August 2014 Complete Current Affairs - including Banking and Finance

AUGUST-2014 Complete Current Affairs
AUGUST-2014 Complete Current Affairs – Including Banking and Finance
1. What is the GDP growth rate of India during the first quarter (April-June) of 2014-15
according to the data released by the Central Statistics Office (CSO), which is the best growth
rate in around ten quarters?
Ans. 5.7%
2. Prof. Bipan Chandra, who passed away on 30 August 2014, who was a famous ________?
Ans. Historian
Note: He was one of among 2010 PadhmaBhushan Winners who born in Himachal Pradesh.
He wrote several authentic books on modern Indian history including
 ‘The Rise and Growth of Economic Nationalism’,
 ‘In the Name of Democracy: The JP Movement and the Emergency’,
 ‘Nationalism and Colonialism in Modern India’ and
 ‘The Making of Modern India: From Marx to Gandhi’.
3. Narendra Modi arrived at which country on 30 August 2014 on his first bilateral foreign visit
outside South Asia after becoming Prime Minister?
Ans. Japan
Note: Prime Minister Narendra Modi
21st - World Badminton Championships 2014
arrived at Tokyo on his five-day official
visit to Japan. The two countries Modi
visited before Japan are Bhutan and
Nepal. This Japan visit is expected to
boost bilateral relations in several key
fields such as defence, civil nuclear and
infrastructure besides commerce.
 Host City – Copenhagen, Denmark.
 Men's Singles Champion - Chen Long (China)
 Men's Singles Runner Up - Lee Chong Wei
(Malaysia)
 Men's Singles 2nd Runners Up - Viktor Axelsen
(Denmark), Tommy Sugiarto (Indonesia)
 Women's Singles - Carolina Marín (Spain)
 Women's Singles Runner Up - Carolina Marín
(Spain)
 Women's Singles 2nd Runners Up - Minatsu
Mitani (Japan), P V Sindhu (India)
4. During his visit to Japan, Prime
Minister Narendra Modi signed a deal to
convert which Indian city into a 'smart
heritage city' on the Kyoto model ?
Ans. Varanasi
Note: There are a few similarities between Kyoto and Varanasi. Varanasi is also called the
temple town owing to the many temples and ghats that decorate the city. Meanwhile, Kyoto
is called the city of 10,000 shrines (holy or sacred place).
5. First Indian to clinch two medals at the World Badminton Championships?
Ans. P.V. Sindhu
Note: She won bronze medal in women’s singles event at the recently held World Badminton
Championships at Copenhagen and also clinched the bronze last year in Guangzhou.
Letz Talk => A Complete Current Affairs Solution [www.facebook.com/4krrish]

6. The city of Chennai celebrated its landmark anniversary during August 2014. What landmark
anniversary is this?
Ans. 375th
Note: The city was established on 22 August 1639 as on this date the East India Company
acquired a small piece of land from the king of Chandragiri (Peda Venkata Raya) for
establishing Fort St. George. This event laid the foundation of the modern city of Madras.
7) Union Ministry of Human Resource Development (HRD) on 3 August 2014 set up a four
member committee to review the present status of Universities Grants Commission’s (UGC).
Who will head the committee?
Ans. Hari Gautam, the former UGC chairman.
8) Prasar Bharati, India’s Public Service Broadcaster on 5 August 2014 signed a Memorandum of
Understanding (MoU) with ....... for distribution of Doordarshan’s overseas India channel, DD
India on a DTH platform?
Ans. Deutsche Welle, the German public service broadcaster.
9) Union cabinet on 6 August 2014 approved the Juvenile Justice (Care and Protection of
Children) Bill, 2014 to amend which act?
Ans. Juvenile Justice (JJ) Act, 2000
10) A book Strictly Personal, Manmohan and Gursharan published on 5 August 2014 was
authored by?
Ans. Daman Singh
Note: Book is the untold story of Manmohan Singh, India’s thirteenth Prime Minister, and his
wife.
11) Name the Spanish midfielder who on 5 August 2014 announced his retirement from
International football?
Ans. Xavi Hernandez
12) Indian cricket team on 7 August 2014 equaled the world record of maximum number of 6
ducks (zero runs) in a Test innings playing against which country?
Ans. England
13) Cabinet on 6 August 2014 cleared amendments to Juvenile Justice Act, paving way for
harsher punishment for juveniles above 16 years. In which year Juvenile Justice Act was passed?
2000
14) Union Cabinet on 6 August 2014 allowed foreign investment in the Railways for the first
time and it is now at .......%?
100%
15) According to a recent report by a market research firm, which mobile manufacturer has
replaced Samsung to become the leading mobile phone vendor in India?
Micromax

16) Which bank has recently (August 2014) launched a travel card for students going abroad for
studies?
ICICI Bank
17) 18th BASIC (Brazil, South Africa, India and China) ministerial meeting which began on
August 7 is hosted by which country?
New Delhi, India
18) Construction work of the world’s tallest railway bridge began on 28 July 2014 near Noney in
which state on India?
Manipur
19) Government has recently launched a scheme for providing interest subsidy on educational
loans for overseas studies for students belonging to the notified minority communities. Name
that scheme?
Padho Pardesh
20) Kamla Beniwal who was recently sacked from her post was the Governor of?
Mizoram
21) Who among the following was appointed as deputy National Security Adviser of India on 4
August 2014?
Arvind Gupta
22) Who recently took charge as Vice Chief of Indian Army?
Philip Campose
23) Justice Manjula Chellur on 5 August 2014 took oath as first women chief justice of which
High Court?
Calcutta High Court
24) Government on 4 August 2014 suspended S K Jain as Chairman and Managing Director of
which Bank, two days after CBI arrested him for allegedly accepting a bribe of Rs 50 lakh?
Syndicate Bank
25) Reserve Bank of India in its bi-monthly monetary policy statement released on 5 August
2014 made Statutory Liquidity Ratio (SLR) cut by 0.50% to ..... to unlock banking funds?
22%
26) Xavi Hernandez who recently announced his retirement from International Football was
from?
Spain
27) Name the second-largest private sector bank in India which opened its branch in Dubai in
the first week of August 2014?
HDFC Bank
28) Margaret Alva has recently completed her term as Governor of?

Rajasthan
29) In July 2014, who became the most popular person on Facebook with over a 100 million
‘likes’, the most for any public figure?
Shakira
30) What is the current Cash Reserve Ratio (CRR)?
4%
31) The Book 'One Life is Not Enough' which has been in news and debate recently is the
autobiography of which political leader?
K Natwar Singh
32) Who among the following was recently selected for Rajiv Gandhi National Sadbhavana
Award 2014?
Muzaffar Ali
33) Who among the following recently scripted history by becoming the first Indian woman
gymnast to win a medal at the Commonwealth Games?
Dipa Karmakar
34) Prime Minister Narendra Modi was on a two day visit to Nepal in the first week of August
2014, thus becoming the first PM in 17 years to visit Nepal. Who was the last PM to visit Nepal
in 1997?
I K Gujral
35) 2014 Glasgow Commonwealth Games concluded on 3 August 2014. Which city will host 21st
Commonwealth Games in 2018?
Gold Coast, Australia
36) Parupalli Kashyap on 3 Aug 2014 became the 1st Indian in ...... years to win men's singles
gold in Badminton at Commonwealth Games?
32
37) Which country topped the medals tally in the recently concluded Commonwealth Games?
England
38) What was India's position the commonwealth games 2014?
5th
39) Which country defeated India to win Gold in the men's hockey event at Commonwealth
Games 2014?
Australia
40) Recently which company has become the first Indian company to exceed Rs 5 lakh crore in
market capitalisation?
Tata Consultancy Services (TCS)

41) Where was the Commonwealth Games (CWG) 2014 held from 23 July to 3 August 2014?
Ans. Glasgow, Scotland
42) Where will the 21st Commonwealth Games be held in 2018?
Ans. Gold Coast in Australia
43) What was India's position in the Common Wealth Games 2014?
Ans. Fifth position
Note: India finished with a total of 64 medals (15 Gold, 30 silver and 19 Bronze).
44) In the closing ceremony of CWG 2014 who was the Indian contingent’s flag bearer?
Ans. Seema Punia
Note: She won won Silver in women's discus throw.
45) Who was the torch bearer for India in the opening ceremony of CWG 2014?
Ans. Shooter Vijay Kumar
46) Which coutries finished 1st, 2nd and 3rd respectively in CWG 2014?
Ans. 1st- England with 58 Gold
2nd- Australia with 49 Gold
3rd- Canada with 32 Gold.
Note: Host Scotland finished 4th with 19 Gold.
47) Who became the first Indian woman gymnast and second person of the country (after Ashish
Kumar, male who won in the 2010 Delhi Commonwealth Games) to win a medal at the
Commonwealth Games?
Ans. Dipa Karmakar
48) Prime Minister Narendra Modi in the first week of August 2014 visited which neighboring
country?
Ans. Nepal
Note: This was the first visit of an Indian Prime Minister to Nepal in 17 years. In 1997, then
Prime Minister I K Gujral had visited Nepal.
49) Who on 3 August 2014 became the third Indian to win Gold medal in Badminton at
Commonwealth Games (CWG)?
Ans. Parupalli Kashyap
Note: He defeated Derek Wong of Singapore in the final. Prakash Padukone won Gold for India
in 1978 and Syed Modi in 1982.
50) Who was appointed as Deputy National Security Adviser (NSA) on 4 August 2014?
Ans. Arvind Gupta
Note: Post of Deputy National Security Adviser fell vacant after the resignation of Nehchal
Sandhu.

51) Name the eminent cartoonist who created the comic book character like Chacha Chaudhary
and Sabu who died on 6 August 2014?
Ans. Pran Kumar Sharma
52) Name the anytime anywhere bill payment system for which Reserve Bank of India (RBI) on 7
August 2014 issued draft guidelines?
Ans. Bharat Bill Payment System (BPPS)
53) Lok Sabha speaker Sumitra Mahajan on 7 August 2014 appointed a committee under the
chairmanship of former home secretary .......... to review Parliament security?
Ans. RK Singh
54) World Health Organization (WHO) has declared which disease as Global Health Emergency
on 6 August 2014?
Ans. Ebola
55) Who was selected as the Chairperson of the Arjuna Awards Selection Committee on 7
August 2014?
Ans. Kapil Dev
Note: This Committees will have 15 members which includes12 sportspersons and 3 officials.
56) The prestigious Ramon Magsaysay Awards for year 2014 was announced on 31 July 2014.
Name the winners?
Ans. Hu Shuli (Chinese investigative journalist), Saur Marlina Manurung, Omara Khan
Masoudi from Afghanistan, The Citizens Foundation from Pakistan, Wang Canfa from China
and Randy Halasan for Emergent Leadership from the Philippines.
57) Union Government granted Navratna Status to which company on 23 July 2014?
Ans. Container Corporation of India Limited (CONCOR)
Note: It is the 17th Central Public Sector Enterprise (CPSE) to achieve Navratna Status.
58) Name the Chairperson of the National Commission for Women (NCW) who demitted office
on 1 August 2014?
Ans. Mamta Sharma
59) Which bank bagged the Core Banking System Initiative Award for the year 2014 at the Asian
Banking and Finance - Retail Banking Awards 2014?
Ans. Bharatiya Mahila Bank Ltd
60) World Health Organization (WHO) on 8 August 2014 declared which disease as
international health emergency?
Ans. Ebola
61. India celebrates National Sports Day on:
Answer: August 29
62) Who was selected as the Chairman of the Dronacharya Award Selection Committee on 7
August 2014?

Ans. Ajitpal Singh. He is a three-time Olympian and former Hockey Captain.
63) Philips India has recently roped in whom as its brand ambassador for its beauty business?
Ans. Alia Bhatt
64) Didier Drogba who has announced his retirement from international football on 8 August
2014 is from which country?
Ans. Ivory Coast
65) Who was confirmed as BJP President at party’s National Council meeting held on 9 August
2014?
Ans. Amit Shah
66) Who was presented the ‘Business Leader of the Year’ award in AIMA Managing India
Awards 2014 recently?
Ans. Adi Godrej
67) Iran-140 Sepahan Air passenger plane crashed on 10 August 2014 near which airport?
Ans. Mehrabad airport
68) Haider al-Abadi was recently named as the new prime minister of?
Ans. Iraq
69) India women's recurve team recently won gold in Archery World Cup Stage IV held at?
Ans. Poland
70) According to latest energy efficiency ranking, which among the following countries has been
ranked no.1?
Ans. Germany. India placed at No.11.
71) Name the famous cartoonist and creator of the lovable comic character Chacha Chaudhary
who died on 6 August 2014?
Ans. Pran Kumar Sharma
72) Union Cabinet on 6 August 2014 raised the Foreign Direct Investment (FDI) limit in Defence
sector from ...... percent to 49 percent?
Ans. 26
73) Defence procurements from which Italian company were put on hold by the Union
Government on 5 August 2014?
Ans. Finmeccanica
74) The construction work of the world’s tallest railway bridge began on 28 July 2014 near
Noney in which state?
Ans. Manipur
75) Name the senior advocate and former Solicitor-General who on 4 August 2014 withdrew as
amicus curiae in Padmanabhaswamy Temple Case?

Ans. Gopal Subramanium
Note: The report on the condition of the temple and its assets in Thiruvananthapuram had
created a storm.
76) Which country launched construction work of a new Suez Canal on 6 August 2014?
Ans. Egypt
77) Name the Governor of Mizoram who was removed from the post on 6 August 2014 by
President of India?
Ans. Kamla Beniwal
78) Who took oath as the first woman Chief Justice of Calcutta High Court on 5 August 2014?
Ans. Justice Dr. Manjula Chellur
79) Who was selected as the Chairman of the Dronacharya Award Selection Committee on 7
August 2014?
Ans. Ajitpal Singh
Note: He was a three-time Olympian and former Hockey Captain
80) Who was given AIMA Business Leader of the Year’ Award 2014 on 6 August 2014?
Ans. Adi Godrej, Godrej group Chairman
81) Name the Syndicate Bank Chairman-cum-Managing Director (CMD) who was suspended by
Union government on 4 August 2014 after he was arrested by Central Bureau of Investigation
(CBI) on 2 August 2014 for accepting bribe?
Ans. SK Jain
82. 2nd Summer Youth Olympics concluded at China’s Nanjing city on 28 August 2014. Which
country topped the medals tally at these games?
Ans. China
Note: Hosts China won 38 gold, 13 silver and 14 bronze medals to top the medals tally with a
total of 65 medals. Russia was second with 27 gold medals and the United States was third
with 10 gold medals. The first-ever Summer Youth Olympic Game was held in 2010 at
Vancouver (Canada).
83. The Central Board of Direct Taxes (CBDT) constituted a high-level committee to scrutinize all
income tax cases arising out of the retrospective tax amendment. Which govt. official heads this
committee?
Ans. The Joint Secretary of the Foreign Tax and Tax Research Unit -1 of CBDT
Note: The announcement about this mechanism was announced by Finance Minister Arun
Jaitley in his Budget 2014-15 speech on 10 July 2014. According to the terms of reference for
the new committee, it would decide on such retrospective cases within of 60 days of receiving
them from the Assessing Officer. Retrospective tax is the tax rate levied by income tax
department which is perceived higher by the company being assessed, charged higher due to
some unknown reasons.
84. The USB Implementers Forum (UIF) has come up with the specifications for a new USB
standard. What is the name of this new upcoming USB standard?
Ans. USB 3.1

Note: This standard would make it sure that there’s a new universal port where it doesn’t
matter which side faces upwards or which end of the cable is used. The first USB standard
was 1.0 which was introduced in January 1996. The USB 3.1 is will be an update of USB 3.0
which was released in November 2008. USB 3.1 is compatible with up to 10Gbps data transfer
rates.
85. What is the name of the U.S. citizen who came to limelight for being the first American
reported to die fighting for the Islamic State Syria (ISIS)?
Ans. Douglas McAuthur McCain
86. Sheila Dikshit submitted her resignation as the Governor of which state?
Ans. Kerala
Note: Ex Chief Justice P.Sathasivam is appointed as new Kerala Governor.
87. New Governor of Rajasthan?
Ans. Kalyan Singh
Note: He is former Chief Minister of Uttar Pradesh.
88. New Governor of Maharashtra?
Ans. C. Vidyasagar Rao
89. New Governor of Karnataka?
Ans. Vajubhai Rudabhai Vala
90. New Governor of Goa?
Ans. Mridula Sinha
Note: She is a renowned Hindi writer and is a former BJP Mahila Morcha president.
91. Palghar became the 36th and the newest district of Maharashtra was splited from which
district?
Ans. Thane
Note: Thane was India’s most populous district. With the formation of new distict ‘North
Twenty Four Parganas’ in West Bengal got that status.
92. Who was appointed as the new Chairman of the Central Board of Direct Taxes (CBDT)?
Ans. K.V. Chowdary
93. Rajiv Gandhi National Sadbhavana Award 2014 (22nd edition) Winner?
Ans. Muzaffar Ali
Note: Muzaffar Ali is known for directing the classic Bollywood film ‘Umrao Jaan’. The
award carries a cash prize of Rs. 5 lakh apart from a citation.
94. Who is the first Indian player in 32 years and the third overall to win the men’s badminton
singles’ title in Commonwealth Games.
Ans. Parupalli Kashyap (P. Kashyap)
Note: The two players who had won the title in the past for India were Prakash Padukone
won the men’s singles gold medal at the 1978 Commonwealth Games in Edmonton (Canada),
Syed Modi retained it for India in 1982 at Brisbane (Australia)

95. S.K. Jain, who was arrested by the CBI on charges of allegedly accepting a bribe of Rs 50 lakh
to enhance the credit limit of some companies, was the Chairman and Managing Director
(CMD) of which public-sector bank?
Ans. Syndicate Bank
96. According to RBI’s bi-monthly policy review on 5 August 2014 What is the new Statutory
Liquidity Ratio (SLR)?
Ans. 22.0%
Note: It was reduced by 50 basis points from 22.5% to 22.0%. Repo, Reserve Repo, Cash
reserve ratio unchanged. Estimates GDP growth at 5.5% for current fiscal, Targets 8% CPI
inflation by January 2015, 6% by Jan 2016.
97. The Securities Laws (amendment) Bill, 2014 was approved unanimously by Lok Sabha on?
Ans. 6 August 2014.
Note: This Bill empowers the SEBI with powers to take back the money from fraudulent
companies and schemes. SEBI has issued disgorgement orders only in two cases in over two
decades of its formation they are IPO irregularities issue of 2006 and the Satyam Computer
scandal.
98. Which country during August 2014 held a special tribute named ‘Lights Out’ to pay tribute
to all those who died in the First World War?
Ans. Britain
Note: The project named ‘Lights Out’ was held on the occasion of the 100 years of the First
World War. Under this lights were turned-off all over Britain on 4 August 2014 to pay tribute
to all those who died in this War.
99. RBI issued guidelines for asset reconstruction companies to increase their investments in
security receipts (SRs) with the objective of strengthening the asset recovery sector. What is the
minimum prescribed percentage of funds that ARCs would now have to invest in SRs as
directed in this RBI guideline?
Ans. 15% (5% at present)
100. Facebook acquired which cyber-security startup firm to boost its huge server network?
Ans. PrivateCore
Note: PrivateCore is a California-based cyber-security startup firm that was launched in 2012.
101. Which African country has witnessed military coup recently
Ans. Lesotho
102. God of Anatarctica" Novel has been written by
Ans. Yashwardhan Shukla
103. Who has been appointed as Interlocutor for Naga peace talks
Ans. RN Ravi
Note: He has been appointed as new chief of Joint Intelligence committee
104. ONGC Board has approved 5219 crore rupees investment in which of the gas field
Ans. Daman Gas field

105. Who is the Vice Chancellor of Nalanda University
Ans. Gopa Shabarwal
106. Which team has won inaugural title of Pro kabaddi league
Ans. Jaipur Pink Panthers
107. Which country became 7th country to develop "Fast Breeder Reactor"?
Ans. India
108. U.S. Postal service recently released postal stamp in honour of which indian actor?
Ans. Akkineni Nageswara Rao
109. Where will be the first "Thorium" based nulcear power commissioned next year?
Ans. Kalpakkam
Throrium power plant are 3rd stage power plant. They need "Fast Breeder Reactor"
110. Supreme court recently ruled that all coal allocation from below year are illegal?
Ans. 1993
111. Which part of United Kingdom (U.K.) is planning to hold referendum to get independence
as a country?
Ans. Scotland
112. Ice Bucket Challange has been started to raise awareness about which disease
Ans. Amyotrophic lateral sclerosis (ALS) disease. (Lou Gehrig’s disease)
113. Tata Value Homes has signed agreement with which comapny to sell homes online
Ans. Snap Deal
114. Which company got outsourcing contract of Decaan Odyssey for five years
Ans. Cox &Kings
115. Which committee has been set up by Prime Minister to identify obsolete laws
Ans. R Ramanujam Committee
116. Who has been appointed as Ambassador of Turn Back Crime Camapaign of Interpol
Ans. Shah Rukh Khan
117. Who has been sworn in as 12th President of Turkey
Ans. Recep Tayyip Erdogan
118. Recently India signed "Health Pact" with which country?
Ans. Japan
119.Who became the youngest player to win a match at US Open tournament?
Ans. Cici Bellis

Fifteen-year-old American wild card Cici Bellis stunned Australian Open finalist Dominika
Cibulkova in the biggest upset of the US Open so far.
120. Indian government recently allowed which domain name in website address?
Ans. .bharat (in devnagri )
In keeping with its goal of Internet access to all, the government has launched the Dot Bharat
domain name in eight Indian languages.
121. Which of the Indian origin person has been appointed as Shadow Minister in UK
Ans. Seema Malhotra
122. Which Company is going to build Knowledge Vault to store information
Ans. Google
123.Which of the Security Force Personnel has won Limca Book of Record by planting sapling at
all its locations
Ans. BSF
124. Who has authored a book titled as "Not Just an Accountant"
Ans. Vinod Rai
125. "Swach Bharat Mission" is targetted to complete by 2019. It plan to celebrate 150th
anniversary of whom ?
Ans. Mahatma Gandhi
126. Avia Indra 2014 " is Air force excercise with which country?
Russia
127. Which year will be observed as "Water conservation year" in India?
Ans. 2015
128. Which government scheme planned to give "Debit Card" to poor households?
Ans. Pradhanmantri Jan Dhan Yojana
129. Which e-commerce company signed pact with Ministry of Textile to provide online
marketing platform for handloom sector products?
Ans. Flipkart
130. Which internet company is working on project "Global Brain"?
Ans. Google
Note: "Global Brain" is project to accumulate all internet based knowledge
131. Which film related to Indira Gandhi assasination is recently banned by Government?
Ans. Kaum de here
132. Which State announced proposal to clamp complete prohibition on liquor in various
phases?
Ans. Kerala

133.U.R. Ananthamurthy was known for his literary work in which language?
Ans. Kannada (He was the pioneer of the ‘Navya’ movement.)
134. Name the India's first Naval Vessel with all weapon systems built indigenously for the
Indian Navy?
Ans. INS Kamorta
135.Who is the new Chairman of ublic Accounts Committee (PAC)?
Ans. K V Thomas
136. 5 Indian Companies were listed as the "World's 100 Most Innovative Compnaies" in Forbe's
List?
Ans. Hindustan Unilever, Tata Consultancy Services (TCS), Larsen & Toubro (L&T), Sun
Pharma Industries and Bajaj Auto.

August 2014 Complete Current Affairs - including Banking and Finance

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