http://ift.tt/29jYqWq Get all you need for Banking and Insurance Exam Preparation (IBPS PO, IBPS, LIC AAO) Fri, 15 Jul 2016 14:30:21 +0000 en-US hourly 1 http://ift.tt/29DsgSl http://ift.tt/29UfAdm Fri, 15 Jul 2016 14:30:21 +0000 http://ift.tt/29DsF7t As you know Current Affairs is very important section to get a good score for Bank and other Exams. Thus, we are sharing with you Current Affairs and G.K. questions for your better preparation which is very important and you can expect similar questions in the exam.
GradeUp is conducting a FREE mock test for SBI PO Mains and you can pre-register. The test is based on the latest exam pattern.
FREE SBI Mains Mock Test – Subscribe Here
]]> http://ift.tt/29UexKL 5 http://ift.tt/29DsBV2 http://ift.tt/29UeNtg Fri, 15 Jul 2016 13:31:04 +0000 http://ift.tt/29DsLM5 National & International Appointment1. Rakesh Kumar Chaturvedi new CBSE chairman
- The government has appointed IAS officer Rajesh Kumar Chaturvedi (1987-batch) Chairman of the Central Board of Secondary Education (CBSE) for 5 year term.
- His appointment was made by the Prime Minister-headed Appointment Committee of the Cabinet.
- The post was lying vacant since December 2014.
Note:-
- The CBSE is a Board of Education for public and private schools, under the Union Government.
- It affiliates all Kendriya Vidyalayas (KVs), all Jawahar Navodaya Vidyalayas (JNVs), private schools and most of the schools approved by Union Government.
- It conducts the final examinations for Class 10 and Class 12 every year in the month of March and also declares the results.
Important Dates
2. 15 July: World Youth Skills Day
- The World Youth Skills Day has been observed globally with the theme Skills Development to Improve Youth Employment.
- On the occasion, United Nations organised the event facilitated by the UN Envoy on Youth Ahmad Alhendawi.
- The day is observed to create more awareness and a discussion on training and the development of skills for the youth of today,in hopes of creating a better opportunity for them when it comes to employment.
Banking & Finance
3. SIT on black money recommends ban on cash transactions above 3 lakhs
- The Special Investigation Team (SIT) on black money headed by retired Justice M B Shah has recommended the ban on cash transactions of above 3 lakh rupees in a day and a separate law to declare such transactions as illegal and punishable.
- It has also suggested upper ceiling of cash holding at 15 lakh rupees to curb illegal wealth in the economy.
- The SIT felt that the cash transaction limit can only succeed if there is a limitation on cash holding.
- If any person or industry required holding more cash, it may obtain necessary permission from the Commissioner of Income Tax of the area.
4. RBI asks banks to exchange upto 20 soiled notes free of charge
- In an effort to improve customer service, the RBI has asked banks to exchange up to 20 pieces of soiled currency notes with a maximum value of Rs 5,000 over the counter, free of charge.
- If the number of notes to be exchanged is more than 20, banks can levy service charge.
Honours & Awards
5. Emirates named world’s best airline in 2016 Skytrax awards
- The international airline Emirates based in Dubai has won the top honors at Skytrax World Airline Awards ceremony at the Farnborough International Airshow in England.
- According to a survey conducted by Skytrax, Emirates is the world’s best airline for the year 2016.
- The survey underscores the consistency of the quality service among the world’s top carriers.
Note:-
- The top 5 best airlines: 1. Emirates , 2. Qatar Airways, 3. Singapore Airlines, 4. Cathay Pacific, 5. ANA All Nippon Airways.
Obituaries
6. Hockey Olympian Joe Antic passes away
- Hockey Olympian Joe Antic (90-year) has passed away in Mumbai.
- He represented the country in the Rome Games where Pakistan won the final.
- He was one of the coaches in the Indian team’s World Cup camp in 1973.
- Later, he became the national coach of the Oman team that took part in the 1982 Asian Games in Delhi.
National & International Affairs
7. India first country to become YAWS-free
- India has been acknowledged as the first country in the world to become YAWS-free.
- YAWS is a kind of bacterial infection that affects skin, bones and joints, while tetanus, another bacterial infection, leads to muscle spasms that can be fatal.
- Union Health Minister JP Nadda received an official citation from the World Health Organisation and the UNICEF for Elimination of Maternal and Neonatal Tetanus and for being YAWS-free.
- According to the WHO, 19 countries have still not reached the MNTE status.
- India has achieved the milestone of being YAWS-free much before the WHO global target year of 2020.
8. Kerala launches online incubator for student start-ups
- Kerala Chief Minister Pinarayi Vijayan has launched SV.CO, purportedly world’s first digital student incubator, as a digital makeover of the Startup Village in Kochi.
- SV.CO will constitute the second phase of development of Startup Village and is designed to help thousands of college-goers make an early start in entrepreneurship.
Note:-
- Startup Village is India’s first PPP model technology incubator and has supported more than 500 start-ups and helped create 3,000 jobs during its first phase 2012-15.
- It will provide them a completely digital incubation framework, ranging from application for admission to teaching, mentoring and graduation.
Science & Defence
9. DRDO successfully tests advanced artillery gun system
- India’s Defence Research and Development Organisation (DRDO) has successfully conducting the proof firing of Armament system for 155 mm x 52 calibre Advanced Towed Artillery Gun System (ATAGS).
- Recently, the technical trials conducted at Proof & Experimental Establishment (PXE), Balasore, Odisha.
- The ATAGS is being developed to supplement the endogenously designed and manufactured 155 millimeter/45 caliber artillery gun, Dhanush.
- It is an improved version of the FH-77B 155 mm/39 caliber towed howitzer manufactured by the Swedish defense contractor Bofors (now BAE Systems) and of which India acquired 414 between 1987 and 1991.
Sports
10. GM Harika Dronavalli wins Fide Women’s Grand Prix trophy in China
- India’s Grand Master Harika Dronavalli has won the Fide women’s Grand Prix trophy in Chedu in China.
- She finished on 7 points in the round robin tournament featuring the world’s top 12 players to be crowned the champion.
- India’s Grand Master Koneru Humpy too rounded off her campaign with a victory to also finish on 7 points.
- She was declared winner for finishing with a better tie-break record in the tournament.
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GK Quiz (for previous day’s news only)Take the quiz below to find out how well-versed you are with current affairs. You can also go through the Daily GK Update: 14th July 2016_before attempting the quiz.
As you all know, to qualify SBI PO Mains 2016 Exam you need to appear in descriptive test which will be conducted after Online Objective test. The Descriptive test included questions from Essay and Letter writing. So to help you, we are posting 2 topics and you have to write a letter on the topic given by us.
Today we are providing you a sample letter on the topic “Request for personal Loan to the Branch Manager”.
ABC
A-Wing,
Sector 16, A
Sahara Colony,Noida
Pin Code-201301
Date: July 15, 2016
To,
The Branch Manager,
State Bank of India
Sector-18, Noida
Subject: Request for Personal Loan
Sir,
I would like to draw your Kind attention to avail a personal loan for my daughter’s marriage. I have a fixed deposit account (A/c no. 34564567877) at your branch with a deposit of 5 lakh rupees. The Maturity date of the Fixed deposit A/C is September 17, 2017.
I will be pleased to get a loan of 2 lakh rupees against the fixed deposit. All the required documents like address proof and PAN card is enclosed within.
I will be glad if you kindly approve the loan amount as soon as possible.
Yours faithfully
ABC
This letter is written by one of our reader – Skiller.
More from us: So now we are providing you a topic on which you have to write a letter in the comment section which will be reviewed by us.
Write a letter on “Policy holders have stopped depositing their premium. So you have provide proper information about the terms and conditions & convince them to continue depositing their premium”.
Read here –
How to Prepare for Descriptive Test?
Thanks
Team Gradeup!!
]]> http://ift.tt/29UeL4r 14 http://ift.tt/29DsCID http://ift.tt/29UeAWO Fri, 15 Jul 2016 09:30:23 +0000 http://ift.tt/29DssRq Dear Readers,As you all know, next most important exam in banking is SBI PO which is going to be held in the month of July. We will start focusing on SBI PO 2016 Exam. Thus, we are providing you Important Section test based on Previous Years Question Papers which will help you to get a perfect score in the Exam.
GradeUp is conducting a FREE mock test for SBI PO Mains and you can pre-register. The test is based on the latest exam pattern.
FREE SBI Mains Mock Test – Subscribe Here
Thanks!!
]]> http://ift.tt/29UekqM 21 http://ift.tt/29DssRH http://ift.tt/29Uemik Fri, 15 Jul 2016 09:03:50 +0000 http://ift.tt/29DsHw0 Dear ReadersAs you all know, SBI clerk exam is over and next most important exam in banking is SBI PO Mains which is going to held in month of July. We will start focusing on SBI PO2016 Exam. Thus, we are providing you important Reasoning Quiz on Puzzle which will help you to get a perfect score in the SBI PO Exam.
GradeUp is conducting a FREE mock test for SBI PO Mains and you can pre-register. The test is based on the latest exam pattern.
FREE SBI Mains Mock Test – Subscribe Here
Thanks!!
]]> http://ift.tt/29UfCSw 4 http://ift.tt/29Dsh8R http://ift.tt/29UejTG Fri, 15 Jul 2016 07:49:53 +0000 http://ift.tt/29Dskl7 Dear ReadersAs you all know, SBI clerk exam is over and next most important exam in banking is SBI PO which is going to held in month of July. We will start focusing on SBI PO Mains 2016 Exam. Thus, we are providing you important Quiz on Data Interpretation which will help you to get a perfect score in the SBI PO Exam.
GradeUp is conducting a FREE mock test for SBI PO Mains and you can pre-register. The test is based on the latest exam pattern.
FREE SBI Mains Mock Test – Subscribe Here
Thanks!
]]> http://ift.tt/29Uey1h 14 http://ift.tt/29DsDwn http://ift.tt/29Uen63 Fri, 15 Jul 2016 06:50:25 +0000 http://ift.tt/29DsQPO Dear ReadersIBPS has issued an Official Notification regarding amendment in the recruitment process of RRBs through CWE-V.The amendment in APR, 2010 is under cosideration of the Government. The department is considering the following improvements in the recruitment process of RRBs through suitable amendments in APR, 2010.
About RRBs
Regional Rural Banks (also RRBs) are local level banking organizations operating in different States of India. They have been created with a view to serve primarily the rural areas of India with basic banking and financial services. However, RRBs may have branches set up for urban operations and their area of operation may include urban areas too.
Areas of Improvements in the recruitment process of RRBs
- Conduct of Interviews
- Local Language Proficiency
- Marks for Written Test & Interview
- State-wise merit list
- Two tier written examination
- Deputation
- Discontinuation of Interviews for junior level posts
Check here for Official Notification
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Team GradeUp..!!
]]> http://ift.tt/29UeEpp 16 http://ift.tt/29Dsj0f http://ift.tt/29UeL4m Fri, 15 Jul 2016 06:00:00 +0000 http://ift.tt/29Dsh8D Dear AspirantsEnglish is considered a monster section by most of the Banking Aspirants. Also it has been found that even after a good quality of preparation, it is difficult to score cent percent.
In this post, we particularly are emphasizing on the Reading Comprehension topic, which constitutes maximum number of questions in any Banking Exam. Subsequently in this post we will analyze the approach, and strategize to score better in this section.
Reading Comprehension is the ability to read text, process it and understand its meaning. In addition, RCs are aimed at testing a candidates Knowledge of two elements i.e. Vocabulary and Text Comprehension.
And it is interesting to note that both these elements play a crucial role in better understanding of the passage i.e. for understanding a text, one must have better knowledge of Vocabulary. But what is more complex and varied out of the above two elements is the Text Comprehension.
The current trend of questions that come in the RC are inference based i.e. the questions are not direct but one has to infer from the given passage. Also there can be one or more conclusions given in the question which are true/false depending on what is asked in the question.
Now let’s move towards the Approach that one should follow while performing a RC in the exam.
The most common suggestion and approach is first read the entire passage and then answer the question that follows. Firstly let’s discuss this approach in detail.
Try to make notes while solving/ reading RCs. It is crucial for locating the appropriate information and also acts as a mental bookmark, thus helping in better understanding of the topic.
While making notes, one must look towards and identify following things:
i) Subject of the passage – which/what is the precise thing the author, is talking about.
ii) Main idea of the passage – what the author is saying about the subject.
iii) Tone of the author of the passage – which is manner author has adopted in the passage.
As soon as one figure out the above three things and central point of the passage, one will be familiar with the gist [GI – general Idea + S – Structure + T- Tone] of the passage. This will also help you to build a thematic composition and logical sequence of the passage. Thus enable you to answer questions from particular parts of the passage.
But this sole approach is beneficial for the ones who generally read very fast. Then what approach should one follow in a RC, below are the some of the approaches that one must try.
1. Instead of reading the entire passage, read critically the first and last paragraph of the RC. Generally what the author is saying can be identified in the first few lines of the passage, which in case of longer passages becomes roughly 1/3rd of the passage. For the rest passage examine hastily, what the author has said about the subject.
Also for longer passages, try to put down in 10-15 words, for each paragraph, what you feel are the central points of the passage.
2. The next thing in this approach is to identify the structural words that tell you the important Ideas or Transitions in a passage. These structural words play a specific role in a sentence and paragraph. The most common structural words are given below:
These three kinds of words describe three roles that words can play in a paragraph.
For e.g.
Continuity words: The author would support his point of view further.
Contrast words: The author would introduce a contrarian point of view.
Conclusion words: The author would sum up his argument so far.
3. Further try to recognize the words that represent positive and negative role in the passage. These words will let you decide whether the author is for or against the subject. A few examples of such words are given below:
Thus these words help you establish the motive of the author.
4. Whenever a question is asked on a phrase given in the passage, just read the three lines above and below that phrase to have an idea of what is implicit from that phrase.
5. There are around 4-6 questions based on Synonyms and Antonyms, these questions can be answered if you have good vocabulary and if your vocabulary is not good, then read the sentence in which the word is used to get a rough idea of the meaning of the word.
Now let’s discuss how one should attempt RC questions in the Exam. Generally, there are 2 ways in which a RC can be attempted which are given below:
1. PQ Approach (passage first, then the questions)
- Read the entire passage thoroughly first and then read the questions
- Skim & Scan through the passage and keep going back and forth with questions and passage
- Read the first 2 paragraphs, scan all the questions and see what you can answer, then read Para 3 & 4, scan the questions and see what you can answer, then read Para 5& 6!!
2. QP approach (questions first, then the passage)
- Read all the questions with their answer options first and then the passage
- Read question 1 with all the options, then go through the entire passage to answer it. Then read question 2, go through the entire passage. Then question 3!
- Just read all the question stems, without reading the answer options. Then read the passage and try answering the questions by reading them with the options.
After practicing all above strategy and approach, here is a list of tips you must follow while doing a RC.
1. Eliminate and not select: In most cases, elimination of choices work better than selection of choices. Here is an approach to eliminate which is ‘BANE’. Eliminate choices that are too broad, too narrow, that are alien (Strange) and too extreme.
2. Never apply your own knowledge to the given passage. Confine your understanding to the given passage only.
Thanks
Team GradeUp
]]> http://ift.tt/29UeIWj 11 http://ift.tt/29DssAX http://ift.tt/29UeyOG Fri, 15 Jul 2016 05:07:54 +0000 http://ift.tt/29DsngS Dear ReadersAs you all know, next most important exam in banking is SBI PO which is going to held in month of July. Thus, we are providing you Important English Quiz on Reading Comprehension which will help you to get a perfect score in the SBI PO Exam 2016.
GradeUp is conducting a FREE mock test for SBI PO Mains and you can pre-register. The test is based on the latest exam pattern.
FREE SBI Mains Mock Test – Subscribe Here
Thanks!
]]> http://ift.tt/29Uev5H 27 http://ift.tt/29DsxVp http://ift.tt/29UekHi Fri, 15 Jul 2016 03:30:35 +0000 http://ift.tt/29DsuZy Dear Aspirants,SBI PO Mains 2016 Exam is scheduled to be held on 31 July 2016. The mains exam consists of 4 sections which includes – Reasoning + Computer, Data Interpretation, English Language & General Awareness / Economy / Financial Awareness.
We are here providing, quiz on Financial Awareness, which will help you in scoring good marks in the GK section.
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