General Awareness Related To Location

1.The Central Research Institute in Yoga and Naturopathy will be set up in which of the following Indian states? [A] Kerala
[B]Maharashtra
 [C]Gujarat
 [D]Odisha

2.The headquarters of National Institute of Wind Energy (NIWE) are located at which city?
[A]Kochi
[B]Chennai
[C]Bengaluru
[D]Hyderabad.

3.At which of the following places, India is developing its Strategic Petroleum Reserve (SPR)?
[A]Mangaluru
[B]Chennai
[C]Kolkata
[D]Mumbai

4.In which city Michael Phelps swim clinic was launched recently?
[A]New Delhi
[B]Bengaluru
[C]Hyderabad
[D]Chennai 

5.In which country Katas Raj temple is located?
[A]Nepal
[B]Pakistan
[C]Bhutan
[D]Bangladesh 

6.Which Asian country successfully launched the first indigenous armed drone called Burraq on March, 2015?
[A]China
[B]Pakistan
[C]Sri Lanka
[D]Japan

7.Which city has been decided as venue of 13th World Robot Olympiad to be Held in November, 2016 ?
[A].Mumbai
[B].Bengaluru
[C].Delhi
[D].Pune

8.Which country has launched a remote sensing satellite that will focus on experiments on survey of land, crop yields and disaster relief ?
[A].Japan
[B].China
[C].Russia
[D].Italy

9.The Yachting Association of India (YAI) Senior National Championship – 2015 organised by the Indian Naval Watermanship Training Centre from 19 Oct 2015 to 24 Oct 2015 in
[A]. Kerala
[B]. Mumbai
[C]. Goa
[D]. Telangana

10.Where is the India-US Startup Konnect going to take place on September 27 2015?
[A]. Fremont, California
[B]. Delhi
[C]. San Jose, California
[D]. Varanasi, Gujarat

Answer
1.[d]   2.[b]   3.[a]  4.[b] 5.[b]  6.[b]  7.[c]  8.[b]  9.[b]  10.[c]

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General Awareness Related To Awards 2015 For Bank Exam

1.Which of the following films has won the prestigious Golden Peacock award at the IFFI 2015?
[A]Mustang
[B]The Measure of a Man
[C]Embrace of the Serpent
[D]Eisenstein

2.Who is the director of Marathi film “Court”, which was recently selected as India’s official entry to Oscars?
[A]Mira Nair
[B]Supran Sen
[C]Koratala Siva
[D]Chaitanya Tamhane

3.As of 2015, how many Presidents of China have been conferred with the Pakistan’s highest civilian award Nishan-e-Pakistan
[A]One
[B]Two
[C]Three
[D]Four

4.Kuldip Nayar honoured with Ramnath Goenka Lifetime Achievement Award. His awarded for his contribution to __________?
[A]Flim.
[B]Literature
[C]journalism
[D]Social work

5.2015 Indira Gandhi Prize for Peace has been conferred on which of the following UN Office ?
[A].UN Framework Convention on Climate Change
[B].UN Educational, Scientific and Cultural Organization
[C].UN High Commissioner for Refugees
[D].UN World Tourism Organization

6.Who has been awarded with Thomas J. Dodd Prize in International Justice and Human Rights by the University of Connecticut?
[A]. Narendra Modi
[B]. Barack Obama
[C]. Bill Clinton
[D]. Mark Zuckerberg

7.Which country lead in having largest shares in UAE’s annual Zayed Future Energy Prize?
[A]. Mexico
[B]. India
[C]. Africa
[D]. China


8.“ A Brief History of Seven Killings” won the prestigious Man Booker Prize Award.This book written by?
[A]Marlon James
[B]J.R.R.Tolkein
[C]Melvin Burgess
[D]Clive Cussler

9._________ was awarded prestigious the Hevesy Medal Award 2015.?
[A] Angus Deaton
[B]Susanta Lahiri
[C]A.K. Dasgupta
[D]Harbhajan Halwarvi 

10.Mazen Darwish Honoured with World Press Freedom Prize 2015. Who is he?
[A]Israel journalist
[B] Hungarian journalist
[C]Syrian journalist
[D]Afghan journalist


1.[c]  2.[d]   3.[c]   4.[c]  5.[c]  6.[c]  7.[b] 8.[A] 9.[b] 10.[C]

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Important Interview Question And Answer For Bank Exam

Q-1 What is meant by development Oriented banking?
Taking up the task of development of the economy by providing support to under privileged sections of the society.

Q-2 The term "BSR' refers to:
BSR code is unique for a branch of a bank.Hence all the branches of any Bank will have its unique BSR ( Basic Statistical Return) Code. This will help to recognize the bank's branch detail it will be also helpful for a pensioner who retires from GOVT. OF INDIA ( Central Govt.employee)to get their pension, they have to intimate their Bank A/C No. along with the BSR CODE,which is very much available with the bank.

Q-3. What is a Third party buyer?
 A third-party transaction is a business deal involving a buyer, a seller and a third party. The third party's involvement varies with the type of business transaction.  A seller offers a good or service, and a buyer uses a credit card entered through the PayPal payment service. The payment is run through a third party, and is therefore a third-party transaction.
 
Q-4 What you know about  " A veteran banker Vinay Baijal "?
 A veteran banker of about forty five years, Mr. Vinay Baijal retired from the Reserve Bank of India as the Chief General Manager (CGM) after working there for 35 long years. He primarily dealt with the regulatory framework for foreign banks in India, with emphasis on International banking and Anti-Money Laundering. Mr. Baijal was also the founding CEO of Banking Codes and Standards Board of India (BCSBI). He also worked as a member of the SEBI “Committee on Mis-selling of Mutual Funds” in 2011-12. In conversation with MFIN, Mr. Vinay Baijal, Board Member, MFIN shares his experiences about the industry environment and how MFIN fits into the landscape

Q-5What is Soft Loan and Hard Loan?
 A soft loan is a loan with a below-market rate of interest. This is also known as soft financing. Sometimes soft loans provide other concessions to borrowers, such as long repayment periods or interest holidays. Soft loans are usually provided by governments to projects they think are worthwhile. The World Bank and other development institutions provide soft loans to developing countries.This contrasts with a hard loan, which has to be paid back in an agreed hard currency, usually of a country with a stable robust economy

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General Awareness Related To Countries in NEWS

1.Recently, Tropical Storm Etau caused extensive and destructive floods in which of the following countries?[A]Australia

[B]Japan

[C]China

[D]Sri Lanka

2.Which of the following countries has most recently signed an MoU with India for co-operation in the field of election management and administration?

[A]Tajikistan.

[B]Japan.

[C]Canada.

[D]Georgia


3.Which of the following countries has entered into an agreement with India to setup a Rs.50 crore fund to support clean energy?

[A] Russia.

[B]Japan.

[C]US

[D]Canada


4.The  NATO and the United States officially ended their 13 years combat mission in which Asian country?

[A]Iraq.

[B]Afghanistan.

[C]Vietnam.

[D]Syria.


5.Which among the following countries decided to restore their diplomatic relations after more than 50 years of hostility?

[A]USA and Cuba.

[B]USA and Venezuela.

[C]Russia an USA.

[D]USA and Iran


6..With which country India has created a “joint challenge coin” to symbolise their unique partnership in creating a next-generation aircraft carrier for the Indian Navy?

[A]Israel

[B]USA

[C]Japan

[D]Russia

7.India has signed an MoU with which country for the development of Measles- Rubella Vaccines?

[A]Denmark

[B]Italy

[C] Netherlands

[D] Germany


8. India has signed a Joint Economic and Trade Committee with

[A] USA

[B]Seychelles

[C] Israel

[D]Ecuador



9.The Parchin military site, which was recently making news is in which country?

[A]Iran

[B]Iraq

[C]Syria

[D]Libya

10.Which of the following countries has world’s highest household broadband penetration in 2015?

[A]Qatar

[B]United States

[C]South Korea

[D]Japan

Answer

1.[B]  2.[D]   3.[C]  4.[B]  5.[A]  6.[B]  7.[C]  8.[D]  9.[A]   10.[C]

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Pradhan Mantri Krishi Sinchai Yojana - Recent Program

Pradhan Mantri Krishi Sinchai Yojana
Food and retail inflation are natural corollaries to the situation and this hurts the economy. In 2014-15, foodgrain production in the country dropped by about 5.3 per cent. In an attempt to improve the agricultural productivity, the government of India has come up with a new scheme, the Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) has been formulated amalgamating ongoing schemes viz. Accelerated Irrigation Benefit Programme (AIBP) of Ministry of Water Resources, River Development & Ganga Rejuvenation; Integrated Watershed Management Programme (IWMP) of Department of Land Resources; and On Farm Water Management (OFWM) component of National Mission on Sustainable Agriculture (NMSA) of Department of Agriculture and Cooperation. PMKSY is to be implemented in an area development approach, adopting decentralized state level planning and projectised execution, allowing the states to draw their irrigation development plans based on district/blocks plans with a horizon of 5 to 7 years. States can take up projects based on the District/State Irrigation Plan.

Apart from the irrigation projects, INR 200 crore from this scheme will be earmarked as Agri-Tech Infrastructure Fund (ATIF) – the corpus required to promote the National Agricultural Market (NAM). This will give farmers easy access to the markets for sale of their produce. The FM also said that the budgetary allocation for this scheme may tie into the material component of the MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act)

All the States and Union Territories including North Eastern States are covered under the programme.

The National Steering Committee (NSC) of PMKSY under the chairmanship of Hon’ble Prime Minister, will provide policy direction to programme framework and a National Executive Committee (NEC) under the chairmanship of Vice Chairman of NITI Aayog will oversee the programme implementation at national level.

Provision has been made under PMKSY during 2015-16 for carrying out extension activities in the field with special focus on water harvesting, water management and crop alignment for farmers and grass root level field functionaries.
 

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Pradhan Mantri Garib Kalyan Yojana -Recent Program

Pradhan Mantri  Garib Kalyan Yojana

Garib Kalyan Yojana is a Poverty Alleviation Scheme, which is primarily a work shop that you can pay and attend.The Garib Kalyan Yojana was officially launched by Prime Minister Narendra Modi in April 2015, when he announced that for development of any country, the welfare of weaker and poor people of the country is utmost important.  

The objective of the workshop is to revive the government’s pro-poor welfare programs.  It would also ideate effective ways to implement and maximize the outreach of the welfare initiatives.  In this campaign, the senior ministers would be in charge of creating a road map to poverty alleviation and drain down the ideas to the member of parliaments so that the welfare work is initiated at the grass root level.

The effort of the campaign and workshop is to motive and appraise the member of parliaments to help them effectively implement the government run schemes for the welfare of poor in the country.

The Prime Minister announced the launch of Garib Kalyan Mela across 22 districts in the state of Gujarat itself, which would benefit more than 1.5 lakh prospective beneficiaries

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Recent Program Deen Dayal Upadhyaya Gram Jyoti Yojana -Interview Focus For Bank Main Exam

Deen Dayal Upadhyaya Gram Jyoti Yojana or DDUGJY is an Government of India scheme aimed to provide continuous power supply to rural India.

It is one of the key initiative of Modi Government and it aims to supply 24x7 uninterrupted power supply to all homes.

The government plans to invest Rs 75,600 crore for rural electrification under this scheme. The scheme will replace the existing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY)..

The new scheme of Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), recently approved by the Union Government draws its inspiration from the similar pioneering scheme implemented by the Government of Gujarat. ThiThis will help in providing round the clock power to rural households and adequate power to agricultural consumers .The earlier scheme for rural electrification viz. Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) has been subsumed in the new scheme as its rural electrification component

 Rural Electrification Corporation (REC) is the Nodal Agency for operationalization of this Scheme. It will furnish monthly progress reports on the implementation of the scheme indicating both financial and physical progress to Ministry of Power and Central Electricity Authority .

Components

i) to separate agriculture and non agriculture feeders facilitating judicious rostering of supply to agricultural and non-agricultural consumers in rural areas and

(ii) strengthening and augmentation of sub transmission and distribution infrastructure in rural areas, including metering of distribution transformers/feeders/consumers

The scheme would help in:

(i) Improvement in hours of power supply in rural areas,

(ii) Reduction in peak load,

(iii) Improvement in billed energy based on metered consumption and

(iv) Providing access to electricity to rural households.

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Important Interview Question And Answer For Bank Exam

1.What is partnership deed ?
A partnership comes into existence by agreement between the persons who want to share the profit of the business. Such an agreement may be implied by the conduct of the partners or may be express (Oral or written). In order to avoid future dispute, it is advisable to have a written agreement. The document containing the agreement between partners is called ‘Partnership deed’. The document containing the agreement between the partners is called ‘Partnership Deed’. The deed must be properly stamped and signed by all the partners except a minor who has be admitted in the benefits of partnership.

2.Who is chairman of SBI?
Arundhati Bhattacharya is an the first woman to be the Chairperson of State Bank of India in 2014.

3.What is PIN?
A personal identification number  is a numeric password shared between a user and a system, that can be used to authenticate the user to the system. Typically, the user is required to provide a non-confidential user identifier or token (the user ID) and a confidential PIN to gain access to the system.The PIN is not printed or embedded on the card but is manually entered by the cardholder during automated teller machine (ATM) and point of sale (POS) transactions (such as those that comply with EMV), and in card not present transactions, such as over the Internet or for phone banking.

4.What is fictitious asset?
Fictitious assets are not assets at all however they are shown as assets in the financial statements only for the time being. In fact, they are expenses & losses which for some reason couldn’t be written off during the accounting period of their incidence.Fictitious assets are used to keep track of assets that cannot be recorded under normal accounting categories, such as prepayments or deferred revenue.Assets, which have no market value, are called fictitious assets. Examples of fictitious assets are preliminary expenses, loss on issue of shares or debentures etc.

5.What is a foreign reserve?
 Foreign-exchange reserves (also called forex reserves or FX reserves) are assets held by a central bank or other monetary authority, usually in various reserve currencies foreign-exchange reserves should only include foreign banknotes, foreign bank deposits, foreign treasury bills, and short and long-term foreign government securities.Foreign-exchange reserves are called reserve assets in the balance of payments and are located in the capital account. Hence, they are usually an important part of the international investment position of a country. The reserves are labeled as reserve assets under assets by functional category. In terms of financial assets classifications, the reserve assets can be classified as Gold bullion, Unallocated gold accounts, Special drawing rights, currency, Reserve position in the IMF, interbank position, other transferable deposits, other deposits, debt securities, loans, equity (listed and unlisted), investment fund shares and financial derivatives, such as forward contracts and options. There is no counterpart for reserve assets in liabilities of the International Investment Position. Usually, when the monetary authority of a country has some kind of liability, this will be included in other categories, such as Other Investments. In the Central Bank’s Balance Sheet, foreign exchange reserves are assets, along with domestic credit.

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Recent Program ‘Beti Bachao, Beti Padhao’ Scheme

‘Beti Bachao, Beti Padhao’ Scheme – To Ensure the Rights of the Girl Child

 With an initial corpus of Rs 100 crore, the scheme has been launched in a hundred districts across the country. In Haryana where the child sex ratio (CSR)  has been dismally low, 12 districts have been chosen: Rewari, Mahendergarh, Bhiwani, Jhajjar, Ambala, Kurukshetra, Sonepat, Rohtak, Karnal, Kaithal, Panipat and Yamuna Nagar.

The scheme aims at making girls independent both socially as also financially through education. This approach of the Government can facilitate in generating awareness and improving the efficiency of delivery of welfare services meant for the women.

The Prime Minister also launched the ‘Sukanya Samriddhi Account’ for the benefit of the girl child. He  released a stamp on the theme of ‘Beti Bachao, Beti Padhao,’ The Government has initiated this innovative scheme to save the lots of the girl children.

It can be a boon not just for the girl children but also for the whole society. Moreover, ‘Beti Bachao, Beti Padhao’ yojana comes at a time when the nation is confronted with problems associated with women’s safety like rape and other forms of assault. The Government also projected Rs 150 crore to be spent by the Ministry of Home Affairs on a scheme to extend the security of women in large cities.

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General Awareness and interview perparation

ABOUT NITI

Prime Minister Narendra Modi has started the New Year by replacing the 65-year-old Planning Commission, which he had accused of stifling growth with Soviet-style bureaucracy, with a body that he says will give state governments a much larger say in crucial decisions.
1. The new National Institution for Transforming India (NITI) will act more like a think tank or forum, say its supporters, in contrast with the Commission which imposed five-year-plans and allocated resources to hit set economic targets.
2.NITI will include leaders of India's 29 states and seven union territories. But its full-time staff - a deputy chairman, Chief Executive Officer and experts - will answer directly to the 64-year-old Prime Minister, who will be chairman.
3. Mr Modi, elected by a landslide last year on a promise to revive flagging growth and create jobs, had vowed to do away with the Planning Commission that was set up in 1950 by Congressman and Prime Minister Jawaharlal Nehru.
4.But his plans have been derided by the Congress party, which wants to defend the Nehru legacy and describes Mr Modi's vision of "cooperative federalism" as cover for a veiled power grab.
5.India's first Prime Minister Jawaharlal Nehru, a socialist who admired Joseph Stalin's drive to industrialize the Soviet Union, set up and chaired the Commission to map out a development path for India's agrarian economy.
6.In 2012, the Planning Commission was pilloried for spending some Rs. 35 lakh to renovate two office toilets, and then it was lampooned for suggesting that citizens who spent Rs. 27 or more a day were not poor.
7.The commission had remained powerful over the decades because it had emerged as a sort of parallel cabinet with the Prime Minister as its head


Chairperson
Shri Narendra Modi, Hon'ble Prime Minister
Vice Chairperson
Shri Arvind Panagariya
Full-Time Members
Shri Bibek Debroy
Shri V.K. Saraswat
Ex-officio Members
Shri Rajnath Singh, Minister of Home Affairs
Shri Arun Jaitley, Minister of Finance; Minister of Corporate Affairs; and Minister of Information and Broadcasting
Shri Suresh Prabhu, Minister of Railways
Shri Radha Mohan Singh, Minister of Agriculture

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Interview Preparation- SBI Bank Job

 Characteristics / Features of a Bank ↓
1. Dealing in Money

Bank is a financial institution which deals with other people's money i.e. money given by depositors. 

2. Individual / Firm / Company 

A bank may be a person, firm or a company. A banking company means a company which is in the business of banking. 

3. Acceptance of Deposit

A bank accepts money from the people in the form of deposits which are usually repayable on demand or after the expiry of a fixed period. It gives safety to the deposits of its customers. It also acts as a custodian of funds of its customers. 
4. Giving AdvancesA bank lends out money in the form of loans to those who require it for different purposes. 
5. Payment and Withdrawal
A bank provides easy payment and withdrawal facility to its customers in the form of cheques and drafts, It also brings bank money in circulation. This money is in the form of cheques, drafts, etc. 
6. Agency and Utility Services

A bank provides various banking facilities to its customers. They include general utility services and agency services.
7. Profit and Service Orientation
A bank is a profit seeking institution having service oriented approach.
8. Ever increasing Functions
Banking is an evolutionary concept. There is continuous expansion and diversification as regards the functions, services and activities of a bank.
9. Connecting Link
A bank acts as a connecting link between borrowers and lenders of money. Banks collect money from those who have surplus money and give the same to those who are in need of money.
10. Banking Business
A bank's main activity should be to do business of banking which should not be subsidiary to any other business.
11. Name Identity
A bank should always add the word "bank" to its name to enable people to know that it is a bank and that it is dealing in money.

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Interview Question SBI Associate Bank

About the Recent program of government HRIDAY scheme

National Heritage City Development and Augmentation YojanaThe National Heritage City Development and Augmentation Yojana (HRIDAY) was in news recently as Union Urban Development Minister M Venkaiah Naidu announced the plans to launch the scheme.

HRIDAY is a scheme for conserving and preserving the heritage characters of 12 cities. These are: Amritsar, Varanasi, Gaya, Puri, Ajmer, Mathura, Dwarka, Badami, Velankanni, Kanchipuram, Warangal (Telangana) and Amaravati (Andhra Pradesh).

The scheme aims at developing tourism and job creation because India’s rich cultural, historical, religious and natural heritages have a huge potential of tourism.

Earlier, in his maiden budget speech in July 2014, Union Finance Minister Arun Jaitley had made the announcement of launching HRIDAY scheme.As per the announcement, the scheme will involve a partnership between the government, academic institutions and local communities, combining affordable technologies.

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Interview Questions - For Freshers (SBI Associate bank clerk)

• Tell me about yourself. Why should I hire you? What are your strengths and weaknesses?
  What is the difference between confidence and over confidence? What is the difference between hard work and smart work? What motivates you to do bank job? What are your goals? What makes you angry? What are your other career options right now? Who has inspired you in your life and why? What was the toughest decision you ever had to make? How do you define success and how do you measure up to your own definition? Where do you see yourself five years from now? Tell me about a situation when your work was criticized  How do you feel about reporting to a younger person?

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