Sunday, 10 June 2018

Acts related to Banking - 10/06/2018





  1. Negotiable Instrument Act–1881
  2. The Bankers’Books Evidence Act–1891
  3. The ReserveBank of India Act–1934
  4. The Industrial Finance Corporation of India Act–1948
  5. The Banking Companies (Legal Practitioner Clients’ Accounts) Act–1949
  6. The Industrial Disputes (Banking and Insurance Companies) Act–1949
  7. The Banking Regulation(Companies) Rules–1949
  8. The Banking Regulation Act–1949
  9. The State Financial Corporations Act–1951
  10. The Reserve Bank of India (Amendment and Misc. Provisions) Act–1953
  11. The Industrial Disputes (Banking Companies) Decision Act–1955
  12. The State Bank of India Act–1955
  13. The State Bank of India (Subsidiary Banks) Act-1959
  14. The Subsidiary Banks General Regulation–1959
  15. The Deposit Insurance and Credit Guarantee Corporation Act–1961(DICGC)
  16. The Banking Companies (Acquisition and Transfer of Undertakings) Act–1970
  17. The Regional Rural Banks Act–1976
  18. The Banking Companies (Acquisition and Transfer of Undertakings) Act–1980
  19. The Export-Import Bank of India Act–1981
  20. The National Bank for Agriculture and Rural Development Act–1981
  21. Chit Fund Act–1982
  22. Sick Industrial Companies (Special Provisions)Act–1985
  23. The National Housing Bank Act–1987
  24. SIDBI Act–1989
  25. The Special Court (trial of Offences relating to Transactions in Securities) Act–1992
  26. The Industrial Finance Corporation (Transfer of Undertakings and Repeal) Act–1993
  27. Industrial Reconstruction Bank (Transfer of Undertaking & Appeal) Act–1997
  28. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act–(SARFASI-2002)
  29. Industrial Development Bank (Transfer of Undertaking & Repeal) Act–2003
  30. Credit Information Companies (Rules & Regulation) Act–2005
  31. The Industrial Finance Corporation of India Act–1948
  32. The Banking Companies (Legal Practitioner Clients’ Accounts) Act–1949
  33. The Industrial Disputes (Banking and Insurance Companies) Act–1949
  34. The State Financial Corporations Act–1951
  35. The Reserve Bank of India (Amendment and Misc. Provisions) Act–1953
  36. The Industrial Disputes (Banking Companies) Decision Act–1955
  37. The State Bank of India Act–1955
  38. The State Bank of India (Subsidiary Banks) Act-1959
  39. The Subsidiary Banks General Regulation–1959
  40. The Deposit Insurance and Credit Guarantee Corporation Act–1961
  41. The National Bank for Agriculture and Rural Development Act–1981
  42. Chit Fund Act–1982
  43. Shipping Development Fund Committee (Abolition)Act–1985
  44. Sick Industrial Companies (Special Provisions)Act–1985
  45. The National Housing Bank Act–1987
  46. The Special Court (trial of Offences relating to Transactions in Securities) Act–1992
  47. The Industrial Finance Corporation (Transfer of Undertakings and Repeal) Act–1993
  48. Industrial Reconstruction Bank (Transfer of Undertaking & Appeal) Act–1997
  49. SIDBI General Regulations, 1990
  50. Banking Regulation (Companies) Rules 1949
  51. The Nationalised Banks (Management and Misc. Provisions)Scheme,1970
  52. NABARD General Regulations 1982
  53. Banking Companies (Period of Preservation of Records) Rules, 1985
  54. Banking Companies (Regulation)Rules,1985
  55. NABARD Bonds Regulations — 1988
  56. The Banking Ombudsman Scheme, 2006
  57. Factoring Act Rules, 2011
  58. SARFAESI (Central registry) Rules,2011
  59. Banker’s Books Evidence Act, 1891
  60. Banking Regulation Act, 1949
  61. Banking Companies (Legal Practitioners’ Clients’ Account) Act, 1949
  62. Banking Regulation (Companies) Rules, 1949
  63. Banking Companies (Acquisition and Transfer of Undertaking) Act, 1969
  64. Debts Recovery Appellate Tribunal (Procedure) Rules,1994
  65. Foreign Contribution (Regulation) Act, 1976
  66. Foreign Exchange Management Act, 1999
  67. Indian Partnership Act, 1932
  68. Indian Stamp Act, 1899
  69. Indian Trusts Act, 1882
  70. Limitation Act, 1963
  71. Recovery of Debts due to Banks and Financial Institutions Act,1993
  72. Reserve Bank of India Act — 1934

Tuesday, 10 April 2018

Current affairs 10/04/2018



1. President Kovind holds delegation-level talks with Swaziland King Mswati III in Mbabane
President Ram Nath Kovind, on a three-nation Africa visit, held delegation-level talks with Swaziland King Mswati III in Mbabane.
  • India and Swaziland signed two agreements on health and visa waiver in the presence of President Kovind and King Mswati.
  • President Kovind was conferred with Order of the Lion, the highest award of Swaziland.
2. UNSC holds an emergency meeting on suspected use of chemical weapons in Syria
The UN Security Council held an emergency meeting on the suspected use of chemical weapons in Syria, at the request of the United States and 8 other countries.
  • The UN special envoy for Syria, Staffan de Mistura, took part in the meeting via a video link from Switzerland. He denounced the alleged use of chemical weapons as a grave violation of international law.
3. Conference on Water, Environment and Climate Change to begin in Nepal
An international conference on ‘Water, Environment and Climate Change: Knowledge Sharing and Partnership’ will start in Kathmandu.
  • The three-day event is being organised by the Department of Water Supply and Sewerage, Govt of Nepal in association with the Society of Public Health Engineers Nepal (Sophen) and Nepal Engineers Association.
  • The basic objective of the conference is to bring together professionals, academicians, researchers, entrepreneurs, government and non-government institutions to discuss and deliberate on challenges, opportunities and strategies related to water and environmental issues.
  • Capital: Kathmandu
  • Currency: Nepalese rupee
  • Prime minister: Khadga Prasad Oli
  • President: Bidhya Devi Bhandari
4. World Homoeopathy Day: 10 April
A two-day scientific convention is being organised in New Delhi by Ministry of AYUSH on the occasion of World Homoeopathy Day, on 10-11th April 2018.
  • The Vice President Shri. M. Venkaiah Naidu will be the chief guest at the function while Minister of State (I/C) for AYIJSH Shri Shripad Yesso Naik will preside.
  • This day is observed to commemorate the birth anniversary of the founder of Homoeopathy Dr. Christian Friedrich Samuel Hahnemann.
  • The theme of this convention is "Innovate: Evolve; Progress: Exploring Science since 40 years”.
5. 8th Theatre Olympics Concludes in Mumbai
After a glorious run of 51 days across 17 cities of India, the historic event 8th Theatre Olympics drew to a colourful close in Mumbai.
  • The 8th Theatre Olympics was inaugurated by Hon’ble Vice President of India, Shri Venkaiah Naidu on 17th February 2018 at the majestic Red Fort in New Delhi. This edition of Theatre Olympics brought together around 25,000 artists under the theme “Flag of Friendship”. The event witnessed 450 shows from more than 30 countries performed across 17 cities
  • The 51-day long 8th Theatre Olympics, the biggest international theatre festival held in India for the first time.
6. Over-the-counter sale of 14 steroid creams banned by Health Ministry
To prevent the indiscriminate sale of ointments containing steroids and antibiotics without prescription, the Union Health Ministry has banned over-the-counter sale of 14 such products. The preparations were included under the Schedule H of the Drugs and Cosmetics Rules, 1945.
  • The decision was taken following consultation with the Drugs Technical Advisory Board, which had recommended a ban on the sale of such creams without a prescription and also submitted their recommendations to the Central Drugs Standards Control Organisation.
  • Some ointments that have been banned are alclometasone, beclomethasone, desonide and fluocinonide.
7. 11 public sector banks placed under RBI’s PCA Framework
At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets.
  • The 11 banks already under the NPA framework are IDBI Bank, Bank of India, UCO Bank, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Dena Bank, Bank of Maharashtra, United Bank of India, Corporation Bank and Allahabad Bank.
8. UN body names Messi responsible tourism ambassador
The UN World Tourism Organization said it has appointed FC Barcelona's Argentine star Lionel Messi as an ambassador to promote responsible tourism.
  • The UN body defines “responsible tourism” as tourism that “helps maximise the sector's benefits while minimising its potentially negative impact on the environment, cultural heritage and societies across the globe”
  • World Tourism Organization chief: Zurab Pololikashvili



Thursday, 8 March 2018

List of First Woman in India (Female) : GK



Field of Achievement Name of Personality
The first lady to become Miss World Rita Faria
The first woman judge in Supreme Court Meera Sahib Fatima Bibi
The first woman Governor of a state in free India Sarojini Naidu
The first woman Speaker of a State Assembly Shanno Devi
The first woman Prime Minister Indira Gandhi
The first woman Minister in a Government Rajkumari Amrit Kaur
The first woman to climb Mount Everest Bachhendri Pal
The first woman to climb Mount Everest twice Santosh Yadav
The first woman President of Indian National Congress Annie Besant
The first woman pilot in Indian Air Force Harita Kaur Dayal
The first woman Airline Pilot Durba Banerjee
The first woman Olympic medal Winner Karnam Malleswari, 2000
The first woman Asian Games Gold Medal Winner Kamlijit Sandhu
The first woman Lawyer Cornelia Sorabjee
The first woman President of United Nations Vijaya Laxmi Pandit
The first woman Chief Minister of an Indian State Sucheta Kripalani
The first woman Director General of Police Kanchan Chaudhary Bhattacharya
The first woman Judge Anna Chandy (1937)
The first woman Chief Justice of High Court Leela Seth (Himachal Pradesh)
The first woman Judge in Supreme Court of India Kumari Justice M. Fathima Beevi
The first woman Lieutenant General Puneeta Arora
The first woman Air Vice-Marshal P. Bandopadhyaya
The first woman chairperson of Indian Airlines Sushma Chawla
The first woman IPS officer Kiran Bedi
The first and last Muslim woman ruler of India Razia Sultan
The first woman to receive Ashoka Chakra Nirja Bhanot
The first woman to receive Jnanpith Award Ashapurna Devi
The first woman to receive Nobel (Peace) Prize Mother Teresa
The first woman to receive Bharat Ratna Mrs. Indira Gandhi

Wednesday, 24 January 2018

Current Affairs 24/01/2018



NATIONAL

India-ASEAN Business & Investment Conference Held in New Delhi
India-ASEAN business and investment conference held in New Delhi ahead of the landmark commemorative summit.
In the conference, Commerce Minister Suresh Prabhu stresses enhanced connectivity via land to strengthen trade ties.
Silver jubilee of India-ASEAN partnership is being celebrated in New Delhi on the 25th January with an unprecedented summit meet.

Tata Steel to organise 7th Asia Steel Summit:
 The 7th Asia Steel International Conference will be held in Bhubaneswar from February 6 to 9.
Tata Steel, in association with the Indian Institute of Metals, announced it. The last Asia Steel conference was held in 2015 at Yokohama, Japan.
This major conference is held every three years and provides a platform for exchange of knowledge on various aspects of the global steel industry.
Odisha
  • Capital: Bhubaneswar
  • Chief Minister: Naveen patnaik
  • Governor: C. Jamir

India to Host 16th International Energy Forum Meet:
 The 16th International Energy Forum (IEF) Ministerial meeting will be held in New Delhi in April 2018.
According to the Union Minister of Petroleum and Natural Gas Dharmendra Pradhan, the meeting will be hosted by Government of India in New Delhi and co-hosted by the Government of China and South Korea.

The Management Information System (MIS) portal for Anganwadi Services Training Programme launched by WCD Ministry:
Secretary, Ministry of Women and Child Development, Shri Rakesh Srivastava launched the Management Information System (MIS) portal for Anganwadi Services Training Programme in New Delhi. The Ministry of Women and Child Development in collaboration with National Informatics Centre (NIC), has developed a Management Information System (MIS) portal for submitting applications/estimates by NGOs for carrying out Anganwadi Services (ICDS) Training through AWTCs/MLTCs. The first phase of the portal will enable NGOs to submit proposal to the respective States/UTs.

India’s 1st ever International Dam Safety Conference kicked off:
India’s first ever International Dam Safety Conference kicked off in Tiruvanantapuram inaugurated by Chief Minister Pinarayi Vijayan. Two-day conference aims to discuss several issues plaguing dam safety. Challenges in dam safety management across the globe, an overview of the centrally-funded Dam Rehabilitation and Improvement Project and World Bank initiatives are some of the issues that will be discussed at the conference. Union Minister of State for Water Resources Arjun Ram Meghwal will preside over the function.
Kerala
  • Capital: Tiruvanantapuram
  • Chief Minister: Pinarayi Vijayan
  • Governor: Sathasivam

Pink City lays the foundation stone for Homeopathy Research Institute:
The Minister of State (IC), for AYUSH, Shri Shripad Yesso Naik laid the foundation stone for Central Research Institute (CRI) in Jaipur. This will be the third CRI under the aegis of Central Council for Research in Homoeopathy (CCRH), an autonomous body of Ministry of AYUSH for undertaking scientific research in Homoeopathy, with 23 institutes across the country.
Rajasthan
  • Capital:Jaipur
  • Chief Minister:Vasundhara Raje
  • Governor:Kalyan Singh

INTERNATIONAL

India inks $120 million loan agreement with World Bank to fund improved water supply in Uttarakhand:
Multilateral lending agency World Bank and India inked $ 120 million loan agreement which will help increase access to improved water supply services in peri-urban areas in Uttarakhand.
The agreement was signed between Government of India, Government of Uttarakhand and World Bank Board.
Uttarakhand
  • Capital: Dehradun
  • Chief Minister:Trivendra Singh Rawat
  • Governor: Krishna Kant Paul

Andhra Pradesh-Zurich Sign Sister State Agreement:
The Andhra Pradesh Government and the Canton of Zurich signed a letter of intent, to promote mutual prosperity and development.
The agreement was signed in the presence of Chief Minister Naidu by Finance Minister Yanamala Ramakrishnudu and Government Counselor Minister Carmen Walker Spah for sister state relation
The agreement will further strengthen economic and scientific relations between the two governments in the areas such as Information and Communication Technology, Environmental Technology, Life Sciences and Urban and Regional Development.
Andhra Pradesh
  • Capital: Amaravati
  • Chief Minister: Chandrababu Naidu
  • Governor: E. S. L. Narasimhan
Switzerland
  • Capital: Bern
  • Currency: Franc

BANKING & BUSINESS

India, 5th Most Attractive Market for Investments: PwC Survey             
India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, a survey of CEOs by global consultancy PwC.
The US remains the top spot for global investment.
Around 46 per cent of global CEOs consider the US as one of the three most important countries for growth, followed by China (33 per cent) and Germany (20 per cent) at second and third places, respectively. At the fourth spot is the UK (15 per cent).
India (9 per cent) bumps Japan (8 per cent) as the fifth most attractive market in 2018.

NIIF Makes its First Investment Partnered with DP World:
NIIF has partnered with DP World to create an investment platform for ports, terminals, transportation and logistics businesses in India.
The venture will invest in opportunities in the ports sector as well as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure, including cold storages.

APPOINTMENT & RESIGNS

Somanath takes charge as VSSC director:
 ISRO’s Liquid Propulsion Systems Centre (LPSC) director S Somnath has taken charge as the new director of Vikram Sarabhai Space Centre (VSSC), which is ISRO’s lead centre for launch vehicles.

 US Senate confirms Powell as next Chairman of Federal Reserve:
The US Senate confirmed former investment banker Jerome Powell as head of the Federal Reserve.
Mr Powell, a current Fed governor, was confirmed by a vote of 85-12, paving the way for him to replace current Chair Janet Yellen when she steps down next month.

SPORTS

West Indies to Host 2018 Women’s World T20:
The International Cricket Council (ICC) has announced, the 2018 edition of the Women’s World T20 will be hosted by West Indies in November 2018. Hosts Windies will defend the title they won over Australia in Kolkata in 2016.

Rakhi Halder creates new national record in Women Senior National Weightlifting Championships:
Rakhi Halder created a new national record and en route to a gold medal in the 63kg women’s category in the 33rd Women Senior National Weightlifting Championships, in Mangaluru, Kerala.
Rakhi lifted 128kgs for a total of 230kgs to create a new national record, bettering Karnam Malleswari’s feat (127kg) created in Athens in 1999.
The silver in this category went to S Thasana Chanu of Karnataka (202kg) while the bronze was clinched by AIPSCB’s Amandeep Kaur (191kg).

OBITUARIES

Hugh Masekela, ‘Father of South African Jazz’ Passes Away:
 Father of South African jazz’, who had career spanning more than five decades, dies aged 78.
South Africans have paid tribute to Hugh Masekela, the legendary jazz musician and activist, who died at the age of 78.

 HISTORIC EVENT OF THE DAY

National Girl Child Day: January 24
Prime Minister Narendra Modi said that the nation is proud of the accomplishments of girls in various fields. In a tweet on the occasion of National Girl Child Day, Mr Modi said, India salutes the skills, strengths and fortitude of the girl child.


Friday, 19 January 2018

Data Interpretation 19/01/2018




D.1 – 5)Study the following information carefully and answer the questions given below.
A silver coins produced by three different companies-A,B and C. The production of silver coins over a period of six years has been expressed in the bar graph provided below.
Production of silver coins in lakhs.


Q.1) In which year, the average output of the 3 companies together (for that year) is the fourth highest in terms of production?
a) 2009
b) 2010
c) 2012
d) 2013
e) 2014
Q.2)Sum of production of silver coins by company A and production of silver coins by company B in the given period is approximately what percentage of total production of silver coins by all the three companies in 2009 and 2012 together? (Approximately)
a) 208%
b) 219%
c) 209%
d) 206%
e) None of these
Q.3)The average production of silver coins by company B in 2009, 2010 and 2011 is what percentage the average production of silver coins by company C in 2012, 2013 and 2014?
a) 95.43%
b) 94.32%
c) 84.52%
d) 82.02%
e) None of these
Q.4) what is the difference (in lakhs) between the total silver coins produced by company A in all the years together andtotal silver coins produced by company C in all the years together.
a) 35
b) 32
c) 30
d) 38
e) 29
Q.5) silver coins produced by company B in 2013 is what percentage more than the silver coins produced by company B in previous year?
a) 17.9%
b) 12.45%
c) 19.8%
d) 16.67%
e) 15.23%

Q. 6 – 10) Study the following information carefully and answer the following questions.

Q.6) What is the total number of Novel book readers in state B,E and F together?
a) 12500
b) 16250
c) 13550
d) 15500
e) None of these
Q.7) What is the difference between number of thriller book readers in state B,C and F  and the  number of Novel book readers in state A,C and D?
a) 7500
b) 8900
c) 7700
d) 6800
e) None of these
Q.8) Thriller book readers in state C is what percent of the Novel book readers in state B and D together?
a) 102.67%
b) 125%
c) 104.9%
d) 109.7%
e) None of these
Q.9) What is the ratio of the average of thriller book reader in state D and E togetherand average of Novel book reader in all the state together( excluding D)?
a) 39 : 43
b) 45 : 43
c) 43 : 45
d) 49 : 36
e) None of these
Q.10) If male to female ratio of Thriller book readers is 3:2 in state C, then how many female readers in state C?
a) 3565
b) 3080
c) 2456
d) 3803
e) None of these

ANSWERS:

1) e







Q.2) d
Production of silver coins by company A=32+44+50+48+52+36=262
Production of silver coins by company B=38+24+54+36+42+28=222
Total=262+222=484
2009=32+38+28=98
2012=48+36+53=137
Total=235




Q.3) b
average production of silver coins is company B in 2009, 2010 and 2011 year,


average production of silver coins is company C in 2012, 2013 and 2014 year,
 




Q.4) e
Total silver coins produced by company A in all the year together,
=32+44+50+48+52+36=262 lakh
Total silver coins produced by company C in all the year together,
=28+34+48+53+30+40=233 lakh
Difference =262-233=29 lakh

Q.5) d



Q.6) b
 




Q.7) c
 



 




 


Q.8) a
 







Q.9) d
 




 



Q.10) b
 



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