Thursday, December 12, 2013

What is RBI?

What is RBI?

The RBI is India's central bank. The Reserve Bank of India was
established on April 1, 1935 in accordance with the provisions of the
Reserve Bank of India Act, 1934.RBI acts as a banker to the Government
and Banks.The Central Bank maintains record of Government revenue and
expenditure under various heads. It maintains deposit accounts of all
other banks and advances money to other banks, when needed.Another
important function of the Central Bank is the issuance of currency
notes, regulating their circulation in the country by different methods.

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Tuesday, December 10, 2013

Banking Terms - Useful for IBPS

EQUATED MONTHLY INSTALLMENT (EMI)
----------------------------------------------

•"A fixed payment amount made by a borrower to a lender at a specified
date each calendar month. Equated monthly installments are used to pay
off both interest and principal each month, so that over a specified
number of years, the loan is paid off in full."

BANKING OMBUDSMEN ---------------------------
•Banking Ombudsmen resolve the problem of customer's complaint
regarding bank.
•They are appointed by RBI
•There are total 15 ombudsman appointed across India
•They do not charge any fee
•A banking ombudsman can allow maximum compensation of – Rs.10 lakh
•If ombudsman is unable to resolve the query ,the case is transferred
to – apellate authority

COMMERCIAL PAPERS --------------------------
•It is a money market security
•It is unsecured promissory note
•It is a negotiable instrument
•Its minimum maturity period is 7 days
•Its maximum maturity period is 1 year
•It is issued in the multiples of Rs.5 lakh CTS ------
•Truncation is the process of stopping the flow of the physical cheque
issued by a drawer at some point with the presenting bank en-route to
the drawee bank branch.
•It is a project undertaken by RBI for faster clearing of cheques.
•CTS is basically an online image- based cheque clearing system where
cheque images and MICR data are captured at the collecting bank branch
and transmitted electronically.
•Starting 1 August 2013 only CTS-2010 compliant cheques would be
accepted for clearing.
•On 17 July 2013 the RBI extended the deadline to 31 December 2013.

WHITE LABEL ATMs -----------------------
•RBI permitted (on June 20,2012),the non-bank entities incorporated in
India under the companies act 1956,to set up own ATMs in India.
•ATMs operated by Non-bank entities
•Eligibility for operating white label ATMs – Entities must have a net
worth of Rs.100 crore
•Acceptance of deposits at WLAs ,not to be permitted.

MICR -------
•Full form is – Magnetic Ink Character Recognition
•Contains 9 digits
•First three - city code
•Middle three - bank code
•Last three – branch code


KISAN CREDT CARD ------------------------
•The full form of KCC – Kisan Credit Card
•KCC scheme was intoduced by – GOI , RBI , NABARD
•KCC scheme was introduced in the year – 1998
•The objective of KCC is – to fulfill the credit needs of farmers
during cropping season through banking system.


NSAP -------
•The National Social Assistance Programme(NSAP)which came into effect
from 15th August,1995 represents a significant step towards the
fulfillment of the Directive Principles in Article 41 of the
Constitution.
• The program introduced a National Policy for Social Assistance for
the poor and aims at ensuring minimum national standard for social
assistance in addition to the benefits that states are currently
providing or might provide in future.
•NSAP at present, comprises of Indira Gandhi National Old Age Pension
Scheme (IGNOAPS), Indira Gandhi National Widow Pension Scheme (IGNWPS),
Indira Gandhi National Disability Pension Scheme (IGNDPS), National
Family Benefit Scheme (NFBS) and Annapurna.

DEMAT --------- •Full form of DEMAT – Dematerialization
•DEMAT is mandatory for – dealing in shares
•It keeps the information of share holdings of individual in electronic
form
•With how much minimum balance it is opened- zero balance (the account
contains only data of shares,no balance)
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Monday, December 9, 2013

IMPORTANT ACTS RELATED TO BANKING

IMPORTANT ACTS RELATED TO BANKING

1. Banking Regulation Act,1949

2. RBI Act,1934 & RBI Act, 1948

3. SBI Act,1955, General Regulations SBI Act,1956

4. Banker's Book Evidence Act,1891

5. Negotiable Instruments Act,1881

6. Indian Contract Act,1872

7. Surety's Liability

8. Partnership Act,1932

9. Companies Act,1956

10. Criminal Procedure Code, 1973

11. Consumer Protection Act, 1986

12. SARFAESI Act, 2002
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Friday, November 22, 2013

CURRENT RBI POLICY RATES

CURRENT POLICY RATES (as 30th Oct 2013 )

1. Cash Reserve Ratio (C.R.R.) --- 4%

2. Statutory Liquidity Ratio (S.L.R.)--- 23%

3. Bank Rate (B.R.)--- 8.75%

4. Repo (Re- Purchase Rate (R.R.)--- 7.75%

5. Reverse Repo Rate ---(R.R.R.)--- 6.75%

6. Marginal Standing Facility (M.S.F.)--- 8.75%
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Wednesday, October 30, 2013

BANKING GENERAL KNOWLEDGE

1.The oldest Joint Stock Bank of India -- Allahabad Bank

2. The bank founded by Freedom Fighter Dr. Bhogaraju Pattabhi
Sitaramayya -- Andhra Bank

3. First bank to open a branch outside India -- Bank of India, London,
1946

4. The first bank to be given an ISO 9002 certificate for one of its
branches -- Canara Bank

5. The Postal Dept has issued a commemorative stamp in the name of this
bank celebrating 100 years in 2011 -- Central Bank of India

6. First Indian Bank to be wholly owned by Indians -- Central Bank of
India

7. The bank formed on the efforts of Lala Lajpat Rai -- Punjab National
Bank

8. The only merger of nationalized banks took place between -- Punjab
National Bank and New Bank of India in 1993 9. The bank whose brand
equity is "Pygmy Deposit Scheme" -- Syndicate Bank

10. The bank which was conceived by Shri GD Birla -- UCO Bank

11. The bank which was inaugurated by Mahatma Gandhi in 1919 -- Union
Bank of India

12. The largest among nationalized banks -- Punjab National Bank

13. The bank established in the year 1913 as Bank of Mysore Ltd. at the
instance of the banking committee headed by the great Engineer -
Statesman, Late Dr. Sir M.Visvesvaraya -- State Bank of Mysore
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FIRST IN BANKS - Pioneer in Banking sector

~> First India bank Got ISO : Canara Bank

~> First Governor of RBI : Mr. Osborne Smith

~> First Indian governor of RBI : Mr. C D Deshmukh

~> First Bank to Introduce ATM in India : HSBC

~> First Bank to introduce savings : Presidency bank in 1833

~> First Bank to Introduce Cheque system : Bengal Bank 1784

~> First Bank to introduce Internet Banking : ICICI BANK

~> First Bank to introduce Mutual Fund : State Bank of India

~> First Bank to introduce Credit Card : Central Bank of India

~> First Foreign Bank in India : Comptoire d'Escompte de Paris of
France in 1860

~> First Bank Set Up in India : Bank of Hindustan in 1770

~> First Joint Stock Bank of British India : State Bank of India

~> First Joint Stock Bank of India : Allahabad Bank

~> First Bank that is oldest Public Bank in India : Allahabad Bank

~> First national bank that is merged with Punjab National Bank : New
Bank of India in 1993

~> First Indian bank to open branch outside India in London in 1946 :
Bank of India

~> First Indian Bank started with Indian capital / indigenous Bank of
India : Punjab National Bank

~> First Regional Rural Bank name Prathama Grameen Bank - Was started
by : Syndicate Bank

~> First Bank to launch branch in foreign was "Bank of India" in 1946
in London UK.

~> First bank to Introduce Credit card in India was Central Bank of
India With "Central Card" 1980.

~> First Bank to introduce Debit Card in India was Citi Bank In
Bangalore in 1987
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FIRST IN BANKS - Pioneer in Banking sector

~> First India bank Got ISO : Canara Bank

~> First Governor of RBI : Mr. Osborne Smith

~> First Indian governor of RBI : Mr. C D Deshmukh

~> First Bank to Introduce ATM in India : HSBC

~> First Bank to introduce savings : Presidency bank in 1833

~> First Bank to Introduce Cheque system : Bengal Bank 1784

~> First Bank to introduce Internet Banking : ICICI BANK

~> First Bank to introduce Mutual Fund : State Bank of India

~> First Bank to introduce Credit Card : Central Bank of India

~> First Foreign Bank in India : Comptoire d'Escompte de Paris of
France in 1860

~> First Bank Set Up in India : Bank of Hindustan in 1770

~> First Joint Stock Bank of British India : State Bank of India

~> First Joint Stock Bank of India : Allahabad Bank

~> First Bank that is oldest Public Bank in India : Allahabad Bank

~> First national bank that is merged with Punjab National Bank : New
Bank of India in 1993

~> First Indian bank to open branch outside India in London in 1946 :
Bank of India

~> First Indian Bank started with Indian capital / indigenous Bank of
India : Punjab National Bank

~> First Regional Rural Bank name Prathama Grameen Bank - Was started
by : Syndicate Bank

~> First Bank to launch branch in foreign was "Bank of India" in 1946
in London UK.

~> First bank to Introduce Credit card in India was Central Bank of
India With "Central Card" 1980.

~> First Bank to introduce Debit Card in India was Citi Bank In
Bangalore in 1987
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Friday, October 25, 2013

Functions of the Reserve Bank of India RBI

The functions of the Reserve Bank today can be categorised as follows:

1. Monetary policy

2.Regulation and supervision of the banking and non-banking fnancial
institutions, including credit information companies

3. Regulation of money, forex and government securities markets as also
certain fnancial derivatives

4. Debt and cash management for Central and State Governments

5. Management of foreign exchange reserves

6. Foreign exchange management —current and capital account management
Functions of the Reserve Bank

7.Banker to banks

8.Banker to the Central and State Governments

9.Oversight of the payment and settlement systems

10.Currency management

11.Developmental role

12. Research and statistics
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Thursday, October 24, 2013

Easy way to Remember bank headquarters

1. All banks jinke naam ke last me india hai (united bank of india ko
chod kar) aur Dena ka head office Mumbai me hai ,,,,,,,

2. IOB & IB in chennai,,,,, jinke name me Indian pahle ata hai unka
headquarter chennai me.

3. remember a sentence "New delhi Ke panjabi log commerce me kafi tez
hote hain" (Upcoming Stars of India) now PNB,Panjab & sindh Bank &
Oriental bank of commerce have their headquarters in NEW DELHI .



4. UCO ,UNITED bank of India & Allahabad bank - Kolkata,,,(by R RS)



5.There are two banks which resembles a south indian name Canara,Vijaya
- banglore ,,



6.Bank of Baroda,Bank of Mahastra & Andhara bank headquarter are
related to their own cities like Bank of Baroda - Baroda,Bank of
maharastra - Pune,Andhra bank- Hyderabad



7.There are only two banks which have very unique headquarters memorize
them separately Syndicate Bank - Manipal Corporation Bank-Mangalore ..

hope will help all of you..
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Monday, October 14, 2013

BANKING TERMS - ABBREVIATIONS

BANKING TERMS - ABBREVIATIONS

01. ISCI – International Standard Industrial Classification
02. KCC – Kisan Credit Card
03. KVIC – Khadi and Village Industries Corporation
04. KYC – Know your customer
05. LAMPS – Large Sized Adivasi Multipurpose societies
06. LERMS – Liberalised Exchange Rate Management
System
07. LIC – Life Insurance Corporation of India
08. MCA – Ministry of Company affairs
09. MIS – Management Information System
10. MICR – Magnetic Ink Character Recognition
11. NABARD – National Bank for Agriculture and Rural
Development
12. NBFC – Non Banking Finance Companies
13. NEFT – National Electronic Funds Transfer
14. NPA – Non Performing assets
15. NRE – Non Resident External account
16. NRI – Non Resident Indian
17. NSE – National Stock Exchange
18. OLTAS – Online tax accounting system
19. OMO – Open market operations
20. PACS – Primary Agricultural Credit Societies
21. PDO – Public Debt Office
22. PIN – Personal Identification Number
23. QIB – Qualified Institutional Buyers
24. RBI – Reserve Bank of India
25. RDBMS – Relational Database Management System
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Sunday, October 13, 2013

List of countries and capitals

List of countries and capitals
**********************
MUST SHARE THIS GUYS...GOOD INFO
Afghanistan - Kabul
Albania - Tirana
Algeria - Algiers
Andorra - Andorra la Vella
Angola - Luanda
Antigua and Barbuda - Saint John's
Argentina - Buenos Aires
Armenia - Yerevan
Australia - Canberra
Austria - Vienna
Azerbaijan - Baku
The Bahamas - Nassau
Bahrain - Manama
Bangladesh - Dhaka
Barbados - Bridgetown
Belarus - Minsk
Belgium - Brussels
Belize - Belmopan
Benin - Porto-Novo
Bhutan – Thimphu
Bolivia - La Paz
Bosnia and Herzegovina - Sarajevo
Botswana - Gaborone
Brazil - Brasilia
Brunei - Bandar Seri Begawan
Bulgaria - Sofia
Burkina Faso - Ouagadougou
Burundi - Bujumbura
Cambodia - Phnom Penh
Cameroon - Yaounde
Canada - Ottawa
Cape Verde - Praia
Central African Republic - Bangui
Chad - N'Djamena
Chile - Santiago
China - Beijing
Colombia - Bogota
Comoros - Moroni
Congo, Republic of the - Brazzaville
Congo, Democratic Republic of the - Kinshasa
Costa Rica - San Jose
Cote d'Ivoire - Yamoussoukro (official);
Abidjan (de facto)
Croatia - Zagreb
Cuba - Havana
Cyprus - Nicosia
Czech Republic - Prague
Denmark - Copenhagen
Djibouti - Djibouti
Dominica - Roseau
Dominican Republic - Santo Domingo
East Timor (Timor-Leste) - Dili
Ecuador - Quito
Egypt - Cairo
El Salvador - San Salvador
Equatorial Guinea - Malabo
Eritrea - Asmara
Estonia - Tallinn
Ethiopia - Addis Ababa
Fiji - Suva
Finland - Helsinki
France - Paris
Gabon - Libreville
The Gambia - Banjul
Georgia - Tbilisi
Germany - Berlin
Ghana - Accra
Greece - Athens
Grenada - Saint George's
Guatemala - Guatemala City
Guinea - Conakry
Guinea-Bissau - Bissau
Guyana - Georgetown
Haiti - Port-au-Prince
Honduras - Tegucigalpa
Hungary - Budapest
Iceland - Reykjavik
India - New Delhi
Indonesia - Jakarta
Iran - Tehran
Iraq - Baghdad
Ireland - Dublin
Israel - Jerusalem*
Italy - Rome
Jamaica - Kingston
Japan - Tokyo
Jordan - Amman
Kazakhstan - Astana
Kenya - Nairobi
Kiribati - Tarawa Atoll
Korea, North - Pyongyang
Korea, South - Seoul
Kosovo - Pristina
Kuwait - Kuwait City
Kyrgyzstan - Bishkek
Laos - Vientiane
Latvia - Riga
Lebanon - Beirut
Lesotho - Maseru
Liberia - Monrovia
Libya - Tripoli
Liechtenstein - Vaduz
Lithuania - Vilnius
Luxembourg - Luxembourg
Macedonia - Skopje
Madagascar - Antananarivo
Malawi - Lilongwe
Malaysia - Kuala Lumpur
Maldives - Male
Mali - Bamako
Malta - Valletta
Marshall Islands - Majuro
Mauritania - Nouakchott
Mauritius - Port Louis
Mexico - Mexico City
Micronesia, Federated States of - Palikir
Moldova - Chisinau
Monaco - Monaco
Mongolia - Ulaanbaatar
Montenegro - Podgorica
Morocco - Rabat
Mozambique - Maputo
Myanmar (Burma) - Rangoon (Yangon);
Naypyidaw or Nay Pyi Taw (administrative)
Namibia - Windhoek
Nauru - no official capital; government
offices in Yaren District
Nepal - Kathmandu
Netherlands - Amsterdam; The Hague (seat of
government)
New Zealand - Wellington
Nicaragua - Managua
Niger - Niamey
Nigeria - Abuja
Norway - Oslo
Oman - Muscat
Pakistan - Islamabad
Palau - Melekeok
Panama - Panama City
Papua New Guinea - Port Moresby
Paraguay - Asuncion
Peru - Lima
Philippines - Manila
Poland - Warsaw
Portugal - Lisbon
Qatar - Doha
Romania - Bucharest
Russia - Moscow
Rwanda - Kigali
Saint Kitts and Nevis - Basseterre
Saint Lucia - Castries
Saint Vincent and the Grenadines - Kingstown
Samoa - Apia
San Marino - San Marino
Sao Tome and Principe - Sao Tome
Saudi Arabia - Riyadh
Senegal - Dakar
Serbia - Belgrade
Seychelles - Victoria
Sierra Leone - Freetown
Singapore - Singapore
Slovakia - Bratislava
Slovenia - Ljubljana
Solomon Islands - Honiara
Somalia - Mogadishu
South Africa - Pretoria (administrative); Cape
Town (legislative); Bloemfontein (judiciary)
South Sudan - Juba (Relocating to Ramciel)
Spain - Madrid
Sri Lanka - Colombo; Sri Jayewardenepura
Kotte (legislative)
Sudan - Khartoum
Suriname - Paramaribo
Swaziland - Mbabane
Sweden - Stockholm
Switzerland - Bern
Syria - Damascus
Taiwan - Taipei
Tajikistan - Dushanbe
Tanzania - Dar es Salaam; Dodoma (legislative)
Thailand - Bangkok
Togo - Lome
Tonga - Nuku'alofa
Trinidad and Tobago - Port-of-Spain
Tunisia - Tunis
Turkey - Ankara
Turkmenistan - Ashgabat
Tuvalu - Vaiaku village, Funafuti province
Uganda - Kampala
Ukraine - Kyiv
United Arab Emirates - Abu Dhabi
United Kingdom - London
United States of America - Washington D.C.
Uruguay - Montevideo
Uzbekistan - Tashkent
Vanuatu - Port-Vila
Vatican City (Holy See) - Vatican City
Venezuela - Caracas
Vietnam - Hanoi
Yemen - Sanaa
Zambia - Lusaka
Zimbabwe - Harare
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Latest Current Affairs of october 2013

Q1. Which Pakistani girl recently honoured with human rights
Politkovskaya Award?
Answer : Malala yousafzai

Q2. Which Indian Badminton player faces life ban over Indian Badminton
League row?

Answer : Jwala Gutta



Q3. What is the name of senior Hindustani classical vocalist who
recently passes away?

Answer : Panchakshari Swami Mattigatti



Q4. Which Bollywood actor told to pay Rs 2.90 lakh per month to wife
and son?

Answer : Om Puri



Q5. Which Cricket team recently beat Trinidad and Tobago by six wickets
to enter the final of Champions League Twenty20?

Answer : Mumbai Indians



Q6. Who is the current Human Resource Development minister of India?

Answer : Pallam Raju



Q7. What is the name of Indian- American who led the trade promotion
arm of the US Commerce Department named by US President Barack Obama?

Answer : Arun M. Kumar



Q8. Which Cricketer recently completed a milestone of 50,000 runs in
all forms of recognised cricket?

Answer : SachingTendulkar



Q9. Which former Prime Minster's elder son recently joins BJP?

Answer : Shri Chandra Shekhar



Q10. How many militants killed by Indian army on Kashmir LoC?

Answer : Four

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Sunday, September 29, 2013

Latest Current Affairs of 29 September 2013

=> Weeks after Muzaffarnagar violence, women allege rape in
written complaints

=> Five killed as private chopper crashes near Mumbai


=> Rafael Nadal in 'nowhere' land, opens foundation at Anantapur


=> Mumbai building collapse: Death toll climbs to 61, rescue
operation to be called off soon


=> Blow to Nitish as senior MLA prepares to join BJP


=> Days after Jammu attack, militants fire on Army at Hyderpora in
Srinagar


=> A tale of Food Security: 'If you are what you eat, then we don't
count for much'


=> PM to Hasina: Will do best to table boundary deal in House


=> The hunt for the lost ports of India


=> Trinamool suspends Kunal Ghosh, spares 2 MPs


=> Three weeks after clashes, new births offer new hope in
Muzaffarnagar


=> Audit report had warned BMC the building was weak


=> Congress unhappy with Andhra CM, may take call next week


=> Microsoft, Nokia deal: Delhi High Court order dials trouble for
Nokia in India


=> AirAsia India hopeful of profit in first year of operations


=> Consumer cos line up offers to offset RBI's festive dampener


=> Grounded: Norwegian Air takes Boeing Dreamliner out of service
after breakdowns


=> Manmohan Singh: Economic growth set to improve, GDP to rise at
8-9%


=> Kerala Tourism revenues at Rs 21,000 cr, Google, Twitter,
Facebook, power process
Stage set for Narendra Modi's first rally in Delhi today


=> Prasar Bharati chief questions I&B ministry's interference


=> Nitish Kumar moots cycle scheme for working men, women


=> Rahul Gandhi, day after attack on ordinance, meets top
industrialists


=> IPhone 5, iPad apps: Apple Inc 'misled' airport over faulty maps
route, threatens airliners


=> Veerappa Moily to travel by public transport every Wednesday


=> For the next round of gold deals, small is beautiful, gold now a
'buying opportunity'


=> N Srinivasan set to be re-elected; Rajiv Shukla one of three new
VPs


=> Gold price jumps Rs 1,000 to three-week high at Rs 31,200,


=> Navratras coming


=> Yasin Bhatkal met Bangla contact in Kolkata in 2009, received
arms, ammo


=> Markets this week: BSE Sensex falls 2.6%, Jindal Steel slumps 9%


=> Facebook to show users less unwanted ads in newsfeed


=> NSEL: Forensic audit spots related-party trades involving ex-CEO


=> Anjani Sinha's wife
Manmohan Singh allays economic growth concerns, invites US Inc
to invest in India


=> National Aluminium Company to pay Rs 322.15 crore as dividend
to govt


=> Hassan Rowhani's historic chat with US' prez Barack Obama:


=> Iranians cheer, but also protest


=> Global warming: Scientists more convinced mankind causing
mayhem


=> FinMin allows unlisted firms to raise capital overseas


=> Diesel price must be hiked by Rs 4 immediately: Kirit Parikh panel


=> After robust results, Indigo goes one better on jobs


=> Buy Yes Bank shares as forex market stabilises, target price Rs
532: Daiwa


=> Indian doctors face promotion bias in Britain: probe report


=> Outperform on HCL Tech shares, target price Rs 1,300: Macquarie


=> National Interest: His Moral Highness


=> BlackBerry Limited posts 2nd quarter loss of $965 mn


=> Mahindra & Mahindra joins others, hikes prices by up to Rs
20,000


=> P Chidambaram: Indian rupee should be at 59-60 to US dollar


=> Banks asked to pay customers for card transaction fraud


=> Real estate: Delivery delayed, resale looks better

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Friday, September 27, 2013

World Tourism Day 27th september

Today is "World Tourism Day"

Since 1980, the United Nations World Tourism Organization has
celebrated World Tourism Day on September 27. This date was chosen as
on that day in 1970, the Statutes of the UNWTO were adopted. The
adoption of these Statutes is considered a milestone in global tourism.
The purpose of this day is to raise awareness on the role oftourism
within the international community and to demonstrate how it affects
social, cultural, political and economic values worldwide. This year's
theme is "Tourism and Water: Protecting our Common Future"

Tuesday, September 24, 2013

Top 10 Android Apps For Students

Top 10 Android Apps For Students

1. WikiPedia
Wikipedia is the free encyclopedia containing more than 20 million
articles in 280 languages

2. Google Translate
Google Translate is an official translator by Google inc. It help
students to translate text between more that 70 Languages.

3. Google Currents
Google Currents delivers beautiful magazine-like editions to your
tablet and smartphone for high speed and offline reading.

4. Dictionary.com
The #1 FREE English dictionary app for Android since 2010— with over
2,000,000 definitions and synonyms from Dictionary.com & Thesaurus.com!

5. NewsHunt : India News |
Jobs NewsHunt, India's #1 mobile newspaper app brings together the News
from 80+ regional newspapers in 11 languages

6. Any.do To-do List & Task List
Millions use Any.do every day to remember all the tasks they want to-do
and make sure they get them done. Key benefits: Seamless cloud sync,
Speech recognition, Alerts, etc


7. CamScanner HD – Scanner,

Fax CamScanner HD turns your tablet into a scanner. With CamScanner,
you are able to digitize any paper documents by photo shooting. Simply
take a picture of any paper documents such as receipts, agreements,
notes, whiteboards etc


8. WolframAlpha
Remember the Star Trek computer? It's finally happening– with Wolfram

9. My Class Schedule: Timetable
My Class Schedule keeps your student life organized!This app will not
only keep you informed about your upcoming classes, but also reminds
you of exams and unfinished homework.The main feature of My Class
Schedule is its timetable that shows your schedule for any particular
day or week.


10. Studious

With Studious, your phone will never embarrass you in class again by
going off. Forgetting about homework and tests will be a thing of the
past.

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Monday, September 23, 2013

इतिहास में आजः 24 सितंबर

24 सितंबर 1932 के दिन डॉ. भीमराव अंबेडकर और महात्मा गांधी के बीच पुणे
की यरवडा सेंट्रल जेल में समझौता हुआ था. इससे विधानसभाओं में 'डिप्रेस्ड
क्लास' के लिए सीटें सुरक्षित की गईं. आजाद भारत के लिए संविधान बनाने के
लिए ब्रिटेन ने 1930 से 1932 के बीच अलग अलग पार्टियों के नेताओं को
गोलमेज कांफ्रेंस के लिए बुलाया गया. महात्मा गांधी पहली और आखिरी बैठक
में शामिल नहीं हुए थे. पहली बैठक में डॉ. अंबेडकर ने ब्रिटिश सरकार के उस
कदम का समर्थन किया जिसमें दलितों के लिए अलग से निर्वाचक मंडल रखने की
सलाह दी गई थी. तत्कालीन ब्रिटिश प्रधानमंत्री मैकडोनेल्ड ने मुस्लिम,
ईसाई, एंग्लो इंडियन और सिखों के साथ ही दलितों के लिए अलग से निर्वाचक
मंडल बनाने की सलाह दी. यह जनरल इलेक्टोरेट के तहत ही बनाया जाना था.
जिससे दलितों (डिप्रेस्ड क्लास) को दोहरे मतदान की अनुमति मिल जाती. वो
अपने उम्मीदवार साथ ही सामान्य उम्मीदवार के लिए भी चुनाव में शामिल होते.
गांधी ने इसका कड़ा विरोध करते हुए दलील दी कि इससे हिंदू समुदाय में
विभाजन होगा. 20 सितंबर 1932 से वे ब्रिटिश प्रधानमंत्री के प्रस्ताव के
विरोध में आमरण अनशन पर चले गए. जब उनकी हालत बिगड़ने लगी तो 24 सितंबर को
गांधी जी और अंबेडकर के बीच समझौता हुआ जिसे पुणे समझौता या पूना पैक्ट
कहा जाता है. यह तय हुआ कि जनरल इलेक्टोरेट में ही डिप्रेस्ड क्लास के
उम्मीदवारों के लिए सीटें आरक्षित होंगी. उस समय अलग अलग राज्यों की
एसेंबली में कुल मिला कर 148 सीटें दलितों के लिए आरक्षित की गई.
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Sunday, September 22, 2013

Latest Current Affairs of 22 September 2013

=> Israeli forces enter Nairobi mall to end
carnage: Report

=> In deadliest attack on Pakistani Christians,
Taliban kill 70 in historic Peshawar church


=> Moradabad SSP beats up staff for making
Samajwadi Party leader wait; suspended


=> Hong Kong battens down as typhoon
approaches


=> Hotel-style jail awaits China's Bo Xilai: Ex-
inmates


=> Iran displays 30 missiles with 2,000km
range


=> Rajnath comes out in defence of Gen VK
Singh


=> Real estate investors in mess as loan cost
pinches


=> Sebi mulls new norms for CEO pay,
whistleblower policy


=> Tamil National Alliance wins elections in Sri
Lanka


=> Durga meets Akhilesh, may be reinstated


=> Nandan Nilekani: Re-imagining the Indian
politician


=> 2014 polls will be a repeat of 1977, Modi
says


=> Microsoft offers Ahmedabad boy $180,000
package


=> BCCI wages uphill battle to deny Srinivasan
extension


=> Apple strikes gold with iPhone 5s (Gold)

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India's Position in the World

1. 1st to introduce government supported family planning in the world.
2. Largest postal network in the world.
3. Largest livestock population.
4. Largest producer of milk.
5. Largest producer of millets in the world
6. Largest consumer of gold jewellery.
7. Largest producer of jute.
8. Largest producer of ginger.
9. Largest producer of bananas.
10. Largest producer of castor oil seeds.
11. Largest producer of mangoes.
12. Largest producer of safflower oil seeds.
13. Largest producer of papayas.
14. Second largest producer of tea, the first position being held by
China.
15. Second largest producer of sugarcane, the first position being held
by Brazil.
16. Second largest producer of wheat, the first position being held by
China.
17. Second largest producer of onions, the first position being held by
China.
18. Second largest producer of potatoes, the first position being held
by China.
19. Second largest producer of garlic, the first position being held by
China.
20. Second largest producer of rice, the first position being held by
China.
21. Second largest producer of cottonseed, the first position being
held by China.
22. Second largest producer of cement., next to China.
23. India has the second largest arable land in the world. The USA has
the largest arable
land in the world.
24. India is the third largest producer and second largest consumer of
fertiliser in the
world.
25. India has the largest deposits of Thorium in the world most of
which is found in
Kerala.
NOTE: The agricultural information is as per latest data available on
the website of Food and Agricultural Organisation.

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India’s first ‘talking’ ATM inaugurated in gujarat

India's first "talking" Automated Teller Machine (ATM) for visually
impaired was
inaugurated in Ahmedabad.


The ATM by the Union Bank of India is first-of-its-kind for the
visually challenged and
4000th in the countrywide network of the state-run bank.

"The foundation stone of Union Bank building in Mumbai had been laid by
Mahatma
Gandhi. I am happy that the first accessible ATM is being started in
the state of
Gujarat, janambhumi and karambhumi of Gandhi," Union Bank of India
Chairman and
Managing Director DSarkar said after inaugurating the ATM at the Blind
People's
Association (BPA) here.
According to BPA functionaries, the users have to plug-in a headphone
into the ATM
which has a unique voice interface, and once it is done the machine
guides them into
further operations. The ATM can also be operated by wheelchair-bound
person as well.
There are about 20,000 blind persons in Ahmedabad and they can use this
ATM to the
fullest extent. This ATM can be used by general public for transaction.

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Saturday, September 21, 2013

Recent Female Appointments in Top Management of Various organizations.

==> Arundhati Bhattacharya - 1st women MD and CFO of SBI.

==> Usha Ananthasubramanian - 1st CEO of Bhartiya Mahila Bank.

==> Aruna Bahuguna - 1st Women Special DG of CRPF.

==> 1st Woman MD of a Public Sector bank - Ms Ranjana Kumar.

==> Chairman & MD ICICI Bank - Chanda Kochhar (MD & CEO).

==> Chairman & MD of United Bank of India - Archana Bhargav.

==> Chairman & MD of Axis Bank - Shikha Sharma.

==> Chairman & MD of Allahabad Bank - Shubhalakshmi Panse.

==> Chairperson of CBDT – Sudha Sharma.

==> MD and CEO of NSE - Chitra Ramakrishna.

==> Principal secretary of President - Omita Paul.

==> New Foreign Secretary - Sujata Singh.

==> Tulsi Gabbard - New member of US House of Representatives

==> Smita Singh - Member of U.S. Global Development Council

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KBC 7 Episode 4 September 13 All Questions with Answers

Questions from episode 4 dated September 13, 2013 from KBC Season 7

GGBJ Question on 13/09 – Episode 4


Q: Gandhiji's thought of "See no evil, hear no evil, speak no evil" is
usually depicted by
which animal?
A: Lion B: Elephant C: Bear D: Monkey
Ans: D: Monkey


Q(1250000) : Which is the largest banana producing country in the world?
A. Brazil B. India C. Mexico D. China
Ans. B.India


Q(2500000) : Who is the first woman amputee in the world to summit Mount
Everest ?
A. Tashi Malik B. Raha Moharrak C. Samina Baig D. Arunima Sinha
Ans. D.Arunima Sinha


Q(5000000) : The tomb of which Governor-General of India is located in
Ghazipur in
Uttar Pradesh?
A. Sir John Shore B. Lord Curzon C. Lord Cornwallis D. Lord Chelmsford
Ans. C. Lord Cornwallis


Fastest Finger First Questions
1. Put these surnames in the order in which they appear in English
telephone
Directory
A. Nehru B. Bose C. Patel D. Gandhi
Ans: BDAC
2.Arrange these thing from north to south according to the places
mentioned in their
names
A. Jaipuri Razai B.Mysore PaK C. Amritsari Kulcha D. Kashmiri
Embroidery.
Ans: DCAB
3. Starting with the first , arrange these Olympics games in the order
in which they
happened or about to happen in the 21st century.
A.Beijing Olympics, B. London Olympics, C. Rio Olympics and D. Athens
Olympics.
Ans: DABC


Q(5000). Which of these is a piece of the game called as chess:
A. Wazir, B. Nawab, C. Sarpanch, D. Patbari.
Ans: A. Wazir.


Q(10000) : In the Ramayana, who reminded kaikeyi about the two boons
given to her
by Dasharatha ?
A. Sumitra B. Bharata C. Dasharatha D. Manthara
Ans: D.Mantahra


Q3(20000). Which of these words means "water"?
A. Rahul, B. Sanjay, C. Varun, D. Rajiv.
Ans: C.Varun


Q(40000) : What Social Compaign was launched by Farhan Akhtar in 2013
against
rape and discrimination of women?
A. AADMI B. PURUSH C. MARD D. MAANAV
Ans: C.MARD (Men against Rape and Discrimination)


Q5(80000). To which of these Sufi saints is this song dedicated. OH
Laal Pat meri ab
A. Bulle Shah, B. Nizamuddin Aulia C. Moinuddin chisti D. Shahbaz
Kalandar
Ans: D. Shahbaz Kalandar


Q(160000): In Which of these regions would you find the town of
Kishtwar ?
A. Jammu B. Vidarbha C. Saurashtra D. Bundelkhand
Ans: A.Jammu


Q(320000). After whom is the Centigrade system of tempreature
measurement
named?
A. Anders Celsius, B) Daniel Fahrenheit, C) Lord Kelvin D) Gabriele
Centi
Ans. A. Anderes Celsius


Fastest Finger First First Question:
1. Starting from the earlier, arrange these times of clock as per their
increasing order:
Half Past three, Three, Quarter Past Three, Quarter to three.
Ans: DBCA
2. Starting from the first arrange these heroines in the order they got
married
a) Karishma Kappor, b) Vidya Balan, c) Kajol, d) Shilpa shetty
Ans. CADB
3. Arrange these official positions in India as per their increasing
order of people that
can occupy these positions at any give point of time.
A) Rajya Sabha Member, B) Lok Sabha Member, C) Chief Minister, D) Prime
Minister
Ans. DCAB


Q(5000). Which of these kinds of leave men cannot take?
A) Sick leave, B) Paternity leave, C) Casual leave, D) Maternity leave.
Ans: D) Maternity leave


Q(10000). Which of these festivals is celebratedin honor of an avatar
of Lord Vishnu?
a) Janmashtami, b) Ganesha Chaturthi, b) Vishwakarma, d) Maha Shivratri.
Ans: A. Janmashtami.


Q(20000). How many thousands rupee notes would your need to become a
crorepati?
A) 100, B) 1000, C) 10000, D) 100000
Ans: D. 10000


Jackpot question
In July 2013, Indian highest judicial court issued a rule that anybody
who wants to
buy which of these these has to show his identity card.
A) Alcohol, B) Sandalwood C) Gold, D) Acid.
Ans: D. Acid


Q(40000): Which of these spices that are given here cost most among
them?
A) Vanilla, B) Cardamom, C) Black Pepper, D) Saffron.
Ans: D. Saffron


Q(160000): Which actress changed her name from Nafisa before her debut
movie in
2007?
A) Jia Khan B) Dia Mirza C) Ayesha Takia D) Asin
Ans: A. Jia Khan


Q(160000): In 2013, Ireland passed a law allowing which of these ,
under certain
circumstances?
A) Same sex marriage B. Namaz at public places C. To carry kirpan D.
Abortion
Ans: D. Abortion

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Friday, September 20, 2013

Full name of some Abbreviations related to banking and Finance.

Here is Full name of some Abbreviations related to banking and Finance
which is very useful to competative exams like bank po exam,sbi po etc.

AADHAAR card denotes – Unique Identity
Number
PSL – Priority sector lending
NBFC – Non Banking Financial Company
WPI – Wholesale price Index
CPI – Consumer Price Index
LAF – Liquidity adjustment facility
NDTL – Net Deman d and Time Liabilities
UCB – Urban Cooperative Bank
ECS – Electronic clearing service
FSLRC – Financial Sector Legislative Reforms
Commission
UCIC – Unique Customer Identification Code
AML – Anti Money Laundering
CFT – Combatting of financial terrorism
SME – Small and Mediu m Enterprises
CDR – Corporate Debt Restructuring
CDS –Credit Default Swaps
IRS – Interest Rate Swaps
FII – Foreign Institutional Investors
RRB – Regional Rural Banks
PDC – Post Dated Cheques
MSE – Micro an d Small Enterpr ises
DCCO – Date of commencement of commercial
operations
CRAR – Capital to Risk weighted assets ratio
IBL – Inter bank liability
GDS – Gold deposit scheme
CAD – Current account deficit
MFIN – Micro Finance Institutions Network
IRDA – Insurance Regulatory Development
Authority CRMPG – Counterparty Risk
Management Policy Group
HTM – Held to maturity
SLR – Statutor y Liquidity Ratio
BC – Business correspondents
BF – Business facilitators DSA – Direct selling
agents
DMA – Direct mar keting agents
DRA – Debt Recovery agents
ELA – Emergency Liquidity assistance
BOP – Balance of payments
APBS – AADHAAR payment bridge system
FDI – Foreign direct investment
MSF – Marginal standing facility
FFA – Forward freight agreements
BIS – Bank for international settlements
BR act – Banking Regulation act
MCX – Mu lti commodity exchange
PSB – Public sector banks
>Don't Forget To Share With Everyone<

Thursday, September 19, 2013

SBI BANK PO GENERAL AWARENESS MCQ WITH ANSWERS

1. Who was the Prime Minister of Britain when India got Independence?
a) Harold Wilson
b) Lloyd George
c) Chamberlain
d) Clement Atlee
Ans : D

2. The Acharya who established "matths" in all the four corners of India
a) Ramanuja
b) Sankara
c) Madhava
d) Vallabha
Ans : B

3. Sir C.V.Raman was the first Nobel Laureate in Physics from the
Indian Sub-continent.Who
was the second?
a)Dr.A.P.J.Abdul Kalam
b) Dr.S.S.Bhatnagar
c) Dr.Hargovind Khorana
d)Prof.Abdus Salam of Pakistan
Ans : D

4. Free India's First Education Minister was
a)M.C. Chagla
b) Maulana Kalam Azad
c) Rafi Ahmed Kidwai
d) N.G.Ayyangar
Ans : B

5. Who was the first Viceroy of India ?
a)Lord Clive
b)Lord Warren Hastings
c)Lord Canning
d)Lord Cornwallis
Ans : C

6. The servants of India society was founded by
a)Blavatsky & Olcott,1866
b)Gopalkrishna Gokhale,1905
c)M.G.Ranade,1867
d)Sir S.A.Khan,1920
Ans : B

7. Under whose Vice Royalty was Tipu Sultan Defeated
a)Lord Cornwallis
b)Lord Wellesley
c)Lord Hastings
d)Lord Canning
Ans : B

8. The famous"Al-Berauni"is associated in Indian history with
a)Mohd.Tughlaq
b) Mohd.Ghori
c)Mahmood of Ghazni
d)Allau-ud-din Khilji.
Ans : C

9. Battle of Buxar was fought in the year
a)1757
b)1764
c)1576
d)1565
Ans : B

10. Kalidas was the court poet of
a)Chandragupta-II
b)Chandragupta Maurya
c)Harshavardhan
d)Kharavela
Ans : A

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Wednesday, September 18, 2013

How to Crack Bank PO Exams in a Month – 5 Sure Short Tips

Banking jobs especially the Bank Probationary Officer (PO) has emerged
as the most sought after career option in recent times. Bank PO exam is
the gateway to the management cadre of the banking industry.Individual
banks conduct entrance exams for bank PO as and when vacancies arise.
After selection the candidate has to complete his/ her probation
period. A candidate can be asked to do anything during his/ her
completion period. A bank PO aspirant should hence start preparing for
bank PO exams since his/ her college days to understand the
nitty-gritty of the exam. To simplify your preparation,
http://cracksbipo.blogspot.com0 has enlisted a few sure shot tips on
cracking the exams for bank probationary officers.


1. Syllabus and Exam Pattern: Know the syllabus of the bank exam for
which you are preparing and then look at the previous year question
paper to gain information on the exam pattern of that particular exam.
Usually the written tests for bank PO exam consist of 2 parts mainly
objective test and descriptive test. While the written test consists of
four sections namely, English language test, quantitative ability,
Reasoning, and General Awareness/ Marketing Aptitude; the descriptive
test demands the candidate to write essay length answers on current
issues. Candidates selected in written test are then called for Group
Discussion and/ or interview.


2. Preparing for Exam: Candidates preparing for bank PO exam are
expected to have good knowledge of Mathematics up to Class X. For this
purpose, the candidate should focus on preparing from NCERT books and
focus on answering questions through mental calculations to speed up
the process. Reasoning section needs to be extensively practiced to
clear the sectional cut- off. The candidate should also work upon the
English section and strong vocabulary which comes in the form of
comprehension, fill-in-the-blanks, antonyms, synonyms etc. General
Awareness section can easily be prepared by cultivating a habit of
attentively reading a national newspaper daily.
We are also providing daily current affairs on
http://thegkgarden.blogspot.com so visit that website daily.




3. Time Management: Clubbed with hard work and determination, time
management is the key to crack the entry - level test for the Bank PO
Exam. Besides being able to strategise time by focussing on the easier
subjects first followed by the tough ones; one should also know the
skill to attempt 225 questions in 135 minutes time. It means a
candidate has to spill not more than 36 seconds per question. For this
purpose, a candidate should attempt the easier part first like General
Awareness, Marketing Aptitude first followed by others. Try attempting
175- 185 questions with 90 percent accuracy to be a step closer to your
goal.

4. Leave Doubtful Questions: Try attempting those answers first of
which you are confident and should not attempt any questions which are
doubtful in your mind. The process of negative marking in the entrance
exams will cut down the percentage of right answers with the wrong
ones. A practical knowledge of this arena can be gained through solving
lots of sample papers.


5. Know Banking Regulations: A bank PO aspirant is expected to have
knowledge of general banking regulations and should have at least some
knowledge of SEBI and its regulations. Candidates should ensure that
they are aware of the key points of banking regulations.

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BANKING AWARENESS MCQ WITH ANSWER

Some Sbi po MCQ For you by http://cracksbipo.blogspot.com

Q1) Largest shareholder of a nationalized bank is

(1) RBI
(2) NABARD
(3) Government of India
(4) State Govt.
Ans : 3

Q2) Capital market is a market
which deals in

(1) Short-term funds
(2) Long-term funds
(3) Gilt-edge securities
(4) All of the above
Ans : 2

Q3) Treasury bills are financial
instruments initially sold by ____
to raise funds.
(1) Commercial Banks
(2) The government
(3) Corporations
(4) None of the above
Ans : 2

Q4) Money lent for one day is
called
(1) call money
(2) notice money
(3) term money
(4) None of these
Ans : 1

Q5)Money lend for 1day to 14
days is called
(1) call money
(2) notice money
(3) term money
(4) None of these
Ans : 2

Q6)Money lend for 15 days or
more days is called
(1) call money
(2) notice money
(3) term money
(4) None of these
Ans 3

Q7) Financial institutions
(1) promote savings
(2) mobilise savings
(3) allocate savings among
different users
(4) All of the above
Ans : 4

Q8) Mutual Funds fall within 7
supervisory purview of
(1) IRDA
(2) RBI
(3) SEBI
(4) None of these
Ans : 3

Q9) When a bank returns a
cheque unpaid, it is called
(1) payment of the cheque
(2) drawing of the cheque
(3) canceling of the cheque
(4) dishonour of the cheque
Ans : 4

Q10) Distribution of insurance
products and insurance policies
by banks as corporate agents is
known as
(1) General Insurance
(2) Non-life Insurance
(3) Bancassurance
(4) Insurance Banking
Ans : 3

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Saturday, August 31, 2013

HELO FRIENDS ,
THIS IS OUR NEW BLOG PAGE WHERE WE WILL DISCUSS ABOUT THE STRATEGIES ABOUT THE BANKING PO/CLERK PREPARATION....

YOU ALL ARE INVITED TO PUT YOUR SUGGESTION / COMPLAINS ON THIS BLOG, THAT WILL HELP ME TO IMPROVE MY BLOG...

YOUR FRIEND

R.N.Sharma