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1. Pakistan announced the successful training launch of the Medium Range Ballistic Missile, Hatf V (Ghauri) which can
carry both conventional and nuclear warheads to a distance of 1,300 km.
2. Mr. Ratan Tata was awarded an honorary doctorate of business from the University of New South Wales.
3. President Mahmoud Abbas submitted the request for upgrading the rank from an observer to a non-member
observer before the U.N. General Assembly. General Assembly voted emphatically to welcome Palestine as an observer
state.
4. The Ministry of Petroleum and Natural Gas will raise the cap on annual supply of subsidised cooking gas (LPG) to 9
cylinders per household provided the Finance Ministry agrees to give an additional Rs. 3,000-crore in 2012-13. But
Election Commission has directed it to stop any such proposal because Model Code of Conduct is in force in Gujarat.
5. The Bharatiya Janata Party (BJP) will complain to the Election Commission against the United Progressive Alliance
(UPA) governments announcement on direct cash subsidy transfer scheme, saying it violates the code of conduct in
view of the Gujarat elections.
6. Lok Sabha approved a Bill to expand the definition of offences related to money laundering. Mr. Chidambaram said
the amendments sought to enlarge the definition of predicate offences of money laundering and include activities that
are defined as crime under various other laws.
7. The Competition Commission of India (CCI) said it was
gathering information on the issue of alleged cartelisation
by domestic airlines on fixing fares and would soon take a
call on whether to probe the matter.
8. Goldman Sachs came out with a positive outlook for
India, saying the economy was likely to grow by 6.5 per
cent in 2013.
9. The bilateral talks between the Chief Ministers of
Karnataka and Tamil Nadu started in Bangalore to work out
a formula to share the available waters in the reservoirs
across the Cauvery, as suggested by the Supreme Court.
10. The 37-year-old Ricky Ponting announced his decision
to retire at the conclusion of the third Test match against
South Africa.
11. Sleeper-class train passengers must carry identity proof
from December 1 this year, as the Railways have firmed up
steps to prevent misuse of tickets.
12. The Securities Appellate Tribunal dismissed a joint
appeal by two Sahara Group firms against SEBI in a high-
profile case involving refund of about Rs. 24,000 crore with
interest to about three crore investors.
13. The last date for submitting Know-Your-Customer (KYC)
forms to gas agencies was extended till December 31,
2012. The officials were told to explore the possibility of
collecting the KYC forms directly from homes.
GK and Current Affairs Capsule (The Hindu) December 2012
Complied by Mr. Sumit Yadav (Senior GK Faculty Bank Power Institute Delhi)
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14. INDRA, joint military exercise with Russia, is being held in Mumbai from November 28 to December 3. INDRA began
in year 2003 and is being conducted every two years.
15. The Afghanistan-Pakistan Transit Trade Agreement (APTTA) will be extended to Tajikistan in the next few months
and thereafter to other Central Asian republics.
16. The Bombay Stock Exchange (BSE) launched BSE Carbonex, the first carbon-based thematic index in the country,
which takes a strategic view of organisational commitment to climate change mitigation.
17. Former Prime Minister Inder Kumar Gujral died. He was an Indian politician who served as the 12th Prime Minister of
India from April 1997 to March 1998.
18. The International Olympic Committee (IOC) suspended the Indian Olympic Association (IOA) at its Executive Board
meeting in Lausanne, apparently for ignoring its warning against holding its elections under the National Sports Code.
19. Expressing anguish that Yamuna water in Delhi has become filthy despite thousands of crores being spent on
improving its quality, the Supreme Court appointed a committee of technical experts.
20. About 45,000 Indians staying illegally in the United Arab Emirates have been permitted to leave the country by the
UAE Government under the amnesty scheme without payment of any penalty. The amnesty period has been declared
from December 4 to February 3.
21. GDP (gross domestic product) growth dipped to 5.3 per cent in the second quarter (July-September) of 2012-13 from
6.7 per cent in the same quarter during the previous fiscal. It also slipped from 5.5 per cent in the first quarter of the
current fiscal. Now GDP growth at 5.4 per cent during the first half (April-September) of 2012-13
22. Manipur Cabinet decided to recommend extension of the Disturbed Areas Act (DAA) for one more year. Under this
provision, the Armed Forces (Special Powers) Act (AFSPA) 1958, which gives untrammeled powers to the security forces,
will also be extended.
23. The World Bank has sanctioned an additional credit of $ 70 million to the State for the ongoing Karnataka Health
System Development and Reform Project (KHSDRP). The project will be financed by the International Development
Association (IDA).
24. The U.N. General Assembly approved a resolution calling on Israel to quickly open its nuclear programme for
inspection.
25. The U.S. fined a Chinese state-owned Huaxing Construction company $3 million after it agreed to plead guilty to
criminal charges for exporting U.S.-made coatings to a Pakistan nuclear plant against U.S. restrictions.
26. Japan and India signed a Bilateral Swap Agreement (BSA) which enables both countries to swap their local
currencies, that is, either Japanese yen or Indian rupee against the U.S. dollar for an amount up to $15 billion. The BSA
would be effective for a three-year period.
27. The Reserve Bank of India (RBI) has set up a supervisory college for State Bank of India (SBI) and ICICI Bank. The
concept was enunciated in the Basel Committee for Banking Supervision (BCBS) document.
28. UPA succeeded in defeating the Opposition motion against FDI in the multi-trade retail sector. The motion was
rejected with 253 members voting against and 218 members in favour. 22 members of the BSP and 21 members of the
SP staged a walkout before the motion was put to vote.
29. The Supreme Court will soon get three more judges M.Y. Eqbal (Madras), Vikramajit Sen (Karnataka) and V.
Gopalagowda (Orissa). With the elevation of three judges, the strength of the Supreme Court will go up to 28 as against
the sanctioned number of 31.
30. India has been ranked 94th out of 176 countries in Transparency Internationals 2012 Corruption Perception Index
(CPI). Last year, India was ranked 95 out of 183 countries that were studied.
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31. India has told the Shanghai Cooperation Organisation (SCO) prime ministerial meeting that it stood ready to join
the organisation as a full Member. Besides China and Russia, its other full members include Kazakhstan, Tajikistan,
Uzbekistan and Kyrgyzstan.
32. Chairman of the Pakistan Senate Syed Nayyer Hussain Bokhari visited India.
33. The Supreme Court directed Sahara group to deposit Rs.5,120 crore immediately and pay first instalment of
Rs.10,000 crore in the first week of January 2013 and the balance amount, including interest, in the first week of
February.
34. Russia and five other ex-Soviet States have agreed to reduce their dependence on the dollar, and promote payments
in national currencies. At a summit of the Commonwealth of Independent States (CIS) in Ashgabat (Turkmenistan)
Russia, Armenia, Belarus, Kazakhstan, Kirgizstan and Tajikistan signed an agreement to set up an integrated currency
market for CIS member States.
35. Facebook will replace Infosys in Nasdaq-100 index.
36. The Export-Import Bank of the United States (Ex-Im Bank) voted to provide $2.1-billion worth of direct loan and loan
guarantee to Reliance Industries Ltd.
37. GMR, which is operating the Ibrahim Nasir International Airport in Male for over two years, will exit Maldives. The
Singapore Court of Appeal held that Maldives had the right to annul a contract it had signed with GMR.
38. According to Google now user can insert files up to 10GB that is 400 times larger than what you can send as a
traditional attachment, from Drive directly into an email.
39. Two photographs sent by Indians have won the first and sixth places in what Guinness World Records has called the
largest photo competition. Called Wiki Loves Monuments 2012! (WLM), the online competition was organised by
Wikipedians all over the world. Pranav Singhs photo of Safdarjungs tomb in New Delhi secured the first place
internationally while Narender Kumars photo of the Taj Mahal got the sixth place.
40. India has decided to adopt a liberal visa policy for various categories of Bangladesh nationals to promote economic
engagement, people to people contact, cultural activity and tourism between the two nations.
41. Lakhs of people visited Chaityabhoomi in Dadar, Mumbai on the occasion of the death anniversary of Dr.
Babasaheb Ambedkar on 6 December.
42. NPAs of public sector banks rose close to one percentage point from 3.17 per cent to 4.01 per cent in six months to
September 2012.
43. The Centre appointed tax expert Parthasarathi Shome as adviser to Finance Minister P. Chidambaram in the rank of
Minister of State. Dr. Shome was appointed by Prime Minister Manmohan Singh as the Chairman of the Committee on
General Anti Avoidance Rules (GAAR).
44. An international credit rating agency is proposed to be set up soon by rating organisations from five countries,
including Indias Credit Analysis and Research Limited. MoU was signed by CARE Ratings with four rating agencies one
each from Brazil, South Africa, Portugal and Malaysia for the proposed international body.
45. RBI issued new guidelines for Core Investment Companies (CIC). All CICs investing in joint ventures or subsidiaries
or representative offices overseas in the financial sector will require prior approval from the bank, the RBI said in a
release.
46. United Progressive Alliance government won the vote on the policy on FDI in multi-brand retail sector in the Rajya
Sabha. SP walked out, reducing the effective strength of the House by nine members. The BSPs 15 MPs voted against
the motion.
47. The Union Sports Ministry de-recognised the Archery Association of India (AAI), headed by the Vijay Kumar
Malhotra, and suspended the Indian Amateur Boxing Federation (IABF) for violating provisions of the National Sports
Code.
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48. A magnitude 7.3 earthquake jolted north-eastern Japan triggering a metre-high tsunami and shaking buildings in
Tokyo.
49. Peter Toghrille Hassan has been chosen for the Order de Mayo-Officer of the Order, the highest Civilian Award of
the Republic of Argentina.
50. Nationalist Congress Party leader, Ajit Pawar, was again sworn in as Deputy Chief Minister of Maharashtra.
51. Indira Gandhi Centre was set up for Sustainable Development at Somerville College, University of Oxford.
52. The Union government has warned domestic LPG consumers using multiple connections that they will lose their
cylinder supply and will have to buy the cooking gas at commercial rates if they fail to submit their Know Your Customer
(KYC) forms by December 31.
53. The United Nations climate talks held at Doha in Qatar. A U.N. conference passed a package of agreements to
combat climate change and extend the life of the Kyoto Protocol.
54. The Employees Provident Fund Organisation (EPFO) has launched e-passbook facility that enables members with
active accounts to view and generate their account passbooks by visiting www.epfindia.com.
55. The Asian Development Bank in Asian Development Outlook (ADO) 2012, cut Indias growth forecast to 5.4 per cent
in 2012-13.
56. The Railways is installing Automatic Ticket Vending Machines (ATVM) in the stations to help passengers procure
tickets for unreserved rail travel without actually having to stand in queues.
57. World Conference on International Telecommunications (WCIT) held in Dubai.
58. Sri Lankas first woman Chief Justice Shirani Bandaranayake faced the threat of dismissal from office after a
parliamentary panel found her guilty of three accusations of professional misconduct.
59. South Korean singer PSY, famed for his runaway hit Gangnam Style, apologised for anti-American performances a
decade ago, ahead of a planned show before U.S. President Barack Obama.
60. Indias foreign exchange reserves fell by $471.3 million to $294.51 billion during the week ended November 30.
61. December 14 marked as National Energy Conservation Day.
62. Pakistans National Assembly unanimously adopted a resolution urging the government to declare rights activist
Malala Yousufzai as Daughter of Pakistan. Pakistans President Asif Ali Zardari announced a $10-million donation for a
global war chest to educate all girls by 2015 set up in the name of Malala Yousafzai.
63. The One Billion Rising campaign was launched in Rajasthan on December 10, the International Human Rights Day.
The campaign is a global movement launched to stop violence against women.
64. A broad defence cooperation agreement was among five pacts signed following delegation-level talks between the
visiting Ukrainian President, Viktor Yanukovych, and Prime Minister Manmohan Singh in New Delhi. Ukrainian President
Viktor Yanukovych is in India for state visit.
65. Delhi-based poet Sudeep Sen has been invited to address the Nobel Laureate Week being held in Saint Lucia.
66. Russia has delivered the first three of the upgraded MiG-29 fighters to India, more than two years behind schedule.
67. Lok Sabha approved by voice vote an amendment Bill that seeks to make recovery of bad loans by banks easier. The
Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 seeks to convert any part of debt
into shares of a defaulting firm by the Asset Reconstruction Company (ARC). Debt Recovery Tribunal law dealt with only
those who had borrowed in excess of Rs. 10 lakh.
68. The Norwegian Nobel Prize Committee honoured the European Union with Peace Prize for 2012 in Oslo. The prize
money of 930,000 will be given to projects that help children struggling in war zones. The EU has said it will add 1.07
million along with it to donate a total of 2 million to the selected aid projects.
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69. The former Bangladesh President Iajuddin Ahmed has died in Bangkok.
70. The Jaipur Metro Rail Corporation will shortly obtain loan worth Rs.969 crore from the Asian Development Bank.
71. The Union government has appointed K. Vijay Kumar, as Senior Security Adviser in the Home Ministry where he will
advise on security and development in the Naxal-affected States.
72. Soldiers arrested Malis Prime Minister Cheikh Modibo Diarra and ordered him to resign.
73. HSBC said that it would pay $1.9 billion to settle a U.S. money laundering probe.
74. Pandit Ravi Shankar died in San Diego. He was awarded with Bharat Ratna and the Grammies.
75. The government announced a time-bound inquiry by a retired judge into reports of lobbying by retail giant Wal-Mart
to gain entry into India..
76. Surface-to-surface, nuclear weapons capable Agni-1 missile was successfully test-fired for its full range of 700 km
from the Wheeler Island, off the Odisha coast.
77. The government told Parliament that investigation into alleged FEMA violations in the Bharti-Walmart joint venture
had been referred to the Enforcement Directorate. Online services provider Flipkart is also under the ED scanner.
78. North Korea said it had successfully put a satellite into orbit after launching a long-range rocket. The launch was the
Norths second attempt this year under the rule of Kim Jong-un.
79. Boosted by the growth in the power and manufacturing sectors, the Index of Industrial Production (IIP) posted a
robust 8.2 per cent growth in October.
80. Non-banking financial companies (NBFC) would need RBIs prior approval before making changes in their ownership
control, a draft guideline of the central bank said. The draft guidelines is based on the Usha Thorat Committee report.
81. The Reserve Bank of India (RBI) stipulated that debit cards would be issued to customers having Savings Bank and
Current Accounts but not to cash credit or loan account holders.
82. Credit Information Bureau (India) Limited (CIBIL) is keen to offer its expertise in minimising risks to insurance
companies.
83. Rising for the second consecutive month, retail inflation surged to 9.9 per cent in November.
84. Government decided to set up a Cabinet Committee on Investment (CCI) to accord single-window approval to mega
projects of over Rs 1,000 crore. CCI will be headed by the Prime Minister. Finance Minister P Chidambaram had
suggested that the body be called National Investment Board (NIB). The Cabinet, however, renamed the proposed body
as Cabinet Committee on Investment.
85. The final version of The Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land
Acquisition Bill was approved by the Cabinet. The bill now requires the consent of only 70 per cent of land owners when
the government acquires land for a public-private partnership (PPP) project. A slightly higher bar 80 per cent consent
has been put in place for all other types of projects.
86. Sitar maestro Pandit Ravi Shankar will be honoured with a Grammy Lifetime Achievement Award posthumously.
87. The Union government decided to retain a clause in a Bill on judicial standards which debars judges from making
verbal comments against any constitutional authority in open courts.
88. International Atomic Energy Agency (IAEA) has arrived in Tehran to work out a plan to resolve the remaining
concerns about Irans nuclear programme. The seven-member delegation that arrived is led by Herman Nackaerts,
Deputy Director-General of the IAEA.
89. The Cabinet Committee on Economic Affairs (CCEA) approved a urea investment policy, which is likely to incentivize
fertilizer companies to set up new plants and expand existing capacity.
90. Power Finance Corporation (PFC) has launched a tax-free bond issue to mobilise up to Rs.4,590 crore from investors.
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91. Anil Ambanis Reliance Group and Chinas Wanda Group have signed a memorandum of understanding to set up a
joint venture (JV) for real estate development on land owned by Reliance Communications and Reliance Infrastructure.
92. The marriage of Bollywood actor Vidya Balan and UTV head Siddharth Roy Kapoor was conducted in a private
ceremony.
93. The UPA governments plans to roll out direct benefits transfers in 51 districts earlier referred to as direct cash
transfers from January 1, 2013 will remove corruption. Aap ka paisa, aapke haath will be the Congress political
slogan for this scheme.
94. The Reserve Bank of India (RBI) extended the deadline given to migrate to new-look cheques (CTS-2010 Standard
cheques), with more security and standardised features, to March 31, 2013. Earlier, it had set a December 31 deadline.
95. Indian Oil Corporation (IOC) is the biggest company in terms of revenue, followed by Reliance Industries, according
to the Fortune 500 list of Indian companies for 2012.
96. The biggest initial public offer since Coal Indias offer in October, 2010, made by telecom tower company Bharti
Infratel has received a total subscription of over Rs.4,365 crore or 1.3 times the issue size on its last day.
97. Standard and Poors cut the outlook on Britains AAA credit rating from stable to negative.
98. The gunman, Adam Lanza in the U.S. second deadliest school shooting shot 26 people, 20 of them children.
99. A cavalcade of 31 cars with 116 participants from 11 countries arrived in Imphal on their way to Nagaland and
Assam. During their 8,000-km journey, they will cover 10 countries.
100. India, Sri Lanka and the Maldives will soon sign a trilateral agreement on maritime cooperation. It was decided at
maritime security seminar, Galle Dialogue (In Sri Lanka).
101. Interior Minister of Pakistan Rehman Malik visited India.
102. United Progressive Alliance chairperson Sonia Gandhi launched the Delhi governments ambitious food security
programme, Dilli Annshree Yojana, a direct benefit transfer system. In this monthly cash subsidy of Rs. 600 will be
directly transferred to the bank account of the senior most female member.
103. Prime Minister Manmohan Singh will inaugurate the Pravasi Bharatiya Divas in Kochi on January 8. Mauritius
President Rajkeswur Purryag would be the chief guest.
104. Naina Lal Kidwai took over as the first woman President of the Federation of Indian Chambers of Commerce and
Industry (FICCI).
105. Madhav Gadgil Committee to protect the Western Ghats.
106. The government proposes a separate quota for single women under its two ambitious housing schemes the Indira
Awas Yojana and Rajiv Awas Yojana.
107. Former Prime Minister Shinzo Abe won election in Japan.
108. Danny Boyle is reported to have turned down a knighthood title of British Government.
109. Barring Samajwadi Party, an overwhelming majority in the Rajya Sabha passed the Bill that provides for quotas for
SCs and STs in government job promotions. The Constitution amendment Bill was approved by 194 members in the 245-
strong House.
110. Twenty-eight years after an English team last won a series in India. England Cricket team led by Alastair Cook won
series by 2-1.
111. 20th commemorative Asean-India summit will be held in New Delhi.
112. Ebb and Flow, NASAs twin lunar-orbiting spacecraft are scheduled to hurtle into a crater on the lunar surface at 1.7
km per second.
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113. The Reserve Bank of India (RBI) allowed developers/builders to raise funds through external commercial
borrowings (ECBs) for low-cost affordable housing projects with immediate effect.
114. Lok Sabha approved Constitution amendment Bill that will grant special status to six backward districts in the
Hyderabad Karnataka region. The Constitution (118th Amendment) Bill, 2012 seeks to insert a new Article 371-J to
provide special recognition for the six backward districts in north Karnataka: Gulbarga, Yadgir, Raichur, Bidar, Koppal and
Bellary.
115. Leaders representing Afghanistans government and opposition will meet with representatives of the Taliban at
Paris in France.
116. The Lok Sabha passed the Banking Laws (Amendment) Bill, 2011, to pave the way for foreign investments in the
sector and establishment of new private banks. The Minister also expressed the commitment of the government to
infuse Rs.15,000 crore into public sector banks in the current financial year.
117. The Banking Bill also seeks to raise the voting rights of investors in private sector banks to 26 per cent, from 10 per
cent. It also allows the RBI to supersede boards of private sector banks and increase the cap on voting rights of private
investors in PSBs to 10 per cent, from one per cent.
118. Ratan Tata will be the honorary Chairman of Tata Sons after he retires as Chairman on December 28. Cyrus Mistry
was formally appointed his successor.
119. India and the Association of Southeast Asian Nations (ASEAN) finalised the much-awaited free trade agreement
(FTA) in services and investments. This move is likely to boost trade to $100 billion by 2015.
120. The Maha Kumbh Mela, which is held in Allahabad every 12 years, will officially begin on January 14 and conclude
on Maha Shivaratri on March 10.
121. The Election Commission announced the by-election for a Rajya Sabha seat from Maharashtra. The vacancy arose
due to the passing away of the former Science and Technology Minister, Vilasrao Deshmukh.
122. Turkeys decision to seek Patriot missiles from NATO for deployment along the Syrian border has caused a major
disruption in its ties with Iran.
123. The RBI kept the indicative repo rate unchanged at 8 per cent and Cash Reserve Ratio (CRR) unchanged at 4.25 per
cent.
124. The Special Forces of India and Sri Lanka are now involved in war games at Nahan in Himachal Pradesh.
125. The Navy received the first of the eight P-8I maritime surveillance aircraft it is to get from Boeing. India had signed a
deal worth over $2.1 billion with the American firm in January 2009 for procuring the long-range surveillance aircraft.
126. South Korea elected its first woman President Park Geun-hye.
127. Prime Minister David Cameron announced that Britain planned to withdraw nearly half of its troops from
Afghanistan next year, ahead of the final pull-out of all foreign forces in 2014.
128. Lok Sabha approved Companies Bill 2011. Remuneration of a director of a company should not be more than 5
per cent of the net profit. Companies have to mandatorily spend 2 per cent of their average net profit for CSR (corporate
social responsibility) activities.
129. Narendra Modi swept back to power in Gujarat for the third time in a row. He won 115 seats out of 182 members
Assembly.
130. Voters in Himachal Pradesh voted for Congress, giving it 36 of the 68 Assembly seats.
131. The Strategic Forces Command (SFC) successfully flight-tested nuclear weapons-capable Prithvi-II missile from
Chandipur, off the Odisha coast with a strike range of 350 km.
132. Olivia Culpo of USA crowned as Miss Universe 2012 in Las Vegas. Philippines Janine Tugonon was adjudged the first
runner-up followed by Venezuelas Irene Esser.
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133. Booker-nominated Jeet Thayil and Bengali novelist Subrata Mukhopadhyaya were among the 24 authors selected
for this years Sahitya Akademi Awards.
134. Singapore Prime Minister Lee Hsien Loong visited India.
135. Glitches in SARAL, a satellite meant for studying the ocean currents and sea surface heights, has led to the
postponement of its launch from December to the second week of February 2013 from the Sriharikota spaceport in
Andhra Pradesh.
136. Facebook co-founder Mark Zuckerberg has announced a donation of about a half-billion dollars worth of his
companys stock to charity in Silicon Valley.
137. Kingfisher Airlines has applied for renewal of its licence. But the DGCA has rejected the request as the airline has
not yet submitted a revival plan.
138. MCX Stock Exchange (MCX-SX) has received the final go-ahead from regulator Securities and Exchange Board of
India (SEBI) for going live in new product segments such as equity, wholesale debt (bonds) and interest rate derivatives.
139. The Raman Singh government in Chhattisgarh enacted Chhattisgarh Food Security Act, 2012, which provides for
food entitlements to all Antyodaya households, priority households and general households without prescribing any
limit on the percentage of beneficiaries in the vulnerable groups.
140. Air-to-Air Missile Astra was successfully launched from Chandipur, Odisha. Astra can hit targets flying 40 km away.
141. Global rating agency Standard & Poors (S&P) has said that it expects India to grow by 6.5 per cent during 2013.
142. The foreign investment ceiling in asset reconstruction companies (ARCs) has been increased to 74 per cent from 49
per cent.
143. Germany has emerged as the top trading partner of India within Europe.
144. A renowned Indian-American inventor at IBM, Rangaswamy Srinivasan, has been nominated by U.S. President
Barack Obama for the prestigious National Medal of Technology and Innovation.
145. South Korean rapper Psys hit song Gangnam Style has become the first video to clock up more than one billion
views on YouTube.
146. Italys President dissolved Parliament following Premier Mario Montis resignation.
147. Sachin Tendulkar has decided to quit 50-overs cricket. He played 463-match ODI career in which he scored 18,426
runs at 44.83 by informing. Tendulkar has played six World Cups from the 1992 World Cup in Australia-New Zealand till
the ICC World Cup 2011 that India won defeating Sri Lanka in the final at the Wankhede Stadium.
148. Virbhadra Singh took the oath for Chief Minister of Himachal Pradesh.
149. Russian President Vladimir Putin Started visit to India. In this visit India and Russia moved to strengthen their
economic ties by inking a pact on a Russia-backed $2 billion investment fund and agreeing to open talks on a
Comprehensive Economic Partnership Agreement that will also involve Belarus and Kazakhstan.
150. Justice Swatanter Kumar has taken over as chairperson of the National Green Tribunal (NGT).
151. Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) signed a pact with State Bank of India (SBI) for
setting up a $2 billion investment consortium for promoting investments between the two countries. The RDIF and SBI
would each invest up to $1 billion in the consortium
152. The Mahabrinda Natyam, a performance by 5,794 artistes bagged a coveted place in the Guinness Book of World
Records for the largest Kuchipudi dance at the GMC Balayogi Stadium in Hyderabad.
154. Cabinet Committee on Economic Affairs (CCEA) approved a hike of Rs. 65 per quintal in the minimum support price
(MSP) of wheat and allowed an additional 2.5 million tonnes of wheat export from its godowns to liquidate stocks.
Wheat MSP will now be Rs. 1,350 per quintal.
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155. The Commission, to be headed by the former Delhi High Court judge, Justice Usha Mehra, will also suggest
measures to make Delhi and the National Capital Region safer for women. It has been asked to submit a report within
three months.
156. Three-member panel headed by the former Chief Justice of India, J.S. Verma will suggest changes in law to provide
for quicker trial and stringent punishment in aggravated sexual assault cases amid demands for death penalty.
157. The Defence Research and Development Organisation (DRDO) launched K-15 submarine missile off the
Visakhapatnam coast with a range of 700 Km. India has been developing the K-4 missile, to be launched from
submarines. It will be more powerful than K-15, with a range of 3,000 km.
158. Egypts controversial new constitution has been signed into law by President Mohamed Morsy
159. China launched services on the worlds longest high-speed rail route. The opening of the 2,298-km line between
Beijing and Guangzhou means passengers will be whisked from the capital to the southern commercial hub in just eight
hours, compared with the 22 hours previously.
160. The 2 per cent interest subsidy scheme for export, which was to end on March 2013, has been extended for one
more year.
161. The National Biodiversity
Conference organised in
Thiruvananthapuram in Kerala.
162. National Development
Council have marginally reduced
the average annual growth rate
to 8 per cent (from 8.2 per cent).
163. India has been ranked at a
low position of 40 among 50
economies in the world in terms
of "dynamism", which was
topped by Singapore, in a list
compiled by assurance, tax and
advisory firm Grant Thornton.
164. The agriculture sector
witnessed record food grain
output of 257.44 million tonnes in
this year enabling the country to
become world's largest rice
exporter for the first time
165. India and Russia inked
defence deals worth $3 billion. At
the end of talks at the 13th India-
Russia Annual Summit between
Prime Minister Manmohan Singh
and visiting Russian President
Vladimir Putin in New Delhi, the
two leaders hailed cooperation,
as officials inked a $1.6 billion
deal for India to purchase 42
Sukhoi Su-30 fighter jets and a
$1.3 billion contract for the
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delivery of 71 Mi-17 military helicopters.
166. Internet services and devices industry has potential to increase its contribution to up to 3.3 per cent to India's gross
domestic product by 2015, a report by McKinsey & Company said.
167. India lost a whopping USD 123 billion in black money in 2001-2010, making it the eight largest victim of illicit
financial outflow, a US-based research and advocacy organisation said in a report.
168. To prevent the use of stolen cards, the RBI asked banks to consider issuing debit cards with photographs of the
cardholders on them.
169. RBI advised banks to use Aadhaar cards as well as job cards issued under Mahatma Gandhi National Employment
Rural Employment Guarantee Scheme as a valid address proof for opening of accounts.