Daily Current Affairs: 13 October 2014

1) 2014 Nobel Prize for Economics announced: 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 “for his analysis of market power and regulation”. The prizes in Physics, Chemistry, Physiology or Medicine, Literature, and Peace have been awarded since the inception of Nobel Prize in 1901, however the Nobel Prize in Economic Sciences was created in 1968. The economics prize is officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Read details>> http://goo.gl/rhIy3J

2) International Day for Disaster Reduction observed: World observed 'International Day for Disaster Reduction 2014' on October 13.  The day is celebrated to raise awareness of how people are taking action to reduce their risk to disasters. The theme for this year is 'Resilience is for Life'. The focus this year is on older people and the role they can play in resilience-building through their experience and knowledge.

3) Shashi Tharoor dropped as Congress spokesperson: The Congress on Monday dropped its former Union Minister Shashi Tharoor from the party’s panel of spokespersons in view of the Kerala Pradesh Congress Committee’s demand for disciplinary action against him for accepting Prime Minister Narendra Modi’s invitation to a select panel of prominent personalities to advocate the Swachh Bharat Mission. The decision to drop Mr. Tharoor from the panel of spokespersons was taken by Congress president Sonia Gandhi as per the recommendations of the party’s Disciplinary Action Committee.

4) ‘Queen of Jaffna’ to link Sri Lanka's north again: The “Queen of Jaffna,” a once-popular train linking the ethnic Tamil’s northern heartland to the rest of Sri Lanka before a bloody civil war cut the link 24 years ago, chugs back into service this coming week, reinforcing the government’s authority in a region once controlled by Tamil rebels. President Mahinda Rajapaksa inaugurated service along the 400-kilometer (250-mile) route between Jaffna and Colombo, Sri Lanka’s capital.

5) India 55th on global hunger index:  India has made some progress in reducing poverty level, but still ranks behind neighbouring Nepal and Sri Lanka on the Global Hunger Index and its hunger status remains classified as "serious". India was at 63rd position in the global hunger index (GHI) last year. The 55th position in 2014 is better than Pakistan (ranked 57) and Bangladesh (57), but trails behind Nepal (44) and Sri Lanka (39). Burundi, Eritrea Top Global Hunger Index.

6) Mary Kom named Most Valuable Player of India's Asian Games campaign: Olympic bronze medallist M C Mary Kom was chosen as the Most Valuable Player of India's Incheon Asian Games campaign at a felicitation of the medal winners by contingent sponsors Samsung India on Monday. Mary Kom, who became the first Indian woman boxer to win a gold medal in Asian Games when she clinched the yellow metal in the Incheon Games in flyweight (-51kg) class, was named the MVP after a poll. All the 11 individual/team gold winners, including the men's hockey team, were in the contest.

7) Gujarat increased women's reservation to 33% in government jobs: Gujarat CM Anandiben Patel decided to increase the quantum of reservations for women in state government jobs by 3%. Therefore, the quota now stands at 33%. The decision follows the CM's announcement of 33% reservation for women in the police force.

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Australia’s Richard Flanagan wins Man Booker prize 2014

* Australian author Richard Flanagan took away the literary world's most coveted prize for his book 'The Narrow Road to the Deep North' on 15 October 2014.

* Flanagan's book is the story of his father as a prisoner during war in a Japanese prison and was called a literary masterpiece by the jury.

* Flanagan - the Tasmanian-born author is the third Australian to win the coveted prize which, for the first time in its 46-year history, is now expanded to include entries from writers of all nationalities, writing originally in English and published in the UK.

* 'The Narrow Road to the Deep North' is the sixth novel from Flanagan which centres upon the experiences of surgeon Dorrigo Evans in a Japanese POW camp on the now infamous Thailand-Burma railway.

* In addition to his £50,000 prize and trophy, Flanagan also receives a designer bound edition of his book, and a further £2,500 for being shortlisted.

* On winning the Man Booker prize, an author can expect international recognition, not to mention a dramatic increase in book sales.

* Kolkata boy Neel Mukherjee was among the six short listed authors for his book 'The Lives of Others'. The other contestants for the award were US authors Joshua Ferris, Karen Joy Fowler, and British authors Howard Jacobson and Ali Smith.

* This is also the first time in the British prestigious literary award's 46-year history that it was opened to writers of any nationality, writing in English and having their work published in Britain. It had hitherto been confined to writers from Commonwealth countries, Ireland, and Zimbabwe.

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General Awareness Questions asked in IBPS PO Exam: 18 October 2014 (Morning Shift)

Friends.. Here are some GA questions asked in todays' morning shift IBPS PO Online Exam. Thanks to Pankaj Arora and Himanshi for sharing the questions with us. Will be useful for those having exams in coming days.

1) Full form of  MTSS?- Money Transfer Service Scheme

2)  Mogadishu is the capital of?- Somalia

3) SBI life insurance is partnership between SBI and?– BNP Paribas Cardif

4) Vishal Sikka is CMD of which company? - Infosys

5) Currency of Spain?- Euro

6) Nuku’alofa is the capital of?-Tonga

7) Largest hydroelectric power plant in India?- Koyna

8) For what does L stands for in SLR?- Liquidity

9) On which date did Mangalyan reached Mars? - 24 September 2014

10) Who is the author of the book 'The Mother I Never Knew'?- Sudha Murty

11) FII stands for?-  Foreign Institutional Investor

12) Merchant payments in India is controlled by?- SEBI

13) RBI issued the permission to Muthoot Ginance to set up? - white label ATM

14) Kisan Vikas Patra was closed by govt. earlier due to which reason?- to avoid Money laundering activities

15) NIM full form?- Net Interest Margin

16) Basic saving bank deposit account maximum credit amount in a year?- 1 Lakhs

17) PPF limit recently changed from 1 lakh to? 1.5 lakh

18) Which Indian movie was selected as India's entry for Oscar Award 2015?  - Liar's Dice

19) According to census 2011 every .......... person in the world population is Indian?- 6th

20) Holidays for banks are declared by respective state govts under which act?- Negotiable instruments Act

21) NRLP stands for?- National Rural Livelihood Project

22) Which organisation was formed before UNO?- WLO

23) RRB's shares held by Union govt and state govt in?- Sponsor banks

24) Under Jan Dhan Yojana, account holders will be eligible to avail ............ on proper handling of bank accounts for 3 months?- Over draft facility

25) Participatory notes are issued by FIIs to whom?- Share Markets

26) RBI recently fixed the max age for MD & CEO in private sector banks at?- 70

27) Housing loan limit in non metro city?-Rs 40 lakh

28) One question related to Archimedes' principle.

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Daily Current Affairs Updates: 12 October 2014

1) Indian Super League begins: The new order in Indian football announced its arrival with a bang on Sunday! With its exciting freshness, well-packaged avatar and a never-seen-before razzmatazz, the mass entertainment of Bollywood and football, riding on Indian cricket's shoulder, descended on the illuminated Salt Lake Stadium to set the ball rolling for Indian Super League. West Bengal chief minister Mamata Banerjee started the proceedings. And it was left for Nita Ambani, chairperson of the ISL, to strike the right chord when she officially opened it before the world. Atletico de Kolkata won the opening match against Mumbai City FC.

2) Bryans achieve ‘Masters Slam’: American twins Bob and Mike Bryan added another accolade to their lengthy resume after taking the Shanghai Masters men’s doubles title on Sunday to become the first pair to win all nine ATP World Tour Masters 1000 tournaments. The 35-year-old siblings defeated French Open champions Julien Benneteau and Edouard Roger-Vasselin 6-2, 7-6(3) to take an unprecedented 101st career title in their 152nd final.

3) Cyclone Hudhud hits parts of Andhra Pradesh and Odisha: Cyclone Hudhud, which made a landfall in Andhra Pradesh on Sunday, lost its intensity by evening as it moved further 60km northwest of Visakhapatnam, India Meteorological Department said. The cyclone hit the port city of Visakhapatnam on Sunday bringing with it torrential rains in three coastal districts of Andhra Pradesh and leaving five persons dead in the state and neighbouring Odisha besides snapping power and communication lines.

4) Indian shuttler Ajay Jayaram clinched Dutch Open, bags maiden Grand Prix: Indian shuttler Ajay Jayaram on Sunday notched up the biggest triumph of his career by clinching USD 50,000 Yonex Dutch Open Grand Prix badminton tournament. The 27-year-old Bangalore-based player defeated Indonesia's Ihsan Maulana Mustofa 10-11, 11-6, 11-7, 1-11, 11-9 in the men's singles final which lasted 46 minutes to bag his maiden Grand Prix title at the Topsportcentrum Almere.

5) Kevin-Pietersen launched his autobiography named 'KP': Maverick England discard, Kevin Pietersen, who has had a turbulent time with the England team management,admits that meeting Rahul Dravid in India was a blessing, and has praised the former Indian legend in shaping up his batting technique. Pietersen, who recently launched his book 'KP', says an e-mail by Dravid on tackling his weakness against spin bowling, helped him immensly and brought to light his batting flaws. "Rahul was a great and heroic Indian batsman in his day. He is also a genius at dealing with spin bowlers. Our conversations and emails were a private master class from a genuine guru.Rahul improved my cricket and helped me develop the way I think about the game. His generosity will stay with me always," said Pietersen about Dravid.

6) India to host Asia Cup archery: India has been allotted the inaugural leg of the Asia Cup world-ranking archery tournament early next year. The Asia Cup, which will replace the Asian GP, will be held on the format of the annual World Cups and fetch valuable ranking points for the archers. According to a top Archery Association India (AAI) official, the first leg will be conducted in Delhi in the second week of January. The second and third legs have been allotted to Bangkok (March) and Tehran (June).

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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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