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BANK EXAM CAPSULE 2013 VOL:-2

51. 46th annual general meeting of the Manila-based multilateral lending agency held at Greater Noida.

52. Asian Development Bank (ADB) made a commitment of sorts to maintain an assistance quantum of about $6 billion loan to India over the next three years.

53. The Special Rapporteur of the United Nations on extrajudicial, summary or arbitrary executions, Christof Heyns, has claimed that of the 109 civilian deaths that occurred in India due to police firing in 2011, a majority of them took place in Uttar Pradesh and Rajasthan.

54. The Supreme Court has cleared the decks for the commissioning of the Kudankulam nuclear plant.

55. Cobrapost, an investigative website, alleged that at least 23 top public and private banks and insurance companies including SBI and LIC, were involved in large-scale money laundering.

56. Union Cabinet has approved key changes to the National Rural Livelihoods Mission (NRLM), aiming
to eradicate poverty in villages by empowering women. Rural Development Minister Jairam Ramesh announced that over 25 lakh Women SHGs will now be provided bank loans at an interest rate of seven per cent.

57. Malaysian Prime Minister Najib Razak began a second term after his Barisan Nasional (National
Front) coalition held on to power in elections.

58. Cricketer-turned-politician Imran Khan sustained injuries when he fell from a lifter while being raised to a platform to address an election rally in Lahore’s Ghalib Market evening.

59. India has nominated a group of six hill forts in Rajasthan and the Great Himalayan National Park in Himachal Pradesh as candidates for World Heritage Sites this year. UNESCO’s World Heritage Committee at its meeting in Cambodian capital Phnom Penh next month will decide on conferring the status on them.

60. In an annual report to the U.S. Congress, the Pentagon has said that Chinese government is responsible for cyber intrusions.

61. The Reserve Bank of India (RBI) panel mooted ‘India Bill Payment System’ (IBPS), a GIRO-based
electronic bill payment system (GIROGovernment Internal Revenue Order) for payment of dues of essential services, insurance premia, utility payments, taxes, university fees, examination fees and school fees.

62. The government approved the National Cyber Security Policy that aims to create a secure computing environment in the country.

63. World Trade Organization (WTO) received a new leader, Roberto Azevêdo of Brazil.

64. Government approved a proposal to set up two major ports in West Bengal and Andhra Pradesh.
The new port will be at Sagar in West Bengal. The location for port in Andhra Pradesh has not yet been finalized.

65. Senior Congress leader Siddaramaiah has been elected leader of the Congress Legislature Party, paving the way for him to be sworn in as the 22nd Chief Minister of Karnataka.

66. The UPA government finally acted against errant Ministers Pawan Kumar Bansal and Ashwani
Kumar, extracting their resignations late evening.Union Telecom Minister Kapil Sibal and Union Surface Transport Minister C. P. Joshi were given additional charge of Law and Railway portfolios, respectively.

67. Actor Pran was awarded with Dadasaheb Phalke award. He was presented the coveted award, comprising a Swarn Kamal, citation, shawl and a cash prize of Rs. 10 lakh.

68. Election commission will replace Electronic Voting Machines (EVMs) with Voter Verifiable Paper
Audit Trail (VVPAT). In VVPAT voter could physically see the printout of the vote cast by him/her.

69. Union Finance Minister P. Chidambaram said Bihar would qualify for the grant of special status under
new criteria for backwardness. Mr. Chidambaram said a committee, under the chairmanship of Chief Economic Adviser Raghuram Rajan would be formed in a few days.

70. Ahhichatragarh fort of Nagaur was shortlisted for the prestigious Aga Khan Award for Architecture.

71. An eight-storey building collapsed in the Bangladesh capital Dhaka, the death toll reached 1,126 officials said.

72. The Centre will establish a National Bureau of Water Use Efficiency as an “authority” for “promotion, regulation and control of efficient use of water in irrigation, municipal and industrial uses.”

73. China announced that its Premier Li Keqiang will leave for India on May 19 on his much-anticipated first overseas visit — a four-nation, nine-day tour that will see the second-ranked Chinese leader travel also to Pakistan, Switzerland and Germany.

74. The Reserve Bank of India (RBI) imposed restrictions on banks to import gold with immediate effect to curb the widening current account deficit (CAD).

75. Retail inflation, as measured by the Consumer Price Index (CPI), slipped markedly by one percentage point to 9.39 per cent in April this year from 10.39 per cent.

76. India’s gold imports are likely to exceed last year’slevel to around 900 tonnes in the current calendar
year on higher demand despite government curbs.

77. Britain launched a new “super priority” same-day visa service for Indian business travellers and
cash-rich frequent flyers.

78. Government has revised wages under Mahatma Gandhi National Rural Employment Guarantee
Scheme (MNREGS) from April 1 to factor in inflation. The maximum wage of Rs. 214 has been fixed for Haryana, and a minimum of Rs. 135 for the northeastern States. The notification regarding revising wage rates is linked to the Consumer Price Index for Agricultural Labour (CPIAL) from April 1 every year.

79. Union government formed a Group of Ministers to draft a law to shield CBI from external
interference. Headed by Finance Minister P.Chidambaram, the GoM will have Salman Khurshid, Kapil Sibal, Manish Tewari and V.Narayanasamy as its members.

80. For the first time since November 2009, wholesale price index-based headline inflation slid further to
4.89 per cent in April this year from 5.96 per cent a month.

81. The International Olympic Committee (IOC) will soon lift the ban on the Indian Olympic Association (IOA) as Indian representatives from the government and sports bodies reached an agreement in a meeting with IOC officials in Lausanne.

82. India’s bid for observer status in the Arctic Council was successful along with that of five other
countries — China, Italy, Japan, South Korea and Singapore — at a meeting in Kiruna, Sweden.

83. Finance Minister decided to launch Inflation Indexed Bonds (IIBs) to wean away investors from
gold to paper-based savings instruments. RBI will launch IIBs each month with a maturity period of
10 years from 4 June.

84. The Petroleum and Natural Gas Ministry announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries, would be launched in 20 districts with high Aadhaar card penetration from June 1. The scheme is likely to be extended to the entire
country from October this year.

85. A border meeting between India and China was held at the Multipurpose Complex of the Chinese army at Nathula.

86. Finance Minister Chidambaram left on a threenation tour of the U.K., France and Qatar.

87. No person should be arrested for posting objectionable comments on social networking sites, without permission from senior police officers, the Supreme Court ruled.

88. Delhi Police Special Cell has smashed a spot-fixing racket in the ongoing Indian Premier League
matches with the arrest of Indian pacer S.Sreesanth and two of his teammates Ajit Chandila and Ankeet Chavan.

89. Standard & Poor’s (S&P) threatened to downgrade the country’s sovereign rating to ‘junk’ status if the government failed to keep pace with the global rating agency’s expectation on reforms and containment of the twin deficits.

90. U.S. has granted conditional authorisation to export domestically-produced liquefied natural gas (LNG) to countries including India that do not have a free trade agreement (FTA) with it.

91. Myanmar’s President Thein Sein was to become the first leader of his country to visit the White House in nearly half a century, as Washington offers a strong symbolic gesture to back his reforms.

92. NTPC is all set to ink an agreement for the execution of the proposed 2 x 250 MW Sampur power project in Trincomalee in Sri Lanka by early next month.

93. Global retailers such as Walmart and Tesco can set up warehouses and cold storages as well as source products from small and medium enterprises (SMEs) in States which have not permitted FDI in the multi-brand retail sector.

94. The Mumbai crime branch arrested Bollywood actor Vindoo Dara Singh, son of wrestler late Dara Singh, for his alleged links with bookies.

95. Arunima Sinha became India’s first woman to conquer Mt. Everest on a prosthetic leg.

96. The Ministry of Health and Family Welfare has relaxed eligibility parameters for the Janani Suraksha Yojana (JSY), which provides financial assistance to mothers for institutional deliveries.
Now, Below Party Line (BPL) women can access JSY benefits irrespective of their age and number of children.

97. The Builders’ Association of India (BAI) has scored a major victory against alleged cartelisation by the cement industry. Competition Appellate Tribunal confirmed that 10 per cent of the monetary penalty imposed by the Competition Commission of India on June 20, 2012 on cement manufacturers for cartelisation had to be paid within one month. The total penalty is Rs.6,307 crore .

98. The Competition Commission of India (CCI) has started investigation into alleged cartelisation by
oil marketing companies in fixing petrol prices.

99. President Robert Mugabe signed Zimbabwe’s new Constitution into law, clearing the path to crucial
elections later this year.

100. Facebook became a full member of the Global Network Initiative, a non-governmental organisation promoting Internet freedom and privacy rights.

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