Current happenings ....

Current happenings..

Since the exam notification may arrive with in a month it is better we start discussing current happenings here.

Please create a thread every day by commenting on this post and the discussion about the topic will continue with the same thread using comments

RBI moves to curb black money:

The Reserve bank of India has  decided to withdraw from circulation all currency notes issued prior to 2005.“From April 1, the public will be required to approach banks for exchanging these notes. Banks will provide exchange facility for these notes until further communication,’’ the RBI said on Wednesday, clarifying that notes issued before 2005 would continue to be legal tender.

“The public can easily identify the notes to be withdrawn as the notes issued before 2005 do not have on them the year of printing on the reverse side,’’ the RBI said.

From July 1, however, those wanting to exchange more than 10 pieces of 500 and 1000 rupee notes in a bank where they do not have an account will have to provide proof of residence and identity. The RBI’s move will have the effect of flushing out black money, according to bankers.

The move will have very good impact on many issues like

1 ) As per RBI the notes printed after 2005 has additional technical features which can control fake currency circulation.

2 ) The move will have effect on black money holders, since they have to submit their notes in banks with valid authentication.

3 ) Since the election is very near, and the black money will have a very huge effect in the elections in India, The move from RBI will have very positive effect on election also.

4 )  The move helps RBI to calculate the money circulation in the country, in-turn to calculate the inflation.

5 ) The move may help out to flush out the fake notes in the circulation.

Having all these positive points, we hope the process gives better for the country economy.

Please post your views in regards this view ..

Current happenings ....

In civil service exam one can expect more questions from current happenings in state, India and world. Reading daily news paper like Hindu (In English) and Prajavaani (In Kannada) would be the best choice. Reading magazines would also help in covering many important topics. There are many in Kannada it self.
Ex : Sparda spoorthi, Spardha chairtha and many more in Kannada.
       Wizard, Prathyogotha Darpan in English.

Tips to read daily news paper :

News papers is the best choice for current affairs. The way we read news is very important. We should cover all the news which is important in exam point of view. Below I have mentioned some important areas which should be covered.

Business Page :

1. Trade agreement between India and Other countries.
2. Monitory policies by RBI.
3. Fiscal policies by Government of India.
4. Tax laws.
5. Export and Import of India.
6. Plan of Government of India and states. Ex : Disinvestment plans.

Political issues:

1. Constitutional reforms.
2. Constitutional matters related to state and India.
3. Change in Political trend. Ex : Emergence of regional parties..
4. Political reforms in state and India. 

International issues:

The events which are important in exam point of view should be covered. Important events like freedom struggle, Political reforms, change in trend ect..

Science and technology and Environment news:

1. New Innovations in science and technology
2. News related to environmental concerns, conferences and developments.
3. Advancement of India in the field of Science and technology. 

Sports :

Great achievements in sports will be asked. like Tennis grand slams, Cricket world cup, F1 race in India.

In sports page we should concentrate on those news which hit head lines.