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BANK EXAM CAPSULE VOL:- 2

51. Kenya’s Supreme Court upheld the election of Uhuru Kenyatta as the country’s next President.

52. Launching his Jantantra Yatra from Punjab, social activist Anna Hazare described it as the beginning of the second freedom struggle to rid the nation of corrupt politicians.

53. Supreme Court held that the modification of a well known cancer-fighting drug is not a patentable new invention. The judgment allows suppliers to continue making generic copies of Swiss firm Novartis’ Glivec or Gleevec.

54. The probe into the killing of two Indian fishermen by Italian marines off Kerala last year was handed over to the National Investigation Agency.

55. Vijaya Bank is the first bank which announced that its Risk Management Department has received ISO 27001 certification from the British Standards Institute.

56. NMDC Ltd. and IndusInd Bank were included in the CNX Nifty index of the National Stock Exchange (NSE), replacing Wipro and Siemens.

57. Core industries shrank 2.5 per cent in February, a worst-ever performance in decades. The core
industries — coal, crude oil, natural gas, petroleum refinery products, fertilisers, steel, cement and electricity.

58. Mukesh Ambani and Anil Ambani started a business collaboration that would allow Reliance Jio Infocomm, controlled by Mukesh, to use the nationwide optic fibre network of Anil’s Reliance Communications Ltd. for a one-time fee of Rs. 1,200 crore.

59. India inked a $252-million loan agreement with the Asian Development Bank (ADB) for continued improvement of rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. The loan represents the first tranche of a $800 million financing facility under the ‘rural connectivity investment programme’.

60. Railway Minister Pawan Kumar Bansal launched Wi-Fi service in Delhi-Howrah Rajdhani Express at the New Delhi railway station.

61. The UN passed Arms trade treaty (ATT) to better regulate the international sale in weapons. It was passed in the General Assembly with 154 members voting ‘Yes’; three — Iran, Syria and North Korea — voting no; and 23, including India, abstaining.

62. Malaysian Prime Minister Najib Razak dissolved Parliament in preparation for a general election.

63. Reliance Power (RPower) said it had received the first disbursement of Rs.2,550 crore ($470 million) from U.S. Exim Bank and offshore commercial banks. The disbursement is part of $2 billion loan. It forms part of the overall financing for Reliance Power’s 3,960 MW Ultra Mega Power Project at Sasan in Madhya Pradesh.

64. Softening its stand towards Pakistan, India has commenced the visa-on-arrival facility for senior citizens (above 65 years of age) of the neighbouring nation from April 1.

65. Karnataka has emerged top performer in the country in management of rural drinking water
schemes and devolution of powers to panchayat raj institutions (PRIs) in 2012-13 and received an incentive of Rs. 241.1 crore from the Union government.

66. The government has drawn up plans to launch the LPG cylinder subsidy scheme under the Direct Benefit Transfer component from July 1 in at least 45 districts. The consumers are likely to get around Rs.4,000 per annum from the government.

67. Representatives from Iran and the six global powers (P-5: America, Britain, France, Russia and China + Germany) have concluded the first day of talks at Almaty, Kazakhstan.

68. Malala Yousafzai has announced the first grant of $45,000 from the Malala Fund for girls’ education to an unnamed organisation in Pakistan’s Swat Valley. 15-year-old announced it in a video message for the Women in the World summit in New York. The video was introduced by Hollywood star and U.N. special envoy Angelina Jolie, who also pledged a donation of $200,000 for the fund.

69. USA had agreed for returning to Japan the land near Kadena Air Base on the southern island of Okinawa.

70. Reserve Bank of India has decided to let authorised money changers (AMCs) to sell Indian rupees to foreign tourists / visitors against international credit/debit cards.

71. According to the RBI directive, Amanath Cooperative Bank can conduct a financial transaction of not more than Rs. 1,000 per account a day. Besides, the bank has been stopped from accepting deposits till further orders.

72. Activist-turned-politician Arvind Kejriwal ended his 15-day-long fast with a spirited attack on the Sheila Dikshit-led Delhi government for its “inability” to provide power and water.

73. The Strategic Forces Command (SFC) of the Army successfully test-fired Agni-II (Range – 2000 Km) ballistic missile from Wheeler Island Odisha.

74. Having successfully completed two polio-free years, India is preparing to receive the crucial polio eradication certificate from the World Health Organisation (WHO). The certificate is issued on completion of incident-free three years.

75. Margaret Thatcher, Britain’s first woman Prime Minister who led the Conservative party, died following a stroke.

76. Tamil Nadu Chief Minister Jayalalithaa informed that the World Championship for 2013 would be held in Anand’s hometown Mayiladuthurai in Tamil Nadu between November 6 and 26.

77. Krishnakumar Natarajan took over as Nasscom Chairman for the year 2013-14. Mr. Natarajan succeeds N Chandrasekaran.

78. Five soldiers of the Indian Army were killed and four injured in an ambush morning of their United Nations peacekeeping mission by unidentified assailants in Jonglei, South Sudan.

79. In all 682 persons, including 2008 Mumbai terror attack case convict Ajmal Kasab, were executed worldwide in 2012, which is two more than such executions carried out in 2011. Amnesty International said in its Global annual report on death penalty-2012.

80. Uhuru Kenyatta was sworn in Kenya’s fourth President.

81. The Asian Development Bank (ADB) maintained that the Indian economy could grow at an improved rate of 6 per cent during the current fiscal in its report ‘Asian Development Outlook 2013’.

82. In a reprieve to 480 Pakistani Hindus, the Home Ministry has extended visas for a month, before the government takes a decision on their demand for political asylum in India.

83. British scientist Robert Edwards, 87, who won the Nobel Prize for his pioneering work in vitro fertilisation, leading to the birth of the first test- tube baby, died.

84. India and Russia have crossed the first milestone towards the development of the fifth generation fighter aircraft (FGFA), completing the preliminary design. Four T-50 aircraft, the Russian prototype of the fifth generation fighter, have already performed more than 200 test flights since January 2010.

85. Rajeev Shahare appointed as new High Commissioner of Maldives.

86. The World Trade Organization (WTO) cut its forecast for global trade growth in 2013 to 3.3 per
cent from 4.5 per cent and said trade grew only 2 per cent in 2012.

87. India and Bangladesh may soon collaborate to jointly produce a ‘mega-film’ to commemorate the 1971 war of liberation.

88. Foreign Ministers of G8 adopted historic declaration committing the international community to tackle sexual violence in conflict zones. The agreement, reached on the sidelines of discussions on North Korea and Syria ahead of the summit of G8 leaders in June in United Kingdom.

89. State Bank of India hit the international bond market to raise about $1 billion (Rs.5,430 crore) in a five-year dollar-bond sale programme.

90. World Bank plans to identify seven low-income States in India as part of the multilateral lending agency’s new Country Partnership Strategy (CPS) for India (2013-17). World Bank proposes a lending programme of $3 billion-5 billion every year over

the next four years to bring down poverty 5.5 per cent in 2030 from 29.8 per cent in 2010. The States identified for the focused support are Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh.

91. Bollywood actor Pran has been chosen for the Dada Saheb Phalke Award, the country’s highest cinema honour.

92. Former military dictator Pervez Musharraf admitted that he had secretly granted permission to the U.S. on a “few occasions” to carry out drone strikes inside Pakistan.

93. After imposition of sanctions by the U.S. and European Union, Iraq has replaced Iran as the second largest exporter of crude oil to India. Saudi Arabia, however, still remains the largest exporter of crude to India.

94. Industrial growth, as measured by the Index of Industrial Production (IIP), slumped markedly to 0.6 per cent in February, 2013, from a relatively healthy expansion of 4.3 per cent posted for the same month a year ago.

95. Consumer price index-based (CPI) retail inflation finally eased to 10.39 per cent in March from 10.91 per cent in February.

96. Chen Yuan has been tasked to come with a plan about BRICS Development Bank project. Brazil, Russia, India, China and South Africa agreed to take forward the proposal at the leaders’ summit in Durban, South Africa.

97. Assocham said Gujarat, Odisha and Andhra Pradesh attracted highest private sector investment in India.

98. Delhi High Court ordered telecom service providers Vodafone India and Idea Cellular to stop offering
3G services to new customers in circles where they don’t hold spectrum licences — including Karnataka.

99. United States Secretary of State John Kerry said Pakistaniscientist A.Q. Khan’s network was likely behind North Korea’s nuclear programme.

100. A sub-regional strategic alliance, Nepal, India and Bangladesh (NIB) have decided to join hands to cooperate and exploit the hydropower sector and use water resources management for mutual advantage, including jointly developing and financing projects in the Ganga river basin.

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