GK Questions Asked in BOB Exam - 14th August 2014 By Gandhi Raveendra Reddy

Dear Friends, h
Here I am posting some of the questions of General Knowledge sections which was asked in Bank of Baroda Exam held on 14th August 2014 - both the Morning and Afternoon Sessions.

1. Plaster of Paris contains - Calcium Sulphate.
2. Chairman of Law Commission - Justice Ajit Prakash Shah
3. Foreign reserves are maintained by - RBI
4. Quantity of coins to be printed from mint is decide by - RBI
5. Vishu festival celebrated in - Kerela
6. Two States Book Author - Chetan Bhagat
7. Full Form of APMC - Agriculture Produce Market Committee
8. Supervisor of RRBs - NABARD
9. RTGS Maximum Limit - No limit
10. Insurance of bank account - DICGC
11. Set GDP target - 4.3%
12. Who among the following won 2012 Olympic gold? mexico
13. Pen PinterPrize - Salman Rushdie
14. Lallu Yadav political party name - RJD
15. What is currency change known as - Exchange Rate
16. Daniel Radcliffe famous for ? Harry Pottter
17. Credit Rating Agency - CIBIL
18. One question on SEBI
19. GDP rate in Economic Survey - 6.1% - 6.7% (2014)
20. Tobgay Shering have been PM of which country - Bhutan
21. One question on banking term
22. Messi national team - Argentina
23. Jinnah : Independence book author - Jaswant Singh
24. Secretary of US state - John Kerry
25. Dada Saheb Phalke award 2014 - Gulzaar ( but option was not given - answer was none of these ).
26. Largest state in terms of area - Rajasthan
27. Most literate city -
28. State having largest population - Uttar Pradesh
29. Who is Nirmala Sitaraman?
30. Okram Ibobi Singh is which state cm - Manipur
31. Cheque validity how many months - 3 months
32. Iraq asks which country to help against ISIS - USA
33. Author of Train to Pakistan - Khushwant Singh
34. Dyanchand award given which catagory - Sports
35. Acronym for SEZ -Special Economic Zone
36. What is India’s first Credit Information Company (CIC)? - CRISIL
37. Which bank is head of agriculture activities? - NABARD
38. One question on RBI
39. One question on Government of India
40. Ebola was spread from which country - West Africa
41. First Lok Sabha was held in which year - 1951
42. Headquarter of FAO - Rome
43. Anti-Trafficking and Drugs Day - 26 June
44. Full form of FIFA - Federation of International Footballer Association
45. Who is known as Little Master - Sunil Gavaskar
46. Filpe VI is in news because of what reason - New King of Spain
47. Mark&spencer is in which business - Apparal
48. Systematic Investment Plan is related to - LIC
49. In BRICS, "R" & "C" stands for? - Russia and China
50. Visa related question
51. Telangana state do not have border with - Madhya Pradesh
52. Call money time - 1 day
53. Which country supplies fuel for kudankulam plant ? - Russia
54. Which state's governor took the additional charge of the governor of Chhattisgarh ? - Madhya Pradesh
55. Rupay card - NPCI
56. Brics bank HQ - Shanghai
57. ISIS full form ? - Islamic State for Iraq and Syria
58. Micro, small and medium enterprises regulator ? - SIDBI

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Day To Day Current Affairs - 9th August 2014 By Gandhi Raveendra Reddy

Dear Friends,
This post includes the current affairs on 9th August 2104.
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Day To Day Current Affairs - 9th August 2014

1. India Ratings ups FY15 GDP forecast to 5.7%
i. India Ratings & Research revised its FY15 gross domestic product (GDP) growth forecast to 5.7 per cent from its April 2014 forecast of 5.6 per cent.
ii. “Even though the Union Budget FY15 has addressed certain supply-side issues plaguing the economy, we believe a single budget or one year’s policy reforms are not enough to ensure a non-inflationary, sustained and higher economic growth. Moreover, policy announcements take time to play out,” the rating agency said in a statement.
iii. We expect agricultural growth to drop to 1.3 per cent in FY15 (FY14: 4.7 per cent) on delayed as well as weak monsoon. Although the monsoon’s poor spread over space and time in June 2014 (43 per cent below average) recovered in July 2014, the deficiency continues to be 21 per cent,” the statement said

2. SEBI imposes penalty of 13 crore rupees on Reliance Industries Limited
i. The Securities and Exchange Board of India, SEBI has imposed a penalty of 13 crore rupees on Reliance Industries Limited for alleged irregularities in issuance of warrants by the company to its promoters.
ii. The case related to 2007 earnings and the company's repeatedly failed to disclose the key earnings ratio. SEBI began adjudication proceedings to probe the violation of relevant clauses under the Listing Agreement and the Securities Contracts (Regulation) Act for not disclosing the Diluted Earnings per Share.
iii. As per the terms of the Listing Agreement, the companies have to disclose these earnings in their quarterly statements filed with the stock exchanges.
iv. Noting that a specific quantum of any direct or indirect unfair gain made by RIL and the loss caused to the investors were not available on records, SEBI said it cannot ignore the fact that millions of shareholders/investors were deprived of correct disclosures.
V. This penalty comes a year after SEBI had imposed another fine of 11 crore rupees on Reliance Petroinvestments, a subsidiary of RIL, in an insider trading case.

3. RBI revises guidelines on mortgage guarantee companies
i. The Reserve Bank on Saturday revised guidelines for mortgage guarantee companies and said that guarantees provided by them may be treated as contingent liabilities, for which credit conversion factor would be 50 percent.
ii."While calculating capital adequacy of MGCs, mortgage guarantees provided may be treated as contingent liabilities and the credit conversion factor applicable to these contingent liabilities will be 50 percent as against the present 100 percent," RBI said in a notification.
iii. The revision of guidelines on mortgage guarantee companies came after RBI received representations from the industry.
iv. As per the extant guidelines, MGCs have to provide for a lower appropriation to contingency reserves if provisions made towards losses exceeded 35 percent of the premium or fee earned during a financial year, but it does not specify the exact level of such contingency reserves.
v. "In such a case, contingency reserves could go to a minimum of 24 percent of the premium or fee earned, such that the aggregate of provisions made towards losses and contingency reserves is at least 60 percent of the premium or fee earned during a financial year," the RBI said.

4. India to give grant of $1 million for construction of cricket stadium in Afghanistan
i. India is to give a grant of 1 million US dollars for construction of a cricket stadium in Afghanistan.
ii. The centre has given approval for the grant to construct the stadium in Afghanistan's southern province of Kandahar. A report says, the stadium is set to come up in Aino Mina, a northern suburb of Kandahar city on land donated to the Afghanistan Cricket Board in 2012.

5. Former Hockey Captain Ajitpal Singh to head Dronacharya Award Selection Committee
i. Three-time Olympian and former Hockey Captain Ajitpal Singh was selected as the Chairman of the Dronacharya Award Selection Committee on 7 August 2014.
ii. The committee will have 15 members, including 12 eminent sportspersons and three officials. The three officials -- Director General of the Sports Authority of India and a joint secretary and deputy secretary from the ministry -- will also be in the committee.
iii. The Dronacharya award is scheduled to be presented on 29 August 2014 (National Sports Day). The Committee will recommend the deserving sportspersons for the prestigious awards and a final decision vests with Union Sports Minister Sarbanand Sonowal.
iv. In 2013, the Dronacharya Award Selection Committee was headed by Mountaineer HPS Ahluwalia.

Note: Dronacharya Award instituted in 1985 by Government of India recognizes excellence in sports coaching. The award comprises a bronze statuette of Dronacharya, a scroll of honour and a cash component of 500000 rupees.

6. Munger through the Ages written by late DP Yadav released
i. A book entitled Munger through the Ages authored by late Devendra Prasad Yadav was released on 7 August 2014 at the Rashtrapati Bhavan in New Delhi. The first copy of the book was received by President of India Pranab Mukherjee.
ii. The President received the book by Dr. Karan Singh, the Chairman of ICCR, who formally released the book.

7. Miihier Singh to represent India at 48th Asian Bodybuilding Championship
i. Miihier Singh, who won the Mr India title this year, will represent the country in the 48th Asian Bodybuilding and Physique Sports Championship.
ii. The event is to be held at Macau in China, from August 26 to September 1. More than 350 athletes are expected to participate in the championship.
iii. The top five finishers will get a chance to participate in World Bodybuilding and Physique Championship to be held on November 23 at Balewadi Stadium in Pune.
iv. Miihier finished fourth in the last edition of the tournament held in Ho Chi Minh City, Vietnam, in 2013 and represented India at the 5th World Bodybuilding and Physique Sports Championships at Budapest, Hungary.

8. Indian Men thrash Bangladesh 5-1 in the second hockey match at Dhaka
i. The Indian Men's Hockey team thrashed Bangladesh 5-1 in the Second Test played at Dhaka today. With the win, India clinched the three-match test series against the hosts. India now expects a clean sweep by winning the third and last match of the series tomorrow.
ii. The goal scorers for India were: Harjeet Singh, Yuvraj Walmiki, SK Uthappa, Devender Sunil Walmiki and Affan Yousuf.

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Day To Day Current Affairs - 8th August 2014 By Gandhi Raveendra Reddy

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This post includes the current affairs on 8th August 2104.
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Day To Day Current Affairs - 8th August 2014

1. WHO declares Ebola epidemic a global emergency

i. The World Health Organisation today declared the killer Ebola epidemic ravaging parts of West Africa an international health emergency and appealed for global aid to help afflicted countries.
ii. The decision after a two-day emergency session behind closed doors in Geneva means global travel restrictions may be put in place to halt its spread as the overall death toll nears 1,000.
iii. WHO director Dr Margaret Chan, appealed for greater international aid for the country’s worst hit by the outbreak, which she described as the most serious in four decades, echoing an earlier claim by MSF that the “epidemic is unprecedented in terms of geographical distribution, people infected and deaths“.

Note: First discovered in 1976 and named after a river in what is now the Democratic Republic of Congo, Ebola has killed around two-thirds of those infected, with two outbreaks registering fatality rates approaching 90 per cent. The latest outbreak has a fatality rate of around 55 per cent.

2. RBI proposes 'anytime anywhere' bill payment system

i. The Reserve Bank of India (RBI) on 7 August 2014 issued draft guidelines for implementation of Bharat Bill Payment System (BPPS), an anytime anywhere bill payment system. The proposed guidelines describe the basic requirements of operating the BBPS.
ii. Bharat Bill Payment System is intended for the implementation of a unified bill payment system across the country.
iii. It would enable the customers to pay the bills with the help of agents and getting instant confirmation of the payment made. School fees, municipal taxes and utility bills payments would become easier now.

This integrated bill payment system will comprise of two entities:
i. Entity operating at Bharat Bill Payment System (BBPS) will be setting up the standards related to payments, clearance and settlement process
ii. Second entity would be Bharat Bill Payment Operating Units (BBPOUs). It will be carrying out the operations in adherence to the standards fixed by BBPS.
iii. Authorised entities such as agents, banks, service providers, payment gateways would be the participants at the Bharat Bill Payment System.

Bill Payment in India
Generally, most of the retail transactions are carried out through bill payments. The G. Padmanabhan Committee was formed by RBI to study the Feasibility of Implementation of GIRO-based Payment Systems anticipated that around 30800 million bills amounting to more than 600000 crore rupees are paid each year in 20 Indian cities.

3. ASEAN foreign-minister-meeting to kick off in Myanmar
i. Foreign ministers of the Association of Southeast Asian Nations (ASEAN) have gathered in Myanmar's capital of Nay Pyi Taw for their 47th meeting and related meetings due to begin later on Friday.
ii. As the ASEAN Chair for 2014, Myanmar Foreign Minister U Wunna Maung Lwin will preside over the meeting.
iii. Marking the 47th ASEAN Day, Myanmar President U Thein Sein will deliver a keynote address on the occasion.
iv. The annual ASEAN Foreign Ministers Meeting (AMM) at the Myanmar Convention Center will also brings their counterparts from dialogue partner countries to discuss political, security and developmental issues that have significant impact on the region, said a press release of the bloc.
v. Following the AMM, ASEAN Foreign Ministers will meet with their counterparts of the bloc's dialogue partners on Saturday that include Australia, Canada, China, European Union (E.U.), India, Japan, South Korea, New Zealand, Russia and the United States.

4. IDFC appoints Ravi Shankar as head of Bharat Banking
i. Ravi Shankar joined infrastructure finance company IDFC as the head of Bharat Banking with effect from August 8, 2014.
ii. IDFC, which recently bagged a commercial banking licence, plans to start bank operations by October next year.
iii. With about 29 years of experience across sectors, Shankar will be responsible for conceptualizing and building the rural and inclusion business at IDFC Bank, IDFC said in a statement.
iv. Prior to IDFC, Shankar was head of business and marketing at Fullerton India Credit Co Ltd and Senior Vice-President at TNS India Pvt Ltd.
v. Prior to IDFC, Shankar was head of business and marketing at Fullerton India Credit Co Ltd and Senior Vice-President at TNS India Pvt Ltd.
vi. He holds a bachelor’s degree in economics and a post-graduate diploma in management.

5. Kapil Dev to head Arjuna Award selection committee

i. Former India cricket captain Kapil Dev will head the Arjuna Awards selection committee for choosing this year's outstanding sportspersons of the country while former hockey skipper Ajitpal Singh is likely to be in charge of selecting the Dronacharya awardees.
ii. While Kapil, who bagged 434 wickets in 131 Tests in his 16-year-long career, got the Arjuna in 1980, former Olympian Ajitpal was conferred the Award in 1970, and awarded it in 1972.
iii. A source in the sports ministry said the government had issued a notification in writing to all persons concerned. The awards will be conferred on National Sports Day which is August 29.
iv. Each committee will have 15 members, including 12 eminent sportspersons and three officials.

6. National rural scheme on PPP model launched
i. Rural Development Minister Nitin Gadkari today launched the Shyama Prasad Mukherjee National Rural Mission on PPP model with an allocation of 100 crore rupees.
ii. The scheme will be initially available in three districts of the country on pilot basis. The districts are Warangal in Andhra Pradesh and two districts in Maharashtra.
iii. The scheme is intended to stop migration from rural areas to cities. He said that the government wants to create infrastructure in villages so that people can get employment there and do not migrate to cities.

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Day To Day Current Affairs - 7th August 2014 By Gandhi Raveendra Reddy

Dear Friends,
This post includes the current affairs on 7th August 2104.
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Day To Day Current Affairs - 7th August 2014

1. 18th BASIC Ministerial Meeting begin from today

i. Environment Ministers of BASIC countries will meet in New Delhi to discuss important issues relating to current United Nations Framework Convention on Climate Change (UNFCCC) negotiations.
ii. The 18th BASIC Ministerial Meeting will be held on August 7-8, 2014 at New Delhi.

Note:
i. The 17th BASIC Ministerial Meeting on Climate Change was held in Hanzghou, China in October last year.
ii. India hosted the 14th BASIC Ministerial Meeting on Climate Change on in February 2013 at Chennai which was attended by representatives from Brazil, South Africa, India and China.

2. Norms tightened for asset reconstruction companies
i. The Reserve Bank of India (RBI) has tightened norms for asset reconstruction companies to improve discipline and bring about transparency in the sale and purchase of bad loans.
ii. Now, asset reconstruction companies (ARCs) will have to pay upfront 15 per cent of the bid value of non-performing loans, against five per cent earlier.
iii. Also, those planning to buy bad loans will get more time (at least two weeks) to carry out due diligence before bidding for stressed assets. So far, banks have enjoyed complete discretion in deciding the time frame for due diligence.
iv. RBI said ARCs would get up to six months to plan recoveries from the non-performing assets acquired. Currently, ARCs get about a year for this.

3. Mizoram Governor Kamla Beniwal removed
i. Pranab Mukherjee, the President of India removed Kamla Beniwal the Governor of Mizoram on 6 August 2014. She was removed two months before her tenure was supposed to end.
ii. The President directed that Beniwal shall cease to hold the office and gave additional charge of the office to Vinod Kumar Duggal, Governor of Manipur.
iii. Duggal will discharge the functions of the Governor of Mizoram in addition to his own duties, until some regular arrangement for the office of Governor of Mizoram is made.

4. Aditya Vardhan Agarwal, new Vice-President of Indian Chamber of Commerce
i. Aditya Vardhan Agarwal, Director, Emami Group, has been nominated and appointed as the Vice-President of the Indian Chamber of Commerce.
ii. He is the Honorary Consul of the Republic of Ethiopia in Kolkata. Earlier, he served as an Executive Committee Member of Assocham and as a Director of the West Bengal Industrial Development Corporation.

5. Union Cabinet approved the Juvenile Justice Bill, 2014 to amend the Juvenile Justice Act, 2000
i. The Union cabinet on 6 August 2014 approved the Juvenile Justice (Care and Protection of Children) Bill, 2014 to amend the Juvenile Justice (JJ) Act, 2000. The Union government plans to introduce the bill in the Monsoon session of Parliament.

Age of a Juvenile in the JJ Bill, 2014

i. The bill will treat minors above the age of 16 as adults, who are accused of heinous crimes like rape and murder. The JJ Act, 2000 treats any person below the age of 18 as juvenile.

ii. The bill empowered the Juvenile Justice Board to decide whether a minor would be tried in a regular court or sent to a correctional centre.

iii. The bill provides that if a minor is sent to regular court, he would not be sentenced to life or death if found guilty. Currently, the maximum punishment under the Juvenile Justice Act is three years confinement at correctional homes.

6. Arijit Basu is new MD & CEO of SBI Life Insurance
i. Arijit Basu has taken over as Managing Director and CEO of SBI Life Insurance, from Atanu Sen, who retired on July 31, 2014, said the company in a release issued on Wednesday.
ii. A graduate in Economics and MA in History, Basu started his career with State Bank of India in 1983 as a Probationary Officer.
iii. He has over three decades of experience in the banking sector.

7. Padho Pardesh scheme for minority community
i. Minority Affairs Minister Najma Heptullah has said the government has launched a scheme titled, Padho Pardesh, for providing interest subsidy on educational loans for overseas studies for students belonging to the notified minority communities like Muslims, Christians, Sikhs, Buddhists, Jains and Parsis.
ii. She said the objective of the scheme is to award interest subsidy to meritorious students belonging to economically weaker sections of the notified minority communities so as to provide opportunities for higher education abroad and enhance their employability.
iii. The Minister said under the scheme, 100 per cent interest subsidy will be provided on the interest payable on the education loan availed for the period of moratorium, which includes the course period plus one year or six months after getting the job, whichever is earlier.

8. Vladimir Putin signed decree baning imports of agricultural products from West
i. Russian President Vladimir Putin on 6 August 2014 signed a decree that bans imports of agricultural products from all countries that have imposed sanctions on Russia over the crisis in Ukraine. Major sanctions were made by the US and EU.
ii. Putin by targeting the western food exports aims to ensure the safety of Russia and this move threatens to upset trade worth tens of billions of dollars.
iii. Ban on the food imports, should continue for up to one year. The decree that immediately came into force asked the government to draw up a detailed list of products that would be banned.

Background
The Western Nations like the US and European Union (EU) has imposed several sanctions on Russia after alleging that Russia is supporting the rebels of Ukraine. They imposed asset freezes and loan bans on a score of individuals and companies.

9. 8 injured in blast at NTPC plant
i. Eight persons, including two engineers, sustained burn injuries in a blast on Wednesday evening in a pipeline at one of the units of an NTPC plant in Korba district of Chhattisgarh, police said.
ii. The incident occurred at around 9 P.M. at Unit No.7 of the National Thermal Power Corporation (NTPC) plant when labourers and engineers were at work there, a senior police official told reporters.

10. Chandra Shekhar Ghosh, CMD of Bandhan won ‘Entrepreneur of the Year’ award
i. Chandra Shekhar Ghosh, CMD of Bandhan, has received the ‘Entrepreneur of the Year’ award from the All India Management Association (AIMA).
ii. Among the other awardees of the year were M G George Muthoot, Chairman, Muthoot Group (Emerging Business Leader of the Year), N Chandrasekaren, CEO & Managing Director, TCS (Indian MNC of the Year), Rakeysh Omprakash Mehra, Film Producer, Director of Bhaag, Milkha Bhaag (Director of the Year) and S. S. Badrinath, Founder and Chairman, Emeritus of Sankara Nethralaya (Outstanding Institution Builder).

11. SEBI gets powers to clamp down on fraudulent deposit schemes
i. The Securities Laws (amendment) Bill, 2014, which was approved unanimously by the Lok Sabha on Wednesday, allows SEBI to issue disgorgement orders.
ii. SEBI, in its little over two decades of existence, has issued disgorgement orders only on two occasions; once, in 2006, during the IPO irregularities issue, and for the second time in the Satyam Computer scandal.
iii. The money collected will now be parked in SEBI’s Investor Protection and Education Fund.
iv. This fund should not be confused with the Investor Education and Protection Fund that has been set up under the company law, Finance Minister Arun Jaitley clarified during a parliamentary discussion on the Bill.
v. “They are two separate funds. The IEPF under SEBI will have disgorged monies from the regulator’s directions. The other investor protection fund maintained under the company law is mainly unclaimed dividends,” Jaitley said.

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Day To Day Current Affairs - 6th August 2014 By Gandhi Raveendra Reddy

Dear Friends,
This post includes the current affairs on 6th August 2104.
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Day To Day Current Affairs - 6th August 2014

1. Cartoonist Pran, creator of iconic Chacha Chowdhury, dead
i. Eminent cartoonist Pran Kumar Sharma, popularly known as Pran, who gave life to lovable comic characters Chacha Chaudhury and his friend Sabu, is no more
ii. Pran succumbed to cancer early this morning at a hospital in Gurgaon, according to his publisher Diamond Comics. He was 75. "Pran passed away at 9 AM at the Medanta hospital. He had been suffering from cancer of the intestine for the past eight months.
iii. He is survived by a son and a daughter," Gulshan Rai, Publisher, Diamond Comics, told reporters.
iv. Born in Kasur, near Lahore in Pakistan in 1938, Pran began his career in 1960 as a cartoonist for the Delhi-based newspaper 'Milap' with comic strip 'Daabu'. In 1969, Pran sketched Chacha Chaudhary for the Hindi magazine 'Lotpot', which made him famous. "Pran was making small cartoons for newspapers when I first contacted him in 1981.

2. Doordarshan signs pact with German channel
i. In an effort to distribute its content to international markets, DD India has signed an agreement with German public service broadcaster Deutsche Welle (DW).
ii. This agreement will help India’s public broadcaster get a global footprint with its programmes becoming part of the Free-to-Air basic pack on a DTH platform.
iii. Under this agreement, DD’s overseas channel will be available on the DTH platform of Hotbird-13 B satellite and DW-TV will be distributed on DD Freedish. This will be the first time in the history of Prasar Bharati that DD programmes will be available on an international DTH platfo rm.
iv. DD’s international channel will be beamed across 120 million households in Europe, Northern Africa, Central Asia as well as West Asia. Prasar Bharati has paid about ₹90 lakhs to DW under this agreement

3. Lok Sabha passes Securities Laws (Amendment) Bill
i. A Bill to enhance the powers of market regulator SEBI to curb the menace of Ponzi schemes and protect investors from fraudulent diversion of monies raised from them was passed by Lok Sabha here on Wednesday.
ii. Replying to the discussions on the Bill, Jaitley said that the Prime Minister Narendra Modi will in the next few days announce a financial inclusion project that would seek to open two bank accounts in each of the 7.5 crore families identified for the exercise, which will be undertaken on a mission mode.

4. Fifth India-US Energy Summit to focus on renewable energy
i. Renewable energy and energy security would be the focus of the two-day annual India-US Energy Summit to be held here next month.
ii. Noting that energy security is critical for both the US and India, Dr R.K Pachauri, president of The Energy and Resources Institute North America (TERI NA), said the two countries must work together, both in energy security as well as on policy fronts, so as to bring in some positive changes.
iii. The two-day event from September 30 being organised by TERI and Yale University is likely to be attended by top officials and energy experts from both the countries.
iv. Prime Minister Narendra Modi, who is expected to be in the city to meet President Barack Obama, has been invited to address the meeting in energy, a subject close to his heart.
v. According to a TERI statement, the focus of the Summit will be on bilateral cooperation in the energy sector and related areas.

5. Banks’ Tier-I capital need for 5 years surges to Rs.20,000 cr: ICRA
i. With the capital requirement of Indian banks likely to go up gradually till 2018-19 (FY2019), Tier I issuances are likely to increase significantly till that year, according to an ICRA report
ii. Tier I issuances include common Equity and additional Tier I or AT1.
iii. While the AT1 requirement for this fiscal year 2015 would be around Rs. 20,000 crore, in subsequent years, the annual requirement could be as high as Rs. 40,000 crore – 50,000 crore, the rating agency said in a statement.
iv. However, these instruments come with significant risk. The guidelines of the Reserve Bank of India (RBI) on Basel III introduce stringent loss absorption clauses for hybrid instruments so that loss absorption kicks in before the “public injection of funds”.
v. While both Tier I and Tier II instruments have significant loss absorption features, Tier I instruments are meant to absorb losses on a going concern basis, and therefore, the loss absorption trigger kicks in fairly early.

6. ICICI Bank launches travel card for students going abroad for studies
i. ICICI Bank, the country’s largest private sector bank, has announced the launch of the ‘ICICI Bank Student Travel Card’, which enables students going abroad for higher studies to take care of their expenses.
ii. “The card offers both students and parents a convenient, safe and hassle-free way to manage their education-related expenses abroad. While it helps the students pay for expenses such as application fee, university admission and other course-related fees, hostel fee and day-to-day living expenses, their parents can reload the card from India. Also, the card allows withdrawal from ATMs across the globe in local currency,” the bank said in a statement.
iii. The unique feature of the card is that it is bundled with membership of the International Student Identity Card (ISIC). ISIC is the only internationally accepted proof of full-time student status and offers 40,000 benefits and discounts at 120,000 merchant outlets across 130 countries.
iv. ICICI Bank Student Travel Card is available in the dollar, pound, euro, Australian dollar and Canadian dollar. It is valid for three years and can be applied for from any foreign exchange-enabled ICICI Bank branch. Anyone, including non-customers, can apply for this card.

7. Angela Nemeth, the 1968 Olympic javelin champion died
i. Angela Nemeth, the 1968 Olympic Javelin champion of Hungary died in 5 August 2014 after a long illness. She was 68.
ii. She won a Javelin throw gold medal in 1968 Summer Olympics in Mexico City, Mexico with career best throw of 60.36meter. Till date, she is the only Hungarian woman to win an Olympic title in a throwing event.

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Day To Day Current Affairs - 3rd and 4th August 2014

Dear Friends,
This post includes the current affairs on 3rd and 4th August 2104.
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Day To Day Current Affairs - 3rd and 4th August 2014

1. India, Nepal ink 3 pacts; work on Pancheshwar dam to start soon
i. Prime Minister Narendra Modi on Sunday met his Nepalese counterpart Sushil Koirala during which the two sides inked three agreements, including one on the 5,600 MW Pancheshwar Multipurpose Project that will pave the way to start the stalled project.
ii. Modi, who arrived here this morning on his maiden official visit to Nepal, met Koirala at Singha Durbar Secretariat.
iii. The two leaders discussed various issues including Nepal's peace process and constitution-drafting process as well as economic issues. They also discussed various facets of mutual relations and issues of common interest.
iv. Nepal and India has also signed three separate Memorandum of Understandings during the bilateral talks held between the delegations led Modi and Koirala.
v. Under the first agreement, India would provide Rs 65 million to procure and distribute iodised salt in the rural areas of Nepal. This would be the extension of the ongoing goiter control project being implemented under India's grant.
vi. The two governments also signed MOU regarding the amendment of Terms of Reference (ToR) of the Pancheshwar Multipurpose Project on the Mahakali river.
vii. Under the agreement, the two countries have agreed to move forward works relating to Pancheshwar Development Authority by declaring Pancheshwar authority regulation.
viii. The project falls under the integrated treaty on Mahakali River, bordering both Nepal and India, which was signed in 1996. It could not be developed earlier as the two countries could not decide on the terms of reference.

2. PM offers $1 bn credit to Nepal
i. Prime Minister Narendra Modi who is on an official visit to Nepal offered a line of $1 billion credit to the Himalayan nation, a minister said Sunday.
ii. The fund is for road and hydro-power projects, Nepalese Finance Minister Ram Saran Mahat briefed the media.
iii. Modi is on a two-day visit to Nepal which is expected to strengthen bilateral and regional ties between the two neighbouring countries.

3. English marks in CSAT-II will not be included for gradation: govt

i. English marks in CSAT-II will not be included for gradation or merit and 2011 candidates may get a second chance to appear for the test next year, the government announced in the Lok Sabha on Monday seeking to defuse the UPSC row that has seen the aspirants on the warpath.
ii. Government is of the opinion that in the Civil Services Preliminary examination, Paper-II, the marks of the question section on ‘English Language comprehension skills’ should not be included for gradation or merit,” Minister of State for Personnel Jitendra Singh said seeking to mollify the agitating candidates.
iii. In a brief statement Mr. Singh said, “Candidates, who appeared in Civil Services Examination 2011, may be given one more attempt in 2015.”
iv. Parliament has witnessed repeated uproar and several adjournments in the past few days over the issue.
v. There are two compulsory papers of 200 marks each in the preliminary examination. These papers are also known as CSAT-I and CSAT-II.
vi. The CSAT-II paper carries questions on comprehension, inter-personal skills including communication skills, logical reasoning and analytical ability, decision-making and problem- solving, general mental ability, basic numeracy, and English language comprehension skills (of Class X level).
vii. Students have been objecting to the level of aptitude and English language questions being asked in the examination claiming they are much above the standard prescribed for the examination.
viii. The civil services examination is conducted by the Union Public Service Commission (UPSC) in three stages — preliminary, main, and interview — to choose candidates for Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS), among others.

4. Ramon Magsaysay Award 2014 announced
i. The prestigious Ramon Magsaysay Awards for year 2014 was announced.. The list of awardees included six winners among five individuals and one organization from Pakistan.
The 2014 Awardees are:
i. Hu Shuli: She is a Chinese investigative journalist whose work has led to the ouster of corrupt officials. She is the founder and former editor of Caijing a business magazine famed for its groundbreaking investigative reporting that has had a profound impact on China.
ii. Saur Marlina Manurung: She is being recognized for her ennobling passion to protect and improve the lives of Indonesia’s forest people, and her energizing leadership of volunteers in SOKOLA’s customized education program. She put up a Jungle School program for children of Indonesia’s Orang Rimba, or forest people.
iii. Omara Khan Masoudi from Afghanistan: He is being recognized for his courage, labour, and leadership in protecting Afghan cultural heritage. Masoudi was awarded for his courage in protecting Afghan cultural heritage.
iv. The Citizens Foundation from Pakistan: It is a non-profit organisation (NGO) in Pakistan founded by six business leaders. It was recognized for building 1000 schools over hundreds of cities and towns in the country with the world’s second highest number of children who are out of school.
v. Wang Canfa from China: Wang Canfa founded the Center for Legal Assistance to Pollution Victims, which has offered free legal services to thousands of people and provided environmental law training to lawyers and others.
vi. Randy Halasan for Emergent Leadership from the Philippines: He was chosen for the award for serving the indigenous Matigsalug tribe. He put in huge efforts in teaching the children of the Matigsalug tribe in one of the remotest mountain villages in Mindanao.

About Ramon Magsaysay Awards
i. The award was established in 1957. The Ramon Magsaysay Award is Asia’s highest honor and is widely regarded as the region’s equivalent of the Nobel Prize.
ii. It celebrates the memory and leadership example of the third Philippine president after whom the award is named.
iii. The award is given every year to individuals or organizations in Asia who manifest the same selfless service that ruled the life of the late and beloved Filipino leader.

5. WFI suspends tainted referee Virender Malik
i. Wrestling Federation of India on Monday suspended referee Virender Malik, who was detained on charges of alleged sexual assault in Glasgow during the recently-concluded Commonwealth Games, with immediate effect.

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6. WFI suspends tainted referee Virender Malik
i. Wrestling Federation of India on Monday suspended referee Virender Malik, who was detained on charges of alleged sexual assault in Glasgow during the recently-concluded Commonwealth Games, with immediate effect.
ii. The president of WFI, Brij Bhushan Sharan Singh took the decision to suspend the tainted official but the Federation would wait for details from Scotland police before making his ban permanent.
iii. “The news of Malik’s arrest came and since it was a Sunday and the office was close, the decision to suspend Malik was taken on Monday by the WFI president. The first thing the President did today was issue a suspension against Malik with immediate effect,” Assistant secretary of WFI, Vinod Tomar told PTI.

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31 July 2014 - Day To Day Current Affairs by Gandhi Raveendra Reddy

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This post includes the current affairs on 31st July 2104.
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31 July 2014 - Day To Day Current Affairs by Gandhi Raveendra Reddy

1. Gen Dalbir Singh Suhag is new Army Chief

i. Lieutenant General Dalbir Singh Suhag has taken over as the new Army chief. He succeeded the incumbent General Bikram Singh.
ii. General Singh handed over the baton of charge to him today. 59-year-old Lieutenant General Suhag, a Gurkha officer who had participated in the 1987 Indian Peace Keeping Force operation in Sri Lanka, will have a 30-month tenure.
iii. He was made the Vice Chief of Army Staff in December last year before which he was the Eastern Army Commander.

2. John Kerry, Sushma Swaraj co-chair fifth Strategic Dialogue

i. External Affairs Minister Sushma Swaraj and U.S. Secretary of State John Kerry on Thursday co-chaired fifth Indo-US Strategic Dialogue during which the two sides discussed “transformative initiatives” in key areas of security and energy.
ii. The two leaders held nearly an hour-long restricted meeting before they were joined by their delegations comprising senior representatives from various ministries including energy and trade.
iii. Ahead of the Dialogue, Mr. Kerry along with Commerce Secretary Penny Pritzker met Finance and Defence Minister Arun Jaitley.
iv. The U.S. Secretary of State’s visit is first high-level interaction at the political level after the new government came to power.
v. The visit two months ahead of Prime Minister Narendra Modi’s trip to the US is aimed at instilling some vigour in bilateral ties, which appeared to have lost momentum in the final years of the UPA regime.

3. PM to launch govt's financial inclusion campaign
i. Prime Minister will launch the government's campaign for financial inclusion to ensure banking service to 7.5 crore households in the country.
ii. Addressing a press conference at Vigyan Bhawan in New Delhi today Finance Minister Arun Jaitley said that government objective is to reach every household possible and have at least two account holders in every house.
iii. He said that the government is also trying to expand the mobile telephony banking system and efforts are being made in this direction to made it available on all phones.
iv. Earlier, Mr Jaitely held a meeting with the Chief Executive Officers (CEOs) of Public Sector Banks and Financial Institutions at Vigyan Bhawan in New Delhi.
v. He said that in some areas regular branches will be created and where it is not possible smaller branches manned by one or two people would be set up.

4. New Delhi to host 3rd India-Africa Summit this year
i. New Delhi will host the Third India-Africa Forum Summit, IAFS-III, on the 4th of December this year. This follows the decision taken at its Second Summit in the Ethiopian capital Addis Ababa in 2011.
ii. Giving this information in the Rajya Sabha today, External Affairs Minister Sushma Swaraj said preparations for the IAFS-III have begun in consultation with the African Union. Ms, Swaraj said the Declaration and Framework of Cooperation will be finalised in consultation with the African Union.

5. Petrol price cut by Rs 1.09 a litre
i. Oil marketing companies have slashed retail selling price of petrol by Rs 1.09 a litre in Delhi, with a corresponding decrease in other states due to the strengthening of the Indian rupee vis-à-vis the US Dollar. The price cut will be effective from midnight July 31/August 1.
ii. Price of diesel sold to bulk customers like railways has also been reduced by Rs 0.71 a litre at Delhi (including VAT), with a corresponding decrease in other states.
iii. However, the retail selling price of diesel for normal customers has been increased by Rs 0.56 a litre (including VAT) in Delhi. The increase is as per the January 2013 Government directive to increase diesel prices.

6. HDFC Bank launches ‘secure banking’ in Kerala
i. HDFC Bank has launched its ‘secure banking’ in Kerala aimed at creating customer awareness about safe banking practices.
ii. The programme will initially be held across 12 branches in Thiruvananthapuram district and the surrounding areas.
iii. It will eventually be rolled out across all 139 branches in the State, Dhiraj Relli, Branch Banking Head, HDFC Bank.

7. Sushilarani Patel, a Classical singer died at 96
i. Sushilarani Patel, the renowned classical singer of India died at her Bandra home due to heart attack. She was 96. She in 2002 became a Sangeet Natak Academy laureate.
ii. Patel, a widow of Baburao Patel was living alone in her Bandra home since his death in 1982 and was cared by her disciplines as she had no close relatives. Baburao Patel was the person, who ran India’s first Bollywood trade journal FilmIndia.

8. Eminent Hindi littérateur Madhukar Singh died at 87
i. Madhukar Singh, an eminent Hindi littérateur died at his residence in village Dharahara of Bhojpur district on 21 July 2014. He was 87.
ii. He was bedridden since many years after a paralytic attack and is now survived by three daughters and three sons

About Madhukar Singh
• In 1970s Madhukar Singh led Samantar Kahani Andolan in story writing along with Kamleshwar, a noted writer and others
• He extensively wrote about rural downtrodden workers and farmers
• Singh wrote about 35 books and it included 17 collections of stories and 13 novels

9. Sabine Lisicki sets record of fastest serve in women's tennis
i. German Sabine Lisicki created a record of fastest serve in the women’s tennis.
ii. The world No 29 Lisicki set the record by serving at 131 miles per hour during the first-round loss in the Bank of the West Classic Stanford, USA. However, she lost the game played against Ana Ivanovic 7-6 (7-2) 6-1.

Note: The previous record of fastest serve in women’s tennis was held by Venus Williams achieved at the 2007 US Open, at a speed of 129 miles per hour.

10. Cricket: Kallis retires from all formats of game

i. Jacques Kallis, considered one of the greatest all-rounders of all times, today announced his retirement from all formats of international cricket.
ii. In a statement released today he thanked Cricket South Africa, the team, the team sponsors, the fans and all the people who have been involved in his career. He said,It has been an amazing journey.
iii. Kallis said that he is not retiring from all cricket as he has a two-year contract with the Sydney Thunder. He added that if possible, he would help the Kolkata Knight Riders defend the IPL title.

11. England beat India by 266 runs
i. With two test matches passing pacy, India lost to England third Test at Southampton by 266 runs on Thursday.
ii. England have now level the series 1-1 against India.
iii. India were bowled out for 178 before lunch, Moen Ali adding four more wickets to his two from the previous evening for career-best figures of 6-67.
iv. The result ends a run of 10 Tests without a victory for Alastair Cook's side dating back to last summer and squares the five-match series at 1-1 heading to Old Trafford in a week's time.

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Day To Day Current Affairs - 1st August 2014 by Gandhi Raveendra Reddy

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This post includes the current affairs on 1st August 2104.
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1st August 2014 - Day To Day Current Affairs by Gandhi Raveendra Reddy

1. S. S. Mundra takes charge as RBI deputy governor

i. Reserve Bank of India's new deputy governor S S Mundra has been given charge of banking supervision, currency management, financial stability and rural credit. The government on Thursday notified his appointment for a period of three years.
ii. Prior to taking charge Mundra was chairman of Bank of Baroda, the country's second large bank. He had begun his career as a probationary officer in Bank of Baroda in March 1977.
iii. During a banking career he held various positions including heading the bank's European operations (UK) before being elevated as Executive Director of Union Bank of India in September 2010 and further as Chairman of Bank of Baroda in January 2013.
iv. The position of deputy governor had fallen vacant in March after former deputy governor KC Chakrabarty put in his papers three months before his term ended.

2. CWG 2014: Vikas Gowda wins India's first athletics medal in Glasgow

i. Vikas Gowda gave India its first athletics gold medal of the 20th Commonwealth Games by winning the men's discuss throw event on Friday.
ii. The 31-year-old US-based Indian pocketed the gold with an effort of 63.64m, way below his personal best effort of 66.28m, under incessant rain at the Hampden Park.
iii. The silver went to Apostolos Parellis of Cyprus who threw the discuss to 63.32m, while the bronze was bagged by Jason Morgan of Jamaica with an effort of 62.34m.
iv. Gowda, who won a silver in the 2010 Delhi Games, registered his best effort in his third attempt, which proved to be enough for him to ran away with the yellow metal.

3. One Life is Not Enough written by Natwar Singh released
i. One Life is Not Enough: An Autobiography written by Kunwar Natwar Singh was published on 1 August 2014. The book is an autobiography of the former External Affairs Minister and senior Congress Party leader Natwar Singh.
ii. This autobiography has been in news and debate since past few days because it reveals much information about Sonia Gandhi, the President of the Congress Party. The book has been published by Rupa.
iii. In the autobiography, Natwar Singh has shared his experiences on several events in the political corridors of Delhi. He has also described his early years as a diplomat, his proximity to former Prime Ministers Indira Gandhi and Rajiv Gandhi, but more pertinently, say sources, to events post-Rajiv Gandhi’s assassination in 1991.
4. CWG: Pinki Rani bags first medal in Boxing

i. Pinki Rani in the 48 to 51 kg category bagged a bronze. She lost in the semi final to Michaela Walsh from Northern Ireland making her eligible for a bronze medal.
ii. This is the first medal from boxing. 4 other Indian pugilists will also be seen in semi final action tonight. The pugilists are Vijender Singh in 75 kg, Devendro Laishram in 49 kg, Manpreet Jangra in 69 kg, Laishram Devi in the 57 to 60 kg.
iii. In Badminton, 5 Indian shuttlers PV Sindhu, P. Kashyap, Srikanth K., RMV Gurusaidutt and PC Thulasi will play for semi-final berths today. The duo of Jwala Gutta and Ashwini Ponnappa will also play in the quarterfinals of Women's Doubles.

5. Sardar Singh suspended after second offence

i. In a huge jolt to Indian men hockey team’s chances in the Commonwealth Games, captain Sardar Singh has been suspended for the semi-final match against New Zealand on Saturday following his second dangerous offence of the tournament.
ii. Sardar, who has already been reprimanded for dangerous play against an Australian player, received a yellow card in Thursday’s pool A match against South Africa — which India won 5-2 — and the jury originally slapped him a two-match suspension as it was his second offence of the tournament.
iii. After an appeal by the Indian team management, the appeal jury reduced the suspension to one match.

6. Indo-Russia pact planned for new BrahMos missile version
i. Supersonic cruise missile manufacturer BrahMos Aerospace on Friday said it is hopeful that a pact to develop a sleeker and faster 'mini' version of the missile will be signed during Russian President Vladimir Putin's visit to India in December this year.
ii. The new BrahMos CEO said he was expecting that the missile would be inducted into the services by 2017 and "there would be a huge market for the new missile in India, Russia and friendly foreign countries".
iii. The Su-30MKI is undergoing modification so as to carry the strike weapon in its belly in partnership with the HAL. The Indo-Russian joint venture firm was set up in 1998.

7. Lucknow-New Delhi double-decker train soon
i. A double-decker train will run between the state capital and New Delhi from September this year after trial runs are held in August, an official said Friday.
ii. The railways safety commissioner has given his green signal for the running of the train. The Research Design and Standards Organization (RDSO) has also already given a safety and speed certificate for the train, an official said.

8. CWG 2014: Indian wrestler Babita Kumari wins gold in 55kg freestyle

i. Indian wrestler Babita Kumari put on a stunning show to win the gold medal beating Canada's Brittanee Laverdure in the final of the women's 55kg freestyle category in the 2014 Commonwealth Games at the SECC Hall on Thursday.
ii. The 24-year-old Babita, who had bagged silver in 2010 Commonwealth Games, won 9-2 against the 32-year-old Brittanee, who ended up injuring her finger during the bout.
iii. It was the fourth gold medal for India in wrestling.

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Day To Day Current Affairs - 2nd August 2014 by Gandhi Raveendra Reddy

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This post includes the current affairs on 2nd August 2104.
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Day To Day Current Affairs - 2nd August 2014

1. Muzaffar Ali selected for Rajiv Gandhi National Sadbhavana Award

i. Muzaffar Ali, a noted filmmaker of India was selected for Rajiv Gandhi National Sadbhavana Award. His name was selected for his outstanding contribution towards the promotion of Communal harmony, peace and goodwill.

ii. The decision of selecting Ali for the award was taken at a meeting of the Advisory Committee of the Rajiv Gandhi National Sadbhavana Award. This will be the 22nd edition of the Sadbhawna award and will be presented at Jawahar Bhawan on 20 August 2014 at a special ceremony.

Note: Sarod maestro Ustad Amjad Ali Khan was recipient of the 21st Rajiv Gandhi National Sadhbhavna Award.

About Muzaffar Ali
• He had directed several movies like Bollywood classic Umrao Jaan, Gaman and Khizan
• 69-year-old, Ali is also a social worker and a Sufi poet
• In 2005, he became the recipient of Padma Shri
• He was born on 21 October 1944 in Lucknow, Uttar Pradesh

About Rajiv Gandhi National Sadbhavana Award
i. Rajiv Gandhi National Sadbhavana Award (Rajiv Gandhi National Communal Harmony Award) is an award of India that is given for outstanding contribution towards promotion of communal harmony, national integration, peace and fight against violence. It was constituted in 1992.
ii. It is given away on 20 August, the birth anniversary of former Prime Minister late Rajiv Gandhi, which is also celebrated as the Sadbhavna Diwas (Harmony Day). The award carries a citation and cash award of 5 lakh rupees.

2. Modi to visit Nepal tomorrow
i. Prime Minister Narendra Modi will undertake a visit to Nepal on Sunday with an aim of taking the bilateral relations to a higher level through further cooperation in economic and other areas.
ii. Mr. Modi will be in Nepal for two days during which the two countries are expected to sign agreements in sectors like power. India may also announce economic aid for that country.
iii. This will be the first bilateral visit by an Indian Prime Minister to Nepal in 17 years, after I.K. Gujral had travelled there in June 1997, and underlines Mr. Modi’s focus on priority to India’s neighbourhood.
iv. The Prime Minister will hold talks with his Nepalese counterpart Sushil Koirala and have the honour of addressing that country’s Constituent Assembly, only the second foreign leader after former German Chancellor Helmut Kohl who had done it in early 1990s.

3. RBI canceled the Licence of The Vasavi Co-operative Urban Bank Ltd., Hyderabad
i. The Reserve Bank of India (RBI) cancelled the licence of The Vasai Co-operative Urban Bank Ltd., Hyderabad (Telangana). The order came into effect with the notification.
ii. The order was issued in view that the bank has ceased to be solvent and all its efforts to revive the bank have also failed and the depositors were being inconvenienced by continued uncertainty.
iii. Apart from this, RBI has also requested Registrar of Co-operative Societies, Telangana State to issue an order for winding up the bank and appoint a liquidator.

4. Hagel’s India visit aimed at nurturing defence ties: Pentagon

i. US Defence Secretary Chuck Hagel will visit New Delhi next week during which he will hold talks with his counterpart Arun Jaitley and other top officials, aimed at “nurturing” ties with India after the formation of the new government, a top Pentagon official has said.
ii. “The purpose of this trip is to nurture the relationship and not to ink any deal,” Pentagon Press Secretary Rear Admiral John Kirby told PTI.
iii. According to Mr. Kirby, Defence Secretary Hagel attaches a very high priority to the India-U.S. defence ties.
iv. During his three-day stay in New Delhi beginning August 7, Mr. Hagel will hold talks with Mr. Jaitley and is also expected to meet National Security Advisor Ajit K Doval and External Affairs Minister Sushma Swaraj.
v. In his meeting with Mr. Jaitley, Mr. Hagel would talk about the Defence Trade and Technology Initiative, which was started during the previous UPA regime, and is considered to be path breaking in terms of defence ties between the two countries.

5. Cheque bouncing: SC settles law on where to file a complaint
- Bounced cheque must only be filed at the place where the bank dishonoured it.
i. The Supreme Court (SC) ruled on Friday that a complaint about a bounced cheque must only be filed at the place where the bank dishonoured it, settling doubts raised by its own earlier conflicting judgements on the jurisdiction of a magistrate.
ii. Some judgments had specified the place where the cheque was issued, others from where the notice of dishonour was sent and still others the place of receipt. Owing to this confusion in law, the matter was referred to a larger bench of the SC.
iii. A three-judge bench headed by T S Thakur unanimously laid down that the place of dishonour is the right place to file a complaint. However, to avoid inconvenience to persons already prosecuting such cases, the new rule is to come into force only with respect to cases in the future. Those in which trials have begun will remain in the same courts.

6. Deputy National Security Adviser Nehchal Sandhu resigned
i. Deputy National Security Adviser Nehchal Sandhu resigned. His resignation was accepted by Prime Minister Narendra Modi on 31 July 2014.
ii. Sandhu was appointed Deputy NSA in March 2013 for a fixed three year term. He was the Director of the Intelligence Bureau between 2010 and 2012.

7. Bachendri Pal conferred Bharat Gaurav by East Bengal Club
i. Bachendri Pal, the first Indian woman mountaineer to scale Mount Everest was conferred with Bharat Gaurav, the highest honour of merit of East Bengal Club.
ii. The 60-year-old, Pal was honoured at a function held at the Khudiram Indoor hall at East Bengal's to celebrate the 95th foundation day celebrations. She was given a cheque of 2 lakh rupees.

8. Dipa Karmakar became first Indian woman gymnast to win medal in Commonwealth Games

i. Dipa Karmakar became the first Indian woman gymnast and second person of the country to win a medal at the Commonwealth Games. She bagged a bronze in the vault event and scripted history for and in India.
ii. Karmakar, 20-year-old from Tripura collected 14.366 points to finish third in the women’s vault final at the SSE Hydro in Glasgow.

9. CWG: S. Khatun wins bronze in lightweight category of women power lifting
i. India's S. Khatun won a Bronze medal in the light weight category of women power lifting. The Gold went to Nigeria in this event .

10. Guitar legend Dick Wagner died at 71
i. Dick Wagner, the famous rock guitarist of Alice Cooper died due to respiratory failure at Scottsdale Healthcare Shea Medical Centre in Arizona. He was 71.
ii. He suffered from the respiratory failure, two weeks after undergoing a cardiac procedure. He was also a songwriter and an author

11. CBI arrests Syndicate Bank CMD for taking bribe

i. The CBI on Saturday arrested six persons including chairman-cum-managing director of Syndicate Bank SK Jain for allegedly taking bribe of Rs. 50 lakh for increasing credit limit of some companies in violation of banking rules.
ii. After keeping a watch on the activities of Jain for last six months on the directive of CBI Director Ranjit Sinha, CBI sleuths finally swooped on his relative and a Madhya Pradesh- based chartered accountant and arrested them while allegedly receiving cash from representatives of companies which have been involved in coal scam.
iii. The CBI has filed two cases against Jain -- accusing him of receiving a bribe of Rs. 50 lakh through conduits and abusing his official position to enhance the credit limits of some companies in violation of laid down procedures, official sources said.

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