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Thursday, April 3, 2014

Useful books available in flipkart for Postal/Sorting Assistant Exam 2014

Friends...Here is the list of some books which will be helpful for Postal/Sorting Assistant Exam 2014 preparation...

1) Guide to Postal Assistant/ Sorting Assistant Exam 2014
Author: Disha Experts
Rs. 156

2) 15 Practice Sets - Department of Posts Postal Assistants / Sorting Assistants Recruitment Exam 1st Edition
Author: Arihant Experts
Rs. 90

3) Department Of Posts (Postal Assistant / Sorting Assistant) Postal Assistant Recruitment Exam Practice Work Book With Study Material
Publisher: Kiran Prakashan (2014)
Rs. 128

4) Department of Posts POSTAL/SORTING ASSISTANT 2014 Recruitment Examination 2014 (Solved 2013 Entrance Paper) (English)
Author: GKP
Rs. 190

5) Department of Posts POSTAL/SORTING ASSISTANT 2014 15 Practice Sets(Solved 2013 Entrance Paper) (Hindi)
Author: GKP
Rs. 119

6) Department of Posts Postal Assistants / Sorting Assistants Recruitment Examination
Author: Manoj Kumar Singh, J. K. Sharma
Rs. 204
Details>> http://goo.gl/zCIPjo


7) Postal Assistants / Sorting Assistants Recruitment Exam 2013-14 1st Edition
Author: Arihant Experts
Rs. 171

8) Department Of Posts: Postal Assistant Sorting Assistant Recruitment Exam 01 Edition
Author: R. Gupta's
Rs. 80
Details>> http://goo.gl/R1kDV7

Other useful books
>> Quantitative Aptitude For Competitive Examinations 24th Edition
Author: R. S. Aggarwal
Language: English
Length: 726 Pages
Publisher: S. Chand Publishing
Rs. 332

>> Objective General English 22nd Edition
Author: Vikas Aggarwal, R. S. Aggarwal
Length: 672 Pages
Rs. 282

>> Manorama Year Book 2014
Language: English
Length: 1040 Pages
Publisher: Malayalam Manorama
Rs. 155
Details>> http://goo.gl/tmqP71

Wednesday, April 2, 2014

RBI grants bank licenses to IDFC, Bandhan Financial; Green Signal also for India Post

>>  Reserve Bank of India said on Wednesday it had granted bank licenses to IDFC Ltd and Bandhan Financial Services that would be valid for 18 months and would be subject to the two financial firms fully complying with central bank regulations.

>> The central bank will also consider the application of India Post, but under a separate process to be carried out in consultation with the government.

>> The RBI last year allowed corporate houses to form banks as part of an effort to expand access to financial services in the country. No new Indian bank has been formed since Yes Bank in 2004.

>> The Election Commission on Tuesday allowed the RBI to announce new bank licences even ahead of general elections set to conclude next month, according to a notice in the commission's website.

>> The RBI had sought the commission's approval to issue new bank licences to ensure the process would not clash with the code of conduct ahead of elections, which prevents decisions that may be deemed as political from being taken by government officials or regulators.

>> The central bank said 25 applicants had been considered, and judged under various criteria including analysis of their financial statements, track record of running their business over the past 10 years and potential to run a bank.


>> The RBI Governor Raghuram Rajan had formed a four-member external panel to scrutinize applications for new banking licences, headed by a former RBI governor Bimal Jalan. It started evaluating the applications from November.

Current Affairs daily update: 01 April 2014

1) RBI kept key policy rates unchanged in the first bi-monthly monetary policy: As widely expected, the Reserve Bank of India, on Tuesday, kept the indicative policy rate (repo) unchanged at 8 per cent while taking measures to provide longer term liquidity in the system. Repo rate is the rate at which banks borrow funds from the central bank. “On the basis of an assessment of the current and evolving macro-economic situation, we have decided to keep the policy repo rate unchanged at 8 per cent,” said RBI Governor Raghuram Rajan at a a press conferenceto announce the first bi-monthly monetary policy for 2014-15.

2) SC rules out review of Rajiv case commutation: The Supreme Court on Tuesday declined to review its February 18 ruling in the Rajiv Gandhi assassination case, commuting the death sentence of three convicts — Murugan, Santhan and Perarivalan — to life imprisonment. “We have carefully gone through the review petition. We find no merit in the review petition and the same is dismissed,” a Bench of Chief Justice of India P. Sathasivam and Justices Ranjan Gogoi and Shiva Kirti Singh said in a brief order.


3) Manuel Valls named as New French Prime Minister: France’s president has named 51-year-old Socialist Manuel Valls as the country’s new prime minister. In a prerecorded televised speech, Francois Hollande said Valls, the former interior minister, would lead a “combative government.” Valls, who is consistently voted France’s most popular Socialist in opinion polls, is considered to be part of the right-wing side of the party and is also relatively popular with French conservatives.

4) After 10 years in orbit, INSAT-3E expires: Communications satellite INSAT-3E has completed its life and gone out of service. Built to last 15 years, it has completed ten-and-a-half years in orbit. The third-generation satellite was launched in September 2003 with 36 transponders — 24 C-band and 12 extended C-band transponders — but only 25 of them have been working since 2009.

5) Viswanathan Anand raises to No. 3 in FIDE world chess rankings: Viswanathan Anand ranked World number 3 in the rating list released by FIDE on 1 April 2014. Anand with the Victory at the Candidates Tournament held in Russia in March 2014 has moved five places ahead from 8 to 3 with 2785 Elo points. According the rating list, Magnus Carlsen of Norway with Elo points 2881 ranks no 1 and Levon Aronian of America with 2812 ranks 2.

6) FinMin against raising I-T exemption limit to Rs 3 lakh: The Finance Ministry has rejected the recommendation of the Parliamentary Standing Committee headed by former Finance Minister Yashwant Sinha on raising the income tax exemption limit to Rs 3 lakh. The recommendation was made as part of the Committee’s report on the Direct Tax Code (DTC). Adjusting the slabs will cause tax revenue losses to the tune of Rs 60,000 crore a year to the exchequer, the Ministry has said.

7) RBI to give new bank licences within the next 10-15 days after Election Commission's nod: The Reserve Bank of India is likely to hand out new banking licences within the next 10-15 days after the Election Commission gave its go ahead for the plan despite elections kicking off in a few days. That will set the stage for some such as India Post Bank, L&T Finance Holdings, Infrastructure Development Finance Co and Janalaxmi Financial Services to get the bank licence and unleash competition. There are 25 applicants for the licence, including Reliance Capital, Aditya Birla Nuvo, and Indiabulls Group.


8) India to face South Africa in T20 World Cup semis: Unbeaten Team India will play South Africa in the second semi-final of the ICC World T20 on Friday. India had finished on top of Group two while South Africa finished as the second team in Group one.

GK for PA/SA Exam 2014

1   What is the meaning of Hippology ?-The study of  horses
2.  What can be the maximum number of partners in a partnership firm ?-20
3 What is the traditional economy characterized by?- Organization of  production for  self consumption
4   What is meant by agricultural productivity in India?- Production per hectare
5  What  is the full form of  RADAR ?- Radio detection and ranging
6 What is a piece of land surrounded by water on three sides called?- Peninsula
7   What divides Asia from North America?- Berring Strait
8    What  do  “a.m” and p.m stand for- a.m  means ante meridiem or before noon
p.m  means  post meridiem  or after noon
9 What important mathematical notation did India give to the world?- The Zero
10 What did Alessandro Volta invent in 1800?- The electric battery
11 What does the phrase   “Nine days wonder means?- An event which creates a sensation for a time , but in soon forgotten
12 What  is the collective name given to running, walking, jumping, throwing in sports?- Athletics
13 What was the name of the first full length animation film made by Walt Disney?- Snow  white and the seven Dwarfs  in 1937
14  What is  mythomania?- Compulsive tendency to tell  lies        
15 What is idiopathy?- Disease which is not caused
16  What would happen if the earth  were to stop its rotator motion on its Axis ?- No day and night as at present
17  What is the distance between Mercury and Sun?- 58 million KM
18  What is an  ace in Tennis ?- A successful  serve that the opponent fails to touch
19 What was the code name  of for the development of the atom bomb in world war II ?- The Mahattan  Project
20  What is the full form of WHO?- World health organization

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Tuesday, April 1, 2014

Daily Current Affairs: 31 March 2014

1) Petrol price cut by 75 paise a litre; diesel hike put off: The price of petrol was on Monday cut by 75 paise per litre, the first reduction in five months, while the already unpopular monthly hike in diesel rates was put off during the election season.

2) US ambassador to India Nancy Powell resigned: In a sudden development, US ambassador to India Nancy Powell has resigned from her post, days after media speculation that she may be shipped out. "US ambassador to India Nancy J Powell announced in a US mission town hall meeting on March 31 that she has submitted her resignation to President Obama and, as planned for some time, will retire to her home in Delaware before the end of May," an announcement in the US embassy website said.

3) World Twenty20: Sri Lanka beat New Zealand to enter semis: Sri Lanka beat New Zealand by 59 runs in a low-scoring World Twenty20 Super-10 group one match in Chittagong Monday to cruise into the semi-finals. New Zealand were bowled out for their lowest Twenty20 total of 60 in 15.3 overs in the final match of the group played at Zahur Ahmed Chowdhury stadium.

4) Paris Gets First Female Mayor:  It was a victory to savour. As she bid to become the first female mayor of Paris, Spanish-born socialist Anne Hidalgo had to endure taunts from her opponents about her modest origins and lack of Parisian roots. But in the end, voters in the French capital brushed such snobbery aside and defied the national trend by electing the 54-year-old by a convincing margin.


5) Smriti Irani to contest from Amethi against Rahul Gandhi: The BJP has announced on Monday evening that its vice-president Smriti Irani will contest from Amethi Lok Sabha constituency. Congress vice-president Rahul Gandhi is the sitting MP from the constituency. AAP leader Kumar Vishwas had already announced to contest from the same constituency against Rahul Gandhi. The BJP's decision to field Irani from Amethi makes it a three-way blockbuster of a contest for the Lok Sabha seat.

6) President Pranab Mukherjee confers Padma awards: President Pranab Mukherjee on Monday conferred Padma awards on 66 eminent personalities at a ceremony held at Rashtrapati Bhavan. Noted scientist Dr. Raghunath A. Mashelkar received Padma Vibhushan while classical singer Begum Parveen Sultana, actor Kamal Hasan, sportsperson Pullela Gopichand were among those who were honoured with Padma Bhushan. Padma Shri Awardees included sand artist Sudarshan Pattnaik and actress Vidya Balan. Among the dignitaries present on the occasion were the Vice President Mohd. Hamid Ansari, Prime Minister Dr Manmohan Singh and Home Minister Sushil Kumar Shinde.

7) K R Kamat front-runner for RBI Deputy Governor post:  Raghuram Rajan headed search panel has zeroed in on a successor to RBI Deputy Governor K C Chakrabarty and PNB Chairman K R Kamath is believed to be top in the reckoning. Besides RBI Governor Rajan, Financial Services Secretary Rajiv Takru and other expert members had on last Friday interviewed CMDs of nine public sector banks here, an official privy to the selection process told PTI.

8) Indian Shuttler Sourabh Varma loses Malaysia Grand Prix Gold final: Indian shuttler Sourabh Varma gave a fantastic fight but eventually went down to Indonesian 15th seed Simon Santoso in the men’s singles final of the $120,000 Malaysia Grand Prix Gold on Sunday. Despite leading a large chunk of the match, the eighth seeded Indian went down 21-15, 16-21, 19-21 in a marathon encounter which lasted an hour and nine minutes at the Stadium Perbandaran Pasir Gudang.


9) Slovakia elects Andrej Kiska as president: A non-aligned centrist, Andrej Kiska, swooped in to clinch Slovakia's presidency by a landslide, dealing a heavy blow to the credibility of the prime minister, Robert Fico, before a general election in 2016. Andrej Kiska will be Slovakia’s first president since independence in 1993 without a past in the Communist party.

Current Affairs Questions for exams: 27 & 28 March 2014

1) World Health Organisation (WHO) on 27 March 2014 officially certified India as a polio-free country with no case of the disease being reported in the country for last ............... years?
(A) 5
(B) 2
(C) 3
(D) 7

2) Supreme Court of India on 28 March 2014 appointed which former captain of India as the interim BCCI president replacing N. Sreenivasan for IPL 2014?
(A) Saurav Ganguly
(B) Kapil Dev
(C) Rahul Dravid
(D) Sunil Gavaskar

3) Who won the Abel Prize 2014?
(A) Yakov G. Sinai
(B) Pierre Deligne
(C) Endre Szemerédi
(D) John Milnor

4) Which among the following countries have recently banned video-sharing website YouTube citing spread of audio recordings damaging to the government?
(A) Spain
(B) Turkey
(C) China
(D) Russia

5) Which country has hosted the 3rd Nuclear Security Summit 2014 from 24 to 25 March 2014?
(A) Australia
(B) Germany
(C) Netherlands
(D) Japan

6) Name Indian Air Force's newest and sturdiest aircraft which crashed near Gwalior, killing all five people on board on 28 March 2014?
(A) C-130J
(B) C-17 Globemaster
(C) IAI Astra 1125
(D) HJT-16 Kiran

7) Which team is at No.1 position in the latest ICC T20 team rankings released on 28 March 2014?
(A) West Indies
(B) India
(C) Sri Lanka
(D) South Africa

8) Which zone won the Deodhar Trophy cricket tournament 2014?
(A) North Zone
(B) South Zone
(C) West Zone
(D) East Zone

9) Who was recently elected as the new CII (Confederation of Indian Industry) President?
(A) B Ashok Reddy
(B) Chandrajit Banerjee
(C) S Gopalakrishnan
(D) Ajay S Shriram

10) Recently Reserve Bank of India has extended the timeline for full implementation of the Basel III capital regulations from March 31, 2018 to?
(A) March 31, 2019
(B) April 1, 2020
(C) September 30, 2022
(D) March 31, 2021

Answers
1) Ans. (C) 3
2) Ans. (D) Sunil Gavaskar
3) Ans. (A) Yakov G. Sinai
4) Ans. (B) Turkey
5) Ans. (C) Netherlands
6) Ans. (A) C-130J
7) Ans. (B) India
8) Ans. (C) West Zone
9) Ans. (D) Ajay S Shriram
10) Ans. (A) March 31, 2019

Monday, March 31, 2014

Daily Current Affairs Updates: 30 March 2014

1) Hamilton wins Malaysian Grand Prix: Briton's Lewis Hamilton won the Malaysian Grand Prix with a pole-to-flag victory ahead of Nico Rosberg on Sunday in a first Mercedes one-two since they returned to Formula One as a works team in 2010. The 2008 Formula One world champion easily pulled away from his rivals on a dry track with a three-stop strategy to win the race by 17.3 seconds, his 23rd career victory and first in Malaysia at the eighth attempt.

2) Nepal to host 18th SAARC Summit on Nov 14: Nepal will hold the 18th SAARC Summit in Kathmandu on November 14, the third time the country is hosting the event since the establishment of eight-member regional grouping in 1985. A cabinet meeting headed by Prime Minister Sushil Koirala decided to hold the summit on November 14 and directed authorities to make necessary preparations for the successful summit, according to cabinet sources. The date is subject to approval by SAARC (South Asian Association for Regional Cooperation) member states that include India, Maldives, Nepal, Pakistan, Bangladesh, Bhutan, Sri Lanka and Afghanistan. Nepal had last hosted the 11th SAARC Summit in January 2002 and 3rd Summit in November 1987. The 17th SAARC summit was held in Maldives in 2011.

3) India beat Australia by 73 runs in World Twenty20: India defeated Australia by 73 runs in their final Group-II match of the ICC World Twenty-20 at Dhaka on Sunday. Put in to bat, the Men in Blue posted a formidable 159 for 7 in the alloted 20 overs.Yuvraj Singh bucked bad form, as he scored a brilliant 43-ball 60 to take India past the 150-mark. Yuvraj's innings comprised 5 fours and 4 sixes.

4) Tibetan Communist leader ‘Phunwang’ dead: Phuntso Wangye, also known as ‘Phunwang’, a once influential former Tibetan Communist leader who later emerged as an unlikely — and outspoken — critic of Chinese rule in Tibet from within the establishment, died on Sunday. He was 92.

5) Novak Djokovic beats Rafael Nadal to win fourth Miami Masters crown: Six-time Grand Slam winner Novak Djokovic claimed his fourth Miami Masters crown with a dominating straight sets win over world number one Rafael Nadal on Sunday. Second seed Djokovic cruised to a 6-3, 6-3 win in the men's final of the combined ATP and WTA Tour hardcourt tournament.

6) Rajapaksa-led coalition retains key provinces: The United People’s Freedom Alliance (UPFA), Sri Lanka’s ruling coalition led by President Mahinda Rajapaksa, retained the country’s Western and Southern provinces after the provincial council elections held on Saturday. In the Western Province — covering Colombo, Gampaha and Kaluthara districts — the UPFA secured 53.35 per cent of the votes, cornering 56 seats, including two bonus seats that the party securing highest share of votes gets as per Sri Lanka’s Proportional representation system.

Sunday, March 30, 2014

Latest Current Affairs: March 2014 (3rd Week) PDF Download

Latest Current Affairs from Third Week of March 2014 in PDF- useful for all competitive Examinations!!!!!

March 2014 Current Affairs Questions and Answers for preparing Exams| Postal Assistant| IBPS | SSC CGL 2014| UPSC | Civil Services | Bank | LD Clerk and all other Competitive Examinations.



 Download as PDF-Click Here
Q1. World Water Day was observed on 22 March 2014 with the theme?
Ans. Water and Energy
Note: World Water Day is observed to preserve and ration consumption of water.

Q2. Who was selected for the 23rd G D Birla Award for scientific research for the year 2013?
Ans. Rajesh Gopakumar
Note: Gopakumar has been awarded for his important contributions on topics in Quantum Field Theory and String Theory. At present he is working as a theoretical physicist at Harish Chandra Research Institute, Allahabad.

Q3. Name the Deputy Governor of the Reserve Bank of India who resigned on 20 March 2014, three months ahead of the completion of his term?
Ans. Dr KC Chakrabarty

Q4. Name the Malaysia Airlines flight which disappeared in the South China Sea on 8 March 2014?
Ans. MH370

Q5. Name the renowned author and journalist who died on 20 March 2014 at the age of 99 at his home in Sujan Singh Park in Delhi?
Ans. Khushwant Singh

Q6. Which team won the Vijay Hazare Cricket Trophy 2013-14 by defeating Railways by four wickets at the Eden Gardens in Kolkata on 16 March 2014?
Ans. Karnataka

Q7. Which country is the world’s largest arms importer as per report published by as Swedish Think Tank, Stockholm International Peace Research Institute (SIPRI) on 17 March 2014?Visit:www.currentaffairs4examz.com
Ans. India

Q8. Government of India divested its 9 percent stake in which private bank on on 21 March 2014?
Ans. Axis Bank
Note: The divestment resulted into generation of 5500 crore rupees.

Q9. Which day was was observed across the world on 21 March 2014 to support linguistic diversity through poetic expression and to offer endangered languages the opportunity to be heard within their communities?
Ans. World Poetry Day

Q10. Reserve Bank of India (RBI) issued notice to banks on 19 March 2014 to take measures to counter the threat expected to arise from discontinuation of Windows XP. From which date Windows will withdraw support for XP?
Ans. 8 April 2014

Q11. e-Commerce firm & online travel company ibiboGroup on 20 March 2014 announced to acquire Bangalore-based which startup to strengthen the offers in the bus travel space?
Ans. YourBus.in

Q12. Name the scheme extended recently by RBI to import gold to five private banks?
Ans. 80:20 scheme
Note: The five banks which have been allowed to import gold under the 80:20 scheme are HDFC Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank.

Q13. What was India's rank in a Microsoft report in the list of the countries sending out spam e-mails released by Microsoft on 28 February 2014?
Ans. Fourth

Q14. Name the World largest TV which was unveiled for the first time at the Texas Motor Speedway in Fort Worth, US on 21 March 2014?
Ans. Big Hoss
Note: Big Hoss was recorded as world largest TV in the Guinness Book of World Records.

Q15. Name the Indian journalist who won digital activism award on 20 March 2014 for regional news service?Visit:www.currentaffairs4examz.com
Ans. Shubranshu Choudhary

Q16. Union health ministry on 19 March 2014 revoked the ban on which painkiller and anti-pyretic drug?
Ans. Analgin

Q17. Which day was observed on 20 March 2014 to create awareness about the House Sparrow?
Ans. World Sparrow Day

Q18. Who won in Women’s doubles final of the BNP Paribas Open by defeating Sania Mirza and Cara Black from Zimbabwe 7-6(5), 6-2 recently?
Ans. Hsieh Su-Wei of Taiwan and Peng Shuai

Q19. International Day of Forests was observed across the world on 21 March 2014 with the theme?
Ans. Celebrating Forests for Sustainable Development.

Q20. India has nominated which sites for UNESCO’s World Heritage Site Status for 2014?
Ans. Rani-ki-Vav located in Patan, Gujarat and the Great Himalayan National Park (GHNP) in Himachal Pradesh

Q21. Who has been selected for the 17th Gollapudi Srinivas National Award 2013 for his debut film as a director, The Good Road in Gujarati?
Ans. Gyan Correa

Q22. Who was unanimously elected as the first women President of Indian Journalists’ Association (IJA) in London?
Ans. Aditi Khanna

Q23. Name the former Brazilian international footballer who died on 21 March 2014?
Ans. Hilderaldo Luiz Bellini

Q24. Which country announced to lift state of emergency on 18 March 2014?
Ans. Thailand

Daily Current Affairs: 29 March 2014

1) Earth Hour 2014 observed: Millions across the world turned off lights: People across the globe observed Earth Hour 2014 on Saturday after turning-off non-essential lights in their communities, households and businesses and joined millions others across the world. Earth Hour is organized by the World Wildlife Fund each year since 2007 and requests people to conserve energy and trim down its wastage. Since the first time the event has spread across 7,001 cities and towns in 152 countries. It was observed from 8:30 p.m. to 9:30 p.m. on Saturday.

2) Jaswant Singh expelled from BJP for six years: The BJP on Saturday announced the expulsion of senior leader Jaswant Singh and Subhash Mahariya for six years. The decision comes in the wake of Mr. Singh’s decision to contest as an Independent from Barmer and Mr. Mahariya’s announcement to do the same from Sikar in Rajasthan. This is the second time the party has taken such action Mr. Singh. He was earlier expelled in 2009 for praising Mohammad Ali Jinnah, Pakistan’s founding father.

3) Anurag Kumar is IISc. new director: The council of the Indian Institute of Science (IISc.) on Saturday selected, as its 20th director, Anurag Kumar, who is now the Chairman of the Electrical Sciences Division at the institute. IISc.’s present director, P. Balaram, retires on July 31 after an eight-year tenure.

4) Imran Masood arrested for hate speech: Congress Lok Sabha candidate Imran Masood was on Saturday arrested for his hate speech in which he allegedly threatened to “chop” Narendra Modi “into pieces”, remarks that had sparked an outrage.
  
5) Saudi King appointed half-brother Moqren as next heir to throne: Abdullah, the king of Saudi Arabia on 27 March 2014 appointed his half-brother Moqren (69) as the next heir to the throne. This step has paved a way for Moqren to become a future king of the world’s largest exporter of crude oil.

6) Heena Sidhu wins silver in ISSF World Cup: World number two air pistol shooter Heena Sidhu continued her impressive form as she clinched a silver medal at the ISSF World Cup in Fort Benning, USA, the feat taking her closer to the numero uno spot in her event. She now has the maximum medals in a World Cup by any Indian pistol shooter.

7) World Cup T20- South Africa enters semifinal: South Africa sailed into the World Twenty20 semifinals with a three-run victory over former champion England in their super-10 group-1 match in Chittagong on Saturday. England slumped out of contention for a place in the last four after falling short of a 197-run target in the face of some impressive bowling by Wayne Parnell (three for 31) and leg-spinner Imran Tahir (two for 27).

8) President re-promulgates SEBI Ordinance: President Pranab Mukherjee, on Saturday, cleared the re-promulgation of the SEBI (Securities and Exchange Board of India) Ordinance that had lapsed on January 15, since Parliament could not pass the Securities Laws (Amendment) Bill, 2013, in the winter session. The Ordinance empowers the SEBI Chairman to order searches and seizures and crack downs on Ponzi schemes. The Securities Laws (Amendment) Bill, 2013, seeks to empower SEBI to regulate all money pooling scheme worth Rs.100 crore or more, and also attach assets in cases of non-compliance.


9) Anand wins Candidates, sets up World Championship rematch with Carlsen:  Five-times world champion Viswanathan Anand proved all his critics wrong and won the Candidates Chess tournament after settling for a draw with Sergey Karjakin of Russia in the 13th and penultimate round. The tournament victory gives Anand winner`s cheque of 135000 Euros (a little over Rs 1 crore) and the right to a match against Magnus Carlsen of Norway who dethroned the Indian champion at Chennai in November last. This rematch will take place sometime in the last quarter of this year.