Ultimate Tricks to Remember National and International Organisations

Today we are providing you list of National & International  Organisations &some tricks to remember International Organisation.

NATIONAL ORGANISATIONS

Important national headquarters for upcoming SSC Exams

Rashtriya Bal Bhavan—New Delhi
Institute of Central Indian Language—Mysore
Central Hindi Institute—Agra
Central Museum Authority—New Delhi
Central Pollution Control Board—Delhi
Indian Forest Research and Education Council—Dehradun
Indian Forest Survey—Jorhat
Air Force Academy—Hyderabad
Indian Military Academy—Dehradun
Institute of National Museum History for Art Conservation and Science Museum—New Delhi
Lalit Kala Academy (1954)—New Delhi
Institute of Indian Diamond—Surat
National Science Museum Parishad—Kolkata
Indian Standard Bureau—Delhi
Pesticide Technology Institute—Gurgaon
National Aluminium Co. Ltd.—Orissa
National Justice Academy—Bhopal
Satyajeet Ray Film and Television Institute— Kolkata
National Film Archieves—Pune
Indian Science Academy—Allahabad
National Project Construction Corporation Ltd.—New Delhi
Telecommunication Engineering Centre—New Delhi

INTERNATIONAL ORGANISATIONS

Rule 1: If the name of any Organization starts with “World or International” and ends with “Organization“, their headquarters will be in “Geneva, Switzerland“.

Remember : [ W_O & I_O ] —- Geneva, Switzerland

[ W_O]

GK Questions asked in Railway 2016 Exam – 28th March 2016 (First Slot)

1) Rowlatt act year - 1919

2) TB day - 24th March

3) Who gave the slogan "do or die" - Mahatma Gandhi

4) When did Indian constitution came into amendment?

5) What is the name of horse of Maharana Pratap Singh - Chetak

6) Karnam Malleswari related to which game? Weightlifting

7) In which places dead bodies are not burried options (tajmahal, charminar, other 2 options i didn't remember)

8) Hacker is : _____

9) Odd one out (external hard disk, CD, keyboard, digital camera)

10) First international cricket match was played between? USA and Canada

11) Golden Temple of Dambulla is present in? Sri Lanka

12) Cyprus capital? Nicosia

13) Sorrow of Bengal is? Damodar River

14) How many moons does mars have? -

IMPORTANT RAILWAY QUESTIONS FOR NTPC 2016 ONLINE EXAM - Part 2

Q1. What is the position of the Indian Railways in the World according to the length of rail lines?

(a) 1st (b) 2nd

(c) 3rd (d) 4th

Answer---(d)

Q2 . When was the nationalization of Indian Railways done ?

(a) 1952 (b) 1950

(c) 1951 (d) 1954

Answer---(b)

Q3. Where is the Indian Railways institute of Mechanical and Electrical Engineering institute situated? 

(a) Nasil (b) Baroda

(c) Jamalpur (d) Pune

Answer---( c)

Q4 . The hardest substance available on the earth is ?

IMPORTANT RAILWAY QUESTIONS FOR NTPC 2016 ONLINE EXAM

            1.   When was the first underground railway (Metro Railway) started?

(a)     1982

(b)     1989

(c)     1984

(d)     1992

                                                             

2.       Shatabdi Express train was started in

(a)     1984

(b)     1988

(c)     1990

(d)     1985

                                                             

3.       At which of the following places Diesel Component Works is established?

(a)     Jamshedpur

(b)     Patiala

(c)     Perambur

(d)     Varanasi

                                                             

4.       Which Zone is the largest in Indian Railways?

(a)     Central Railway

(b)     Northern Railway

(c)     Eastern Railway

(d)     Western Railway

                                                             

5.       The railway station situated in the extreme south is

CUPS & TROPHIES ASSOCIATED WITH SPORTS

Given below is the list of some of the important CUPS & TROPHIES ASSOCIATED WITH SPORTS. These are very important for Bank PO & other competitive exam point of view. Go through the same at your leisure.

INTERNATIONAL

American Cup  : Yacht Racing Ashes : Cricket Benson and Hedges : Cricket Canada Cup : Golf Colombo Cup : Football Corbitton Cup : Table Tennis (Women) Davis Cup : Lawn Tennis Derby : Horse Race Grand National : Horse Streple Chase Race Jules Rimet Trophy : World Soccer Cup King's Cup : Air Races Merdeka Cup : Football Ryder Cup : Golf Swaythling Cup : Table Tennis (Men) Thomas Cup : Badminton U. Thant Cup : Tennis Uber Cup : Badminton (Women) Walker Cup : Golf Westchester Cup : Polo Wightman Cup : Lawn Tennis World Cup : Cricket World Cup : Hockey Reliance Cup : Cricket Rothman's Trophy : Cricket William's Cup : Basketball European Champions Cup : Football Eisenhower Cup : Golf Essande Champions Cup : Hockey Rene Frank Trophy : Hockey Grand Prix : Table Tennis Edgbaston Cup : Lawn Tennis Grand Prix : Lawn Tennis World Cup : Weight-lifting

NATIONAL

Agarwal Cup : Badminton Agha Khan Cup : Hockey All-India Women's Guru Nanak Championship : Hockey Bandodkar Trophy : Football Bangalore Blues Challenge Cup : Basketball Barna-Bellack Cup : Table Tennis Beighton Cup : Hockey Bombay Gold Cup : Hockey Burdwan Trophy : Weight-lifting Charminar Trophy : Athletics Chadha Cup : Badminton C. K. Naydu Trophy : Cricket Chakoia Gold Trophy : Football Divan Cup : Badminton Deodhar Trophy : Cricket Duleep Trophy : Cricket D. C. M. Cup : Football Durand Cup : Football Dhyan Chand Trophy : Hockey Dr. B. C. Roy Trophy : Football (Junior) Ezra Cup : Polo F. A. Cup : Football G. D. Birla Trophy : Cricket Ghulam Ahmed Trophy : Cricket Gurmeet Trophy : Hockey Gura Nanak Cup : Hockey Gyanuati Devi Trophy : Hockey Holkar Trophy : Bridge lrani Trophy : Cricket I. F. A. Shield : Football lndira Gold Cup : Hockey Jawaharlal Challenge : Air Racing Jaswant Singh Trophy : Best Services Sportsman Kuppuswamy Naidu Trophy : Hockey Lady Rattan Tata Trophy : Hockey MCC Trophy : Hockey Moinuddaula Gold Cup : Cricket Murugappa Gold Cup : Hockey Modi Gold Cup : Hockey Narang Cup : Badminton Nehru Trophy : Hockey Nixan Gold Cup : Football Obaid Ullah Gold Cup : Hockey Prithi Singh Cup : Polo Rani Jhansi Trophy : Cricket Ranjit Trophy : Cricket Rangaswami Cup : Hockey Ranjit Singh Gold Cup : Hockey Rajendra Prasad Cup : Tennis Ramanujan Trophy : Table Tennis Rene Frank Trophy : Hockey Radha Mohan Cup : Polo Raghbir Singh Memorial : Football Rohinton Baria Trophy : Cricket Rovers Cup : Football Sanjay Gold Cup : Football Santosh Trophy : Football Sir Ashutosh Mukherjee : Football Subroto Cup : Football Scindia Gold Cup : Hockey Sahni Trophy : Hockey Sheesh Mahal Trophy : Cricket Todd Memorial Trophy : Football Tommy Eman Gold Cup : Hockey Vittal Trophy : Football Vizzy Trophy : Cricket Vijay Merchant Trophy : Cricket Wellington Trophy : Rowing Wills Trophy : Cricket

Important Current Affairs Capsule Quiz of OCTOBER NOVEMBER AND DECEMBER 2015 CAPSULE

Download PDF Here

•

OCTOBER

•

1.  India will host G20 summit in ......... ?
Ans- 2018 (2016 to China and in 2017 Germany)
2. Which country / territory flag was raised at United Nations for the first time in october?
Ans- Palestine
3. The International Day of Older Persons (IDOP) was  observed across the world with the theme Sustainability and Age Inclusiveness in the Urban Environment ?
Ans- 1 October 2015
4. . World Vegetarian Day was observed on........?
Ans- 1 October 2015
5. What is the Full form of FATCA?
Ans- foreign account tax compliance act
6. Who was appointed as BCCI President ?
Ans-Shashank Manohar
7. Who has won the 2015 Right Livelihood Award ?
Ans-Inuit and Arctic activist Sheila Watt-Cloutier of Canada
8. Who has emerged as world’s largest cotton producer ?
Ans- India
9. Which Bank has become the first institution worldwide to launch m-Visa, a card-less and device-less solution to make the payments ?
Ans- ICICI Bank
10. India's first solar powered district court inaguratedby Prime Minister at which place ?
Ans- Khunti, Jharkhand
11. Who have won the 2015 Nobel Prize in Physics for their discovery of neutrino oscillations ?
Ans- Japan's Takaaki Kajita and American Arthur B. McDonald
12. Who have won the 2015 Nobel Prize in Physiology or Medicine-2015 ?
Ans- one half jointly to William C Campbell (Ireland) and Satoshi Omura (Japan) for their discoveries concerning a novel therapy against infections caused by roundworm parasites and the other half to Youyou Tu (China) for her discoveries concerning a novel therapy against Malaria.
13. DRDO inaugurated world’s highest Research Centre at which Place ?
Ans- Chang La, Ladakh in Jammu and Kashmir at 17600 feet
14. . India’s gross domestic product (GDP) is expected to grow at which rate according to United Nations Conference on Trade and Development (Unctad) ?
Ans-7.5 per cent
15. Who won 2015 Nobel Prize for Chemistry ?
Ans-Sweden's Tomas Lindahl, the US-based Paul Modrich and Turkish-born Aziz Sancar for work on mapping how cells repair damaged DNA.
16. The Pravasi Bharatiya Divas (PBD) Conference 2016 will be held at which place ?
Ans- New Delhi from 8 January to 10 January 2016.
17. India’s gross domestic product (GDP) is expected to grow at which rate

Important Insurance Abbreviations

A

ARM – Associate in Risk Management 
ARMP – Associate in Risk Management for Public Entities 

B

BAP – Business Auto Policy 
BOP – Business Owners Policy 

C

CFROI – Cash Flow Return on Investments 
CIC – Certified Insurance Counselor 
CISR – Certified Insurance Service Representative 
CPIW / CPIM – Certified Professional Insurance Woman / Man 

Union Budget 2016-17

Finance Minister Arun Jaitley listed 'nine pillars' including tax reforms, promoting ease of doing business and ensuring fiscal discipline, that will transform India.

Unveiling the Budget 2016-17, he said the pillars also include emphasis on governance reforms.

The other pillars, he added, include focus on agriculture and rural areas with a view to doubling farm income by 2022.

Besides, he said, government will lay greater emphasis on social sectors, education and skill building and job creation for building a knowledge based and productive economy.

The government, Jaitley said, will also focus on infrastructure investment, financial sector reforms, fiscal discipline and tax reforms to reduce compliance burden.

Current Affairs India - 26-27 February 2016

1. The Economic survey was presented by the Finance Minister Arun Jaitley in the Lok Sabha on Friday. The survey predicted GDP growth rate in the range of 7 to 7.75% for financial year 2016-17, which will be the highest in the world. It said government will meet its fiscal deficit target of 3.9% of GDP.

The survey also called for more economic reforms, subsidy cuts and fiscal consolidation in order to improve India's macro-economic condition. Overall, it presented an optimistic picture of Indian economy during global economic slowdown. As per the report, increase in wages recommended by the 7th pay commission will not destabilise prices and will have little impact on inflation.

2. The Union Cabinet chaired by the Prime Minister Narendra Modi has approved to establish Atal Innovation Mission (AIM) and Self Employment and Talent Utilisation (SETU) in NITI Aayog with appropriate manpower in order to implement of Missi

Railway Budget 2016-2017

Railway Minister Suresh Prabhu presented his second rail budget this year. He kept the fares unchanged.  In his budget speech, he said that for this budget he owes its inspiration to vision of PM Modi who said: "My vision is to make railways backbone of India’s progress & economic development."

He outlined the 3 pillars of strategy - raise new revenues, raise productivity and efficiency and revamp the processes. He also said that the Core objective is to become engine of economic growth, create employment and provide customer service.

So now let’s see what Mr. Prabhu had for the citizens of India. Here are the highlights of the Rail Budget 2016:

What is a Non-Performing Asset (NPA)? How assets are classified?

Assets for a bank are the loans it has given and investment made by the bank. Most important assets for banks are loans given by it. Similarly, banks make investment in government securities by purchasing them.

Usually, the health as well as the financial condition of a bank is measured through the proportion of bad assets or Non Performing Assets with it.

Simply, NPA indicates the amount of loan that was not returned by the customer. An asset becomes non-performing when it ceases to generate income for the bank.

As per the current norm, if a loan is overdue during the last 90 days, it will be categorized as a Non Performing Asset (NPA). A loan whose interest and / or installment of principal have remained 'overdue due' for a period of 90 days is thus considered as NPA. Overdue is a situation where the loan is not paid by the due date fixed by the bank.

From the banks’ health point of view, higher the NPA, lower will be its health. Attempt to strengthen a bank is mainly concentrated on NPA management.

Some of the assets of the banks may not have returned or were not repaid for a considerable point of time. Here, to measure the seriousness of repayment delay, assets are classified into different categories.

How assets are classified?

Assets of a bank are classified in terms of its repayment status. Standard assets, substandard assets, doubtful assets and loss assets are classifications of asset quality.

For a bank, classification of assets into different categories should be done taking into account credit weaknesses and the extent of dependence on collateral security for realization of dues.

What is a standard asset?

Standard Asset is one which does not disclose any problems and which does not carry more than normal risk attached to the business. Such an asset should not be an NPA.

What is a substandard asset?

A substandard asset would be one, which has remained NPA for a period less than or equal to 12 months.  

What is a doubtful asset?

An asset would be classified as doubtful if it has remained in the substandard category for a period of more than 12 months. 

What is a loss asset?

A loss asset is one where loss has been identified by the bank or internal or external auditors or by the RBI inspection but the amount has not been written off wholly. In other words, such an asset is considered uncollectible.

Loss assets should be written off. If loss assets are permitted to remain in the books for any reason, 100 percent of the outstanding should be provided for. This means that full amount of the loss assets should be kept from some other sources like profit of the bank to meet the loss.

The mechanism of Provisioning is done to address the asset quality deterioration for a bank’s assets. The worse is the assets’ quality; higher will be the provisioning coverage ratio. Banks should make provision against substandard assets, doubtful assets and loss assets in a differential manner.

To know more about PROVISIONING Click Here

What is provisioning? What is Provisioning Coverage Ratio?

One of the leading issues related with the banking sector nowadays is the rising level of NPAs. Higher NPAs worsens the financial health of a bank. To tackle the NPA or bad assets problem, RBI has designed several mechanisms. An import one among them is the Provisioning norms.

Under provisioning, banks have to set aside or provide funds to a prescribed percentage of their bad assets. The percentage of bad asset that has to be ‘provided for’ is called provisioning coverage ratio. The provisioning coverage ratio is the percentage of bad assets that the bank has to provide for (keep money) from their own funds –most probably profit.

For example, if the provisioning coverage ratio is 70% for a particular category of bad loans, banks have to set aside funds equivalent to 70% those bad assets out of their profits (in most cases).  Provisioning is a part of the RBI’s prudential regulation norm.

Assets of a bank means loans they have given and investment they have made. If the loans are not coming, there should be provisioning for such bad debts. The assets are classified by the RBI in terms of their duration of non-repayment.

To know about NPAs Click Here

Provisioning differs with asset quality  

Provisioning coverage ratio differs in terms of the quality of assets. Some assets may be lost forever and they are categorized as loss assets. This implies that such loans will never be repaid. For such assets, bank has to set aside 100% of such loss assets out of its profit. Similarly, there may be substandard assets where the loans are not repaid for a shorter period. In this case, less proportion of those assets can be set aside from profit.

When banks report profits, they give low dividends now a day because of the provisioning requirement. Many banks have substantial NPAs now and they are setting apart a major chunk of their profit to meet the provisioning.

What is current account deficit? What are the features of India’s current account deficit?

The current account of country shows its profile in goods and services trade. Technically, the current account of the balance of payments explains the money value of goods and service (services is contained under invisibles) exported and imported by the country during an accounting period.

To understand the Current Account Deficit (CAD), we should have an idea about Balance of Payments.

What is balance of payments (BoP) account?

Usually citizens and companies of a country make several types of transactions with other countries. Basically, there are three types of transactions: trade in goods, trade in services (or in a broader sense invisibles) and capital transactions.  

Balance of payment account of India is a systematic statement of all economic transactions between the residents of India and the residents of the rest of the world in an accounting period (say one year).

The BoP as a classification format, classifies the BoP account into two:

• Current account transactions that involves exports and imports of goods and services (services are incorporated under invisibles). And
• Capital account transactions that involve the flow of investable money to and from India.

What are the components of current account?

Current account has two components – exports and imports of goods and export and imports of invisibles (include services). Hence the current account has two subcomponents:

1. Merchandise trade account ( for exports and imports of goods) and
2. Invisible account ( for services, remittances and income)

Merchandise trade account: gives the money value of India’s exports and imports of goods. When we often mention exports and imports, it is about the merchandise account.

Invisible account: indicate India’s

 (a) Service exports and imports (software exports, tourism revenues, etc, various service imports)

(b) Remittances (private remittances from abroad and payment to foreign countries)

(c) Income (income earned by MNCs from their investment in India).

India’s current has some common trends during many years. First is that the country has a strong trade deficit. This means that exports of goods are significantly lower than imports of goods. Second, India has a reasonably good invisible surplus (because of software exports and remittance inflows). But for most years, the trade deficit will be higher than invisible surplus.  This in turn produces a current account deficit for the country in most years.  

The following table shows a typical current account situation for India. Minus sign indicates deficit whereas the plus sign indicates surplus.  

The Current Account

                                                                                  In US $ billion

  1. Trade balance (A+B)                                                  -190

  2. Invisible balance(C+D)                                     +100

  3. Current account balance (1+2)                               -90

The table shows that the country has a current account deficit of $ 90 billion.

(The figures in the table are approximation of the 2012-13 figures for India; Source: RBI)

          

As per the table, India had a trade deficit and invisible surplus for the year. Considerable invisible surplus helped India to offset most of the big trade deficit. But since the invisible surplus was lower than trade deficit, the current account of the country registered a deficit of $90 bn.

Since, balance of payment indicates transactions with other countries, it holds some extra importance. Most importantly the transactions are done through foreign currencies. We call such currencies as hard currencies or international reserve currencies (eg. US $). Hence, the export and imports of goods and services or capital inflow or outflow that takes place from and to India are expressed in terms of US $ in India’s balance of payment account.