Professional Documents
Culture Documents
Small finance banks are a type of niche banks in India. Banks with a small finance bank license
can provide basic banking service of acceptance of deposits and lending. The aim behind these
to provide financial inclusion sections of the economy not being served by other banks, such as
small business units, small and marginal farmers, micro and small industries and unorganised
sector entities.
The firms must have a capital of Rs.100 crore. Existing non-banking financial companies (NBFC),
micro-finance institutions (MFI) and local area banks (LAB) are allowed to set up small finance
banks. The promoters should have 10 years experience in banking and finance. The promoters
stake in the paid-up equity capital will be 40% initially which must be brought down to 26% in
12 years. Joint ventures are not permitted. Foreign share holding will be allowed in these banks
as per the rules for FDI in private banks in India.
The banks will not be restricted to any region. 75% of its net credits should be in priority sector
lending and 50% of the loans in its portfolio must in 25 lakh range.
On 17 July 2014, the Reserve Bank of India (RBI) released the draft guidelines for small finance
banks, seeking comments for interested entities and the general public. The final guidelines
were released by RBI on 27 November 2014. It was also announced that interested parties
should submit applications before 16 January 2015.
In February 2015, RBI released the list of entities which had applied for a small finance bank
license. There were 72 applicants. It was also announced that an external advisory committee
headed by Usha Thorat will evaluate the license applications.
On 17 September 2015, The Reserve Bank of India (RBI) announced that it had given
provisional licenses to 10 entities who would have to convert into Small Finance Banks within
one year.
First Small Finance Bank of India - Capital Small Finance Bank Ltd (CSFB), the bank has its
headquarters in Jalandhar to start operations on April 24, 2016.
Capital Small Finance Bank Limited becomes India's 1st Small Finance Bank to start operations
on April 24, 2016. Capital Local Area Bank along with nine other entities was granted in-
principle approval by the Reserve Bank of India to set up 'Small Finance Bank' on September 16,
2015. Capital Local Area Bank, the largest Local Area Bank in the country, before conversion to
'Small Finance Bank' has been into operations for last 16 years with excellent performance in
all spheres.
Names of selected applicants
1. Au Financiers (India) Ltd., Jaipur
2. Capital Local Area Bank Ltd., Jalandhar
3. Disha Microfin Private Ltd., Ahmedabad
4. Equitas Holdings P Limited, Chennai
5. ESAF Microfinance and Investments Private Ltd., Chennai
6. Janalakshmi Financial Services Private Limited, Bengaluru
7. RGVN (North East) Microfinance Limited, Guwahati
8. Suryoday Micro Finance Private Ltd., Navi Mumbai
9. Ujjivan Financial Services Private Ltd., Bengaluru
10. Utkarsh Micro Finance Private Ltd., Varanasi
Payments bank
The minimum capital requirement is Rs 100 crore. For the first five years, the stake of the
promoter should be 40% minimum. Foreign share holding will be allowed in these banks as
per the rules for FDI in private banks in India. The voting rights will be regulated by the Banking
Regulation Act, 1949. The voting right of any shareholder is capped at 10%, which can be raised
to 26% by Reserve Bank of India (RBI). Any acquisition of more than 5% will require approval
of the RBI. The majority of the bank's board of director should consist of independent directors,
appointed according to RBI guidelines.
The bank should be fully networked from the beginning. The bank can accept utility bills. It
cannot form subsidiaries to undertake non-banking activities. Initially, the deposits will be
capped at Rs.100,000 per customer, but it may be raised by the RBI based on the performance
of the bank. The bank cannot undertake lending activities. 25% of its branches must be in the
unbanked rural area. The bank must use the term "payments bank" in its to differentiate it from
other types of bank. The banks will be licensed as payments banks under Section 22 of the
Banking Regulation Act, 1949 and will be registered as public limited company under the
Companies Act, 2013.
On 23 September 2013, Committee on Comprehensive Financial Services for Small Businesses
and Low Income Households, headed by Nachiket Mor, was formed by the RBI. On 7 January
2014, the Nachiket Mor committee submitted its final report. Among its various
recommendations, it recommended the formation of a new category of bank called payments
bank. On 17 July 2014, the RBI released the draft guidelines for payment banks, seeking
comments for interested entities and the general public. On 27 November, RBI released the final
guidelines for payment banks.
In February 2015, RBI released the list of entities which had applied for a payments bank licence.
There were 41 applicants. It was also announced that an external advisory committee (EAC)
headed by Nachiket Mor would evaluate the licence applications. On 28 February 2015, during
the presentation of the Budget it was announced that India Post will use its large network to run
a payments bank. The external advisory committee headed by Nachiket Mor submitted its
findings on 6 July 2015. The applicant entities were examined for their financial track record and
governance issues. On 19 August 2015, the Reserve Bank of India gave "in-principle" licences
to eleven entities to launch payments banks:
The "in-principle" license is valid for 18 months within which the entities must fulfill the
requirements. They are not allowed to engage in banking activities within the period. The RBI
will consider grant full licenses under Section 22 of the Banking Regulation Act, 1949, after it is
satisfied that the conditions have been fulfilled.
Bharti Airtel first entity to get payments bank licence from RBI
Tech Mahindra
Dilip Shanghvi
Cholamandalam Investment and Finance
Co-operative Banks
Co-operative banks in India also perform fundamental banking activities but they are different
from commercial banks. Commercial banks have been constituted by an Act passed by
parliament while co-operative banks have been constituted by different States under various
Acts related to co-operative societies of various states.
Co-operative bank organisation in India has three tier set up.
1. State Co-operative Bank is the apex co-operative institution in the state.
2. Central or District Co-operative Bank works as district level.
3. At the lowest level co-operative set-up is Primary Credit Agency which works at village
level.
Indian credit rating industry mainly comprises of CRISIL, ICRA, CARE, ONICRA, FITCH (India Ratings &
Research) & SMERA.
Note: CRISIL is the largest credit rating agency in India, with a market share of greater than 60%.
Leading Credit Rating Agency in World
Toady in modern era supremacy of any nation does not depend upon the area and military power.
Economy is the biggest criteria for the development of any nation. Now the war is of economy.
Singapore, Hong Kong, Switzerland etc are some of the example of the dominance of economy in the
world despite of their weak military power and smaller area.
Foreign direct investment (FDI) is an investment made by a company or individual in one country in
business interests in another country, in the form of either establishing business operations or
acquiring business assets in the other country, such as ownership or controlling interest in a foreign
company.
Foreign direct investments are commonly categorized as being horizontal, vertical or conglomerate in
nature.
A horizontal direct investment: In this type of investment, investors establish the same type of business
operation in the foreign countries as it operates in its home country.
A vertical direct investment: A vertical investment is one in which different but related business
activities from the investor's main business are established or acquired in a foreign country.
A conglomerate type of foreign direct investment is one where a company or individual makes a foreign
investment in a business that is unrelated to its existing business in its home country.
India open its economy in 1991 and now it has became one of the fastest growing economies in the
world. Infact India has become on the most open economies in the world and its 92% FDI comes through
the automatic route.
In India the Foreign Investment Promotion Board (FIPB) offers a single window clearance for
applications on Foreign Direct Investment (FDI) that are under the approval route.
Where as the sectors under automatic route do not require any prior approval from FIPB and are subject
to only sectoral laws.
Present Indian Government concept of "Make in India" has open its market for the investment of
more and more FDI in Indian economy. Indian PM has invited the foreign investors to invest in Indian
market from the international arena. During FY2015, India received the maximum FDI equity inflows
from Mauritius at US$ 9.03 billion, followed by Singapore (US$ 6.74 billion), Netherlands (US$ 3.43
billion), Japan (US$ 2.08 billion) and the US (US$ 1.82 billion).
There are some concerns from investors point of view especially when they invest in Indian economy.
Many Investors complained about the tax structure, Problem of bureaucracy, clearance at different
stages, Infrastructure, Land acquisition and different government in center and state level are the main
concern.
Present government has taken a lot of initiative for FDI reforms, a high-level meeting chaired by Prime
Minister Narendra Modi, paved the way for companies such as Apple and Microsoft to set shop in India.
In defence, foreign investment beyond 49 per cent (and upto 100 per cent) has been permitted
through the government approval route, in cases resulting in access to modern technology in the
country.
To promote the development of pharmaceutical sector, the government has permitted up to 74 per
cent FDI under automatic route in existing pharmaceutical ventures. The government has permitted
100 per cent FDI in India-based airlines. However, a foreign carrier can only own upto 49 per cent
stake in the venture, and the rest can come from a private investors including those based overseas.
These are the some of the initiative taken by the present government to improve the economy of India
and attract more and more FDI in India. Today India is competing with the whole world and especially
with china in that circumstance India need to promote its economy and work on the concern of the
Investors. India needs to change from service sector to manufacturing sector.
FDI in India
Foreign Direct Investment (FDI) in India is the major monetary source for economic
development in India. Foreign companies invest directly in fast growing private Indian
businesses to take benefits of cheaper wages and changing business environment of India.
Economic liberalisation started in India in wake of the 1991 economic crisis and since then FDI
has steadily increased in India. According to the Financial Times, in 2015 India overtook China
and the US as the top destination for the Foreign Direct Investment. In first half of the 2015,
India attracted investment of $31 billion compared to $28 billion and $27 billion of China and
the US respectively.
Routes
There are two routes by which India gets FDI.
Automatic route: By this route FDI is allowed without prior approval by Government or Reserve
Bank of India.
Government route: Prior approval by government is needed via this route. Foreign Investment
Promotion Board is the responsible agency to oversee this route.
India replaces China as top FDI destination in 2015: FDI Intelligence Report
According to FDI Intelligence Report India has replaced China as the top Foreign Direct
Investment (FDI) destination by attracting $63 billion worth FDI projects in 2015.
FDI Intelligence is a division of international media company The Financial Times Limited.
India was the highest-ranked country by capital investment in the year 2015, with 63 billion
dollars-worth of FDI projects announced.
India has replaced China as the top destination for FDI by capital investment following of high-
value project announcements.
Top destination states for FDI in 2015 in India: Gujarat was on top which had attracted $12.4
billion. Maharashtra was second attracting $8.3 billion respectively in 2015.
DIPP notifies 49% FDI under automatic route in Insurance and Pension sector
The Union Commerce and Industry Ministry has notified foreign direct investment (FDI) upto
49% in insurance and pension sector will be under automatic route.
In this regard, Department of Industrial Policy and Promotion (DIPP) has issued official
notification to liberalise its FDI policy in insurance and pension sector.
However, FDI above 49% will be subject to approval of the Foreign Investment Promotion
Board (FIPB). Prior to this, only up to 26% FDI was permitted through the automatic approval
route in insurance and pension sector.
Union Government in 2015 had increased the FDI cap in insurance and pension sector to 49%
from 26%, respectively. But it was subject to the condition that ownership and control remains
with the Indian promoter at all times.
Thus, existing guidelines on Indian management and control will have to be verified by the
respective regulators, Insurance Regulatory and Development Authority of India (IRDAI) and
Pension Fund Regulatory and Development Authority (PFRDA).
Presently there are 52 insurance companies operating in India, of which 28 are in general
insurance and 24 are in life insurance business. FDI into the country has grown by record 40%
to $29.44 billion during April-December 2015.
Singapore replaces Mauritius as top source of FDI into India
Singapore has replaced Mauritius as the top source of foreign direct investment (FDI) into India
during the first half of the current fiscal year 2015-16.
It was unveiled by the data during April to September 2015 period released by the Department
of Industrial Policy and Promotion (DIPP).
India has attracted 6.69 billion dollars FDI from Singapore while it received 3.66 billion dollars
from Mauritius.
Highest foreign investment sector wise: Computer software and hardware (3.05 billion
dollars), trading (2.30 billion dollars), services and automobile (1.46 billion dollars each) and
telecommunications (659 million dollars).
Union Cabinet allows 100 per cent FDI under automatic route for white label ATMs
White labeled ATMs Private non-bank companies that own and operate their own brand of
ATMs are termed as White labeled ATMs. They were meant to expand the reach of ATMs in Tier
III to VI centres.
As per RBI guidelines, it is mandatory to non-bank companies owning white labelled ATMs to
provide banking services to customers based on cards (credit/debit/prepaid) issued by banks.
Government Permits 100% FDI in Online Marketplaces
The government permitted 100% FDI in the marketplace format of e-commerce retailing with a
view to attract more foreign investors.
New FDI Limits
Agriculture - 100%
Asset - 100%
Civil aviation - 49%
Courier service - 100%
Credit rating / Information - 74%
Defence - 49%
Education - 100%
FM radio - 26%
Insurance & Sub-activities - 49%
Medical Devices - 100%
Pension - 49%
Pharma - 100%
Power - 49%
Print media - 26%
Public Sector Banks - 20%
Private bank - 100%
Railway infrastructure - 100%
Single brand Retail - 100%
Multi brand - 51%
Stock exchange - 49%
Telecom Sector - 100%
Tourism - 100%
Financial organizations
African Development Bank
The African Development Bank Group (AfDB) is a multilateral development finance institution
established to contribute to the economic development and social progress of African countries.
Membership 78 countries
From 31 members at its establishment, ADB now has 67 members, of which 48 are from within
Asia and the Pacific and 19 outside.
Membership 67 countries
Japan 15.6%
Australia 5.8%
Canada 5.2%
Germany 4.3%
Non-borrowing Shareholders Shareholdings (2015)*
France 2.3%
Italy 1.8%
Others 9.0%
27 Countries 66.7%
India 6.3%
Indonesia 5.5%
Malaysia 2.7%
Philippines 2.4%
Pakistan 2.2%
Non-borrowing Shareholders Shareholdings (2015)*
Thailand 1.4%
Bangladesh 1.0%
Others 5.4%
40 Countries 33.3%
The European Bank for Reconstruction and Development (EBRD) is an international financial
institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses
investment as a tool to build market economies. Initially focused on the countries of the former
Eastern Bloc it expanded to support development in 30 countries from central Europe to central
Asia.
Founded 1991
London
Location
The table below shows quota and voting shares for IMF members
Quota: Quota:
IMF Member
Rank millions percentage of Governor Percentage out of total votes
country
of SDRs the total
Zhou
3 China 30,482.9 6.49 6.16
Xiaochuan
Jens
4 Germany 26,634.4 5.67 5.39
Weidmann
George
6 United Kingdom 20,155.1 4.29 4.09
Osborne
Pier Carlo
7 Italy 15,070.0 3.21 3.06
Padoan
The Islamic Development Bank (IDB) is a multilateral development financing institution located
in Jeddah, Saudi Arabia. It was founded in 1973 by the Finance Ministers at the first
Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation)
with the support of the king of Saudi Arabia at the time (Faisal), and began its activities on 20
October 1975. There are 56 shareholding member states.
Formation 1975
Type Development bank
Membership 56 countries
World Bank
President - Jim Yong Kim, United States (2012present)
The World Bank is an international financial institution that provides loans to developing
countries for capital programs. It comprises two institutions: the International Bank for
Reconstruction and Development (IBRD), and the International Development Association (IDA).
The World Bank is a component of the World Bank Group, which is part of the United Nations
system.
John Maynard Keynes and Harry Dexter White, the "founding fathers" of both the World Bank
and the International Monetary Fund (IMF)
Purpose Crediting
Chief Economist
2012present
Kaushik Basu, India
The International Bank for Reconstruction and Development (IBRD), established in 1945, which
provides debt financing on the basis of sovereign guarantees;
IBRD logo
Formation 1945
The International Finance Corporation (IFC), established in 1956, which provides various forms of
financing without sovereign guarantees, primarily to the private sector;
IFC logo
IDA logo
Formation 1960
ICSID logo
Formation 1965
Multilateral Investment
Guarantee Agency
MIGA logo
Formation 1988
BRICS Bank
President - KV Kamath, India (2015present)
New Development Bank
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a
multilateral development bank established by the BRICS states (Brazil, Russia, India, China and
South Africa).
BRICS bank to issue first Yuan-denominated bonds
ICICI Bank signs MoU with BRICSs New Development Bank
About New Development Bank
NDB is a multilateral development bank promoted by BRICS nations viz. Brazil, Russia, India,
China and South Africa. It is outcome of 6th BRICS Summit being held in Fortaleza, Brazil.
It is headquartered in Shanghai, China. It will have a regional office in Johannesburg, South
Africa.
The chairmanship of the bank will be rotational and its first President will come from India for
the first 5 years followed by Brazil and Russia.
Capital: It will have initial capital of US 50 billion dollars and will be raised to US 100 billion
dollars within the next couple of years.
NDB began its operations in July 2015 with an initial capital of 100 billion dollars.
To begin with, the bank will start operating with $50 billion in initial capital with the five BRICS
contributing $10 billion each.
It had started its operations in July 2015 with initial authorized capital of $100 billion.
Renowned Indian banker Kundapur Vaman Kamath is the President (first) of NDB for the first
five years i.e. till 2020.
The goal of the bank is to fund infrastructure projects in emerging economies for sustainable
development.
In the NDB, each participant country has been assigned one vote, and none of the countries
have veto power.
BRICS New Development Bank approves first loans for renewable energy projects
The BRICS New Development Bank (NDB) has approved its first package of loans worth 811
million dollars for four renewable energy projects in Brazil, China, South Africa and India.
The NDB in its first loan tranche will provide $300 million to Brazil, $250 million to India, $180
million to South Africa and $81 million to China.
These funds will be used in area of green and renewable energy projects with a combined
capacity of 2.37MW together. On completion of these projects, they will help to reduce the
amount of harmful emissions by 4 million tons annually.
Union External Affairs Minister Sushma Swaraj formally unveiled the BRICS Logo for the
duration of Indias BRICS Chairmanship and also launched website.
Logo: Lotus with colours from all the five members and traditional namaste at the centre.
Core theme: Building responsive, inclusive and collective solution for the grouping.
India has assumed BRICS Chairmanship for second time and had hosted the BRICS Summit in
2012 for first time in New Delhi.
The 7th BRICS Summit was held in the Russian city of Ufa in July 2015.
India is going to host BRICS Friendship Cities Conclave in Mumbai (Maharashtra), financial
capital of India from April 14 to 16, 2016.
China hosts 1st BRICS media summit
China hosted the first Brazil-Russia-India-China-South Africa (BRICS) media summit in Beijing for
creating an alternative media platform for the 5 emerging economies.
Chinas Xinhua news agency is the initiator of the project which adds one more dimension to the
BRICS format.
25 media organisations participated in the 2 day summit which aimed to create a new
institutional framework to benefit the media of five emerging economies of BRICS grouping.
1. Alexandre Tombini - Alexandre Antnio Tombini (born December 9, 1963 in Porto Alegre) is a
Brazilian economist. He is the current Governor of the Central Bank of Brazil.
In October 2013, Iran unveiled a plan suggesting that members of the union Bangladesh, Bhutan,
India, Maldives, Myanmar, Nepal, Pakistan, Sri Lanka and Iran- employ a home-grown system developed
by the Central Bank of Iran to get around SWIFT called SEPAM in Persian.
Member Economies 9
Leaders
Most OECD members are high-income economies with a very high Human Development Index (HDI)
and are regarded as developed countries.
Membership 34 states
Leaders
Establishment
Only the OECD member states can become members of the IEA. Except for Chile, Iceland, Israel,
Mexico, and Slovenia, all OECD member states are members of the IEA. In 2014, Estonia joined the IEA
and became its 29th member.
Leaders
Establishment 1974
Basel, Switzerland
Location
Chairman of the board and president- Jens Weidmann, Germany (November 2015 present)
For the conduct of free and fair elections an independent Election Commission has been provided for in
Article 324.
India has a three member election commission. These all are appointed by the President for a term
which is fixed by the President. However, conditions of service and tenure of office of the chief election
commissioner and other election commissioner are determined by an act of parliament titled The Chief
Election Commissioner and Other Election Commissioners (Conditions of Service) Act, 1991. This act has
fixed the following:
The chief election commissioner or an election commissioner shall hold office for a term of 6 years or
age of 65 years, whichever is earlier.
The chief election commissioner and other commissioners are paid a salary equal to the salary of a judge
of the Supreme Court. On retirement they are entitled to a pension payable to a judge of the Supreme
Court.
All business of the election commission shall, as far as possible, be transacted unanimously. If the chief
election commissioner and other election commissioners differ in opinion on any matter, such matter
shall be decided according to the opinion of the majority.
Jurisdiction India
As of 16 September 2014, the total number of parties registered was 1761, with 6 national, 49 state
and 1706 unrecognised parties.
Foundation
No. Name Abbreviation Symbol Current leader(s)
year
Suravaram Sudhakar
4 Communist Party of India CPI 1925
Reddy
Ears of corn
Foundation
No. Name Abbreviation Symbol Current leader(s)
year
and sickle
Nationalist Congress
6 NCP Clock 1999 Sharad Pawar
Party
United Nations
1. Headquarters-New York City
Membership-193 member states, 2 observer states
Leaders
8th SecretaryGeneral-Ban Ki-moon
Deputy Secretary-General-Jan Eliasson
General Assembly President-Mogens Lykketoft (Denmark)
In June 2015 he was unanimously elected the President of the United Nations General Assembly
presiding over the 70th session of the General Assembly beginning 15 September 2015
Economic and Social Council President-Oh Joon South Korea
Security Council President-Franois Delattre
Establishment
UN Charter signed-26 June 1945
Charter entered into force- 24 October 1945
UN Charter
Authorized by
ICJ Statute
Number of positions 15
President
Term
Name Nationality Position Term began
ends
India's nominee Justice Dalveer Bhandari of the Supreme Court was on Friday (Apr 28, 2012)
elected to the post of Judge of the International Court of Justice (ICJ) in the elections held in
New York, United States.
The International Court of Justice (ICJ)
Justice is the backbone of humanity in order to maintain peace and promote the prosperity among the
people. Different country have different frame of justice according to their own law. But what about
when two countries came in conflict with each other (eg- South China dispute)?. In order to solve that
kind of problem The International Court of Justice (ICJ) , a judicial organ of the United Nations (UN) was
established in June 1945 by the Charter of the United Nations and began work in April 1946. The seat of
the Court is at the Peace Palace in The Hague (Netherlands). Of the six principal organs of the United
Nations, it is the only one not located in New York (United States of America).
The Court is composed of 15 judges, who are elected for terms of office of nine years by the United
Nations General Assembly and the Security Council. It is assisted by a Registry, its administrative organ.
Its official languages are English and French.
1.To settle, in accordance with international law, legal disputes submitted by States, and
2.To give advisory opinions on legal questions referred to it by authorized UN organs and specialized
agencies.
Current Composition
The first ad hoc chamber was formed in 1982 in the case concerning the Delimitation of the Maritime
Boundary in the Gulf of Maine Area between Canada and the United States, and the second in 1985 in
the case concerning the Frontier Dispute between Burkina Faso and the Republic of Mali. The third was
set up in March 1987 in the case concerning Elettronica Sicula S.p.A. (ELSI) between the United States of
America and Italy and the fourth was formed in May 1987 in the case concerning the Land, Island and
Maritime Frontier Dispute between El Salvador and Honduras. The year 2002 saw the formation of the
fifth, to deal with the Frontier Dispute (Benin/Niger) case, and the sixth, to hear the Application for
Revision of the Judgment of 11 September 1992 in the Case concerning the Land, Island and Maritime
Frontier Dispute (El Salvador/Honduras: Nicaragua intervening) (El Salvador v. Honduras).
Recently in the south china disputes the international tribunal delivered a sweeping rebuke regarding
Chinas behavior in the South China Sea, including its construction of artificial islands, and found that its
expansive claim to sovereignty over the waters had no legal basis. Earlier the case brought by
the Philippines under the provisions of the United Nations Convention on the Law of the Sea (UNCLOS)
against the People's Republic of China concerning certain issues in the South China Sea including the
legality of China's "nine-dotted line" claim over the South China Sea under the UNCLOS. The five judges
and legal experts on the tribunal ruled unanimously, and the decision in favor of the Philippines. China
had rejected the verdict of International court as the verdict was only recommendary in nature and not
binding.
Following Law is the most difficult task but at the same time it is the most respectful task. Whether we
talk about any particular individual or nation, laws are made to promote the peace and humanity. Law is
for the betterment of society and educates people about their rights. The International Court of Justice
main goal is to solve disputes and promote harmony in the world. Today countries are fighting for water,
religion; land etc in that context the concept of International Court of Justice plays a prominent role to
settle the disputes among countries. World would be a beautiful place to live if everyone maintain
peace, follow the law and promote the brotherhood.
Jos
Food and Agriculture
1 FAO Rome, Italy Graziano da 1945
Organization
Silva
International Labour
5 ILO Geneva, Switzerland Guy Ryder 1946 (1919)
Organization
Organizations and specialized agencies of the United Nations
Established
No. Acronym Agency Headquarters Head[d]
in
International
London, United Koji
6 IMO Maritime 1948
Kingdom Sekimizu
Organization
International
Hamadoun
8 ITU Telecommunication Geneva, Switzerland 1947 (1865)
Tour
Union
United Nations
Educational, Scientific Irina
9 UNESCO Paris, France 1946
and Cultural Bokova
Organization
United Nations
Industrial
10 UNIDO Vienna, Austria Li Yong 1967
Development
Organization
World Tourism
11 UNWTO Madrid, Spain Taleb Rifai 1974
Organization
Bishar
Universal Postal
12 UPU Bern, Switzerland Abdirahman 1947 (1874)
Union
Hussein
Organizations and specialized agencies of the United Nations
Established
No. Acronym Agency Headquarters Head[d]
in
Washington,
13 WBG World Bank Group Jim Y. Kim 1945 (1944)
D.C., United States
World Intellectual
Francis
16 WIPO Property Geneva, Switzerland 1974
Gurry
Organization
David
World Meteorological Grimes
17 WMO Geneva, Switzerland 1950 (1873)
Organization / Michel
Jarraud
Other organizations
Antarctic Treaty
Executive Secretary - Jan Huber, Netherlands (2004present)
Colombo Plan -
Acting Secretary-General - Mr Tay Bian How, Malaysia (December 2013 present)
Community of Portuguese Language Countries (CPLP)
Executive Secretary - Murade Isaac Miguigy Murargy, Mozambique (2012present)
EDU - Intergovernmental Organization (EDU)
Secretary-General - G.Irving Levance, (2011present)[1]
La Francophonie
Secretary-General - Abdou Diouf, Senegal (2003present)
Intergovernmental Authority on Development (IGAD)
Executive Secretary - Mahboub Maalim, Kenya (2008present)
International Committee of the Red Cross
President - Peter Maurer, Switzerland (2012present)
International Court of Justice
President - Hisashi Owada, Japan (2009present)
International Criminal Court
President - Song Sang-Hyun, South Korea (2009present)
International Criminal Police Organization (Interpol)
Secretary-General - Ronald Noble, United States (2000present)
President - Mireille Ballestrazzi, France (2012present)
International Federation of Red Cross and Red Crescent Societies
President - Tadateru Kono, Japan (2009present)
International Maritime Organization
Secretary-General - Koji Sekimizu, Japan (2012present)
International Organization for Migration (IOM)
Director-general - William Lacy Swing, United States (2008present)
International Telecommunication Union
Secretary-General - Hamadoun Tour, Mali (2007present)
Organisation for the Prohibition of Chemical Weapons (OPCW)
Director-General - Ahmet zmc, Turkey (2010present)
Organization of the Petroleum Exporting Countries (OPEC)
Secretary-General Abdallah Salem el-Badri, Libya (20072016)
Universal Postal Union
Director-General - douard Dayan, France (2005present)
World Intellectual Property Organization (WIPO)
Director-General - Francis Gurry (2008present)
Space Organisation
SPACE CENTRES
ISRO logo
Acronym ISRO
Owner India
Motto Hindi:
Mnav jti k sev men antarika
praudyogik
"Space technology in the Service of
humankind."
Other facilities
Balasore Rocket Launching Station (BRLS) Odisha
ISRO Inertial Systems Unit (IISU) Thiruvananthapuram
Indian Regional Navigational Satellite System (IRNSS)
Aerospace Command of India (ACI)
Indian National Committee for Space Research (INCOSPAR)
Inter University Centre for Astronomy and Astrophysics (IUCAA)
Indian Space Science Data Centre (ISSDC)
Spacecraft Control Centre (SCC)
Regional Remote Sensing Service Centres (RRSSC)
Development and Educational Communication Unit (DECU)
Indian Space Research Organisation (ISRO) has successfully launched Indian Regional
Navigational Satellite System (IRNSS)
IRNSS System consists of constellation of seven satellites of which three are geostationary and
four are non-geostationary.
IRNSS system is similar to other satellite navigation systems like US GPS (Global Positioning
System), Russias Glonass, Japans Quasi Zenith, Europes Galileo and Chinas Beidou.
NASA
The National Aeronautics and Space Administration (NASA) is an independent agency of the
executive branch of the United States federal government responsible for the civilian space
program as well as aeronautics and aerospace research.
President Dwight D. Eisenhower established NASA in 1958 with a distinctly civilian (rather than
military) orientation encouraging peaceful applications in space science. The National
Aeronautics and Space Act was passed on July 29, 1958, disestablishing NASA's predecessor,
the National Advisory Committee for Aeronautics (NACA). The new agency became operational
on October 1, 1958.
Seal of NASA
NASA logo
Motto: For the Benefit of All
Flag of NASA
Agency overview
NACA (19151958)
Preceding agency
Spacecraft
1. Cassini-Huygens
2. Hubble Space Telescope
3. Curiosity rover
4. James Webb Space Telescope
List of Indian Missiles
Missile Name Orgin Type Range Speed
Air-to-air missiles
Surface-To-Air Missiles
Mach 2.5 to
Akash India Medium-range surface-to-air missile 30-35km
3.5
Barak 8 Isreal/India Long Range surface to air Missile 100 km Mach 2
Trishul India Short Range surface to air missile 9km
Defence Missile
Cruise Missiles
Surface-to-surface missiles
Bordering Pakistan => Jammu and Kashmir, Punjab, Rajasthan and Gujarat
Bordering China =>Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Sikkim and Arunachal Pradesh
Bordering Nepal =>Bihar, Uttarakhand, Uttar Pradesh, Sikkim and West Bengal
Bordering Bangladesh => West Bengal, Mizoram, Meghalaya, Tripura and Asom
Bordering Bhutan => West Bengal, Sikkim, Arunachal Pradesh and Asom
Coastaline of India
7,517 km which connects 78 districts of 13 states.
4,057 km long LAC is the effective border between India and China. It traverses 5 northern
Indian states: Jammu & Kashmir, Uttarakhand, Himachal Pradesh, Sikkim and Arunachal
Pradesh.
Durand Line : : The line demarcating the boundaries of India and Afghanistan.
Inter-Entity Boundary Line : : (IEBL) divides Bosnia and Herzegovina into two entities, the Republika
Srpska and the Federation of Bosnia and Herzegovina.
Hindenburg Line : : The boundary dividing Germany and Poland, the Germans retreated to this line in
1917 during World War I.
Mason-Dixon Line : : It is line of demarcation between four states in the United State.
Marginal Line : : It is 320 km long line of fortification on the Russia-Finland border drawn up by General
Mannerheim.
Macmahon Line :: The line drawn up by Sir Henry MacMahon, demarcating the frontier of India and
China. China did not recognize the MacMahon line and crossed it in 1962.
Order-Neisse Line :: The border between Poland and Germany, running along the Order and Neisse
rivers, adopted at the Poland Conference (Aug 1945) after World War II.
Radcliffe Line :: It was named after its architect, Sir Cyril Radcliffe, who as chairman of the Border
Commissions demarcating the boundary between India and Pakistan and was announced on 17 August
1947.
Siegfried Line :: The line of fortification drawn up by Germany on its border with France.
Maginot line:: It was built by France on its eastern border between Germany
17th Parallel north :: The line which defines the boundary between North Vietnam and south Vietnam
20th Parallel north : : The boundary line between Libya and Sudan.
22nd Parallel north :: The boundary line between Egypt and Sudan.
25th Parallel north :: The boundary line between Mauritania and Mali.
26th Parallel north : : The boundary line between Western Sahara and Mauritania.
31th Parallel north : : The boundary line between Iraq and Iran.
35th Parallel north :: In the United States it serves as a border between Tennessee / Mississippi
36th Parallel north:: In the United States it forms the southernmost boundary of the State of Missouri
with the State of Arkansas.
360 30' Parallel north:: Forms the boundary between the Tennessee and the Commonwealth of
Kentucky between the Tennessee River and the Mississippi River, the boundary between Missouri and
Arkansas west of the White River, and the northernmost boundary between the Texas and the
Oklahoma.
38th Parallel north :: It is the parallel of latitude which separates North Korea and South Korea.
40th Parallel north :: In the United States it serves as a border between Nebraska / Kansas.
41st Parallel north :: In the united states it forms the boundary between Wyoming / Utah border,
43rd Parallel north :: In the United States it serves as a border between the State of Nebraska and the
State of South Dakota.
45th Parallel north :: In the united states it forms the boundary between Montana and Wyoming.
The members of the G20 are: Argentina, Australia, Brazil, Canada, China, France, Germany,
India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa,
Turkey, United Kingdom, United States, and European Union.
G20 doesn't have a permanent secretariat, its Presidency rotates annually. The G20 President is
responsible for bringing together the G20 agenda in consultation with other members and in
response to developments in the global economy.
Secretariat-Kathmandu
Member states-8 members, 9 observers
8 Members- Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri
Lanka.
Secretary-General- Arjun Bahadur Thapa (Nepal)
Establishment-8 December 1985 in Dhaka
Regional Centres
ASEAN Summit
Association of Southeast Asian Nations
Member Countries (10): Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines,
Singapore, Thailand and Vietnam
Headquarters-Indonesia
The First ASEAN summit was held in February 1976 in Bali.
Leaders
Secretary General Le Luong Minh
NATO summit
A NATO summit is a summit meeting that is regarded as a periodic opportunity for Heads of
State and Heads of Government of NATO member countries to evaluate and provide strategic
direction for Alliance activities.
Membership 28 states
OPEC
Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental
organization of 13 nations, founded in 1960 in Baghdad by the first five members, and
headquartered since 1965 in Vienna.
In June 2016, Gabon was approved for re-joining in July.
In October 2015, Sudan formally submitted an application to join OPEC.
Membership 13 states
Leaders
Membership 6 Members[
6 Observers[
6 Dialogue Partners
3 Guests
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)
is an international organisation involving a group of countries in South Asia and South East Asia.
These are: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal.
Headquarters-Dhaka
Establishment-6 June 1997
Chairmanship-Nepal (since 2014)
BIMSTEC priority sectors
Cultural (27)
Agra Fort (1983)
Ajanta Caves (1983)
Archaeological Site of Nalanda Mahavihara (Nalanda University) at Nalanda, Bihar (2016)
Buddhist Monuments at Sanchi (1989)
Champaner-Pavagadh Archaeological Park (2004)
Chhatrapati Shivaji Terminus (formerly Victoria Terminus) (2004)
Churches and Convents of Goa (1986)
Elephanta Caves (1987)
Ellora Caves (1983)
Fatehpur Sikri (1986)
Great Living Chola Temples (1987)
Group of Monuments at Hampi (1986)
Group of Monuments at Mahabalipuram (1984)
Group of Monuments at Pattadakal (1987)
Hill Forts of Rajasthan (2013)
Humayun's Tomb, Delhi (1993)
Khajuraho Group of Monuments (1986)
Mahabodhi Temple Complex at Bodh Gaya (2002)
Mountain Railways of India (1999)
Qutb Minar and its Monuments, Delhi (1993)
Rani-ki-Vav (the Queens Stepwell) at Patan, Gujarat (2014)
Red Fort Complex (2007)
Rock Shelters of Bhimbetka (2003)
Sun Temple, Konrak (1984)
Taj Mahal (1983)
The Architectural Work of Le Corbusier, an Outstanding Contribution to the Modern
Movement (2016)
The Jantar Mantar, Jaipur (2010)
Natural (7)
Great Himalayan National Park Conservation Area (2014)
Kaziranga National Park (1985)
Keoladeo National Park (1985)
Manas Wildlife Sanctuary (1985)
Nanda Devi and Valley of Flowers National Parks (1988)
Sundarbans National Park (1987)
Western Ghats (2012)
Mixed (1)
Khangchendzonga National Park (2016)
Year of
Name Of the Site Location
Inscription
Note: In the case of western ghats a total of thirty nine properties (including national parks, wildlife
sanctuaries and reserve forests) were designated as world heritage sites twenty in the state of Kerala,
ten in Karnataka, five in Tamil Nadu and four in Maharashtra
Also there is a tentative list of world heritage sites in India,which is already mentioned in the given
below link.
Three new sites added in 2016 : Nalanda Mahavihara (Nalanda University) in Bihar ,The Architectural
Work of Le Corbusier in Chandigarh and Khangchendzonga National Park in Sikkim.
Important Ports
Note: India has 12 major ports at present. They are Kandla, Mumbai, JNPT, Marmugao, New
Managlore, Cochin, Chennai, Ennore, V.O. Chidambarnar, Visakhapatnam, Paradip and Kolkata
(including Haldia).
Major Units
1. Rourkela Steel Plant (RSP) in Odisha set up with German collaboration (The first integrated
steel plant in the Public Sector in India, 1959)
2. Bhilai Steel Plant (BSP) in Chhattisgarh set up with Soviet collaboration (1959)
3. Durgapur Steel Plant (DSP) at Durgapur, West Bengal set up with British collaboration (1965)
4. Bokaro Steel Plant (BSL) in Jharkhand (1965) set up with Soviet collaboration (The Plant is
hailed as the countrys first Swadeshi steel plant, built with maximum indigenous content in
terms of equipment, material and know-how)
5. IISCO Steel Plant (ISP) at Burnpur in Asansol, West Bengal