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India ranking in different Indexes
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India ranking in different Indexes: 1. Human Development Index 2014 – 135 2. Global Environment Performance Index 2014 – 155 3. Intellectual property (IP) environment 2014 – 25 (US ranked on the top followed by UK and France) 4. World Press Freedom Index 2014 - 140 in the list of 180 countries 5. World's best countries for doing business 2014 – 134 6. Global Peace Index 2014 – 143 7. Global Innovation Index 2014 - 76 8. World Prosperity Index 2013 – 106. 9. Global Corruption Index 2013 – 94 10. Global Competitiveness Index 2013 -60 for 2013 (Switzerland top in this report) News Related to Banking & Finance 1. Govt. launch Jan Dhan scheme to promote financial inclusion: Prime Minister Narendra Modi launched 'Pradhan Mantri Jan Dhan Yojana' to help the poor open bank accounts which will come with the facility of a debit card and an insurance cover of Rs 1 lakh. Note: i. The main features of the scheme include Rs 5,000 overdraft facility for Aadhar-linked accounts, Ru Pay Debit Card with inbuilt Rs 1 lakh accident insurance cover and minimum monthly remuneration of Rs 5,000 to business correspondents who will provide the last link between the account holders and the bank.
five emerging economies - Brazil, Russia, India, China and South Africa. 3. Import duty of sugar hiked from 15 to 25 per cent 4. ICICI Bank offers EMI on debit cards: ICICI Bank, the country’s largest private sector bank, has launched EMI (equated monthly installments) facility on debit cards to enable its customers to convert their high value transactions into easy installments.
Limited for alleged irregularities in issuance of warrants by the company to its promoters. 9. ICICI Bank launches travel card for students : ICICI Bank, has announced the launch of the ‘ICICI Bank Student Travel Card’, which enables students going abroad for higher studies to take care of their expenses. Note: ICICI Bank Student Travel Card is available in the dollar, pound, euro, Australian dollar and Canadian dollar. It is valid for three years and can be applied for from any foreign exchange-enabled ICICI Bank branch. Anyone, including noncustomers, can apply for this card. 10. India Ratings & Research revised its FY15 gross domestic product (GDP) growth forecast to 5.7 per cent from its April 2014 forecast of 5.6 per cent. 11. The Supreme Court (SC) ruled that a complaint about a bounced cheque must only be filed at the place where the bank dishonoured it, settling doubts raised by its own earlier conflicting judgments on the jurisdiction of a magistrate. 12. Asian Development Bank (ADB) has upgraded India's economic growth forecast to 6.3 per cent in 2015-16 13. The World Bank has committed 15 to 18 billion dollars to India by 2017 to help the country return to a higher growth path which is critical for boosting jobs and reducing poverty. 14. HDFC Bank Ltd has opened its branch in Dubai. After Bahrain and Hong Kong, this is HDFC Bank’s third overseas branch. 15. World Bank to give $153 mn loan for Odisha project: India has inked a loan agreement with World Bank for assistance of $153 million (about Rs 920 crore) for the Odisha Disaster Recovery Project. 16. A panel headed by former Economic Advisor to Prime Minister, C Rangarajan sets poverty line at Rupees 32 per day in rural areas and Rupees 47 in Urban areas. He also said that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population, which means that three out of 10 persons are poor. The Rangarajan Committee was set up last year to review the Tendulkar Committee methodology for estimating poverty and clear the ambiguity over the number of poor in the country. 14. Exim Bank has extended USD 46 million line of credit to Mauritius for financing goods and defence related vehicles purchases. 15. World Bank has signed an agreement with the government to provide a loan assistance of USD 1,006.20 million for Sarva Shiksha Abhiyan III, which is the largest ongoing "Education for All" programme in the world. 16. FICCI and IDBI signed an MoU for easy access to organised finance facility at competitive interest rates for micro, small and medium enterprise (MSME). 17. India recently launched its own payment gateway 'RuPay', equivalent of Visa and Mastercard, which will work on ATMs and merchant outlets and help in reducing cash transactions. Note: i. RuPay, which works on three channels -- ATMs, Point of Sales (POS) and online sales, is the seventh such payment gateway in the world. ii. The RuPay platform -- developed by National Payments Corporation of India (NPCI)-- is being used by certain banks like ICICI, State Bank of India, Punjab National Bank, among others, for clearing and settlement. 18. India became third-largest economy in 2011 from 10th in 2005: World Bank. 19. World Bank will provide $500 million loan for water supply and sanitation projects in the rural areas of Assam, Bihar, Jharkhand and Uttar Pradesh. 20. World Bank will provide 50 million dollar assistance to Afghanistan to support the government's efforts to improve access to credit for micro, small and medium enterprises. ABOUT : NABARD – National Bank for Agricultural and Rural Development Headquarters Mumbai, Maharashtra, India Established 12 July 1982 Chairman Dr. Harsh Kumar Bhanwala ORIGIN: The Committee to Review the Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) set up by Reserve Bank of India in 1979 recommended formation of “NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT (NABARD)” as a “new organisational device for providing undivided attention, forceful direction and pointed focus to the credit problems arising out of integrated rural development”.
for the promotion and development of agriculture, small scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting integrated rural development and securing prosperity of rural areas, and for matters connected therewith or incidental thereto. CORPORATE MISSION: Promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives. CAPITAL STRUCTURE: The paid up capital of NABARD is Rs.2,000 crore with Government of India (GoI) holding Rs.1,980 crore and the remaining by Reserve Bank of India (RBI). ORGANISATIONAL SETUP: NABARD, with its Head Office at Mumbai, has 30 Regional Offices located in States and a Union Territory. Important Committees in News: 1. G. Padmanabhan Committee: implementation of Bharat Bill Payment System (BPPS) 2. Nachiket Mor committee: for small and payments bank 3. Nachiket Mor Committee: to permits NBFCs to work as Business Correspondents of banks. 4. Deepak Mohanty Committee: on Data and Information Management in the Reserve Bank of India 5. K.K. Mehrotra Committee: to inquire gas leakage in Bhilai Steel Plant. 6. PJ Nayak: to review Governance of Boards of Banks in India. The committee was constituted under the chairmanship of P. J. Nayak. He is a former Chairman and CEO of Axis Bank. 7. M P Bezbaruah: to suggest suitable remedial measures to address concerns regarding security of people from North East. www.bankersadda.com | www.careerpower.in | www.careeradda.co.in 8. B. Sambamurthy: panel favours single mobile banking app on all SIMs. Panel recommended that customers should not be required to visit the bank branch for mobile number registration. 9. Vijay Kelkar Committee was appointed by the Petroleum and Natural Gas Ministry to prepare a road map to make India self-sufficient in oil and natural gas by 2030. 10. Vishnu Sahay committee: look probe into the Muzaffarnagar communal violence. 11. Urjit Patel Committee - to examine the current monetary policy framework 12. Mukul Mudgal member panel to probe IPL spot-fixing 13. Nachiket Mor - committee on comprehensive financial services for small businesses and low-income households. 14. Justice A.P. Shah committee : to head panel on road safety 15. Anil Kaushal committee: to examine the recommendations made by the TRAI on pricing of Spectrum. 16. Bimal Jalan panel : to scrutinize applications for new bank licenses. 17. Parthasarathi Shome. – for Tax Administration Reform Commission (TARC), Suggest a system to enforce better tax compliance 18. Kirit Parikh panel : on fuel pricing has suggested that the diesel prices should be increased by Rs 1-1.50 a litre every month as against the 45-50 paise monthly hike followed currently. 19. K U.B. Rao : the idea of setting up Bullion Bank or Bullion Corporation of India 20. Arvind Mayaram Panel: report on the alleged irregularities at the National Spot Exchange Ltd (NSEL) 21. Arvind Mayaram Committee –for giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) 22. Suma Verma Committee - to update, and revise the Banking Ombudsman Scheme, 2006 Important News (India & World): 1. The year 2014 has been declared by the United Nations as the International Year of Family Farming. 2. 2015-16 to be observed as Water Conservation Year. 3. Textiles Ministry, Flipkart join hands for handloom weavers an initiative to boost the handloom sector, empower the weavers and uplift manufacturing in the country. 4. Prime Minister Narendra Modi dedicated to the nation the Ranchi-Dharamjaygarh-Sipat 765kv inter-regional power transmission line in Jharkhand. Note: This line is the first inter-regional link between eastern region and western region. 5. Afghanistan celebrated its 95th Independence Day on 19 August 2014. 6. Bangladesh has decided to set up an Exclusive Economic Zone for Japan to attract investors and entrepreneurs. 7. 20th edition of annual Delhi Book Fair begins in New Delhi. Theme of the nine- day event is 'Literature in Cinema'. 8. Tata Consultancy Services (TCS) and Bharti Foundation announce to spend 200 crore rupees for Clean India Campaign. 9. HDFC Bank accorded most valued brand: HDFC Bank with a brand value of $ 9.4bn is India’s most valuable brand according to the first edition of the BrandZ Top 50 Most Valuable Indian Brands ranking. Note: Airtel occupy 2nd post. SBI at number 3rd and ICICI at number 4th position. 10. IDBI Bank has donated Rs 9 crore towards the building of 300 gender-segragated toilets in schools close to the bank’s branches in rural and semi-urban areas. 11. According to Global Peace Index, 2014 Bhutan, Nepal two most peaceful countries in South Asian region. Note: i. Bhutan stands at 16th position and Nepal at 76th position. ii. Bangladesh is ahead of India, Pakistan and Afghanistan in terms of 'state of peace'. iii. While Bangladesh occupied 98th position, India was rated at 143, Pakistan 154, and Afghanistan at 161. iv. Iceland, Denmark and Austria were ranked first, second and third respectively. 12. TATA-SIA Airlines brand name to be called Vistara: Tata-Singapore Airlines (SIA) named its upcoming joint venture airline as Vistara and will start its operation from October 2014. Vistara is an inspiration from Sanskrit word, Vistaar that means limitless expanse. It has drawn inspiration from the brand’s domain – the limitless sky. 13. Union Minister for Roads, Highways and Shipping Nitin Gadkari announced Rs 15,000 crore road projects in Uttar Pradesh and Haryana. 14. Maryam Mirzakhani, an Iranian born mathematician, became the first woman to win coveted Fields Medal in Seoul, South Korea.
15. India ranked 5th amongst top 10 wind power producers: Report. Note: China was the leading wind power producer by adding 16,100 MW capacity in 2013, followed by USA, Germany and Spain,” Renewables 2014 Global Status Report said. 16. Australia and Japan to assist India in civilian nuclear deal. Note: i. Japan is the leading producer of turbine required for 1,000 MW capacity. ii. Australia holds about a third of the world's recoverable uranium resources. 17. A Hindu temple, claiming to be the world's first 'eco-temple' featuring solar panels and a rainwater harvesting system, has been opened in northwest London in the UK. 18. Chhattisgarh government had proposed to set up a marine Fossil Park in Manendragarh area of Koriya district. 19. Google confirmed that it has bought the startup behind a Jetpac mobile application that creates insightful travel guides by analyzing pictures from social networks such as Instagram. 20. WHO declares Ebola epidemic a global emergency: The World Health Organisation declared the killer Ebola epidemic ravaging parts of West Africa an international health emergency and appealed for global aid to help afflicted countries. 21. Union Cabinet approved the Juvenile Justice Bill, 2014 to amend the Juvenile Justice Act, 2000 Note: Age of a Juvenile in the JJ Bill, 2014: The bill will treat minors above the age of 16 as adults, who are accused of heinous crimes like rape and murder. The JJ Act, 2000 treats any person below the age of 18 as juvenile. Note: The Provision for Children in conflict zones and Corporal punishment in the JJ Bill, 2014: The Bill proposes up to seven year rigorous imprisonment, 5 lakh rupees fine or both for militant groups who recruit child soldiers or use children for any purpose.
imports of agricultural products from all countries that have imposed sanctions on Russia over the crisis in Ukraine. Major sanctions were made by the US and EU. 23. Lok Sabha passes Securities Laws (Amendment) Bill: A Bill to enhance the powers of market regulator SEBI to curb the menace of Ponzi schemes and protect investors from fraudulent diversion of monies raised from them was passed by Lok Sabha 24. Doordarshan signs pact with German channel: In an effort to distribute its content to international markets, DD India has signed an agreement with German public service broadcaster Deutsche Welle (DW). This agreement will help India’s public broadcaster get a global footprint with its programmes becoming part of the Free-to- Air basic pack on a DTH platform. 25. A poem from Nobel laureate Rabindranath Tagore’s masterpiece The Gitanjaliwas recited by Indian Ambassador to the U.N. Asoke Kumar Mukerji as part of a commemorative ceremony held here marking 100 years of the outbreak of the World War I. 26. As per the provisional results of the Sixth Economic Census released by the Union Ministry of Statistics and Programme Implementation (MoSPI) on July 30 - Manipur at 83.29 per cent tops the list of percentage of growth in employment followed by Assam, Sikkim, Uttar Pradesh, Andaman and Nicobar Islands, Himachal Pradesh, Jammu and Kashmir, Uttarakhand, Gujarat and Rajasthan. 27. The World Bank has pledged USD 200 million in emergency funding to Guinea, Liberia and Sierra Leone to help the West African countries contain spread of deadly Ebola infections and improve public health systems. 28. Prime Minister Narendra Modi who is on an official visit to Nepal offered a line of $1 billion credit to Nepal 29. CBI arrested six persons including chairman-cum-managing director of Syndicate Bank SK Jain for allegedly taking bribe of Rs. 50 lakh for increasing credit limit of some companies in violation of banking rules. 30. Flipkart announced it has raised $1 billion (Rs 6,000 crore), the largest ever fund-raising by an Indian internet company. 31. India’s largest telecom firm Bharti Airtel said it has crossed 300 million customers mark across its mobile, fixed line, DSL and DTH services. 32. Australian government has approved billionaire Gautam Adani promoted Adani Goup's proposed $16.5 billion (US $ 15.5 billion) Carmichael Coal Mine and Rail project. 33. Amitabh Bachchan named as Maharashtra's horticulture ambassador 34. A recent study report prepared by Assocham’s Economic Research Bureau has showed that Gujarat topped in new investments attracted by the power sector during the period 2004-05 and 2012-13. Three states have recorded highest growth rate in terms of per capita income during 2004-13 are: Gujarat, Maharashtra
facilitate Citizen Engagement in Good Governance. 36. Footwear maker Woodland has tied up with UNICEF to promote a water, sanitation and hygiene campaign (WASH) in Assam.
37. Bollywood star Salman Khan has been appointed brand ambassador for plumbing pipe major Astral Poly Technik Ltd. www.bankersadda.com | www.careerpower.in | www.careeradda.co.in 38. Indian projects figure among the highest foreign investment in Britain in the last financial year. 39. Tata Consultancy Services has become the first Indian company with a market capitalisation of Rs 5 lakh crore. 40. Former President of the United States of America Bill Clinton visited Jabrouli village, near Lucknow, on an awareness mission on diarrhoea. 41. India is ranked 135 in Human Development Index, 42. Global Innovation Index : Switzerland has claimed the top spot on the Global Innovation Index for the fourth-straight year. India slipped 10 places compared to last year, placing 76th. 43. Rio Tinto, the world’s largest merchant miner with more than two-third share of the globe’s iron ore business, and having a significant presence in other minerals and commodities. Rio Tinto’s plan to mine iron ore in Odisha, for which it has a joint venture agreement with the Odisha Mining Corporation
four out of 10 people infected with the deadly virus in the Asia—Pacific region, according to a UN report. The first—ever UNAIDS ‘Gap Report’ said after sub—Saharan Africa, the region with the largest number of people living with HIV is Asia and the Pacific. 45. India has emerged as the world's largest consumer of antibiotics followed by China and the US, according to a new study which quantifies the growing alarm surrounding antibiotic-resistance. 46. The government has slapped an additional penalty of USD 579 million on Reliance Industries for producing less than targeted natural gas from its KG-D6 block. 47. State-owned National Aluminium Co Ltd has signed a memorandum of understanding with Indian Rare Earths Ltd (IREL), another public sector organisation under the Department of Atomic Energy, for jointly establishing a 1 lakh tonne titanium slag plant at Chatrapur in Odisha.
supply for its nuclear power plants. Russia and Kazhakhstan are the main suppliers. 49. In terms of GDP, India's economy is 10th biggest: World Bank - After growing at an average annual rate of just over 6 per cent from 1980 to 2010, India’s economy is now the 10th biggest in the world in terms of gross domestic product, according to the World Bank.
account of government interference in running Nigeria Football Federation (NFF). 51. Bor Wildlife Sanctuary: India’s 47th Tiger Reserve: As per the notification of Environment Ministry, Maharashtra’s Bor Wildlife Sanctuary will become the country’s 47th Tiger Reserve with an aim to bolster the conservation efforts of the national animal.
Pyu Cities include three cities Halin, Beikthano and Sri Ksetra. Download 0.5 Mb. Share with your friends:
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