You are on page 1of 31

Current Affairs

May 2013

Current Affairs from May 1, 2013 to May 31, 2013

A publication of Nirdeshak.com

1 May 2013 Daily Current Affairs


1 May 2013,1 May 2013 - Daily Current Affairs,1 May 2013 Current Affairs,Current Affairs of 1 May 2013,Daily Current Affairs,Dr. Shirin Sharmin Chaudhury,

2 May 2013 Daily Current Affairs


15% slash in fertilizer subsidy,2 May 2013 - Daily Current Affairs,2 May 2013 Current Affairs,Bangaru Talli - Andhra Pradesh,Bangaru Talli Scheme for women,CMJ University - Meghalaya,

3 May 2013 Daily Current Affairs


3 May 2013,3 May 2013 Current Affairs,Current Affairs of 3 May 2013,Daily Current Affairs - 3 May 2013,Dr. Anbumani Ramadoss,Latest Repo Rate - 3 May 2013,

4 May 2013 Daily Current Affairs


4 May 2013 - Daily Current Affairs,4 May 2013 Current Affairs,ATP,Aviation Arm of Indian Navy,Aviation Arm of Indian Navy completes 60 years,Bhikhiwind,

5 May 2013 Daily Current Affairs


5 May 2013 - Daily Current Affairs,5 May 2013 Current Affairs,Chaudhry Zulfiqar Ali,Current Affairs of 5 May 2013,Karnataka Assembly Polls 2013,PV Sindhu,

6 May 2013 Daily Current Affairs


6 May 2013 - Daily Current Affairs,6 May 2013 Current Affairs,Barisan Nasional (BN),Bertrand Piccard,Charanka Solar Park Gujarat,Charanka Solar Park Patan district Gujarat,

7 May 2013 Daily Current Affairs


7 May 2013 - Daily Current Affairs,7 May 2013 Current Affairs,coal block allocation case,Creative Index Report 2013,Current Affairs of 7 May 2013,Daily Current Affairs - 7 May 2013,

8 May 2013 Daily Current Affairs


119 constitutional amendment,119th constitutional amendment,8 May 2013,8 May 2013 - Daily Current Affairs,8 May 2013 Current Affairs,Axis Bank to be trustee for NPS,

9 May 2013 Daily Current Affairs


9 May 2013,9 May 2013 - Daily Current Affairs,9 May 2013 Current Affairs,Congress comes to power in Karnataka,Current Affairs of 9 May 2013,Environmental Benefits and Vulnerability Reduction through MGNREGS,

10 May 2013 Daily Current Affairs


10 May 2013,10 May 2013 Current affairs,Ali Haider Gilani kidnapped,Bichitra - Website for Rabindranath Tagore's works,Current Affairs of 10 May 2013,Daily Current Affairs,

11 May 2013 Daily Current Affairs


11 May 2013,11 May 2013 - Daily Current Affairs,11 May 2013 Current Affairs,2013 as Year of Water Conservation,Ashwini Kumar,Ashwini Kumar resigns as Law Minister,

12 May 2013 Daily Current Affairs


12 May 2013,12 May 2013 Current Affairs,2 Major Ports of India,4-year undergraduate course - Delhi University,CURRENT AFFAIRS,Current Affairs India,

13-14 May 2013 Daily Current Affairs


13 May 2013 Current Affairs,14 May 2013 Current Affairs,50th career title for Serena Williams,Cabinet Secretary - Ajit Seth,Current Affairs of 13 May 2013,Current Affairs of 14 May 2013,

15 May 2013 Daily Current Affairs


15 May 2013 - Daily Current Affairs,15 May 2013 Current Affairs,Air India resumes Boeing Dreamliner 787,British Super Priority Visa service,Current Affairs of 15 May 2013,First completely indigenous Rotavirus,

16 May 2013 Daily Current Affairs


16 May 2013,16 May 2013 - Daily Current Affairs,16 May 2013 Current Affairs,Current Affairs of 16 May 2013,Emergency in 3 states of Nigeria,First CEO of AirAsia India,

17 May 2013 Daily Current Affairs


17 May 2013 Current Affairs,17 May 2013- Daily Current Affairs,Ajit Chandalia,Ankit Chavan,Arthur Road Jail,Current Affairs of 17 May 2013,

18-19 May 2013 Daily Current Affairs


18-19 May 2013 Current Affairs,Amit Shah,Current Affairs of 17 May 2013,Current Affairs of 18 May 2013,Current Affairs of 18-19 May 2013,Current Affairs of 19 May 2013,

20 May 2013 Daily Current Affairs


20 May 2013 - Daily Current Affairs,20 May 2013 Current Affairs,6th cricket to play 300 First Class matches,6th cricket to play 300 First Class matches - Shivnarine Chanderpaul,Current Affairs of 20 May 2013,First defence university of India,

21 May 2013 Daily Current Affairs


21 May 2013 - Daily Current Affairs,21 May 2013 Current Affairs,Arunima Sinha,Arunima Sinha conquers Mt. Everest,Arunima Sinha Mt. Everest,Current Affairs of 21 May 2013,

22 May 2013 Daily Current Affairs


22 May 2013 - Daily Current Affairs,22 May 2013 Current Affairs,Current Affairs of 22 May 2013,

23 May 2013 Daily Current Affairs


23 May 2013 - Daily Current Affairs,23 May 2013 Current Affairs,4 Years of UPA-II,Approval for quadricycles in India,Bajaj RE60,Cash subsidy for diesel and cooking oil for 2012-13,

24 May 2013 Daily Current Affairs


2013 Ellen L. Lutz Indigenous Rights Award,24 May 2013,24 May 2013 - Daily Current Affairs,24 May 2013 Current Affairs,25 years of SEBI,80 year old Yuichiro Miura conquers Mt. Everest,

25 May 2013 Daily Current Affairs


25 May 2013,25 May 2013 - Daily Current Affairs,25 May 2013 Current Affairs,50 Years of Himachal Assembly,Current Affairs of 25 May 2013,First Yoga University in India,

26 May 2013 Daily Current Affairs


26 May 2013 - Daily Current Affairs,26 May 2013 Current Affairs,50 years of African Uinion,Chhattisgarh Maoist Attack on Congress,Current Affairs of 26 May 2013,European Champions League 2013,

27 May 2013 Daily Current Affairs


27 May 2013 - Daily Current Affairs,27 May 2013 Current Affairs,Current Affairs of 27 May 2013,IPL 6 Finals,IPL 6 Orange Cap winner,IPL 6 Purple Cap winner,

28 May 2013 Daily Current Affairs


28 May 2013 - Daily Current Affairs,28 May 2013 Current Affairs,66th Cannes Film Festival Winner,Best Film at 66th Cannes Film Festival,Current Affairs of 28 May 2013,Failed Cooperative Banks in 2012-13,

29 May 2013 Daily Current Affairs


29 May 2013,29 May 2013 - Daily Current Affairs,29 May 2013 Current Affairs,60th anniversary of Mt. Everest Conquer,Byalalu - ISRO Navigation Centre,Chairperson of NCPCR,

30 May 2013 Daily Current Affairs


30 May 2013 Current Affairs,Aruna Roy,Aruna Roy quits NAC,Asos,Coal RegulatoryAuthority Bill,Current Affairs of 30 May 2013,

31 May 2013 Daily Current Affairs


20th Asian Athletics Championships,20th Asian Athletics Championships to be held in Pune,31 May 2013 - DAILY CURRENT AFFAIRS,31 May 2013 Current Affairs,Abhijit Sen Committee on BPL,Current Affairs of 31 May 2013,

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

1 May 2013

1) What is the name of Additional Solicitor-General, who resigned from his post on 30 April 2013? Harin P Raval (He submitted his resignation to the Union Law Minister Ashwani
Kumar a day after he wrote to the Attorney-General G.E. Vahanvati that he had been made a scapegoat in the coalgate controversy. In the CBI status report filed in the Supreme Court in March, he submitted that the draft status report was not shared with the government. But later, the CBI Director filed an affidavit stating that the report was shared with the Law Minister, a Joint Secretary in the Coal Ministry and an official in the Prime Ministers Office and this sparked a furore)

2) Price of petrol was reduced by Rs. 3 per liter by state-owned petroleum companies on 30
April 2013 as result of decline in international price of crude oil and improvement in Rupee-US dollar exchange rate. This is the steepest reduction in rates in over five years. When the last big reduction in petrol prices was done? In December 2008, when rates were slashed by Rs. 5

3) Consumer goods giant Unilever Plc. is to raise its stake in its Indian subsidiary Hindustan Unilever to 75% by spending US$ 5.4 billion. What is the present holding of Unilever Plc. in Hindustan Unilever? 52.48% (Unilever Plc. is an Anglo-Dutch consumer goods giant,
which is worlds second largest consumer goods company. Indian law requires a minimum public shareholding of 25% for a publicly listed company)

4) A six-member inter-ministerial committee was constituted by the Union Govt. recently to suggest measures for enhancing exports from countrys micro, small and medium enterprises (MSME). Who is the head of this committee? R S Gujral, Finance Secretary (MSME
contributed about 8% in countrys GDP and 40% in countrys total exports. However, of-late this sectors contribution has been decreasing and new reports suggest that MSMEs contribution in exports have dwindled to around 36%. Indias total exports are also experiencing continuous decline)

5) The Netherlands got its first King in over 120 years as the Dutch Queen Beatrix on 30 April 2013 signed the Act of Abdication in favour of his son, who therefore became new King of the Netherlands. What is the name of new Dutch King? King Willem-Alexander (Queen
Beatrix abdicated her 33 year old rein by signing abdication document at the Royal Palace in Amsterdam. Willem III, who died in 1890, was the last King of the Netherlands)

6) Who was elected as the new Speaker of Bangladeshs Parliament (Jatiya Sangsad) on 30 April 2013, thereby becoming the first woman Speaker of Bangladesh? Dr. Shirin Sharmin Chaudhury (She was the lone candidate for the post and was nominated by the
ruling Awami Leagues parliamentary party. Chaudhury also became the youngest Speaker and she replaces Abdul Hamid, who assumed presidency recently)

7) What was Indias rank in the recently released Economist magazines Index of Democracy 2012? 38, out of a total of 165 countries
(Indias overall score was 7.52. The top three positions go to Norway (9.93) Sweden (9.73) and Iceland 9.65, while the United States is ranked 21st with an overall score of 8.11

8) Astronomers of NASA discovered two new exoplanets recently with the help of Kepler space telescope. What are the names given to these newly discovered exopanets? KOI-200b and KOI-889b (Exoplanets are planets outside our solar system. More than 850
exoplanets have been discovered till now. These two newly discovered exoplanets have about the size of Jupiter but eccentric orbits with periods of less than 10 days)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

2 May 2013

1) Indian death row prisoner Sarabjit Singh died in the wee hours of 2 May 2013 in a Lahore
hospital after being in coma for nearly a week following a brutal assault by other inmates of the high security Kot Lakhpat Rai Jail, Lahore. Sarabjit was convicted in which case, though he continuously claimed his innocence? Involvement in a string of bomb attacks in Punjab province that killed 14 people in 1990 (The previous Pakistan Peoples Party-led government put off Sarabjits execution for an indefinite period in 2008. His family claimed that he was the victim of mistaken identity and had inadvertently strayed across the border in an inebriated state)

2) The high-powered Cabinet Committee on Security (CCS), headed by Prime Minister


Manmohan Singh on 1 May 2013 approved a modernization project for central paramilitary forces. How much fund has been allocated for this much-awaited project, which will be implemented in five years beginning this fiscal? Rs. 11,000 crore (The central paramilitary forces which are included in this project include Central Reserve Police Force (CRPF), Border Security Force (BSF), Indo-Tibetan Border Police (ITBP), Central Industrial Security Force (CISF), Sashastra Seema Bal (SSB), National Security Guard (NSG) and Assam Rifles)

3) Union Cabinet on 1 May 2013 gave its go-ahead for slashing the subsidy on phosphatic and potassic (P&K) fertilisers by 15% for this fiscal. This move is expected to save the government around Rs. 5,000 crore. What was the main reason for this decision? Falling global prices of fertilisers 4) Which stock exchange recently launched an Islamic equity index especially for Islamic investors? Bombay Stock Exchange (BSE)
This equity index includes 500 stocks of those companies that fulfill Islamic finance principles like staying away from business of alcohol, tobacco and gambling-related products. BSE had also launched Indias first Islamic index in 2010

5) Which brokerage firms application for annulment of an erroneous trade executed by one of its brokers was rejected by an NSE panel, by which NSEs benchmark index Nifty lost almost 900 points on 5 October 2013? Emkay Global (Emkay Global had to bear the
losses, amounting to about Rs. 51 crore, caused by this trade, but the brokerage firm later requested for annulment of the trade terming it as a one-off error)

6) Which state govt. recently launched the Bangaru Talli scheme under which the government would bear Rs. 55, 000 on each girl child to pursue studies till graduation and allocate Rs.1 lakh after completion of the course? Andhra Pradesh (This schemes concept is based
on a scheme envisaged by former Chief Minister Y .S. Rajasekhara Reddy, who had announced in 2005 that every woman would be made a lakhpati)

7) A private university of Meghalaya faces probes after it awarded Ph.D. degrees to as many as 434 candidates in the academic year of 2012-13, even as only 10 of its faculty members have doctorates. Which university is this? CMJ University (Meghalaya Governor R S
Mooshahary, in his capacity as the varsitys Visitor, has asked it to withdraw all degrees awarded so far. Terming the admission of over 3,300 students as illegal, the governor has directed the university not to take fresh admissions until a new Chancellor is appointed as per UGC regulations)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

3 May 2013

1) Indian cinema completed its 100 years on 3 May 2013. Raja Harishchandra, the first film
made by an Indian (Dada Saheb Phalke) premiered was released exactly 100 years ago on 3 May 1913. In which theatre of Mumbai was this landmark film released? Coronation

Theatre 2) RBI came up with its annual monetary policy statement on 3 May 2013. What was the
economic growth rate proposed for the Indian economy for the current fiscal of 2013-14 in this statement? 5.7% (In comparison the growth rate during 2012-13 was at decades lowest level of 5%)

3) In its annual monetary policy statement of 3 May 2013, RBI Governor D. Subbarao highlighted which measure as the biggest threat to monetary policy? Widening Current Account Deficit or CAD (CAD is the difference between inflow and outflow of foreign
currency)

4) What is the new repo rate after RBI announced a cut of 25 basis points in its annual monetary policy statement of 3 May 2013? 7.25% (No changes were announced in cash reserve ratio (CRR), which stays at 4% . Repo rate is now at its lowest level since May
2011)

5) Former Union Minister Dr. Anbumani Ramadoss was arrested on 2 May 2013 by Kancheepuram police in connection with a case filed against him in 2012. Ramdoss belongs to which party? PMK (He was arrested in connection with a speech that he made at the
Chithirai Muzhunilavu Peruvizha meeting organised by the Vanniyar Sangam in 2012 at Mamallapuram)

6) World premier of Amitabh Bachchans first major Hollywood film was held on 2 May 2013. What is the name of this film which features Hollywood aces Leonardo DiCaprio and Tobey Maguire in the main lead? The Great Gatsby (The film is based on F. Scott Fitzgeralds
1925 novel by the same name)

7) Who was recently selected to head Kolkotas Victoria Memorial Hall, which is one of Indias finest museums? Prof. Jayanta Sengupta (The post of Secretary-cum-curator of Victoria Memorial Hall had been lying vacant since Prof. Chittaranjan Panda completed
his term in January 2012. Prof. Sengupta is a historian from the University of Notre Dame, Paris and has also served as a Fulbright lecturer at Utah State University)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

4 May 2013

1) Sarabjit Singhs village came into limelight after his last rites were performed in his village
with full state honours on 3 May 2013. What is the name of this village, which witnessed huge outpourings from all across the state and country on the day of Sarabjits funeral? Bhikhiwind (In Punjabs Tarn Taran district)

2) A day after Indian prisoner Sarabjit Singh died of his injuries after being assaulted in a
Lahore jail, a Pakistani prisoner in Jammus Kot Bhalwal jail was seriously injured after he was attacked by another inmate on 3 May 2013. What is the name of this Pakistani prisoner? Sanaullah Ranjay

3) Who topped the UPSC Civil Services exam for 2012, results of which were announced on 3 May 2013? Haritha V. Kumar of Kerala (Haritha is at present at the National Institute of Customs, Excise and Narcotics in Faridabad where she is undergoing training as an IRS officer. This is for the third time in a row that a girl has topped this prestigious exam, which is perceived as Indias toughest exam. Candidates from Kerala bagged three spots amongst the top five ranks and this is after 20 years that a candidate from Kerala has topped the exam) 4) Executive Chairman of ATP (Association of Tennis Professionals), the top-most association of professional tennis players worldwide, passed away on 3 May 2013. What was his name? Brad Drewett (A former Australian tennis player, Drewett was a top-40 singles and
top-20 doubles player before he retired in 1990. He led the ATP since January 2012 and helped increase prize money at Grand Slam tournaments during his tenure)

5) What is the name of a customized stamp service launched by India Post, which provides facility of printing customized stamps featuring self or any theme to customers? My Stamp (Under this scheme any Indian national can get a stamp featuring him/her at a nominal cost
of Rs. 300 for 12 stamps of Rs. 5 denomination. The person may submit his/her photograph or get photographed at the post office for no extra cost and the stamp is printed after police verification that may take one week. This is the latest in a series of measures India Post has taken to survive in a world of instant messaging, where a letter by post is a thing of the past. The scheme was launched in 2011 in many states but not many people know about it. The scheme was launched in Chennai recently with emphasis on making it popular)

6) Which branch of Indian Navy completes 60 years of operations during May 2013? Aviation Arm (The Aviation arm of Indian Navy
was founded in May 1963 with a few aircrafts. Six decades later this arm flies 220 aircrafts and will induct new squadrons in coming years)

7) Reliance Industries Chairman Mukesh Ambani is among the favourites to buy a US-based sports, fashion and entertainment
management agency, which has been put on sale by privat equity firm Forstmann Little & Co. What is the name of this agency, which represents leading sporting stars such as Rafael Nadal, Novak Djokovic, Maria Sharapova, Venus Williams, Lindsey Vonn and Jackie Stewart? IMG Worldwide

8) What is the name of the member of Railway Board, who allegedly gave Rs. 90 lakh bribe to Rail Minister Pavan Bansals nephew V.Singla for fixing a top level position in the board? Mahesh Kumar (He was recently promoted as Member (Staff) and was trying to get
a lucrative position as Member (Electrical) in the Railway Board. CBI arrested V. Singla on 2 May 2013 in Chandigarh for allegedly accepting Rs.90 lakh in cash from Manjunath, the conduit of Mahesh Kumar. Rail Minister Pavan Bansal however distanced himself from this incident saying he had no business links with Singla and denied any wrongdoing despite tremendous pressure from the opposition)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

5 May 2013

1) Which South-East Asian country imposed a 33.11% anti-dumping duty on steel imports from India recently, thus giving a further blow to Indian steel industry? Thailand (Thailands
department of Foreign Trade announced anti-dumping duty from 27 February 2013 and would continue to be in effect till the first week of August 2013. Earlier Indonesia decided to continue to anti-dumping duty against Indian firms Essar Steel and JSW Steel)

2) How much loan would be provided to India by the Asian Development Bank (ADB) in next
three years, as stated by ADB President Takehiko Nakao on 5 May 2013 at the concluding day of the 46th annual meeting of the funding agency held at Greater Noida, India? US $6 billion (India is the biggest borrower of ADB and it had extended $2.4 billion loan to India in 2012 across sectors like transport, energy, commerce, industry, trade and finance)

3) Assembly elections were held for how many assembly seats in Karnataka on 5 May 2013? 223 (Election in Periyapatna in Mysore district had been put off to 28 May 2013 following the death of the BJP candidate) 4) An upcoming Indian women badminton player won her first Grand Prix Gold badminton tournament on 4 May 2013, when she won the Yonex Sunrise Malaysia Open. What is her name? PV Sindhu (Sindhu defeated Gu Juan of Singapore by 21-17, 17-21, 21-19 in the
finals)

5) What is the name of a senior govt. prosecutor of Pakistan, who was shot dead on 3 May 2013 in Lahore and who handled the 26/11 Mumbai attack case of 2008? Chaudhry Zulfiqar Ali (Ali also handled the Benazir Bhutto assassination case. He was killed in a firing
spree by unidentified gunmen while he was driving)

6) Fourth Brigadier-level flag meeting between India and China on 4 May 2013 failed to come to any outcome on the burning issue of occupation of Indian territory by the Chinese Army personnel. Where was this meeting held? At Chushul, Ladakh (Refusing to budge
from the territory occupied by them, Chinese troops asked the Indian forces to pull back first from the Daulat Beg Oldie (DBO) sector of Ladakh)

7) About 3,000 travel agents owing allegiance to Travel Agents Association of India (TAAI) will voluntarily keep their shutters down on 7 May 2013. What is the reason behind this decision? To protest against lack of transparency in airfares and unbundling of different services such as preferential seating, meals, snacks, drinks (except drinking water) and baggage by the Aviation Ministry recently

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

6 May 2013

1) The border stand-off between India and China in the cold plains of Depsang in Eastern
Ladakh ended on 5 May with an agreement to withdraw troops to their original positions and remove temporary camps that had sparked the face-off since 15 April 2013. This breakthrough was achieved in two back-to-back flag meetings after the third meeting failed. What was the main agreement finalized in this breakthrough meeting? Both India and

China would simultaneously withdraw their forces from Daulat Beg Oldie (DBO) sector, where the forces face each other head to head (But China had not given up its
demands that concrete structures and fortifications that have been built by India on its side of the border need to be destroyed)

2) What is the name of the ruling coalition of Malaysia which won a simple majority in General Elections held on 5 May 2013? Barisan Nasional (BN) or National Front (This
front won 112 seats of a total of 222 seats and thus gained a simple majority in the Parliament. Ruling front has been in power for the last 57 years. The opposition led by Anwar Ibrahim was expecting a reversal in fortunes as about 80% electorate took part in this election)

3) What is the name of a solar-powered aircraft which successfully completed its first leg of coast-to-coast journey from California to New York on 4 May 2013? Solar Impulse (This solar-powered plane took-off from Moffet Field in San Francisco on 3 May 2013 and landed
20 hours later at Phoenix Sky Harbor on 4 May 2013. Solar Impulse used only three-quarters of the planes battery power. The plane was piloted by Bertrand Piccard. If this 5-leg journey succeeds, it will be the first cross-country flying trip with travel occurring during both daytime and nighttime)

4) How many mobile consumers are there in India as announced in a recently released survey results conducted by TRAI (Telecom Regulatory Authority of India), which includes mobile consumer figures till February 2013? 86.16 crore consumers 5) Which state emerged as the state with largest mobile phone consumers in the recently conducted survey by TRAI? Uttar Pradesh
(Uttar Pradesh has 12.16 crore mobile consumers (which includes UP (East) and UP (West) circles). It is followed by Maharashtra (9.75 crore consumers including Mumbai circle) and Tamil Nadu (7.18 crore consumers)

6) The Rs. 9,000-crore Gujarat Solar Park (GSP), set up on government wasteland in north Gujarat, has already been producing 214 MW from the sun, making it the first Indian state to generate such capacity at a single location. Where is this GSP located? Charanka in Patan district (When expanded to 5,000 acres from the present 2,669 acres this GSP will generate 500 MW. This will make it Asias
largest solar farm. In all, Gujarats total installed capacity is 605 MW, and projects are operational in 10 districts of the state)

7) An animal species was sighted recently in the famous Kaziranga National Park of Assam recently, after it was believed to have become extinct from the park for more than two decades. Which species is it, which was sighted and caught successfully on a camera? Indian Bison (The last time Kaziranga had a record of Indian bisons was in the rhino census of 1978 when 25 bisons were counted. The bison
was caught in a camera on 19 April 2013 and was later sighted again)

8) Who is the author of the recently released book The State of the Nation? Fali S. Nariman, famous jurist 9) Indian security market regulator SEBI has been mulling over steps it can take to check risks being posed by new-age mobile applications like Blackberry Messenger (BBM) and WhatsApp. What is the main risk posed by these applications? Spreading sensitive stock information by market manipulators through these applications 10) The expert committee set up to work out a fair method for normalizing Class XII board results across 29 different school boards in
order to ensure a level playing field for the reworked Joint Entrance Exam (JEE/0, 2013 finally zeroed in on a normalization scheme after months of debate and discussion. What is the main feature of this normalization scheme? - The percentile of a student will be

computed on the basis of aggregate marks in his/her board from 5 subjects and then JEE (Main) aggregate marks corresponding to the percentile at all India level will be determined

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

7 May 2013

1) The Union Cabinet recently decided that women self help groups (SHGs) will get bank loans at 7% interest rate per annum under its flagship programme, National Rural Livelihood Mission (NRLM). What is the existing interest rate under NRLM? 11.5% to 14% per annum (Total burden due to this reduction in interest rate for 2013-14 has been
estimated at Rs. 1,650 crore, of which the Centre will bear Rs. 1,400 crore and the remaining will be met by state governments. This reduction will bring the rate of interest for women SHGs at par with the rate at which banks lend to farmers)

2) CBI Director Ranjit Sinha on 6 May 2013 admitted to the Supreme Court that two changes were made in the final status report on the coal block allocation case at the
instance of Union Law Minister Ashwini Kumar. He also admitted that certain changes were made on the suggestions of Attorney General GE Vahanvati, then Additional Solicitor General HP Raval and officials of the Prime Ministers Office (PMO) and Coal Ministry. When was this status report submitted to the apex court? 8 March 2013

3) The Supreme Court on 6 May 2013 gave its clearance to the national policy for establishment of the controversial Kudankulam nuclear power plant in Tamil Nadu and held that all safety measures have been compiled with. A batch of petitions had been filed by
anti-nuclear activists, challenging the project on the ground that safety measures recommended by an expert body had not been put in place. Which establishment is to operate this plant? Nuclear Power Corporation of India Limited NPCIL

4) Union Govt.s ambitious National Food Security Bill was moved in for consideration in the Lok Sabha on 6 May 2013 amidst uproar
by opposition benches. The bill however failed to move ahead due to continued din in the house. When this bill was first introduced in the Lok Sabha? On 22 December 2011

5) A controversial re-vote was held for the post of players representative on the International Cricket Councils (ICC) cricket committee on 6 May 2013, in which a former Indian cricketer defeated Tim May by 6-4 votes. Who is this former Indian player? Laxman Sivaramakrishnan (Earlier Tim May had won by a huge margin of 9-1 but a re-vote was held after some boards said that he is
unacceptable to them. May is the chief executive of Federation of International Cricketers Association (FICA), which is not recognized by the BCCI. The BCCI is now been accused of arm-twisting other boards to vote in favour of Sivaramakrishnan, its nominee)

6) The Jammu and Kashmir (J&K) Govt. started functioning from Srinagar from 6 May 2013 as part of Darbar Move. What is Darbar Move? Darbar Move is a century old practice under which the J&K Govt. functions six months from each of its two capitals, Jammu and Srinagar. This tradition was started during in 1872 during the Dogra regime of Maharaja Ranbir Singh. The govt. functions from summer capital Srinagar from May to late October and from the winter capital of Jammu from November to late April 7) What was Indias neonatal mortality rate (NMR) for year 2011 as announced in the latest Sample Registration System (SRS) data released recently? 31 per 1,000 live births (NMR for 2010 stood at 33 per 1,000 live births. This figure remained at 37 for the period
2004-07. NMR is number of deaths of newborns aged 28 days or less and is crucial as it comprises 70% of the infant mortality rate (IMR) in the country. Kerala has the lowest NMR of 7 while Madhya Pradesh has the highest NMR of 41 followed by Uttar Pradesh, Orissa and Rajasthan)

8) According to the recently released Creative Index Report 2013, which state is Indias most creative in terms of use of modern technology, talented people and tolerance?- Delhi (Delhi is followed by Chandigarh, Punjab, Kerala, Goa, Mizoram, Andaman and
Nicobar Islands, Puducherry and Maharashtra in this index. The study explores the presence of the 3Ts Technology, Talent and Tolerance in economic development within each state and Union Territory in India. The report was launched by Martin Prosperity Institute, Institute for Competitiveness and The Prosperity Institute of India)

9) The Global Polio Eradication Initiative (GPI), which held its summit meet at Abu Dhabi on 5 May 2013, presented a comprehensive plan to eradicate all types of polio from the world. What is the time frame of this eradication plan? Year 2018 (This is a six-year plan in
which efforts will be taken to eradicate polio completely by 2018. Global leaders and philanthropists backed the plan by pledging close to three-quarters of the required $5.5 billion for this initiative. This initiative apparently takes a cue from Indias success in eradicating polio)

10) Which telecom major hiked its mobile call rates for pre-paid services by 20 to 30% with immediate effect on 6 May 2013? Reliance Communications RCom (This hike applies to both GSM and CDMA services and applies to all customers. This hike is expected to
be emulated by other operators also)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

8 May 2013

1) 119th constitutional amendment, which was moved in the Rajya Sabha by External
Affairs Minister Salman Khurshid on 7 May 2013, is associated with which subject?

Giving effect to the acquiring of territories by India and transfer of territories to Bangladesh in pursuance of the agreement between the two countries (Members of
the Asom Gana Parishad (AGP) opposed this amendment as it was moved in the house as they felt it would lead to a secessionist movement in the state)

2) A two-member Supreme Court bench on 7 May 2013 directed constitution of a larger bench to test the legality of a contentious provision of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, that takes away the constitutional power of the
President and Governors to commute the punishment of a person convicted under this law. Which section of the NDPS Act pertains to this controversial provision? Section 32A (This section contains contentious provision of clipping the powers to the President and Governors to commute the sentence under Articles 72 and 161 of the Constitution)

3) Which bank will replace state-run Bank of India (BoI) as the trustee bank for the National Pension System (NPS) from July 2013 onwards? Axis Bank (Pension Fund Regulatory and Development Authority(PFRDA) had appointed Bank of India as Trustee Bank for
NPS for a period of 5 years. The NPS Trustee Bank facilitates fund transfers across various entities of Central Record Keeping Agency system Nodal Offices, Pension Fund Managers and Annuity Service Providers)

4) Indian mutual funds sold how much net funds during the fiscal year 2012-13 as disclosed in the latest data compiled by market regulator SEBI? Rs. 22,749 crore (This is the highest net outflow for a single fiscal since 2000-01 when funds had pulled out shares worth Rs.
27,670 crore. Net mutual fund sale means a situation when sales of mutual funds exceeds its purchase)

5) Union Govt. informed the Parliament on 7 May 2013 that there is no potential for massive increase in employment in agriculture sector and the sector is projected to contribute no increase in the 11th Five Year Plan. How many agricultural workers are projected to lose job in the 12th Five Year Plan, as stated by the govt.? About 4 million 6) One of the most active volcanoes of the Philippines erupted on 7 May 2013, spewing huge stones and ash and killing at least 5
climbers and trapping more than a dozen others near the crater in its first eruption in three years. What is the name of this volcano? Mayon (This volcano is situated in Albay Province about 340 km southeast of capital Manila. It has erupted about 40 times during the last 400 years.)

7) Who was sworn in as Malaysias Prime Minister for a second term on 6 May 2013? Najib Razak (Razaks 13 party coalition
secured a simple majority in the recently held parliamentary elections in the country on 5 May)

8) Which state recently announced launching Shiksha Setu cards for all students studying in govt. schools with an objective to keep the teachers and guardians updated about students performance? Haryana (The move aims to ensure that individual attention is
given to every student)

9) Pakistani cricketer turned politician Imran Khan suffered non-serious head injuries when he fell off a forklift that was hoisting him
on to a stage for an election campaign meeting in Lahore on 7 May 2013. He is the leader of which political party, whose campaign he is leading? Tahrik-e-Insaf

10) Which team won Indian footballs prestigious I-League for 2013? Churchill Brothers, Goa (Churchill Brothers scored 52 points
from 25 matches. This is for the fifth time in succession that this title has been won by a team from Goa)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

9 May 2013

1) A parliamentary panel on empowerment of women and rehabilitation of victims of sexual offences and trafficking placed its report in the Lok Sabha on 8 May 2013. In its report it urged the
govt. to look if the age bar for juveniles accused of crime against women could be reduced from 18 to 16. Who is the head of this panel? Ratna Singh, MP (The panel also proposed a national database of offenders, sprucing up forensic labs for speedy analysis of evidences and an overhaul of the archival policing system)

2) A recently released assessment report on Environmental Benefits and Vulnerability Reduction through MGNREGS, concluded that around 80% of MGNREGS works are related to
water resources and this had a significant impact on improving ground water levels and increasing water availability. Which ministry conducted this survey? Ministry of Rural Development (in collaboration with Indian Institute of Science, Bangalore and GIZ. The sample study for the survey was conducted in four districts of four states Andhra Pradesh (Medak), Karnataka (Chitradurga), Madhya Pradesh (Dhar) and Rajasthan (Bhilwara))

3) Congress returned to power in southern state of Karnataka after about 7 years by scoring a
landslide victory over the BJP. How many seats were won by Congress out of a total 223 assembly seats, results for whom were announced on 8 May 2013? 121 (BJP and JD(S) were tied at 40 seats apiece while former Chief Minister BS Yedyurappas Karnataka Janata Paksha (KJP) could get just 6 seats. 16 seats were bagged by other small parties and independents. Following this defeat Chief Minister Jagdish Shettar submitted his resignation to Governor HR Bhardwaj. Karnataka was the first southern state to have a BJP govt., when it won in 2008)

4) The Supreme Court gave scathing comments while hearing coal block allotment case on 8 May 2013. It commented that the heart of
the status report pertaining to coal blocks allotment was changed on the directives of the govt. and ordered Central Bureau of Investigation (CBI) to ensure that Law Minister and other ministers do not have access to such reports in future. Supreme Court also gave directives to the Central Govt. to come out with a law to insulate the CBI. By when, the govt. has to come out with such a law, as directed by the Supreme Court? 10 July 2013

5) Union Govt. on 7 May 2013 roped in a senior lawyer to assist the team of lawyers in the controversial coal allocation case in
the Supreme Court, hearing for which was held on 8 May 2013. Who is this senior lawyer, who assisted Attorney General G E Vahanvati and Solicitor General Mohan Parasaran in this case? T R Andhyarujina , senior constitutional lawyer

6) The sensitive index Sensex of Bombay Stock Exchange (BSE) again touched the psychological mark of 20,000 points on 8 May 2013. When was this mark touched last time by the sensex? 31 January 2013 (However the Sensex slipped from 20,000 mark to close
a tad lower)

7) Kerala cabinet on 8 May 2013 decided to oppose declaration of any populated area on the Western Ghats in the state as
ecologically sensitive area. This decision came as opposition to the report of the High Level Working Group on Western Ghats chaired by K. Kasturirangan. How many ecologically sensitive areas in Kerala with buffer zone of 12 km were recommended by this Working Group? 22 (Kerala Govt. announced that it is not opposed to protection of environment or buffer zones. However, it wanted the buffer zone to be brought down to zero, if the area is populated)

8) British monarch Queen Elizabeth for the first time in 40 years will not attend the Commonwealth Heads of Governments Meeting (CHOGM), according to an announcement made from the Buckingham Palace on 7 May 2013. 2013s CHOGM is to be held at which city? Colombo, Sri Lanka (Prince of Wales (Prince Charles) would instead represent the British monarchy in this meet. The
announcement came amid growing calls for the venue of the summit to be moved out of Sri Lanka following protests over its human rights record, but the Palace insisted that the Queens decision was not related to it and cited her advanced age as the reason)

9) The merger of two companies of a steel group was approved by the Bombay High Court in the first week of May 2013. After this merger this group will become Indias second largest steel manufacturer after state-owned SAIL. Which group is this? JSW Group (The merger of JSW Ispat Steel into JSW Steel was approved by the Bombay High Court on 3 May 2013. After this merger JSW
Steels annual production capacity will increase to 14.3 million tonnes (MT) from existing 11 MT)

10) English Footballs most famous club Manchester Uniteds manager and coach for last 26 years announced his retirement after
end of the present season. He is termed as the most successful coach in British football history. Who is he? Sir Alex Ferguson (Ferguson took over the reins of Manchester United in 1986 and was responsible for his team winning a total of 38 trophies, including 13 Premier League championships, two Champions League titles and five FA Cups)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

10 May 2013

1) The Supreme Court on 9 May 2013 gave its approval for the $8.48 billion deal by Britains Vedanta Group to acquire a majority stake in Cairn India. By this acquisition
Vedanta will get rights to explore oil and natural gas blocks in which state, which are owned by Cairn India? Rajasthan (This approval of the Supreme Court is important in the sense that it not only upholds a major deal between two private multinational firms, in the quest of commercial discovery of oil and natural gas under the govt.s exploration licensing policy in India, but also sets a precedent as far as judicial intervention in business decisions is concerned. The apex court rejected a PIL which had challenged the centres nod in 2011-12 to the Cairn-Vedanta deal)

2) Which state imposed a ban on sale, storage and production of gutka and pan masala on 8 May 2013? Tamil Nadu (Tamil Nadu joined states such as Madhya Pradesh, Kerala, West Bengal, Gujarat and Mizoram.
Madhya Pradesh was the first state to impose a ban on gutka and pan masala)

3) Pakistani prisoner Sanaullah Ranjay passed away on 9 May 2013 while being treated for injuring sustained in a scuffle with a fellow
inmate in the high security Kot Bhalwal Jail in Jammu. He was being treated in PGIMER in Chandigarh. He was arrested on which charge? Of being involved in carrying out bomb blast in Jammu in 1994 in which 4 persons were killed (Sanaullah was arrested under TADA provisions and was serving a life sentence. Indian Home Ministry announced handing over Sanaullahs body to Pakistan)

4) Union govt. on 8 May 2013 approved the National Cyber Security Policy for the country with an objective of creating a secure computing environment in the country. Which committee gave its go-ahead to this policy? Cabinet Committee on Security (CCS)
An important feature of this policy is that its caters to all types of information and communication technology (ICT) users and providers, which includes small and home users, medium and large enterprises and government and non-government entities)

5) What is the title of an online collection of Rabindranath Tagores works that was launched by President Pranab Mukherjee on 5 May 2013? Bichitra (A bilingual website in English and Bengali was developed to mark the 150th birth anniversary of the poet and it
would provide all variant texts and specialised tools needed by Tagore scholars. Bichitra is an initiative of Kolkotas Jadavpur University)

6) Former Pakistan Prime Minister Yousuf Raza Gilanis son Ali Haider Gilani was kidnapped on 9 May 2013 in Pakistans Punjab
province by unidentified gunmen who shot dead his personal secretary and a bodyguard. Yousuf Raza Gilani is associated with which political party, for which he is campaigning? Pakistan Peoples Party PPP

7) RBI Governor D. Subbarao on 9 May 2013 highlighted a tool for dealing with the probable shortage of cash in the Indian economy. Which tool is this, which could be utilized as and when situation demands? Open Market Operations OMO (RBI
Governor pressed on OMO to deal with the problem of liquidity in the system. OMOs are the market operations conducted by the RBI by way of sale/ purchase of Government securities to/ from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis. Last fiscal, the RBI injected liquidity to the tune of Rs. 1.5 lakh crore through OMO purchase auctions)

8) A Bahujan Samajwadi Party (BSP) MP came to limelight after he apparently displayed disrespect to national song Vande Mataram by leaving the house, as it was being played at the end of session of Lok Sabha on 8 May 2013. Who is this MP, who was criticised for his action by several parties and parliamentarians? Shafiqur Rehman Burq 9) A noted exponent of Hindustan classical vocalist Ustad Zia Fariduddin Dagar passed away at the age of 80 on 8 May 2013. Dagar was exponent of which form of Hindustani classical music? Dhrupad (Son of the illustrious Dhrupadiya Ustad Ziauddin Dagar,
Zia along with his brother, the late Ustad Zia Mohiuddin Dagar (legendary Rudra Veena player), played a major role in the revival of dhrupad tradition)

10) Who was selected by Manchester United as the new manager to replace Sir Alex Ferguson , who retires at the end of present English football season? David Moyes (Moyes is at present manager of Everton, another English football club)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

11 May 2013

1) Pakistan went to a landmark poll for the National Assembly on 11 May 2013. How many members would be elected for National Assembly through these polls? 272
(Pakistans National Assembly (or lower house of parliament) has a total of 342 seats out of which 272 members are elected through elections and the remaining 70 are reserved for women (60) and minority candidates nominated by parties (10).

2) Year 2013 would be celebrated as Year of Water Conservation (This decision was
taken at the Cabinet Meeting held on 9 May 2013. Under this, the Water Resources Ministry will launch a series of programmes among masses, especially children, on water conservation)

3) Legendary actor of yesteryears Pran Sikand, popularly known as Pran, was honoured with the prestigious Dadasaheb Phalke award at his Mumbai residence on 10 May
2013. Pran could not attend the ceremony in New Delhi due to ill-health. It is probably for the first time that an artiste was given the Phalke award at his home. Who gave this award to Pran at his residence? Manish Tewari, Information and Broadcasting Minister (The veteran actor was honoured with a Swarna Kamal (golden lotus) medallion, a cash prize of Rs 10 lakh and a shawl)

4) Who was selected as the new Chief Minister of Karnataka on 10 May 2013 by a secret vote in a Congress Legislature Party (CLP) meet at Bangalore? Siddaramaiah (Defence Minister A K Antony, who is also Congress General Secretary in charge of Karnataka,
made the formal announcement after a CLP meeting held at the party office in Bangalore)

5) Price of diesel was increased by how much from the midnight of 10 May 2013 by the public-sector oil companies? Rs.1 per litre 6) Two cabinet ministers in the Union Govt. tendered their resignations on 10 May 2013 on account of controversies surrounding them recently. Which two ministers are these? Pawan Bansal, Rail Minister and Ashwini Kumar, Union Law Minister (Bansal, who had
taken over the Railway Ministry last October, found himself at the centre of a huge controversy after the CBI caught his nephew Vijay Singla accepting Rs 90 lakh in cash as bribe for a lucrative posting for a senior Railway official. Law Minister Ashwani Kumar had been in the eye of a storm for vetting the CBI report on coal block allocations. The CBI had admitted to changes in its report when it filed an affidavit to the Supreme Court which took a strong exception to the Ministers act)

7) In a setback to the West Bengal government, the Calcutta High Court on 10 May 2013 upheld the primacy of the State Election Commission (SEC) and directed that the panchayat elections would be held in three phases with Central armed police force as per the SECs requisition. The state govt. had earlier notified these elections to be held in how many phases? Two phases 8) What was the growth rate of Indias industrial output (as measured by the Index of Industrial Production (IIP)) for 2012-13, according to data released by the Central Statistics Office (CSO) on 10 May 2013? 1% (This is the lowest growth in IIP since 1991-92,
when the industrial output grew by just 0.6%. IIP growth rate during 2011-12 stood at 2.9%. However, IIP during March 2013 stood at 2.5%, which is the highest in last 5 months)

9) After spending his time on the bench for 12 matches, 24-year old Parvez Rasool became the first cricketer from the state of Jammu and Kashmir to play in IPL. Rasool appeared for his team Pune Warriors India against Kolkata Knight Riders on 9 May 2013, bowled 4 overs for 23 runs and got his first wicket of IPL. Whose prized wicket was claimed by Rasool? Jacques Kallis

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

12 May 2013

1) The proposal of the Ministry of Shipping for establishing two new major ports in the country was approved by the Cabinet Committee on Economic Affairs (CCEA) on 9 May 2013. These new ports are to be established in which states? Andhra Pradesh and West Bengal (Dugarajapatnam port is to be established in Andhra Pradesh whereas a new
port at Sagar Island is to be established in West Bengal. Dugarajapatnam port is to come at Dugarajapatnam village in Nellore district. This will be the second Union governmentcontrolled port in Andhra Pradesh after the one in Visakhapatnam. The proposed Sagar Island port in West Bengal would solve capacity handling problems pertaining to two present ports in the state, Kolkata Docks at Kolkata and Haldia Dock Complex at Haldia)

2) Who was given additional charge of Law Ministry on 11 May 2013? Kapil Sibbal, Telecom Minister (He was given additional charge, as his predecessor Ashwini Kumar resigned a day before, in the wake of a raging controversy over his vetting the CBI probe report in the coal block allocations scam) 3) Who was given additional charge of Rail Ministry on 11 May 2013? Dr C P Joshi, Road and Transport Minister (He was given
additional charge as Rail Minister Pawan Kumar Bansal resigned on 10 May 2013 following the arrest of his nephew Vijay Singla a few days ago for allegedly accepting Rs.90 lakh for fixing promotion in Railway Board)

4) Which Indian university recently introduced a 4-year undergraduate course, which came in for criticism from university teachers as well as some sections of the student fraternity? Delhi University (The new programme awards a diploma if a student exits after two
years, a bachelors degree after three years, and a bachelors degree with honours (or a B. Tech degree) on completion of four years)

5) Declan Walsh, the Bureau Chief of an international newspaper was expelled by the Pakistan Govt. on 10 May 2013, on the eve of an historic election in the country. Walsh belongs to which newspaper? New York Times 6) A special session of trading was conducted at BSE (Bombay Stock Exchange) on 11 May 2013, in which BSEs benchmark index the Sensex gained points. Why was, this special held? To test its new disaster recovery software (The two hour special trading
session was held between 1115 and 1315 hrs)

7) South African cricket coach Gary Kirsten announced his retirement after the the tema completes its participation in the upcoming Champions Trophy, which is to be held in June 2013. He is retiring due to family reasons. Who will replace Kirsten? Russell Domingo
(Domingo had served as Kirstens assistant for the last two years and has been in charge of the countrys Twenty20 team since December)

8) A right-wing political party of Pakistan on 11 May 2013 announced its boycott of the general elections for national and provincial
assemblies, claiming massive rigging and mismanagement at several polling stations, as voting was being held across the country. Which party is this? Jamat-e-Islami (JI)

9) A meeting of finance ministers and central bank governors of the Group of Seven (G-7) was held at which place near London on 10 and 11 May 2013? Aylesbury, Buckinghamshire, southern England (The discussions of the G7 finance chiefs were on widerange of subjects, covering world economy, its recovery and growth, tax system, monetary policy and banking reforms)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

13-14 May 2013

1) Congress leader Siddaramaiah was sworn in as the 22nd chief minister of Karnataka by
the Governor H R Bharadwaj on 13 May 2013. He has been deputy Chief Minister of the state how many times? Twice (In 2006 he left Janata Dal Secular to join Congress)

2) Which stock exchange launched countrys first dedicated debt trading platform on 13 May 2013? NSE (This new debt trading platform is expected to provide an opportunity to
retail investors to invest in corporate bonds on a liquid and transparent exchange platform. The mutual funds, insurance companies and pension funds are also expected to participate after guidelines for the same are issued by the SEBI)

3) One year extension was given to Cabinet Secretary by the Union Govt. on 13 May 2013,
by which his service has been extended till 13 June 2014. Who is the present Cabinet Secretary? Ajit Seth (PM lead Cabinet Committee on Appointments approved this extension for Seth, who is countrys 30th Cabinet Secretary)

4) Trade deficit during the month of April 2013 widened further to reach $17.7 billion
according to data released on 13 May 2013 by Commerce Secretary SR Rao. What was the main reason for this widening trade deficit? Heavy amount of gold imports during the month (Total gold imports during April 2013 stood at $7.5 billion as against $3.1 billion during the corresponding period a year ago, thus registering 138% increase. This is despite several attempts by the govt. to curb the gold imports)

5) Consumer price index (CPI) based retail inflation came to single figure after hovering in double figures for last 13 months. What was the retail inflation for April 2013, as announced on 13 May 2013? 9.39% (In March 2013 it stood at 10.39%) 6) Alerts were issued in Orissas 10 districts due to expected arrival of years first major cyclone. What is the name of this cyclone which
was earlier expected to hit Tamil Nadu and Andhra Pradesh coast in a major way but which later weakened and is moving in northwest direction? Mahasen

7) For the first time in the history of Italian Footballs Serie A, a match was suspended due to racist chanting by fans on 12 May 2013. This match was being played between which two teams? AC Milan and Roma (The match was held at San Siro Stadium in Milan. Visiting
team Romas supporters were chanting anti-racist comments at Milan players Mario Balotelli and Kevin-Prince Boateng. The match was stopped for 97 seconds during the second half after warnings to stop these chanting over the public address system went unheeded)

8) Jagdish Mali, who passed away on 13 May 2013 at a hospital in Mumbai, was associated with which field? Photography (Mali
was a renowned fashion and film photographer. He was father of noted actress Antara Mali)

9) Who won the Spanish Grand Prix Formula 1 on 12 May 2013 at the Barcelona circuit? Fernando Alonso (Spain) belonging to
Ferrari team (Finlands Kimi Raikonen of Lotus claimed the second position while Alonsos teammate Felipe Masa of Brazil was third. Alonso started the race from fifth position and became the first driver in 23 years of racing at Barcelona circuit to win from outside top three grid positions)

10) Serena Williams on 12 May 2013 won 50th title of her career after defeating Maria Sharapova in the finals. Which title was this? Madrid Open (Williams also retained her No.1 ranking with this win. She defeating Sharapova by 6-1, 6-4)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

15 May 2013

1) Union govt. on 14 May 2013 formed a Group of Ministers (GoM) to draft a law to insulate
CBI from external influence in the wake of Supreme Courts scathing observations on CBI. Who is heading this GoM? P. Chidambaram, Union Finance Minister (Other members in GoM are External Affairs Minister Salman Khurshid, Communications and Information Technology Minister Kapil Sibal, Information and Broadcasting Minister Manish Tewari and Minister of State for Personnel V Narayanasamy. CBI Director Ranjit Sinha will also give his input to the newly-constituted GoM)

2) Air India resumed domestic operations of grounded Boeing Dreamliner 787 planes from
15 May 2013. Companys six Dreamliner B-787 aircrafts were grounded since 17 January 2013, which were grounded after a fire in the lithium-ion batteries of a parked plane in Boston and a case of forced landing of another B-787 for the same reason in Japan. Flight for which sector was the first under this resumption of services? Delhi to Kolkata

3) The Election Commission of Pakistan on 14 May 2013 announced the results for 250 out of a total of 272 parliamentary seats, saying
results were awaited from 18 constituencies in Balochistan, Punjab and Sindh provinces and the tribal areas. What was the final tally for major parties out of the 250 seats announced by the commission? Nawaz Sharifs PML-N 122 seats, Pakistan Peoples Party 31

seats, Imran Khans Pakistan Tehrik-e-Insaf (PTI) 26 seats, Muttahida Qaumi Movement (MQM) 16 seats, Jamiat Ulema-e-Islam (JUI) 10 seats and independents 25 seats 4) Lowest level of WPI-based inflation in around three and half years was recorded during April 2013, which is expected to present a case for further monetary policy easing for the RBI. What was the inflation during April 2013? 4.89% (Inflation based on the Wholesale Price
Index (WPI) stood at 5.96% in March 2013, while in April, 2012, it was 7.50%. Inflation during April 2013 is the lowest level of inflation since November, 2009 when it was 4.78%)

5) Indian scientists on 14 May 2013 unveiled the first completely indigenous and affordable vaccine to prevent severe rotavirus diarrhoea,
which kills more than one lakh children under five in India every year. Named Rotavac, the results of the Phase III clinical trials of this virus were also released. Which company has been associated in the development of vaccine candidates and clinical trials for Rotavac? Bharat Biotech (Bharat Biotech has announced a price of Rs. 54 per dose much cheaper than other rotavirus vaccines available in the market. Rotavac is an oral vaccine administered to infants in a three-dose course at the ages of six, 10 and 14 weeks alongside routine immunisations recommended at these ages)

6) Which country recently launched the Super Priority Visa service for urgent travellers from India, which is first-of-its-kind service to be launched by this country anywhere in the world? Britain (The same-day super priority service is an optimal service, which incurs an
additional fee of 600 pounds besides the standard fee. This visa service had been announced by British PM David Cameron during his visit to India in February this year)

7) The Steel Ministry has recently sought the Union Cabinets approval to allow SAIL and Rashtriya Ispat Nigam Limited (RINL) to move
out of the control of Shipping Ministrys chartering arm in borrowing vessels to import coking coal by making their own arrangements. What is the name of Shipping Ministrys chartering arm? Transchart (Apart from these two PSUs, other state-run companies importing raw material are also required to get routed through Transchart because of a five-decade-old policy which envisages supporting domestic ship-owners)

8) Market regulator SEBI on 13 May 2013 extended the 30 June 2013 deadline for listed companies to comply with norms that bar
employee benefit schemes like ESOP (employees stock option plan) and trusts from buying shares of their own firms from the secondary market. What is the new declared deadline? 31 December 2013 (These norms are aimed at curbing manipulative trading in shares of companies)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

16 May 2013

1) Prime Minister Manmohan Singh on 15 May 2013 submitted his nomination papers
seeking re-election to the Rajya Sabha for the fourth consecutive time from which state? Assam (Manmohan Singh was sent to the Rajya Sabha from Assam for the first time in 1991)

2) A crucial meeting between Indian sports officials and International Olympic Committee
(IOC) was held on 15 May 2013 at Lausanne (Switzerland), in which it was agreed to draw a roadmap to bring India back in the Olympic fold. This meeting worked out the exact details and the time frame to get this ban lifted. When the IOC imposed this ban on India? 4 December 2012 (The ban was imposed in 2012 after India failed to adhere to the Olympic charter. Sports Minister Jitendra Singh and Olympic gold medalist Abhinav Bindra were the major representatives from Indian sports fraternity in this meeting.)

3) The Orissa Govt. recently decided to repeal a decade old Cooperative Act that led to mushrooming of chit fund firms in the state in the
guise of self-help cooperatives. What is the name of this act that was once seen as a reformist law to give a fillip to the cooperative movement in the state? The Orissa Self Help Cooperative Act, 2001 (This decision has been taking in wake of the raging chit fund scam in West Bengal)

4) A state of emergency was imposed in how many states of Nigeria by the President Goodluck Jonathan on 15 May 2013? Three
(Emergency was imposed in three states of Borno, Adamawa, and Yobe after a series of deadly attacks by Islamist militant groups. Militants from Boko Haram have been blamed for most of the violence, which has left 2,000 people dead since 2010)

5) According to data released by the PFRDA ((Pension Fund Regulatory and Development Authority) on 15 May 2013, the National
Pension Scheme (NPS) gave better returns than EPF (Employees Provident Fund) and GPF (General Provident Fund) during the year 2012-13. Which scheme of NPS gave the best return during the fiscal? Private : Corporate Debt (Funds under this segment generated 14.19% returns. Performances of other funds/schemes are as follows Private : Govt. Debt 13.52%, Swavlamban 13.40%, State Govt. 13%, Central Govt. 12.39% and Equity Fund 8.38%. In contrast EPF scheme gave returns of 8.5% in 2012-13 while GPF offered a return of 8.8%. EPF manages retirement savings of over 6 crore formal sector workers while GPF takes care of retirement savings of govt. employees recruited before 2004)

6) According to announcements made by the Reserve Bank of India (RBI) on 15 May 2013, when it will launch the much-talked about inflation-indexed bonds? On 4 June 2013 (The main objective of these bonds will be to protect savings of poor and middle classes
from inflation and incentivize household sector to save in financial instruments rather than buy gold)

7) Who was appointed as the first CEO of AirAsia India, which is the newest airline company to start its operations in the country? Mittu Chandilya 8) Which Indian company on 15 May 2013 announced to delist its stock from the New York Stock Exchange (NYSE) due to low trading volumes of its shares? Tata Communications

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

17 May 2013 Daily Current Affairs

1) Which three IPL players belonging to Rajasthan Royals were arrested on the early hours of 16 May 2013 by Delhi Police on charges of spot fixing? S. Sreesanth, Ankit Chavan and Ajit Chandalia (These three players were arrested along with 11 bookies. BCCI later suspended all three
players from the IPL)

2) The Supreme Court on 16 May 2013 said that no person should be arrested for posting objectionable comments on social networking sites without
taking prior permission from senior police officials. It refused to pass an order for a blanket ban on the arrest of a person for making objectionable comments on websites and directed that state governments should ensure strict compliance of the Centres 9 January 2013 advisory which said that a person should not be arrested without taking permission from senior police officials. Which section of the Information Technology Act is associated with objectionable comments on websites, which is being examined by the Supreme Court in this context? Section 66-A

3) Who has been recently nominated as the new head of the World Trade Organization (WTO)? Roberto Azevedo of Brazil (He will take place of
Pascal Lamy)

4) Who was appointed as the new Governor of Arunachal Pradesh on 16 May 2013? Lt Gen (retd) Nirbhay Sharma (He was appointed by the President Pranab Mukherjee and will take place of Gen
(retd) JJ Singh, whose tenure ended in January)

5) Steven Miller, the acting commissioner of the US Internal Revenue Service (IRS), was ousted on 15 May 2013 by the US administration. What were the charges against him? Under him IRS gave special scrutiny to Republican groups 6) What are the main findings of a govt. inquiry committee on US retail giant Wal-Mart headed by Mukul Mudgal, Former Chief Justice of Punjab & Haryana High Court? Wal-Mart was not involved in bribery or lobbying in India but have been lobbying in the US (This committee is expected to submit its report to the govt. soon. This committee was constituted to probe allegations that
Wal-Mart had spent money to influence Indian officials to get an access to the lucrative Indian market)

7) Film actor Sanjay Dutt, who surrendered before a special TADA court in Mumbai on 16 May 2013, was sent to which jail to complete his remaining three-and-a-half year sentence in the 1993 Mumbai serial blasts case? Arthur Road Jail 8) Iconic British footballer David Beckham announced his retirement from football on 16 May 2013. Beckham captained England in 2006 World Cup and was associated with Manchester United and a few top clubs of the world. With which club is he being associated presently? Paris saint-germain FC (PSG FC), Paris (Beckham would play the last match of his career on 25 May 2013)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

18-19 May 2013

1) Who won the Norway Chess 2013 super tournament that concluded on 18 May at Stavanger, Norway? Sergey Karjakin of Russia (Karjakin ended the tournament on six
points while World Champion Vishwanathan Anand finished joint fourth. World number one Magnus Carlsen of Norway finished a joint second place alongside Hikaru Nakamura of United States)

2) A former BJP MP from Arunachal Pradesh came to limelight when he said that the Indian
government should allow people from the State to visit China on stapled visas without compromising its position on sovereignty over the border region. Who is this leader?

Kiren Rijiju 3) Which leading English newspaper of India recently appointed Nicholas Dawes, a South African journalist as its new Chief Editorial and Content Officer? Hindustan Times (Dawes is presently editor-in-chief of Mail and Guardian (M&G), a leading South African paper) 4) SBI Chairman Pratip Choudhuri recently said that the Reserve Bank of India (RBI) should be made regulator of all home loans in the country. Who are regulators of home loan segment in India at present? RBI is the regulator of home loans provided by all commercial banks while National Housing Bank (NHB) is the regulator of loans provided by housing finance companies like HDFC Limited, LIC Housing Finance Co. Ltd., etc. 5) Which country on 17 May 2013 became 14th country in the world to give legitimacy to gay marriages? France (French President
Francois Hollande signed the controversial bill on gay marriages on 17 May. With this France became 9th European country and 14th overall to legalise gay marriages. 13 countries before France to do so were Argentina, Belgium, Brazil, Canada, Denmark, Iceland, France, Netherlands, Portugal, Norway, Spain, South Africa and Sweden)

6) What achievement was achieved by Raha Moharrak, a Saudi woman on 18 May 2013? She became the first Saudi woman to conquer Mt. Everest and the youngest Arab woman to do so (She was part of a four-person expedition that also included the first
Qatari man and the first Palestinian man to reach the summit. The group is aiming to raise $1 million to help fund education projects in Nepal)

7) According to a report released by Switzerland-based Financial Stability Board (FSB) on 18 May 2013, what is the total estimated size of shadow banking business in India? Over $670 billion (nearly Rs. 37 lakh crore) Shadow banking is generally referred to
involvement of financial intermediary in aiding credit creation without regulatory oversight

8) Which international ratings agency on 17 May 2013 warned that it may downgrade Indias sovereign rating to junk grade if the govt. failed to check the widening fiscal and current account deficits reforms for growth? Standard & Poors (S&Ps) The agency affirmed
its BBB- long-term and A-3 short-term unsolicited sovereign credit ratings on India. BBB- is the lowest investment grade just above the junk status and a downgrade would make overseas borrowings costlier for Indian companies)

9) Who was appointed as BJPs in-charge of politically crucial state of Uttar Pradesh for the Lok Sabha Elections of 2014 on 18 May 2013? Amit Shah (Shah is a close confidant of Gujarat Chief Minister Narendra Modi)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

20 May 2013

1) How many agreements were signed between India and China on 20 May 2013 on the occasion of Chinese Prime Minister Li Keqiangs official visit to India? 8 Agreements
(The agreements were signed after delegation-level talks between Prime Minister Manmohan Singh and his Chinese counterpart Li Keqiang. To enhance trade, both the sides decided to set up three working groups under the Joint Economic Group. The three groups are Services Trade Promotion Working Group, Economic And Trade Planning Cooperation Group and Trade Statistical Analysis Group)

2) Supplies of yellow fever vaccines in India are fast running out of stock following stoppage
of production at the only govt.-run production unit for yellow fever in the country. Where is this unit situated? Kasauli, Himachal Pradesh (Production in this unit stopped about 2 years ago and the govt. had been relying on bulk stock of vaccine imported from the WHO in India. Yellow fever vaccine is mandatory for travel to African and South American countries considered endemic regions for the disease)

3) What was the name of a founding member of Imran Khans Pakistan Tahrik-e-Insaf (PTI), who was shot dead in Karachi on 19 May 2013? Zahra Shahid Hussain (She was vice-president of partys Sindh unit) 4) The presence of the Jammu Kashmir Liberation Front (JKLF) president Yasin Malik at a meeting organised by a pro-Tamil Eelam outfit,
Naam Tamilar Party (NTP) was objected to by major political parties of India including Congress and the BJP. NTP meeting was held at which place on 18 May 2013, where Malik was not only present but also put his political view on pro-Tamil movements? Cuddalore,

Tamil Nadu 5) The estimated Rs. 950 crore IPO of a local search engine started on 20 May 2013, which is one of the largest initial public offerings by an Indian internet company. Which company is this? Just Dial 6) Which West Indian batsman on 19 May 2013 became the sixth cricketer to reach the milestone of having played 300 first class matches? Shivnarine Chanderpaul (He joined the league of 5 players (which include Denis Compton, Sachin Tendulkar, Garfield
Sobers, Ranjitsinghji, Graeme Hick and Barry Richards), when he appeared for Derbyshire against Sussex in the English County championship)

7) Indian National Defence University, Indias first defence university is to be set up at Gurgaons Binola village, Haryana (The
university to be built at a cost of Rs. 300 crore will provide a holistic study of the defence and strategic challenges)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

21 May 2013

1) Who became the first Indian woman amputee to successfully scaled Mt. Everest on 21 May 2013? Arunima Sinha (Former volleyball player Arunima lost her left leg in a train
accident in April 2011. Overcoming her physical disability, the Uttar Pradesh girl received training under veteran climber Bachendri Pal and scaled several peaks in the Garhwal Himalayas)

2) The Supreme Court on 20 May 2013 came down heavily on appointments of ad hoc
teachers for govt. primary schools in various states, noting that such a hiring without requirements of minimum qualifications was against the spirit of Article 21-A. This article is related with which provision? Right to Education or RTE (The apex court made this comment while hearing an appeal by the Gujarat govt. against a High Court order on service conditions of ad hoc teachers appointed for primary schools. The Supreme Court commented that such temporary arrangements hampered the entire education system of the country)

3) Which UK-based bank recently agreed to purchase New York-based Morgan Stanleys wealth management assets in India? Standard Chartered Plc. (The price of this sale agreement was not specified and the sale is expected to be completed by the end of the
year. Morgan Stanley handles around $800 million of assets under its management)

4) Which social media blogging service is to be bought by Yahoo Inc. for $1.1 billion? Tumblr (Tumblr is one of Webs most popular
hubs of so-called user-generated content. The deal will help Yahoo reach a younger generation of users less tied to traditional web portal and email services. Yahoo, an Internet pioneer, has been struggling of late mainly due to companys absence in social and mobile segments)

5) Which US state was devastated by a powerful tornado on 20 May 2013, in which more than 90 people died? Oklahoma (The
tornado with winds up to 320 kph ripped through the suburb of Moore in a Midwest region of the U.S. known as Tornado Alley. Block after block were converted into ruins and cars and trucks were left crumpled)

6) An 18-year-old Indian-American girl has invented a super-capacitor device that could potentially charge a mobile phone in less than 20 seconds. What is the name of this girl? Eesha Khare (She was awarded the Young Scientist Award by the Intel Foundation after
developing the tiny device that fits inside mobile phone batteries, that could allow them to charge within 20-30 seconds. The so-called super-capacitor, a gizmo that can pack a lot of energy into a tiny space, charges quickly and holds its charge for a long time)

7) Who was the President and Chief Executive of Nasdaq-listed software services firm iGate, who was sacked on charges of sexual harassment as per an announcement made by the company on 21 May 2013? Phaneesh Murthy (This is the second time that Murthy
has been involved in a sexual harassment case. In 2003, he faced a sexual harassment lawsuit at Infosys, which settled the lawsuit out of court for $ 3 million)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

22 May 2013

1) Who took over as the new Comptroller and Auditor General (CAG) of India on 22 May 2013? Shashi Kant Sharma (The 1976 Bihar cadre IAS officer Sharma was Defence
Secretary till now. He took charge from Vinod Rai superannuated on the same day. Since CAG is a constitutional post, Sharma will be administered the oath of office by President Pranab Mukherjee on 23 May 2013)

2) Which team became the first finalist of IPL 6 on 21 May 2013? Chennai Super Kings or CSK (CSK defeated Mumbai Indians (MI) by 48 runs in the first Qualifier played at
Firozshah Kotla in Delhi)

3) Actor Sanjay Dutt was shifted to which jail on the night of 21 May 2013 from Mumbais Arthur Road Jail? Yervada Jail, Pune 4) Which IPL franchise announced moving out of IPL (Indian Premier League) on 21 May
2013 protesting against BCCIs cashing of franchisees bank guarantee and some other differences? Pune Warriors India PWI (PWI also alleged that BCCI failed to begin arbitration proceedings to lower the franchise fee. BCCI cashed PWIs bank guarantee immediately after the team exited the tournament on 19 May 2013. Sahara India, which bought the franchise for Rs. 1,700 crore in 2010, said that it was disgusted by BCCIs attitude towards it, and it would now not rejoin the league under any circumstances. Sahara also announced that it would not renew its sponsorship of Indian cricket team)

5) What is the scaled-up target of bilateral trade between India and China by year 2015 as agreed between the two countries on 20 May 2013? $100 billion (The bilateral trade between the two countries stood at $67.8 billion during 2012-13) 6) During Chinese Premier Li Keqiangs visit to India, year 2014 was declared as which year for the two countries? Friendship Year
(The objective of celebrating 2014 as Friendship Year is to increase people-to-people interaction and peaceful co-existence between the two countries)

7) Myanmar President Thein Seins historic visit to the US on 20 May 2013 opened a new chapter of bilateral relations between the US and Myanmar. After how many years a President from Myanmar (formerly Burma) visited the United States? 47 years 8) With an objective of tightening the norms for algorithmic trading (algo), market regulator SEBI on 21 May 2013 made it mandatory for the users to have their systems audited every six months and increased penalties on errant stock brokers. What is algo trading? In market parlance, algorithmic or algo trading refers to orders generated at a super-fast speed by use of advanced mathematical models that involve automated execution of trade 9) Union Govt. on 21 May 2013 further relaxed the tax regime for foreign institutional investors (FIIs) investing in corporate bonds in India. What was the main relaxation announced for FIIs? FIIs parking their funds in govt. securities and corporate bonds will have to pay only 5% withholding tax on interest earned from such investments till May 2015 (Earlier this tax was charged at 20%) 10) What is the name of Microsofts third generation gaming console, first preview of which was shown by Microsoft on 21 May 2013 and which is an extension of its famed Xbox gaming range? Xbox One (Xbox One will be launched worldwide this year. This new device
interacts with television, responds to voice and gesture commands, and includes Skype video calling, 15 exclusive game titles and original programming content)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

23 May 2013

1) The second regime of United Progressive Alliance (UPA-2) completed how many years in power at the Centre on 22 May 2013? 4 years 2) What is the new income criterion for creamy layer section of OBC, which was recently hiked by the union govt.? Rs. 6 lakh per annum (This income criterion earlier stood at Rs
4.5 lakh per annum. Creamy layer refers to economically advanced segment of OBCs (other backward castes) which are barred from reservations provided OBC section by the govt. The Rs 4.5 lakh criterion was fixed in 2008)

3) A govt. panel on 22 May 2013 gave its go-ahead for the quadricycle to ply as public
transport vehicle within city limits. This approval for quadricycles is apparently good news for which auto company which has already developed a model of quadricycle? Bajaj Auto (Bajaj Auto has developed a model of quadricycle called RE60. Quadricycles are considered to be safer than three-wheeler as they have fully enclosed body structure with hard top and doors. Their maximum speed limit and engine capacity are considerably lower than that of a regular car)

4) India on 22 May 2013 successfully test fired the 290-km range Brahmos supersonic missile from Indian Navys latest guided-missile frigate INS Tarkash. This test was conducted at Goa (INS Tarkash, an advanced Talwar Class frigate, was commissioned on 9
November 2012)

5) How much cash subsidy towards diesel and cooking fuel is to be doled out for year 2012-13 as agreed upon by the union govt. recently? Rs. 1,00,000 crore (The finance ministry had previously given out cash subsidy of Rs. 55,000 crore and it agreed to give Rs.
40,000-45,000 crore more now to uncover for unmet revenue losses on fuel sale in the fiscal year ending 31 March 2013. The agreement was reached during a meeting Prime Minister Manmohan Singh had with Finance Minister P Chidambaram and Petroleum Minister M. Veerappa Moily)

6) The landmark US immigration bill, which offers a path to citizenship for more than 11 million undocumented immigrants, including over
260,000 Indians, and increasing H-1B visas, on 21 May 2013 passed its first legislative test in the US Senate Judiciary Committee. What is the name of this bill which was passed by 13-5 votes? Border Security, Economic Opportunity, and Immigration Modernization Act (This bill raises the minimum number of visas annually for high-skilled foreign workers known as the H-1B visa to 115,000 from 110,000, while keeping the maximum at 180,000 a year. The bill (No 744) now goes to the Senate for approval, which is expected to witness another round of negotiations and tough bargaining. It needs 60 votes to pass the 100-seat Senate)

7) Who won the 60,000 Man Booker International Prize for 2013, which is given in recognition of a writers overall contribution to fiction? Lydia Davis of US (Indian author U.R. Ananthamurthy was also one of the nominees for this prestigious literary prize. An offshoot of the
more famous annual Man Booker Prize, this prize recognises a writer for his or her continued creativity, development and overall contribution to fiction on the world stage)

8) Which three investment banks were selected by the union govt. for managing 10% stake sale of Engineers India Limited (EIL)? ICICI Securities, IDFC and Kotak Mahindra (This stake sale is expected to fetch about Rs. 600 crore to the exchequer) 9) Zimbabwean President Robert Mugabe signed a new constitution into law on 22 May 2013, replacing a 33-year old document forged
in dying days of British colonial rule and paving the way for elections later this year. What are the main features of this new constitution? It clips powers of the president substantially and imposes a two-term limit (A referendum for this constitution was held in March this year, which was approved overwhelmingly)

10) Capital of which Scandinavian country witnessed large scale rioting and arson recently, which started on 19 May 2013? Sweden
(Swedish capital Stockholm witnessed unusual incidents of rioting that began on 19 May 2013 in response to the 13 May shooting, in which police killed a 69-year-old, knife-wielding man)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

24 May 2013

1) Indian market regulator Securities and Exchange Board of India (SEBI) completed how many years of its establishment on 24 May 2013? 25 years (SEBI was formed on this day
in 1988 by an order of Govt. of India. It was given statutory powers in 1992 through the SEBI Act, 1992)

2) Which language is set to be granted the status of a classical language after the union
cabinet on 23 May 2013 approved classifying this language as a classical language? Malayalam (The government has earlier notified Tamil, Telugu and Kannada as classical languages. The benefits extended to Classical Languages include, two major annual international awards for scholars of eminence and setting up of a Centre of Excellence for Studies in Classical Languages)

3) Which Pakistani cricket umpire was on 23 May 2013 withdrawn from the panel of ICC
umpires for the upcoming Champions Trophy in England, for him being investigated by the Mumbai Police in IPL spot-fixing controversy? Asad Rauf (The ICC on 23 May 2013 issued a media release stating that Rauf had been removed from the panel of umpires for the tournament to be held from 6 June to 21 June)

4) On 23 May 2013 the CEO of IPL franchisee Chennai Super Kings (CSK) was summoned by the Mumbai Police in connection with IPL
spot-fixing scandal for his alleged role. What is the name of this CEO, who is also the son-in-law of BCCI chief N. Srinivasan? Gurunath Meiyappan (Meiyappans name allegedly figures in the list of calls made by Vindoo Singh, who was arrested in this case a few days ago)

5) What are the names of two TV channels owned by the scam-tainted Saradha Group, which were taken over by the West Bengal Govt.? Tara Newz and Tara Muzik (Chief Minister Mamata Banerjee said that 168 employees of these two channels would be provided an
ex-gratia of Rs. 16,000 per month)

6) Which Indian-American scripted history after he was confirmed as the first South Asian judge to Americas second highest court, the US Court of Appeals, on 23 May 2013? Srikanth Srinivasan (Chandigarh-born Srinivasans nomination to the US Court of Appeals for
the District of Columbia Circuit was unanimously approved by the Senate with 97 voting in favour)

7) On 23 May 2013, who became the oldest person to reach the summit of Mount Everest? Yuichiro Miura of Japan (However, his old
foe 81-year old Min Bahadur Sherchan of Nepal, is following close behind and is attempting to scale the summit very soon)

8) Who was selected for the 2013 Ellen L. Lutz Indigenous Rights Award for protecting the rights of tribals? Dayamani Barla (She was
chosen for this prestigious prize from among 60 international nominees by Cultural Survival, an international NGO. Dayamani Barla, 48, a Munda adivasi has led peoples movements against displacement for over a decade, gained prominence when she travelled across villages in four districts of Jharkhand organizing villagers who were opposed to giving up their agricultural land for setting up of Arcelor Mittals steel plant over 11,000 acres of land)

9) Who was appointed as the new chairman of the Board of Governors of the Medical Council of India (MCI) on 23 May 2013? Dr. RK Srivastav, former Director General of Health Services (He will replace Dr. KK Talwar. A new Board of Governors for MCI has been
constituted as an interim arrangement before an elected body takes over)

10) How much were the gross non-performing assets (NPAs) of the State Bank of India (SBI) for year ended 31 March 2013 as declared on 23 May 2013? Rs. 51,189 crore (NPAs stood at Rs. 39,676 crore in the previous year. SBIs gross NPA as a percentage of total
loan rose to 4.75%, which is the highest among Indian banks. NPAs represent portion of bad loans)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

25 May 2013

1) The Legislative Assembly of Himachal Pradesh completed how many years of its formation on 24 May 2013? 50 years (Himachal assembly celebrated its golden jubilee on
this day, in which President Pranab Mukherjee addressed a special session, who became the second President to address the assembly. Earlier APJ Abdul Kalam addressed the assembly in 2004)

2) On 24 May 2013 a Pakistan International Airlines (PIA) aircraft was diverted to a British
airport designated as a counter-terrorism airport after this Manchester-bound aircraft sounded a mid-air security alert, forcing Britain to scramble two fighter jets to escort the plane. What is the name of the British counter-terrorism airport, where this plane was diverted to? Stansted (This PIA aircraft with 297 passengers on-board was on LahoreManchester flight when two passengers onboard created ruckus in the aircraft thus endangering its safety)

3) Which team will take on Chennai Super Kings (CSK) in the finals of the sixth edition of IPL? Mumbai Indians (Mumbai Indians
defeated Rajasthan Royals by 4 wickets in the third qualifier on 24 May 2013)

4) Who recently became the first woman to receive the US Library of Congress Gershwin Prize for popular song? Carole King, US
singer and songwriter (The Gershwin Prize is given by the US Library of Congress each year and is given as a lifetime achievement in popular music. The prize was conferred on King by the US President Barack Obama on 22 May 2013 at the White House)

5) What is the name of countrys first yoga university which was inaugurated by the Gujarat Chief Minister Narendra Modi on 23 May 2013 at Ahmedabad? Lakulish Yoga University (It is claimed to be the first such university in India and has been set up by the
Surendranagar-based Life Mission Trust. This university will offer a 3-year six-semester degree course in Yoga in which students will be taught subjects of Ashtang Yoga, Karma, knowledge, Bhakti Yoga, philosophy, psychology, anatomy, Ayurveda and naturopathy)

6) The Ministry of Health and Family Welfare has recently relaxed the eligibility criteria for the Janani Suraksha Yojana (JSY). As per the
newly announced criteria for JSY , all women belonging to the below poverty line (BPL) segment can access JSY benefits irrespective of their age and number of children. What was the existing criterion for JSY till now? The women had to prove that they were 19 years of age and had no more than two children (JSY provides financial assistance to mothers for institutional deliveries. The relaxation have been incorporated as it was witnessed that a majority of eligible women for this scheme were out of the purview as they were unable to produce proof of age or verify the number of children they have)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

26 May 2013

1) Mahendra Karma, a powerful tribal leader of the Congress from south Chhattisgarh, who founded a famous
movement to combat Maoists, was killed in a naxalite attack on Congress ongoing Parivartan Yatra at Sukma in Chhattisgarh on 25 May 2013. Congress state chief of Chhattisgarh Nand Kumar Patel, his son Dinesh Patel and senior Congress leader Uday Mudaliar was also killed in this attack while another senior leader VC Shukla was seriously injured in this attack. What is the name of the movement founded by Mahendra Karma? Salwa Judum (Under this movement a militia consisting of local tribal youths was raised to lead antiinsurgency operation in Chhattisgarh. However, in 2011 the Supreme Court declared this militia as unconstitutional and illegal and ordered the state govt. to recover all the firearms along with the ammunition and accessories provided to the activists of Salwa Judum militia)

2) Who was appointed as the new Defence Secretary of India on 25 May 2013? Radha Krishna Mathur
(He succeeds Shashikant Sharma who has taken over as Comptroller and Auditor General (CAG). RK Mathur is a 1977-batch IAS officer of Manipur-Tripura cadre and was serving as Secretary (Defence Production) in the Defence Ministry. He will have tenure of 2 year)

3) A two-child limit for Muslim families has been imposed in which state of Mynmar recently in an effort to ease tensions with the Buddhist neighbours of the state
after a spate of deadly sectarian violence? Rakhine (The new measure will be applied to two Rakhine townships of Buthidaung and Maundaw, which border Bangladesh and have the highest Muslim populations in the state)

4) African Union (AU) completed 50 years of its establishment and a summit meet was organized on this occasion on 25 May 2013. Where was this summit held?
Addis Ababa, the capital of Ethiopia (AU is an organisation of countries of the Africa continent, which was established with an objective of liberating the continent from its colonial masters and which is now trying to stay relevant in a continent regularly troubled by conflicts. Indian Vice President Hamid Ansari represented India at this summit)

5) Which team won the title of European Champions League in the finals played on 25 May 2013? Bayern Munich of Germany, who defeated its German rival
Borussia Dortmund by 2-1

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

27 May 2013

1) Which franchisee team won the 6th edition of the Indian Premier League (IPL), final of which was held on 26 May 2013 at Kolkatas Eden Garden? Mumbai Indians (MI) (MI
defeated Chennai Super Kings (CSK) by 23 runs. This was the first IPL title for MI, who were defeated by CSK in the finals of 2010)

2) Who claimed the orange cap for scoring highest runs in the 6th edition of the IPL? Michael Hussey of Chennai Super Kings (Hussey scored 733 runs during the tournament
followed by Chris Gayle who scored 708 runs)

3) Who claimed the purple cap for claiming highest number of wickets in the 6th edition of
the IPL? Dwayne Bravo of Chennai Super Kings (Dwayne Bravo bagged 32 wickets during IPL 6 followed by James Faukner of Rajasthan Royals, who bagged 28 wickets)

4) Who won the Monaco F1 Grand Prix, final of which was held on 26 May 2013? Nico Rosberg of Germany belonging to the
Mercedes team (Both second and third spots were claimed by drivers of Red Bull team, Sebastian Vettel (Germany) and Mark Webber (Australia). Nico Rosberg emulated his fathers win on the same track in 1983 when his father Keke Rosberg took the chequered flag here)

5) Sachin Tendulkar announced his retirement from T-20 cricket immediately after his team Mumbai Indians won the 6th edition of IPL on 26 May 2013. Which is the only cricket format in which Sachin Tendulkar is now playing international cricket? Test cricket (Sachin had
already announced his retirement from one day internationals in 2012)

6) Which agency was commissioned to investigate security lapses in the 25 May Maoist attack in Chhattisgarh, in which 28 people, including senior Congress leaders, lost their lives? National Investigative Agency (NIA) 7) The Serbian govt. on 26 May 2013 accepted a normalization agreement with its former province of Kosovo. Which organisation had brokered with Serbia and Kosovo for this agreement? The European Union (The agreement paves the way to both Serbia and
Kosovo for closer ties with the European Union. Kosovo, with a mostly Albanian population, declared independence in 2008, nine years after NATO intervened against Serbia to end a war there)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

28 May 2013

1) Indian Air Force (IAF)s first fighter air base in South India was inaugurated by Defence Minister AK Antony
on 27 May 2013. Where is this air base situated? Thanjavur in Tamil Nadu (IAFs state-of-the-art Su-30MKI combat aircraft will be stationed at this new air base. The establishment of the premier fighter base is important in the view of current geo-political scenario and threat perception in the peninsular region and in the Indian Ocean)

2) Which wholly-owned loss-making subsidiary of the State Trading Corporation of India was recommended to
be wound up by the union govt. recently? Spices Trading Corporation Limited STCL (STCL has suffered massive liability of Rs. 1,208 crore account of fraud and in view of the govt. it was not viable to revive it)

3) How many cooperative banks failed in 2012-13, resulting in credit insurance company Deposit Insurance and Credit Guarantee Corporation (DICGC) paying nearly Rs. 160 crore to depositors? 13 (Among the 13 cooperative banks, which failed to repay deposits to customers, nine are from Maharashtra, two from Gujarat and one each from Andhra Pradesh and Orissa. DICGC is a subsidiary of the Reserve Bank of India) 4) Nawaz Sharif is set to become Pakistans Prime Minister for an unprecedented third term on 5 June with his party PML-N nominating him for the post on 27 May
2013. Which were the two earlier terms of Nawaz Sharif as Prime Minister of Pakistan? 1990-93 and 1997-99 (First session of the new National Assembly will be convened on 1 June 2013)

5) Which film won the prestigious Palme dOr at the recently concluded 66th Cannes Film Festival? Blue is the Warmest Colour (This film was directed by
French-Tunisian filmmaker Abdellatif Kechiche and is a gay themed love story)

6) World Cup Cricket 2019 would be jointly hosted by which two countries? England and Wales (The International Cricket Council (ICC) and the England and
Wales Cricket Board (ECB) officially signed the agreement to stage the 2019 World Cup in England and Wales. The tournament will be held throughout June 2019 and will be played at 10 venues. It is currently scheduled to involve 10 teams)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

29 May 2013

1) On 29 May 2013, which anniversary of the conquer of Mt. Everest is being celebrated? 60th (Worlds
highest peak Mt. Everest was conquered by Sir Edmund Hillary (New Zealand) and Tenzing Norgay (India) on 29 May 1953 when they reached the 29,028 ft (8,848m) summit)

2) Which state on 28 May 2013 became the third state in the country after Goa and Sikkim to introduce
online lottery? Punjab (Punjab state cabinet cleared a proposal to introduce online lottery, which will offer games through a network of computer terminals or other such devices at retail locations. These devices and terminals will be connected to a central data centre. The state cabinet also cleared a law to facilitate the setting up of race courses in Punjab)

3) Senior advocate and rebel MP Ram Jethmalani was expelled from the BJP for how many years on 28 May
2013? 6 years (A few weeks ago Jethmalani barged into a meeting of the BJP Parliamentary Party and questioned his continued suspension from the party. He was suspended after he opposed a second term for Nitin Gadkari as party president)

4) Indian Space Research Organisation (ISRO)s Navigation Centre was inaugurated on 28 May 2013 by V. Narayanasamy, the Minister of State in the Prime
Ministers Office (PMO). Where is this centre situated? Byalalu, about 40 km from Bangalore (This centre will act as a focal point of all important operations of Indian Regional Navigation Satellite System (IRNSS), which is a network system of 7 satellites and which provides crucial information of India and its neighbourhood)

5) Who was appointed as the Chairperson of National Commission for Protection of Child Rights (NCPCR) recently? Mrs. Kushal Singh (She was appointed by
the Ministry of Women and Child Development and was earlier selected by a committee headed by Krishna Tirath, Minister of Women and Child Development)

6) Who was appointed as the Managing Director of India operations of confectionery major Britannia Industries in place of Vinita Bali? Varun Berry (Berry was
Chief Operating Officer (COO) of the company till now. Vinita Bali will now focus on international business of the company)

7) The first ever social audit of its kind in the country of the mid-day meal (MDM) scheme aimed at providing nutritious, hot, cooked meal to children in primary
schools has revealed that schools in Andhra Pradesh get inadequate quantity of rice and that too of poor quality. Which body conducted this study, which submitted its report to the HRD Ministry recently? The Society of Social Audit, Accountability and Transparency SSAAT (SSAAT is an independent body set up by Andhra Pradeshs Rural Development department. SSAAT conducted its social audit of MDM scheme across 40 schools in Khammam and Chittoor districts of Andhra Pradesh and covered more than 4,600 students)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

30 May 2013 Daily Current Affairs

1) Japan and India on 29 May 2013 agreed to form a joint working-group to set up the sale of first defence item from Japan to any country in the world.
Which item is this? The US2 amphibious aircraft (A landmark agreement on the supply of amphibious planes to India was signed to establish a Joint Working Group (JWG) to explore the modality for cooperation in seeing through that the deal is finalized. It is the first time that Japan has offered such a step on this aircraft which has dual uses of landing on choppy waters and having long-range civilian and military applications. The US-2 which was developed by ShinMaywa Industries has a range of 4,700 kilometres and can land in seas with waves of up to three metres. The sale of the aircraft, when it happens, would be the first of a finished product made by Japans homegrown defence industry since rules were imposed in 1967 restricting the export of weapons systems and other equipment)

2) Which famous social activist, who was a member of the UPA Chairperson Sonia Gandhi-led National Advisory Council (NAC), decided not to continue
in the council for another term of NAC? Ms. Aruna Roy (Roys term ends on 31 May 2013. She also criticised the Prime Ministers office for not taking up the recommendations of NAC on minimum wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Roy is a former civil servant and a founder member of the Rajasthan-based Mazdoor Kisan Shakti Sangathan. She is now apparently looking to work at grassroots level)

3) A Group of Ministers (GoM) headed by Finance Minister P Chidambaram on 29 May 2013 approved a bill which seeks to set up an independent regulatory authority for the coal sector to address
contentious issues such as pricing, supply and quality of coal. What is the name of this proposed bill, which will be sent to the Cabinet within 10 days for approval? Coal Regulatory Authority Bill

4) What is the growth estimate for India for year 2013 as released by Paris-based Organisation for Economic Cooperation and Development (OECD)? 5.3% (This estimate has been scaled-down from its
earlier estimate of 5.9%. OECD cautioned that structural bottlenecks could further constrain investment and growth potential of India)

5) According to the latest reports, Talibans No. 2 commander in Pakistan was killed on 29 May 2013 in a US drone strike in countrys North Waziristan tribal region. What is the name of this commander?
Waliur Rehman (Rehman was the deputy chief of the banned Tehrik-e-Taliban Pakistan)

6) Indian Rupee sank to 10-month lows on 29 May 2013 and it closed at Rs. 56.17 per dollar. The fall would have been more pronounced, had there not been sustained capital inflows worth over $100 million in
equities. What are the main reasons for continued decline in value of rupee as against the US dollar? Heavy demand for dollar from gold dealers, oil importers and for defence-related buying (A weak rupee will make imports costlier, which will have a cascading effect on inflation)

7) The Financial Sector Legislative Reforms Commission (FSLRC) has asked for complete overhaul of the current Indian financial sector regulatory architecture, if India wants to become $14 trillion economy
by 2015. What are the main recommendations of FSLRC, which has submitted its report to the Finance Ministry in March 2013? a) Creation of a unified financial agency that would subsume sectoral regulators like IRDA, PFRDA, etc b) Limit the role of the RBI to monetary management c) Introduction of Indian Financial Code (IFC) for replacing the current regulatory regime (IFCs draft was also included in this report) (Justice BN Srikrishna is the Chairman of the FSLRC)

8) What is the name of Britains largest online fashion retailer, which recently recalled a range of premium leather belts manufactured in India, after the metal studs on them were found to be radioactive?
Asos (These belts were supplied by Haq International and manufactured by Royal Ascot Leather in Kanpur, Uttar Pradesh. According to an internal report by Asos, these belts could cause radioactive injury if worn for more than 500 hours)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

31 May 2013 Daily Current Affairs

1) Noted filmmaker Rituparno Ghosh passed away of a cardiac arrest on 30 May 2013. The maker of acclaimed films like Unishe April , Dahan,
Asukh, Chokher Bali, Raincoat, Bariwali, Antarmahal and Noukadubi was just 49 years of age at the time of his death. Ghosh won how many national awards in his illustrious career? 12 (He made his directional debut in 1994 with childrens film Hirer Angti. His second film Unishe April starring Aparna Sen and Debashree Roy won him his first of the 12 National Film Awards)

2) What was the name of the so-called grand-mother of womens movement in South Asia who passed away on 30 May 2013 and who was the architect
of the epochal Report of the Committee on the Status of Women in India in post independent India? Dr. Vina Mazumdar (As a member of the first Committee on the Status of Women in India (1973-74), Mazumdar wrote the committees report Towards Equality, the first of its kind on the status of Indian women. This report was a watershed in the fight for womens rights in the country)

3) Which Indian city will host 20th Asian Athletics Championships, as announced on 30 May 2013? Pune (This championship will be held from 3 to 7 July 2013. This event was proposed to be held in Tamil Nadu originally but the State government refused to host it on political grounds. Later, Delhi too backed off from being the alternate venue for the Championships) 4) The Environment Ministrys 2012 guidelines for high-rise buildings that link a buildings height with the width of the road on which it is located and had been strongly opposed by state governments
failed to get the backing of a review committee set up by the ministry itself. Who is this chairman of this committee? Dr. K. Kasturirangan, member Planning Commission and former head of ISRO (This committee has recommended that the issues relating to urban planning, fire fighting and disaster management should be left to the state governments and local bodies instead)

5) In a severe setback to the Congress in Andhra Pradesh, a senior party leader and a former Rajya Sabha member quit the party and joined the Telangana Rashtra Samiti (TRS) on 30 May 2013. Who is this
leader? K. Keshava Rao (Rao left Congress due to partys allegedly inactive role in resolving the Telangana issue)

6) India signed an extradition pact with which prominent South-East Asian country on 30 May 2013 on the occasion of Prime Minister Manmohan Singhs visit to this country? Thailand (This pact with
Thailand completes a legal architecture to ease process for monitoring, arresting and deporting Indias key suspects. Thailands liberal tourist visa policies have made it a preferred escape destination for a plethora of criminals from almost all regions of India)

7) Prime Minister Manmohan Singh was on 30 May 2013 elected to the Rajya Sabha from Assam for ___ time? 5th (Manmohan Singh is a Rajya Sabha member from Assam since 1991. He received 49
votes in the recently held elections for the Upper House)

8) Who was appointed as the Managing Director of the Life Insurance Corporation (LIC), which is the largest financial institution in the country? SK Roy (Roy was a senior executive of LIC. However, Roy is
also one of the contenders for LIC Chairmans post, which falls vacant on 31 May 2013 following superannuation of current incumbent RK Mehrotra)

9) A govt. committee has recommended to do away with the BPL list in 22 most backward of the 82 Integrated Action Plan (IAP) districts of the country, mainly due to presence of Left wing extremism in
these districts. Who is heading this committee? Abhijit Sen, member Planning Commission (This committee was formed in October 2012 to suggest methodology for inclusion of eligible families in the existing Below Poverty Line (BPL) list. The committee submitted its report to the govt. on 22 May 2013)

10) What is the name of Mercedes Benz Indias first luxury hatchback car, which was launched by the company on 30 May 2013? - A Class (This premium hatchback is priced from Rs 21.93 lakh to Rs 22.73
and is targeted towards the affluent youth of India)

Current Affairs | India | Banking & Financial Awareness For all previous PDFs, browse to our website. If you found this content valuable, then please help us spreading. 2013 NTS. All Rights Reserved.

You might also like