New RBI Rates

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Policy Rates ::

Policy Repo Rate: 6.50%
Reverse Repo Rate: 6.00%
Marginal Standing Facility Rate: 7.00%
Bank Rate: 7.00%
Reserve Ratios ::
CRR: 4%
SLR: 21.25%
Lending / Deposit Rates ::
Base Rate: 9.30% - 9.70%
Savings Deposit Rate: 4.00%
Term Deposit Rate > 1 Year: 7.00% - 7.50%

Banking Awareness

Q1.Who took over as the first woman Secretary-General of the 53-member Commonwealth, succeeding India's Kamlesh Sharma?

1)Arnold Smith

2)Sir Don McKinnon

3) Chief Emeka Anyaoku

4)Patricia Scotland

5)Sir Shridath Ramphal

Ans-4

Q2.What is the name of the low cost and environment-friendly solar lighting device which was recently launched by Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan?

1)Solar Light

2)Surya Jyoti

3)Solar Peripheral

4)Solar Bright

5)Surya Prakash

Ans-2

Q3.Minister of State (Independent Charge) for Skill Development and Entrepreneurship __________ launched the “Transnational Skill Standards” in India.

1)Jual Oram

2)RamVilas Paswan

3)Nitin Gadkari

4)Rajnath Singh

5)Rajeev Pratap Rudy

Ans-5

Q4.The Union Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari inaugurated the Manesar-Palwal section of the Kundli- Manesar-Palwal Expressway. The town Manesar belongs to which state?

1)Delhi

2)Punjab

3)Haryana

4)Bihar

5)Jammu and Kashmir

Ans-3

Q5.Which country launched a retrievable scientific research satellite in a bid to aid scientists to study micro-gravity and space life science?

1)China

2)Japan

3)Russia

4)U.S.

5)North Korea

Ans-1

Q6.Union Minister Santosh Kumar Gangwar inaugurated three mega ______ projects in Nagaland.

1)Road

2)Infrastructure

3)Fertilizers

4)Textile

5)Electricity

Ans-4

Q7.HRD Minister Smriti Irani unveiled bronze bust of ancient Indian mathematician-astronomer Aryabhata at UNESCO Headquarters in ______.

1)Washington D.C.

2)Paris

3)Geneva

4)New York

5)Switzerland

Ans-2

Q8.What was the previous name of The National Geoscience Awards?

1)National Geographical Awards

2)National Earth Science Awards

3)National Mineral Awards

4)National Science Awards

5)National Geological Awards

Ans-3

Q9.________, the screenwriter of “Georgia” died. She was 79.

1)Barbara Kerry

2)Barbara Winslate

3)Barbara Parry

4)Barbara Moori

5)Barbara Turner

Ans-5

Banking Awareness

1.What is Gilts:
A.Securities issued by government or Treasuries
B.They do not have any credit Risk
C.A and B both
D.None of the above
1.C

2.For which of the following purpose can banks grant Working Capital Term Loan:
A.Meeting margin for term loan
B.Meeting margin for working capital loan
C.Meeting contingent expenses
D.Meeting credit needs for peak season in an industry
2.C

3.Know Your Customers (KYC) guidelines are as per the provisions of:
A.Section 35 of Negotiable Instruments Act, 1881
B.Section 35A of Banking Regulation Act, 1949
C.Section 35A of RBI Act, 1934
D.IBA guidelines
3.B

4.Maximum period for which a commercial paper can be issued is:
A.3 months
B.6 months
C.1 year
D.2 years
4.C

5.One of the following is not correct in regard to Capital Market:
A.It is a market for long term financial assets
B.Maturity Period less than one year
C.Dealings take place at Stock Exchange
D.Unlimited number of players
E.Regulated by SEBI
5.B

6.The approaches suggested by Basel Committee for purpose of computing Credit Risk under Basel-II are:
A.Advance Standard Approach, Internal Rating-Based Foundation Approach and Internal Risk-Based Advance Approach B. Standard Approach, Internal Rating-Based Foundation Approach, and Internal Rating-Based Advance Approach
C.Basic Indicator Approach, Internal Rating-Based Foundation Approach, and Internal Risk-Based Advance Approach
D.Standard Approach, Internal Rating-Based Foundation Approach and Internal Risk-Based Advance Approach
6.B

7.The duration of Ways & Means Advances (WMAs) is:
A.10 working days for Central Government 14 days for State Government
B.10 consecutive working days for Central Government and 14 days for State Government
C.14 working days for Central Government and 18 days for State Government
D.14 consecutive working days for Central Government and 18 days for State Government
7.B

8.What are the characteristics of Treasury Bills:
A.These are borrowings by the Central/State Government
B.These are in the form of Promissory Notes
C.These are issued at a discount and for a fixed period of time
D.All of the above
8.D

9.Credit Guarantee Fund Trust for Small Industries has been set up on the recommendations of:
A.Narasimham Committee
B.Ghosh Committee
C.Chore Committee
D.Kapoor Committee
9.D

10.What is full form of SLR in banking term:
A.Statutory liquidity rate
B.Statutory liquidity ratio
C.Statutory liquid rate
D.Stagnent liquidity ratio
10.B

INDIAN ECONOMY (SHORTCUTS ) FIVE YEAR PLANS:(Important facts from First to Eleventh five year plan)

1.FIRST FIVE YEAR PLAN (1951 -56)

SHORTCUT: SIPCOT

S - SOCIAL SERVICE
I - INDUSTRY
P - POWER
Co - Communication
T - Transport

2.Second five year plan (1956 -61)

SHORTCUT : MADRAS

M - Mahalanobis Model
A - Atomic Energy Commission
D - Durgapur steel company, Tata Inst of Fundamental Research
R - Rourkela Steel Company, Rapid Industrialisation
A - Agriculture
S - Socialistic Pattern of Society

3.Third five year plan (1961-66)

SHORTCUT : SAD

S - Self Reliance
A - Agriculture
D - Development of Industry

5.Fifth five year plan (1974-79)

SHORTCUT : PSTM

(Persons Studied in Tamil Medium)
P - Poverty Eradication
S - Self reliance
T - Twenty Point Programme
M - Minimum Need Programme

6.Sixth five year Plan (1980-85)

SHORTCUT : MAIL

M - Management
A - Agriculture production
I - Industry production
L - Local Development Schemes

7.Seventh Five year plan (1985-90)

SHORTCUT : EFGH (the alphabets)

E - Employment generation
F - Foodgrain production was doubled
G - Jawahar Rozgar Yojana (1989)
H - Hindu rate of Growth

8.Eighth Five year plan (1992-97)

SHORTCUT : LPG

L - Liberalisation
P - Privatisation
G - Globalisation

9.Ninth five year plan (1997-2002)

SHORTCUT : ESPN

E - Employment for Women, SC's and ST's
S - Seven Basic minimum service
P - Panchayat Raj Institutions, Primary Education, Public Distribution System
N - Nutrition Security

11.Eleventh five year plan (2007 -2012)

SHORTCUT : TEACHERS

T - Telicomunicatons (2G)
E - Electricity, Environment Science
A - Anemia
C - Clean water
H - Health education
E - Environment Science
R - Rapid growth
S - Skill Development

Banks and their Chairman

Bank Name ----------- Chairman
1 Allahabad Bank -------- Rakesh Sethi

2 Andhra Bank ------------ Satish Kumar Kalra

3 Bank of Baroda --------- Ranjan Dhawan

4 Bank of India ----------- V.R. Iyer

5 Bank of Maharashtra ------ Sushil Muhnot

6 Canara Bank ---------------- Pradyuman Singh Rawat

7 Central Bank of India ------- Rajeev Rishi

8 Corporation Bank ------------ Sadhu Ram Bansal

9 Dena Bank -------------------- Aswini Kumar

10 Indian Bank ----------------- Mahesh Kumar Jain

11 Indian Overseas Bank ------ R. Koteeswaran

12 Oriental Bank of Commerce ------ Animesh Chauhan

13 Punjab National Bank ------- Gauri Shankar

14 Punjab & Sind Bank --------- Jatinder Bir Singh

15 Syndicate Bank -------------- Arun Srivastava

16 Union Bank of India --------- Arun Tiwari

17 United Bank of India -------- P. Srinivas

18 UCO Bank --------------------- Arun Kaul

19 Vijaya Bank ------------------- Kishore Kumar Sansi

20 IDBI Bank Ltd ----------------           -
21 Bharatiya Mahila Bank ------ Usha Ananthasubramanian

State Bank Group

1 State Bank of India ----------- Arundhati Bhattacharya

2 State Bank of Bikaner & Jaipur ------ Arundhati Bhattacharya

3 State Bank of Patiala --------- Arundhati Bhattacharya

4 State Bank of Hyderabad ----------- Arundhati Bhattacharya

5 State Bank of Mysore -------- Arundhati Bhattacharya

6 State Bank of Travancore ---------- Arundhati Bhattacharya

Private Sector Banks

1 AXIS Bank Ltd. ------------ Shika Sharma

2 Citi Union Bank Ltd.------- N. Kamakodi

3 Coastal Local Area Bank Ltd. ------ D. Jagapathi Raju

4 DCB Bank Limited -------- Nasser Munjee

5 Dhanlaxmi Bank Ltd ----- G N Bajpal

6 ICICI Bank Ltd ----------- Chanda Kochhar

7 IndusInd Bank Ltd. ----- Romesh Sobti

8 ING Vysya Bank Ltd. ------ Shailendra Bhandari

9 Karnataka Bank Ltd. ------ P. Jayaram Bhat

10 Kotak Mahindra Bank Ltd. ------ Uday Kotak

11 Krishna Bhima Samruddhi Local Area Bank -------- Vijay Nadarni

12 RBL Bank. ----------- Narayan Ramachandran

13 Tamilnad Mercantile Bank Ltd. --------- H.S.U. Kamath

14 The Catholic Syrian Bank Ltd. ---------- Rakesh Bhatia

15 The Federal Bank Ltd. --------- Shyam Srinivasan

16 HDFC Bank Ltd. --------------- Aditya puri

17 The Jammu & Kashmir Bank Ltd. --------- Mushtaq Ahmed

18 The Karur Vysya Bank Ltd. -------- K. Venkataraman

19 The Lakshmi Vilas Bank Ltd. ------ Rakesh Sharma

20 The Nainital Bank Ltd. ------------- Animesh Chauhan

21 South Indian Bank Ltd. ----------- V.A. Joseph

22 Yes Bank Ltd. ----------------------- Rana Kapoor

Heads and Headquarters of important organisations

Asian Infrastructure Investment Bank (AIIB)
HEAD - Jin Liquin
H.Q - Beijing, China

International Monetary Fund (IMF)
HEAD - Christine Lagarde
H.Q - Washington DC, USA

New Development Bank (NDB)
HEAD - K.V.Kamath
H.Q - Shanghai, China

United Nations (UN)
HEAD - Ban Ki Moon
H.Q - New York, USA

International Cricket Council (ICC)
Chairman - shashank Manohar

CEO - David Richardson
H.Q - Dubai, UAE

United Nations Children's Fund (UNICEF)
HEAD - Anthony Lake
H.Q - New York, USA

United Nations Educational Scientific & Cultural Organisation (UNESCO)
HEAD - Irina Bokova
H.Q - Paris, France

United Nations Conference on Trade and Development (UNCTAD)
HEAD - Mukhisa Kituyi
H.Q - Geneva, Switzerland

International Labour Organisation (ILO)
HEAD - Guy Ryder
H.Q - Geneva, Switzerland

World Trade Organisation (WTO)
HEAD - Roberto Azevedo
H.Q - Geneva, Switzerland

World Health Organisation (WHO)
HEAD - Margaret Chan
H.Q - Geneva, Switzerland

Food and Agriculture Organisation (FAO)
HEAD - Jose Graziano Da Silva
H.Q - Rome, Italy

World Bank
HEAD - Jim Yong Kim
H.Q - Washington DC, USA

International Atomic Energy Agency (IAEA)
HEAD - Yukiya Amano
H.Q - Vienna, Austria

International Court of Justice (ICJ)
HEAD - Ronny Abraham
H.Q - The Hague, Netherlands

South Asian Association for Regional Cooperation (SAARC)
HEAD - Arjun Bahadur Thapa
H.Q - Kathmandu, Nepal

Asia Pacific Economic Cooperation (APEC)
HEAD - Alan Bollard
H.Q - Singapore

Association of South East Asian Nations (ASEAN)
HEAD - Le Luong Minh
H.Q - Jakarta, Indonesia

Organization for Economic Co-operation and Development (OECD)
HEAD - Jose Angel Gurria
H.Q - Paris, France

Asian Development Bank (ADB)
HEAD - Takehiko Nakao
H.Q - Manila, Philippines

World Intellectual Property Organization (WIPO)
HEAD - Francis Gurry
H.Q - Geneva, Switzerland

Organization of the Petroleum Exporting Countries (OPEC)
HEAD - Diezani Alison
H.Q - Vienna, AUstria

North Atlantic Treaty Organization (NATO)
HEAD - Jens Stoltenberg
H.Q - Brussels, Belgium

Fédération Internationale de Football Association (FIFA)
HEAD- Gianni Infantino
H.Q - Zurich, Switzerland

Banking Awareness - 3

Q.1. India successfully test-fired nuclear-capable Agni-I ballistic missile from a test range off Odisha coast. This missile is capable of hitting a target ____ kms away.

1) 500
2) 600
3) 700
4) 800
5) 900

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Q.2. Who has been appointed the next Vice Chancellor of the prestigious University of Canberra?

1) Vijay Mathur
2) H Deep Saini
3) Hardeep Badal
4) Arun Patel
5) Dheeraj Kaushik

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Q.3. Moody's Investors Service has assigned a Baa3 rating to which Bank's USD denominated senior unsecured notes?

1) Kotak Mahindra
2) Axis
3) HDFC
4) ICICI
5) HSBC

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Q.4. NBFC Altico Capital announced the appointment of _____ as an independent non-executive director on its Board?

1) Naina Bhargava
2) Aruna Seth
3) Vimal Kapadia
4) Arun Laal
5) Naina Lal Kidwai

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Q.5. Recently who has won the prestigious Maruti Suzuki ESPN Cricinfo award for the third year?

1) Rohit Shrama
2) Suresh Raina
3) Virat Kohli
4) M S Dhoni
5) Yuvraj Singh

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Q.6. Which Sports Brand has appointed Suresh Raina as its brand ambassador?

1) Puma
2) Promax
3) Nike
4) Pure Play
5) Addidas

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Q.7. Who has won one million dollar Global Teacher Prize in a function at Dubai? She was awarded for her outstanding contribution to the profession.

1) Amira Khan
2) Hanan Al Hroub
3) Fatima Ali
4) Hana Sheikh
5) Imani Rehman

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Q.8. What is India's Whole Sale price Index for the month of February 2016?

1) -0.91
2) -0.92
3) -0.93
4) -0.94
5) -0.90

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Q.9. Who has won the men title of All England Badminton Championship?

1) Haan Sung
2) Chin Huan
3) Lin Dan
4) Jet Sukiang
5) Haka Suki

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Q.10. Which private sector lender Bank tied up with marquee sports car maker Ferrari to launch co-branded credit card?

1) Yes Bank
2) Kotak Mahindra
3) HDFC
4) AXIS
5) ICICI

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Banking Awareness - 2

Q.1. Recently Maharishi Badrayan Vyas Samman for the year 2015 was honoured by?

1) Narendra Modi
2) Pranab Mukherjee
3) Rajnath Singh
4) Nitin Gadkari
5) Smriti Zubin Irani

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Q.2. The Union Finance Minister Shri Arun Jaitley and Ms. Christine Lagarde, Managing Director, _______________ signed a Memorandum of Understanding to establish South Asia Regional Training and Technical Assistance Center in New Delhi.

1) International Monetary Fund (IMF)
2) World Bank
3) World Health Organisation(WHO)
4) International Labour Organisation(ILO)
5) Asian Developement Bank

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Q.3. Who has been appointed as next High Commissioner of India to Fiji?

1) Ramesh Singh
2) Debendu Rai
3) Vishwajeet Biswas
4) Vishvas Vidu
5) Susheel Mathur

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Q.4. Which country has announced that it will invest £7.3 billion to increase its investment quota in the International Monetary Fund (IMF)?

1) USA
2) Brazil
3) China
4) Russia
5) India

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Q.5. Who has been Appointed as an Additional Judge of the Manipur High Court for a period of two years?

1) W.A.Shishak
2) R.K.Manisana Singh
3) Songkhupchung Serto
4) A.Guneshwar Sharma
5) Ojesh Mutum

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Q.6. Which Tamil film and TV serial actor died recently?

1) Chiranjeevi
2) Rajnikant
3) Kamal Hassan
4) R Selvakumar
5) Kumar Mutthu

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Q.7. India and the __ have launched the Fulbright-Kalam Climate Fellowship, in a new initiative to advance bilateral cooperation on climate change?

1) Russia
2) USA
3) France
4) Israel
5) Japan

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Q.8. South Korea and the US carried out their largest-ever landing drill in the port city of _____

1) Pohang
2) Incheon
3) Mokpo
4) Dangjin
5) Changwon

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Q.9. Which Public sector lender Bank announced its tie-up with mobile payment app Chillr, to allow its customers transfer money to any contact on their phonebook instantly?

1) Allahabad Bank
2) PNB
3) SBI
4) Dena Bank
5) Andhra Bank

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Banking Awareness - 1

Q.1. What is the name of joint training exercise which is conducted as part of military diplomacy between Indian and Indonesian Army alternatively in India and Indonesia respectively?

1) SURYA KIRAN
2) Sahyog
3) LAMITYE
4) Kaijin
5) GARUDA SHAKTI

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Q.2. The ‘Nari Shakti Puraskar-2015’ towards empowerment of women was conferred by______

1) Narendra Modi
2) Pranab Mukherjee
3) Maneka Gandhi
4) Savita Jindal
5) Kiran Majumdar Shaw

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Q.3. Indian Railways appoints ___________ as consultant to tap advertising potential of stations and trains?

1) Big Eye Creative
2) Brain Solis
3) Ernst & Young
4) Graphisads Pvt Ltd
5) IB&W

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Q.4. Govt proposes to make BIS a national standards body. What does BIS stands for?

1) Bureau of Indian Standards
2) Bank for International Standard
3) Bureau of International Standards
4) Bank for Indian Standard
5) Bureau of Illegal Solicits

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Q.5. Who is the Author of the book “The Culture Heritage of Trans Himalayas-Kinnaur”?

1) R.Ramakrishnan
2) M.Nagloi
3) Mahesh Sharma
4) P.S. Nagi Loktus
5) Suresh Prabhu

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Q.6. Which county's Islamic Revolution Guards Corps (IRGC) successfully test-fired two ballistic missiles in line with the country's defence doctrine?

1) Afganistan
2) Pakistan
3) Iran
4) Israel
5) Turkey

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Q.7. Sun Pharmaceutical Industries has appointed ___________ as the brand ambassador for its brand, Revital H?

1) Virat Kohli
2) M.S.Dhoni
3) Suresh Raina
4) Sachin Tendulkar
5) Ravindra Jadeja

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Q.8. Bharat Sanchar Nigam Limited (BSNL) has signed an agreement with which DTH operator to offer video-on-demand?

1) Sun tv
2) Videocon
3) Dish Tv
4) Airtel Tv
5) Tata Sky

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