TESTFunda Weekly Newsletter 18th July

	18-Jul-13 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • Weekly Dose of GK and Current Affairs from July 11th to July 17th 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. • 3 Months Study Plan for CAT With just 3 months left for CAT, give your prep a proper plan with our special study plan that can help you manage your CAT preparation for the next three months. • July is Working Professionals' Month | Upto 65% off on courseware 17th to 19th July: Upto 65% off for employees of Deloitte, L & T and 10 other companies along with Banking sector organizations. • 20th July @ 7 pm: Quiz on Corporate World As a part of the Working Professionals' Month, we announce the 'Quiz on Corporate World' which will be based on visual aid (pictures, logos, punchline). • IIFT 2013 Notification Out Indian Institute of Foreign Trade (IIFT) has announced admission for MBA (IB) 2014-16 Batch. Written exam will be conducted on 24th November, 2013. • Share Your Opinion Contest – Result Announced The results of the Share your Opinion Contest have been announced. Get them here. • MBA Entrance Exam Dates for CAT, CMAT, NMAT, XAT & IIFT Get the important dates, test pattern and duration of all the management entrance exams for admission in the year 2014, all at one place. • Poll of the week: After the telegram service, which communication service do you think has become obsolete, and should be stopped? Cast your vote and let us know your views about the same.   WHAT'S NEW @ TESTFunda!! 3 Months to CAT Flat 25% Waiver | Code: 3MONTHS   Get online access to Rank Booster at no cost. Know more Ends on 21st July Purchase here THE WORLD THIS WEEK • 27 children die after consuming mid-day meal in Bihar 27 children have died till now and 20 more have fallen sick after consuming mid-day meal at a government school in the village of Masrakh in Bihar's Saran district. The poisoned meal supposedly had traces of an organo-phosphate used as an insecticide on rice and wheat crops. • Supreme Court says MPs and MLAs to be disqualified if they face conviction charges The Supreme Court has scrapped a provision in the Representation of the People Act that gave convicted politicians a three month window to appeal convictions and keep their seats while those appeals were pending. MPs or MLAs could henceforth be disqualified even if they are slapped with minor fines and jail terms. • RBI curbs currency derivatives trade by banks and raises Marginal Standing Facility (MSF), SEBI raises margin for non-bank traders The Reserve Bank of India has banned banks from indulging in proprietary trading in currency derivatives, which took the pressure off the rupee and the Securities & Exchange Board of India raised margin requirements for non-bank traders.The RBI also raised the Marginal Standing Facility (MSF) rate and Bank Rate each by 200 basis points to 10.25 percent. This will make it unattractive for banks to borrow rupee (at cheap rates) and buy dollars (in the forward markets) and reduce pressure on the rupee. • Government shuts down Telegraph service The 160 year old Telegraph service was officially closed down on Sunday, July 14, 2013 to minimise losses to the Bharat Sanchar Nigam Limited (BSNL) owing to poor usage and dwindling revenue. The Telegraph service was first started in the year 1850 in Calcutta (Now Kolkata). • Supreme Court lifts ban on dance bars in Mumbai After a hiatus of 8 years, The Supreme Court has upheld a Bombay High Court's decision against the ban on dance bars in Mumbai. The Bombay High Court had ruled in 2006 that the ban violated the constitutional right to earn a living and was against the public interest. • Modi accuses Congress of hiding in veil of secularism, irks many with 'puppy' comment on Gujarat riots Gujarat CM Narendra Modi, while addressing a rally in Pune, accused the Congress of hiding under "a burqa of secularism" whenever there is a crisis. The Congress responded that it's better than "naked communalism". In an interview, Modi said he was sad about the riots, adding he would be sad even if a "puppy" came under a car. His comments came under fire from the ruling Congress, the BSP and estranged ally JD (U) as well. • India's fifth generation fighter to miss development deadline as Russia hikes cost India's biggest defence project, development of the Fifth-Generation Fighter Aircraft (FGFA), with Russia is unlikely to be concluded in the 2013-14 fiscal as Russia has hiked costs. Earlier, each fighter was to cost over $100 million. The time frames would now have to be revised after verifying the rise in costs. • Jamaat Boss, Ghulam Azam, 91, gets 90 years in jail for war crimes The International Crimes Tribunal has sentenced 91 year old leader of Bangladesh's fundamentalist Jamaat-e-Islami, Ghulam Azam, to 90 years in jail for masterminding atrocities during the 1971 Bangladesh liberation war in which around 3 million people were killed. • Egypt to investigate Morsi's 2011 jailbreak, freezes assets of top brotherhood leaders Egyptian prosecutors will investigate allegations of jailbreak by ousted president Mohamed Morsi and more than 30 other Muslim Brotherhood leaders during the 2011 revolution to topple Hosni Mubarak. They also ordered the freezing of assets belonging to 9 top Muslim brotherhood leaders, including the group's general guide Mohamed Badie. 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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