Nobel prize for Economics 2014

The Royal Swedish Academy of Sciences has decided to award The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2014 to

Jean Tirole

Toulouse 1 Capitole University, France

“for his analysis of market power and regulation”.

--> Tirole is the third French Laureate awarded the prize in Economic Sciences.

--> Tirole who has used game theory in an attempt to find ways to control the dominance of major companies said he was incredibly surprised when he got the news.

--> 61-year-old Tirole who was awarded the economics prize — the first without an American winner or joint winner since 1999 wins eight million kroner (£700,000) prize.

--> The Academy said, "Tirole is one of the most influential economists of our time. He has made important theoretical research contributions in a number of areas, but most of all he has clarified how to understand and regulate industries with a few powerful firms."

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11 October 2014 Current Affairs Updates

1) PM Modi launched Sansad Adarsh Gram Yojana: Prime Minister Narendra Modi today launched Sansad Adarsh Gram Yojana on the occasion of birth anniversary of Jai Prakash Narayan, as he had declared in his maiden Independence Day speech. Launching the ambitious scheme, Modi said that if nearly 800 MPs develop three village each by 2019, around 2500 villages will be covered. Modi said that he will also select a village from his constituency Varanasi. Asking every MP to adopt a village and work for their development, Modi said: "Whichever party the MP belongs to, he or she has to keep working among people and spent lot of his time to get work done for the government." For the MP's elected from cities, the prime minister urged them to look at a village that is close to their city.

2) International Day of the Girl Child observed across the world: Third International Day of the Girl Child (IDGC) was observed across the world on 11 October 2014. The theme was Empowering Adolescent Girls: Ending the Cycle of Violence. The theme of IDGC was selected in recognition of the importance of investing in and empowering girls during adolescence and preventing and eliminating the various forms of violence they experience. The United Nations adopted a resolution in 2011 and designated 11 October as International Day of the Girl Child for promoting the rights of girls and addressing the unique challenges they face.

3) Cyclone Hudhud to make landfall in Andhra Pradesh on Oct 12: Cyclone Hudhud would cross North Andhra Pradesh coast on October 12 and is expected to make landfall close to Visakhapatnam, according to Cyclone Warning Centre (CWC) at Visakhapatnam. “It is forecast that Hudhud, which is already a severe cyclonic storm, will intensify into a very severe cyclonic storm in next 12 hours. Hudhud is likely to make landfall on October 12 close to Visakhapatnam,” IMD’s (Hyderabad centre) assistant meteorologist M. Narasimha Rao said on Friday.

4) President Pranab Mukherjee to Visit Norway, Finland from October 12: In a rare Scandinavian visit by an Indian President, Pranab Mukherjee will embark on a two-nation six-day visit to Norway and Finland starting October 12. During his visit, President Mukherjee is scheduled to meet the Head of the State of Norway and Finland---King Harald V and Sauli Niinisto respectively. The President will also meet Prime Ministers of Norway and Finland--Erna Soltberg and Alexander Stubb respectively-- besides meeting important functionaries and addressing business seminars in the two countries. Mukherjee, who will be the first Indian President to visit Norway, will leave for Oslo on Sunday, officials said

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Employment News: 11 October 2014 to 17 October 2014

1. Govt. of India, Ministry of Railways, Railway Recruitment Boards

Name of Post – Stenographer Junior, Chief Law Assistant/Law Assistant, Jr. Translator, Librarian, etc.

No. of Vacancies – 1400

Last Date - 10/11/2014

2. The New India Assurance Company Ltd.

Name of Posts – Administrative Officers in various Disciplines

No. of Vacancies – 509

Last Date – 03/11/2014

3. Parliament of India, (Joint Recruitment Cell)

Name of Posts- 41 Stenographer (English-33, Hindi-08) and 4 Staff Car Driver

No. of Vacancies – 45

Last Date - 10/11/2014

4. Intelligence Bureau (Min. of Home Affairs), Govt. of India

Name of Posts- Assistant Central Intelligence Officer

No. of Vacancies – 750

Last Date - 09/11/2014

5. Bharat Electronics Ltd.

Name of Posts – Sr. Engineers and Dy. Engineer

No. of Vacancies – 14

Last Date – 25/10/2014

6. Union Public Service Commission

Name of Posts- Assistant Director, Farm Superintendent, Asst. Labour Commissioners, Sr. Lectures, etc.

No. of Vacancies – 27

Last Date - 31/10/2014

7. ONGC, Mangalore Refinery and Petrochemicals Ltd.

Name of Posts – GM, Chief Manager, Sr. Manager, Manager, Dy. Manager, Engineer, etc.

No. of Vacancies – 55

Last Date – 31/10/2014

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Daily Current Affairs Updates from 10 October 2014

1) 2014 Nobel Prize for peace announced: History was made on Friday when an Indian and a Pakistani jointly shared the Nobel Peace Prize for 2014. India's Kailash Satyarthi and Pakistan's Malala Yousafzai were awarded the Nobel Peace Prize for "showing great personal courage" and their struggle against the suppression of children and young people and for the right of all children to education. Read details>> http://goo.gl/hUPvGx

2) At 17, Malala becomes the youngest ever Nobel Peace Prize winner: By sharing 2014 Nobel Peace Prize with Kailash Satyarthi, Malala Yousafzay — widely referred to simply as Malala — becomes the youngest to ever win the Peace Prize. The teenager garnered international attention in 2012, when she was shot in the head by Taliban gunman for supporting girls' rights to education. The attack left Malala fighting for her life, but she survived and went on to become a global advocate for the education of women. In 2013, she delivered an impassioned speech to the United Nations in New York, and created the Malala Fund to help empower young women around the world. 

3) Facebook chief Mark Zuckerberg met PM Narendra Modi: Facebook founder Mark Zuckerberg on Friday met Prime Minister Narendra Modi. Soon after the meeting, Modi tweeted, "It was wonderful meeting Facebook CEO Mark Zuckerberg. We discussed a wide range of issues." On his first visit to India, Zuckerberg on Thursday met telecom minister Ravi Shankar Prasad to discuss expanding reach of internet including by using alternate technology.

4) Leela Samson resigned as Sangeet Natak Akademi chief: India's leading institution for performing arts, Sangeet Natak Akademi, has been rendered headless as its chief Leela Samson, appointed by the UPA government, has resigned for unknown reasons before her term was supposed to end. Samson tendered her resignation from the post on September 30, which was in turn accepted by the culture ministry, Union minister of state for culture Shripad Yesso Naik said. She was the 12th chairperson of the akademi, which is serving as the apex institution of performing arts in the country. The UPA government had appointed Samson, an eminent Bharatnatyam dancer, as the chairperson of the akademi in August 2010 for a period of five years. Her term was supposed to end in 2015.

5) Urban housing mission to be named after Sardar Patel: To ensure housing for all by 2022, the urban housing mission will be soon launched and will be named after Sardar Patel, said Minister of Housing and Urban Poverty Alleviation M. Venkaiah Naidu. "Under the Sardar Patel Urban Housing Mission, 30 million houses will be built by 2022, mostly for the economically weaker sections and low income groups, through public-private-partnership, interest subsidy and increased flow of resources to the housing sector,” Naidu said.

6) World Mental Health Day Observed: The World Mental Health Day Observed on 10 October 2014 across the world to raise awareness about mental illness and its effects on people. The theme for the year 2014 is "Living with Schizophrenia".

7) National Postal Day celebrated: Though, we are living in an age of emails, mobile phones and faxes etc but it is the postal service that has remained the largest mode of communication in India. National Postal Day is celebrated on 10 October every year.

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Nobel Peace Prize for 2014 for Kailash Satyarthi and Malala Yousafzay

The Norwegian Nobel Committee has decided that the Nobel Peace Prize for 2014 is to be awarded to

Kailash Satyarthi and Malala Yousafzay

for their struggle against the suppression of children and young people and for the right of all children to education.

The press release issued by the Norwegian Nobel Committee read as follows:

--> Children must go to school and not be financially exploited.  In the poor countries of the world, 60% of the present population is under 25 years of age.  It is a prerequisite for peaceful global development that the rights of children and young people be respected.  In conflict-ridden areas in particular, the violation of children leads to the continuation of violence from generation to generation.

--> Showing great personal courage, Kailash Satyarthi, maintaining Gandhi’s tradition, has headed various forms of protests and demonstrations, all peaceful, focusing on the grave exploitation of children for financial gain.  He has also contributed to the development of important international conventions on children’s rights.

--> Despite her youth, Malala Yousafzay has already fought for several years for the right of girls to education, and has shown by example that children and young people, too, can contribute to improving their own situations.  This she has done under the most dangerous circumstances.  Through her heroic struggle she has become a leading spokesperson for girls’ rights to education.

--> The Nobel Committee regards it as an important point for a Hindu and a Muslim, an Indian and a Pakistani, to join in a common struggle for education and against extremism.  Many other individuals and institutions in the international community have also contributed.  It has been calculated that there are 168 million child labourers around the world today.  In 2000 the figure was 78 million higher.  The world has come closer to the goal of eliminating child labour.

--> The struggle against suppression and for the rights of children and adolescents contributes to the realization of the “fraternity between nations” that Alfred Nobel mentions in his will as one of the criteria for the Nobel Peace Prize.

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Question Paper of IB Security Assistant (Executive) Exam held on 12 October 2014

Friends.. Here is the question paper of the IB Security Assistant (Executive) Exam 2013 held on 12 October 2014. Thanks to our friend Vishnu Mohan for sharing the question paper with us.

Question Paper of IB Security Assistant (Executive) Examination 2013

Exam Held on: 12 October 2014

Download as PDF: Link 1 and Link 2

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Recruitment of Intelligence Bureau ACIO- Grade II/Executive 2014- 750 Posts

Intelligence Bureau invited application for recruitment to the post of Assistant Central Intelligence Officer, Grade-II/Executive, General Central Service, Group-‘C’ (Non-Gazetted/Non-Ministerial). The candidates eligible for the post can apply through prescribed format before 09 November 2014.

Important Dates

Opening Date for Registration: 11 October 2014

Closing Date for Registration: 09 November 2014

Details of Post

Name of Post: Assistant Central Intelligence Officer, Grade-II/Executive (ACIO Grade-II)

Number of Post: 750 Posts

Pay Scale: Rs. 9300-34800 plus Grade Pay Rs. 4200 (PB-2) (Plus admissible Central Government allowances).

Educational Qualification: Graduation or equivalent from a recognized University & Knowledge of computers.

Age limit: 18-27 years

Scheme of Examination: The written examination for the post of ACIO-II/Exe contains two papers namely Paper I (Objective type) and Paper-II (Descriptive type on English language only). The total duration for both Papers is 1 hour and 40 minutes. Paper I will focus on General Awareness/General Knowledge, Reasoning, Comprehension, Mathematical ability etc. while Paper II will be designed to check English writing skill and analytical capability.

Exam Fee: Rs. 100/- (Rupees Hundred only). Only male candidates belonging to General and OBC category are required to pay the fee. SC/ST and female candidates are exempted from payment of examination fee.

How to Apply

Online Applications should be accepted only through the website www.mha.nic.in before 11 October 2014 to 09 November 2014.

View Notification: Click Here

Apply Online: Click Here

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Daily Current Affairs: 09 October 2014

1) 2014 Nobel Prize for literature announced: The Nobel Prize in Literature for 2014 is awarded to the French author Patrick Modiano “for the art of memory with which he has evoked the most ungraspable human destinies and uncovered the life-world of the occupation”. Read details>> http://goo.gl/wWC3j5

2) World Postal Day 2014 celebrated: 'World Postal Day 2014' was celebrated across the globe on October 9. The day marks the anniversary of the establishment of the Universal Postal Union in 1874 in Bern (Switzerland). The Posts in many countries use the event to introduce or promote new postal products and services. India has declared the whole week starting today as the National Postal Week till October 15.   

3) Aamir Khan appointed UNICEF Goodwill Ambassador for South Asia: Bollywood superstar Aamir Khan, who is in Nepal to promote child nutrition, has been appointed as UNICEF’s Goodwill Ambassador for South Asian region. The Regional Director of UNICEF South Asia, Karin Hulshof, announced the 49-year-old actor as the Goodwill Ambassador during a programme in the Capital.

4) Bandhan Bank appointed FIS Intl to develop core banking tool: The upcoming Bandhan Bank has appointed FIS International, one of the largest banking and payments technology solutions provider globally, to develop its core banking software solutions. According to a release issued by FIS, the global major will help Bandhan by providing and managing a fully integrated banking and payments platform through a totally outsourced delivery model. This will include the core banking, channel solutions, treasury, trade finance, and an entire suite of payments services that includes debit card management and interback connectivity. Bandhan, the country’s largest micro-finance institution, was granted an “in-principle” banking licence by the Reserve Bank of India earlier this year.

5) Veteran journalist M.V. Kamath died: Veteran journalist M.V. Kamath passed away in Manipal, Karnataka, on Thursday after a brief illness. He was 93. Mr. Kamath was known for his integrity as a journalist and his courage to call a spade a spade. But mainly, he did not allow his political views to colour his reportage of many epoch-making events across the globe. He worked as the Washington correspondent for The Times of India during 1969-78 and as Editor of the Illustrated Weekly of India from 1978 to 1981. He also served as foreign correspondent in Bonn and Paris.

6) ISRO's PSLV-C26 to be launched on Oct 16: The launch of ISRO's Polar Satellite Launch Vehicle, PSLV-C26, is now scheduled for October 16 from Satish Dhawan Space Centre SHAR, Sriharikota. The launch window of the mission opens at 01:32 hours Indian Standard Time (IST) and lasts till 01:47 hours IST. The lift-off is scheduled at the opening of the launch window at 01:32 hours IST. PSLV-C26 will carry the 1,425 kg Indian Navigation Satellite IRNSS-1C. IRNSS-1C, the third satellite of the Indian Regional Navigation Satellite System, has already been integrated with PSLV-C26 and the final phase of checks is progressing.

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Daily Current Affairs Updates: 08 October 2014

1) 2014 Nobel Prize in chemistry announced: The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry for 2014 to Eric Betzig Janelia Farm Research Campus, Howard Hughes Medical Institute, Ashburn, VA, USA,Stefan W. HellMax Planck Institute for Biophysical Chemistry, Göttingen, and German Cancer Research Center, Heidelberg, Germany and William E. Moerner Stanford University, Stanford, CA, USA “for the development of super-resolved fluorescence microscopy”. Read details>> http://goo.gl/E3cQDu

2) Anoop Jain wins 2014 Waislitz Global Citizen Award: A young Indian has won a prestigious global citizen award and USD 100,000 cash prize for his work to build community sanitation facilities, an area that aligns with Prime Minister Narendra Modi's commitment to ending open defecation, organisers of the award said. Anoop Jain was named recipient of the 2014 Waislitz Global Citizen Award for his "exemplified values of a Global Citizen" through his work in founding Humanure Power (HP) in Bihar in 2011 that builds community sanitation facilities in rural India.

3) Georgetown University appointed first Hindu priest: The Georgetown University has appointed its first Hindu priest —a woman — to serve the religious needs of its Hindu students, whose number has increased in recent years. Pratima Dharm, who recently retired as the first Hindu chaplain in the U.S. Army, has been appointed as the first Hindu chaplain at the Georgetown University, a move welcomed by the Hindu students of this top private research university. Founded in 1789, it is the oldest Jesuit and Catholic university in the U.S. 

4) Jet Airways appointed Cramer Ball as new CEO: Jet Airways announced the appointment of its new CEO, aviation specialist Cramer Ball, after its earlier chief quit in January. The airline's activities were since that time being managed by Director and Manager Gaurang Shetty, who will continue to lead it "till the requisite approvals are obtained and Ball assumes charge as the CEO," said a Jet spokesperson. Jet's last CEO, Garry Kenneth Toomey, had quit in mid-January, barely seven months after taking charge of the airline.

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General Awareness Questions asked in IBPS PO IV Exam: 11 October 2014 (Morning Shift)

Friends.. Here are some GA questions asked in todays' morning shift IBPS PO Online Exam. Thanks to Pooja Mishra, Harikumar, Vinod KM, Ashraf Mohammad and Sneha Sharma for sharing the questions with us. Will useful for those having exams in coming days.

1) Currency of Spain? - Euro

2) Which freedom fighter was killed during protest of Simon Commission?- Lala lajpat Rai

3) Who is heading the commitee to take decision on Unclaimed PPF accounts in Post Offices?- HR Khan

4) Name the Music director of “Mile sur mera tumhara”- Ashok Patki

5) Capital of Arunachal Pradesh?- Itanagar

6) Serena Williams is associated with which game?- Tennis

7) Main objective of PM Jandhan Yojana? – Financial Inclusion

8) "India’s International Bank" is the tag line of?- Bank of Baroda

9) Author of Curtain Raiser?- Kandathil Sebastian

10) L in LAF Stands for?- Liquidity Adjustment Facility

11) S in RTGS Stands for?- Real Time Gross Settlement

12) Rupay Card launched by?- National Payments Corporation of India (NPCI)

13) There are how many languages in the currency printed by RBI?- 15 Languages

14) BKS Iyenger who passed away recently got which award?- Padma Vibhushan

15) ADR stands for? - American Depositary Receipt

16) Who is Donald Dusk? - Ex Prime Minister of Poland and next EU council head

17) Father of atomic Bomb?- J.Robert Oppenheimer

18) Prime Minister recently announced to build which city like Kyoto in his visit to Japan?- Varanasi (PM's constituency)

19) FAT full form?-  File Allocation Table

20) Ganesh Chathurthi made as public affairs by?-

21) NPCHE stands for?- National Programme for Health Care of the Elderly

22) Saving bank interest is decided by? – Individual Bank

23) As per 2011 census which city has least population? – Lakshadweep

24) NPA time limit?-90 days

25) Vijay Malya is defaulter for which firm?– Kingfisher Airlines

26) UN Agency for Cultural Science and Education?- UNESCO

27) Application used for purchasing online through monile?- Mobile Wallet

28) Which system enables linking of different banks to single platform?- CBS

29) Which city sends most Indian students to US for higher studies as per recent report?- Hyderabad

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Karnataka Circle Postal/Sorting Assistant Final Results Declared

Friends.. After long wait, the first final result of a Circle is out. Karnataka Circle has on 10 October 2014 published the final results of PA/SA Direct Recruitment for the year 2013-2014. They have published the list of 628 provisionally selected candidates in the examination held on 21-04-2014.

The write up along with the result read as follows:

1. The list is not in the order of merit.

2. All the candidates in the list have qualified in Computer/Typing Test (Paper-II) except physically handicapped candidates who have been exempted from attending typing test.

3. The list consists of candidates selected against UR/OBC/SC/ST/Ex-Serviceman, PH categories and GDS quota.

4. Further communication regarding division wise allottment, category against which selected and verification of records etc will follow.

5. Induction training for first batch of candidates will commence from 10th November 2014. Communication in this reagrd will be sent to candidates who accept offer of appointment , on completion of preappointment formalities. They are required to be in readiness to proceed to Postal Training Centre, Mysore for 8 weeks training.

6. As training at PTC, Mysore, will be conducted in batches, candidates who are not detailed in the first batch shall be trained at the local training centre for 2 weeks and deployed at the Post Offices. Subsequently they will be sent to PTC for formal training.

To view the results click on the following link.

Click Here to see result from official website

Alternate Link for Result: Click Here or Link 2

Results of other circles where typing test was held is expected to be out soon. Keep visiting for latest updates.

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Nobel Prize in Literature for 2014 to Patrick Modiano

Nobel Prize in Literature for 2014 

The Nobel Prize in Literature for 2014 is awarded to the French author

Patrick Modiano

“for the art of memory with which he has evoked the most ungraspable human destinies and uncovered the life-world of the occupation”.

-->  Paris' literary doyen Patrick Modiano has won literature's most coveted price for his unparalleled mastery in portraying loss and legacy.

--> The 69-years-old Modiano, legendary for shunning the limelight is the 11th literature laureate born in France and is known to be a modern master in depicting brooding themes surrounding "memory, identity and guilt".

--> He is known to be an authority on Paris with most of his epic works set in the city.

--> Modiano's struggle with his Jewish heritage is well known. He was born outside Paris to a Sephardic Jewish family with roots dating back to eminent rabbis in Greece. It haunted him for most part of his life having spent the early phase of his writing career bluffing away about his year of birth. He claimed he was born in 1947 in order to distance himself from the shame of the World War II.

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