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    Appointments1. General Dalbir Singh Suhag takes over as the

    new Army Chief. He takes the charge from

    General Bikram Singh. Before taking the charge

    of Army Chief, General Dalbir Singh Suhag wasLieutenant General in the Army.

    2. Chief Marshal Arup Raha took over as the

    Chairman of the Chief of Staff Committee

    (COEC) on 30th July 2014.

    3. K.V. Chowdhary appointed as new Chairman of

    CBDT (Central Board of Direct Taxes)

    succeeded by R.K. Tewari. The appointment of

    the Chairman of CBDT was confirmed by

    Appointments Committee of Cabinet which

    Committee headed by Prime Minister ShriNarendra Modi.

    4. On 12th August 2014, the Government of India

    decided to appoint Shri Bimal Jalan as the Head

    of Expenditure Management Commission set up

    by the Finance Minister Shri Arun Jaitley. Shri

    Bimal Jalan is the former Governor of Reserve

    Bank of India.

    5. United Nations Human Rights Council (UNHRC)

    appointed the Commission, consisted three

    members to conduct the inquiry to probe warcrimes and human rights violations conflict in

    Gaza. The Head of this Commission will William

    Schabas. The conflict on the Gaza strip began in

    the 2nd week of June 2014 i.e. 13th June 2014.

    6. Rajni Razdan became the Chairperson of Union

    Public Service Commission replaced with Prof.

    D.P. Agrawal.

    7. K.V. Thomas appointed as the Chairman of the

    Public Accounts Committee which Committee is

    analyze the expenditures of Government of India.

    8. Dr.Murli Manohar Joshi appointed as the

    Chairman of Estimates Committee which

    Committee is working to increase the efficiency

    in the administration.

    9. V. Shanta Kumar appointed as the Chairman of

    Committee on Public Undertakings which

    Committee is working upon the reports which are

    examined by this Committee and also examine

    the accounts of the public undertakings.

    10. S.M. Swathi the General Manager of Corporation

    Bank appointed as the Executive Director of

    Bharatiya Mahila Bank. The Chairman and

    Managing Director of Bharatiya Mahila Bank is

    Smt. Usha Ananthasubramanian. Recently,

    Bharatiya Mahila Bank awarded with Core

    Banking System Initiative Award 2014.

    11. Ravi Shastri appointed as Team Director of

    Indian Cricket team for ODI series agaisnt

    England. He is former Indian Captain of Cricket

    team. The Coach of Indian Cricket team is

    Duncan Fletcher.

    12. Prayuth Chan-Ocha became the Prime Minister

    of Thailand. Recently, Yinguluck Shinawatra was

    resigned from the post.

    13. Tejendra Mohan Bhasin (T.M. Bhasin) elected as

    the Chairman of Indian Banks Association (IBA)

    while Arundhati Bhattacharya elected as the

    Honorary Secretary of Indian Banks Association.14. Ahmet Davutogul appointed as the Prime

    Minister of Turkey replaced with Recep Tayyip

    Erdogan. The capital of Turkey is Ankara.

    15. Keshri Nath Tripathi appointed as the Governor

    of West Bengal. He became 22nd Governor of

    West Bengal. He awarded with Vishwa Bharati

    Samman, Bharat Gaurav and Uttar Pradesh

    Samman etc.

    16. Ramesh Chand Tayal appointed as Special

    Director Genral of Central Reserve Police Force(CRPF).

    17. R.N. Ravi appointed as Chief of Joint

    Intelligence Committee, a committee works

    under the National Security Council Secretariat.

    18. C.S. Verma became the first President of Indian

    Steel Association, the association launched by

    domestic steel producer of India. The aim of this

    association is to work towards transforming the

    Indian steel industry as the global leader.

    Deaths1. Madhukar Singh died on 21st July 2014 at his

    residence in village Dharahara of Bhojpur

    District. He was a famous Hindi literaturer.

    2. Pran Kumar Sharma the famous cartoonist known

    as comic character Chacha Choudhary died. He

    was 75 years old.

    3. The politician Reshamlal Jangade died on 11 th

    August 2014. He was the Member of Parliament

    of the first Lok Sabha of the country which

    started in the year 1952 after held the General

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    elections. He was related to Indian National

    Congress Party.

    4. Burra Katha, the famous Folk Artist passed away.

    He is a Telegu art of oral story telling. Burra

    Katha is generally known as Jangam Katha.

    5. The famous poet of Iran Simin Behbahani died

    on 19th August 2014. She had remained the

    President of Iranian Writers Association. She is

    known as Lioness of Iran.

    6. Yoga guru Bellur Krishnamachar Sundaraja

    Iyengar (B.K.S. Iyengar) died on 20th August

    2014. He is the founder of Iyengar Yoga. He

    bagged three civilian awards of India i.e. Padma

    Shri, Padma Bhushan and recently Padma

    Vibhushan. His bookLight on Yoga known as

    the Bible of Modern Yoga.7. The famous American Journalist James Foley

    was killed by the militants of ISIS.

    8. Amitava Nandy, the famous former leader of

    Communist Party of India Marxist (CPI-M)

    died due to cancer. He was the Member of

    Parliament of 14th Lok Sabha.

    9. Chemancherry Narayanan Nair, the famous

    Malyalam actor died on 25th August 2014. He

    awarded with Special Jury Prize by the

    Government of Kerela.10. Richard Attenborough, the famous British

    filmmaker and Oscar winner, died at the age of

    90. Generally he is known for his critically

    acclaimed biopic on Indias Mahatama Gandhi

    which film won 8 Oscar Awards in the year 1982.

    11. Douglasw McAuthur McCain is the first citizen

    of United States of Amercia who died in Syria.

    He is American Jihadi.

    Politics

    1. On 26th August 2014, former Chief Minister of

    Delhi Smt.Sheela Dixit resigned from the

    Governor of the State of Kerela. She became 8 th

    Governor to who resigned from the near past.

    2. The parliament of Iraq elected Fuad Masum as

    the President of Iraq in Baghdad. He became the

    7th President of Iraq. He is a Kurdish Politician.

    Moreover, Mr.Jubouri elected as the new speaker

    to form the new government in Iraq and to ending

    the political deadlock.

    3. Union Government of India has launched the

    Rashtriya Gokul Mission to protect the

    indigenous breed of cows. Under this scheme,

    some Integrated Indigenous Cattle Centres will

    be set up which will be useful for improving milk

    productivity in India. The aim of the government

    is to improving milk productivity in India.

    Agriculture Minister Radha Mohan Singh

    announced this scheme. The Union Government

    passed Rs.150 Crore to reach its peak of the

    mission.

    4. The Government of Maharashtra appointed

    Amitabh Bachchan, the Indian Megastar as

    Horticulture Ambassador of Maharashtra to

    increase the revenue of State.

    5. Gujarat tops the charts in e-transactions acrossthe nation with 26% share. It is revealed from the

    report of Union Government by analyzing

    through E-Transactions Aggregation and

    Analysis Layer (E-TAAL) and announced by the

    present Secretary of Electronics and Information

    Technology Department Shri R.S. Sharma. From

    this layer, we came to know that what the

    flexibility of e-transactions is.

    6. Prime Minister Shri Narendra Modi concluded

    the visit to Nepal on 4th

    August, 2014. This is thefirst bilateral meeting between India and Nepal in

    past 17 years. During this visit, Prime Minister

    Shri Narendra Modi announced to give help to

    Nepal for development.

    7. On 4th August, 2014 completed the 100 years of

    First World War which was started on 4th August,

    1914 and was ended on 11th November 1918.

    First World War also called as THE GREAT

    WAR.

    8. The Ministry of Human Resource Developmentset up a four member committee to review and

    analyse the status of University Grants

    Commission. UGC Chairman Shri Hari Gautam

    will be the Head of this committee.

    9. In the 6th Brics Summit, 3 bilateral agreements

    are signed between India and Brazil. Three

    bilateral agreements are MOU on Cooperation in

    the field of environment, Agreement on Space,

    MOU on Cooperation in consultation mechanism.

    7th Brics Summit will be held in Russia.

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    10. India became the first country to ratify the

    Marrakesh Treaty. This treaty will work for blind

    people, visually impaired peopoe and other

    disable persons and will give equal rights and

    opportunities of education and employment for

    blind people.

    11. India and World Bank signed MOUs for

    URWSSP (Uttarakhand Rural Water Suply and

    Sanitation Project), UDWDP (Uttarakahand

    Decentralized Watershed Development Project),

    MRWSSP (Maharashtra Rural Water Supply and

    Sanitation Programme). There is need to well

    known to you that water supply, santitation and

    decentralization are the keys to develop any

    nation.

    12. India ranked 8th in Global Rich List with 14800multimillionaires. United States of America tops

    the list followed by China and Germany.

    13. The Governor of Uttar Pradesh Shri Ram Naik

    and Governor of Gujarat Shri Om Prakash Kohli

    have given additional charge of Rajasthan and

    Goa respectively.

    14. On 15th August 2014, 29th State of India i.e.

    Telangana is going to celebrate its first National

    Independence Day at Golconda Fort. K.

    Chandrasekhar Rao is the first Chief Minister ofTelangana.

    15. Tamilnadu has the maximum 59 Universities in

    India while the whole country has 678

    Universitties.

    16. Approximately, 200 Indians evacuated from

    Libya from the largest island of North Africa

    namely Djerba Island. This island is located off

    the coast of Tunisia in the Gulf of Gabes.

    17. The work of the railway brdige at Noney in

    Manipur, India began, after competition of thewhole work, this railway bridge become the

    worlds tallest railway bridge.

    18. Liberia declared the State of Emergency on 6 th

    August 2014. The President of Liberia Ellen

    Johnson Sirleaf declared the State of Emergency

    over the outbreak of Ebola Virus. Ebola Virus is

    normally called Ebola hemorrhagic fever which

    will harmfully affected the human body. To take

    the initial steps, Health Minister Dr.

    Harshvardhan ordered to all the airports to form

    the check posts for checking the Ebola Virus.

    19. The Government of India raised the limit of

    Foreign Direct Investment in the Defence Sector

    from 26% to 49%. Foreign Direct Investment is a

    direct investment in the production of the country

    by the company of another country or individual.

    20. Securities Laws (Amendment) Bill 2014 passed

    in Lok Sabha to empower Securities Exchange

    Board of India (SEBI) and also strenthen it. This

    bill will give express powers for any settlement

    and also empowers SEBI to establish the special

    courts to strenthen it.

    21. The Government of India has raised to 100%

    Foreign Direct Investment in the Railway

    Department. This is happeing first time in India.

    The FDI raised to 100% by the Union

    Government with the hope to expansion therailway and to make India a strong economy.

    22. The United States of America has taken the

    action agaisnt the ISIS terrorists. The bombs have

    dropped by the USA namely F/A-18 from the

    aricraft of USA. It is very important to mention

    here that few days back, the Government of Iraq

    demanded military help from USA. There is need

    to know you that USA has the strongest military

    power in all over the world.

    23. The World Health Organization (WHO) hasdeclared Ebola Virus as Global Health

    Emergency. WHO has taken this decision after

    seeing that this is fatal to the human lives and

    about 1500 people were died affected by this

    Virus.

    24. The Nepalese boy namely Jeet Bahadur Maru

    Sagar was reunited with his family by the Prime

    Minister of India Shri Narendra Modi. Prime

    Minister of India completed this responsibility

    during the two day visit to Nepal recently.25. ZERO HUNGER CHALLENGE was set up by

    Food and Agriculture Organization of the United

    Nations under the efforts to ensure that every one

    have the right to adequate food.

    26. Qaraqosh and surrounding areas is the largest

    Chiristian town in Iraq. ISIS (Islamic State in

    Iraq and Syria) has taken the control over this

    town recently.

    27. Recep Tayyip Erdogan became the first elected

    President of Turkey. Recep Tayyip Erdogan is

    the head of Justice and Development Party.

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    28. On 10th August 2014, Delhi Police launched the

    helpline number to curb the corruption. This will

    be best step to curb the corruption.

    29. The State of Telangana notified for the State

    Public Service Commission according to the

    Article 315 of the Constitution and Section 83(2)

    of Andhra Pradesh Re-Organization Act, 2014.

    30. The President of USA Barack Obama signed and

    passed the Near East and South Central Asia

    Religious Freedom Act to promote the religious

    freedom of minorities in the Near East and South

    Central Asia.

    31. The ASEAN countries included India are likely

    to sign free trade agreement at Myanmar.

    32. The Federal Act on International Administrative

    Assistance in Tax Matters amended by theGovernment of Switzerland to exchange the

    information with other countries regarding the

    black money. This amendment was the demand

    of time because more and more black money was

    depositing in Swiss Banks.

    33. On 12th August 2014, World Elephant Day

    organized. This day organized every year to

    create the awareness about the plightness of

    Asian and African elephants.

    34. Securities and Exchange Board of Indiagenerally known as SEBI issued Know Your

    Client (KYC) Registrartion Agency Regulations,

    2014. SEBI conferred it by Section 30 of SEBI

    Act, 1992.

    35. On 12th August 2014, the World Health

    Organization approved the use of experimental

    drug Zmapp to fight against Ebola Virus.

    36. The State Assembly of Tamil Nadu passed the

    Tamil Nadu Entry into Public Places Bill, 2014

    to remove restrictions on entry of dhoti-clad menin hotels etc. With the passing of this bill, every

    man wearing a dhoti can enter into any hotel,

    club, theatres, restaurants etc.

    37. The hydroelectric project namely Nimoo Bazgo

    Hydroelectric Project initiated on the Indus River

    by the Prime Minister of India Shri Narendra

    Modi.

    38. Pope Francis became the first South Korean

    Visiter in a quarter century. The President of

    South Korea is Park Geun-hye.

    39. Vijaywada will become the ad-hoc State Capital

    of Andhra Pradesh. The Chief Minister of Andhra

    Pradesh is N.Chandrababu Naidu.

    40. The Finance Minister Shri Arun Jaitley

    relaunched the insurance scheme for senior

    citizens aged 60 years and above. LIC will

    administered this scheme.

    41. Prime Minister of India Shri Narendra Modi

    launched Pradhan Mantri Jan Dhan Yojana on the

    eve of 68th Independence Day. This Yojana will

    help the poor people of India in the near future.

    42. China inaugrated the railway line in Tibet which

    is very close to Border of the State of Sikkim.

    43. The Government of India approved four highway

    projects in the State of Jammy and Kashmir. The

    four projects are Srinagar-Banihal, Qazigund-Banihal, Chenani-Nashri, Jammu-Udhampur.

    44. Indo-Nepal Combined Army Training Exercise

    will be conducted in the State of Uttarakhand.

    The name of this training session is Surya

    Kiran-VII. About 300 personnels will attend this

    training session.

    45. Jharkhand Disom Party (JDP) merged with

    Bharatiya Janta Party which was established in

    the year 2002 after creating the new State of

    Jharkhand. Salkhan Murmu was the founder ofJharkhand Disom Party (JDP).

    46. Massive aid operation for resident of Iraq fleeing

    violence launched by United Nations High

    Commissioner for Refugees (UNHRC). The

    scheme will be helpful to displaced Iraqis who

    are the victims after the violence in Iraq. The

    basic aim of this scheme is to improve the life of

    victim people.

    47. World Humanitarian Day observed on 19th

    August every year. This day is observed to knowthe humanitarian personnel and who have lost

    their lives. The World Needs More

    Humanitarian Heroes was the theme for the

    year 2014.

    48. India signed Memorandum of Understanding

    MOU with Czech Republic on technical

    cooperation in railway.

    49. Samagra Kutumbh Survey or Intensive

    Household Survey conducted by Government of

    newly formed State Telangana.

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    50. Irom Sharmila released by Manipur Court who is

    known as Iron Lady of Manipur for non-violent

    protest. She protested agaisnt the abuses

    allegedly committed by the security forces of

    Armed Forces Special Powers Act (AFSPA).

    51. The Honble Supreme Court of India fined 14

    States with 1 Union Territory of Chandigarh with

    Rs.25,000 each for not respond to the Report of

    Law Commission. These 14 States are Bihar,

    Gujarat, Jammu & Kashmir, Karnataka, Punjab,

    Maharashtra, Uttarakhand, Andhra Pradesh,

    Delhi, Himachal Pradesh, Jharkhand, Kerela,

    Haryana, Sikkim ane Union Territory of

    Chandigarh.

    52. The Government of India draft new guidelines to

    Forward Markets Commission (FMC) toempower and strengthen the commodity market.

    Forward Markets Commission (FMC) is a

    regulatory authority and is a statutory body which

    setup in the year 1953. Its Headquarter is in

    Mumbai and the Chairman is Abhishek.

    53. Worlds first Hindu eco-temple namely Shree

    Swaminarayan Mandir opened in worlds famous

    city London, United Kingdom.

    54. On 20th August 2014, the Honble Home Minister

    of India Shri Rajnath Singh launchedMainstreaming Civil Defence in Disaster Risk

    Reduction scheme. The basic aim of this scheme

    is to strenthen the capacity of all the states

    towards disasters.

    55. The new project approved by the Government of

    India to ensure that government services are

    available to citizens electronically. The name of

    this project is Digital India Project.

    56. On 19th August 2014, Afghanistan celebrated its

    95

    th

    Independence day. Afghanistan getindepdendence from the British Empire after

    fought three Anglo-Afghan wars and ultimately

    signed the Anglo-Afghan treay to get the

    independence. The capital of Afghanistan is

    Kabul.

    57. Delhi Development Autohrity (DDA) approved

    the modifciation proposal in the Master Plan of

    Indias capital Delhi 2021 which plan

    incorporates the innovations for the development

    of the Natinal Capital.

    58. The Government of South Africa has taken the

    important decision about the illegal poaching of

    rhinos. The Ministry of Environment of South

    Africa decided to evacuate 500 rhinos from

    Kruger National Park to curb the illegal poaching

    of rhinos which is one of the largest parks of

    South Africa.

    59. Two Districts of the State of Rajasthan namely

    Ajmer and Alwar declared Smoke Free districts.

    Two other districts of the State of Rajasthan

    namely Jhunjhunu and Jodhpur already declared

    Smoke Free districts. Now, Rajasthan has 4

    Smoke Free Districts.

    60. Indias first science and technology institute i.e.

    Indian Institute of Engineering Science and

    Technology (IIEST) established in West Bengal.61. The Union Government of India launched Indias

    first ethanol-run bus in the Nagpur City of

    Maharashtra under the Green Bus Project. The

    run bus recuce the import of petroleum products

    like petrol, diesel and gas etc. The country of

    Sweden has manufactured this bus and this bus

    using Ethanol instead of fuel.

    62. Border Secrity Force and Board Guard

    Bangladesh signed an agreement on vulnerability

    mapping to implement a coordinated bordermanagement plan to curb drug and human

    trafficking. The chief of BSF is D.K. Pathak and

    the Director General of BGB is Aziz Ahmed.

    63. The Governor of Maharashtra Shri K.

    Sankaranarayanan resigned from the office and

    he appointed the new Governor of Mizoram.

    Recently, the Governor of Gujarat Shri Om

    Prakash Kohli has been given to additional

    charge of Maharashtra.

    64. Approximately, 218 coal block allocationsdeclared illegal by the Supreme Court of India

    which were allocated by Screening Committee

    during the period 1993 to 2010.

    65. Out of 18 Assembly constituencies 10 seats won

    by Congress and its allies and remaining 8 seats

    won by BJP and its allies. The 18 Assembly

    contituencies elections held in Bihar, Punjab,

    Madhya Pradesh and Karanataka.

    66. The President of France Francois Hollande

    dissolved the government on the issue of

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    countrys stagnant economy. The Prime Minister

    of France Manuel Valls resigned from the post.

    67. The Prime Minister of India Shri Narendra Modi

    launched energy highway for eastern India to

    connect with the national gas grid. Gas Authority

    of India Limited will implement this pipeline

    project.

    68. To gave the special treatment of ebola virus,

    Japan will offer favipiravir which is an anti-viral

    drug, the drug known as Avignan. The major

    countries affected with ebola virus are Guinea,

    Sierra Leone and Liberia.

    69. Four Governors namely Kalyan Singh appointed

    for the State of Rajasthan while Vajubhai

    Rudabhai Vala for Karnataka, Mridula Sinha for

    the State of Goa and C. Vidyasagar Rao for theState of Maharashtra.

    70. A domain called Dot Bharat launched by the

    Government of India to connect people with

    social media. This domain will give the

    information to the people in their regional

    languages but initially, eight languages are

    included in the domain are Hindi, Bodo, Dogri,

    Konkani, Maithili, Marathi, Nepali and Sindhi.

    71. The Finance Ministry of India ordered forensic

    audit of UCO Bank after found irregularities innon-performing accounts. UCO Bank is 4th bank

    that is named for forensic audit. The other three

    banks are Dena Bank, Oriental Bank of

    Commerce and Syndicate Bank.

    72. Israel and Hamas agreed to Egyptian ceasefire

    proposal for unlimited time. Few days back, the

    proposal was refused by Hamas.

    73. Indian Air Force and Russian Federation Air

    Force started Indo-Russian Air Force Exercise

    called Avia Indra 2014 which is first Indo-Russian aerial exercise between the two

    countries.

    74. The Jewish Centre, Chabad House oftenly called

    as Nariman House reopened after 6 years. The

    Centre was remained closed after the 26/11 terror

    attack in the year November 2008.

    75. Recep Tayyip Erdogan became 12th President of

    Turkey. He relates to Justice and Development

    Party while Ahmet Davutogul became the Prime

    Minister of Turkey.

    76. 7 countries Canada, Denmark, France, United

    Kingdom, Albania, Croatia and Italy joined

    United States of America in arming the Kurdish

    forces against ISIS.

    77. Department of Industrial Policy and Promotion

    notified Press Note 8, the note allows 100% FDI

    in the Indian Railways infrastructure.

    78. To identify the obsolete laws, Ramanujam

    Committee established by the Prime Minister

    Shri Narendra Modi. The Chairman of the

    Committee will be R. Ramanujam.

    79. The Tourism Minister of India Shripad Naik set

    the criteria to build tourism industry in all over

    the India, the criteria set by him called as

    Sustainable Tourism Criteria for India.

    80. The Honble Supreme Court of India asked DLFLtd., a real estate developer company to pay the

    fine amount of Rs.630 Crore, imposed by

    Competition Commission of India.

    81. The state of Maharashtra will form the

    Transgender Welfare Board. Maharashtra will

    become 2nd state of India to form the Transgender

    Welfare Board. The first one was Tamil Nadu.

    82. Sivaramakrishnan Committee submitted its report

    to the Union Home Ministry on the capital of

    Andhra Pradesh. The committee was recentlyconstituted to sugest the place to build the capital

    city of Andhra Pradesh. The Chairman of this

    committee is K. Sivaramakrishnan.

    83. The Governor of Manipur Shri Vinod Kumar

    Duggal resigned. Formerly, he was the member-

    Secretary of Srikrishna Committee, the

    committee was constituted on the issue of new

    formed state of Telangana.

    84. The Cabinet of Delhi made mandatory

    instructions to wear the helmets for women ontwo wheelers.

    85. Till now, NDA Government of India laid down

    the many foundation stones to provide hastle free

    services to Indians. In the near future, the Indian

    Government can start MyGov.in programme.

    Under this programme the educational

    certificates, residential documents and other

    necessary documents will be stored in the

    individual digital lockers. After the inaugration

    of this programme, all the Indians can free from

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    harassment suffered by them in the government

    offices.

    PSU Banks in India

    Reserve Bank of India (1935)

    Head Quarter: Mumbai

    Governor: Dr.Raghu Ram Rajan

    4 Deputy Governors: Mr.Harun Rashid Khan,

    Mr.S.S. Mundra, Dr.Urjit R. Patel, Mr. R. Gandhi

    It has 4 regional offices, 15 Branches and 5 sub-

    offices.

    Functions: Formulates, implements and monitors

    the monetary policy, Regulates and supervise the

    financial system, Regulates and supervise the

    payment systems, Manages the Foreign Exchange,

    Issue Currency, Promotes national objectives, Short

    terms loans to Govt. under ways and means

    advances,

    Inspections: Onsite thru CAMELS &

    CALCS and ofsite thru OSMOS, Nationalized in

    1949, Established in 1935 by RBI Act 1934.

    State Bank of India (1955)

    Head Quarter: Mumbai

    It was the 1st Joint Stock Bank of British India, Bank

    of Bengal, Bank of Bombay and Bank of Madras

    amalamated on 27th Jan. 1921, Imperial Bank of

    India was converted into SBI in 1955, 7 subsidiary

    were added in the year 1959 State Bank of

    Saurastra was merged in 2008 and State Bank of

    Indore was merged in 2010, Now SBI is having 5

    Associate Banks, It is 3rd largest employer in India

    after Coal India and TCS (among listed companies)

    Chairman: Ms.Arundhati Bhattacharya

    Slogans: Pure Banking nothing else, With you

    all the way, and A Bank of commonman. ATMs

    more than 43000

    Branches: more than 15143, 170

    branches in 34 nations

    Allahabad Bank (1865)

    Head Quarter: Kolkata

    It is the oldest Joint Stock Bank of India

    CMD: Mr.Rakesh Sethi

    Slogan: A tradition of trust

    Branches: more than 2500

    Andhra Bank (1923)

    Head Quarter: Hyderabad

    It is founded by freedom fighter Mr.B.P. Sitaramaya

    Chairman: Mr.CVR Rajendran

    Slogan: For all your needs

    Branches: more than 1632

    Bank of Baroda (1908)

    Head Quarter: Vadodara

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    Head Quarter: New Delhi

    Founding fathers are Bhai Vir Singh, Sir Sunder

    Singh Majithia, Sardar Tarlochan Singh.

    Chairman: Jatinder Bir Singh

    Slogan: Where service is way of life

    Branches: more than 900

    Punjab National Bank (1894)

    Head Quarter: New Delhi

    It is Indigenous bank of India and 2nd largest Comm.

    Bank of India

    Chairman: Mr.K.R. Kamath

    Slogan: The name you can bank

    upon

    Branches: more than 4500

    Syndicate Bank (1925)

    Head Quarter: Manipal

    Chairman: Mr.Sudhir Kr. Jain

    Slogan: Faithful Friendly

    Branches: more than 2650

    UCO (United Commercial Bank) 1943

    Head Quarter: Kolkata

    Chairman: Mr.Arun Kunal

    Slogan: Trust and Excellence since

    1904

    Branches: more than 2000

    Union Bank of India (1919)

    Head Quarter: Mumbai

    Mahatama Gandhi inaugurated it.

    CMD: Mr.Arun Tiwari

    Slogan: Good people to bank with

    United Bank of India (1950)

    Head Quarter: Kolkata

    Chairman: Mr.Bhaskar sen

    Slogan: The Bank That Begins With

    U

    Branches: more than 1443

    Vijaya Bank (1931)

    Head Quarter: Bangalore

    CMD: Mr.V. Kannan

    Slogan: A friend you can bank upon

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    Movie awards held in 2014

    61ST NATIONAL FILMAWARDSAward Winner

    Best popular film providing wholesome

    entertainment

    Bhaag Milkha Bhaag

    Nargis Dutt Award (National Integration

    Award)

    Thalaimuraigal (Tamil)

    Best Actor Raj Kumar Rao (for Shahid) and Suraj

    Venjaramoodu (Peraiyathavar - Malyalam

    film)

    Best Actress Geetanjali Thapa (for Liars Dice)

    Best Film (Hindi) Jolly LLB

    Best Director Hansal Mehta (for Shahid)

    Non feature film on social issues Gulabi Gang (Hindi-Bundelkhand)

    Non feature film Rangbhoomi (Hindi)

    Best book on cinema Cinema Ga Cinema written by Nandagopal (in

    Telugu)

    Best children film Kaphal (Hindi)

    Best English film The Coffinmaker

    86THACADEMYAWARDS (OSCARS)

    Award Winner

    Best picture 12 years a slave

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    Best Actor Matthew McConaughe for movie Dallas

    Buyers Club

    Best Actress Cate Blanchett for Blue Jasmine

    Best Director Alfonso Cuaron for Gravity

    Best Foreign Language film The Great Beauty (Italian)

    15TH IIFA (INTERNATIONAL INDIAN FILMACADEMY) AWARD: (MACAU)Award Winner

    Best film Viacom 18 motion pictures Bhaag Milkha

    Bhaag

    Best Actor Farhan Akhtar

    Best Actress Deepika Padukone

    Best Director Rakeysh Omprakash Mehra

    Most popular all time international star John Travolta

    Performance in comic role Arshad Warsi in Jolly LLB

    Entertainment of the year Deepika Padukone

    Life Time Achievement Shatrughan Sinha

    59TH FILMFARE AWARDS

    Award Winner

    Best film Bhaag Milkha Bhaag

    Best Actor Farhan Akhtar (BMB)

    Best Actress Deepika Padukone

    Best Director Rakesh Omprakash Mehra

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    Life Time Achievement Award Tanuja

    56TH GRAMMYAWARDS

    Award Winner

    Song of the year Royals by Joel Little and Lorde

    Album of the year Daft Punk win 4 awards

    Best pop solo performance Royals by Lorde Biggest winner with 4 awards

    best new artists and most of the grammy rap

    categories won by Macklemore and RyanLewis

    71ST GOLDEN GLOBEAWARDS

    Award Winner

    Best Actor (in motion picture) Leonardo Dicaprio (for film The Wolf of Wall

    Street)

    Best Actress Cate Blanchett (Blue Jasmine)

    Best Director Alfonso Cuaran (Gravity)

    Best motion picture (Comedy or musical) Americn Hustle

    Best motion picture drama 12 years a slave

    44TH INTERNATIONAL FILM FESTIVAL OF INDIA (IIFI)

    Award Winner

    Golden Peacock

    Beatrizs War (Co-Directors: Luigi Acquisto and

    Netu Reiss)

    Silver Peacock

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    The Best Director Kaushik Ganguly for Bengali film Apur

    Panchali

    Special Jury Award Thou Gilds (a Turkish film)

    Best Actor Alon Moni Aboutboul for an Israeli Move A

    Palace in Heaven

    Best Actress Boczarska Magdalina for Polish Movie in

    Hiding

    Special Centenary Award Bengali film Maaghe Dhaka Tara directed by

    Kamleshwar Mukherjee

    Life Time Achievement Award Jiri Menzel

    Centenary Award for the Indian Film

    Personality of the year 2013 was given to

    Waheeda Rehman

    The Chief Guest of the closing ceremony was Michelle Yeoh

    Important facts about Grand Slam

    tournaments held in 2014

    Tournament Facts

    Wimbledon Open 2014 (Grass) In Mens final Novak Djokovic won Roger Federer

    in womens final Petra Kvitov of Czech won from EugnieBouchard of Canada

    in Mens Double Vasek Pospisil and Jack Sock won from

    Bob Bryan and Mike Bryan

    in womens Double Sara Errani and Roberta Vinci won

    from Timea Babos and Kristina Miadenovic

    A Rosewater Dish trophy is given to womens final

    winner and challenge cup to mens winner

    French Open (Clay) 2014 Played in Roland Garos, Men Single Rafaeil Nadal ofSpain won from Novak Djokovic of Serbia

    Rafael Nadal won the Roland Garros crowns for the

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    5th time successively, and 9th winner and in total 14 grandslam winner, also known as King of Clay and retained1st position

    women single Maria Sharapova won from SimonaHalep of Romania

    Maria Sharapova won the 5th grand slam already in 2012she won all the 4 grand slams of the year. After thiscompetition, she became No.5th player in rank.

    Prize Money total Euro 18718000, Single winner-Euro1250000, Mixed Double-Euro 100000 per team

    Medal Trophies: Single Men-Coupe Des Mousquetairs,Women Single Coupe Suzanne Lenglan, MixedDouble-Coupe Marcel Barnard

    Australian Open 2014 (Hard) Stanislas Wawrinka of Switzerland won Mens final fromRafael Nadal

    in womens final Li Na of Chin won from DominikaCibulkova of Slovakia

    In womens double Sara Errani and Roberta Vinci won

    from Ekaterina Makarova and Elena Vesnina

    In mixed double Daniel Nestor of Canada and KristinaMladenovic (France) won from Sania Mirza and HoriaTecau (Romanian)

    Australian Open is played in Rod Laver Arena inMelbourne and trophies Norman Brookes Challenge Cupand Daphne Akhurst Memorial Cup are being given toMens and Womens winner respectively.

    US Open 2013 (Hard) Rafael Nadal (Spain) won from Novak Djokovic(Serbian)

    Serena William won from Victoria Azarenka

    In mens double the winners Leander Paes and Rodek

    Stepanek won from Alexander peya and Bruno Soares

    US Open was played in Arthur Ashe Stadium, FlushingMeadows ground of New York. The winners in single got$1.9 mn and the runners got $ .95mn.

    Union Budget 2014Arun Jaitley, The Finance Minister of Narendra

    Modi's cabinet presented, Union Budget. I must

    say that this budget is "Growth Oriented".

    Government planned to invest lots of funds on

    setting up of new educational institutes and one

    of the most important step that government took -

    Increase in limit of 80C. This would lead to

    higher investment rate and automatically this

    would help in job creation.

    Highlights

    Taxes and Interests

    Income tax exemption limit raised from

    Rs.2 Lakh to Rs.2.5 Lakh

    Deduction limit under Section 80-C

    raised to Rs.1.5 Lakh

    Annual PPF ceiling hiked to Rs.1.5 Lakh

    No tax for income upto Rs.3 Lakh for

    senior citizens

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    Markets & Banking

    PSU Banks to raise Rs.2.40 Lakh Crore

    capital by 2018

    Introduction of uniform KYC norms

    One single operating DMAT Account

    Two bank accounts in each household to

    be opened

    What it means: Banking facilities for all households

    Customs & Excise

    Colour picture tubes exempted from

    basic customs duty

    Basic customs duty on LCD, LED panels

    below 19 inches reduced

    More proposals to cut excise on food

    processing and footwear

    Cigarattes, tobacco products, aerated

    water containing sugar to become

    expensive

    Aim: To curb use of tobacco products as

    smoking results in 1 million deaths every year

    and 20% of the total deaths in the country.

    Sports

    Rs.200 Crore for upgrading indoor and

    outdoor facilities in Jammu and Kashmir

    Rs.100 Crore allocated for Sports

    University in Manipur

    Rs.100 Crore for training sportsmen and

    women for upcoming Commonwealth

    and Asian Games.

    Aim: As sports have not been mainstreamed to

    date, was a need to set up national level

    academies for major games in different parts of

    the country.

    Information Technology

    Tax benefits for IT industry restored

    FDI to be allowed in e-commerce sector

    to provide much needed boost to the

    online retail industry

    Rs.100 Crore set aside for development

    of Technology Development Fund

    Biotech clusters to be set up in Bangalore

    and Faridabad

    All government departments, ministries

    to be integrated through e-platform by

    31 Dec., 2014

    Aim: to promote the use of new technology and

    integration of technology across sectors.

    Rural Development

    Rs.500 Crore for Deen Dayal Upadhaya

    Gram Jyoti Yojana

    Rs.14,389 Crore for Pradhan Mantri

    Gram Sadak Yojana

    Initial sum of Rs.100 Crore for Village

    Entrepreneurship Programme

    New programme Neeranchal to give

    impetus to watershed development with

    an initial outlay of Rs.2,142 Crore

    Swatch Bharat Abhiyaan targeting total

    sanitation by 2019

    Low interest loan scheme for women self

    help groups

    Tax exemption limit increased from 2 lacs to 2.5 lacs

    Much awaited and expected decision from FM. Although

    it was expected that tax exemption limit will be increased

    to 3 lacs but it is increased to 2.5 lacs only. Governmenttried to relief to inflation stricken public.

    Individual resident below 60 years of age (i.e. born on or

    after 1st April 1953) or any NRI, HUF, AOP, BOI or

    AJP*

    Income Tax Slabs

    Income Slabs Tax Rates

    I. Where the total incomedoes not exceed

    Rs.2,00,000/-

    NIL

    II. Where the total income

    exceeds Rs.2,00,000/- but

    does not exceed Rs.

    5,00,000/-.

    10% of amount by

    which the total

    income exceeds

    Rs. 2,00,000/-

    III. Where the total income

    exceeds Rs.5,00,000/- but

    does not exceed Rs.

    10,00,000/-

    Rs.30,000/- +

    20% of the

    amount by which

    the total incomeexceeds Rs.

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    5,00,000/-

    IV. Where the total income

    exceeds Rs.10,00,000/-

    Rs.130,000/- +

    30% of the

    amount by which

    the total income

    exceeds Rs.

    10,00,000/-

    Surcharge : Nil

    Education Cess : 3% of the Income Tax.

    * Abbreviations used :

    NRI - Non Resident Individual; HUF - Hindu

    Undivided Family; AOP - Association of Persons; BOI -

    Body of Individuals; AJP - Artificial Judicial Person

    I. Individual resident who is of the age of 60 years

    or more but below the age of 80 years at any time

    during the previous year (i.e. born on or after 1st

    April 1933 but before 1st April 1953)

    New Schemes introduced in

    Budget 2014

    Scheme Fund Allocation

    Textile Cluster 200 Crore

    Kisan Television 100 Crore

    Four new AIIMS 500 Crore

    Modernization of Madrassas 100 Crore

    Community Radio Centres 100 Crore

    Agricultural University 200 Crore

    Beti Padhao Beti Badhao

    Yojana

    100 Crore

    Statue of Unity of SardarVallabh Patel

    200 Crore

    National rural internet and

    technology mission

    500 Crore

    New and renewable energy 500 Crore

    Soil health card policy 100 Crore

    Soil testing lab 100 Crore

    Metro rails development

    project

    100 Crore

    Important Organizations

    and their Abbreviations

    IOD- Indian Ocean Dipole ICANN- Internet Corporation for Assigned

    Names and Numbers

    CCI- Competition Commission of India

    DGCA- The Directorate General of Civil

    Aviation

    UNESCO- United Nations Educational,

    Scientific and Cultural Organization

    IAEA- International Atomic Energy Agency

    (IAEA)

    NFSA- National Food Security Act UNEP- United Nations Environment Programme

    NDMA- National Disaster Management

    Authority

    MPA- Marine Protected Area

    OHCHR- Office of High Commissioner for

    Human Rights

    DRSC- District-level Road Safety Committees

    AICTE :- All India Council of Technical

    Education

    AIIMS :- All India Institute of Medical Sciences ASSOCHAM :- Associated Chamber of

    Commerce and Industry

    BIS :- Bureau of Indian Standards

    CSIR :- Council of Scientific and Industrial

    Research

    CVC :- Central Vigilance Commission

    DGCA :- Director General of Civil Aviation

    ECIL :- Electronic Corporation of India Limited

    FCI :- Food Corporation of India

    FICCI :- Federation of Indian Chamber of

    Commerce and Industry

    FIEO :- Federation of Indian Export

    Organization

    IDFC Infrastructure Development Finance Co.

    Ltd.

    GATT :- General Agreement on Tariff and Trade

    AICI Agricultural Insurance Corporation of

    India

    CCIC Central Cottage Industries Corporation

    CCI Consumer Confidence Index

    EFTA European Free Trade Association

    ISROIndian Space Research Organisation

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    ICICIIndustrial Credit and Investment

    Corporation of India

    HDFCHousing Development Finance

    Corporation

    NASA :-National aeronautics and space

    administration.

    ESA :-Employment and support Allowance

    Business and Economy1. Employees Provident Fund Organisation (EPFO)

    retained the rate of interest as 8.75% p.a. on the

    deposits of provident fund.

    2. RBI has cancelled Certificate of Registration of

    six non-banking finanancial institutions

    (NBFCs). The reason being that they cannot beable to conduct business of non-banking

    finanancial activities. It is hereby important to

    noted that RBI at any time observed that if any

    institution cannot be able to bear the expenditures

    or losses then RBI cancelled the Certificate of

    Registration of that institution immediately.

    3. HDFC (Housing Development Finance

    Corporation) is fast growing private sector bank

    who will open a school in Gurgaon. This will be

    the first financial organization who taken thistype of step.

    4. According to the Bloomberg Billionaires Index,

    Shri Dilip Singhvi, the founder and MD of Sun

    Pharmaceutical Industries topped the gloabal rich

    list with $17.2 billion. Sun Pharmaceutical

    Industries is the fastest growing healthcare

    company.

    5. Reserve Bank of India reduced the Statutory

    Liquidity Ratio (SLR) by 50 basis points to 22%

    but the repo rate remains the same announced by

    the RBI Governor Raghuram Rajan.

    Policy Rates Bank Rate 9.0%

    Base Rate 10% to 10.25%

    CRR 4.0%

    Repo Rate 8.0%

    Reserve Repo Rate 7.0%

    SLR 22%

    Term Deposit Rate 8% to 9.05%

    6. RBI has cancelled the licence of The Vasavi Co-

    operative Urban Bank Ltd.

    7. Reserve Bank of India drafted guidelines to

    implement the Bharat Bill Payment Scheme

    (BPPS) oftenly called as any time any where

    bill payment system.

    8. Tata Consultancy Services (TCS) became the

    first Indian Company to cross Rs.5 Lakh Crore

    Market capitalization. Till today, no other

    national company can reach at this target. TCS is

    an IT Company.

    9. Reserve Bank of India will launched Rs.1000

    note consisting the Rupee Symbol.

    10. The Board of Reserve Bank of India has given

    the apporval to create the post of Chief Operating

    Officer as per the needs of the economy.11. Reserve Bank of India announed that free ATM

    transactions for savings account holders in six

    metro cities will decrease from 5 to 3 from 01st

    November 2014. That cities are Mumbai, New

    Delhi, Chennai, Kolkata, Bengaluru and

    Hyderabad.

    12. India ranked at 5th position in Renewables Global

    Status Report 2014 while China ranked at 1st

    position. First time this report was relased in the

    year 2005.13. The merger of Mumbai and Kolkata will held

    with Maharashtra and West Bengal under the

    Department of Telecom. After the mergeness of

    these cities, the telecom subscribers who

    travelling from these cities will free from the

    roaming charges. The present Telecom Minister

    is Ravi Shankar Prasad.

    14. The Korean handset maker Samsung still

    continues to lead the smartphone market with

    29% share as per the report of International DataCorporation which is a market research to

    conduct analyzing in information technolgy and

    telecommunications. The Chief Executive Officer

    of International Data Corporation is Kirk

    Campbell.

    15. Colgate palmolive appointed Issam Bachaalani as

    Managing Director of India. Colgate palmolive

    Company is the multinational company which is

    focus on the healthcare products like soaps,

    detergents etc. The Chief Executive Officer of

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    Colgate Palmolive Company is Ian M. Cook and

    its headquarter in New York.

    16. The 2nd largest private sector bank of India i.e.

    HDFC Bank opened its Branch in Dubai. The

    HDFC Bank taken this step to see the large

    quantity of Indians in Dubai. Before this the bank

    has already opened its two international branches

    in Bahrain and Hong Kong. The Chief Executive

    Officer of HDFC Bank is Aditya Puri.

    17. The Swachh Bharat scheme gets Rs.200 Crore

    from Tata Consultancy Services and Bharti

    Foundation for working this scheme. The Chief

    Executive Officer of Tata Consultancy Services

    is Natarajan Chandrasekaran. The Chief

    Executive Officer of Bharti Foundation is Vijay

    Chadda.18. The renowned Private Sector Bank i.e. ICICI

    Bank launched EMI facility on debit cards with

    the condition to have FD in tha bank. With this

    launching, ICICI Bank became the first bank to

    launch this type of facility.

    19. The Ministry of Finance gave the instructions to

    forensic audit to take an audit regarding the

    misappropriation of funds committed by Dena

    Bank and Oriental Bank of Commerce.

    20. International Finance Corporation launched$2.5bn onshore Indian ruppe programme to

    strengthen the support infrastructure development

    and capital market. International Finance

    Corporation is the member of World Bank

    Group.

    21. The Indian companies Tata Consultancy Services

    (TCS), Sun Pharma Industries, Hindustan

    Unilever, Larsen & Toubro (L & T), Bajaj Auto

    listed in the Forbes list among 100 most

    innovative companies.22. ITC Limited listed in Indias most admired

    companies. Approximate, 45 companies listed in

    the FORBES list.

    23. Tata Value Homes signed an angreement with

    Snapdeal to enable the users to buy houses

    online.

    24. Cox & Kings Ltd., a travel company got the

    contract of Deccan Odyssey, a luxury train

    service of Maharashtra Tourism Development

    Corporation for the term of 5 years.

    25. Reliance Jio Infocomm Ltd. signed the deal with

    BSNL for sharing the towers. Reliance Jio

    Infocomm Ltd. is the first telecom company to

    get the unified licence for all the 22 service areas

    in all over India.

    26. Air India will sell tickets for Rs.100 excluding

    tax on the eve of Air India Day i.e. on 27 th

    August 2014, the day on which the Indian

    Airlines merged with Air India 7 years back i.e.

    in the year 2007.

    27. INTERPOL appointed Shah Rukh Khan as its

    Ambassador. The Headquarter of INTERPOL is

    in France. After the appointment, he became the

    first Indian to become Ambassador of

    INTERPOL.

    28. More than 1.5 Crore accounts opened all overIndia under the Pradhana Mantri Jan Dhan

    Yojana, a Yojana announced by the Prime

    Minister on the eve of Independence Day, few

    days back. This is a big record in the Indian

    banking industry that 1.5 Crore accounts opened

    just in One day.

    29. Indian Railway Catering and Tourism

    Corporation (IRCTC) launched the new

    application for all the Black Berry Smartphone

    users. With this application, all the Black BerrySmartphone users can book the train tickets.

    Science and Technology1. Indian Air Force received its 6th C-17

    GlobemasterIII aircraft on 28th July 2014.

    2. 6th C-17 GlobemasterIII launched in Indian Air

    Force. This success of Indian Air Force wil

    enhance the Operational Potential of itself.

    3. Two Indians Rishi Israni and his wife Pranoti

    invented a Robot which will produce one baked

    chapati. This is worlds first Chapati Making

    Robot. The Rotomatic device is the first device to

    be used in Robotic Technology.

    4. On 8th August 2014 India and USA decided to for

    co-development and co-production of advanced

    weapons systems which will revive the Defence

    Trade and Technology Initiative between India

    and USA.

    5. SHERLOC is the first UV Raman Spectrometer

    that will fly in Mars. SHERLOC (Scanning

    Habitable Environments with Raman and

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    Luminescence for Organics and Chemicals) will

    carried by the Mars 2020 rover mission.

    6. NASAs ISEE-3 vintage spacecraft successfully

    completed the visit to the earth moon system.

    Originally this spacecraft was launched in the

    year 1978.

    7. Mars Environmental Dynamics Analyzer

    (MEDA) would be carried in 2020 to measure

    temoperature, measure the speed of wind and also

    the direction, presurre and wind and humidity of

    air.

    8. Radar Imager for Mars Subsurface Exploration

    (RIMFAX) will be sent to Mars to study the

    centimeter-scale resolution of the geologic

    structure of the subsurface. RIMFAX is a ground

    penerating radar.9. On 16th August 2014, Prime Minister of India

    Shri Narendra Modi will delivered INS Kolkata

    to Indian Navy. INS Kolkata will be the part of

    44 warships. This is the first and largest made in

    India.

    10. Google will be build knowledge vault to store the

    information of whole the world by using an

    algorithm to turn the raw data.

    SportsFIFA World Cup 2014

    1) 2014 FIFA World Cup was the ..... FIFA World

    Cup?

    Ans. 20th

    2) Which country hosted the FIFA World Cup 2014?

    Ans. Brazil

    3) The FIFA 2014 was held from __ to __?

    Ans. 12th June to 13th July

    4) Brazil had earlier hosted FIFA WC in which year?

    Ans. 1950

    5) How many countries participated in the FIFA WC

    2014?

    Ans. 32

    6) Name the two new technologies used for the first

    time at a World Cup in 2014?

    Ans. Goal-line technology and vanishing foam for

    free kicks.

    7) When was the first FIFA World cup held?

    Ans. 1930

    8) Name the countries which have so far lifted FIFA WC

    since it's startingin 1930?

    Ans. Argentina, Brazil, England, France, Germany,

    Italy, Spain and Uruguay

    9) Which was the first team to be eliminated from FIFA

    WC 2014?

    Ans. Spain (the champions of 2010 WC)

    10) Germany lifted the FIFA WC 2014 defeating whichteam in the finals?

    Ans. Argentina (By 1-0 margin)

    11) Which team became the first European team to win a

    World Cup in the Americas?

    Ans. Germany

    12) Germany's win marked the first time that sides from

    the same continent had won three successive World Cups.

    Who were the earlier winners in 2010 and 2006?Ans. 2010- Spain & 2006- Italy

    13) Germany qualified for which tournament winning the

    world Cup?

    Ans. 2017 FIFA Confederations Cup

    14) First match of FIFA 2014 was between?

    Ans. Brazil and Croatia

    15) Who scored the first goal of FIFA WC 2014?Ans. Marcelo of Brazil (It was a self-goal

    which earned Croatia the lead in the 11th

    minute.) But at the end Brazil won the match

    3-1 with Neymar scoring 2 goals and Oscar

    one.

    16) Who was the referee in the opening match?

    Ans. Yuichi Nishimura from Japan

    17) Who was the referee in the final match?

    Ans. Nicola Rizzoli from Italy

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    18) Total how many venues where there for FIFA

    WC 2014?

    Ans. 12

    19) Which stadium hosted the final match

    between Germany and Argentina?

    Ans. Maracana Stadium, Rio de Janeiro

    20) Which was the official match ball of the 2014

    FIFA World Cup?

    Ans. Adidas Brazuca

    21) Brazuca was manufactured in which country?

    Ans. Sialkot, Pakistan

    22) Which country reached their first

    quarterfinals since 1986 in FIFA WC 2014?

    Ans. Belgium

    23) Name the two first-time quarterfinalists in

    FIFA WC 2014?

    Ans. Colombia and Costa Rica

    24) Which country set a World Cup record with

    four consecutive semi-final appearances in FIFAWC 2014?

    Ans. Germany

    25) Who beacme the first player to appear in four

    World Cup semi-finals in FIFA WC 2014?

    Ans. Miroslav Klose

    26) Miroslav Klose broke whose record with 16 goals to

    become the highest scorer in the history of FIFA 2014?

    Ans. Ronaldo

    27) Which team secured third place in FIFA WC 2014?

    Ans. Netherlands. The defeated Brazil 30 in third

    place play-off.

    28) Germany and Argentina faced each other in how

    many WC finals?

    Ans. Three (1986, 1990 and 2014)

    29) Who was awarded the Golden Boot for scoring six

    goals in FIFA WC 2014?

    Ans. James Rodrguez of Colombia. He was followed

    by Thomas Mller- 05, Lionel Messi, Neymar

    and Robin van Persie with 04 goals.

    30) How many goals were scored in FIFA WC 2014 in

    total?

    Ans. 171 goals by 121 different players.

    31) How many self-goals were there in FIFA WC 2014?

    Ans. 05

    32) Which player was suspended during FIFA WC 2014

    for nine international matches and banned from taking

    part in any footballing-related activity (including entering

    any stadium) for four months, following a biting incident

    on Italian defender Giorgio Chiellini?Ans. Luis Surez of Uruguay

    33) Who scored the two hat-tricks of FIFA WC 2014?

    Ans. Thomas Muller of Germany and Xherdan

    Shaqiri of Switzerland

    34) Who won the Golden Ball in FIFA 2014 as best

    player of the tournament?

    Ans. Lionel Messi of Argentina

    35) Who was awarded the Golden Glove for best goal

    keeper?

    Ans. Manuel Neuer of Germany

    36) Who was given the Best Young Player award in FIFA

    WC 2014?

    Ans. Paul Pogba of France

    37) Which team won FIFA Fair Play Trophy?

    Ans. Colombia

    38) Which country will host the next FIFA WC

    in 2018?

    Ans. Russia

    1. Vikas Gowda became first athlete who brought

    the first athletics medal in Commonwealth

    Games 2014. After this victory, Vikas Gowda

    became Indias 2nd male athlete to win Gold

    Medal in Commonwealth Games, the first one

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    was Milkha Singh who won Gold Medal in

    athletics in the year 1958.

    2. Babita Kumari win Gold Medal in womens free

    style 55 kg wrestling in Commonwealth Games

    2014.

    3. Jitu Rai won Gold Medal in 50m Air Pistol in

    Commonwealth Games 2014.

    4. The closing ceremony of 20th Commonwealth

    Games, 2014 held at Hampden Park Stadium,

    Glasgow, Scotland. The next 21st Commonwealth

    Games, 2018 will he held in Gold Coast in

    Australia. India has successful to win 15 Gold

    Medals and total 64 medals.

    The 15 Indian Gold Medalists are:

    Yogeshwar Dutt in Mens wrestling 65

    kg freestyle Sushil Kumar in Mens wrestling 75 kg

    Amit Kumar in Mens wrestling 57 kg

    Babita Kumar in Womens wrestling, 55

    kg freestyle

    Vinesh Phogat in Womens wrestling 48

    kg

    Satish Sivalingam in Mens weightlifting

    77 kg

    Sukhen Dey in Mens weightlifting 56 kg

    category

    K Sanjita Chanu in Womens

    weightlifting 48 kg category

    Vikas Gowda in Mens Discus Throw

    Jitu Rai in Mens Shooting 50 m Pistol

    Rahi Sarnobat in Womens Shooting 25

    m pistol

    Apurvi Chandela in Womens shooting

    10 m Air Rifle

    Abhinav Bindra in Mens 10 m Air Rifle

    Dipika Pallikal in Womens Squash

    Joshana Chinappa in Womens Squash

    Parupalli Kashyap in Mens Badminton

    5. Parupalli Kashyap became the first shuttler in

    Mens singles to win a Gold Medal in

    Commonwealth Games in the last 32 years.

    6. Sabine Lisicki created the world record by fastest

    serve in Womens Tennis. She is from Germany

    which country recently won the FIFA World Cup

    2014.

    7. The Worlds superstar Usain Bolt won Gold

    Medal in Commonwealth Games, 2014 in mens

    4 100 m relay. He is from Jamaica. Usain Bolt

    broke many records which were set by various

    athletes.

    8. England successful to placed at 1st position in

    Commonwealth Games 2014 with 58 Gold

    Medals, 59 Silver Medals and 57 Bronze Medals.

    9. Chika Amalaha the Weightlifter of Nigeria

    became the first to be caught in the dope offence

    in Commonwealth Games 2014.

    10. Kapil Dev will become the Head of Arjuna

    Awards Selection Committee while Ajit Pal

    Singh is likely to be charge of selecting the

    Dronacharya Awardees. Kapil Dev is a former

    Crickter who won the Cricket World Cup forIndia in the year 1983 by defeating the then

    worlds strongest team West Indies while Ajit Pal

    Singh is a famous hockey skipper. The present

    Sports Secretary is Ajit Sharan.

    11. The Cricket Team of India equalled the world

    record of maximum 6 played gone on ducks in a

    test innings. There are three more teams, their 6

    players were gone on duck i.e. Pakistan, South

    Africa and Bangladesh. From the total four

    teams, there are three teams from Asia.12. The Indian Women Recurve team won Gold

    Medal in the Archery World Cup. In this World

    Cup, the Indian team lead by Deepika Kumari.

    The world cup held at Wroclaw, Poland.

    13. The famous Crickter Virender Sehwag and

    famous Boxer Mary Kom will promote a unity

    marathon for CRPF which is the largest

    paramilitary force of India. The Chief of CRPF is

    Dilip Trivedi.

    14. The famous Indian sportsperson RavichandranAshwin declared No.1 Test All-rounder in Test

    Cricket. India slipped at 4th position in ICC Test

    Cricket. South Africa placed at No.1 position.

    15. Ravichandran Ashwin became 46th Indian

    Cricketer who will receive Arjuna Award which

    was started in the year 1961 who perform their

    best and achieve the outstanding performance in

    sports. However, Rajiv Gandhi Khel Ratna

    Award will not to be given any sportsperson this

    year.

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    16. The famous Sri Lankan Cricketer namely Kumar

    Sangakkara break the record of Sir Don Bradman

    by completing his 10th Double Century. He

    completed his 10th Double Century against

    Pakistan.

    17. The famour Tennis Superstar Roger Federer won

    his 300th match during the Master Tournament.

    Recently he ranked World No.3 best Tennis

    Player by the Association of Tennis

    Professionals. Roger Federer belongs to

    Switzerland.

    18. Jo-Wilfried Tsonga won the Rogers Cup after

    beating Roger Federer. Recently he ranked

    World No.10 best Tennis Player by the

    Association of Tennis Professionals. Jo-Wilfried

    Tsonga belongs to France.19. On 12th August 2014, Jo Pavey became the oldest

    woman to win the Gold Medal in European

    Championships. This champoionship has

    organized by European Athletics Association.

    Recently, She won a Bronze Medal in

    Commonwealth Games 2014.

    20. Real Madrid Football Club won the UEFA

    Footbal Super Cup by defeating the Sevila

    Footbal Club. Now, Real Madrid has 14

    European Trophies included this one. The UEFASuper Cup is organized annualy.

    21. The State of Himachal Pradesh will host the

    Paragliding World Cup in the next year 2015

    which will be organized by Paragliding World

    Cup Association.

    22. Kush Kumar became the first Indian player to

    reach at semi-final of the World Junior Squash

    Championship. He is a professional Squash

    Player. The President of World Squash

    Federation is Cyrus Poncha.23. Judit Polgar the famous Chess Player retired from

    competitive Chess Arena. She is the only Chess

    woman player who remains at No.1 position in

    the Worlds Top players for consecutive 25 years.

    She is from Hungary. Now, the present World

    Chess Champion is Magnus Carlsen.

    24. Roger Federer won Cincinnati Masters after

    defearing David Ferrer. This is his 80 th carrer title

    and 6th at the Cincinnati Masters.

    25. Serena Williams won Cincinnati Master after

    defeating Ana Ivanovic. This is her first

    Cincinnati title.

    26. Adille Sumariwala will head the Indian

    contingent for Asian Games which will be hed in

    October 2014. He is the President of the Athletics

    Federation of India. 17th Asian Games will be

    held in South Korea.

    27. Tech Mahindra ties up with the famous former

    hockey player Shri Dhanraj Pillay to encourage

    and promote the game hockey. Dhanraj Pillay is

    the Manager of Indian Hockey Team. He also

    awarded with Arjuna Award.

    28. Max Verstappen will become the youngest F1

    (Formula 1) driver. Now, he is just 16 years old.

    He is from Netherlands.29. The State of Madhya Pradesh became the

    member of Hockey India. It is the 23rd member of

    Hockey India. Hockey India is the apex body of

    India to promote the Hockey in youth.

    30. The American swimmer namely Katie Ledecky

    created a new world record in Womens 1500

    meter freestyle in swimming by breaking her own

    record at Pan Pacific Championship. She created

    a record by swam the distance in 15 minute 28.36

    seconds. Till now, she won 5 gold medals.31. Daniel Ricciardo from Australia won Belgium F1

    Grand Prix which held on 24th August 2014.

    32. On 29th August, i.e. the birth anniversary of

    former Hockey Player Dhayan Chand, National

    Sports Day celebrated throughout the country.

    Dhyan Chand is also known as the Hockey

    Magician.

    33. The new International Hockey Stadium

    inaugrated in Raipur on the eve of National

    Sports Day. This is the 2

    nd

    International HockeyStadium established in the State of Chhatisgarh,

    the first one was in Rajnandgaon.

    Awards and Books1. Bhartiya Mahila Bank Ltd. awarded by Banking

    System Initiative Award-2014. The Chairman of

    Bhartiya Mahila Bank Ltd. is Usha

    Ananthasubramanan. Basically, this bank has

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    working for economic empowerment of women

    in India.

    2. Container Corporation of India Limited received

    Navratna Status granted by the Union

    Government. This corporation is the 17th Central

    Public Sector Enterprise to receive this status.

    3. Bachendri Pal awarded by Bharat Gaurav Award

    organized by East Bengal Club. This is the

    highest award of East Bengal Club. Bachendri

    Pal was the first Indian woman to climb Mount

    Everest in the year 1984. It is important to know

    that Bachendri Pal is Gold Medalist in

    Mountaineering and also got Arjuna Award and

    varous other awards and achievements.

    4. Malala Yousufzai won Liberty Medal for the year

    2014 given byy National Constitution Center,USA. She awarded by this award for the

    outstanding work of basic education and human

    rights in Pakistan because in Pakistan girl

    education and human rights were restricted by

    Taliban. Malala Yousufzai also bageged

    Pakistans Civil Awards 2014.

    5. Dr. Raghunath Anant Mashelkar honoured with

    Padma Vibhushan Award. He is a famous

    scientist. Padma Vibhushan is the highest civilian

    award of India. The Padma Awards are presentedby the President of India.

    6. Vyas Samman 2013, the prestigios award given

    in Hindi writing and peotry won by the famous

    Hindi writer Vishwanath Tripathi. This award

    was started in the year 1991 by K.K. Birla

    Foundation.

    7. Sanjaya Rajaram won World Food Prize 2014.

    He is a famous scientist. The award has given by

    the World Food Prize Foundation. This award

    was started in the year 1986 by Dr.NormanBorlaug.

    8. Kedar Nath Singh won Jnanpith Award 2013. He

    is a famous Hindi writer. The award has given by

    Bhartiya Jnanpith Trust founded in the year 1961.

    This award is given in the filed of excellence

    work in any Indian language.

    9. The book namely Strictly Personal, Manmohan

    and Gursharan was written by Daman Singh.

    Manmohan Singh was the 13th Prime Minister of

    India. This book is based upon Manmohan Singh

    and his wife Gursharan Kaur.

    10. Sriram Vedire, the National Convener of Water

    Management Cell of Bhartiya Janta Party wrote a

    book namely Gujarats success stry in Water

    Management mentioning that the water resources

    are well utilized resources to achieve the

    development of any State or any Country.

    11. Three Members of Parliament namely Shri Arun

    Jaitley, Dr.Karan Singh and Shri Sharad Yadav

    awarded the Parliamentarian Awards for the

    excellence contribution in their parliamentary

    duties. The awards have given by the President of

    India Shri Pranab Mukherjee.

    12. The Professor of Iran namely Maryam

    Mirzakhani became first woman to win the Top

    Prize in Mathematics. She received the Fields

    Medal which is generally known as the NoblePrize of Mathematics. The President of Iran is

    Hassan Rouhani.

    13. The Global South Award given by International

    Political Science Association (IPSA) to Dr. Sunil

    Kumar who is the renowned Professor of Delhi

    University on 13th August 2014 for his paper

    titled as Chaning Landscape of Electoral

    Democracy and Political Demography based on

    the General Election 2014.

    14. The Tourism Ministry of India has declared thatthe State of Sikkim became the most favoured

    destination for foregin tourists in the North-East

    Region. Before this, the State of Sikkim has

    declared the best place to visit. Moreover, Sikkim

    also won the National Tourism Award 2012.

    15. Munjal Bhargava won the Noble Prize of

    Mathematics. Moreover, Subhash Khot also won

    the Rolf Nevanlinna Prize which is awarded by

    Internation Mathematical Union.

    16. The highest peacetime gallantry award of IndianArmy i.e. Ashok Chakra conferred to Late Maj.

    Mukund Varadarajan. 12 Shaurya Chakras, 39

    Sena Medals, 1 Nau Sena Medal and 2 Vayu

    Sena Medals also announced on the eve of the

    Independence Day.

    17. Partha Mitra awarded Early Concept Grants for

    Exploratory Research (EAGER) to map the

    human brain alongwith Florin Albeanu. He is an

    neuroscientist in the USA. Brain Research

    throiugh Advancign Innovative

    Neurotechnologies (BRAIN) initiative is an

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    19. Sharad Kumar Director General, National Investigation Agency

    20. Ved Prakash Chairman, UGC

    21. K. Radhakrishnan Chairman, Space Commission and ISRO

    22. R.K. Sinha Chairman, Atomic Energy Commission and Sec. Deptt.

    of Atomic Energy

    23. A. Bhattacharya Chairman, SSC

    24. K.G. Balakrishnan Chairman, Human Rights Commission

    25. C. Chandramouli Registrar General of India and Census Commissioner

    26. K.V.Choudhary Central Board of Direct Taxes

    27. T.S. Vijayan Chairman, Insurance Regulatory Development

    Authority

    28. U.K. Sinha Chairman, Securities & Exchange Board of India

    29. Arundhati Bhattacharya Chairperson, State Bank of India30. S.K. Roy Managing Director, LIC

    31. Ashoke Kumar Mukherjee Indias permanent representative in UNO

    32. Nirupam Sen Spl. Sr. Advisor to President of UN General Assembly

    33. Mamta Sharma Chairperson of National Commission for Women

    34. Y.V. Reddy Chairman, 14th Finance Commission

    35. Ashok Chawla Chairman, Competition Commission of India

    36. Leela Samson Chairperson, Central Board of Film Certification

    37. Rana Kapoor President, ASSOCHAM38. R. Chandrasekhar Chairman, NASSCOM

    39. R. Chandrashekhar President, NASSCOM

    40. Alok Joshi Director General, RAW

    41. Amole Gupte Chairperson, Children Film Society of India

    42. S. Banerjee Director, Bhabha Atomic Research Centre

    43. Ajay S. Shriram President, CII

    44. Siddhartha Birla President, FICCI

    45. Sam Pitroda Chairman, National Knowledge Commission

    46. Ramesh Sippy Chairman, National Film Development Corporation

    47. Mrinal Pande Chairperson, Prasar Bharati

    48. Ratan Tata Chairman, Investment Commission

    49. Avinash Chander Scientific advisor to PM and Head DRDO

    50. Jawhar Sircar Chairman, Prasar Bharati

    51. T.M.Basin Chairman, Indian Banks Association

    52. Rajeev Mathur Chief Information Commissioner

    53. Prof. Parvin Sinclair Director, NCERT

    54. Ajit Doval National Security Advisor

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    List of important International organizations and

    their headsSr Head Organization

    1. BDavid Richardson CEO of ICC2. Hassan Malik Chairman, SAARC

    3. Anil Kumble Chairman, ICC Cricket Committee

    4. Christine Lagarde Managing Director, International Monetary Fund

    5. Irina Bokova Director General, UNESCO

    6. Mukhira Kituyi Secretary General, UNCTAD

    7. Peter Tomka President, International Court of Justice

    8. Takehiko Nakao President, Asian Development Bank

    9. Kamlesh Sharma Secretary General, Commonwealth

    10. Roberto Azevedo Director General, WTO11. N. Srinivasan President, International Cricket Council

    12. Jim Yong Kim President World Bank

    13. Yukia Amano Director General, International Atomic Energy Agency

    14. Jan Eliasson First Dy. Secretary General, UNO

    15. Arjun Bahadur Thapa Secretary General, SAARC

    16. Salil Sethi Sec. Gen, Amnesty International

    17. Helen Clerk Director General of UNDP

    18. Klaus Schweb Chairman, WEF (World Economic Forum)

    19. Ban Ki Moon Secretary General, United Nation Organization

    20. Hassan Rouhani Chairperson/Secretary Gen. of NAM21. Phumzile Mlambo Nqcuka Head of UN Women

    22. Thomas Bach President, International Olympic Committee

    23. N.Ramachandran President, Indian Olympic Association

    24. Prince Zeid al Hussein UN High Commissioner for Human Rights

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    Natural Disaster Reduction

    October 14 World Standards Day

    October 15 World White Cane Day (guiding

    the blind)

    October 16 World Food Day

    October 24 UN Day;

    World Development Information Day

    October 30 World Thrift Day

    November 9 Legal Services Day

    November 14 Children's Day; Diabetes Day

    November 17 National Epilepsy Day

    November 20 Africa Industrialisation Day

    November 29 International Day of Solidarity

    with Palestinian People

    December 1 World AIDS Day

    December 3 World Day of HandicappedDecember 4 Indian Navy Day

    December 7 Indian Armed Forces Flag Day

    December 10 Human Rights Day;

    IntI. Children's Day of

    Broadcasting

    December 18 Minorities Rights Day

    December 23 Kisan Divas (Farmer's Day)

    Prime Minister and Council of Ministers - India

    S.no Portfolio Name

    Cabinet Ministers of India 2014

    1

    Prime Minister and also in-charge of

    the Ministries/Departments not

    specifically allocated to the charge of

    any Minister

    Narendra ModiPersonnel, Public Grievances and

    Pensions

    Department of Atomic Energy

    Department of Space

    2 Home Affairs Rajnath Singh

    3External Affairs, Overseas Indian

    AffairsSushma Swaraj

    4 Finance, Corporate Affairs, Defence Arun Jaitley

    5

    Urban Development Housing, Urban

    Poverty Alleviation, Parliamentary

    Affairs

    M Venkaiah

    Naidu

    6 Road Transport, Highways Shipping Nitin Gadkari

    7 RailwaysD V Sadananda

    Gowda

    8Water Resources, River Development

    and Ganga RejuvenationUma Bharati

    9 Minority Affairs Dr Najma AHeptulla

    10Rural Development, Panchayati Raj,

    Drinking Water and SanitationNitin Gadkari

    11Consumer Affairs, Food and Public

    Distribution

    Ram Vilas

    Paswan

    12 Micro, Small and Medium Enterprises Kalraj Mishra

    13 Women and Child Development Maneka Gandhi

    14 Chemicals and Fertilizers Ananth Kumar

    15 Communications and InformationTechnology, Law and Justice

    Ravi ShankarPrasad

    16 Civil AviationAshok Gajapathi

    Raju Pusapati

    17Heavy Industries and Public

    EnterprisesAnant Geete

    18 Food Processing IndustriesHarsimrat Kaur

    Badal

    19 Mines Steel Labour and EmploymentNarendra Singh

    Tomar

    20 Tribal Affairs Jual Oram

    21 AgricultureRadha Mohan

    Singh

    22 Social Justice and EmpowermentThaawar Chand

    Gehlot

    23 Human Resource Development Smriti Irani

    24 Health and Family WelfareDr Harsh

    Vardhan

    Ministers of State with Independent Charge

    1

    Development of North Eastern

    Region, External Affairs, Overseas

    Indian Affairs

    General VK

    Singh

    2Planning, Statistics and Programme

    Implementation, Defence

    Inderjit Singh

    Rao

    3

    Textiles, Parliamentary Affairs, Water

    Resources, River Development and

    Ganga Rejuvenation

    Santosh Kumar

    Gangwar

    4 Culture and TourismShripad Yesso

    Naik

    5 Petroleum and Natural Gas Dharmendra

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    Pradhan

    6Skill Development, Entrepreneurship,

    Youth Affairs and Sports

    Sarbananda

    Sonowal

    7

    Information and Broadcasting

    Environment, Forest and ClimateChange, Parliamentary Affairs

    Prakash

    Javadekar

    8Power, Coal, New and Renewable

    EnergyPiyush Goyal

    9

    Science and Technology Earth

    Sciences Prime Minister Office

    Personnel, Public Grievances &

    Pensions Department of Atomic

    Energy, Department of Space

    Jitendra Singh

    10Commerce and Industry, Finance

    Corporate Affairs

    Nirmala

    Sitharaman

    Ministers of State

    1 Civil AviationGM

    Siddeshwara

    2 Railways Manoj Sinha

    3 Chemicals and Fertilizers Nihalchand

    4Rural Development Panchayati Raj

    Drinking Water and Sanitation

    Upendra

    Kushwaha

    5Heavy Industries and Public

    Enterprises

    Radhakrishnan

    P

    6 Home Affairs Kiren Rijiju

    7Road Transport and Highways

    ShippingKrishan Pal

    8Agriculture, Food Processing

    Industries

    Dr Sanjeev

    Kumar Balyan

    9 Tribal Affairs

    Mansukhbhai

    Dhanjibhai

    Vasava

    10Consumer Affairs, Food and Public

    Distribution

    Raosaheb

    Dadarao Danve

    11 Mines, Steel, Labour and Employment Vishnu Deo Sai

    12 Social Justice and EmpowermentSudarshan

    Bhagat

    Financial Terms A-Z

    A

    AGM - Annual General Meeting, it is the year meeting

    held by every registered company. Agenda is to explain

    the performance during the year, presentation of annual

    financial statements, voting on important financial

    decisions. Any shareholder can participate in AGM.

    Asset turnover ratio - This ratio can be explained as Net

    assets / Total turnover or sales. This ratio measures the

    operational efficiency of business assets. In simple terms

    this measures how many time total assets turned in a year

    and how efficiently the assets are used in a business.

    Acid test ratio - This is one of the important ratio to

    measure business liquidity. Business liquidity is defined

    as ability of a business to pay it;s short term debts. Acid

    test ratio = Highly liquid assets / current liabilities

    American Depository Receipts - This is the way non-US

    companies raises money from US investors. These shares

    can be traded in US stock exchanges and denominated in

    US $.

    Amortization - It is an accounting technique by which

    intangible assets are written off over a period of time. For

    example provision for doubtful debts or preliminary

    expenses are written off over a certain period of time.

    Annuity - It is an investment scheme under which

    investor makes recurring investments and lump sum

    payment is made to him at the end. Common example is

    Recurring deposit account at a post office where people

    makes small monthly deposits and gets their money back

    at the end of period. Benefit of Annuity is investor gets

    compound interest over a period of time.

    Asset Management Company - AMC is a company that

    pools and invests investor money in pre-determined

    goals. Pool of funds is known as Mutual fund.

    Audit - Financial statement and physical stock is checked

    annually by professional auditor (Chartered Accountant

    affiliated by ICAI in India)

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    B

    Book-keeping - Recording of financial transactions in

    books of account.

    Bear market - A market situation in which most of the

    investors thinks that markets will fall.

    Balance of Payment - BOP is the difference between a

    country's exports and imports.

    C

    Capital - Wealth invested by an entrepreneur on his

    business. Capital = Assets - Liabilities

    Capital gain - Gain by selling a capital asset in which a

    person is not doing business. Income by selling a house

    by a bank employee is a capital gain whereas when a

    builder do the same thing it is Income from business and

    professional.

    Current asset - An asset that can be converted into cash

    with 12 months. For example - debtors, stock etc.

    Credit rating - A ranking applied to an individual,business or a nation based upon its credit history and

    current financial position. There are various credit rating

    companies in India such as Crisil.

    CPI - Consumer price index is measure to find price of a

    bundle of commodities. CPI is used to measure the

    inflation in a country.

    D

    Debt consolidation - Debt consolidation is a process by

    which various loans and converted into a single loan to

    reduce interest rate and instalment value.

    Depreciation - Depreciation is reduction in value of an

    asset due wear and tear over a period of time. For

    example a company purchased a machine in 2005 and

    planned to charge 20% depreciation. In 2010 the machine

    will be written off from the books of account.

    Dividend - Dividend is the amount per share paid by a

    company to its shareholders. Dividend value is based

    upon company's profitability.

    Dividend payout ratio - It is the ratio of dividend paid

    per share and EPS ( Earning per share )

    Double entry bookkeeping - It is a method of

    bookkeeping in which every transaction is recorded two

    accounts. Once in debit side and once in credit side.

    E

    Earning per share - Earnings made by a company in a

    financial year divided by number of issued shares.

    Equity - Value of a business. Equity = Total assets -Total liabilities

    Ex-divided - Ex-dividend means without dividend. When

    a seller makes a ex-dividend sales contract then he is

    entitled to get dividend or interest payment.

    EBIT - Earning before interest and taxes

    EBT - Earning before tax

    EAT - Earning after tax

    F

    Face value - The amount mentioned on face of a bond

    certificate.

    Fixed assets - Assets which can be seen such as

    machinery

    Financial year - A period of 12 months from 1st April to

    31st march

    Fundamental analysis - Analysis of a company based

    upon financial and operational performance.

    Fiscal policy - Income and expenses management by

    Government.

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    Limited liability Liability of an individual or a

    business up to the value of investment made in a business

    M

    Monopoly - A situation in market where there are many

    buyers but a single seller exist.

    Money market - Market dealing in short term lending

    and borrowing of funds. Also know as Cash market.

    Monetary policy - Set of actions by Central bank of a

    country ( RBI in case of India) to control the supply of

    money. These actions included increase in interest rate,

    open market purchases, changing commercial bank's

    reserve funds ratio (SLR) etc.

    Marginal cost - Additional cost to produce an extra unit

    of product.

    Margin - Amount of profit added to cost price of each

    unit of a product

    Margin call - Margin call term is used in two

    situations. First - Whenever a lender gives a secured loan

    and loan value is a fixed percentage of loan thenwhenever the value of security decrease below the

    decided ratio then lender given a margin call to borrower

    to bring loan to security ratio to decided

    level. Secondly in stock exchanges traders trades in

    various securities by paying 20-30% of the value of

    securities. Whenever the value of security goes below

    that margin, broker gives margin call to trader to bring

    the margin to desired level.

    Mark-to-market - As explained above while definingmargin call, value of assets in case of securities is

    measured on daily basis. If the trader's asset value

    increased, increased value is transferred to his account. In

    case the value of assets decreased margin call is made to

    adjust the margin.

    N

    NPV - Net Present Value is aggregate of future cash

    flows from a project minus total costs. NPV is a capital

    budgeting technique used to check feasibility of projects.

    Net profit - Net profit is Gross profit minus indirect cost.

    See indirect costs

    Net worth - Net assets - Total liabilities

    Nationalization - When Government takes control of a

    business, this is known as nationalization.

    NAV - Net Assets Value is mutual fund's per unit

    exchange traded price

    O

    Opportunity cost - Additional cost in product