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BREXIT

HOW IT HAPPENED

BREXIT HOW IT HAPPENED

HISTORICAL BACKGROUND

51.9% voters supported ‘Leave’, leaving 48.1% with idea of remaining with EU.

After the devastation of World War II, European countries were in state of shock and so serious efforts were being made to find out the ways and means as to how to ensure that conflicts do not raise their ugly heads once again and how can a peaceful living be ensured in future. As a result, a number of treatises were signed in next several years among the European countries for strengthening mutual interests.

It was also a massive victory for UKIP leader Nigel Farage, who has campaigned for the UK to leave the EU for a quarter century.

Respecting the mandate of people, Cameron offered to resign from the post of Prime Minister.

 

WHAT HAPPENS NOW?

In 1948, Treaty of Brussels was signed by UK and four other countries to form a combined defence to counter communism.

The British Pound plunged to the lowest since 1985 and global markets trembled with fear, leading to crash of stock markets.

In 1957, Treaty of Rome was signed to form the European Economic Community, forming basic frame work of the future European Union.

The EU is in shock as till date no member has ever left and so there is no precedence to follow or learn from. Article 50 of the EU treaty, which sets out how a state can exit the bloc, offers little detail except that a two year notice period is required to quit.

An array of laws and EU entitlements will cease to apply to British business and citizens, creating what Brexit campaigners say will be opportunities for more growth and more selective immigration.

The result widens fissures in the UK by raising the prospect of another push for Scottish independence.

Beyond Britain’s shores, it will fan speculation that more countries could withdraw from the EU

In 1992, Treaty of Maastricht was signed to form European Community – EC, laying the foundation of European Union and introduced ‘European citzenship’.

In 2002, common currency Euro was established.

Finally, in 2007, Treaty of Lisbon was signed to give the present structure and shape to the European Union, having 28 members.

Although EU with 28 member countries has only 7.3% of the world population, it contributes roughly 24% of global GDP.

Almost all member countries rank very high in Human Development Index.

 

IMPACT ON INDIA

It has been so effective in its mission of peaceful coexistence that it was awarded Nobel Peace Prize in 2012.

So far India is concerned, a statement by our Finance Minster, Arun Jaitley sums up the situation.

“…

we are well prepared to deal with the short and

PRESENT DEVELOPMENT - BREXIT

medium term consequences of Brexit. Our macro- economic fundamentals are sound with a very comfortable external position, a rock-solid commitment to fiscal discipline, and declining inflation. Our aim will be to smooth this volatility and minimize its impact on the economy in the short term”.

Due to a prolonged slowdown in the economy of UK in recent years and increasing inflow of migrants – both from smaller European countries and from West Asian

countries, the radical forces in UK, of late, have been raising demand for a Britain independent of EU so that it can survive on its own terms and conditions. The

 

movement was given the nick name ‘Brexit’ – Britain’s exit from the EU.

 

EFFECTS ON INDIAN ECONOMY

Rupee may depreciate because of the double effect of foreign fund outflow and rise in dollar price

This will increase petrol and diesel prices to an extent

This compelled present Prime Minister David Cameron to announce holding of a referendum on June 23 to decide whether Britain wants to ‘Leave’ EU or it wants to ‘Remain’ in EU.

Cameron lead the ‘Remain’ campaign but the results of the referendum shocked the entire world and gave a big jolt to European unity.

Prices of gold, electronic goods, among others will increase

Cheaper Pound will benefit Indian exports, including IT and ITeS.

GENERAL AWARENESS

AUGUST 2016

Vol. 5, Issue 02

A PUBLICATION OF GYANM EDUCATION & TRAINING INSTITUTE PVT. LTD.

SCO 13-14-15, 2 ND FLOOR, SEC 34-A, CHANDIGARH

Contents

CURRENT AFFAIRS APRIL TO JUNE 2016

01-34

BULLET NEWS JAN 2016 TO MARCH 2016

35-58

LATEST 100 GK MCQs

59-64

SSC CORNER

65-71

FIVE MONTHS GK BYTES

72-100

FIGURES TO REMEMBER

 

REPO RATE (05.04.2016)

 

6.50%

REVERSE REPO RATE

 

6.00%

MARGINAL STANDING FACILITY RATE

 

7.00%

STATUTORY LIQUIDITY RATIO

21.25%

CASH RESERVE RATIO

 

4.00%

BANK RATE

 

7.00%

BASE RATE(s) (of various banks)

 

9.30 to

9.70%

INDIA’s RANK IN

Global Retail Development Index

02

nd

Ranking in Total Wealth

07

th

Ranking in Attracting FDI

10

th

Global Peace Index

141

st

Good Country Index

70

th

Renewable Energy Index

3

rd

World Press Freedom Index

133

rd

Rank in Manufacturing Countries

6

th

World Happiness Index

118

th

Intellectual Property Index -2016

37

th

Overall Growth Prospectus

5

th

Global Talent Competitiveness Index

89

th

Nuclear Security Index

21

st

Ease of Doing Business (Forbes)

97

th

Human Development Index

130 th

ICT Development Index

131 st

Rank in Brand Value

7

th

Legatum Prosperity Index

99

th

Global Terrorism Index

06

th

Index 99 th Global Terrorism Index 06 th NATIONAL NEWS JUNE 2016 MODI MAKES FIVE NATION

NATIONAL NEWS

JUNE 2016

MODI MAKES FIVE NATION VISIT

Prime Minister Narendra Modi made a five-nation visit to Afghanistan, Qatar, Switzerland, the US and Mexico, starting from June 4. The visit aimed at broadening bilateral trade, energy and security cooperation and push for India's bid to become a member of Nuclear Suppliers Group (NSG).

In Afghanistan, he was conferred with Amir Amanullah Khan Award, country’s highest civilian honour. He also inaugurated the Friendship Dam in Herat province in Western Afghanistan.

In Qatar, seven MoUs were signed to promote assistance on matters pertaining to customs administration through exchange of information and intelligence. In USA he addressed the special session of Congress.

In USA he addressed the special session of Congress. US APPLAUDS ‘MODI DOCTRINE’ US administration has

US APPLAUDS ‘MODI DOCTRINE’

US administration has termed the Prime Minister Modi’s vision of Indo-US ties

that has overcome the “hesitations of history” and working for the betterment of the global good as “Modi Doctrine”. It envisages a joint effort by India and USA in promoting peace, prosperity and stability from Asia to Africa, from the

Indian Ocean to the Pacific, including safety and freedom of navigation on the seas.

PRESIDENT VISITS AFRICA

President Pranab Mukherjee made a six-day trip to Ghana, Ivory Coast and

Namibia to boost trade ties with these countries. The trip began with Ghana where he signed three agreements for mutual cooperation. In Cote D’Ivoirie (Ivory Coast), he was awarded the highest honour of that country - Grand Cross National Order of the Republic of Cote D’Ivoirie.

MODI ATTENDS SCO SUMMIT

Prime Minister Modi visited Tashkent, Uzbekistan to attend the two-day summit of the Shanghai Cooperation Organisation (SCO). The summit approved India and Pakistan’s case for the full membership of the SCO.

ANSARI VISITS MOROCCO, TUNISIA

INDIA RANKS 7 TH IN TOTAL WEALTH

Vice President Mohammad Hamid Ansari visited Morocco and Tunisia. He arrived in Rabat, capital of Morocco on May 30. He launched the India-Morocco Chamber of Commerce and Industry to promote trade between two countries. Later, he visited Marrakech, main economic center of Morocco. He met King Mohammed VI and Prime Minister Benkirane.

According to the report by New World Wealth, India has been ranked seventh in the list of top 10 wealthiest countries in the world, with total individual wealth of $5,200 billion. Total wealth is more because of large population. USA with total individual wealth of USD 48,700 billion is at the top, followed by China and Japan.

On June 2 he reached Tunis, capital of Tunisia, and met Tunisian Prime Minister Habib

On June 2 he reached Tunis, capital of Tunisia, and met Tunisian Prime Minister Habib Essid. He met President Beji Caid El Sebsi on June 3. A number of MoUs were signed on mutual cooperation between the two countries.

INDIA 10 TH IN ATTRACTING FDI

As per the World Investment Report 2016 by the United Nations Conference for Trade and Development (UNCTAD), India is the 10 th largest receiver of FDI in the world, with inflow of $44 billion in 2015. USA tops the ranks by attracting $380 billion.

INDIA WORST IN HUMAN SLAVERY

According to the Global Slavery Index 2016 of 167 countries, India has largest number of people in modern slavery, around 18.4 million people, accounting for about 40 per cent of world’s slave population. The modern slavery refers to practices like forced labour, bonded labour, human trafficking, child labour and exploitation of migrant workers in situations where a person cannot leave because of threats, violence, coercion and abuse of power or deception.

INDIA JOINS MTCR GROUP

India has been admitted as the 35 th member of the elite 34 nations group on the Missile Technology Control Regime (MTCR). This would make it possible for India to buy and sell missile technology to other nations, including the supersonic Brahmos missile. It will also enable India to buy the state-of-the-art surveillance drones, such as the US predator. MTCR is an anti-proliferation group of 34 nations that aims to limit the spread of ballistic missiles and other unmanned delivery systems that could be used for chemical, biological, and nuclear attacks.

General Prayut Chan-O-Cha, Prime Minister of

Thailand arrived in New Delhi for a three day visit to India with a high level delegation.

India signed two agreements with Thailand for

boosting cooperation in culture and educational sectors.

India and USA have signed an agreement for exchange of terrorist screening information, in wake of the recent terror attacks.

A special commemorative silver coin was released by the govt to mark the 300 th martyrdom day of Sikh General Banda Singh Bahadur.

INDIA FAILS TO ENTER NSG, DESPITE SUPPORT

As a goodwill gesture, the US has returned over 200 stolen cultural artifacts to India, some dating back 2,000 years, valued at around $100 million.

All India Radio celebrated completion of 80 years of its existence on June 8. On this day in 1936, the Indian State Broadcasting Service became All India Radio.

The plenary meeting of the 48-member Nuclear Suppliers Group, NSG was held in Seoul, South Korea on June 23. A large number of countries supported India’s request for membership to NSG. However, the same could not be approved as a few countries led by China objected to India’s membership because she has not signed the Nuclear Non- Proliferation Treaty, NPT.

INDIA SECOND IN RETAIL DEVELOPMENT

Ex-Cabinet Secretary T S R Subramanian submitted its report on the New Education Policy to the Ministry of HRD.

According to 2016 Global Retail Development Index (GRDI), which ranks top 30 developing countries for retail investment worldwide, India has jumped 13 positions from last year to rank second, next only to China. A pick-up in GDP growth and a better clarity regarding FDI regulations have helped India achieve the second ranking.

Champaran Satyagrah Express train has been started from Bapudham, Motihari (Bihar) to Anand Vihar, Delhi.

Gandhiji started his first Satyagrah in April 1917 from Champaran to support the cause of Indigo growers of the region.

MoU signed with Switzerland for cooperation in the fields of skills development and professional education and training.

Mumbai is the most expensive city in India though ranked 82 nd in world, according to the 2016 Cost of Living Survey by Mercer of USA. Globally, Hong Kong topped the list of most expensive cities.

MAY 2016

LODHA COMMITTEE TO REVIEW MCI

The Supreme Court has appointed a three-member

panel headed by former Chief Justice of India RM Lodha

to review the functions of the Medical Council of India -

the regulator of medical profession and education in India.

SOLAR TRAIN TRIAL IN JODHPUR

The Indian Railways plans to conduct trial of its first solar panel-powered train in Jodhpur, Rajasthan. Though the train would be pulled by conventional diesel-run engines, the solar energy will be used for internal electricity gadgets.

INDIA HAS 248.8 MILLION HOUSEHOLDS

A latest release of the Census 2011 data shows that

there are total 248.8 million households in the country

of

which 202.4 million are of Hindus, 31.2 million belong

to

Muslims, 6.3 million belong to Christians, 4.1 million

of

Sikhs and 1.9 million belong to Jains.

WORLD’s LARGEST AIRCRAFT LANDS IN INDIA

belong to Jains. WORLD’s LARGEST AIRCRAFT LANDS IN INDIA The world’s largest cargo aircraft, Ukraine’s Antonov

The world’s largest cargo aircraft, Ukraine’s Antonov AN -225 Mriya — or the Dream, made its first landing in India on May 13 at the Rajiv Gandhi International Airport at Hyderabad. The wide body aircraft is powered by six turbofan engines and is the longest and heaviest airplane ever built, with a maximum takeoff weight of 640 tonnes.

RAIL HUMSAFAR SAPTAAH

The Ministry of Railways launched Rail Humsafar Saptaah from May 26 to June 1 to highlight significant achievements made by Indian Railways in all spheres. Every day of the week will be devoted to a particular aspect of passenger service.

100 CR PENALTY FOR WRONG INDIA MAP

According to the draft 'The Geospatial Information Regulation Bill 2016', wrong depiction of the map of India could land the violators in jail with a maximum term of seven years and fine up to Rs 100 crore.

4 INDIAN CITIES IN TOP 5 POLLUTED CITIES

Of the five cities in the world with the worst air pollution, four are in India, says a report by the World Health Organisation. These four cities are Ludhiana, Khanna, Amritsar and Gobindgarh. The dirtiest air was recorded at Zabol in Iran while Delhi was ranked at 9 th place.

 

President Pranab Mukherjee visited China from May 24 to 27, starting his trip from the highly industrialised Chinese city Guangzhou.

President of Sri Lanka Maithripala Sirisena arrived in New Delhi on May 13 for a two day visit.

International Vichar Mahakumbh was held in Ujjain in Madhya Pradesh from May 12 to 14.

The H.R. Nagendra Committee on Yoga Education in Universities has recommended seven programmes for implementation in Indian universities.

To mark the 155 th birth anniversary of Rabindranath Tagore, India organized a cultural festival in Cairo, Egypt from May 8 to 12.

A study by Assocham-KPMG shows that India is the fifth largest producer of e-waste, discarding roughly 18.5 lakh metric tonnes of electronic waste each year.

Govt has granted status of ‘classical language’ to six languages - Tamil, Telugu, Kannada, Malayalam, Sanskrit and Odia.

]

 

APRIL 2016

INDIA HOLDS MARITIME SUMMIT

The First Maritime India Summit was held in Goregaon, Mumbai, from April 14 to 16 to focus on port based economic growth of the country. India has a coastline of over 7500 kms that offers vast opportunities for growth oriented investment.

of over 7500 kms that offers vast opportunities for growth oriented investment. GENERAL AWARENESS – AUGUST

AMBEDKAR JAYANTI AT UNO

INDIA SUFFERS HIGH TROJAN ATTACK

 

For the first time, United Nations observed the birth anniversary of Dr. B R Ambedkar on April 14 at its headquarters in New York. It was organised by Permanent Mission of India to the UN in association with the Kalpana Saroj Foundation and Foundation for Human Horizon to focus on the empowerment and inclusion of excluded groups, reform of labour laws, and promotion of education for all.

As per a report from the security solutions firm Symantec, India ranks third among countries with high number of financial Trojan infections, where cybercriminals defraud customers of online banking services. Globally, the financial sector was the highest targeted sector in January with 40.2 per cent of all spear-phishing attacks.

INDIA 6 th IN MANUFACTURING

GERMANY TO HELP IN ‘NAMAMI GANGE’

India has been ranked sixth among the world's Top-Ten largest manufacturing countries. Previously, India was

India has been ranked sixth among the world's Top-Ten largest manufacturing countries. Previously, India was 9th rank in the United Nations Industrial Development Organization (UNIDO) report. China tops the list followed by US, Japan, Germany and Korea. Indonesia was at the bottom.

India has joined hands with Germany to attain pristine status of Ganga by adopting river basin management strategies used for cleansing German rivers like Rhine and Danube, under the Indian mission ‘Namami Gange’.

APEX COURT ALLOWS NEET

 

The Supreme Court has allowed the holding of the National Eligibility Entrance Test, NEET for medical courses across the country. The top court set aside its 2013 order by which the common entrance test for admissions to MBBS, BDS and PG courses in all medical colleges was quashed.

TOP EDUCATIONAL INSTITUTES OF INDIA

 

The HRD ministry released first-of-its-kind National Institutional Ranking Framework (NIRF) for ranking the higher education institutions in the country. Results of the rankings are:

‘AADHAAR’ CROSSES HUNDRED CRORE MARK

Top Management Institute:

IIM Bangalore, followed

The Unique Identification Authority of India (UIDAI) has generated 100 crore Aadhaar numbers, touching a “historic” milestone in a span of five-and-a-half years. Aadhaar is now the largest digital platform in the world for good governance and transparent delivery of services of subsidies and services.

by IIM Ahmedabad and IIM Calcutta

 

Top Engineering Institute: IIT Chennai, followed by IIT Mumbai and IIT Kharagpur.

Best

University:

The Indian Institute of Science,

Bangalore

 

INDIA SIGNS PARIS CLIMATE AGREEMENT

Top Pharmacy Institute: Manipal College of Pharma- ceutical Sciences, Manipal

W B LOAN FOR SWACHH BHARAT MISSION

 

India signed the historic Paris Climate Agreement at United Nations in New York on April 22, along with 175 nations, marking a significant step ahead for combating global warming. In the agreement, all countries agreed to work to limit global temperature rise to well below 2 degrees Celsius, and to strive for 1.5 degrees Celsius.

RAJYA SABHA GETS 6 NEW MEMBERS

World Bank has agreed to provide a $1.5 billion loan for the Swachh Bharat Mission

World Bank has agreed to provide a $1.5 billion loan for the Swachh Bharat Mission (SBM). SBM is the country's largest-ever campaign to improve sanitation. It aims to end open defecation and improve the management of liquid and solid wastes.

President nominated the six personalities from different fields to the Rajya Sabha (House of Elders) following the recommendations of the Central government. The six persons include BJP leaders Subramanian Swamy and Navjot Singh Sidhu and Narendra Jadhav, Malayalam actor Suresh Gopi, journalist Swapan Dasgupta and boxer Mary Kom. President is empowered to nominate 12 prominent persons from various walks of life to the Rajya Sabha.

INDIA GETS FIRST LOAN FROM NDB

The newly started development bank by the global group BRICS, New Development Bank – NDB has started giving loans. India is among the first four countries to get a loan. The $ 250 million loan will be routed through the Canara Bank for a renewable energy project.

INDIA NOT SAFE FOR JOURNALISTS

a renewable energy project. INDIA NOT SAFE FOR JOURNALISTS A study of 180 countries by the

A study of 180 countries by the Paris-based Reporters

Without Borders to study the functioning of journalists has placed India at a lowly 133 rd place.

It says that media in India continues to be under stress

as the government is "indifferent" to threats against scribes. They are attacked frequently for reports that may not be palatable to particular groups. The 2016 ‘World Press Freedom Index’ is topped by Finland, followed by the Netherlands and Norway.

The index measures media pluralism, independence, the legal framework and the safety of journalists in 180 countries.

MODI NOT IN WORLD TOP 100

RBI Governor Raghuram Rajan, tennis star Sania Mirza, actress Priyanka Chopra and founders of Flipkart Binny Bansal and Sachin Bansal are the Indians that have been named by Time magazine in its list of the '100 Most Influential People in the World'. Surprisingly, Mr Modi does not figure in the list.

President Pranab Mukherjee went on a six-day trip to Papua New Guinea and New Zealand on April 27.

Britain’s Prince William and his wife, Kate Middleton, the Duke and Duchess of Cambridge, visited India on a week’s goodwill tour.

India and France have launched a programme with $1 trillion Potential Solar Programme under the International Solar Alliance (ISA).

India, Afghanistan and Iran have agreed for joint work on development of Chabahar port in Iran.

India and Mauritius have signed an MoU on cooperation in the field of traditional system of medicine and Homoeopathy.

The first ever two day North East-ASEAN (Association of Southeast Asian Nations) Business Summit was inaugurated in Centre in Imphal, Manipur.

3rd Asia Ministerial Conference on the Tiger Conservation was held in New Delhi on April 12.

First National Tribal Carnival held in Delhi from April 29 to May 02, 2016 to showcase and promote various facets of tribal culture on a large scale.

India and South Korea have signed a MoU for cooperation and mutual assistance in port related matters and their developments.

India has signed an agreement with the Islamic Development Bank for a $100 million line of credit to facilitate exports to IDB's member countries.

Govt has released a Commemorative Coin of 200 rupees and a Circulation Coin of 10 rupees to mark the 200 th Martyrdom Day of Tatya Tope, a war hero of 1857 war of Independence.

A statue of Maharaja Ranjit Singh will be installed in France's Saint-Tropez town in September this year. The town is birth place of French General J F Allard who served in the army of Maharaja.

NEWS FROM STATES

JUNE 2016

NAGPUR SIGNS AGREEMENT WITH JINAN

Nagpur and the Chinese city of Jinan (capital of Shandong Province) have signed the agreement of 'sister cities' for the exchange of ideas and technology in the field of education, urban planning, youth affairs, and sports.

Kerala Tourism won four awards at ‘FilmAT’, one of the biggest international film festivals dedicated to tourism, art and ecology, held in Poland.

Andhra Pradesh has become the first State to have obtained a telecom license from the Telecom Ministry. Now the state can issue phone numbers starting with the ‘797’ series from August this year.

Sikkim has become the first state in India to have an open government data portal to facilitate free usage of govt data by general public.

Maharashtra government has decided to celebrate the 21 st of every month as Yoga Day across all schools, colleges and universities in the state.

Odisha has become first state in the country to give social welfare benefits - such as a pension, housing and food grains to transgender people.

Lakshadweep has become first Union Territory in India to assure 24x7 power to its residents.

 

MAY 2016

 

The Uttar Pradesh government has directed all the district magistrates for plantation of 5 crore trees at 6,500 sites in 24 hours on a date fixed in month of July under the ‘Green UP - Clean UP’ programme.

5 STATES ELECT THEIR CHIEF MINISTER

Tamil Nadu: Jayalalitha reelected leading the AIADMK - All India Anna Dravida Munetra Kazhagam.

World’s maiden white tiger safari was opened up at Mukundpur in Satna district of Madhya Pradesh. The first whtite tiger was spotted in MP’s Vindhya region in 1915. It is a rare breed of tiger, found only in India.

West Bengal:

Mamta Banerjee reelected leading the

Trinamool Congress.

Rajasthan has become the first state to pass land title bill to verify land documents with landowners with the state records.

Assam:

Sarbananda Sonowal becomes the first BJP

 

Chief Minister.

To promote the Swachh Bharat Mission, 20 ‘Namma’ toilets were established at different points in Delhi. The mission targets to establish 2.56 lakh public toilets by 2nd October 2017.

Kerala: Pinarayi Vijayan of the CPI (M) led the left democratic front – LDF to become the Chief Minister.

 

Puducherry: V. Narayanasamy of Congress elected as the new Chief Minister.

Bihar has become the fourth state in the country to ban sale and consumption of liquor. The other three states are Mizoram, Nagaland and Gujarat.

The World’s largest Single Rooftop Solar Power Plant with capacity of 11.5 MegaWatt (MW) has been installed at Dera Baba Jaimal Singh of Radha Swamis at Beas, in district Amritsar, Punjab.

Madhya Pradesh Tourism has won the award for the Best Indian Destination for Wildlife. The state has 25 wild life sanctuaries including nine National Parks.

Rajasthan State Transport Corporation has launched 20 Nirbhaya buses with multiple safety measures to better protect women passengers.

The European Investment Bank has agreed to give Euro 450 million (Rs. 3,300 crore) towards constructing a 23-km long Lucknow Metro rail line.

Germany’s Development Bank KfW will provide loan assistance of 3750 crore rupees for the development of metro system for Nagpur city.

Asian Development Bank has approved a project loan of $300 million for upgradation of over 400 km of major district roads in Uttar Pradesh.

GOVERNMENT

 

APRIL 2016

INITIATIVES

HOUSING SCHEME FOR WIDOWS

 
JUNE 2016

JUNE 2016

SMART CITY PROJECT LAUNCHED IN PUNE

Prime Minister Modi formally launched the ‘Smart City Project’ in Pune Maharashtra. Total 69 Smart City projects will be launched in 20 cities with a total investment of about Rs. 1,770 crore. These projects are related to solid waste management, water supply projects, sewage treatment plants, housing projects for urban poor under Pradhan Mantri Awas Yojana.

Jharkhand govt launched the Bhimrao Ambedkar Awas Yojana for construction of houses for widows. The beneficiaries will get Rs 75,000 support for constructing houses in hilly areas and Rs. 70,000 in plain areas.

widows. The beneficiaries will get Rs 75,000 support for constructing houses in hilly areas and Rs.

EDUCATION BAR FOR ULB SEATS

 

Any male person desiring to contest for Urban Local Bodies in Haryana will now have to be matriculate and have a functional toilet at home while a woman and a SC candidate will be required to be at least 8th standard pass. Minimum educational qualification for SC women candidates will be 5th standard pass.

NEW AVIATION POLICY NOTIFIED

NEW AVIATION POLICY NOTIFIED Government has approved the National Civil Aviation Policy 2016, capping fares at

Government has approved the National Civil Aviation Policy 2016, capping fares at Rs 2,500 for one-hour flights and Rs 1200 for flights up to 30 minutes. It also waived the 5/20 norm for new airlines to fly abroad. The 5/20 Rule says that an airline can fly to international destinations only if it has served within the country for five years and has a 20-aircraft fleet.

AADHAAR TO BE LINKED WITH STUDENTS

Government has asked all state governments to link Aadhaar number with caste and domicile certificates of school students studying either in Class V or VIII. This is to ensure that the scholarships to the SC/ST students are granted in time without any harassment.

DLAMC TO MONITOR URBAN DEVELOPMENT

To promote people centric planning, execution and monitoring of new urban development schemes, govt has approved setting up of District Level Advisory and Monitoring Committees with the elected representatives of the people across the country. Senior most MP of the area will head the committee.

‘VIDYANJALI’ TO SUPPORT GOVT SCHOOLS

To boost community participation in government schools, HRD Ministry has launched Vidyanjali scheme inviting volunteers to hold public speaking, storytelling, acting sessions and participate in other co-scholastic activities.

NATIONAL DISASTER MANAGEMENT PLAN

India’s first ever NDM plan, which aims to make the country disaster resilient and reduce loss of lives was released on June 1. The plan is based on the four priority themes of the “Sendai Framework.”

PPF WITHDRAWAL ALLOWED AFTER 5 YEARS

The Finance Ministry has allowed the subscribers of the Public Provident Fund (PPF) to prematurely close their account after completing five years for reasons such as higher education or expenditure towards medical treatment.

THE UNION MINISTRY OF RAILWAYS has launched three passenger service initiatives namely- a Janani Sewa for mothers, optional catering in Rajdhani and Shatabdi trains, and a children’s menu on trains.

DELEGATION POWERS OF MINISTERS HIKED

Making changes in the delegation of financial power rules, 1978, the Finance Ministry has advised that now the Ministers can approve non-plan expenditure proposals of up to Rs. 500 crore as against the earlier limit of Rs. 150 crore. Proposals up to Rs. 75 crore can be approved by the secretary of the administrative ministry or department. Proposals beyond 500 crore and up to 1,000 crore rupees shall be sanctioned jointly with Finance minister. Proposals exceeding 1000 crore will be sanctioned by the Union Cabinet.

‘SURYA MITRA’ APP FOR SOLAR ENERGY

Government has launched a GPS based mobile app named ‘Surya Mitra’ developed by National Institute of Solar Energy to facilitate repair and maintenance of solar equipments, awareness about availability of solar power capacities and other related issues. The app will be supported by the trained ‘Surya Mitras’ to support the users of the app.

IRCTC LAUNCHES ‘TIGER EXPRESS’

Indian Railway Catering and Tourism Corporation – IRCTC launched a special tourist train - Tiger Express to spread awareness among people regarding tiger conservation. It will take

tourists to various Tiger Parks on a six day trip.

will take tourists to various Tiger Parks on a six day trip.  TRAI has launched

TRAI has launched a mobile app for telecom subscribers to register their complaints against pesky calls and SMSs to tighten the noose on telemarketers.

Govt has decided to enhance the age of retirement of all doctors of the Central Health Service to 65 years with immediate effect.

Railway has started India's first timetabled freight train, named ‘Cargo Express’, from Delhi to Bengaluru.

Government has launched a pilot programme to run two-wheelers on Compressed Natural Gas (CNG) in New Delhi to curb air pollution in cities.

The government has exempted PF withdrawals of up to Rs. 50,000 from tax deduction at source.

Government has launched a campaign ‘Swachh Yug’ to make villages located along Ganga free from open defecation by motivating people to achieve this goal.

Govt plans to raise a new Indian Reserve Police Battalion in Rajasthan named after Maharana Pratap, the great Rajput warrior of Mewar region.

Govt has sanctioned Rs. 10,000 crore 'Fund of Funds for Startups' to boost self-employment in the country by supporting the ‘Startup India Action Plan’.

MAY 2016

 

NITI AAYOG TO LAUNCH 15 YEAR PLAN

MULTILINGUAL PORTAL ‘BHARATAVANI’

Govt has decided to replace the five year plans with 15 year vision documents. The NITI Aayog has been directed to prepare a vision document for this purpose. It will be implemented after the 12 th five year plan which is ending in March, 2017.

UNIQUE BUSINESS IDENTIFICATION NUMBER

Ministry of HRD has launched the portal ‘Bharatavani’ -

Ministry of HRD has launched the portal ‘Bharatavani’ -

The Government plans to issue a UBIN for budding entrepreneurs to start up their new businesses without any delay. The number will be issued by the Department of Industrial Policy and Promotion.

the largest online repository of dictionaries in India. It is a single point source for multiple language learning, content and technology in 22 scheduled languages, which eventually will be extended to 100 more languages.

NATIONAL IPR POLICY ANNOUNCED

 

LOK SABHA PASSES BANKRUPTCY BILL

The Lok Sabha has passed the Insolvency and Bankruptcy Code Bill 2016. The bill aims to improve conditions for ‘Ease of Doing Business’. Broadly speaking, Insolvency is a financial situation where a person or business entity is not in a position to repay its debts. When this status is confirmed by courts, it is called Bankruptcy, a legal status.

SINGLE EMERGENCY NUMBER - 112

The govt has approved the National Intellectual Property Rights (IPR) policy with a view to promoting creativity, innovation and entrepreneurship. The policy aims to push IPRs as a marketable financial asset, promote innovation and entrepreneurship.

‘UJJWALA’ TO GIVE LPG TO BPL FAMILIES

Govt has approved the single emergency number ‘112’ to help people access directly emergency services like police, ambulance and fire fighting. The number will be operational throughout India from January 1, 2017.

COMMITTEE FOR TAXI OPERATORS

The Pradhan Mantri Ujjwala Yojana (PMUY) was formally launched by the Prime Minister at Ballia, Uttar Pradesh. The scheme aims to provide cooking gas connections to five crore below-poverty-line beneficiaries over the next three years. The connections will be given in the name of women beneficiary.

UJALA SCHEME LAUNCHED FOR LED BULBS

The Union Government has constituted a committee headed by Sanjay Mitra, Secretary of Union Ministry

The Union Government has constituted a committee headed by Sanjay Mitra, Secretary of Union Ministry of Road Transport & Highways to prepare a policy framework for taxi and other transport operators.

A Parliamentary Standing Committee headed by J C Divakar Reddy, MP has been formed to tackle misleading advertising as well as to fix liability on endorsers/celebrities.

Union Minister of State for Energy and Coal Piyush Goyal formally launched the energy-efficient LED bulbs distribution scheme UJALA (Unnat Jyoti by Affordable LEDs for All) at Bhopal for the state of Madhya Pradesh and Maharashtra. The scheme aims to replace all the conventional bulbs with the LED bulbs for reducing drastically power consumption and emission of carbon gasses.

PORTAL LAUNCHED FOR SCHOOL STUDENTS

The Union Ministry of Human Resource Development (HRD) has decided to launch ASMITA, an online student tracking system for 25 crore students of India from class I to XII. ASMITA is acronym for All School Monitoring Individual Tracing Analysis and shall be launched under Shala Asmita Yojana (SAY).

COMMITTEE TO REVIEW FRBM

Parliament has passed two Bills- The Appropriation Acts (Repeal) Bill 2015 and The Repealing and Amending (Third) Bill, 2015 to repeal outdated 1053 old laws which had become redundant legislations.

The trial run of India's first ever Metro train equipped to run in the driverless mode was conducted in New Delhi on May 18 by the Delhi Metro Rail Corporation.

Govt has constituted a five Member Committee headed by former Revenue and Expenditure Secretary N.K. Singh to comprehensively review and give recommendations on the Fiscal Responsibility and Budget Management (FRBM) road map for the future.

Union Cabinet has approved a national policy on capital goods which aims at creating more than 2 crore new jobs and tripling the production of capital goods to Rs 7.5 lakh crore by 2025.

INDIA’s FIRST SEMI-HIGH SPEED TRAIN The Nizamuddin-Agra Gatimaan Express that started on April 5 is

INDIA’s FIRST SEMI-HIGH SPEED TRAIN

The Nizamuddin-Agra Gatimaan Express that started on April 5 is the first semi-high speed train in India. It will run at a speed of 160 kilometer per hour and is expected to cover the 200 km distance between Delhi and Agra in 100 minutes.

The Department of Empowerment of Persons with Disabilities will now be known as 'Divyangjan' Sashaktikaran Vibhag in Hindi, dropping the word 'viklangjan' from its previous nomenclature.

Govt has constituted the Investor Education and Protection Fund Authority to strengthen the framework for safeguarding the interest of investors.

The Income Tax department has launched an electronic grievance redressal system named ‘e- nivaran’ to fast track taxpayers’ complaints

Government has selected 13 more cities for the smart cities mission. The list is topped by Lucknow. Already 20 cities have been selected for this mission.

Moving towards environment friendly solutions, Prime Minister Modi launched e-rickshaws and solar powered boats in Varanasi.

EPFO has decided to increase benefits under the Employees' Deposit Linked Insurance scheme from Rs 3.60 lakh to Rs 6 lakh.

COMMITTEE FOR DOUBLING OF FARM INCOMES

APRIL 2016

 

Govt has set up a committee headed by Ashok Dalwai, Additional Secretary at the Agriculture Ministry to suggest ways to double farm incomes by 2022. The committee will focus on finding the means for enhancing productivity and reducing costs of cultivation.

STAND-UP INDIA LOAN SCHEME LAUNCHED

PROGRAMME FOR VILLAGE UPLIFTMENT

The ‘Gram Uday Se Bharat Uday Abhiyan’ (Village Self Governance Campaign) was launched on April 14, the 125 th Birth anniversary of Dr. Bhimrao Ambedkar, to strengthen Panchayati Raj in villages, empowerment of women and upliftment of farmers. The campaign concluded on April 24.

25 MINISTRIES JOIN IMPRINT INITIATIVE

25 Ministries and Departments of the Union Government signed a MoU to join IMPacting Research Innovation and Technology (IMPRINT) initiative. It was launched on 5 November 2015 to establish a single window mechanism to shortlist research projects by leading research and technology institutes.

 

Govt has launched the Stand-up India scheme to give a push to financial inclusion programme. Under the scheme, 1.25 lakh bank branches will provide loans up to 1 crore rupees to SC/ST and women entrepreneurs. The scheme will help in creating 2.5 lakh entrepreneurs as every bank branch will be required to provide two such loans ranging from 10 lakh to Rs 1 crore without collateral, for setting up a new enterprise.

3 RD PHASE

OF

‘MISSION

INDRADHANUSH’

'VIDYUT PRAVAH' FOR 24X7 POWER SUPPLY

The Union Health Ministry launched third phase of universal vaccination programme Mission Indradhanush to cover 216 districts across several States including Bihar, Gujarat, Assam, Madhya Pradesh, Maharashtra and Uttar Pradesh. Under the mission, the children are vaccinated against seven preventable diseases.

‘PANIC BUTTON’ MUST FOR MOBILE PHONES

Govt has launched the mobile application 'Vidyut Pravah' to empower common people to demand 24x7

Govt has launched the mobile application 'Vidyut Pravah' to empower common people to demand 24x7 power from the State. The app will provide the highlights of the electricity availability in the country on the real time basis.

In a bid to improve women security, the government has made it mandatory that no mobile can be sold in India without an in-built panic button, starting January 1, 2017. Besides, in-built GPS navigation system would be mandatory for all phones with effect from January 1, 2018.

GOVT LAUNCHES ‘ANMOL’ AND ‘E-RAKTKOSH

GOVT LAUNCHES ‘ANMOL’ AND ‘E-RAKTKOSH Govt has launched a tablet-based application ‘ANMOL’ that allows ANMs

Govt has launched a tablet-based application ‘ANMOL’ that allows ANMs (Auxiliary Nurse Midwife) to enter and update data for the beneficiaries. Another web-based mechanism launched is ‘E- RaktKosh’ that interconnects all the Blood Banks of the State into a single network.

E- MARKET LAUNCHED FOR FARM PRODUCE

To facilitate online trading of commodities in 21 markets from 8 states, an E-National Agriculture Market was launched on April 14, 125th birth anniversary of Dr.

B

R Ambedkar.

The eight states are

Haryana, UP, MP,

Chattisgarh, Gujarat, Karnataka, HP and Telangana.

 

ISBN PORTAL LAUNCHED

The Union HRD Minster Smriti Irani launched a portal for registration and allotment of International Standard Book Number (ISBN) at a function held in New Delhi. The portal will facilitate publishers and authors to register for ISBN online. It is a 13 character identification number allotted by International ISBN Agency based in UK.

INDIA TO JOIN ‘SAWEN’

ISBN Agency based in UK. INDIA TO JOIN ‘SAWEN’ Union cabinet has approved India’s formal membership

Union cabinet has approved India’s formal membership

of the regional group Sawen.

SAWEN (South Asia Wildlife Enforcement Network) is a regional network comprising of eight countries in South

Asia: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka for combating wildlife crime and illegal trade in the region.

I P PORTAL LAUNCHED FOR SMEs

The government has launched a portal ‘The Indian IP Panorama’ which will act as a single window interface for information on intellectual property and provide guidance on leveraging it for competitive advantage. It is a customised version of IP Panorama Multimedia toolkit, developed by World Intellectual Property Organisation (WIPO).

The Indian IP Panorama has 5 modules: (i) Importance of IP for SMEs, (ii) Trademark, (iii) Industrial design, (iv) Invention and Patent and (v) Patent Information.

RULES FOR PREVENTION OF ATROCITIES

Union Government notified the Scheduled Castes (SC) and the Scheduled Tribes (ST) (Prevention of Atrocities (PoA)) Amendment Rules, 2016 to enlarge scope of rules to cover several more violations against SC/ST persons as cognizable offences.

Govt has launched its first online interactive heritage portal Sahapedia to serve as one point resource for collaborative knowledge on the arts, culture and heritage of India.

The Department of Disinvestment has been renamed as Department of Investment and Public Asset Management or 'Dipam' under the Finance Ministry.

Railways to create a 1 lakh crore rupees ‘Rashtriya Rail Sanrakshan Kosh’ to strengthen safety measures on the rail network to prevent accidents.

Govt has launched a Twitter Seva Service, a special Twitter cell to respond to queries from start-ups, exporters and importer, within 48 to 72 hours.

The ‘Beti Bachao Beti Padhao’ programme has been extended to 61more districts with low Child Sex Ratio across 11 States/UTs. Already there in 100 districts.

Govt has decided to increase minimum wages of contract workers to Rs 10,000 taking into consideration the CPI and Dearness Allowance.

Govt plans to construct five lakh ponds under Pradhan Mantri Krishi Sinchai Yojana by next year.

Govt has formed a committee headed by former Home Secretary Madhukar Gupta to suggest ways to improve protection along the Pakistan border.

Union government plans to lay more emphasis on promoting Meetings, Incentives, Conferences and Events (MICE) tourism in India.

Govt has launched a low cost micro solar device, Surya Jyoti, to light up homes without electricity and save millions of units of power.

Govt has issued a new set of income tax return forms that require people with an income of Rs 50 lakh and above per annum to disclose their assets.

ECONOMIC

INDICATORS

JUNE 2016

GDP GROWTH RATE JUMPS TO 7.9%

ECONOMIC INDICATORS JUNE 2016 GDP GROWTH RATE JUMPS TO 7.9% Data released by the Central Statistics

Data released by the Central Statistics Office (CSO) shows that the economy grew at an accelerated pace of 7.9% in the fourth quarter of 2015-16, taking the overall GDP growth to a five-year high of 7.6% for the year ended March 31, 2016. India’s per capita income rose by 7.4% to Rs 93,293 in 2015-16 from Rs 86,879 in 2014-15.

The industrial production as measured by IIP contracted 0.8% in April, dragged down by a sharp plunge in production of capital goods and consumer wares. Growth in the country's 8 core sectors surged to an over four-year high of 8.5 per cent in April mainly due to good growth in refinery products and electricity.

MAY 2016

INDIA POISED TO GROW BY 8%

In its latest Global Economic outlook, Fitch Ratings, USA has said that it expects India's real GDP growth to rise to 8 percent by 2018-19, from 7.9 percent in 2017-18 and 7.7 percent in 2016-17 driven by the gradual implementation of structural reforms, higher disposable income and improvement in economic activity.

UN REPORT PUTS INDIA’S GROWTH AT 7.3%

A UN report ‘The World Economic Situation and Prospect’ says that notwithstanding delays in domestic policy reforms, India’s economy is “slowly gaining momentum” and is projected to grow by 7.3 per cent this year and is expected to achieve a growth of 7.5 per cent in 2017.

IMF KEEPS INDIA’s GROWTH RATE AT 7.5%

The IMF has retained its growth forecast for India at 7.5% for the year 2016-17, largely driven by private consumption even as weak exports and sluggish credit growth weigh on the economy. It said structural reforms, including GST and in areas like land and labour, will be the key to boost India’s economic growth.

Global rating agency, Moody's has forecast a growth rate of about 7.5 percent for the Indian economy in 2016 and 2017, driven largely by private consumption growth.

APRIL 2016

RBI MAINTAINS GROWTH RATE AT 7.6%

The Reserve Bank in its first policy review of the year expects the economy to grow by 7.6 per cent in the current fiscal on the back of favourable monsoon, slightly lower than the upper end of government’s projected rate of 7-7.75 per cent.

ADB PUTS INDIA’s GROWTH AT 7.6 %

With the failure of the government to push through the Goods and Services Tax and the Land and Labour Reforms, the Asian Development Bank has lowered India’s growth forecast to 7.4 per cent from an earlier estimate of 7.6 per cent for the financial year ending March 31, 2017.

“NO BPL POPULATION BY 2032” - KANT

In a presentation made by Niti Aayog Chief Executive Officer Amitabh Kant, it was stated that India will achieve growth of 10% by 2032 to become a $10-trillion economy, creating 175 million jobs and leading to zero per cent of Below Poverty Line (BPL) population.

ECONOMY & INDUSTRY

JUNE 2016

MSP HIKED FOR KHARIF CROPS

On the recommendations of Commission for Agricultural Costs and Prices (CACP), government has hiked the minimum support price (MSP) of pulses by up to Rs 425 per quintal for the coming season 2016-17, effective from Oct 1, 2016.

Crop

Rs/qtl

hike

Paddy–common

1470

60

Paddy–grade A

1510

60

Jowar

1625

55

Bajra

1330

55

Maize

1365

40

Tuar daal

5050

425

Moong daal

5225

375

Urad

5000

375

Groundnut

4220

190

Sunflower

3950

150

Sesamum

5000

300

Cotton

3860

60

The MSP is the assured rate at which the government buys the grain from farmers. Paddy is the main crop grown in the kharif (summer) season.

NEW AVENUES FOR 100% FDI

 

The Japan International Cooperation Agency has granted a loan of Rs. 1,548 crore to Tamil Nadu for improving the quality of urban healthcare services.

Work has started on the 'Jal Marg Vikas' (National Waterway-1) for developing a 1620 km waterway between Allahabad and Haldia in West Bengal.

With an aim to give impetus to job creation and ease of doing business in the country, Government has approved 100 per cent FDI in Aviation, Defence and e- commerce sectors under the government approval route.

RAJASVA GYAN SANGAM HELD IN DELHI

 

Railways have started a new weekly train from Kamakhya (Seat of Black Magic), Assam to Vaishno Devi Katra (J&K), linking the prominent pilgrimage centers.

The Nuclear Power Corporation of India and the US firm Westinghouse have agreed to begin engineering work for six nuclear power plant reactors in India.

A high level summit of the top brass of the two revenue collection arms of the government—CBDT and CBEC was held in New Delhi by the name ‘Rajasva Gyan Sangam’. Addressing the summit, Prime Minster Modi appealed the officers to widen the tax payers base to 10 crore.

India has surpassed Japan to become the world’s

WORLD BANK FUNDING FOR CITY TRANSPORT

The World Bank has agreed to provide a $ 9.2 million grant for financing the Efficient and Sustainable City Bus Service Project in selected Indian cities like Chandigarh, Jaipur and Mira Bhayandar in Thane, Maharashtra.

third-largest oil consumer, consuming 4.1 million bpd in 2015, after USA and China. Bpd= barrels per day

To promote and facilitate South Korean Investments in India, the two countries have launched a joint forum named ‘Korea Plus’.

MAY 2016

PURCHASES OF OVER 2 LAKH TO ATTRACT TCS

 

Payment in cash for buying goods and services worth more than Rs 2 lakh with the exception of jewellery will attract 1 per cent tax collected at source (TCS) wef June 1. In case of jewellery, the cut off is at Rs 5 lakh and over Rs 2 lakh for bullion.

WB LOAN FOR ROOFTOP SOLAR POWER

The World Bank has approved $625 million loan to India to support the rooftop solar power generation across the country. The project will be implemented through the State Bank of India, which will on-lend the funds to solar photovoltaic developers and end-users.

SERVICES TO COST MORE WEF JUNE 1

 

The Krishi Kalyan Cess of 0.5 per cent on the service tax, announced by Finance Minister in the current budget, became effective from June 1. The consumers will now have to pay an extra 50 paise per Rs 100 or Rs 5 per Rs 1,000 spent on any taxable item like various utility bills, parlours, restaurants, AC rail tickets, etc.

FSSAI BANS USE OF POTASSIUM BROMATE

After the alert raised by the Centre for Science and Environment (CSE) that 84 per cent of the 38 popular brands of breads contained cancer-causing chemicals, the Food Safety and Standards Association of India (FSSAI) has recommended banning Potassium Bromate as a food additive.

TRIAL RUN OF HIGH SPEED TALGO TRAIN

 

PRESIDENT HONOURS EXPORTERS

Trial of the lighter and faster Spanish train Talgo, with speed up to 115 km per hour, was conducted between Bareilly and Moradabad in Uttar Pradesh as part of the Railways' strategy to increase the speed of trains.

President Pranab Mukherjee presented Niryat Shree and Niryat Bandhu Awards in New Delhi to honour exporters for their excellent business achievements. Both Awards were instituted by the Federation of Indian

LOANS GRANTED BY ASIAN DEVELOPMENT BANK

Export Organization (FIEO) in the year 1995-96 with the aim to motivate exporters.

Export Organization (FIEO) in the year 1995-96 with the aim to motivate exporters.

Loan

amount

Granted to

 

Purpose

 

(in $

 

million)

120

Odisha

to

improve

irrigation

and

water

management infrastructure

100

Tamil

to strengthen and improve water management in the Vennar sub- basin of Cauvery Delta

Nadu

200

Jharkhand

to upgrade 176-kms of rural roads

500

Bihar

to

build

a

9.8

km

long

bridge

(longest in

India)

across the

Ganges River

 

INDIA RANKS 9 TH IN ‘CRONY CAPITALISM’

INDIA RANKS 9 TH IN ‘CRONY CAPITALISM’ A study by the leading financial magazine, The Economist

A study by the leading financial magazine, The

Economist shows that in terms of ‘crony capitalism’, India is ranked at ninth position with crony sector wealth accounting for 3.4 per cent of the GDP. Russia tops the list where wealth from the country's crony sectors amounts to 18 per cent of its GDP.

Crony capitalism is a kind of economy where success in business depends on close relationships

Crony capitalism is a kind of economy where success in business depends on close relationships between business people and government officials as the later shower

favours on the selected few corporates.

relationships between business people and government officials as the later shower favours on the selected few

‘DHAN WAPSI’ SCHEME wef JUNE 1

The govt has announced The Income Declaration Scheme, 2016 – ‘Dhan Wapsi’, an amnesty scheme for

declaring domestic black money, from June 1 till Sep 30. Individuals willing to declare their black money in the country will have to pay tax and a penalty, totalling 45

per cent.

INCOME TAX DATA MADE PUBLIC

In a landmark development towards greater transparency, the income tax department has released

its key data, though after a lapse of 16 years. Taxpayers

account for just about one per cent of India's population. Total income tax collections in 2015-16 were 2.86 lakh

crore rupees.

NEW DTAA SIGNED WITH MAURITIUS

India and Mauritius have signed a protocol amending

the double tax avoidance arrangement between the two

countries. Now India gets the right to tax capital gains

on investments routed through Mauritius, from April 1,

2017.

MMTC has launched in collaboration with Swiss gold company Pamp, a new gold coin ‘Tola’ of 11.6639 grams on the occasion of ‘Akshya Tritya’, May 9.

World Bank has agreed to provide $ 100 million loan to support ‘Karnataka Urban Water Supply Modernization project’.

The Tata Group has made a foray into the e- commerce market through TataCLiQ.com to sell apparel, electronics and footwear, etc.

India and Slovenia have signed a protocol to amend the double taxation avoidance agreement (DTAA) to include exchange of information to curb tax evasion.

Union cabinet has approved Rs.1,983 crore package for widening of the 19-km stretch between Delhi- Uttar Pradesh border of the Delhi-Meerut Expressway.

APRIL 2016

COMPANIES TO OBSERVE IFRS NORMS

Companies with a net worth of Rs 500 crore or more will have to follow new Indian Accounting Standards (Ind AS) from April 1. The new standards have been converged with the globally followed International Financial Reporting Standards - IFRS.

BLACKSTONE ENTERS INDIA

In one of the largest private equity deals in the IT industry, Blackstone, the New York based MNC in investment and financial services has signed a deal to buy 60.5 per cent stake in Mphasis, a Bengaluru based IT services major.

INDIA TOPS IN INWARD REMITTANCES

based IT services major. INDIA TOPS IN INWARD REMITTANCES As per a recent World Bank report,

As per a recent World Bank report, India remained the world's largest remittance recipient in 2015 despite experiencing a one billion US dollar drop from the previous year, attracting $69 billion, followed by China at $64 billion.

India has offered to invest up to $20 billion in new petrochemicals, fertiliser and liquefied natural gas (LNG) facilities in Iran and sought land and cheaper natural gas for this.

The Shan-E-Punjab Express, country’s first train with CCTV cameras in all coaches, for safety of passengers, started from Delhi for Amritsar.

The Mahanadi Coalfields Ltd. has become the number one coal producer in the country by producing a record 137.90 million tonne of coal in 2015-16.

The East Coast Railway has become the largest Freight Loading Railway Zone in 2015-16 with handling of 173.49 million tonnes of freight.

The National Stock Exchange (NSE) has launched a new index Nifty Mid Smallcap 400 representing 150 midcap and 250 small cap companies.

Govt. has extended safeguard duty of 20 per cent on steel imports till March 2018 to protect Indian industry from cheap China steel

BANKING & FINANCE

The merged entity will create a banking behemoth, which can compete with the largest in the world with an asset base of almost Rs 37 trillion, 22,500 branches and 58,000 ATMs as on December 2015.

 

JUNE 2016

 

AXIS BANK LAUNCHED ‘GREEN BONDS’

CABINET NOD FOR INDIA POST BANK

The Union Cabinet has given its approval for setting up the India Post Payments Bank (IPPB) as a Public Ltd Company under the Department of Posts. Bank’s 100% equity will be held by the Government of India. The Bank is likely to get license from RBI by March 2017 and plans to operationalise 650 branches by September 2017.

Axis Bank raised $500 million at the London Stock Exchange after it launched India’s first internationally- listed certified green bond to finance climate change solutions around the world. Green bonds are the one where funds raised are used exclusively for renewable energy projects or some other clean energy project.

RBI AIMS AT ‘LESS-CASH’ INDIA

Latest RBI data shows that banking transactions through mobile apps have increased seven-fold in three years, between 2013 and 2016.

RBI plans to put into circulation Rs.10 coins bearing the portrait of Swami Chinmayananda to commemorate his birth centenary.

of Swami Chinmayananda to commemorate his birth centenary. MAY 2016 BANKS ASKED TO SHIFT TO EVM

MAY 2016

BANKS ASKED TO SHIFT TO EVM CARDS

RBI has released the ‘Payment and Settlement Systems in India: Vision-2018’ that aims at building best of class payment and settlement systems for a ‘less-cash’ India and ensuring access of mobile banking services to even basic phone users. The document focuses on 5 Cs - coverage, convenience, confidence, convergence and cost.

SCHEME FOR HIGH VALUE BAD LOANS

The Reserve Bank of India has instructed banks to shift from magnetic stripe based ATM and debit cards to EMV chip and Pin based cards to ensure protection of cards from cloning, skimming and other forms of frauds which can happen on a magnetic strip.

WILFUL DEFAULTERS OWE Rs. 66,190 CRORE

As per a written statement made in Rajya Sabha by Union Minister of state for Finance, there were 7,686 wilful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015. The cumulative gross NPAs of 24 listed public sector banks, including SBI group, stood at Rs.3,93,035 crore as on 31 December 2015. As per RBI, an asset becomes non-performing when it ceases to generate income for the bank or the repayment due is delayed for more than 90 days.

INDIA’s FIRST ‘MOBILE ONLY’ BANK

RBI has announced the Scheme for Sustainable Structuring of Stressed Assets, S4A, to handle the high value bad loans. Under the scheme, a portion of the debt will be converted into equity under supervision of Indian Banks Association. The scheme will be applicable to those projects which have started commercial operations and have outstanding loan of over 500 crore rupees.

NRIs ALLOWED TO OPEN NPS ACCOUNTS

NRIs ALLOWED TO OPEN NPS ACCOUNTS

Government has allowed non resident Indians (NRIs) to open National Pension Scheme (NPS) accounts online if they have Aadhaar Card or PAN card. Till now, NRIs could open NPS accounts only through paper applications by approaching Bank offices.

SBI TO MERGE ASSOCIATE BANKS

The Union Cabinet has approved the merger of State Bank of India (SBI) and its five subsidiaries — State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.

The DBS, Singapore's largest bank, has launched India’s first mobile only bank named ‘digibank’. It uses technologies such as bio metrics and artificial intelligence, to enable paperless, signature less and branch less banking.

NEW DEVELOPMENT BANK SELECTS ICICI

The ICICI bank has become the first financial institution in the country to be selected by the BRICS’s New Development Bank to explore opportunities around bond issuance, co-financing, treasury management and human resources in India.

APRIL 2016

REPO RATE LOWERED TO 6.50%

The RBI announced a 25 basis cut in its policy interest rate on April 5, lowering it to more than five-year low. The new repo rate now stands at 6.50 per cent. However, the reverse repo rate has been hiked by 25 basis points to 6 per cent. The new Marginal Standing Facility and Bank Rate stand at 7.00 percent.

BANKS ADOPT MCLR FOR LOWER RATES

Short-term working capital loans are set to get cheaper as banks start adopting the marginal cost of funds-based lending rate (MCLR) from 1 April. The new framework requires banks to set rates based on their marginal cost of funds rather than their average cost of funds. MCLR is expected to improve transmission of policy rate cuts to bank loan rates.

INDIA’s FIRST PAYMENTS BANK

Airtel M Commerce Services Limited (AMSL), a subsidiary of Bharti Airtel (Airtel) has been granted the India’s first payments bank license by RBI. The company already offers mobile money services under the brand name ‘Airtel Money’.

Union Bank of India has launched e-SBTR (Electronic Secured Bank Treasury Receipt), a single window facility for payment of both - stamp duty and registration fee for home purchase in Maharashtra

Saudi Arabia based Islamic Development Bank has announced to open its first branch in India at Ahmadabad, Gujarat to offer interest free banking services as per the Muslim law – Shariat.

UK based banking giant, HSBC Holding Plc has

decided to close its 24 branches in India, out of total

50.

The RBI has released ‘Draft Guidelines for on tap Licensing of Universal Banks in the Private Sector’ to receive comments / suggestions from the public.

A commemorative coin of 100 rupees and a circulation coin of ten rupees have been released on the 475 th birth anniversary of Maharana Pratap.

ten rupees have been released on the 475 th birth anniversary of Maharana Pratap. GENERAL AWARENESS

DEFENCE, SCIENCE & TECHNOLOGY

JUNE 2016

FIRST WOMEN FIGHTER JET PILOTS

& TECHNOLOGY JUNE 2016 FIRST WOMEN FIGHTER JET PILOTS The Indian Air Force crossed another milestone

The Indian Air Force crossed another milestone on June 18 when for the first time three women fighter jet pilots - Bhawana Kanth, Avani Chaturvedi and Mohana Singh - were commissioned in the operations in Air Force.

DEAL OKAYED FOR 145 ARTILLERY GUNS

Ministry of Defence has approved the purchase of 145 artillery guns meant especially for deployment in the Himalayas by the upcoming Mountain Strike Corps of the Indian Army. The 155 MM, M777 ultra light howitzer (ULH) will be supplied by The BAE systems of USA and will be assembled in India in collaboration with Mahindra Defence Systems.

BRAHMOS INTEGRATED WITH SUKHOI-30

BrahMos Aerospace successfully tested the integration of the supersonic cruise missile system BRAHMOS on the supersonic fighter aircraft Sukhoi-30. This is for the first time in the world that a supersonic cruise missile has been integrated with a supersonic fighter aircraft.

Hindustan Turbo Trainer-40 (HTT-40), the two- seater basic trainer aircraft designed and developed by the Hindustan Aeronautics Limited made its inaugural flight successfully.

It will be used for the first-stage training for all flying cadets of the three services.

Govt has taken a considered decision to allow export of 'Akaash' missile systems to 'certain' countries that have friendly relationship with India.

Exercise Desert Eagle II was held between Indian Air Force and United Arab Emirates Air Force in Abu Dhabi in last week of May.

India has joined The Hague Code of Conduct against Ballistic Missile Proliferation, a voluntary legally non- binding multilateral body in Vienna, for preventing the spread of ballistic missiles.

A joint military exercise named ‘Malabar’ was held between the naval forces of India, Japan and the US off the Okinawa coast in Japan.

The North Atlantic Treaty Organization members and partners launched their biggest ever joint military exercise in Poland, named Anaconda-16 Exercise.

Shangri-La Dialogue, Asia’s largest annual security meet held in Singapore to discuss the security issues in the Asia-Pacific region.

ISRO LAUNCHES RECORD 20 SATELLITES

The Indian Space Research Organisation (ISRO) created a record on June 22 by launching 20 satellites in one go, including 17 foreign ones, using its flagship rocket Polar Satellite Launch Vehicle (PSLV) C34 from the Satish Dhawan Space Centre in Andhra Pradesh’s Sriharikotta.

NEW RICE VARIETIES DEVLOPED

Researchers at Assam Agricultural University have developed two rice varieties, namely Ranjit Sub-1 and Bahadur Sub-1 that can be grown successfully even in submerged conditions that are frequent in Assam due to common flash floods.

CHINA HAS WORLD’s FASTEST COMPUTER

Chinese supercomputer Sunway TaihuLight has been declared as the world’s fastest supercomputer, achieving a speed of up to 93 petaflop/second. The selection was made by the International Supercomputing Conference held in Frankfurt, Germany.

MICROSOFT TO ACQUIRE ‘LINKEDIN’

In one of the largest acquisitions in the social media space, Microsoft has announced to acquire professional networking website LinkedIn for $26.2 billion. LinkedIn with its over 430 million users will retain its distinct brand, culture and independence.

over 430 million users will retain its distinct brand, culture and independence. GENERAL AWARENESS – AUGUST

FIRST ANIMAL TO BE DECLARED ‘EXTINCT’

FIRST ANIMAL TO BE DECLARED ‘EXTINCT’ A small rodent (rat) named the Bramble Cay Melomys found

A small rodent (rat) named the Bramble Cay

Melomys found only on a single island off Australia

is the world's first mammal to be declared as extinct

as none of them has been sighted by the locals after

2009.

Main reason for this is the abnormal rise in sea level due to global warming, submerging parts of Bramble Cay Island

China launched its 23 rd satellite to support its global navigation and positioning network- BeiDou Navigation Satellite System.

Google has tied up with Tata Trusts to launch ‘Internet Saathi’ programme to empower rural women by enabling them to use Internet in their daily lives.

Russia launched the world’s biggest nuclear icebreaker ship 22220 Arktika. It has a two-reactor power unit of 175 MW with a displacement of 33,540 tonnes.

US scientists team has created the world's first microchip that has 1,000 processors and is thought to be the fastest chip designed in a university lab.

Asia’s largest technology trade show COMPUTEX started in Taipei, capital of Taiwan on May 31. More than 1,600 companies from 30 countries took part.

MAY 2016

NAVAL EXERCISE WITH ASEAN FORCES

The ADMM-Plus (ASEAN Defence Ministers’ Meeting Plus) Exercise on Maritime Security and Counter Terrorism (Ex MS & CT) was held in Brunei. The nine day naval exercise aims to strengthen the strong bilateral ties and extensive maritime interactions between India and ASEAN countries.

INDIA TEST FIRES ANTI-BALLASTIC MISSILE

India successfully test-fired its indigenously developed supersonic interceptor missile, capable of destroying any incoming hostile ballistic missile. The Advance Air Defence (AAD) missile dubbed as Ashwin was fired from the Adbul Kalam Island (formerly known as Wheeler Island), off the Odisha coast.

IAF LAUNCHES E-MAINTENANCE SYSTEM

Indian Air Force launched an Electronic Maintenance Management System (e-MMS), one of the biggest automated military maintenance systems in the world, at the Air Force Station in Pune. The system would seamlessly connect all the squadrons, wings, commands with the Air Headquarters, after its implementation.

PRITHVI II MISSILE TESTED BY DRDO

India successfully test fired its indigenously developed nuclear weapon capable Prithvi-II missile from the Abdul Kalam Island, off Odisha coast. It has a strike range of 350 kilometer.

NAVY SAYS GOOD BYE TO ‘SEA HARRIERS’

of 350 kilometer. NAVY SAYS GOOD BYE TO ‘SEA HARRIERS’ The Indian Naval Air Squadron 300-

The Indian Naval Air Squadron 300- ‘White Tigers,’ bid farewell to the British Sea Harriers fighter aircrafts on May 11. They will be replaced by the new generation MiG 29K/Kub fighters. Sea Harriers joined the Indian Navy in 1983.

Air Chief Marshal Arup Raha became the first Chief of Air Staff to fly the indigenously designed and produced Light Combat Aircraft Tejas in Bengaluru.

Indian Army conducted its major military training exercise ‘Chakravyuh-II’ in Suratgarh, Rajasthan.

INS Kalvari (sea tiger shark), the first of the six indigenous Scorpene-class submarines set out for sea trials off the Mumbai coast.

India signed 4 MoUs for cooperation in defence sector with Oman in Muscat.

The indigenously built Offshore Petrol Vessel ICGS Shaurya joined the Indian Coast guard at Vasco, Goa. ICGS = Indian Coast Guard Ship

Indigenously

Arush

built

Fast

Patrol

Vessel

ICGS

joined the Indian Coast Guard at Cochi, Kerala.

The 27 th edition of the India-Indonesian CORPAT (Coordinated Patrol) between their navies was held off the coast of Belawan, Indonesia.

India’s first indigenously built fast attack waterjet craft INS Tarmugli was inducted in Indian Navy at Visakhapatnam.

The Indian Navy has decided to decommission two of its warships – INS Veer and INS Nipat.

ISRO TESTS RE-USABLE LAUNCH VEHICLE

ISRO TESTS RE-USABLE LAUNCH VEHICLE India successfully tested its first-ever indigenously built space shuttle - the

India successfully tested its first-ever indigenously built space shuttle - the Re-Usable Launch Vehicle - Technology Demonstrator or RLV-TD on May 23 from Sriharikota in Andhra Pradesh. Re-usable technology aims to help reduce the cost of launching satellites by 10 times.

WHO TO PROMOTE ‘AYUSH’

India and the World Health Organization have signed an agreement in Geneva for cooperation in promoting quality, safety and effectiveness of service provision in traditional Indian systems of medicine, called AYUSH.

GOOGLE CHROME IS TOP BROWSER

As per a global market research, Google Chrome, claiming 41.7 per cent of desktop browser share has become the top Internet browser, ending the long reign of Microsoft Internet Explorer. Mozilla’s Firefox browser stands at third place.

In the first global assessment of the world's flora by the Royal Botanic Gardens, Kew (London), it is estimated that there are about 390,900 plants.

In a rare astronomical phenomenon, planet Mercury was seen as a moving dot on the solar disc, from various places of India, on May 9.

University of Cambridge researchers have built the world's smallest working engine. The device, powered by light, is just millionths of a millimeter in size.

China successfully launched its remote sensing satellite ‘Yaogan-30’ into space atop a Long March 2D rocket from the Jiuquan Satellite Launch Center.

APRIL 2016

ARMY RAISES NEW ‘GORKHA BATTALION’

The Army has raised a new Gorkha battalion comprising entirely of Gorkha troops of Indian domicile. The new battalion, the Sixth Battalion of the First Gorkha Rifles (6/1GR), christened “Kanchi Paltan”, has been raised at Sabathu in the Shivalik foothills near Shimla, that houses the 14 Gorkha Training Centre.

DEAL FINALISED FOR 36 RAFALE JETS

India has finalised the deal to purchase 36 Rafale fighter jets from Dassault Aviation of France for 7.89 billion euros (Rs. 59,000 crore). The Indian team managed to bring down the deal price by 11 billion euros. The first set of jets would be delivered within 18 to 20 months.

K-4 MISSILE TESTED SUCCESSFULLY

India has successfully tested its most ambitious weapon system - a long range submarine-launched ballistic missile, codenamed K-4, capable of striking targets upto 3,500 kilometres away. The missile was tested 40 kms off the Vishakhapatnam coast.

INDIA MAKES FIRST SONAR DOME

India’s first indigenous composite sonar dome, a ship’s underwater eyes and ears, was launched at Goa. Designed and produced by DRDO, it is a rare achievement as very few companies in the world have technology to make sonar domes.

INDIA 4 TH IN DEFENCE SPENDING

India has become the world’s fourth largest spender on defence, following a 13.1% increase in its 2016-17 defence budget of Rs. 2,58,000 crore, according to US research firm IHS Inc. USA is the largest spender in the world, followed by China and Saudi Arabia.

INDIA – US TO SHARE MILITARY LOGISTICS

To counter the growing maritime assertiveness of China, India and the United States have ‘agreed in principle’ to share their military logistics.

IAF TO TAKE PART IN NATO EXCERCISE

12 IAF aircrafts will take part in the prestigious 'Red Flag' air exercise alongside NATO forces from April 28 to May 13 in skies over Alaska. It is seen as a complex and advanced network centric operation -- the toughest test for flying machines and men.

network centric operation -- the toughest test for flying machines and men. GENERAL AWARENESS – AUGUST

ICGS Shoor, an offshore patrol vessel was inducted in the Indian Coast Guard at it Mangalore base.

The 11 th Indo-Mongolia joint army training exercise, titled ‘Nomadic Elephant - 2016’ commenced on 25 April in Mongolia to share skills for handling Counter Insurgency and Counter Terrorism events.

The 22 nd Indo-Thai Coordinated Patrol (CORPAT) was held from 19-27 April in the Andaman Sea. Missile Corvette INS Karmuk and Dornier Maritime Patrol Aircraft took part in this exercise.

The Indian Army conducted its major war exercise named ‘Shatrujeet’ (winning the enemy) in the Thar Desert of Rajasthan.

SUPERCOMPUTER ‘PARAM KANCHENJUNGA’

Desert of Rajasthan. SUPERCOMPUTER ‘PARAM KANCHENJUNGA’ The National Institute of Technology (NIT) Sikkim has

The National Institute of Technology (NIT) Sikkim has secured a rare distinction of having a supercomputer named ‘Param Kanchenjunga’, which is said to be the most powerful and fastest among all the 31 NITs.

LIGHTEST EVER SYNTHETIC MATERIAL

Scientists at the Vikram Sarabhai Space Centre (of ISRO), Thiruvananthapuram, have developed the world's lightest ever synthetic material called ‘silica aerogel’ or ‘blue air’ or ‘frozen smoke’. It has an excellent thermal resistance and if used as filler in uniforms, it can save many lives at the Siachen Glacier.

INDIA GETS ASIA's BIGGEST TELESCOPE

Asia's biggest telescope has been launched in India. Built by the Aryabhatta Research Institute of Observational Sciences (ARIES) with the assistance of Belgium, the telescope is located at a height of 2,500 metres at Devasthal in Nainital district.

The Airports Authority of India has signed an MoU with ISRO to provide scientific parameters for construction of airports across the country.

India and the USA have signed an agreement for a new Laser Interferometer Gravitational-Wave Observatory (LIGO) project in India.

INTERNATIONAL

JUNE 2016

BRITAIN VOTES TO LEAVE EUROPEAN UNION

In the referendum held on June 23 in Britain to decide whether Britain should remain with European Union or leave it, British people voted to leave the European Union to take greater control of its economy and its borders, shattering the stability of the continental unity forged after World War II.

The ‘Leave’ side secured 51.9 per cent votes as against 48.1 per cent vote for ‘Remain’.

Prime Minister David Cameron, a passionate supporter of ‘remain’ announced that as a measure of respect for the “will of the people” he would be stepping down as prime minister in October.

ICELAND IS THE MOST PEACEFUL COUNTRY

In a ranking of 163 countries in the Global Peace Index

compiled by Institute for Economics and Peace, Syria has been named as the least peaceful country, followed by South Sudan, Iraq, Afghanistan and Somalia. On the other hand, Iceland was ranked as the world’s most peaceful country, followed by Denmark and Austria.

India ranks a low at 141.

SWISS REJECT FREE INCOME

In a referendum held in Switzerland, 77 per cent Swiss

voters overwhelmingly rejected a proposal to introduce

a guaranteed basic income for all. The proposal had

called for adults to be paid an unconditional monthly

income, whether they worked or not.

SWEDEN IS THE BEST COUNTRY

whether they worked or not. SWEDEN IS THE BEST COUNTRY According to the 'Good Country' Index

According to the 'Good Country' Index 2015 which surveyed 163 countries to measure how countries contribute to the global good, Sweden is the world’s best country, followed by Denmark and Netherlands. India was placed at 70 th spot.

WORLD’s LONGEST RAIL TUNNEL

The world’s longest rail tunnel, Gotthard Base Tunnel, 57 kms long under the Alps Mountain in Switzerland, was opened on June 1 for running of trains. Set of two tunnels, it is also the deepest train tunnel of world,

going up to 2300 mts below the surface. It will reduce

the train journey from Zurich (Switzerland) to Milan in

northern Italy down to two hours and 40 minutes,

roughly an hour less than it currently takes.

STRAY SHOOTING KILLS 50 IN USA

less than it currently takes. STRAY SHOOTING KILLS 50 IN USA A gunman armed with an

A

gunman armed with an assault rifle killed 50 persons

at

a packed gay nightclub in Orlando, Florida, USA in one

of

the worst mass shootings in the US history. The

shooter, identified as Omar S Mateen (29), was killed by

the police on the spot.

AIIB APPROVES FIRST GLOBAL LOANS

Bangladesh has become one of the first countries to get

a loan from the China-led Asian Infrastructure

Investment Bank. The country will get $165 million for a power distribution system upgrade and expansion project. The other three borrowers are Pakistan, Indonesia and Tajikistan.

PAK TOPS IN MALWARE THREATS

Malware Infection Index 2016 released by the Microsoft Asia to identify the key malware threats in Asia Pacific region has revealed Pakistan as the location with the highest malware encounters followed by Indonesia, Bangladesh. India stands at no. 8 in region.

World Health Organisation has recognised Thailand, Armenia, Belarus and Moldova for eliminating mother-to-child transmission of HIV and Syphilis.

The Forbes “100 Most Powerful Women” in the world list 2016, topped by German Chancellor Angela Merkel, includes SBI Chief Arundhati Bhattacharya at 25 th rank.

The World Bank has slashed its 2016 growth forecast for the world by 0.5 per cent to 2.4 per cent, citing disappointing growth in major emerging market economies including China and Brazil.

Global aircraft company Airbus has unveiled the world's first 3D-printed aircraft THOR - Test of High- tech Objectives in Reality.

The World Health Organization on June 01 has declared the end of Ebola virus transmission in Guinea, one of the three West African countries hardest hit by the epidemic in 2014.

Norway has become the first country in world to prohibit deforestation of rain forest to preserve the balance of ecosystem.

Colombia signed a historical ceasefire agreement with the guerrilla organization FARC to put an end to more than 50 years of bloodshed. FARC: The Revolutionary Armed Forces of Colombia

MAY 2016

KENYA DESTROYS HUGE STOCK OF IVORY

In one of the largest stockpile of elephant tusks (ivory) destroyed in Africa, Kenya's president set fire to 105 tonnes of elephant ivory and more than one tonne of rhino horn, seized from smugglers and poachers. The ivory is reported to be worth over $150 million in the open market and the rhino horn could raise as much as $80 million.

WB LAUNCHES EMERGENCY FUND FOR ZIKA

World Bank Group has launched the Pandemic Emergency Financing Facility (PEF) to protect and support poorest countries against deadly pandemics like Ebola, Zika. The PEF will ensure fast disbursement of global financing.

ROYAL CAMPAIGN FOR MENTAL HEALTH

of global financing. ROYAL CAMPAIGN FOR MENTAL HEALTH British Royals Prince William, Princess Kate and Prince

British Royals Prince William, Princess Kate and Prince Harry launched the ‘Heads Together’ campaign in London to spread and promote public awareness about mental health and wellbeing.

Heads of state from G-7 nations, USA, Britain, France, Germany, Italy, Canada and host Japan held their meet in the Japanese city of Ise Shima.

Finance ministers and central bank governors meet of G-7 nations held in Sendai, Japan.

A two day International Buddhist conference was held at the birth place of Lord Buddha, Lumbini, Nepal to celebrate his 2,560 th birth anniversary.

The first-ever World Humanitarian Summit was held in Istanbul from 23 to 24th May.

The First World Conference on Tourism for Development was held in Beijing from May 18-21.

Harmony of the Seas, world’s biggest-ever cruise ship, capable of accommodating more than 8,000 passengers and crew in the most luxurious conditions, was unveiled in France.

USA decided to fully lift its embargo on sales of lethal weapons to its one-time arch enemy, Vietnam, after a gap of over 32 years.

Kenya to close World's biggest refugee camp in Dadaab, citing threat to internal security. About 3,28,000 refugees, mostly from Somalia are staying in this camp.

USA has approved selection of animal ‘Bison’ as the first national mammal of the country. This is in addition to the present national symbol - Bald Eagle’.

The European Central Bank (ECB) has decided to stop printing of the 500 euro banknote by the end of 2018 with a view to curb illicit activities. It is one of the highest value (Rs 380,000 roughly) circulating banknotes in the world.

The International Bank Note Society has declared New Zealand’s five-dollar note as the Banknote of the Year for 2015 in a study of 40 notes from 20 countries.

APRIL 2016

WORLD’s WHO’s WHO IN PANAMA LEAK

countries. APRIL 2016 WORLD’s WHO’s WHO IN PANAMA LEAK A massive leak of 11.5 million documents

A massive leak of 11.5 million documents from a law firm in Panama reveals how the world's current rich people, politicians and celebrities hide their money in Panama. The documents, dubbed the Panama Papers, were obtained by a Munich-based daily newspaper. The names figuring in the leak included aides to Russian President Vladimir Putin, Malaysian Prime Minister Najib Razak's son Nazifuddin, family of Chinese President Xi Jinping, Amitabh Bachchan.

USA TOPS IN ICT USAGE

A study of 50 nations by Chinese IT giant Huawei for investment and deployment of Information and Communications Technology (ICT) has placed USA at top, followed by Singapore, Sweden. Huawei Global Connectivity Index 2016 places India at 44 th rank.

SAN JOSE - THE MOST FUTURE READY CITY

India at 44 th rank. SAN JOSE - THE MOST FUTURE READY CITY In a study

In a study of 50 cities conducted by the IT firm Dell - ‘Future-Ready Economies Model’, city of San Jose in California, USA has been placed at top, followed by San Francisco, Singapore. From India, Delhi ranks at 44 th place.

AUSTRALIA SUFFERS LOSS IN REEF TOURISM

Australian scientists have reported that over 90 per cent of the Great Barrier Reef has been affected by mass bleaching that is likely to destroy half the coral. Reef tourism generates around $4 billion every year for Australia. Bleaching occurs when the water is too warm, forcing coral to expel living algae and causing it to calcify and turn white.

IMF & WB TO WORK FOR TAX IMPROVEMENT

The International Monetary Fund and the World Bank have joined hands with the United Nations and the Organization for Economic Cooperation and Development, to form a new group which will work for building effective tax systems in developing countries and avoiding tax base erosion.

WTO LOWERS TRADE GROWTH TO 2.8%

The World Trade Organization has revised its 2016 global trade forecast downward by more than one percentage point to 2.8 per cent, warning that a slowdown in China and broad market volatility continued to threaten growth. In September last, the WTO estimated global trade to rise by 3.9 per cent in 2016.

INTERNATIONAL CONFERENCE ON ZERO - ICZ

ICZ was held at UNESCO headquarters in Paris, France to promote the knowledge of Maths for greater global good. A bronze bust of ancient Indian mathematician and astronomer Aryabhatta was also unveiled there on the occasion.

WORLD DEVELOPMENT INDICATORS

The World Bank released the 2016 edition of the World Development Indicators (WDI). It includes 1400 indicators for over 200 economies to measure the 169 targets of the 17 Sustainable Development Goals (SDGs) set by UNO.

TOP 'GLOBAL GAME CHANGERS'

American business magazine Forbes has ranked some of the biggest names in business as the 'Global Game Changers'. The selected 30 businessmen have exhibited growth and innovation, and their examples have had been adopted and copied by rivals the world over. The list is topped by Marcs Benioff, CEO of Salesforce.com, followed by Jeff Bezos of Amazon.com. It includes three Indians - Rahul Bhatia of Inter Globe Enterprises, Cyrus Poonawalla of Serum Institute of India, and Sunny Varkey of GEMS Education at 3, 23 and 26 positions respectively.

PERSONS IN NEWS

 
 

JUNE 2016

NIKESH ARORA:

One of the highest paid CEO of the

world heading the SoftBank Group Corp. was in news as he resigned abruptly just after two years stay at the corporation.

S. K. ROY: Chairman of public sector insurance giant was in news as he resigned nearly two years ahead of

The annual Spring Meeting of IMF & WB was held at

completion of his five-year term. Mr. Roy, who has been with LIC since 1981, took charge as chairman in June

2013.

Washington. Finance Ministers and Governors of Central Banks from G-20 nations attended the meet.

Heads of about 53 countries took part in the 4 th Nuclear Security Summit held in Washington, USA.

NITA AMBANI: The chairperson and founder of Reliance Foundation, has become first Indian woman to be nominated to the International Olympic Committee (IOC), the governing body of the Olympic Movement.

Committee (IOC), the governing body of the Olympic Movement. HILLARY CLINTON Democratic Party candidate for US

HILLARY CLINTON Democratic Party candidate for US Presidential elections created history by becoming the first woman to lead a major American political party for President’s post in the 240 years of democracy in USA.

Nauru, the tiny South Pacific island nation has become the 189 th member of the International Monetary Fund (IMF) and the World Bank.

Summit of the foreign ministers of the G-7 countries was held at Hiroshima, Japan on April 11.

Japan has become fourth country in world to successfully test its first stealth fighter jet – X 2, the other three being USA, Russia and China.

The latest World Malaria Report from WHO says that Europe has become the world’s first region to wipe out malaria with zero cases reported last year.

The 13 th Islamic Summit Conference was held in Istanbul, Turkey. This year’s theme was Unity and Solidarity for Justice and Peace.

 

MAY 2016

UDAY KOTAK: Kotak Mahindra Bank Chief, is the only Indian in Forbes' 'Money Masters: The Most Powerful People in the Financial World' list of 40 persons.

The world’s first public dengue vaccination programme was launched in the Philippines.

In UK, Britain's Royal Mail has launched a set of special postage stamps to mark the 400 th death anniversary of the great playwright William Shakespeare.

Lt. Col. RANVEER JAMWAL: An officer in the Jat regiment of Indian Army successfully completed his third Everest expedition, the earlier ones being in 2012 and 2013.

Bangladesh’s top court has rejected a 28-year-old petition to remove Islam as official religion of the country, disappointing the activists who wanted the country to remain secular.

YASH CHOPRA: A life size bronze statue of the late film-maker was installed by the govt of Switzerland in Kursaal area to honour the film maker who shot most of his romantic dramas in the lush mountains of Switzerland.

RISHI NAIR: A 6 th grade Indian American student won the prestigious National Geographic Bee competition 2016 at Washington DC, USA.

UNICEF launched a series of animated films, called Unfairy Tales, to help frame positive perceptions towards the millions of refugees.

A US grand jury has slapped a $ 940 million fine on Tata Consultancy Services (TCS) and Tata America International Corp. in a trade secret case.

British Petroleum has agreed to pay over $20 billion to the American government as damages over the 2010 oil spill in the Gulf of Mexico.

NIHAR JANGA & JAIRAM HATHWAR: Two Indian- American students scripted history by becoming the joint winner of the US Scripps National Spelling Bee Contest. Nihar, a 5 th grader, is the youngest winner of the 91 year old contest while Jairam is in 7 th grade. Each will get a prize of $ 40,000.

Venezuela has ordered a two-day working week for public sector workers as a temporary measure to help it overcome a serious energy crisis.

FATMA SAMOURA: The Senegalese UN diplomat was named as the first ever female Secretary General of the international football body, FIFA.

 

APPOINTMENTS

 

DILMA ROUSSEFF: 68 years old Brazilian President was suspended on May 12 after several weeks of nationwide protests for her removal. Senate has

 

JUNE 2016

 

decided to initiate impeachment proceedings against her on charges that she broke budget accounting laws.

CRAIG WRIGHT: The Australian entrepreneur has publicly identified himself as creator of virtual cash/currency – Bitcoin, under the fake name of Satoshi Nakamoto.

ASHOK LAVASA: Appointed as the new Union Finance Secretary

Ms SUPRIYA SAHU: Appointed as the Director General of Doordarshan

DIA MIRZA: Bollywood actress has been named the ambassador for Swachh Bharat Mission's youth-based 'Swachh Saathi' (student internship) programme.

LHAKPA SHERPA: A 42-year-old Nepalese woman of USA climbed Mount Everest for the seventh time on May 20, creating a record for the most summits of the world’s highest mountain by a woman.

SUNIL MITTAL: Chairman of Bharti Enterprises (Airtel), elected as the Chairman of International Chamber of Commerce (ICC) based in Paris.

APRIL 2016

ANNE HATHAWAY: Famous US actress and singer has

been appointed as global Goodwill Ambassador for the United Nations Entity for Gender Equality and the Empowerment of Women.

SACHIN TENDULKAR: The Ministry for Skill Development and Entrepreneurship (MSDE) has named cricket icon as brand ambassador of the 'Skill India' campaign.

P SUSHEELA MOHAN: Renowned playback singer has been recognized by the Guinness World Records for singing the most number of songs in Indian languages - 17,695 solo, duet and chorus-backed songs in 12 Indian languages.

PETER THOMSON: Permanent Representative of Fiji, was elected as the President of the upcoming 71 st session of UN General Assembly.

PEDRO PABLO KUCZYNSKI: Elected new President of Peru

HANI Al MULQI:

Appointed as new Prime Minister of

NITA AMBANI: Reliance Foundation Chairperson has been named the most powerful businesswoman in Asia

by Forbes, leading a list of 50 women leaders from the region that includes only eight from India.

Jordan.

 

MAY 2016

 
 

3 NEW CHIEF MINISTERS

WILLIAM SHAKESPEARE: A host of celebrations were held in England and several other parts of the world to observe 400 th death anniversary of legendary playwright, also known as The Bard of Avon. His

Sarbananda Sonowal: Assam, from BJP

Pinarayi Vijayan: Kerala, from CPI (M)

famous works include masterpieces like Othello, Macbeth, Romeo and Juliet and Hamlet.

V. Narayanasamy: Puducherry, from Congress

QUEEN ELIZABETH II: The world’s oldest-serving royal and the longest-reigning and longest-lived British monarch turned 90 on April 21, receiving the greetings of thousands of British citizens as well as wishes from all over the world.

KIRAN BEDI: Appointed as the new Lieutenant Governor of Union Territory of Puducherry.

VICE ADMIRAL SUNIL LANBA: Appointed as the next Chief of Indian Navy, in the rank of Admiral.

ARSENIY YATSENYUK: Ukrainian Prime Minister announced his resignation in the wake of a month-long political crisis that paralysed his government and frozen the release of vital Western aid.

S

K BHAGAT:

Appointed as Director General of the

Railway Protection Force (RPF).

S

K SHARMA:

Renowned scientist has been appointed

Sigmundur David Gunnlaugsson: Iceland’s Prime Minister resigned reportedly after his name figured in the mushrooming worldwide scandal over hidden offshore financial dealings exposed in the so-called Panama Papers leak.

the Chairman and Managing Director (CMD) of Nuclear Power Corporation of India Limited (NPCIL).

ANURAG THAKUR: The BJP M P from Hamirpur in Himachal Pradesh, was elected as the President of the Board for Control of Cricket in India (BCCI).

SHASHANK MANOHAR: Former BCCI President, who resigned recently, was elected unopposed as the first independent Chairman of International Cricket Council, for two years.

ATMA RAM NADKARNI: Appointed as the Additional Solicitor General in Supreme Court for a period of three years.

BINALI YILDIRIM:

of Turkey.

Elected as the new Prime Minister

Ms. TSAI ING-WEN: elected as the first women President of Taiwan

BACIRO DJA: Appointed as the new Prime Minister of Guinea Bissau, a small country in Western Africa.

RODRIGO DUTERTE: Elected as the New President of the Philippines. He is the Mayor of Davao City in Philippines. He is very popular and is known as ‘Digong’.

ENDA KENNY:

Re elected as the Prime Minister of

Ireland

 

APRIL 2016

JUSTICE (retd.) PERMOD KOHLI: Appointed as the new Chairman of Central Administrative Tribunal (CAT).

C P GURNANI: Elected as the new Chairman of the National Association of Software and Services Companies (Nasscom) for 2016-17. He is the MD & CEO of Tech Mahindra.

MEHBOOBA MUFTI: Elected as the first woman Chief Minister of Jammu and Kashmir

LOBSANG SANGAY: Re-elected as the Prime Minister of the Tibetan government-in-exile in Dharmsala, Himachal Pradesh.

CLEMENT MOUAMBA: Appointed as the new Prime Minister of Republic of Congo.

IDRISS

President of Chad, a country in Central Africa.

the

DEBY:

Elected for

the

5 th time as

BOUNNHANG VORACHIT: Elected as the new President of Laos

THONGLOUN SISOULITH: Elected as the new Prime Minister of Laos

VOLODYMYR GROYSMAN: Elected as the new Prime Minister of Ukraine

SOORONBAI

JEENBEKOV:

New

Prime

Minister

of

Kyrgyzstan.

HASHIM THACI: Elected as the President of Kosovo, a small country in southeast Europe.

SIGURDUR INGI JOHANNSSON: Elected as the new Prime Minister of Iceland after the earlier Prime Minister resigned due to his name coming in ‘Panama Leaks’.

NGUYEN XUAN PHUC: Elected as the new Prime Minister of Vietnam.

TRAN DAI QUANG: Elected as the new President of Vietnam.

FAUSTIN ARCHANGE TOUADERA: Elected as the new President of Central African Republic.

Ahmed Obeid bin Daghr: Appointed as the new Prime Minister of Yemen

AWARDS & HONOURS

JUNE 2016

INTERNATIONAL INDIAN FILM ACADEMY (IIFA) awards festival held in Madrid, Spain on June 23. Best Feature Film: Bajrangi Bhaijaan by Kabir Khan Best Director: Sanjay Leela Bhansali for Bajirao Mastani Best Actor: Ranvir Singh for Bajirao Mastani Best Actress: Deepika Padukon for Piku

GD BIRLA AWARD FOR SCIENTIFIC RESEARCH: won by IIT-Kanpur professor Sanjay Mittal

INDIA BIODIVERSITY

Tiger Reserve is in East Kameng district of Arunachal Pradesh.

ASIA NEW TALENT AWARDS: ‘Thithi’, a Kannada film won the best film award and best script writers award at the19 th Shanghai International Film Festival.

INTERNATIONAL DUBLIN LITERARY AWARD: won by Akhil Sharma for his novel 'family life'.

PEOPLE’s CHOICE PRIZE: Gold medal won by the renowned Indian sand artist Sudarsan Pattnaik at the world championship festival of sand sculpting in Bulgaria.

FUKUOKA PRIZE: Awarded to renowned Indian music composer A. R. Rahman for his outstanding contribution towards creating, preserving and showcasing South Asian traditional fusion music. This prize is given by city of Fukuoka in Japan.

SCHOLASTIC ASIAN BOOK AWARD: won by Aditi Krishnakumar for her manuscript “Love of Indian History".

Pakke

AWARD: Won

by

the

MAY 2016

‘ORDER OF THE RISING SUN, GOLD AND SILVER’:

Former bureaucrat and parliamentarian N. K. Singh was selected for Japan’s highest civilian honour, for promoting economic, educational and cultural ties between India and Japan.

MAN BOOKER INTERNATIONAL PRIZE: South Korean author, Han Kang, has won the prestigious prize for her novel 'The Vegetarian'. The writer and her British translator Deborah Smith will share the $72,000 prize money. This prize is given every year for the best book translated in English and published in U K.

MILLENNIUM TECHNOLOGY PRIZE: US engineer Frances Arnold has become first woman to win this prize for pioneering directed evolution. The award, given by the Technology Academy, Finland, carries a cash prize of Euro one million.

Palme d'Or: Award for the best film at Cannes Film Festival won by the film ‘I, Daniel Blake’ by British director Ken Loach.

PEN’s LITERARY SERVICE AWARD: Won by British author J.K. Rowling for her dedication to free speech and social justice. The award is given by PEN, a USA based NGO for excellence in promoting peace, harmony and human rights through literature.

COMMONWEALTH SHORT STORY PRIZE: (for Asia region) won by Prashar Kulkarni for his story ‘Cow and Company’.

“NORTH STAR": Highest civilian award of Mongolia conferred upon two noted Indian scholars-Lokesh Chandra and Mansura Haider for their contribution to Mongolian studies.

Sudarsan Pattnaik: Renowned sand artist won the gold medal at the 9th Moscow Sand Sculpture Championship in Russia.

APRIL 2016

SARASWATI SAMMAAN: Prestigious prize for literature given to the Jammu-born poet and novelist Padma Sachdev for her autobiography ‘Chitt-Chete’ written in Dogri language. The award carries award money of 15 lakh rupees, a citation and a plaque.

FBB FEMINA MISS INDIA WORLD 2016 Winner: Priyadarshini Chaterjee First runners-up: Sushruthi Krishna Second runners-up: Pankhuri Gidwani

DADASAHEB PHALKE AWARD: won by renowned actor Manoj Bajpayee for the movie Aligarh. Please note that this is NOT the national award rather it is the regional award in Maharashtra, given by Dada Saheb Phalke Foundation.

'Officier de l Ordre national de la Legion d Honneur’: (Officer of the Legion of Honour), highest French civilian honour conferred upon Former Army Chief General (retd) J J Singh.

Prime Minister Narendra Modi was conferred Saudi Arabia’s highest civilian honour- the king Abdulaziz Sash. The award is named after Abdulaziz Al Saud, the founder of the modern Saudi state.

BOOKS & AUTHORS

JUNE 2016

Zindaginama by Krishna Sobti

Favourite Ghost Stories From Around The World by Ruskin Bond.

Old History New Geography: Bifurcating Andhra Pradesh by Jairam Ramesh

A Life in Diplomacy

The Age of Genius: The Seventeenth Century and the Birth of the Modern Mind by AC Grayling.

The Spy by Paulo Coelho

The Unseen Indira Gandhi by Dr. K P Mathur

Muslims Against Partition by Shamsul Islam.

The Invention of Nature by Andrea Wulf.

by M K Rasgotra

MAY 2016

Vanishing Shangri La by K N Raghavan.

The Drowned Detective by Neil Jordan,

Blood on my Hands: Confessions of Staged Encounters by Kishalay Bhattacharjee

The Outside Lands by Hannah Kohler

A Man Called Ove

Me Before You by Jojo Moyes

by Fredrik Backman

APRIL 2016

An Economist in the Real World by Kaushik Basu, Chief Economist at World Bank

Swimmer Among the Stars by Kanishk Tharoor

Mercedes-Benz - Winning by Adil Jal Darukhanawala

Friends in Wild Places by Ruskin Bond.

 

MAY 2016

Safeguarding India by NN Vohra.

 

The Making of India: The Untold Story of British Enterprise by Kartar Lalvani

BABA HARDEV SINGH: Spiritual leader and Head of Nirankari Mission was killed in a road accident in Montreal, Canada. He was 62.

Advantage India — From Challenge to Opportunity by APJ Abdul Kalam and Srijan Pal Singh.

BALRAJ MADHOK:

Former President of Bharatiya Jan

Sangh (BJS) and veteran RSS leader died in Delhi. was 96.

He

A State in Denial by B G Verghese

The Kiss of Life by Imraan Hashmi

TONY COZIER: Famous West Indian cricket writer,

The Mountain of Shiva by Dr Karan Singh. He is a member of Rajya Sabha.

commentator and journalist passed away at the age of

75.

 

APRIL 2016

 
 

OBITUARY

POORNIMABEN PAKVASA: Great social worker from Gujarat, known for her exceptional work towards educating tribal girls, passed away at the age of 103.

 
 

JUNE 2016

 

SATYANAND MUNJAL:

The co-founder of Hero Cycles

NEIL O'BRIEN: An Anglo-Indian community icon and former Lok Sabha member, credited with pioneering the quiz in the country, died in Kolkata. He was 82. His son Derek O'Brien is also a famous quiz master.

MUDRARAKSHASA: Distinguished Hindi writer and veteran intellectual passed away at the age of 82 in Lucknow, following a prolonged illness.

INDER MALHOTRA: Veteran journalist passed away at

group, a great philanthropist, passed away in Ludhiana,

Punjab. He was 99.

PRATYUSHA BANERJEE: TV actress, known for her role of Anandi in the popular serial “Balika Vadhu”, allegedly committed suicide at her Kandivali residence in Mumbai.

GUY HAMILTON: Veteran British movie director, who directed four hugely popular James Bond films, passed away at the age of 93.

a

Delhi hospital at the age of 68. He was associated with ‘The Statesman’ and ‘The Times of India’.

SULABHA DESHPANDE: Eminent actor and theatre personality passed away in Mumbai. She was 79.

SURESH CHATWAL: Veteran TV and film actor passed away in Mumbai after a brief illness.

ROGERS NELSON: Pop music superstar, popularly known as Prince in USA, died aged 57. He won seven Grammy Awards and earned 30 nominations.

VICTORIA WOOD: Popular comedian, singer and writer from BBC in United Kingdom, died at 62 after “a short but brave” battle with cancer.

MANOHAR AICH: India's first Mr. Universe (1952) passed away in Kolkata at the age of 104. Famous as the

DORIS ROBERTS: The popular TV actress from USA who delighted audiences as the meddling mother next door on the popular TV soap Everybody Loves Raymond, died at the age of 90. She won the popular TV award Emmy five times.

‘Pocket Hercules’ due to his short height – 4’ 11”, he was

a

very popular figure in the world of body building.

RAZAK KHAN: Veteran comedy actor who worked in films like “Hera Pheri”, “Raja Hindustani” and “Baadshah” among others, died in Mumbai. He was 65.

BILL CAMPBELL: Silicon Valley’s veteran adviser who mentored technology heavyweights like former Apple CEO late Steve Jobs and co-founder of Google, Larry Page, died at age 75.

MUHAMMAD ALI: The three-time world heavyweight boxing champion who ruled the boxing world in late sixties, died at the age of 74 in Phoenix, USA. Famous as ‘the greatest’, he was suffering from Parkinson disease. Before accepting Islam, his name was Cassius Clay.

ZAHA HADID: Renowned Iraq-born British architect passed away due to heart attack. She was 65. She was world’s most famous female architect and was known for her neofuturistic design which was her signature architectural style.

VIKTOR KORCHNOI: Four-time Soviet chess champion, Grandmaster, died aged 85 in Switzerland where he had lived since 1976 after defecting from the Soviet Union.

IMRE KERTESZ: Hungarian author, 2002 Nobel Literature Prize winner, died aged 86 in Budapest, after a long illness.

PLACES IN NEWS

JUNE 2016

PULGAON: The Central Ammunition Depot of Indian Army in Pulgaon, Maharashtra was in news as a massive fire in one of its bunkers destroyed huge quantity of precious ammunition. It also claimed 16 lives including two Army officers and left 17 persons injured.

MAHASTHANGARH: The 3rd century BC archaeological site in Bogra, Bangladesh, has been declared as the South Asian Association of Regional Cooperation (SARRC) cultural capital for the year 2016-17.

GUWAHATI: It became the first city in the country to have its own city animal. The city has adopted the Gangetic River Dolphin as its mascot.

MATHURA: The temple town of UP was in news as about 3,000 members of a little-known sect that has encroached upon 280 acres of government land Jawahar Bagh clashed with the police. The massive violence on June 3 claimed 29 lives, including an SP and SHO and the sect head, Ram Vriksh Yadav.

ORLANDO: City in Florida, USA was in news as it witnessed one of the worst mass shootings in the US history as a solo gunman killed 50 persons in a gay night club.

PARIS: Days of torrential rain forced river Seine in France to burst its banks causing heavy flooding in city of Paris. Floodwaters have forced thousands of people to evacuate their homes and claiming several lives.

MAY 2016

CYCLONE ROANU: A strong cyclone lashed the coastal areas of Andhra and Odisha causing heavy rains coupled with gusty surface winds affecting the normal life seriously.

SRI LANKA: Severe flooding has forced half a million people to flee their homes in Sri Lanka as the torrential rains and landslides claimed over 100 lives. The worst- hit areas were in Colombo's north-eastern suburbs along the Kelani River.

FORT MCMURRAY: City in state of Alberta in Canada was in news as it suffered one of the worst wildfires, torching over 1,600 homes and other buildings and forcing more than 80,000 residents to flee. The local govt has declared state of emergency to handle the situation effectively.

APRIL 2016

UJJAIN: The month-long Simhastha Kumbh mela, one of the largest congregations of Hindus, began in Ujjain on April 22 on the banks of Kshipra River.

LATUR: City and district in Marathwada region of Maharashtra was in news as it faced severe water crisis, especially in the villages. The district with a population of around 2.45 crore has suffered one of the worst drought in recent years.

KOLLAM: In the worst-ever pyrotechnics tragedy to strike Kerala, 110 persons were killed and close to 400 injured, many of them grievously, when a huge dump of firecrackers stored for celebrations, exploded near the Puttingal Devi Temple near Kollam, causing extensive damage to nearby buildings.

TRIMBAKESHWAR TEMPLE: Famous temple of Lord Shiva in Nashik, Maharashtra was in news as trustees of the temple decided that even men devotees will not be allowed to enter the sanctum sanctorum of the temple, reportedly to avoid the entry of women devotees.

KUMAMOTO: Town in south-western island of Kyushu in Japan was devastated by several rounds of earthquake tremors leading to death of over 41 persons and injuring hundreds of others. Around two lakh persons were affected in the severe earthquake.

PEDERNALES: City in Manabí Province in Ecuador was destroyed in a severe 7.8 magnitude earth quake. Reportedly, around 654 persons were killed and several hundreds were injured. Coastal city of Manta was also very badly affected.

SPORTS WORLD

JUNE 2016

Ace Indian shuttler Saina Nehwal won the Australian Open Super Series Badminton tournament title by defeating Chinese Sun Yu in Sydney.

Grand Master Harika Dronavalli won the best women's player award in the Eurasian Blitz chess tournament in Kazakhstan.

Anil Kumble: Former spinner has been selected as the new coach of Indian Cricket Team for one year.

Tintu Luka won a silver medal in 800 metres in the Josef Odlozil Memorial Athletics Meet in Prague, Czech Republic.

Seema Punia won a gold medal in the women’s discus throw at the Pat Youngs Throwers Classic in California, USA, securing her quota in Rio Olympics.

The Indian recurve team of Deepika Kumari and Atanu Das won the silver medal at the Archery World Cup in Antalya, Turkey.

Dinesh and Tarkeshwari Rathod have become the

first Indian couple to climb the Mount Everest on May

23. Both are Constables in Maharashtra Police.

Ceat T20 Player of the Year - 2016:

Star batsman

Virat Kohli

Ceat Lifetime Achievement Award:

Former Indian

Captain, Dilip Vengsarkar.

Hero Hockey Champions Trophy Tournament:

Australia defeated India 3-1 in the final played in London.

India won the three-match One-Day International (ODI) cricket series against Zimbabwe 3-0 and also the three day T-20 series by 2-1.

NATIONAL RECORD BY MEN’s RELAY TEAM

The Indian men's 4x400m relay team created a new national record in relay race at the International Sprint and Relay Teams Cup at Erzurum, Turkey. The team surpassed the 18 year old record created at Asian Games, Bangkok in 1998 by clocking 3:02:17 minutes against 3:02:62 of old record.

The Indian women’s 4x400m relay quartet of Jauna Murmu, Ashwini Akkunji, Anilda Thomas and MR Poovamma won the gold medal at the PTS athletics Grand Prix in Samorin, Slovakia.

IXth Indian Premier League: Sunrisers Hyderabad defeated Royal Challengers Bangalore to clinch their maiden title in the finals played at the Chinnaswamy stadium in Bangalore.

The Indian Olympic Association (IOA) has chosen Olympic champion shooter Abhinav Bindra as the flag- bearer of the Indian contingent at the Rio Games’ opening ceremony on August 5.

The junior men's hockey World Cup will be hosted by Lucknow from the 8th of December this year.

Rahul Johri: Appointed first ever chief executive officer (CEO) of the Board of Control for Cricket in India (BCCI) in Mumbai on the recommendations of the Justice Lodha Committee.

N Ramachandran, the President of Indian Olympic Association (IOA) was awarded the prestigious Olympic Order by the International Olympic Committee (IOC) for his outstanding services to the Olympic movement.

All India Football Federation plans to launch ‘Mission 11 Million’ in 30 Indian cities with the support of FIFA to engage more than 11 million children in football- related activities.

Novak Djokovic: World number one tennis player from Serbia became the first tennis player in the history to cross the $100 million prize-money mark in his career

of 13 years. The record was created

mark in his career of 13 years. The record was created in a match in French
in a match in French Spain's Roberto Bautista Agut.
in a match in French

in a match in French

Spain's Roberto Bautista Agut.

Spain's Roberto Bautista Agut.

in a match in French Spain's Roberto Bautista Agut.

open in Paris by beating

Cristiano Ronaldo: Star footballer from Real Madrid, captain of Portugal team, has become the first athlete from a team sport in almost 20 years to top Forbes annual list of the World's 100 Highest Paid Athletes, earning $88 million in 2015-16. There is no Indian in top 100.

Lewis Hamilton (Britain) of Mercedes team won the Formula 1 Canada Grand Prix title at Montreal, Canada and also the Monaco Grand Prix.

Nico Rosberg won the European Grand Prix at the Baku City Circuit, Azerbaijan.

England captain Alastair Cook became the first English cricketer and also the youngest one to reach the 10,000 runs milestone in Test cricket on May 30, playing against Sri Lanka at Chester-le-Street, England. Earlier, this record was in Sachin’s name.

Copa America Football Championship: won by Chile by defeating Argentina in the finals played at East Rutherford, New Jersey (USA). It is the popular most sports event of USA. Shocked with the defeat, the Argentine star player Lionel Messy announced his retirement from the international football.

FRENCH OPEN CONCLUDES

Men’s singles: won by Novak Djokovic of Serbia by beating Britain's Andy Murray Women’s singles: Garbine Muguruza of Spain defeated Serena Williams of USA to clinch her maiden French Open title. Mixed doubles: won by Leander Paes with Swiss partner Martina Hingis

Latest FIFA rankings have placed Argentina at top, followed by Belgium and Colombia at 2 nd and 3 rd rank, respectively.

The Rio 2016 Olympic organizing committee released the official slogan for the forthcoming Olympic Games - “A new world”.

A cheerful white tiger cub, named ‘Soohorang’ has been

selected as the official mascot for South Korea’s 2018 Pyeongchang Winter Olympics.

Euro 2016: Europe's biggest football extravaganza

began in Stade de France, Saint Denis (France) on June

10.

Wimbledon Tennis Championships begin in London on June 27. This is the 130th edition of the third Grand Slam of the season.

London on June 27. This is the 130th edition of the third Grand Slam of the

MAY 2016

Max Verstappen: 18 year old F1 driver from Netherlands representing the Red Bull team has become

Amit Kumar Saroha, Indian para athlete from Haryana

won the gold medal in men's club throw (F-51) at the French Open Athletics Championship in Paris.

Sushila Chanu Pukhrambam has been selected to captain Indian women's hockey team for a four-nation tournament in Darwin, Australia.

India's ace cueist Pankaj Advani has created history in Abu Dhabi by clinching the Asian 6-Red Snooker title, becoming the first in the world to hold both world and continental titles in 6-red snooker at the same time.

the youngest formula 1 winner as he won the title in Spanish Grand Prix in Barcelona, Spain.

Thomas Cup: Denmark won the men’s badminton title, overcoming record champion Indonesia in the final played in Kunshan, China.

Uber Cup: (women badminton), China claimed the cup 14 th time by routing South Korea in Kunshan, China.

French Open, Second Tennis Grand Slam –started in Roland Garros in Paris on May 22. This is the only grand slam played on clay court.

Garima Chaudhary won gold medal at the 2016 Commonwealth Judo Championship finals at Port Elizabeth in South Africa.

Italian Open Tennis Championship: Andy Murray defeated Novak Djokovic to win Men's Singles title.

Indian boxer Sonia Lather won a silver medal at the AIBA Women's World Championships in Astana, Kazakhstan.

7th Asian Youth Championships: Indian boxers bagged three silver and one bronze medal in the games held in Kazakhstan.

Sprinter Dutee Chand bagged two gold medals by winning the women's 100m and 200m race at the Taiwan Open Athletics Championships.

Madrid Open Tennis: Novak Djokovic of Serbia defeated Andy Murray of Briton to win the finals. Women’s title was won by Simona Halep defeating Dominika Cibulkova

The Indian women’s 4x100m relay team broke the 18- year-old national record, though they stood fourth at the IAAF World Challenge in Beijing.

World Snooker Championship title was won by Mark Selby of England by defeating China’s Ding Junhui in finals played at Sheffield, UK.

Indian women's squash team won the Silver medal in the Asian Team squash Championships at Taipei,China, losing gold to Malaysia.

Asia Badminton Championships at Wuhan, China:

Malaysia’s Lee Chong Wei defeated the world No. 1 Chen Long of China in the finals.

Indian shooters claimed three gold medals and a bronze in the ISSF Junior World Cup in Suhl, Germany.

Tobago batsman Iraq Thomas created a record by scoring 21-ball century in the Tobago Cricket Association’s T20 tournament at Louis D'or, Tobago (West Indies)

The International Cricket Council has suspended the Cricket Association of Nepal due to a ‘vacuum of cricket leadership’ in the country.

Federation Cup: Football, Mohun Bagan clinched the title for the 14 th time by defeating Aizawal FC in the Final played in Guwahati.

IOA APPOINTS 4 GOODWILL AMBASSODORS The Indian Olympic Association has appointed four

Goodwill Ambassadors for Rio Olympics. They are -

Renowned music composer A R Rahman, Bollywood actor Salman Khan, Olympic gold medalist Abhinav Bindra and Cricket legend Sachin Tendulkar.

APRIL 2016

CARIBBEANS WON THE T-20 IN STYLE The West Indies lifted the World T-20 title in both the men's and women's section. Men’s team defeated England and women’s team routed the Australian team. The finals were played at Kolkata's Eden Gardens. The West Indies team is popularly known as Caribbeans, after the name of the group of island countries which jointly form this team.

Virat Kohli was named as the ‘Player of the Tournament’

India and Japan have agreed for mutual exchange of sports persons, coaches, experts and administrators to improve the standard of the sports between the two nations.

Nico Rosberg, the Formula One champion from Germany, won his seventh race in a row at the Russian Grand Prix in Sochi, Russia.

Eric Dusingizimana: Captain of cricket team of Rwanda has set a new Guinness world record by batting out a straight 51 hours, the longest individual net session, beating the record set last year by India's Virag Mane, who had batted a straight 50 hours.

M C Mary Kom: Indian woman boxer was named one of the eight ambassadors for the upcoming World Championships by the International Boxing Association (AIBA).

Dipa Karmakar, 22 year old girl from Agartala, Tripura created history by becoming the first Indian gymnast to qualify for the Olympics and to win the gold in vaults event at the test event of the Rio Games in Brazil. She performed the Produnova vault — the extremely difficult and most dangerous form that involves a front handspring on the horse and two front somersaults.

Deepika Kumari equalled the world record in women's recurve event at the Archery World Cup in Shanghai, China.

India's star batsman Virat Kohli has maintained his number one position in the ICC T20 batsmen rankings and team India is also ranked at top.

Asian Kho-Kho championship: both, men’s and women’s title were won by India by defeating respective teams from Bangladesh at Indore, Madhya Pradesh.

National Badminton Championship: Men’s title won by Samir Verma and women’s title won by P C Thulasi in Chandigarh.

9 th season of the popular Indian Premier League opened on April 9 in Wankhede Stadium in Mumbai. The first match was won by Rising Pune Supergiants against Mumbai Indians.

The Commonwealth Judo Congress has allotted the 2018 Commonwealth Judo Championships to India. The games will be held in Jaipur.

SPORTSPERSONS TO GET Rs ONE LAKH PM

Union Sports Ministry has decided to provide one lakh rupees per month as out of pocket allowance to the sports persons under the Target Olympic Podium (TOP) scheme in their preparation for the Olympics and Paralympics Games at Rio de Janeiro.

Government has decided to merge the Rajiv Gandhi Khel Abhiyan with the ‘Khelo India’ programme.

Britain's Anthony Joshua won the IBF world heavyweight title by stopping American champion Charles Martin in London, becoming the first boxer in history to hold the Olympic super-heavyweight crown (2012) and a version of the world heavyweight title simultaneously.

Nico Rosberg, Mercedes driver of Germany won the Formula 1 Gulf Air Bahrain Grand Prix in Sakhir, Baharin and also the Chinese Grand Prix in Shanghai.

Danny Willett of UK won the US Masters Golf Championship for the year 2016 at Augusta National Golf Club in Augusta, Georgia, USA.

for the year 2016 at Augusta National Golf Club in Augusta, Georgia, USA. GENERAL AWARENESS –

LAUREUS WORLD SPORTS AWARDS

Best Sportsman of the year: Novak Djokovic, Serbia Best Sportswoman of the year: Serena Williams, USA Both of them won three grand slams in Tennis in 2015 Best Disabled Sportsperson: Paralympic swimmer Daniel Dias of Brazil Best Sports team: New Zealand's Rugby World Cup- winning team Laureus World Sports Awards, known as the Oscars of Sports, honour the notable sporting personalities and their achievements of the previous year.

Asian Nations Cup Chess tournament won by the Indian men’s team in Abu Dhabi

Sultan Azlan Shah Cup: Australia beats India to win the prestigious Hockey Tournament held in Ipoh, Malaysia.

Singapore Open Badminton Championship: Men’s - Sony Dwi Kuncoro of Indonesia Women’s - Ratchanok Intanon of Thailand, world no 1.

Malaysian Open Badminton title won by Lee Chong Wei of Malaysia against world number one Chen Long of China in Kuala Lumpur, Malaysia.

MIAMI OPEN (tennis) IN FLORIDA, USA Men’s title: Novak Djokovic (Serbia) won by beating Japan's Kei Nishikori Women’s title: Victoria Azarenka (Belarus) won by routing Svetlana Kuznetsova of Russia.

BARCELONA OPEN TENNIS CHAMPIONSHIP

Rafael Nadal of Spain won the title defeating Kei Nishikori of Japan in the finals played in Barcelona, Spain.

Monte Carlo Masters: Rafael Nadal Spain of won the title defeating Gael Monfils of France.

TORCH LIGHTED FOR 31 ST RIO OLYMPICS

The official countdown to this year's Rio de Janeiro Olympics began on April 21 when the actress Katerina Lechou performing as the high priestess lit up the Olympic Torch at the Temple of Hera in ancient Olympia, Greece.

The torch will be carried by prominent sportspersons in a relay run culminating at Rio on August 5, the opening day of the XXXI Olympic Games. This is for the first time that Olympics are being held in South American continent.

ALL THE NEWS ITEMS IN THIS MAGAZINE HAVE BEEN SOURCED FROM VARIOUS NEWS PAPERS AND GOVT. PRESS RELEASES.

DAYS & DATES

JUNE

JUNE 1: WORLD MILK DAY Observed across the world to increase awareness on use of milk and to promote activities connected with milk and the milk industry. It is supported by Food and Agriculture Organisation of UNO.

JUNE 5: WORLD ENVIRONMENT DAY Observed globally to promote awareness for preservation of environment. The theme for this environment day is "Go Wild For Life - Zero tolerance for the illegal wildlife trade."

JUNE 8: THE WORLD OCEANS DAY Observed globally to raise awareness of the current challenges faced by the international community in connection with the oceans. The theme this year is “Healthy Oceans, Healthy Planet”.

JUNE 12: THE WORLD DAY AGAINST CHILD LABOUR Observed globally with the patronage of International Labour Organisation to spread awareness about the abuse of child labour. This year’s theme is End child labour in supply chains - It's everyone's business!’

JUNE 14: WORLD BLOOD DONOR DAY Observed across the world to raise the awareness about the need for safe blood donation. The theme for the year 2016 is - “Blood connects us all”.

JUNE 20: WORLD REFUGEE DAY Observed around the world supported by the United Nations High Commissioner for Refugees (UNHCR) to raise the public awareness about refugees. According to UNHCR, number of refugees rose by 5.8 million last year to reach 65.3 million.

JUNE 21: INTERNATIONAL YOGA DAY

 

Millions of people around the world celebrated Yoga Day by organising mass yoga sessions at various places. In India, main function was held in Chandigarh where Prime Minister Modi himself led a gathering of over

30,000 people for a mass yoga session.

 

JUNE 21: WORLD HYDROGRAPHY DAY Observed world over to highlight the role of oceans and seas in human life. This year’s theme was Hydrography - the key to well-managed seas and waterways’. It is also the establishment day of International Hydrographic Organization 95 years ago.

JUNE 23: UNITED NATIONS PUBLIC SERVICE DAY; Celebrated at the United Nations Headquarters in New York with a high-level knowledge sharing panel on Leaving No One Behind: Innovative Institutional Approaches and Public Service Delivery.

JUNE 23: THE INTERNATIONAL OLYMPIC DAY Celebrated every year on 23 June to mark the occasion of the commencement of modern Olympic Games on this day in 1894 at Sorbonne in Paris.

APRIL 5: NATIONAL MARITIME DAY Observed in India to commemorate the sailing of India’s first steamship Loyalty on April 5, 1919 from Mumbai to London. All major ports observe this day celebrating India’s seafaring traditions and journeys.

JUNE 23: INTERNATIONAL WIDOWS’ DAY Supported by the United Nations to raise public awareness on the hardships faced by the widowed women.

APRIL 7: WORLD HEALTH DAY Observed across the globe to disseminate knowledge and awareness about human health and promoting healthier living habits across the globe. This year the theme of the Day is ‘Beat Diabetes’.

MAY

MAY 01: INTERNATIONAL LABOUR DAY Observed across the world to promote and protect interests of labour class., supported by the ILO. The theme for 2016 is Celebrating the international labour movement.

APRIL 8: NEW YEAR CELEBRATAIONS It marked the beginning of the New Year for a number of communities in India. For Hindus in North India, it was

MAY 03: WORLD PRESS FREEDOM DAY Observed across the world to celebrate freedom of press and defending the media from attacks on their independence. This year’s theme is ‘Access to Information and Fundamental Freedoms - This Is Your Right!’

Supported by UNESCO, this day was proclaimed by the UN General Assembly in December 1993, on the anniversary of the Declaration of Windhoek, Namibia.

MAY 11: NATIONAL TECHNOLOGY DAY Observed all over India to hail the technological achievements and developments in the country. This year’s theme is ‘Technology enablers of Startup India’. It was on this day in 1999 that the first, indigenous aircraft “Hansa-3” was test flown at Bangalore and the Trishul missile was test fired successfully. On the same day in 1998, three successful nuclear tests were carried out at Pokhran, Rajasthan.

MAY 12: INTERNATIONAL NURSES DAY Celebrated all over the world to commemorate Florence Nightingale’s birthday. President of India honoured 35 nurses with the National Florence Nightingale Awards on this day.

Vikram Samvat 2073, first day of the month Chaitra, beginning of the auspicious Navratras. In Maharashtra, it was observed as ‘Gudi Padwa’ In Andhra and Karnataka; it was observed as ‘Ugadi’. Sindhis observe this day as Cheti Chand.

APRIL 10: WORLD HOMOEOPATHY DAY Observed to commemorate the birth anniversary of Dr. Samuel Hahnemann, a German Physician who developed system of Homoeopathy.

APRIL 14: FIRE SERVICES DAY Observed every year in India in memory of the sacrifices made by the firemen during the devastating fire on SS Fort Strikine ship in Mumbai Dock in the year 1944. The theme of this year’s fire services day is ‘prevent fire accident, promote nation’s development.’

APRIL 14: NEW YEAR CELEBRATIONS People in several parts of India celebrated beginning of their new year on April 14. In Assam and Northeastern states, it is observed as Rongali or Bohag Bihu. In Tamil Nadu side, it is celebrated as Puthandu. In Kerala, people celebrate Vishu festival. In North India, it is observed as Baisakhi, a festival of gaiety to mark the harvesting of wheat crop. In West Bengal, people celebrate it as their ‘Poila Baisakh’.

APRIL 17: WORLD HEMOPHILIA DAY Observed in the memory of Frank Schnabel, the founder of the World Federation of Hemophilia as this day is his

MAY 17: WORLD HYPERTENSION DAY This year’s theme is "Know Your Numbers", with the goal of increasing awareness about high blood pressure. Normal blood pressure is defined as an average reading no higher than 120/80 mm Hg. A readings of 140/90 or higher is considered high blood pressure.

APRIL

birth day. Hemophilia is a rare disorder in which your blood doesn't

clot normally because it lacks sufficient blood-clotting proteins.

APRIL 2: WORLD AUTISM AWARENESS DAY Observed across the globe, supported by the UNO. The theme for this year is "Autism and the 2030 Agenda:

Inclusion and Neurodiversity". Autism is a serious developmental disorder in children that impairs their ability to communicate and interact.

APRIL 18: WORLD HERITAGE DAY Observed with an aim to create awareness among the people towards conserve and protect the valuable assets and cultural heritage across the world.

APRIL 21: "CIVIL SERVICE DAY" Observed by all Indian Civil Services to re-dedicate and re-commit
APRIL 21: "CIVIL SERVICE DAY"
Observed by all Indian Civil Services to re-dedicate and
re-commit themselves to the cause of the people.
On this day in 1947, Sardar Patel, then Home
Minister, addressed the first batch of civil servants in
independent India.
APRIL 25: WORLD MALARIA DAY
Observed to create awareness among the people about
this vector borne disease. The theme this year is ‘End
Malaria For Good’.
APRIL 22: EARTH DAY
Observed all over the world to demonstrate support for
environmental protection. The theme for this year is
"Trees for the Earth" with the aim of mobilizing nearly
eight billion plantings over the next five years.
APRIL 26: WORLD INTELLECTUAL PROPERTY DAY
Observed across the world to spread awareness about
the role that intellectual property rights (patents,
trademarks, industrial designs, copyright) play in
encouraging innovation and creativity.
This year’s theme is Digital Creativity: Culture
Reimagined.
APRIL 23: WORLD BOOK DAY
Celebrated all over the world, supported by the UNESCO
to promote the reading, publishing and copyright among
the public worldwide.
APRIL 29: INTERNATIONAL DANCE DAY
Supported by UNESCO, it is observed to attract the
attention of general public towards various dance forms.
ANSWER KEY TEST - 1
ANSWER KEY TEST - 2
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A.
Q.
A.
Q.
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A.
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A.
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A.
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A.
Q.
A.
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A.
Q.
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1
B
2
D
3
C
4
B
5
D
1
C
2
E
3
A
4
A
5
E
6
E
7
E
8
B
9
B
10
A
6
B
7
A
8
A
9
A
10
E
11
C
12
B
13
A
14
D
15
D
11
B
12
C
13
A
14
C
15
E
16
A
17
D
18
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C
20
C
16
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B
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C
24
E
25
C
21
B
22
A
23
B
24
A
25
D
26
C
27
E
28
D
29
C
30
E
26
A
27
B
28
C
29
D
30
A
31
D
32
C
33
A
34
B
35
D
31
A
32
B
33
B
34
A
35
B
36
E
37
C
38
B
39
A
40
B
36
A
37
B
38
B
39
C
40
D
41
C
42
B
43
C
44
C
45
A
41
C
42
A
43
D
44
B
45
A
46
A
47
E
48
B
49
E
50
A
46
A
47
B
48
C
49
B
50
E
Bullet News (JAN 2016 – MARCH 2016) For details visit – www.gyanm.in
Bullet News
(JAN 2016 – MARCH 2016)
For details visit – www.gyanm.in

NATIONAL NEWS

MARCH 2016

A new direct shipping service launched between Krishnapatnam in Nellore, Andhra Pradesh and Chittagong in Bangladesh.

India will host the eighth annual summit of BRICS from October 15-16 in Goa

Prime Minister Narendra Modi left for a three - nation tour to Belgium, the US and Saudi Arabia from March 30 to April 2.

Air India on March 6 flew the “world’s longest” all- women operated and supported flight, nonstop, from New Delhi to San Francisco, USA.

The first World Culture Festival, a three-day event celebrating cultural diversity was held on Yamuna bank in New Delhi on March 11-13.