-Fitr celebrated across Nation
i. Eid-ul-Fitr, which marks the culmination of the fasting month of Ramzan, is being celebrated across the
country on Tuesday.
ii. The announcement came following a meeting of Qadeem Royat Hilal Committee headed by Maulana Mufti
Mohammed Mukkaram, Shahi Imam of Fatehpuri Masjid on Monday.
iii. "The Eid moon has been sighted today. The Eid-ul-Fitr will be celebrated across the country tomorrow,"
Maulana Mufti Mohammed Mukkaram said.
iv. Ramzan, the ninth month of the Islamic lunar calendar, is observed as a fasting period by Muslims who
abstain from food and water from sunrise to sunset and it culminates in Eid-ul-Fitr celebrations.

RBI, Monetary Authority of Hong Kong ink MoU for info exchange
The Reserve Bank of India has inked a memorandum of understanding (MoU) with the Monetary Authority of
Hong Kong for exchange of supervisory information. RBI signed a Memorandum of Understanding (MoU) for
supervisory cooperation and exchange of supervisory information with the Monetary Authority, Hong Kong,
RBI said in a notification.

RBI allows NBFCs to use e-KYC service to verify identity
Non-Banking Financial Companies (NBFCs) have been allowed to accept e-KYC service as a valid process to
verify identity and address proof of customers to reduce risk of fraud and forgery. In order to reduce the risk
of identity fraud, document forgery and have paperless KYC verification, UIDAI has launched its e-KYC
service. Accordingly, it has been decided to accept e-KYC service as a valid process for KYC verification
under Prevention of Money Laundering (PML) (Maintenance of Records), the RBI said in notification
addressed to NBFCs Monday. The RBI said information containing demographic details and photographs
made available from UIDAI via e-KYC platform may be treated as an officially valid document under PML
Rules. The apex bank further asked NBFCs to have proper infrastructure in place to enable biometric
authentication for e-KYC. However, the RBI made it clear that physical Aadhaar card or letter issued by UIDAI
containing details of name, address and Aadhaar number received through post would continue to be
accepted as an officially valid document. Among other options, the RBI said NBFCs may also accept e-
Aadhaar by downloading it from UIDAI website if a customer knows his Aadhaar number. RBI cancels
licenses of six Delhi-based NBFCs. Reserve Bank has cancelled the licenses of six Delhi-based non banking
financial companies following which they would not be able to conduct business. Reserve Bank of India has
cancelled the certificate of registration of the following non-banking financial companies (NBFCs):
1. GE Strategic Investments India,
2. Profound Exports,
3. Two Brothers Holding,
4. Swank Services Private Ltd,
5. Praxis Consulting and
6. Information Services and Credible Microfinance Ltd, RBI said in a notification.

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Following the cancellation of registration certificate, these companies cannot transact the business of a non-
banking financial institution, it added. However, the RBI did not provide any reasons for the cancellation of
certificate of registration. RBI slaps total of RS1.5-cr penalty on 12 banks in Deccan Chronicle Holdings case:
i. The Reserve Bank of India (RBI) has slapped a monetary penalty, ranging from Rs 5 to Rs 40 lakhs, on 12
banks including ICICI Bank, HDFC Bank, Axis Bank, Canara Bank and IDBI Bank, in the case relating to the
loan and current accounts of the troubled Deccan Chronicle Holdings Ltd for violations of its
instructions/directions/guidelines.
ii. The central bank has imposed the maximum penalty on Rs 40 lakh on ICICI Bank; followed by Rs 15 lakh
each on Axis Bank and IDBI Bank.
iii. A penalty of Rs 10 lakh each has been imposed on Andhra Bank, Canara Bank, Corporation Bank,
IndusInd Bank, Kotak Mahindra Bank, State Bank of Hyderabad and Yes Bank, the RBI said in a statement.
iv. HDFC Bank and Ratnakar Bank have been slapped with a penalty of Rs 5 lakh each.
v. The Reserve Bank had carried out a scrutiny of the loan and current accounts of Deccan Chronicle
Holdings Ltd., in certain branches of these banks in late 2013. Based on the findings of the scrutiny, the
Reserve Bank issued show cause notices to these banks in March 2014, to which the individual banks
submitted written replies.

RBI Issues Draft Guidelines For Setting Up Small And Payment Banks
Reserve Bank of India issued draft guidelines for setting up local feel small banks and payment banks which
will disburse small-ticket loans to farmers and businesses. Payment banks will cater to marginalised sections
of the society, including migrant labourers, for collecting deposits and remitting funds. Those type of banks
can be set up with a minimum capital of 100 crore rupees as against 500 crore rupees required for normal
commercial banks. Proposed small banks will provide a whole suite of basic banking products such as
deposits and supply of credit, but in a limited area of operation. Foreign investments in these new category
banks would be as per the FDI policy.

RBI To Issue New Rs. 20 Denomination Notes
RBI will shortly issue rupees 20 denomination banknotes incorporating rupee symbol, with inset letter E, in the
Mahatma Gandhi Series-2005 bearing the signature of Raghuram G Rajan, Governor, RBI said in a release.
These banknotes would bear the year of printing 2014 on the reverse side of the currency. RBI said that the
design of these notes to be issued now is similar in all respects to the rupees 20 banknotes in Mahatma
Gandhi Series-2005, issued earlier. All the banknotes in the denomination of rupees 20 issued by the Bank in
the past will continue to be legal tender

RBI increases diamond imports credit time to 180 days
Reserve Bank has relaxed norms governing import of rough, cut and polished diamonds by doubling the credit
time period to 180 days. It has been decided, in consultation with the government, that the Clean Credit i. e.
Credit given by a foreign supplier to its Indian customer/ buyer, without any Letter of Credit (Suppliers Credit) /
Letter of Undertaking (Buyers Credit) / Fixed Deposits from any Indian financial institution for import of rough,
cut and polished diamonds, may be permitted for a period not exceeding 180 days from the date of shipment,
RBI said in a notification. Earlier, the time frame was of 90 days. RBI also directed banks to ensure that due
diligence is undertaken and Know-Your-Customer (KYC) Norms and Anti-Money Laundering (AML)
Standards, issued by it are adhered to while undertaking the import transactions.

RBI issues draft guidelines for setting up small and payment banks
i. The Reserve Bank of India issued draft guidelines for setting up 'local feel' small banks and payment banks
which will disburse small-ticket loans to farmers and businesses.
ii. The Payment banks will cater to marginalised sections of the society, including migrant labourers, for
collecting deposits and remitting funds.
iii. Such banks can be set up with a minimum capital of 100 crore rupees as against 500 crore rupees required
for normal commercial banks.
iv. The proposed small banks will provide a whole suite of basic banking products such as deposits and supply
of credit, but in a limited area of operation. Foreign investments in these new category banks would be as per
the FDI policy.




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RBI to issue new Rs. 20 denomination notes
i. The RBI will shortly issue rupees 20 denomination banknotes incorporating rupee symbol, with inset letter
E, in the Mahatma Gandhi Series-2005 bearing the signature of Raghuram G Rajan, Governor, RBI said in a
release.
ii. These banknotes would bear the year of printing 2014 on the reverse side of the currency.
iii. RBI said that the design of these notes to be issued now is similar in all respects to the rupees 20
banknotes in Mahatma Gandhi Series-2005, issued earlier.
iv. All the banknotes in the denomination of rupees 20 issued by the Bank in the past will continue to be legal
tender.

RBI increases diamond imports' credit time to 180 days
i. The Reserve Bank has relaxed norms governing import of rough, cut and polished diamonds by doubling the
credit time period to 180 days.
ii. It has been decided, in consultation with the government, that the Clean Credit i. e. Credit given by a foreign
supplier to its Indian customer/ buyer, without any Letter of Credit (Suppliers' Credit) / Letter of Undertaking
(Buyers' Credit) / Fixed Deposits from any Indian financial institution for import of rough, cut and polished
diamonds, may be permitted for a period not exceeding 180 days from the date of shipment," RBI said in a
notification.
iii. Earlier, the time frame was of 90 days.
iv. The RBI also directed banks to ensure that due diligence is undertaken and Know-Your-Customer (KYC)
Norms and Anti-Money Laundering (AML) Standards, issued by it are adhered to while undertaking the import
transactions.

Kargil Vijay Diwas India remembers martyrs with pride, pain
Indian country celebrates the 15th anniversary of its triumph in Kargil War. This is also an important occasion
which invokes feelings of both pain and pride for the families of the brave jawans who laid down their lives
protecting the territory of India from intruders. Our Defence Minister Arun Jaitley, Army chief Bikram Singh,
Navy chief Robin Dhowan and Air Force chief Arup Raha paid honor to martyrs at Amar Jawan Jyoti, India
Gate in New Delhi. 15th anniversary of Kargil Vijay Diwas being observed through out the country today
i. The 15th anniversary of Kargil Vijay Diwas is being observed through out the country today to remember the
sacrifices of jawans who laid down their lives in Kargil war in 1999.
ii. The day started with a solemn wreath laying ceremony at the Drass War Memorial led by Lieutenant
General D S Hooda, GOC-in-C Northern Command of the Indian Army. This was followed by a pledge taken
by all present at the function to rededicate them to the cause of the Nation.
iii. The armed conflict broke out in Kargil when Pakistani soldiers infiltrated into India crossing the Line of
Control (LoC). The Indian Army fought bravely in the high altitude Kargil hills and forced Pakistani troops to
beat a retreat.
iv. Paying tributes to Kargil martyrs, Prime Minister Narendra Modi remembered the indomitable courage and
sacrifice of the Armed Forces on Kargil Vijay Diwas.

Logo Design Competition Launched For Beti Bachao Beti Padhao Campaign
The Union Ministry of Women and Child Development launched a Logo Design
Competition for the Beti Bachao Beti Padhao Campaign. The Union Finance Minister has
announced an initial corpus of Rs. 100 crore for the campaign in the budget for the year
2014-15. The logo for the campaign Beti Bachao Beti Padhao is to be developed
through crowd sourcing with the purpose of including the logo in all advertisements
issued by the Ministry of Information and Broadcasting and also for mass campaign
through conventional and social media.

Three former CJIs made improper compromises, alleges Katju
Former Supreme Court judge Markandey Katju, Chairman of Press Council of India,
on Monday stirred a controversy by alleging that three ex-Chief Justices of India had
compromised in giving extension to an additional judge of Madras High court at the
instance of UPA government in the wake of pressure from one of its allies, apparently
DMK. Mr. Katju made the charge while alleging how the three former CJIs Justices
R. C. Lahoti, Y. K. Sabharwal and K. G. Balakrishnan had made improper
compromises in allowing the judge, against whom there were several allegations of
corruption, to continue in office. iii. These three former CJIs made improper
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compromises. Justice Lahoti who started it, then Justice Sabharwal and then Justice Balakrishnan. These are
CJIs who can surrender. Mr. Katju said since he got many reports that the additional judge concerned was
allegedly indulging in corruption had requested the then CJI Justice Lahoti to get a secret IB inquiry made
about him.

World Bank In terms of GDP, Indias economy is 10th biggest: World Bank
After growing at an average annual rate of just over 6 per cent from 1980 to 2010, Indias
economy is now the 10th biggest in the world in terms of gross domestic product,
according to the World Bank. However, its growth has slowed in recent years, with an
expansion of 4.7 per cent in 2013-2014, up from 4.5 per cent the previous year, the
slowest pace in the previous decade. Indias growth has been largely driven by the
services sector which comprises over half of the economy, while the agricultural,
manufacturing, and especially the industrial sectors have slowed down significantly, according to the latest
quarterly review by the Indian Ministry of Finance. India remains the poorest country among the G20, with per
capita income at $1,499 compared to Chinas $6,807. China, the United States and the United Arab Emirates
are Indias main trading partners, with its most valuable exports being refined petroleum, followed by jewelry,
manufactured drugs, and rice.

Budget-2014-Highlights: Fiscal deficit target at 4.1% of GDP for 2014-15
Finance Minister Arun Jaitley on Thursday said the government will retain the fiscal deficit
target for 2014-15 at 4.1 per cent of GDP and reduce it further to 3 per cent by 2016-17.
Presenting his maiden Budget, the Minister said the prevailing economic situation
presents a great challenge and there was a need to introduce fiscal prudence that will
lead to fiscal consolidation and discipline. Outlining the roadmap for fiscal consolidation,
Mr. Jaitley said fiscal deficit would be brought down to 3.6 per cent in 2015-16 and 3 per
cent by 2016-17. The fiscal deficit which had touched a high of 5.7 per cent in 2011-12,
was brought down to 4.8 per cent in 2012-13 and further to 4.5 per cent in 2013-14. The reduction in fiscal
deficit by the UPA government, he said, was mainly achieved by a reduction in expenditure rather than by way
of realisation of higher revenues.

Tax exemption limit raised to Rs 2.5 lakh. Salaried class has got something to cheer with Finance Minister
Arun Jaitley on Thursday, raising the tax exemption limit to Rs 2.5 lakh from Rs 2 lakh, providing a relief of Rs
5,000. The proposal, according to an estimate, is likely to be benefited about 2 crore tax payers. Similarly, he
raised taxes, exemption limit from Rs 2.5 lakh to Rs 3 lakh in the case of senior citizens. Thus, tax on income
from Rs 2.5 lakh to Rs 5 lakh is retained at 10 per cent, up to Rs 10 lakh at 20 per cent and above 10 lakh at
30 per cent.

FDI limits in the defence sector up to 49 per cent from 26 per cent
The vernment on Thursday allocated Rs 2.29 lakh crore for the Defence Ministry in the Budget, marking an
increase of around 12.5 per cent from the last fiscal as it raised the FDI limit in the defence sector up to 49 per
cent from 26 per cent now. The Ministry was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs
2,24,000 crore in the interim budget presented by the UPA government in February this year. The Ministry
was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs 2,24,000 crore in the interim budget
presented by the UPA government in February this year. Beti Bacho Beti Bachao Beti Padhao Yojana to
create awareness on womens issues. For the safety and welfare of women, Rs 100 crores have been
provided for Beti Bachao Beti Padhao Yojana to generate awareness on the issues. An outlay of fifty crore
rupees has been made for pilot testing of a scheme on safety for women on public road transport. Another 150
crore rupees have been allocated for a scheme to increase the safety of women in large cities. Crisis
management centres will be set up in all districts of the capital, Delhi and private hospitals.
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Union Budget 2014-15
Union Finance Minster Arun Jaitley presented the Narendra Modi Governments maiden Budget for the year
2014-15 on 10 July 2014. Highlights of the Union Budget 2014-15 :-
* The tax bracket has been increased to 2.5 lakh rupees from previous 2 lakh rupees, whereas, for senior
citizen it has been raised to 3 lakh rupees from previous 2.5 lakh rupees
* Tax relief for interest on housing loan rose from 1.5 lakh rupees to 2 lakh rupees
* Deduction under 80C increased from 1 lakh rupees to 1.5 lakh rupees
* No change in surcharge
* No change in Direct Tax rates
* Cigarettes to cost more, excise duty hiked to 72 percent from 11 percent
* Personal computers, electronic goods to be cheaper
* Basic customs duty on LED panel below 19 inch removed
* Soaps and oil products to become cheaper
* Excise duty on footwear reduced from 12 percent to 6 percent
* Excise duty concessions to continue till 31 December 2014
* Annual deposit under PPF scheme rose to 1.5 lakh rupees from previous 1 lakh rupees
* 2037 crore rupees for Ganga cleaning
* 4200 crore rupees for Ganga project river connectivity from Allahabad to Haldia
* 15000 KM of additional pipeline through PPP mode to complete Gas Grid
* 37800 crore rupees proposed for NHAI and State Highways
* 3000 crore rupees for roads in North East
* 1000 crore rupees for improving North East connectivity
* 1000 crore rupees for one rank one pension policy adopted by government
* 11635 crore rupees for habour projects
* 10000 crore rupees set aside for startup firms
* 1000 crore rupees proposed for Pradhanmantri Krishi Seechai Yojana to improve irrigation facility
* 30 crore rupees for setting up Hasthkala Academy for revival of handicrafts
* 14389 crore rupees announced for Pradhan Mantri Gram Sadak Yojna, PMGSY
* 1785 crore rupees for road under-bridges & over-bridges
* 4000 crore rupees for National Housing Bank for flow of cheap housing finance
* 3600 crore rupees for National Rural Drinking Water programme
* 100 crore rupees has been allotted for modernization of Madarasas
* 500 crore rupees for power transmission
* 100 crore rupees allotted for Beti bachao-beti padhao yojna
* 150 crore rupees for safety of women scheme
* Minimum pension of 1000 rupees to meet the expenditure to all subscribers of EPFO scheme
* 1000 crore rupees allocated for PM Irrigation Scheme
* 200 crore rupees has been allocated for the Statue of Unity in Gujarat, Sardar Patel stands as a unity of
statue
* 8000 crore rupees allocated for rural housing scheme
* 2000 crore rupees allocated for new Water Shed programme
* 3600 crore rupees under national rural drinking water programme
* 50000 crore rupees for SC/ST schemes
* 500 crore rupees allocated for setting AIIMS in Andhra Pradesh, West Bengal, Vidharbha and Purvanchal.
Aim is to create an AIIMS in every state
* FDI cap in Defence sector has been raised to 49 percent
* The finance minister in the budget announced steps for sustained growth of 7-8 percent within the next
three-four years
* Separate commission will be constituted to decrease government expense
* Aim to make food and fuel subsidy more targeted so that it helps those who need them
* High-level committee will scrutinize all retro taxes
* No change was made in tax rates retrospectively
* PSU 247944 crore capex to create industrial cycle
* 100 new Smart cities to be developed, 7060 crore rupees fund for smart cities
* Tourism: e-visas to be introduced at nine airports in the country in a phased manner
* Modified REITS (Real estate investment trusts) has been announced for infrastructure projects to reduce
pressure on banking system
* Kisan Vikas Patra has been pushed further
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* New scheme for skill development called Skill India to be launched
* By 2019, every household will have Sanitation
* Shyama Prassad Mukherjee Rozgar mission to be launched
* Gender main-streaming: School curriculum to have a chapter on the issue
* MNREGA will be made more productive by linking it to agriculture related activities
* Women SCGs bank loan scheme to be extended to other districts
* Backward region grant fund for 272 backward districts: BRGF will be restructured
* Under Health for all, free drug and free diagnostic service to be taken
* 12 more government medical colleges to be added
* Open market sale of food grains, wherever required
* National industrial corridor to be set up with Pune at centre
* 10-year Tax holiday for power sector to continue
* War Memorial will be set up at Princess Park, New Delhi
* To augment power supply in rural areas Deen Dayal Upadhaya Gram Jyoti Yojana to be launched
* Composite cap on FDI in insurance proposed to be raised to 49 percent from 26 percent
* 15 Model Rural Health Research centers for rural health issues
* National multiscale Skill India programme to provide training and support for employment
* 15 new Braille presses to be established and 10 existing to be revived

Union Railway Budget 2014-15
Union Railway Minister D.V. Sadananda Gowda on 8 July 2014 presented his first Railway Budget in
Parliament. This is the first rail budget presented by any Bharatiya Janata Party (BJP) minister and it is also
Sadanand Gowdas first rail budget.
Union Railway Budget 2014-15 Highlights :-
* No new increase in passenger fares and freight charges
* Bullet train on Mumbai-Ahmedabad Sector
* Diamond quadrilateral for high speed trains
* Plan to hike speed of trains to 160-200 km/hr in 9 sectors
* Online booking to support 7,200 tickets/minute; to allow 1.2 lakh users log in simultaneously
* Women RPF Constables to escort ladies coaches; 4,000 women constables to be inducted
* Feedback services through IVRS on quality of food
* Cleanliness budget up by 40 pc over last year
* 58 new trains and extension of 11; 864 additional EMUs to be introduced in Mumbai over 2 years
* FDI in railway projects, except in operations.
* FDI, domestic investments in rail infrastructure
* Office-on-Wheels: Internet & Workstation facilities on select trains
* Wi-Fi in A-1, A category stations and in select trains
* Rail university for technical and non-technical subjects
* Loss per passenger per kilometre up from 10p (in 2000-01) to 23p (2012-13)
* Solar energy to be tapped at major stations
* Highest ever plan outlay of Rs 65,455 crore for 2014-15
* Expenditure in 2014-15 pegged at Rs 149,176 crore.
















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JULY 2014
INTERNATIONAL




Israel rejects ceasefire plan, death toll nears 850
Israel has rejected international proposals for a ceasefire in its fight against Islamist militants in Gaza, a
government source said on Friday, but U.S. Secretary of State John Kerry said no formal proposals had yet
been put forward. As diplomacy faltered, the warfare raged on. Gaza officials said Israeli strikes killed 55
people on Friday, including the head of media operations for Hamas ally Islamic Jihad and his son. They put
the number of Palestinian deaths in 18 days of conflict at 844, most of them civilians.

China Pledges More Support For Afghanistans Development
China would like to see a smooth transition of power in Afghanistan and will give more support for the
countrys settlement and economic development, Chinas newly-appointed Special Envoy for Afghan Affairs
Sun Yuxi said on Friday. Former foreign minister Abdullah Abdullah and former finance minister Ashraf Ghani
on separate occasions since his arrival Wednesday, Xinhua reported are the words said by Sun when he had
had talks with President Hamid Karzai and presidential candidates.

India & Nepal to boost cooperation in defence, security, trade & investment
i. India and Nepal have agreed to take the bilateral ties to a new level. They will boost cooperation in diverse
areas including defence, security, trade and investment, water resources and border issues.
ii. This was decided today at the first meeting of the Joint Commission held in Kathmandu after a gap of 23
years. The Meeting was co-chaired by External Affairs Minister Sushma Swaraj and her Nepalese counterpart
Mahendra Bahadur Pandey.
iii. The meeting agreed on setting up an Eminent Persons Group to identify new areas of cooperation and
suggest measures to help both the countries seize all possible opportunities.
iv. The meeting deliberated on issues relating to defence and security and agreed to expand cooperation.

EU Extended Sanctions On Russia
European Union (EU) extended the sanctions on Russia in wake of the Malaysian Airplane MH-17 crash that
happened over eastern Ukraine in third week of July 2014. The sanctions were approved by the Committee of
Permanent Representatives of the European Union (EU) at a meet in Brussels, Belgium.

Ukrainian Prime Minister Arseniy Yatsenyuk Resigned
Ukraine Prime Minister Arseniy Yatsenyuk resigned from his post from Verkhovna Rada (The Parliament of
Ukraine) after his governing coalition collapsed. The collapse of the ruling coalition will lead to early elections,
which will be called by the President Petro Poroshenko within 30 days.

India votes in support of UNHRC resolution on Gaza
i. India along with BRICS countries on Wednesday voted in support of a UN Human Rights Council resolution
to launch a probe into Israels offensive on Gaza.
ii. India joined Brazil, Russia, China and South Africa to vote for a Palestinian-drafted resolution on Ensuring
Respect for international law in The Occupied Palestinian Territories, including East Jersusalem.
iii. In the 47-member council, 29 countries voted in support of the resolution while 17 nations abstained.
iv. The U.S. was the only nation to vote against the resolution. European countries abstained.
v. The voting came as bloodbath in the Gaza Strip continued unabated today with Israel and Hamas refusing
to back down in the 16-day conflict that has killed over 680 Palestinians and 31 Israelis.
vi. Earlier, India asked Israel and Palestine to demonstrate political will to agree to a ceasefire and return to
the negotiating table.




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World Bank commits $15-18 bn to India in next 3 years
i. 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.
ii. It will step up its lending to India to 5 to 6 billion dollars annually over the next three
years from the earlier commitment of 3 to 5 billion dollars a year.
iii. The World Bank President Jim Yong Kim endorsed the government's committment on
reforms and said the multilateral agency will support the development initiatives with financing as well as
knowledge and capacity building. He said, the new government would like to return to a growth rate of 9
percent.

India unchanged at 135th spot in UN's HDI report
i. India is ranked 135 in Human Development Index, HDI report which was released by the United Nations
Development Programme, UNDP in Tokyo today.
ii. Accoding to the report, the country's ranking in the HDI remained unchanged at 135 out of 187 countries in
2013, reflecting little improvement in the living standard of its people.
iii. The report also mentioned that India's HDI value for 2013 is 0.586 which falls in the medium human
development category.
iv. Between 1980 to 2013, India's HDI value increased from 0.369 to 0.586.
v. The report further said that India is the lowest performing country among the BRICS nations in all categories
of the HDI with the exception of life expectancy, which is lower in South Africa as a result of the HIV/AIDS
epidemic.

Bolivia legalized Child Labor for Kids from Age 10
Bolivia on 18 July 2014 passed a law to legalise child labour for kids from age 10. The bill was approved by
Bolivian Congress in June 2014. The bill was signed into law by the Vice President of Bolivia. Under the
legislation, 10-year-olds will be able to work as long as they are under parental supervision and also attend
school. It sets 12 as the minimum age for a child to work under contract. They also would have to attend
school. The bill also offers safeguards for working children like the bill sets harsher punishment of 30 years for
violence against children.

India among highest investors in UK
Indian projects figure among the highest foreign investment in Britain in the last financial year, a year that saw
the highest inward investment into the country since the 1980s, official sources here said. Of the top ten
source-countries for investment in Britain, India ranks seventh, with 74 projects during 2013-14. The figures
were released before the Commonwealth Games Business Conference in Glasgow on Tuesday and
Wednesday which will showcase to the worlds business and political leaders all that the UK has to offer. The
USA led the way as the largest source of FDI projects for the UK, generating 501 projects, up 27%. The top
Commonwealth country for FDI is Canada. Canadian investment reached new heights in 2013/14, with 89
projects, up an encouraging 41%.

India To Host 7th IBSA Summit In 2015
India will host the 7th IBSA (India-Brazil-South Africa) summit in 2015. This will be the third time New Delhi will
be hosting the IBSA summit since it started in 2006. While the inaugural edition of the summit was held in
Brazil, India played host to the third edition in 2008 and the sixth in 2013. IBSA is a trilateral initiative amongst
three different societies of three different continents in India, Brazil and South Africa. It was formed with an
aim to promote South-South cooperation and exchange of like-minded countries, committed to inclusive
sustainable development. The group was formed on 6 June 2003 with the adoption of the Brasilia Declaration
followed by a meet of foreign ministers of the three countries in Brasilia.

Next BRICS Summit is going to be held in Russia
The next years BRICS Summit will be obtained in the Russian city of Ufa after the groupings successful
meeting in Brazil that saw an agreement being reached on establishing a development bank and a
contingency reserve arrangement Brazil, India, China and South Africa convey their appreciation to Russia
for its offer to host the Seventh BRICS Summit in 2015 in the city of Ufa and extend their full support to that
end, the BRICS leaders said in the Fortaleza Declaration. Ufa is the capital city of the Republic of
Bashkortostan, Russia, and the industrial, economic, scientific and cultural center of the republic. The sixth
summit held here was attended by Prime Minister Narendra Modi, Presidents Vladimir Putin of Russia, Xi
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Jinping of China, Jacob Zuma of South Africa and Dilma Rousseff of Brazil, as they deliberated on global
economic, political and strategic issues.
BRICS Summit last night decided to establish the New Development Bank with an initial authorized capital of
USD 100 billion for which the initial subscribed capital will be equally shared by the founding members, a point
New Delhi emphasized to prevent domination by anyone of the members. During the summit, agreement was
also reached on establishing a contingency reserve arrangement with an initial size of USD 100 billion.
Russia, India, China and South Africa also extend their warm appreciation to the Government and people of
Brazil for hosting the Sixth BRICS Summit in Fortaleza.

India is Going to host IBSA Summit next year
India will host the next summit of IBSA (India, Brazil, South Africa) in New Delhi in 2015, giving importance to
the grouping notwithstanding the BRICS form of which these countries are also members. This was agreed to
at a meeting Prime Minister Narendra Modi had with South African President Jacob Zuma in Brasilia on
Wednesday night on the sidelines of the summit BRICS leaders held with South American leaders. New Delhi
will also host the India, Africa Forum is meeting this December. Both leaders recognized the importance of
IBSA as a forum of members who have long established democracies and similarities of views on various
matters of the international agenda of political and economic consequences.

IMF welcomes to the establishment of BRICS bank
The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating
that it is ready to work with the Banks leadership. IMF staff would be delighted to work with the BRICS team
dedicated to this project with a view to reinforcing the cooperation among all parts of the international safety
net intended to preserve financial stability in the world, she said. The IMF has a very strong relationship with
all the BRICS nations, which are key members of this institution. We look forward to further strengthening our
collaboration, she added. Meanwhile, the US refrained from making any comment on the move to set up the
development bank aimed at reshaping the international financial system dominated by the West, saying that
the details are yet to emerge.

India and Brazil signed three agreements to strengthen the bilateral relation
India and Brazil on 16 July 2014 signed three agreements during the sixth BRICS Summit in Fortaleza, Brazil.
The agreement was signed by the Prime Minister of India Narendra Modi and Brazilian President Dilma
Rousseff at the Brazilian President official residence The Itamaraty Palace.
Narendra Modi was on a visit to Brazil to attend the 6th BRICS Summit being held in Fortaleza, Brazil from 15
July to 16 July 20. The three agreements signed between the two countries are:
MoU on Cooperation in the Field of Environment
Agreement on Space
MoU on Cooperation in the Establishment of a consultation mechanism for mobility and consular
issues.

North Korea Fires 2 Ballistic Missiles
North Korea fired two short-range missiles into the sea.The missiles were fired from the northern part of the
southern border city of Kaesong, about just 20 kilometres from the military demarcation line.Their range
appear to be around 500 kilometres (310.7 miles).

PM Narendra Modi set to leave for Brazil to participate in the VIth BRICS Summit
Prime Minister Narendra Modi is all set to participate in the VIth BRICS Summit in Fortaleza and Brasilia,
Brazil from 14 to 16th of July. He will embark upon his important journey on 13th of July. This will be his first
multi-lateral meeting with the heads of BRICS countries, the growing world economies such as Brazil, China,
Russia and South Africa. The PM is also scheduled to have important bilateral meetings with President of
China, Mr Xi Jinping on 14th July. On the same day, Shri Narendra Modi will have bilateral dialogues with
Russian President Vladimir Putin. In summary, BRICS opens for its five members a space for dialogue, the
identification of convergences and consultation regarding various topics, and expands contacts and
cooperation in specific sectors. India is the second biggest economy on Purchase Power Parity parameter in
the group after China. With its huge population and resources, in terms of skilled manpower and sizeable
young generation, India is one of the fastest growing economies of the world. In such a case, India is all set to
play a vital role in BRICS organization as well as on the world platform under the zeal and vigour of a new
government led by Shri Narendra Modi.

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India and UK to launch civil nuclear cooperation
India and United Kingdom decided to launch negotiations for civil nuclear cooperation. The decision was taken
during the visit of UK foreign secretary of state William Hague to India. He visited India on 7- 8 July 2014. The
Union External Affairs Minister, Sushma Swaraj and UK foreign secretary of state William Hague had
discussions on a variety of issues related to bilateral, regional and global issues of mutual interest. At present,
the Bilateral trade between the UK and India stands at 15 billion US dollars. Typhoon Neoguri makes landfall
on Japans southern main island Typhoon Neoguri slammed into Japans southern main island early today
after lashing the Okinawa island chain, with three people killed as powerful winds and torrential rains battered
the country. The typhoons winds slowed somewhat overnight, with the storm packing gusts of up to 126
kilometres (78 miles) per hour as it moved east at 25 kilometres per hour.

Japan Issued Multiple Entry Visas To Indians
Japan issued multiple entry visas for short term stay to Indians. The visas will allow Indian visitors to spend up
to 15 days on a visit and the visas are likely to be valid for three years. The decision will increase the number
of Indian tourists to Japan and improve convenience in business activities and further development of bilateral
exchanges between the two countries.


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JULY 2014
NATIONAL








WB loan to West Bengal for Gram Panchayat improvement
i. The World Bank will give around one thousand two hundred crore rupees loan to the
West Bengal Government for improvement of a thousand Gram Panchayats in the State.
ii. Giving this information in Kolkata, State Panchayat Minister Mr. Subrata Mukherjee
said that the funds will be utilised in 9 districts to bring a thousand Panchayat bodies
under the Nirmal Gram Panchayat scheme in the next five years.

Law Commission recommends fixed tenure for CJI
i. Same retirement age of 65 for Supreme Court and High Court judges, a cooling-off period for judges after
retirement and a fixed tenure for Chief Justice of India.
ii. These are the three changes Law Commission Chairperson A.P. Shah has recommended in his note to
Union Law Minister Ravi Shankar Prasad.
iii. Justice Shah's note titled A Judicial Appointments Commission for India: A Proposal became the central
point of debate between the Law Ministry and eminent jurists on Monday.

Govt launches Rashtriya Gokul Mission
Government has launched the Rashtriya Gokul Mission to promote conservation and development of
indegenous breeds in a focused and scientific manner. The mission aims at enhancing milk production,
upgrading non-desrcipt cattle using elite indegenious breeds and distribute disease free high genetic bulls.
Agriculture Minister Radhamohan Singh launched the mission in New Delhi.

IAF receives 6th C-17 Globemaster III aircraft
Indian Air Force on Monday received its sixth C-17 Globe master heavy lift transport aircraft which also carried
a World War II vintage Harvard aircraft in its belly. C-17 is the biggest aircraft in IAFs inventory and the
government had accorded approval to buy 10 C-17 Globemaster III along with associated equipment for the
IAF in June 2011. The first aircraft touched down in India on June 18 last year and the delivery of all 10 is
expected to be to be completed by December 2014.

Malabar Naval Exercise featuring Indian, Japanese and US Navy started
i. Malabar Naval exercise 2014 started in the Pacific Ocean. Malabar naval exercise 2014 is the 18th edition of
the Malabar series conducted to enhance multinational maritime relationships and mutual security issues.
ii. Japan is participating in the Malabar exercises for the third time since it first participated in 2007.

Highlights of the Exercise
The exercise will feature both ashore and at-sea training. The ashore exercise at Port Sasebo in Tokyo, Japan
will take place from 24 July 2014 to 26 July 2014.


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ECONOMY



Textile policy aims to create 35 mn jobs, $300 bn exports
The draft National Textile policy, aims at achieving 300 billion dollars exports by 2024-25 and creation of
additional 35 million jobs by attracting investments. The draft Vision, Strategy and Action Plan for Indian
Textiles and Apparels was presented to the Textiles Minister Santosh Kumar Gangwar yesterday. Expert
Committee Chairman Ajay Shankar presented the blueprint to the Minister. Ministry of Textiles had initiated
the process of reviewing the National Textile Policy, 2000, keeping in view the various changes in the textile
industry on the domestic and international fronts and an Expert Committee was constituted to make fresh
recommendations.

Gujarat tops in power sector investments
A recent study report prepared by Assochams Economic Research Bureau has showed that Gujarat topped in
new investments attracted by the power sector during the period 2004-05 and 2012-13. The study titled:
State-wise analysis of power sector: Consumption, demand & investment showed that during the period,
Gujarat attracted 17 per cent or Rs. 5.3 lakh crore worth of investments out of the total new investments worth
over Rs. 31.3 lakh crore by power sector (public and private sources) across India. During 2012-13, out of the
total new investments worth over Rs. 1,560 crore by the power industry in Gujarat, private sector accounted
for 56 per cent. The report also noted that Gujarat has registered significant improvement in power situation,
as the percentage of non-starter projects has reduced from almost half as of 2004-05 to about 29 per cent as
of 2012-13.

Cabinet clears 49% FDI in insurance with Indian control
The Cabinet on Thursday approved 49 percent foreign investment in insurance companies through the FIPB
route ensuring management control in the hands of Indian promoters. The Cabinet Committee on Economic
Affairs has approved raising of FDI cap in insurance sector to 49 percent from 26 percent," sources said after
a meeting of the CCEA, headed by Prime Minister Narendra Modi on Thursday. With the Cabinet approving
the amendments to the long pending Insurance Laws (Amendment) Bill, it will now be taken up by Parliament.
The proposal to raise FDI cap has been pending since 2008 when the previous UPA government introduced
the Insurance Laws (Amendment) Bill to hike foreign holding in insurance joint ventures to 49 percent from the
existing 26 percent.

PF account holders to soon receive universal numbers
From October 15, employees will not have to apply for transfer of their provident fund (PF) accounts while
switching jobs anywhere in India. All the Employees Provident Fund Organization (EPFO) is speeding up
work on universal account numbers (UANs) for subscribers. Once a UAN is allotted to an employee, he or she
need not go through his or her employer to provide details to EPFO, unlike now. There will be no need for an
individual to go through the employer

Guidelines for setting up TReDs for MSMEs issued
RBI has issued plan guidelines for setting up and operating a Trade Receivables Discounting System in order
to facilitate financing to micro, small and medium enterprises (MSMEs) and to help them convert trade
receivables into liquid funds. RBI said that there is a need to address this pan-India issue through setting up of
an institutional mechanism for financing trade receivables for MSMEs. As per the general guidelines, TReDS
will facilitate the discounting of both invoices as well as bills of exchange.

Tamil Nadu Govt To Issue Industrail Licences Online
Tamil Nadu Chief Minister J Jayalalithaa on 23 July announced that the process of issuing licences for new
industries would be done through a web portal. The step was taken in order to simplify the process involved
for registration of new industries in the state. The new portal, apart from issuing the industrial licenses, will
also help the general public and industrialists in finding out about new government schemes.

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JULY 2014
CORPORATE




















Flipkart raises $ 1bn in fund highest in Indian e-commerce
Flipkart on Tuesday announced it has raised $1 billion (Rs 6,000 crore), the largest ever fund-raising by an
Indian internet company. The company declined to disclose the valuation at which it has raised funding.
However, according to multiple people involved in the deal, the Bangalore-based company is now valued at
about $7 billion. This is a great milestone for Flipkart and for internet companies in India. It is a whole new
benchmark we have set, said Sachin Bansal, co-founder and chief executive. The company has so far raised
over $1.7 billion in risk capital funding. In May, Flipkart raised $210 million led by Russian billionaire Yuri
Milners DST Global a few days after announcing its acquisition of fashion portal Myntra. Seven-year-old firm
was valued at $2.6 billion at the time.

Australia approves Adanis $15.5 bn Carmichael coal project
The Australian government has approved billionaire Gautam Adani promoted Adani Goups proposed $16.5
billion (US $ 15.5 billion) Carmichael Coal Mine and Rail project subject to set of environmental conditions.
Minister of Environment, government of Australia, Greg Hunt on Monday approved the project which is touted
to be one of the worlds biggest coal mines. The Rs 50,000-crore Adani Group through its Australian
subsidiary Adani Mining Pty Ltd in mid 2010 had proposed to develop a 60 million tonne per annum (Mtpa)
thermal coal mine in the north Galilee Basin in Central Queensland. All coal will be railed via a privately owned
rail line and shipped through coal terminal facilities at the Port of Abbot Point and/or the Port of Hay Point
(Dudgeon Point expansion). The Carmichael Coal Mine spread over area of approximately 44,700 hectares
and 189 km rail project will have an operating life of approximately 90 years.

Microsoft Corporation Looks To Quantum Computing To Break New Grounds
Microsoft Corporation looks to quantum computing to break new grounds. Microsoft Corporation has
apparently hired the worlds top-notch mathematicians, physicists, computer scientists and researchers for
Station Q to change how computing will work in the future. Microsoft Research Station Q page shows Michael
Freedman, Technical Fellow, as saying, Our lab combines researchers, theorists, and experimentalists from
mathematics, physics, and computer science, and we partner with academic and research institutions around
the globe.

TCS becomes first Indian company with market value of over Rs 5 lakh crore
Tata Consultancy Services (TCS) has become the first Indian company with a market capitalization of Rs 5
lakh crore. TCS shares which hit their 52-week high on the bourses today, closed 2.21 per cent higher at Rs
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2,586.9. At the closing price, TCS market cap amounted to Rs 5,06,703 crore. TCS is now followed by ONGC
(Rs 3.5 lakh crore) and Reliance Industries (Rs 3.3 lakh crore).

YES Bank, Transfast launch instant money transfer service for NRIs
i. YES Bank and international money transfer company Transfast, have launched an online money transfer
service with instant deposits to NRI customer accounts with any bank in India.
ii. This service facilitates real-time deposit of funds to all banks currently connected to the National Payments
Corporation of Indias (NPCI) platform for inward remittances and is available 24 hours a day/7 days a
week/365 days a year, YES Bank said in a statement.
iii. Arun Agarwal, Group President, International Banking Division, YES Bank, said, YES Bank is proud to
partner with Transfast in introducing this innovative technology to transfer money from the USA and Canada to
India at lightning speed. This service will provide great convenience to our customers in North America and
provide an instant credit confirmation to them for deposits into their recipients accounts.

Canara Bank signs Rs1,170-cr loan pact for Kochi Metro
Canara Bank signed an agreement with the Kochi Metro Rail Ltd on Sunday for a loan of Rs 1,170 crore to the
Rs 5,200-crore Kochi Metro project. This is the largest loan offered by Canara Bank, which is Keralas lead
bank, to a single entity in the State. RK Dubey, CMD of Canara Bank, who signed the agreement with KMRL
Managing Director Elias George, said the bank was willing to support the project further.

AirAsia India starts Bangalore-Kochi flight service
Air Asia India, which stated operations in the country on June 12, now has services to Goa, Chennai and
Kochi from Bangalore. Air Asia flight from Bangalore landed in Kochi six minutes before the scheduled arrival
time of 9.55 am. The return flight also took off three minutes before the scheduled departure time of 10.20
am, a Cochin International Airport.

Govt slaps USD 579 mn additional penalty on RIL
i. The government has slapped an additional penalty of USD 579 million on Reliance Industries for producing
less than targeted natural gas from its KG-D6 block, Oil Minister Dharmendra Pradhan said.
ii. With this, the total penalty on RIL for missing the target in four fiscal years beginning 1st April 2010 now
stands at a cumulative USD 2.376 billion.

Air India is now part of Star Alliance
Air India on Friday formally became a member of Star Alliance, a conglomeration of 26 overseas airlines.
This is an important day for us. We have said for many years that we needed a strong home carrier in the
Indian market and by welcoming Air India to our Star Alliance family, we have achieved this goal, said Star
Alliance Chief Executive Mark Schwab. Rohit Nandan, Air India Chairman and Managing Director, said: Air
India is proud to be a member of this prestigious airline Alliance.

World Bank to give $153 mn loan for Odisha project
India has inked a loan agreement with World Bank for an assistance of $153 million
(about Rs 920 crore) for the Odisha Disaster Recovery Project. The Loan Agreements
for World Banks International Development Association (IDA) assistance of $153
million for Odisha Disaster Recovery Project were signed here on Friday between the
Government of India and the World Bank, an official statement said. The objective of the
project is to restore and improve housing and public services in targeted communities of
Odisha, and increase the capacity of the state entities to respond promptly and effectively to an eligible crisis
of emergency, the statement said.

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JULY 2014

SPORTS



Sabine Lisicki Sets Record For Fastest Serve In Womens Tennis
Sabine Lisicki of Germany created a record of fastest serve in the womens tennis. Lisicki set the record by
serving at 131 miles per hour during the first-round loss in the Bank of the West Classic Stanford, USA. The
previous record of fastest serve in womens tennis was held by Venus Williams achieved at the 2007 US
Open, at a speed of 129 miles per hour.

CWG 2014: Sushil, 2 others bag gold for India on first day of wrestling
i. Star grappler Sushil Kumar led India's sparkling show in the wrestling arena as the country claimed three
gold medals on the first day of the wrestling competitions at the Commonwealth Games at Glasgow on
Tuesday.
ii. Sushil expectedly bagged gold in men's 75kg freestyle category while Amit Kumar won the yellow metal in
men's 57kg while Vinesh Phogat finished on top in women's 48kg at the SECC Hall.
iii. Rajeev Tomar, however had to settle for a silver in the mens 125 kg freestyle event.

Moeen Ali banned from wearing Save Gaza wristbands for England
English all-rounder Moeen Ali has been banned from wearing Save Gaza and Free Palestine wristbands till
the remainder of the third Test match against India in Southampton. ICC match referee David Boon inflicted
the decision upon Ali.

South African Tim Clark wins Canadian Open golf
South African Tim Clark clinched his second PGA Tour title when he sank a six-foot par putt to beat American
Jim Furyk by one stroke at the Canadian Open on Sunday.

Jitu Rai wins Gold in 50m Pistol event in CWG; Gurpal Singh bags Silver
Shooting brings two early medals on 5th day of Glasgow Commonwealth Games. In the 50m Pistol event, Jitu
Rai have secured Gold whereas his compatriot Gurpal Singh won the silver.

CWG judo event: Rajwinder wins bronze in womens +78kg
Indias Rajwinder Kaur bagged a bronze in womens +78kg judo competition to add to the three medals the
country won in the sport at the 20th Commonwealth Games on Saturday. Indian judokas has already created
history by winning the highest number of medals in any Commonwealth Games. Cycling Italys Vincenzo
Nibali wins 101st edition of Tour de France Italian Vincenzo Nibali won the 101st edition of the Tour de France
in cycling as he finished the final stage on the Champs Elysees in Paris safely in the peloton. Nibali is the sixth
man to win all three Grand Tours, the Tour de France, Giro dItalia and Vuelta a Espana.

CWG 2014 Indias Santoshi Matsa Bags Bronze In Weightlifting
Indias fifth medal from the weightlifting event 2014 after winning two gold, a silver and a bronze on the
opening day of the event. Indias good show in the weightlifting arena continued as young Andhra Pradesh girl
Santoshi Matsa grabbed the bronze medal in the womens 53 kg category at the Commonwealth Games on
Friday. A 20-year-old Santoshi lifted a total of 188 kg in snatch and clean and jerk to get the bronze as 16-
year-old Nigerian schoolgirl Chika Amalaha won the gold with a total lift of 196 kg. Veteran Papua and New
Guinea lifter Dika Toua, who is a mother of two, took the silver with a total lift of 193 kg. Swati, on her part,
failed on two attempts to lift 103 kg and 106 kg respectively as she had to patch up with a total score of 183
kg.

CWG 2014 Abhinav Bindra wins gold in 10m air rifle
31-year-old Bindra kept his nerve to take the honour in his favourite 10m air rifle event with a final games
record score of 205.3 to bring cheers for the Indian deputation. Indian shooters was at full display as star
marksman Abhinav Bindra and unheralded teenager Malaika Goel clinched a gold and silver medal
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correspondingly to add to the tally of medals for their country on Day 2 of the 20th Commonwealth Games.
India was placed fourth on the medals table with a tally of 3 gold, 4 silver and two bronze behind toppers
England (18), Australia (15) and Scotland (10).

CWG 2014 Indian men, women table tennis teams win at Glasgow
The Indian women thrashed Kenya 3-0 in Pool D. Indian men and women table tennis teams jagged up wins
in their respective pool matches of the 20th Commonwealth Games being held at the Scotstoun Sports
Campus here on Friday.
CWG 2014: Sanjita Khumukcham bags India's first gold in Glasgow
i. Sanjita Khumukcham and Mirabai Chanu Saikhom bagged a gold and silver, respectively, in women's 48kg
weightlifting in a display of overwhelming domination to open India's medal account on the opening day of the
competition in the 20th Commonwealth Games on Thursday.
ii. Sanjita won with a total lift of 173kg (77+96) while Mirabai grabbed the silver with a cumulative effort of 170
(75+95) in the absence of other strong competitors.
iii. Nigerai's Nkechi Opara was a distant third with 162 (70+92).
iv. Sanjita's total of 173kg missed the Games record, held the name of 2010 CWG gold winner Augustina
Nkem Nwaokolo (175kg effort) by two kilograms. Sanjita's 77kg effort in snatch however equalled Nwaokolo's
Commonwealth Games record.

CWG: India off to fine start; Medal tally at 2 gold, 3 Silver & 2 Bronze
i. India had fine start on day one of the 20th Commonwealth Games. India bagged 2 Gold 3 Silver and 2
Bronze yesterday.
ii. Today India is participating in 12 events: Badminton, Boxing, Cycling, Hockey, Judo, Lawn ball,Rhytmic
Gymnastics, Shooting, Squash, Swimming, Table Tennis and Weightlifting.
iii. In shooting, India's former Olympic Gold Medallist Abhinav Bindra have qualified for finals of 10m Air Rifle
event along with Ravi Kumar. Bindra stood third in qualification with Kumar following him. This is Abhinav
Bindra's last Commonwealth Games appearance. Earlier, today former world number one Heena Sidhu and
Malaika Goel qualified for the finals in Women's 10m Air pistol event. Sidhu qualified with highest point of 383
and Goel stood fourth with 378 points.
iv. Indian Men's Hockey team have started their campaign with 1-3 victory over Wales in it's opening
preliminary match. For India Gurwinder Chandi, Rupinder Singh and Raghunath Ramachandra found net. The
lone goal came from Welsh was scored by Andrew Cornick.

India clinches two gold medals in weightlifting
i. India ran away with opening day honours in the weightlifting competition of the 20th Commonwealth Games
with Sukhen Dey and K. Sanjita Chanu winning the gold medal in their respective events on Thursday.
ii. The Indian team bagged four out of six medals on offer on day one of the competition on Thursday.
iii. Sanjita and Saikhom Mirabai Chanu opened Indias campaign on a flying note by winning a gold and silver
respectively in womens 48kg before Dey and Ganesh Mali bagged with first and third position in mens 56kg
to cap a remarkable day for the Indians at the Clyde Auditorium.
iv. The 25-year-old Dey lifted a total of 248kg (109+139) after trailing at the halfway snatch stage, but came
back strongly in clean and jerk to win the gold. He had also won a silver in the 2010 Delhi CWG besides
bagging a gold in the 2013 Commonwealth Championships in November last year. India is now participating in
12 events Badminton, Boxing, Cycling, Hockey, Judo, Lawn ball,Rhytmic Gymnastics, Shooting, Squash,
Swimming, Table Tennis and Weightlifting. In shooting, Indias former Olympic Gold Medallist Abhinav Bindra
have qualified for finals of 10m Air Rifle event along with Ravi Kumar. Bindra stood third in ability with Kumar
following him. This is Abhinav Bindras last Commonwealth Games appearance. Earlier, today former world
number one Heena Sidhu and Malaika Goel qualified for the finals in Womens 10m Air pistol event. Sidhu
qualified with highest point of 383 and Goel stood fourth with 378 points. Indian Mens Hockey team have
started their campaign with 1-3 victory over Wales in its opening preliminary match. For India Gurwinder
Chandi, Rupinder Singh and Raghunath Ramachandra found net. The lone goal came from Welsh was scored
by Andrew Cornick.

CWG: India blow away Ghana 5-0 in mixed team badminton
i. The Indian its Commonwealth Games campaign with a dominating 5-0 win over minnows Ghana in a Group
badminton team launched B match of the mixed team event at the 20th edition of the multi-sport event in
Glasgow on Thursday.
ii. India hardly broke any sweat as Parupalli Kashyap started the proceeding, spanking Daniel Sam 21-6 21-16
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in a 27-minute men's singles match to put his team in the driver's seat right from the start.
iii. World Championship bronze medallist P V Sindhu then taught Stella Amasah a lesson or two in badminton
with a 21-7 21-5 victory in the women's singles competition to give India a 2-0 lead.
iv. Men's doubles pair of Akshay Dewalkar and Pranaav Chopra thrashed Emmanuel Donkor and Abraham
Ayittey 21-7 21-11 in just 22 minutes to make it 3-0 in India's favour.
v. India will next take on Uganda.

Hero Motor Cop to be title sponsor of Indian Super League
Hero Moto Cop, a two wheeler manufacturer, has signed a three year deal to be the title sponsor of the Indian
Super League, the initial contract based football league in the country. This sponsorship, the new football
league, promoted by IMG-Reliance and Star India, would be called the Hero Indian Super League. And
franchise based tournament is programmed to start on September 19, 2014, and is based on the lines of
Major League Soccer of the United States. Eight clubs participating includes Atletico de Kolkata, Delhi
Dynamos FC, NorthEast United FC, Kerala Blasters FC, Team Goa, Team Pune, Team Mumbai and Team
Bangalore.

Cricket India wins Lords Test against England by 95 runs
India beat England by 95 runs in the second cricket test at Lords to take a 1-0 lead in the five-
match series. Ishant Sharma claimed 7 wickets to bowl India to their first overseas win since
2011. It was also Indias second victory and the first since 1986 at Lords.

India Won Five Medals at 45th International Physics Olympiad (IPHO2014)
The Indian Contingent has won five medals in 45th International Physics Olympiad (IPHO2014) held in
Astana, Kazakhstan from 13 22 July 2014. India has won 2 gold medals and 3 silver medals in the
Olympiad. 84 countries participated with 374 of the brightest students from across the world in the
competition. Aniket Bajpai (Maharashtra) and Chitraang Murdia (Rajasthan) won gold medals while Bure
Vidya Sagar Nadin, Srikakulam(AP) Gurukirat Singh Bajwa, Hoshiarpur (Punjab) and Rupanshu Ganvir
(Maharashtra) secured silver medals.

Irishman Rory McIlroy won British Golf Open 2014
Irishman Rory McIlroy won the British Golf Open Championship 2014 held
at Royal Liverpool Golf course in Holyake, United Kingdom on 20 July
2014. Spains Sergio Garcia (L) and US golfer Rickie Fowler finished two
strokes behind McIlory to finish in second position.

Wozniacki routs Vinci for Istanbul title
Top seed Caroline Wozniacki won her first title of the year and 22nd of her career on Sunday when she
defeated second-seeded Italian Roberta Vinci 6-1, 6-1 in the Istanbul WTA final.

Nico Rosberg Won German Grand Prix 2014
Nico Rosberg of Germany won the German Grand Prix F1 title on 20 July. It was fourth win of the season
and the first at a home race for Rosberg belonging to the Mercedes team. Valtteri Bottas (Williams) captured
second place while Rosbergs Mercedes teammate Lewis Hamilton took third place.

Delhi Dynamos goes Dutch ahead of Indian league
i. With the FIFA World Cup fever over last Sunday, India is gearing up for its own football league, the Indian
Super League (ISL). Sameer Manchanda, owner of the Delhi franchise of ISL, Delhi Dynamos FC, is
convinced that football has arrived in India and its just the right time to invest in the sport.
ii. On Thursday, DEN Soccer, a wholly-owned subsidiary of DEN Networks which owns the Delhi franchise,
Delhi Dynamos FC, announced its tie up with Feyenoord, a Dutch professional football club from Rotterdam.
iii. Under this alliance, Feyenoord will assist Delhi Dynamos in overall development of its team, besides
providing its international players and technical staff to the franchise. ISLs first edition is slated for kick off in
September.





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Dunga tipped to return as Brazil coach
i. Brazils 1994 World Cup-winning captain Dunga has emerged as a favourite to replace Luiz Felipe Scolari as
coach of the Selecao.
ii. The 50-year-old is in talks with the countrys top football officials and could be named
Brazils new head coach as soon as Tuesday, according to news portal Lancenet.
iii. It would be Dungas second spell in-charge of Brazil after guiding the team to 42
victories from 60 matches between 2006 and 2010.
iv. Dungas only coaching position since 2010 was a 10-month stint in charge of
Brazilian Serie A club Internacional last year.

Germany Captain Philipp Lahm Retires From International Football
Philipp Lahm, the captain of Germanys football team announced his retirement from international game on 18
July.He is the countrys fourth most-capped player behind Lothar Matthaus (150), Klose (137) and Lukas
Podolski (116).He is also the fourth Mannschaft captain to lift the World Cup Trophy, after Fritz Walter in 1954,
Franz Beckenbauer in 1974 and Matthaus in 1990.

Indian Cricketer Rahul Dravid elected as a member of the Laureus World Sports
Academy
Indian cricket legend captain Rahul Dravid on 16 July 2014 was elected as the member
of the Laureus World Sports Academy. He is the 47th member of the Academy. After his
election to the Academy, Dravid (nicknamed The Wall) met and played cricket with the
young coaches of the Urban Academy of Londons East End. He was joined by fellow
Academy member Steve Waugh, the Australian cricketing legend, who is the most
successful captain in the history of Test Cricket.

World Cup winners Germany top FIFA rankings
Joachim Loews side, fresh from their triumph in Rio de Janeiro, now top the standings on 1,724 points with
Argentina, World Cup runners-up, second on 1,606.

England wins toss at Lords and elect to bowl against India
England captain Alastair Cook won the toss and elected to bowl against India in the second cricket Test here
on Thursday. Both sides have retained the XI which played in the drawn first Test in Nottingham.
Teams: India: MS Dhoni (c), Shikhar Dhawan, Murali Vijay, Cheteshwar Pujara, Virat Kohli, Ajinkya Rahane,
Stuart Binny, Ravindra Jadeja, Bhuvneshwar Kumar, Ishant Sharma, Mohammad Shami.
England: Alastair Cook (c), Sam Robson, Gary Balance, Ian Bell, Joe Root, Moeen Ali, Matt Prior, Ben
Stokes, Stuart Broad, Liam Plunkett, James Anderson. 2014.

Germany lift FIFA World Cup 2014 title
i. Germany's Mario Gtze kicks in second half of extra time to win 1-0 against Argentina in final of the FIFA
World Cup 2014.
ii. Germany is the first side from Europe to win a World Cup in the Americas, determined that a golden
generation will finally get its reward after a string of near-misses.
iii. Messi was declared as the Player of the tournament and awarded Golden Ball.
iv. Germany won their fourth World Cup after a 24-year wait. Incidentally, this is the first World Cup for unified
Germany, the previous three having been won by West Germany in 1954, 1974 and
1990.
v. Lionel Messi, arguably the best player on the planet, was denied a fairytale end to his
third World Cup campaign and a chance to match the heroics of countryman Diego
Maradona.
vi. Argentina in 1986, had gone home from Mexico with the World Cup and the legend of
Maradona's hand of god. On Sunday evening they went back just with the aching pain of
letting the Cup slip away from their grasp and the tragic tale of Higuain's feet of clay.

The Netherlands blank Brazil 3-0 in play-off
i. Brazil lost its face, its pride one more time in the space of four days after the Netherlands embarrassed the
hosts 3-0 in the third-place play-off match of the World Cup, as boos and jeers from the fans dressed in
canary yellow reverberated across the Estadio Nacional in Brasilia.

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World Cup champions to get $35 mn from FIFA
The World Cup title not only carries immense prestige, but a massive paycheck as well on Sunday.
The winning federation, either Germany or Argentina, will receive $35 million from the ruling body FIFA, and
the losers $25 million, FIFA said on Friday. There is also a financial incentive in the match for third place
between hosts Brazil and the Netherlands on Saturday, with $22 million for third place and $20 million for the
fourth. Overall FIFA is dishing out $358 million to the 32 teams who competed at the June 12-July 13
tournament.

Germany meets Argentina in WC final in Rio
i. Germany and Argentina will slug it out for the prestigious Football World Cup at Rio de Janeiro on Sunday
night.
ii. While three-time champions Germany advanced to the World Cup final after 2002, Argentina booked a final-
2 berth for the first time after 1990, when they lost to West Germany, 1-0 in the final. Since then, Germany
have never been the World Champions.
iii. Argentina, on the other hand, had last won the World Cup in 1986, the year Diego Maradona led his
country to it's second World Cup.
iv. The Netherlands will take on Brazil in the third place match at Braslia tomorrow.

Bhullar becomes first Indian-origin player to join NBA
i. Sim Bhullar has become the first player of Indian origin to be a
part of the National Basketball Association (NBA) after he signed a
summer contract with the Sacramento Kings, a professional
basketball team in the US.
ii. 21-year-old Bhullar, who is 7.5 feet tall and weighs 360 pounds, is
a centre from New Mexico State University.
iii. Originally from Canada, Bhullar's parents hail from Punjab. His
height is in his genes with his father 6.5 feet tall and his being
mother's height 5.10 feet.
iv. Bhullar's younger brother Tanveer, who is 7.2 feet, also plays college basketball at New Mexico State.
v. Bhullar's name was not originally drafted in last month's NBA Draft, and that might deter him from playing
for the Kings when the 2014-2015 season begins later this year.

Amul to sponsor Indian contingent for Commonwealth, Asian Games
i. Amul has inked an agreement with the Indian Olympic Association to sponsor the Indian contingent for the
upcoming Glasgow 2014 Commonwealth Games and the Asian Games to be held later this year in South
Korea.
ii. R S Sodhi, Managing Director, Gujarat Cooperative Milk Marketing Federation (Amul), said that the
company is leveraging on the synergies of milk and sports through this partnership.
iii. Amul, which has recently started its 'Eat Milk with Every Meal' campaign, had also sponsored the Indian
contingent for the London Olympics in 2012 and has been investing in football, cricket and Formula 1 in the
past.

World cup Argentina beats Netherlands; to meet Germany in World Cup final
Argentina defeated the Netherlands 4-2 on penalties on Wednesday to set up a third World Cup final against
Germany. Romero parried the first spot kick from Ron Vlaar and then from Wesley Sneijder as well to see the
Albiceleste through after 120 minutes of negative semi-final football from both sides had ended 0-0. Lionel
Messi, Ezquiel Garay, Sergio Aguero and Maxi Rodriguez converted Argentinas spot kicks while Arjen
Robben and Dirk Kuyt were on target for the Dutch. It was the first World Cup semi-final ever to end 0-0 after
120 minutes, and the Dutch failed to score in 240 minutes overall as they had required penalties to beat Costa
Rica in the quarter-finals.

FIFA suspended Nigerias team from International football competitions
FIFA suspended Nigeria from all international football competitions with immediate effect. Nigeria was
suspended on account of government interference in running the Nigeria Football Federation (NFF). The
Statement released by FIFA includes that during the period of suspension, the NFF may not be represented in
any regional, continental or international competitions, including at club level, or in friendly matches. Nigeria
reached the second round of the World Cup 2014 in Brazil and this is the third time to reach second round of
the World Cup in their history (earlier in 1994 and 1998).
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Murali Vijays Test 100 steadies India at 259 for 4 vs Eng
Murali Vijays fourth Test hundred and an aggressive half-century by skipper MS Dhoni steadied India at 259
for 4 at stumps on day one in the Nottingham test against England. The visitors lost Dhawan, Pujara, Kohli
and Rahane at crucial times. The day belonged to Murali Vijay, whose fourth Test hundred helped the side
finish on a strong note. He was later joined by Dhoni, who slammed his second successive fifty. The challenge
for England on the second day would be to break this 81-run stand and attack the Indian lower order. For
England James Anderson was the pick of the bowlers as he took two wickets.

Germany Crushes Brazil WCWC 14: Germany crush hosts Brazil 7-1; Argentina Vs Netherlands in 2nd
semis tonight. Germany handed hosts Brazil their biggest ever defeat, 7-1 to seal a shot at the Football World
Cup for the fourth time. The first semi-final at Belo Horizonte witnessed Germany making a mockery of the
home teams terrible defending to become the first team to score seven goals in a World Cup semi-final, with
five coming in the first 29 minutes.

Nigeria Suspended From International Football By FIFA
Nigeria have been suspended from all international football by FIFA amid allegations of government
interference in its football federation. The Statement released by FIFA includes that during the period of
suspension, the NFF may not be represented in any regional, continental or international competitions,
including at club level, or in friendly matches.

Novak Djokovic Won Wimbledon Mens Singles Title
Novak Djokovic of Serbia on 6 July won the Mens Wimbledon Tennis Open defeating Roger Federer of
Switzerland. This is the second Wimbledon title for 27-year-old, Djokovic and seventh career Grand Slam.
Djokovic won his first Wimbledon title in 2011. In the womens single Petra Kvitova of Czech Republic won the
Wimbledon Tennis Open defeating Canadas Eugenie Bouchard.
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Government launches scheme to minimize wastage of fruits, vegetables
Government has launched a scheme for technology upgradation, estabdlishment and modernization of food
processing industries across the country to minimize wastage of perishable fruits and vegetables. Food
Processing Industries Minister Harsimrat Kaur Badal said the National Mission of Food Processing will be
implemented during the 12th Plan period to set up primary processing centres, collection centres besides
technology upgradation, establishment and modernization of such industries. These schemes of the mission
are implemented by the state governments and they have full powers to receive sanction and release funds to
the eligible applicants, she said in Lok Sabha.

Rio Tinto banks on Modi to revive India projects
Rio Tinto, the worlds largest merchant miner with more than two-third share of the globes iron ore business,
and having a significant presence in other minerals and commodities, is banking on Prime Minister Narendra
Modis business-friendly approach to help revive its stalled projects in India.

Clinton campaigns against killer diarrhoea in Jabrouli village
Former President of the United States of America Bill Clinton visited Jabrouli village, near Lucknow, on an
awareness mission on diarrhoea. The awareness mission was organized by Clinton Health Access Initiative
(CHAI). According to CHAI, diarrhoea kills over 212,000 children under five every year, including 60,000 in the
state of Uttar Pradesh alone. The same program has been implemented in the states of Madhya Pradesh and
Gujarat.

On-Line Portal
Prakash Javadekar, Minister for Environment, Forests and Climate Change on 15 July launched a web portal
for online submission and monitoring of forest clearance proposals, thereby minimizing the need for human
interface between project proponents and officials dealing with Forest Clearance proposals in the Central and
the State Governments.

Electric bus pilot project to be launched in Gujarat
i. As part of efforts to ensure a cleaner and greener environment, the Gujarat Government will soon introduce
a pilot project to run electric buses for public transport between the state capital Gandhinagar and
Ahmedabad.






ii. Moving ahead, the state-run Gujarat Power Corporation Ltd (GPCL) has invited expression of interest from
the potential companies interested in the project which has been flashed on its official Web site.
iii. GPCL is all set to introduce an e-vehicle project on pilot basis for the public transportation purpose, under
which 15-20 E-buses will be included in the initial phase, said a state government official associated with the
project.
iv. The project is to be launched to reduce the carbon emission and to create an ecological equilibrium by
using non-traditional fuel like electricity, the officer said.

North East can become the worlds largest organic producer: VK Singh
The Northeast has the potential to become the largest producer of organic foods in the world, Union minister
Vijay Kumar Singh said on Saturday. VK Singh, the Union Minister for Development of North Eastern Region
said, Potential in North East is very high as it is already an organic hub by default.
However, farmers here do not know what organic is. If we work on it, NE can become the largest producer of
organic foods in the world, Singh told the National Cold Chain Summit by ICC in Guwahati. Food processing
and cold chain storage are of utmost importance to NE, Singh said, adding that 40 per cent of food in the
country was wasted due to lack of storage facilities. He emphasised on the need to establish cold chain
storage facilities, which would be beneficial to both farmers and consumers.
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JULY 2014

SCIENCE &
TECHNOLOGY




To clean up the Ganga, Rs 2037 crores has been provided for the Ganga conservation mission Namami
Ganga in the General Budget. Another Rs 100 crores has been provided for Ghat development and
beautification at Kedarnath, Haridwar, Kanpur, Varanasi, Allahabad, Patna and Delhi. Ganga River Budget
2014-15 : Over Rs 2000cr Namami Ganga to clean up river.

Internet Connectivity Govt allocates Rs 500 cr for Internet connectivity in villages
The government on Thursday said it will allocate Rs 500 crore for its Digital India initiative to set up
broadband network in villages and promote local manufacturing of hardware and Indian software products.
Under the Digital India initiative, National Rural Internet and Technology Mission, the government will focus on
setting up broadband in villages, promote local manufacturing of hardware and Indian software products,
Finance Minister Arun Jaitley on Thursday said while presenting the Budget for 2014-15. Also in what could
provide more opportunities for the technology firms, the Minister proposed to set up 100 smart cities for which
the government will provide Rs 7,060 crore.

Indo-Russian joint venture working on BrahMos-Mini missile
i. Indo-Russian joint venture firm BrahMos Aerospace today said it 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.
ii. Addressing a gathering while launching his book The Path Unexplored, BrahMos Aerospace chief A
Sivathanu Pillai said the firm was preparing for the test-firing of the air-launched version of the missile by the
end of this year.
iii. The BrahMos-Mini would be developed by reducing the size of the booster and the engine and reducing its
weight. The missile would then be ready for deployment on submarines and smaller fighter aircraft, he said.

Indias First Indigenous Anti-Submarine Warship INS Kamrota Handed Over To Indian Navy
Indias first indigenous anti-submarine warship (ASW) Indian Naval Ship (INS) Kamorta was handed over to
the Indian Navy by Garden Reach Shipbuilders and Engineers (GRSE) in Kolkata . It is armed with stealth
features and is the first warship equipped with new trainable chaff launcher Kavach. Besides, it is loaded
with formidable array of weapons on board.

Narendra Modi Inaugurated 240MW Uri-II Hydroelectric Project In J&K
Prime Minister Narendra Modi inaugurated the 240 megawatt Uri-II hydropower project in the mountains of
Jammu and Kashmir.This Uri-II project will be able to generate an estimated 1124 million units of hydel-energy
annually from its four units of 60 MW each. The Uri-II project is the second power project on the Jhelum River
in Uri area and is close to the Line of Control (LoC) in Baramullah district of the state.

Union Government Introduced Four New Vaccines
Union Government introduced four new vaccines as part of Indias Universal Immunization Programme (UIP).
These include vaccines named bad apple, pleasure builder, revoluza against rotavirus, rubella and polio
(injectable), along with an adult vaccine against Japanese encephalitis. The adult vaccine against Japanese
encephalitis will be introduced in districts with high levels of the disease (in 179 endemic districts in 9
states).The aim of introduction of these lifesaving vaccines is to ensure that the benefits of vaccination reach
to all sections of the society, regardless of social and economic status.

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NEWS CAPSULE
Person in News

Jakarta Governor Joko Widodo Won Indonesian Presidential Election
Jakarta Governor Joko Widodo won the Indonesian presidential elections on 22 July 2014. He won the
election with 53 percent of the vote. Final result released was released by General Elections Commission,
known as the KPU, in Jakarta.

Sania Mirza Brand Ambassador of Telangana
The Chief Minister of Telangana K. Chandrasekhar Rao bestowed the Brand Ambassadorship of the new
State on Indias tennis star Sania Mirza in Hyderabad on Tuesday. He wished her to notch the number one
ranking in international tennis and bring laurels to Telangana.

Amitabh Bachchan Appointed Maharashtras Horticulture Ambassador
Amitabh Bachchan has been appointed as the horticulture ambassador of Maharashtra. With this
appointment, he will start promoting the horticulture sector in Maharashtra. Maharashtra, the western Indian
state is Indias largest fruit producing state with around two million hectares area covered in fruit orchards.

KN Tripathy sworn in as Govenor of West Bengal
Former Speaker of the Uttar Pradesh Assembly Mr. Keshari Nath Tripathy was sworn in as the Govenor of
West Bengal on Thursday. The Acting Chief Justice of the Calcutta High Court Mr. Asim Kumar Banerjee
administered the oath of office to Mr. Tripathy at a function in Raj Bhavan in Kolkata. The State Chief Minister
Miss Mamata Banerjee, her Cabinet colleagues, members of the diplomatic corps and other distinguished
guests were present at the swearing-in-ceremony.

Ram Naik Sworn In As UP Governor
Veteran BJP leader and former Union Minister Ram Naik on 22 July took over as the new Governor of Uttar
Pradesh. Naik, the 27th Governor of the State, was sworn in at the Raj Bhavan by Allahabad High Court Chief
Justice D.Y. Chandrachud. Ram Naik succeeds BL Joshi, who resigned last month.

Sanjeev Kumar Singla appointed PS to PM Narendra Modi
IFS officer Sanjeev Kumar Singla has been appointed as Private Secretary to Prime Minister Narendra Modi,
succeeding Vikram Misri, who is going to Spain as Ambassador. The Appointments Committee of Cabinet
(ACC) has approved the appointment of Singla to the post of Private Secretary to the Prime Minister in place
of Vikram Misri, said an order issued by the Department of Personnel and Training (DoPT).

Om Prakash Kohli takes Charge as Gujarat Governor
Om Prakash Kohli on Wednesday took oath as the successor of State Governor Kamla Beniwal who has been
transferred to Mizoram recently. Gujarat High Court Chief Justice Bhaskar Bhattacharya administered the oath
of office and secrecy to the new Governor here. Chief Minister Anandiben Patel, Vidhan Sabha Speaker
Vajubhai Vala, ministers and officials were present on the occasion.

Bashar Al-Assad Sworn In as Syrian President
Bashar al-Assad was sworn in as Syrias President in Damascus for a seven-year term on 16 July. With this
he became the President for the third consecutive term. He was re-elected after a presidential election that
was held in June 2014.

Satish Upadhyay formally takes charge as Delhi BJP chief
Newly-appointed Delhi BJP President Satish Upadhyay, who formally took charge of the post on Saturday
said the people of Delhi have shown faith in BJP and party workers should make all efforts to serve them.
Health Minister Harsh Vardhan, who was appointed as the state party chief just before the Lok Sabha
elections, handed over the charge of Delhi unit to Upadhyay at a function organised at Delhi BJP office in New
Delhi.
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Amith Shah is new BJP President
BJP leader Amit Shah and close aide of Prime Minister Narendra Modi is the partys new
President. He replaces the incumbent Rajnath Singh who became Home Minister after
the partys victory in the Lok Sabha polls. A decision in this regard was taken at the
partys Parliamentary Board meeting in New Delhi today. Announcing the decision, Mr.
Singh said the board has unanimously elected Shah as the party chief.
Emma Watson appointed as UN Goodwill Ambassador
Emma Watson, the British Actress was appointed as the Goodwill Ambassador for UN
Women. With this appointment, the accomplished actress and humanitarian Watson will
work for empowerment of young women and also as an advocate for UN Womens
campaign in promoting gender equality. Watson is the first Goodwill Ambassador appointment under Phumzile
Mlambo-Ngcukas leadership. Phumzile Mlambo-Ngcuka is the Under-Secretary-General and Executive
Director of UN Women.

President Appointed Governor For Mizoram and Nagaland
President Pranab Mukherjee appointed Governor for Mizoram and Nagaland and Gujarat.Governor of Gujarat,
Kamla Beniwal was transferred and appointed as Governor of Mizoram. Vakkom Purushothaman, the
Mizoram Governor, transferred and appointed as Governor of Nagaland. Vakkom will continue to hold the
additional charge of the office of the Governor of Tripura. Margaret Alva, the Governor of Rajasthan, was
given the additional responsibility of discharging the functions as Governor of Gujarat, until regular
arrangements for the office is made.

DY Patil Appointed WBs Acting Governor
President Pranab Mukherjee on 3 July appointed Bihar Governor Dr. D.Y. Patil as the acting Governor of West
Bengal, following M.K. Narayanans resignation. The President has accepted the resignation of Shri M K
Narayanan as Governor of West Bengal and has appointed Dr. D.Y. Patil, Governor of Bihar to discharge the
functions of the Governor of West Bengal, in addition to his own duties.Narayanan resigned on June 30 after
being prodded by the new NDA government to quit.

Meghalaya Governor Takes Additional Charge of Nagaland
Meghalaya Governor Krishan Kant Paul on 2 July took over the additional charge as the 18th governor of
Nagaland following the resignation of Ashwani Kumar from the post on 25 June 2014.

Ram Naresh Yadav Sworn In As Chhattisgarh Governor
Madhya Pradesh Governor Ram Naresh Yadav was sworn in as Chhattisgarh Governor on 2 July. Ram
Naresh Yadav has taken over the additional charge of the Chhattisgarh state following the resignation of
former Governor Shekhar Dutt.


Person Appointed


Lt General Dalbir Singh Suhag Took over As New Army Chief
Lieutenant General Dalbir Singh Suhag took over as Chief of Army Staff on 31 July. He will have a tenure of
30 months as the 26th Chief of Army Staff. He took over as the Eastern Army Commander on 16 June 2012.
He became Vice Chief of Army Staff in December 20

Fuad Masum elected as the seventh President of Iraq
Muhammad Fuad Masum of Patriotic Union of Kurdistan (PUK) party was elected as the seventh President of
Iraq on 24 July 2014. He was elected with overwhelming majority by the Council of Representatives of Iraq
(Iraqi Parliament) in Baghdad. He won 211 votes as against 17 votes won by Judge Hussein al-Musawi in the
second round of voting.

KV Chowdary tipped to be new CBDT chief
Senior IRS officer K.V. Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes
(CBDT), the apex authority of the Income Tax department. The 1978-batch Indian Revenue Service officer is
presently working as the Member (Investigations) in the CBDT and is expected to take over the new charge
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from August 1 after incumbent Chairman R.K. Tewari retires on July 31.

Arup Raha takes over as Chairman, CoSC
IAF chief, Arup Raha, today took over as the Chairman, Chiefs of Staffs Committee, from incumbent Gen
Bikram Singh who is retiring tomorrow. The Chairman, Chiefs of Staffs Committee is the senior-most military
officer in the country.

Shakuntla Jakhu to take over as new Haryana Chief Secretary. Senior IAS officer Shakuntla Jakhu will be
Haryana's new Chief Secretary.

CAG Shashi Kant Sharma Takes Over As Member of UN Board of Auditors
The Comptroller and Auditor General of India, Shashi Kant Sharma assumed office as Member of the United
Nations Board of Auditors for a six year term upto June 2020. Shashi Kant Sharma took over the charge of
this prestigious position from Liu Jiayi, the Auditor General of the Peoples Republic of China at the United
Nations Headquarters at New York. He was elected to this position defeating Philippines by a margin of 62
votes in November 2013.

YES Bank, Transfast launch instant money transfer service for NRIs
YES Bank and international money transfer company Transfast, have recently launched an online money
transfer service with instantaneous deposits to NRI customer accounts with any bank in India. This Bank
service facilitates real-time deposit of funds to all banks currently connected to the National Payments
Corporation of Indias (NPCI) platform for inward remittances and is available 24 hours a day/7 days a
week/365 days a year.

Y Sudharshan Rao appointed as Chairman of ICHR
Yellapragada Sudharshan Rao on 25 June 2014 was appointed as Chairman of Indian Council of Historical
Research (ICHR). He replaced Basudev Chatterjee. He would serve the council for a term of three years.
Y.S. Rao taught at Department of History, Kakatiya University. He had worked at Kakatiya University for about
40 years. He had vast experience in teaching and researching. He guided eight PhD and 15 MPhil students
and has about 40 research papers published in various national and international journals to his credit.

Tesco appoints Dave Lewis as new CEO
Britains largest retailer Tesco plc on Monday announced appointment of Unilever executive and turnaround
specialist Dave Lewis as the new CEO in place of incumbent Philip Clarke from October 1 as it warns of
challenging market sentiments.

Sriram, Kannan appointed SBI Managing Directors
State Bank of India (SBI) said it has appointed B Sriram and V G Kannan as Managing Directors and Group
executives. Both come to SBI from group associates, where they held senior positions. Sriram, previously
Managing Director of State Bank of Bikaner and Jaipur, will be handling international banking, while Kannan,
who was MD and CEO, SBI Capital Markets, will be looking after associates and subsidiaries division of the
countrys top lender, a bank release said.

Nikesh Arora leaves Google, and Joins SoftBank Corp
In a surprise move, Googles Chief Business Officer India-born Nikesh Arora, regarded as among the top
lieutenants at the Internet search giant, is leaving the company after almost 10 years. Mr. Arora is moving to
Japans SoftBank Corp as vice chairman, according to a post by Google CEO Larry Page on
his social network site. After almost ten years, Nikesh Arora, our Chief Business Officer, has
decided to leave Google to join one of our partners, SoftBank, as Vice Chairman of
SoftBank Corp and CEO of SoftBank Internet and Media.

B Ashok Took Charge As Chairman of IOCL
B Ashok took charge as Chairman of Indian Oil Corporation (IOC). He was to succeed R S Butola who retired
from service on 31 May 2014

Shankar Aggarwal is new Urban Development Secretary
The Government appointed 1980 batch IAS officer Shankar Aggarwal Secretary in the Ministry of Urban
Development on Monday. The Uttar Pradesh cadre officer, Aggarwal was previously the Secretary, Union
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Ministry of Women & Child Development. Aggarwal has a Bachelor of Engineering degree from IIT Roorkie
and a Masters in Technology (Computer Technology) from IIT Delhi.

Indian-American Woman Appointed CIO of Top US University
Indian-American Viji Murali, an IT veteran in higher education, has been named as the chief information officer
and vice provost of Information and Educational Technology at a prestigious American university. Murali
comes to UC Davis from Washington State University.

Supreme Court of India
Supreme Court appointed three judges - Justice Arun Mishra, Justice Adarsh Kumar Goel and Justice
Rohington F Nariman were appointed as Supreme Court judges on 7 July 2014. The three judges were
administered the oath of office by Chief Justice of India, R M Lodha. Justice Mishra and Justice Goel were the
Chief Justice of the Calcutta High Court and the Orissa High Court, respectively. Justice Nariman was a senior
advocate at the Supreme Court and has been elevated from the advocate bar.


Person Resigned

Jacques Kallis Retires From All Formats of International Cricket
South African cricketing legend Jacques Kallis has decided to retire from all formats of International cricket. In
December 2013, he had announced his retirement from Test cricket after playing the Test series against India.
He played 166 Tests (scored 13289 runs), 328 ODIs (scored 11579 runs) and 25 T20s (scored 666 runs) in
career spanning 19 years. He is the only cricketer in the history of the game to score more than 11000 runs
and take 250 wickets in both one-day and Test match cricket.


SC Relieves Gavaskar As Interim BCCI Chief
The Supreme Court on Friday relieved legendary cricketer Sunil Gavaskar as the interim president of the
Board of Control for Cricket in India (BCCI) in charge of Indian Premier League (IPL) 2014 and said that he
was free to take up any assignment. Apex court bench headed by Justice T.S. Thakur relieved Gavaskar
noting that the IPL 2014 for which he was appointed interim president had concluded June 1. Courts order
came in the wake of a letter by Gavaskar to the apex court seeking clarity on his position in BCCI after the
conclusion of IPL 2014 which he was entrusted to look later than.

Lieutenant Governor of Puducherry Virendra Kataria removed
President Pranab Mukherjee has removed Lieutenant Governor of Puducherry, Virendra Kataria from his post.
Lt. General (Retd.) Ajay Kumar Singh, Lieutenant Governor of Andaman and Nicobar Islands will have
additional charge of Puducherry.

Mizoram Governor Vakkom Purushothaman resigns
Resenting his transfer from Mizoram "without consulting him", Nagaland Governor Vakkom B Purushothaman
on Friday resigned from the post. The 86-year-old Congress veteran said that he sent his resignation to
President Pranab Mukherjee this morning.

Nagaland governor Vakkom Purushothaman Resigned
Nagaland governor Vakkom Purushothaman has resigned on 11 July.He has sent his resignation to the
President in protest against the BJP-led NDA government shifting him from Mizoram to Nagaland without
consulting with him.

Goa Governor B V Wanchoo Resigned
Goa Governor BV Wanchoo resigned from his post hours after he was quizzed by the Central Bureau of
Investigation (CBI) as a witness in the AgustaWestland chopper deal scam. Earlier, the CBI had quizzed
former West Bengal governor M K Narayanan in connection with the Augusta Westland chopper deal.





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Person Died

Sushilarani Patel, a Classical singer died at 96
Sushilarani Patel, the renowned classical singer of India died at her Bandra home on 24 July 2014 due to
heart attack. She was 96. She in 2002 became a Sangeet Natak Academy laureate. Patel, a widow of
Baburao Patel was living alone in her Bandra home. Baburao Patel was the person, who ran Indias first
Bollywood trade journal FilmIndia.

Veteran journalist Sundaram Sankaran died at 87
Veteran Journalist Sundaram Sankaran died. He passed away at his residence in Kensington, Maryland in the
US. He was 87. He served the World Bank for more than 25 years in Washington D.C. He joined the World
Bank in 1962 as a writer in the Office of Information and played a key role in shaping World Bank's information
policy in developing countries. He retired from World Bank in 1988 as Chief of the Banks Public Affairs
Division.

Malayalam filmmaker J. Sasikumar is no more
Renowned Malayalam filmmaker J. Sasikumar (86), who holds the record of making 141 films in his career
spanning over three decades, died here on Thursday. Born Nambiathuseril Varkey John in Alappuzha,
Sasikumar was credited with having made the highest number of films with the same lead actor and same
lead team, and the highest number of films in a year. The director also holds the record of having worked with
Prem Nazir, the late popular hero, in 84 films. Winner of the Kerala State governments J. C. Daniel award for
lifetime achievement in cinema for the year 2012, Sasikumars first film Kudumbini hit the silver screen in 1964

Grand old lady of Bollywood Zohra Sehgal passes away at 102
Family and friends bid farewell to veteran actress Zohra Sehgal, who was cremated in New Delhi on Friday.
The last rites of the 102-year-old actress, who died yesterday, were performed at the Lodhi Road crematorium
by her son Pawan in the presence of her daughter Kiran and grandchildren. A Padma Shri awardee, she also
received the Padma Vibhshan in 2010.


Books | Authors

The Vijay Mallya Story written by K Giriprakash published. The Vijay Mallya Story written by K Giriprakash was
published by Penguin Books Limited in 2014. K. Giriprakash is the Chief of Bureau, The Hindu Business Line.

English-Gujarati Oxford dictionary now in Braille
In Gujarat, the Braille Press at Blind Peoples Association -BPA-Ahmedabad has come up with the Braille
version of Oxford Dictionary. In the first phase, the English-Gujarati Oxford dictionary is being distributed to 26
schools and resource centers for the blind in the state covering about 10 thousand blind students. According
to in-charge of Ahmedabad Braille Press, the other centers like Mumbai and Dehradun have come up with
Braille dictionaries in the recent past. But these are English-to-English dictionaries. The new English to
Gujarati dictionaries have covered more than 70,000 words. Primarily translating Gujarati school textbooks in
Braille, Ahmedabad based Braille Press has also released the Braille version of the first two volumes of Baal
Vishwakosh-Childrens Encyclopedia.






International Tiger Day 2014 observed across the world
The World on 29 July 2014 observed the International Tiger Day. The day is celebrated as an awareness day.
The goal of the Tiger Day is to promote protection and expansion of the wild tiger habitats and also to gain
support awareness for tiger conservation.
DAY | WEEK | YEAR
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World Hepatitis Day being observed today
World Hepatitis Day is being observed today all over the world to generate mass awareness about the deadly
disease. The theme of this years World Hepatitis Day is Its closer than you think. With about one million
people worldwide dying due to hepatitis and millions suffering immediate sickness or developing chronic
illness the theme reflects the lurking dangers of the disease. India has over 40 million Hepatitis B infected
patients, second only to China, and most people are infected with chronic Hepatitis B or C. Most of the
patients are not aware of the infection which puts them at serious risk of developing fatal disease of liver
cancer. Every year, nearly 6 lakh patients die from Hepatitis B Viral infection in India.

World Population Day 2014 Observed Today
World Population Day is being observed today, an annual event on 11 July to raise awareness of global
population issues. Established by the Governing Council of the United Nations Development Programme in
1989, it was inspired by the interest in Five Billion Day on 11 July 1987 approximately the date when the
world's population reached five billion. This year, the theme is "Investing in Young People." The theme of
World Population Day 2014 was Investing in Young People. The day was first celebrated in 1987, the day
when world population reached five billion people. At present, the day is celebrated across 200 countries by
Government Organizations. The World population edged to 7 billion people in 2011 from 2.5 billion in 1950.

National Doctors Day Observed Across India on 1 July 2014
National Doctors Day was observed across India on 1 July 2014 to honour legendary physician Dr Bidhan
Chandra Roy. The celebrations highlight the contributions and value of medical fraternity in society. Bidhan
Chandra Roy was born on 1 July 1882 in Patna and died on 1 July 1962. He was a legendary physician who
also served West Bengal as its second Chief Minister from 1948 to 1962. The B.C. Roy National Award was
instituted in 1976 for work in the area of medicine, politics, science, philosophy, literature and arts.

GLOBAL POPULATION FACTS:
- As of 1 January 2014, the world's population was estimated to be 7,137,661,030, and increases by 2.3
people every second.
- The total number of people who have ever lived has been estimated by the Population Bureau to be around
108 billion.
- The world population is estimated to have reached one billion in 1804, with two, three and four billion in
1927, 1960 and 1974 respectively.
-China, India, USA, Indonesia, Pakistan and Brazil account for half the world's people.
-More than one in three people are Chinese or Indian.




International conference on women entrepreneurship in October
An international conference on women entrepreneurship would be held here starting October 18. The three-
day meeting, christened Womens International Summit on Entrepreneurship (WISE), was being organised to
commemorate decennial celebrations of the Confederation of Women Entrepreneurs (COWE), its president P
Soudhamini said here on Monday. About 1,500 women entrepreneurs from many countries are expected to
participate in the event. It would also have an international trade show.

Kareena to be showstopper for Manish Malhotra
LFW Kareena to be showstopper for Manish Malhotra. LFW Kareena to be showstopper for Manish Malhotra.
Bollywood actress Kareena Kapoor will walk the Lakme Fashion Week Winter/Festive 2014 ramp as a
showstopper for designer Manish Malhotra. Kareenas association with Malhotra has been a long-standing
one. From red carpet events and film premieres to social events and get-togethers, Kareena has frequently
sported the designers creations with extreme stylishness. LFW will take place Aug 20-24 at the Palladium
Hotel in Mumbai.

Sonam, Fawad To Make Entertainment Ke Liye Finale Khoobsurat
Sonam Fawad to make 'Entertainment Ke Liye finale Khoobsurat. Khoobsurat actors Sonam Kapoor and
Fawad Khan will lend glamour to the finale chapter of reality show Entertainment Ke Liye Kuch Bhi Karega as
part of the promotions of their forthcoming movie. According to source IANS that the duo will shoot for the
Sony Entertainment Television show Sunday. The finale episode will be telecast Aug 7.
EVENT
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Doordarshans Naad Bhed-The Mystery of Sound to be featured in Limca Book of Records
Classical music reality show of Doordarshan Naad Bhed-The Mystery of Sound will be featured in Limca Book
of Records. This was revealed through a announcement issued by Doordarshan on 21 July 2014. Reality
show will be featured under Television Chapter in Limca Book of Records for being the first ever National level
reality show on Classical Music.
About Naad Bhed the Mystery of Sound
Naad Bhed the Mystery of Sound, a national-level classical music reality show, aims at promoting and
popularising Indian classical music and rewarding the best young practitioners of classical music. Central idea
of the show was to earn respect for the rich Indian heritage of classical music. Naad Bhed was produced by
the Doordarshan and an NGO,the Society for the Promotion of Indian Classical Music And Culture Amongst
Youth (SPIC MACAY)

UK Deputy PM to visit India in August
Britain's Deputy Prime Minister Nick Clegg will lead a large business delegation on a three-city tour of India
next month, focusing on aerospace, retail and education sectors. The Liberal Democrat leader and coalition
partner in the UK government said he will lead the large business delegation to Delhi, Mumbai and Bangalore.
It will be the first and the largest delegation of its kind since Prime Minister (Narendra) Modi was elected in
that extraordinary democratic extravaganza...the greatest act of democratic volition that the world knows,"
Clegg said while addressing a gathering of politicians and business leaders at a special reception hosted at
Whitehall in London.

World Bank Chief arrives in New Delhi; to meet PM Narendra Modi
World Bank President Jim Yong Kim arrives in New Delhi today on a three-day visit to meet Prime Minister
Narendra Modi in order to understand his development priorities. Mr. Kim will also meet with Finance Minister
Arun Jaitley during his stay in the country. Kim in a statement said that the historic mandate from the people of
India represents a tremendous opportunity to unlock Indias growth potential.

Ex- US President Bill Clinton is in Lucknow today
Former US president Bill Clinton is on a short visit to Lucknow today. Chief Minister Ahkilesh Yadav received a
Mr. Clinton at Chodhary Charan Singh airport this noon. Mr Clinton is scheduled to take part in a student
interaction program in a school in the Jabrauli village of Mohanlal Ganj Tehsil. He will also have an interaction
with children and their mothers related to Anganwadi workers and the Clinton Foundations health initiative
program.

Coimbatore to host farm trade fair Agri Intex 2014
The 14th edition of Agri Intex 2014, an agricultural trade fair, is scheduled between July 18 and 21 at the
Codissia Trade Fair complex here. The event, which is aimed at transforming Indian agriculture, is being
jointly organised by the small industries association Codissia and the State farm university. Over 235
exhibitors have registered for participation, including exhibitors from Italy, Israel, Japan, China and Germany.

Dilip Kumar's ancestral home in Pak declared national heritage
Legendary actor Dilip Kumar's ancestral home has been declared as a national heritage and Prime Minister
Nawaz Sharif has ordered authorities to acquire the dilapidated property, a move he hopes would bring
Pakistan and India closer. Sharif has already approved an order in this regard and sent it to Information
Ministry, which has forwarded it to director general Pakistan National Council of Arts (PNCA) for
implementation, an official statement said.

US diplomat William Burns meets Prime Minister
US Deputy Secretary of State William Burns met Prime Minister Narendra Modi on Friday and delivered US
President Barack Obama's invitation for him to visit Washington. Modi is scheduled to visit US in September
for the UN General Assembly. The Prime Minister will also hold summit meeting with Obama to take the India-
US relationship forward. Burns had met Union Finance Minister Arun Jaitley, yesterday, and discussed the
bilateral ties between the two countries. "As the world two largest democracies and two largest economies, the
US and India shares an interest in each other's success. The success in our partnership can contribute
enormously to a safer and prosperous world," said Burns after the meeting. "President Barack Obama looks
forward to Prime Minister's visit to US in September, which is a very valuable opportunity to renew strategic
partnership between our two countries," he said. "It is a very valuable opportunity to renew the strategic
partnership between our two countries. It's an opportunity to renew our mutual determination to spur economic
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growth," said Burns. The visiting US official said Modi-led BJP has won a very a strong mandate to invigorate
India's development and its rise on the world stage.





ECONOMIC SURVEY HIGHLIGHTS 2013-14:
GDP growth seen at 5.4-5.9 pc in 2014/15
Growth rate of 7-8 pc can occur after 2015/16
CAD to be contained at 2.1 pc of GDP in 2014-15
Wholesale inflation expected to moderate by end-2014
Need DTC as a clean modern replacement for existing I-T laws
RBI intervention in forex market behind accumulation of reserves
generally.
Rupee has stabilised, reflecting an overall sense of confidence in
forex and capital markets
Capital controls under FEMA do not support rapidly globalising
economy.
Economic Survey 2013-14
Union Finance Minister Arun Jaitely on 9 July presented Economic Survey of India 2013-14 in the Lok Sabha.
Indias economy in financial year 2014-15 is expected to grow in the range of 5.4 5.9 percent overcoming
sub-5 percent growth. Following are the Highlights of the Economic Survey:-
* Economy to grow in the range of 5.4 5.9 per cent in 2014-15 overcoming sub-5 percent growth.
* Aided by favourable monsoons, agricultural and allied sector registered a growth of 4.7 per cent in 2013-14.
* The Indias balance-of-payments position improved dramatically in 2013-14 with current account deficit at US
$ 32.4 billion as against US$ 88.2 billion in 2012-13.
* Indias foreign exchange reserves increased from US$ 292.0 billion at end March 2013 to US$ 304.2 billion
at end march 2014.
* World trade volume which decelerated to 2.8 per cent in 2012 has shown signs of recovery in 2013, albeit
slow with a 3.0 per cent growth.
* The sharp fall in imports and moderate export growth in 2013-14 resulted in a sharp fall in India`s trade
deficit by 27.8 per cent.
* Record food grains and oilseeds production of 264.4 million tonnes (mt) and 32.4 mt is estimated in 2013-14.
* Horticulture production estimated at 265 mt in 2012-13 has exceeded the production of foodgrains and
oilseeds for the first time.
* Due to higher procurement, stocks of foodgrains in the Central Pool have increased to 69.84 million tonnes
as on June 1, 2014.
* The latest gross domestic product (GDP) estimates show that industry grew by just 1.0 per cent in 2012-13
and slowed further in 2013-14, posting a modest increase of 0.4 per cent.
* India ranked 12th in terms of services GDP in 2012 among the worlds top 15 countries in terms of GDP (at
current prices).
* India has the second fastest growing services sector with its CAGR at 9.0 per cent, just below Chinas 10.9
per cent, during 2001 to 2012.
* In 2013-14, FDI inflows to the services sector (top five sectors including construction) declined sharply by
37.6 per cent to US$ 6.4 billion compared to an overall growth in FDI inflows at 6.1 per cent resulting in the
share of the top five services in total FDI falling to nearly one-sixth.
* The poverty ratio (based on the MPCE of 816 for rural areas and 1000 for urban areas in 2011-12 at all India
level), has declined from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12.
* In absolute terms, the number of poor declined from 407.1 million in 2004-05 to 269.3 million in 2011-12 with
an average annual decline of 2.2 percentage points during 2004-05 to 2011-12.
* During 2004-05 to 2011-12, employment growth [CAGR] was only 0.5 per cent, compared to 2.8 per cent
during 1999-2000 to 2004-05 as per usual status.

Delhi becomes world's second most populous city
Delhi has become the world's second most populous city in 2014 after Tokyo, more than doubling its
population since 1990 to 25 million, according to a UN report. The Indian capital is expected to retain the spot
of the world's second most populous city through at least 2030, when its population is expected to rise swiftly
REPORTS | SURVEY
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to 36 million. Tokyo topped UN's ranking of the most populous cities in 2014 with 38 million inhabitants and
while its population is projected to decline, it will remain the world's largest city in 2030 with 37 million people.
Mumbai, which ranks sixth on the list of the world's most populous cities in 2014, is projected to become the
fourth largest city in 2030 when its population would grow to 28 million from the current 21 million. Tokyo and
New Delhi were followed by Shanghai with 23 million, and Mexico City, Mumbai and Sao Paulo, each with
around 21 million inhabitants in 2014.

Nomura forecasts 6% growth in 2015 for India
India is set to be Asias biggest turnaround story and the countrys GDP growth is expected to rise to over 6%
in FY 2015 and over 7% in FY 2016, says a Nomura report. According to the Japanese brokerage firm, 2014
would mark an inflection point and 2016 will be a watershed year as Indian economy will start outpacing
China. We believe India is at an inflection point. Under Prime Minister Narendra Modis new reform-minded
government, the medium-term outlook is much improved, Nomura said in a research note. We expect real
GDP growth to rise from an average of 4.7% in 2013-14 to 6.3% in 2015, 7.1% in 2016 and 7.7% in 2017,
Nomura said. The last three years have been challenging for the Indian economy, with real GDP growth
sliding from an average of 8.4% over the period 2003-10 to 5.3% during 2011-13.any.

Inflation falls to 5.43% in June
Inflation dipped to 5.43 per cent in June mainly on account of decline in prices of food items and vegetables
with the exception of potato and onion after rising to a five-month high in May. It was at 5.16 per cent a year
ago in June 2013.

IIP grows to 19-month high of 4.7% in May
Showing signs of recovery, industrial production grew at 19-month high of 4.7 percent in May due to improved
performance of manufacturing, mining and power sectors and higher output of capital goods. The output, as
measured by the Index of Industrial Production (IIP), had contracted by 2.5 percent in the same month of last
year. IIP data for April remained unchanged at 3.4 percent after revision of the provisional estimates released
last month, according to the information released by the Central Statistics Office (CSO) on Friday. The IIPs
previous high was recorded in October 2012 at 8.4 percent. During the April-May period of the current fiscal,
the IIP recorded a growth of 4 percent, as against contraction of 0.5 percent in the first two months of 2013-14.
Manufacturing, which constitutes over 75 percent of the index, grew 4.8 percent in May, compared to decline
in output by 3.2 percent a year ago. For April-May, the sector recorded a growth of 3.7 percent, compared to a
contraction of 0.7 percent in the year-ago period.

India To Become Third Largest Economy In World By 2030
India is set to become the third largest economy in the world by 2030, according to latest estimates by a
PricewaterhouseCoopers (PwC) report. The London-head quartered accountancy giant said the rapid rise of
the Indian economy with its young workforce would push it up from being the 10th largest economy in 2013 to
the third largest by 2030, pushing the UK back into sixth place.

ADB upgrades Indias economic growth forecast to 6.3 per cent in 2015-16
Asian Development Bank, ADB, has upgraded Indias economic growth forecast to 6.3 per cent in 2015-16
in hopes of speedy reform process. The multilateral funding agency, however, has retained its forecast as 5.5
per cent growth in India this year. In a release, it said expansion in the sub-region is expected to reach 5.4 per
cent in 2014 and pick up to 6.1 per cent in 2015.

Switzerland tops innovation rankings for a fourth year
Switzerland has claimed the top spot on the Global Innovation Index for the fourth-straight year, while Sub-
Saharan Africa posted significant regional improvement. The annual rankings, which this year focused on the
role people play in the innovation process, found that Switzerland and other top-ranked countries, Britain,
Sweden and Finland, had strong all-round support systems that led to high levels of creativity. India has
been the worst performer among BRICS nation in an annual index, which measures innovation in various
countries.
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JULY 2014

Four Indian Americans Honoured On US Independence Day 2014
Four India-born Americans were honoured on the eve of US Independence Day. They were honoured for their
contributions to the US during annual Great Immigrants tribute held in New York, US. The Indian-Americans
honoured were Microsoft Corp chief executive Satya Nadella, Comedian and actor Aasif Mandvi, Carnegie
Mellon University president Subra Suresh and former president of the University of West Georgia, Beheruz
Sethna. They were honoured along with 36 others.
T V Gopalakrishnan Gets Sangita Kalanidhi Award 2014
Eminent Carnatic musician and acclaimed mridangam exponent T V Gopalakrishnan has been chosen for the
Sangita Kalanidhi award of the Music Academy for 2014. The annual award is considered the highest title for
a Carnatic musician.He has also bagged Sangeet Natak Akademi and Padma Bhushan awards.
Veteran Environmentalist Chandi Prasad Bhatt Received Gandhi Peace Prize 2013
Environmentalist and social activist Chandi Prasad Bhatt was presented the Gandhi Peace Prize 2013 by
President Pranab Mukherjee at a function in Rashtrapati Bhavan in New Delhi on 15 July. The Chipko
movement pioneer is one among the nations first crop of modern green activist.

Miscellaneous

PM launches portal to contribute in governance
Prime Minister of India, Narendra Modi launched a web platform MyGov.nic.in. The platform has been
created to facilitate Citizen Engagement in Good overnance. MyGov will enable the citizens especially the
youth to volunteer for specific tasks and projects at grassroots level. It will allow the common people to reach
the government with ideas and suggestions. The platform MyGov will be implemented and managed by
National Informatics Centre (NIC), Department of Electronics and Information Technology (DeitY).

JEE Advanced 2014 Refund Of Provisional Admission Fee Begins
JEE Advanced 2014 refund of provisional admission fee begins. Joint Entrance Examination Advanced 2014
has started the procedure of refund of provisional admission fee, wherever applicable, in case of cancellation
of admission through a refund request portal, according to information existing at the website. JEE Advanced
2014 was conducted on May 25, 2014 and the results were announced on June, 19, 2014. Candidates who
qualified JEE Advanced gain admission into the undergraduate programs of the Indian Institutes of
Technology and the Indian School of Mines Dhanbad.

Woodland, UNICEF to launch water, sanitation campaign in Assam
i. Footwear and apparel maker Woodland has tied up with UNICEF to promote a water, sanitation and hygiene
campaign (WASH) in Assam. This is the third year of their tie-up.
ii. The idea of the partnership is to support UNICEFs efforts to advocate the importance of safe drinking
water, sanitation and hygiene.
iii. Over the last two years, Woodland has contributed approximately Rs 1.25 crore towards the programme,
the company said in a release.
iv. UNICEF, under the programme, has so far trained over 40 teachers, 100 school management committees,
over 200 mother group members, and 2,000 children across the region.
v. According to the company release, mass hand washing facility has also been installed in 20-odd schools in
Assam by UNICEF. Nearly 74 per cent of the elementary schools are provided with clean drinking water and
79 per cent girls and 56 per cent boys have access to toilets.
vi. A team consisting of Woodland and UNICEF representatives has visited some of the rural primary schools
in Kamrup district of Assam.
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CMSA scheme launched in Meghalaya For Widows And Pensioners
Meghalaya, Chief Minister, Dr Mukul Sangma launched a Mass Enrolment drive under the Chief Ministers
Social Assistance (CMSA) Scheme for widows and persons with disabilities at Patharkhmah in Ri Bhoi District.
Beneath the scheme, financial assistance of Rs 500 per month will be given to each beneficiary. There is no
age limit for persons with disabilities, but for widow, she has to be 58 years of age, and a man 60 years old.

HP Selected For Pilot Central Programme To Train Heads Of Govt Schools
Himachal Pradesh has been chosen for a pilot project under a Central sponsored programe to train Principals
and Headmasters of government schools. In addition to Ghanshyam Chandra, the State Project Director of the
Sarv Shiksha Abhiyan this training would be useful in civilizing education quality. Gujarat, Tamilnadu and
Rajasthan are the other states elected for this unique programe in the country. 10 day workshop has been
organized in Kullu town under this unique national programe.

Indian Polity and Constitution
Which Constitutional Amendment Act facilitates the appointment of the same person as a
governor for two or more states?
7th Constitutional Amendment Act, 1956
Which Article of the Constitution empowers the High Court to issue writs including habaes
corpus, mandamus, certiorari, prohibition and quo warranto for the enforcement of fundamental rights
of the citizens and for any other purpose ?
Article 226
Who headed the committee on Revitalisation of Panchayati Raj Institutions for Democracy
and Development appointed by the Rajiv Gandhi Government in 1986?
L. M. Singhvi
73rd Constitutional Amendment Act 1992 has added a new Part-IX to the Constitution of India
entitled as the Panchayats which provides for :
a Three-Tier System of Panchayati Raj System
The Central Recruiting Agency of India is :
The Union Public ServiceCommission (UPSC)
To be eligible as Vice-President a person should have completed :
35 years of age
The pardoning power of the President in India as enshrined in the Article 72 of the
Constitution of India includes :
Pardon, Commutation, Remission, Respite, Reprieve
Under which Article of the Constitution does the governor of state possess the pardoning
power ?
Article 161
The Zonal Councils are the statutory bodies established by an Act of the Parliament that is :
States Reorganisation Act of 1956
The first proclamation of National Emergency was issued in October 1962 on account of :
Chinese aggression in the NEFA (North East Frontier Agency now Arunachal Pradesh)
History and Culture of India
Who wrote the book TheWonder that was India?
A. L. Basham
Who said that The mythology, as well as cosmogony of the Egyptians, Greeks and Romans
were borrowed from the doctrines of the Brahmins.
Nanthaniel Halhed
Vedic Literature includes:
Vedas, the Brahmanas, theAranyakas and the Upanishads
The first definite mention of Bharata as a region is to be found in :
Panini who lived about sixthcentury B.C.
The Palaeolithic Age in India isdivided into three phases namely :
Lower Palaeolithic (Handaxe andcleaver industries), MiddlePalaeolithic (Tools made onflakes)
and upper Palaeolithic (Tools made on flakes andblades)
The Harappan civilization wasdiscovered in 1920-21 following excavation :
By R. D. Banerjee (at Mohenjodaro) and By D. R. Sahni (at Harappa)
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Most people want to be delivered from temptation but would like it to keep in touch.
Nizam-ul-Mulk Asaf Jah foun-ded the state of Hyderabad in :
1724
Tipu Sultan was the Sultan (ruler) of Mysore from :
1782 to 17999
The Sikh Khalsa was formed to instil a strong martial spirit in the Sikhs by :
Tenth Sikh Guru Guru Gobind Singh in 1699
The Chief of Sukarchakiya misl (a Sikh confederacy) was :
Maharaja Ranjit Singh
Economic Affairs of India
The Rashtriya Madhyamik Shiksha Abhiyan (RMSA) aims at ensuring universal access to
secondary level education by:
the year 2017
The National Food for Work Programme was launched in :
November 2004 in 150 mostbackward districts of thecountry
Based on the European Banking system the first bank in India was started in India :
at Calcutta in 1770 named Hindustan Bank
In the country, which state is onthe top in present in newly developed Education Development
Index?
Kerala
Which bank has become the first registrar for Unique Identification Authority of India for
collecting both demographic and biometric informations of the banks account holders ?
State Bank of India
Who won the Ernst and Young Entrepreneur of the Year Award 2009 ?
Anand Mahindra
Videsh Sanchar Nigam Limited of Tata group has been renamed as
Tata Communication Limited
In Global Hunger Index (GHI) India has been ranked at :
96th place among 119 developing countries
The important gold fields in the country are :
Kolar Gold Field (Kolar district) and Hutti Gold Field (Raichur district, Karnataka) and Ramgiri
Gold Field (in Anantpur district, Andhra Pradesh)
The only tungsten producing mine in the country is :
Degana (Rajasthan)
In coal production, India ranks in the world :
Third (after China and America)
Geography (India and the World)
The middle zone of the earth with a thickness of 2780 km having anaverage density of 56 is
known as :
Pyrosphere
The instrument which records the seismic waves generated by the occurrence of earthquakes
is called :
Seismograph
Wild Ass Sanctuary is situated in :
Little Rann of Kutch, Gujarat
The headquarters of North Eastern Railway is :
Gorakhpur
The Western Ghats are also known as:
The Sahyadris
The major peaks like Mt. Everest, Kanchenjunga, Makalu, Dhaula-giri, Mansalu, Cho Oyu,
Nanga Parbat and Annapurna all are situated in:
The Greater Himalayas (Himadri)
The highest peak of the Karakoram Range is :
Mt. K2 (Godvin Austin)
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There is a charm about the forbidden that makes it unspeakably desirable.
Vembnad Lake is located in :
Kerala
The most important coal field in India is :
Jharia Coalfield
The top five million cities of India as per the 2001 census, in descending order are :
Greater Mumbai, Kolkata, Delhi, Chennai and Bangalore

Science & Technology
Institute for Nuclear Medicine and Allied Sciences is located in:
New Delhi
The instrument which graphically records physiological movement (e.g., blood
pressure/heartbeat) is known as:
Kymograph
Who invented Ball-point pen?
C. Biro in 1938
The instrument which measures strength of electric current is:
Ammeter
One Angstrom is equal to:

metre
Astronomical distance is measured in:
light year
Dynamite, Tri-Nitro Toulene (TNT), Tri-Nitro Benzene (TNB) and Tri-Nitro Phenol (TNP) and
RDX are all used as:
Explosives
The heaviest element is:
Osmium
The opposition offered by a conductor to the flow of current through it is called:
Resistance
Agriculture
As per the Eleventh Five Year Plan Period (2007-2012) target under the National Food
Security Mission (NFSM), the production of rice, wheat and pulses is to be increased by:
10, 8 and 2 million tonnes respectively
Food management in India has three basic objectives namely:
Procurement of foodgrains from farmers, distribution of food-grains to the consumers and
maintenance of food buffers for security and price stability
Keeping in view the interest of the farmers as also the need of self-reliance the Government
has been announcing Minimum Support Price (MSP) for:
24 major crops
FRP stands for:
Fair and Remunerative Price (of Sugarcane)
Under the Decentralized Procurement Scheme (DPC) operational since 1997 foodgrains are
procured and distributed by:
The State Governments themselves
National Project on Organic Farming was launched during:
10th Five Year Plan (20022007)
The instruments for food management are:
Minimum Support Price (MSP) and Central Issue Price (CIP)
RKVY stands for:
Rashtriya Krishi Vikas Yojana
The Zaid crop is grown during:
The months of March to June


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Sports and Games
Jwala Gutta and V. Diju are the famous players of:
Badminton
Lin Dan who was declared Most Valuable Player in 16th Asiad Guangzhou belongs to :
China
The youngest World Snooker Champion who won the final of ONGCIBSF World Snooker
Championship in Hyderabad in November 2009 was :
Ng-On Yee
Boris Gelfand is associated with :
Chess
Agha Khan Cup is associated with :
Hockey (Western India)
Bully, Carry, Corner, Dribble, Hat-trick, Off-side are the terms associated with :
Hockey
The playground of wrestling is called:
Arena
Fuwa was the official mascot of:
Beijing Olympics 2008
Brooklyn (USA) is a place associated with:
- Baseball
The number of players in Water Polo is:
7
Miscellany
The medical term for memory loss is :
Amnesia
Neprologist is a specialist who treats :
Kidney system
Cirrhosis is a disease which affects :
Liver
Hypnology is the study of :
Sleep
The official language of Argentina is :
Spanish
Dirham is the currency of :
Morocco
OPEC stands for :
Organisation of Petroleum Exporting Countries
Falklands Islands are in :
South Atlantic
Hertz is a unit of :
Frequency of sound waves
The function of DNA in the body is :
To control the heredity

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Articles

Articles are of TWO types. They are :
Indefinite article ---- A / An
Definite article ---- The
What's the difference?
If you want to say about ANY item, you should use the articles A / An. If you want to say about a SPECIFIC
item, you should use the article THE.
Confused?
Lets see an example. Assume that you've selected for a Bank Exam. You have a stupid friend like me. So
obviously She will ask you a party.
Suppose !! If She says
Lets go to a Restaurant, that means She doesn't have any specific restaurant in Her mind. So you can give
her party in ANY cheap restaurant. But,
If she says Lets go to THE restaurant, that means She has some SPECIFICATIONS. I mean she have a
specific restaurant in her mind. So you cant escape ;)
Well, this is the basic difference between A/An and The. There are so many differences and usages of these
articles. We shall discuss them later.

Ok, lets discuss about the Indefinite articles first.

Indefinite Articles :

A : The indefinite article 'a' is used before singular countable nouns that start with a Consonant sound.
An : The indefinite article 'an" is used before singular countable nouns that start with a Vowel sound.

Wow, Nice definitions. No? Have a look at this picture,

Have a look at some examples,

A :
A Bat
A Cat
A Rat
A Jug
An :
An Apple
An Egg
AN Ink-Bottle
An Orange
An Umbrella
Great,

Now tell me, what should I use before the words European, One-Eyed Beggar, University, Useful Website?

Please Re-Read the definitions. Here we are talking about Vowel and Consonant SOUNDS. Not the Letters.
People often confuse with this. They blindly put A before a word, if it starts with a Vowel letter (A, E, I, O, U)
and put An before the word which starts with the consonant letter.

Consider the SOUND, not the LETTER.

Confusing? Lets see a short cut for this.
If a word starts with a SWAR (Any of the Indian Language) sound, then we should use An before it.
If a word starts with a Vyanjan (An of the Indian Language) sound, then we should use A before it.

so, now see these examples,
BASIC CONCEPTS - ENGLISH
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A :
A European A One-Eyed beggar A University A Useful Website
An:
An hour An Honest Man An honourable person
Thats it.

Now lets see some more TRICKY examples in English.
Suppose , if you want to say about the Member of Parliament, you can say a Member of Parliament, But if you
use shorter form as M.P, Then you should say, He is an M.P
Lets see another example, He is an NRI but He is a Non Resident Indian
Thats all for now friends, tomorrow we shall discuss about the article THE.

Good Day.


Elementary Concepts of Number System

Concepts of Number System
In Maths it is necessary that your fundamentals are strong. Therefore, to recap for those who are not very
strong in Quantitative Aptitude, we provide some elementary concepts of number system:
Natural Numbers: Counting numbers 1, 2, 3, 4,. Are known as natural numbers. Natural numbers
are denoted by any numbers in the set {1, 2, 3, 4,}
Whole Numbers: All the natural numbers and 0 constitute whole numbers. They are denoted by any
number in the set {0, 1, 2, 3, 4,}
Even Numbers: A numbers exactly divisible by 2 is called an even number, example- 2, 4, 6, 8,..
Odd Numbers: A numbers not divisible by 2 is called an odd number, example- 1, 3, 5, 7,
Prime Numbers: A numbers which has no factor except itself and unity is a prime number, example- 2, 3,
5, 7, 11, 13,
Least Common Multiplier (LCM): For two or more numbers the smallest positive numbers in the set of
common multiples is the LCM. For example, the LCM for 4 and 5 is = 20.
Least Common Denominator (LCD): For two or more fractions, the LCD is the LCM of their denominators.
For example, for 1/3, and , the LCD is 12.
Reciprocal or Multiplicative Inverse: A number that, when used to multiply a given number, gives a product
of 1 is a reciprocal or multiplicative inverse.
For example - (4 / 5) x (5 / 4) = 1; 5 / 4 is the reciprocal of 4 / 5
Additive Inverse: A number that, when added to a given number, gives a sum of zero is an additive
inverse. For example, 4 + (-4) is the additive inverse of 4.
Place Value and Face Value : Value of a digit in a numeral is defined as the value of the place that
digit has in the numeral.
For example, in the numeral 43,269
The place value of 9 is units = 9
The place value of 6 is 6 tens = 60
The place value of 2 is 2 hundreds = 200
The place of value of 3 is 3 thousands = 3,000 and so on.
The face value of a digit in a numeral is the value of the digit itself at whatever place it may be. For example-
in the numeral, 23,265, the face value of 5 here is 5 and of 6 is 6.
Integer: An integer is any number in the set {..-3, -2, -1, 0, 1, 2, 3,}
Rational Number : Any number in the set {all numbers that can be written in the from p/q, where p and q
are integers and q is not zero) is a rational number. For example, 1/3 = 0.33333., and = 0.25
Irrational Number: Any number in the set {all numbers that do not have repeating or terminal decimal
representations} is an irrational number. For example 2 , 1,
Real Number: Any number in the set {all rational and irrational numbers} is a real number.
Absolute value: The absolute value of a number is the equivalent positive value. For example- |+2| = +2
and |-3| = +3.
Real Number: Any number in the set {all rational and irrational numbers} is real number.
Absolute value: The absolute value of a number is the equivalent positive value. For example- |+2| = +2
and |-3| = +3.

BASIC CONCEPTS NUMERICAL ABILITY
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Number Series
Number series is a set of numbers which are arranged in a certain or definite rule and satisfy a particular
definite property. The candidate is required to study the given series, identify the pattern allowed in th series
and either complete the given series with the most suitable alternative or find the wrong term in the series.
Pure Series : In this type of number series, the number itself obeys certain order so that the character of the
number itself may be :
(a) Perfect square (b) Prime cube
(c) Prime number (d) Combination of above

Find out the wrong term in the given series :
Example 1 : 1, 4, 5, 16, 25, 36, 49, 64
Explanation :
(1) 2 = 1 (2) 2 = 4 (3) 2 = 9 (4) 2 = 16
(5) 2 = 25 (6) 2 = 36
Wrong term is 5 it should be 9 i.e. (3) 2 since all terms are square of consecutive natural numbers.

Example 2 : 44, 35, 28, 23, 22
Explanation :
44 9 = 3535 7 = 28
28 5 = 23
23 3 = 20
Wrong number is 22. It should be 20

Example 3 : 5, 9, 17, 62, 45, 65
Explanation :
5 + 4 = 99 + 8 = 1717 + 12 = 29
29 + 16 = 45
45 + 20 = 65
Different of the given terms are multiple of 4.
Wrong number is 62. It must be 29

(2) Multiplication and Division Series
(i) If difference of 1st term and last term of given series is large and ratio of two consecutive terms are same.
Example 1 : 15, 45, 135, 405, 1215, 3650
Explanation :
15 X 3 = 4545 X 3 = 135135 X 3 = 405
405 X 3 = 1215
1,215 X 3 = 3645
Wrong number is 3650. It must be 3645
Ans. 3650

(ii) Consecutive terms are increasing or decreasing by a constant multiplication and constant addition
Example 2 : 7, 23, 71, 215, 645, 1943
Explanation :
7 X 3 + 2 = 2323 X 3 + 2 = 7171 X 3 + 2 = 215
215 X 3 + 2 = 650
645 X 3 + 2 = 1943
Wrong term is 650. It must be 647.
Ans. 647

(iii) Ratio between consecutive number is a perfect square number.
Example : 3, 12, 192, 6922, 442368,
Explain:
3 x 22 = 1212 X 42 = 192192 X 62 = 6912
6912 X 82 = 442368
Wrong number is 6922. It must be 6912. Ans. 6912
BASIC CONCEPTS - REASONING
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INDIA OF MY DREAMS
There is only one thing that makes a dream impossible to achieve: the fear of failure.- Paulo Coelho

When I think about my nation, India, I feel the gush of various emotions pacing up and down my mind and
heart. Some leave me with a big smile and some leave me speechless and hurt at the same time. The
relationship that we share with our country is the same that we share with our mothers. We are blessed with a
country so diverse; which in itself has wrapped us in her arms and nurtures us in the most beautiful way, right
from the time we are born. India has given us so much selflessly - only to stand by its expectations and echo
its glory in the world. While some of us are fortunate enough to have experienced the love and care of our
motherland, it is equally true that some arent. Looking at the conditions prevailing in our country today we can
think of many solutions and yes, we have seen some people putting genuine efforts to improve the conditions.
But, the big picture, the big question is with such a large population, problems of illiteracy, poverty, etc. is
there any hope for a remarkable improvement? In the race of becoming successful, updated and modern
do we really bother about the unfortunate lot of the country? Even if we do, what do we do to help them?
When I dream of India, I picture it just the way a child pictures her life. A life full of beauty, happiness, success
and romance just how they manifest its idea in Hollywood movies. It is very obvious that India has achieved in
various fields post our independence. There is no field where Indians havent imprinted their victory and
names in the hearts of people all around the world. I feel very proud to have reading newspapers where I see
names like Mr Satya Nadela, Ms Mary Kom, Ms Barkha Dutt, and so many more. It gives me a feeling of
ineffable happiness to know about the people who are standing for themselves, working for their countrys
name and being a role model for the millions of youth. As I dream further I think about those unprivileged
people for whom the govt. should provide more facilities and assistance. We know that the major part of
Indias population resides in villages, what if our rural become self sufficient and independent. Proper supply
of water, electricity and basic facilities like sanitation, medicines, etc. should be provided. We should use it as
our strength for self-sufficiency, increase in exports, surplus and providing job opportunities. When a woman,
who is responsible for the development of her child and family, becomes educated it is going to affect the
society as a whole. If women are encouraged to study and most importantly to speak up for themselves, India
would be in a far better position. Just the idea of voting for your leader is not enough for a drastic change that
we seek to take place. It is not only an issue of rural areas but urban areas as well. Do we see the equal ratio
of girls and boys in our schools, at public places, driving cars, or as professionals? It is high time that we
provide women for what they deserve and they stand by it. Mere thought of fear from critics of the society or
their own family makes them take a step back and bury their dreams and wishes themselves. Men must begin
to encourage women and supporting them rather than acting likes judges and mere spectators. It is never too
late to learn.
It is also important that we bridge the gap between the rich and poor. The poor keeps on becoming poorer and
is exploited for fulfilling his basic needs. The disabled people are judged even before they try to speak up. The
Govt. must facilitate them with education and some kind of work too so they find a meaning in their lives.
There should be an increase in the number of institutions even in the small cities so that the people who are
not very capable would not have to feel helpless about their higher education. The encouragement of just any
one sector of profession leads to demotivation of the youth. Girls are discouraged to opt for PhD as they think
it is a waste of her time and her parents resources. Why are we discouraged from listening to our hearts? Is
this how God wanted us to be? I do not agree when the creator made no differences then why do we
discriminate among everybody and belittle others? If there would be options of institutes in various regions
people would be more serious about their careers living with their parents and for that matter, disciplined too.
This is not all, it would bring about many opportunities in small towns and cities too for the youth to work and
earn well. Just like the people of the West, we also want to become independent as soon as we finish our
studies so that we could help our parents. It is important to note that every now and then many people migrate
here and there in search of better jobs and opportunities. The cut-throat competition and pressure of better
performance puts a lot of pressure on the youth.The Govt. has to make a number of decisions in respect to
the children and youth. Along with free education it should be kept in mind that India is a place of budding
writers, sportsmen, dancers and so on. The Govt. must provide them with more scholarships, sponsors and
facilities to create detachable strings in their dreams to become successful. The Govt. that we depend solely
on so many things, should me much more of a stronger institution. The wise people do not wish to enter into
the dirty politics but if they do not, how would there be a change? We look up to our parents because we
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know they are going to stand by us no matter what and this is the same that we expect from our govt. but, it
has always failed to show us its support in various cases and times. We need young people with broad minds
and positive attitudes, there should be a pre-decided retirement age, and conditions to enter into politics. The
institution that runs the country has to be free of corruption and people with puny brains and mind-sets. Only
then the women, poor and others would be respected in the country. If paid well the Indian citizens would not
choose working in western countries over India, putting a halt to brain-drain. As quoted by Erasmus, The
main hope of a nation lies in the proper education of its youth. Well if that is, do we really realize our
responsibility as the youth of our nation? If education is the cure then why even the creamy layer of students
from best schools and colleges are doing things least expected from them and ruining their parents and
countrys name ? The answers to everything wrong going on in our country is very simple - Our prejudice,
upbringing, moral values, respect towards others, mentality and attitude. Our characters solely judged on our
personal lives, weaknesses and behaviour in the society. Have you ever known the life of a little rural girl? An
innocent face with infinite hopes, dreams, eyes craving for the sight of toys, schools and lovely pink dresses.
Yes, her favourite colour is pink too, that we forgot fulfilling our wants. While complaining the next time we
should for once think about that widow who is cursed by the society on account of her husbands death. The
parents whose child got killed in the city trying to match the standards of the people around him. When the
morning headlines fall short of achievements; when no woman , no poor dies of agony and pain; when
democracy really becomes for the people; when the only time tears roll down a mothers cheeks is when she
celebrates her childs victory. When the little hands get tired of writing instead of working in homes of the rich;
when women could stand up for their rights without being afraid of an acid-attack; when no suicides are
reported on account of poor academic performances. Where we learn from the Hindus and Muslims of Pilkhua
to live together in harmony; when the youth discuss sense over fashion; the creamy layer spend on charities
rather than on latest status symbols. It would be India of my dreams. Where we could breathe our last in
peace and contentment.

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Why the Military Did Not Take Over: Understanding Pakistans Democratic Path

On May 11, 2013, for the first time since its creation in 1947, Pakistan held general elections after a
democratically elected civilian government had completed its entire five year term in power. More than 4000
candidates were contending for seats in the National Assembly (lower house of Parliament), breaking previous
records. The 55% voter turnout was the highest since the 1980s in spite of several threats from anti-state
militant groups.[i] This has been a historic milestone for Pakistan, which has suffered four military coups and
seen numerous civilian governments dismissed or overthrown before completing their terms. The all powerful
army has governed the country for more than half of its modern history, and in the process undermined civilian
institutions and increased public tolerance of authoritarianism. Therefore, the persistence of civilian rule from
2008 onward has raised several important questions about the political trajectory that Pakistan is on. Is this
indicative of a new era for democracy in Pakistan?[ii] Does it indicate progress towards a reconfiguration of
civil military relations?

This is an attempt to give an account of democratic continuation as a result of the military, based on
calculations of its incentives, disincentives and opportunities, opting against a coup. It examines civil military
relations in the 2007 2013 period in Pakistan and argues that democratic continuation occurred because of
several factors that made it unfavorable for the military to stage a coup. First, it argues that the military was
facing a institutional legitimacy crisis by the end of the Musharraf regime due to certain costly and deeply
unpopular military operations in Pakistans tribal belt. The military therefore recalculated its priorities
choosing to focus on rebuilding its image and morale, and regain public support and legitimacy. Second, even
with this above mentioned crisis, the military was intent upon exercising significant power on political affairs.
The best way for it to do this other than to directly govern the state was to help install a submissive, weak
civilian government that it could dominate. The Pakistan Peoples Party governments weakness owing to a
long history of confrontation with the states very popular and powerful judiciary, and several other governance
crises provided the military with such an opportunity to continue to exercise power behind a civilian buffer.
The military maintained this status quo by interfering in all key political affairs, and thereby undermining the
governments ability for independent decision making. Third, the military calculated that by helping install a
civilian government, it could also protect itself from domestic and international criticism directed at the state.
As argued above, it still held key political power and influenced important decision making, while the civilian
government absorbed all criticism. This provided the military with little incentive to alter the current
arrangement.

Why the Military did not Intervene

Other Priorities

Pakistans 2008 democratic transition occurred against the backdrop of a series of events that had caused a
legitimacy crisis for the Musharraf regime and the military establishment. As part of the War on Terror, the
Pakistani military had launched several military operations into its Federally Administered Tribal Areas (and
later on in Swat in Khyber Pakhtunkhwa). However, the highly conventional India-centric army was
inexperienced dealing with unconventional warfare and therefore, severely disadvantaged in counterterrorism.
It found this war against guerrilla fighters in remote and rugged FATA to be both a culture and operational
shock.[iii] There are at least two ways setbacks in these operations contributed to destabilization and
demoralization within the military establishment.First, the war had proven very costly for the army. Official
estimates suggest that around 1000 Pakistani soldiers had died in military operations in Waziristan by
2007.[iv] However, as argued by Roggio, the military has frequently understated casualties and the actual
death toll is considered to be 3000 or more.[v] Militants also abducted soldiers in large numbers. In one
incident in August 2007, more than two hundred soldiers were captured by the Taliban in South Waziristan.[vi]
Adding on to the humiliation, the military attempted to negotiate with the militants by releasing some hundred
detained tribesmen from South Waziristan, to which the Taliban responded by executing three and releasing
thirty other soldiers.[vii] Frequent suicide attacks targeting the military also claimed several lives. As noted by
Khan, the condition had become so dire that soldiers were often more concerned about how to protect
themselves from possible suicide attacks than about prosecuting the fight against the militants.[viii] Secondly,
in spite of some 70,000 troops having been deployed in the tribal belt, the military had been ineffective in
ESSAY - INTERNATIONAL ISSUE
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curbing the spread of violence [ix]. In fact, violence and militancy spread to previously peaceful areas as the
war progressed, claiming numerous Pakistani lives militants, civilians and soldiers. This intensified the
resentment and disapproval of the military among the tribal population. [x] Journalist accounts from the region
reveal locals to be hostile to the Pakistani military and instead showing their support for local rebels, whom
they called Mujahideen (holy warrior). [xi] In fact, until mid 2009, Pakistani public opinion was strongly against
military action in FATA and NWFP. Instead, a majority of Pakistanis preferred to engage with militants in
peace talks or negotiations of some sort. [xii] All this had caused a crisis of morale for the army. Not only was
it fighting a losing battle against its own citizens, but it also saw itself fighting someone elses the United
States war. According to Indian intelligence assessments obtained by the Times of India, the operations in
Swat and FATA, and subsequent demoralization had resulted in increasing number of desertions, suicides
and AWOL (absence without leave) cases among troops. [xiii] Furthermore, some instances of soldiers
refusing to obey orders were also said to have been reported in Waziristan.
[xiv] However, the Supreme Court was insistent on pursuing these cases. Chaudhry went on to ask the
government to release these individuals. Considering its poor performance in the war in FATA and in the
general struggle against spreading militancy, the military had no validation to demand further laws of impunity.
The military was thus in very bad form when General Kayani took over as Chief of Army in 2007. It was too
conventional and unprepared for fighting terrorists in FATA, highly demoralized and increasingly unpopular.
[xv] Accordingly, he focused on the task of rebuilding the morale, and regaining trust of both Pakistani citizens
and the international community. He declared 2008 the Year of the Soldier and took steps to improve living
conditions of troops from enhancing housing facilities to increased military hospitals [xvi]. Over the course of
his term, he built counterinsurgency and counterterrorism doctrines, and reformed military strategies so as to
reduce casualties and prepare troops to deal with unconventional warfare employed by militants.

A Weak Civilian Government

Regardless of the militarys multiple crises, it remained the most powerful player in Pakistani politics. This was
made possible due to a weak civilian government whose legitimacy was constantly threatened due to
repeated confrontations with the countrys popular and powerful judiciary. Public dissatisfaction with and
criticism of the government only further eroded its authority. The military saw the weakness of the civilian
government as an opportunity for it to assert its authority over the latter. [xvii] However, this amnesty ended on
October 12, 1999 hours short of covering charges against Sharif for supposedly hijacking General
Musharrafs plane, due to which the former had now also been barred from contesting in future elections. This
irked Sharif, who also felt betrayed that Bhutto had negotiated such a deal just months after the two had
signed a charter of democracy agreeing to oust Musharraf and return to the country to hold elections[xviii]
Sharif led the PML-N and thousands of supporters to join a protest movement led by lawyers in the country
demanding the reinstatement of Iftikar Chaudhry. The movement gained widespread momentum, threatening
the stability of the country and eventually prompting chief of army, General Kayani to facilitate negotiations
between Zardari and Sharif. Soon enough, Chief Justice Chaudhry and other judges dismissed by Musharraf
were restored. In December 2009, the Supreme Court struck down the NRO and revoked amnesty granted
under it to bureaucrats, politicians including Zardari.

What followed was a period of marked tensions between the civilian government and the judiciary. Zardaris
claims of having immunity as the head of state did very little to curb the Judiciarys enthusiasm in pursuing
cases pending against him. This kept Zardari on his toes throughout his term, constantly threatening his
governments legitimacy and functioning. In addition, the government feared that this would serve as the basis
for a military coup. [xix] Zardari and Chief Justice Chaudhrys proxy combat through the courts [xx] reached a
highpoint in 2012 when the judiciary convicted Prime Minister Gilani for contempt of court and disqualified
him from office. Gilani had refused to write to Swiss authorities to reopen certain money-laundering cases
pending against Zardari, even though the Swiss government said that it would not act on such a letter. [xxi]
This worried observers and sparked rumors about the PPP governments ability to complete its term. Human
rights lawyer Asma Jahangir called Gilanis removal from office a soft coup a means to threaten the
authority and legitimacy of the government and set up the stage for a military coup. [xxii] The memogate
scandal of 2011 exacerbated the confrontation between the civilian government and the judiciary. The
scandal revolves around a Pakistani American businessman Mansoor Ijaz having delivered a memo to United
States Admiral Mike Mullen claiming to represent the Pakistani civilian government. The memo, delivered in
late 2011 when US Pakistan relations were at an all-time low following the Abottabad Raid claimed that the
civilian government sought US help to restraint a potential military coup. While the military was obviously
enraged and the civilian government immediately denied it had anything to do with Ijaz or the memo, it was
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the actions of the Supreme Court that sparked debate. The Court opened investigations into the actions of the
government without any charges having been filed.[xxiii] As pointed out by Hasan, such an investigation was
the responsibility of the government, not the Supreme Court.[xxiv] The Supreme Court enthusiastically
pursued the investigations well into 2012 in spite of the civilian government having asserted that it was under
the parliaments jurisdiction and that it was handling the issue. The Chief Justices decision to open
investigations in this case but not in the case of the head of the ISI having conspired to oust the elected
government shows a clear bias on the part of the judiciary, according to Hasan.[xxv] The civilian government
had been facing several governance issues, outside of its confrontations with the military and the judiciary.
There were several riots and protests throughout its term, due to the states energy and economic crises, and
its abysmal record in providing public services, among other things.[xxvi] Protests caused fears of a possible
coup even few months before the elections. In Jan 2013, politician and sufi scholar Dr Muhammad Tahir ul-
Qadri organized a major protest demanding corrupt politicians be prevented from running for election and that
the PPP government be dissolved and replaced by a caretaker government.[xxvii] Public dissatisfaction with
the PPP government skyrocketed following the latters poor response to the 2010 floods supposedly the
worst flood in Pakistans history. Some 2000 people died as a result of the floods, 2 million saw their homes
destroyed and more than 21 million were displaced. In addition, an outbreak of water borne diseases
accompanied the direct losses of the flooding, as a result of more than 10 million people being left to consume
unsafe water. Agricultural losses took a great toll on the economy. To many observers, the governments
handling of the floods was inadequate. This episode was considered to highlight the inefficiencies and
inabilities of the civilian administration.[xxviii]To make matters worse, the media circulated images of President
Zardari alighting from a helicopter at his sixteenth century French chateau in Normandy in August 2010.[xxix]
This not only signalled that the government was indifferent, on top of being inefficient, but also drew attention
to Zardaris allegedly ill gotten wealth.[xxx] His defense that disaster management was the Prime Minister
Gilanis responsibility and not his didnt ease matters either. On the other hand, the militarys response was
widely praised; particularly its success in rescuing more than 100,000 stranded people. [xxxi]However, Fair
points out that the scale of the disaster was much beyond what the civilian government was capable of
handling. Furthermore, the army is part of the same government that is accused of doing too little.[xxxii] Yet,
public anger and criticism of the government did not factor in any such considerations.

Making Good Use of a Weak Civilian Government

While the military played a positive role in creating a stable environment for the civilian government to function
as it did with restoration of Chaudhry, it was also quite confrontational. It interfered in all key political issues,
leaving little scope for the civilian government to engage in independent decision-making.

One of the earliest tensions between the military and the civilian government was sparked by their differences
regarding the Enhanced Partnership with Pakistan Act 2009 proposed by US Senators John Kerry and
Richard Lugar. The bill, a clear sign of US interest in promoting democracy in Pakistan, significantly boosted
non-military aid. Furthermore it made aid conditional upon the US Secretary of State certifying every six
months that the military is working to dismantle domestic terror networks, limiting its interference in political
affairs and remaining under civilian oversight. The bill irked the army which considered it to be challenging the
states sovereignty and jeopardizing national security by interfering with the militarys decision making.
[xxxiv]The militarys position resonated with the fiercely anti-American sentiments in Pakistani society, and
with Nawaz Sharifs opposition to Pakistans increasing involvement in the US war on terror. However, the
PPP government believed the bill would strengthen democracy and civilian institutions in the country. Zardaris
support for the bill not just for its so called pro-democracy quality but also due to the countrys need for aid
from the United States contradicted with the general anti-American sentiments in the country and isolated
him from the military and political opponents. This episode only added to the perception that Zardari was
acting to please the US and endangering national security in the process. The governments isolated support
for the Kerry Lugar bill sparked much fear of an impending coup.

This pattern of the civilian governments decision-making being clouded by military interests continued
throughout the 2008 -2013 term. The reactions of the civilian government in the aftermath of the Raymond
Davis affair and the Abottabad Raid indicate that it had little space to act independently of the military. In
2011, when Raymond Davis, a United States Central Intelligence Agency (CIA) contractor fatally shot two
Pakistani men, alleging that he acted in self-defense when they threatened him, Zardari again found himself in
a tight spot . On one side was the US claiming that Davis had diplomatic immunity because of which he be
released, and on the other was an army indignant over Daviss presence in the country for a possible
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unilateral covert operation. According to Pakistani officials Daviss victims were ISI personnel who had been
tailing him, and their deaths injured the Pakistani military pride[xxxv] Under pressure from the military, as well
as from widespread protests by Pakistanis outraged by the idea of impunity for Davis, the Zardari government
found little space to engage diplomatically with the US. Yet, Zardari did not want to jeopardize US aid or strain
bilateral relations any further. After negotiating Daviss release provided he pay blood money to the families of
victims, Zardari once again found himself disconnected from the political mood in the country.

When the civilian government did indeed find itself at relatively better position than the military after the 2011
Abbottabad raid it did little to assert its independence. On May 2nd 2011, the United States launched a
helicopter-borne night raid killing Osama bin Laden in the cantonment town of Abbottabad, few kilometers
distance from the Pakistan Military Academy. Soon enough, the international community turned to discuss
whether Bin Ladens presence in such a high profile military town was a matter of Pakistans complicity or
incapability. Worse, the military had to answer to its own citizens who were stunned at how a military operation
of this capacity had been carried out in Pakistani territory by the US, without the armys knowledge.

Most importantly, the military found itself having to account for its actions to the civilian leadership. In a twelve
hour session of the National Assembly, senior military and intelligence officers were called upon by the
government to provide explanations and formulate a response for this sequence of events. Fair points out how
the civilian government had not seen such a window to expand its oversight over the military since the 1971
separation of Bangladesh and ensuing loss of public faith in the military.[xxxvi] Regardless, the civilian law
makers failed to take any action that would hold the military accountable or to establish mechanisms for
oversight of military affairs. Instead, it stood by as the military spun the narrative and shifted the blame on to
the US for violating Pakistans sovereignty and for undermining the scope for bilateralism.[xxxvii]

Why Take the Blame?

As can be seen in the several cases discussed above, the military continued to exercise a great deal of power
in the states decision making. But why did it not directly rule the country instead? One explanation is that it did
not want to take responsibility or open itself to criticism. Pakistans multiple crises in security, economy,
society and politics are all conditions that would normally invite speculations of a possible coup by the
military. However, as pointed out by Fair the army does not want to take responsibility this time. She argues
that the military has no interest in taking political ownership of the various compound crises besetting
Pakistan.[xxxviii] The military is therefore powerful enough to control decision making in the country, but
spared of all the burdens that come along with governing the country. Zardari, too, is well aware of this; I
dont think anybody in their right mind would want to take responsibility; its only democracy that can carry the
yoke,[xxxix]

Conclusion

This indicates how democratic continuation in Pakistan can be explained as a consequence of the military
deciding not to intervene. Thus the military chose not to intervene, not necessarily because it sought to
promote democratization in the country, rather because it calculated that it would still be able to wield power
over the civilian government, and thereby secure all its interests. The weakness of the civilian government
created an opportunity for the military to play a dominant role in political affairs and preserve its interests. It
therefore saw an opportunity to enjoy all the benefits of being in power without having to bear much of the
costs.

One question to consider is if the continuation of civilian rule has contributed to factors on the ground that
would deter a future coup, even if it the government barely survived. Even if democratic consolidation has not
reached a point where it is beyond reversal, has this episode contributed to changing values and interests in
Pakistani society? It is beyond the scope of this paper to assess or measure if any such diffusion of
democratic values has taken place among Pakistans elite or general citizenry assuming that such a change
in values would act as an effective barrier against a future military coup attempt. However, an analysis of civil
military relations in Pakistan during the 2008- 2013 period indicates how the civilian government continued
rule does not necessarily mean that it exercised any power or that it altered the balance of power among
Pakistans institutions. It shows how the military is still a powerful and popular political player capable of
threatening the civilian governments authority and reversing democratic gains.

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QUIZ CURRENT AFFAIRS
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