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Current Affairs
February - 2012

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Current Affairs - February 2012

India and ADB Signed the third and last tranche of loan agreement to support electricity transmission and distribution capacity in Assam Human Resource Development (HRD) ministry on 28 February 2012 launched a web portal for implementation of the National Scheme of Incentive to Girls for Secondary Education (NSIGSE) in New Delhi India on 29 February 2012 took over the chair of assembly and governing board of Association of Supreme Audit Institutions (ASOSAI) Indian IT major Tata Consultancy Services on 28 February 2012 joined hand with US based business application software services firm Infor Fujitsu India, Indian subsidiary of Japanese IT equipment and services company Fujitsu, launched its new notebook series on 28 February 2012 Sushil Kumar Modi, the deputy chief minister and the finance minister of Bihar, on 23 February 2012, presented the budget of state for the year 2012-13 Kotak Securities, the stock broking and distribution body of the Kotak Mahindra Group, on 28 February 2012 unveiled a ready to trade kit A four member expert panel on Kudankulam nuclear plant project headed by S. Iniyan submitted its report on 28 February 2012 Tata Capital on 28 February 2012 joined hand with private sector lender Axis Bank to launch a travel card According to data released by the ministry of commerce and industry, output of eight core segments of manufacturing sector dipped to 0.5% in January 2012 The UN Human Rights Council asked Syria to immediately stop the attacks on civilians by the security forces 1977 batch IAS officer and additional chief secretary (finance) CK Mathew was named be the Chief Secretary of Rajasthan on 28 February 2012 USA refused to change its Afghanistan strategy in view of the recent violence The marines of Italian ship Enrica Lexie Latore Massimiliano and Salvatore Girone on 15 February 2012 allegedly killed two Kerala fishermen

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Current Affairs February 2012 www.BankJobsCoaching.com Page |3 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation Online shopping major Flipkart on 27 February 2012 unveiled its digital music store Flyte Power Grid Corporation of India Ltd, a Navratna company owned by the government, on 28 February 2012 appointed R.P. Singh as the Director NourishCo Beverages, a joint venture between Pepsi co and Tata Global Beverages appointed Pratik Pota as its new CEO on 27 February 2012 Indias largest bank, State Bank of India on 27 February 2012, announced to reduce its interest rate on education loan by 1 percent Delhi government on 28 February 2012 hiked the reservation for OBC [Other Backward Classes] in higher education institutions from 21 percent to 27 percent Norwegian Telecom company Telenor and its Indian joint venture partner Unitech on 27 February 2012 moved a fresh petition before Company Law Board Indias leading telecom company Airtel on 28 February 2012 joined hand with IT major Infosys for its Mobile Wallet service across the country The 84th Academy Awards ceremony/Oscars was hosted by the AMPAS at the Hollywood and Highland Center in Hollywood on 26 February 2012 JKLF chief Yasin Malik was charged by a local court under the Prevention of Terrorism Act (Pota) for allegedly raising funds to strengthen armed activity Indian soccer legend Sailendra Nath Manna, popularly known as Sailen Manna, died in Kolkata on 27 February 2012 Trade unions rejected Prime Minister Manmohan Singh's appeal to call off the all-India strike called on 28 February 2012 United Nations (UN) on 23 February 2012, appointed former UN Secretary-General, Kofi Annan as the joint United Nations-Arab League envoy to Syria A new research into bird flu suggests that the disease may be far less deadly to humans than previously thought US banking major Citi group on 25 February 2012 sold its 9.85 percent stake in HDFC, Indias biggest mortgage lender, for around 1.9 billion dollar South African Women Hockey team on 25 February 2012, defeated Indian Women Hockey Team to qualify for the London Olympics 2012 The mining giant Vedanta on 25 February 2012 merged its Indian subsidiaries, Sterlite Industries into sister concern and iron ore miner Sesa Goa www.BankJobsCoaching.com Page |3 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

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Juan Martin Del Potro of Argentina clinched Marseille Open final by beating Michael Llodra on 26 February 2012 Erosion and diversion of Rushikulya river mouth in Odisha's Ganjam district are posing a serious threat to the annual mass nesting of the endangered Olive Ridley sea turtles Scientists identified at least two genes, NACP and MAPT linked to Parkinson's disease, a finding which may pave the way for better treatments for the second most prevalent neurological condition after dementia The Supreme Court of India directed the union government of India to implement the ambitious interlinking of rivers project in a time-bound manner The Odisha Government imposed restriction on the visit of foreign tourists and researchers to the areas inhabited by primitive vulnerable tribals groups like Bondas, Dongaria Kandha Largest rough pink diamond ever found in Australia was discovered in a West Australian mine owned by Rio Tinto Union Home Minister P. Chidambaram inaugurated the the fourth and final regional hub of the National Security Guard in Marol, Mumbai on 23 February 2012 Delhi HC dismissed a plea from the Centre challenging TDSAT's authority to stop the DoT from enforcing a ban on 3G roaming pacts between telcos The Telecom Dispute Settlement Appellate Tribunal on 23 February 2012 directed the Union Government to issue broadband licence to Qualcomm within a week The Indian Black Eagle was spotted in the Aravali Biodiversity Park after a gap of 90 years. The bird was last seen in 1920-21 Rahul Bhatia, Managing Director of InterGlobe Enterprises group on 23 February 2012 was chosen for Ernst & Young Entrepreneur of the Year Award 2011 Report, titled The World Banks Response to the Global Economic Crisis: Phase II was released on 23 February 2012 Union External Affairs Minister SM Krishna on 23 February 2012 inaugurated 50th Passport Seva Kendra at Herald House near ITO in central Delhi Etisalat on 23 February 2012 commenced legal proceeding against the promoters of Swan Telecom Vice President of India M. Hamid Ansari released a book entitled Sufism and Indian Mysticism edited by Prof. Akhtarul Wasey and Farhat Ehsas www.BankJobsCoaching.com Page |4 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

Current Affairs February 2012 www.BankJobsCoaching.com Page |5 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation South Korean electronics equipment giant Samsung electronics on 24 February 2012 launched Series 5Ultra Notebook in Indian market Union government on 23 February 2012 nominated DK Mittal on the central board of Reserve Bank of India India asked Somalia to bring in a national anti-piracy legislation for investigation and prosecution of suspected pirates The West Bengal government on 23 February 2012 shortlisted two companies for setting up the e-waste dismantling facilities in the State on a public private partnership basis Strengthening their military ties further, India and the USA discussed ways of expanding their growing strategic partnership and cooperation at the 12th Defence Policy Group meeting held in New Delhi More than 25 agriculture and allied activities were included in the new version of Mahatma Gandhi National Rural Employment Guarantee Act RBI panel on priority sector lending proposed increment in the target (priority sector) for foreign banks to 40% of net bank credit from current level of 32% National Australia Bank on 22 February 2012 opened its maiden branch in India Abudhabi based Etisalat on 22 February 2012 announced to close down its India operation Tyre manufacturer Dunlop India Limited suspended its operation at Ambattur factory in Tamilnadu India and Pakistan on 21 February 2012 agreed to extend the agreement to reduce the risk from accidents related to nuclear weapons for another five years Worlds largest two wheeler manufacturer Hero MotoCorp on 22 February 2012 inked a pact with USbased Erik Buell Racing The Maharashtra government on 22 February 2012 issued licences to 60 fire protection companies to conduct safety audits Haryana government on 22 February 2012 announced to increase minimum wages of skilled and unskilled labourers Director General of Foreign Trade on 22 February 2012 issued a formal notification allowing the domestic airlines to directly import Aviation Turbine Fuel External Affairs Minister S. M. Krishna on 23 February 2012 inaugurated the countrys 50th Passport Seva Kendra at Herald House, New Delhi

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Current Affairs February 2012 www.BankJobsCoaching.com Page |6 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation India and Saudi Arabia discussed the World Oil Outlook in New Delhi on 23 February 2012, especially the growing demand for hydrocarbons in Asia and India Researchers at the Harvard Smithsonian centre for Astrophysics discovered that the planet GJ1214b was largely covered in water The second round of talks between the five-member IAEA team led by its Chief weapons inspector, Herman Naeckarts and Iranian government failed Former Australian Cricket Captain Ricky Ponting on 21 February 2012 announced his retirement from the One day cricket Prime Minister's Economic Advisory Panel (PMEAC) on 22 February 2012 projected 7.5 - 8 per cent growth rate for the fiscal 2012-13 Delhi Chief Minister Sheila Dikshit on 20 February 2012 launched a major State-wide de-worming campaign as a part of Chacha Nehru Sehat Yojna (CNSY) The Manas Wildlife Sanctuary also known as Manas National Park on 20 February 2012 got four rhinos from Kaziranga Jharkhand Government and the Airport Authority of India on 21 February 2012 signed a memorandum of understanding Japanese power equipment giant Toshiba JSW Turbine and Generator on 20 February 2012 bagged an order of Rs. 2300 crore from the NTPC Gujarat government on 20 February 2012 sold 2736 hectares land in Dholera special investment region to three different companies Competition Commission of India on 20 February 2012 gave its nod to the proposed merger of Netizen Rajsthan with Reliance Infratel The annual CPI data released for the first time on 21 February 2012 measures retail prices in major food groups- fuel, clothing, housing & education across rural and urban India Facebook the world largest social networking site on 19 February 2012 integrated the music site from Indiatimes Gaana.com as an application into its new Timeline A stampede occured at Junagadh during the Mahashivratri fair on 19 February 2012 RBI changed the bank rate, a medium-term signal rate to 9.5% from 6% to realign it with the marginal standing facility (MSF) rate South African Golfer Jbe Kruger won Avantha Masters in New Delhi on 19 February 2012 www.BankJobsCoaching.com Page |6 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

Current Affairs February 2012 www.BankJobsCoaching.com Page |7 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation The Income Tax department of India in a Right to Information reply on 19 February 2012 disclosed the tax amount pending with the BCCI The Union government on 17 February 2012 filed a review petition before the Supreme Court in the highest courts landmark verdict New York Times forign correspondent and a two-time Pulitzer Prize winner Anthony Shadid died in eastern Syria on 16 February 2012 Shivsena-BJP alliance won the civic polls of Mumbai and Thane on 17 February 2012 Mukesh Ambani led Reliance Industries Limited on 17 February 2012 urged the Department of Telecom to give extension to tenure of its broadband spectrum Former Indian tennis player Manisha Malhotra on 16 February 2012 was conferred upon a top International Olympic Committee Award The International Olympic Committee on 16 February 2012 announced that Dow Chemicals will remain a sponsor of the London Olympics Sahara Group on 17 February 2012 agreed to reverse its decision of quashing all the commercial ties with BCCI Telecom major Reliance Communications on 16 February 2012 got the approval of the RBI for the redemption of its outstanding foreign currency convertible bonds Haryana government suspended distribution of social benefits scheme under EBT till the infrastructure of banks is stabilized in the rural areas Serbian tennis star, Novak Djokovic was awarded with the highest Serbian award, the Gold Star of Karadjordje on 15 February 2012 Indian FMCG major Marico on 15 February 2012 bought the Paras Pharmaceuticals personal care arm EGoM headed by Finance Minister Pranab Mukherjee approved the auction route for selling 5 per cent stake in state-run oil major ONGC Union government also decided to allow sharing of bandwidth and eased rules for mergers and acquisitions (M&As) in the telecom sector The Supreme Court of India on 15 February 2012 directed closure of all unauthorised sandalwood oil factories in the country and asked the Centre to formulate a suitable policy for conservation of sandalwood Iran on 15 February 2012 launched three nuclear projects including a fourth generation Ultra Centrifuge, which is capable of enriching the Uranium faster than its earlier models www.BankJobsCoaching.com Page |7 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

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Assam contributed more than 50 percent of the countrys total tea production in 2011. Assam produced around 509 million kg tea which also led the Indias total tea output to 988.32 million kg in this period In New Delhi, the biggest coordinated mock drills were carried out on 15 February 2012, to check the alertness and preparedness of various public agencies A new study claimed that the theory proposed by Charles Darwin on life was right. Darwin proposed that the life originated on land in a pond and not in the oceans Reserve Bank of India (RBI) issued the Draft Circular for Deployment of White Label Automated Teller Machines (WLAs) from non-bank entities 44th Session of Indian Labour Conference held under the chairmanship of Mallikarjun Kharge, Union Minister of Labour & Employment Headline inflation eased to a 26-month low at 6.55 per cent in January 2012 on the back of further fall in vegetable prices An international team of scientists on 13 February 2012 found that how the bees shook their abdomens when bee-eating hornets approached One of the worlds tiniest lizards called Brookesia micra was found by German researchers in Madagascar British songstress, Adele swept the 54th Annual Grammy Awards winning a staggering six golden gramophones for her Album, 21 Meryl Streep was awarded the Best Actress for her role in the Iron Lady at the sixty-fifth annual British Academy Film awards, the BAFTAs India and Saudi Arabia on 13 February 2012 agreed to set up a Joint Working Group on Defence Cooperation during the visit of Defence Minister A.K Antony Gaiti, the Supply-chain solutions provider company entered into a Joint venture with Japanese company Kintetsu World Express on 13 February 2012 In Gujarat, Indias first highly sophisticated vessel traffic service was dedicated to the nation in Kandla BCCI decided to sack Indian Teams bowling coach Eric Simons on 13 February 2012 Vodafone India, countrys third largest telecom company, on 10 February 2012 appointed Analjeet Singh as its non executive Chairman Syria on 12 February 2012 rejected the Arab League proposal for deployment of a Joint UN-Arab Peacekeeping mission by the UN Security Council to monitor the situation in the country www.BankJobsCoaching.com Page |8 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

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Gujarat topped the list of most preferred business destination in India in year 2011 Cognizant Technology Solutions inked a five-year deal with Future Group on 13 February 2011 Noted Hindi writer Professor Ramdarash Mishra was selected for the 21st Vyas Samman for his poetry collection Aam Ke Patte Delhi government announced medical benefits, financial support and higher compensation packages for various other categories of workers Renowned Urdu poet and noted lyricist of Umrao Jaan, Akhlaq Mohammad Khan passed away in Aligarh on 13 February 2012 Assam Government prepared a draft proposal to revise minimum wages for workers and employees engaged under Mahatma Gandhi National Rural Employment Guarantee Act Share Market Regulator, SEBI [Security and Exchange Board of India] on 10 February 2012 gave its approval to the listing of 64.27 lakh shares of MCX Numeric Power Systems Limited, the Indian power electronics major sold its UPS [Uninterrupted Power Supply] business to Legrand According to a poll conducted by global research company Ipsos, the happiest people of the world reside in Indonesia, India and Mexico Whitney Houston, one of the world's best-selling music artists, having sold over 170 million albums, singles & videos worldwide died on 11 February 2012 India's Nobel Prize-winning economist Amartya Sen named for the 2011 US National Humanities Medal by the White House Number of foreigners availing Visa on Arrival (VoA) scheme registered 72 per cent increase in January 2012 as against January 2011 Veteran Hindi film music composer Rajesh Roshan was honoured with the Lata Manageshkar award by the Madhya Pradesh government Pakistani archaeologists discovered a rare Indus Valley civilization-era seal in steatite dating back to 2,500-2,000 BC from Punjab province India's indigenously developed micro-light pilot-less target aircraft Lakshya-1 was successfully test flown from Chandipur India signed six agreements with Thailand during the visit of latters Prime Minister Yingluck Shinawatra on 24-26 January 2012 www.BankJobsCoaching.com Page |9 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

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National Data Sharing and Accessibility Policy (NDSAP) was approved by Union Cabinet of India on 9 February 2012 to facilitate access to central government owned shareable data and information Prime Minister of Thailand, Yingluck Shinawatra visited India on 24-26 January 2012. She was the chief guest for the 63rd Republic Day Ceremony Al-Qaeda's Chief in Pakistan Badar mansoor is among four terrorists killed in a US drone attack in Pakistan's restive North Waziristan tribal region The 12th India-EU Summit was held in New Delhi on 10 February 2012 DRDO conducted test launch of the interceptor missile successfully. DRDOs Air Defence Missile AAD-05 has successfully hit the ballistic missile and destroyed it at a height of 15 kms off the Coast of Orissa near the Wheelers Island The Union Cabinet of India approved Defence Ministry guidelines for its public sector units (PSUs) to establish joint ventures with private firms to increase opportunities to obtain advanced technologies from foreign sources The Arab League asked the UN to send a Joint UN-Arab league monitoring team to Syria. The League sought the nomination of a special envoy to head the Joint monitoring mission Union cabinet of India on 9 February 2012 approved the National Data Sharing and Accessibility Policy (NDSAP-2012) to facilitate access to central government owned shareable data and information President Pratibha Devi Singh Patil on 9 February 2012 released a special commemorative stamp to mark the Golden Jubilee of the India International Centre (IIC) in New Delhi President of Maldives, Mohamed Nasheed resigned on 7 February 2012 after weeks of protest. The protest was against his decision to sack a judge The government of India on 9 February 2012 approved setting up of a national centre for cold chain development and allocated a one-time grant of 25 crore rupees for its corpus fund Gujarat High Court pulled up the Narendra Modi government for inaction and negligence on its part during the 2002 post-Godhra riots Thomas cook, the travel company in its announcement made on 8 February 2012 said it will sell its stake in its Indian subsidiary Thomas Cook India Bahrain Telecommunications Co (Batelco) on 8 February 2012 announced to sell its 43 percent stake in Indian joint venture S Tel for $175 million Indonesia became the 157th country to adopt the Comprehensive Test Ban Treaty. Indonesia formalised ratification of the nuclear test ban treaty at the United Nations www.BankJobsCoaching.com P a g e | 10 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

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Railway Ministry on 7 February 2012 extended the time period for the advance booking of Railway tickets from 90 days to 120 days Union government decided to operationalise the ambitious National Counter Terrorism Centre (NCTC) from 1 March 2012 Delhi became the first State to issue e-stamp papers in all denominations after the Cabinet decided to bring non-judicial stamp papers of Rs.500 denomination & below Renowned historian and author of several books on the history and culture of Mumbai Sharada Dwivedi passed away on 5 February 2012 6.8-magnitude earthquake struck the heavily populated islands of Negros & Cebu in Central Phillipines on 6 February 2012 Russia and China vetoed the UN Security Council resolution for the second time in four months. The resolution condemns the Syrian regimes crackdown on public uprising and calls upon President Bashar Al Assad to abide by the Arab League time-frame Dhaka-based author Anisul Hoque's latest book, Freedom's Mother in New Delhi on 4 February 2012 Egypt defeated India 2-1 in the final of the SDAT-WSF Under-21 Squash World Cup on 5 February 2012 Committee et up by SC to investigate illegal mining in Karnataka submitted its final report recommending cancellation of leases of 49 mines Sanskrit grammar manuscript, Grammatica Grandonica of grammarian & lexicographer Arnos Padre found in an Italian monastery Baltic Dry Index, a measure of shipping costs for dry bulk goods plunged to its lowest level after it touched 647 points on 3 February 2012 Several banks & some public sector institutions allowed to run higher net overnight open positions in foreign exchange after RBI lifted curb Astronomers found the fourth habitable planet outside our solar system called GJ667Cc. The planet is 22 light years from Earth India and the United States of America signed a Memorandum of Understanding (MoU) in Washington to co-operate on Labour and employment issues Veteran environmental filmmaker Mike Pandey was honoured with the prestigious V. Shantaram Life Time Achievement Award

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Current Affairs February 2012 www.BankJobsCoaching.com P a g e | 12 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation Iran on 3 February 2012 successfully launched an observation satellite called navid satellite into orbit above Earth Bollywood producer-director Raj Kanwar passed away in Singapore on 3 February 2012 India signed TIEA with Guernsey in the third week of December 2011. This is the 13th bilateral TIEA for Guernsey India, Japan and China signed a pact called SHADE to secure the Indian Ocean region International Cricket Council's independent review, conducted by Lord Woolf called for sweeping changes in the administration of cricket The Supreme Court cancelled all the 122 2G licenses mentioning that allocation of 2G spectrum under A. Raja was arbitrary, capricious & contrary to public interest Supreme Court directed the CBI to file status report on its probe into the 2G spectrum allocation case to the Central Vigilance Commission (CVC) Science & Technology Current Affairs 2012. Scientists recently transformed skin cells directly into brain cells. This scientific finding could bypass the need for stem cells The fifth edition of the World Future Energy Summit was held in Abu Dhabi, capital of UAE Scientists developed a vaccine to treat breast cancer, using a patients own cells. To achieve this, Scientists enrolled 27 patients and separated specialised white cells using standard techniques Enforcement Directorate filed a complaint against former CWG OC chairman Suresh Kalmadi for alleged financial irregularities in the conduct of the Queens Baton Relay As per the latest Sample Registration System (SRS) bulletin, it is noted that Infant Mortality Rate (IMR) dropped further by 3 points from 50 to 47 infants deaths per 1000 live births during 2010 Union minister for labor and employment Mallikarjun Kharge was presented with Pride of India award by the Indian-American community in Washington The inaugural defence dialogue between the Defence Secretaries of India and Sri Lanka was held in New Delhi on 31 January 2012 Economic Survey 2011-12 will be presented soon in the Parliament. Rail Budget 2012-13 is likely to be presented between March 9th and March 15th in the Parliament by Union Railway Minister Dinesh Trivedi Ajay Mittal won the gold medal at the 55th National Shooting Championships for shotgun by defeating stalwarts like Sodhi & Rajyavardhan Singh Rathore www.BankJobsCoaching.com P a g e | 12 Current Affairs February 2012 Free Online Bank Jobs/Exams Coaching | Free Test Papers | Bank Exams Preparation

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Indias manufacturing sector expanded at its fastest pace in eight months in January on the back of a sharp increase in new orders Committee of secretaries recommended that state-run Coal India should face penalties if it fails to provide 80% of coal allocated to a power plant Agreement was signed between trade unions & CIL management for increase in the wages under which minimum guaranteed benefit would be 25% of gross The Union Government of India on 1 February 2012 gave the approval for setting up a National Council for Senior Citizens. It will be headed by the Minister of Social Justice and Empowerment India, Japan and China entered into a pact to share data to achieve the most efficient use of Naval Forces present in the Indian Ocean Region As per the latest SRS bulletin released by the Registrar General of India Indias IMR dropped by 3 points from 50 to 47 infants deaths per 1000 live births during 2010

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