4/11/2015

BankersAdda:DailyGKUpdate8thApril2015

BANKING

DAILYQUIZ

ENGLISH

FRESHVACANCY

GKUPDATES

IBPSCLERK

IBPSPO

INTERVIEWPREP

RESULTS

SAMPLEPAPERS

SHORTCUTS

SSC

BANKERSADDAINHINDI

IBPSCLERK2014

GKPowerCapsule
Hindi
GKPowerCapsule
English
CallLetterDownload
PETCallLetter
Download
Syllabus&Exam
Pattern
LinkActive
Notification

IBPSPO2014

IBPSPOIVWritten
TestScores
IBPSPOIVWritten
TestResult
ComputerCapsule
GKPowerCapsule
HindiVersion
IBPSPOGKPower
Capsule
SyllabusandPattern
NotificationFAQs
IBPSPO2014
Notification

SBIASSOCIATEPO(2986
VACANCIES)

DailyGKUpdate8thApril2015
1.SBI,ICICI,HDFCBankheedRaghuramRajan'scall,cutbaserate
i. State Bank of India was the first off the block
to impress the regulator by reducing its base
rate, forcing private sector peers HDFC Bank
and ICICI Bank to follow suit as they took heed
of RBI governor Raghuram Rajan's stern
message to ensure transmission of monetary
policies.
ii.StateBankofIndialowereditsbaseratebya
token 15 basis points from 10% to 9.85%.
HDFC Bank lowered its base rate by 15 bps to
9.85%, while ICICI Bank cut it by 25 bps to
9.75%,thelowestintheindustrynow.
iii. SBI's new base rate is effective from April
10,whileHDFCBank'swillcomeintoeffectfromApril13.ICICIBanksaid
its existing floating rate customers will get the benefit of the new rate from
April10,whilenewborrowerswillgetitfromJuly1.
iv. HDFC Bank and ICICI Bank have also reduced deposit rates by 25 bps
formediumtermdepositsofuptoRs1crore.

2.Rs20,000crMUDRABanklaunchedbyPMNarendraModi
i. PM Narendra Modi launched the Rs 20,000 cr Micro Units Development
RefinanceAgency(MUDRA)Bankandsaid,theaimofthebankistofund
the unfunded small entrepreneurs and to strengthen savings habit in the
country.
ii. MUDRA Bank will provide credit of up to Rs 10 lakh to small
entrepreneursandactasaregulatorforMicroFinanceInstitutions(MFIs).
iii.TherolesenvisagedforMUDRAincludelayingdownpolicyguidelinesfor
microenterprisefinancingbusinessandregistrationofMFIentitiesaswellas
theiraccreditationandrating.
iv. MUDRA is to be set up through a statutory enactment. It would be
responsiblefordevelopingandrefinancingthroughaPradhanMantriMUDRA
Yojana.
v. MUDRA would also partner with state/regional level coordinators to
providefinancetoLastMileFinanciersofsmall/microbusinessenterprises.

AdmitCardDownload
ExamSyllabus&
Pattern

RBIAssistant
Vacancies:Doubts
Clarified
LastYearQuestions

IBPSRRB2014

IBPSRRBWritten
ResultOut
AdmitCard
RRBCapsule
(English)
FAQs
IBPSRRB2014
Notification

SBICLERK201415
VACANCIES

BAAchieversGang(forBA
readers,whohavemadeitto
IBPSthisyear)

Ifyouhaveanyfeedbackorwant
toshareanythngwithus,plsmail
usatinfo@bankersadda.com

Notification

FinancialAwareness
Capsule

JoinIBPSPO(TierI&TierII)
CoachingatCareerPower
Chhatarpur,Muzaffarpur,
Rohtak,Bikaner,Sonipat,
Jaipur,Alwar,Dehradoon,
Udaipur,Ranchi,Rewa,
Jodhpur,Kolkata,Varanasi,
Patna,Meerut,Bhatinda,
Brahampur,Guna,Agra,
Jhansi,Bareilly,Aligarh,
Gwalior,Delhi,Noida,
Ghaziabad,Lucknow,Kanpur

FelicitationFunctionforthe
successfulCareerPower
studentsinIBPSPOIVand
IBPSClerkIV

GKPowerCapsule
EnglishVersion

RBIAssistants
Notification

CPOSITESTSERIES

Base rate is the minimum rate at which a bank can lend. One basis
pointisonehundredthofapercentagepoint.

GKPowerCapsule
HindiVersion

RBIASSISTANTS506
VACANCIES

MegaRecruitmentDrivefor
FacultyPositionsinCareer
Power(WalkinInterviewon13
Apr2015)

3.NarendraModiannouncescompensationforfarmers
i. Coming to the rescue of farmers hit by unseasonal rains and hailstorm,
Prime Minister Narendra Modi announced higher compensation for crop
damageandeasedcriteriaforthemtoavailgovernmentsupport.
ii. Modi said criteria of 50 per cent crop damage for providing compensation
to affected farmers has been reduced to 33 per cent which will help more
farmerstogetcompensationfortheircroploss.
iii.FollowingMr.Modi'sfootstepstheReserveBankhasinstructedbanksto
restructure loans of farmers whose crops have been damaged by the recent
unseasonalrainsandhailstorms.
iv. In its first bi monthly monetary policy on 7th April 2015, the RBI said
that the adverse impact of unseasonal rains and hailstorms in March is still
unfolding.
4.SnapdealacquiresFreeCharge
i. Online marketplace Snapdeal acquired Indias fastest growing mobile
transactionplatformFreeCharge.
ii. With this acquisition, Snapdeal has become Indias largest mobile
commercefirmwith40millionusersandthelargestmobiletransactionsbase
foranycompany.
iii. Now Snapdeal can offer wide range of services and products including
financial services, mobile recharge and utility payments to its growing user
base.

OwnaCareerPowerCentrein
YourCity:CareerPower
FranchiseeProgram

SEARCHYOURTOPICHERE

Search

SEMINAR

CAREERPOWERHIRING(WALK
ININTERVIEWSON7APR2015)

SBIClerkWrittenTest
Result
SBIClerkGKPower
Capsule(English)
SBIClerkGKPower

http://www.bankersadda.com/2015/04/dailygkupdate8thapril2015.html

1/7

4/11/2015

BankersAdda:DailyGKUpdate8thApril2015
SBIClerkGKPower
Capsule(Hindi)
SBIClerkMarketing
Capsule
SBIClerkComputer
Capsule
SBI:Frequentlyasked
questions
SBIClerk:Patternand
Analysis
ApplyOnline
Notification:SBIClerk
Vacancies(5400)

SBIPO201415
VACANCIES

WrittenTestResult
SBIPOExamAnalysis
15thJune2014
GKQuestionsAskedin
SBIPO2014
SBIPOExamAnalysis
(14JuneMorningShift)
ShareyourExam
Experience
SBIGKPower
Capsule:PartII
LastMinuteTipsfor
SBIPO
CallLetterDownload
SBIPOGKPower
Capsule2014
FinancialAwareness
CapsuleforSBIPO
DescriptiveTopics
CapsuleforSBIPO
HowtoCrackSBIPO
in2Months
SyllabusandPattern
ofSBIPOExam
SBIPO:Doubts
Clarified

5. Mayilsamy Annadurai appointed as Director of ISRO Satellite Centre

(ISAC)
i. Mayilsamy Annadurai is appointed
as Director of ISRO Satellite Centre
(ISAC),Bengaluru.
ii. He took over as Director, ISAC
from Dr SK Shivakumar who
superannuatedon31March2015.
iii. As the Director of ISAC he will
oversee development of satellite
technology and implementation of
satellite systems for scientific,
technological
and
application
missions.
iv. Before the present appointment he
hadbeentheProgrammeDirectorofIndianRemoteSensingSatellites(IRS)
andSmallSatelliteSystems(SSS)attheISACsince2011.
6.GovernmentraisesstakeinstateownedIFCIto51%
i. IFCI Ltd has now become a state owned firm with the government
increasingitsstakeintheinfrastructurefinancingfirmto51.04percent.
ii.Government has acquired IFCI's 6,00,00,000 Preference shares of Rs 10
each from certain scheduled commercial banks and has consequently
increased its holding from 47.93 per cent to 51.04 per cent of the paidup
sharecapital.
7.WorldCupheartachefadesasfreshIPLseasonstarts
i.TheIndianPremierLeague(IPL),withitsheadycocktailofcricket,money
andglamour,beginsitseightheditionon8thApril2015.TheT20tournament
bringstogetherthesuperstarsofthegameinanepicfestivalofclubcricket
atitsbest.
ii. The first and final match of IPL 2015 will both be played at the Eden
Gardens.ThetitleclashwilltakeplaceonMay24.
iii. Yuvraj Singh bought by Delhi for Rs 16 crores is the most expensive
player in the tournament. His amount is 3.5 crores more than even that of
Dhoni.

SBIPONotification
2014

HOWMUCHDIDYOUSCOREIN
IBPSCLERKIV?

Lessthan120
Between121130
Between131140
Between141150
Between151160
Morethan160
Vote Showresults
Votessofar:24973
Dayslefttovote:340

HOWMUCHDIDYOUATTEMPT
INITOFFICEREXAMOFIBPSSO
2015?

Lessthan100
Between101120
Between121140
Between141160
Between161180
Morethan180
Vote Showresults
Votessofar:15077
Dayslefttovote:316

IMPORTANTPOSTSON
IBPSRESULTS

HOWMUCHDIDYOUSCOREIN
THEWRITTENEXAMOFIBPSPO
2014GENERAL?

SalaryStructureof
BankPO&Clerk

Below85

IBPSSelected
Candidates:Know
yourcolleagues
joiningthesamebank
asyou

8590
9093
9496

AllottedaBankin
IBPS.Whatnext?

97100

WaitingList(Reserve
List)forIBPSPOIII
andIBPSClerkIII

104106

IBPSPOIII:Final
ResultOut

111115

IBPSClerkIII:Final
Result
IBPSClerkII:Fourth
RoundofAllocations
IBPSPOIIFourth
RoundofAllocations

SBISOVACANCIES2014

SBISpecialistOfficer
Exam:LastMinute
Strategy

101103
107110
115120
+4 Recommend this on Google

120125
Above125

Labels:Banking,GKUpdates

Vote Showresults

Comments Community

Recommend 43

SortbyBest

Login

HOWMUCHDIDYOUSCOREIN
IBPSPO2014SC?

Jointhediscussion

DownloadAdmitCard
Notification

Votessofar:27668
Dayslefttovote:308

7075
7680

NobodyButYOU 3daysago

8185
8690

InterviewCallLetter

#QuoteTime:D
Neverunderestimatethedeterminationofakidwhoistime
richandcashpoor.

CoryDoctorow

WrittenTestResult

45

IBPSSPECIALIST
OFFICER2014

IBPSSOFinalResult
Out

Reply Share

ITOfficerSyllabus
HRSyllabus

Priyanka>NobodyButYOU 3daysago

ApplyOnline

(y)

SpecialistOfficer2014

Reply Share

NotificationOut!

QuirkY>NobodyButYOU 3daysago

_^_WRji:)

http://www.bankersadda.com/2015/04/dailygkupdate8thapril2015.html

9195
96100
Above100
Vote Showresults
Votessofar:8573
Dayslefttovote:308

HOWMUCHDIDYOUSCOREIN
IBPSPO2014ST?

5660
6165

2/7