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RBI RESERVE RATIOS AND POLICY RATE

Repo Rate : 8.0% (Unchanged)
Reverse Repo Rate : 7% (Unchanged)
Marginal Standing Facility Rate : 9% (Unchanged)
Cash Reserve Ratio : 4% (Unchanged)
Statutory Liquidity Ratio (SLR) : 22.5% (Earlier it was 23%)

BANKS HEAD OFFICES & CMD NAMES
Name of the Bank

Allahabad Bank
Andhra Bank
Bank of Baroda
Bank of India
Bank of Maharashtra
Bharatiya Mahila Bank
Canara Bank
Central Bank of India
Corporation Bank
Dena Bank
Indian Bank
Indian Overseas Bank
Oriental Bank of Commerce
Punjab and Sindh Bank
Head Office

Kolkata
Hyderabad
Baroda
Mumbai
Pune
New Delhi
Bengaluru
Mumbai
Mangalore
Mumbai
Chennai
Chennai
New Delhi
New Delhi
CMD

Rakesh Sethi
C.V.R. Rajendran
S.S. Mundra
Vijayalakshmi R Iyer
Narendra Singh
Usha Ananthasubrahamiam
Rajiv Kishore Dubey
Shri Rajeev Rishi
Shri Sadhu Ram Bansal
Shri Ashwani Kumar
T.M.Bhasin
M. Narendra
S.L.Bansal
Shri Devender pal singh

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NEWS IN BANKING & FINANCE
1. Reserve Bank of India released second Bi- Monetary Policy Statement.
2. Treasury heads of three banks ET spoke to confirmed that RBI officials have informally
communicated that banks can resume trades under respective NOP limits.
3. Reserve Bank of India kept key rates unchanged. While the repo rate was maintained at 8% and
reverse repo rate at 7%, the SLR was cut by 50 basis points.
4. KYC norms for opening bank account have been eased by RBI. Now single documentary proof of
address can be used to open a bank account.
5. The Reserve Bank of India will modify its retail bonds linked to consumer prices as its first attempt
to insulate investors from price rises failed with only a few buying them.
6. Bank deposits grew at 13.91 per cent year-on-year to Rs. 79,00,894 crore, similar to credit
growth, data from the Reserve Bank of India (RBI) showed.
7. RBI has tightened the money laundering rules for money transfer companies and has empowered
their designated directors to penalise offerders who failed to comply with the Prevention of
Money Laundering Act, 2002.
8. India and the US have agreed to implement Foreign Accounts Tax Compliance Act (FATCA), a US
law that targets tax non-compliance by US taxpayers with foreign accounts.
9. The Reserve Bank of India allowed minors above the age of 10 to open and operate savings bank
accounts independently. This was to promote the objective of financial inclusion and to bring
uniformity among banks in opening and operating minors accounts.
10. The RBI panel, headed by Ex-Chairman of Axis Bank, P. J. Nayak, said to dilute the government
stake in public sector banks to below 50 % as the 26 public sector banks (PSBs) suffer due to
several externally imposed constraints like dual regulation by the RBI and the Finance Ministry,
and external vigilance by agencies such as the CVC and CAG, among others.
11. Reserve Bank of India (RBI) on 9 May 2014 barred Indian companies from raising the External
Commercial Borrowings (ECB) from overseas branches and subsidiaries of Indian banks for
refinance or repayment of the Rupee loans raised from domestic banking system.
12. A panel headed by former Economic Advisor to Prime Minister, C Rangarajan sets poverty line at
Rupees 32 per day in rural areas and Rupees 47 in Urban areas.
He also said that the number of poor in India was much higher in 201112 at 29.5 per cent of the
population, which means that three out of 10 persons are poor.
Punjab National Bank
State Bank of India
Syndicate Bank
Union Bank of India
United Bank of India
UCO Bank
Vijaya Bank

New Delhi
Mumbai
Manipal
Mumbai
Kolkata
Kolkata
Bangalore

K.R. Kamath
Smt. Arundhati Bhattacharya
Shri Sudhir Kumar Jain
Shri Arun Tiwari
---------
Arun Kaul
Shri.V Kannan

The Rangarajan Committee was set up last year to review the Tendulkar Committee methodology
for estimating poverty and clear the ambiguity over the number of poor in the country.
13. ICICI Bank leaves behind HDFC Bank as biggest private bank employer: ICICI Bank has overtaken
its competitor HDFC in terms of employee number with addition of over 10,000 jobs in the last
fiscal. With this, ICICI has emerged as the biggest employer in the private banking space with
more than 72,000 employees.
14. From 2015,
performance ratings of Banks on customer services will be put in public domain by Banking Codes
Standards Board of India (BCSBI).
BCSBI is rating banks on customer services on 5 parameters:
i. Information dissemination ii. Transparency iii. Customercentricity
iv. Grievance redressal system v. Customer feedback.
15. National Bank of Agriculture and Rural Development (Nabard) and the Small Farmers
Agribusiness Consortium (SFAC) have signed a memorandum of understanding (MOU) to jointly
implement schemes for the promotion of farm producer organisations (FPOs).
16. The World Bank Group (WBG) has granted GNRC, which was formerly known as Guwahati
Neurological Research Centre a grant of $150,000.
17. Bank of Maharashtra was conferred Best Bank Public Sector award in BFSI Awards2014 by
World HRD recognition of its performance in Banking category, the bank said in a statement.
18. of FDI, FII accepted by the Government of India. The
Government of India has accepted the report of Mayaram Committee thereby accepting the
definitions of FII and FDI.

SOME KEY POINTS FROM MAYARAM COMMITTEE REPORT:
i. Foreign investment of 10% or more in a listed company will now be treated as FDI.
ii. An investor may be allowed to invest below 10% and this can be treated as FDI subject to the
condition
that the FDI stake is raised to 10% or beyond within one year from the date of the first
purchase.
iii. If the stake is not raised to 10% or above, then the investment can be treated as portfolio
investment.
iv. Foreign Portfolio Investors include Foreign Institutional Investors (FIIs) and Qualified Foreign
Investors (QFIs).
v. Foreign investment in an unlisted company, irrespective of the threshold limit, may be
treated as FDI.
19. State Bank of India has partnered with payments service provider, Ezetap Mobile Solutions, to
deploy mobile pointofsale (mPOS) solution. The SBIEzetap platform would allow the bank to
provide valueadded services for merchants and consumers from a single, secure POS device and
application.

20. SEBI has issued new norms for public issuance of debt securities under which such offers have to
be of minimum Rs. 100 crore, while issuers would need to make additional disclosures and attain
atleast 75 per cent subscription.
21. Subhalakshmi Panse, former CMD of Allahabad Bank, has joined the board of Federal Bank as an
Independent Director.
22. World Bank lower forecast Growth Rate for developing countries to 4.8% from 5.3 %.
23. ICICI Bank has launched cobranded card with DMRC. It can be your credit/debit card, and offers
the benefit of 10 per cent discount that the DMRC smart card offers.
24. Export Import Bank of India (Exim Bank) entered into a memorandum of understanding (MOU)
with the Indian Council of Cultural Relations (ICCR) for establishment of a Chair for financial
management in Lagos Business School, Nigeria.
25. National Bank for Agriculture and Rural Development (Nabard) has reduced the interest rate on
its longterm refinance facility to banks by 20 basis points to promote investments in agriculture.
The new rates will be 9.5 per cent (9.7 per cent earlier) for 5 years and above and 9.7 per cent
(9.9 per cent earlier) for 35 years.
26. Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippinesbased
Asian Development Bank (ADB).
27. Exim Bank has extended USD 46 million line of credit to Mauritius for financing goods and
defence related vehicles purchases.
28. World Bank has signed an agreement with the government to provide a loan assistance of USD
1,006.20 million for Sarva Shiksha Abhiyan III, which is the largest ongoing "Education for All"
programme in the world.
29. FICCI and IDBI signed an MoU for easy access to organised finance facility at competitive interest
rates for micro, small and medium enterprise (MSME).
30. India recently launched its own payment gateway 'RuPay', equivalent of Visa and Mastercard,
which will work on ATMs and merchant outlets and help in reducing cash transactions.
Note: i. RuPay, which works on three channels ATMs, Point of Sales (POS) and online sales, is
the seventh such payment gateway in the world.
ii. The RuPay platform developed by National Payments Corporation of India (NPCI) is being
used by certain banks like ICICI, State Bank of India, Punjab National Bank, among others, for
clearing and settlement.
31. India became third largest economy in 2011 from 10th in 2005: World Bank.
32. Note: India emerged as the worlds thirdlargest economy in 2011 from being the 10th largest in
2005, moving ahead of Japan, while the US remained the largest economy closely followed by
China, latest figures have revealed.
33. Govt accepts Sahoo panel report on review of depository receipts scheme. The key
recommendations of the committee include allowing issuance of depository receipts against any
underlying securities equity or debt, by any issuer listed or unlisted.
Note: Depository receipts are receipts denominated in foreign currency created by a depository in
the country of listing.

There are two popular types of depository receipts global depository receipts and American
depository receipts.
34. ING Vysya Life Insurance Company Ltd has become Exide Life Insurance Company. The insurance
company will continue to honour its commitments and obligations under the insurance policies
issued to customers in the name of ING Vysya Insurance Company Ltd.
35. Switzerland and Norway are the world's most expensive economies, followed by Bermuda, Australia
and Denmark, according to a new ranking by the World Bank
36. Basel Committee issued Final standards to curb exposures of banks to customers. The Basel
Committee on Banking Supervision on 15 April 2014 issued Final standards for measuring and
controlling large exposures of banks to customers.
These standards will take effect from 1 January 2019
37. Bank of India (BOI) has become the first Indian bank to extend a bridge loan of $200 million to Air
India to finance the purchase of two Boeing 787 Dreamliner aircraft.
38. India leads global remittances with USD 70 bn in 2013. India's neighbour China follows second
with USD 60 billion, said the World Bank report.
39. World Trade Organisation (WTO) projected that the world trade will grow by 4.7 percent in 2014.
40. The World Bank give loan Pakistan 12 billion dollars over the next five years to help lift its
economy,
41. Qatar based Doha Bank announced its First branch in Mumbai. The branch in Mumbai will be
opened as a fullfledged bank in May 2014.
Note: Bank of Bahrain & Kuwait, Abu Dhabi Bank are the two other banks from Arab countries to
have operations in India before Doha bank.
42. Bank of India (BOI) launched Instant Money Transfer (IMT) scheme in Mumbai.
Note: IMT scheme allows customers to withdraw cash without using either debt card or credit
card at BoI's IMT-enabled ATMs. This is the first-of-its-kind initiative launched by a public sector
bank.
43. Export-Import Bank of India extended a Line of Credit of $89.90 million to the Government of
Republic of Congo, for development of transportation system in the Republic of Congo.
44. Central Bank of India has sold its entire stake in credit information provider CIBIL to Transunion
International Inc. Central Bank had a 5 per cent stake in CIBIL while Transunion is the majority
shareholder in CIBIL at 27.5 per cent.
45. Canara Bank names cricketer Shikhar Dhawan as its brand ambassador.
46. Housing Development Finance Corporation (HDFC) Bank set World record for Blood collection in a
single day. The blood donation camp organised by HDFC Bank on 6 December 2013 was recorded
in the Guinness Book of Records.
47. The World Bank has said it would provide up to $3 billion in aid for Ukraine in 2014 to help the
country deliver much needed economic reforms.
48. Bihar emerges as fastest growing state (15.05 per cent) in 2012-13: CSO Report.

Note: According to the CSO data, Gujarat ranked 6th with growth rate at 7.96 per cent, behind Bihar
and Madhya Pradesh with 9.89 per cent, Goa 8.47 per cent, Kerala 8.24 per cent and Odisha 8.09
per cent. The allIndia growth rate in 2012-13 was 4.47 per cent.
49. The Bank of Bahrain and Kuwait, BBK, plans to expand its operations in India by opening its fourth
branch in the country in New Delhi.
50. Interest rate on Post Office FDs increased by up to 0.2 per cent from 8.2 percent to 8.4 percent.
51. Indias 1st post office savings bank ATM inaugurated in Thyagaraya Nagar, Chennai.
52. SEBI approved the new Corporate Governance norms. The new corporate governance norms
would become applicable for all listed companies with effect from 1 October 2014.
53. Retirement fund body EPFO decided to increase the rate of interest on Provident Fund deposits to
8.75 percent from 8.5 percent.
54. The National Bank for Agriculture and Rural Development has sanctioned Rs 348.63 crore to
Karnataka under Rural Infrastructure Development Fund (RIDF).
55. Asian Development Bank (ADB) has provided $400 million first tranche line of credit to India
Infrastructure Finance Company Ltd (IIFCL) to help accelerate infrastructure growth through
increased private sector investment.
56. Asian Development Bank will provide USD 275 million loan for improving rural road connectivity
in five states including Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal in the
country.
57. Bharatiya Mahila Bank (BMB) and SBI Cards have joined hands for roll-out of credit cards to
customers of Indias first women-focused commercial bank.
58. Bharatiya Mahila Bank (BMB), the first all-women bank, tied with New India Assurance to launch
health insurance products for women account holders of the bank.
59. The Bank of Japan (BOJ) and RBI concluded an agreement that expands the maximum amount of
the bilateral swap arrangement (BSA) between the two countries to USD 50 billion.
Note: BOJ Governor is Haruhiko Kuroda and RBI Governor Raghuram Rajan
60. National Bank for Agriculture and Rural Development (NABARD) has reduced refinance rate for
banks and other lending agencies by 0.20 per cent to promote rural credit and rural
infrastructure.
Note: The revised rate of interest on refinance for a period of five years for commercial, state
cooperative, regional rural and primary urban cooperative banks will be 9.70 per cent, down from
9.90 per cent.
61. SEBI grants new status to three clearing corporations to National Securities Clearing Corporation,
Indian Clearing Corporation and MCX-SX Clearing Corporation.
62. World Bank will provide $250 million loan to construct disaster resilient houses and roads in
disaster-hit Uttarakhand.
63. World Bank will provide $500 million loan for water supply and sanitation projects in the rural
areas of Assam, Bihar, Jharkhand and Uttar Pradesh.
64. World Bank will provide 50 million dollar assistance to Afghanistan to support the government's
efforts to improve access to credit for micro, small and medium enterprises.

65. India became third largest economy in 2011: World Bank

BANKS TAGLINES
Public Sector Banks in India
State Bank Group Pure banking nothing else; With
you all the way
Allahabad Bank A tradition of trust
Andhra Bank Much more to do, with YOU in
focus
Bank of Baroda Indias international bank
Bank of India Relationships beyond banking
Bank of Maharashtra One family one bank
Canara Bank Together We Can
Central Bank of India Build A Better Life Around Us
Corporation Bank Prosperity for All
Dena Bank Trusted Family Bank
IDBI Bank Banking for All
Indian Bank Taking banking technology to the
common man
Indian Overseas Bank Good people to grow with
Oriental Bank of Commerce Where every individual is
committed
Punjab National Bank A Name you can Bank Upon
Syndicate Bank Your faithful & friendly financial
partner
UCO Bank Honours Your Trust
Union Bank of India Good People to Bank with
United Bank of India The Bank that begins with U
Vijaya Bank A Friend You can Bank Upon

PRIVATE SECTOR BANKS IN INDIA
Axis Bank Everything is the same except the
name
Bank of Rajasthan Dare to dream

Catholic Syrian Bank Support all the way
Centurion Bank of Punjab To rejoice working, join us
City Union Bank Trust and Excellence since 1904
Dhanalakshmi Bank Tann. Mann. Dhan.
Federal Bank Your perfect banking partner
HDFC Bank We understand your world
ICICI Bank Hum hain na!!
IndusInd Bank We Make You Feel Richer
ING Vysya Bank Jiyo easy
Jammu & Kashmir Bank Serving to Empower
Karnataka Bank Your family bank across India
Karur Vysya Bank Smart way to bank
Kotak Mahindra Bank Lets make money simple
Laxmi Vilas Bank The Changing Face of Prosperity
Nainital Bank Banking with personal touch
Saraswat Bank Service to the Common Man!
South Indian Bank Experience Next Generation
Banking
Yes Bank Experience our expertise

FOREIGN BANKS IN INDIA
ABN-AMRO Bank Making More Possible
Abu Dhabi Commercial Bank Our Vision. Your Future.
Bank of Ceylon BOC-the Bank you can trust
BNP Paribas Bank The bank for a changing world
Citi Bank The Citi never sleeps
China Trust Commercial Bank We Are Family
Deutsche Bank A Passion to Perform
HSBC The worlds local bank
JPMorgan Chase Bank The right relationship is everything
Standard Chartered Bank Your Right Partner
Scotia Bank Youre richer than you think

APPOINTMENTS
NEW APPOINTMENTS IN INDIA

THE LIST OF NEWLY APPOINTED CABINET MINISTERS:
1. Rajnath Singh: Home Minster
2. Sushma Swaraj: External Affairs & Overseas Indian Affairs
3. Arun Jaitley: Finance Corporate Affairs & Defence
4. M. Venkaiah Naidu: Urban Development Housing and Urban Poverty Alleviation & Parliamentary
Affairs
5. Nitin Jairam Gadkari: Road Transport and Highways Shipping + Rural Development, Panchayati
Raj & Drinking Water and Sanitation
Note: Nitin Jairam Gadkari given additional charge of Rural Development, Panchayati Raj &
Drinking Water and Sanitation as Gopinath Munde died in Road accident.
6. D.V. Sadananda Gowda: Railways
7. Uma Bharati: Water Resources, River Development and Ganga Rejuvenation
8. Dr. Najma A. Heptulla: Minority Affairs
9. Ramvilas Paswan: Consumer Affairs, Food and Public Distribution
10. Kalraj Mishra: Micro, Small and Medium Enterprises
11. Narendra Singh Tomar: Mines & Steel Labour and Employment
12. Jual Oram: Tribal Affairs
13. Radha Mohan Singh: Agriculture
14. Thaawar Chand Gehlot: Social Justice and Empowerment
15. Smriti Zubin Irani: Human Resource Development
16. Dr. Harsh Vardhan: Health and Family Welfare
New Governors appointed for five states
New governors have been appointed in Uttar Pradesh, Chhattisgarh, West Bengal,
Gujarat and Nagaland.

1. Ram Naik will be the new Governor of Uttar Pradesh
2. Balramji Dass Tandon, the Governor of Chhattisgarh.
3. Keshari Nath Tripathi, former UP Assembly speaker, has been appointed as the
Governor of West Bengal
4. Om Prakash Kohli, former Delhi BJP chief, will be the new Governor of
Gujarat.
5. Padmanabha Balakrishna Acharya has been appointed as Nagaland Governor.
Note: The President has accepted the resignation of Vakkom Purushothaman, as
Governor of Tripura and given additional charge to Mr. Acharya.

17. Maneka Gandhi: Women and Child Development
18. Ananthkumar: Chemicals and Fertilizers
19. Ravi Shankar Prasad: Communications and Information Technology & Law and Justice
20. Ashok Gajapathi Raju: Civil Aviation
21. Anant Geete: Heavy Industries and Public Enterprises
22. Harsimrat Kaur Badal: Food Processing Industries

OTHER APPOINTMENTS
1. Shaktikanta Das: New Revenue Secretary. He replaced Rajiv Takru.
2. Rajeev Topno: appointed as Private Secretary to Prime Minister Narendra Modi.
3. Vishal Sikka: appointed as New CEO of Infosys
4. B Ashok: appointed as New IOC Chairman. He replaced R. S. Butola.
5. Amit Shah: New BJP President. He replaced Rajnath Singh.
6. Kamla Beniwal: New Governor of Mizoram
7. Ram Naresh Yadav: New Governor of Chhattisgarh.
8. i. Margaret Alva, the Governor of Rajasthan was given the additional responsibility of Gujarat.
ii. Bihar Governor DY Patil took additional charge of West Bengal
9. A.K. Dubey: appointed as Chairman of Coal India Limited
10. Sirikonda Madhusudhana : First speaker of Telangana Legislative Assembly.
11. S. L. Bhojegowda: ViceChairman of Bar Council of India
12. Narendra Damodardass Modi sworn in as the 15th Prime Minister of the country.
13. Sumitra Mahajan: new Lok Sabha Speaker
14. Chandrababu Naidu swornin as First Chief Minister of Andhra Pradesh.
15. K. Chandrasekhar Rao (KCR) was sworn in as its first Chief Minister of Telangana
16. Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippinesbased
Asian Development Bank (ADB).
17. Mallikarjun Kharge elected leader of Congress in Lok Sabha.
18. Nripendra Mishra appointed Principal Secretary to PM
19. Jitan Ram Manjhi: new Bihar CM
20. T. R. Zeliang: appointed new CM of Nagaland. He succeed Neiphiu Rio
21. Nabam Tuki swornin as CM of Arunachal Pradesh for second term.
22. R.M.Lodha: New Chief Justice of India. He is the 41st Chief Justice of India. He succeeds Justice P.
Sathasivam.
23. Mukul Rohatgi appointed 14th New Attorney-General of India. He replace G.E. Vahanvati

24. Ajit Kumar Doval appointed as new National Security Advisor
25. Rajiv Mathur takes over as New CIC (Chief Information Commissioner). He succeeds Sushma
Singh,
26. Anandiben Patel: new CM of Gujarat
27. Naveen Patnaik sworn in as Odisha Chief Minister
28. Pawan Chamling sworn as Sikkim CM for record 5th time.
29. Lt Gen Dalbir Singh Suhag: appointed new Army Chief. He succeed Gen Bikram Singh.
30. R. Gandhi appointed Deputy Governor of RBI. He replace Anand Sinha
31. Robin K Dhowan: appointed New Navy Chief.
32. Arup Raha new Air Chief Marshal. He succeeded NAK Browne.
33. Arvind Mayaram: appointed new Finance Secretary. He replaced Sumit Bose.
34. Saurabh Chandra: new Oil Secretary.
35. Sudhir Gupta: appointed new TRAI Secretary
36. Rajeev Kher: appointed new Commerce Secretary. He replaced S.R. Rao.
37. Ashok Lavasa: appointed Civil Aviation Secretary. He replace K N Srivastava.
38. Justice G. Rohini: become the first woman Chief Justice of the Delhi High Court.
39. Ila Patnaik: appointed as Principal Economic Advisor
40. Retired Air Chief N.A.K. Browne appointed new Indian envoy to Norway.
41. Rahul Kulshreshth appointed new Indian envoy to Turkey
42. Sunil Gavaskar: appointed as Interim President of BCCI
43. G. Gopalakrishna: joined as director of Centre for Advanced Financial Research and Learning
(CAFRAL).
44. Suresh Kumar Reddy appointed as the First ambassador to ASEAN.
45. Ms. Lakshmi Swaminathan became the first Indian to become president of Administrative
Tribunal of the Asian Development Bank (ADB)
46. Lalit Modi elected president of Rajasthan Cricket Association.
47. Arundhati Bhattacharya: SBI's first woman Chairman
48. Thomas Mathew: New Chairman of MCX Stock Exchange
49. Sheila Dikshit: New Governor of Kerala.
50. Dinesh Sarraf: appointed as Chairman and Managing Director (CMD) of Oil and Natural Gas
Corporation (ONGC). He replaced Sudhir Vasudeva.
51. Gautam Bambawale: new Indian ambassador to Bhutan
52. Jude Felix: appointed coach of the National mens hockey team.
53. Yaduvendra Mathur : appointed as Chairman and Managing Director of Export-Import Bank of
India (Exim Bank)

54. Aditi Khanna became first women President of Indian Journalist's Association
55. Mukul Mudgal: appointed as the new chairperson of Broadcasting Content Complaints Council
(BCCC)
56. R.K.Tiwari: appointed as the new chairman of Central Board of Direct Taxes (CBDT). He succeed
Chairperson Sudha Sharma.
57. Poonam Khetrapal Singh: appointed as Regional Director of World Health Organisation (WHO)
South-East Asia Region.
58. Justice Ashok Kumar Mathur: appointed Chairman of the 7th Pay Commission
59. Akhilesh Das Gupta re-elected president of the Badminton Association of India (BAI)
60. N Ramachandran: New President of Indian Olympic Association (IOA)

NEW APPOINTMENT IN WORLD
1. N. Srinivasan: appointed first chairman of International Cricket Council (ICC).
2. Michelle Howard became the first female four-star admiral in US Navy. She is the first women
admiral in 236 year old history of US Navy.
3. Jean-Claude Juncker: named as next European Commission president
4. Chung Hung Won retained as Prime Minister of South Korea.
5. Mustafa Kamal: appointed New President of International Cricket Council (ICC).
Note: Mustafa Kamal has become the first from Bangladesh to be president of International
Cricket Council (ICC).
6. Indian-origin judge V.K. Rajah appointed as 8th Attorney-General of Singapore.
7. Juan Manuel Santos re-elected Colombia president.
8. Affairs Minister, Sam Kahamba Kutesa elected President for the 69th Session of
United Nations General Assembly (UNGA). He replaced John William Ashe.
Note: United Nations General Assembly (UNGA) comprises 193 member nations.
9. Emma Watson, the British Actress appointed as the Goodwill Ambassador for UN Women.
10. Reuven Ruby Rivlin elected as 10th president of Israel. He succeed Shimon Peres.
11. nominated as U.N. High Commissioner for Human
Rights
12. : elected Syria President for third time
13. Dalia Grybauskaite: new President of Lithuania
14. Peter Mutharika is new Malawi president
15. Abdel Fattah Al Sissi new President of Egypt
16. Jacob Zuma sworn in as South Africa's President for second term
17. Petro Poroshenko: New President of Ukraine

18. Hiroshi Naka appointed as Vice President and Auditor General of World Bank.
19. Kathleen Stephens Named Interim US Ambassador to India.
20. Maj. Gen. Kristin Lund appointed first woman to lead UN force. She replace Chinese Maj. Gen.
Chao Liu.
21. Niwatthamrong Boonsongpaisan. New interim PM of Thailand: Note: Ms. Yingluck shinawatra
and nine Cabinet members were forced to step down by the Constitutional Court, which found
her guilty of abuse of power.
22. Ahmed Maiteeg : New PM of Libya
23. Juan Carlos: New President of Panama
24. Rajeev Suri: New Nokia CEO & President
25. Abdelaziz Bouteflika: New President of Algeria
26. Viktor Orban: New reelected PM of Hungary
27. Manuel Valls: New Prime Minister of France
28. Marie-Lousie Coleiro Preca: New President of Malta
29. Joseph Muscat: PM of Malta
30. Ibrahim Mahlab: New Prime Minister of Egypt. Ibrahim Mahlab replace Hazem el-Beblawi .
31. Michelle Bachelet: New President of Chile
32. Matteo Renzi: New Italy's youngest PM. He is the 39 year old leader of the Centre-Left
Democratic Party,
33. Arseniy Yatsenyuk : New Prime minister of Ukraine
34. Sushil Koirala: New PM of Nepal. He replaced Khi- Raj- Regmi.
35. John Thompson: New Chairman of Microsoft. He succeeded Bill Gates
36. Satya Nadella: New CEO of Microsoft. He replaced Steve Ballmer and he takes over as the third
CEO of the Microsoft firm.
37. Marco Lambertini appointed as director-general of WWF (World Wide Fund for Nature)
International
38. Jens Stoltenberg: New Secretary General of North Atlantic Treaty Organisation (NATO). He
replaces the incumbent Secretary General Anders Fogh Rasmussen.
39. Sheikh Hasina: New PM of Bangladesh. She belongs to Awami League party.
40. Janet Yellen: New chairman of the Federal Reserve. She succeeded Chairman Ben Bernanke.
Janet Yellen, the first woman to chair the Federal Reserve in its 100 year history. Federal Reserve
is the name of the Central Bank of US.
41. Abdul Basit: New Pakistani envoy to India: He replaces Salman Bashir.
42. Aizaz Chaudhry: New Foreign Secretary of Pakistan
43. Jalil Abbas Jilani: New Pakistani Ambassador to US
44. Sumith Nakandala: First Secretary General of BIMSTEC

45. Angela Merkel: begins third innings as German chancellor.
46. Abdiweli Sheikh Ahmed: New Prime Minister of Somalia.
(Mogadishu is the Capital Somalia).
47. Ashraf Jehan: First female judge in Paks National Sharia Court
RAILWAY BUDGET
Key Highlights
* No new increase in passenger fares and freight charges
* 58 new trains and extension of 11; 864 additional EMUs to be introduced in Mumbai over 2
years
* 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
* Reservation system to be revamped, ticket-booking through mobile phones, post offices to
be popularised
* Online platform, unreserved tickets
* Combo parking-platform tickets at stations
* Women RPF Constables to escort ladies coaches; 4,000 women constables to be inducted
* Retiring room facility to be extended to all stations
* Battery operated cars for differently abled and senior citizens at major stations
* Feedback services through IVRS on quality of food
* Food can be ordered through SMS, phone; Food courts at major stations
* Cleanliness budget up by 40 percent over last year
* CCTVs to be used at stations for monitoring cleanliness
* Setting up of corpus fund for stations' upkeep; RO drinking water at stations and trains
* Automatic door closing in mainline and sub-urban coaches
* 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
* Some stations to be developed to international standards through PPP model
* Parcel traffic to be segregated to separate terminals to make passenger traffic unhindered
* 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.

UNION BUDGET 2014
Key Highlights
Here are the highlights of the budget presented by Finance Minister Arun Jaitley.
Fiscal deficit
* Accepts fiscal deficit target of 4.1 percent of GDP for 2014/15
* Fiscal deficit seen at 3.6 percent of GDP in 2015/16
* Finance Minister says: "We cannot spend beyond our means"
* Tax-to-GDP ratio must be raised
Growth
* Aims for sustained growth of 7-8 percent in the next 3-4 years
* Finance minister says he is bound to usher in policies for higher growth, lower inflation
Taxation
* Aims to approve goods and services tax by end of this year
* Will not change rules on retrospective taxation
* All pending cases of retrospective tax for indirect transfers to be examined by a high-level
committee before action is taken
* Proposes changes in transfer pricing mechanism
* Extends 5 percent withholding tax on corporate bonds until June 30 2017
* Income tax exemption limit raised by Rs 50,000 to Rs 2.5 lakh and for senior citizens to Rs 3
lakh
* Government expects Rs 9.77 lakh crore revenue crore from taxes
* Long term capital gain tax for mutual funds doubled to 20 per cent; lock-in period increased
to three years
* Excise duty on footwear reduced from 12 per cent to 6 per cent
* Net effect of direct tax proposals is revenue loss of Rs 22,200 crore
* Tax proposals on indirect tax front would yield Rs. 7,525 crore
Investment
* Raises limit on foreign direct investment in defence sector from 26 per cent to 49 per cent;
raises FDI limit in insurance sector to 49 percent
* Earmarks Rs 7000 Crore to create 100 "smart cities"

* Will provide the necessary tax changes to introduce real estate investment trusts and
infrastructure investment trusts
* Proposes Rs 4000 crore for affordable housing through national housing bank and extends
tax incentives for housing loans
* Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from
Rs 1 lakh.
* Investment limit in PPF raised to Rs 1.5 lakh from Rs 1 lakh
Foreign direct investment
* Raises limit on foreign direct investment in defence sector from 26 percent to 49 percent
* Raises FDI limit in insurance sector from 26 percent to 49 percent
Spending
* Capital outlay for defence raised by 50 billion rupees over interim budget
* Earmarks Rs 7000 crore to create 100 "smart cities"
* Proposes Rs 5000 crore for warehousing capacity; 100 billion rupees of private capital for
start-up companies; and 378 billion rupees of investment in national and state highways
* Rs 4000 crore for affordable housing proposed through national housing bank and extends
tax incentives for housing loans
* Proposes Rs 8000 crore for rural housing scheme
Subsidies
* Plans to make food and petroleum subsidies more targeted
* Rural job-guarantee scheme, which provides 100 days of paid employment a year, will
become more focused on asset creation
* Proposes Rs 8000 crore for rural housing scheme
Agriculture
* Will focus on achieving 4 growth per year in agriculture
* Proposes a long-term rural credit fund with an initial corpus of Rs 5000 crore
* Rs 100 crore for development of organic farming
Social sector
* Pension Scheme to be revived for a year (Aug 15-14) for citizens above 60
* Rs 50,548 crore for SC welfare schemes.
* Rs 32,387 crore for ST welfare schemes.
Infrastructure
* Earmarks Rs 500 crore for 24x7 uninterrupted power in all homes
* Rs 100 crore for metro projects in Lucknow and Ahmedabad
* Rs 2,037 crore set aside for Integrated Ganga Conservation Mission called 'Namami Gange'

* Rs 200 crore for world-class sports stadium in Jammu and Kasmir
* Trade Facilitation Centre in Varanasi Handloom and Crafts Museum
* Rs 1000 crore to enhance rail connectivity in the Northeast
* Rs 2250 crore for the development and modernization of the border infrastructure
* A project on the river Ganga called 'Jal Marg Vikas' for inland waterways between Allahabad
and Haldia; Rs 4,200 crore set aside for the purpose
* War memorial to be set up along with a war museum; Rs 100 crore set aside for this
* Rs 7,060 crore for setting up 100 Smart Cities
Education
* Five more IIMs to be opened in HP, Punjab, Bihar, Odisha and Rajasthan
* Five more IITs in Jammu, Chattisgarh, Goa, Andhra Pradesh and Kerala.
* Four more AIIMS like institutions to come up in Andhra Pradesh, West Bengal, Vidarbha in
Maharashtra and Poorvanchal in Uttar Pradesh

FDI LIMIT IN VARIOUS SECTORS
1. Defence Raised to 49% from 26%
2. Pension 49
3. Insurance 49
4. Print Media 26
5. Civil Aviation 49
6. Public Sec. Banks 20
7. Private Sec. Banks 74
8. Multi Brand 51
9. Single Brand 100
10. Tourism 100

IMPORTANT COMMITTEES IN BANKING SECTOR
1. M.P. Bezbaruah: to suggest suitable remedial measures to address concerns regarding security of
people from North East.
2. B. Sambamurthy: panel favours single mobile banking app on all SIMs. Panel recommended that
customers should not be required to visit the bank branch for mobile number registration.
3. Vijay Kelkar Committee was appointed by the Petroleum and Natural Gas Ministry to prepare a
road map to make India self-sufficient in oil and natural gas by 2030.
4. Deepak Mohanty Committee: on Data and Information Management in the Reserve Bank of India
5. K. K. Mehrotra Committee: to inquire gas leakage in Bhilai Steel Plant.

6. P.J. Nayak: to review Governance of Boards of Banks in India. The committee was constituted
under the chairmanship of P. J. Nayak. He is a former Chairman and CEO of Axis Bank.
7. Nachiket Mor Committee: to permits NBFCs to work as Business Correspondents of banks.
8. Vishnu Sahay committee: look probe into the Muzaffarnagar communal violence.
9. Urjit Patel Committee : to examine the current monetary policy framework
10. Mukul Mudgal member panel to probe IPL spotfixing
11. Nachiket Mor : committee on comprehensive financial services for small businesses and
lowincome households.
12. Justice A.P. Shah committee : to head panel on road safety
13. Anil Kaushal committee: to examine the recommendations made by the TRAI on pricing of
Spectrum.
14. Bimal Jalan panel : to scrutinize applications for new bank licenses.
15. Parthasarathi Shome. for Tax Administration Reform Commission (TARC), Suggest a system to
enforce better tax compliance
16. Kirit Parikh panel : on fuel pricing has suggested that the diesel prices should be increased by Rs.
1-1.50 a litre every month as against the 45-50 paise monthly hike followed currently.
17. K U.B. Rao : the idea of setting up Bullion Bank or Bullion Corporation of India
18. Arvind Mayaram Panel: report on the alleged irregularities at the National Spot Exchange Ltd
(NSEL)
19. Arvind Mayaram Committee for giving clear definitions to Foreign Direct Investment (FDI) and
Foreign Institutional Investment (FII)
20. Suma Verma Committee : to update, and revise the Banking Ombudsman Scheme, 2006
21. Damodran Committee: on improvement of customer services in banks
22. Shri M. Narasimham Committee: on Banking Sector Reforms
23. Shri K.U.B. Rao Committee: recommended aligning gold import regulations
24. K M Chandrasekhar committee : for rationalization of foreign investment norms
25. Shri Pulak Kumar Sinha Committee: to study the feasibility of Aadhaar as an additional factor for
authentication of card present transactions
26. Mukul Mudgal Committee: looking into US giant Walmart's lobbying activities to enter India.
27. Shri Raghuram Rajan Committee: on Financial Sector Reforms,
28. Shri B. Mahapatra Committee: to review the existing prudential guidelines on restructuring of
advances by banks/financial institutions
29. Shri Aditya Puri Committee: Dissemination of Credit Information
30. MBN Rao Committee: to prepare the blueprint of Indias first womens bank

AWARDS & HONORS
1. World Food Prize 2014: Indiaborn plant scientist Sanjaya Rajaram has been named the winner of
the World Food Prize for his breakthrough achievement in increasing global wheat production by
more than 200 million tonnes following the Green Revolution.
2. Moortidevi Award 2013: C Radhakrishnan selected for Moortidevi Award 2013. He has been
selected for his novel Theekkadal Katanhu Thirumadhuram.
Note: i. Radhakrishnan is the second Malayalam writer to be awarded with the Moortidevi
award. The first Malayalam author to win the award was Akkitham Achuthan Namboothiri in
2009 for his selected poems.
ii. Haraprasad Das was conferred the Moortidevi Award for 2012 for 'Vamsha, a poetic recreation
of the Mahabharata
3. Jnanpith Award 2013: Noted Hindi poet Kedarnath Singh has been chosen for the prestigious
Jnanpith award for 2013. He will be the recipient of the 49th Jnanpith award.
4. Pen Pinter prize 2014: Salman Rushdie wins Pen Pinter prize for his outstanding literary output
and support for freedom of expression.
5. Sudarsan Pattnaik won prize at World Cup of Sand Sculpting 2014. He won prize for his work Save
Tree, Save the Future.
6. Malala Yousafzai wins Liberty Medal from the National Constitution Centre in Philadelphia.
7. France honoured Shahrukh Khan with Knight of the Legion of Honour
Note: The award of Officier de la Legion d'Honneur (Officer of the Legion of Honour) is the highest
honour among Civilians and Military bestowed by France on French citizen as well as foreigners.
8. Gro Harlem Brundtland awarded with the first Tang Prize in sustainable development.
9. Former TATA Group Chairman Ratan Tata received an honorary doctor of laws degree from York
University in Toronto, Canada.
10. Indian origin physicist Tejinder Virdee was honoured knighthood Bachelor by Queen Elizabeth II.
He was awarded for his work on the Higgs Boson theory.
11. GMR wins arbitration award against Maldivian govt: Indian infrastructure giant GMR has won the
arbitration award against Maldivian government for wrongful termination of Airport project
contract.
12. rd Swraj Paul has been honoured with
the Lifetime Achievement Award by a UK-based business association for his outstanding
contribution to the industry, education and philanthropy.
13. Irish author Eimear McBride won the 2014 Bailey's Women's Prize for Fiction for her first novel A
Girl is a Half Formed Thing.
14. Project Mobile Seva under DeitY won the 2014 United Nations Public Service Award
Note: The project Mobile Seva under Department of Electronics and Information Technology
(DeitY) won second rank in the 2014 United Nations Public Service Award. Department of
Electronics and Information Technology comes under Ministry of Information and Technology.

15. Golden Peacock Awards 2014: Technopark Technology Business Incubator (TTBI) was chosen for
the Special Commendation at the Golden Peacock National Training Awards 2014.
16. Bharat Ratna Award: Sachin Tendulkar and CN Rao conferred Bharat Ratna Award 2013.
Note: Tendulkar is the first sportsman and the youngest recipient of the the Bharat Ratna
ii. Prof Rao is a well recognized international authority on solid state and materials chemistry is
the third scientist to received award after CV Raman and former President A.P.J Abdul Kalam.
iii. The Bharat Ratna was announced after a gap of four years with Hindustani music doyen
Bhimsen Joshi being the last recipient in 2009.
17. Dadasaheb Phalke Award 2013: Veteran poet and film lyricist Gulzar has been chosen for the
coveted Dadasaheb Phalke Award for 2013. He is the 45th winner of the Dadasaheb Phalke
Award.
18. Pulitzer Prize 2014: India-born poet Vijay Seshadri has won the prestigious 2014 Pulitzer Prize in
the poetry category for his work '3 Sections'.
19. Goldman Prize for environmental activist Ramesh Agrawal. He received the prize for helping
villagers fight coal mining in Chhattisgarh.
20. Caparo Group founded by leading NRI industrialist Lord Swraj Paul has won the International
Business of the Year award 2014
21. Donna Tartt wins fiction Pulitzer Prize 2014 for novel 'Goldfinch'
22. Miss India 2014: Koyal Rana new Miss India.
23. Gandhi Peace Prize for 2013: Eminent Gandhian and environmentalist Chandi Prasad Bhat
selected for the award.
Note: A pioneer of the Chipko Movement for which he was also awarded the Magsaysay Award in
1982, Mr. Bhatt was given the Padma Bhushan by UPA-I in 2005.
24. Saraswati Samman 2013: Govind Mishra selected for for his book Dhool Paudho Par.
25. Pritzker Prize 2014: Japanese architect Shigeru Ban won the Pritzker Architecture Prize 2014. He
won the award for his creative and inexpensive designs for disaster relief shelters.
26. Abel Prize 2014: Russian mathematician Yakov Grigorevich Sinai won the award.
27. Laxmi, an acid attack victim gets International Women of Courage Award (US honour).
28. Vyas Samman 2013: Vishwanath Tripathi been selected for the prestigious Vyas Samman for the
year 2013.
Note: Tripathi has been chosen for the coveted annual literary award instituted in 1991 by the K K Birla
Foundation for his memoir 'Vyomkesh Darvesh', a biolgraphy of noted Hindi scholar Acharya
Hazari Prasad Dwivedi.
29. G D Birla Award 2013: Rajesh Gopakumar was selected for the 23rd G D Birla Award for scientific
research for the year 2013.
30. M S Subbulakshmi Award 2014: Mathangi Sathyamurthy, Karnataka musician was selected for
the award.

31. Britain's highest awards: Ratan Tata, former chairman of the Tata Group honoured by Queen
Elizabeth with a GBE (Knight Grand Cross), which is one of the highest civilian honours in Britain.
32. Luis Suarez named as Professional Footballers' Association Player of the Year.
33. MS Dhoni won United Kingdoms 2014 Asian award for outstanding achievement in Sports.
34. Shikhar Dhawan named one of Wisden's Five Cricketers of the Year award.
35. Sachin Tendulkar won Cricketer of generation award
36. Tomas Halik, the Czech priest won the Templeton Prize for 2014.
37. Hindustan Aeronautics Ltd (HAL) received the Most Efficient Navratna Award for the year 2013.
38. Anand Kumar, the founder of Super30 got 2014 Ramanujan Mathematics award
39. Indian Writer Pankaj Mishra won Windham Campbell Literature Prize 2014
40. Australian pacer Mitchell Johnson won the coveted Allan Border medal.
41. Cyrus Mistry wins DSC Prize 2014 for South Asian literature for his book Chronicles of a Corpse
Bearer.
42. Germany goalkeeper Nadine Angerer has been named the best women's football player in the
world for 2013.
43. Sunil Gangopadhyay Memorial Award of 2012 and 2013: two eminent Bengali poets, namely
Nirendranath Chakraborty and Sankha Ghosh, respectively.
44. C.K. Nayudu award: Former India captain Kapil Dev received the Col. C.K. Nayudu Lifetime
Achievement Award for 2013.

OSCAR AWARD 2014:
Best Film - 12 Years a Slave Directed by Steve McQueen
Best Actor - Matthew McConaughey for: Dallas Buyers Club
Best Actress -Cate Blanchett for: Blue Jasmine
Best Director -Alfonso Cuarn for Gravity
Best Actor in a Supporting Role - Jared Leto for: Dallas Buyers Club
Best Actress in a Supporting Role - Lupita Nyong'o for 12 Years a Slave
Best Foreign Language Film - The Great Beauty (Italy)
Note: "Gravity" pulled in 7 Oscars, including best director, at the 86th Academy Awards on March 2,
2014.

61st National Film Awards:
Best Film: 'Ship of Theseus' Director Anand Gandhi
Best Actor: Rajkumar Rao for 'Shahid' and Suraj Venjaramudu and Venajaramoodu for Malayalam movie
'Perariyathavar'

Best Actress: Geetanjali Thapa for Liars Dice
Best Director Award: Pranjal Dua for 'Chidiya Ud' (Hindi)
Best Popular Film providing Wholesome Entertainment: 'Bhaag Milkha Bhaag'
Best Film on Social Issues: 'Tojia Dharm Kauncha'
Best Non Feature Film: 'Rangbhoomi'
Best Supporting Actor: Saurabh Shukla, 'Jolly LLB'
Note: 'Cinema Ka Cinema' got the Best Book on Cinema, while the Best Film Critic award went to Alka
Sahania
Director of Film 'Shahid' Hansal Mehta
Director of Film 'Jolly LLB' Subhash Kapoor
Director of Film Liars Dice Geetu Mohandas

DEATHS
1. Gary Gilmour, former cricketer of Australia died
2. Gopinath Munde: Rural Development Minister passes away
3. Zohra Sehgal: Veteran Bollywood actress Zohra Sehgal known for her jovial roles in films like Dil
Se, Kal Ho Naa Ho, Veer- Zaara, Cheeni Kum and Saawariya passed away. She was 102.
4. Granville Austin, the eminent scholar of the Indian Constitution died in Washington DC.
5. Ramanarayanan, Tamil film director and producer, died at 65.
6. Telangana Shakuntala: Popular Tollywood character actress passed away
7. Ideologist and Sanskrit Scholar Sukumari Bhattacharji died
8. Father of Malaysian Hockey Sultan Azlan Shah passes away
9. Veteran CPI(M) leader R.Umanath passed away
10. Madhav Mantri, a cricketing doyen, passes away
11. Veteran Congress leader and former minister Sitaram Prasad passed away
12. N Srinivasan, the veteran nuclear scientist died
13. Russy Mody: Management guru Russy Mody who was known for his man management while he
headed Tata Steel and was awarded Padma Bushan died
14. Capt. C. P. Krishnan Nair, Founder Chairman of The Leela Palaces, Hotels and Resorts, passed
away
15. N. Janardhan Reddy: Former Andhra Pradesh Chief Minister died.
16. Elena Baltacha: Ex-tennis player dies of cancer
17. Khaled Chowdhury: Noted theatre personality died
18. Bob Hoskins: British actor dies

19. Tito Vilanova, Former Barcelona coach Vilanova dies.
20. Pulitzer Prize winning journalist Anja Niedringhaus shot dead in Afghanistan.
21. Famous writer and journalist Khushwant Singh passed away he was 99.
22. Note: Singh was best known for his trenchant secularism, his humour, and an abiding love for
poetry.
22. Former Bharatiya Janata Party president Bangaru Laxman died in Hyderabad after a prolonged
illness.
23. Former TRAI Chairman J.S. Sarma, an advocate of telecom sector reforms, has passed away after
an illness
24. Tennis player Elena Baltacha passed away due to liver cancer. She was 30 years old. She was also
Former British No 1 tennis player.
25. Sir Jack Brabham, the three-time Formula One world champion passed away at his home in
Australia after a long illness. He was 88 years old. He was also known as Black Jack.
26. Anjan Das died at the age of 62. He was an Indian National Film Award winning filmmaker (Faltu).
He died of liver cancer.
27. Shanti Patel died at the age of 93. She was an Indian politician, freedom fighter and trade
unionist.
28. American Football player Bob Mischak, died at the age of 81.

SUMMITS:
40th G-7 summit 2014 was held at Justus Lipsius building, Brussels at the Council of the European
Union on 4 June 2014 5 June 2014.
ATOMEXPO-2014 Nuclear Energy Forum was held in Moscow from 9 to 11 June 2014.
Angelina Jolie and William Hague launched a four-day Global Summit to End Sexual Violence in
Conflict in ExCel London.
Organization for Security and Co-operation (OSCE) Japan Conference was held in Tokyo on 17
June 2014.
One day long meet of SAARC Monsoon Initiative Programme National Working Group was
organised in Bhopal, Madhya Pradesh on 20 June.
A high-level forum Acting on the Call: Ending Preventable Child and Maternal Deaths was held in
Washington on 25 June 2014.
6
th
BRICS Summit host by Brazil from 14- 17 July, 2014.
MOU
UN and IOC signed an agreement to use the power of sports to promote peace and economic
development
Slovakia and Ukraine signed Framework Interconnection Agreement on gas supply.
The Philippines and the United States signed a 10 year long defence pact on 28 April 2014.

US President Barack Obama and Japanese Prime Minister Shinzo Abe issued a Joint Statement in
Tokyo, robusting the trilateral relation with India.
GMR Infrastructure signed the concession agreement with Mactan Cebu International Airport.The
agreement is to develop and operate the Mactan International Airport.
Ircon International Limited signed a MoU with Transparency International India for implementing
Integrity Pact.
India and Bhutan signed an agreement on development of hydropower projects in Thimphu,
Bhutan.It provides framework for implementing four hydro electric projects totaling 2120 mw.
Hero MotoCorp will enter the market of Bangladesh through a joint venture of 5:45 with
Bangladeshs Nitol Niloy.
Union Government signed credit agreement of a 24 million US dollar with World Bank for additional
financing for Uttarakhand Rural Water Supply and Sanitation Project (URWSSP).
Union Government signed a credit agreement of 165 million US dollar with World Bank for
Maharashtra Rural Water Supply and Sanitation Project (MRWSSP).
Union Government signed a credit agreement of 121.20 million US dollar with World Bank for
Uttarakhand Decentralized Watershed Development Project (UDWDP).
Russia, Belarus and Kazakhstan signed a treaty to form the Eurasian Economic Union in Kazakh
capital of Astana.
Council of Scientific & Industrial Research (CSIR) and India Meteorological Department (IMD) signed
a partnership agreement on 22 May 2014 for joint production of drishti system.
China signed a 30-year deal to buy Russian natural gas worth 400 billion US dollars in a financial
year.
Sri Lanka and Seychelles on 28 June 2014 signed 6 agreements of bilateral importance. The six
agreements were signed between Sri Lankan President Mahindra Rajapaksa and President of
Seychelles, James Michael in the capital, Victoria.
Peace and Security Council of African Union has restored the membership of Egypt into the apex
body of African nations.
Central Ground Water Board & Indian Institute of Remote Sensing(IIRS) signed MoU to facilitate a
collaborative study to assess the impact of ground water abstraction in India.
India and Canada signed an India-Canada Audiovisual Co-production Treaty. The treaty aims at
creation of jobs in both countries and boost tourism.
India and United Kingdom on 8 July 2014 decided to launch negotiations for civil nuclear
cooperation.
NABARD and SFAC signed a MoU for development of Small Farm Producers.
India announced a new liberal visa policy for the citizens of Afghanistan.
India and China signed three agreements in the fields of commerce, water resources and human
resources development. The signed agreements will facilitate China to set up industrial parks, share
hydrological information during Brahmaputra floods and impart training to public officials.

IIFA, 59
th
film fare awards list:

15
th
IIFA Awards-
Best Picture - Viacom 18 Motion Pictures & Rakeysh Omprakash Mehra- BhaagMilkha Bhaag
Best Direction - Rakeysh Omprakash Mehra - Bhaag Milkha Bhaag
Performance in a Leading Role (Male) - Farhan Akhtar - Bhaag Milkha Bhaag
Performance in a Leading Role (Female) - Deepika Padukone - Chennai Express
Performance in a Supporting Role (Male) - Aditya Roy Kapoor - Yeh Jawaani Hai Deewani
Performance in a Supporting Role (Female) - Divya Dutta - Bhaag Milkha Bhaag
Performance in a Comic Role - Arshad Warsi - Jolly LLB
Performance in a Negative Role - Rishi Kapoor -D-Day
Music Direction - Mithoon, Ankit Tiwari,Jeet Ganguly - Aashiqui 2
Best Story - Prasoon Joshi - Bhaag Milkha Bhaag
Lyrics Writer - Mithoon - Song (Tum Hi Ho) - Aashiqui 2
Playback Singer (Male) - Arijit Singh Song (Tum Hi Ho) - Aashiqui 2
Playback Singer (Female) - Shreya Ghoshal- Song (Sunn Raha Hai) Aashiqui2
Best Debutant Male Dhanush Raanjhanaa
Best Debutant Female - Vani Kapoor - Shudh Desi Romance
Outstanding Contribution by An Indian in the US - Drs. Kiran & Pallavi Patel
Entertainer of the year - Deepika Padukone
Outstanding Contribution To International Cinema -John Travolta
Lifetime Achievement - Shatrughan Sinha

Winners at 59th Idea Filmfare Awards 2013
Best Actor in Leading Role (Male)- Farhan Akhtar ( Bhaag Milkha Bhaag)
Best Actor in Leading Role (Female)- Deepika Padukone (Ram-leela)
Best Film- Bhaag Milkha Bhaag
Best Director- Rakeysh Omprakash Mehra (Bhaag Milkha Bhaag)
Best Debut Director- Ritesh Batra (The Lunchbox)
Best Debut (Male)- Dhanush (Raanjhanaa)
Best Debut (Female)- Vaani Kapoor (Shuddh Desi Romance)
Critics Award for Best Film- The Lunchbox
Critics Award for Best Actor (Male)- Rajkummar Rao ( Shahid)
Critics Award for Best Actor (Female)- Shilpa Shukla (BA Pass)
The Sony Trendsetter Award- Chennai Express
The Lifetime Achievement Award- Tanuja
Best Dialogue Award- Subhash Kapoor (Jolly LLB)
Best Screenplay Award- Chetan Bhagat, Abhishek Kapoor, Supratik Sen and Pubali Chaudhari (Kai
Po Che!)
Best Story Award- Subhash Kapoor (Jolly LLB)
Best Actor in Supporting Role (Male)- Nawazuddin Siddiqui (The Lunchbox)
Best Actor in Supporting Role (Female)- Supriya Pathak Kapur (Goliyon Ki Raasleela Ram-leela)
Best Lyrics Award- Prasoon Joshi - Zinda (Bhaag Milkha Bhaag)

Best Music Award- Jeet Ganguly, Mithoon & Ankit Tiwari (Aashiqui 2)
RD Burman Award for Upcoming New Music Talent- Siddharth Mahadevan
Best Playback singer (Male)- Arijit Singh - Tum hi ho (Aashiqui 2)
Best Playback Singer (Female) Award- Monali Thakur - Sawaar loon (Lootera)
Best Choreographer Award- Samir and Arsh Tanna - Lahu muh lag gaya (Goliyon Ki Raasleel Ram-
leela)
Best Background Score Award- Hitesh Sonik (Kai Po Che)
Best Action Award- Thomas Struthers and Guru Bachchan (D Day)
Best Cinematography Award- Kamaljit Negi (Madras Cafe)
Best Editing Award- Aarif Sheikh ( D-Day)
Best Production Design Award- Acropolis Design (Bhaag Milkha Bhaag)
Best Sound Design Award- Bishwadeep Chatterjee and Nihar Ranjan Samar (Madras Cafe)
Best Costume Award- Dolly Ahluwalia (Bhaag Milkha Bhaag)
Best VFX Award- Tata Elxis (Dhoom:3)

BOOKS & Authors:
The Accidental Prime Minister: the making and unmaking of Manmohan Singh- Sanjaya Baru
Crusader or Conspirator? Coalgate and other Truths - PC Parakh
Hard Choices authored by Hillary Rodham Clinton
Author Rakhshanda Jalil on 11 March 2014 released a book titled A Rebel And Her Cause: Life and
Work.
The candidate was written by Indian Journalist Anirudh Bhattacharya.
Arctic Summer written by Novelist Damon Galgut
A book entitled A Stamp is Born authored by C. R. Pakrashi
A book My Years with Rajiv and Sonia written by R.D.Pradhan.
A book Post Haste: Quintessential India written by B.G. Verghese
Book entitled India Junction A Window to the Nation was released by Arunendra Kumar, the
Chairman of Railway Board.
Shekhar Guptas book entitled Anticipating India - The best of national interest was released.
Getting India Back on track-an action agenda for reform- edited by Bibek Debroy, Ashley Tellis &
Reece Trevor.
Biography of Dilip Kumar, entitled was released in Mumbai. The
biography has been penned by Uday Tara Nayar.
The book titled Warrior State: Pakistan in the Contemporary World- T V Paul
A Bad Character - Deepti Kapoor.
Blood Feud: The Clintons vs. the Obamas- Edward Klein
Pranab Mukherjee received first copy of a coffee-table book titled First Citizen: Pranab Mukherjee
in Rashtrapati Bhavan that was released.

Visits in India:
SAARC Countries Leaders visited India

Foreign Minister of China, Wang Yi was on a two-day long visit to India in the capacity of Special
Envoy of the President of China, Xi Jinping.
Prime Minister of India Narendra Modi made his first foreign tour to Bhutan.They visited India as a
part of swearing-in ceremony of Narendra Modi as Prime Minister of india.
PM of India, Narendra Modi Visited to Brazil to attend 6
th
BRICS summit.
Central government & Cabinet ministers:
President of India- Shri Pranab Mukherjee.
Vice President of India- Shri Hamid Ansari

1
Prime Minister and also in-charge of the Ministries/Departments not
specifically allocated to the charge of any Minister
Narendra Modi
Personnel, Public Grievances and Pensions
Department of Atomic Energy Department of Space
2 Home Affairs Rajnath Singh
3 External Affairs, Overseas Indian Affairs Sushma Swaraj
4 Finance, Corporate Affairs, Defence Arun Jaitley
5
Urban Development Housing, Urban Poverty Alleviation, Parliamentary
Affairs
M Venkaiah Naidu
6 Road Transport, Highways Shipping Nitin Gadkari
7 Railways
D V Sadananda
Gowda
8 Water Resources, River Development and Ganga Rejuvenation Uma Bharati
9 Minority Affairs Dr Najma A Heptulla
10 Rural Development, Panchayati Raj, Drinking Water and Sanitation Nitin Gadkari
11 Consumer Affairs, Food and Public Distribution Ram Vilas Paswan
12 Micro, Small and Medium Enterprises Kalraj Mishra
13 Women and Child Development Maneka Gandhi
14 Chemicals and Fertilizers Ananth Kumar
15 Communications and Information Technology, Law and Justice Ravi Shankar Prasad
16 Civil Aviation
Ashok Gajapathi Raju
Pusapati
17 Heavy Industries and Public Enterprises Anant Geete
18 Food Processing Industries Harsimrat Kaur Badal
19 Mines Steel Labour and Employment
Narendra Singh
Tomar
20 Tribal Affairs Jual Oram

21 Agriculture Radha Mohan Singh
22 Social Justice and Empowerment
Thaawar Chand
Gehlot
23 Human Resource Development Smriti Irani
24 Health and Family Welfare Dr Harsh Vardhan

Ministers of State with Independent Charge
1
Development of North Eastern Region, External Affairs, Overseas Indian
Affairs
General VK Singh
2 Planning, Statistics and Programme Implementation, Defence Inderjit Singh Rao
3
Textiles, Parliamentary Affairs, Water Resources, River Development and
Ganga Rejuvenation
Santosh Kumar
Gangwar
4 Culture and Tourism Shripad Yesso Naik
5 Petroleum and Natural Gas Dharmendra Pradhan
6 Skill Development, Entrepreneurship, Youth Affairs and Sports Sarbananda Sonowal
7
Information and Broadcasting Environment, Forest and Climate Change,
Parliamentary Affairs
Prakash Javadekar
8 Power, Coal, New and Renewable Energy Piyush Goyal
9
Science and Technology Earth Sciences Prime Minister Office Personnel,
Public Grievances & Pensions Department of Atomic Energy, Department of
Space
Jitendra Singh
10 Commerce and Industry, Finance Corporate Affairs Nirmala Sitharaman

Ministers of State
1 Civil Aviation GM Siddeshwara
2 Railways Manoj Sinha
3 Chemicals and Fertilizers Nihalchand
4 Rural Development Panchayati Raj Drinking Water and Sanitation Upendra Kushwaha
5 Heavy Industries and Public Enterprises Radhakrishnan P
6 Home Affairs Kiren Rijiju
7 Road Transport and Highways Shipping Krishan Pal
8 Agriculture, Food Processing Industries
Dr Sanjeev Kumar
Balyan
9 Tribal Affairs
Mansukhbhai
Dhanjibhai
Vasava
10 Consumer Affairs, Food and Public Distribution
Raosaheb Dadarao
Danve
11 Mines, Steel, Labour and Employment Vishnu Deo Sai

12 Social Justice and Empowerment Sudarshan Bhagat

SPORTS NEWS :
Dipika Pallikal of India lost the title clash of the Texas Open squash tournament by Egyptian Nour El
Sherbini at Houston, United States.
Baroda won the National Syed Mustaq Ali Cricket T20 Trophy after defeating Uttar Pradesh in the
final match by three runs.
Indian judokas won 12 medals at the seventh South Asia Judo Championships held in Kathmandu.
Stanislash Wawrinka won the Monte Carlo Masters Tennis title on 20 April 2014 by defeating Roger
Federer, 4-6, 7-6(5), 6-2.
Joshna Chinappa won inaugural Richmond Open at the Country Club of Virginia. Chinappa won
against Australian Champion Rachael Grinham.
BCCI has chosen a three-member panel to probe allegations of betting and spot-fixing during the
sixth edition of IPL. The three member panel will comprise
The former Chief Justice of the Calcutta High Court, Jai Narayan Patel
The former Director of the Central Bureau of Investigation, RK Raghavan
The former India captain-turned-commentator, Ravi Shastri
Former US boxer, Rubin 'Hurricane' Carter died on 20 April 2014 at his home in Toronto, Canada
following a battle with prostate cancer. He was 76.
Shaik Abdul Hameed won Asian Bowling Federation (ABF) Tour title 2014 of Thailand Tour.
Kritsanakorn Sangaroon of Thailand won the 2014 Thailand Tour womens title of Asian Bowling
Federation (ABF).
Meb Keflezighi and Rita Jeptoo won the Boston Marathon 2014 in male and female category,
respectively.
Donna Vekic won the BMW Malaysian Open 2014 at Kuala Lumpur, Malaysia.
Chitra Magimairaj on 22 April 2014 won the World Womens Senior Snooker Championship at
Leeds, Britain by defeating Alena Asmolava of Belarus.
Benfica on 21 April 2014 won the 33rd Portuguese Football league title after four years.
Film series titled Brazuca around the World launched by adidas to excite football fans for the 2014
FIFA World Cup Brazil.
Real Madrid won the Copa del Rey Cup
All India Football Federation has launched AIFF Academy Certification initiative to set a standard of
Youth Development in the Country through a certification model.
Indian Squash Player Saurav Ghosal won Dato Alex Lee Award 2013 on 24 April 2014.
Adhiban won the silver medal at the Asian Continental Chess Championship in Sharjah.
Luis Suarez was named as the Professional Footballers Association Player of the Year. Eden Hazard
was voted as the Young Player of the Year.
Indian Golfer Anirban Lahiri was ranked 67 in World Golf Ranking
Wimbledon prize amount for 2014 has been increased by 10.8 percent to 25 million Pound

NBA banned Los Angeles Clippers owner Donald Sterling for life and fined him 2.5 million dollars
over an alleged racist remark in the stand.
India ranked no 1 in ICC Twenty20 International Team rankings by replacing Sri Lanka.
Sania Mirza and Cara Black won the WTA Portugal Open 2014 Womens doubles title held in Oeiras,
Portugal.
Martin Kilzan won Munich ATP tournament in Germany by defeating Fabio Fognini 2-6, 6-1, 6-2.
Mark Selby of England won World Snooker Championship title 2014 on in Sheffield, England.
Ronnie O'Sullivan was named snooker's Player of the Year at the sport's annual awards ceremony in
London on 8 May 2014.
Pakistan Cricket Board has appointed the former fast bowler of Pakistan, Waqar Younis as the
national coach of the national team of Pakistan.
Rafael Nadal won his 27th ATP World Tour Masters 1000 title at Mutua Madrid Open final after Kei
Nishikori was forced to withdraw with a back injury.
Russias Maria Sharapova won the Mutua Madrid Open Tennis title by defeating Romanian Simona
Halep 1-6, 6-2, 6-3 in the finals.
Manipur defeated defending champions Orissa to clinch the Senior National Womens Football
Championships title at Golaghat Stadium in Assam.
Serena Williams of US won the Women's Italian Tennis Open 2014 on 18 May 2014. She defeated
World No. 11 Sara Errani of Italy
Novak Djokovic won the Men's Italian Tennis Open 2014 held in Rome, Italy on 18 May 2014.
Indian men's recurve team on 18 May 2014 won Silver Medal in Archery World Cup Stage 2 at
Medellin, US.
Japan won AFC Women's Asian Cup title against Australia in Vietnam on 25 May 2014.
Japan won 2014 Thomas Cup badminton.
China won 2014 Uber Cup title of badminton on 24 May 2014.
Football named as Brazuca to be used in FIFA World Cup Brazil will have six in-built HD cameras to
capture 360 degree view of the on-field action.
Mercedes driver Nico Rosberg of Germany on 25 May 2014 won Monaco Grand Prix of Formula
One. He defeated Lewis Hamilton.
Kolkata Knight Riders won the seventh edition of Indian Premier League 2014 by defeating Kings XI
Punjab by three wickets in the final played at Chinnaswamy Stadium, Bangalore.
South Africa appointed Hashim Amla as test cricket captain. He succeeds Graeme Smith, who
retired in March 2014.
Rafael Nadal won the French Open title 2014 for the ninth time. He defeated Novak Djkovic.
Indian pistol shooter, Jitu Rai won silver medal in the mens 10-meter air pistol event at the ISSF
World Cup Shooting in Munich.
Netherlands won the Womens World Cup 2014 in The Hague, Netherlands.
Australia won the Mens hockey World Cup title 2014 for second successive time.
India won the Bangladesh series 2-0. The third and final ODI was abandoned due to incessant rain
in Mirpur, near Dhaka.
AB De Villiers of South Africa eclipsed Virat Kohli to become number one batsman in ODI batsman
ranking released on 22 June 2014.

Jitu Rai on 19 June 2014 became the first Indian to win three medals in successive ISSF Shooting
World Cup.
Saina Nehwal won 750000 US dollar Australian Open Super Series by defeating Carolina Marin of
Spain in straight-game played at Sydney.
Indian cueist, Pankaj Advani won his maiden IBSF 6-Red World snooker title at Sharm el-Sheikh in
Egypt by defeating Kacper Flilpiak of Poland.
Sachin Tendulkar-led MCC XI won over Shane Warne-led Rest of the World XI in a match played in
honour of the Lords bi-centenary year.
Novak Djokovic defeated Roger Federer 6-7(7), 6-4, 7-6(4), 5-7, 6-4 to win his second Mens
Wimbledon title. His first title was claimed in 2011.
Czech left-hander Petra Kvitova won the 2014 Wimbledon women singles title by defeating
Canadian Eugenie Bouchard 6-3, 6-0.
Germany won 2014 FIFA World Cup by defeating Argentina 1-0 at Maracana in Rio de Janeiro. The
goal was made by Mario Gotze during the extra-time.
INTERNATIONAL ORGANIZATION & HEADQUARTERS:
United Nations Conference on Trade and Development UNCTAD - Geneva
United Nations International Childrens Emergency Fund UNICEF - New York
Food and Agriculture Organization FAO - Rome
International Atomic Energy Authority IAEA - Vienna
International Bank for Reconstruction and Development IBRD - Washington
International Civil Aviation Organization ICAO - Montreal
International Development Association IDA - Washington
International Finance Corporation IFC - Washington
International Fund for Agricultural Development IFAD - Rome
International Labor Organization ILO - Geneva
International Maritime Organization IMO - London
International Monetary Fund IMF - Washington
International Telecommunications Union ITU - Geneva
United Nations Educational, Scientific and Cultural Organization UNESCO - Paris
Universal Postal Union UPU - Berne
World Health Organization WHO - Geneva
World Intellectual Property Organization WIPO Geneva
African Development Bank ADB - Abidjan (C te dIvoire)
Asian Clearing Union ACU - Teheran
Asian Development Bank ADB Manila
South Asian Association for Regional
Cooperation SAARC Kathmandu (Nepal)
West African Economic Community WAEC - Ouagadougou
United Nations UN - New York
COUNTRIES , WHICH ARE IN NEWS RECENTLY & THEIR CURRENCY:

Canada- Canadian dollar
Bangladesh- bangladeshi taka
UK- british pound
Germany- euro
Japan - yen
China- yuan
South Korea- won
Ukraine- Ukranian hryvnia
North Korea- won
France- franc
Pakistan- Pakistani rupee
Sri Lanka- Sri Lankan rupee
Russia- ruble
Guinea- franc
Bhutan Bhutanese ngultrum and Indian rupee
Columbia- peso
Israel- new shekel
USA- dollar
Egypt - pound
Vetican City- euro
Lithuania- litas
Syria- pound
Spain- euro
Malawi- kwacha
Belarus- ruble
Kazakhastan- tenge
Mauritius Mauritian rupee
Thailand- Thai baht
Qatar- riyal
Moldova- leu
Georgia- lari

IMPORTANT DAYS:
APRIL
April 01- Prevention of Blindness Week
April 02- International Children's Book Day
April 5- National Maritime Day, India
April 7- World Health Day, All Over World
April 07- Handloom Week
April 11- National Safe Motherhood day, India

April 13- Jallianwala Bagh Massacre
April 14- Customs Day
April 14- Fire Service Week
April 17- World Hemophilia Day
April 18- World Heritage Day
April 18- World Amatuer Radio Awarness Day
April 22- Earth Day
April 24- Women's Political Empowerment Day, India
April 23- World Book and Copyright Day
April 29- International Dance Day
April 30- Anti-Child Labour Day
May
May 1 Workers' Day (International Labour Day)
May 3 Press Freedom Day; World Asthma Day
May 2nd Sunday Mother's Day
May 4 Coal Miners' Day
May 8 World Red Cross Day
May 9 World Thalassaemia Day
May 11 National Technology Day
May 12 World Hypertension Day; International Nurses Day
May 15 International Day of the Family
May 17 World Telecommunication Day
May 24 Commonwealth Day
May 31 Anti-tobacco Day
JUNE
June 1- Global day of parents
June 4 International Day of Innocent Children Victims of Aggression
June 5 World Environment Day
June 8 World Ocean Day
June 3rd Sunday Father's Day
June 12 World day Against Child Labour
June 14 World Blood Donor Day
June 20 World Refugee Day
June 23 United Nation Public Service Day
June 26 International Day against Drug Abuse and Illicit Trafficking
June 30- Goa day
JULY
July 1 Doctor's Day

July 6 World Zoonoses Day
July 11 World Population Day
ABBREVIATIONS:
IOD- Indian Ocean Dipole
ICANN- Internet Corporation for Assigned Names and Numbers
IMD- Indian Meteorological Department
RRTS- Regional Rapid Transit System
READ Alliance- Read, Engage, Achieve, Dream
URWSSP- Uttarakhand Rural Water Supply and Sanitation Project
MRWSSP- Maharashtra Rural Water Supply and Sanitation Project
UDWDP- Uttarakhand Decentralised Watershed Development Project
CCI- Competition Commission of India
OVL- ONGC Videsh Limited
DGCA- The Directorate General of Civil Aviation
SDMC- South Delhi Municipal Corporation
IIC- India International Centre
AIBA- International Boxing Association (amateur) or AIBA
LTTE- Liberation Tigers of Tamil Eelam
SOD- Super Oxide Dismutase
COAS- Chief of Army Staff
IRENA- International Renewable Energy Agency
UNESCO- United Nations Educational, Scientific and Cultural Organization
IAEA- International Atomic Energy Agency (IAEA)
NFSA- National Food Security Act
UNEP- United Nations Environment Programme
TNCA- Tamil Nadu Cricket Association
NDMA- National Disaster Management Authority
MPA- Marine Protected Area
NMLP- Narmada-Malwa-Gambhir Link Project
OHCHR- Office of High Commissioner for Human Rights
OSCE- Organization for Security and Co-operation
DRSC- District-level Road Safety Committees

Disclaimer: Dear readers our team has made best efforts to make the contents error free, however, if
you notice any inadvertent error do inform us with your answer or rectification. So, kindly cross-check if
you have any doubts, in any case, our team shall not be responsible for any loss cussed by inadvertent
errors in this matter.

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