General Awareness - 2012 · C.R. Rajeeve 1 General Awareness General Awareness - 2012 HOT TIPS Bank...

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C.R. Rajeeve 1 General Awareness General Awareness - 2012 HOT TIPS Bank Lending rates (As on 21 st May 2012 ) Bank Rate : 9.00% : Bank rate is the rate at which RBI lends long term loans to commercial banks. Repo Rate : 8.00% : Repo rate is the rate at which RBI pro- vides short term loans to commercial banks. : In April 2012, repo rate was reduced to 8.00% from 8.50% Reverse Repo Rate : 7.00% : Reverse Repo Rate is the rate of inter- est RBI provides to the commercial banks for keeping their excess fund with RBI. : In April 2012, reverse repo rate was reduced to 7.00% from 7.50% Cash Reserve Ratio : 4.75% : It is the amount the commercial banks must keep as reserve with RBI. : In March 2012 CRR was reduced to 4.75% from 5.50% Statutory Liquidity Ratio : 24% : SLR - It is the amount banks are re- quired to maintain as liquid assets in the form of gold, cash and approved securities. : SLR was reduced to 24% from 25% in December 2010. Prime Lending Rate (PLR) : Prime Lending Rate is the interest rate charged by banks to their most secure, trustworthy customers on short term loans.PLR is also known as Bench- mark Prime Lending Rate (BPLR). : RBI replaced PLR with Base Rate with effect from 1 April 2011.PLR is only applicable to loans existed before this date.For all new loans applicable in- terest rate is base rate : Why PLR was replaced with Base Rate? To bring transparency in interest regime.Under PLR banks had the right to provide their prime customers loan at a rate lower than PLR.This practice has been stopped with the replacement.Under Base Rate no bank can lend below base rate SBI Base Rate : 10% : Base rate – The rate of interest used by commercial banks as a basis for their lending rates.Banks have the right to fix their Base Rate but they cannot lend below Base Rate. : 10% is the base rate of SBI with ef- fect from 23-4-2012 Marginal Standing Facility: 9.00% Marginal Standing Facility (MSF) is a new scheme announced by the Reserve Bank of India (RBI) in its Monetary Policy (2011- 12). It came into effect from 9th May 2011. MSF scheme is provided by RBI where the banks can borrow overnight upto 1 per cent of their net demand and time liabilities (NDTL) i.e. 1 per cent of the aggregate deposits and other liabilities of the banks. The rate of interest for the amount accessed through this facility is fixed at 100 basis points (i.e. 1 per cent) above the repo rate for all scheduled commercial banks.

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Page 1: General Awareness - 2012 · C.R. Rajeeve 1 General Awareness General Awareness - 2012 HOT TIPS Bank Lending rates (As on 21st May 2012 ) Bank Rate : 9.00%:Bank rate is the rate at

C.R. Rajeeve 1 General Awareness

General Awareness - 2012HOT TIPS

○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○

Bank Lending rates(As on 21st May 2012 )

Bank Rate : 9.00%Bank rate is the rate at which RBI lendslong term loans to commercial banks.

Repo Rate : 8.00%Repo rate is the rate at which RBI pro-vides short term loans to commercialbanks.In April 2012, repo rate was reducedto 8.00% from 8.50%

Reverse Repo Rate : 7.00%Reverse Repo Rate is the rate of inter-est RBI provides to the commercialbanks for keeping their excess fundwith RBI.In April 2012, reverse repo rate wasreduced to 7.00% from 7.50%

Cash Reserve Ratio : 4.75%It is the amount the commercial banksmust keep as reserve with RBI.In March 2012 CRR was reduced to4.75% from 5.50%

Statutory Liquidity Ratio : 24%SLR - It is the amount banks are re-quired to maintain as liquid assets inthe form of gold, cash and approvedsecurities.SLR was reduced to 24% from 25%in December 2010.

Prime Lending Rate (PLR)Prime Lending Rate is the interest ratecharged by banks to their most secure,trustworthy customers on short termloans.PLR is also known as Bench-

mark Prime Lending Rate (BPLR).RBI replaced PLR with Base Rate witheffect from 1 April 2011.PLR is onlyapplicable to loans existed before thisdate.For all new loans applicable in-terest rate is base rateWhy PLR was replaced with BaseRate?

To bring transparency in interestregime.Under PLR banks had the rightto provide their prime customers loanat a rate lower than PLR.This practicehas been stopped with thereplacement.Under Base Rate no bankcan lend below base rate

SBI Base Rate : 10%Base rate – The rate of interest usedby commercial banks as a basis fortheir lending rates.Banks have the rightto fix their Base Rate but they cannotlend below Base Rate.10% is the base rate of SBI with ef-fect from 23-4-2012

Marginal Standing Facility: 9.00%Marginal Standing Facility (MSF) is a newscheme announced by the Reserve Bankof India (RBI) in its Monetary Policy (2011-12). It came into effect from 9th May 2011.MSF scheme is provided by RBI where thebanks can borrow overnight upto 1 per centof their net demand and time liabilities(NDTL) i.e. 1 per cent of the aggregatedeposits and other liabilities of the banks.The rate of interest for the amount accessedthrough this facility is fixed at 100 basispoints (i.e. 1 per cent) above the repo ratefor all scheduled commercial banks.

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17th SAARC Summit : Addu, Maldiveswas held in Nov. 2011

South Asian Association for RegionalCo-operation has 8 members - India,Bangladesh, Pakistan, Sri-Lanka,Maldives, Nepal, Bhutan and Afghani-stanSAARC Secretariat is at Kathmandu,Nepal.

India Economic Summit 2011India Economic Summit of World Eco-nomic Forum was held at Mumbai inNovember 2011.Union Minister of Industries: AnandSharma

Shanghai Co-operation : OrganisationHeads of Government Meeting was held inSt. Petersburg, Russia in November 2011.

The Union Minister of Power SushilKumar Shinde represented India in theMeeting

2010-20 is observed as the Decade ofInnovation by India

NIC: National Innovation Council.Sam Pitroda is the Chairman of NIC.Govt. provided 100 crore as seedmoney for setting up India InclusiveInnovation Fund.

John Key: Re-elected as the New ZealandPrime Minister for a second term in No-vember 2011.

Wellington is the capital of NewZealand

Non Stop India: A book by Mark Tully,the former BBC correspondent in India

No Full Stop in India, Heart of Indiaare his other books.

APEC Summit: Honolulu, USA was heldin November 2011. There was disagree-ment between USA and China on tradepolicy and human right issues.

APEC - Asia- Pacific EconomicCooperation.

Himachal Pradesh has become the first

state in India to have prepared its greenhouse gas inventory. It has calculated itstotal carbon emission from various sectorslike energy, industry, transport and tour-ism.India has been elected to the United Na-tions Joint Inspection Unit (JIU) by de-feating China.Russia, Belarus and Kazakhstan form Eur-asian Union, an economic body designedto re-integrate the former Soviet economiesWho is known as the ‘missile woman’ ofIndia ?Tessy Thomas

She is the project Director of Agni IVand Senior Scientist behind Agni VMissile..Agni IV range is 3000 kmAgni V’s range is 5000 km.

Rahul Dravid was selected for the PollyUmrigar Award for the best Cricketer ofthe 2010-11 season by the BCCI.

Dravid is popularly known as the wall.Recently he announced retirementfrom Test Cricket.

Aamir Khan: National Ambassador ofUNICEFAjit Wadekar, the former Indian CricketCaptain has been selected for Col. C.K.Nayudu Life time Achievement Trophy byBCCIIAAF Athlete of the year 2011.

Men: Usain Bolt of Jamaica (Sprint)Women: Sally Pearson of Australia(110m Hurdle)

Fiscal deficitFor 2011-12, the govt. had estimated a defi-cit of Rs. 4.12 lakh crore or 4.6% of GDP.The first Cricketer in the world to take 500Test Catches: Mark Boucher of South Af-rica (on Nov. 9, 2011)Mario Monti - New Prime Minister ofItaly. He was the former European Com-missioner.

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Nabam Tuki (Congress) is the New ChiefMinister of Arunachal Pradesh.The Social Activist Ela Bhatt wins IndiraGandhi Prize for Peace, Disarmament andDevelopment, 2011.

Ela Bhatt is the founder of SEWA (SelfEmployed Women’s Association)

UNESCO - Madanjeet Singh Prize - 2011.MS. Anarkali Honaryar, AfghanWomen’s right campaigner and Mr.Khaled Abu Awwad, the Palestinianpeace activist won UNESCO- MadanjeetSingh Prize 2011, jointly.

Ivian Lunasol Sarcos Colmenares (Ven-ezuela) won Miss World 2011, at Londonon November 2011.9th ASEAN - India Summit was held in Bali,Indonesia on November 19, 2011.Brahmos is the cruise missile jointly devel-oped by India and Russia.Postal Savings Collection Rs. 274720 crorefor 2010 - 2011 in India. A 9% growthCompared to 2009-10.Climate Summit for a Living Himalayas washeld at Thimphu, Bhutan in November 2011.Kannada author S.L. Bhyrappa wonSaraswathi Samman 2011, for the novel‘Mandra’.Government notify 100% FDI in singlebrand retail. So far the sector allowed only51% FDI.

Government also thought of allowing51% FDI multi-brand retail. But dueto stiff opposition, the decision wasfrozen.

World Economic Forum Annual meeting2012 was held at Davos, Switzerland inJanuary 2012. The theme of the summitwas The Great Transformation ShapingNew Models.The European Union (EU) agreed on Janu-ary 30, 2012 on tougher measures to en-force budget discipline in Euro Zone.

Amnesty in MyanmarIn a significant development Myanmar par-doned and freed a number of prominentpolitical prisoners on January 13, 2012.

Amnesty: General PardonWorld Forestry Day: March 21.Martin Schulz of Germany is the NewPresident of European Union.India signed multilateral Convention onMutual Administrative Assistance in Taxmatters. It is a multilateral agreement thatpromote international co-operation whilerespecting the rights of tax payers.

The move will help India to get infor-mation on black money stashedabroad.

India eradicated polio on January 13, 2012India reached a major milestone of com-pleting a year without any new case of WildPolioINS Chakra is India’s nuclear power sub-marine. India leased it from Russia for 10years. Its Russian name is Nerpa.India decided to buy 126 Rafale fighter jetsfrom France for Indian Air Force for $ 10.2billion dollars.

Mirage fighter jets are French madeF-35 fighter jets are US made.

Bhelupur is a village in Bihar, Kamla PersadBissessar, the Prime Minister of Trinidad

International Stock ExchangesDow Jones ........................... NewyorkNikkei .................................. TokyoHang Seng ......................... Hong KongFTSE ................................ LondonBovespa ................................... BrazilKospa ................................... KoreaDolex ................... Mumbai (India)Mid Dax ............................. FrankfurtSimex ............................ Singapore

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and Tobago visited this place in search ofher roots. Her ancestors belonged here.Rajasthan retains Ranji Trophy Cricket 2012defeating Tamil Nadu in January 2012.What is CRIS?Comparative Rating Index of Sovereigns(CRIS) was unaveiled by Chief EconomistKaushik Basu on the basis of sovereign rat-ing of various countries compiled throughrating data of Moody’s and GDP data ofthe IMF (International Monetary Fund).In terms of CRIS India’s rank moved upfrom 61st position in 2007 to 55th in 2011.International Women’s Day: March 8Vikramjit Singh Sahney of the Sun Groupelected as the new President of SAARCChamber of Commerce and Industry(SCCI).The Director General of Indian Cost Guard:M.P. Muralidharan.Lakshya : India’s pilotless Target Aircraft.World Consumer Rights Day:March 15.Ma Ying Jeou has been re-elected thePresident of Taiwan.Rafeeque Ahmed is the New President ofThe Federation of Indian ExportOrganisation (FIEO).Daniel Ortega re-elected President ofNicaragua for the third term.

Managua is the Capital of Nicaragua,a Central American Country.

Sheikh Hasina Prime Minister ofBangladesh visited Tripura to address theIndia - Bangladesh Business meet organisedin January 2012.Lionel Messi of Argentina and Barcelonaplayer won ‘FIFA Ballon d’’2012. He iswinning the award three times in a row.David Cameron : British Prime MinisterThe Prime Ministers Economic AdvisoryCouncil Projects an ambitious growth rate

of 7.5% to 8% for 2012-13 fiscal. PMEACChairman Dr. C. Rangarajan said that thegrowth rate in 2011-12 was likely to be7.1% which is marginally higher than the6.9% growth rate projected by Central Sta-tistical Organisation (CSO).

In 2010-11 GDP growth was 8.4%Indian hockey team qualifies for LondonOlympics 2012 by defeating France by 8-1in New Delhi on February 26, 2012.Vitali Klitschko of Ukraine won the WorldBoxing Council (WBC) heavy weight titleby defeating Dereck Chistora of UK. It ishis 10th successive victory.Mohammed Waheed Hassan is the newPresident of Maldives.New Chief of Army Staff: GeneralBikram Singh.BMD : Ballistic Missile Defence

India succeeded in developing intercep-tor missile to destroy enemy missiles.MI-17 V5 are Russian helicopters inductedto Indian Air Force.Torpedo Advanced Light (TAL)It is an indigenously built advanced lightweight torpedo handed over to Indian Navyfor its use.Akash missile has been inducted toIndian Air Force for its use$ 293.44 billion is India’s foreign exchangereserve on February 24, 2012.India is the 19th most exposed nation glo-bally to external risks. The data is releasedby Frontline risk analysis company Maplecroft in February 2012 on the list of 178countries, Somalia tops the list.

High corruption, terrorism political vio-lence are some of the most prevalentrisk in India.

RBI hikes bank rate to 9.5%RBI on February 13, 2012 increasedthe bank rate from 6% by 3.50 pointsto 9.5%. The hike was made after the

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bank rate remained static for nearlynine years.

White Label ATMs (WLA)RBI has decided to Permit non-banks toset up ATMs. They will be known as WhiteLabel ATMs. They would provide ATMService to customers of all banks.International Literacy Day: March 8World Water Day : March 22Jawhar Sircar is the new CEO of PrasarBharati.In the Name of People : K.R. Narayan44th session of Indian Labour Congress washeld at New Delhi on February 14, 2012.Japan tops in aid to India: Among theforeign countries which give aid to India,Japan is on the top by giving India $ 22billion every year. India gets $ 5 billion fromGermany, $ 4.6 billion from UK, $ 10 bil-lion from U.S.A and $ 2.6 billion from Rus-sia.Sauli Niinisto is the New President ofFinland.Amartya Sen was conferred the Presti-gious National Medals of Arts and Humani-ties award by US President Barack Obamain February 2012.Shahrukh Khan is West Bengal’s brandambassador.

May 24 : Commonwealth DayRiver of Smoke : Amitav Ghosh.Aakash -2 Project aims to distribute 50lakh tablet personal computers to studentsin 2012-13 at the cost of Rs. 1700 crore.Rahul Dravid on March 9, 2012 Retiredfrom Test Cricket. He has scored 13, 288runs in 164 Tests and he has made 36centuries.International Nurses Day: May 12Saina Nehwal retain Swiss Open GrandPrix Gold Trophy (Badminton) 2012. Sheis now World No 5 in Badminton.Pakistan win Asia Cup 2012 (Cricket) de-feating Bangladesh at Dhakha.

India women won Khabaddi world cup2012 by beating Iran in the final in Patna,Bihar on March 4, 2012.Leung Chun Ying has been elected ChiefExecutive of Hong Kong in March 2012.Sachin Tendulkar Scored 100 hundredsin Cricket when he scored 114 againstBangladesh in the Asia Cup One Day In-ternational. He became the First cricketerto score 100 centuries. 51 test centuriesand 49 one day International centuries.May 31: Anti-Tobacco DayNuclear Security Summit 2012 was heldin Seoul, South Korea.Encyclopaedia Britanica goes digital.After 244 years in print, it no longer go-ing to make new physical copies. 32 vol-ume valued $ 1400 edition put out in 2010was its last.Kashmir clone its Pashmina goat in March9, 2012.

This is India’s second cloned animal.The first was a cloned buffallo calf Ga-rima at Karnal, Haryana in 2009.

India External debt $ 334.9 billionIndia’s total external debt at the end ofDecember 2011 stood at $ 334.9 bil-lion.

Rates on small savings schemesincreased.

Centre on March 26, 2012 hiked therate of interest on post office small sav-ings plan for 2012-13. Interest on Sav-ing deposit is kept unchanged at4.00%. But term deposit for one yearand two year increased to basis eachto 8.2% and 8.3% respectively.

Share of Agriculture in GDP down to13.9% in 2011-12.

The share of agriculture and allied sec-tor in India is gross domestic product(GDP) declined to 13.9% in 2011-12from 14.5% in 2010-11.

Agriculture and allied sectors achieved agrowth rate of 2.5% in the 2011-12.

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Food grain production during 2011-12 hasbeen estimated at 250.42 million tonne.PF rate of Interest brought down to8.25% for 2011-12. The rate was 9.5%in 2010-11.RBI reduced the Cash Reserve Ratio(CRR) by 75 basis point from 5.5% to4.75% with effect from March 10, 2012.This reduction would inject around Rs.48000 crore of primary liquidity into thebanking system.Lok Sabha approves judicial Accountabil-ity Bill on March 30, 2012 which providesa mechanism for investigation againstjudges.Nuclear Fuel Complex (NFC) Hydera-bad successfully manufactured criticaltubes required for steam generations ofnuclear plant. Only 3 companies in theworld produce nuclear tubes. NFC hasbecome 4th Company in the World.India has been ranked 9th in the global listof bird wealth. The list was compiled byBird Life International, the global partner-ship of conservation organisation’s thatendeavours to conserve birds, their habi-tats and global biodiversity.PMAGY: Pradhan Manthri AdarshGram Yojana : Planning Commission hascleared the transfer of PMAGY to theMinistry of Rural Development from theMinisters of Social Justice and Empow-erment. The Programme aims for integrat-ed development of all village with morethan 50% scheduled cast population. Thegovt aims to cover 44000 villages duringthe 12th Five Year Plan.May 8 : World Red Cross DayMay 11 : National Technology Day.Union Budget 2012-13 was presented inthe Parliament on March 16, 2012. Usu-ally it is presented on the last working dayin February. But due to assembly electionsin various states, it got delayed.

The Centre has identified seven megawater projects and corridors all over thecountry for private sector investment inthe 12th Five Year Plan Period. The outlayof the Programme is Rs. 12000 crore.India Biggest Arms Importer in theworld 2007-11 report.According to Stockholm InternationalPeace Research Institute (SIPRI) onMarch 19, 2012, India was the World’slargest Arms Importer between 2007-2011. India account for 10% of Globalarms import during 2007-11. Other largeimporters are South Korea (6%)Pakistan (5%) China (5%) and Singapore(5%)

India import nearly 70% its defencerequirements.

Iran allows IAEA to inspect ParchinMilitary facility.

In a significant development Iran an-nounced on March 6, 2012 that it wasready to open its Parchin Military fa-cility for inspection by the InternationalAtomic Energy Agency (IAEA).Denial of Access to Parchin was oneof the biggest problem in the recenttalk between the IAEA and the Irani-ans.

India votes against Sri Lanka.On March 22, 2012 India voted for a Unit-ed Nation sponsored resolution at the Unit-ed Nations Human Right Council (UN-HRC) censuring Sri Lanka for its allegedrights violations during the war against theLiberation Tigers of Tamil Eelam (LTTE).The resolution was passed with 24 votesfor and 15 against.The Wealth Report 2012 has forecast thatIndia, surpassing China will becomeworlds largest economy by 2050. China

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will surpass USA by 2020 to become thelargest economy in the world.

Indian economy has been estimated toreach $ 85.97 trillion size in terms ofpurchasing power parity by 2050 whileChineese GDP is estimated to be $80.02 trillion.

More than Rs. 31000 crore has been re-ceived as foreign contribution by 65500Indian NGOs from 2007 to 2010 inIndia.

NGO - Non Governmental Organisa-tions.

Aadhaar: Project to provide identity toall Indian undertaken by UIDAIKudamkulam Nuclear Project is inTamil Nadu. It is being built with Rus-sian help.Haft II Missile belong to Pakistan.Putin is the new Russian President. Hewas the Prime Minister of Russia. AndDmitry Medvedev who was the RussianPresident became Russian Prime Minis-ter. Both the Russian President and PrimeMinister exchanged their positions.The fiscal deficit in the country hascrossed Budget Estimate for 2011-12. Thegovernment had expected the deficit to be4.6%. It is expected to rise to 5.9% of theGDP for 2011-12.Tech - Mahindra & Mahindra Satyammerge together on March 21, 2012.The government has given its approval forthe central public sector Enterprises to gofor buy back of shares.The disinvestment target for 2011-12 wasRs. 40000 crore but govt could collectonly RS. 14144.50 crore.

Economic Survey 2011-12 HighlightsIndia’s economic growth estimated at6.9% in 2011-12.GDP expected to grow 7.6% in 2012-13and 8.6% in 2013-14.

Service Sector grows by 9.4% and itsshare in GDP goes upto 59%.Industrial growth in 2011-12 4% to 5%Agriculture growth forecast 2.5%.Centre spending on Social Services goesup to 18.5% in 2011-12 from 13.4% in2006-07.

Union Budget 2012-13 HighlightsFiscal deficit at 5.9% of GDP in 2011-12.Disinvestment target in 2012-13 is 300 bil-lion rupees.Service tax raised from 10% to 12%.Subsidies to be kept under 2% of GDP in2012-13 and under 1.7% of GDP in thenext three years.NCTC - National Counter TerrorismCentre.

RTGS : Real Time Gross Settlement.

It is used for transferring money fromone bank account to another bank ac-count. It has no upper limit

ASSOCHAM: Associated Chambers ofCommerce and Industry

Rajkumar Dhoot the President ofASSOCHAM.

Indian Agricultural Research Institute(IARI) conferred “Degree of Doctor ofScience” to Dr. Manmohan Singh.

45th Jnanpith Award was jointly won byHindi Writers Amar Kant and Shrilal Shuklathe latter passed away after the announce-ment of the award.

India and Saudi Arabia have decided toset up a Joint Committee on DefenceCo-operation.

Ministry of Tourism and Ministry of In-formation and Broadcasting take a majorinitiative to promote the Incredible IndiaCampaign and India as a Filming Des-tination.

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Cinemas in India will be made a sub brandof incredible India campaign - to sell bothtourism and cinemas abroad.

ASOSAI : Association of Supreme AuditInstitutions.

Comptroller and Auditor General of In-dia Vinod Rai is the new Chairman ofASOSAI.

Which is a 45 nation strong Asianorganisation of the Institutions of theAccountant General.

ASOSAI is the largest RegionalOrganisation of the Govt. Auditors.

The number of poor in the developing worlddeclined to 1.29 billion during 2005-08 from1.94 billion in 1981 --- World Bank.

Larsen and Toubro has appointed K.Venkataraman as its CEO and Manag-ing Director.

India GDP will grow 7-7.5% in 2012-13 -World Bank.

FDI to India grows up 31% to $ 27.5 bil-lion in 2011.

In 2010 FDI to India was $ 21 billion.

The sectors that attracted maximumFDI 2011 include service (financial andnon financial) telecom, housing, realestate and construction & Power.

Mauritius, Singapore, the US, the UK,the Netherlands, Japan, Germany andUAE are the major investors in India.

Andrew Symonds of Australia retired fromcricket in February 2012.

Maldives has been suspended from theCommonwealth Ministerial Action Groupdue to Political turmoil.

Ericsson exist Mobile handset joint ventureSony Ericssion.

CMIE : Centre for Monitoring IndianEconomy

CMIE has estimated India GDP growthfor 2011-12 at 7%.

It projected 7.7% GDP growth for2012-13.

But Prime Minister’s Economic Advi-sory Council expect the GDP growthfor 2011-12 at 7.1%.

BSE - Greenex : is the first environmen-tal Friendly Equity Index of Bombay StockExchange.

West Indies Cricketer Runako Morton waskilled in a road accident.

Tata Steel is India’s most admired com-pany. It tops in a list of 50 most admiredcompanies in India - Fortune Magazine.

The Centre roll back ban on cotton exportfollowing wide spread opposition.

As per the Houselisting and HousingCensus 2011, the census houses increasedfrom 25 crore to 33 crore. There is an in-crease of 6 crore census houses for resi-dential and partly residential purposes.

58% of households have bathing fa-cility within the premises.

Around half of the houses have drain-age connectivity.

47% of the households have latrine fa-cility with in premises.

61% of households have kitchen fa-cility with 55% within premises and6% outside premises.

Less than 1 out of 10 houses have com-puter/laptop with only 3% havinginternet facility. The Penetration of

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Internet is 8% in urban as comparedto less than 1% in rural area.

63% of households have telephone /mobile facility with 82% in urban and54% rural area. The penetration ofmobile phone is 59% and landline is10%.

There is an increase of 16% in televi-sion and a corresponding decline ofabout 15% radio.

45% households are having bicycle,21% two wheelers and 5% four wheel-ers.

59% households are availing bankingfacilities with 68% in urban and 54%in rural areas. The rural urban differ-ence has reduced from 19 to 13 point

18% of the household do not have anyof the specified assets.

BASIC: Countries are Brazil, South Af-rica, India and China. Basic countries Cli-matic talk was held in February 2012 inNew Delhi.US decides to end its combat mission inAfghanistan in 2013 and is preparing forthe total pull out from Afghanistan in 2014.Teledensity in India 76.80% Urbanteledensity is 167.85 and rural teledensityis 37.48. (at December 2011)The number of telephone subscribers inIndia increased to 926.53 million at the endof December 11, 2011.Gavaskar inducted to ICC Hall of Fame onFebruary 8, 2012.Ravindra Jadeja has been paid $ 2 milliondollars (RS. 9.71 crore) for selection toChennai Super Kings for IPL Match. He isthe highest paid crickete for IPL 2012.Last man in Tower. Aravind Adiga.Number of Mobile Phone users in India is893 million in December 2011 as per TRAI.

MMT - Mobile Money Transfer.

India and Iran solve payment for exportshipment issue. The two countries agreedto accept payment in rupee terms.Govt. approved the proposal from IndianNavy to acquire nine Advanced MediumRange Maritime Reconnaissance (MRMR)aircraft for $ 1 billion. This is in addition tothe 12 Long Range Maritime Reconnais-sance (LRMR) aircraft being acquired bythe Navy at $ 3.1 billion.MDGs : Millennium Development Goals.

MDGs are a list of eight internationaldevelopment parameters that all the193 members of the UNO have toachieve by 2015. The progress in 8parameters is measured by 22 socio -economic indicators.Out of the 22 indicators, India hasachieved 7 while it is on the track toachieve another 3. The country is lag-ging behind the rest. According to theAsia Pacific Regional MDG report2011-12 compared to most of the na-tions in the Asia pacific, India has madevery slow progress in eradicating pov-erty over the period of 10 years. Indiaalso lagged behind in infant mortalityand maternal mortality rate. But madesignificant progress in primary enroll-ment ratio, bringing down tuberculo-sis prevalence rate, HIV prevalence rateand improving forest cover. But Co2emission increased in the country overthe period from 10 to 1.48 tonne percapita in 2008 from 0.8 tonne per capitain 1990

India-European Union (EU) annual sum-mit was held in New Delhi on February10, 2012.

The two sides made considerableprogress on their Broad based Tradeand Investment Agreement (BTIA)EU President is Herman VanRompuy

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CBI claims that Indians have the largestdeposits in banks abroad with an estimated$ 500 billion (nearly 24.5 lakh crore) in blackmoney in tax havens. The tax havens in-clude Mauritius, Switzerland, Liechtensteinand British Virgin Islands.Union Government gave its nod to the Na-tional Data Sharing and Accessibility policy.The policy is aimed to help effective fram-ing of National Policies and planning. Itmakes inter-department sharing data man-datory.Iran has announced that it had made fur-ther development in enriching Uranium.

Western World believes that Iran issecretly building nuclear weaponsthough Iran claims that it is usingnuclear technology for electricity pro-duction.The West is imposing sanction on Iranand isolating it on nuclear issue.

Syria is witnessing increasing public pro-test against its president Bashar al-Assad.

Recently Assad claimed that majorityapproved a new constitution in a ref-erendum which permit him to continueoffice till 2028.

Supreme Court cancels 122 2GLicenses.

Supreme Court on February 2, 2012declared the allocation of 2G spectrumby UPA government illegal and can-celled all 122 telecom licenses allottedon or after January 10, 2008.Former Telecom Minister A. Rajaawarded licenses to 11 companies dur-ing his tenure.

North Korea agreed on March 1, 2012 toput a freeze on its nuclear programme inexchange for food assistance from the US.The leadership also announced, it will al-low inspectors from International AtomicEnergy Agency (IAEA) to monitor theMoratorium.

SAFTA : South Asian Free Trade Agree-ment.

It is a trade agreement among SAARC.A meeting of export group of SAFTAwas held in Islamabad in February 2012to discuss schedules of specific com-mitments on services to be traded inthe SAARC region.

Bail out package for Greece.The finance ministers of the Eurozone na-tions on February 21, 2012 sealed a 130billion euro (172 billion) bail out packagefor Greece. The decision is expected to helpGreece avert Chaotic default.Christine Lagarde :IMF Managing Director.4th BRICS Summit 20124th BRICS Summit was held in New Delhi,India.in March 2012

Brazil, Russia, India, China and SouthAfrica are the members of BRICS.

The BRICS nations signed two agree-ments to provide line of credit to busi-ness community and decided to exam-ine the possibility of setting up a BRICSDevelopment Bank on lines of WorldBank

India to be the world’s largest economyby 2050

"China will overtake the US to becomethe world's largest economy by 2020,which in turn will be overtaken by In-dia in 2050," according to Wealth Re-port 2012 by Knight Frank & Citi Pri-vate BankMumbai & New Delhi are among thetop 20 fastest growing cities.

Fifth edition of the World Future En-ergy Summit

Fifth edition of the World Future En-ergy Summit was held in Abu Dhabi,capital of UAEThe theme of 2012 World Future En-

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C.R. Rajeeve 11 General Awareness

ergy Summit was - Sustainable Energyfor All

Nuclear Security Summit 2012Second Nuclear Security Summit washeld in Seoul March 2012. 53 headsof state and government, as well asrepresentatives of the United Nations(UN), International Atomic EnergyAgency (IAEA), European Union (EU)and INTERPOL, attended the 2012summitThe first Nuclear Security Summit washeld in Washington in April 2010

Qatar has been ranked as the world'sWealthiest country

The second and third positions wereoccupied by Luxemburg andSingapore. Liberia and Congo took thelast positions.

Foodgrain Production in 2011-12 at252.56 Million Tonnes

Releasing the data on Third AdvancedEstimate of production the Ministry ofAgriculture said the total food grainproduction is likely to be 252.56 mil-lion tonne in 2011-12 compared to244.78 million tonnes in the previousyear. (2010-11)

India's forex reserves rise by $213.8million

For the week ended on April 20, 2012,the country’s forex reserve hadreached an all time high of $ 293.14billion.

Subbarao RBI Governor said fiscal deficitis at 5.9% GDP in 2012. The current ac-count deficit is at 3.6% of GDP in 2012Agriculture Growth 3.5% likely in 11thFive year planUnion Government revised EconomicGrowth Rate for 2010-2011 Financial Year to 8.4 percent

The Union government on 31 January

2012 revised the economic growth ratefor 2010-2011 financial year to 8.4percent in comparison to the previousestimate of 8.5 percent.The Indian economy, Asia’s third-larg-est slowed in recent quarters due tothe impact of the global slowdown,high inflation and high interest rates.Policymakers estimated growth in2011-12 to be close to 7%GDP growth for 2009-2010 was8.00%

FDI up 31% to $27.5 bn in 2011Foreign direct investment (FDI) in In-dia went up by 31 per cent to 27.5billion US Dollars in 2011FDI inflows in 2010 totalled USD 21billion.

Dadasaheb Phalke Award 2011Mr. Soumitra Chatterjee, iconic BengaliActor won Dadasaheb Phalke Award2011The Dadasaheb Phalke Award is India'shighest award in cinema given annu-ally by the Government of India forlifetime contribution to Indiancinema.Value of the award is Rs 10Lakhs.

Miss Vanya Mishra won Miss IndiaWorld 2012 at the contest held inMumbaiIndia has emerged as the world No.1Arms importer.

India accounts for 9% of all global armimports.

99th Indian Science Congress 201299th Indian Science Congress was heldat the Kalinga Institute of IndustrialTechnology (KIIT) University inBhubaneswar.Prime Minister, Dr. Manmohan Singh,inaugurated

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C.R. Rajeeve 12 General Awareness

The theme of2012 Congress is ‘Sci-ence and Technology for Inclusive In-novation - Role of Women’.

India’s IIP growth stood at 4.1% in2011-2012

As per Index of Industrial Production(IIP) released by Central StatisticalOrganisation on April 2012, the over-all growth of Industry was 4.1% in2011-12. It was 7.8% in 2010-11and10.5% in 2009-10.

Republic of Yemen's new presidentAbd-Rabbu Mansour HadiIts capital Sanaa

Indian government has hiked interest rateon Employees’ provident Fund to 8.6% forcurrent financial year 2012-13 from earlierinterest rate of 8.25%.Who became Chief Minister of Punjab for record fifth time?

Parkash Singh BadalForbes Richest List 2012

Ist : Carlos Slim (Mexico) - $69 billion2nd : Bill Gates (USA) : $61 billion3rd: Warren Buffet (USA): $44 billion19th : Mukesh Ambani : $22.3 billion21th : Lakshmi Mittal : $20.7 billion

2012 Declared asInternational Year of Cooperatives(IYC) 'National Mathematical Year'Year of Intensification of RoutineImmunization (Health Ministry)

Who is the chairman of CBDT?M.C.JoshiCBDT :Central Board of Direct Taxes

India's 2012-13 fiscal deficit seen at4.1% of GDPGDP growth of India for the last yearsas shown in Economic outlook 2011-12 by PMEAC.

Year 2005-06 2006-07 2007-08 2008-09GDP 9.5 9.6 9.3 6.8Year 2009-10 2010-11 2011-12 2012 -13GDP 8.00 8.4 8.2 8** Expected growthPMEAC Projects India growth rate at8% in 2011-12

Prime Ministers Economic AdvisoryCouncil has modified its earlierprojections of economic growth at8.6% and later from 8.2% to 8% in2011-12.

UNCTAD Project India Growth at 8.1%in 2011.

United Nations Conference on Tradeand Development (UNCTAD) in itsreport has revised its projection of In-dia growth from 8.6% to 8.1% in 2011.UNCTAD projects world growth at3.1% in 2011.

Who is the Chairman of NMCC?V. KrishnamurthyNMCC is the newly reconstituted Na-tional Manufacturing Competitive nessCouncil. The NMCC is a 28 memberbody which has the Chief EconomicAdvisor Kaushik Basu and the Inter-national Economic Relations JudgeIsher Ahluwalia as two economists.

Pravasi Bhartiya Divas-2012The 10th Pravsi Bhartiya Divas heldin Jaipur,the Pink CityThe Prime Minister of Trinidad andTobago, Kamla Persad Bissessar wasthe Chief Guest of the event.The Prime Minister, Manmohan Singhinaugurated the event.

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C.R. Rajeeve 13 General Awareness

Over 1900 delegates from about 60countries were participated this year’sPBD.

Comptroller and Auditor General of In-dia (CAG) who has been appointed asthe Chairman of the Panel of UN Ex-ternal Auditor of IAEA and WIPRO

Vinod RaiIAEA is International Atomic EnergyAgency, a UN Agency with headquar-ters at Vienna, Austria.WIPRO is World Intellectual PropertyOrganisation, a UN Agency with head-quarters in Geneva.

What is GNP?Gross National Product is measuredas GDP plus income of residents frominvestments made abroad minus in-come earned by foreigners in domes-tic market.

Who is Jim Yong Kim? (South Korea)World Bank President.

9 Indians among 50 dynamic women inForbes Magazines inaugural list ofAsia’s most powerful business Womento watch.

Chanda Kochchar - ICICI BANKVinita Bali -Britannia IndustryShobhana Bhartia - Hindustan TimesKiran Mazumdar-Shaw BioconEkta Kapoor -Film makerZia Mody - AZB & PartnersShikha Sharma -Axis Bank

ICONSAT - 2012ICONSAT - 2012 will be heldHyderabad, India.ICONSAT : International Conferenceon Nanoscience and Technology

Which woman Prime Minister was theChief Guest of the Republic Day 2012celebrations in India?

Ms. Yingluck Shinawatra (Thailand)India-EU Summit 2012

12th India-EU Summit was held inNew Delhi on 10 February 2012.EU was represented by Herman VanRompuy, President of the EuropeanCouncil, and Mr. Jose Manuel DuraoBarroso, President of the EuropeanCommission.

Name the Chinese President who is inIndia on a 2-day visit to participate inthe BRICS summit 2012

Hu JintaoWho is appointed as the president ofNASSCOM in 2011-2012?

Rajender S. PawarNASSCOM:National Association ofSoftware and Services Company

Pantaloons Femina Miss India 2012Vanya Mishra

Who will become the first Indian and alsothe first woman to head the crucial taxtransparency unit of global finance body,Organisation for Economic Co-operationand Development (OECD) group ofG-20 countries and has 108 member na-tions?

Monica BhatiaAsia's Richest Man 2012

Ist:Li Ka Shing(Hong Kong):25.5 billion 2nd: Mukesh Ambani : $22.3 billion

Mahatma Gandhi International Awardfor Peace and Reconciliation 2011

Dalai LamaThe first car of Bajaj Auto, India's lead-ing two-wheeler manufacturer is named

RE 60Brand Ambassador for 2014 World Cupin Brazil ?

Pele

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New Chief MinistersState Chief MinisterPunjab Prakash Singh Badal

( Akali Dal)Uttarakhand Vijay Bahuguna

(Congress )Uttar Pradesh Akhilesh Yadav

(Samajwadi Party)Manipur Okram Ibobi Singh

(Congress)Goa Manohar Parrikar (BJP)Which game is Sebastian Vettel associ-ated with ?

Formula One car race.Yoshihiko Noda is the new Prime Min-ister of Japan.What is the amount included in the jobpackage US president Barack Obamaannounced recently

$ 447 BillionSunil Mittal appointed co-chair of In-dia Africa Business Council59th National Film Award

Held in New DelhiBest Picture : Deol (Marathi) and

Byari (Karnataka)Best Actor : Girish KulkarniBest Actress : Vidya Balan

(Dirty Picture)Brazil has become the Sixth-biggestEconomy in the WorldJnanpith Award 2009

Eminent Hindi authors Mr. Amar Kantand Mr. Shrilal Shukla shared theaward.

Jnanpith Award 2010Renowned Kannada writer Mr.Chandra Sekhara Kambar won it for2010.

World Food Prize 2011John Agyekum Kufuor, the former

President of Ghana and Luiz InacioLula da Silva, former President ofBrazil won World Food Prize 2011.

India, Iran look at $25 billion trade by2015

India and Iran plan to reach $25 billionin annual bilateral trade in the next fouryearscurrent bilateral trade is around $15bil-lion

Country's First Infrastructure DebtFund Launched

Four banking and financial servicesgiants ICICI Group, Life InsuranceCorporation, Citicorp Finance Indiaand Bank of Baroda on 5 March 2012joined to launch India's first infra-structure debt fund (IDF) to be struc-tured as a non-banking finance com-pany (NBFC)This was signed in the presence ofFinance Minister Mr PranabMukherjee.This company will have an initial eq-uity share capital of Rs 300 crore.

When is the Earth Hour 2012 will beobserved?

March 31 2012 (8:30pm to 9:30pm)Saraswathi Samman 2012Tamil Writer A.A. ManavalanWhich is the newest country in theworld?

Republic of South Sudan.Salva Kiir Mayardit has been electedPresident of South Sudan.

Capital :Juba2nd Term for Ban-ki-Moon: Ban-ki-Moonunanimously reelected as the Secretary Gen-eral of UNO for the 2nd term in office. Hebelongs to South Korea. UN Secretary Gen-erals term:5 yearsChina has become India’s largesttrade partner in South Asia

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C.R. Rajeeve 15 General Awareness

World Bank okays $50 million creditfor Assam farm projectNational Communal Harmony Award2011

Shri Khamliana (Mizoram) andShri Md. Abdul Bari (Odisha)

Brand Ambassador of BMCBombay Municipal CorporationSachin Tendulkar

New Union Railway Minister :Mukil Roy .He succeeded DineshTrivedi (both from Trinamul Con-gress)

Important Committees Related toBanking Industry

Y.V. Reddy Committee:Reforms InSmall SavingsRangrajan Committee: Computer-ization of Banking IndustryNarasimham Committee:FinancialSystemKamath Committee:Education LoanSchemeA.C.Shah Committee:NBFC

Food grain production India 2011-12252.56 million tonneIt was 241.56 million tonnes dur-ing 2010-11.

What is the percentage of FDI inmulti brand retail suggested by thecommittee of Secretaries

51%World Bank approved 109-millionDollar Grant for RACP

The World Bank on 28 March 2012approved a 109-million dollar grant tofund RACPRACP: Rajasthan Agricultural Competi-tiveness Project.

India ranked 62nd in innovation indexSEBI is Securities and Exchange Board

of India which regulate stock marketsin India.

U.K. Sinha is the Chairman of SEBI.India’s largest bank is SBI and largestprivate bank is ICICI.Governor of RBI is Dr. D. Subbarao.Headquarters of World Bank is inWashington.Sensex is the share trading index ofMumbai Stock Exchange.

It is based on the price movement of30 blue chip shares in Mumbai StockExchange.Blue Chip shares are most attractiveand high value shares.

India’s large best stock exchange is Na-tional Stock Exchange (NSE). It is inMumbai.

Dalal Street is the place where MumbaiStock Exchange situates.

Oscar Award 2012Best Picture

The ArtistBest Actor

Jean Dujardin (The Artist)Best Actress

Meryl Streep (The iron Lady)Best Director

Michel Hazanavicius (The Artist)World Religious Parliament's peaceambassador

Pt. Arjun Prasad BastolaToshiba JSW bagged Rs. 2300 Crore Or-der for Kudgi Project of NTPC

Japanese power equipment giantToshiba JSW Turbine and Generatoron 20 February 2012 bagged an orderof Rs. 2300 crore from the NTPC

Varun Berry stepped down as the CEOof PepsiCo India

visit www.newsandviewsonline.comfor Latest General Awareness update

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C.R. Rajeeve 16 General Awareness

12th Five Year PlanUnion Cabinet on September 15, 2011approved the approach paper for the12th Five Year Plan (2012-17).12th Plan seek to raise the annual eco-nomic growth rate to 9% during thefive year period. (11th Five Year Planaimed to raise economic growth to8.2%).Now the approach paper will be placedbefore the National DevelopmentCouncil (NDC), the final authority toapprove Five Year Plans in India.The Chairman of both Planning Com-mission and National DevelopmentCouncil is the Prime Minister ofIndia.

What is FDI?Foreign Direct InvestmentAccording to figures released on Au-gust 17, 2011, India and China saw itsFDI surge in the first half of 2011.India’s FDI increased 53.8% to Rs. 75,506 crore ($16.68 billion) during Janu-ary - June 2011.China’s FDI increased 18.57% to$69.19 billion (Rs. 313,349 crore) inthe first six months of 2011.

First woman Prime Minister ofDenmark

Helle Thorning SchmidtCopenhagen is capital of Denmark

Tiangong-1: China’s first space lab mod-ule was launched aboard a Long March2FTI rocket on September 28, 2011. Thelaunch was the first key step in thecountry’s objective of becoming the thirdcountry, after Russia and the US to as-semble its own space station.India, Africa aim for bilateral trade ofUS$90 billion within three yearsWho has been appointed, the new Presi-dent of IAAF?

Lamine Diack of Senegal has been ap-pointed the President of InternationalAssociation of Athletics Federation(IAAF).

India’s New Foreign SecretaryRanjan Mathai

Brazil Economy Overtakes UKBrazil has become the sixth-biggesteconomy in the world, the country'sfinance minister said.The Latin American nation's economygrew 2.7% last year, official figuresshow, more than the UK's 0.8%growth.The per capita income of Brazillian’sis at $11,000 per head.

Iran successfully launched an observa-tion satellite called

NavidPM visited South Korea

Prime Minister of India, ManmohanSingh visited South Korea on 25 March2012India and South Korea agreed to set anew bilateral trade target of 40 billionUS dollars by 2015.

Rajiv Gandhi Khel Ratna Award 2010-11Gagan Narang (Shooting)2009-10 winner:Saina Nehwal (Bad-minton)Prize money:Rs 7.5 Lakhs

Bollywood Actor Abhishek Bachchanreceived a Green Globe Award fromArnold SchwarzeneggerUS Open 2011

Men’s Singles: Novak Djokovic(Serbia) defeated Rafael Nadal (Spain).Women’s Single: Samantha Stosur(Australia) won over Serena Williams(USA).

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C.R. Rajeeve 17 General Awareness

Australian Open 2012Men’s Singles: Novak Djokovic(Serbia)Women’s Single: Victoria Azarenka(Belarus)

Dubai Open 2012Men’s Singles: Roger Federer (Swit-zerland)Women’s Single: AgnieszkaRadwanska (Poland)Women’s Doubles :Liezel Huber andLisa Raymond (USA)

What is MGNREGA?Mahatma Gandhi National Rural Em-ployment Guantee Act.It is the World’s largest social securityprogramme.The centre has effected some crucialchanges in the Act. Panchayat will bethe new administrator for implement-ing MGNREGA.

S& P downgrade USThe United States was on August 6,2011 financially downgraded by Pre-mier credit rating agency Standard &Poor’s (S & P’s).The nation has lost its AAA rating andwas branded AA+ nation.

What is India’s projected peak popula-tion by UNO

1.718 billion in 2060. After which itwill decline. At its peak India will bethe most populous country in theworld.China, at its peak in 2025, will have1.395 billion people.World population Day is July 11The population of India is1,210,193,422 in 2011

Government of India and the WorldBank on 20 January 2012 signed an IDAcredit

Government of India and the WorldBank on 20 January 2012 signed anIDA credit of 130 million US dollars tofinance the project NERLP (North EastRural Livelihoods Project).Four participating states of Mizoram,Nagaland,Sikkim and Tripura.

India signed a multi-lateral agreement withFrance and Germany to check tax evasionand avoidance.The Tibetan leader who has been chosenfor the 2012 Templeton Prize by the US-based Templeton Foundation

Dalai Lamathe award is given for outstanding con-tribution for spirituality. It is the big-gest award given in the world

The Indian cricketer who was awardedthe fifth ESPNcricinfo best batting per-formance award in Tests

Sachin TendulkarThe city which is the most expensive inthe world to live in, according to World-wide Cost of Living Survey carried out byEconomic Intelligence Unit of the Econo-mist

Zurich, SwitzerlandThe country with a per capita GDP of88,000 dollars, which has been rankedthe world's richest country by Forbesmagazine

Qatar . Doha is its capialThe Arab League Summit was held inBaghdad from 27 to 29 March 2012.

The three-day summit was hosted byIraq.22 Arab league states participatedin the summit.

The Indian Coast Guard ship ICGS RaniAbbakka, the 1st of a series of five InshorePetrol Vessels (IPV) built at Hindustan Ship-yard Ltd, was commissioned atVisakhapatnam

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India's per capita income as per the latestquick estimates released by the Central Sta-tistical Organisation is

Rs. 53,331/-in 2010-11The year 2012 has been declared by theHealth Ministry of Government of In-dia as the year of

Intensification of Routine ImmunisationThe Indian wrestler who has become thefirst Indian woman wrestler to qualifyfor the Olympics

Geeta Kumari15th World Sanskrit conference washeld from 5 to 10 January 2012 in NewDelhi.The Committee constituted by the Minis-try of Corporate Affairs for framing a Na-tional Corporate Governance Policy isheaded by

Shri Adi GodrejPresident of Maldives, MohamedNasheed resignedIndia and Mali signed Three Agree-ments

The President of Mali, AmadouToumani Toure visited India on 11-12January 2012.The agreements are.MoU on Co-operation in the field ofGeology and Mineral Resources be-tween the Ministry of Mines of theGovernment of India and Ministry ofMines of the Government of the Re-public of Mali.Joint statement by India and Mali onthe occasion of the visit of the Presi-dent of MaliIndia also extended Line of Credit of100 million US dollars for a powertransmission project.

Who was unanimously elected as Presi-dent of the Athletics Federation of In-dia?

Adille SumariwallaThe Mexican scientist who has been cho-sen for UNESCO-Kalinga Prize 2011 forpopularising science

Dr Rene Raul DruckerWho has been reappointed as the Sec-retary General of 54-nation Common-wealth of Nations for 2nd consecutiveterm?

Kamalesh Sharma (India)Best European investment banker of theyear 2011

Anshu JainIndia's National Thermal Power Corpora-tion (NTPC), on 29 January 2012 signedan agreement with Bangladesh Power De-velopment Board(BPDP) for setting up ajoint venture 1320 MW thermal power plant.BPL Population

In an Affidavit presented to the Su-preme Court, the Planning Commis-sion says that the total BPL Populationnow being served by the Public Dis-tribution System (PDS) is 35.98 crore.The Tendulkar Committee had calledfor that number to be revised to 40.74crore on the basis of projected popu-lation on March 1, 2005.The affidavit says that only those indi-vidual consuming less than Rs. 32 perday in urban area and Rs. 26 in ruralarea will be treated as poor.Suresh Tendulkar Committee earlierpegged the poverty line at Rs. 447 amonth or about Rs. 15 a day at 2004-05 prices.

Which two social networking sites havejoined hands to challenge Facebook?

Twitter amd Mixivisit www.brilliancecollege.com

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C.R. Rajeeve 19 General Awareness

Which country’s first female athlete isset to participate in Olympics 2012?

Saudi ArabiaWhat is Deflation?

Deflation is the continuous decreasein prices of goods and services. De-flation occurs when the inflation ratebecomes negative (below zero) andstays there for a longer period.

What is PPP ?Public Private PartnershipWhich game is Sebastian Vettel asso-ciated with ?

Formula 1 car race.Who figured in the seventh position inthe list of World’s 100 most powerfulwomen 2011 released by the ForbesMagazine in 2011.

Sonia Gandhi, the Congress Presidentand UPA Chairperson.M.P. Veerendrakumar is chairman ofPress Trust of India (PTI).

Who has been appointed, the new Presi-dent of IAAF?

Lamine Diack of Senegal has been ap-pointed the President of InternationalAssociation of Athletics Federation(IAAF)

Tony Tan is the new President ofSingapore.Which is the newest country in theworld?

Republic of South Sudan.Salva Kiir Mayardit has been electedPresident of South Sudan.

2nd Term for Ban-ki-Moon: Ban-ki-Moonunanimously reelected as the Secretary Gen-eral of UNO for the 2nd term in office. Hebelongs to South Korea.Ranjan Mathai is India’s new ForeignSecretaryPrakash Bakshi is the new Chairman

of NABARD.National Bank for Agriculture and Ru-ral Development was setup in 1982.It is the apex bank for agriculture creditin India.

What is Aadhaar?Government initiative to provide itscitizens with Unique Identification(UID) number is called Aadhaar.

What is NPANon Performing Assets.

What is PAN ?Permanent Account Number

What is Eurozone crisis ?Acute financial crisis faced by some ofthe countries in European Union. Theyinclude Greece, Portugal , Spain andItaly. They find it tough to repay thisdebt and are on the verge of default.

What is plastic money ?Credit cards are popularly known asplastic money.

What is liquidity ?Easy convertibility into cash.

What is hot money ?Money which has the tendency tomigrate towards more profit orientedplace.

What is CCI ?The Competition Commission of In-dia. It replaced Monopolies and Re-stricted Trade Practices Commission(MRTPC)

Mark Zuckerberg : Founder and CEOof Face BookWhat is the validity period of a cheque

3 (w.e.f. April 1, 2012)What is a Commercial Bill

A bill of exchange drawn by the credi-tor on the debtor. When the debtor’sacceptance is obtained, the paper be-comes a bill of exchange.

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C.R. Rajeeve 20 General Awareness

What is a negotiable instrument ?A cheque, promissory note or bill ofexchange which are payable on de-mand.

Bulls and Bears are terms associatedwith Stock Exchange

Bulls are traders who make profit whenshare prices goes up.Bears make profit when share pricesgoes down.

High value shares are popularly knownas

Blue ChipWhich bank is known as BankersBank?Reserve Bank of India (RBI)

Its headquarters is in MumbaiWhat is DTC

Direct Tax Code.It will replace the existing Income TaxAct.

Laureus Awards 2012Sportsman - Novak Djokovic

(Tennis)Sportswoman - Vivian Cheruiyot

( Runner)Lifetime Achievement Award -Sir Bobby Charlton

The Mexican scientist who has been cho-sen for UNESCO-Kalinga Prize 2011 forpopularising science Dr Rene RaulDruckerThe Indian-born molecular biologistwho was awarded the Nobel Prize forChemistry in 2009, has been grantedKnighthood by UK VenkatramanRamakrishnanThe cyclone that arose in the Bay of Ben-gal and hit the coastal parts of Tamilnaduon 30 Dec 2011 was named ThaneThe first Indian Comic Superhero createdby Stan Lee creator of Spiderman, X Men

etc is named Chakra, the InvincibleThe Chinese satellite navigation systemwhich started providing initial positioning,navigation and timing operational servicesto China is named BeidouThe American youngster who became theyoungest to climb Mt. Everest in 2010 (atthe age of 13 yrs 10 mths 10 days) hasbecome the youngest the scale the sevensummits in Dec 2011 Jordan RomeroSatyadev Dubey, a Padma Bhushan 2011recipient, who passed away on 25 Dec2011 was associated with TheatreThe team which has won the 62nd Na-tional Basketball Championship (Men) heldat Chennai from 16 to 24 Dec 2011PunjabThe venue of 19th National Childrens' Sci-ence Congress JaipurThe footballer who has been named thePlayer of the Year by the All India Foot-ball Federation Sunil ChhetriThe Pakistani writer who has been cho-sen for the Shakti Bhatt First Book Prizefor his debut novel The Wandering Fal-con Jamil ahmadThe new Union Minister for Civil Avia-tion Ajit SinghThe person who has been named personof the year by People for the Ethical Treat-ment of Animals (PETA) Hema MaliniThe village in Nepal which has becomehas become Asia's first renewable energyvillage with the installation of mini wind-solar hybrid power system DhaubadiTIME Person of the Year 2011 -The ProtestorThe Indian badminton star who createdhistory by becoming 1st Indian singlesplayer to reach finals of BWF Super Se-ries at Liuzhou in China Saina Nehwal

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C.R. Rajeeve 21 General Awareness

The person who has been chosen for theCNN-IBN Indian of the Year 2011 awardAnna HazareThe Indian Air Force fighter aircraft whichhave been temporarily grounded follow-ing a crash near Pune on 13 December2011 Sukhoi 30MKIThe island nation in the Indian Oceanwhere China is setting up its first militarybase abroad SeychellesThe film director who has been chosenfor KR Narayanan Puraskaram for the filmDAM999 Sohan RoyThe place in Rajasthan which has beenidentified for establishing a new nuclearenergy power station with 4x700 MWnuclear power plants BanswaraThe company which has topped the listof Indian companies in the Fortune 500Indian Oil CorporationIndia won the SAFF Football Cup on 11Dec 2011, the final being played atJawaharlal Nehru Stadium, New Delhi,bydefeatingAfghanistanThe venue of CMS Vatavaran Film Festi-val (Green Film Festival) held in Decem-ber 2011 New DelhiMario Miranda, who passed away on 11Dec 2011 was a renowned Cartoonist.Later he has been awarded PadmaVibhushanThe South Asian country which has beenappointed a permanent member of the UNScientific Committee on the Effects ofAtomic Radiation(UNSCEAR) by theUnited Nations General AssemblyPakistanThe cricketer from Maharashtra whoscored 451 runs in 466 balls in Group Amatch against Assam in the Cooch BeharTrophy Vijay ZolThe sportsperson who has won thewomen's title at the National Squash

Championship in Chennai Dipika PallikalThe sportsperson who has won the men'stitle at the National Squash Championshipin Chennai Saurav GhosalThe Indian cricketer who has become thehighest individual scorer in One-dayInternationals by scoring 219 runsVirender SehwagThe Comptroller and Auditor General ofIndia who has been elected as the Chair-man of the Panel of External Auditors ofthe United Nations, the Specialized Agen-cies and the International Atomic EnergyAgency Vinod RaiAs per Telecom Regulatory Authority ofIndia report the tele-density in India at theend of September is 75.48 connectionsper 100 peopleThe most earthlike extra-solar planet dis-covered by NASA is namedKepler 22bThe army exercise being conducted inBarmer district of Rajasthan is namedSudarshan ShaktiO.P. Jindal Global University chancellorwho has been conferred the Justice P.N.Bhagwati Award for his "outstanding con-tribution" to legal education and corpo-rate philanthropy Naveen JindalSocrates, the great footballer who diedon 04 Dec 2011, played for BrazilThe player who has won IBSF WorldSnooker Championship held in Bangalore,thus becoming the first Iranian to do soHoosein Vafaei AyouriThe state in India in which Russia set upa polling station to enable its citizens tocast their votes to elect the State Duma -lower house of the Parliament GoaThe country which has won the DavisCup 2011SpainThe venue of the 20th World PetroleumCongress (WPC), India being represented

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C.R. Rajeeve 22 General Awareness

by Minister of Petroleum and Natural GasShri S Jaipal Reddy DohaThe social activist who has been chosenfor the Basava award for the year 2010,instituted by the Karnataka governmentMedha PatkarThe world's biggest extraterrestrial ex-plorer launched by NASA towards Marson 26 Nov 2011 is named CuriosityThe expert group set up by the CentralGovernment to suggest restructuring ofpower utilities of seven major States, in-cluding Tamil Nadu and Uttar Pradesh isheaded by B.K. ChaturvediThe film actor who has been appointedthe national brand ambassador of UNICEFto promote child nutrition Aamir KhanThe Assamese writer and winner of 2000Jnanpith Award who died on 29 Nov 2011Indira GoswamiAs per recent Government of India re-lease, the doctor-population ratio inIndia is 1 : 2000The venue of United Nations FrameworkConvention on Climate Change (UNFCCC)conference being held from 28 Nov 2011Durban, South AfricaThe Indian cricketer who has been cho-sen for the Dilip Sardesai award for beingIndia's best cricketer in the 2011-12 Testseries against the West Indies by the BCCIR. AshwinThe sanctuary in Rajasthan which is tobe converted into a National Park as de-cided by Rajasthan govt KumbhalgarhSanctuaryUstad Sultan Khan, who passed away on27 Nov 2011 was a renowned SarangiplayerThe place in West Bengal where settingup of Institute of Handloom Technologyhas been approved by the Central Gov-

ernment Shantipur in Nadia dist.The sector in which the Indian Govern-ment has allowed increased FDI of 51%Multi-brand RetailThe woman cricketer who has been cho-sen for MA Chidambaram Trophy (Bestwoman cricketer of 2010-11) JhulanGoswamiThe Indian cricketer who has been cho-sen for Polly Umrigar Award for India’sbest cricketer of 2010-11 Rahul DravidThe National Online Examination Systemwhich was launched by the Govt in Nov2011 has been developed by C-DACThe former Indian cricketer who has beenchosen for BCCI's Col CK Nayudu Life-time Achievement Trophy 2010-11.Ajit WadekarThe Iranian film which won the GoldenElephant for being the Best Feature Filmin the ‘Competition International' sectionof the 17th International Children's FilmFestival held in Hyderabad.Alafzar(Meadows)The scheme launched by Delhi govern-ment under which school children uptothe age of 14 years will be provided freemedical treatment and check-ups isnamed Chacha Nehru Sehat YojanaThe organisation which has won theThomson Reuters India InnovationAward- 2011 in "Hi-Tech Academic &Government" Category DRDOVijaynagar airfield, which was inauguratedby the Indian Air Force as an AdvanceLanding Ground is located in ArunachalPradeshThe venue of India-ASEAN summit, In-dia being represented by Dr. ManmohanSingh Bali, IndonesiaThe annual coastal security exercise to

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C.R. Rajeeve 23 General Awareness

test the coastal preparedness ofLakshadweep and Minicoy islands com-mencing 15 Nov 11 is namedNeptune IVThe first Shatabdi Express for South Cen-tral Railway introduced on 13 Nov 2011runs between Secunderabad and PuneThe tennis tournament won by seventhseeded Indo-Pak pair Rohan Bopanna andAisam-ul-Haq Qureshi on November 13,2011 Paris MastersThe venue of International Vaccine sym-posium titled 'Vaccines from Discoveryto Translation' to be held from November13, 2011 New DelhiThe theme of 31st India InternationalTrade Fair starting in New Delhi from 13Nov 11 Indian handicrafts -The magic of the gifted handsThe Indian origin scientist who died on09 Nov 11. He was awarded the NobelPrize for Medicine in 1968 HargobindKhoranaThe Indian Navy ship which has been in-volved in thwarting pirate attacks in theGulf of Aden on 11 Nov 11 (and earliertwice in Sep 2011) INS SukanyaThe DRDO developed Medium AltitudeLong Endurance Unmanned Aerial Vehicle(MALE - UAV) which completed its 5thsuccessful flight Rustom 1The theme of 17 SAARC summit held inAddu Island, Maldives from 10 to 11Nov 11 Building BridgesThe team which has won the BeightonCup (Hockey) defeating ONGC in thefinals Indian Oil CorporationThe new Prime Minister of Greece whois to succeed George Papandreou, whoresigned in view of country's economictrouble Lucas Papademos

The theme of World Science Day forPeace and Development 2011 Towardsgreen societies: equity, inclusiveness,participationTCS, India's largest technology companybagged the biggest deal for an Indian firmfrom Uk-based pension provider. Thename of the company is Friends LifeThe Indian tourism compaign which wonthe Asia's Leading Tourist Board award atWorld Travel Awards in LondonIncredible IndiaCaixa Bank which recently opened its rep-resentative office in India is headquarteredin Barcelona, SpainJoe Frazier, also known as Smokin' Joe,who died on Nov 07, 2011 was associ-ated with the sport ofHeavyweight BoxingThe commonly used pulse variety whosegenome has been sequenced by the sci-entists at ICRISAT. Arhar or Pigeon PeaThe veteran singer who has been chosenfor KL Saigal award by Savitri Vikas SamitiLata MangeshkarThe city in which the World's largestcross-country run for school children washeld on 06 November 11.New DelhiThe Indian ship which sank near thesouthern Dhofar region of Oman on Sat-urday killing 5 sailors, after it was caughtup in strong winds of tropical cycloneKeila was named MSV Shiv SagarMNV 2169As per RBI directive banks have to offeruniform rate of interest on savings bankdeposits up to Rs. 1 lakhAs per the latest RBI notification, AccountPayee demand drafts are to be mandato-rily issued for amount exceeding Rs.20,000/-

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The rank of India in the Bribery Indexreleased by Transparency International for28 countries 19The UNO agency which has admitted Pal-estine as its full-fledged member UNESCOThe Indian boxer who has been rankedNo. 2 in the international rankings releasedby AIBA on 01 November 11 VikasKrishanThe country which tops the Human De-velopment Index 2011 NorwayThe country which tops the Gender In-equality Index 2011 SwedenThe percentage who suffer from Multi-dimensional Poverty in India as per thereport on Human Development releasedby United Nations DevelopmentProgramme 53.7%The rank of India as per Gender Inequal-

ity Index 2011 released by United NationsDevelopment Programme 129The rank of India as per Human Devel-opment Index 2011 released by UnitedNations Development Programme 134The number of new jobs the NationalManufacturing Policy announced by theCentral Govt aims to create by 2022 100millionThe state in which 2nd Pearls KabaddiWorld Cup for men and 1st for women isbeing held (Refer Sports Events for de-tails) PunjabThe new limit imposed by Telecom Regu-latory Authority of India on the numberof commercial/non-commercial SMS thatcan be sent each day 200The person elected as the interim PrimeMinister of Libya to head the transitionalgovernment Abdel Rahim al-Kib