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In order to solve the ongoing tussle between India and the WTO (World
Trade Organisation), India has suggested fxing o the base year or ood
subsidies on the basis o average o last three years. What is the year
proposed by the WTO to be taken as the base year ! 1986-87
The "e#urities $aws (a%end%ent) &ill, '* was approved unani%ously bythe $ok "abha on + ugust '*. This &ill e%powers the "-&I with powers
to disgorge (taking ba#k the %oney) the %oney ro% raudulent
#o%panies and s#he%es. "-&I has issued disgorge%ent orders only in two
#ases in over two de#ades o its or%ation. Whi#h two #ases are these
! IPO irregularities issue of 2006 and the Satyam Computer
sandal
The nion /abinet on + ugust '* #leared a proposal to allow 0
oreign dire#t invest%ent (12I) in Indian 3ailways. part ro% this, two .".
#o%panies were shortlisted or a proposed diesel lo#o%otive a#tory to bebuilt in &ihar. Whi#h two #o%panies are these ! !" and "#$ %-le#tro4
5otive 2iesel, In#.&
6oted Indian #artoonist 7ran 8u%ar "har%a, popularly known as 7ran,
passed away on 9 ugust '* at the age o :9. ;e was the #reator o
i#oni# Indian #artoon #hara#ters su#h as /ha#ha /haudhary and his riend
"abu, "hri%atis largest i%porter o ar%s. It i%ports al%ost
:0 o its %ilitary hardware. It, thereore, wants to open up the do%esti#
weapons industry to help boost do%esti# %anua#turing and %odernise its
"oviet4era %ilitary.
6o 12I would be allowed in general day4to4day operations o Indian
3ailways
;owever, 0 12I will be per%itted in so%e spe#ialiAed operations like
reight #orridor, high4speed train, port and %ining #onne#tivity pro
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0 12I in basi# inrastru#ture rail pro
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inrastru#ture whi#h would be #reated and listed with these "-&I
guidelines ! *eal "state In(estment .rusts %*"I.s& and
Infrastruture In(estment .rusts %In(I.s&
What is the na%e o the newly #onstituted a#t whi#h was signed into law
by the .". 7resident &ara#k Oba%a on C ugust '* and whi#hauthorises the 7resident to appoint a "pe#ial -nvoy in the near -ast and
"outh /entral sia !,ear "ast and South Central 'sia *eligious
reedom 't
Who is the author o the book =Strictly Personal>, the new biography o the
or%er 7ri%e 5inister 5an%ohan "ingh and his wie ursharan 8aur,
whi#h is to be released during ugust '* ! $aman Singh, the
daughter o 5an%ohan "ingh.
What is the na%e o the proposed airline o Tata4"I irlines $i%ited(T"$), a
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What is the na%e o the *9 %egawatt hydro4ele#tri#ity pro
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a##idental insuran#e #over o 3s. lakh ! Pradhan #antri an $han
EoAana
99 gallantry awards (pea#eti%e) were announ#ed on the eve o
+CthIndependen#e 2ay on * ugust '*. Who was #onerred the lone
shok /hakra, India>s highest pea#eti%e gallantry award !
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Who was sele#ted as the /hair%an o the /o%%ittee on 7ubli#
ndertakings (/o7) o 7arlia%ent by the $ok "abha "peaker "u%itra
5aha
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With +, 5W wind power produ#ed in 'F, /hina was ranked World>
top wind power produ#ing #ountry in the re#ently released 3enewables
'* lobal "tatus 3eport. What was India>s rank in this report ! >th
Who was the ounder o the Jharkhand 2iso% 7arty (J27) whi#h %ergedwith the &J7 on C ugust '* ! Salhan #urmu
The 2epart%ent o Tele#o% (2oT) is #onsidering %erger o 5u%bai and
8olkata #ir#les with 5aharashtra and West &engal servi#e areas. This step
will end roa%ing #harges on subs#ribers travelling ro% these two #ities to
other parts in respe#tive states and vi#e versa. Whi#h Tele#o% 5inister
had in '* started the dis#ussion to %erge #ertain #ir#les like 5u%bai,
8olkata and /hennai into their respe#tive states ! $ayanidhi #aran
What is the na%e o the #ontroversial survey #ondu#ted by the Telanganaovern%ent throughout the state on ? ugust '* and due to whi#h
various se#tions o the state were s#ared and apprehensive !HSamagra
+utumh Sur(ey or HIntensi(e ;ousehold Sur(ey
The 3eserve &ank o India (3&I) on C ugust '* #onstituted a 94
%e%ber inter4regulatory #o%%ittee to %onitor the growing pheno%enon
o shadow banking. Who has been appointed as the /hair%an o this
#o%%ittee ! PD iAaya )hasar(-xe#utive 2ire#tor, 3&I)
5anipur #ourt on ? ugust '* ordered the release o 5anipuri
wo%an Iro% "har%ila, who has staged a *4year hunger strike in protest
at hu%an rights abuses in 5anipur. "he began her ast on * 6ove%ber
' ater witnessing the killing o people by the ar%y at a bus stop
near her ho%e in 5anipur. ;er protests against the abuses allegedly
#o%%itted by se#urity or#es are sub
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Whi#h international fnan#e entity laun#hed a N'.94billion onshore Indian
rupee bond progra%%e on ' ugust '* so as to strengthen the #apital
%arket and support inrastru#ture develop%ent in India ! International
inane Corporation %IC&
On ' ugust '* the 1inan#e 5inistry ordered a orensi# audit to bedone at the bran#hes o two banks in view o the reports o
%isappropriation o unds worth 3s. *F+ #rore. Whi#h two banks are
involved in this %atter ! $ena )an and Oriental )an of Commere
%O)C&
Who took over as the ourth 2eputy overnor o the 3eserve &ank o India
(3&I) during July '* ! Suhash Sheoratan #undra %SDSD #undra)
What is the na%e o the a%bitious e4governan#e pro list o the =World>s
5ost Innovative /o%panies> released on ' ugust '*
! ;industan Gnile(er5 .ata Consultany Ser(ies %.CS&5
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.3. nantha%urthy, the writer o in#redible literary works like =Samskara>
and =Bharatiura> and the winner o India>s highest literary award4 the
Janapith ward, passed away on '' ugust '*. ;e did his writings in
whi#h language !+annada
The 3eserve &ank o India (3&I) during ugust '* notifed that the two4step authenti#ation or #redit #ard transa#tions in#luding =#ard not present
transa#tions> is a %ust as %andated under the rules. This announ#e%ent
was %ade by the 3&I pri%arily to set right whi#h ano%aly ! .o ring
under he the so-alled ustomer-friendly payment model
follo/ed y ertain ser(ie pro(iders
;istory was #reated at 2elhi>s prestigious "t. "tephen>s /ollege on 'F
ugust '* as student ro% the ;indi %ediu% was ele#ted president o
its students> union. What is the na%e o this student who a#hieved this
su##ess despite his hu%ble ba#kground or a #ollege traditionally knownas #ollege o the elite !*ohit +umar Eada(
5aharashtra overnor 8. "ankaranarayanan on '* ugust '* Huit the
oB#e #onseHuent to his transer ro% 5aharashtra. ;e was transerred to
whi#h state as its next overnor ! #i@oram
Whi#h #o%pany repla#ed IT giant Tata /onsultan#y "ervi#es (T/") as
India>s %ost ad%ired #o%pany in 1orbes> list o =India>s 5ost d%ired
/o%panies or '*> released during ugust '* ! I.C
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the %ain reason or resignation o 5anuel alls> "o#ialist govern%ent
! .he issue of ountrys stagnant eonomy
3enowned #tor42ire#tor "ir 3i#hard ttenborough passed away at the age
o ? on '* ugust '*. s the 2ire#tor o %u#h4lauded DGandhiE he
be#a%e an unLagging pillar to &ritish #ine%a. In whi#h year his fl%DGandhiE won C Os#ar awards to et#h its na%e in the history o fl%
%aking ! 1982
Tata alue ;o%es, a subsidiary o Tata ;ousing with o#us on aGordable
housing, on '+ ugust '* entered into partnership with whi#h online
seller to enable users to buy houses online !Snapdeal
The &haratiya Janata 7arty (&J7) dropped veteran leaders tal &ihari
as highest de#ision4%aking body, on '+ ugust '*. Thethree veterans, leading lights o the &J7 or nearly our de#ades, were
dropped ro% its #entral ele#tion #o%%ittee too. The three leaders were
however pla#ed in a new fve4%e%ber guidan#e panel along with 7ri%e
5inister 6arendra 5odi and nion ;o%e 5inister 3as orbit on '9 ugust '* ! ,e/ ;ori@ons
"heila 2ikshit tendered her resignation on '+ ugust '* as theovernor o whi#h state ! +erala
The trustees o the -%ployees> 7rovident 1und Organisation (-71O) on '+
ugust '* retained the rate o interest on provident und deposits or
'*49. The %ove will beneft over 9 #rore subs#ribers a#ross the
#ountry. What is this retained rate o interest ! 8D7>? per annum
7ri%e 5inister 6arendra 5odi on 'C ugust '* laun#hed the a%bitious
7radhan 5antri Jan 2han Mo
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?th3a
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The %u#h4awaited %ini%u% %onthly pension o 3s. , and a higher
wage #eiling o 3s. 9, or so#ial se#urity s#he%e run by retire%ent
und %anager -%ployees> 7rovident 1und Organisation (-71O) #a%e into
eGe#t ro% "epte%ber '*. This 3s. , pension s#he%e is being
%ade available under whi#h s#he%e o -71O ! "mployees Pension
Sheme 199> %"PS-9>&
With the deal or selling an a%phibious landing sea4plane to India fnaliAed
on "epte%ber '*, Japan would sell %ilitary hardware to a #ountry or
the frst ti%e sin#e World War4II. What is the na%e o this sea4plane ! GS-
2
6ity, the 94s#rip ben#h%ark index o the 6ational "to#k -x#hange (6"-)
#rossed whi#h %ilestone %ark or the frst ti%e on "epte%ber '*
! 85000 mar
1or%er /hie Justi#e o India 7. "athasiva% is poised to be#o%e the new
overnor o whi#h state, ater he a##epted the governorship o the state
! +erala
Whi#h publi#4se#tor bank de#lared 8ingfsher irlines, its pro%oter i (based on the $" i#e bu#ket
#hallenge), who has been honoured with an award by i/O6O, an
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international #onederation o 6Os, and the nited 6ations
! #anAulatha +alanidhi
The 3eserve &ank o India (3&I) #an#elled li#en#es o fve non4banking
fnan#ial #o%panies (6&1/s) on ' "epte%ber '*. These 6&1/s in#lude
ni#he% 1inan#e K -nterprises 7vt., "hi%ansu yaparik 8endra $td., "hree&hagwati 5arketing 7rivate $td. and "ureka Teknik 7rivate $i%ited. ll
these 6&1/s are based in sa%e #ity. Whi#h #ity is this ! +olata
What was the overall status o livesto#k population in the #ountry as
stated in the ?th$ivesto#k /ensus or '' released on F "epte%ber
'* ! O(erall deline of :D:? in li(esto population as
ompared to 2007
What was India>s position in the lobal /o%petitiveness 3eport '*49
that was released on F "epte%ber '* by eneva4based World -#ono%i#1oru% (W-1) ! 71stD"witAerland was on#e again pla#ed as the %ost
#o%petitive e#ono%y, ollowed by "ingapore and nited "tates.
What is the na%e o the newly laun#hed do%ain na%e in 2evanagari
s#ript that in#ludes C Indian languages in#luding ;indi and 5arathi
! Dharat domain
What is the na%e o a deadly =Tro virus whi#h ha#ks and steals
personal #redit and debit #ard data and is prowling in the Indian
#yberspa#e as announ#ed on F "epte%ber '* by Indian #yber se#urity
wat#hdog /-3T4In ! H)ao3
Whi#h #ity sent highest nu%ber o students to Indian Institutes o
Te#hnology (IITs) during '* as revealed in a detailed analysis by the Joint
I%ple%entation /o%%ittee (JIT), released by IIT 8haragpur !aipur
ollowed by 2elhi and ;yderabad. The data reveals that a%ong the states,
whi#h have the %axi%u% #andidates Hualiying, ndhra 7radesh
(C.F'0), 3a
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What is the na%e o a new bran#h o l4Paeda that was announ#ed by the
group on * "epte%ber '* to wage
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The /o%petition /o%%ission o India (//I) during "epte%ber '*
initiated an investigation against publi# se#tor general insurers and their
asso#iation. The 7" insuran#e #o%panies against who% this investigation
has been initiated in#lude 6ew India Insuran#e, Oriental Insuran#e, nited
India Insuran#e and 6ational Insuran#e, as well as their #o%bine, theeneral Insurers> (7ubli# "e#tor) sso#iation o India (I7"). What is the
reason or this investigation ! 'lleged anti-ompetiti(e praties
relating to third-party administrators %.P's& in health insurane
ommitted y these ompanies
Indian online ashion retailer Jabong will %erge with our other fr%s to
#reate a new global ashion e4#o%%er#e group as announ#ed by
Invest%ent & 8innevik and 3o#ket Internet , the two investors in
Jabong. What will be the na%e o the new group to be #reated with this
%ega4%erger ! !loal ashion !roup %!!&DThe newly #reated e4#o%%er#e entity lobal 1ashion roup (1) will #o%bine fve ashion e4
#o%%er#e businesses, na%ely 2afti ($atin %eri#a), Jabong (India),
$a%oda (3ussia K /I"), 6a%shi (5iddle -ast) and Salora ("outh -ast sia
K ustralia).
The $aw 5inistry o India has opined that the overn%ent o India has all
the powers to print #urren#y notes o 3e. deno%ination. Why the opinion
o $aw 5inistry on this issue was taken ! .he *)I /as of the (ie/ that
/ith the repeal of Setion 2 of the Curreny Ordinane5 the
!o(ernment of India is not empo/ered to issue note ofdenominational (alue of one rupeeD
The nion overn%ent during "epte%ber '* asked -xpenditure
5anage%ent /o%%ission (-5/) to suggest an eGe#tive strategy or
%eeting reasonable proportion o expenditure on servi#es through user
#harges. The newly set up -5/ will have to review the %a
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&arring a ew, %ost o the lie insuran#e #o%panies have dis#losed lower
=persisten#y ratios> or the frst Huarter o the #urrent fs#al ended F June
'* as also or the ull fnan#ial year ended F 5ar#h '*. What is the
reason or lower =persisten#y ratio> ! ' ne/ standardised dislosure
regime put in plae for insurane setor
/hina last year relaxed its #ontroversial de#ades4old one4#hild poli#y whi#h
was designed to #urb population growth as the #ountry grappled with
loo%ing de%ographi# #risis with the in#rease in the nu%bers o old aged
people. Till "epte%ber '* nearly ', #ouples have been allowed to
have a se#ond #hild in &eis One /hild 7oli#y, whi#h was
re#ently %odifed to %eet de%ographi# #hallenges. What are the %ain
de%ographi# proble%s o the =One /hild 7oli#y> that /hina has been a#ing
or years now ! Kider gender gap5 delining laour fore and an
aging population
What is the na%e o the world>s %ost expensive and eagerly awaited
video ga%e, whi#h is expe#ted to be grabbed by a re#ord %illion
players on the day o release on ? "epte%ber '* ! $estiny
ter being in business or seven years, 1uture enerali $ie Insuran#e has
reported its %aiden Huarterly proft during the Huarter ended F June
'*. 1uture enerali $ie Insuran#e is the part o whi#h group ! uture
!roup
Whi#h state re#orded the astest growth rate a%ong Indian states during
'F4* as dis#losed the newly released data by the /entral "tatisti#al
OB#e (/"O) !#adhya Pradesh ollowed by ttarakhand and &ihar.
Whi#h publi#4se#tor bank during "epte%ber '* sought per%ission o the
3&I to laun#h #onta#t4less debit #ards whi#h would enable #usto%ers to
#arry out so%e transa#tions without entering the pin nu%ber ! S)I
"tate &ank o India ("&I) on C "epte%ber '* laun#hed its frst %ulti4#urren#y international debit #ard to allow #onsu%ers to use a single #ard
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to pay in %ultiple #urren#ies. This #ard laun#hed in a tie4up with
5aster/ard would, at present, enable #usto%ers to load how %any
international #urren#ies in this #ard ! our
2uring "epte%ber '* India a ree trade agree%ent (1T) in the area o
servi#es and invest%ents with whi#h asso#iation o #ountries
! 'S"',%'ssoiation of Southeast 'sian ,ations&
Whi#h two %ost4awaited new s%art phones were laun#hed by pple In#.
on ? "epte%ber '* ! iPhone 6 and iPhone 6 Plus
Whi#h state govern%ent oB#ially de#lared "epte%ber ? as =Himalaya
Diwas> on ? "epte%ber '* ! Gttarahand
What is the na%e o 8olkata4born &ritish author whose latest novel =The
Lives of Others> was shortlisted or the prestigious 5an &ooker 7riAe
'* ! ,eel #uherAee
The 3eserve &ank o India (3&I) on ? "epte%ber '* fxed the %axi%u%
age or 5anaging 2ire#tors and /hie -xe#utive OB#ers in private se#tor
banks at :. This age fxation has been done pri%arily with regard to
whi#h a#t to be #o%plied by the #o%panies ! .he Companies 't5
201:
##ording to data released by the World 5eteorologi#al Organisation
(W5O) the levels o #arbon dioxide in the at%osphere rose at the highest
rate in nearly three de#ades in 'F. This in#rease in #arbon dioxide was
the biggest in#rease in #arbon dioxide levels sin#e whi#h year ! 198=
="aral 3oAgar> #ards were laun#hed in West &engal during "epte%ber '*
with the ai% to #reate a #o%%on pool o
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The i#oni# ;5T range o wat#hes is on its way to be#o%e history as the
nion overn%ent has de#ided to shut4down ;5T Wat#hes and ;5T
/hinar Wat#hes $td. The two are the wholly4owned subsidiaries o ;5T
$td. and are engaged in %anua#turer o ;5T wat#hes. In whi#h year ;5T
wat#hes were introdu#ed ! 1961
"tate &ank o India ("&I) has re#ently planned an in#entive plan or its
e%ployees, whi#h, i i%ple%ented, would be the frst o its kind in the
publi# se#tor banking spa#e. What plan is this ! .o roll out an
employee sto option sheme %"SOS& for employees
Whi#h private4se#tor bank announ#ed its uniHue =/ardless /ash
Withdrawal> servi#e on "epte%ber '*, whi#h allows its #usto%ers to
transer %oney ro% their a##ount to anyone in India with a %obile
nu%ber ! ICICI )an
The nion govern%ent on "epte%ber '* gave a go4ahead to the
%u#h4awaited disinvest%ent in /oal India $td (/I$), whi#h #ould et#h over3s. 'F, #rore to the ex#heHuer. ;ow %u#h stake o /I$ will be divested
! 10?
The -xpenditure 5anage%ent /o%%ission (-5/) was announ#ed in the
nion &udget '*49 by 1inan#e 5inister run Jaitley. The -5/ will
review the allo#ated and operational eB#ien#ies o govern%ent
expenditure to a#hieve %axi%u% output and will give its interi% report
within this fnan#ial year ('*49). Who has been appointed as the/hair%an o the -5/ ! )imal alan (1or%er 3&I overnor)
India>s frst 7"4based all4wo%en &haratiya 5ahila &ank (&5&) was
laun#hed by the then 7ri%e 5inister 5an%ohan "ingh on ? 6ove%ber
'F. Who headed the #o%%ittee that prepared the blue4print or
&haratiya 5ahila &ank ! #), *ao, or%er /52 o /anara &ank.
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Whi#h #o%%ittee had %ade the i%portant re#o%%endation to provide a
niversal -le#troni# &ank ##ount (-&) ea#h Indian #itiAen above the
age o eighteen years by January '+ ! ,ahiet #or Committee
The revival o the 8isan ikas 7atra (87) was announ#ed in the nion
&udget '*49 on July '*. The nion ovt. is now planning to re4
introdu#e the 87 ro% O#tober '*. The 87 was dis#ontinued ro%
6ove%ber ' on the re#o%%endation o whi#h #o%%ittee>s ! .he
Shyamala !opinath Committee
On ' pril '* I21/ $i%ited and &andhan 1inan#ial "ervi#es 7rivate
$i%ited were granted in4prin#iple approval or bank li#en#es out o a total
'9 appli#ants or these li#en#es. Who headed the #o%%ittee to s#rutiniAe
these '9 appli#ants !)imal alan
The Tax d%inistration 3eor% /o%%ission (T3/), headed by
7arthasarathy "ho%e, sub%itted its frst report during July '*. In this
report it endorsed the re#o%%endation given by the i#oni# ??'
#o%%ittee on Tax 3eor%s to abolish the post o 3evenue "e#retary in the
5inistry o 1inan#e. Who headed that a%ous #o%%ittee on Tax 3eor%s inIndia ! *aAa Chelliah
Who headed the #o%%ittee on /redit Inor%ation 3eports (/I3s), whi#h
sub%itted its report to the 3eserve &ank o India (3&I) during 5ar#h '*
!'ditya Puri, /hair%an o ;21/ &ank
With the introdu#tion o /ore &anking "olution (/&"), it was expe#ted that
#usto%ers o banks would be treated unior%ly at any sales or servi#e
delivery point. It was, however, observed that so%e banks were
dis#ri%inating against their own #usto%ers on the basis o one bran#h
being designated as the =ho%e> or =base> bran#h. Who headed the
#o%%ittee on /usto%er "ervi#es in &anks ('F), whi#h threw a%ple light
on this issue ! #D $amodaran
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Who headed the #o%%ittee on Tendulkar /o%%ittee %ethodology or
esti%ating poverty, the report o whi#h was sub%itted to 7lanning
/o%%ission on July '* ! CD *angaraAanD
The 3eserve &ank o India (3&I) during January '* #onstituted an C4
%e%ber expert #o%%ittee to review the governan#e o bank boards in
India, whi#h in#ludes exa%ining the ownership and salary stru#ture o
banks. Who headed this #o%%ittee ! P ,ai, or%er /hair%an and /-O
o xis &ank
##ording to 6I/-1>s latest report on "outh4sia, India had the se#ond4
highest nu%ber o #hild %arriages and the highest nu%ber o unregistered
#hildren under age fve between ' and ''. Whi#h #ountry had the
highest rate o #hild %arriages in the region during the #orresponding
years ! )angladesh
2rugs %anua#tured at the Indian plant o a huge /anadian generi# drug
#o%pany #a%e under fre ro% the .". 1ood and 2rug d%inistration
("12) or serious Huality4related def#ien#ies. This #reated a huge urore
in /anada. Whi#h drug #o%pany is this who>s &angalore plant #a%e underfre ! 'pote Corporation
The integration o &order "e#urity 1or#e (&"1) with whi#h state level geo4
inor%ati#s agen#y o u
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in our %onths. $atorre and ellow %arine "alvatore irone are living at
whi#h pla#e while a#ing their #ri%inal prose#ution in India ! .he Italian
"massy
Who was ele#ted as the new /hair%an o the dvertising "tandards
/oun#il o India ("/I) on ' "epte%ber '* ! ,arendra 'm/ani
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