subhzash,
Quote:
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When i logged into my google adwords control panel avg. positions are not appearing. Where as my ad is displaying in google first page, second or third positions for the targeted keywords
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Avg position details are located under each Campaign, not the Campaign Summary (if I understand you correctly, what you refer to as the 'control panel').
select:
Customize columns
These are some of the column options under the campaign level:
Ad Group Name 
Status Default Bid Clicks Impr. CTR Avg. CPC Cost Avg. Pos Conv. Rate Cost/Conv. Conversions
Good luck,
Danielle