Is Introduction of Automobiles Harmful to Society

Is Introduction of Automobiles Harmful to Society? Introduction of automobiles brought significant changes into society and, of course, became rather a controversial issue. The first cars appeared in the XIX century and have undergone significant changes since then. Now any distance is not a problem for people, as they can easily reach any place without much effort by using cars, buses or trains. Automobiles made possible easy communication between countries and united all the nations. Borders were erased for trade and international market was established. I simply can’t imagine how our life would look like without cars. They became so integrated in our lives, that it is now impossible to live without them. Cars became also an attribute of status. Now we can hardly imagine a top- or mid-level manager without an automobile. It became as natural for them as some kind of extremely expensive bag. Of course, they vary in price and characteristics, which also adds to the status indication function. Along with positive consequences, cars also bring about some drawbacks. Everyone is aware that cars contribute greatly into ever increasing level of pollution, as well as run on the fuels that are produced from non-renewable energy sources. All of this brings about significant environmental and economical problems. Besides, the quantity of cars is increasing each day, especially in big cities, which results in long traffic jams, numerous accidents and other unpleasant matters. I am sure that the best way out is using cars wisely. Now scientists are working on types of cars that will not bring so much harm to our planet. In our turn, we have to consider the new variants and, if possible, try to promote them among our friends. In small towns it is better to use bicycles, which will be great not only for the environment, but also for your health. Do You Need A Unique Essay? Order One At WriteMyPapers.org! Did you like an essay example a harmful impact of automobiles on society? We hope you did. It is very important for us not only to prepare the papers you order with us, but provide you with good in our blog. There are so many tips and guides on the web telling about how to write essays of different types, but there can hardly be found free samples of works where you do not need to go through the long registration process. We take care of our customers and this is why we decided show the samples of works in an open access. It help us be helpful for you and to know that you can get our assistance even without asking. We believe that such attitude will make your student experience much better and easier. Otherwise, if the examples of works and our tips do not help, we are always glad to provide you with a real assistance, which means that our writer will do the work for you no matter what the subject and topic are. What Can You Expect From Our Cooperation? We do know that all you need is an essay written from scratch. We know your fears and do our best not to let you down. Together with it, we take care of an assistance you get from us. Service is no less important than the product. This is why we have gathered a team of young support managers who are always available over the phone, through the chat, and by email to help you. We are secure. No one will ever get an idea that we have worked together and that you have ever asked for our help. Feel safe and confident with WriteMyPapers.org.

Essay on Whose Turn Is It to Polish Apple - 1627 Words

CASE 3: Whose Turn Is It To Polish The Apple? GROUP 2 - CASE 3 Whose Turn Is It To Polish The Apple? Page 2 of 5 I. Synthesis Locked in an inward looking, closed culture that was proven effective for quite some time, Apple operated in a double agent corporate environment that eventually turned catastrophic to the organization. The founders, Steven Jobs and Stephen Wozniak, relied on their guiding principles: â€Å"Do your own thing, defy the pessimists and ignore the Establishment.† Such custom gave birth to what would be Apple’s â€Å"insanely great† Mac, largely patronized and loved by users. When the shortcomings of the existing renegade corporate culture started to surface, Apple’s doomsday was inevitable causing changes in the†¦show more content†¦Because of the freedom exercised by every creator in the company, inimitable novelties gave Apple a leadership position in the industry where it belongs. However, the price of corporate liberalism was too expensive as it produced renegades ready to clash with their colleagues in the company to prove their poin t and, thus, causing frictions. ââ€" ª As expounded by Racelis (2005), â€Å"culture has been found to be a completely different component that also may contribute significantly to organizational functioning, in addition to systems, structure and people.† Apple’s anti-thesis corporate culture that ultimately caused mismanagement confirms her assertions and proves unbeneficial to the organization in the end. In effect, the practice became a major cause to the dwindling operations. ââ€" ª In his theory about the dynamics of corporate failure, Sull (1999) demonstrates the disastrous effects of active inertia. He explains that, â€Å"Active inertia is an organization’s GROUP 2 - CASE 3 Whose Turn Is It To Polish The Apple? Page 3 of 5 tendency to follow established patterns of behavior – even in response to dramatic environmental shifts. Stuck in the modes of thinking and working that brought success in the past, market leaders simply accelerate all their tried-and-true activities. In trying to dig themselves out of a hole, they just deepen it.† Just like in the case of Apple, the renegade corporate culture startedShow MoreRelatedSteve Jobs By Michael Fassbender964 Words   |  4 PagesSteve Jobs is another one of those movies that, on paper, may not seem like it would work, but thanks to fantastic filmmakers, it turns into a great project. Focusing on just three key moments in the life of its eponymous lead, played by Michael Fassbender, Steve Jobs is a movie that manages to somehow convey to the audience a significant amount of complexity, a staggering amount of depth, and more than enough humor to make this idea pay off. 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Environmental protection Measures Free Essays

string(106) " whether there is an unsaid requirement for that caution not to be unreasonably or irrationally withheld\." Introduction The Four Main Options for Environmental Protection 1. Legislation 2. Control by Regulatory Bodies 3. We will write a custom essay sample on Environmental protection Measures or any similar topic only for you Order Now Design and Specification 4. Management 1. Legislation Cost – Is it expensive to put into practice or relatively cheap Legislation is a law or a regulation which has been produced or enacted by a legislature or another governing body or the procedure of making it. The aim of the legislations becomes a law which may be known as a bill and may be usually referred to as legislation while it remains under considerations to decide it from other business. Legislations can have many purposes such as to regulate, to authorize, to provide funds, to grant, to declare and to restrict any legislation that has been made. Legislations are introduced by the parliament and it can be introduced by the government who will introduce mainly plans for latest laws or the government and the parliament can also alter the existing laws. Bills are normally establish and launched new latest laws, which the latest law becomes a text of a bill which must be agreed by both House of Commons and the House of Lords who could debate on these proposals. Legislations are very expensive to put into practice as they go through a general process. They have to be updated to fit cotemporary issues or any problems this can be very expensive as the existing law to be changed or altered in any way. There are several disadvantages of legislation and the cost of the legislation is that the house of parliament spends lots of tax money on introducing most up to date or mainly new laws this money can be from time to time be used for to improve the purposes such as building new eco- Friendly houses and as well building leisure centres to keep the environment safe and clean. Effectiveness The Effectiveness of legislation is that the control process is awfully effective for example if someone for example a designer or an client are not following the legislation there could get fined or even there could get prosecuted by the government or whoever is in charge this would mean that client or the designer for example will not be able to carry out other contracts jobs as they will have to make many a variety of court appearances this would lead to a large amount of fine or even a prosecution this depends on what you haven’t followed and as well depends on the judges. However legislations can be very important and as well it can be very ineffective because they might take a long time to put into practice suitable to the possibility of being defeated or overpowered this can be done by the House of Commons or even the House of Lords depending by voting down. Public Perception The General public will have an excellent awareness of this control measure as they believe it will carry out its principle and the purpose, such as waste being controlled and not being allowed to be scatter onto the streets which will keep the streets clean from litter or make less pollution which will cause less health awareness for the general public and even yourself. The general public will feel very thankful and as well there will feel safe if the control measure have been took place this means that there should have barriers or large fences which should be put around the waste landfill sites which will can be controlled and reducing waste which would help the environment to be an eco friendly and as well the water bodies may not be affect them as they may be some endangered species living among us. This will give the public a good outline on the developers as they would see them as eco-friendly. The public will also appreciate fines for developers who do not meet the terms with the regulation, as it would make them feel secure because the developer is more likely to follow the rules to avoid the fine or getting prosecuted. 2. Control by Regulatory Bodies Costs – Is it expensive to implement or relatively cheap Control is a process which is done by working and functioning with the local authorities such as the local council .The planning division and the building control division and as well working with the environment agency. The environment advisor or a counsellor as well as the health and safety executive will be informed if there was a problem on site the reason why this technique is expensive to put in practice or to put into action this is because the local authorities for example the planning division who will have develop and enhance a local plan to outline where the construction is up to standard or if it is allowable. This is not expensive because the plan can be drawn by hand or could be produced on workstation. However the working of the building can also be controlled and as well this could be very expensive as the main branch of the department has to carry out a regular and a standard site inspection and check if there is any problems which have occurred and this will result in costs of hiring a specialist such as a site manager to carry out the inspections and examine the construction site however the working can also when working with an environmental professional of an health and safety executive is also can be expensive because they will require wages and salaries which can be paid on a monthly or even weekly basis. A number of polices will guarantee that the defence allowable and acceptable cost related with a protection and analysis or inquest the procedure, although insures might be in agreement to refund any legal expenses of an investigation where incurred within stage previous written approval therefore there is no clear management or any supervision from the courts as to whether there is an unsaid requirement for that caution not to be unreasonably or irrationally withheld. You read "Environmental protection Measures" in category "Essay examples" Keeping the Insurers closely informed is therefore necessary and very important where regulatory cover is granted, it is very common for policies to restrict liability for example once legal expenses have reached say about ?150,00 often cover is controlled to represent at summary courts, however further there are excluding from cover Crown Court representation or appeals. Some policies particularly provide insurance or protection cover for an aw ard of prosecution costs which can be considerable others do not. Fines cannot be insured against. Costs of Environmental Agency Example of charges 1. Control of major accident hazards (COMAH) charges The charges that cover the costs of the regulations as a collective qualified or skilled of legal bodies in the control of major accident hazards. The Health and safety Executive or an officer known as (HSE) and the environment Agency will regulate or control all the workers for the Control of Major Accident hazards (COMAH). There will ensure that the workers will take all the control measures which it is compulsory and is required to prevent major accidents and the limits their consequences to people and the environment. Types of charge The type of charge which can be produced from the environment agency is a raised charge this means that to recover the costs of which are incurred in carrying out a following functions by examining the top operators and as well examining the safety reports and also communicating the results of the inspection or a review to operators and considering the requests to rearrange agreements of the safety reports and dealing with the application to limit the information with the safety report. In addition eliminating operations which including preparation of the exclusion to observe and discuss with the operators. However the operator will inspect to assess agreements at a top and lower sites this will include all introductory and follow up performance and to investigate complaints and incidents and as well to check the operator compliance with the control of major accidents hazards (COMAH) , although he or she will also be carrying out enforcement actions which will include preparations an d serving of improvement or exclusion and notices and working to assign and select establishments as having potential for effects. For Example: It will cost over approximately ?25 billion to operate and maintain environmental Infrastructure to support existing communities in to 2029. In addition ?3.5 billion is associated with the damage costs from the consequences of potential flooding to properties. It will cost an approximately further ?7 billion to provide, operate and maintain environmental infrastructure to support the rate of housing growth projected roughly about 23,000 homes/annum over the same period. A further ?907 million is associated with the damage costs from the consequences of potential flooding to properties. Total costs link to ?16,528 for each new house. http://www.environment-agency.gov.uk/pagenotfound.aspx?aspxerrorpath=/research/library/data/112233.aspx Effectiveness The reason that the control process control is effective is because they offer developers or the clients or any other people within the construction Industry a clear place where construction has to take place this means that, endangered trees and animals that are protected as their habitats that are not altered or distorted. This means that the control measure achieves its most important goal of protecting the environment however this legislation can be ineffective, as the health and safety executive might unintentionally overlook hazards that are present on the work site e.g. misplacement of highly dangerous materials or any flammable materials. Another reason why that the control measures is very effective is because if the regulatory bodies doesn’t put any control measures into practice everything will collapse for example if a factory is making too much pollution and it is affecting the environment and the regulatory bodies don’t do nothing about it will cause many problems for everyone especially the regulatory bodies will affect them more because there will responsible for eliminating the pollution that is being produce and as well if the regulatory bodies put control measure in place it will help as well it will work which will keep the environment safe and clean from harmful chemicals and as well it will be very effective and useful. Public Perception The public perception of this control measure is they will feel assured that the construction progression is being overseen by professionals. However to this it will give them a good impression and perception on developers who hire the environmental consultants and health and safety executives, by doing this the public will feel that the developers are knowledgeable and experienced. Also if they do not maintain their pollution down that is being produced then, the health and safety officer and environmental agency can impose fines and as well prosecute them as well on them this acts as an inducement for the developers to follow the legislation as well making the public secure. The Perception of this control measure is that the public will feel certain and guaranteed that the construction progression is being eco- friendly which will not harm the environment for example reducing the amount of pollution is being made every day and as well keeping the atmosphere clean which will keep th e environment safe and preventing property to get destroyed such as acid rain which corrodes buildings and other materials goods. 3. Design and Specification Cost – Is it expensive to implement or relatively cheap The cost of Design and Specification is directly related to complex effects. As their add programmers to project, the communication costs will increase with the open place of the total number of programmers. There are that many more connections and links over which the details must be communicated. And, as the customer and programmers drift farther apart, the cost of the most important connection increases. Reducing the cost of communication between the programmers and the customer is important to get the details right efficiently and resourcefully. Design and specifications are very expensive to put into practice because they include things such as solar power, which is done by using solar panels these are quite expensive to buy and install. The building direction is expensive to put into practice because various of factors have to be in practice, such as the positioning of the building to get the most out of the potential of electricity that can be produced e.g. positioning solar panels on the west side of the building to make the most of the amount of sunlight being absorbed. The reason why this can be expensive is because such things like the foundations may need to be high and level. The systems of engineering a specification will be a document which will be a clearly and accurately document which will illustrate the important technical request for example materials , or services including the procedures where it can be a strong minded that the requests have been met. Effectives This control method is not very effective as the weather is not expected. This means that some time large amounts of sunlight might be absorbed by the solar panels but on the other hand some other time very little sunlight may be caught. This means that the costs and troubles of installing the solar panels balance the amount of electricity they generate. Another reason why solar power is not effective is because they are not very cost effective as the savings would cover the costs of installing the solar panels after lengthy time periods sometimes ten years probably more, however they are also very effective as the solar panels have the ability to last a very long time which could reuse over and over gain however it is also a sustainable energy. For Example: The panels are most effective between months and however it can also work even on a cloudy day. Solar panels can be used with existing heating systems, or for best results, in line components such as a hot water cylinder and system controller that can be purchased. Many of us worry about our fuel bills and the environmental impact of our fuel expenditure, while a at no cost and clean source of energy is shining down on us all day. In one minute, the sun gives the world enough energy to meet the earth’s power needs for a year. If you install a solar panel in your house, you are saving into this massive source of free energy, and cutting down your fuel bills which can be very effective. There are also great environmental settlement to solar energy, this is because as it produces no pollution and as well it save us money by using less electricity and using renewable energy which can be used over and over again but however it will cost a bit expensive to install and purchase but you can reuse when ever you want to. Public Perception The public perception for design and specification is good for instance solar power which has more cost effective then things similar to oil or coal. Another reason why the public have a good perception on renewable energy is because they create practically no carbon emissions therefore achieving their principal goal, however many of the public have a negative perception on design and specification, as they might think that solar panels on a roof building mess up the look of it but on the other hand many public have a positive perception on design and specification is that it is cheaper to use solar panel which generates electricity from the sun which save us money because solar panel is a renewable energy which is eco –friendly. Powering a modern house using solar energy helps the environment which will cuts future utility costs and reduces your need for distant oil or other fossil fuels. Solar-powered homes, however, have disadvantages too this is because electricity from so lar power would run everything in the home; the home generates a certain demand, or wattage. The more wattage a family uses, the more costly the solar-powered system would be and the more solar panels would be needed. 4. Management Cost – Is it expensive to implement or relatively cheap The control method of management is high-priced to put into practice, as it is the planning and control of all assets to the understanding and awareness of the building production. This is done by using expensive techniques which are simple environmental impact assessments, improved management on construction sites. These will acquire time which means financial budget as the company could be carrying out the construction procedure instead. The reason why techniques such as improved management on construction site is high-priced this is because the community like site managers have which is needed to be hired and equipment such as skips which to be hired, so that waste material can be separated and recycled in appropriate way. However this control technique can be cheap and economical to put into practice because of these techniques such as communication of in progression being deployable, this is fairly reasonably and practically cheap because they can be carried during toolbox talk’s session and as well can be written on site inductions for new employees. Managers use cost accounting to support decision-making to cut a company’s costs and improve profitability. Effectiveness The control process is quite relatively effective as techniques such as simple environmental impact forms check and observe for instance waste management and thermal efficiency. This makes sure that the developer or the architect or even the building team is not polluting the environment and achieving its purpose of protecting the environment. However another reason why this control method is effective is because a technique such as improved management on construction sites, this is by hiring site manager who have the capability to prevent illegal oil spillages into the soil to prevent it to get contaminated. The way they do this is by deploying things like spillage equipment and build-up tanks, also equipment like skips which are hired and deployed on the sites which means that the construction waste can be separated and recycled so that it can be reused; this reduces carbon emissions and protects the environment. Another way the method is effective is through the techniques of communicating information to employees are being aware of any environmental considerations, such as not dumping waste in a specific area so that it doesn’t rundown into a local river which will not harm the living spices . Management is almost entirely concerned with getting things done and establish how to get things accomplished. In each manager’s intelligence there is a debate over whether more concern should go into low-cost production or to take no notice of it. The best manager is one who achieves a given target while making the best use of all relevant resources. Management Effectiveness in Organizations The Mangers in an organisations are very effective where there will follow the same essential principle. The Managements effectiveness is very efficiency because this will mean it will reach a target with a minimal cost. The more difficult the task is the more difficult is needed to be for example planning, coordination and monitoring to achieve and accomplish success efficiently and resourcefully. The Mangers will also generally consider and think about on a range of types of people, large amounts of money and working to firm timeframes which will create a great challenge for even the best Managers. Leadership is so different because it is about promoting new directions and information but however not executing the existing directions or information efficiently and resourcefully. Performance Management. The Performance management without capacity, there is no way to establish or improve efficiency. The effective manager knows how to connect with employees in monitoring their own performance by retailing and dealing them on the conclusion to them of being completely aware of how they are doing at all times. Effective management entails efficiency such as getting things done with least cost. This means performance management but not treating people like machines. Managers must do the right thing, not just get things right. Managers have resources to invest in People, Material, and a budget. To obtain the maximum return on their investment, managers need to organize or set up their resources where they will achieve the best come back. Doing the right thing is just as much a form of efficiency as doing things right because it entails making the best possible use of a set of resources. Public Perception The public perception for the control process of management is excellent because they will think the developers are doing everything in their power to limit and eliminate the amount of pollution they develop. This makes the public feel assured and certain and as well guaranteed about things like wildlife as they are not in much danger anymore and the public will want the control measure to stay it in place, as it fulfils its purpose. These need to be suitable to use and should not overlook the built-up environment. Making space for waste management is therefore a main concern in planning and design. New houses, schools, hospitals, commercial buildings and public spaces need to be designed with this in mind. Similar facilities need to be retrofitted into existing buildings and spaces. References http://www.st-andrews.ac.uk/~dib2/atmos/control.html http://www.environment-agency.gov.uk/research/library/data/112233.aspx How to cite Environmental protection Measures, Essay examples

International Planning Prevention Of Abuse -Myassignmenthelp.Com

Question: Discuss About The International Planning Prevention Of Abuse? Answer: Introduction In this report, income tax provisions and rules of corporate bodies have been taken into consideration. This report is prepared on the Woolworths company which has charged income tax and prepared its financial statements as per the income tax rules and regulations. After evaluating the annual report of company, it is evaluated that equity capital of company is accompanied with the three main parts namely, contributed capital, retained earnings and reserve of company. The equity capital of Woolworths Company is accompanied with the following parts. Woolworths Company has divided its equity capital into following parts Common Stock Other Accumulated profit Retained earnings or distributable profit Contributed capital of company- It is the amount of capital invested by company for the consideration of the ownership they take from the company (Woolworths Company, 2017). Retained earnings- It is the amount of profit collected by the company from its earned profit. It is the plugged back by company or distributed to its equity shareholders (Woolworths, 2017). Equity (Amount in dollar million) ($M) 2017 2016 Common stock 5615 5252 Retained earning 3797 3125 Total equity 114 94 Discussion of equity part of the company It is observed that Woolworths Company has increased its equity capital and retained earning throughout the time. It is a good indicator for company. However, accumulated earning has also increased throughout the time. Total equity capital of company has increased by 12% in 2017 as compared to last year data (Woolworths Company, 2017). Income tax expense is the amount of money which is needed to be paid by company on its earning to government. It is shown as charged on the profit in the books of account of company. It is observed that company has been paying high amount of taxes to government on its profit. Therefore, it requires implementing effective tax planning to reduce the tax payment (Woolworths Company, 2017). Particular(AUD $ in million) 2016 2017 Income tax expenses 520 650 Therefore, it could be inferred that Woolworths Company has increased its income tax expenses throughout the time. However, the tax implication has increased due to increase in its taxable profit (Saad, 2014). It is observed that Woolworths Company has been following income tax rules and regulations. Tax amount charged on the profit of company is done on the basis of taxation rules and regulations. On the other hand, between Taxes computation on the basis of tax rate implication on the profit earned by company is done by following accounting rules i.e. 30% of net taxable income of company (1534*30%)=660.2. On the other hand, income tax paid by company is AUD $ 650 million in 2017. There are several reasons which may allow results to differences between Taxes computation on the basis of tax rate implication on the profit earned by company from the tax computed on the basis of taxation rules (Woolworths Company, 2017). Recording of expenses and revenue of the company is different as per the accounting rules and regulations and income tax provisions and laws. For instance, recording of depreciation, bed debts, provisions of company are differently recorded as per the accounting rules and regulations and income tax provisions and laws. Therefore, it could be inferred that recording of expenses and revenue in the books of account is done after complying with the income tax rules and regulations which may differ from the accounting income computed by the accountant of company. The tax charged on the profit of company which is implicated as per the rules and regulations of income tax (Saad, 2014). After evaluating the annual report of Woolworths Company, it is evaluated that company records its deferred tax assets or liabilities in its books of account. Deferred tax assets is recorded when the tax charged as per the income tax rules and regulations is less than the tax computed as per the accounting rules. On the other hand, Deferred tax liabilities is recorded when the tax charged as per the income tax rules is more than the tax computed as per the accounting rules and regulation (Woolworths Company, 2017). It is evaluated that deferred tax is recognized by using balance sheet method and. This method is used for temporary differences between the carrying value of assets and liabilities of company and amount used for taxation object (Avi-Yonah, 2007). The deferred tax is not realised in the books of accounts of Eureka group holdings limited so it is not booked in the financial statement of accounts. In current year, deferred tax assets of Woolworths is AUD $ 372 million. Particular (AUD $ million) 2017 2016 Deferred tax assets 372 1110 Deferred tax is the amount of the provision which company keep in its books of account. It is observed that company needs to carry forward this tax amount to next year to set off it against with the future tax payment (De Broe, 2008). Current tax payable and current tax expenses of Eureka group holdings limited Income tax expenses are shown in the income statement of company. .It is observed that income tax charged in the profit and loss account is the tax implication on the current year profit. It is treated as expenses of company and deducted from the overall profit of company to identify the net profit. On the other hand, income tax payable is the amount of tax implication which is yet to be paid by company to government. It is the amount of liabilities which is shown in the liabilities side of company. This income tax payable could be related to either one year or all of the year. Therefore, it could be inferred that these both amount can never be equivalent to each other as it has their own purpose and shown under the different heading in different statements. Income tax charged on the Company is AUD $ 650 million. On the other hand, income tax payable by company is AUD $ 80 million (Yue, 2016). Particular(AUD $ in million) 2016 2017 Income tax payable 80 41 Income tax expense 650 520 Why income tax expenses is not same as the income tax payable There are several reasons which have resulted to differences between tax expenses and tax payable company. Income tax expenses are tax charged on the current year profit. Income tax payable is amount of total tax payable liabilities which company needs to pay to government. Income tax recorded in the profit and loss account. On the other hand, income tax payable is recorded in the balance sheet of company (De Broe, 2008). Is income tax expenses shown in the income statement is not equal to income tax paid in the cash flow statement? If not After analysing the annual report of company, it is observed that income tax expenses shown in the income statement is not equal to income tax paid in the cash flow statement. Why are the differences? Cash flow statement is accompanied with the detail of cash inflow and outflow from the business in current year irrespective of the fact whether it relates to present year of future year. Cash flow statement is used by management of company to make effective management of the cash related issues (Brigham and Ehrhardt, 2013). It is observed that income tax expenses shown in the books of account of company are not equal to the income tax amount shown in the profit and loss account of company. It is observed that income tax charged in the profit and loss account is the tax implication on the current year profit. On the other hand, income tax shown in the cash flow statement of company is the total amount paid by company in the particular year irrespective of the fact whether it relates to present year of future year. Cash flow statement reveals each and every single detail about the cash inflow and outflow from the business. Profit and loss account is prepared with a view to identify th e true and fair view of income earned by company. Therefore, it could be concluded that both statements have their own purpose and prepared to satisfy those purpose only. The income tax expenses shown in the income statement of company is AUD $ 650 million. On the other hand, tax payment shown in the cash flow statement is AUD $ 668 million. The difference between both amounts has emerge due the reasons given above (Woolworths Company, 2017). Treatment of tax in the books of accounts of company It is observed that treatment of tax in the books of company is based on the income tax provisions and rules given under AASB 112. Interesting thing about the recording of tax The main interesting thing about the recording of tax is related to its recording treatment in different books of account. Each and every financial statement has its own purpose. For instance, payment of tax shown in the cash flow statement, irrespective of the fact whether it relates to present year of future year, profit and loss account shows the tax charged on the profit of company. Difficulty to understand the recording of tax It is observed that the main difficulty to record the tax amount is arise when there is differences between domestic and international taxation rules. It becomes cumbersome for the stakeholders to understand which entry has been recorded by following certain taxation rules and regulation. Surprising thing about the recording of tax It is evaluated that company can shows its liabilities of its tax payment as deferred tax assets or deferred tax liabilities. However, the main surprising thing to notice in this case is related to recording of deferred tax liabilities or deferred tax assets in the books of account of company. A company can never have deferred tax liabilities or deferred tax assets in the books of account of company both at the same time (Feldstein, 2009). New Insight about the recording of taxes It is understood that in order to comply with the international taxation rules and domestic taxation rules, company needs to establish harmonization in its recording of tax amount in the books of account of company by following AASB 112 (Garrett, Hoitash and Prawitt, 2014). Conclusion After evaluating the above discussion, it could be inferred that company needs to establish harmonization in its domestic and international accounting standards with a view to formulate effective financial statements. References Avi-Yonah, R.S., 2007.International tax as international law: an analysis of the international tax regime. Cambridge University Press. Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. De Broe, L., 2008.International Tax Planning and Prevention of Abuse: A Study Under Domestic Tax Law, Tax Treaties, and EC Law in Relation to Conduit and Base Companies(Vol. 13). Ibfd De Broe, L., 2008.International Tax Planning and Prevention of Abuse: A Study Under Domestic Tax Law, Tax Treaties, and EC Law in Relation to Conduit and Base Companies(Vol. 13). Ibfd. Feldstein, M., 2009. Tax avoidance and the deadweight loss of the income tax.The Review of Economics and Statistics,81(4), pp.674-680. Garrett, J., Hoitash, R. and Prawitt, D.F., 2014. Trust and financial reporting quality.Journal of Accounting Research,52(5), pp.1087-1125. Saad, N., 2014. Tax knowledge, tax complexity and tax compliance: Taxpayers view.Procedia-Social and Behavioral Sciences,109, pp.1069-1075. Woolworths Company, 2017, annual report, Retrieved on 27st January, 2017 from https://www.woolworthsgroup.com.au/page/investors/our-performance/reports/Reports Yue, P. E. N. G. (2016). Domestic Application of Taxation Treaty: Study on Article 58 of the Enterprise Income Tax Law.Northern Legal Science,6, 014

Poor quality exports

Despite the fact that poor quality products are banned for sale in the United States and Europe, these products still find their way into other markets outside the stated markets. Some countries, especially the developing countries, are thus being flooded with recycled, old, obsolete or damaged goods from the international markets.Advertising We will write a custom essay sample on Poor quality exports specifically for you for only $16.05 $11/page Learn More This poses a very big problem to local producers in such countries and it is also a potential time bomb that is bound to weaken international trade ties. With the contemporary efforts that companies and countries are making towards getting a share of the international market, the aforementioned habitual exportation of poor quality goods is bound to phase itself out. Developing countries have been fairly associated with all sorts of problems. These countries are normally subjected to unfair trade agree ments by other countries that offer them development assistance. It is these agreements that pave way for importation of poor quality goods in the developing countries. A development partner may offer to aid a given developing country to construct roads with the terms that all the materials to be used in this project will come from the country undertaking the project. This attracts exploitation of the developing country since the country may not have a choice. Thus poor quality construction materials will be imported to the country. The exportation of poor quality goods is bound to bring problems to both parties involved. The country to which the goods are exported will indubitably face problems from the competition of products from local manufacturers with the imported products. The imported products are bound to decrease the demand for locally manufactured products since, with their poor quality, they will most probably be offered at low prices. The other problem will be the effec ts that these poor-quality products will have on the consumers. For instance, the stated case of a road built with poor-quality materials, the road will most probably get damaged quickly. This will lead to dissatisfaction of stakeholders in its country of domicile. The effect of this will be that the exporter who provided the goods and services to the country may be banned from transacting with the country. With the stated contemporary efforts y companies and countries to sustainably establish themselves in the international markets and with the contemporary consumers who value quality, such practices as the exportation of poor quality goods are bound to become the contemporary dinosaurs.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Consumers are increasingly fishing for goods from the international markets in order to get quality goods. It, therefore, follows that when the quality is co mpromised, they will have nothing to do with the company or country providing the goods and with time, the exporters of poor quality goods will have to produce and export quality products. Although there are a number of factors that make it hard to completely phase out the exportation of poor quality products, the practice will, undoubtedly, get extinct with time. This is due to the rising demand for quality goods and the increasing economic independence of developing countries. The countries that practice this unethical trade behavior should take responsibility and find better ways of reaching the poor markets in developing countries. This is because the poor quality goods that they export to such countries may have serious effects on their consumers. One of the approaches that such exporters may use is the production of quality goods in large quantities and meant for export to certain countries. They can then enter in agreements with such countries to ensure that they will sell in large quantities. This essay on Poor quality exports was written and submitted by user Brittany P. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Autism Awareness Essays

Autism Awareness Essays Autism Awareness Essay Autism Awareness Essay Autism Awareness It is important that America becomes more aware of the complications and difficulties experienced by people and families of people with autism and starts dealing with it in a positive and proactive manner. Many people continue to talk about it over the years, but more is needed. It would benefit so many Americans and their families to stop talking, and maybe start doing. Autism is not a disease as many may think; it is a disorder of the central nervous system. It really has three main features that define the disorder but they can have many symptoms. These three main features are: problems with social interactions, verbal and nonverbal communication, and also performing the same actions continuously with very limited interest. Autistic people suffer with not being able to interact with large or small groups of people. One possible solution to help autistic people would be to get groups of them together, so they could interact with each other. This could be done by having mixers. They could take field trips to places such as the zoo, McWane Center, Alabama Adventure, etc. Also, they could have parties such as dances to have fun with each other. All of these ideas allow them to have a good time together, and feel comfortable around each other and learn how to interact socially. Verbal and nonverbal communication is also a problem that autistic people have trouble with. One way to fix the trouble would be to develop a chat/video group online at schools where autistic children can learn to communicate with each other. If they can talk to one another then it will help familiarize them with verbal and nonverbal communication skills. These skills may provide a basis for relationships with other autistic people as well as non autistic people. Autistic people tend to do the same thing over and over because of a chemical imbalance in their brain. For example, a little autistic boy attends softball games regularly, and always has a score book to keep up with the games. This boy knows the game of softball, and is very interested in keeping his book at every game. This is an example of how their attention can be held by something trivial and non-challenging to non-affected people. Schools and centers for autistic people should recognize that this is something they enjoy and should encourage it. The autism awareness symbol represents the many puzzle pieces necessary to solve the difficulties of autism. One in every one thousand people in the United States has autism. I believe starting with these three problems of autism I could raise local awareness and provide a more comfortable lifestyle for all effected.

Corporate Security within Emerging Markets Essay

Corporate Security within Emerging Markets - Essay Example cular forms of behaviour can improve or damage an organisation's 'licence to operate', and in some cases this can create risks that would not otherwise present. Consequently, security has a higher framework in the corporate world in the present day than it did couple of years ago. Companies are seeking new ways to administer these threats and the portfolio of the security department has expanded to include common responsibility for things for example standing, corporate governance and parameter, corporate social responsibility and information assurance. As the undertaking matures, the corporate security community has been trying to recognize how to support security with the business, in order that doing business and doing security go together. On the other hand, the political economy of Africa is at the defining moment. The centrally controlled economies are yielding to global liberalism. Regionalism as a development strategy seems to be getting a new lease of life in the general development discourse in Africa while assuming varying forms. This report brings to light several practices which create a policy for twenty-first-century corporate security with particular emphasis on the countries of Africa. Corporate Security: An Introduction The companies recognize that the challenge for corporate security is no unlike that for any other function - they must correspond their company's varying business milieu and ensure that how they act, what they do and how they perform reveal these truths. The companies show six key characteristics: 1. They recognize that security is realized through the everyday actions of employees' right across the company. It is not something that the corporate security department can do to or for the company on its behalf and its operating... As the essay declares the corporate security department can do to or for the company on its behalf and its operating success is thus reliant on its capability to influence others to work in a different way. This puts weight on communication and needs security departments to assess the outlooks of non-security professionals just to the extent that those of the specialists. This paper stresses that behaviour is changed only by persuasion, influencing and explanation of as why a novel mode of working is in each person’s interest. This entails departments to work through reliable social networks, which puts greater weight on people, management and social skills than security knowledge. The power of the corporate security role is now directly proportionate to the value of its relationships, not the strength of its substance knowledge. The corporate security departments that are directing the way have discarded old notions about where their power and authority come from. Their position does not hinge on which makes them special – their content knowledge – however on business insight, people skills, management capability and communication skills. In other words, they have to vie on the same terms as every other function in the company. This is causing many organisations to put greater weight on these abilities than on a security conditio ns and some have people working on security who don’t have any security know-how.

Writing Today by Richard Johnson and Sheehan Charles Paine Essay - 9

Writing Today by Richard Johnson and Sheehan Charles Paine - Essay Example In this, it would be easy to note that the book strives to show that writing can be engaged within an entertaining manner; thus, making it be easy to read, comprehend and apply dynamically to various aspects of life. At this phase in the volume, it is interesting to note that the authors clearly follow the guideline they provide by making the text brief, quick to navigate and easy to scan. In part three of the book, the main concern for the authors is in relation to the process to follow in developing a piece of writing. As such, it would be obvious to yearn for knowing the precise course of action to pursue in achieving successful writing, but still, afford questions such as how can one invent ideas? How can writing be organized and a draft formulated out of the general ideas? And, what are the core reasons for revising and editing a piece of writing before publishing it? In seeking to answer these questions and similar ones in the two parts, the authors present readers with case scenarios that entail the understanding of the nature of writing and the requirements for the development of a literary writing, as presented by the frequent headings and numbered lists of items. This part is largely concerned with the determination of the various strategies that are used in the shaping of ideas when writing literary pieces. This segment is imperative in the logic that it provides the playwright with insights such as on how to develop paragraphs for the text being written, how to develop various sections for the paper, how to use rhetorical patterns in the development of a literary text, how to use argumentative strategies in the development of ideas in one’s writing and how to have the writing piece developed exposed to peer review and collaborated with different writers. Largely, this is one the most critical parts of the book, given the significance, it plays in the defining the various contexts that are to be drawn in the improvement of a literary text.  Ã‚  

Research Methods Essay Example | Topics and Well Written Essays - 2000 words - 6

Research Methods - Essay Example Consequently, I researched the course of the corset and found that every period made improvements and adjustments to it. Corsets from the 11th century are different from those found during the Victorian fashion but serve the same purpose. I also realized the significant part of rope art in corsets, which reminded me of the rope artist Hajime Kinoko. His work triggered thoughts about tie and dye and Japanese Shibori and Chinese short foot. The pain involved Chinese short foot reminded me of face surgery, which is a modern form of cruel beauty. The V-line face surgery provoked thoughts of its similarity to the human pelvis bone, which I like. However, my connection to cruel beauty was strong because I draw Japanese style tattoos. Although not all women get tattoos, many undergo cruel beauty by wearing high-heeled shoes all the time. All these thoughts made me decide on the following elements as the focus of my project Qualitative and quantitative forms of research are the main methods of research (Seivewright, 3). Quantitative data collection often concerns facts and statistics used in regression analysis, correlation analysis, SWOT analysis, and other forms of analyses that large corporations require to advance their business. Data collection is large scale and often occurs after a qualitative analysis. On the other hand, qualitative seeks to understand the non-quantifiable elements of an issue by uncovering widespread trends in opinion and thought. Qualitative research seemed more suitable for the project in comparison to Quantitative research. Qualitative research is cheaper and convenient under the current circumstances. I did not have the resources to fund a full-fledged research. Data collection in qualitative research includes b) In-depth Interviews: data on the interviewee’s personal history, opinion, or experience is collected. It is best for one on one interview because the interviewer has an opportunity to explore sensitive topics. The

Globalization History Can Be Traced To Hellenistic Age Economics Essay

Globalization History Can Be Traced To Hellenistic Age Economics Essay Globalization refers to integration of regional societies, cultures and economies through reduction of state enforced limitations on exchanges between different countries thereby enhancing a global network of trade and communication. While globalization is driven by interaction of different, economies, technology, political factors and social cultures, the term is in most cases used to refer to economic globalization where different countries economies become integrated into an international economy through a globe spanning network of trade, migration, foreign trade investments, technology and capital flows. Globalization also involves transnational exchange of ideas, languages and acculturation (Amin, 2004). Globalization history can be traced from the Hellenistic age and the rise of cosmopolitan when commercialized urban centres of Greek culture like Athens, Antioch and Alexandria enhanced a widespread of trade and commercial links. Globalization continued with the colonization of Americans by Europeans which initiated the Columbian exchange enhancing a wide spread of crops, trade and human populations and migration. Globalization however got its modern form in 19th century shaped by imperialism when industrialization brought about economies of scale which made cheap production which was sustained by increased population demand. Its argued that the forces of globalization enhanced the world war (Barkema Drogendijk, 2007). Globalization as used by different economists and social scientists can be traced back in 1960s and has inspired diverse and numerous definitions and understanding. Globalization and internationalization are interchangeably used; the only distinction in the usage of the two terms is that internationalization is more focused on international relations, trade and treaties which are driven by labour and capital mobility. Globalization as used in economic context refers to reduction and elimination of barriers between different countries economies in away that flow of goods and services capital and labour is facilitated. Some of the things that slowdown globalization include countries political and capital policies which are inward looking and focused to protection of countries industries (Wood,1998).To enhance globalization microeconomics processes need to be focused on economic policies, political subjectivity, capital and other different dynamics and domains so as to denationalize wha t has been made national. Globalization is seen as a way of flattening the world into global system of trade, supply chain and outsourcing and this has greatly and permanently changed countries economies, political forces both in a good and a bad way. The rate of globalization is increasing and continues to have a rising impact on business practice and commercial organization, giving a neo-liberal kind of international economic systems (Beall, 2004). Rapid expansion of transnational corporations in U.S and Europe has given rise to systematic trend of economies growth and die dynamics which are the main drives of the quickening globalization which has stand the counter tendency changes and forces that emanate from trade union actions and political activities. Globalization has become an irreversible phenomenon whose long history in market economic systems has given rise to transnational elites and political globalization which has phased out the traditional form of powerful-nation states, globalization has given rise to cultural and ideological homogenization worldwide coupled with significant inventions. Globalization has largely been driven by political planning which has seen a breakdown of trade borders and increasing interdependence of states through international commerce and trade and the establishment of international institutions to manage the globalization process. These institutions include the World Bank (formerly know n as bank for International Reconstruction and Development), World Trade Organization and International Monetary Fund. Advanced Technology has greatly reduced the trade and negotiation cost through agreed trade tariffs which have seen the possibility of free trade among different countries (Ostry, 1998). Some of the actions involved in the General Agreement on Trade Tariffs include elimination of trade tariffs creating free trade zones, lowering the transportation costs and enhancing containerization which has made Ocean hipping in different countries possible, introduction of harmonized trade subsidies globally which has attracted different corporations in the international market. Increased restrictions in the harmonized intellectual property laws have also seen a great breakthrough for free trade such that intellectual properties and patents are recognized across states. Trade treaties enhanced by the WTO like the Uruguay Round which has introduced a uniform trading platform, oth er multilateral and bilateral agreements on trade like North America Free Trade Agreement (NAFTA) have greatly reduced the trade tariffs and barriers and enhanced free trade and given a rise in world exports and the total gross world product (Lazear, 1999). Advanced communication technology; mobile pone and other computer software technology spread among countries which have made communication cheap and possible among countries, and worldwide marketing has greatly driven cultural globalization with western American culture dominating most regions in expense of the traditional diversity. The contrasting trend led by movements in protest to globalization has not given any fruits in its defence for local individuality uniqueness and identity (Yeung, 2002). According to Rothstein (2005), various economic characteristics of globalization like capital, labour, technology and exports and imports, we can easily measure globalization if we take it as economic globalization. Exports and imports can be determined as a proportion gross national income while labour can be determined as net migration rates flow; weighted by population inward and outward flow. Inward and outward capital flow can be determined through investment as a proportion of per capital income while technology can be measured in terms of worldwide research as well as development flows and the rates of change noted through inventions that has given new products in telephone, motor vehicle and broadband industries (Knaude, 2001). However globalization is not economic phenomenon only and therefore requires a multivariate approach in taking its measurement. Swiss index has taken into consideration three key dimensions of globalization as political, economic and cultural effects taking some sub-indices like economic flows and restrictions, personal contact data, information flow and cultural proximity data which are available on annual basis. According to the Swiss index, Belgium is the most globalized country worldwide followed by Austria and Sweden while United Kingdom comes fourth followed by Netherlands (Agell, 1999). The Index has shown that Haiti is the least globalized countries followed by Myanmar and Burundi. Globalization has given forth to good and bad aspects which have affected countries in different ways. Movement of production materials and manufactured goods has given rise to emergence of worldwide markets and given consumers and firms a broader access to foreign products. The trade between China and Africa particularly has rise seven times fro the period between 2000 and 2007. Emergence of international financial markets has given customers worldwide access to external finance. This has however grown fast than the transnational regulatory regime and given rise to instability in the worldwide financial infrastructure as evidenced by the current financial crisis (Mishkin, 2009). Realization of a worldwide market where goods and capital are free exchange has a great economic realization while its interconnectedness would give great effects in case of one economy collapsing. For instance, every worldwide IT company has established its market in India, if Indias economy collapses this would have the adverse effects spread amongst many other economies (Buckley Ghauri, 2004). Globalization has greatly affected the health systems on a global scale where health has became a trade commodity especially in developing nations following the structural adjustment programs which have seen the health sector privatized and the health policy largely fragmented due to various private interests which have focused on partnerships as a way to fight the various problems instead of a comprehensive health strategy. Health policy has greatly been affected by the global trade and economy driven by the technological advancement which has given innovative medical care trade. At time the global priorities have run over the nation health care priorities making the health infrastructure more valuable to public the privatized form of health care which largely focuses on the wealthy (Dunning, 1998). Globalization has led to creation of governments with relaxed relationships and guaranteed social and economic rights. United State has over time taken a powerful position following its strong and wealthy economy. The republic of China has experienced rapid growth following globalization and with support from the United States. Economists have projected that if Chinas growth is maintained at that rate, this would bring a great change world wide in the next twenty years since it will mean power reallocation among world leaders with China being one of the wealthy and industrialized nations and this will rival the United States worldwide powerful position (Jones, 2008). Increased Informational flow between different geographical locations has brought technological change with the introduction of fibre optic communications and improved accessibility via telephone and Internet facility. Globalization has also increased competition due to worldwide market which has challenged different companies and industries to improve their products and skilfully use technology. Globalization has brought various ecological changes and environmental challenges due to cross boundary pollution of water and air and the overfishing of oceans as well as spread species which are invasive. This can be faced out through international cooperation, but its noted that most factories run their plants in developing nations where environmental regulations are lenient. As such globalization and free trade has largely increased pollution in these countries and deteriorated peoples standard of living. The world ecological capacity has proved insufficient to handle the ambitions of Ch ina, U.S, and Europe among other countries sustainably. Also globalization would bring about depletion of resources like zinc, terbium and indium, if U.S, China and India continue with the current consumption this would lead to conflict over diminishing natural-resources (Casson, 1996). One classic cultural aspect of globalization is food consumption whereby people in China can be consuming American food while those in Africa can be consuming Italian meals. McDonalds is one of the American food companies with a global network of 31,000 locations worldwide and has had great cultural influence globally. In addition to international travel, migration and tourism internet has broken down cultural borders worldwide through enabling interaction and communication among people from different state, thus sharing different lifestyles and cultures even beyond the language barriers by use of photo sharing websites. Globalization has led to spread of multiculturalism where some come local cultures have been assimilated and others have been supplanted (Taylor, 2008). Globalization has however faced significant opposition internationally arguing that it has lowered the quality of life and increased the environmental degradation by reducing the competitiveness of some countries industries, and perhaps agriculture in nations that have not yet adapted to the changes brought by globalization (Daryl, 2009). The flow of information, products and people across countries has led to spread of deadliest diseases like HIV/Aids which still remain a top cause of death especially in Asia and Africa while the infectious disease actually began in America. Also, globalization played vital role in the recent bird flue which spread to different nations and killed several. Other diseases whose spread has been fuelled by globalization include the chagas disease and tuberculosis (Bernstein Cashore, 2000). Globalization has created opportunities in developed and rich nations thereby driving talent from poor countries which has led to brain drains. This has cost Africa continent approximately $4.1 billion expatriate professionals yearly. Globalization negative economic liberalization effects are also manifested by the global financial crisis which has been as a result of interconnected states forming global economic system such as the crumple of subprime financial or mortgage market in U.S. The flow of products like televisions, textiles and others in the U.S have fueled expansion of Asian economies but has as well raised great criticism against Chinese textile products in Europe as well as in African countries (Levy-Livermore, 1999). For instance, the influx of Chinese textile goods in South Africa has led to loss of jobs by textile workers in that industry. Different studies show that, globalization has not fought Income disparity and food insecurity such that the three richest people worldwide owns more financial assets than what 10% of the poorest world population possess. For example, in sub-Saharan basin Africa communities continue to live in extreme poverty with studies indicating that almost half of children population in India is undernourished. Globalization opens door for a poor country to reach international market, and as such large corporations have taken advantage of such economies to facilitate export poverty such that they invest in these nations due to low wage rates and if the countries labour laws are changed in favour of employees the corporations close down and relocate to other countries with conservative economic policies (Zander Mathews, 2007). In conclusion, critics argue that globalization has led most poor countries suffer disadvantages since their exports are mainly agricultural products and they are unable to offer their producers subsidies which are enjoyed in the developed nations thereby lowering the prices for poor producers. Globalization also leads to exploitation of workers who are impoverished in these poor countries through cheap labour and weak labour unions (Taylor, 2008). Globalization is mediated depending of corporate interests which results to alternative institutional policies that address moral claims for both the poor and working population and environmental concerns in an equitable way.

My Business Idea Essay -- Business and Management Studies

My Business Idea In my coursework I intend to start my own business. I will devise my own business plan which outlines my business proposal and the key aspects, during this I will need to seek good business advice on the necessary steps I will have to make. As I go through the coursework I will show evidence, examples and explain how businesses are set up, what types of businesses there are and their similarities, the kind of targets businesses set for themselves and also the different objectives of different stakeholders. For my business I plan to sell toys and other game products that educate young children under the age of 11. Starting up a business is difficult and risky. Anyone setting up needs to consider: Â · Whether they have the right experience and skills to make the business a success. Â · How they are going to produce and market their product or service. Â · Where they are going to get finance for the business. Â · How they can get help and advice that is available to them from outside the business. Â · What will happen if the business is not a success? Identifying the opportunity Identifying a business opportunity is the first thing a person wanting to set up his or hers own business must do. The business opportunity is most likely to come from what they are already doing in work and the contacts they have. People with no experience are more likely to find it difficult to set up a business and make it a success. This is the reason why most people who set up their own business have already had experience of working in an industry. They then have to find out whether the idea will work. Researching the market ====================== Businesses only survive if they can attract customers and at least make enough money to cover their costs. So it is important to find out whether there are likely to be enough customers. There are two ways of researching the market. * Desk Research – involves finding existing information about the market. For example, a person wanting to set up a beauty salon would look in the Yellow Pages to find the locations of other salons in the area in order to assess the likely competition. * Field Research – involves finding information that is not available in books etc. For instance, questionnaires and surveys are a good way of finding out whether there is a... ...ers in a business disagree, it can be very bad for the business. This is the main reason why businesses in partnerships draw up a Deed of Partnership. This is a legal contract which sets out: * Who are the partners; * How much money or capital each partner has put into the partnership; * How profits should be shared out; * How many votes each partner has in any partnership meeting; * What happens if any of the partners want to withdraw from the business or if new partners are brought in? If there is no deed of partnership, the law states that every partner is equal. Each partner then gets an equal share of the profit and has the same voting power as any other partner. The basic objectives for my business are: - To make the largest possible profit - To grow and expand - To survive (break even) - To provide a service and quality products to ensure the satisfactory of our customers The targets for my business are: - Growth in profits - Growth in sales turnover - Increase in market share - Expansion of the product range - Selling into more areas of the country or the world - To become an even bigger business like a PLC

Role of Student to Remove Illetracy

January 2013 Current Affairs Bit Bank INTERNATIONAL 1. On 7 January who is the country Palestinian Authority President has issued a decree renaming the organization the â€Å"State of Palestine ? Ans:- Mahmoud Abbas 2. On 16 January 2013 Which country Cargo Ship MV Amina fled away from the waters of Sri Lanka after suffering detention by its Navy for about two months ? Ans:- Iran 3. Which country   president signed into law the Former Presidents Protection Act of 2012 on January 2013 ? Ans:- America 4. Which country Bar Council recently Suggested Chemical Castration for Repeated Sex Offenders ? Ans:- Malaysia INDIA & WORLD 1.According to the which country   2012 Home Office report, India is among 10 countries that are the main sources of illegal immigration ? Ans:- Britain 2. On 30 January 2013   which country   Pledged Humanitarian Assistance of 2. 5 Million US Dollars to Syria ? Ans:- India 3. India asked to avoid Violence Prone Areas in which country on 19 January 2013 ? Ans: Nigeria 4. Which two countries agreed not to allow escalation of tensions along the Line of Control (LoC) on 16 January 2013 ? Ans:-   India and Pakistan 5. What is the name of the Tibetan Monk got sentenced to death by the Chinese Court for encouraging the self-Immolations?Ans:-Lorang Konhok NATIONAL 1. In how many districts Government of India launched Direct Cash Transfer Benefit (CBT) on 1 January   2013   ? Ans:-   20 districts 2. According to the Annual Status of Education Report (ASER) 2012 report which class students could read Class II text fell from 53. 7% in 2010 to 46. 8% in 2012 Ans:- Vth class 3. Who released the Commemorative Postage Stamps, at the Commemoration of the 150th Birth Anniversary of Swami Vivekananda, in New Delhi on 12 January 2013 ? Ans:- President, Shri Pranab Mukherjee 4.Government of India how much crore of the MGNREGA linked Post Office Accounts would be used under the Direct Cash Transfer Scheme on January 2013 ? Ans:-   3. 5 Crore S TATES 1. What is the name of the   system launched by Odisha government on   2 January 2013 for citizens under the Odisha Right to Public Service Act, 2012 ? Ans:-   Public Service Delivery System 2. In which state the first Shariat panchayat   is scheduled to be inaugurated on 3 March 2013 ? Ans:- Punjab 3. Which state high court stayed the state government’s decision for giving 4 per cent additional reservation to Gurjar on 29 January 2013?Ans:-   Rajasthan High Court 4. On 20 January Prime Minister Manmohan Singh inaugurated Ghat Ki Guni tunnel at Jaipur. CONFERENCES 1. What is the name of the 100th Indian Science Congress theme which was held from   Ã‚  3 to 7 January 2013 at Kolkata ? Ans:- Science for Shaping the Future of India 2. The 43rd World Economic Forum Annual Meeting held from 23 – 27 January at —- Ans:- Davos-Klosters in Switzerland AWARDS & HONOURS 1. Who is the Mauritius President was received the 11th Pravasi Bharatiya Samman Award on 9 January 2013 ? Ans:- Rajkeswur Purryag 2.Who is an Indian researcher selected for a prestigious ‘Young Investigator Scholarship Award’ for his work on a drug to cure Alzheimer’s? Ans:- Mahaveer Golechha 3. Who got the Best Actor award at the 58th Idea Filmfare Awards held in Mumbai on 20 January 2013? Ans:- Ranbir Kapoor 4. Who honoured with the prestigious â€Å"International Scientific Cooperation Award 2012 Ans:-   C N R Rao 5. Who launched a Tang Prize(Asian Noble Prize) on 28 January 2013 ? Ans:-   Samuel Yin 6. Who was selected for the Order of Australia Medal award on 30 January 2013? Ans:- Krishna Arora SPORTS & GAMES 1.Who is a former India player   announced his retirement from   first class cricketer on 01 January 2013? Ans:- Sanjay Bangar 2. Who got the CEAT   International Cricketer of the Year 2011-12 on 03 January 2013? Ans:- Virat Kohli 3. Who won the WTA Brisbane International trophy on 5th January 2013? Ans:-   Sania Mirza and   Bethanie Mattek 4. Who defeated the Bulgarian star Grigor Dimitrov to get a Brisbane International title on 06 January 2013? Ans:-   Andy Murray 5. Who won the Chennai Open Tennis Title on 6 January 2013 ? Ans:- Tipsarevic 6. Which country won in the third and final Test match against Sri Lanka on 6 January 2013 ?Ans:- Australia 7. Who is an Australian cricketer   suspended for one match and   $4500 at MCG on 07 January 2013? Ans:-   Shane Warne 8. Who got the   FIFA Player of the Year award consecutively four times? Ans:- Lionel Messi 9. Who got the youngest national table tennis championship award on 11 January 2013? Ans:- Soumyajit Ghosh 10. Which country won the Test series with 2-0 between South Africa and New Zealand? Ans:- South Africa 11. Who is from Andhra Pradesh selected to represent India at the World Cup fencing championship in Doha (Qatar), to be held from January 19 to 21? Ans:- Y.Hala 12. To whom the International Olympics Committee (IOC) asked   to return the Olympic Bronze Medal and Certificate of 2000 Sydney Games   on 17 January 2013 after found guilty of doping? Ans:- Lance Armstrong 13. Who won the Malaysian Open Badminton Championship Women’s singles title on 20 January 2013 ? Ans:- Tai Tzu-ying 14. Who won the Australian Open Tennis Tournament Mens single’s title in the final on January 2013 ? Ans:- Novak Djokovic 15. Who got the first place   in the women’s singles rankings in the Badminton World Federation (BWF) rankings released on 31 January 2013?Ans:- Lee Juri ECONOMY 1. According to the Bloomberg Billionaires Index Who is the 18th richest person in the   world? Ans:- Mukesh Ambani 2. Which country company Toyota Motor appears at the top ranked in the top-1500 Global R&D investments list ? Ans:-   Japan 3. On 29 January   2013   The Reserve Bank of India slashed Cash Reserve Ratio (CRR) from 4. 5% to —- Ans:- 4 percent 4. On 23 January 2013 The International Monetary Fund (IM F) projected that the economic growth rate of India in 2013 would be ——– ? Ans:- 5. 9 percent SCIENCE & TECHNOLOGY 1.NASA/ESA Astronomers had captured one of the flattest galaxies known in the universe, sitting like a silver needle in the haystack of space using Hubble Space Telescope. What is the name of the galaxy? Ans:-   IC 2233 2. What cells in White blood cells having the capacity to kill the tumour (Cancer) cell? Ans:-   T lymphocytes 3. What is the name of the rocket used to launch a Mars Orbiter Mission in the mid-October 2013? Ans:-   PSLV-XL 4. How many earth size plantes are found in a Milky way Glaxy? Ans:-   17 billion 5. What is the name of the missile successfully test fired by the Indian Navy on09 January 2013 at Visakhapatnam? Ans:-   Brahmos . What is the name of the largest Space structure found in the Universe? Ans:-   Large Quasar Group(LQG) 7. What is the name of the underwater ballistic missile India successfully test fired on 27 January 2013? Ans:-   K-15. 8. What is the name of the multi-barrel rocket launcher (MBRL) weapon system, was successfully test fired from a defence base at Chandipur-on-sea on 30 January 2013? Ans:- Pinaka PERSONS IN NEWS A) APPOINTMENTS 1. Who is the first minority community person appointed as a chief of the Intelligence Bureau? Ans:- Asif Ibrahim 2. Who is appointed a deputy governor at the Reserve Bank of India on 02 January 2013?Ans:-   Urjit Patel 4. Who is the present chairman of 20th Law Commission? Ans:-   Justice DK Jain 5. Who is the first woman speaker and Indian-origin   elected for the Singapore’s Parliament on 08 Janauary 2013? Ans:-   Halimah Yacob 6. Who is the new Chairman and Managing Director of Canara Bank? Ans:-   RK Dubey 7. Who is the new executive director of Central Bank of India appointed on 11 January 2013? Ans:-   Raj Kumar Goyal 8. Who is the Founding Chairwoman of CII’s women wing Ans:- Suchitra Ella 9. Who is the prese nt Secretary of State of America? Ans:- John Kerry 10. Who is the present President of   Czech?Ans:- Milos Zeman B) RESIGNS 1. Who is the first woman chief justice SriLanka dismissed by the Sri Lankan President? Ans:-   Shirani Bandamayake C) DEATHS 1. Who is the oldest surviving woman of the world, died at the age of 115 years in a town near Tokyo, Japan on 12 Jan. 2012 ? Ans:- Koto Okubo 2. Who is the the former all-rounder of India from Surat died on 13 January 2013 in Mumbai ? Ans:- Rusi Framroze Surti 3. Who is the co-founder of Reditt committed suicide on 11 January 2013 ? Ans:- Aaron Awartz D) VISITORS 1. Which village was visited by Mauritius   President Rajkeswur Purryag   in Bihar near patna on January 2013 ?Ans:-   Bojeetpore 2. Who visited Vietnam on January 2013 from India ? Ans:-   Vice President Hamid Ansari 3. Who visited the India from Bhutan on 23 January 2013? Ans:-   Bhutan King Jigme Khesar Namgyel Wangchuck E)MISCELLANEOUS 1. In which case Ex-CM o f Haryana Om Prakash Chautala arrested on 16 January 2013? Ans:-Teachers Recruitment Scam 2. Who is the oldest Indian woman conquer the 6 Summits,the highest mountains of each of the six continents? Ans:- Premlata Agarwal 3. What is the name of the Tibetan Monk got sentenced to death by the Chinese Court for encouraging the self-Immolations?Ans:- Lorang Konhok PLACES   IN   NEWS 1. On 27 January 2013 In which country 233 People Killed in Night Club Fire Accident ? Ans:- Brazil ABBREVIATIONS 1. What is the abbreviation of WEF? Ans:-   World Economic Forum BOOKS IN NEWS 1. Who is the author of   Ã¢â‚¬Å"My Share of the Task : A Memoir † Book ,which was released on 7 January 2013 ? Ans:- General Stanley McChrystal COMMITTEES 1. What is the name of the committee set up to recommend measures to improve laws dealing with sexual offences on 23 December 2012? Ans:-   JS Verma February 2013 Current Affairs Bit Bank INTERNATIONAL 1.Which 3 countries leaders set out 6 months goa l for peace, urge Taliban to dialogue on 4 February 2013 ? Ans: Britain , Afghanistan , Pakistan. 2. What is the new name for Sindh province? Ans: Sind 3. On February 2013 The International Monetary Fund (IMF) has approved a financial aid of $ 278. 8 million to —? Ans: Bangladesh 4. On February 2013 Regional African leaders signed UN-brokered accord which aims to bring peace to the troubled eastern region of the –? Ans: Democratic Republic of Congo 5. Which country prohibited its security forces from taking any air support from the International Forces on 18 February 2013 ?Ans: Aghanistan 6. Who had been elected as Cyprus new President on 24 February 2013 ? Ans: Nicos Anastasiades INDIA & WORLD 1. For which country reconstruction India pledges $100m on 5 February 2013 ? Ans: Mali 2. On 7 February 2013 the Union Cabinet approved for which project formation of Special Purpose Vehicle (SPV )? Ans: TAPI pipeline 3. On february 2013 the Defence Ministry has ordered CBI prob e into how much crore alleged scam in a defence helicopter deal ? Ans: Rs 3600 crore 4. India and which country discussed on the issues of nuclear energy cooperation, security, terrorism and trade on 19 February 2013 ?Ans: Britain 5. Which two countries have exchanged strip maps as part of the process of the implementation of the agreement signed to resolve land boundary issues between the two countries ? Ans: India & Srilanka 6. Which country will make initial investments of $2 billion in infrastructure projects in India on February 2013 ? Ans: The United Arab Emirates 7. Which country wins Kishanganga case against Pakistan at the Hague court on 18 February 2013 ? Ans: India NATIONAL 1. Who was signed MoU with Ministry of Health and Family Welfare to Highlight Issues related to AIDS on 14 February 2013 ? Ans: NACO 2.Who was ordered to cease operations to the telecom companies that failed to win or participate in the November 2012 2G Auction? Ans: Supreme Court of India 3. Which pro gramme was launched by the I&B Ministry for Real Time Engagement with Citizens on 7 February 2013 ? Ans: My India Initiative-A Digital Volunteer Programme 4. Who constituted a panel to Examine issues of Certification under Cinematograph Act 1952 on 4 February 2013 ? Ans:I&B Ministry STATES 1. What is the name of the scheme launched by the UPA chairperson Sonia Gandhi for providing comprehensive care to children in India? Ans: Rashtriya Bal Swasthya Karyakram 2.In which state the 1,980 MW North Karanpura Super Thermal Power Plant was approved by the Cabinet Committee on Investment (CCI) on 20 February 2013 ? Ans:  Jharkhand 3. Which state government was decided to issue a complete ban on sale and consumption of tobacco products in the state on 15 February 2013? Ans: Manipur 4. Which State Chief Minister Bhupinder Singh Hooda was launched the Direct Benefits Transfer scheme in Sonepat and Ambala districts on 1 February 2013 ? Ans: Haryana 5. On 21 February 2013 the UTTIPEC started e fforts for developing vision for successful implementation of the plans for mass-rapid transport system in Ans: Delhi . Which party won maximum number of seats in Maghalaya Assembly elections? Ans: Congress 7. Which party got the full majority in Tripura Assembly elections held on 14 February 2013? Ans: CPM-led Left Front CONFERENCES 1. What is the theme of 13th Delhi Sustainable Development Summit (DSDS)? Ans: The Global Challenge of Resource Efficient Growth and Development AWARDS & HONOURS 1. The Pakistani girl was shoot by the Talibans against the girl education was nominated for this year’s Nobel Peace Prize. Who is she? Ans: Malala Yousafzai 2.Who is the Karnataka Artist had won the Rs 1 million Skoda Prize 2012 for contemporary art on 1 February 2013? Ans: L. N. Tallur 3. Who had been received the Georgescu roegen Award at the Delhi Sustainable Development Summit on February 2013? Ans: Kozo Mayumi (The University of Tokushima) 4. Who got Lifetime Achievement Grammy awa rd after his death? Ans: Pandit Ravi Shankar 5. Which picture got the best picuter award in 85th Oscar awards ceremony? Ans: Argo 6. Who is the Eminent Hindi litterateur had been selected for the prestigious Vyas Samman for 2012 for his historical novel ‘ Na Bhooto Na Bhavishyati’ on 22 February 2013 ?Ans: Narendra Kohli SPORTS & GAMES 1. Who were the two players honoured with â€Å"Davis Cup Commitment† Award on 2 Febraury 2013? Ans: Leander Paes, Jaideep Mukherjee 2. Who is the Indian cricketer equaled the record of Sunil Gavaskar of 81 first class hundreds in first class cricket at Mumbai on 8 February 2013 ? Ans: Sachin Tendulkar 3. Which two games will be joining the program at the 2016 Games in Rio de Janeiro ? Ans: Golf and Rugby 4. Who won the National Grasscourt Tennis Championship Men’s single title on 16 February 2013? Ans: Ramkumar Ramanathan 5. Who won the Grenke Chess Classic Trophy on 17 February 2013 ?Ans: Viswanathan Anand ECONOMY 1. Which of the companies selected for the Maharatna status on 1 February 2013? Ans: BHEL and GAIL 2. On 7 February 2013 the India’s Central Statistics Office (CSO) revealed that the economic growth of India is estimated to fall to ——— in 2012- 2013 FY ? Ans: 5 percent 3. Which scheme was launched by Finance Minister P Chidambaram on 9 February 2013 in Mumbai ? Ans: Rajiv Gandhi Equity Savings Scheme 4. India’s Economic Survey for 2012-13 pegs the country’s growth at 6. 1-6. 7% and inflation at ——— Ans: 6. 2-6. 6% 5. How many crores are allocated for the Agriculture Ministry in the Union Budget 2013-14?Ans: Rs. 27,049 crores SCIENCE & TECHNOLOGY 1. What is the name of the most sophisticated fighter jet launched by the Iran? Ans: Qaher F313 (Dominant F313) 2. What is the name of the world’s first complete ‘Bionic Man’ which was unveiled recently at London’s Science Museum ? Ans: Rex 3. What is the name of the first indigenously built Weapon System Integrated Advanced Light Helicopter was inducted in to the Indian army on 8 February 2013? Ans: Rudra 4. What is the name of the fifth ship in a series of eight inshore patrol vessels (IPVs) was commissioned by Indian Coast Guard on 11 February 2013 ? Ans: Rajratan . What is the use of SARAL satellite launched by the ISRO’s PSLV-C20 rocket on 25 February 2013 from the spaceport at Sriharikota? Ans: Oceanographic Study PERSONS IN NEWS A) APPOINTMENTS 1. Who had been selected as members of the Chinese parliament on 2 February 2013 ? Ans: Mo Yan and Jackie Chan 2. Who is the Indian american and Padma Shri awardee had been appointed as the new president of Carnegie Mellon University on 9 February 2013? Ans: Dr Subra Suresh 3. Who is the Tata Group Chairman Emeritus had been elected as a member of the US prestigious ‘National Academy of Engineering‘ on 9 February 2013 ?Ans: Ratan Tata 4. Who is the former Chairman of Life Insurance Corporation, has took over as the new Chairman of the Insurance Regulatory and Development Authority (IRDA) on 21 February 2013 ? Ans: T. S. Vijayan B) RESIGNS 1. Who is the Solicitor-General of India resigned on 04 February 2013 ? Ans: Rohinton Nariman 2. Who is the author of †Netaji Subhash Chandra Bose and Germany† Book ? Ans: Prof. Anita B Pfaff 3. Who is the Nagaland Home Minister has resigned on 19 February 2013 ? Ans: Imkong L. Imchen C) DEATHS 1. Who was the Ex-CM of Puducherry passes away on 02 February 2013? Ans: P.Shanmugam 2. Who is the China’s table tennis legend died on 10 February 2013 in Beijing ? Ans: Zhuang Zedong D) VISITORS 1. Who is the France’s President visited India from 14th and 15th February 2013 ? Ans: Francois Hollande E)MISCELLANEOUS 1. Who had been named in the BBC power list of Britain’s most influential women ? Ans: Queen Elizabeth II 2. In which state unveiled the world’s tallest bronze statue of Maha tma Gandhi at the Gandhi Maidan on 15 February 2013 ? Ans: Bihar 3. Who is the 3 year old girl had been unveiled as the youngest new member of Mensa with a higher IQ than Stephen Hawking ?Ans: Clever Alice Amos PLACES   IN   NEWS 1. Which country hits by snow storm Nemo on 8 February 2013 ? Ans: America ABBREVIATIONS 1. What is the full form of â€Å"TAPIâ€Å" †¦Ã¢â‚¬ ¦.. Ans: Turkmenistan–Afghanistan –Pakistan–India BOOKS IN NEWS 1. What is the name of the Sania Mirza new autobiography book ? Ans: Against All Odds 2. Who is the author of â€Å"Khushwantnama: The Lessons of My Life† Book ? Ans: Khushwant Singh COMMITTEES 1. Who was constituted a G Padmanabhan technical advisory committee to iron out existing issues and boost bank finance for exports ? Ans: Reserve Bank of India (RBI)IMPORTANT  DAYS & DATES 1. National Maritime Day observed on †¦Ã¢â‚¬ ¦? Ans: April 5 December 2012 Current Affairs Bit Bank INTERNATIONAL 1. Who announced a $10 million donation for a global war chest to educate all girls by 2015 set up in the name of Malala Yousafzai? Ans: Pakistan’s President Asif Ali Zardari 2. Who elected as a Prime Minister with a clear victory over the   Prime Minister   and leader of the Democratic Party of Japan(DPJ) Yoshihiko Noda in the Parliament elections of Japan on 26 December 2012? Ans: Shinzo Abe 3. Who is the first woman President of South Korea? Ans: Park Chung-hee 4.Which bill that will give intelligence and security agencies sweeping powers to conduct surveillance passed by Pakistan’s National Assembly on 20 December 2012? Ans: Fair Trial Bill 2012 5)  Which state the Pakistan Government officially recognised   as an independent state on 26 December 2012? Ans:Kosovo INDIA & WORLD 1. Who is the Bihar’s State Chief minister recently among Foreign Policy magazine â€Å"The Top 100 Global Thinkers†Ã‚   List ? Ans: Nitish Kumar 2. Which Country   had agreed to set up barbed wire Fencing along Tripura border on   2 December 2012? Ans: Bangladesh 3. Which country signed with India on 10 December 2012 on five pacts?Ans: Ukraine 4. According to the 2011 Britain population census record what percent of the Hindu religion became a third-largest religion in the Nation’s ? Ans: 1. 5 % 5. According to the which survey report India nonetheless has one of the largest Muslim populations in the world ? Ans: Pew research NATIONAL 1. Which Criminal Law bill Passed by Lok Sabha on 4 December 2012 ? Ans: Sexual Assault a Gender-Neutral Offence 2. On 7 December 2012 The Cabinet Committee on Security (CCS) cleared a major expansion plan of the strategic Karwar naval base Phase II Alpha of the project Seabird in —— Ans: Karnataka 3.Which bill providing for quota for SCs and STs in government job promotions was on 2012 December 17 passed by Rajya Sabha? Ans: Constitution 117th   Amendment Bill 4. The Union Government of India on 23 December 2012 constituted a three-member Commission to suggest measures for saftey of women. Who is the head of this Commiitte? Ans: Former Chief Justice of India J. S. Verma 5. On 25 December 2012   Government of India decided to set up five-year project for restoring the overall which structure of critical sectors of India? Ans: Cyber Security 6. Which amendment bill 2011 have been passed by Lok Sabha on 20 December 2012?Ans: Banking Laws Amendment Bill, 2011 7. Whose commission appointed for Delhi incident victim Nirbhaya’s Case on December 2012? Ans: Usha mehra STATES 1. Which Scheme announced by Assam government on 12 December 2012 ? Ans: Special Health Scheme 2. Which state Lokayukta Bill, 2012 was passed on 14 December 2012 ? Ans: Meghalaya 3. UPA Chairperson Sonia Gandhi was launched a major food security programme of Delhi Government  on 15 December 2012. What is the name of the program? Ans: Annshri Yojna 4. Which state government   on 17 December 2012 ordered a Speci al Investigation Team (SIT) probe into the matter of multi-crore irrigation scam?Ans: Maharashtra 5. Which State had became the first state that announced some measures for making public transport safer via use of technology on 23 December 2012? Ans: Karnataka CONFERENCE 1. What is the theme of   ASEAN-India Commemorative Summit held from 20 – 21 December 2012 in New Delhi ? Ans: ASEAN – India Partnership for Peace and Shared Prosperity 2. Which of the following country will host the Climate Conference in 2013? Ans: Poland AWARDS & HONOURS 1. Who was honoured with award of ‘National Tansen Samman’ for year 2011-12 for their contribution to Hindustani classical music?Ans: Rajan and Sajan 2. Which state received the Silver Icon Web Ratna Award 2012 for its public grievance redressal website? Ans: Bihar 3. Who received the Yuri Milner Foundation award for the work on black holes and in the discovery of a new subatomic particle believed to be the long-sought Higgs boson? Ans: Stephen Hawking 4. Who will be honoured with a Grammy Lifetime Achievement Award posthumously and he is also the first Indian to got this award? Ans: Sitar maestro Pandit Ravi Shankar 5. Who is former BBC correspondent had been conferred with Lifetime Achievement Award for 2012 on 16 December 2012?Ans: Sir Charles Wheeler 6. Who is the Indian-origin girl won the prestigious a wildlife conservation award in South Africa ? Ans: Afeefah Patel 7. Who was honoured with ‘Tolkappiyar’ award   by the President on 21 December 2012? Ans: C. Govindarajanar 8. Who is the Bollywood actor   attended the Italy’s River to River Film Festival from India and honoured by the Government of Italy Ans: Amitabh Bachchan 9. Who became the first Emirati and Arab to win the Tagore Peace Prize on 26 December 2012? Ans: Shihab Ghanem 10. Who was honoured with Canada’s Highest Civilian Award – the Order of Canada in December 2012?Ans: Venkatesh Mannar SPO RTS & GAMES 1. Who won the 23rd Lal Bahadur Shastri hockey tournament at the Shivaji Stadium New Delhi on 4 December 2012? Ans: Air India 2. Who set the record for most goals in a calender year by scoring his 86th goal of 2012? Ans: Barcelona’s soccer   player Lionel Messi 3. Who was named Swiss Female athlete of the year at the 2012 Credit Suisse Sports Awards on 16 December 2012 in Zurich ? Ans: Nicola Spirig 4. Who had been named the ‘ AIFF (All India Football Federation) Player of the Year   on 20 December 2012? Ans: Rahim Nabi 5.Who is the Indian cricketer retired from ODI’s on 23 December 2012? Ans: Sachin Tendulkar 6. Who won the Syed Modi India Grand Prix Gold 2012 title? Ans: Kashyap Parupalli 7. Which country won the Asian Men’s Hockey Champions Trophy 2012 in Qatar on 26 December 2012? Ans: Pakistan 8. Who won the gold medal for India in Azerbaijan boxing tourney? Ans: Aman Indora 9. Who won the World Tennis Championship title on 29 December 2012 in Abu Dhabi ? Ans: Novak Djokovic 10. Who got the gold medal in   the men’s rapid fire pistol event at the 56th National Shooting Championship in New Delhi?Ans: Vijay Kumar 11. Who is the Australian player inducted in the   International Cricket Council’s Hall of Fame  on 4 January 2013 at the Sydney Cricket Ground? Ans: McGrath ECONOMY 1. According to US intelligence counsel which country economy dominate the world economy by 2030? Ans: India 2. According to the   International Telecommunications Communication Union (ITU) Information Society 2012 – Observe report number of cell phone connections exceeding   the world’s population by —— Ans: 2014 3. How much amount was loss by India in the form of black money during the period 2001 to 2010?Ans: $123 billion 4. According to an Associated Chambers of Commerce and Industry of India (Assocham) survey which business group in India perceived to be India’s best-known global brand within and outside the country? Ans: Tata Group SCIENCE & TECNOLOGY 1. What is the name of the scientist developed Smart Phone application to easily observe the heart beat of a patient? Ans: Jems Haythers 2. Which country scientists were developed   a new technology that allows electronic messages sent from mobile phones to be directly projected on to contact lens placed in the recipient’s eyes?Ans: Belgian 3. What are the names of NASA’s twin probes crashed successfully onto Lunar Mountain? Ans: Ebb and Flow 4. Which discovery top placed in Journal Science’s 2012   Top 10 list released on 22 December 2012 ? Ans: Discovery of the Higgs Boson 5. What is the name of protein found by the Chris Ormandy, researcher of Sydney‘s Garvan Institute to makes breast cancer tumours more aggressive and resistant to treatment? Ans: ELF5 PERSONS IN NEWS APPOINTMENTS 1. Who was appointed as Adviser to Finance Minister of India on 6 December 2012? Ans: Parthasarat hy Shome 2.Who appointed as a Senior Security Adviser in Home ministry on 11 December 2012? Ans: Vijay Kumar 3. Who elected as the Chair of the UN auditors panel for the year 2013? Ans: Vinod Rai 4. Who is the first Woman president of FICCI? Ans: Naina Lal Kidwai 5. Who is the first woman president of Chicago-based Federation of Indian Associations (FIA)? Ans: Rita Singh 6. Who was appointed as the new chief of Border Security Force(BSF) on 18 December 2012? Ans: Subhash Joshi 7. Who sworn as the new Chief Minister of Gujarath for 4th consecutive time on 26 December 2012? Ans: Narendra Modi RESIGNS 1.Who is the Singapore’s Parliament speaker resigned on 12 December 2012 over an extramarital affair with a staff member of the People’s Association? Ans: Michael Palmer 2. Who is the Israeli Foreign Minister submitted his resignation on 16 December 2012 due to a pending indictment against him for fraud and breach of trust? Ans: Avigdor Lieberman DEATHS 1. Who is the worldâ €™s oldest woman died on 4 December 2012? Ans: Besse Cooper 2. Who is the world’s tallest woman died on 4 December 2012? Ans: Yao Defen 3. Who is the Britist astronomer and Who was a former president of the British Astronomical Association passes away on 9 December 2012?Ans: Sir Patrick Moore 4. Who is the former Ranji cricketer ,who did the highest score in the first – class cricket died on 11 december 2012? Ans: BB Nimbalkar 5. Who is the Sitar maestro and the receiver of Bharat Ratna passes away in San Diego on 11 December 2012? Ans: Sitar maestro Pandit   Ravi Shankar 6. Who is the co-inventor of bar code with Bernad Silver died on 9 December 2012? Ans: Norman Joseph 7. Who is the   the world’s oldest person and a resident of Iowa, had died on 17 December 2012 in Johnston? Ans: Dina Manfredini 8. Who is the former hockey player and Donee of Padma Shree award died on 20 December 2012?Ans: Leslie Claudius VISITORS 1. Who is the Palestnian Hamas leader visited the Gaza on 6th December 2012? Ans: haled Meshaal 2. Who is the Pakistan’s Interior Minister   visited India from 14 to 16 December 2012? Ans: Rehman Malik MISCELLANEOUS 1. Which country person Jiroemon Kimura (115 years)   had been named   the new oldest person in the world by Guinness World Records on 18 December 2012 ? Ans: Japan 2. Harvard Business Review (HBR) prepared a 100 best performing global chief executives list. Who was the first among the Indian CEOs featured in this list? Ans: Subir Raha PLACES IN NEWS 1.Which of the following country was hit by the powerful earthquake with a magnitude of 7. 3 on 7 December 2012? Ans: Japan ABBREVIATIONS 1. What is the full of  Ã‚   U N F C C C  Ã‚   †¦. ? Ans: United Nations Framework Convention on Climate Change 2. G A A R †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. full form? Ans: General Anti Avoidance Rules BOOKS IN NEWS 1. Who is the author of   Former India opener Late Pankaj Roy Book   Pankaj, Bengal`s Forgotten Hero? Ans: Bengali sports journalist Gautam Bhattacharya 2. What is the name of a   book written by Former Chief Justice P N Bhagwati? Ans: My Tryst with Justice 3. What is the name of the M. S.Subbulakshmi new book launched on December 2012? Ans: M. S. Subbulakshmi – Queen of Carnatic Music COMMITTEES 1. Whose Committee had appointed by Market regulator Sebi to frame a single set of guidelines for all types of foreign investors? Ans: K. M. Chandrashekhar IMPORTANT DAYS & DATES 1. When is the International Mother Tongue Day celebrated? Ans: February, 21 * October 2012 Current Affairs INTERNATIONAL Imran Khan on anti-drone ‘peace march’ to tribal belt Imran Khan on 6th October 2012 set off on a motorcade â€Å"peace march† to the terrorists-riddled South Waziristan to protest US drone strikes in the tribal belt.Venezuelan President Hugo Chavez Re-Elected for fourth term Venezuelan President Hugo Chavez has been re-elected for the third term. Mr Chavez def eated opposition leader Henrique Capriles. Mr Chavez garnered 54. 42 per cent of the vote while his rival bagged 44 per cent votes. Pakistani youth support Malala Yousufzai Pakistani teenaged rights campaigner, Malala Yousafzai, who was on 14th October 2012 shot by the Taliban for publicly opposing them against the girl education. She got the support from all over the world. Ali Zidan elected Libya PMLibya’s 200-member General National Congress has elected a former congressman and human rights lawyer Ali Zidan   as the country’s new Prime Minister on 14th October 2012. Austrian skydiver breaks sound barrier Austrian national Felix Baumgartner, who jumped from a height of 39 km, became the first skydiver to record the highest ever freefall and also the first human to go faster than the speed of sound. Five New Non-Permanent Member Countries Elected to UN Security Council UN General Assembly elected five new non-permanent members to the Security Council. The New Member s are South Korea, Luxembourg, Argentina, Australia and Rwanda.Iran bans export of 50 basic foods to preserve supplies Iran has banned the export of around 50 basic goods in order to preserve supplies of essential items in the wake of tightening Western sanctions. INDIA & WORLD India, Australia signs MoU to strengthen bilateral cooperation India and Austrlia has signed a Memorandum of Understanding (MOU) on 1st October 2012 for strengthening long-term relationship and bilateral Cooperation on Road and Rail Infrastructure. The agreement was signed   between the Minister of Railways and Road Transport and Highways, Dr. C. P.Joshi and visiting Federal Minister of Transport, Innovation and Technology of Austrlia, Mrs. Doris Burse in New Delhi. India, Austrlia tie up to develop ‘smart cities’ India tie up with Austrlia to develop two â€Å"smart cities† in all states with a host of modern features like intelligent transport and carbon neutral status in each of the s tates in the second phase of the Jawaharlal Nehru National Urban Renewal mission. Initially half a million to one million population cities will be developed as smart cities with the help   of Austrian Institute of Technology who is expertise in this field.India gets $500 mn World Bank fund for secondary education World Bank, the multilateral lending agency, and the government of India 5th October   signed a loan agreement worth $ 500 million for Rashtriya Madhyamik Shiksha Abhiyan (RMSA) in the country. India lags behind China, Pak in reducing hunger level India lags behind neighbouring China, Pakistan and Sri Lanka in reducing hunger level, says the 2012 Global Hunger Index (GHI) released by US-based International Food Policy and Research Institute. India is ranked 65th out of 79 countries in GHI, behind China at 2nd place, Pakistan at 57 and Sri Lanka at 37.IOC signs MoU with Korea Gas Indian Oil Corporation (IOC), on 17th October 2012, entered into a memorandum of understand ing (MoU) with Korea Gas Corporation (Kogas) for jointly exploring opportunities in exploration of oil and gas and LNG business. Cabinet clears Rs 8,000cr missile purchase for armed forces Proposals worth over Rs 8,000 crore for procuring around 10,000 ‘Invar’ missiles from Russia for the Army’s T-90 tanks and over 200 air-launched versions of the BrahMos supersonic cruise missiles for the IAF were cleared on 18th October 2012 by the Cabinet Committee on Security (CCS).India and Australia Sign Four Agreements of Cooperation India and Australia agreed to expand cooperation in security and Defence including fight against terrorism. They also agreed to begin negotiations for an agreement on Civil Nuclear Energy Cooperation which will precede actual cooperation. Both the countries also signed four agreements in the field of space science technology and education, cooperation in student mobility and welfare, skill development and textiles. Iran to complete gas pipelin e work by year-endIran has said it was for India and Pakistan to sort out issues related to the proposed Indo-Iran gas pipeline, even as it committed itself to complete its part of 800 km of gas pipeline to India till Irani boundaries by the end of this year. India, New Zealand sign five pacts to cooperate in field of education India and New Zealand signed five Memoranda of Understanding in the different fields of education on 19th October 2012. India, Switzerland to cooperate in Transport sector India and Switzerland on 19th October 2012 discussed ways and means for enhancing cooperation in the field of Transport sector including roads and Railways.India & Pakistan may introduce a common currency called â€Å"Papee† After taking into consideration the decade long success of Euro, and due to increasing demands of businessmen of India (and terrorists of Pakistan), both countries’ ruling leaders (i. e. India’s UPA, and Pakistan’s Military) are thinking abou t introducing a common currency for India and Pakistan. The name with the highest votes , is a word derived by adding â€Å"pa† from ‘Pa’kistan and â€Å"pee† from Indian Ru’pee’ i. e. â€Å"Papee† Hyderabad is world’s 3rd best city to visit in 2013Hyderabad has been named as one of the best cities in the world to visit in 2013 by travel guide book Lonely Planet published on 22nd October 2012. The top 10 cities according to Lonely Planet to visit in 2013 are San Francisco, Amsterdam, Hyderabad, Derry/Londonderry, Beijing, Christchurch, Hobart, Montreal, Addis Ababa and Puerto Iguazu. India, Japan focus on expanding defence cooperation India and Japan on 22nd October 2012 discussed ways to expand their security and defence cooperation at a meeting of their foreign and defence secretaries in Tokyo. Super 30’ ties up with Tokyo University The ‘Super 30’ programme for training students of the backward sections fo r the IIT-JEE tied up on 24th October 2012 with the University of Tokyo, which will sponsor study of its students in Japan. This agreement is a follow-up of the Japanese Government Program named Global 30, of engagement with Super 30 for increasing the flow of Indian Students to Japan. –7th SAFF begins in Goa The Seventh South Asia Film Festival (SAFF)-2012 held   at Panaji in Goa from. India-US-Japan trilateral meetThe US’ ‘pivot-to-Asia’ policy, Iran, China-Japan maritime dispute and South China Sea will be among the issues to be discussed during the 3rd round of India-US-Japan Trilateral dialogue in New Delhi on 29th October 2012. The meet will also focus on finding areas of cooperation between the three countries. India to give financial assistance to Nepal’s Palpa District India is to provide an assistance of four crore and thirty-three lakh Nepali rupees for Palpa District in Western Nepal on 31st October 2012. NATIONAL FICCI urges Centre to ban bauxite exportsTrade body Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Union ministry of commerce and industry to ban bauxite exports fearing closure of alumina refineries for shortage of the key raw material required to produce alumina. Supreme Court directs Centre and states to provide basic facilities to students The Supreme Court on 3rd October 2012 directed all schools across the country to provide basic infrastructure facilities like drinking water and toilets to school children within six months and failure to implement will be viewed seriously.The order was passed on a petition filed by an NGO Environmental and Consumer Protection Foundation. Kejriwal forms political party, promises to change the system Social activist Arvind Kejriwal added a new dimension to his movement against corruption as he formally launched his political party and said it belonged to the people of the nation. Ministry of Rural Development Launched Nirmal Bharat Yat ra Ministry of rural development on 3 October 2012 started a campaign named Nirmal Bharat Yatra which focuses on making the country free from open defecation.The yatra will begin from Wardha District of Maharashtra from 3 october 2012 and will go through Indore, Kota, Gwalior, and Gorakhpur and end up in Bettiah district of Bihar on November 17, covering about 2000 km of distance. SC orders new survey to identify bonded labour The Supreme Court on 15th October 2012 directed all states and Union Territories to conduct fresh surveys to identify bonded labour problems in the country and regretted that a large number of children continue to work as domestic help even after the enactment of the Right to Education Act.Centre to launch Aadhaar based delivery system The much awaited Aadhaar enabled system for direct cash transfer to beneficiaries under social schemes such as MNREGA and pension will be launched on 19th October 2012 by PM Manmohan Singh at Dudu, Rajasthan. India’s infa nt mortality rate drops India’s infant mortality rate (IMR) has come down by three points from 47 to 44 deaths per 1,000 live births during 2011. Centre, states sign MoU for broadband linking of villagesThe Central government has signed a tripartite agreement with 16 states and union territories and a special purpose vehicle Bharat Broadband Network Ltd (BBNL) has been launched to expedite the mission of connecting every gram panchayat with broadband network. Reshuffling of Central Cabinet Cabinet Ministers| Portfolio| M. Veeerappa Moily| Petroleum & Natural Gas| S. Jaipal Reddy| Science & Technology and Earth Science| Kamal Nath| Urban Development & Parliamentary Affairs| Vayalar Ravi| Overseas Indian Affairs|Kapil Sibal| Communications & Information Technology| C. P. Joshi| Road Transport & Highways| Kumar Selja| Social Justice & Empowerment| Pawan Kumar Bansal| Railways| Salman Khursheed| External   Affairs| Jairam Ramesh| Rural Development| K. Rahman Khan| Minority Affa irs| Dinsha J. Patel| Mines| Ajay Maken| Housing & Urban Poverty Alleviation| M. M. Pallam Raju| Human Resource Development| Ashwani Kumar| Law & Justice| Harish Rawat| Water Resources| Chandresh Kumar Katoch| Culture| | |Ministers of State with Independent Charge| Portfolio| | | Jyotiraditya Madharao Scindia| Power| K. H. Muniappa| Micro, Small & Medium Enterprises| Sachin Pilot| Corporate Affairs| Jitendra Singh| Youth Affairs & Sports| Manish Tewari| Information & Broadcasting| K. Chiranjeevi| Tourism| | | Ministers of State| Portfolio| E. Ahamed| External Affairs| D. Purandeswari| Commerce & Industry| Jitin Prasada| Defence & Human Resource Development| S. Jagathrakshakan| New & Renewable Energy| R. P. N.Singh| Home| K. C. Venugopal| Civil Aviation| Rajeev Shukla| Parliamentary Affairs & Planning| Shashi Tharoor| Human Resource Development| Kodikunni Suresh| Labour & Employment| Tariq Anwar| Agriculture & Food Processing Industries| K. J. Surya Prakash Reddy| Railways| Ranee Nar ah| Tribal Affairs| Adhir Ranjan Chowdhury| Railways| A. H. Khan Choudhury| Health & Family Welfare| Sarvey Sathyanarayana| Road Transport & Highways| Ninong Ering| Minority Affairs| Deepa Dasmunsi| Urban Development|Porika Balram Naik| Social Justice & Empowerment| Kruparani Killi| Communication & Inforamtion Technology| Lalchand Kataria| Defence| |   | Resigned Cabinet Ministers| Portfolio| S. M. Krishna| External Affairs| Ambika Soni| Information and Broadcasting| Mukul Wasnik| Tourism| Mahadev Khandela| Minister of State Justice and Empowerment| | | STATES Door-to-door cancer campaign in Punjab Punjab Chief Minister Parkash Singh Badal   sanctioned the â€Å"biggest ever† door-to-door campaign for a symptoms-based early detection and awareness about cancer.At least 50,000 personnel and volunteers would visit 54 lakh households in 12,603 villages and 217 census towns, for the exercise that begins in Faridkot district on October 2. In Goa Housewives with family income l ess than Rs 3 lakh to get Rs 1000 to fight inflation Housewives in Goa just got a breather from rising inflation, the Bharatiya Janata Party (BJP)-led coalition government on 2nd October 2012 launched a scheme to provide an allowance of Rs 1,000 a month to housewives in households whose annual incomes are less than Rs 3 lakh.EC announces dates for assembly polls in Gujarat and Himachal Pradesh The Election Commission on 3rd October 2012 announced dates for Gujarat and Himachal Pradesh Assembly elections. While Gujarat will have elections in two phases – December 13 and 17, Himachal Pradesh will vote on November 4. The counting for both the assembly elections will take place on December 20. UP government announces ban on gutka industry from April 2013 On 3rd October 2012   Uttar Pradesh government   decided to impose a ban on gutka industry in the state with effect from April 2013.Supreme Court   bans mining activities in Goa In Goa, the Supreme Court imposed a complete ban on the mining activities as well as transportation of iron and manganese ore on 5th October 2012. Arvind Kejriwal launches ‘bijli-paani satyagraha’ in Delhi Activist Arvind Kejriwal on 6th Octomber 2012 launched a ‘bijli-paani satyagraha’ in Delhi to protest against â€Å"inflated† power and water bills and hike in tariffs by restoring electricity connection to the household of a labourer which was disconnected for non-payment of bills.EC fiat to Himachal Pradesh On 7th October 2012 The Election Commission (EC)   stopped the BJP government in Himachal Pradesh from distributing free PDS bags carrying photographs of former prime minister Atal Bihari Vajpayee. Maharashtra tribals demand ban on alcohol Tribal women from Maharashtra’s Chandrapur have sent 80,000 postcards to Chief Miniter Prithviraj Chavan asking to make the district liquor-free. UPRVUNL, NLC to set up thermal plant at GhatampurThe UP Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) and the central government PSU Neyveli Lignite Corporation Ltd (NLCL) signed a joint venture agreement (JVA) to set up a 2,000 MW thermal power plant at Ghatampur (Kanpur)   on 7th October 2012 . Union Government ruled out the decision of Cauvery River Authority Decision of the Cauvery River Authority was ruled out by the Prime Minister Manmohan Singh on 8 October 2012. The Prime Minister ordered Karnataka to release 9000 cusecs of water to Tamil Nadu every day, till 20 October 2012.Railways   put 400 CCTVs at 10 stations to improve security system The Delhi division of Northern Railway   authorities have completed the installation of 400 CCTVs at 10 stations with Rs. 20 crore to ensure better security and mobility at its stations. Only in the New Delhi Railway station they installed more than 100 CCTV cameras as part of an integrated security system (ISS). President’s son Abhijit Mukherjee wins Jangipur Lok Sabha by-poll Abhijit Mukherjee, son of President Pranab Mukhe rjee and Congress candidate, on 13th October 2012 won the Jangipur Lok Sabha by-election by 2,536 votes defeating the CPI-M rival Muzaffar Hussain.Union Power Ministry gave its Nod to Implement Islanding Scheme in Delhi The Union Power Minister Veerapa Moily on 17 October 2012 announced the implementation of Islanding Scheme for Delhi by January 2013 to protect it from massive disruptions caused due to grid failures in power supply. The scheme of Delhi is different to that of the existing ones in cities like Mumbai and Kolkata because the transmission lines of different states is routed through Delhi. Haryana to give Rs. 11,000 to couples at mass weddingsThe Haryana Government has announced on 20th October 2012 that it will give Rs. 11,000 to each newly wedding couple at a mass marriage. Uttarakhand Named best Performing States in terms of Environmental standards The state of Uttarakhand on 29 October 2012 tops the Environmental Performance Index (EPI) list of being best-performing States and Union territories in terms of environmental well-being released by Planning Commission. CONFERENCES The international biodiversity meet in HyderabadThe XI Conference of Parties (CoP-11) on the Convention on Biological Diversity (CBD) being hosted by India at Hyderabad starts on 1st October 2012. Asia Co-operation Dialogue Summit held in Kuwait Asia Co-operation Dialogue Summit has given a call for stronger co-operation among member nations and to work for the improvement of living conditions. Leaders from 32 countries pledged to focus on key areas to fulfill the aspirations of the people. These include sustainable energy and evelopment, economic growth, food security, trade and commerce, health care, climate change and co-operation in financial and education sectors. South Korea to host next UN biodiversity meet in 2014 South Korea will host the 12th meeting of the Conference of the Parties (COP12) to the Convention on Biological Diversity in 2014, it was announced in Hyd erabad on 19th October 2012. Third Worldwide Cybersecurity Summit The 3rd Worldwide Cybersecurity Summit organized by EastWest Institute, a New York based think-and-do tank, kick-started in the New Delhi on 30th October 2012. AWARDS & HONOURSPresident Confers Shastri awards to ISRO scientist Tessy Thomas On 1st October 2012 President Pranab Mukherjee   conferred the prestigious Lal Bahadur Shastri National Award 2012 to ISRO scientist Tessy Thomas at an award function in Rashtrapati Bhawan. Lal Bahadur Shastri National Award is conferred every year for doing excellent work in the field of Public Administration, Academics and Management. Banaras Hindu University VC wins MV Pylee award for best academician Banaras Hindu University (BHU) vice chancellor and renowned molecular biology scientist Dr Lalji Singh has won the 7th MV Pylee award for the best academician.The MV Pylee award was constituted in year 1996 in honour of Cochin University’s former vice chancellor MV Pylee. T he award includes Rs 2 lakh, a memento and citation for excellence in teaching and research and contribution to academic community. It is awarded once every three years. S. No| Department| Name of the Person/ Organization| Country| Field of Research| 1. | PHYSICS| Serge Haroche and| France| For ground-breaking experimental methods that enable measuring and manipulation of individual quantum systems| | | David J. Wineland| America| | 2. CHEMISTRY| Robert J. Lefkowitz and| America| For studies of G-Protein-coupled receptors| | | Brain K. Kobilka| America| | 3. | PHYSIOLOGY OR MEDICINE| Sir John B. Gurdon and| Britan| For the discovery that mature cells can be reprogrammed to become pluripotent| | | Shinya Yamanaka| Japan| | 4. | ECONOMIC SCIENCES| Alvin E. Roth and| America| For the theory of stable allocations and the practice of market design| | | Lioyd S. Shapley| America| | 5. | LITERATURE| Mo Yan| China| Who with hallucinatory realism merges folk tales, history and the contempora ry| 6. PEACE PRIZE| European Union (EU)| Europe| For over six decades contributed to the advancement of peace and reconciliation. Democracy and   human rights in Europe. |   Sachin Tendulkar to be made member of Order of Australia Australian Prime Minister Julia Gillard made the announcement on 16th October 2012 that the first Indian sportsperson   Tendulkar to be conferred with the Membership of the Order of Australia, an honour â€Å"rarely† bestowed on non-Australians. First-ever India Biodiversity Awards presentedThe women who led the ecological restoration of Gundlaba village in Odisha’s Puri district after the 1999 super cyclone are among the four winners of the first India Biodiversity Awards. The awards, instituted by the Ministry of Environment and Forests and the United Nation Development Programme (UNDP). Vijay Kumar honoured with ‘Services Best Sportsman’ London Olympics silver medallist shooter Vijay Kumar was named as the ‘Service s Best Sportsman’ award for 2012 at the Army Headquarters in New Delhi.The award   is   given to best sportsman from out of all the three services-Army, Air Force Navy. Bangladesh honours fifty-two Indians Bangladesh has honoured foreign friends who contributed to achieve the nation’s independence from Pakistan in 1971. Of the 61 recipients of the award in the third phase, 52 are from India and the rest are from Nepal, the United States, the United Kingdom, Vietnam, Australia, Sweden, and Italy. The former Indian Prime Minister, I. K. Gujral, and the former Nepalese Prime Minister, the late Girija Prasad Koirala, received the Bangladesh Muktijuddho Sammanana.Singham Bravery Award Posthumously given to IAS and Security Personnel Narendra Kumar the IPS officer who was brutally killed by illegal mining mafia in Madhya Pradesh and many other Security Personnel who had laid down their life for fighting against Maoists and anti Social element on 21 October 2012 were awar ded with Singham Bravery Awards. Bangladesh honours Babu Jagjivan Ram Former Deputy Prime Minister and Defence Minister of India, late Babu Jagjivan Ram has been awarded with the â€Å"Friends of Liberation War Honour† by the Government of Bangladesh for his contribution in the 1971 War.Narayan Murthy honoured with Hoover Medal IT giant Infosys founder, N. R. Narayan Murthy honoured with Hoover Medal for promoting science at Global Humanitarian Technology Conference in Washington. Gavaskar to receive BCCI’s lifetime achievement award Former India captain Sunil Gavaskar will be conferred the Col C K Nayudu Lifetime Achievement award at the annual BCCI awards function on 25th October 2012. Amitabh Bachchan gets best TV host award for Kaun Banega Crorepati Amitabh Bachchan has won the best television host award for the popular game show Kaun Banega Crorepati.Lord Indarjit Singh conferred Punjab Ratan Award Lord Indarjit Singh, the first member of the House of Lords to wea r a turban, has been presented with the ‘Punjab Ratan’ (Jewel of Punjab) award by the World Punjabi Organisation, in recognition of his contribution to promoting Punjabi culture, heritage and inter-faith services. Delhi Metro bags JICA President Award The Delhi Metro Rail Corporation (DMRC) was awarded the prestigious Japan International Cooperation Agency (JICA) President’s Award 2012 on 29th October 2012.Noted film lyricist and poet Gulzar presented with Indira Gandhi award for National Integration The Indira Gandhi award for National Integration for 2011 has been given to noted film lyricist and poet Gulzar in recognition of his contribution to national integration. SPORTS & GAMES Indian judokas win 2 silver, 3 bronze in Asian Championship Indian judokas bagged two silver and three bronze in the Asian Youth and Junior Championships held in Chinese Taipei. In the Youth Championships, Vijay Kumar Yadav and Besto Rani Devi won a silver each in boys’ 60kg a nd girls’ 48kg categories respectively.Preety and Mongjam Kabita Devi won a bronze each in gilrs’ 40kg and 44kg respectively in the September 28-30 event. Khaidem Rashi Devi bagged a bronze in 70kg category in the junior section. Indian judokas had won one gold, four silver and two bronze in the Asian Youth and Junior Championships in Lebanon last year. India move up to 2nd spot in T20 rankings India might have failed to qualify for the semi-finals of the ongoing ICC World Twenty20, but four wins out of five matches have pushed the India by one place to the second spot in the latest T20 International team rankings released on 3rd October 2012.India now trail Sri Lanka (129) by nine points and are followed by Pakistan (118) and England (118). India 168th in FIFA rankings Indian football team moved a place up to be 168th in the latest FIFA rankings, India, who last month won a hat-trick of Nehru Cup titles, have 114 points. Red Bull driver Vettel wins Japanese Grand Prix Sebastian Vettel ,the driver   Red Bull won the Japanese Grand Prix 2012 on 7th Ocober 2012. Australia retain women’s World Twenty20 title The Australian Women Cricket team on 7 October 2012 defeated England by four runs to retain the Women T-20 world cup title.West Indies won the ICC World Twenty20 Tournament West Indies 7th October 2012 clinched the ICC World Twenty20 crown with a comfortable 36-run victory over Sri Lanka. Kaltenborn becomes first female F1 team principal India born Monisha Kalterborn is set to become Formula 1? s first woman team principal after she takes charges from founder of Sauber chief Peter Sauber on 12th October 2012. Jeevan Neduncheziyan and Prerna Bhambri emerge champions Jeevan Neduncheziyan and Prerna Bhambri emerge champions in the Fenesta Open national tennis championship at the RK Khanna Stadium in New Delhi on 13thOctober 2012. Hat-trick for Vettel Sebastian Vettel has claimed his third successive victory at the Korean GP on 14h October 2012. He is already won the Singapore and Japan GP titles. Novak Djokovic beats Andy Murray to win Shanghai Masters Novak Djokovic beated British Tennis Player Andy Murray, on 14 October 2012 saving five match points to seal a stunning 5- 7, 7- 6 ( 13/ 11), 6- 3 victory in the Shanghai Rolex Masters final. Bhullar wins Macau Open golf India’s Gaganjeet Bhullar completed a commanding start-to-finish victory at the Venetian Macau Open golf on 14th October 2012.India’s Saina Nehwal win Denmark Open Badminton Title Indian badminton player and Olympic bronze medallist Saina Nehwal has won the Denmark Open Super Series Premier trophy on 21st October 2012. Martin Guptill wins NZ top cricket award Opening batsman of New Zealand Cricket team Martin Guptill on 18 October 2012 claimed the top honour at the New Zealand Cricket Awards in Auckland, winning the Sir Richard Hadlee Medal for 2011-12. Martin Guptill was also named ODI and Twenty20 player of the year, based on performanc es between 1 September 2011 and 31 August 2012. Anaka Alankamony clinches her second WISPA titleAsian junior gold medallist Anaka Alankamony today claimed her second title and first one abroad in the women’s professional squash tour when she beaten the   top seed Kylie Lindsay of New Zealand in the final of the Ipswich Open in Queensland. Lance Armstrong stripped of his 7 Tour de France titles, banned for life Cycling’s governing body agreed on 22nd October 2012 to strip Lance Armstrong of his seven Tour de France titles and ban him for life, following a report from the US Anti-Doping Agency (USADA) that accused him of leading a massive doping program on his teams.Women’s Indian Golf Open from November 30 The creme-de-la-creme of Indian women’s golf will be up against a strong international field, including the likes of Laura Davies and defending champion Caroline Hedwall, when the tri-sanctioned Hero Women’s Golf Open tees off from November 30. Sun TV Network Acquired Hyderabad IPL Franchise Chennai based SUN TV Network acquired the Indian Premier League (IPL) Hyderabad franchise on 25 October 2012 for an enormous amount of 85. 05 crore Rupees per year.Sebastian Vettel won F1 Second Indian Grand Prix Red Bull driver Sebastian Vettel won the Indian Grand Prix 2012 on 28 October 2012 at the Buddh International Circuit (BIC) for the second time in a row extending his Formula One championship lead. This is his fourth consecutive success in this year. Pankaj Advani defeats Russell, clinches seventh World Billiards Championship title India`s Pankaj Advani won his seventh World billiards title when he outclassed defending champion Mike Russell 1,895-1,216 in the final on 28th October 2012.Joshna Chinappa wins Penang Open squash title India’s top squash player Joshna Chinappa claimed the IJM Land Penang Open, defeating top seed and local favourite Siti Munirah Jusoh in straight games on 28th October 2012. India retains thir d spot in ICC ODI ranking India retains the third spot in the ICC ODI ranking after England and South Africa. England has retained the top spot in the latest ODI rankings with 121 points followed by South Africa. The latest ICC rankings were released in Dubai on 30th October 2012.India lifts the Asian Cricket Council Women’s Twenty-20   trophy at   Guangzhou in China Indian women lifted the title of Asian Cricket Council Women’s Twenty-20 Asia Cup cricket tournament by defeatingthe Pakistan by 18   runs in the final match at Guangzhou in China. ECONOMY Govt approves 49% FDI in insurance & pension sectors On 4th October 2012 The Cabinet has cleared proposals to allow more Foreign Direct Investment or FDI in the insurance and pension sectors. In both the sectors government approves 49% of FDI’s. Govt approves 12th Five-Year PlanOn 4th October 2012 Government approved the 12th Five-Year Plan (2012-17) document that aims to achieve annual average economic grow th rate of 8. 2 per cent, down from   9 per cent envisaged earlier, in view of fragile global recovery. HDFC Bank partners Indian Oil Corporation to offer rural banking services HDFC Bank has partnered Indian Oil Corporation to provide banking services in the rural areas where IOC’s petrol pump outlets Kisan Seva Kendras will act as the business correspondents for the banks. IMF cuts India’s Growth Forecast for 2012 to 4. 9 Percent The International Monetary Fund (IMF) has slashed India’s growth forecast to 4. per cent for 2012 due to low business confidence and â€Å"sluggish structural reforms†. India-US trade to touch $100 bn Bilateral trade between India and the US is expected to touch USD 100 billion in the coming years on increasing economic engagement between the countries. Rangarajan lowers FY13 GDP growth forecast to 6% Prime Minister’s key advisor C Rangarajan 25th October 2012 lowered the growth projection for the current fiscal to 6 p er cent from 6. 7 per cent estimated earlier. SCIENCE & TECHNOLOGY Scientists discover bacteria that can produce 24-carat goldScientists have discovered a bacteria that has the ability to withstand incredible amounts of toxicity and can be the key to creating 24-carat gold. Researchers from the Michigan State University have found that the metal-tolerant bacteria ‘Cupriavidus metallidurans’ can grow on massive concentrations of gold chloride or liquid gold, a toxic chemical compound found in nature. India sucessfully test-fires Prithvi-II ballistic missile On 4th October 2012 India sucessfully test-fired surface-to-surface Prithvi-II ballistic missile from the Integrated Test Range (ITR) in Chandipur of Balasore district off Odisha coast.India successfully test-fires nuclear-capable Dhanush missile A day after the launch of Prithvi-II, India successfully test-fired nuclear-capable Dhanush ballistic missile for its full range of 350 km from a naval ship off Odisha on 5th October 2012. Australia launches world’s fastest radio telescope In the remote Australian outback, scientists have launched the world’s fastest radio telescope which will exponentially increase astronomers’ ability to survey the universe, mapping black holes and shedding new light on the origins of galaxies.The Australian Square Kilometre Array Pathfinder (ASKAP), located near the region of Murchison about 650 kilometres north of Perth, was officially opened 5th October 2012 by Science Minister Chris Evans. Indian navy successfully test-fires BrahMos supersonic cruise missile The Indian Navy on 7th October 2012   successfully test-fired the 290-km range BrahMos supersonic cruise missile, capable of carrying a conventional warhead of 300 kg, from a warship off the Goa coast. The Barcode Turns 60 Years Old October 7, 2012 marks the 60th anniversary of the registration of the first bar code patent.