January

1. J anet Yellen- New chief of Fed bank (US).

2. Pushpa Kapila Hingorani- Mother of PIL passed away. First to raise PIL on behalf of voiceless
under trial prisioners.
3. Millionare tax- French constitutional council approved Govt.s proposal and now companies to
pay annual tax (75%) on salaries >Euro 1 million.
4. Ladakh celebrated Festival of Losur for 15 days to celebrate New Year.
5. Shashi Tharoor named The person of the year by PETA (People for ethical treatment of animals).
6. Oil India inked an agreement with Institute of Rural Management (IRM), Anand , to conduct
feasibility study for its plan to set up dairy production plant in Assam. A CSR initiative.
7. RBI has chosen Clearing Corporation of India Limited (CCIL) to act as local operating unit for
issuing the legal entity identifiers (LEI). LEI is a 20 character unique code given to parties of
financial transaction.
8. SEBI made it compulsory to invest in Collective Investment scheme through banks only not by
cash to avoid money laundering.
9. Loan to Value cap for loans on gold and jewellery raised to 75% fromprevious 60%.
10. A committee headed by Suresh Mathur to study options of allowing 100% FDI in insurance
sector.
11. NCDEX launched GOLDHEDGE- transparent and straightforward price benchmark of yellow
metal to consumer.
12. RBI included Honkong and Macau in sensitive list of country with Pak and China.
13. Ministry of housing and Urban poverty alleviation launched Housing start up index with RBI to
track no. of houses being constructed across country.
14. Computer emergency response team(CERT) detected a black virus DEXTER which steals
private information fromonline banking transaction workspace.
15. National Info. Council (NIC) launched India Inclusive Innovation fund in partnership with
Ministry of MSME. Investment fund that will invest in projects catering to poors.
16. India 155/178 rank in Environmental performance index by Yale University.
17. Prof. Tez vir Singh won UNWTO Ulysses prize for excellence in creation and dissemination of
knowledge in Spain.
18. Arogyaswami J oseph Paulraj of Stanford University was awarded Marconi society prize 2014 for
developing theory and applications of multi input and output antennas. Marconi society prize is
also known as Tech nobel.
19. Fragile 5 countries- Brazil, India, South Africa, Indonesia, Turkey (BISIT).
20. British Lewis Clarke became youngest person to reach South pole.
21. Odisha became the best state for providing self employment under Swarna Jayanti Shahri
Rozgaar Yojna.
22. 2013 FIFA Ballon dor award- Ronaldo



February
1. Minimummonthly pension under EPS to be Rs. 1000.
2. 1
st
post office savings bank account at T.Nagar Chennai.
3. Deposits of Lanthinite, a rare mineral of Uranium, found in AkkavaramVillage of Andhra
Pradesh.
4. Tropex- Largest exercise launched by Indian Navy in Bay of Bengal.
5. Milan 2014- Naval exercise with 17 countries.
6. India ranked lowest (25) in International IP Index by global Intellectual property centre. (USA
ranks 1).
7. GoI launched Meghraj.
8. Chairman of 7
th
pay commission Retd. J udge Ashok Kr. Mathur.
9. Malala Yousufazai (Pak) alongwith J ohnwood (USA) and Indira Ramapar ( Nepal) awarded 2014
World Children Prize also known as Children Nobel Prize.
10. India signed DTAA with Fiji.
11. Largest oil Importers ( China, US, India, Japan).
12. Vishwanath Tripathi- Vyas Samman 2013.
13. Dr. Macro Labertini is the new director general of WWF which is Head quartered in Switzerland.
14. RBI imposed curbs on banks in investing in their own group companies. Fixed 20% for all
financial and Non financial activities and 10% for all non financial and unregulated entities.
15. Sikkimis the only state to achieve 100% sanitation in Rural and Urban households under Nirmal
Bharat Scheme.
16. Book The Hindus- An alternative history by Wendy Donger.
17. Vice President Hamid Ansari launched India-China year of friendly exchanges.
18. India and ADB signed a $275Million loan agreement for rural roads in Assam, CG, MP, WB,
Odisha.
19. BSE launched institutional trading platformto help SME and startup companies.
20. Presidents rule imposed in Delhi under Article 356 .
21. 3
rd
world congress on Agro forestry 2014 held in Delhi , 1
st
ever in Asia pacific region. Theme
was Trees for life: Accelerating impact of Agro Forestary.
22. Belgiumbecame first country to allow Euthanasia for terminally ill children of any age.
(Netherlands first but with min. age limit).
23. PurushottamExpress to be the first train to be attached with Braille embedded AC coach.
24. President awarded International Gandhi Award to Dr. Vijay Kumar Vinayak Dongre and Prof.
Guocheng Ziang.
25. VP launched a book Water, peace and war confronting global water crisis by Brahma
Chellaney.
26. Russia won 33 medals to top the table at Sochi Olympics.
27. Sikkimbest state in implementing rural tourismproject.
28. Arun J aitley launched a book ModiNomics by Sameer Kochar.


March
1. Phantom- Worlds first 3D model of human fingerprint by Indo- American scientist Anil J ain of
Michigan state university.
2. Indo- Nepal military exercise Ex surya kiran drills 6 in Nepal.
3. Union Govt. to hike interest on FD in post office by 0.2% after recommendation of Shyama
Gopinath Committee.
4. Acid Attack victim- Laxmi awarded International woman of courage award by Michelle Obama.
5. Golfer Rashid khan won SAIL- SBI golf title 2014. Prize money - $300000.
6. 1
st
J an 2015- Deadline for exchanging currency notes before 2005.
7. J oint United Nations programon AIDS (UNAIDS) launched Zero Discrimination Day on 1
st

march in Beijing.
8. India Born scientist Dr. Madan Babu won protein science young investigator award.
9. Assamfirst state to observe 04 March 2014 as child protection day with UNICEF.
10. VP released a book Ambedkar- Awakening Indias social conscience by Dr. Narendra J adhav.
11. Navy Chief DK J oshi resigned after INS Sindhuratna accident.
12. Largest Solar power plant in India/Asia at Welspun (MP). 2
nd
largest in world. It will raise solar
capacity by 7%.
13. A report by StockholmIntl. peace research Institute says that India and US are the largest
importers and exporters of arms respectively.
14. Amitabh kant New DIPP secy.
15. Canara Bank announced Shikhar Dhawan as their Brand Ambassador.
16. RBI extended 80:20 gold import to 5 private banks ( HDFC, Axis, Kotak, IndusInd, YesBank).
17. Amir khan became National Icon by Election Comission (Others- Mary Kom, APJ Kalam, Dhoni,
Saina Nehwal).
18. Physicist Rajesh Gopa kumar received GD Birla award for Scientific research.
19. Kolkata is 7
th
riskiest city in the world.
20. J K first state to declare EC Booths as non smoking Zones.
21. WHO declared South East Asia region as polio free region.
22. WHO India launched Indian Rhino vision ( IRV) 2020 for polio.
23. Earth hour- Arjun Kapoor National Ambassador.
24. First woman to head Navratna (HPCL)- Nishi Vasudeva.
Jan- Feb- March Eco current affairs
1. Agricultural Ministry issued guidelines on National mission on oil seeds and oil palms.
2. Government extended National manufacturing policy benefits.
3. Bank of J apan and RBI concluded an agreement to raise Bilateral swap arrangement (BSA) to
$50Billion.
4. Govt. notifies new gas pricing formula i.e. rate of all domestically produced fuel will be almost
doubled to 8.2-8.4 dollars per unit.
5. RBI relaxed rules of FDI giving theman EXIT option. They can exit their investment by selling
equity/debt. However there will be a minimumlock in period without any assured return. 3years
for defense and construction and Min. 1 year for other sectors.
6. Kelkar penal on ways of raising domestic oil and gas output submitted report.
7. RBI released Indias Investment position of quarter ended in September
a. Financial assets of residents of an economy that are claims of non-residents and gold
bullion
b. Liabilities of residents of an economy to non-residents.
c. IIP- Diff. b/w economys external financial assets and liabilities.
8. RBI identified Clearing corporation of India ltd. As legal entity identifier (LEI).
9. India signed a credit agreement with world bank for Rajasthan road sector modernization project.
10. Financial Inclusix index launched by CRISIL.
11. RBI extends time to close ex-imdeals to 9 months.
12. RBI allows firms to convert overseas borrowings into equity via ECB
13. RBI allowed NBFC to lend upto 75% of gold (earlier 60%)
14. RBI Panel (Nachiket Mor) for raising PSL limit to 50% from40%.
15. NABARD formed joint liability group to finance small farmers.
16. Union cabinet approved setting of coal regulatory authority. Orders will be advisory and not
mandatory.
17. RBI released draft report on enabling Public Key Infrastructure (PKI) in payment system
application.
a. PKI enabled payment systems (NEFT, RTGS, CBLO, Forex Clearing, CTS, Govt.
securities clearing)
b. Non PKI enabled (MICR, Non-MICR, electronic credit system, credit and debit cards).
18. Tea production in India rose by 6.5% in 2013.
19. RBI after recommendations by FSLRC Committee sets up committee on Capacity and skill
building (Chairman- G Gopalakrishnan).
20. FIs will be able to invest $2 billion (earlier $3.5billions) in commercial paper (1 year debt) to
encourage long terminvestment.
21. RBI issues certificates to Muthoot Finance, Vakranjee, Prizm, Tata Comm. Payment solutions to
set up white label ATMs.
22. RBI liberalized third party payment norms for import of goods by removing ceiling of $100000.
23. BHEL signed contract of 125 crore rupees of Hydropower in Uttarakhand.
24. NCDEX launched Bajra Future contracts.
25. RBI extended deadline for full implementation of Basel-3 norms by a year to 31-march 2019.
26. RBI panel headed by Aditya puri on Data format for furnishing of credit information to credit
information companies.
27. BoI launched Instant Money transfer scheme (IMTS).
28. GoI divested 9% shares in Axis bank (Indias 3
rd
largest private bank).
29. Workdays for tribals under MNREGA increased to 150 from100 days.
30. Investment limit in inflation bonds doubled to Rs 10 lacs.
31. Base rate for Non bank Mfin companies to be 10.09%- RBI



April
1. CCI imposed fine of Rs. 1 crore on google for non compliance seeking information and
documents.
2. RBI capped WMA limit for Central Govt. Rs. 35000 Crores / Week and for state Govt. at Rs.
15360 Crores / Week for 1
st
half of FYI 15.
3. READ (Read, engage, achieve and dream) A $3.2 Million alliance to improve reading skills of
primary aged group children in India.
4. World Health day- 7
th
April. Theme- Vector borne diseases.
5. US born physicist Stuart Parkin won the MilleniumTechnology Prize 2014 for his work on
magnetic disk drive storage capacity.
6. World market power index by Spanish bank Banco Bilbayo Vizkaya Argentaria India 2
nd

most powerful nation when it comes to compete in International Market.
7. J ustice G Rohini appointed as 1
st
ever woman chief justice of Delhi High Court.
8. Indian Railways launched a web based Electrical energy management systemcalled rail server.
9. Indias first ever envoy to ASEAN- Suresh Reddy.
10. Chitra Magimairaj won worlds women snooker championship at Leeds.
11. African continents biggest economy- Nigeria surpassing SA.
12. On 02-04-2014 , Iconic structures in the world were lit up blue for World AutismDay.
13. HAL awarded most efficient Navratna.
May-June
1. 3 European nations Russia, Kazakstan, Belarus formed Eurasian union.
2. WHO imposed travel restrictions on Pak, Syria (also least peaceful country), Cameroon over their
failure to control polio.
3. Ing. Vyasya LIC changed to Exide India insurance group.
4. Total FPI investment permitted in debt securities $81million ($51b- corporate bonds, $30
Gsec).
5. ASSOCHAM warned that ElNino can shrink India s GDP growth by 1.7%.
6. AirAsia J V between AA Malaysia (49%), Tata Sons (30%), Telstra tradeplace (21%). FDI in
aviation 49%.
7. Indian railways brought out book IndiaJ unction- A window to nation edited by Seema Sharma.
8. Bharti Airtel raised $2 billion in Intl dual currency bond sale in USD and Euro. 1
st
by any Indian
company.
9. Forbes released list of 2000 companies. RIL 135
th
, SBI- 155
th
.
10. Hiroshi Naka- New VP and auditor general of World Bank.
11. Asia Index launched India Infra Index. 30 companies fromenergy, transportation, NBFC and
telecom. AI is a J V between BSE and SP DowJ ones.
12. CCI approved TESCOs acquisition of 50%stake in tata group firmTrent hypermarket. First FDI
in multi retail.
13. Former Airtel chairman Sanjay kapoor joined Micromax as chairman.
14. Lt. Gen. Abhijeet Guha of Army has been appointed in 5 member UN expert panel on peace
keeping.
15. J une5 World environment day. Theme- Small Island and Climate change. Slogan- Raise your
voice not sea level.
16. ICICI emerged as largest employer among private banks.
17. Forbes 100 most powerful women in world. Indians are: Arundhati Bhattacharya, Indira Nooyi,
Chandra Kochar (ICICI), Padmashree Warrior (CISCO), Kiran Mazumdar (Biocon).
18. India positioned 143 in Global Peace Index. Ireland at top.
19. J RD Tata award 2013- Somasundaram(Aeronautics).
20. Worlds largest Intl maritime exercise named RIMPAC at Hololulu, Hawai. 23 members
including India. Theme- Capable adaptive partners.
21. Google launched Project Loop to provide internet access to remote areas.
22. Hindi poet Kedarnath awarded J ananipath award 2013.
23. MSP (paddy) for kharif season- Rs. 1360 ( Rs 50 above last years MSP).
24. Under Nirmal Bharat Abhiyaan- HZL to build toilets.
25. TCS became largest employer in world after IBM, HP.
26. C- Radhakrishnan Moortidevi award for literature.
27. Air asia fisrt flight- Bangalore to Goa.
28. Google will acquire Bangalore based Skybox Imaging.
29. King J uan Carlos- King of spain abdicated throne in favor of son Felipe.
April- May-June Eco current affairs
1. Navratna status to EIL (Engineers India limited) and NBCC (National building construction
corporation).
2. NABARD reduces rates of refinance by 0.2%.
3. Indian Institute of Corporate Affairs (IICA) signed MoU with Grant Thornton to implement CSR
rules under Companies Act 2013.
4. India 2
nd
largest producer/exporter of textile after china.
5. RBI policy rates/ratios according to bi monthly policy in J une ( Repo- 8%, Rev. Repo- 7%, MSF-
9%, CRR- 4%, SLR- 22.5%).
6. India signed loan agreement with World bank (1006.2 Million USD) for Sarva Shiksha Abhiyan-
3.
7. Singapore becomes the top source for FDI into India by replacing Mauritius- Department of
Industrial policy and promotion.
8. RBI permits the banks to provide loans to the exporters for 10 years tenure at an Interest rate of
2% above London Interbank offered rate (LIBOR), a global benchmark.
9. Indian Stock markets entered trillion dollar club (Combined NIFTY and SENSEX MCAP- $1.42
Million). 10
th
Largest.
10. Agence Francaise de Developpment (AFD) extends 100 Million Euro line of credit to IREDA
(Indian Renewable energy development agency)
11. Bhartiya Mahila Bank included in 2
nd
schedule of RBI Act, 1934.
12. Nayak Committee to review Governance of board of banks in India submitted its report.
13. Plastic Currency notes to be launched in 2015 (Shimla, Kochi, J aipur, Mysore, BBSR)
14. Kasturirangan Task Force on waste energy submitted its report to planning commission for sound
processing and disposable technologies for Municipal Solid waste.
15. President of India launched indigenious Card payment systemRuPay developed by National
Payments Corporation of India (NPCL).
16. The 28 member European Union imposed ban on Alfonso mangoes and 4 Vegetables (Egg Plant,
Taro plant, Butter Gourd, Snake Gourd).
17. Umesh Bellur headed Govt. Internal Revenue Order (GIRO) advisory group (GAG) submitted
report to RBI regarding payments of utility bills, fees, insurance premiumets.
18. IFFCO got permission fromQuebec Provisional Government (Canada) to set up a urea plant .
Currently there are 3 such units in India ( Kalol-Kandla, Phulpur, Aonla).
19. Union Govt. decided to continue export subsidy of 3300 rupees per ton of raw sugar export.
20. Comptroller and Audit General (CAG) empowered to audit Telecom sector.
21. World bank projected economic growth rate of 5.7% for India in 2014-15 Fiscal.
22. RBI adopted CPI as a measure for inflation (Recommended by Urjit Patel Committee).
23. India ranked 102/132 on social progress index. (1
st
New Zealand, last- Chad).
24. SEBI revamped committee on Disclosure and accounting standards , chaired by Ishrat Hussain.
25. RBI approved licences to IDFC and Bandhan financial services to open new banks in India.
26. Shome panel on tax administration submitted report to ministry.
27. Union MSME (Minister Kalraj Mishra) launched Online Finance Facilitation Centre (OFFC)
for SME. Initiative by CII.
28. SEBI issued new norms of public issuance of debt securities- Min. 100 Crore Rs. For banks and
NBFCs.
29. RBI allows Foreigners to access currency furtures markets with a limit of $10 Million on banks
proprietary positions .
30. Residents, NRI can carry upto Rs. 25000 to abroad , while foreigners not allowed.
31. RBI has recognized Micro Finance Institution network as self regulatory organization for NBFC-
MFIs based on recommendations of Y H MalegamCommittee.
32. RBI reviewing regulatory framework for unregulated for unregulated NBFC with Nachiket Mor
Committee (Financial Inclusion).
33. Kochi based Fed bank received approval fromRBI to open a representative office in Dubai.
34. Australia and NZ banking group (ANZ) to open 2 new branches at Gurgaon and Bangalore.
35. RBI reduced the availability of funds under export credit refinance (ECR)from50% to 32%.
36. RBI allows NBFCs to work as banking correspondents to banks recommended by Nachiket Mor
committee.
37. India US agreed on FATCA (Foreign accounts tax compliance act). Financial Institutions would
have to get registered with US authorities and obtain Global Intermediary Identification Number
(GIIN).
38. RBI fixes timeline for banks on recommendations of Financial sector legislative reforms
committee (Headed by B N Shrikrishna) .
a. Citizen Charter- issue cheque book within 20 mins and disperse loan on same day of
application.
b. Regulatory approval- Applicants for private bank licence to be given in 90 days, for IPO
to banks in 30 days.
39. First ever termreverse repo auction to drain excess cash frombanking systemfor Rs. 15000
crores.
40. RBI to issue Rs. 1000 notes without inset letter.
41. RBI asks banks to remit unclaimed deposits to Depositor education and Awareness fund (DEAF).
42. Individuals travelling abroad can spend $75000 lacs overseas in a year (currently). This limit may
increase to $2 lacs.
43. RBIs shut period change to improve liquidity. (Shut Period- Traders not allowed to trade bonds
on a day before the coupon payment so as to avoid the change in ownership of bonds.
44. RBI abolishes pre-payment penalty on floating rate loans.
45. Foreign portfolio investors can invest upto $81 billion in debt securities
46. RBI sets ceiling for bond issuances under market stabilization scheme (MSS) at Rs. 50000 crores
to manage liquidity.
47. RBI allowed FDI in limited liability Partnerships(LLP) under LLP act 2008.
48. Panel for bringing transparency in credit pricing framework among Indian banks headed by
Deputy Governor Anand Sinha.
49. RBI liberalizes hedging limit for investors to $250000 from$100000.
July
1. National Institute of Design at Ahmdabad. Accorded Institute of national importance by act of
parliament.
2. Per student cooking cost under Mid day meal scheme enhanced. Primary-Rs. 3.59, Upper
primary- Rs. 5.38.
3. SC ordered GoI to bring MNREGAs wage rates on par with minimumwages. Currently varies
between Rs. 118 to Rs 181 per day.
4. Law commission submitted a report on manpower planning in judiciary chaired by Former
J ustice AP Shah.
5. SEBI barred Satyamfounder Ramalinga Raju and 4 others fromsame market from accessing to
share market due to unlawful gains fromshares sale.
6. Retail inflation (CPI) fell to 7.31%.
7. TRAI- min broadband speed to be 512kbps.
8. C Rangarajan committee on poverty presented its report to Rao Inderjeet singh , Cabinet minister
of planning.
a. Poors- 29.6% of population (21.9% according to Tendulkars committee).
b. Poverty line (MPCE)- 972 rural, 1407 urban. Kerala tops in Rural MPCE and Haryana in
Urban.
9. RBI restored limit of overseas direct investment to 400% ( from100% earlier) of net worth. Now
Indian Co. can invest upto 400% of net worth in all its J V/Wholly owned subsidiaries abroad.
10. RBI Panel on labor, wages to improve policymaking headed by RBI Exec Director Deepak
Mohanty.
11. Diamond exports 180 days (from90 days earlier).
12. RBI allowed NBFC to use e-KYC.
13. India Srilanka signed MoU to set up an engineering and agricultural faculty for University of
J affna.
14. India- Canada signed audio visual co production treaty signed.
15. UN Tribunal ruled indo Bangladesh maritime border dispute. Total disputed area 25602 sq km,
to Bangladesh- 19467 sq. km.
16. India and UK to launch civil nuclear corporation.
17. France announced to provide 1 billion euro credit line to India.
18. Indian Mathematician Nikhil Shrivastava (Microsoft) research chosen for 2014 George Poyla
prize in Chicago.
19. Worlds first flying observatory fitted by NASA on a modified Boeing 747 to study stars is
named as SOFIA.
20. Vishy Anand selected for Russian Federations order of Fed award along with Borris Gelfand of
Israel.
21. Wimbledon women singles- Petra Kvitova (Czech), men Djokovik (Serbia).
22. 240 MWatt hydroelectric project located near LOC Kargil is on River J helum.
23. Suresh prabhu headed advisory group for integrated development of power coal and renewable
resources.
24. 127th edition of Durand Cup football tournament to be held in Goa in October 2014
25. Business 20 (B20) Australia Summit was held in Sydney, Australia on 18 J uly 2014. At the
Summit, the business leaders of G20 countries issued a blueprint for G20 leaders to boost
economic and job growth and make global economy more resilient to deal with future shocks.
26. Granville Austin passed away in Washington. He wrote 1. Indian Constitution: A cornerstone of
Nation 2. Working a democratic republic: The Indias Experience
27. Maharashtras Bor Wildlife Sanctuary to be the 47
th
Tiger reserve.
28. India became the first country to ratify the Marakkesh Treaty. To facilitate access to the published
work for Visually impaired. 77 Members of World Intellectual Property Organization (WIPO)
signed this treaty.
29. World Population Day- 11, J uly. Theme- Invest in young people today to ensure bright future.
30. BSE set up an advisory committee for REITS (Real Estate Investment Trust).
31. President Pranab Mukherjee appointed Governors of five states, namely Uttar Pradesh,
Chhattisgarh, West Bengal, Gujarat and Nagaland. The appointments are as follows:
Keshari Nath Tripathi: Governor of West Bengal
Balramji Dass Tandon: Governor of Chhattisgarh
Padmanabha Balakrishna Acharya: Governor of both Nagaland and Tripura
RamNaik: Governor of Uttar Pradesh
OmPrakash Kohli: Governor of Gujarat
Kaptan singh Solanki: Haryana
32. Citizen Centric administration- The heart of Governance. The report in line with the self
attestation by citizens.
33. 127
th
edition of Durand cup football to be held in Goa in Oct, 2014.
34. Business 20 (B20), Business leaders of G20, Australia summit was held in Sydney, Australia on
18
th
J uly 2014.
35. Global Innovation Index- Switzerland- 1
st
, India- 76
th
(66
th
last year). The theme for GII Human
factor in Innovation.
36. The National Health profile of India released by Health Minister- Dr. Harshavardhan. NHP is
published by The Central Bureau of Health Investigation (CBHI).
37. Germanys Football teamcaptain, Phillip Lahmannounced retirement.
38. 7
th
IBSA summit to be held at New Delhi.
39. CBDT formed a committee to reduce litigation at dispute resolution forums in IT Department.
This will be headed by Rani S Nair.
40. B Ashok took charge as chairman of IOC.
41. Rahul Dravid elected as the member of Laureus world sports academy. Bashar Al Assad sworn in
as Prez of Syria.
42. TCS became first company to achieve M Cap of 5 lakh crore rupees.
43. Union govt. proposed to set up 3 low cost airports in Bihar.
44. J oko widodo won Indonesian presidential elctions.
45. OECD released global standard for automatic exchange of financial account information. OECD
secretariat is in Paris.
46. R S Sharma expert committee constituted on Cost records and Cost audits.
47. WB Prez J imYong Kimarrived in India.
48. Mercedes driver Nico Rosberg won German grand prix.
49. Govt. allocated 200 crores to NABARD for mega food parks.
50. Bolivia legalized child labour above 10 yrs.
51. NCDEX to announce comprehensive hedge policy for hedge markets.
52. RBI penalized 12 banks in Deccan Herald holdings case. Penalty was of order 1.5 crores. Banks
are : Andhra, Axis, Canara, Corporation, HDFC, ICICI, IDBI, IndusInd, Kotak, Rtnakar, State
Bank of Hyderabad, Yes Bank.
53. Govt. revises Investment target for DFC to 80000 crores from27 crores.
54. Malabar Naval exercise in pacific ocean featuring India, US, J apan started.
55. India decided against signing WTOs Trade Facilitation Agreement (TFA).
56. Govt. decided to intensify war against J apanese Encephalitis- An acute inflammation of brain.