TESTFunda Weekly Newsletter 21st March

	21-Mar-13 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • Weekly Dose of GK and Current Affairs from March 15th to March 21st 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. • 6 months to CAT: Special inputs for the working junta Participate in an online chat with IIM Kozhikode alumnus Manish Harodia, founder director of Genesis Mentors on 25th March at 5:00 pm. • Last contest of the Month: Design Our Home Page Here comes the last shot. Create a unique home page design for us and concrete your chances to grab a Kindle! • 17 lac applications for SBI PO 2013 The SBI PO exam which is scheduled for 28th April, 2013 has received a humongous 17 lac candidate applications. • Chat With Expert Mikin Shah On CMAT Prep: Read the Transcript CMAT Feb-2013 topper Mikin Shah shared his success mantras with Testfunda users. Get an insight. • GD Prep Contests - Results declared Results of the GD Prep Contests, which were held in the month of February aimed at helping users better prepare for their upcoming GDs, have been declared. • Poll: Which, according to you, is your preferred company? Cast your vote for your most preferred company by participating in our poll. • Design a T-Shirt and Win Cash Rewards Deadlines approaching soon. Have you submitted your entries yet? Rewards worth Rs. 5000 up for grabs. WHAT'S NEW @ TESTFunda!! Accelerate your Bank PO test prep with TestFunda Flat 25% off on all Bank PO courseware Use Code: BANKTESTPREP Ends on 24th March Purchase here   Prepare for MAY CMAT'13 (Additional Test) Flat 25% off on CMAT courseware Use Code: CMATPREP Ends on 24th March Procure here CAT & MBA Courseware available at 25% less cost till 24th March The Waiver is applicable on courseware for prep of CAT'13, NMAT'14, XAT'14, IIFT'13 and SNAP'13. Procure here   THE WORLD THIS WEEK • Li Keqiang becomes new Chinese premier, XI Jinping named as Chinese president The National People's Congress of China, confirmed Li Keqiang as the new Chinese Premier March 15th and Xi Jinping has been made the new President. Li is a leading figure of the "fifth generation" (Xi-Li Administration) of Communist Party leadership and from 2008 to 2013, served as the Executive Vice-Premier under then-Premier Wen Jiabao. As premier, he will oversee a large portfolio of domestic affairs, managing China's economic challenges, environmental problems and the country's urbanization drive. • Argentine Cardinal Jorge Mario Bergoglio elected as the 266th Pope Argentina's George Mario Bergoglio has been elected as the 266th Pope of the Roman Catholic Church, taking the name of Francis. He is the first Latin American and the first Jesuit to be pontiff. The Vatican would look forward to Pope Francis to restore the Church's recent image which had been tarnished by sexual abuse scandals worldwide and allegations of corruption. • Sundar Pichai to replace Andy Rubin as head of Google's Android division Google announced that Andy Rubin, Google's Android head will be replaced by Sundar Pichai, who currently heads the Chrome and Apps division of Google. Sundar, originally from Tamil Nadu India, is a topper from IIT Kharagpur and holds an M.S. from Stanford University and an MBA from the Wharton School of the University of Pennsylvania. • DMK pulls out of UPA government over the issue of war crimes on Eelam Tamils in Sri Lanka DMK has pulled out of the United Progressive Alliance (UPA) accusing the government of not adopting a resolution in Parliament supporting two amendments to the U.S. sponsored draft resolution against Sri Lanka in the United Nations Human Rights Council (UNHRC). The first amendment should state that genocide and war crimes had been committed on Eelam Tamils by the Sri Lankan Army and administrators and a second amendment for the constitution of a credible, independent international commission of inquiry into the allegation of war crimes. The student community and the film fraternity in Tamil Nadu have also launched massive protests against human rights violations in Sri Lanka. • Cyprus's Parliament rejects EU-IMF bailout tax on bank deposits, sparks fears of similar scenario in other debt-ridden EU nations Cyprus's Parliament rejected a proposal on 19th March for levying a tax of 9.9% on all Cyprus bank deposits as a condition for a EU bailout aimed at saving Cyprus from bankruptcy. The EU proposal has triggered outrage among the common people and MPs of Cyprus. The Cyprus bailout condition also sparked fears that the EU might try to impose similar conditions on other debt-ridden countries like Spain and Italy which might aggravate into a continent-wide crisis. • Reserve Bank cuts REPO rate by 25 basis points, lending rates might remain unchanged The Reserve bank of India (RBI) has reduced the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75% to 7.5% and has left the cash reserve ratio (CRR) unchanged at 4%. However, a reduction in lending rates by banks seems unlikely since the RBI had not reduced the CRR which could have helped banks to bring down their cost of funds. Read the articles here TestFunda.com - LEARN with THE LEADER in Online MBA Test Prep Demo Lessons   |   Take a Demo Test   |   Buy Courses   |   Fun Learning Games   |   100-Percentilers About TestFunda.com - TestFunda is backed by www.ZeusLearning.com. 3 IIT-IIM graduates form the Management Team. - The 85+ member team has vast experience in MBA Coaching and Computer-Based Training and Testing. - For 12 years Zeus has created award-winning courseware for companies like Discovery Channel, Reader's Digest, Texas Instruments, Pearson Education. - The TestFunda Advisory Board comprises CEOs and MDs of international educational companies. About This Newsletter You received this email because you have registered with www.TestFunda.com. If you do not want to receive this email or want to sign up for other newsletters from TestFunda  click here. Problems getting this mail? 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