STATE BANK OF INDIA PO FINAL RESULT OUT...!

Bank exam aspirants dream bank,State bank of India has released the final result for the recruitment in Probationary Officers 2016.

Congratulations to all the selected candidates.....

Click here to check your result

Marks for successful as well as Unsuccessful candidates will be uploaded soon in the SBI careers website....

CABINET APPOINTMENTS

1. The appointments committee of the cabinet has appointed retired IAS official Shakti Sinha to the post of director of Nehru Memorial Museam and Library in New Delhi.
2. The Government has appointed S.Siva kumar,professor at the Indian Law Institute as a full time member of 21st law commission.

Question from Current affairs:

Who is the Chairman of 21st Law Commission?

Comment Your Answer in the Disqus comment box.

CENTRE CUTS SMALL SAVINGS INTEREST RATES

1. The centre announced a cut of 0.1 percentage points in the interest rates on small savings schemes including public provident fund,Kisan vikas patra,senior citizens scheme,sukanaya samriddhi yojana and National savings certificates for the period October 1-December 31,2016.
2. However,the rate on savings account has kept unchanged at 4%.
3. The centre has reduced the interest rates of small savings accounts in March 2016.

Here are the new interest rates:-

SAVINGS ACCOUNT	INTEREST RATES
Public Provident Fund	8.1% to 8.0%
Kisan Vikas Patra	7.8% to 7.7%
Sukanya Samriddhi Yojana	8.6% to 8.5%
Senior Citizens Scheme	8.6 to 8.5%
National Savings Certificate	8.1% to 8.0%

PROJECT SAKHSAM

• The cabinet committee on Economic affairs has approved a Rs 2256 crore outlay for Project Saksham, an Initiative under the Central Board of Excise and Customs(CBEC) to bolster the information technology network for the new GST regime that the government intends to roll out from 2017.
  

OBAMA APPOINTS FIRST AMBASSADOR TO CUBA IN 5 DECADES

• The United states of America has appointed Jeffrey De Laurentis,america's top diplomat in Havana to become the first official ambassador to cuba in five decades.
• The two countries restored full diplomatic relation in July 2015 when Mr.Obama and the Cuban president Raul Castro announced a thaw in relation in 2014.

What is the currency of Cuba?

BRICS TO INTRODUCE BILATERAL SOCIAL SECURITY PACTS

• BRICS countries have agreed to enter into bilateral Social Security Agreements(SSA).
• The pacts ensure that a worker who migrates for employment doesn't get curtailed of the Social Security benefits during her stay in that country.

Question from current affairs:

With which country India has signed Social Security agreement in the month of July?

 

INFOSYS INTRODUCED SKAVA COMMERCE

1.India's second largest IT services company,Infosys introduced Skava commerce,a modern,Mobile first Modular e-commerce platform.The new platform was developed by Skava,a Starup that was recently acquired by Infosys.

2.It allows businesses to leverage flexible cloud based micro services and white label applications to new offerings and improve conversion in digital channels.

REASONING:PUZZLES MEDIUM LEVEL

• Eight persons – A, B, C, D, E, F, G and H – are sitting around a circular table facing the center. Each of them works in a different city among Delhi, Kolkata, Kanpur, Goa, Bangalore, Hyderabad, Chennai and Pune, but not necessarily in the same order.
•  A is third to the left of the person who works in Goa and opposite G.
•  B is second to the right of E, who is not to the immediate right of G. E is not adjacent to A.
• The persons who works in Kanpur and Delhi are opposite each other but they are neither B nor A.
• D, who works in Hyderabad, is third to the right of the person who works in Kanpur.
• F and H are neither opposite nor adjacent to each other.
• C is neither adjacent to F nor adjacent to the person who works in Bangalore.
• Neither A nor G is from Chennai and the person who works in Chennai is to the immediate left of the person who works in Kolkata.

Make a try....solution will be provided soon.....


SOLUTION:
CLOCKWISE:E(GOA),F(DELHI),D(HYDERABAD),A(KOLKATA),H(CHENNAI),C(KANPUR),B(PUNE),G(BANGALORE)

FIRST IN BANKING-FIRST BANK TO INTRODUCE SAVINGS ACCOUNT IN INDIA??????

1. First bank in India---Bank of Hindustan
2. First governor of RBI---Osborne Smith
3. First Indian governor of RBI---CD Desmukh
4. First bank to introduce ATM in India---HSBC
5. First bank to Introduce Savings account in India---Presidency bank
6. First bank to introduce Cheque system in India---Bengal bank
7. First bank to introduce Internet banking in India---ICICI bank
   
8. First bank to introduce Mutual Funds in India---State bank of India.
9. First bank to introduce credit bank---Central bank of India.
10. First foreign bank in India---Comptoire d' Escompte de paris of France in 1860.

DAILY CURRENT AFFAIRS-SEPT 27TH

1.Vodafone India has announced its offer of 9 GB additional data for subscribers to the 1 GB data plan.This comes after new player Reliance Jio started offering voice free calls and data till December 31st.

2.In an unprecedented move,Centre sacked Sushil Muhnot,CMD of Bank of Maharashtra,4 days short of his retirement and appointed Ravindra Marathe as the New CMD.

3.Finance ministry has settled in February 1st as the new date for the presentation of the union budget.The decision to be placed before the cabinet for final approval.The cabinet has last week merged Railway budget with General budget.

4.Anil kawatra is among the 17 people selected for the inaugural class of UN young leaders for sustainable development goals.He runs Feeding India,An NGO that collects food that remains unused after wedding ceremonies and distributes for the people who are in need.

IMPORTANT BANKING ABBREVATIONS

1.NBFC-Non Banking Finance Company


2.LTV-Loan to Value 
3.IPO-Initial public offering

4.TDS-Tax Deducted at source

5.FEMA-Foreign exchange Management Act 

6.NAV-Net Asset value

7.FRBM-Fiscal Responsibitity & Budget Management 

8.ARC- Asset Reconstruction Company 

9.UFCE-Unhedged Foreign Currency Exposure Clatifications

10.FSDC-Financial Stability and Development Council

11.CRA -Contigency Reserve Agreement

12.NOF-Net Owned Fund

13. FDI-Foreign Direct Investment

14.FII-Foreign Initial Investment

15.FIPB-Foreign Investment Promotion Board.



16.PDA-Personal Digital Assistant

17.ABA-American Bankers Association

18.FRBS-Federal Reserve Banking Systems

19.EBT- Electronic Benefit Transfer

20.PDMA-Public Debt Management Agency

21.FSAT-Financial sector Appelate Tribunal

22.FDMC-Financial Data Management Centre.

23.CAS- Credit Authorization Scheme

24.CAD-Current Account Deficit

25.RC- Resolution Corporation

26.SWIFT-Society for World Wide Interbank Financial Telecom

27.IFSC-Indian Financial System Code.

28.LIBOR-London Interbank Offered Rate.

29.MIBOR-Mumbai Interbank Offered Rate.

30.NPA-Non Performing Asset

QUESTIONS ASKED IN BANK OF BARODA PGDBF EXAM - FIRST SHIFT

1. RBI governor Urjit patel is the 24th governor of RBI
2. Kawal wild life sanctuary-Telengana
3. Which bank launched Mingle App-SBI
4. Committee on border security-Madhukar Gupta
5. Indian residential status for companies for how many years-10 years
6. First bank to Issue green bonds-Axis bank
7. How many Indian countries are listed in fortune 500 -Seven
8. Which bank doesn't Merge with SBI-State bank of Saurashtra
9. Inflation target-4%
10. CRR-4%
11. Who won bronze medal at Rio olympics in wrestling-Sakshi malik
12. Head of NDB-KV kamath
13. Maximum amount in BSBDA account-1 lakh
14. How many banks can open UPI app-21
15. Reliance Payment bank's share with SBI-Reliance(70),SBI(30)
16. Islamic bank open bank in which state-Ahmedabad
17. NDB first set of loans to-Pakistan,Bangladesh,Indonesia,Tajikistan
18. Which prime minister resigned after proved corrupted in Panama Papers-Iceland.
19. Monaco Grand Prix winner-Lewis Hamilton
20. RBI's portal for unscrupulous flow of funds-Sachet
    

REASONING PUZZLES:MEDIUM LEVEL

Representative from eight different Banks viz. A, B, C, D, E, F, G and H are sitting at a circular table facing the centre but not necessarily in the same order. Each one of them is from a different Bank viz. UCO Bank, Oriental Bank of Commerce, Bank of Maharashtra, Canara Bank, Syndicate Bank, Punjab National Bank, Bank of India and Dena Bank.          

1.F is sitting second to the right of the representative from Canara Bank. Representative from Bank of India is an immediate neighbour of the representative from Canara Bank

2.Two people are sitting between the representative of Bank of India and B. C and E are immediate neighbours of each other. 

3.Neither C nor E is an immediate neighbour of either B or the representative from Canara Bank. 

4.Representative from Bank of Maharashtra is sitting second to the right of D. D is neither the representative of Canara Bank nor Bank of India. 

REASONING: PUZZLES MEDIUM LEVEL

K, L, M, N, O, P, Q and R live on eight different floors of a building but not necessarily in the same order. The lowermost floor of the building is numbered one, the one above that is numbered two and so on till the topmost floor is numbered eight. Each of them also likes a different superhero, namely Batman, Superman, Captain America, Thor, Hulk, Wolverine, Nova and Ironman, but not necessarily in the same order.  

1. The one who likes Thor lives on an even-numbered floor. Only three people live between the one who likes Thor and M

2. Only two people live between M and N. N does not live on the lowermost floor. Only three people live between N and one who likes Hulk.  

3. O lives immediately above K. O lives on an even-numbered floor. K does not like Hulk. K lives neither on the floor numbered three nor five.  

4. Only two people live between K and the one who likes Nova.  

5. Only one person lives between the one who likes Nova and Iron man. The one who likes Iron man lives below the one who likes Nova.  

6. L lives immediately above Q. Only one person lives between Q and the one who likes Captain America.  

7. The one who likes Wolverine lives immediately above the one who likes Batman.  

8. P does not like Thor. K does not like superman. 

Make try solution....solution will be provided soon....

FLOORS
1-P-HULK
2-M-IRON MAN
3-Q-SUPER MAN
4-L-NOVA
5-N-CAPTAIN AMERICA
6-R-THOR
7-K-BAT MAN
8-0-WOLVERINE

REASONING:PUZZLES MEDIUM LEVEL

A, B, C, D, E, F, G and H eight family members are sitting around a circular table, not necessarily in the same order. Four of them are facing inside and others are facing outside. They like different Colors viz – Red, Blue, Green, Yellow, Violet, White, Brown and Gray, but not necessarily in the same order. 

1.F faces the Center and sits third to the right of C. D likes Green color and faces the person who likes White color. 

2.G sits third to the right of B who likes Red color. 

3.The persons who like Yellow and Violet are facing to the same direction (inside or outside). 

4.E is sitting between the person who like Green and the one who likes Gray respectively. A likes Violet and C likes Blue. 

5.The person who likes Brown is facing outward and is an immediate neighbor of the person who likes Gray. H is immediate neighbor of the persons who likes Violet and Brown. E is immediate left of D 



Solution:Circle Arrangement:Clockwise A(O)B(I)C(O)D(I)E(O)F(I)G(O)H(I)
Colour arrangment:Clockwise starting with A Violet,Red,Blue,Green,Yellow,Gray,Brown,White

REASONING:PUZZLES EASY LEVEL

Seven persons Das, Deepak, Tripathi, Santhosh, Mahendra, Johny, Mishra live on a different floors of a seven – storey building, The ground floor is named as 1st floor, the 1st floor is named as the 2nd floor and so on but not necessarily in the same order. The following information is known about them.

1.Neither Deepak nor Santhosh lives on an even numbered floor. 

2.Mahendra and Johny lives on odd numbered floors but it is neither the top most nor the bottom. 

3.Either Das or Mishra lives on the 4th floor. Tripathi lives in 6th floor. Either Mahendra or Deepak lives on 3rd floor. 

4.Mishra lives on either 2nd or on the 7th floor. 

Make a try ......solution will be provided soon....

1-Deepak
2-Mishra
3-Mahendra
4-Das
5-Johny
6-Tripathi
7-Santhosh

BANK OF BARODA MANIPAL ADMIT CARDS OUT...

Bank of Baroda has released Admit cards for recruitment in Post Graduation Diploma in Banking and Finance.

Click here to download Admit card

Click here to download information handout 

REASONING:PUZZLES MEDIUM LEVEL

 Eight Persons – A, B, C,D, E, F, G and H – belong to the same family and sit around a circular table facing the center (not necessarily in the same order). Each person is related to H in some or the other way. There are two couples and no widow or widower in the family. Each couple has at least two children. The following information is known about them.

(1) H sits to the immediate right of her daughter and third to the right of G, who is the daughter of F.

(2) H sits opposite her brother who sits second to the left of his brother–in–law.

(3) H's son D sits opposite his father and to the immediate left of his grandfather.

(4) F is the mother–in–law of H and sits second to the left of her husband.

(5) B is the father of C and belongs to the first generation. E is not a female. 

Make a try easy one...Answer will be provided soon....


Sitting arrangement-Clock wise-ACGEBDFH

Family relations-F and B are the parents of GC,C and H are Husband and wife,G And C are the brothers and sisters H and E are the Sisters and brothers
A is the daughter of H and A is the sister of D.

REASONING: PUZZLES HIGH LEVEL

Eight friends A, B, C, D, E, G, H and J live on eight different floors of a building but not necessarily in the same order. The lowermost floor of the building is numbered 1 and the topmost floor of the building is numbered 8. The DOB of each of the persons falls in different months i.e. March, April, May, June, July, August, September and October, but not necessarily in the same order. All persons like different types of fruits i.e. Guava, Apple, Grapes, Mango, Banana, Pineapple, Litchi and Orange but not necessarily in the same order.

1.The one whose DOB is in August does not live on an odd-numbered floor and does not like Apple & Litchi. 

2.J lives just below the one whose  DOB is in October. The one who lives on Third floor likes Guava. 

3.The one whose DOB is in April lives on an even-numbered floor but not on the topmost floor and likes either Orange or Pineapple. Only one person lives between G and the one whose DOB is in July.