Some Important Portals & their Founders

Some Important Portals & their Founders
----------------------------
1. Google — Larry Page & Sergey Brin
2. Facebook— Mark Zuckerberg
3. Yahoo— David Filo & Jerry Yang
4. Twitter— Jack Dorsey & Dick Costolo
5. Internet— Tim Berners Lee
6. Linkdin— Reid Hoffman, Allen Blue& Koonstantin Guericke
7. Email— Shiva Ayyadurai
8. Gtalk— Richard Wah kan
9. Whats up — Laurel Kirtz
10. Hotmail— Sabeer Bhatia

India in Olympic Games

India in Olympic Games
-------------------------

1. In which year was the Indian Olympic Association
formed?
Answer: 1927

2. India participated for the first time in ......... Olympics?
Answer: 1900, Paris

3. Who represented India at the 1900 Paris Olympics?
Answer: Norman Pritchard

4. How many gold medals Indian Hockey Team has won in
the Olympic Game so far?
Answer: Eight

Currencies of Different Countries!!!

Currencies of Different Countries

1. Afghanistan — Afghan Afghani 
2. Albania — Albanian Lek 
3. Algeria — Algerian dinar 
4. Andorra — European euro 
5. Angola — Angolan Kwanza 
6. Anguilla — East Caribbean dollar 
7. Antigua and Barbuda — East Caribbean dollar 
8. Argentina — Argentine peso 
9. Armenia — Armenian dram
10. Aruba — Aruban florin
11. Australia — Australian dollar
12. Austria — European euro
13. Azerbaijan — Azerbaijani Manat
14. Bahamas — Bahamian dollar
15. Bahrain — Bahraini Dinar
16. Bangladesh — Bangladeshi Taka
17. Barbados — Barbadian Dollar
18. Belarus — Belarusian ruble
19. Belgium — European Euro
20. Belize — Belize Dollar

Current account deficit narrows - RBI

Contraction in trade deficit helps, says RBI

India’s current account deficit (CAD) narrowed sharply to $7.8 billion (1.7 per cent of gross domestic product) in the first quarter of 2014-15 from $21.8 billion (4.8 per cent of GDP) in the year ago period. However, it was higher than $1.2 billion (0.2 per cent of GDP) in Q4 of 2013-14. “The lower CAD was primarily on account of a contraction in trade deficit contributed by both a rise in exports and a decline in imports,” said the Reserve Bank of India (RBI) in a press release on Monday.

RBI norms on Basel III instruments are credit positive: Moody's

The new norms by RBI for the instruments compliant under Basel III to raise Tier-I capital are credit positive for Indian banks, in particular public sector banks, according to Moody’s credit rating agency.

“They will make the instruments more attractive to investors, broaden the investor base for additional Tier 1 (AT1) securities to include retail investors and allow banks to have a higher proportion of AT1 capital in their Tier 1 capital,” Moody’s said in its credit outlook report.

New guidelines

On September 1, the Reserve Bank of India (RBI) had revised some of its rules governing instruments that qualify as bank capital under Basel III.

Raghuram Rajan warns of another global financial crisis......

Reserve Bank of India Governor Raghuram Rajan has warned that the world economy could be heading towards a crash much like the Great Depression of the 1930s as advanced countries in a bid to pull out of the global downturn are working at cross purposes.

What is IFSC

          INDIAN FINANCIAL SYSTEM CODE

IFSC is an alpha-numeric code that uniquely identifies
a bank-branch participating in  the NEFT system.
This is an 11 characters code.
FIRST 4th  alpha characters representing --- BANK NAME
The 5th characters is --- ZERO
The last 6th characters representing --- BRANCH CODE

Green Signal for FDI in Railway Infrastructure

FDI is now allowed in all areas of Railways, except operations

Ahead of Prime Minister Narendra Modi’s visit to the US, the Cabinet has cleared a proposal to allow 100 per cent foreign direct investment (FDI) in Indian Railways. Two American companies — GE and EMD — have been shortlisted for a proposed diesel locomotive factory to be built in Bihar.
Now, except for Indian Railways’ operations, FDI can be brought into all special purpose vehicles, companies and joint ventures as an equity infusion, explained sources.

The existing Department of Industrial Policy & Promotion (DIPP) rules do not permit FDI in the railways.
Railway Minister Sadananda Gowda is likely to introduce a Bill in Parliament to amend the Railways Act, on Thursday.

With this policy change, FDI can be brought into high-speed train systems, freight terminals, building of rail links, electrification and signalling systems. A notification will have to be issued for the exact terms and conditions.

SEBI gets powers to clamp down on fraudulent deposit schemes

Lok Sabha passes Securities Laws Bill

Finance Minister Arun Jaitley

The Securities and Exchange Board of India (SEBI) will now have explicit powers to disgorge — recover — the illegal gains made through fraudulent deposit schemes and capital market offences. The assets recovered will be paid back by the market regulator to people who had lost their money in such schemes.

The Securities Laws (amendment) Bill, 2014, which was approved unanimously by the Lok Sabha on Wednesday, allows SEBI to issue disgorgement orders.

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.

The money collected will now be parked in SEBI’s Investor Protection and Education Fund.

Sierra Leone declares emergency

Medecins sans Frontieres (MSF) staff put on their protective gear before entering an isolation area at the ebola treatment centre in Kailahun, Sierra Leone.— File Photo: Reuters

Sierra Leone leader Ernest Bai Koroma declared a state of emergency on Thursday as the country struggled to contain the deadly ebola epidemic.

The impoverished country, along with neighbouring Guinea and Liberia, is struggling to contain an epidemic that has infected 1,200 people and left 672 dead across the region since the start of the year.

“Extraordinary challenges require extraordinary measures. The ebola virus disease poses an extraordinary challenge to our nation,” Mr. Koroma said in a televised address to the nation.

“Consequently... I hereby proclaim a state of public emergency to enable us to take a more robust approach to deal with the ebola outbreak.”

‘India can achieve manufacturing growth of 12-14%’

India has the capability to achieve 12-14 per cent average manufacturing growth over the next 10 years
backed by the talent it has to drive innovation and critical decision it can take at the micro and enterprise 
level, said Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council, here on Thursday.

Mr. Shankar was speaking at the Visionary Leadership for Manufacturing Programme (VLMF), an initiative organised by the Confederation of Indian Industry (CII) to transform the manufacturing industry.

“In the past few years, public discourse in the country has shifted towards manufacturing and with the 
talent generated from VLFM that is expected to be further scaled up, Indian manufacturing will hopefully 
be the supply base,” Mr. Shankar said.

Speaking about the special initiative called Village Buddha model, Mr. Shankar said: “Unless we transform 
the way where economic activities are undertaken, we cannot transform the quality of life.”

Basic saving bank deposit A/c

केंद्र सरकार व रिजर्व बैंक ने आम जनता के बीच बैंकिंग सेवा के विस्तार के लिए मूल बचत बैंक जमा खाता योजना (बेसिक सेविंग बैंक डिपॉजिट अकाउंट स्कीम) को कुछ साल पहले लांच किया था। गरीबों तक बैंकिंग सेवा पहुंचाने के लिए देश में जितने नो फ्रिल खाते खोले गए हैं, उन्हें मूल बचत बैंक खाता योजना के तहत रखा गया है। 

इस स्कीम में ग्राहकों को न्यूनतम बैंकिंग सेवा देने की गारंटी दी जाती है। एक व्यक्ति को किसी भी बैंक में महज एक ही मूल बचत बैंक खाता खोलने की इजाजत है। वैसे तो कोई भी इस योजना के तहत अपना बैंक खाता खोल सकता है। अगर वह उस बैंक में कोई दूसरा खाता किसी अन्य सेवा वर्ग के तहत खोलता है तो 30 दिनों के भीतर पुराने खाते को बंद करना पड़ता है। इस खाते के तहत ग्राहक को एक लाख रुपये से ज्यादा का कर्ज नहीं दिया जा सकता।

जनरल सुहाग आज संभालेंगे सेना प्रमुख का पदभार....

जनरल सुहाग आज संभालेंगे सेना प्रमुख का पदभार

नई दिल्ली। लेफ्टिनेंट जनरल दलबीर सिंह सुहाग आज नए सेना प्रमुख का कार्यभार संभालेंगे। पूर्व यूपीए सरकार ने मई में सुहाग की नियुक्ति की थी। इस पर विवाद भी हुआ था। भाजपा ने उनकी नियुक्ति के समय पर सवाल उठाए थे हालांकि बाद में नई सरकार ने उनके नाम को हरी झंडी दे दी। 

जनरल सुहाग 30 महीने तक इस पद पर रहेंगे। 59 साल के जनरल सुहाग ने 1987 में श्रीलंका में इंडियन पीस कीपींग फोर्स ऑपरेशन में हिस्सा लिया था।

Move ahead on trade: U.S.

WTO issues cast shadow over Kerry's visit

India’s tough stand at the World Trade Organisation (WTO) is likely to hang over bilateral issues between India and the U.S. as U.S. Secretary of State John Kerry begins his meetings in Delhi on Thursday.

U.S. Commerce Secretary Penny Pritzker, who is accompanying Mr. Kerry to co-chair the Indo-U.S. strategic dialogue, set alarm bells ringing just hours before the meeting, saying the U.S. was “very disappointed with India stepping backwards on its WTO commitments.”

Amazon now lines up $2 billion fresh investment in India

inShare

A day after Flipkart picked up a whopping $1 billion in funding, global online retailer Amazon said that it would invest as much as $2 billion in India to support its “rapid growth and to enhance customer and seller experience”.

The company, however, did not disclose the timeline by which its investment would be made. In comparison, home-grown e-tailer Flipkart has raised a total of $1.78 billion since its inception.

Huge potential

“We see huge potential in the Indian economy and for the growth of e-commerce in India. With this additional investment of $2 billion, our team can continue to think big, innovate, and raise the bar for customers in India,” CEO Jeff Bezos was quoted as saying in a statement.

At current scale and growth rates, Mr. Bezos said, “India is on track to be our fastest country ever to a billion dollars in gross sales.” “A big ‘thank you’ to our customers in India—we’ve never seen anything like this.”

GA QUIZ 16

[1] Who has been appointed as the goodwill ambassador of 35th National Games, Kerala scheduled to be held from January-February 2015?
Ans - Sachin Tendulkar

[2] Who has decided to provide automatic tax information exchange to India?
Ans – Mauritius

[3] Who released the report titled Standing on the Sidelines?
Ans – Oxfam

[4] Name the company who has halted the production of India’s iconic car Ambassador on 25 May 2014?
Ans - Hindustan Motors

GA QUIZ 15

[1] Who has been named as the batting coach of Pakistan cricket team for two years?
Ans - Former Zimbabwe batsman, Grant Flower

[2] Who has been approved as a provisional new AIBA member to represent India by AIBA Executive Committee?
Ans - Boxing India

[3] Who has been awarded with the Silver Shovel Award?
Ans - Ravi Dhariwal, the CEO of Bennett, Coleman and Company Limited (BCCL)

[4] Who has received ISAE Type II certification for maintaining high quality operating model and having effective control systems?
Ans - Sundaram BNP Paribas Fund Services

GA QUIZ 14

[1] Who has been appointed the president of International Technology Law Association?
Ans - Sajai Singh

[2] Which Indian Documentary won three awards in US festival?
Ans – Silent Screams

[3] When was World Migratory Birds Day observed across the world?
Ans – 10 – 11 may

[4] Who led the Indian delegation at 67th Cannes International Film Festival?
Ans – Kamal Hassan

GA QUIZ 13

[1] Name the Czech priest won the Templeton Prize for 2014?
Ans - Tomas Halik

[2] Who bagged the Gollapudi Srinivas National Award 2013?
Ans - Gyan Correa

[3] Who won the 2014 edition of the UN-Water ―Water for Life‖ Best Practices Award for their
sustainable practices of water resources?
Ans - India and Singapore

[4] Who was selected for the 23rd G D Birla Award for scientific research for the year 2013?
Ans - Physicist Rajesh Gopakumar

GA QUIZ 12

[1] Name the Czech priest won the Templeton Prize for 2014?
Ans - Tomas Halik

[2] Who bagged the Gollapudi Srinivas National Award 2013?
Ans - Gyan Correa

[3] Who won the 2014 edition of the UN-Water ―Water for Life‖ Best Practices Award for their
sustainable practices of water resources?
Ans - India and Singapore

[4] Who was selected for the 23rd G D Birla Award for scientific research for the year 2013?
Ans - Physicist Rajesh Gopakumar