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S.NO

CONTENT

PAGE NUMBER

1

SMART ROBORT

4

2

TRUMP CONSIDERING TSA BUDGET CUTS

5

3

INDIA’S STRONG GDP DATA LEAVES ECONOMISTS

SCRATCHING THEIR HEADS

7

4

PHILIPPINES PRESIDENT THREATENS TO THROW

OFFICIALS FROM HELICOPTER

8

5

SOLID-LIQUID SEPARATION

9

6

AUTOMAKERS’ DECEMBER DEALS PUSH 2016 TO

A RECORD SEVENTH GAIN

10

7

DOLLAR EXTENDS GAIN,EURO CLIMBS BEFORE

ECB MEET:MARKET WRAP

12

8

MEDICAL ELECTRANICS

13

9

INDIAN’S CRUDE OIL REFINERY OUTPUT RISES

5.3%

19

10

DIRECT TAX COLLECTIONS IN MUBAI,DELHI IN

SINGLE DIGIT

20

11

GENERAL KNOWLEDGE QUESTIONS

21

12

STUDENT CRETIVITY

22

3

Editorial board Editor’s Email ID

Dr M.Selvam maruthamselvam@gmail.com

S. Devi priya devsantho3@gamil.com

M.Sindhuja Sindhu251096@gamil.com

T.Dhana balan Dhanabalan2811@gmail.com

S.Arun kumar arun180893@gmail.com

S.Abirami abiselva09@gmail.com

A.Nashiha niloffer Nashihaniloffer1395@gmail.com

J.Danial francis danisakthi@gmail.com

k.mathan kumar Mathan619kumar@gmail.com

4

SMART ROBOTS

WASHINGTON:

Scientists have developed an algorithm that

enables robots to ask intelligent questions

when they are confused to help them get

better at fetching objects - an important task

for future robot assistants. The algorithm

developed by researchers at Brown

University in the US enables a robot to

quantify ho

w certain it is aboutwhat a user wants.When

its certainty is high, the robot will simply

hand over the object as requested.When it is

not so certain, the robot makes its best guess

about what the person wants, then asks for

confirmation by hovering its gripper over

the object and asking, "this one?"

"Fetching objects is an important task that

we want collaborative robots to be able to

do," said professor Stefanie Tellex from

Brown University.

"But it is easy for the robot to make errors,

either by misunderstanding what we want,

or by being in situations where commands

are ambiguous. So what we wanted to do

here was come up with a way for the robot

to ask a question when it is not sure," Tellex

said.For example, say a user asks for a

wrench and there are two wrenches on a

table. If the user tells the robot that its first

guess was wrong, the algorithm deduces that

the other wrench must be the one that the

user wants.

It will then hand that one over without

asking another question. Those kinds of

inferences, known as implicatures, make the

algorithm more efficient.

"When the robot is certain, we do not want it

to ask a question because it just takes up

time," said Eric Rosen, an undergraduate

working in Tellex's lab.

"But when it is ambiguous, we want it to ask

questions because mistakes can be more

costly in terms of time," said Rosen.5

One of the important features of the system

is that the robot does not ask questions with

every interaction, it asks

intelligently,researchers said.

-Devipriya.s MBA International Business

5

TRUMP CONSIDERING TSA BUDGET CUTS, HIGHER FEES ON

AIRLINE PASSENGER TO HELP PAY FOR BORDER WALL

As the Trump Administration prepares its

first federal budget, the White House

reportedly is considering cuts to the

Transportation Security Administration to

help pay for the construction of the border

wall with Mexico—and making airline

passengers pay higher "security fees" to

make up part of the difference.

Citing preliminary budget

documents, Politico reports that the White

House is considering budget cuts for TSA,

the Federal Emergency Management

Agency, and the Coast Guard as part of an

effort to reshuffle the federal budget to pay

for the wall. The TSA would face a $500

million budget reduction, Politico says,

while FEMA

would get a $375 million cut, and the Coast

Guard's budget would be cut by $1.3

billion.During the campaign, Trump

promised to make Mexico pay for the

construction of the border wall, but it's never

been clear how he intends to make that

happen. During his address to Congress last

week, Trump didn't say anything about how

to pay for the wall, but promised that it "will

be started ahead of schedule and, when

finished, it will be a very effective weapon

against drugs and crime."

Trump promised to make Mexico pay

for the construction

will be a very effective weapon against

drugs and crime."In reality, the wall would

be a costly and mostly useless project. On

net, it's certainly not worth spending $6

billion on Trump's vanity project just to get

6

a $500 million cut in the TSA, but that

doesn't mean those cuts aren't justified on

their own.

For example, the TSA's budget cuts would

include a $65 million reduction for the

agency's totally uA November 2012 audit by

the Government Accountability Office

found that, after 10 years of running its

behavior detection program, the TSA could

not demonstrate its effectiveness. The TSA

even admitted that it did not have any way

to measure whether the program worked,

aside from counting "referrals to local law

enforcement" (which turned out to be a list

of people arrested for everything from

unruly behavior to public drunkenness, the

GOA found, but not a single instance of a

legitimate national security threat).

"Until TSA can provide scientifically

validated evidence demonstrating that

behavioral indicators can be used to identify

passengers who may pose a threat to

aviation, the agency risks funding activities

that have not been determined to be

effective," the GAO concluded, using

auditor-speak for "this program should be

defunded."

Undeterred by the audit, the TSA is still

using behavior detection officers (at an

annual cost of around $200 million) and

has expanded their use at some airports,

seemingly in an attempt to prove their

usefulness. Guidelines for the

program, published in 2015 by The

Intercept, show that the TSA's crack team of

behavior-monitoring agents are told to

identify potential threats (like Reason's Ron

Bailey) who yawn too much, blink too little,

breathe quickly, make eye contact with

security personnel, or don't make eye

contact with security personnel. Truly

stunning that they haven't busted any

terrorists with this pseudo-science, isn't it?

But wait, there's more bad news: Trump's

preliminary budget calls for airline

passengers to pay more to make up for a

portion of the proposed TSA budget

cuts. According to the Associated Press, the

White House is considering a $1 increase to

the "security fee" tacked onto all airline

tickets.

seless behavioral detection officers. More

than $3.6 billion in security fees were

collected last year, but since 2013 about

one-third of the revenue has been directed to

non-security spending.

7

India's strong GDP data leaves economists scratching their heads

"I am totally surprised and stunned to see

the number."

VINDICATION

Modi had received flak for his shock

monetary therapy from political opponents

as well as prominent economists such as

Amartya Sen and Paul Krugman. The move

sucked 86 per cent of the currency out of

circulation virtually overnight and left many

companies, farmers and households in

misery.

Anecdotal evidence suggested massive job

losses following the cash crunch in India's

vastinformal sector, which not only supports

the formal sector but also employs

nine out of 10 workers.

The government as well as the Reserve

Bank of India (RBI), however, all

maintained the pain would be short-lived

and predicted a sharp economic rebound.

The latest GDP data vindicated their

assessment.

"The numbers completely negate the kind

of negative projections and speculations

which were made about the impact of

demonetisation," Economic Affairs

Secretary Shaktikanta Das told reporters

after the data release.

The strong performance in the Oct-Dec

period allowed the federal statistics office to

retain its growth forecast for the fiscal year

that ends in March 2017 at 7.1 per cent.

Strong growth figures would also dash

hopes of further interest rate cuts by the

central bank, which has shifted its focus

squarely to inflation.

The Reserve Bank of India (RBI) left the

policy repo rate on hold at 6.25 per cent for

a second meeting in a row this month and

signaled an end

CREDIBILITY

The strong data have also reignited the

debate about the credibility as well as the

quality of the official GDP data.

8

Ever since India changed its methodology

to measure economic activity two years

back, which transformed a sluggish

economy into the world's fastest-growing

major economy overnight, private

economists have been struggling to square it

with the not so rosy reality on the ground.

For example, the official figures show

economic growth was primarily driven by

consumer spending, offsetting a fall in

government expenditure. However, this is

not backed up by the earnings of consumer

goods firms in the last quarter.

As cash-strapped households turned wary,

sales of various goods from beverages to

domestic appliances to cars all plunged. The

lacklustre consumer spending prompted

several companies to trim their revenue

outlook.

For example, the official figures show

economic growth was primarily driven by

consumer spending, offsetting a fall in

government expenditure. However, this is

not backed up by the earnings of consumer

goods firms in the last quarter.

-Sindhuja.m MBA International Business

9

Philippines President Threatens to Throw Officials from Helicopter

In the Philippines, President Rodrigo Duterte

said this week he was prepared to throw

corrupt officials out of a helicopter—a

practice he said he’s personally done before.

President Rodrigo Duterte: "If you are

corrupt, I will fetch you to Manila using a

helicopter, and I will throw you out. I have

done this before; why would I not do it

again?"

It’s the latest claim by the Philippines

president to have personally committed

murder. Earlier this month, Duterte said that,

while mayor of Davao City, he patrolled city

streets on a motorcycle looking for

opportunities to kill. As president, Duterte has

launched a brutal so-called war on drugs that

has seen thousands of people killed by police

and vigilantes since the summer

SOLID-LIQUID SEPARATION: CLASSIFICATION, DESIGN AND

TESTING

contaminants from a liquid or separate a

solid product from a solvent, solid-liquid

Whether to remove solid (S-L) separation is

a common unit operation across the

chemical process industries (CPI). This one-

page reference provides an overview of S-L

separation methods, design and testing.

Sedimentation versus filtration Solid-liquid

separation technologies can be classified

according to thermal methods (dryers) or

mechanical methods, where the flow

direction of the solid and the liquid phases

becomes a differentiating factor. In filtration

10

technologies, both phases flow in the same

direction, while sedimentation methods refer

to those where the two phases flow in

sedimentation opposing directions (Figure

1). A special case, in which the flow

directions of the solid and liquid phases are

at right angles to each other, is referred to as

cross-flow filtration. Figure 1. In

sedimentation-based processes, the driving

force is the earth’s gravity, while either

positive or negative pressure drives filtration

processes[/caption] In most sedimentation

processes, the difference in density between

the solid and liquid phases is utilized, but it

is also possible to use electric or magnetic

fields for separating purposes. In some

cases, the natural

Automakers’ December Deals Push 2016 to a Record Seventh Gain

Automakers bought themselves a holiday

present in 2016 to achieve a record seventh

straight annual sales gain -- at a steep cost.

Aggressive deal making in December

ultimately pushed the year’s total sales to a

record 17.55 million cars and light trucks --

a feat considered unlikely just six months

earlier. For the month, General Motors Co.’s

10 percent gain led the six largest

automakers, all of which beat estimates. The

monthly annualized sales rate accelerated to

18.4 million in December, the best pace

since July 2005.

“We saw tremendous sales incentives in

November and December,” said Michelle

Krebs, senior analyst with price-researcher

Autotrader.com Inc., citing programs such

as Chevrolet’s Red Tag Sales Event and

Nissan’s holiday event. “Automakers were

even adjusting incentives throughout the

month to boost sales. Year-end deals were as

aggressive as we’ve seen.”

Still unknown is whether the year-end push

was a last gasp. Automakers are entering

2017 with analysts projecting the first sales

decline in years, to about 17.3 million. A

strengthened U.S. economy and

Wednesday’s results -- which included

surprise gains by Ford Motor Co., Toyota

11

Motor Corp. and Nissan Motor Co. -- gave

some automakers added confidence that this

year could also surpass expectations.

“The industry is very healthy, the overall

supporting economy is good,” said Bill Fay,

the head of Toyota-brand sales in the U.S. “I

expect the industry will get off to a good

start and we’ll have another good, strong

year.”

December Shines

Industry wide sales rose 3.1 percent to 1.69

million in December, researcher Auto data

Corp. reported, while for the full year the

gain was 0.4 percent from 2015’s 17.48

million. Coming into Wednesday’s reports,

analysts had predicted that only GM would

post higher deliveries in December. They

also projected a seasonally adjusted

annualized rate of 17.6 million cars and light

trucks.The results buoyed automaker shares.

GM rose 5.5 percent, the most since

November, to $37.09, while Ford’s 4.6

percent surge was its biggest since March.

Even Fiat Chrysler Automobiles NV -- the

only major automaker to post lower

December sales -- rose 1.4 percent.

Appetite for Deals

Burgeoning U.S. consumer confidence

should keep sales at or near record levels,

said Mustafa Mohatarem, GM’s chief

economist. Gross domestic product rose

3.5 percent in the third quarter and is

projected to gain 2.2 percent for the

fourth quarter

Even so, stretching to an eighth straight year

of sales gains in 2017 will likely only

happen if automakers discount even further,

said Alan Baum, an independent auto

analyst in Bloomfield Township, Michigan.

With passenger car sales falling, it’ll be

tough for carmakers to continue sustaining

growth on the strength of just trucks and

sport utility vehicles next year.“Setting

another record will require incentive

spending that GM would say they won’t

do,” Baum said.

12

Dollar Extends Gain, Euro

Climbs Before ECB Meet: Markets Wrap

The dollar rose with Treasury yields and the

euro strengthened as central banks

dominated markets on Thursday. Metals

deepened their losses, while oil edged higher

after Wednesday’s selloff.

Investor conviction that the Federal Reserve

will raise U.S. borrowing costs when it

meets next week helped propel the yield on

10-year U.S. Treasuries higher for a ninth

day, while the Bloomberg Dollar Spot Index

headed for its best back-to-back weeks since

December. The euro rose before Thursday’s

European Central Bank meeting, where no

change in monetary policy is expected.

Crude’s advance paled compared to

yesterday’s slump, and commodity

producers dragged European stocks

lower.As a string of indicators from

improving U.S. jobs data to rising euro-area

inflation points to strengthening global

growth, investors are positioning for higher

U.S. interest rates and looking for signs of

an end to European stimulus. While

economists surveyed by Bloomberg predict

the ECB will reiterate that its monthly bond-

buying program will run until at least

December, traders will be on alert for a

more hawkish tone from President Mario

Draghi.

“Despite the positive outlook, risks

remained skewed to the downside for now,”

Anna Stupnytska, global economist at

Fidelity International, said in a note. “A

Brexit related slowdown could spill over via

trade links, with Germany being particularly

vulnerable. The heavy political timetable,

with Dutch elections later this month and

French presidential elections” starting in

April are also reasons for ECB caution, she

said.

Read our Markets Live blog here.

What’s ahead for the markets:

Mario Draghi is expected to keep QE going

until the end of the year with underlying

price pressures muted. The ECB’s policy

decision will be announced at 1:45 p.m.

13

Frankfurt time and Draghi will hold a press

conference 45 minutes later.

Official U.S. jobs data for February are due

Friday. Employers probably added around

200,000 workers to payrolls, in line with the

average over the past six months and a sign

of steady job growth, economists forecast.

Here are the main moves in markets:

Asia

Declines in Asia were led by the Hang Seng

China Enterprises Index in Hong Kong,

which fell the most since Dec. 15. Japanese

equities gained, supported by a weaker yen.

The yuan reversed losses after hitting its

weakest against the dollar in two months.

Stocks

The Stoxx Europe 600 Index fell 0.2 percent

as of 9:58 a.m. in London, with energy

companies and miners posting declines.

Futures on the S&P 500 were little changed

after the benchmark index lost 0.2 percent

on Wednesday. Currencies

The Bloomberg Dollar Spot Index rose 0.1

percent after gaining 0.4 percent

Wednesday.

The British pound fell 0.1 percent as the

euro added 0.2 percent.

Bonds

Yields on 10-year U.S. Treasuries climbed

one basis point to 2.57 percent after adding

25 basis points over the past eight days.

German bonds were choppy ahead of the

ECB meeting.

French bonds dropped at the open, leading

to some speculation Asian investors were

selling the debt, given the timing. Losses

quickly erased as focus turned to the latest

Harris poll, showing Emmanuel Macron

overtaking Marine Le Pen in the first round

of the French presidential election.

Peripheral bonds are steady. Long-dated

Italian bonds slid after yesterday’s auction

announcement for next week, which include

15- and 30-year bonds.

Commodities

West Texas Intermediate crude advanced 0.2

percent to $50.38 a barrel. It tumbled more

than 5 percent the previous session to the

lowest close since Dec. 7.

Gold fell 0.3 percent to $1,204.76 an ounce,

declining for a fourth day.

14

MEDICAL ELECTRONICS

Bluetooth Low Energy Technology

Makes New Medical Applications

Possible.

One of the toughest problems facing

portable medical devices today is power

consumption. Bluetooth low energy

technology could help solve it.

Wireless technology has been replacing

cables and allowing increased patient

mobility for decades through ambulatory

patient monitors. Portable patient monitors,

infusion pumps, surgical foot switches, and

dozens of other medical devices currently

use wireless connectivity to maintain a

connection to monitoring and information

systems.One of the toughest issues facing

portable medical devices today is power

consumption. Power requirements for

wireless connections constrain architecture

and limit application

That could all change, thanks to the

introduction of Bluetooth low

energy technology specified in Bluetooth

v4.0, which is making its way to designers

and consumers today. Recent

announcements by Microsoft and Apple

supporting this new technology show its

wide-ranging deployment in standard

computing and communications platforms.

The stage is set to deploy truly low-power

wireless medical applications that have

relied on custom components and platforms

until now.

Bluetooth low energy technology is different

from other wireless technologies because it

combines a standardized technology

designed from the very beginning for ultra-

low-power batteries and a new sensor-based

data collection framework. Bluetooth low

energy technology will also be integrated in

most handheld devices.

Bluetooth Special Interest Group (SIG)

working groups have already released

several profiles for health, fitness, and

medical device use, and others are in

progress. While these devices are not

directly compatible with IEEE 11073, a

whitepaper detailing the data conversion and

compatibility mapping is also being

developed to make data available to systems

using the IEEE 11073 standard.

The Bluetooth SIG forecasts that Bluetooth

low energy technology will be implemented

in billions of products within just a few

years:

15

Phone Accessories > 10 billions

Smart Energy (counters and

displays) ~ 1 billions

Home Automation > 5 billions

Health, Wellness, Sports & Fitness >

10 billions

Assisted Living > 5 billions

Animal Tagging ~ billions

P2P Intelligent Transport Systems >

1 billion

Industrial Automation/M2M > 10

billion

Features

Bluetooth low energy technology is the key

feature of the Bluetooth Core Specification

4.0 (Bluetooth v4.0) and has inherited

several technical features from Classic

Bluetooth technology that provide for

robust, reliable connections. New features

allow for event-driven data acquisition,

proximity sensing, and time

synchronization. But in many ways,

Bluetooth low energy technology is a very

new wireless technology. Bluetooth v4.0 is

fundamentally different in that it is designed

for transmission of small amounts of data

instead of periodic data streaming

connections featured in Classic Bluetooth

technology. For example, Classic Bluetooth

technology provides support for headset and

streaming audio data, a feature

fundamentally absent from the Bluetooth

low energy technology model. The

technology features efficient discovery and

connection set-up, short packages, and

asymmetric design for small devices.

The Lowest Possible Power

Consumption.

Everything from physical design to use

models is designed to keep the power

consumption at a minimum. In order to

reduce the power consumption, a Bluetooth

low energy device is kept in sleep mode for

most of the time. When an event occurs, the

device wakes up and a short message is

transferred to a gateway, PC or a smart

phone. Maximum/peak power consumption

is less than 15mA and the average power

consumption is about 1μA. The active

power consumption is reduced to a tenth of

the energy consumption of Classic

Bluetooth technology. In low duty cycle

Figure 2. Bluetooth low energy technology

uses 40 instead of the Classic Bluetooth

technology’s 79 channels.

16

applications, a button cell battery CR2032

could last for 5–10 years of operation.

Cost Efficient and Compatible.

In order to offer compatibility with Classic

Bluetooth technology and cost efficiency for

small battery-operated devices, there are two

chipset types:

Dual-mode technology including

both Bluetooth low energy and

Classic Bluetooth functionality.

Stand-alone Bluetooth low energy

technology optimized for small

battery-operated devices with low

cost and low power consumption in

focus.

Robustness, Security and

Reliability

Bluetooth low energy technology

uses the same adaptive frequency

hopping (AFH) technology as

Classic Bluetooth technology to

achieve a robust transmission in

noisy RF environments found in the

home, industrial, and medical

applications. To minimize the cost

and energy consumption, Bluetooth

low energy technology has reduced

the number of channels to 40 2 MHz

wide channels instead of the 79 1

MHz wide channels in Classic

Bluetooth technology.

Wireless Co-existence

Bluetooth technology, Wireless LAN, IEEE

802.15.4/ZigBee, and several proprietary

radios use the license-free 2.4 GHz

industrial, scientific, and medical (ISM)

bands. With so many technologies in the

same radio space, interference can decrease

the wireless performance (latency and

throughput) due to the need for error

correction and retransmission. In demanding

applications, interference can be reduced

through frequency planning and special

antenna solutions. Both Classic Bluetooth

technology and Bluetooth low energy

technology utilize AFH, making the

A hospital medical Bluetooth low energy

use model

Bluetooth transmission robust and reliable.

AFH also minimizes interference from

Bluetooth technology to other wireless ISM

band radio technologies

17

Figure 3. This illustration demonstrates

AFH operation in the presence of three

channels of 802.11b/g (Wireless LAN).

Bluetooth low energy technology has a

slightly different modulation than Classic

Bluetooth technology. This modulation

differentiation offers a range of up to 300

meters with a 10dBm radio chipset

(Bluetooth low energy maximum).

In the Generic Attribute Profile (GATT)

service groups, features, and declarations are

brought together to specify the standard set

of features available in all devices. In the

Generic Access Profile (GAP) connections,

discoverability, connectability, and bonding

are described. Through these attributes,

numerous basic services and profiles can be

built. Some examples of basic services and

profiles include the following

Find Me

Time

Battery

Automation I/O

Building Automation (Temperatures,

Thermostat, Humidity)

Lighting (On/Off Switch, Dimmer)

Remote Controllers

Fitness (Step Counter/Activity

monitor, Heart rate monitor)

Medical Devices (Glucose Meter,

Weight Scale, etc.

Fig 4: An advertiser periodically sends

messages and will always be a slave once

the connection is established. A scanner is

ready to receive an advertisement

message and a connection request and

will always be a master once the

connection is established.

18

Example Use Models.

The reduced power and cost of Bluetooth

low energy technology enable many medical

use models from the home to the hospital.

The example model in the home could be

used to log data and establish trends for a

congestive heart failure (CHF) patient using

several types of sensors and the patient’s

mobile phone.

A similar architecture is shown for use as

an in-hospital vital signs monitor, using

Bluetooth low energy and Classic Bluetooth

technology where appropriate based on the

technologies’ strengths.

LOW ENERGY

Bluetooth low energy technology is a

powerful application enabler that will

change the way we experience wireless

applications. Its low power and cost, as well

as its robust communication technology,

make it ideal for low-power medical

applications in the home and hospital.

As the technology is being implemented in

almost all mobile devices, there is

Opportunity to utilize off-the-shelf handheld

devices and enable new use models that

leverage the rich user interface and

communication features of those platforms

19

INDIA'S CRUDE OIL REFINERY OUTPUT RISES 5.3% IN DECEMBER

2016

Crude oil refinery output up 6.7% in April-

December 2016

India's crude oil refinery output increased

5.3% to 20.73 million tonnes (mt) in

December 2016 over December 2015. The

output of public sector refineries improved

11.2% to 11.39 mt, while the output of

private refineries dipped 3.0% to 7.89 mt.

Further, the refinery output of public-private

JV refiners moved up 11.0% to 1.45 mt in

December 2016.

Among public refineries, the output of

Chennai Petroleum Corporation increased

48.1% to 0.70 mt, while the output of Bharat

Petroleum Corporation moved up 12.7% to

2.19 mt and Indian Oil Corporation 12.3%

to 5.36 mt in December 2016 over

December 2015. The output of Numaligarh

Refineries also inched up 11.2% to 0.26 mt

and Hindustan Petroleum Corporation 7.7%

to 1.54 mt, but the output of Mangalore

Refineries declined 3.5% to 1.33 mt in

December 2016.

Among private refiners, the output of

Reliance Petroleum fell 3.0% to 6.20 mt,

while that of Essar Oil declined 3.3% to 1.70

mt in December 2016 over December 2015.

Among JV refineries, the output of Bharat

Oman jumped 28.0% to 0.58 mt, while the

output of HPCL Mittal rose 2.0% to 0.87 mt

in December 2015.

The cumulative refinery output increased

6.7% to 178.59 mt in April-December 2016.

The output of public refineries increased

10.9% to 96.45 mt, while that of private

refineries moved up 2.9% to 70.32 mt. The

refinery output of JV refineries declined

1.7% to 11.82 mt in April-December 2016.

Among public refineries, the output of

Chennai Petroleum Corporation improved

21.2%, Indian Oil Corporation 12.9%,

Bharat Petroleum Corporation 8.4%,

Mangalore Refineries 7.7%, Numaligarh

Refineries 6.5% and Hindustan Petroleum

Corporation 5.4%.

The overall capacity utilization was lower at

109.7% in December 2016 compared with

110.6% in December 2015, while it was

higher at 106.1% in April-December 2016

compared with 105.5% in April-December

2015.

20

DIRECT TAX COLLECTIONS IN MUMBAI, DELHI IN SINGLE DIGIT

MUMBAI: Direct tax collections by both

Mumbai and Delhi zones of the Income Tax

department were in single digit until

December 24, a department official said.

It is inspite of the fact that the net revenue

collections were in double digit during the

period not only at the national level, but also

at zonal level.

The Mumbai zone, which is responsible for

collection of more than one-third of total tax

being collected from across the country,

garnered revenue amounting to Rs 1.74

trillion during the reporting period from Rs

1.59 trillion a year ago, thus showing a

growth of 9 per cent, an official told PTI

here today.

However, the growth was in double digit in

all the other parts of the country during the

period. Even small places like Pune and

Thane have also shown a double-digit

growth in direct tax collections during the

period.

The department collected Rs 5.54 trillion

during the reported period from across the

country from Rs 4.88 trillion a year ago,

thus registering an average growth of 13.5

per cent.

New Delhi alone has collected a total tax

amounting to Rs 74,147 crore during the

reporting period, from Rs 72,210 crore a

year ago, registering growth of 2.7 per cent.

62,418 crore from Rs 51,128 crore a year

ago.

On a similar front, Chennai and Kolkata

zones have also registered double digit

growth in revenue collections during the

reporting period.While net revenue

collection at Rs 25,171 crore was up by 14.5

per cent from Kolkata zone from Rs 21,976

crore a year ago, Chennai zone's revenue

collection went up by 20 per cent at Rs

42,316 crore from Rs 35,254 crore a year

ago.

Smaller places like Thane and Pune have

also fared well on the front.While Pune

region registered a growth of 19 per cent at

Rs 28,574 crore during the reporting period

from Rs 23,973 crore a year ago, Thane

region's revenue collection at Rs 3,982 crore

was also up by 27.5 per cent from Rs 3,123

crore a year ago.

-Devipriya.s MBA International Business

BY

21

GENERAL KNOWLEDGE QUESTION

1. When did Reserve Bank of India (RBI) formed?

Answer: 1935 April 1

2. When did Reserve Bank of India (RBI) Nationalized?

Answer: 1949

3. Where was the first Headquarters of Reserve Bank of India (RBI) ?

Answer: Kolkata

4. When did the Headquarters of Reserve Bank of India (RBI) moved to Mumbai?

Answer: 1937

5. Who was the First Reserve Bank of India (RBI) Governor?

Answer: Sir Osborne Smith

6. Who was the first Indian RBI Governor?

Answer: C.D.Deshmukh

7. Which Commission recommended the formation of Reserve Bank of India (RBI)?

Answer: Hilton Young Commission (Royal commission)

8. Which is the central bank in India?

Answer: RBI

9. Which bank is known as Banker's Bank?

22

Answer: Reserve Bank of India (RBI)

10. Who is the present Governor of RBI?

Answer: Dr. Raghuram Rajan

- Sindhuja.m MBA International Business

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