August Current Affairs PartI

Q1)What is the major impact of devaluing of the currency ?
Ans:Exports Increase more than imports.

Q2) Which Sportsperson wrote recently wrote book name "Playing to Win"?
Ans Saina Nehwal.

Q3) Whats the Maximum and minimum limit on CRR?
Ans: There is no upper and no lower ceiling on CRR.

Q4) Whats the Maximum and minimum limit on SLR?
Ans: There is no lower ceiling and can be raised up to 40%.

Q5)How much interest does Banks gets on CRR reserves?
Ans: Zero percent .

Q6)Name the scheme started by Jammu and kashmir government for upliftment and empowerment of Women's?
Ans Ummeed

Q7 Which country became the first European and NATO Member country to make militry service obligatory for males as well as females?
Ans: Norway .

Q8 Under which act GOI gave RBI wide discretionary powers of supervision and control over commercial and cooperative banks?
Ans: RBI act 1934 and Banking regulation act 1949.

Q9 Name the credit rating agencys of India??
Ans a) CRISIL
       b) ICRA
       c) CARE
       d) ONICRA
       e) FITCH
       f) SMERA

Q10) which element contributed maximum to the Forex Reserve?
Ans Forex Currency Asset contributed maximum to the Forex reserves.

 August Current Affairs PartII

World Organizations and their Headquarters.

South Asian Association for Regional Cooperation (SAARC)
HQ–Kathmandu, Nepal.
members(8)-AFGHANISTAN,INDIA,NEPAL,MALDIVES,PAKISTAN,BANGLADESH,SRILANKA,BHUTAN
18TH SUMMIT KATHMANDU,NEPAL(2013)

Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)
members(7)-
BANGLADESH,SRILANKA,BHUTAN,INDIA,THAILAND,MYANMAR,NEPALThe 3rd BIMSTEC Summit meeting is expected to be held in Myanmar during this year

Association of Southeast Asian Nations(ASEAN) HQ-Jakarta,Indonesia
members(10)-Indonesia, Malaysia, Phillippines, Singapore,Vietnam,Brunei,Laos,Myanmar,Cambodia,Thailand 21st ASEAN summit held at Phenom Penh(Cambodia)

Shanghai Cooperation Organisation(SCO)
HQ–Beijing, China.
members(6)-RUSSIA,CHINA,KAZAKHSTAN,KYRGHIZTAN,TAJIKISTAN,UZBEKISTAN 13TH SUMMIT WILL BE HELD at BISHKEK(KYRGHIZTAN) in sep ,2013

Gulf Cooperation Council(GCC) HQ-RIYADH(SAUDI ARABIA)
members(6)-BAHRAIN,KUWAIT,OMAN,SAUDI ARABIA,UAE,QATAR
Indian Ocean Rim-Association for Regional Cooperation (IOR-ARC) : HQ–Mauritius
18 members


Asia-Pacific Economic Cooperation (APEC) : HQ–Singapore. The Asia-Pacific Economic Cooperation (APEC) is an economic forum for a group of Pacific Rim countries to discuss matters on regional economy, cooperation, trade and investment. The current membership of APEC consists of 21 members,

Organisation of the Islamic Conference (OIC) : HQ–Jeddah, Saudi Arabia.members(57)


World Bank Group consists of:
The International Bank for Reconstruction and Development (IBRD), established in 1945, which provides debt financing on the basis of sovereign guarantees;
The International Finance Corporation (IFC), established in 1956, which provides various forms of financing without sovereign guarantees, primarily to the private sector;
The International Development Association (IDA), established in 1960, which provides concessional financing (interest-free loans or grants), usually with sovereign guarantees;
The Multilateral Investment Guarantee Agency (MIGA), established in 1988, which provides insurance against certain types of risk, including political risk, primarily to the private sector; and
The International Centre for Settlement of Investment Disputes (ICSID), established in 1966, which works with governments to reduce investment risk.


World Health Organisation (WHO) : HQ-Geneva, Switzerland
International Atomic Energy Agency (IAEA) : HQ-Vienna, Austria.
International Telecommunication Union (ITU) : HQ–Paris, France.
International Maritime Organisation (IMO) : HQ–London
International Court of Justice (ICJ) : HQ-The Hague,The Netherlands
International Criminal Court (ICC) : HQ–The Hague, The Netherlands
United Nations Children's Fund (UNICEF) : HQ–New York City
United Nations Conference on Trade and Development (UNCTAD) : HQ–Geneva, Switzerland
United Nations Environment Programme (UNEP) : HQ–Gigiri, Nairobi, Kenya
World Intellectual Property Organisation (WIPO) : HQ–Geneva, Switzerland.
World Trade Organisation (WTO) : HQ–Geneva, Switzerland.
Asian Development Bank (ADB) : HQ–Manila, Philippines

Governor and Directors of RBI

Names and addresses of the Directors of the Central Board of the Reserve Bank of India
1.	Dr. Raghuram Rajan Governor Reserve Bank of India Central Office Mumbai 400 001.	@11.	Shri Azim Premji Chairman, WIPRO Limited Doddakannelli, Sarjapur Road, Bangalore – 560033
2.	Dr. K.C. Chakrabarty Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@12	Prof. Dipankar Gupta 1 Palam Marg (Annexe) Vasant Vihar New Delhi 110 057
3.	Shri Anand Sinha Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@13.	Shri G.M. Rao Chairman, GMR Group IBC Knowledge Park, Phase 2 "D" Block, 9th Floor 4/1, Bannerghatta Road Bangalore - 560 029
4.	Shri H.R. Khan Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@14.	Ms. Ela Bhatt Self Employed Women's Association SEWA Reception Centre, Opp. Victoria Garden, Bhadra Ahmedabad - 380 001
5.	Dr. Urjit R. Patel Vasant Vihar, First Floor, 85, Napean Sea Road, Mumbai - 400 006	@15.	Dr. Indira Rajaraman Retired  Professor of Economics B-2 /2395, Greenglade Apartments Vasant Kunj New Delhi - 110 018
*6.	Dr. Anil Kakodkar Flat no. 1104 Bldg. No.5 Accolade Co-op Housing Society Hajuri Dargah Road, Behind LIC, Thane (W) 400 604	@16.	Shri Y.C. Deveshwar Flat 10 Fountain Court 7/1 Little Russell Street Kolkata-700071
*7.	Shri Kiran Karnik S - 315, Panchsheel Park New Delhi: 110 017	@17.	Prof. Damodar Acharya Directors’ Bungalow IIT Kharagpur Campus Kharagpur 721 302
*8.	Prof M.V. Rajeev Gowda 1361, 9th Cross JP Nagar I Phase Bangalore 560078	#18.	Shri Rajiv Takru Secretary (DFS) Ministry of Finance Government of India New Delhi – 110 001
*9.	Dr Nachiket M. Mor 10th Floor, Phase 1 IIT-Madras Research Park Kanagam Village Taramani Chennai – 600 113	#19.	Shri Arvind Mayaram Secretary Department of Economic Affairs Ministry of Finance New Delhi
@10.	Shri Y.H. Malegam Chartered Accountant C/o S. B. Billimoria & Company Meher Chambers (2nd floor) R. Kamani Road, Ballard Estate Mumbai 400 001