TESTFunda Weekly Newsletter 8th November

	08-Nov-12 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • GMAT exam related discussions - All you need to know about GMAT! Get all your queries about the globally accepted exam "GMAT" answered by the official makers of the GMAT test worldwide. Post your questions on the GMAT thread on TESTfunda forums. • Weekly Dose of GK and Current Affairs from Nov 1st to Nov 7th This section will let you keep abreast of all the important news and latest happenings around the world without looking at different sources across the internet. • CMAT- 2013-14 (SECOND TEST) Date Declared! The notification for CMAT 2013-14 (Second Test) is out. The exam is scheduled to be conducted from 21st Feb 2013 to 25th Feb 2013. • Online IBPS CWE Clerical Scholarship Test TestFunda.com presents an Online IBPS CWE Clerical Scholarship Test at no no cost,which will enable Scholarships up to 100% on TestFunda IBPS CWE Clerical courseware for 2012-13. • FACT FILES - A compilation of Static General Knowledge data (New on TESTfunda) To ensure that you have no hiccups while answering static GK questions in the exams that you take, we present to you the Fact Files section. Fact Files aim at covering a repertoire of topics under the various categories • Indian Institute of Management Kozhikode presents BACKWATERS Backwaters is the Annual B-School Meet of the Indian Institute of Management Kozhikode (IIMK). Backwaters will be held between 9th-11th November this year and will enthuse and excite all involved by throwing down the gauntlet to the next-gen MBAs with newer and smarter events. • TechXetra, the national level annual techno-cultural festival of Tezpur University The Fest will commence from 2nd to 4th of November, 2012, when thousands of young talents will congregate in the striking campus of Tezpur University located in the foothills of the lower Himalayas amidst untouched wilderness. WHAT'S NEW @ TESTFunda!! Bank Clerical CWE Courses @ Introductory Cost 25% waiver on Bank Clerical Funda, Bank Clerical Skill Builder & Bank Clerical Test Centre. COUPON CODE: CWECLERICAL Procure here   Prepare for CMAT FEB (Second Test) with TESTfunda 30% waiver on all CMAT Courseware Last day to avail waiver 11th Nov COUPON CODE: FEBCMAT Procure here   THE WORLD THIS WEEK • EC quashes Subramanian Swamy's plea to de-recognize the Congress as a party Janata Party president Subramanian Swamy's plea seeking de-recognition of the Indian National Congress has been dismissed by the Election Commission of India (EC). Swamy had moved the EC alleging that the Congress had violated provisions of the Election Symbols (Reservation and Allocation) Order, the Representation of People Act and the Income Tax Act, thereby seeking its de- recognition. • Prime Focus get a second round of funding by Standard Chartered Within a month of closing of the deal with Prime Focus Ltd, Standard Chartered Private Equity (Mauritius) III Ltd., Standard Chartered Bank's private equity arm is funding the second round of investment to the same group in the form of rupee denominated non-convertible debentures valued at USD 35 million. Earlier in October, the company had subscribed to preferential equity shares of Prime Focus Ltd. Total worth of investment was USD 35 million at a maximum value of INR 53 per share. • Syrian Conflict: Heavy fighting in Damascus The armed Syrian uprising that erupted on 15 March 2011, has become more intense with heavy fighting in the Syrian capital amidst a car bombing that has killed more than 11 and injured many including women and children. The clash between the rebels and government troops backed by Palestinian fighters in the capital Damascus was reportedly dubbed as one of the most intense clashes that have happened in the recent months of the Syrian uprising. • India takes low-cost Aakash tablet to the United Nations India, after assuming this month's rotating Presidency of the Security Council, will hold a presentation on its most competitively priced tablet computer 'Aakash' at the United Nation's world body's headquarters on November 28. The tablet was co-developed by Datawind, headquartered in London and led by an Indian Origin entrepreneur, Suneet Singh Tuli and Indian Institute of Technology, Rajasthan. This is part of the Ministry of Human Resources Development's goal to interlink 25000 colleges and 400 universities as part of an e-learning program. • India warms up to Windows 8 Microsoft has received a heartening response from India towards Windows 8, which was launched on October 26. In the first week of the launch, Windows 8 has witnessed four million downloads globally indicative of world-wide acceptance. Of the 700 apps developed for the Indian market, 300 are soon going to be available at the Windows Stores. • 2nd Quarter results out for most banks Various nationalized and private banks have come out with their 2nd quarter results. While banks such as Dena Bank, YES bank, ICICI Bank, Axis Bank and Union Bank of India showed a significant increase in profits on a year-on-year basis, banks such as Bank of Baroda and Vijaya Bank showed lower growth figures. At the other end of the spectrum, Punjab National Bank and Canara Bank showed reduction in profits. • America re-elects Obama: Romney accepts defeat The United States of America re-elected President Barack Obama to a second term in the White House. He defeated his Republican opponent Mitt Romney in a neck to neck race to the White House winning with at least 303 electoral votes while a minimum of 270 was needed for the victory. Romney secured 206 with results from Florida still to be declared. 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