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) Wed, 07 Sep 2016 13:25:35 +0000 en-US hourly 1 http://ift.tt/2cadXbx http://ift.tt/2bXM7SZ Wed, 07 Sep 2016 13:12:55 +0000 http://ift.tt/2caezOp Honours & Awards

1. Indian film ‘Thithi’ wins best film award at BRICS Film Festival

Indian film Thithi (Kannada) has won the best film award at the first BRICS Film Festival in New Delhi.
Thithi is a dramatic comedy Kannada film co-written and directed by Raam Reddy.
The film festival screened movies from India, Brazil, Russia, China and South Africa.
Earlier, The film festival opened in New Delhi on 2nd of this month with the screening of a Malayalam movie, Veeram.

Note:-

Best film : Thithi (India)
Best Actor : Thabo Rametsi (South Africa)
Best Actress : Yulia Peresild (Russia)
Best Director : Huo Jianqi (China)

2. K G George to be honoured with J C Daniel Award

Veteran film director K G George (70-year) has been selected for the J C Daniel award 2015 for his overall contribution to the Malayalam film industry.
The award is considered the top one in the industry and given by the Kerala government to honour a film personality for his or her contribution.
The award, conferred by the state government annually in recognition of an individual’s contribution to Malayalam cinema, comprises of Rs 1 lakh and a citation.

Note:-

The award named after JC Daniel who made the first silent movie in Kerala.

3. Maharashtra announces Rs 75 lakh cash reward to Lalita Babar

Maharashtra Chief Minister Devendra Fadnavis has announced a cash reward of 75 lakh rupees to steeplechase specialist from the state, Lalita Babar (10th at Rio Olympics).
Other five athletes from Maharashtra who took part in the last month’s Games will also get 50 lakh rupees each.
Fadnavis also announced a cash reward of 50 lakh rupees to bronze medallist wrestler Sakshi Malik and 25 lakh rupees to her coach.
He also gave a cash award of 75 lakh rupees to Olympic silver medallist in women’s badminton singles P V Sindhu and 25 lakh rupees to her coach P Gopichand

National Affairs

4. India ends Yaws, Maternal & Neonatal Tetanus, WHO certifies

India has received certificates from World Health Organisation (WHO) for recognising the elimination of Yaws ,Maternal and Neonatal Tetanus (MNT) from the country.
According to the Union Health Minister J P Nadda, India has received WHO’s certificates for MNTE Yaws-free India at 69th session of Regional Committee of WHO at, Colombo,Sri Lanka.
Yaws is a chronic bacterial infection that affects the skin, bones and cartilages.

5. Govt. approves Rs 450 cr for five states under Swadesh Darshan scheme

Union Tourism Ministry has approved the amount 450 crore rupees for the development of Heritage circuit in Madhya Pradesh and Uttarakhand, Ramayana Circuit in Uttar Pradesh, North East Circuit in Sikkim and Coastal Circuit of Tamil Nadu.
The Heritage Circuit in Madhya Pradesh covers Gwalior- Orchha-Khajuraho-Chanderi-Bhimbetka-Mandu.
The Heritage Circuit in Uttarakhand is on developing Tourism Infrastructure in Jageshwar-Devidhura-Katarmal-Baijnath sites.
Coastal circuit in Tamil Nadu envisages development of Chennai-Mamamallapuram-Rameshwaram-Manpadu-Kanyakumari.
Ramayana Circuit in Uttar Pradesh envisages development of two destinations, Chitrakoot and Shringverpur.
North East circuit in Sikkim includes development of cultural centre, paragliding centre and craft bazaar for mountaineering and meditation hall.

6. Karnataka releases Cauvery water to Tamil Nadu

Karnataka has started releasing Cauvery water to Tamil Nadu from last night complying with the Supreme Court directive.
Earlier, the apex court had asked the Karnataka government to release 15,000 cusecs per day to the neighbouring state for ten days.
Karnataka govt. would approach the Supreme Court with a modification petition explaining its difficulties in implementing the order.

Sports

7. Summer Paralympic Games begin today

Summer Paralympic Games 2016 has begun in the Brazilian city of Rio de Janeiro with an opening ceremony at the Maracana Stadium.
Round 4,000 athletes from over 160 countries will compete in 22 different sport disciplines in the 12-day event.
India is fielding its largest-ever contingent of 19 athletes who will feature in 10 disciplines.

8. Sushil Kumar nominated for Padma Bhushan

Wrestler Sushil Kumar has been nominated for the Padma Bhushan by the Wrestling Federation of India (WFI).
The Federation has also recommended female wrestler Alka Tomar and Dronacharya awardee Yashvir Singh (Sushil’s coach) for the honour.
Sushil is the only Indian athlete to have won two individual Olympic medals a bronze in the 2008 Beijing Games and a silver in the 2012 London Games.
He already bestowed with the Khel Ratna award (the country’s highest sporting honour).

Note:-

The Padma Bhushan is the third-highest civilian award in the Republic of India, after the Bharat Ratna and the Padma Vibhushan.

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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: 6th September 2016_before attempting the quiz.

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/-.

Attempt Free Test Now

]]> http://ift.tt/2bXMrBi 2 http://ift.tt/2caer1u http://ift.tt/2bXM2ij Wed, 07 Sep 2016 13:01:53 +0000 http://ift.tt/2cae4DV Dear Aspirants,

In continuation with our ‘A Quick look on Financial Awareness’ series, today we are providing sixteenth 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. World Bank confirms NYU’s Paul Romer as Chief Economist

The World Bank has confirmed New York University economics professor Paul Romer (60-yers) its next chief economist.
He will replace Kaushik Basu, a former Indian government economics adviser who is retiring.
Romer will take up the position in September. He is currently a professor at New York University (NYU) and director of NYU’s Marron Institute of Urban Management.
Romer will support the President and the senior management in leading the institution and inspiring the development profession during this time of transformative change.

2. Govt. allocates Rs 22,915 cr capital to 13 PSU banks for FY17

Government has allocated 22,915 crore rupees capital to 13 public sector banks for the current fiscal.
Government has undertaken an exercise to assess the capitalization needs of Public Sector Banks in line with the announcements made under the Union Budget.
The capital infusion exercise is based on an assessment of need as assessed from the Compound Annual Growth Rate of credit growth for the last five years, and banks’ own projections of credit growth.
75 percent of the amount collected for each bank is being released now to provide liquidity support for lending operations as also to enable banks to raise funds from the market.
The remaining amount will be released later based on performance.

3. Terrapin acquires Yatra Online for $218 mn

Yatra online has been entered into a merger agreement with a NASDAQ- listed special purpose acquisition firm Terrapin 3 Acquisition Corp(TRTL).
The transaction values Yatra at an enterprise value of $218 million (Rs 1,458 crore).
The combined company will continue to be led by Yatra’s experienced management team under the leadership of chief executive and co-founder Dhruv Shringi.

Note:

Yatra.com is an Indian online travel agency and a travel search engine based in Gurgaon, Haryana, founded by Dhruv Shringi, Manish Amin and Sabina Chopra in August 2006.

4. IMF cuts UK growth forecasts for next year after Brexit vote

The International Monetary Fund (IMF) has revised downward its global economic growth forecast for next year after the British people voted to leave the European Union.
The world economy will expand by 3.4% in 2017, down 0.1 % point from their April report.
The cut stems from a downward revision of the UK growth projection, which is a downgrade of 0.9 point to 1.3 %.
According to the IMF, if negotiations between Britain and the EU don’t go smoothly, global growth could be capped at 2.8 %.

5. Federal Bank ties up with Reliance Jio Money

Federal Bank has signed an agreement with Reliance Jio Money for one-click payment service.
Reliance Jio Money is a wallet application that will be launched soon for mobile devices where Federal Bank will enable a direct payment option for its customers.
Through this service, the leading private sector bank’s customers can complete a transaction without funding the wallet.
The bank’s customers will get a facility to directly pay from their account for the services offered through the wallet .

6. IRCTC joins hands with SBI to promote rail ticketing

Indian Railway Catering and Tourism Corporation (IRCTC) has joined hands with the State Bank of India to chalk out a detailed plan for promotion of rail ticketing activities, including internet ticketing and unreserved ticketing system.
The MoU was signed by IRCTC CMD A K Manocha and Arundhati Bhattacharya, CMD, SBI.
The MoU also envisages for undertaking activities which can provide value to customers and bring about synergy in working of both the organisations.

7. HDFC ERGO enters into bancassurance tie-up with SVC Bank

HDFC ERGO General Insurance Company and Shamrao Vithal Co-operative (SVC) Bank have announced their bancassurance agency partnership to provide range of non-life insurance offerings to the customers of the bank.
The partnership combines HDFC ERGO’s experience in introducing innovative non-life insurance products with SVC Bank’s customer base across various States.
SVC Bank has 194 branches in 10 States including Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh, Gujarat, Goa, Delhi, Madhya Pradesh, Rajasthan, and Haryana.
HDFC ERGO is a joint venture between HDFC Ltd. and ERGO International AG, a Germany-based company.
ERGO is a part of the Munich Re Group that stands among the largest insurance companies of the world with an asset share of over Rs. 9,00,000 crores.

8. RBI imposes penalty of Rs 5 cr on Bank of Baroda

The Reserve Bank of India (RBI) has imposed a penalty of five crore rupees on Bank of Baroda in the alleged Rs. 6,100-crore forex related irregularities that were observed in October.
Various irregularities by bank such as non-submission and inordinate delays in filing of Suspicious Transaction Reports, besides opening of accounts by several entities without fulfilling KYC norms, were noticed by RBI.
According to BOB it has implemented a comprehensive corrective action plan, to strengthen internal controls and to ensure that such incidents do not recur.

9. IRCTC offers Rs 10 lakh insurance cover for passengers

Booking tickets of Indian railway through the Indian Railway Catering and Tourism Corporation (IRCTC) website can avail a travel accident cover of 10 lakh rupees at a premium of one rupee from September 2016.
According to the IRCTC Chairman-cum-Managing Director AK Manocha the insurance cover is besides the compensation given by the Railways in case of accidents to valid ticket holders.
The insurance will provide coverage against death, injury and disabilities caused due to accidents.

10. Odisha announces Rs.60 lakh special incentive for Rio Olympic qualifiers

Chief Minister of Odisa Naveen Patnaik has announced Rs. 60 lakh cash for six sports persons of the state who have qualified for the Rio Olympics 2016.
This incentive would be of immense help for them to prepare for the mega event.
The six sports persons are Dutee Chand (sprinter-100 m) and Srabani Nanda (sprinters-200m) and four hockey players Deep Grace Ekka, Namita Toppo, Lilima Minz and Sunita Lakra.

Thanks

Team GradeUp..!!

]]> http://ift.tt/2cadGFD 0 http://ift.tt/2bXLCs7 http://ift.tt/2cadXbF Wed, 07 Sep 2016 12:10:29 +0000 http://ift.tt/2bXMxJh Dear Readers,

As you know GD/ PI is starting from 1st September 2016 so in order to help you in this crucial phase of final selection we are with our Group Discussion Preparation Exercise. Hope this will surely help to score more.

In GD & Personal Interview, the panel members or jury will select only those candidates, who will show leadership skill, ability to handle pressure, good command over language and updated on current affairs, Banking & Financial awareness and important events. For those, who are selected for GD & PI round should follow right strategy to Crack GD & PI of SBI PO 2016.

Today’s Topic

Below we are providing you an important topic on which you have write about 100 to 150 words:

Is ‘Athithi devo bhava’ is only a slogan or really exist in India.

Thanks

Team GradeUp..!!

]]> http://ift.tt/2bXLzMP 2 http://ift.tt/2cadrKN http://ift.tt/2bXLI3d Wed, 07 Sep 2016 11:45:48 +0000 http://ift.tt/2cae0UX Dear Aspirants,

As you all know, to qualify BOB 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 essay on the topic given by us.

Read here –

How to Prepare for Descriptive Test?

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 to the Branch Manager requesting for Personal Loan.
Write a letter to the Branch Manager requesting an explanation for the denial of credit.

Thanks

Team Gradeup

]]> http://ift.tt/2bXM7Ct 2 http://ift.tt/2caeES9 http://ift.tt/2bXMblK Wed, 07 Sep 2016 10:59:15 +0000 http://ift.tt/2caehXU Dear Readers,

Here we are with our new initiative The Theory of Everything which will enlighten you about interesting facts which will surely you to excel in General Awareness Section for all Banking and Insurance Exams. Banking Exams are enlarging their syllabus for General Awareness section day by day. So in order to cope with the new pattern and to master in this section we need to widen our scope of information. In continuation of our first article we are now introducing more rivers on cities.

1. Mahanadi in Chhattisgarh & Odisha

This river is a major flowing river in Central-East India & is known for floods. The meaning of Mahanadi River is “The Great River”. The river originates from the Sihawa Mountain in Chhattisgarh & at last falls in Bay of Bengal. The cities situated on this river are:

Sihawa
Banki
Cuttack
Sambalpur

Tributaries

Seonath, Mand, Ib, Hasdeo, Ong, Jonk, Telen

Starting Point: Sihawa
Ending Point: Bay of Bengal

Total Length: 858 km

Basin area: 1,41,600 km2

Economically

Mahanadi gave life to many cities as it has one of the most active silt depositing. At Sambalpur Hirakud Dam is built which is the largest earthen dam in the world. This river is best known for fertile soil & flourishing agriculture, Rice, oilseeds & sugarcane are the principal crops.

Current Status

The government is making sincere effort to resolve Mahanadi river water sharing issue as no single state would enjoy the exclusive rights of a river.
Normal life was deformed due to bandh over Mahanadi River in odisha.

2. Rushikulya in Odisha

The Rushikulya is said to be one of the major river of odisha. The river originates from the Rushimala Hills near Matabarhi village of Kandhamal district & at last falls in Bay of Bengal at Puruna Bandha of Chhatrapur block. The cities situated on this river are:

Kandhamal
Chhatrapur
Ganjam

Tributaries

Baghua, Dhanei, Badanadi, Ghodahada

Starting Point: Rushimala
Ending Point: Bay of Bengal

Total Length: 165 km

Basin area: 7700 km2

Economically

Rushikulya River is famous for olive ridley turtles for annual nesting. Large sacle industries are based on this river as it is rich in mineral wealth. The major economic minerals are clay, limestone, manganese, sand talc, black sand & etc.

Current Status

Aribada of rare turtles begins again at rushikulya.
Over 150 turtles found dead on the sea shore & were washed up by the river.
Odisha government webcasts hatchlings of Olive Ridley turtles.

3. Shipra in Madhya Pradesh

The Shipra River is a religious river in Ujjain. The river originates from the Vindhya Range from Kokri Tekdi & at last joins the Chambal River. The cities situated on this river are:

Ujjain
Ratlam
Mandsaur
Dhar

Tributaries

Khan & Gambhir

Starting Point: Vindhya Range
Ending Point: Chambal River

Total Length: 195 km

Economically

Shipra River also known as kshipra is known best for its external cleanliness. It is a holy river for hindus as they take holy dip in it & also one of the scared river in Hinduism.

Current Status

Kumbh Mela 2016 was held in Ujjain where many high profiles took dip in the holy river.
Scores of medium go down in Ujjain to take royal bath at Kumbh Mela.

4. Hugli in West Bengal

The river Hugli The River is originated from the junction of Bhagirathi and Jalangi rivers & at last falls in Bay of Bengal. The cities situated on this river are:

Murshidabad
Nabadwip
Kolkata
Howrah

Tributaries

Gomti (Gumti), Ghaghara (Gogra), Gandaki (Gandak), and Kosi (Kusi), Yamuna (Jumna), Son, Punpun and Damodar.

Starting Point: Ganges
Ending Point: Bay of Bengal

Total Length: 195 km

Economically

This river works as a lifeline for the people of West Bengal. Hugli river valley is the major industries. This river is the major reason for the supply of water. East India Company used this river to trade in west Bengal. In 2015, the Government of West Bengal announced that renovation of the Hugli river front in Kolkata under the National Ganga River Basin Project Scheme.

Thanks

Team GradeUp!!

]]> http://ift.tt/2bXLiJZ 0 http://ift.tt/2caeElb http://ift.tt/2bXM2Pl Wed, 07 Sep 2016 09:55:20 +0000 http://ift.tt/2caehaj Hello Aspirants,

LIC (Life Insurance Premium) has declared the result of Assistant Administrative Officer which was held in march 2016. Selected candidates can check the result from the link given below:

Check your result from below link –

Click here for to see the list of selected candidates

Thanks

Team Gradeup!!

]]> http://ift.tt/2bXLIjI 18 http://ift.tt/2caek62 http://ift.tt/2bXLDfy Wed, 07 Sep 2016 09:26:51 +0000 http://ift.tt/2caeb2y 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.

Attempt Free Test Now

Thanks!!

]]> http://ift.tt/2bXM4qg 15 http://ift.tt/2c6s7s1 http://ift.tt/2cFpJhb Wed, 07 Sep 2016 08:30:18 +0000 http://ift.tt/2c6syCL 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.

Attempt Free Test Now

Thanks!!

]]> http://ift.tt/2cFpSkF 33 http://ift.tt/2c6rJdq http://ift.tt/2cFpC5l Wed, 07 Sep 2016 07:30:00 +0000 http://ift.tt/2c6sbrM 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.

Attempt Free Test Now

Thanks!!

]]> http://ift.tt/2cFqHtN 4 http://ift.tt/2c6rQp3 http://ift.tt/2cFpYZL Wed, 07 Sep 2016 06:30:12 +0000 http://ift.tt/2c6smDD Dear Aspirants

Below is the SBI PO 2016 Interview Experience of GradeUp user.

Hello frndz,

Sharing my Interview Experience

Timing: 10 am

Venue: Mumbai

Sharing my Interview Experience

Document Verification-we need to have 4 photocopied sets of the Original Bio-data for. So total 5 sets. 2 character certificates from 2 different authorities and 1 Identity certificate.

OBC Non-creamy layer candidates should possess Certificate of Govt of India dated after 1st April 2016. Though at my center they also allowed those persons who have Non-creamy certificate of their own states. This depends on the nature of persons checking your documents. There was a problem in Bio-metric verification of 2 of our Batch-mates. But authorities took undertaking from them and allowed them for GD. This was not the case at some centers.

GD- Has 2 Topics

1) A controversial topic was given to 10 candidates. One thing I felt bad about was the statement by Evaluator,”English will be the preferred language”. Then he said,”points will be given to your behavior during the discussion. No points if u keep on talking nonsense. Short talks with important points will be rewarded.”Anyways, 20 minutes were allotted. Anybody can start and finish the discussion.

2) Prioritization
Two lines were given on a topic. And then 8 points were mentioned below that. We were to pen down the preferences from 1 to 8 to those points. The points to which maximum number of candidates gave 1st preference and d last preference were to be discussed among ourselves. Consensus was to be formed among the group, which is impossible. So it went on become a fish-market. I don’t know how did they judge students here.

INTERVIEW
Panel of 5

2 cooperative CGM-SBI was d chairman.

Ours was d last batch of the day, so hardly 10-13 minutes per interview.

Only 2-3 questions on Banking. Rest were based on our profile and what we have written in Biodata form -Mine was good. One GD was average. Hoping fr 44+

All d best!!

Competition is tough

Thank u GradeUp

]]> http://ift.tt/2cFppiD 4

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