CA May 2014 Complete PDF
CA May 2014 Complete PDF
CA May 2014 Complete PDF
com
CURRENT AFFAIRS MAY 2014 COMPLETE
NOTES
INTERNATIONAL
President Jacob Zuma of South Africa Re-elected For Second Term
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South Africa President, Jacob Zuma of African National Congress (ANC) was
re-elected for second term. African National Congress (ANC) won the
elections held on 7 May for the National Assembly. Results for the same
were announced on 9 May. African National Congress (ANC) won 63% of the
votes while the Democratic Alliance (DA) fell behind with 22% of the
votes.This victory is ANCs 5th consecutive win in national elections.
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the United States, Hong Kong, Great Britain and the Republic of Korea. In
the developing world, China fell four spots to No. 62, Brazil fell nine spots to
No. 69 and India dropped 15 spots to No. 83 in terms of leveraging
information and communications technologies for growth and well being.
Switzerland Among 47 Nations To Agree On Tax Data Exchange
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The Odisha government has on 14 May signed an agreement with the TiE
Silicon Valley as part of its efforts to develop the state as an IT hub and
attract US investment. Under the agreement, Odisha government would
have a professional stationed at the headquarters of Silicon Valley in Santa
Clara, California.
NATIONAL
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The Supreme Court on 6 May upheld the Constitutional validity of the Right
to Education (RTE) Act. In its decision, the apex court explained that the Act
is not applied to unaided minority institutions. The five-judge Constitutional
Bench of the Supreme Court in its decision also upheld the provisions of the
Right of Children to Free and Compulsory Education Act 2009 and the Right
of Children to Free and Compulsory Education Rules, 2010.
Govt Extends Ban On LTTE by 5 Years
The government has extended by five years the ban imposed on LTTE, a
terror group that was behind the assassination of Rajiv Gandhi and was
decimated by the Sri Lanka military in 2009. India had banned Liberation
Tigers of Tamil Eelam (LTTE) after the assassination of Gandhi in 1991. The
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declaration of LTTE as an Unlawful Association has been extended for a
further period of five years with effect from 14 May 2014.
16th Lok Sabha Elections Results Declared
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The Indian general election of 2014 was held to constitute the 16th Lok
Sabha, electing members of parliament to all 543 parliamentary
constituencies of India. Running in nine phases from 7 April to 12 May
2014, this was the longest election in the countrys history. The results of
the 2014 Lok Sabha election were declared on 16 May 2014. In the Elections
2014, The National Democratic Alliance (NDA), led by the Bharatiya Janata
Party (BJP), won a sweeping victory, taking 336 seats. The BJP itself won
282 seats, the first time since Rajiv Gandhis landslide victory in 1984 that
an Indian party has won enough seats to govern without the support of
other parties. The United Progressive Alliance (UPA), led by the Indian
National Congress (INC), won 59 seats, 44 of which were won by the
Congress.
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The Supreme Court has on 7 May banned centuries-old Jallikattubullfights and bullock-cart racing- organised during festivals in Tamil Nadu
and neighbouring states.Significantly, the bench headed by Justice K.S.
Radhakrishnan favoured elevating the rights of the animals to constitutional
rights.
BJD won Odisha Assembly Elections 2014
The ruling Biju Janata Dal (BJD) in Odisha under the leadership of Chief
Minister Naveen Patnaik established a landslide victory in the 2014 election
leaving opposition Congress and BJP reduced to a miniscule. The results for
the elections were announced on 16 May 2014 in which BJD claimed more
than two-third majority by winning 117 of the total 147 seats.
Congress Party Won Arunachal Pradesh Assembly Elections 2014
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Congress had won a clear majority in the Assembly elections by winning 42
of the total 60 seats. BJP won 11 seats and was followed by Peoples Party of
Arunachal (PPA) with 5 seats. Remaining seats were shared by independent
candidates. The results for states Assembly elections were announced on 16
May 2014.
SDF won Sikkim 2014 Assembly Elections Fifth Time
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Sikkim Chief Minister Pawan Chamling -led Sikkim Democratic Front (SDF)
won 18 of the 22 seats in the 32-member state assembly.The assembly
election results were declared on 16 May. SDF won its fifth consecutive term
in the assembly elections. The Opposition, Sikkim Krantikari Morcha, has
got the remaining 10 seats.
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CONFERENCES
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annual awards ceremony in New York on 5 May, are widely considered the
top honours in American cooking.
Six Indo-Americans Felicitated with Ellis Island Medal of Honor
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Six Indian Americans have been felicitated on 10 May with the prestigious
Ellis Island Medal of Honor for the year 2014.The Ellis Island Medals of
Honor by the National Ethnic Coalition of Organization is given annually to
US citizens who have distinguished themselves within their own ethnic
groups while exemplifying the values of the American way of life. Among the
recipients of the award are Yash Paul Soi , Narpat Bhandari , Samir Desai ,
Arun Kumar Pramanik , Ketki Sharadkumar Shah , Abdul M Suleman, were
also felicitated with the prestigious award.
Winter Sleep Won Palme dOr Award At 67th Cannes Film Festival
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Winter Sleep, a film by Turkish director Nuri Bilge Ceylan, was honoured
with Palme dOr Award at the 67th Cannes Film Festival held in Cannes
from 16 May to 25 May 2014. Julianne Moore won the Best Actress prize for
Maps to the Stars , while Turner star Timothy Spall was named Best
Actor.
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Indias Sania Mirza and her Zimbabwean partner Cara Black won their first
WTA title of the season beating Eva Hrdinova (Czech) and Valeria Solovyeva
(Russia) in the womens doubles final of the Portugal Open in Oeiras
(Portugal) on 3 May 2014.
Lewis Hamilton Won Spanish Grand Prix 2014
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Mercedes driver Lewis Hamilton of Great Britain won the Spanish Grand
Prix on 11 May. This was Lewis Hamiltons fourth consecutive victory in
2014 F1 season for his team Mercedes.
Italian Open Tennis Tournament Winners 2014
Mens Singles :- Novak Djokovic of Serbia won the Italian Open mens
singles tennis title (Rome Open Tennis) on 18 May in Rome, Italy. He
defeated Rafael Nadal of Spain in the final. It was his third Italian Open title.
Womens Singles :- Serena Williams of US won the womens singles title
after defeated Sara Errani of Italy in the final. It was her 3rd Italian Open
title.
China Won Uber Cup 2014
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China won the Badmintons Uber Cup 2014 on 24 May. China successfully
defended its title by scoring an emphatic 3-1 win over Japan. It was Chinas
13th Uber Cup title, the most by any team.Uber Cup is often known as the
World team championship for womens badminton.
ECONOMY
RBI Allowed Minors Above 10 years To Open Savings Bank Accounts
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Minors above 10 years of age can open and operate independently savings
bank account and use other facilities like ATM and cheque books. The
Reserve Bank on 6 May issued the guidelines allowing minors to operate
bank accounts independently with a view to promote financial inclusion and
bring uniformity in opening of such accounts in banks.
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Nine Indian firms have made it into the Forbes list of the Worlds 100 most
innovative growth companies. New Zealand software accounting firm Xero
topped the list. Among the nine Indian companies, Godrej Consumer
Products leads the pack and was ranked 31st globally with an enterprise
value of $4.25 billion. The list was released on 22 May 2014.
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the Arabian Sea off Goa. Astra is Indias first Beyond Visual Range (BVR)
Air-to-Air missile. It was designed and developed indigenously by the
Defence Research and Development Organisation (DRDO) .
Shanthas Paediatric Pentavalent Vaccine Prequalified By WHO
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PERSONS IN NEWS
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A) APPOINTMENTS
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Naveen Patnaik Sworn In As 4th Time CM in Odisha
Biju Janata Dal (BJD) president Naveen Patnaik was on 21 May sworn in as
Odisha chief minister for the fourth straight term. He is the 14th Chief
Minister of Odisha. Naveen Patnaik won a huge victory in both the 2014
Indian General Elections and the Legislative Assembly of Odisha elections in
2014.
Anandiben Patel Sworn In As First Woman Chief Minister of Gujarat
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B)RESIGNS
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C)DEATHS
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Turkmenistan President Gurbanguly Berdymukhamedov visited China from
11 14 May 2014. During his four day visit, Berdymukhamedov met China
Prime Minister Li Keqiang in Beijing, capital of China. Both nations signed a
number of deals to develop a stronger strategic partnership. The two heads
of states also witnessed the signing of several cooperation agreements in
areas such as natural gas, agriculture, transportation, finance, culture and
local exchanges.
E)MISCELLANEOUS
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An 11-year-old boy in the UK has achieved the highest possible score of 162
on a Mensa IQ test, making him brainier than physicist Albert Einstein.
Ramarni Wilfred, of Loom Grove, Romford, took the Mensa IQ test at Birbeck
University and achieved a score of 162. Although Einstein never took an IQ
test as none of the modern intelligence tests existed during the course of his
life, experts believe he had an IQ of around 160.
PLACES IN NEWS
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ABBREVIATIONS
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United
Nations
Educational,
Scientific
and
Cultural
BOOKS IN NEWS
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Vice President Released The Book A Stamp Is Born
The Vice President of India, M. Hamid Ansari released a book entitled A
Stamp is Born authored by C. R. Pakrashi, a renowned stamp designer, at
a function on 6 May. The author Pakrashi, who is also a renowned Stamp
designer in the book, has described his first-hand experiences with all
stages of production of the stamp right from conception to final execution
and printing. The book includes 56 commemorative stamps.
COMMITTEES
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