GA & CK Que

Ministers and their Constituency
Hello Readers,
In view of the upcoming IBPS Clerk 2014, here we are providing you all "Ministers and their
Constituency". Seeing the trend of the IBPS Clerk Exam Pattern till now, 3-4 questions can be expected
in the future too. So, please practise well!!
1. Minister Narendra Modi - Varanasi

2. Rajnath Singh - Lucknow
3. Sushma Swaraj - Vidisha (Madhya Pradesh)
4. Arun Jaitley - Rajya Sabha (Gujarat)
5. M. Venkaiah Naidu - Rajya Sabha (Karnataka)
6. Nitin Jairam Gadkari - Nagpur (Maharashtra)
7. Manohar Parrikar - Panaji
8. Suresh Prabhu - Lok Sabha - Rajapur
9. D.V. Sadananda Gowda - Bangalore North (Karnataka)
10. Uma Bharati - Jhansi (Uttar Pradesh)
11. Dr. Najma A. Heptulla - Rajya Sabha (Madhya Pradesh)
12. Ramvilas Paswan - Hajipur (Bihar)
13. Kalraj Mishra - Deoria (Uttar Pradesh)
14. Maneka Sanjay Gandhi - Pilibhit (Uttar Pradesh)
15. Ananth Kumar - Bangalore (South)
16. Ashok Gajapathi Raju Pusapati - Vizianagaram (Andhra Pradesh)
17. Anant Geete - Raigad (Maharashtra)
18. Harsimrat Kaur Badal - Bathinda (Punjab)
19. Narendra Singh Tomar - Gwalior (Madhya Pradesh)

20. Jual Oram - Sundargarh (Odisha)
21. Radha Mohan Singh - Purvi Champaran (Bihar)
22. Thaawar Chand Gehlot - Rajya Sabha (Madhya Pradesh)
23. Smriti Zubin Irani - Rajya Sabha (Gujarat)
24. Dr. Harsh Vardhan - Chandni Chowk (Delhi)
Computer - Some Important Abbreviations

Hello Readers,
In view of the upcoming IBPS Clerk 2014, here we are providing you all Computer - "Some Important
Abbreviations". Seeing the trend of the IBPS Clerk Exam Pattern till now, 3-4 questions can be expected
in the future too. So, please practise well!!
Al Artificial intelligence
ALGOL Algorithmic Language
ARP Address resolution Protocol
ASCII American Standard Code for Information Interchange
BINAC - Binary Automatic Computer
BCC Blind Carbon Copy
Bin Binary
BASIC - Beginners All-purpose Symbolic Instruction Code
BIOS Basic Input Output System
Bit Binary Digit
BSNL Bharat Sanchar Nigam Limited
CC Carbon Copy
CAD Computer Aided Design
COBOL Common Business Oriented Language
CD Compact Disc
CRT Cathode Ray Tube
CDR Compact Disc Recordable
CDROM Compact Disc Read Only Memory
CDRW Compact Disc Rewritable
CDR/W Compact Disk Read/Write
DBA Data Base Administrator
DBMS Data Base Management System
DNS Domain Name System
DPI Dots Per Inch
DRAM Dynamic Random Access Memory
DVD Digital Video Disc/Digital Versatile Disc
DVDR DVD Recordable
DVDROM DVD Read Only Memory
DVDRW DVD Rewritable
DVR Digital Video Recorder
DOS Disk Operating System
EBCDIC Extended Binary Coded Decimal Interchange Code
e-Commerce Electronic Commerce
EDP Electronic Data Processing
EEPROM Electrically Erasable Programmable Read Only Memory
ELM/e-Mail Electronic Mail
ENIAC - Electronic Numerical Integrator and Computer
EOF - End Of File
EPROM - Erasable Programmable Read Only Memory
EXE - Executable
FAX - Far Away Xerox/ facsimile
FDC - Floppy Disk Controller
FDD - Floppy Disk Drive
FORTRAN - Formula Translation
FS - File System
FTP - File Transfer Protocol
Gb - Gigabit
GB - Gigabyte
GIF - Graphics Interchange Format
GSM - Global System for Mobile Communication
HDD - Hard Disk Drive
HP - Hewlett Packard
HTML - Hyper Text Markup Language
HTTP - Hyper Text Transfer Protocol
IBM - International Business Machine
IM - Instant Message
IMAP - Internet Message Access Protocol
ISP - Internet Service Provider
JPEG - Joint Photographic Experts Group
Kb - Kilobit
KB - Kilobyte
KHz - Kilohertz
Kbps - Kilobit Per Second
LCD Liquid Crystal Display
LED Light Emitting Diode
LPI Lines Per Inch
LIS Large Scale Integration
Mb Megabit
MB Megabyte
MPEG Moving Picture Experts Group
MMS Multimedia Message Service
MICR Magnetic Ink Character reader
MIPS Million Instructions Per Second
NIC Network Interface Card
NOS Network Operating System
OMR Optical Mark Reader
OOP Object Oriented Programming
OSS Open Source Software
PAN Personal Area Network
PC Personal Computer
PDA - Personal Digital Assistant
PDF Portable Document Format
POS Point Of Sale
PNG - Portable Network Graphics
PPM Pages Per Minute
PPP Point-to-Point Protocol
PROM Programmable Read Only Memory
PSTN Public Switched Telephone Network
POST Power On Self Test
PING Packet Internet Gopher
RAM Random Access Memory
RDBMS Relational Data Base Management System
RIP Routing Information Protocol
RTF Rich Text Format
SMTP Simple Mail Transfer Protocol
SQL Structured Query Language
SRAM Static Random Access Memory
SNMP Simple Network Management Protocol
SIM Subscriber Identification Module
TCP Transmission Control Protocol
TB Tera Bytes
UPS Uninterrupted Power Supply
URI Uniform Resource Identifier
URL Uniform Resource Locator
USB - Universal Serial Bus
ULSI - Ultra Large Scale Integration
UNIVAC - Universal Automatic Computer
VAR Variable
VGA Video Graphics Array
VSNL Videsh Sanchar Nigam Limited
VDU Visual Display Unit
Wi-Fi Wireless Fidelity
WLAN Wireless Local Area Network
WPA Wi-Fi Protected Access
WWW World Wide Web
WORM Write Once Read Many
XHTML eXtensible Hyper text Markup Language
XML - eXtensible Markup language
ZB Zeta Byte
Some other Important Abbreviations
OCR - Optical Character Readers
ODBC - Open Data Base Connectivity
OLE - Object Linking And Embedding
OMR - Optical Mark Reader
ONE - Open Network Architecture
OOA - Object Orient Analysis
OOAD - Object Oriented Analysis And Design
OOP - Object Oriented Programming
OOPS - Object Oriented Programming System
OPEN GL - Open Graphics Library
OS - Operating System
OSI - Open System Interconnection
PC - Personal Computer
PCI - Peripheral Component Interconnect
PCMCIA - Personal Computer Memory Card International Association
PDA - Personal Digital Assistant
PDF - Portable Document Format
PDL - Page Description Language
PDU - Protocol Data Unit
PIC - Programming Interrupt Control
PILOT - Programmed Inquiry Learning Or Teaching
PLA - Programmable Logic Array
PLC - Programmable Logic Controller
PNG - Portable Network Graphics
PNP - Plug And Play
PPP - Peer To Peer Protocol
PPTP - Point To Point Tunneling Protocol
PROM - Programmable Read Only Memory
PS - Post Script
RADSL - Rate Adaptive Digital Subscribes Line
RAID - Redundant Array Of Independent Disks
RAM - Random Access Memory
RAMDAC - Random Access Memory Digital To Analog Converter
RAS - Remote Access Network
RD RAM - Rambus Dynamic Random Access Memory
RDBMS - Relational Data Base Management System
RDO - Remote Data Objects
RDP - Remote Desktop Protocol
RFC - Request For Comments
RGB - Red Green Blue
RICS - Reduced Instruction Set Computer
RIP - Raster Image Processor
RISC - Reduced Instruction Set Computer
ROM - Read Only Memory
RPC - Remote Procedure Call
RTC - Real Time Clock
RTF - Rich Text Format
RTOS - Real Time Operating System
SACK - Selective Acknowledgements
SAM - Security Access Manager
SAP - Service Access Point, Systems ApplicationsProducts
SCMP - Software Configuration Management Plan
SD RAM - Synchronous Dynamic Random AccessMemory
SDD - Software Design Description
SDK - Software Development Kit
SDL - Storage Definition Language
SDN - Integrated Service Digital Network
SDSL - Symmetric Digital Subscribes Line
SG RAM - Synchronous Graphics Random AccessMemory
SGML - Standard Generalized Markup Language
SIM - Subscriber Identification Module
SIMD - Single Instruction Multiple Data
SISD - Single Instruction Single Data
SIU - Serial Interface Unit
SMP - Symmetric MultiProcess
SMS - Short Message Service
SMTP - Simple Mail Transfer Protocol
SNA - System Network Architecture
SNAP - Sub Network Access Protoco
lSNMP - Simple Network Management Protocol
SNOBOL - String Oriented Symbolic Language
SOAP - Simple Object Access Protocol
SPX - Sequenced Packet Exchange
SQA - Statistical Quality Assurance
SQL - Structured Query Language
SRAM - Static Random Access Memory
SRS - Software Requirements Specification
STP - Shielded Twisted Pair
SVVP - Software Verification And Validation Plan
SW - Software
TAPI - Telephony Application Program Interface
TB - Tera Bytes
TCP - Transmission Control Protocol
TCPIP - Transmission Control Protocol InternetProtocol
TDI - Transport Data Interface
TDMA - Time Division Multiple Access
TPM - Transactions Processing Monitor
TSR - Terminate And Stay Residents
UDD - User Datagram Protocol
UDP - User Datagram Protocol
UI - User Interface
UML - Unified Modelling Language
UNC - Universal Naming Convention
UNIX - Uniplexed Information And ComputerSystems
URL - Universal Resource Locator
USB - Universal Serial Bus
USRT - Universal Synchronous ReceiverTransmitted
UTP -Unshielded Twisted Pair
VAN - Virtual Area Network
VAST - Very Small Aperture Terminal
VB - Visual Basic
VC++ - Visual C++
VCD - Video Compact Disc
VDL - View Definition Language
VGA - Video Graphics Array
VHS - Video Home System
VLIW - Very Long Instruction Words
VLSI - Very Large Scale Integrated Circuits
VPN - Virtual Private Network
VRAM - Video Random Access Memory
VRML - Virtual Reality Modelling Language
VS - Visual Studio
VVR - Software Validation And Validation Report
VXD - Virtual Device Driver
W3C - World Wide Web Consortium
WAIS - Wide Area Information Servers
WAN - Wide Area Network
WAP - Wireless Application Protocol
WBEM - WebBase Enterprise Management
WDM - Wave Division Multiplexing
General Awareness Quiz

1. Pension scheme for rural and unorganised sector is known as?
(1) Atmamanthan
(2) Ajeevika
(3) Swavalamban
(4) Niyojan
(5) Jivansathi
2. The Bank that begins with U is the tagline of which Bank? -.
(1) Uco Bank
(2) United bank of India
(3) Union Bank of India
(4) United India Insurance
(5) United Trust of India
3. What does first B in BSBDA signifies?
(1) Bank
(2) Basel
(3) Basic
(4) Bond
(5) Bureau
4. Government clears disinvestment in 3 PSUs for the sum of Rs 44,000 crores, Which of the following is
one of them?
(1) MTNL
(2) BSNL
(3) NHB
(4) ONGC
(5) SAIL
5. In Pradhan Mantri Jan Dhan yojna additional insurance coverage is provided by which organization?
(1) Life Insurance Corporation
(2) General India Insurance
(3) HDFC Ergo
(4) Daichi life Insurance
(5) PNB Metlife
6. Economic Outlook Report is published by which of the following organisations?
(1) World Bank
(2) IMF
(3) World Economic Forum
(4) UNDP
(5) ADB
7. SEBI extended guide line to appoint at least one women in board of director by?
(1) 31march 2015
(2) 31march 2014
(3) 1 march 2015
(4) 1 April 2014

(5) 1 April 2016
8. What is the Currency of Saudi Arabia?
(1) Dirham
(2) Riyal
(3) Dinar
(4) Qatari
(5) Dollar
9. Which Committee formed to review the investment guidelines for national pension schemes in the
private sector ?
(1) H R Khan Committee
(2) Mahshelkar Committee
(3) G.N. Bajpai Committee
(4) Raghuram Rajan Committee
(5) Bezbaruah Committee
10. RRCAT is located in which state?
(1) Rajasthan
(2) Maharashtra
(3) Tamil Nadu
(4) Haryana
(5) Madhya Pradesh
11. J. Jayalalithaa became first incumbent chief minister to be convicted for corruption and was sentenced
for 4 years in Jail .She was the chief minister of which state?
(1) Andhra Pradesh
(2) Telengana
(3) Tamil Nadu
(4) Kerala
(5) Karnataka
12. Where is the headquarter of Bank of International Settlement located?
(1) Geneva
(2) Basel
(3) New York
(4) Washington D.C.
(5) Paris
13. What is the Capital of Turkey?
(1) Damascus
(2) Doha
(3) Suva
(4) Ankara
(5) Cairo
14. Recently Smart star account opened by which bank for the minors?
(1) Federal Bank
(2) Kotak Mahindra Bank
(3) Axis Bank
(4) ICICI bank
(5) Yes Bank
15. Who is the current Urban development and Parliamentary affairs minister?
(1) J.P.Nadda
(2) Venkaiah Naidu

(3) Birender Chowdhary
(4) Ram Vilas Paswan
(5) Jual Oram
ANSWERS
1. (3)
2. (2)
3. (3)
4. (4)
5. (3)
6. (2)
7. (1)
8. (2)
9. (3)
10. (5)
11. (3)
12. (2)
13. (4)
14. (4)
15. (2)
1.
What is the capital of Guyana?

(1) Freetown
(2) Male
(3) Tashkent
(4) Nairobi
(5) Georgetown
2. National Journalism Day is observed on which day every year?

(1) 17th November
(2) 16th December
(3) 14th January
(4) 22nd June
(5) 7th December
3. What is the full form of COMPAT ?
(1) Competition AdministrationTribunal
(2) Compact Application Tribunal
(3) Competition Appellate Tribunal
(4) Compact Administation Tribunal
(5) None of these
4. Who is the present Global Goodwill Ambassador of UNICEF?
(1) Amitabh Bacchan
(2) Farhan Akhtar
(3) Shahrukh Khan
(4) Sachin Tendulkar
(5) Salman Khan
5. Which Indian city has become the worlds second most populous city in 2014 after Tokyo,
according to a UN report released recently?
(1) Mumbai
(2) Kanpur
(3) Kolkata
(4) New Delhi
(5) Hyderabad
6. Michael Phelps is related with which sport?
(1) Cycling
(2) Swimming
(3) Football
(4) Formula 1
(5) Basket Ball
7. Which is an e-Commerce solution developed by National Payments Corporation of India (NPCI)?
(1) Ru Pay
(2) U Pay
(3) Kay Pay
(4) Kisan Credit Card
(5) Jivan Rekha Card
8. NABARD was established in which year ?

(1) 1980
(2) 1985
(3) 1984
(4) 1982
(5) 1991
9. According to the 2011 census which state has highest urban population?
(1) Karnataka
(2) Uttar Pradesh
(3) Maharashtra
(4) Andhra Pradesh
(5) Rajasthan
10. PM Narendra Modi addressed Indian-Americans at world famous Madison Square Garden
which is situated in?
(1) New York
(2) Washington D.C.
(3) Chicago
(4) North Dakota
(5) Los Angeles
11. The Vision Statement is issued by which countries?
(1) India and Japan
(2) India and Russia
(3) India and US
(4) India and Nepal
(5) India and Bangladesh
12. Which Bank signed an agreement with the Kochi Metro Rail Ltd. for a loan of Rs. 1,170 crore?
(1) Andhra Bank

(2) IDBI Bank
(3) Vijaya Bank
(4) Canara Bank
(5) State Bank of India
13. Who is the author of the Book " The shadow lines"?
(1) Neil Mukherjee
(2) Arundhati Roy
(3) Salman Rushdie
(4) Amitav Ghosh
(5) Uday Tara Nayar
14. Kudankulam Nuclear power plant is situated in which state?
(1) Kerala
(2) Tamil Nadu
(3) Karnataka
(4) Andhra Pradesh
(5) Orrisa
15. Catalonia is a part of which country?
(1) Portugal
(2) Spain
(3) Italy
(4) Vatican City
(5) Greece
ANSWERS
1. (5)
2. (1)
3. (3)
4. (4)
5. (4)
6. (2)
7. (1)
8. (4)
9. (3)
10. (1)
11. (3)
12. (4)
13. (4)
14. (2)
15. (2)
1. What is the currency of Egypt?

(1) Dollar
(2) Pound (3) Egyptian
(4) Dirham
(5) Dinar
2. What is the full form of MTSS ?

(1) Money Transfer Saving Service
(2) Money Transaction Service scheme
(3) Money Transfer Service scheme (4) Monetary Transfer Service scheme
(5) Money Transfer Serving scheme
3. Mutual funds are regulated by which of the following bodies?
(1) NPCI
(2) RBI
(3) SEBI (4) NABARD
(5) FMC
4. Who among the following belongs to Lawn tennis?
(1) Novak Djokovic (2) Cristiano Ronaldo
(3) Lionel Messi
(4) Robert Piers
(5) Didier Drogba
5. What is the full form of NAV?
(1) Nominal Asset Value
(2) Net Asset Value (3) Net Absolve Value
(4) New Asset Value
(5) None of these
6. What is the use of KYC ?
(1) Address Proof
(2) Identity Proof
(3) Anti Taxation avoidance
(4) Anti Money Laundering (5) For Direct Benefit Transfer
7. Richard Flanagan is the citizen of which country?
(1) Australia (2) Sweden
(3) Norway
(4) Spain
(5) Portugal
8. What is the capital of saudi arabia?
(1) Muscat
(2) Dubai
(3) Abu Dhabi
(4) Riyadh (5) Morocco
9. Union Minister Nitin Gadkari belongs to which constituency?
(1) Vidisha
(2) Pune
(3) Nagpur (4) South Mumbai
(5) Bangalore
10. Verge e mail provided by which company?
(1) Microsoft
(2) IBM (3) Google
(4) TCS
(5) Infosys
ANSWERS
1. (2)
2. (3)
3. (3)
4. (1)
5. (2)
6. (4)
7. (1)
8. (4)
9. (3)
10. (2)
IBPS CLERK - 6th December (Morning Shift) - GA & Computer

Questions
Hello Readers,
Here we are providing you all the General Awareness and Computer Questions which was asked in IBPS
Clerk 2014 - 6th December 2014.
In MOM first M stands for - MARS
Who is the author of the book 'Playing it my way' - Sachin Tendulkar
Where is the capital of Sweden? - Stockholm
World chess champion event of 2014 held in ? - Sochi
Where is the headquarter of UNESCO ? - Paris
KLO is active in which state ? Assam and West Bengal
What is the full form of NPA ? - Non Performing Assets
Who is the lender of last resort for banks in india ? - RBI
What is the full form of URL? - Uniform Resource Locator
What is the full form of KYC? - Know Your Customer
What is the full form of BC? -Business Correspondent
Next Commonwealth summit will be held in ? - Malta
Where was the venue of APEC summit in 2014 ? - Beijing
What is Amortization ? - The paying off of debt with a fixed repayment schedule in regular
installments over a period of time.
What is the Duration of PPF account ? - 15 years
LRSAM missile is developed by India with the help of which country ? - Israel
Which one of the following is non volatile memory ?
Which one of the following is not secondary storage ?
In ms word the footer will be displayed ? - Bottom of the page
Which state has highest rural population ? - Uttar Pradesh
Who is named as the test cricketer of the year? - Mitchell Johnson
Rauf dance is from which state ? - Jammu and Kashmir
What is the currency of italy ? - Euro
What is the limit of free ATM transaction under PMJDY ? - 4
What is the Base year for new consumer price index? - 2010
Who is the current health minister ? - J.P.Nadda
Where is the headquarter of SIDBI ? - Lucknow
Manmohan singh to be awarded by which country ? - Japan
Study of fungi is called as ? - Mycology
Which state declared 2015 as the tourism year ? - Madhya Pradesh
Some General Awareness & Computer Questions

1. Kissan credit card validity 5 years
2. G-20 Summit 2016 will be held in China
3. With the 765 days of continuous safe reactor operations - Rawatbhata Rajasthan Atomic Power
Station's
4. Cheque is defined under which act Negotiable Instruments act,1881
5. Ajay Jayaram associated with which game Badminton
6. Hindu kush is between which countries Afghanistan and Pakistan
7. Age limit for minors to operate saving account 10 years
8. Committee to Identify 'Obsolete' Laws - R. Ramanujam

9. World Pneumonia day 12th November
10. Unity Day celebrated on birth anniversary of Sardar Vallabhbhai Patel
11. KYC norms implemented under - Banking Regulation Act, 1949
12. Information and broadcasting minister Arun Jaitley
13. Capital of Cambodia Phnom Penh
14. Currency of Greece - EURO
15. Normon gorden is a veteran - South African bowler
16. Lokpal selected by whom?
17. Monetary policy regulated by RBI
18. Full form of NBFC Non Banking Finance Company
19. Full form of NPPA - National Pharmaceutical Pricing Authority
20. Full form of LTV Loan To Value
21. Full form of IPO Initial Public Offering
22. Full form of TDS - Tax Deducted at Source
23. Full form of FEMA Foreign Exchange Management Act
24. Full form of NAV Net Asset Value
25. Kissan Vikas Patra money doubles in 100 months
26. Sumitra Charat Ram Award Pandit Jasraj
27. Banking ombudsman appointed by - RBI
28. Hand in-Hand is Military exercise b/w India & China
29. Chairman of national women commission Lalitha Kumarmangalm
30. Full form of DOS Disk Operating System
31. Full form of VIRUS - Vital Information Resources Under Siege
32. Full form of LSI Large Scale integration Computer
Largest Flower in the World - Rafflesia arnoldii
Environment Minister - Prakash Javdekar
GOAFEN - 2 is the satellite of which country - China
ARSAT satellite belong to which country - ARGENTINA
Which symbol when entered in excel cell is considered to be formula - =
Java is what language - Programming
MS DOS is what - command line interface
Information travels as what through network or internet - Packets
Bold shortcut - Ctrl + B
Keys pressed when you want to bring up task manager to end a task - Ctrl + Alt +
Del
UNICEF Headquarter - New York
Mortgage are which type of property - Property Types
ICC ODI Captain of the year - Mahendra Singh Dhoni
Ritu Rani is related to which sports - Hockey
Which game held in Incheon - Asian Games
NBFC is regulated by - SEBI
One byte has how many bits - 8
Capital of Malaysia - KualaLumper
Japan currency - Yen
Indian army helped for Jammu & Kashmir known as? Megh Rahat
KIRAN is made for - Women Scientist
Sponser of RRB Banks - Public Sector Banks
UIDAA Deadline - March 2015
Which of the following is Indirect tax?
National Education day - 11th November
Certificate of commencement of business is for which type of org -
GDP full form - Gross Domestic Product
What is balance sheet?
Which is Not comes under negotiable instrument
VDU full form - Video Display Unit
DVD full form - Digital Versatile Disk
GUI full form - Graphical User Interface
EPROM full form - Erasable Programmable Read Only Memory
Headquarters of ABD metro manila,philippines
Head of ABD -
Currency of New Zealand -dollar
Capital of Fiji - suva
Constituency of Kalraj Mishra -
VDA Full Form -
NEFT Full Form
State with Highest Boundary touching -
Next Asian Games
Kisan Vikas Patra is what type of scheme
Typhoon VongFong stuck which country
Who author graduated from IITD and IIMA
Chairman of Finance Commission
Rural and Panchayati Raj Minister
Nobel Prize Economics
World Bank
Sardar Singh relates to
Securities Transactions Tax
Housing for all till which year
World Standards Day
Operation Lehar
IRNSS 1C is of which country
ISDN Full Form
WAN Full Form
Hexadecimal related
Which Indian film was selected for oscar
Largest computer are -
Input Device
Ctlr+2 in MS Excel
Linux is
GK Questions Asked in IBPS Clerk Exam 14th December 2014

(Evening Shift)
Dear readers, here we are posting some of the questions of GK and computer section which was asked
in today's IBPS Clerk Exam (Evening Shift).
Currency of Oman - Omani rial
Full Form of WWW- World wide web
Kuwait capital- Kuwait City
UNICEF HQ- New York
International Day for the Elimination of Violence against Women - 25 November
State Minister Of Skill Development & Entrepreneurship- Rajiv Pratap Rudy
Anirban Lahiri related to?- Golf
Full form of MICR- Magnetic Ink Character Reader
Full form of RTGS- Real Time Gross Settlement
SAARC summit 2014- Kathmandu, Nepal
Sansad Adarsh Gram yojna started on whose birthday- Lok Nayak Jaya Prakash
Narayan
Full form of HTTP- HyperText Markup Language
Rajnath constituency- Lucknow
Indira Gandhi Awas Yojna will provide house to how many households-
Target of accounts under JanDhan Yojna- 10 crore
Commonwealth games held in?
Target under PMJDY
Artificial intelligence related questions
Bank borrow money from RBI - Repo Rate
Oracle is
MICR
Unity day
2016 olympics venue
ASCII full form
One question related to GPS
ATS full form
One question from RFID chip
Chip commonly known as
Which of the following not a storage? Printer

(Morning Shift)
in today's IBPS Clerk Exam (Morning Shift).
(1) UNIDO headquarter

(2) In which bank LAGHU ACCOUNT can be opened?
(3) Which of the following is not in the list of top 10 richest person ?
(4) In IFFI RAJNAIKANT awarded by whom?

(5) NCR full form
(6) Sarita devi related with which Dance?
(7) ECGL full form
(8) CDS percentage
(9) Maximum amount in KVP
(10)Y Chung Related with which game?
(11)Where ISRO situated ?
(12) CHINA currency

(13) GHOOMAR Dance(14) What is EBOLA?
(15) Which of the following river is in MP?
(16) Nalanda University situated in which state?
(17) VAT full form(18) RTGS full form(19) How much amount can be deposited in saving account?
(20) Half girl friend written by?
(21) National Human Rights Day?
(22) Capital of Bangkok??
(23) Shanti Swaroop Bhatnagar award?
(24) TDS without PAN CARD
(25) Overdraft in PMJDY
(26) Rate of interest decided by what?
(27) Full form of WAN
(28) MS DOS
(29)Neft full form
(30) Who owned BALCO?
(31) Who gave award to Rajnikanth
(32) How many public sector banks?
(33) Bhaichung Bhutia related to which sport
(34) Capital of Bhutan
(35) Where was cycling event held?
(36) One question related to treasury bills

(37) Which of the following is not in the list of top 10 richest person ?

(Morning Shift)
Dear readers, here we are posting some of the questions of GK and

computer section which was asked in today's IBPS Clerk Exam
(Morning Shift).
International Non violence day ? - 2nd October
Vishwanathan Anand is related to? - Chess
What is the capital of Austria ? - Vienna
What is the budget of Mars mission of India ? - 450 Crore
Dramatic decade author? - Pranab Mukherjee
Venue of Next saarc summit? - Islamabad
Nobel prize was given to May Britt Moser and Edward Moser in which field? - Medicine
Dongfeng missile is developed by which country? - China
Insurance regulatr in india? - IRDA
What is the new name of MCX ? - Metropolitan Stock Exchange of India Ltd, abbreviated as
mSXI'
Biggest nuclear plant in the world? - Kashiwazaki-Kariwa Nuclear Power Plant
United nations day? - 24th October
Where is the venue of next Hockey world cup? - India
srilanka currency? - Sri Lankan Rupee
IRDA headquarter? - Hyderabad
Ryder Cup is related to ? - Golf
Darjeeling Makaibiri is?- A tea estate
Whats is a bit? - Smallest Unit of information
Which is not a OS-windows XP,NT,2000,2007 & suffix? - Suffix
What is output device-Printer scanner,keyboard,webcam? - Printer

(Evening Shift)
Saudi Arabia Currency-Saudi riyal
Which Day celebrated on 19 november- World Toilet Day
Full form of IFSC- Indian Financial System code
First three digit in MICR represents- City
World AIDS Day- 1 December
UNEP headquaters - Nairobi(Kenya)
Euro cup in 2016 to b held in? - France
Capital of Iraq? - Baghdad
UN goodwill ambassador for South east Asia? - Farhan Akhtar
Jandhan yojna's objective? - Financial Inclusion
Dronacharya award in which field? - Sports Coaching
Who can issue commercial paper- Corporates, primary dealers (PDs) and the All-India
Financial Institutions (FIs)
Shortcut key for UNDO - ctrl +Z
Full form of SEZ- Special Economic Zone
Who won Noble prize in Economics-Jean Tirole
Share of state government in RRB - 15%
PDA Full form- Personal Digital Assistant
What is C in MICR- Character
Shortcut key of Find in a document - Ctrl+F
Full form of GST- Goods and service Tax
What is the exchange date for pre 2005 Notes ? - 1st Jan 2015
Rupay card is developed by? - NPCI
Read more: http://www.bankersadda.com/2014/12/gk-questions-asked-in-ibps-clerk-exam_36.html#ixzz3MWSnOiHG

(Evening Shift)
Saudi Arabia Currency-Saudi riyal
Which Day celebrated on 19 november- World Toilet Day
Full form of IFSC- Indian Financial System code
First three digit in MICR represents- City
World AIDS Day- 1 December
UNEP headquaters - Nairobi(Kenya)
Euro cup in 2016 to b held in? - France
Capital of Iraq? - Baghdad
UN goodwill ambassador for South east Asia? - Farhan Akhtar
Jandhan yojna's objective? - Financial Inclusion
Dronacharya award in which field? - Sports Coaching
Who can issue commercial paper- Corporates, primary dealers (PDs) and the All-India
Shortcut key for UNDO - ctrl +Z
Full form of SEZ- Special Economic Zone
Who won Noble prize in Economics-Jean Tirole
Share of state government in RRB - 15%
PDA Full form- Personal Digital Assistant
What is C in MICR- Character
Shortcut key of Find in a document - Ctrl+F
Full form of GST- Goods and service Tax
What is the exchange date for pre 2005 Notes ? - 1st Jan 2015
Rupay card is developed by? - NPCI
GK questions asked in IBPS Clerk exam - 21st December 2014

(Morning Shift)
Dear readers, here we are posting some of the questions of GK and computer section which was asked in
today's IBPS Clerk Exam (Morning Shift).
Full form of AQB? - Average Quaterly Balance
WHo headquarters - Geneva
Capital of Australia - Canberra
Who can issue commercial paper? - Corporates, primary dealers (PDs) and the All-India
In EBT,E stands for ? - Electronic
Argentina currency - Argentine peso
sarjubala devi related to which sport? - Boxing
tapan raychaudhri who died recently was a? - Historian
lowland is written by? - Jhumpa Lahiri
Lucknow city is banked on which river ?- Gomti
Antyoday Divas is celebrated in whose memory?- Pandit Deen Dayal Upadhyaya
constituency of Sushama swraj- Vidhisha
Venue of next G20 Summit - Turkey
CBS full form - Core Banking Solution
ULIP full form - Unit-linked insurance plan
Economics nobel prize is conferred on - Jean Tirole
Revised Target of opening of accounts in PMJDY?- 10 Crore
Brazilian President? - Dilma Rouseff
BCCI life time achievement award 2014 - Dilip Vengasarkar
Digits in Ifsc code - 11
Kisan vikas patra validity - 100 months
Shanti swarup Bhatnagar Prize for Physical Sciences 2014 -Dr.Pratap Raychaudhuri
Rbi allowed minors of age ______to open account? - 10 years
Payment bank working capital - 100 Crore
Shortcut to find text in word - Ctrl + F
Name of Mars orbitor mission which celebrated it's 50th anniversary- Mariner 4 mission
GK Questions asked in IBPS Clerk IV - 21st Dec 2014(Evening

Shift)
Dear readers, here we are posting some of the questions of GK and computer section which was asked in
today's IBPS Clerk Exam (Evening Shift).
Personal accident cover in Jan Dhan Yojana - 1 lakh
Capital of Afganistan- kabul
Currency of Bhutan- Ngultrum
In FEMA,M stands for- Management
Shortcut key to undo last step in word - Ctrl + Z
Shortcut key to make characters italics - Ctrl + I
Book name authored by Yashwardhan Shukla - 'Gods of Antarctica'
Which is the largest public sector insurance company? - LIC
Full form of URL - Uniform resource locator
Full form of EMV - EuroPay, MasterCard, Visa
In MICR middle 3 digits represent ? - Bank
Ntpc tie up with which state to plant a 1000mw plant? - Andhra Pradesh
America developing which cities in to Smart cities? - Allahabad,Ajmer and Vishakhapatnam
RTGS fullform - Real Time Gross Settlement
MMID full form - Mobile Money Identifier
ISDN full form - Integrated Services Digital Network
Name of the book authored by Rajamohan Gandhi - Eight lives
person with disability day - 3rd December
Validity of Kishan vikas patra - 100 months
1 census 2011 related question
Banking Quiz
1. Who is called leader in refinance to lending institutions in rural areas?
(1) ICICI
(2) RBI
(3) NABARD
(4) SEBI
(5) SIDBI
2. Who mints the Indian Coins?

(1) RBI
(2) CBI
(3) Government of India
(4) SBI
(5) Finance Ministry
3. Which of the following is the lowest denominations of banknote in India?
(1) two rupee
(2) Five Rupee
(3) Ten Rupee
(5) One Rupee
(5) 50 Paise
4. Regional Rural Banks are not in the State of Sikkim and _____.
(1) Tamil Nadu
(2) Rajasthan
(3) Goa
(4) West Bengal
(5) Jammu & Kashmir
5. KYC stands for ____.
(1) Know Your Client
(2) Know Your Company

(3) Know Your Corporation
(4) Know Your Customer
6. Which of the following oldest Stock Exchange in India?
(1) Bombay Stock Exchange
(2) Indian Stock Exchange
(3) National Stock Exchange
(4) Bhubhneshwar Stock Exchange
(5) None of these
7. Capital Market Regulator is:
(1) RBI
(2) IRDA
(3) NSE
(4) BSE
(5) SEBI
8. IF RBI revise CRR rate by 50 basis points implies, which among the following fractions:
(1) 5%
(2) 500%
(3) 50%
(4) 0.50%
(5) None of these
9. Which of the following have the highest share in the distribution of credit to agriculture and allied
sectors?
(1) Commercial Banks
(2) Regional Rural Banks
(3) Co-operative Banks
(4) Indigenous Money Lenders
(5) None of these
10. Core Banking is not related to which one?
(1) Everywhere access
(2) Technology Up gradation
(3) Anywhere banking
(4) Adoption of Basel Norms
(5) All of these
11. Which of the following countries is the largest producer of Uranium in the world?
(1) Kazaksthan
(2) Australia
(3) Canada
(4) Russia
(5) U.S.
12. Tax in India proceeds which among these as percentage of gross tax has declined in last 5 years?
(1) Service Tax

(2) Corporate Tax
(3) Personal Income Tax
(4) Excise Tax
(5) None of these
13. Which among the given financial instruments in the most volatile foreign capital?
(1) External commercial borrowing
(2) Foreign Direct Investment
(3) Loans from International Financial Institutions
(4) Foreign Portfolio Investment
(5) None of these
14. Which among the following is the largest source of irrigation in India, apart from rains?
(1) Canals
(2) Rivers
(3) Tanks
(4) Tube wells
(5) Wells
15. The commercial banks are generally the largest source of finance for(1) Big Corporate
(2) Small Scale Industries
(3) Public Sector Companies
(4) Self Help Groups
(5) All of the above
ANSWERS
1. 3
2. 3
3. 3
4. 3
5. 4
6. 1
7. 5
8. 4
9. 1
10. 4
11. 1
12. 4
13. 4
14. 4
15. 2
1.
Extension name of flash file is ___.

1) .pdf
2) .swf
3) .pmd
4) .prd
5) None of these
2. Who invented world wide web?

1) Mosaic corporation
2) Opera corporation
3) Tim berner lee
4) Vint cert
5) None of these
3. URL stands for ____.
1) Uniform Resource Locator
2) Universal resource locator
3) Address bar
4) All 1, 2 & 3 are correct
5) None of these
4. A thing present in real world in physical form is called____.
1) DBMS
2) Entity
3) Modulation
4) Keywords
5) None of these
5. BUG is 1) To find error in any software testing
2) To find error in any software code
3) logical error of any program
4) both 1 & 2
5) None of these
6. Which of the following is not a type of key?
1) Alphabetic Keys
2) Numeric keys
3) Function keys
4) Toggle keys
5) None of these
7. If a previously saved file is edited ___?
(1) it cannot be saved again
(2) the changes will automatically be saved in the file
(3) the file will only have to be saved again if it is more than one page in length
(4) its name must be changed
(5) the file must be saved again to store the changes
8. Which of the following converts all the statements in a program in a single batch and the
resulting collection of instructions is placed in a new file?
(1) Compiler
(2) Interpreter
(3) Converter
(4) Instruction
(5) None of these
9.A program that generally has more user-friendly interface than a DBMS is called a ____?
(1) front end
(2) repository
(3) back end
(4) form
(5) None of these
10.When you install new programs on your computer, it is typically added to the ___?
(1) All programs
(2) Select programs
(3) Start programs
(4) Desktop programs
(5) None of these
11. Which of the following statements is FALSE concerning file names?
(1) Files may share the same name or the same extension but not both
(2) Every file in the same folder must have a unique name
(3) File extension is another name for file type
(4) The file extension comes before the dot (.) followed by the file name
(5) None of these
12. Which of the following is the key function of a firewall?
(1) Monitoring
(2) Deleting
(3) Record
(4) Copying
(5) Moving
13. Programming language built into user programs such as Word and Excel are known as____?
(1) 4GLs
(2) macro languages
(3) object-oriented languages
(4) visual programming languages
(5) None of these
14. In MS Word Key F12 opens ____?
(1) Save dialog box
(2) print dialog box
(3) New dialog box
(4) Save as dialog
(5) none
15. What is gutter margin?
(1) Margin that is added to the left margin when printing
(2) Margin that is added to right margin when printing
(3) Margin that is added to the binding side of page when printing
(4) Margin that is added to the outside of the page when printing
(5) None of these
ANSWERS
1. 2
2. 3
3. 1
4. 2
5. 3
6. 5
7. 5
8. 1
9. 1
10. 1
11. 4
12. 1
13. 4
14. 4
15. 3
Banking Quiz
1. Who is called leader in refinance to lending institutions in rural areas?
(1) ICICI
(2) RBI
(3) NABARD
(4) SEBI
(5) SIDBI
2. Who mints the Indian Coins?
(1) RBI
(2) CBI
(4) SBI
(5) Finance Ministry
3. Which of the following is the lowest denominations of banknote in India?
(1) two rupee
(2) Five Rupee
(3) Ten Rupee
(5) One Rupee
(5) 50 Paise
4. Regional Rural Banks are not in the State of Sikkim and _____.
(1) Tamil Nadu
(2) Rajasthan
(3) Goa
(4) West Bengal
(5) Jammu & Kashmir
5. KYC stands for ____.
(1) Know Your Client
(3) Know Your Corporation
(4) Know Your Customer
6. Which of the following oldest Stock Exchange in India?
(1) Bombay Stock Exchange
(2) Indian Stock Exchange
(3) National Stock Exchange
(4) Bhubhneshwar Stock Exchange
(5) None of these
7. Capital Market Regulator is:
(1) RBI
(2) IRDA
(3) NSE
(4) BSE
(5) SEBI
8. IF RBI revise CRR rate by 50 basis points implies, which among the following fractions:
(1) 5%
(2) 500%
(3) 50%
(4) 0.50%
(5) None of these
9. Which of the following have the highest share in the distribution of credit to agriculture and allied
sectors?
(1) Commercial Banks
(2) Regional Rural Banks
(3) Co-operative Banks
(4) Indigenous Money Lenders
(5) None of these
10. Core Banking is not related to which one?
(1) Everywhere access
(2) Technology Up gradation
(3) Anywhere banking
(4) Adoption of Basel Norms
(5) All of these
11. Which of the following countries is the largest producer of Uranium in the world?
(1) Kazaksthan
(2) Australia
(3) Canada
(4) Russia
(5) U.S.
12. Tax in India proceeds which among these as percentage of gross tax has declined in last 5 years?
(1) Service Tax
(2) Corporate Tax
(3) Personal Income Tax
(4) Excise Tax
(5) None of these
13. Which among the given financial instruments in the most volatile foreign capital?
(1) External commercial borrowing
(2) Foreign Direct Investment
(3) Loans from International Financial Institutions
(4) Foreign Portfolio Investment
(5) None of these
14. Which among the following is the largest source of irrigation in India, apart from rains?
(1) Canals
(2) Rivers
(3) Tanks
(4) Tube wells
(5) Wells
15. The commercial banks are generally the largest source of finance for(1) Big Corporate
(2) Small Scale Industries
(3) Public Sector Companies
(4) Self Help Groups
ANSWERS
1. 3
2. 3
3. 3
4. 3
5. 4
6. 1
7. 5
8. 4
9. 1
10. 4
11. 1
12. 4
13. 4
14. 4
15. 2
Banking Quiz
1. Diet is a joint session of the Parliament of which nation?
(1) Germany
(2) Japan
(3) Vietnam
(4) China
(5) Bangladesh
2. Newly elected Chairman of PFRDA (Pension Fund Regulatory and Development Authority) is?
(1) R.K. Singh
(2) Hemant Contractor
(3) KV Choudhry
(4) Ravi Verma
(5) None of these
3. Consider the following:
(A) Primary Sector
(B) Secondary Sector
(C)Tertiary Sector
Which among the following is the correct increasing order of contribution of the above three sectors in
Indias GDP?
(1) A, B, C
(2) B, A, C
(3) C, B, A
(4) B, C, A
(5) C, A, B
4. Which is not correct with respect to Goods and Service Tax in India?
(1) Exports will be zero rated
(2) Imports will be zero rated
(3) It will be on the basis of tax on value addition
(4) Tax revenues shared between the centre and the state
(5) None of these
5. National Science Day is celebrated on
(1) 24th January
(2) 28th February
(3) 26th March
(4) 22nd June
(5) None of these
6. RBI was nationalized in the year?
(1) 1917
(2) 1935
(3) 1939
(4) 1949
(5) None of these
7. World Bank was established in the year?
(1) 1917
(2) 1927
(3) 1935
(4) 1944
(5) 1954
8. Romancing with Life is the autobiography of which among the following bollywood legends?
(1) Shashi Kapoor
(2) Shammi Kapoor
(3) Dev Anand
(4) Rajesh Khanna
(5) None of these
9. Which among the following neighbors of India is not a member of World Trade Organization?
(1) Sri Lanka
(2) Myanmar
(3) Bhutan
(4) Nepal
(5) Bangladesh
10. In India, National Voters Day is celebrated on(1) December 25
(2) January 25
(3) February 25
(4) March 25
(5) June 14
11. What does IFSC stands for(1) International Financial System Code
(2) Indian Financial System Code
(3) International Financial System coding
(4) Indian Financial System course
(5) Israel Financial Services Centre
12. The year 2014 has been declared by the United Nations as the ______.
(1) International Year of Learning
(2) International Year of Water Conservation
(3) International Year of Family Farming
(4) International Year of Clean Energy
(5) International Year of Anti Violence
13. Max money that can remitted to Nepal from any of the NEFT-enabled branches in India
(1) Rs 50,000
(2) Rs 10,000
(3) Rs 20,000
(4) Rs 25,000
(5) Rs 5000
14. Reserve Bank of India has grant banking license given to which micro-finance company ?
(1) Bandhan
(2) IFDC
(3) Muthoot Finance
(4) Tata Group
(5) Birla Sun Life
1. 2
2. 2
3. 1
4. 2
5. 2
6. 4
7. 4
8. 3
9. 3
10. 2
11. 2
12. 3
13. 1
14. 1
1. What do we call the HTML codes written in a text editor to make web pages?
(1) Source code
(2) HTML tags
(3) Source elements
(4) Roots
(5) None of these
2. EEPROM permits?
(1) Read Permission only
(2) read and byte erase permission
(3) Read, byte erase and byte write operations
(4) Read, byte erase, byte write and chip erase operations
(5) None of these
3. The process of identifying specific rows and columns so that so that certain columns and rows are always visible
on the screen is called:
(1) Freezing
(2) locking
(3) Selecting
(4) fixing
(5) none
4. Where can you find the horizontal split bar on MS Word screen?
(1) On the left of horizontal scroll bar
(2) On the right of horizontal scroll bar
(3) On the top of vertical scroll bar
(4) On the bottom of vertical scroll bar
(5) None of these
5. A microprocessor is generally?
(1) Single chip SSI
(2) Single chip MSI
(3) Single Chip LSI
(4) Both 1and 2
(5) None of these
6. What is a portion of a document in which you set certain page formatting options?
(1) Page
(2) Document
(3) Section
(4) Page Setup
(5) None
7. XML stands for(1) Xtreme Markup Language
(2) Extensible Markup Language
(3) X-Markup Language
(4) Xpensive Markup Language
(5) None of these
8. Lycos is known as(1) website
(2) internet radio

(3) search engine
(4) messenger
(5) None of these
9. _____ is when the more power hungry components such as the monitor and the hard drive are put to idle.
(1) Hibernation
(2) Power down
(3) Standby mode
(4) The Shut down procedure
(5) None of these
10. A human being who writes programs, operate and maintain computer is known as(1) live ware
(2) freeware
(3) spyware
(4) shareware
(5) None of these
11. WWW uses ____ protocol.
(1) FTP
(2) HTTP
(3) SMTP
(4) Telnet
(5) None of these
12. .com is related to(1) Personal Site
(2) Art
(3) Organization
(4) Commercial Organization
(5) None of these
13. Time sharing systems require:
(1) a number of terminals connected to a system
(2) memory protection mechanism to prevent a jobs instructions
(3) job status preservation mechanism to preserve a jobs status s
(4) an alarm clock mechanism to send an interrupt
14. Computers use the ____language to process data.
(1) processing
(2) kilobyte
(3) binary
(4) representational
(5) None of these
15. By default, your document will print in __ mode
(1) landscape
(2) portrait
(3) page setup
(4) print view
(5) None of these
16. Track ball is _______.

(1) Programming devices
(2) Pointing device
(3) Output device
(4) Software device
(5) Printing device
17. What is the meaning of page break up
(1) Page of document is break into small parts.
(2) Next part of the document will be started on the new page.
(3) Page of the document is break in small 2 sentences.
(4) Page of the document is break into small paragraph
(5) None of these
18. _____ is a procedure that requires users to enter an identification code and a matching password
(1) paging
(2) logging on
(3) time sharing
(4) Multitasking
(5) None of these
19. Antivirus software is an example of.....................
(1) business software
(2) an operating system
(3) a security utility
(4) an office suite
(5) None of these
20. Computer programs are written in a high-level programming language; however, the human-readable version of
a program is called..............
(1) cache
(2) instruction set
(3) source code
(4) word size
(5) None of these
21. Which of the following refers to the memory in your computer?
(1) RAM
(2) DSL
(3) USB
(4) LAN
(5) CPU
22. Information travels between components on the motherboard through
(1) Flash memory
(2) CMOS
(3) Bays
(4) Buses
(5) Peripherals
23. UNIVAC is an example of:
(1) 1st generation computer
(2) 2nd generation computer
(3) 3rd generation computer
(4) 4th generation computer

(5) None of these
24. The __ is the Administrative section of the computer system :
(1) input unit
(2) control unit
(3) Memory unit
(4) central processing unit
(5) Arithmetic logic unit
25. A series of instructions that tells a computer what to do and how to do it is called a(1) Program
(2) command
(3) user response
(4) processor
(5) None of these
Read more: http://www.bankersadda.com/2014/12/computer-quiz_23.html#ixzz3MnNNwjCa
Current Affairs Quiz

Ques. : 1 The PM Narendra Modi launched Swachh Bharat mission on 2 Oct.
Which of the following is NOT correct with respect to the new mission?
1) The country's biggest-ever cleanliness drive is expected to cost nearly Rs 5 lakh cr.
2) The logo of the campaign is Gandhi's spectacles and the slogan Ek Kadam Swachhata Ki
Or.
3) As per a WHO estimate, a person in India loses about Rs 6,500 per annum due to illness
and poor health as he is unable to perform day-to-day duties.
4) The govt has decided to merge the 'Nirmal Bharat Abhiyan', a campaign for rural
sanitation with Swachh Bharat Mission.
5) The urban component of the Mission is proposed to be implemented over 5 years starting
from 2 Oct 2014 in all 4,041 statutory towns.
Ques. : 2 In its recently bi-monthly policy review, the RBI maintained that the GDP
growth in the current fiscal will be
1) 5 per cent
2) 5.5 per cent
3) 6 per cent
4) 6.5 per cent
5) None of these
Ques. : 3 The book titled Kutsa Pakhha [Those Who Slander] has been authored
by
1) Mamata Banerjee
2)
3)
4)
5)
J Jayalalithaa
N Chandrababu Naidu
Sasikala Natarajan
None of these
Ques. : 4 The Indian women's kabaddi team notched up its second successive gold
medal at the 17th Asian Games beating which of the following teams in the
summit clash?
1) Iran
2) Nepal
3) Pakistan
4) Indonesia
5) None of these
Ques. : 5 Which of the following pairs won the mens doubles title of the
Malaysian Open 2014?
1) Jamie Murray and John Peers
2) Leander Paes and Marcin Matkowski
3) Scott Lipsky and Rajeev Ram
4) Mahesh Bhupati and Marc Lopez
5) None of these
Ques. : 6 At least 32 people were killed and several others injured in a stampede
that broke out after the end of the Dussehra celebrations in a field filled with
huge crowds in _______recently.
1) Kolkata
2) Lucknow
3) Patna
4) Bhubaneswar
5) None of these
Ques. : 7 India won the hockey gold at the 17th Asian Games after 16 years
recently. It defeated which of the following teams?
1) South Korea
2) Malaysia
3) Pakistan
4) Japan
5) None of these
Ques. : 8 Which of the following teams won the gold medal of the Mens Kabaddi
at the 17th Asian Games recently? It is the winner of gold medal in the last six
editions since the sport made its debut in Beijing in 1990.
1) Iran
2) Nepal
3) Sri Lanka
4) India
5) None of these
Ques. : 9 The Centre has accorded in-principle approval for setting up six more
STPIs in Odisha. The STPIs are set up for which of the following purposes?
1) Sewage treatment
2) Skill training of youth
3) Schedule tribes development
4) Promote software exports
5) None of these
Ques. : 10 Jeffrey P Bezos, who visited India, recently, and also met the Prime
Minister Narendra Modi, is the current Chief Executive Officer (CEO) of which of
the following multination giants?
1) Amazon
2) ebay
3) Walmart
4) Dell
5) None of these
ANSWERS
1.The govt has decided to merge the 'Nirmal Bharat Abhiyan', a campaign for rural
sanitation with Swachh Bharat Mission.
2. 2) 5.5 per cent
3. 1) Mamata Banerjee
4. 1) Iran
5. 2) Leander Paes and Marcin Matkowski
6. 3) Patna
7. 3) Pakistan
8. 4) India
9. 4) Promote software exports
10. 1) Amazon
Tricks To Help Remember Vocabulary Words Quickly & Easily
1. Word: Pallid
Meaning
Key
Description
.
Synonyms
Ghastly, Wan, Ashen, Pal, Pale
Usage
an utterly pallid and charmless character
2. Word: Palpable
Meaning
, Touch
Key
Pulp
Description
Pulp Touch .
Synonyms
Obvious, Evident, Noticeable, Tangible, Gross
Usage
the palpable bump at the bridge of the nose
3. Word: Quixotic
Meaning
, Unrealistic And Impractical
Key
Quick So Thick ( )
Description
Quick Unrealistic .
Synonyms
Visionary, Unachievable
Usage
a vast and perhaps quixotic project.
4. Word: Quorum
Meaning
, The Minimum Number Of Members Of An Assembly That Must Be Present To Make A
Meeting Valid.
Key
Rum()
Description
Election Rum Support Rum
.
5. Word: Rankle
Meaning
, Continue To Be Painful
Key
Ankle ()
Description
Ankle
Synonyms
Embitter, Inflame, Pain, Fester, Irritate
Usage
the casual manner of his dismissal still rankles
6. Word: Rapt
Meaning
, , Completely Fascinated By What One Is Seeing Or Hearing
Key
Description

Synonyms
Abducted, Ecstasy, Ecstatic, Absorbed, Enraptured
Usage
Andrew looked at her, rapt
7. Word: Sage
Meaning
, A Profoundly Wise Man
Key
Description
.
Synonyms
Wiseacre, Solemn, Sagacious, Ramona, Wise
8. Word: Salubrious
Meaning
,
Key
Salu Brush
Description
Salu Brush .
Synonyms
Wholesome, Healthful, Salutary, Healthy
Usage
salubrious weather
9. Word: Tabooed
Meaning

Key
(Film Actress)
Description
.
Usage
Traditional societies taboo female handling of food during this period
10. Word: Taciturn
Meaning

Key
Turn
Description
Turn .
Synonyms
Silent, Reticent, ,Reserved
Computer Quiz
1. IP address contains ........... bits.
(1) 8 bits
(2)16 bits
(3) 32 bits
(4) 40 bits
(5) None of these
2. Which key is used to indent a paragraph in MS word ?

(1) Shift
(2) tab
(3) Ctrl
(4) Esc
(5) None of these
3. Which is the example of spread sheet ?
(1) MS word
(2) MS excel
(3) Power point
(4) MS Access
(5) None of these
4. Name of the executable file of MS word is(1) MS Word
(2) MS Word .exe
(3) Win Word
(4) Win Word.exe
(5) None of these
5. Which disk contains permanent magnetic disk ?
(1) CD
(2) DVD
(3) HDD
(4) BRD
(5) None of these
6._________ is the process of finding and removing errors in software code.
(1) Debugging
(2) Compiling
(3) Testing
(4) Running
(5) None of these
7. ____________ are viruses that are triggered by the passage of time or on a certain date.
(1) Boot-sector viruses
(2) Macro viruses
(3) Time bombs
(4) Worms
(5) None of these
8. Linux is a (n)______ ______ operating system.
(1) open-source
(2) Microsoft
(3) Windows
(4) Mac
(5) None of these
9. What is a backup?
(1) Restoring the information backup
(2) An exact copy of a systems information
(3) The ability to get a system up and running in the event of a system crash or failure
(4) All of these
(5) None of these
10. Which of the following places the common data elements in order from smallest to largest
(1) character, file, record, field, database
(2) character, record, field, database, file
(3) character, field, record, file, database
(4) Bit, byte, character, record, field, file, database,
(5) None of these
11. What is the file extension of Ms-Word document?
1) Dot
2) Doc
3) Dom
4) Txt
5) None of these
12. The vast network of computers that connects millions of people all over the world is called
1) LAN
2) Web
3) Hypertext
4) Internet
5) None of these
13.________ is a primary key that also appears in another file.
1) Physical key
2) Primary key
3) Foreign key
4) Logical key
5) None of these
14. The software component of an export system that draws conclusion is the
1) User interface
2) Database
3) Inference engine
4) I/O controller
5) Model Base
15.________ is an invalid type of database key.
1) Structured primary key
2) Atomic primary key
3) Primary key
4) Composite primary key
5) None of these
16. The OSI model is divided into_______ processes called layers.
(1) five
(2) six
(3) seven
(4) eight
(5) None of these
17. System software is the set of programs that enables your computers hardware devices
and______ software to work together.
(1) management
(2) processing
(3) utility
(4) application
(5) None of these
18. ________ are specially designed computer chips which reside inside other devices, such as
your car or your electronic thermostat.
(1) Servers
(2) Embedded computers
(3) Robotic computers
(4) Mainframes
(5) None of these
19. The following are all computing devices , except
(1) notebook computers
(2) cellular telephones
(3) digital scanners
(4) personal digital assistants
(5) None of these
20. In a ring topology , the computer in possession of the______ can trasmit data
(1) packet
(2) data
(3) access method
(4) token
(5) None of these
ANSWERS
1. (3)
2. (2)
3. (2)
4. (4)
5. (3)
6. (1)
7. (3)
8. (1)
9. (4)
10. (3)
11. (2)
12. (4)
13. (3)
14. (3)
15. (1)
16. (3)
17. (4)
18. (2)
19. (3)
20. (4)

1. The RBI started issuing its bi-monthly credit policy on the recommendation of..?
a) Swaraj committee
b) Raghavan committee
c) Bimal jalan committee
d) Urjit patel committee
e) K.C. Chakravarti committee
2. India's 1st Post Office Savings Bank ATM facility has been opened in which of the following places?
a) Mumbai
b) Bangalore
c) Delhi
d) Kolkata
e) Chennai
3. Which of the following Terms is not associated with banking sector ?
a) KYC
b) RTGS
c) NET
d) TRAI
e) CTS
4. The oldest stock exchange of India is _______ Stock Exchange?
a) Bombay
b)National
c)Bangalore
d) Hyderabad
e) None
5. Which institution is known as 'soft loan window' of World Bank?
a) IFC
b) IDA
c) IMF
d) IBRD
e) ICSID
6. "Rupay" has been developed by which organization?
a) Central Govt
b) Central Bank
c) National payment corporation of India
d) Indian bank association
e) Indian & foreign bank association
7. What is scheduled bank?
a) Included in the 2nd schedule of banking regulation act-1934
b) Included in the 2nd schedule of banking regulation act-1949
c) Included in the 2nd schedule of RBI act-1934
d) Included in the 2nd schedule of RBI act-1949
e) Included in the 2nd schedule of Central govt act - 1952
8. In which city canara bank has opened its 7th overseas office recently ?
a) New York
b) Tokyo
c) Dubai
d) Beijing
e) London
9. Non-Resident Ordinary Rupee Account (NRO Account) must be .........
1) Savings account only
2) Current account only
3) Recurring Deposit account only
4) Fixed Deposit account only
5) All above type of accounts can be opened in NRO account
10. Which of the following cities is the capital of Mali?
1) Kayes
2) Timbuktu
3) Bamako
4) Mopti
5) Segou
11. Which of the following is/are NOT called the types of Inflation?
(1) Cost push
(2) Real wages
(3) Demand pull
a. Only 1
b. Only 2
c.Only 3
d.Only 1 and 2
e. Only 2 and 3
12. Which of the following is not included in the core sectors of Indian economy?
1) Transport
2) Coal
3) Steel
4) Cement
5) Electricity
13. Which of the following is NOT a direct tax?
1) Income Tax
2) Sales Tax
3) Value Added Tax
4) Excise Duty
5) Education Cess
14. 'Pradhan Mantri Jan Dhan Yojana' (PMJDY) is the dream project of the central Government
provides ......
1) At least one bank account to every house hold
2) Bank account with locker facility to keep the valuables of people
3) One bank account to every house hold and ask the bank to enroll the minor names to open the account
in future
4) None of above
5) All of above
15. Vistara is the joint venture airlines of ......
1) Tata-Malaysian Airlines (SIA)
2) Tata-Singapore Airlines (SIA)
3) Tata-Australia Airlines (SIA)
4) Tata-Jet Airlines (SIA)
5) None
16. Which of the following is the name of a country?
1) Kwanza
2) Chad
3) Krone
4) Ruble
5) Rula
ANSWERS
1. d
2. e
3. d
4. a
5. b
6. c
7. c
8. a
9. 5
10. 3
11. b
12. 1
13. 2
14. 1
15. 2
16. 2
Computer Tit-Bits
Hello Readers,
Here we are providing you all some "Computer Tit-Bits", provided to us by Ramesh.
Hope you like the post!!
KonradZuse invented the Worlds first computer was named as the Z1 in 1936. It was the First
freely programmable computer.
The first computer game was Spacewar!". This game was programmed by Steve Russell and
first released in February 1962.
Jack Kilby& Robert Noyce develop the first Integrated Circuit (The Chip) in 1958
In 1954 John Backus & IBM develop first successful high level programming language FORTRAN
Computer Programming Language
ARPAnet the first Internet connectivity started in 1969.
WordStar Software is the first release of Word Processors application developed by Seymour
Rubenstein & Rob Barnaby in 1979.
Apple Lisa Computer is the first home computer with a GUI (graphical user interface) in 1983
The first web browser was invented by Sir Tim Berners-Lee in 1990. It was called WorldWideWeb
(no spaces) and was later renamed Nexus.
The first search engine created was Archie, in 1990 by Alan Emtage, a student of McGill
University in Montreal.
On Aug. 6, 1991, Tim Berners-Lee published the first internet site from CERN, the worlds largest
physics lab in Geneva, Switzerland.
The first supercomputer was the Control Data Corporation (CDC) 6600 with a single CPU. It was
released in 1964.
India's first supercomputer is PARAM 8000, which was installed in 1991.
NVIDIA's Tesla computer was launched in London in December 2008 is first personal
supercomputer.
The first banner advertising was used in 1994.
The E-mail is older than the World Wide Web.
The first domain name ever registered was Symbolics.com.
Rich Skrenta generated the first computer virus in February 1982. He is the author of Elk Cloner,
the first computer virus to be released outside of the lab.
The first version of Excel was released for the Mac in 1985 and the first Windows version was
released in November 1987.
Nobody can create a folder named Con in windows system.
TYPEWRITER is the longest word that can be made using the letters only on one row of the
keyboard
Each Excel worksheet holds 1,048,576 rows and 16, 384 columns which makes 17,179,869,184
cells per worksheet.
Up to last 100 actions can be undo in excel.
Important Facts about Indian Cricketer

1.
First Cricket tournament

- The Bombay Triangular which later became the Bombay Quadrangular
( 1912-1936
2.
First Cricket Club in India

- Oriental Cricket Club , 1848
3.
First Cricket Test Match

- Against England at Lords June, 25, 1932
4.
First ODI Match

- Against England at Leeds July 13, 1974
5.
First T20 Match

- Against South Africa 1st December, 2006
6.
First Test Captain

- CK Nayudu, 1932 tour of England
7.
First ODI Captain

- Ajit Wadekar, 1974
8.
First ODI Won

- 1975 against East Africa under captaincy of S Venkataraghavan
9.
First Test Won

- Against England in Madras, 1951 - 52
10. First Test Series Victory

- Against Pakistan, 1952
11. First Test Series Victory outside Indian Subcontinent

- Against New Zealand, 1967 - 68
12. First Indian Bowler to take wicket

- Mohammad Nissar
13. First Cricketer to score a half century

- Amar Singh
14. First Cricketer to score a century

- Lala Amarnath in 1933 against England in South Bombay
15. First Cricketer to score a double century in Test

- Polly Umrigar , 223 against New Zealand at Hyderabad in 1955- 56
16. First Cricketer to score a triple century in Test

- Virender Sehwag, 309 against Pakistan in Multan in 2004
17. First Cricketer to score a century in ODI

- Kapil Dev, 175* against Zimbabwe in the 1983 Cricket World Cup.
18. First Cricketer to score a double century in ODI

- Sachin Tendulkar , 200* against South Africa at Gwalior , 24 February
2010.
19. First Hat- Trick in Test Match

- Harbhajan Singh against Australia in March 2001
20. First Hat trick in ODI match

- Chetan Sharma against New Zealand in 1987
21. First Cricketer World Cup Championship Win

- At the 1983 Cricket World Cup
22. First Batsman to complete 10,000 runs in Test Cricket

- Sunil Gavaskar ( He was the in the world to achieve this feat.
23. First Batsman to complete 10,000 runs in ODI Cricket

- Sachin Tendulkar ( He was the in the world to achieve this feat.)
24. Bowler to take all 10 wickets in an innings

- Anil Kumble, 10/74 against Pakistan in Delhi, 1999
25. First Batsman to score 50 centuries in Test Cricket

- Sachin Tendulkar
26. First Batsman to score two centuries in the same test match
- Vijay Hazare against Autralia in Adelaid, 1947- 48
27. First Batsman to score pair of ducks in same test match

- Vijay Hazare against England in Kanpur, 1951- 52
28. First Batsman to score 1000 runs

- Vijay Hazare
29. First Indian Player to score a century in three successive Test matches
- Vijay Hazare
30. Indias first ever foreign coach

- John Wright
31. First stadium to host a Test match in India

- Gymkhana Ground in Bombay, 1933
32. 6 sixes in an over in T-20

Yuvraj Singh, against England 2007
33. Fastest Half Century in T20

Yuvraj Singh against England 2007 in 12 balls
34. Fastest Test century on Debut

- Shikar Dhavan , against Australia, 85 balls.
35. Most sixes in ODI Innings

- Rohit Sharma , 16 Sixes against Australia in Bangalore, 2013
Computer Quiz
1. When you save to _______, your data will remain intact even when the computer is turned off.
a. RAM
b. motherboard
c. secondary storage device
d. primary storage device
e. None of these
2. The motherboard is the

a. circuit board that houses peripheral devices
b. same as the CPU chip
c. the first chip that is accessed when the computer is turned on
d. circuit board that contains a CPU and other chips
e. None of these
3. A computer-intensive problem runs on a _______.
1) server
2) mainframe
3) supercomputer
4) super PC
5) None of these
4. A(n) _______ converts and executes one statement at a time.
1) compiler
2) interpreter
3) converter
4) instructions
5) None of these
5. The term _______ designates equipment that might be added to a computer system to enhance
its functionality.
1) digital device
2) system add-on
3) disk pack
4) peripheral device
5) None of these
6. Approximately how many bytes make one Megabyte?

1) One Thousand
2) Ten Thousand
3) One Hundred
4) One Million
5) None of these
7. What is MP3?
1) A mouse
2) A printer
3) A sound format
4) A scanner
5) None of these
8. All the deleted files go to
1) Recycle Bin
2) Task Bar
3) Tool Bar
4) My Computer
5) None of these
9. _______ is the act of copying or downloading a program from a network and making multiple
copies of it.
1) Network piracy
2) Plagiarism
3) Software piracy
4) Site-license piracy
5) None of these
10. A directory within a directory is called a _______.
1) Mini Directory
2) Junior Directory
3) Part Directory
4) Sub Directory
5) None of these
11. Which is the best definition of a software package?
a. An add-on for your computer such as additional memory
b. A set of computer programs used for a certain function such as word processing
c. A protection you can buy for a computer
d. The box, manual and licence agreement that accompany commercial software
e. None of these
12. In MICR, C stands for
1) Code
2) Colour
3) Computer
4) Character
5) None of these
13. Fax machines and imaging systems are examples of

1) bar-code readers
2) imaging systems
3) scanning devices
4) pen-based systems
5) None of these
14. When writing a document, you can use the _______ feature to find an appropriate word or an
alternative word if you find yourself stuck for the right word.
1) dictionary
2) word finder
3) encyclopedia
4) thesaurus
5) None of these
15. Which key is used in combination with another key to perform a specific task?
1) Function
2) Control
3) Arrow
4) Space bar
5) None of these
16. A disks content that is recorded at the time of manufacture and that cannot be changed or
erased by the user is
1) read-only
2) memory-only
3) run-only
4) write-only
5) None of these
17. In an information system, alphanumeric data normally takes the form of
a. Sentences and paragraphs
b. Numbers and alphabetical characters
c. Graphic shapes and figures
d. Human voice and other sounds
e. None of these
18. A Web sites main page is called its _______
1) home page
2) browser page
3) search place
4) bookmark
5) None of these
19. When installing _______, the user must copy and usually decompress program files from a
CD-ROM or other medium to the hard disk.
1) programming software
2) system hardware
3) applications hardware
4) applications software
5) None of these
20. A collection of interrelated files in a computer is a _______.
1) file manager
2) field
3) record
4) database
5) None of these
ANSWERS
ANSWERS
1. c
2. d
3. 3
4. 2
5. 4
6. 4
7. 3
8. 1
9. 3
10. 4
11. b
12. 4
13. 3
14. 4
15. 2
16. 1
17. b
18. 1
19. 4
20. 4
NITI Aayog - Objectives and Composition

The institution to give life to these aspirations is the NITI Aayog (National
Institution for Transforming India). This is being proposed after extensive
consultation across the spectrum of stakeholders including inter alia state
governments, domain experts and relevant institutions. The NITI Aayog will work
towards the following objectives:
To evolve a shared vision of national development priorities, sectors and

strategies with the active involvement of States in the light of national
objectives.
The vision of the NITI Aayog will then provide a framework
national agenda for the Prime Minister and the Chief Ministers to provide
impetus to.
To foster cooperative federalism through structured support initiatives and

mechanisms with the States on a continuous basis, recognizing that strong
States make a strong nation.
To develop mechanisms to formulate credible plans at the village level and

aggregate these progressively at higher levels of government.
To ensure, on areas that are specifically referred to it, that the interests of
national security are incorporated in economic strategy and policy.
To pay special attention to the sections of our society that may be at risk of
not benefitting adequately from economic progress.
To design strategic and long term policy and programme frameworks and
initiatives, and monitor their progress and their efficacy. The lessons learnt
through monitoring and feedback will be used for making innovative
improvements, including necessary mid-course corrections.
To provide advice and encourage partnerships between key stakeholders and

national and international like-minded Think Tanks, as well as educational and
policy research institutions.
To create a knowledge, innovation and entrepreneurial support system

through a collaborative community of national and international experts,
practitioners and other partners.
To offer a platform for resolution of inter-sectoral and inter-departmental

issues in order to accelerate the implementation of the development agenda.
To maintain a state-of-the-art Resource Centre, be a repository of research on

good governance and best practices in sustainable and equitable
development as well as help their dissemination to stake-holders.
To actively monitor and evaluate the implementation of programmes and

initiatives, including the identification of the needed resources so as to
strengthen the probability of success and scope of delivery.
To focus on technology upgradation and capacity building for implementation

of programmes and initiatives.
To undertake other activities as may be necessary in order to further the

execution of the national development agenda, and the objectives mentioned
above
The NITI Aayog will comprise the following:
Prime Minister of India as the Chairperson
Governing Council comprising the Chief Ministers of all the States and Lt. Governors of Union
Territories
Regional Councils will be formed to address specific issues and contingencies impacting more
than one state or a region. These will be formed for a specified tenure. The Regional Councils
will be convened by the Prime Minister and will comprise of the Chief Ministers of States and Lt.
Governors of Union Territories in the region. These will be chaired by the Chairperson of the
NITI Aayog or his nominee.
Experts, specialists and practitioners with relevant domain knowledge as special invitees
nominated by the Prime Minister
The full-time organizational framework will comprise of, in addition to the Prime Minister as the
Chairperson:
i. Vice-Chairperson: To be appointed by the Prime Minister

ii. Members: Full-time
iii. Part-time members: Maximum of 2 from leading universities research organizations and other relevant
institutions in an ex-officio capacity. Part time members will be on a rotational basis.
iv. Ex Officio members: Maximum of 4 members of the Union Council of Ministers to be nominated by the
Prime Minister.
v. Chief Executive Officer : To be appointed by the Prime Minister for a fixed tenure, in the rank of
Secretary to the Government of India.
vi. Secretariat as deemed necessary.
FDI and Insurance

To understand what FDI in insurance means, one must know what FDI actually means, what happens
when a country's sector accepts investments from another country.
Foreign direct investment (FDI) is a direct investment into production or business in a country by an
individual or company of another country, either by buying a company in the target country or by
expanding operations of an existing business in that country.
What is the state of Indias Insurance Industry?

The Indian insurance industry seems to be in a state of flux.
After a decade of strong growth, the Indian insurance industry is currently facing severe headwinds owing
to reasons like:
Slowing Growth
Rising Costs
Reforms being stalled
Worsening distribution structure
To understand this better, let us have a look into IRDAs (Insurance Regulatory and Development
Authority) report on Indian Insurance Industry landscape for the 10 year period between 2010 and 2010.
What are the ultimate benefits of increased FDI in Insurance sector?
1. Insurance products: Private as well as government insurers will benefit from the proposed hike
of FDI; these companies will offer better and wide range of insurance products to customers at
larger competitive prices.
2. Smaller Companies: FDI will help smaller insurance companies to break-even faster and help
monetize (convert into currency) the holdings of the promoters of the older life insurance
companies.
3. Capital inflow: Immediate capital inflows of $2 billion and long term inflows of about $10 billion
can be expected.
4. Aggression: The industry has been cautious in selling products which are capital intensive, it will
be able to become more aggressive.
5. Technology: Insurers will not just get capital but also technology and product expertise of the
foreign partner who is the domain expert.
6. New Players: We can expect about 100 life and non-life insurance companies to serve a market
of our size. Increasing FDI could see 25-30 new insurers entering the market.
7. State-Run Companies: People in the country have more faith on government insurance
companies and less on private ones, this hike will benefit the state-run companies more than the
private ones.
8. Penetration: With the population of more than 100 crores, India requires Insurance more than
any other nation. However, the insurance penetration in the country is only around 3 percent of
our gross domestic product. Increased FDI limit will strengthen the existing companies and will
also allow the new players to come in, thereby enabling more people to buy life cover.
9. Employment: With more money coming in, the insurance companies will be able to create more
jobs to meet their targets of venturing into under insured markets through improved infrastructure,
better operations and more manpower.
10. Level Playing Field With the increase in foreign direct investment to 49 percent, the insurance
companies will get the level playing field. So far the state owned Life Corporation of India controls
around 70 percent of the life insurance market.
11. Increased Capital Inflow Most of the private sector insurance companies have been making
considerable losses. The increased FDI limit has brought some much needed relief to these firms
as the inflow of more than 10,000 crore is expected in the near term.This could go up to 40,000
crore in the medium to long term, depending on how things pan out.
12. Favorable to the Pension Sector If the pension bill is passed in the parliament then the foreign
direct investment in the pension funds will also be raised to 49 percent. This is because the
Pension Fund Regulatory Development Bill links the FDI limit in the pension sector to the
insurance sector.
13. Consumer Friendly The end beneficiary of this amendment will be common men. With more
players in this sector, there is bound to be stringent competition leading to competitive quotes,
improved services and better claim settlement ratio.
Types of Frauds in Insurance Sector

There are many but following are Main.
Premium Diversion
Premium diversion is the embezzlement of insurance premiums.
It is the most common type of insurance fraud.
Generally, an insurance agent fails to send premiums to the underwriter and instead keeps the
money for personal use.
Another common premium diversion scheme involves selling insurance without a license,
collecting premiums and then not paying claims.
Fee Churning
In fee churning, a series of intermediaries take commissions through reinsurance agreements.
The initial premium is reduced by repeated commissions until there is no longer money to pay
claims.
The company left to pay the claims is often a business the conspirators have set up to fail.
When viewed alone, each transaction appears to be legitimateonly after the cumulative effect is
considered does fraud emerge.
Asset Diversion
Asset diversion is the theft of insurance company assets.
It occurs almost exclusively in the context of an acquisition or merger of an existing insurance

company.
Asset diversion often involves acquiring control of an insurance company with borrowed funds.
After making the purchase, the subject uses the assets of the acquired company to pay off the
debt. The remaining assets can then be diverted to the subject
Success Story - Djoko - RBI Assistant-2014

BA .......!! HA ! Just kidding ..! Heyo guys Djoko (a.k.a
Courage) here finally this cowardly dog has shown some courage ! Selected as RBI Assistant 2014 & this is my success story after so many unsuccessful years (since school time) !
Right from my school days I still remember I was always an average or rather below average guy never
topped in anything but I was attracted to these debates & event hosting things. As the level of study
started to raise the bar in school my marks decided to take a dip & maintained a cordial relation with 35
level mark. With all my hard work of not studying & careless attitude (which I still have) finally paid of in
XIIth. Failed in two subjects & my dad told me "Remember from now on Djoko, we are just two guys
living under the same roof!! Feeling disgraced to be your dad!!" I didn't feel bad about what he said
because this was not the first time I let him down in front of everyone. I failed not only in exams but also
to become an ideal son (some other past incidents) for him. He thinks in that way ke wo 4 log kya
kahenge? & what about relatives wo kya sochenge? (concerned more about what society will say)
while I never cared about those relative's opinions & thoughts !
Fortunately cleared my graduation with mere 61% but still remember that day my dad was celebrating like
that i topped the university & was calling everybody & saying bachaa engineer ho gaya ! (my son
become an engineer). For me seeing the happiness on their faces was the biggest achievement of my life
& from that day Djoko turned his approach, changed its attitude towards life, career & everything.
~ How I met BA !
Still remember that day it was May summer noon time there were few clouds in the sky, bright sun
shine, breeze was blowing & I was searching for some marketing materials & all of sudden I found
a link it was like BA Marketing Capsule. I clicked on it & from that day my life changed & I started
following BA. Earlier I used to be a Silent reader then gradually started exploring BA found gems like you
all & one and only Madam Shruti (a.k.a Muriel, Your Highness).
~ Plans, Preparations & Exams :My first exam was SBI PO & I just prepared few S.I & C.I sums, simplifications & tables thinking that it will
be not that tough & I will cop with it easily. When the paper appeared & I saw the DI section, I still
remember that i took me 50 mins to solve 3 DI questions because every time I saw 8-10 digit no on
screen it took 2-5 mins to just write that on rough sheet. Overall I attempted 63 questions in the paper &
even asked the invigilator that I don't want to sit in descriptive session (obviously he didn't allowed me to
go & said tumhare jaise bahot ate hai exam dene). After that i started practicing continuously for quant
section like 10-12 hours a day make all the possible short cut tricks for every type of question, quicker
calculations or you can say eco-friendly calculation (no paper). Everyday started giving 2 online tests,
solved all the previous papers & continue this routine for almost 2 months & then appeared for RBI
Grade-B which was like civil service exam in banking sector. I didn't cleared it by 4 marks in GA section
but that gave me the confidence that yes now i can perform well in clerk, po level exams but then again i
failed in SIDBI. After that i never looked back & cleared SBI CLERK, RBI Assistant, RRB, IBPS PO &
Postal Assistant.
~Myths :
We all have that feeling those who are from engineering background has advantage over others in Quant
section, which is not true as engineering maths is completely different from what we all studied during
school time. All the quant topics coming in bank exams were upto Xth level which is same for everyone so
those who are saying that they have some disadvantages because they have some other background in
particular field is completely ill logical.
~RBI- An epic tale !
It was 23rd of September when i gave the exam. I attempted around 162-165 questions with accuracy
97.39 % & had faith on my fellow Gujju people that the cut off would be around 145-150.
Result declared on Diwali & the best feeling was to see your Roll no in the PDF ! Guess what Gujju
people never disappoint you cut off was 150 & i scored 154 !
Finally 11th November was set as my date with few oldies ! All I hate was the written part of
recruitment process which I fortunately cleared it so was confident about interview as I think this is the
only area where I don't need any preparation! Interview went awesome it was for around 20 mins & they
found my answer pretty much funny especially the lady. One question I remember was:
Lady : You are consistently poor in your studies right from school time, any particular reason for that?
Djoko : Mam because those school guys never asked me about RBI policies ! [she just can't stop
laughing but 1 oldy didn't like it & said answer it properly]
~Interview Tips: (Personal opinion)
Be Different : I don't believe in following orthodox rules like wear light coloured shirt & black paint, act
decently & whatever. I was wearing dark blue shirt with white trousers & dotted tie !
Keep it Real : Please don't fake it, if you don't know it !
Play with utmost confidence : Even if you don't know any answer just reply them No with a smile
because that's why God has given the power of smile to Human only !
Result came on 1st January morning I was sleeping because partying since 30th night ! Actually my dad
told me that the result declared & when I saw 1580301580 in the list can't stop jumping & shouting with
joy !
Sometimes it is good to see crying faces of your parents !
I got the best gift - My dad's hug which matters a lot to me !
I always believe that & finally it came !
Thanks a lot BA & all BAers you guys helped me a lot ! Those BA Capsules, Quizzes (which i always copy
from others), motivational articles will always remember ! For me Madam Shruti (a.k.a Muriel) is always
greater than BA !
Muriel it is you who turned this Coward Courage into Competitive Courage ! This life of Djoko
owes you big time !

This is Djoko (a.k.a courage) signing off ! :)
Computer - Some Important Short Forms

Hello Readers,
Here we are presenting to you all the "Computer - Some Important Short Forms". Hope you all like the
post!!!
GOOGLE : Global Organization Of Oriented Group Language Of Earth .
YAHOO : Yet Another Hierarchical Officious Oracle .
WINDOW : Wide Interactive Network Development for Office work Solution
COMPUTER : Common Oriented Machine Particularly United and used under

Technical and Educational Research.
VIRUS : Vital Information Resources Under Siege .
UMTS : Universal Mobile Telecommunications System .
AMOLED: Active-matrix organic light-emitting diode
OLED : Organic light-emitting diode
IMEI: International Mobile Equipment Identity .
ESN: Electronic Serial Number .
UPS: uninterrupted power supply .
HDMI: High-Definition Multimedia Interface
VPN: virtual private network
APN: Access Point Name
SIM: Subscriber Identity Module
LED: Light emitting diode.
DLNA: Digital Living Network Alliance
RAM: Random access memory.
ROM: Read only memory.
VGA: Video Graphics Array
QVGA: Quarter Video Graphics Array
WVGA: Wide video graphics array.
WXGA: Wide screen Extended Graphics Array
USB: Universal serial Bus
WLAN: Wireless Local Area Network
PPI: Pixels Per Inch
LCD: Liquid Crystal Display.
HSDPA: High speed down-link packet access.
HSUPA: High-Speed Uplink Packet Access
HSPA: High Speed Packet Access
GPRS: General Packet Radio Service
EDGE: Enhanced Data Rates for Global Evolution
NFC: Near field communication
OTG: on-the-go
S-LCD: Super Liquid Crystal Display
O.S: Operating system.
SNS: Social network service
H.S: HOTSPOT
P.O.I: point of interest
GPS: Global Positioning System
DVD: Digital Video Disk / digital versatile disc
DTP: Desk top publishing.
DNSE: Digital natural sound engine .
OVI: Ohio Video Intranet
CDMA: Code Division Multiple Access
WCDMA: Wide-band Code Division Multiple Access
GSM: Global System for Mobile Communications
WI-FI: Wireless Fidelity
DIVX: Digital internet video access.
APK: authenticated public key.
J2ME: java 2 micro edition
DELL: Digital electronic link library.
ACER: Acquisition Collaboration Experimentation Reflection
RSS: Really simple syndication
TFT: thin film transistor
AMR: Adaptive Multi- Rate
MPEG: moving pictures experts group
IVRS: Interactive Voice Response System
HP: Hewlett Packard-Gauri
Computer Quiz
1. A device operating at the physical layer is called a
1) Bridge
2) Router
3) Repeater
4) All of the above
5) None of these
2. For separating channels in FDM, it is necessary to use

1) Time slots
2) Bandpass filters
3) Differentiation
4) All of the above
5) None of these
3. Encryption and decryption are functions of

1) Transport layer
2) Session layer
3) Presentation layer
4) All of the above
5) None of these
4. Which of the following computer language is a mathematically oriented

languages used for scientific problems?
1) FORTRAN
2) COBOL
3) LISP
4) PROLOG
5) APPLE
5. ________ is when the more power-hungry components, such as the monitor and
the hard drive, are put in idle.
1) Hibernation
2) Power down
3) Standby mode
4) The shutdown procedure
5) None of these
6. Hard disk drives are considered ________ storage.

1) flash
2) non-volatile
3) temporary
4) nonpermanent
5) None of these
7. The ________ key and the ________ key can be used in combination with other keys
to perform shortcuts and special tasks.
1) Control, Alt
2) Function, toggle
3) Delete, Insert
4) Caps Lock, Num Lock
5) None of these
8. The most common input devices are the ________ and the ________.
1) microphone, printer
2) scanner, monitor
3) digital camera, speakers
4) keyboard, mouse
5) None of these
9. To save an existing file with a new name or to a new location, you should use
the ________ command.
1) Save
2) Save and Replace
3) Save As
4) New File
5) None of these
10. A(n) ________ is a combination of hardware and software that facilitates the
sharing of information between computing devices.
1) network
2) peripheral
3) expansion board
4) digital device
5) None of these
11.
The term bit is short for ________
1) megabyte
2) binary language
3) binary digit
4) binary number
5) None of these
12.
Computers gather data, which means that they allow users to ________ data.
1) present
2) input
3) output
4) store
5) None of these
13. Which of the following terms is just the connection of networks that can be
joined together ?
1) virtual private network
2) internet
3) intranet
4) extranet
5) None of these
14. ________ is a form of permanent memory that holds all the instructions the
computer needs to start up and does not get erased when the power is turned off.
1) The Network Interface Card (NIC)
2) The CPU
3) RAM
4) ROM
5) None of these
15. Servers are computers that provide resources to other computers connected
to a ________
1) network
2) mainframe
3) supercomputer
4) client
5) None of these
1. 3
2. 2
3. 3
4. 1
5. 3
6. 2
7. 1
8. 4
9. 3
10. 1
11. 3
12. 2
13. 2
14. 4
15. 1
Marketing Questions For The Interview

1. What is Marketing?
Ans: Marketing is the process of determining consumer demand for a product or service , motivating its
sale and distributing it into ultimate consumption at a profit.
2. What are the differences between Selling and Marketing ?
Selling
Marketing
It is an operational activity
Marketing is a concept which involves

identification of customer needs and
promoting the product to get it sold.
Thus, selling is the part of marking
2.
It is product oriented i.e. . it deals

with sales forecast and sales
volume
It is consumer oriented i.e. It deals with

consumer taste and preferances.
3.
Selling
encashes
opportunity
It convertss customer needs into saleable

opportunity
profitable
3. What is marketing management?

Ans : It is the process of planning and executing the conception , pricing , promotion and distribution of
goods , service , and ideas to create exchanges with target groups that satisfy customer and
organizational objectives.
4. What are the key functional aspects of Marketing Management ?
Ans :
1. Analysis : This involves understanding the customer needs and identifying the target market.
2. Planning: This involves designing the marketing programmes and tactics to promote products in
targeted market.
3. Implementation: Implementing the plan.
4. Control : This involves the use of both qualitative and quantitative techniques including budgetary
control , control of marketing mix etc to evaluate the progress of implemented plan.
5. What is a product ?
Ans : Product is anything that can be offered to a market for attention , acquisition, use or consumption
(Kotler)
6. What is service ?
Ans: Kotler and Bloom defined service as any act or performance that one party can offer to another that
is essentially intangible and does not result in the ownership of anything. Its production may or may not
be tied to a physical product
7. What are the differences between product and service ?
Ans :
Product
Service
Tangible
Intangible
Homogeneo
Heterogeneous
us
It can be
kept in stock
Production and consumption

happen simultaneously.Thus, it
cant be kept in stock
Transfer of
ownership
No transfer of ownership
It is a thing
It is an activity or process
8. What are the 4 Ps of marketing OR what is marketing mix ?

Ans : 1.Price 2. Product 3. Place 4. Promotion
9. What are 4 Cs of marketing?
Ans :
1. Customer needs and wants
2. Cost to the customer
3. Convenience
4. Communication
10. What are the 7 Ps of Service Marketing ?
Ans :
1. Product (i.e. service)
2. Price
3. Promotion
4. Place
5. People ( Employees involved in delivering service to customers)
6. Physical Evidence
7. Process
11. What is Maslows Hierarchy of Needs ?
Ans :
Maslow categorized customers needs into 5 types
1. Physiological needs : food , drink , sleep
2. Safety needs : protection from threatening situation and economic security.
3. Social needs : friendship , affection and sense of belonging
4. Esteem needs : self respect , recognition , status and success
5. Self actualization : self fulfillment.
12. What is a product life cycle?
Ans :
Product life can be divided into 4 stages.
1. Introduction : Period of initial low sales and slow pick up in the market. Eg : net banking and mobile
banking.
2. Growth : Sales grow rapidly due to fast increasing market acceptance resulting in substantial
improvement in profits. Eg: RTGS and NEFT.
3. Maturity : A slowdown in sales growth rate leading to peaking of sales , due to the potential buyers
having been fully tapped.

4. Decline : Sales at this stage experience a declining rate of growth and profits erode. Eg : Demand
Draft.
13. What are the two costs which have to be considered while pricing bank products?
Ans: 1. Interest Cost 2. Service Cost
14. What are the distribution channels involved in banking services?
Ans:
1. Bank Branch
2. Telephone Banking and Call Centers
3. Automated Teller Machines
4. Virtual Branches and Automated Video Banking.
15. What is Banking Codes Standards Board of India (BCSBI).?

Banking Codes Standards Board of India (BCSBI)
The Reserve Bank of India established BCSBI in 2007 to ensure that the common consumer of financial
services from the banking industry gets what he/she has been promised. The Board operates as an
independent and autonomous body. Membership of BCSBI is voluntary and open to scheduled banks.
From 2015, performance ratings of Banks on customer services will be put in public domain by Banking
Codes Standards Board of India (BCSBI).
BCSBI is rating banks on customer services on 5 parameters:
Information dissemination
Transparency
Customer-centricity
Grievance redressal system
Customer feedback
BCSBI rated 48 banks for customer service of which only 5 scored high ratings; 25 were rated above
average; 17 average; and one below average. The ratings will be made public in 2015. However, banks
are not allowed to use these ratings to solicit business.
Code of Banks Commitment to Customers
The Code of Banks Commitment to Customers is a Code of Customer Rights, which sets minimum
standards of banking practices that member banks have to comply with when they deal with individual
customers. The Code provides protection to customers and explains the manner in which banks are
supposed to deal with customers in their day-to-day operations.
GK Questions asked in NIACL AO Exam (10-01-2015 Morning

Session)
Hello Readers, Here we are providing you General Knowledge questions asked in the NIACL AO exam held on 10th January 2015.
Defence minister - Manohar Parikar
FIBA is related to which sports? Basketball
When is "Human Rights Day" observed? 10 Dec
Ongc dealt with which company for New Zealand oil and gas search mission
- Chevron
Neft full form - National Electronic Funf Transfer
Census 2011..indias population is wht % of total population? 17.5
Ing vysa insurance new name? Exide Life insurance
JK rowling has written a book with another name,name of that writer-Robert

Galbraith
Pfrda which type of organisation ? Regulatory Body
Telengana is bordered by how many states?
Meaning of equity share.
Currency of Greece - Eoru
Capital of Germany - Berlin
Great Himalaya National Park is situated at? Kullu, Himachal Pradesh
Snooker champion: Mark Selby
Satellite launched by china in association with which country - US
Pune university named as Savitri Bai Phule University
Global partner of ICC Cricket World Cup 2015 - MRF
Lifetime chievement award to which singer recently - Asha Bhisle
Headquater of International Labour Organisation - Geneva
Which Australian opener cricketer completed 1000 runs in 2014 - David Warner
Asean summit held at? Nay Pyi Taw, Myanmar
'G' in GST stands for? Goods
Which country has highest literacy rate - Russia
Commercial paper valid for -1 year
Bank sale insurance - Bancassurance
Some Technical questions asked in Specialist Section:
Three resistance of 8 ohm in series,their total resistance - 24 ohm
If we add one more resistance in parallel arrangement,then effect on current

increase,decrease,remain same?
Carnot cycle efficiency depends on - temperature
Second law of thermodynamics defines - entropy
Work in free expansion process - zero
Two force of 3 and 4 N are acting perpendicular to each other than their resultant
force - 5N
Transformer works on - Electromagnetic Priciple
Main gases responsible for green house effect - Co2 and CO
Chlorofluorocarbon releases which gas,harmful for ozone layer - Chlorine
Seamless tube making process - extrusion
Monetary Policy of India

Monetary policy is the process by which monetary authority of a country i.e. RBI controls the supply of
money in the economy by its control over interest rates in order to maintain price stability and achieve
high economic growth. In India, the central monetary authority is the Reserve Bank of India (RBI) is so
designed as to maintain the price stability in the economy.
MEASURES OF MONETARY POLICY:

Quantitative measures to control amount of credit.
Qualitative measures to control the allocation to different sections of economy.
TOOLS OF QUANTITATIVE MEASURES :
BANK RATE: The bank rate also known as the discount rate, is the rate of interest charged by
the RBI for providing funds or loans to the Banking system in india. It also signals the mediumterm stance of monetary policy.
OPEN MARKET OPERTIONS(OMO): The buying and selling of government securities in the
open market in order to expand or contract the amount of money in the banking system.
Purchases inject money into the banking system and stimulate growth while sales of securities do
the opposite.
LIQUIDITY ADJUCTMENT FACILITY(LAF): Liquidity Adjustment Facility is the primary

instrument of Reserve Bank of India for modulating liquidity and transmitting interest rate signals
to the market. Under the scheme, repo auctions (for absorption of liquidity) and reverse repo
auctions (for injection of liquidity) are conducted on a daily basis (except Saturdays). It is sameday transactions, with interest rates decided on a cut-off basis and derived from auctions on
uniform price basis.
REPO/REVERSE REPO RATE: These rates under the Liquidity Adjustment Facility (LAF)
determine the corridor for short-term money market interest rates. In turn, this is expected to
trigger movement in other segments of the financial market and the real economy.
MARKET STABLISATION SCHEME (MSS): This instrument for monetary management was
introduced in 2004. Liquidity of a more enduring nature arising from large capital flows is
absorbed through sale of short-dated government securities and treasury bills. The mobilised
cash is held in a separate government account with the Reserve Bank.
TOOLS OF QUALITATIVE MEASURES:
CREDIT CEILING: In this operation RBI issues prior information or direction that loans to the
commercial banks will be given up to a certain limit. In this case commercial bank will be tight in
advancing loans to the public. They will allocate loans to limited sectors. Few example of ceiling
are agriculture sector advances, priority sector lending.
MORAL SUASION: Moral Suasions are suggestion and guidelines by the RBI to the commercial
banks to take so and so action and measures in so and so trend of the economy. RBI may
request commercial banks not to give loans for unproductive purpose which does not add to
economic growth but increases inflation in the economy.
CREDIT AUTHORIZATION SCHEME: Credit Authorization Scheme was introduced in November,

1965 when P C Bhattacharya was the chairman of RBI. Under this instrument of credit regulation
RBI as per the guideline authorizes the banks to advance loans to desired sectors
Banking Awareness: The Indian Financial System

The term "finance" in our simple understanding it is perceived as equivalent
to 'Money'.Finance exactly is not money, But it is the source of providing
funds for a particular activity.The word "system", in the term "financial
system", implies a set of complex and closely connected or interlined
institutions, agents, practices, markets, transactions, claims, and liabilities in
the economy. The financial system is concerned about money, credit and
finance-the three terms are intimately related yet are somewhat different
from each other.
Components/ Constituents of Indian Financial system:
FINANCIAL INSTRUMENTS
Money Market Instruments

The money market can be defined as a market for short-term money and financial assets
that are near substitutes for money.The term short-term means generally a period upto one
year and near substitutes to money is used to denote any financial asset which can be
quickly converted into money with minimum transaction cost.
Some of the important money market instruments are briefly discussed below:
1. Call /Notice-Money Market

Call/Notice money is the money borrowed or lent on demand for a very short period. When
money is borrowed or lent for a day, it is known as Call (Overnight) Money. Intervening
holidays and/or Sunday are excluded for this purpose. Thus money, borrowed on a day and
repaid on the next working day, (irrespective of the number of intervening holidays) is "Call
Money". When money
is borrowed or lent for more than a day and up to 14 days, it is "Notice Money". No
collateral security is required to cover these transactions.
2. Inter-Bank Term Money

Inter-bank market for deposits of maturity beyond 14 days is referred to as the term money
market. The entry restrictions are the same as those for Call/Notice Money except that, as
per existing regulations, the specified entities are not allowed to lend beyond 14 days.
3. Treasury Bills.
Treasury Bills are short term (up to one year) borrowing instruments of the union
government. It is an IOU of the Government. It is a promise by the Government to pay a
stated sum after expiry of the stated period from the date of issue(91/182/364 days i.e. less
than one year). They are issued at a discount to the face value, and on maturity the face
value is paid to the holder. The rate of discount and the corresponding issue price are
determined at each auction.
4. Certificate of Deposits
Certificates of Deposit (CDs) is a negotiable money market instrument and issued in
dematerialised form or as a Usance Promissory Note, for funds deposited at a bank or other
eligible financial institution for a specified time period.
5. Commercial Paper
CP is a note in evidence of the debt obligation of the issuer. On issuing commercial paper the
debt obligation is transformed into an instrument. CP is thus an unsecured promissory note
privately placed with investors at a discount rate to face value determined by market forces.
Capital Market Instruments

The capital market generally consists of the following long term period i.e., more than one
year period, financial instruments; In the equity segment Equity shares, preference shares,
convertible preference shares, non-convertible preference shares etc and in the debt
segment debentures, zero coupon bonds, deep discount bonds etc.
Hybrid Instruments
Hybrid instruments have both the features of equity and debenture. This kind of instruments
is called as hybrid instruments.Examples are convertible debentures, warrants etc.
FINANCIAL MARKETS
Financial market is a market where financial instruments are exchanged or traded and helps in
determining the prices of the assets that are traded in and is also called the price discovery process.
TYPES OF FINANCIAL MARKETS
Forex Market - The Forex market deals with the multicurrency requirements, which are met by the
exchange of currencies. Depending on the exchange rate that is applicable, the transfer of funds takes
place in this market. This is one of the most developed and integrated market across the globe
MONEY MARKET:
The money market is a market for short-term funds, which deals in financial assets whose
period of maturity is upto one year. It should be noted that money market does not deal in
cash or money as such but simply provides a market for credit instruments such as bills of
exchange, promissory notes, commercial paper, treasury bills, etc.
CAPITAL MARKET
Capital Market may be defined as a market dealing in medium and long-term funds. It is an institutional
arrangement for borrowing medium and long-term funds and which provides facilities for marketing and
trading of securities. So it constitutes all long-term borrowings from banks and financial institutions,
borrowings from foreign markets and raising of capital by issue various securities such as shares
debentures, bonds, etc.The market where securities are traded known as Securities market. It consists of
two different segments namely primary and secondary market The primary market deals with new or fresh
issue of securities and is, therefore, also known as new issue market;whereas the secondary market
provides a place for purchase and sale of existing securities and is often termed as stock market or stock
exchange.
CREDIT MARKET
Credit market is a place where banks, FIs and NBFCs purvey short, medium and long-term loans to
corporate and individuals.
Swami Vivekananda - The Reason for my Optimism

Hello Readers,
Today, on 152nd Birth Anniversary of Great Swami Vivekananda we would like to share few points about
him.
Born as Narendranath Dutta on January 12 , 1863 to Vishwanath Dutta and Bhubhaneshwari Devi in
Kolkata , He was the very naught child there. Once her mother said " Hey Lord Shiva , I prayed to you for
a son and you sent me one of your demons".
Swami Vivekananda was the person with qualities of Strong and pure
character , talent , devotion , a deep philosophical mind, and a capacity for both deep meditation and
intense compassion for his follow men. He was expert in Music , Gymnastic , Studies ,After graduation
from the Calcutta University he became master in Western philosophy and History too.
Life with Ramakrishna -
One day in November 1881, Narendra went to meet Sri Ramakrishna who was staying at the Kali Temple
in Dakshineshwar. He straightaway asked the Master a question which he had put to several others but
had received no satisfactory answer: Sir, have you seen God? Without a moments hesitation, Sri
Ramakrishna replied: Yes, I have. I see Him as clearly as I see you, only in a much intenser sense.
Apart from removing doubts from the mind of Narendra, Sri Ramakrishna won him over through his pure,
unselfish love. Thus began a guru-disciple relationship which is quite unique in the history of spiritual
masters. Narendra now became a frequent visitor to Dakshineshwar and, under the guidance of the
Master, made rapid strides on the spiritual path. At Dakshineshwar, Narendra also met several young men
who were devoted to Sri Ramakrishna, and they all became close friends.
About Karma : will write only short thing about it.
Swami ji has always believed in Karma. He said karma is everything.
I am talking to you: that is Karma.
You are listening: that is Karma.
We breathe: that is Karma.
We walk: Karma.
Everything we do, physical or mental, is Karma, and it leaves its marks on us.
Chicago Speech : - Best speech i have ever heard and always re-listen it frequetly.
The speech was given On September 11 , 1893
Sisters and Brothers of America,
It fills my heart with joy unspeakable to rise in response to the warm and cordial welcome which you have
given us. I thank you in the name of the most ancient order of monks in the world; I thank you in the name
of the mother of religions, and I thank you in the name of millions and millions of Hindu people of all
classes and sects.
My thanks, also, to some of the speakers on this platform who, referring to the delegates from the Orient,
have told you that these men from far-off nations may well claim the honor of bearing to different lands
the idea of toleration. I am proud to belong to a religion which has taught the world both tolerance and
universal acceptance. We believe not only in universal toleration, but we accept all religions as true. I am
proud to belong to a nation which has sheltered the persecuted and the refugees of all religions and all
nations of the earth. I am proud to tell you that we have gathered in our bosom the purest remnant of the
Israelites, who came to Southern India and took refuge with us in the very year in which their holy temple
was shattered to pieces by Roman tyranny. I am proud to belong to the religion which has sheltered and
is still fostering the remnant of the grand Zoroastrian nation. I will quote to you, brethren, a few lines from
a hymn which I remember to have repeated from my earliest boyhood, which is every day repeated by
millions of human beings: "As the different streams having their sources in different paths which men take
through different tendencies, various though they appear, crooked or straight, all lead to Thee."
The present convention, which is one of the most august assemblies ever held, is in itself a vindication, a
declaration to the world of the wonderful doctrine preached in the Gita: "Whosoever comes to Me,
through whatsoever form, I reach him; all men are struggling through paths which in the end lead to me."
Sectarianism, bigotry, and its horrible descendant, fanaticism, have long possessed this beautiful earth.
They have filled the earth with violence, drenched it often and often with human blood, destroyed
civilization and sent whole nations to despair. Had it not been for these horrible demons, human society
would be far more advanced than it is now. But their time is come; and I fervently hope that the bell that
tolled this morning in honor of this convention may be the death-knell of all fanaticism, of all persecutions
with the sword or with the pen, and of all uncharitable feelings between persons wending their way to the
same goal.
Some of the Best quotes :
Whatever you think, that you will be. If you think yourselves weak, weak you will be; if you think
yourselves strong, strong you will be.
We want that education by which character is formed, strength of mind is increased, the intellect
is expanded, and by which one can stand on one's own feet.
Purity, patience, and perseverance are the three essentials to success, and above all, love.
Strength, strength it is that we want so much in this life, for what we call sin and sorrow have all
one cause, and that is our weakness. With weakness comes ignorance, and with ignorance
comes misery.
It is love and love alone that I preach, and I base my teaching on the great Vedantic truth of the
sameness and omnipresence of the Soul of the Universe.
Swamiji's extraordinary life on earth came to an end on July 4, 1902. He said "It may be that I shall find it
good to get outside my body - to cast it off like a worn-out garment. But I shall not cease to work! I shall
inspire men everywhere, until the world shall know that it is one with God!
Small incident which was happened to me i would like to share here :
When I was in 7th Standard , One of my Teachers had asked to whole class , " If you could meet anyone
whether its from Past , present or Future , who will be that person ?? "
Teacher was smiling after hearing each student's answer , most one's answer was " Aishwarya rai and
Sachin Tendulkar "
When my turn came " I said ' Swami Vivekananda ' , everyone was looking me like what did he say ? my
teacher was smiling and clapping at that time.
In the end , I don't know anything about afterlife , But Hey Swami Vivekananda , wherever you are , keep
blessing me till my last breathe.
PS : All the data is collected form various books written for Swami Vivekananda ji.
Thank You.
White raven ( Gaurav )

1. Insurance regulator IRDA had earmarked which of the following dates as Insurance Day? IRDA
came into existence on this day in 2000.
1) Apr 12
2) Apr 16
3) Apr 17
4) Apr 19
5) Apr 21
2. As per the provision in the new Companies Act, Non-Banking Finance companies (NBFCs) have
to maintain what per cent of the monies in low-interest securities or SLR-backed instruments?
1) 5 per cent
2) 10 per cent
3) 15 per cent
4) 20 per cent
5) 25 per cent
3. India is the world's ninth biggest military spender in the world as of now. Which of the following
countries is the largest spender?
1) Russia
2) China
3) US
4) Japan
5) Germany
4. The issue of fresh securities by an unlisted company for the first time is called
1) Exchange Traded Fund
2) Initial Public Offering
3) Rights issue
4) Follow-on Public Offering

5) None of these
5. According to the latest National Sample Survey data, which of the following states topped in
creation of new jobs in the manufacturing sector among all states during the six years between
2004 and 2011?
1) West Bengal
2) Gujarat
3) Maharashtra
4) Madhya Pradesh
5) Tamil Nadu
6. RBI panel which released Draft Report on Pricing of Credit, was headed by who among the
following?
1) Urjit Patel
2) Kamalesh Chandra Chakrabarty
3) Subir Gokarn
4) Anand Sinha
5) Harun Rashid Khan
7. Vivek Gundotra resigned as the chief of which of the following social networking ventures,
recently, after nearly eight years of service?
1) Google+
2) Orkut
3) LinkedIn
4) My Space
5) None of these
8. Consider the following statements with respect to the recent acquisition of Nokias mobile
phone business by US Software giant Microsoft.
(A) Microsoft has completed its purchase of Nokia's mobile phone business for $7.5billion.
(B) Nokia will continue to operate Chennai plant one of its largest manufacturing facilities on a service
contract for Microsoft.
(C) Satya Nadella is the Chief Executive Officer of Microsoft
(D) Nokia, headquartered is in Espoo, Germany.
Which of the above statements is/are correct in this context?
(1) Only A & B
(2) Only A, B & C
(3) Only A, C & D
(4) All the above
(5)Only B & C
9. Certificates of Deposit (CD) can be defined as a short term borrowings in the form of
promissory notes having maturity of not less than 15 days upto maximum of one year.
[Pick up the correct statement(s) which represent the features of the Certificates of Deposit]
(A) All scheduled banks (except RRBs and Co-operative banks) are eligible to issue CDs
(B) They are issued at a discount rate freely determined by the issuer and the market/investors.
(C) It helps the highly rated company in the sense they can get cheaper funds from Certificates of Deposit
rather than borrowing from the banks.
(1) Only A
(2) Only A & B
(3) Only B & C
(4) Only A & C
(5) All A, B, & C
10. What is the expanded for of the term CAGR.
1) Compounded Annual Growth Rate
2) Calculated Annual Growth Rate
3) Corresponding Annual Growth Rate
4) Corrected Annual Growth Rate
5) Comparative Annual Growth Rate
11. With the announcement of its policy statement on 1 Apr, the Reserve Bank of India shifted to a
system of announcing its policy statement _________.
1) monthly
2) bi-monthly
3) quarterly
4) Half yearly
5) None of these
12. Bank Marketing means
(1) Selling of banks
(2) Buying of banks
(3) Merger of banks
(4) Selling bank's products and services
(5) Selling various items in banks
13. Proper pricing is needed for
(1) Extra charges for extra services
(2) Levy of VAT
(3) Good customer service
(4) Putting burden on the customer
(5) Service with extra facilities
14. A lead means
(1) A Bank's marketing staff
(2) A religious leader
(3) Bank's Chairman
(4) Target customer
(5) Leash tied to a dog
1. 4)
2. 3)
3. 3
4. 2
5. 1
6. 4
7. 1
8. 2
9. 2
10. 1
11. 2
12. 4
13. 3
14. 4

1. India and which of the following countries have called for freedom of navigation in the South
China
Sea recently?
1) China
2) Japan
3) Vietnam
4) Laos
5) Philippines
2. The Prime Minister launched 'Swavalamban Abhiyan', a new pro-poor initiative of the
Government of?
1) Maharashtra
2) Gujarat
3) Rajasthan
4) Madhya Pradesh
5) Chhattisgarh
3. Who inaugurated the Nalanda University in Bihar in September 2014?
1) Sushma Swaraj
2) Narendra Modi
3) Smriti Irani
4) Pranab Mukherjee
5) Hamid Ansari
4. The Prime Minister Narendra Modi met Benjamin Netanyahu on the sidelines of the United
Nations General Assembly in September 2014. He is the?
1) President of Israel
2) Prime Minister of Israel
3) President of Syria
4) Prime Minister of Syria

5) None of these
5. Yudh Abhyas 2014 is a combined military training exercise of India and?
1) Nepal
2) Singapore
3) Malaysia
4) USA
5) France
6. Which of the following declared 2014 as the Year of the Commando?
1) CRPF
2) NSG
3) BSF
4) ITBP
5) RAF
7. The Maulana Azad National Academy for Skills (MANAS) is being set up with its headquarters
in?
1) New Delhi
2) Mumbai
3) Hyderabad
4) Pune
5) Lucknow
8. Nadir Patel has been appointed as which country's new High Commissioner to India?
1) UK
2) New Zealand
3) Canada
4) South Africa
5) None of these
9. Who replaced Arvind Mayaram as the new Finance Secretary?
1) Shaktikanta Das
2) G.S. Sandhu
3) Arvind Ranjan
4) Rajiv Mehrishi
5) None of these
10. Which of the following general insurance companies will provide an accident insurance cover
of up to Rs. 1 lakh under the Pradhan Mantri Jan Dhan Yojana?
1) Bajaj Allianz
2) ICICI Lombard
3) IFFCO-Tokio
4) Reliance
5) HDFC Ergo
ANSWERS
1. 3
2. 2
3. 1
4. 2
5. 4
6. 2
7. 1
8. 3
9. 4
10. 5
General Awareness : Quiz

GK QUIZ
1. Microcredit or microfinance is a novel approach to banking with the poor through Self Help
Groups or SHGs.However, the Microfinance Institutions or MFI's have now replaced the SHGs
with JLGs. what does the JLG most commonly stands for?
(1) Joint Lending Groups
(2) Joint Liability Groups
(3) Joint Local Groups
(4) Joint Lenders Groups
2. Recently, which among the following cities was in news being home to
Indian Institute of Aerospace Engineering and Management, India's first
academy to generate manpower for aviation and aerospace industries?
(1) Bhopal
(2) Dehradun
(3) Banglore
(4) Cochin
3. In which among the following states of india, the National Institute of

Mountaining and Allied Sports (NIMAS) is being set up?
(1) Uttarkhand
(2) Jammu & kashmir

(3) Himachal Pradesh
(4) Arunachal Pradesh
4. Who among the following heads the National Integration Council in

India?
(1) President
(2) Vice President
(3) Prime Minister
(4) A retired Chief Justice Of Supreme Court
5. Where are the headquarters of Biodiversity International?

(1) Rome
(2) Geneva
(3) Paris
(4) Manila
6. The Controversial biography "Controversially Yours" is which among

the following cricketrs?
(1) Imran khan
(2) Shoaib Akhtar
(3) Shoaib Afridi
(4) Shoaib Malik
7. To get the Credit history of a company, Which among the following

should be approached?
(1) ECGC
(2) CIBIL
(3) SEBI
(4) RBI
8. The power of the commercial banks to expand deposits through

expanding their loans and advances is known as which among the
following?
(1) Capital Expansion
(2) Credit Expansion
(3) Credit Control
(4) Credit Creation
9. The Chenchu people in india have heen active in protection of Wildlife

in which among the following protected areas od India?
(1) Nagarjunasagar Srisailam(Andhra Pradesh)
(2) Simplipal(odisha)
(3) Indravati,Udanti-Siatndi(Chandigarh)
(4) Palamu(Jharkhand)
10. Majuli,the largest river island in the world is located in which among the
following states of Insia?
(1) Assam
(2) Manipur
(3) Meghalaya
(4) Nagaland
A Brief of SLR
Statutory Liquidity Ratio is the amount a commercial banks needs to maintain in the form of
cash, or gold, or govt. approved securities (Bonds) before providing credit to its customers.
SLR rate is determined and maintained by RBI in order to control the expansion of the bank
credit.
The maximum limit of SLR is 40%
Current SLR is 22% of NDTL
What is a Basis point ?

It is the increase in interest rates in percentage terms. For instance, if the interest rate
increases by 50 basis points (bsp), then it means that interest rate has been increase by
0.50%. One percentage point is broken down into 100 basis points. Therefore, an increase
from 2% to 3% is an increase of one percentage point or 100 basis points.
NDTL - is the sum of all the demand (current account and savings account sum in bank ) and time (fixed
deposits or recurring deposits etc. which are to be paid on maturation), these are assets for us but a
liability(debt) for the banks.
Here is an example to show the effect of CRR and SLR.
Let say our Lena Bank had 100 Rs as NDTL they can give this much amount of loan to the needy hence
Rs 100 will flow in the market(can cause inflation), so Mr. Bond (Rajan of RBI) said keep 4% (CRR) with
us and 22% as SLR in the form of govt securities and gold (which cant be given as loans) so Lena bank
is left with only 74% [100 - (22 + 4)] of the NDTL resulting in lesser money to be given as loans and
eventually resulting in a check on inflation.
The main objectives for maintaining the SLR ratio are the following:
i. to control the expansion of bank credit. By changing the level of SLR, the Reserve Bank of
India can increase or decrease bank credit expansion.
ii. to ensure the solvency of commercial banks.
iii. to compel the commercial banks to invest in government securities like government
bonds.
Main use of SLR:

SLR is used to control inflation and propel growth. Through SLR rate the money supply in the system can
be controlled effectively.
What is the difference between SLR and CRR?

What SLR does is it restricts the bank's leverage in pumping more money into the economy. On the other
hand, CRR, or cash reserve ratio, is the portion of deposits that the banks have to maintain with the RBI.
Higher the ratio, the lower is the amount that banks will be able to use for lending and investment.
The other difference is that to meet SLR, banks can use cash, gold or approved securities where as with
CRR it has to be only cash. CRR is maintained in cash form with RBI, where as SLR is maintained in
liquid form with banks themselves.
What does a reduction in SLR mean?

A cut in SLR means that the home, car and commercial loan rates will go down. Banks will have more
money with them.
With the reduction of SLR, the RBI is shrinking the market for government securities and
simultaneously enlarging availability of credit to the private sector. With that, the cost of
funds to the government will increase and the rate charged by banks to the private sector
decreases.
Banking Awareness: A summary on NEFT, RTGS & IMPS

National Electronic Fund Transfer (NEFT)
Meaning It is way in which you can transfer fund from any bank account to any other bank
account holder in India. NEFT is based on batch processing system.
Minimum amount Rs. 1
Maximum amount There is no upper ceiling for transferring money through NEFT, but
generally RTGS is used for transfer of Rs 2,00,000 or above
Time limit The transactions are processed in hourly batches. There are twelve settlements
from 8 A.M. to 7 P.M. on the weekdays (Monday Friday) and six settlements from 8 A.M. to 1
P.M. on Saturday. The maximum time consumed is 2 hours from the submitting of the transaction
in a batch.
Availability NEFT is not available on the bank holidays, RBI holiday and Sunday.
Note - For transferring funds to Nepal, the limit is of Rs. 50, 000.
Real Time Gross Settlement (RTGS)
account holder in India in real time.
Minimum amount Rs 2,00,000
Maximum amount No limit
Time limit The transactions are processed on order basis i.e. Real time. The RTGS service is
available from 8 A.M to 8 P.M. on the weekdays (Monday Friday) and from 8 A.M. to 3:30 P.M.
on Saturday. The transfer is instant but the bank is allowed to take up to 2 hours for crediting the
amount to the depositor account.
Availability RTGS is not available on the bank holidays, RBI holiday and Sunday.
Inter Mobile Payment Service (IMPS)
account holder in India anytime.
Minimum amount Rs 1
Maximum amount Banks are allowed to set their own limit for IMPS.
Time limit It is real time. The depositor account is credited in less than 1 minute from the
submission of transaction.
Availability IMPS can be done 24X7 even on bank holidays, RBI holiday and Sunday
Banking Awareness Quiz
1. Who among the following is the primary regulator of Banking business?

a) Reserve Bank of India
b) Central Government
c) State Government
d) Parliament
e) a and b both the above
2. The main business of banks is to accept deposits from the public. However, a bank can refuse
to permit opening an account on behalf of _______:
a) Undesirable persons
b) Artificial persons
c) Arrested persons
d) Convicted persons
e) All of the above
3. Banks are required to monitor transactions of suspicious nature for reporting to the authorities
under anti- money laundering measures. The purpose of reporting is:
a) Combating finance of terrorism
b) To check hawala transactions
c) To check the inflow of crime money
d) To check inflow of the money earned out of sale of narcotics
e) All the above
4. Acceptance of deposits by non - banking financial companies is regulated by RBI under:
a) Non - banking financial companies acceptance of public deposits (Revenue Bank) directions 1998
b) Non - banking financial companies acceptance of government deposits (Revenue Bank) directions,
1998
c) Non - banking financial companies acceptance of public deposits (Revenue Bank) directions, 1998
d) Non- banking financial companies acceptance of deposits money lenders (Revenue
Bank) directions, 1998
e) None of the above
5. If a company, which is not a non - banking financial company wants to collect public deposits, it
is governed by ___ Act:
a) RBI Act 1934
b) Banking companies Act
c) Companies Act 1956
d) Central Government
6. Companies whose main business is not financing or lending are permitted to accept deposits
under section 45(s) of RBI Act only from:
a) Public
b) Relatives in the from of loans
c) Friends
d) All of the above
e) None
7. Every Banking company is required to use the word Bank in its name and no company other
than a Banking company can use the words Bank, Banker or Banking as a part of its name as per:
a) Section 7 of Banking Regulation Act
b) Section 7 of RBI Act
c) Section 7 of SEBI Act
d) Section 7 of Nationalization Act
8. In India, it is necessary to have license from the RBI for opening a new branch. This is a
requirement under ____ Act
a) Section 22 of banking Regulation Act
b) Section 22 of RBI Act
c) Section 22 of NABARD
d) KYC Guidelines by RBI
e) a and b above
9. Section 6(A) of B.R. Act has given the list of ancillary services which can be rendered by a Bank
under the Banking Regulation Act. in the event that a Bank wants to undertake any other services
(other than the list):
a) the bank can seek authority from the RBI
b) Board of directors of that Bank can decide the business suitable to the bank
c) it can be decided by the Bank in the shareholders meeting
d) Bank can do so if that business is notified by the Central Government as the lawful business of a
Banking company
10. Banking Companies are prohibited under Sec 8 of banking Regulation Act to sell and purchase
securities. Yet Banks are selling securities (of the customer) which are under pledge as permitted
by:
a) Indian Contract Act
b) SARFAESI Act
c) Government Notification
d) Banking Regulation Act
e) None of these
1) a
2) a
3) e
4) a
5) c
6) b
7) a
8) a
9) d
10) d
Banking Awareness: RBI Changed Key Rates

Since July 2014, inflationary pressures (measured by changes in the consumer price index) have been
easing. The path of inflation, while below the expected trajectory, has been consistent with the
assessment of the balance of risks in the Reserve Banks bi-monthly monetary policy statements.
To some extent, lower than expected inflation has been enabled by the sharper than expected decline in
prices of vegetables and fruits since September, ebbing price pressures in respect of cereals and the
large fall in international commodity prices, particularly crude oil. Crude prices, barring geo-political
shocks, are expected to remain low over the year. Weak demand conditions have also moderated
inflation excluding food and fuel, especially in the reading for December. Finally, the government has
reiterated its commitment to adhering to its fiscal deficit target.
These developments have provided headroom for a shift in the monetary policy stance. It may be recalled
that the fifth bi-monthly monetary policy statement of December had stated that if the current inflation
momentum and changes in inflation expectations continue, and fiscal developments are encouraging, a
change in the monetary policy stance is likely early next year, including outside the policy review cycle. In
its public interactions, the RBI had committed to initiate the process of monetary easing as soon as data
indicated that medium term inflationary targets would be met. Keeping this commitment in mind, it has
been decided to:
Reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from
8.0 per cent to 7.75 per cent with immediate effect;
Keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand
and time liabilities (NDTL);
Continue to provide liquidity under overnight repos at 0.25 per cent of bank-wise NDTL at the LAF
repo rate and liquidity under 7-day and 14-day term repos of up to 0.75 per cent of NDTL of the
banking system through auctions; and continue with daily variable rate repos and reverse repos
to smooth liquidity.
Consequently, the reverse repo rate under the LAF stands adjusted to 6.75 per cent, and the
marginal standing facility (MSF) rate and the Bank Rate to 8.75 per cent with immediate effect.

1. Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any
immovable property except for its own use for a period of not more property. The RBI may extend
this period for a further period of ______:
a) 2 years
b) 4 years
c) 5 years
d) 6 years
2. Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the

allegations of serious irregularities in its functioning?
a) Bombay Stock Exchange
b) Delhi Stock Exchange
c) Calcutta Stock Exchange
d) Bangalore Stock Exchange
3. Which of the following is not a function of General Insurance?
a) Cattle Insurance
b) Crop Insurance
c) Marine Insurance
d) Fire Insurance
e) Medical Insurance
4. Liability- side of the balance-sheet comprises:
a) Capital and reserve
b) Long-term liabilities
c) Current liabilities
d) All of the above
5. Minimum cash reserves fixed by law constitute ___
a) A percentage of aggregate deposits of the bank
b) A percentage of aggregate loans and advances of the bank
c) A percentage of capital & reserves of the bank
d) All of the above
e) None of these
6. Which of the following organizations/ agencies has sought an emergency fund of Rs.1000 crore
from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro
borrowers?
a) Regional Rural & Cooperative Banks
b) RBI
c) Micro Finance Institutions
d) NABARD
7. Which of the following types of accounts are known as "Demat Accounts"?
a) Zero Balance Accounts
b) Accounts which are opened to facilitate repayment of a loan taken from the bank. No
other business can be conducted from there
c) Accounts in which shares of various companies are traded in electronic form
d) Accounts which are operated through internet banking facility
8. Mortgage is a:
a) Security on movable property for a loan
b) Security on immovable property for a loan
c) Concession on immovable property
d) Facility on immovable property
e) Security on loan sanctioned against fixed deposits
9. ___ assumed charge as the Minister of State for Micro, Small & Medium Enterprises (MSME) on
11th November 2014.
a) Gopal Singh
b) Veerabhadra Singh
c) Manoj Tiwari
d) Giriraj Singh
e) Raju Bhai Gandhi
10. Identify the well known person related to Banking field in India from the following?
a) Mrs. Meira Kumar
b) Mrs. Kiran Shaw
c) Mr. Arun Jaitley
d) Dr. D subbarao
e) All of the above
11. Currency notes deposited in the currency chest are the property of ____?
a) Respective bank
b) RBI
c) SBI
d) Government of India
e) Respective state Government
12. A fixed deposit receipt is kept with the bank for its safety, is known as ___?
a) Safe custody
b) Safe deposit
c) Locker
d) Valid safe deposit
1) c
2) b
3) e
4) d
5) a
6) d
7) c
8) b
9) d
0) d
11) b
12) a
Short Notes on CBS..!!

Hello Readers,
Here we are providing Short Notes on Core Banking Solutions - one of the hot topic asked in the
Interviews. Hope you like the post!!!
The term CORE means - Centralized Online Real-time Exchange.
What is CBS?
CBS refers to the software applications for recording transactions, storing customer information,
calculating interest and completing the process of passing entries in a single database.
What CBS does?
CBS enables accessing of complete customer account details centrally. It makes it possible for a bank
customer to access his bank account through whichever channel he prefers like internet banking, mobile
banking, ATM etc.
CBS in India
This initiative was taken by the banks on the basis of First Rangarajan Committee report on bank
computerisation submitted in the year 1984.
The committee was constituted under the chairmanship of Dr. C. Rangarajan (Then deputy governor of
RBI).
Old generation banks initially were hesitant about this but with the advent of new generation private sector
banks in India during 1994-1996, the real era of bank marketing started and these banks started to offer
any-where and any-time banking facilities to its customers.
Syndicate Bank was the first among the Public Sector Banks to implement Core Banking.
First CBS branch of Syndicate bank was Jayanagar Branch in Bangalore.

Benefits of CBS
A. Benefits for the customers
Through CBS a bank customer can avail banking facilities (transactions) 24x7.
It is time saving, convenient and efficient.
B. Benefits for the banks
This paradigm shift in banking has revolutionised the speed, efficiency and reach of the delivery
systems. It gives greater customer satisfaction which is essential for every bank in this day an
age.
Since it offers alternate channels than brick and mortar banking, it is a viable alternative to
opening new branches, therefore reduces a banks operational costs.
Alternative for extended working hours.
Reduces long queues in bank cash counters.
Banking Awareness: BIS & Basel Norms

The Bank for International Settlements (BIS) established on 17 May 1930,is the world's
oldest international financial organisation. The BIS has 60 member central banks,
representing countries from around the world that together make up about 95% of world
GDP.The head office is in Basel,Switzerland and there are two representative offices: in the
Hong Kong Special Administrative Region of the People's, Republic of China and in Mexico
City.
The mission of the BIS is to serve central banks of different of nations in their pursuit of
monetary and financial stability, to foster international cooperation in those areas and to act
as a bank for central banks.The Basel Committee is the primary global standard setter for
the prudential regulation of banks and provides a forum for cooperation on banking
supervisory matters.
NORMS ISSUED BY BIS
Basel I
In 1988,The Basel Committee on Banking Supervision (BCBS) introduced capital
measurement system called Basel capital accord,also called as Basel 1. It focused almost
entirely on credit risk. It defined capital and structure of risk weights for banks. The
minimum capital requirement was fixed at 8% of risk weighted assets (RWA). RWA means
assets with different risk profiles. For example, an asset backed by collateral would carry
lesser risks as compared to personal loans, which have no collateral. India adopted Basel 1
guidelines in 1999.The Basel I Accord, issued in 1988, has succeeded in raising the total
level of equity capital in the system.Like many regulations, it also pushed unintended
consequences because it does not differentiate risks very well, it perversely encouraged
risk seeking. It also promoted the loan securitization that led to the unwinding in the
subprime market.
Basel II
In June 1999, the Committee issued a proposal for a new capital adequacy framework to
replace the 1988 Accord. This led to the release of the Revised Capital Framework in June
2004. Generally known asBasel II, the revised framework comprised three pillars, namely
minimum capital, supervisor review and market
discipline.
Minimum capital is the technical, quantitative heart of the accord.Banks must hold capital
against 8% of their assets, after adjusting their assets for risk.Supervisor review is the
process whereby national regulators ensure their home country banks are following the
rules. If minimum capital is the rule book, the second pillar is the referee system.Market
discipline is based on enhanced disclosure of risk. This may be an important pillar due to the
complexity of Basel. Under Basel II, banks may use their own internal models (and gain
lower capital requirements) but the price of this is transparency.
Basel III
Even before Lehman Brothers collapsed in September 2008, the need for a fundamental
strengthening of the Basel II framework had become apparent.The banking sector had
entered the financial crisis with too much leverage and inadequate liquidity
buffers.Responding to these risk factors, the Basel Committee issued Principles for sound
liquidity risk management and supervision in the same month that Lehman Brothers failed.
In July 2009, the Committee issued a further package of documents to strengthen the Basel
II capital framework, notably with regard to the treatment of certain complex securitisation
positions, off balance sheet vehicles and trading book exposures. In September 2010, the
Group of Governors and Heads of Supervision announced higher global minimum capital
standards for commercial banks. This followed an agreement reached in July regarding
the overall design of the capital and liquidity reform package, now referred to asBasel III.
INDIA AND BASEL NORMS:
Presently indian banking system folllows basel II norms.
The Reserve Bank of India has extended the timeline for full implementation of the
Basel III capital regulations by a year to march 31,2019.March 31, 2019.
Around 10 public sector banks (PSBs) will get a total capital infusion of Rs 12,517
crore from the government before this financial year ends.
Government of India is scaling disinvesting their holdings in PSBs to 52 per cent.
GK Question Asked in NICL - Assistant 2014

Hello Readers.
Here we are presenting to you all the General Awareness questions asked in NICL - Assistant 2014. Hope
you like the post!!!
Author of dramatic decade - Pranab Mukerjee
NOTE printed 2005 extended up to - June 30 2015
Capital of Germany - Berlin
Indian external affairs minister - Sushma Swaraj
ING Vyasa bank merged with which Bank- Kotak Mahindra
Governenc Day celebrated on the birthday of - Atal Bihari Vajpayee
Medicine Nobel prize.. Two name given one name asked
Maitri project is in association with India and ? - France
World Consumer Rights Day - 15th March
Indian science congress held at - University of Mumbai
2018- common wealth game venue - Gold Coast
J. Gutta is associated with which game? - Badminton
Share of tata sons in vistara - 51%
Angara-A5 rocket launch by which country - Russia
2015 worlcup cricket ambasador - Sachin Tendulkar
satpura ranges lies from - Gujrat to Madhya Pradesh
Full form of NITI - National Institute for Transforming India
Monthly composite index started by which bank - SBI
Sole re-insurance company of india - GIC
Nikkei Stock Exchange is of which country - Japan
A quick glance on Balance Sheet

Definition: A balance sheet is a document which summarizes a companys assets, liabilities and
stockholders equity at a point of time. To put it in simple terms, a balance sheet is like a snap shot of
a horse race, shows the financial position of a company at a particular point of time.
Components of a balance sheet:
Assets
Liabilities
Ratios used
Assets:
1. Current Assets: These are assets that may be converted into cash, sold or consumed within a
year or less. Current Assets include cash, marketable securities, Account and notes
receivables, inventories etc.
2. Fixed Assets: Fixed assets are those tangible physical facilities owned by an enterprise, which
are permanent/durable in nature. Fixed assets are not turned over, meaning they are not
converted into cash. For example: Land and building, machinery, tools, equipments etc.
3. Intangible Assets: These assets do not exist in physical form but are notional possessions
owned by an enterprise. These assets generally dont have real money value but are
important for a company. For example: patents, goodwill, trade-mark etc.
Liabilities:
1.Current liabilities : Those obligations of a company which are payable on demand or within a
period of less than 1 year from the date of the balance sheet.
2.Term Liabilities: A term liability is a debt which matures after a period of 12 months from the
date of the balance sheet
3.Net Worth: The net worth of a company is the owners stake in the business. It is a liability of
a company towards its promoters. It is therefore an important item on the balance sheet on
which a lending banker can rely.
4.Specific Reserves and Provisions: Specific Reserves and Provisions are created for the
payment of taxes, dividends and other contingencies.
Ratios:
Ratios Showing Liquidity:
Current Ratio - Ratio of current assets to current liabilities.
Quick Ratio - It is an index of the solvency of an enterprise. Basically quick ratio is the ratio of
(Current assets-inventories) and current liabilities.
Ratio showing Financial Stability:

Debt-Equity Ratio - This ratio indicates the relative proportion of shareholders' equity and debt used
to finance a company's assets.
Ratios Showing Profitability:

a.Return on investment ratio- This ratio measures the operating efficiency of a company
without regards to financial structure.
b.Return on Equity Ratio- It is the ratio of net income of a business during a period to its
stockholders' equity during that period.
GK Question Asked in NICL - Assistant 2014

Hello Readers.
Here we are presenting to you all the General Awareness questions asked in NICL - Assistant 2014. Hope
you like the post!!!
Line b/w India & Pakistan - Radcliffe
National Education Day - 11th November
Portugese currency - Euro
Law minister - Dr. Sadananda Gowda
NITI AYOG replaces wat? Planning Commission
Author of "And then One day" - Nasserudin Shah
Age not applicable for open savings a/c - 10yrs
IRDA - statutary body
Rama setu - Palk Strait (Sri Lanka)
Maharastra Governor presented Yash Chopra award to whom - Amitabh Bachchan
Sansad adharsh scheme
Valdmir Putin visited - India
Deen Daya1 Upadhyay Gram Jyoti Yojana
Grammy Awards related to - Music
LIC Health insurance
Chemistryy nobel prize - Willian Moerner, Erik Betzig & Stephen W. Hell
NATO full form - North Atlantic Treaty Organization
WTO headquarter - Geneva, Switzerland
Small and payment bank paid up capital - 100 Crore
National education day whose birth day - Maulana Abdul Kalam Azad
Central bank of China named as Peoples Bank of China
In CAR, A stands for - Adequacy
To prevent money laundering - AML
GK Questions asked in NIACL - Assistant Exam 18th January

2015 (Evening Shift)
Some of the GK Questions asked in NIACL Associate exam on 18th January 2015 (Evening Shift)
Venue of 19th national youth festival - Guwahati, assam
Indian Navy day is observed on - 4th december
Chile capital is - Santiago
First Vistara airlines started from - DELHI to Mumbai
Highest Carbon di Oxide emiision country in world - China
PAHAL scheme is related to - DBT of LPG
What is the currency of Spain - EURO
One life is not enough book is authored by - Natwar Singh
Ways and means of railways committee head - DK Mittal
Vice chairman of niti ayog - Arvind Pangariya
Canada's central bank name - Bank of canada
Health insurance minimum capital - 100 crore
Payment bank minimum paid up capital - One Lakh
In CP , C stands for - Commercial
Anirban lahiri is related to which sport - Golf
Anand defeated whom to win London classics - Michael Adams
Where is Dr. Samir ali bird sanctuary ? - GOA
BIS head quarter is situated at - Basel, Switzerland
Union minister for steel,Labour and mines - Narendra Singh Tomar
Who is not a regulator - IBA (among the options)
Market regulator of index futures - SEBI
UNEP headquarters - Nairobi, Kenya
Largest company in terms of revenue - IOCL
John o' keefe won Nobel for - Medicine
Climate change summit held at - Lima, peru
UIIC's largest shareholder - Central government
Financial Inclusion and Business Correspondents

With the objective of ensuring greater financial inclusion and increasing the outreach of the banking
sector, RBI decided in public interest to enable banks to use the services of NGOs / SHGs and Micro
Finance Institutions (MFIs) as intermediaries in providing financial and banking services through the use
of Business Facilitator and Correspondent.
Business Correspondent
Under the 'Business Correspondent' Model, NGOs/ MFIs set up under Societies/ Trust Acts, Societies
registered under Mutually Aided Cooperative Societies Acts or the Cooperative Societies Acts of States,
In engaging such intermediaries as Business Correspondents, banks should ensure that they are well
established, enjoying good reputation and having the confidence of the local people. Banks may give
wide publicity in the locality about the intermediary engaged by them as Business Correspondent and
take measures to avoid being misrepresented.
Roles of a Business Correspondent
Business correspondents are bank representatives.
They help villagers to open bank accounts.
They help villagers in banking transactions. (deposit money, take money out of savings account,
loans etc.)
The Business Correspondent carries a mobile device.
The villager gives his thumb impression or electronic signature, and get the money.
Business Correspondents get commission from bank for every new account opened, every
transection made via them, every loan-application processed etc.
The arrangements with the Business Correspondents shall specify:
Suitable limits on cash holding by intermediaries as also limits on individual customer payments
and receipts.
The requirement that the transactions are accounted for and reflected in the bank's books by end
of day or next working day.
All agreements/ contracts with the customer shall clearly specify that the bank is responsible to
the customer for acts of omission and commission of the Business Facilitator/ Correspondent.
Redressal of Grievances in regard to services rendered by Business Facilitators/ Correspondents
Banks should constitute Grievance Redressal Machinery within the bank for redressing
complaints about services rendered by Business Correspondents and Facilitators and give wide
publicity about it through electronic and print media.
The name and contact number of designated Grievance Redressal Officer of the bank should be
made known and widely publicized. The designated officer should ensure that genuine
grievances of customers are redressed promptly.
The grievance redressal procedure of the bank and the time frame fixed for responding to the
complaints should be placed on the bank's website.
If a complainant does not get satisfactory response from the bank within 60 days from the date of
his lodging the compliant, he will have the option to approach the Office of the Banking
Ombudsman concerned for redressal of his grievance/s.
Inflation : An Overview
Inflation is a sustained increase in the general price level of goods and services in an
economy over a period of time. When the general price level rises, each unit of money buys
fewer goods and services.Inflation reflects a reduction in the purchasing power per unit of
money.
Inflation occurs due to an imbalance between demand and supply of money, changes in
production and distribution cost or increase in taxes on products. When economy
experiences inflation, i.e. when the price level of goods and services rises, the value of
currency reduces. This means now each unit of currency buys fewer goods and services.
It has its worst impact on consumers. High prices of day-to-day goods make it difficult for
consumers to afford even the basic commodities in life. This leaves them with no choice but
to ask for higher incomes. Hence the government tries to keep inflation under control.
Contrary to its negative effects, a moderate level of inflation characterizes a good
economy. An inflation rate of 2 or 3% is beneficial for an economy as it encourages people to
buy more and borrow more, because during times of lower inflation, the level of interest rate
also remains low. Hence the government as well as the central bank always strive to achieve
a limited level of inflation.
Many developing countries use changes in the Consumer Price Index (CPI) as their central
measure of inflation. India used WPI as the measure for inflation but now on basis of Urjit
Patel recommendations, new CPI(combined) is declared as the new standard for measuring
inflation ( April 2014).
There are several variations in inflation:

Deflation : When the general level of prices is falling. This is the opposite of
inflation.
Hyperinflation : Unusually rapid inflation. In extreme cases, this can lead to the
breakdown of a nation's monetary system. One of the most notable examples of
hyperinflation occurred in Germany in 1923, when prices rose 2,500% in
one month.
Stagflation : It is the combination of high unemployment and economic stagnation
with inflation. This happened in industrialized countries during the 1970s, when a
bad economy was combined with OPEC raising oil prices.In recent years, most
developed countries have attempted to sustain an inflation rate of 2-3%.
Recession : A period of general economic decline; typically defined as a decline in GDP for
two or more consecutive quarters.A recession is typically accompanied by a drop in the
stock market, an increase in unemployment, and a decline in the housing market. A
recession is generally considered less severe than a depression, and if a recession
continues long enough it is often then classified as a depression.
Depression : A depression is a severe economic catastrophe in which real gross domestic
product (GDP) falls by at least 10%. A depression is much more severe than a recession and
the effects of a depression can last for years. It is known to cause calamities in banking,
trade and manufacturing, as well as falling prices, very tight credit, low investment, rising
bankruptcies and high unemployment.
Causes of inflation
Inflation is the result of two sets of factors :
Cost-Push Inflation
Cost-push inflation basically means that prices have been "pushed up" or increased by
increases in costs of any of the four factors of production (labor, capital, land or
entrepreneurship).
(Aggregate supply is the total volume of goods and services produced by an economy at a
given price level.)When there is a decrease in the aggregate supply of goods and services
due to an increase in the cost of production, we have cost-push inflation. As a result, the
increased costs are passed on to consumers, causing a rise in the general price level
(inflation).
Demand Pull inflation

A situation where the demand for goods and services rises faster than the supply of goods
and services. This excess demand increases the prices of the goods and services hence
creating inflation.Can be simply said as Too much money chasing too few goods .Some
factors that cause this demand pull inflations are excessive foreign investment,expansionary
fiscal policy e.g increase in government expenditure), expansionary monetary policy( eg.
Increase in money supply),easy access to credit , deficit financing and others.
Some of the most important measures that must be followed to control inflation are:
1. Fiscal Policy: Reducing Fiscal Deficit
2. Monetary Policy: Tightening Credit
3. Supply Management through Imports
4. Incomes Policy: Freezing Wages.
1. Fiscal Policy: Reducing Fiscal Deficit:

Fiscal policy means how a Government raises its revenue and spends it. If the total revenue
raised by the Government through taxation, fees, surpluses from public undertakings is less
than the expenditure it incurs on buying goods and services to meet its requirements of
defence, civil administration and various welfare and developmental activities, there
emerges a fiscal deficit in its budget.To check inflation the Government should try to reduce
fiscal deficit. It can reduce fiscal deficit by curtailing its wasteful and inessential expenditure.
In India, it is often argued that there is a large scope for scaling down non-plan expenditure
on defence, police and General Administration and on subsidies being provided on food,
fertilizers and exports.
2. Monetary Policy: Tightening Credit:

Monetary policy refers to the adoption of suitable policy regarding interest rate and the
availability of credit. Monetary policy is another important measure for reducing aggregate
demand to control inflation. It affects the cost of credit through interest rate.The higher the
rate of interest, the greater the cost of borrowing from the banks.Other tools of monetary
policy like SLR, CRR, Repo rate ,Reverse Repo rate, open market opertions are use to control
inflation in the economy by draining the liquidity from the market.
3. Supply Management through Imports:

To check the rise in prices of food-grains, edible oils, sugar etc., the Government has often
taken steps to increase imports of goods in short supply to enlarge their available
supplies.When inflation is of the type of supply-side inflation, imports are increased.To
increase imports of goods in short supply the Government reduces customs duties on them
so that their imports become cheaper and help incontaining inflation.
4. Incomes Policy: Freezing Wages:

Another anti-inflationary measure is the avoidance of wage increases.When cost of living
rises due to the initial rise in prices, workers demand higher wages to compensate for the
rise in cost of living.By freezing wages of the employee can helpful in controlling inflation.
Reaction of market on repo cut

The Reserve Bank of India (or RBI), Indias central bank, surprised the financial world by
unexpectedly reducing its key interest rate.The RBI reduced the repo rate by 25 basis points
(or bps)to 7.75% on January 15, 2015. One basis point is 1/100 of 1%, so 1% equals 100 bps.
The repo rate is the rate at which the RBI lends money to Indian commercial banks. Changes
in the rate also signal an increase or decrease in rates to commercial banks. A reduced rate
by the central bank is cue for commercial banks to reduce their rates. It will lead to more
money in the hands of the consumer and greater spending. It is a positive for the Indian
economy.
Why the Reserve Bank of India cut the repo rate
The RBI monitors inflation closely, and it also keeps crude oil prices and food prices on its
radar.A fall in both of these led the consumer price index (or CPI) inflation down in recent
months.The CPI inflation for December 2014, which was released on January 12, 2015,
showed a rise of 5.0% from a year ago. Although it rose from a 4.4% pace set in November
2014, it was below the RBIs target of 8.0% by January 2015.Three reasons for inflation being
lower than expected:
1. Path of inflation:Since September 2014, prices of vegetables and fruits experienced a

sharper-than-expected decline.The price of cereals experienced ebbing price
pressures.International commodity prices, particularly crude oil, experienced a significant
decrease.
2.Fiscal deficit target: Government's assurance of sticking to its fiscal deficit target of
4.1% in the current fiscal year.Reports from Finance Ministry reveals that all efforts were
being made to ensure that the government does not default on the fiscal deficit target.
3.Inflation expectations: Households inflation expectations is in comfortable zone both
near-term and longer-term and eased to single digits for the first time since September
2009. Inflation is below the targeted 8 per cent by January 2015. On current policy settings,
inflation is likely to be below 6 per cent by January 2016,
Indian markets react to a reduction in Indias repo rate

Aims to boost growth amid slowing inflation. Policymakers also signaled further monetary
easing, depending on continuing disinflationary pressures, fiscal consolidation and supply
constraints. Both Union Bank of India and Kolkata-based United Bank of India both cut their
base rate, or the rate below which they cannot lend to borrowers, by 25 bps to 10%. Banks
such as ICICI Bank (IBN) and HDFC Bank (HDB) can expect an increase in quantity of loans if
they reduce their rates as well.the rate cut should also help corporates borrow cheaply,
which should help lower their borrowing costs and increase their profits
In response to the move Indian stock markets welcomed the Reserve Bank of Indias (or RBI)
move of reducing the repo rate by 25 basis points to 7.75%. Benchmark equity indices like
the S&P BSE Sensex and the CNX Nifty ended the day up over 2.6% each. The S&P BSE
Sensex had risen by 3.1% over its previous close before reducing some losses and ending at
28,075.5.This move may cause a reduction in interest rates on home loans and lower EMIs
as well as more funds available to the builders.
It provide growth momentum to the market by injecting liquidity to the market.
GK Questions asked in SBI Associates Assistant - 25th January

2015 (Morning Shift)
Hello Readers, We are posting Some of the GK questions asked in today's Examination. Thank You for
sharing these questions with us.
Chairman of Niti Ayog - PM Narendra Modi
Currency Philippines - Philippine peso
Brazil capital - Brasilia
Sarita devi which sports - Boxing
Rbi doesn't control which one of them? ICICI Prudential
America Canada line - Parallel line 49
Who won Nobel prize in micro economics? - Amartya Sen
Fort aguada which state - Goa
IMF provides loan to whom? Only Member Countries
Next G 20 Summit - Istanbul, Turkey
New chief of IB - Dineshwar Sharma
Fresh water lake in U.S.A - Lake Superior
Purpose of monetary policy?
1 question on which of the following is not a Credit rating agency of india?
Which is regulator of commodity market - FMC
Cancer day - 4th February
Internet users in india in dec 2014 - 300 Million
Founder of self help groups who won nobel prize for this? Mohammad Yunus
1 question on NPA
Casa related to?
Anirudh jagannath is the PM of which country? - Mauritius
Fao headquarters - Rome, Italy
Urban development union minister - Venkaiah Naidu
According to 2011 census female rato per 1000 males in haryana? - 879
Confucious prize was awarded to whom? - Fidel Castro
Dandi kutir is established in which place recently? - Gandhinagar
Wandering in many worlds is autobiography of whom? - V. R. Krishna Iyer
GK Questions asked in SBI Associates Assistant exam - 25th

January (Evening Shift)
Here we are posting some of the GK questions asked in the SBI Associates Clerk Exam,
Dera Readers, Thanks for sharing these questions.
Capital of Canada - Ottawa
Bhutanese currency - Ngultrum
CEO of NITI aayog - Sindhushree Khullar
Who is Shinzo Abe - Japenese Prime Minister
Who among the following was one of the previous RBI governor - Y V Reddy
Who amng the following is not in the ex officio's list in NITI - 5 ministers were given(Members of
NITI Aayog Arun jaitely, Rajnath Singh, Suresh Prabhu and Radha Mohan Singh)
PK movie director - Raj Kumar Hirani
World water day - 22nd March
Minister of Road Transport and Highways - Nitin Gadkari
World Environment Day is observed on - 05 June
Author of "God of small things" - Arundhati Roy
WU-14 is launched by- China
Speed of Computer is measured in- Hertz
New chief of RAW - Mr. Rajinder Khanna
Headquarter of International Maritime Organization (IMO) is situated at - London, UK.
Strait time person of the year - Narender Modi
Wular Fresh lake in which state of India-Jammu and Kashmir
Name of boxer recently banned - Sarita Devi
Bandhavgarh National Park is in which state - Madhya Pradesh
1 question from Fiscal deficit
GK Questions asked in SBI Associates Exam ( 24-01-2015,

Morning Shift)
Barak Obama wife name - Michelle Obama
CVV FULL FORM - Card Verification Value
PAKISTAN CURRENCY - Pakistani Rupee
BSBDA A/C FULL FORM - Basic Savings Bank Account
Dramatic decade authour? -Pranab Mukherjee
IMF headquaters -Washingaton D.C.
NITI aayog vice chairperson - Arvind Panagariya
Who is Punkaj mishra - Writer
National voters day - 25th January
Argentina capital- Buenos Aires
Greece currency - Euro
BSF Foundation day -1 December
RBI regulate which sector -Banking
Sachin autobiography-Playing It My Way
2011 highest urban population state- Maharastra
1 mb = 1024 kb
Dong fong missile strike range- Max.550 kms
UNISCO Headquater- Paris
Roger Federer related to which sport- Tennis
Where SAARC summit - Khatmandu,Nepal
Summer Olympics venue - China
Japan give award - Dr.Manmohan singh
Hudhud affect which coast.
Bharatnatyam start from which state - Tamil nadu
Agni4 range - 3,000 4,000 km
Visakhapatnam
GK Questions asked in SBI Associates Assistant - 24th January

2015 (Evening Shift)
Hello Readers, We are posting Some of the GK questions asked in today's Examination. Thank You for
sharing these questions with us.
Australia capital - Canberra
Afghanistan Currency - Afghan Afghani
National Youth Day - 12th January
2018 Commonwealth Game - Gold Coast, Australia
PMJDY payment card - Rupay
Small and Payment bank need how much Capital for start up - 100 Crore
Recently people of 13 country make march and pray for world peace in which state- Bihar
In india recently Bio fuel Train started from - Rohtak to Rewari
External Affair Minister - Smt.Sushma Swaraj
Recently Gyan Sangam Held in Pune For what Purpose - Banking Reform
APEC summit 2014 venue - Beijing
Chief Economic advisor to GOI - Arvind Subramanian
Switzerland beat whom to win Davis cup - France
Anaemia is caused by deficiency of which vitamin - Vitamin B12
Bihu dance is related to which state - Assam
International court of justice HQ - The Hague
Prize given to Raghuram Rajan recently - Governer of the Year in Central Banks awards
news paper name of recent france attack - Charlie Hebdo
highest mortality rate in infants state - Odisha
cbi new director - Mr. Anil Kumar Sinha
Padma Awards - 2015

Following the tradition, the winners of Padma Awards 2015 have been announced on the eve
of India's 66th Republic Day.
Padma Awards are one of the highest civilian Awards of the country. The awards are
conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma
Shri.
The Awards are given in various disciplines/ fields of activities, viz art, social work, public
affairs, science and engineering, trade and industry, medicine, literature and education,
sports, civil service, etc.
'Padma Vibhushan' is awarded for exceptional and distinguished service.
'Padma Bhushan' for distinguished service of high order.
'Padma Shri' for distinguished service in any field.
The awards are announced on the occasion of Republic Day every year.
This year the President of India has approved conferment of Padma Awards to 104 persons
as per the list below. The list comprises of 9 Padma Vibhushan, 20 Padma Bhushan and 75
Padma Shri Awardees. 17 of the awardees are women and the list also includes 17 persons
from the category of foreigners, NRIs, PIOs and 4 Posthumous awardees.
The list for 2015 is as follows:
Padma Vibhushan:
S.
Name of
No. the
Awardee
Discipline
State /
Domicile
1.
Shri L. K.
Advani
Public Affairs
Gujarat
2.
Shri Amitabh
Bachchan
Art
Maharashtra
3.
Shri Prakash
Singh Badal
Public Affairs
Punjab
4.
Dr. D.
Veerendra
Heggade
Social Work
Karnataka
5.
Shri
Mohammad
Yusuf Khan
alias Dilip
Kumar
Art
Maharashtra
6.
Shri Jagadguru
Others
Ramanandacha
rya Swami
Rambhadrachar
ya
Uttar
Pradesh
7.
Prof. Malur
Tamil Nadu
Science and
Ramaswamy
Srinivasan
Engineering
8.
Shri Kottayan
K. Venugopal
Public Affairs
Delhi
9.
Shri Karim Al
Hussaini Aga
Khan
(Foreigner)
Trade and
Industry
France/UK
Padma Bhushan:
S. Name of
No the
.
Awardee
Discipline
State /
Domicile
1.
Shri Jahnu
Barua
Art
Assam
2.
Dr. Vijay
Bhatkar
Science and
Engineering
Maharashtra
3.
Shri Swapan
Dasgupta
Literature
andEducation
Delhi
4.
Swami
Satyamitranand
Giri
Others
Uttar
Pradesh
5.
Shri N.
Gopalaswami
Civil Service
Tamil Nadu
6.
Dr. Subhash C.
Kashyap
Public Affairs
Delhi
7.
Dr. (Pandit)
Gokulotsavji
Maharaj
Art
Madhya
Pradesh
8.
Dr. Ambrish
Mithal
Medicine
Delhi
9.
Smt. Sudha
Art
Tamil Nadu
Ragunathan
10.
Shri Harish
Salve
Public Affairs
Delhi
11.
Dr. Ashok Seth
Medicine
Delhi
12.
Shri Rajat
Sharma
Literature and
Education
Delhi
13.
Shri Satpal
Sports
Delhi
14.
Shri
Shivakumara
Swami
Others
Karnataka
15.
Dr. Kharag
Singh Valdiya
Science and
Engineering
Karnataka
16.
Prof. Manjul
Bhargava
(NRI/PIO)
Science and
Engineering
USA
17.
Shri David
Frawley
(Vamadeva)
(Foreigner)
Others
USA
18.
Shri Bill Gates

(Foreigner)
Social Work
USA
19.
Ms. Melinda
Gates (Foreign
er)
Social Work
USA
20.
Shri Saichiro
Misumi
(Foreigner)
Others
Japan
Padma Shri:
S. Name of the
No Awardee
.
Disciplin
e
State /
Domicil
e
1.
Dr. Manjula Anagani
Medicine
Telangana
2.
Shri S. Arunan
Science and
Engineering
Karnataka
3.
Ms. Kanyakumari
Art
Tamil Nadu
Avasarala
4.
Dr. Bettina Sharada

Baumer
Literature
and
Education
Jammu and
Kashmir
5.
Shri Naresh Bedi
Art
Delhi
6.
Shri Ashok Bhagat
Social Work
Jharkhand
7.
Shri Sanjay Leela

Bhansali
Art
Maharashtr
a
8.
Dr. Lakshmi Nandan

Bora
Literature
and
Education
Assam
9.
Dr. Gyan Chaturvedi
Literature
and
Education
Madhya
Pradesh
10.
Prof. (Dr.) Yogesh

Kumar Chawla
Medicine
Chandigarh
11.
Smt. Jayakumari
Chikkala
Medicine
Delhi
12.
Shri Bibek Debroy
Literature
and
Education
Delhi
13.
Dr. Sarungbam
Bimola Kumari Devi
Medicine
Manipur
14.
Dr. Ashok Gulati
Public
Affairs
Delhi
15.
Dr. Randeep Guleria
Medicine
Delhi
16.
Dr. K. P. Haridas
Medicine
Kerala
17.
Shri Rahul Jain
Art
Delhi
18.
Shri Ravindra Jain
Art
Maharashtr
a
19.
Dr. Sunil Jogi
Literature
and
Education
Delhi
20.
Shri Prasoon Joshi
Art
Maharashtr
a
21.
Dr. Prafulla Kar
Art
Odisha
22.
Ms. Saba Anjum
Sports
Chhattisgar
h
23.
Smt. Ushakiran Khan
Literature
and
Education
Bihar
24.
Dr. Rajesh Kotecha
Medicine
Rajasthan
25.
Prof. Alka Kriplani
Medicine
Delhi
26.
Dr. Harsh Kumar
Medicine
Delhi
27.
Shri Narayana
Purushothama
Mallaya
Literature
and
Education
Kerala
28.
Shri Lambert
Mascarenhas
Literature
and
Education
Goa
29.
Dr. (Mrs.) Janak Palta

McGilligan
Social Work
Madhya
Pradesh
30.
Shri Veerendra Raj

Mehta
Social Work
Delhi
31.
Shri Tarak Mehta
Art
Gujarat
32.
Shri Neil Herbert

Nongkynrih
Art
Meghalaya
33.
Shri Chewang
Norphel
Others
Jammu and
Kashmir
34.
Shri T. V. Mohandas
Pai
Trade and
Industry
Karnataka
35.
Dr.Tejas Patel
Medicine
Gujarat
36.
Shri Jadav Molai

Peyang
Others
Assam
37.
Smt. Bimla Poddar
Other
Uttar
Pradesh
38.
Dr. N. Prabhakar
Science and
Engineering
Delhi
39.
Dr. Prahalada
Science and
Engineering
Maharashtr
a
40.
Dr. Narendra Prasad
Medicine
Bihar
41.
Shri Ram Bahadur Rai
Literature
and
Education
Delhi
42.
Ms. Mithali Raj
Sports
Telangana
43.
Shri P. V. Rajaraman
Civil Service
Tamil Nadu
44.
Prof. J. S. Rajput
Literature
and
Education
Uttar
Pradesh
45.
Shri Kota Srinivasa

Rao
Art
Andhra
Pradesh
46.
Prof. Bimal Roy
Literature
and
Education
West
Bengal
47.
Shri Shekhar Sen
Art
Maharashtr
a
48.
Shri Gunvant Shah
Literature
and
Education
Gujarat
49.
Shri Brahmdev
Sharma (Bhaiji)
Literature
and
Delhi
Education
50.
Shri Manu Sharma
Literature
and
Education
Uttar
Pradesh
51.
Prof. Yog Raj Sharma
Medicine
Delhi
52.
Shri Vasant Shastri
Science and
Engineering
Karnataka
53.
Shri S. K. Shivkumar
Science and
Engineering
Karnataka
54.
Ms. P. V. Sindhu
Sports
Telangana
55.
Shri Sardara Singh
Sports
Haryana
56.
Ms. Arunima Sinha
Sports
Uttar
Pradesh
57.
Shri Mahesh Raj Soni
Art
Rajasthan
58.
Dr.Nikhil Tandon
Medicine
Delhi
59.
Shri H. Thegtse
Rinpoche
Social Work
Arunachal
Pradesh
60.
Dr.Hargovind
Laxmishanker Trivedi
Medicine
Gujarat
61.
Shri Huang Baosheng

(Foreigner)
Others
China
62.
Prof. Jacques Blamont

(Foreigner)
Science and
Engineering
France
63.
Late Shri Syedna

Mohammad
Burhanuddin(Posthu
mous)
Others
Maharashtr
a
64.
Shri Jean-Claude
Carriere (Foreigner)
Literature
and
Education
France
65.
Dr. Nandrajan Raj

Chetty (NRI/PIO)
Trade and
Industry
USA
66.
Shri George L. Hart
Others
USA
(Foreigner)
67.
Jagat Guru Amrta

Suryananda Maha
Raja (NRI/PIO)
Others
Portugal
68.
Late Shri Meetha Lal

Mehta
(Posthumous)
Social Work
Rajasthan
69.
Ms. Tripti
Mukherjee(NRI/PIO)
Art
USA
70.
Dr. Dattatreyudu
Nori (NRI/PIO)
Medicine
USA
71.
Dr. Raghu Rama

Pillarisetti(NRI/PIO)
Medicine
USA
72.
Dr. Saumitra Rawat

(NRI/PIO)
Medicine
UK
73.
Prof. Annette
Schmiedchen
(Foreigner)
Literature
and
Education
Germany
74.
Late Shri Pran Kumar

Sharma alias
Pran(Posthumous)
Art
Delhi
75.
Late Shri R.
Vasudevan(Posthum
ous)
Civil Service
Tamil Nadu
Important Computer Extensions

Dear Readers,
Here is an interesting and important topic for the candidates which can appear in computer
awareness section or there are also chances to get these questions in general knowledge
part. The topic is File Name Extensions.
Text Files
.log: Log File
.wpd: WordPerfect Document

.odt: OpenDocument Text Document
.pages: Pages Document
.doc: Microsoft Word Document
.docx: Microsoft Word Open XML Document
.tex: LaTeX Source Document
.wps: Microsoft Works Word Processor Document
.msg: Outlook Mail Message
.rtfRich: Text Format File
.txtPlain: Text File
Data Files
.vcf: vCard File
.dat: Data File
.pptx: PowerPoint Open XML Presentation
.sdf: Standard Data File
.tar: Consolidated Unix File Archive
.csv: Comma Seperated Values File
.xml: XML File
.pps: PowerPoint Slide Show
.ppt: PowerPoint Presentation
Audio Files
.aif: Audio Interchange File Format

.mpa: MPEG-2 Audio File
.ra: Real Audio File
.iff: Interchange File Format
.wav: WAVE Audio File
.wma: Windows Media Audio File

.mp3: MP3 Audio File
Video Files
.avi: Audio Video Interleave File
.3gp3: GPP Multimedia File
.flv: Flash Video File
.mpg: MPEG Video File
.vob: DVD Video Object File
.mp4: MPEG-4 Video File
.3g: 23GPP2 Multimedia File
.m4: viTunes
.wmv: Windows Media Video File
Video
Marketing :Quiz
Q 1.Which among the following is oldest variable of market segmentation?
A. Geography
B. Demography
C. Psychography
D. General Lifestyle
E. Sociomapping
Q 2.Which among the following helps a marketer to help the product occupy a
distinct and valued place in the target customer\'s mind?
A. Pricing
B. Promotion
C. Positioning
D. Advertisement
E. Display
File
Q 3.\"Terms & Conditions\" is a sub element of which of the 4Ps of marketing?

A. Product
B. Price
C. Place
D. Promotion
E. None of them
Q 4.Which among the following provides \"core benefits\" ?

A. Generic product
B. Expected product
C. Augmented product
D. Potential Product
E. Branded product
Q 5.Which among the following is not a quality of Banking Service?

A. Intangible
B. perishable
C. inseparable
D. customizable
E.Ownership
Q 6.In marketing reduction in the sales volume, sales revenue, or market share of
one product as a result of the introduction of a new product by the same producer
is called as?
A. Decoy effect
B. Co-marketing
C. Cannibalization
D. Cross merchandising
E.Complex sales
Q 7.The Unilever\'s products Rin Bar, Wheel Bar, Rin Powder, Wheel Powder , Surf
and Surf excel can be kept in which of the following?
A. Product Line
B. Product Mix
C .Product Items
D. Product bundling
E. Product Index
Q 8.The Unilever\'s products Rin Bar, Le sancy Soap, Close up toothpaste, Ponds
talcum Powder and Lakme cream can be kept in which of the following
categories?
A. Product Line
B. Product Mix
C. Product Bundling
D.Product Items
E. Product Index
Q 9.In which stage of the product Life Cycle (PLC) the Profits are low / negligible?
A. Introduction,
B. Growth
C. Maturity
D. Decline
E. none of the above
Q 10.Emphasis should be laid down on which of the following in the Introduction

phase of Product Life Cycle?
A. Profits
B. Cash Inflows
C. Market establishment
D. Distribution Strategy
E. Market Segmentation
Q 11.Which among the following involves Physical means of carrying goods?

A. Transportation
B. Warehousing
C. Merchandising
D. Communication
E. Distribution Channel
Q 12.Which among the following does not come under \"packaging\"?

A. Containers
B. Wrappers
C. Bottles
D. Cartoons
E. Instructions for use
Q 13.Date of Production, Date of expiry, precautions, legal warnings etc. come

under which of the following?
A. Social Stigma
B. Advertising
C. Labeling
D. Packaging
E. None of the above
Q 14.In which of the following departments the information from Marketing

Department flows directly to ?
A. Production Department
B. Purchase Department
C. Human Resource Department
D. Security Department
E.Production and Purchase Department
Q 15.Which among the following is increased by \"Marketing Research\" ?

A.Nominal Cost
B. Real Cost
C.Marginal Cost
D. Revenue
E.Profits
Q 16.Which among the following is ultimate outcome of \"Increase in Sales\" ?

A.Sales price
B. Purchase Price
C. Total Cost
D. Distribution Cost
E. National Income
Q 17.Which among the following is the ultimate aim of \"Relationship Marketing\"?

A. Increased Sales
B. Increased Profits
C. Increased number of customers
D. Increased Cross Selling
E. Decrease marginal cost
Q 18.Which among the following is not an essential of \"Effective Marketing \" ?
A. motivation
B. communication skills
C. empathy
D. sympathy
E. perseverance
Q 19.Which among the following can be marketed to HNI group of individuals?

A.Essential Commodities
B. Luxury Goods
C. Low cost Substitutes
D.Potential Goods
E.Core products
Q 20.A \'Lead\' in marketing means ----?

A. Prospective Buyer
B. Market Leader
C. Point of Sales
D. A company available for sale
E. None of the above
Answers
1. A
2. C
3. B
4. A
5. E
6. C
7. A
8. B
9. A
10. C
11. A
12. E
13. C
14. E
15. E
16. E
17. D
18. D
19. B
20. A
Important Facts about Indian Currency

Hello Readers,
Let's know everything about Indian Currency. Hope you all like the post..
The
Indian
rupee
symbol
'
'
(officially
adopted
in
2010)
is
derived
from
the Devanagari consonant "" (ra) and the Latin letter "R". The first series of coins with the
rupee symbol was launched on 8 July 2011. Currency paper is composed of cotton and
cotton rag.
RBI issues all the bank notes except Rupees 1 Notes. These notes are issued by Ministry of
Finance. Recently RBI launched a website PaisaBoltaHai to raise awareness of counterfeit
or fake currency among users of the Indian Rupees and also the citizen of India.
The main security features of current banknotes are:
Watermark White side panel of notes has Mahatma Gandhi watermark.
Security thread All notes have a silver or green security band with inscriptions
(visible when held against light) of Bharat in Hindi and "RBI" in English.
Latent image On notes of denominations of Rs.20 and upwards, a vertical band on

the right side of the Mahatma Gandhis portrait contains a latent image showing the
respective denominational value numerally (visible only when the note is held
horizontally at eye level).
Micro lettering Numeral denominational value is visible under magnifying glass

between security thread and latent image.
Intaglio On notes with denominations of INR5 and upwards the portrait of Mahatma
Gandhi, the Reserve Bank seal, guarantee and promise clause, Ashoka Pillar Emblem
on the left and the RBI Governor's signature are printed in intaglio (raised print).
Identification mark On the left of the watermark window, different shapes are
printed for various denominations INR20: vertical rectangle, INR50: square, INR100:
triangle, INR500: circle, INR1,000: diamond). This also helps the visually impaired to
identify the denomination.
Fluorescence Number panels glow under ultraviolet light.
Optically variable ink Notes of Rs.500 and Rs.1,000 denominations have their
numerals printed in optically variable ink. The number appears green when the note
is held flat, but changes to blue when viewed at an angle.
Seethrough register Floral designs printed on the front and the back of the note
coincide and perfectly overlap each other when viewed against light.
EURion constellation A pattern of symbols found on the banknote helps software

detect the presence of a banknote in a digital image, preventing its reproduction with
devices such as colour photocopiers.
Different Kinds of Notes:
Genuine Notes: Such notes must have a water mark of Asoka Pillar, security thread
and serial number along with alphabet. They have distinctive colours.
Soiled notes: The currency note which has become dirty due to its use or may be in
2 pieces. No portion of such note should be missing. These notes are accepted for
exchange without any restrictions by the banks.
Mutilated notes: Such currency notes that are composed of various pieces or they
are cut note of which some portion is missing. These notes are exchanged only by the
currency chest branches of banks.
Single/double numbered notes: Notes up to Rs.5 are single numbered while the
notes above Rs.5 are double numbered notes.
RBIS Clean Note Policy

RBI had announced Clean Note Policy in January, 1999.
For withdrawing soiled notes from circulation and pumping fresh notes into circulation, the
RBI introduced various changes in the system and procedures related to currency
management which include mechanization of the currency verification and processing as
also shredding and briquetting for destruction of soiled and mutilated notes.
Rules and Instructions Issued by RBI:
Not to staple bank notes.
To Tender soiled notes to the Reserve Bank in unstapled condition.
To use bands instead of staple pins.
To issue only clean notes to members of public.
To open select currency chest branches on Sundays to provide exchange facility to

members of public all over the county.
To provide unrestricted facility for exchange of soiled and mutilated notes to

members of public.
Banks should sort notes into reissuables and non issuables, and issue only clean notes to public.
Soiled notes in unstapled condition may be tendered at RBI in inward remittances

through Currency Chests.
Banks should stop writing of any kind on watermark window of bank notes.
Coins of 25 Paise and Below Withdrawal

Govt, of India has decided to withdraw the coins of 25 paise and below from circulation from
June 30, 2011. Coins of 25 paise and below are not accepted for exchange at the bank
branches from July 1, 2011 onward.
Withdrawal of Pre2005 Notes:

Reserve Bank of India decided to withdraw from circulation all banknotes issued prior to
2005 as they have fewer security features as compared to banknotes printed after 2005.
The withdrawal exercise is in conformity with the standard international practice of not having multiple
series of notes in circulation at the same time.
The RBI has already been withdrawing these banknotes in a routine manner through banks.
It is estimated that the volume of such banknotes (pre2005) in circulation is not significant enough to
impact the general public in a large way and the members of public may exchange the pre 2005 series
banknotes at bank branches at their convenience.
The deadline for exchanging pre2005 currency notes of various denominations, including Rs.500 and
Rs.1,000, has been extended by another six months till June 30, 2015.

1.Which among the following states is the site for Indias first International Institute of Music?
A.Kerala
B.Assam
C.Haryana
D.Madhya Pradesh
2.Recently, which one of the following schemes of union government has entered into Guinness
book of world record?
A.MGNREGA
B.Prime Minister Jan Dhan Yojana
C.Swatcha Bharat Abhiyan
D.Indira Awas Yojana
3.Who among the following is the author of the book Neither A Hawk, Nor A Dove?
A.Pervez Musharraf
B.Khurshid Mahmud Kasuri
C.Imran Khan
D.Rehman Khan
4.Which among the following is the first state in India to launch web based education programme
for all schools?
A.Gujarat
B.West Bengal
C.Arunachal Pradesh
D.Himachal Pradesh
5.Who heads the Supreme Court panel to ensure major reforms in the practice and procedure of
BCCI?
A.Justice R M Lodha
B.Justice Ashok Bhan
C.Justice R V Ravindran
D.Justice Nag Mohan Das
6.Currently, who among the following is the worlds oldest monarch?
A.Queen Elizabeth II
B.Emperor of Japan
C.King of Thailand
D.Queen Victoria
7.The Tunnel of Time is the autobiography of _____?
A.Rajni Kothari
B.R K Laxman
C.P Chindambaram
D.M S Narayana
8.Edgar Lungu, has been elected as new President of which one of the following countries?
A.Chile
B.Brazil
C.Zambia
D.Tanzania
9.Who among the following has won the womens and mens singles titles, respectively at Syed
Modi International Badminton Championship?
A.Saina Nehwal and P Kashyap
B.Carolina Marina and P Kashyap
C.Saina Nehwal and K Srikanth
D.Carolina Marina and K Srikanth
10.The Channapatna toys are a particular form of wooden toys that are manufactured in which
state?
A.Tamil Nadu
B.Karnataka
C.Andhra Pradesh
D.Maharashtra
Answers
1.A
2.B
3.B
4.C
5.A
6.A
7.B
8.C
9A
10.B
Sixth RBI Bi monthly Policy Review - February 2015

Key Rates - How they stand today
The policy Repo rate under the liquidity adjustment facility (LAF) unchanged at 7.75 per cent.
The cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand
and time liabilities (NDTL).
Reduce the statutory liquidity ratio (SLR) of scheduled commercial banks by 50 basis points from
22.0 per cent to 21.5 per cent of their NDTL with effect from the fortnight beginning February 7,
2015;
Replace the export credit refinance (ECR) facility with the provision of system level
liquidity with effect from February 7, 2015;
Continue to provide liquidity under overnight repos of 0.25 per cent of bank-wise NDTL at the
LAF Repo rate and liquidity under 7-day and 14-day term repos of up to 0.75 per cent of NDTL of
the banking system through auctions; and
Consequently, the reverse repo rate under the LAF will remain unchanged at 6.75 per cent, and
the marginal standing facility (MSF) rate and the Bank Rate at 8.75 per cent.
Key Points in the Review -
72 applications for Small Finance Banks and 41 applications for Payments Banks received.
FIIs can invest in India corp bond with 3-year maturity.
RBI raises cap on forex under LRS to $250,000 per person.
Inflation likely to be around target level of 6% by January 2016.
Baseline projection for 2014 GDP growth retained at 5.5%.
Real GDP growth in 2015-16 expected to rise to 6.5%.
Recent Appointments in India

POSTS/DEPTT.
Foreign
Secretary
PERSONS
Subrahmanyam Jaishankar took over
as foreign secretary
Replaces Sujatha Singh
KK Paul - Uttarakhands new governor.

Aziz Qureshi - 15th Governor of
Mizoram
New Governers
Kalyan Singh - took oath as Governor
of Himachal Pradesh
K K Paul - sworn in as sixth Governor of
Uttarakhand
National Institution for Transforming
India (NITI) Aayog.

NITI AAYOG
Chairman Narendra Modi

Vice Chairman: Free market economist
Arvind Panagariya
CEO: Ms. Sindhushree Khullar (IAS)
Fulltime Members: Economist Bibek
Debroy and former DRDO Chief V K

Saraswat.
Air India
CMD Rohit Nandan (10 months

extension)
Chief Avinash Chander asked to step
down.
DRDO
BSNL
Defense Secretary RK Mathur is
holding the charge of DRDO (30-Jan2015).
Anupam Shrivastava became new CMD
Hari Shankar Brahma, became the
19th Chief Election Commissioner

(CEC) of India. He is an Assamese IAS
officer from Andhra Pradesh cadre.
EC
He replaced V S Sampath
Pahlaj Nihalani became new chief

Leela Samson resigned after her
decision against Dera Sachcha Sauda
Censor Board
chief Gurmit Ram Rahims movie
Messanger of God (MSG) was
overturned by the appellate board.
Prasar Bharati Chairman Arkalgud Suryaprakash
ISRO
TCA Anant
A.S.Kiran Kumar replaced

K.Radhakrishnan as the new ISRO
Chief.
Chief statistician of India.
Railway board New chairman A.K. Mittal.
The role of an Insurance Assistant - An insight

Hello Readers,
In recent days, many Insurance Companies have announced the Result of the Online Examination for the
post of Assistant. Many candidates have approached us seeking guidance about the job profile and future
prospects of these assistants. We therefore give below a brief idea about the posts and the future
prospects.
To begin with it would be better for candidates to understand that these posts are entry level clerical posts
with salaries more or less equal to the salary of a clerk posted in a nationalized bank. These are
permanent posts. For those candidates who want to join govt. Sector this is a good opportunity.
Nature of Work
The nature of work will comprise of the following routine clerical duties like depending on their posting
(whether in branch, divisional office or Regional office)
Issuing insurance policies (which will be marketed by Insurance Agents and Development
Officers)
Settling insurance claims
Accepting cash
Routine office administration
Purely from risk profile the job of an insurance assistant will comprise of lesser dealing with public and
money than a bank assistant does.
Growth
There are internal exams which will enable an assistant faster growth in the hierarchy. The candidates
can get promoted to the post of Administrative Officer, Development Officer and Manager.
Advantages
One big advantage of this job over a bank job is that IT IS A FIVE DAYS A WEEK JOB.
Second advantage is that DUTY HOURS ARE FIXED in these organizations and there is very
little late sitting in the office and that not too often. This makes it an ideal job for a female
candidate on the one hand and equally attractive for a male candidate who is good in marketing.
Promotions in next few years are likely to be quite fast since there has been virtually no
recruitment in last 2 decades. Most of the existing staff is nearing retirement and there will be
number of new openings in next 4-5 years after these retirements take place.
Probation Period:
The newly appointed employees will be on probation for a minimum period of 6 months. Before the
probation period comes to an end the performance of the newly recruited employees will be evaluated
and the probation period of those employees whose performance fails to meet Companys expectation,
may be extended.
Candidates resigning from the Company during the probationary period and candidates whose services
are terminated by the Company during the probationary period shall be liable to pay the salary received
by them during their entire service in the Company in addition to an amount of Rs.25,000/- towards partial
cost of training. No lien/bond executed to retain a substantive post with present employer will be binding
upon the Company and no leave, Salary or Pension Contribution will be made.
Emoluments & Benefits:
Scale of Pay (Pre-revision): 7640-440(1)-8080-480(2)-9040-540(5)-11740-625(2)-12990-760(3)-15270790(2)-16850-840(5)-21050.
The salary scales are under revision with effect from August 2012.
Emoluments: Total emoluments (Pre-revision) works out to approximately Rs.15000/- per month in the
initial stage in a metro city. Other Allowance may vary depending upon the place of posting. Apart from
allowances other benefits such as lump sum domiciliary medical benefit, membership of Group Mediclaim
Policy for Reimbursement of hospitalisation expenses, leave travel subsidy and other staff welfare
schemes would be as per the rules of the Company.
I hope this will settle your initial doubts to rest!!
Banking Awareness : Quiz

1. Though ULIPs (Unit Linked Insurance Plan) are considered to be a better
investment vehicle it has failed to capture the imagination of the retail investors
in India because of which of the following reasons?
A.Regulatory jurisdictional fight between SEBI and IRDA
B. They dont offer better tax benefits
C.They offer lesser returns compared to traditional insurance policies
D.All of the above
E. None of these
2.The Chameli Devi Jain Award is given for an outstanding woman ____?
A. Scientist
B. Reporter
C.Player
D.Teacher
E. None of these
3. HDFC bank has been named among 50 most valuable banks in 2014. It has got
45th rank. Wells Fargo & Co. has got first rank in this list. This bank belongs to
which country?
A. USA
B. UK
C. European Union
D. France
E. None of these
4.The difference between the outflow and inflow of foreign currency is known as
A.Foreign Exchange Reserves
B.Current Account Deficit
C.Fiscal Deficit
D.Balance of Payments
E. None of these
5.A commercial bank will launch a medium term note (MTN) programme to
A.Provide loans
B.Raise Funds
C.Sell Equity
D.Purchase shares
E. None of these
6.Which among the following banks has launched the Tatkal, scheme that
enables the people to transfer money to their families in their native towns and
villages without actually opening an account?
A.State Bank of India
B.Bank of India
C.Canara Bank
D.Union Bank of India
E. Bank of Baroda
7. Who heads the National Ministerial Committee under the Architecture for Cash
Transfers?
A.Prime Minister of India
B.Finance Minister
C.Food and Consumer Affairs Minister
D.Deputy Chairman, Planning Commission
E. None of these
8. Saumitra Chaudhuri committee has been appointed to recommend revisions

to :
A.Wholesale Price Index
B.Consumer Price Index
C.Index of Industrial Production
D.Housing Develoment Index
E. None of above
9. Too much import of Gold by India adversely affects:

1. Trade Balance
2. Current Account Balance
3. Capital Account Balance

Choose the correct option from the codes given below:
A.1 & 2
B.2 & 3
C.1, 2 & 3
D.1 & 3
E. None of these
10.In which year, the Forward Contracts (Regulation) Act was enacted in India?
A.1950
B.1952
C.1962
D. 1975
E. 1978
Answers
1. A
2. B
3. A
4. B
5. B
6. B
7. A
8. C
9. A
10. B

1. Insurance cover for bank deposits in our country is provided by .
(1) SBI
(2) Govt. of India
(3) GIC
(4) LICI
(5) DICGC
2. Loan of very small amounts given to low income groups is called .

(1) Cash credit
(2) Micro credit
(3) Simple overdraft
(4) No frills loans
(5) Rural credit
3. When a banker talks about CDR, what is he talking about?
(1) Corporate Debt Restructuring
(2) Corporate Debt Rollover
(3) Company Debt Rollover
(4) Corporate Deposit Restructuring
(5) Company Deposit Restructuring
4. Expand the term ALM as used in Banking/Finance sector?
(1) Asset Liability Management
(2) Asset Liability Maturity
(3) Asset Liability Mismatch
(4) Asset Liability Manpower
(5) Asset Liability Maintenance
5. Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms most closely related to
which of the following industries/ markets?
(1) Capital Market
(2) Banking industry
(3) Commodities market
(4) Money Market
(5) Mutual fund industry
6. What is the maximum period for which domestic term deposits are normally accepted by banks
in our country?
(1) 3 years
(2) 5 years
(3) 7 years
(4) 10 years
(5) 12 years
7. What does the letter L stands for in the term LAF commonly used in financial/economic news?
(1) Liquidity
(2) Least
(3) Liabilities
(4) Long
(5) Liquid
8. The Banking Ombudsman
(1) is in charge of bank loans for buses
(2) fixes the rates of interest for loans
(3) resolves complaints of customers
(4) issues licences for new bank branches

(5) is the beau of all nationalised banks
9. Monetary Policy as an arm of the economic policy is administered by .............
(2) Reserve Bank of India
(3) State Bank of India
(4) Governments of the respective states
(5) None of these
10. Which of the following is not a primary function of a Bank?
(1) Granting Loans
(2) Collecting Cheques/Drafts customers
(3) Facilitating import of goods
(4) Issuing Bank Drafts
(5) Selling Gold/Silver Coins
ANSWERS 1. 5
2. 2
3. 1
4. 1
5. 2
6. 4
7. 1
8. 3
9. 2
10. 3
Banking Awareness
1. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to
stop payment. Bank will:
a) Note caution and will advice the payee to contact purchaser of the draft
b) Not act on the request
c) Stop payment
d) Performs no action
2. Mutual funds are required to be registered with:

a) AMFI
b) SEBI
c) IBA
d) RBI
e) NABARD
3. What is Yield Curve Risk?

a) It is a line of graph plotting the yield of all maturities of a particular instrument
b) Yield curve changes its slope and shape from time to time
c) Yield curve can be twisted to the desired direction through the intervention of RBI
d) All of the above
4. The biggest international financial centre in the world:
a) Frankfurt
b) Geneva
c) London
d) New York
e) Paris
5. The expansion of BIFR, in the context of the Indian Industry is:
a) Board for Industrial and Financial Reconstruction
b) Bureau for Industrial and Financial Reconstruction
c) Board for Investment and Financial Reconstruction
d) Bureau for Investment and Financial Reconstruction
e) None of these
6. The largest financial conglomerate of India is:
a) HDFC Bank
b) ICICI Bank
c) IFCI
d) SBI
e) None of these
7. Under which of the following methods of depreciation, amount of depreciation varies every
year?
a) Written Down Value Method
b) Straight Line Method
c) Amount of depreciation does not vary on year to year basis
d) Either a or b
e) None of these
8. Usually, the validity period of an Income Tax Refund Order is:
a) 1 month
b) 2 months
c) 3 months
d) 6 months
e) 4 months
9. Which of the following is true about "White Card"?
a) It is related to companies producing milk products
b) It does not carry on its face, the brand of the issuer
c) It is meant to covert blank money into the economy
d) It is a card that provides white money
e) None of these
10. First bank in India to launch its interactive banking service through Dish TV:
a) HSBC
b) ICICI Bank
c) HDFC Bank
d) Axis Bank
e) None of these
11. First Indian Governor of the RBI:
a) C.D. Deshmukh
b) Sachindra Ray
c) S. Mukherjee
d) D.I.G. Patel
12. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been set up on
the recommendations of:
a) Narashimham Committee
b) Ghosh Committee
c) Chore Committee
d) Kapoor Committee
e) Krishna Committee
13. The primary relationship between the banker and the customer is that of:
a) Trustee and beneficiary
b) Debtor and Creditor
c) Principal and agent
d) Lesser and lessee
e) None of these
14. A debt becomes time-barred after:
a) One year
b) Two and a half year
c) Three years
d) Five years
e) Six years
15. In the matter of handling bills of exchange for collection, the relationship between customer
and the bank is:
a) Trustee and the beneficiary
b) Principal and agent
c) Bailor and bailee
d) All of the above
16. Hypothecation is:
a) A transaction of conditional sale
b) A legal transaction whereby goods may be made available as security for a debt
c) Transfer of ownership by the borrower to the lender

d) Either a or b
17. Payment of a cheque may be countermanded by the ___
a) Payee
b) Drawer
c) True owner
d) Drawee
e) None of these
18. J.S. Verma Committee Report relates to:
a) Strengthening of weak banks
b) Corporate Governance
c) Bank Mechanization
d) All of the above
19. AUsance Bill when presented for acceptance has to be accepted/ dishonoured within:
a) 24 hours
b) 36 hours
c) 48 hours
d) 60 hours
e) 26 hours
20. Invoice is a:
a) Accounting document
b) Legal document
c) Commercial document
d) All of the above
21. When does a person become insolvent?
a) When he left with no property of his own
b) When he declares an insolvent by the Court
c) When he terminates from a job he was holding
d) When he declares himself to be an insolvent
22. When two parties make an arrangement to exchange future cash flows, it is called:
a) Options
b) Arbitrage
c) Swap
d) Futures
23. Which of the following banks enjoys the reputation of being at the top in market capitalization
among all the private banks?
a) ICICI Bank
b) HDFC Bank
c) Axis Bank
d) Yes Bank
e) IDBI Bank
24. "Claused Bill of Landing" is one which indicates:
a) Remaining constant in project cost
b) Escalation in Project Cost
c) Decrease in Project Cost
d) All of the above
ANSWERS
1) a
2) b
3) d
4) c
5) a
6) d
7) a
8) c
9) b
10) c
11) a
12) d
13) b
14) c
15) b
16) b
17) b
18) a
19) c
20) c
21) b
22) c
23) b
24) b
Computer Quiz
1. What is the responsibility of the logical unit in the CPU of a computer?
a) Producing result
b) Comparing numbers
c) Controlling flow of information
d) Performing mathematical operations
e) Controlling flow of data
2. Abacus was the first ___

a) Electronic computer
b) Mechanical computer
c) Electronic calculator
d) Mechanical calculator
e) Electronic chip
3. If in a computer, 16 bits are used to specify address in a RAM, the number of addresses will be ___
a) 216
b) 65,536
c) 64K
d) 128K
e) 135K
4. Instructions and memory address are represented by ___
a) Character code
b) Binary code
c) Binary word
d) Parity bit
e) Bite code
5. The terminal device that functions as a cash register, computer terminal and OCR reader is:
a) Data collection terminal
b) OCR register terminal
c) Video Display terminal
d) POS terminal
6. A set of flip flops integrated together is called ____
a) Counter
b) Adder
c) Register
d) Flip flop
e) All of the above
7. People often call ______ as the brain of computer system.
a) Control Unit
b) Arithmetic Logic Unit
c) Central Processing Unit
d) Storage Unit
e) Store data
8. Which of the following is used for manufacturing chips?
a) Bus
b) Control unit
c) Semiconductors
d) a and b only
9. The value of each bead in heaven is ___
a) 1
b) 3
c) 5
d) 7
e) 8
10. The first computer introduced in Nepal was ___
a) IBM 1400
b) IBM 1401
c) IBM 1402
d) IBM 1406
e) IBM 1405
11. Bluetooth is a type of radio wave information transmission system that is good for about:
a) 30 feet
b) 30 yards
c) 30 miles
d) 300 miles
e) 3000 miles
12. The telephone is an example of a(n)____ signal.
a) analog
b) digital
c) modulated
d) demodulated
e) compiler
13. Acredit card-sized expansion board that is inserted into portable computers that connects the modem
to the telephone wall jack is:
a) Internal modem
b) External modem
c) PC Card modem
d) Wireless modem
e) Wired modem
14. A modem that is contained within the system unit is called:
a) External
b) Internal
c) Wireless
d) Wi-Fi
e) Bluetooth
15. A modem that doesn't need to be connected to a telephone line is the ___ modem.
a) external
b) internal
c) wireless
d) DSL
e) NSL
16. Aspecial high-speed line used by large corporations to support digital communications is known as:
a) satellite/air connection service lines
b) cable modems
c) digital subscriber lines
d) T1, T2, T3 and T4 lines
17. An affordable technology that uses existing telephone lines to provide high-speed connections
is called ________.
a) ISDN
b) microwave
c) cable modem
d) DSL
e) ALU
18. The capacity of a communication channel is measured in ___
a) Bandwidth
b) Bit capacity
c) Baud rate
d) Data flow
e) Store data
19. A relatively new technology that allows wireless connectivity:
a) Bluetooth
b) Black tooth
c) Blue band
d) Broadband
e) Wi- fi
20. In MS-DOS 5.0, which is the number that acts as a code to uniquely identify the software product?
a) MS
b) DOS
c) MS DOS
d) 5.0
e) 4.2.0
1) b;
2) d;
3) b;
4) b;
5) d;
6) c;
7) c;
8) c;
9) c;
10) b
11) a;
12) a;
13) c;
14) b;
15) c;
16) d;
17) d;
18) a;
19) a;
20) d;
Current Affairs
1. Baker and Pascua rivers are in which of the following countries?
1) Venezuela
2) Mexico
3) Cuba
4) Chile
5) Canada
2. Who is the author of the book 'The Prince of Gujarat'?

1) Rajmohan Gandhi
2) Arundhati Roy
3) Amalesh Tripathi
4) Mahesh Rao
5) Sipra Das
3. Identify the mismatched pair?

1) SHG - Self Help Group
2) TARC - Trade Administration Reform Commission
3) AMC - Asset Management Company
4) EMI - Equated Monthly Installment
5) IPO - Initial Public Offering
4. The Prime Minister Narendra Modi described the bilateral relations between India and
which of the following countries as 'B2B'?
1) Bangladesh
2) Brazil
3) Bhutan
4) Belgium
5) Belarus
5. Which of the following comes under Services sector?

1) Construction
2) Mining
3) Agriculture
4) Dairying
5) Banking
6. India is now a permanent member of Washington Accord. Membership means global

recognition of Indian?
1) Agriculture degrees
2) Doctor degrees
3) Journalism degrees
4) Engineering degrees
5) None of these
7. The Washington Accord was established in?

1) 1989
2) 1997
3) 1981
4) 1995
5) 1985
8. Open Market Operations mean?

1) Issuance of bonds
2) Giving loans to banks
3) Auction of precious metals
4) Sale or purchase of government securities
5) None of these
9. Identify the mismatched pair with regard to international financial institutions and their
heads?
1) World Bank - Jim Yong Kim
2) IMF - Christine Lagarde
3) ADB - Takehiko Nakao
4) OECD - Jose Angel Gurria
5) WTO - Pascal Lamy
10. Banking Ombudsman is appointed by the?

1) SBI
2) Finance Ministry
3) IBA
4) Supreme Court
5) RBI
11. Which of the following international organizations/institutions is not located in the United
States of America?
1) UNDP
2) UNICEF
3) World Bank
4) IMF
5) UNESCO
12. What is the highest denomination banknote that the Reserve Bank of India can issue?
1) Rs. 1000
2) Rs. 2000
3) Rs. 5000
4) Rs. 10000
5) Rs. 20000
13. The leader of opposition in the Lok Sabha should be from a party whose members
constitute at least what per cent of the total strength of the House?
1) 15 %
2) 5%
3) 10%
4) 7%
5) 20%
14. The Shompen are the indigenous people of?

1) Kavaratti
2) Agatti
3) Amini
4) Great Nicobar
5) Minicoy
15. The Bharatiya Janata Party became the first political party to get a majority in the
General Election on its own since the Indian National Congress had done so in?
1) 1952
2) 1991
3) 2004
4) 1989
5) 1984
16. The fourth Conference on Interaction and Confidence Building Measures in Asia (CICA)
Summit was held in 2014 in?
1) Istanbul
2) Shanghai
3) Astana
4) Antalya
5) Ankara
17. The Secretariat of the Conference on Interaction and Confidence Building Measures in
Asia (CICA) is located in?
1) Beijing, China
2) Manila, Philippines
3) Almaty, Kazakhstan
4) Kyoto, Japan
5) Antalya, Turkey
18. Which of the following financial institutions is the last to be established in India?
1) IFCI
2) RBI
3) ICICI
4) SBI
5) NABARD
19. Phycology is a branch of science that studies?

1) Algae
2) Fungi
3) Virus
4) Bacteria
5) Insects
20. Which of the following statements is not correct?

1) Under CRR a certain percentage of the total bank deposits has to be kept with the
Reserve Bank of India
2) Banks do not earn any interest on CRR
3) The current CRR is 4 percent
4) SLR is determined by the RBI
5) The present SLR is 23 percent
FDI in retail
Pro and cons of the introduction of FDI in retail-
Ill effects of FDI :
It will lead to closure of small scale shops across the country and endanger livelihood of
some million people.
It may bring down prices initially, but this will be a predatory pricing scheme by multinational
companies to get a stronghold in the retail market later they will increase the prices once the
competition dries up, hence Small and medium enterprises will become victims of predatory
pricing policies of multinational retailers
Farmers may be given remunerative prices initially, but eventually they will be at the mercy of
big retailers
It will disintegrate established supply chains by encouraging monopolies of global retailers
FDI as a boon to India:
It will cut intermediaries between farmers and the retailers, thereby helping them get more
money for their produce
It will help in bringing down prices at retail level and calm inflation
Big retail chains will invest in supply chains which will reduce wastage, estimated at 40
percent in the case of fruits and vegetables
Small and medium enterprises will have a bigger market, along with better technology and
branding
It will bring much-needed foreign investment into the country, along with technology and
global best-practices
It will actually create employment than displace people engaged in small stores
It will induce better competition in the market, thus benefiting both producers and
consumers.
Current Affairs : Quiz
1. 36th Anniversary of Iran is being observed on ____.

A. 9th Feb15
B. 10th Feb15
C. 11th Feb15
D. 12th Feb15
E. 16th Feb'15
2. What was the percent of votes polled to Aam Aadmi Party in the Delhi Assembly Elections
2015?
A. 63%
B. 54.3%
C. 73%
D. 97%
E. 85%
3. A large scale Humanitarian Assistance and Disaster Relief (HADR) exercise involving more than
20 ships from the Western and Eastern Fleet and various aircraft of the Indian Navy was
conducted on 9thFeb 15 in ______.
A. Andaman & Nicobar Islands
B. Lakshadweep Islands
C. Australia
D. Japan
E. America
4. Which day is declared as National Deworming Day in India?
A. 9th February
B. 13th December
C. 15th March
D. 10th February
E. 11th February
5. Which state has recently been conferred with Yash Bharti Samman in Feb15?
A. Maharashtra
B. Madhya Pradesh
C. Uttar Pradesh
D. Punjab
E. Haryana
6. Who has won the newly established Charleston-EFG John Maynard Keynes Prize 2015?
A. Amartya Sen
B. Malala Yousafzai
C. Kailash Satyarthi
D. P P Bajpai
E. None of these
7. Which Feature film won the award for being the best film at the 68th BAFTA Award 2015?
A. Inception
B. Boyhood
C. The Theory of Everything
D. Gravity
E. None of these
8. Name the Indian city that hosted the first World Ocean Science Congress?
A. Chennai
B. Mumbai
C. Panaji
D. Kochi
E. Vishakhapatnam
9. On 10th Feb15 Facebook announced a collaboration with which Indian company to provide free
internet access in the country?
A. Reliance Communication
B. TATA Communication
C. Airtel
D. BSNL
E. Vodafone
10. Name the BJP Leader whose name was included in the LIMCA book of records for being the
only woman of the country to represent the same Lok Sabha Constituency on the same party
ticket for eight consecutive times?
A. Sushma Swaraj
B. Meenakshi Lekhi
C. Sumitra Mahajan
D. Vasundhra Raje
E. Mamta Banerjee
Answers
1. C
2. B
3.B
4.D
5.C
6.A
7.B
8.D
9.A
10. C
Facts about Public sector banks

List of Public Sector Banks , Head offices, Year of establishment and Slogans :
S.N
o
Bank Name
Head Office
Allahabad Bank
Kolkata
1865
A tradition of trust
Andhra Bank
Hyderabad
20 Nov. 1923
Much more to do. With

YOU in focus
Bank of Baroda
Baroda
20 July 1908
Indias International Bank
Bank of India
Mumbai
7 Sept. 1906
Relationships
Banking
Bank of
Maharashtra
Pune
16 sept. 1935
One Family One Bank
Canara Bank
Bangalore
1910
Its easy to change for

those who you love,
Together we Can
Central Bank of
India
Mumbai
21 Dec. 1911
Build A Better Life Around

Us, Central to you since
1911
Corporation
Bank
Mangalore
12 March 1906
Prosperity for all
Dena Bank
Mumbai
26 May 1938
Trusted Family Bank
10
Indian Bank
Chennai
5 March 1907
Taking
Banking
Technology to Common
Man, Your Tech-friendly
bank
11
Indian Overseas Chennai

Bank
10 Feb. 1937
Good people to grow with
12
Oriental Bank of Gurgaon ,

Commerce
Haryana
19 Feb. 1943
Where every individual is

committed
13
Punjab National New Delhi

Bank
1895
The Name you can Bank

Upon
14
Punjab & Sind

Bank
24th June 1908
Where series is a way of

life
New Delhi
Year of
establishment
Slogan
beyond
15
Syndicate Bank
Manipal,
karnataka
1925
Your Faithful And Friendly

Financial Partner
16
Union Bank of
India
Mumbai
1919
Good people to bank with
17
United Bank of
India
Kolkata
1950
The Bank that begins with

U
18
UCO Bank
Kolkata
1943
Honors Your Trust
19
Vijaya Bank
Bangalore
1931
A friend You can Bank

Upon
20
IDBI Bank Ltd
Mumbai
1964
Banking for all; Aao

Schein Bada
21
Bharatiya
Mahila Bank
New Delhi
19th Nov. 2013
Empowering women,
Empowering India
State Bank Group

Mumbai
1st July 1956
State Bank of
India
The Nation banks on us;

Pure Banking Nothing
Else; With you all the way
State Bank of
Rajasthan
Bikaner & Jaipur
1963
State Bank of
Patiala
Punjab
1917
Blending Modernity with

Tradition
State Bank of
Hyderabad
Hyderabad
1941
You can always bank on

us
State Bank of
Mysore
Bangalore
1913
Working for
tomorrow
State Bank of
Travancore
Thiruvananthapur 1945
am
better
A Long Tradition of Trust
Clerk Exam - 15th February 2015 (Morning Shift)
We are Sharing some of the GK Questions asked in today's SBI Associate Clerk Exam. Thank you for
sharing the questions with us.
Where is the head quarters of UNICEF? - New York
When do we observe army day? - 15th January
Water week started from - 13th January in context with Ganga Rejuvination Plan
Who is the current Defence minister of India? - Manohar Parikar
Jim Corbett national park is situated in which state? - Uttarakhand
Denmark capital - Copenhagen
Which is the Country having maximun gold mines - China
Which was the most warmest year ever? - 2014
Which were the two new earth like planets discovered? - Kepler 438-b and Kepler 442-b
What is the currency of China? - Yuan
Rbi cut in repo rate by how much? - 25 basis points
There were few questions related to Census 2011

1. What will be the main theme of Aero India show to be inaugurated by Prime Minister Narendra
Modi on 18thFeb15 in Bengaluru?
A. Make in India
B. Unite India
C. Developed India
D. Extending Air Services in India
E. Digital India
2. Who has won the newly established Charleston-EFG John Maynard Keynes Prize 2015?
A. Amartya Sen
B. Malala Yousafzai
C. Kailash Satyarthi
D. P P Bajpai
E. Patrick Modiano
3. Name the country that has launched its first Maritime Silk Road Cruiser Liner on 9th Feb15?
A. Japan
B. China
C. Myanmar
D. Malaysia
E. Japan
4. Name the title of first National Tribal Festival that will begin from 13th Feb15?
A. Aadivaasi
B. Vanmaanas
C. VANAJ
D. TribeFest
E. Aaranya
5. Which bank has launched Indias first digital bank Pockets service to allow anyone to instantly
make transactions on a mobile phone with or without a bank account?
A. HDFC Bank
B. ING Vysya Bank
C. Kotak Mahindra Bank
D. ICICI Bank
E. Yes Bank
6. In which state the Crime and Criminal Tracking Network System Project has been launched?
A. Himachal Pradesh
B. Telangana
C. Manipur
D. West Bengal
E. Punjab
7. In which country has United States closed its embassy on 10th Feb15 due to the ongoing
political instability?
A. Pakistan
B. Iraq
C. Nigeria
D. Yemen
E. Syria
8. Name the Indians who won the prestigious 57th Grammy Awards on 8th Feb15?
A. A.R. Rahman
B. Neela Vasvani
C. Ricky Kej
D. Amitabh Bachchan
E. Priyanka Chopra
9. What rank has been given to Indians in the latest leaked HSBC list of Swiss Bank account
holders from over 200 countries?
A. 116th
B. 16th
C. 87th
D. 51st
E. 21st
10. Which Feature film won the award for being the best film at the 68th BAFTA Award 2015?
A. Inception
B. Boyhood
C. The Theory of Everything
D. Ship of thesauruses
E. None of these
11. National Investigation Agency (NIA) Day will be celebrated on ________.

A. January 22, 2015
B. February 23, 2015
C. February 18, 2015
D. January 19, 2015
E. January 21,2015
12. Name the filmmaker who will be the new chief of Central Board of Film Certification, CBFC
after the Leela Samsons resignation?
A. Ashok Pandit
B. Dr. Chandra Prakash Dwivedi
C. Pahlaj Nihalani.
D. Vani Tripathi
E. None of these
13. In which country did the World Future Energy Summit held?
A. Abu Dhabi, UAE.
B. New York, USA.
C. New Delhi, INDIA.
D. Tokyo, JAPAN
E. Franfurt, Germany.
14. Who has been appointed as Twitters Head of Sales for its operation in India on 19th Jan15?
A. S P Singh
B. S P Khanna
C. Karanjeet kaur
D. Taranjeet Singh
E. Satya Nadella
15. In which city, is the Election Commission organising a 'Matdata Mahotsav' from 20th Jan15 to
celebrate the power of the voters?
A. New Delhi
B. Lucknow
C. Mumbai
D. Srinagar
E. Banalore
Answers
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15. A
Banking Awarenes : Quiz
A
A
B
B
D
A
D
C
B
B
D
C.
C
D
1.Who works as RBI's agent at places where it has no office of its own?
1. State Bank of India
2. Ministry of Finance
3. Government of India
4. International Monetary Fund
5. Ministry of commerce and Trade
2. Which of the following is true about the functions performed by RBI (i) It is the Bank of Issue
(ii) It acts as banker to the Government
(iii) It is the banker of other banks
(iv) It regulates the flow of credit
1. Both (i) and (ii)
2. Both (iii) and (iv)
3. All the Above
4. None of the above
5. Both (i) and (iii)
3. Which among the following is incorrect?
1. RBI is the Bank of Issue
2. RBI acts as Banker to the Government
3. RBI is Banker's Bank
4. RBI does not regulate the flow of credit-5. None of these
4. India is a member of the International Monetary Fund since _____.
1. 1934
2. 1935
3. 1947
4. 1949
5. 1953
5. Which of the following is true about the restrictions on RBI?
(i) It is not to compete with the commercial banks.
(ii) It is not allowed to pay interest on its deposits.
(iii) It cannot engage directly or indirectly in trade.
(iv) It cannot acquire or advice loans against immovable property.
(v) It is prohibited from purchasing its own shares or the shares of any other bank or any
company or granting loans on such security.
1. only (i),(ii),(iii), and (iv)
2. only (v)
3. all the above
4. none of the above
5. both (ii) and (iii)
6. When did the Reserve Bank of India notify the draft regulations relating to the Credit
Information Companies (Regulation) Act, 2005?
1. April 5, 2006
2. May 26, 2006

3. June 29, 2007
4. September 30, 2005
5. October 30, 2002
7. When did the draft guidelines for building grievance redressal mechanism within NBFCs (NonBanking Financial Companies) publish?
1. April 5, 2006
2. May 26, 2006
3. June 29, 2007
5. June 25, 2002
8. When did the Centre acquire the Reserve Bank of India's entire 59.73% equity stake in the State
Bank of India (SBI) at over Rs. 35,531 crore in New Delhi?
1. April 5, 2006
2. May 26, 2006
3. June 29, 2007
5. June 02, 2000
9. According to which guidelines did the Government pick up the entire SBI shares held by the
RBI?
1. National Stock Exchange of India
2. Securities Commission
3. Financial Regulations
4. Securities and Exchange Board of India (SEBI)
5. IRDAI
10. The performance of which scheme does the National Housing Bank monitor?
1. Liberalized Finance Scheme
2. Golden Jubilee Rural Housing Finance Scheme
3. Energy Efficient Housing Finance Scheme
4. Finance scheme for indirect loans
5. None of above
11. When did the National Bank of Agriculture and Rural Development establish?
1. July, 1982
2. July, 1969
3. June, 1951
4. June, 1961
5. June, 1955
12. When did the government acquire RBI's shareholding (72.5%) in NABARD?
1. May, 2008
2. June, 2008
3. August, 2008
4. March, 2009
5. July, 2007
13. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in
agricultural lending is _________.
1. daily
2. weekly
3. monthly
4. yearly
5. Quarterly
14. When did the Government of India set up the Export-Import Bank of India?
1. January, 1982
2. January, 1993
3. March, 1971
4. June, 1969
5. March 1976
15. The main objectives of the Export-Import Bank (EXIM Bank) are:
(i) to ensure an integrated and coordinated approach to solving the problems of exporters
(ii) to provide special attention to capital goods export and export of technical services
(iii) to tap domestic and overseas markets for resources, undertake development and finance
activities in the areas of exports.
(iv) to provide financial assistance to the exporters and importers and act as the principal
financial institution for coordinating the working of other institutions engaged in financing
exports and imports.
(v) to provide refinance facilities to commercial banks and financial institutions against their
export-import financing activities
1. both (i) and (ii)
2. only (iii), (iv), and (v)
3. All the above
5. Both (ii) and (iv)
16. Which movement encouraged the formation of commercial banks?
1. Swadeshi movement
2. Quit India Movement
3. Non Cooperation Movement
4. Civil Disobedience Movement
5. None of these
17. When did the Government of India appoint a committee under the chairmanship of Shri
M.Narasimham to strengthen the banking system?
1. May, 2006
2. April, 1998
3. December, 1997
4. September, 2005
5. March, 2002
18. Which is the largest commercial bank of the country?

1. Bank of India
2. Canara Bank
3. State Bank of India
4. Union Bank of India
5. Bank of Baroda
19. When did the National Housing Bank start its operations?
1. July, 1982
2. July, 1988
3. April, 1980
4. March, 1971
5. April, 1992
20. The RBI sanctioned the amalgamation of the Centurion Bank with the HDFC Bank on ______.
1. May 23, 2008
2. August 13, 2008
3. June 30, 2009
4. March 31, 2009
5. April 12, 20008
Answers
1.A
2.C
3. D
4.C
5. C
6. A
7. B
8. C
9. D
10. B
11. A
12. B
13. D
14. A
15.C
16.A
17. C
18. A
19. B
20. B

Q1. Birth Anniversary of former President of India Dr. Zakir Hussain was observed on ____.
A. 7th Feb15
B. 8th Feb15
C. 9th Feb15
D. 6th Feb15
E. 10th Feb'15
Q2. Which two Ghats of Ganga in Varanasi have been equipped with Wi-fi facility on 8th Feb15?
A. Assi & Ahilya
B. Dashashwamedha and Sheetala
C. Sheetla and Chowki
D. Assi and Munshi Ghat
E. Assi and Chowki
Q3. From which state none of the representatives attended the first governing council meeting of
NITI Aayog held on 8th Feb15?
A. Karnataka
B. Kerala
C. Jammu & Kashmir
D. West Bengal
E. Jharkhand
Q4. Name the President of Singapore who arrived on a four-day visit to India on 8thFeb15?
A. Dr Tony Tan Keng Yam
B. Lee Hsien Loong
C. Alexis Tsipras
D. Kim Kieslen
E. None of these
Q5. Who has been appointed as the new President of Greece in Feb15?
A. Alexis Tsipras
B. David Cameron
C. Zoe Konstantopoulou
D. Karolos Papoulias
E. None of these
Q6. In which country Gulfood 2015, one of the largest annual food and hospitality trade show in
the region, got underway on 9th Feb15?
A. India
B. Dubai
C. China
D. France
E. Greece
Q7. With which corporation has Indian Railways signed first bilateral power procurement
agreement to purchase 50 MW of electricity?
A. BHEL
B. NTPC
C. Damodar Valley Corporation

D. Power Grid
E. None of these
Q8. Who won the Malaysian Open title for golf in Feb15?
A. Jeev Milkha Singh
B. Tiger Woods
C. Anirban Lahiri
D. None of these
E. All of above
Q9. In which country Fire Volcano started erupting on 8th Feb15?
A. Japan
B. Australia
C. Guatemela
D. Indonesia
E.Geece
Q10. How many public sector banks will get capital infusion as per the announcement made by
the Finance Ministry on 7th Feb15?
A. Nine
B. Eight
C. Ten
D. Twelve
E. four
Answers
1. B
2.B
3. D
4.A
5.C
6.B
7.C
8.C
9.C
10. A
Insurance sector in India

Insurance is an agreement in which a person makes regular payments to a company and
the company promises to pay money if the person is injured or dies, or to pay money equal
to the value of something (such as a house or car) if it is damaged, lost, or stolen or a risktransfer mechanism that ensures full or partial financial compensation for the loss or
damage caused by event(s) beyond the control of the insured party. Under an insurance
contract, a party (the insurer) indemnifies the other party (the insured) against a specified
amount of loss, occurring from specified eventualities within a specified period, provided a
fee called premium is paid. In general insurance, compensation is normally proportionate to
the loss incurred, whereas in life insurance usually a fixed sum is paid.
Some types of insurance (such as product liability insurance) are an essential component of
risk management, and are mandatory in several countries. Insurance, however, provides
protection only against tangible losses. It cannot ensure continuity of business, market
share, or customer confidence, and cannot provide knowledge, skills, or resources to
resume the operations after a disaster.
Brief history of insurance sector

The insurance sector in India has completed all the facets of competition - from being an
open competitive market to being nationalized and then getting back to the form of a
liberalized market once again. The history of the insurance sector in India reveals that it has
witnessed complete dynamism for the past two centuries approximately.With the
establishment of the Oriental Life Insurance Company in Kolkata, the business of Indian life
insurance started in the year 1818.
Important milestones in the Indian life insurance business
1912: The Indian Life Assurance Companies Act came into force for regulating the life
insurance business.
1928: The Indian Insurance Companies Act was enacted for enabling the government to
collect statistical information on both life and non-life insurance businesses.
1938: The earlier legislation consolidated the Insurance Act with the aim of safeguarding the
interests of the insuring public.
1956: 245 Indian and foreign insurers and provident societies were taken over by the
central government and they got nationalized. LIC was formed by an Act of Parliament, viz.
LIC Act, 1956. It started off with a capital of Rs. 5 crore and that too from the Government of
India.
The history of general insurance business in India can be traced back to Triton Insurance
Company Ltd. (the first general insurance company) which was formed in the year 1850 in
Kolkata by the British.
Important milestones in the Indian general insurance business

1907: The Indian Mercantile Insurance Ltd. was set up which was the first company of its
type to transact all general insurance business.
1957: General Insurance Council, an arm of the Insurance Association of India, framed a
code of conduct for guaranteeing fair conduct and sound business patterns.
1968: The Insurance Act improved for regulating investments and set minimal solvency
levels and the Tariff Advisory Committee was set up.
1972: The General Insurance Business (Nationalization) Act, 1972 nationalized the general
insurance business in India. It was with effect from 1st January 1973.
107 insurers integrated and grouped into four companies viz. the National Insurance
Company Ltd., the New India Assurance Company Ltd., the Oriental Insurance Company Ltd.
and the United India Insurance Company Ltd. GIC was incorporated as a company.
Insurance industry, as on 1.4.2000, comprised mainly two players:
(1) Life Insurance Corporation of India (LIC) General Insurers:

(2) General Insurance Corporation of India (GIC) (with effect from Dec'2000, a National
Reinsurer) GIC had four subsidiary companies, namely
i) The Oriental Insurance Company Limited

ii) The New India Assurance Company Limited
iii) National Insurance Company Limited
iv) United India Insurance Company Limited.
(With effect from Dec'2000, these subsidiaries have been de-linked from the parent
company and made as independent insurance companies)
The Insurance sector in India is governed by Insurance Act, 1938, the Life Insurance
Corporation Act, 1956 and General Insurance Business (Nationalization) Act, 1972, Insurance
Regulatory and Development Authority of India (IRDAI) Act, 1999 and other related Acts.
With such a large population and the untapped market area of this population, insurance
happens to be a very big opportunity in India. Today it stands as a business growing at the
rate of 15-20 per cent annually. Together with banking services, it adds about 7 per cent to
the country's GDP .In spite of all this growth the statistics of the penetration of the insurance
in the country is very poor. Nearly 80% of Indian populations are without Life insurance
cover and the Health insurance. This is an indicator that growth potential for the insurance
sector is immense in India. It was due to this immense growth that the regulations were
introduced in the insurance sector and in continuation "Malhotra Committee" was
constituted by the government in 1993 to examine the various aspects of the industry. The
key element of the reform process was Participation of overseas insurance companies with
26% capital. Creating a more efficient and competitive financial system suitable for the
requirements of the economy was the main idea behind this reform. Since then the
insurance industry has gone through many sea changes .The competition that LIC started
facing from these companies were threatening to the existence of LIC. Since the
liberalization of the industry, the insurance industry has never looked back and today stand
as the one of the most competitive and exploring industry in India. The entry of the private
players and the increased use of the new distribution are in the limelight today. The use of
new distribution techniques and the IT tools has increased the scope of the industry in the
longer run.
Insurance sector reforms

In 1993, Malhotra Committee, headed by former Finance Secretary and RBI Governor R.N.
Malhotra, was formed to evaluate the Indian insurance industry and recommend its future
direction.
The Malhotra committee was set up with the objective of complementing the reforms
initiated in the financial sector. The reforms were aimed at "creating a more efficient and
competitive financial system suitable for the requirements of the economy keeping in mind
the structural changes currently underway and recognizing that insurance is an important
part of the overall financial system where it was necessary to address the need for similar
reforms.". In 1994, the committee submitted the report and some of the key
recommendations included:
1) Structure
Government stake in the insurance Companies to be brought down to 50%.

Government should take over the holdings of GIC and its subsidiaries so that these
subsidiaries can act as independent corporations
.All the insurance companies should be given greater freedom to operate.
2) Competition
Private Companies with a minimum paid up capital of Rs.1bn should be allowed to

enter the industry.
No Company should deal in both Life and General Insurance through a single
entity.Foreign companies may be allowed to enter the industry in collaboration with the
domestic companies.
Postal Life Insurance should be allowed to operate in the rural market.Only One State
Level Life Insurance Company should be allowed to operate in each state.
3) Regulatory Body
The Insurance Act should be changed.
An Insurance Regulatory body should be set up.
Controller of Insurance (Currently a part from the Finance Ministry) should be made
independent.
4) Investments
Mandatory Investments of LIC Life Fund in government securities to be reduced from

75% to 50%.
GIC and its subsidiaries are not to hold more than 5% in any company (There current
holdings to be brought down to this level over a period of time).
5) Customer Service
LIC should pay interest on delays in payments beyond 30 days.
Insurance companies must be encouraged to set up unit linked pension plans.
Computerization of operations and updating of technology to be carried out in the

insurance industry.
The committee emphasized that in order to improve the customer services and increase the
coverage of the insurance industry should be opened up to competition.But at the same
time, the committee felt the need to exercise caution as any failure on the part of new
players could ruin the public confidence in the industry. Hence, it was decided to allow
competition in a limited way by stipulating the minimum capital requirement of Rs.100
crores. The committee felt the need to provide greater autonomy to insurance companies in
order to improve their performance and enable them to act as independent companies with
economic motives. For this purpose, it had proposed setting up an independent regulatory
body.
Independent Regulatory Body - IRDAI

Insurance sector has been opened up for competition from Indian private insurance
companies with the enactment of Insurance Regulatory and Development Authority
Act, 1999 (IRDA Act). As per the provisions of IRDA Act, 1999, Insurance Regulatory and
Development Authority (IRDA) was established on 19th April 2000 to protect the interests of
holder of insurance policy and to regulate, promote and ensure orderly growth of the
insurance industry.
IRDA Act 1999 paved the way for the entry of private players into the insurance market
which
was
hitherto
the
exclusive
privilege
of
public
sector
insurance
companies/ corporations. Under the new dispensation Indian insurance companies in private
sector were permitted to operate in India with the following conditions: Company is formed
and registered under the Companies Act, 1956;
The aggregate holdings of equity shares by a foreign company, either by itself or through its
subsidiary companies or its nominees, do not exceed 26%, paid up equity capital of such
Indian insurance company. The company's sole purpose is to carry on life insurance business
or general insurance business or reinsurance business.The minimum paid up equity capital
for life or general insurance business is Rs.100 crores.The minimum paid up equity capital
for carrying on reinsurance business has been prescribed as Rs.200 crores. The Authority
has notified 27 Regulations on various issues which include Registration of Insurers,
Regulation on insurance agents, Solvency Margin, Re-insurance, Obligation of Insurers to
Rural and Social sector, Investment and Accounting Procedure, Protection of policy holders'
interest etc. Applications were invited by the Authority with effect from 15th August, 2000
for issue of the Certificate of Registration to both life and non-life insurers. The Authority has
its Head Quarter at Hyderabad.
India Insurance Policies at a Glance

Indian insurance companies offer a comprehensive range of insurance plans, a range that is
growing as the economy matures and the wealth of the middle classes increases. The most
common types include: term life policies, endowment policies, joint life policies, whole life
policies, loan cover term assurance policies, unit-linked insurance plans, group insurance
policies, pension plans, and annuities. General insurance plans are also available to cover
motor insurance, home insurance, travel insurance and health insurance. Due to the growing
demand for insurance, more and more insurance companies are now emerging in the Indian
insurance sector. With the opening up of the economy, several international leaders in the
insurance sector are trying to venture into the Indian insurance industry.
Current Affairs:Quiz
1. What will be the main theme of Aero India show to be inaugurated by Prime Minister Narendra
Modi on 18thFeb15 in Bengaluru?
A. Make in India
B. Unite India
C. Developed India
D. Extending Air Services in India
E. None of these
2. Name the title of first National Tribal Festival that will begin from 13th Feb15?
A. Aadivaasi
B. Vanmaanas
C. VANAJ
D. TribeFest
E. None of these
3. Which category of students in Delhi will get a hostel as announced by Minister of Development
of North-Eastern Region Dr. Jitendra Singh on 11th Feb15?
A. SC/ST
B. North-Eastern
C. Blind Challenged
D. LGBT
E. All of above
4. Name the former Defence Secretary whose plea for quashing appointment as Comptroller and
Audit General of India is rejected by Supreme Court of India on 11th Feb15?
A. V P Singh
B. S K Sharma
C. H L Gupta
D. Mukul Rohtagi
E. None of these
5. Who has been appointed as the Chairman of Indraprastha Gas Limited?

A. C Rameshwaram
B. M Ravindran
C. K K Gupta
D. None of these
E. None of these
6. Who has acquired the Telugu television channel network Maa Television Network Ltd (MTNL)
including its brand, assets and four channels for an undisclosed amount on 11th Feb15?
A. Sony Entertainment Pvt. Ltd
B. Reliance Entertainment
C. Zee Entertainment
D. Star India Pvt. Ltd.
E. Tata Entertainment ltd.
7. Which bank has launched Indias first digital bank Pockets service to allow anyone to instantly
make transactions on a mobile phone with or without a bank account?
A. HDFC Bank
B. ING Vysya Bank
C. Kotak Mahindra Bank
D. ICICI Bank
E. YES Bank
8. What is Udyanotsav?
A. Planting Sapling Mission
B. Agro Fest
C. Annual Festival at Rashtrapati Bhavan
D. Gardening Project.
E. None of these
9. In which state the Crime and Criminal Tracking Network System Project has been launched?
A. Himachal Pradesh
B. Telangana
C. Manipur
D. West Bengal
E. Sikkim
10. In which country has United States closed its embassy on 10th Feb15 due to the ongoing
political instability?
A. Pakistan
B. Iraq
C. Nigeria
D. Yemen
E. Iran
11. Which country has set Guinness World Record for the worlds largest vertical maze of 55
stories?
A. United States
B. France
C. Dubai
D. India
E. Pakistan
12. Name the Saudi Arabias king who passed away on 23rd Jan15?
A. Salman bin Abdulaziz Al Saud.
B. Abdullah bin Abdulaziz
C. Abdullah Abdullah
D. Salman Abdullah.
E. None of these
13. Which state in India will get first International Institute of Music?
A. Maharashtra
B. Gujarat
C. Bihar
D. Kerala
E. Punjab
14. In which state, Syed Modi International Badminton Championships is being played from 21st
Jan15?
A. Uttar Pradesh
B. Karnataka
C. Andhra Pradesh
D. Gujarat
E. Himachal pradesh
15. Which airline has been allowed by Director General of Civil Aviation, DGCA, to accept advance
bookings beyond the 31st of March?
A. Kingfisher
B. Jet Airways
C. Indigo
D. Spice Jet Airlines
E. Air India
Answers
1.A
2.C
3.B
4.B
5.B
6.D
7.D
8.C
9.A
10.D
11.C
12.B
13.D
14.A
15. D

1. A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to
stop payment. Bank will:
a) Note caution and will advice the payee to contact purchaser of the draft
b) Not act on the request

c) Stop payment
d) Performs no action
2. Mutual funds are required to be registered with:

a) AMFI
b) SEBI
c) IBA
d) RBI
e) NABARD
3. What is Yield Curve Risk?

a) It is a line of graph plotting the yield of all maturities of a particular instrument
b) Yield curve changes its slope and shape from time to time
c) Yield curve can be twisted to the desired direction through the intervention of RBI
d) All of the above
4. The biggest international financial centre in the world:

a) Frankfurt
b) Geneva
c) London
d) New York
e) Paris
5. The expansion of BIFR, in the context of the Indian Industry is:

a) Board for Industrial and Financial Reconstruction
b) Bureau for Industrial and Financial Reconstruction

c) Board for Investment and Financial Reconstruction
d) Bureau for Investment and Financial Reconstruction
e) None of these
6. The largest financial conglomerate of India is:

a) HDFC Bank
b) ICICI Bank
c) IFCI
d) SBI
e) None of these
7. Under which of the following methods of depreciation, amount of depreciation varies every
year?
a) Written Down Value Method
b) Straight Line Method
c) Amount of depreciation does not vary on year to year basis
d) Either a or b
e) None of these
8. Usually, the validity period of an Income Tax Refund Order is:

a) 1 month
b) 2 months
c) 3 months
d) 6 months
e) 4 months
9. Which of the following is true about "White Card"?
a) It is related to companies producing milk products

b) It does not carry on its face, the brand of the issuer
c) It is meant to covert blank money into the economy
d) It is a card that provides white money
e) None of these
10. First bank in India to launch its interactive banking service through Dish TV:
a) HSBC
b) ICICI Bank
c) HDFC Bank
d) Axis Bank
e) None of these
11. First Indian Governor of the RBI:

a) C.D. Deshmukh
b) Sachindra Ray
c) S. Mukherjee
d) D.I.G. Patel
12. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been set up on
the recommendations of:
a) Narashimham Committee
b) Ghosh Committee
c) Chore Committee
d) Kapoor Committee
e) Krishna Committee
13. The primary relationship between the banker and the customer is that of:
a) Trustee and beneficiary
b) Debtor and Creditor
c) Principal and agent
d) Lesser and lessee
e) None of these
14. A debt becomes time-barred after:

a) One year
b) Two and a half year
c) Three years
d) Five years
e) Six years
15. In the matter of handling bills of exchange for collection, the relationship between customer
and the bank is:
a) Trustee and the beneficiary
b) Principal and agent
c) Bailor and bailee
d) All of the above
16. Hypothecation is:

a) A transaction of conditional sale
b) A legal transaction whereby goods may be made available as security for a debt
c) Transfer of ownership by the borrower to the lender
d) Either a or b
17. Payment of a cheque may be countermanded by the ___

a) Payee
b) Drawer
c) True owner
d) Drawee
e) None of these
18. J.S. Verma Committee Report relates to:

a) Strengthening of weak banks
b) Corporate Governance
c) Bank Mechanization
d) All of the above
19. A Usance Bill when presented for acceptance has to be accepted/ dishonoured within:
a) 24 hours
b) 36 hours
c) 48 hours
d) 60 hours
e) 26 hours
20. Invoice is a:
a) Accounting document
b) Legal document
c) Commercial document
d) All of the above
ANSWERS
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20. c
Computer: Quiz
1. __________________ applications refers to those applications in which text, sound, graphics,
motion video and animation are all combined.
a.) Animation
b.) Multimedia
c.) Maxmedia
d.) Flash
e.) None of these
2. A language that refers to the way people think mathematically is called as __________
a.) Functional language
b.) Cross-platform language
c.) Event driven programming language
d.) None of these
3. When you are typing the text in a document, you would need to hit the enter key at the end of
every ____________.
a.) Line
a
b
d
c
a
d
a
c
b
c
a
d
b
c
b
b
b
a
c
b.) Sentence
c.) Paragraph
d.) Word
e.) File
4. ___________________ is a set of rules that tell the computer what to do.
a.) Procedural language
b.) Natural language
c.) Command language
d.) Programming language
e.) Instructions
5. The programs and data processed by the CPU are stored in _______________
a.) Internal Memory
b.) External Memory
c.) Mass Memory
d.) Non-volatile memory
e.) None of these
6. _____________ refers to a set of characters of a particular design.
a.) Calligraph
b.) Typeface
c.) Keyface
d.) Formation
e.) None of these
7. ___________ is the detailed written description of the programming cycle and the program
accompanied by the test results and a printout of the program.
a.) Output
b.) Spec Sheets
c.) Documentation
d.) Report
e.) Detail sheet
8. In a slide presentation, a typical slide does not have ___________
a.) Photo images, charts, graphs
b.) Clip arts
c.) Audio Clips
d.) Content
e.) Full motion video
9. In ____________, a file is transferred from another computer to your computer.
a.) Copy
b.) Upload
c.) Download
d.) Upgrade
e.) RSS
10. ____________ in a computer is used for calculation and comparison.
a.) ALU
b.) ROM
c.) CPU
d.) Control Unit
e.) None of these
11. _____________ is a talk that can be automatically downloaded over the Internet and is
available in Digital Format.
a.) Wiki
b.) Show
c.) Podcast
d.) Blog
e.) Movie
12. _____________ displays each slide of the PPT as a thumbnail and is used to re-arrange them.
a.) Slide Show
b.) Slide Display
c.) Slide Design
d.) Slide Layout
e.) Slide Sorter
13. _____________ are the parallel electrical conducting lines that link different components on
the mother board.
a.) Buses
b.) Conductors
c.) Assemblies
d.) Connectors
e.) None of these
14. The mirror image of the whole hard disk including the OS, applications, files and data is
created by a ______________________.
a.) Utility program
b.) Driver
c.) Backup software
d.) OS
e.) None of these.
15. _______________ is a point and draw device.
a.) Scanner
b.) Printer
c.) Mouse
d.) Keyboard
e.) CD- ROM
16. Which of the following deals with data organised in rows and columns?
a.) Matrix
b.) Spreadsheet
c.) Word document
d.) PPT
e.) MS Paint
17. If you want to find the Paste Special option, you would use the Clipboard group on the tab of
PowerPoint _____________.
a.) Home
b.) Slideshow
c.) Page Layout
d.) Design
e.) Insert
18. _________ are usually downloaded into the folder carrying Temporary Internet Files and are
written into the computer by the websites you visit.
a.) Anonymous Files
b.) Cookies
c.) Banner Ads
d.) Images
e.) History
19. _______________ refers to the letter and number of the intersecting column and row.
a.) Cell address
b.) Cell location
c.) Cell position
d.) Cell column
e.) Cell row
20. In a pull down menu if you see that a command appears faded, it means that ____________
a.) the command is not applicable to this document.
b.) the command is not accessible at the moment.
c.) there are no keystrokes equivalent to those commands.
d.) None of these
e.) All of these
Answers
1.B
2.A
3. C
4. D
5. D
6.B
7. B
8.E
9.C
10. A
11.C
12.E
13.A
14. C
15.C
16. B
17. B
18.B
19.A
20B
GK Questions asked in SBI Associate Clerk - 22nd February

2015
We are posting Some of the GA and Banking questions asked in the SBI Associate Clerk exam, held on
22nd February 2015
Under 17 FIFA World Cup hosting country - India
Nobel prize for economics 2014 - Jean Tirole
Maximum cancer cases is in which state of India - Punjab
Indian Company with max turnover as per fortune 500 - IOCL
EMI full form - Equated Monthly Installment
Who appoints ombudsmen - RBI
MacMohan line divides which countries? - India and China
Which is used by banks in their daily routine working and transactions? - Negotiable
instruments Act.
Arun Jaitley is a Rajya sabha member from which state ? - Gujarat
NABARD full form. - National Bank for Agriculture and Rural Development
Which is fastest channel for transferring money - RTGS
Largest iron ore mine in world - Carajs Mine, Brazil
Which is most profit making PSU company in INDIA - ONGC
Naira is the currency of which country? - Nigeria
location of Headquarters of WTO and IAEA - Geneva & Vienna.
Which is the following is the non institutional credit - Trade Credit
IFRS full form - International Financial Reporting Standards.
Nehru Trophy with which game - Football
NDB full form - New Development Bank.
Least populous state in India as per census 2011 - Sikkim
Godavari Pushkaralu is organised in which state? - Andhra Pradesh
Corporate Social Responsibility committee headed is by - Anil Baijal

1. Name the indigenously developed nuclear-capable surface-to-surface missile,
successfully tested from a test range at Chandipur off Odisha coast on 19th
Feb15?
A. Agni V
B. Aakash-III
C. Agni VI
D. Prithvi-II
E. None of these
2. Democracy Day or Rashtriya Prajatantra Diwas was celebrated in Nepal on ____.

A. 20th Feb15
B. 19th Feb15
C. 18th Feb15
D. 17th Feb15
E. 21st Feb15
3.Which state government will launch about one thousand Agri-Junctions to

provide not only farm inputs and equipments to the farmers, but also business
opportunities to rural youth and employment to agriculture graduates?
A. Uttar Pradesh
B. Gujarat
C. West Bengal
D. Maharashtra
E. Orrisa
4. For how many central government services, the government has launched a
single window e-Biz portal to bring transparency and ease of doing business in
the country on 19th Feb15?
A. 3
B. 7
C. 11
D. 18
E. 15
5. Name the former Indian Captain who has been chosen to be inducted into the
ICC Cricket Hall of Fame with all times greatest cricketers during World Cup Match
between India and South Africa on 22nd Feb15?
A. Sourav Ganguly
B. Kapil Dev
C. Sachin Tendulkar
D. Anil Kumble
E. Virender sehwag
6.Which telecom company in India has signed a partnership agreement with

UNICEF to provide health, education and youth focused content to its customers
in 17 African Countries?
A. Idea
B. Airtel
C. BSNL
D. Reliance
E. Tata
7. What is the new Eligibility limit for Foreign Exchange Remittances under Liberalized Remittance
Scheme announced by the RBI on 3rd Feb15?
A. $ 2,00,000
B. $1,25,000
C. $3,00,000
D. $2,50,000
E. $2,30,000
8. Name the MINILAB developed for soil analysis and fertilizer advisory by the
Indian Institute of Soil Science, Bhopal?
A. SOIL TESTER
B. MRIDAPARIKSHAK
C. MITTIPARIKSHAK
D. SOIL ANALYZER
E. None of these
9.Name the fashion portal acquired by Snapdeal.com on 18th Feb15?

A. jabong.com
B. firstcry.com
C. exclusively.com
D. fashionbazaar.com
E. None of these
10. Name the first air quality checking Mobile App launched in India on 17th
Feb15?
A. SAFAR-Air
B. QC-Air
C. IITM-Air
D. None of these
E. All of these
11.As per the sixth bi-monthly monetary policy statement made by RBI in Mumbai
on 3rd Feb15, by what basis points Statutory Liquidity Ratio has been slashed?
A. 25 basis points
B. 35 basis points
C. 50 basis points
D. Unchanged
E. None of these
12.Reserve Bank of India has estimated the Current Account Deficit (CAD) for
2014-15 at ___ percent of the GDP on 3rd Feb15.
A. 2.3%
B. 1.3%
C. 6.9%
D. 6.5%
E. 5.5%
13.The first bi-monthly monetary policy statement for fiscal year 2015-16 is
scheduled on which month?
A. March
B. May
C. April
D. August
E. June
14. Name the head of the committee constituted by the Reserve Bank of India on
3 February 2015 to evaluate applications received for the proposed small finance
banks?
A. R Gandhi
B. Usha Thorat
C. Dr. Nachiket Mor

D. Anand sharma
E. None of these
15. Name the head of the committee constituted by the Reserve Bank of India on
3rd Feb15 to evaluate applications received for payment banks?
A. Dr. Nachiket Mor
B. Dr. Urjit Patel
C. S Mundra
D. Raghuram Rajan
E. None of these
Answer
1. D
2. B
3. A
4. C
5. D
6. B
7. D
8. B
9.C
10.A
11. C
12. B
13. C
14. B
15. A
GK Questions asked in today's SBI Associate Clerk Exam - 21st

February 2015 (Morning Shift)
We are Sharing some of the GK Questions asked in today's SBI Associate Clerk Exam. Thank you for
sharing the questions with us.
Ajinke Rahane and Raidu related to which game? - Cricket
S. Jaishankar is appointed as? - Foreign Secretary
Whom did Saina Nehwal defated in Syed Modi Grand trournament? Caroline Marin
Chillika lake is in which state of India? Orissa
World Food Program is in? Rome
Recently who Received Padma Vibhushan award?
Malaysian currency - Ringgit
Next I20 Matches Will be held on which Country - India
World Social Justice Day - 20 February
Orapa, largest diamond mine is in which place? Botswana
Savio cup held in which place? Maharashtra
Durga Prasad IAS cadre officer is the head of? CRPF
Who regulates mutual funds? SEBI
Cheque which is not crossed is called Open cheque
Zimbabwe President - Robert Mugabe
Currency of Japan- Japanese Yen
Tallest plunge waterfalls in India? Nohkalikai Falls, Cherrapunji
Cricket World Cup 2019 England and wales
Chao lake is China
Harsimrat Kaur Badal is MP of - Bathinda
Baht current of which country - Thailand
Quiz: Reading Comprehension
The Revolution Begins - Arvind Panagariya
With Finance Commission recommendations, Centre-state relations set to undergo dramatic change
Any big change requires big ideas, decisive leadership and happy coincidence of circumstances. Nothing
illustrates this better than the unfolding story of cooperative federalism in India.
As chief minister of Gujarat, Narendra Modi had often argued that the central government implemented
schemes were at odds with the state's needs and priorities. For example, schemes that provided funds for
electrification were at best of limited value to Gujarat since it had already achieved near 100%
electrification. This state could have spent the money provided for such a scheme more productively if
allowed to use it for other purposes.
In advancing this view, Modi was joined by other chief ministers such as Vasundhara Raje of Rajasthan
who argued that the vast numbers of central schemes further restricted their fiscal space because many
of them required matching contributions by them from their otherwise untied funds. Once these matching
funds were committed to access central schemes, states were left with very limited funds for even the
most important expenditure items such as enforcement of law and order.
Nevertheless, this system has remained entrenched in one form or another in the last several decades
on account of coincidence of three factors. First, outside of state leaders and a few economists and policy
analysts, advocates of the view that true federalism means giving greater fiscal space to states and
trusting them in setting their own priorities have been few and far between.
Second, the Finance Commission appointed once every five years plays a key role in the division of tax
revenues between Centre and states. Consistent with the first point, successive Finance Commissions
held untied funds to the states at or below 30% of the divisible tax pool. Only the 13th Finance
Commission exceeded this mark, setting states' share at 32%.
Finally , successive central governments have chosen to transfer the bulk of the remaining funds to the
states via central and centrally sponsored schemes. With nearly 8% growth over an entire decade, tax
revenues have significantly expanded. Alongside, central and centrally sponsored schemes and the
revenue resources they absorb have expanded dramatically as well.
Two key factors have come together to dramatically alter this equilibrium.One, India now has a prime
minister who was once a chief minister and strongly feels that cooperative federalism means greater fiscal
and legislative space for states. And two, by a happy coincidence, the chairman and members of the 14th
Finance Commission believe in genuine federalism themselves.
Moreover, they have recognised the opportunity offered by a prime minister at the helm who truly
believes in the power of states and their leaders. Accordingly , they have recommended that starting
2015-16, states be awarded 42% of the divisible pool of tax revenues.This is a gigantic and
unprecedented 10% jump in devolution.
Predictably , the prime minister and his Cabinet have accepted this bold recommendation of the 14th
Finance Commission.
What implications does this change have? For starters, with larger transfers coming as untied funds,
states also have greater responsibility in discharging their duties. It is likely that they will now have to take
greater responsibility in areas that have been hitherto covered by the Centre, especially those falling on
the state list. States will also have to do this in ways that are more consistent with their priorities and not
according to one size fits all schemes. By the same token, with a lower share in the divisible pool the
Centre's fiscal space will shrink, requiring a rethink of central and centrally sponsored schemes.
One might ask where does Niti Aayog fit into this story? I am tempted to say that in replacing the Planning
Commission by Niti Aayog, Prime Minister Modi may have anticipated the 14th Finance Commission.
Under the previous regime, the Centre was often seen as giver and states as recipients thereby
making the latter feel that they were less than equal partners. In replacing the Planning Commission by
Niti Aayog, the prime minister sought to change that equation and forge an equal relationship between the
two sides. As such this change represents a step towards cooperative federalism.
We will have a more complete picture of the emerging Centre-state relations this Saturday when the
finance minister presents the budget. But even with what we now know, one thing is clear: in the years to
come, Niti Aayog will have to play a much greater role in the knowledge space. Greater fiscal freedom
combined with greater legislative freedom in areas covered by the concurrent list of the Constitution
means that states will need to play a more active role in designing their own programmes and policies.
As they do so, they will need to reach out to data, analysis and expert advice.The design of Niti Aayog as
per the Cabinet Note of 1 January 2015 positions it well to provide these services. By the same token,
those of us at Niti Aayog have to work hard in the months to come to build new strengths so that we do
not disappoint the states that reach out to us for advice and assistance. We shall see.
The writer is Vice Chairperson of Niti Aayog.
Sources - The Times of India
Directions: (1-6): Read the following passage carefully and answers the questions
given below it. Certain words are given in bold to help you locate them while
answering
some
of
the
questions.
Ques. 1 As the Chief Minister of Gujarat, Narendra Modi why argued that the Central Government
implemented schemes are at odds for the state government?
a) Because the Central Government was not paying the equal amount of funds for all the states.
b) Because, he being from the opposition, want to criticize the steps taken by the Central Govenrment
and leave an impression on the general public mind that what a crook central government is.
c) Because Central Government doesn't take in the picture all the perspective while allocating the funds.
d) Because he wanted more funds for filling his and his cabinet minister's pocket.
e)
None
of
these
Ques. 2 Why Vasundhara Raje decided to join the views of Narendra Modi?
a) Being from the same party, she had no choice but to join hand in hand with her party leader.
b) Vasundhra Raje and Narendra Modi had a hidden plan of going against any of the good initiatives
taken
by
the
Central
Government.
c) Vasundhra Raje was also facing the atrocities of Central Government and want to raise her voice with
Narendra
Modi.
d) Vasundhra Raje, being a Chief Minister of a state of India, where central schemes are restricted the
fiscal space of the state government, feels that it is injustice on the part of Central Government.
Ques. 3 The writer referred the PM's view of cooperative federalism, what do you understand by
cooperative
federalism?
a)
It
means
a
more
prominent
role
for
the
Centre,
than
states.
b)
It
means
the
competitiveness
between
the
Centre
and
the
state.
c)
It
means
more
competitiveness
among
states
d)
It
means
a
sync
in
relation
among
the
states
and
the
centre.
e) It
means
a
sync
in
relation
among
the
states
Ques
4.
What
does
writer
meant
by
"one
size
fits
all"
schemes?
a) NITI Ayog will makes schemes that would be
equally beneficial for all.
b)
Previously,
the
schemes
were
more
transparent
and
object
oriented.
c) Planning Commission were making schemes without considering the crucial scenario in the sates.
d) Planning Commission was making more precise schemes, so as to address the actual needs of the
states.
e)
None
of
these
Ques.
5
Why
the
Government
did
a)
To
transfer
the
funds
b)
Shed
of
the
extra
responsibility
c)
To
make
state
d)
To
increase
the
extent
e)
To
appease
the
non
a
in
of
10%
increase
in
devolution?
the
hands
of
state.
the
state
sponsored
schemes.
more
self
dependent.
of
authority
on
states.
BJP
states
in
India.
Ques 6. What is the drastic change of the policy in NITI Ayog from that was in Planning
Commission?
a)
Now
states
will
b)
States
will
c)
Centre
has
given
the
d)
Both
e)
Both
have
equal
equation
have
more
responsibility
to
states
to
a
b
with
the
financial
draft
every
and
and
centre.
freedom
scheme.
b
c
Directions (7-10): Which of the following words is the same in meaning as the
word
printed
in
bold
as
used
in
the
passage:
Ques
7.
Entrenched
a)
disorganize
b)
unsettle
c)
establish
d)
weaken
e)
dissuade
Ques
a)
b)
c)
d)
e)
Ques
a)
b)
c)
d)
e)
Ques
a)
b)
c)
d)
e) deprived of power
ANSWERS
1.
2.
3.
4.
5.
6.
7.
8.
8.
Helm
rein
bottom
last
large
middle
9.
until
As
far
10.
dispersal
control
bound
easing
of
of
by
of
Hitherto
last
now
since
as
likely
Devolution
power
power
power
power
c
d
d
c
a
d
c
a
9.
10. a
Railway Budget Live

Here we are posting the live proceedings of the Rail Budget presented by the new Rail minister Mr.
Suresh Prabhu. Follow us and Keep refreshing for more updates.
Revamp of Railway Staff Quarters and RPF barracks.
Rs.2000 cr for Coastal Connectivity Program; Rs.2500 cr through BOT/Annuity route. 1000
MWSolar plant; 100DEMUs to dual fuel
Setting up Kayakalp to help in Technology Upgradation.
Decentralise, deregulate and delegate to make freight business simpler.
1,00,011 Cr. Planning Budget in 2015-16
Corporate safety Plans; ISRO to be involved; 3438 level Xings to be eliminated, Rly expense
increased by 2600%
MUTP-III project for Mumbai.
Malviya Chair at IIT BHU for Railway technology excellence.
Train Protection Warning Systems and Anti colliding system to be develope by RDSO.
Mumbai - Ahmedabad Bullet Train project is in last stage.
Automatic Freight Scheme to be launched in Pan India.
Increase of speed of 9 Trains from 110 km/hr and 130 km/hr to 160 km/hr.to 200 km/hr.
8.5 lakh crore rupees to be invested in the railways in the next 5 years.
Operating ratio proposed at 88.5%. Best ever in 9 years.
No increase in rail fare.
Increase track length by 20 per cent and passenger carrying capacity from 21 to 30 million.
Private agencies to be roped in for cleanliness drive.
Free Wi-fi facility to B class stations under the scheme of Digital India.
Facility of self operated lockers at stations & mobile phone charging facilities in general class.
Mobile phones charging facilities in all train compartments.
Modern facilities for disabled citizens, senior citizens, patients through IRCTC.
Surveillance cameras in select coaches and ladies compartments for women's safety without
compromising on privacy.
SMS alert on mobile, customer portal promoting digital India campaign.
Unreserved ticket purchase made simplier through smart phones; debit cards.
Bio toilets in trains; airplane type toilets in trains.
General Awareness Quiz - Part I

1. India financial system comprises of ...........
1) Scheduled commercial banks
2) Non-banking financial institutions
3) Urban cooperative banks
4) All of these
5) None of these
2. The "Channapatna toys" are a particular form of wooden toys that are manufactured in which
state?
1) Andhra Pradesh
2) Karnataka
3) Maharashtra
4) Kerala
5) Uttar Pradesh
3. Headquarters of SIDBI is located at ..........

1) Varanasi
2) Lucknow
3) New Delhi
4) Kolkata
5) Mumbai
4. The number of Foreign Banks operating in India are ...........

1) 20
2) 25
3) 28
4) 32
5) 35
5. Which of the following is an example of financial assets?

1) National Saving Certificates
2) Infrastructure bonds
3) Indira Vikas
4) Krishi Vikas
5) All of these
6. Who among the following has won the prestigious DSC Prize for Literature, one of the South
Asia's top literary awards?
1) Amrita Lahiri
2) Jhumpa Lahiri
3) Aravind Adiga
4) Amitav Ghosh
5) None of these
7. Which of the following banks has launched banking service on Twitter which allows customers
to transfer money using the social networking site, recently?
1) ICICI Bank
2) HDFC Bank
3) Axis Bank
4) Both 2 and 3
5) None of these
8. The Present Marginal Standing Facility (MSF) rate is ...............

1) 8.75%
2) 8.00%
3) 7.75%
4) 8.50%
5) None of these
9. ICC Twenty 20 World Cup 2016 will be held at .............

1) West Indies
2) Sri Lanka
3) Bangladesh
4) India
5) Australia
10. Axis Bank board reappointed ............. as the bank's managing director and chief executive
officer (MD and CEO) for a three-year period
1) Shikha Sharma
2) Arundhathi Bhattacharya
3) Usha Anantha Subramanyam
4) Vijayalakshmi R Iyer
5) None
11. The Rara Lake is the biggest lake of ...........

1) Nepal
2) Sri Lanka
3) India
4) China
5) None of these
12. Co operative Bank in India has ....... system.

1) Two tier system
2) Three tier system
3) Four tier system
4) Five tier system
5) None of these
13. Which of the following bodies promoted Securities Trading Corporation of India Limited (STCI)
jointly with the public sector banks?
1) SEBI
2) ICICI Limited
3) IDBI Limited
4) RBI
5) IRDA
14. On 19th January 2015 Reserve Bank of India asked banks to notify the Base Rate or the
minimum lending rate, at least once in every .... months based on the cost of funds.
1) Three
2) Four
3) Five
4) Six
5) None of these
15. All venture Capital funds must be register with .................

1) RBI
2) SEBI
3) Registrar of Companies
4) Either 1 or 2
5) None of these
16. According to latest tiger census report (2015), which among the following states has recorded
highest number of tigers?
1) Telangana
2) Tamilnadu
3) Andhra Pradesh
4) Kerala
5) Karnataka
17. The Pancheshwar Multipurpose

between .............
1) India & Bhutan
2) India & Bangladesh
3) India & Nepal
Project (PMP)
is
a bi-nation
hydropower project
4) India & Australia

5) None of these
18. The National Financial Switch, the largest shared automated teller machines in India, is run
by .............
1) Reserve Bank of India
2) Finance Ministry
3) National Payments Corporation of India
4) Only 1 and 2
5) None of these
19. To celebrate the power of voters, the Election Commission of India has been organizing
"Matdata Mahotsava" in which city?
1) Hyderabad
2) New Delhi
3) Kolkata
4) Mumbai
5) Both 2 and 3
20. India's first and only container trans-shipment terminal is in .............

1) Hyderabad
2) Mangalore
3) Ananthapuram
4) Vallarpadam
5)
ANSWERS:
1-4
None
of
these
2-2
3-2
4-4
5-2
6-2
7-1
8-1
9-4
10-1
11-1
12-2
13-4
14-1
15-2
16-5
17-3
18-3
19-2
20-4
Banking Awareness : Quiz

1. Cryptocurrency is a _______ .
A. Digital Medium of Exchange.
B. Plastic Money.
C. Digital payment
D. Both A & B
E. None of these.
2. Computer Emergency Response Team India comes under ___________.

A. Ministry of Communications and Information Technology
B. Ministry of Commerce.
C. RBI
D. Department of Information & Technology.
E. None of these
3. Which country did not participated in the 44th World Economic Forum ?
A. India.
B. Israel
C. Iran
D. None of these
E. All of these
4. Which panel is scrutinizing applications for new bank licences.

A. P Chidamabram.
B. C.N.R. Rao Panel.
C. Bimal Jalan Panel.
D. Raghuram Rajan
E. None of these.
5. Which one is not the most common objective of Banking regulations ?

A. Systematic Risk Reduction.
B. Credit Allocation
C. Prudential Objectives
D. Market Discipline.
E. None of these
6. Which statement is not correct about Capital Adequacy Ratio ?

A. It is a thermometer of Banks Health.
B. It is the ratio of its Capital to its Risk.
C. It can indicate the Capacity of the Banks ability to absorb the possible losses.
D. A good CAR makes vulnerable to the Depositors and lose faith in the banking system.
E. None of these
7. In which year India become a member of Financial Action Task Force ?

A. 1978
B. 2000
C. 2010
D. 1994
E. 2012
8. __________ was appointed by PM in July 2012 to look into taxation of IT sector.

A. Rangachary committee
B. Bimal Jalan Committee
C. C N R Rao Committee
D. Damodran Committee
E. None of these
9. Which award is given for an Outstanding Woman Reporter in India ?

A. Chameli Devi Jain Award
B. Padma Shree Award.
C. Patrakarita Award.
D. Mahila Patrakar Award.
E. None of these
10. In April 2013, A Bill has been introduced in the Lok Sabha to raise the
authorised capital of the Regional Rural Banks to Rs _____ .
A. 1000 Crore
B. 500 Crore
C. 2500 Crore
D. 5 Crore
E. 10 Crore
11. In Take Out Financing there is/are how many parties involve ?
A. One
B. Two
C. Three
D. Four
E. Five
12. In India, main Products of Retail Banking are ________.

A. Loan products
B. Card Products
C. Deposit Products
D. All of these
E. None of these
13. Microcredit is defined as _____.

A. It is the small credit given to poor.
B. It is the instalment given by Farmers against Loan.
C. It is the amount given by Govt. for Small Industries Development.
D. None of these.
E. None of these
14. Priority Sector does not includes the _____.

A. Agricultural Finance
B. Education Loans
C. Housing loans
D. Life Insurance Policy
E. All of these
15. Financial Inclusion is also known as ________.

A. Social Responsibility of the Banking and Govt. System.
B. Delivery of Financial Services at an affordable cost
C. Delivery of banking services at an affordable cost.
D. All of these
E. None of these
16. Kelkar Committee Gave recommendations on ___________.

A. Tax Structure Reforms
B. Delisting in Share market
C. Broad Frame work of Insurance Sector
D. Company Law Reforms
E. None of these
17.Which one is not the Government Securities ?

A. T- Bill.
B. Floating rate Bonds
C. Dated Securities
D. Call/Put Option Bonds.
E. Gilt edged secruities
18. Your Perfect banking Partner is the punch line of ______ Bank.
A. Federal Bank
B. UTI Bank
C. BOB
D. Bank of Maharastra
E. None of these
19. Head office of Bank of Maharashtra is located at ________.

A. New Delhi
B. Bhopal
C. Pune
D. Mumbai.
E. Kolkata
20. In which year, Credit Guarantee Corporation created ?

A. 1975
B. 1988
C. 1971
D. 2001
E. 2003
Answers
1.A
2.A
3.D
4.C
5.D
6.D
7. C
8. A
9.A
10. B
11.C
12.D
13.A
14.D
15. D
16. A
16. A
17.A
18. A
19. C
20..C
Computer Quiz
1. The vast network of computers that connects millions of people all over the world is called _____.
1) LAN
2) Web
3) Hypertext
4) Internet
5) None of these
2. The property that, when classes are arranged in a hierarchy, each class assumes the attributes and
methods of its ancestors is _______.
1) generalization
2) inheritance
3) encapsulation
4) information hiding
5) None of these
3. The software component of an expert system that draws conclusions is the _____.
1) user interface
2) database
3) inference engine
4) I/O controller
5) model base
4. The attributes and methods for each object are stored in _______.
1) an object instance
2) an object connection
3) an assembly structure
4) an object repository
5) None of these
5. An E-R diagram is a graphic method of presenting ____.

1) primary keys and their relationships
2) primary keys and their relationships to instances
3) entity classes and their relationships
4) entity classes and their relationships to primary keys
5) None of these
6. ________ is an invalid type of database key.

1) Structured primary key
2) Atomic primary key
3) Primary key
4) Composite primary key
5) None of these
7. A processor that collects the transmissions from several communications media and sends them over a
single line that operates at a higher capacity is called ______.
1) multiplexor
2) bridge
3) hub
4) router
5) None of these
8. Bandwidth refers to _______.
1) the cost of the cable required to implement a WAN

2) the cost of the cable required to implement a LAN
3) the amount of information a peer-to-peer network can store
4) the amount of information a communications medium can transfer in a given amount of time
5) None of these
9. _________ is a primary key of one file that also appears in another file.
1) Physical key
2) Primary key
3) Foreign key
4) Logical key
5) None of these
10. The technique that extends storage capacities of main memory beyond the actual size of the main
memory is called _______.
1) multitasking
2) virtual storage
3) multiprocessing
4) multiprogramming
5) switching
11. Customers, facilities, knowledge workers, business information, communication infrastructure and
computer equipment are all considerations in a good _______ plan.
1) Hacker
2) Disaster recovery
3) Security
4) Risk management
5) None of these
12. Which of the following correctly defines the term E-Banking?

A) It is the short form of Efficient Banking which means providing all banking related services to the
customers in minimum required time during their visit to the branch.
B) E-Banking is providing banking facilities to all the customers through ATMs only which restricts their
visits to a bank branch to a bare minimum.
C) E-Banking implies provisions of banking products and services through electronic delivery channels
like ATMs, Phone, internet, mobile phones etc.
1) Only A
2) Only B
3) Only C
4) Only A & B
5) Only A & C
13. SMTP, FTP and DNS are applications of the ____ layer.
1) data link
2) network
3) transport
4) application
5) None of these
14. In a database, information should be organised and accessed according to which of the following?
1) Physical position
2) Logical structure
3) Data dictionary
4) Physical structure
5) None of these
15. Traffic in a VPN is not ______.
1) invisible from public networks

2) logically separated from other traffic
3) accessible from unauthorised public networks
4) restricted to a single protocol in IP Sec
5) None of these
16. A ________ is not a form of Biometrics.

1) fingerprint
2) password
3) retina scan
4) breath scan
5) None of these
17. A compiler ______.

1) translates machine language into a high level language
2) translates one statement at a time as the program executes
3) translates two statements at a time as the program executes
4) produces object code
5) is less sophisticated than an assembler
18. References to each file on a disk are stored in a ______.

1) file allocation table
2) root allocation table
3) linking directory
4) root directory
5) directory allocation table
19. A sender must not be able to deny that he sent a specific message when he in fact did. This is an
aspect of security called ______.
1) privacy
2) authentication
3) integrity
4) non-repudiation
5) None of these
20. _______ is an access method in which collisions are entirely avoided.

1) CSMA
2) CSMA/CD
3) CSMA/CA
4) All of these
5) None of these
1. 4
2. 2
3. 3
4. 4
5. 3
6. 1
7. 1
8. 4
9. 3
10. 2
11. 4
12. 3
13. 4
14. 2
15. 2
16. 2
17. 4
18. 1
19. 4
20. 5
BUDGET 2015 - LIVE Updates

Hello Readers,
Today is the biggest day in the life of Finance Minister Mr. Arun Jaitley as he presents the first full budget
of Modi Government. Will he stamps his authority today? or This budget will turn out to be a deflated one,
Catch
all
the
live
updates
here.
Keep
refreshing
for
the
latest
information.
Key
Highlights
Quoting PAN a must for all purchases above Rs 1,00,000
Corporate tax reduced from 30% to 25% over next four years
Defence allocation for this fiscal is Rs 2,46,727 crore.
AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam.
Govt to raise visa-on-arrival facilities to 150 countries from 43
Govt to introduce Indian gold coin with Ashoka sign on it.
Proposes 5 ultra mega power projects for 4,000 MW each: FM
Investment in infrastructure to go up by Rs 70,000 crores: Jaitley
We are committed to subsidy rationalisation based on cutting leakages: Jaitley
States get 62% of the total resources now: Arun Jaitley
GST to be put in place by April 1, 2016: FM
Will finish the journey to 3% fiscal deficit in two years: FM
With all humility I submit that this opportunity has risen because we have created it: FM
Cabinet meet on, Jaitley answers queries by ministries before Budget presentation
Finance minister Arun Jaitley reaches Parliament.
Spread the JAM so fruits of subsidy reach the needy
Congress: Make in India should find focus in the Union Budget.
Sensex rises more than 200 points in opening trade.
India in 'sweet spot', poised for double-digit growth: Survey
Govt to reduce custom duty on 22 items
Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions announced.
All contributions to Sukanya Samridhi scheme to be tax free.
Transport allowance, which is currently Rs 800 per month, has been increased to Rs 1600 per
month: Arun Jaitley.
Additional deduction of Rs 50,000 for pension contributions.
Govt increases limit of deduction of health insurance premium from Rs 15,000 to Rs 25,000.
100% deduction for contribution to Swachch Bharat and Clean Ganga schemes.
Rs 150 core to create world class IT hub in India: FM
Net gain from tax proposals seen at 150.68 billion rupees in 2015-16.
Direct tax proposals will lead to loss of Rs 8,315 crore; indirect proposal will yield Rs 23,383
crore.
We have been consistent in what we have said and what we are doing: Arun Jaitley.
Yoga included in the ambit of charitable purposes under the Income Tax Act.
Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions announced.
All contributions to Sukanya Samridhi scheme to be tax free.
Transport allowance, which is currently Rs 800 per month, has been increased to Rs 1600 per
month: Arun Jaitley.
Additional deduction of Rs 50,000 for pension contributions.
1. Goodwill ambassador for the National games 2015 is .................

1) Dhoni
2) Sachin Tendulkar
3) Amitabh Bachhan
4) Amir Khan
5) None of these
2. In order to create space for banks to expand credit, RBI reduced the SLR from 22.0% to...
1) 21.75%
2) 20.0%
3) 20.5%
4) 21.5%
5) 21.0%
3. Currently, who among the following is the world's oldest monarch?

1) Queen Elizabeth II
2) Emperor of Japan
3) King of Thailand
4) Queen Victoria
5) Queen Diana
4. Which committee has submitted report on restructuring of FCI?

1) Abhijith Sen
2) M. S. Swaminathan
3) Shanta Kumar
4) Ayaesh Goya
5) Arvind Panagariya
5. World's largest vertical maze has been unveiled recently in .............

1) Taiwan
2) Tokyo
3) Dubai
4) Shanghai
5) Thailand
6. The "Tunnel of Time" is the autobiography of......

1) Rajni Kothari
2) M.S. Narayana
3) P. Chidambaram
4) R.K. Laxman
5) Amartya Sen
7. ICC has revoked the five year ban imposed on Mohammad Amir. He is the bowler in ........
1) India team
2) Bangladesh team
3) Sri Lanka team
4) Pakistan team
5) Zimbabwe team
8. Recently, a first of its kind in the world economic valuation of tiger reserves has been
conducted in India. As per the study which tiger reserves has highest annual flow benefits?
1) Corbett Tiger Reserve
2) Ranthambore Tiger Reserve
3) Periyar Tiger Reserve
4) Kanha Tiger Reserve
5) None of these
9. World Cancer day observed on ..............

1) 30 January
2) 12 March
3) 4 February
4) 24 March
5) 7 April
10. Which among the following states is the site for India's first International Institute of Music?
1) Kerala
2) Assam
3) Haryana
4) Madhya Pradesh
5) Telangana
11. 45th World Economic Forum annual meeting took place in .................
1) Washington
2) New York
3) Paris
4) Davos
5) None of these
12. Board of Financial Supervision (BFS) of RBI started in ...............

1) 2001
2) 1994
3) 1998
4) 2008
5) 2000
13. Recently, which one of the following schemes of union government has entered into Guinness
book of world record?
1) MGNREGA
2) Prime Minister Jan Dhan Yojana
3) Swatcha Bharat Abhiyan
4) Indira Awas Yojana
5) Beti Bachao Beti Padhao
14. Finance Core Banking and McCamish Insurance products are going to be launched
by ..............
1) Infosys
2) Tech Mahindra Satyam
3) TCS
4) Pantla
5) None of these
15. RBI permitted to open first Sharia based Non Banking Finance Company in .............
1) Goa
2) Jammu and Kashmir
3) Kerala
4) Odisha
5) AP
16. The bank which opened customer service point to extend financial inclusion targeting Urban
Poor?
1) Union Bank of India
2) ICICI
3) SBI
4) Syndicate Bank
5) Yes Bank
17. Who among the following has won the women's and men's singles titles, respectively at Syed
Modi International Badminton Championship?
1) Carolina Marina and P Kashyap
2) Saina Nehwal and K Srikanth
3) Saina Nehwal and P Kashyap
4) Saina Nehwal and Pullela Gopichand
5) None of these
18. The CRR is to be maintained by Commercial Bank in the form of ..........

1) Cash in hand at branches
2) Balance with other banks
3) Balance in a special account with RBI
4) Funds in the currency chest
5) Any of the above options
19. Which one of the following is a Credit Card association?

1) India Card
2) Master Card
3) SBI Cards
4) City Bank Cards
5) BOB Card
20. The United Nations general assembly has declared the year 2015 as .............
1) International Year of Seas
2) International Year of Water
3) International Awards
4) International Year of Soils
5) None of these
ANSWERS
1-2
2-4
3-1
4-3
5-3
6-4
7-4
8-3
9-3
10-1
11-4
12-2
13-2
14-1
15-3
16-3
17-3
18-3
19-2
20-4

1. Name the eminent Marathi writer who has been selected for the prestigious
Jnanpith award for the year 2014?
A. Vishnu Sakharam Khandekar
B. Khuswant Singh
C. Bhalachandra Nemade
D. Sabaanis Mahadev
E. None of these
2. Who will inaugurate the Head of the Missions Conference scheduled to be held
in New Delhi on 7th Feb15?
A. Smriti Irani
B. Narendra Modi
C. Prakash Javdekar
D. Suresh Prabhu
E. None of these
3. In which region, has Gujarat government decided to set up Plast India
International University in partnership with University of Massachusetts Lowell?
A. Vapi
B. Surat
C. Valsad
D. Sabarmati
E. None of these
4. In which city, AYUSH Ministry inaugurated AROGYA health fair on 6th Feb15?
A. Raipur
B. Ranchi
C. Bhopal
D. Bhubaneshwar
E. Chennai
5. Which countrys Entrepreneurs has India invited to invest in Mega Food Parks
and Cold Chain?
A. Liberia
B. Lebanon
C. China
D. Japan
E. Austria
6. Name the Web portal which will be launched by the Union Ministry of Home
Affairs providing the general people an access to a large number of security
related applications in India?
A. GovtSecurity.gov.in
B. MySecurity.nic.in
C. MySecurity.org
D. MySecurity.gov.in
E. None of these
7. How many SAARC countries met on 2-3rd Feb15 to finalize Motor Vehicles
Agreement this year?
A. 5
B. 4
C. 3
D. 6
E. 7
8. The tenth India Mongolia Joint Training Exercise culminated on 6th February
2015 with a grand closing ceremony held at ___.
A. Pune Military Cantonment
B. Dehradun Military Cantonment
C. Hyderabad Military Cantonment
D. Gwalior Military Cantonment
E. None of these
9. The first Meeting of NITI Aayog was held on ______.
A. 4th Feb15
B. 5th Feb15
C. 6th Feb15
D. 7th Feb15
E. 9th Feb'15
10. How many Companies stocks are shifted to T- Trade for Trade Group by
Bombay Stock Exchange on 6th Feb15?
A. 53
B. 13
C. 91
D. 60
E. 79
11. Which countrys Shia Houthi rebel movement on 6th Feb15 announced that it
is taking over the government and dissolving parliament?
A. Ukraine
B. Yemen
C. Syria
D. Nigeria
E. Sudan
12. Who has been appointed as the Member of the Advisory Committee for Trade
Policy and Negotiations (ACTPN), a key administration position in the United
States?
A. Ajaypal Singh Banga
B. Richard Rahul
C. Bobby Jindal
D. None of these
E. All of above
13. Which pharmaceutical company is going to acquire Hospira Inc- a leading
provider of Injectable drugs, infusion technologies?
A. Cipla
B. Abbott
C. Pfizer
D. Sun Pharma
E. Ranbaxy
14. In which body, under the budget of 2014-15, a special fund of Rs. 2,000 crore
has been created in for providing affordable credit to entrepreneurs for setting up
of food processing units in designated Food Parks?
A. NABARD
B. IRDA
C. EPFO
D. FIU-IND
E. None of these
15. In which north-east state, Minister of State for Textiles has inaugurated a
Weavers Service Centre on 24th Feb15?
A. Mizoram
B. Assam
C. Arunachal Pradesh
D. Nagaland
E. West Bangal
Answers
1. C
2. B
3. A
4.A
5. B
6. D
7. B
8. D
9. C
10. A
11. B
12. A
13. C
14. A
15. D
NABARD - Exam Analysis & GK Questions - Both Shift

Hello Readers,
Here we are providing you all the Analysis and the GK Questions asked in the
NABARD Exam, held on 1st March 2015.
Analysis
Section
Total
Ques
Max.
Marks
Level of
Difficulty
Good
Attempts
Good
Score
Reasoning
50
50
Easy
30 35
32
Quantitative Aptitude
50
50
Difficult
18 25
21
General Awareness
40
40
Moderate
30 33
31
English Language
30
30
Easy
18 22
20
Computer Knowledge
30
30
Easy
20 22
21
200
200
116 - 137
125
Total
GK Question
Foreign Secretary - S. Jaishankar
Headquarters of UNICEF - New York
World Cup Venue Australia & New Zealand
Ramdev Baba Ambassador of which state- Haryana
Banks borrow money from RBI at which rate- Repo Rate
Payment bank on whose recommendation- Nachiket More Committee
Card less started by which bank- ICICI
Largest stock exchange- New York
Swift started by which country- Brussels
Who refused to received Bronze medal- Sarita Devi
NITI Ayog head- PM Modi
Expenditure commission head- Bimal Jalan
Payment bank amount needed- 100cr
Head of committee on banking license Bimal jalan
Small banks startup capital- 100Cr
First Post office ATM Chennai
Chairman of 7th pay commission- Ashok Kumar Mathur
Till now how many applications received for payment banks? 41
First post office ATM in india - Chennai
Milk productivity highest in which state of india? - Punjab
Player who got highest value in IPL auction??- Yuvraj
State with highest GDP?
UNO Started which day.
Who sign 1 rupees note. Finance Secretary
DBTL scheme started by govt for LPG subsidy - PAHAL
Amount of Over Draft Facility under Jan Dhan Yojana - Rs 5000
World Cup Teams - 14
First player to score century form India against Pak in WC - Kohli
Amount doubles under Kisan Vikas Patra - 100 months
Ceiling Amount under KVP - No ceiling
Who replaced Leila Samson - Prahlaj Niklani
WTO member - 160
Which Indian scheme registered in Guinness Book of World Record - Jan Dhan Yojana
1. NASCOMMs Foundation Day was observed on _______.

A. 28th February
B. 29th February
C. 1st March
D. 2nd March
E. 27th February
2. Who has taken over as the Chief Minister of Jammu & Kashmir on 1st March15?
A. Manohar Lal Khattar
B. Mehbooba Mufti
C. Nirmal Singh
D. Mufti Mohammed Syed
E. None of these
3. Name the former Chief Minister of Madhya Pradesh against whom an FIR has been lodged in
connection with alleged irregularities in appointments in the State Assembly Secretariat?
A. Digvijay Singh
B. Babulal Gaur
C. Shivraj Singh Chauhan
D. Uma Bharti
E. None of these
4. Name the cricketer who was inducted in the ICC Cricket Hall of Fame on 28th Feb15 and thus
became the 3rd cricketer from the New Zealand to find place in this prestigious list?
A. Chris Cairns
B. Daniel Vettori
C. Martin Crowe
D. Chris Harris
E. None of these
5. Name the foreign secretary of India on a visit to four SAARC Nation from 1st Mar15?
A. Sujata Singh
B. Sushma Swaraj
C. S Jaishankar
D. Sued Akbaruddin
E. None of these
6. Name the political party launched by the former Chief Minister of Bihar on 28th Feb15?
A. Bihar Janta Party
B. National Common Man Party
C. National Awam Morcha
D. Hindustani Awam Morcha
E. None of these
7. Name the Chief Justice of Odisha High Court appointed as the Supreme Court Judge by the
President of India?
A. Amitava Roy
B. Amitabh Singh
C. Akhila Srinivasan
D. Shikha Kochar
E. None of these
8. Name the Commission that will be merged into SEBI as announced by the Finance Minister
Arun Jaitely on 28th Feb15?
A. Forward Market Commission
B. Derivative Market Commission
C. Future Market Commission
D. Currency Market Commission
E. None of these
9. In which Asian country people lost their lives in a series of Avalanche during the last week of
Feb15?
A. Pakistan
B. Nepal
C. Bangladesh
D. Afghanistan
E. None of these
10. Name the person has been appointed as the special envoy by Singapore Government to
Andhra Pradesh State?
A. Anil Kumar
B. Kshatrapati Shivaji
C. Gopinath Pillai
D. A S Kiran Kumar
E. None of these
11. With which e-commerce company IRCTC has collaborated to sell its products on the IRCTC
Website?
A. Flipkart
B. Amazon
C. Snapdeal
D. Jabong
E. None of these
12. Which country will host the Commonwealth Games 2022?
A. South Africa
B. Canada
C. United States
D. Australia
E. Japan
13. Which state Chief Minister has announced one-day fast and asked people across the state to
join him in protest against the Land Acquisition Amendment Bill?
A. Bihar
B. Karnataka
C. West Bengal
D. Odisha
E. punjab
14. For which Yatra, Government of India has dedicated bilingual website portal launch for the
pilgrimage?
A. Kailash Mansarovar Yatra
B. Vaishno Devi Yatra
C. HAJ Yatra
D. Purna Giri Yatra
E. None of these
15. Name the panel that submitted its report on road safety before the apex court in the third week
of Feb2015?
A. Justice K S Rashakrishnan Panel
B. Rangarajan Panel
C. Sam Pitroda Panel
D. Sachar Committee
E. None of these
Answers
1.C
2. D
3.A
4. C
5. C
6. D
7.A
8.A
9.D
10.C
11. B
12.A
13.A
14.A
15.A
Insurance Sector
Dear all, in view of upcoming insurance exams, were are presenting you a brief write-up on
insurance
sector
and
companies
in
this
sector.
In India, insurance has a deep-rooted history. It finds mention in the writings of Manu
( Manusmrithi), Yagnavalkya (Dharmasastra) and Kautilya ( Arthasastra ). The writings talk in
terms of pooling of resources that could be re-distributed in times of calamities such as fire,
floods, epidemics and famine. This was probably a pre-cursor to modern day insurance.
Ancient Indian history has preserved the earliest traces of insurance in the form of marine
trade loans and carriers contracts. Insurance in India has evolved over time heavily drawing
from other countries, England in particular.
Brief history of insurance sector
The insurance sector in India has completed all the facets of competition - from being an
open competitive market to being nationalized and then getting back to the form of a
liberalized market once again. The history of the insurance sector in India reveals that it has
witnessed complete dynamism for the past two centuries approximately.With the
establishment of the Oriental Life Insurance Company in Kolkata, the business of Indian life
insurance started in the year 1818.
Important milestones in the Indian life insurance business

1912: The Indian Life Assurance Companies Act came into force for regulating the life
insurance business.
1928: The Indian Insurance Companies Act was enacted for enabling the government to
collect statistical information on both life and non-life insurance businesses.
1938: The earlier legislation consolidated the Insurance Act with the aim of safeguarding the
interests of the insuring public.
1956: 245 Indian and foreign insurers and provident societies were taken over by the
central government and they got nationalized. LIC was formed by an Act of Parliament, viz.
LIC Act, 1956. It started off with a capital of Rs. 5 crore and that too from the Government of
India. The history of general insurance business in India can be traced back to Triton
Insurance Company Ltd. (the first general insurance company) which was formed in the year
1850 in Kolkata by the British.
Important milestones in the Indian general insurance business

1907: The Indian Mercantile Insurance Ltd. was set up which was the first company of its
type to transact all general insurance business.
1957: General Insurance Council, an arm of the Insurance Association of India, framed a
code of conduct for guaranteeing fair conduct and sound business patterns.
1968: The Insurance Act improved for regulating investments and set minimal solvency
levels and the Tariff Advisory Committee was set up.
1972: The General Insurance Business (Nationalization) Act, 1972 nationalized the general
insurance business in India. It was with effect from 1st January 1973.
107 insurers integrated and grouped into four companies viz. the National Insurance
Company Ltd., the New India Assurance Company Ltd., the Oriental Insurance Company Ltd.
and the United India Insurance Company Ltd. GIC was incorporated as a company.
Insurance Repository in India

The Insurance Repository in India is a database of insurance policies. It allows policy holders
to make revisions to a policy with speed and accuracy. It launched on 16 September 2013. It
is the world's first of its kind. India's Insurance Regulatory and Development Authority has
issued licenses to five entities to act as Insurance Repositories:
Central Insurance Repository Limited (CIRL)
SHCIL Projects Limited
Karvy Insurance repository Limited
NSDL Database Management Limited
CAMS Repository Services Limited
E-Insurance Account
E-Insurance account is the facility available to the policy holder to keep all of their insurance
policies in a demat form by opening an account with an insurance repository, it`s a one point
of contact for all of the insurance contracts, if any change is needed in any of the personal
information then instead of going to an each insurer and submitting the request separately
to each one of them, here through an e-insurance account, the policy holder can submit a
request to an insurance repository for that change and it will be applicable for all the policies
the policyholder posses.It works in a similar manner like we keep our securities-shares,
mutual funds in an electronic form.
What type of an Insurance Policies can be kept in an E Insurance Account:
1.All of the below mention policies can be kept in an electronic form provided these have
been issued
by the companies registered with Insurance Regulatory Development
Authority(IRDA)
2.All the Life insurance policies including individual or group.
3. All the general insurance policies including individual or group.
4. Any other form of an insurance policy approved by an IRDA.
Public Sector Insurance Companies
Life Insurance Corporation of India

General Insurance Corporation of India
National Insurance Co. Ltd.
Oriental Insurance Co. Ltd.
New India Assurance Co. Ltd.
United India Insurance Co. Ltd.
Life Insurance Corporation of India
Headoffice- Mumbai
Chairman - Shri S. K. Roy
The Parliament of India enacted the Life Insurance Corporation Act on the 19th of June 1956,
and the Life Insurance Corporation of Indian was established on 1st September, 1956, with
the objective of spreading life insurance much more widely and in particular to the rural
areas with a view to reach all insurable persons in the country, providing them adequate
financial cover at a reasonable cost
General Insurance Corporation
Headoffice - Mumbai
Chairman - A K Roy
General Insurance Corporation of India (GIC Re) was approved as Indian Reinsurer on 3rd
November,2000. As an Indian reinsurer GIC has been giving reinsurance support to four
public sector & other private general insurance companies.
The New India Assurance Co. Ltd.
Headoffice- Mumbai
Chairman - G.Srinivasan
It is the "largest general insurance company of India on the basis of gross premium
collection inclusive of foreign operations". It was founded by Sir Dorabji Tata in 1919, and
was nationalised in 1973.
National Insurance Company Limited (NICL)
Headoffice- Kolkata
Chairman - Shri A.V. Girija Kumar
It is a state owned general insurance company in India. The company was established in
1906 and nationalised in 1972. It's portofolio consists of a multitude of general insurance
policies, offered to a wide arena of clients encompassing different sectors of the economy.[3]
Apart from being leading insurance provider in India, NICL also serves Nepal.
United India Insurance Company Limited
Headoffice - Chennai
Chairman - Milind Kharat
under Department of Financial Services, Ministry of Finance (India), is a public sector General
Insurance Company of India and one of the top General Insurers in Asia. With the net worth
of Rs 5407 crores and profit of Rs 528 crores, the company has collected gross premium of
Rs 9709 crores as of in the financial year 2013-14. The company has more than seven
decades of experience in Non-life Insurance business and was formed to its present form by
the merger of 22 companies, consequent to the nationalisation of General Insurance
companies in India.
Oriental Insurance Company Ltd
Headoffice - New Delhi
Chairman - Dr. A.K.Saxena

It was established on September 12, 1947 in the then Bombay. It was a completely owned
subsidiary of Oriental Government Security Life Assurance Company Ltd. It was created with
the mandate of executing its parent bodys general insurance operations.
Computer : Quiz
1. If you use shortcut key F11 to create a chart on chart sheet then it creates
1.Three dimensional line chart
2.Three dimensional column chart
3.Two dimensional bar chart
4.Two dimensional column chart.
5. None of these
2. The popular DOS based spreadsheet package is

1. Word
2. Lotus1-2-3
3. Smart cell
4. Excel
5. None of these
3. A slide-title master pair is

1. A slide master and title master for a specific design template
2. A title area and text area of a specific slide
3. A slide master and title master merged into single slide.
5. None of these
4. How to select one hyperlink after another during a slide presentation?
1. Press Alt + shift

2. Press ctrl + H
3. Press Tab
4. Press ctrl + K
5.
None
of
these
of
these
5. What can you print?

1. An entire worksheet
2. A single worksheet
3. A range of cells by range name
4. All of the above
5.
None
6. Motion path is a
1. Method of moving items on a slide
2. Method of advancing slides
3. Type of animation entrance effect
4. All of the above
5. None of these
7. How can one create only horizontal page break?

1. By first selecting a row below the row where you want the page break to occur.
2. By selecting a cell in column A.
3. By selecting a cell in row1.
4. Both 1 and 2
5.
None
of
8. How can you link excel worksheet data to a word document?

1. With a hyperlink
2. With a copy and paste buttons on the standard toolbar.
3. With a right drag method
these
4. With a copy and paste special command

5.
None
of
these
9. Trigger in the context of animation is nothing but

1. An item on the slide that performs an action when clicked.
2. The name of a motion path
3. An action button that advances to the next slide.
5.
None
of
these
10. In what way the material that consists of text and numbers be best
presented?
1. A bullet slide
2. A title slide
3. A table slide
5.
None
of
these
11. Choose the correct answer for the statement You can create hyperlinks from
excel work book to
1. A web page on the internet
2. A web page on company internet
3. Other office 97 application documents
4. All of the above
5.None of these
12. The toolbar that provide different options in various master views is
1. Formatting toolbar
2. Drawing toolbar
3. Standard toolbar
4. Common task toolbar
5. None of these
13. If a person wants to have a same look of all the slides in the presentation then
he/she should use
1. Add a slide option
2. A presentation design template
3. The slide layout option
4. Outline view
5.
None
of
these
14. How can you edit an embedded organization chart object?

1. By double clicking the organization chart object.
2. By right clicking the chart object, then clinking edit MS-organization chart object.
3. By clicking edit object
4. Both 1 and 2
5. None of these
15. What is the advantage of using a spreadsheet?

1. Automatic calculations
2. Calculations are automatically updated if data is changed.
3. More flexibility
4. All of the above
5.
None
of
these
16. We can add two kinds of sound effects files to the presentation of Microsoft
PowerPoint and they are
1. .wav and .jpg
2. .wav and .gif
3. .wav and .mid
4. .jpg and .gif
5. None of these
17. The shortcut key to select more than one slide in a presentation is
1. Shift + click each slide
2. Shift + drag each slide

3. Ctrl + click each slide
4. Alt + click each slide
5. None of these
18. In an electronic database, when the words or phrases is being searched and if
found then it is called
1. IT
2. Bug
3. Hit
4. Default
5. None of these
19. To a PowerPoint show one can add the file with extension
1. .jpg
2. .giv
3. .wav
4. All of the above
5. None of these
20. What do you mean by auto clipart?

1. That scans presentation for incorrect spelling in word arts objects
2. That scans presentation for incorrect spelling in your words on each slide
3. That automatically places clipart in your presentation
4. All of the above
5. None of these

1. Which Institute has developed training modules to fill the gaps in rural
infrastructure and provide training to elected public representatives under the
Prime Minister Sansad Aadarsh Gram Yojana (PMSAGY)?
A. IIM
B. FMS
C. IIT
D. NIRDPR
E. None of these
2. Name the space agency whose probe has gone into orbit around Ceres, the
largest object in the Solar System between Mars and Jupiter?
A. NASA
B. ISRO
C. DAWN
D. All of these
E. None of these
3. Name the Member of Parliament who tabled a motion in House of Commons to

mark the unveiling of a new statue of Mahatma Gandhi at Parliament Square in
London?
A. David Cameron
B. Bobby Jindal
C. Keith Vaz
D.Bobby dowley
E. None of these
4. Which state government is contemplating on framing a law under which

registration of pregnancy would be made compulsory within first three months of
pregnancy?
A. Haryana
B. Karnataka
C. Uttar Pradesh
D. Maharashtra
E. Punjab
5. Name the country's umbrella body for all retail payments system that has
reached a new milestone with successful linking of 15 crore bank accounts with
the Aadhaar numbers?
A. National Retail Corporation
B. Reserve bank of India
C. National Securities Depository Ltd.
D. National Payments Corporation
E. None of these
6. Name the project which will be the first transit oriented development (TOD)
smart city in Delhi?
A. South Delhi Hub Project
B. Combine Delhi Hub Project
C. East Delhi Hub Project
D. Unique Delhi Hub Project
E. None of these
7. Which day would be celebrated as Safe Motherhood Day as announced by

Health Ministry of India?
A.7th March
B. 8th March
C. 9th March
D. 10th March
E. 11th March
8. As per the Mercers Quality of Living Report 2015, which city has the worlds
best quality of living?
A. New York
B. Tokyo
C. Vienna
D. Canberra
E. sydney
9. As per the Mercers Quality of Living Report 2015, which Indian City has the
best quality of living?
A. Mumbai
B. New Delhi
C. Pune
D. Hyderabad
E. Chennai
10. Name the person re-nominated as the Alternate Executive Director of

International Monetary Fund?
A. Kewal Sharma
B. Sunil Sabhrawal
C. Rahul Jindal
D. All of these
E. None of these
11. Indian captain Mahendra Singh Dhoni becomes the most successful captain in
terms of ODI victories on foreign shores. He surpassed the record of _____.
A. Kapil Dev
B. Mohd. Azharudeen
C. Sunil Gavaskar
D. Sourav Ganguly
E. None of these
12. In which state, the Prime Minister Narendra Modi will inaugurate the first
phase of Shri Singaji Thermal Power Project on 5th Mar15?
A. Uttar Pradesh
B. Madhya Pradesh
C. Arunachal Pradesh
D. Himachal Pradesh
E. Haryana
13. Name the fourth among the seven of the IRNSS constellation of satellites
designed to provide accurate position information service to users in the country
as well as the region extending up to 1,500 km from its boundary?
A. IRNSS-1B
B. IRNSS-1F
C. IRNSS-1D
D. IRNSS-2A
E. None of these
14. Name the mission replaced by Jawahalal Nehru National Urban Renewal
Mission (JNNRUM)?
A. National Urban Renewal Mission
B. Mahatma Gandhi National Urban Renewal Mission
C. Sardar Patel National Urban Renewal Mission
D. India Renewal Mission
E. None of these
15. How many points were cut in Repo Rate by the Reserve Bank of India on 4th
Mar15?
A. 50 Basis Point
B. 80 Basis Point
C. 35 Basis Point
D. 25 Basis Point
E. 75 Basis point
Answers
1.D
2.C
3.C
4.A
5.D
6.D
7.B
8.C
9.D
10.B
11.D
12.B
13.C
14.A
15.D
Narendra Modis Prime Ministerial Visits

1. Syechelles(10-11 Mar)
President : James Michel

Capital : Victoria
Currency
: Seychellois
About the Country
The 115 island country.
Population of 90,024.
It is a member country of African Union.
Smallest population of any African State.
Highlights of The Visit
1st Indian PM to visit the country after 33 years.
Rupee
On the morning of March 11th, Shri Narendra Modi was given a Ceremonial Reception after
which he visited the State House and signed the Visitors Book. He wrote that India not only
considers Seychelles as a neighbour but as a strategic partner too.
Welcoming the launch of direct air services to India by Air Seychelles last December, the PM
hoped that ties between India and Seychelles would be deepened further marked by a spirit of
respect, equality, enormous goodwill and warmth.
He also unveiled the Plaque and Operationalisation of Radar for the CSRS India-Seychelles
Cooperation Project in Sychelles.
Before concluding his Seychelles visit, the PM addressed a massive gathering at a civic
reception. Shri Modi touched upon areas like mitigating climate change, renewable energy and
Make in India.
2. Mauritius (12th Mar)
PM : Anerood Juganauth
President : Rajkeswur Purryag
Capital : Port Louis
Currency : Mauritian Rupee
Highlights of The Visit :
Expressing his gratefulness to be the Chief Guest of National Day of Mauritius on March 12th,
Shri Narendra Modi said India and Mauritius have always stood in solidarity and support for each
other.
He also termed the agreement on the development of Agalega Island as a major stride in IndiaMauritius cooperation in infrastructure sector.
On March 12th, the Prime Minister began his day by visiting the Ganga Talao in Mauritius. As
soon as Shri Modi visited there, he recalled the holy River Ganga that flows through Varanasi.
He also praised Mauritius for enriching Hindi literature.
He also expressed his delight to have got the chance to address their National Assembly on the
very same day as the Prime Minister of India.
Talking about the first cyber city construction supported by Former PM, Shri Atal Bihari Vajpayee
in 2003, Prime Minister Narendra Modi announced for supporting a second such city in Mauritius.
Prime Minister Narenda Modi attended the programme to mark the commissioning of the
Barracuda, a ship in the service of the National Coast Guard of Mauritius.
Shri Narendra Modi also paid homage to the valiant Aapravasis for their human spirit and also
described the Aapravsi Ghat as signifying the enduring links between India and Mauritius.
A civic reception was organised in Shri Narendra Modis honour. A large number of people drew
together to watch and listen to the Indian Prime Minister. There were chants of Modi Modi soon
after the PM arrived. Shri Modi himself was surprised to see such a huge gathering.
In the evening of March 12th, Shri Narendra Modi joined the National Day celebrations in
Mauritius as the guest of honour.
MOUs/Agreements signed between India-Mauritius
1. Memorandum of Understanding between India and Republic of Mauritius in the field of Ocean
Economy.
2. Programme for Cultural Cooperation between the Republic of India and the Republic of Mauritius
for the year 2015-18.
3. Protocol between the Department of Agriculture and Cooperation, Ministry of Agriculture of
Republic of India and the Ministry of Agro-Industry and Food Security of Republic of Mauritius for
the importation of fresh mango from India.
4. Memorandum of Understanding for the Improvement in Sea and Air Transportation Facilities at
Agalega Island of Mauritius.
5. MoU on Cooperation in the field of Traditional System of Medicine and Homeopathy.
3. Sri Lanka (13-14 Mar)
PM : Ranil Wickremesinghe
President : Maithripala Sirisena
Capital : Colombo
Currency : Sri Lankan Rupee
Highlights of The Visit :
It is the first standalone bilateral visit to Sri Lanka by an Indian Prime Minister since 1987.
Lanka IOC and Ceylon Petroleum Corporation have agreed to jointly develop the Upper Tank
Farm of the China Bay Installation in Trincomalee on mutually agreed terms.
Early commencement of work on the ground in the Sampur Coal Power Project. This landmark
project would meet Sri Lanka`s energy needs.
The facility of Tourist Visa on Arrival Electronic Travel Authorization Scheme to Sri Lankan
citizens from the Sinhala and Tamil New Year on 14 April 2015.
Air India will soon start direct flights between New Delhi and Colombo.
Cooperation in developing a Ramayana Trail in Sri Lanka and a Buddhist Circuit in India.
Organization a Festival of India in Sri Lanka later this year. Sri Lanka is where Buddhism has truly
flourished. We will be organizing an exhibition showcasing our Buddhist heritage as part of this
festival.
The Memorandum of Understanding on cooperation in youth affairs is an important long term

investment in our relationship.
A fresh Line of Credit of up to US$ 318 million for the railways sector. This will be used to procure
rolling stock, and to restore and upgrade existing railway track.
Assistance for the construction of the Rabindranath Tagore auditorium at Ruhuna University in
Matara.
The Reserve Bank of India and the Central Bank of Sri Lanka have agreed to enter into a
Currency Swap Agreement of US$ 1.5 billion. This will help keep the Sri Lankan rupee stable.
Modi became the first PM to visit Jaffna

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Ministers and their Constituency

1. Minister Narendra Modi - Varanasi

19. Narendra Singh Tomar - Gwalior (Madhya Pradesh)

Computer - Some Important Abbreviations

ALGOL Algorithmic Language

ARP Address resolution Protocol

ASCII American Standard Code for Information Interchange

BINAC - Binary Automatic Computer

BCC Blind Carbon Copy

BASIC - Beginners All-purpose Symbolic Instruction Code

BIOS Basic Input Output System

Bit Binary Digit

BSNL Bharat Sanchar Nigam Limited

CAD Computer Aided Design

COBOL Common Business Oriented Language

CRT Cathode Ray Tube

CDR Compact Disc Recordable

CDROM Compact Disc Read Only Memory

CDRW Compact Disc Rewritable

CDR/W Compact Disk Read/Write

DBA Data Base Administrator

DBMS Data Base Management System

DNS Domain Name System

DPI Dots Per Inch

DRAM Dynamic Random Access Memory

DVD Digital Video Disc/Digital Versatile Disc

DVDR DVD Recordable

DVDROM DVD Read Only Memory

DVDRW DVD Rewritable

DVR Digital Video Recorder

DOS Disk Operating System

EBCDIC Extended Binary Coded Decimal Interchange Code

e-Commerce Electronic Commerce

EDP Electronic Data Processing

EEPROM Electrically Erasable Programmable Read Only Memory

ELM/e-Mail Electronic Mail

ENIAC - Electronic Numerical Integrator and Computer

EOF - End Of File

EPROM - Erasable Programmable Read Only Memory

FAX - Far Away Xerox/ facsimile

FDC - Floppy Disk Controller

FDD - Floppy Disk Drive

FORTRAN - Formula Translation

FTP - File Transfer Protocol

GIF - Graphics Interchange Format

GSM - Global System for Mobile Communication

HDD - Hard Disk Drive

HTML - Hyper Text Markup Language

HTTP - Hyper Text Transfer Protocol

IBM - International Business Machine

IMAP - Internet Message Access Protocol

ISP - Internet Service Provider

JPEG - Joint Photographic Experts Group

Kbps - Kilobit Per Second

LCD Liquid Crystal Display

LED Light Emitting Diode

LPI Lines Per Inch

LIS Large Scale Integration

MPEG Moving Picture Experts Group

MMS Multimedia Message Service

MICR Magnetic Ink Character reader

MIPS Million Instructions Per Second

NIC Network Interface Card

NOS Network Operating System

GA & CK Que

GA & CK Que