IBPS Clerk-IV INTERVIEW Call letters

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IBPS has activated the link to download Interview Call Letters for IBPS Clerk IV.

22:39 - By Unknown 0

Kisan Vikas Patra

Kisan Vikas Patra is a saving scheme that was announced by the Government of India that doubles
the money invested in eight years and seven months. The Directorate of Small Savings Government of India, sells these saving bonds through all Post Offices in the country so that the scheme can be accessed by citizens from all over the country. A KVP can be encashed after two and a half years from the date of issue at the value it has been bought and the interest accrued for the period.
The “kisan” in Kisan Vikas Patra does not mean that only farmers can buy these saving certificates but means that the revenue mobilized by this scheme will be used by the Government of India in welfare schemes for farmers. Any individual can safely invest and save their money in the form of Kisan Vikas Patra.
How to Invest?
Kisan Vikas Patra can be purchased from any Post Office by filling a form and depositing the amount in cash or by cheques or demand drafts with the filed form and your photographs. The Post Office will issue a Certificate called Kisan Vikas Patra with your name, amount, date of maturity and amount on the date of maturity.
Who Can Invest?
You can invest in Kisan Vikas Patra if you are a citizen of India and an adult; in your own name, or on behalf of a
minor. A trust is also eligible to invest in KVP. Two adults can jointly buy KVP.
Who is not Eligible?
Kisan Vikas Patra is not for business entities such as a company or institutions. NRIs or HUF (Hindu Undivided Family) are also not eligible to invest in KVP.
Broad features of the new KVP
* Interest: 8.7 per cent.
* Tenure: eight years and four months (100 months).
* Investment doubles in 100 months.
* Minimum lock-in period two years and six months.
Liquidity
* Can be encashed in eight equal monthly instalments after the lock-in period
* Can be transferred to another person by endorsement and delivery
* Can also be given as collateral for loans by banks
* Minimum investment Rs.1,000. Thereafter, in denominations of Rs.5,000, Rs.10,000 and Rs.50,000. There is no
maximum limit.
* Taxability: fully taxable
* Mode of investment: cash or cheque
* Know your customer (KYC) norms: PAN not required but identity/address proof required
* Will be sold initially through post offices across the country, but later through some government-owned banks also.

22:06 - By Unknown 0

Reaction of market on repo cut

The Reserve Bank of India (or RBI), India’s central bank, surprised the financial world  by unexpectedly reducing its key interest rate.The RBI reduced the repo rate by 25 basis points (or bps)to 7.75% on January 15, 2015. One basis point is 1/100 of 1%, so 1% equals 100 bps. The repo rate is the rate at which the RBI lends money to Indian commercial banks. Changes in the rate also signal an increase or decrease in rates to commercial banks. A reduced rate by the central bank is cue for commercial banks to reduce their rates. It will lead to more money in the hands of the consumer and greater spending. It is a positive for the Indian economy.

1. Path of inflation:Since September 2014, prices of vegetables and fruits experienced a sharper-than-expected decline.The price of cereals experienced ebbing price pressures.International commodity prices, particularly crude oil, experienced a significant decrease.

2.Fiscal deficit target: Government's assurance of sticking to its fiscal deficit target of 4.1% in the current fiscal year.Reports from  Finance Ministry reveals that all efforts were being made to ensure that the government does not default on the fiscal deficit target.

3.Inflation expectations: Households inflation expectations is in comfortable zone both near-term and longer-term and eased to single digits for the first time since September 2009. Inflation is below the targeted 8 per cent by January 2015. On current policy settings, inflation is likely to be below 6 per cent by January 2016,  
Indian markets react to a reduction in India’s repo rate
Why the Reserve Bank of India cut the repo rate
The RBI monitors inflation closely, and it also keeps crude oil prices and food prices on its radar.A fall in both of these led the consumer price index (or CPI) inflation down in recent months.The CPI inflation for December 2014, which was released on January 12, 2015, showed a rise of 5.0% from a year ago. Although it rose from a 4.4% pace set in November 2014, it was below the RBI’s target of 8.0% by January 2015.Three reasons for inflation being lower than expected:

Aims to boost growth amid slowing inflation. Policymakers also signaled further monetary easing, depending on continuing disinflationary pressures, fiscal consolidation and supply constraints. Both Union Bank of India and Kolkata-based United Bank of India both cut their base rate, or the rate below which they cannot lend to borrowers, by 25 bps to 10%. Banks such as ICICI Bank (IBN) and HDFC Bank (HDB) can expect an increase in quantity of loans if they reduce their rates as well.the rate cut should also help corporates borrow cheaply, which should help lower their borrowing costs and increase their profits

In response to the move Indian stock markets welcomed the Reserve Bank of India’s (or RBI) move of reducing the repo rate by 25 basis points to 7.75%. Benchmark equity indices like the S&P BSE Sensex and the CNX Nifty ended the day up over 2.6% each. The S&P BSE Sensex had risen by 3.1% over its previous close before reducing some losses and ending at 28,075.5.This move may cause a reduction in interest rates on home loans and lower EMIs as well as more funds available to the builders.

It provide growth momentum to the market by injecting liquidity to the market.

21:48 - By Unknown 0

Daily GK Update - 21st January 2015

1. Bibek Debroy joins as full time member of NITI Aayog 

i. Noted economist Bibek Debroy today assumed charged as full time member of the NITI Ayog (National Institution for Transforming India). Government had announced the appointment of Debroy and DRDO chief V K Saraswat as full-time members earlier this month.
ii. An economist by profession, he was educated at the Presidency College (Calcutta), the Delhi School of Economics and the Trinity College (Cambridge).
iii. Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.
iv. Debroy has also authored several books, papers and popular articles, and has been a Consulting Editor of some financial newspapers in the country.

2. India set to overtake China next year: IMF
i. International Monetary Fund (IMF) projected that India will grow 6.5 per cent in 2016, overtaking China which, it projected, will slowdown to 6.3 per cent.
ii. In a separate forecast, the United Nations World Economic Situation and Prospects UN WESP report too predicted a smart recovery for India during 2015.It pegged its 2015 India growth forecast lower than the IMF’s –at 5.9 per cent.

iii. At 6.3 per cent, the UNWESP 2016 India growth forecast is, however, closer to that of the IMF.
iv. The IMF said that global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply in many advanced and emerging market economies.

3. Government to allocate 36 coal blocks to PSUs
i. The government today kick-started the process of allocating cancelled coal mines to state-owned firms, it will initially allot 36 blocks.
ii. Of these 36 coal blocks, one mine will be given to the steel sector while the rest will be given to the power sector.
iii. For schedule II (producing mines) category 23 blocks will be put on offer and the auction would be between February 14 and February 22.
iv. With regard to Schedule III mines (ready to produce mines) he said another set of 23 mines will be auctioned between February 25 and March 5.

4. EU decided to lift ban on import of mangoes from India
i. European Union (EU) decided to lift a seven-month-long ban on the import of mangoes from India. The proposal to lift the ban was voted unanimously by the European Commission’s standing committee on plant health.
ii. The decision to lift the ban was made after India, the world’s biggest producer of Mangoes made significant improvements in plant health controls and certification system.
iii. European Union issued a temporary ban on import of Indian mangoes on 1 May 2014 after fruit flies and other quarantine pests were found in 207 consignments. The consignment infested with fruit flies were found by authorities in Brussels. The ban was supposed to be effective till December 2015.
iv. EU accounts to almost 50% of the total exports of fruits and vegetables from India, UK is the top exporter.

5. India world's second-most trusted nation: Survey
i. India has emerged as the second-most trusted country in the world in terms of faith reposed on its institutions even as globally trust levels have fallen, says a survey.
ii. Trust in institutions in India has improved sharply in 2015 with the country moving up three notches to the second place among 27 nations.
iii. While the number of "truster" countries are at an all-time low of six in 2015 including UAE, India, China and Netherlands, the number of "distruster" countries has grown significantly to 13 including Japan, Russia, Hong Kong, South Africa and Italy.
iv. The list is topped by UAE with 84 per cent trust. India (79 percent),Indonesia (78 per cent), China (75 per cent), Singapore (65 per cent) and Netherlands (64 per cent) are the others that have recorded highest levels of trust.

6. 2015 World Economic Forum Annual Meeting 
i. The 45th World Economic Forum kick started in Davos,Switzerland today.
ii. Ahead of the start of its annual meeting in Davos on Tuesday, the WEF published 14 measures of inclusive growth as it responded to criticism that the gathering of 2,500 business leaders, academic and policymakers has become an exercise in hand-wringing about the gap between rich and poor.



iii. Christine Lagarde, the managing director of the IMF, Pope Francis, Jim Kim, the president of the World Bank and Mark Carney, the governor of the Bank of England, are among those who have stressed the need to ensure that the fruits of economic progress are shared more equally. Carney will be taking part in a panel in Davos this week titled: “A richer world but for whom”.

21:31 - By Unknown 0

POSSIBLE QUESTIONS FOR SBI ASSOCIATE CLK

1) Name the Capital city of Iraq? - Baghdad

2) P V Sindhu recently won the Macau Badminton Grand Prix Gold trophy after defeating whom? - 
Kim Hyo Min of Korea

3) What is the full form of CFL? - Compact Fluorescent Lamp

4) Which among following is an image name extension? - gif

5) Currency of Vatican City? - Euro

6) Which player was recently honoured with the Asian Football Confederation's Hall of Fame Award? - Baichung Bhutia

7) Prime Minister Narendra Modi recently flagged off the first train to which North Indian state? - Meghalaya

8) If a computer has more than one processor then it is known as? - Multiprocessor

9) 'Mary Kom' movie produced by Sanjay Leela Bhansali was written by? - Saiwyn Quadras

10) National Milk Day was celebrated on? - 26 November

11) 18th SAARC Summit was recently held at? - Nepal

12) Union Minister of Power, Coal and New & Renewable Energy? - Piyush Goyal

13) Rohan Bopanna is related to which sport? - Tennis

14) In which of the following form, data is stored in computer? - Binary

15) Which line divides America and Canada? - 49th parallel

16) Which film won Golden Peacock Award at IFFI 2014? - Leviathan (Russian Film)

17) Name the mascot for the 2016 European football championship? - Super Victor

18) Documents, Movies, Images and Photographs etc are stored at a? - File Server

19) Who won the FIFA Ballon d'Or award recently? - Cristiano Ronaldo

20) Which country is called Land of morning calm? - South Korea

21) What is full form of GUI in terms of computers? - Graphical user Interface

22) Which of following is used in RAM? - Semi Conductor

23) Nalanda University is located in which state? - Bihar

24) Who is the chairman of committee related to Gas pricing? -Vijay Kelkar 

25) Who recently became the first bowler in history to claim a hat-trick on his debut in one-day 
cricket? - Taijul Islam of Bangladesh

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21:20 - By Unknown 0

GK Questions asked in NIACL Assistant Exam - 18th January 2015(Morning Shift)

We are providing you the GK questions asked in the today's NIACL asst. exam (18th January 2015-Morning Shift).

1. Gandhi setu connects which places? - Patna and Hajipur
2. Union minister for heavy industries - Anant Geete
3. Ankita raina belongs to which sport - Tennis
4. PIO fulform - Person of indian origin
5. Mission indradhanush covers how much diseases ? - 7
6. Next NATO summit place ? - Warsaw
7. Abu Dabhi tennis championship winner ? - Andy Murray
8. Patrick Modiano got novel in which field ? - Literature
9. Population of female a/c to census ? - 586.46 million
10. Vienna is the capital of? - Austria
11. ILO headquarter - Geneva
12. Minimum capital required for white label ATMs' - 100 Crore
13. NITI ayog chairman - Narendra Modi
14. Commodity market regulator - FMC
15. DICGC is owned by - RBI
16. Vanbandhu kalyan yojna is for - Tribal peoples
17. 3rd Sunday of January is celebrated in memory of - Martin Luther King Jr.
18. Why RBI increse interest rates - To increase liquidity

02:29 - By Unknown 0

Daily GK Update - 20th January 2015

1. Jaipur Literature Festival all set to begin
i. The eighth edition of the ZEE Jaipur Literature Festival is all set to open on 21st January 2015. The event, which is now the world’s largest free literary festival, will see a galaxy of literary and musical stars come together for a vibrant celebration of creative expression.
ii. To be inaugurated by the Chief Minister Vasundhara Raje, the event is seen as an agenda-setter on key issues from the global economic crisis to the rise of e-books, the current state of politics in the Middle East to the increasing importance of Indian language publishing. 
iii. This year the Festival will look at gender equity in India in a series titled `Women Uninterrupted', supported by UN Women to mark the 20th anniversary of the Beijing Conference on Gender, leading up to the world summit at the UN this September, as well as `The Seven Deadly Sins' that polarize society.

2. Hyderabad to host World Congress on Information Technology in 2018
i. Hyderabad will host the World Congress on Information Technology (WCIT) in 2018. This will be the first WCIT to be held in India and the theme of the 2018 WCIT will be Future of enterprises.
ii. As part of this, the Chief Minister of Telangana K Chandrasekhar Rao would visit the US, the UK and other countries to invite the bigwigs of the IT industry to the 2018 event.
iii. WCIT 2016 is to be held in Brazil.
In 2014, the 19th WCIT was held in Guadalajara in Mexico. The theme was Building the Digital Age Together.
The first WCIT was held in 1978 and it is held since then every two years.

3. India’s growth to reach 6.3 per cent in 2016: UN WESP report
i. According to the United Nations World Economic Situation and Prospects (WESP) 2015 report, India’s growth in terms of GDP is expected to reach 5.9 per cent in 2015 and 6.3 per cent in 2016.
ii. India's growth recovery is partly the result of improved market sentiment after the new government took office in the second quarter of 2014 and had announced plans to reform the bureaucracy, labour laws and public subsidies.

About United Nations World Economic Situation and Prospects (WESP) report
This report is published at the beginning of each year by the combined efforts of

• UN Department of Economic and Social Affairs.
• UN Conference on Trade and Development (UNCTAD).
• 5 UN regional commissions.
• World Tourism Organisation (UNWTO).

4. Singapore's GIC to invest Rs 1,020 crore in Bandhan Financial Services 
i. Singapore's sovereign wealth fund GIC is investing 10.2 billion rupees ($165.5 million) in India's Bandhan Financial Services, which is setting up one of the country's two newest banks 
ii. The company will get a total equity investment of 16 billion rupees, including 5.8 billion rupees from existing investor IFC 



iii. IFC, part of the World Bank Group, owns 10.8 percent of Bandhan and its stake will increase after the latest investment. 
iv. Bandhan and IDFC were the only two companies which won bank permits from the central bank last year in what was the first bank licensing process in a decade. 

5. Shubham, 13, Silicon Valley’s youngest entrepreneur, develops Braille printer

In Silicon Valley, it’s never too early to become an entrepreneur. Just ask 13-year-old Shubham Banerjee.

i. The California eighth-grader has launched a company to develop low-cost machines to print Braille. Tech giant Intel Corp. recently invested in his start-up, Braigo Labs.

ii. Mr. Shubham wants to develop a desktop Braille printer that costs around $350 and weighs just a few kilograms, compared with current models that can weigh more than nine kilograms. 
iii. The machine could be used to print Braille reading materials on paper, using raised dots instead of ink, from a personal computer or electronic device.

6. Twitter buys Indian mobile marketing start-up ZipDial 
i. Twitter Inc said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the world's second-biggest mobile market. 
ii. Bengaluru-based ZipDial gives clients phone numbers for use in marketing campaigns. The start-up's clients include International Business Machines Corp, Yum! Brands Inc's KFC and Procter & Gamble Co 's Gillette. 

This acquisition significantly increases our investment in India, one of the countries where we're seeing great growth,' Twitter said
iii. The service capitalises on a local tradition of communicating through so-called missed calls. 

7. Filmmaker Pahlaj Nihalani appointed as chairperson of CBFC
i. Union Government has reconstituted Central Board of Film Certification (CBFC). In this regard, government has appointed 1 chairperson and 9 board members.
ii. Pahlaj Nihalani was appointed chairperson. He will be office in for a period of three years or until further orders, whichever is earlier.
iii. 9 Members are: BJP leader Vani Tripathi Tikoo, filmmakers Ashoke Pandit and Chandra Prakash Dwivedi, film writer Mihir Bhuta, Syed Abdul Bari, Ramesh Patange, actor George Baker, actor-filmmaker Jeevitha and actor- playwright S Ve Shekhar.

8. Former PM Manmohan Singh adopted Pachim Bekeli Gaon Panchyat
i. Former Prime Minister Manmohan Singh adopted Pachim Bekeli Gaon Panchyat under Sansad Adarsh Gram Yojna (SAGY). Pachim Bekeli Gaon Panchyat is located in Kamrup district of Assam.
ii. Manmohan Singh represents Assam in the Rajya Sabha.
Sansad Adarsh Gram Yojana aims to cover 2500 villages by 2019. Under the project, each Member of Parliament (MP) will take up the responsibility of providing infrastructure and developing three villages by 2019.
iii. The objective of the project is to create a holistic development of all adopted villages by the MPs in all aspects —human, personal, social, economic and environmental development, including provision of basic amenities, services, security and good governance.

9. TCS ends RIL's 23-year run as most profitable firm
After 23 years, India has a new numero uno when it comes to net profit
i. Information technology major Tata Consultancy Services (TCS) posted a net profit of Rs 5,328 crore for the quarter ended December, overtaking long-standing champion Reliance Industries Ltd. 
ii. In Indian business history it's the first time that an IT company has topped the profit charts.



iii. TCS has also become the world's third largest employer of people in the technology sector, with over 3 lakh employees. And given the pace at which it is growing, it could become the second largest employer this year, crossing Hewlett-Packard, and would be fast closing in on leader IBM.

02:17 - By Unknown 0

Best of Interview Experiences - 19th January 2015

Hello students..
Here are some Interview Experiences shared with us by our readers. You can have a look at them and prepare accordingly..!!


# INTERVIEW EXPERIENCE 1

Interview experience: 19 Jan - Syndicate bank learning centre, bangalore.
Panel I- 8.30am

Document verification done by 9.30am
, interview at 10am

1 Lady, 5 Gentlemen

Greetings to all of them in opening, was asked to take seat

M1: So Mayur, tell me about yourself and family in short within 2 minutes

me: Explained

M1: You are a BE and worked in IT. Why did you opt for banking as career?

me: While working I realized that my motivation was to serve in government sector and banking because I think banks are the building blocks of our economy. We help people stand on their feet, we help the business grow and also we help social causes.

M2: So you are from Belgaum, tell me something about your city

me: Belgaum is famous for kunda, it is also called sugar bowl of karnataka due to favorable conditions for sugarcane growth, also the suvarna soudha assembly is established recently, so that makes it the second capital of karnataka

M3: Tell me something about swachha bharat abhiyan

me: Explained

M3: If you are posted in some place , what role would you play as a banker?

me: Will provide loans for sanitation projects

M3: Good

M4: You have done engineering in communications, tell me what is GPS

me: Explained.

M4:Good

M4: What is GPRS

me: Explained

M4: Good

M4: Recently, there is decrease in global fuel prices, what is the reason?

me: Sir, this is in competition to USA and the aim for reduction is to make the production of Shale gas economically unviable.

M4:
Good. This is the main reasons, apart from that there are some other
reasons too. It is also about demand and supply, can you think?

me:
Sir, they have increased the supply and i think thats profitable to
them as emerging economies are ever demanding in fossil fuels

M4:Actually the demand has decreased, due to other forms of energy in USA. So they want to supply more to encourage them to buy more by reduced prices.

me: Kept saying ok as he explained.

M5: What is banking?

me:Business of lending money and accepting deposits from the public. Primary motive is profit, but apart from that, social initiatives is also a major role

M5: what is profits?

me: Interests earned by the bank on loans , and also through government securities, treasury bills

M3: You have mentioned only about interests earned on money, but apart from that, is there any other activity which banks do?

me:
Insurance is one sector where banks are pioneering, RBI has also been
liberal to banks recently to increase insurance penetration.

M5: Good

Lady: What are the different types of deposits in bank?

me:Current account, savings account, FD, RD. Current Ac are for
businessmen and entrepreneurs. Savings are general public. Banks don't pay interest in Current account. In savings accounts, operating cost is not so high, so banks pay interest to depositors. FD are where we park money for a certain period and interest in given on maturity

M2: Do you know to read, write and speak kannada?

me:I can read and speak fluently, but not so fluent in writing. I can
write a few letters. Even though my mother tongue is kannada, I have done my entire education in maharashtra so I am not so fluent at it.

M4: In form you have not mentioned hindi, are you not comfortable? If you are posted to northern states, how will you manage?

me: Sir ,In the form there was option for only 3 languages so i filled up english, marathi and kannada. But I am fluent in hindi, so I am comfortable anywhere

M1: You resigned 2 years back, so what were you doing till now?

me: I was preparing for various competitive exams.

M1: Like?

me: All bank exams, SSC, UPSC

M1: Is this your first interview or attended any other?

me: Attended SBI clerical.

M1: Results?

me: Not yet declared

M1: what was you score there?

me: Sir they didnt disclose

M1: What about scores in IBPS PO

me: Sir, that too is not disclosed

M4: Cut off is 80 right?

me: Yes sir.

They look at each other and say thats all, thank you

They offer me a mango bite and said dont be nervous, be comfortable. I accepted and said thanks

They wished all the best . I said thanks to all members once again and walk out of the room.

Hope this gives some input to you fellow candidates. Wish you all the best for your interviews

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

# INTERVIEW EXPERIENCE 2

My interview was scheduled on 19th Jan 2015 @ Andhra Bank HO Hyderabad, under panel III with start time at 8:30

I reached the venue around 8:35 am, after completing the formal security
check, i entered the seminar hall in the ground floor. Within 2 minutes my name was called out for verification, i have submitted all copies of my Graduation and then they have asked for semester wise photo copies of mark sheets, few of which were missing. i was shocked and no clue of what to do but they kept calm and guided me to get the copies from one of their xerox machines on other floors. After clearing the verification i was told to wait for the interview..

2-5 minutes of waiting went by with each second proceeding towards nervous break down and one of the bank employee adviced me to stay calm and cool as HR Team were also new and had no much experience in Interviews, then bell rang and i took a march into the interview hall......now the story starts

There were 5 male members and 1 female member in the panel all aged around 45-60 with smiles around their faces.

After Greeting and well wishes the interview started with Female (F) interviewer

F: Recently one cyclone Hudhud, hit one part of India...can you tell me what is meant by Hudhud?
Myself(M): Vizag is the place which was tormented by this Cyclone and Hudhud is the name of National Bird of some country, Hudhud has incurred huge losses to live stock etc etc.

F: Can you give me that Country name?
M: I Gently replied that i don't have any idea, but it might be from Russia but not sure. (Ans is Israel)

M1: Seeing my details and discovering that i am already an employee at a private firm. He asked, " Why Engineers like you want to get employed in banking sector"?
M: I supported by saying that Banking is a huge industry where we can utilize our knowledge in diverse operations of Banking in various levels starting all the way from clerical, PO, Asst. Manager, Manager and finally Governor. these days banks are not places where just transactions are made, it involves mutual handing of clients, rural and urban customers, complaints along with the operations which includes sustainability along with competition and moreover banks are conducting exams for specialist officers which indirectly means that engineers have a definite place in banking industry too.

M2: Why only engineering candidates, why not others?
M: Sir, Its not about Engineering at the end of the day knowledge, talent and wisdom is all that matters but when observed from competition point of view Engineers can use their domain knowledge and can be used as an additional advantage over non professional degrees...where i gave few examples to support myself.

M3: Recently India accomplished one grand achievement in space arena, what is it?
M: Sir, its MOM, ISRO has surpassed NASA's expectations and is the only Organization which has higher success rate when compared with other countries space agencies. Till now MOM has collected lots of data which will be useful for research purposes and finding the life on.........(M3 interrupted, What is the full from of MOM?)
Sir, Its Mars Orbiter Mission but with lacking confidence. (as i was confused where Mars will come first M or last M)

M4: MOM is also known by other name, do you have any idea?
M: Sir, is this official name or unofficial name?

M4: Unofficial but many are using it, it is a Sanskrit word.
M: Mission Mangalyaan, Sir.

M5: How many ATM's are there in INDIA?
M: i said that i don't know the exact number but might be 80,000+.
M5: There are around 1.6 Lakh ATM's
M: Thank you, sir

M6: What happened buddy, Engineering students should ans this qtn!!
M: i just smiled.

M7: Total No. of Deputy Governors in RBI?
M: 4

M7: Who is the last appointed Deputy Governor?
M: R.Ghandhi (But later found that ans was different)

Thank you, you can leave smile emoticon
M: I thanked everyone and left.
Let's see what will happen, will happen!!


NOTE: Thanks to our readers who shared these valuable experiences with us.. We hope that these will help the candidates who have their Interviews in the coming days..!!

02:06 - By Unknown 0

Daily GK Update - 18th - 19th January 2015

1. Mukherjee launches Pulse Polio Immunization Programme
i. President Pranab Mukherjee launched the Pulse Polio Immunization Programme by administering polio drops to children at Rashtrapati Bhavan.
ii. The National Immunization Day was held on 18th Jannuary when children under 5 years age were  given polio drops as part of the Government's drive to sustain polio eradication from the region. 
iii. India has been implementing the Pulse Polio Programme since 1995.
iv. In India, the last case of wild polio was reported on January 13, 2011. The South-East Asia region of WHO has been certified on March 27, 2014 as "polio free", meaning that transmission of wild poliovirus has been interrupted in this block of 11 countries including India, Bangladesh, Bhutan, Democratic People’s Republic of Korea, Indonesia, Maldives, Myanmar, Nepal, Sri Lanka, Thailand and Timor-Leste for the last three years.

2. Manjul Bhargava to lead Prime Minister Narendra Modi’s teach in India programme 
i. Fields medallist Manjul Bhargava will be the face and facilitator of Prime Minister Narendra Modi's pet education project to rope in eminent scholars and scientists abroad to teach students at IITs and central universities.

ii. Bhargava, who is the first person of Indian origin to win the coveted international prize for his work in mathematics agreed to 'recruit' scientists in the US and across the world to participate in the Global Initiative of Academic network (GIAN), a shortterm teaching programme under which scholars abroad will be invited to teach in India.
iii. GIAN is Prime Minister Narendra Modi's brainchild. The project is expected to figure once again on the Indian agenda when Obama arrives here.

3. Twitter ropes in Taranjeet Singh to head business in India 
i. Microblogging site Twitter has hired Taranjeet Singh as business head for its operations in India. 
ii. Singh will responsible for increasing commercial opportunities for Twitter and work closely with brands and agencies to maximise the value of real-time marketing for live public conversations.
iii. Taranjeet has more than 19 years of sales and business development experience. He was previously sales director of South Asia for BBC Advertising. 

4. 24 Children, including 8 girls selected for National Bravery Awards
i. Four of the awards have been given posthumously. The children will receive their awards from Prime Minister Narendra Modi on the 24th of January, and will also participate in the Republic Day parade.
ii. 16 year old Resham Fatma of Uttar Pradesh, a victim of Acid attack, will be conferred the Bharat Award for showing exemplary courage while fighting off her tormentor, whose marriage proposal she had turned down.
iii. The prestigious Geeta Chopra Award has been conferred on 13 year old Gunjan Sharma of Assam who displayed exemplary valor in saving her friends from the clutches of the abductor.
iv. The Sanjay Chopra Award has been given to 16 year old Master Devesh Kumar of Uttar Pradesh who displayed outstanding courage while confronting two chain-snatchers.

5. PSU bank employees to hold 4-day strike from Jan 21 on wage revision issue
i. Public sector bank (PSB) employees have decided to go on a 4-day strike from January 21 to protest against the "rigid and callous attitude" of Central Government in resolving the long pending wage revision issue.
ii. The decision is in response to the strike call given by United Forum Of Bank Unions, which has more than ten lakh employees and officers of banking Industry under its umbrella.
iii. The wage revision for bank employees is due from November one, 2012

6. Indian-American Frank Islam receives Martin Luther award
i. An eminent Indian-American entrepreneur and philanthropist Frank Islam has been presented with the prestigious Martin Luther King Jr. Award.
ii. He is awarded in recognition of his contribution to the legacy of the great leader through his efforts in international service and civil engagement.
iii. The award, which carries the name of Martin Luther King Jr., an apostle of peace, is about building bridges between humanity.
iv. The award was presented to Islam by Harry Johnson, president of the Memorial Foundation Inc. and one of the honorary vice chairs of the event, which was held at Willard Intercontinental.

7. Telecom Commission clears Rs 3700-cr base price for 2,100-MHz
i. The Telecom Commission (TC) approved a base price of Rs 3,700 crore for each MHz of 2,100-MHz spectrum to be auctioned on February 25. 
ii. The final reserve price is 36 per cent higher than the Rs 2,720 crore recommended by the Telecom Regulatory Authority of India (TRAI).
iii. The previous Telecom auction was cancelled amid the speculation of bad and crony practices in the bandwidth allocation.

8. Kudankulam Nuclear Plant Restarts Power Generation
i. Power generation at the Kudankulam Nuclear Power Project (KNPP) has restarted after the first unit's reactor and turbine tripped on January 14, said Power System Operation Corporation Ltd. (POSCO).
ii. India's atomic power plant operator Nuclear Power Corporation of India Ltd. (NPCIL) is setting up two 1,000 MW Russian reactors at Kudankulam in Tirunelveli district, 650 km from Chennai.
iii. Ever since the first unit at KNPP started commercial generation December 31, 2014 it has been producing around 940 MW per day or around 2.25 crore units per day.

9. AB de Villiers: South Africa batsman smashes century record
i. South Africa batsman AB de Villiers hit a century off 31 balls to record the fastest ever one-day international ton.
ii. De Villiers, 30, set the new landmark during an innings of 149 against the West Indies in Johannesburg.

iii. He smashed nine fours and 16 sixes in beating the previous ODI record of 36 balls by New Zealand all-rounder Corey Anderson against West Indies last year.
iv.South Africa scored 439-2 as they registered their highest ever ODI score, beating the 438-9 in a win against Australia in March 2006.

10. Sydney Open 2015 Winners
i. Czech Petra Kvitova beats compatriot Karolina Pliskova to win the Women's Sydney International. 

ii. The world No.4 and second seed needed to win two tie-breakers to clinch victory over her team mate in a big hitting contest at the Ken Rosewell Arena.
iii. While in the Men's section, Viktor Troicki crushed fellow qualifier Mikhail Kukushkin 6-2, 6-3 in the final of the Sydney International.
iv. In the first ATP final in history featuring two qualifiers, Troicki dispatched Kukushkin in 64 minutes after breaking the Kazakh twice in each set.

01:50 - By Unknown 0

GK Update - 17th January 2015

1. LCA Tejas Ready for Crucial Handover

i. The first of the indigenously-built Light Combat Aircraft (LCA) Tejas is likely to be handed over to the Indian Air Force. Defence Minister Manohar Parrikar is expected to hand over the aircraft to Chief of Air Staff Air Chief Marshal Arup Raha.


ii. This will start the process of induction of fighters being built at home under a project that was commenced in 1983 and has already cost the exchequer over Rs.17,000 crores.
iii. 20 aircraft will be built by 2017-2018, to make the first squadron of the aircraft.
iv. The LCA programme was initiated in 1983 to replace the ageing MiG-21s in Indian Air force's combat fleet but has missed several deadlines due to several reasons.

2. Tamilmani likely to be interim DRDO chief
i. K. Tamilmani, Chief Controller of Aeronautics Cluster in the Defence Research and Development Organisation (DRDO), is likely to become the interim head of the organisation.
ii. Dr. Tamilmani, the senior-most of the seven cluster heads in the DRDO, is the Director of the Centre for Military Airworthiness and Certification (CEMILAC), Bangalore.
iii. The government on Tuesday terminated the 18-month contract of Dr. Chander and asked him to step down on January 31, ahead of his term that would have ended in May 2016.
iv. A proposal to de-link the position of Scientific Adviser to the Defence Minister from the Director-General, DRDO, was under consideration as part of a major overhaul of the organisation.

3. Filmmaker Shaji N Karun quits Censor Board
i.  Another 12 members of the Board followed Leela Samson suggestion of quitting “en masse” and tendered their resignations.
ii. CBFC members including Ira Bhaskar, M.K. Raina, Pankaj Sharma, T.G. Thyagarajan, Shaji Karun, Anjum Rajabali, Shubra Gupta, Nikhil Alva, Rajeev Masand, Mamang Dai, K.C Sekhar Babu and L.K. Prabhu tendered their resignations on Saturday in a joint email to I&B Minister of State Rajyavardhan Rathore.
iii. The award-winning filmmaker Shaji N Karun said the board members were not happy about the approach of not just the present NDA Government but also about the approach of the previous Congress-led UPA regime towards the Board. 

4. Beagle 2 spacecraft found intact on surface of Mars after 11 years
i. Beagle 2 was launched in 2003 onboard the European Space Agency’s Mars Express spacecraft. It was designed to land on the planet’s surface on Christmas Day that year but following ejection from Mars Express it was never heard from again. 

ii. UK’s Beagle 2 successfully landed on the surface of Mars in 2003 but failed to fully deploy its solar panels. Without these, it could not communicate with Earth and scientists lost contact.
iii. The discovery images come from the HiRISE camera on Nasa’s Mars Reconnaissance Orbiter.
iv. Beagle 2 cost around £50m. It was comparatively cheap for a space mission, with some industrial work being performed on a cost-only basis. 

5.  S.K. Sinha - first non-Muslim to lead the Bangladesh’s top judiciary, 
i. Justice Surendra Kumar Sinha has been appointed the 21st Chief Justice of Bangladesh. 
ii. Justice Sinha is the first Chief Justice from the country’s ethnic minority Hindu community.
iii. He was the senior-most judge of Appellate Division of the Supreme Court who was made the next Chief Justice. 
iv. Justice Sinha will serve just over three years as the Chief Justice with his retirement due in early 2018.
v. Born in 1951, Justice Sinha hails from Tilokpur village of north-eastern Moulvibazar district. 
vi. A law graduate, he was enrolled as an advocate of the district court, Sylhet in 1974 and practised there for several year.

6. Book on Sonia Gandhi titled The Red Sari written by Javier Moro released in India
i. The Red Sari, an unauthorized biography of Congress Party President Sonia Gandhi, was released by Roli Books in India. The book has been written by Spanish author Javier Moro.
ii. The book describes about how Sonia Gandhi’s courage, honesty, and dedication have made her a leader in the eyes of one-sixth of humanity that is from her idyllic childhood to her passionate love affair, and from her days as a docile daughter-in-law to her current status of being the only Indian politician to have refused Prime Ministership.
iii. This book also examines the lives of the famous Nehru-Gandhi family set against the backdrop of the Bangladesh War, the Emergency, Operation Blue Star, and other events that have shaped modern Indian history.
iv. Originally, the book was written in Spanish language and was titled El Sari Rojo. It was first published in 2008.
v. The English version of the book was not allowed to release in India in 2010 because it was argued by the Congress Party and Sonia Gandhi's lawyers that the book is full of untruths, half-truths, falsehoods, defamatory statements, completely imaginary and invented conversations

7. HAL Chairman R K Tyagi conferred with JGBS-Top Rankers’ Excellence Award
i. Hindustan Aeronautics Limited (HAL) Chairman R.K. Tyagi was on 16 January 2015 conferred with the JGBS-Top Rankers' Excellence Award for CEO of the year 2014.
ii. Tyagi played a key role in 2014 being a successful year for HAL through series of initiatives. The year was dedicated for Integrity, Customer Focus and Quality (ICQ).  
iii. The award has been instituted by Jindal Global Business School (JGBS) and Top Rankers’ Management Consultants.
iv. HAL recently contributed to the success of Mars Orbiter Mission and GSLV Mk III launch in 2014.

8. Sania Mirza wins Sydney Open title with Bethanie
i. India's Sania Mirza won her first title of the season and 23rd of her career when she and Bethanie Mattek-Sands shocked top-seeded Americans Abigail Spears and Raquel Kops-Jones in the summit clash of the Sydney International.
ii. The unseeded Indo-American combine humbled the top seeds 6-3, 6-3 in just 69 minutes.
iii. Sania and Bethanie earned 470 ranking points each and split $39,000 as prize money.

01:40 - By Unknown 0