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Governors of Reserve Bank of India

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rbi governors

Urjit Patel RBI GovernorThe Governors of Reserve Bank of India (RBI) is the chief executive of India’s central bank and the ex-officio chairperson of its Central Board of Directors. Indian Rupee currency notes, issued by the RBI, bear the governor’s signature. Few personalities are so close yet so distant to the populace as the Governors of Reserve Bank of India.

Governors of Reserve Bank of India

Sir Osborne Smith 1 April 1935 – 30 June 1937
Sir James Braid Taylor 1 July 1937 – 17 February 1943
Sir C. D. Deshmukh 11 August 1943 – 30 June 1949
Sir Benegal Rama Rau 1 July 1949 – 14 January 1957
K. G. Ambegaonkar 14 January 1957 – 28 February 1957
H. V. R. Iyengar 1 March 1957 – 28 February 1962
P. C. Bhattacharya 1 March 1962 – 30 June 1967
L. K. Jha 1 July 1967 – 3 May 1970
B. N. Adarkar 4 May 1970 – 15 June 1970
S. Jagannathan 16 June 1970 – 19 May 1975
N. C. Sen Gupta 19 May 1975 – 19 August 1975
K. R. Puri 20 August 1975 – 2 May 1977
M. Narasimham 2 May 1977 – 30 November 1977
Dr. I. G. Patel 1 December 1977 – 15 September 1982
Dr. Manmohan Singh 16 September 1982 – 14 January 1985
A. Ghosh 15 January 1985 – 4 February 1985
R. N. Malhotra 4 February 1985 – 22 December 1990
S. Venkitaramanan 22 December 1990 – 21 December 1992
Dr. C. Rangarajan 22 December 1992 – 21 November 1997
Dr. Bimal Jalan 22 November 1997 – 6 September 2003
Dr. Y. Venugopal Reddy 6 September 2003 – 5 September 2008
Dr. Duvvuri Subbarao 5 September 2008 – 4 September 2013
Dr. Raghuram G. Rajan 4 September 2013 – 4 September 2016
Urjit Patel 4 September 2016 – Present

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Today in History – 12 February

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today in history

1298

Kublai Khan, the conqueror of Asia, dies at the age of 80.

1554

Lady Jane Grey, the Queen of England for thirteen days, is beheaded on Tower Hill. She was barely 17 years old.

1912

China becomes a republic following the overthrow of the Manchu dynasty.

1922

Mahatma Gandhi announce the withdrawal of non-cooperation movement.

1928

Bardoli Satyagrah (Gujarat) was led by Vallabhbhai Patel against the Bombay government’s decision to hike the revenue on cotton by 22 percent while its prices declined Internationally. Ultimately the government quashed the hike.

1946

14 killed in Calcutta riots; Muslim leader Jinnah threatens civil war.

1990

The Berlin Wall is taken down February 12. Germany is reunited over the next year. Warsaw Pact dissolved.

 

International Cricket Council (ICC)

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International Cricket Council

The International Cricket Council (ICC), the international governing body of cricket, was originally set up as Imperial Cricket Conference on 15th June, 1909 by representatives from England, Australia and South Africa.  ICC, has currently 106 countries.

History of International Cricket Council

On 30th November, 1907 Abe Baily, the then president of the South African Cricket Association, through a letter to the then secretary of MCC (Melbourne Cricket Club), FE Lacey, suggested the formation of an ‘Imperial Cricket Board’. In the letter he proposed that Board’s function would be to frame a set of rules and regulations to supervise international matches involving England, Australia and South Africa. He also expressed his wish to promote a Triangular Test series between the three countries in England in 1909. England favoured the idea of the Triangular Tournament but Australia rejected it. However, Baily without being deterred by this refusal, continued his lobbying with both MCC and Australia.

It was on 15th June 1909 all three countries met for the first time under the chairmanship of the Earl of Chesterfield, the then president of MCC, where they agree to hold the Triangular Test Tournament. After one month a second meeting was held under the chairmanship of the Lord Harris, in which the constitution of Imperial Cricket Conference was in principal decided and its rules for governing the cricket between these three countries were framed.

Also Read: Records of Indian Cricketer and their Achievements

Imperial Cricket Council: 1926 – 1963

In 1926 in the meeting of ICC (International Cricket Conference) the delegates of India, New Zealand and West Indies were invited to attend. In the same year in its second meeting at oval it was decided that the membership of the ICC should include ‘governing bodies of cricket in countries within the Empire to which cricket to which cricket teams are sent, or which send teams to England’. This meeting historically created three Test playing countries: West Indies, New Zealand and India. West Indies played its first test in 1928; New Zealand in 1929 – 30 and India in 1932.

From now on the ICC met on almost annual basis where the main pursuit of the meeting was to set out itinerary for the future test tours, check the fitness of the players and promote the use of turf pitches as against matting ones. The ICC members also discussed the possible law changes and the enlargement of the wickets.

Inclusion of Pakistan to the International Cricket Council on 28 July 1952 was the next important event, and Pakistan played its first test in October in the same year. South Africa withdrew from the common wealth in May 1961.

International cricket Conference : 1964 – 1986

In July 1965, in its annual meeting, Imperial cricket conference changed its name to International Cricket Conference (ICC) and Pakistan’s suggestion, which it made in 1964, was acted upon that resulted in the inclusion of USA, Ceylon and Fiji as Associate members that was a new kind of membership. The Netherlands, Bermuda, Denmark and East Africa became Associated in 1966. At the same meeting the term “throw” was redefined. However, the basic rules of ICC were amended in 1969.

The idea of holding a World cup was first conceived in 1971 by the Conference; and in the same year the system of voting was amended with full members (Test playing nations) having two votes each and Associates (Non-Test playing nations), one. In 1973 it was planned to held a World Cup ( 60 overs – per – side) in England during 1975 in which, apart from six Test laying countries, East Africa and Sri Lanka was invited to participate.

New Associate members were routinely and regularly added – Singapore, Argentina and Israel in 1974; in 1974 West Africa and in 1977 Bangladesh. Papua – Guinea became Associate in 1978; however, South Africa’s application to rejoin was refused. In July 1981, Sri Lanka got the status of full membership and played their first Test match in February 1982.

A third category of membership was sanctioned in 1984. It was named ‘Affiliate’. Italy became the first country to join this category; in 1985 Switzerland joined and Bahamas and France in 1987, in 1988 Nepal.

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International Cricket Council : 1989 till Date

In July 1988, ICC changed its name to International Cricket Council (ICC). In this year the practice of the president of MCC automatically undertaking the chairmanship of ICC came to an end. The newly – made organization now could impose binding decisions on member which earlier it could, as a recommendatory body, could not do.

In 1993 the post of Chief Executive of International Cricket Council was created; on this position Davis Richards of the Australian Cricket Board was appointed.  In July 1993, Sir Clyde Walcott from Barbados became the first non-British chairman of the ICC.

Due to the availability of new technology, Umpires in 1993, got the chance to refer doubtful decisions, in Test matches, to the third umpire equipped with video playback facilities. In 1996 cameras were allowed to decide whether a ball had crossed the boundary. In 1997, it was decided by the ICC that third umpire could be consulted to decide the cleanness of catches. In the same year the famous Duckworth – Lewis method of adjusting targets in rain–affected matches was tried by ICC in ODI.

In 1997, ICC transformed into an incorporated body with a President whose appointment was to be made by a member country that could nominate an individual to serve as the President for a term of three years. As India was selected for the work, Jagmohan Dalmia became the first man to hold the post, with the policy and direction of ICC vested in an executive board consisting of representatives of all the Test- Playing countries plus three Associate members. Committees covering cricket, development and finance were to report to the board.

In April 1999, as matters relating to match – fixing and betting by players and other officials had appeared at a big scale, a Code of Conduct Commission under Lord Griffiths was formed to investigate the rumours. Immediately after that an anti-corruption unit under Sir Paul Condon who was the former Commissioner of the Metropolitan Police in England.

In 2002, a full-time panel of eight elite umpires, to stand in all Test matches, was created. A new ICC International Cup was inaugurated, in March 2004, for major Associate members and the matches were granted first –class status.

ICC, in August 2005, changed its headquarters to Dubai from Lord. From then till now ICC continues to deal such matters as match – fixing, player conduct, the use of floodlights and the challenge of balancing the three formats of the game. ICC has strived to remain to the purpose penned down in its mission statement that reads “As a leading global sport, cricket will captivate and inspire people of every age, gender, background and ability while building bridges between continents, countries and communities”.

Read Also: 10 Best Cricket Players in World

Centenary Year of ICC

Year 2009, was celebrated as the ICC centenary years. The event was taken up as an opportunity to glance back at 100 wonderful years of cricket and to honour the legends that had shaped the game and those who selflessly dedicated their lives in nurturing the next generation. ICC celebrated the sport through a range of activities consisting of: Celebrating 1000 volunteers across the globe through an ICC Centenary medal; recognition of cricket’s heritage through an ICC cricket Hall of Fame; catch the Spirit events; and the holding of great cricket events comprising the ICC World Twenty 20, 2009, the ICC Champions Trophy and ICC Women’s World Cup.

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How to Prepare Notes for UPSC Exam?

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notes making

Students are often faced with the daunting task of making notes. Several questions arise such as why should I make notes;  how will I revise everything that I have studied for a year in one day before the exam? Do you have such a good memory power that you will remember all important points and concepts? If your answer is no, then the only remedy is “Make short, crisp notes with important words and phrases.”

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Here is the list of some strategies that should be followed while making notes:

  • Try to write on loose white sheets as they help in organizing and adding content relating to a particular topic.
  • Try to use different colored pens for headings, sub-headings etc.
  • Maintain separate folders/files for each subjects.
  • Always keep revising the notes or just have a glance at the important points once in a while.

For Optionals

  • Pick up one or two good recommended books that cover almost all the syllabus of the optional subject.
  • Make separate sections in accordance with the chapters of the books.
  • Make sure there is no overlap and you cover all the syllabus.

After analyzing the syllabus and selecting the recommended books:

  • Make notes on the particular chapters from the recommended books as you study.
  • Follow all the important points which is listed above.
  • Whenever you read some other books or come across a news/update about a particular topic, directly go to your notes, add one page and write down all the new things you learnt.

This way in the course of revising your notes, you will also revise the recent developments in that field.

Also Read: How to Read The Hindu Newspaper for IAS Preparation?

For Current Affairs:

Try to segregate the news/articles/features etc. in following categories:

  • Polity (PIB, PRS, Yojana etc.)
  • Diplomacy and International Relations (The Hindu, IDSA etc.)
  • Economics (The Hindu – Economy, Industry , EPW etc)
  • Environment and Bio-diversity (The Hindu – Environment, Indian Express etc.)
  • Science and Technology ( The Hindu, Indian Express)
  • Collect news from various sources and take notes from it on day to day basis.
  • Try to group the similar news/features/articles under same heading and you will get a bigger picture after some time.
  • Also update the corresponding sections of GS subjects/ optional by adding one extra page in between the their notes.

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The Civil Services Examination is mainly a test to choose suitable administrators. It tests the candidate right from the stage when one starts the preparation. A candidate should be in the right frame of mind and the will power to succeed in the exam. Note making is of great importance for a student. This is because there are few good reasons for making notes:

  • One is that you cannot make notes without understanding the given topic, since you have read out the important points and tried to summarize them.
  • Next is that writing down any information helps you to remember it better. It makes a good practice for thinking and writing out essays. Well-organised notes make the writing process much more efficient
  • It will prompt you to revise your work since it does not take a long time to go through a set of well made notes.
  • It helps you in your final revision by reminding you of the most important points of each topic.
  • Note-making habits will help to train a critical mind,and it helps a student pass his examinations as well as develop a discerning, insightful mind which is quick at grasping relevant information.
  • On the occasions when one is called upon to give a lecture, speech or to participate in a discussion, note -making skills helps in providing a record of the essential points so that the speaker does not have to read out what he has prepared. The notes remind of the contents and sequences of lecture or contribution to a discussion.
  • It allows you to focus on the points relevant to your purpose.

Must Read: How to Prepare for Civil Services Aptitude Test (CSAT)?

Making your Notes user-friendly

Making notes are good when you try to use them! Here are some more suggestions to make your notes easier to read, easier to understand and easier to find when you need them.

  • Make your notes brief and be selective. As understanding a topic would be easy for you but remembering certain points would be difficult, hence it is important to make notes of important points as this would make you easy to summaries and have a glance whenever you want.
  • Keep them well-spaced so you can see individual points and add more details later if necessary.
  • Show the relationships between the main points.
  • Use your own words to summarize.
  • Illustrations, examples and diagrams can help to put ideas in a practical context.
  • Make them memorable using: color, pattern, highlighting and underlining.
  • Read through to make sure they’re clear and understand them when you come to revise.
  • File with care! – use a logical system so you can find them when you need them, but keep it simple or you won’t use it.
  • Writing down points helps you to remember it better, it is also a good practice for thinking and writing; it is easy to revise your notes as it helps in your final revision making easy for you to recall important points of each topic.

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Today in History – 11 February

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Today in History

1527

Babur declared battle against Rana Sangram Singh.

1818

Britishers captured the ‘Ajinkyatara’ fort which belonged to the Marathas.

1906

‘Daily Tribune’ started its printing from Lahore.

1933

The outcome of the conference was that diarchy in the province was abolished, federal system was established in the center, Sindh was separated from Bombay, communal awards were started by the Prime Minister of Britain Sir Ramsay McDonald and White Paper on Indian reforms was published in 1933.

1933

First edition of weekly “Harijan” edited by Mahatma Gandhi was published from Pune in English and Hindi.

1942

Jamnalal Bajaj, greatest Industrialist, social reformer, freedom fighter and Gandhiwadi, passed away.

1968

Deendayal Upadhyaya, great philosopher, litterateur, social worker, thinker and founder of Jansangh, passed away.

1977

B.D.Jathi became the second acting President of India.

1977

Dr. Fakruddin Ali Ahmad (1905-1977), the 5th President of India, passed away in office.

1979

Cellular Jail, which is situated at Andaman Nikobar Islands, was declared as a National Memorial.

1996

Wills World Cup Cricket inaugurated at Calcutta. The series was held in India-Srilanka. Sri Lanka won in the finals of World Cup Tournament.