Universal Stuf: Banking

Daily GK update 28th November 2014

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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">1.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">RBI issues final norms for payment,
small banks; Floor capital set at Rs 100 crore</span></b><span style="font-family: "Arial","sans-serif";"></span>
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<b><span style="font-family: "Arial","sans-serif";">i. </span></b><span style="font-family: "Arial","sans-serif";">The Reserve Bank of India has issued final norms for
payment banks and small finance banks that would allow mobile firms and
supermarket chains, among others, to enter the banking arena to cater to
individuals and small businesses. The move aims at deepening financial
inclusion and boost saving habits.<span class="apple-converted-space"> </span></span></div>
<a href="https://www.blogger.com/null" name="more"></a><span class="apple-converted-space"><b><span style="font-family: "Arial","sans-serif";">ii.</span></b></span><span class="apple-converted-space"><span style="font-family: "Arial","sans-serif";"> </span></span><span style="font-family: "Arial","sans-serif";">The RBI aims to push financial
inclusion by setting up these niche outfits — small finance banks that can have
all-India operations and payments banks, which can accept more deposits.</span><br />
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<span class="apple-converted-space"><b><span style="font-family: "Arial","sans-serif";">iii.</span></b></span><span style="font-family: "Arial","sans-serif";"> The guidelines open up an window of
opportunity for entities which did not bag new bank licences in April.</span></div>
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<span class="apple-converted-space"><b><span style="font-family: "Arial","sans-serif";">iv.</span></b></span><span style="font-family: "Arial","sans-serif";"> Shriram Capital, Janalakshmi
Financial Services, Magma Fincorp and Muthoot Finance, among others, are
expected to throw their hats into the ring to set up small banks.</span></div>
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<span class="apple-converted-space"><b><span style="font-family: "Arial","sans-serif";">v.</span></b></span><span style="font-family: "Arial","sans-serif";"> The Department of Posts, Bharti
Airtel, Vodafone India, Tata Teleservices, Western Union and online digital
payment players such as Paytm, Oxigen and MobiKwik have expressed interest in
floating payment banks.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">vi</span></b><span style="font-family: "Arial","sans-serif";">. Companies will have to apply by January 16, 2015, for
licences in both categories, and the central bank said it would consider more
applications at a later stage.<span class="apple-converted-space"> </span></span><br />
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<b><span style="font-family: "Arial","sans-serif";">Note: </span></b><span style="background: white; font-family: "Arial","sans-serif";">The minimum paid-up
equity capital for both small and payment banks has been pegged at Rs 100 crore.</span><b><span style="font-family: "Arial","sans-serif";"></span></b></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">Who are eligible?</span></b><span style="font-family: "Arial","sans-serif";"></span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">i</span></b><span style="background: white; font-family: "Arial","sans-serif";">. Eligible promoters
for a small bank include resident individuals/professionals with experience in
banking and finance; and companies and societies. </span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">ii.</span></b><span style="background: white; font-family: "Arial","sans-serif";"> Existing non-banking
finance companies (NBFCs), microfinance institutions and local area banks can
also opt to convert into a small bank. </span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">iii.</span></b><span style="background: white; font-family: "Arial","sans-serif";"> The RBI said
proposals from large public sector entities and industrial and business houses,
including NBFCs promoted by them, will not be entertained to set up small banks.</span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">iv.</span></b><span style="background: white; font-family: "Arial","sans-serif";"> A promoter/promoter
group can have a joint venture with an existing scheduled commercial bank to
set up a payment bank, subject to the stake holding complying with the Banking
Regulation Act.</span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">Key activities</span></b><span style="font-family: "Arial","sans-serif";"><br style="outline: none;" />
<b>i.</b> <span style="background: white;">The small bank will primarily
undertake basic banking activities of <b>acceptance of deposits and lending to
un-served and</b> under-served sections, including small business units, small
and marginal farmers, micro and small industries and unorganised sector entities.</span></span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">ii.</span></b><span style="font-family: "Arial","sans-serif";"> <span style="background: white;">Small
banks will be required to maintain a minimum capital adequacy ratio of 15 per
cent of the loans on a continuous basis.</span></span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">iii.</span></b><span style="font-family: "Arial","sans-serif";"> <span style="background: white;">In the
draft guidelines, the RBI had suggested that small banks would have a
restricted area of operations (possibly contiguous districts in a homogenous
States). However, in the final guidelines, these restrictions have been
removed. The small bank will be required to extend 75 per cent of its credit to
the priority sector</span></span></div>
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<b><span style="font-family: "Arial","sans-serif";">Payment Banks: </span></b></div>
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<b><span style="font-family: "Arial","sans-serif";">i.</span></b><span style="font-family: "Arial","sans-serif";"> Payments banks can <b>accept deposits</b> — current and
savings bank — from individuals, small businesses and other entities but <b>cannot
provide</b> loans.. However, they cannot accept non-resident Indian deposits. </span></div>
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<b><span style="font-family: "Arial","sans-serif";">ii.</span></b><span style="font-family: "Arial","sans-serif";"> The payment bank will initially be restricted to holding
a maximum balance of Rs1 lakh per individual customer. </span></div>
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<b><span style="font-family: "Arial","sans-serif";">iii.</span></b><span style="font-family: "Arial","sans-serif";"> While the bank can issue ATM/debit cards, it cannot
issue credit cards.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">iv.</span></b><span style="font-family: "Arial","sans-serif";"> It can contract outside liabilities (deposits) but not
exceeding 33.33 times (against 20 times in the draft guidelines) its net worth.</span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">2.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">Economic growth declines to 5.3% in
July-Sept quarter</span></b><span style="font-family: "Arial","sans-serif";"></span></div>
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<b><span style="font-family: "Arial","sans-serif";">i. </span></b><span style="font-family: "Arial","sans-serif";">Country's economic growth has declined to 5.3 per cent
during July to September, from the previous quarter's 5.7 per cent. </span></div>
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<b><span style="font-family: "Arial","sans-serif";">ii</span></b><span style="font-family: "Arial","sans-serif";">. According to an official release, the manufacturing
sector, which accounts for about 15 per cent of India's gross domestic product
rose by 0.1 per cent during the quarter from the previous period's 3.5 per
cent. Agriculture sector growth declined to 3.2 percent against 3.8 percent.</span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">3.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">India, Mozambique ink MoU for
cooperation in oil, gas sector</span></b><span style="font-family: "Arial","sans-serif";"></span></div>
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<b><span style="font-family: "Arial","sans-serif";">i. </span></b><span style="font-family: "Arial","sans-serif";">India today signed a Memorandum of Understanding, MoU,
with Mozambique for cooperation in the field of oil and gas. The MoU was signed
in the presence of Minister of State for Petroleum and Natural Gas, Dharmendra
Pradhan in New Delhi.<span class="apple-converted-space"> </span></span><br />
<b>ii.</b> It seeks cooperation in the areas of upstream and downstream oil and
gas sector. Participation of Indian energy companies in the project will
facilitate access to Liquefied Natural Gas, LNG for the growing Indian gas
market.<span class="apple-converted-space"> </span><br />
<b>iii.</b> Mozambique has emerged as a significant hydrocarbon rich nation
following offshore gas discoveries in two adjacent offshore blocks. The country
is strategically located near India and is ideally suited for bringing natural
gas at market determined price.</div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">4.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">Anoop Mishra appointed as new
Secretary General of Lok Sabha</span></b></div>
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<b><span style="font-family: "Arial","sans-serif";">i</span></b><span style="font-family: "Arial","sans-serif";">. <span style="background: white;">Former Uttar Pradesh
chief secretary Anoop Mishra was on 26 November 2014 appointed as new Secretary
General of the Lok Sabha. He was appointed by Lok Sabha Speaker Sumitra
Mahajan.<span class="apple-converted-space"> </span></span></span><br />
<b>ii.</b> <span style="background: white;">He will hold the rank and status of
Cabinet Secretary with effect from 1 December 2014 up to 30 November 2016 or
until further orders.</span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">iii.</span></b><span style="background: white; font-family: "Arial","sans-serif";"> As an accomplished
civil servant of 1978 cadre, Mishra has held several important positions at the
Centre and in Uttar Pradesh.</span><span style="font-family: "Arial","sans-serif";"><br style="border-radius: 0px !important;" />
<b><span style="background: white;">iv.</span></b><span style="background: white;"> He was the Chief Secretary of Uttar Pradesh for a
year with the overall responsibility of the state administration,
superintendence of law and order and developmental and infrastructure schemes
in Uttar Pradesh.</span></span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">5.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">Historian Tapan Raychaudhuri died</span></b></div>
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<b><span style="font-family: "Arial","sans-serif";">i. <span style="background: white;">Tapan</span></span></b><span style="background: white; font-family: "Arial","sans-serif";"> Raychaudhuri, a
distinguished historian of modern India’s economic and social history, died on
26 November 2014 at his home in Oxford, England. He was 88.<span class="apple-converted-space"> </span></span><span style="font-family: "Arial","sans-serif";"><br style="border-radius: 0px !important;" />
<b>ii.</b> <span style="background: white;">Raychaudhuri died of a series of
strokes. He was bedridden for a year before his death. He is survived by his
wife Pratima Raychaudhuri and daughter Sukanya Wignaraja.</span></span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">iii. </span></b><span style="background: white; font-family: "Arial","sans-serif";">He was an Indian
historian specialising in British Indian history, Indian economic history and
the History of Bengal</span><span style="font-family: "Arial","sans-serif";"></span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">6.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">   </span><span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span></b><span style="font-family: "Arial","sans-serif";"><b>Namsai became the 18th district of
Arunachal Pradesh</b></span></div>
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<b><span style="font-family: "Arial","sans-serif";">i.</span></b><span style="font-family: "Arial","sans-serif";"> Namsai on 25 November 2014 officially became the 18th
district of Arunachal Pradesh. The Chief Minister of Arunachal Pradesh Nabam
Tuki made the declaration.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">ii</span></b><span style="font-family: "Arial","sans-serif";">. The Chief Minister exhorted the officials to prepare a
master plan for the new district and the state government would extend all
possible help.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">iii. </span></b><span style="font-family: "Arial","sans-serif";">The State Legislative Assembly passed
the District re-organisation Bill on 20 March 2013 for creation of Namsai
district and notification was issued on 15 July 2013. The formal announcement
was made during the 68th Independence Day celebration on 15th August 2014.</span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">7.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">EU parliament votes to break up Google</span></b></div>
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<b><span style="font-family: "Arial","sans-serif";">i.</span></b><span style="font-family: "Arial","sans-serif";"> European Union lawmakers overwhelmingly backed a motion
on Thursday urging anti-trust regulators to break up Google, the latest setback
for the world's most popular internet search engine.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">ii.</span></b><span style="font-family: "Arial","sans-serif";"> Google has been in the EU's regulatory sights since
2010, and is also grappling with privacy issues, requests to scrub search
results to comply with a court ruling, copyright concerns and tax
controversies.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">iii.</span></b><span style="font-family: "Arial","sans-serif";"> The non-binding resolution in the European Parliament is
the strongest public signal yet of Europe's concern with the growing power of
US tech giants. It was passed with 384 votes for and 174 against.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">iv.</span></b><span style="font-family: "Arial","sans-serif";"> Google declined to comment. European Competition
Commissioner Margrethe Vestager has said she will review the case and talk to
complainants before deciding on the next step.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">v.</span></b><span style="font-family: "Arial","sans-serif";"> Her predecessor rejected three attempts by the company
to settle complaints that it unfairly demoted rival services and stave off a
possible fine of up to $5 billion.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">vi.</span></b><span style="font-family: "Arial","sans-serif";"> The resolution did not mention Google or any specific
search engine, though Google is by far the dominant provider of such services
in Europe with an estimated 90 per cent market share.</span></div>
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<b><span style="font-family: "Arial","sans-serif";">vii.</span></b><span style="font-family: "Arial","sans-serif";"> The lawmakers called on the Commission to consider
proposals to unbundle search engines from other commercial services.</span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">8.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif"; mso-bidi-language: HI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt;">Book titled Your Dreams Are Mine
Now: She Showed him What Love was released</span></b><span style="font-family: "Arial","sans-serif";"></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 3.0pt; margin-left: .25in; margin-right: 0in; margin-top: 3.0pt; mso-add-space: auto;">
<b><span style="font-family: "Arial","sans-serif"; mso-bidi-language: HI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt;">i. </span></b><span style="background: white; font-family: "Arial","sans-serif";">The book titled Your
Dreams Are Mine Now: She Showed him What Love was authored by Ravinder Singh
was released on 20 November 2014.<span class="apple-converted-space"> </span></span><span style="font-family: "Arial","sans-serif";"><br style="border-radius: 0px !important;" />
<b>ii.</b> <span style="background: white;">The novel Your Dreams are Mine Now is
a powerful and poignant love story that explores the romantic relationship
between Rupali and Arun. They are complete opposites and have nothing in common
when it comes to their interests and priorities in life.<span class="apple-converted-space"> </span></span></span></div>
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<span class="apple-converted-space"><b><span style="background: white; font-family: "Arial","sans-serif";">iii.</span></b></span><span class="apple-converted-space"><span style="background: white; font-family: "Arial","sans-serif";"> </span></span><span style="background: white; font-family: "Arial","sans-serif";">Rupali is a small
town girl and an idealist, whereas Arun is a Delhi guy with keen interest in
youth politics. A major scandal on the college campus brings them together and
somewhere along the line they fall in love with each other. But their fight
against evil comes at a heavy price which becomes the ultimate test of their
lives.</span><span style="font-family: "Arial","sans-serif";"></span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">9.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: "Arial","sans-serif";">Book titled Black Tornado: The Three
Sieges of Mumbai 26/11 released</span></b></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">i.</span></b><span style="background: white; font-family: "Arial","sans-serif";"> The book titled
Black Tornado: The Three Sieges of Mumbai 26/11 authored by Sandeep Unnithan
was released on 23 November 2014.</span><span style="font-family: "Arial","sans-serif";"><br style="border-radius: 0px !important;" />
<b>ii.</b> <span style="background: white;">Sandeep Unnithan in his book puts
together a blow-by-blow account of the 26 November 2011 terrorist attack in
Mumbai and how the siege of Mumbai was thwarted by India's security forces.</span></span><br />
<b>iii.</b> <span style="background: white;">The 26/11 attack is widely regarded
as the world's first hybrid terrorist attack. The attackers achieved through
this long-drawn siege what Al Qaeda did through the high-visibility
mass-casualty attack on the World Trade Centre of USA on 11 September 2001.<span class="apple-converted-space"> </span></span></div>
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<b><span style="font-family: "Arial","sans-serif"; mso-fareast-font-family: Arial;">10.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">  </span></span></b><b><span style="font-family: "Arial","sans-serif";">Crime novelist PD James died at the
age of 94</span></b></div>
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<b><span style="font-family: "Arial","sans-serif";">i.</span></b><span style="font-family: "Arial","sans-serif";"> <span style="background: white;">Crime novelist Phyllis
Dorothy James on 27 November 2014 died at the age of 94 in Oxford, UK. </span></span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">ii.</span></b><span style="background: white; font-family: "Arial","sans-serif";"> She was best known
for her series of detective novels starring the policeman and poet Adam
Dalgliesh.</span></div>
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<b><span style="background: white; font-family: "Arial","sans-serif";">iii</span></b><span style="background: white; font-family: "Arial","sans-serif";">. Her novels include
The Children of Men, The Murder Room and Pride, and Prejudice spin-off Death
Comes to Pemberley.</span></div>
</div>

Daily GK update 28th November 2014

1. RBI issues final norms for payment, small banks; Floor capital set at Rs 100 crore i. The Reserve Bank of India has issued fina...

22nd November 2014 Daily GK update

0 Banking, Daily GK 10:00

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<b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">1. Govt approves new Rs 43,033-cr rural electrification scheme.</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Government approved Rs 43,033-crore rural electrification scheme Deendayal Upadhyaya Gram Jyoti Yojana.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. The scheme will replace the existing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).</span><br />
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<a href="http://1.bp.blogspot.com/-vePZNtsu2cM/VHCFQVZ9qOI/AAAAAAAAB0g/a4sz-0tiTRs/s1600/electricityptio.jpg" imageanchor="1" style="color: #a13d3d; margin-left: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="112" src="http://1.bp.blogspot.com/-vePZNtsu2cM/VHCFQVZ9qOI/AAAAAAAAB0g/a4sz-0tiTRs/s1600/electricityptio.jpg" style="border: none; position: relative;" width="200" /></a></div>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. The estimated cost of the scheme for above two components is Rs 43,033 crore which includes the requirement of budgetary support of Rs 33,453 crore from the government over the entire implementation period.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iv. The scheme is likely to work towards improvement in hours of power supply in rural areas, reduction in peak load, improvement in billed energy based on metered consumption and providing access to electricity to rural households.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="https://www.blogger.com/null" name="more" style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"></a><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">2. Forward Markets Commission tightens rules for warehousing service providers</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Commodity market regulator Forward Markets Commission, or FMC, has strengthened the warehousing accreditation norms to avert an occurrence of an NSEL-like scam in the commodity futures market.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. The new norms will take effect after March 31, 2015 and the existing warehouse service providers (WSPs) in their current format will not be allowed to operate in the exchange space beyond June 30, 2015.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. FMC will set down net worth, ownership and corporate governance norms for WSPs in exchanges like MCX, NCDEX, ACE and NMCE.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">3. Coronation of next Imam has no legal sanctity: HC</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="http://3.bp.blogspot.com/-AHvI4UNP7aU/VHCFQl0gm7I/AAAAAAAAB0w/-mwn6bC5jUo/s1600/Bukhari%2Bnew1.jpg" imageanchor="1" style="clear: right; color: #a13d3d; float: right; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px; margin-bottom: 1em; margin-left: 1em; text-decoration: none;"><img border="0" height="120" src="http://3.bp.blogspot.com/-AHvI4UNP7aU/VHCFQl0gm7I/AAAAAAAAB0w/-mwn6bC5jUo/s1600/Bukhari%2Bnew1.jpg" style="border: none; position: relative;" width="200" /></a><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. The Delhi High Court on Friday said the ceremony (dastarbandi) to anoint Shahi Imam Maulana Syed Ahmed Bukhari's son as the Naib Imam of Jama Masjid "would not amount to an appointment".</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw made the observation after taking into account the contentions of the Centre, Delhi Wakf Board and petitioners, who have challenged the ceremony.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. The court also noted that under the Wakf Act, 1995, the law only "provides for a mutawalli (manager) of a wakf and contains no provision for appointment of Imams of Wakf properties, even if a masjid".</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">4. Jan Dhan Yojana reflects poverty as 74% accounts hold zero balance</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. At least, 5.3 crore of the total 7.1 crore bank accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) have 'zero balance' even as the government has deposited Rs 5,400 crore in accounts under the scheme.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. out of 7.1 crore bank accounts opened, 5.3 crore had zero balance .</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. PMJDY is a national mission for financial inclusion to ensure access to financial services like banking, savings and deposit accounts besides credit, insurance and pension.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br />
<span style="font-family: inherit; font-size: x-small;">thanks bankers adda</span><br />
<br /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">5. India's first aircraft carrier slips into history</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Work has begun on scrapping the country's first aircraft carrier, Vikrant.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii.Built for the British Royal Navy as HMS Hercules in 1943, it was acquired by India in 1957 and saw action during the India-Pakistan war in 1971, playing a key role.</span><br />
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<a href="http://3.bp.blogspot.com/-BJXUk77Gm4E/VHCFOx-IIpI/AAAAAAAAB0Y/rNRMrvRaeKg/s1600/INS_Viraat_front_view.jpg" imageanchor="1" style="color: #a13d3d; margin-left: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="133" src="http://3.bp.blogspot.com/-BJXUk77Gm4E/VHCFOx-IIpI/AAAAAAAAB0Y/rNRMrvRaeKg/s1600/INS_Viraat_front_view.jpg" style="border: none; position: relative;" width="200" /></a></div>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. Vikrant was auctioned to a ship-breaker for Rs 63 crore this year. Mumbai's IB Commercials Pvt Ltd won the bid.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">6. Voting under way for 46 civic bodies in Rajasthan</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i.  Nearly 43 per cent polling was recorded till 1pm in 46 civic bodies including six municipal corporations in Rajasthan where polling is under way today.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. Polling are being held in six municipal corporations of Jaipur, Kota, Jodhpur, Bikaner, Udaipur and Bharatpur, 18 municipal councils and 22 municipalities.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. Over 63.09 lakh electors are eligible to cast their votes at 6,135 polling booths in 1,680 wards.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">7. Srinivasan seeks reinstatement as BCCI President</b><br />
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<a href="http://4.bp.blogspot.com/-32sK24FKaRQ/VHCFQp2BHVI/AAAAAAAAB0o/7cbCMioagcY/s1600/srinivasan.jpg" imageanchor="1" style="clear: right; color: #a13d3d; float: right; margin-bottom: 1em; margin-left: 1em; text-decoration: none;"><img border="0" height="121" src="http://4.bp.blogspot.com/-32sK24FKaRQ/VHCFQp2BHVI/AAAAAAAAB0o/7cbCMioagcY/s1600/srinivasan.jpg" style="border: none; position: relative;" width="200" /></a></div>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Cricket boss N Srinivasan today moved the Supreme Court seeking his reinstatement as BCCI President contending that there was "absolutely nothing" in the Justice Mukul Mudgal Committee report "incriminating" him in the IPL6 scam.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. Simultaneously, India Cements, the company of which he is the Managing Director, has also pleaded with the court not to pass any adverse order against the firm that could lead to cancellation of the franchise of Chennai Super Kings.</span><span style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br /><br /></span></div>

22nd November 2014 Daily GK update

1. Govt approves new Rs 43,033-cr rural electrification scheme. i. Government approved Rs 43,033-crore rural electrification scheme Deenday...

21st November 2014 Daily GK

0 Banking, Daily GK 11:15

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<b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">1.  Obama to be chief guest at 2015 Republic Day</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Prime Minister Modi has invited President Obama to be the chief guest at the Republic Day ceremony next year.</span><br />
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<a href="http://1.bp.blogspot.com/-ZnVeeAVItc4/VG-GLjkparI/AAAAAAAAByQ/ekVAyZDyPc8/s1600/modi.jpg" imageanchor="1" style="color: #a13d3d; margin-left: 1em; margin-right: 1em; text-decoration: none;"><img border="0" src="http://1.bp.blogspot.com/-ZnVeeAVItc4/VG-GLjkparI/AAAAAAAAByQ/ekVAyZDyPc8/s1600/modi.jpg" style="border: none; position: relative;" /></a></div>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Ii. Prime Minister Modi posted a message on Twitter to say, “This Republic Day, we hope to have a friend over…invited President Obama to be the 1st US President to grace the occasion as Chief Guest.”</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="https://www.blogger.com/null" name="more" style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"></a><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">2. </b><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Deutsche Bank won Custodian of the Year 2014 award</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="http://2.bp.blogspot.com/-EljojZQuemc/VG-GNIQ8_2I/AAAAAAAAByY/YGkT-FeIAEk/s1600/dbnk.png" imageanchor="1" style="clear: right; color: #a13d3d; float: right; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px; margin-bottom: 1em; margin-left: 1em; text-decoration: none;"><img border="0" height="41" src="http://2.bp.blogspot.com/-EljojZQuemc/VG-GNIQ8_2I/AAAAAAAAByY/YGkT-FeIAEk/s1600/dbnk.png" style="border: none; position: relative;" width="200" /></a><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. The bank was awarded the ‘Channel Islands Custodian of the Year 2014’ title, with the award being presented to Lisa Haggarty, Head of Custody and Fund Solutions for Deutsche Bank Channel Islands.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. The Custody Risk European Awards are organised by the Incisive Media Group. The award aims to identify the best companies in custody, fund administration and technology across Europe.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">3. Former Delhi Speaker Maninder Singh Dhir quits AAP, joins BJP</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Dhir, who had successfully contested the last assembly elections from Jangpura constituency, said the country was "progressing" under the leadership of Modi.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. Rohit Rajpal, a former captain of Indian Davis Cup team, also joined BJP.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">4. SEBI de-recognised Delhi Stock Exchange</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Securities Exchange Board of India (SEBI) on announced to de-recognise Delhi Stock Exchange (DSE) on the allegations of serious irregularities in its functioning.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. SEBI observed that the activities of DSE were carried out in a manner contrary to the interest of the investors.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. SEBI acclaimed that for completing the demutualisation process the erstwhile board of DSE had overlooked the due transfer of shares in the demat accounts and receipt of the funds by the appointed date.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="http://2.bp.blogspot.com/-nSCb9pAWTTg/VG-FLEVQCAI/AAAAAAAAByE/bbsIAmw1nCY/s1600/wnd.jpg" imageanchor="1" style="clear: right; color: #a13d3d; float: right; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px; margin-bottom: 1em; margin-left: 1em; text-decoration: none;"><img border="0" height="150" src="http://2.bp.blogspot.com/-nSCb9pAWTTg/VG-FLEVQCAI/AAAAAAAAByE/bbsIAmw1nCY/s1600/wnd.jpg" style="border: none; position: relative;" width="200" /></a><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">5. Go green: Railways to set up 26 MW windmill</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. Railways, one of the biggest consumers of energy, is moving towards harnessing green power with a 26 MW windmill proposed to be built in Rajasthan.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. The project, the biggest renewable energy initiative by the national transporter, is to be set up in Jaisalmer at a cost of Rs 150 crore and targeted to be completed in about nine months.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br /></b><span style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br />thanks for bankers adda for the gk update</span><br />
<span style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br /></span><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"></span><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">6. HRD planning 'Think in India' drive to up </b><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">innovation</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="http://2.bp.blogspot.com/-dIR9oDQRczo/VG-FJqTSTTI/AAAAAAAABx8/xr4MDZ3_qw8/s1600/smriti%2Birani%2B1.jpg" imageanchor="1" style="clear: left; color: #a13d3d; float: left; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px; margin-bottom: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="139" src="http://2.bp.blogspot.com/-dIR9oDQRczo/VG-FJqTSTTI/AAAAAAAABx8/xr4MDZ3_qw8/s1600/smriti%2Birani%2B1.jpg" style="border: none; position: relative;" width="200" /></a><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. n line with Prime Minister Narendra Modi's 'Make in India' campaign, the HRD ministry is planning to come up with a 'Think in India' drive to encourage students and researchers to come up with innovations and new ideas and to keep the talent back home from leaving abroad.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. "We all know the prime minister has spoken about the 'Make in India' project and we in the ministry of Human Resource Development want to complement it by 'Think in India' campaign through the 'Rashtriya Avishkaar Yojana'," Ms. Irani said.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><b style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">7. Game 10: Carlsen closes in on title</b><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">i. The resultant draw in Game 10 of the World chess championship match in Sochi, Russia, brought the Norwegian within one point of retaining the World title.</span><br />
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<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">ii. Carlsen leads 5.5-4.5 in the race to 6.5 points. With both players getting to play white once each, Anand needs to stay undefeated in Game 11 to keep the match alive.</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">iii. Should he win and equalise the match-score, he will hold a slight advantage going into the final game with white pieces.</span><span style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br /></span></div>

21st November 2014 Daily GK

1. Obama to be chief guest at 2015 Republic Day i. Prime Minister Modi has invited President Obama to be the chief guest at the Republic D...

20th november Daily GK update

0 Banking, Daily GK 20:54

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Daily GK Update - 20th Nov 2014</h3>
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<b><span style="font-family: Arial, sans-serif;">1.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">Kotak Mahindra acquire ING Vysya Bank<o:p></o:p></span></b></div>
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<a href="http://4.bp.blogspot.com/-DrB82BvAuGk/VG322c5aFQI/AAAAAAAABxU/isWCzCvt7A8/s1600/kotak.jpg" imageanchor="1" style="clear: right; color: #a13d3d; float: right; margin-bottom: 1em; margin-left: 1em; text-decoration: none;"><img border="0" height="121" src="http://4.bp.blogspot.com/-DrB82BvAuGk/VG322c5aFQI/AAAAAAAABxU/isWCzCvt7A8/s1600/kotak.jpg" style="-webkit-box-shadow: rgba(0, 0, 0, 0.0980392) 1px 1px 5px; background: rgb(255, 255, 255); border: 1px solid rgb(238, 238, 238); box-shadow: rgba(0, 0, 0, 0.0980392) 1px 1px 5px; padding: 5px; position: relative;" width="200" /></a></div>
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<b><span style="font-family: Arial, sans-serif;">i.</span></b><span style="font-family: Arial, sans-serif;"> Kotak Mahindra Bank, on Thursday, announced its decision to acquire ING Vysya Bank in an all-share deal.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii.</span></b><span style="font-family: Arial, sans-serif;"> Kotak Mahindra Bank informed the BSE after market hours that the board of directors of the company had<o:p></o:p></span></div>
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<span style="font-family: Arial, sans-serif;">considered and granted its approval for the amalgamation of ING Vysya Bank with Kotak Mahindra Bank.</span><br /><a href="https://www.blogger.com/null" name="more"></a><br /><b style="background-color: white;"><span style="font-family: Arial, sans-serif;">iii. </span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif;">The Board has approved the share swap ratio of 725 equity share of Rs. 5 each of Kotak Mahindra Bank for every 1,000 equity shares of Rs. 10 each held in ING Vysya Bank. Post-amalgamations, shareholders of ING Vysya Bank will receive shares of Kotak Mahindra Bank in the aforementioned ratio, resulting in change in shareholding of Kotak Mahindra Bank.</span><span style="background-color: white;">’</span><br /><b style="background-color: white;"><span style="font-family: Arial, sans-serif;">Note: </span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif;">The last merger to happen in the private sector banking space was in 2010 when Bank of Rajasthan was acquired by ICICI Bank.</span></div>
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<b><span style="font-family: Arial, sans-serif;">2.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">SBI to lend $ 1 billion to Adani Group to build Australian coal mine</span></b><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="background: white; font-family: Arial, sans-serif;">The infrastructure conglomerate, whose founder, Gautam Adani, has signed a memorandum of understanding for a loan of up to $1 billion from the SBI for the mine, rail and port project, which it aims to build by end-2017.</span><o:p></o:p></div>
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<b><span style="background: white; font-family: Arial, sans-serif;">ii.</span></b><span style="background: white; font-family: Arial, sans-serif;"> The loan, which would be one of the largest extended by an Indian bank for an overseas project, was announced as Mr. Adani was in Brisbane with a business delegation for the G20 summit, which Mr. Modi attended over the weekend.</span><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">3.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">RBI allows FIIs to buy equity in Yes Bank<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i.</span></b><span style="font-family: Arial, sans-serif;"> The Reserve Bank today said FIIs can buy equity shares in private lender Yes Bank as shareholding by foreign investors has gone below the prescribed limit.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii.</span></b><span style="font-family: Arial, sans-serif;"> The RBI has removed Yes Bank from its caution list of monitoring foreign investment following the dip in shareholding by foreign investors below the prescribed limit.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iii.</span></b><span style="font-family: Arial, sans-serif;"> Equity shares of Yes Bank can now be purchased through primary market and stock exchanges,” it added.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iv. </span></b><span style="font-family: Arial, sans-serif;">As per the data available on the BSE, FIIs held 46.30 per cent in Yes Bank as of quarter ended September 2014.</span><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">4.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">Exim Bank to set up Rs1,500-cr fund to assist ship-building industry<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">To give a boost to ship building in the country, the Export-Import Bank of India (Exim Bank) is planning to set up a dedicated Rs1,500-crore fund with Government support.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii.</span></b><span style="font-family: Arial, sans-serif;"> This proposal comes in the backdrop of the slump in global demand for ships and boats in 2012 and 2013 and foreign vessels accounting for a lion’s share (almost 90 per cent) in overseas cargo traffic handled at Indian ports.</span><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">iii. </span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif;">According to an Exim Bank study, the development of a successful ship building sector has been pivotal to the rapid and robust economic development in most countries in the world with long coastal boundaries.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iv.</span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif;">  Ship building industry has the potential to significantly contribute to national GDP.</span><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">5.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">Tech Mahindra acquires US based LCC for $240 million<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i.</span></b><span style="font-family: Arial, sans-serif;"> <span style="background: white;">Tech Mahindra Ltd., India’s fifth largest software services exporter, has announced that it has signed an agreement to acquire US-based Lightbridge Communications Corporation (LCC) for $240 million.</span><o:p></o:p></span></div>
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<b><span style="background: white; font-family: Arial, sans-serif;">ii.</span></b><span style="background: white; font-family: Arial, sans-serif;"> </span><span style="font-family: Arial, sans-serif;">LCC is a global network services leader. The transaction is expected to close by fourth quarter of Tech Mahindra’s fiscal year 2015.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iii.</span></b><span style="font-family: Arial, sans-serif;"> Headquartered in McLean, Virginia, LCC is one-of-the world’s largest independent global providers of network engineering services to the telecommunications industry, with more than 5,000 employees in over 50 countries, said a statement by Tech Mahindra in Hyderabad on Thursday.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iv.</span></b><span style="font-family: Arial, sans-serif;"> <span style="background: white;">With this acquisition, Tech Mahindra will also be addressing a rapidly growing market opportunity as telecommunications companies and enterprises accelerate the network upgrade cycle.</span><o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">6.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">Mozilla Firefox replaces default Google search engine with Yahoo<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i</span></b><span style="font-family: Arial, sans-serif;">. Yahoo will supplant Google’s search engine on Firefox’s Web browser in the U.S., signalling Yahoo’s resolve to regain some of the ground that it has lost in the most lucrative part of the Internet’s ad market.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii. </span></b><span style="font-family: Arial, sans-serif;">The five-year alliance announced on Wednesday will end a decade-old partnership in the U.S. between Google Inc. and the Mozilla Foundation, which oversees the Firefox browser.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iii. </span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif;">Even though Chrome is now more widely used, Firefox still has a loyal audience that makes more than 100 billion worldwide search requests annually.</span><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">7.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">China and Australia signed a MoU on bilateral Antarctic cooperation</span></b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">China and Australia on 18 November 2014 signed a memorandum of understanding (MoU) on bilateral Antarctic cooperation.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii.</span></b><span style="font-family: Arial, sans-serif;"> The MoU was signed in the presence of the President of China Xi Jinping and Prime Minister of Australia Tony Abbott in Hobart, Australia’s gateway to Antarctica.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iii.</span></b><span style="font-family: Arial, sans-serif;"> President of China Xi Jinping is on three nation tour to Australia, New Zealand and Fiji with Australia being the first leg of his visit.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">8.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">45th International Film Festival of India begins in Goa</span></b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">45th International Film Festival of India began at Panaji in Goa a short while ago. Mega Star of Indian Cinema Amitabh Bachchan is the chief guest of opening function.<span class="apple-converted-space"> </span></span><br /><b>ii.</b> The Festival will be opened with screening of a film of renowned Iranian director Mohsen Makhmalbaf. Indian Panorama will be inaugurated tomorrow with the screening of Elizabeth Ekadashi directed by Paresh Mokashi.<o:p></o:p></div>
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<b><span style="font-family: Arial, sans-serif;">9.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal; line-height: normal;">    </span></span></b><b><span style="font-family: Arial, sans-serif;">Assam Zoo set to become the first zoo in world to have the critically endangered Pygmy Hog<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i</span></b><span style="font-family: Arial, sans-serif;">. <span style="background: white;">Assam State Zoo in Guwahati in the third week of November 2014 decided to have the critically endangered pig<span class="apple-converted-space"> </span></span><strong style="border-radius: 0px !important;">Pygmy Hog (Porcula salvania)</strong>. Pygmy Hog is the rarest and smallest wild pig in the world.<span class="apple-converted-space"> </span></span><br /><b>ii</b>. <span style="background: white;">With this decision, Assam State Zoo is set to become the first and only zoo of the world to have this critically endangered species of pigs.<span class="apple-converted-space"> </span></span><br /><b>iii. </b><span style="background: white;">The Zoo took the decision to have the Pigmy Hogs as they are on the brink of extinction, and they want to make the zoo a captive breeding centre for the critically endangered mammals.</span><br /><b>iv. </b><span style="background: white;">The Pygmy Hog Research and Breeding Centre at Basistha, Assam will provide the pigs to the Assam zoo.</span><o:p></o:p></div>
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<b><span style="font-family: Arial, sans-serif;">About Pygmy Hog (Porcula salvania)</span></b><span style="font-family: Arial, sans-serif;"><br />Pygmy hog is the smallest and rarest of wild pigs available in Assam. At present number of this critically endangered mammal are around 200 only. The species measures about 65 cm in length and 25 cm in height. It weighs around 8 to 9 kilograms. <o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">10.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">  </span></span></b><b><span style="font-family: Arial, sans-serif;">Rampal Singh Jatin arrested by Haryana Police from his ashram in Hisar</span></b><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">Rampal Singh Jatin was in news because he was arrested by Haryana Police on 19 November 2014 from his fortified Satlok Ashram in Hisar of Haryana. He is famous as Sant Rampal and is a self-styled Godman.<o:p></o:p></span></div>
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<span style="font-family: Arial, sans-serif;">ii. He was arrested after two weeks of intense attempts by police to arrest him that involved rioting in which scores of persons were injured and around 5 persons were killed.<o:p></o:p></span></div>
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<span style="font-family: Arial, sans-serif;">iii. He was arrested under fresh cases of sedition, criminal conspiracy and rioting. Rampal will be produced in the Haryana and Punjab High Court on 20 November 2014.<b><o:p></o:p></b></span></div>
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<b><span style="font-family: Arial, sans-serif;">Problem that led to Court order and his arrest<o:p></o:p></span></b></div>
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<span style="font-family: Arial, sans-serif;">Rampal in 2006 criticised Dayanand Saraswati, the founder of Arya Samaj his criticism led to violent clashes at Karontha ashram between the followers of two sects, in which an Arya Samaj follower was killed. Following the death of the follower of Arya Samaj, Rampal was charged with murder, and was arrested but was released in 2008 after spending several months in jail.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">11.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">  </span></span></b><b><span style="font-family: Arial, sans-serif;">Airbus to sign deal with Delta for 50 planes</span></b><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">European aerospace giant Airbus is poised to sign a deal to deliver 50 long-haul carriers to US Delta Airlines in a contract worth $14 billion at catalogue prices.s<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii. Under</span></b><span style="font-family: Arial, sans-serif;"> the terms of the deal, Airbus will deliver 25 A350-900s, the company’s new long-haul carrier that this month received certification from the US Federal Aviation Authority, a source close to the negotiations said on condition of anonymity, sources told AFP today.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">iii.</span></b><span style="font-family: Arial, sans-serif;"> The other 25 planes will be A330-neos, an updated version of its wide-body medium-haul jet with fuel saving engines which is slated to enter into service at the end of 2017.<b><o:p></o:p></b></span></div>
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<b><span style="font-family: Arial, sans-serif;">12.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">  </span></span></b><b><span style="font-family: Arial, sans-serif;">World Tour Golf Championship gets underway in Dubai<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">World Tour Golf Championship gets underway at Jumeirah Golf states in Dubai today.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii.</span></b><span style="font-family: Arial, sans-serif;"> Top Golfers including the defending champion Henrik Stenson - the man in form this season - Rory Mcllroy, Justine Rose, Jamie Donaldson along with Stephen Gallacher are among the big names participating in the tournament.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">13.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal; line-height: normal;">  </span></span></b><b><span style="font-family: Arial, sans-serif;">Indian-origin hotel doorman Kottarapattu Chattu died<o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif;">Kottarapattu Chattu Kuttan of the venerable Galle Face Hotel in Colombo died on 18 November 2014 after a brief illness. He was 94.</span><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii</span></b><span style="font-family: Arial, sans-serif;">. <span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial;">He was Sri Lanka's oldest hotel doorman, who served world leaders like Lord Mountbatten, Princess Elizabeth, Emperor Hirohito, Mahatma Gandhi, Jawaharlal Nehru, Indira Gandhi and Richard Nixon at the Galle Face Hotel in Colombo for 72 years</span></span><o:p></o:p></div>
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<b><span style="font-family: Arial, sans-serif;">iii.</span></b><span style="font-family: Arial, sans-serif;"> <span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial;">The Galle Face Hotel, founded in Colombo, Sri Lanka in 1864, is the oldest hotel east of Suez.</span></span><b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></b></div>
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<b><span style="font-family: Arial, sans-serif;">14.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">  </span></span></b><b><span style="font-family: Arial, sans-serif;">Srikanth breaks into top 10 in badminton ranking</span></b><span style="font-family: Arial, sans-serif;"><o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">i. </span></b><span style="font-family: Arial, sans-serif;">Owing to his recent title victory at the China Open in Fuzhou, K. Srikanth climbed up six places to achieve a career-best 10th in the men’s singles category of the latest Badminton World Federation (BWF) rankings released on Thursday.<o:p></o:p></span></div>
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<b><span style="font-family: Arial, sans-serif;">ii.</span></b><span style="font-family: Arial, sans-serif;"> Olympic medallist Saina Nehwal also jumped up a place to move up the ladder to number 4 in the women’s singles rankings, even as P.V. Sindhu managed to maintain her 10th position in the list.</span></div>
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20th november Daily GK update

Daily GK Update - 20th Nov 2014 1. Kotak Mahindra acquire ING Vysya Bank i. Kotak Mahindra Bank, on Thursday, announced ...

GK Questions asked SBI associate PO 2014 exam(9th November - morning shift)

0 Banking, Daily GK 19:29

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<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">We are providing you some of the GK,marketing and computer questions asked in today's exam</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><a href="https://www.blogger.com/null" name="more" style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"></a><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br />
<ol style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
<li>Which is the Regulatory body for RRB? - NABARD</li>
<li>Who is the author of God of small thing ? Arundhati Roy</li>
<li>NPS stands for? National pension scheme</li>
<li>RBI policy related to money laundering? Know Your Customer</li>
<li>NBFC deals in? -  providing banking services</li>
<li>What is the full form of PDF? Portable Document Format</li>
<li>Who won the Nobel piece awrd 2014? Kailash Satyarthi and Malala Yousafzay</li>
<li>Who belongs to tennis? options were - djokovic, federer, messi</li>
<li>When is world rabies day? 28th setember</li>
<li>Interest on savings account is calculated on which basis? daily basis</li>
<li>In which of the following places there is no nuclear plant? - kenya</li>
<li>Mutual funds regulated by ? - Securities and Exchange Board of India</li>
<li>What is ping in computer networking utility? - Packet InterNet Groper</li>
<li>Processor speed measure in Instructions per second</li>
<li>Using two different brand names for a propose of single product is called? Co-branding</li>
<li>One question on repo rate</li>
<li>What is the function of Ctrl + s in MS Word = to save file or document</li>
<li>Ping in computer used for</li>
</ol>
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GK Questions asked SBI associate PO 2014 exam(9th November - morning shift)

We are providing you some of the GK,marketing and computer questions asked in today's exam Which is the Regulatory body for RRB? - NA...

SBI Associate PO 9th November 2014 morning shift - An Analysis

0 Banking, Daily GK 19:27

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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrZTDLxkE75UOzQ_WgP83i73AkJrIkTHGLclKnAVWHPCaL-pyGMGjJYEfvq0nTr4iuvPlo5y-zTNZe89mcIOqWnhBYjLpyvxuzcfzNGhNSW3sb7CXA8LdA0a3RbuCm9aAL1tyCbRlw1NE/s1600/Capture.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="154" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrZTDLxkE75UOzQ_WgP83i73AkJrIkTHGLclKnAVWHPCaL-pyGMGjJYEfvq0nTr4iuvPlo5y-zTNZe89mcIOqWnhBYjLpyvxuzcfzNGhNSW3sb7CXA8LdA0a3RbuCm9aAL1tyCbRlw1NE/s1600/Capture.JPG" width="320" /></a></div>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Types of questions in today's exam</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Data analysis and interpretation</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">the sections consists of -</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br />
<ul style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
<li>4 sets of DI's</li>
<li>5 series questions</li>
<li>1 set of question on data analysis</li>
<li>probability (coloured balls)</li>
<li>5 data sufficiency</li>
</ul>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Reasoning Abilities</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br />
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<li>Circular Sitting arrangement with some facing inward some outward</li>
<li>Puzzle based on floor,</li>
<li>one puzzle based on linear sitting arrangement </li>
<li>Question based on Machine Input</li>
<li>5 questions on inequalities</li>
<li>5 questions on syllogism</li>
<li>5 questions on Data Sufficiency</li>
</ul>
<br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">English Language</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br />
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<li>Cloze test</li>
<li>2 passage</li>
<li>Para jumble</li>
<li>Sentence correction</li>
<li>Fill ups</li>
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Descriptive Test - </div>
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Essay:</div>
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<li>Is personal goal important in ones life</li>
<li>Who is the beneficiary of FDI in retail:consumer,farmer,investor</li>
<li>Lesson learnt from football and kabaddi league</li>
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Paragraph writing</div>
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<li>turning point of your life </li>
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Letter writing</div>
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<li>Write a letter to your parents for sending 6000 rs for educational tour</li>
<li>Complaint for Consumer forum money minded coaching </li>
</ul>
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Precise writing was related to UGC</div>
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<span style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br />source:bankersadda</span></div>

SBI Associate PO 9th November 2014 morning shift - An Analysis

Types of questions in today's exam Data analysis and interpretation the sections consists of - 4 sets of DI's 5 series questio...

GK question asked in SBI Associate PO - 9th November 2014 (Evening shift)

0 Banking, Daily GK 19:24

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We are providing you some of the GK,marketing and computer questions asked in today's exam.</div>
<ol>
<li>What does B stands for in ECB ? - Borrowings </li>
<li>What is the full form of RRB ? - Regional rural Bank<a href="https://www.blogger.com/null" name="more"></a></li>
<li>What is the upper limit of PPF ? - 1.5 lakh</li>
<li>What is the oldest currency in the world? - Pound sterling</li>
<li>Which among the following is not an output device ? - Scanner</li>
<li>Who is the author of the book Final Test: Exit Sachin Tendulkar ? - Dilip D' Souza</li>
<li>What will Inflation result in ? - Decrease in economic activities of a country</li>
<li>Which among the following is a volatile memory ? - RAM</li>
<li>Question based on the definition of GNP (Gross National Product)</li>
<li>What is an Internet explorer ? Browser</li>
<li>What is the extension used for MS word ? - .doc,.docx</li>
<li>What is the first step of buying ? - need recognition</li>
<li>In which of the following areas there is no 100% FDI in railways ? -  </li>
<li>who is water resource minister ? - Uma Bharti</li>
<li>the 5000 ₹ overdraft in Jan dhan will be applicable only if the account is active for how many months.</li>
<li>The slogan " I have a dream" is given by which American activist in his public speech ? - Martin Luthor King</li>
<li>which PSU is responsible for insurance over export? - Export Credit Insurance </li>
<li>Which is an insurance regulatory body- IRDA</li>
</ol>
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GK question asked in SBI Associate PO - 9th November 2014 (Evening shift)

We are providing you some of the GK,marketing and computer questions asked in today's exam. What does B stands for in ECB ? - Borro...

SBI Associate PO (9th November 2014 evening) Analysis

0 Banking, Daily GK 19:22

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<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Types of questions in today's exam</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Data analysis and interpretation</span><br style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;" /><span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">the sections consists of -</span><br />
<ul style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
<li>5 sets of DI's(language,pie chart, bar graph and line chart and tabular)</li>
<li>5 series questions</li>
<li>5 questions probability (coloured balls)</li>
<li>5 data sufficiency</li>
</ul>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">Reasoning Abilities</span><br />
<ul style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
<li>Circular Sitting arrangement with some facing inward some outward</li>
<li>Puzzle based on floor,</li>
<li>one puzzle based on linear sitting arrangement </li>
<li>Question based on Machine Input</li>
<li>5 questions on inequalities</li>
<li>5 questions on syllogism</li>
<li>5 questions on Data Sufficiency</li>
<li>logical reso</li>
</ul>
<span style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">English Language</span><br />
<ul style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
<li>Cloze test</li>
<li>2 comprehensions</li>
<li>Para jumble</li>
<li>Sentence correction</li>
<li>Fill ups - double</li>
</ul>
<div style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
<div>
Descriptive Test - </div>
<div>
<br /></div>
<div>
Essay:</div>
<div>
<ul>
<li>Role of banking sector in CSR activities.</li>
<li>Merits and demerits of the self attestation of documents.</li>
</ul>
</div>
<div>
Paragraph writing</div>
<div>
<ul>
<li>Cleanliness is godliness </li>
<li>All that glitters is not gold</li>
<li>Disadvantages of a nuclear family.</li>
</ul>
</div>
<div>
Letter writing</div>
<div>
<ul>
<li>Write a letter to bank manager to unblock your debit card blocked after attempting wrong pin.</li>
<li>Write a letter to the  editor of the newspaper for complaining against the lack of security in parks of your society.</li>
</ul>
</div>
<div>
Precise writing was related to Business code of conduct.</div>
</div>
<div style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;">
</div>
<span style="font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 12px;"><br /><br />source:bankersadda</span></div>

SBI Associate PO (9th November 2014 evening) Analysis

Types of questions in today's exam Data analysis and interpretation the sections consists of - 5 sets of DI's(language,pie char...