Memorable Points : Archive 13

On WPI Inflation:
The WPI inflation is no longer driven by the supply side factors. WPI Inflation (non food items) was negative 0.4% in November 2009 and it rose sharply to 53.3% by March 2010. The inflationary pressures were driven by the food items initially and were more generalized later on. Please note that non-food items have 52.2 % weight in WPI

Base Rate System Effective Date:
Please note that Base rate System of loan pricing will replace the BPLR system with effect from July 1, 2010.

RBI’s Financial Literacy Site is available in 13 languages:
Assamese,Bengali,English,Gujarati,Hindi,Kannada,Malayalam,Marathi,Oriya,Punjabi,Tamil,Telugu,Urdu

International Network on Financial Education
Organization for Economic Co-operation and Development (OECD) (established 1948, members 30, secretariat : Paris, Secretary General José Ángel Gurría) has established the International Network on Financial Education (INFE) in mid-2008, which brings together senior government officials from both OECD member countries and nonmember economies to discuss issues, new developments, experiences and programmes related to financial education.

SBI EXPRESS REMIT
State Bank of India is facilitating a similar service SBI EXPRESS REMIT to remit to India from USA / UK with services 24 X 7 without visiting any branch/bank.

India’s Forests:
Tropical Moist Deciduous 37% and Tropical Dry deciduous 29% approximately

Contribution of Nuclear Electricity in total electricity Supply of a few countries:
France 78%, South Korea 39%, Hungary 38%, Germany 32%, Japan 30% all figures approximate fractions of total electricity supply

Indian States with Highest Wind Power installed Capacity:
Tamil Nadu (4301.63 MW)
Maharastra (1942.25 MW)
Gujarat (1565.61 MW)
Karnataka (1340.23 MW)
Rajasthan (738.5 MW)
Madhya Pradesh (212.8 MW)
Kerala (26.5 MW)
West Bengal (1.10 MW)

Top Five states of India:
Area Wise: Rajasthan, Madhya Pradesh, Maharastra, Andhra Pradesh, Uttar Pradesh
Population Wise: Uttar Pradesh, Maharastra, Bihar, West Bengal, Andhra Pradesh”

Top five users of Nitrogenous fertilizers :
China , U.S, France, Germany, Brazil , Canada

Principle Tribes of Arunachal Pradesh
Adi, Nishi, Apatani, Tagin, Mishmi, Khampati, Nocte, Wancho, Tangsha, Singpho, Monpa, Aka, Sherdukpen

Gambit
Gambit is a chess opening. The opening player sacrifices usually a pawn, with the hope of achieving a resulting advantageous position. Terms related to Chess: X-ray, Zugzwang, Zwischenzug, En passant are some more peculiar terms in Chess

Some personalities:
Luiz Inácio Lula da Silva is known as Lula and is current president of Brazil. J.T. Wang is a chairman of Acer group from Taiwan, Yukio Hatoyama is prime Minister of Japan (Former, he was succeded by Naoto Kan in June 2010) , Salam Fayyad is currently prime minister of Palestine National Authority, Mark Carney is Governor Bank of Canada

Benelux:
Belgium, the Netherlands, and Luxembourg, Benelux Parliament was established by an agreement signed by Belgium, the Netherlands and Luxembourg on November 5, 1955, which means it already existed when the Benelux Union was signed on February 3, 1958.

Dilwara:
Dilwara is located 2.5 kms from Mount Abu in Rajasthan. They are famous all over world for their Jain temples. These temples were built by Chalukya Kings in 11th to 13th centuries AD. The excellent use of marble make them famous. Please note that Mount Abu is the only hill station of Rajasthan

Wolfram:
Tungsten. The bulb filament is made up of Tungsten. Because, it has the highest melting point of all the non-alloyed metals and the second highest of all the elements after carbon. Its melting point is 3422 °C or 6192 °F.

SO2:
Sulfur dioxide can be easily condensed and possesses a high heat of evaporation. Prior to the development of freons, sulfur dioxide was used as a refrigerant in home refrigerators.

Sodium Benzoate:
Sodium benzoate has bacteriostatic and fungistatic properties under acidic conditions, so in most acidic foods like pickles, salad dressings, carbonic drinks, jams, Juices, condiments it is used as a food Preservative. Sodium benzoate is also used in mouthwash and some cough syrups. Please note that Borax is used in detergents, cosmetics, and enamel glazes. In chemistry labs in making buffer solutions in biochemistry. Borax is used as a flux by Goldsmiths and also in metallurgy.

Vulcanization:
Vulcanization is a chemical process for converting rubber more durable materials via the addition of sulfur (in most cases). The sulphur modifies the polymer by forming cross links (bridges) between individual polymer chains. Vulcanized rubber is less sticky and has superior mechanical properties. The name of Vulcanization is derived from Vulcan, Roman god of fire.

Vein with oxygenated blood
Pulmonary vein carries blood from the lungs to the left atrium of the heart. This blood is Oxygenated. Rest all veins carry deoxygenated Blood. The Pulmonary arteries which carry blood from the heart to the lungs are the only arteries that carry deoxygenated blood. however, exception to this are umbilical arteries in the foetus.

Vitamin K
The name of the Vitamin K is derived from Koagulations-Vitamin in German language. They are most required in Blood coagulation. Please note that Vitamin K2 is produced in large intestine by bacteria. Vitamin K1 and K2 are naturally formed vitamins. K1 is also known as phylloquinone. The synthetic vitamins are K3, K4, and K5. Sources of Vitamin K1 are leafy green vegetables such as spinach, cabbage, kale, cauliflower, broccoli, and brussels sprouts. Henrik Dam, a Danish scientist, and Edward Adelbert Doisy, an American scientist had discovered the Vitamin K and shared the 1943 Nobel Prize for medicine for their work on vitamin K (K1 and K2) published in 1939.

Charak Samhita:
Charak Samhita is oldest of the ancient treatises of Ayurveda. Another is Sushrut Samhita which was composed by sushrut and Maharishi Sushrut is also known as Father of Indian Surgery. Please note that Samudrika Shastra is the knowledge of the body features.

Kanchipuram:
Kanchipuram is the district and Mahabalipuram or Mamallapuram is town. Its home to UNESCO World Heritage Site temples of Mahabalipuram. These temples were created between 7th to 9th century by Pallava Kings. The Mamalaa was the Pallava King after whose name the town derives its name.

Italian of the East:
“Telugu was named “”Italian of the East”” by Niccolò de’ Conti , an Italian Traveler from Venice. He had visited Vijayanagar empire in 16th century (Before 1555). he found that words ending with vowels in Telugu are similar to Italian.”

Uses of Baggasse & Molasses
Please note that apart from Paper and pulp industry, Baggasse is also used as a primary fuel source for sugar mills; when burned in quantity, it produces sufficient heat energy to supply all the needs of a typical sugar mill, with energy to spare. Molasses is a different substance. While baggasse is what is left after extracting juice from sugar cane, Molasses is a viscous byproduct of the processing of sugar cane or sugar beets into sugar. Molasses is used as a base material for fermentation into rum and as the carbon source for in situ remediation of chlorinated hydrocarbons.

Trace Gases:
Please note that Carbon Dioxide and methane are also trace gases. Argon is most abundant and is 0.934% of the atmosphere. All gases which have a less than 1% by volume of the Earth’s atmosphere are trace gases. Argon is produced by radioactive decay of K-40 in the earth’s rocks.

Rain Shadow:
Eastern Slopes of Western Ghats fall in the rain shadow region and that is why they receive rainfall rarely.

Credit Creation by Banks:
Credit creation by banks increases in boom and decreases in Recession. Apart from this it depends upon demand and supply conditions, liquidity of the banks, banking habits of the people, development of banking facilities. Credit creation affects money supply of the country. Financial literacy as such does not affect the credit creation.

Euribor:
Euribor (Euro Interbank Offered Rate )is similar to LIBOR (London Interbank Offer rate)

World’s Largest Carbon Credit Project:
Bachat Lamp Yojna is world`s largest carbon credit project that will help replace 400 million incandescent light bulbs with energy saving CFL bulbs at dirt-cheap prices in a year while preventing 40 million tonnes of carbon from entering the atmosphere annually. The project, which will allow the government, investors, discoms and CFL manufacturers to sell CFLs at Rs 15 each, instead of the Rs 100 they currently cost on average, has been approved by the UN under the global carbon credit scheme called Clean Development Mechanism. Times of India May 2, 2010

Livestock census in India:
Livestock census is done every 5 years. The last census was 18th Livestock census 2008. Previous was 17th Livestock census which was done in 2003.

Next FIFA World Cup
Brazil is hosting the competition for second time, the first being the 1950 FIFA World Cup. Brazil will become the fifth country to have hosted the FIFA World Cup twice, after Mexico, Italy, France and Germany.

Bharat ka Paryavaran Ambassador
This poll was part of the CO2 Pick Right- Kaun Banega Bharat ka Paryavaran Ambassador Programme conducted by the Centre for environment Education in partnership with Arcelor Mittal, for the Ministry of Environment and Forest Government of India.In this nation-wide campaign conducted over period of 18 months in over 70,000 schools have sent in their votes. Children voted their teachers, environmentalists, and celebrities. Dr. APJ Abdul Kalam emerged as the most popular children`s choice.

Major Sectors receiving FDI in India:
Major sectors receiving FDI equity inflows during 2009: Services sector (US $ 2.63 billion); Telecommunication (US $ 2.01 billion); Housing & Real estate (US $ 1.89 billion); Agriculture Services (US $ 1.30 billion); Power (US $ 1.20 billion). Major source countries: Mauritius, USA, Singapore, Cyprus and Japan in decreasing order for 2009.

Some rural postal life insurance Schemes:
Gram Suraksha, Gram Santhosh, Gram Suvidha, Gram Priya , Gram sumangal all are rural postal life insurance schemes

India’s First medical college in Rural surroundings:
Kasturba Health Society is India`s first and foremost medical college located in rural surroundings . It is located In Wardha in the vicinity of Wardha medical College.

Carbon footprint:
Please note that Carbon footprint is amount of carbon dioxide released in the atmosphere everyday by an electronic gadget / organization. The quantity of all green house gases put together required to maintain the temperature of the environment at a fixed level of 30 degree C at nodal points in the country is also referred to as carbon foot print. The second statement a unit under the Kyoto Protocol representing a reduction of greenhouse gases under the Joint Implementation mechanism is the definition of Emission Reduction Unit, while statement C is emission trading.

Florence Nightingale Award:
The award is given to the outstanding nursing personnel employed in Central, state, union territories and voluntary organizations.

Mahila Samakhya
Mahila Samakhya programme was launched in 1988 and aims to impart education and empowerment of women in rural areas, particularly of women from socially and economically marginalized groups.

Maternal Mortality Ratio
Maternal Mortality Ratio (MMR) in India has declined from 301 per 100,000 live births (2001-2003) to 254 per 100,000 live births (2004-06). This translates into approximately 67000 maternal deaths per year.

Credit to the priority Sector:
Credit to the priority sector grew by 15.4 per cent on year-on-year basis The disbursement of credit to the agricultural sector exceeded the target by 4 per cent. The banking system has disbursed credit of Rs. 2,92,437 crore to this sector, as against the target of Rs. 2,80,000 crore (provisional) for agricultural credit in 2008-09. The total number of farmers financed by the banking system was 94.90 Lakh. The total credit flow to agriculture during 2009-10 up to October 31, 2009 by commercial banks, cooperative banks and RRBs was of the order of Rs. 1,65,439.37 crore, amounting to 51 per cent of the annual target of Rs. 3,25,000 crore.

National River Conservation Plan
National River Conservation Plan (NRCP) was launched in 1995 with an objective to improve the water quality of the major rivers in the country through implementation of various pollution abatement works. This programme currently (by the April 2010) covers 167 towns along polluted stretches of 38 rivers spread over 20 States.

Expo 2010
Expo 2010 is being held on banks of Huangpu River in the city of Shanghai from May 1 to October 31, 2010., theme is Better City – Better Life. It is most expensive Expo in the history of the world`s fairs & also the largest World`s Fair site ever at 5.28 square km
The 13 countries are : Burma; China; Eritrea; Iran; North Korea; Saudi Arabia; Sudan; and Uzbekistan, Iraq, Nigeria, Pakistan, Turkmenistan and Vietnam.

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