Current Affairs 20 Mar 2015

Air Marshal Sohail Aman - appointed as Chief of Pakistan Air Force

  • Prior to this appointment as Chief of Pakistan Air Force, he was helping as Deputy Chief of the Air Staff (Operations) at Air Headquarters, Islamabad. For his meritorious and exceptionally dedicated services, he was awarded with Tamgha-i-Imtiaz, Sitara-i-Imtiaz and Hilal-i-Imtiaz.

Sir Venkatraman Ramakrishnan - appointed as President of Britain’s Royal Society 

  • The Indo-American scientist Venkatraman Ramakrishnan was honoured with the Nobel Prize for Chemistry in 2009 with Ada Yonath and Tom Steitz.
  • He was awarded a knighthood in 2012.
  • He studied how genetic information is translated by the ribosome to make proteins and the action of antibiotics on this process.
  • He was voted as a member of the US National Academy of Sciences, Leopoldina (the German Science Academy), Fellow of the Royal Society in 2003 and a Foreign Member of the Indian National Science Academy.
  • The Royal Society, founded in 1660 is a self-governing Fellowship of many of the world’s most distinguished scientists. Since establishment, the Society has seen 60 Presidents and some of them included Ernest Rutherford, Samuel Pepys, Joseph Banks, Humphry Davy, Isaac Newton and Christopher Wren.

Ramachandran - appointed as vice-chair of International Relations Commission of ANOC 

  •  Indian Olympic Association (IOA) President N Ramachandran was appointed as a vice-chair of the International Relations Commission of the Association of National Olympic Committees (ANOC).
  • The decision of appointment of Ramachandran as a member of ANOC was announced by ANOC President Sheikh Ahmad Al-Fahad Al-Sabah. Ramachandran will be the only Indian on the 14-member Commission, which consists of 205 National Olympic Committees recognised by the International Olympic Committee. It was established in 1979 and has its headquarters in Lausanne in Switzerland.

first Indian Captain to register 100 ODI wins - Mahenra Singh Dhoni

Current Affairs 19 Mar 2015

Indian Oil Corporation is in talks with Nepal Oil 

Corporation for setting up a petroleum product 

pipeline from Raxaul in India to Amlekhganj in Nepal.

  • The proposed pipeline, measuring some 38 Km, would come up at estimated cost of around Rs 200 crore

Air-to-Air missile successfully test fired from ITR 

Chandipur in Odisha - Astra

  • It was test-fired aboard a Sukhoi-30 fighter aircraft.
  • Astra is a beyond visual range air-to-air missile (BVRAAM) that is capable of engaging its target at ranges of 37 km or beyond and has a operational range of 60km.
  • It travels at a supersonic speed (4780 km/h), possesses Single Shot Kill Probability (SSKP) with active radar terminal guidance, uses smokeless propulsion system to evade enemy radars and has the capacity to engage in multi-target scenario.

the app launched by HDFC Bank to transfer money 

instantly to any person in India - Chillr

  • It allows HDFC customers to transact 24 hours a day.
  • Ten transactions per day or 5000 rupees per day and 50000 rupees a month is the transaction limit.
  • The fund can be transferred to any contact in the phone book once the app is downloaded on the phone.
  • The app is safe and can be accessed only with an M-PIN known to the customer alone.
  • Customers can download the app from Play or from iStore.

Department of Consumer Affairs launches a web 

portal "GAMA" (Grievances Against Misleading 

Advertisements) for redressal of grievances against

 misleading advertisements. 

  • It also introduced "Grahak Suvidha Kendras" - one stop consumer service centers, in six cities of Ahmedabad, Bangalore, Jaipur, Kolkata, Patna and Delhi.
  • These new initiatives aims to enhance consumer awareness and strengthen support services to them across the country.

Current Affairs 18 Mar 2015

Ashu Suyash to be the MD & CEO of CRISIL

  • She will join the company from June 1, 2015 replacing Roopa Kudva
  • The post was vacant eversince Roopa Kudva had quit the office last September after a seven-year stint.

The Government has approved for establishment of All

 India Institute of Ayurveda at Sarita Vihar, New Delhi.

  • It has been conceived as an Apex Institute of Ayurveda with 200 bedded referral hospital for imparting education in the field of Ayurveda at MD and Ph.D level.

Snapdeal plans to acquire logistics firm GoJavas to 

boost its delivery operations

  • The deal, estimated to be in the range of 150-200 crore, is the 6th acquisition by the Snapdeal till date.
  • The 2nd biggest e-commerce platform of India, is also going to acquire mobile recharge platform, Freecharge, for about Rs 2,800 crore
  • GoJavas - which works with eCommerce companies like HealthKart, Jabong, Yepme and Lenskart - covers over 2500 pincodes in the country for its delivery operation.
Central Govt. is set to be launch a web portal for Women 

  • Centre is set to launch a web portal with the domain name for safety of women


Sentence Error

1. If the books have been cataloged last week, why haven't they been placed on the shelf?

A. have been cataloged 
B. would have been cataloged 
C. was cataloged 
D. were cataloged 
E. had been cataloged                                                                                    

2. Jessica Mitford wrote The American Way of Death, a best-selling book that led eventually to an official investigation of the funeral industry.

A. that led eventually 
B. that had led eventually 
C. that eventually led 
D. which eventually led 
E. who eventually led                                                                                       

3. Sabotage came from the French saboter, which means "to clatter with wooden shoes (sabots)."

A. which means "to 
B. which means, "to 
C. that means "to 
D. that means-"to 
E. that means, "to

4. When studying an assignment, it is wise to read it over quickly at first, than see the major points, and finally outline the material.

A. first, than 
B. first: then 
C. first-then 
D. first, then 
E. first-than

5. To judge the Tidy City contest, we picked an uninterested party.

A. picked an uninterested party. 
B. picked an interested party! 
C. picked a disinterested party. 
D. are in the process of picking an uninterested party. 
E. picked an disinterested party.

6. Linda decides they had better scram before the killers find them.

A. had better scram 
B. had better leave 
C. should hurry and scram 
D. could hurry and leave 
E. had better get out

7. I really dug the character of Brutus.

A. dug 
B. thought about 
C. thought of 
D. admired 
E. gazed at

8. Once upon a point a time, a small person named Little Red Riding Hood initiated plans for the preparation, delivery and transportation of foodstuffs to her Grandmother.

A. and transportation of foodstuffs to her Grandmother. 
B. and transportation of food stuffs to her Grandmother. 
C. and transportation of food supplies to her Grandmother. 
D. and transportation of foodstuffs to her grandmother. 
E. and, transportation of food supplies to her grand mother.                                      

9. The setting of a story effects the story's plot.

A. effects the story's plot. 
B. effects the stories plot. 
C. affect the story's plot. 
D. affects the story's plot. 
E. affects the story's plots.                                                                                       

10. Arctic trees are scrubbiest than trees in milder climates.

A. scrubbiest than trees 
B. scrubbier then trees 
C. scrubbiest than are trees 
D. scrubbier than are trees 
E. scrubbier than trees

11. Quebec rises in a magnificent way above the St. Lawrence River.

A. rises in a magnificent way above 
B. rises in a magnificent way, way above 
C. rises magnificently above 
D. rises magnificently way above 
E. is raised in a magnificent way above

12. Someone gives the school gerbils every year.

A. Someone gives the school gerbils 
B. Some one gives the school gerbils 
C. Some one gives the School gerbils 
D. There is a person that gives the school gerbils 
E. An individual gave gerbils

13. During colonial days, a school room looked rather empty.

A. colonial days, a school room looked 
B. colonial days, a schoolroom looked 
C. colonial days; a schoolroom looked 
D. colonial days; a school room looked 
E. colonial days-a schoolroom looked

14. The helium-filled balloon rose in the air.

A. rose in the air. 
B. was rising in the air. 
C. was in the air. 
D. rose into the air. 
E. would rise in the air.

15. If I had the address, I would have delivered the package myself.

A. had the address, 
B. had the address; 
C. had the address- 
D. had had the address; 
E. had had the address,

16. Do you know that these gloves have lay on the bureau all week?

A. have lay on 
B. have laid on 
C. would lie on 
D. had laid on          
E. have lain on 

17. If I would have known about the team tryouts, I would have signed up for them.

A. had known 
B. would have known 
C. could of known 
D. had been told 
E. could have been told

18. If he would have revised his first draft, he would have received a better grade.

A. would have revised 
B. had revised 
C. could of revised 
D. had of revised 
E. would revise

19. Valarie claims that cats made the best pets.

A. made the best pets. 
B. could be the best pets. 
C. are the best pets. 
D. make of the best pets. 
E. make the best pets.

20. By next month, Ms. Jones will be Mayor of Tallahassee for two years.

A. will be Mayor of Tallahassee 
B. will have been Mayor of Tallahassee 
C. will be mayor of Tallahassee 
D. will have been mayor of Tallahassee 
E. could have been mayor of Tallahassee


1. D: "Last week" dictates simple past tense "were." Present perfect "have been" (A) refers to the status now of something already accomplished in the past-e.g. "have been cataloged since last week." Subjunctive present perfect "would have been" (B) is never used in a conditional "If" clause/phrase, only as its complement ("If..., then they would..."). Singular "was" (C) disagrees with plural "books." Past perfect "had been" (E) would require "why hadn't they been.../weren't they...?" to agree.
2. C: With an indirect object, the transitive verb and preposition should be a unit, i.e. "led to" here, like "take from," "give to," etc., uninterrupted by the modifying adverb "eventually." "Who" (E) only applies to people, not inanimate objects like books.
3. A: No punctuation should be placed between "means" and "to" here. Hence a comma [(B), (E)] or dash (D) is incorrect. A nonrestrictive relative clause introduces additional information, requiring a comma and "which"-not "that" [(C), (D), and (E)]. "That" is used without a comma and only with a restrictive relative clause, i.e. one that is necessary to understand the meaning of the noun it modifies.
4. D: "Then" is an adverb indicating time or sequence here. "Than" [(A), (E)] is a conjunction indicating comparison, e.g. "He is taller than I am" or "We would rather go now than later." When listing three sequential steps as in this sentence, the comma after the first and second steps is correct punctuation; a colon (B) or hyphen [(C), (E)] is incorrect.
5. C: The correct word choice for this sentence is "disinterested," meaning not personally involved or invested and (presumably) impartial. "Uninterested" means literally not interested, i.e. oblivious or not caring. In this context, they would not pick an "interested" party to judge a contest, and the exclamation mark (B) is inappropriate punctuation. "An" (E) is incorrect preceding a consonant.
6. B: "Scram" is a slang word meaning "leave," a more acceptable choice when writing (excepting intentional slang like Mark Twain used in dialogue, narrative, etc.). "Could" (D) means they can leave, whereas "had better" and "should" means they ought to leave. "Get out" (E), similarly to "scram," is less acceptable than "leave."
7. D: "Admired" is an acceptable word in writing for the desired meaning, whereas "dug" (A) is slang. "Thought about (B), "thought of" (C), and "gazed at" (E) do not convey the same meaning at all.
8. D: When used as a noun rather than a name (proper noun), "grandmother" is not capitalized. Used either way, it is still one word, not two (E); the same is true of "foodstuffs" (B).
9. D: To affect means to influence. This meaning, and hence this spelling, apply here. To effect [(A), (B)] means to cause, initiate, create, implement, or accomplish. "Stories" (B) is plural, not possessive. "Affect" (C) goes with a plural, not singular, subject. "Plots" (E) is plural, not singular.
10. E: When comparing two things, the comparative "-er" is used rather than the superlative "-est," which is only used when comparing more than two things. The adverb "than" is used with the comparative, not the conjunction "then" (B), which indicates time sequence (e.g. "and then..."), cause and effect (e.g. "If...,then..."). Adding "are" (D) is unnecessary.
11. C: The adverb "magnificently" modifies the verb "rises" and reads more appropriately and concisely than the phrase "in a magnificent way." "Way above" [(B), (C)] is slangy and does not express the intended meaning. If it did, "far above" would be more correct. Passive-voice "is raised" (E) connotes a different meaning (i.e. is set higher) than active-voice "rises" (i.e. appears) in this sentence.
12. A: "Someone" is one word, not two [(B), (C)]. "There is a person that" (D) differs semantically and grammatically, meaning someone exists who gives the school gerbils rather than someone gives the school gerbils; also, "who" is preferable over "that" when referring to people. The meaning is changed by past tense "gave" (E); i.e. an individual/someone gave the school gerbils every year but no longer does, vs. someone still gives the school gerbils every year.
13. B: "Schoolroom" is one word, not two [(A), (D)]. A semicolon separates independent clauses or phrases containing internal commas, but is incorrect between a phrase and a clause [(C), (D)]. A comma, not a dash (E), is used between the introductory prepositional phrase and the independent clause it modifies.
14. D: The correct preposition with verbs expressing movement or placement is "into," not "in" [(A), (B), (C), (E)], a common error. We place something into a container, not in it; things move into the air, not in it. "In" denotes something is already there rather than moving/being moved there.
15. E: Since this entire conditional-subjunctive sentence construction is in the past, the correct conditional form is past perfect "If I had had" rather than present perfect "if I had" [(A), (B), (C)] with the present perfect subjunctive "I would have." The correct punctuation between conditional "if" and subjunctive "would" parts is always a comma, never a semicolon [(B), (D)] or a dash (C).
16. E: The present perfect intransitive "to lie" is "have lain," not "have lay" (A), "have laid" (B), or "had laid" (D), which latter two are only transitive, e.g. "She has laid the gloves on the bureau every day" or "I saw a pair of gloves she had laid on the bureau." The conditional "would lie" (C) is only grammatical with a conditional, e.g. "...would lie on the bureau all week unless you moved them," also conveying a different meaning.
17. A: Conditional-subjunctive ("If...then") constructions set in the past use past perfect ("If I had known") for the conditional, and present perfect ("I would have signed up") for the subjunctive, because "If" comes earlier and "then" later. Adding the subjunctive "would"/"could" to the conditional as well (B) is incorrect. Substituting the preposition "of" for the auxiliary verb "have" (C) is always incorrect. "Had been/could have been told" [(C), (D)] differs in meaning from "had known."
18. B: With conditional-subjunctive constructions, never add the subjunctive auxiliary verb (would/could/would have/could have) to the conditional (If) half [(A), (C), (E)]; it is only used in the subjunctive half. It is never correct to substitute the preposition "of" for the auxiliary verb "have" [(C), (D)].
19. E: To agree with the present-tense predicate "claims," the dependent clause must also be present-tense "make," not "made" (A). "Could be" (B) and "are" (C) alter the sentence meaning. "Make of" (D) is not a valid construction in this sentence structure, makes no sense, and means nothing.
20. D: "By next month" used together with "for two years" indicates something that will be completed in the future, so future perfect "will have been" is the correct tense. "Will be" [(A), (C)] means she will be mayor for two years beginning in the future. Moreover, "Mayor" [(A), (B)] is incorrectly capitalized: it is not used as a title/name here (like "Mayor Jones"). "Could have been" (E) changes the meaning.

Test on Fill in the blanks

Directions: Complete the sentence using the word or set of words for each blank that best fits the meaning of the sentence as a whole.

1. Despite his growing wealth and power, Teddy remains ______ man.

       A. a humble                                         B. an irritable        
       C. a greedy                                          D. an intelligent

2. Because Mary is so ______, she is ______.

       A. friendly … despised                     B. unpleasant … unpopular       
       C. generous … wealthy                    D. strange … fortunate

 3. Some snakes are very ______, so you should take caution if you see one.

       A. dangerous                                     B. slippery                    
       C. careful                                           D. favorable

4. Donald was not ______ and had to go to the doctor so that he wouldn’t be ______ anymore.

       A. tall … smooth                               B. beautiful … pretty                
       C. healthy … sick                              D. rich … poor

5. Though cats are known for being unfriendly, most of the cats I know are ______ and ______.

       A. lovely … ugly                               B. skillful … furry        
       C. strong … athletic                         D. kind … gentle

 6. Billy cannot play the piano very well, since he ______ practices.

       A. sometimes                                    B. usually                         
       C. always                                          D. never

7. I cannot ______ the price of a ticket, so I cannot see the movie.

       A. buy                                               B. save       
       C. donate                                          D. afford

8. Although the desert gets very hot during the day, it is very ______ at night

       A. dry                                               B. humid          
       C. cold                                              D. lonely

9. Jared placed the plant ______ the other two plants, so that it was in the middle.

      A. between                                        B. over                       
      C. through                                        D. outside

10.Even though I knew the rock weighed a lot, it was still ______ than I thought I would be.

      A. lighter                                          B. larger       
      C. heavier                                         D. sharper


Answers and Explanations
1) A The main clue in this sentence is the word “despite,” which means that two things are related in a negative or opposite way. This means that the correct answer choice will set up an opposite relationship between Teddy’s growing wealth and power and some other characteristic of his. People usually expect a wealthy, powerful person to be mean and arrogant, so Teddy must have been the opposite of that. Humble means modest or unassuming, so choice (A) is correct. (B) is incorrect because it does not set up an opposite relationship. Since irritable means easily angered or upset, it is possible to be wealthy and irritable at the same time. (C) is incorrect because it does not set up an opposite relationship. Since greedy means having a selfish desire for wealth, it is possible to be wealthy and greedy at the same time. (D) is incorrect because it does not set up an opposite relationship. Teddy may or may not be an intelligent man, since intelligent means smart, but we cannot tell from the question. Wealth and power do not affect intelligence.

 2) B The main clue in this sentence is the word “because,” which means that two things progress in a logical way. The answer choice will involve a logical cause-and-effect relationship. Unpleasant and unpopular have such a relationship. Someone who is unpleasant is mean to others and does not make friends very easily. If Mary is unfriendly, she will not be popular or wellliked, meaning she would be unpopular. This is a logical consequence of being unfriendly. Choice (B) is correct. (A) is incorrect because it does not set up a logical relationship. Friendly people are not despised, because friendly means kind and despised means hated. (C) is incorrect because it does not set up a logical relationship. Generous people are not necessarily wealthy, since generous just means willing to share and wealthy means rich. Someone can be willing to share without being rich. (D) is incorrect because it does not set up a logical relationship. Strange people are not usually considered fortunate, since strange people are odd people, and fortunate people are lucky.

 3) A The main clue in this question is the phrase “take caution.” This means that you should be careful. The word “so” means that two events progress in a logical way. The answer choice will involve a logical cause-and-effect relationship that results in being careful. If something is dangerous, it can cause harm. This would mean you should be careful to make sure that you do not get hurt, then, which makes sense. Choice (A) is correct. (B) is incorrect because it does not set up a logical relationship. There is no reason to take caution around animals that are slippery, because being slippery does not imply that an animal can hurt you. Slippery just means slick or difficult to hold. (C) is incorrect because it does not set up a logical relationship. Careful means cautious. This word describes what you should be when you’re around snakes, but it does not describe what the snakes themselves are. (D) is incorrect because it does not set up a logical relationship. There is no reason to take caution around animals that are favorable, because favorable means beneficial or good. There is no reason to be cautious around something good.

4) C The main clue in this question is the phrase “so that he wouldn’t be.” This means that there will be an opposite relationship between the missing words. One describes what Donald was not, while the other describes what he wouldn’t be anymore. One goes to the doctor when one is ill. Donald must not have been well and wanted not to be ill anymore. Because healthy means well and sick means ill, choice (C) is correct. (A) is incorrect because it does not set up a logical, opposite relationship. A tall person is one who is large in height. A doctor cannot make someone no longer be smooth, since smooth means even in surface. (B) is incorrect because it does not set up a logical, opposite relationship. Beautiful means very attractive, while pretty means attractive. So, these words have almost the same meaning. (D) is incorrect because it is not logical. Rich means wealthy, while poor means needing money. One does not go to the doctor to gain money.

 5) D The main clue in this question is the word “and,” which sets up an equal relationship between two or more things. This means that the correct answer choice will involve two equal characteristics of cats. The other clue here is that most expect cats to be “unfriendly,” but the cats in question are the opposite of that, since “though” indicates opposite relationships. Kind means friendly, while gentle means kind or tender, so both words have similar meanings. This means choice (D) is correct. (A) is incorrect because it does not set up an equal relationship. Cats cannot be both lovely and ugly at the same time, because these words are opposites. Lovely means pretty, while ugly means unattractive. © Copyright Read Theory LLC, 2012. All rights reserved. 3 (B) is incorrect because it does not set up an equal relationship. Skillful means having skills or abilities, while furry means covered in fur or hair. These words have nothing in common. (C) is incorrect because it does not set up an equal relationship. Strong means having strength, while athletic means strong and fit. These words are similar, but they are not the opposite of “unfriendly.”

6) D The main clue in this question is “Billy cannot play the piano very well.” A piano player gets better by practicing, so Billy must not practice often. Never means not ever, so choice (D) is correct. (A) is incorrect because sometimes means occasionally. Even if you only sometimes practice, you will get better at playing the piano. (B) is incorrect because usually means typically or on a regular basis. If you usually practice, you will be able to play the piano well. (C) is incorrect because always means constantly. If you always practice, you will be able to play the piano very well.

7) D The main clue in this question is the word “so,” which means the sentence has a cause-and-effect relationship. The effect of the missing word is that the person cannot see the movie. One can see a movie if he or she buys a ticket, so the person must not have enough money to buy a ticket. Afford means to have enough money to pay for something, so choice (D) is correct. (A) is incorrect because buy means to purchase, but one cannot purchase the price of a ticket. Instead, one would purchase a ticket, not its price. (B) is incorrect because save means to rescue. No one could possibly rescue the price of something. This does not make logical sense. (C) is incorrect because donate means to give away, but one does not donate money to get a ticket. A ticket is something that is bought and sold.

8) C The main clue in this question is the word “although,” which indicates that two things are related in a negative or opposite way. This means that the correct answer choice will set up an opposite relationship between the temperature of the desert in the day and night. If it is hot in the day, it will be the opposite of hot at night. The opposite of hot is cold, so choice (C) is correct. (A) is incorrect because it does not set up an opposite relationship. Dry means lacking water, not the opposite of hot. (B) is incorrect because it does not set up an opposite relationship. Humid means moist or damp, not the opposite of hot. (D) is incorrect because it does not set up an opposite relationship. Lonely means isolated or without people, not the opposite of hot.

9) A The main clue in this question is the phrase “so that it was in the middle,” which suggests a cause-and-effect relationship. Jared must have placed the plant in the middle of the other two. Between means in the middle of, so choice (A) is correct. (B) is incorrect because it does not set up a logical relationship. Over means above or on top of, not in the middle of something. (C) is incorrect because it does not set up a logical relationship. Through means moving in one side and out the other of something, not in the middle of something. (D) is incorrect because it does not set up a logical relationship. Outside means situated on the exterior or outer part of something, not in the middle of something.

10) C The main clue in this question is the phrase “I knew the rock weighed a lot.” The sentence makes it clear that the narrator expected the rock to weigh a lot but was still surprised by how much it weighed. This means that the correct answer choice will suggest the rock weighs a lot. Heavier means of greater weight, so choice (C) is correct. (A) is incorrect because lighter means lesser in weight. This is the opposite of the right answer. (B) is incorrect because larger means of greater size. This is not the best answer choice because being bigger is not the same as weighing more. (D) is incorrect because sharper means having a pointier edge. This has nothing to do with weight.

Current Affairs 17 Mar 2015

Ashu Suyash Appointed As Managing Director And 

Chief Executive Officer Of CRISIL

Credit Rating Information Services of India Limited has appointed Ashu Suyash as Managing Director and Chief Executive Officer of the company. She will succeed Roopa Kudva  who served CRISIL as MD and CEO from 2007 to Sept 2014.

Ajit Kumar Rath New ED For Andhra Bank

Ajit Kumar Rath has joined Andhra Bank as an Executive Director. Before the present assignment, Rath had served as General Manager (IT) and chief information officer in Union Bank of India.

Lewis Hamilton Wins Australia Grand Prix (F-1)

Mercedes driver Lewis Hamilton won the Australian Grand Prix title. Hamilton led from start to finish and beat his teammate Nico Rosberg by 1.3 seconds at the Albert Park circuit, with Sebastian Vettel finishing third in his first race for Ferrari.

China Becomes The Third Biggest Arm Exporter

China has gone ahead of Germany to become the world's third-biggest arms exporter, China has climbed to 5 per cent of the market from 3 per cent in the 2009-2014. China was ranked ninth among exporters of warplanes, ships, side arms and other weaponry, said the institute, known as SIPRI.

Centre Launches Nationwide Drinking Water And 

Sanitation Awareness Week

The Center launched a National Rural Drinking Water and Sanitation Awareness Week at Village Kankrola-Bhanglora of Gurgaon District in Haryana. The week long campaign inaugurated by Shri Birender Singh, Union Minister for Rural Development, Drinking Water and Sanitation and Panchayati Raj will conclude at Kohima, Nagaland on 22nd March commemorating the celebration of World Water Day.

SIPRI Released Trends In International Arms 

Transfers 2014 Report

Stockholm International Peace Research Institute (SIPRI) on 16 March 2015 released Trends in International Arms Transfers 2014 report. According to it, India is the world's largest importer of weapons and military equipment, accounting for 15 percent of global imports, with Russia being its majority supplier.

Sector wise Highlights of Union Budget 2015


  • Abolition of Wealth Tax.
  • Additional  2%  surcharge  for the  super  rich  with  income  of over Rs. 1 crore.
  • Rate  of  corporate  tax  to  be reduced to 25% over next four years.
  • Total  exemption  of  up  to  Rs. 4,44,200 can be achieved.
  • 100%  exemption  for contribution  to  Swachch Bharat, apart from CSR.
  • Service tax increased to14 percent.

  • Agriculture

    • Rs.  25,000  crore  for  Rural Infrastructure  Development Bank.
    • Rs.  5,300  crore  to  support Micro Irrigation Programme.
    • Farmers  credit  ­  target  of  8.5 lakh crore.

    • Rs.  70,000  crores  to Infrastructure sector.
    • Tax­free  bonds  for  projects  in rail road and irrigation.
    • PPP  model  for  infrastructure development  to  be  revitalised and  govt.  to  bear  majority  of the risk.
    • Rs.  150  crore  allocated  for Research & Development.
    • NITI  to  be  established  and involvement  of  entrepreneurs, researchers  to  foster  scientific innovations.
    • Govt.  proposes  to  set  up  5 ultra  mega  power  projects, each of 4000MW.

    • AIIMS  in  Jammu  and  Kashmir, Punjab,  Tamil  Nadu,  Himachal Pradesh, Bihar and Assam.
    • IIT in Karnataka; Indian Institute of Mines in Dhanbad to be upgraded to IIT.
    • PG institute of Horticulture in Armtisar.
    • Kerala to have University of Disability Studies.
    • Centre of film production, animation and gaming to come up in Arunachal Pradesh.
    • IIM for Jammu and Kashmir and Andhra Pradesh.
    • Rs. 2,46,726 crore for Defence.
    • Focus on Make in India for quick manufacturing of Defence equipment.
    Welfare Schemes
    • 50,000 toilets constructed under Swachh Bharath Abhiyan.
    • Two other programmes to be introducedGST & JAM Trinity. GST will be implemented by April 2016.
    • MUDRA bank will refinance micro finance orgs. to encourage first generation SC/ST entrepreneurs.
    • Housing for all by 2020.
    • Upgradation 80,000 secondary schools.
    • DBT will be further be expanded from 1 crore to 10.3 crore.
    • For the Atal Pension Yojna, govt. will contribute 50% of the premium limited to Rs. 1000 a year.
    • New scheme for physical aids and assisted living devices for people aged over 80 .
    • Govt to use Rs. 9000 crore unclaimed funds in PPF/EPF for Senior Citizens Fund.
    • Rs. 5,000 crore additional allocation for MGNREGA.
    • Govt. to create universal social security system for all Indians.
    Renewable Energy

    • Rs. 75 crore for electric cars production.
    • Renewable energy target for 2022: 100K MW in solar; 60K MW in wind; 10K MW in biomass and 5K MW in small hydro.


    • Develpoment schemes for churches and convents in old Goa; Hampi, Elephanta caves, Forests of Rajasthan, Leh palace, Varanasi , Jallianwala  Bagh, Qutb Shahi tombs at Hyderabad to be under the new toursim scheme.
    • Visa on Arrival for 150 countries.