August CA

GK Digest August
Download from Bankexamstoday.com

GK Digest August
Written by Ramandeep Singh
Ramandeep Singh
9/1/2014
GK Digest August
2
Bankexamstoday.com TestPanda.com IBPStoday.com
Appointments
1. General Dalbir Singh Suhag takes over as the
new Army Chief. He takes the charge from
General Bikram Singh. Before taking the charge
of Army Chief, General Dalbir Singh Suhag was
Lieutenant General in the Army.
2. Chief Marshal Arup Raha took over as the
Chairman of the Chief of Staff Committee
(COEC) on 30
th
July 2014.
3. K.V. Chowdhary appointed as new Chairman of
CBDT (Central Board of Direct Taxes)
succeeded by R.K. Tewari. The appointment of
the Chairman of CBDT was confirmed by
Appointments Committee of Cabinet which
Committee headed by Prime Minister Shri
Narendra Modi.
4. On 12
th
August 2014, the Government of India
decided to appoint Shri Bimal Jalan as the Head
of Expenditure Management Commission set up
by the Finance Minister Shri Arun Jaitley. Shri
Bimal Jalan is the former Governor of Reserve
Bank of India.
5. United Nations Human Rights Council (UNHRC)
appointed the Commission, consisted three
members to conduct the inquiry to probe war
crimes and human rights violations conflict in
Gaza. The Head of this Commission will William
Schabas. The conflict on the Gaza strip began in
the 2
nd
week of June 2014 i.e. 13
th
June 2014.
6. Rajni Razdan became the Chairperson of Union
Public Service Commission replaced with Prof.
D.P. Agrawal.
7. K.V. Thomas appointed as the Chairman of the
Public Accounts Committee which Committee is
analyze the expenditures of Government of India.
8. Dr.Murli Manohar Joshi appointed as the
Chairman of Estimates Committee which
Committee is working to increase the efficiency
in the administration.
9. V. Shanta Kumar appointed as the Chairman of
Committee on Public Undertakings which
Committee is working upon the reports which are
examined by this Committee and also examine
the accounts of the public undertakings.
10. S.M. Swathi the General Manager of Corporation
Bank appointed as the Executive Director of
Bharatiya Mahila Bank. The Chairman and
Managing Director of Bharatiya Mahila Bank is
Smt. Usha Ananthasubramanian. Recently,
Bharatiya Mahila Bank awarded with Core
Banking System Initiative Award 2014.
11. Ravi Shastri appointed as Team Director of
Indian Cricket team for ODI series agaisnt
England. He is former Indian Captain of Cricket
team. The Coach of Indian Cricket team is
Duncan Fletcher.
12. Prayuth Chan-Ocha became the Prime Minister
of Thailand. Recently, Yinguluck Shinawatra was
resigned from the post.
13. Tejendra Mohan Bhasin (T.M. Bhasin) elected as
the Chairman of Indian Banks Association (IBA)
while Arundhati Bhattacharya elected as the
Honorary Secretary of Indian Banks Association.
14. Ahmet Davutogul appointed as the Prime
Minister of Turkey replaced with Recep Tayyip
Erdogan. The capital of Turkey is Ankara.
15. Keshri Nath Tripathi appointed as the Governor
of West Bengal. He became 22
nd
Governor of
West Bengal. He awarded with Vishwa Bharati
Samman, Bharat Gaurav and Uttar Pradesh
Samman etc.
16. Ramesh Chand Tayal appointed as Special
Director Genral of Central Reserve Police Force
(CRPF).
17. R.N. Ravi appointed as Chief of Joint
Intelligence Committee, a committee works
under the National Security Council Secretariat.
18. C.S. Verma became the first President of Indian
Steel Association, the association launched by
domestic steel producer of India. The aim of this
association is to work towards transforming the
Indian steel industry as the global leader.
Deaths
1. Madhukar Singh died on 21
st
July 2014 at his
residence in village Dharahara of Bhojpur
District. He was a famous Hindi literaturer.
2. Pran Kumar Sharma the famous cartoonist known
as comic character Chacha Choudhary died. He
was 75 years old.
3. The politician Reshamlal Jangade died on 11
th
August 2014. He was the Member of Parliament
of the first Lok Sabha of the country which
started in the year 1952 after held the General
GK Digest August
3
elections. He was related to Indian National
Congress Party.
4. Burra Katha, the famous Folk Artist passed away.
He is a Telegu art of oral story telling. Burra
Katha is generally known as Jangam Katha.
5. The famous poet of Iran Simin Behbahani died
on 19
th
August 2014. She had remained the
President of Iranian Writers Association. She is
known as Lioness of Iran.
6. Yoga guru Bellur Krishnamachar Sundaraja
Iyengar (B.K.S. Iyengar) died on 20
th
August
2014. He is the founder of Iyengar Yoga. He
bagged three civilian awards of India i.e. Padma
Shri, Padma Bhushan and recently Padma
Vibhushan. His book Light on Yoga known as
the Bible of Modern Yoga.
7. The famous American Journalist James Foley
was killed by the militants of ISIS.
8. Amitava Nandy, the famous former leader of
Communist Party of India Marxist (CPI-M)
died due to cancer. He was the Member of
Parliament of 14
th
Lok Sabha.
9. Chemancherry Narayanan Nair, the famous
Malyalam actor died on 25
th
August 2014. He
awarded with Special Jury Prize by the
Government of Kerela.
10. Richard Attenborough, the famous British
filmmaker and Oscar winner, died at the age of
90. Generally he is known for his critically
acclaimed biopic on Indias Mahatama Gandhi
which film won 8 Oscar Awards in the year 1982.
11. Douglasw McAuthur McCain is the first citizen
of United States of Amercia who died in Syria.
He is American Jihadi.
Politics
1. On 26
th
August 2014, former Chief Minister of
Delhi Smt.Sheela Dixit resigned from the
Governor of the State of Kerela. She became 8
th
Governor to who resigned from the near past.
2. The parliament of Iraq elected Fuad Masum as
the President of Iraq in Baghdad. He became the
7
th
President of Iraq. He is a Kurdish Politician.
Moreover, Mr.Jubouri elected as the new speaker
to form the new government in Iraq and to ending
the political deadlock.
3. Union Government of India has launched the
Rashtriya Gokul Mission to protect the
indigenous breed of cows. Under this scheme,
some Integrated Indigenous Cattle Centres will
be set up which will be useful for improving milk
productivity in India. The aim of the government
is to improving milk productivity in India.
Agriculture Minister Radha Mohan Singh
announced this scheme. The Union Government
passed Rs.150 Crore to reach its peak of the
mission.
4. The Government of Maharashtra appointed
Amitabh Bachchan, the Indian Megastar as
Horticulture Ambassador of Maharashtra to
increase the revenue of State.
5. Gujarat tops the charts in e-transactions across
the nation with 26% share. It is revealed from the
report of Union Government by analyzing
through E-Transactions Aggregation and
Analysis Layer (E-TAAL) and announced by the
present Secretary of Electronics and Information
Technology Department Shri R.S. Sharma. From
this layer, we came to know that what the
flexibility of e-transactions is.
6. Prime Minister Shri Narendra Modi concluded
the visit to Nepal on 4
th
August, 2014. This is the
first bilateral meeting between India and Nepal in
past 17 years. During this visit, Prime Minister
Shri Narendra Modi announced to give help to
Nepal for development.
7. On 4
th
August, 2014 completed the 100 years of
First World War which was started on 4
th
August,
1914 and was ended on 11
th
November 1918.
First World War also called as THE GREAT
WAR.
8. The Ministry of Human Resource Development
set up a four member committee to review and
analyse the status of University Grants
Commission. UGC Chairman Shri Hari Gautam
will be the Head of this committee.
9. In the 6
th
Brics Summit, 3 bilateral agreements
are signed between India and Brazil. Three
bilateral agreements are MOU on Cooperation in
the field of environment, Agreement on Space,
MOU on Cooperation in consultation mechanism.
7
th
Brics Summit will be held in Russia.
GK Digest August
4
10. India became the first country to ratify the
Marrakesh Treaty. This treaty will work for blind
people, visually impaired peopoe and other
disable persons and will give equal rights and
opportunities of education and employment for
blind people.
11. India and World Bank signed MOUs for
URWSSP (Uttarakhand Rural Water Suply and
Sanitation Project), UDWDP (Uttarakahand
Decentralized Watershed Development Project),
MRWSSP (Maharashtra Rural Water Supply and
Sanitation Programme). There is need to well
known to you that water supply, santitation and
decentralization are the keys to develop any
nation.
12. India ranked 8
th
in Global Rich List with 14800
multimillionaires. United States of America tops
the list followed by China and Germany.
13. The Governor of Uttar Pradesh Shri Ram Naik
and Governor of Gujarat Shri Om Prakash Kohli
have given additional charge of Rajasthan and
Goa respectively.
14. On 15
th
August 2014, 29
th
State of India i.e.
Telangana is going to celebrate its first National
Independence Day at Golconda Fort. K.
Chandrasekhar Rao is the first Chief Minister of
Telangana.
15. Tamilnadu has the maximum 59 Universities in
India while the whole country has 678
Universitties.
16. Approximately, 200 Indians evacuated from
Libya from the largest island of North Africa
namely Djerba Island. This island is located off
the coast of Tunisia in the Gulf of Gabes.
17. The work of the railway brdige at Noney in
Manipur, India began, after competition of the
whole work, this railway bridge become the
worlds tallest railway bridge.
18. Liberia declared the State of Emergency on 6
th
August 2014. The President of Liberia Ellen
Johnson Sirleaf declared the State of Emergency
over the outbreak of Ebola Virus. Ebola Virus is
normally called Ebola hemorrhagic fever which
will harmfully affected the human body. To take
the initial steps, Health Minister Dr.
Harshvardhan ordered to all the airports to form
the check posts for checking the Ebola Virus.
19. The Government of India raised the limit of
Foreign Direct Investment in the Defence Sector
from 26% to 49%. Foreign Direct Investment is a
direct investment in the production of the country
by the company of another country or individual.
20. Securities Laws (Amendment) Bill 2014 passed
in Lok Sabha to empower Securities Exchange
Board of India (SEBI) and also strenthen it. This
bill will give express powers for any settlement
and also empowers SEBI to establish the special
courts to strenthen it.
21. The Government of India has raised to 100%
Foreign Direct Investment in the Railway
Department. This is happeing first time in India.
The FDI raised to 100% by the Union
Government with the hope to expansion the
railway and to make India a strong economy.
22. The United States of America has taken the
action agaisnt the ISIS terrorists. The bombs have
dropped by the USA namely F/A-18 from the
aricraft of USA. It is very important to mention
here that few days back, the Government of Iraq
demanded military help from USA. There is need
to know you that USA has the strongest military
power in all over the world.
23. The World Health Organization (WHO) has
declared Ebola Virus as Global Health
Emergency. WHO has taken this decision after
seeing that this is fatal to the human lives and
about 1500 people were died affected by this
Virus.
24. The Nepalese boy namely Jeet Bahadur Maru
Sagar was reunited with his family by the Prime
Minister of India Shri Narendra Modi. Prime
Minister of India completed this responsibility
during the two day visit to Nepal recently.
25. ZERO HUNGER CHALLENGE was set up by
Food and Agriculture Organization of the United
Nations under the efforts to ensure that every one
have the right to adequate food.
26. Qaraqosh and surrounding areas is the largest
Chiristian town in Iraq. ISIS (Islamic State in
Iraq and Syria) has taken the control over this
town recently.
27. Recep Tayyip Erdogan became the first elected
President of Turkey. Recep Tayyip Erdogan is
the head of Justice and Development Party.
GK Digest August
5
28. On 10
th
August 2014, Delhi Police launched the
helpline number to curb the corruption. This will
be best step to curb the corruption.
29. The State of Telangana notified for the State
Public Service Commission according to the
Article 315 of the Constitution and Section 83(2)
of Andhra Pradesh Re-Organization Act, 2014.
30. The President of USA Barack Obama signed and
passed the Near East and South Central Asia
Religious Freedom Act to promote the religious
freedom of minorities in the Near East and South
Central Asia.
31. The ASEAN countries included India are likely
to sign free trade agreement at Myanmar.
32. The Federal Act on International Administrative
Assistance in Tax Matters amended by the
Government of Switzerland to exchange the
information with other countries regarding the
black money. This amendment was the demand
of time because more and more black money was
depositing in Swiss Banks.
33. On 12
th
August 2014, World Elephant Day
organized. This day organized every year to
create the awareness about the plightness of
Asian and African elephants.
34. Securities and Exchange Board of India
generally known as SEBI issued Know Your
Client (KYC) Registrartion Agency Regulations,
2014. SEBI conferred it by Section 30 of SEBI
Act, 1992.
35. On 12
th
August 2014, the World Health
Organization approved the use of experimental
drug Zmapp to fight against Ebola Virus.
36. The State Assembly of Tamil Nadu passed the
Tamil Nadu Entry into Public Places Bill, 2014
to remove restrictions on entry of dhoti-clad men
in hotels etc. With the passing of this bill, every
man wearing a dhoti can enter into any hotel,
club, theatres, restaurants etc.
37. The hydroelectric project namely Nimoo Bazgo
Hydroelectric Project initiated on the Indus River
by the Prime Minister of India Shri Narendra
Modi.
38. Pope Francis became the first South Korean
Visiter in a quarter century. The President of
South Korea is Park Geun-hye.
39. Vijaywada will become the ad-hoc State Capital
of Andhra Pradesh. The Chief Minister of Andhra
Pradesh is N.Chandrababu Naidu.
40. The Finance Minister Shri Arun Jaitley
relaunched the insurance scheme for senior
citizens aged 60 years and above. LIC will
administered this scheme.
41. Prime Minister of India Shri Narendra Modi
launched Pradhan Mantri Jan Dhan Yojana on the
eve of 68
th
Independence Day. This Yojana will
help the poor people of India in the near future.
42. China inaugrated the railway line in Tibet which
is very close to Border of the State of Sikkim.
43. The Government of India approved four highway
projects in the State of Jammy and Kashmir. The
four projects are Srinagar-Banihal, Qazigund-
Banihal, Chenani-Nashri, Jammu-Udhampur.
44. Indo-Nepal Combined Army Training Exercise
will be conducted in the State of Uttarakhand.
The name of this training session is Surya
Kiran-VII. About 300 personnels will attend this
training session.
45. Jharkhand Disom Party (JDP) merged with
Bharatiya Janta Party which was established in
the year 2002 after creating the new State of
Jharkhand. Salkhan Murmu was the founder of
Jharkhand Disom Party (JDP).
46. Massive aid operation for resident of Iraq fleeing
violence launched by United Nations High
Commissioner for Refugees (UNHRC). The
scheme will be helpful to displaced Iraqis who
are the victims after the violence in Iraq. The
basic aim of this scheme is to improve the life of
victim people.
47. World Humanitarian Day observed on 19
th
August every year. This day is observed to know
the humanitarian personnel and who have lost
their lives. The World Needs More
Humanitarian Heroes was the theme for the
year 2014.
48. India signed Memorandum of Understanding
MOU with Czech Republic on technical
cooperation in railway.
49. Samagra Kutumbh Survey or Intensive
Household Survey conducted by Government of
newly formed State Telangana.
GK Digest August
6
50. Irom Sharmila released by Manipur Court who is
known as Iron Lady of Manipur for non-violent
protest. She protested agaisnt the abuses
allegedly committed by the security forces of
Armed Forces Special Powers Act (AFSPA).
51. The Honble Supreme Court of India fined 14
States with 1 Union Territory of Chandigarh with
Rs.25,000 each for not respond to the Report of
Law Commission. These 14 States are Bihar,
Gujarat, Jammu & Kashmir, Karnataka, Punjab,
Maharashtra, Uttarakhand, Andhra Pradesh,
Delhi, Himachal Pradesh, Jharkhand, Kerela,
Haryana, Sikkim ane Union Territory of
Chandigarh.
52. The Government of India draft new guidelines to
Forward Markets Commission (FMC) to
empower and strengthen the commodity market.
Forward Markets Commission (FMC) is a
regulatory authority and is a statutory body which
setup in the year 1953. Its Headquarter is in
Mumbai and the Chairman is Abhishek.
53. Worlds first Hindu eco-temple namely Shree
Swaminarayan Mandir opened in worlds famous
city London, United Kingdom.
54. On 20
th
August 2014, the Honble Home Minister
of India Shri Rajnath Singh launched
Mainstreaming Civil Defence in Disaster Risk
Reduction scheme. The basic aim of this scheme
is to strenthen the capacity of all the states
towards disasters.
55. The new project approved by the Government of
India to ensure that government services are
available to citizens electronically. The name of
this project is Digital India Project.
56. On 19
th
August 2014, Afghanistan celebrated its
95
th
Independence day. Afghanistan get
indepdendence from the British Empire after
fought three Anglo-Afghan wars and ultimately
signed the Anglo-Afghan treay to get the
independence. The capital of Afghanistan is
Kabul.
57. Delhi Development Autohrity (DDA) approved
the modifciation proposal in the Master Plan of
Indias capital Delhi 2021 which plan
incorporates the innovations for the development
of the Natinal Capital.
58. The Government of South Africa has taken the
important decision about the illegal poaching of
rhinos. The Ministry of Environment of South
Africa decided to evacuate 500 rhinos from
Kruger National Park to curb the illegal poaching
of rhinos which is one of the largest parks of
South Africa.
59. Two Districts of the State of Rajasthan namely
Ajmer and Alwar declared Smoke Free districts.
Two other districts of the State of Rajasthan
namely Jhunjhunu and Jodhpur already declared
Smoke Free districts. Now, Rajasthan has 4
Smoke Free Districts.
60. Indias first science and technology institute i.e.
Indian Institute of Engineering Science and
Technology (IIEST) established in West Bengal.
61. The Union Government of India launched Indias
first ethanol-run bus in the Nagpur City of
Maharashtra under the Green Bus Project. The
run bus recuce the import of petroleum products
like petrol, diesel and gas etc. The country of
Sweden has manufactured this bus and this bus
using Ethanol instead of fuel.
62. Border Secrity Force and Board Guard
Bangladesh signed an agreement on vulnerability
mapping to implement a coordinated border
management plan to curb drug and human
trafficking. The chief of BSF is D.K. Pathak and
the Director General of BGB is Aziz Ahmed.
63. The Governor of Maharashtra Shri K.
Sankaranarayanan resigned from the office and
he appointed the new Governor of Mizoram.
Recently, the Governor of Gujarat Shri Om
Prakash Kohli has been given to additional
charge of Maharashtra.
64. Approximately, 218 coal block allocations
declared illegal by the Supreme Court of India
which were allocated by Screening Committee
during the period 1993 to 2010.
65. Out of 18 Assembly constituencies 10 seats won
by Congress and its allies and remaining 8 seats
won by BJP and its allies. The 18 Assembly
contituencies elections held in Bihar, Punjab,
Madhya Pradesh and Karanataka.
66. The President of France Francois Hollande
dissolved the government on the issue of
GK Digest August
7
countrys stagnant economy. The Prime Minister
of France Manuel Valls resigned from the post.
67. The Prime Minister of India Shri Narendra Modi
launched energy highway for eastern India to
connect with the national gas grid. Gas Authority
of India Limited will implement this pipeline
project.
68. To gave the special treatment of ebola virus,
Japan will offer favipiravir which is an anti-viral
drug, the drug known as Avignan. The major
countries affected with ebola virus are Guinea,
Sierra Leone and Liberia.
69. Four Governors namely Kalyan Singh appointed
for the State of Rajasthan while Vajubhai
Rudabhai Vala for Karnataka, Mridula Sinha for
the State of Goa and C. Vidyasagar Rao for the
State of Maharashtra.
70. A domain called Dot Bharat launched by the
Government of India to connect people with
social media. This domain will give the
information to the people in their regional
languages but initially, eight languages are
included in the domain are Hindi, Bodo, Dogri,
Konkani, Maithili, Marathi, Nepali and Sindhi.
71. The Finance Ministry of India ordered forensic
audit of UCO Bank after found irregularities in
non-performing accounts. UCO Bank is 4
th
bank
that is named for forensic audit. The other three
banks are Dena Bank, Oriental Bank of
Commerce and Syndicate Bank.
72. Israel and Hamas agreed to Egyptian ceasefire
proposal for unlimited time. Few days back, the
proposal was refused by Hamas.
73. Indian Air Force and Russian Federation Air
Force started Indo-Russian Air Force Exercise
called Avia Indra 2014 which is first Indo-
Russian aerial exercise between the two
countries.
74. The Jewish Centre, Chabad House oftenly called
as Nariman House reopened after 6 years. The
Centre was remained closed after the 26/11 terror
attack in the year November 2008.
75. Recep Tayyip Erdogan became 12
th
President of
Turkey. He relates to Justice and Development
Party while Ahmet Davutogul became the Prime
Minister of Turkey.
76. 7 countries Canada, Denmark, France, United
Kingdom, Albania, Croatia and Italy joined
United States of America in arming the Kurdish
forces against ISIS.
77. Department of Industrial Policy and Promotion
notified Press Note 8, the note allows 100% FDI
in the Indian Railways infrastructure.
78. To identify the obsolete laws, Ramanujam
Committee established by the Prime Minister
Shri Narendra Modi. The Chairman of the
Committee will be R. Ramanujam.
79. The Tourism Minister of India Shripad Naik set
the criteria to build tourism industry in all over
the India, the criteria set by him called as
Sustainable Tourism Criteria for India.
80. The Honble Supreme Court of India asked DLF
Ltd., a real estate developer company to pay the
fine amount of Rs.630 Crore, imposed by
Competition Commission of India.
81. The state of Maharashtra will form the
Transgender Welfare Board. Maharashtra will
become 2
nd
state of India to form the Transgender
Welfare Board. The first one was Tamil Nadu.
82. Sivaramakrishnan Committee submitted its report
to the Union Home Ministry on the capital of
Andhra Pradesh. The committee was recently
constituted to sugest the place to build the capital
city of Andhra Pradesh. The Chairman of this
committee is K. Sivaramakrishnan.
83. The Governor of Manipur Shri Vinod Kumar
Duggal resigned. Formerly, he was the member-
Secretary of Srikrishna Committee, the
committee was constituted on the issue of new
formed state of Telangana.
84. The Cabinet of Delhi made mandatory
instructions to wear the helmets for women on
two wheelers.
85. Till now, NDA Government of India laid down
the many foundation stones to provide hastle free
services to Indians. In the near future, the Indian
Government can start MyGov.in programme.
Under this programme the educational
certificates, residential documents and other
necessary documents will be stored in the
individual digital lockers. After the inaugration
of this programme, all the Indians can free from
GK Digest August
8
harassment suffered by them in the government
offices.
Union Budget 2014
Arun Jaitley, The Finance Minister of Narendra
Modi's cabinet presented, Union Budget. I must
say that this budget is "Growth Oriented".
Government planned to invest lots of funds on
setting up of new educational institutes and one
of the most important step that government took -
Increase in limit of 80C. This would lead to
higher investment rate and automatically this
would help in job creation.
Highlights
Taxes and Interests
Income tax exemption limit raised from
Rs.2 Lakh to Rs.2.5 Lakh
Deduction limit under Section 80-C
raised to Rs.1.5 Lakh
Annual PPF ceiling hiked to Rs.1.5 Lakh
No tax for income upto Rs.3 Lakh for
senior citizens
Housing loan interest deduction limit
raised from Rs.1.5 Lakh to Rs.2 Lakh
Aim: Save taxpayers from burden
Womens Safety
Rs.50 Crore for safety for Women on
public road transport
Rs.150 Crore security net in large
cities
Crisis Management centres to come
up in Delhi
Rs.100 Crore for Beti Padhao, Bet
Bachao Yojana
Aim: 2013 saw a crime spike by 26.7% compared to the
previous year. Nirbhaya like incidents drew worldwide
condemnation
Power & Energy
Rs.500 Crore for solar power projects
24 7 power supply to all homes
Rs.100 Crore for Ultra Modern Super
Critical Coal Based Thermal Power
Technology
Rs.200 Crore for power reforms in Delhi
Why: For meeting ever growing demand.
Villages and rural areas to benefit most.
Education
5 new IITs and an equal number of IIMs,
4 new AIIMS
Rs.28,635 Crore for Sarva Shiksha
Abhiyan
Rs.4,966 Crore for the Rashtriya
Madhyamik Shiksha Abhiyan
Aim: To check high school dropouts and boos
higher education
Defence
Gets Rs.2.29 Lakh Crore, One-Rank
One- Pay adopted
FDI limit raised from 26% to 49%
Rs.1000 Crore for border area rail
network
Additional Rs.5000 Crore for the
modernization of armed forces
Pushing to the front: Indias strategic interests
demand state-of-the-art weapons and capability
to deploy troops swiftly
Agriculture
Rs.100 Crore for Agri-infrastructure fund
Rs.50 Crore for indigenous cattle
breeding
Rs.8 Lakh Crore for agriculture credit
Government to formulate new urea
policy
Rs.500 Crore for price stabilization fund
Rs.100 Crore for Kisan Television
Farmers to get loans at 7%
Two IARI like institutions of excellence
in Assam and Jharkhand
Aim: To encourage R & D and rationalize
fertilizer prices to boost rural economy
GK Digest August
9
Tourism
E-visas at nine airports, Rs.500 Crore for
5 new tourist circuits
National Heritage city Development and
Augmentation Yojana
Rs.100 Crore for the preservation of
archaeological sites
Target: More revenue and foreign currency.
Government looks forward to an average annual
growth of 8% per year
Infrastructure
Rs.37,850 Crore allocated for road
building plan via NHAI, including
Rs.3000 Crore for the North East
Rs.11,635 Crore to develop existing ports
& harbours
Schemes for development of airports in
tier-I and II cities via AAI and PPP
Rs.7,060 Crore allocated for 100 smart
cities
Rs.100 Crore for metro projects in
Lucknow and Ahmedabad
The way ahead: To clear highways sector from the maze
of clearances.
Markets & Banking
PSU Banks to raise Rs.2.40 Lakh Crore
capital by 2018
Introduction of uniform KYC norms
One single operating DMAT Account
Two bank accounts in each household to
be opened
What it means: Banking facilities for all households
Customs & Excise
Colour picture tubes exempted from
basic customs duty
Basic customs duty on LCD, LED panels
below 19 inches reduced
More proposals to cut excise on food
processing and footwear
Cigarattes, tobacco products, aerated
water containing sugar to become
expensive
Aim: To curb use of tobacco products as
smoking results in 1 million deaths every year
and 20% of the total deaths in the country.
Sports
Rs.200 Crore for upgrading indoor and
outdoor facilities in Jammu and Kashmir
Rs.100 Crore allocated for Sports
University in Manipur
Rs.100 Crore for training sportsmen and
women for upcoming Commonwealth
and Asian Games.
Aim: As sports have not been mainstreamed to
date, was a need to set up national level
academies for major games in different parts of
the country.
Information Technology
Tax benefits for IT industry restored
FDI to be allowed in e-commerce sector
to provide much needed boost to the
online retail industry
Rs.100 Crore set aside for development
of Technology Development Fund
Biotech clusters to be set up in Bangalore
and Faridabad
All government departments, ministries
to be integrated through e-platform by
31 Dec., 2014
Aim: to promote the use of new technology and
integration of technology across sectors.
Rural Development
Rs.500 Crore for Deen Dayal Upadhaya
Gram Jyoti Yojana
Rs.14,389 Crore for Pradhan Mantri
Gram Sadak Yojana
Initial sum of Rs.100 Crore for Village
Entrepreneurship Programme
New programme Neeranchal to give
impetus to watershed development with
an initial outlay of Rs.2,142 Crore
Swatch Bharat Abhiyaan targeting total
sanitation by 2019
Low interest loan scheme for women self
help groups
GK Digest August
10
Tax exemption limit increased from 2 lacs to 2.5 lacs
Much awaited and expected decision from FM. Although
it was expected that tax exemption limit will be increased
to 3 lacs but it is increased to 2.5 lacs only. Government
tried to relief to inflation stricken public.
Individual resident below 60 years of age (i.e. born on or
after 1st April 1953) or any NRI, HUF, AOP, BOI or
AJP*
Income Tax Slabs
Income Slabs Tax Rates
I. Where the total income
does not exceed
Rs.2,00,000/-
NIL
II. Where the total income
exceeds Rs.2,00,000/- but
does not exceed Rs.
5,00,000/-.
10% of amount by
which the total
income exceeds
Rs. 2,00,000/-
III. Where the total income
does not exceed Rs.
10,00,000/-
Rs.30,000/- +
20% of the
amount by which
the total income
exceeds Rs.
5,00,000/-
IV. Where the total income
exceeds Rs.10,00,000/-
Rs.130,000/- +
30% of the
amount by which
the total income
exceeds Rs.
10,00,000/-
Surcharge : Nil
Education Cess : 3% of the Income Tax.
* Abbreviations used :
NRI - Non Resident Individual; HUF - Hindu
Undivided Family; AOP - Association of Persons; BOI -
Body of Individuals; AJP - Artificial Judicial Person
I. Individual resident who is of the age of 60 years
or more but below the age of 80 years at any time
during the previous year (i.e. born on or after 1st
April 1933 but before 1st April 1953)
Income Tax : Tax Liability for AY 2013-14
I. Where the total income
does not exceed
Rs.2,00,000/-
NIL
does not exceed Rs.
5,00,000/-.
10% of amount by
which the total
income exceeds
Rs. 2,50,000/-
does not exceed Rs.
10,00,000/-
Rs.30,000/- +
20% of the
amount by which
the total income
exceeds Rs.
5,00,000/-
IV. Where the total income
Rs.125,000/- +
30% of the
amount by which
the total income
exceeds Rs.
10,00,000/-
Surcharge : Nil
II. Individual resident who is of the age of 80 years
or more at any time during the previous year (i.e.
born before 1st April 1933)
Income Tax : Calculate Tax Liability for AY 2013-14
I. Where the total income does
not exceed Rs.5,00,000/-
NIL
does not exceed Rs.
10,00,000/-.
20% of amount by
which the total
income exceeds
Rs. 5,00,000/-
Rs.100,000/- +
30% of the
amount by which
the total income
exceeds Rs.
10,00,000/-
Surcharge : Nil
III. Co-operative Society
GK Digest August
11
Income Tax : Calculate Tax Liability for AY 2013-14
I. Where the total income does
not exceed Rs.10,000/-
10% of the
income
exceeds Rs.10,000/- but
does not exceed Rs.
20,000/-.
Rs.1000 + 20% of
income in excess
of Rs.10,000/-
exceeds Rs.20,000/-
Rs.3,000/- + 30%
of the amount by
which the total
income exceeds
Rs. 20,000/-
Surcharge : Nil
Education Cess : 3% of the Income-tax.
IV. Firm
Income Tax : 30% of total income.Calculate Tax
Liability for AY 2013-14
Surcharge : Nil
V. Local Authority
Surcharge : Nil
VI. Domestic Company
Surcharge : The amount of income tax as computed in
accordance with above rates, and after being reduced by
the amount of tax rebate shall be increased by a surcharge
at the rate of 5% of such income tax, provided that the
total income exceeds Rs. 1 crore. (Marginal Relief in
Surcharge, if applicable)
Education Cess : 3% of the total of Income Tax and
Surcharge.
VII. Company other than a Domestic Company
Income Tax :Calculate Tax Liability for AY 2013-14
a. @ 50% of on so much of the total income
as consist of (a) royalties received from
Government or an Indian concern in
pursuance of an agreement made by it
with the Government or the Indian
concern after the 31st day of March,
1961 but before the 1st day of April,
1976; or (b) fees for rendering technical
services received from Government or an
Indian concern in pursuance of an
agreement made by it with the
Government or the Indian concern after
the 29th day of February, 1964 but before
the 1st day of April, 1976, and where
such agreement has, in either case, been
approved by the Central Government.
b. @ 40% of the balance
Surcharge : The amount of income tax as computed in
accordance with above rates, and after being reduced by
the amount of tax rebate shall be increased by a surcharge
at the rate of 2% of such income tax, provided that the
total income exceeds Rs. 1 crore. (Marginal Relief in
Surcharge, if applicable)
Education Cess : 3% of the total of Income Tax and
Surcharge.
New Schemes introduced in
Budget 2014
Scheme Fund Allocation
Textile Cluster 200 Crore
Kisan Television 100 Crore
Four new AIIMS 500 Crore
Modernization of Madrassas 100 Crore
Community Radio Centres 100 Crore
Agricultural University 200 Crore
Beti Padhao Beti Badhao 100 Crore
GK Digest August
12
Yojana
Statue of Unity of Sardar
Vallabh Patel
200 Crore
National rural internet and
technology mission
500 Crore
New and renewable energy 500 Crore
Soil health card policy 100 Crore
Soil testing lab 100 Crore
Metro rails development
project
100 Crore
Important Organizations
and their Abbreviations
IOD- Indian Ocean Dipole
ICANN- Internet Corporation for Assigned
Names and Numbers
CCI- Competition Commission of India
DGCA- The Directorate General of Civil
Aviation
UNESCO- United Nations Educational,
Scientific and Cultural Organization
IAEA- International Atomic Energy Agency
(IAEA)
NFSA- National Food Security Act
UNEP- United Nations Environment Programme
NDMA- National Disaster Management
Authority
MPA- Marine Protected Area
OHCHR- Office of High Commissioner for
Human Rights
DRSC- District-level Road Safety Committees
AICTE :- All India Council of Technical
Education
AIIMS :- All India Institute of Medical Sciences
ASSOCHAM :- Associated Chamber of
Commerce and Industry
BIS :- Bureau of Indian Standards
CSIR :- Council of Scientific and Industrial
Research
CVC :- Central Vigilance Commission
DGCA :- Director General of Civil Aviation
ECIL :- Electronic Corporation of India Limited
FCI :- Food Corporation of India
FICCI :- Federation of Indian Chamber of
Commerce and Industry
FIEO :- Federation of Indian Export
Organization
IDFC Infrastructure Development Finance Co.
Ltd.
GATT :- General Agreement on Tariff and Trade
AICI Agricultural Insurance Corporation of
India
CCIC Central Cottage Industries Corporation
CCI Consumer Confidence Index
EFTA European Free Trade Association
ISROIndian Space Research Organisation
ICICIIndustrial Credit and Investment
Corporation of India
HDFCHousing Development Finance
Corporation
NASA :-National aeronautics and space
administration.
ESA :-Employment and support Allowance
Business and Economy
1. Employees Provident Fund Organisation (EPFO)
retained the rate of interest as 8.75% p.a. on the
deposits of provident fund.
2. RBI has cancelled Certificate of Registration of
six non-banking finanancial institutions
(NBFCs). The reason being that they cannot be
able to conduct business of non-banking
finanancial activities. It is hereby important to
noted that RBI at any time observed that if any
institution cannot be able to bear the expenditures
or losses then RBI cancelled the Certificate of
Registration of that institution immediately.
3. HDFC (Housing Development Finance
Corporation) is fast growing private sector bank
who will open a school in Gurgaon. This will be
the first financial organization who taken this
type of step.
4. According to the Bloomberg Billionaires Index,
Shri Dilip Singhvi, the founder and MD of Sun
Pharmaceutical Industries topped the gloabal rich
list with $17.2 billion. Sun Pharmaceutical
Industries is the fastest growing healthcare
company.
5. Reserve Bank of India reduced the Statutory
Liquidity Ratio (SLR) by 50 basis points to 22%
GK Digest August
13
but the repo rate remains the same announced by
the RBI Governor Raghuram Rajan.
Policy Rates
Bank Rate 9.0%
Base Rate 10% to 10.25%
CRR 4.0%
Repo Rate 8.0%
Reserve Repo Rate 7.0%
SLR 22%
Term Deposit Rate 8% to 9.05%
6. RBI has cancelled the licence of The Vasavi Co-
operative Urban Bank Ltd.
7. Reserve Bank of India drafted guidelines to
implement the Bharat Bill Payment Scheme
(BPPS) oftenly called as any time any where
bill payment system.
8. Tata Consultancy Services (TCS) became the
first Indian Company to cross Rs.5 Lakh Crore
Market capitalization. Till today, no other
national company can reach at this target. TCS is
an IT Company.
9. Reserve Bank of India will launched Rs.1000
note consisting the Rupee Symbol.
10. The Board of Reserve Bank of India has given
the apporval to create the post of Chief Operating
Officer as per the needs of the economy.
11. Reserve Bank of India announed that free ATM
transactions for savings account holders in six
metro cities will decrease from 5 to 3 from 01
st
November 2014. That cities are Mumbai, New
Delhi, Chennai, Kolkata, Bengaluru and
Hyderabad.
12. India ranked at 5
th
position in Renewables Global
Status Report 2014 while China ranked at 1
st
position. First time this report was relased in the
year 2005.
13. The merger of Mumbai and Kolkata will held
with Maharashtra and West Bengal under the
Department of Telecom. After the mergeness of
these cities, the telecom subscribers who
travelling from these cities will free from the
roaming charges. The present Telecom Minister
is Ravi Shankar Prasad.
14. The Korean handset maker Samsung still
continues to lead the smartphone market with
29% share as per the report of International Data
Corporation which is a market research to
conduct analyzing in information technolgy and
telecommunications. The Chief Executive Officer
of International Data Corporation is Kirk
Campbell.
15. Colgate palmolive appointed Issam Bachaalani as
Managing Director of India. Colgate palmolive
Company is the multinational company which is
focus on the healthcare products like soaps,
detergents etc. The Chief Executive Officer of
Colgate Palmolive Company is Ian M. Cook and
its headquarter in New York.
16. The 2
nd
largest private sector bank of India i.e.
HDFC Bank opened its Branch in Dubai. The
HDFC Bank taken this step to see the large
quantity of Indians in Dubai. Before this the bank
has already opened its two international branches
in Bahrain and Hong Kong. The Chief Executive
Officer of HDFC Bank is Aditya Puri.
17. The Swachh Bharat scheme gets Rs.200 Crore
from Tata Consultancy Services and Bharti
Foundation for working this scheme. The Chief
Executive Officer of Tata Consultancy Services
is Natarajan Chandrasekaran. The Chief
Executive Officer of Bharti Foundation is Vijay
Chadda.
18. The renowned Private Sector Bank i.e. ICICI
Bank launched EMI facility on debit cards with
the condition to have FD in tha bank. With this
launching, ICICI Bank became the first bank to
launch this type of facility.
19. The Ministry of Finance gave the instructions to
forensic audit to take an audit regarding the
misappropriation of funds committed by Dena
Bank and Oriental Bank of Commerce.
20. International Finance Corporation launched
$2.5bn onshore Indian ruppe programme to
strengthen the support infrastructure development
and capital market. International Finance
Corporation is the member of World Bank
Group.
21. The Indian companies Tata Consultancy Services
(TCS), Sun Pharma Industries, Hindustan
Unilever, Larsen & Toubro (L & T), Bajaj Auto
GK Digest August
14
listed in the Forbes list among 100 most
innovative companies.
22. ITC Limited listed in Indias most admired
companies. Approximate, 45 companies listed in
the FORBES list.
23. Tata Value Homes signed an angreement with
Snapdeal to enable the users to buy houses
online.
24. Cox & Kings Ltd., a travel company got the
contract of Deccan Odyssey, a luxury train
service of Maharashtra Tourism Development
Corporation for the term of 5 years.
25. Reliance Jio Infocomm Ltd. signed the deal with
BSNL for sharing the towers. Reliance Jio
Infocomm Ltd. is the first telecom company to
get the unified licence for all the 22 service areas
in all over India.
26. Air India will sell tickets for Rs.100 excluding
tax on the eve of Air India Day i.e. on 27
th
August 2014, the day on which the Indian
Airlines merged with Air India 7 years back i.e.
in the year 2007.
27. INTERPOL appointed Shah Rukh Khan as its
Ambassador. The Headquarter of INTERPOL is
in France. After the appointment, he became the
first Indian to become Ambassador of
INTERPOL.
28. More than 1.5 Crore accounts opened all over
India under the Pradhana Mantri Jan Dhan
Yojana, a Yojana announced by the Prime
Minister on the eve of Independence Day, few
days back. This is a big record in the Indian
banking industry that 1.5 Crore accounts opened
just in One day.
29. Indian Railway Catering and Tourism
Corporation (IRCTC) launched the new
application for all the Black Berry Smartphone
users. With this application, all the Black Berry
Smartphone users can book the train tickets.
Science and Technology
1. Indian Air Force received its 6
th
C-17
Globemaster III aircraft on 28
th
July 2014.
2. 6
th
C-17 Globemaster III launched in Indian Air
Force. This success of Indian Air Force wil
enhance the Operational Potential of itself.
3. Two Indians Rishi Israni and his wife Pranoti
invented a Robot which will produce one baked
chapati. This is worlds first Chapati Making
Robot. The Rotomatic device is the first device to
be used in Robotic Technology.
4. On 8
th
August 2014 India and USA decided to for
co-development and co-production of advanced
weapons systems which will revive the Defence
Trade and Technology Initiative between India
and USA.
5. SHERLOC is the first UV Raman Spectrometer
that will fly in Mars. SHERLOC (Scanning
Habitable Environments with Raman and
Luminescence for Organics and Chemicals) will
carried by the Mars 2020 rover mission.
6. NASAs ISEE-3 vintage spacecraft successfully
completed the visit to the earth moon system.
Originally this spacecraft was launched in the
year 1978.
7. Mars Environmental Dynamics Analyzer
(MEDA) would be carried in 2020 to measure
temoperature, measure the speed of wind and also
the direction, presurre and wind and humidity of
air.
8. Radar Imager for Mars Subsurface Exploration
(RIMFAX) will be sent to Mars to study the
centimeter-scale resolution of the geologic
structure of the subsurface. RIMFAX is a ground
penerating radar.
9. On 16
th
August 2014, Prime Minister of India
Shri Narendra Modi will delivered INS Kolkata
to Indian Navy. INS Kolkata will be the part of
44 warships. This is the first and largest made in
India.
10. Google will be build knowledge vault to store the
information of whole the world by using an
algorithm to turn the raw data.
Sports
FIFA World Cup 2014
1) 2014 FIFA World Cup was the ..... FIFA World
Cup?
Ans. 20th
2) Which country hosted the FIFA World Cup 2014?
Ans. Brazil
GK Digest August
15
3) The FIFA 2014 was held from __ to __?
Ans. 12th June to 13th July
4) Brazil had earlier hosted FIFA WC in which year?
Ans. 1950
5) How many countries participated in the FIFA WC
2014?
Ans. 32
6) Name the two new technologies used for the first
time at a World Cup in 2014?
Ans. Goal-line technology and vanishing foam for
free kicks.
7) When was the first FIFA World cup held?
Ans. 1930
8) Name the countries which have so far lifted FIFA WC
since it's startingin 1930?
Ans. Argentina, Brazil, England, France, Germany,
Italy, Spain and Uruguay
9) Which was the first team to be eliminated from FIFA
WC 2014?
Ans. Spain (the champions of 2010 WC)
10) Germany lifted the FIFA WC 2014 defeating which
team in the finals?
Ans. Argentina (By 1-0 margin)
11) Which team became the first European team to win a
World Cup in the Americas?
Ans. Germany
12) Germany's win marked the first time that sides from
the same continent had won three successive World Cups.
Who were the earlier winners in 2010 and 2006?
Ans. 2010- Spain & 2006- Italy
13) Germany qualified for which tournament winning the
world Cup?
Ans. 2017 FIFA Confederations Cup
14) First match of FIFA 2014 was between?
Ans. Brazil and Croatia
15) Who scored the first goal of FIFA WC 2014?
Ans. Marcelo of Brazil (It was a self-goal
which earned Croatia the lead in the 11th
minute.) But at the end Brazil won the match
3-1 with Neymar scoring 2 goals and Oscar
one.
16) Who was the referee in the opening match?
Ans. Yuichi Nishimura from Japan
17) Who was the referee in the final match?
Ans. Nicola Rizzoli from Italy
18) Total how many venues where there for FIFA
WC 2014?
Ans. 12
19) Which stadium hosted the final match
between Germany and Argentina?
Ans. Maracana Stadium, Rio de Janeiro
20) Which was the official match ball of the 2014
FIFA World Cup?
Ans. Adidas Brazuca
21) Brazuca was manufactured in which country?
Ans. Sialkot, Pakistan
22) Which country reached their first
quarterfinals since 1986 in FIFA WC 2014?
Ans. Belgium
23) Name the two first-time quarterfinalists in
FIFA WC 2014?
Ans. Colombia and Costa Rica
24) Which country set a World Cup record with
four consecutive semi-final appearances in FIFA
WC 2014?
Ans. Germany
25) Who beacme the first player to appear in four
World Cup semi-finals in FIFA WC 2014?
Ans. Miroslav Klose
26) Miroslav Klose broke whose record with 16 goals to
become the highest scorer in the history of FIFA 2014?
Ans. Ronaldo
GK Digest August
16
27) Which team secured third place in FIFA WC 2014?
Ans. Netherlands. The defeated Brazil 30 in third
place play-off.
28) Germany and Argentina faced each other in how
many WC finals?
Ans. Three (1986, 1990 and 2014)
29) Who was awarded the Golden Boot for scoring six
goals in FIFA WC 2014?
Ans. James Rodrguez of Colombia. He was followed
by Thomas Mller- 05, Lionel Messi, Neymar
and Robin van Persie with 04 goals.
30) How many goals were scored in FIFA WC 2014 in
total?
Ans. 171 goals by 121 different players.
31) How many self-goals were there in FIFA WC 2014?
Ans. 05
32) Which player was suspended during FIFA WC 2014
for nine international matches and banned from taking
part in any footballing-related activity (including entering
any stadium) for four months, following a biting incident
on Italian defender Giorgio Chiellini?
Ans. Luis Surez of Uruguay
33) Who scored the two hat-tricks of FIFA WC 2014?
Ans. Thomas Muller of Germany and Xherdan
Shaqiri of Switzerland
34) Who won the Golden Ball in FIFA 2014 as best
player of the tournament?
Ans. Lionel Messi of Argentina
35) Who was awarded the Golden Glove for best goal
keeper?
Ans. Manuel Neuer of Germany
36) Who was given the Best Young Player award in FIFA
WC 2014?
Ans. Paul Pogba of France
37) Which team won FIFA Fair Play Trophy?
Ans. Colombia
38) Which country will host the next FIFA WC
in 2018?
Ans. Russia
1. Vikas Gowda became first athlete who brought
the first athletics medal in Commonwealth
Games 2014. After this victory, Vikas Gowda
became Indias 2
nd
male athlete to win Gold
Medal in Commonwealth Games, the first one
was Milkha Singh who won Gold Medal in
athletics in the year 1958.
2. Babita Kumari win Gold Medal in womens free
style 55 kg wrestling in Commonwealth Games
2014.
3. Jitu Rai won Gold Medal in 50m Air Pistol in
Commonwealth Games 2014.
4. The closing ceremony of 20
th
Commonwealth
Games, 2014 held at Hampden Park Stadium,
Glasgow, Scotland. The next 21
st
Commonwealth
Games, 2018 will he held in Gold Coast in
Australia. India has successful to win 15 Gold
Medals and total 64 medals.
The 15 Indian Gold Medalists are:
Yogeshwar Dutt in Mens wrestling 65
kg freestyle
Sushil Kumar in Mens wrestling 75 kg
Amit Kumar in Mens wrestling 57 kg
Babita Kumar in Womens wrestling, 55
kg freestyle
Vinesh Phogat in Womens wrestling 48
kg
Satish Sivalingam in Mens weightlifting
77 kg
Sukhen Dey in Mens weightlifting 56 kg
category
K Sanjita Chanu in Womens
weightlifting 48 kg category
Vikas Gowda in Mens Discus Throw
Jitu Rai in Mens Shooting 50 m Pistol
Rahi Sarnobat in Womens Shooting 25
m pistol
Apurvi Chandela in Womens shooting
10 m Air Rifle
Abhinav Bindra in Mens 10 m Air Rifle
Dipika Pallikal in Womens Squash
GK Digest August
17
Joshana Chinappa in Womens Squash
Parupalli Kashyap in Mens Badminton
5. Parupalli Kashyap became the first shuttler in
Mens singles to win a Gold Medal in
Commonwealth Games in the last 32 years.
6. Sabine Lisicki created the world record by fastest
serve in Womens Tennis. She is from Germany
which country recently won the FIFA World Cup
2014.
7. The Worlds superstar Usain Bolt won Gold
Medal in Commonwealth Games, 2014 in mens
4 100 m relay. He is from Jamaica. Usain Bolt
broke many records which were set by various
athletes.
8. England successful to placed at 1
st
position in
Commonwealth Games 2014 with 58 Gold
Medals, 59 Silver Medals and 57 Bronze Medals.
9. Chika Amalaha the Weightlifter of Nigeria
became the first to be caught in the dope offence
in Commonwealth Games 2014.
10. Kapil Dev will become the Head of Arjuna
Awards Selection Committee while Ajit Pal
Singh is likely to be charge of selecting the
Dronacharya Awardees. Kapil Dev is a former
Crickter who won the Cricket World Cup for
India in the year 1983 by defeating the then
worlds strongest team West Indies while Ajit Pal
Singh is a famous hockey skipper. The present
Sports Secretary is Ajit Sharan.
11. The Cricket Team of India equalled the world
record of maximum 6 played gone on ducks in a
test innings. There are three more teams, their 6
players were gone on duck i.e. Pakistan, South
Africa and Bangladesh. From the total four
teams, there are three teams from Asia.
12. The Indian Women Recurve team won Gold
Medal in the Archery World Cup. In this World
Cup, the Indian team lead by Deepika Kumari.
The world cup held at Wroclaw, Poland.
13. The famous Crickter Virender Sehwag and
famous Boxer Mary Kom will promote a unity
marathon for CRPF which is the largest
paramilitary force of India. The Chief of CRPF is
Dilip Trivedi.
14. The famous Indian sportsperson Ravichandran
Ashwin declared No.1 Test All-rounder in Test
Cricket. India slipped at 4
th
position in ICC Test
Cricket. South Africa placed at No.1 position.
15. Ravichandran Ashwin became 46
th
Indian
Cricketer who will receive Arjuna Award which
was started in the year 1961 who perform their
best and achieve the outstanding performance in
sports. However, Rajiv Gandhi Khel Ratna
Award will not to be given any sportsperson this
year.
16. The famous Sri Lankan Cricketer namely Kumar
Sangakkara break the record of Sir Don Bradman
by completing his 10
th
Double Century. He
completed his 10
th
Double Century against
Pakistan.
17. The famour Tennis Superstar Roger Federer won
his 300
th
match during the Master Tournament.
Recently he ranked World No.3 best Tennis
Player by the Association of Tennis
Professionals. Roger Federer belongs to
Switzerland.
18. Jo-Wilfried Tsonga won the Rogers Cup after
beating Roger Federer. Recently he ranked
World No.10 best Tennis Player by the
Association of Tennis Professionals. Jo-Wilfried
Tsonga belongs to France.
19. On 12
th
August 2014, Jo Pavey became the oldest
woman to win the Gold Medal in European
Championships. This champoionship has
organized by European Athletics Association.
Recently, She won a Bronze Medal in
Commonwealth Games 2014.
20. Real Madrid Football Club won the UEFA
Footbal Super Cup by defeating the Sevila
Footbal Club. Now, Real Madrid has 14
European Trophies included this one. The UEFA
Super Cup is organized annualy.
21. The State of Himachal Pradesh will host the
Paragliding World Cup in the next year 2015
which will be organized by Paragliding World
Cup Association.
22. Kush Kumar became the first Indian player to
reach at semi-final of the World Junior Squash
Championship. He is a professional Squash
Player. The President of World Squash
Federation is Cyrus Poncha.
23. Judit Polgar the famous Chess Player retired from
competitive Chess Arena. She is the only Chess
GK Digest August
18
woman player who remains at No.1 position in
the Worlds Top players for consecutive 25 years.
She is from Hungary. Now, the present World
Chess Champion is Magnus Carlsen.
24. Roger Federer won Cincinnati Masters after
defearing David Ferrer. This is his 80
th
carrer title
and 6
th
at the Cincinnati Masters.
25. Serena Williams won Cincinnati Master after
defeating Ana Ivanovic. This is her first
Cincinnati title.
26. Adille Sumariwala will head the Indian
contingent for Asian Games which will be hed in
October 2014. He is the President of the Athletics
Federation of India. 17
th
Asian Games will be
held in South Korea.
27. Tech Mahindra ties up with the famous former
hockey player Shri Dhanraj Pillay to encourage
and promote the game hockey. Dhanraj Pillay is
the Manager of Indian Hockey Team. He also
awarded with Arjuna Award.
28. Max Verstappen will become the youngest F1
(Formula 1) driver. Now, he is just 16 years old.
He is from Netherlands.
29. The State of Madhya Pradesh became the
member of Hockey India. It is the 23
rd
member of
Hockey India. Hockey India is the apex body of
India to promote the Hockey in youth.
30. The American swimmer namely Katie Ledecky
created a new world record in Womens 1500
meter freestyle in swimming by breaking her own
record at Pan Pacific Championship. She created
a record by swam the distance in 15 minute 28.36
seconds. Till now, she won 5 gold medals.
31. Daniel Ricciardo from Australia won Belgium F1
Grand Prix which held on 24
th
August 2014.
32. On 29
th
August, i.e. the birth anniversary of
former Hockey Player Dhayan Chand, National
Sports Day celebrated throughout the country.
Dhyan Chand is also known as the Hockey
Magician.
33. The new International Hockey Stadium
inaugrated in Raipur on the eve of National
Sports Day. This is the 2
nd
International Hockey
Stadium established in the State of Chhatisgarh,
the first one was in Rajnandgaon.
Awards and Books
1. Bhartiya Mahila Bank Ltd. awarded by Banking
System Initiative Award-2014. The Chairman of
Bhartiya Mahila Bank Ltd. is Usha
Ananthasubramanan. Basically, this bank has
working for economic empowerment of women
in India.
2. Container Corporation of India Limited received
Navratna Status granted by the Union
Government. This corporation is the 17
th
Central
Public Sector Enterprise to receive this status.
3. Bachendri Pal awarded by Bharat Gaurav Award
organized by East Bengal Club. This is the
highest award of East Bengal Club. Bachendri
Pal was the first Indian woman to climb Mount
Everest in the year 1984. It is important to know
that Bachendri Pal is Gold Medalist in
Mountaineering and also got Arjuna Award and
varous other awards and achievements.
4. Malala Yousufzai won Liberty Medal for the year
2014 given byy National Constitution Center,
USA. She awarded by this award for the
outstanding work of basic education and human
rights in Pakistan because in Pakistan girl
education and human rights were restricted by
Taliban. Malala Yousufzai also bageged
Pakistans Civil Awards 2014.
5. Dr. Raghunath Anant Mashelkar honoured with
Padma Vibhushan Award. He is a famous
scientist. Padma Vibhushan is the highest civilian
award of India. The Padma Awards are presented
by the President of India.
6. Vyas Samman 2013, the prestigios award given
in Hindi writing and peotry won by the famous
Hindi writer Vishwanath Tripathi. This award
was started in the year 1991 by K.K. Birla
Foundation.
7. Sanjaya Rajaram won World Food Prize 2014.
He is a famous scientist. The award has given by
the World Food Prize Foundation. This award
was started in the year 1986 by Dr.Norman
Borlaug.
8. Kedar Nath Singh won Jnanpith Award 2013. He
is a famous Hindi writer. The award has given by
Bhartiya Jnanpith Trust founded in the year 1961.
This award is given in the filed of excellence
work in any Indian language.
GK Digest August
19
9. The book namely Strictly Personal, Manmohan
and Gursharan was written by Daman Singh.
Manmohan Singh was the 13
th
Prime Minister of
India. This book is based upon Manmohan Singh
and his wife Gursharan Kaur.
10. Sriram Vedire, the National Convener of Water
Management Cell of Bhartiya Janta Party wrote a
book namely Gujarats success stry in Water
Management mentioning that the water resources
are well utilized resources to achieve the
development of any State or any Country.
11. Three Members of Parliament namely Shri Arun
Jaitley, Dr.Karan Singh and Shri Sharad Yadav
awarded the Parliamentarian Awards for the
excellence contribution in their parliamentary
duties. The awards have given by the President of
India Shri Pranab Mukherjee.
12. The Professor of Iran namely Maryam
Mirzakhani became first woman to win the Top
Prize in Mathematics. She received the Fields
Medal which is generally known as the Noble
Prize of Mathematics. The President of Iran is
Hassan Rouhani.
13. The Global South Award given by International
Political Science Association (IPSA) to Dr. Sunil
Kumar who is the renowned Professor of Delhi
University on 13
th
August 2014 for his paper
titled as Chaning Landscape of Electoral
Democracy and Political Demography based on
the General Election 2014.
14. The Tourism Ministry of India has declared that
the State of Sikkim became the most favoured
destination for foregin tourists in the North-East
Region. Before this, the State of Sikkim has
declared the best place to visit. Moreover, Sikkim
also won the National Tourism Award 2012.
15. Munjal Bhargava won the Noble Prize of
Mathematics. Moreover, Subhash Khot also won
the Rolf Nevanlinna Prize which is awarded by
Internation Mathematical Union.
16. The highest peacetime gallantry award of Indian
Army i.e. Ashok Chakra conferred to Late Maj.
Mukund Varadarajan. 12 Shaurya Chakras, 39
Sena Medals, 1 Nau Sena Medal and 2 Vayu
Sena Medals also announced on the eve of the
Independence Day.
17. Partha Mitra awarded Early Concept Grants for
Exploratory Research (EAGER) to map the
human brain alongwith Florin Albeanu. He is an
neuroscientist in the USA. Brain Research
throiugh Advancign Innovative
Neurotechnologies (BRAIN) initiative is an
initiative by the government of USA to identify
the brain structures. Partha Mitra is the founder
of Mouse Brain Architecture Project.
18. 22
nd
Rajiv Gandhi Natonal Sadbhavana Award
was presented to Muzaffar Ali, who is a famous
poet and filmmaker. The award is given to those
personaltity who give his/her contribution in
communal harmoney and peace.
19. The renowned and oldest Wrestling school of
India namely Guru Hanuman Akhara elected for
Rashtriya Khel Protsahan Puraskar for the year
2014. The most famous wrestlers Dara Singh,
Sushil Kumar, Yogendra Kumar etc. were also
taken coaching and training from Guru Hanuman
Akhara.
20. The neighbour country of India i.e. Pakistan
elected M.S. Swaminathan to honour with the
Degree of Doctor of Science. The Degree given
by University of Agriculture which located in
city Faisalabad. M.S. Swaminathan is the
renowned Agriculture Scientist of India who also
awarded with World Food Prize, Ramon
Magasaysay Award, Padma Bhushan and many
other awards.
21. Yashwardhan Shukla wrote the novel God of
Antarctica. He is just 13 years old school going
boy.
GK Digest August
20
Important Days
January 9 NRI Day
January 10 World Laughter Day
January 12 National Youth Day
January 15 Army Day
January 26 India's Republic Day,
International Customs Day
January 30 Martyrs' Day;
World Leprosy Eradication Day
2nd Sunday of Feb. World Marriage Day
February 24 Central Excise Day
February 28 National Science Day
2
nd
Monday of March Commonwealth Day
March 8 International Women's Day Intl.
literacy Day
March 15 World Disabled Day
World Consumer Rights Day
March 18 Ordnance Factories Day (India)
March 21 World Forestry Day
Intl. Day for Elimination of
Racial Discrimination
March 22 World Day for Water
March 23 World Meteorological Day
March 24 World TB Day
April 5 International Day for Mine Awareness;
National Maritime Day
April 7 World Health Day
April 17 World Haemophilia Day
April 18 World Heritage Day
April 21 Secretaries' Day
April 22 Earth Day
April 23 World Book and Copyright Day
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 Family
May 17 World Telecomm. Day
May 24 Commonwealth Day
May 31 Anti-tobacco Day
June 4 International Day of Innocent
Children Victims of
Aggression
June 5 World Environment Day
June 3rd Sunday Father's Day
June 14 World Blood Donor Day
June 26 International Day against
Drug Abuse and Illicit
Trafficking
July 1 Doctor's Day
July 6 World Zoonoses Day
July 11 World Population Day
August 3 Internatioal Friendship Day
August 6 Hiroshima Day
August 8 World Senior Citizen's Day
August 9 Quit India Day,
Nagasaki Day
August 15 Indian Independence Day
August 18 IntI. Day of the World's
Indigenous Peoples
August 19 Photography Day
August 29 National Sports Day
September 2 Coconut Day
September 5 Teachers' Day;
Sanskrit Day
September 8 World Literacy Day
(UNESCO)
September 15 Engineers' Day
September 16 World Ozone Day
September 21 Alzheimer's Day;
Day for Peace & Non-violence
(UN)
September 22 Rose Day (Welfare of cancer
patients)
September 26 Day of the Deaf
September 27 World Tourism Day
October 1 International Day for Elderly
October 2 Gandhi Jayanthi
October 3 World Habitat Day
October 4 World Animal Welfare Day
October 8 Indian Air Force Day
October 9 World Post Office Day
October 10 National Post Day
October 2nd Thursday World Sight Day
October 13 UN International Day for
Natural Disaster Reduction
GK Digest August
21
October 14 World Standards Day
October 15 World White Cane Day (guiding
the blind)
October 16 World Food Day
October 24 UN Day;
World Development Information Day
October 30 World Thrift Day
November 9 Legal Services Day
November 14 Children's Day; Diabetes Day
November 17 National Epilepsy Day
November 20 Africa Industrialisation Day
November 29 International Day of Solidarity
with Palestinian People
December 1 World AIDS Day
December 3 World Day of Handicapped
December 4 Indian Navy Day
December 7 Indian Armed Forces Flag Day
December 10 Human Rights Day;
IntI. Children's Day of
Broadcasting
December 18 Minorities Rights Day
December 23 Kisan Divas (Farmer's Day)
Flag Name Capital Currency
Algeria Algiers Dinar
Angola Luanda Angolar
Benin
Porto-Novo (official)
Cotonou (seat of
government)
CFA franc
Botswana Gaborone Pula
Burkina
Faso
Ouagadougou CFA franc
Burundi Bujumbura Rupie
Cameroon Yaound CFA franc
Cape
Verde
Praia
Cape
Verdean
escudo
Central
African
Republic
Bangui CFA franc
Chad N'Djamena CFA franc
Comoros Moroni
Comorian
franc
Congo(Co
ngo-
Brazzaville
)
Brazzaville CFA franc
Cte
d'Ivoire(Iv
ory Coast)
Yamoussoukro (officia
l)
Abidjan (seat of
government)
CFA franc
Democrati
c Republic
of the
Congo(Co
ngo-
Kinshasa)
Kinshasa
Congolese
franc
Djibouti Djibouti
Djiboutian
franc
Egypt Cairo
Egyptian
pound
Equatorial
Guinea
Malabo
Equatorial
Guinean
peseta
Eritrea Asmara Tallero
Ethiopia Addis Ababa Birr
Gabon Libreville CFA franc
Gambia Banjul
Gambian
dalasi
Ghana Accra
Ghana
cedi
Guinea Conakry
Guinean
franc
Guinea-
Bissau
Bissau CFA franc
Kenya Nairobi
Kenyan
shilling
GK Digest August
21
the blind)
October 24 UN Day;
Broadcasting
Benin
Cotonou (seat of
government)
CFA franc
Burkina
Faso
Cape
Verde
Praia
Cape
Verdean
escudo
Central
African
Republic
Bangui CFA franc
Comoros Moroni
Comorian
franc
Congo(Co
ngo-
Brazzaville
)
Cte
d'Ivoire(Iv
ory Coast)
l)
Abidjan (seat of
government)
CFA franc
Democrati
c Republic
of the
Congo(Co
ngo-
Kinshasa)
Kinshasa
Congolese
franc
Djibouti Djibouti
Djiboutian
franc
Egypt Cairo
Egyptian
pound
Equatorial
Guinea
Malabo
Equatorial
Guinean
peseta
Gambia Banjul
Gambian
dalasi
Ghana Accra
Ghana
cedi
Guinea Conakry
Guinean
franc
Guinea-
Bissau
Bissau CFA franc
Kenya Nairobi
Kenyan
shilling
GK Digest August
21
the blind)
October 24 UN Day;
Broadcasting
Benin
Cotonou (seat of
government)
CFA franc
Burkina
Faso
Cape
Verde
Praia
Cape
Verdean
escudo
Central
African
Republic
Bangui CFA franc
Comoros Moroni
Comorian
franc
Congo(Co
ngo-
Brazzaville
)
Cte
d'Ivoire(Iv
ory Coast)
l)
Abidjan (seat of
government)
CFA franc
Democrati
c Republic
of the
Congo(Co
ngo-
Kinshasa)
Kinshasa
Congolese
franc
Djibouti Djibouti
Djiboutian
franc
Egypt Cairo
Egyptian
pound
Equatorial
Guinea
Malabo
Equatorial
Guinean
peseta
Gambia Banjul
Gambian
dalasi
Ghana Accra
Ghana
cedi
Guinea Conakry
Guinean
franc
Guinea-
Bissau
Bissau CFA franc
Kenya Nairobi
Kenyan
shilling
GK Digest August
22
Lesotho Maseru
Lesotho
loti
Liberia Monrovia
Liberian
dollar
Libya Tripoli Dinar
Madagasc
ar
Antananarivo
Malagasy
ariary
Malawi Lilongwe Kwacha
Mali Bamako CFA franc
Mauritani
a
Nouakchott Ouguiya
Mauritius Port Louis
Mauritian
rupee
Mayotte
Mamoudzou
Overseas department
of France
Euro
Morocco Rabat
Moroccan
dirham
Mozambiq
ue
Maputo
Mozambic
an metical
Namibia Windhoek
Namibian
dollar
Niger Niamey CFA franc
Nigeria Abuja Naira
Runion
Saint-Denis
Overseas department
of France
Euro
Rwanda Kigali
Rwandan
franc
Saint
Helena,
Ascension
and Tristan
da Cunha
Jamestown (Saint
Helena)
Georgetown (Ascensio
n Island)
Edinburgh of the
Seven Seas (Tristan da
Cunha)
Saint
Helena
pound
Pound
sterling
Sao Tome
and
Principe
So Tom Dobra
Senegal Dakar CFA franc
Seychelles Victoria
Seychelloi
s rupee
Sierra
Leone
Freetown Leone
Somalia Mogadishu
Somali
shilling
Somaliland Hargeisa
Somalilan
d shilling
South
Africa
Pretoria(administrative
/executive)
Cape
Town (legislative)
Bloemfontein (judicial
)
South
African
rand
South
Sudan
Juba
South
Sudanese
pound
Sudan Khartoum
Sudanese
pound
Swaziland
Mbabane (administrati
ve)
Lobamba (royal and
legislative)
Lilangeni
Tanzania
Dodoma (official)
Dar es Salaam (seat of
government)
Tanzanian
shilling
Togo Lom CFA franc
Tunisia Tunis
Tunisian
dinar
Uganda Kampala
Ugandan
shilling
None
Western
Sahara
None Disputed
territory
between Morocco
and the Sahrawi
Moroccan
dirham
Algerian
dinar
GK Digest August
22
Lesotho Maseru
Lesotho
loti
Liberia Monrovia
Liberian
dollar
Libya Tripoli Dinar
Madagasc
ar
Antananarivo
Malagasy
ariary
Mauritani
a
Nouakchott Ouguiya
Mauritian
rupee
Mayotte
Mamoudzou
Overseas department
of France
Euro
Morocco Rabat
Moroccan
dirham
Mozambiq
ue
Maputo
Mozambic
an metical
Namibia Windhoek
Namibian
dollar
Nigeria Abuja Naira
Runion
Saint-Denis
Overseas department
of France
Euro
Rwanda Kigali
Rwandan
franc
Saint
Helena,
Ascension
and Tristan
da Cunha
Jamestown (Saint
Helena)
n Island)
Edinburgh of the
Cunha)
Saint
Helena
pound
Pound
sterling
Sao Tome
and
Principe
So Tom Dobra
Seychelles Victoria
Seychelloi
s rupee
Sierra
Leone
Freetown Leone
Somalia Mogadishu
Somali
shilling
Somaliland Hargeisa
Somalilan
d shilling
South
Africa
/executive)
Cape
Town (legislative)
)
South
African
rand
South
Sudan
Juba
South
Sudanese
pound
Sudan Khartoum
Sudanese
pound
Swaziland
ve)
Lobamba (royal and
legislative)
Lilangeni
Tanzania
Dodoma (official)
government)
Tanzanian
shilling
Togo Lom CFA franc
Tunisia Tunis
Tunisian
dinar
Uganda Kampala
Ugandan
shilling
None
Western
Sahara
None Disputed
territory
between Morocco
and the Sahrawi
Moroccan
dirham
Algerian
dinar
GK Digest August
22
Lesotho Maseru
Lesotho
loti
Liberia Monrovia
Liberian
dollar
Libya Tripoli Dinar
Madagasc
ar
Antananarivo
Malagasy
ariary
Mauritani
a
Nouakchott Ouguiya
Mauritian
rupee
Mayotte
Mamoudzou
Overseas department
of France
Euro
Morocco Rabat
Moroccan
dirham
Mozambiq
ue
Maputo
Mozambic
an metical
Namibia Windhoek
Namibian
dollar
Nigeria Abuja Naira
Runion
Saint-Denis
Overseas department
of France
Euro
Rwanda Kigali
Rwandan
franc
Saint
Helena,
Ascension
and Tristan
da Cunha
Jamestown (Saint
Helena)
n Island)
Edinburgh of the
Cunha)
Saint
Helena
pound
Pound
sterling
Sao Tome
and
Principe
So Tom Dobra
Seychelles Victoria
Seychelloi
s rupee
Sierra
Leone
Freetown Leone
Somalia Mogadishu
Somali
shilling
Somaliland Hargeisa
Somalilan
d shilling
South
Africa
/executive)
Cape
Town (legislative)
)
South
African
rand
South
Sudan
Juba
South
Sudanese
pound
Sudan Khartoum
Sudanese
pound
Swaziland
ve)
Lobamba (royal and
legislative)
Lilangeni
Tanzania
Dodoma (official)
government)
Tanzanian
shilling
Togo Lom CFA franc
Tunisia Tunis
Tunisian
dinar
Uganda Kampala
Ugandan
shilling
None
Western
Sahara
None Disputed
territory
between Morocco
and the Sahrawi
Moroccan
dirham
Algerian
dinar
GK Digest August
23
Arab Democratic
Republic
Mauritani
an
ouguiya
Zambia Lusaka
Zambian
kwacha
Zimbabwe Harare various
Abkhazia
Sukhumi
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations as part
of Georgia.
Russian
ruble
Afghanistan Kabul Afghani
Akrotiri and
Dhekelia
Episkopi
Cantonment
Euro
Armenia Yerevan Dram
Azerbaijan
[Euro
pe]
Baku Manat
Bahrain Manama
Bahraini
dinar
Bangladesh Dhaka Taka
Bhutan Thimphu
Bhutanese
ngultrum
British Indian
Ocean
Territory
Diego Garcia
Overseas territory
of the United
Kingdom
US dollar
UK pound
Brunei
Bandar Seri
Begawan
Brunei
dollar
Cambodia Phnom Penh Riel
China Beijing
Renminbi
(yuan)
Christmas
Island
Flying Fish Cove
External territory
of Australia
Australian
dollar
Cocos
(Keeling)
Islands
West Island
External territory
of
AustraliaExternal
territory of
Australia
Australian
dollar
Cyprus
[Europe]
Nicosia Euro
East
Timor(Timor-
Leste)
Dili US Dollar
Georgia
[Europe]
Tbilisi Lari
Hong Kong
Special
administrative
region of China
Hong
Kong
dollar
India New Delhi
Indian
Rupee
Indonesia Jakarta Rupiah
Iran Tehran Rial
Iraq Baghdad Iraqi dinar
Israel Jerusalem
New
shekel
Japan Tokyo Yen
Jordan Amman
Jordanian
dinar
Kazakhstan Astana Tenge
Kurdistan Erbil Dinar
Kuwait Kuwait City
Kuwaiti
dinar
Kyrgyzstan Bishkek Som
Laos Vientiane Kip
GK Digest August
23
Arab Democratic
Republic
Mauritani
an
ouguiya
Zambia Lusaka
Zambian
kwacha
Abkhazia
Sukhumi
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations as part
of Georgia.
Russian
ruble
Akrotiri and
Dhekelia
Episkopi
Cantonment
Euro
Azerbaijan
[Euro
pe]
Baku Manat
Bahrain Manama
Bahraini
dinar
Bhutan Thimphu
Bhutanese
ngultrum
British Indian
Ocean
Territory
Diego Garcia
Overseas territory
of the United
Kingdom
US dollar
UK pound
Brunei
Bandar Seri
Begawan
Brunei
dollar
China Beijing
Renminbi
(yuan)
Christmas
Island
Flying Fish Cove
External territory
of Australia
Australian
dollar
Cocos
(Keeling)
Islands
West Island
External territory
of
AustraliaExternal
territory of
Australia
Australian
dollar
Cyprus
[Europe]
Nicosia Euro
East
Timor(Timor-
Leste)
Dili US Dollar
Georgia
[Europe]
Tbilisi Lari
Hong Kong
Special
administrative
region of China
Hong
Kong
dollar
India New Delhi
Indian
Rupee
Iran Tehran Rial
Israel Jerusalem
New
shekel
Japan Tokyo Yen
Jordan Amman
Jordanian
dinar
Kuwait Kuwait City
Kuwaiti
dinar
Laos Vientiane Kip
GK Digest August
23
Arab Democratic
Republic
Mauritani
an
ouguiya
Zambia Lusaka
Zambian
kwacha
Abkhazia
Sukhumi
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations as part
of Georgia.
Russian
ruble
Akrotiri and
Dhekelia
Episkopi
Cantonment
Euro
Azerbaijan
[Euro
pe]
Baku Manat
Bahrain Manama
Bahraini
dinar
Bhutan Thimphu
Bhutanese
ngultrum
British Indian
Ocean
Territory
Diego Garcia
Overseas territory
of the United
Kingdom
US dollar
UK pound
Brunei
Bandar Seri
Begawan
Brunei
dollar
China Beijing
Renminbi
(yuan)
Christmas
Island
Flying Fish Cove
External territory
of Australia
Australian
dollar
Cocos
(Keeling)
Islands
West Island
External territory
of
AustraliaExternal
territory of
Australia
Australian
dollar
Cyprus
[Europe]
Nicosia Euro
East
Timor(Timor-
Leste)
Dili US Dollar
Georgia
[Europe]
Tbilisi Lari
Hong Kong
Special
administrative
region of China
Hong
Kong
dollar
India New Delhi
Indian
Rupee
Iran Tehran Rial
Israel Jerusalem
New
shekel
Japan Tokyo Yen
Jordan Amman
Jordanian
dinar
Kuwait Kuwait City
Kuwaiti
dinar
Laos Vientiane Kip
GK Digest August
24
Lebanon Beirut
Lebanese
pound
Macau
Special
administrative
region of China
Macanese
pataca
Malaysia
Kuala
Lumpur(official)
Putrajaya (seat of
government)
Ringgit
Maldives Mal
Maldivian
rufiyaa
Mongolia Ulaanbaatar Tgrg
Myanmar
(Burma)
Naypyidaw Kyat
Nagorno-
Karabakh
Stepanakert
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations asde
jure part
ofAzerbaijan
Armenian
dram
Nepal Kathmandu
Nepalese
rupee
Northern
Cyprus
Nicosia
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nation asde
jure part ofCyprus
Turkish
lira
North Korea Pyongyang
North
Korean
won
Oman Muscat Rial
Pakistan Islamabad
Pakistani
Rupee
Palestine
East
Jerusalem(claimed
capital)
Ramallah (West
Bank seat of
government)
Gaza (Gaza
Stripseat of
government)
Territory occupied
byIsrael
State of
Palestine(flag
displayed)proclaim
ed on territory
Israeli
shekel
Philippines Manila
Philippine
Peso
Qatar Doha Riyal
Saudi Arabia Riyadh Saudi riyal
Singapore Singapore
Singapore
dollar
South Korea Seoul
South
Korean
won
South Ossetia
Tskhinvali
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations asde
jure part ofGeorgia
Russian
ruble
Sri Lanka
Sri
Jayawardenapura
Kotte
Sri Lankan
rupee
Syria Damascus
Syrian
pound
GK Digest August
24
Lebanon Beirut
Lebanese
pound
Macau
Special
administrative
region of China
Macanese
pataca
Malaysia
Kuala
Lumpur(official)
Putrajaya (seat of
government)
Ringgit
Maldives Mal
Maldivian
rufiyaa
Myanmar
(Burma)
Naypyidaw Kyat
Nagorno-
Karabakh
Stepanakert
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations asde
jure part
ofAzerbaijan
Armenian
dram
Nepal Kathmandu
Nepalese
rupee
Northern
Cyprus
Nicosia
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nation asde
jure part ofCyprus
Turkish
lira
North
Korean
won
Oman Muscat Rial
Pakistan Islamabad
Pakistani
Rupee
Palestine
East
Jerusalem(claimed
capital)
Ramallah (West
Bank seat of
government)
Gaza (Gaza
Stripseat of
government)
Territory occupied
byIsrael
State of
Palestine(flag
displayed)proclaim
ed on territory
Israeli
shekel
Philippines Manila
Philippine
Peso
Qatar Doha Riyal
Singapore Singapore
Singapore
dollar
South Korea Seoul
South
Korean
won
South Ossetia
Tskhinvali
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations asde
jure part ofGeorgia
Russian
ruble
Sri Lanka
Sri
Jayawardenapura
Kotte
Sri Lankan
rupee
Syria Damascus
Syrian
pound
GK Digest August
24
Lebanon Beirut
Lebanese
pound
Macau
Special
administrative
region of China
Macanese
pataca
Malaysia
Kuala
Lumpur(official)
Putrajaya (seat of
government)
Ringgit
Maldives Mal
Maldivian
rufiyaa
Myanmar
(Burma)
Naypyidaw Kyat
Nagorno-
Karabakh
Stepanakert
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations asde
jure part
ofAzerbaijan
Armenian
dram
Nepal Kathmandu
Nepalese
rupee
Northern
Cyprus
Nicosia
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nation asde
jure part ofCyprus
Turkish
lira
North
Korean
won
Oman Muscat Rial
Pakistan Islamabad
Pakistani
Rupee
Palestine
East
Jerusalem(claimed
capital)
Ramallah (West
Bank seat of
government)
Gaza (Gaza
Stripseat of
government)
Territory occupied
byIsrael
State of
Palestine(flag
displayed)proclaim
ed on territory
Israeli
shekel
Philippines Manila
Philippine
Peso
Qatar Doha Riyal
Singapore Singapore
Singapore
dollar
South Korea Seoul
South
Korean
won
South Ossetia
Tskhinvali
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations asde
jure part ofGeorgia
Russian
ruble
Sri Lanka
Sri
Jayawardenapura
Kotte
Sri Lankan
rupee
Syria Damascus
Syrian
pound
GK Digest August
25
Taiwan
Taipei
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations as part
of China.
New
Taiwan
dollar
Tajikistan Dushanbe Somoni
Thailand Bangkok Baht
Turkey
[Europe]
Ankara
Turkish
lira
Turkmenistan Ashgabat
Turkmen
new manat
United Arab
Emirates
Abu Dhabi
UAE
dirham
Uzbekistan Tashkent
Uzbekistan
som
(O'zbekisto
n so'mi)
Vietnam Hanoi ng
Yemen Sana'a
Yemeni
rial
land
Islands
Mariehamn
Autonomous region
ofFinland(recognized
by international treaty)
Euro
Albania Tirana Lek
Andorra Andorra la Vella Euro
Austria Vienna Euro
Belarus Minsk
Belarusian
ruble
Belgium Brussels Euro
Bosnia
and
Herzegovi
na
Sarajevo
Convertibl
e mark
Bulgaria Sofia Lev
Croatia Zagreb Kuna
Czech
Republic
Prague
Czech
koruna
Denmark Copenhagen
Danish
krone
[a]
Estonia Tallinn Euro
Faroe
Islands
Trshavn
Self-governing territory
of theDanish Realm
Faroese
krna
Finland Helsinki Euro
France Paris
Euro
CFP franc
Germany Berlin Euro
Gibraltar
Gibraltar
Overseas territory of
the United Kingdom
Gibraltar
pound
Greece Athens Euro
Guernsey
Saint Peter Port
British Crown
dependency
Pound
sterling
Hungary Budapest Forint
Iceland Reykjavk
Icelandic
krna
Ireland Dublin Euro
Isle of
Man
Douglas
British Crown
dependency
Pound
sterling
Italy Rome Euro
GK Digest August
25
Taiwan
Taipei
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations as part
of China.
New
Taiwan
dollar
Turkey
[Europe]
Ankara
Turkish
lira
Turkmen
new manat
United Arab
Emirates
Abu Dhabi
UAE
dirham
Uzbekistan Tashkent
Uzbekistan
som
(O'zbekisto
n so'mi)
Vietnam Hanoi ng
Yemen Sana'a
Yemeni
rial
land
Islands
Mariehamn
Autonomous region
Euro
Albania Tirana Lek
Austria Vienna Euro
Belarus Minsk
Belarusian
ruble
Bosnia
and
Herzegovi
na
Sarajevo
Convertibl
e mark
Bulgaria Sofia Lev
Croatia Zagreb Kuna
Czech
Republic
Prague
Czech
koruna
Denmark Copenhagen
Danish
krone
[a]
Faroe
Islands
Trshavn
of theDanish Realm
Faroese
krna
France Paris
Euro
CFP franc
Germany Berlin Euro
Gibraltar
Gibraltar
the United Kingdom
Gibraltar
pound
Greece Athens Euro
Guernsey
Saint Peter Port
British Crown
dependency
Pound
sterling
Iceland Reykjavk
Icelandic
krna
Ireland Dublin Euro
Isle of
Man
Douglas
British Crown
dependency
Pound
sterling
Italy Rome Euro
GK Digest August
25
Taiwan
Taipei
De factosovereign
state lacking
general
international
recognition
Recognized
byUnited
Nations as part
of China.
New
Taiwan
dollar
Turkey
[Europe]
Ankara
Turkish
lira
Turkmen
new manat
United Arab
Emirates
Abu Dhabi
UAE
dirham
Uzbekistan Tashkent
Uzbekistan
som
(O'zbekisto
n so'mi)
Vietnam Hanoi ng
Yemen Sana'a
Yemeni
rial
land
Islands
Mariehamn
Autonomous region
Euro
Albania Tirana Lek
Austria Vienna Euro
Belarus Minsk
Belarusian
ruble
Bosnia
and
Herzegovi
na
Sarajevo
Convertibl
e mark
Bulgaria Sofia Lev
Croatia Zagreb Kuna
Czech
Republic
Prague
Czech
koruna
Denmark Copenhagen
Danish
krone
[a]
Faroe
Islands
Trshavn
of theDanish Realm
Faroese
krna
France Paris
Euro
CFP franc
Germany Berlin Euro
Gibraltar
Gibraltar
the United Kingdom
Gibraltar
pound
Greece Athens Euro
Guernsey
Saint Peter Port
British Crown
dependency
Pound
sterling
Iceland Reykjavk
Icelandic
krna
Ireland Dublin Euro
Isle of
Man
Douglas
British Crown
dependency
Pound
sterling
Italy Rome Euro
GK Digest August
26
Jersey
Saint Helier
British Crown
dependency
Pound
sterling
Kosovo
Pristina
De factosovereign state
recognized by over 80
UN member states
A United
Nationsmandate inSerb
ianterritory was put in
place starting in 1999.
Euro
Latvia Riga Lats
Liechtens
tein
Vaduz
Swiss
franc
Lithuania Vilnius
Lithuanian
litas
Luxembo
urg
Luxembourg Euro
Macedoni
a
Skopje
Macedoni
an denar
Malta Valletta Euro
Moldova Chiinu
Moldovan
leu
Monaco Monaco Euro
Monteneg
ro
Podgorica Euro
Netherlan
ds
Amsterdam
Euro
US dollar
NA
guilder
Aruban
florin
Norway Oslo
Norwegia
n krone
Poland Warsaw Zoty
Portugal Lisbon Euro
Romania Bucharest
Romanian
leu
Russia Moscow
Russian
ruble
San
Marino
San Marino Euro
Serbia Belgrade
Serbian
dinar
Slovakia Bratislava Euro
Slovenia Ljubljana Euro
Spain Madrid Euro
Svalbard
Longyearbyen
Special territory
ofNorway(recognized
Norwegia
n krone
Sweden Stockholm
Swedish
krona
Switzerla
nd
Bern
Swiss
franc
Transnistr
ia
Tiraspol
lacking general
international
recognition
Recognized by United
Nations as de jure part
ofMoldova
Transnistri
an ruble
Ukraine Kiev
Ukrainian
hryvnia
United
Kingdom
London
Pound
sterling
Anguilla
The Valley
the United Kingdom
East
Caribbean
Dollar
Antigua
and
St. John's
East
Caribbean
GK Digest August
26
Jersey
Saint Helier
British Crown
dependency
Pound
sterling
Kosovo
Pristina
UN member states
A United
Euro
Latvia Riga Lats
Liechtens
tein
Vaduz
Swiss
franc
Lithuania Vilnius
Lithuanian
litas
Luxembo
urg
Luxembourg Euro
Macedoni
a
Skopje
Macedoni
an denar
Malta Valletta Euro
Moldova Chiinu
Moldovan
leu
Monaco Monaco Euro
Monteneg
ro
Podgorica Euro
Netherlan
ds
Amsterdam
Euro
US dollar
NA
guilder
Aruban
florin
Norway Oslo
Norwegia
n krone
Poland Warsaw Zoty
Romania Bucharest
Romanian
leu
Russia Moscow
Russian
ruble
San
Marino
San Marino Euro
Serbia Belgrade
Serbian
dinar
Spain Madrid Euro
Svalbard
Longyearbyen
Special territory
ofNorway(recognized
Norwegia
n krone
Sweden Stockholm
Swedish
krona
Switzerla
nd
Bern
Swiss
franc
Transnistr
ia
Tiraspol
lacking general
international
recognition
ofMoldova
Transnistri
an ruble
Ukraine Kiev
Ukrainian
hryvnia
United
Kingdom
London
Pound
sterling
Anguilla
The Valley
the United Kingdom
East
Caribbean
Dollar
Antigua
and
St. John's
East
Caribbean
GK Digest August
26
Jersey
Saint Helier
British Crown
dependency
Pound
sterling
Kosovo
Pristina
UN member states
A United
Euro
Latvia Riga Lats
Liechtens
tein
Vaduz
Swiss
franc
Lithuania Vilnius
Lithuanian
litas
Luxembo
urg
Luxembourg Euro
Macedoni
a
Skopje
Macedoni
an denar
Malta Valletta Euro
Moldova Chiinu
Moldovan
leu
Monaco Monaco Euro
Monteneg
ro
Podgorica Euro
Netherlan
ds
Amsterdam
Euro
US dollar
NA
guilder
Aruban
florin
Norway Oslo
Norwegia
n krone
Poland Warsaw Zoty
Romania Bucharest
Romanian
leu
Russia Moscow
Russian
ruble
San
Marino
San Marino Euro
Serbia Belgrade
Serbian
dinar
Spain Madrid Euro
Svalbard
Longyearbyen
Special territory
ofNorway(recognized
Norwegia
n krone
Sweden Stockholm
Swedish
krona
Switzerla
nd
Bern
Swiss
franc
Transnistr
ia
Tiraspol
lacking general
international
recognition
ofMoldova
Transnistri
an ruble
Ukraine Kiev
Ukrainian
hryvnia
United
Kingdom
London
Pound
sterling
Anguilla
The Valley
the United Kingdom
East
Caribbean
Dollar
Antigua
and
St. John's
East
Caribbean
GK Digest August
27
Barbuda Dollar
Aruba
Oranjestad
Constituent country
of the Kingdomof
the Netherlands
Aruban
florin
Bahamas Nassau
Bahamian
Dollar
Barbados Bridgetown
Barbadian
Dollar
Belize Belmopan
Belize
Dollar
Bermuda
Hamilton
the United Kingdom
Bermudian
Dollar
Bonaire
Kralendijk
Special municipality
of the Netherlands
United
States
Dollar
British
Virgin
Islands
Road Town
the United Kingdom
United
States
Dollar
Canada Ottawa
Canadian
Dollar
Cayman
Islands
George Town
the United Kingdom
Cayman
Islands
Dollar
Clipperton
Island
uninhabited
France
Euro
Costa Rica San Jos
Costa Rican
colon
Cuba Havana Cuban peso
Curaao
Willemstad
Constituent country
of the Kingdom of
the Netherlands
Netherlands
Antillean
guilder
Dominica Roseau
East
Caribbean
Dollar
Dominican
Republic
Santo Domingo
Dominican
peso
El Salvador San Salvador
United
States
Dollar
Greenland
Nuuk
Self-governing
territory of
the Danish Realm
Danish
Krone
Grenada St. George's
East
Caribbean
Dollar
Guadeloupe
Basse-Terre
Overseas department
of France
Euro
Guatemala Guatemala City
Guatemalan
quetzal
Haiti Port-au-Prince
Haitian
gourde
Honduras Tegucigalpa
Honduran
lempira
Jamaica Kingston
Jamaican
Dollar
Martinique
Fort-de-France
Overseas department
of France
Euro
Mexico Mexico City
Mexican
peso
Montserrat
Plymouth(official)
Brades (seat of
government)
the United Kingdom
East
Caribbean
Dollar
Navassa
Island
-
Insular area of the
United States of
America
United
States
Dollar
Nicaragua Managua
Nicaraguan
cordoba
Panama Panama City
United
States
Dollar
Panamanian
GK Digest August
27
Barbuda Dollar
Aruba
Oranjestad
Constituent country
of the Kingdomof
the Netherlands
Aruban
florin
Bahamas Nassau
Bahamian
Dollar
Barbados Bridgetown
Barbadian
Dollar
Belize Belmopan
Belize
Dollar
Bermuda
Hamilton
the United Kingdom
Bermudian
Dollar
Bonaire
Kralendijk
of the Netherlands
United
States
Dollar
British
Virgin
Islands
Road Town
the United Kingdom
United
States
Dollar
Canada Ottawa
Canadian
Dollar
Cayman
Islands
George Town
the United Kingdom
Cayman
Islands
Dollar
Clipperton
Island
uninhabited
France
Euro
Costa Rica San Jos
Costa Rican
colon
Curaao
Willemstad
Constituent country
of the Kingdom of
the Netherlands
Netherlands
Antillean
guilder
Dominica Roseau
East
Caribbean
Dollar
Dominican
Republic
Santo Domingo
Dominican
peso
United
States
Dollar
Greenland
Nuuk
Self-governing
territory of
the Danish Realm
Danish
Krone
East
Caribbean
Dollar
Guadeloupe
Basse-Terre
Overseas department
of France
Euro
Guatemalan
quetzal
Haitian
gourde
Honduran
lempira
Jamaica Kingston
Jamaican
Dollar
Martinique
Fort-de-France
Overseas department
of France
Euro
Mexico Mexico City
Mexican
peso
Montserrat
Plymouth(official)
Brades (seat of
government)
the United Kingdom
East
Caribbean
Dollar
Navassa
Island
-
Insular area of the
United States of
America
United
States
Dollar
Nicaragua Managua
Nicaraguan
cordoba
Panama Panama City
United
States
Dollar
Panamanian
GK Digest August
27
Barbuda Dollar
Aruba
Oranjestad
Constituent country
of the Kingdomof
the Netherlands
Aruban
florin
Bahamas Nassau
Bahamian
Dollar
Barbados Bridgetown
Barbadian
Dollar
Belize Belmopan
Belize
Dollar
Bermuda
Hamilton
the United Kingdom
Bermudian
Dollar
Bonaire
Kralendijk
of the Netherlands
United
States
Dollar
British
Virgin
Islands
Road Town
the United Kingdom
United
States
Dollar
Canada Ottawa
Canadian
Dollar
Cayman
Islands
George Town
the United Kingdom
Cayman
Islands
Dollar
Clipperton
Island
uninhabited
France
Euro
Costa Rica San Jos
Costa Rican
colon
Curaao
Willemstad
Constituent country
of the Kingdom of
the Netherlands
Netherlands
Antillean
guilder
Dominica Roseau
East
Caribbean
Dollar
Dominican
Republic
Santo Domingo
Dominican
peso
United
States
Dollar
Greenland
Nuuk
Self-governing
territory of
the Danish Realm
Danish
Krone
East
Caribbean
Dollar
Guadeloupe
Basse-Terre
Overseas department
of France
Euro
Guatemalan
quetzal
Haitian
gourde
Honduran
lempira
Jamaica Kingston
Jamaican
Dollar
Martinique
Fort-de-France
Overseas department
of France
Euro
Mexico Mexico City
Mexican
peso
Montserrat
Plymouth(official)
Brades (seat of
government)
the United Kingdom
East
Caribbean
Dollar
Navassa
Island
-
Insular area of the
United States of
America
United
States
Dollar
Nicaragua Managua
Nicaraguan
cordoba
Panama Panama City
United
States
Dollar
Panamanian
GK Digest August
28
balboa
Puerto Rico
San Juan
Insular area of the
United States of
America
United
States
Dollar
Saba
The Bottom
of the Netherlands
United
States
Dollar
Saint
Barthlemy
Gustavia
Overseas
collectivity ofFrance
Euro
Saint Kitts
and Nevis
Basseterre
East
Caribbean
Dollar
Saint Lucia Castries
East
Caribbean
Dollar
Saint
Martin
Marigot
Overseas
Euro
Saint Pierre
and
Miquelon
Saint-Pierre
Overseas
Euro
Saint
Vincent
and the
Grenadines
Kingstown
East
Caribbean
Dollar
Sint
Eustatius
Oranjestad
of the Netherlands
United
States
Dollar
Sint
Maarten
Philipsburg
Constituent country
of the Kingdom of
the Netherlands
Netherlands
Antillean
guilder
Trinidad
and
Tobago
Port of Spain
Trinidad
and Tobago
Dollar
Turks and
Caicos
Islands
Cockburn Town
the United Kingdom
United
States
Dollar
United Washington, D.C. United
States States
Dollar
United
States
Virgin
Islands
Charlotte Amalie
Insular area of the
United States of
America
United
States
Dollar
Argentina Buenos Aires Peso
Bolivia
Sucre(official)
La Paz (seat of
government)
Boliviano
Brazil Braslia Real
Chile Santiago Peso
Colombia Bogot Peso
Ecuador Quito
United States
dollar
Falkland
Islands
Stanley
Overseas territory
of the United
Kingdom
Falkland
Islands pound
French
Guiana
Cayenne
Overseas
department of
France
Euro
Guyana Georgetown
Guyanese
dollar
Paraguay Asuncin Guaran
Peru Lima Nuevo sol
Suriname Paramaribo
Surinamese
dollar
Uruguay Montevideo
Uruguayan
peso
Venezuela Caracas Bolvar fuerte
GK Digest August
28
balboa
Puerto Rico
San Juan
Insular area of the
United States of
America
United
States
Dollar
Saba
The Bottom
of the Netherlands
United
States
Dollar
Saint
Barthlemy
Gustavia
Overseas
Euro
Saint Kitts
and Nevis
Basseterre
East
Caribbean
Dollar
East
Caribbean
Dollar
Saint
Martin
Marigot
Overseas
Euro
Saint Pierre
and
Miquelon
Saint-Pierre
Overseas
Euro
Saint
Vincent
and the
Grenadines
Kingstown
East
Caribbean
Dollar
Sint
Eustatius
Oranjestad
of the Netherlands
United
States
Dollar
Sint
Maarten
Philipsburg
Constituent country
of the Kingdom of
the Netherlands
Netherlands
Antillean
guilder
Trinidad
and
Tobago
Port of Spain
Trinidad
and Tobago
Dollar
Turks and
Caicos
Islands
Cockburn Town
the United Kingdom
United
States
Dollar
States States
Dollar
United
States
Virgin
Islands
Charlotte Amalie
Insular area of the
United States of
America
United
States
Dollar
Bolivia
Sucre(official)
La Paz (seat of
government)
Boliviano
Brazil Braslia Real
Chile Santiago Peso
Colombia Bogot Peso
Ecuador Quito
United States
dollar
Falkland
Islands
Stanley
Overseas territory
of the United
Kingdom
Falkland
Islands pound
French
Guiana
Cayenne
Overseas
department of
France
Euro
Guyana Georgetown
Guyanese
dollar
Peru Lima Nuevo sol
Suriname Paramaribo
Surinamese
dollar
Uruguay Montevideo
Uruguayan
peso
GK Digest August
28
balboa
Puerto Rico
San Juan
Insular area of the
United States of
America
United
States
Dollar
Saba
The Bottom
of the Netherlands
United
States
Dollar
Saint
Barthlemy
Gustavia
Overseas
Euro
Saint Kitts
and Nevis
Basseterre
East
Caribbean
Dollar
East
Caribbean
Dollar
Saint
Martin
Marigot
Overseas
Euro
Saint Pierre
and
Miquelon
Saint-Pierre
Overseas
Euro
Saint
Vincent
and the
Grenadines
Kingstown
East
Caribbean
Dollar
Sint
Eustatius
Oranjestad
of the Netherlands
United
States
Dollar
Sint
Maarten
Philipsburg
Constituent country
of the Kingdom of
the Netherlands
Netherlands
Antillean
guilder
Trinidad
and
Tobago
Port of Spain
Trinidad
and Tobago
Dollar
Turks and
Caicos
Islands
Cockburn Town
the United Kingdom
United
States
Dollar
States States
Dollar
United
States
Virgin
Islands
Charlotte Amalie
Insular area of the
United States of
America
United
States
Dollar
Bolivia
Sucre(official)
La Paz (seat of
government)
Boliviano
Brazil Braslia Real
Chile Santiago Peso
Colombia Bogot Peso
Ecuador Quito
United States
dollar
Falkland
Islands
Stanley
Overseas territory
of the United
Kingdom
Falkland
Islands pound
French
Guiana
Cayenne
Overseas
department of
France
Euro
Guyana Georgetown
Guyanese
dollar
Peru Lima Nuevo sol
Suriname Paramaribo
Surinamese
dollar
Uruguay Montevideo
Uruguayan
peso
GK Digest August
29
American
Samoa
Pago Pago
Insular area of the
United States of
America
United States
dollar
Ashmore
and Cartier
Islands
External
territory of
Australia

Australia Canberra
Australian
dollar
Baker
Island
Insular area
of the United
States of
America
Cook
Islands
Avarua
Self-governing
parliamentary
democracy in free
association with
New Zealand
New Zealand
dollar
Cook Islands
dollar
Coral Sea
Islands
External
territory of
Australia
Fiji Suva
French
Polynesia
Papeete
Overseas
collectivity ofFranc
e
CFP Franc
Guam Hagta
Insular area
of the United
States of
America
Howland
Island
Insular area
of the United
States of
America
Jarvis
Island
Insular area
of the United
States of
America
Johnston
Atoll
Insular area
of the United
States of
America
Kingman
Reef
Insular area
of the United
States of
America
Kiribati South Tarawa
Marshall
Islands
Majuro
Micronesi
a
Palikir
Midway
Atoll
Insular area
of the United
States of
America
Nauru
Yaren (seat of
government)
New
Caledonia
Nouma
Sui generis
collectivity(special
collectivity)
ofFrance
CFP Franc
New
Zealand
Wellington
New Zealand
Dollar
Niue Alofi
Self-
governing
parliamentar
y democracy
in free
association
with New
Zealand
Norfolk
Island
Kingston
Self-
governing
territory of
Australia
Northern
Mariana
Islands
Saipan
Insular area
of the United
States of
GK Digest August
29
American
Samoa
Pago Pago
Insular area of the
United States of
America
United States
dollar
Ashmore
and Cartier
Islands
External
territory of
Australia

Australia Canberra
Australian
dollar
Baker
Island
Insular area
of the United
States of
America
Cook
Islands
Avarua
Self-governing
parliamentary
democracy in free
association with
New Zealand
New Zealand
dollar
Cook Islands
dollar
Coral Sea
Islands
External
territory of
Australia
Fiji Suva
French
Polynesia
Papeete
Overseas
e
CFP Franc
Guam Hagta
Insular area
of the United
States of
America
Howland
Island
Insular area
of the United
States of
America
Jarvis
Island
Insular area
of the United
States of
America
Johnston
Atoll
Insular area
of the United
States of
America
Kingman
Reef
Insular area
of the United
States of
America
Marshall
Islands
Majuro
Micronesi
a
Palikir
Midway
Atoll
Insular area
of the United
States of
America
Nauru
Yaren (seat of
government)
New
Caledonia
Nouma
Sui generis
collectivity)
ofFrance
CFP Franc
New
Zealand
Wellington
New Zealand
Dollar
Niue Alofi
Self-
governing
parliamentar
y democracy
in free
association
with New
Zealand
Norfolk
Island
Kingston
Self-
governing
territory of
Australia
Northern
Mariana
Islands
Saipan
Insular area
of the United
States of
GK Digest August
29
American
Samoa
Pago Pago
Insular area of the
United States of
America
United States
dollar
Ashmore
and Cartier
Islands
External
territory of
Australia

Australia Canberra
Australian
dollar
Baker
Island
Insular area
of the United
States of
America
Cook
Islands
Avarua
Self-governing
parliamentary
democracy in free
association with
New Zealand
New Zealand
dollar
Cook Islands
dollar
Coral Sea
Islands
External
territory of
Australia
Fiji Suva
French
Polynesia
Papeete
Overseas
e
CFP Franc
Guam Hagta
Insular area
of the United
States of
America
Howland
Island
Insular area
of the United
States of
America
Jarvis
Island
Insular area
of the United
States of
America
Johnston
Atoll
Insular area
of the United
States of
America
Kingman
Reef
Insular area
of the United
States of
America
Marshall
Islands
Majuro
Micronesi
a
Palikir
Midway
Atoll
Insular area
of the United
States of
America
Nauru
Yaren (seat of
government)
New
Caledonia
Nouma
Sui generis
collectivity)
ofFrance
CFP Franc
New
Zealand
Wellington
New Zealand
Dollar
Niue Alofi
Self-
governing
parliamentar
y democracy
in free
association
with New
Zealand
Norfolk
Island
Kingston
Self-
governing
territory of
Australia
Northern
Mariana
Islands
Saipan
Insular area
of the United
States of
GK Digest August
30
America
Palau Melekeok
Palmyra
Atoll
Insular area
of the United
States of
America
Papua
New
Guinea
Port Moresby
Pitcairn
Islands
Adamstown
Overseas
territory of
the United
Kingdom
Samoa Apia
Solomon
Islands
Honiara
Tokelau
Nukunonu(main
settlement, although
each atoll has its
own administrative
centre)
Dependent
territory of
New Zealand
Tonga Nukualofa
Tuvalu Funafuti
Vanuatu Port Vila Vanuatu vatu
Wake
Island
Insular area of the

United States of
America
United States
dollar
Wallis and
Futuna
Mata-Utu
Overseas
e
CFP Franc
Bouvet
Island
Depende
nt

territory
of
Norway
French
Southern
Territorie
s
Alfred Faure(Crozet
Islands)
Port-aux-
Franais(Kerguelen
Islands)
Martin-de-
Vivis (Saint
Paul andAmsterdamIsl
ands)
France
Euro
Heard
Island
and
McDonal
d Islands
External
territory
of
Australia

South
Georgia
and the
South
Sandwich
Islands
King Edward Point
the United Kingdom
Pound
sterling
Prime Minister and Council of Ministers - India
S.no Portfolio Name
Cabinet Ministers of India 2014
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
GK Digest August
30
America
Palau Melekeok
Palmyra
Atoll
Insular area
of the United
States of
America
Papua
New
Guinea
Port Moresby
Pitcairn
Islands
Adamstown
Overseas
territory of
the United
Kingdom
Samoa Apia
Solomon
Islands
Honiara
Tokelau
Nukunonu(main
each atoll has its
own administrative
centre)
Dependent
territory of
New Zealand
Tonga Nukualofa
Tuvalu Funafuti
Wake
Island
Insular area of the

United States of
America
United States
dollar
Wallis and
Futuna
Mata-Utu
Overseas
e
CFP Franc
Bouvet
Island
Depende
nt

territory
of
Norway
French
Southern
Territorie
s
Alfred Faure(Crozet
Islands)
Port-aux-
Franais(Kerguelen
Islands)
Martin-de-
Vivis (Saint
ands)
France
Euro
Heard
Island
and
McDonal
d Islands
External
territory
of
Australia

South
Georgia
and the
South
Sandwich
Islands
King Edward Point
the United Kingdom
Pound
sterling
S.no Portfolio Name
1
any Minister
Narendra Modi
Pensions
Department of Space
GK Digest August
30
America
Palau Melekeok
Palmyra
Atoll
Insular area
of the United
States of
America
Papua
New
Guinea
Port Moresby
Pitcairn
Islands
Adamstown
Overseas
territory of
the United
Kingdom
Samoa Apia
Solomon
Islands
Honiara
Tokelau
Nukunonu(main
each atoll has its
own administrative
centre)
Dependent
territory of
New Zealand
Tonga Nukualofa
Tuvalu Funafuti
Wake
Island
Insular area of the

United States of
America
United States
dollar
Wallis and
Futuna
Mata-Utu
Overseas
e
CFP Franc
Bouvet
Island
Depende
nt

territory
of
Norway
French
Southern
Territorie
s
Alfred Faure(Crozet
Islands)
Port-aux-
Franais(Kerguelen
Islands)
Martin-de-
Vivis (Saint
ands)
France
Euro
Heard
Island
and
McDonal
d Islands
External
territory
of
Australia

South
Georgia
and the
South
Sandwich
Islands
King Edward Point
the United Kingdom
Pound
sterling
S.no Portfolio Name
1
any Minister
Narendra Modi
Pensions
Department of Space
GK Digest August
31
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
GK Digest August
32
Bhagat
Financial Terms A-Z
A
AGM- Annual General Meeting, it is the year meeting
held by every registered company. Agenda is to explain
the performance during the year, presentation of annual
financial statements, voting on important financial
decisions. Any shareholder can participate in AGM.
Asset turnover ratio - This ratio can be explained as Net
assets / Total turnover or sales. This ratio measures the
operational efficiency of business assets. In simple terms
this measures how many time total assets turned in a year
and how efficiently the assets are used in a business.
Acid test ratio - This is one of the important ratio to
measure business liquidity. Business liquidity is defined
as ability of a business to pay it;s short term debts. Acid
test ratio = Highly liquid assets / current liabilities
American Depository Receipts - This is the way non-US
companies raises money from US investors. These shares
can be traded in US stock exchanges and denominated in
US $.
Amortization - It is an accounting technique by which
intangible assets are written off over a period of time. For
example provision for doubtful debts or preliminary
expenses are written off over a certain period of time.
Annuity - It is an investment scheme under which
investor makes recurring investments and lump sum
payment is made to him at the end. Common example is
Recurring deposit account at a post office where people
makes small monthly deposits and gets their money back
at the end of period. Benefit of Annuity is investor gets
compound interest over a period of time.
Asset Management Company - AMC is a company that
pools and invests investor money in pre-determined
goals. Pool of funds is known as Mutual fund.
Audit - Financial statement and physical stock is checked
annually by professional auditor (Chartered Accountant
affiliated by ICAI in India)
B
Book-keeping - Recording of financial transactions in
books of account.
Bear market - A market situation in which most of the
investors thinks that markets will fall.
Balance of Payment - BOP is the difference between a
country's exports and imports.
C
Capital - Wealth invested by an entrepreneur on his
business. Capital = Assets - Liabilities
Capital gain - Gain by selling a capital asset in which a
person is not doing business. Income by selling a house
by a bank employee is a capital gain whereas when a
builder do the same thing it is Income from business and
professional.
Current asset - An asset that can be converted into cash
with 12 months. For example - debtors, stock etc.
Credit rating - A ranking applied to an individual,
business or a nation based upon its credit history and
current financial position. There are various credit rating
companies in India such as Crisil.
CPI - Consumer price index is measure to find price of a
bundle of commodities. CPI is used to measure the
inflation in a country.
D
Debt consolidation - Debt consolidation is a process by
which various loans and converted into a single loan to
reduce interest rate and instalment value.
GK Digest August
33
Depreciation - Depreciation is reduction in value of an
asset due wear and tear over a period of time. For
example a company purchased a machine in 2005 and
planned to charge 20% depreciation. In 2010 the machine
will be written off from the books of account.
Dividend - Dividend is the amount per share paid by a
company to its shareholders. Dividend value is based
upon company's profitability.
Dividend payout ratio - It is the ratio of dividend paid
per share and EPS ( Earning per share )
Double entry bookkeeping - It is a method of
bookkeeping in which every transaction is recorded two
accounts. Once in debit side and once in credit side.
E
Earning per share - Earnings made by a company in a
financial year divided by number of issued shares.
Equity - Value of a business. Equity = Total assets -
Total liabilities
Ex-divided - Ex-dividend means without dividend. When
a seller makes a ex-dividend sales contract then he is
entitled to get dividend or interest payment.
EBIT - Earning before interest and taxes
EBT - Earning before tax
EAT - Earning after tax
F
Face value - The amount mentioned on face of a bond
certificate.
Fixed assets - Assets which can be seen such as
machinery
Financial year - A period of 12 months from 1st April to
31st march
Fundamental analysis - Analysis of a company based
upon financial and operational performance.
Fiscal policy - Income and expenses management by
Government.
Flat rate - Rate of interest in a contract which remains
same irrespective of market rate in future.
Floating rate - Rate of interest which changes with
change in market rate.
Fund manager - A person who manages a mutual fund
and tries to maximize fund's returns while sticking to
fund's objectives.
G
Gearing - It is the ratio of debt to equity
Goodwill - Intangible assets that defines firm's reputation
in monetary terms.
Gross profit = Net sales - Net purchases - Direct
expenses
GDP - Gross domestic product is the aggregate value of
goods and services produced by every person of a nation.
GST - Goods and services tax is the same tax system for
everything. It is proposed that GST will replace the multi
tax system in India by 2015.
H
Hedging - Hedging is a technique used by investors to
protect themselves from adverse price movements.
Derivatives are used for hedging in which hedgers takes
the risk of price fluctuations.
Hedge funds - Mutual funds which invests in derivatives
I
Index - It is statistical measure used to find price
variations in market. In stock markets most dominating
GK Digest August
34
stocks are grouped to make an index. For example -
Sensex.
Income statement
A statement that represents both income and expenditure
of a business during a specific period of time.
IPO - Initial public offer is issue of stocks for the first
time in the market.
Intangible assets Assets which cant be seen but have
value for business. For example Goodwill.
Indemnity A legal contract under which one party
promises to pay another for any loses incurred to them by
their acts.
Interest rate risk Risk that value of financial assets
will deteriorate because of fall in interest rate. For
example value of bonds decreases with decrease in
interest rate.
Irredeemable stocks Stocks which cant be exchanged
for cash in future.
Indirect Costs - Indirect cost is a cost incurred on
product that is not directly related to its production.
J
Junk fund A fund which invests investors money in
junk investments means high risk investments which high
returns.
K
KYC Know Your Customer policy is mandatory in
India and every investor irrespective of his investment
volume needs to furnish his identity and residence details.
L
Libor London
Liquidity Ability of a business to pay off its short term
debts with current assets. Currently NISL is facing
liquidity crunch.
Liquid assets Assets which can be readily converted
into cash
Liquid ratio Liquid assets/Current liabilities
Limited liability Liability of an individual or a
business up to the value of investment made in a business
M
Monopoly - A situation in market where there are many
buyers but a single seller exist.
Money market - Market dealing in short term lending
and borrowing of funds. Also know as Cash market.
Monetary policy - Set of actions by Central bank of a
country ( RBI in case of India) to control the supply of
money. These actions included increase in interest rate,
open market purchases, changing commercial bank's
reserve funds ratio (SLR) etc.
Marginal cost - Additional cost to produce an extra unit
of product.
Margin - Amount of profit added to cost price of each
unit of a product
Margin call - Margin call term is used in two
situations. First - Whenever a lender gives a secured loan
and loan value is a fixed percentage of loan then
whenever the value of security decrease below the
decided ratio then lender given a margin call to borrower
to bring loan to security ratio to decided
level. Secondly in stock exchanges traders trades in
various securities by paying 20-30% of the value of
securities. Whenever the value of security goes below
that margin, broker gives margin call to trader to bring
the margin to desired level.
Mark-to-market - As explained above while defining
margin call, value of assets in case of securities is
measured on daily basis. If the trader's asset value
increased, increased value is transferred to his account. In
case the value of assets decreased margin call is made to
adjust the margin.
GK Digest August
35
N
NPV - Net Present Value is aggregate of future cash
flows from a project minus total costs. NPV is a capital
budgeting technique used to check feasibility of projects.
Net profit - Net profit is Gross profit minus indirect cost.
See indirect costs
Net worth - Net assets - Total liabilities
Nationalization - When Government takes control of a
business, this is known as nationalization.
NAV - Net Assets Value is mutual fund's per unit
exchange traded price
O
Opportunity cost - Additional cost in production of an
addition unit of product.
Options - Option is right to buy at pre-determined price
at a future date. Option is used for hedging. Options
safeguards option-holder from future price fluctuations.
Overdraft - Facility given by a bank which allows its
customers to withdraw more money than account balance.
Overdraft generally have high rate of interest as borrower
can demand and return the loan anytime.
P
Preference shares - A type of shares having no voting
rights and have higher rate of dividend.
Ponzi schemes - It is a kind of fraud scheme which use
Network marketing as a tool. Investors are paid out
of new investments. These schemes end when new
investments stop coming and large number of investors
wants to withdraw their money. Latest Ponzi scheme in
India was "Speak Asia".
PLR - Prime lending rate is the minimum rate of interest
that is to be charged by a bank. Each bank decides its
own PLR.
R
ROI - Rate on investment is return divided by value of
investment
Redemption - Maturity date of a security or a bond
Recession - An economic situation of negative growth
Repo rate - Rate at which Central bank (RBI in case of
India) lends money to commercial banks
Reverse repo rate - Rate at which commercial banks
lends to central bank
Right issue - Issue of shares in which existing
shareholders gets right to buy shares in proportion of their
existing holding
Risk free return - Rate of return, normally it is 90 days
bills issued by a national government
S
Stagnation - An economic situation of slow economic
growth, high rate unemployment and inflation.
Shorting - Selling securities which an investors don't
have in expectation of price drop
U
Underwriters - In case of an IPO, new companies makes
contracts with underwriter where underwriters promises
to purchase unsubscribe shares.
W
Working capital - Money required by a business to run
its day to day business. Working capital = Current assets /
Current liabilities
Warrants - A document which gives right to holder to
get shares at stated price
GK Digest August
36
Y
Yield - Yield is the return on investment which may in
form dividend or interest

August CA

Diunggah oleh

Informasi Dokumen

Hak Cipta

Format Tersedia

Bagikan dokumen Ini

Bagikan atau Tanam Dokumen

Opsi Berbagi

Apakah menurut Anda dokumen ini bermanfaat?

Apakah konten ini tidak pantas?

Hak Cipta:

Format Tersedia

August CA

Diunggah oleh

Hak Cipta:

Format Tersedia

GK Digest August

Download from Bankexamstoday.com

Insular area of the

Insular area of the

Insular area of the

Anda mungkin juga menyukai