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    In order to solve the ongoing tussle between India and the WTO (World

    Trade Organisation), India has suggested fxing o the base year or ood

    subsidies on the basis o average o last three years. What is the year

    proposed by the WTO to be taken as the base year ! 1986-87

    The "e#urities $aws (a%end%ent) &ill, '* was approved unani%ously bythe $ok "abha on + ugust '*. This &ill e%powers the "-&I with powers

    to disgorge (taking ba#k the %oney) the %oney ro% raudulent

    #o%panies and s#he%es. "-&I has issued disgorge%ent orders only in two

    #ases in over two de#ades o its or%ation. Whi#h two #ases are these

    ! IPO irregularities issue of 2006 and the Satyam Computer

    sandal

    The nion /abinet on + ugust '* #leared a proposal to allow 0

    oreign dire#t invest%ent (12I) in Indian 3ailways. part ro% this, two .".

    #o%panies were shortlisted or a proposed diesel lo#o%otive a#tory to bebuilt in &ihar. Whi#h two #o%panies are these ! !" and "#$ %-le#tro4

    5otive 2iesel, In#.&

    6oted Indian #artoonist 7ran 8u%ar "har%a, popularly known as 7ran,

    passed away on 9 ugust '* at the age o :9. ;e was the #reator o

    i#oni# Indian #artoon #hara#ters su#h as /ha#ha /haudhary and his riend

    "abu, "hri%atis largest i%porter o ar%s. It i%ports al%ost

    :0 o its %ilitary hardware. It, thereore, wants to open up the do%esti#

    weapons industry to help boost do%esti# %anua#turing and %odernise its

    "oviet4era %ilitary.

    6o 12I would be allowed in general day4to4day operations o Indian

    3ailways

    ;owever, 0 12I will be per%itted in so%e spe#ialiAed operations like

    reight #orridor, high4speed train, port and %ining #onne#tivity pro

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    0 12I in basi# inrastru#ture rail pro

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    inrastru#ture whi#h would be #reated and listed with these "-&I

    guidelines ! *eal "state In(estment .rusts %*"I.s& and

    Infrastruture In(estment .rusts %In(I.s&

    What is the na%e o the newly #onstituted a#t whi#h was signed into law

    by the .". 7resident &ara#k Oba%a on C ugust '* and whi#hauthorises the 7resident to appoint a "pe#ial -nvoy in the near -ast and

    "outh /entral sia !,ear "ast and South Central 'sia *eligious

    reedom 't

    Who is the author o the book =Strictly Personal>, the new biography o the

    or%er 7ri%e 5inister 5an%ohan "ingh and his wie ursharan 8aur,

    whi#h is to be released during ugust '* ! $aman Singh, the

    daughter o 5an%ohan "ingh.

    What is the na%e o the proposed airline o Tata4"I irlines $i%ited(T"$), a

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    What is the na%e o the *9 %egawatt hydro4ele#tri#ity pro

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    a##idental insuran#e #over o 3s. lakh ! Pradhan #antri an $han

    EoAana

    99 gallantry awards (pea#eti%e) were announ#ed on the eve o

    +CthIndependen#e 2ay on * ugust '*. Who was #onerred the lone

    shok /hakra, India>s highest pea#eti%e gallantry award !

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    Who was sele#ted as the /hair%an o the /o%%ittee on 7ubli#

    ndertakings (/o7) o 7arlia%ent by the $ok "abha "peaker "u%itra

    5aha

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    With +, 5W wind power produ#ed in 'F, /hina was ranked World>

    top wind power produ#ing #ountry in the re#ently released 3enewables

    '* lobal "tatus 3eport. What was India>s rank in this report ! >th

    Who was the ounder o the Jharkhand 2iso% 7arty (J27) whi#h %ergedwith the &J7 on C ugust '* ! Salhan #urmu

    The 2epart%ent o Tele#o% (2oT) is #onsidering %erger o 5u%bai and

    8olkata #ir#les with 5aharashtra and West &engal servi#e areas. This step

    will end roa%ing #harges on subs#ribers travelling ro% these two #ities to

    other parts in respe#tive states and vi#e versa. Whi#h Tele#o% 5inister

    had in '* started the dis#ussion to %erge #ertain #ir#les like 5u%bai,

    8olkata and /hennai into their respe#tive states ! $ayanidhi #aran

    What is the na%e o the #ontroversial survey #ondu#ted by the Telanganaovern%ent throughout the state on ? ugust '* and due to whi#h

    various se#tions o the state were s#ared and apprehensive !HSamagra

    +utumh Sur(ey or HIntensi(e ;ousehold Sur(ey

    The 3eserve &ank o India (3&I) on C ugust '* #onstituted a 94

    %e%ber inter4regulatory #o%%ittee to %onitor the growing pheno%enon

    o shadow banking. Who has been appointed as the /hair%an o this

    #o%%ittee ! PD iAaya )hasar(-xe#utive 2ire#tor, 3&I)

    5anipur #ourt on ? ugust '* ordered the release o 5anipuri

    wo%an Iro% "har%ila, who has staged a *4year hunger strike in protest

    at hu%an rights abuses in 5anipur. "he began her ast on * 6ove%ber

    ' ater witnessing the killing o people by the ar%y at a bus stop

    near her ho%e in 5anipur. ;er protests against the abuses allegedly

    #o%%itted by se#urity or#es are sub

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    Whi#h international fnan#e entity laun#hed a N'.94billion onshore Indian

    rupee bond progra%%e on ' ugust '* so as to strengthen the #apital

    %arket and support inrastru#ture develop%ent in India ! International

    inane Corporation %IC&

    On ' ugust '* the 1inan#e 5inistry ordered a orensi# audit to bedone at the bran#hes o two banks in view o the reports o

    %isappropriation o unds worth 3s. *F+ #rore. Whi#h two banks are

    involved in this %atter ! $ena )an and Oriental )an of Commere

    %O)C&

    Who took over as the ourth 2eputy overnor o the 3eserve &ank o India

    (3&I) during July '* ! Suhash Sheoratan #undra %SDSD #undra)

    What is the na%e o the a%bitious e4governan#e pro list o the =World>s

    5ost Innovative /o%panies> released on ' ugust '*

    ! ;industan Gnile(er5 .ata Consultany Ser(ies %.CS&5

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    .3. nantha%urthy, the writer o in#redible literary works like =Samskara>

    and =Bharatiura> and the winner o India>s highest literary award4 the

    Janapith ward, passed away on '' ugust '*. ;e did his writings in

    whi#h language !+annada

    The 3eserve &ank o India (3&I) during ugust '* notifed that the two4step authenti#ation or #redit #ard transa#tions in#luding =#ard not present

    transa#tions> is a %ust as %andated under the rules. This announ#e%ent

    was %ade by the 3&I pri%arily to set right whi#h ano%aly ! .o ring

    under he the so-alled ustomer-friendly payment model

    follo/ed y ertain ser(ie pro(iders

    ;istory was #reated at 2elhi>s prestigious "t. "tephen>s /ollege on 'F

    ugust '* as student ro% the ;indi %ediu% was ele#ted president o

    its students> union. What is the na%e o this student who a#hieved this

    su##ess despite his hu%ble ba#kground or a #ollege traditionally knownas #ollege o the elite !*ohit +umar Eada(

    5aharashtra overnor 8. "ankaranarayanan on '* ugust '* Huit the

    oB#e #onseHuent to his transer ro% 5aharashtra. ;e was transerred to

    whi#h state as its next overnor ! #i@oram

    Whi#h #o%pany repla#ed IT giant Tata /onsultan#y "ervi#es (T/") as

    India>s %ost ad%ired #o%pany in 1orbes> list o =India>s 5ost d%ired

    /o%panies or '*> released during ugust '* ! I.C

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    the %ain reason or resignation o 5anuel alls> "o#ialist govern%ent

    ! .he issue of ountrys stagnant eonomy

    3enowned #tor42ire#tor "ir 3i#hard ttenborough passed away at the age

    o ? on '* ugust '*. s the 2ire#tor o %u#h4lauded DGandhiE he

    be#a%e an unLagging pillar to &ritish #ine%a. In whi#h year his fl%DGandhiE won C Os#ar awards to et#h its na%e in the history o fl%

    %aking ! 1982

    Tata alue ;o%es, a subsidiary o Tata ;ousing with o#us on aGordable

    housing, on '+ ugust '* entered into partnership with whi#h online

    seller to enable users to buy houses online !Snapdeal

    The &haratiya Janata 7arty (&J7) dropped veteran leaders tal &ihari

    as highest de#ision4%aking body, on '+ ugust '*. Thethree veterans, leading lights o the &J7 or nearly our de#ades, were

    dropped ro% its #entral ele#tion #o%%ittee too. The three leaders were

    however pla#ed in a new fve4%e%ber guidan#e panel along with 7ri%e

    5inister 6arendra 5odi and nion ;o%e 5inister 3as orbit on '9 ugust '* ! ,e/ ;ori@ons

    "heila 2ikshit tendered her resignation on '+ ugust '* as theovernor o whi#h state ! +erala

    The trustees o the -%ployees> 7rovident 1und Organisation (-71O) on '+

    ugust '* retained the rate o interest on provident und deposits or

    '*49. The %ove will beneft over 9 #rore subs#ribers a#ross the

    #ountry. What is this retained rate o interest ! 8D7>? per annum

    7ri%e 5inister 6arendra 5odi on 'C ugust '* laun#hed the a%bitious

    7radhan 5antri Jan 2han Mo

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    ?th3a

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    The %u#h4awaited %ini%u% %onthly pension o 3s. , and a higher

    wage #eiling o 3s. 9, or so#ial se#urity s#he%e run by retire%ent

    und %anager -%ployees> 7rovident 1und Organisation (-71O) #a%e into

    eGe#t ro% "epte%ber '*. This 3s. , pension s#he%e is being

    %ade available under whi#h s#he%e o -71O ! "mployees Pension

    Sheme 199> %"PS-9>&

    With the deal or selling an a%phibious landing sea4plane to India fnaliAed

    on "epte%ber '*, Japan would sell %ilitary hardware to a #ountry or

    the frst ti%e sin#e World War4II. What is the na%e o this sea4plane ! GS-

    2

    6ity, the 94s#rip ben#h%ark index o the 6ational "to#k -x#hange (6"-)

    #rossed whi#h %ilestone %ark or the frst ti%e on "epte%ber '*

    ! 85000 mar

    1or%er /hie Justi#e o India 7. "athasiva% is poised to be#o%e the new

    overnor o whi#h state, ater he a##epted the governorship o the state

    ! +erala

    Whi#h publi#4se#tor bank de#lared 8ingfsher irlines, its pro%oter i (based on the $" i#e bu#ket

    #hallenge), who has been honoured with an award by i/O6O, an

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    international #onederation o 6Os, and the nited 6ations

    ! #anAulatha +alanidhi

    The 3eserve &ank o India (3&I) #an#elled li#en#es o fve non4banking

    fnan#ial #o%panies (6&1/s) on ' "epte%ber '*. These 6&1/s in#lude

    ni#he% 1inan#e K -nterprises 7vt., "hi%ansu yaparik 8endra $td., "hree&hagwati 5arketing 7rivate $td. and "ureka Teknik 7rivate $i%ited. ll

    these 6&1/s are based in sa%e #ity. Whi#h #ity is this ! +olata

    What was the overall status o livesto#k population in the #ountry as

    stated in the ?th$ivesto#k /ensus or '' released on F "epte%ber

    '* ! O(erall deline of :D:? in li(esto population as

    ompared to 2007

    What was India>s position in the lobal /o%petitiveness 3eport '*49

    that was released on F "epte%ber '* by eneva4based World -#ono%i#1oru% (W-1) ! 71stD"witAerland was on#e again pla#ed as the %ost

    #o%petitive e#ono%y, ollowed by "ingapore and nited "tates.

    What is the na%e o the newly laun#hed do%ain na%e in 2evanagari

    s#ript that in#ludes C Indian languages in#luding ;indi and 5arathi

    ! Dharat domain

    What is the na%e o a deadly =Tro virus whi#h ha#ks and steals

    personal #redit and debit #ard data and is prowling in the Indian

    #yberspa#e as announ#ed on F "epte%ber '* by Indian #yber se#urity

    wat#hdog /-3T4In ! H)ao3

    Whi#h #ity sent highest nu%ber o students to Indian Institutes o

    Te#hnology (IITs) during '* as revealed in a detailed analysis by the Joint

    I%ple%entation /o%%ittee (JIT), released by IIT 8haragpur !aipur

    ollowed by 2elhi and ;yderabad. The data reveals that a%ong the states,

    whi#h have the %axi%u% #andidates Hualiying, ndhra 7radesh

    (C.F'0), 3a

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    What is the na%e o a new bran#h o l4Paeda that was announ#ed by the

    group on * "epte%ber '* to wage

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    The /o%petition /o%%ission o India (//I) during "epte%ber '*

    initiated an investigation against publi# se#tor general insurers and their

    asso#iation. The 7" insuran#e #o%panies against who% this investigation

    has been initiated in#lude 6ew India Insuran#e, Oriental Insuran#e, nited

    India Insuran#e and 6ational Insuran#e, as well as their #o%bine, theeneral Insurers> (7ubli# "e#tor) sso#iation o India (I7"). What is the

    reason or this investigation ! 'lleged anti-ompetiti(e praties

    relating to third-party administrators %.P's& in health insurane

    ommitted y these ompanies

    Indian online ashion retailer Jabong will %erge with our other fr%s to

    #reate a new global ashion e4#o%%er#e group as announ#ed by

    Invest%ent & 8innevik and 3o#ket Internet , the two investors in

    Jabong. What will be the na%e o the new group to be #reated with this

    %ega4%erger ! !loal ashion !roup %!!&DThe newly #reated e4#o%%er#e entity lobal 1ashion roup (1) will #o%bine fve ashion e4

    #o%%er#e businesses, na%ely 2afti ($atin %eri#a), Jabong (India),

    $a%oda (3ussia K /I"), 6a%shi (5iddle -ast) and Salora ("outh -ast sia

    K ustralia).

    The $aw 5inistry o India has opined that the overn%ent o India has all

    the powers to print #urren#y notes o 3e. deno%ination. Why the opinion

    o $aw 5inistry on this issue was taken ! .he *)I /as of the (ie/ that

    /ith the repeal of Setion 2 of the Curreny Ordinane5 the

    !o(ernment of India is not empo/ered to issue note ofdenominational (alue of one rupeeD

    The nion overn%ent during "epte%ber '* asked -xpenditure

    5anage%ent /o%%ission (-5/) to suggest an eGe#tive strategy or

    %eeting reasonable proportion o expenditure on servi#es through user

    #harges. The newly set up -5/ will have to review the %a

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    &arring a ew, %ost o the lie insuran#e #o%panies have dis#losed lower

    =persisten#y ratios> or the frst Huarter o the #urrent fs#al ended F June

    '* as also or the ull fnan#ial year ended F 5ar#h '*. What is the

    reason or lower =persisten#y ratio> ! ' ne/ standardised dislosure

    regime put in plae for insurane setor

    /hina last year relaxed its #ontroversial de#ades4old one4#hild poli#y whi#h

    was designed to #urb population growth as the #ountry grappled with

    loo%ing de%ographi# #risis with the in#rease in the nu%bers o old aged

    people. Till "epte%ber '* nearly ', #ouples have been allowed to

    have a se#ond #hild in &eis One /hild 7oli#y, whi#h was

    re#ently %odifed to %eet de%ographi# #hallenges. What are the %ain

    de%ographi# proble%s o the =One /hild 7oli#y> that /hina has been a#ing

    or years now ! Kider gender gap5 delining laour fore and an

    aging population

    What is the na%e o the world>s %ost expensive and eagerly awaited

    video ga%e, whi#h is expe#ted to be grabbed by a re#ord %illion

    players on the day o release on ? "epte%ber '* ! $estiny

    ter being in business or seven years, 1uture enerali $ie Insuran#e has

    reported its %aiden Huarterly proft during the Huarter ended F June

    '*. 1uture enerali $ie Insuran#e is the part o whi#h group ! uture

    !roup

    Whi#h state re#orded the astest growth rate a%ong Indian states during

    'F4* as dis#losed the newly released data by the /entral "tatisti#al

    OB#e (/"O) !#adhya Pradesh ollowed by ttarakhand and &ihar.

    Whi#h publi#4se#tor bank during "epte%ber '* sought per%ission o the

    3&I to laun#h #onta#t4less debit #ards whi#h would enable #usto%ers to

    #arry out so%e transa#tions without entering the pin nu%ber ! S)I

    "tate &ank o India ("&I) on C "epte%ber '* laun#hed its frst %ulti4#urren#y international debit #ard to allow #onsu%ers to use a single #ard

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    to pay in %ultiple #urren#ies. This #ard laun#hed in a tie4up with

    5aster/ard would, at present, enable #usto%ers to load how %any

    international #urren#ies in this #ard ! our

    2uring "epte%ber '* India a ree trade agree%ent (1T) in the area o

    servi#es and invest%ents with whi#h asso#iation o #ountries

    ! 'S"',%'ssoiation of Southeast 'sian ,ations&

    Whi#h two %ost4awaited new s%art phones were laun#hed by pple In#.

    on ? "epte%ber '* ! iPhone 6 and iPhone 6 Plus

    Whi#h state govern%ent oB#ially de#lared "epte%ber ? as =Himalaya

    Diwas> on ? "epte%ber '* ! Gttarahand

    What is the na%e o 8olkata4born &ritish author whose latest novel =The

    Lives of Others> was shortlisted or the prestigious 5an &ooker 7riAe

    '* ! ,eel #uherAee

    The 3eserve &ank o India (3&I) on ? "epte%ber '* fxed the %axi%u%

    age or 5anaging 2ire#tors and /hie -xe#utive OB#ers in private se#tor

    banks at :. This age fxation has been done pri%arily with regard to

    whi#h a#t to be #o%plied by the #o%panies ! .he Companies 't5

    201:

    ##ording to data released by the World 5eteorologi#al Organisation

    (W5O) the levels o #arbon dioxide in the at%osphere rose at the highest

    rate in nearly three de#ades in 'F. This in#rease in #arbon dioxide was

    the biggest in#rease in #arbon dioxide levels sin#e whi#h year ! 198=

    ="aral 3oAgar> #ards were laun#hed in West &engal during "epte%ber '*

    with the ai% to #reate a #o%%on pool o

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    The i#oni# ;5T range o wat#hes is on its way to be#o%e history as the

    nion overn%ent has de#ided to shut4down ;5T Wat#hes and ;5T

    /hinar Wat#hes $td. The two are the wholly4owned subsidiaries o ;5T

    $td. and are engaged in %anua#turer o ;5T wat#hes. In whi#h year ;5T

    wat#hes were introdu#ed ! 1961

    "tate &ank o India ("&I) has re#ently planned an in#entive plan or its

    e%ployees, whi#h, i i%ple%ented, would be the frst o its kind in the

    publi# se#tor banking spa#e. What plan is this ! .o roll out an

    employee sto option sheme %"SOS& for employees

    Whi#h private4se#tor bank announ#ed its uniHue =/ardless /ash

    Withdrawal> servi#e on "epte%ber '*, whi#h allows its #usto%ers to

    transer %oney ro% their a##ount to anyone in India with a %obile

    nu%ber ! ICICI )an

    The nion govern%ent on "epte%ber '* gave a go4ahead to the

    %u#h4awaited disinvest%ent in /oal India $td (/I$), whi#h #ould et#h over3s. 'F, #rore to the ex#heHuer. ;ow %u#h stake o /I$ will be divested

    ! 10?

    The -xpenditure 5anage%ent /o%%ission (-5/) was announ#ed in the

    nion &udget '*49 by 1inan#e 5inister run Jaitley. The -5/ will

    review the allo#ated and operational eB#ien#ies o govern%ent

    expenditure to a#hieve %axi%u% output and will give its interi% report

    within this fnan#ial year ('*49). Who has been appointed as the/hair%an o the -5/ ! )imal alan (1or%er 3&I overnor)

    India>s frst 7"4based all4wo%en &haratiya 5ahila &ank (&5&) was

    laun#hed by the then 7ri%e 5inister 5an%ohan "ingh on ? 6ove%ber

    'F. Who headed the #o%%ittee that prepared the blue4print or

    &haratiya 5ahila &ank ! #), *ao, or%er /52 o /anara &ank.

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    Whi#h #o%%ittee had %ade the i%portant re#o%%endation to provide a

    niversal -le#troni# &ank ##ount (-&) ea#h Indian #itiAen above the

    age o eighteen years by January '+ ! ,ahiet #or Committee

    The revival o the 8isan ikas 7atra (87) was announ#ed in the nion

    &udget '*49 on July '*. The nion ovt. is now planning to re4

    introdu#e the 87 ro% O#tober '*. The 87 was dis#ontinued ro%

    6ove%ber ' on the re#o%%endation o whi#h #o%%ittee>s ! .he

    Shyamala !opinath Committee

    On ' pril '* I21/ $i%ited and &andhan 1inan#ial "ervi#es 7rivate

    $i%ited were granted in4prin#iple approval or bank li#en#es out o a total

    '9 appli#ants or these li#en#es. Who headed the #o%%ittee to s#rutiniAe

    these '9 appli#ants !)imal alan

    The Tax d%inistration 3eor% /o%%ission (T3/), headed by

    7arthasarathy "ho%e, sub%itted its frst report during July '*. In this

    report it endorsed the re#o%%endation given by the i#oni# ??'

    #o%%ittee on Tax 3eor%s to abolish the post o 3evenue "e#retary in the

    5inistry o 1inan#e. Who headed that a%ous #o%%ittee on Tax 3eor%s inIndia ! *aAa Chelliah

    Who headed the #o%%ittee on /redit Inor%ation 3eports (/I3s), whi#h

    sub%itted its report to the 3eserve &ank o India (3&I) during 5ar#h '*

    !'ditya Puri, /hair%an o ;21/ &ank

    With the introdu#tion o /ore &anking "olution (/&"), it was expe#ted that

    #usto%ers o banks would be treated unior%ly at any sales or servi#e

    delivery point. It was, however, observed that so%e banks were

    dis#ri%inating against their own #usto%ers on the basis o one bran#h

    being designated as the =ho%e> or =base> bran#h. Who headed the

    #o%%ittee on /usto%er "ervi#es in &anks ('F), whi#h threw a%ple light

    on this issue ! #D $amodaran

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    Who headed the #o%%ittee on Tendulkar /o%%ittee %ethodology or

    esti%ating poverty, the report o whi#h was sub%itted to 7lanning

    /o%%ission on July '* ! CD *angaraAanD

    The 3eserve &ank o India (3&I) during January '* #onstituted an C4

    %e%ber expert #o%%ittee to review the governan#e o bank boards in

    India, whi#h in#ludes exa%ining the ownership and salary stru#ture o

    banks. Who headed this #o%%ittee ! P ,ai, or%er /hair%an and /-O

    o xis &ank

    ##ording to 6I/-1>s latest report on "outh4sia, India had the se#ond4

    highest nu%ber o #hild %arriages and the highest nu%ber o unregistered

    #hildren under age fve between ' and ''. Whi#h #ountry had the

    highest rate o #hild %arriages in the region during the #orresponding

    years ! )angladesh

    2rugs %anua#tured at the Indian plant o a huge /anadian generi# drug

    #o%pany #a%e under fre ro% the .". 1ood and 2rug d%inistration

    ("12) or serious Huality4related def#ien#ies. This #reated a huge urore

    in /anada. Whi#h drug #o%pany is this who>s &angalore plant #a%e underfre ! 'pote Corporation

    The integration o &order "e#urity 1or#e (&"1) with whi#h state level geo4

    inor%ati#s agen#y o u

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    in our %onths. $atorre and ellow %arine "alvatore irone are living at

    whi#h pla#e while a#ing their #ri%inal prose#ution in India ! .he Italian

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