SBI, IBPS, RBI, Insurance and Other Bank Exam Preparation » SBI, IBPS, RBI, Insurance and Other Bank Exam Preparation

http://ift.tt/29jYqWq Get all you need for Banking and Insurance Exam Preparation (IBPS PO, IBPS, LIC AAO) Thu, 15 Sep 2016 03:36:41 +0000 en-US hourly 1 http://ift.tt/2d1onfF http://ift.tt/2cKGpkd Thu, 15 Sep 2016 03:36:41 +0000 http://ift.tt/2d1ppbz Dear Aspirants,

The financial & banking awareness is an important part of General Awareness section in all banking & insurance exams. To score good marks in this section you must have knowledge about banking and financial news. So, we are providing you a quiz which will help you in your preparation.

]]> http://ift.tt/2d1ozLZ 2 http://ift.tt/2cKH2Kv http://ift.tt/2d1oHLv Thu, 15 Sep 2016 01:30:04 +0000 http://ift.tt/2cKGHYp A very good morning to all,…

Here we are with our next article based on current news which contains some difficult words, we will highlight and explain those words in order to improve your vocabulary skills and to have a good command on English language section. Hope this will help you with your preparation. From now on we are going to provide the link of the article. You can go through the article by clicking on the link. Below here you will get the 10 important words from the article which will help you to excel in the exam.

Article : The ceasefire in Syria

Click here to read article from THE HINDU

Meaning of the words highlighted in the article

1. Ceasefire (noun) (संघर्ष विराम) – a temporary suspension of fighting, a truce

Synonyms – armistice, truce

Antonyms – fight, war

Ex: He declared a ceasefire and started talking to the government.

2. Regime (noun) (शासन)– a government, especially an authoritarian one

Synonyms – administration, tenure

Ex: The social aspect of the military frontier regime is interesting.

3. Intervention (noun) (हस्तक्षेप)–the action or process of intervening

Synonyms – interference, arbitration

Ex: Our nation’s intervention in another country’s war could pull us into the crisis.

4. Sceptical (adjective) (उलझन में)–not easily convinced; having doubts or reservations

Synonyms – dubious, doubtful

Ex: The doctors still said they expected him to wake up any day, but Carmen was skeptical about how much they believed it.

5. Escalating (verb) (तीव्र) – increase rapidly

Synonyms – amplify, ascend

Antonyms – decline, shrink

Ex: The war in Europe was escalating.

6. Bolstered (verb) (बल मिला)– support or strengthen

Synonyms – buoy, cushion

Antonyms – halt, hinder

Ex: The reminder of what he was made her angry and bolstered her resistance.

7. Verge (noun) (कगार)– an edge or border

Synonyms – brink, selvage

Antonyms – interior, middle

Ex: At times he seemed on the verge of revealing it to Adrienne, only to draw back into himself and avoid her for days..

8. Stalemate (noun) (गतिरोध)–a position counting as a draw, in which a player is not in check but cannot move except into check

Synonyms – impasse, arrest

Antonyms – advance, progress

Ex: A stalemate was reached when neither of the chess players could make a legitimate move.

9. Staunch (adjective) (कट्टर)– very loyal and committed in attitude

Synonyms – ardent, stout

Antonyms – irresolute, flexible

Ex: Politically, it is evident that he was a staunch supporter of the popular party.

Word of the Day

Renege

Meaning (English) – go back on a promise, undertaking, or contract

Meaning (Hindi) – इनकार

Synonyms – default, reverse

Example – Today, politicians everywhere routinely renege on pledges in the belief that any problem can be solved by short-term fixes, spin-doctoring or character assassination.

उदाहरण – आज हर जगह राजनेता नियमित रूप से अपने वादों से मुकर जाते हैं यह सोच कर कि अल्पकालिक जुगाड़ से, शब्दों के हेरफेर से या चरित्र हनन से किसी भी समस्या का समाधान किया जा सकता है।

]]> http://ift.tt/2d1p9JK 10 http://ift.tt/2cKGmoC http://ift.tt/2d1oQ1A Wed, 14 Sep 2016 15:30:17 +0000 http://ift.tt/2cKFIre As you know Computer is a very important section to get a good score for Bank. Thus, we are sharing with you Computer questions for your better preparation which is very important and you can expect similar questions in the exam.

Gradeup has launched IBPS PO Prelims 2016 Online Mock test Series consisting of 21 full-length online tests for you to score better in upcoming IBPS PO Prelims Online Exam. The Test Pack consists of 21 High Quality Practice Tests based on latest pattern for you to ace your exam. Where the first test is completely free and entire package can be purchased for only Rs. 395/-.

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]]> http://ift.tt/2d1oqbB 48 http://ift.tt/2cKFtwf http://ift.tt/2d1orwb Wed, 14 Sep 2016 14:30:47 +0000 http://ift.tt/2cKF78X As you know Current Affairs is a 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 has launched IBPS PO Prelims 2016 Online Mock test Series consisting of 21 full-length online tests for you to score better in upcoming IBPS PO Prelims Online Exam. The Test Pack consists of 21 High Quality Practice Tests based on latest pattern for you to ace your exam. Where the first test is completely free and entire package can be purchased for only Rs. 395/-.

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]]> http://ift.tt/2d1o3xl 67 http://ift.tt/2cKGV1L http://ift.tt/2d1oaci Wed, 14 Sep 2016 14:20:29 +0000 http://ift.tt/2cKFxfB Sports

1. Devendra Jhajharia wins gold medal at 2016 Rio Paralympics

India’s Devendra Jhajharia (36-year) has won Gold Medal in the men’s javelin throw, F46 event at the Rio Paralympics 2016.
He becomes only the second gold medallist at the Paralympics for the country.
Earlier, Jhajharia won gold in the javelin event at the 2004 Athens Paralympics.
He improved his own 2004 record of 62.15 metres with a world-record throw of 63.97 metres.
Devendra Jhajharia was awarded the Arjuna award in 2004 and the Padma Shri in 2012.

2. Track Asia Cup cycling to begin in New Delhi

India is hosting the Track Asia Cup cycling competition at the Indira Gandhi Sports Complex velodrome in New Delhi.
The event has been recognised by the International Cycling Federation.
India would be fielding a strong 29-member contingent in the competition.
More than 150 athletes participate from 11 other countries (Iran, the United Arab Emirates (UAE), Kazakhastan, Hong Kong, Uzbekistan, Nepal, Sri Lanka, Taiwan, Macau, Malaysi,Pakistan).

Important Dates

3. 14 September: National Hindi Divas

The National Hindi Divas is being celebrated on 14th September every year to mark adaptation of Hindi language as the official language of India by the Constituent Assembly of India on 14 September 1949.
The Rajbhasha awards were instituted by the Department of Official Language of Union Home Ministry to recognize the excellent contribution of Ministries, Departments and Nationalized Banks in the field of Hindi.

National Affairs

4. Andhra Pradesh becomes second state to achieve 100% electrification

Andhra Pradesh has achieved 100% household electrification after Gujarat, as per a report published by JM Financials based on a national level survey.
About 35% rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply.
Chief Minister N Chandrababu Naidu proposed investment of Rs. 20,000 crore over five years will strengthen electricity distribution systems.

5. BRICS urbanisation forum meet begins in Vishakhapatnam

The BRICS Urbanisation Forum Meet (3rd edition) has started in Visakhapatnam, Andhra Pradesh.
The three days meet has been inaugurated by Chief Minister of Andhra Pradesh N. Chandrababu Naidu in the presence of M. Venkaiah Naidu (Urban Development Minister).
The conference will also discuss how to increase the productivity,make a separate urban finance system and the creation of employment opportunities.

National & International Appointment

6. Aleksander Ceferin elected new UEFA President

Slovenian lawyer, Aleksander Čeferin (48-years) has been elected as the new President of the European football governing body, UEFA,at UEFA’s Extraordinary Congress.
He replaces banned former chief Michel Platini.
He head of the Slovenia FA scored a decisive 42-13 votes victory over Dutchman Michael Van Praag at election congress of the European football federation in Athens.

7. Anoop K Sharma new CMD of Shipping Corporation of India

Anoop Kumar Sharma has taken the charge of the Chairman & Managing Director (CMD) of Shipping Corporation of India (SCI) for a period of three years.
The Shipping Corporation of India is a Government of India Public Sector Enterprise with its headquarters in Mumbai.
SCI operates and manages vessels that service both national and international lines.

Honours & Awards

8. Sri Sri Ravi Shankar to be awarded by Jewish rights group

Spiritual leader and The Art of Living founder Sri Sri Ravi Shankar will be conferred with Simon Wiesenthal Centre’s highest honour ‘the Simon Wiesenthal Humanitarian Laureate’.
He will be felicitated for promoting human dignity, interfaith, relations and tolerance among people.
The award ceremony will be held on 21st September in New Delhi .

9. Indian-origin scientist bags Lemelson-MIT Prize

An Indian-origin scientist Ramesh Raskar (from Nasik) has bagged the prestigious Lemelson-MIT Prize worth 5 lakh US dollars for his groundbreaking inventions to create solutions to improve lives globally.
He has founded of the Camera Culture research group at the MIT Media Lab and an Associate Professor of Media Arts and Sciences
He has more than 75 patents to his name and having written more than 120 reviewed publications.

Note: –

The annual Lemelson-MIT Prize honors outstanding mid-career inventors improving the world through technological invention and demonstrating a commitment to mentorship in science, technology, engineering, and mathematics.

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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: 13th September 2016_before attempting the quiz.

Attempt Free Test Now

]]> http://ift.tt/2d1pTP6 44 http://ift.tt/2cKG3KA http://ift.tt/2d1pSuw Wed, 14 Sep 2016 12:54:50 +0000 http://ift.tt/2cKH5WW Dear Aspirants,

In continuation with our ‘A Quick look on Financial Awareness’ series, today we are providing eighteenth part of recent and current Banking, Economy & Financial news.

This article will help in your preparation for General Awareness section for upcoming exams like IBPS & BOB exams.

1. Insurance scheme for cattle launched in Haryana

The Haryana state Animal Husbandry and Dairying Minister OP Dhankar has launched ‘Pashudhan Bima Yojana’ in the State at a function in Jhajjar.
Dhankar has also presented documents of the Pashudhan Bima Yojana to cattle breeders and urged them to take maximum benefit of this scheme.
Under the ‘Pashudhan Bima Yojana’ insurance cover would be provided for cows, buffaloes, bulls, camel at a premium of Rs 100 and for sheep, goat, pig at Rs 25 for a period of three years.
The scheme is free of cost for cattle breeders belonging to Scheduled Castes therefore no premium would be charged from them

2. LIC signs up Axis Bank as bancassurance partner

Life Insurance Corporation of India (LIC) has signed an agreement with private sector lender Axis Bank as its bancassurance partner where in the bank will distribute LIC’s products to its customers.
In the first phase, bank will distribute LIC’s life insurance products across its branches in West Bengal, Bangalore and Haryana.
Axis Bank is the third largest private sector bank in India.

3. IRS officer Rani Singh Nair takes over as new chairperson of CBDT

Senior Indian Revenue Service (IRS) officer Rani Singh Nair took over as the new chairperson of Central Board of Direct Taxes (CBDT).
Central Board of Direct Taxes is the policy-making body of the I-T department under the Union Finance Ministry.

4. IRCTC’s Food on Track app ties up with Mobikwik for e-cash payments

Indian Railway Catering and Tourism Corporation (IRCTC) and Mobile payments company MobiKwik will power e-cash payments on IRCTC’s e-catering app, Food on Track.
This app will allow passengers to book and get food from their preferred restaurants and delivered right at their train coaches.
MobiKwik is a mobile wallet and online payment system where a user can store money to make recharge and pay utility bills ,shop using wallet with over 50,000 merchants.

5. Oracle India Joins SBI to foster Digital Skills Initiative

Oracle India has announced a corporate citizenship collaboration with State Bank of India (SBI)
Oracle India will launch the ‘D-Change’ programme which will support education and learning, women’s empowerment and rural skills development in the country.
“D-Change” aims to build awareness and promote financial literacy among girls and women, especially those that are underprivileged.
It will merge SBI’s financial expertise and expansive reach with Oracle’s technology leadership to help local communities drive substantial change and develop a skilled economy.

6. ICICI Bank reduces lending rate by 0.05%

ICICI Bank has announced 0.05% reduction in its marginal cost of funds based lending rate (MCLR).
The overnight Marginal Cost of Funds based Lending Rate (MCLR) will be 8.90% under the revised rate structure which is effective from today.
The one-year MCLR has moved down to 9.10%.

Note:-

The Reserve Bank of India (RBI) has introduced the MCLR from April 1 this year for faster transmission of its policy actions into actual lending rates by the banks.

Main components of MCLR:

Marginal cost of funds
Negative carry on account of CRR
Operating costs
Tenor premium

7. Monthly honorarium of ASHAs doubled from Rs 500 to 1,000 : Haryana

Monthly honorarium of Accredited Social Health Activists (ASHAs) in Haryana has been doubled from Rs. 500 to Rs. 1,000 .
An additional amount of 41.73 crore rupees has been approved on account of honorarium for ASHAs and incentives of Auxiliary Nurse Midwives (ANMs).
Each ASHA will be given an added incentive of 50% in her monthly earned incentive under National Health Mission, which would be maximum of 1,500 rupees.
This would benefit 19,281 ASHAs in the State.

8. RBI launches ‘Sachet’ portal to rein in illegal money deposits

The Reserve Bank of India (RBI) Governor Raghuram Rajan has launched a web portal ’Sachet- http://ift.tt/2axbs2O’ to curb illegal collection of deposits.
A website from which the members of public would be able to obtain information regarding entities that are allowed to accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities
The website also incorporates regulations prescribed by all financial regulators that different entities have to follow
The website would also help enhance coordination among regulators and State Government agencies and thus be useful in curbing instances of unauthorized acceptance of deposits by unscrupulous entities.

9. Corporation Bank launches group insurance scheme for borrowers

Managing Director and Chief Executive Officer of Corporation Bank Jai Kumar Garg has launched “group credit life insurance scheme” of Life Insurance Corporation of India (LIC) in Mangaluru.
The scheme has been made available initially at all the branches of Mangaluru Zone which would later be extended to all branches.
The Scheme is available to bank’s customers in the age group of 18 to 60 year who have taken term loans.
It is a single premium group term insurance plan offering insurance cover to the loan availed by the customer, in the event of unfortunate death of the borrower.

10. Government fixes an inflation target of 4 percent for five years

The government has set an inflation target of 4% for the next five years.
Monetary Policy Committee to be set-up soon it will have to adhere to the target till March 31, 2021.
Last year ,the government and RBI had reached an agreement on a monetary policy framework that had set the inflation target at 4% plus or minus 2%.
Earlier, The government has notified rules for setting up the Monetary Policy Committee giving affect to amendments in the RBI Act.

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]]> http://ift.tt/2cKF7pt 2 http://ift.tt/2d1oIin http://ift.tt/2cKGVih Wed, 14 Sep 2016 10:43:05 +0000 http://ift.tt/2d1onMH Hello Aspirants,

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]]> http://ift.tt/2cKGu7v 90 http://ift.tt/2d1ppIB http://ift.tt/2cKH7hh Wed, 14 Sep 2016 09:29:19 +0000 http://ift.tt/2d1prAc Dear Readers,

As you all know, next most important exam in banking is IBPS PO & RBI which is going to be held in the month of September & October. We will start focusing on IBPS PO & RBI 2016 Exam. Thus, we are providing you Important Mini Mock test based on Previous Years Question Papers which will help you to get a perfect score in the Exam.

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]]> http://ift.tt/2cKG4hf 26 http://ift.tt/2d1oAj1 http://ift.tt/2cKGOD5 Wed, 14 Sep 2016 08:30:47 +0000 http://ift.tt/2d1oIix Dear Readers

As you all know, SBI PO exam is over and next most important exam in banking is IBPS PO which is going to held in the month of October. We will start focusing on IBPS PO Mains 2016 Exam. Thus, we are providing you important Quiz on Reasoning which will help you to get a perfect score in the IBPS PO & Other Banking Exams.

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]]> http://ift.tt/2cKGdBn 25 http://ift.tt/2d1osA7 http://ift.tt/2cKFPTu Wed, 14 Sep 2016 07:45:41 +0000 http://ift.tt/2d1pxrC Dear Readers

As you all know, SBI PO exam is over and next most important exam in banking is IBPS PO which is going to held in month of October. We will start focusing on IBPS PO Mains 2016 Exam. Thus, we are providing you important Quiz on Quantitative Aptitude which will help you to get a perfect score in the IBPS PO & Other Banking Exams.

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