MICA-JUNE-ENGLISH.Pdf
Total Page:16
File Type:pdf, Size:1020Kb
VOL - 12 ISSUE - 06 Editor CONTENTS SUCCESS SAGA 5 N.K. Jain SBI FEVER 6-7 Associate Editor IBPS LIVE 8-9 Neeraj Gaur SPOTLIGHT 10 Advisors THE PEOPLE 11-18 Neeraj Chabra NEWS BYTES 20-74 K.C.Gupta PANAMA PAPERS 76 Registered Office SUGAMYA BHARAT ABHIYAAN 77 Mahendra Publication Pvt. Ltd. PRESIDENT RULE IN UTTARAKHAND 78 103, Pragatideep Building, NATIONAL AWARDS 2016 79 Plot No. 08, Laxminagar, WORLD HAPPINESS INDEX 2016 80 District Centre, New Delhi - 110092 AGGRESSION NOT ON RATE CUTS, BUT TIN-07136921593 ON TRANSMISSION: MR. R. RAJAN 81-82 w.e.f. 10-04-2014 GENERAL AWARENESS Que TM 84-90 Branch Office SBI CLERK PRE ST 91-107 Mahendra Publication Pvt. Ltd. GRAPHIC FACTORY 108-113 E-42,43,44, Sector-7, Noida (U.P.) WHO’S WHO 114 For queries regarding promotion, distribution & advertisement, contact:- [email protected] SUGAMYA BHARAT PANAMA PAPERS Ph.: +91 9554491712 ABHIYAAN Owned, printed & published by N.K. Jain 103, Pragatideep Building, Plot No. 08, Laxminagar, District Centre, New Delhi - 110092 Please send your suggestions and grievances to:- PRESIDENT RULE IN NATIONAL AWARDS Mahendra Publication Pvt. Ltd. UTTARAKHAND 2016 CP-9, Vijayant Khand, Gomti Nagar Lucknow - 226010 E-mail:[email protected] © Copyright Reserved # No part of this issue can be printed in whole or in part without the written permission of the publishers. # All the disputes are subject to Delhi jurisdiction only. WORLD HAPPINESS THE RAGHURAM RAJAN INDEX 2016 INTERVIEW Mahendra Publication G.K. DIGI PAGE ON Page No. Pvt. Ltd. 57 & 60 EDITORIAL “ I AM RAGHURAM RAJAN I DO WHAT I DO“ RAGHURAM RAJAN Dear Aspirants, This month saw the issuance of the 1st Bi-monthly Monetary Policy review that was “Intriguing” as well as “path-breaking” in its own little way. Monetary Policy as we all know is the method of balancing the monetary supply and stability of an economy done by the Central Bank of a Country (Reserve Bank of India ). History of the Monetary Policy in India Monetary policy is the process by which the monetary authority of a country, generally the central bank controls the supply of money in the economy, by exercising its control over interest rates and other instruments, in order to maintain price stability and achieve high economic growth. In India, the central monetary authority is the RBI, who maintains price stability in the economy. The RBI or the central bank of India was established in 1935. The RBI formulates and implements the government’s monetary policy, issues bank notes and coins, manages the country’s international payments and its foreign-exchange market, acts as an investment bank for the central and state governments, and maintains the accounts of, and extends credit to, commercial banks. A central board of directors headed by a governor oversees the bank. In addition, four local boards, headquartered in Mumbai, Kolkata, Chennai, and New Delhi, advise the central board on regional issues and represent the interests of regional banks. All members of the central and local boards are appointed by the government for terms of four years. The first Governor of the central bank was Sir Osborne Smith, appointed by the British. He was succeeded by another British and Indian Civil Services officer, Sir James Braid Taylor in 1937, after which C D Deshmukh took over. Much like this Review, Every Aspirant shall keep a close look on his/her nature/ behaviour and goals thereby adjusting, managing and excelling in his/her life. We wish you the Best of Luck and Keep up the Hard Work. “YOUR SUCCESS IS OUR SUCCESS” With Best Wishes Mahendra Publication Pvt. Ltd. SUCCESS SAGA LAXMI PERSONAL DETAILS MICA : How do you take “Master in Current Affairs Name : Laxmi Magazine”, and “Mahendra Guru” Website? Father’s Name : Mr. Radhey Lal Laxmi : MICA and Mahendra guru website are specially for banking aspirants and highly student oriented site. Mother’s Name : Mrs. Kamla Devi MICA : What is the best thing about your coaching Education : B.Tech in Computer Science institute, according to you? Hobbies : Technical Book Reading Laxmi : The best thing about my institute is that it Final Selection : SBI SO IT is highly student oriented and visionary. Its Roll No. of Qualified Exam : 2602090073 SPEED TEST is marvellous and so is its DIGI PAGES, VIDEO DIGI PAGES AND ONLINE Roll No. of Mahendra Institute : MAP1050812798 DISCUSSIONS. MICA : Mahendras family expresses its heartiest MICA : What is the role of “Time Management” in one’s congratulations on your success as SO-IT in SBI. success? MICA : To whom do you want to give the credit of your Laxmi : Without Time Management, One’s can never be selection? succeed, so make it in habbit. Laxmi : I would express my thanks to God, my family MICA : How did you prepare for the Interview? members and a Mahendras faculty members. MICA : After how many attempts did you succeed in Laxmi : I attended MAHENDRAS PD & INTERVIEW examination? CLASSES were I was trained by highly experience board members having expertise in Laxmi : More than 2 attempts with respect to SBI. banking sector. MICA : Did you take help of any institute and if yes, MICA : Tell us about the Interview Board and the what is the role of that institute in your selection? questions asked? Laxmi : Yes I joined Mahendra Institute. An institute Laxmi : Through internet of course, I nearly cried.... I with highly qualified and experience faculty have done it... i have proved my worth…. members guide us towards perfection. This helps us to channelize our efforts efficiently in The questions asked were: the right direction. (I) Object cloning ? MICA : How did you prepare for the written (II) Java virtual environment ? examination? (III) Operations, loops? Why Java does not follow Laxmi : I had devoted myself to the guidance of Mahendra operator overloaded Faculty Members, Study Material, Mahendra Guru Website, Smart Class, Speed Test and (IV) Garbage collection ? Problem Solving Sessions. The best part is it was (V) Protocols, what is the difference between present both in offline and online mode. hacking and cracking? Quantitative Aptitude: MICA : By whom did you get information of your Mahendras study material selection and what was your reaction? Reasoning Ability: Laxmi : From mahendraguru.com, I was extreamly Mahendras study material exited and eager to know my result. English: MICA : What message do you want to convey to other Mahendras study material aspirants? General Awareness: Laxmi : Always have faith in God, family, your faculty and always trust yourself. Mahendras study material MICA : Congratulations once again on your success... Computer & Marketing Your success is our success. B.Tech books like DBMS, Networking, (Frozen). Java (Black Book) also Mahendra study material Laxmi : Thank You Mahendra for guiding me to Success. Get Free Study Material On - www.mahendraguru.com JUNE/2016/MASTER IN CURRENT AFFAIRS #Mahendra’s 5 SBI FEVER ONE LINERS # Headquarters of Employees’ Provident Fund # What is the difference (in basis points) between Organisation (EPFO) located at ________ Reverse Repo Rate & Marginal Standing Facility New Delhi Rate as per latest RBI Monetary Policy? # “National Institute of Bank Management” (NIBM) 100 basis points / 1% (as of 5th April, 2016) located at ________ # Account maintained by Foreign Bank with Indian Pune (Maharashtra) Bank in India is called as ________ Vostro Account # Which organisation maintains the “Rural Infrastructure Development Fund” (RIDF)? # “Super Senior Citizens” (age 80years above) are National Bank for Agriculture & Rural exempted from Income Tax up to the limit of Development (NABARD) _______ ? ` 5 lakh # Who formulates the “Fiscal Policy” in India? # What is the full form of “MICR”? Ministry of Finance Magnetic Ink Character Recognition # SDR is also known as the Paper Gold. “SDR” stands # What is the “Bank Rate” at present? for ________ 7.00% (as of 5th April 2016) Special Drawing Rights # IFSC code needed in _______ transactions. # The Indian Rupee ` Symbol officially adopted in NEFT & RTGS which year? # Headquarters of “Indian Bank” situated in ______ 2010 Chennai (Tamil Nadu) # A Bank included in 2nd Schedule of __________ is # “EPS” stands for ________ called as Scheduled Commercial Bank (SCB). Earnings per Share Reserve Bank of India Act 1934 # “Together We Can” is the tagline of which public # Under the provision of which Act, KYC [Know Your sector bank? Customer] Guidelines have been issued by RBI? Canara Bank (Bangalore) Banking Regulation Act 1949 & rule 7 of # What is the Foreign Direct Investment (FDI) limit in prevention of Money Laundering Rules 2005 “Multi Brand Retail”? # The maturity period of commercial paper ranges 51% between minimum of ________ days & maximum # Pre-Shipment & Post-Shipment finance related with of _________ year(s) from the date of issue. _________ Minimum 7 days & Maximum upto 1 year Export Finance / Trade Finance # “GAAR” (General Anti Avoidance Rules) provisions # Who is the President of New Development Bank to come into effect from _________ (NDB)? April 1st, 2017 Shri. K V Kamath (5 years) He served as # “Dow Jones” is a stock market index of which Chairman of Infosys & ICICI Bank country? # New Development Bank was established with the US Authorised Capital of ____ $ 100 Billion & Subscribed Capital $ 50 Billion # Who publish “World Economic Outlook” report biannually? # What is the fee amount required to file a complaint to International Monetary Fund (IMF) Banking Ombudsman? No fee required # The book “Fault Lines: How hidden fractures still threaten the World economy” authored by _____ # Commercial Paper is a short term money market Dr. Raghuram Govind Rajan (23rd Governor of instrument issued as an unsecured promissory note. RBI) It can be issued by __________ # What is the name of Stock Market Index of “Tokyo Corporate Companies, Primary Dealers Stock Exchange” (Japan)? (PD’s) & All India Financial Institutions Nikkei 225 # Commercial Papers (CP) are issued in the # Another major index for Tokyo Stock Exchange is the denominations of ___________ “Topix”.