CareerMakers-August2011

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    August 2011

    Volume : 08

    Editor

    D.V.RAGHURAM

    M.A., P.G.D.H.R.M., D.T.E.M

    e-mail : [email protected]

    Executive Editor

    P. SUBHASHINI

    M.Com

    NOTE: Printing of this book

    process through many stages - Writing,

    Composing, Proof Reading etc. We try

    our best to make this book error free. if

    any mistake has inadvertently crept in,

    we regret it and would be deeply

    indebted to those who bring it to our

    notice. We do not take any legal

    responsibility. The publishers shall be

    obliged if mistakes are brought to their

    notice for carrying out correction in the

    next edition.

    Fulf

    illing

    agre

    atne

    ed....

    .

    Care

    er&

    Comp

    etiti

    onSerie

    s

    CONTENTS

    AWARDS / PRIZES - 3

    ENVIRONMENTAL ISSUES - 5

    SCIENCE & TECHNOLOGY - 8SUMMITS/ CONFERENCES - 9

    PERSONS - 10

    DEFENCE - 11

    ECONOMY GLOSSARY - 11

    SPORTS - 14

    PLACES - 15

    INTERNATIONAL AFFAIRS - 16

    NATIONAL AFFAIRS - 16

    CURRENT AFFAIRS QUESTIONS - 18

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    Career Makers August 2011, Volume: 082

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    FOR SURE SUCCESS IN

    BANK EXAMS.... READ.......

    JAYAM SERIES

    16-2-875/1, Sayeedabad,

    Hyderabad - 500 059

    Cell: 9290882406

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    AWARDS /

    PRIZES

    Ramon Magsaysay

    Award

    The six Award recipients in

    2011 enlarge the community of

    Magsaysay laureates to 290

    individuals and organizations

    spread across twenty-two countries

    of Asia. The award is named after

    famous Philippine president who

    died in a plane crash in 1957. This

    year "five remarkable individualsand one exceptional organization,

    from Cambodia, India, Indonesia,

    and the Philippines will receive

    Asia's highest honor, the 2011

    Ramon Magsaysay Award. The

    Awardees are:

    Alternative Indigenous

    Development Foundation, Inc.

    (AIDFI), from the Philippines. The

    organization is being recognized for

    "their collective vision, technological

    innovations, and partnership

    practices to make appropriate

    technologies improve the lives and

    livelihoods of the rural poor in upland

    Philippine communities and

    elsewhere in Asia."

    The 44-year-old Harish

    Hande, from India, runs his own

    solar electric light company that has

    lit up over 120,000 households, to

    emerge as India's leading solar

    technology firm. He is being

    recognized for "his passionate and

    pragmatic efforts to put solar power

    technology in the hands of the poor,

    through a social enterprise that

    brings customized, affordable, and

    sustainable electricity to India's vast

    rural populace, encouraging the

    poor to become asset creators." He

    founded the company SELCO-India

    with Neville Williams in 1995. A

    doctorate in energy engineering

    (solar specialty) from University of

    Massachusetts (Lowell) and a IITKharagpur passout, Hande

    revolutionised use of solar energy

    by developing equipment tailor-

    made for the needs of rural Indians.

    Hasanain Juaini, from

    Indonesia. He is being recognized

    for "his holistic, community-based

    approach to pesantren education in

    Indonesia, creatively promoting

    values of gender equality, religious

    harmony, environmental

    preservation, individual

    achievement, and civic engagement

    among young students and their

    communities."

    Koul Panha, from

    Cambodia. He is being recognized

    for "his determined and courageous

    leadership of the sustained

    campaign to build an enlightened,

    organized and vigilant citizenry who

    will ensure fair and free elections -

    as well as demand accountable

    governance by their elected officials

    in Cambodia's nascent democracy."

    Nileema Mishra, a lender to

    the poor in Maharashtra, is being

    recognized for "her purpose-driven

    zeal to work tirelessly with villagers

    in Maharashtra, India, organizing

    them to successfully address both

    their aspirations and their

    adversities through collective action

    and heightened confidence in their

    potential to improve their own lives."

    The 29-year-old has worked for

    empowerment of women in Jalgaondistrict of Maharashtra and has

    formed self help groups of over

    2,000 women in 15 villages to

    provide them livelihood avenues.

    Tri Mumpuni, from

    Indonesia. She is being recognized

    for "her determined and

    collaborative efforts to promote

    micro hydropower technology,

    catalyze needed policy changes,

    and ensure full community

    participation, in bringing electricity

    and the fruits of development to the

    rural areas of Indonesia."

    Rajiv Gandhi ManavSeva Award-2010

    Rajiv Gandhi Manav Seva

    Award for the year, 2010 have been

    announced today. The Selection

    Committee has chosen the following

    three individuals for conferment of

    the prestigious award. The Awardcarries a cash prize of Rupees One

    lakh and a citation to each awardee.

    1. Smt. Mira Kagti, Assam-

    she has established Shishu Sarothi

    in 1987 for providing education,

    rehabilitation and training services

    to the children suffering from

    Cerebral Palsy and persons with

    disability. At present her Institute

    caters to around 800 children and

    their families to cope with and

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    Career Makers August 2011, Volume: 084

    manage their children`s special

    needs.

    2. Dr. S.A. Thasleem

    Sulthana, Andhara Pradesh-She is

    doing service to the orphaned and

    mentally handicapped children, and

    working for the welfare, rehabilitation

    of mentally retarted, hearing

    impaired, visually challenged and

    physically challenged children.

    3. Dr.Mallika Nadda,

    Himachal Pradesh-She is a leading

    social activist in Himachal Pradesh.

    She founded Chetna, at Bilaspur a

    civil society initiative with a vision to

    integrate physically and mentally

    challenged children. She provides

    voluntary services and , material in

    kind, equipments, surgeryintervention support, clothing etc. to

    the children.

    In pursuance of the

    Government of Indias policy to

    support and promote voluntary

    action in the area of Child

    Development/Welfare, the Ministry

    of Women and Child Development,

    Government of India instituted the

    Rajiv Gandhi Manav Seva Award

    for Service to Children in 1994 to

    honour individuals who have made

    outstanding contribution towards the

    cause of children.

    The Award was instituted on

    20th August,1994, the 50th Birth

    Anniversary of the late Prime

    Minister, Shri Rajiv Gandhi who had

    deep love and concern for children.

    Rajiv Gandhi Manav Seva

    Award is conferred on three

    individuals who make outstanding

    contribution in the field of ChildProtection, Child Development or

    Child Welfare for over ten years. The

    selection for the award is made each

    year by a National Selection

    Committee.

    World Food Prize 2011

    John Kufuor of Ghana and

    Luiz Inacio Lula da Silva of Brazil

    have been awarded this years

    World Food Prize for cutting hunger

    in half while serving as President of

    their nations. It was the first time the

    award; created 25 years ago by

    Nobel Peace Prize winner Norman

    Bourlag, recognized the seminal role

    of national leaders in fighting hunger

    (both have been presidents of their

    respective nations). It should be

    noted that some 925 million people,

    roughly one-in-seven worldwide, are

    chronically hungry. Contribution by

    Lula da Silva: With his Zero

    Hunger program, Lula gave top

    priority to combating hunger and

    poverty in Brazil, a rising economic

    power of 203 million people, while

    president from 2003 to 2010. His

    programs included cash aid to poor

    families, food purchases from small-

    scale farmers and a school meals

    program.

    Contribution by John Kufuor:

    Kufuor, president of Ghana from

    2001-09, used public- and private-

    sector initiatives to improve food

    security and reduce poverty. They

    included a program to provide one

    meal a day to schoolchildren and

    educating farmers on best farming

    practices. Ghana, with 25 millioncitizens, was the first nation in sub-

    Saharan Africa, to cut hunger in half.

    About the award:

    The World Food Prize was

    created in 1986 by Nobel Peace

    Prize Laureate Norman Borlaug with

    the help of General Foods, and

    since 1990 has been sponsored by

    businessman and philanthropistJohn Ruan. The award recognizes

    the achievements of individuals who

    have advanced human

    development by improving the

    quality, quantity or availability of food

    in the world.

    Tenzing Norgay Na-

    tional AdventureAward

    The Ministry of Youth Affairs

    and Sports has announced today

    the Tenzing Norgay National

    Adventure Award for the year 2010

    to recognize the achievements of

    persons in the fields of Adventure.

    The following four persons

    have been selected for the

    Adventure Awards for the year

    2010:-1. Ms. Reena Kaushal Dharmshaktu

    - Land Adventure2.Ms. Mamta Sodha

    - Land Adventure3.Shri Dilip Donde

    - Water Adventure4. Late Col. Balwant Singh Sandhu

    - Life Time Achievement(Posthumously)

    Ms. Reena Kaushal

    Dharmshaktu has became the first

    Indian woment to ski 900 Kms. From

    coast of Antarctica to the South

    Pole. She did some High Altitude

    trekking in the Pindari Valley, MilamValley and Ralam Valley while

    working as an instructor. Besides

    this, she has been climbing

    extensively from 1996.

    Ms. Mamta Sodha has

    scaled Mount Everst in 2010, she

    has scaled island Peak, 20589 fts.,

    Shri Kanth Peak 20422 fts, Mun

    Peak 16000 fts, Phawara Rang

    Peak 21441 fts. She has also

    climbed Mount Everest- Eco

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    Career Makers August 2011, Volume: 085

    Expedition- 29038 fts, Nepal.

    Commander Dilip Donde has sailed

    Solo on INSV Mhadei undertaking

    Solo Circumnavigation of the earth

    round the Three Great Capes in

    273 days which is a significant and

    rare achievement. He is the first

    Indian to circumnavigate the earth

    solo and under sails and 175th

    person in the world to achieve this

    feat.

    Late Col Balwant Singh

    Sandhu possessed excellent

    record. A life time devoted to

    mountaineering, a highly ethical

    conduct and great leadership

    qualities. He had actively

    encouraged young people to the

    outdoor adventure. He wasinstrumental in introduction of IMF

    Annual Alpine Style climbing Camps

    and continued to oversee there till

    the last. He had climbed and trekked

    for over 50 years in most ranges of

    the Himalayas made the most

    number of first ascents of difficult

    peaks including first ascent of

    Changabang (6870m) in Garhwal

    Himalaya in 1974, first ascent to

    Phawara Rang (6570) in Spiti, HP

    in 1977.

    The Awards will be

    presented to the above individuals

    except late Col. Balwant Singh

    Sandhu by Her Excellency the

    President of India during the Awards

    ceremony to be held on August 29,

    2011. Award is being given to late

    Col. Sandhu, posthumously and will

    be receive by his wife Ms. Helga

    Sandhu.

    International MerlinAward

    The worlds largest

    magicians organisation, the

    International Magicians Society

    (IMS) of USA, has selected noted

    illusionist and stunt performer

    Gopinath Muthukad of Kerala for this

    years prestigious International

    Merlin Award. With this Magician

    Gopinath Muthukad becomes only

    the 2nd Indian magician to receive

    the coveted International Merlin

    Award, the Oscar of Magic. The first

    Indian to receive this award was P.C.

    Sorcar Jr.

    IMPAC Dublin LiteraryAward

    Irish writer Colum McCanns

    Let The Great World Spin, a novel

    set in the shadow of Philippe Petits

    1974 tightrope walk between the

    twin towers of the World Trade

    Centre, has won the 2011

    International IMPAC Dublin Literary

    Award, one of the worlds most

    lucrative book prizes. Past winners

    of the award include Michel

    Houellebecq, Orhan Pamuk, and

    Gerbrand Bakker, who won last year

    for The Twin.

    Mercy Ravi Award

    The first Mercy Ravi Award

    for Woman of Substance has been

    given to Delhi Chief Minister Sheila

    Dixit for her meritorious service to

    the people. The award has been

    instituted by Mercy Ravi Foundation,

    in memory of Congress leader late

    Mercy Ravi, wife of Union Minister

    for Civil Aviation and Indian

    Overseas Affairs Vayalar Ravi.

    INSEAD Award

    The renowned business

    school and research institution,

    INSEAD, has selected Sunil Mittal,

    the founder and chief of Bharti En-

    terprises with the Business Leader

    for the World Award. Beside Mittal,

    McKinsey and Company Global MD

    Dominic Barton has also bagged the

    award for their contribution to busi-

    ness and societal growth. It needs

    to be mentioned here that, business

    leaders who have set new standards

    in building successful, sustainable,

    global enterprises that span multiple

    cultures, embrace diversity and con-

    tribute to economic and social pros-

    perity, have been honoured with this

    award. Dipak C. Jain is the Dean of

    INSEAD.1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

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    ENVIRENVIRENVIRENVIRENVIRONMENTONMENTONMENTONMENTONMENTALALALALAL

    ISSUESISSUESISSUESISSUESISSUES

    Translocation of theCheetah in India

    The Wildlife Institute of India,

    has short-listed three sites, viz,

    Shahgarh area in Rajasthan, Kuno

    Palpur and Neoradehi Sanctuaries

    in Madhya Pradesh, as possiblehabitats for reintroduction of

    cheetah. A consultative meeting on

    C h e e t a h

    reintroduction

    in India was

    held in

    Gajner, Rajas

    than on the

    9th and 10th

    September

    2009 which

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    was attended by conservation

    organizations including International

    Union for Conservation of Nature

    (IUCN) and other International

    Cheetah experts, apart from Central

    and State Government officials.

    sources for the Cheetah relocation,

    along with the cost of such relocation

    have not been finalized.

    Campaign for Protection

    and Welfare ofElephants

    The Ministry had constituted

    a Task Force on Project Elephant

    to recommend measures for a more

    effective conservation and

    management regime for elephants

    in India. The Task Force submittedits report in 2010.One of the

    recommendations of the Task Force

    is to reach out to the people to

    improve conservation and welfare

    prospects of the elephant. In this

    direction, the Ministry, in partnership

    with the Wildlife Trust of India (WTI)

    has launched the nationwide Haathi

    Mere Saathi campaign by unveiling

    the campaign mascot, logo and

    website of the campaign during the

    Elephant-8 Ministerial Meeting heldin New Delhi on 24th May 2011.

    Other details of the campaign have

    not been finalized. No amount has

    been allocated for this campaign

    and the Government has not

    incurred any expenditure so far.

    Gujarat set to increase

    mangrove cover by 120

    sq km

    Gujarats environment andforests department is aiming to bring

    an additional area of 120 sq km

    along the states coastline under

    mangrove cover by the end of the

    financial year 2011-12.

    We aim to carry out

    plantation of mangroves in 120 sq

    km area by the end of this year. This

    will increase the mangrove cover in

    Gujarat from the present 1,080 sq

    km to 1,200 sq km, said Additional

    Chief Secretary, Environment and

    Forests, Dr S K Nanda.The plantation would stretch

    along the 1,600 km coastline of

    Gujarat, he said. At the meeting of

    the State Wildlife Board (SWD) last

    month, Chief Minister Narendra

    Modi had stressed on the need of

    taking up a mangrove conservation

    drive in right earnest, sources said.

    He had asked the forest

    department officials to focus on two

    projects: Biodiversity Wildlife

    Conservation and Integrated

    Coastal Area Mangrove Protection.

    Gujarats mangrove cover is

    the second largest in the country,

    after West Bengal.

    The Gujarat Ecology

    Commission is also actively

    participating in the plantation drive.

    It has helped in regeneration of

    mangrove forests through a

    community-based approach.

    According to the Forest Survey ofIndia - 2009, the highest mangrove

    cover in Gujarat is found in Kutch

    district (775 sq km), followed by

    Jamnagar (157 sq km) and

    Bharuch(42 sq km).

    The coastal districts of Surat,

    Valsad and Navasari in south

    Gujarat have the lowest mangrove

    cover.

    Mangroves comprise several

    salt-tolerant plant species that grow

    along the inter-tidal zones of rivers

    and seas, or estuarine habitats andriver-deltas.

    They perform a vital role in

    nutrient recycling, coastal protection

    and fish breeding. They also provide

    firewood, timber, fodder, fruit,

    medicinal herbs, etc.

    Mangrove forests are

    considered to be the most

    productive and bio-diverse wetlands

    on the earth, Dr Nanda said. The

    species can survive in hostile

    environment and exhibit a variety of

    adaptations, he said, adding they

    keep the marine-ecology healthy.

    But at present, mangrove

    forests are considered to be among

    the most threatened habitats in the

    world.

    Environmental

    DamageIn a recent study carried out

    by Central Pollution Control Board(CPCB) and Indian Institute of

    Technology, Delhi (IITD) under the

    aegis of Ministry of Environment and

    Forests (MoEF) to assess the

    environmental pollution of 88

    industrial clusters (indicating

    combined effect of all industries in

    the area) in different parts of the

    country, the internally generated

    Comprehensive Environmental

    Pollution Index (CEPI) using the

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    same methodology indicate that the

    pollution level of the coal mines are

    much lower compared to the total

    pollution level of the clusters

    identified by CPCB.

    The Minister said that it is

    pertinent to mention here that the

    Environment Management Plan

    (EMP) for each project is prepared

    taking into account the likely impact

    on environment, ground water,

    human beings etc which involves the

    holding of Public Hearing with the

    stake holders and the officials of the

    State Government concerned. The

    EMP is finalized addressing the

    issues raised by the Stake holders

    and placed for approval of Ministry

    of Environment and Forests (MoEF).Project proponents have to comply

    with the conditions laid by MoEF

    while according environment

    clearance.

    New Tiger Reserves

    The in-principle approval

    has been accorded by the National

    Tiger Conservation Authority for

    creation of six new tiger reserves,

    and the sites are: (i) Pilibhit (Uttar

    Pradesh), (ii) Ratapani (MadhyaPradesh), (iii) Sunabeda (Odisha),

    (iv) Mukandara Hills (including

    Darrah, Jawahar Sagar and

    Chambal Wildlife Sanctuaries)

    (Rajasthan), (v) Kudremukh

    (Karnataka) and (vi) Kawal

    Sanctuary (Andhra Pradesh).

    Besides, the States have been

    advised to send proposals for

    declaring the following areas as

    Tiger Reserves: (i) Bor

    (Maharashtra), (ii) Suhelwa (UttarPradesh), (iii) Nagzira-Navegaon

    (Maharashtra) (iv) Satyamangalam

    (Tamil Nadu), (v) Guru Ghasidas

    National Park (Chhattisgarh), and

    (vi) Mhadei Sanctuary (Goa). Under

    section 38V of the Wildlife

    (Protection) Act, 1972 State

    governments are authorised to notify

    an area as a tiger reserve on

    recommendation of the National

    Tiger Conservation Authority.

    Himachal making

    green roads with

    plastic waste

    Himachal Pradesh plans to

    surface 150 km of state roads this

    fiscal by adding shredded plastic

    waste to tar."Molten plastic with liquid tar

    has proven to be more resistant to

    water permeation, heat and high

    pressure than the normal material,"

    Public Works Department (PWD)

    Minister Gulab Singh said, reports

    IANS. "All PWD divisions are using

    plastic for roads. This year the PWD

    will build 150 km of roads surfaced

    with plastic waste. Last year 42 km

    of roads were built using thismaterial," he said.

    The Minister said the road

    construction cost per km by using

    bitumen was around Rs 12 lakh. But

    by mixing plastic in the bitumen, the

    cost came down to Rs 11 lakh per

    km. "The government has so far

    collected 104 tonnes of plastic this

    year. Of this, 40 tonnes have been

    used in construction of roads,"

    Gulab Singh said.

    The government has beenusing waste plastic, including carry

    bags, disposable cups, and

    laminated plastics like pouches of

    potato chips, pan masala, aluminium

    foil and packaging material used for

    grocery items, in road surfacing

    since 2010. Himachal Pradesh on

    October 2, 2009, imposed a ban on

    the production, storage, use, sale

    and distribution of all types of

    polythene bags made of non-

    biodegradable materials.

    After imposing the ban, the

    government launched a campaign

    "Polythene Hatao, Paryavaran

    Bachao" (remove polythene, save

    environment) across the state in

    three phases.

    To maintain regular supply of

    plastic waste for the PWD's road

    surfacing projects, the government

    has developed a buyback

    mechanism. It has asked village

    panchayats and urban local bodies

    to segregate plastic from other waste

    in their areas. The PWD buys plastic

    waste at a rate of Rs 4 per kg.

    National River Conser-

    vation Plan

    The Central Government

    has allocated funds to various States

    under the National River

    Conservation Plan (NRCP) for river

    water cleaning during the past three

    years. The Centrally sponsored

    scheme of National River

    Conservation Plan (NRCP) covers

    polluted stretches of 39 rivers in 185

    towns spread over 20 States. The

    Central Government supplementsthe efforts of the State Governments

    in river conservation by undertaking

    pollution abatement works on a cost

    sharing basis under the Plan. An

    expenditure of Rs.4475 crore has

    been incurred and sewage

    treatment capacity of 4417 million

    litres per day (mld) has been created

    so far.

    External assistance from

    bilateral/ multilateral agencies is

    availed of from time to time by the

    Government. For the Yamuna Action

    Plan (YAP) Phase-I, loan assistance

    of Yen 17.77 billion was provided by

    the Japan International Cooperation

    Agency (JICA), Government of

    Japan and an assistance of Yen

    13.33 billion is being availed for YAP

    Phase-II from the agency. JICA has

    agreed to provide a loan assistance

    of Yen 32.571 billion for the next

    phase of the Programme.For pollution abatement of

    the river Ganga at Varanasi, an

    assistance of 11.184 billion Yen is

    being availed from JICA. A project

    with World Bank assistance for

    abatement of pollution of river

    Ganga at an estimated cost of

    Rs.7000 crore has been approved

    in April, 2011. The World Bank will

    provide financial assistance of US

    $ 1 billion for the project.

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    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

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    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

    SCIENCE &

    TECHNOLOGY

    NASA to launch moonmission in September

    NASAs discovery mission

    programme GRAIL is making

    final launch preparations for its Sept

    8 launch from Cape Canaveral Air

    Force Station in Florida, the space

    agency announced.

    The Gravity Recovery And

    Interior Laboratory twin spacecraft

    are tasked for a ninemonth mis-

    sion to explore Earths nearestneighbour in unprecedented detail.

    They will determine the

    structure of the lunar interior from

    crust to core and advance our un-

    derstanding of the thermal evolution

    of the moon, Xinhua reported.

    The spacecraft twins, GRAIL

    A and B, will fly a circuitous route to

    lunar orbit taking 3.5 months and

    covering approximately 2.6 million

    miles (4.2 million km) for GRAIL

    A, and 2.7 million miles (4.3 millionkm) for GRAILB.

    GRAIL will unlock lunar

    mysteries and help us understand

    how the moon, Earth and other rocky

    planets evolved as well, said Maria

    Zuber, GRAIL principal investigator

    from the Massachusetts Institute of

    Technology.

    GRAILs launch period

    opens Sept 8 and extends through

    Oct 19.

    Astronomers Discov-

    ered Largest and Far-

    thest Reservoir of

    Water

    Two teams of astronomers

    discovered the largest and farthest

    reservoir of water ever detected in

    the universe.The water in the reser-

    voir is equivalent to 140 trillion times

    all the water in the worlds ocean.

    The water surrounds a huge feed-

    ing black hole, called a quasar more

    than 12 billion light years away.

    A quasar is powered by an

    enormous black hole that consumes

    a surrounding disk of gas and dust.

    Astronomers studied a quasar

    called APM 08279+5255. This qua-sar harbors a black hole 20 billion

    times more massive than the sun

    and produces as much as energy

    as a thousand trillion suns. The wa-

    ter vapour was expected to be

    present in the early distant universe.

    There is water vapour in the Milky

    Way but 4000 times less than in the

    quasar. It is because most of the

    Milky Ways water is frozen in ice.

    Worlds longest peri-scope developed for

    Kalpakkam reactor

    A 10-meter long periscope,

    indigenously developed for a

    nuclear reactor at the Indira Gandhi

    Centre for Atomic Research

    (IGCAR) in Kalpakkam and claimed

    to be the longest in the world, was

    dedicated to the nation today.

    The Rs. 3.9-crore periscope,

    manufactured by city-based VisualEducation Aids (P) Ltd (VEA) in col-

    laboration with IGCAR and others,

    was handed over to Bharatiya

    Nabhikiya Vidyut Nigam (Bhavini),

    Kalpakkam, by IGCAR Director S.C.

    Chetal.

    The periscope is the longest

    in the world and would be used in

    the Prototype Fast Breeder Reac-

    tor to view objects inside the reac-

    tor during maintenance.

    VEA Director J Balu said theperiscope, to be taken to Kalpakkam

    soon, can be remotely operated and

    also has motorised facilities for

    scanning the area of interest and

    image zooming and rotation.

    The Applied Spectroscopy

    Division, Division of Remote Han-

    dling and Robotics and Centre for

    Design and Manufacture of Bhabha

    Atomic Research Centre (BARC)

    Mumbai were also involved in the

    two-year long project, Mr. Balu said.

    TrES-2b: Darker thanAny Planet or Moon in

    our Solar System

    Astronomers discovered that

    the planet named TrES-2b was

    darker than any planet or moon in

    our solar system. This planet reflects

    less than one percent of the sunlight

    falling on it. NASAs Kepler

    spacecraft was used by the

    astronomers to make this

    observation.

    TrES-2b was discovered in

    2006 by the Trans-Atlantic Exoplanet

    Survey. It orbits its star at a distance

    of only three million miles. The star

    heats TrES-2b to a temperature of

    more than 1800 degrees Fahrenheit.

    TrES-2b orbits the star GSC03549,

    which is located about 750 ligh-years

    away. It can be observed near the

    constellation Draco.

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    NASA releases image

    of brightly glowing

    'Necklace Nebula'

    NASA has released a

    Hubble Space Telescope image of

    a brightly glowing, giant cosmicnecklace of a recently discovered

    planetary nebula, aptly named

    Necklace Nebula.

    The nebula, situated 15,000

    lightyears away in the constella-

    tion Sagitta, consists of a bright ring,

    measuring 12 trillion miles across,

    dotted with dense, bright knots of

    gas that resemble diamonds in a

    necklace. The knots glow brightly

    due to absorption of ultraviolet light

    from the central stars.

    A pair of stars orbiting very

    close together produced the nebula,

    also called PN G054.203.4.

    About 10,000 years ago one

    of the aging stars ballooned to the

    point where it enveloped its compan-

    ion star. This caused the larger star

    to spin so fast that much of its gas-

    eous envelope expanded into

    space. Due to centrifugal force, most

    of the gas escaped along the stars

    equator, producing a dense ring.

    The embedded bright knots

    are the densest gas clumps in the

    ring. The stars are furiously whirling

    around each other, completing an

    orbit in a little more than a day.

    India-South Africa

    CEOs forum

    Commerce and Industry

    Minister Anand Sharma and his

    South African counterpart Rob

    Davies will interact with leading cor-

    porate bigwigs of the two countries

    at the second India-South Africa

    CEOs Forum being held in New

    Delhi on August 29.

    The forum is headed by Tata

    Sons Chairman Ratan Tata from the

    Indian side and African Rainbow

    Minerals Executive Chairman

    Patrice Motsepe from South Africa.

    The first meeting of the fo-

    rum took place in Johannesburg in

    August, 2010.

    In an official statement,

    Sharma said the two countries oc-

    cupy similar positions in the global

    economic order and it was neces-

    sary for both of them to strengthen

    bilateral ties."Also, the fact that both our

    governments are faced with similar

    socio-economic imperatives, it

    would be most appropriate for our

    governments and industry to step up

    bilateral cooperation, intensify

    knowledge-sharing and jointly ad-

    dress developmental issues," he

    said.

    The two ministers will also

    have bilateral discussions, the state-

    ment added.During the first meeting, the

    business leaders of both countries

    discussed in detail the opportunities

    and challenge that bilateral invest-

    ment and trade offered and the

    bottlenecks that were hampering

    India-South Africa business ties.

    The forum had also agreed

    to jointly explore business opportu-

    nities in Africa in diverse fields such

    as pharmaceuticals, healthcare,

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    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

    SUMMITS/

    CONFERENCES

    food processing, automobiles, com-

    ponents, biotechnology, information

    technology, telecommunications,

    infrastructure, roads and railways.

    Apart from Ratan Tata, other

    prominent Indian corporate leaders

    that are part of the forum are

    Mahindra & Mahindra Vice Chair-

    man and Managing Director Anand

    Mahindra and Marico CMD Harsh

    C Mariwala, among others.

    conference on mango

    A global conference on

    mango was held in Lucknow in June

    2011. The main topic was the chal-

    lenges facing the crop and its grow-

    ers in backdrop of changing climatic

    conditions.

    17-Nation Emergency

    Euro Zone Summit

    Held in Brussels

    17-nation Euro Zone Summit

    was held on 21-22 July 2011 in Brus-

    sels, capital of Belgium with the ob-

    jective of finalizing a second rescue

    package for debt plagued Greece

    and calm the financial markets of

    Europe. The participating nations

    agreed on Marshall Plan for Europe

    to revive the financial markets of

    Europe.

    Besides, the nations agreed

    on the following measures:

    The summit agreed to pour

    another 159 billion euros into

    Greece to stop debt contagion

    across Europe. To ease Greece's

    debt repayments on its loans, the

    summit agreed to extend them from

    7.5 years to between 15 and 30years in some cases, and at a rate

    of 3.5 percent, down from 4.5 per-

    cent.

    The Eurozone leaders wel-

    comed the measures undertaken by

    the Greek government to stabilize

    public finances and reform the

    economy as well as the new pack-

    age of measures including

    privatization recently adopted by the

    Greek Parliament.

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    1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0

    PERSONS

    Sucheta becomes firstIndian woman to cross

    Gobi desert

    In a feat that can boost the

    spirit of adventure among Indian

    women, 33-year-old Sucheta from

    Pune, has successfully crossed the

    arduous 1,623 km stretch of the

    Gobi desert, the largest in Asia and

    the fifth in the world, in a multi-

    national expedition.

    Sucheta, who was part of a

    13-member team led by Ripley

    Davenport, accomplished the

    expedition on 15th July, nine days

    before the stipulated 60 day

    deadline, braving rigours and heat

    of the sands in Mongolia. She

    became the first Indian woman to

    cross Gobi desert.

    Only seven of the 13 stayed

    and lasted the course, Sucheta

    Kadethankar being one of the three

    successful women trekkers alongwith one each from Australia and

    Singapore.

    Six of them opted out of the

    expedition due to either injuries or

    of their own volition.

    The other expedition

    members were drawn from

    Australia, England, Scotland, Hong

    Kong and Singapore.

    The success of Sucheta,

    was, however not without minorsetbacks she suffered during the

    journey across the Gobi desert.

    Sadananda Gowda

    sworn in Karnataka

    Chief Minister

    Lok Sabha member D. V.

    Sadananda Gowda was on August

    04 sworn in as Chief Minister of

    Karnataka, succeeding B.S.

    Yeddyurappa, who quit in the wake

    of the Lokayukta report on illegal

    mining that indicted him. Governor

    H. R. Bhardwaj administered the

    oath of office to 58-year-old

    Devaragunda Venkappa

    Sadananda Gowda at the Raj

    Bhavan. He is the 26th chief minis-

    ter of the State and the second BJP

    member after Mr. Yeddyurappa to

    hold the position. Mr. Gowda willhave a term of 22 months. Elections

    are due in the State in May 2013.

    Former Supreme Court

    Judge Justice ShivrajV Patil sworn in as

    New Lokayukta of

    Karnataka

    Former Supreme Court

    Judge Justice Shivraj V Patil was

    sworn in as the new Lokayukta of

    Karnataka on 3 August 2011. The

    oath was administered by Governor

    H R Bhardwaj at Raj Bhavan. Justice

    Patil succeeded Justice N Santosh

    Hegde who vacated office after

    completing eventful five-year tenure.

    Justice Patil headed the one-

    man committee to inquire into the

    2G spectrum allocation issue

    recently. The committee studied the

    processes and procedures followed

    by the Department of Telecommunications in distributing licences and

    spectrum between 2001-09. Justice

    Patil had joined the bar at Gulbarga

    in 1962. He had also served as part-

    time lecturer in Seth Shankarlal

    Lahoti Law College, Gulbarga from

    1967 to 1975 and as Principal of the

    same college from 1975 to 1978.

    Justice Patil moved to Bangalore in

    1979 to exclusively practise in the

    Karnataka High Court. He was

    Standing Counsel for the Bangalore

    Development Authority and Central

    Silk Board. He was also the

    Advocate for Bangalore University

    and Gulbarga University.

    He was elevated as Judge of

    Karnataka High Court on 29 March

    1990. He was later transferred to

    Madras High Court. He had also

    served as Chief Justice of High

    Court of Rajasthan in 1999. Justice

    Patil was elevated as Judge of the

    Supreme Court in 2000 and retired

    in 2005. Justice Patil has written a

    book on the life of the great saint

    Shree Sharanabasaveswara.

    Former Karnataka High

    Court Judge Justice R Gururaj was

    administered oath of secrecy asUpa-Lokayukta by the Governor.

    N A K Browne takesover as IAF chief

    Ace fighter pilot Norman Anil

    Kumar Browne on Sunday took over

    as the 23rd chief of the Indian Air

    Force from Air Chief Marshal P V

    Naik, who retired after putting in 42

    years of service.

    Soon after taking over,

    Browne said his priorities as IAF

    chief would be to "enhance

    operational capability, continue with

    the modernisation drive of the force

    and most importantly to look after

    our people."

    "To my mind that is the most

    important asset that we have," 59-

    year-old Browne, who has 3,100

    flying hours to his credit, said.

    He has taken over as the IAF

    chief at a time when the force isundergoing massive modernisation

    and is looking to induct a large

    number of new weapon platforms,

    including the 126 combat aircraft,

    the C-17 strategic heavy-lift aircraft

    along with a host of different types

    of choppers. In his first address to

    air warriors, Browne said, "The IAF

    is well poised on path of

    transforming itself into a potent

    strategic force."

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    DEFENCE

    Russia successfully

    test-launches ballistic

    missileRussia on August 27 suc-

    cessfully test launched its Bulava

    inter-continental ballistic missile to

    its maximum range of 8,000 km, in

    a boost to the country's defence

    capabilities.

    The missile was fired suc-

    cessfully by the White sea-based

    Russian nuclear submarine Yuri

    Dolgoruky, the Defence Ministry

    said. The successful launch of the

    Bulava came after a string of set-

    backs suffered by this programme.

    Only eight of its previous 15

    launches were officially declared

    successful. "The regular launch of

    the missile was conducted at 7:20

    am Moscow time from a submerged

    position from the regular carrier in

    line with the state flight development

    tests at a maximum flight range of

    the missile," a defence ministry

    spokesman was quoted as sayingby Russian news agency Ria

    Novosti.

    The missile successfully

    reached its target in the Pacific

    Ocean in accordance with the nec-

    essary shipping security measures,

    the spokesman said. The success-

    ful test of the missile was reported

    to President Dmitry Medvedev by

    the defence minister Anatoly

    Serdyukov. The Bulava, expected to

    become Russia's main naval stra-

    tegic missile, is capable of carrying

    10 warheads with a range of 8,000

    km. The first test launch from the

    Yuri Dolgoruky was conducted on

    June 28, 2011. Before that the mis-

    siles were fired from the typhoon-

    class Dmitry Donskoy submarine.

    The three-stage missile is

    specifically designed for deployment

    on Borey class nuclear submarines.

    DRDO Launches

    `PRAHAAR - Surface

    to Surface Tactical

    Missile

    DRDO successfully flight

    tested its latest surface to surface

    Missile `PRAHAAR from Launch

    Complex III, off Chandipur Coast,

    ITR, Balasore, Orissa July 21. The

    Missile with a range of 150 kms,

    comparable to ATACMS Missile of

    United States of America, fills the

    vital gap between Multi Barrel Rock-

    ets and Medium Range Ballistic Mis-

    siles. The Missile capable of carry-

    ing different types of warheads, op-

    erates as battle field support system

    to the Indian Army.The Missile with a length of

    7.3 meters and diameter of 420 mm

    weighing 1280 kgs, and a single

    stage solid propulsion system went

    to a height of 35 kms before reach-

    ing the targets of the range of 150

    kms in about 250 seconds.

    Equipped with state of the art high

    accuracy navigation, guidance and

    electro mechanical actuation sys-

    tems with latest onboard computer,

    it achieved terminal accuracy of lessthan 10 meters.

    The Missile with a pay load

    of 200 kgs has a fast reaction time,

    which is essential for the battle field

    tactical missile. The Missile was

    launched from a Road Mobile Sys-

    tem, which can carry six missiles at

    a time and can be fired in salvo

    mode in all directions covering the

    entire azimuth plane.

    The Missile system is devel-

    oped to provide Indian Army a cost

    effective, quick reaction, all weather,

    all terrain, high accurate battle field

    support tactical system. The devel-

    opment of Missile was carried out

    by the DRDO Scientists in a short

    span of less than two years.

    The flight path of the Missile

    was tracked and monitored by the

    various Radar systems and Electro

    Optical systems located along the

    coast of Orissa. An Indian Naval ship

    located near target point in Bay of

    Bengal witnessed the final event.

    The launch operations were

    witnessed by Dr. V.K. Saraswat,

    Scientific Adviser to Raksha Mantri

    and Secretary Defence R & D, Lt

    Gen Vinod Nayanar, AVSM, Direc-

    tor General of Artillery, IHQ of MoD(Army). A team of scientists headed

    by Shri Avinash Chander, Chief Con-

    troller R&D, DRDO coordinated the

    entire launching operations.

    Defence Minister Shri AK

    Antony has congratulated the Sci-

    entists of DRDO for the successful

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    ECONOMY

    GLOSSARY

    Financial Inclusion

    Necessary for Inclu-sive Growth

    Financial inclusion is

    necessary for inclusive growth. To

    extend the reach of banking to those

    outside the formal banking system,

    the Union Finance Minister ShriPranab Mukherjee in his Budget

    Speech 2010-11 had stated that the

    Government has decided to provide

    appropriate banking facilities to

    habitations having population in

    excess of 2000 (as per 2001

    census) by March, 2012.

    Accordingly, 73,000 such

    habitations across the country have

    been identified and allocated to

    Public Sector Banks, Regional Rural

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    Banks, Private Sector Banks and

    Cooperative Banks for extending

    banking services by using the

    services of Business

    Correspondents and other models,

    with appropriate technology back up

    by March, 2012.

    According to Dr. Rangarajan

    Committee Report on Financial

    Inclusion (2008), the reach of rural

    cooperatives in terms of number of

    clients and accessibility is better but

    the health of a very large population

    of rural credit cooperatives has

    deteriorated significantly. RBI

    guidelines on KYC (Know Your

    Customer) are similar to both

    Commercial Banks and Urban

    Cooperative Banks.Primary Agriculture

    Cooperative Societies (PACS)

    affiliated to District Central

    Cooperative Banks and State

    Cooperative Banks were having a

    deposit base of Rs.26,245 crore as

    on 31.3.2009 that increased to

    Rs.35,286 crore as on 31.3.2010

    registering an increase of 34.45%.

    The loans issued by such Primary

    Societies (PACS) were of the order

    of Rs.58,787 crore as on 31.3.2009

    and Rs.74,938 crore as on

    31.3.2010 registering an increase

    27.47% over the previous year.

    Urban Poor

    The Minister for Housing and

    Urban Poverty Alleviation Kumari

    Selja has said that as per the data

    released by the Planning

    Commission, there was an increase

    of about 44 lakhs urban poor in thecountry in the year 2004-2005 as

    compared to the year 1993-1994.

    Poverty figure for the year 2001 and

    2011 are not available.

    In a written reply in the Lok

    Sabha today she said, Government

    of India has launched the combined

    Rural-Urban Socio-Economic and

    Caste Census-2011 in June, 2011

    for identification of people below

    poverty line in the country. The

    Socio-economic and Caste Census

    would be carried out by the

    respective State Government with

    the financial and technical support

    of the Government of India.

    She said, the Ministry of

    Housing & Urban Poverty Alleviation

    is implementing scheme of Swarna

    Jayanti Shahari Rozgar Yojana

    (SJSRY) aimed at to provide gainful

    employment to the urban

    unemployed and under-employed

    poor, through encouraging the

    setting up of self employment

    ventures by the urban poor living

    below the poverty line, skills training

    and also through providing wage

    employment by utilizing their labour

    for construction of socially andeconomically useful public assets.

    Also, Jawaharlal Nehru National

    Urban Renewal Mission (Basic

    Services to the Urban Poor and

    Integrated Housing and Slum

    Development Programme

    components), aimed at providing

    basic amenities and affordable to the

    urban poor, especially slum dwellers

    is being implemented since

    December, 2005.

    Kumari Selja said, the

    Government has recently launched

    a new scheme called Rajiv Awas

    Yojana (RAY) for the slum dwellers

    and the urban poor. This scheme

    aims at providing support to States

    that are willing to provide property

    rights to slum dwellers.

    Evaluation of PDS

    Evaluation studies of

    Targeted Public Distribution System(TPDS) have been done by several

    agencies including the Planning

    Commission and World Bank. As

    per the report of the Programme

    Evaluation Organisation (PEO) of

    the Planning Commission on

    Performance Evaluation of TPDS

    (2005), the implementation of TPDS

    is hampered due to targeting errors,

    prevalence of bogus cards and

    diversion of foodgrains from the

    supply chain. The World Bank has

    prepared a report titled Social

    Protection for a Changing India

    (2011), which deals with key safety

    net, social assistance and social

    security programmes including the

    Public Distribution System (PDS).

    The report indicates that there is a

    gap between the release of

    foodgrains by the Food Corporation

    of India (FCI) and the offtake of

    foodgrains by the households, which

    is due to leakages/diversion of

    allocated foodgrains. This

    information was given by the

    Minister of State in the Ministry of

    Consumer Affairs, Food & Public

    Distribution, Prof. K.V. Thomas in

    written reply to a question in LokSabha today.

    He said that TPDS is

    operated under the joint

    responsibility of Central

    Government and State/UT

    Governments. The Central

    Government is responsible for

    procurement, allocation and

    transportation of foodgrains upto the

    designated depots of the FCI. The

    operational responsibilities for lifting

    and distributing the allocated

    foodgrains within the States/UTs,

    identification of eligible BPL families,

    issuance of ration cards to them and

    supervision over distribution of

    allocated foodgrains to eligible card

    holders through the Fair Price Shops

    (FPSs) are of the State/UT

    Governments.

    Government closely

    monitors the action taken by State/

    UT Governments in respect ofirregularities noticed in the

    implementation of TPDS.

    Complaints as and when received

    by Government from individuals and

    organizations, as well as through

    press reports are sent to the

    concerned State/UT Governments

    for inquiry and action. During the

    year 2010, 174 complaints relating

    to implementation of TPDS were

    received, which have been sent to

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    the States/UTs. Government also

    regularly issues advisories to State/

    UT Governments and reviews their

    performance during meetings and

    conferences. Periodic reporting has

    been prescribed and utilization

    certificate for the foodgrains

    allocated are obtained from the

    State/UT Governments, Shri

    Thomas added.

    The Minister said that

    strengthening and streamlining of

    TPDS is a continuous process. In

    consultation with the State/UT

    Governments, a Nine Point Action

    Plan was evolved in 2006, which

    inter-alia includes continuous review

    of BPL/AAY list and to eliminate

    bogus/ineligible ration cards alongwith strict action to be taken against

    the guilty to ensure leakage free

    distribution of foodgrains. To

    improve functioning of TPDS,

    States/UTs have also been advised

    to ensure timely availability of

    foodgrains at FPSs, greater

    transparency in functioning of

    TPDS, improved monitoring and

    vigilance at various levels and

    introduction of new technologies

    such as Computerization of TPDS

    operations at various levels.

    Damodaran Panelsuggested Solution to

    All ATM-card Related

    Problems

    The report on Customer

    Service in Banks by a committee

    chaired by M. Damodaran, former

    Chairman of the Securities and

    Exchange Board of India (SEBI) wasreleased on 3 July 2011. The

    Reserve Bank of India panel

    recommended an increased deposit

    insurance cover of Rs.5 lakh so as

    to encourage individuals to keep all

    their deposits in banks. The

    Damodaran panel mentioned that in

    case of sick banks, a possibility to

    enable customers to immediately

    avail themselves of a part of their

    insured deposits before the final fate

    of sick banks is decided should be

    explored.

    The recommendations were

    made in 3 broad categories:

    Home Loans:

    The panel recommended

    that banks should not imposeexorbitant penal rates towards

    foreclosure of home loans. A policy

    should be devised to ensure that

    customers are not denied of

    opportunity to enhance their

    economic welfare by making

    choices such as switching to other

    banks/financial entities to enjoy the

    benefits conferred by market

    competition. Measures to stop

    practices of discriminating betweennew and old customers with identical

    risk profiles on the basis of interest

    rate offers were to be initiated.

    Banks should automatically

    provide annual account statement to

    home loan customers. All home loan

    customers should be permitted a

    switchover between fixed to floating

    or vice versa at least once during

    the loan tenure at an appropriate

    and reasonable fee.

    The panel recommended

    that home loans backed by

    insurance products, in any

    eventuality, to be automatically

    settled by the insurance amount with

    minimum inconvenience to the

    nominees and heirs. The title deeds

    should be returned to the customers

    within 15 days after the loan closure

    and a suitable compensatory policy

    to compensate the customers for

    delayed return of title deeds to beput in place.

    Banks should ensure

    through government subsidy or

    insurance that educational loans are

    properly priced. The Board

    Approved Policy for educational

    loans should indicate the minimum

    percentage in value or number of

    such loans which will be disbursed

    to students from rural areas.

    Senior Citizens:

    There should be prioritised

    service to senior citizens, physically

    handicapped persons by effective

    crowd/people management

    available at all branches. The panel

    suggested introduction of provisionof the SMS alerts service about

    balance in the account at periodic

    intervals and about due dates for

    submission of important documents.

    Automatic updation of the

    customers to the senior citizen

    category based on the date of birth

    would be introduced. Pensioner may

    be allowed to submit the annual life

    certificate at any of the (linked)

    branches and not necessarily at the

    home branch.

    Rural Areas:

    According to the panel banks

    should ensure proper currency

    exchange facilities and also the

    quality of notes in circulation in rural

    areas. Branches should be made

    functioning at a time convenient to

    the customers (agricultural

    labourers, workers and artisans).

    Other Recommendations:

    Exchange facilities for soiled/

    torn notes is a right of every citizen

    using such facilities and the RBI,

    through its agents is to ensure that

    no holder of sovereign currency note

    is turned away at a bank counter

    when the exchange facility is

    desired. All banks should implement

    the citizens' charter on exchange

    facilities of notes and coins adopted

    by the Department of Currency

    Management, RBI.The panel suggested

    documentation of the bank's

    approach to develop Client First

    Attitude by its employees.

    Instant blocking of lost ATM

    cards through SMS and immediate

    restoration of funds in case of non-

    dispensation of cash at an ATM were

    some of the other recommendations

    made by the Reserve Bank of India's

    committee on customer service.

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    SPORTS

    For compensation to be paid

    by the banks for transaction

    deficiencies there should be in-built

    into the core banking system (CBS)

    software. As a measure of risk

    management, call centres as well as

    the online systems through Net

    banking should enable a customer

    to fix individual transaction limits for

    debit/credit card use, debar or fix

    limits for purchase of electronic or

    jewellery items.

    The panel is in favour of

    standardisation of account opening

    form by the Indian Banks'

    Association (IBA).

    Users (utilities, airlines, and

    railways) of electronic bank

    platforms for making collections mayoffer small discounts to their

    customers to favour electronic

    payments.

    Reserve Bank of Indialaunched Industrial

    Outlook Survey for the

    July-September 2011

    The Reserve Bank of India

    on 3 August 2011 launched its

    Industrial Outlook Survey for the

    July-September 2011 period. The

    Industrial Outlook Survey provides

    for an insight into the perception of

    non-financial public and private

    limited companies that are engaged

    in manufacturing activities about

    their performance and future

    prospects.

    The responsibility for

    conducting the research on behalf

    of the central bank was bestowed

    on Centre for Research Planningand Action (CERPA). The CERPA is

    to get in touch with several

    manufacturing companies during

    the quarter July-September for

    seeking their valuable feedback so

    that it can be included in the survey.

    The survey is to cover non-financial

    private and public limited companies

    with a good size/industry

    representation. Those manufac

    turing companies which are not

    approached by CERPA can also

    participate in the survey by

    downloading the survey schedule

    from RBIs official website.

    The assessment of business

    sentiments for the present quarter

    and expectations for the ensuing

    quarter are based on qualitative

    responses to 20 major parameters.

    The parameters include overall

    business and financial situations,

    demand indicators, price and

    employment expectations, profit

    margins etc. The survey aimed to

    provide useful forward looking inputs

    for policymakers, analysts and

    businesses. The RBI has been

    conducting the Industrial Outlook

    Survey on a quarterly basis since1998.

    CERPA

    CERPA was established in

    1972 and conducts social science

    research, provides consultancy on

    developmental issues, helps

    planners and policymakers and

    provides charitable services to the

    disadvantaged and poor sections of

    the country.

    Indian Golf Team won

    Bronze in a TeamEvent at 48-year old

    Nomura Cup in Fiji

    An amateur Indian golf team

    won bronze in a team event at the

    48-year old Nomura Cup in Fiji on

    19 August 2011. The competitionwitnessed participation by teams

    from 18 countries. The Indians

    edged past golf powerhouse and

    defending champions Korea by five

    strokes for the third place on the fi-

    nal day. They finished at a four-day

    total of 865, and 5-under on the fi-

    nal day.

    Indias Khalin Joshi, who

    also finished tied third in the indi-

    vidual category, saved the day for

    his team with a 4-under 68 as team-

    mates Faldo Series Asian champion

    Abhijeet Chaddha, reigning All-India

    winner S Chikkarangappa and

    Angad Cheema shot average

    scores. The best of three scores

    were counted every day for the team

    total.

    The victory at Fiji came a

    fortnight after Indian golfers bagged

    silver at the Asia-Pacific Junior

    Championships.

    World Federation

    (BWF)

    The Badminton World

    Federation (BWF) is the

    international governing body for the

    sport of badminton. It was foundedin 1934 and was then known as the

    International Badminton Federation.

    Initially it had only nine member

    nations (Canada, Denmark,

    England, France, Ireland, Italy,

    Netherlands, New Zealand,

    Scotland and Wales) but now it

    comprises of 165 member states. In

    the year 2006 its name was changed

    to Badminton World Federation

    (BWF). The headquarters of BWF

    is situated in Kuala Lumpur,

    Malaysia. Its current president is

    Kang Young Joong.

    15th Copa America

    Uruguay won the Copa

    America for a record 15th time after

    beating Paraguay 3-0. Two goals

    from Diego Forlan and another from

    Luis Suarez helped Uruguay beat

    Paraguay. The victory gives

    Uruguay its first Copa America titlesince 1995. Paraguay had won

    Copa America titles in 1979 and

    1953 and reached the quarterfinals

    at the 2010 World Cup. It is here

    mentioned that top teams like

    Argentina and Brazil were upset

    again in the quarterfinals of this

    tournament. Uruguay ousted

    Argentina on penalties and

    Paraguay eliminated Brazil, also in

    a shootout. It is here underscored

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    that Argentina has won the title 14

    times and Brazil eight times. Brazil

    had won four of the past five titles.

    About Copa America: The Copa

    America was earlier known as South

    American Championship. It is an

    international football competition fornational teams of South America.

    The competition is organized by

    CONMEBOL, South Americas

    football governing body. It is the

    oldest international continental

    football competition. This year, the

    43rd edition of the tournament was

    held in Argentina. Uruguay has now

    won the Copa America 15 times,

    Argentina 14, Brazil 8 and Paraguay

    2 times.

    FIFA Womens World

    Cup

    Japan has won the final of

    the Womens World Cup in Frankfurt

    beating the USA on penalties 3-1

    after a hotly disputed match that saw

    each side score twice. With this win

    Japan became the first Asian nation

    to win the Womens World Cup. The

    Japanese denied the U.S. team the

    chance to become the first nation to

    lift the cup three times. Sweden

    finished third and France ended

    fourth in the current championship.

    About FIFA Womens

    World Cup:

    The FIFA Womens World

    Cup is an international association

    football competition organized by

    FIFA. The championship has beenawarded every four years since the

    inaugural tournament in 1991 held

    in China. The inaugural

    championship was won by USA.

    The world cup 2011 was held in

    Germany. The next World Cup will

    be hosted by Canada in 2015. The

    best performing nations are the USA

    and Germany; both have won the

    championship twice.

    Womens Champions

    Trophy, 2011

    The Netherlands won the

    womens field hockey Champions

    Trophy 6-5 on penalties by defeating

    Argentina. The 2011 Womens

    Hockey Champions Trophy was the19th edition of the Hockey

    Champions Trophy for women, it

    was held in Amstelveen,

    Netherlands. The womens

    Champions trophy will be

    remembered for the controversy

    regarding the fight for the spot in the

    final match. After the preliminaries

    were over, the final originally was

    scheduled to be played between the

    Netherlands and South Korea, but

    the Argentine side protested against

    the second round standing in which

    they were ranked third behind Korea

    based on goals scored in that round.

    After a second appeal by the

    Argentine team, the final day

    schedule was changed, since the

    regulations stated that in case of a

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    PLACES

    Pyeongchang city

    The International Olympic

    Committee has chosen

    Pyeongchang city of South Korea to

    host the 2018 Olympic Winter

    Games. The other two bid cities

    were Munich, Germany, and

    Annecy, France. Pyeongchang nar-rowly failed in its bids for 2010 and

    2014, losing by three votes to

    Vancouver, Canada, for last years

    event and by four votes to Sochi,

    Russia, for the 2014 event. South

    Korea has never hosted the Winter

    Games, though the capital city of

    Seoul hosted the 1988 Summer

    Games. Had it won, Munich would

    have been the first city to host both

    the summer and Winter Olympics.

    The city attracted the Summer

    Games in 1972. The Winter Games

    have been staged twice in Asia, both

    times in Japan Sapporo in 1972

    and Nagano in 1998.

    Padmanabhaswamy

    Temple

    Padmanabhaswamy Temple

    is one of the most famous Lord

    Vishnu Temples in Kerala, South In-

    dia. It is also known as Sree Ananda

    Padmanabhaswamy Temple. The

    shrine is currently run by a trust

    headed by the royal family of

    Travancore. References to the

    temple can be found in the Divya

    Prabandha canon of literature writ-

    ten by Tamil Alwar. Alvars were the

    Tamil Saint poets who lived between

    the sixth and ninth centuries AD.

    References to Sri Padmanabha

    Temple is also said to have in the

    Brahma Purana, Padma Purana,

    Varaha Purana, and Vayu Purana.

    Western Ghats

    The Karnataka government

    has said that it is not interested in

    the UNESCO tag for the Western

    Ghats. It is believed that the

    UNESCO tag will mean a nogo area

    for people, including tribals living in

    the forests of the Western Ghats. A

    large population resides in the West-

    ern Ghats regions, spread across 10

    districts - Shimoga, Dakshin

    Kannada, Udupi, Chikmagalur,

    Uttara Kannada, Hassan, Belgaum,

    Dharwad, Hubli and Uttara

    Kannada. Of the 176 revenue taluks

    in the State, the Western Ghats for-

    ests are spread across 59 taluks. It

    is not possible for the Government

    to force the people out of these re-

    gions." Of the 39 forests for nomi-

    nation from the Western Ghats in

    Kerala, Karnataka, Tamil Nadu, Goa

    and Maharashtra, there are 10 for-

    est zones in Karnataka for which the

    UNESCO tag is being sought.

    These include the wildlife sanctuar-

    ies at Pushpagiri, Brahmagiri,

    Talacauvery and Someshwara,

    apart from the Kudremukh national

    park.

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