I was looking for a way to set the terminal colors for gnome. There is a GUI way to change the same by going to the Preferences->Colors. And then you can change the colors that you see in the color pallete in the bottom of the dialog box.

But I was looking at doing it faster and better, and finally I found this page.

http://www.sharms.org/blog/2012/08/gnome-terminal-color-schemes/

Quite interesting and good.

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