Bankersadda CA

GK POWER CAPSULE - MAY 2015 HINDU REVIEWS
This capsule has been prepared by the Career Power Institute Delhi (Formerly known as Bank Power). This
document contains all the important news and events of the Month May 2015, which can be helpful in the upcoming
exams and interviews.
1.
AIADMK General Secretary J Jayalalithaa was swornin as the Chief Minister of Tamil Nadu for fifth time.
She is the 18th Chief Minister of Tamil Nadu and
succeeded O Panneerselvam who resigned on 21
May 2015 following her acquittal on 11 May 2015 in
the disproportionate assets case by the Karnataka
High Court. The court overruled the Bangalores
special court judgment which found Jayalalithaa
guilty.
2.
David Camerons Conservative Party on 8 May 2015

won the UK General election 2015 by securing 331
seats in a Parliament of 650. With this win, the
incumbent Prime Minister David Cameroon will
continue to be in the office.
The Appointments Committee of the Cabinet gave
its nod for appointing G Mohan Kumar as the
Secretary of the Ministry of Defence.
Akhil Amar, an Indian-American professor from Yale
University, was appointed as a member of the
prestigious National Council on Humanities of
United States.
Peter M Christian was elected as the eighth
President of the Federated States of Micronesia.
SS Ahluwalia was appointed as the chairman of
Joint Parliamentary Committee on the Right to Fair
Compensation and Transparency in Land Acquisition
Rehabilitation
and
Resettlement
(LARR)
(Amendment) Bill, 2015. The committee has 20
members from the Lok Sabha and 10 members from
the Rajya Sabha.
3.
4.
5.
6.
President Pranab Mukherjee authorized Justice

(retd) Cyriac Joseph to act as the interim
chairperson of the National Human Rights
Commission (NHRC). He will replace K.G.
Balakrishnan.
8. Eminent banker Kundapur Vaman Kamath was
appointed as the first President of the New
Development Bank (NDB) of BRICS nations. He will
serve a five year term after the bank becomes
operational within one year.
9. The Union Ministry of Finance appointed a
committee under the chairmanship of Justice Ajit
Prakash Shah to look into the issue of Minimum
Alternate Tax (MAT) on Foreign Institutional
Investors (FIIs). As per the Finance Act, 2015 the 20
percent MAT on Capital Gains made by FIIs is
waived off from the financial year 2015-16.
However, the issue of imposing MAT for past years
(till 2014-15) has become controversial. At present,
Justice A P Shah is heading the 20th Law
Commission of India.
10. Achal Kumar Jyoti was appointed as the Election
Commissioner of India. At present, Nasim Zaidi, the
Chief Election Commissioner (CEC), is the other
member of election commission.
7.
11. Senior IPS officer Surender Singh took over as

Director General of central paramilitary force
Central Industrial Security Force.
12. Actor and producer Mukesh Khanna was appointed

as the Chairperson of the Children's Film Society of
India.
13. Saudi King Salman bin Abdulaziz appointed his
nephew Mohammed bin Nayef as the new Crown
Prince and as a Deputy Prime Minister.
14. Hungarian writer Laszlo Krasznahorkai won the
prestigious Man Booker International Prize for
2015.
15. Veteran Bollywood actor Shashi Kapoor was
honoured with the prestigious Dada Saheb Phalke
award.
16. The French satirical magazine Charlie Hebdo was

presented with the 2015 Freedom of Expression
Courage Award of the PEN American Centre at the
American Museum of Natural History.
17. The United Nations Educational, Scientific and
Cultural Organization (UNESCO) presented the 2015
UNESCO/Guillermo Cano World Press Freedom
Prize to Syrian journalist and rights activist Mazen
Darwish.
18. Ace tennis player Rafael Nadal received the Golden
Medal for Merit in Work. Golden Medal is one of
the top civilian honours of Spain which aims to
highlight an exemplary performance in any job or
profession.
19. Prannoy Roy, the Executive Co-chairman of NDTV,
was conferred with the Redink Lifetime
Achievement Award 2015 at a function in Mumbai.
20. Two Indians namely Dr Ananda Kumar and Dr
Pramod Patil won the prestigious Whitley Awards
(also known as Green Oscar) for their contribution
to wildlife conservation.
21. Srinagar-born novelist Siddhartha Gigoo won the
2015 Commonwealth Short Story Prize for Asia
region for his work Umbrella Man.
22. Margarita, with a Straw directed by Shonali Bose of
India won the Audience Award for Best Feature Film
23.
24.
25.
26.
27.
28.
29.
at the Washington DC International Film festival.

Kalki Koechlin-starrer film is a disability drama.
Prime Minister Narendra Modi conferred the 50th
Jnanpith Award on eminent Marathi litterateur
Bhalchandra Nemade.
Former Union Finance Minister and veteran BJP
leader Yashwant Sinha was conferred with
the Officier de la Lgion dHonneur(Officer of the
Legion of Honour- highest French civilian
distinction) in recognition of his valuable
contribution to thought on international issues.
President of the United States (US) Barack Obama
entered Guinness Book of World Record for
reaching a million followers in a span of mere 5
hours after going live. Barack Obama debuted on
Social Media Platform Twitter with @POTUS
account.
V Shanmuganathan was sworn in as 15th Governor
of Meghalaya at the Raj Bhawan in Shillong.
Indian-Origin Harbhajan Kaur Dheer became the
first Asian woman to be elected as mayor in the
United Kingdom (UK).
Indian-origin Priti Patel was appointed as Minister
of State for Employment in British Government.
Bollywood actor Salman Khan was in news as he
was sentenced to five years imprisonment by
Mumbai Sessions Court. He was sentenced for his
28 September 2002 hit and run case in which one
pavement dweller was killed and four others were
injured.
30. Chief Minister of Tamil Nadu O Panneerselvam

resigned.
31. Veteran jazz musician Bob Belden passed away.

32. Eminent economist and academics Mrinal Datta
Chaudhuri passed away.
33. Popular Indian stage, film and television actress
Sudha Shivpuri died.
34. Aruna Shanbaug, the nurse of Mumbais King
Edward Memorial (KEM) Hospital, died on 18 May
2015. She died after battling with coma for past 42years following a sexual assault by a hospital ward
boy.
35. Veteran Hollywood actress Elizabeth Wilson passed
away.
36. Former Union Minister and veteran Congress leader
Baleshwar Ram.
42.
43.
37. Authorities of the Gangotri National Park in
Uttarakhand on 21 May 2015 opened the Nelong
Valley for tourists for the first time since its closure
in 1962.
38. Islamic State for Iraq and Syria (ISIS) militants on 21
May 2015 seized full control of ancient city of
Palmyra in Syria.
39. Prime Minister Narendra Modi on 19 May 2015
returned to India after completing his tour to three
nations namely China, Mongolia and South Korea.
40. Highlights of the visit to China - Prime Minister
raised the boundary question with China and asked
for an early settlement of the issue and decided to
maintain peace and tranquility at the border point
for maturity of relations. India-China signed 24
inter-governmental agreements. 21 business
agreements worth 22 billion US dollars signed
between Indian and Chinese companies. PM Modi
inaugurated ICICIs first branch in China at Shanghai.
41. Highlights of the visit to Mongolia - Modi is the first
ever Prime Minister of India to visit the country.
India announced to provide one billion US dollar
44.
45.
Line of Credit to Mongolia. India-Mongolia signed

13 agreements including enhancement in
cooperation in border defence, air services, cyber
security, renewable energy and others. Modi
addressed to the Mongolian Parliament. Modi
gifted a rare history manuscript to Mongolian
President.
Highlights of the visit to South Korea - Narendra
Modi announced to set up a special panel to clear
and fast-track South Korean investments into India.
South Korea became the second country after Japan
for which a special panel will be constituted. South
Korea announced to invest 10 billion dollar for
Indian infrastructure development. India-South
Korea signed seven agreements including revised
avoidance of double taxation, cooperation in audiovisual co-production, Youth Matters as well as cooperation between the National Security Council of
India and South Korea.
Muglawali village of Yamun nagar district in
Haryana came into news after district authorities
claimed that they have dugged out a paleo (old)
channel which resembles now inactive River
Saraswati.
19th century Dharahara (Bhimsen) tower at the
center of Sundhara in Kathmandu, Nepal on 25 April
2015 was reduced to rubbles after an earthquake of
magnitude 7.9 on the Richter scale struck the
country.
The United Nations released Mid-2015 World
Economic Situation and Prospects. Growth of world
GDP will accelerate slightly from 2.6 percent in 2014
to 2.8 percent in 2015.
46. United Nations Conference on Trade and

Development (UNCTAD) released a report titled
Global Investment Trends Monitor. The report
highlighted that developing Asia now invests more

abroad than any other region. Hong Kong (China)
and China were the second and the third largest
investors in the world, after the United States which
remains the largest single source of outward foreign
direct investment (FDI).
47. The World Economic Forum released the Human
Capital Report 2015 in Geneva, Switzerland. India
occupied the 100th position among the 124
countries surveyed in the Index. Finland topped the
list.
48. The Union Cabinet approved Polar Satellite Launch

Vehicle (PSLV) Continuation Programme consisting
of fifteen operational flights PSLV-C36 to PSLV-C50.
49. The Union Cabinet gave its nod for building and
launching of GSAT-17 and GSAT-18 communication
satellites.
50. India assumed Presidency of the 68th World Health
Assembly (WHA) after 19 years.
51. 6th National Conference on Nuclear Energy was
held in New Delhi on 15 May 2015. The Conference
was organised by ASSOCHAM with the
theme Nuclear Energy: a Clean Energy option.
52. President Pranab Mukherjee inaugurated the 50th
anniversary of Indias first historic climb of Mount
Everest in 1965 at Rashtrapati Bhavan. On 20 May
1965, Indian team led by Captain Mohan Singh Kohli
of Indian Navy made history by climbing 8848metres high Mt. Everest, the worlds highest peak.
53. Prime Minister Narendra Modi released a
commemorative coin to mark the birth centenary of
Swami Chinmayananda in New Delhi.
54. Singapore PM Lee Hsien Loong opened first
museum Indian Heritage Centre in Little India.
55. The term Multi-Object Tracking Radar (MOTR) was
in news as the Indian Space Research Organisation
(ISRO) announced its plans to commission the radar
in June 2015.
56. The term Nuclear Insurance Pool was in news as the

General Insurance Corporation of India was
collecting views from the stakeholders in the
Insurance industry and Nuclear Energy sector about
the creation of the NIP. The NIP is intended to cover
the liability of Nuclear Plant operators and
Equipment and Material Suppliers under Civil
Liability for Nuclear Damages (CLND) Act, 2010 in
case of nuclear accidents. The creation of the Pool
has become necessary due to the reluctance of the
foreign nuclear equipment suppliers to participate
in the nuclear trade with India as the CNLD Act,
2010 has imposed liability on them in case of
nuclear accidents. The GIC is given the responsibility
by the Union Government for the creation of the
NIP and it will be of 1500 crore rupees and the GIC
will invest 750 crore rupees in it.
57. India launched a relief and rescue Operation named
Maitri in earthquake hit Nepal. The operation will
involve two dozen military aircraft and choppers
along with bus services through road route. India
also pressed nearly 1000 trained personnel of the
National Disaster Response Force (NDRF) into
service.
58. The President of India Pranab Mukherjee
inaugurated Namaste Russia festival in Moscow,
Russia.
59. Book titled Unbelievable Delhi to Islamabad
authored by senior Advocate Prof. Bhim Singh was
released by Vice President M Hamid Ansari in New
Delhi.
60. Mirage 2000 fighter jet of Indian air force landed

successfully on Yamuna Expressway as part of
developing road runaway for emergency landing.
It's a kind of first for military aviation in India.
61. Air-to-air missile, Astra was successfully test fired at
the Integrated Test Range (ITR), Chandipur in
Odisha. It was test-fired aboard a Sukhoi-30 MKI
fighter aircraft. Astra is Indias first beyond visual

range air-to-air missile (BVRAAM) that is capable of
engaging its target at ranges of 37 km or beyond. It
has operational range of 60km.
62. Indian Army signed Memorandum of Understanding
(MoU) with the Bank of India (BOI) on the Defence
Salary Package.
63. The Naval establishment of Indian Navy at

Porbandar, Gujarat was commissioned as INS Sardar
Patel by Anandiben Patel, Chief Minister of Gujarat.
64. India successfully conducted the 48th test firing of
the BrahMos Supersonic Cruise Missile from the Car
Nicobar Islands in Andaman and Nicobar. The
advanced version of the land-to-land configuration
of BrahMos Block-III version was test-fired from a
Mobile Autonomous Launcher (MAL) for its fullrange of 290 km.
65. The first regiment of the indigenously developed
Surface-to-Air missile Akash Weapon System was
inducted into the Indian Army in New Delhi.
66. The Fourteenth edition of the Indo-French naval
exercise VARUNA 2015 concluded on 2 May 2015.
The exercise started on 23 April 2015 off the Goa
Coast.
67. State-owned United Bank of India has become the
first of the 17 lenders to publicly admit that it no
longer expects to recover its dues from the
beleaguered Kingfisher Airlines. Interestingly, the
Kolkata-based lender was the first bank to attempt
to get Vijay Mallya, the chairman of Kingfisher
Airlines, tagged as a wilful defaulter.
68. RBI will soon set up a Central Fraud Registry as part
of an early warning system. The idea is to set up a
structure for quick sharing of information about
unscrupulous borrowers and help banks fight bad
loans.
69. Puducherry will be the first Union territory/state to

implement direct benefit transfer (DBT) scheme for
disbursal of food subsidy to the beneficiaries.
70. Government approved a proposal allowing
investment by non-resident Indians (NRI) to be
deemed as domestic investment on a par with
investment made by residents. This means NRI
investment will not be included in the category of
foreign investment.
71. An expert panel has recommended to the pension
regulator to give the option of up to 50% (up from
15%) equity exposure to government employees
under the National Pension System (NPS). The GN
Bajpai panel, constituted by the Pension Regulatory
and Development Authority (PFRDA) on September
10, 2014 to review investment guidelines, has
suggested that government employees also be
given the option to choose their pension fund
manager (now not available) as well as switch them
if not satisfied with performance.
72. The finance ministry notified the increased service
tax rate of 14 per cent effective from 1st June.
However, the Swachchha Bharat Cess is yet to be
notified. In Budget 2015-16, the government had
hiked the service tax to 14 per cent from the
current 12.36 per cent. The education cess and
secondary and higher education cess shall be
subsumed in the new service tax rate.
73. India and South Korea signed a revised double
taxation avoidance pact and agreed to begin talks
from mid next year to widen the scope of free trade
pact to boost bilateral economic cooperation.
74. South Korea decided to provide $10 billion to India

for infrastructure, development of smart cities,
railways, power generation and other diversified
areas.
75. The government has limited fiscal deficit for 201415 at 4% of GDP, lower than the revised estimate of
4.1% announced in February.
76. India announced a USD one billion credit line to
Mongolia for infrastructure development as they
upgraded their ties to Strategic Partnership and
agreed to deepen defence cooperation besides
exploring potential for tie ups in areas like the civil
nuclear sector.
77. The Narendra Modi led government launched the
website of NITI Aayog with a blogs section that will
have articles, field reports, work in progress and
opinions by the officials.
78. Monsoon is likely to hit the Kerala coast on May 30,

two days before its scheduled arrival in India even
as the country stares at the possibility of below
normal rains for a second consecutive year.
79. Wholesale price inflation stayed in the negative
zone for the sixth month in a row, easing to -2.65%
in April.
80. The
Union
Cabinet
chaired
by
Prime
Minister Narendra Modi approved amending the
Benami Transactions (Prohibition) Act, 1988 aimed
at curbing the generation and laundering of black
money within the country.
81. Rating agency Moodys said monsoon and global
financial volatility will pose additional risks to Indias
growth this year, but the GDP is likely to average
around 7.5 per cent over the next 18-24 months
due to improvement in business environment
induced by reforms. US-based Moodys has a
positive outlook on Indias Baa3 rating.
82. Retail inflation in April softened further and fell to a
four-month low of 4.87 per cent as prices of food
items, vegetables and fruits turned cheaper.
83. The proposed Goods and Service Tax (GST) Bill was
referred to a Select Committee of Parliamentarians.
The 21-member panel will give its report by the last

day of the first week of the Monsoon Session.
84. Indian Railways will soon launch its Tatkal Special
train service, travelling on which will be dearer than
on normal trains.
85. Pradhan Mantri Suraksha Bima Yojana (PMSBY) will

offer a renewable one year accidental death-cumdisability cover of Rs 2 lakh for partial/permanent
disability to all savings bank account holders in the
age group of 18-70 years for a premium of Rs 12 per
annum per subscriber.
86. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
will offer a renewable one year life cover of Rs 2
lakh to all savings bank account holders in the age
group of 18-50 years, covering death due to any
reason, for a premium of Rs 330 per annum per
subscriber.
87. Atal Pension Yojana (APY) will focus on the
unorganised sector and provide subscribers a fixed
minimum pension of Rs 1,000, Rs 2,000, Rs 3,000,
Rs 4,000 or Rs 5,000 per month, starting at the age
of 60 years, depending on the contribution option
exercised on entering at an age between 18 and 40
years.
88. Traders with a turnover below R10 lakh a year

wont have to register for or pay the goods and
services tax (GST), and those with annual sales of
R10 lakh to R50 lakh will need to pay the tax at a
rate lower rate than the standard GST rate.
89. As part of its efforts to improve Indias ranking in
the World Banks Ease of Doing Business index, the
government has set up a panel with a view to
replace multiple prior permissions required to start

a business with a pre-existing regulatory
mechanism. The panel is headed by Jaijit
Bhattacharya.
90. Congress vice
president Rahul
Gandhis
constituency Amethi is set to be developed as a
Smart City by the Narendra Modi-led government.
91. Cabinet enhanced the powers of Foreign
Investment Promotion Board (FIPB) to take
decisions on foreign investments worth up to Rs
3,000 crore, up from the Rs 1,200 crore allowed as
per the FDI Policy, 2014.
92. India and France decided to set up teams to work

out details of the acquisition of 36 Rafale fighter
jets in fly-away condition and a time-bound
manner.
93. Cabinet approved a modification in the Mega Food
Park scheme to streamline its implementation to
attract investment in the food processing sector.
94. Finance Ministry clarified that LPG subsidy received
by individuals in their bank accounts will continue
to be exempt from income tax.
95. The government said the birth rate in India is
greater than that of China and said the countrys
population will cross Chinas by 2028.
96. A deal signed between engineering firm L&T and
French nuclear vendor Areva for maximising the
localisation of critical components for the proposed
10,000-MW nuclear power plant at Jaitapur.
97. Government decided to defer plans to set up an
independent Public Debt Management Agency
(PDMA) this year, allowing the central bank to
continue with regulating government bonds.
98. Eight core industries registered a negative growth
of 0.1 per cent in March, the lowest performance in
17 months, due to a steep decline in production of
steel, cement and refinery products.
99. A court in Pakistan sentenced 10 men to life

imprisonment for attempting to kill Nobel-prize
winning teenage activist Malala Yousafzai in 2012.
100. Operation Maitri, Indias Army-led rescue and relief
mission in quake-hit Nepal, would continue till
normalcy returned to the Himalayan country, the
Army said.
101. Raja Rajeswari, the first India-born woman to be
appointed a judge in New York City, was sworn-in
by Mayor Bill de Blasio.
102. The government decided to continue its Rs.1,000
minimum monthly pension scheme run by the
Employees Provident Fund Organisation.
103. In an audit report tabled in Parliament, the
Comptroller and Auditor General (CAG) named
Union Minister Nitin Gadkari as one of the
promoters and/or directors of Purti Sakhar
Karkhana Limited a company that, it said, was
sanctioned a loan of Rs. 84.12 crore by the Indian
Renewable Energy Development Agency (IREDA) in
violation of guidelines.
104. In the face of an uproar in the Rajya Sabha over
son-guaranteeing medicine, Putrajivak Beejbeing
sold by Yoga guru Baba Ramdevs pharmacy, the
government agreed to look into the issue and see
how the ayurvedic medicine was issued a licence.
105. India is sending two of its senior most officials,
Foreign Secretary S. Jaishankar and National
Security Adviser Ajit Doval, to Kathmandu to take
stock of the situation and amplify its relief efforts.
106. In order help investors better understand risks

involved in mutual fund (MF) investments, SEBI,
replaced the mandatory colour codes with a
riskometer containing five levels of risks from low
to high. The five risk levels would be low,
moderately low, moderate, moderately high and
high. The new system would replace the existing
practice of colour-coding the schemes wherein the

funds needed to be given blue, yellow and brown
codes to indicate low, medium and high risk
respectively.
107. Maharashtra Food and Drug Administration (FDA)
said that it had ordered an FIR to be filed against
the CEO and the directors of Internet shopping
company Snapdeal for allegedly selling prescription
drugs online.
108. NASAs Messenger spacecraft has crashed into the
surface of Mercury.
109. The Centre has approved the long-standing demand
of Indian scientists that the country be an associate
member of CERN (European Organisation for
Nuclear Research).
110. Mutual fund managers pumped in over Rs.7,600
crore in equity markets in April, making it their
highest net inflow in more than seven years, mainly
on account of positive investor sentiments and the
governments reforms agenda.
111. The Real Estate (Regulation and Development) Bill
2013 will be referred to a Select Committee by the
Rajya Sabha.
112. The Competition Commission of India (CCI) has

rejected allegations of unfair business practices
against five online retail majors Flipkart,
Snapdeal, Amazon, Jabong and Myntra as it did
not find any prima facie evidence of violations.
113. IT major Infosys has asked the West Bengal
government to either give SEZ (Special Economic
Zone) status to the companys proposed software
development centre at Rajarhat or repay the money
it has given in advance for the land.
114. A sessions court in Mumbai held Bollywood actor
Salman Khan guilty of culpable homicide and
sentenced him to five-year rigorous imprisonment
and a fine of Rs. 25,000 in the 2002 hit-and-run

case.
115. With 352 votes in favour, the Constitution (122nd
Amendment) Bill for introduction of Goods and
Services Tax (GST) sailed through the Lok Sabha.
116. Union Cabinet met to approve an amendment that
would effectively dilute the scope of the Whistle
Blowers Protection Act of 2011. The amendment
incorporates necessary provisions to keep issues of
national security out of its purview.
117. India and Iran signed an inter-Governmental

Memorandum of Understanding regarding Indias
participation in the development of the Chabahar
Port in Iran.
118. The U.S. has handed over to Pakistan 14 combat
aircraft, 59 military trainer jets and 374 armoured
personnel carriers, which were earlier used by
American forces in Afghanistan and Iraq.
119. The Lok Sabha passed a bill that provides for trying
juveniles aged between 16 and 18 years for heinous
crimes under laws for adults.
120. Parliament unanimously approved The Constitution
(119th Amendment) Bill, operationalising the Land
Boundary Agreement -- swapping territories
between India and Bangladesh -- 41 years after the
1974 Indira Gandhi-Sheikh Mujibur Rehman pact.
Once the Bill is ratified by at least half the
legislatures of the country and gets presidential
assent, it will likely be Indias 100th constitutional
amendment.
121. Comptroller and Auditor General (CAG) has said the

Light Combat Aircraft (LCA) Mark-I Tejas being
inducted into the Indian Air Force (IAF) has limited
capability and does not meet the forces

operational requirements.
122. The U.N. health agency declared Liberia Ebola-free.
123. RBI has advised all public sector banks and some
private and foreign banks to appoint an internal
ombudsman. The internal ombudsman would be
designated Chief Customer Service Officer. The apex
bank, however, has made it clear that the CCSO
should not have worked in the bank in which he/she
is appointed as CCSO.
124. India has lodged a protest against Chinas

announcement of infrastructure projects in
Pakistan-occupied Kashmir (PoK).
125. Commuters can now access Indian Railways
schedule on their mobile phones and desktops
using Google Maps. Besides information on 12,000
trains, the Maps will now offer updated details for
bus and metro routes in eight cities: New Delhi,
Mumbai, Kolkata, Chennai, Ahmedabad, Bengaluru,
Hyderabad and Pune.
126. Supreme Court restrained the government from
publishing the photographs of political leaders,
Ministers or prominent persons in government
advertisements. The court, however, drew an
exception to this restraint in the case of the
President, the Prime Minister and the Chief Justice
of India. The verdict relies on guidelines on Content
Regulation of Government Advertising framed by a
three-member committee, led by legal academician
N.R. Madhava Menon.
127. The Aam Aadmi Party Government said it would not

allow foreign direct investment (FDI) in retail sector
in the Capital.
128. The Centre decided to continue with the aptitude
test (General Studies Paper-II) in the Civil Services
(Preliminary) Examination, fixing its minimum
qualifying marks at 33 per cent.
129. Union Cabinet approved a proposal to ban
employment of children aged under 14 in all kinds
of commercial enterprises. The Child Labour
Prohibition Act, 1986, imposes the ban on only 18
hazardous industries. However, keeping in mind the
social fabric of the country, the Cabinet has made
an exception for work done in family enterprises
and on farmlands, provided it is done after school
hours and during vacations. The Cabinet has barred
employment of adolescents (14 to 18 years) in
hazardous occupations and processes in the
chemical industry and mines.
130. The Indian Medical Association (IMA) has sent a
legal notice to the makers of the film Gabbar is Back
demanding removal of objectionable scenes from
the movie that was released on May 1.
131. The proportion of Christians in the U.S. population
dropped by ten per cent over the last seven years,
even as Hindus and Muslims nearly doubled their
share, according to a recent study.
132. Chinas move to build nuclear power plants in

Pakistan is not consistent with the rules of the
Nuclear Suppliers Group (NSG) and the U.S. has
raised this issue in its bilateral meetings, a top
Obama Administration official has said.
133. The Central Government will sell its 10 per cent
stake in blue-chip Indian Oil Corporation and five
per cent in power producer NTPC to mop up about
Rs.13,600 crore in this fiscals first disinvestment
approval.
134. RBI allowed Infrastructure Debt Fund-Non-Banking

Financial Companies to invest in public-private
partnerships (PPPs) and infrastructure projects
which have completed at least one year of
satisfactory commercial operation. The maximum
exposure that an IDF-NBFC can take on individual
projects will be at 50 per cent of its total capital
funds.
135. State Bank of India joined its private sector rivals to

launch contactless cards using latest near field
communication (NFC) technology. Called the
SBIinTouch cards, these contactless debit and credit
cards are more secure and hassle-free to use at
merchant outlets or ATMs and use the NFC
technology, which enables users to make payments
by waving or tapping the card near the contactless
reader instead of swiping or dipping it.
136. Prime Minister Narendra Modi announced that
India had decided to extend electronic tourist visas
to Chinese nationals.
137. An Egyptian court sentenced deposed Islamist
President Mohamed Morsy and more than 100
other people to death for their role in a mass
jailbreak during the 2011 uprising.
138. Foreign exchange reserves grew by $262.4 million
to touch a new record high of $352.13 billion for the
week ended May 8, 2015 against $351.86 billion for
the previous week, according to RBI weekly data.
139. Draupadi Murmu took oath as the ninth Governor
of Jharkhand, the first tribal woman to occupy the
position in the State.
140. HDFC Bank, in association with Apollo Hospitals, has

launched a co-branded pre-paid card called HDFC
Bank Apollo Medical Benefits Card, which will

enable corporates to easily disburse medical
allowance to their employees without waste of time
and incurring any cost.
141. A Sukhoi-30 fighter aircraft of the Indian Air Force
crashed in Assam.
142. A fully assembled Astrosat, Indias first space
observatory, is ready for intensive tests before its
launch around October.
143. Indias largest commercial bank the State Bank of
India said that its tie up with Snapdeal for funding
MSMEs will boost Prime Minister Narendra Modis
Make-in-India initiatives by putting more funds in
the hands of the small entrepreneurs enabling them
to boost their industries.
144. The Republic of Ireland became the first country to

legalise same-sex marriage through popular vote.
GK POWER CAPSULE - JUNE 2015 HINDU REVIEWS

This capsule has been prepared by the Career Power Institute Delhi (Formerly known as Bank Power). This
document contains all the important news and events of the Month JUNE 2015, which can be helpful in the
upcoming exams and interviews.
1.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
RBI Governor Raghuram Rajan in its 2nd Bi-Monthly

monetary policy review cut repo rate by 25 basis
points to 7.25 per cent from 7.5 per cent, third time
this year.
a. Bank Rate 8.25 % (Decreased 0.25%)
b. Cash Reserve Ratio 4 % (Unchanged)
c. Statutory Liquidity Ratio 21.5 % (Unchanged)
d. Repo Rate 7.25 % (Decreased 0.25%)
2. Reverse Repo Rate 6.25 % (Decreased 0.25%)
3. Marginal Standing Rate 8.25 % (Decreased
0.25%)
U P Singh was appointed as the Interim Chairman
and Managing Director (CMD) of state-run Oil India
Limited.
Anshula Kant was appointed as the Deputy
Managing Director and Chief Financial Officer (CFO)
of State Bank of India.
Journalist and writer Aakar Patel appointed as
Executive Director of Amnesty International India.
Senior IAS officer G Gurucharan was given
additional charge as Director General, Bureau of
Indian Standards.
Archana Ramasundaram was appointed as the
Director of National Crime Records Bureau.
Narendra Kumar Yadav took charge as CMD of the
state-run telecom operator Mahanagar Telephone
Nigam Limited.
Prof Sanghmitra Bandyopadhayay was appointed as
the Director of Indian Statistical Institute.
Vijai Sharma was appointed as the Chief
Information Commissioner in the Central
Information Commission. He will have tenure of 5
years or till he attain the age of 65, whichever is
earlier.
IRS officer KV Chowdary was appointed as the
Central Vigilance Commissioner (CVC).
Senior IPS Officer RC Tayal was appointed as the
Director General of National Security Guard.
www.bankersadda.com |
14. Syed Asif Ibrahim was appointed as the Prime

Ministers Special Envoy on Countering Terrorism
and Extremism.
15. K Sivan was appointed as the Director of the Vikram

Sarabhai Space Centre.
16. P Kunhikrishnan was appointed as the Director of
Satish Dhawan Space Centre.
17. Meena Hemchandra was appointed as the
Executive Director of Reserve Bank of India. As an
ED, She will look after Department of Banking
Supervision, Department of Co-operative Banking
Supervision and Department of Non-Banking
Supervision.
18. Muhammadu Buhari assumed the office of 5th
President of Nigeria.
19. Former Singapore Foreign Minister George Yeo was
appointed as the new Chancellor of the Nalanda
University, Bihar. Yeo will succeed Nobel laureate
Amartya Sen.
20. Veena Jain was appointed as Director General
(news) in Doordarshan.
www.careerpower.in | www.sscadda.comPage 1
21. Pradeep Kumar Sinha was appointed as the Cabinet

Secretary to the Union Government. He succeeded
Ajit Seth.
22. Distinguished Scientist G Satheesh Reddy was
appointed as Scientific Advisor to Union Defence
Minister Manohar Parrikar.
23. Eminent scientist Dr. S Christopher was appointed
as the Director General of the Defence Research
and Development Organisation (DRDO).
24. Sir Fazle Hasan Abed was selected for the 2015
World Food Prize.
25. Anisa Rasouli nominated as the first ever female
Supreme Court judge of Afghanistan.
26. Chennais NL Beno Zephine became the first 100
percent visually-challenged person to be inducted
into the Indian Foreign Services (IFS).
27. The United Nations General Assembly (UNGA)
elected Denmark's Mogens Lykketoft as its
President for its upcoming 70th session in
September 2015. He will have tenure of one year
and succeeds Uganda's Sam Kutesa.
28. The Government of Mauritius designated Ameenah
Gurib-Fakim as new President of the Indian Ocean
island nation.
29. Jyoti Prasad Rajkhowa was sworn-in as Governor of
Arunachal Pradesh. He became the 19th Governor
of the state.
30. Lt. General (Retd.) Nirbhay Sharma was sworn-in as
Governor of Mizoram.
31. Manabi Bandopadhyay became the first
transgender principal of Krishnagar Women's
College in Nadia district, West Bengal.
32. Indian American Professor Emeritus R. Paul Singh
was named for the GCHERA World Agriculture Prize
2015. GCHERA stands for Global Confederation for
Higher Education Associations for Agriculture and
Life Sciences.
33. Darshan Jain, an Indian-American teacher, US
named for prestigious Presidential Award for
Excellence in Mathematics and Science Teaching by
President Barack Obama.
34. Sanjeev Galande was selected for G D Birla Award
for Scientific Research for 2014.
35. Veteran Writer Vishwanath Tripathi was selected
for the 28th Moorti Devi Award for the year 2014
for his book Vyomkesh Darvesh. Vyomkesh Darvesh
is a lifetime story of Acharya Hazari Prasad Dwivedi.
36. The district administration of Nadia, West Bengal
was on 26 June 2015 conferred with the United
Nations Public Service Award 2015 for eliminating
open defecation in the district.
37. The spiritual leader Sri Sri Ravi Shankar was

conferred with the Columbias highest civilian
award Orden de la Democracia Simon Bolivar en el
grado de cruz Caballero (Order of the Democracy
Simon Bolivar) by Columbia.
38. The Indian Space Research Organisation (ISRO) was
presented with the Space Pioneer award for the
year 2015 in the Science and Engineering category
during the 34th Annual International Space
Development Conference held at Toronto in
Canada.
39. Suresh Kalmadi was conferred with the Asian
Athletics Association (AAA) Presidents award.
40. Uttarakhands Medical, Health and Family Welfare
Minister Surendra Singh Negi was conferred with
the World No Tobacco Day Award 2015 by the
World Health Organsiation.
41. Super 30 founder and mathematician Anand Kumar
was honoured by Legislature of British Columbia in
Canada at Toronto University for his pioneering
work in the field of education.
42. Prime Minister Narendra Modi was on a two-day
visit to Bangladesh from 6 June to 7 June 2015. The
two nations signed, exchanged, adopted and
handed 22 bilateral documents in Dhaka, including
historical 1974 Land Boundary Agreement which
would settle the 4096-kilometre-long border
dispute. Modi along with her Bangladeshi
Counterpart Sheikh Hasina and West Bengal Chief
Minister Mamata Banerjee flagged off the DhakaShillong-Guwahati and Kolkata-Dhaka-Tripura bus
services.
43. Said Djinnit, the United Nations (UN) envoy to
Burundi crisis, stepped down from his role as
mediator of the crisis.
44. Sepp Blatter resigned as President of FIFA amid the
corruption scandal.
45. Former UK Prime Minister Tony Blair resigned as
the Special Envoy of the Middle East Quartet.
46. Matti Makkonen, the man responsible for
conceiving the idea of short messaging service
(SMS) technology, died.
47. Chris Squire, the co-founder and longtime bassist of
progressive Rock Band Yes, died.
48. The Great Wall of China, a UNESCO World Heritage
site, was in news as Beijing Times published a
survey report stating that around 30 percent of the
Wall disappeared overtime and around 1185 km of
the fortification are in poor condition.
49. Nathu La pass was in news on 16 June 2015 as

External Affairs Minister Sushma Swaraj flagged off
the first batch of pilgrims for Kailash-Manasarovar
yatra that will travel through the pass. During the
yatra, piligrims visit Mount Kailash, which Hindus
believe as the abode of Lord Shiva, and
the Manasarovar Lake located in the south-western
corner of Tibetan Autonomous Region (TAR) of
China. The pass was reopened after China agreed to
open the route following a bilateral agreement
signed in September 2014 during Chinese President
Xi Jinpings visit to India.
50. The place Tengnoupal in Manipur was in news as at
least 20 Army personnel were killed and 16 others
injured after a group of militants ambushed 6 Dogra
Infantry Regiment.
51. Two Indian organizations Indian Army and Indian
Railways are among the world's biggest employers,
together employing around 2.7 million people, as
per a research published by the World Economic
Forum. Indian Railways was ranked at the eighth
place in the list of world's biggest employers with
1.4 million staff. Immediately after Indian Railways
is the Indian Armed Forces with 1.3 million people.
52. Institute for Economics and Peace released the
Global Peace Index (GPI) 2015. Among these 162
countries, India was placed at the 143rd position,
the same as 2014.
53. An unmanned American SpaceX rocket dubbed
Falcon-9 broke apart in flames minutes after lifting
off from Cape Canaveral in Florida on 28 June 2015.
54. Indian Medical Associations (IMA) first-ever Jan
Aushadhi Generic Drug (JAGD) Store was
inaugurated at its headquarters in IP Estate, New
Delhi. The store will offer over 118 commonly used
drugs at a 10 to 20 percent lesser price than market
value.
55. G7 Summit 2015 was held at Schloss Elmau in
Bavaria, Germany from 7 June to 8 June 2015. This
was the 41st G7 summit and the theme for the
summit was Think Ahead. Act Together.
56. India by celebrating the first International Yoga Day
in Rajpath, New Delhi created two Guinness World
Records (GWRs) on 21 June 2015. The two records
include participation of most individuals and
individuals from the largest number of nationalities
performing asanas at a single venue. Around 36
thousand participants performed asanas and 84
nationalities joined the official observation of
International Yoga Day at Rajpath in New Delhi. The
celebration at Rajpath was led by Prime Minister
Narendra Modi who termed the venue as Yogpath.

192 countries celebrated the first International
Yoga Day on 21 June 2015.
57. Union Agriculture Minister Radha Mohan Singh

launched
a
weather
alert
service
named NOWCAST. NOWCAST will be used to send
SMS alerts on extreme weather data like hailstorm,
thunderstorm and squall originated by India
Meteorological Department (IMD) to over one crore
farmers whose mobile numbers are registered on
governments mKisan portal.
58. Advertising Standards Council of India (ASCI)
launched the countrys first consumer complaint
mobile app named ASCIonline. ASCI launched this
consumer friendly app with an aim to address the
issue of misleading advertisements.
59. Indian Railways rechristened Ahmedabad-Haridwar
Mail Express also known as 'Haridwar Mail' as Yoga
Express.
60. Union Government launched Mobile Blood Bank
Locator App.
61. To provide security to those devotees taking part in
the 59-day-long annual Amarnath Yatra in Jammu
and Kashmir, Indian Army in first week of July 2015
launched Operation Shiva.
62. Exercise Ajeya Warrior is a joint exercise between
the armies of India and UK. Exercise began on 13
June 2015 at Westdown Camp in Salisbury Plains
Training Area, UK.
63. The term Magna Carta was in news as the Queen
Elizabeth II of the UK inaugurated a ceremony to
mark the 800th anniversary of Magna Carta. The
ceremony took place at Runnymede near
London where King John II sealed the original
accord on 15 June 1215.
64. The Buddhas of Bamiyan were recently in news as
they were resurrected in Bamiyan Valley,
Afghanistan via 3D light projection technology. The
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
two statues of Standing Buddhas of Bamiyan, 115 ft

and 174 ft tall respectively, were carved out of
sandstone cliffs and stood at one point painted and
gilded. These statues were destroyed in March 2001
by Taliban declaring it as false idols.
Cyclonic storm ASHOBAA was in news after it
developed into a cyclonic storm from only a
depression that formed over the Arabian Sea.
The Section 12(1)(d) of the Consumer Protection
Act, 1986 was in news as the Union Government
filed a complaint under it against Maggi, owned by
Nestle. Maggi noodles containing high levels of lead
and Monosodium Glutamate (MSG).
The term Abraj Kudai was in news as it was
described as the worlds biggest hotel set to open in
2017. Abraj Kudai is under construction in Mecca,
Saudi Arabia.
Heavy rain triggered twenty-five landslides in
Darjeeling, Kalimpong and Kurseong sub-divisions of
Darjeeling district of West Bengal.
Chinese cruise ship Eastern Star in the Yangtze
River carrying 405 passengers capsized after it got
caught in a cyclone.
Indias maiden indigenous aircraft carrier INS
Vikrant was undocked at the Cochin Shipyard in
Kochi, Kerala.
The Food Safety and Standards Authority of India
(FSSAI) set up an Expert Group headed by Dr. D
Prabhakaran on Salt, Sugar and Fat in Indian Food
Products.
Union Ministry of Finance constituted a Task Force
headed by Dhirendra Swarup on Financial Redress
Agency (FRA).
The Union Government formed a committee under
the Chairpersonship of Prime Minister Narendra
Modi to oversee the celebrations of 125th birth
anniversary of Dr BR Ambedkar, also called Bhim
Jayanti which is annually celebrated on 14 April.
Union Ministry of Finance constituted a Committee
on Revisiting and Revitalizing the Public Private
Partnership (PPP) Model of Infrastructure
Development under the Chairmanship of Vijay
Kelkar.
Book titled Transcendence: My Spiritual
Experiences with Pramukh Swamiji authored by
former President Dr APJ Abdul Kalam and Arun
Tiwari was released.
Book titled Dealing with China: An Insider Unmasks
the New Economic Superpower authored by Henry
M. Paulson was released.
77. The book Beyond Doubt: A Dossier on Gandhi's

Assassination was compiled and introduced by
Indian civil rights activist Teesta Setalvad and
published by Tulika Books.
78. The book Benazir Bhutto: A Multidimensional
Portrait was released. It was written by Dr Anna
Suvorova of Russia.
79. A book on Prime Minister Narendra Modi titled
Modi Incredible emergence of a star written in
Chinese language by Tarun Vijay was in news as one
copy of the book was given to Vice-President M
Hamid Ansari.
80. Prime Minister Narendra Modi launched a book
titled Education of Muslims: An Islamic Perspective
of Knowledge and Education Indian Context
edited by Professor JS Rajput.
81. The book Sourav Ganguly: Cricket, Captaincy and
Controversy was written by Saptarshi Sarkar and
was published in April 2015 by HarperCollins India.
82. Booker Prize awardee Amitav Ghosh released his
new novel Flood of fire.
83. Greece became the first developed nation to
default on International Monetary Fund (IMF) debt.
It became a defaulter after it missed the deadline
for payment of 1.7 billion dollar (1.5 billion euro) to
IMF. The Eurozone Finance Ministers refused to
extend its bailout to Greece after it rejected the
proposal given by the troika viz., International
Monetary Fund (IMF), the European Commission
(EC) and European Central Bank (ECB).
84. The Union Cabinet cleared a proposal to repromulgate the contentious land acquisition
ordinance a third time.
85. Central government came out with its muchawaited draft gold monetisation scheme with an
aim to bring household and institutionally held gold
within circulation. As per the draft guidelines,
minimum gold deposit is proposed at 30 gms for a
minimum period of one year and the interest
earned on it would be exempt from income tax as
well as capital gains tax.
86. PM Narendra Modi government approved Rs
4,318.28 crore for constructing roads and basic
amenities at two industrial regions in Gujarat and
Maharashtra under the Delhi-Mumbai Industrial
Corridor (DMIC) project.
87. Finance Minister Arun Jaitley inaugurated a new
production line in Hoshangabad to manufacture
currency paper and would ensure highdenomination notes are printed on locally-made
paper. Currently, currency notes of larger
88.
89.
90.
91.
92.
93.
94.
denominations are printed on imported paper

though ink used is mostly produced within the
country. With the development of new facilities at
Hoshangabad and also Mysore, it would be possible
to produce currency printing paper in adequate
quantity to meet the need of the nation.
Hyderabad House, Vigyan Bhawan and Jawaharlal
Nehru Bhawan have topped the Swachh Bharat
Abhiyan (SBA) ratings, leaving behind Rashtrapati
Bhawan among the 49 government buildings in the
capital that were screened for overall cleanliness.
The highest earning member in about three-fourths
of all rural households in the country made less
than Rs 5,000 per month, according to the Socio
Economic and Caste Census (SECC) 2011 released.
Over one-third of Indian population living in rural
areas is illiterate, according to the Socio Economic
and Caste Census (SECC) 2011. Around 64 per cent
of the rural Indian population is literate, the Census
data showed. Rajasthan leads the pack of illiterate
states with 47.58 per cent of its population falling in
that category, followed by Madhya Pradesh with
44.19 per cent of its people in rural areas being
illiterate. Bihar is at the third place with 43.85 per
cent and followed by newly carved state Telangana
with 40.42 per cent population belonging to this
category. However, the most literate state of Kerala
has only 11.38 per cent population falling under the
illiterate category. After Kerala, Goa has the least
illiterate population with 15.42 per cent and Sikkim
at the third spot with 20.12 per cent.
The disinvestment department plans to sell 15 per
cent stake in Hindustan Copper Ltd (HCL), 10 per
cent each in Oil India (OIL) and Engineers India (EIL)
and 5 per cent each in NTPC and Bharat Electronics
Ltd (BEL).
Uttar Pradesh tops the list of states with highest
mobile penetration in rural areas, while Naxalaffected Chhattisgarh finds its place at the bottom.
In UP, 86.63 per cent households have mobile
handsets, while only 28.47 per cent households in
Chhattisgarh own the device.
Union Finance Minister Arun Jaitley announced that
the Cabinet has approved funds amounting to Rs
50,000 crore over the five years to ensure that the
Pradhan Mantri Krishi Sinchai Yojana is a success.
Global rating agency Fitch trimmed its economic
growth projection for India to 7.8% for 2015-16
from 8% predicted earlier.
95. Indian Railways has floated global tenders worth Rs

2,500 crore, involving the procurement-cummaintenance of 15 EMU sets.
96. Union Minister for Health and Family Welfare, J.P.
Nadda launched a voice-based web portal for 24/7
toll-free health services. The NHP Voice Web is a
24/7 toll free helpline (1800-180-1104) wherein the
caller can get authentic health information on
various topics.
97. A parliamentary panel has pitched for 100 percent
hike in salary and daily allowances of MPs and 75
percent raise in pension of ex-MPs. The panel,
headed BJP MP Yogi Adityanath, has sought
doubling of the existing Rs 50,000 salary of MPs and
favoured increasing the pension of former
parliamentarians from Rs 20,000 to Rs 35 thousand.
98. Narendra Modi government has allocated Rs 200
crore for three years to set up an online national
agriculture market by integrating 585 wholesale
markets across India a move that would help
farmers realise better prices.
99. Moodys has cut its credit rating for Greece to a

deep-junk Caa3.
100. The Digital
India initiative,
launched
by
PM Narendra Modi, could potentially translate into
a business opportunity of $3-4 billion annually for
the Indian IT industry. In a show of support towards
the governments Digital India push, members of
India Inc announced a total investment of Rs 4.5
lakh crore towards various projects which their
companies would be undertaking in the next few
years. It is estimated that the various projects and
initiatives unveiled by the government and the
private sector companies would offer employment
to over 18 lakh people in the next five to 10 years
while driving digital inclusion throughout the
country.
101. The United States and Cuba formally agreed to
restore diplomatic ties that had been severed for 54
years.
102. Government gave three months time till September

30 for people to declare their undisclosed foreign
income and assets to escape prosecution under the
new black money law, while tax and penalty on
such funds can be paid till December 31. Those
availing the one-time compliance window would
be required to pay a tax of 30 per cent and a
penalty of a similar amount. Under the new black
money law, which has been passed by Parliament
and would come into force from April 1, 2016, the
penalty would be much higher at 90 per cent, in
addition to a 30 per cent tax on undisclosed foreign
assets, while such persons would also face criminal
prosecution with a jail term of up to ten years.
103. The World Bank approved $650 million towards
loans for the Eastern Dedicated Freight Corridor
(EDFC) to facilitate faster and more efficient
movement of goods between northern and eastern
parts of India. The Eastern Corridor is 1,840 km long
and extends from Ludhiana to Kolkata.
104. Indias total external debt rose by USD 29.5 billion,
or 6.6 per cent, to USD 475.8 billion during 2014-15
fiscal, mainly due to increase in external commercial
borrowings and NRI deposits.
105. Standard & Poors downgraded Greeces credit
rating deeper into junk territory. It cut Greeces
already deeply-junk rating to CCC- from CCC.
106. India was among the 50 founding countries that
signed an agreement providing the legal framework
for the China-led USD 100 billion multilateral Asian
Infrastructure Investment Bank (AIIB). The AIIB will
have authorised capital of USD 100 billion, and
Asian countries will contribute to up to 75 per cent
of the total capital. Each member will be allocated a
share of the quota based on their economic size.
China, India and Russia are the three largest
shareholders, taking a 30.34 per cent, 8.52 per cent,
6.66 per cent stake, respectively. Their voting

shares are calculated at 26.06 per cent, 7.5 per cent
and 5.92 per cent.
107. The government plans to double trade with Pacific
Alliance member nations like Mexico, Peru, Chile
and Colombia to $30 billion by 2019.
108. Greece will not pay a 1.6 billon euro loan
installment due to the International Monetary
Fund, a Greek government official confirmed.
109. With Raghuram Rajans recent comments that
referred to the Great Depression of the 1930s
having created a flutter, the RBI said the governor
did not imply there being an imminent risk of the
world economy slipping into a new Great
Depression as that (30s) period of great turmoil was
caused by many factors. The RBI, however, added
Rajan indeed said that the policies followed by
major central banks around the world were in
danger of slipping into the kind of beggar-thyneighbour strategies that were followed in the
1930s.
110. A sub-committee of the Niti Ayog comprising state
chief ministers reached a broad consensus on
bringing down the number of centrally sponsored
schemes to 30 from 66. Flagship schemes such as
Mahatma Gandhi National Rural Employment
Guarantee Scheme, Pradhan Mantri Gram Sadak
Yojana and the National Food Security Mission
would continue even after the restructuring of
schemes starting 2016-17. The panel chaired by
Madhya Pradesh chief minister Shivraj Singh
Chouhan.
111. The Shanghai Cooperation Organisation (SCO) is
expected to elevate India and Pakistan as fullfledged members in next BRICS summit, to be held
in Russias Ufa, which coincides with the SCO
meeting.
112. The Centre has raised the national floor-level
minimum wages (NFLMW) to Rs 160 per day from
Rs 137.
113. Centre will give Rs 1 lakh per house for slum

development and an interest support of 6.5% to
ease the EMI burden of the urban housing scheme
beneficiary. States will have the full flexibility in
formulation, approval and execution of the publicprivate partnership projects under the schemes
Smart Cities, Atal Mission for Rejuvenation and
Urban Transformation (Amrut) and Housing for All
by 2022 in urban areas. The guidelines common to
all the three missions include the objective criteria
for selection of cities and allocation of funds. Under
the schemes, 100 Smart Cities, 500 cities under the
urban transformation mission and two-crore
affordable houses for the urban poor under the
Housing for All project would be constructed. The
housing for all mission is to be implemented in
4,041 cities or towns. Each selected city for the
smart city development will get a central assistance
of Rs 100 crore a year, while under Amrut,
allocation of funds will be as per urban population
and number of cities/towns in the state. Also, 10%
of energy needs of smart cities need to be met from
renewable sources, 80% of building construction to
be green and 35% of housing in greenfield projects
need be for economically weaker sections. For
smart city creation, states and urban local bodies
will set up special purpose vehicles with equal
stake. Under the Pradhan Mantri Awas Yojana
(Urban), ownership of houses would be in the name
of woman or jointly with husband.
114. Per capita annual income in the national capital
rose by nearly 14 per cent to Rs 2.41 lakh in 2014-
15 compared to the previous fiscal, which is almost

three times the national average.
115. The Income tax department has notified a new,
more simplified, set of ITR forms for taxpayers to
file their returns for assessment year 2015-16,
wherein it has done away with intrusive details such
as the number of foreign trips and bank account
balances that assessees were expected to furnish
earlier.
116. The Employee Provident Fund Organisation (EPFO)
has notified an order to make the Universal Account
Number (UAN) mandatory for all employers
covered under the Employees Provident Funds and
Miscellaneous Provisions Act 1952.
117. Prime Minister Narendra Modi and Tanzania
President Jakaya Kikwete held delegation level talks
in New Delhi.
118. The second round of the United Nations
negotiations on climate change have concluded in
Bonn, Germany.
119. Retail inflation Consumer Price Index edged up to
5.01 per cent in May on costlier pulses even as
prices of fruits and vegetables eased during the
month.
120. The much-awaited Bibek Debroy committee report
on the restructuring of Indian Railways lays down a
five-year roadmap to evolve a statutory rail
regulator and scrap the Rail Budget.
121. Union Minister of State for Home Affairs Kiren Rijiju
as the nodal minister of MoRTH has approved a sum
of Rs 10 crore as immediate relief for Arunachal
Pradesh.
122. Sri Lanka has invited former Indian President A P
J Abdul Kalam as chief guest at a power and energy
conference to be held in Colombo on June 26 and
27.
123. The Cabinet has approved the signing of the
Bangladesh, Bhutan, India and Nepal (BBIN) Motor
Vehicle Agreement for the regulation of passenger,
personal and cargo vehicular traffic amongst BBIN.
124. Indias current account deficit (CAD) narrowed to
$1.3 billion or 0.2% of gross domestic product (GDP)
in January-March compared with $8.3 billion the
previous quarter, as lower oil prices shrank the
import bill by 13.4%.
125. The government approved Rs 6,000 crore interestfree loan to sugar mills to help them partly clear
cane price arrears to farmers that have touched
about Rs 21,000 crore.
126. The Reserve Bank proposed that Indian corporates

eligible for raising external commercial borrowings
(ECBs) could also raise funds overseas by issuing
Rupee linked bonds, a move expected to open
another window for cheaper resources.
127. A two member mission of the World Bank Group is
on a two day-visit to India to collect data and
information for Doing Business Report, 2016. The
members are Nadine Abi-Chakra and Baria Nabil
Daye. India ranked 142 among 189 nations in World
Banks Ease of Doing Business 2015 report.
128. Union Urban Development Minister M. Venkaiah
Naidu announced that Jind and Karnal districts of
Haryana and Muzaffarnagar of Uttar Pradesh have
been included in the National Capital Region (NCR).
129. Union Railway Minister Suresh Prabhu has said that
the government will invest Rs. 8.5 lakh crore over
the next five years to develop the Indian
Railways services.
130. Bangladesh has offered to establish two Special
Economic Zones in Mongla and Bheramara for
Indian companies. Opening its insurance sector,
Bangladesh handed over consent letter by
Insurance Development and Regulatory Authority
(IDRA) to Life Insurance Corporation (LIC) to start
operations in the country.
131. On PM Narendra Modis Bangladesh visit, India and
the neighbouring country signed 22 agreements
and MoUs for co-operation in areas of trade,
investment, education, climate change and
Information and Communication Technology.
Besides the landmark exchange of Instruments of
Ratification of 1974 Land Boundary Agreement.
132. Anil Ambani-promoted Reliance Power and Adani
Power signed separate memorandums of
understanding with state-run Bangladesh Power
Development Board (BPDB).
133. Southwest Monsoon has set in over Kerala on June
5, 2015 as against the normal date of June 1.
134. Delhi Metro received its first driver-less train,
equipped with several advanced features, from a
Korea-based manufacturer.
135. India has lost a case at the WTO, with the World
Trade Organisation ruling that Indian ban on import
of poultry meat, eggs and live pigs from the US was
inconsistent with the international norms.
136. RBI said banks can start using the strategic debt
restructuring (SDR) scheme, which will allow them
to acquire a 51% stake or more in stressed
companies. The Securities and Exchange Board of
India (Sebi) had given its nod to the scheme earlier
this year, allowing banks to convert debt into equity

at a price that was fair but not below the face value.
137. The Centre has signed a deal with the World Bank
for a $400 million loan for an urban development
project in Tamil Nadu.
138. The Pension Fund Regulatory and Development
Authority (PFRDA) tweaked investment guidelines
for government sector subscribers of the National
Pension System (NPS). Investments cap in
government securities was reduced to 50% from
55%, while the limit was raised in corporate debt
instruments to 45% from 40%.
139. United States Secretary of Defence Ashton Carter
and Defence Minister Manohar Parrikar signed the
2015 framework agreement on India-US defence
relationship for the next 10 years.
140. The effective incidence of service tax on food bill in
air conditioned restaurants will go up to 5.6 per
cent as against 4.94 per cent previously. The
increased incidence follows government raising
service tax rate from 12.36 per cent to 14 per cent
with effect from June 1. Air conditioned hotels and
restaurants attract a service tax on 40 per cent of
the billed amount.
141. The Reserve Bank lowered the economic growth

forecast for the current fiscal to 7.6 per cent from
7.8 per cent projected in April.
142. India has decided to buy only 36 Rafale fighter jets
scrapping the earlier plan to acquire 126 of the
French aircraft on grounds of huge cost.
143. The controversial land ordinance was repromulgated for the third time with President
Pranab Mukherjee giving his assent.
144. Beating its own financial target, the government has
contained the fiscal deficit at 3.99 per cent of GDP
in 2014-15.
145. Four Indians are among the worlds 100 most
powerful women who are transforming the world,
according to the Forbes 12th annual list, which is
topped by German Chancellor Angela Merkel. SBI
Chief Arundhati Bhattacharya (30), ICICI bank head
Chanda Kochhar (35), Biocon founder Kiran
Mazumdar-Shaw (85) and HT Media Chair Shobhana
Bhartia (93), and two women of Indian-origin
PepsiCo Chief Indra Nooyi (15) and Cisco Chief
Technology and Strategy Officer Padmasree Warrior
(84) make the list.
146. H. Vinod Bhat, Pro Vice-Chancellor of Manipal

University, Manipal, has been appointed its sixth
Vice-Chancellor for a term of five years beginning
June 1, 2015.
147. The telecom sector in the country attracted foreign
direct investment of $2.85 billion during the AprilFebruary period of the last fiscal, which is the
highest FDI inflow into the sector in the last five
years.
148. India is home to the highest number of hungry
people in the world, at 194 million, surpassing
China, according to United Nations annual hunger
report.
149. The Reserve Bank of India (RBI) proposed to
introduce a separate category of semi-closed
Prepaid Payment Instruments (PPI) for Mass Transit
System (PPI-MTS). The PPI-MTS can be used within
the mass transit systems and will have a minimum
validity of six months from date of issue. Such PPIs
will be re-loadable instruments subject to an
outstanding limit of Rs.2,000 at any point of time,
RBI suggested in a draft circular for public
comments.
150. The United States removed Cuba from its blacklist
as a state sponsor of terrorism.
151. President Pranab Mukherjee arrived In Stockholm
on the first leg of his five-day state visit to Sweden
and Belarus.
152. Bangladesh is set to honour former Prime Minister
Atal Bihari Vajpayee for his outstanding support for
the countrys independence from Pakistan in 1971
when he was a Lok Sabha member. Bangladesh will
hand over Vajpayees Friends of Bangladesh
Liberation War Award to Prime Minister Narendra
Modi during his visit to the country from June 6.
153. State-run operator BSNL will not charge mobile
phone users for incoming calls when on roaming
from June 15 onwards.
154. India and Belarus decided to work together on
defence and security issues as President Pranab
Mukherjee met his Belarusian counterpart and
agreed on a 17-point road map aimed at
strengthening mutual trust and confidence.
155. India joined the Multilateral Competent Authority
Agreement (MCAA) on Automatic Exchange of
Financial Account Information. The target is to
reach 94 countries by 2017.
156. Non-repayment of education loan can now affect
ones credit score, a top official of Credit
Information Bureau (India) Ltd (CIBIL) has said.
157. India and the Netherlands will collaborate on

fighting terror and cyber crime and have decided to
set up a joint working group on counter terrorism.
This was announced by Prime Minister Narendra
Modi, after his meeting with Prime Minister of the
Netherlands Mark Rutte who is in India on a twoday visit.
158. Chief Minister Chandrababu Naidu took the first
concrete step towards building a new capital for
Andhra Pradesh, performing the bhoomi puja for a
world class capital city named Amaravati after the
mythological City of the Gods.
159. Employees Provident Fund Organisation has
decided to park 5 per cent of its funds in the equity
market.
160. Bollywood superstar Aamir Khans PK has set a new
record grossing 100 million yuan (Rs. 100 crore) in
China, becoming the first Indian film to touch the
three-figure mark.
161. As Prime Minister David Cameron prepares to
renegotiate the terms of Britains membership of
the European Union at a summit later this month,
more than 50 Conservative party members of
Parliament have said that they will vote to leave the
EU if the Prime Minister does not achieve the
autonomy from the EU they seek. In his election
campaign, Mr. Cameron had promised far-reaching
treaty change with the EU and an in-out
referendum on its membership of the European
body to be held before 2017.
162. ICICI Bank appointed M. K. Sharma as the nonexecutive Chairman of the Board for a period of five
years, in place of K. V. Kamath.
163. An ordinance was cleared by the Union Cabinet
which will amend the Negotiable Instruments Act,
will enable filing of cheque bounce cases in the
place where the cheque was presented for
clearance or payment and not the place of issue.
164. To ease pressure during peak hours, the Railways

has decided to stagger booking of Tatkal tickets by
allowing reservations in AC class from 10 a.m. to 11
a.m. and non-AC class from 11 a.m.
165. U.S. President Barack Obama approved the
deployment of up to 450 more U.S. military
personnel to Iraq, in a bid to reverse gains by the
Islamic State group. The White House said the
forces will take part in an already 3,000-strong U.S.
mission to train, advise, and assist Iraqi army and
Sunni tribal fighters.
166. African leaders signed a potentially historic 26nation free trade pact to create a common market
spanning half the continent from Cairo to Cape
Town.
167. HDFC Bank launched Pay Zapp, a complete digital
payment and purchase solution, a one-stop online
portal offering customers great deals at one place.
168. The Maharahstra government has made the
teaching of English, Maths, Science and Social
Science mandatory in all madrasas that seek grants
from the State.
169. Close circuit TV (CCTV) cameras would be installed
at vantage points in nine districts of Uttar Pradesh
bordering, or in close proximity, to Nepal for
keeping a close watch on human trafficking from
across the border.
170. Rupert Murdoch is preparing to step down as chief
executive
of
the
media-entertainment
conglomerate 21st Century Fox and hand the job to
his son James, CNBC television reported.
171. The Reserve Bank of India (RBI) has decided to
permit non-resident Indians (NRIs) to subscribe to
the chit funds without limit on a non-repatriation
basis. The subscription to chit funds, however,
should come through the normal banking channel,
including through an account maintained with a
bank in India, the apex bank said.
172. The Union government has launched an insurance
pool of Rs. 1,500 crore, mandatory under the Civil
Liability for Nuclear Damage Act to offset the
financial burden on foreign nuclear suppliers in case
of an accident. The pool has been set up by General
Insurance Corporation of India and 11 other non-life
insurers, including New India, Oriental Insurance,
National Insurance and United India Insurance, from
the public sector, apart from private insurance
companies.
173. External Affairs Minister Sushma Swaraj triggered a
controversy by defending her recommendation to
the U.K. last year to provide travel documents to
former Indian Premier League chief Lalit Modi to

visit his wife, undergoing treatment for cancer in
Portugal, if the rules permitted.
174. Former Union Minister Sheila Kaul, a sister-in-law of
Jawaharlal Nehru and oldest surviving former
parliamentarian, died after brief illness at a hospital.
175. In a decision impacting over six lakh students across
the country, the Supreme Court cancelled the AllIndia Pre-Medical and Pre-Dental Entrance Test held
on May 3, 2015 due to exam fraud and ongoing
investigation.
176. First-time MLA Kapil Mishra was sworn in as a
Cabinet minister in the Delhi government and given
charge of the Law Department.
177. Indian Space Research Organisation (ISRO) will flight
test an indigenously developed re-usable satellite
launch vehicle for the first time this September.
178. Mt. Everest moved 40 cm to the northeast during
the recent devastating earthquakes in Nepal.
179. The banking system as a whole has been witnessing

higher level of non-performing assets (NPA). Staterun banks continue to report higher bad loans and
the gross non-performing assets as on March 31,
2015, stood at 5.17 per cent.
180. Rajasthan Chief Minister Vasundhara Rajes alleged
support to Lalit Modis efforts to immigrate to the
United Kingdom in 2011, a year after he fled
following FEMA charges, left the government
embarrassed.
181. Prime Minister Narendra Modi announced that
India would release detained Pakistani fishermen as
a gesture of peace to mark the holy month of
Ramzan.
182. Bharat Sanchar Nigam Ltd. plans to set up 40,000
Wi-Fi hotspots across the country in three years at a
cost of Rs. 6,000 crore to provide seamless Internet
connectivity.
183. Film actor and Trinamool Congress MP Mithun
Chakraborty surrendered Rs 1.2 crore, which he had
received from the scam tainted Saradha Group, to
the Enforcement Directorate.
184. An Egyptian court upheld a death sentence against
ousted Islamist President Mohamed Morsy for
plotting jailbreaks and attacks on police during the
countrys 2011 uprising.
185. Russias military this year alone will receive over 40
new intercontinental ballistic missiles capable of
piercing any missile defences, President Vladimir

Putin said.
186. Asian Development Bank proposes to increase
lending to India by almost 50 per cent to $12 billion
by 2018, ADB President Takehiko Nakao said.
187. NCP chief Sharad Pawar was elected president of
the Mumbai Cricket Association for a seventh twoyear term at the elections held.
188. Turning up the heat on the former Maharashtra
PWD Minister Chhagan Bhubal, the Enforcement
Directorate (ED) has booked him on money
laundering charges.
189. Microfinance company, Bandhan Financial Services
Ltd, said that it got the final nod from the Reserve
Bank of India (RBI) to set up a universal bank. The
bank is planned for launch in Kolkata the city
where Bandhan is headquartered on August 23.
Mr. Ghosh also said that the new Bank would start
operations in 27 States with around 500 to 600
bank branches and 10 million customers at its
launch. Further all the existing microfinance
businesses of the NBFC and the clients would be
transferred to the new bank.
190. The countrys foreign exchange reserves rose by
$1.575 billion and stood at $354.29 billion in the
week ended June 12, according to the Reserve Bank
of India's latest weekly data.
191. Former Delhi Law Minister Jitender Singh Tomar
was sent to Tihar jail by a court in the alleged fake
degree case.
192. India has taken up the issue of China blocking its
move at the United Nations to seek action against
Pakistan for releasing the 26/11 mastermind Zakiur-Rehman Lakhvi at the highest level with
Beijing.
193. Sister Nirmala, who succeeded Nobel laureate
Mother Teresa as the superior-general of the
Missionaries of Charity, died. She was 81.
194. James Horner, celebrated composer of musical
scores for several smash-hit movies, including
Titanic and Avatar , died in a plane crash at the age
of 61, colleagues said.
195. The Income Tax Department notified a new set of
income tax return forms for the assessment year
2015-16, and has extended the deadline for the
filing of returns to August 31.
196. Acting on the Supreme Court order to re-conduct
All India Pre-Medical and pre-Dental Test (AIPMT),
2015, the Central Board of Secondary Education has
decided to hold the exam on July 25.
197. In a historic decision, the Samajwadi Party

government has renamed the Lucknow Prani
Udyan, popularly known as Lucknow Zoo, as
Nawab Wajid Ali Shah Prani Udyan, Lucknow.
198. The Indian Mars Orbiter Mission (MOM) completed
its 100th orbit around Mars.
199. India has emerged as the third largest source of
Foreign Direct Investment (FDI) for United Kingdom
(UK) after United States (US) and France in terms of
number of projects.
200. The monsoon session of Parliament will start on July
21.
201. The Union Cabinet cleared the proposal for the
setting up of six new Indian Institutes of
Management (IIMs) in the country. The new IIMs
will be located at Visakhapatnam (Andhra Pradesh),
Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh),
Nagpur (Maharashtra), Sambalpur (Odisha) and
Amritsar (Punjab).
202. Australia announced that it would join the new
China-led Asian Infrastructure Investment Bank
(AIIB) as a founding member. The bank already has
57 prospective members.
203. The Reserve Bank of India (RBI) has extended the
date for the public to exchange their pre-2005
banknotes till December 31, 2015.
204. The Reserve Bank of India had decided to allow
banks to borrow from global multilateral financial
institutions for general banking business. They can
do so without seeking the central banks approval.
205. New Development Bank (NDB), also known as the
BRICS Bank, is expected commence operations and
start financing projects by April 2016, said its first
President K.V. Kamath at the CII National Council
Meeting.
GK Power Capsule July 2015 (The Hindu Review)

This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This has
been prepared on the basis of news and events appeared in The Hindu Newspaper in the month of July 2015.
1.
Ajay Mathur was appointed as the DirectorGeneral of The Energy and Resources Institute
(TERI). He succeeded RK Pachauri.
2. White House economic adviser Maurice Obstfeld
was appointed as Chief Economist of the
International Monetary Fund.
3. Bhanu Pratap Sharma was appointed as
Chairperson of Food Safety and Standards
Authority of India.
4. Pankaj Munjal was appointed as CMD of Hero
Motors Group.
5. Rakesh Sahni was appointed as the Chairman of
Narmada Valley Development Authority.
6. Lieutenant General Man Mohan Singh Rai was
appointed as the Vice-Chief of the Indian Army.
7. Senior IAS officer Sanjeev Nandan Sahai was
appointed as the Home Secretary of Delhi.
8. Sriram Kalyanaraman was appointed as Managing
Director and Chief Executive Officer of National
Housing Bank. He became the first person form the
Private Sector to head a Public Sector Financial
Institution.
9. U P Singh was appointed as the Interim CMD of Oil
India Limited.
10. Helena Ndume of Namibia and Jorge Sampaio of
Portugal were awarded with the first-ever Nelson
Rolihlahla Mandela Prize by the United Nations.
11. Historian Ramachandra Guha was chosen for the
Fukuoka Asian Culture Prize 2015 in the Academic
Category.
12. Film-maker Benoy Behl won the Best Documentary
Producer award at Madrid International Film
Festival.
www.bankersadda.com
13. Kerala Tourism's Muziris Heritage Project bagged

the 2015 Pacific Asia Travel Association (PATA)
award in the Heritage & Culture category.
14. Indian American woman Sunita Viswanath was
honoured as Champions of Change by the White
House of United States.
15. Modern Indian artist Sayed Haider Raza was

conferred with the highest French civilian honour,
the Commandeur de la Legion d Honneur (the
Legion of Honour).
www.careerpower.in
www.sscadda.com
Page 1
16. Indian American Professor Emeritus R. Paul Singh

was named for the GCHERA World Agriculture
Prize 2015. GCHERA stands for Global
Confederation for Higher Education Associations
for Agriculture and Life Sciences.
17. The World Food Prize Foundation announced to
confer the 2015 World Food Prize on Sir Fazle
Hasan Abed of Bangladesh.
18. Darshan Jain, an Indian-American teacher from
Illinois, US in July 2015 was named for prestigious
Presidential Award for Excellence in Mathematics
and Science Teaching by President Barack Obama.
19. Veteran Writer Vishwanath Tripathi was selected
for the 28th Moorti Devi Award for the year 2014
for his book Vyomkesh Darvesh. Vyomkesh
Darvesh is a lifetime story of Acharya Hazari Prasad
Dwivedi.
20. Prominent Indian-origin scientist Professor Kamal
Bawa was elected, along with other two Indianorigin scientists, to the Royal Society of London.
Other two scientists were- Ajay Sood and John
Kuriayn.
21. Russian cosmonaut Gennady Padalka entered
Guinness World Records for spending most
number of days in the space. He achieved the feat
by spending 804 days on the International Space
Station (ISS).
22. Former Finance Minster of China Jin Liqun was
nominated by China to be the first president of the
Beijing-backed Asian Infrastructure Investment
Bank (AIIB).
23. Prime Minister Narendra Modi returned to India
after his six-nation tour of Russia and five Central
Asian countries namely Kazakhstan, Kyrgyzstan,
Uzbekistan, Tajikistan and Turkmenistan. During
his tour, he met the leaders of the five nations
namely President of Tajikistan Emomali Rahmon,
President of the Kyrgyz Republic Almazbek
Atambaev, President of Turkmenistan Gurbanguly
Berdimuhamedov, President of Kazakhstan
Nursultan Nazarbayev, and President of Uzbekistan
Islam Karimov. During this visit, Modi also visited
Russia and attended the 7th BRICS summit and
2015 Shanghai Cooperation Organisation (SCO)
www.bankersadda.com
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
www.careerpower.in
held in Ufa. He flew back to India from Dushanbe

the capital city of Tajikistan, which was the last
stop of his visit.
Cartoonist Tom Moore, who gave life to the
cartoon character Archie, died.
Famous Hollywood actor Olaf Pooley passed away.
American actor best known for his role as Moe
Greene in crime drama The Godfather, Alex Rocco
died.
Noted Urdu fiction writer Dr Bisheshar Pradeep
died in Lucknow.
Veteran Telugu playback singer V Ramakrishna
passed.
Iconic Mexican musician Joan Sebastian passed
away.
Renowned Urdu novelist from Pakistan Abdullah
Hussain died.
Hollywood actress Diana Douglas died.
Former Chief Justice of India Y K Sabharwal passed
away.
Matti Makkonen, the man responsible for
conceiving the idea of short messaging service
(SMS) technology, died.
Patrick Macnee, star of the legendary Avengers TV
series, died.
Rajahmundry was in news as the Andhra Pradesh
Government formed a one-member committee to
probe stampede incident that killed 27 people on
the first day of Godavari Maha Pushkaram
celebrations.
The Great Wall of China, a UNESCO World Heritage
site, was in news as Beijing Times published a
survey report stating that around 30 percent of the
Wall disappeared overtime and around 1185 km of
the fortification are in poor condition.
India stood second among 40 countries in terms of
Confidence in National Government in 2014 as
per the Government at a Glance 2015 report that
placed Switzerland at the top with Norway coming
in third. The report was released by the
Organisation for Economic Co-operation and
Development (OECD).
Two Indian organizations Indian Army and Indian
Railways are among the world's biggest employers,
|
www.sscadda.com
Page 2
39.
40.
41.
42.
43.
44.
together employing around 2.7 million people, as

per a research published by the World Economic
Forum. Indian Railways was ranked at the eighth
place in the list of world's biggest employers with
1.4 million staff. Immediately after Indian Railways
is the Indian Armed Forces with 1.3 million people.
An unmanned American SpaceX rocket dubbed
Falcon-9 broke apart in flames minutes after lifting
off from Cape Canaveral in Florida on 28 June
2015.
The seventh BRICS (Brazil, Russia, India, China and
South Africa) summit was held from 8 to 9 July
2015 in the Russian city of Ufa. It was held under
the theme BRICS Partnership a Powerful Factor
of Global Development. Besides the BRICS summit
level meeting, the leaders held a summit with the
members of Shanghai Cooperation Organisation
(SCO) and the Eurasian Economic Union (EEU).
While the 6th BRICS summit was held at Fortaleza
in Brazil in 2014, New Delhi will be hosting the 8th
summit in 2016.
Former President of India Dr. APJ Abdul Kalam
launched the Rashtriya Avishkar Abhiyan (RAA) in
New Delhi. Rashtriya Avishkar Abhiyan is a concept
developed by the Ministry of Human Resource
Development.
India and Myanmar issued a joint statement on
bilateral cooperation after the conclusion of the
first meeting of the India-Myanmar Joint
Consultative Commission in New Delhi. The JCC
meeting was co-chaired by the External Affairs
Minister Sushma Swaraj and the Foreign Minister
of Myanmar U Wunna Maung Lwin.
Parliament of Greece gave its nod to the European
Union mandated austerity related legislative
measures, thus, paving the way for Greece to tap
into EU bailout funds. The EU Summit on 12 July
2015 gave in principle approval to a bailout
package worth between 82- 86 billion euro to
Greece subject to approval of following legislative
measures by the Greece Parliament.
Iran and P5+1 countries comprising of the United
States, the United Kingdom (UK), Russia, China,
France and Germany reached an agreement on the
www.bankersadda.com
Iran nuclear programme. The agreement

called Joint Comprehensive Plan of Action
(JCPA) or Vienna agreement was reached after 17
days of almost uninterrupted negotiations in
Vienna. Now, the Vienna agreement needs to be
ratified by the UN Security Council (UNSC) and will
come into force 90 days later.
45. The European Union Summit gave in principle
approval to a bailout package worth between 8286 billion euro to Greece. The Summit was held in
Brussels, Belgium. A final Memorandum of
Understanding (MoU) related to the bailout
package will be reached between the creditors and
Greece only after Greece undertakes certain
reforms specified under the European Stability
Mechanism (ESM) programme.
46. The United States of America formally designated
Tunisia as the 16th Major Non-NATO Ally (MNNA).
47. India and Pakistan were accepted as the full
members
of
the
Shanghai
Cooperation
Organisation (SCO). India that has had on the
observer status of the group for past 10 years will
become a full member of SCO by 2016. Now the
full membership status of SCO will require
approval by the six existing members (China,
Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and
Tajikistan).
48. India and Pakistan issued a Joint Statement in the

Russian city of Ufa after a bilateral meeting
between the Prime Ministers Narendra Modi and
Nawaz Sharif.
www.careerpower.in
www.sscadda.com
Page 3
49. Russian Direct Investment Fund signed framework

agreements
for
equity
investments
in
infrastructure projects in BRICS countries. The
agreement was signed at the BRICS summit in Ufa.
50. The central banks of Brazil, Russia, India, China and
South Africa (BRICS) signed Mutual Assistance
Agreement (MAA) aimed at operationalising the
BRICS Contingent Reserve Arrangement (CRA) of
100 billion US dollars.
51. India and Kazakhstan signed five agreements
during the two-day visit of Prime Minister
Narendra Modi to Kazakhstan.
52. Cuba became the first country to eliminate
mother-to-child (vertical) transmission of human
immunodeficiency virus (HIV) and syphilis in the
World. A validation in this regard was issued on 30
June by the WHO.
53. Super 30 initiative of mathematician Anand Kumar
was in news as it will now feature in a 90-minute
film The Big Day made by famous French director
Pascal Plisson.
54. White-Fi
technology or TV
White
Space
Technology was in news as Microsoft announced
plans to introduce this technology in India to
provide last mile connectivity and give a boost to
the Digital India initiative of Prime Minister
Narendra Modi. According to Microsoft, its
technology can provide free Wi-Fi connectivity to
the roughly one-billion Indians who don't have any
net access and it plans to start with International
Institute of Information Technology (IIIT) Bangalore
campus.
55. Vyapam (Vyavsayik Pariksha Mandal/Madhya
Pradesh Professional Examination Board) scam was
in news as Central Bureau of Investigation
constituted a special team of 40 officers, to probe
the multi-crore Vyapam scam of Madhya Pradesh.
The team will be headed by CBI Joint Director RP
Agarwal. The CBI constituted the team following
the direction of Supreme Court of India.
56. Operation Smile, a unique initiative of Ghaziabad
Police to track missing children.
57. To provide security to those devotees taking part
in the 59-day-long annual Amarnath Yatra in
www.bankersadda.com
Jammu and Kashmir, Indian Army in first week of

July 2015 launched Operation Shiva.
58. Filmmaker Vivek Agnihotri's Buddha in a Traffic
Jam won the Best Original Screenplay award in the
Foreign Language Category at the Madrid
International Film Festival, Spain.
59. Indigenously developed helicopter-launched Nag
(HeliNa) missile was test fired at the Chandhan
firing range in Jaisalmer, Rajasthan. HeliNa is a
variant of Nag anti-tank guided missile.
60. The book Green Signals: Ecology, Growth, and
Democracy in India was written by former Union
Environment and Forest Minister (Independent
Charge) Jairam Ramesh.
61. Book titled Transcendence: My Spiritual

Experiences with Pramukh Swamiji authored by
former President Dr APJ Abdul Kalam and Arun
Tiwari was released.
62. The Prime Minister (PM) Narendra Modi launched
Deendayal Upadhyay Gram Jyoti Yojana (DDUGJY)
in Patna.
63. The Supreme Court of India quashed pleas of
Union Government and Jat organizations asking
the court to reconsider its verdict that had
scrapped the March 2014 notification to include
Jats in the central list of the Other Background
Classes (OBC) category in nine states.
64. Union Government launched National Career
Counselling Portal to modernize all governmentrun employment exchanges.
65. Union Ministry of Urban Development launched
the National Heritage Development and
Augmentation Yojana (HRIDAY) for 12 cities in the
country from Amritsar in Punjab.
66. Prime Minister Narendra Modi promised to give
more than Rs 50,000 crore special package to
Bihar.
67. Food safety regulator FSSAI has come out with
quality and safety norms to regulate food or health
www.careerpower.in
www.sscadda.com
Page 4
68.
69.
70.
71.
72.
supplements, nutraceuticals, functional and

dietary foods and has sought public comments on
the same.
A P Shah Committee submitted report to the
government on applicability of minimum alternate
tax (MAT) on FIIs.
The government will be setting up a Rs 500 crore
fund for small and medium players in the
pharmaceutical sector for upgradation of their
manufacturing facilities to boost drug production
in the country.
NITI Aayog has constituted an expert panel to
suggest ways to promote innovation and
entrepreneur friendly ecosystem for pushing job
growth. Expert Committee is under the
Chairmanship of Prof Tarun Khanna and Jorge
Paulo Lemann.
Indian Railways assured that the ambitious Rs
81,459 cr worth Dedicated Freight Corridor (DFC)
project, meant for faster goods movement, will be
completed by 2019. Railways is constructing
Eastern Corridor from Ludhiana to Dankuni (1840
kms) and the Western Corridor from Dadri to
Jawaharlal Nehru Port (1502 kms).
Bibek Debroy committee on railways had recently
recommended private sector participation in the
railways.
73. Prime Minister Narendra Modis Smart City

initiative got its first nomination from Puducherry,
which was awarded 75 out of a potential 100
points by the High Powered Steering Committee
(HPSC).
www.bankersadda.com
74. Government has finalised a proposal to cap

premature withdrawals from the Employees
Provident Fund at 75 per cent of the total
accumulation in case of loss of employment. At
present, EPF subscribers can withdraw their entire
savings by showing that they have not been
employed for two months and can open a new
account on moving to a new job. The EPFO also
plans to raise the age for withdrawal of up to 90
per cent of the accumulation from the current limit
of 54 years to 57 years. Additionally, members
would be allowed to retain a part of the EPF and
the related Employees Pension Scheme (EPS) until
the age of 58 years from the current provision of
55 years.
75. A Rajya Sabha select committee on GST (Goods
and services tax) retained the 1% origin-based tax
on inter-state trade. Panel suggested that the
overall GST rate should not go beyond 20% while
maximum rate for merit goods could be 14%. The
panel also proposed 5-year full compensation to
states for any revenue loss arising from GST
adoption.
76. The government extended the interest subvention
scheme to banks to ensure availability of crop
loans of up to Rs 3 lakh to farmers at 7 per cent per
annum. Cabinet has approved an additional
interest subvention of 3 per cent per annum for
those farmers who repay on time.
77. Ministry of Railways has decided to grant
automatic refund of Confirmed/RAC e-tickets on
cancellation of Indian Railways trains similar to
wait-listed e-tickets.
78. The Income Tax department has launched e-filing
link on its official website for declaring illegal
foreign assets and black money using the one-time
compliance window notified recently by
government. The department has provided this
facility as the compliance window is valid only till
September 30. The tax and penalty on such
declared assets or funds can be paid till December
31. They would be required to pay a tax of 30 per
cent and a penalty of a similar amount. Those
holding illegal foreign assets abroad and not
www.careerpower.in
www.sscadda.com
Page 5
79.
80.
81.
82.
83.
84.
85.
86.
87.
88.
disclosing it by September 30 will have to liable for

tax and penalty totalling 120 per cent of the value
of undisclosed asset, rigorous imprisonment up to
10 years and action under Prevention of Money
Laundering Act.
Government has retained the sub-limits for foreign
portfolio investments in defence and privatesector banking at 24% and 49%, respectively.
China, the worlds second largest defence spender
after the US, will allow more private enterprises to
take part in its arms sector for development and
production of weapons.
Chief Minister Arvind Kejriwal inaugurated the first
Aam Aadmi Clinic at Peeragarhi Relief Camp in
West Delhi, and said that his government would
set up 1,000 such facilities within a year.
A New Jersey-based construction management
firm has been charged with bribing Indian officials
several crores of rupees to win two major water
developmental projects in Goa and in Guwahati.
The government has brought 39 more drugs under
the price control regime as a part of its efforts to
make medicines affordable in the country.
Railways have launched a programme to call
travelling passengers randomly on their mobile
phone to collect feedback to improve services. The
feedback is being collected about the cleanliness of
stations, platforms, trains, quality of catering, level
of cooling of AC, quality of food, punctuality of
trains and quality of bedrolls.
Prime Minister Narendra Modi said the National
Skill Development Mission, Pradhan Mantri
Kaushal Vikas Yojana and the Skill Loan Scheme
are determined efforts to create a Skilled India.
The Union Cabinet gave its approval for the signing
and ratification of an inter-governmental
agreement between India and Armenia, on
cooperation in the field of agriculture.
Cabinet approved setting up of an expert group
headed by Niti Aayog vice-chairman Arvind
Panagariya to classify the data released by SocioEconomic and Caste Census (SECC), 2011.
Centre announced the redevelopment of 400
stations across the country through a new PPP
www.bankersadda.com
89.
90.
91.
92.
93.
94.
95.
96.
97.
www.careerpower.in
route called Swiss Challenge, a bidding model

under which the first bidder is given a chance to
match the best bid.
The Cabinet gave its approval for the second phase
of E-Courts Mission Mode Project at an estimated
cost of Rs.1670 crore.
The government of Nagaland has prohibited
permanently the manufacture, storage, sale and
distribution of all forms of processed sweet
flavored/scented/chewable tobacco.
The government clarified that service charge
collected by certain restaurants and hotels is not
service tax, which is levied at a rate of 5.6 per
cent on the total bill.
The top acquisition committee of the Defence
Ministry cleared proposals worth over Rs 30,000
crore.
India received the largest amount of economic aid
from the United States between 1946 and 2012,
while Israel got the greatest quantity of military
assistance from the country, according to data
compiled by USAID.
U.S. Ambassador to India Richard Verma and
Indian Revenue Secretary Shaktikanta Das signed
an Inter-Governmental Agreement (IGA) to
implement the Foreign Account Tax Compliance
Act (FATCA) to promote transparency between the
two nations on tax matters.
India will be the worlds fastest growing economy
for the second consecutive year in 2016 at 7.5 per
cent, IMF said. The Finance Ministry expects GDP
growth to be 8-8.5 per cent in 2015-16, while the
Reserve Bank of India has estimated it at 7.6 per
cent.
Prime Minister Narendra Modi proposed the BRICS
nations host an annual trade fair, adding that India
would be happy to host the first such event of the
five-nation bloc.
In view of the summer rush, Indian Railways has
decided to press Suvidha trains where the
minimum fare shall be tatkal fare, into service for
various busy routes.
www.sscadda.com
Page 6
98. The government has decided to fix the kerosene

subsidy that the Union Budget would provide for in
the current fiscal at Rs 12 a litre.
99. Government hiked the minimum wage for workers
from the existing Rs 137 to Rs 160 per day. The
increased wages will be applicable from July 1.
100. Indias rural employment guarantee programme
MNREGA has been ranked as the worlds largest
public works programme, providing social security
net to almost 15 per cent of the countrys
population, World Bank has said.
101. India has overtaken the US to become the worlds
third largest steel producer only after China and
Japan.
102. The government said it is committed to
accomplishing the target of 1,75,000 MW
renewable energy including 1,00,000 MW solar
energy by 2022.
103. Telephone connections in the country have

crossed the 1 billion mark, with mobile phones
accounting for around 978 million, telecom
minister Ravi Shankar Prasad said.
104. Tax-free bonds worth Rs 40,000 crore are
returning to the market after a gap of one year.
These bonds will have tenures of 10, 15 and 20
years. National Highways Authority of India will
make the largest offering (Rs 24,000 crore). The
Indian Railway Finance Corporation (Rs 6,000
crore), the Housing and Urban Development
Corporation (Rs 5,000 crore) and the Indian
Renewable Energy Development Agency (Rs 2,000
crore), NTPC (Rs 1,000 crore), Rural Electrification
Corporation (Rs 1,000 crore) and Power Finance
Corporation (Rs 1,000 crore) are the other firms to
raise funds through this route in the current year.
105. Bangalore has been ranked 12th in the list of top
20 technology-rich cities in the world, according to
a survey conducted by global property consultant
www.bankersadda.com
Jones Lang LaSalle (JLL). London, San Jose and

Beijing are top three cities on the list.
106. The Reserve Bank of India (RBI) has extended the
date for the public to exchange their pre-2005
banknotes till December 31, 2015.
107. More than 6.5 lakh people nationwide have
surrendered their subsidy for gas cylinders after
the Union government launched its Give it Up
campaign.
108. The Reserve Bank of India had decided to allow
banks to borrow from global multilateral financial
institutions for general banking business. They can
do so without seeking the central banks approval.
109. New Development Bank headed by K.V. Kamath is
expected commence operations and start
financing projects by April 2016.
110. RBI Governor Raghuram Rajan has asked central
banks from across the world to define new rules
of the game as he warned that the global
economy may be slipping into problems similar to
the Great Depression of the 1930s. He was
addressing a London Business School (LBS)
conference.
111. Germanys oldest remaining nuclear reactor has
been shut down, part of a move initiated four
years ago to switch off all its nuclear plants by
2022.
112. The seventh Parliament of Sri Lanka has been
dissolved with immediate effect. The country will
go to the polls on August 17.
113. The district Magistrate of Nadia along with chief of
Nadia Zilla Parishad in West Bengal was presented
the United Nations Public Services Award 2015 for
eliminating open defecation in the district.
114. India and Thailand will sign a double taxation
treaty and MoU for setting up an Ayurveda Chair in
one of the Thai Universities during the three-day
visit of External Affairs Minister Sushma Swaraj.
115. Foreign exchange reserves jumped $1.17 billion to
touch a new high at $355.46 billion in the week
ended June 19, driven by a sharp rise in foreign
currency assets, according to RBI data.
116. During his Mann ki Baat radio address, Prime
Minister Narendra Modi spent a good amount of
www.careerpower.in
www.sscadda.com
Page 7
time speaking on the welfare of girls and women.

He mentioned that a Sarpanch of Bibipur village in
Haryana, Sunil Jaglan, had started a Selfie with
daughter competition.
117. India and 49 other founding members (Total 57
prospective founding members)of the Asian
Infrastructure Investment Bank (AIIB) signed
articles that determine each countrys share and
the lenders initial capital. The remaining seven
founding members can sign the agreement before
December 2015. Bank will be headquartered in
Beijing, and will have an initial authorised capital
stock of $100 billion.
118. India is the Asian Infrastructure Investment Banks
second largest shareholder with a stake of 8.52 per
cent and a voting share of 7.5 per cent. The voting
shares are based on the size of each member
countrys economy and not contribution to the
banks authorised capital. Chinas shareholding is
30.34 per cent and it has retained 26.06 per cent
of the voting rights with veto powers for certain
key decisions. Apart from China and India, some of
the countries which signed the agreement are
Australia, Austria, Azerbaijan, Bangladesh, Brazil,
Brunei Darussalam, Cambodia, Egypt, Finland,
France, Georgia, Germany, Iceland, Indonesia, Iran,
Israel and , Italy, Jordan, Kazakhstan, Kyrgyz
Republic, Lao PDR, Luxembourg, Maldives, Malta,
Mongolia, Myanmar, Nepal, Netherlands, New
Zealand, Norway, Oman, Pakistan, Portugal, Qatar,
Republic of Korea, Russia, Saudi Arabia, Singapore,
Spain, Sri Lanka, Sweden, Switzerland, Tajikistan,
Turkey, the U.A.E and the U.K.
119. The Ministry of Environment and Forests has
started 24x7 real-time monitoring of polluting
agencies in order to crack down on industries
violating environmental norms.
120. Top corporates pledged investments of Rs. 4.5 lakh
crore for initiatives to support Prime Minister
Narendra Modis pet project Digital India, while
also promising to create about 18 lakh jobs in the
country.
www.bankersadda.com
121. The United States and Cuba have agreed to open

embassies in each others capitals after more than
a half-century of hostilities.
122. The World Bank has approved an additional loan of
$650 million for the Eastern Dedicated Freight
Corridor.
123. Indias GDP crossed the $2-trillion mark in 2014,
according to data released by the World Bank in
Washington.
124. Veteran actress and Mathura BJP MP Hema Malini
was injured in a road accident in Dausa while on
her way to Jaipur.
125. The Joint Committee on Salaries and Allowances of
Members of Parliament, headed by BJP MP Yogi
Adityanath, has sought doubling of the salary of
MPs from the existing Rs. 50,000 per month,
increasing the pension of ex-MPs from Rs. 20,000
to Rs. 35,000, and doubling the daily allowance of
members when Parliament is in session, from Rs.
2,000 to Rs. 4,000.
126. The Socio Economic and Caste Census 2011 (SECC)
released has found that 36 per cent of the 884
million people in rural India are illiterate.
127. State-run operator BSNL launched a pre-paid card
linked mobile wallet service speed pay which
would allow its customers to transfer money, pay
for services as well as withdraw cash of up to Rs. 1
lakh.
128. HDFC Bank has become the first bank in India to
launch Watch Banking for Apple Watch.
129. Union Public Service Commission declared results
of the prestigious Civil Services examination. All
the four top ranks have gone to women
candidates. Ira Singhal from Delhi who topped the
examination this year became the first physically
challenged woman to top the Civil Services
examination in the general category.
130. The MUDRA (Micro Units Development and
Refinance Agency) card under the Pradhan Mantri
MUDRA Yojana (PMMY) scheme was launched by
the Corporation Bank.
131. Supreme Court asked six national parties, including
the BJP and the Congress, to come clean and
explain their hesitation in disclosing complete
www.careerpower.in
www.sscadda.com
Page 8
details of their income, expenditure, donations and

funding, including donor details, to the public
under the Right to Information Act.
132. Prime Minister Narendra Modi strongly and
clearly conveyed Indias concern to President Xi
Jinping over China blocking a proposal for action by
the U.N. against Pakistan on the release of jailed
Mumbai attack mastermind Zaki-ur-Rehman
Lakhvi.
133. For the first time in India, a system to detect
earthquakes and disseminate warnings has been
installed in Uttarakhand, where researchers have
predicted an earthquake of magnitude 5 or
greater. It will issue warnings 1-40 seconds before
earthquakes of magnitude 5 occur.
134. To encourage retail participation in government
bonds, top stock exchange BSE said that a
mechanism would be in place in the next 6-9
months for a public offer of such debt instrument.
The government can raise funds by initial public
offer (IPO) of the government bonds through the
e-IPO system.
135. The Reserve Bank of India (RBI) placed on its
website the final guidelines on Pre-paid Payment
Instruments for Mass Transit System (PPI-MTS)
enabling the issuance of a separate category of
semi-closed pre-paid payment instruments for
mass transit systems. The PPI-MTS would have a
minimum validity of six months and an outstanding
limit of Rs.2,000 at any point of time.
136. In the heaviest commercial launch, the Indian

Space Research Organisations Polar Satellite
Launch Vehicle (PSLV C-28) launched five satellites,
www.bankersadda.com
weighing 1,440 kg for a United Kingdom-based

company. PSLV C-28 launched three identical mini
satellites of the Disaster Monitoring Constellation
(DMC), besides two technology demonstrators
CBNT-1 and De-OrbitSail for Surrey Space
Technology Limited.
137. On the World Population Day, India recorded a
population of 127,42,39,769, which is growing at a
rate of 1.6 per cent a year, and could make the
country the most populous in the world by 2050.
138. The SAARC satellite mooted by India to provide
communication and meteorological services to
SAARC member-countries is likely to be launched
by the Indian Space Research Organisation (ISRO)
in December 2016.
139. Civil Aviation Minister Ashok Gajapathi Raju
launched the GPS-Aided Geo Augmented
Navigation (GAGAN) system, which will offer
seamless navigation to the aviation industry. The
Indian Space Research Organisation (ISRO) and the
Airports Authority of India (AAI) developed the
system, at a cost of Rs. 774 crore.
140. Consumer price index (CPI) inflation rose in June
2015 to 5.4 per cent from 5.01 per cent in May.
141. Wholesale Price Index (WPI) inflation dipped
marginally in June 2015 to -2.4 per cent from -2.36
per cent in May.
142. Centre agreed to consider a demand from the
States that they be allowed the flexibility to frame
their own laws for land acquisitions or continue to
look for a consensus on The Right to Fair
Compensation and Transparency in Land
Acquisition, Rehabilitation and Resettlement
(Amendment) Second Ordinance, 2015.
143. A special Terrorist and Disruptive Activities
(Prevention) Act court has issued the death
warrant against Yakub Memon, a convict in the
1993 Mumbai serial blast case.
144. The Reserve Bank of India (RBI) plans to come out
with a medium term five-year measurable action
plan for financial inclusion in the country. The
central bank has also set up a committee to work
out this plan under the chairmanship of Deepak
Mohanty, Executive Director of RBI.
www.careerpower.in
www.sscadda.com
Page 9
145. The government panel chaired by A.K. Bhargava,

on Net neutrality has recommended that apps
offering domestic calling be brought under the
regulatory framework prescribed for telecom
operators, but those providing messaging and
international calling services over the Internet be
kept free from licensing requirements.
146. Competition Commission of India (CCI) has fined
four public sector insurance firms to the tune of
Rs.671 crore, finding them guilty of involving in
anti-competitive practices in bidding for Kerala
governments Rashtriya Swasthya Bima Yojna
(RSBY), an insurance scheme for people below
poverty line.
147. The Reserve Bank of India directed banks to ensure
that their overall direct lending to farmers should
not fall below the average of last three years.
148. The Railway Ministry has done away with the need
for providing photocopy of identity card or
indicating its number at the time of booking Tatkal
tickets from September 1.
www.bankersadda.com
149. The Reserve Bank of India (RBI) signed a currency

swap agreement with the Central Bank of Sri
Lanka. Under this agreement, Sri Lanka can draw a
maximum of $1.1 billion for a period of up to six
months.
150. China has confirmed its participation in the Indian
International Fleet Review (IFR) in Visakhapatnam
in February 2016. This is the first time the Chinese
Navy will take part in the event. 90 nations have
been invited in this fleet.
151. British cosmologist Steven Hawking launched the
biggest-ever search for intelligent life in the
universe in a 10-year, $100-million (143-millioneuro) project to scan the heavens. The
Breakthrough Listen project, backed by Russian
Silicon Valley entrepreneur Yuri Milner, will be the
most powerful, comprehensive and intensive
scientific search.
152. The U.N. Security Council (UNSC) unanimously
adopted a resolution that endorses the historic
deal on Irans nuclear programme and clears a
path for international sanctions crippling its
economy to be lifted.
153. Greeces government hiked taxes and began
paying billions of dollars to its creditors on 21 July,
as banks reopened following a three-week
shutdown imposed to prevent a disastrous run on
cash machines.
154. The audit, done by an independent agency in the
two metros, on behalf of Telecom Regulatory
Authority of India, found that Tata (CDMA) in Delhi
and Bharti Airtel in Mumbai are the only service
providers meeting the benchmark of less than 2
per cent call drops. In Delhi, the highest call drop
rate was that of Reliance (17.29 per cent), followed
by Airtel (8.04 per cent), Aircel (5.18 per cent),
Vodafone (4.28 per cent) and Idea (2.84 per cent).
The call drop rate for Tata (CDMA) stood at 0.84
per cent. The situation is no better in Mumbai with
Idea registering the highest call drop rate of 5.56
per cent, followed by Tata (GSM) (5.51 per cent),
Vodafone (4.83 per cent), Aircel (3.19 per cent)
and Reliance (2.29 per cent). For Airtel, this was
0.97 per cent.
www.careerpower.in
www.sscadda.com
Page 10
155. Nuclear power generation in India which is

currently at 5,780 MW from 21 operational
reactors is expected to increase to 10,080 MW on
progressive completion of projects under
commissioning/ construction by 2019.
156. Non-resident Indians (NRIs) can invest in National
Pension System (NPS) to get a social security cover,
Pension Fund Regulatory and Development
Authority (PFRDA) Chairman Hemant Contractor
said.
157. The Union government proposed to strip the

Reserve Bank Governors veto vote on Indias
monetary policy. The government also proposed to
grant itself the power to appoint four of the six
members of the Monetary Policy Committee,
whose remit will include decisions on setting
interest rates to maintain inflation at the targeted
level. The revised draft of the Indian Financial
Code, put out by the Union Finance Ministry for
comments, proposes that the Reserve Bank
Chairperson shall head the committee, with no
reference to the Governor. The Reserve Banks
Board will nominate one of its executives as the
fifth member of the committee. The Chairperson
will nominate one of its employees as the sixth
member.
158. IDFC Bank plans to start operation from October 1.
159. Fullerton India, a non-banking finance company,
plans to enter mortgage business. National
Housing Bank has accorded permission to Fullerton
India to set up a fully-owned subsidiary as
Fullerton India Home Finance Company Limited
(FIHFC).
160. The government has decided to infuse capital to
the tune of Rs 20,000 crore in public sector banks,
Financial Services Secretary Hasmukh Adhia said.
50% or Rs 10,000 crore of this money will find its
way to "weak" banks. This money is likely to
strengthen balance sheets of banks reeling with
high non-performing assets and bad loans. In his
www.bankersadda.com
union budget for the fiscal presented in February,

Finance Minister Arun Jaitley had said that the
government has earmarked slightly under Rs 8000
crore for capital infusion purposes for the current
year.
161. Bharat Heavy Electronics Limited (BHEL) has signed
three strategic agreements with Kazakhstan
companies in order to deepen its roots in Central
Asia.
162. The two leading financial news operations from
Europe and Asia are now together, as Nikkei
Japanese media group is going to buy the Financial
Times from Britains Pearson in a $1.3 billion.
163. India is going to become the most populous nation
in the world by surpassing China in 2022. It was
revealed in recently released United Nations
report titled World Population Prospects: The
2015 Revision indicating Indias population growth
within next seven years.
164. Indian writer Anuradha Roy's latest work on the
malaise of sexual abuse in India has been
shortlisted for the Man Booker Prize 2015.
165. Kotak Mahindra Bank (KMB) launched a mobile
banking app Kotak Bharat aiming to provide
mobile banking services to customers in the
remotest regions of India. The Android-based app
is specifically designed to provide banking service
to customers in the under-banked and un-banked
regions with provision to use service in their
preferred language.
166. Mobile marketplace and payments site Paytm has
bagged the title sponsorship rights of BCCI (Board
of Control for Cricket in India) for Rs. 203 crore.
Shankar Nath,
Senior Vice-President, Paytm told Business Line
that the sponsorship rights were acquired for all
the 84 series India will play till 2019. Paytm will pay
Rs. 2.42 crore for every international match hosted
by BCCI. The first home series will be against South
Africa starting September.
167. Whistleblower bureaucrat Sanjeev Chaturvedi and
human rights activist Anshu Gupta are among five
persons from India, Laos, Myanmar, and the
Philippines who will receive Asias coveted Ramon
Magsaysay Award. The 2002-batch Indian Forest
Service officer, who is currently embattled in a
protracted battle with the Centre over alleged
harassment for his tough stance on graft, was the
former Chief Vigilance Officer (CVO) at the AIIMS in
New Delhi.
www.careerpower.in
www.sscadda.com
Page 11
168. Gujarat became the first state to have a provision

for compulsory voting with the state government
on Monday putting out a notification in this
regard. Besides making voting mandatory in the
local body polls, the communiqu, dated July 17,
announced the reservation of 50 per cent seats for
women in municipal corporations,municipalities,
and village panchayats.
169. Former President A.P.J. Abdul Kalam, widely
acclaimed as the peoples President, passed
away after collapsing during a lecture at the Indian
Institute of Management in Shillong. Mr. Kalam
(83), who was President between 2002 and 2007,
took the lead in the conduct of Indias nuclear tests
in May 1998 and was later fielded as the National
Democratic Alliance candidate by then Prime
Minister A.B. Vajpayee. Mr. Kalam, the countrys
11th President, was one of Indias most eminent
scientists, and had the unique honour of receiving
honorary doctorates from 30 universities and
institutions.
170. The Indian government has sanctioned around
Rs.1,000 crore for a 15-km India-Bangladesh
railway project, an official said on Sunday. The
union government on Saturday communicated to
www.bankersadda.com
Tripura that it had sanctioned Rs.580 crores to lay

the rail tracks and acquire required land in Tripura,
Transport Secretary Samarjit Bhowmik said.
171. Information Technology Secretary Ram Sevak
Sharma on Monday was appointed chairman of the
Telecom Regulatory Authority of India (Trai).
Sharma was set to retire in September as secretary
of department of electronics and information
technology. A 1978-batch IAS officer of the
Jharkhand cadre, he was a probable choice
because of his familiarity with the telecom and IT
sector.
172. German driver Sebastian Vettel delivered an
emotional high-speed tribute to his late colleague
Jules Bianchi on Sunday when he stormed to
victory for Ferrari in a dramatic and incident-filled
Hungarian Grand Prix. The four-time world
champion claimed his second victory of the season
and 41st of his career -- drawing him level with the
late Brazilian legend Ayrton Senna in equal third
on the all-time list -- after leading from the start to
dominate a thrilling and unpredictable contest.
The Red Bull pair of Russian Daniil Kvyat and
Australian Daniel Ricciardo finished in second and
third respectively.
www.careerpower.in
www.sscadda.com
Page 12
www.bankersadda.com
www.careerpower.in
www.sscadda.com
Page 13
THE HINDU-NEWS REVIEW (AUGUST 2015)

been prepared on the basis of news and events appeared in The Hindu Newspaper in the month of August 2015.
ECONOMY NEWS (INDIA AND WORLD)
1. RBI kept its policy rates unchanged in its 3rd Bimonthly monetary policy review on 4th Adug 2015.
a. Bank Rate 8.25 % (Unchanged)
b. Cash Reserve Ratio 4 % (Unchanged)
c. Statutory Liquidity Ratio 21.5 % (Unchanged)
d. Repo Rate 7.25 % (Unchanged)
e. Reverse Repo Rate 6.25 % (Unchanged)
f. Marginal Standing Rate 8.25 % (Unchanged)
2. RBI notified Section 23 of the Banking Regulation
Act, 1949 -Relaxations in Branch Authorisation
Policy. The notification allows banks to shift, merge
or close branches, in urban areas, at their own
discretion.
3. RBI decided to put into circulation 10 rupees coins
to commemorate the International Day of Yoga.
4. HDFC Bank launched Dhanchayat, an educational
film to create awareness on the dangers of
borrowing money from the unorganised sector. The
film was launched under the aegis of Swachh
Banking.
5. SEBI moved the Supreme Court seeking the
appointment of a receiver to auction off Sahara
groups domestic and offshore properties to raise
money to recover liabilities of over Rs 36,000 crore,
after chairman Subrata Roy has failed to raise even
Rs 10,000 crore to secure his release from jail.
6. SEBI barred 59 entities, including HNIs, from
securities markets and also referred the case to the
Income Tax Department for further investigations.
7. The International Monetary Fund (IMF) said it will
freeze its benchmark currency basket Special
Drawing Rights until October 2016, giving markets
more time to adjust to the possible addition of
Chinas yuan as part of a review of global reserve
currencies.
8. Chinas central bank has made USD 17 billion
available to more than a dozen financial institutions
to help boost the economy, it said, a day after
injecting nearly USD 100 billion into two
government policy banks.
9. Global rating agency Moodys Investors Service
trimmed Indias growth forecast for the current
fiscal to around 7% from 7.5% predicted earlier,
citing risks from a deficient monsoon season.
www.bankersadda.com
10. Indias exports fell by 10.3% to $23.1 billion in

July, their eighth consecutive month of contraction,
reflecting the sluggish global commodity prices.
11. The Centre declared that the second and fourth
Saturday of every month would be a holiday for
banks, with effect from September 1, 2015.
12. ICICI Bank launched the first of its kind fully
automated digital locker Named Smart Vault which
would be available to customers even on weekends
and post banking hours.
13. The government has estimated capital requirement

of PSU banks over four years till 2018-19 at Rs 1.80
lakh crore. Of this, the government would infuse Rs
70,000 crore, while the remaining Rs 1.10 lakh
crore would be raised from market. As per
www.careerpower.in
www.sscadda.com
Page 1
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
governments capital infusion plan, Rs 25,000 crore

would be infused in 2015-16 and 2016-17 and Rs
10,000 crore each in 2017-18 and 2018-19.
Banks may not get to use gold mobilised under the
proposed gold monetisation scheme to meet the
cash reserve ratio (CRR) requirement as the
Reserve Bank of India has opposed the move that
could dilute the effectiveness of this monetary
policy tool.
Government sought Parliaments approval to infuse
Rs 70,000 crore into public sector banks (PSBs) out
of budgetary allocations between FY16 and FY19.
Wholesale price inflation hit a record low of -4.05%
in July, as the steepest fall in food inflation in at
least a decade further deepened a broad-based
slowdown in input prices.
Retail inflation unexpectedly hit a record low of
3.78% in July as food inflation plunged.
Chinas central bank devaluate its currency yuan by
2 percent.
Standard & Poors Ratings Services lowered its
outlook on the European Union to negative from
stable.
IDFC Bank is set to start lending operations from
October 1.
Yes Bank informed BSE that it had raised Rs.315
crore through the issue of Green Infrastructure
Bonds to International Finance Corporation (IFC),
Washington, on a private placement basis.
The Employees Provident Fund Organisation
(EPFO), for the first time since its inception in
1951, would invest in equities with a corpus of
Rs.5,000 crore initially through SBI Mutual Fund.
SEBI notified new norms. In which firms in which
public shareholders own stocks worth Rs.1,000
crore will now be able to access this route through
a follow-on public offer (FPO). Currently, the
minimum requirement is Rs.3,000 crore. The
minimum public holding requirement for a rights
offer is Rs.250 crore.
NEW APPOINTMENT (WORLD)

1. Ranil Wickremesinghe was sworn in as the Prime
Minister of Sri Lanka. He was administered the oath
of
office
by
President
Maithripala
Sirisena. Wickremesinghe had served the country
as its Prime Minister on three occasions.
2. Indian-American Atul Keshap was appointed as the
United States (US) Ambassador to Sri Lanka and
Maldives.
NEW APPOINTMENT INDIA
1. Ashwani Lohani was appointed as CMD of Air India.
2. Former Cabinet secretary Ajit Kumar Seth was
appointed as the Chairman of the Public Enterprises
Selection Board.
www.bankersadda.com
3.
Om Prakash Rawat was appointed as the Election

Commissioner of India.
4. Justice Jayant Patel was appointed as acting Chief
Justice of the Gujarat High Court.
5. Swati Maliwal took charge as the Chairperson of
Delhi Commission for Women.
6. Ashish Bahuguna was appointed as the Chairman
of food safety regulator Food Safety and Standards
Authority of India (FSSAI).
7. Ram Sevak Sharma was appointed as the Chairman
of telecom regulator Telecom Regulatory Authority
of India.
8. Acharya Dev Vrat was sworn-in as the Governor of
the Himachal Pradesh.
9. Bollywood megastar Amitabh Bachchan was
announced tiger ambassador of Maharashtra.
10. Ram Nath Kovind (69) and Acharya Dev Vrat (56)
were appointed Governors of Bihar and Himachal
Pradesh, respectively.
AWARDS & HONOURS

1. Bangladesh novelist Zia Haider Rahman won the
James Tait Black award 2015 for his debut novel In
the Light of What We Know.
2. Prof. Mustansir Barma won the prestigious Gujar
Mal Modi Award for Innovative Science and
Technology for the year 2015.
3. President of India, Pranab Mukherjee presented the
24th Saraswati Sammaan for the year 2014 to Dr.
M Veerappa Moily, Member of Parliament (Lok
Sabha) in New Delhi. He received the award for his
epic Sri Ramayana Mahanveshanam written in
Kannada.
4. Goa Tourism Minister Dilip Parulekar received the
Pacific Area Travel Writers Association (PATWA) Safari India South Asia Travel Award 2015.
5. Mathematician Doctor Amalendu Krishna won the
Ramanujan Prize for year 2015.
6. Helena Ndume of Namibia and Jorge Sampaio of
Portugal were awarded with the first-ever Nelson
Rolihlahla Mandela Prize by the United Nations.
www.careerpower.in
www.sscadda.com
Page 2
7.
8.
9.
Chief Minister Jayalalithaa presented the first APJ

Abdul Kalam award to Indian Space Research
Organisation (ISRO) scientist N. Valarmathi, who
led the team that successfully launched Radar
Imaging Satellite RISAT-1 in 2012.
Prime Minister Narendra Modi presented The
Hindus senior journalist Gargi Parsai with the
prestigious Indian Council of Agricultural Research
(ICAR) award.
Whistleblower officer Sanjeev Chaturvedi and
human rights activist Anshu Gupta are among the
five winners of the Ramon Magsaysay Award this
year.
6.
7.
8.
9.
10.
11.
VISITS
1. Prime Minister of India Narendra Modi visited
United Arab Emirates. He is the first Prime Minister
of India to visit UAE after 34 years. He also visited
the historic Sheikh Zayed Grand Mosque in Abu
Dhabi.
PLACE IN NEWS(INDIA AND WORLD)
1. Dinanagar town in Gurdaspur district of Punjab was
in news as on 27 July 2015 it witnessed a terrorist
attack that killed seven people including 4
policemen.
2. Kochi became the first Indian city to be a member
of Beijing headquartered World Tourism Cities
Federation Council.
3. Cyclone Komen came into news after the
depression over the Northern Bay of Bengal turned
into a cyclonic storm.
4. e-Tourist Visa scheme was extended to China,
Hong Kong and Macau with effect from 30 July
2015. With
the
inclusion
of
these
countries/territories,
the
total
number
of
countries/territories covered under the e-Tourist
Visa scheme will go up from 74 to 77.
5. Bangladesh became the first country to receive
funds from the United Nations for its fast growing
solar home systems.
www.bankersadda.com
12.
13.
14.
15.
16.
17.
18.
19.
www.careerpower.in
Sri Lanka government announced its decision to

repair and renovate one Hindu and one Buddhist
temple in Nepal that was destroyed in the recent
earthquake.
Greece is receiving the first 13 billion-euro ($14.5
billion) payment of its new bailout, with 12 billion
euros earmarked for repaying debts and the
remainder for settling arrears to public sector
suppliers.
Indias first high-voltage, direct-current (HVDC)
transmission line, connecting the northern states
with the north-eastern ones, will be operational on
August 31.
The Cochin International Airport Ltd (CIAL) has
become the first airport in the country to be
completely powered by solar power with the
commissioning of a 12-MW solar project.
Delhi government announced a new scheme
City Taxi under which permits will be issued to
600cc vehicles which will charge Rs 10 per km.
Declaration of Kerala as a complete digital state
and announcement of a new youth programme in
memory of former President, the late A P J Abdul
Kalam marked Independence Day celebrations in
the state. The state has achieved 100 per cent
mobile density, 75 per cent e-literacy, highest
digital banking rate and broadband connection upto
panchayat level.
For the first time in history, Delhi is officially the
rape capital of India. The city reported 1,813
rapes in 2014, up from 1,441 in 2013.
Ahead of the Assembly elections in Bihar, Prime
Minister Narendra Modi announced a package of
Rs. 1.25 lakh crore for the State at a function in
Ara.
The Kullu district administration imposed a ban on
plying of diesel and petrol-driven vehicles in
Rohtang Pass in compliance with the orders of the
National Green Tribunal.
Mysore has topped the Swachh Bharat rankings
among 476 cities in the country with three more
places from Karnataka figuring in the top 10.
Uttar Pradesh governments ambitious Lucknow
Metro project got clearance from the Union ministry
of finances Public Investment Board (PIB).
Mumbai, Kolakata, Lucknow, Jaipur, Ranchi and
Bhubaneswar are among the cities who have found
place in the coveted Smart Cities project list with
Uttar Pradesh bagging maximum 13 nominations.
Technology giant Microsoft has agreed to work with
the Andhra Pradesh government on White Spaces,
technology that uses unused television spectrum to
deliver low-cost Internet connectivity.
The Maharashtra government has asked film actor
Amitabh Bachchan and cricket legend Sachin
www.sscadda.com
Page 3
20.
21.
22.
23.
24.
25.
Tendulkar to assume the role of tiger

ambassadors.
Indian High Commissioner to Islamabad TCA
Raghavan and his wife Ranjana met Geeta, the
hearing and speech impaired girl of Indian origin
who has been living in Karachi for over 15 years
after she strayed into Pakistani territory.
Uttar Pradesh Chief Minister Akhilesh Yadav
announced that Ketan Mehata-directed film Manjhi:
The Mountain Man starring Nawazuddin Siddiqui
would be exempted from entertainment tax.
In what can be seen as a formation of an anti-NDA
government alliance, a seminar organised by the
Aam Aadmi Party is bringing Modi rivals together.
CPI (M) general secretary Sitaram Yechury met
Delhi Chief Minister Arvind Kejriwal and confirmed
his and Tripura Chief Minister Manik Sarkars
participation. The seminar on Centre-State relations
and co-operative federalism is scheduled to take
place on September 22.
A Pakistani militant was captured and another killed
after they attacked a Border Security Force convoy
in Udhampur.
A special court in Mumbai issued a non-bailable
warrant against Lalit modi in a case of alleged
money-laundering.
The Bombay High Court revoked the nationwide
ban on Maggi noodles but in the interest of public
health, ordered fresh testing of all variants of the
product to be completed within six weeks.
SCIENTIFIC NEWS/DEFENCE NEWS

1. NASA signed a contract worth 490 million US
dollars with Russia's space agency Roscosmos for
carrying the US astronauts to the International
Space Station.
2. Indias first Integrated Underwater Harbour
Defence and Surveillance System (IUHDSS) was
commissioned in Kochi, Kerala.It is Designed by
Israel Aerospace Industries (IAI) & consists of
advance sensors, coastal surveillance radars and
sound navigation and ranging systems (SONAR).
MEETINGS/SUMMITS
1. 2015 US - India Cyber Dialogue was held at the US
Department of State in Washington, DC.
2. The 48th ASEAN (Association of Southeast Asian
Nations) Foreign Ministers meet was held in Kuala
Lumpur, Malaysia between.
3. The ninth edition of the biennial defence trade
exhibition, Defexpo India 2016, will take place in
Goa in February.
www.bankersadda.com
4.
India will host the heads of 14 island nations at the

Forum for India-Pacific Islands Cooperation (FIPIC)
in Jaipur.
MISCELLANEOUS
1. Union
Governments
ambitious
Pratyaksha
Hastaantarit
Laabh
(PAHAL)
scheme
was
acknowledged as the worlds largest cash transfer
program (households) by the Guinness Book of
World Records.
2. Two trains, Kamayani Express and MumbaiJabalpur Janata Express, derailed while crossing a
swollen Machak river in Harda District of Madhya
Pradesh.
3. Pakistans Lahore High Court banned the release of
Bollywood movie Phantom in Pakistan.
4. Uttar Pradesh Government announced that two
films namely Masaan and Jaanisaar will be free
from the entertainment tax in the state.
5. The Union Ministry of Petroleum & Natural Gas
announced Marketing of High Speed Diesel blended
with Bio-diesel in selected retail outlets of OMCs in
New Delhi & Vishakhapatnam, Haldia and
Vijayawada.
6. Rajasthan High Court banned the Santhara ritual
prevailing in the Jain Community.
7. The Supreme Court dismissed a curative petition of
Union Government against commutation of the
death penalty of three convicts namely Santhan,
Murugan and Perarivalan of Rajiv Gandhi
assassination case.
8. Forbes released the list of 2015 World's HighestPaid Actors. The list was topped by Robert Downey.
Amitabh Bachchan and Salman Khan stood at
seventh position with earnings of 33.5 Million US
dollar. Akshay Kumar stood at ninth position with
earnings of 32.5 Million US dollars.
9. India foiled a British Companys bid to patent use
of turmeric, pine bark and tea for treating hair
loss and succeeded in protecting its traditional
knowledge.
10. General Council of the World Trade Organisation
approved the membership terms of Kazakhstan,
thus enabling it to join the world trade body as
162nd member.
11. Global rolling stock manufacturers including Hitachi,
Hyundai and Siemens expressed interest in Indian
Railways (IR) tender for procuring and maintaining
15 electric multiple unit (EMU) train sets for R2,500
crore.
12. Signs Chinas economic slowdown is deepening and
weak growth in Europe and the U.S. reported
further damaged the outlook for the global
economy, sending stocks and commodity prices
reeling.
www.careerpower.in
www.sscadda.com
Page 4
13. The India Meteorological Department said the

monsoon was currently 10 per cent below normal,
just 2 per cent better than its prediction at the
beginning of the season.
14. The Supreme Court ruled that an Aadhaar card is
not mandatory for availing government welfare
schemes but said it could be used for disbursal of
subsidies on public distribution, cooking fuel/LPG or
for criminal investigation on a courts direction.
15. The CAG has found the three private power
distribution companies in Delhi allegedly inflating
dues from consumers to the tune of a whopping Rs
8,000 crore besides a range of other irregularities
including suppressing revenue.
16. After 18 years of legal battle by the next of kin of
victims of the gruesome fire in Uphaar cinema in
the capital, the Supreme Court allowed real estate
magnates Gopal and Sushil Ansal to walk free after
asking them to pay a fine of Rs. 60 crore for
negligence leading to the death of 59 people.
17. Mobile subscribers can now activate or deactivate
their internet service on their mobile phone by
calling or sending an SMS to a new toll free number
1925 from September 1.
18. Indian Railways train passengers can contact
helpline number 138 through their mobile phones
in case of medical emergency.
19. Price of non-subsidised LPG was cut by Rs 23.50
per 14.2-kg bottle, in sync with international rates.
20. The Enforcement Directorate (ED) has registered a
money-laundering case to probe alleged Rs. 578crore wrongful gain to private multimedia
company Devas by Antrix, the commercial arm of
ISRO.
21. The Ebola virus is likely to be eradicated once for
all as a new vaccine developed against the disease
by Public Health Agency of Canada has shown 100
% efficiency in a trial that was carried out in
Guinea.
22. A research group at the Indian Institute of
Technology Bombay (IITB) has set up Indias first
pilot test-bed which uses unused TV spectrum to
provide broadband Internet connectivity. The
project taps unused frequencies allocated to
broadcasting and exploits this white space
spectrum
to
provide
broadband
Internet
connectivity in rural areas.
23. As per modified rules, there wont be any need to
mention or furnish photocopy of proof of identity,
while booking a Tatkal ticket or indicate the same
while booking tickets through the Internet.
24. Over two-thirds of households in rural India still
rely on firewood for cooking, new data from the
National Sample Survey (NSS) Office show.
25. After Maggi, the Bihar government banned sale,
advertisement and storage of 11 other brands of
www.bankersadda.com
instant noodles after lab tests found presence of

monosodium glutamate in them.
26. The Taj Mahal became one of the first historical
monuments in the world to have a Twitter account
of its own.
27. Election Commission of India issued notices
suspending with immediate effect till further
orders all activities to collect and feed Aadhar
numbers of voters as part of its National Electoral
Roll Purification and Authentication Programme.
BOOKS AND AUTHORS
1. The book titled Mrs Funnybones: Shes Just Like
You and a Lot Like Me authored by former
Bollywood actress Twinkle Khanna was released.
2. The book titled Making India Awesome authored by
Chetan Bhagat was released.
3. Book titled The Kumbh Mela: Mapping the
Ephemeral Megacity authored by Tarun Khanna
was released by Uttar Pradesh Chief Minister
Akhilesh Yadav.
4. Book titled R.D. Burman: The Prince of
Music authored by Khagesh Dev Burman was
released.
COMMITTEES IN NEWS
5. The Union Government constituted a three member
team headed by SM Khan to assess the situation
over the student protest in Film and Television
Institute of India (FTII) in Pune.
6. The Reserve Bank of Indias (RBIs) High Powered
Committee
on
Urban
Cooperative
Banks
(UCBs) headed
by RBI
Deputy
Governor R
Gandhi in its report has recommended conversion
of UCBs with business size of 20000 crore rupees
or more into regular banks.
7. A P Shah Committee has recommended that there
was no case for imposing the controversial
www.careerpower.in
www.sscadda.com
Page 5
minimum
alternate
tax
(MAT)
on
FIIs
retrospectively.
8. The Justice R.M. Lodha Committee, investigating
the 2013 IPL betting controversy, has urged the
Supreme Court for a five-month extension to
recommend reforms in the Board of Control for
Cricket in India (BCCI).
9. The parliamentary committee examining the Lokpal
Bill has got a two-month extension till September.
The 31-member Parliamentary Standing Committee
on Personnel, Public Grievances, Law and Justice,
headed by Congress MP E.M. Sudarsana
Natchiappan, is examining the Lokpal and
Lokayuktas and Other Related Law (Amendment)
Bill, 2014.
10. The Delhi government announced its decision to
constitute an independent Commission of Inquiry to
probe the CNG Fitness Scam of 2002. The one-man
inquiry commission will be chaired by Justice
(Retired) SN Agarwal.
3.
4.
5.
6.
7.
8.
9.
IMPORTANT DAYS
1. 70th Hiroshima Day was observed on 6 August
2015.
2. 10th August: World Bio-Fuel Day.
3. The World Photography Day is annually observed
on Aug 19 across the world.
SCHEMES/PORTALS
BY
UNION/STATE
GOVERNMENT
1. The Union Government launched a web portal
named Vidya Lakshmi (www.vidyalakshmi.co.in) for
the benefit of students seeking Educational Loans.
It is the first portal of its kind that provides single
window for students to access information and
make application for educational loans provided by
banks as well as for government scholarships.
2. The Prime Minister Narendra Modi launched a new
campaign Start-up India, Stand up India to
promote bank financing for start-ups and offer
www.bankersadda.com
10.
11.
12.
13.
14.
www.careerpower.in
incentives to boost entrepreneurship and job

creation.
Union Government launched the School Nursery
Yojana, an initiative to bring students closer to
nature. The Yojana seeks to engage class VI to IX
in raising of saplings in nurseries created in
schools.
Union Government launched Suraksha Bandhan
drive in a Mission Mode through participating banks
and insurance companies to facilitate enrolment
under social security schemes. The schemes are
Pradhan Mantri Suraksha Bima Yojana (PMSBY),
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
and Atal Pension Yojana (APY).
Lok Sabha passed the Negotiable Instruments
(Amendment) Bill, 2015. The Bill provides for filing
of cheque bounce cases at the place where a
cheque is presented for clearance and not the place
of issue.
Rural Development Minister Chaudhary Birender
Singh launched SAMANVAY, a compilation of all
schemes of both Union and State governments for
Gram Panchayats.
The Union Minister for Minority Affairs Najma
Heptulla launched a new Central Sector Scheme Nai
Manzil in Patna. The scheme gives a new direction
and a new goal for the all out of school or dropped
out students and those studying in Madrasas.
The Government is set to announce by September
1 the names of urban centres that would figure in
the list of 100 smart cities, a flagship scheme of
the Narendra Modi administration. Initially, only 20
cities will be taken up on priority. He said the
implementation of the mission will be done by a
Special Purpose Vehicle (SPV).
Seven decade-old Agriculture Ministry will be
renamed as the Ministry for Agriculture and
Farmers Welfare with a view to take care of
farming community needs.
Prime Minister Narendra Modi said Rs 6,500 crore
of undisclosed foreign assets have been declared
under the compliance window of the new law.
The programme to pay cash subsidy to cooking gas
consumers directly in their bank accounts has
helped save about Rs 15,000 crore by stopping
blackmarketing
and
diversions,
Prime
Minister Narendra Modi said.
Railway Minister Suresh Prabhu said his ministry
will form special purpose vehicles (SPVs) with 17
states to develop railway infrastructure.
The Centre and the Delhi Government agreed to
setup a Special Purpose Vehicle (SPV) to clean and
rejuvenate river Yamuna for which a blueprint
would be prepared in 45 days.
The Narendra Modi government has discontinued
the Rajiv Gandhi Gramin LPG Vitaran (RGGLV),
www.sscadda.com
Page 6
launched by the previous UPA government in 2009

to cover more households in rural areas.
15. The Union Cabinet approved release of wages
directly to the accounts of the workers engaged
under the Mahatma Gandhi National Rural
Employment Guarantee Act (MGNREGA).
16. Prime Minister Narendra Modi launched the Deen
Dayal Upadhyaya Gram Jyoti Yojana for power
sector reforms in rural areas with a view to
ensuring round the clock electricity supply to
farmers and rural households.
17. The government announced a seven-point action
plan, Indradhanush to infuse professionalism and
fresh capital in to public sector banks. As part of
the plan, the government announced the setting up
of Bank Board Bureau (BBB) that will give way to
holding company to which the Centre will transfer
its ownership of all these banks. The BBB will be
headed by a Chairman and will comprise six other
members three government officials and three
experts, two of which will be from the private
sector.
MOUS/AGREEMENTS
1. The Union Cabinet gave its approval for the signing
of a MoU between the India and Nepal for the
construction of a petroleum products pipeline from
Raxaul (India) to Amlekhgunj (Nepal).
2. Union Government signed a landmark peace accord
with the National Socialist Council of Nagaland
Isak-Muivah (NSCN (I-M)).
3. Haryana Chief Minister Manohar Lal Khattar and Lt
Governor of Maryland Boyd K. Rutherford, have
agreed to explore the possibilities of cooperation in
the fields of bio-technology, life sciences and
agriculture, cyber security and engineering.
4. India and Slovak Republic signed a MoU on
technical cooperation in railway sector.
5. China and Pakistan signed 20 agreements worth
1.6 billion US dollars to implement the ambitious
China-Pakistan Economic Corridor (CPEC) project.
6. India and Myanmar inked an agreement to set
up Centre of Excellence in Software Development
and Training in Myanmar.
7. India and Mozambique signed MoU to deepen
cooperation in New and Renewable Energy Sector.
8. The 193 member states of the United Nations
reached agreement on a new Sustainable
Development Agenda for the next 15 years.
9. 162 enclaves of India and Bangladesh were
integrated with the main land with the execution
of Land Border Agreement, 1974 between the two
countries at midnight on 31 July 2015. According to
the agreement, 51 Bangladeshi enclaves situated at
Indian soil in Coochbehar District of West Bengal
amalgamated with India, while 111 Indian enclaves
www.bankersadda.com
in Bangladeshi territory integrated with that country

when the clock struck 12 at night.
10. The cabinet approved the signing and ratification of
an agreement between India and the Seychelles for
exchange of information to curb tax evasion and
avoidance.
11. UAE agreed to enhance its investments in India to
USD 75 billion (about Rs 5 lakh crore) including
through a dedicated infrastructure fund, while the
two nations will also raise bilateral trade by 60 per
cent in the next five years.
12. Indian and Bangladeshi security agencies have
agreed to work in close coordination to curb the
smuggling of counterfeit currency notes, posing a
threat to national security.
NEW PROJECTS BY INDIAN GOVERNEMENT
1. Union Government sanctioned 1000 crore rupees
for the laying of 15.06 km long tracks to connect
Indian Railways with Bangladesh through the North
East.
2. Union Cabinet approved setting up of National
Investment and Infrastructure Fund. The fund will
have an initial corpus of 20000 crore rupees which
can be leveraged by infrastructure companies.
3. India signed a loan agreement of 300 million US
dollars with Asian Development Bank (ADB) for its
flagship programme National Urban Health Mission
(NUHM).
4. The government will be setting up a Rs.500-crore
fund for small and medium players in the
pharmaceutical sector for upgradation of their
manufacturing facilities to boost drug production in
the country.
5. The government announced a relief package of Rs.
300 crore to provide diesel and seed subsidy.
www.careerpower.in
www.sscadda.com
Page 7
RESIGNATION
1. Greek Prime Minister Alexis Tsipras in a televised
address to the nation announced his resignation.
NEWS INDIA & WORLD
1. India decided to boycott the 61st Commonwealth
Parliamentary Conference which is slated to be held
in Islamabad, Pakistan from 30 September to 8
October 2015.
2. Egypt unveiled a major expansion of the new Suez
Canal. It was inaugurated by Egyptian President
Abdel Fattah al-Sisi in a ceremony. The project got
completed in one year span with an estimated cost
of 8 billion US dollars.
3. The hotlines or secure lines of communication
between Prime Minister Narendra Modi and U.S.
President Barack Obama and their National Security
Advisers have recently become operational.
4. India and Pakistan called off talks between National
Security Advisers Ajit Doval and Sartaj Aziz, with
India blaming a force in Pakistan for sabotaging
the talks.
5. Russia and Pakistan concluded a deal for four Mi-35
Hind-EAttack Helicopters.
6. Pakistan Prime Minister Nawaz Sharif inaugurated
construction work on a China-backed $10 billion
nuclear power project near Karachi to add 1,100
MW to the energy-starved countrys electric grid.
7. The Union government has removed Iran from the
list of countries put under the restricted visa
category.
8. China and Russia are stepping up their military
collaboration by holding another round of naval
exercises in the Sea of Japan
9. The US offered to produce fighter aircraft jointly
with India to promote deeper military ties.
10. The European Union (EU) defended the banning of
around 700 generic drugs that were tested by
Indias GVK Biosciences, asserting it was based on
scientific and not trade considerations
11. Enthused by the success of direct benefit transfer
(DBT) for LPG, the Narendra Modi government has
set an ambitious target to roll out DBT for
disbursing food and kerosene subsidies across the
country latest by April 1, 2016, officials said.
12. Elon Musk and Stephen Hawking, along with
hundreds of Artificial Intelligence researchers and
experts, are calling for a worldwide ban on socalled autonomous weapons.
13. Pakistan received $336 million from the United
States for its ongoing role in combating a Taliban
insurgency in neighbouring Afghanistan.
14. The apex court of Bangladesh has upheld the death
penalty for senior BNP leader Salauddin Quader
Chowdhury, who was an associate of the Pakistan
Army during Liberation War 1971.
www.bankersadda.com
15. Lok Sabha Speaker Sumitra Mahajan suspended 25

Congress MPs for five consecutive sittings for
persistently
and
wilfully
obstructing
the
Parliament.
16. Russia has submitted its bid for vast territories in
the Arctic to the United Nations. The ministry said
that Russia is claiming 1.2 million square km of
Artic sea shelf extending more than 650 km from
the shore. Russia, the U.S., Canada, Denmark and
Norway have all been trying to assert jurisdiction
over parts of the Arctic, which is believed to hold
up to a quarter of the planets undiscovered oil and
gas.
17. North Korea announced it was moving its clocks
back 30 minutes to create a new Pyongyang
Time. The change will put the standard time in
North Korea at GMT+8:30, 30 minutes behind
South Korea which, like Japan, is at GMT+9:00.
18. An earthquake measuring 6.2 on the Richter scale
hit Afghanistan.
BUSINESS NEWS
1. Indias exports fell by 10.3% to $23.1 billion in
July, their eighth consecutive month of contraction,
reflecting the sluggish global commodity prices.
2. The Union Government announced that it will sell a
10 per cent stake in Indian Oil Corporation on the
stock market through an offer for sale.
3. Four telecom companies Vodafone India, Bharti
Airtel, Idea Cellular and Reliance Jio are set to
benefit from the Reserve Bank of Indias (RBI)
decision to grant in-principle approval either to
their subsidiaries or their parent/group companies
to open payments banks in India.
4. Foodgrains production in 2014-15 in India was at
252.68 million tonnes, down by 12.36 million
tonnes from the previous years record production
of 265.04 million tones.
5. India received $19.78 billion foreign direct
investment (FDI) from 12 countries visited by Prime
Minister Narendra Modi in financial year 2014-15,
Parliament was informed.
6. The Finance Ministry will pay state-owned fuel
retailers Rs 1,300 crore cash subsidy for kerosene
www.careerpower.in
www.sscadda.com
Page 8
for the first quarter ended June 30, but the same
on LPG will be decided later.
7. US defence major Boeing has terminated a contract
with state-run Hindustan Aeronautics (HAL) for
component supplies to the formers war and
commercial planes being inducted into the Indian
Navy.
8. India is expected to surpass China to become the
worlds most populous nation by 2022, the United
Nations said.
9. In a setback for Hindustan Aeronautics Limited
(HAL), the Indian Air Force (IAF) has asked the
state-owned firm to stop its efforts to produce the
Intermediate Jet Trainers (IJT).
10. Microsoft Corporation launched its latest operating
system Windows 10 announcing that it will be
available as a free upgrade for qualifying
individuals or as pre-installed software on new PCs.
11. Tata brand retained its number 1 position as Indias
in this years annual study conducted by the U.K.
based Brand Finance, a leading brand valuation
consultancy.
12. Indias top telecom services provider Bharti Airtel
commercially launched its fourth generation (4G)
communication services.
NEW LAWS PASS BY THE GOVT.
1. A comprehensive anti-hijack bill that provides for
death penalty for hijackers even in the event of onground staff casualties was approved by the Union
Cabinet which also widened the definition of this
crime.
2. PM Narendra Modi led Cabinet approved a new
Consumer Protection Bill 2015 that seeks to replace
a 29-year-old law and proposes to set up a
regulatory authority which will have powers to
recall products and initiate class class suit against
defaulting companies, including e-tailers.
3. The Rajya Sabha Select panel, headed by BJPs
Bhupender Yadav, in its report suggested GST rate
to be no more than 20 per cent and levy of 1 per
cent additional tax by states only on actual sales
and not on inter-company stock or inventory
transfer.
4. The Union Cabinet cleared the changes suggested
by the Rajya Sabha Select Committee last week to
the proposed GST Constitutional Amendment Bill,
which included giving States full five-year
compensation for any revenue loss due to the
introduction of the goods and services tax and
exempting stock transfers within group companies
from the 1 per cent additional tax on inter-State
supplies.
5. The controversial Gujarat Control of Terrorism and
Organised Crime (GCTOC) Bill, 2015, has been sent
www.bankersadda.com
6.
7.
8.
back to the State following an objection by the

Information Technology (IT) Ministry.
The government clarified that its move to ban 857
adult content websites, which has kicked up a
storm on the social media, is temporary and was
in response to the Supreme Courts directions to
address the menace of pornography, especially
child pornography.
The government has decided that Aadhaar
enrolment of Non-Resident Indians, Persons of
Indian Origin and Overseas Citizen of India should
be eventually allowed to help them authenticate
their identity digitally.
The Tripura Assembly has passed a resolution
requesting the Centre to amend Section 302 of the
IPC to abolish capital punishment.
OBITUARIES
1. A.P.J. Abdul Kalam passed away after collapsing on
stage during a lecture at the Indian Institute of
Management in Shillong. Mr. Kalam played a critical
role in Indias nuclear tests in May 1998, was
President between 2002 and 2007.
2. Poet, freedom fighter Kayyara Kinhanna Rai passes
away
www.careerpower.in
www.sscadda.com
Page 9
3.
Former Australian Cricketer Arthur Morris passes

away .
SPORTS NEWS
1. Mumbais famous Dahihandi is now an adventure
sport.
2. Indias 14 year old Prabhroop Sekhon has won two
gold medals in the Special Olympics World Summer
Games held at Los Angeles, US. He won the medals
in 300 metre and 500 metre Roller Skating event.
3. Cricketer Ravichandran Ashwin presented with
Arjuna Award
4. India womens team wins silver in World Archery
Championship held in Copenhagen, Denmark.
Indian womens team included trio of Laxmirani
Majhi, Deepika Kumari, and Rimil Buriuly.
5. IOC gives Olympic Sport recognition to Frisbee.
Decision in this regard was taken at the 128th IOC
Session held in Kuala Lumpur, Malayasia by giving
official recognition to World Flying Disc Federation
(WFDF).
6. The World Championships silver medallist regained
the No. 1 rank - surging 2,180 points ahead of
www.bankersadda.com
Carolina Marin and also struck a landmark deal

with management company IOS Sports &
Entertainment.
7. Bangladesh lifted South Asian Football Federation
U-16 title by defeating India.
8. Andy Murray wins Rogers Cup Masters Tournament
which is also known as Canada Masters 2015.
9. Badminton World Championship 2015: Saina
Nehwal wins silver medal.Defending champion
Carolina Marin Martin of Spain has won the
prestigious World Badminton Championship 2015 in
womens single category.
10. Abhishek Verma wins gold medal in Archery World
Cup.
www.careerpower.in
www.sscadda.com
Page 10
www.bankersadda.com
www.careerpower.in
www.sscadda.com
Page 11
THE HINDU-NEWS REVIEW (SEPTEMBER 2015)

been prepared on the basis of news and events appeared in The Hindu Newspaper in the month of September
2015.
1. Matthias Muller was appointed as the Chief

Executive Officer of Volkswagen Group.
2. The Union Government decided to appoint Arvind
Panagariya, Vice President of NITI Aayog, as the
Sherpa for the 2015 G-20 Summit. The Summit
will take place in Antalya, Turkey in November
2015.
3. Stuti Narain Kacker was appointed as the head of
National Commission for Protection of Child
Rights.
4. Alexis Tsipras of Syriza party was on sworn in as
the Prime Minister of Greece by the President of
Greece Prokopis Pavlopoulos.
5. PV Chandran was elected as President of the
Indian Newspaper Society for the year 2015-16.
6. Sherif Ismail was sworn in as the Prime Minister
of Egypt by the President Abdel-Fattah el-Sissi.
7. Hormusji N Cama was unanimously elected as the
new chairman of the Press Trust of India.
8. Professor Ramesh Chand appointed as a full-time
member of NITI (National Institution for
Transforming India) Aayog. He is also a member
of a task force on agriculture development under
Niti Aayog which is formulating strategies to give
a boost to the agriculture sector.
9. Brij Raj Sharma was appointed as the Chief
Secretary of Jammu and Kashmir.
10. A K Jha was appointed as the Interim CMD of
NTPC.
11. Prime Minister Narendra Modi approved the
appointment of L C Goyal as the CMD of the
Indian Trade Promotion Organization (ITPO).
12. Raghav Chandra took charge as the Chairman of
the National Highways Authority of India.
13. Ratan P Watal took charge as the Union Finance
Secretary.
14. Rajiv Mehrishi was appointed as the Union Home
secretary.
15. Novak Djokovic, the worlds top ranked tennis
player appointed as the Goodwill Ambassador of
the United Nations Childrens Fund.
www.bankersadda.com
16. Girish Sahni assumed charge as the Director

General of the Council of Scientific and Industrial
Research.
17. Employees Provident Fund Organisation (EPFO)
won the Skoch Award for Smart Governance.
18. PepsiCo Chairman Indra Nooyi and Hindustan
Times Group chairperson Shobhana Bharatia
were awarded with the 2015 Global Leadership
Award of the US-India Business Council (USIBC).
19. Eminent Hindi writer Dr Kamal Kishore Goenka
was conferred with 24th Vyaas Samman for the
year 2014. He was awarded for his
work 'Premchand ki Kahaniyon ka Kaal
Kramanusaar Adhyayan'.
20. Famous American fantasy drama television series,

Game of Thrones, created for HBO won an
unprecedented 12 awards at the 67th Primetime
Emmy Awards.
21. President Pranab Mukherjee presented the
National Tourism Awards 2013-14. The state of
Gujarat was awarded for the Best State/UT for
Comprehensive Tourism Development. Heritage
City Gwalior in Madhya Pradesh as the Best
Heritage City.
www.careerpower.in
www.sscadda.com
Page 1
22. Swetha Prabhakaran, an Indian American teen,

was awarded with the prestigious Champions of
Change Award of US at the White House. She is
among eleven young women selected by the White
House as Champions of Change.
23. Bangladesh Prime Minister Sheikh Hasina won
the United Nations Champions of the Earth
Award for Policy Leadership to address the issue
of climate change.
24. Short story writer and novelist Jhumpa Lahiri was
awarded with the 2014 National Humanities
Medal by the White House, United States.
25. Bollywood actor Anupam Kher was conferred with
the Honoured Guest of Texas award for his
contribution to the cinema and the world of art.
26. President Pranab Mukherjee conferred Gandhi
Peace Prize for the year 2014 on Indian Space
Research Organization.
27. Haryana bagged the Skoch Order-of-Merit

national award for implementation of six eGovernance and IT initiatives in the state.
28. India won the UNESCO prize Award of Excellence
2015 for the conserving the Sree Vadakkunnathan
Temple of Kerala.
29. The Waterman of India Rajendra Singh was
conferred with the 2015 Stockholm Water Prize.
King Carl XVI Gustaf of Sweden.
30. Kolkata Port was adjudged as the Major Port of
the Year amongst 12 major ports in the country
for the year 2014-15.
31. National Sports Day was celebrated on the 29
August 2015 across the country. On this occasion,
President Pranab Mukherjee conferred National
Sports and Adventure Awards in New Delhi. Sania
Mirza (Tennis) was conferred with Rajiv Gandhi
Khel Ratna. The prestigious award was won by
shooter Ronjan Sodhi in 2014. Naval Singh
(athletics-para-sports), Anoop singh (wrestling),
Harbans Singh (athletics-lifetime), Swatantar Raj
Singh (Boxing-life time) and Nihar Ameen
(Swimming-lifetime) were the winners of
Dronacharaya Awards. Seventeen people were
conferred with Arjuna Awards including Sandeep
Kumar (archery), Rohit Sharma (cricket), Jitu Rai
(Shooting) and Babita Kumari (wrestling). Romeo
James (hockey), Shiv Prakash Mishra (tennis) and
www.bankersadda.com
TPP Nair (volleyboll) were conferred with Dhyan

Chand Awards.
32. The United States (US) in last week of August
2015 designated Abdul Aziz Haqqani, the new
leader of the Haqqani network, as a Specially
Designated Global Terrorist.
33. Acharya Dev Vrat was sworn-in as the Governor of
the Himachal Pradesh.
34. Prime Minister Narendra Modi visited Ireland on
23 September 2015. He is the first Prime Minister
of India to visit Ireland in 59 years. During his
visit, Modi held discussions with Prime Minister
Enda Kenny of Ireland.
35. Swami Dayanand Saraswati, died in his ashram in
Rishikesh.
36. Jackie Collins, the best-selling British-born
author, died.
37. Jagmohan Dalmiya, President of Board of Control
for Cricket in India (BCCI), passed away.
38. Bollywood singer and music composer Aadesh
Shrivastava.
39. The report of the UN High Commissioner for
Human Rights Investigation on Sri Lanka (OISL)
was released in Geneva, Switzerland.
40.The first India-US Strategic and Commercial
Dialogue was held in Washington, the USA. The
meeting was co-chaired by the External Affairs
minister Sushma Swaraj and US Secretary of State
John Kerry. The purpose of the dialogue was to
ramp up bilateral economic exchange to 500
billion US dollars and enhance regional security.
41. Meeting of Like-Minded Developing Countries
(LMDCs) on Climate Change was held in New
Delhi. The objective of the meeting was to
exchange, coordinate and harmonize views on the
negotiating text for the Conference of Parties-21
(COP-21) of the UNFCC to be held in Paris in
December 2015. UNFCC stands for United
Nations Framework Convention on Climate
Change (UNFCCC).
42. The 10th World Hindi Conference was held in
Bhopal, Madhya Pradesh.
43. To provide aid to farmers to overcome drought
conditions, Actor Nana Patekar established an
organization named Naam Foundation.
44. Prime Minister Narendra Modi on 6 September
2015 inaugurated the extension of Delhi Metro
connecting Badarpur to Escorts Mujesar in
Faridabad.
www.careerpower.in
www.sscadda.com
Page 2
45. Prime Minister Narendra Modi on 4 September

2015 released two commemorative coins of 125
rupees and 10 rupees in the memory of former
President Sarvepalli Radhakrishnan.
46. The term Project Nilgiri was in news in the second
week of September 2015 as RailTel of the Indian
Railways and Google were working on this project.
Under this initiative, free Wi-Fi services will be
provided to passengers in 400 railway stations
across the country.
47. NASA-ISRO Synthetic Aperture Radar (NISAR)

mission was in news recently as its first Joint
Steering Group (JSG) meeting was held on 21 July
2015. NISAR is a dedicated US and Indian InSAR
mission, in partnership with ISRO, optimized for
studying hazards and global environmental
change.
48. A stampede at Hajj pilgrimage resulted in the
deaths of at least 719 pilgrims and injured around
863 people during the annual Hajj in Mecca.
49. Indian film Angry Indian Goddesses, a story about
a group of Indian girls in Goa gone wild, was
voted as the first runner-up at the 40th Toronto
International Film Festival (TIFF).
50. Amol Palekar headed 15-member Oscar Selection
Jury selected Marathi-film Court as Indias official
entry to 88th Oscar Awards. The film directed by
the first-time director Chaitanya Tamhanhe will
represent India in the Best Foreign Language Film
category.
51. Prime Minister Narendra Modi released digital
recordings of epic Ramcharitmanas, as a set of
digital CDs produced by All India Radio (AIR).
52. Thiru Onam (Thiruvonam) festival, the most
auspicious day of the Onam, was celebrated with
traditional gaiety on 28 August 2015 in Kerala.
53. Cabinet Committee on Security approved the deal
to buy 37 military helicopters from the United
States (US). The deal is worth 3.1 billion US
dollars. The deal of 37 helicopters comprises of 22
www.bankersadda.com
Apache attack helicopters and 15 Chinook heavylift choppers from US defence contractor Boeing.
54. India-Maldives joint military training Exercise
EKUVERIN 2015 was held in Trivandrum, Kerala.
55. Indian and Australian Navy Bilateral Maritime
Exercise AUSINDEX-15 kicked off the East Coast
of India.
56. Jaisalmer War Museum established in the

Military Station of Jaisalmer, Rajasthan was
inaugurated.
57. Agriculture Division of National Institution for
Transforming India (NITI) Aayog in the fourth
week of September 2015 constituted an Expert
Group on Land Leasing. The expert group will be
headed by T Haque.
58. The Union Ministry of Water Resources
constituted a seven-member committee headed by
Mihir Shah to advise it on restructuring the
Central Water Commission.
59. The book titled Two Years Eight Months and
Twenty Eight Nights authored by the British
Indian novelist Salman Rushdie was released.
60.The book titled To the Brink and Back: India's
1991 Story was written by former Union
Environment and Forest Minister (Independent
Charge) Jairam Ramesh.
61. The book 30 Women in Power: Their Voices,
Their Stories was in news in August 2015. It was
written and edited by Naina Lal Kidwai.
62. The Ministry of External Affairs appointed new
Indian envoys. Navtej Sarna will be the new High
Commissioner to the United Kingdom. Gautam
Bambawale will take over as High Commissioner
to Pakistan. Syed Akbaruddin will be the next
Permanent Representative of India to the United
Nations, New York. Vijay Gokhale will be the
Ambasador to China. Anil Wadhwa will be the
new Ambassador to Rome. Pankaj Saran will be
next Ambassador of Moscow. Harsh V Shringla
will be High Commissioner to Bangladesh. Sujan
Chinoy will be the Ambassador to Japan.
63. Prime Minister Narendra Modi gave its green
signal for setting up of Indian Sign Language
Research and Training Centre (ISLRTC).
64. The Department of Electronics and Information
Technology (DeitY) released the Draft National
Encryption Policy. The purpose of the policy is to
www.careerpower.in
www.sscadda.com
Page 3
encourage use of encryption technologies and

products
among
governmental
agencies,
businesses and citizens for more secure
communications and financial transactions in the
cyber space.
65. To transform the lives of people living in the areas
which are affected directly or indirectly by mining,
the Union Government launched the Pradhan
Mantri Khanij Kshetra Kalyan Yojana (PMKKKY).
66. The Union Government banned the Naga rebel
group National Socialist Council of NagalandKhaplang (NSCN-K) for five years.
67. Union Cabinet chaired by Prime Minister

Narendra Modi approved the Shyama Prasad
Mukherji Rurban Mission (SPMRM). The Mission
approved with an outlay of 5142.08 crore rupees is
a bid to transform rural areas to economically,
socially and physically sustainable spaces. The
mission aims to create 300 Rurban growth
clusters over the next 3 years, across the country.
68. United Nations General Assembly unanimously
adopted a document for reform of the UN Security
Council (UNSC).
69. The Union Government approved the purchase of
10 Heron TP drones from Israel. This 400 million
US dollars proposal for buying armed missilearmed drones from Israel will enhance India's
cross-border military strike capability.
70. The Union Cabinet gave its approval for the
Constitution of the 21st Law Commission of India.
It was headed by Justice Ajit Prakash Shah.
71. The West Central Railway became the first railway
zone in the country to eliminate all Unmanned
Level Crossings.
72. The Union Ministry of Urban Development gave
approval for Smart National Common Mobility
Card (NCMC) model for seamless travel across
India. The model will enable commuters to travel
by different metros and other transport systems
across the country besides retail shopping and
www.bankersadda.com
purchases. It is based on EMV Open Loop Card

system with stored value model. The National
Payments Corporation of India (NPCI) will be
involved in indigenous development and
management of Clearing and Settlement of
payments.
73. The Supreme Court stayed the Rajasthan High
Court judgment that banned Santhara ritual of
Jainism. Santhara is a voluntary religious practice
of facing death at the end of one's life.
74. Union Government launched a scheme named
SAHAJ for online release of new LPG connections
for the consumers. At present, the scheme will be
available in 13 cities.
75. RBI MoU with the Nepal Rastra Bank on
Supervisory Cooperation and Exchange of
Supervisory Information.
76. The Global Investors Meet held in Tamil Nadu to
woo investors to invest in the state.
77. Union Cabinet approved 6 percent hike in
Dearness Allowance to Central Government
employees.
78. The Union Cabinet approved 100 percent Foreign
Direct Investment (FDI) in white label Automated
Teller Machines (WLAs).
79. The Union Cabinet gave nod to transfer regulatory
authority on potable alcohol to state governments.
80.The Union Cabinet approved introduction of Gold
Monetization Schemes. The objective of this
scheme is to mobilize the gold held by households
and institutions in the country and to reduce
reliance on import of gold to meet the domestic
demand. The minimum quantity of gold that a
customer can bring is proposed to be set at 30
grams. The bank will pay interest to the depositor
after 30/60 days of opening of the account. The
amount of interest rate to be given is proposed to
be left to the banks to decide. Both principal and
interest to be paid to the depositors will be valued
in gold. The deposits can be made for a short-term
period of 1-3 years (with a roll out in multiples of
one year); a medium-term period of 5-7 years and
a long-term period, of 12-15 years (as decided
from time to time). The depositor will have the
option of redemption either in cash or in gold,
which will have to be exercised at the time of
deposit. Similar to the Gold Deposit Scheme
(1999), in which the customers received Capital
Gains Tax, Wealth tax and Income Tax
www.careerpower.in
www.sscadda.com
Page 4
exemptions, the depositors of GMS also will

ranging from 0.20% to 0.80% of risk weighted
receive similar benefits.
assets. The additional CET1 requirements
81. The Union Cabinet gave its approval for the
applicable to D-SIBs will become effective from 1
Sovereign Gold Bonds Scheme. Bonds will be
April 2016 in a phased manner and would become
issued on payment of money and would be linked
fully effective from 1 April 2019.
to the price of gold. The sell would be restricted to
resident Indian entities and each entity cannot
buy more than 500 grams per person per year.
The bonds will be issued in denominations of 2, 5
and 10 grams of gold or other denominations. The
bonds will be issued with a nominal rate of
interest (which will be linked to international rate
for gold borrowing) as decided by the government.
The rate of interest on the bonds will be payable in
85. Central Statistical Office (CSO) released the
terms of grams of gold. On maturity, the investor
estimates of Gross Domestic Product (GDP) for
receives the equivalent of the face value of gold in
the April-June quarter of 2015. As per the
rupee terms. Bonds will be issued on behalf of the
estimates, India grew by 7 percent during the first
Government of India by the Reserve Bank of India
quarter of the 2015-16 financial year.
(RBI). The bond will be marketed through post
86. Bandhan Financial Services, a Micro Financial
offices. Capital gains tax treatment will be the
Institution (MFI), on 23 August 2015 started
same as for physical gold. The tenor of the bond
operations as a Scheduled Commercial Bank
could be for a minimum of 5 to 7 years.
(SCB). The banking services were inaugurated by
82. Union Government notified the merger of
the Union Finance Minister Arun Jaitley in
commodities market regulator Forward Markets
Kolkata.
Commission (FMC) with Securities and Exchange
87. The first conference on the contemporary
Board of India (SEBI). Its merging will be effective
relevance of the Bhagvad Gita was held in London,
from 28 September 2015.
United Kingdom.
83. The Reserve Bank of India (RBI) on 1 September
88.Michel Kafando was reinstated as the president of
2015 proposed a new methodology to calculate
Burkina Faso.
Base Rate (Base Rate). It is based on marginal
89. The 9th Regional Pravasi Bharatiya Diwas (RPBD)
cost of funds methodology. The new methodology
will be held at Los Angeles, California, USA from
is aimed at bringing uniformity among BRs of
14 November to 15 November 2015.
banks so that they will be more sensitive to any
90.Nepal on 20 September 2015 adopted its first
changes in policy rates of the RBI. At present,
democratically-framed constitution with the
banks are following different methodologies in
promulgation of the charter by the president Ram
computing their BR like on the basis of average
Baran Yadav.
cost of funds, marginal cost of funds or blended
91. India and Laos signed two Memoranda of
cost of funds (liabilities).
Understanding to strengthen bilateral ties
84. RBI declared State Bank of India and ICICI Bank
between the two nations.
as Domestic Systemically Important Banks (D92. The 4th meeting of the India-Kuwait Joint
SIBs). As a result, SBI has been put under Bucket
Working Group on Hydrocarbons was held on 16
3 with additional Common Equity Tier 1 (CET1)
September 2015 in New Delhi.
requirements as a percentage of Risk Weighted
93. India and Cambodia signed two MoUs on Tourism
Assets (RWAs) placed at 0.6percent. On the other
and Mekong-Ganga Cooperation Initiative.
hand, ICICI Bank has been put under Bucket 1
94. India and Sri Lanka exchanged four agreements in
with additional CET1 requirements as a
various fields including medicare facilities.
percentage of RWAs placed at 0.2 percent. As part
95. Malcolm Turnbull was sworn in as the 29th Prime
of the framework, D-SIBs were placed in four
Minister of Australia.
buckets which will be required to have additional
Common Equity Tier 1 capital requirement
www.bankersadda.com
|
www.careerpower.in
|
www.sscadda.com
Page 5
96. United Nations General Assembly on 11

108. Government has appointed Chinese, French
September 2015 adopted the resolutions that
and Spanish firms to conduct studies into
proclaims 9 December as International Day of
building three high-speed rail lines linking its
Commemoration & Dignity of the Victims of the
major cities.
Crime of Genocide and of the Prevention of this
109. Widespread
rainfall
in
states
like
Crime.
Chhattisgarh, Madhya Pradesh, Maharashtra has
97. Director-Generals (DGs) of Border Security Force
reduced the overall monsoon deficiency to 13 per
(BSF) and Pakistan Rangers held the Bi-annual
cent in the country.
talks in New Delhi.
110. The Asian Development Bank lowered Indias
98. India and Indonesia signed a pact for repatriation
economic growth forecast to 7.4% for the current
of wanted prisoners and cooperation in all
fiscal from its earlier estimate of 7.8%, citing
criminal matters including gathering evidence.
weak demand and reform delays.
99. Supreme Court of Pakistan ordered immediate
111. The Odisha Government has decided to increase
adoption of Urdu as official language of the
the work days from 150 to 200 in droughtcountry.
affected areas under the Mahatma Gandhi
100. The G20 grouping launched the W20
National Rural Employment Guarantee Act
(Women20) in Ankara, Turkey. The focus of the
(MGNREGA).
W20 is to enhance the role of women in business.
112. Delhis Indira Gandhi International Airport
101. The G-20 Meeting of Finance Ministers and
(IGIA) has bagged the Best Airport Award for
Central Bank Governors was held for two days on
2013-14.
4 September and 5 September 2015 at Ankara in
113. US aerospace major Boeing and the Indian
Turkey. The meeting was attended by the
Institute of Technology in Bombay will convene a
Finance Ministers and Central Bank Governors
summit on aerospace innovation in New Delhi on
of
the
G20
members.
October 16.
It also discussed financial agenda of the Antalya
Summit of the G20 leaders scheduled to be held
114. With a goal to provide 24-hour power supply to
in November 2015 in Turkey.
each and every house of the nation, Prime
102. 11th session of the India-UAE Joint
Minister Narendra Modi launched the National
Commission Meeting for Technical and
Integrated Power Development Scheme (IPDS).
Economical Cooperation was held in New Delhi.
115. The Unique Identification Authority of India
103. Canadian economy entered into the first
(UIDAI), which issues Aadhaar cards, has been
technical recession in six years. Technical
shifted to the administrative control of the
recession means negative economic growth by a
Ministry of Communication and Information
countrys gross domestic product (GDP) for two
Technology from Niti Aayog.
consecutive quarters.
116. Finance minister Arun Jaitley embarked on a
104. The fourth India-Bhutan Development
four-day visit to Asian financial hubs Singapore
Cooperation Talks for the 11th Five Year Plan of
and Hong Kong to convince investors to invest in
Bhutan was held in New Delhi.
Indias infrastructure and manufacturing sectors.
105.The Union Cabinet gave its approval for signing
117. Ratings agency Standard & Poors downgraded
and ratification of the Mutual Legal Assistance
its sovereign credit rating on Japan to A+ from
Treaty (MLAT) in Civil and Commercial matters
AA-.
with Oman.
118. Gujarat topped among states in implementing an
106. Veteran actor Amitabh Bachchan has joined
action plan on ease of doing business, with
the GiveItUp Movement of the Ministry of
Andhra Pradesh next, and Jharkhand rather
Petroleum and Natural Gas.
surprisingly coming in at third position,
107. Cigarette smoking will become costlier in Uttar
according to a World Bank report released.
Pradesh as the state government decided to hike
119. Retail inflation eased to 3.66% in August from a
Value Added Tax from 25 per cent to 40 per cent
revised 3.69% in the previous month.
and on Pan Masala and Gutkha from 30 per cent
120. The government has decided to provide an
to 40 per cent.
additional 50 days of manual work under the
www.bankersadda.com
|
www.careerpower.in
|
www.sscadda.com
Page 6
Mahatma Gandhi National Rural Employment

activities in the trains and at the platforms as
Guarantee Act (MGNREGA) in the current
part of its concerted effort to maintain the
financial year in those regions where drought has
standards of cleanliness and hygiene.
been declared.
133. Union Urban Development Ministry sanctioned a
121. Government imposed provisional safeguard duty
sum of Rs 192 cr under Smart City Mission for 96
of 20 per cent on import of certain categories of
cities included in the ambitious project. Each of
steel with a view to protect domestic producers
the cities has been given Rs 2 cr for preparing
from recent surge in inward shipments.
Smart City plan. Government has earmarked Rs
122. Wholesale price inflation hit a fresh low of 48,000 cr for the Smart City project and an equal
4.95% in August, compared with -4.05% in July.
amount is exepected to be contributed by the
123. Indias current account deficit (CAD) narrowed
respective state governments and urban local
to $6.2 billion or 1.2% of gross domestic product
bodies to develop 100 Smart Cities across the
(GDP) in April-June of 2015-16, from $7.8 billion
country.
or 1.6% of GDP a year ago.
134. Centre has released Rs 2,000 crore to Employees
124. Prime Minister Narendra Modi inaugurated a
Pension Scheme as its contribution for the year
new terminal at Chandigarh airport which will
2015-16. Since last September, EPS pensioners
handle both domestic as well as international
have been assured of a guaranteed minimum
flights.
pension of Rs 1,000 per month.
125. The government has estimated a total project
cost of Rs 24,000 crore for the development of 14
greenfield airports in the country.
135. The government has identified 305 cities and
126. The Brazilian governments sovereign debt rating
towns across nine states for implementation of
was cut to junk status by Standard & Poor.
its ambitious Housing for All scheme.
127. Moodys Investors Service said Indian economy
136. Government said Rs 22,000 crore have been
would grow at 7 per cent in the current fiscal on
deposited in over 17.5 crore bank accounts within
the back of slow recovery in industrial output and
a year of the launch of the Pradhan Mantri Jan
investment.
Dhan Yojana, the largest financial inclusion
128.China has revised its annual economic growth
scheme in the world.
rate in 2014 to 7.3 percent from the previously
137. Overall population growth fell over eight
released figure of 7.4 percent.
percentage points from 26% in 2001 to 17.74% in
129. The Finance Ministry is planning to introduce a
2011. But the sharpest fall has been in Muslim
bill in the Budget session to give statutory status
population growth. It fell from an all-time high of
to MUDRA Bank which will act as a regulator for
45.2% in the decade ending 2001 to 24.6% in
micro finance institutions.
2011. Despite the fall in growth, the share of the
130. The Centre has asked its ministries, States and
Muslim population in the country has risen
all educational institutions across the country to
almost a percentage point from 13.4% in 2001 to
utilise the space available with them to install
14.24% in 2011. The Hindu population growth
grid connected solar rooftop systems. The
declined from 23% to 16.76%. Hindus now
government has set a target of 40,000 MW of
account for 79.8% of the population now from
grid connected rooftop solar power generation
80.5% in 2001.
capacity by 2022 under the National Solar
138.The Union Cabinet gave its approval for the
Mission.
amendments in the Central List of Other
131. Persons using e-wallets or virtual cards and
Backward Classes (OBCs) quota of Gujarat and
earning money through online gaming or poker
Uttarakhand. In Gujarat, Sipai and Patni Jamat
hosted by websites in foreign countries will be
or Turk Jamat (all Muslims) have been included
required to disclose such income under the black
in the Central List of OBCs; while in
money compliance window, which ends on
Uttarakhand, Kahar and Tanwar Singhariya have
September 30.
been included.
132. In a structural change, Indian Railways has
formed a separate wing for housekeeping
www.bankersadda.com
|
www.careerpower.in
|
www.sscadda.com
Page 7
139. The Centre is all set to roll out direct benefit

rank, one pension (OROP) scheme for extransfers (DBT) under the Public Distribution
servicemen. Mr. Parrikar said 2013 would be the
System (PDS) in three Union territories
base year for calculation of pension and the
Puducherry, Dadra and Nagar Haveli, and
scheme would be implemented from July 1, 2014,
Chandigarh from September 1, where instead of
the earliest date after the government assumed
foodgrains being sold at subsidised prices, the
office. Equalisation of pension would be done
subsidy component would be credited to
every five years as against the usual practice of
beneficiaries bank accounts each month.
once a decade. By definition, OROP implies
140. The Cabinet extended by four months the
uniform pension for personnel retiring in the
term of the Seventh Pay Commission. The
same rank and with the same length of service,
Commission will now have time until December
regardless of their date of retirement. Mr.
31 to submit its report.
Parrikar said the scheme would cost the
141. Master blaster Sachin Tendulkar may become
exchequer Rs. 8,000-10,000 crore. Later Prime
Maharashtras Green Army chief.
Minister Narendra Modi clarified that all service
142. Social entrepreneur and Nobel Peace Prize
personnel who had taken premature retirement
winner Muhammad Yunus of Bangladesh will
would be entitled to the One Rank One Pension
guide Maharashtra on microfinance and how to
(OROP) scheme.
revive dying Micro, Small and Medium
152. National Payments Corporation of India has
Enterprises (MSMEs) in the State.
announced the launch of nationwide e-payment
143. GSLV-D6 which integrates the indigenous
literacy workshop on the occasion of World
cryogenic upper stage (CUS), the Indian Space
Literacy Day on September 8.
Research Organisation (ISRO) successfully
153. Starting October 1, over one crore BSNL landline
placed a GSAT-6 communication satellite in the
broadband users will be able to surf the Internet
intended orbit.
at a minimum speed of 2 megabits per second
144.India sealed the deal to acquire the ownership of
(2Mbps), at no extra cost. At present, the
a three-storey bungalow in London, where Dalit
company offers minimum broadband speed of
icon and architect of Constitution Dr. B.R.
512 Kbps.
Ambedkar lived as a student in the 1920s, and
154. The Congress Working Committee extended
will be converted into an international memorial.
party president Sonia Gandhis tenure for up to
145. Setting a new milestone in social media
another year, putting in abeyance plans of Rahul
connectivity, one billion people from around the
Gandhis elevation to the top post this year.
world logged on to Facebook in a single day.
155. Bihar will go to the polls in five phases from
146.Indias external debt increased by 6.6 per cent to
October 12 to November 5, with counting
$475.8 billion in 2014-15, compared to $446.3
scheduled for November 8, the Election
billion at the end of the previous year.
Commission of India announced. Chief Election
147. The Railways will launch a zero-accident mission
Commissioner Nasim Zaidi said election to the
envisaging renewal of tracks, more railway
243-seat Assembly will be held on October 12, 16,
bridges, better signalling and rolling out of
28, November 1 and 5.
accident-proof coaches and engines, Railway
156. The U.S. Ambassador to India, Richard Varma,
Minister Suresh Prabhu told.
launched the Mumbai Dialogue: Towards a TB148. Google refreshed its logo to better suit mobile
free India, along with Bollywood legend Amitabh
devices.
Bachchan and Ratan Tata, Chairman, Sir Ratan
149.The deadline for filing of income tax returns has
Tata Trusts.
been extended to September 7.
157. The Income-Tax Department has received 2.1
150.Five months after it suspended its licence to
crore income tax returns filed using its e-filing
receive foreign donations, the Ministry of Home
facilities as of September 7, up 26 per cent from
Affairs (MHA) cancelled the registration of
the 1.6 crore e-returns filed in the same period
Greenpeace India.
the previous year.
151. Defence Minister Manohar Parrikar announced
158. Facebook CEO Mark Zuckerberg announced that
the implementation of the much-delayed one
Prime Minister Narendra Modi would visit
www.bankersadda.com
|
www.careerpower.in
|
www.sscadda.com
Page 8
Facebooks headquarters
September 27.
in
California
on
159. Amogha-1, an indigenously-developed second

generation, Anti-Tank Guided Missile having a
range of 2.8 km, was successfully test-fired at
Babina Army Range, Madhya Pradesh recently.
160. SBI Card, a joint venture between State Bank
of India and GE Capital, rolled out an online
specific credit card SimplyCLICK in
partnership with seven e-commerce players. The
partners included Amazon India, BookMyShow,
Cleartrip, FabFurnish, Food Panda, LensKart
and Ola Cabs.
161. The Congress and its alliance partners
approached the Election Commission to seek a
ban on Prime Minister Narendra Modis Mann ki
baat radio programme, alleging that it could be
used to directly influence the outcome of the
Bihar Assembly elections. The Election
Commission, however, said that while no blanket
ban could be imposed on the programme.
162. The Reserve Bank of India (RBI) has granted inprinciple approval for 10 companies to set up
small finance banks. The approval will be valid
for 18 months to enable the applicants to comply
with the requirements. The firms include Au
Financiers (India) Ltd., Jaipur, Capital Local
Area Bank Ltd., Jalandhar, Disha Microfin Pvt.,
Ahmedabad and Utkarsh Micro Finance Pvt.
Varanasi, Equitas Holdings Pvt., Chennai, ESAF
Microfinance and Investments Pvt., Chennai,
Janalakshmi Financial Services Pvt., Bengaluru
and
Ujjivan
Financial
Services
Pvt.,
Bengaluru.The RBI also granted permission for
RGVN (North East) and Microfinance Ltd.,
Guwahati, and the Navi Mumbai-based Suryoday
www.bankersadda.com
Micro Finance Pvt. The RBI received 72

applications for small finance banks.
163. The Reserve Bank of India (RBI) Deputy
Governor Urjit Patel said the central bank
expects the Current Account Deficit (CAD) to be
about 1.5 per cent of GDP in the current fiscal.
164.Pakistani Taliban attacked an Air Force base in
the countrys restive northwest, killing at least 29
people, mostly soldiers.
165. Japans Parliament passed contentious security
bills into law, in a move that could see Japanese
troops fight abroad for the first time in 70 years.
166.The government has kicked up another
controversy by proposing that every citizen
should keep a copy of all their communications
in the cyber space, including emails and chats,
for a period of 90 days and be able to make it
available to security agencies when demanded,
under the Draft National Encryption Policy.
Later After a public outcry, government withdrew
the controversial draft encryption policy.
167. With the Supreme Court yet to decide on the
constitutionality
of
imposing
minimum
educational qualifications on candidates aspiring
to contest panchayat polls, the Haryana
government agreed to freeze its panchayat
elections, due to start on October 4.
168.The Commission headed by Vishnu Sahai which
was constituted by the Uttar Pradesh government
to probe the 2013 Muzaffarnagar riots submitted
its report to Governor Ram Naik.
169.Industrialist Mukesh Ambani was named Indias
richest for ninth year in a row with a net worth of
$ 8.9 billion.
170. IDFC Bank will start operations on October 1.

The bank is set to kick-off its operations with 23
branches, 15 of which will be in Madhya Pradesh.
www.careerpower.in
www.sscadda.com
Page 9
www.bankersadda.com
www.careerpower.in
www.sscadda.com
Page 10

Bankersadda 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

Bankersadda CA

Diunggah oleh

Hak Cipta:

Format Tersedia

GK POWER CAPSULE - MAY 2015 HINDU REVIEWS

David Camerons Conservative Party on 8 May 2015

President Pranab Mukherjee authorized Justice

11. Senior IPS officer Surender Singh took over as

12. Actor and producer Mukesh Khanna was appointed

16. The French satirical magazine Charlie Hebdo was

at the Washington DC International Film festival.

30. Chief Minister of Tamil Nadu O Panneerselvam

31. Veteran jazz musician Bob Belden passed away.

Line of Credit to Mongolia. India-Mongolia signed

46. United Nations Conference on Trade and

highlighted that developing Asia now invests more

48. The Union Cabinet approved Polar Satellite Launch

56. The term Nuclear Insurance Pool was in news as the

60. Mirage 2000 fighter jet of Indian air force landed

fighter aircraft. Astra is Indias first beyond visual

63. The Naval establishment of Indian Navy at

69. Puducherry will be the first Union territory/state to

74. South Korea decided to provide $10 billion to India

78. Monsoon is likely to hit the Kerala coast on May 30,

The 21-member panel will give its report by the last

85. Pradhan Mantri Suraksha Bima Yojana (PMSBY) will

88. Traders with a turnover below R10 lakh a year

replace multiple prior permissions required to start

92. India and France decided to set up teams to work

99. A court in Pakistan sentenced 10 men to life

106. In order help investors better understand risks

practice of colour-coding the schemes wherein the

112. The Competition Commission of India (CCI) has

and a fine of Rs. 25,000 in the 2002 hit-and-run

117. India and Iran signed an inter-Governmental

121. Comptroller and Auditor General (CAG) has said the

capability and does not meet the forces

124. India has lodged a protest against Chinas

127. The Aam Aadmi Party Government said it would not

132. Chinas move to build nuclear power plants in

134. RBI allowed Infrastructure Debt Fund-Non-Banking

135. State Bank of India joined its private sector rivals to

140. HDFC Bank, in association with Apollo Hospitals, has

Bank Apollo Medical Benefits Card, which will

144. The Republic of Ireland became the first country to

GK POWER CAPSULE - JUNE 2015 HINDU REVIEWS

RBI Governor Raghuram Rajan in its 2nd Bi-Monthly

14. Syed Asif Ibrahim was appointed as the Prime

15. K Sivan was appointed as the Director of the Vikram

21. Pradeep Kumar Sinha was appointed as the Cabinet

37. The spiritual leader Sri Sri Ravi Shankar was

49. Nathu La pass was in news on 16 June 2015 as

Narendra Modi who termed the venue as Yogpath.

57. Union Agriculture Minister Radha Mohan Singh

two statues of Standing Buddhas of Bamiyan, 115 ft

77. The book Beyond Doubt: A Dossier on Gandhi's

denominations are printed on imported paper

95. Indian Railways has floated global tenders worth Rs

99. Moodys has cut its credit rating for Greece to a

102. Government gave three months time till September

6.66 per cent stake, respectively. Their voting

113. Centre will give Rs 1 lakh per house for slum

15 compared to the previous fiscal, which is almost

126. The Reserve Bank proposed that Indian corporates

this year, allowing banks to convert debt into equity

141. The Reserve Bank lowered the economic growth

146. H. Vinod Bhat, Pro Vice-Chancellor of Manipal

157. India and the Netherlands will collaborate on