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1.Repo Rate
6.75%
(changed)
2.Reverse Repo
5.75%
(changed)
4.00%
(unchanged)
21.50% (unchanged)
7.75%
(changed)
6.Bank Rate
7.75%
(changed)
Basis points - one Basis Point is a unit equivalent to 0.01% i.e. 1/100th of a percent.
2. RBI Governor Dr Raghuram Rajan elected as Vice-Chairman on BIS Board - With this, he became the first Indian to be
elected to this position in the Bank for International Settlements (BIS).
Note: At present, Jens Weidmann is the Chairman of the Board of Directors. He is also the head of Bundesbank, the
German banking regulator.
3. Deepak Singhal appointed Executive Director of Reserve Bank of India - The Reserve Bank of India (RBI) appointed
Deepak Singhal as the Executive Director (ED). He replaced K K Vohra who will now look after the Deposit Insurance and
Credit Guarantee Corporation (DICGC).
4. Shaktikanta Das nominated on RBI Central Board of Directors - Economic Affairs Secretary Shaktikanta Das
nominated as a Director to the Central Board of Directors of the Reserve Bank of India (RBI).
5. RBI proposed marginal cost of funds methodology to calculate Base Rate
The Reserve Bank of India (RBI) proposed a new methodology to calculate Base Rate (Base Rate). It is based on marginal
cost of funds methodology. The new methodology is aimed at bringing uniformity among BRs of banks so that they will
be more sensitive to any changes in policy rates of the RBI like Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR),
etc.
Under the proposed methodology, the components of Base Rate will include cost of funds, negative carry on CRR/SLR,
un-allocable overhead costs and average return on net worth. It will be effective from 1 April 2016.
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Base Rate
It is defined as the minimum interest rate of a bank below which it is not viable to lend.
It was introduced on 1 July 2011 by the RBI.
It replaced the benchmark prime lending rate (BPLR), the interest rate which commercial banks charged their most
credit worthy customer.
6. Banks are free to fix interest rates on gold deposit scheme: Reserve Bank of India (RBI) has allowed banks to fix their
own interest rates on gold deposits under the Gold Monetisation Scheme.
Key points
(i) As per the RBI guidelines, Banks are free to set interest rate such as principal and interest on the deposit denominated
in gold.
(ii) Designated banks will accept gold deposits under the Short Term Bank Deposit (1-3 years), Medium (5-7 years) and
Long term (12-15 years) Government Deposit Schemes.
(iii) Short term bank deposits will be applicable cash reserve ratio (CRR) and statutory liquidity ratio (SLR).
(iv) There is no bar for maximum gold deposit but the minimum deposit at one time should be raw gold equivalent to 30
grams of 995 fineness standard.
(v) The raw gold should be in the form of coins, bars, jewellery excluding stones and other metals Individual banks will
determine the provision for premature withdrawal subject to a minimum lock-in period and along with the penalty.
7. RBI declared Priority Sector Lending norms for Regional Rural Banks
Key points of the norms:
(i) Priority Sector Lending (PSL) target was increased to 75 percent of total outstanding from the existing 60 percent.
(ii) The revised target will be effective from 1 January 2016.
(iii) Medium enterprises, social infrastructure and renewable energy were included under PSL category.
(iv) Agri-Loans: Loans to individual farmers, for the purpose of PSL, was increased to 50 lakh rupees from the present 10
lakh rupees against pledge/ hypothecation of agricultural produce (including warehouse receipts) for a period not
exceeding 12 months.
(v) Aggregate limit loan was doubled to 2 crore rupees per borrower in the case of loans, among others, to corporate
farmers, farmers producers organisations/ companies of individual farmers, farmers partnership firms/ co-operatives
engaged in agriculture and allied activities.
(vi) Housing Loans: The RBI has lowered the quantum of loans that will qualify as PSL. Against the earlier limit of 25
lakh rupees, loans to individuals up to 20 lakh rupees only are considered as PSL as per revised guidelines.
Note: As on March 2015, there were 56 RRBs operating in the country with a network of 20059 branches. They cover 644
notified districts in 26 states and the Union Territory of Puducherry.
8. NPCI to function as the central unit for Bharat Bill Payment Systems: RBI
The Reserve Bank of India decided to grant in principle approval to the National Payments Corporation of India (NPCI) to
function as the Bharat Bill Payment Central Unit (BBPCU) in Bharat Bill Payment System (BBPS).
The BBPS is an integrated bill payment system which will function as a tiered structure for operating the bill payment
system in the country with a single brand image providing convenience of anytime anywhere bill payment to customers.
9. RBI granted in-principle approval to three applicants for setting up TReDS
The Reserve Bank of India (RBI) granted in-principle approval to three applicants to set up and operate Trade Receivables
Discounting System (TReDS). The three organisations have been asked to set and operate TReDS in accordance to the
Guidelines issued on 3 December 2014 under the Payment and Settlement System (PSS) Act 2007.
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Organisations to which in-principle approval was granted are
NSE Strategic Investment Corporation Limited (NSICL) and Small Industries Development Bank of India (SIDBI), Mumbai
Axis Bank Limited, Mumbai
Mynd Solutions Pvt. Ltd., Gurgaon, Haryana
Background
(i) In the Union Budget for 2015-16 the Union Finance Minister had highlighted the need for and use of TReDS for
improving flow of funds to MSME sector by reducing the receivables realisation cycles.
(ii) TReDS will allow SMEs to post their receivables on the system and get them financed. This will not only give them
greater access to finance but will also put greater discipline on corporates to pay their dues on time.
10. SBI & ICICI Systemically Important Banks RBI
The Reserve Bank of India (RBI) designated State Bank of India (SBI) and ICICI Bank Ltd, the countrys two largest lenders,
as Domestic Systemically Important Banks (D-SIBs). The banks have been named Domestic Systemically Important
Banks (D-SIBs), with SBI falling in bucket three while ICICI Bank is in bucket one.
Systemically Important Bank Systemically important bank or a bank that is too big to fail is one whose failure will
have nationwide or worldwide impacts. A bank failure is a scenario in which the bank or financial institution is unable to
pay its depositors or fulfill its financial obligations.
11. RBI formed Financial Inclusion Fund with 2000 crore rupees corpus: The Reserve Bank of India (RBI) formed a single
Financial Inclusion Fund (FIF) with a corpus of 2000 crore rupees. The fund was formed by merging the Financial
Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF). This fund will support the developmental and
promotional activities covered under the financial inclusion initiatives.
Note:
Key Facts
FIF has been established as a single entity (fund) by merging Financial Inclusion Fund (FIF) and Financial Inclusion
Technology Fund (FITF).
It will provide support for funding the setting up and operational cost for running financial inclusion and Literacy
Centres.
One of its major objectives will be enhanced investment in Green Information and Communication Technology (ICT)
solution.
It will be administered by the reconstituted Advisory Board constituted by Union Government and will be maintained
by NABARD.
Note: The Financial Inclusion Fund (FIF) and Financial Inclusion Technology Fund (FITF) were constituted in the year
2007-08 for a period of five years with a corpus of 500 crore rupees each to be contributed by Government of India (GOI),
RBI and NABARD in the ratio of 40:40:20.
Eligible Institutions that can seek support from Financial Inclusion Fund (FIF)
Financial Institutions viz, Commercial Banks, Regional Rural Banks, Cooperative Banks and NABARD.
Eligible institutions with whom banks can work for seeking support from the FIF: Non Government Organisations
Self-Help Groups
Farmer's Clubs
Functional Cooperatives
IT enabled rural outlets of corporate entities.
Well-functioning Panchayats
Rural Multipurpose kiosks / Village Knowledge Centres
Common Services Centres (CSCs) established by Service Centre Agencies (SCAs) under the National e-Governance Plan
(NeGP).
Primary Agricultural Societies (PACs)
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12. RBI to Issue Rs. 500, Rs. 1000 Bank Notes with Enhanced Features - The Reserve Bank of India (RBI) will issue Rs. 500
and Rs. 1,000 bank notes with additional features to aid the visually impaired in identification. To help visually impaired
person in easy identification of bank notes, RBI decided to add two more features in Rs. 500 and Rs. 1000 bank notes.
Major Points
The new Rs. 1,000 and Rs. 500 denomination bank notes will have numerals in both the numbering panels in
ascending size from left to right, while the first three alpha-numeric characters will remain constant in size.
Further, Rs. 500 denomination bank notes will have five angular bleed lines in three sets of 2-1-2 lines on the
obverse in both, the upper left and the right hand edge of the bank note.
While, Rs. 1,000 bank notes will have six angular bleed lines in four sets of 1-2-2-1 lines on the obverse in both, the
upper left and right hand edge of the bank notes.
Further, both kind of bank notes will have enlarged identification mark with a circular shape for Rs. 500 and a
diamond shape for Rs. 1,000 near the left edge of the currency.
13. RBI to issue Rs 5 coin on golden jubilee of 1965 Indo-Pak war - The Reserve Bank of India will shortly put into
circulation Rs 5 coins to commemorate golden jubilee of Indo-Pak War 1965. "The coins will be legal tender as provided in
The Coinage Act 2011.
Note:
The new coin in the obverse will bear Lion Capital of Ashoka Pillar in the centre with Satyamev Jayate inscribed below
it.
On the reverse it will bear image of 'Amar Jawan' monument along with the design of olive leaves branch on its left and
right sides at the center, with the inscription "veerata aur balidan" in Devnagri script on the left upper periphery and
"VALOUR AND SACRIFICE" in English on the right upper
periphery.
14. RBI granted 'in-principle' approval to the 10 applicants to set up Small Finance Banks. The central bank had
received 72 applications for setting up small finance bank licences.
Names of selected applicants
Au Financiers (India) Ltd., Jaipur
Capital Local Area Bank Ltd., Jalandhar
Disha Microfin Private Ltd., Ahmedabad
Equitas Holdings P Limited, Chennai
ESAF Microfinance and Investments Private Ltd.,
Chennai
Janalakshmi Financial Services Private Limited,
Bengaluru
The in-principle approval granted will be valid for 18 months to enable the applicants to comply with the requirements
under the Guidelines and fulfil other conditions as may be stipulated by the RBI.
Small Banks - The purpose of the small banks will be to provide a whole suite of basic banking products such as deposits
and supply of credit, but in a limited area of operation. The aim of small banks is to increase financial inclusion in the
country. The small bank shall be registered as a public limited company under the Companies Act, 2013.
Committee on Small Banks - The applications will be analyzed and evaluated by an External Advisory Committee (EAC).
The EAC for small banks will be chaired by Usha Thorat, former deputy governor, RBI
Eligibility - Resident individuals with 10 years of experience in banking and finance, companies and Societies will be
eligible as promoters to set up small banks.
Key points
Capital requirement - The minimum paid-up capital requirement for small banks is Rs. 100 crore.
As per the guidelines, the promoters' initial minimum contribution will be at least 40 % of the minimum capital, to be
locked in for a period of 5 years.
Small banks will offer both deposits as well as loan products.
They cannot set up subsidiaries to undertake non-banking financial services activities.
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The maximum loan size and investment limit exposure to single/group borrowers/issuers would be restricted to 15
per cent of total capital funds.
Loans and advances of up to Rs 25 lakhs, primarily to micro enterprises, should constitute at least 50 per cent of the
loan portfolio.
For the first three years, 25 per cent of branches should be in unbanked rural areas.
The foreign shareholding in the bank would be as per the extant FDI policy.
For the initial three years, prior approval will be required for branch expansion.
15. RBI granted 'in-principle' approval to 11 Payment Banks applicants- Reserve Bank of India (RBI) on 19 August 2015
granted in-principle approval to 11 payment banks applicants under the Guidelines for Licensing of Payments Banks.
11 Payment Banks applicants which includes
2 Telecom companies Vodafone and Airtel;
1 Non-banking financial company - Cholamandalam Distribution Services Ltd;
2 Large conglomerates Reliance Industries and Aditya Birla Nuvo;
2 Individuals - Vijay Shekhar Sharma, founder of Paytm, and Dilip Shanghvi, Managing Director of Sun
Pharmaceuticals.
The Department of Posts, Fino Paytech, Tech Mahindra and National Securities Depository Ltd also made the cut.
Note: The Reserve Bank received 41 applications for payments banks. Of the 41 entities that applied for a licence, the
prominent names that did not make it in this round include Future Group Founder Kishore Biyani, Videocon d2h and
MG George Muthoot.
Payment Banks - The main objective of payment banks is to increase financial inclusion in the country via a primary focus
on domestic payments services by providing small savings accounts. Payments banks will be used only for transaction and
deposits purposes. Unlike small banks, payments banks cannot lend money.
Committee on Payment Banks - These applications are analyzed and evaluated by an External Advisory Committee
(EAC). The EAC Committee for Payment Banks is chaired by Dr. Nachiket Mor, Director, Central Board of the Reserve
Bank of India.
Key Points:
Capital requirement - The minimum paid-up capital requirement for payments banks is Rs. 100 crore.
The Reserve Bank grants a license for commencement of banking business under Section 22(1) of the Banking
Regulation Act, 1949.
RBI's in-principle nod will be valid for a period of 18 months, during which time the applicants have to comply with
the requirements under the Guidelines and fulfill the other conditions as may be stipulated by the Reserve bank.
As per the guidelines, the promoters' initial minimum contribution will be at least 40 % of the minimum capital, to be
locked in for a period of 5 years.
The payments bank will need to invest 75 percent of its funds in government securities.
Payments banks can open small savings accounts and accept deposits of up to Rs.1 lakh per individual customer and
provide remittance services. Hence, the balance at the close of business on any day should not exceed Rs.1 lakh per
customer.
Payments banks can issue debit cards but they are not eligible to provide credit card facilities.
Payments Banks are allowed to set up their own ATMs (automated teller machines).
Payments banks will have to invest in government securities with a maturity of up to 1 year.
List of 11 Payment Banks applicants 1.
2.
3.
4.
5.
6.
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16. R Gandhi Panel on UCBs - 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.
Key points:
For conversion, smaller UCBs with business size of less than 20,000 crore rupees who are willing to convert to Small
Finance Banks can apply to the RBI.
With the conversion, UCBs will be allowed to grow and proliferate further to meet the objective of financial inclusion
Entry Point Norms: The new Entry Point Norms (EPNs) may be as under:
100 crore rupees capital requirement to operate as a Multi-State Urban Co-operative Bank 50 crore rupees capital requirement to operate beyond two districts and as a State level UCB
25 crore rupees capital requirement to operate as District level UCB (upto 2 districts)
17. The Reserve Bank has permitted Non-Resident Indians (NRIs) to subscribe to the chit funds in India.
18. The Reserve Bank issued the final guidelines on Prepaid Payment Instruments for Mass Transit System (PPI-MTS)
enabling the issuance of a separate category of semi-closed prepaid payment instruments for mass transit systems.
Key points
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 reloadable instruments subject to an outstanding limit of 2,000/- at any point of time.
19. RBI extends deadline for exchanging pre-2005 currency till December 31, 2015 from June 30, 2015.
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Other Banking & Financial News 1. Chinas Yuan included in IMFs SDR Basket
The International Monetary Fund (IMF) decided to
include the Chinese Yuan in the basket of its elite
reserve currencies which is used to calculate the value
of the special drawing rights (SDRs).
Note: The Yuan, also known as the Renminbi, will
join the US dollar, euro, Japanese yen and British
pound next year from October 2016.
About Special Drawing Rights (SDR)
SDRs are supplementary foreign exchange reserve
assets defined and maintained by the International
Monetary Fund (IMF). Their value is based on a basket
of key international currencies reviewed by the IMF
every five years.
Note:
(i) SDR basket help countries defend against exchange
rate fluctuations. After inclusion of the Yuan, the SDR
will consist of five currencies viz., US dollar (41.73
percent weightage), euro (30.93), pound sterling
(8.09), Japanese yen (8.33) and Chinese Yuan (10.92
percent).
(ii) The weightage assigned to each currency in the
SDR basket are adjusted to take into account their
current share in international trade and national
foreign exchange reserves.
Why IMF Include Yuan in SDR Basket?
(i) China is the worlds second largest economy and its
share in global trade is rising.
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available for purchase for Rs. 351 in bank branches
by persons wishing to gift them to facilitate one year
payment of premium for Pradhan Mantri Jeevan Jyoti
Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha
Bima Yojana (PMSBY) by the recipient.
16. ADB (Asian Development Bank) lowered Indias
Growth Forecast for 2016 from 7.8% to 7.4%
17. Union Government has launched a seven pronged plan
called Indradhanush Mission to revamp functioning
of public sector banks (PSBs).
18. Indradhanush Mission - Union Government has
launched a seven pronged plan called Indradhanush
Mission to revamp functioning of public sector banks
(PSBs). It was launched by Union Finance Minister
Arun Jaitley in New Delhi.
Note: The seven shades of Indradhanush mission
include (i) appointments, (ii) Bank Board Bureau
(BBB), (iii) capitalisation (iv) de-stressing PSBs,
(v) empowerment, (vi) framework of accountability
and (vii) governance reforms. It seeks to achieve the
objective of economic growth revival through
improving credit and minimising the political
interference in the functioning of PSBs.
19. Union Government has decided to set up a Bank
Board Bureau (BBB) to monitor key performance
indicators of two dozen public sector banks (PSBs). It
was announced by Union Finance Minister Arun
Jailtley as part of a seven-pronged revamp plan for
PSBs dubbed as Indradhanush (rainbow) plan.
Key points
(i) Bank Board Bureau (BBB) will start the functioning
from next financial year i.e. from 1st April 2016 and
the selection of its member will start in the next six
months.
(ii) It will replace existing system Appointments Board
in which appointments for top level jobs at PSBs are
made by an appointments committee led by the
Reserve Bank of India (RBI) Governor.
(iii) Composition: The BBB will be a body of eminent
professionals and shall consist of only one government
official. It will be six members body with at least 3
former bankers, 2 professionals and secretary,
Indias GDP growth rate projected by different organisations for the current fiscal
1. RBI 7.4%
(The Reserve Bank on 29th Sept 2015,revised
downwards its real GDP forecast for 2015-16 to 7.4
per cent from earlier expectation of 7.6 per cent)
2. CRISIL (Indian credit rating agency) 7.9%
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6. IMF 7.3% (lowered from the previous 7.5 per cent to
7.3 per cent)
7. ADB 7.8%
8. Fitch 7.5% (lowered India's GDP growth estimate for
the current fiscal to 7.5 per cent from 7.8 per cent)
CURRENT AFFAIRS
New Appointments/ National
New Chief Minister of Bihar - Nitish Kumar.
Senior JDU leader Nitish Kumar was sworn-in as Chief
Minister of Bihar for the fifth time.
New Chief Information Commissioner - R K Mathur.
He succeeds Vijai Sharma.
New Chairman of Central Board of Direct Taxes
Arun Kumar Jain
New Chief Justice of India - Justice Tirath Singh (TS)
Thakur sworn in as 43rd Chief Justice of India. He
succeeded incumbent Justice H L Dattu.
New President of FICCI - Harshavardhan Neotia. He
succeeds Jyotsna Suri.
New Chairman of Central Board of Excise and
Customs (CBEC) Najib Shah
New President of ASSOCHAM - Sunil Kanoria. He
succeeded Rana Kapoor.
New Press Trust of India (PTI) Chairman - Hormusji
N Cama. He replaced Mohan Gupta.
New Mumbai Police Commissioner Ahmed Javed.
He replaces Rakesh Maria.
Note: Rakesh Maria has been promoted as DG of Home
Guard.
New President of Indian Newspaper Society - PV
Chandran
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Ambassador (Envoy)
New India ambassador to Italy - Anil Wadhwa.
New Indian Ambassador to Saudi Arabia Ahmed
New India ambassador to Russia - Pankaj Saran. He
Javed (Mumbai Police Commissioner)
replaces PS Raghavan
New India ambassador to Bangladesh - Harsh V
New India ambassador to Pakistan - Gautam
Shringla
Bambawale. He replaced TCA Raghavan.
New India ambassador to Japan - Sujan Chinoy. He
New India ambassador to United Kingdom - Navtej
replaces Deepa Wadhwa.
Sarna. He succeeded Ranjan Mathai.
U.S. Ambassador to Sri Lanka and Maldives (IndianNew India ambassador to China - Vijay Gokhale. He
American)- Atul Keshap
replaces Ashok Kantha.
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Appointments/ International
Prime Minister
New PM of Canada - Justin Trudeau (second
youngest prime minister to serve Canada)
New PM of Nepal KP Sharma. He replaced Sushil
Koirala.
New PM of Greece - Alexis Tsipras
New PM of Egypt - Sherif Ismail. He succeeds
Ibrahim Mehleb.
President
New President of Argentina - Mauricio Macri Blanco
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Appointment in Sports:
New BCCI President Shashank Manohar.
New President of the Cricket Association of Bengal
(CAB) - Sourav Ganguly
New Head of the All India Council of Sports - VK
Malhotra
International
1. 14th Meeting of the Council of Heads of
Governments of Shanghai Cooperation Organisation
held in in Zhengzhou, China.
Note: India, which is an acceding state at present, was
represented by Minister of State for External Affairs
Gen V K Singh.
2. 27th ASEAN Summit held at Kuala Lumpur, Malaysia
The theme for the 2015 summit was Our People, Our
Community, Our Vision.
Note: Malaysian Prime Minister Najib Tun Razak was
the Chairperson of the summit.
ASEAN Member Countries
Brunei Darussalam, Cambodia, Indonesia, Lao PDR,
Malaysia, Myanmar, Philippines, Singapore, Thailand,
Viet Nam
3. 13th ASEAN-India Summit held in Kuala Lumpur,
Malaysia.
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Women G20 Summit 2015 Istanbul, Turkey
The focus of the W20 is to enhance the role of
women in business.
Gulden Turktan was appointed as the first
president of the group.
She is one of the founders and President of the
Women Entrepreneurs' Association in Turkey
(KAGIDER), and is currently a member of its
Executive Board.
Note:
(i) Turkey has proposed three Is-Inclusiveness,
Implementation and Investment for growth.
(ii) India is going to chair Group of Twenty (G20)
nations forum in year 2018 and New Delhi could be
the host of the prestigious annual G20 summit.
Turkey will hand over the Chair for the next year i.e.
2016 to China and in 2017 Germany is going to
chair it.
Note: (2)
(i) 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.
(ii) Sherpa is a senior official responsible for
preparing the agenda for leaders to consider during
the summit.
(iii) Panagariya will be replacing Railway Minister
Suresh Prabhu who was appointed Sherpa for the G20 Summit in 2014.
G20 Members: Argentina, Australia, Brazil, Canada,
China, France, Germany, India, Indonesia, Italy, Japan,
Mexico, Russia, Saudi Arabia, South Africa, South
Korea, Turkey, the United Kingdom, the United States
of America and European Union.
7. The 9th Regional Pravasi Bharatiya Diwas (RPBD)
will be held at Los Angeles, California, USA from 14
November to 15 November 2015.
8. The India-US Ministerial Energy Dialogue held on
at the US Department of Energy, Washington.
9. BRICS University President Forum meet held in
Beijing, China.
10. 2015 Annual meetings of the World Bank Group and
the International Monetary Fund Lima, Peru
11. Leaders Summit on Peacekeeping held at the UN
headquarters in New York.
12. First India-US Strategic and Commercial Dialogue held
in Washington, USA.
13. 48th ASEAN (Association of Southeast Asian Nations)
Foreign Ministers meet was held in Kuala Lumpur,
Malaysia. The meet was chaired by Anifah Aman,
Minister of Foreign Affairs of Malaysia.
Note: The meet was held under the theme "Our
People, Our Community, Our Vision", to create an
ASEAN Community which is truly people-oriented,
people-centred comprising all areas of cooperation.
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Note: Finland on the first position followed by Norway
and Denmark.
4. FM Global Resilience Index 2015 119 (Norway
topped the index.)
5. World Hunger List 2015 - India tops in World Hunger
List.
Important Committees
1. Dr T K Viswanathan Committee - on Bankruptacy
Law Reforms
2. A P Shah committee - to look into the dispute
between Oil and Natural Gas Corporation Limited
(ONGC) and Reliance Industries Limited (RIL) on
Krishna Godavari (KG) gas fields.
3. L Narasimha Reddy Committee - to look into the
implementation of One Rank One Pension (OROP)
scheme for the ex-servicemen.
4. Arvind Subramanian Committee - on Possible Tax
rates under Goods and Services Tax (GST)
5. MB Shah Committee - on Black Money
6. RV Easwar Committee - to simplify the provisions of
the Income Tax Act, 1961.
7. Mihir Shah Committee - to restructure the Central
Water Commission (CWC) and the Central Ground
Water Board (CGWB) to encourage optimal
development of water resources in the country.
8. B S Baswan committee - to revisit civil services
examination pattern
9. T Haque committee - NITI Aayog constituted T Haque
Expert Group on Land Leasing
National News
1. Ministry of Railways flagged off first double decker
Goa-Mumbai train
Railways Minister Suresh Prabhu flagged off the first
Goa to Mumbai double-decker Shatabdi train through
video conference from Panaji, Goa.
The fully air-conditioned double-decker train is the
first-of-its-kind in India.
2. India received first consignment of uranium from
Canada
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Note: Khan Academy is US-based non-profit
educational organization which was founded in 2006.
It was founded by educator Salman Khan to provide
a free, world-class education for anyone, anywhere.
4. First India International Science Festival began at
IIT-Delhi
5. Union Government approved setting up of 6 new
IITs
The Union Cabinet approved setting up of six new
Indian Institutes of Technology (IITs) in Andhra
Pradesh, Chhatisgarh, Goa, Jammu, Kerala and
Karnataka.
6. The National Milk Day (NMD) observed on 26th
November 2015 across India to mark 94th birth
anniversary of the Father of the White Revolution Dr
Verghese Kurien.
7. Blue Revolution with an outlay of 3000 crore
rupees proposed
The
Scheme Blue
Revolution:
Integrated
Development and Management of Fisheries was in
news as Union Minister for Agriculture and Farmer
Welfare Radha Mohan Singh on the eve of World
Fisheries Day 2015 on 21 November 2015 mentioned
about it.
8. Ministry of Railways flagged off Vigithon to fight
against corruption
Railways Minister Suresh Prabhu flagged off Vigithon
marathon in Mumbai to sensitise people for a fight
against corruption at the grass-root level. Vigithon was
a run for corruption free India and was organised by
public sector lender Union Bank of India.
9. Doordarshan emerged as most watched Hindi
channel
Public service broadcaster Doordarshan claimed that it
has emerged as the most-watched Hindi channel in
terms of time spent per viewer ahead of top General
Entertainment Channels (GEC).
10. Union Finance Ministry launched E-Sahyog Pilot
Project to facilitate Taxpayers
The Union Finance Minister Arun Jaitley launched the
e-Sahyog pilot project of the Income-Tax Department
to facilitate taxpayers by reducing their need to
physically appear before tax authorities.
11. Facebook and BSNL partnered to set up 100 WiFi
hotspots in rural India
Under the joint initiative, Facebook has chosen 100
villages to provide Wi-Fi hotspots on a revenuesharing model. The social media major will spend 5
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terms of level of contribution from the manufacturing
sector.
(ii) Other states with higher manufacturing sector
share are Tamil Nadu (19.1%), Jharkhand (18.8%)
and Haryana (18.1%).
Services sector: Karnataka leads in the growth of
services sector in India. It is largely attributed to the
growth in the IT/BPO/ KPO sector. It is followed by
Tamil Nadu, Maharashtra and Andhra Pradesh.
Fastest-growing states: Bihar (17.06%), Madhya
Pradesh (16.86%) and Goa (16.43%).
Slowest-growing states: Telangana (5.3%), Punjab
(10.16%), Rajasthan (11%).
18. 3 Cities Fame India Eco Drive in New Delhi
Union Cabinet Minister of Heavy Industries and Public
Enterprises Anant Geete flagged off the 3-Cities Fame
India Eco Drive from Red Fort, New Delhi.
The 3-Cities Fame India Eco Drive is a public
awareness campaign to promote electrification of
automobile transportation to achieve objectives of the
National Mission for Electric Mobility (NMEM).
19. Union Government decided to impose 0.5%
Swachh Bharat Cess on all services
Union Ministry of Finance decided to impose 0.5
percent Swachh Bharat Cess (SBC) on all taxable
services. It will be levied in addition to the 14 percent
service tax that is in force now.
Note:
(i) The SBC will come into force on 15 November
2015. Its proceeds will be exclusively used to support
Swachh Bharat initiative.
(ii) The Union Government under the Swachh Bharat
Mission (SBM) is planning to spend around 134000
crore rupees by 2019 to construct 11 crore 11 lakh
toilets in the country.
20. Governing Council (GC) of the National Investment
and Infrastructure Fund (NIIF) under the
chairmanship of Finance Minister
The GC will be chaired by the Union Finance Minister
and has following five members
Secretary, DEA
Secretary, Financial Services
Arundhati Bhattacharya
Hemendra Kothari
T V Mohandas Pai
21. Cabinet Committee on Economic Affairs (CCEA)
approves 10% disinvestment in Coal India Ltd
About Coal India Limited
20 | P a g e
and National Ambient Air Quality Standards are being
continuously violated.
(iv) Pollution levels in many Indian cities, including
Delhi, Ahmedabad, Varanasi, Patna, Agra and Kanpur,
exceed the famously toxic levels in Beijing and other
Chinese cities, over the period covered by the NAQI
data (April-November 2015).
Top 5 most populated cities in world
1. Delhi (India)
2. Patna (India)
3. Gwalior (India)
4. Raipur (India)
5. Karachi (Pakistan)
28. The World Bank approved a 1.5 billion US dollar
loan for the ambitious Clean India Campaign (Swachh
Bharat Mission).
The loan was granted to support the government in its
efforts to ensure all citizens in rural areas have access
to improved sanitation and end the practice of open
defecation by 2019.
29. The Union Cabinet approved a 4000 crore rupees
proposal for introducing measures to encourage
Shipbuilding and Ship Repair Industry in India.
30. Hetero became first Indian company to receive
DGCIs approval for hepatitis C drug
Hyderabad-based Hetero Drugs announced that it
received the approval of Drug Controller General of
India (DCGI) to launch fixed-dose combination therapy
Ledipasvir-Sofosbuvir. The product will be available
under the brand name Ledisof in India.
With this approval, Hetero became the first
company in the country to get approval from DGCI
to launch hepatitis C medicines.
31. Delhi Government announced vehicle rationing
scheme to curb air pollution
The primary objective of the initiative is to split the
vehicular population in the city and thereby to bring
pollution levels under control.
Note:
(i) In the first phase of the scheme, vehicles with odd
and even number plates would be allowed to run
on alternate days between 1 January and 15 January
2016 in the capital city.
(ii) While the odd-numbered vehicles will ply on odd
dates, the even-numbered vehicles would ply on even
dates.
(iii) The rule will be enforced between 8am and 8pm
only and there will be no restrictions on Sundays.
21 | P a g e
42. India commits 33-35 per cent cut in carbon
emissions by 2030
43. Infrastructure output rises 2.6% in August
Note:
(i) Annual infrastructure output growth picked up in
August to 2.6 per cent from a year ago, mainly driven
by higher cement and electricity generation. The
output had grown 1.1 per cent year-on-year in July.
(ii) The infrastructure sector accounts for nearly 38
per cent of the country's industrial output.
44. Puducherry city first to get Smart city nomination
Puducherry city has emerged as the first nomination to
be received by the Urban Development Ministry for a
Smart City Mission.
45. Central Victim Compensation Fund set up with 200
crore rupees by Union Government - The Union
Ministry of Home Affairs introduced a scheme called
Central Victim Compensation Fund (CVCF) with an
initial amount of 200 crore rupees.
46. Union Cabinet approved constitution of 21st Law
Commission of India.
Key points
The term of the 20th law commission ended on 31
August 2015.
Justice Ajit Prakash Shah is the Chairman of 20th
law commission.
The 21st law commission will be functional for a
period of three years between 1 September 2015
and 31 August 2018.
47. Union Government cancelled the registration of
Greenpeace India under the Foreign Contribution
Regulation Act (FCRA), 2010. This move of the
government will make the NGO ineligible to receive
funds from abroad, which means it may force it to close
down its operations in India.
48. Union Cabinet gives nod to 3 new AIIMS 3 AIIMS will be established at Nagpur (Maharashtra),
Manglagiri (Andhra Pradesh) and Kalyani in West
Bengal.
49. Union Government to spend Rs. 70,000 crore for major
ports development under Sagarmala project.
50. Union Government has notified Mid-Day Meal (MDM)
Rules, 2015 under the Food Security Act, 2013.
51. Critically acclaimed Marathi film Court has been
selected as Indias official entry to the Best Foreign
Language category of the 88th Academy Awards
2016 (popularly known as Oscars).
52. IIT- Delhi, IISc figured in the top 200 World
University Rankings
22 | P a g e
63. PM Narendra Modi Announces Rs. 1.25 Lakh Crore
Special Package for Bihar
64. Taj Mahal had become the first historical monument
in the world to have its own Twitter account.
The Taj Mahal has made it to the top five of a
prestigious new list of the world's best tourist
attractions.
Note: The Temples of Angkor, a UNESCO World
Heritage site in northern Cambodia, tops the list,
The Great Barrier Reef in Australia comes in at
number two, the Inca city of Machu Picchu in Peru at
number three, and the Great Wall of China at four.
65. Nana Patekar has established an organisation which
will provide aid to farmers overcome by drought
conditions. The organisation has been named as Naam
Foundation.
66. UIDAI shifted to IT Ministry from NITI Aayog - The
Unique Identification Authority of India (UIDAI),
which issues Aadhaar cards, has been shifted to the
administrative control of the Ministry of
Communication and Information Technology from
Niti Aayog.
67. PM Modi released digitally restored recordings of
epic Ramcharitmanas
68. Union Ministry of Youth Affairs and Sports has decided
to recognize Yoga as a sports discipline and place it in
the Priority category.
69. India students in Gandhi dress create Guinness
Record - School children of Bangalore have created a
Guinness Record for the largest gathering of people
dressed as Mahatma Gandhi.
70. Union Agriculture Ministry renamed as Agriculture
and Farmers Welfare Ministry.
71. August 7 to be celebrated as National Handloom
Day every year:
72. Gujarat makes voting compulsory in local body
polls
73. French Automobile manufacturer Renault India
Ropes in Ranbir Kapoor as Brand Ambassador
74. Rural Development Minister launched SAMANVAY
for Gram Panchayats - to help MPs in utilising relevant
schemes in the planning and implementation of
Saansad Adarsh Gram Yojana (SAGY).
75. 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.
The Indo-Bangla Rail link would be completed by 2017
and the entire route will be constructed by IRCON.
23 | P a g e
(v) Male dominance: majority of 87 per cent
households is male-headed. Nearly 13 per cent do have
a female head.
(vi) In rural areas of Rajasthan, around 91 per cent
households are headed by men.
(vii) In Kerala 26 per cent are women-headed
households (highest among the states).
82. Uttarakhand became first Indian state to install a
system to detect earthquakes and disseminate
warnings.
83. The Constitution (100th Amendment) Act, 2015 President of India Pranab Mukherjee gave his assent to
the Constitution (119th Amendment) Bill, 2013 that
related to the Land Boundary Agreement (LBA)
between India and Bangladesh.
Note: (i) It is the 100th amendment to the Indian
Constitution and amends its first schedule.
(ii) The Constitution (100th Amendment ) Act,
2015, as it is called now, is intended to operationalise
24 | P a g e
11. Typhoon Melor struck the Philippines
12. Saudi Arabian voters voted to elect women in at
least 18 municipal council seats. This was a historic
local elections in Saudi Arabia in which women were
allowed to vote and run for office for the first time.
13. Alibaba Group Holding Ltd announced that it has
agreed to buy the 112-year old English newspaper
South China Morning Post (SCMP) for an
undisclosed amount.
14. Myanmar launched its first UNESCO Biosphere
Reserve Inle Lake
15. Myanmar inaugurated Yangon Stock Exchange
16. Myanmar inaugurated a new stock exchange, named
Yangon Stock Exchange (YSX), with plans for six
companies to start trading in March 2016.
17. UNESCO designated Varanasi and Jaipur as
members of Creative Cities Network
Varanasi and Jaipur made it to the network in the
categories, City of Music and City of Crafts and Folk
Art respectively.
18. Global Financial Integrity released the Global
Illicit Financial Flows Report 2015
The report found that developing and emerging
economies lost 7.8 trillion US dollars in illicit
financial flows from 2004 through 2013.
In the same period, illicit outflows increased at an
average rate of 6.5 percent per yearnearly twice as
fast as global GDP.
Note: Among the 149 countries surveyed, India
stood at the 4th position in terms of illicit financial
flows between 2004 and 2013 with 51 billion US
dollars.
The top 5 countries with highest illicit financial
flows- China (1), Russia (2), Mexico (3), India (4) and
Malaysia (5).
19. Beijing issued first-ever Red Alert on Air Pollution
Authorities in Chinese capital Beijing issued its firstever red alert on air pollution ordering schools to
close due to hazardous air quality. Red alert is the
highest possible state of caution.
20. General Motors India appointed Kaher Kazem as
President and MD
21. Wealth-X released World's 20 Most Generous People
list; Azim Premji ranked fourth
List of Worlds 20 Most Generous People
1. Bill Gates, Founder of Microsoft ($27 billion)
2. Warren Buffett, CEO of Berkshire Hathaway ($21.5
billion)
3. George Soros, Founder of Soros Fund Management
($8 billion)
4. Azim Premji, Chairman of Wipro ($8 billion)
5. Charles Francis Feeney, Co-founder of Duty Free
Shoppers Group ($6.3 billion)
6. Sulaiman bin Abdul Aziz Al Rajhi, Co-founder of Al
Rajhi Bank ($5.7 billion)
25 | P a g e
37. India gives $ 5 million grant to Palestine - India has
given a grant of five million US Dollars to Palestine as
Budgetary assistance.
President of Palestine - Mahmoud Abbas
38. Irans Parliament gives Preliminary approval for
Nuclear Deal The Nuclear deal between Iran and so-called P5+1
US, UK, France, China and Russia plus Germany was
struck in July 2015 after 20 months of negotiations.
39. 11 October: International Day of Girl Child
2015 theme: The Power of the Adolescent Girl:
Vision for 2030.
40. World Egg Day - 9 October 2015
41. IS militants blows up Palmyras iconic Arc of
Triumph - Islamic State (IS) militants have blown up
the iconic Arch of Triumph in the ancient Syrian city
of Palmyra. Arch of Triumph was a centrepiece of
the UNESCO world heritage site of ancient ruins of
Palmyra. It dated between 193 and 211 AD.
Note: Earlier in August 2015, IS militant group had
destroyed the ancient Temple of Baalshamin in same
region of Palmyra.
42. World Habitat Day - 5 October 2015
43. 1st October: International day of Older Persons
Theme for year 2015: Sustainability and Age
Inclusiveness in the Urban Environment.
44. Taliban militants have captured the strategic
northern Afghan city of Kunduz in a massive assault
involving hundreds of fighters.
45. G-4 countries viz Brazil, Germany, India and Japan
have issued a Joint Statement on United Nations
Security Council Reforms (UNSC).
46. September 21: International Day of Peace
The theme for the year 2015 is Partnerships for
Peace- Dignity for All.
47. Nepal has adopted new Constitution marking the
countrys transition to a secular and democratic
republic.
48. Highest mountain of North America Mt McKinley
renamed as Denali - The highest mountain of North
America renamed as Denali instead of its existing
name Mt McKinley by US President Barack Obama.
49. Egypt launches Suez Canal expansion - Egypt has
launched a major expansion of the Suez Canal. It was
inaugurated by Egyptian President Abdel Fattah alSisi in a lavish ceremony held at port city of Ismailiya
(located on west bank of canal).
50. 10th August: World Bio-Fuel Day
51. Pakistan formally conferred Associate Membership
status by European Organisation for Nuclear Research
(also known as CERN).
Note: The membership was granted after Pakistan
formally completed the required internal ratification
process. With this, Pakistan became the first Asian
country to become member of CERN.
About CERN
26 | P a g e
Andhra Pradesh
1. Prime Minister Narendra Modi has laid the
foundation stone of Shri Venkateswara Mobile and
Electronics Manufacturing Hub in Tirupati, Andhra
Pradesh.
2. Andhra Pradesh became the first state of India to
join the Union Governments Ujwal Discom
Assurance Yojana (UDAY).
The scheme aims at reviving debt-stressed power
distribution companies.
Other states to join UDAY scheme are Jharkhand
(second state) and Rajasthan (third state).
3. Prime Minister Narendra Modi laid foundation stone of
the new capital city of Andhra Pradesh-Amaravatiat Uddandayauruni Palem village.
4. Andhra Pradesh signed two memorandums with Japan
for development of the State
5. Andhra Pradesh launches e-Pragati to bring all
government services under one roof e-Pragati, a comprehensive architecture to leverage
the latest advances in e-governance tools. With this
launch, Andhra Pradesh became first state in India to
execute and conceive state-wide enterprise egovernance architecture.
Arunachal Pradesh
1. Arunachal Pradesh becomes the first state in the
country to launch web-based education programmes
for all schools.
Bihar
1. Grand Alliance won the 2015 Assembly Elections of
Bihar with two-thirds majority
Election Commission of India on 8 November 2015
announced the results of the 2015 Assembly elections
of Bihar. The elections were held in 5 phases between
12 October and 5 November 2015 for 243 assembly
seats.
Grand Alliance (Mahagathbandhan) of Rashtriya
Janata Dal (RJD), JANATA DAL (UNITED) (JD(U)) and
Indian National Congress (INC) emerged as the winner
of the election with thumping two-third majority. RJD,
a part of the grand Alliance with 80 seats emerged as
the largest party.
Gujarat
1. Gujarat Government launched a special Khadi Utsav in
Ahmedabad to promote khadi on the occasion of
Mahatma Gandhis 146th birth anniversary.
27 | P a g e
its new ambassador for the Tiger Conservation
Project.
4. Kumbh Mela - Worlds largest religious gathering
Sinhastha Kumbh Mela held at Trimbakeshwar, Nashik
district of Maharashtra.
Madhya Pradesh
1. Madhya Pradesh Government declared 33 percent
quota for women in government jobs
2. Madhya Pradesh Government launches M-ShikshaMitra mobile app for teachers
3. Bharat Heavy Electricals Limited (BHEL)
commissioned a 500 MW coal-based power plant unit
at Vindhyachal Super Thermal Power Station (STPS) in
Vindhyanagar, Singrauli district of Madhya Pradesh.
4. Shree Singaji Thermal Power Plant (600 MW) launched
in Khandwa district of Madhya Pradesh.
5. Madhya Pradesh won national award for excellent
work in MGNREGA: Madhya Pradesh has been
awarded the 10th national award for excellent work in
Mahatma Gandhi National Rural Employment
Guarantee Act - MGNREGA. Madhya Pradesh is at the
top in construction of permanent assets through
MGNREGA convergence in the country.
Odisha
1. Tata Steel has commissioned the first phase of its
integrated steel plant at Kalinganagar steel plant in
Jajpur district of Odisha
Puducherry 1. Three-day Mayyazhi Mahotsavam held in Mahe,
Puducherry
Punjab 1. Punjab Government establishes Special MGNREGA
cell - Punjab Government has established a special
MGNREGA cell to coordinate effective implementation
of National Rural Employment Guarantee Scheme in
the state. It has been established by Punjab Rural
Development and Panchayat Department at
Chandigarh with an outlay of 233 crore rupees.
Rajasthan
1. Rajasthan has become the first state in the country
to submit State Annual Action Plan under Atal Mission
for Rejuvenation and Urban Transformation
(AMRUT).
Tamil Nadu
1. Tamil Nadus first Global Investors Summit (TNGIM
2015) held in Chennai.
2. World Bank offers $400 million loan to the Tamil Nadu
government for its Sustainable Urban Development
Project.
Telangana
1. Intel launched Ek Kadam Unnati Ki Aur initiative
from Telangana
Intel India launched Ek Kadam Unnati Ki Aur initiative
from Nadimpalle village in Mahabubnagar district of
Telangana by opening an Unnati Centre.
The objective of the programme is to augment
digitalization of rural India. It will be implanted in 10
states across the country and complements the Digital
India initiative of the Union Government.
Tripura
1. First Kisan Call Centre (KCC) of North- East opened in
Agartala, Tripura.
2. Tripura government has decided to withdraw the
Armed Forces Special Powers Act (AFSPA), 1958 from
the remaining areas of the state.
Uttrakhand
1. The National Tiger Conservation Authority (NTCA) has
approved Rajaji National Park, Uttarakhand as India's
48th Tiger Reserve. With this approval, Uttarakhand
has now got a second tiger reserve after the Corbett
Tiger Reserve.
2. Uttarakhand becomes No. 2 in tiger population:
Uttarakhand has ranked second among Indian states in
terms of tiger population after Karnataka in India.
Uttrakhand has registered 340 tigers - a rise of 113
tigers since the last census (227) becoming the second
state in the country. Karnataka with 406 tigers became
the first state with highest number of tigers in the
country.
Uttar Pradesh
1. Uttar Pradesh Government has launched
International festival on Birds in a bid to promote
state as an international bird-watching destination
2. UP Governments Clean UP, Green UP initiative
earns place in Guinness Book
Note: Uttar Pradesh governments ambitious Clean UP,
Green UP initiative has earned itself a place in the
Guinness Book of World Records.
Under state governments green drive initiative 10
lakh saplings were planted in one day within a span of
eight hours on November 7, 2015 at 10 locations in the
state. This new record has surpassed the earlier record
for plantation of maximum number of tree that was 8
lakh 50 thousand trees in a single day.
3. Uttar Pradesh Government launched mobile app
mSehat for health workers - Uttar Pradesh
Government launched the mobile app mSehat for
health workers to record maternal and infant data in
28 | P a g e
real-time. The application is aimed at improving the
infant mortality rate outcomes.
4. Uttar Pradesh government decided to rename UPTU as
APJ Abdul Kalam Technical University
5. Uttar Pradesh Government renamed the Lucknow
Prani Udyan, popularly known as Lucknow zoo, as
Nawab Wajid Ali Shah Prani Udyan, Lucknow.
29 | P a g e
proposed to invest 30 billion US dollars in urban
development and housing projects in India.
10. Asian Development Bank (ADB) has decided to
provide 120 million dollars loan to upgrade the
India-Bangladesh electricity network.
11. India, Australia agrees to deepen bilateral Defence
Partnership.
12. India, Indonesia sign pact to cooperate on criminal
matters.
13. Union Cabinet approves MoU with Cambodia for
cooperation in tourism.
14. India and Nepal signed a Memorandum of
Understanding (MoU) for constructing a Petroleum
30 | P a g e
2. UK
Visit Date: 12-14 November 2015
Prime Minister: David Cameron
Currency: Pound Sterling
Major Highlights of Modis UK visit
Modi inaugurated Dr. Bhimrao Ramji Ambedkar Memorial and unveiled Basaveshwara Statue.
Modi became the first Indian head to address the British parliament.
Modi attended the UK-India CEO Forum.
3. Turkey
Visit Date: 14-16 November 2015
President: Recep Tayyip Erdoan
Currency: Turkish Lira
Major Highlights of Turkey Visit
Modi attended G-20 summit 2015 in Antalya, Turkey and the meet of BRICS leader.
Modi proposed 10-Point Plan to tackle Terrorism and find solution to refugee crisis
Modi and turkey President announced procedural completion of Civil Nuclear Agreement with Australia.
4. Malaysia:
Visit Date: 21-23 November 2015
Malaysia PM Najib Razak
Capital Kuala Lumpur
Currency Malaysian Ringgit
Major Highlights of Modis visit to Malaysia
Modi attended ASEAN Business and Investment Summit, 13th ASEAN-India Summit and 10th East Asia Summit in Kuala
Lumpur.
Modi inaugurated Torana Gate in Kuala Lampur with Razak
Indian Cultural Centre to be named after Netaji Subhas Chandra Bose.
5. Singapore
Visit Date: 23-24 November 2015
Singapore PM - Lee Hsien Loong
Capital Singapore
Currency Singapore Dollar
Major Highlights of Modis visit to Singapore
Modi and Lee Hsien Loong released joint Statement titled Renewed Spirit, New Energy.
Modi attended India-Singapore Economic Convention.
Ten agreements/MoUs were inked between two countries.
Modi and Lee Hsien Loong released commemorative stamps depicting Rashtrapati Bhawan and Istana-Official
residence of Singapore President - to mark 50 years of bilateral relation.
31 | P a g e
9. TR
Govindarajan
Distinguished
football
administrator
10. Mahip Singh - Writer, Journalist
11. Sankaran Nair - RAW former Chief
12. RK Trivedi - Former Gujarat Governor
13. Ashok Singhal - Vishwa Hindu Parishad (VHP) leader
14. Saeed Jaffrey - Veteran Bollywood actor
15. Hemendra Narain - Senior journalist
16. Kamala Laxman - A well-known author of children's
books
17. Bimal Prasad - India's former Ambassador to Nepal
18. Brijmohan Lall Munjal Founder of Hero Group
19. V.N. Misra - Eminent archaeologist
20. Labh Janjua - Bollywood singer
21. Syed Zahoor Qasim - Renowned marine biologist
22. KSL Swamy - Veteran Kannada film-maker
23. Legendary Tamil actress Gopishantha, popularly
known by her stage name Manorama, passed away.
24. Ravindra Jain - Renowned music director and lyricist
25. Edida Nageswara Rao - Noted Telugu film producer
26. Syed Ahmed - Manipur Governor
International
1.
2.
3.
4.
32 | P a g e
14. To the Brink and Back: India's 1991 Story written by
former Union Environment & Forest Minister
(Independent Charge) Jairam Ramesh.
15. Globalisation, Democratization and Distributive Justice
authored by Mool Chand Sharma
16. 30 Women in Power: Their Voices, Their Stories
authored by Naina Lal Kidwai.
17. Making India Awesome written by Chetan Bhagat
18. Mrs. Funnybones written by Twinkle Khanna
19. Ghosts of Calcutta written by Sebastian Ortiz
20. Green Signals: Ecology, Growth, Democracy in India
written by Jairam Ramesh
21. Uniki written by CH Vidyasagar Rao, Governor of
Maharashtra.
22. The China Model written by Daniel A Bell.
23. Recasting India written by Hindol Sengupta.
24. Sourav Ganguly: Cricket, Captaincy and Controversy
written by Saptarshi Sarkar.
25. Flood of fire written by Amitav Ghosh.
26. India Central Asia Relations: The Economic
Dimension authored by Amiya Chandra.
Turning Points
Target 3 Billion
Indomitable Spirit
The Luminous Sparks
Envisioning an empowered nation
Guiding Souls: Dialogues on the Purpose of Life
5.
6.
7.
8.
9.
33 | P a g e
with Aditya Vikram Birla Kala Shikhar Award for life
time achievement by Maharashtra government.
10. 2015 Vishnudas Bhave Award - Renowned film,
television and stage actor Vikram Gokhale conferred
with the award.
11. AIR programme on Child Labour wins 2015 ABU
Prizes - All India Radios (AIRs) Programme on child
labour titled Nilkkam Ivarkkoppam has won the first
prize at the 2015 Asia-Pacific Broadcasting Union
(ABU) Prize ceremony.
The programme has won the award under the
Community Service Announcement category at the
52nd General Assembly of ABU held in Ankara,
Turkey.
12. Miss Diva 2015 - Urvashi Rautela.
13. 2015 Hridaynath Mangeskar Award Music
composer AR Rehman.
14. J.C. Daniel Award for the year 2014 - Renowned
Malayalam filmmaker I.V. Sasi conferred with the
award.
15. Shashi Kapoor honoured with the Lifetime
Achievement award during the closing ceremony of the
6th Jagran Film Festival in Mumbai.
16. Skoch Award for Effective Solid Waste Management
The Tiruchirapalli City Municipal Corporation awarded
with Skoch Smart Governance Award for Achieving
Operational Excellence in Waste Transportation using
Information and Communication Technology (ICT)
based solutions.
17. Merlin Award - Zenia Bhumgara of India conferred
with the Merlin Award in Mumbai.
Note: The award is a prestigious honour in the field of
magic conferred by the International Magicians
Association (IMS).
18. CSIR Award for S&T Innovations for Rural
Development (CAIRD) 2014 - Council of Scientific
and Industrial Research-Central Institute of Medicinal
and Aromatic Plants (CSIR-CIMAP), Lucknow
conferred with the award.
19. Skoch Award for Smart Governance - Employees
Provident Fund Organisation (EPFO) won the Skoch
Award for Smart Governance.
20. 2015 Global Leadership Award - 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).
21. Jnangarima Manad Alankaran award - Renowned
Urdu scholar Shamim Hanfi honoured with the
Jnangarima Manad Alankaran by Bharatiya Jnanpith in
New Delhi.
22. Haryana bagged the Skoch Order-of-Merit national
award for implementation of six e-Governance and IT
initiatives in the state.
23. Kolkata Port adjudged as the best 'Major Port of
2014-15'.
34 | P a g e
17. Sharath M Gayakwad
(Para-Swimming)
International
Nobel Prize 2015
1. The Nobel Prize in Physics 2015
Winner - Takaaki Kajita & Arthur B. McDonald
Field of the discovery: For the discovery of
neutrino oscillations, shows that neutrinos have
mass.
Note: Takaaki Kajita is from Japan and Arthur B.
McDonald is from Canada.
2. The Nobel Prize in Chemistry 2015
Winner - Tomas Lindahl, Paul Modrich & Aziz
Sancar
Field of the discovery: For mechanistic studies of
DNA repair.
Note: Tomas Lindahl is from Sweden, Paul
Modrich is from United States and Aziz Sancar is
from Turkey.
3. The Nobel Prize in Physiology or Medicine 2015
Winner - William C. Campbell & Satoshi mura
35 | P a g e
democracy in Tunisia in the wake of the
Jasmine Revolution of 2011.
6. The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 2015
Winner: Angus Deaton
Field of the discovery: For his analysis of
consumption, poverty, and welfare
Note: Angus Deaton is from United Kingdom.
Others Awards
1. 2015 Confucius Peace Prize - Zimbabwean
President Robert Mugabe awarded with the 2015
Confucius Peace Prize by China for supposedly
injecting fresh energy into the global quest for
harmony.
2. Activist Bindeshwar Pathak selected for New York
Global Leaders Dialogue Humanitarian Award
Sociologist and founder of Sulabh International
Bindeshwar Pathak selected for the prestigious New
York Global Leaders Dialogue Humanitarian Award
for his contribution to sanitation and improving the
quality of life for millions of manual scavengers.
3. Angry Indian Goddesses bagged Peoples Choice
Award at Rome Film Festival
Director Pan Nalins film, Angry Indian Goddesses,
awarded with BNL Peoples Choice Award at the 10th
Rome Film Festival held in Rome, Italy.
4. 2015 International Children's Peace Prize Liberian teenager Abraham M Keita awarded with
the prestigious International Childrens Peace Prize
2015. He was awarded for his extraordinary and
peaceful fight for justice for child victims of physical
or sexual violence, and for successfully campaigning
for the Liberian parliament to adopt the Childrens
Law.
5. Tennis champion-turned Hollywood filmmaker
Ashok Amritraj was awarded with an honorary
doctorate of Arts by the University of East London.
6. 2015 Sakharov Prize for Freedom of Thought
Saudi blogger Raif Badawi awarded Sakharov Prize
for Freedom of Thought for the year 2015.
Note: Badawi, author of the website Free Saudi
Liberals, was convicted of insulting Islam in 2012
and was sentenced to 10 years in jail and 1000 lashes.
7. 2015 Reporters without Borders Prize - Syrian
woman journalist Zaina Erhaim has won the
prestigious 2015 Reporters without Borders Prize for
her defence of press freedom.
8. Female Player of the Year award - World number
one women shuttler Carolina Marin from Spain has
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20. Man Booker Prize 2015 - British-Indian author
Sunjeev Sahota shortlisted for the prestigious Man
Booker Prize 2015.
Note: Sahota's novel The Year of the Runaways, his
second novel, centres around the lives of 13 Indian
men who live in a house in Sheffield, each in desperate
search of a new life.
21. India won the UNESCO prize Award of Excellence
2015 for the conserving the Sree Vadakkunnathan
Temple of Kerala. The award was given in the
category of UNESCO Asia Pacific Heritage Award for
Cultural Heritage Conservation.
22. 2015 Stockholm Water Prize - The Waterman of
India Rajendra Singh was conferred with the 2015
Stockholm Water Prize.
23. Three Indians named Fellows of American Society
for Metals for 2015 - Pradeep Goyal, Vivekanand
Kain, and Gankidi Madhusudhan Reddy
24. Acclaimed writer Jhumpa Lahiri awarded with 2014
National Humanities Medal by White House
25. Bollywood actor Anupam Kher conferred with the
Honoured Guest of Texas award for his contribution
to the cinema and the world of art.
26. Presidential Medal for promoting peace - Tibetan
Prime Minister Lobsang Sangay was awarded with
the prestigious Presidential Medal by Salisbury
University in Maryland, US for promoting peace and
understanding.
27. 2015 PEN Pinter Prize - Saudi blogger and activist
Raif Badawi and British poet and critic James Fenton
awarded with the 2015 PEN Pinter Prize.
28. 2015 MacArthur Fellow - Kartik Chandran, an
Indian-American associate professor of earth and
environmental engineering at Columbia Engineering,
was named a 2015 MacArthur Fellow.
29. Pride of Britain Award - Indo-British van driver Dee
Patel honoured with Pride of Britain Award.
Note: Patel had risked his life to save others.
30. 2015 SASTRA Ramanujan Prize - Mathematician Jacob
Tsimerman of the University of Toronto, Canada
conferred with the award.
31. Ramon Magsaysay Awardees 2015 Two Indians
among the 5 awardees conferred with the so-called
Asias Nobel Prize.
List of Awardees
Sanjiv Chaturvedi, India - He was awarded for
investigating corruption in public office.
Anshu Gupta, India - He was recognized for his
creative vision in transforming the culture of
giving in India. He founded Goonj in 1999, which is
a non-governmental organisation based in Delhi.
Kommaly Chanthavong, Laos: She was
recognized for her fearless, indomitable spirit to
revive and develop the ancient Laotian art of silk
weaving, creating livelihoods for thousands of
poor.
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Gold Monetisation Scheme (GMS), 2015 - The GMS will replace the existing Gold Deposit Scheme, 1999. However,
the deposits outstanding under the Gold Deposit Scheme will be allowed to run till maturity unless the depositors
prematurely withdraw them.
Few things to know about the scheme
Instead of buying gold in physical form investors can park their money in bonds which are backed by gold. The bonds
will be available both in demat and paper form.
Sovereign Gold Bond has more or equal advantage against the physical gold. The bond will be issued by RBI on behalf
of the Government of India.
Maximum Limit - The bond would be restricted for sale to resident Indian entities and the maximum allowable
limit is 500 grams per person per year.
Rate per gram - The RBI has fixed the public issue price of sovereign gold bonds at Rs 2,684 per gram.
Denominations - These bonds will be issued in denominations of 5, 10, 50 and 100 grams of gold or other
denominations.
Know-your-customer (KYC) norms will be the same as that for purchase of physical gold. KYC documents such as
Voter ID, Aadhaar Card/PAN or TAN /Passport will be required.
Gold coins and Bullion Scheme - The coins will be available in denominations of 5 and 10 grams. A 20 gram bar or
bullion will also be available. About 15,000 coins of 5 gm, 20,000 coins of 10 gm and 3,750 gold bullions will be
made available through MMTC outlets.
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2. President launches IMPRINT India initiative of IITs and IISC
President Pranab Mukherjee launched Impacting Research Innovation and Technology (IMPRINT) India to boost
research in the country. The initiative is joint venture of Indian Institutes of Technology (IITs) and Indian Institute of
Science (IISC).
Key facts
IMPRINT India initiative seeks to develop a roadmap for research in order to solve major engineering and technology
challenges in 10 identified technology domains.
These 10 domains are: Health Care, Computer Science and ICT, Advance Materials, Water Resources and River
systems, Sustainable Urban Design, Defence, Nano-technology Hardware, Environmental Science and Climate Change
and Energy Security.
3. Union Cabinet launched UDAY for financial turnaround and revival of DISCOMS
(i) The Union Cabinet gave its nod to Ujwal DISCOM Assurance Yojna (UDAY), a new scheme proposed by the Ministry of
Power.
(ii) The scheme aims at alleviating the financial crunch faced by Power Distribution companies (DISCOMs) that has
impaired their ability to buy electricity.
(iii) The scheme targets the revival of DISCOMs. It will also ensure a sustainable permanent solution to the problem.
How UDAY will revive the DISCOMS?
UDAY will empower DISCOMs with the opportunity to break even in the next 2-3 years through four initiatives:
Improving operational efficiencies of DISCOMs.
Reduction of cost of power.
Reduction in interest cost of DISCOMs.
Enforcing financial discipline on DISCOMs through alignment with state finances.
Key features of UDAY
States will take over 75 percent of DISCOM debt as on 30 September 2015 over two years.
Union Government will not include the debt taken over by the states n the calculation of fiscal deficit of respective states in
the financial years 2015-16 and 2016-17.
States will issue non-SLR including SDL bonds in the market or directly to the respective financial institutions holding the
DISCOM debt to the appropriate extent.
States will take over the future losses of DISCOMs in a graded manner.
States accepting UDAY and performing as per operational milestones will be given additional/priority funding through
schemes of Ministry of Power and Ministry of New and Renewable Energy.
States not meeting operational milestones will be liable to forfeit their claim on IPDS and DDUGJY grants.
4. Green Indian Mission (GIM) Plans Approved for 4 States - National Mission for a Green India (GIM) falling under the
Environment Ministry has approved annual plans for Kerala, Mizoram, Manipur and Jhakhand.
Note: GIM, which is one of the eight Missions outlined under National Action Plan on Climate Change (NAPCC),
acknowledges the influence forests have on environmental amelioration through climate change mitigation, food security,
water security, biodiversity conservation and livelihood security of forest-dependent communities.
5.
SEHAT scheme - The Union government launched a telemedicine initiative 'Sehat' in collaboration with Apollo
Hospitals to provide healthcare facilities in rural areas. The initiative was launched by Union Communication and IT
Minister Ravi Shankar Prasad at a function in New Delhi.
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It was modified and christened as PaHal in November 2014 and was launched in 54 districts. Later it was
extended nationwide on 1 January 2015.
Under the scheme, subsidized liquefied petroleum gas (LPG) cylinders are sold at market rates and consumers
are entitled to receive LPG subsidy directly into their bank accounts.
7. Housing For All: Centre identifies 305 cities, towns Key points
The housing ministry has identified 305 cities and towns across 9 states to start building houses for the poor in
urban areas.
The government has set the target to provide houses to two crore families belonging to the economically weaker
section (EWS) in urban areas by 2022.
8. Union Government releases Rs 2,000 crore for Employees Pension Scheme
Key points
Union Government has released 2,000 crore rupees to Employees Pension Scheme (EPS), 1995 as its contribution for
the year 2015-16.
This contribution is in addition to the 250 crore rupees contributed by the government as grant-in-aid in the EPS in
order to provide minimum pension of 1,000 rupees to pensioners under the scheme.
9. e-Pragati to pave way for Digital Andhra Pradesh Key points
Andhra Pradesh State government is now rechristening the AP State Enterprise Architecture (APSEA) as e-Pragati.
APSEA is a comprehensive architecture to leverage the latest advances in e-governance tools.
e-Pragati extends to 33 secretariat departments and over 300 government agencies in AP.
It seeks to provide a bouquet of 745 services in the government to customer (G2C), government to business (G2B),
government to enterprise (G2E) and government to government (G2G) areas.
10. Union Government has launched the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) for the welfare of
people affected by mining related operations.
11. Union Cabinet approves Shyama Prasad Mukherji Rurban Mission to drive economic, social and infrastructure
development in rural areas.
Note: In this regard, Union Government has earmarked an outlay of Rs. 5142.08 crores rupees for the mission to develop
300 clusters over next three years across the country.
12. Union Government launches 2nd phase of Mission Indradhanush
Key points
Union Ministry of Health and Family Welfare launched the second phase of Mission Indradhanush to achieve full
immunization of children below two years.
In the second phase, the week-long programme will be implemented in 352 districts of the country.
Mission Indradhanush depicts 7 colours of the rainbow which aims to cover all those children by 2020 who are
either unvaccinated or are partially vaccinated against 7 vaccine preventable diseases.
These 7 diseases are Diphtheria, Whooping cough, Tetanus, Polio, Tuberculosis, Measles and Hepatitis B.
WHO (World Health Organisation), UNICEF, Rotary International and others are donor partners for Mission
Indradhanush.
Note: The mission was launched in December 2014 on the occasion of National Good Governance Day. The first phase
drive was started in April 2015 in 201 districts covering 45 lakh children and immunising 20 lakh children.
13. PM Narendra Modi launches IPDS in Varanasi to ensure 247 power supply to every house
Key points
Prime Minister Narendra Modi launched National Integrated Power Development Scheme (IPDS) in Varanasi, Uttar
Pradesh to provide 247 power supply to every house.
To start the scheme in Varanasi, PM laid foundation stone of two power substations and Union Government will
provide 572 crore rupees to implement it.
Apart from launching IPDS, PM also laid the foundation stone of seven other developmental projects in Varanasi. He
also formally inaugurated the biggest Trauma centre of the country in Banaras Hindu University.
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14. Union Government launches SAHAJ scheme for online release of new LPG connections
Union Government has launched SAHAJ scheme for online release of new LPG connections for the consumers as parts
of its consumer friendly initiative.
It was launched by Union Petroleum and Natural Gas Minister Dharmendra Pradhan at a function held in New Delhi.
15. Pradhan Mantri Awas Yojana (PMAY) - Prime Minister Narendra Modi launched the Housing for All by 2022 scheme,
also known as the Pradhan Mantri Awas Yojana (PMAY) in New Delhi. The Housing for All scheme will replace all
previous government housing schemes such as the Rajiv Awas Yojana.
Two other schemes were also launched as complementary to the affordable housing scheme, a scheme for development of
Smart Cities across the country and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) that allows
for urban renewal and upgradation of infrastructure in the major urban tracts of the country.
I. Atal Mission for Rejuvenation and Urban Transformation (AMRUT) Prime Minister Narendra Modi launched
AMRUT mission aimed at transforming 500 cities and towns into efficient urban living spaces, with special focus on a
healthy and green environment for children. The Cabinet approved Rs 50,000 crore for this mission which is to be spent
over the next five years.
Note: Rajasthan has become the first state in the country to submit State Annual Action Plan under Atal Mission for
Rejuvenation and Urban Transformation (AMRUT).
II. Smart Cities Mission - Prime Minister Narendra Modi launched Smart Cities Mission, focus on developing 100 select
Smart cities by focusing on optimising efficiencies in urban services and infrastructure management, with proactive use
of technology and people participation. The Cabinet approved of Rs 48,000 crore outlay to be spent on the project over
the next five years.
16. Deendayal Upadhyaya Gram Jyoti Yojana - Union Government launched Deendayal Upadhyaya Gram Jyoti Yojana
(DUGJY) in Patna, Bihar. The flagship scheme was launched by Prime Minister Narendra Modi with an aim to provide
247 uninterrupted electricity supply to each rural household across the country by 2022.
Key points
(i) This scheme replaces Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), which was launched by previous UPA
government led by then PM Manmohan Singh.
(ii) The scheme is one of the flagship programmes of the Power Ministry.
(iii) It also seeks to strengthen Micro grid and off grid distribution network of rural electrification.
17. HRIDAY - Heritage City Development and Augmentation Yojana Union Ministry of Urban Development launched the
National Heritage Development and Augmentation Yojana (HRIDAY) for 12 cities in the country from Amritsar, Punjab.
The scheme was launched by Union Minister of Finance, Corporate Affairs and Information & Broadcasting Arun Jaitley.
Key points (i) The scheme seeks to preserve and rejuvenate the rich cultural heritage of the country in the 12 selected cities in the
country.
(ii) With a duration of 27 months (completing in March 2017) and a total outlay of INR 500 Crores, the Scheme is set to be
implemented in 12 identified Cities namely, Ajmer, Amaravati,(Andhra Pradesh), Amritsar, Badami, Dwarka, Gaya,
Kanchipuram, Mathura, Puri, Varanasi, Velankanni and Warangal.
18. Skill India campaign 2015 - Prime Minister Narendra Modi launched Skill India campaign at Vigyan Bhawan, New Delhi
on first ever World Youth Skills Day on 15th July 2015.
Key points
(i) The campaign aims to converge and monitor skill development schemes across the country as well as provide
subsidized loans to students for vocational training.
(ii) A Skill Loan has been launched, where loans from 5,000 to 1.5 lakh rupees will be available to over 34 lakh youth,
over the next five years.
19. Mobile app Disha launched in Bihar - Telecom Minister Ravi Shankar Prasad launched a new mobile app named Disha
to promote digital literacy in Bihar.
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20. Grama Jyothi scheme launched in Telangana - Telangana Chief Minister K. Chandrasekhar Rao launched a flagship
programme Grama Jyothi across the state.
21. RISHTA project launched in Himachal Pradesh - Himachal Pradesh Government launched the Rajiv Gandhi
Illuminating Scheme for Hill Town Advancement (RISHTA) project, an efficient smart LED based street lighting project.
With this, Himachal Pradesh became the first state in North India to do so.
Key points
(i) The scheme is also known as Centralized Control and Monitoring System (CCMS) Smart Street Lighting Scheme
for Urban Local bodies which implements LED based street lighting project.
22. Namami Gange Program - Union Cabinet chaired by the Prime Minister Narendra Modi approved the flagship Namami
Gange Program. It has a budgetary outlay of 20000 crore rupees for 2015-20. It will be implemented National Ganga
River Basin Authority (NGRBA) with the help of State Program Management Groups (SPMGs).
23. Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) - Agriculture Irrigation Scheme.
Key points:
Scheme aims at providing irrigation facilities to every village in the country by converging ongoing irrigation schemes
implemented by various ministries.
Budgetary allocation: 1,000 crore rupees for fiscal year 2015-16.
Funding Pattern: Centre- States will be 75: 25 per cent. In case of north-eastern region and hilly states it will be 90:10.
24. Sukanya Samriddhi Yojana: It is a small deposit scheme for the girl child.
Key points of the scheme
In one family, a maximum of two accounts can be opened for two girl children. The account can be transferred
anywhere in India from one Post office/Bank to another.
Age Limit: The upper age limit of the girl child for opening this account is 10 years. The govt. has given a relaxation of
one year in the upper age limit for those opening accounts till December 1, 2015.
Documents required - 1. Birth Certificate of the girl child. 2. Address proof. 3. Identity proof.
Minimum & Maximum deposit: The minimum deposit under the scheme is Rs. 1000/-. The maximum deposit is Rs.
1.5 lakhs. There is no limit on the number of investments one can make in an account either in a month or in a year.
Interest rate: The government will announce the interest rate of the scheme every year. However, the government of
India has increased the rate of interest from 9.1% (2014-15) to 9.2% (2015-16) for this financial year.
Maturity period: The maturity period of the scheme is 21 years from the date of account opening, though deposits
need to be made only for the first 14 years.
The minimum lock-in in period under the Sukanya Samriddhi Yojana is 11 years.
25. Pradhan Mantri Kaushal Vikas Yojana (PMKVY):
The scheme aims to impart skill training to youth with focus on first time entrants to the labour market and class 10
and class 12 drop outs.
The scheme will be implemented by the Union Ministry of Skill Development and Entrepreneurship through the
National Skill Development Corporation (NSDC). I
t will cover 24 lakh persons and skill training would be based on the National Skill Qualification Framework (NSQF)
and industry led standards
26. Bhagyashree scheme: It is girl child scheme was launched in Maharashtra. Bollywood actress Bhagyashree is the brand
ambassador of the scheme.
Key points of the scheme:
The state government will deposit an amount of 21200 rupees in bank for a girl child born in a Below the Poverty Line
(BPL) family.
The scheme aims at providing one 1 lakh rupees on maturity after the girl completes 18 years of age.
The scheme would be linked to the Beti Bachao Beti Padhao scheme of Union Government.
27. Rashtriya Avishkar Abhiyan (RAA): Former President of India Dr. APJ Abdul Kalam launched the Rashtriya Avishkar
Abhiyan (RAA) in New Delhi. The abhiyan aims to inculcate a spirit of inquiry, creativity and love for Science and
Mathematics in school children. Rashtriya Avishkar Abhiyan is a concept developed by the Ministry of Human Resource
42 | P a g e
Development. RAA is an effort to take forward the Prime Minister Narednra Modis vision of Digital India, Make in India
and Teach in India.
28. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): It is a low premium insurance scheme which will link with the
Pradhan Mantri Jhan Dhan Yojna.
Key points of the scheme:
Eligibility: Minimum 18 years and maximum 50 years and have bank account are eligible for the scheme. If the account
is opened before attaining the age of 50 years, the life cover would remain intact up to the age of 55 years, if premium is
paid regularly.
Premium - Rs.330 per year i.e. less than Rs.1 per day.
Risk coverage - Rs.2 Lakh in case of death for any reason.
The premium paid will be tax-free under section 80C and also the proceeds amount will get tax-exemption u/s 10(10D).
29. Atal Pension Yojana (APY): It is a scheme mainly for workers in unorganised sector. The scheme will be administered by
the Pension Fund Regulatory and Development Authority (PFRDA) and replace the previous government's Swavalamban
Yojana NPS Lite.
Key points of the scheme:
The subscribers who will joined the scheme would receive the fixed pension of Rs. 1000 per month, Rs. 2000 per
month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their
contributions.
Age limit: minimum 18 years and maximum age is 40 years.
A subscriber can contribute for minimum period of 20 years or more and pension payment will start at the age of 60
years.
The government of India has decided to co-contribute 50% of the subscriber's contribution or Rs. 1000 per annum,
whichever is lower, to each eligible subscriber account, for a period of 5 years, i.e., from 2015-16 to 2019-20, who join
the NPS before 31st December, 2015 and who are not income tax payers.
30. Pradhan Mantri Suraksha Bima Yojana (PMSBY): It is an insurance scheme which covers death or disablement of the
policyholder caused due to accident or accidental injuries.
Key points of the scheme:
Age limit: Minimum 18 yrs and maximum 70 years.
The scheme will be a one year cover, renewable from year to year and would be administered through the Public
Sector General Insurance Companies in collaboration with Banks.
Risk coverage: Rs. 2 Lakh and for partial disability cover of Rs. 1 Lakh.
Premium: Rs.12 per annum. The premium will be directly auto-debited by the bank from the subscribers' account.
31. Kisan Vikas Patra Saving scheme relaunched by government of India.
Key points
(i) Money will be doubles in 8 years 4 months (100 months). Thus the applicable interest rate is 8.7%
(ii) KVP will be available in denominations of Rs.1,000, Rs. 5,000, Rs. 10,000, and Rs. 50,000.
(iii) There will be no upper ceiling on investment.
(iv) Minimum lock-in period is 2 years and 6 months.
(v) KVP can be encashed in eight equal monthly installments after the lock-in period.
(vi) No KYC norms would be applicable at the time of purchase of KVP, PAN details will not be required.
32. Public Provident Fund (PPF) Saving scheme.
Key points
(i) An individual can open account with Rs. 100/- but has to deposit minimum of Rs. 500/- in a financial year and
maximum Rs.1.5 lakh.
(ii) Maturity period is 15 years but the same can be extended within one year of maturity for further 5 years and so on.
(iii) Interest rates - 8.70% per annum (compounded yearly).
(iv) Account can be opened by cash/cheque and In case of cheque, the date of realization of cheque in Govt. account shall
be date of opening of account.
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Sports News
Cricket News
ICC World Cup Cricket Venues:
ODI
1. Australia & New Zealand 2015
2. England 2019
3. India 2023
Test
1. England - 2017
2. India 2021
T20
1. India -2016
2. Australia 2020
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15. Vivo assigned the Title Sponsorship of Indian
Premier League - Board for Cricket Control in India
(BCCI) assigned title sponsorship of Indian Premier
League (IPL) to Brazilian mobile company M/S Vivo.
Note: Vivo was assigned the sponsorship after PepsiCo
suddenly pulled out from a five-year deal that was
supposed to end in 2017.
16. Zaheer Khan, retired from all forms of international
and first-class Cricket.
17. Richie Richardson appointed to Elite Panel of ICC
Match Referees. He replaces Sri Lankas Roshan
Mahanama.
18. Australian all-rounder Shane Watson announced his
retirement from Test cricket.
19. Marvan Atapattu resigned as Head Coach of Sri Lanka
Cricket team.
20. Kolkata's Eden Gardens to host final of ICC World
Twenty20. The World Twenty20 will be hosted by
India from the 11 March to 3 April 2016.
21. Former Sri Lankan cricket captain and batsman
Kumar Sangakkara from International Cricket.
Football News
FIFA (Football)
Venue
World
Cup
FIFA U 17 World
Cup Venues
1. Russia 2018
1. Chile - 2015
2. Qatar - 2022
2. India 2017
Hockey News
Hockey World Cup venue
Venue
1. India (Mens)
2. England (Womens)
Year
2018
2018
45 | P a g e
1. Sultan of Johor Cup 2015 - Great Britain defeated Indian junior men's hockey team and captured Sultan of Johor Cup
(SOJC).
2. Punjab National Bank won Beighton Cup of Hockey, defeated Indian Oil Corporation in the final.
3. Senior India hockey player Gurbaj Singh suspended for 9 months for indulging in groupism and creating disharmony
within the team.
4. Hockey India appointed Roelant Oltmans as coach of Mens national team
Tennis News
1. Great Britain defeated Belgium to win 2015 Davis Cup tennis title
2. World number one Novak Djokovic won the season-ending ATP World Tour finals. In the title clash played in London,
Djokovic defeated third seed Roger Federer, in straight sets, 6-3, 6-4.
With this, he also became the first player to win ATP world tour finals for the fourth consecutive time.
3. Roger Federer won 2015 Swiss Indoors mens singles title by defeating Rafael Nadal
4. 2015 Shanghai Rolex Masters tennis title Novak Djokovic defated Jo-Wilfried Tsonga to clinch the trophy.
Tournament Won by Sania Mirza and Martina Hingis
Wuhan Tennis Open 2015 - Sania Mirza and Martina Hingis defeated Romanian team of Irina-Camelia Begu and
Monica Niculescu.
Ghangzhou Open Womens Doubles title - Sania Mirza and Martina Hingis defeated the Chinese pair of Xu Shilin and
You Xiaodi
5. Roger Federer won Cincinnati Masters Mens Singles tennis title for record seventh time by defeating Novak Djokovic of
Serbia.
6. Serena Williams won Cincinnati Masters Womens Singles title for second time by defeating the third seeded Simona Halep
of Romania.
Category
Mens single
Womens single
Women's double
Mixed doubles
Category
Mens single
Womens single
Women's double
Mens doubles
Category
Mens single
Womens single
Women's double
Mixed doubles
46 | P a g e
Note:
Serena Williams won the Sixth Wimbledon (women's singles) title and total 21 Grand Slam titles.
Sania Mirza won first-ever women's doubles Grand Slam title, although she has won three mixed doubles titles at the
majors. With this title, Sania also became the first Indian women to win a Wimbledon title.
Novak Djokovic won his third Wimbledon (men's singles) title and total 9th Grand Slam titles.
1. 2024 Summer Olympics - International Olympic Committee (IOC) announced name of five cities namely Los Angeles,
Hamburg, Paris, Rome and Budapest as candidates to host the 2024 Summer Olympics.
2. Beijing chosen to host 2022 Winter Olympics and Paralympics.
With this, Beijing became the first city to host both the Summer Olympics and Winter Olympics. It hosted Summer
Olympics in 2008.
Asian Games Venue
The 2018 Asian Games to be held in Jakarta, Indonesia
2022 Asian Games to be held in - Hangzhou City of China.
Note: Asian Games were held every 4 years. In 2014 Asain Games was held in Incheon, South Korea.
Badminton News
World Dubai Superseries
Highlights
Mens Single - Kento Momota (Japan) defeated
Denmarks Viktor Axelsen
Womens Single - Nozomi Okuhara (Japan)
defeated Chinas Wang Yihan
1. Badminton World Federation (BWF) Male Player of
the Year Awards - Chinas Chen Long
2. Badminton World Federation (BWF) Female Player
of the Year Awards - Carolina Marin
Formula 1 winner
1. Abu Dhabi Grand Prix 2015 - Nico Rosberg
(Mercedes driver)
2. Brazilian Grand Prix 2015 - Nico Rosberg (Mercedes
driver)
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5. Russian Grand Prix title 2015 - Lewis Hamilton
(Mercedes driver)
6. Japanese Grand Prix title 2015 - Lewis Hamilton
(Mercedes driver)
7. Singapore Grand Prix 2015 - Sebastian Vettel (Ferrari
driver)
8. Italian Grand Prix 2015 - Lewis Hamilton (Mercedes
driver)
9. Hungarain Formula One Grand Prix 2015 - Sebastian
Vettel (Ferrari driver)
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26. Indian cyclist Deborah Herold became first-ever
Indian to win five medals at Taiwan Cup.
Note: (i) She bagged one gold, three silver and one
bronze medal at the 2015 Taiwan Cup held at the Hsin
Chu Velodrome, Hsin-Chu city in Taiwan.
(ii) With this, she became the first ever Indian cyclist
to win in women's elite section.
(iii) 20-year-old Deborah is a tribal girl from Andaman
and Nicobar Islands.
27. Ranveer Singh Saini (14 years) become the first
Indian Golfer to win a Gold medal at the Special
Olympics World Games in Los Angeles.
28. 2015 FIBA Asian Basketball Championship China
won the title by defeating Philippines in the final.
29. Mariko Kipchumba of Kenya won 2015 Beijing
International Marathon.
30. India Cements won the Moin-ud Dowlah Gold Cup
Tournament 2015-16 by defeating Hyderabad XI.
This was the third title for the winning team.
31. American Boxer Floyd Mayweather Jr announced
retirement after defeating Andre Berto.
32. Pankaj Advani bags 13th World Snooker
Championship.
33. Maharashtras chess player Srishti Pandey clinched
the second Indiana All India FIDE Rating Chess
tournament.
34. India Juniors won 8th Men's Junior Asia hockey cup
by defeating Pakistan
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4. China launches Tianhui-1C mapping satellite of Tianhui-1 series
5. Kosmos 2510, the first satellite of EKS (Tundra) system, launched by Russia
6. Russia successfully launched the first satellite for its newest early warning system, named EKS or Integrated Space
System. The satellite was officially named Kosmos 2510 (Tundra 11L). This new-generation satellite is designed to
restore Moscow's capability to detect, track and identify worldwide missile launches from space.
7. Russia to launch manned moon missions by 2029 - The Russian Federal Space Agency, commonly called as Roscosmos,
announced that it plans to launch a manned flight to the moon and the lunar landing is planned for 2029.
8. India-Israel co-developed LRSAM missile successfully flight-tested - Long Range Surface-to-Air Missile (LRSAM)
successfully flight-tested for the first time from an Israeli Naval Platform. The missile is co-developed by India and Israel.
LRSAM is also called Barak 8 missile in Israel which in Hebrew language means Lightning.
9. Sameer Panda-led Indian team won NASA award for Burst Prevention & Puncture Curative technology
A team of Indian scientist led by Sameer Panda from Odisha on 6 November 2015 won the NASA award for an innovative
technology named Burst Prevention & Puncture Curative (BPPC) technology. Udit Bondia, KN Panda and Smitiparna
Satpathy are the other members of the team.
10. Japan successfully launches its first commercial satellite - TELSTAR 12V
11. Russias newest defence satellite EKS Kosmos-2510 successfully launche
12. Union Government gives in principle approval to Googles Loon project
Union Government has given in principle approval to work on Loon project of internet search engine giant Google for
providing Internet connectivity by using large balloons.
The announcement was made by Google CEO Sunder Pichai in New Delhi after meeting Union Communication and IT
Minister Ravi Shankar Prasad.
The project will be started on a pilot basis and state run Bharat Sanchar Nigam Limited (BSNL) will be partner with the
project in order to expand Internet connectivity in the country.
What is Googles Loon project?
It is Googles ambitious research and development project that aims at providing low-cost Internet access to rural and
remote areas. Under the project, high altitude floating telecom tower balloons are positioned at a height of 20 km, above
earths surface for transmission of internet services.
13. Indias 1st dedicated satellite for astronomy research ASTROSAT launched. The satellite was launched from the first
launch pad of Satish Dhawan Space Centre at Sriharikota, Andhra Pradesh by Polar Satellite Launch Vehicle (PSLV-C30).
PSLV-C30 is the tenth flight of PSLV in its 'XL' Configuration.
14. Indias first Harbour Defence System commissioned in Kochi, Kerala. Designed by Israel Aerospace Industries (IAI).
15. China has successfully launched a newly-developed smaller version of carrier rocket Long March-6 as part of the
countrys space program.
16. India has gifted its former Indian Coast Guard (ICG) Ship Varaha to Sri Lanka.
17. India launched Indonesias second multi-spectral remote sensing satellite LAPAN A2/Orari. The satellite launched
by Indian Space Research Organisation (ISRO) from the Satish Dhawan Space Center in Sriharikota, Andhra Pradesh.
18. 50th anniversary of 1965 India-Pakistan war was observed across the country on 28 August 2015.
19. The countrys prestigious DRDO Missile Complex in Hyderabad renamed as Dr APJ Abdul Kalam Missile.
20. DRDO inaugurated worlds highest Research Centre in Ladakh - The Defence Research and Development Organisation
(DRDO) inaugurated an Extreme Altitude Research Centre at Chang La, Ladakh in Jammu and Kashmir at 17600 feet above
mean sea level. It is the worlds highest terrestrial research and development centre.
21. 26th edition of the Coordinated Patrol (CORPAT) between India and Indonesia held in Andaman Sea.
22. Pakistan and Russia have signed a landmark defence deal including the sale of 4 advance Mi-35 Hind E combat
helicopters to Pakistan
23. INS Astradharani commissioned into Indian Navy at Visakhapatnam, Andhra Pradesh. It is Indian Navys first totally
indigenously-designed and built Torpedo launch and recovery vessel (TRV).
24. Indian Air Force (IAF) on 8 October 2015 celebrated its 83rd foundation day at the Hindon Air Force Station in
Ghaziabad, Uttar Pradesh.
25. INS Kochi, indigenously built largest warship, dedicated to the nation- It is the largest warship built so far in India
weighing over 7500 tonnes.
26. Indian Coast Guard (ICG) commissioned two indigenously built ships Apoorva and C-421 at the Naval Dock in Mumbai.
27. INS Vajrakosh commissioned by Defence Ministry at Karwar - Indian Naval Station (INS) Vajrakosh is the latest
establishment of the Indian Navy.
28. An indigenously developed second generation anti-tank guided missile, Amogha-I was successfully test fired.
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29. Reliance Defence has signed a strategic Memorandum of Understanding (MOU) with Emirates Defence Industries
Company (EDIC) in defence sector.
30. Russian astronaut record-breaker Gennady Padalka returns to Earth - Russian astronaut Gennady Padalka has
returned to Earth with the record for having spent the most time in space.
31. Indian Railways announced that it has developed a prototype of Hybrid Vacuum Toilet. It is hybrid because the
design is based on both vacuum toilets and biotoilets. It was installed in the Delhi-Dibrugarh Rajdhani train on trial
basis.
32. Defence Research and Development Organisation (DRDO) has developed a poly-herbal medicine by the trade name of
Lukoskin for the treatment of Leucoderma.
33. Apache attack helicopters & Chinook heavy-lift choppers deal approved - Cabinet Committee on Security (CCS)
approved the deal to buy 37 military helicopters from the United States (US). The deal is worth 3.1 billion US dollars.
Note: The deal of 37 helicopters comprises of 22 Apache attack helicopters and 15 Chinook heavy-lift choppers from US
defence contractor Boeing. These helicopters will replace the old Soviet-era aircraft.
34. Geosynchronous Satellite Launch Vehicle (GSLV)-D6 successfully launched from the Second Launch Pad at the Satish
Dhawan Space Centre SHAR (SDSC SHAR), Sriharikota in Andhra Pradesh.
GSLV-D6 inducted 2117 kg GSAT-6, an advanced communication satellite into a Geosynchronous Transfer Orbit (GTO).
The satellite is intended to provide S-band communication services in the country.
35. National Aeronautics and Space Administration (NASA) spacecraft LADEE (Lunar Atmosphere and Dust Environment
Explorer) confirmed the presence of Neon gas in Moons atmosphere.
36. Global satellite called GlobalSat for DRR was in news as it was proposed to be named after former Indian President Dr.
APJ Abdul Kalam who died on 27 July 2015.
Note: The satellite to be used for earth observation and disaster risk reduction will be renamed as UN Kalam GlobalSat.
37. The World's Largest Radio Telescope, Five-hundred-meter Aperture Spherical Telescope (FAST), is being constructed in
Guizhou province of south west China.
38. Earth-like exoplanet Kepler 452b was discovered by Kepler Mission by NASA.
39. Indian Space Research Organisation (ISRO) successfully launched five British satellites into space from the first launch
pad of the Satish Dhawan Space Centre, Sriharikotta.
Note: (I)These satellites are three identical DMC3 optical earth observation satellites and two auxiliary satellites,
viz., CBNT-1 and De-OrbitSail.
(ii) These all satellites, built by Surrey Satellite Technology Limited (SSTL) and weighing 1440-kg, were launched aboard
the 13th flight (PSLV-C28) of the Polar Satellite Launch Vehicle (PSLV).
40. An Earthquake Warning System (EWS) successfully installed in Uttarakhand, Dehradun. With this, Uttarakhand
became first Indian state to install a system that can detect earthquakes and disseminate warnings.
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