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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017

Contents of GA Power Capsule for RBI ASSISTANT MAINS & IBPS SO PRE 2017-18
The Most Important Current Affairs for RBI ASSISTANT & IBPS SO 2017 EXAMS .................................................................... 2
BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS .................................................................................................... 9
ECONOMY/FINANCIAL CURRENT AFFAIRS ............................................................................................................................. 13
Static Takeaways from Banking & Economy Current Affairs ........................................................................................................ 14
Static Take Aways December 2017 Current Affairs ......................................................................................................................... 16
Static Take Aways November 2017 Current Affairs ........................................................................................................................ 17
Static Take Aways from October 2017 Current Affairs ................................................................................................................... 21
BUSINESS NEWS (NATIONAL & INTERNATIONAL) ................................................................................................................. 23
AGREEMENTS/MOU SIGNED ......................................................................................................................................................... 25
Countries|Capital|Currency Part 1 ................................................................................................................................................... 27
NEW APPOINTMENTS: NATIONAL .............................................................................................................................................. 27
NEW APPOINTMENTS: INTERNATIONAL .................................................................................................................................. 29
Static Takeaways from New Appointments ..................................................................................................................................... 30
AWARDS ............................................................................................................................................................................................... 30
Static Takeaways from Awards & Recognition ................................................................................................................................ 33
CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL) .............................................................................. 34
COMMITTEES IN NEWS .................................................................................................................................................................... 36
NATIONAL CURRENT AFFAIRS ..................................................................................................................................................... 37
INTERNATIONAL CURRENT AFFAIRS ......................................................................................................................................... 39
Countries|Capital |Currency Part 2 .................................................................................................................................................. 41
CURRENT AFFAIRS RELATED TO STATES IN INDIA ................................................................................................................ 42
ALL ABOUT THE STATES IN INDIA CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS / POWER
PLANTS IN INDIA ............................................................................................................................................................................... 44
OBITUARIES (NATIONAL/INTERNATIONAL) ........................................................................................................................... 47
LIST/INDEXES ANNOUNCED RECENTLY ................................................................................................................................... 48
Static Takeaways: Index/Reports released by different Organisations ........................................................................................ 50
IMPORTANT DAYS OBSERVED RECENTLY ................................................................................................................................. 51
BOOKS & AUTHORS ........................................................................................................................................................................... 52
DEFENCE CURRENT AFFAIRS ......................................................................................................................................................... 53
SPORTS CURRENT AFFAIRS ............................................................................................................................................................ 55
INTERNATIONAL ORGANIZATION IN NEWS ........................................................................................................................... 60
SCIENCE & TECHNOLOGY (NASA, ISRO & OTHERS) ............................................................................................................... 60
POWER PLANTS ESTABLISHED ...................................................................................................................................................... 60
SCHEMES .............................................................................................................................................................................................. 60
MISCELLANEOUS TOPICS ................................................................................................................................................................ 62
Important MoU’s Approved by the Cabinet under PM Modi ........................................................................................................ 65
BANKING AWARENESS CAPSULE ................................................................................................................................................ 65
HANDY NOTES BANKING: PRIORITY SECTOR LENDING ...................................................................................................... 73
STATIC GK CAPSULE 2017 ................................................................................................................................................................ 86
IMPORTANT AIRPORTS IN INDIA ................................................................................................................................................. 89
BOUNDARY LINES ............................................................................................................................................................................. 90
IMPORTANT DAMS IN INDIA ......................................................................................................................................................... 90
CLASSICAL DANCES&FOLK DANCES IN INDIA ....................................................................................................................... 90
IMPORTANT DAYS ............................................................................................................................................................................. 91

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017
The Most Important Current Affairs for RBI ASSISTANT & IBPS SO 2017 EXAMS
All About the Star Screen Awards 2017 held in Mumbai Distinguished Service Cross (DSC) 6,000 (From 2800)
The annual film awards recognises the best of talent in Hindi Military Cross (MC) 6,000 (From 2800)
films. Vidya Balan bagged the award for Best Actress
Distinguished Flying Cross (DFC) for
(Critics) for Tumhari Sulu, Irrfan won the Best Actor Award 6,000 (From 2800)
Officers
for his performance in Hindi Medium. Rajkummar Rao won
the Best Actor Award (Critics) for Newton & Best Actor in a Distinguished Service Medal (DSM) 6,000 (From 2800)
Supporting Role Award for Bareilly Ki Barfi as well. The Military Medal (MM) 6,000 (From 2800)
complete list of winners are as follows: Distinguished Flying Medal (DFM)
6,000 (From 2800)
Best Film (Critics): Newton for Other Ranks
Best Director: Nitesh Tiwari (Dangal) Note: Chief of Army Staff- Bipin Rawat| Chief of Navy
Best Actress (Critics): Vidya Balan (Tumhari Sulu) Staff- Sunil Lanba. | Chief of Air Staff- Birender Singh
Best Actress: Konkona Sen Sharma (Lipstick Under My Dhanoa.
Burkha)
Best Actor (Critics): Rajkummar Rao (Newton) Women's Youth World Boxing Ch'ship held in Guwahati
Best Actor: Irrfan Khan (Hindi Medium) Women's Youth World Boxing Championship begins in
Best Supporting Actor: Rajkummar Rao (Bareilly Ki Guwahati, Assam. Assam CM Sarbanand Sonowal has
Barfi) inaugurated the event.
Best Supporting Actor (Female): Neha Dhupia Important Points
(Tumhari Sulu) 1. AIBA Youth Women's World Boxing Championship-
Best Dialogues: Nitesh Tiwari & Shreyas Jain (Bareilly Mascot- one-horned rhino 'Guppy'
Ki Barfi) Official Anthem- 'Make Some Noise'
Best Lyrics: Amitabh Bhattacharya (Dangal) 2. Boxing Federation of India (BFI) President- Ajay Singh.
Best Music Director: Pritam (Dangal) 3. AIBA- Amateur International Boxing Association.
Best Debut Director: Suresh Triveni (Tumhari Sulu) 4. AIBA President- Dr Ching-Kuo Wu, Headquarters-
Best Playback Singer: Arijit Singh Switzerland.
Best Playback Singer: Shashaa Tirupati 5. Ambassador for AIBA Youth Women’s World Boxing
Championship 2017- Mary Kom.
Center Enhances Monetary Allowances for Gallantry
Award Winners Important Features of the New House Building Advance
Govt. enhanced the monetary allowances for the Gallantry (HBA) rules:
Award winners. Incorporating the accepted recommendations of 7th Pay
Jangi Inam (a Pre-Independence Gallantry Award) Commission, the govt. has raised the maximum amount that
(100% Increase) a central govt. employee can borrow from the govt. to Rs 25
Jangi Inam 1000 lakh for new construction/purchase of new house/flat. The
Post-Independence Gallantry Awards (100% Increase) govt. also increased the amount that a central govt.
Param Vir Chakra (PVC) 20,000 employee can borrow for expansion of their homes to 34
Ashoka Chakra 12,000 months of basic pay to a maximum of Rs 10 lakh, from Rs
1.80 lakh earlier. Also, the cost ceiling limit of the house
Maha Vir Chakra (MVC) 10,000
which an employee can construct/ purchase has been
Kirti Chakra (KC),000 9,000 revised to Rs 1.00 crore with a proviso of upward revision
Vir Chakra (VrC) 7,000 of 25% in deserving cases.
Shaurya Chakra (SC) 6,000
Sena/Nao Sena/Vayu 31st ASEAN Summit 2017 Highlights
2,000 31st ASEAN (Association of Southeast Asian Nations)
Sena Medal
Pre-Independence Gallantry Awards Summit was held in Manila, Philippines. Philippine
President Rodrigo Duterte chaired the summit. The
Revised rate of Monetary
Gallantry Award Summit, with the theme "Partnering for Change, Engaging
Allowance
the World".
Distinguished Service Order (DSO) 8,000 (From 4000)
Indian Order of Merit (10M) 8,000 (From 4000)
Indian Distinguished Service
8,000 (From 4000)
Medal(IOSM)

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Important wins from India side are as follows-
1. India won through Jitu Rai/Heena Sidhu (gold in mixed
team 10m air pistol),
2. Sangram Dahiya (silver in men's double trap), and
3. Amanpreet Singh (bronze in men's 50m pistol).
This was India's best ever result in the annual ISSF
shooting centerpiece. China's Rio 2016 10m air pistol
women's champion, Mengxue Zhang & Gengcheng
Sui, were crowned Champion of Champions in pistol &
rifle respectively.

Yonex French Open Badminton 2017: Complete List of


Winners
Meetings Held/Agreements Signed-
Yonex French Open 2017 Badminton tournament was held
1. ASEAN Economic Community (AEC) Council Meeting
in Paris. French Open Badminton Tournament is held
held,
annually since 1909 in France.
2. 16th ASEAN Political-Security Community
(APSC) Council Meeting held,
Category Winner Runner-up
3. 20th ASEAN Coordinating Council (ACC) Meeting held,
4. The Master Plan on ASEAN Connectivity (MPAC) 2025 Men’s Singles Kidambi Srikanth Kenta Nishimoto
Videos were launched, (India) (Japan)
5. Regional Comprehensive Economic Partnership Ministerial Women’s Tai Tzu Ying Akane Yamaguchi
Meeting (RCEP MM), Singles (Chinese Taipei) (Japan)
6. Signing of the Side Agreements of the ASEAN-Hong Kong Men’s Doubles Lee Jhe-Huei & Mathias Boe &
Investment Agreement (AHKIA), Lee Yang Carsten Mogensen
7. Signing of the ASEAN-Hong Kong, China (AHKFTA) Free (Chinese Taipei) (Denmark)
Trade Agreement (FTA). Women’s Apriyani Rahayu Lee So Hee & Shin
India's Meetings/Bilateral Talks- Doubles & Greysia Polii Seung Chan
1. PM Modi visited the International Rice Research Institute (Indonesia) (South Korea)
(IRRI), in Philippines. The institute is working towards Mixed Doubles Tontowi Ahmad Zheng Siwei &
developing better quality of rice seed & addressing food & Liliyana Natsir Chen Quingchen
scarcity issues. (Indonesia) (China)
2. Indo-US Bilateral Talks- PM Modi & US President Trump
held bilateral talks on sidelines of the ASEAN Summit in All You Need to Know About Paradise Papers
Manila. Both leaders discussed a range of key issues Secret financial data leaked by the International
including defence & security. They have resolved that "two Consortium of Investigative Journalists (ICIJ) named
of the world’s great democracies should also have the 'Paradise Papers'. In the new set of records obtained
world’s greatest militaries". primarily from Bermuda-based firm Appleby &
3. Four agreements were signed by India & Philippines- in Singapore-based Asiaciti Trust, a trove of 13.4 million
areas including Defence Cooperation & Logistics, documents, named ‘Paradise Papers’.
agriculture, MSME & forging closer relations between the It was obtained by German newspaper Suddeutsche
Indian Council of World Affairs & the Philippines Foreign Zeitung & were investigated by the International
Service Institute. Consortium of Investigative Journalists (ICIJ) working
4. PM Modi held bilateral talks with his Australian PM in partnership with 96 news organisations. The Paradise
Malcolm Turnbul. In their brief meeting, both sides Papers also take into account corporate registries
exchanged views on issues of mutual interest, including maintained by govt.s in 19 secret jurisdictions, which
bilateral, regional & international issues. are often referred to as ‘tax havens’.
Note: Philippines Capital- Manila, Currency- Philippine The Indian Express, part of the International
peso. President- Rodrigo Duterte. Consortium of Investigative Journalists (ICIJ), reported
that among the 180 countries represented in the data,
ISSF World Cup 2017- Highlights India ranked 19th in terms of the number of names
Hosts India finished seventh overall with one gold, one featured. The Paradise Papers aims to expose trails of
silver, & a bronze, while Italy pipped China in the medals veiled offshore financial activities.
tally, as the ISSF World Cup Final, in New Delhi. The list has about 714 Indians. The leak has revealed
names of famous personalities like Queen Elizabeth II,

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lead vocalist of U2 band Bono & American singer 5. MoU between the Training Unit of the Ministry of
Madonna. Few Important names from Indian side are Foreign Affairs & International Cooperation.
Member of Parliament Ravindra Kishore Sinha, Former 6. MoU for promoting mutual investments between Italian
corporate lobbyist Niira Radia, Business tycoon Vijay Trade Agency & Invest India
Mallya & Minister of State for Civil Aviation Jayant Note: Rome is the capital of Italy. Euro is the currency of
Sinha. Italy.
About International Consortium of Investigative
Journalists (ICIJ)- All About FIFA U-17 World Cup 2017
ICIJ is a global network of more than 200 investigative i. The 17th edition of FIFA U-17 World Cup took place for
journalists in 70 countries who collaborate on in-depth the first time in India.
investigative stories. ii. ii. It is a biennial international football tournament of
Founded in 1997 by American journalist Chuck Lewis. men’s under-17 national teams organized by Federation
It is Headquartered in Washington, DC, USA. Internationale de Football Association (FIFA).
Quick Facts-
7 Companies Given LoI for 14 monuments Under ‘Adopt The official Mascot for the FIFA U-17 World Cup 2017
a Heritage Scheme’ was clouded leopard named ‘Kheleo’.
Seven shortlisted companies were given ‘Letters of The official ball for Under-17 football World Cup is
Intent’ for fourteen monuments under ‘Adopt a Heritage called ‘Krasava’.
Scheme’ of Ministry of Tourism at the closing ceremony The final match of the event was held in Salt Lake
of ‘Paryatan Parv’ at Rajpath Lawns, New Delhi. These Stadium, Kolkata.
companies will be the future ‘Monument Mitras’ who First in U-17 World Cup 2017-
would associate pride with their CSR activities. This was the first time India hosted U-17 FIFA World
1. SBI Foundation shortlisted for the adoption of - Jantar Cup.
Mantar, Delhi. Switzerland’s Esther Staubli became the first female
2. TK International Limited shortlisted for the adoption of- football referee to officiate a match.
Sun Temple, Konark|Raja Rani Temple, Bhubaneshwar| Jeakson Singh creates history by scoring India’s first
Ratnagiri Monuments, Jajpur, Odisha ever goal in FIFA World Cup.
3. Yatra Online Pvt. Limited shortlisted for the adoption of: FIFA U-17 WC in India becomes most attended in
Hampi, Karnataka| Leh Palace, Jammu & Kashmir event’s history for the first time.
Qutub Minar, Delhi| Ajanta Caves, Maharashtra USA-Based Namit Deshpande becomes the First NRI to
4. Travel Corporation of India Ltd. shortlisted for the Play for India’s U17 World Cup Team.
adoption of: Mattancherry Palace Museum, Kochi|
Safdarjung Tomb, Delhi Winners & Awards-
5. Adventure Tour Operator Association of India shortlisted England has won the FIFA U-17 World Cup by
for the adoption of : defeating Spain by 5-2.
Gangotri Temple Area & Trail to Gaumukh Phil Foden of England has been adjudged tournament’s
Mt. StokKangri, Laddakh, Jammu & Kashmir best player & has been awarded ‘Golden Ball’.
6. Special Holidays Travel Pvt. Ltd. (With) Rotary Club of Rhian Brewster from England has scored the most goals
Delhi shortlisted for: Agrasen ki Baoli, Delhi in the tournament (8 goals) & has been awarded,
7. NBCC shortlisted for the adoption of: Purana Quila, Delhi. 'Golden Boot'.
Gabriel Brazao the goalkeeper of Brazil’s national
PM of Italy Visited India football team has won the ‘Golden Glove’.
Italian PM Paolo Gentiloni visited India. This is the first visit Brazil has won the Fair Play Award.
by an Italian premier in 10 years. List of MoUs/Agreements
signed between India & Italy were: All About ISSF, New Delhi 2017
1. Joint Declaration of Intent of Cooperation for Safety in Hosts India finished seventh overall with one gold, one
the Railway sector silver, & a bronze, while Italy pipped China in the medals
2. MoU on 70 years of diplomatic relations between Indian tally, as the ISSF World Cup Final, in New Delhi. Important
Council of Cultural Relations & Ministry of Foreign wins from India side are as follows-
Affairs & International Cooperation, Govt. of the 1. India won through Jitu Rai/Heena Sidhu (gold in mixed
Republic of Italy team 10m air pistol),
3. MoU on cooperation In the field of Energy 2. Sangram Dahiya (silver in men's double trap), and
4. Executive Protocol on Cultural Cooperation 3. Amanpreet Singh (bronze in men's 50m pistol).

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Complete list of Nobel Prize Winners 2017 It aims to provide access to electricity to all families in
The 2017 Nobel Prize were announced recently in 6 different India
fields viz. Physiology or Medicine, Physics, Chemistry, The scheme will provide free electricity connection to
Literature, Peace, & Economic Sciences. poor families of India,
Field Description Winner The total outlay for Sahaj Bijli Har Ghar Yojana is
Physiology for the discoveries of Jeffrey C. Hall pegged at Rs 16,320 crore,
or Medicine molecular (USA), Michael The Centre will provide largely funds for the scheme
mechanisms Rosbash (USA) & to all States/UTs,
controlling the Michael W. Saubhagya Yojana will give access to electricity to all
circadian rhythm Young (USA) ‘willing’ households in India.
Physics for decisive Rainer Weiss
contributions to the (Germany), Barry Pradhan Mantri LPG Panchayat in Gujarat launched
LIGO detector & the C. Barish (USA) Union Minister for Petroleum & Natural Gas
observation of & Kip S. Thorne Pradhan launched Pradhan Mantri LPG Panchayat
gravitational waves (USA) at Mota Ishanpur village in Gandhinagar district of
Chemistry for developing cryo- Jacques Dubochet Gujarat.
electron microscopy (Swizerland), A total one lakh, Pradhan Mantri LPG Panchayats
for the high- Joachim Frank would be organized across the country in next one &
resolution structure (Germany) & half year to provide an interactive platform to the rural
determination of Richard LPG users.
biomolecules in Henderson He also inaugurated the Skill Development
solution (Scotland) Institute at Adalaj near Ahmedabad as part of National
in novels of great Kazuo Ishiguro Skill Development Mission.
Literature emotional force, has (Japan)
Shanghai Cooperation Organisation 2017 meeting held
uncovered the abyss
1. The meeting of the Heads of State Council of the
beneath our illusory
Shanghai Cooperation Organisation was held in Astana.
sense of connection
2. President of the Republic of Kazakhstan (Chaired)
with the world
Nursultan Nazarbayev chaired the Meeting.
Peace for its work to draw International
3. During the meet, India & Pakistan became full members
attention to the Campaign to
of SCO. Beijing, China is the HQ of SCO.
catastrophic Abolish Nuclear
4. It was founded in Shanghai in 2001.
humanitarian Weapons (ICAN)
5. The next meeting will be held in 2018 in China.
consequences of any (founded in
use of nuclear Australia)
12th G-20 Summit held in Germany
weapons & for its
1. 12th G20 Summit 2017 held in Hamburg, Germany.
ground-breaking
2. Theme of summit was 'shaping an interconnected
efforts to achieve a
world'.
treaty-based
3. The leaders adopted a declaration focusing on:
prohibition of such
a) sharing the benefits of globalization
weapons
b) building resilience c) improving sustainable livelihood d)
Economic for contributions to Richard H.
assuming responsibility
Sciences behavioural Thaler (USA)
4. French President Macron announced that France will host
economics
another conference on climate change on 12 Dec 2017.
5. 13th G20 summit will be hosted by Argentina in 2018.
All About the "Power for All - Saubhagya Scheme"
PM Modi launched - Pradhan Mantri Sahaj Bijli Har
Ghar Yojana ‘Saubhagya’ to provide electricity
connections to over 4 crore families in rural & urban areas
by December 2018. India will achieve the target of power
for all by December 2018, while all villages will be
electrified by the end of 2017.
What is Saubhagya Scheme?
The scheme means Sahaj Bijli Har Ghar Yojana,

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All about the 9th BRICS Summit 2017 Shaurya Chakra
9th BRICS Summit was held in Xiamen, China. Maj Satish Dahiya(Posthumous) Army
The Summit had five participating countries namely Maj Gosavi Kunal Munnagir Army
Brazil, Russia, India, China & South Africa. Nao Sena Medal(Gallantry)
The theme was “BRICS: Stronger Partnership for a Lt Pushpinder Tyagi Navy
Brighter Future”. Jaskaran Singh, Ch Mech Navy
Pak-based terror groups named for 1st time: Terror Azhar Azharuddin Navy
groups such as LeT & the JeM were named for causing Vayu Sena Medal(Gallantry)
violence in the region, a first by the forum. Wing Commander Subhash Singh Rao Air Force
China Announced $80 Million (apprx.) Funding Plan Wing Commander Ravinder Ahlawat Air Force
for BRICS: China will give 500 million yuan ($76.4
million) for a BRICS economic & technology The 2017 National Sports Awards Announced
cooperation plan, & another $4 million for projects at the Rajiv Gandhi Khel Ratna Award is given for
BRICS countries' NDB stated Chinese President Xi spectacular & most outstanding performance in the field
Jinping. of sports by a sportsperson over a period of four year,
BRIC was established in 2006. Arjuna Award is given for consistency outstanding
performance for four years, Dronacharya Award for
WIMBELDON 2017 coaches for producing medal winners at prestigious
1. 131st Wimbeldon edition held in London, UK. International sports events, Dhyan Chand Award for
2. Roger Federer became the first man to win Wimbledon life time contribution to sports development.
eight times. Para athlete Devendra & hockey player Sardar Singh
3. Spain's Garbine Muguruza won her first Wimbledon will be honoured with the Rajiv Gandhi Khel Ratna
title by defeating Venus Williams. Award.
4. Poland's Lukasz Kubot & Brazil's Marcelo Melo won the Arjuna Awards 2017
Wimbledon men's doubles. S. No. Name of the Awardees Discipline
5. Martina Hingis clinched her 23rd Grand Slam title as the 1. Ms. V.J. Surekha Archery
Swiss star & Scottish partner Jamie Murray won the 2. Ms. Khushbir Kaur Athletics
Wimbledon mixed doubles.
3. Mr. Arokia Rajiv Athletics
4. Ms. Prasanthi Singh Basketball
The Complete List of the Winners of 2017 US OPEN
5. LaishramDebendro Singh Boxing
Event Winner Runner-Up
6. Mr. CheteshwarPujara Cricket
Men's Doubles Jean-Julien Feliciano Lopez /
7. Ms. Harmanpreet Kaur Cricket
Rojer / Horia Marc Lopez
8. Ms. OinamBembem Devi Football
Tecau
Women's Chan Yung-jan Lucie Hradecka / 9. Mr. S.S.P. Chawrasia Golf
Doubles / Martina Katerina 10. Mr. S.V. Sunil Hockey
Hingis Siniakova 11. Mr. Jasvir Singh Kabaddi
Mixed Doubles Martina Hingis Chan Hao-ching 12. Mr. P. N. Prakash Shooting
/ Jamie Murray / Michael Venus 13. Mr. A. Amalraj Table Tennis
14. Mr. SakethMyneni Tennis
112 Gallantry Awards was given on 71st Independence 15. Mr. SatyawartKadian Wrestling
Day 16. Mr. Mariyappan Para-Athlete
President Kovind approved 112 Gallantry Awards to 17. Mr. Varun Singh Bhati Para-Athlete
armed forces & paramilitary personnel.
The Awards includes five Kirti Chakras, 17 Shaurya Dhyan Chand Award
Chakras, 85 Sena Medals (Gallantry), three Nao Sena S. No. Name (S/Shri) Discipline
Medals (Gallantry) & two Vayu Sena Medals 1. Mr. Bhupender Singh Athletics
(Gallantry). Of all 112 awards, 19 are posthumous. 2. Mr. Syed Shahid Hakim Football
3. Ms. Sumarai Tete Hockey
Kirti Chakra
Major Preetam Singh Kunwar Army Union Govt. launched e-RaKAM Portal
Havildar Giris Gurung (Posthumous) Army Govt. launched a portal, to provide a platform to sell
Major David Manlun (Posthumous) Army agricultural produce called e-RaKAM.
Shri Pramod Kumar (Posthumous) Mha It is a joint initiative by state-run-auctioneer MSTC &
Chetan Kumar Cheeta, Commandant, Crpf Mha Central Warehousing Corporation arm CRWC.

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e-Rashtriya Kisan Agri Mandi (e-RaKAM) portal is 1. Both Nations sign 15 pacts & with this India Japan Act
launched to provide a platform for farmers to sell East Forum constituted to enhance connectivity &
agricultural produce. promote developmental projects in the North East &
E-RaKAM is a digital initiative aims to bring together countries adjoining the region.
the farmers, PSUs, civil supplies & buyers on single 2. In the joint statement, both nations have expressed a
platform to ease selling & buying process of agricultural 'zero tolerance' resolve against terrorism.
products. 3. Both countries agreed on an India-Japan Roadmap for
Investment Promotion.
Govt. of India will launch new sub-scheme named 15 pacts were signed between the two sides. These
“Aajeevika Grameen Express Yojana (AGEY)” included:
GOI decided to launch a new sub-scheme named Setting up India Japan Act East Forum to enhance
“Aajeevika Grameen Express Yojana (AGEY)” as part connectivity & promote developmental projects in
of the Deendayal Antyodaya Yojana – National Rural NEast.
Livelihoods Mission (DAY-NRLM). India-Japan Investment Promotion Road map to
Self-Help Groups under DAY-NRLM will operate facilitate & accelerate Japanese investments in India
road transport service in backward areas. This will help 'Japan-India special programme for Make In India' to
to provide safe, affordable & community monitored cooperate in infrastructure development programmes
rural transport services to connect remote villages with in the Mandal Bechraj-Khoraj region of Gujarat.
key services & amenities. Exchange of RoD on open skies in civil aviation sector.
This will also provide an additional avenue of 3 agreements for promoting cooperation in science &
livelihood for SHGs. technology fields.
Community Investment Fund (CIF) provided to 4 pacts to boost education, research & strategic
Community Based Organization (CBOs) under DAY- collaboration in the field of sports.
NRLM will be utilized to support the SHG members Pact to enhance collaboration in disaster risk reduction
in this new livelihood initiative. The beneficiary SHG & prevention.
member will be provided an interest free loan by the 2 Agreements in research cooperation & Japanese
CBO from its Community Investment Fund upto Rs.6.50 language education.
lakh for purchase of the vehicle. Alternative, CBO will During the Visit, & Japanese PM Abe & PM Modi launch
own the vehicle & lease it to an SHG member to operate bullet train project
the vehicle & pay lease rental to the CBO The high-speed bullet train project in Ahmedabad,
Gujarat was launched by Modi & Abe. Railway Minister
PM historic visit to Israel Piyush Goyal, Gujarat CM Rupani, & Maharashtra CM
Narendra Modi became the first PM from India to visit Israel Devendra Fadnavis were also present.
in the last 70 years. 7 agreements signed between the two The bullet train is targeted to run between Mumbai &
countries. Ahmedabad on a dedicated track by 2023.
List of MoUs/Agreements signed during the visit The construction of the high-speed train corridor will
1. MoU for setting up of India-Israel Industrial R&D & create 4,000 direct jobs & at least 20,000 indirect jobs.
Technological Innovation Fund (I4F).
2. MoU for Water Conservation in India PM Historic Visit to Myanmar in 2017
3. MoU on State Water Utility Reform in India PM Modi concludes his first bilateral visit to Myanmar.
4. India-Israel Development Cooperation – Three Year He was received by the Myanmar President Htin Kyaw.
Work Program in Agriculture 2018-2020 PM visited 2,500-years-old Shwedagon pagoda,
5. Plan of Cooperation Between the Indian Space Research considered to be the pinnacle of Myanmar's cultural
Organisation (ISRO) & the Israel Space Agency (ISA) heritage. He also performed 'puja' at Kalibari Temple.
regarding cooperation in Atomic Clocks India & Myanmar signed 11 agreements. It includes
6. MoU between ISRO & ISA regarding cooperation in maritime security cooperation, to further strengthen
GEO-LEO Optical Link their multifaceted partnership.
7. MoU between ISRO & ISA regarding cooperation in List of MoUs Signed During Visit of PM Modi to
Electric Propulsion for Small Satellites Myanmar
Important Takeaways MoU on Maritime Security Cooperation
Benjamin Netanyahu is the PM of Israel. Cultural Exchange Programme for the year 2017-2020.
Capital is Jerusalem. Israeli new shekel is Currency. MoU on Enhancing the Cooperation of Upgradation of
Women's Police Training Centre at Yamethin,
PM of Japan Shinzo Abe visited India for 12th India- Myanmar.
Japan Annual Summit 2017: 15 Pacts signed

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MoU for Sharing White Shipping Information between The new denomination has a motif of Hampi with
the Indian Navy & Myanmar Navy Chariot on the reverse, depicting the country’s cultural
Technical Agreement for providing Coastal heritage.
Surveillance System The base colour of the note is Fluorescent Blue.
MoU signed for Cooperation in Medical Products The dimension of the banknote will be 66 mm x 135 mm.
Regulation. Ashoka Pillar emblem on the right,
Exchange of Letter for Extension of MoU on the Swachh Bharat logo with slogan,
establishment of MIIT The Panel of 15 Languages.
Exchange of Letter for Extension of MoU on What are the features of Rs.200 Note
establishment of India-Myanmar Center for The new denomination has Motif of Sanchi Stupa on the
Enhancement of IT-Skill. reverse, depicting the country’s cultural heritage.
MoU in field of elections between the Election The base colour of the note is Bright Yellow.
Commission, India & Election Commission of The dimension of the banknote will be 66 mm × 146 mm.
Myanmar. Ashoka Pillar emblem on the right.
MoU on Cooperation between Myanmar Press Council Raised Identification mark H with micro-text Rs 200
& the Press Council of India. Swachh Bharat logo with slogan,
Panel of 15 Languages
Cabinet approves revision of guidelines of Sovereign
Gold Bonds Scheme Narendra Modi Cabinet reshuffled- 9 New Faces as
The investment limit per fiscal year increased to 4 kg for Ministers
individuals, 4 Kg for Hindu Undivided Family (HUF) & Nine new ministers were into the council of ministers & four
20 Kg for Trusts & similar entities. have been promoted to the Union Cabinet.
The ceiling will be counted on Financial year basis & Piyush Goyal appointed as the Union Railway Minister. He
will include the SGBs purchased during the trading in replaced former Railway Minister Suresh Prabhu.
the secondary market. Nirmala Sitharaman given the Defence Ministry, becoming
The ceiling on investment will not include the holdings only the second woman to hold the post after Indira Gandhi.
as collateral by Banks & Financial institutions. List of the Cabinet Ministers
SGBs will be available 'on tap’. Based on the Minister Ministry
consultation with NSE, BSE, Banks & Department of Nitin Jairam Minister of Road Transport &
Post, features of product to emulate 'On Tap' sale. Gadkari Highways, Shipping, Water
Resources, River Development &
Bill Passed by Lok Sabha to raise NABARD’s Capital to
Ganga Rejuvenation.
Rs. 30,000 crores
Shri Suresh Minister of Commerce & Industry.
Nabard established in 1982 & provides loans for
Prabhu
agriculture, small scale industries among others.
D.V. Sadananda Minister of Statistics & Programme
The bill will enable the exit of RBI from Nabard &
Gowda Implementation.
increased the authorised capital of the development
Sushri Uma Minister of Drinking Water &
institution to Rs. 30,000 crores.
Bharati Sanitation.
The Bill provides that the central govt. alone must hold
Ramvilas Paswan Minister of Consumer Affairs, Food
at least 51% of the share capital of NABARD. The Bill
& Public Distribution.
transfers the share capital held by the RBI & valued at
Shri Minister of Chemicals & Fertilizers,
Rs. 20 crore to the central govt..
Ananthkumar Minister of Parliamentary Affairs.
The Bill replaces the terms ‘small-scale industry’ &
‘industry in the tiny & decentralised sector’ with the Ravi Shankar Minister of Law & Justice,
Prasad Electronics & IT.
terms ‘micro enterprise’, ‘small enterprise’ & ‘medium
enterprise’ as defined in MSME Development Act, 2006. Jagat Prakash Minister of Health & Family
The Bill extends the credit & other facilities for Nadda Welfare.
enterprises with investment upto Rs. 10 crore in the Ashok Gajapathi Raju Minister of Civil Aviation.
manufacturing sector & Rs 5 crore in the services sector. Shri Anant Geete Minister of Heavy Industries &
Public Enterprises.
RBI introduced the new Currency Notes of Rs.50 & Harsimrat Kaur Minister of Food Processing
Rs.200 Badal Industries.
What the features of Rs.50 Note? Narendra Singh Minister of Rural Development,
Tomar Panchayati Raj, Mines
Chaudhary Birender Singh Minister of Steel.

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Smriti Zubin Minister of Textiles, Minister of Important Ministers of State (Independent Charge)
Irani Information & Broadcasting. Minister Ministry
Dr. Harsh Minister of Science & Technology, Shri Manoj Minister of State (I/C) of Ministry of
Vardhan Earth Sciences, Environment, Forest Sinha Communications & Railways
& Climate Change. Col. Minister of State (I/C) of the
Shri Prakash Minister of Human Resource Rajyavardhan Ministry of Youth Affairs & Sports&
Javadekar Development. Singh Rathore IB
Dharmendra Minister of Petroleum & Natural Shri Raj Kumar Minister of State (I/C) of the
Pradhan* Gas, Skill Development & Singh* Ministry of Power & Ministry of
Entrepreneurship. New & Renewable Energy.
Piyush Goyal* Minister of Railways, Minister of Shri Hardeep Minister of State (I/C) of Ministry
Coal. Singh Puri* of Housing & Urban Affairs.
Nirmala Sitharaman* Minister of Defence. Shri Alphons Minister of State (I/C) of the
Mukhtar Abbas Naqvi* Minister of Minority Affairs. Kannanthanam* Ministry of Tourism, Electronics &
* Ministers who have been promoted from MoS to Information Technology
Cabinet Ministers * Ministers who are newly inducted in Portfolios

BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS


RBI IN NEWS organization owned by major central banks from across
Monetary Policy Committee (MPC) decided to keep the world.
policy repo rate under the liquidity adjustment As per RBI, all the corporate borrowers having
facility (LAF) unchanged at 6%. RRR under the LAF exposure of Rs. 5 crores & above mandatorily to obtain
remains at 5.75%, & MSF rate & Bank Rate at 6.25%. The 20-digit Legal Entity Identifier (LEI). Banks also
projection of real GVA growth for 2017-18 of 6.7% has required to acquire LEI number from borrowers &
been retained. submit it to Central Repository of Information on Large
Govt. has fixed 2,952 rupees per gram as price of new Credits (CRILC).
series of sovereign gold bonds (SGBs). Govt., in RBI constituted a 10-member ‘High Level Task Force on
consultation with RBI decided to offer a discount of Rs Public Credit Registry (PCR) for India’, which will
50 per gram to investors applying online & making suggest a roadmap for developing a transparent,
payments digitally. comprehensive & near-real-time PCR for India. The
RBI allowed Asset Reconstruction Companies (ARCs) committee will be Headed by YM Deosthalee, ex-CMD,
to hold more than 26% post conversion of debt into L&T Finance Holdings.
equity in companies undergoing restructuring. Indian govt. announced an allocation of Rs 2.11 lakh
One rupee note turns 100 on 30th November 2017. The crore over 2 years for the recapitalization of public
first one-rupee note was printed in India with the photo sector banks. As part of the plan, the govt. will
of King George V. essentially issue bonds to banks worth Rs 1.35 lakh crore
Non-banking financial companies (NBFCs) cannot while Rs 76,000 crore will come through budgetary
outsource core management functions like internal support.
audit, strategic & compliance functions for KYC norms, After making Legal Entity Identifier (LEI) mandatory
sanction of loans & management of investment for transactions in interest rate, forex & credit derivative
portfolio. As per the notification, access to customer market, RBI is set to make LEI compulsory for
information by staff of the service provider shall be on companies having aggregate fund-based & non-fund
'need to know' basis i.e., limited to those areas where the based exposure over Rs 5 crore. Banks will be required
information is required in order to perform the to capture this number in the Central Repository of
outsourced function. Information on Large Credits (CRILC) database that
RBI reportedly rejected HDFC Bank's plea to captures details of loan above Rs 5 crore. The LEI
declassify its parent Housing Development Finance number will help banks in monitoring the aggregate
Corporation Limited (HDFC) as a foreign institutional exposure of corporate borrowers. Firms can obtain their
investor (FII). LEI code from Legal Entity Identifier India Ltd. (LEIL).
RBI Governor Urjit Patel appointed to the Financial RBI imposed a monetary penalty of Rs 2 crore on IDFC
Stability Institute Advisory Board of Bank of Bank for contravention of regulatory restrictions
International Settlement (BIS). BIS is a global financial pertaining to loans & advances.

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RBI issued guidelines to banks to provide funds to Mumbai, will be the largest innovation center by any
women self help groups, SHGs, in rural areas at 7% financial services company.
under the Deendayal Antyodaya Yojana - National SBI launched a new product to provide a short-term
Rural Livelihoods Mission (DAY-NRLM) in the current working capital demand loan to its MSME clients. The
fiscal (2017-18). new initiative, called SME Assist, would offer loans to
RBI clarified that linking of Aadhaar to the bank MSME customers on the basis of their input credit
account is mandatory under the Prevention of Money- claims under Goods & Services Tax (GST). The loan
Laundering (Maintenance of Records) Second processing fee under the scheme is Rs 2,000.
Amendment Rules, 2017 published in the Official Moody’s Investors Service affirmed ratings on
Gazette on 01st June 2017. domestic as well as foreign currency bond programs of
Govt. made it mandatory for banks & financial the country’s largest lender SBI. Moody’s affirmed the
institutions to check the original identification Baa3 rating on the bank’s senior unsecured debt (issued
documents of individuals dealing in cash above Rs. via its London branch) & (P)Baa3 rating on its senior
50,000, to weed out the use of forged or fake copies. unsecured medium-term note (MTN) program.
RBI is going to launch a financial literacy drive in 80 Govt. named Rajnish Kumar as the new chairman of
blocks in nine states on pilot basis to educate people on SBI, for 3-year term. Kumar will succeed Bhattacharya.
e-transactions, formal sector borrowings & insurance SBI launched FTSE SBI Bond Index series in
purchases. As per RBI, the pilot project will be partnership with global index provider FTSE 100,
commissioned in the 9 states of Maharashtra, which will give tools to investors from India, the UK &
Chhattisgarh, Bihar, Odisha, Karnataka, Telangana, globally to analyse India’s govt. bond market, & drive
Andhra Pradesh, Haryana & UP. growth in this market.
RBI opened a branch in the Dehradun city to make SBI is India’s most trusted & most popular bank as per
transactions of the Uttarakhand State govt. more by Brand Finance, a business valuation & strategic
convenient. consultancy headquartered in London.
As per the direction by RBI, banks need to provide Artificial intelligence banking platform Payjo
banking services to senior citizens of more than 70 launched an AI-powered chat assistant for SBI to
years of age & differently-abled persons at doorstep. addresses customer enquiries. The chat assistant,
RBI notified that peer-to-peer (P2P) lending platforms known as SBI Intelligent Assistant, or SIA, will help
need to be regulated & treated on par with non-banking customers with everyday banking tasks.
financial companies (NBFCs). Few important P2P SBI lowered Minimum Average Monthly Balance
lending platforms in India are LenDen Club, Faircent, (MAB) requirement in a savings a/C to Rs 3,000.
Qbera, Lendbox, Rupaiya Exchange & Monexo.
RBI announced that Masala bonds will be treated as ALL OTHER PUBLIC-SECTOR BANKS
External Commercial Borrowings (ECB) from 3rd Andhra Bank launched a new scheme for self-help
October 2017. Masala bonds are rupee-denominated groups (SHGs) to encourage entrepreneurship. The
overseas bonds. scheme, Pattabhi Sitaramayya — Self Business Group
(PS-SBG), introduced to commemorate the 138th birth
SBI IN NEWS anniversary of its founder Bhogaraju Pattabhi
SBI launched a unified integrated app called YONO Sitaramayya, & the Silver Jubilee of the SHG-Bank
(You Need Only One) that would offer all kinds of linkage programme in the country. Under this, SHGs
financial & lifestyle products. having five years of association with Andhra Bank &
SBI announced sanction of credit facilities amounting having successfully completed three credit rotations
to Rs. 2,317 crores to corporates for financing Grid with good repayment record & an aptitude for
Connected Rooftop Solar projects under an SBI-World entrepreneurship, will be eligible for a loan.
Bank program. Bank of Baroda launched digital Supply Chain
SBI signed an agreement with Escorts Ltd. to finance Finance solution which aims to accelerate working
farmers for purchase of Escorts tractors. capital loan opportunities for the small & medium
SBI launched the second edition of its Hackathon enterprises & large corporate clients.
named 'Digitize For Bank.' This edition focuses on 4 Debt-laden Air India received a loan worth of Rs. 1,500
‘Cognitive’ themes namely Facial Recognition, crore from Bank of India.
Signature Recognition, Voice based Authentication & Union Bank of India launched an Android app, Union
Cheque Truncation Value Enhancers. Sahyog, as part of its drive to digitise customer-facing
SBI is creating a 15,000-sqft innovation center in Navi banking services. Union Sahyog app is bilingual —
Mumbai investing around Rs 100 crore. The center, to offering both English & Hindi language — & packs in
be built at its Global IT Centre in Belapur in Navi all mobile-based banking applications, missed

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call/SMS-based services, Internet banking login & self- ICICI Bank launched India's first voice-based
user creation & other services. international remittance service to enable non-
Vijaya Bank entered into an MoU with HPCL for resident Indians to send money to any bank in India.
enabling all HPCL retail outlets with BHIM/UPI ICICI Bank announced a new home loan scheme that
merchant solutions. offers borrowers the benefit of 1% cashback on every
PNB & BSNL teamed up to roll out open mobile wallet EMI, for the entire tenure.
Speedpay across 10 states in the country.
Vijaya Bank bagged the first prize under the Rajbhasha ALL OTHER PRIVATE SECTOR BANKS in News
Kirti Puraskar (Region C) for the year 2016-17.
IDBI Bank launched ‘Project Nishchay’ in partnership Axis Bank launched an instant international payment
with the Boston Consulting Group (BCG) to accelerate services using Ripple’s enterprise blockchain
its turnaround program & improve financial technology solution for retail & corporate customers.
performance. HDFC Bank launched its SmartUp Zone in Kochi, an
Syndicate Bank cut savings account interest rate by exclusive area inside the branch dedicated for start-ups.
0.50% to 3.50% for deposits up to Rs 25 lakh. For the From 1st November 2017, HDFC Bank Ltd. made online
deposits above Rs 25 lakh, the interest rate is 4%. transactions through RTGS & NEFT free of cost to
promote a digital economy.
SMALL & PAYMENT BANKS IN NEWS IDFC Bank entered into a “strategic alliance” with
Paytm Payments Bank rolled out Paytm FASTag to MobiKwik to launch a co-branded virtual Visa prepaid
enable electronic toll fee collection on highways across card for customers of MobiKwik.
the country. Federal Bank obtained RBI approval to open
Paytm Payments Bank is the only bank providing zero representative offices at Kuwait & Singapore.
balance accounts & zero charges on digital Yes Bank signed an MoU with Innovation Centre
transactions. It unveiled 'Paytm Ka ATM' outlets that Denmark India (ICDK India) to bring fintech
allows customers to open Saving A/c & innovations & startups from Denmark to India, &
deposit/withdraw money from their A/c. facilitate entry of Indian startups to the region.
'Paytm Payments Bank' formally launched at the hands Yes Bank, unveiled a superior payment wallet service,
of FM Jaitley. Currently, India has four Payments Bank BHIM Yes Pay by fully integrating the application with
which are Paytm Payments Bank, Airtel Payments all the IndiaStack APIs & NPCI Products.
Bank, India Post Payments & Fino Payments Bank. Yes Bank signed an agreement with the govt. to provide
AU Small Finance Bank received RBI approval to Rs 1,000 crore financing for food processing projects.
operate as Scheduled Commercial Bank. This bank's It will be provided to around 100 food processing
name has now been included in the Second Schedule of projects with an average ticket size of Rs 10 crore each.
RBI Act, 1934. RBL Bank set up an all women branch in Chennai,
Paytm introduced payments using BHIM UPI on its Tamil Nadu.
platform, using which users can create their own Paytm “Smart Banking 24X7” e-lobbies launched by Kotak
BHIM UPI ID on the app, which will be issued by Paytm Mahindra Bank in Mumbai.
Payments Bank. IndusInd Bank, in association with MobiKwik
AU Small Finance Bank tied up with SIDBI to launch announced the launch of a co-branded wallet
a Rs. 200 crores fund for providing loans to MSMEs. ‘IndusInd MobiKwik’ that allows its customers to pay
The program will fund term loans in the Rs. 25 lakh to at the MobiKwik merchant network using their
Rs. 2 crore ticket size. accounts, with a ’Direct Debit Feature’.
Fincare Small Finance Bank (previously known as HDFC Bank topped the list of the country’s top 50
Disha Microfin Limited) kick-started its banking brands as per report released by WPP Plc & Kantar
operations with about 25 operational branches across Millward Brown. Airtel is at 2nd spot & SBI at 3rd.
Gujarat, Tamil Nadu, Karnataka & Andhra Pradesh. RBI included HDFC Bank in the list of 'too big to fail'
Sunil Mittal-driven Airtel Payments Bank integrated lenders, referred to as D-SIB or domestic systemically
important bank. SBI & ICICI Bank were classified as D-
UPI on its digital platform, allowing customer choice &
SIBs in 2015.
convenience to facilitate secure digital payments.
Karnataka Bank bagged the ‘best bank’ award among
Fino Payments Bank launched its mobile banking app
small banks for the use of technology for financial
called BPay.
inclusion at the 13th IDRBT Banking Technology
ICICI Bank in News Excellence Awards 2016-17.
Paytm & ICICI Bank collaborated to announce an all- IndusInd Bank & India's second largest Microfinance
new initiative where users can get interest-free short- company Bharat Financial Inclusion signed a
term digital credit. Called Paytm-ICICI Bank Postpaid. confidentiality agreement for proposed merger.

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ALL OTHER BANKS/INSTITUTIONS in News HDFC Life Insurance & Apollo Munich Health come
together to launch ‘Click2Protect Health plan’, which
Corporation Bank launched its RuPay Select & RuPay
Platinum credit cards. Jai Kumar Garg, MD & CEO provides both life & health cover under a single plan.
India’s first ever insurance cover for individual
unveiled it.
victims of cyber crime launched by Bajaj Allianz.
Sub-Committee of Financial Stability & Development
Under this, insurance will be provided against online
Council (FSDC) headed by RBI Governor Urjit Patel
discussed the setting up of the National Centre for fraud, identity theft, cyber-stalking & extortion,
Financial Education (NCFE), operationalisation of phishing & malware attack. Sum insured for the policy
information utilities registered by the IBBI, sharing of is in range of Rs. 1 lakh to Rs. 1 crore.
data among regulators & the implementation status of Tata AIA Life launched ‘Eazy Connect’, to extend
Legal Entity Identifier (LEI). online customer service to social media platforms.
Indian online payments firm BillDesk-owned Hatio Reliance General Insurance received in-principle
Innovations launched cryptocurrency exchange approval from IRDAI for its initial public offering (IPO).
‘Coinome’ in India offering trading of Bitcoin & Bitcoin SBI Life Insurance received approval from SEBI for an
Cash. IPO of up to Rs 8,400 crore ($1.3 billion).
Pradhan Mantri Jan Dhan Yojana (PMJDY) gathered ICICI Lombard General Insurance Company got
momentum in some northern States post SEBI's go-ahead for its estimated Rs 6,000 crore IPO.
demonetisation. With its area & size of population, ICICI Lombard is a joint venture between ICICI Bank &
Uttar Pradesh tops in opening new PMJDY accounts. Canada-based Fairfax Financial Holdings Ltd.
As per World Payment Report, initiatives of govt. & The first private Life Insurer to Implement e-NACH
NPCI will help non-cash transactions grow at a (Electronic – National Automated Clearing House)
compound annual growth rate of 26.2% during 2016 to service of NPCI is ICICI Prudential Life.
2020. The Report was jointly commissioned by India’s first-ever micro-insurance plan ‘insurance
Capgemini & BNP Paribas. khata’ was introduced by IndiaFirst Life. It is
International Business Machines Corporation (IBM) introduced for individuals of the informal sector &
announced the launch of IBM Blockchain, a new agricultural labourers with seasonal incomes.
blockchain banking solution, that will help financial Pension Fund Regulatory & Development Authority
institutions for cross-border payments. (PFRDA) announced that the upper age limit for joining
Insolvency & Bankruptcy Board of India registered the National Pension Scheme (NPS) had been raised to
National E-Governance Services Limited (NeSL) as an 65 years, from the current 60.
Information Utility (IU) under the IBBI (Information Exide Life Insurance announced a partnership with
Utilities) Regulations, 2017. With this, NeSL has Punjab & Maharashtra Co-operative Bank (PMC
become the first IU registered by the IBBI & the Bank) to offer its protection & savings products to the
registration is valid for five years from the date of latter’s customers.
registration. INTERNATIONAL BANKS
Insurance Industry in News Venezuelan President Nicolas Maduro announced the
Life insurer PNB MetLife signed a corporate agency creation of a new virtual currency named 'Petro' to ease
agreement with Bank of Bahrain & Kuwait B.S.C (BBK). the country's economic crisis.
Reliance General Insurance, a subsidiary of Reliance Bank of China formally launched its operations in
Capital signed comprehensive bancassurance-corporate Pakistan, with its first branch inaugurated in Karachi.
agency agreement with YES Bank. American digital payments company PayPal launched
Apollo Munich Health Insurance Company, a joint domestic operations in India.
venture between Apollo Hospitals Group, & Munich Re HSBC launched mobile app - Trade Transaction
Group conferred with the 21st Asia Insurance Industry Tracker - to help customers track the status of their
Awards in the "General Insurance Company of the trade transactions on a real-time basis.
Year" category. HSBC has appointed John Flint as its next chief
General Insurance Corp of India (GIC Re) kicked off executive. He will take over from current chief
its mega Rs 11,370 crore initial public offer (IPO). This executive Stuart Gulliver.
is India's third biggest IPO ever after Coal India's Rs US-based fintech company Mastercard announced the
15,200 crore & Reliance Power's Rs 11,700 crore issues. launch of its global research & development arm
HDFC Life Insurance Company launched 'Neo', a Mastercard Labs in Pune, India. After Singapore, this
servicing bot for Twitter that uses artificial intelligence will be the second Mastercard Labs in Asia-Pacific, &
for customer service. This is the second bot after the ninth in the world.
launch of SPOK. The 1st Canadian bank to be added to Financial
Stability Board’s (FSB) list of global systemically

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important banks (G-SIB) deemed ‘too big to fail’ is traders who misused confidential client information &
Royal Bank of Canada (RBC). colluded with traders at competing banks.
Note: Financial Stability Board (FSB) is in Basel,
Switzerland.
Five banks of the BRICS Bank Cooperation
Mechanism agreed to establish credit lines in the
national currencies & cooperate on credit ratings. The
agreement was signed ahead of the BRICS Summit in
China’s Xiamen city. Brazilian Development Bank,
Vnesheconombank, EXIM, China Development Bank &
Development Bank of South Africa signed.
DBS Bank India, part of Singapore-based financial
services group DBS Group Holdings, received in-
principle approval from RBI to convert its existing
India franchise to a locally incorporated wholly-owned
subsidiary (WOS) in India.
US central bank fined global banking giant HSBC
$175 million for failing to oversee foreign exchange

ECONOMY/FINANCIAL CURRENT AFFAIRS


CBDT entered into 2 Bilateral Advance Pricing the third-largest economy. As per this, India is likely to
Agreements (APAs). These Agreements are the first ever become the world’s fifth largest economy by 2019.
Bilateral APAs with the Netherlands. With this, the total Moody's Investors Service upgraded India's local &
number of APAs by the CBDT has gone up to 186. This foreign currency issuer ratings to Baa2 from Baa3 &
includes 171 Unilateral APAs & 15 Bilateral APAs. changed the outlook on the rating to stable from
GOI increased budget of Agricultural Education by positive after a long gap of 14 years.
47.4% this year as compared to financial year 2013-14. Ministry of Finance increased maximum age of joining
Commerce & Industry Minister Suresh Prabhu stated the National Pension System (NPS) from the existing
that the Merchandise Exports from India Scheme 60 years to 65 years under NPS - Private Sector (i.e. all
(MEIS) incentive rate will be raised by 2% across the citizen & corporate model).
board for labor-intensive/MSME sectors. IT Department clarified that the cash sales of
Cabinet approved the setting up of the 15th Finance agricultural produce by a cultivator to a trader for less
Commission which will assess the tax resources of the than 2 lakh rupees will not attract tax under the IT Act.
nation & suggest a formula for their devolution among New Fund Offer (NFO) for BHARAT-22 Exchange
states. Its recommendations will have to be in place Traded Fund (ETF) was launched by GOI. The target is
before April 1, 2020, it takes 2 years for FC to give its to raise initial amount of about Rs. 8000 crores as part of
recommendations. disinvestment programme for current fiscal. The NFO is
Govt. notified Minimum Export Price of onion at 850 managed by ICICI Prudential Mutual Fund.
dollars per tonne to ensure availability in domestic mkt. Centre made the use of Public Finance Management
FDI in the country increased by 17 percent to USD 25.35 System (PFMS) mandatory for all central schemes. FM
billion during April-September fiscal (2017-18). Jaitley stated that making use of the PFMS mandatorily
New York based Standard & Poor’s (S&P) kept its will ensure benefits of govt. schemes to reach the last
sovereign rating for India unchanged at ‘BBB-‘, with mile. A total of 613 schemes of the central govt. will be
outlook for the nation as ‘stable’. covered under PFMS.
ADB increased annual funding to India to up to $4 SIDBI revamped its portal www.udyamimitra.in with
billion from existing $2.7 billion from next year. enhanced features to provide easy access to credit &
23rd GST Council Meet held in Guwahati. It was hand-holding services for MSME. The portal is mobile-
headed FM Jaitley. GST rate on 177 items reduced from enabled & provides a self-assessment module (auto
28% to 18%. Only 50 items will attract 28% GST rate. assisting in categorization).
Bitcoin rose above the symbolic $10,000 threshold for National Investment & Infrastructure Fund (NIIF) of
the first time, bringing its rise for the year to date to more India signed an investment agreement worth $1 billion
than 900%. with Abu Dhabi Investment Authority (ADIA). The
As per CBDT, farmers are not required show PAN for govt. has set up NIIF with the aim to attract investments
cash sale of their produce up to Rs. 2 lakh a day. from both domestic & international sources for
A report by Bank of America-Merrill Lynch stated that infrastructure development in commercially viable
in the next decade, India will overtake Japan to become projects.

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As per the NITI Aayog Vice-Chairman Rajiv Kumar, failing to redress several investor grievances pertaining
GDP is likely to grow at 6.9-7% this fiscal (2017-18) & to non- settlement of funds due to the clients.
7.5% in 2018-19. It slowed to 7.1% in 2016-17. SEBI allowed Infrastructure Investment Trusts
An MoU was signed by CRISIL & SIDBI to launch (InvITs) & Real Estate Investment Trusts (REITs) to
CriSidEx, a sentiment Index for MSMEs. raise capital by issuing debt securities. It will help attract
India becomes biggest consumer of Ukraine agriculture investors to the capital-starved property sector.
exports. The govt. kept unchanged interest rates on small
India is likely to be the world’s fastest-growing large savings schemes like PPF, Kisan Vikas Patra &
economy in next 10 years, as per Morgan Stanley report. Sukanya Samriddhi for October-December quarter.
Govt. made biometric identification Aadhaar Investments in the Public Provident Fund scheme will
mandatory for all post office deposits, PPF, the fetch annual rate of 7.8% while Kisan Vikas Patra (KVP)
National Savings Certificate scheme & Kisan Vikas investments will yield 7.5% & mature in 115 months.
Patra. All depositors have been given time till December
31, 2017 to provide the 12-digit unique identification Loan/Finance from International Organizations
number & link it with their accounts. AIIB approved USD 2 million loan (Rs. 13,000 crores)
Coffee output in India is pegged to be a record 3.50 lakh for five projects in Andhra Pradesh.
tonnes in the 2017-18 marketing year started this month ADB will provide a USD 152 million to Nepal for the
on higher acreage. implementation & enhancement of its power
SEBI barred Orion Capital as well as Orion Broking & transmission & distribution. ADB & Nepal’s Ministry of
their partners from the securities markets for 10 years for Finance signed the loan agreement in Kathmandu.
Static Takeaways from Banking & Economy Current Affairs
Asset Reconstruction Companies (ARCs): ARC's are specialized financial institution that buys the NPAs or bad assets
from banks & other financial institutions to clean up the balance sheets of Banks & FIs.
HDFC Bank: Mumbai | CEO: Aditya Puri| Bank aapki mutthi mein
LEI: Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that
is party to a financial transaction, in any jurisdiction.
SHG's: Self-Help Group (SHG) is a small voluntary association of poor people who comes together for the purpose of
solving their common problems through self-help & mutual help. SHG promotes small savings among its members. The
savings are kept with a bank.
Andhra bank: HQ: Hyderabad | CEO: Shri Suresh N Patel | Where India Banks
BOB: HQ: Vadodara | CEO: P. S. Jayakumar | India's International Bank
BOI: HQ: Mumbai | CEO: Dinabandhu Mohapatra | Relationship Beyond Banking
Union Bank of India: HQ: Mumbai | CEO: Rajkiran Rai G. | Good People to bank with
Vijaya Bank: HQ: Bengaluru | CEO: R. A. Sankara Narayanan | A Friend you can bank upon
Federal Bank: HQ: Aluva, Kochi, Kerala: CEO: Shyam Srinivasan | Your Perfect Banking Partner
RBL Bank: HQ: Mumbai | CEO: Vishwavir Ahuja | Apno ka bank
Kotak Mahindra Bank: HQ: Mumbai | Founder: Uday Kotak
IndusInd Bank: HQ: Mumbai | CEO: Romesh Sobti |
Corporation Bank: HQ: Mangalore | CEO: Jai Kumar Garg
Bank of China: HQ: Beijing, China
PayPal: American company | CEO: Daniel Schulman
HSBC: HQ: London, United Kingdom
Foreign Exchange Reserves
Foreign Exchange Reserves as on 1st December 2017
₹ Bn. US$ Mn.
Total Reserves 25,894.1 401,942.0
1.1 Foreign Currency Assets 24316.4 377456.1
1.2 Gold 1334 20703.4
1.3 SDRs 96.8 1502.3
1.4 Reserve Position in the IMF 146.9 2280.2
Peer-to-peer (P2P) Lending
Peer to Peer lending, also known as P2P Lending, is a financial innovation which connects verified borrowers seeking
unsecured personal loans with investors looking to earn higher returns on their investments. All peer-to-peer lending (P2P)
platforms will be regulated by the Reserve Bank of India (RBI).
Masala Bonds
It refers to the rupee-denominated borrowings by Indian entities in overseas markets.

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Gross Value Added
It is a measure of total output & income in the economy. It provides the rupee value for the amount of goods & services
produced in an economy after deducting the cost of inputs & raw materials that have gone into the production.
GVA gives a picture of the state of economic activity from the producers’ side or supply side, the GDP gives the picture
from the consumers’ side or demand perspective.
FTSE SBI Bond Index
FTSE SBI Indian Govt. Bond Index, launched in partnership with SBI, denominated in INR, is a market-capitalisation
weighted total-return index tracking the domestic Indian govt. bond market.
Financial Times Stock Exchange (FTSE) is a share index of the 100 companies listed on the London Stock Exchange with
the highest market capitalisation.
BBPS
Bharat Bill Payments System (BBPS) is an integrated online platform which is being developed by the National Payments
Corporation of India for all kinds of bill payments. It would connect the utility service companies on one end & all
payments service providers on the other.
All About the Banks in News
PNB | The Name you can Bank Upon | New Delhi | CEO: Sunil Mehta
BSNL | New Delhi | CEO: Shri Anupam Shrivastava
J&K Bank | Serving to Empower | Srinagar | Parvez Ahmed (Chairman & CEO)
Vijaya Bank | A friend you can Bank Upon | Bengaluru | Shri. R A Sankara Narayanan (MD & CEO)
IDBI Bank | Bank aisa Dost jaisa | Mumbai | Mr. Mahesh Kumar Jain (MD & CEO)
Syndicate Bank| Faithful, Friendly | Mr Melwyn Rego, MD & CEO
Canara Bank| Together we can | Shri. Rakesh Sharma, MD & CEO
Indian Bank| Your Own Bank | Mr. Kishor Kharat, MD & CEO
Corporation Bank | Shri. Jai Kumar Garg: MD & CEO
Indian Overseas Bank | Good People to Grow with | Shri. R. Subramaniakumar: MD & CEO
Union Bank of India| Good People to Bank with| Shri Rajkiran Rai G, MD & CEO
Fincare Small Finance Bank | Bengaluru| Pramod Kabra, Chairman| Rajeev Yadav, MD& CEO
Airtel Payment Bank| Shashi Arora, MD & CEO
Ujjivan Small Finance Bank| Bengaluru, India| Samit Ghosh, CEO & MD
FINO Payment Bank| Qadar Aapki Mehnat Ki| Mumbai| Rishi Gupta, MD & CEO
ICICI Bank| CEO: Chanda Kochhar| Mumbai| Industrial Credit & Investment Corporation of India
HDFC Bank| Bank aapki mutthi mein| CEO: Aditya Puri|Mumbai
Karnataka Bank| Your Family Bank Across India| Shri Mahabaleshwara M. S., MD & CEO
IndusInd Bank| Mumbai| R. Seshasayee, Chairman| Romesh Sobti, MD & CEO
Karur Vysya Bank| Smart Way to Bank| Karur, Tamil Nadu| Shri P R Seshadri, MD & CEO
IDFC Bank| The Bank of Now| Mumbai | Dr. Rajiv Lall, FOUNDER MD & CEO
Axis Bank| CEO: Shikha Sharma| Chairperson: Dr. Sanjiv Misra (Part Time) | Mumbai
Kotak Mahindra Bank| Arvind Kathpalia, President| Mumbai
South Indian Bank| Experience Next Generation Banking| Thrissur, Kerala| V.G. Mathew, MD & CEO
Yes Bank| Mumbai| CEO: Rana Kapoor
EXIM Bank| 1982 under the Export-Import Bank of India Act, 1981| David Rasquinha, MD
SIDBI| Small Industries Development Bank of India| April 2, 1990| Mohammad Mustafa,CMD
NHB| National Housing Bank | Sriram Kalyanaraman, MD &CEO| July 9, 1988- NHB Act, 1987
NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.
IBBI
Insolvency & Bankruptcy Board of India was set up on 1st October 2016 under the Insolvency & Bankruptcy Code, 2016
(Code).
It has regulatory oversight over the Insolvency Professionals, Insolvency Professional Agencies & Information Utilities.
It writes & enforces rules for transactions, namely, corporate insolvency resolution, corporate liquidation, individual
insolvency resolution & individual bankruptcy under the Code.
Dr. M. S. Sahoo is the Chairperson.
NPCI
National Payments Corporation of India, an umbrella organisation for operating retail payments & settlement systems in
India.
It is an initiative of RBI & Indian Banks’ Association (IBA) under the provisions of the Payment & Settlement Systems
Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.
Shri B. Sambamurthy, Interim Chairman.
AIIB

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Asian Infrastructure Investment Bank (AIIB) is a new multilateral financial institution founded to bring countries
together to address the daunting infrastructure needs across Asia.
Mr. Jin Liqun, AIIB President.
Infrastructure Investment Trusts (InvITs) & Real Estate Investment Trusts (REITs)
REITs are listed entities that primarily invest in leased office & retail assets, allowing developers to raise funds by selling
completed buildings to investors.
InvITs are trusts that manage income-generating infrastructure assets, typically offering investors regular yield & a
liquid method of investing in infrastructure projects.
Controller General of Accounts (CGA)
The Principal Advisor on Accounting matters to the Union Govt.. He is Responsible for establishing & managing a
technically sound Management Accounting System. Responsible for preparation & submission of the accounts of the
Union Govt.. Shri Anthony Lianzuala is currently the CGA.
UIDAI
Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the
Aadhaar Act, 2016 on 12 July 2016 by the Govt. of India.
Shri J Satyanarayana, Chairman(part-time), UIDAI| Dr. Ajay Bhushan Pandey, CEO
Headquarters| New Delhi
Multi Commodity Exchange Ltd
It is a state-of-the-art, commodity derivatives exchange that facilitates online trading, & clearing & settlement of
commodity derivatives transactions, thereby providing a platform for risk management.
Mr. Saurabh Chandra: Chairman
Department of Investment & Public Asset Management (DIPAM)
Total disinvestment proceeds during the Current Financial Year 2017-18 is Rs. 19,759.22 crore (as on 4th October, 2017)
Asian Development Bank (ADB) | Philippines| President: Takehiko Nakao| 19 Dec 1966| 67 countries
World Bank | President: Jim Yong Kim| CEO: Kristalina Georgieva| Washington, D.C., United States
WTO| Geneva, Switzerland| 1 Jan 1995| 164 countries (July 2016) | Roberto Azevêdo (Director-General)
SEBI| Ajay Tyagi, Chairman | Mumbai
New Development Bank| Shanghai, China| President: K. V. Kamath| 15 July 2014
NTPC: Gurdeep Singh, CMD
Static Take Aways December 2017 Current Affairs
K K Sharma is the Director Genereal of BSF. Headquarters- New Delhi.
SIMBEX is the Joint Military Exercise between India & Singapore.
Halimah Yacob was recently (September 2017) named Singapore's first female president.
Mexico- a Country in North America, Capital- Mexico City.
Nagaland CM- T R Zeliang, Governor- Padmanabha Balakrishna Acharya.
CBDT Chairperson- Sushil Chandra, Headquarters- New Delhi
Pakistan PM- Shahid Khaqan Abbasi, Capital- Islamabad.
Miss Supranational 2016 was India's Srinidhi Shetty.
Poland Capital- Warsaw, Currency- Polish zloty.
Secretary-General of IMO- Kitack Lim, Headquarters- London, UK.
Russia Capital- Moscow, President- Vladimir Putin.
Kenya Capital- Nairobi, Currency- Kenyan shilling.
2018 Youth Olympics will be held in Buenos Aires, Argentina.
Germany Capital- Berlin, Chancellor- Angela Merkel.
Headquarters of UN: New York, USA | Secretary General: Antonio Guterres
Admiral Sunil Lanba- Chief of Naval Staff (CNS).
Nepal PM- Sher Bahadur Deuba, Capital- Kathmandu, Currency- Nepalese rupee.
Gujarat CM- Vijaybhai R. Rupani, Governor- Om Prakash Kohli.
Andhra Pradesh CM- Chandra Babu Naidu, Governor- ESL Narsimhan.
HDFC Bank- India’s largest private bank by market capitalization
USA President- Donald Trumph (45th), Capital- Washington DC.
AYUSH- Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha & Homoeopathy.
AYUSH Minister- Shripad Yesso Naik.
New Zealand Capital- Wellington, Currency- New Zealand Dollar.
Thailand Capital- Bangkok, Currency- Thai baht.
The 21st FIFA World Cup will be held from June 14 to July 15, 2018, at 12 stadiums in 11 Russian cities.
Food & Agriculture Organization of the United Nations headquarters in Rome, Italy.
Rome is the Capital city of Italy.

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Germany capital- Berlin. Chancellor of Germany- Angela Merkel.
President of ADB is Takehiko Nakao.
Founded on 19 December 1966 ADB has its Headquarter in Manila, Philippines.
Chief Minister of Kerala is Pinarayi Vijayan. Capital of Kerala Thiruvananthapuram.
Venezuela Capital- Caracas, Currency- Venezuelan bolivar.
UAE Capital- Abu Dhabi, Currency- UAE dirham
Dr. Urjit Patel is the 24th Governor of RBI. RBI Headquarters in Mumbai.
M Venkaiah Naidu is the 13th VP if India.
Dr. Jitender Singh: Minister of State for the Ministry of Development of North Eastern Region.
Assam CM- Sarbananda Sonowal, Governor- Jagdish Mukhi. Assam Capital - Dispur.
ISA, HQ in India, has its secretariat located in the campus of National Institute of Solar Energy, Gurgaon, Haryana.
Madhya Pradesh CM- Shivraj Singh Chouhan, Governor- Om Prakash Kohli. Capital of Madhya Pradesh is Bhopal.
USA President- Donald Trump (45th), Capital- Washington D.C.
Saudi Arabia Capital- Riyadh, Currency- Saudi riyal.
Syria Capital- Damascus, Currency- Syrian pound.
South Korea Capital- Seoul
International Olympic Committee headquarter-Lausanne, Switzerland.
ICC CEO- David Richardson, ICC headquarters - Dubai, United Arab Emirates.
UNICEF Headquarter - New York, United States.
Afghanistan Capital- Kabul, President- Ashraf Ghani.
UP CM- Yogi Adityanath, Governor- Ram Naik.
Defence Minister of India- Nirmala Sitharaman.
BR Ambedkar- Independent India's first law minister. Passed Away: 6 December 1956. His Place of Birth: Mhow in Central
Provinces (currently Madhya Pradesh).
NITI- National Institution for Transforming India. Chairperson- Narendra Modi, Vice Chairperson- Dr. Rajiv Kumar.
J. P. Nadda- Union Minister of Health & Family Welfare.
Cuba Capital- Havana, Currency- Cuban peso.
Italy Capital- Rome, Currency- Euro.
Vijay Shekhar Sharma is the Chairman of the Paytm Payments Bank.
UNESCO- United Nations Educational, Scientific & Cultural Organization.
France's Audrey Azoulay- 11th DG of UNESCO, Headquarters- Paris, France.
Australia Capital- Canberra, Australian PM- Malcolm Turnbull. The Netherlands (April 2001)- was the First Nation to grant
the same-sex couples.
Sriharsha Majety- CEO & Co-founder of Swiggy.
Static Take Aways November 2017 Current Affairs
The permanent members of the Security Council are USA, Russia, France & China.
International Court of Justice Headquarters- The Hague, Netherlands.
IBRD- International Bank for Reconstruction & Development.
World Bank President- Jim Yong Kim (12th), Headquarters- Washington DC, USA.
Haryana CM- Manohar Lal Khattar, Governor- Kaptan Singh Solanki.
Minister of Drinking Water & Sanitation- Uma Bharati.
Israel Capital- Jerusalem, Currency- Israeli new shekel, President- Reuven Rivlin.
Forbes- American business magazine, Founded in- 1917. Headquarters- New York City, USA.
Bangladesh Capital- Dhaka, Currency- Taka.
Russia Capital- Moscow, President- Vladimir Putin.
China is the largest fish producer country in the world.
Blue Revolution: Integrated Development & Management of Fisheries.
MD & CEO of Andhra Bank- Suresh N Patel. Headquarter- Hyderabad, Telangana.
Governor of Telangana- E. S. L. Narasimhan.
Capital of Syria: Damascus, President: Bashar al-Assad, Currency: Syrian pound
Capital of Ukraine- Kiev, Currency: Ukrainian hryvnia,
Headquarters of United Nations- New York, USA.
Capital of Zimbabwe- Harare
President of EBRD- Suma Chakrabarti | Headquarters- London, United Kingdom.
Capital of Sri Lanka- Sri Jayawardenepura Kotte. Currency of Sri Lanka- Sri Lankan rupee
President of Sri Lanka- Maithripala Sirisena
The Western Naval Command (Headquarters at Mumbai).
The Eastern Naval Command (Headquarters at Visakhapatnam).

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The Southern Naval Command (Headquarters at Kochi).
Chilika lake located in Odisha.
Radha Mohan Singh is Union Agriculture Minister of India.
Constituency of Radha Mohan Singh- Purvi Champaran (Bihar).
Secretary general of UN- Antonio Guterres.
Axis Bank head office- Mumbai
Chief executive Officer (CEO) & MD- Shikha Sharma.
Shri Jagat Prakash Nadda is the Minister of Health & Family Welfare.
Minister of Law & Justice- Ravi Shankar Prasad.
Capital of New Zealand Wellington.
PM of New Zealand Jacinda Ardern.
RBL Bank MD & CEO- Vishwavir Ahuja, Corporate Office- Mumbai, Maharashtra.
Golden temple is in Amritsar, Punjab. CM of Punjab is Amarinder Singh.
Current Governor of Punjab is V P Singh Badnore.
Capital of China is Beijing.
Vice Chairman of NITI Aayog is Rajiv Kumar.
CM of Haryana is Manohar Lal Khattar.
Seoul is the capital of the Republic of Korea (ROK), also known as South Korea.
Current Governor of Odisha is Senayangba Chubatoshi Jamir.
Headquarters of ‘Coinome’ is located in Mumbai. CEO of Coinome is Vivek Steve Francis.
Headquarters of BOB is in Vadodara, Gujarat & Tagline is ‘India’s International Bank’. Current MD & CEO of BOB is P S
Jayakumar.
Capital of South Africa is Cape Town.
CM of Telangana is K. Chandrashekar Rao.
Capital of Iran is Tehran.
ADB has its Headquarter in Mandaluyong, Philippines. President of ADB is Takehiko Nakao.
The capital of Japan is Tokyo.
Civil Aviation Secretary is R N ChoubeyMinister of Civil Aviation is Ashok Gajapathi Raju Pusapati.
Mridula Sinha is the Governor of Goa.
Headquarters of IOC- Lausanne, Switzerland. 2020 Summer Olympics held in- Tokyo (Japan) in 2020. President of IOC-
Thomas Bach.
48th International Film Festival of India was held in Goa.
Smriti Irani is union Information & Broadcasting & Textiles Minister.
Raman Singh is CM of Chhatisgarh. Balram Das Tandon is present Governor of Chhatisgarh.
Dudhawa Dam located in Chhattisgarh across the Mahanadi river.
Naveen Patnaik is present CM of Odisha. SC Jamir is present governor of Odisha. Bhubaneswar is capital city of Odisha.
AIBA headquarters is in Lausanne, Switzerland.
PM- Sheikh Hasina, President- Abdul Hamid.
New Zealand Capital- Wellington, Currency- New Zealand dollar.
National Green Tribunal (NGT)-
Chairperson- Justice Swatanter Kumar, Headquarter- New Delhi, Established- November 2010.
IDFC Bank MD & CEO- Sunil Kakkar, Headquarters- Mumbai.
MobiKwik CEO- Bipin Preet Singh, Headquarters- Gurgaon, Haryana.
PayPal Headquarter- California USA, Founded in- 1998.
PayPal Holdings Inc President & CEO- Dan Schulman.
HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai.
Nepal PM- Sher Bahadur Deuba, President- Bidhya Devi Bhandari.
Bank of China Chairman- Chen Siqing.
State Bank of Pakistan (SBP) Governor- Tariq Bajwa.
Pakistan PM- Shahid Khaqan Abbasi, President- Mamnoon Hussain.
CM- Pinarayi Vijayan, Governor- Palaniswamy Sathasivam.
Dharmendra Pradhan- Minister of Skill Development & Entrepreneurship.
Estonia Capital- Tallinn, Latvia Capital- Riga, Lithuania Capital- Vilnius.
South Korea Capital- Seoul, Currency- South Korean won.
Delhi Lt. Governor- Anil Baijal.
Adani Power Chairman & Founder- Gautam Adani, Headoffice- Ahmedabad, Gujarat.
Jharkhand CM- Raghubar Das, Governor- Droupadi Murmu.

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UK PM- Theresa May, Capital- London, Currency- Pound.sterling.
Federal Bank MD & CEO- Shyam Srinivasan.
Kuwait Capital- Kuwait City, Currency- Kuwaiti Dinar (world's highest-valued currency unit).
Telangana CM- K Chandrashekhar Rao, Governor- ESL Narasimhan.
Israeli PM- Benjamin Netanyahu, Capital- Jerusalem
NDMA Chairman- PM Narendra Modi, Headquarter- New Delhi.
Minister of Environment, Forest & Climate Change: Dr. Harsh Vardhan.
Haryana CM- Manohar Lal Khattar, Governor- Kaptan Singh Solanki.
Union Home Minister- Mr. Rajnath Singh.
Urjit Patel- 24th Governor of RBI, Headquarter- Mumbai.
Philippines Capital- Manila, Currency- Philippine peso, President- Rodrigo Duterte.
Canada Capital- Ottawa, Currency- Canadian Dollar. PM- Justin Trudeau.
Asia-Pacific Economic Cooperation (APEC) Established in- 1989, Headquarters- Singapore, Current Chairperson- Tran
Dai Quang. 2016 APEC held in- Lima, Peru.
Menaka Gandhi- Cabinet Minister of Women & Child Development
Uber CEO- Dara Khosrowshahi, Headquarters- California, USA.
Softbank Chairman & CEO- Masayoshi Son, Headquarters- Tokyo, Japan.
Bahrain Capital- Manama, Currency- Bahraini dinar.
PNB MetLife India Insurance MD & CEO- Ashish Srivastava,
CPCB Chairman- S.P. Singh Parihar, Headquarter- New Delhi.
AIFF President- Praful M Patel, Headquarter- Dwarka, New Delhi.
Arjan Singh Bhullar- 1st Indian-origin fighter to be signed by the UFC.
Nepal Capital- Kathmandu, Currency- Nepalese rupee. PM Nepal- Sher Bahadur Deuba, President- Bidhya Devi Bhandari.
Philippines Capital- Manila, Currency- Philippine peso. President- Rodrigo Duterte.
Vietnam Capital- Hanoi, Currency- Vietnamese dong.
Communication Minister- Manoj Sinha,
Electronics & IT Minister- Ravi Shankar Prasad.
Air India CMD- Rajiv Bansal.
MD & CEO of Bank of India- Dinabandhu Mohapatra, Headquarters- Mumbai, Maharashtra.
Minister of State for Women & Child Development - Dr. Virendra Kumar.
Italy Capital- Rome, Currency- Euro.
FIFA World Cup 2018- in Russia
Qatar Capital- Doha, Currency- Qatari riyal.
Ministry of Electronics & Information Technology- Ravi Shankar Prasad.
APCERT- Asia Pacific Computer Emergency Response Team.
Chhattisgarh CM- Raman Singh, Governor- Balramji Dass Tandon.
NITI Ayog Vice-Chairman- Rajiv Kumar.
Germany Capital- Berlin, Currency- Euro.
ISA- International Solar Alliance.
Slovenia Capital- Ljubljana.
Japan Capital- Tokyo, USA Capital- Washington DC, Australia Capital- Canberra.
June 21- UN-designated- International Yoga Day- in 2015.
Saudi Arabia Capital- Riyadh, Currency- Saudi Riyal.
China Capital- Beijing, Currency- Renminbi. President- Xi Jinping.
Tamil Nadu CM- Edappadi K Palaniswami, Governor- Banwarilal Purohit.
Japan Capital- Tokyo, PM- Shinzo Abe.
Home Minister of India- Rajnath Singh.
Poland Capital- Warsaw.
Belarus Capital- Minsk.
HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai.
Syria Capital- Damascus, Currency- Syrian pound, Syrian President- Bashar al-Assad.
UN Secretary-General- Antonio Guterres.
Binge watching- the practice of watching multiple episodes of a television programme in rapid succession.
Canada Capital- Ottawa, Currency- Canadian dollar, Canada PM- Justin Trudeau.
US President- Donald Trump (45th)
Andhra Pradesh CM- Nara Chandrababu Naidu, Governor- E.S Lakshmi Narasimhan.
Moodys Analytics President- Mark Almeida, Headquarters- the USA.

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Union Minister of State (I/C) for Development of North Eastern Region (DoNER): Dr. Jitendra Singh.
Moodys Analytics President- Mark Almeida, Headquarters- the USA.
Argentina Capital- Buenos Aires, Currency- Argentine peso
Indonesia Capital- Jakarta, Currency- Indonesian rupiah.
France Capital- Paris, Currency- Euro, President- Emmanuel Macron.
Nagaland CM- T.R. Zeliang, Governor- P.B. Acharya.
Formed on- 15 November 2000, CM- Raghubar Das, Governor- Draupadi Murmu.
Jharkhand was created on the birthday of Birsa Munda who fought against the British.
FSIAB- Financial Stability Institute Advisory Board.
BIS- Bank of International Settlement.
Capital of France- Paris, Currency- Euro|President: Emmanuel Macron, PM: Edouard Philippe
Maharashtra CM- Devendra Fadnavis, Governor- Chennamaneni Vidyasagar Rao.
WHO Director-General- Tedros Adhanom Ghebreyesus, Headquarter- Geneva, Switzerland.
Russia Capital- Moscow, President- Vladimir Putin.
Headquarter of Yes Bank- Mumbai, Founded- 2004, Founder & CEO- Rana Kapoor
Denmark Currency- Danish krone
Founder & CEO Paytm- Vijay Shekhar Sharma.
ICICI Bank CEO- Chanda Kochhar
WPO- World Packaging Organisation, Founded in- September 6, 1968 in Tokyo, Japan.
WPO President- Mr. Thomas Schneider.
Spain Capital- Madrid, Currency- Euro.
Indira Gandhi born on- 19th November 1917| Assassination- 31st October 1984| Shakti Sthal- Memorial to Indira Gandhi
Malaysia Capital- Kuala Lumpur, Currency- Malaysian ringgit
SEBI- Securities & Exchange Board of India.| SEBI Chairman- Ajay Tyagi, Headquarters- Mumbai.
RBL Bank MD & CEO- Vishwavir Ahuja, Corporate Office- Mumbai, Maharashtra.
Xi Jinping is the Present President of China. Beijing is the capital of China.
Manohar Lal Khattar is the CM of Haryana. Kaptan Singh Solanki is the Governor of Haryana.
The Capital of Lebanon is Beirut. Its Currency is Lebanese pound.
General Bipin Rawat is the present & 27th Chief of Army Staff.
COP 22 was held in Marrakesh, Morocco.
Piyush Goyal is the Present Minister of Railways.
Antonio Guterres is the Secretary general of United Nations. UN Headquarters in New York, United Nations.
S. Christopher is the present Chairman of DRDO.
Majuli is a river island in the Brahmaputra River, Assam. It is India’s first island district & world’s largest river island.
Jagdish Mukhi is the Present Governor of Assam.
Natarajan Chandrasekaran is the Chairman of TATA Steels.
Naveen Patnaik is the CM of Odisha. S. C. Jamir is the Present Governor of Odisha.
Harsimrat Kaur Badal, the Union Cabinet Minister of Food Processing
Chanda Kochhar is the MD & CEO of ICICI Bank. ICICI Bank Headquarters in Mumbai.
Cairo is the capital of Egypt. Egyptian pound is the currency of Egypt.
Jim Yong Kim is the President of World Bank. World Bank headquarters in Washington, D.C., United States.
Tedros Adhanom Ghebreyesus is the WHO’s Director General. WHO Headquarters in Geneva, Switzerland.
Tunis is the capital of Tunisia. Beji Caid Essebsi jas is the present President of Tunisia.
Thimphu is the capital of Bhutan. Dzongkha is the official language of Bhutan.
Jamsetji Tata was the founder of TATA Steels. It Headquarters in Mumbai, Maharashtra.
Bharti AXA Life is a life Insurance player that was started in 2006. It brings together the Paris-headquartered AXA Group
& Bharti Enterprises.
Moscow is the capital of Russia. Vladimir Putin is the present President of Russia.
Martina Hingis is from Switzerland.
World Economic Forum HQ in Geneva, Switzerland. Klaus Schwab is the Founder & Executive Chairman of WEF.
Siddaramaiah is the present CM of Karnataka. Vajubhai Vala is the present Governor of Karnataka.
Shahid Khaqan Abbasi is the present PM of Pakistan. Islamabad is the capital of Pakistan.
Devendra Fadnavis is the CM of Maharashtra. Chennamaneni Vidyasagar Rao is the Governor of Maharashtra.
Jin Liqun is present president of the Asian Infrastructure Investment Bank (AIIB). Beijing, China is headquarters of AIIB.
Astana is the Capital of Kazakhstan. Kazakhstani tenge is the currency of Kazakhstan.
Krish Iyer is the President & CEO of Walmart India.
Naveen Patnaik is the CM of Odisha. SC Jamir is the Governor of Odisha.

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Yogi Adityanath is the CM of Uttar Pradesh. Ram Naik is the Governor of Uttar Pradesh.
Yes Bank Headquarters in Mumbai. CEO of Yes Bank is Rana Kapoor.
Yerevan is the Capital of Armenia. Its currency is Armenian dram.
Bangkok is the capital of Thailand.
Sanjay Agarwal, MD & CEO, AU Small Finance Bank.
ONGC stands for Oil & Natural Gas Corporation Limited. Shashi Shankar has been recently appointed CMD of ONGC.
Lt Gen SK Shrivastava is the Director General Border Roads Organization.
Sushil Chandra is the Chairman of Central Board of Direct Taxes (CBDT).
Boxing Federation of India (BFI) President- Ajay Singh.
AIBA- Amateur International Boxing Association.
AIBA President- Dr Ching-Kuo Wu, Headquarters- Switzerland.
Ambassador for AIBA Youth Women’s World Boxing Championship 2017- Mary Kom.
Twitter CEO- Jack Dorsey, Headquarters- California, USA.
Kerala CM- Pinarayi Vijayan, Governor- Palaniswamy Sathasivam.
Co-founder & CEO of Ola- Bhavish Aggarwal.
Microsoft CEO- Satya Nadella.
Apollo Munich Health Insurance, CEO- Antony Jacob.
Paytm CEO- Vijay Shekhar Sharma.
BHIM- Bharat Interface for Money, UPI- Unified Payment Interface.
IBRD- International Bank for Reconstruction & Development.
President- Jim Yong Kim (12th), Headquarters- Washington, DC USA
Guinea Capital- Conakry, Currency- Guinean Franc.
Rajiv Kumar- Financial Services Secretary.
Ajay Narayan Jha- Expenditure Secretary,
Neeraj Kumar Gupta- Secretary, DIPAM.
Subhash Chandra Garg- Economic Affairs Secretary.

Static Take Aways from October 2017 Current Affairs


Manila is the Capital of the Philippines. Rodrigo Duterte is the President of the Philippines.
Sheikh Hasina is the Present PM of Bangladesh. Abdul Hamid is the Present President of Bangladesh.
Port Louis is the Capital of Mauritius.
Alok Kumar Verma is the present Director of CBI.
HSBC Headquarters in London, UK. Stuart Gulliver is the Group CEO of HSBC.
Bern is the Capital of Switzerland.
The MD for India of NBA is Yannick Colaco.
Aapka bank, aapke dwaar is the Tagline of IPPB. IPPB is Headquartered in New Delhi.
Mr. Antonio Guterres of Portugal is the Secretary-General of the United Nations. UN is headquartered in New York.
Sunil Mehta is the MD & CEO Of Punjab National Bank. PNB Headquarters in New Delhi.
IndusInd Bank headquarters in Mumbai. Mr. R. Seshasayee is the Chairman of IndusInd Bank.
Bipin Preet Singh is the CEO of MobiKwik.
The Chairman & MD of NRDC is H Purushotham. Paul B Jansen is the Director of EBTC.
It was formed in the year 1969. Headquarters of UNFPA is located in New York, US. In October 2017, United Nations
Secretary-General Antonio Guterres appointed Dr. Natalia Kanem Executive Director of UNFPA.
Rajiv Jain is the present Director of Intelligence Bureau (IB).
AMFI is Headquartered in Mumbai.
Smt. Smriti Zubin Irani is the Cabinet Minister of Textiles of India.
About LEI- The LEI is a global reference number that uniquely identifies every legal entity or structure that is party to a
financial transaction, in any jurisdiction. It is a unique 20 digit alphanumeric code that is assigned to a legal entity.
Mr. Sunil Kakar is the MD & CEO of IDFC Limited. Headquarter of IDFC Bank is in Mumbai.
Jakarta is the Capital of Indonesia. Joko Widodo is the President of Indonesia.
Shivraj Singh Chouhan is the CM of MP. Om Prakash Kohli (Add. Charge) is the Present Governor of Madhya Pradesh.
Vijaybhai R. Rupani is the present CM of Gujarat. Om Prakash Kohli is the present Governor of Gujarat.
Kabul is Capital of Afghanistan. Afghani is the Currency of Afghanistan. It celebrates National Day on 19 August.
Banwarilal Purohit is the present Governor of Tamil Nadu. Edapaddi K Palaniswami is the Chief Minister of Tamil Nadu.
The Chairman of L & T is A. M. Naik.
Santiago is the Capital of Chile. Michelle Bachelet is the present President of Chile.
Doha is Capital of Qatar. Abdullah bin Nasser bin Khalifa Al Thani is PM of Qatar. Qatar host of 2022 football World Cup.

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SGK Kishore is the CEO of GHIAL. Mohd. Badlisham Ghazali is the MD of MAHB.
Riyadh is capital of Saudi Arabia. Mohammad bin Salman bin Abdulaziz Al Saud is the crowned Prince of Saudi Arabia.
Wellington is the capital of New Zealand. New Zealand dollar is the currency of New Zealand.
The ICC was established in 2002. It is based in the Hague, the Netherlands.
Bujumbura is the capital of Burundi & Burundian franc is its currency.
Tehran is the capital of Iran. Mohammad Ashraf Ghani is the present PM of Afganistan.
Riyadh is the capital of Saudi Arabia. Mohammed bin Salman is the Crown Prince of Saudi Arabia.
Paris is the capital of France. Emmanuel Macron is the President of France.
Siddaramaiah is the CM of Karnataka. Vajubhai Vala is the Governor of Karnataka.
Satya Nadella is the CEO of Microsoft.
Lusaka is the Capital of the Republic of Zambia. Edgar Lungu is the president of the Republic of Zambia.
DEMU stand for Diesel Electric Multiple Unit.
Mohammad Mustafa is the present Chairman of SIDBI. Headquarters of SIDBI is in Lucknow, Uttar Pradesh.
Mannil Venugopalan is the Chairman of Board of AU Small Finance Bank.
Najib Razak is the PM of Malaysia. Kuala Lumpur is the Capital of Malaysia.
Shri B. Sambamurthy is the Interim Chairman of NPCI.
Piyush Goyal is the Minister of Railways of India.
Angela Merkel is the Chancellor of Germany.
SBI headquarters in Mumbai, Maharashtra. It was established on 1 July 1955.
HSBC Headquarters in London, United Kingdom.
Jeff Weiner is the CEO of LinkedIn.
Kim Ki Wan is the MD of LG Electronics India. LG Electronics is a South Korean Company.
Satya Pal Malik is the present Governor of Bihar.
The Capital of Bulgaria is Sofia.
Vijaybhai Rupani is the present CM of Gujarat. Om Prakash Kohli is the Governor of Gujarat.
Satya Nadella is the CEO of Microsoft.
Alice Vaidyan is the CMD of GIC Re. GIC Re is headquartered in Mumbai.
Amsterdam is the Capital of Netherlands.
Xi Jinping is the President of China. Beijing is the Capital of China.
Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon, South Korea.
Ajay Banga is the CEO of Mastercard.
2019 FC Asian Cup will be held in the United Arab Emirates.
UNESCO stands for United Nations Educational Scientific & Cultural Organization.
Mr. M K Surana is the present Chairman & MD of HPCL.
Bipin Preet Singh is the Founder CEO & Director of MobiKwik.
General Bipin Rawat is 27th Chief of Army Staff of the Indian Army. Nirmala Sitharaman is Defence Minister of India.
Vasundhara Raje Scindia is present Chief Minister of Rajasthan.
Kalyan Singh is the present Governor of Rajasthan.
The United Nations is an international organization founded in 1945. It is currently made up of 193 Member States.
FAO stands for Food & Agriculture Organization. The Headquarters of FAO is in Rome, Italy.
Ashwani Lohani is present Chairman of Railway Board.
Kiltan is the latest indigenous warship after Shivalik class, Kolkata class & sister ships.
Admiral Sunil Lanba is present Navy chief.
Vanuatu is a South Pacific Ocean nation made up of roughly 80 islands that stretch 1,300 kilometres. Port Vila is the capital
city of Vanuatu. Tallis Obed Moses is the present President of Vanuatu.
Rajkiran G Rai is present MD & CEO, Union Bank of India. Tagline of Union Bank of India is Good People to Grow with.
YES BANK was founded by Rana Kapoor in 2004. Rana Kapoor is the founder, MD & CEO of Yes Bank.
Paljor Stadium, also known as Palzor Stadium is an association football stadium located in Gangtok, Sikkim.
Shripad Yasso Naik is the Minister of AYUSH.
Tokyo is the Capital of Japan. Shinzo Abe is the PM of Japan.
Smt. Smriti Zubin Irani is the Minister of Textiles of India.
Sujoy Bose is the CEO of NIIF.
FDDI was established in 1986. Headquarters of FDDI is located in Noida, Uttar Pradesh.
Shivraj Singh Chouhan is the CM of MP. Om Prakash Kohli (Add. Charge) is the Governor of Madhya Pradesh.
Cairo is the capital of Egypt. Egyptian pound is the currency of Egypt.
National Rural Livelihood Mission (NRLM) is a poverty alleviation project implemented by Ministry of Rural
Development, Govt. of India. Deen Dayal Antyodaya Yojana or DAY is a Govt. of India scheme for the helping the poor by
providing skill training.

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Chennamaneni Vidyasagar Rao is present Governor of Maharashtra. Chandoli National Park is natural World Heritage
Site & National Park located in Maharashtra.
Sushil Chandra is the present chairperson of the Central Board of Direct Taxes (CBDT).
Periyar National Park, also known as Periyar Tiger Reserve, is in the mountainous Western Ghats of Kerala.
Lal Bahadur Shastri was awarded the Bharat Ratna, India's highest civilian award posthumously in 1966.
Antonio Guterres is present Secretary-General of the United Nations.
Vijay Ghat is the memorial of Lal Bahadur Shastri.
United Kingdom made up of England, Scotland, Wales & Northern Ireland is an island nation in northwestern Europe.
London is the capital city of the United Kingdom.
Vienna is the capital of Austria. Euro is the Currency of Austria.
Xi Jinping is the current president of China. Beijing is the capital city of China. Li Keqiang is the current Premier China.
Chief Minister & Governor of Tamil Nadu is Edappadi K. Palaniswami & Banwarilal Purohit, respectively.
Governor of Andhra Pradesh Ekkadu Srinivasan Lakshmi Narasimhan.
Jagat Prakash Nadda is the present Minister of Health & Family Welfare.
Jim Corbett National Park (UK), Dudhwa National Park (UP), Buxa National Park (WB), Rajaji Tiger Reserve (Uttarakhand).
Mr Nitin Gadkari is the Cabinet minister of Road Transport & Highways.
Tedros Adhanom Ghebreyesus is the WHO’s Director General. WHO Headquarters in Geneva, Switzerland.
Governor of Karnataka is Vajubhai Rudabhai Vala. Chief Minister of Karnataka is Siddaramaiah.
Prof. Jagdish Mukhi is the new Governor of Assam.
Sheikh Hasina is the PM of Bangladesh. Abdul Hamid is the President of Bangladesh.
Accra is the Capital of Ghana. Ghanaian cedi is the Currency of Ghana.
Rajyavardhan Singh Rathore is the present minister of Youth Affairs & Sports.
The President of Germany is Frank-Walter Steinmeier.
Chris Townsend is the Chairman of the Board of PNB MetLife
Birender Singh Dhanoa is present Air Chief Marshal of Indian Air Force.
Karnataka is the largest producer of coffee in India.
Om Prakash Kohli is present Governor of Gujarat. Vijay Ramniklal Rupani is incumbent CM of Gujarat.
Gir Forest National Park & Wildlife Sanctuary is a forest & wildlife sanctuary near Talala Gir in Gujarat.
Addis Ababa is Capital city of Ethiopia. The Ethiopian Birr is the currency of Ethiopia.
Mukhtar Abbas Naqvi is Union Minister of Minority Affairs.
India’s Foreign Minister, @SushmaSwaraj, is the most followed female world leader in the world with a 9.6 million
following on Twitter.
Naveen Tahilyani is the CEO & MD of Tata AIA Life.
R A Sankaranarayanan is the MD & CEO of Vijaya Bank.
UNESCO stands for United Nations Educational, Scientific & Cultural Organization.
Ulaanbaatar is the Capital of Mongolia.
M. P. Mall is the Chairman & MD of IRCTC.
Brigadier BD Mishra (Retd) is the present Governor of Arunachal Pradesh.
Ganga Prasad is the present Governor of Meghalaya.
Werner Hoyer is the President of European Investment Bank. It headquarters in Luxembourg.
Sudhir Pai is the CEO of Magicbricks.
Mr. Ajay Pandey MD & Group CEO of GIFT City.
Launched on 2nd October 1975, the Integrated Child Development Services (ICDS) Scheme is one of the flagship programs
of the Govt. of India & represents one of the world’s largest & unique programmes for early childhood care & development.
Chairman of ISRO is A. S. Kiran Kumar. ISRO was founded in 1969 & is headquartered in Bengaluru, Karnataka.
Flipkart Headquarters in Bengaluru.

BUSINESS NEWS (NATIONAL & INTERNATIONAL)


Companies Key Points
Paytm Bought an undisclosed stake in Urja Money Pvt. Ltd, which evaluates creditworthiness
of people seeking loans to buy two-wheelers.
Moody's Investors Service has upgraded the ratings of infrastructure govt.-related issuers (GRIs) NTPC, NHPC,
NHAI & GAIL to Baa2 in line with India's sovereign ratings.
Chairman of RIL Mukesh Ambani overtook China’s Hui Ka Yan to become Asia’s richest person with a total wealth
of $42.1 billion, as per Forbes’ real-time billionaire’s list.
Walmart India Launched its first fulfilment centre in Mumbai.

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ONGC Got approval from the Department of Investment & Public Asset Management for
acquiring the majority stake in HPCL. ONGC acquired 51.11% stake in HPCL.
Tata Steel Established India’s largest Coke Dry Quenching (CDQ) facility at Kalinganagar
Industrial Complex in Jajpur district of Odisha.
Ola With Microsoft, is building a new connected vehicle platform for car manufacturers
worldwide.
Reliance Communication Received the final approval on its merger with Sistema from the Department of
Telecommunication (DoT). This merger will extend validity of RCom's spectrum
portfolio in the highly valued 800 & 850 MHz band.
Reliance Industries Ltd-RIL Became the first Indian company to cross Rs. 6 trillion market capitalization.
Consumer Electronics major Launched OEM co-branded card with Bajaj Finserv. This will help customers buying
LG Electronics India LG products on a minimum amount of Rs 7,000 & maximum of up to Rs 2 lakh.
Online travel solutions provider Cleartrip named the 'Best Mobile App for Travel & Leisure' at Mobexx Awards.
Hindustan Petroleum become the first Oil Marketing Company (OMC) from India to mark its presence in the
Corporation Limited-HPCL lubricant market in Myanmar.
E-commerce major Myntra Launched its CSR initiative in association with the Union Textile Ministry, to work
directly with weavers & elevate their economic stature.
Honda Motorcycle & Raced past Bajaj Auto to become 2nd biggest bike seller in India during the first half of
Scooter India (HMSI) the ongoing fiscal.
Yatra Online Inc has tied up with OYO to bring the hospitality firm's inventory on its platform.
Bharti Airtel Received Ghana’s National Communications Authority’s approval for the merger
between Bharti Ghana (Airtel) & Millicom Ghana (Tigo), subject to certain conditions.
Prasar Bharati Chairman A Launched an online application system for music auditions across all genres for the
Surya Prakash All India Radio.
Magicbricks Launched India's first online bidding platform for residential & commercial
properties & tied-up with developer M3M for inaugural 'My Bid, My Home' under
which consumers can bid for ready-to-move-in residential properties in Gurugram.
Flipkart Launched MarQ, an in-house brand in the large appliances category. MarQ is an in-
house brand of Flipkart, that sells large appliances.
J Sagar Associates (JSA) is the first law firm to have opened an office at Gujarat International Finance Tec-City
(GIFT). The office was inaugurated by Sudhir Mankad - Chairman of GIFT IFSC.
Airtel Business, B2B arm Launched Airtel GST Advantage - a solution designed to enable small businesses &
Bharti Airtel start-ups to file their GST returns “accurately, securely & seamlessly.”
Airtel Launched 'Office-In-a-Box' for start-ups registered under the Karnataka govt.’s Start-
Up Cell initiative.
Infosys Completed the acquisition of London-based Brilliant Basics.
HDFC Bank surpassed TCS to become the country’s second most valued firm in terms of market valuation.
Mahindra & Mahindra entered into a strategic alliance with US car major Ford Motor Company to explore
cooperation in the sphere of products, technologies, & distribution.
Reliance Industries Ltd Is the world’s third-biggest energy company behind Russia’s Gazprom & German
(RIL) utility E.ON, as per the Platts Top 250 Global Energy Company Rankings.
Aeris Communications entered into a partnership with BSNL to provide packaged Internet of Things (IoT) solutions
& services to small, medium businesses & PSUs in India.
Telecom equipment & Signed MoU with BSNL to provide solutions for disaster management. The 'Relief 123'
solutions provider VNL service will restore connectivity at disaster sites.
Bharat Sanchar Nigam Signed a MoU with Chinese gear maker ZTE to work together & prove key technologies
Limited (BSNL) like Pre5G & 5G wireless systems.
Air India has tied up with PNB & IndusInd Bank to secure loans to the tune of over Rs 3,000 crore for meeting
working capital requirements.
INTERNATIONAL COMPANIES
Tencent become the first Chinese company to be valued at more than $500 billion in Asia.

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Facebook Expects to train about five lakh people in India on digital skills by 2020 & unveiled two
programmes which are Facebook Digital Training & Facebook Startup Training Hubs.
Swedish Company IKEA Launched its first experiential centre 'IKEA Hej HOME' in Hyderabad
Jet Airways & Air France-KLM Come in partnership to route more traffic through Europe & on to North America.
Uber Technologies Inc. Approved SoftBank Group Corp.’s offer to buy a multibillion-dollar stake in UBER.
Amazon Web Services Teamed up to launch an open-source & deep learning interface 'Gluon' that will help
(AWS) & Microsoft developers to deploy machine learning models across several platforms.
Tech major SAP Launched the Asia Pacific Japan (APJ) region's first SAP Leonardo Center in
Bengaluru.
The first US crude oil cargo of 1(point) 6 million barrels bought by Indian Oil Corporation from the US reached
Paradip Port, Odisha. Indian Oil, which became the first Indian public sector refiner to source US crude.
Amazon Opened its largest fulfillment center in India on the outskirts of Hyderabad.
Google Tez Become the latest UPI-based payments app in the country. The app can be used to pay
for movie tickets, utility bills, & make other transactions online.
Suzuki Motor will invest more than Rs 1,150 crore along with Japanese partners Toshiba & Denso to
set up India's first lithium-ion battery facility in Gujarat.
London's transport regulator stripped Uber of its licence to operate, affecting over 40,000 drivers in a huge blow to the
taxi app.
Samsung’s Bixby Voice now works in India. Bixby is meant to do additional & on-phone tasks which Samsung hopes
will make getting things done faster & easier.

Static Takeaways from Business Current Affairs

ONGC: Oil & Natural Gas Corporation Limited| Shashi Shanker, Chairman & MD
Reliance Communication: Chairman: Anil Dhirubhai Ambani
HPCL: Hindustan Petroleum Corporation Limited: M.K. Surana, Chairman & MD
Tencent: Founded in Nov. 1998, Tencent is a leading provider of Internet value added services in China.
NSDC: National Skill Development Corporation | It aims to promote skill development by catalyzing creation of large,
quality & for-profit vocational institutions.
World Bank: President: Jim Yong Kim| CEO: Kristalina Georgieva| HQ: Washington, D.C., United States
Britannia Industries: Nusli N Wadia, Chairman | Varun Berry, MD
Flipkart | Bengaluru | Kalyan Krishnamurthy (CEO)
Indian Oil Corporation: Shri Sanjiv Singh, Chairman
Oil & Natural Gas Corp Ltd | Shashi Shanker, Chairman & MD
Amazon | Washington, U.S. | Jeff Bezos (Chairman, President & CEO)
Samsung | Seoul, South Korea | Lee Kun-hee (Chairman)
Netflix | California, United States | Reed Hastings (Chairman, CEO)
Microsoft | Washington, U.S. | John W. Thompson (Chairman) | Satya Nadella (CEO)
Google | California, U.S. | Sundar Pichai (CEO)

AGREEMENTS/MOU SIGNED
Between Whom MoU/Agreement Details
India & Singapore Agreement on enhancing naval cooperation
India with World Bank Signed Loan Agreement for USD 100 Million for “Shared
Infrastructure for Solar Parks Project”
India & Greece Signed Air Services Agreement (ASA) & MoU on Cooperation (MoC)
in field of New & Renewable Energy.
Delhi govt. with Seoul Metropolitan Govt. Signed a twin city agreement for strengthening cooperation in the
fields of e-governance, transportation, climate change & smart city.
Adani Power (Jharkhand) with Bangladesh Long-term pact to supply electricity from its upcoming 1,600 MW
Power Development Board (BPDB) plant at Godda in Jharkhand to Bangladesh.
Nepal Electricity Authority with China Joint venture agreement to construct 750 MW West Seti Hydropower
Three Gorges Corporation (CTGC) Project. CTGC will have 75% stake & NEA will have remaining 25%.

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National Skill Development Corporation (NSDC) & the Tourism & Hospitality Sector Skill Council (THSC) signed
a tripartite an MoU with Airbnb to provide hospitality skills training to hospitality micro-entrepreneurs in India.
Assam govt. with Singapore Signed MoUs & Terms of Reference for skilling youth in Assam.
Indiana, a State in the US, & Karnataka Signed an agreement to establish sister-state ties for cooperation in
economic, educational & cultural fields.
Odisha Skill Development Authority & Signed MoU for skill development in Odisha.
Singapore’s ITE Education Services (ITEES)
Goa govt. signed a trilateral MoU with Department of Bio-Technology, Ministry of Science & Technology, GoI &
Nobel Media, Sweden to hold ‘Nobel Prize Series — India 2018 (Science Impacts Life)’ to be held in Goa.
Govt. of India (GoI) & Patanjali MoU of Rs 10, 000 Crores .
Financing Agreement for IBRD loan of US$ 119 million for “Odisha Higher Education Programme for Excellence &
Equity (OHEPEE) Project” signed with World Bank.
Engineering Export Promotion Council To provide easy access to finance for SMEs & merchant exporters of
(EEPC) of India with Punjab National Bank the council. PNB will provide finance with assurance that loans up to
Rs. 10 crores would be provided within six to seven weeks.
National Research Development Corporation (NRDC) signed MoU each with European Business Technology Centre
(EBTC) & Lovely Professional University. EBTC is a not-for-profit organization facilitating Europe-India cross-border
collaboration in technology transfer & IP management.
Asian Development Bank & the Govt. of Signed $300 million loan to continue a series of fiscal reforms in the
India State of West Bengal to improve the quality of public service delivery.
Govt. of India & the World Bank Signed $200 million Loan Agreement for Assam Agribusiness & Rural
Transformation Project.
Odisha govt.'s Directorate of Treasuries & MOU for integration of SBI e-Pay with cyber treasury. This will
Inspection & SBI facilitate revenue collection from citizens through digital banking.
Abu Dhabi Global Market-ADGM, the Signed MoU to further foster cross-border exchange between the
International Financial Centre in Abu fintech ecosystems of the United Arab Emirates & India.
Dhabi, & Yes Bank
India with Japan Memorandum of Co-operation (MoC) to send youngsters in Japan as
technical interns for on-the-job training for a period of 3 to 5 years.
India & Ethiopia Agreements on trade, communication & media to boost bilateral ties.
President Ram Nath Kovind & Ethiopia President Mulatu Teshome.
MobiKwik with IRCTC Rail connect app To allow customers book railway tickets using MobiKwik.
MoU signed by UP, Arunachal Pradesh & Meghalaya under ‘Ek Bharat, Shrestha Bharat’ program, to boost cultural
ties. Under this, states will connect with each other to know more about the culture, heritage & traditions.
India & European Investment Bank (EIB) Signed finance contract for lending of 300 million euros (about Rs
2,293 crore) for Bangalore Metro Rail Project phase-II.
India & Switzerland Signed two MoUs in the field of Railways for technical cooperation in
Rail Sector & to help the Konkan Railway in establishing the George
Fernandes Institute of Tunnel Technology (GFITT) at Goa
India & Japan Agreed to collaborate closely in defense production, including on
dual-use technologies.
India & Japan Signed an agreement that will allow their airlines to operate the
unlimited number of flights between the two countries.
BSNL with US-based Coriant Agreement to chart the path to 5G & Internet of Things (IoT) in India.
India & Afghanistan Four pacts in areas of health, transport, space & new development
partnership.
India & Norway Extended bilateral cooperation in health sector through the Norway-
India Partnership Initiative for a period of 3 years starting 2018.
Corporate Affairs Ministry & Central Board Signed MoU for automatic & regular exchange of information to curb
of Direct Taxes (CBDT) the menace of shell companies, money laundering & black money
HSBC with microfinance industry Agreement to develop digital ecosystem for India's unbanked
association Sa-Dhan segment.

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Amazon tied with BOB For the loans, which can go up to Rs. 25 lakh. Amazon(India) plans to
provide unsecured micro-loans, as low as 1 lakh, at interest rates as
low as 10.45-11% at a short span of 3-5 days.
Andhra Pradesh govt. with US-based Signed an MoU to build India's first Hyperloop system which is aimed
Hyperloop Transportation Technologies at connecting cities Amaravati & Vijayawada in Andhra Pradesh.
Maharashtra Govt. & Mother Dairy Fruit & Lease agreement to set up a state-of-the-art milk & milk products
Vegetable Pvt. Ltd processing plant.
Maharashtra govt. with South Korea Signed an MoU for increased co-operation in infrastructure projects
like development of smart cities, roads, airports & metros.
Bharti Airtel & SK Telecom of Korea Announced a strategic partnership under which Airtel will leverage
the SK’s expertise to build advanced telecom network in India.
Tata Steel & Thyssenkrupp of Germany Signed an MoU in a deal that is poised to create one of Europe's
largest steel companies.
Dabur India with e-commerce major For an online Ayurveda marketplace which will house all ayurvedic
Amazon brands & products of the country.
Paytm Payments Bank (PPB) with NPCI To launch a RuPay-powered digital debit card
Countries|Capital|Currency Part 1
Singapore: Singapore dollar | Capital: Singapore
Greece: Athens | Euro
Ethiopia: Addis Ababa | Ethiopian birr
Switzerland: Bern| Swiss franc
Japan: Tokyo | Japanese yen
Afghanistan: Kabul | Afghan afghani
Norway: Oslo| Norwegian krone
South Korea: Seoul | South Korean won
Germany: Berlin | Euro
Somalia: Mogadishu | Somali shilling
Iran: Tehran | Iranian rial
Sweden: Stockholm | Swedish krona (SEK)
Sri Lanka: Administrative Capital: Sri Jayewardenepura| Commercial Capital: Colombo | Rupee (SL)
Bangladesh: Dhaka | Bangladeshi taka

NEW APPOINTMENTS: NATIONAL


Designation/Post Who is Appointed?
Constitutional & Other Posts
1. Govt. appointed former revenue secretary NK Singh as the Chairman of the 15th Finance Commission (FC).
Other members are Shaktikanta Das, Anoop Singh, Ashok Lahiri, & Ramesh Chand. Chand & Lahiri are part
time members. FC to submit its report by Oct. 30, 2019.
2. Private Secretary to President Ram Nath Kovind. Railway officer Vikram Singh
3. India’s High commissioner to Pakistan. Ajay Bisaria
4. Karnataka’s first woman Director General & Inspector Neelmani N. Raju
General of Police. (replaced Rupak Kumar Dutta)
5. New Finance Secretary Hasmukh Adhia
6. Special director of the Central Bureau of Investigation-CBI Gujarat-cadre IPS officer Rakesh Asthana
7. Ambassador of India to Switzerland Sibi George (Replaced Smita Purushottam)
8. Additional Director General, CISF. Shri Alok Kumar Pateria
9. High Commissioner of India to Republic of Zambia N.J.Gangte
10. Vice Chief of Naval Staff (VCNS) Vice Admiral Ajit Kumar
11. India's new Ambassador to China Gautam Bambawale (Replaced Vijay Gokhale)
12. Member (Staff) Railway Board & ex officio Secretary to the D.K. Gayen
Govt. of India

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13. Member (Engineering) Railway Board & ex officio Secretary M K Gupta
to the Govt. of India
14. Tamil Nadu Governor Banwarilal Purohit
15. High Commissioner of India to the Republic of Malta Rajesh Vaishnaw
16. Additional Director General of BSF Nasir Kamal
17. Ambassador of India to Ecuador Ravi Bangar
18. Ambassador of India to the Principality of Liechtenstein Sibi George
19. Solicitor-General of India Ranjit Kumar, the second highest ranking law officer of the govt., resigned.
20. New Governor of Bihar Satya Pal Malik
21. New Governor of Tamil Nadu Banwarilal Purohit
22. New Governor of Assam Prof Jagdish Mukhi
23. New Lieutenant Governor of Andaman & Nicobar Admiral (Retd) Devendra Kumar Joshi
24. New Governor of Arunachal Pradesh Brigadier (Retd) BD Mishra
25. New Governor of Meghalaya Ganga Prasad
26. New Comptroller & Auditor General of India (CAG). Rajiv Mehrishi
27. New Election Commissioner Sunil Arora
28. New Union Railway Minister Piyush Goyal
29. New Defence Minister of India Nirmala Sitharaman
30. New Youth Affairs & Sports Minister Rajyavardhan Singh Rathore
31. Director General of the National Investigation Agency (NIA) Y.C Modi
32. Banaras Hindu University New Chief Proctor Professor Royana Singh
33. India’s ambassador to Pakistan Ajay Bisaria
34. Gautam Bambawale will head the Indian mission in China.
CEO’S/Chairman of Companies/Organizations/Banks
35. Director General of Ordnance Factories (DGOF) & Chairman Shri Sunil Kumar Chourasia
of the Ordnance Factory Board (OFB)
36. CEO & MD, Infosys Salil S. Parekh
37. Chairman of Prasar Bharati Board Veteran journalist A Surya Prakash
38. President of the National Restaurant Association of India. Rahul Singh
39. CEO, Online food delivery start-up Swiggy Vishal Bhatia
40. MD & CEO of Aegon Life Insurance. Vineet Arora (replace K S Gopalakrishnan)
41. Filmmaker Sujoy Ghosh resigned as Head of jury of Indian Panorama, 48th International Film Festival of India .
42. Chairman of Bombay Stock Exchange (BSE) Sethurathnam Ravi (replaced D. Swarup)
43. Executive Director of SEBI. Anand Rajeshwar Baiwar
44. CEO & MD of Tata Steel globally T V Narendran
45. Executive Director & Chief Financial Officer of Tata Steel Koushik Chatterjee
46. CFO, Paytm Payments Bank Sudhanshu Jain
47. Honorary Consul General in Hyderabad Suresh Chukkapalli
48. CEO of Bharti AXA Life Insurance Vikas Seth
49. 1st Woman Senior Deputy Director General, Tamil Nadu, N Poonguzhali
Telecom Enforcement Resource Monitoring (TERM)
50. MD & CEO of India Post Payments Bank (IPPB) Mr. Suresh Sethi (Replaced A.P. Singh)
51. CEO, Association of Mutual Funds in India (AMFI) NS Venkatesh
52. Laureus' first Brand Ambassador Indian Cricketer Yuvraj Singh
53. Business Head of 'MobiKwik Payment Gateway' Rukaiya Rangwala
54. Director of FICCI’s United Kingdom (UK) operations. Param Shah a
55. MD & CEO PNB MetLife India Insurance Company Ltd Ashish Srivastava
56. Vice-chairman of NITI Aayog Economist Rajiv Kumar
57. New Chairperson of Central Board of Secondary Education Anita Karwal
58. MD & CEO of Vijaya Bank R A Sankara Narayanan
59. MD & CEO of Tamilnad Mercantile Bank. KV Rama Moorthy

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60. CMD of United India Insurance Co. Ltd M. Nagaraja Sarma
61. Chairman & MD of NMDC Ltd. N Baijendra Kumar
62. Chairman of Press Trust of India Viveck Goenka (Replaced Riyad Mathew)
63. Ashish Kashyap resigned as the President & Co-founder of MakeMyTrip.
64. President of Society of Indian Automobile Manufacturers Force Motors Chairman Abhay Firodia
65. CMD of IRCTC Ltd. Mahendra Pratap Mall
66. Infosys Senior Vice President Sanjay Rajagopalan has resigned from his post.
67. Interim chairman of the Goods & Services Tax Network UIDAI’s CEO A.B. Pandey
68. Interim Chairman of the board of NPCI B Sambamurthy
69. CMD of NHPC Ltd Balraj Joshi
70. CMD of Cotton Corporation of India (CCI) Ltd. P. Alli Rani
71. CMD of ONGC Shashi Shankar (replaced Dinesh K Sarraf)
72. MD & CEO of Tata Capital Rajiv Sabharwal

NEW APPOINTMENTS: INTERNATIONAL


Designation/Post Who is Appointed?
President/PM/Heads of Countries/Organizations
1. Pakistan's law minister Zahid Hamid resigned.
2. Kenya’s President Uhuru Kenyatta (Second 5 year term)
3. India’s nominee to International Court of Justice (ICJ) Dalveer Bhandari was re-elected to the fifth & the
last seat of the world court.
4. UNAIDS Special Ambassador for Adolescents & HIV. AIDS researcher Quarraisha Abdool Karim
5. President of Zimbabwe Emmerson Mnangagwa (Replaced R. Mugabe)
6. 2nd Woman Director-General of UNESCO. Audrey Azoulay (succeeds Irina Bokova)
7. President of Slovenia Borut Pahor
8. New US Ambassador to India Kenneth Juster (Replaced Richard Verma)
9. PM of New Zealand (Youngest NZ PM in 150 yrs) Jacinda Ardern
10. 30th PM of Mongolia Ukhnaa Khurelsukh
11. 8th President of Singapore Halimah Yacob
12. Sri Lankan President Maithripala Sirisena has sacked his deputy Tourism Minister Arundika Fernando.
13. PM of Peru Mercedes Araoz Fernandez
14. President of Peru Pedro Pablo Kuczynski
15. PM of Iceland Mr. Bjarni Benediktsson has resigned from the post.
16. Fourth term as chancellor in Germany Angela Merkel
17. Angola’s New President Joao Lourenco
Mayors/Member of Parliament/Envoy/Judges
18. Mayor of Yuba city in California Preet Didbal
(first Sikh woman to hold the position in USA)
19. Resigned as International Development Secretary Priti Patel, Britain’s first Indian-origin Cabinet
Minister
20. Bangladesh Chief Justice Surendra Kumar Sinha resigned.
21. Leader of Canada’s New Democratic Party & became the 38-year-old Sikh lawyer Jagmeet Singh
first non-white politician to head a major political party
22. Brenda Hale, the first female president of Supreme Court, & Sir Ian Burnett, the youngest lord chief justice
for 50 years, sworn in at the opening of the legal year.
23. U.S ambassador to India. Kenneth I. Juster
Other Appointments
1. UN Environment’s Goodwill Ambassador for India. Former Miss Asia Pacific Dia Mirza
2. Global Goodwill Ambassador for UN Environment British singer-songwriter Ellie Goulding

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3. President of 36th International Geological Congress Scientist Vijay Prasad Dimri
(IGC) (replaced Shailesh Nayak)
4. Ambassador of World Packaging Organisation. Ecobliss India MD AVPS Chakravarthi
5. HSBC’s Chief Executive Officer for India Jayant Rikhye (Replaced Stuart Milne)
6. Samsung Electronics Chief Executive resigned Kwon Oh-hyun
7. WHO’s Deputy Director General for Programmes Soumya Swaminathan
8. WHO’s Deputy Director General for Corporate Ms Jane Ellison
Operations
9. Chief of Naval Staff of Pakistan Vice-Admiral Zafar Mahmood Abbasi
10. First Indian woman ambassador in 'Friends of Australia' Bollywood actress Parineeti Chopra
(FOA) advocacy panel by Tourism Australia.
11. Chair of Ethics Commission of the International Former United Nations (UN) Secretary-General
Olympic Committee (IOC) for a four-year term. Ban Ki-moon
12. Secretary-General of UN Antonio Guterres appointed Peter Thomson
the first special envoy for the oceans
13. Gulf carrier Etihad Airways’ Group CEO Tony Douglas
14. Chairperson of World Hindu Congress, Chicago-2018 Tulsi Gabbard

Static Takeaways from New Appointments


CISF: Central Industrial Security Force| O.P. Singh, Director General |Existence in 1969
Zambia: Lusaka | Zambian kwacha
Republic of Malta: Valletta | Euro & Maltese scudo
BSF: Border Security Force | December 1, 1965 | K K Sharma, Directore General
Equador: Quito | United States Dollar
Principality of Liechtenstein: Vaduz | Swiss franc
SEBI: Shri Ajay Tyagi, Chairman, SEBI
NHPC: Shri Balraj Joshi, Chairman & MD
SAARC | Kathmandu | 8 members | Secretary-General, Amjad Hussain B. Sial | 1985
FICCI | Pankaj R. Patel, President | Established in 1927
FICCI is the voice of India's business & industry. From influencing policy to encouraging debate, engaging with policy
makers & civil society, FICCI articulates the views & concerns of industry.
WHO | 7 April 1948 | Geneva, Switzerland | Tedros Adhanom, Director-General
CAG: Shri Rajiv Mehrishi. He is primarily entrusted with the responsibility to audit the accounts & related activities of the
three tiers of Govt. – Federal, Provincial & Local.
NITI Aayog: National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union
Cabinet on January 1, 2015. NITI Aayog is the premier policy ‘Think Tank’ of the Govt. of India, providing both directional
& policy inputs.
Vice Chairperson: Dr. Rajiv Kumar b) Chief Executive Officer: Shri Amitabh Kant
NHAI | National Highways Authority of India | Shri Deepak Kumar, Chairman
Shripad Yasso Naik is the Minister of Ministry of AYUSH.
Trivendra Singh Rawat is the present CM of Uttarakhand.
Krishna Kant Paul is the present Governor of Uttarakhand.
BIMSTEC stands for ‘Bay of Bengal Initiative for Multi-Sectoral Technical & Economic Cooperation’, includes namely
Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka & Thailand.
Jethabhai P Patel is the chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF).

AWARDS
Name of the Award Winner
Awards for Literature/Journalism
1. Big Little Book Award for 2017 in "Author in Bengali Language" Sahitya Akademi awardee Bengali
category for her contribution to the children's literature. writer Nabaneeta Dev Sen
2. Ezhuthachan Puraskaram 2017 Noted Malayalam Poet & literary
(Kerala govt.'s highest literary honour) critic, K Satchidanandan

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3. 53rd Jnanpith Award for the year 2017 Renowned Hindi litterateur Krishna Sobti
4. Mathrubhumi Literary Award for 2016 for rich contribution to the Eminent critic, biographer & orator M K
Malayalam literature. Sanu
5. Padma Prabha Puraskaram for 2017 Eminent poet, lyricist & journalist Prabha Varma
6. 2017 Man Booker Prize US author George Saunders
7. Saraswati Samman 2016 Prominent Konkani writer Mahabaleshwar Sail for his novel 'Hawthan'
8. UNESCO’s 2017 International Literacy Prizes
a) Confucius Prize is given to AdulTICoProgram from Columbia, The Citizens Foundation from Pakistan, & the
FunDza project from South Africa.
b) King Sejong prize is shared by Centre for Study of Learning & Performance from Canada & We Love Reading
programme from Jordan
Country’s Highest Honour Given
9. Natalie Portman awarded Israel’s 2018 Genesis Prize in recognition of her commitment to social causes & deep
connection to her Jewish & Israeli roots. It is also known as “the Jewish Nobel Prize,”.
10. Nicaraguan author & former politician Sergio Ramirez Mercado won the 2017 Cervantes Prize. It is the Spanish-
speaking world's highest literary honor.
11. President Kovind gave away the National award for senior citizens to Indian boxing coach Gurbax Singh Sandhu
& Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics & Management for
2017 to Dr. Bindeshwar Pathak.
12. Rajesh Nath, MD of VDMA India, conferred ‘Cross of the Order of Merit’, the highest civilian honour awarded
to individuals for services to Germany. It is also known as Bundesverdienstkreuz or Federal Cross of Merit.
13. Bollywood star Salman Khan received a Global Diversity Award at Britain’s House of Commons.
14. Former DIG D Roopa, who highlighted the alleged irregularities at the central jail in Karnataka, was conferred
the President's Medal.
15. Indian cricket board, BCCI nominated MS Dhoni for country's third highest civilian award –
the Padma Bhushan, for his contribution to the game.
16. Olympic silver medallist shuttler P.V. Sindhu recommended for the prestigious Padma Bhushan by the Sports
Ministry.
17. The top Goncourt Prize 2017 was awarded to Eric Vuillard’s novel L’ordre du jour (in English ‘Agenda’).
Film/Music Awards
18. a) 48th International Film Festival of India concluded with the world premiere of Indo-Argentinian co-
production "Thinking of Him", directed by Pablo Cesar.
b) Amitabh Bachchan was honoured with the Indian film personality of the year Award .
19. Golden Peacock award for best film at 48th International Robin Campillo’s French film 120 Beats Per Minute
Film Festival of India
20. 'Best Short Film Award' at the South Asian Film Festival Indian short film ‘The School Bag’.
of Montreal (SAFFM) Directed by Dheeraj Jindal
21. Madhya Pradesh govt.'s prestigious National Lata Alka Yagnik, Udit Narayan, Usha Khanna, Bappi
Mangeshkar Award. Lahiri & Anu Malik
22. Vishnudas Bhave Award Veteran actor Mohan Joshi
23. Sumitra Charat Ram Award for Lifetime Achievement Girija Devi (Posthumously)
24. Lifetime Achievement Award Veteran actor Sharmila Tagore
25. Golden Lion Award at the 74th Venice Film Festival Guillermo del Toro’s 'The Shape of Water'
26. ANR National Award for contribution to Telugu film S S Rajamouli
industry.
27. In the 69th Annual Primetime Emmy Awards, The Handmaid's Tale became the first web television series to win
the award for Outstanding Drama Series.
28. GQ Actor of the Year Award2017 Rajkummar Rao
GQ Woman of the Year award 2017 Anushka Sharma
Other Awards Conferred
29. 24-year-old model & Miss Korea Jenny Kim bagged the title of Miss Supranational 2017 held in Poland.

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30. 16-year-old Mohamad Al Jounde from Syria awarded the International Children's Peace Prize for his efforts to
ensure the rights of Syrian refugee children.
31. Ministry of Health & Family Welfare awarded Bronze Medal for its creative & informative display at the 37th
India International Trade Fair 2017 being held at Pragati Maidan.
32. Veteran journalist Manik Banerjee presented with the 'Life Time Achievement Award' by the Indian
Mountaineering Foundation (IMF).
33. “Rashtriya Bal Kalyan Award 2017” was given to Super 30 founder Anand Kumar for his contributions in the
field of teaching & education by President Kovind.
34. In International Bosphorus Film Festival which held in Turkey, Ishaan Khattar won Best Actor award for
‘Beyond The Clouds’. It is directed by Iranian filmmaker Majid Majidi.
35. Awarded ‘Most visited place of the world’ by ‘World Book The Golden Temple
of Records’ (WBR), London.
36. Miss World 2017 India's Manushi Chhillar (From Haryana)
37. Miss Universe 2017 Miss South Africa Demi-Leigh Nel-Peters
38. 3rd Indian Council for Cultural Relations(ICCR) Professor Hiroshi Marui of Japan
Distinguished Indologist Award
39. Mother Teresa Memorial Award for Social Justice, 2017 UN High Commissioner for Refugees (UNHCR)
40. International award from Abu Dhabi in the category of Andhra Pradesh Mineral Development
“social contribution in country value.” Corporation (APMDC)
41. List of the Winners of Indian Sports Honours 2017 held in Mumbai
a) R Ashwin awarded Sportsman of the year for team sport.
b) Indian Women’s Cricket Team Captain Mithali Raj awarded Sportswoman of the year for team sport
c) Sania Mirza was awarded Inspirational Honour
d) Emerging Sportswoman of the year: Aditi Ashok (Golfer)
e) Emerging Sportsman of the year: Neeraj Chopra (Javelin Thrower)
f) Differently abled Sportswoman of the year: Deepa Malik
g) Differently abled Sportsman of the year: Devendra Jhajharia
h) Breakthrough Performance of the Year: Hardik Pandya (Cricketer)
42. Indira Gandhi Prize for Peace, Disarmament & Former PM Manmohan Singh
Development
43. Sri Ranganathaswamy Temple of Srirangam in Tamil Nadu won UNESCO Asia Pacific Award of Merit 2017 for
the cultural heritage conservation program.
44. Royal Opera House awarded the UNESCO Asia-Pacific Award for Cultural Heritage Conservation.
45. Gitanjali Rao, an 11-year-old Indian-American schoolgirl, named as “America’s top young scientist” for
inventing a cost-effective, quick lead-contamination detector in water.
46.
47. Indian-origin South African researchers honored with prestigious award for their exceptional contributions in
the field of HIV/AIDS. Professors Salim Abdool Karim & Quarraisha Abdool Karim received the award from the
Institute for Human Virology (IHV) in Baltimore, US.
48. Confederation of Indian Industry (CII) Industrial L&T Technology Services Ltd (LTTS)
Innovation Award, 2017.
49. Entrepreneur of the Year by ASSOCHAM Maya Swaminathan Sinha
50. Award from All India Council for Technical Education Entrepreneurship Development Institute of India
(AICTE) for supporting start-ups (EDII)
51. Golden Peacock Award under the category 'Global Andhra Pradesh CM N Chandrababu Naidu
Leadership in Public Service & Economic Transformation'
52. Gujarat International Finance Tec-City (GIFT City)'s International Financial Services Centre (IFSC) bagged the
10th spot in the latest edition of Global Financial Centres Index (GFCI), London.
53. Best department for its contribution during Swachhta Ministry of Health & Family Welfare
Pakhwada
54. International Business Person of the Year at the Asian Birendra Sasmal, CEO of Subah
Achievers Awards in London
55. Meenakshi Sundareswarar Temple has been adjudged best ‘Swachh Iconic Place’ in India.

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56. Journalist-activist Gauri Lankesh, who was shot dead by unknown assailants posthumously accorded with the
prestigious Anna Politkovskaya Award, instituted by Reach All Women (RAW) in War.
57. Reliance Foundation was rewarded with Rashtriya Khel Protsahan Award. Chairperson of the foundation, Nita
Ambani collected the award from President Ram Nath Kovind.
58. Infosys co-founder N R Narayana Murthy & Mumbai-born scientist Veena Sahajwalla conferred the PLuS
Alliance Prize.
59. ASSOCHAM Services Excellence Award. Gujarat International Finance-Tec City
60. First life time award by Badminton Association of India Indian Badminton legend Prakash Padukone
61. N R Madhava Menon Best Law Teacher Award 2017 Eminent jurist Tahir Mahmood
62. National level Rajbhasha Keerti Award Marine Products Export Development Authority
63. UNHCR 2017 Nansen Refugees Award. A Nigerian, Zannah Mustapha
64. Eminent scientist, Professor C.N.R Rao, become the first Asian to be chosen for Von Hippel Award for his
immense contribution in materials research.
65. Hyderabad International Airport Ltd bagged National Award for ‘Excellence’ in Energy Management at a
conference hosted by Confederation of Indian Industry (CII).

Static Takeaways from Awards & Recognition


International Gandhi Peace Prize: For contributions towards social, economic&political transformation through non-
violence&other Gandhian methods.
Bharat Ratna: It is the premier civilian award, to serve the nation.
Padma Vibhushan: Ranking wise the second award is the Padma Vibhushan in the Indian Republic. It awarded people
from various fields including Govt. service to distinguish extraordinary service for the country.
Padma Bhushan: The Padma Bhushan is the highest civilian award third in rank in the Indian Republic.
Padma Shri: It is awarded to citizens of India for their distinguished contribution in several fields including Education,
Literature, Arts, Science, Industry, Social Service, Medicine, Sports&Public Affairs.
Dronacharya Award: For brilliance in sports coaching.
Dhyan Chand Award: Highest lifetime achievement award in sports&games in India
Rajiv Gandhi Khel Ratna: Highest honor given for accomplishment in sports.
Vyas Samman: For literary in the Hindi language.
Saraswati Samman: For outstanding prose or poetry literary works in any Indian language listed in Schedule VIII of the
Constitution of India.
Param Vir Chakra: Highest decoration Awarded for the most conspicuous bravery or some daring or prominent act of
valour or self-sacrifice in the presence of the enemy on land, sea or air.
Maha Vir Chakra: Second highest decoration. It is awarded for acts of conspicuous gallantry in the presence of the enemy,
whether on land, at sea or in the air.
Vir Chakra: It is the third in the order of awards for acts of gallantry in the face of the enemy on land, sea or air.
Ashok Chakra: Awarded for most conspicuous bravery or some daring act of valour or self-sacrifice.

Prize Field
Academy (Oscar) Awards Film (From 1929)
Grammy Award Music (From 1958)
Ramon Magasaysay Award Govt. (Public) Service, Social Service, Journalism, Literature,
Communication&International Understanding (From 1957)
Bourlog Award Agriculture (From 1992)
Awards Related Fields
Grammy Music
Pulitzer Journalism&Literature
Arjun Sports
Bowelay Agriculture
Kalinga Science
Dhanwantri Medical Science
Bhatnagar Science
Nobel Prize Peace, Literature, Economics, Physics, Chemistry, Medical Science

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Abel Maths
Merlin Magic
Man Booker Literature
Vachspati Samman Sanskrit Literature

CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)


Name of the Summit Location/Held in
SUMMITS HELD NATIONALLY
1. Shared Value Summit 2017 with the theme “Equity & Empowerment” held in New Delhi
(Minister of Industry & Commerce, Suresh Prabhu was the chief guest)
2. 15th Finance Commission first meeting under the Chairmanship of Shri N.K. Singh & New Delhi
other members held in
3. 1st International exhibition & Conference on AYUSH & Wellness sector- AROGYA New Delhi
2017 with the theme 'Enhancing the global potential of Ayush' held in
4. 6th International Tourism Mart-2017 Guwahati, Assam
5. VP M Venkaiah Naidu inaugurated 12th Annual convention of central information
commission in New Delhi.
6. a) First South-Asian edition of the Global Entrepreneurship Summit (GES), organised by NITI Aayog in
partnership with govt. of USA held in Hyderabad, Telangana.
b) U.S. President Trump’s Adviser & daughter Ivanka Trump lead the US delegation.
c) The theme of the Summit was "Women First, Prosperity for All".
7. 5th Global Conference on Cyber Space inaugurated by PM Modi held in New Delhi
8. International Gita Mahotsav 2017 inaugurated by President Kovind held in Kurukshetra, Haryana
(Mauritius was partner country & Uttar Pradesh was partner state)
9. Indian Tsunami Early Warning Centre (ITEWC) based at Indian National Centre for Ocean Information Services
(INCOIS) conducted “Multi-State Mega Mock Exercise of Tsunami for East Coast of India”.
10. 12th meeting of Standing Committee of Inter-State Council (ISC) held in New Delhi
(It was chaired by Union Home Minister Shri Rajnath Singh)
11. Korea festival showcasing Korea's rich art, culture & heritage inaugurated at Ambience Mall, Haryana
12. 1st edition of International Symposium to Promote Innovation & Research in Energy Jaipur, Rajasthan
Efficiency (INSPIRE 2017) held in
13. Nordic-Baltic embassies will host the first ever youth film festival of the European nations in Delhi.
14. ‘India Disaster Response Summit’ held in New Delhi
15. Ministry of Women & Child Development celebrated the Child Rights Week by hosting ‘Hausala 2017’ festival. The
nation celebrates Children’s Day on 14 Nov. & International Child Rights Day on 20 Nov.
16. 6th China-India Forum Meet inaugurated by Karnataka CM Siddaramaiah. in Bengaluru
Jointly hosted by Govt. of China, Chinese People’s Association for Friendship with
Foreign Countries (CPAFFC), China-India Friendship Association (CIFA), & Podar
Enterprise.
17. 21st World Congress of Mental Health New Delhi
18. 37th India International Trade Fair (IITF) at Pragati Maidan in New Delhi.
Organised by India Trade Promotion Organisation (ITPO). The theme was “Startup India Standup India”.
Vietnam was Partner Country|Kyrgyzstan was Focus Country|Jharkhand was Partner State.
19. 34th Annual conference of Asian Bankers Association (ABA) with the theme 'Asia's Mumbai
turn to transform' to be held in
20. 15th Asia Pacific Computer Emergency Response Team (APCERT) Conference with In New Delhi
the theme "Building Trust in the Digital Economy" held in
21. India’s first Tribal Entrepreneurship Summit jointly organized by NITI Aayog & Dantewada, Chhattisgarh
govt. of USA held in
22. Three-day AP AgTech Summit-2017 held in Visakhapatnam

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23. “12th North-East Business Summit” to explore the scope for business opportunities In New Delhi
in the North-Eastern region of India.
24. Ninth edition of CMS Vatavaran - an international film festival on environment & New Delhi.
wildlife with the theme Conservation 4 Water" held in
25. World Food India 2017 food Event held in New Delhi
26. PM Modi inaugurated a global conference on consumer protection in New Delhi
(Note: Twenty-two countries participated in the international conference)
27. 3rd Global Investors’ India Forum with the theme 'Ideate, Innovate, Implement & New Delhi.
Invest in India’ held in
28. a) India will host the next United Nations (UN) global wildlife conference in 2020.
b) India will host the next CMS Conference of the Parties CMSCOP13.
CMSCOP12 plenary held in Manila, Philippines with the theme ‘Their Future is Our Future - Sustainable
Development for Wildlife & People’.
29. 44th edition of world largest B2B handicraft & gifts fair entitled IHGF-Delhi Fair India Expo Centre & Mart,
(Autumn) 2017 held at Greater Noida
30. The 2017 Global Entrepreneurship Summit will be held in. Hyderabad, India
Note: Theme is “Women First, Prosperity for All”.
31. Archaeological Survey of India (ASI), Ministry of Culture is hosting international Delhi, Gandhinagar &
conference on “Dialogue of Civilizations – IV” Dholavira
32. The first ever ASEAN-India music festival held at Purana Quila in New Delhi
Note: Theme is ‘Shared Values, Common Destiny’.
33. First Meeting of India-Australia Joint Steering Committee held in New Delhi
34. Rajaswa Gyan Sangam, 2017 jointly organized by CBDT & Central Board of Excise & New Delhi
Customs.
35. First ever National Conference on Mission Mode to address Under-Nutrition in the New Delhi
country with the goal of “Malnutrition Free India-2022”
36. 1st National Canine Seminar organized by NSG. Manesar, Haryana
The theme was 'Canine as Tactical Weapon in Fight against Terrorism'
37. The second State Startup Conference held in New Delhi
38. 5th ‘Coastal Shipping & Inland Water Transportation Business Summit 2017’ Kochi
39. Conference on “Sustainable landscapes & forest ecosystems: Theory to Practice”. New Delhi
40. 2nd International Yoga Festival & Sports Championship 2017 organized in J&K
41. First ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017) Delhi & NCR
42. 6th International textile & apparel fair, 'VASTRA' Jaipur
43. 1st Mobile, Internet & Technology event in India – India Mobile Congress 2017 New Delhi
44. For the first time, India, US & Afghanistan will hold joint trade & investment show
in Delhi.
SUMMITS HELD INTERNATIONALLY
45. International Conference on Climate Change, 'Resilient Hindu Kush Himalaya: Nepal
Developing Solutions towards a Sustainable Future for Asia' inaugurated by Nepal
President Bidya Devi Bhandari held in
46. 3rd Dialogue between the NITI Aayog & Development Research Council of China, Beijing
co chaired by VC Dr. Rajiv Kumar, & Mr Li Wei, President (Minister), DRC held in
47. Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting 2017 with Da Nang, Vietnam
the theme ‘Creating New Dynamism, Fostering a Shared Future’ held in
Note: APEC summit 2018 to be held in Papua New Guinea.
48. 10th South Asia Economic Summit (SAES) with the theme “Deepening Economic Kathmandu, Nepal
Integration for Inclusive & Sustainable Development in South Asia”.
49. 31st ASEAN (Association of Southeast Asian Nations) Summit with the theme Manila, Philippines.
"Partnering for Change, Engaging the World" held in
Note: Philippine President Rodrigo Duterte chaired the summit.

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50. A Curtain Raiser Event for the Founding Ceremony of the International Solar Bonn, Germany
Alliance (ISA) was held in
51. 2017 UN Peacekeeping Defence Ministerial Conference held in Vancouver, Canada
52. IV Global Conference on the Sustained Eradication of Child Labour Buenos Aires(Argentina)
53. WHO Global Ministerial Conference “Ending TB in the Sustainable Development Moscow, Russia
Era: A Multisectoral Response” held in
54. a) IEF 7th Asian Ministerial Energy Roundtable (AMER7) held in Bangkok, Thailand.
b) India is the current chair of International Energy Forum (IEF).
c) Shri Dharmendra Pradhan participated in the event.
55. 2nd World Congress on Marxism to be held at Peking University in
Note: Theme is "Marxism & the Current World & China". Beijing, China
56. Union Minister for Finance Arun Jaitley participated in G-20 Finance Ministers &
Central Bank Governors (FMCBG) Meeting in Washington D.C.
57. 8th Association of SAARC Speakers & Parliamentarians (ASSP) held in Colombo, Sri Lanka
Note: Theme was ‘Association of the SAARC Speakers & Parliamentarians’: a
platform for the Parliamentarians of South Asia to work together to reach the 2030
agenda for Sustainable Development
58. World Govt. Summit announced that India is a guest country in its upcoming gathering.
Note: World Govt. Summit- HQ: Dubai, UAE & Chairman: Mohamed bin Abdullah Al Gergawi.
59. 13th Meeting of Inter-Govt.al Commission (IGC) with Kazakhstan. Astana, Kazakhstan
60. 9th BRICS Summit held in Xiamen, China. The theme was "Stronger Partnership for
a better future".
61. 7th ASEM (Asia–Europe Meeting) Economic Ministers’ Meeting Seoul, South Korea
Theme: ‘Innovative Partnership for Inclusive Prosperity’

COMMITTEES IN NEWS
Purpose for which Committee is formed Headed by
1. High-level committee set upby the Govt. to address the problem of Headed by NITI Aayog chief
stressed assets in India's power sector. executive Amitabh Kant
2. 7-member committee formed by Union Environment Ministry to Environment Secretary C.K.
formulate measures to solve problem of air pollution in Delhi-NCR region. Mishra
3. Govt. set up a ministerial panel to consider & oversee mergers among the FM Arun Jaitley
country’s 21 state-run banks.
4. Govt. constituted task force for redrafting the 50-year old income tax law Arbind Modi, CBDT Member
in sync with the economic needs of the country. (Legislation) as the Convener
5. Panel formed by RBI for hedging commodities in global markets Chandan Sinha
6. Economic Advisory Council to PM (EAC-PM) held its first meeting in EAC-PM is chaired by Dr. Bibey
New Delhi to deliberate upon & lay out a roadmap to give a leg up to the Debroy
Indian economy in the short term.
7. Inter-State Council (investigates & advises on disputes between states) has PM Modi is the Chairman
been reconstituted
8. Committee formed for the review of the laws governing GST M Vinod Kumar
9. Panel for by the Govt. to study merger of District Central Cooperative Yashwant Thorat
Banks (DCCBs) with Maharashtra State Cooperative (MSC) Bank
10. Group of ministers (GoM) on making the GST composition scheme more Assam Finance Minister Himanta
attractive held its first meeting in New Delhi. The 5-member GoM, led by: Biswa Sarma
11. 5-member committee formed to select the candidate for the post of editor- Prasar Bharati Chairman A Surya
in-chief of Rajya Sabha TV (RSTV). Prakash
12. President Kovind appointed a five-member Committee to examine sub- Headed by Delhi High Court's
categorization of OBCs under Article 340 of the Constitution. former Chief Justice G Rohini

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13. Govt.'s Committee on Haj Policy has recommended phasing out of Headed by Afzal Amanullah
subsidy for Haj pilgrims & allowing women devotees above 45 years of
age to travel in a group of at least four without a male
14. Centre has set up a high-level committee for proper management of water NITI Aayog Vice Chairman Rajiv
resources in the North-Eastern region to be head by Kumar
15. NITI Aayog constituted an Expert Task Force to provide a major thrust to job NITI Aayog Vice Chairman Dr.
creation by enhancing India’s exports Rajiv Kumar
16. Advisory committee of SEBI to discuss a proposal for extending stock Jayanth R Varma
market trading hours. The committee is led by
17. FM Jaitley constituted a Group of Ministers (GoM) to monitor & resolve Bihar Deputy CM
the IT challenges faced in the implementation of GST. Sushil Kumar Modi
18. Committee on Exports constituted to look at the issues of export sector & Convenorship of Revenue
to recommend the GST Council suitable strategy for helping the export Secretary Dr. Hasmukh Adhia
sector in the post-GST scenario.
19. PM Modi reconstituted the Economic Advisory Council (EAC) to guide Bibek Debroy is the Chairman.
him on economic issues

NATIONAL CURRENT AFFAIRS


INDIA & WORLD India re-elected as the member of the UNESCO’s
India re-elected to the Council of the International executive board. The election held at the 39th session of
Maritime Organisation under Category B. Indian High the General Conference of the UNESCO in Paris, France.
Commissioner to the UK Y K Sinha represented India at Four agreements were signed by India & Philippines
the assembly. in areas including Defence Cooperation & Logistics,
The Govt. to Govt. Umbrella Agreement between agriculture, Micro, Medium & Small Enterprises-MSME
India & Germany concerning Financial Cooperation in & forging closer relations between the Indian Council of
2016 (II) signed to formalize an amount up to Euro 200 World Affairs & the Philippines Foreign Service
million for Financial Cooperation in form of loan for Institute.
the project ‘Climate Friendly Urban Mobility III’ & India, the United States, Japan & Australia held their
Euro 11 million Accompanying measures in form of first official-level talks in Manila, Philippines with a
grant for four projects. focus on keeping the India-Pacific region "free & open".
India & Cuba signed MoU for enhanced cooperation in India & France agreed to deepen security cooperation,
the health sector. bilaterally & in the multilateral fora, & strengthen strong
Union Agriculture & Farmers Welfare Minister, Shri commitment to combating terrorism in all its forms &
Radha Mohan Singh with H.E Maurizio Martina, Italian manifestations.
Minister for Agriculture Food & Forestry Policies have
signed a new MoU for cooperation in Agriculture &
Phytosanitary issues.India & Russia agreed to
implement the general declaration for visa free entry of
the crew of chartered & scheduled flights between the
two countries.
The govt. of India will assist Mauritius to develop &
set up digital locker services, on the sidelines of Global
Conference on Cyber Space 2017.
Russia will assist India to set up a national crisis
management centre in the country to handle disaster &
other emergency situations.
PM Modi & his Bangladeshi counterpart Sheikh Hasina
jointly inaugurated the long-awaited direct train- India & Tunisia agreed to jointly combat terrorism &
service between Kolkata & Khulna. The new train extremism while ramping up cooperation in the field of
service is called Bandhan Express. security. This was signed at the 12th India- Tunisia Joint
Govt. notified the third protocol between India & New Commission Meeting. External Affairs Minister Sushma
Zealand for avoidance of double taxation & prevention Swaraj co-chaired with her Tunisian counterpart
of fiscal evasion with respect to taxes on income. Khemaies Jhinaoui. Six agreements in the fields of

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judicial cooperation, cooperation in youth issues, reduce the level of stunting, under-nutrition, anemia &
information & communications technology, trade & low birth weight babies.
business, were also signed. The total fish production has reached at about 11.41
India pledged an additional amount of USD 100 million tonnes in 2016-17 & India has become the 2nd
million towards the UN partnership fund, scaling up largest fish producing country in the world.
its support to sustainable development projects across Union Cabinet chaired by PM Modi has approved
the developing world. India's Membership for European Bank for
ADB & Govt. of India signed a $65.5 million loan Reconstruction & Development (EBRD).
agreement in New Delhi to continue interventions to Winter session of Parliament will be held from 15th of
check coastal erosion on the Western Coast in next month to 5th January.
Karnataka. Minister of Women & Child Development, Smt Maneka
To strengthen maritime security, India & United States Gandhi launched an intensive training program for
agreed to implement the program for Helicopter Elected Women Representatives (EWRs) of Panchayati
Operations from Ships Other Than Aircraft Carriers Raj Institutions & Master Trainers, in New Delhi.
(HOSTAC). Govt. embarked upon a major policy initiative for the
German Railways will assist Indian Railways to make rapid transformation of 115 backward districts across
country's existing rail corridors semi-high speed. The the country by 2022. Senior level govt. officials, at the
semi high-speed trains will run at 200 km per hour. rank of Additional Secretary & Joint Secretary, have
India opened two immigration check posts along the been nominated as ‘Prabhari’ officers for each district. A
borders with Myanmar & Bangladesh. Central govt. detailed briefing of these officials was held under the
designated Zorinpui land check post in Lawngtlai chairmanship of Cabinet Secretary P.K. Sinha.
district of Mizoram as an authorized immigration check Union Home Ministry formed two new divisions to
post for entry into or exit from India with valid travel exclusively deal with emerging security challenges
documents for all classes of passengers to or from such as radicalization & cyber crime. The two divisions
Myanmar. Kawrpuichhuah land check post in Lunglei called Counter-Terrorism & Counter-Radicalization
district of Mizoram as an authorized immigration check (CTCR) & the Cyber & Information Security (CIS).
post for entry into or exit from India with valid travel CTCR wing is basically modified version of the Home
documents for all classes of passengers to or from Ministry’s internal security-II division. CIS division will
Bangladesh. monitor online crimes & threats, including cyber fraud
Bangladesh signed a $4.5 billion third line of credit & hacking.
(LoC) agreement with India for its infrastructure & Centre given an in-principle approval to provide an
social sector development. The agreement was signed in assistance of Rs 10,000 crore to fund 107 irrigation
the presence of FM Jaitley & his Bangladeshi counterpart projects in drought-hit Vidarbha & Maratha regions of
A M A Muhith. Maharashtra.
ADB increase its annual lending to India to a India topped the list of seven countries, accounting for
maximum of $4 billion between 2018 & 2022 to help 64% of 10.4 million new tuberculosis (TB) cases
fasten inclusive economic transformation. worldwide in 2016, as per report by the World Health
PM Modi met Belarus President Aleksandr Organisation. An estimated 1.7 million people died
Grigoryevich Lukashenko in New Delhi & discussed from TB in 2016.
various issues of mutual interest of both countries. SC ruled that technical education cannot be provided
India started 'Operation Insaniyat' to provided through correspondence courses. The Apex Court
assistance to Bangladesh in response to the restrained educational institutions from providing
humanitarian crisis being faced on account of the large courses in technical education like engineering.
influx of Rohingya refugees into that country from India Pavilion at Conference of Parties (COP) 23
Myanmar. inaugurated by Union Minister of Environment, Forest
& Climate Change, Dr. Harsh Vardhan at Bonn in
OTHER NATIONAL CURRENT AFFAIRS Germany. The 23rd United Nations Framework
PM Modi inaugurated the BR Ambedkar International Convention on Climate Change (UNFCCC) held at the
Centre in New Delhi. He also unveiled two statues of Bonn, Germany. India’s theme for COP 23 is
the Dalit icon at the center in Janpath. “Conserving Now, Preserving Future”.
Union Cabinet chaired by PM Modi has approved Union Home Minister Rajnath Singh along with Minister
setting up of National Nutrition Mission (NNM) with of Petroleum & Natural Gas & Skill Development &
a 3-year budget of Rs.9046.17 crore commencing from Entrepreneurship Dharmendra Pradhan inaugurated
2017-18. The program through the targets will strive to India's first Pradhan Mantri Kaushal Kendra (PMKK)

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for Skilling in Smart Cities, in collaboration with New PM Modi laid the foundation stone for Bhadbhut
Delhi Municipal Council (NDMC). Barrage to be built over Narmada River in Bharuch
Union Home Minister Rajnath Singh announced that Gujarat. He also flagged off the Antyodaya Express
former Director IB Dineshwar Sharma was between Udhna in Surat & Jaynagar in Bihar. A new 500-
handpicked by the Ministry of Home Affairs (MHA) to crore rupees civil hospital & a medical college in
hold a dialogue with stakeholders of Jammu & Vadnagar, Gujarat was inaugurated.
Kashmir. A sustained dialogue will be initiated with all PM Modi laid the foundation stone of a four-lane cable-
shades of opinion in Kashmir Valley. stayed bridge between Okha & Beyt Dwarka. The
Union Cabinet approved the biggest ever highway bridge is a link between old & new Dwarka. The 2.32
project to develop & expand approximately 83,000 km km bridge, including 900 metres of central double span
of roads at an investment of Rs 6.9 lakh crore by 2022. cable-stayed portion, will be constructed at a cost of Rs.
The project also includes the new 28,400 km Bharatmala 962.43 crores.
highway program connecting border areas, improving The nation pays homage to Father of the Nation,
international, port & coastal connectivity. Mahatma Gandhi on his 148th birth anniversary on
India overtakes the US to become world’s 2nd largest 02nd October 2017. His autobiography was "My
smartphone market, trailing only China, as per Canalys. experiments with Truth".
Union Cabinet approved over Rs 7,000 crore for The nation pays homage to former PM Lal Bahadur
construction of permanent campuses of six new Indian Shastri on his birth anniversary on 02nd October 2017.
Institute of Technology (IITs) across the country. Each Lal Bahadur Shastri was born on 02nd October 1901 at
of the permanent campuses to be established at Tirupati Mughalsarai in Uttar Pradesh. He led the country
(Andhra Pradesh), Palakkad (Kerala), Dharwad during the Indo-Pakistan War of 1965 & gave the
(Karnataka), Jammu (Jammu & Kashmir), Bhilai slogan - "Jai Jawan Jai Kisan".
(Chhattisgarh) & Goa will have a facility for housing India's first Centre for Animal Law established at
1,200 students from the academic year 2020-2021. NALSAR University of Law in Hyderabad, Telangana.
PM Modi dedicated the Bidar - Kalaburagi New President Kovind launched nation-wide campaign
Railway Line to the Nation by unveiling a plaque at Swachhata Hi Sewa from Kanpur, UP. The objective is
Bidar Railway Station, in Karnataka. to mobilize people & reinforce the Jan Aandolan for
PM Modi inaugurated the first ever All India Institute sanitation to contribute to Mahatma Gandhi's dream of
of Ayurveda (AIIA) in New Delhi, on 2nd Ayurveda a Clean India.
Day. It is the first institute under the Ministry of AYUSH PM Modi launched the Sardar Sarovar Dam - the
with a National Accreditation Board for Hospitals & world's second-biggest - on the river Narmada in
Healthcare Providers (NABH) accreditation. Gujarat. The 1.2-km-long dam, which is 163 meters
PM Modi laid the foundation stone for four sewerage deep, will irrigate over 18 lakh hectares in the state.
projects under the Namami Gange programme; & four President Kovind laid the foundation stone of 2nd phase
National Highway projects, at Mokama in Bihar. The of link IV pipeline canal of Saurashtra Narmada
total outlay of these projects is over Rs. 3700 crores. The Avtaran Irrigation (SAUNI) Yojana in Rajkot, Gujarat.
four sewerage projects include Sewage Treatment Plant FSSAI CEO Pawan Kumar Agarwal inaugurated the
at Beur, Sewerage System with Sewer Network at Beur, Nestle Food Safety Institute in Manesar, Gurugram. It
Sewage Treatment Plant at Karmalichak & STP & Sewer will provide guidance & training on food safety.
Network at Saidpur. VP Naidu laid the foundation stone for Ranchi Smart
Foundation stone for the first ever Industrial Training City coming up on the Heavy Engineering Corporation
Institute for the Divyangans exclusively was laid at (HEC) land.
Dibrugarh ITI Complex at Borboruah, Dibrugarh by
Assam CM Sarbananda Sonowal.
INTERNATIONAL CURRENT AFFAIRS
IMF approved a new USD 88 billion credit line for ADB Board of Directors has approved debt financing
Mexico which will boosts Mexico’s ability to & partial risk guarantees totaling $583 million to
immediately deal with a potential need for liquidity. develop the Reliance Bangladesh Liquefied Natural
Raj Shah who holds a key position in the White House, Gas (LNG) & Power Project.
gaggled with reporters on board US Presidential US Supreme Court allowed President Donald Trump’s
chopper Air Force One, becoming the first Indian- travel ban to take full effect pending appeal, for
American to enjoy the privilege. people coming from six Muslim-majority countries. As
The first phase of Chabahar port inaugurated by a result of the SC's ruling, Trump's travel ban, which
Iranian President Hassan Rouhani. The port, located restricts travel to the US by people from Iran, Libya,
in Iran’s southeastern Sistan-Baluchestan Province. Syria, Yemen, Somalia & Chad without bona fide

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connections to the US, can take full effect while legal in the world. The book fair was held under the theme
challenges proceed. ‘A World in My Book’.
Australia’s parliament legislated for marriage China unveiled Asia's largest artificial island-
equality, passing a bill almost unanimously to allow building ship. The 140-metre-long vessel has been
two people, regardless of sex, to marry. Australia dubbed as "magic island maker". It is capable of
becomes the 25th country to recognize same-sex digging 6,000 cubic metres an hour, which is equivalent
marriage. to three standard swimming pools. The boat named
US President Donald Trump & Russian President Tian Kun Hao is equivalent of three standard
Vladimir Putin agreed to support the U.N. effort to swimming pools.
"peacefully resolve" the nearly seven-year-long Syrian As per govt. of Kazakhstan, the name of this Central
civil war. Asian Country will change to Qazaqstan by 2025.
Robert Mugabe resigned as President of Zimbabwe PM Modi visited International Rice Research Institute
with immediate effect after 37 years in power. (IRRI) in Los Banos, Philippines & inaugurated ‘Shri
Scientists developed the world’s first artificial Modi Resilient Rice Field Laboratory’ there.
intelligence politician that can answer a person’s DMRC with Embassy of Sweden jointly inaugurated
queries regarding local issues such as policies around Nobel Memorial Wall at the Rajiv Chowk Metro
housing, education & immigration. The virtual station, Delhi.
politician, called SAM, was created by Nick Lebanese PM Saad al-Hariri resigned from his post.
Gerritsen, a 49-year-old entrepreneur in New Kevin Lilliana of Indonesia was crowned Miss
Zealand. International 2017 by Verzosa in Tokyo.
Myanmar's de facto leader Aung San Suu Kyi stripped Bangladesh signed long-term sales & purchase
of the Freedom of Oxford award over her "inaction" in agreement with an Indian refiner to import gas oil to
handling the raging Rohingya refugee crisis & turning meet the country’s energy demand.
a "blind eye to violence" in the country that forced over Nicaragua signed the Paris Agreement on climate
600,000 people to flee to Bangladesh. change, leaving the United States & Syria as the only
European Union Election Observation Mission two countries holing out to sign this global climate pact.
officially launched to monitor the general & provincial The President of Nicaragua is Daniel Ortega.
polls in Nepal which are scheduled for November 26 & Qatar committed that it will introduce a minimum
December 7. wage for workers in the country. Other reforms to
Saudi Arabian govt. approved the practice of yoga as labour laws include stopping employers from
a sports activity, claimed a social media post of Nouf preventing workers from leaving the country, a new
Marwaai, founder of the Arab Yoga Foundation in the central authority to ensure that work contracts are
Saudi kingdom. being adhered to & bilateral agreements with 36
Typhoon Damrey arrived in Vietnam. It was the countries to protect the legal rights of those who head
strongest cyclone in 16 years. to the Gulf for work.
China launched world's first all-electric ship that can Saudi Arabia become the first country to give a robot
travel up to 80 km with 2000-tonnes cargo after a two- citizenship. The move is an attempt to promote Saudi
hour charge. The 70.5-metre-long ship, which weighs Arabia as a place to develop artificial intelligence and,
about 600 tonnes, was launched in Guangzhou in South presumably, allow it to become a full citizen. The Robot
China's Guangdong Province. is named as 'Sophia'.
As per UN report, Syria has officially signed up to the Burundi became the first nation ever to leave the
Paris Agreement, leaving the United States as the only International Criminal Court (ICC), set up 15 years
country to reject the global climate-rescue pact. Syria ago to prosecute those behind the world’s worst
became 169th of 196 countries that are members of the atrocities.
UN climate convention. The world’s first hybrid electric tram powered by
Food & Drug Administration approved the first drug hydrogen fuel cells has started running in China.
in the United States with a digital ingestion tracking Iran's key strategic port of Chabahar became
system, in an unprecedented move to ensure that operational with the maiden shipment of wheat from
patients with mental illness take the medicine India to Afghanistan. It was flagged off from Kandla
prescribed for them. port in Gujarat. Chabahar port is strategically located
With more than 1.5 million book titles & 1,650 in Sistan-Balochistan province on energy-rich Iran’s
publishing houses from 60 countries, Sharjah southern coast in Gulf of Oman.
International Book Fair (SIBF) opened its doors to Turki Al-Asheikh, Chairman of the General Sports
public & trade visitors. It is the third largest book fair Authority of Saudi Arabia announced that Saudi

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women will now be able to attend sports events in repeatedly failing to heed concerns over possible
stadiums starting from 2018. terrorist financing & money laundering.
US & Israel announced their withdrawal from the In US, two influential Democratic lawmakers
UN’s cultural agency UNESCO after Washington introduced a legislation in the House of
accused it of anti-Israeli bias. Representative to support India’s permanent
South Pacific island nation of Vanuatu become host to membership to the UN Security Council. Introduced
the world’s first govt. to accept bitcoin in exchange for by Congressman Ami Bera & Congressman Frank
citizenship. Pallone, the resolution would put the House officially
In the United States, hurricane Nate made landfall on record in support of India’s bid.
near the mouth of the Mississippi River in Louisiana. Prince Charles, the heir to Britain’s throne, became the
Austria’s law banning face veils such as burkhas or longest-serving Prince of Wales in history.
niqabs has come into effect from now. As per the Russia & Iraq restored scheduled commercial airline
Govt., acceptance & respect of Austrian values are basic services for the first time since 2004.
conditions for successful cohabitation between the Norway's sovereign wealth fund, the largest in the
majority Austrian population & people from third world, reached the value of $1 trillion for the first
countries living in Austria. time.
China marked 68th National Day on 01st Oct. 2017 Fifty countries have signed a treaty to ban nuclear
with more than 115,000 people from across the country weapons, a pact that the world’s nuclear powers
gathering at the Tian'anmen Square to watch the raising spurned but supporters hailed as a historic agreement
of the National Flag in Beijing. nonetheless.
China will give 500 million yuan ($76.4 million) for a Saudi Arabia’s King Salman issued a decree allowing
BRICS economic & technology cooperation plan, & women to drive for the first time. The order will be
another $4 million for projects at the BRICS countries' implemented by June 2018. Saudi Arabia is the only
New Development Bank stated Chinese President Xi country in the world to forbid women from driving.
Jinping. Indian Ambassador in UAE Navdeep Singh Suri
Nepal signed a USD 635 million UN assistance inaugurated the second Indian Workers’ Resource
package for 2018-2022 to lay out the country’s Centre (IWRC) in UAE to provide support &
development strategy for the next five years. counseling to Indians in distress.
US banking regulators ordered Pakistan’s Habib Bank
to shutter its New York office after nearly 40 years, for
Countries|Capital |Currency Part 2
International Maritime Organization: HQ: London, UK| San Marino: San Marino |Euro
Head: Kitack Lim Kazakhstan: Astana |Kazakhstani tenge
Cuba: Havana | Cuban convertible peso, Cuban peso Indonesia: Jakarta |Indonesian rupiah
Italy: Rome | Euro Peru: Lima |Sol
Mauritius: Port Louis | Mauritian rupee Iceland: Reykjavik |Icelandic króna
Phillipines: Manila | Philippine peso Germany: Berlin.
France: Paris | Euro, CFP franc Angola: Luanda |Angolan kwanza
Tunisia: Tunis | Tunisian dinar Serbia: Belgrade |Serbian dinar
Myanmar: Naypyidaw | Burmese kyat Mongolia: Ulaanbaatar |Mongolian tögrög
Belarus: Minsk | Belarusian ruble Nepal: Kathmandu |Nepalese rupee
Iran: Tehran | Iranian rial Papua New Guinea: Port Moresby |Papua New Guinean
Libya: Tripoli | Libyan dinar kina
Syria: Damascus | Syrian pound Australia: Canberra |Australian dollar
Yemen: Sana'a | Yemeni rial Belarus: Minsk |Belarusian ruble
Somalia: Mogadishu | Somali shilling Myanmar: Naypyidaw | Burmese kyat
Chad: N'Djamena | Central African CFA franc Uzbekistan: Tashkent | Uzbekistani soʻm
Vietnam: Hanoi | Vietnamese dong Vietnam: Hanoi | Vietnamese dong
Kazakhstan: Astana | Kazakhstani tenge Philippines: Manila |Philippine peso
Lebanese: Beirut | Lebanese pound Iraq: Baghdad |Iraqi dinar
Indonesai: Jakarta | Indonesian rupiah Norway: Oslo | Norwegian krone
Nicargua: Managua | Nicaraguan córdoba Saudi Arabia: Riyadh |Saudi riyal
Burundi: Bujumbura | Burundian franc Kenya: Nairobi |Kenyan shilling
Cyprus: Nicosia |Euro, Cypriot pound Malta: Valletta | Euro
Bolivia: Sucre | Bolivian bolivian

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CURRENT AFFAIRS RELATED TO STATES IN INDIA
NORTHERN STATES Bilal Dar, a young boy from Srinagar become the brand
Uttar Pradesh's Shamli district was included in the ambassador for Srinagar Municipal Corporation. Dar
National Capital Region (NCR), taking the total has been contributing to the ‘Swachhta Abhiyan’ since
number of districts in the NCR to 23. the age of 12.
Uttar Pradesh becomes the first state to endorse the
Centre's draft bill that makes instant triple talaq a EASTERN STATES
cognizable & non-bailable offense. As per the draft Nagaland is all set to celebrate the 54th Statehood Day
law, its 3 years' imprisonment & a fine to a Muslim man & the 18th Hornbill festival 2017 at Naga Heritage
trying to divorce his wife by uttering "talaq" three times. Village, Kisama.
The world's biggest toilet pot model unveiled at Bihar Cabinet approved reservations for persons with
Marora, popularly known as "Trump village", in disabilities in govt. jobs & educational institutions. The
Haryana on World Toilet Day (19 November) in a bid to cabinet gave its approval during a meeting presided by
create awareness towards sanitation & use of toilets. CM Nitish Kumar.
Haryana govt. signed pacts worth Rs. 2,069 crores with Petroleum Minister Dharmendra Pradhan inaugurated
44 agro-based & food processing enterprises & the first phase of Piped Natural Gas supply system in
establishments that will provide employment to 5,012 Bhubaneswar, Odisha.
persons. India’s first State of art virology laboratory at Dr Anjali
Haryana emerged as the first state in the country to Chatterjee Regional Research Institute for
treat Hepatitis-C patients through oral medicine. Homoeopathy in Kolkata inaugurated.
Haryana Govt. announced lifetime monthly pension of ADB sanctioned a USD 300 million loan facility for
Rs 10,000 for 'Hindi Satyagrahis' & those from the state carrying forward fiscal reforms in West Bengal.
who were jailed during the Emergency.
UP cabinet decided to make India's first conservation NORTH-EASTERN STATES
reserve for blackbuck in Allahabad's Meja. Nagaland became the first State in the Northeast to
Border Roads Organisation (BRO) built the world's launch Point of Sale (POS) facility for electricity bill
highest motorable road at a height of over 19,300 feet. payment, where the mode of payment will be cashless.
The road constructed in the Ladakh region of J&K. 86- It was launched at Kohima.
kilometre road constructed under 'Project Himank' of A group of ministers (GoM) set up under Assam
the BRO. Finance Minister Himanta Biswa Sarma to make the
UP govt. issued an order notifying Vrindavan & composition scheme more attractive & also revisit GST
Barsana towns in Mathura district as “pavitra teerth rates on restaurants.
sthals (sacred pilgrimage sites)”. No meat & liquor In a bid to take Internet connectivity to the remotest part
shops will be allowed in these towns anymore. of the state, Assam govt. signed an MoU with Google
PM Modi's parliamentary constituency Varanasi will India.
soon get two sewage treatment plants as part of the Tripura become the first state in the country to set up
govt.'s bid to curb Ganga water pollution. The sewage family welfare district committees to examine the
treatment plants, having a total 260 million litres daily complaints of women against their husbands & in-laws
capacity, will be commissioned at Varanasi's Dinapur & & find an amicable solution. Tripura High Court is the
Goitha before March next year. first high court among 24 high courts of the country that
Home Minister Singh & UP CM Yogi Adityanath has constituted the family welfare district committees.
jointly flagged off the Lucknow Metro Project. The 8.5- In Tripura, a new underground water treatment plant
km 'priority corridor' from Transport Nagar to has been commissioned at Sadhutilla in the southern
Charbagh will be operational from 6 am to 10 pm daily. part of Agartala. The plant has fulfilled the need for
Uttarakhand CM Trivendra Singh Rawat announced drinking water free from iron & other contamination.
the appointment of actor Akshay Kumar as the brand
ambassador of the Swachh Bharat Mission in the state. WESTERN STATES
HP govt. launched first-of-its-kind electric bus service PM Modi inaugurated unique world-class hospital at
in the 51km-long stretch road between Manali & Swaminarayan Gurukul Vidyapeeth Pratisthanam in
Rohtang Pass. Ahmedabad, Gujarat. This world-class hospital aims at
ADB approved a loan of $80 million (about Rs 524 providing top of the line medical & health care on
crore) for the modernization of HP’s technical & subsidized rates.
vocational education & training (TVET) institutions. India will soon have the first Cartoon Network-
branded theme park. Turner International India, which

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owns the Cartoon Network brand, has entered into a Andhra Pradesh assembly unanimously passed the
brand partnership with Gujarat based real estate, Kapu reservation bill which will provide the
entertainment & hospitality group Rajgreen for the community with a 5% quota in education &
launch of Amaazia, in Surat. employment in the state.
Gujarat will go to polls in two phases on December 9th Telugu would be implemented as a compulsory subject
& 14th for 182 assembly seats. CEC Mr. A K Joti made in the CBSE & ICSE schools, from the next academic year
this announcement. 89 seats will go to polls in the first in Telangana.
phase & the rest 93 in the second phase. Telangana CM K Chandrashekar Rao declared Urdu as
Rajasthan assembly become the first in India to call the state's second official language. Every office in the
attention & adjournment motions & proposals online state will now have an Urdu speaking officer.
from legislators to send them to the state govt.. Hyderabad Metro Rail opened for public with the
Centre has given green clearance for a greenfield airport passengers. PM Modi inaugurated 1st phase of elevated
project at Hirasar, about 28 km from Rajkot in Gujarat, Hyderabad Metro Rail project at the Miyapur station.
at a cost of over Rs. 1,400 crores. Govt. given go-ahead for setting up India’s first mega
PM Narendra Modi has inaugurated the first phase of coastal economic zone (CEZ) at Jawaharlal Nehru Port
ambitious Ghogha-Dahej Roll-on Roll-off ferry service in Maharashtra as part of a plan to develop 14 industrial
at Ghogha in Bhavnagar district in Gujarat. This clusters to spur manufacturing & generate jobs.
passenger movement service reduced the distance Kerala govt. inked an MoU with Intel & UST Global
between the Ghogha & Dahej from 310 kilometres by for exploring the possibility of transforming the state
road to just 30 kilometres, which can be covered in one into an electronic hardware manufacturing hub.
hour. Tamil Nadu CM, Edapaddi K Palaniswami, laid the
PM Modi launched the Intensified Mission foundation stone for an aerospace park at Kanchipuram
Indradhanush (IMI) at Vadnagar in Gujarat. Through district to be set up by the State Govt. in 245 acres & at
this, govt. aims to reach each & every child under two an estimated cost of Rs 198 crore.
years of age & all those pregnant women who have been Madras high court banned the use of pictures of living
left uncovered under the routine immunisation persons on banners & hoardings in T. Nadu. It also
program. banned the use of photos of people sponsoring pictures.
Gujarat’s commercial capital Ahmedabad formally Karnataka Govt. announced the signing of an MoU
accorded the status of India’s first World Heritage City with Microsoft Corporation India Private Limited with
by UNESCO. an intention to empower smallholder farmers with
The Kandla Port, one of the top 12 major ports in the technology-oriented solutions that will help them
country, has been renamed as Deendayal Port in the increase income.
name of Hindutva icon Pandit Deendayal Upadhyay. CM of Maharashtra Devendra Fadnavis released a sum
of Rs 4,000 crores under the first phase of the over Rs
CENTRAL STATES 34,000 crore farm loan waiver scheme. In the first phase,
Madhya Pradesh Assembly unanimously passed a Bill the scheme will cover more than 8 lakh farmers.
awarding death to those found guilty of raping girls Kerala govt. given green signal to a proposal of the
aged 12 & below. With this, Madhya Pradesh becomes state Startup Mission (KSUM) to accord sabbatical
the first State where those convicted of such rapes will leave to the faculty members of all colleges who intend
face the gallows. to establish startups. An expert panel, headed by KSUM
Chhattisgarh Govt. imposed a ban on the bursting of CEO Saji Gopinath, will select 10 faculty members on a
firecrackers in six of its cities, including the state capital pilot basis for the implementation of the project.
Raipur, ahead of the wedding season. Andhra Pradesh CM Chandrababu Naidu launched
Madhya Pradesh has won the ‘Best Tourism State’ Swachh Andhra Mission on the occasion of Gandhi
national award for the third consecutive year. President Jayanti. Ace shuttler PV Sindhu has been chosen as the
Ram Nath Kovind handed over the award, named as brand ambassador of Swachh Andhra.
‘Hall of Fame Award’, to Minister of State for Tourism Karnataka govt. will merge the existing seven health
Surendra Patwa. schemes to launch a unified health scheme- ‘Arogya
Bhagya’. It will cover all 1.4 crore households of the
SOUTHERN STATES state. The main theme of scheme is ”Treatment First &
Air Force & Coast Guard have launched a massive Payment Next”.
rescue operation off the Kerala coast to save hundreds Karnataka is the first state to roll out an Electric
of fishermen stranded in the rough sea hit by Cyclone Vehicle & Energy Storage Policy that looks not only at
Ockhi. boosting sales of Electrical Vehicles but also setting up
charging infrastructure & special manufacturing zones.

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Karnataka CM Siddaramaiah launched 'Vision-2025'
project across the state. It aimed at evolving a draft
policy for the development of the state in next seven
years by seeking the opinion of the public.
The First water ATM has been inaugurated by
Telangana State Home Minister N Narasimha Reddy at
Nalgonda X Roads.
Andhra Pradesh CM N. Chandrababu Naidu declared
the year of 2017 as e-Pragati year. The flagship program
will help the govt. to make real-time governance.
15th International Film Festival for Documentary, Short
& Animation films to be hosted by Mumbai in Jan-Feb
2018.

ALL ABOUT THE STATES IN INDIA


CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS / POWER PLANTS IN INDIA

States National Parks(NP) Wild Life Sanctuaries Power Plants


J&K Dachigam National Park Gulmarg WLS -
CM : Mehbooba Mufti Hemis National Park Limber WLS
Governor: Narendra Vohra Kishtwar National Park Nandini WLS
Capital: Jammu(Winter) Salim Ali National Park
Srinagar(Summer)
Himachal Pradesh Pin Valley National Park Bandli WLS Girinagar Hydel Project
Great Himalayan National Daranghati WLS Binwa Hydel Project
CM: Virbhadra Singh Park Dhauladhar WLS Rangtong Hydel Project
Governor: Acharya Dev Vrat Inderkilla National Park Nargu WLS Baner&Neugal Project
Capital: Shimla Khirganga National Park Pong Dam Lake WLS
Simbalbara National Park Shilli WLS
Talra WLS
Punjab Abohar WLS Guru Gobind Singh
CM: Captain Amarinder Harike Lake WLS Super Thermal Power
Singh Jhajjar Bacholi WLS Plant
Governor: V P Singh
Badnore
Capital: Chandigarh
Haryana Kalesar National Park Bhindawas WLS Gorakhpur Atomic
Sultanpur National Park Kalesar WLS Power Station
CM: Manohar Lal Khattar Khaparwas WLS Deenbandhu Chhotu
Governor: Kaptain Solanki Ram TPS
Capital: Chandigarh Rajiv Gandhi TPS
UP Dudhwa National Park Hastinapur WLS Narora Atomic Power
Ranipur WLS Station
CM: Yogi Adityanath Sohagibarwa WLS Rihand Thermal Power
Governor: Ram Naik Sur Sarovar WLS Station
Capital: Lucknow Chandraprabha WLS Anpara Thermal Power
National Chambal WLS Station
Bihar Valmiki National Park Gautam Budha WLS Kahalgaon Super
CM: Nitish Kumar Kaimur WLS Thermal Power Station
Governor: Satya Pal Malik Pant (Rajgir) WLS Barauni TPS
Capital: Patna Valmiki WLS
Chattisgarh Indravati National Park Badalkhol WLS Sipat Thermal Power
Kanger Valley National Bhairamgarh WLS Plant
CM: Raman Singh Park Bhoramdev WLS Hasdeo TPS
Governor: Balram Tandon

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Capital: Raipur Guru Ghasi Das (Sanjay) Udanti Wild Buffalo Bhilai Expansion Power
WLS Plant
Jharkhand Betla National Park Lawalong WLS Chandrapura TPS
CM: Raghuvar Das Palkot WLS Koderma Thermal
Governor: Draupadi Murmu Parasnath WLS Power Station
Capital: Ranchi Bokaro TPS
Andhra Pradesh Sri Venkateswara National Coringa WLS Simhadri Super Thermal
Park Kolleru WLS Power Plant
CM: N. Chandrababu Naidu Nellapattu WLS Sri Damodaram
Governor: E.S.L Narasimhan Pulicat Lake WLS Sanjeevaiah Thermal
Capital: Amravathi Rajiv Gandhi Power Station
[*Hyderabad initially] (Nagarjuna Sagar-
Srisailam) WLS
Rollapadu WLS
Telangana Mrugavani National Kawal WLS
CM: K. Chandrashekar Rao Park
Governor: E. S. L.
Narasimhan
Capital: Hyderabad
Assam Dibru-Saikhowa NP Amchang WLS Bongaigaon Thermal
Kaziranga National Park Chakrashila WLS Power Plant
CM: Sarbananda Sonowal Manas National Park Dihing Patkai WLS
Governor: Jagdish Mukhi Nameri National Park East Karbi Anglong
Capital: Dispur Rajiv Gandhi Orang WLS
National Park North Karbi Anglong
WLS
Nambor WLS
Goa Bhagwan Mahavir (Mollem) Bondla WLS -
National Park Madei WLS
CM: Manohar Parrikar Bhagwan Mahavir
Governor: Mridula Sinha (Mollem) WLS
Capital: Panaji Netravali WLS
Gujarat Blackbuck National Park, Jambugodha WLS Mundra Thermal Power
Velavadar Jessore WLS Station
CM: Vijay Rupani Gir Forest National Park Kutch Desert WLS Ukai Thermal Power
Governor: O.P.Kohli Marine National Park, Gulf Mitiyala WLS Station
Capital: Gandhinagar of Kutch Porbandar Lake WLS Akrimota Thermal
Bansda National Park Rampara Vidi WLS Power Station
Ratanmahal WLS Kakrapar Nuclear
Shoolpaneswar Power Plant
(Dhumkhal) WLS
Thol Lake WLS
Wild Ass WLS
Karnataka Bandipur National Park Arabithittu WLS Raichur Thermal Power
Bannerghatta National Park Attiveri WLS Station
CM: Siddaramaiah Bhadra WLS Udupi Thermal Power
Governor: Vajubhai R. Vala Kudremukh National Park Bhimgad WLS Plant
Capital: Bangalore Nagarhole National Park Brahmagiri WLS Bellary Thermal Power
Anshi national park Cauvery WLS Station
Nugu WLS
Pushpagiri WLS
Ranganathittu Bird
WLS
Sharavathi Valley WLS
Someshwara WLS
Kerala Eravikulam National Park Aralam WLS Brahmapuram Power
Chimmony WLS Station

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Mathikettan Shola National Idukki WLS Kayamkulam Power
CM: Pinarayi Vijayan Park Malabar WLS Station
Governor: P. Sathashivam Periyar National Park Mangalavanam Bird
Capital: Trivandampuram Silent Valley National Park WLS
Anamudi Shola National Neyyar WLS
Park Periyar WLS
Pampadum Shola NP Thattekad Bird WLS
MP Kanha National Park Bori WLS Vindhyachal Super
Madhav National Park Gandhi Sagar WLS Thermal Power Station
Mandla Plant Fossils Ghatigaon WLS Sant Singaji Thermal
CM: Shivraj Singh Chouhan National Park Ken Gharial WLS Power Plant
Governor: O P Kohli Panna National Park Narsighgarh WLS Satpura Thermal Power
(Additional Charge) Pench National Park National Chambal WLS Station
Capital: Bhopal Sanjay National Park Orcha WLS Amarkantak TPS
Satpura National Park Kuno WLS Sasan Ultra Mega Power
Van Vihar National park Sardarpur WLS Project
Son Gharial WLS
Maharashtra Chandoli National Park Aner Dam WLS Tarapur Atomic Power
Navegaon National Park Bhamragarh WLS Station
Tadoba National Park Bhimashankar WLS Tirora Thermal Power
CM: Devendra Fadnavis Gugamal national park Great Indian Bustard Station
Governor: C. Vidyasagar Rao WLS Amravati Thermal
Capital: Mumbai Jaikwadi WLS Power Plant
Koyana WLS
Nagzira WLS
Painganga WLS
Radhanagari WLS
Sagareshwar WLS
Tipeshwar WLS
Tungareshwar WLS
Manipur Keibul Lamjao Yangoupokpi- -
CM: N Biren Singh National Park Lokchao WLS
Governor: Najma A Heptulla
Capital: Imphal
Meghalaya Balphakram National Park Baghmara Pitcher Plant -
CM: Mukul Sangma Nokrek National Park WLS
Governor: Ganga Prasad Nongkhyllem WLS
Capital: Shillong Siju WLS
Mizoram Murlen National Park Dampa WLS (TR) -
CM: Lal Thanhawla Phawngpui Blue National Ngengpui WLS
Governor: Nirbhaya Sharma Park Pualreng WLS
Capital: Aizawl Mountain National Park Tokalo WLS
Nagaland Intanki National Park Fakim WLS Dikhu Hydro Electric
CM: T.R. Zeliang Puliebadze WLS Power Plant
Governor: P.B.Acharya Rangapahar WLS
Capital: Kohima
Odisha Bhitarkanika National Park Badrama WLS Talcher Super Thermal
Simlipal National Park Baisipalli WLS Power Station
CM: Naveen Patnaik Chilika (Nalaban) WLS
Governor: S.C. Jamir Hadgarh WLS
Capital: Bhubaneshawer Khalasuni WLS
Satkosia Gorge WLS
Rajasthan Sariska National Park Bundh Baratha WLS Chhabra Thermal Power
Ranthambore National Park Darrah WLS Station
CM: Vasundhara Raje Darrah National Park Jawahar Sagar WLS Suratgarh Power Station
Governor: Kalyan Singh Desert National Park Kailadevi WLS
Capital: Jaipur Mount Abu WLS

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Keoladeo National Park Ramsagar WLS
Sariska WLS
Sawai Man Singh WLS
Shergarh WLS
Sitamata WLS
Sikkim Khangchendzonga National Fambong Lho WLS Rangit Hydro Electric
CM: Pawan Kumar Chamling Park Kitam WLS (Bird) Power Prject
Governor: Srinivas Patel Maenam WLS
Capital: Gangtok Pangolakha WLS
Tamil Nadu Mudumalai National Park Indira Gandhi Kudankulam Nuclear
CM: Edapaddi Palaniswami (Annamalai) WLS Power Plant
Governor: Banwaril Lal Mukurthi National Park Kalakad WLS Neyveli Thermal
Purohit Indira Gandhi (Annamalai) Karaivetti WLS Tuticorin Thermal
Capital: Chennai National Park Karikili WLS Power Station
Guindy National Park Mudumalai WLS
Gulf of Mannar Marine Pulicat Lake WLS
National Park Vaduvoor WLS
Vedanthangal WLS
Vettangudi WLS
Tripura Bison( Rajbari ) National Gumti WLS Palatana Thermal Power
CM: Manik Sarkar Park Rowa WLS Plant
Governor: Tathagata Roy Clouded Leopard National Sepahijala WLS
Capital: Agartala Park Trishna WLS
UK Gangotri National Park Askot Musk Deer WLS Chibro Power Plant
CM: Trivendra Singh Rawat Jim Corbett National Park Binsar WLS Khodri Power Plant
Governor: K.K. Paul Valley of Flowers National Govind Pashu Vihar Chilla Power Plant
Capital: Dehradun Park WLS
Kedarnath WLS
Sonanadi WLS
WB Buxa National Park Ballavpur WLS Mejia Thermal Power
Neora Valley NationalPark Chintamani Kar Bird Station
Singalila National Park Sanctuary Farakka Super Thermal
CM: Mamata Banerjee Sundarbans National Park Haliday Island WLS Power Station
Governor: Keshari Nath Lothian Island WLS Kolaghat Thermal Power
Tripathi Mahananda WLS Station
Capital: Kolkata Bakreshwar Thermal
Power Station
Durgapur Steel Thermal
Power Station
Arunachal Pradesh Namdapha National Park
CM: Pema Khandu Mouling National Park
Governor: BD Mishra

OBITUARIES (NATIONAL/INTERNATIONAL)
Person Died Profession/Famous In?
Politician (National-International)
1. Kirti Nidhi Bista Former PM of Nepal
2. Purushottam Lal Kaushik Former Union minister & socialist leader
3. Jomde Kena Arunachal Pradesh Health & Family Welfare Minister
Singer/Musician (National-International)
4. Johnny Hallyday France's biggest rock star
5. Jagdish Mohan Renowned Hindustani vocalist of Kirana Gharana
6. Girija Devi Eminent classical singer & Padma Vibhushan awardee. Also known as
"Queen of Thumri" & fondly called Appa Ji.
Actor/Director/Producer (National-International)

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7. Shashi Kapoor Veteran actor
8. I V Sasi Veteran Malayalam director
9. Roy Dotrice Veteran British actor, died in London.
10. Kundan Shah Veteran director
11. Frank Vincent Acotr who played tough guys & mobsters in "The Sopranos"
12. Shakila Yesteryear Bollywood actor
13. Tom Alter Veteran film, television & theatre actor & Padma Shri
Author/Journalist/Activist/Painter (National-International)
14. Manu Sharma Noted author & Padma Shri awardee
15. Kunwar Narayan Eminent Hindi poet & Jnanpith awardee
16. Punathil Kunjabdulla Renowned Malayalam writer
17. Satish Chandra Veteran & one of India’s eminent historian
18. John Ashbery Pulitzer-prize winning poet
Sportsmen/Sportswomen (National-International)
19. Shamsher Khan India's first Olympic swimmer
20. Jake LaMotta Former boxing champion
A G Milkha Singh Former Test cricketer
Daniel Hegarty British Motorcycle Racer
Naim Suleymanoglu Turkish weightlifter
Others (National-International)
21. Violet Mosse-Brown (Jamaica) The world's oldest person has died at the age of 117.
22. Arjan Singh The sole Marshal of the Indian Air Force
23. Dr. KS Chugh “Father of nephrology in India”
24. Liliane Bettencourt Heir to French L’Oreal hairspray empire & world’s wealthiest woman
25. Eman Ahmed World’s heaviest woman
26. Hugh Hefner Playboy magazine
27. Dina Wadia Only child of Pakistan’s Muhammad Ali Jinnah

LIST/INDEXES ANNOUNCED RECENTLY


Name of the Index/List Rank of India Topped By?
1. Fortune’s ‘Businessperson of the Year’ Aditya Puri, MD of HDFC Bank Topped by Nvidia’s Mr.
2017 ranked at 18th Jensen Huang
2. Foreign Policy magazine's 2017 list of '50 Indian-American senator
Leading Global Thinkers' Kamala Harris
3. Time magazine readers’ Person of the Year Saudi Arabia Crown Prince
Mohammed bin Salman
4. IMD World Talent Ranking India Ranked 51 Switzerland topped the list
5. Global University Employability Ranking Indian Institute of Science (IISc) IIT Delhi ranked 145th & IIT
2017 by Times Higher Education ranked 29th in 150 Universities Bombay ranked 148th.
6. Forbes Highest-paid woman in Music in American singer Beyonce topped the List.
2017 Adele came second & Taylor Swift ranked third.
7. Grant Thornton's International Business India ranked 7th in the Sept. Indonesia is at the top
Report 'Business Optimism' Index Quarter
8. As per Euromonitor International, Hong Kong remains the world's most visited city by international travelers.
The Top 3 Countries in the list are- 1. Hong Kong. 2. Bangkok. 3. London.
9. As per the report by Central Pollution Holy city Varanasi is most It is followed by Gurugram &
Control Board (CPCB) among the 42 cities polluted Delhi.
10. World Bank’s ‘Doing Business 2018 — India ranked at 100 New Zealand topped the list.
Reforming to Create Jobs’ (Ease of Doing Business rankings)
11. As per the Global Climate Risk Index (CRI) 2018 by Germanwatch, India is the 6 th most vulnerable country in
the world in terms of facing extreme weather events. The list is topped by Haiti followed by Zimbabwe & Fiji.

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12. India’s Ambani family topped the Forbes list of Asia’s Richest Families for 1st time with net worth $44.8 billion.
13. Binge watching in public is the new trend in India, & Indians are the second-highest public bingers in the world
behind Mexico, according to a survey released by online streaming platform Netflix.
14. As pet the report of IMF, Qatar named the world's richest country. The per capita GDP of Qatar is over Rs. 81
lakhs. Macao ranked at second & Luxembourg at third.
As per the report India's GDP per capita was $7,170 (Rs 4.66 lakh) in 2017 & ranked at 126.
15. Forbes list of top-earning dead celebrities Michael Jackson topped Golf legend Arnold Palmer at 2nd &
(for the 5 straight year)
th Peanuts creator Charles Schulz at 3rd.
16. Gender Vulnerability Index (GVI) by Goa is safest for girls. Bihar least-safest for girls.
NGO Plan India
17. World Economic Forum’s Global Gender India ranked at 108 Topped by Iceland
Gap index
18. Five Indian women featured on the list of the World’s 100 most powerful women compiled by Forbes.
Topped by German Chancellor Angela Merkel, the list ranked Chanda Kochhar (32); Roshni Malhotra (57), Ed
& CEO of HCL Enterprise; Kiran Mazumdar-Shaw (64), CMD of Biocon; Shobhana Bhartia (92), Chairperson &
Editorial Director, HT Media Ltd & Bollywood actress Priyanka Chopra at 97.
19. 64 cities from 44 countries designated as UNESCO Creative Cities by Director-General, Irina Bokova.
Chennai is the third Indian city on the list of UNESCO Creative Cities list after Jaipur & Varanasi.
20. India's Silicon Valley - 'Bengaluru' - is the best host among 45 cities worldwide, as per Economic Intelligence
Unit (EIU). San Francisco came in second followed by two other Indian cities, Mumbai & New Delhi.
21. Jaipur & Srinagar Airport got First & Second rank in category of 2-5 million passengers in ACI-ASQ Survey.
22. The 2017 State of World Population report launched in London, entitled as “Worlds Apart: Reproductive Health
& Rights in an Age of Inequality.” As of 2017, half of 1.6 billion women of reproductive age living in
developing regions want to avoid a pregnancy. Globally, women earn 77% of what men get.
23. Madhya Pradesh emerged as the top state in terms of digital initiatives undertaken followed by Maharashtra &
Andhra Pradeshas per the report by Coeus Age Consulting.
24. Forbes List of 10 most valuable athletes in Virat Kohli ranked 7th spot The list is topped by Roger
2017 Federer.
25. Passport Index by Arton Capital India secured the 75th rank Singapore's passport on Top.
Afghanistan on bottom (94th)
26. 2017 Global Hunger Index (GHI) by India Ranked 100 Central African Republic
International Food Policy Research ranked 119 on the list.
Institute (IFPRI) “Extremely Alarming”
27. Govt. at a Glance 2017 published by Indian govt. under PM Modi Topped by Switzerland
OECD ranked as 3rd most trusted govt.
28. As per the Credit Suisse Research Institute's (CSRI) latest "CS Family 1000" report, India has 108 publicly-listed
family-owned businesses, third highest in the world. China topped the list followed by the US.
29. Indian origin campaigner Gina Miller named UK’s most influential black person of the year. He ranked first in
2018 'Powerlist' of 100 people of African & African Caribbean inheritance published by Powerful Media.
30. Travel guide company Lonely Planet ranked Chile as the number one country to visit in 2018 in its Best in
Travel 2018 list. The top 5 Countries in the list are: Chile, South Korea, Portugal, Djibouti & New Zealand.
31. As per Forbes magazine, Jeff Bezos surpassed Bill Gates as the richest person in the world.
32. As per report by UN Women & the UN Development Programme (UNDP), Latin America & the Caribbean is the
most violent region in the world for women.
33. With 13.7% contribution to global pharmaceuticals & biotechnology workforce, India emerged as the second
largest market for the industry, as per LinkedIn.
34. The Economist Intelligence Unit's Safe Delhi & Mumbai ranked 43rd & Japanese capital city Tokyo
Cities Index 2017 45th topped
35. Climate Change Performance Index 2018 India ranked 14th Sweden topped the List.
36. Donald Trump is now the world’s most followed leader on Twitter, while Narendra Modi is the third,
according to the latest report by Twiplomacy.

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37. As per "Authentic Brands Study" by Cohn & Wolfe, Indian consumers regard Google as the most authentic
brand. Amazon.com tops the list globally.
38. With 2.51 million deaths in 2015, India ranked No. 1 in pollution-related deaths, as per The Lancet
Commission on pollution & health. China recorded the second highest number of such deaths.
39. As per the Forbes Magazine, India Rich List for 2017 Reliance Industries Limited chairman Mukesh Ambani
topping the charts for the 10th consecutive year. He is followed by tech czar Azim Premji.
Note: The combined net worth of the 100 richest Indians stood at $479 billion.
40. 2 Indian women featured on Fortune's list of Most Powerful Women in business outside the US.
MD & CEO of ICICI Bank Chanda Kochhar ranked fifth & MD & CEO of Axis Bank Shikha Sharma
ranked at 21. Group Executive Chairman of Spain's Banco Santander Ana Botín topped.
41. J&K & Arunachal Pradesh were fastest expanding State economies in 2015-16, as per the new series of gross
State domestic product data with 2011-12 as the base year published by CSO. Arunachal Pradesh’s gross SDP
expanded 16.5% & Jammu & Kashmir 14.7% at constant 2011-12 prices.
42. India's Council of Scientific & Industrial Research (CSIR) ranked 9th in the world, as per Scimago Institutions
ranking World Report 2017. The report was topped by Chinese Academy of Sciences.
43. London retained its crown as the world’s top financial center.
44. World Economic Forum's Global Human Capital Index India Ranked at 103 Topped by Norway
45. World Economic Forum Global India ranked at 40 Switzerland topped the List.
Competitiveness Ranking 2017
46. India has replaced China as the top retail destination in 2017 as part of the global retail development index.
47. As per the World Nuclear Industry Status Report 2017, India is third in the world in the number of nuclear
reactors being installed while China leads the report.
48. India ranked at 14th in terms of best country for expats to live & work in, as per HSBC survey.
The list topped by Singapore.
49. 3 Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal & Vinod Khosla included in Forbes’s special list
of the world’s ‘100 Greatest Living Business Minds.

Static Takeaways: Index/Reports released by different Organisations


Report title Organisation
Asian Development Outlook ADB (Asian Development bank)
Global Money Laundering Report FATF (Financial Action Task Force)
Nuclear Technology Review IAEA (International Atomic Energy Agency)
Ease of Doing Business IBRD (World Bank)
World Development Report IBRD (World Bank)
Safety Reports ICAO (International Civil Aviation Organization)
Global Hunger Index report IFPRI (International Food Policy Research Institute)
World Employment & Social Outlook ILO (International Labour Organization)
World of Work Report ILO (International Labour Organization)
World Economic Outlook IMF (International Monetary Fund)
Global Innovation Index Cornell University INSEAD & the World Intellectual Property Organization (WIPO)
World Energy Outlook (WEO) International Energy Agency
World Oil Outlook OPEC (Organization of the Petroleum Exporting Countries )
World Happiness Report Sustainable Development Solutions Network (SDSN)
Global Corruption Report (GCR) Transparency International
Levels & Trends in Child Mortality Report UN Inter-agency Group
World Investment Report UNCTAD (United Nations Conference on Trade & Development)
Actions on Air Quality UNEP (United Nations Environment Programme )
Global Environment Outlook UNEP (United Nations Environment Programme )
Global education monitoring Report UNESCO (United Nations Educational, Scientific & Cultural Organization)
World Cities Report UN-Habitat
The Global Report UNHCR (United Nations High Commissioner for Refugees )
Report on Regular Resources UNICEF (United Nations Children’s Emergency Fund )
Industrial Development Report UNIDO (United Nations Industrial Development Organization)
World Drug Report UNODC (United Nations Office on Drugs & Crime)

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Global Information Technology Report WEF (World Economic Forum)
Travel & Tourism Competitiveness Report WEF (World Economic Forum)
Global Competitiveness Report (GCR) WEF (World Economic Forum)
World Intellectual Property Report (WIPR) WIPO (World Intellectual Property Organization)

IMPORTANT DAYS OBSERVED RECENTLY


Date Day Theme
1st December World AIDS day 'Right to health'
1st December BSF Raising Day
3rd December International Day of Disabled Persons “Transformation towards sustainable & resilient
society for all”
4th December Indian Navy Day
5th December World Soil Day ‘Caring for the Planet starts from the Ground’
7th December Armed Forces Flag Day (To honor the martyrs & the men in uniform who valiantly fought on
our borders to safeguard the country's honor)
20th November United Nations Universal Children's Day Theme of UCD 2017 is 'Kids Take Over'
21st November World Fisheries Day Theme is “2022 Ka Hai Sapna … Kisan Ki Aay Ho
Dugna - Sankalp Se Siddhi”
26th November Constitution Day
14 November World Diabetes Day (WDD) 'Women & diabetes - Our right to a healthy future'
16 November
th National Press Day To commemorate establishment of Press Council
of India.
19th November National Integration Day. It is observed to foster & reinforce the spirit of
communal harmony & national Integration
19 November World Toilet Day Wastewater
5th November World Tsunami Awareness Day 'Reduce the Number of Affected People'.
31 October Rashtriya Ekta Diwas (National UnityDay) Birth anniversary of Sardar Vallabhbhai Patel
24 October
th United Nations Day 72nd anniversary of the UN Charter
27th October World Day for Audiovisual Heritage "Discover, remember & share"
13 October
th International Day for Disaster Reduction ‘Home Safe Home: Reducing Exposure, Reducing
Displacement’.
17th October International Day for the Eradication of ‘Answering the Call of October 17 to end poverty:
Poverty (IDEP) A path toward peaceful & inclusive societies’.
17th October 2nd Ayurveda Day in New Delhi
Note: PM Modi was the Chief Guest & inaugurated country's first All India Institute of Ayurveda
16th October World Food Day "Change the future of migration. Invest in food
security & rural development"
20th October World Statistics Day
15th October International Day of Rural Women “Challenges & opportunities in climate-resilient
agriculture for gender equality & the
empowerment of rural women & girls"
21st October National Police Commemoration Day
2 October
nd International Day of Non-Violence Marked the birthday of Mahatma Gandhi
1st October International Day of Older “Stepping into the Future: Tapping the Talents,
Persons Contributions & Participation of Older Persons in Society.”
8th October Indian Air Force (IAF) 85th anniversary
5th October World Teachers’ Day “Teaching in Freedom, Empowering Teachers”
World Space Week organized from 4 to 10 October with the theme ‘Exploring New Worlds In Space’.
1st to 7th National Nutrition Week "Optimal Infant & Young Child Feeding
September Practices: Better Child Health"
8 September
th 51st International Literacy Day Literacy in a digital world

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14th September Hindi Diwas
15 September The International Day of Democracy ‘Democracy & Conflict prevention’
16 September International Day for the Preservation of 'Caring for all life under the sun'
the Ozone Layer
27th September World Tourism Day 'Sustainable Tourism – a Tool for Development'
28 September International Day for Universal Access to “Overcoming Divides & Achieving the SDGs in
Information (IDUAI) Africa”
28th September World Rabies Day 'Rabies: Zero by 30'
28 September World Maritime Day ‘Connecting Ships, Ports & People’

BOOKS & AUTHORS


Former President Pranab Mukherjee released the third part of his memoir ‘The Coalition Years: 1996-2012’, speaking
candidly about believing he could have been the Congress choice for the PM’s post.
Rajasthan CM V. Raje launched e-book titled 'India 2017 Yearbook', compiled by present CAG Rajiv Mehrishi.
"Dreamnation: Uniting a Country with Handwritten Dreams" Co-authored by Saji Mathew & Jubie John
'Bollywood: The Films! The Songs! The Stars!' S.M.M. Ausaja, Karan Bali, Rajesh Devraj &
Tanul Thakur
Former President Pranab Mukherjee released the third part of his memoir ‘The Coalition Years: 1996-2012’
‘Journey of Women Law Reforms & The Law Commission of India – Dr. Pavan Sharma.
Some Insights’
'India 2017 Yearbook' Compiled by present CAG Rajiv Mehrishi
Dreamnation: Uniting a Country with Handwritten Dreams" Saji Mathew & Jubie John.
Hema Malini's biography 'Hema Malini: Beyond the Dream Girl' Ram Kamal Mukherjee
What Happened Hillary Clinton
Democracy’s XI: The Great Indian Cricket Story Rajdeep Sardesai
Smritichitre Lakshmibai Tilak
The Crisis Within: On Knowledge & Education in India G.N. Devy
Political Violence in Ancient India Upinder Singh
A Life of My Own Claire Tomalin
'Unstoppable: My Life So Far' Maria Sharapova
“How India Sees the World: Kautilya to the 21st Century” Shyam Saran
Biography of Capt. Vikram Batra "The Shershah of Kargil" Deepak Surana
"Future of Indian Universities: Comparative & International Compiled by Professor (Dr.) C. Raj Kumar.
Perspectives"
PM Modi released a photo book titled "President Pranab Mukherjee - A Statesman"
Cryptocurrency for Beginners Amit Bhardwaj
Book on PM Modi’s Life named “Making of A Legend”: Compiled by Bindeshwar Pathak
Dalhousie...Through My Eyes Kiran Chadha
President’s Lady” (Pranaber Preyosi) on Pranab Mukherjee’s Wife Sangeeta Ghosh
Late Smt. Suvra Mukherjee
Playing with Fire Katie Price
The Trees of Medley Gardens (Red Turtle) Ranjit Lal
Watercolours: A Story from Auschwitz Lidia Ostalowska
Touched by God: How We Won the Mexico ’86 World Cup Diego Armando Maradona with Daniel
Arcucci
The People Next Door: The Curious History of India’s Relations with Pakistan T.C.A. Raghavan
From Chanakya to Modi: The Evolution of India’s Foreign Policy Aparna Pande
A Bonsai Tree: An Autobiography Narendra Luther

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Turtles All the Way Down John Green
Partition: The Story of Indian Independence & the Creation of Barney White-Spunner
Pakistan in 1947
Balanced Constitutionalism: Courts & Legislatures in India & UK Chintan Chandrachud
The Empress: The Dramatic Life of A Powerful & Enigmatic Leader Kalyani Shanka
The War is in the Mountains Judith Matloff
Demonetisation Decoded: A Critique of India’s Currency Jayati Ghosh, C.P. Chandrasekhar & Prabhat
Experiment Patnaik
Behind Bars: Prison Tales of India’s Most Famous Sunetra Choudhury
Kandhamal: Introspection of Initiative for Justice 2007-2015 Vrinda Grover & Saumya Uma
Dialogue of the Deaf T. C. A. Srinivasa-Raghavan
The Decline of Civilization Ramin Jahanbegloo

DEFENCE CURRENT AFFAIRS


in Chandipur in Odisha. It is Named SAAW (Smart
Indian Defence Forces Anti Airfield Weapon).
Conference of all Commanders of Eastern Air Indian Army launched an independent & fully-
Command held at Shillong in Meghalaya. integrated Joint Training Node (JTN) at Umroi
Shubhangi Swaroop has been inducted as a pilot in the cantonment in Shillong, Meghalaya. It will pave a way
Indian Navy for the first time. She is from Uttar Pradesh for projecting the states of Meghalaya & Assam on the
& will soon be flying Maritime Reconnaissance aircraft. world map of foreign armies.
Three other women cadets, Astha Segal from New India conducted a flight test of its indigenously designed
Delhi, Roopa A from Puducherry & Sakthi Maya S from & developed long-range sub-sonic cruise missile
Kerala, created history by becoming the country’s first ‘Nirbhay’. It can carry warheads of up to 300 kg from a
women officers at the Naval Armament Inspectorate. test range at Chandipur along the Odisha coast.
Defence Minister Sitharaman elected as President of Defence Minister Nirmala Sitharaman commissioned an
the Institute for Defence Studies & Analysis (IDSA). indigenously-built anti-submarine warfare stealth
Indian Air Force launched an innovative health mobile corvette INS Kiltan into the Indian Navy at the Naval
App named `MedWatch' on the occasion of its 85th Dockyard in Visakhapatnam.
anniversary. It was launched by Air Chief Marshal BS India's indigenously developed third generation anti-
Dhanoa during the Air Force Commanders' Conference tank guided missile (ATGM) Nag successfully flight
in New Delhi. tested by DRDO in deserts of Rajasthan, marking the
Defence Minister Nirmala Sitharaman flagged off the completion of development trials.
Navika Sagar Parikrama by an all-women crew of Indian Final development trials of indigenous beyond visual
Navy aboard Indian Naval Sailing Vessel (INSV) Tarini range air-to-air missile Astra successfully concluded
from INS Mandovi jetty in Goa. Navika Sagar Parikrama into the Indian Air Force.
is the first attempt by an Indian all-women crew to An indigenous artillery gun, Advanced Towed Artillery
circumnavigate the globe. Gun System (ATAGS), being developed by DRDO has
Indian Navy will use the advanced catapult-based set a new world record in range by hitting targets at a
aircraft launch mechanism (CATOBAR) of U.S. for its distance of 48 km. ATAGS is a 155mm, 52 calibers towed
second Indigenous Aircraft Carrier (IAC-II). artillery gun.
The first of the Scorpene class submarines, INS Kalvari,
INS | Missile| Device Inducted/ Decommissioned was delivered to the Indian Navy by Mazagon Dock
Surface to Air Missile AKASH with indigenous radio Shipbuilders Limited (MDL).
frequency seeker against target Banshee has been INS Tarasa, a Water Jet Fast Attack Craft intended for
successfully launched from the Launch Complex-III at extended coastal & offshore surveillance & patrolling,
ITR Chandipur, Odisha. was commissioned into the Indian Navy. The vessel has
Brahmos, the world’s fastest supersonic cruise missile been built in Kolkata.
created history as it was successfully flight-tested first
time from the Indian Air Force’s (IAF) frontline fighter International Defence Forces
aircraft Sukhoi-30MKI. South Korea & USA launched their largest-ever joint
Indian Air Force, along with DRDO successfully tested aerial drills called Vigilant Ace.
an indigenously developed lightweight ‘Glide’ bomb

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UAE Armed Forces along with the UK, US & French Meghalaya & Mizoram. This is the 7th edition of the
armies are participating in joint exercises in Abu Dhabi. joint training exercise.
The drill code is named as “Flag4”. Indian Navy Ship Sukanya under the command of
Russia launched world's largest nuclear-powered Commander SA Deodhar arrived at Belawan Indonesia
icebreaker ship in a bid to expand its strategic presence to participate in the 30th CORPAT (Coordinated Patrol)
in the resource-rich, terrain of the Arctic. The massive & 3rd Bilateral exercise between the Indian Navy & the
vessel, named Sibir (Siberia). Indonesian Navy.
US Army & the Israel Defense Forces (IDF) inaugurated Navies of India & Japan began anti-submarine warfare
a permanent base In Israel. This is the first time that a exercise in the Indian Ocean region to deepen their
permanent American base has been opened in the operational coordination in the strategically important
Middle Eastern country. sea lanes around the two countries.
The fifth India-Sri Lanka Joint Training Exercise (JTE)
MITRA SHAKTI 2017 held conducted at Aundh
Military Station, Pune.
The first-ever Tri Services Joint Exercise between
Indian & Russian Armed Forces, INDRA-2017 held
near Vladivostok in Russia. Two indigenously built
Indian Naval ships INS Satpura & INS Kadmatt reached
Vladivostok Port & were given a traditional ceremonial
welcome. Indian contingent for the Exercise is led by the
Task Force Commander Major General ND Prasad.
12th India-Nepal joint military exercise- Surya Kiran
XII heldin Saljhandi, Nepal.
Defence Exercises/Operations Conducted A joint military training, Exercise Yudh Abhyas-2017
Defence of Andaman & Nicobar Islands Exercise conducted at Washington, USA between India & USA.
(DANX) was conducted under the aegis of Andaman & Indian Navy & Sri Lankan Navy conducted the 2017 Sri
Nicobar Command. Lanka-India Exercise (SLINEX) at Visakhapatnam,
International Multilateral Maritime Search & Rescue Andhra Pradesh.
Exercise 2017 (IMMSAREX 2017) held in Cox Bazar, The air forces of China & Pakistan conducted joint
Bangladesh. Admiral Sunil Lanba, Chief of the Naval training exercise named "Shaheen VI" & deployed their
Staff of Indian Navy, is attending the exercise. latest fighter jets & AWACS aircraft.
Joint Indo-Russia Tri-Services Exercise INDRA-2017 US & UAE's ground forces conducted a joint military
successfully conducted at Vladivostok in Russia. The exercise in Abu Dhabi, as part of efforts to consolidate
theme was ‘Preparation & Conduct of Operations by a their bilateral relations & exchange training & military
Joint Force for Suppression of International Terror expertise. Code-named Iron Union 5, the drill is an
Activity at the request of a host country under UN extension of a series of Iron Claw exercises.
mandate’. The joint exercise DRUZBA 2017 between special forces
45-member contingent of Indian Air Force left for Israel of Pakistan & Russia Armies conducted in Minralney
to participate in exercise ‘Blue Flag-17’. Blue Flag is a bi- Vody, Russia.
annual multilateral exercise which aims to strengthen
military cooperation amongst participating nations. Defence Agreements Signed/Defence Summits Held
14-day joint training exercise “PRABAL DOSTYK – Ministry of Defence (MoD) decided to cancel the $500
2017” between the Indian Army & the Kazakhstan million deal for Spike ATGM with Israel. MoD has
Army held at Bakloh, Himachal Pradesh. The training asked DRDO to indigenously develop & produce a Man-
contingents comprise of platoon strength from the 11th Portable Anti-Tank Guided Missile (MPATGM) for the
Gorkha Rifles of the Indian Army & a similar strength of Army.
the Kazakhstan Army. Indian Navy Ship Sukanya under the command of
The joint coastal security exercise between Odisha & Commander SA Deodhar arrived at Belawan Indonesia
West Bengal named as ‘Sagar Kavach’ to be held along to participate in the 30th CORPAT (Coordinated Patrol)
the 630-km long coastline. & 3rd Bilateral exercise between the Indian Navy & the
“Vigilant Ace”, the joint drill between the air forces of Indonesian Navy.
South Korea & USA will be conducted in December 2017. Navies of India & Japan began anti-submarine warfare
Army personnel of India & Bangladesh are going to exercise in the Indian Ocean region to deepen their
take part in a joint training exercise 'Sampriti-7' in operational coordination in the strategically important
sea lanes around the two countries.

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The fifth India-Sri Lanka Joint Training Exercise (JTE) Defence minister Nirmala Sitharaman & French Minister
MITRA SHAKTI 2017 held conducted at Aundh for the Armed Forces, Ms. Florence Parly discussed a
Military Station, Pune. The exercise is based on Counter range of measures to expand military to military ties. The
Terrorist Operations & an Infantry company from both joint Naval exercise named the VARUNA is scheduled
the countries is participating in the same. in early 2018 between the two countries.
The first-ever Tri Services Joint Exercise between Turkey signed a deal with Russia to buy S-400 missile
Indian & Russian Armed Forces, INDRA-2017 held defence systems in its first major weapons purchase
near Vladivostok in Russia. Two indigenously built from Moscow, according to the President of Turkey
Indian Naval ships INS Satpura & INS Kadmatt reached Recep Tayyip Erdogan.
Vladivostok Port & were given a traditional ceremonial Saudi Arabia & Britain signed a framework deal for
welcome. military cooperation. The agreement came after Saudi
India & France agreed to strengthen bilateral defence Crown Prince Mohammed bin Salman discussed security
cooperation as a key Pillar of strategic partnership ties with visiting British Defence Secretary Michael
between the two countries. Fallon in the Red Sea port city of Jeddah.

SPORTS CURRENT AFFAIRS


Indian pacer Ashish Nehra has confirmed his
Cricket {National Game of: Australia, Bermuda, England, retirement from International Cricket.
Jamaica No. of Players: 11 International Cricket Council Board given an in-
Important Terms associated: Arm ball, Beamer, Bottom principle nod to the proposed nine-team Test
hand, Bouncer, Cameo, Carrom ball, Chinaman, Flick, Free Championship & a 13-team One-Day International
hit, Glance, Googly, Hat-trick, Hit wicket, Leg bye, Nelson, league at the end of the meeting in Auckland. The Test
Night watchman, Pinch hitter, Sweep, Upper Cut.} competition will begin after the 2019 World Cup & the
Virat Kohli surpasses Brian Lara for Most Double 50-over event sometime in 2020.
Centuries as Captain by scoring his 6th Double Century Premier all-rounder Shakib Al Hasan became the first
in Delhi. cricketer from Bangladesh to be inducted in the MCC
Mumbai's 18-year-old batsman Prithvi Shaw named World Cricket Committee under the chairmanship of
the captain of the Indian Under-19 team for the 2018 U- Mike Gatting.
19 World Cup to be held in New Zealand. Australian fast bowler John Hastings has called it
Indian cricketer Yuvraj Singh will be promoting a quits from Test Match & ODIs, citing recurring injuries
UNICEF sports initiative for youngsters in South Asia. as the reason.
He launched the "Power of Sports to Shape the Future Star India edged out Sony Pictures to secure the Indian
of Adolescents" campaign in South Asia. Premier League's media rights with a bid of Rs 16,347.50
Mujeeb Zadran From Afghanistan Becomes First crores for a five-year period from 2018-2022.
Cricketer to Born in 21st Century. 16-year-old off- Former India captain Mahendra Singh Dhoni became
spinner, became the youngest ever from Afghanistan to the first wicketkeeper in world cricket to effect 100
play International cricket. stumpings in ODIs. Dhoni achieved the feat in his 301st
Pakistan off-spinner Saeed Ajmal announced his ODI in Colombo, Sri Lanka.
retirement from all forms of cricket. A penalty of Rs. 52.24 crore was imposed by the
Afghanistan defeated Pakistan to clinch their maiden Competition Commission (CCI) on Board of Control
Under-19 Asia Cup title, in Kuala Lumpur, Malaysia. for Cricket in India (BCCI). It is imposed for anti-
Ikram Ali khil was the man of the match. competitive practices in IPL.
Cricket Association of Puducherry (CAP) chosen by Former Indian cricketer Sachin Tendulkar launched -
the Committee of Administrators (CoA) as an associate Mission 24 for Mumbai's M east ward which is known
member of BCCI. to have one of highest slum population's in the city.
Virat Kohli became the sixth Indian to complete 9000 International Cricket Council (ICC) has launched an
ODI runs. anti-corruption investigation in Sri Lanka.
MS Dhoni inaugurated his 1st global cricket academy in
UAE. Football {National Game of: Brazil, Italy, Germany, Israel,
India captain Mithali Raj moved up one place to Mauritius, Poland No. of Players: 11
occupy the number one spot in the latest ICC ODI Important Terms Associated: Back Pass, Corner Kick, Free
rankings for batswomen. Kick, Dribble, Futsal, Header, Kick off, Banana Kick, Toe
Indian fast bowler Jasprit Bumrah climbed to the Poke, Throw-in, Bicycle Kick}
number one spot in the latest ICC T20 rankings. India
captain Virat Kohli claim the top ranking in ODIs.

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The final draw for the 2018 FIFA World Cup was held FIFA Women's World Cup. The slogan of the
in the Russian capital of Moscow. The ceremony was tournament is "Dare To Shine".
held at the State Kremlin Palace, in Moscow, Russia.
Lionel Messi wins fourth European Golden Shoe Hockey {National Game of: India, Pakistan
Award. No. of Players: 11
Supreme Court appointed former football captain Important Terms Associated: Advancing, Bully, Center
Bhaskar Ganguly as ombudsman as per All India Pass, Dribble, Drive, Flagrant Foul, Flick, Free Hit, Striker,
Football Federation (AIFF). It also appointed S Y Tackle, Undercutting, Dodge, Drag Flick, Grip, Hacking,
Quraishi as the ombudsmen to formulate the AIFF Penalty Corner, Wall Pass}
Constitution. India defeated China 5-4 via shootout to win the
In Football, Italy has failed to qualify for the FIFA women’s Asia Cup hockey title 2017. With this, India
World Cup for the first time since 1958. The four-time also qualified for World Cup 2018 as Continental
champions failed to make the cut after they lost the champion. Savita Punia was adjudged Goalkeeper-of-
World Cup Qualifying European play-off against the-Tournament while Monica won the Woman-of-the-
Sweden, 0-1. Match award. The Championship was held in
Cristiano Ronaldo is the richest sports personality in Kakamigahara, Japan.
the world, according to the latest Forbes' Rich List. Logo & mascot of Hockey World Cup 2018 have been
Real Madrid star Cristiano Ronaldo beaten Lionel unveiled at Kalinga Stadium in Bhubaneswar by Odisha
Messi & Neymar to win the Best FIFA Men's Player CM Naveen Patnaik. Odisha had successfully hosted
award for the second year running. Ronaldo was the Asian Athletics Championships recently.
presented the award at The Best FIFA Football Awards India beats Malaysia to win the 2017 Asia Cup Hockey
ceremony in London, UK. Netherlands' Lieke Martens tournament held in Dhaka, Bangladesh. This was
won The Best FIFA Women's Player award. Real India's third continental title. Lalit Upadhyay won goal
Madrid coach Zinedine Zidane was named the Best of the match award while Akashdeep Singh adjudged
FIFA Men's Coach. the Man of the match.
England scripted a dramatic turnaround in Kolkata to Indian Junior Men’s Hockey team beat hosts Malaysia
win the 2017 FIFA U17 World Cup for the very first in the Bronze medal match of the 7th Sultan of Johor
time after a 5-2 win over European U17 champions Cup 2017 at the Taman Daya Hockey Stadium, in
Spain. Malaysia.
Netherlands captain Arjen Robben announced the end Hockey India sacked national coach Roelant Oltmans
of his international career after his country failed to after a string of unimpressive outings at the
reach the 2018 World Cup finals despite a 2-0 win over international level. High Performance Director David
Sweden. John will be in charge till a suitable replacement is
Indian football team has qualified for the 2019 Asian found.
Cup after they had a convincing 4-1 win over Macau Women's national hockey coach Sjoerd Marijne was
with two matches still to go in the qualifying round. named chief coach of the men's side. He has replaced
This is the third time the country has qualified for the Roelant Oltmans.
continental showpiece.
Switzerland's Esther Staubli become the first female Current Affairs related to Tennis
referee to officiate a match at the FIFA U-17 World ATP World Tour Awards presented by Moet &
Cup. She was the referee in the match between Japan & Chandon honours the season's best players &
New Caledonia in the final round group E match. tournaments. Roger Federer’s 2017 season recognized
Jackson Singh Thounaojam created history at Delhi’s with three ATP World Tour Awards. He has been
Jawaharlal Nehru Stadium by scoring India’s first goal selected by fans as ATPWorldTour.com Fans’ Favourite
in a FIFA U-17 World Cup during India’s match against for a 15th straight year, & winner of the Stefan Edberg
Colombia. Sportsmanship Award & Comeback Player of the
Maidan heavyweights Mohun Bagan won the 37th All Year. Neville Godwin chosen as the winner of Coach
India Governor's Gold Cup football tournament for the of the Year in the 2017 ATP World Tour Awards. Bob
10th time by defeating Partha Chakra. Bryan & Mike Bryan have been voted by fans as the
The official emblem & slogan for FIFA Women's World ATPWorldTour.com Fans’ Favourite.
Cup France 2019 unveiled in Paris, France. The emblem Indian tennis duo of Leander Paes & Purav Raja lifted
features the competition trophy wrapped in blue & the Knoxville Challenger title after clinching a fighting
white, with eight shards of light around football at the win in the finals of the men's doubles event in
top of the trophy symbolizing the eighth edition of the Tennessee.

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India's tennis star Yuki Bhambri clinched his first title India's Kidambi Srikanth created history as he became
of the 2017 season on the ATP Challenger Tour by the first Indian player to win four Superseries titles in
winning the KPIT-MSLTA Challenger in Pune. a year after he won the men's singles title at the French
Martina Hingis, one of only six women's players to hold Open.
the No. 1 ranking in both singles & doubles at the same Basel will be jointly hosting the Badminton & Para
time, will retire after the WTA Finals. Badminton World Championships in 2019. It will
Swiss superstar Roger Federer won his eighth Basel become the first city to host this.
title, after defeating Juan Martin del Potro to clinch his Yonex French Open 2017 Badminton tournament was
ATP World Tour-leading seventh title of the year. held in Paris. Indian shuttler Kidambi Srikanth
Maria Sharapova defeated 102nd-ranked teenager became the first Indian to win the men’s singles title.
Aryna Sabalenka to win the 2017 Tianjin Open. He defeated Kento Nishimoto of Japan. Tai Tzu Ying of
Roger Federer has brushed aside world number one Chinese Taipei has won women’s singles title at Yonex
Rafael Nadal to win the Shanghai Masters & register French Open Badminton 2017.
his fourth victory of the year over his Spanish rival. Commonwealth Games bronze medallist Shuttler
Rafael Nadal (Spain) won his sixth title of the year by RMV Gurusaidutt clinched the men's singles title at the
defeating Nick Kyrgios (Aus) at China Open 2017. Bulgarian International Future Series tournament.
2017 US Open was the fourth & final Grand Slam event Gurusaidutt has defeated Muhammed Ali Kurt
of the year. Rafael Nadal was the winner of Men's (Turkey).
Singles. Sloane Stephens was the winner of Women's The coastal city of Kochi hosted the BWF World Senior
Singles. Badminton Championships. The championship held in
France defeated Belgium to win its 10th Davis Cup India for the first time.
(Lawn-Tennis). PV Sindhu becomes the first Indian to win the Korea
Open Superseries with an outstanding win over
Current Affairs related to Grand Prixes Nozomi Okuhara in women's singles final in Seoul.
Valtteri Bottas won the season-ending Abu Dhabi
Grand Prix. Boxing/ Wrestling
Ferrari's Sebastian Vettel won the Brazilian Grand Ritu Phogat clinched silver medal in Under-23 Senior
Prix. World Wrestling Championship at Poland. She lost
Mercedes’ Lewis Hamilton won the Formula 1 against Turkish Wrestler Demirhan.
Singapore Grand Prix, in Singapore. India won 5 gold medals at the AIBA World Women’s
Badminton Youth Boxing Championships, in Guwahati. Nitu
India has won the first-ever South Asian Regional (48kg), Jyoti Gulia (51kg), Sakshi choudhury (54kg),
Badminton Team Championship. In the title clash Shashi Chopra (57kg) & Ankushita Boro (64kg) won
played in Guwahati, India defeated Nepal, 3-0. gold medals for India in the finals. Jyoti Gulia also
Indian contingent to BWF Para-Badminton World qualified for next year’s Youth Olympic Games in
Championships in Ulsan, South Korea clinched 10 Argentina. Ankushita named boxer of tournament.
medals, including two golds. India’s Parul Parmar Boxing Federation of India (BFI) was recognised as a
defeated Thailand’s Wannaphatdee Kamtam in the national body by the Indian Olympic Association,
women’s singles Standing Lower (SL3). Other gold was which removed the terminated Indian Amateur Boxing
also won by Parul Parmar, who paired with Japan’s Federation (IABF) as its affiliate after months of
Akiko Sugino in women’s doubles. indecision.
World number 11 Saina Nehwal became the national Sushil Kumar & Geeta Phogat won gold medals at the
champion for the third time, defeating world number 2 62nd National Wrestling championship held in Indore.
PV Sindhu in the women's singles final of Senior Bharat Khandare became the first India-born fighter
National Badminton Championships, in Nagpur, to be signed by Ultimate Fighting Championship
Maharashtra. (UFC) as the Mixed martial arts (MMA) fighter.
H.S Prannoy defeated World No 2 Kidambi Srikanth Five-time world champion & Olympic bronze medalist
in a thrilling finale to claim the men’s singles title at the MC Mary Kom named as the ambassador of the
82nd Senior National Championship, in Nagpur, upcoming AIBA Women's Youth World
Maharashtra. Championships.
Ace Indian shuttler Kidambi Srikanth has lifted the M.C. Mary Kom (48kg) notched up her fifth gold medal
Denmark Open Superseries trophy at Odense, at the Asian Women’s Boxing Championships in
Denmark. He defeated South Korea’s Lee Hyun-il to Vietnam. She has defeated North Korea’s Kim Hyang
bag his third Super Series title of the year & fifth overall. Mi. This is Mary Kom’s sixth medal in the Asian
Women’s Boxing Championships & fifth gold medal.

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Assam's famed one-horned rhino unveiled as the Other Sports Current Affairs
official mascot of the 2017 AIBA Youth Women's Indian archers produced an impressive performance,
World Boxing Championship in Guwahati, Assam. grabbed three gold, four silver & two bronze medals
The official mascot, named Guppy, is a female version at the Asian Championships in Dhaka, Bangladesh.
of Assam's one-horned rhino. The World India's Winter Olympian Shiva Keshavan won gold
Championship's official anthem is 'Make Some Noise'. medal at Asian Luge Championships at Altenberg,
It is composed by Shaan & rendered by renowned Germany.
singer Sunidhi Chauhan. India’s Deepika Kumari won bronze medal at the
Kavita Devi, a former competitive powerlifter, become Indoor Archery World Cup Stage 2 held in Bangkok,
the first ever Indian woman to be signed by the World Thailand.
Wrestling Entertainment (WWE). Russia was banned from the 2018 Winter Games by
India’s Konsam Ormila Devi bagged a gold medal in the International Olympic Committee over its state-
44kg weight category in the Commonwealth Youth orchestrated doping programme.
(boys & girls) weightlifting championships, held at Gopi Thonakal created history by becoming first
Gold Coast, Australia. Indian man to win Asian Marathon Championship in
India will host the 2019 edition of the Commonwealth China.
(Youth, Junior & Senior) Weightlifting Championships. Indian men’s & women’s kabaddi teams were
The 2017 edition of the tournament is being held at the crowned the champions of Asia after beating Pakistan
Gold Coast, Australia. & South Korea in Gorgan, Iran.
Cadet World Wrestling Championship held in Athens. 7th International military games will be held in
Female Wrestler Neelam bagged Bronze Medal in 43- Wuhan city in the central China's Hubei Province.
kilogram weight category. India Wrestler Sonam Malik Mascot is Bing Bing.
won a gold medal by defeating Japanese Wrestler Sena Five more Russian competitors from the 2014 Sochi
Nagamoto Cadet World Wrestling Championship in Winter Olympics, including two gold medallists,
Athens. banned for life over anti-doping rule violations by
Indian women's boxing's first foreign coach, Stephane International Olympic Committee (IOC). Dmitrii
Cottalorda, has resigned after just one month of Trunenkov & Aleksei Negodailo, both in the gold-
appointment, alleging delay in salary & other payments. medal winning four-man bobsleigh team, plus biathlon
India will host the South Asian Boxing Championship relay silver medalists Yana Romanova & Olga
for the first time in Guwahati. RK Sacheti has been Vilukhina, who also won silver in the 7.5 kilometers
unanimously elected as the new Executive Director of event. Sergei Chudinov, who came fifth in the men's
Boxing Federation of India (BFI). individual skeleton, was also disqualified for doping
Five-time world champion & Olympic bronze-medallist breaches.
M C Mary Kom has become the first Indian to be picked Mirabai Chanu became the first Indian in over two
as the International Boxing Association’s (AIBA) decades to claim a gold medal at the World
representative for the International Olympic Committee Weightlifting Championship in Anaheim, USA.
(IOC) Athletes’ Forum. Ace Indian cueist Pankaj Advani lifts the IBSF World
Billiards Championship by defeating Mike Russell.
Pankaj Advani clinched his 17th world title at Doha,
Qatar.
Aditi Ashok qualified for the season-ending CME
Group Tour Championship on the LPGA, becoming
the first from the country to play in the prestigious meet.
France will host the 2023 Rugby World Cup to stage one
of the world’s best attended & lucrative sporting events.
Shagun Chowdhary bagged a National Champion
Crown when she won the women's trap event at the 61st
National Shooting Championship. Chowdhary is the
first Indian woman trap shooter to win an Olympic
berth.
Ethiopians Birhanu Legese & Almaz Ayana won the
Delhi Half Marathon, 2017. In the Men's section, Legese
clocked 59 minutes 46 seconds to claim the first spot. In
the Women's section, Almaz Ayana finishing at the top
of the podium.

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Olympic bronze-medallist Gagan Narang won a silver National Motorcycle Racing Championship in Chennai,
medal in the men’s 50m rifle prone event at the Tamil Nadu.
Commonwealth Shooting Championships in The Queen's Baton for the 2018 Commonwealth
Australia. Annu Raj Singh won bronze medal in Games arrived in New Delhi, India. The 2018
women’s 50m pistol competition. Commonwealth Games will be held in Australia. The
19-Year old Indian golfer Aditi Ashok made her return 0Baton was received by Indian Olympic Association
to the Ladies European Tour by clinching the Fatima (IOA) joint secretary Rakesh Gupta.
Bint Mubarak Ladies Open in Abu Dhabi. It is Aditi's In a bid to create awareness about para-sports & provide
third LET win in less than 12 months. a platform to para sportspersons to narrate their stories
Shiv Kapur clinched his first Asian Tour title in India, of triumph & adversity, "thenationspride.com", the
bagging the Panasonic Open at the Delhi Golf Club. country's first portal dedicated to para-sports was
Indian shooting contingent finished the launched. It is a non-profit initiative, helmed by 17-
Commonwealth Shooting Championship 2017 at top year-old Mumbai student & sports enthusiast, Saachi
with the best tally of 20 medals. Indian shooters won a Munot.
total of six gold, seven silver & seven bronze medals in India’s Anupama Ramachandran clinched the World
the competition. Satyendra Singh & Sanjeev Rajput won Open Under-16 Snooker Championship title at St.
a gold & a silver respectively in the men's 50m rifle three Petersburg in Russia. In the girl's category, Anupama
positions. Ramachandran of India become World Open Under-16
Chandigarh hoopster Amjyot Singh became the third champion.
Indian - after Satnam Singh & Palpreet Singh Brar to Pooja Kadian became the first ever Indian sportsperson
walk into the National Basketball Association (NBA) to win a gold medal at the Wushu World
league. Championship in Kazan, Russia. Kadian, who
National Basketball Association (NBA) announced that competed in the women's 75kg Sanda category,
former India men’s national team head coach Scott defeated Russia's Evgeniya Stepanova.
Fleming has joined NBA India as Head of Basketball Brazilian police arrested the chairman of the country’s
Operations. Olympic Committee Carlos Arthur Nuzman as part of
Gokul Natesan is the 97th pick in the NBA draft to a probe into alleged vote-buying to secure Rio’s hosting
became only the second Indian-origin player to be of the 2016 Games.
signed by an NBA G-League side. Natesan, 23, was International Olympic Committee (IOC) announced
picked by Canton Charge. that Paris has been awarded the 2024 summer Olympics
Gaganjeet Bhullar had completed a wire-to-wire victory & Los Angeles has been given the 2028 edition.
& lifted his eighth Asian Tour title at the Macau Open. Indian Olympic Association (IOA) awarded Goa the
Jitu Rai & Heena Sidhu combined to give India their rights to host the 36th National Games.
first gold medal of ISSF World Cup Final in New Delhi Mark Beaumont has broken the world record for cycling
in the 10m air pistol mixed team. around the world - by 44 days. The 34-year-old, from
India's Amanpreet Singh clinched a bronze medal in Perthshire, arrived in Paris one day ahead of schedule
an ISSF World Cup Final, in New Delhi. having cycled the 18,000-mile route in 79 days.
Sangram Dahiya won a silver in the ISSF World Cup Captain of Indian basketball team Amritpal Singh
Final, in New Delhi in the Double trap. created history by becoming the first Indian player to be
Ace Indian shooter Heena Sindhu bagged gold in signed by an Australian Basketball team.
women's 10m Air Pistol event at Commonwealth India has won 2nd South Asian Basketball, SABA,
Shooting Championships in Brisbane, Australia. Under - 16 Championship. India defeated Bhutan in its
Pardeep Narwal helped Patna Pirates to third last league match at Kathmandu in Nepal.
consecutive Pro Kabaddi title. India’s Ankur Mittal won his maiden ISSF World Cup
Atlanta 1996 & Athens 2004 gold medal-winning sailor medal by clinching silver in the double trap event of the
Robert Scheidt (44 years old) announced his retirement edition being held in Moscow.
from Olympic competition, ending a career that India has finished fifth in the medals tally with one gold
spanned a quarter of a century. & two silver medals at the Moscow Shotgun World
India's young paddler Selena Selvakumar completed Championships.
a golden sweep in the Egypt Junior & Cadet Table India won its first athletics gold, through Purnima
Tennis Open, adding the junior girls' singles & doubles Hembram in women’s pentathlon, in the 5th Asian
titles at Sharm El Sheikh in Egypt. Indoor & Martial Arts Games at Ashgabat,
TVS Racing’s mascot Jagan Kumar notched his sixth Turkmenistan. India also got two silvers, through
straight title in premier Super Sport Indian class to Sanjivani Jadhav in women’s 3000m & Tejinder Singh
bring down the curtain on MRF MMSC FMSCI Indian

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Toor in men’s shot put, & a bronze through Kerala’s V. was launched in Chennai, Tamil Nadu at Ennore
Neena in women’s long jump. Kamarajar Port, in Chennai.
India won 2 gold medals in the athletics events of the 5 th Joint Polar Satellite System-1 (JPSS-1) for the National
Asian Indoor & Martial Arts Games. Tamil Nadu’s Oceanic & Atmospheric Administration (NOAA) was
Lakshmanan won the men’s 3000m while Kerala’s launched by NASA. It is launched for improving the
Chitra, took the women’s 1500m title. accuracy of weather forecasts & Earth observations
Reigning Asian champion Govindan Lakshmanan of from California, US.
Services cruised to victory in the men’s 5000-metre race As per ISRO Satellite Centre Director M. Annadurai,
on the opening day of the 57th National Open Athletics India will launch ‘Aditya-L1’, the first Indian mission to
Championships at the Nehru Stadium in Chennai. study the Sun, by 2019 – 2020.
Space Kingdom of Asgardia launched its first satellite.
INTERNATIONAL ORGANIZATION IN This so-called ‘virtual nation’ is the pet project of
NEWS Russian scientist & billionaire Igor Ashurbeyli. The
International Solar Alliance (ISA) has now become a Asgardia-1 satellite contains half a terabyte of data.
treaty-based international intergovt.al organization. Indian Space Research Organization (ISRO) will set up
ISA is India's global initiative & was jointly launched by a research centre in Guwahati, Assam for startups,
PM Modi & president of France in November 2015 in academicians, environmentalists & entrepreneurs.
Paris. Russian & US space agencies, Roscosmos & NASA,
UNESCO inscribed 'Kumbh Mela' on the agreed to jointly build a "deep space gateway", the first-
Representative List of Intangible Cultural Heritage of ever astronaut-tended space station around the Moon.
Humanity. Astronaut Peggy Whitson returned to Earth. Finishing
Ministry of Finance appointed former economic affairs a 288-day mission that put her over the top as the
secretary Shaktikanta Das as India’s G20 Sherpa for American who has spent the most cumulative amount
the Development Track of the grouping. of time in space.
UNESCO’s executive board chose former French NASA’s $3.9-billion Cassini spacecraft ended its 20-
Culture Minister Audrey Azoulay to be the UN year-long ground-breaking journey with a fiery plunge
cultural agency’s next leader. He succeeds outgoing into the Saturn’s crushing atmosphere.
Director-General Irina Bokova of Bulgaria. ISRO stated that its Mars Orbiter Mission (MOM)
which has completed three years in its Martian orbit is
SCIENCE & TECHNOLOGY (NASA, ISRO & in good health & continues to work as expected.
OTHERS)
China successfully launched remote sensing satellites POWER PLANTS ESTABLISHED
designed to conduct electromagnetic probes & other The largest-ever floating solar power plant in India
experiments. inaugurated by state power minister MM Man at the
India's first wave-powered navigational buoy, Banasura Sagar dam in Wayanad, Kerala. The solar
developed by the National Institute of Ocean power plant that floats on the surface of the water has a
Technology (NIOT), to guide ships in & out of ports, capacity of 500 kilowatts.
SCHEMES
Centre approved setting up of 'Pradhan Mantri Mahila
Schemes launched by Union Govt. Shakti Kendras' across 115 most backward districts of
On 2nd Anniversary of Ujwal DISCOM Assurance the country through a new scheme for reaching out to
Yojana (UDAY), Govt. of India signed four MoUs under rural women & facilitating skill development,
the Scheme with the State of Nagaland & with Union employment, digital literacy, health & nutrition. Govt.
Territories (UTs) of Andaman & Nicobar Islands, Dadra also approved expanding Beti Bachao, Beti Padhao
& Nagar Haveli & Daman & Diu for operational scheme from 161 districts to 640 districts in the country,
improvements. as well as 150 additional 'one stop centres' for the
PM Modi launched Umang mobile application, an survivors of sexual violence along with seven other
integrated platform for govt. to citizen services. Umang- programmes that are part of the umbrella scheme -- the
an acronym for "unified mobile app for new age" e- National Mission for Empowerment of Women. The
governance - currently hosts around 162 services from financial outlay for these schemes from 2017 to 2020 will
33 govt. departments of central & state govt.s. It is be Rs 3,636.85 crore.
developed by Ministry of Electronics & Information To provide high-speed broadband service in all Gram
Technology (MEITY). Panchayats by March 2019, govt. launched its second &

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final phase of BharatNet project. It will be appropriate S&T Interventions for Sustainable
implemented at an outlay of Rs. 34 thousand crores. Development through cluster approach in Uttarakhand.
Govt. launched the ‘Bharat 22’ exchange traded fund Minister of State Health & Family Welfare Anupriya
(ETF) managed by ICICI Prudential Mutual Fund, Patel launched a nationwide health campaign to
targeting an initial amount of about Rs. 8,000 crores. sensitise women about the early screening & the
Communications Minister Manoj Sinha launched preventive care for cancer. Themed 'Nurturing the
Sampoorna Bima Gram (SBG) Yojana & an initiative Nurturer', the campaign was launched by FICCI
for expansion of clientele base of Postal Life Insurance Ladies Organisation (FLO) in partnership with the
(PLI). Under Sampoorna Bima Gram (SBG) Yojana, at Apollo Hospitals group.
least one village (with min. 100 households) will be Union Home Minister Shri Rajnath Singh launched the
identified in each of the revenue districts of the country. Platform for Effective Enforcement for No Child
Coverage of all households is the primary objective of Labour (PENCIL) Portal. PENCIL is an electronic
this scheme. platform that aims at involving Centre, State, District,
Mahindra & Mahindra has launched a program, Govt.s, civil society & the general public in achieving
Prerna, to empower women working in the agriculture the target of child labour free society. He also launched
sector by promoting efficient & ergonomic farm tools & the Standing Operating Procedures (SOPs) for the
equipment. The project will be initially launched in the enforcement of legal framework against child labour.
state of Odisha, with the intention to positively impact
the lives of over 1,500 families across 30-plus villages. Schemes launched by State Govt.
President Kovind launched 100 crore rupees Mata Odisha govt. launched a scheme named 'Fish Pond
Amritanandamayi Math Project "Jeevamritham "to Yojana' to boost fish production in the state with a
provide the filtration system for cleaning drinking budgetary provision of Rs 96 crore. It aims to create
water to 5000 villages across India, in Kollam district in additional 2,200 hectare of fresh water aquaculture
Kerala. farming with 50% financial assistance to farmers.
Cabined chaired by PM Modi approved the proposal Pradhan Mantri Sahaj Bijli Har Ghar Yojana
for creation of National Testing Agency (NTA) for (SAUBHAGYA) launched in Manipur, by Union
conducting various entrance examinations. Minister of State (IC) for Power & New & Renewable
Manyata was launched by FOGSI (Federation of Energy, R.K. Singh & N. Biren Singh, CM, Manipur.
Obstetric & Gynecological Societies of India). Kerala govt. launched “She Pad,’’ a scheme to distribute
‘Manyata’ is a nationwide movement which is free sanitary napkins to girl students from classes VI to
emphasising the need for quality care for mothers XII in govt. & aided private schools affiliated to the state
during & immediately after childbirth. school board.
India Hypertension Management Initiative (IHMI) President Kovind launched various schemes entailing
was launched by Health Ministry & ICMR (Indian total expenditure of Rs 3,455 crore in Jharkhand to
Council of Medical Research). The objective of this coincide with the state's 17th Foundation Day. He
initiative is to reduce morbidity & mortality due to launched Rs. 636-crores 'Mukhyamantri Health
cardiovascular diseases (CVDs) by controlling high Insurance Scheme'. He also launched JOHAR
blood pressure. It is a collaborative project of ICMR, (Jharkhand's Opportunities for Harnessing Rural
Ministry of Health & Family Welfare (MoHFW), WHO Development) schemes entailing the expenditure of Rs
& State Govts. 1,500 crore to help tribal & Dalit families double their
Energy Efficiency Services Limited (EESL), under incomes in four years.
Ministry of Power, Govt. of India launched UJALA Goa CM Parrikar launched Jai Kisaan App, a farmer
(Unnat Jyoti by Affordable Lighting for All) Scheme engagement app containing features & functions to
in the State of Melaka, Malaysia. Under this scheme, fulfill the needs of the farmer community in India. It is
each household in Melaka will get 10 high-quality 9- a one-stop solution on agricultural information &
watt LED bulbs. cultivation, covering crop nutrition, protection, seeds, &
Union Cabinet approved the revamped Khelo India diagnostic services.
program at a cost of Rs. 1,756 crore for the period 2017- Rajasthan Govt. launched ‘Dishari’, an educational
18 to 2019-20. The Programme aims at mainstreaming mobile application that provides free study materials
sport as a tool for individual development, community for youths preparing for competitive examinations.
development, economic development & national Assam CM Sarbananda Sonowal rolled out 647 schemes
development. entailing an investment of Rs 24.57 crore for
Dr. Harshvardhan launched “Pt Deen Dayal Upadhyay development of world's largest river island Majuli.
Vigyan Gram Sankul Pariyojana” which will Out of these, 448 schemes under MGNREGA involved
experiment & endeavour to formulate & implement

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Rs 21.90 crore & 199 schemes under 14th Finance Adoption of efficient Textile technologies to Help
Commission have an outlay of Rs 2.67 crore, it added. small Industries). Under this initiative, Energy
Gujarat Govt. announced Garments & Apparel Policy- Efficiency Services Limited (EESL), a public sector entity
2017, with the aim of creating more opportunities in under the Union Ministry of Power, will acquire energy
the garment sector of Gujarat & to create huge efficient Powerlooms, motors & Rapier kits in bulk &
employment opportunities for women through the provide them to the small & medium powerloom units.
apparel industry. This Policy is prepared with an aim to In an attempt to end Gender bias in women against
make Gujarat number 1 in textile which produces more women, the Ministry of Women & Child Development
of cotton. is undertaking an online campaign #IamThatWoman.
Madhya Pradesh CM Shivraj Singh Chouhan Through the campaign, the Ministry seeks to highlight
inaugurated the ambitious 'Bhavantar Bhugtan Yojna' the various aspects of women standing 'by' & 'for'
for the farmers of the state. Madhya Pradesh is the first women.
state to lend money to farmers at zero percent interest. Goods & Services Tax Network (GSTN) has launched
MP Govt. implemented the CM's Skill Promotion & an excel-based offline tool for businesses to file initial
Skills Scheme to provide jobs by providing GSTR- 3B returns. GSTN, in a statement in New Delhi,
employment oriented training to the youth. All the stated that taxpayers can download the offline utility
youth who are in the age group of 18-35 are being from the GSTN portal & after fill in the data the file can
benefitted through Mukhya Mantri Kaushal be uploaded on GST portal.
Samvardhan Yojana & Mukhya Mantri Kaushalya Chairman of NHAI Deepak Kumar launched a world-
Yojana. MP Govt. permitted Rs 30 crores for constant class, new multilingual website of the organization.
execution of the scheme from year 2017-18 to 2019-20. He also launched a Project Monitoring Information
Karnataka govt. launched the Rs. 302-crore Mathru System (PMIS) Moblie App that will facilitate close, in-
Poorna scheme, aimed at providing free mid-day meals house monitoring of NHAI projects on a mobile phone.
to pregnant & lactating women in rural areas. The Union Home Minister Rajnath Singh has launched first
meals, which will be provided in Anganwadi centres, Intelligence Wing of Sashastra Seema Bal (SSB) &
will include an egg, rice, pulses, vegetables, & milk. This Welfare & Rehabilitation Board (WARB) App in New
is aimed at reducing child malnutrition & in turn curb Delhi authorized to Protect the shared borders of India
infant mortality. with Nepal & Bhutan.
Odisha Govt. launched ‘Sampurna (Sishu Abond Matru Union Environment Ministry launched an environment
Mrityuhara Purna Nirakaran Abhijan) Yojna’ scheme awareness initiative on the occasion of Teachers’ Day.
for pregnant women, in Odisha. Under the scheme, Under the initiative, an online environmental quiz
Odisha govt. will provide Rs. 1,000 as transport cost for competition named Prakriti Khoj will be conducted at
pregnant women to travel to the hospital. the national level.
Union Ministry of Health & Family Welfare launched
Schemes launched by Ministries two new contraceptives- an injectable contraceptive
Shri R.K. Singh, Minister of State (IC) for Power & New MPA under the ‘Antara’ program & a contraceptive pill
& Renewable Energy, launched the Pradhan Mantri ‘Chhaya’ in the public health system to expand the
Sahaj Bijli Har Ghar Yojana – ‘Saubhagya’ Web Portal. basket of contraceptive choices for couples.
It can be accessed at http://saubhagya.gov.in. Ministry of Electronics & Information Technology
Minister of Communications Shri Manoj Sinha (MeitY) launched a nationwide Hackathon
launched a Pan India scholarship program for school ‘OpenGovDataHack’ to support & showcase potential
children called Deen Dayal SPARSH Yojana to ideas/talent from inner India.
increase the reach of Philately. Note: SPARSH Union Minister for Petroleum & Natural Gas
(Scholarship for Promotion of Aptitude & Research in Dharmendra Pradhan has launched Pradhan Mantri
Stamps as a Hobby). Under this govt proposed to LPG Panchayat at Mota Ishanpur village in
award annual scholarships to children of Standard VI to Gandhinagar district of Gujarat.
IX having good academic record & also pursuing
Philately as a hobby. The amount of Scholarship will be MISCELLANEOUS TOPICS
Rs. 6000/- per annum @ Rs. 500/- per month.
Shri Piyush Goyal, Union Minister of Railways & Coal INDIAN RAILWAYS/ METRO in India
has launched ‘Grahak Sadak Koyla Vitaran App’ Indian Railways launched the main arch of the world's
benefitting customers of Coal India Limited (CIL) lifting highest bridge on the River Chenab in Jammu &
coal through road mode. Kashmir's Reasi district which will provide direct
Union Ministries of Power & Textiles jointly launched connectivity to the Kashmir Valley.
an initiative 'SAATHI' (Sustainable & Accelerated

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According to a circular issued by the railway board, the among consumers, policy makers, industry & research
passengers in the reserved coaches can only sleep sector.
between 10 pm & 6 am to allow others to sit in the seats President Kovind inaugurated International
for the rest of the time. Ambedkar Conclave, organised by the Forum of SC &
India has received its first High Horsepower ST Legislators & Parliamentarians, in New Delhi.
Locomotive with the bodyshell of 12000 HP loco from World's first Sanskrit 3D film 'Anurakthi among the
Alstom France at Kolkata port. This first-of-its-kind main attraction in 3D category at the International Film
high-power electric locomotive will be used to haul Festival of India in Panaji in Goa.
freight trains at twice the existing speed by 2018. The iconic Trump Tower comprising 140 ultra-luxury
PM Modi, West Bengal CM Mamta Banerjee & apartments has been launched in Kolkata.
Bangladesh PM Sheikh Hasina jointly flagged off A grateful nation is paying homage to former PM
‘Bandhan Express’, a passenger train between Kolkata Indira Gandhi on her 100th birth anniversary on 19th
& Bangladesh’s city of Khulna. It will cover 172 kms November 2017.
distance between Kolkata & Khulna in four hours. 210-metre-high statue of Chhatrapati Shivaji Maharaj
Railways plans to equip all trains with Bio-Toilets by received environmental clearance, making it the world’s
December 2018. tallest statue, once built.
Asia’s largest Solid-State Interlocking (SSI) system Food Regulatory Portal was launched by Union
was installed in Kharagpur by the Indian Railways. Ministry of Food Processing Industries & FSSAI
This will enable station masters to set 800 different (regulatory body for Food Safety in India). This will act
routes for trains in a matter of minutes. as single interface for food businesses to cater both
domestic operations as well as food imports.
INDIA’S GDP REPORTS Fake news, a term popularised by U.S. President
Asian Development Bank (ADB) has downgraded Donald Trump, has been named the word of the year
India’s growth projection to 7% for the current fiscal by Collins dictionary due to its widespread use around
while lowering its forecast for the next financial year as the world.
well. The annual ‘Balijatra’ festival was inaugurated by
Health & Law Minister Pratap Jena at Gadagadia ghat
in Odisha on the banks of river Mahanadi.
The world’s largest combustion research center
inaugurated at the Indian Institute of Technology,
Madras (IIT-M) in Tamil Nadu.
Footwear Design & Development Institute (FDDI)
declared an ‘Institute of National Importance’ under
Ministry of Commerce & Industry, Govt. of India. The
FDDI bill was passed by the Parliament in July 2017.
Actor Varun Dhawan will get a wax statue at Madame
Tussauds Hong Kong, making him the youngest Indian
actor to have his statue at the museum.
In the India International Science Festival (IISF) which
OTHERS held in Anna University campus at Chennai, saw the
The word 'populism' has been announced as making of a new Guinness World Record for the
Cambridge Dictionary's Word of the Year 2017. Largest Biology Lesson. One thousand forty-nine
The Nation on 3 December 2017 remembered India's
rd (1049) students participated in the record breaking
first President Rajendra Prasad on his 133rd birthday. session.
India's first Madame Tussauds wax museum has been For the first time, Nepal & India will undertake a joint
opened in New Delhi. tiger census in their national parks, forests & protected
President Kovind cleared an ordinance amending the areas adjoining the two countries using a globally-
Indian Forest Act, 1927. It omits bamboo grown in recognised method.
non-forest areas from the definition of trees, thereby GMR Hyderabad International Airport Ltd (GHIAL),
exempting it from requiring permits for felling or Malaysia Airports Holdings Berhad (MAHB) &
transportation. Malaysia Tourism Promotion Board (MTPB) have
Union Agriculture Minister Radha Mohan Singh has come together to promote the growth of tourism traffic..
sent a proposal to United Nations for declaring 2018 as ‘Newton’ will be India’s official entry for the Best
"International Year of Millets" to raise awareness Foreign Film category at the Oscars 2018, according to

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the Film Federation of India. The movie directed by the Southeast Asian Defence Ministers’ Meeting. The
Amit Masurkar, starring Rajkummar Rao. ADMM (ASEAN Defence Ministers’ Meeting)-Plus
Govt. issued an alert on the spread of new malware meeting will discuss ways to enhance defense &
'Locky Ransomware' that can lock computers & demand security cooperation among the member nations.
ransom for unlocking them. Ransomware is a malicious Afghani President Ashraf Ghani was on a national
software & the Locky Ransomware is learnt to be visit to India. During his visit, he met with the president
demanding the ransom of half Bitcoin, which at present Ram Nath Kovind & PM Modi. India & Afghanistan
rate is equivalent to over Rs 1.5 lakh. have agreed to work closely with the regional &
Govt. is moving ahead with linking Aadhaar with international partners to further the objective of seeing
mobile SIM cards & all unlinked phones will be Afghanistan emerge as a stable, peaceful, united &
deactivated after February 2018. prosperous nation.
The elusive snow leopards, long considered an PM of Italy Paolo Gentiloni arrived in New Delhi on
endangered species, has been upgraded to 'vulnerable'. a two-day visit to India. The visit is aimed at
But experts warned the new classification does not strengthening the bilateral political & economic
mean they are safe. relations between the two countries.
President of European Council, Donald Franciszek
Person on Visit Tusk & President of the European Commission, Jean-
Singapore Defence minister Ng Eng Hen was in India Claude Juncker will be on a three-day visit to India to
& signed the agreement with Defence Minister hold the 14th India-EU Summit in New Delhi.
Seetharaman. PM Modi visited his Lok Sabha constituency, Varanasi.
External Affairs Minister Sushma Swaraj attended the In the Visit, he flagged off remotely Varanasi-Vadodara
Shanghai Cooperation Organization summit at Sochi country’s third Mahamana Express. He also
in Russia. inaugurated Jal Shavbahan & Jal Ambulance in
PM Modi met Sri Lankan PM Ranil Wickremesinghe. Varanasi. He has also inaugurated Utkarsh Bank in
Sri Lankan PM, who arrived in India on a four-day visit, Varanasi, it specialises in micro-finance to extend
will hold bilateral talks with PM Modi & will also call assistance to self-help groups.
upon President Ram Nath Kovind. PM received his Japanese counterpart Shinzo Abe at
PM Narendra Modi reached the Philippines capital Ahmedabad in Gujarat. Mr. Abe visited India &
Manila. He will be attending the 31st ASEAN, the East attended the India-Japan annual summit meeting. The
Asia & the India-ASEAN annual Summits. 12th edition of the summit was held in Gandhinagar,
King of Bhutan, Jigme Khesar Namgyel Wangchuck Gujarat.
arrived in New Delhi. He was accompanied by his wife, President of Swiss Confederation Doris Leuthard
Queen Gyaltsuen Jetsun Pema Wangchuck. visited India. India & Switzerland enjoy robust
President of Armenia, Serzh Sargsyan arrived in New economic ties, with Switzerland being seventh largest
Delhi. He attended the World Food India Conference trading partner & eleventh largest foreign investor for
2017. India.
Minister of State (IC) Youth Affairs & Sports Col. PM Modi visited China & Myanmar. In the first leg of
Rajyavardhan Rathore visited Egypt to attend World his three-day tour to China, Mr Modi reached Xiamen
Youth Forum at Sharam El Shiekh. It was inaugurated to attend the 9th BRICS Summit. Then, the PM left for
by the President of Egypt Mr Abdelfateh El Sisi. Myanmar. This was PM Modi’s first bilateral State visit
Prince of Wales, Charles Philip Arthur George arrived Myanmar.
in New Delhi. This visit is a part of their 10-day tour to External Affairs Minister Sushma Swaraj visited the
Singapore, Malaysia, Brunei & India. The visit is aimed Russian port city of Vladivostok to attend the third
at strengthening bilateral relations between the two Eastern Economic Forum which will deliberate on
nations. pressing issues relating to global trade.
External Affairs Minister Sushma Swaraj held a External Affairs Minister Sushma Swaraj arrived in
meeting with Guinea’s Foreign Minister, Mamady New York to represent India at the annual UN General
Toure, during the course of which the latter handed Assembly, UNGA, session.
over his country’s instrument accession to the India- President Ram Nath Kovind will make his first foreign
initiated International Solar Alliance (ISA). trip as head of state to the strategically-significant
Petroleum & Natural Gas Minister Dharmendra African continent in the first week of October. The
Pradhan visited Japan to participate in the 6th annual President will visit to Ethiopia & Djibouti.
LNG Producers Consumer Conference.
In her first foreign visit as Defence Minister, Ms.
Nirmala Sitharaman left for the Philippines to attend

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Important MoU’s Approved by the Cabinet under PM Modi


The Union Cabinet chaired by PM Shri Narendra Modi has ▪ Signing an Agreement between India & Armenia on
given the following set of approvals. The full list of Cabinet cooperation & mutual assistance in customs matters.
Approvals are as follows: ▪ Amendment in the National Council for Teacher
▪ Memorandum of Cooperation (MoC) between India & Education Act, 1993- The amendment seeks to grant
Japan on the "Technical Intern Training Program (TITP)" retrospective recognition to the Central/State/Union
▪ Signing of the MoC between India & Japan on Territory funded Institutions/Universities conducting
establishing a Liquid, Flexible & Global LNG Market Teacher Education Courses without NCTE recognition
▪ MoU between SEBI & Financial Services Commission till the academic year 2017-2018.
(FSC), Gibraltar. ▪ Ongoing Centrally Sponsored Scheme (State Plans) -
▪ MoU between India & Belarus for Cooperation in the Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya
field of Vocational Education & Training Krishi Vikas Yojana- Remunerative Approaches for
▪ Signing of MoU between Securities & Exchange Board of Agriculture & Allied sector Rejuvenation (RKVY-
India (SEBI) & Capital Markets Authority (CMA), RAFTAAR) for three years i.e. 2017-18 to 2019-20.
Kuwait. ▪ Special Banking Arrangement (SBA) for payment of
▪ International Association of Marine Aids to Navigation outstanding subsidy to fertilizer companies during 2016-
& Lighthouse Authorities (IALA) to change its status 17.
from Non-Govt.al Organization to Inter-Govt.al ▪ Enhancement of age of superannuation of doctors other
Organization. than Central Health Service (CHS) doctors to 65 years,
▪ MoU between India & Morocco on cooperation in the ▪ Signing of (i) Inter-bank Local Currency Credit Line
field of water resources Agreement & (ii) Cooperation Memorandum relating to
▪ Revised pay scales of teachers & equivalent academic Credit Ratings by EXIM Bank under BRICS Interbank
staff in Universities/Colleges & centrally funded Cooperation mechanism,
technical institutions. ▪ Agreement on “Cooperation in the field of Information,
▪ SANKALP & STRIVE Schemes to boost Skill India Communication & Media” between India & Ethiopia,
Mission. ▪ MoU between India & Belarus in the oil & gas sector,
▪ Trade Agreement between India & Ethiopia for ▪ Bilateral MoU between India & Afghanistan on
strengthening & promoting trade & economic Technical Cooperation on Police Training &
cooperation. Development.

BANKING AWARENESS CAPSULE

List of Mergers in the Indian Banking Industry Federal Bank Ganesh Bank of 2006
The Bank which The Bank which got Year of Kurundwad
acquired Merged Merger Centurion Bank Bank of Punjab 2005
State Bank of 5 SBI’s Associate 2017 (BoP)
India Banks & Bharatiya IDBI Bank IDBI Limited 2005
Mahila Bank Limited
Kotak Mahindra ING Vysya Bank 2016 Oriental Bank of Global Trust Bank 2004
Bank Commerce (GTB)
ICICI Bank Bank of Rajasthan 2010 Punjab National Nedungadi Bank 2003
State Bank of State Bank of Indore 2009 Bank
India Bank of Baroda Benares State Bank 2002
State Bank of State Bank of 2008 ICICI Bank ICICI Limited 2002
India Saurashtra Limited
HDFC Bank Centurion Bank of 2008 ICICI Bank Bank of Madura 2001
Punjab HDFC Bank Times Bank 2000
Centurion Bank Lord Krishna Bank 2007 Union Bank of Sikkim Bank 1999
of Punjab India
Indian Overseas Bharat Overseas 2007 State Bank of Kashinath State 1995
Bank Bank India Bank
IDBI Bank United Western 2006 Bank of India Bank of Karad 1994
Bank Ltd.

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Punjab National Bank New Bank of 1993 Amount of money that can be sent using BHIM is
India uptoRs 10,000 per transaction&a maximum of Rs 20,000
State bank of Bank of Cochin 1985 per day for one bank account.
India
Canara Bank Lakshmi 1985 A Brief on UPI- 2016
Commercial Bank Unified Payments Interface is an instant payment
system developed by NPCI. UPI is built over the IMPS
infrastructure&allows you to instantly transfer money
Head Office of Small Finance Banks
between any two parties' bank accounts.
➢ Au Financiers (India) Ltd., Jaipur
UPI-PIN is a 4-6 digit pass code you create/set during
➢ Capital Local Area Bank Ltd., Jalandhar
first time registration with this App.
➢ Disha Microfin Private Ltd., Ahmedabad
The upper limit per UPI transaction is Rs. 1 Lakh.
➢ Equitas Holdings P Limited, Chennai
➢ ESAF Microfinance & Investments Private Ltd.,
Immediate Payment Service (IMPS)
Registered Office- Chennai, Corporate Office- Thrissur
It was launchedin 2010. IMPS offers an instant, 24X7,
(Kerala)
interbank electronic fund transfer service through mobile
➢ Janalakshmi Financial Services Private Limited,
phones.
Bengaluru
➢ RGVN (North East) Microfinance Limited, Guwahati
Overview of *99# Service
➢ Suryoday Micro Finance Private Ltd., Navi Mumbai
*99# service launched by NPCI, which works on
➢ Ujjivan Financial Services Private Ltd., Bengaluru
Unstructured Supplementary Service Data (USSD) channel.
➢ Utkarsh Micro Finance Private Ltd., Varanasi
This service was launched in 2014. Banking customers can
avail the service by dialing *99#, a “Common number
Head Office Payment Banks
across all Telecom Service Providers (TSPs)” on their
➢ Aditya Birla Nuvo Limited- Veraval, Gujarat
mobile phone&transact through an interactive menu
➢ Airtel M Commerce Services Limited- Registered
displayed on the mobile screen.
Office- New Delhi, Corporate Office- Gurugram,
Haryana
Overview of *99*99# Service
➢ Cholamandalam Distribution Services Limited-
*99*99# is a USSD (Unstructured Supplementary Service
Chennai
Data) based value added service from NPCI that facilitates
➢ Department of Posts (IPPB)- New Delhi
the customers to check the status of his/her Aadhaar
➢ Fino PayTech Limited- Navi Mumbai
number seeding/linking in the bank account. The service
➢ National Securities Depository Limited- Mumbai
works across all GSM service providers&brings together
➢ Reliance Industries- Mumbai
the diverse ecosystem partners such as Banks & TSPs
➢ Vodafone m-pesa Limited- Mumbai
(Telecom Service Providers).
A Brief on NPCI
National Payments Corporation of India (NPCI) is an
MMID
umbrella organization for all retail payments system in
MMID stands for Mobile Money Identifier. MMID is a 7-
India. It was incorporated in December 2008&the
digit code issued by the bank to their customers for availing
Certificate of Commencement of Business was issued in
IMPS.
April 2009. The authorized capital was pegged at Rs 300
crore&paid up capital was Rs 100 crore.
A Brief on QSAM
B.Sambamurthy- Interim Chairman.
*99*99# service, is alternatively known as QSAM (Query
Service on Aadhaar Mapper). Using this service, a person
A Brief on BHIM
can check the Aadhaar seeding/linking status in his/her
Bharat Interface for Money is an app that lets you make
bank account.
simple, easy&quick payment transactions using
Unified Payments Interface (UPI). This can be done
A Brief on NACH
using just Mobile number or Virtual Payment Address
NPCI implemented “National Automated Clearing House
(VPA). Currently it is available in 12 languages.
(NACH)” for Banks, Financial Institutions,
Virtual Payment Address (VPA) is a unique identifier
Corporates&Govt., is a web based solution to facilitate
which you can use to send&receive money on UPI.
interbank, high volume, electronic transactions which are
repetitive&periodic in nature. NACH System can be used
for making bulk transactions towards distribution of

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subsidies, dividends, interest, salary, pension etc. for bulk Risk in Banking Sector
transactions towards collection of payments pertaining to Banking risk can be defined as exposure to the uncertainty
telephone, electricity, water, loans, investments in mutual of outcome. It is applicable to full-service banks like SBI,
funds, insurance premium etc. PNB & Others.
NACH’s Aadhaar Payment Bridge (APB) System, Types of bank risks
developed by NPCI has been helping the Govt.&Govt. 1. Credit risk 4. Market risk
Agencies in making the Direct Benefit Transfer scheme a 2. Operational risk 5. Liquidity risk
success. 3. Business risk 6. Reputational risk
Credit risk: It usually occurs because of inadequate income
BBPS or business failure. Credit risk signifies a decline in the
Bharat Bill Payment System (BBPS) will function as a tiered credit assets’ values before default that arises from the
structure for operating the bill payment system in the deterioration in a portfolio or an individual’s credit quality.
country under a single brand image. Market risk: Basel Committee on Banking Supervision
NPCI will function as the authorized Bharat Bill Payment defines market risk as the risk of losses in on- or off-balance
Central Unit (BBPCU), which will be responsible for setting sheet positions that arise from movement in market prices.
business standards, rules&procedures for Market risk is the most prominent for banks present in
technical&business requirements for all the participants. investment banking.
Operational risk: Basel Committee on Banking Supervision
Priority Sector Lending Certificates (PSLCs) defines operational risk “as the risk of loss resulting from
These are a mechanism to enable banks to achieve the inadequate or failed internal processes, people&systems or
priority sector lending target&sub-targets by purchase from external events. Operational risk, the risk in all
of these instruments in the event of shortfall. This also banking transactions
incentivizes surplus banks as it allows them to sell their Liquidity risk: Liquidity risk is the risk of a bank not being
excess achievement over targets thereby enhancing able to have enough cash to carry out its day-to-day
lending to the categories under priority sector. operations.
All PSLCs will be valid till March 31st&will expire on Reputational risk—when banks lose the public’s trust
April 1st. It is the risk of damage to a bank’s image&public standing
There are only four eligible categories of PSLCs i.e. that occurs due to some dubious actions taken by the bank.
PSLC General, PSLC Small&Marginal Farmer, PSLC Business Risk: Business risk is the risk arising from a
Agriculture & PSLC Micro Enterprises. bank’s long-term business strategy. It deals with a bank not
being able to keep up with changing competition dynamics,
A brief on ACU losing market share over time, & being closed or acquired.
Asian Clearing Union (ACU) was established with its
head-quarters at Tehran, Iran, on December 9, 1974.
The Central Banks&the Monetary Authorities of Sectors in the Indian Economy
Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Indian Economy is normally categorized into three sectors
Nepal, Pakistan&Sri Lanka are currently the members namely -
of the ACU. 1. Primary Sector 2. Secondary Sector
Asian Monetary Units (AMUs) is the common unit of 3. Tertiary Sector
account of ACU&is denominated as ‘ACU
Dollar’&‘ACU Euro’. All instruments of payments 1. Primary Sector
under ACU have to be denominated in AMUs. Primary Sector is directly dependent on environment for
manufacture&production. For example, agriculture,
Rupee Denominated Bonds mining, farming etc.
Any corporate (entity registered as a company under the 2. Secondary Sector
Companies Act, 1956/ 2013) or body corporate (entity Secondary Sector adds value to the proud by transforming
specially created out of a specific act of the Parliament) raw materials into valuable products. For example,
&Indian banks are eligible to issue Rupee denominated processing & construction industries.
bonds overseas. Real Estate Investment Trusts 3. Tertiary Sector/Service Sector
(REITs)&Infrastructure Investment Trusts (InvITs) coming Tertiary Sector is involved in production&exchange of
under the regulatory jurisdiction of SEBI are also eligible. services. For example, transportation, communication, &
The minimum maturity period for such bonds will be 3 other services of such kind.
years. Tertiary Sector is also known as Services Sector as it
facilitates the production&exchanges of services.

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National Institute of Bank Management (NIBM) Currency&Finance), is the central bank of the
It was established in 1969 by RBI, in consultation with the country&wasnationalisedw.e.f Jan 01,1949.
Govt. of India, as an autonomous apex institution for ii. Originally it was a shareholders’ bank which was taken
research, training, education&consultancy in bank over by the Central Govt. under Reserve Bank (Transfer
management. Its mandate is to play a proactive role of of Public Ownership) Act 1948 (paid up capital Rs. 5
“think-tank” of the banking system. The Governor of RBI cr).
is the Chairman of the Governing Board. It is situated at iii. RBI’s central office is in Mumbai.
Pune, Maharashtra.
Functions of RBI:
Electronic Funds Transfer at Point of Sale (EFTPOS) Issuance of currency: RBI is the authority in India to issue
EFTPOS is the method for paying for goods or services currency notes (called bank notes) under signatures of
without needing to carry cash. Governor. (One rupee note called currency note is issued by
the Central Govt.&signed by Finance Secretary). The stock
Small Finance Banks of currency is distributed with the help of currency chests
The objective is to further financial inclusion by (a) spread all over the country.
provision of savings vehicles,(b) supply of credit to Banker to Govt.: RBI transacts govt. business&manages
small business units; small&marginal farmers; public debt. SBI or any other bank is appointed Agent
micro&small industries;&other unorganised sector where RBI does not have office. It provides Ways & Means
entities, through high technology-low cost operations. advances to Govt.
It shall primarily undertake basic banking activities of Bankers’ bank: It keeps a part of deposits of commercial
acceptance of deposits&lending to unserved & banks (as CRR) & acts as lender of last resort by providing
underserved sections including small business units, financial assistance to banks. It provides export credit
small&marginal farmers, micro&small industries refinance, Liquidity Adjustment Facility&MSF.
&unorganised sector entities. The minimum paid-up Controller of Banks: An entity which is to conduct banking
equity capital is Rs. 100 crores. business in India has to obtain license from RBI. It acts as
The promoter's minimum initial contribution to the controller of banks by including the banks in 2nd Schedule
paid-up equity capital of such small finance bank shall of the Act. It issues directions, carries inspection (on-site as
at least be 40 %&gradually brought down to 26 % well as off-site) &exercises management control.
within 12 years from the date of commencement of Controller of credit: RBI can fix interest rates (including
business of the bank. Bank Rate)&exercise selective credit controls. Various tools
such as change in cash reserve ratio, stipulation of margin
Payments Banks on securities, directed credit guidelines etc. are used for this
The objective is to further financial inclusion by purpose. It also carries sale&purchase of securities which
providing (i) small savings accounts(ii) are known as open market operations.
payments/remittance services to migrant labour Maintenance of external value: RBI is responsible also for
workforce, low income households, small businesses, maintaining external value of Indian currency as well as the
other unorganised sector entities&other users. internal value. Foreign exchange reserves are held by
Scope of activities: Acceptance of demand deposits. It RBI&it has a wide power to regulate foreign exchange
will initially be restricted to holding a maximum transactions under Foreign Exchange Management Act.
balance of Rs. 100,000 per individual customer.
It cannot undertake lending activities. Apart from BANKING REGULATION ACT 1949
amounts maintained as CRR on its outside demand& a) Passed as the Banking Companies Act 1949 (came into
time liabilities, it will be required to invest minimum force wef 16.3.49&changed to Banking Regulation Act 1949
75% of its "demand deposit balances" in SLR eligible. w.e.f. 01.03.66, it was made applicable to J & K in 1956 (and
The minimum paid-up equity capital shall be Rs. 100 now applicable throughout India).
crore. b) The Act is not applicable to primary agricultural credit
The promoter's minimum initial contribution to the societies, cooperative land mortgage banks&non-
paid-up equity capital of such payments bank shall at agricultural primary credit societies.
least be 40 % for the first five years from the
commencement of its business. SCHEDULED BANK
a) As per Sec 2 (e) of RBI Act, a scheduled bank means a
Reserve Bank of India (RBI) bank who is included in 2nd schedule of RBI Act 1934.
i. RBI established on April 1, 1935 under RBI Act 1934 b) A scheduled bank should satisfy the conditions which
(recommendations of John Hilton Young Commission include paid-up capital&reserves requirement of not less
1926 – called Royal Commission on Indian

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than Rs. 5 lac, satisfaction of RBI that the affairs will not be Statutory Liquidity Ratio is the amount a commercial bank
conducted by the bank in a way to jeopardize the interests needs to maintain in the form of cash, or gold or govt.
of the depositor. (Commercial, Rural&many State Coop approved securities (Bonds) before providing credit to its
Banks are classified as Scheduled Banks). customers.
c) A bank that is not included in the 2 nd Schedule of RBI is It is determined as the %age of total Net Demand&Time
called Non-scheduled Bank. Liabilities (NDTL).
Bank Rate
Total No. of Banks (As per IBA Website) It is defined in Sec 49 of RBI Act 1934 as the ‘standard rate
Total PSBs: 22 (IPPB is 100% Equaty of GoI) at which RBI is prepared to buy or rediscount bills of
Total Private Sector Banks: 24, If we include Payment & exchange or other commercial papers eligible for purchase
Small Bank (7) then it is 31. under this act’.
RRB’s: 56 | Foreign Banks: 46 | Cooperative Banks: 42 CASH RESERVE RATIO
CRR refers to the ratio of bank’s cash reserve balances with
IMPORTANT POINTS ON RBI RBI with reference to the bank’s net demand&time
RBI is not expected to perform the function of accepting liabilities to ensure the liquidity&solvency of the scheduled
deposits from the general public. banks.
Prime lending rate is decided by the individual banks.
RBI decides the following rates namely; Bank rate, repo
rate, reverse repo rate&cash reserve ratio.
The quantitative instruments of RBI are – bank rate
policy, cash reserve ratio&statutory liquidity ratio.
The objective of monetary policy is to control inflation;
discourage hoarding of commodities&encourage flow
of credit into neglected sector.
When RBI is lender of the last resort, it means that RBI
advances credit against eligible securities.
GOI decides the quantity of coins to be minted.
The method which is used currently in India to issue
currency note – minimum reserve system. For issuing
notes, RBI is required to hold the minimum reserves of
Rs. 200 crore of which note less than Rs. 115 crore is to
be held in gold.

POLICY RATES
ACCOUNTS IN A BANK
Current Reserve Ratios & Policy Rates
a) Savings Bank Account b) Current Deposit Account
Bank Rate 6.25%
c) Fixed Deposit Account d) Recurring Deposit a/c
Repo Rate 6.00% Savings Bank Account
Reverse Repo Rate 5.75% The rate of interest on savings bank account varies from
CRR 4.00% bank to bank&also changes from time to time. Interest rate
SLR 19.50% is paid to the account holders on daily balance basis.
MSF 6.25% Current Deposit Account
This account is mainly for big businessmen,
Repo Rate companies&institutions, since there are no restrictions
Repo rate is the rate of interest which is levied on Short- on number of withdrawals from this type of account.
Term loans taken by commercial banks from RBI. From this withdrawal can be made any number of
Whenever the banks have any shortage of funds they can times.
borrow it from RBI. For the convenience of the account holders banks also
Reverse Repo Rate allow withdrawal of amounts in excess of the balance
This is exact opposite of Repo rate. Reverse repo rate is the of deposit. This facility is known as overdraft facility.
rate at which commercial banks charge on their surplus Fixed Deposit Account (also Term Deposit Account)
funds with RBI. RBI uses this tool when it feels there is too Money is deposited in a fixed deposit account to earn
much money floating in the banking system. interest at a higher rate.
SLR Rate

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Recurring Deposit Account Current deposits, Demand liabilities portion of saving
The rate of interest allowed on the deposits in this deposits, margins held against LC/LG, Balances in overdue
account is higher than that on a savings bank deposit FD, cash certificate&RD, Outstanding TTs, MTs & DDs,
but lower than the rate allowed on a fixed deposit for Unclaimed deposits, Credit balance in CC a/c & Deposits
the same period. held as security for loan payable on demand.
Important points to remember Time liabilities
a) Minimum age to open a bank account is now 10 years.
b) Maximum Interest rate is given on FD A/c. FDs, cash certificate, cumulative & RDs, time liabilities
c) The maximum period of an FD is 10 years & for RD is 10 portion of saving bank deposits, staff security deposits,
years. margins against LC not payable on demand, deposit held as
securities for advances&India Dev Bonds.
INTEREST RATE ON BANK ACOUNTS
A) Some points related to Interest Rates on Bank NEGOTIABLE INSTRUMENTS ACT 1881
Accounts {Differential rate of interest (DRI)} In India the Negotiable Instruments Act was passed during
Interest on Savings A/c is calculated on daily balance 1881 which came into force wef March 01, 1882.
basis.
Now, All SCBs (Excluding RRBs) have the discretion to CHEQUE
offer differential interest rates based on whether the term A cheque is (a) a bill of exchange (b) drawn on a specified
deposits are with or without-premature-withdrawal- bank&(c) not expressed to be payable otherwise than on
facility, subject to the following guidelines: demand. It includes electronic image of a truncated
a) All term deposits of individuals (held singly or jointly) cheque&also an electronic cheque.
of Rs.15 lakh&below should, necessarily, have
premature withdrawal facility. AMOUNT OF A CHEQUE
b) For all term deposits other than (i) above, banks can offer Where amount of a cheque differs in words&figures, as per
deposits without the option of premature withdrawal as Section 18, amount written in words should be paid
well. irrespective of the fact, which amount is less or more.
c) Banks should disclose in advance the schedule of
interest rates payable on deposits i.e. all deposits Types of Cheque
mobilized by banks should be strictly in conformity with 1. Bearer Cheque or open Cheque
the published schedule. When the words "or bearer" appearing on the face of the
cheque are not cancelled, the cheque is called a bearer
B) Taxation of Savings Bank Interest rates: cheque. The bearer cheque is payable to the person
Unlike interest on fixed deposits, interest earned on specified therein or to any other else who presents it to the
savings bank accounts is not subject to Tax Deduction at bank for payment.
Source. However, this does not mean the interest earned 2. Order Cheque
on Savings accounts is completely tax free. It is exempt When the word "bearer" appearing on the face of a cheque
uptoRs. 10,000 in a year,&if the interest you earn from is cancelled & when in its place the word "or order" is
Savings accounts crosses this threshold, it becomes written on the face of the cheque, the cheque is called an
subject to tax. order cheque. Such a cheque is payable to the person
specified therein as the payee, or to any one else to whom it
Inoperative & Dormant Accounts is endorsed (transferred).
RBI clarified on 30.10.09 that SB account can be treated as
inoperative account only after 2 years from the date of the 3. Crossed Cheque
last credit entry of interest on Fixed Deposit account, where Crossing of cheque means drawing two parallel lines on the
FD interest is being credited to SB account or where face of the cheque with or without additional words like "&
dividend on shares is being credited). CO." or "Account Payee" or "Not Negotiable". A crossed
cheque cannot be encashed at the cash counter of a bank but
TERMS RELATING TO DEPOSITS it can only be credited to the payee's account.
Unclaimed Deposits: The banks are to furnish to RBI a
statutory annual return (penalty for delay) for unclaimed 4. Ante-Dated Cheque
accounts which have not been operated for a period of 10 If a cheque bears a date earlier than the date on which it is
years or more in December every year u/s 26 of RBI Act. presented to the bank, it is called as "ante-dated cheque".
Demand liabilities Such a cheque is valid upto 3 months from the date of the
cheque.

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5. Post-Dated Cheque lines will not constitute crossing. Such instruments should
If a cheque bears a date which is yet to come (future date) not be paid as drawer’s mandate is not clear.
then it is known as post-dated cheque. A post dated cheque Crossing is applicable in case of cheques & demand
cannot be honoured earlier than the date on the cheque. draftonly & does not cover BOE or promissory note.

6. Stale Cheque TYPES OF CROSSING


If a cheque is presented for payment after 3 months from General crossing (sec 123)
the date of the cheque it is called stale cheque. A stale General crossing is where a cheque bears across its face two
cheque is not honoured by the bank. parallel transverse lines (with or without words such as “&
co” or any abbreviation. (Words not important, lines are).
7. A self cheque Special crossing (sec 124)
A self cheque is written by the account holder as pay self to Where a cheque bears across its face, name of bank, either
receive the money in the physical form from the branch with or without the words not-negotiable (lines are not
where he holds his account. important, the addition of name of the bank is important),
that addition shall be deemed as special crossing & the
8. “A truncated cheque” means a cheque which is truncated cheque be considered to be crossed specially to banker.
during the course of a clearing cycle, either by the clearing
house or by the bank whether paying or receiving Special Crossing in favour more than one bank
payment, immediately on generation As per Section 127, if a cheque is crossed specially to more
of an electronic image for transmission. than one bank (unless one bank is acting as collecting agent
The expression “clearing house” means the clearing house to another), the payment shall be refused. A cheque crossed
managed by the RBI or a clearing house recognised as such to two or more branches of the same bank is considered to
by the RBI.’ be crossed to one bank only.

Parties of a Cheque: Not negotiable crossing


There are three parties to the cheque As per Section 130, a person taking a cheque crossed
Drawer or Maker generally or specially bearing the words ‘not negotiable’
The bank - on whom the cheque is drawn (i.e. the bank shall not have not be capable of giving a better title to the
with whom the account is maintained by the drawer) cheque than that, which ther p erson from whom he took it,
Payee – Payee is the person whose name is mentioned on had.
the chequeto whom or to whose order the money is
directed to be paid. Demand Drafts
Demand draft is defined as per Section 85 (a) of NI Act 1881
ENDORSEMENT as an order to pay money drawn by one office of a bank
As per Section 15, endorsing means signing on the face or upon another office of the same bank for a sum of money
backside of an instrument (or even on a paper called payable to order on demand.
Allonge or stamped paper), for the purpose of negotiating Important features of a demand draft are:
(transferring to next person) a negotiable instrument. It is payable to order on demand (85-A NI Act).
Endorsement in full It cannot be issued as payable to bearer (Sec. 31 RBI
If an endorser signs his name&adds a direction to pay the Act).
amount mentioned in the instrument to, or to order of, a If a bank fails to honour a bank draft, it renders itself
specified person, the endorsement is said to be in full. Blank liable for damages. Similarly, omission of signatures or
endorsements can be converted into full. wrong signatures can also make the bank liable.
By prior arrangement, the paying bank could be a
Restrictive endorsement different bank also.
Where an endorsement prohibits & restricts further
negotiability of the instrument, it is called restricted BANKING OMBUDSMAN SCHEME 2006
endorsement. The Scheme enables a bank customer for filing of
The words ‘Pay to Ashish only’ or ‘Pay to Ashish for my complaints relating to certain services rendered by banks.
use’ or ‘Pay to Ashish for account of B’, are the cases of 1) The Banking Ombudsman is a senior official appointed
restrictive endorsement. by the Reserve Bank of India to redress customer
Crossing complaints against deficiency in certain banking
Crossing of a cheque means two parallel transverse lines on services.
the face with or without words, such as ‘& Co’, ‘not-
negotiable’, ‘payee’s account only’ etc. The words without

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2) All Scheduled Commercial Banks, Regional Rural The RBI in 2005-06 called upon Indian banks to design
Banks&Scheduled Primary Co-operative Banks are a ‘no frills account’ – a no precondition, low ‘minimum
covered under the Scheme. balance maintenance’ account with simplified KYC
3) The Banking Ombudsman does not charge any fee for (Know Your Customer) norms.
filing&resolving customers’ complaints. But all the existing ‘No-frills’ accounts opened were
4) The maximum compensation which a BO can help a converted into BSBDA in compliance with the
complainant to get is Rs. 20 lakhs. guidelines issued by RBI in 2012.
5) If a complaint is not settled by an agreement within a
period of one month, the BO proceeds further to pass BSBDA
an award. Before passing an award, the BO provides In 2012, RBI introduced BSBDA. Some important points are:
reasonable opportunity to the complainant&the bank, This account shall not have the requirement of any
to present their case. minimum balance.
6) If one is not satisfied with the decision passed by the The services available in the account will include:
BO, one can approach the appellate authority who is the deposit&withdrawal of cash at bank branch as well as
Deputy Governor of the RBI. ATMs; receipt/credit of money through electronic
payment channels or by means of deposit/collection of
FINANCIAL INCLUSION cheques drawn by Central/State Govt. agencies &
Financial inclusion involves departments;
1) Give formal banking services to poor people in urban & While there will be no limit on the number of deposits
rural areas. that can be made in a month, account holders will be
2) Promote habit of money-savings, insurance, pension- allowed a maximum of four withdrawals in a month,
investment among poor-people. including ATM withdrawals.
3) Help them get loans at reasonable rates from normal Facility of ATM card or ATM-cum-Debit Card.
banks. So they don’t become victims in the hands of local
moneylender. Business Correspondent
BCs are bank representatives. They personally go to area
Some Important initiatives for Financial Inclusion allotted to them&carry out banking. They help villagers to
Lead banking scheme (LBS). open bank accounts, in banking transactions etc.
No frills account. Business Correspondents get commission from bank for
BSBDA every new account opened, every transaction made via
Business Correspondents (BC) system. them, every loan-application processed etc.
Swabhiman Campaign
PMJDY LENDING RATES
Base Rate
Lead Bank Scheme RBI decided that banks should switch over to Base Rate
Lead Bank Scheme, introduced towards the end of system w.e.f. 1.7.2010.
1969, envisages assignment of lead roles to individual Banks may determine their actual lending rates w.r.t.
banks (both in public sector&private sector) for the Base Rate.
districts allotted to them. No loan can be sanctioned below base rate.
A bank having a relatively large network of branches in Exempted accounts: The following loans could be
the rural areas of a given district&endowed with priced without reference to Base Rate: (a) DRI loans (b)
adequate financial&manpower resources has generally loans to banks’ own employees (c) loans to banks’
been entrusted with the lead responsibility for that depositors against their own deposits.
district. Accordingly, all the districts in the country
have been allotted to various banks. Marginal Cost Based Lending Rate
The lead bank acts as a leader for coordinating the RBI introduced MCLR w.e.f. 1.4.2016 to determine Base
efforts of all credit institutions in the allotted districts. Rate by banks to improve the efficiency of monetary
policy transmission.
No Frill Account All rupee loans sanctioned&credit limits renewed w.e.f.
'No Frills 'account is a basic banking account. Such 01.04.16 to be priced w.r.t. MCLR. It will be internal
account requires either nil minimum balance or very benchmark.
low minimum balance. Charges applicable to such The MCLR comprises of (a) Marginal cost of funds; (b)
accounts are low. Negative carry on account of CRR; (c) operating costs;
(d) Tenor premium.

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Marginal Cost of funds (MCF): It has 2 components (a) The following loans can be priced without being linked
Marginal cost of borrowings (b) return on networth. to MCLR :
By using MCF, it will be calculated as: a) Loan to depositors against their own deposits.
Required CRR × (marginal cost) / (1-CRR) b) Loan to banks’ employees&Chief Executive
Officer/Whole Time Directors.
Exemptions from MCLR c) Loans linked to a market determined external
loans under schemes of Govt. of India wherein banks benchmark.
have to charge interest rate as per the scheme. d) Fixed rate loans. In case of hybrid loans where the
Working Capital Term Loan, Funded Interest Term interest rates are partly fixed&partly floating, interest
Loan etc. as part of rectification/restructuring package. rate on the floating portion should adhere to the MCLR
Loans under various refinance schemes of Govt. of guidelines.
India or any Govt. Undertaking wherein banks charge
interest at the rates prescribed under the schemes.

HANDY NOTES BANKING: PRIORITY SECTOR LENDING


It means provide credit to the needy sectors of the society. Small Enterprises More than ten lakh rupees but does
The sectors are: not exceed two crore rupees
• Agriculture • Micro&Small Enterprises Medium More than two crore rupees but
• Education • Housing Enterprises does not exceed five crore rupees
• Export • Weaker Sections
• Social Infrastructure • Renewable Energy Other Targets under PSL
Farmers with landholding of up to 1 hectare are
Targets under PSL considered as Marginal Farmers. Farmers with a
Agriculture: 18% of ANBC (Adjusted Net Bank Credit). landholding of more than 1 hectare & upto 2 hectares
Out of this 18%, a target of 8% of ANBC is for Small & are considered as Small Farmers.
Marginal Farmers, to be achieved in a phased manner SCB having any shortfall in lending to priority sector
i.e., 7% by March 2016 & 8% by March 2017. shall be allocated amounts for contribution to Rural
Weaker Sections: 10 % of ANBC. Infrastructure Development Fund with NABARD.
Micro Enterprises: 7.5% of ANBC has been prescribed For Renewable Energy, bank loans up to a limit of Rs.15
for Micro Enterprises, to be achieved in a phased crore to borrowers for purposes like solar based power
manner i.e. 7% by March 2016 & 7.5% by March 2017. generators, etc. For individual households, the loan
Overall PSL Target for Domestic Bank/Foreign Bank limit will be Rs.10 lakh per borrower.
with more than 20 Branches: 40% of ANBC. For Housing, banks can provide loans to individuals up
Overall PSL Target for Foreign Bank with less than 20 to Rs. 28 lakh in metropolitan centres (with population
Branches: 40% of ANBC to be achieved in phased of ten lakh&above) & loans up to Rs. 20 lakh in other
manner centres for purchase/construction of a dwelling unit
2017-18 36 per family.
2018-19 38 Export credit will be allowed up to 32% of ANBC for
2019-20 40 Foreign banks with less than 20 branches in India.
For Education, banks can provide loans to individuals
Categorization of MSME according to MSME ACT 2006 for educational purposes including vocational courses
Manufacturing Sector (Goods) uptoRs. 10 lakh for studies in India&Rs. 20 lakh for
Enterprises Investment in plant&machinery studies abroad.
Micro Does not exceed twenty five lakh rupees Limits under Social infrastructure Bank loans up to a
Enterprises limit of Rs.5 crore per borrower for building social
Small More than twenty five lakh rupees but infrastructure for activities namely schools, health care
Enterprises does not exceed five crore rupees facilities, drinking water facilities&sanitation facilities
Medium More than five crore rupees but does not in Tier II to Tier VI centres.
Enterprises exceed ten crore rupees
Monitoring of Priority Sector Lending targets
Service Sector To ensure continuous flow of credit to priority sector, there
Enterprises Investment in equipment will be more frequent monitoring of priority sector lending
compliance of banks on ‘quarterly’ basis instead of annual
Micro Enterprises Does not exceed ten lakh rupees
basis as of now.

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Non-achievement of Priority Sector targets The amount of loan is based on several factors:
Scheduled Commercial Banks having any shortfall in Borrower’s age,
lending to priority sector shall be allocated amounts for Value of the property
contribution to RIDF established with NABARD&other Current interest rates &
Funds with NABARD/NHB/SIDBI, as decided by the The specific plan chosen.
Reserve Bank from time to time. As per the scheme formulated by National Housing Bank
The interest rates on banks’ contribution to RIDF or any (NHB), the maximum period of the loan period is 15 years.
other Funds, tenure of deposits, etc. shall be fixed by The residual life of the property should be at least 20 years.
Reserve Bank of India from time to time. Where the borrower lives longer than 15 years, periodic
payments will not be made by lender. However, the
borrower can continue to occupy.

MONEY MARKET
It is a market for short-term debt securities, such as
commercial paper, repos, negotiable certificates of
deposit,&Treasury Bills with a maturity of one year or less.

CAPITAL MARKETS IN INDIA


It is the market for long term funds. It refers to all the
facilities & institutional arrangements for borrowing &
lending medium & long term funds.
RBI revises priority sector lending norms for RRBs
Salient features of the guidelines:- Money Market VS Capital Market
Targets: 75 % of total outstanding to the sectors eligible Money Market Capital Market
for classification as priority sector lending.
Market for short term Market for long term
Categories of the Priority Sector: Medium Enterprises,
financial assets financial assets
Social Infrastructure&Renewable Energy will form part
Maturity period less than Maturity period beyond
of the Priority Sector, in addition to the existing
one year one year
categories, with a cap of 15% of total outstanding.
Deals over the counter Deals at stock exchange
Agriculture: 18% of total outstanding should be
No. of players limited No. of players unlimited
advanced to activities mentioned under Agriculture.
Regulated by RBI Regulated by SEBI
Small & Marginal Farmers: A target of 8% of total
outstanding has been prescribed for Small&Marginal
Major money market Instruments
Farmers within Agriculture.
Certificate of Deposit (CD)
Micro Enterprises: A target of 7.5 % of total
Commercial Paper (CP)
outstanding has been prescribed for Micro Enterprises.
Inter Bank Participation Certificates
Weaker Sectors: A target of 15 % of total outstanding
Inter Bank term Money
has been prescribed for Weaker Sections. Treasury Bills
Monitoring: Priority Sector Lending will be monitored Bill Rediscounting
on a quarterly as well as annual basis. Call/Notice Money
Note: The revised guidelines will be operational with effect
from Jan 2016. Terms relating to Money Market
Call Money Money lent or borrowed for one day
REVERSE MORTGAGE LOAN
Notice Money Money lent or borrowed for a period of
The scheme of reverse mortgage has been introduced for
2-14 days.
the benefit of senior citizens owning a house but having
Term Money Money lent or borrowed for 15 daysto 1
inadequate income to meet their needs. Some important
year.
features of reverse mortgage are:
Yield to Expected rate of return on an existing
A homeowner who is above 60 years of age is eligible
maturity security purchased for the market.
for reverse mortgage loan. It allows him to turn the
Coupon Rate Specified interest rate on a fixed
equity in his home into one lump sum or periodic
maturity security fixed at the time of
payments mutually agreed by the borrower&the banker.
issue.
NO REPAYMENT is required as long as the borrower
lives, Borrower should pay all taxes relating to the
CALL/NOTICE MONEY MARKET OPERATIONS
house&maintain the property as his primary residence.

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Under call money market, funds are transacted on WMAs were introduced as per an agreement between
overnight basis & under notice money market, for 2 RBI & Govt.
days to 14 days. WMAs are temporary overdrafts by RBI to govt. (Central
Participants include banks (excluding RRBs) & Primary & State) under Section 17(5) of RBI Act. WMSs replaced
Dealers (PDs), both as borrowers & lenders. Non-bank the earlier ad hoc T-Bills system.
institutions are not permitted in the call/notice money WMAs bridge the time interval of mismatch between
market with effect from August 6, 2005. govt. expenditure&receipts.
Calculation of interest payable is based on FIMMDA’s Duration: 10 consecutive working days for Central
(Fixed Income Money Market & Derivatives Govt.&14 days for State Govt.
Association of India) Handbook of Market Practices.
OTHER MONEY MARKET INSTRUMENTS
INSTRUMENT OF GOVT. BORROWING
To meet the temporary receipt & expenditure CERTIFICATE OF DEPOSIT
mismatch, govt. obtains over draft from RBI under This scheme was introduced in July 1989, to enable the
Ways & Means Advances. For short term liquidity, it banking system to mobilize bulk deposits from the
issues cash management bills, treasury bills of 91 days, market, which they can attract at competitive rates of
182 days & 364 days maturity. For long term funds, it interest.
uses dated securities in the form of bonds/long term Who can Scheduled commercial banks (except
loans. issue RRBs) & All India Financial Institutions
within their ‘Umbrella limit’.
TREASURY BILLS CRR/SLR Applicable on the issue price in case of
These are the instruments (in the form of promissory banks
notes) of short term borrowing by the Central govt., Individuals (other than minor),
Investors
first issued in India in 1917. corporations, companies, trusts, funds,
TBs can be purchased by any one (including associations etc.
individuals) except State govt.
Maturity Min: 7 daysMax : 12 Months (in case of
Minimum amount of face value Rs. 25000 & in
FIs minimum 1 year&maximum 3 years).
multiples thereof.
Maturity: 91 days, 182 days & 364 days. Amount Min: Rs. 1 lac, beyond which in multiple
Treasury bills are zero coupon securities. They are of Rs. 1 lac
issued at a discount&redeemed at face value at Int. Rate Market related. Fixed or floating
maturity. Loan Against collateral of CD not permitted
Nature Usance Promissory note. Can be issued in
Cash Management Bills (CMB) Dematerialisation form only wef June 30,
CMB introduced on 11.08.11, is a short-term security to 2002
be sold by Govt. of India to raise temporary money for
cash management needs.
The tenure is less than 91 daysbut the notified
amount&date of issue depends upon the temporary
COMMERCIAL PAPER
cash requirement of the Govt.
i. CP introduced during 1990, is a short term money market
It is issued at discount to the face value through
instrument issued as an unsecured usance promissory
auctions, as in the case of the Treasury Bills.
note&privately placed.
ii. Who can issue Commercial paper (CP): Companies,
DATED SECURITIES
primary dealers (PDs)&all-India financial institutions (FIs).
These are long term securities & carry a fixed or
iii. A company is eligible to issue CP if:
floating coupon (interest rate) paid on the face value,
(a) Its tangible net worth, as per latest audited balance sheet,
payable at fixed time periods (half-yearly).
is not less than Rs. 4 crore.
The tenor of dated securities can be up to 40 years.
(b) Sanctioned working capital limit by bank/s or all-India
Public Debt Office of RBI acts as the
financial institution/s;
registry/depository of Govt. securities & deals with the
(c) The borrower accounts are classified as a Standard Asset
issue, interest payment & repaymentof principal at
by financing bank/s/ institution/s&‘
maturity.
(d) Minimum credit rating from SEBI approved credit
WAYS & MEANS ADVANCES (WMAs) rating agency (CRA) is A3.
iv. Maturity: Min 7 days & max upto one year

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v. Amount: Min Rs. 5 lakh or multiples thereof. income & subtracting liabilities & dividing the result by
the number of shares outstanding.
MERCHANT BANKING Open ended scheme: A scheme is the one which
Merchant banking stands for providing various services continuously offers its units&buys them back from
relation to capital market&financing the corporate sector. investors.
The Merchant Bankers provide consultancy to the corporate
sector on the issues like finance, capital
structure&investment, mergers, takeover&amalgamations,
establishing coordination between the govt.&the corporate
sector.

CAPITAL MARKETS IN INDIA


a) It refers to all the facilities & institutional arrangements
for borrowing&lendingmedium & long-term funds.
b) It is segregated into (i) gilt edged market&(ii) the
industrial securities market.
c) The gilt edged marketrefers to the market for govt. &
semi-govt. securities which are traded in the market in DICGC (Deposit Insurance & Credit Guarantee
stable value&are sought after by banks&other institutions. Corporation of India)
d) The industrial securities market refers to the market for 1. Which banks are insured by the DICGC?
shares&debentures of old as well as new companies. This All commercial banks including branches of foreign
market is further divided as primary market&secondary banks functioning in India, local area banks&regional
market. rural banks are insured by the DICGC.
The primary market refers to the setup which helps the 2. What does the DICGC insure?
industry to raise funds by issuing different types of It insures all deposits such as savings, fixed, current,
securities, which are issued directly to the investors, both recurring, etc. except the following types of deposits.
individual&institutions. (i) Deposits of foreign Govt.s;
The secondary market refers to the network for (ii) Deposits of Central/State Govt.s;
subsequent sale&purchase of securities, after these are (iii) Inter-bank deposits;
issued. (iv) Deposits of the State Land Development Banks
with the State co-operative bank;
INDIAN DEPOSITORY RECEIPTS (IDRs) (v) Any amount due on account of any deposit received
IDR is an instrument in the form of a Depository Receipt outside India
created by the Indian depository in India against the (vi) Any amount, which has been specifically exempted
underlying equity shares of the issuing company. In an IDR, by the corporation with the previous approval of
foreign companies would issue shares, to an Indian Reserve Bank of India.
companies would issue shares, to an Indian Depository 3. What is the maximum deposit amount insured by the
which would in turn issue depository receipts to investors DICGC?
in India. Each depositor in a bank is insured upto a maximum of
Rs.1,00,000 for both principal & interest amount held by
MUTUAL FUND TERMS him in the same capacity.
Asset Management Company: A company formed & 4. HQ: Mumbai Chairman: NS Vishwanathan
registered under the Companies Act 1956 & approved as
such by the SEBI to manage the funds of a mutual fund. NPA-Non-Performing Asset & SARFAESI
Under an agreement (with the trustees of the Mutual It means once the borrower has failed to make interest or
Fund), an AMC undertakes to formulated mutual funds principal payments for 90 days, the loan is considered to be
schemes, distribute income as per agreement. a non-performing asset.
Close-ended scheme: A scheme where funds are raised
for a fixed period. The scheme is wound up after that Criteria for classification of loan as NPA
period&funds are returned with capital appreciation to Farm Credit within Agriculture loans: A loan will be
unit holders. Normally, a close-ended scheme is listed on treated as an NPA if installment of the principal or
a stock exchange. interest remains unpaid beyond the due date for (a) two
Net asset value: The price of value of one share of a fund. crop seasons in case of short duration crops (maturing
It is calculated by summing the quoted values of all the within one year)&(b) one crop season for long duration
securities held by the fund, adding in cash & any accrued crops (maturing after one year). This would also be

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applicable, mutatis mutandis, to agricultural term loans. Hypothecation Pledge
In other agriculture loans, the 90 days norm would be Defined in SARFAESI Act 2002 Indian Contract Act
applicable. (Sec 2 n) 1872 (section 172)
Definition Charge on movable Bailment of goods
SARFAESI Act & Rules property in favour as security for
SARFAESI Act (The Securitization&Reconstruction of of secured creditor payment of a debt
Financial Assets & Enforcement of Security Interest Act, without delivery of or performance of
2002) was enacted to regulate securitization & possession promise
reconstruction of financial assets & enforcement of security Parties: Hypothecator Pledger / pawner
interest created in respect of Financial Assets to enable -Borrower Hypothecate Pledger / pawnee
realization of such assets. -Bank
The Act provides for the manner for enforcement of Nature of Movable assets Goods
security interests by a secured creditor without the securities such as stocks,
intervention of a court or tribunal. machinery, vehicles
If any borrower fails to discharge his liability in repayment Possession Borrower (in trust Possession with
of any secured debt within 60 days of notice from the date for bank). Bank bank till repayment
of notice by the secured creditor, the secured creditor is cannot take of the loan. Bank
conferred with powers under the SARFAESI Act to possession without has to preserve the
a) Takes possession of the secured assets of the borrower, consent of the goods
including transfer by way of lease, assignment or sale, borrower. On carefully&return
for realizing the secured assets taking possession the same, if loan is
b) Takeover of the management of the business of the bank gets rights of repaid.
borrower including the right to transferby way of lease, pledge&can sell the
assignment or sale for realizing the secured assets, assets without
c) Appoint any person to manage the secured assets intervention.
possession of which is taken by thesecured creditor, and
d) Require any person, who has acquired any of the MORTGAGE
secured assets from the borrower andfrom whom As per section 58 of Transfer of Property Act 1882, mortgage
money is due to the borrower, to pay the secured is transfer of interest in specific immovable property for the
creditor so much of the money as if sufficient to pay the purpose of securing the payment of money advanced or to
secured debt. be advanced by way of loan, an existing or future debt or
the performance of an engagement which may give rise to
The assets portfolio of the banks is required to be pecuniary liability.
classified as
(1) standard assets (2) sub-standard assets ATM
(3) doubtful assets (4) loss assets. Q.1 What is an Automated Teller Machine (ATM)?
Standard asset is one that does not disclose any Ans. Automated Teller Machine is a computerized machine
problems&which does not carry more than normal risk that provides the customers of banks the facility of
attached to the business. accessing their account for dispensing cash&to carry out
An asset which has been classified as NPA for a period other financial & non-financial transactions without the
not exceeding 12 months is considered as sub-standard need to actually visit their bank branch.
asset.
Doubtful asset is one which has remained NPA for a Q.2 What is White Label ATMs (WLAs)?
period exceeding 12 months. Ans. ATMs set up, owned&operated by non-banks are
An asset which is considered uncollectible&loss has been called White Label ATMs. Non-bank ATM operators are
identified by the bank or internal or external auditors or authorized under Payment & Settlement Systems Act, 2007
the RBI inspection&the loss has not been written off is by the Reserve Bank of India.
regarded as loss asset.
Q.3. Is there any time limit for the card issuing banks for
What is pledge: U/s 172 of Indian Contracts Act, pledge is recrediting the customers account for a failed ATM/WLA
bailment (delivery) of goods as security for payment of a transaction?
loan. Only goods (movable assets excluding actionable Ans. As per the RBI instructions, banks have been
claims (Sec 2(7) of Sales of Goods Act) can be pledged. mandated to resolve customer complaints by re-crediting
the customer’s account within 7 working days from the date
HYPOTHECATION/PLEDGE-DISTINCTION of complaint.

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2. These notes can be exchanged at select bank branch till
Q.4. Are the customers eligible for compensation for 30.06.16.
delays beyond 7 working days?
Ans. Yes. Effective from July 1, 2011, banks have to pay NATIONALISATION OF BANKS
compensation of Rs. 100/- per day for delays in re-crediting Nationalisation of Imperial Bank of India&its conversion
the amount beyond 7 working days from the date of receipt into State Bank of India in July 1955.
of complaint for failed ATM transactions. The Conversion of 8 major State-associated banks into
compensation has to be credited to the account of the subsidiary banks of SBI in 1959.
customer without any claim being made by the customer. If Nationalisation of 14 Indian scheduled banks in July 1969.
the complaint is not lodged within 30 days of transaction, Nationalisation of 6 more banks in April 1980 & New
the customer is not entitled for any compensation for delay Bank of India merged into Punjab National Bank.
in resolving his / her complaint.
TRANSFER SYSTEM IN BANKING SECTOR
CURRENCY IN INDIA
Money as a means of payment consists of coins, paper Real Time Gross Settlement (RTGS)
money & withdrawable bank deposits. RTGS implemented w.e.f. 26.03.2004 is a centralized
Legal tender: As per provisions of coinage Act 1996, bank payment system operated by RBI. In RTGS inter-bank
notes, currency notes&coins (Rs. 1&above) are legal tender payment instructions are processed & settled, on gross
for unlimited amount. The subsidiary coins (below Re 1) are basis in a real time environment.
legal tenders for sum not exceeding Re 1. Issue of 1, 2&3 It uses Indian Financial Network (INFINET) & SFMS
paise coins discontinued wef Sep 16, 1981. platforms. RTGS is regulated by RTGS System
Regulations, 2013.
What do you know by currency chest?
Currency chests are operated by RBI so that they can National Electronic Funds Transfer (NEFT)
provide good quality currency notes to the public. RBI operationalisedNEFTSystem in Nov 2005. It facilitates
However, RBI has appointed commercial banks to transfer of funds from any bank branch to any other bank
open&monitor currency chests on behalf of RBI. The cash branch.
kept in currency chests is considered to be kept in RBI. Amount: There is no lower/upper value limit.
Bank account: NEFT is an account to account transfer
What is a small coin depot? system. The remitter&beneficiary should have a bank
The bank branches are also authorised to establish Small account.
Coin Depots to stock small coins. The Small Coin Depots
also distribute small coins to other bank branches in their Processing Charges/Service Charges
area of operation. 1. Banks cannot levy any charges for inward NEFT,
2. For outward NEFT: Up to Rs. 10000 = Rs. 2.50, above Rs.
What are soiled, mutilated&imperfect banknotes? 10000 to Rs. 1 lac = Rs. 5. Above Rs. 1 lac to Rs. 2 lac =
"Soiled note" means a note which, has become dirty due Max Rs. 15&above Rs. 2 lac = Max Rs. 25 (w.e.f.
to usage & also includes a two piece note pasted together 13.07.2012).
wherein both the pieces presented belong to the same CENTRALIZED FUNDS MANAGEMENT SYSTEMS
note, & form the entire note. (CFMS)
Mutilated banknote is a banknote, of which a portion is CFMS was operated & maintained by RBI to enable
missing or which is composed of more than two pieces. operations on current accounts maintained at various
Imperfect banknote means any banknote, which is offices of the RBI, through standard message formats in a
wholly or partially, obliterated, shrunk, washed, altered secure manner.
or indecipherable but does not include a mutilated
banknote. NEPAL REMITTANCE SCHEME
It is a cross-border one-way remittance facility scheme, for
Pre-2005 series Banknotes remittance from India to Nepal.
The banknotes issued before 2005 MG series are called pre- Amount: Up to Indian Rs. 50,000 from NEFT branches.
2005 series banknotes, which do not have the year of Beneficiary will receive funds in Nepalese rupees.
printing on the reverse side. On Jan 23, 2014, RBI decided to
withdraw, from circulation, these notes as they have fewer CORE BANKING SOLUTIONS
security features. Core Banking Solutions (CBS) or Centralised Banking
1. These notes shall continue to be legal tender. The notes Solutions is the process which is completed in a centralized
are only being withdrawn from circulation. environment i.e. under which the information related to the

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customer’s account (i.e. financial dealings, profession, Loans up to Rs.100 lakh can be extended against
income, etc.) is stored in the Central Server of the bank (that security of funds held in NRE Account either to the
is available to all networked branches) instead of the branch depositors or third parties.
server.
Foreign Currency Non-Resident (Bank) Account – FCNR
Accounts for Foreign (Currency/Person) in India (B) Account
a) NRO A/c (Foreign Tourist) FCNR (B) accounts are only in the form of term deposits
Foreign tourists during their short visit to India can of 1 to 5 years
open a Non-Resident (Ordinary) Rupee (NRO) account Account can be in any freely convertible currency.
(Current / Savings) with any Authorised Dealer bank Loans up to Rs.100 lakh can be extended against
dealing in foreign exchange. security of funds held in FCNR (B) deposit either to the
Can be opened up to a maximum period of 6 months. depositors or third parties.
All payments to residents exceeding INR 50,000 can be The interest rates are stipulated by the Department of
made only by means of cheques / pay orders / DDs. Banking Operations & Development, RBI.

b) EEFC A/c How Ranting done to Banks in India


Exchange Earners' Foreign Currency Account (EEFC) is RATING OF BANKS
an a/c maintained in foreign currency with Authorised RBI’s 1995 working group headed by Sh. S. Padmanabhan
Dealer. suggested method for rating.
It is a facility provided to foreign exchange earners, RBI rates the banks on a 5 point scale of A to E, widely on
including exporters, to credit 100% of their foreign the lines of international CAMELS rating model for
exchange earnings to the a/c, so that the account domestic banks&CALCS model for foreign banks.
holders do not have to convert foreign exchange into
Rupees, thereby minimizing the transaction costs. CAMELS Rating for Domestic Banks
All categories of foreign exchange earners, such as C Capital adequacy ratio
individuals, companies, etc. who are resident in India, A Asset quality
may open EEFC accounts. M Management Effectiveness
It can be held only in the form of a current account. No E Earning (i.e. profitability)
interest is payable on EEFC accounts. L Liquidity (asset-liability management)
S System&controls
ACCOUNTS FOR NRI/PIO
Non-Resident Ordinary Rupee Account (NRO Account) Rating parameters for foreign banks
NRO accounts may be opened / maintained in the form C Capital adequacy ratio
of current, savings, recurring or fixed deposit accounts. A Asset quality
Interest rates offered by banks on NRO deposits cannot L Liquidity
be higher than those offered by them on comparable C Compliance
domestic rupee deposits. S System&controls
Account should be denominated in Indian Rupees.
NRI/PIO may remit from the balances held in NRO BASEL-3 NORMS
account an amount not exceeding USD one million per Basel Committee is the primary global standard-setter for
financial year, subject to payment of applicable taxes. the prudential regulation of banks & provides a forum for
The limit of USD 1 million per financial year includes cooperation on banking supervisory matters.
sale proceeds of immovable properties held by Its mandate is to strengthen the regulation, supervision &
NRIs/PIOs. practices of banks worldwide with the purpose of
enhancing financial stability.
Non-Resident (External) Rupee Account (NRE Account)
Stefan Ingves, Governor of Sveriges Riks bank
NRE account may be in the form of savings, current,
(SWEDEN), is the Chairman of the Basel Committee.
recurring or fixed deposit accounts.
Basel III or Basel 3 released in December, 2010 is the third
Account will be maintained in Indian Rupees.
in the series of Basel Accords. These accords deal with risk
Accrued interest income&balances held in NRE
management aspects for the banking sector.
accounts are exempt from Income tax.
According to Basel Committee on Banking Supervision
Authorised dealers/authorised banks at their
"Basel III is a comprehensive set of reform measures,
discretion allow for a period not more than two weeks,
developed by the Basel Committee on Banking Supervision,
overdrawings in NRE savings bank accounts, up to a
limit of Rs. 50,000.

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to strengthen the regulation, supervision&risk iii. Deposit insurance facility of Deposit Insurance &
management of the banking sector". Credit Guarantee Corporation is not available to
Basel 3 measures aim to: depositors of NBFCs, unlike in case of banks.
a) Improve the banking sector's ability to absorb shocks Register with RBI:
arising from financial & economic stress, whatever the A company incorporated under the Companies Act,
source 1956&desirous of commencing business of non-banking
b) Improve risk management & governance financial institution as defined under Section 45 I(a) of the
c) Strengthen banks' transparency & disclosures. RBI Act, 1934 should comply with the following:
a) It should be a company registered under Section 3 of the
Three Pillars of Basel 3 companies Act, 1954
b) It should have a minimum net owned fund of Rs 200
Pillar 1: Minimum Regulatory Capital Requirements lakh.
based on Risk Weighted Assets (RWAs):
Maintaining capital calculated through credit, Deposits in NBFC:
market&operational risk areas (mainly that capital a) Presently, the maximum rate of interest an NBFC can
which can absorb risk.) offer is 12.5%. The interest may be paid or compounded
at rests not shorter than monthly rests.
Pillar 2: Supervisory Review Process: b) NBFCs are allowed to accept / renew public deposits
Regulating tools&frameworks for dealing with for a minimum period of 12 months & maximum period
peripheral risks that bank face. of 60 months. They cannot accept deposits repayable on
demand.
Pillar 3: Market Discipline: c) The deposits with NBFCs are not insured.
Increasing the disclosures that banks must provide to d) The repayment of deposits by NBFCs is not guaranteed
increase the transparency of banks by RBI.

Important Facts related to BASEL 3 TYPES OF MONEY


Minimum Ratio of Total Capital To RWAs--10.50% Commodity Money - Commodity money value is derived
from the commodity out of which it is made. The
Minimum Ratio of Common Equity to RWAs--4.50% to commodity itself represents money, & the money is the
7.00% commodity.
Tier I capital to RWAs--6.00% Representative Money - is money that includes token
Core Tier I capital to RWAs--5.00% coins, or any other physical tokens like certificates, that can
Capital Conservation Buffers to RWAs--2.50% be reliably exchanged for a fixed amount/quantity of a
Leverage Ratio--3.00% commodity like gold or silver.
Countercyclical Buffer--0% to 2.50% Fiat Money - Fiat money, also known as fiat currency is the
money whose value is not derived from any intrinsic value
NBFC or any guarantee that it can be converted into valuable
Non-Banking Financial Company (NBFC) is a company commodity (like gold). Instead, it derives value only based
registered under the Companies Act, 1956 engaged in the On govt. order (fiat)
business of loans & advances, acquisition of Commercial Bank Money - Commercial bank money or the
shares/stocks/bonds/debentures/securities issued by demand deposits are claims against financial institutions
Govt. or local authority or other marketable securities of a which can be used for purchasing goods & services.
like nature, leasing, hire-purchase, insurance business, chit
fund business. Reserve Money (M 0)
Currency in circulation + Bankers‘ ‘deposits with the RBI +
Difference between BANK & NBFC: ‘Other’ deposits with the RBI = Net RBI ‘credit to the Govt.
NBFCs lend & makeinvestments & hence their activities are + RBI credit to the commercial sector + RBI's claims on
akin to that of banks; however there are a few differences as banks + RBI's net is foreign assets + Govemment’s currency
given below: liabilities to the public - RBI's net non-monetary liabilities.
i. NBFC cannot accept demand deposits; M1=Currency with the public + Demand deposits with the
ii. NBFCs do not form part of the payment banking system + 'Other' deposits with the RBI
&settlementsystem&cannot issue cheques drawn on M2=M1 + Savings deposits of office savings banks.
itself; M3=M1+ Time deposits with the banking system
= Net bank credit to the Govt. + Bank credit to the
Commercial sector + Net foreign assets of the banking

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sector + Goveinment’s currency liabilities to the public - Net 36. IMPS - Interbank Mobile Payment Service (IMPS) or
non-monetary liabilities of the banking sector. Immediate Payment Service
M4=M3 +All deposits with post office savings banks 37. CDR- Corporate Debt Restructuring
(excluding National Savings Certificates) 38. CAD- Capital Account Deficit
39. REITs: Real Estate Investment Trusts
Note: 40. InvITs: Infrastructure Investment Trusts
Bhartiya Reserve Bank Note Mudran Private Limited 41. ALM- Asset Liability Management
(BRBNMPL) 42. ASBA: Application Supported by Blocked Amount
RBI established BRBNMPL in February 1995 as a wholly- 43. PIN: Personal Identification Number
owned subsidiary to augment the production of bank notes 44. CECA: Comprehensive Economic Cooperation
in India&to enable bridging of the gap between Agreement
supply&demand for bank notes in the country. 45. CEPA: Comprehensive Economic Partnership
Agreemeny
BANKING ABBREVIATIONS 46. DTAA – Double Taxation Avoidance Agreement
1. PSBs: Public Sector Banks 47. EFSF – European Financial Stability Facility
2. SNBCs: Schedule Non Commercial Banks 48. FINO- Financial Inclusion Network Operation
3. SENSEX: Sensitive Index Of Stock Exchange 49. FIPB – Foreign Investment Promotion board
4. KYC: Know Your Customer 50. FSLRC– Financial Sector Legislative Reforms
5. RTGS: Real Time Gross Settlement Commission
6. NEFT: National Electronic Fund Transfer 51. CRAR: Capital to Risk-weighted Assets Ratio
7. EFT: Electronic Fund Transfer 52. LCR: Liquidity Coverage Ratio
8. CBS: Core Banking Solutions 53. TARC - Tax Administration Reform Commission
9. LIBOR: London Interbank Offered Rate 54. GIRO - Govt. Internal Revenue Order
10. MIBOR: Mumbai Interbank Offered Rate 55. FRBMA: Fiscal Responsibility&Budget Management
11. MIBID: Mumbai Interbank Bid Rate Act
12. SARFAESI: Securitisation & Reconstruction Of 56. AMFI- Association of Mutual Fund in India.
Financial Assets & Enforcement Of Security Interest 57. TIEA – Tax Information exchange Agreement
13. CAR: Capital Adequecy Ratio 58. GAAR - General anti avoidance rule
14. FIIs: Foreign Institutional Investments 59. GSLV - Geo-Synchronous Launch Vehicle
15. MICR: Magnetic Ink Character Recognition 60. PPP – Public Private Partnership & Purchasing Power
16. BIRD: Bankers Institute Of Rural Development parity
17. IBA: Indian Bank Association 61. PSLV – Polar Satellite Launch vehicle
18. BPLR: Benchmark Prime Lending Rate 62. TAPI - Turkmenistan-Afghanistan-Pakistan-India.
19. SWOT: Strength, Weaknesses, Opportunities&Threats 63. QFI -Qualified Foreign Investors
20. SWIFT: Society For Worldwide Interbank Financial 64. AD-Authorized Dealer.
Telecommunication 65. ASSOCHAM-Associated Chambers of Commerce &
21. FERA: Foreign Exchange Regulatory Act Industry of India.
22. FEMA: Foreign Exchange Management Act 66. BCSBI-Banking Codes & Standards Board of India.
23. CASA: Current&Saving Account 67. BIS-Bank for International Settlements.
24. NDTL: Net Demand&Time Liabilities 68. CDS-Credit Default Swap.
25. NASDAQ: National Association For Securities Dealers 69. CEPA-Comprehensive Economic Partnership
Automated Quotations Management.
26. CRISIL: Credit Rating&Investment Services India 70. FIMMDA-Fixed Income Money MARKETS &
Limited Derivatives Association.
27. CIBIL: Credit Information Bureau Of India Limited 71. FPI-Foreign Portfolio Investment.
28. NAV: Net Asset Value 72. IBRD-International Bank for Reconstruction &
29. ICRA: Indian Credit Rating Agency Development.
30. CARE: Credit Analysis & Research Limited 73. UIDAI-Unique Identification Development Authority
31. WMAs: Ways & Means Advances of India.
32. ALM: Asset Liability Management 74. PMGSY- Pradhan Mantri Gram Sadak Yojana
33. INFINET Indian Financial Network 75. PMEGP- PM's Employment Generation Programme
34. OLTAS - On-line Tax Accounting System (OLTAS) for 76. NRDWP- National Rural Drinking Water Programme
Direct Taxes 77. PMKK- Pradhan Mantri Kaushal Kendras
35. TIN - Tax Information Network (TIN) 78. SANKALP- Skill Acquisition & Knowledge Awareness
for Livelihood Promotion programme

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79. STRIVE- Skill Strengthening for Industrial Value 3) What is NOSTRO Account?
Enhancement A Nostro account is maintained by an Indian Bank in the
80. NTA- National Testing Agency foreign countries.
81. ICDS- Integrated Child Development Services 4) What is VOSTRO Account?
82. TIES- Trade Infrastructure for Export Scheme A Vostro account is maintained by a foreign bank in India
83. FIPB- Foreign Investment Promotion Board with their corresponding bank.
84. CERT-Fin- Computer Emergency Response Team for 5) What is BCBS?
our Financial Sector Basel Committee on Banking Supervision is an institution
85. IRFC- Indian Railway Finance Corporation Limited created by the Central Bank governors of the Group of Ten
86. FFO- Further Fund Offering nations.
6) What is LIBOR?
London InterBank Offered Rate. An interest rate at which
banks can borrow funds, in marketable size, from other
banks in the London interbank market.
7) What is STRIPS?
Separate Trading for Registered Interest & Principal
Securities.
8) What do you mean by term “CASA” related to bank?
CASA stands for Current Account Savings Account. The
CASA ratio shows how much deposit a bank has in the form
of current&saving account deposits in the total deposit. A
higher CASA ratio means better operating efficiency of the
bank.
IMPORTANT BANKING TERMS Note: The CORE word in CBS stands for Centralized Online
Moral Suasion: Moral Suasion is just as a request by the RBI Realtime Exchange.
to the commercial banks to take so & so action & measures
in so & so trend of economy. RBI may request commercial IMPORTANT CODES USED IN BANKING
banks not to give loans for unproductive purpose which IFSC (Indian Financial System Code)
does not add to economic growth but increases inflation. Indian Financial System Code is an alpha-numeric code
Bouncing of a cheque: Where an account does not have that uniquely identifies a bank-branch participating in the
sufficient balance to honour the cheque issued by the NEFT system.
customer, the cheque is returned by the bank with the This is an 11 digit code with the first 4 alpha characters
reason "funds insufficient" or "Exceeds arrangement". This representing the bank, The 5th character is 0 (zero) & the
is known as 'Bouncing of a cheque'. last 6 characters representing the bank branch.
Demat Account: The term "demat", in India, refers to a For ex: PNBN0014976 :
dematerialised account for individual Indian citizens to First 4 character PNBN – refers to Punjab National Bank.
trade in listed stocks or debentures. 0 is a control number.
Capital Adequacy Ratio (CAR): Capital adequacy ratio Last six characters (014976) represents the branch
measures the amount of a bank’s capital expressed as a
%age of its credit exposure. Globally, the capital MICR – Magnetic ink character Recognition
adequacy ratio has been developed to ensure banks can MICR is 9-digit numeric code that uniquely identifies a
absorb a reasonable level of losses before becoming bank branch participating in electronic clearing scheme.
insolvent. Indian banks are expected to maintain a Used to identify the location of a bank branch.
minimum capital adequacy ratio of 9 % (Rs 9 as capital for City (3) Bank (3) Branch (3)
every Rs 100 in loan or asset) It is allotted to a bank branch is printed on the MICR band
of cheques. MICR used for electronic credit system.
IMPORTANT BANKING CONCEPTS
1) What is Balance of Trade? SWIFT Code: Society for Worldwide Interbank financial
The value of a country’s exports minus the value of its tele-communication
imports. Unless specified as the balance of merchandise India was 74th Nation to join SWIFT Network.
trade, it normally incorporates trade in services, including SWIFT Code is a standard format of bank Identifier code.
earnings (interest, dividends, etc.) on financial assets. This code is used particularly in International transfer of
2) What is Balance of Payments? money between banks.
A list of all of a country’s international transactions for a A majority of FOREX related message are sent to
given time period, usually one year. correspondent banks abroad through SWIFT.

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SWIFT Code consist 8 or 11 character when code is 8 digit, Green banking- Promoting environmental-friendly
It is referred to primary office. practices&reducing your carbon footprint from your
4 – bank code banking activities.
2 – country code Retail Banking- Retail banking refers to the division of
2 – location code a bank that deals directly with retail customers.
3 – branch code (optional) Wholesale banking-Wholesale banking is the
provision of services by banks to organisations such as
Headquarters of NATIONALIZED/PSBs BANKS Mortgage Brokers, large corporate clients, mid-sized
• Allahabad Bank-Kolkata companies, real estate developers&investors,
• Bank of India -Mumbai international trade finance businesses etc.
• Bank of Maharashtra -Pune Universal Banking
• Canara Bank -Bangalore R H Khan committee & recommended the concept of
• Central Bank of India -Mumbai Universal Banking. It means allowing Fls& banks to
• Corporation Bank -Mangalore undertake all types of banking or development
• Dena Bank -Mumbai financing activity, subject to compliance of
• Indian Bank- Chennai statutory&other requirements of RBI, Govt.& related
• Indian Overseas Bank- Chennai legal Acts.
• Oriental Bank of Commerce- Gurgaon Islamic Banking: An Islamic bank is a deposit-taking
banking institution whose scope of activities excluding
• Punjab National Bank- New Delhi
borrowing&lendingon the basis of interest.
• Punjab & Sind Bank- New Delhi
• State Bank of India- Mumbai
FINANCIAL INSTITUTIONS
• Syndicate Bank- Manipal
• UCO Bank- Kolkata National Bank for Agriculture&Rural Development
• Union Bank of India- Mumbai Established on 12th July 1982 on the recommendation
• United Bank of India- Kolkata of CRAFICARD committee (also called as
• Vijaya Bank- Bangalore SivaramanComittee)
• Andhra Bank- Hyderabad For Agricultural finance, It is the apex organization.
• Bank of Baroda- Vadodra Chairman: Dr. Harsha Kumar Bhanwala
• IDBI Bank- Mumbai Head Quarters: Mumbai
• IPPB- New Delhi Rural Infrastructure Development Fund (RIDF) is
operated by NABARD, instead in April 1995.
FINANCIAL REGULATORS NABARD is the "Micro-Finance Regulatory Authority"

Chit Funds Respective State Govt.s Small Industries Development Bank of India (SIDBI)
Insurance companies IRDA Small Industries Development Bank of India (SIDBI in
Housing Finance NHB short) was established in the year 1990 (Date : 2nd April
Companies 1990) under the Small Industries Development Bank of
India Act 1989 as a subsidiary of Industrial
Venture Capital Fund / SEBI
Development Bank of India.
Merchant Banking SEBI Chairman- Mohammad Mustafa
companies Head Quarters : Lucknow
Stock broking companies SEBI
Nidhi Companies Ministry of corporate Securities&Exchange Board of India (SEBI)
affairs, Govt. of India It is theregulator for the securitiesmarket in India. SEBI
was initiallyestablished as a non statutory body in April
TYPES OF BANKING 1988, to regulate theworking of stock exchange. Later
Para banking- When Bank provides banking services itwas given a statutory status onApril 1992 via SEBI
except the general banking facility. Act, 1992with the following objectives.
Narrow Banking- When banks invest its money in Chairman- Ajay Tyagi
govt. securities instead investing in market to avoid Head Quarters : Mumbai
risk.
Offshore Banking- Bank which accept currency of all REGIONAL RURAL BANK (RRB):
countries.

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Regional Rural Bank Were Set Up By An Ordinance In Liquidity Adjustment Facility (LAF) was introduced by RBI
1975, Later Replaced By Rrbs Act, 1976 As Pre Banking during June, 2000 in phases, to ensure smooth
Commission Recommendation In 1975. transition&keeping pace with technological upgradation.
Father Of Rrb Is M.Swaminathan. Tenor: Reverse Repo auctions (for absorption of liquidity)
The Govt. Of India Had Appointed A Working Group & Repo auctions (for injection of liquidity) are conducted
On Rural Banks Under The Chairmanship Of Mr. M. on a daily basis (except Saturdays).
Narasimham In 1975. First Rrbs Were Set Up On 2nd Cap: 0.25% of NDTL w.e.f. 01.04.14.
Oct.
Share Holder Contribution: Govt. Of India 50% Marginal Standing Facility (MSF)
Sponsor Bank 35% State Govt. 15%. MSF was introduced w.e.f. May 09, 2011, by RBI.
Eligibility: Scheduled Commercial Banks having Current
EXIM BANK: Account & SGL Account with RBI.
Export-Import (EXIM) Bank of India is the principal
financial institution in India for coordinating the Amount: 1% of NDTL
working of institutions engaged in financing
export&import trade. CLEARING CORPORATION OF INDIA
It is a statutory corporation wholly owned by the Govt. Clearing Corporation of India Limited (CCIL) was
of India. incorporated on 30th April 2001, as the country’s first
It was established on January 1, 1982 for the purpose of clearing house for the Govt. securities, forex&other related
financing, facilitating&promoting foreign trade of India. market segments. It commenced operations from Feb 15,
Chairman- David Rasquinha 2002. It provides a system for efficient clearing of money,
Head Quarters : Mumbai govt. securities & foreign exchange market transactions.

NATIONAL HOUSING BANK(NHB) CollateralisedBorrowing&Lending Obligation (CBLO)


It is the apex institution of housing finance in India, was CBLO, an RBI approved money market instrument, is
set up as wholly owned subsidiary of RBI. developed by CCIL for the benefit of the entities phased
The bank started its operations from July 1988. out from interbank call money market or given restricted
NHB is a subsidiary bank of Reserve Bank of India. participation in terms of ceiling on call borrowing&
National Housing Bank was established under section lending transactions & who do not have access to the call
6 of National Housing Bank Act (1987). money market.
The headquarters of NHB is in New Delhi. It is a discounted instrument available in electronic book
Chairman: Shri Sriram Kalyanaraman entry form for the maturity period ranging from 7 days to
90 Days (can be up to one year as per RBI guidelines).
ECGC
Export Credit Guarantee Corporation of India. This ASSET SECURITISATION
organisation provides risk as well as insurance cover to Securitisation of assets is an additional channel for recycling
the Indian exporters. of funds by business entities including banks.
Chairman- Geetha Muralidhar Securitisation is process through which the future
Head Quarters : Mumbai receivables (say rent, installment of a term loan due in
future) of an organization (say bank), are converted into
A brief on Financial Terms debt instruments (such as bonds with a fixed rate of
1. Cross Selling return)&then sold.
Cross-selling stands for offering to the existing&new
customers, some additional banking products, with a BANKING CODES & STANDARDS BOARD OF
view to expand banking business, reduce the per INDIA
customer cost of operations&provide more Banking Codes & Standards Board of India (BCSBI) was set
satisfaction&value to the customer. up on the lines of a similar set up in UK to oversee the Fair
2. Credit Card Business Practice Code evolved by the Bankers.
Issue of cards Members: The Board was set up as a Society, under the
(a) Banks having net worth of Rs. 100 cr or above only Societies Registration Act, 1860. Commercial banks, RRBs &
can undertake the credit card business. Urban Coop Banks are its members.
(b) RBI permission is not required to undertake credit A Governing council of the BCSBI looks after its financial
card issue business. affairs&managerial policies. The tenure of the Council is 5
years&the appointment of the Council after 5 years would
LIQUIDITY ADJUSTMENT FACILITY be with the concurrence of the RBI.

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Rajeev Rishi is present Chairman of IBA & it’s
headquarter is in Mumbai.

Prompt Corrective Action (PCA)


To ensure that banks don't go bust, RBI has put in place
some trigger points to assess, monitor, control & take
corrective actions on banks which are weak & troubled. The
process or mechanism under which such actions are taken
is known as Prompt Corrective Action, or PCA.

What is PCA as per RBI? All Misconceptions Cleared


RBI clarified that the PCA framework is not intended to
constrain normal operations of the banks for the general
KISAN VIKAS PATRA public.
KPV are regulated by KVP Rules 2014, Scheme is available Under RBI's supervisory framework, it uses various
through Post Offices&those banks that are authorized to measures/tools to maintain sound financial health of
operate PPF scheme. banks. PCA framework is one of such supervisory tools.
Denomination: Rs.1000, Rs.5000, Rs.10000&Rs.50000 It involves monitoring of certain performance indicators
Types of certificates: Category Single, Joint A-Type&Joint of the banks as an early warning exercise & is initiated
B-Type (E/S). once such thresholds as relating to capital, asset quality
Maturity period: 115 Months etc. are breached.
Rate of Interest: 7.5%. Its objective is to facilitate the banks to take corrective
Rate of interest: Rs.1000 becomes double during the measures including those prescribed by the Reserve
maturity period. Bank, in a timely manner, in order to restore their
1. Nomination facility, 2. Pledge for loan facility& 3. pre- financial health.
mature payment after 2 years & 6 months subject to certain It provides an opportunity to the Reserve Bank to pay
conditions, is eligible. focussed attention on such banks by engaging with the
management more closely in those areas.
MUDRA BANK The PCA framework is, thus, intended to encourage
MUDRA, which stands for Micro Units Development & banks to eschew certain riskier activities & focus on
Refinance Agency Ltd, is a financial institution being set up conserving capital so that their balance sheets can become
by Govt. of India for development&refinancing micro units’ stronger.
enterprises.
Under the aegis of Pradhan Mantri MUDRA Yojana Salient Features of revised PCA Framework for Banks
(PMMY), MUDRA has already created its initial A. Capital, asset quality & profitability continue to be the
products/schemes. The interventions have been named key areas for monitoring in the revised framework.
‘Shishu’, ‘Kishor’&‘Tarun’ to signify the stage of B. Indicators to be tracked for Capital, asset quality &
growth/development&funding needs of the beneficiary profitability would be:
micro unit / entrepreneur&also to provide a reference point a) CRAR/ Common Equity Tier I ratio
for the next phase of graduation / growth to look forward CET ratio – the percentage of core equity capital, net of
to. The financial limit for these schemes is:- regulatory adjustments, to total risk weighted assets as
(a) Shishu: covering loans up to 50,000/- defined in RBI Basel III guidelines
(b) Kishor: covering loans above 50,000/-&up to 5 lakh b) Net NPA ratio
(c)Tarun: covering loans above 5 lakh to 10 lakh NNPA ratio – the percentage of net NPAs to net advances
c) Return on Assets
ROA – the percentage of profit after tax to average total
Indian Banks' Association (IBA) assets
Indian Banks' Association (IBA) set up in 1946 with 22 C. Leverage would be monitored additionally as part of the
members to discuss issues of common interests. Over PCA framework.
the years, IBA emerged as the Voice of Indian Banking D. Breach of any risk threshold (as detailed under) would
Industry. IBA adopts a consultative approach to give its result in invocation of PCA.
views on any issue pertaining to banking sector. As on E. The PCA framework would apply without exception to
December 28, 2015 the total Membership of the all banks operating in India including small banks & foreign
Association is 237. banks operating through branches or subsidiaries based on
Ordinary: 139 Associate: 98 Total: 237 breach of risk thresholds of identified indicators.

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F. A bank will be placed under PCA framework based on 200 H Bright Sanchi 66 mm ×
the audited Annual Financial Results & the Supervisory Yellow Stupa 146 mm
Assessment made by RBI. 500 - Stone Grey Red Fort 66mm x
Currency Quick Facts 150mm
Den. Letter Colour Motif Dimension 2000 - Magenta Mangalyaan 66mm x
50 - Fluorescent Hampi 66 mm x 166mm
Blue with 135 mm
Chariot
STATIC GK CAPSULE 2017

MoU’s Signed ODI: (One day International):


The Union Cabinet chaired by PM Shri Narendra Modi has 1. England - 2019
given the following set of approvals. The full list of Cabinet 2. India – 2023
Approvals are as follows: T20 World Cup:
Memorandum of Cooperation (MoC) between India & 1. Australia - 2020.
Japan on the "Technical Intern Training Program
(TITP)" FIFA (Football) World Cup venue
Signing of the MoC between India & Japan on 1. 2018: Russia
establishing a Liquid, Flexible & Global LNG Market 2. 2022: Qatar
MoU between SEBI & Financial Services Commission Commonwealth Games venues:
(FSC), Gibraltar. 1. 2014 – Glasgow (Scotland).
MoU between India & Belarus for Cooperation in the 2. 2018 – Gold Coast (Australia).
field of Vocational Education & Training 3. 2022: Birmingham (England)
Signing of MoU between Securities & Exchange Board
of India (SEBI) & Capital Markets Authority (CMA), Olympics Games venues:
Kuwait. 1. 2014 winter: Sochi (Russia)
International Association of Marine Aids to Navigation 2. 2016 Summer: Rio de Janeiro (Brazil)
& Lighthouse Authorities (IALA) to change its status 3. 2018 winter: Pyeongchang (South Korea)
from Non-Govt.al Organization to Inter-Govt.al 4. 2020 summer: Tokyo (Japan)
Organization. 5. 2022 Winter: Beijing (China)
MoU between India & Morocco on cooperation in the 6. 2024 Summer: Paris (France)
field of water resources
Revised pay scales of teachers & equivalent academic Asian Games host cities:
staff in Universities/Colleges & centrally funded 1. 2014: Incheon (South Korea) (Note: 2010 Asain Games
technical institutions. held in Guangzhou, China).
SANKALP & STRIVE Schemes to boost Skill India 2. 2018: Jakarta, Indonesia
Mission. 3. 2022: Hangzhou, China

Quick Facts Related to International Campaign to United Nations Headquarters


Abolish Nuclear Weapons (ICAN) International Organizations Headquarters
It is a coalition of non-govt.al organizations in one UNO (United Nations Org) New York
hundred countries promoting adherence to & UNICEF New York
implementation of the United Nations nuclear weapon UNCTAD Geneva
ban treaty. WHO (World Health Org) Geneva
ICAN began in Australia & was officially launched in ILO (International Labour Org) Geneva
Vienna, Austria in 2007. WMO (World Meteorological Org) Geneva
ICAN’s headquarters is in Geneva, Switzerland. World Intellectual Property Org Geneva
Beatrice Fihn is the Executive Director of ICAN. International Standards Org. Geneva
IMF Washington DC
Venues for the upcoming Tournaments
World Bank Washington DC
Hockey World Cup 2018 Venue:
UNESCO Paris
1. Men’s Hockey World Cup – India
OECD Paris
2. Women’s Hockey World Cup - England
UNIDO (United Nations Vienna
Industrial Dev. Org)
ICC World Cup Cricket Venue:

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IAEA (International Atomic Energy Vienna Some of the highlights
Agency) Slogan - Our census, Our Future
OPEC Vienna India's 1st Census - 1872
Amnesty International London 2011 Census is - 15th Census
Commonwealth of Nations London Total Population - 1,21,01,93,422
International Maritime London India's Rank in population - 2nd with 17.5% (1st China
Organization with 19%)
ICJ (International Court of Justice) The Hague Most Populous State - Uttar Pradesh
Food&Agricultural Organization Rome Least Populous State - Sikkim
NATO Brussels Most Literate State - Kerala (93.9%)
Transparency International Berlin Least Literate State - Bihar (63.82%)
SAARC Kathmandu National Sex Ratio - Female : Male (940 : 1000)
ASEAN Jakarta Highest Sex Ratio (State) - Kerala (1084 : 1000)
APEC (Asia Pacific Economic Singapore Lowest Sex Ratio (State) - Haryana
Forum) Highest Sex Ratio (UT) - Puducherry
Organization of Islamic Jeddah Least Sex Ratio (UT) - Damn & Dayyu (61 : 1000)
Cooperation Literacy of Male - 82.14%
Literacy of Female - 65.46%
Revolutions in the field of agriculture in India: Population Growth Rate - 17.64%
Black Revolution - Petroleum Production Highest fertility Rate - Meghalaya
Blue Revolution - Fish Production Most literate union territory - Lakshadweep (92.2%)
Brown Revolution - Leather/Non-conventional Least literate Union Territory - Dadra Nagar & Haweli
(India)/Cocoa production Most Literate District - Serechhip (Mizoram)
Golden Fiber Revolution - Jute Production Least Literate District - Dadra Naga & Haveli
Golden Revolution - Fruits/Overall Horticulture Highest Density of Population - Bihar (1102 sq.km)
development/Honey Production Lowest Density of Population - Arunachal Pradesh (17)
Green Revolution - Food grains Total number of districts - 640
Grey Revolution - Fertilizer Highest Populous District - Thane (Mumbai)
Pink Revolution - Onion production/Pharmaceutical 100% Literacy District - Palakkad (Kerala)
(India)/ Prawn production 100% Banking State - Kerala
Red Revolution - Meat & Tomato Production 100% Banking District - Palakkad (Kerala)
Round Revolution - Potato Density of Population in India - 382 sq. km
Silver Fiber Revolution - Cotton Increase in population (during 2001-2011) - 181 million
Silver Revolution - Egg/Poultry Production
White Revolution (In India: Operation Flood) - Who’s who?
Milk/Dairy production
Yellow Revolution - Oil Seeds production Important National Officials
Evergreen Revolution - Overall development of Designation Name
Agriculture. Chairperson, CBDT Suhsil Chandra
Chairperson, National Nand Kumar Sai
CENSUS Commission for Scheduled Tribes
1) The population of the country as per the provisional Chairperson, UGC V.S Chauhan
figures of Census 2011 is 1210.19 million of which 623.7 Chairman, ISRO AS Kiran Kumar
million (51.54%) are males&586.46 million (48.46%) are Chairman, Atomic Energy Commission Shekhar Basu
females. Chairperson, TRAI Ram Sevak Sharma
The major highlights of the Census 2011 (Provisional Chairperson, NHAI Deepak Kumar
figures) are as under: Chairman, National Cadet Hemant M Nerurkar
*The population of India has increased by more than 181 Corps
million during the decade 2001-2011. Chairperson, Central Anita Karwal
2) %age growth in 2001-2011 is 17.64; males 17.19&females Board of Secondary
18.12. Education
3) *Uttar Pradesh (199.5 million) is the most populous State Chairperson, IRDAI TS Vijayan
in the country followed by Maharashtra with 112 Chairperson, Press CK Prasad
million. Council of India

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Director General, BSF K K Sharma President, International Court of Ronny Abraham
Director General, SSB Rajni Kant Mishra Justice
Director General, CRPF Rajiv Rai Bhatnagar President, Asian Development Takehiko Nakao
Director General, ITBP RK Pachnada Bank
Solicitor General Ranjit Kumar resigned President, International Olympic Thomas Bach
Attorney General KK Venugopal Committee
Chairperson, National Justice Swatantra Kumar Director-General, International Yukiya Amano
Green Tribunal Atomic Energy Agency
Director, NCERT Hrushikesh Senapaty Secretary-General, NATO Jens Stoltenberg
President, ASSOCHAM Sandeep Jajodia Secretary-General, ASEAN Lee Luang Minh
Chairperson, NASSCOM Raman Roy Secretary-General, SAARC Amjad Hussain B
Chairman, Press Trust of Vivek Goenka Sial
India Secretary-General, Patricia Scotland
Commonwealth
Bureaucrats President, FIFA Gianni Infantino
Chairman, International Cricket Shashank Manohar
Designation Name Council
National Security Advisor Ajit Kumar Doval
Chairman, Railway Board Ashwani Lohani The 12 Major Ports are
Director, Central Bureau of Alok Verma
Investigation (CBI) Port State
Chief, Intelligence Bureau Rajiv Jain Kolkata West Bengal
(IB) Paradip Orissa
Chief, Research&Analysis Anil Dhasmana Vishakhapatnam Andhra Pradesh
Wing (RAW) Chennai Tamil Nadu
Director General, NIA YC Modi Ennore Tamil Nadu
Tuticorin Tamil Nadu
Important Dignitaries Cochin Kerala
Post Name New Mangalore Karnataka
Chief Justice, Supreme Court Deepak Misra(45th) Mormugao Goa
Speaker, Lok Sabha Sumitra Mahajan Jawaharlal Nehru Maharashtra
Deputy Speaker, Lok Sabha M. Thambidurai Mumbai Maharashtra
Comptroller&Auditor General Rajiv Mehrishi Kandla Gujarat
of India
Chief Election Commissioner AK Joti Stock Exchanges around the World
Chairman, Union Public Service David R. Syiemlieh New York Stock Exchange (NYSE): HQ in New York
Commission City
Deputy Chairman, Rajya Sabha PJ Kurien NASDAQ OMX: HQ in New York City.
Tokyo Stock Exchange: HQ in Tokyo
Important International Officials London Stock Exchange: HQ in London.
Shanghai Stock Exchange: HQ in Shanghai.
Designation Name Hong Kong Stock Exchange: HQ in Hong Kong.
Secretary-General, United Antonio Guterres Toronto Stock Exchange: HQ in Toronto.
Nations Organisation BM&F Bovespa: HQ in Sao Paul
MD, International Monetary Christine Lagarde Australian Securities Exchange: HQ in Sydney
Fund Deutsche Börse: HQ in Frankfurt.
President, World Bank Jim Yong Kim Taiwan Stock Exchange – HQ in the city of Taipei
Director-General, World Trade Roberto Azevedo JSE Limited HQ in Johannesburg, South Africa.
Organisation American Stock Exchange (AMEX) HQ in New York,
DG, UNESCO Audrey Azoulay USA
President, UN General Assembly Miroslav Lajcak Borsa Italia HQ in Milan, Italy
Director-General, WHO Tedros Adhanom London International Financial Futures&Options
Ghebreyesus Exchange (LIFFE) HQ in London, Great Britain
Montreal Exchange (MSE) HQ in Montreal, Canada
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Nordic: Baltic market (OMX) HQ in Stockholm, Sweden
Bolsa de Madrid (Madrid Stock Exchange) HQ in
Madrid, Spain
Afghanistan Stock Exchange HQ in Kabul
Chittagong Stock Exchange HQ in Chittagong
Royal Securities Exchange of Bhutan HQ inThimphu
Maldives Stock Exchange HQ in Malé
Nepal Stock Exchange HQ in Kathmandu
Sialkot Stock Exchange HQ in Sialkot
Colombo Stock Exchange HQ in Colombo

Famous Temples in India


Badrinath Temple: Chamoli district, Uttarakhand
The Konark Sun Temple: Puri district of Odisha
Brihadeeswara Temple: Thanjavur city of Tamil Nadu
Somnath Temple: Saurashtra (Gujarat)
Kedarnath Temple: Garhwal area (Uttarakhand) IMPORTANT AIRPORTS IN INDIA
Sanchi Stupa: Raisen district of Madhya Pradesh
Ramanathaswamy Temple: Tamil Nadu Airport City State/UT
Vaishno Devi Mandir: J&K, near Katra.
Kempegowda Bangalore Karnataka
Siddhivinayak Temple: Prabha Devi, Mumbai International
Gangotri Temple: Uttarkashi district of Uttarakhand Airport
Golden Temple or Sri Harmandir Sahib: Amritsar Netaji Subhash Kolkata West Bengal
Kashi Vishwanath Temple: Varanasi (Uttar Pradesh) Chandra Bose
Lord Jagannath Temple: Puri (Orissa) International
Yamunotri Temple: Uttarkashi district of Uttarakhand Airport
Meenakshi Temple: Madurai (Tamil Nadu) Rajiv Gandhi Hyderabad Telangana
Amarnath Cave Temple: State of J&K International
Lingaraja Temple: Orissa Airport
Tirupati Balaji: Tirumala (Andhra Pradesh) Sardar Ahmedabad Gujarat
Kanchipuram Temples: Tamil Nadu Vallabhbhai Patel
Khajuraho Temple: Madhya Pradesh International
Virupaksha Temple: Hampi, Bellary, Karnataka Airport
Akshardham Temple: Delhi Chaudhary Lucknow Uttar Pradesh
Shri Digambar Jain Lal Mandir: Oldest Jain temple in Charan Singh
Delhi International
Gomateshwara Temple: Shravanabelagola town of Airport
Karnataka Lokpriya Guwahati Assam
Ranakpur Temple: Pali district of Rajasthan Gopinath
Shirdi Sai Baba Temple: Shirdi town of Maharashtra Bordoloi
Sree Padmanabhaswamy Temple : International
Thiruvananthapuram, the capital city of Kerala Airport
Dwarkadhish Temple: Dwarka city (Gujarat) Srinagar Airport Srinagar J&K
Laxminarayan Temple: In Delhi Biju Patnaik Bhubaneswar Odisha
International
Airport
Visakhapatnam Visakhapatna Andhra Pradesh
Airport m
Devi Ahilyabai Indore Madhya Pradesh
Holkar Airport
Dr. Babasaheb Nagpur Maharashtra
Ambedkar
International
Airport

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Lok Nayak Patna Bihar 39th Parallel north is an imaginary circle of latitude that
Jayaprakash is 39 degrees north of the Earth’s equatorial plane.
Airport 40th Parallel north: formed the original northern
Sri Guru Ram Amritsar Punjab boundary of the British Colony of Maryland.
Dass Jee 42nd Parallel north: New York - Pennsylania Border.
International The Parallel 440 north is an imaginary circle of latitude
Airport that is 44 degrees north of the Earth’s equatorial plane.
Swami Raipur Chhattisgarh 45th Parallel north is often called the halfway point
Vivekananda between the Equator&the North Pole.
Airport 45th parallel makes up most of the boundary between
Bagdogra Airport Bagdogra West Bengal Montana&Wyoming.
Veer Savarkar Port Blair andaman&Nicob 49th Parallel is the boundary between USA&Canada
International ar Islands
Airport IMPORTANT DAMS IN INDIA
Birsa Munda Ranchi Jharkhand
Airport Dam River State
Maharana Pratap Udaipur Rajasthan Tehri Dam Bhagirathi Uttarakhand
Airport
Lakhwar Dam Yamuna Uttarakhand
Raja Bhoj Bhopal Madhya Pradesh
Idukki (Eb)/Idukki Periyar Kerala
International
Arch Dam
Airport
Bhakra Dam Satluj Himachal
Jolly Grant Dehradun Uttrakhand
Pradesh
Airport
Rajahmundry Rajahmundry Andhra Pradesh Pakal Dul Dam Marusudar J&K
Airport Sardar Sarover Narmada Gujarat
Silchar Airport Silchar Assam Gujarat Dam
Lengpui Airport Aizwal Mizoram Srisailam Krishna Andhra Pradesh
Zaruki Shillong Meghalaya (N.S.R.S.P) Dam
International Ranjit Sagar Dam Ravi Punjab
Airport Baglihar Dam CHENAB J&K
Daporijo Airport Daporijo Arunachal Pong Dam Beas Himachal
Pradesh Pradesh
Tezu Airport Tezu Arunachal Nagarjuna Sagar Krishna Telangana
Pradesh Dam
Kandla Airport Kandla Gujarat Salal (Rockfill& Chenab J&K
Sonari Airport Jamshedpur Jharkhand Concrete) Dam
Birsa Munda Ranchi Jharkhand Supa Dam Kali Nadi Karnataka
Airport Koteshwar Dam Bhagirathi Uttarakhand
Agatti Aerodrome Agatti Lakshadweep Rihand Dam Rihand Uttar Pradesh
Indira Sagar Narmada Madhya Pradesh
BOUNDARY LINES (NHDC) Dam
Durand Line: Afghanistan & Pakistan Pillur Dam Bhavani Tamil Nadu
Hindenburg Line: Germany & Poland. Madupetty (Eb) Palar Kerala
Mason-dixon Line: Line of demarcation between four Dam
states in the United States. Parbati II Dam Parbati Himachal
Mannerheim Line: Russia-Finland border. Pradesh
Macmahon Line: India & China Chakra Dam Chakra Karnataka
Medicine Line: Canada & the United States.
Ukai Dam Tapi Gujarat
Order-neisse Line: Poland & Germany
Radcliffe Line: India & Pakistan.
CLASSICAL DANCES&FOLK DANCES IN INDIA
Siegfried Line: Germany on its border with France.
17th Parallel: North Vietnam & South Vietnam
Indian Classical Dances
26th Parallel south: Africa, Australia & South America.
Bharatnatyam: Tamil Nadu & Karnataka
30TH PARALLEL Equator & the North Pole.
Kathak: North India
38th Parallel: Separates North Korea&South Korea.
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Kathakali: Kerala. Dumhal: Popular dance of Kashmir
Kuchipudi: Andhra Pradesh. Padayani: Southern Kerala.
Manipuri: Manipur Dollu Kunitha: Karnataka state.
Mohiniattam: Kerala. Dandiya: Popular folk dance of Gujarat.
Odissi: Orissa state. Bathukamma: Flower & Cultural Festival of Telangana
Gaudiya Nritya: West Bengal Changu: Odissa & Andhra Pradesh.
Sattriya: Assam Dhaman: Punjab & Andhra Pradesh
Ghoomar: Rajasthan Gair: Rajasthan
Thang Ta: Manipur Garba: Gujarat
Gatka: Punjab
Folk dances in India Karagam: Tamil Nadu.
Gaur dance: Folk dance of Madhya Pradesh Raas: Gujarat
Chhau: Folk dance of Bihar Dumhal: A folk dance of Kashmir.
Bihu: Folk dance of Assam Chau: Orissa, Bihar & West Bengal

IMPORTANT DAYS
Important Days: April Important Days: October
2 April - World Autism Awareness Day First Monday of October-World Habitat Day
5 April - National Maritime Day 5th October- World Teachers Day
7 April - World Health Day 9th October- World Post Day
10 April - World Homoeopathy Day 10th October- World Mental Health Day
11 April - National Safe Motherhood Day 11th October- International Day of the Girl Child
18 April - World Heritage Day 13th October- International Day for Disaster Reduction
22 April - World Earth Day 15th October- International Day of Rural Women
24 April - National Panchayati Day 16th October- World Food Day
25 April - World Malaria Day 17th October- International Day for Eradication of Poverty
26 April - World Intellectual Property Day 21st October- Police Commemoration Day
29 April - International Dance Day 24th October- United Nations Day, World Polio Day,
31st October- Rashtriya Ekta Diwas (National Unity Day)
Important Days: May
1 May - International Labours day Important Days: November
2 May - World Asthma Day 9 Nov: World Legal Services Day
3 May - Press Freedom Day 10 Nov: World Immunization Day
8 May - World Red Cross Day 12 Nov: World Pneumonia Day
11 May - National Technology Day 16 Nov: International Day for Tolerance
17 May - International Telecommunication Day 17th Nov: International Students Day
22 May - International Day for Biological Diversity 19 Nov: International Journalist’s remembrance Day
24 May - Commonwealth Day 20th Nov: Universal Children’s Day
31 May - Anti Tobacco Day 21st Nov: World Television Day, World Fisheries Day
25th Nov: International Day for the Elimination of
Important Days: June Violence against Women
4th June: World Day of Innocent Children Victims of 26th Nov: National Law Day (India)
Aggression
5th June: World Environment Day Important Days: December
8 June: World Oceans Day 1st Dec: World Aids Day
12 June: World Day Against Child Labor 2nd Dec: International Day for the Abolition of Slavery
14th June: World Blood Donor Day 4th Dec: Indian Navy Day
15th June: World Elder Abuse Awareness Day 7th Dec: Indian Armed Force Flag Day, International Civil
3rd Sunday of June: World Father's Day Aviation Day
21st June: International Yoga Day 9th Dec: International Day against Corruption
23rd June: International Olympic Day 10th Dec: Human Rights Day
26th June: International Day against Drug Abuse & Illicit 14th Dec: National Energy Conservation Day (India)
Trafficking 18th Dec: International Migrants Day
23rd Dec: Farmers Day (India)

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Important Days: January 29th Dec: International Biodiversity Day
4th Jan: International World Braille Day
9th Jan: NRI Day Important Days: March
10th Jan: World Laughter Day 8 Mar: International Women’s Day
12th Jan: National youth day (India) 15 Mar: World Consumer Rights Day, World Disabled
15th Jan: Army Day (India) Day
24th Jan: National Girl child day (India) 16 Mar: National Vaccination Day
25th Jan: Tourism Day & National Voters Day (India) World Forestry Day: 21Mar
World Day for Water: 22Mar
Important Days: February World TB Day: 24 Mar
2nd Feb: World Wetlands Day

4th Feb: World Cancer Awareness Day


21st Feb: International Mother Language Day
23th Feb: World Peace & Understanding Day
28th Feb: National Science Day (India)

Nick Names of Important Indian Places City Of Castles Kolkata


State Of Five Rivers Punjab
Nick Names City
City Of Weavers Panipat
Golden City Amritsar
City Of Lakes Srinagar
Manchester Of India Ahmedabad
Steel City Of India Jamshedpur (Called
City Of Seven Islands Mumbai Tatanagar)
Queen Of Arabian Sea Cochin City Of Temples Varanasi
Space City Bangalore Manchester Of The North Kanpur
Garden City Of India Bangalore City Of Rallies New Delhi
Silicon Valley Of India Bangalore Heaven Of India J&K
Electronic City Of India Bangalore Boston Of India Ahmedabad
Pink City Jaipur Garden Of Spices Of India Kerala
Gateway Of India Mumbai Switzerland Of India Kashmir
Twin City: Hyderabad, Secunderabad Abode Of The God Prayag(Allahabad)
City Of Festivals Madurai Pittsburg Of India Jamshedpur
Deccan Queen Pune
City Of Buildings Kolkata Important Defence Exercise Conducted in the World
Dakshin Ganga Godavari Garuda: India-France
HAND-HAND: India-China
Old Ganga Godavari
Indra: India-Russia
Egg Bowls Of Asia Andhra Pradesh Jimex: India-Japan
Soya Region Madhya Pradesh Malbar: Us-India-Japan
Manchester Of The South Coimbatore Shade: Naval Forces Of India, Japan&China
Surya Kiran: India&Nepal
City Of Nawabs Lucknow
Varuna: France&India
Venice Of The East Cochin Simbex: Indian Navy With Republic Of Singapore
Sorrow Of Bengal Damodar River Navy
Sorrow Of Bihar Kosi River Ibsamar: India with Brazil&South African Navy
Konkan: Indian Navy&Royal Navy Of Britain
Blue Mountains Nilgiri
Ausindex: Indian&Australian Navy
Queen Of The Mountains Mussoorie (Uttarakhand) Indradhanush Or Rainbow: India-Uk Air Exercises
Sacred River Ganga Nomadic Elephant: Indian Army Exercises with
Hollywood Of India Mumbai Mongolia
Ekuverin: Maldives&India

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Garuda Shakti: India&Indonesia Madhavrao Scindia Cricket Ground -Rajkot
Mitra Shakti: India-Sri Lanka Moin-ul-Haq Stadium -Patna
Naseem Al-Bahr: India-Oman Sardar Vallabhai Patel Motera Stadium -Ahmedabad
SLINEX: Joint exercise in Navy between India&Sri Sawai Mansingh Stadium -Jaipur
Lanka Vidarbha CA Ground -Nagpur
Sahyog-Kaijin -Joint exercise of Coast Guards of Wankhede Stadium –Mumbai
India&Japan Jawaharlal Nehru Stadium: Kochi (Kerala)
Malabar: India&US Dr. Bhupen Hazarika Cricket Stadium: Guwahati
Yudh Abhyas: India&US (Assam)
Red flag: India&US Dhyan Chand National Stadium: Delhi
Cope: India&US
SAMPRITI – India&Bangladesh Stadiums in New Zealand
Basin Reserve-Wellington
Stadiums Around the World Eden Park-Auckland
Jade Stadium-Christchurch
Stadiums in Australia John Davies Oval-Queenstown
Adelaide Oval- Adelaide McLean Park-Napier
Bundaberg Rum Stadium- Cairns
Telstra Dome- Melbourne Stadiums in Pakistan
Manuka Oval- Canberra Arbab Niaz Stadium-Peshawar
Marrara Cricket Ground- Darwin Ayub National Stadium-Quetta
Melbourne Cricket Ground- Melbourne Gaddafi Stadium-Lahore
Sydney Cricket Ground- Sydney
W.A.C.A. Ground- Perth Stadiums in South Africa
Stadiums in Bangladesh Kingsmead-Durban
Bangabandhu National Stadium- Dhaka New Wanderers Stadium-Johannesburg
Chittagong Stadium- Chittagong Newlands-Cape Town
Stadiums in England St George's Park-Port Elizabeth
Edgbaston- Birmingham Centurion Super Sport Park-Pretoria
Headingley- Leeds
Lord's- London Stadium in Sri Lanka
Old Trafford- Manchester Colombo Cricket Club Ground-Colombo
Sophia Gardens- Cardiff Galle International Stadium-Galle
St Lawrence Ground- Canterbury P.Saravanamuttu Stadium-Colombo
The Brit Oval- London R.Premadasa Stadium-Colombo
Trent Bridge- Nottingham Sinhalese Sports Club Ground-Colombo
Stadiums in India
Barabati Stadium -Cuttack Stadiums in West Indies
Barkatullah Khan Stadium -Jodhpur Sabina Park Kingston-Jamaica
Barsapara Cricket Stadium: Guwahati Antigua Recreation Ground St John's-Antigua
Greenfield International Stadium: Guyana Cricket Stadium Georgetown-Guyana
Thiruvananthapuram Kensington Oval Bridgetown-Barbados
Brabourne Stadium -Mumbai Mindoo Phillip Park Castries-St Lucia
Eden Gardens -Kolkata Albion Sports Complex Berbice-Guyana
Feroz Shah Kotla -Delhi Stadiums in Zimbabwe
Gandhi Stadium -Jalandhar Bulawayo Athletic Club-Bulawayo
Green Park -Kanpur Harare Sports Club-Harare
Indira Gandhi Stadium -Vijayawada Kwekwe Sports Club-Kwekwe
Rajiv Gandhi Port Silver Jubilee Stadium - Queens Sports Club-Bulawayo
Visakhapatnam Stadiums in United Arab Emirates
Jawaharlal Nehru Stadium -New Delhi Sheikh Zayed Stadium-Abu Dhabi
Lal Bahadur Shastri Stadium -Hyderabad Sharjah Cricket Stadium-Sharjah
M.Chinnaswamy Stadium -Bangalore
MA Chidambaram Stadium -Chennai

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