CURRENT AFFAIRS - 1st JULY 2015

1. Greece has confirmed that it will not pay a key IMF debt due on 30^th June, leading to default and fearing of its exit from eurozone. Prime Minister Alexis Tsipras urged Greeks to reject creditors' tough reform demands in a referendum scheduled for this Sunday. If Greece fails to pay its debt payment to IMF, then it will the first country to default on IMF loan after Zimbabwe in 2001.

At the same time, Greece has submitted a two year aid proposal and requested for 29.1 billion euro to pay its debt payments for next 2 years in order to restructure its debt.

2. Afghan President Ashraf Ghani nominated a female judge to the Supreme Court for the first time. Anisa Rasouli, the head of the Afghan Women Judges Association and a former juvenile court judge, was the only female nominated to the nine-member bench.

5 THINGS YOU SHOULD KNOW ABOUT DIGITAL LOCKER

Prime Minister Narendra Modi on July 1 will launch the digital locker facility that will help citizens digitally store their important documents, such as PAN card, passport, mark sheets and degree certificates.

Here are FIVE things you need to know about Digital Locker or DigiLocker:

1. Digital Locker will provide secure access to government-issued documents. It uses authenticity services provided by Aadhaar.

2. Digital Locker is aimed at eliminating the use of physical documents and enables sharing of verified electronic documents across government agencies.

3. Digital Locker provides a dedicated personal e-storage space to citizens, linked to their Aadhaar numbers.

4. Digital Locker will reduce the administrative overheads of government departments and agencies created due to paper work. It will also make it easy for Indian citizens to receive services by saving time and effort as their documents will now be available anytime, anywhere and can be shared electronically.

5. To sign up for your Digital Locker, you need your Aadhaar number and a mobile number linked to that Aadhaar number. To sign up, visit https://digitallocker.gov.in/

CLICK HERE FOR DIGITAL LOCKER FULL DETAILS

CLCICK HERE FOR DIGITAL LOCKER FULL DETAILS

GOVERNMENT OF INDIA LAUNCHED DIGILOCKER : A DIGITAL INDIA INITIATIVE

• What is DigiLocker?

Dedicated personal storage space, linked to each resident’s Aadhaar number. DigiLocker can be used to securely store e-documents as well as store Uniform Resource Identifier (URI) link of e-documents issued by various issuer departments. The e-Sign facility provided as part of DigiLocker system can be used to digitally sign e-documents.

• How does DigiLocker work?

To Sign-up for the Digilocker you need to have a valid Aadhaar number registered with Aadhaar. Please type your Aadhaar number in the text box against “Enter Aadhaar Number”. You will be given two options for user authentication. “Use OTP” and “Use Fingerprint”. You can click on any one of the button.

After clicking on “Use OTP”, an OTP (One Time Password) will be sent by UIDAI to the mobile number and email-id registered with your Aadhaar. Enter the OTP and click on ‘Validate OTP’ button. Once the OTP is validated the user is taken to set username/password page to complete sign up

After Clicking on “Use Fingerprint” User will have to put the thumb print on the finger print device. If the finger print is valid, then user is authenticated and taken to set username/password page to complete sign up.

• How is DigiLocker going to help me?

It will minimize the use of physical documents and will provide authenticity of the e-documents It will provide secure access to Govt. issued documents. It will also reduce administrative overhead of Govt. departments and agencies and make it easy for the residents to receive services.

DIGILOCKER : A DIGITAL INDIA INITIATIVE

Imagine while applying for a job you don’t have to give attested photocopies of your certificates to your new employer, but just a link on the internet where your certificates are stored. This may sound to be a futuristic concept, but the idea for the digital locker is afloat and a beta version has already been implemented.

WEBSITE- http://digitallocker.gov.in

The key issues that will be resolved by the digital locker is that it will reduce administrative overheads as the government agencies no longer need to store documents in physical form. The citizens do not need to submit multiple physical copies of the documents and there will be lesser challenges in verifying the authenticity of the documents.

The digital locker is an online repository where a user can store and share his certificates issued by private and government agencies. The department of electronics and information technology (DeitY), has launched the beta version of a digital locker where such documents can be stored. Currently the individuals are given about 10 MB of space which is expected to increase till 1 GB. The storage space will be provided on cloud hosted by National Informatics Centre and the software is being developed by the Centre for Development of Advanced Computing (C-DAC). The key purpose of the digital locker is to minimize the resubmission of physical documents and provide a framework where authenticated certificates can reside thereby minimizing fraud.

The documents can be self attested by the individuals using digital signatures, and even government agencies can store their documents on this network. The beta version of the digital locker is currently hosted at www.digitallocker.gov.in which in a way is a cloud- based file sharing service. Citizens will be able to access their digital lockers using their Aadhaar number and mobile number. Citizens can store certificates like degrees, PAN Card, Aadhaar, BPL certificate, passport etc.

In order to use the beta version of the digital locker a user has to create an account using his Aadhaar / UID number. The user has to share his mobile number through which a One Time Password (OTP) is sent which in-turn will give access to the digital locker. Once signed in the Digital Locker captures the user profile details from the Aadhaar database.

Once a user uploads his documents in the electronic format, he will be able to share the same online with a registered agency / department of government. One can also see the list of agencies issuing e-documents and also those which have accessed one’s documents.

A user can upload files up to 1 MB in PDF, JPG, JPEG, PNG, BMP and GIF formats from the local machine to the digital locker. The government is currently seeking input on the beta version of a digital locker through the http://digitallocker.gov.in/.

CURRENT AFFAIRS INDIA - 30 JUNE 2015

1. Tamil Nadu Chief Minister J Jayalalithaa inaugurated first phase of Chennai Metro service by flagged off the inaugural train. The first phase of Metro service covers the 10-km overhead (elevated) stretch which connects Alandur in south Chennai to Koyabedu in the north. The second phase of this metro connecting Chennai Central and St. Thomas Mount is will be ready by end of this year.

2. Chairman of Sakal Media Group (SMG) Prataprao Pawar was awarded with the Punyabhushan Award by President Pranab Mukharjee at Balgandharva Auditorium in Pune. He is the 27th recipient of the Punyabhushan award and his name was selected for the award by a committee led by scientist Raghunath Mashelkar.

The Punyabhushan (Pride of Pune) award is annually announced by the Punyabhushan Foundation on 23 March with a view to commemorate the memory of Indian revolutionary martyrs Bhagat Singh, Sukhdev, and Rajguru.

3. Famous Writer Vishwanath Tripathi was selected for the 28th Moorti Devi Award for the year 2014 for his book Vyomkesh Darvesh. Vyomkesh Darvesh is a lifetime story of Acharya Hazari Prasad Dwivedi. His other famous works include Lokwadi Tulsidas, Meera Ka Kavya, Desh ke is Daur Main, Kuch Kahaniyan Kuch Vichar, Ped Ka Hath, Jaisa Kaha Saka and Nagatlai Ka Gaon.

4. United Bank of India's tops the list of PSU banks in terms of bad loans with 21.5% assets are either bad or have been restructured to save them from turning non-performing assets (NPAs), as per data released by the Reserve Bank of India (RBI) to the Finance Ministry.

Other banks with high amount of gross NPA and restructured loan includes Central Bank of India (21.30%), Indian Overseas Bank (19.40%), Punjab & Sind Bank (18.74%) and Punjab National Bank with 17.94% as end of March 2015.

5. Indian shuttlers Jwala Gutta and Ashwini Ponnappa won the Canada Open women's doubles title after defeating the top-seeded Dutch pair of Eefje Muskens and Selena Piek by 21-19 21-16 in the final match yesterday. This was their first title win since their reunion after the 2012 London Olympics.

6. BCCI has announced Ajinkya Rahane as captain of the Indian team for the upcoming Zimbabwe tour. The Indian cricket team will tour Zimbabwe for three One-Day Internationals (ODI) and two Twenty-20 Internationals.

NICL ADMINISTRATIVE OFFICER (SCALE I) MARKS & CUT-OFF DECLARED

National Insurance Company Limited has declared the Marks and Cut-off of Administrative Officer (Scale - I) Exam 2015. 

Disclosure of marks for Recruitment of Administrative Officer (Scale I)-2015

REASONING MANTRA : BLOOD RELATIONS

BLOOD RELATIONS comes in banking and  insurance exams for sure. The number of questions from blood relation comes in exam are about 5-6. So, learn the rules and tricks for solving these questions. With these rules and tricks you can solve any blood relation questions instantly.

BLOOD RELATIONS RULES AND TRICKS

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REASONING MANTRA : CODING AND DECODING

Coding and decoding comes in almost every non-technical competitive exam these days. Banking Exams usually contains 5-6 questions from coding and decoding for sure. So, learn the rules and tricks for solving these questions. With these rules and tricks you can solve any alphabetical reasoning question instantly.

CODING AND DECODING RULES AND TRICKS

CLICK TO VIEW AND DOWNLOAD (PDF File)

REASONING MANTRA : ALPHABETICAL AND MISCELLANEOUS SERIES

Alphabetical reasoning comes in almost every non-technical competitive exam these days. Banking Exams usually contains 5-6 questions from alphabetical reasoning for sure. So, learn the rules and tricks for solving these questions. With these rules and tricks you can solve any alphabetical reasoning question instantly.

ALPHABETICAL SERIES RULES AND TRICKS

CLICK TO VIEW AND DOWNLOAD (PDF File)

CURRENT AFFAIRS INDIA - 29 JUNE 2015

1. Eminent Hindi critic Dr. Vishwanath Tripathi has been choosen for the 28th Moortidevi Award for the year 2014 for his path breaking creation 'Vyomkesh Darvesh'. Vyomkesh Darvesh is a fictional biography of noted Hindi critic Acharya Hazariprasad Dwivedi.

2. Easing norms for accessing foreign funds, RBI allowed banks to borrow from international financial institutions for general banking business without seeking its permission. Such borrowings will be for the purpose of general banking business and not for capital augmentation. In another circular, RBI allowed all non-deposit taking NBFCs to act as sub-agents under Money Transfer Service Schemes (MTSS) without seeking prior approval from it.

3. Former world champion Viswanathan Anand played out a quick draw with Veselin Topalov of Bulgaria to finish second in Norway chess tournament. The game ended in a draw vide repetition in just 18 moves. With 6.5 points, Topalov became Grand Chess tour's first season's winner. While Anand came at second position with 6 points. The next two tournaments of the tour will be held in San Luis, USA, in August and in London in December. 

4. Bangladesh cricketer Shakib Al Hassan has been ranked the best all-rounder in One-Day Internationals (ODI) once again. In the latest ICC rankings, Shakib has topped the list of all-rounders in all three formats of cricket --Test, ODIs and Twenty20 Internationals. In the rankings released after the Bangladesh-India series, (won by Bangladesh) Shakib now has 408 points followed by Sri Lanka's Tillakaratne Dilshan (404). Angelo Mathew with 308 points acquired third place in the list. 

5. Swedish telecom gear maker Ericsson has appointed Paolo Colella as the new head of its India operations, replacing Chris Houghton, who will assume the role of North East Asia region head. Colella, who will also become a member of Ericsson's global leadership team, will take charge from September 1. At present, Colella is responsible for Ericsson's consulting and systems integration business globally.

6. Export-Import Bank of India (Exim Bank) has extended a loan of $268.35 million to Tanzania for financing extension of Lake Victoria pipeline to Tabora, Igunga and Nzega in Tanzania. Till date, the bank has sanctioned an aggregate amount of $2.33 billion for 19 projects valued $3.75 billion under the BC-NEIA. 

7. Russia's former prime minister Yevgeny Primakov passed away. He was 85. A veteran of Soviet and Russian politics, Primakov served as premier under president Boris Yeltsin in 1998-1999, as foreign minister between 1996 and 1998 and headed the country's external intelligence agency SVR between 1991 to 1996. 

8. President Pranab Mukherjee presented the Punyabhushan Award 2015 to Pratap Pawar at a function in Pune. He has been awarded for his contribution to the Indian media through his Sakal Media group; to the industrial development of Pune and for his social activities. Last year President of India conferred ‘Padmashri’ on Pratap Pawar to recognize his contribution in various areas of public service. Through ‘Sakal’ he has played a major role in educating the masses. 

9. Industry body FIICI in association with Quality Council of India has started a programme to create awareness about 'Zero Defect, Zero Effect' products. This initiative is intended to give a major fillip to Prime Minister Narendra Modi's vision to manufacture products with 'zero defect' in terms of quality and with 'zero effect' in terms of environmental impact under the 'Make in India' umbrella. 

10. Union Minister for Skill Development and Entrepreneurship (Independent Charge) Rajiv Pratap Rudy announced that independent universities with the name of National University of Skill Education (NUSE) will be established across the country. The first national university for skill development will be set up in Bihar. Work in coordination with Government of India's 24 ministries for skill development is under process and around 6500 crore rupees will be spent for this work.

BANKING AWARENESS :: TYPES OF BANK ACCOUNTS

There are very frequent questions from this part asked in many exams earlier. Just have an overview and read it with a light mind.

Types of Bank Accounts:

A bank account can be a time deposit account or a term deposit account or a no frill account ie BSBDA .

TYPES OF BANK ACCOUNTS :

a. Savings Bank Account

b. Current Deposit Account

c. Fixed Deposit Account

d. Recurring Deposit Account.

e. No-Frill Account

a. Savings Bank Account

This type of account can be opened with a minimum initial deposit that varies from bank to bank. Money can be deposited any time in this account. Withdrawals can be made either by signing a withdrawal form or by issuing a cheque or by using ATM card. Normally banks put some restriction on the number of withdrawal from this account. Interest is allowed on the balance of deposit in the account. The rate of interest on savings bank account varies from bank to bank and also changes from time to time. A minimum balance has to be maintained in the account as prescribed by the bank. Interest rate is paid to the account holders on daily balance basis.

b. Current Deposit Account

Big businessmen, companies and institutions such as schools, colleges, and hospitals have to make payment through their bank accounts. Since there are restrictions on number of withdrawals from savings bank account, that type of account is not suitable for them. They need to have an account from which withdrawal can be made any number of times. Banks open current account for them. On this deposit bank does not pay any interest on the balances. Rather the account holder pays certain amount each year as operational charge. For the convenience of the account holders banks also allow withdrawal of amounts in excess of the balance of deposit. This facility is known as overdraft facility.

c. Fixed Deposit Account (also known as Term Deposit Account)

Many a time people want to save money for long period. If money is deposited in savings bank account, banks allow a lower rate of interest. Therefore, money is deposited in a fixed deposit account to earn interest at a higher rate.

d. Recurring Deposit Account

This type of account is suitable for those who can save regularly and expect to earn a fair return on the deposits over a period of time. While opening the account a person has to agree to deposit a fixed amount once in a month for a certain period. The total deposit along with the interest therein is payable on maturity. However, the depositor can also be allowed to close the account before its maturity and get back the money along with the interest till that period. The rate of interest allowed on the deposits is higher than that on a savings bank deposit but lower than the rate allowed on a fixed deposit for the same period.

e. No Frill Account, ie BSBDA

The Basic Savings Bank Deposit Account allows you to bank with a zero minimum balance requirement. All the existing ‘No­frills’ accounts opened by the banks are now converted into BSBDA in compliance with the guidelines issued on August 22, 2012 by the Reserve Bank of India (RBI). BSBDA guidelines are applicable to “all scheduled commercial banks in India, including foreign banks having branches in India”. No charge will be levied for non­operation/activation of in­operative ‘Basic Savings Bank Deposit Account’. 

Notes: 

a) Minimum age to open a bank account is now 10 years.

b) Maximum Interest rate is given on FD A/c.

c) The maximum period of an FD is 10 years & for RD is 5 years.

SBI PO: BUSINESS LETTER FORMAT

Dear readers, here we are presenting you a few writing tips and format of Business Letter Writing , which will be important for upcoming SBI PO exam.

A business letter, as the name suggests, is a letter which has a formal tone and is used for business purposes. Apart from this, business letters are also written for conveying messages to people who we do not know personally. This makes the business letter different from the usual casual or informal letter.

While writing a business letter, a person has to follow certain rules. One of the most important rules is that it should be short and concise. Businessmen do not have the time to read long letters and hence, the letter should not be more than a page i.e., with maximum 2-3 paragraphs. Apart from this, you have to follow a unique format for business letters, which differs to a large extent from informal letters.

Business Letter Writing Tips:

It will be a good idea to gather some crucial information on the things that you have to keep in mind while writing a business letter. Here, you will find some important tips for the same.

Sender's address and date: According to the rules, it is important to begin the letter with the address and other contact details of the sender. Followed by this, one has to mention the date on which the letter is written.

Recipient's name and address: After you have written the date, you have to mention the recipient's name and full address. This should come 4-6 lines after the date.

Salutation: Once you are done with the address of the recipient, you have to begin the letter with a salutation. The salutation should have a greeting word or phrase followed by a personal title - Mr./Ms. - and the full name of the person. Some of the letter salutations that you can use for business letters include Dear (full name), Dear Sir/Madam, etc. If you do not know the name of the recipient, it would be best to begin with To Whomsoever It May Concern.

Subject: After the salutation comes the subject line where you have to mention the purpose of the letter in short. Make sure that the subject line is in upper-case characters and is aligned either to the left or to the center.

Body: The body of the letter can have 2-3 paragraphs. In the introduction, talk about the reason for writing the letter and in the following paragraphs, you can give the necessary details. It is important to maintain double-line spaces between paragraphs when you are writing a business letter.

Complimentary closing: Once you finish writing the letter, you have to end it with a complimentary closing. Some of the closings include Respectfully Yours, Sincerely, etc. Leave four blank spaces after the complimentary closing and then, write your full name. The blank space should be used to sign your name.

Enclosure: If you have enclosed some document with your letter, it is important for you to mention it just below your name. Leave two spaces and write 'Enclosure' or 'Enclosures' below it. If you have attached more than one enclosure, do not forget to mention the correct number in brackets.

HOW TO WRITE AN ESSAY ?

BUSINESS LETTER FORMAT:

Address

Telephone Number

Email Address

Date

Recipient's Name

Address

Dear Mr./Ms. (Recipient's Full Name),

Subject: (PURPOSE OF THE LETTER)

In the first paragraph, you can introduce yourself, if the recipient does not know you. After this, mention the purpose of the letter. (Use Double Paragraph Spacing)

In the second paragraph, give out the details i.e., the facts that support the statement you made in the first paragraph. You can end the letter with this paragraph or you can have another one, if the information you want to convey does not fit in this paragraph. Complete the letter by thanking the recipient for taking out time to read the letter.

Respectfully Yours,

(Your Signature)

(Your Name)

Enclosure(s) (mention the number)

SBI PO 2015 : ESSAY MANTRA

SBI PO 2015: How to write an essay?

Dear readers, 

As you all know that SBI PO 2015 Paper will also contain a Descriptive Test of 50 marks (1 hour duration), which will consist of English Language Comprehension, Short Précis, Letter Writing & Essay).

So, here we are presenting you "How to write Essay?" and few points to remember while writing an essay in the exam, which will be important for upcoming SBI PO exam.

How to write an essay?

1. Analyze the prompt.

• Note exactly what is asked in the question.
• Write down the prompt on the rough page.
• Underline the key words in the prompt. Look for words like "explain," "identify," "analyze" or "define."
• Break down the prompt into components. If you are to "identify" something and then "analyze" it, then write 1 paragraph identifying what's requested and a second paragraph analyzing what you identified.

2. List all of your ideas.

• Write short sentence fragments or keywords of all of the facts that you can remember. These should be facts that will support the arguments or statements that you will make in your essay.

3. Write a thesis statement for the entire essay.

• This statement should identify the point that you will make in your essay.
• Avoid writing statements about yourself. For instance, don't write "I think" or "The point I will make today is..."
• Make the thesis statement specific.When writing about an interpretation,use neutral language to state your opinion.Write "Jawahar Lal Nehru will always be remembered as a great Indian Prime Minister because he arguably ended the slavery in India." Avoid writing "Everyone thinks Jawahar Lal Nehru is the best Prime Minister in history."
• Make every paragraph in your essay after carefully considering the thesis statement.

4. Divide the facts that you listed earlier into 2 to 4 groups.

• Note the common characteristics of the points in each group. The common characteristics will become the topic sentences for your body paragraphs.
• Discard ideas that don't support your main points. Adding additional ideas will make your writing unfocused.
• Rank each group in order of importance. Start with the least important point in your first body paragraph and conclude with your strongest point in your last body paragraph.

5. Write the topic sentences for your body paragraphs.

• Use 1 or 2 sentences for each supporting point in your paragraphs. Make sure the sentences directly relate to the paragraph's topic sentence.
• State the supporting point. Then, state why the point is important. Never write something down without explaining its significance.

6. Write the concluding statements for each paragraph.

• Restate the argument that you made in your topic sentence.

7. Create a short introduction for your essay.

• For example, use a fact, quote or statistic that relates to your thesis statement. Your thesis statement should be the last sentence of your introduction.

8. Write a conclusion. 

• The conclusion should restate the thesis statement, briefly summarize the arguments that you made and finish by stating the ultimate point of your essay.

CLICK HERE FOR SBI PO : BUSINESS LETTER FORMAT

Few points to remember while writing essay:

• Choose the title very carefully in which you are perfectly at home. Never choose a title about which you have only hazy and ambiguous ideas.
• You must jot down your points or ideas before you start writing the essay.
• Do not go against the title generally.
• The introduction should be direct and relevant . Do not beat about the bush and deviate from the title too much.
• Avoid your essay with redundant quotations which might can show lack of expression.
• Do not use stale idioms and clichés too much like ‘leaving no stone unturned’ or Rome was not built in a day’.
• Put each main idea in to a separate paragraph.
• You must not give numbers to paragraphs nor is there any need of giving sub-headings.
• Avoid the use of slang and colloquial terms and try to develop a graceful, dignified and literary style.
• The essay should be written in a simple language. Sentences should be terse and short.
• Let the tone of the essay be informative and suggestive.
• Always remember that the beginning and the ending of an essay are very important, so give them the maximum attention.
• Never give a categorical or one-sided conclusion. The conclusion should always be balanced one.
• You must revise your essay after completion to correct the mistakes, if any.

CLICK HERE FOR SBI PO : BUSINESS LETTER FORMAT

BANKING AWARENESS : BANK SLOGAN QUIZ

1. Slogan of Allahabad Bank _______?    

    a) Where money lives
    b) A Tradition of Trust
    c) The whole world in one bank
    d) Together we can


2. Slogan of Andhra Bank _______ ?

     a) Together we Prosper
     b) Serving to Empower
     c) Where India Banks
     d) Blending Modernity with Tradition


3. Slogan of Bank of Maharashtra _______?

     a) One Family, One Bank
     b) Prosperity to All
     c) Experience Next Generation Banking
     d) The name you can bank upon


4. Slogan of Bank of India _______ ?

     a) The Changing Face of Prosperity
     b) Experience our expertise
     c) Good people to bank with
     d) Relationship beyond banking


5. Slogan of Canara Bank _______ ?

     a) Leading to results
     b) The Thinking Behind the Money
     c) Commerzbank. Ideas ahead
     d) Together we can


6. Slogan of Central Bank Of India _______?

     a) Not Your Typical Bank
     b) ''Centrally Yours'' Becoz We Are ''Central To You Since 1911''
     c) Where every individual is committed
     d) Central Bank, We value your time


7. Slogan of Corporation Bank _______ ?

     a) A Primer Public Sector Bank
     b) Not Your Typical Bank
     c) The world's local bank
     d) What's in your wallet?


8. Slogan of Dena Bank _______ ?

     a) We value your time
     b) The power to do more
     c) Trusted Family Bank
     d) The Thinking Behind the Money


9. Slogan of Bank of Baroda _______ ?

     a) India's International Bank
     b) You live. We'll take care of the details
     c) The Bank in Your Mind
     d) India's best business bank


10. Slogan of Indian Bank _______ ?

     a) You can always bank on us
     b) Where every individual is committed
     c) Good people to bank with
     d) Your Tech-Friendly Bank


11. Slogan of Indian Overseas Bank (IOB) ______ ?

     a) Your Life. Anything is possible. Be with IOB
     b) Where series is a way of life
     c) Good people to Grow with
     d) Together we can


12. Slogan of HDFC is _______ ?

     a) We Understand Your World
     b) A premier government of Indian enterprise
     c) Relationship beyond banking
     d) A tradition of trust


13. Slogan of Federal Bank is _________?

     a) For all your needs
     b) One family one bank
     c) Together we can
     d) Your Perfect Banking Partner


14. Slogan of ICICI Bank is _______?

     a) Indias central bank
     b) Hum Hai Na...
     c) Taking banking technology to the common men
     d) A premier government of Indian


15. Slogan of IDBI Bank is _______?

     a) Trusted family bank
     b) Where vision gets built
     c) Banking for All; Aao Sochein Bada
     d) Good people to grow with


16. Slogan of Reserve Bank of India is _________?

     a) Indias central bank
     b) World wise
     c) Honors your trust
     d) Invest with confidence''


17. Slogan of Punjab National Bank is _______?

     a) Indias international bank
     b) Smarter Money
     c) The Name you can BANK upon
     d) Protection


18. Slogan of Oriental Bank of Commerce is _______ ?

     a) Banking for all
     b) What's in your wallet?
     c) You can count on us
     d) Where every individual is committed


19. Slogan of State Bank of India is _______?

     a) Where money lives
     b) The Next Stage
     c) Banker to every Indian
     d) Embracing ingenuity


20. Slogan of Syndicate Bank is _______?

     a) Together we make a great team
     b) Smart way to Bank
     c) Invest with confidence
     d) Your Faithful And Friendly Financial Partner


21. Slogan of Union Bank of India is _______?

     a) Good people to bank with
     b) Making more possible
     c) At the service of your ideas
     d) More human interest


22. ''Yogakshemam Vahamyaha'' Slogan of ______?

     a) REC
     b) LIC
     c) Bachat Lamp Yojna
     d) Midday Meal Scheme



Answers ::

1] A Tradition of Trust 

2] Where India Banks 

3] One Family, One Bank 

4] Relationship beyond banking 

5] Together we can 

6] “Centrally Yours” Becoz We Are “Central To You Since 1911″ 

7] A Primer Public Sector Bank 

8] Trusted Family Bank 

9] India’s International Bank 

10] Your Tech-Friendly Bank 

11] Good people to Grow with
12] We Understand Your World 

13] Your Perfect Banking Partner 

14]Hum Hai Na… 

15] Banking for All; Aao Sochein Bada

16] Indias central bank

17] The Name you can BANK upon

18] Where every individual is committed

19] Banker to every Indian

20] Your Faithful And Friendly Financial Partner

21] Good people to bank with

22] LIC,

CURRENT AFFAIRS INDIA - 28 JUNE 2015

1. Light Combat Helicopter (LCH), indigenously designed and developed by the Hindustan Aeronautics Limited (HAL), has successfully completed the hot weather trails yesterday. 

The combat helicopter had completed cold weather flight testing in February 2015 and can now be used by Indian air force. The helicopter is designed to carry out dedicated combat roles such as Air Defence, anti-tank, scout and support combat search/rescue missions.

2. Indian Government has announced to infuse additional USD 1.8 billion (nearly Rs 11,500 crore) in public sector banks this fiscal year which is over the USD 1.2 billion already announced in the Budget. The government has earmarked Rs 7,940 crore in the Budget for recapitalization of PSU banks for the current fiscal.

3. India has been ranked at the fourth largest carbon emitter in the world in terms of per capita emission accounting for 6.6 % of global emissions for the year 2012, as per list published by the World Resources Institute (WRI) in its latest analyses of the country-wise carbon emissions of climate-damaging greenhouse gases (GHGs).

As per the analysis, the top 10 emitters are China (25.26%), US (14.4%), European Union (10.16%), India (6.69%), Russia (5.36%), Japan (3.11%), Brazil (2.34%), Indonesia (1.76%), Mexico (1.67%) and Iran (1.65%).

IBPS CWE PO/MT 2015 - PATTERN | EXAM DATES |

As per the expectation IBPS has changed the exam pattern for CWE PO/MT and now it will be conducted in two phases. All the candidates who successfully register themselves under CWE PO/MT-V will be called for Preliminary Examinations. Based on Pre exam, candidates will be shortlisted & called for Main Examinations. 

IBPS PO/MT 2015 NOTIFICATION | APPLY ONLINE

IBPS PO 2015 Pre Exam Pattern ::

It is as per official notice that IBPS PO Pre exam will be of 1 hour duration. The number of questions asked will be 100 from the basic sections of this exam given below. The difficulty level of these questions will be of easy to moderate while that of Main exam would be high. The syllabus of this section will be same as that of mains. Only the difficulty level varies.

IBPS PO Pre Exam
Sr. No.	Name of Tests	No. of questions	Max. Marks	Duration
1	English language	30	30	1 hours
2	Quantitative Aptitude	35	35
3	Reasoning Ability	35	35
	Total	100	100

There will be 100 questions & 3 sections in the Preliminary Examination with 1 hour duration. The marks obtained in the Preliminary examination will not be considered for preparing the final merit list. Marks obtained in the Main Examination will only be considered for short listing for interview.

IBPS PO 2015 Main Exam Pattern :: 

This probationary officer exam written test paper is divided in 5 sections. These five sections are Reasoning, Quantitative Aptitude, English, General Awareness with special reference to banking industry and Computer knowledge. So IBPS PO Exam consists of these 5 sections topics. All the 5 sections completely detailed is given below.

IBPS PO Main Exam
Sr. No.	Name of Tests	No. of questions	Max. Marks	Duration
1	English language	40	40	2 hours
2	Quantitative Aptitude	50	50
3	Reasoning Ability	50	50
4	General Awareness with special reference to banking industry	40	40
5	Computer Knowledge	20	20
	Total	200	200

Please note that Syllabus of both Pre & Main remains same. Only the no. of sections, time, difficulty level varies. Preliminary exam will have questions of low level while Main exam will be difficult.

IMPORTANT DATES

Online registration                                                    : 10th July 2015 to 01st August 2015

Payment of Application Fees (Online)                     : 10th July 2015 to 01st August 2015

Download of call letters for Pre-Exam Training      : 09th Sept 2015 to 19th Sept 2015

Conduct of Pre-Exam Training                                 : 18th Sept 2015 to 23rd Sept 2015

Download of call letters for Pre Exam                      : 23rd September 2015 onwards

Online Examination - Preliminary                             : 03rd October 2015 

                                                                                    : 04th October 2015

                                                                                    : 10th October 2015

                                                                                    : 11th October 2015

Result of Online exam - Preliminary                          : October 2015

Download of Call letter for Online exam - Main        : October 2015

Online Examination - Main                                         : 31st October 2015

Declaration of Results - Main                                      : November 2015

Download of call letters for interview                         : December 2015

Conduct of interview                                                    : January 2016

Provisional Allotment                                                   : April 2016

SBI PO MAINS EXAM 2015: Banking Awareness Quiz

1. Interest payable on savings bank accounts is. 

(A) not regulated by RBI 

(B) regulated by Sate Governments 

(C) regulated by Central Government 

(D) regulated by RBI 

(E) regulated by Finance minister 

2. Fixed deposits and recurring deposits are. 

(A) repayable after an agreed period 

(B) repayable on demand 

(C) not repayable 

(D) repayable after death of depositors 

(E) repayable on demand or after an agreed period as per bank’s choice 

3. When a bank returns a cheque unpaid, it is called.  

(A) payment of the cheque 

(B) drawing of the cheque 

(C) cancelling of the cheque 

(D) dishonor of the cheque 

(E) taking of the cheque 

4. Which of the following states became the first state in the country to launch RBI’s e-payment system for commercial tax payers?  

(A) Andhra Pradesh 

(B) Kerala 

(C) Gujarat 

(D) Maharashtra 

(E) Karnataka 

5. NEFT means–  

(A) National Electronic Funds Transfer system (B) Negotiated Efficient Fund Transfer system 

(C) National Efficient Fund Transfer solution (D) Non Effective Fund Transfer system 

(E) Negotiated Electronic Foreign Transfer system 

6. Largest shareholder (in percentage shareholding) of a nationalized bank is.  

(A) RBI 

(B) NABARD 

(C) LICI 

(D) Govt. of India 

(E) IBA 

7. Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of.  

(A) Minors 

(B) Married women 

(C) Senior citizens 

(D) Govt. employees 

(E) Rural residents 

8. A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as.  

(A) investment banking 

(B) core banking 

(C) mobile banking 

(D) national banking 

(E) specialized banking 

9. With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country–  

(A) Will 

(B) Registration 

(C) Nomination 

(D) Indemnity 

(E) Guarantee 

10. What is money laundering?  

(A) Conversion of assets into cash 

(B) Conversion of Money which is illegally obtained 

(C) Conversion of cash into gold 

(D) Conversion of gold into cash 

(E) Conversion of gold with foreign currency 

11. Which one of the following is not a salient feature of debit card? 

(A) No bad debts to banks and no suits for recovery 

(B) No interest earning for banks 

(C) Works like a normal withdrawal slip 

(D) 45 days credit is given to the card holder 

(E) All the above 

12. Which of the following is a measure taken by Reserve Bank of India to control inflation in our country?  

(A) Increase in CRR 

(B) Increase in SLR 

(C) Contraction of supply of currency 

(D) Raising of Repo / Reverse Repo Rate 

(E) Decrease the SLR 

13. What type of loan is granted by banks for purchase of white goods?  

(A) Consumption loan 

(B) Mortgage loan 

(C) Consumer durables loan 

(D) Home loan 

(E) None of these 

14. What is a stale cheque?  

(A) A cheque issued without drawer’s signature (B) A cheque with only signature of the drawer 

(C) A cheque which has completed six months from its date of issue 

(D) A six months’ post dated cheque 

(E) Anyone of these 

15. Which one of the following constitutes the largest percentage of Retail loans in India?  

(A) Auto loans 

(B) Personal loans 

(C) Personal overdrafts 

(D) Consumer loans 

(E) Home loans 

Answers
1. (D)
2. (B)
3. (D)
4. (E)
5. (A)
6. (D)
7. (C)
8. (E)
9. (C)
10. (B)
11. (D)
12. (D)
13. (C)
14. (C)
15. (E)

CURRENT AFFAIRS INDIA - 26 JUNE 2015

1. India's Capital Market Regulator, SEBI has relaxed some IPO norms in order to help investors and companies. It has reduced the listing time to six days from the date of the public offer and also allowed a larger number of firms to tap the 'fast-track' route for raising funds.

The shorter time period will also help reduce the costs associated with the public offering and this will be effective from 1^st January 2016.

2. India's foreign exchange reserves jumped by USD 1.17 billion to touch a new record high of USD 355.46 billion for the week ended 19^th June, as per the weekly report published by the RBI. Foreign currency assets, a major component of overall reserves, increased by USD 1.135 billion to USD 330.71 billion in the reporting week.

India's gold reserves remained unchanged at USD 19.34 billion in the same week. The special drawing rights were increased by USD 26.6 million to USD 4.07 billion while the country's reserve position with the International Monetary Fund increased by USD 8.5 million to USD 1.32 billion in the same week.

3. Ericsson has appointed Paolo Colella as new Head of India business. Paolo will also take a seat on Ericsson's Global Leadership Team and will report to the Chairman of Region India and Senior Vice President Asia-Pacific, Mats H Olsson.

4. Satnam Singh Bhamara became the first Indian-born player to be included in the NBA (National Basketball Association) League. He was picked by the Dallas Mavericks in the 2015 NBA Draft.

Born in Ballo Ke in Punjab, he started playing the game at an early age and he attended the government-funded Ludhiana Basketball Academy at the age of 12. At age 14, he was one of 29 Indian athletes in three sports who moved to the United States to get trained at the renowned IMG Academy in Bradenton, Florida, as part of a new scholarship programme.

5. India's Inderjit Singh and Jinson Johnson won gold medals at the first leg of the Asian Athletics Grand Prix held in Bangkok, Thailand this week. Inderjit won the gold in Shot Put by throwing 19.83 meters while Johnson won the gold in 800 meter event with a time of 1:48.52.