Professional Documents
Culture Documents
Current Affairs March
Current Affairs March
Dubai Tennis Championship single title won by Roger Federer on 1st March 2014 . He defeated Tomas Berdych by 3-6, 6-4,6-3 in the final. It is his 78th career title.Indo-Pak duo Aihsan ul
Haq Qureshi and Rohan Bopanna also won the doubles title by defeating Daniel Nestor and N. Zimonjic 6-4, 6-3 in straight sets.
Important to note :
Roger Federer also defeated second seeded Novak Djokovic in the semifinals of this tournament. Roger Federer is from Switzerland.
Union Cabinet cleared reservation for Jats community under OBC category:
Union Cabinet cleared reservation for Jat community on 2nd March 2014. Reservation for Jat community was cleared under the central list of OBC (other backward castes quota) category
in nine northern states. It is expected reservation for Jat community will benefit approx nine crore people of this community. Jats were demanding same since a long time.
President rule imposed in Andra Pradesh:
As, The President of India, Mr. Pranab Mukherjee gave his assent for Telangana, he also signed for President's rule in Andra Pradesh. As we are aware that Andhra Pradesh Chief Minister N
Kiran Kumar Reddy resigned on 19 February 2014 over Telangana issue thenafter Governor E S L Narasimhan recommended President Rule in the Andhra Pradesh State.
Important to note :According to the Article 356 of the constitution, if the President, on receipt of report from the Governor of the State or otherwise, is satisfied that a situation has arisen in
which the government of the State cannot be carried on in accordance with the provisions of this Constitution, the President may declare the president rule in the state
Oscar Awards announced
Important Oscar Academy Awards 2014 Winners:
BEST PICTURE - 12 Years a Slave
BEST DIRECTOR - Alfonso Cuaron [Gravity
BEST ACTOR - Matthew McConaughey [Dallas Buyers Club]
BEST ACTRESS - Cate Blanchett [Blue Jasmine]
BEST ORIGINAL SCREENPLAY - Her [Spike Jonze]
BEST ADAPTED SCREENPLAY - 12 Years a Slave [John Ridley]
BEST SUPPORTING ACTRESS - Lupita Nyongo [12 Years a Slave]
BEST SUPPORTING ACTOR - Jared Leto [Dallas Buyers Club]
BEST ANIMATED FILM - Frozen
BEST FOREIGN LANGUAGE FILM - The Great Beauty [Italy]
ICC under 19 World Cup 2014 won by South Africa:
For the first time South Africa under-19 team has captured ICC Under-19 Cricket World Cup 2014. South Africa Under -19 team defeated former champions Pakistan by six wickets. Final of
ICC Under-19 Cricket World Cup 2014 was held in Dubai International Cricket Stadium. Corbin Borsch of South Africa was declared as man of the match.
Important to note :*Captian of South African tean was Aiden Markram * Captian of Pakistan tean was Sami Aslam *In Under-19 Cricket World Cup 2014 India is on the 5th spot after South
Africa, Pakistan, England and Australia
4th March 2014
a) India orders bribery probe by CBI into Rolls-Royce deal
b) Retired SC judge K.T. Thomas refuses to head Lokpal search panel
c) Indian shuttler Arvind Bhat clinches German Open title
d) Jaswant Singh released his book India at Risk
e) Bill Gates is World's richest Billionaire in annual list of Forbes
f) Govt gives NSF status to Hockey India
India orders bribery probe by CBI into Rolls-Royce deal:
A CBI investigation was ordered by Union Defence Ministry on 3rd March 2014 to probe into the purchase of jet fighter engines from Britain's Rolls-Royce that worth 10000 crore rupees. The
Central Bureau of Investigation will look into more than Rs. 500 crores in alleged kickbacks in the deal. It was a deal of supplying engines to state-run Hindustan Aeronautics Ltd (HAL)
between 2007 and 2011 by Rolls-Royce.
important points:Earlier, India on 1st January 2014 cancelled a 740 million US dollar (3600 crore rupees) contract with AgustaWestland following bribery allegations.
Retired SC judge K.T. Thomas refuses to head Lokpal search panel:
Retired judge of Supreme Court Mr. K.T.Thomas refused to head the Lokpal Committee Search panel. He refused on 3rd March 2014. Mr. K.T. Thomas claimed that panel constituted for
this purpose will not be albe to conduct an independent search as it is mandated to pick names only from a government drawn list. The eight-member search committee is mandated to prepare a
panel of persons to be considered by the Selection Committee headed by Prime Minister Manmohan Singh for appointment of chairperson and members of Lokpal. Members of Lokpal
Committee Search panel were :
Justice K T Thomas,
Fali Nariman (senior advocate),
S.Y.Qureshi (former Chief Election Commissioner),
Meenakshi Gopinath (Principal, LSR College),
Mrinal Miri (Educationist),
Kaki Madhava Rao (ex-AP Chief Secretary) and
H.K. Dua (Rajya Sabha MP)
Important to note : Few days before senior Supreme Court lawyer Fali S Nariman also opted out of the search committee Mr. K.T. Thomas was unanimously chosen to head the
Search Panel by the Lokpal Selection Committee on 21st February 2014.Mr. K.T. Thomas was a judge in the apex court between March 29, 1996 to January 1, 2002.
Indian shuttler Arvind Bhat clinches German Open title:
India's shuttler and new fame Arvind Bhat clinched German Open Grand Prix title in Germany. Arvind Bhat defeated Hans-Kristian Vittinghus a Danish player by 24-22 19-21 21-11 in
Mulheim an der Ruhr, Germany on 3rd March 2014, to won $120,000 prize money title.
Important to note : Arvind Bhat rank is 87th in the world,Arvind Bhat became first Indian ever to win this title,Pullela Gopichand lost in finals of German Open Grand Prix title in 1999
Jaswant Singh released his book India at Risk:
Former minister in the NDA government Mr. Jaswant Singh released a book entitled "India at Risk Mistakes, Misconceptions and Misadventures of security policy" on 3rd March 2014.This
book throws a light on several events that took place during his appointments as minister of external affairs and minister of defence. It also includes history event like Indo-China wars, the Indo-
Pak war, Kargil, the Emergency, etc.Jaswant Singh puts forth his opinion on crucial factors that will shape India this centuryfrom combating terrorism to a policy of non- proliferation, from
clear governance to diplomatic relations.
Important to note : Mr. Jaswant Singh is currently a Member of Parliament, Lok Sabha.This is his ninth term as a parliamentarian, across both houses.Mr. Jaswant Singh is the only Member of
Parliament to have simultaneously held the portfolios of the Minister of External Affairs and the Minister of Defence.
Bill Gates is World's richest Billionaire in annual list of Forbes:
Microsoft Co-founder Bill Gates was back on top as the world's richest person. In Forbes 28th annual ranking which was released on 3rd March 2014 he was again on Top after four years.
Important to note :Gates has topped the list for 15 of the last 20 years. With a net worth of $76 billion, up from $67 billion in 2013, Gates moved up on top.WhatsApp founders Jan Koum and
Brian Acton join the ranks of Silicon Valley's wealthiest for the first time. Mukesh Amabani with a net worth of 18.6 billion dollars is richest in India.
Govt gives NSF status to Hockey India:
Ministry of Youth Affairs and Sports on 3rd March 2014 declared Hockey India as the sole body responsible towards promoting the sport in India. With this Hockey India has been accorded
with the status of a National Sports Federation (NSF) for governing the sport of hockey (both men and women) in India.As per the release of Union Sports Ministry, "Hockey India has been
made responsible and accountable for the overall management, direction, regulation, control, promotion and development of the sports discipline".
Important to note : To be recognised as a National Sports Federation any institution or body needs to be recognised by its international body. Hockey India recognition was mandatory by
International Hockey Federation (FIH), as well as the Indian Olympic Association which it has fulfilled both these criterias, since 2009.
5th March 2014
a) South African cricket team Captain Graeme Smith announced retirement
b) R. Neelakantan appointed as CFO by SpiceJet
c) Lok Sabha elections to be held in 9 phases from 7 April 2014 - 12 May 2014
d) Post Office's hiked interest rate Fixed deposits by 0.2%
e) Myanmar hosted third BIMSTEC summit 2014
f) Sheila Dikshit appointed as the new Governor of Kerala
g) Assam observed Child Protection Day
h) Laxmi won International Women of Courage Award
South African cricket team Captain Graeme Smith announced retirement:
South African cricket team captain Graeme Smith announced that he will retire from international cricket at the end of the test match against Australia at Newlands. He announced it on 4th
March 2014.
Important to note : Graeme Smith is the longest serving captain for South Africa in international cricket. Till date Graeme Smith has played 197 one-day international matches, 33 T20
international matches and 117 test matchesGraeme Smith made his test debut in March 2002 against Australia in Cape Town.
R. Neelakantan appointed as CFO by SpiceJet:
SpiceJet Ltd, second largest low-cost carrier, appointed R Neelakantan as its chief financial officer (CFO) on 4th March 2014. R Neelakantan will be replacing Sam Isaac.
Important to note : R Neelakantan had served as CFO from November 2010 to February 2013 in SpiceJet Ltd so he is returning to the role after serving as the internal audit head at the parent
Sun Group.
SpiceJet Ltd also made other appointements :
Shilpa Bhatia as senior VP for sales and distribution,
Sudhakar Kondisetty as senior VP of information technology,
Fares Azeem Kilpady as VP and head of revenue management,
Anurag Jain as senior VP network planning and strategy development.
Lok Sabha elections to be held in 9 phases from 7 April 2014 - 12 May 2014:
The Election Commission of India announced the schedule for the 2014 Lok Sabha elections on 5th March 2014.The Election Commission said that elections will be held in nine phases
from April 7, 2014 to May 12, 2014.With this announcement the Model Code of Conduct has come into force with immediate effect.
Important Dates of Lok Sabha Elections 2014 :
First Phase on 7 April 2014 - will cover five Lok Sabha constituencies in Assam and one in Tripura
Second Phase on 9 April 2014 - will cover seven constituencies spread over Arunachal Pradesh, Manipur, Meghalaya, Mizoram and Nagaland
Third Phase on 10 April 2014 - will cover 92 constituencies of 14 states including Bihar, Uttar Pradesh, Haryana, Kerala, Odisha, Madhya Pradesh and Maharashtra
Fourth Phase on 12 April 2014 will cover five constituencies in three states including Assam will be covered
Fifth Phase on 17 April 2014 will cover 122 Lok Sabha seats of 13 states namely Karnataka, Rajasthan, Maharashtra, Madhya Pradesh, Uttar Pradesh, Odisha and Bihar
Sixth Phase on 24 April 2014 will cover 117 seats in 12 states namely including Assam, Chhattisgarh, Tamil Nadu, Maharashtra, Madhya Pradesh, West Bengal and Uttar Pradesh
Seventh Phase 30 April 2014 will cover 89 constituencies spread over nine states including Andhra Pradesh, Gujarat, Punjab, Uttar Pradesh and West Bengal
Eighth Phase on 7 May 2014 will cover 64 seats in states including Bihar, Himachal Pradesh, Uttar Pradesh, Uttrakhand and West Bengal
Ninth Phase and end of the polls on 12 May 2014 will cover 41 constituencies in Chhattisgarh, Uttar Pradesh and West Bengal
Important to note : Counting will happen on 16 May 2014.These will be the 16th Lok Sabha elections of the country.
Post Office's hiked interest rate Fixed deposits by 0.2%:
Government of India on 4th March 2014 hiked the interest rates on fixed deposit scheme that is offered by post offices by up to 0.2 percent. These new interest rates will be effective from
1st April 2014 onwards.
After this hike :
Return on 1 to 2 years deposit hiked by 20 basis points from 8.2 percent to 8.4 percent
Return on 3-year maturities hiked from 8.3 percent to 8.4 percent
Return on for 5-year deposits - it has been raised to 8.5 percent
Myanmar hosted third BIMSTEC summit 2014:
Third BIMSTEC summit hosted by Myanmar concluded on 4th March 2014 in Nay Pyi Taw, Myanmar.
The Third BIMSTEC summit was attended by the heads from six countries and Special Envoy of the Prime Minister of Thailand, namely
Prime Minister of India - Manmohan Singh,
Prime Minister of Bangladesh - Sheikh Hasina,
Prime Minister of Nepal - Sushil Koirala,
President of Sri Lanka - Mahinda Rajapaksa,
Prime Minister of Bhutan - Tshering Tobgay,
President of Myanmar - Thein Sein
Following three pacts were signed :
Memorandum of Association on the Establishment of the BIMSTEC Permanent Secretariat.
Memorandum of Understanding on the Establishment of the BIMSTEC Cultural Industries Commission (BCIC) and BIMSTEC Cultural Industries Observatory (BCIO).
Memorandum of Association among BIMSTEC Member Countries Concerning Establishment of a BIMSTEC Centre for Weather and Climate.
Important to note :
Full form of BIMSTEC : Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
Sheila Dikshit appointed as the new Governor of Kerala
Former cheif minister of Delhi, Sheila Dikshit was appointed as Governor of Kerala on 4th March 2014. She has become 22nd Governor of Kerala. She will succeed Nikhil Kumar, a
former Delhi Police Commissioner who took over as the governor of Kerala in March 2013. Nikhil Kumar had given resignation to the President of India that has been accepted.
Important to note : Sheila Dikshit served as three times Delhi's chief minister from 1998 to 2013.
Assam observed Child Protection Day
Assam became the first state in the country to observe Child Protection Day on 4th March 2014. A central function was organized with the support of Assam State Commission for Protection
of Child Rights (ASCPCR) in collaboration with United Nations Childrens Fund (UNICEF).
Laxmi won International Women of Courage Award
Indian acid attack victim Laxmi was honoured with prestigious International Women of Courage Award on 4th March 2014. She received this prestigious award at the State Department
ceremony in Washington by first lady of US Michelle Obama. She got this award as she has fought hard to end acid attacks and also fighting legal cases for same.
Other than Laxmi, other awardess are :
Nasrin Oryakhil of Afghanistan,
Roshika Deo of Fiji,
Bishop Rusudan Gotsiridze of Georgia,
Iris Yassmin Barrios Aguilar of Guatemala,
Fatimata Toure of Mali,
Maha Al Muneef of Saudi Arabia,
Oinikhol Bobonazarova of Tajikistan,
Ruslana Lyzhychko of Ukraine and
Beatrice Mtetwa and Zimbabwe.
6th March 2014
a) Indo-Nepal joint military exercise underway at Sailahandi
b) 64th National Basketball Championship concluded in New Delhi
c) NDMC announces special health scheme for women
d) National Cycling Academy inaugurated in New Delhi
e) In Quarter 3 of 2013-14 - Current Account Deficit declined to 0.9 percent of GDP
Indo-Nepal joint military exercise underway at Sailahandi
India and Nepal on 6 March 2014 started a joint military exercise which will end on 18 March 2014. This Indo-Nepal joint military exercise at Saljhandi in Rupandehi district of Nepal.Nepal
Army Major General Victor SJB Rana inaugurated this two week exercise. This exercise is named as Ex-Surya Kiran Drills VI.this excerise includes 250 personnel from Indian Army and 200
personnel from Nepal Army.
Important to note:The joint training between the armies of the two countries started following an agreement reached during the 7th India-Nepal Bilateral Consultative Group on Security in
2011.
64th National Basketball Championship concluded in New Delhi
Delhi hosted 64th National Basketball Championship. This championship concluded on 5th March 2014 at the Thyagaraj Indoor Stadium in New Delhi. The winners received one lakh
rupees, while the first and second runners-up received 75000 rupees and 50000 rupees respectively.
Harish Sharma Most Valuable Player Award :
Rikin Pethani of Tamil Nadu and Kavita Kumari of Chhattisgarh were awarded the Harish Sharma Most Valuable Player Award.
Important to note : Chhattishgarh emerged as winner of women's title beating Indian Railways 81-77.Tamil Nadu emerged as winner of men's title as they defeated Punjab 74-57 to win the
this title.
NDMC announces special health scheme for women:
New Health scheme named "Stri Swasthya Suraksha Yojna" was launched by North Delhi Municipal Corporation (NDMC) for women. This scheme was launchedon 6th March 2014. The
Scheme aims to bring services closer for those living in rural areas and unauthorized colonies.
Various health camps and mass awareness drives will be held under this scheme in various areas of North Delhi. Medical services will be provided through various hospitals, nodal centres and
mobile dispensaries marked for this scheme.
National Cycling Academy inaugurated in New Delhi
Union Minister of Youth Affairs and Sports Mr. Jitendra Singh inaugurated the Sports Authority of India National Cycling Academy (SAI NCA) at Indira Gandhi Sports Complex, New
Delhi on 5th March 2014.
The academy with complete back-up facilities has been set up following the decision taken in the 42nd meeting of the Governing Body of SAI. The academy would be financed by the
government initially, ultimately becoming self-sustaining in the long run.
The academy would cater to the identification and nurturing of talent at both sub-junior and junior levels and to the training of elite athletes for international/national competitions.
Apart from above said inauguration, the Youth Affairs and Sports Minister also launched a project to create swimming pools at three stadiums in the New Delhi, namely
Jawaharlal Nehru Stadium (JNS)
Indira Gandhi Sports Complex (IGSC)
Dr Karni Singh Shooting Range
Project of creating swimming polls is having an estimated cose of 907.50 Lakhs.
In Quarter 3 of 2013-14 - Current Account Deficit declined to 0.9 percent of GDP
A Report on Developments in Indias Balance of Payments released by Reserve Bank of India (RBI) on 5th March 2014. As per this report Current Account Deficit (CAD) reached to its lowest
in the past eight years.
In Quarter 3 (Oct-Dec) of 2013-2014 Current Account Deficit (CAD) declined to 0.9 Percent of Gorss Domestic Product (GDP).
What is Current Account Deficit (CAD) ? :
Current Account Deficit (CAD) is a measurement of a countrys trade in which the value of goods and services it imports exceeds the value of goods and services it exports.
7th March 2014
a) China to extend Tibet rail to town near Nepal border
b) Crimea Voted to become a part of the Russian Federation
c) China to increase its Military Budget by 12.2%
d) Priyadarshi Mohapatra appointed as Managing Director for India and SAARC by Avaya
e) Indian-American Scientist Anil Jain developed First 3D model of human fingerprint known as Phantom
China to extend Tibet rail to town near Nepal border
China announced on 6 March 2014 to extend the Qinghai-Tibet railway line to Xigaze in Tibet. Xigaze is hometown of Panchen Lama. The proposed extension is the worlds highest railway
line. The 253-km Lhasa-Xigaze railway line will be open before October 2014. It will run at 120 km per hour through valleys and over three bridges that run across the Brahmaputra River or
Yarlung Zangbo as it is known in China. China has also proposed extending the line from Shigatse to the border with Nepal. Through this extension China aimed to meet both political and
military goals.
Important to note : The Xigaze region borders India's Sikkim, Nepal and Bhutan. The new extension line will make it easier for the China to carry men and machinery to the Indian border at
short notice.
Crimea Voted to become a part of the Russian Federation
Authorities in Crimea voted to accelerate secession from Ukraine and unanimously backed a law that declared the territory to be part of the Russian Federation on 6 March 2014. The cabinet
had decided to take the decision by referendum in 10 days. MPs of Crimea had voted by 78 votes to nil for the territory to leave Ukraine. A referendum on more autonomy for the region due on
30 March 2014 was brought forward to 16 March 2014. Now the residents had the option to unify the Black Sea peninsula with Russia.
Important to note : The Autonomous Republic of Crimea is an autonomous parliamentary republic within Ukraine and is governed by the Constitution of Crimea in accordance with the laws
of Ukraine.
China to increase its Military Budget by 12.2%
China announced on 5th March 2014, its biggest hike of 12.2 percent in defence budget. The hike of 12.2 percent will make the Chinese government spend 808.2 billion Yuan or 130 billion US
dollar in 2014-15 on defence. This is the biggest increase in three years.
Important to note : India in its Interim Union Budget 2014-15 allocated 224000 crore rupees or 37.15 billion dollar for the national defence. The allocation represents 9.98 percent increase
over the 2013-14 defence budget.
Priyadarshi Mohapatra appointed as Managing Director for India and SAARC by Avaya
Avaya has appointed Priyadarshi Mohapatra as its Managing Director (MD) for India and SAARC operations. He will be responsible for providing strategic direction to the India operations,
managing India business priorities, and enhancing Avaya's position as a leading business communications company.
About Priyadarshi Mohapatra : Mohapatra had join Avaya from SAP. He had joined SAP in 2008 and had held various leadership positions. Before SAP, Priyadarshi had worked for retail
practice for Sun Microsystems in India and previously co-founded, Oyzterbay, a venture capital funded jewellery chain.
Indian-American Scientist Anil Jain developed First 3D model of human fingerprint known as Phantom
On 6th March 2014, Indian-American scientist Anil Jain developed the first 3D model of a human fingerprint called Phantom. The development could boost the accuracy of fingerprint-
matching systems and improve security technology.
About Anil Jain : Anil Jain is an alumnus of IIT Kanpur and at present is the lead computer scientist & Distinguished Professor at Michigan State University. He has six US patents on
fingerprint matching and has written a number of books on biometrics and fingerprint/facial recognition.
Important to note :
This direction was given following the PIL as the trial of these lawmakers is pending for years and this delay in framing charges allows them to enjoy membership of the legislative body
although they have been charged in different offences.
New Zealand to hold referendum on changing the National Flag
Among the important international current affairs, Prime Minister of New Zealand, John Key on 10th March 2014 announced the plan to hold a referendum on changing the National Flag by
2017.
The decision to hold referendum on changing National Flag was taken in lieu of many citizens feeling that it is a relic from the colonial past.
Important to note :
The current flag depict the Southern Cross star constellation and includes Britain's Union Jack in the top left corner.
Sheila Dikshit took oath as Kerala Governor
Former Chief Minister of Delhi, Sheila Dikshit took oath as the Governor of Kerala in Thiruvananthapuram on 11th March 2014, which among important current affairs. The oath was
administered to her by the Kerala High Courts Chief Justice Dr Manjula Chellur.
She was appointed at the post of the state's governor on 4th March 2014. She has succeeded Nikhil Kumar. Her appointment to the post came following resignation of Nikhil Kumar.
Heena Sidhu and Chain Singh bagged Gold at 7th Asian Air Gun Championship
There is a good news in sports current affairs for India as Shooters Heena Sidhu and Chain Singh have clinched gold medals in 7th Asian Air Gun Championship, Kuwait.
Important to note :
At present Heena is the world record holder in finals with a score of 203.8 at ISSF World Cup in Munich, Germany in 2013.
Heena Sidhu is the third Indian shooter after Anjali Bhagwat and Gagan Narang to win in the Rifle World Cup Finals in 2013.
World's largest aircraft unveiled
World Longest aircraft Airlander or HAV304 was unveiled at Cardington in Bedfordshire, Britain in the first week of March, which is a noticable news among International Current Affairs.
Important to note :
Aircraft Airlander has been manufactured by the Hybrid Air Vehicles Ltd (HAV).
The aircraft is 302 feet long and is a hybrid aircraft.
The airship is capable of flying non-stop for three weeks without refuelling and will travel across the difficult terrain throughout the world as well as deliver aid to risky areas.
The low carbon ship is about 70 per cent more environmentally friendly than a cargo plane as it is filled with inert helium.
It is capable to transport up to 50 tonnes of freight and passengers.
12th March 2014
a) Michelle Bachelet sworn-in as President of Chile
b) Former SC Judge Srikrishna appointed as Chairman of FPSB
c) India's exports contracted 3.67 percent in February 2014
d) India and United States Energy Dialogue held in New Delhi
e) European Commission announced loan worth 11 billion euro to Ukraine
Michelle Bachelet sworn-in as President of Chile
Michelle Bachelet was sworn-in as the President of Chile on 11th March 2014 in Valparaiso. Which is among major international current affairs news. Michelle Bachelet is 62 years old. She
succeeded the conservative President Sebastian Pinera.
In the Presidential election conducted in December 2013, Michelle won 62 percent of the vote in the second round against the 38 percent vote won by the conservative leader Evelyn Matthei.
Former SC Judge Srikrishna appointed as Chairman of FPSB
Justice (Retd.) BN Srikrishna was appointed as the Chairman of Financial Planning Standards Board India (FPSB) on 11th March 2014.
He will succeed Dhirendra Swarup. Justice (Retd.) BN Srikrishna is a retired judge of Supreme Court and has served as the Chief Justice of Kerala High Court.
He has also served as the Chairman of the Financial Sector Legislative Reforms Commission (FSLRC) set up in March 2011 by the Union Ministry of Finance. He also headed the Sixth Central
Pay Commission set up by the Union Government on 5 October 2006.
India's exports contracted 3.67 percent in February 2014
In February 2014 Indias exports have contracted by 3.67 percent to 25.7 billion dollars (159858.16 crore rupees). This contraction is the first in past eight months. Imports of the country also
have fell by 17.09 percent to 33.8 billion dollars (210451.11 crore rupees) during the month. This fall in imports and exports has resulted in narrowing the trade deficit to a dive-month low of
8.1 billion dollars.
Important to note :
The trade deficit during April-February 2013-14 was estimated at 128086.26 million US dollars, which was lower than the deficit of 179929.64 million US dollar during April-February 2012-
13.
India and United States Energy Dialogue held in New Delhi
From 5th March 2014 to 11th March 2014 India and United States Energy dialogue was held in New Delhi. This was co-chaired by Dr. Montek Singh Ahluwalia, Deputy Chairman of the
Planning Commission, and Dr. Ernest Moniz, Secretary, U.S. Department of Energy.
At the India-US Energy Dialogue India and United States agreed to promote scientific cooperation, research & development for greater technological innovation and for deployment of
environmentally friendly technologies and products.
European Commission announced loan worth 11 billion euro to Ukraine
In another international current affair, European Commission announced 11 billion euro package of loans and grants for Ukraine on 12th March 2014. The assistance is aimed to put economy of
Ukraine back on track.
The assistance will be discussed by European Union leaders at a summit in Brussels on 13 March 2014, and requires widespread reforms by the new Ukrainian government and the signing of a
deal between Ukraine and the International Monetary Fund.
March 13
a) IPL 2014 to be held in three countires - UAE, Bangladesh and India
b) NALCO appointed Soma Mondal as director
c) Nagaland and Assam first states to be issued with Plastic Photo Identity Cards
d) 4.4 billion dollar deal inked between Spice jet and Boeing
e) World Kidney Day observed on 13th March
f) CBI probe ordered by IRDA for ICICI Lombard alleged fraud in Government Schemes
IPL 2014 to be held in three countires - UAE, Bangladesh and India
As per a release from BCCI on 12th March 2014, IPL tournament will be held in three countries - United Arab Emirates (UAE), Bangladesh and India from 16th April 2014 to 1st
June 2014. So IPL 2014 will be played in three phases accordingly.
Decision for matches outside India was taken due to polls in India. In India mathes and playoffs will be played from 13th May 2014 to 1st June 2014, so cricket fans can buy IPL
tickets accordingly, although no matches will be conducted on the day of counting of the polls on 16 May 2014.
Important to note :
Do you know who is chairman on IPL ?
Answer : Ranjib Biswal.
NALCO appointed Soma Mondal as director
Navratna Public Sector Unit (PSU) National Aluminium Company Ltd (NALCO) got a new director (commercial) - Soma Mondal. Soma Mondal is first woman director of NALCO.
She was appointed as director of NALCO on 12th March 2014. Soma Mondal joined Nalco in 1984 as a Graduate Engineer Trainee.
Important to note :
National Aluminium Company Ltd. (Nalco) is a public sector enterprise of the Government of India. It was incorporated in 1981 to exploit a part of the large deposits of bauxite
discovered in the East Coast.
Nagaland and Assam first states to be issued with Plastic Photo Identity Cards
Nagaland and Assam became the first two states to be issued with Plastic Photo Identity Card for elections in India. Deputy Election commissioner Sudhir Tripathi in Kohima
announced this on 12th March 2014.
The voters of Nagaland and Assam will be using the cards for the first time in the upcoming Lok Sabha elections. The Election commission decided to provide plastic Electors Photo
Identity Card (EPIC) instead of laminated paper card to voters in India to avoid duplication and forgery.
4.4 billion dollar deal inked between Spice jet and Boeing
At the inauguration of India Aviation 2014 in Hyderabad, Spice Jet and Boeing Company signed a deal worth 4.4 billion dollar which in terms of rupees is 26000 Crore.
The Spice Jet placed the order for 42 Next Generation 737 MAX8 aircraft and the aircrafts will be delivered in 2018. The 737 MAX8 (737-800) is 14 percent more fuel efficient
compared with its 737 planes. 737 MAX8 has pleasing effect, bigger wings and new engine.
World Kidney Day observed on 13th March
World Kidney Day was observed across globe on 13th March 2014.
Important to note :
The first World Kidney Day started in 2006. It is a joint initiative of the International Society of Nephrology (ISN) and the International Federation of Kidney Foundations (IFKF).
CBI probe ordered by IRDA for ICICI Lombard alleged fraud in Government Schemes
The IRDA on 12th March 2014 ordered a CBI probe into alleged fraud in government-sponsored insurance schemes. The schemes were sponsored by ICICI Lombard Insurance which
was meant for the poor.