Sunday, November 9, 2008

Let us have a look at few important books that were in news

Animal's People- A book based on Bhopal Gas tragedy by Indian origin writter. The book was in news after it was named this year's best book in Europe and South Asia by Commonwealth.

Canada's Lawrence Hill won the top Commomwealth Writter's Prize for "The book of Negroes".

'A Golden Age' is a book written by Tahmima Anam bagged theaward for the best book in fiction category.

"India's Century"- A book written by Kamal Nath

'True Colours' is the name of book recently in news written by Adam Gilchrist.

Recently Manu script of Rig-Veda is included in the UNESCO"s Memory of World Register.

There are 18 High Courts in the country, three having jurisdiction over more than one state. Bombay High Court has the jurisdiction over Maharashtra, Goa, Dadra and Nagar Haveli and Daman and Diu. Guwahati High Court, which was earlier known as Assam High Court, has the jurisdiction over Assam, Manipur, Meghalaya, Nagaland, Tripura, Mizoram and Arunachal Pradesh. Punjab and Haryana High Court has the jurisdiction over Punjab, Haryana and Chandigarh

Saturday, November 8, 2008

The Questions the interview Board of Allahabad Bank asked me were

Introduce Yourself?

Since I am an agriculture graduate they asked me following agriculture based Questions

What is the role of Agriculture in Indian Economy?

what are the benefits of 60,000 Crore debt waiver scheme announced by Govt.

How can you help banking sector?

What is Bio Diesel?

Who is the Current agriculture Minister?

What do you understand by CRR?

Govt. is doing so much for agriculture yet the agriculture sector of teh country is poor. Why

Some other questions they asked were

What is your hobby?

What is the profession of your Father?

Wednesday, November 5, 2008

Recently Dumping was in news and World Trade organisation showed it concern over it what is 'Dumping'? well, Dumping’ refers to the act of transferring products from one country to another and selling it at a price, which is much below the selling price or cost of production of the home country. so the home country production gets affected and business community gets dissatisfied. this creates panic as this is not allowed by law in most of the countries.According to WTO (World Trade Organization), the first half of the current year witnessed a considerable increase in the instances of dumping and products being transferred across borders at unfair prices. The ‘number of investigations’ has jumped from 61 (in the first six months of last year) to 85 (in the present year) i.e. a 39% hike. Majority of the cases of introspections were related to dumping. Further study showed that 21 were from base metal sector, 20 from textiles and 10 from chemicals. Going by the nations, Turkey topped the list with recording 13 such scrutiny instances. The other countries are Argentina, India, United States and European nations like Australia, Brazil and Colombia.

Tuesday, November 4, 2008

Countries that make up G-8, Germany, Japan, United States, Britain, Italy, Russia, Canada and France are to hold a meeting in near future. This would be to devise measures to handle the chaos occurring on the Financial front. The meet is most likely to take place in November. Among the recommenders of the meeting were Angela Merkel, the German Chancellor and Nicolar Sarkozy, French President. British prime Minister, Gordon Brown emphasized that not only the developed nations be discussed in it, but also the emerging economies like China and India be given a thought. The leaders echoed that they all stood united to boost up the confidence of financial institutions and bring the countries out of this tough time. The meet aims at both correcting the current shortcomings and formulating strategies so as to avert any similar happening again, ever. The root cause of the present troubles is thought to be the investments in U.S. as subprime mortgages. So, steps to not let it repeat itself are to be framed in the discussion.

McLaren's Lewis Hamilton earned the 2008 Formula One World Championship with a fifth-place finish at Autodromo Jose Carlos Pace at Interlagos Hamilton, 23, becomes the youngest driver to win a World Championship in F1 history.

The International Monetary Fund Chief - Dominique Strauss Kahn
RBI Deputy Governor - V leeladhar
The CEO of the Two British Brands Jaguar and Land Rover appointed by Tata Motors - David Smith
The Intel Corporation Chairman - Craig Barrett

Sunday, November 2, 2008

BSNL has reduced ISD tariff to some of the Saarc nations like Bangladesh, Bhutan, Maldives and Pakistan from mobile as well as fixed line phones.A BSNL official said the decision for selective ISD rate cut is based on traffic elasticity. From BSNL cell, under the Postpaid Plan 725, calls to Bangladesh, Bhutan, Maldives and Pakistan would cost Rs 9 per minute instead of the existing Rs 10, and from other post-paid plans and prepaid ones, call charges would be Rs 9 per minute instead of Rs 12. The drop in charges are in the range of 11-33%. For BSNL fixed line users, call charges to these four countries would now be Rs 9.60 paise per minute for a 7.5 second pulse

Saturday, November 1, 2008

Duvvuri Subbarao is the new Governor of the Reserve Bank of India.

N. Rangaswamy is the new Chief Minister of Puducherry.

Rajasthan got the Today Travel Platinum Award 2008.Classical Singer Pandit Bhimsen Joshi was awarded the Swami Haridas Memorial Award. The renowned singer will be given Rs. 1 lakh.

Fidel Castro got the third Ubuntu Award.

Taro Aso is the new Prime Minister of Japan.

German Chancellor Angela Markel has topped the Forbes Power Women List.

Right to education Bill was cleared by the Union Cabinet on 29th of October 2008
And it is slated to be introduced in Parliament in December.
Right to Education Bill seeks to make free & compulsory education a fundamental right Aims at setting minimum standards for both public and private schools Prescribes pupil-teacher ratio of 40:1 Makes it compulsory for all private schools to reserve 25% of seats for poor neighbourhood children

The Right to Education Bill, make education a fundamental right for every child in the 6-14 age group, was cleared by the Union Cabinet on Thursday. It’s slated to be introduced in Parliament in December. If passed, one of the longest awaited political promises would be honoured.
Education as right to cost Rs 12000 crore a year. The cost will be divided between Centre and the States. The proportions are yet to be worked out.