TESTFunda Weekly Newsletter 28th March

	28-Mar-13 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • Weekly Dose of GK and Current Affairs from March 21st to March 26th This section will keep you abreast of all the important news and latest happenings around the world without looking at different sources across the internet. • 30th March @ 7 pm: Quiz created by TF users Take part in our quiz which is based on the winning entry of Pragya Khurana in 'Create a Quiz' contest. The topic for the quiz will be 'General Knowledge & Current Affairs - Science & Technology'. • CRT Courseware accessible at no cost from 5th - 10th April Boost your chances of getting into the company of your liking with full access to our Campus Recruitment Training courseware. • Last 3 days: Design a T-Shirt Contest | Design our homepage contest Send in your creative designs for a T-Shirt and our homepage and stand to win rewards up to Rs. 5000, fastrack watch and Sony headphones. Both contests end on 31st March 2013. • Poll of the week: Whose news programme do you like to follow ? Cast your vote for your favourite news programme and see what others think. • Factfiles : Inventors and Inventions Think you know all about who invented what? You might be wrong. Have a look at this comprehensive list compiled by our experts. WHAT'S NEW @ TESTFunda!! Month end concession Flat 30% off on all courseware in all formats Coupon code: MBA13 Procure here   THE WORLD THIS WEEK • Obama visits Middle East, stresses on key diplomatic developments President Barack Obama's March 2013 visit to the Middle East saw some key diplomatic measures. Obama succeeded in restoring relations between two of America's most important allies in the Middle East, Turkey and Israel. In Israel, Obama's criticized the Israeli government's decision to build new settlements in disputed territories and urged young Israelis to pressurize their leaders to seek peace with Palestine. Obama also visited the West Bank and harped on the need for dialogue between Israel and Palestine for a two state solution. Obama also announced that the United States would provide $ 200 million in aid to Jordan to help the country manage the influx of Syrian refugees. However, during his visit, tensions erupted over the alleged use of chemical weapons in a village near Aleppo in Syria. Obama reiterated his earlier refusal to give military assistance to the Syrian opposition but said that the use of chemical weapons could be a big game changer. • Supreme Court sentences Sanjay Dutt to 5 years in prison for his connection with the 1993 Mumbai blasts The Supreme Court has reduced Sanjay Dutt's sentence to 5 years but ruled that Dutt has to serve the remaining three and a half years of his total sentence of five years. Dutt was convicted in 2006 of buying weapons from underworld don Dawood Ibrahim's aide Abu Salem and others convicted of the 1993 bombings in Mumbai. He had already spent 20 months in jail before appealing against his original sentence of 6 years in 2007. The Supreme Court also upheld the death sentence of Yakub Memon, one of the main convicts, while death sentences of 10 others were commuted to life. • Italian marines come back to face trial in India The Italy government has reversed its decision and is sending back the two Italian marines facing trial for murder of two fishermen off the Kerala coast. The breakthrough came after the Indian government assured the Italian authorities that there would be no death penalty and the fundamental rights of the two marines would be protected. • Financial Sector Legislative Reforms Committee (FSLRC) calls for 2-regulator structure The Financial Sector Legislative Reforms Committee (FSLRC) has called for unifying the Securities and Exchange Board of India (SEBI), Pension Fund Regulatory and Development Authority (PFRDA), Insurance Regulatory and Development Authority (IRDA) and Forward Markets Commission (FMC) into a single regulator. The Reserve Bank of India (RBI) should remain the second authority regulating banks. • Cyprus secures bailout to avoid bankruptcy Cyprus secured a 10 billion euro ($13 billion) package of rescue loans from the International Monetary Fund, the European Commission and the European Central Bank (ECB). In return for the bailout, Cyprus must drastically shrink its outsized banking sector, cut its budget, implement structural reforms and privatize state assets. The bailout will save Cyprus from a banking system collapse and bankruptcy that could have destabilized the entire European Union. • Lockheed Martin to upgrade D-Wave's Quantum computer on a commercial scale Lockheed Martin, a major American military contractor, is taking commercial computing to the next level by planning to use a quantum computer, as part of its business. A Canadian company D-Wave, which specializes in quantum computing, has made the computer. The quantum computer, if functions perfectly, could be used to supercharge even the most powerful systems, solving some science and business problems millions of times faster than can be done today. 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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