General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Part 1: General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 The Most Important Current Affairs for IBPS RRB PO|CLERK Mains 2018 ...... 2 US Open 2018 Concludes: Complete List Of Winners ...... 2 Asian Games 2018 Concludes | Complete List of Medals | Important Highlights ...... 2 List of GOLD MEDALS Won by India: ...... 2 List of SILVER MEDALS Won by India: ...... 3 List of BRONZE MEDALS Won by India: ...... 3 Winners of mathematics‘ prestigious Fields medal, known as the Nobel prize for math...... 5 Topic 1: BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS ...... 8 Topic 2: ECONOMY/FINANCIAL CURRENT AFFAIRS ...... 10 Topic 3: BUSINESS NEWS (NATIONAL & INTERNATIONAL)...... 11 Topic 4: Agreements/MOU Signed ...... 12 Topic 5: New Appointments: National ...... 14 Topic 6: New Appointments: International ...... 15 Topic 7: Awards Given in Different Fields ...... 15 Topic 8: Summits/ Festivals held in India & World ...... 17 Topic 9: Committees Formed Recently ...... 20 Topic 10: National Current Affairs ...... 21 Topic 11: Current Affairs Related to States In India ...... 23 Static Points related to the States in India CM/Governors/Wildlife Santuaries/National Parks / Power Plants in India ...... 24 Topic 12: International Current Affairs ...... 28 Topic 13: OBITUARIES (NATIONAL/INTERNATIONAL) ...... 30 Topic 14: LIST/INDEXES ANNOUNCED RECENTLY ...... 30 Static Points: Index/Reports released by different Organisations ...... 32 Topic 15: IMPORTANT DAYS OBSERVED RECENTLY ...... 33 Topic 16: BOOKS & AUTHORS ...... 33 Topic 17: DEFENCE CURRENT AFFAIRS ...... 34 Topic 18: SPORTS CURRENT AFFAIRS ...... 35 Topic 19: Bills passed/proposed in the Parliament ...... 39 Topic 20: SCIENCE & TECHNOLOGY (NASA, ISRO & OTHERS) ...... 40 Topic 21: POWER PLANTS ESTABLISHED ...... 41 Topic 22: SCHEMES ...... 41 Topic 23: MISCELLANEOUS TOPICS ...... 44 Topic 24: Static Take Aways from the Current Affairs of September|August|July|June 2018 ...... 46 International Organizations/Companies in News ...... 46 States| CMs| Governors| Capital| Static General Awareness ...... 47 Static Facts related to the Ministers ...... 47 Static Facts related to the Organizations ...... 48 Static Facts related to the Banks & Businesses ...... 48 Other Miscellaneous Static Facts...... 49 Countries| Capital| Currencies | ...... 50
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 The Most Important Current Affairs for IBPS RRB PO|CLERK Mains 2018
US Open 2018 Concludes: Complete List Of Winners The 2018 US Open was the 138th edition of tennis' US Open and the fourth and final Grand Slam event of the year. This was the last Grand Slam to have 32 seeds with the format reverting to 16 seeds from the start of the 2019 season. Novak Djokovic of Serbia won in Men's category after defeating Juan Martin del Potro. Naomi Osaka of Japan has defeated Serena Williams to win the US Open title. Category Winner Runner Up Men's Singles Novak Djokovic (Serbia) Juan Martin del Potro (Argentina) Women's Singles Naomi Osaka (Japan) Serena Williams (USA) Men‘s Doubles Mike Bryan (USA) and Jack Sock (USA) Łukasz Kubot (Poland) & Marcelo Melo (Brazil) Women's Doubles Ashleigh Barty (Australia) and CoCo Timea Babos (Hungary) and Kristina Vandeweghe (United States) Mladenovic (France) Mixed Doubles Bethanie Mattek-Sands (United States) Alicja Rosolska (Poland) and Nikola Mektic Jamie Murray (United Kingdom) (Croatia) Asian Games 2018 Concludes | Complete List of Medals M. R. Poovamma, Saritaben | Important Highlights Gaikwad, Hima Das, V.K. India‘s final tally at the 18th Asian Games in Jakarta 7. Women's 4x400m Relay Vismaya and Palembang, Indonesia read 69 medals – 15 gold, 24 BOXING silver and 30 bronze to surpass the medal count from 8. Men's Light Fly (49kg) Amit Panghal 2010 Games in Guangzhou, China and match the gold BRIDGE medal tally from the first-ever Asian Games in 1951. Pranab Bardhan, Shibhnath The games saw India create new national records. The 9. Men's Pair Sarkar Games got underway with Neeraj Chopra as the flag ROWING bearer at the opening ceremony. Rani Rampal was the Sawarn Singh, Dattu Baban flag bearer at the closing ceremony. Bhokanal, Om Prakash,
10. Men's Quadruple Sculls Sukhmeet Singh 1st In 18th Asian Games 2018: SHOOTING 1st medal in Sepak Takraw, Rahi Sarnobat became 1st 11. Men's 10-metre air pistol Saurabh Chaudhary Indian woman to win Asian Games gold in shooting, Vinesh Phogat became 1st Indian woman to win gold in 12. Women's 25-metre pistol Rahi Sarnobat wrestling TENNIS It was the 1st time that Indian Kabaddi Team could not Rohan Bopanna, Divij win Gold. 13. Men's Doubles Sharan Swapna Barman became 1st Indian to win an Asiad WRESTLING gold in the women's heptathlon event. 14. Men's freestyle 65 kg Bajrang Punia Neeraj Chopra became 1st Indian javelin thrower to 15. Women's freestyle 50 kg Vinesh Phogat win an Asiad gold. Dutee Chand Won India‘s first medal in 20 years in a women's 100 event. Bajrang Punia (Wrestling) won 1st Gold Medal for India in Asian Games 2018.
List of GOLD MEDALS Won by India: ATHLETICS Event Winners 1. Men's Shot put Tajinderpal Singh Toor 2. Men's Javelin Throw Neeraj Chopra 3. Men's 800m Manjit Singh 4. Men's Triple Jump Arpinder Singh 5. Women's Heptathlon Swapna Barman 6. Men's 1500m Jinson Johnson
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 List of SILVER MEDALS Won by India: List of BRONZE MEDALS Won by India: ARCHERY Sl. Event Winners No. Event Winners Muskan Kirar, Madhumita ATHLETICS Women's Team Kumari, Jyothi Surekha Women's 1500 1. Compound Vennam 1. m PU Chitra Men's Team Abhishek Verma, Rajat Women's 2. Compound Chauhan, Aman Saini 2. Discus Throw Seema Punia ATHLETICS BADMINTON 3. Men's 800m Jinson Johnson 3. Women's Singles Saina Nehwal 4. Women's 400m Hima Das BOXING 5. Men's 400m Muhammad Anas Men's Middle 6. Women's 100m Dutee Chand 4. (75kg) Vikas Krishan Yadav 7. Women's 200m Dutee Chand BRIDGE 8. Men's 400m Hurdles Dharun Ayyasamy Sumit Mukherjee, Debabrata Women's 3000m Majumder, Jaggy Shivdasani, 9. Steeplechase Sudha Singh Rajeshwar Tewari, Ajay Khare, 10. Women's Long jump Neena Varakil 5. Men's Team Raju Tolani Rajiv Arokia, Muhammed Bachiraju Satyanarayana, Rajeev Mixed 4 x 400 metres Anas, Hima Das, M. R. Khandelwal, Gopinath Manna, 11. relay Poovamma Himani Khandelwal, Hema Dharun Ayyasamy, Kunhu 6. Mixed Team Deora, Kiran Nadar Mohammed, Rajiv Arokia, HOCKEY 12. Men's 4x400m Relay Muhammed Anas 7. Men's Tournament Indian Men's Team BADMINTON KABADDI 13. Women's Singles PV Sindhu 8. Men's Tournament Indian Men's Team EQUESTRIAN KURASH 14. Individual Eventing Fouaad Mirza 9. Women's 52kg Malaprabha Jadhav Fouaad Mirza, Rakesh Kumar, ROWING 15. Team Eventing Ashish Malik, Jitender Singh Men's Lightweight HOCKEY 10. single sculls Dushyant Chauhan Women's Men's Lightweight 16. Tournament Indian Women's Team 11. double sculls Rohit Kumar, Bhagwan Singh KABADDI SAILING Women's Varun Thakkar, Ganapathy 17. Tournament Indian Women's Team 12. 49er Men Chengappa KURASH Mixed Open Laser 18. Women's 52 kg Pincky Balhara 13. 4.7 Harshita Tomar SAILING SEPAK TAKRAW Shweta Shervegar, Varsha 14. Men's Team Regu Indian Men's Team 19. 49er FX women Gautham SHOOTING SHOOTING 10-metre air rifle Men's 10-metre air 15. mixed team Ravi Kumar, Apurvi Chandela 20. rifle Deepak Kumar Men's 10-metre air 21. Men's trap Lakshay Sheoran 16. pistol Abhishek Verma Men's 50-metre rifle Women's 10-metre 22. three positions Sanjeev Rajput 17. air pistol Heena Sidhu 23. Men's double trap Shardul Vihan SQUASH SQUASH 18. Men's singles Saurav Ghosal Dipika Pallikal Karthik, Joshna 19. Women's singles Joshna Chinappa Chinappa, Tanvi Khanna, 20. Women's singles Dipika Pallikal Karthik 24. Women's Team Sunayna Kuruvilla 21. Men's Team Saurav Ghosal, Harinder Pal 3 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Sandhu, Ramit Tandon, Mahesh importance of trade & investment as one of the major Mangaonkar contributing factors for fostering economic & social TABLE TENNIS development in the region. Sathiyan Gnanasekaran, Achanta Sri Lanka has become the new chair of the BIMSTEC. Sharath Kamal, Anthony Amalraj, Harmeet India & the US held the 1st Edition of the two-plus-two 22. Men's Team Desai, Manav Thakkar talks Achanta Sharath Kamal, Manika India & the US held the first edition of the two-plus- 23. Mixed doubles Batra two talks in New Delhi. It aimed at further TENNIS strengthening bilateral defence & security collaboration 24. Women's Singles Ankita Raina - as well as boosting their global strategic partnership, particularly in the Indo-Pacific region. 25. Men's Singles Prajnesh Gunneswaran External Affairs Minister Sushma Swaraj & Defence WRESTLING Minister Nirmala Sitharaman held talks with US Women's freestyle Secretary of State Michael R Pompeo & Defence 26. 68 kg Divya Kakran Secretary James Mattis. WUSHU As per US Secretary of State Michael R Pompeo, both Women's Sanda 60 sides should continue to ensure freedom of the seas & 27. kg (Bronze) Roshibina Naorem work towards peaceful resolutions of territorial & 28. Men's Sanda 56 kg Santhosh Kumar maritime disputes, seen as an oblique reference to 29. Men's Sanda 60 kg Surya Bhanu Pratap Singh China‘s expansionist behaviour in the South China Sea. 30. Men's Sanda 65 kg Narender Grewal Important issues like US sanctions on import of Iranian crude oil & India‘s plan to buy a batch of S-400 air Top 3 Countries in the MEDAL TALLY along with India defence missile systems from Russia were discussed. are as follows: Rank Country Gold Silver Bronze Total New Governors Appointed for 7 States 1 China 132 92 65 289 President Ram Nath Kovind appointed governors for 2 Japan 75 56 74 205 seven states Bihar, Haryana, Uttarakhand, Jammu & Republic of Kashmir, Sikkim, Meghalaya, & Tripura. The newly 3 Korea 49 58 70 177 appointed Governors of 7 states are as follows- 8 India 15 24 30 69 1. Satya Pal Malik - Jammu & Kashmir (Replaced NN Vohra) IPPB Launched by PM Modi 2. Tathagata Roy - Meghalaya (Replaced Ganga Prasad) PM Modi launched a payments bank of the Department 3. Lalji Tandon - Bihar (Replaced Satya Pal Malik) of Posts that will take banking to the doorstep of every 4. Ganga Prasad - Sikkim (Replaced Shriniwas Patil) citizen through an unmatched network of post offices & 5. Kaptan Singh Solanki -Tripura (Replaced Tathagata almost 3 lakh postmen & ‗Grameen Dak Sewaks‘. Roy) It will carry out most banking operations like accepting 6. Satyadev Narayan Arya - Haryana (Replaced Kaptan deposits but won‘t advance loans or issue credit cards. Singh Solanki) It will accept deposits of up to Rs 1 lakh, offer 7. Baby Rani Maurya - Uttarakhand (Replaced K K Paul). remittance services, mobile payments/transfers/purchases & other banking Independence Day Gallantry Awards Announced: services like ATM/debit cards, net banking & third- Complete List of Winners party fund transfers. It would be available through 650 On the occasion of 72nd Independence Day, President branches & 3,250 access points. Ram Nath Kovind approved 131 Gallantry Awards to members of Armed Forces personnel & Paramilitary 4th BIMSTEC Summit concluded Forces. 4th BIMSTEC Summit concluded in Kathmandu. Nepal Defence Ministry said that one Kirti Chakra, three Bar PM K.P. Sharma Oli presented draft Kathmandu to Sena Medals (Gallantry), three Vayu Sena Medals declaration which was unanimously adopted by the all (Gallantry), 11 Nao Sena Medals (Gallantry), 20 member states. Shaurya Chakras & 93 Sena Medals (Gallantry) will be The Kathmandu Declaration has underlined the awarded. importance of multidimensional connectivity as a key Braveheart hailing from Jammu & Kashmir, Sepoy enabler to economic integration for the shared Vrahma Pal Singh has been shortlisted for the Kirti prosperity of the region. It also highlighted the Chakra award posthumously. 4 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Major Aditya Kumar's name has been mentioned on country proud as their names figured in the list of 2018 the list of 20 armed forces personnel for the Shaurya Ramon Magsaysay Award winners. Chakra award. Rifleman Aurangzeb will also be The Complete list of winners of the Ramon Magsaysay conferred with the third highest gallantry award. Award 2018: Six women officers of the Indian Navy will be awarded Winner Country Nao Sena medals. They were part of the expedition to Bharat Vatwani India circumnavigate the globe. Following gallantry awards Sonam Wangchuk India have been conferred to Army personnel: Youk Chhang Cambodia Award No‘s Remarks Maria de Lourdes Martins Cruz East Timor Kirti Chakra 01 Posthumous Howard Dee Philippines Shaurya Chakra 14 Including 02 Vo Thi Hoang Yen Vietnam posthumous Note: Established in 1957, the Ramon Magsaysay Award is Sena Medal 96 Including 08 Asia‘s highest honour. (Gallantry) posthumous Mention-in- 27 Including 04 All about the Vietnam Badminton Open 2018 Despatches posthumous The 2018 Vietnam Open officially known as YONEX- SUNRISE Vietnam Open 2018, was held at Nguyen Du Winners of mathematics‘ prestigious Fields medal, Cultural Sports Club in Ho Chi Minh City, Vietnam. known as the Nobel prize for math. The tournament was organized by Hochiminh City Akshay Venkatesh, a renowned Indian-Australian Badminton Association. mathematician, is one of four winners of mathematics‘ The complete List of Winners of 2018 Vietnam Open: prestigious Fields medal, known as the Nobel prize for Event Winner Runner-up math. He has won the Fields Medal for his profound 1. Men‘s Shesar Hiren Ajay Jayaram (India) contributions to an exceptionally broad range of Singles Rhustavito subjects in mathematics. The other three winners are: (Indonesia) Caucher Birkar, Germany‘s Peter Scholze & Alessio 2. Women‘s Yeo Jia Min Han Yue (China) Figalli, an Italian mathematician at ETH Zurich. Singles (Singapore) World Badminton Championships 2018 Concluded All India Football Federation Awards 2017 Announced: 1. The 2018 BWF World Championships is a badminton Complete List of Winners tournament which was held at Nanjing Youth Olympic The All India Football Federation (AIFF), the governing Games Sports Park Arena in Nanjing, China. body of football in India named India & Bengaluru FC 2. Ace Indian shuttler P V Sindhu won the silver medal in Captain Sunil Chhetri as the AIFF Player of the Year in a major tournament final as she went down tamely the Federation's Executive Committee Meeting in to Carolina Marin in the World Championships‘ Mumbai. Kamala Devi bagged the 2017 AIFF Woman women‘s singles title. Player of the Year. 3. In men‘s singles, Kento Momota of Japan won the Award For Winner title over Shi Yuqi. With this victory, Kento Momota Player of the Year Sunil Chhetri became the first Japanese man to win the Woman Player of the Year Kamala Devi Championships. Best Referee CR Srikrishna 4. The second silver meant Sindhu is the only Indian to Emerging Player of the Year Anirudh Thapa have four world championships podium finishes. She had won two bronze medals at the 2013 Guangzhou & Emerging Woman Footballer E Panthoi of the Year 2014 Copenhagen editions.
5. Marin became the first woman shuttler to win the Ramon Magsaysay Award Winners 2018 Announced world championships thrice. She had won the title in The Ramon Magsaysay Award is an annual award 2014 & the 2015 Jakarta edition.
established to perpetuate former Philippine President 6. The complete list of the winners of World Badminton Ramon Magsaysay's example of integrity in Championship 2018: governance, courageous service to the people, & S.No. Event Winner Runner-up pragmatic idealism within a democratic society. 1. Men's Kento Momota Shi Yuqi (China) Two Indians, Bharat Vatwani (for Restoring Health & Singles (Japan) Dignity to troubled lives) & Sonam Wangchuk (for 2. Women's Carolina Marin P. V. Sindhu Harnessing nature, culture & education) made the Singles (Spain) (India)
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Interest rates on small savings schemes 3. Best Actor in a Irrfan Khan (Hindi Finance Ministry kept the interest rates on small leading role (Male) Medium) savings schemes, including NSC & PPF, unchanged 6. Best Director Saket Chaudhary (Hindi for the July-September quarter. The Interest rates on Medium) different Small Savings schemes are as follows: 7. Best Debut Director Konkona Sensharma (A a) 5 yr Senior Citizen Savings Scheme (Paid Quarterly): Death in the Gunj) 8.3% 8. Outstanding Anupam Kher b) Savings Deposits: 4% Achievement by an c) Public Provident Fund (PPF): 7.6% Actor in Indian d) National Savings Certificate (NSC): 7.6% Cinema e) Kisan Vikas Patra (maturity in 11 months): 7.3% 9. Best Story Amit V Masurkar (Newton) f) Sukanya Samriddhi Account (SSA): 8.1% `10. Best Music Direction Amaal Mallik, Tanishk g) Term Deposit (1-5 years): 6.6-7.4% Bagchi, Akhil Sachdeva (Badrinath Ki Dulhania) And the IIFA goes to: IIFA Awards 2018 At the Indian International Film Awards (IIFA), late Know how the Trump-Kim Summit took place star Sridevi won Best Actress (posthumously) for The historical Trump-Kim summit meeting was MOM while Irrfan Khan was given the Best Actor the first of its kind between a sitting American Award for Hindi Medium. The award ceremony was president Donald Trump & a leader of North Korea held in Bangkok. Vidya Balan's Tumhari Sulu was Kim Jong-un. It‘s been a rather long journey of awarded the Best Film trophy. mistrust, war & skirmishes that finally culminated in Karan Johar & Riteish Deshmukh hosted the show. the historic summit in Singapore. The Trump-Kim meeting held at Singapore's Capella Hotel. US president Donald Trump & North Korean leader Kim Jong Unsigned a document pledging to work toward complete denuclearization of the Korean Peninsula in return for US providing security guarantees to the Democratic People‘s Republic of Korea (DPRK).
PM Modi 3-Nation Visit | Indonesia, Malaysia & Singapore| Complete Highlights PM Narendra Modi returned to New Delhi after concluding his significant & successful three-nation visit to Indonesia, Malaysia & Singapore. Here we have covered the complete highlights of the event (Country Wise). On the first leg of 3-Nation visit, PM Modi has visited Indonesia. India & Indonesia signed 15 MoUs in the fields of defence, scientific & technological cooperation, railways & health, among others. PM Modi had arrived in Singapore after a brief halt in Malaysia where he met his 92-year-old Malaysian counterpart Mahathir Mohamad to personally congratulate him on his stunning election victory & the two leaders had "productive discussions" on bolstering the bilateral strategic ties. PM Narendra Modi launched three Indian digital payment systems - RuPay, BHIM app & UPI by SBI at The Complete list of winners the 'Business, Innovation & Community Event' in Category Winners Singapore. With the launch, India's RuPay digital 1. Best Film Tumhari Sulu payments system was linked up with Singapore's 33- 2. Best Actor in a Sridevi (MOM) year old Network for Electronic Transfers (NETS). leading role (Female) PM Modi held wide-ranging talks with his Singaporean counterpart Lee Hsien Loong & delivered 6 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 a keynote address at the Shangri-La Dialogue - Asia's 1. MOU between India & Seychelles regarding Indian premier defence & strategic affairs conference. He is Grant Assistance for Implementation of Small the first Indian PM to address the Shangri-La Development Projects through Local Bodies, Dialogue. Educational & Vocational Institutions, PM Modi on his last day of three-day Singapore visit 2. Twinning Agreement on the Establishment of also went to the Changi Naval Base, the prime naval Friendship & Cooperation between the Corporation of base for the Republic of Singapore Navy. There the PM the City of Panaji (Municipal Corporation) & the City of visited the Indian Naval Ship INS Satpura. Victoria of the Republic of Seychelles, 3. MOU between the Indian Computer Emergency French Open 2018: Complete List Of Winners Response Team (CERT-in), Ministry of Electronics & Information Technology, India & the Department of The 2018 French Open (also known as Roland Information Communications Technology of Seychelles Garros) was a Grand Slam tennis tournament played on Cooperation in the area of Cyber Security, on outdoor clay courts. 4. Cultural Exchange Programme between India & It was the 122nd edition of the French Open & the Seychelles for the years 2018-2022, second Grand Slam event of 2018. It took place at the 5. Technical Agreement on Sharing White Shipping Stade Roland Garros in Paris, France. Information between the Indian Navy & the National Rafael Nadal was the defending champion in the Information Sharing & Coordination Center of Men's Singles & won his 11th French Open title. Seychelles, Simona Halep won her first Grand Slam title. 6. MOU between the Foreign Service Institute of the Ministry of External Affairs of India & the Department Complete List of Winners in Different Category (with of Foreign Affairs of Seychelles. their Respective Countries) Category Winner Runner Up Highlights of the President‘s Visit to Greece, Suriname Men's Singles Rafael Dominic Thiem & Cuba Nadal (Spain) (Austria) President Ram Nath Kovind reached Suriname capital Women's Simona Sloane Stephens Paramaribo on the second leg of his three-nation tour to Singles Halep (Rome) (USA) Greece, Suriname & Cuba. He was received at the Paramaribo airport by Suriname President Desire Virat Kohli Emerged as International Cricketer Of Year: Delano Bouterse. Mr Kovind was given a Guard of CEAT Ratings Honour. An MoU was signed, in the field of elections, Indian skipper Virat Kohli has emerged as diplomatic academies partnership, employment for the the International Cricketer of the Year at the CEAT spouse of diplomats of the two countries & archives. Cricket Ratings awards, which were presented in President Ram Nath Kovind observed the Yoga day in Mumbai. Batsman Rohit Sharma collected the award on Suriname along with his counterpart Desire Delano behalf of Kohli. The Other CEAT Bouterse. This will be the first time that heads of two Cricket Ratings awards which were presented: countries will together participate in the International International Batsman of the Year Award: Shikhar Yoga day. Dhawan (India). An MoU was signed in this regard, along with four International Bowler of the Year Award: Trent Boult others in the field of elections, diplomatic academies (New Zealand). partnership, employment for the spouse of diplomats T20 Bowler of the Year Award: Rashid Khan of the two countries & archives. The President also (Afghanistan). addressed the National Assembly of Suriname, thereby Outstanding Innings of the Year Award: Harmanpreet becoming the first foreign Head of State to address the Kaur (India). Assembly. Lifetime Achievement Award: Farokh Engineer (India). 44th G7 Summit Was Held in Canada The 44th G7 summit was held on June 8–9, 2018, in Seychelles President Danny Faure first bilateral visit to Quebec, Canada. This was the sixth time since 1981 that India. Canada has hosted the meetings. The 44th G7 summit Seychelles President Danny Faure is on his first bilateral was the first summit for Italian PM Giuseppe Conte. visit to India. He held the talks with PM Narendra Modi & Canadian PM Justin Trudeau has hosted this summit. reviewed the wide-ranging cooperation between the two The 45th G7 summit or next G7 summit will be held in countries, including in the fields of defence & security. The 2019 in France. list of MoUs signed between the 2 countries: 7 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 1: BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS
RBI in News demand draft, pay order, banker‘s cheques & other RBI asked all scheduled commercial banks with more instruments to prevent money laundering. than 10 branches to appoint an Internal Ombudsman RBI released the draft guidelines to modify the loan (IO).It excluded regional rural banks (RRBs) from system for delivery of bank credit, making the rules appointing IOs. stricter to regulate larger borrowers enjoying working RBI will transfer Rs. 50,000 crore of its surplus money capital facility from the banking system. It specifies a to the government, the highest since 2015-16, in a partial minimum level of loan component in fund based relief for the latter struggling to replenish public sector working capital finance & a mandatory Credit banks. Conversion Factor (CCF) for the undrawn portion of In 3rd Bi-monthly Policy Statement, RBI‘s monetary cash credit availed of by large borrowers. policy committee (MPC) raised policy rates by 25 basis RBI eased investment norms for Foreign Portfolio points to 6.5% on account of inflationary pressures Investors (FPIs) in debt, especially into individual large arising due to hike in minimum support price. MPC corporates, a move that can help attract more overseas increased the policy repo rate under the liquidity flows & thereby help arrest the recent fall in the rupee. adjustment facility (LAF) by 25 basis points to 6.5%. RBI increased the FPIs cap on investment in Consequently, the reverse repo rate under the LAF government security to 30% of the outstanding stock stands adjusted to 6.25%, & the marginal standing of that security, from 20%. facility (MSF) rate & the Bank Rate to 6.75%. RBI revised the upwards housing loan limits under Nearly two dozen Banks & Financial Institutions, PSL. Housing loans of up to Rs 35 lakh for residences including SBI & LIC, signed the inter-creditor costing less than Rs 45 lakh will now be treated as agreement (ICA) framework to speed up the resolution Priority Sector Lending (PSL) to give a boost to the of stressed assets which are under the 500-crore rupee low-cost segment. The housing loan limits for eligibility bracket. The framework is part of the Project SASHAKT. under PSL will be revised to Rs 35 lakh in The objective is to resolve stressed assets fast, & will metropolitan centres and to Rs 25 lakh in other centres. primarily focus on NPAs in the 50 crore to 500 crore Concerned over funds sent abroad under the bracket. ‗maintenance of close relative‘ category of the Sunil Mehta Committee, set up to look into the faster Liberalised Remittance Scheme (LRS), RBI has resolution of stressed assets, recommended the narrowed the definition of relatives to check the flow creation of an asset management company for the of funds. Hence, funds under the ‗maintenance of close resolution of stressed loans worth more than Rs. 500 relative‘ category can be sent only to immediate crores. It recommended a five-pronged strategy Project relatives such as parents, spouses, children & their 'SASHAKT' to deal with Non-Performing Assets in the spouses. country's banking system. The strategy includes: Public Sector Banks in News 1. SME resolution approach, SBI increased its benchmark lending rate or MCLR by 2. Bank-led resolution approach, 0.2% across all tenors up to three years. 3. AMC/AIF led resolution approach, SBI appointed Anshula Kant as Managing Director of 4. NCLT/IBC approach, & 5. Asset-trading platform. the Bank for 2 years. Now, SBI has four MDs - PK Mehta Committee also proposed a Bank Led Gupta, DK Khara & Arijit Basu. Resolution Approach (BLRA) for loans between Rs 50 Punjab National Bank (PNB) announced that the & Rs 500 crore. Under this approach, financial Department of Financial Services report has rated it as institutions will enter into an inter-creditor agreement number one state-owned bank in terms of digital to authorise the lead bank to implement a resolution transactions. plan in 180 days. SBI & NABARD joined hands to provide collateral-free Insolvency & Bankruptcy Board of India notified the credit through Joint Liability Groups (JLGs) in IBBI (Insolvency Resolution Process for Corporate Telangana. Persons) (Third Amendment) Regulations, 2018. IBBI In a major farmer outreach, Kisan Mela is being has mandated that a resolution professional should organised at SBI's rural & semi-urban branches across determine whether a corporate debtor indulged in the country to impart financial literacy to farmers. fraudulent transactions within a specified time period In a first-of-its-kind transaction, IRDAI approved a during the resolution process. proposal allowing Life Insurance Corporation (LIC) to RBI made it compulsory to incorporate purchaser‘s acquire a majority stake in the IDBI bank. Under the name on the face of payment instrumentalities like
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 proposal, LIC can raise its stake to 51%, injecting Rs. make payments, India Post Payments Bank (IPPB) has 10,000-13,000 crores. partnered with Financial Software and Systems (FSS). Ujjivan Small Finance Bank launched an overdraft Private Sector Banks in News (OD) facility for micro & small enterprise (MSE) Axis Bank announced that Amitabh Chaudhry has customers. OD facility is offered to all MSEs with a been appointed as its managing director & CEO from turnover of Rs 50 lakh or more. Interest rate is for one January 1, 2019, for a period of three years. Currently he year, with a credit limit between Rs. 11 lakh to a is the MD & CEO of HDFC Standard Life Insurance maximum of Rs 50 lakh, which can be renewed Company. annually. Axis bank become the first bank in the country to Oxigen & Fincare Small Finance Bank signed an introduce Iris Scan Authentication feature for Aadhaar agreement to roll out the Branchless Banking services, -based transactions through its micro ATM tablets. using Oxigen's flagship Point of Sale device called the PayPal, a digital payments platform announced its Oxigen Micro ATM Super PoS. strategic partnership with & HDFC Bank to offer safer, Airtel Payments Bank received requisite approvals faster & convenient payment experiences. from RBI to begin taking new customers. Also, Federal Bank received the regulatory nod to open Aadhaar-issuing authority UIDAI has allowed it to use offices in Bahrain, Kuwait & Singapore. the 12-digit unique identification number-based e-KYC. YES Bank announced that it has received final Jana Small Finance Bank announced the commercial regulatory approval from SEBI to start mutual fund launch of its banking operations, the last microfinance business. YES Asset Management (India), a wholly company to convert itself into a small finance bank owned subsidiary of YES Bank, will launch fund (SFB), 3 years after RBI gave its in-principle approval. offerings. ICICI Bank announced that its mortgage loan portfolio INTERNATIONAL BANKS in News crossed the Rs 1.5-trillion milestone, making it the Hongkong & Shanghai Banking Corporation (HSBC) largest private player in the segment, & the lender is launched a new digital platform 'MyDeal' to simplify targeting to grow it to Rs 2 trillion by FY20. capital raising process through capital markets. Dhanlaxmi Bank Limited has appointed T Latha as the Mauritius-based SBM Group received RBI‘s approval Managing Director & CEO. She has taken over from G to operate in the country through a wholly-owned Sreeram. subsidiary route. It is the first foreign lender to receive HDFC securities announced the launch of Mutual such a licence. Funds transactional capabilities on Facebook RBI licensed Bank of China to operate in India. It will Messenger through their virtual assistant, Arya. be the second Chinese bank to be operating in the As a step towards women empowerment, the state's country. UK‘s Standard Chartered has the highest, 100 first all-women branch of Jammu & Kashmir Bank branches in India as of now. was inaugurated. First Lady Usha Vohra e-inaugurated the first 'All-Women Branch of Jammu & Kashmir Other Financial Institutions in News Bank'. The chairman of JK Bank is Parvez Ahmad. NABARD sanctioned an amount of Rs 335 crore under ICICI Bank board has appointed ICICI Prudential Life the Rural Infrastructure Development Fund (RIDF) to Insurance CEO Sandeep Bakhshi as whole-time West Bengal. director & chief operating officer (COO), creating a NABARD All India Financial Inclusion Survey new top position at India‘s second largest private bank. (NAFIS), conducted by NABARD. It was released by RBL Bank raised its stake in Swadhaar Finserve Pvt. Dr. Rajiv Kumar, Vice Chairman, NITI Aayog. It Ltd to 100% from 60.48%. Swadhaar FinServe started revealed that farm households register higher income operations as NBFC in 2008. than the families solely dependent on non-farm Union Cabinet approved the proposal for grant of livelihood activities in rural areas. The survey, with permission to HDFC Bank to raise additional share reference year of 2015-16, which covered 40,327 rural capital of up to a maximum of 24,000 crore rupees. The households, highlighted that the average annual composite foreign shareholding in the Bank will not income of an agricultural household is Rs 1,07,172 exceed 74% of the enhanced paid-up equity share compared to Rs 87,228 for families engaged only in non- capital of the bank. agricultural activities. India Banking Conclave 2018 held in New Delhi. It was SMALL & PAYMENT BANKS IN NEWS organized by Centre for Economic Policy Research In a move aimed at creating a payments acceptance (CEPR). Knowledge Partner of the conclave was NITI network for unorganized retail including small Aayog. merchants and kirana stores where consumers can Exim Bank of India signed a multilateral cooperation agreement with member development banks of 9 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 BRICS to undertake ―collaborative research‖ in IndiaFirst Life Insurance Company Limited, a joint distributed ledger/blockchain technology. venture between BOB, Andhra Bank & Legal & General BSE entered into an agreement with Bombay Metal (UK), announced its tie-up with Oxigen Services India Exchange (BME) for the growth & systematic Pvt. Ltd., to establish the distribution of its insurance development of commodity derivatives markets in the products. non-ferrous metals complex. NABARD completed 36 years of service to the nation & celebrated the 37th Foundation Day on 12th July. SEBI approved amendments to buyback & takeover regulations and changed the time for announcing the price band of initial public offering (IPO) from 5 to 2 days. In a consultation paper, SEBI had proposed that entities would not be required to file draft papers for rights issue worth up to Rs 10 crore. Export-Import Bank of India (Exim Bank) announced that it has extended $10 million worth of line of credit (LOC) to Seychelles. This is for healthcare and procurement of goods and projects.
Insurance Industry in News HDFC Life appointed Vibha Padalkar as its new managing director and CEO for a period of three years. HDFC ERGO, India's third-largest non-life insurance provider in the private sector, announced the launch of 'E@Secure', a Cyber Insurance Policy for individuals. It aims at providing comprehensive protection to individuals & their families against any cyber-attacks, cyber frauds. Bajaj Allianz General Insurance entered into a bancassurance deal with Vijaya Bank. United India Insurance Company announced the appointment of S Gopakumar as its Director & General Manager.
Topic 2: ECONOMY/FINANCIAL CURRENT AFFAIRS
Govt. decided to make the Pradhan Mantri Jan Dhan India‘s current account deficit (CAD) widened to a Yojana (PMJDY) an open-ended scheme. FM Jaitley four-quarter-high at 2.4% of gross domestic product stated that the overdraft facility has been doubled (GDP) in April-June period, as per the RBI data. from Rs. 5,000 to Rs. 10,000. The age limit for availing As per Department of Industrial Policy & Promotion OD under it has also been revised to 18 to 65 years from data, FDI in India rose 23% to 12.8 billion dollars 18 to 60 years. The accidental insurance cover for new during the April to June quarter of this fiscal. Sector RuPay Cardholders raised from Rs. one lakh to Rs. two that received maximum foreign investment is services lakh. with 2.4 billion dollars. Union Ministry of MSME approved a proposal by the In the 29th meeting, GST council approves cash Khadi & Village Industries Commission (KVIC) to incentives to promote Digital transactions. FM increase the wages of artisans by over 36%. With this, announced 20% Cashback upto Rs 100 for the Digital the wages will be increased from Rs 5.50 per hank to Rs Transactions done via BHIM, Rupay or USSD mode. It 7.50 per hank. was also decided to create a sub-committee headed by GOI doubled the monetary limit to 20 lakh rupees for MoS Finance Shiv Pratap Shukla for MSME sector. filing loan recovery application in the Debt Recovery 28th meeting of GST Council was held in New Delhi. It Tribunals (DRT) by banks & financial institutions. It is reduced tax rates on more than 50 items & exempted aimed at helping reduce pendency of cases in DRTs. sanitary napkins, rakhis, stone, marble, wooden There are 39 DRTs in the country. deities & Saal leaves from GST. GST on footwear priced below 1,000 rupees will attract 5% rate. GST on imported urea & ethanol sold to oil 10 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 companies for blending with petrol & diesel has been Telecom Commission approved the Telecom reduced to 5%. Regulatory Authority of India's (TRAI) net neutrality GST rate on handbags, jewellery box, wooden box for recommendations that bar service providers from paintings, artware of glass, stone endeavour, discriminating against internet content & services by ornamental framed mirrors & handmade lamps were blocking, throttling or granting them higher speed reduced to 12%. access. Lithium-ion batteries, vacuum cleaners, food grinders, mixers, storage water heaters, hair dryers, hand dryers, INDIA‘S GDP REPORTS paint, varnishes, water cooler, milk cooler, ice cream coolers, perfumes, toilet sprays & toilet preparation India's economy is expected to clock GDP growth of have been brought to 18 from 28% slab. 7.5% in this financial year as per the Morgan Stanley GST council has cleared 46 amendments which will be report. passed in Parliament. The exemption limit for traders in India Ratings & Research (Ind-Ra) revised down its Assam, Arunachal Pradesh, Himachal Pradesh & FY19 economic growth forecast to 7.2%. Sikkim has been increased from 10 lakh to 20 lakh Indian economy grew by 8.2% in the first quarter rupees. (April-June) of the current fiscal, the highest in over Govt. decided to sharply increase the Minimum two years. Manufacturing sector grew by 13.5% which Support Price (MSP) for Kharif crops. The MSP for signals very good turnaround in the sector. common variety paddy, the most important Kharif Indian economy is expected to grow by around 7.5% crop, will be raised by Rs 200 over last year‘s Rs 1,550 in 2018 & 2019, as per Moody's Investors Service per quintal. That works out a 13% increase for the Global Macro Outlook for 2018-19. Moody's put G-20 financial year ended March 2019 compared to a 5.4% growth at 3.3% in 2018 & 3.1% in 2019. increase in FY18. RBI released its annual report in Mumbai. It was Khadi & Village Industries Commission (KVIC) mentioned in the report that due to the evolving launched its, in-house developed, single-umbrella e- economic conditions, real GDP growth for 2018-19 is marketing system named Khadi Institution expected to increase to 7.4% from 6.7% in the previous Management & Information System (KIMIS) in New year. Delhi. IMF cut India‘s GDP growth forecast by 10 basis CCEA approved proposal for expanding the scope of points to 7.3% in the year 2018 & by 30 basis points to Higher Education Financing Agency (HEFA) by 7.5% in 2019. enhancing its capital base to Rs. 10,000 crores & tasking Fitch Ratings raised India growth forecast for 2018-19 it to mobilise Rs. 1,00,000 crores for Revitalizing to 7.4% from 7.3%. For 2019-20, it estimated at 7.5%. Infrastructure & Systems in Education or RISE by 2022.
Topic 3: BUSINESS NEWS (NATIONAL & INTERNATIONAL) Companies Key Points Bharat Sanchar Nigam Ltd Roped in Indian boxer MC Mary Kom as its brand ambassador. Paytm partnered with China's Alibaba to launch AI-based cloud computing platform 'Paytm AI Cloud'. Mukesh Ambani-led Reliance Industries Ltd (RIL) became the first Indian company to cross Rs 8 trillion market capitalization. Reliance Power announced that its wholly-owned subsidiary Reliance Power Netherlands BV won an international arbitration award of $56 million (Rs 390 crore) against Prestige Capital Holdings & Kokos Jiang. Receivables Exchange of India (RXIL) announced that Hindustan Aeronautics (HAL) become the first public sector enterprise to make a transaction on the "TReDS platform". Note: TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of MSME through multiple financiers. Idea Cellular Ltd announced that it has completed its merger with Vodafone India Ltd (VIL) & Vodafone Mobile Services Ltd (VMSL) after getting approval from National Company Law Tribunal (NCLT). PhonePe partnered with To facilitate convenient, fast & secure payments through PhonePe on the IRCTC Rail IRCTC connect Android app. Bharat Sanchar Nigam Ltd Launched BSNL WINGS a VOIP based service. In WINGS, there is no SIM or cable (BSNL) wiring as is a VOIP service through an app. PayU India into strategic partnership with Reliance Money, leading NBFC brands in India, to offer instant app- based personal loans, via LazyPay. The loan amount will start from as low as Rs. 100 & will extend up to Rs. 1,00,000.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Reliance Industries Limited (RIL) beat TCS to become the most valued company in India. Department of Telecom (DoT) given final approval to the merger of Vodafone India & Idea Cellular. Mobile tower arm of Bharti Airtel, Infratel received clearance from SEBI for its merger with Indus Towers. Tata Steel board approved the joint venture with German steel giant Thyssenkrup. The Joint Entitiy Thyssenkrup Tata Steel BV, will be the second-largest steelmaker in European steel sector after Lakshmi Mittal's ArcelorMittal. Numaligarh Refinery Ltd Become the first oil PSU to adopt an online legal compliance system by introducing (NRL) in Assam 'Legatrix' Bharti Infratel, mobile Approval of competition watchdog Competition Commission of India (CCI) for infrastructure company merging its operations with Indus Towers. IFC (International Finance Corporation) invested $100 million in Mahindra & Mahindra Financial Services Ltd. (Mahindra Finance). Reliance Industries Chairman Mukesh Ambani announced that Reliance is India‘s largest payer GST, Excise & Customs Duty, & Income Tax in the private sector. It become the 1st Indian company to record PBDIT (Profit Before Depreciation Interest & Taxes). Bharat Sanchar Nigam unveiled the country‘s first internet telephony service that will allow users to dial any Limited (BSNL) telephone number in India through its mobile app, i.e. ―Wings‖. ONGC- the premier Public Sector Natural gas Company approved exiting its helicopter service provider Pawan Hans by selling its entire 49%. Flipkart‘s digital payment Acquired Zopper Retail – a hyperlocal Point of Sale (POS) platform for small & subsidiary PhonePe medium businesses. BHEL with South Korean Pact with for design and manufacture of emission controlling devices for coal-based firm NANO Co Ltd power plants. HCL Technologies Acquired German IT ervices provider H&D International Group. Muthoot Fincorp Limited partnered with National Skill Development Corporation to train over 10,000 youth over the next three years & make them job ready. INTERNATIONAL COMPANIES Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept 10, 2019. Current Alibaba Chief Executive Daniel Zhang will replace him as chairman. Alphabet Inc‘s Google| Partnered with four Indian banks to grant consumer loans online. It teamed with HDFC Bank Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd. & Federal Bank Ltd. to offer instant, pre-approved loans to customers. It re-branded its made-in-India Tez app as 'Google Pay'. DBS Bank Named the world's best bank by Global Finance magazine Google announced Project Navlekha to enable Indian publishers of regional languages to publish their content online, without facing the trouble of selling printed copies. Apple Inc. Became the first US-based company with a market value of $1 trillion YouTube Announced investment of $25 million to counter the spread of fake news on its platform. European Union regulators slapped Alphabet-owned Google with record 4.34 billion euro ($5 billion) antitrust fine for abusing the dominance of its Android mobile operating system. E-commerce giant Amazon Crossed $900-billion market cap for the first time in its history & becomes only the second company after Apple to achieve this milestone. Microsoft Acquired Flipgrid, an education start-up.
Topic 4: Agreements/MOU Signed
Between Countries|States|Cities Between Whom MoU/Agreement Details India & US|Communications Compatibility & Security Agreement (COMCASA) that will facilitate India to obtain defence technologies from US & access critical communication network to ensure interoperability among both armed forces. India & Bulgaria | 4 Pacts on Investment, Tourism, Civil Nuclear Cooperation, Science & technology cooperation. Establishment of Hindi Chair at Sofia University. Union Water Resources Minister For construction of Lakhwar multi-purpose project in the upper Yamuna basin to 12 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Nitin Gadkari signed MoU with deal with water crisis. Under this, the 204-metres high project will be constructed 6 states near Uttarakhand's Lohari village. India & Germany Agreement on financial & technical cooperation focusing on sustainable urban development & renewable energy. Invest India & the UAE Minister for MoU signed for India - UAE Artificial Intelligence Bridge in New Delhi. Artificial Intelligence (AI) Invest India & Business MoU signed to promote investment facilitation & cooperation between startups of India & France. Central Water Commission (CWC), India‘s apex technical organisation in the field of Water Resources signed Collaboration Agreement with Google for flood forecasting. Maharashtra government & Pact to increase the economic cooperation, in areas of IT, biotechnology, artificial Canada‘s Quebec province intelligence & welfare of the tribal community. J P Nadda exchanged MoU with the State Health Ministers of 20 States marking their commitment towards launch of Ayushman Bharat – National Health Protection Mission (AB-NHPM). Between Organizations|Companies NITI Aayog, Intel and Tata Institute of Fundamental Research (TIFR) are collaborating to set up a Model International Center for Transformative Artificial Intelligence (ICTAI). Prasar Bharati & Mizzima Media MoU to realize cooperation & collaboration in broadcasting & content sharing Group of Myanmar National Skill Development MoU to provide capacity building for Pradhan Mantri Jan Arogya Yojana Corporation & National Health (PMJAY) to ensure effective rollout & continued quality implementation. Agency (NHA) Department of Biotechnology (DBT), Ministry of Science & Technology, & the International Energy Agency (IEA) signed an MoU on Enhancing Innovation for Clean Energy Transition. Bharti Axa Life Insurance & To offer the ‗Pradhan Mantri Jeevan Jyoti Bima Yojana‘ (PMJJBY). Airtel Payments Airtel Payments Bank Bank becomes the first payments bank in India to offer GOI backed scheme. MoU signed between Ministry of Health & Family Welfare (MoHFW) & Ministry of Tribal Affairs (MoTA), GOI for cooperation between the two Ministries for sensitizing the principals & training to teachers each of all functional EMRSs, Ashram Schools & other Schools supported by MoTA in the country. Union Ministry of Water Resources, the MoA for funding of central share of 99 prioritised irrigation projects under NABARD & the National Water Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). Development Agency NHAI) signed MoU with the for getting Long Term Unsecured Loan of Rs 25000 crore for 10 years with 3 years State Bank of India (SBI) of moratorium on repayments. Statement of Intent (SoI) signed between NITI Aayog & Lupin Foundation to collaborate in Aspirational Districts Programme. Rajya Sabha entered into a MOU with a foreign counterpart for promoting inter-parliamentary dialogue. Venkaiah Naidu become the first Chairman of RS inked with visiting President of Senate of Republic of Rwanda, Bernard Makuza. UNEP partnership with Google To monitor the impacts of human activity on global ecosystems by using sophisticated online tools. {UN Environment Programme (UNEP)} Russian State Atomic Energy Corporation (Rosatom) announced that its subsidiary Nikiret signed an agreement with Indian engineering services firm Core Energy Systems Pvt Ltd for the promotion of its technical security equipment in India. Saudi Aramco & Abu Dhabi Signed MoU to jointly develop & build an integrated refinery & petrochemicals National Oil Company complex at Ratnagiri, Maharashtra. BYPL (BSES Yamuna Power Limited) Signed MoU for collaborative activities in different areas, including energy with Business Finland efficiency and electric vehicles. Ministry of Health and Family Signed MoU to scale up the short-term healthcare courses through its available Welfare with IGNOU robust platform. NITI Aayog‘s Women Entrepreneurs Platform signed five Statements of Intent (SoIs) with financial institutions & social organisations to provide assistance to women entrepreneurs.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018
Topic 5: New Appointments: National
Designation/Post Who is Appointed? Constitutional & Other Posts 1. Chief Economic Advisor (CEA) of India, Arvind Subramanian resigned from his post. 2. Secretary, Ministry of Steel, GOI Binoy Kumar 3. Union Minister Arun Jaitley is back as the Finance Minister after a three-month interval. 4. Chairman, DRDO & Secretary in Department of Renowned scientist, Dr G Satheesh Reddy Defence Research & Development (DDR&D) 5. Rajya Sabha Deputy Chairman NDA candidate Harivansh Narayan Singh 6. New Chief Justice of the Delhi High Court Justice Rajendra Menon 7. Chief Economic Advisor (CEA) of India, Arvind Subramanian resigned from his post. 8. Acting Chairman, UPSC Arvind Saxena 9. Secretary, Ministry of Coal Dr. Inder Jit Singh 10. Jammu & Kashmir's CM Mehbooba Mufti submitted her resignation to the Governor after BJP announced to pull out of an alliance with Peoples Democratic Party (PDP). CEO‘S/Chairman of Companies/Organizations/Banks/ Other Appointments 11. Independent Director on Board of Indiabulls Housing Subhash Sheoratan Mundra Finance Ltd (IBHFL) 12. Assocham, Secretary General Uday Kumar Varma (succeeds DS Rawat) 13. Vodafone Idea's first CEO Balesh Sharma 14. Bhushan Steel‘s Chairman & Non-Executive TV Narendran Additional Director 15. Independent Director, Indiabulls Housing Finance Ltd Subhash Sheoratan Mundra 16. Infosys Chief Financial Officer MD Ranganath, stepped down from his position. 17. Chairman, Marine Products Export Development IAS officer K S Srinivas Authority (MPEDA) 18. Head coach of the women‘s national team Former India spinner Ramesh Powar 19. Chairperson, Appellate Tribunal for Electricity, Smt. Justice Manjula Chellur Ministry of Power 20. CMD, Escorts Nikhil Nanda (succeeded his father Rajan Nanda) 21. Committee of Internet Corporation for Assigned Names & Numbers (ICANN) selected Ajay Data, Founder & CEO of Data XGen Plus, as a new council member of Country Code Supporting Organisation (ccNSO). 22. Chief Executive Officer for HSBC India Surendra Rosha (succeeded Jayant Rikhye) 23. Paytm Payments Bank CEO Renu Satti has resigned from the role 24. CEO & MD, Tata AIA Life Rishi Srivastava 25. Director & GM, United India Insurance Company K B Vijay Srinivas 26. CMD, Steel Authority of India Limited (SAIL) Saraswati Prasad (succeeds P K Singh) 27. DG & Chairman, Ordnance Factory Board P K Shrivastava 28. Chairman, Payments Council of India (PCI) Vishwas Patel 29. Co-chairman, Payments Council of India (PCI) Loney Antony 30. Chairperson, National Green Tribunal (NGT) Justice Adarsh Kumar Goel 31. Director General, ex officio Member-Secretary of the Dr. T.C.A. Raghavan Council, ICWA (Indian Council of World Affairs) 32. IDBI Bank's CEO & Managing Director B Sriram 33. Managing Director, SBI Arjit Basu 34. Chairman, Central Board of Indirect Taxes & Customs Senior bureaucrat S Ramesh (CBIC) (succeeded Vanaja N Sarna) 35. SBI MD B Sriram resigned from SBI after his appointment as chief executive of IDBI Bank.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 36. CEO, ICICI Prudential Life Insurance N.S. Kannan
Topic 6: New Appointments: International
Designation/Post Who is Appointed? President/PM/Heads of Countries/Organizations 1. 13th President of Pakistan Pakistan Tehreek-e-Insaf‘s Arif-ur-Rehman Alvi 2. Prime Minister of Australia Scott Morrison (Replaced Malcolm Turnbull) 3. Malian President Ibrahim Boubacar Keita re-elected for a five-year term. 4. President of Paraguay Colorado Party‘s Mario Abdo Benitez 5. President of Colombia Ivan Duque 6. Pakistan‘s first-ever woman Chief Justice of HC. Justice Tahira Safdar named Chief Justice of Balochistan HC. 7. Mexico's President Andres Manuel Lopez Obrador 8. Turkey's President Recep Tayyip Erdogan 9. Jordan's PM Former World Bank Economist Omar al-Razzaz 10. Giorgi Kvirikashvili, PM of Georgia, announced his resignation 11. Colombia has chosen Ivan Duque to be its next president. He will be Colombia's youngest ever President. He will replace Juan Manuel Santos. Other Appointments 12. WPP Plc, the world‘s largest communication services group, appointed Mark Read as the CEO & Executive Director (ED) of the company. 13. Assistant Secretary-General & Head of the New York Veteran Indian development economist Satya S Office of the UN Environment Programme (UNEP) Tripathi 14. UN‘s new Human Rights Chief Michelle Bachelet 15. PepsiCo CEO Indra Nooyi will step down in October after serving for 12 years as the top boss at PepsiCo. She will be succeeded by company President Ramon Laguarta. 16. Head of the crucial Drug Enforcement Agency, US. Uttam Dhillon, an Indian-American lawyer 17. Head, UN mission tasked with monitoring the ceasefire Uruguayan Army Major General José Eladio line between India & Pakistan Alcain 18. Pakistan‘s National Security Advisor Nasser Khan Janjua resigned. 19. Chief Finance Officer of the US‘ largest automaker, An Indian-American woman, Dhivya General Motors Suryadevara
Topic 7: Awards Given in Different Fields
Name of the Award Winner Awards for Literature/Journalism 1. 'Sarala Puraskar' Odia poet Satrughna Pandav (for poetry Misra Dhrupad) Country‘s Highest Honour Given 2. US govt. awarded the Legion of Merit (Degree of Commander) to General Dalbir Singh Suhag (Retired), of the Indian Army, for exceptionally meritorious service as chief of the Army staff, Indian Army. 3. Delhi government‘s additional director of health, SK Arora awarded WHO World No Tobacco Day 2017 Award for his extraordinary contribution towards tobacco control. 4. US govt. awarded Legion of Merit (Degree of Commander) to General Dalbir Singh Suhag (Retired), of the Indian Army, for exceptionally meritorious service as chief of the Army staff, Indian Army. 5. Three US scientists James Allison, Carl June & Steven Rosenberg declared winners of 2018 Albany Medical Center Prize in Medicine & Biomedical Research. 6. President & Supreme Commander of the Armed Forces approved 131 Gallantry Awards to Armed Forces Personnel & members of Paramilitary Forces which include one Kirti Chakra, 20 Shaurya Chakras, three Bar to Sena Medals (Gallantry), 93 Sena Medals (Gallantry), 11 Nao Sena Medals (Gallantry) & three Vayu Sena Medals (Gallantry). 15 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 7. Akshay Venkatesh, a renowned Indian-Australian mathematician, is one of four winners of mathematics‘ prestigious Fields medal, known as the Nobel prize for math. 8. Gopalkrishna Gandhi chosen for 24th Rajiv Gandhi National Sadbhavana Award for his contribution in promoting communal harmony, peace & goodwill. 9. Noted social reformer & founder of Sulabh International, Bindeshwar Pathak honoured with Japan‘s prestigious Nikkei Asia Prize. 10. Vishwas Mandalik from Nasik & the Yoga Institute in Mumbai selected as recipients of the PM‘s award for outstanding contribution for promotion and development of yoga for the year 2018. 11. CM Vasundhara Raje conferred the ‗CM of the Year‘ award for her remarkable work in e-governance. It was given at 52nd Skoch Summit held in New Delhi. 12. Kalki Koechlin conferred with French distinction of Knight of the Order of Arts and Letters (Chevalier dans l‘Ordre des Arts et des Lettres), for her contribution in enhancing Indo-French ties in cinema. 13. Lawrence Haddad (British economist & food policy researcher) & Dr David Nabarro, who has worked with WHO & UN on health and hunger issues, were named the 2018 World Food Prize recipients. Film/Music Awards 14. Oscar-winning director Ang Lee will be one of the recipients of the annual Directors Guild of America (DGA) honours . 15. Actress Aishwarya Rai was honoured with the Meryl Streep Award for Excellence at the Women in Film and Television (WIFT) India Award. 16. 3rd BRICS Film Festival took place in Durban, South Africa, along with the International Durban Film Festival (DIFF). The last day was celebrated as India Country Day. Awards won by Indian films in the 3rd BRICS Film Festival, Durban, South Africa: 1. Best Actress: Bhanita Das, Village Rockstars, 2. Best Film: Newton by Amit Masurkar, 3. Special Jury Award: Village Rockstars by Rima Das. 17. Indian International Film Awards (IIFA), late star Sridevi won Best Actress (posthumously) for MOM while Irrfan Khan given Best Actor Award for Hindi Medium. Tumhari Sulu awarded the Best Film trophy. Other Awards Conferred 18. Delhi government‘s additional director of health, SK Arora awarded prestigious WHO World No Tobacco Day 2017 Award for his extraordinary contribution towards tobacco control. 19. PepsiCo's India-born CEO Indra Nooyi to be honoured with the Game Changer of the Year award by a global cultural organisation Asia Society in recognition of her business achievements. 20. Indian-American high school student Avi Goel won the world championship at the International Geography Bee‘s junior varsity division which was held in Berlin, Germany. 21. Mohun Bagan ‗Ratna‘, the highest honour of Mohun former India international Pradip Chowdhury Bagan club 22. INFRA Icon Award in the ‗Global Energy‘ category at the Oil & Natural Gas Corporation (ONGC) mid-day INFRA Icons Awards 2018 23. JP Nadda, Union Minister for Health & Family Welfare presented the Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) 'IPledgefor9' Achievers & MMR Reduction Awards. Uttar Pradesh shown 30% decline & topped the chart. 24. National Kalidas Samman for visual arts Noted artist Anjolie Ela Menon 25. Nabard 2018 award for its service to self-help group (SHG) Repco Micro Finance Ltd linkage in Tamil Nadu for the fiscal year 2017-18. 26. Anukreethy Vas, a 19-year-old Tamil Nadu college student, crowned Femina Miss India 2018 in a grand ceremony in Mumbai. 27. Under ‗India Smart Cities Award' 2018, Surat awarded for showcasing "great momentum" in the implementation of projects under the Smart Cities Mission. Bhopal and Ahmedabad were selected in the ‗Innovative Idea' category for their "transformative approach towards sustainable integrated development". 28. ‗Best performing Social Sector Ministry‘ award SKOCH Group 29. Crowned as the first Tribal Queen at the Adi Rani Pallavi Durua (Odisha's Koraput district) Kalinga Tribal Queen competition 30. Ministry of Shipping‘s flagship programme for port-led-prosperity ‗Sagarmala‘ received the ‗Gold Award‘ in 16 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 infrastructure sector at the 52nd Skoch Summit 2018 in New Delhi. 31. HM Rajnath Singh approved the institution of "Home Minister's Special Operation Medal" for the police personnel of States and Union Territories, Central Police Organisations (CPOs), CAPFs & Security Organisations involved in Special Operations.
Static GA: Awards and Fields 1. International Gandhi Peace Prize: For contributions towards social, economic&political transformation through non- violence&other Gandhian methods. 2. Bharat Ratna: Premier civilian award, to serve the nation. 3. Padma Vibhushan: Ranking wise the second award is the Padma Vibhushan in the Indian Republic. It awarded people from various fields including Govt. service to distinguish extraordinary service for the country. 4. Padma Bhushan: The Padma Bhushan is the highest civilian award third in rank in the Indian Republic. 5. Padma Shri: It is awarded to citizens of India for their distinguished contribution in several fields including Education, Literature, Arts, Science, Industry, Social Service, Medicine, Sports&Public Affairs. 6. Dronacharya Award: For brilliance in sports coaching. 7. Dhyan Chand Award: Highest lifetime achievement award in sports&games in India 8. Rajiv Gandhi Khel Ratna: Highest honor given for accomplishment in sports. 9. Vyas Samman: For literary in the Hindi language. 10. Saraswati Samman: For outstanding prose or poetry literary works in any Indian language listed in Schedule VIII of the Constitution of India. 11. Param Vir Chakra: Highest decoration Awarded for the most conspicuous bravery or some daring or prominent act of valour or self-sacrifice in the presence of the enemy on land, sea or air. 12. Maha Vir Chakra: Second highest decoration. It is awarded for acts of conspicuous gallantry in the presence of the enemy, whether on land, at sea or in the air. 13. Vir Chakra: It is the third in the order of awards for acts of gallantry in the face of the enemy on land, sea or air. 14. Ashok Chakra: Awarded for the most conspicuous bravery or some daring act of valour or self-sacrifice on land, at sea or in the air. 15. Academy (Oscar) Awards: Film (From 1929) 16. Grammy Award: Music (From 1958) 17. Ramon Magasaysay Award: Govt. (Public) Service, Social Service, Journalism, Literature, Communication&International Understanding Bourlog Award: Agriculture (From 1992) 18. Grammy: Music 19. Pulitzer: Journalism&Literature 20. Arjun: Sports 21. Bowelay: Agriculture 22. Kalinga: Science 23. Dhanwantri: Medical Science 24. Nobel Prize: Peace, Literature, Economics, Physics, Chemistry, Medical Science 25. Abel: Maths 26. Man Booker: Literature 27. Vachspati Samman: Sanskrit Literature
Topic 8: Summits/ Festivals held in India & World
Name of the Summit Location/Held in SUMMITS HELD NATIONALLY 1. Department of Administrative Reforms and Public Grievances (DAR & PG), GoI in association with MP govt. is organizing a Regional Conference on Good Governance with Focus on Aspirational Districts, in Bhopal. The themes include: ICT Enabled Education, Agriculture, Public Service and Grievance Management and Good Governance initiatives. 2. a) International Aviation Summit held in New Delhi. b) Jointly organised by the Airports Authority of India, Ministry of Civil Aviation & International Air Transport Association (IATA). c) Suresh Prabhu announced that Civil Aviation Ministry is coming up with Vision 2035 under which it plans to build 100 new airports across India in the next 10-15 years with an investment of USD 60 billion. 17 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 3. Next edition of Aero India will be held in Bengaluru, Karnataka. Yelahanka Air Force station in Bengaluru has hosted all the 11 editions of Aero India. 4. PM Modi inaugurated India's first Global Mobility summit 'MOVE' in New Delhi. Main focus is to make cities of India pollution free. 5. 4th World Summit on Accreditation (WOSA-2018) held at New Delhi 6. 8th meeting of India-Kenya Joint Trade Committee held in Nairobi, Kenya. 7. 3rd edition of World‘s Biggest Open Innovation Model - Smart India Hackathon 2019 in New Delhi 8. NITI Aayog Vice Chairman Dr. Rajiv Kumar, & CEO Amitabh Kant, unveiled a series of events to take place in the ‗Mobility Week‘, in the run-up to MOVE: The Global Mobility Summit 2018 at Vigyan Bhawan, New Delhi. 9. President Kovind, inaugurated the ‗One District One Product‘ Summit in Lucknow, Uttar Pradesh. Under ‗One District One Product‘ scheme, the state govt. set a goal of providing employment to 25 lakh people in five years through the financial assistance of Rs. 25,000 crores. 10. 3rd India-Nepal Coordination meeting held in New Delhi 11. NITI Aayog‘s International Conference on ―Sustainable Growth through Material Pravasi Bharatiya Kendra in Recycling: Policy Prescriptions‖ held at New Delhi 12. Indo-US Military Cooperation Meeting held in New Delhi as a prelude to 2 plus 2 Dialogue between the two countries. 13. Unified Commanders‘ Conference (UCC) for the year 2018 started at New Delhi It provides a platform for discussions at Apex Level on all ‗Joint Issues‘ amongst three Services & Defence Ministry 14. 6th India-UK Science & Innovation Council (SIC) meeting to discuss a range of New Delhi issues on S&T cooperation between the two countries held in 15. 1st Meet of India-Bangladesh Joint Committee on Border Haats concluded in Agartala, Tripura 16. International Union of Food Science & Technology (IUFoST), in association with Navi Mumbai, India Indian National Science Academy (INSA) announced the 19th edition of its prestigious global event to be held in| Focal theme: 25 Billion Meals a Day by 2025 with Healthy, Nutritious, Safe & Diverse Foods. 17. NITI Aayog, with various ministries & industry partners is organising ‗MOVE: New Delhi Global Mobility Summit‘ in 18. Commerce Secretary, Rita Teaotia, chaired the first meeting of the Task Force on e- commerce in New Delhi. 19. The first India Tourism Mart will be organized in New Delhi 20. Ministry of Mines organized the 4th National Conclave on Mines & Minerals at Indore, Madhya Pradesh 21. India & Japan held 4th round of Maritime Affairs Dialogue in New Delhi. 22. European Union Film Festival (EUFF) will premiere in New Delhi at the Siri Fort Auditorium. 23. 5th National Standards Conclave- Implementing the Indian National Strategy for Standardization held in New Delhi. 24. A Conference on Implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) was organized by Pension Fund Regulatory & Development Authority (PFRDA) in Delhi. 25. Annual Sindhu Darshan Festival celebrated on the bank of Indus River started in Ladakh region of Jammu and Kashmir. 26. 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) held in. Mumbai Theme|"Mobilising Finance for Infrastructure: Innovation & Collaboration". 27. PM Modi inaugurated 3rd annual meeting of Asian Infrastructure Investment Bank (AIIB) in Mumbai. 28. a) 222nd meeting of the Central Board of Trustees, EPF (Employees' Provident Fund) held under the chairmanship Shri Santosh Kumar Gangwar at New Delhi. b) It approved the proposal for insertion of Paragraph 68HH in EPF Scheme, 1952 provisioning Advance from the fund to a member who ceases to be in employment for a continuous period not less than one month. c) Under this proposal, a member can avail 75% of the total fund (including employee as well as employer share) standing to the member‘s credit with interest thereon. d) The Central Board approved the proposal to continue SBI Mutual Fund and UTI Mutual Fund as ETF manufacturer for investment in ETF by EPFO for the tenure of one year.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 SUMMITS HELD INTERNATIONALLY 29. Minister of State for AYUSH Shripad Yesso Naik inaugurated 4th International Ayurveda Congress (IAvC) at Netherlands. It focused on promotion & propagation of Ayurveda in the Netherlands. 30. Commerce & Industry Minister Suresh Prabhu attended the 6th East Asia Summit- Economic Ministers‘ Meeting (EAS-EMM) & 15th India-ASEAN Economic Ministers‘ Meeting (AEM) in Singapore. Singapore is holding the Chair of ASEAN. 31. International Women Entrepreneurs Summit 2018 held in Theme|Equality Kathmandu, Nepal begins with Economic Empowerment 32. World Hindu Congress with theme 'think collectively, achieve valiantly' Chicago, the USA held in 33. 4th Summit of Heads of State/Government of Bay of Bengal Initiative for Kathmandu in Nepal Multi-Sectoral Technical & Economic Cooperation (BIMSTEC) 34. G20 Digital Economy Ministerial Meeting held in Salta, Argentina. It took place as part of Sherpa Track for 2018 G20 Leaders‘ Summit, which is to be hosted by Argentina in 2018. 35. First South Asian Association for Regional Cooperation (SAARC) Agri Kathmandu, Nepal Cooperative Business Forum held in Theme| ‗Organizing & Strengthening Family Farmers‘ Cooperatives to attain the Sustainable-Development-Goals- 1 & 2 in South Asia‘. 36. 4th BIMSTEC Summit held in Kathmandu, Nepal. Focus is on countering terrorism, enhancing regional connectivity & boosting trade. Theme| 'Towards a peaceful, prosperous & sustainable Bay of Bengal region'. 37. Union Minister of Commerce & Industry & Civil Aviation, Suresh Prabhu, is leading the Indian delegation for the 6th RCEP Trade Ministers‘ Meeting which held in Singapore. 38. 11th World Hindi Conference held in Port Louis, Mauritius 39. 24th World Congress of Philosophy (WCP) with the theme ―Learning To Be Beijing, China Human‖ held in 40. Pacific Endeavor-2018, a communication exercise under the Multinational Communications Interoperability Program (MCIP) held in Kathmandu to develop common communications operating procedures to enable military forces in the Asia Pacific region to collectively work in the wake of disaster. 41. Singapore PM Lee Hsien Loong chaired the 51st ASEAN Foreign Ministers meeting in Singapore. 42. 1st Nepal-India Think Tank Summit to foster greater collaboration & Kathmandu knowledge-sharing among the think tanks of the two countries held in 43. The heads of state & government of all five BRICS nations including Brazil, Russia, India, China & South Africa convened for 10th BRICS Summit in Johannesburg, South Africa. The theme was ‗BRICS in Africa: Collaboration for inclusive growth & shared prosperity in the 4th Industrial Revolution'. It saw the BRICS leaders come together & discuss various international & regional issues of common concern & adopted the 'Johannesburg Declaration' by consensus. 44. The Global Disability Summit held in London, UK. 45. 8th BRICS Health Ministers‘ Meeting held at Durban, South Africa. 46. Ninth & final meeting of Eminent Persons Group (EPG) on Nepal-India in Kathmandu, Nepal Relations concluded. 47. 5th Regional Comprehensive Economic Partnership (RCEP) Intersessional Tokyo, Japan ministerial meeting held in. 48. 2nd meeting of Joint working group on tourism cooperation between India in Kathmandu, Nepal. & Nepal concluded 49. 15th annual Asia & Oceania Region Inter-Governmental Ministerial meeting on anti-doping held in Colombo with representatives from 29 countries including India. 50. FICCI along with several industries members & senior government officials Khanty-Mansiysk, Russia & academia, participated in X International IT Forum at 51. 15th India-Australia Joint Ministerial Commission (JMC) held in Canberra, Australia. 52. International Conference on Information & Communication Technology in Kathmandu (ICT) will be held
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 9: Committees Formed Recently
Purpose for which Committee is formed Headed by 1. Head of the panel that has been tasked with selecting India‘s next chief former RBI Governor Bimal Jalan economic advisor (CEA). 2. With concerns being raised on some proposals of the draft e-commerce policy, govt. set up a group of secretaries to look into the issues. It will be chaired by the secretary in Department of Industrial Policy & Promotion (DIPP). 3. Food Safety & Standards Authority of India (FSSAI) constituted a group of Panel will be headed by B experts from the health & nutrition sector to look into the issue of food Sesikeran. labelling. 4. Head of NGT‘s 3-member committee, to decide mining company Vedanta's S J Vazifdar plea challenging closure of its Sterlite copper plant at Tuticorin. 5. Union Govt. constituted a 21-member science & technology council to Headed by K Vijay Raghavan, advise PM Modi on matters related to science, technology & innovations. principal scientific adviser to govt. 6. Food Safety & Standards Authority of India (FSSAI) constituted a group of Headed by B Sesikeran. experts from the health & nutrition sector to look into the issue of food labelling. 7. Union Government constituted a four-member Group of Ministers (GoM) Headed by Union Minister of to advise PM Modi on whether to continue with or withdraw from the 16- Commerce & Industry Suresh member Regional Comprehensive Economic Partnership (RCEP) Prabhu. negotiations. 8. With a view to resolve the stress & revive such assets, Govt. decided to set Headed by Cabinet Secretary, up a High-Level Empowered Committee with representatives from the Pradeep Kumar Sinha Ministry of Railways, Ministry of Finance, Ministry of Power, Ministry of Coal & the lenders having major exposure to the power sector. 9. National Green Tribunal formed a monitoring committee on the cleaning of Headed by NGT Chairperson A K the Yamuna River. Goel 10. IRDAI constituted a 16-member committee to examine motor third party Chairman, P.J. Joseph insurance pricing aspects & make recommendations on the premium rates for 2019-20. 11. Considering the increasing incidents of mob lynching, Govt. constituted a Chaired by the Union Home High-Level Committee to deliberate in the matter & make Secretary Rajiv Gauba recommendations. 12. Govt. set up a 13-member committee to upgrade the norms for computation Ravindra H Dholakia of economic data at states & districts level in the backdrop of plans to revise the base year for National Accounts or GDP calculation. 13. UN SG Antonio Guterres constituted a High-Level Panel on Digital Melinda Gates& Jack Ma Cooperation. It will be co-chaired by 14. Odisha Government constituted Heritage Cabinet to preserve the history & Headed by CM Naveen Patnaik culture of Odisha. 15. Ministry of Corporate Affairs (MCA) constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs Mr Injeti Srinivas, for review of the penal provisions in the Companies Act, 2013. 16. Govt. decided to set up a committee to suggest measures to strengthen Chairmanship of Mr Anil Swarup, National Cadet Corps (NCC) & National Service Scheme (NSS). former Secretary, School Education 17. Govt. set up a committee to lay down standardisation norms for Former Delhi Metro chief E components with an aim to cut costs in the construction & operation of Sreedharan metro rail systems & bring them under Make in India umbrella. 18. Maharashtra govt. set up a committee to study issues related to the Satish Chavan development of a 1,000-MW floating solar power plant at Ujani dam in Solapur district. 19. SEBI constituted an Expert Committee to frame rules for direct listing of Indian firms abroad. It will examine the economic case for permitting direct listing of Indian companies overseas & listing of Indian companies on 20 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 foreign bourses in India. 20. IRDAI formed a panel to review the regulations pertaining to insurance Headed by Suresh Mathur marketing firms. 21.
Topic 10: National Current Affairs
INDIA & WORLD Cooperation Agreement in New Delhi which will PM Modi, his Bangladesh counterpart Sheikh Hasina, boost bilateral trade between the two countries. and CMs of West Bengal Mamata Banerjee & Tripura Central government & the World Bank signed 300 Biplab Kumar Deb jointly inaugurated three projects million-dollar loan agreements for India Energy in Bangladesh via video conferencing. These include: Efficiency Scale up Programme. 500 MW additional power supply from India to Union Government, Rajasthan & the World Bank Bangladesh, Akhaura – Agartala Rail Link, and signed a USD 250 million Development Policy Loan Rehabilitation of the Kulaura-Shahbazpur section of (DPL) to support Rajasthan in improving the Bangladesh Railways. Note: Akhaura-Agartala rail performance of its Electricity Distribution Sector under project is about 12 km long of which 5.5 km would be its ‗24x7 Power for All‘ program. laid in India while 6.5 km would be in Bangladesh. GOI & ADB signed a $375 million loan agreement to India and France have signed implementation contribute to double farming incomes in Madhya agreement on 'Mobilise Your City' (MYC) in the Pradesh by expanding irrigation networks & system presence of Minister of State (I/C), Ministry of efficiency. Housing & Urban Affairs (MoHUA) Hardeep Singh ADB & GOI signed a $346 million loan to finance Puri and Alexander Ziegler, Ambassador of France in improvement of over 400 kms of state highways that India. will enhance connectivity & access to economic centers India retained the top WHO position in South-East across 12 districts in Karnataka. Asia Region with Dr Poonam Khetrapal Singh GOI released 470 million Nepali rupees grant for unanimously re-elected as Regional Director for Terai roads project in Nepal. another five-year term beginning February 2019. Israel opened a Visa Application Centre in Kolkata Minister of State (Independent Charge) for Housing for tourists from West Bengal & the northeastern states and Urban Affairs, Hardeep Singh Puri inaugurated to encourage more Indian travelers to visit that the first regional workshop on RERA (Real Estate country. (Regulation and Development) Act) in Pune. Global Innovation Index 2018 launched in New Delhi Note: RERA: Launched in 2016 is aimed at consumer by Ratan P Watal, Principal Adviser, NITI Aayog. protection, by creating an online system for India‘s rank on the GII improved from 60 in 2017 to information sharing in the real estate sector. It allows 57 in 2018.
states to set up the Regulatory Authority & Appellate. AIBD India elected as the President of the Asia- India is the Partner Country in the 87th Izmir Pacific Institute for Broadcasting Development International tradeshow which held in Turkey. (AIBD) for a period of two years.
India & Nepal signed an MoU on Preliminary India & the United Kingdom signed an agreement on Engineering-cum-Traffic Survey on Broad Gauge the exchange of experience by legal professionals & government functionaries for resolution of disputes Rail Line between Raxaul (Bihar) & Kathmandu. before various courts & tribunals. The bi-annual talks between Indian & Bangladeshi India become the 69th shareholder of the European border forces held in New Delhi. Director General of Bank for Reconstruction & Development (EBRD). BSF KK Sharma represented the Indian. India become the Vice-Chair (Regional Head) of the India & Cyprus signed key agreements after Asia Pacific Region of World Customs Organisation delegation-level talks between President Kovind & (WCO) for a period of two years (from July 2018 to his Cyprus counterpart Nicos Anastasiades in June 2020). Nicosia. Both countries agreed to expand cooperation India signed a revised travel agreement with in the fields of IT, tourism, shipping & renewable Bangladesh to ease visa restrictions for citizens from energy & in the field of environment. Cyprus the neighbouring country. Under the Revised Travel reaffirmed its support to India for its membership of Arrangement (RTA)-2018, freedom fighters & elderly the Nuclear Supplier's Group (NSG). Bangladeshi nationals will get five-year multiple visa India & Singapore signed the Second Protocol from India. amending the Comprehensive Economic 21 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018
India has been elected new President of Asian Tug powered with a blend of 75% air turbine fuel (ATF) & of War Federation. India's Gautam Kaul won the 25% biojet fuel. prestigious post in the Federations' Executive With an aim to provide country‘s poor access to Committee elections held in Kathmandu, Nepal. quality & affordable healthcare, govt. announced the India & Ghana signed two agreements in an effort to launch of Ayushman Bharat (now Jan Aarogya enhance the bilateral cooperation. The two MOUs on Abhiyan) on September 25, covering 50 crore people. Cultural Exchange Programme & on cooperation Nearly 10 crore families will get health cover worth between Bureau of Indian Standards & Ghana Rs 5 lakh each year under the scheme. World‘s largest Standards Authority were signed. healthcare cover plan that covers 10 crore families India extended a financial aid of Rs 99 million to provides 5 lakh cover to them each year. It become Nepal for the construction of 2,700 shallow tube well popular as ‗Modicare‘. irrigation systems in 12 districts of the country's National Wildlife Genetic Resource Bank (NWGRB) southern Terai region to boost agricultural inaugurated at Centre for Cellular & Molecular productivity. Biology‘s (CCMB) Laboratory of Conservation of India and Tajikistan reaffirmed their commitment to Endangered Species (LaCONES) facility in promote bilateral relations and agreed to enhance Hyderabad, Telangana. It is India‘s first genetic economic cooperation, particularly in sustainable resource bank where the genetic material will be water development. stored. India and Cuba have signed two MoUs in the field of Union Government unlocked green funds worth over biotechnology, traditional medicine and Rs 66,000 crore to increase the country‘s forest cover. homoeopathy. Note: Cuban President is Miguel Mario Khangchendzonga Biosphere Reserve (in Sikkim) Díaz-Canel. become the 11th Biosphere Reserve from India that India has pledged USD 5 million in assistance to UN has been included in the UNESCO designated World agency working for the welfare of Palestinian Network of Biosphere Reserves (WNBR). India has 18 refugees to help bolster its "severe funding crisis" Biosphere Reserves. following US' cut in its annual aid to United Nations Union minister of chemicals & Fertilisers Ananth Relief and Works Agency for Palestine Refugees Kumar announced that the country‘s first e-waste (UNRWA). recycling unit will come up in Bengaluru, Karnataka. SC held that Lieutenant Governor does not have independent decision-making powers, & is bound to act on the aid & advice of the Council of Ministers. Airports Authority of India (AAI) will set up a state- of-the-art Civil Aviation Research Organization (CARO) at Hyderabad‘s Begumpet Airport to find indigenous solutions to meet the challenges posed by the growing air traffic & for enhancing safety, capacity & efficiency of aircraft operations in the country. The India-Korea Technology Exchange Centre inaugurated by the Minister of State (I/C) MSME Giriraj Singh & Minister of SMEs & Start-ups of Republic of Korea, Hong Jong- hak in New Delhi. PM Modi inaugurated the new Headquarters building of the Archaeological Survey of India in New Delhi. Union Government announced to establish India‘s first national police museum in Lutyens' Delhi. Union Minister of Steel, Birender Singh dedicated the OTHER NATIONAL CURRENT AFFAIRS rebuilt Blast Furnace-1 ‗Parvati‘ of SAIL, Rourkela Supreme Court ruled that the ‗None of The Above‘ Steel Plant (RSP) to the Nation. Parvati is the first (NOTA) option will not be applicable for voting in the Blast Furnace of SAIL. Rajya Sabha elections. HRD Minister Prakash Javadekar launched the India's first biofuel-powered flight landed in Delhi, National Digital Library of India (NDLI). The library covering the distance between Dehradun & Delhi. will become a single window platform for all The biofuel is developed by CSIR-Indian Institute of educational needs. Petroleum (IIP), Dehradun. The flight test was PM Modi laid the foundation stone of Paperless successfully completed by SpiceJet. The flight was Vanijya Bhawan in New Delhi. 22 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018
PM Modi in Rajgarh, dedicated the Mohanpura Dam government initiatives relating to MSME Sector. A Project to the nation. In Indore, he attended the portal of the Ministry of MSME called ―Sampark‖ Madhya Pradesh Shehari Vikas Mahotsav. also unveiled by the President. President Kovind inaugurated the Udyam Sangam- Mumbai's Victorian and Art Deco Ensembles 2018 in New Delhi. It is a step forward towards inscribed as a UNESCO World Heritage Site. consolidating the convergence and synergy of all the
Topic 11: Current Affairs Related to States In India
NORTHERN STATES Radha Mohan Singh launched the Meghalaya Milk In a first, Uttarakhand High Court accorded the Mission in Shillong. It will facilitate in achieving the status of ‗legal person or entity‘ to the animals in the Centre‘s goal of doubling farmer‘s income by 2022 state. through the promotion of milk business in the state. Haryana government signed an MoU with Indian Oil Union Minister of State for DoNER Dr Jitendra Singh Corporation (IOC) to set up an ethanol plant in attended Meghalaya Annual Cultural Festival, Panipat with an outlay of over Rs 900 crore. "Behdienkhlam", held every year at the small PM Modi dedicated the Bansagar Canal Project to the peripheral town of Jowai, Meghalaya. Nation in Mirzapur, Uttar Pradesh. It will provide a Shillong has been selected as 100th Smart City. With big boost to irrigation in the region. the selection of Shillong, the total proposed Punjab Government launched a mobile application investment in the finally selected 100 cities under the named ‗i-Hariyali‘ aimed at increasing the state's Smart Cities Mission would be Rs.2,05,018 crores. green cover. The mobile application would enable the users to order free plant saplings. WESTERN STATES Rajasthan government to distribute mobile phones to EASTERN STATES women under the Bhamashah Yojana. Focused on Odisha CM Naveen Patnaik inaugurated Rs. 300 crore women who fall under BPL, the scheme aims to Rukura Medium Irrigation Dam project in transfer financial & non-financial benefits of Sundargarh district. government schemes in a transparent manner. Odisha government signed an MoU with Regional PM Modi inaugurated various projects in Junagadh Integrated Multi-Hazard Early Warning System district of Gujarat. It includes the Government Civil (RIMES) for enhancing early warning system for Hospital, a milk-processing plant & some buildings of effective management of all kinds of disaster in the Junagadh Agriculture University. There were nine state. initiatives, worth over Rs. 500 crores. Bhitarkanika National Park (Odisha) become the To strengthen the startup ecosystem in Rajasthan, CM largest habitat of the endangered estuarine Vasundhara Raje launched India‘s largest business crocodiles in the country with a record number of incubator the Bhamashah Techno Hub in Jaipur. It their nesting sites spotted in it. will provide end-to-end support to startups. The first of world‘s cheapest drinking water project Rajasthan become the first State in the country to launched in Darbhanga district, Bihar. implement the national policy on biofuels unveiled by Odisha government decided to raise the health cover the Centre this year. from Rs 5 lakh to Rs 7 lakh under Biju Swasthya Rajasthan Government signed an MoU with a Kalyan Yojana (BSKY) for women. private trust Sohanlalji Buladeviji Ojha Gaushala Samiti to build its first 'Cow Sanctuary', a shelter for NORTH-EASTERN STATES 10000 cows. It will be situated in Bikaner‘s Napasar.
Assam released the final draft of the National Microsoft signed an MoU with the Rajasthan Register of Citizens (NRC), seven months after it government to provide free digital training to 9,500 released the first draft on 1 January 2018, which college students in one year. included 1.9 crore names out of a total applicant pool Gujarat CM Vijay Rupani given in-principle approval for the 39-crore rupees ‗Seema Darshan‘ of 3.29 crore. The recently released list, however, left project for developing more infrastructure facilities our 40.07 lakh people wherein 2.89 crore people were from T-Junction to Zero Point at Nadabet near Suigam found eligible out of 3.29 crore applicants. The in Banaskantha district. National Register of Citizens (NRC) is the list of The world's first of its kind and state-of-the-art Indian citizens of Assam. It was prepared in 1951, International Centre for ‗Humanitarian Forensics‘ following the census of 1951. (ICHF) launched at the Gujarat Forensic Sciences University in Gandhinagar, Gujarat. 23 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Gujarat government announced wind-solar hybrid Investment Region (SIR) in northern Krishnagiri power policy - 2018, aiming to make optimum district to attract investments. utilisation of the land & grid. The policy provides 50% The world's first-ever thermal battery plant unveiled concession for cross-subsidy surcharge and in Andhra Pradesh by the state‘s CM N additional surcharge when the generated energy is Chandrababu Naidu. It is manufactured by Bharat sold to a third party. Energy Storage Technology Private Limited (BEST). CM of Andhra Pradesh N. Chandrababu Naidu CENTRAL STATES launched ‗e-Pragati core platform‘. It is aimed at In a tribute to the late former PM Atal Bihari Vajpayee, connecting the citizen to 34 departments, 336 Chhattisgarh Cabinet approved the proposal to autonomous organisations & 745-plus services. rename Naya Raipur as 'Atal Nagar'. Bilaspur NDRF has the biggest ever relief & rescue operation University as Atal Bihari Vajpayee University while in flood-affected Kerala. A total of 58 teams have the Narrow-Gauge Line will be called Atal Path. been deputed to work in the state out of which 55 are Central Park will be named as Atal Park. working on the ground. This is the highest ever Chhattisgarh CM Raman Singh announced that deployment of NDRF in a single state since its raising Chhattisgarh is the first among the 28 other states in in 2006. the country to provide Right to Skills‘ Development to Goa CM Manohar Parrikar & Tourism Minister the youth. Manohar Ajgaonkar flagged off the Goa Tourism Actress Kangana Ranaut & Chhattisgarh CM Raman Development Corporation‘s app-based taxi service Singh launched a smartphone distribution scheme called ‗GOAMILES‘ in Panaji. called 'Mobile Tihar' under Sanchar Kranti Yojna. Karnataka CM HD Kumaraswamy presented his Jharkhand CM Raghubar Das announced that the government's first budget. He announced a farm loan first 'Khadi Mall' of the country that will be opened waiver of Rs. 34,000 crores. Loans of up to Rs. 2 lakhs in Jharkhand. for each farmer will be waived. Farmers who repaid The Integrated Command & Control Centre of the the loan within time will be credited the repaid loan Naya Raipur Smart City was inaugurated by PM amount or Rs25000 whichever is less. Modi. Integrated Command & Control Centre of Naya Telangana police launched a mobile-based messenger Raipurbecomes the 10th Smart City Centre to be application named 'Cop Connect' dedicated to operational in the country. provide real-time information to over 60,000 police officers across the State. Maharashtra CM Devendra Fadnavis met World SOUTHERN STATES Bank CEO Kristalina Georgieva in Washington DC Telangana Cabinet passed a resolution calling for the to seek assistance for a Multimodal Transport dissolution of the Telangana Legislative Assembly. Corridor & the Rural Livelihood Project which aims to Tamil Nadu CM Edappadi K. Palaniswami laid the provide sustainable livelihood enhancements in 10,000 foundation stone for setting up of a Special villages in the state.
Static Points related to the States in India CM/Governors/Wildlife Santuaries/National Parks / Power Plants in India
States National Parks(NP) Wild Life Sanctuaries Power Plants J&K Dachigam National Park Gulmarg WLS - Former CM : Mehbooba Hemis National Park Limber WLS Mufti Kishtwar National Park Nandini WLS Governor: Satya Pal Malik Capital: Jammu(Winter) Salim Ali National Park Srinagar(Summer) Himachal Pradesh Pin Valley National Park Bandli WLS Girinagar Hydel Project Great Himalayan National Daranghati WLS Binwa Hydel Project CM: Jairam Thakur Park Dhauladhar WLS Rangtong Hydel Governor: Acharya Dev Project Inderkilla National Park Nargu WLS Vrat Pong Dam Lake WLS Baner&Neugal Project Khirganga National Park Capital: Shimla Shilli WLS 24 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Simbalbara National Park Talra WLS Punjab Abohar WLS Guru Gobind Singh CM: Captain Amarinder Singh Harike Lake WLS Super Thermal Power Governor: V P Singh Badnore Jhajjar Bacholi Plant Capital: Chandigarh WLS Haryana Kalesar National Park Bhindawas WLS Gorakhpur Atomic CM: Manohar Lal Khattar Sultanpur National Park Kalesar WLS Power Station Governor: Satya Dev Deenbandhu Chhotu Khaparwas WLS Narayan Ram TPS Capital: Chandigarh Rajiv Gandhi TPS UP Dudhwa National Park Hastinapur WLS Narora Atomic Power Ranipur WLS Station CM: Yogi Adityanath Sohagibarwa WLS Rihand Thermal Power Governor: Ram Naik Sur Sarovar WLS Station Capital: Lucknow Chandraprabha WLS Anpara Thermal Power National Chambal Station WLS Bihar Valmiki National Park Gautam Budha WLS Kahalgaon Super CM: Nitish Kumar Kaimur WLS Thermal Power Station Governor: Lalji Tandon Pant (Rajgir) WLS Barauni TPS Capital: Patna Valmiki WLS Chattisgarh Indravati National Park Badalkhol WLS Sipat Thermal Power Kanger Valley National Bhairamgarh WLS Plant CM: Raman Singh Park Bhoramdev WLS Hasdeo TPS Governor: Balram Tandon Bhilai Expansion Power Guru Ghasi Das (Sanjay) Udanti Wild Buffalo Capital: Raipur Plant WLS Jharkhand Betla National Park Lawalong WLS Chandrapura TPS CM: Raghuvar Das Palkot WLS Koderma Thermal Governor: Draupadi Parasnath WLS Power Station Murmu Bokaro TPS Capital: Ranchi Andhra Pradesh Sri Venkateswara National Coringa WLS Simhadri Super Park Kolleru WLS Thermal Power Plant CM: N. Chandrababu Naidu Nellapattu WLS Sri Damodaram Governor: E.S.L Pulicat Lake WLS Sanjeevaiah Thermal Narasimhan Rajiv Gandhi Power Station Capital: Amravathi (Nagarjuna Sagar- [*Hyderabad initially] Srisailam) WLS Rollapadu WLS Telangana Mrugavani National Kawal WLS CM: K. Chandrashekar Rao Park Governor: E. S. L. Narasimhan Capital: Hyderabad Assam Dibru-Saikhowa NP Amchang WLS Bongaigaon Thermal Kaziranga National Park Chakrashila WLS Power Plant CM: Sarbananda Sonowal Manas National Park Dihing Patkai WLS Governor: Jagdish Mukhi East Karbi Anglong Nameri National Park Capital: Dispur WLS
Rajiv Gandhi Orang North Karbi Anglong National Park WLS Nambor WLS
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Goa Bhagwan Mahavir Bondla WLS - (Mollem) National Park Madei WLS CM: Manohar Parrikar Bhagwan Mahavir Governor: Mridula Sinha (Mollem) WLS Capital: Panaji Netravali WLS Gujarat Blackbuck National Park, Jambugodha WLS Mundra Thermal Velavadar Jessore WLS Power Station CM: Vijay Rupani Gir Forest National Park Kutch Desert WLS Ukai Thermal Power Governor: O.P.Kohli Station Marine National Park, Mitiyala WLS Capital: Gandhinagar Akrimota Thermal Gulf of Kutch Porbandar Lake WLS Rampara Vidi WLS Power Station Bansda National Park Ratanmahal WLS Kakrapar Nuclear Shoolpaneswar Power Plant (Dhumkhal) WLS Thol Lake WLS Wild Ass WLS Karnataka Bandipur National Park Arabithittu WLS Raichur Thermal Power Bannerghatta National Attiveri WLS Station CM: H.D. Kumaraswamy Park Bhadra WLS Udupi Thermal Power Governor: Vajubhai R. Vala Plant Kudremukh National Park Bhimgad WLS Capital: Bangalore Brahmagiri WLS Bellary Thermal Power Nagarhole National Park Cauvery WLS Station
Anshi national park Nugu WLS Pushpagiri WLS Ranganathittu Bird WLS Sharavathi Valley WLS Someshwara WLS Kerala Eravikulam National Park Aralam WLS Brahmapuram Power Mathikettan Shola Chimmony WLS Station
National Park Idukki WLS Kayamkulam Power CM: Pinarayi Vijayan Station Periyar National Park Malabar WLS Governor: P. Sathashivam Mangalavanam Bird Silent Valley National Capital: Trivandampuram WLS Park Neyyar WLS
Anamudi Shola National Periyar WLS Park Thattekad Bird WLS Pampadum Shola NP MP Kanha National Park Bori WLS Vindhyachal Super Madhav National Park Gandhi Sagar WLS Thermal Power Station Sant Singaji Thermal Mandla Plant Fossils Ghatigaon WLS CM: Shivraj Singh Chouhan Power Plant National Park Ken Gharial WLS Governor: Anandiben Patel Narsighgarh WLS Satpura Thermal Power Panna National Park Capital: Bhopal National Chambal Station
Pench National Park WLS Amarkantak TPS Sanjay National Park Orcha WLS Sasan Ultra Mega Satpura National Park Kuno WLS Power Project Van Vihar National park Sardarpur WLS Son Gharial WLS Maharashtra Chandoli National Park Aner Dam WLS Tarapur Atomic Power Navegaon National Park Bhamragarh WLS Station Tirora Thermal Power Tadoba National Park Bhimashankar WLS CM: Devendra Fadnavis 26 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Governor: C. Vidyasagar Gugamal national park Great Indian Bustard Station Rao WLS Amravati Thermal Capital: Mumbai Jaikwadi WLS Power Plant Koyana WLS Nagzira WLS Painganga WLS Radhanagari WLS Sagareshwar WLS Tipeshwar WLS Tungareshwar WLS Manipur Keibul Lamjao Yangoupokpi- - CM: N Biren Singh National Park Lokchao WLS Governor: Najma A Heptulla Capital: Imphal Meghalaya Balphakram National Park Baghmara Pitcher - CM: Conrad Sangma Nokrek National Park Plant WLS Governor: Tathagata Roy Nongkhyllem WLS Capital: Shillong Siju WLS Mizoram Murlen National Park Dampa WLS (TR) - CM: Lal Thanhawla Phawngpui Blue National Ngengpui WLS Governor: K. Rajasekharan Park Pualreng WLS Capital: Aizawl Mountain National Park Tokalo WLS Nagaland Intanki National Park Fakim WLS Dikhu Hydro Electric CM: Neiphiu Rio Puliebadze WLS Power Plant Governor: P.B.Acharya Rangapahar WLS Capital: Kohima Odisha Bhitarkanika National Badrama WLS Talcher Super Thermal Park Baisipalli WLS Power Station CM: Naveen Patnaik Simlipal National Park Chilika (Nalaban) Governor: Ganeshi Lal WLS Capital: Bhubaneshawer Hadgarh WLS Khalasuni WLS Satkosia Gorge WLS Rajasthan Sariska National Park Bundh Baratha WLS Chhabra Thermal Ranthambore National Darrah WLS Power Station CM: Vasundhara Raje Park Jawahar Sagar WLS Suratgarh Power Governor: Kalyan Singh Station Darrah National Park Kailadevi WLS Capital: Jaipur Mount Abu WLS Desert National Park Ramsagar WLS
Keoladeo National Park Sariska WLS Sawai Man Singh WLS Shergarh WLS Sitamata WLS Sikkim Khangchendzonga Fambong Lho WLS Rangit Hydro Electric CM: Pawan Kumar National Park Kitam WLS (Bird) Power Prject Chamling Maenam WLS Governor: Ganga Prasad Pangolakha WLS Capital: Gangtok Tamil Nadu Mudumalai National Park Indira Gandhi Kudankulam Nuclear (Annamalai) WLS Power Plant
Mukurthi National Park Kalakad WLS Neyveli Thermal CM: Edapaddi Palaniswami Tuticorin Thermal Indira Gandhi Karaivetti WLS 27 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Governor: Banwaril Lal (Annamalai) National Karikili WLS Power Station Purohit Park Mudumalai WLS Capital: Chennai Guindy National Park Pulicat Lake WLS Gulf of Mannar Marine Vaduvoor WLS National Park Vedanthangal WLS Vettangudi WLS Tripura Bison( Rajbari ) National Gumti WLS Palatana Thermal CM: Biplab Deb Park Rowa WLS Power Plant Governor: Kaptan Solanki Clouded Leopard Sepahijala WLS Capital: Agartala National Park Trishna WLS UK Gangotri National Park Askot Musk Deer WLS Chibro Power Plant CM: Trivendra Singh Jim Corbett National Park Binsar WLS Khodri Power Plant Rawat Chilla Power Plant Govind Pashu Vihar Governor: Baby Rani Valley of Flowers National Park WLS Maurya Kedarnath WLS Capital: Dehradun Sonanadi WLS
WB Buxa National Park Ballavpur WLS Mejia Thermal Power Neora Valley Chintamani Kar Bird Station
NationalPark Sanctuary Farakka Super Thermal CM: Mamata Banerjee Singalila National Park Haliday Island WLS Power Station Governor: Keshari Nath Lothian Island WLS Kolaghat Thermal Sundarbans National Park Tripathi Mahananda WLS Power Station Capital: Kolkata Bakreshwar Thermal Power Station Durgapur Steel Thermal Power Station Arunachal Pradesh Namdapha National Park CM: Pema Khandu Mouling National Park Governor: BD Mishra
Topic 12: International Current Affairs For the first time, bus services between Bihar and World Bank launched ‗bond-i', the world‘s first bond Nepal have started. It was flagged off from Patna by to be created, allocated, transferred & managed by CM Nitish Kumar. Four buses will ply from Bodhgaya using distributed ledger technology. to Kathmandu. Similarly, four buses will ply from EAM Sushma Swaraj inaugurated 'Panini Language Patna to Janakpur. Laboratory' at Mahatma Gandhi Institute (MGI) at Justice Om Prakash Mishra has been sworn in as new Port Louis in Mauritius. The Lab has been gifted by Chief Justice of Nepal. the Government of India. External Affairs Minister Sushma Swaraj inaugurated Cricketer-turned-politician Imran Khan took oath as 'Panini Language Laboratory' at Mahatma Gandhi Pakistan's new PM. Khan, the chairman of Pakistan Institute (MGI) at Port Louis in Mauritius. Tehreek-e-Insaf (PTI), secured 176 votes while his only In Sri Lanka, festival of the historic Esala Maha rival & the Pakistan Muslim League-Nawaz chief Perehera held in Kandy with a grand procession. It is Sharif got 96 votes. one of the oldest & grandest of all Buddhist festivals. US secretary of state, Mike Pompeo announced In Sri Lanka, the fourth Asian electoral stakeholders formation of the Iran Action Group (IAG) to forum (AESF-IV) held in Colombo to discuss the state coordinate & run the country's policy towards Iran. of elections & democracy in the region. The theme Pompeo has named Brian Hook as the group‘s head. was, ‗Advancing Election Transparency & Integrity: Qatar King Sheikh Tamim bin Hamad Al Thani Promoting & Defending Democracy Together‘. pledged to make direct investment in Turkey & Iran unveiled its first domestic fighter jet named announced a 15-billion US dollar investment into the 'KOWSAR' with President Hassan Rouhani. The new country‘s financial markets & banks. Turkey is "Kowsar" is a fourth-generation fighter shown at the currently grappling with a currency crisis & National Defence Industry exhibition in Tehran. heightened tensions with the United States, its NATO 28 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 ally. Sheikh Tamim is the first foreign head of state custodians for foreign funds which comprise the to visit Ankara since the stand-off with Washington. largest group of investors in the Indian stock market. Nepal-India Literature Festival 2018 held in Birgunj, Mattala Rajapaksa International Airport (MRIA) Nepal. would be operated as a Sri Lanka-India joint Special meeting of Senior Officials of the Bay of venture.It is dubbed the ―world‘s emptiest airport‖ Bengal Initiatives for Multi-Sectoral, Technical & due to a lack of flights. Economic Cooperation (BIMSTEC) held in Kathmandu. The theme was "Towards a peaceful, United States decided to provide security guarantees Prosperous & Sustainable Bay of Bengal Region". to North Korea, in exchange of Pyongyang's firm & As part of Shanghai Cooperation Organization unwavering commitment to complete denuclearisation (SCO) initiatives, SCO Peace Mission Exercise is of the Korean Peninsula. conducted biennially for SCO member states. It is World Bank approved $700 million to help conducted by Central Military Commission of Russia Bangladesh achieve its education for all vision by at Chebarkul, Chelyabinsk, Russia. improving the primary education sector. Saudi Arabia announced that it is freezing all new U.S. has surpassed India to become the top trade & investment with Canada over its interference destination for greenfield foreign direct investment in its internal affairs. in 2017, as per the FDI Report 2018, compiled by FDI Japan has pipped China as the world's number two Intelligence, a division of The Financial Times Ltd. stock market, according to a Bloomberg report. Nikki Haley, the US Permanent Representative to Zimbabwe President Emmerson Mnangagwa the United Nations announced the withdrawal of the narrowly won the country‘s landmark election in United States from the United Nations Human Zimbabwe. Rights Council (UNHRC), accusing the council of bias United States Congress passed the National Defense against US ally Israel. Authorisation Act-2019 (NDAA-19) which capped its Nepali PM Khadga Prasad Sharma Oli is on his first security-related aid to Pakistan to $150 million. visit to China. China will build a railway connecting France‘s Parliament signed into law a controversial the western region of Tibet with Nepal, this was asylum & immigration bill. It is designed to signed during Oli‘s visit. accelerate asylum procedure by cutting the maximum Mongolia broke ground for the construction of processing time from the current 120 days to 90 days country‘s first oil refinery with the help of a USD 1 after entering France. billion loan from India. Home Minister Rajnath Myanmar joined the India-initiated International Singh attended the groundbreaking ceremony at Solar Alliance (ISA), thus, becoming the 68th ‗Stantsiin Hooloi‘. signatory to the Framework Agreement of the ISA. Pakistan placed on the grey list by the Financial UN Security Council adopted a resolution 2427, Action Task Force (FATF) for failing to curb anti- aimed at a framework for mainstreaming protection, terror financing despite its diplomatic efforts to avert rights, well-being & empowerment of children the decision. throughout the conflict cycle. US President Donald Trump & his Russian counterpart Vladimir Putin held the first summit at Helsinki in Finland. Host Finland President Sauli Niinisto met Trump before Trump & Putin sit down to a bilateral meeting first. European Union (EU) & Japan signed an Economic Partnership Agreement (EPA). It was signed at EU- Japan summit in Tokyo by EU Presidents Jean-Claude Juncker & Donald Tusk & Japanese PM Shinzo Abe. It is biggest ever trade deal negotiated by the EU & creates free trade zone covering nearly third of the world‘s GDP. Asia's first arbitration centre specialised in intellectual property is slated to open in Tokyo to resolve the growing number of disputes in the region. China, UAE, Cyprus & significantly, Mauritius, along with 21other countries have been tagged as ―high-risk jurisdictions‖ by global banks acting as 29 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018
Topic 13: OBITUARIES (NATIONAL/INTERNATIONAL) Person Died Profession/Famous In? Politician (National-International) 1. John McCain US Senator 2. Somnath Chatterjee Former Lok Sabha speaker 3. M. Karunanidhi Dravida Munnetra Kazhagam (DMK) chief & former Tamil Nadu CM 4. Ramchandra Singhdeo Former & first Finance Minister of Chhattisgarh Singer/Musician (National-International) 5. Aretha Franklin US singer Actor/Director/Producer (National-International) 6. Liliane Montevecchi Paris-born dancer, actor, & singer 7. Rita Bhaduri Veteran actor 8. Nerella Venumadhav Noted mimicry artiste Author/Journalist/Activist/Painter (National-International) 9. Bhagwati Kumar Sharma Noted Gujarati language author & poet 10. Uri Avnery Israeli journalist & peace activist 11. Kuldip Nayar Eminent Indian writer & journalist 12. Uri Avnery Israeli journalist & peace activist 13. V S Naipaul Nobel Prize-winning British author 14. Ramapada Chowdhury Acclaimed Bengali writer 15. Swapan Sarkar Veteran sports journalist 16. M.N. Vyasa Rao Kannada poet & film song lyricist 17. Gopal Das Neeraj Hindi poet 18. Charles Krauthammer United States political commentator and Pulitzer Prize winner 19. Donald Hall Award-winning American poet and writer 20. Adiraju Venkateswara Rao Senior journalist & writer Sportsmen/Sportswomen (National-International) 21. Ajit Wadekar Former India cricket captain, 22. Jarrod Lyle Australian professional golfer 23. Peter Thomson Australian golfing legend Others (National-International) 24. Tarun Sagar Jain Muni 25. Kofi Annan Former United Nations Secretary-General 26. Chiyo Miyako World's oldest person, a 117-year-old Japanese woman 27. Jonathan Gold Los Angeles Times & Pulitzer Prize-winning restaurant critic 28. Dada Vaswani Spiritual leader
Topic 14: LIST/INDEXES ANNOUNCED RECENTLY
Name of the Index/List Rank of India Topped By? International tourist arrivals hit record high in 2017 with India leading the growth in South Asian region. As per UNWTO, a total of 1,323 million international tourist arrivals recorded in destinations around the world. Serena Williams (with earnings of $18.1 million) was the highest paid female athlete for a third consecutive year in 2018, as per "List Of Highest Paid Female Athletes 2018" published by Forbes. Indian badminton player P.V. Sindhu was at seventh place. Akshay Kumar (7th) & Salman Khan(9th) made it to the Forbes‘ list of World‘s Highest-Paid Actors 2018. It was topped by George Clooney.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Kempegowda International Airport (KIA) emerged as the 2nd fastest growing airport in the world in the first half of 2018 in terms of actual growth in the number of passengers. It is topped by Tokyo's Haneda International. The report was published by RoutesOnline. Statistics from 14 cities across India analysed by Centre for Science & Environment (CSE), to check how some cities, which hold sizeable shares of India‘s urban population are positioned in the race for clean & low carbon mobility. Bhopal tops for lowest overall emissions & energy use from urban commute. The analysis titled The Urban Commute. Economist Intelligence Unit (EIU), Global Delhi ranked at 112th & Mumbai Vienna ranked as the world‘s Liveability Index 2018 at 117th most liveable city Ease of Living Index 2018 Pune has been ranked first Rampur ranked at last. Smitha V. Crishna ranks first in the Kotak Wealth Hurun-Leading Wealthy Women 2018 list . SBI is considered to be the most patriotic brand, as per the survey conducted by UK-based online market research & data analytics firm YouGov. Piyush Goyal released a report on Station Cleanliness conducted by Quality Council of India (QCI). A1 category stations (out of 75): 1st: Jodhpur/North-Western Railway A category stations (out of a total of 332): 1st: Marwar/North Western Railway Zonal Railway rankings are: 1st: North Western Railway BBC History Magazine conducted a reader's poll of 100 women who changed the world. Marie Curie voted the woman who made the most significant impact on world history. Fortune‘s 500 list 2018 of world biggest Indian Oil Corporation(137th) US-based retail company, corporations (IOC) |Highest ranked company Walmart has topped from India followed by RIL (148th) UN‘s E-Government Development Index 2018 India ranked at 96th Topped by Denmark 4 persons of India-origin, named by Fortune among 40 of the most influential & inspiring young people in business under the age of 40. Instagram Cofounder & CEO Kevin Systrom & Facebook founder Mark Zuckerberg, tied for first place on Fortune '40 Under 40' list. As per the the Public Affairs Index 2018, Kerala is the best-governed state in the country. Bihar, Jharkhand, Madhya Pradesh, Uttar Pradesh & Odisha ranked the lowest on the index. Among smaller states – with the population less than two crore – Himachal Pradesh topped the list of states. Meghalaya performed the worst in this list. As per the US-based Institute for Energy Economics & Financial Analysis (IEEFA) report, Karnataka is the new national leader in renewable energy generation. India is no longer a nation having the largest number of poor people in the world, as per the study published by the US-based think tank, Brookings. Nigeria overtaken India as the country with the largest number of extreme poor. Abu Dhabi, capital of the United Arab Emirates (UAE), topped the list of "smart cities" in the Middle East & Africa, as per Abu Dhabi's Department of Culture & Tourism. Global Innovation Index (GII) has ranked India as the 57th most innovative nation in the world. It is being developed jointly by Cornell University & the World Intellectual Property Organisation (WIPO) in Geneva. It is topped by Switzerland. For the second year in a row, Andhra Pradesh ranked as the easiest Indian state to do business in, according to a survey. It was released by the DIPP& Ministry of Commerce & Industry. Meghalaya was ranked lowest at 36th. HDFC Bank gone past Russia's Sberbank to become the most valuable bank in the emerging market outside China. Industrial & Commercial Bank of China topped the list. Globally, America's JPMorgan Chase is most valuable bank. India become the world's sixth-biggest economy, pushing France into seventh place, as per updated World Bank figures for 2017. India's GDP amounted to $2.597 trillion at the end of 2017. Topped by The United States Forbes released its fourth annual list of America‘s Richest Self-Made Women. Diane Hendricks, co-founder & chairman of ABC Supply reclaims the top spot Haryana topped other states in per capita revenue collection under GST & is also the fourth highest generator of e- way bills in the country. Forbes‘ 'Celebrity 100' list of World's Highest- Akshay Kumar ranked 76th Boxer Floyd Mayweather Paid Entertainers while Salman Khan ranked 82nd topped. UK topped an annual global ranking of nations' soft power, with France placed second on the list of 30 countries
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 which does not feature India in the 2018 'Soft Power 30' index. Global Environment Performance Index (EPI) India ranked 177 Topped by Switzerland rankings HDFC ranked as the 5th biggest public company globally in the ‗consumer financial services category‘ on a list compiled by Forbes magazine. American Express has topped this category. Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list. The overall list, topped by China‘s banking behemoth ICBC. Nitin Gadkari released Niti Aayog‘s composite water management index report. Gujarat topped the list while Jharkhand adjudged as worst performer. In northeastern & Himalayan states, Tripura adjudged as top state in 2016- 17. As per the 11th Common Review Mission (CRM) report of the National Health Mission, India registered a record 22% reduction in MMR since 2013, which is the highest percentage decline so far. Maternal Mortality Ratio in India has declined from 167 in 2011-2013 to 130 in 2014-2016. India is the world's most dangerous country for women due to the high risk of sexual violence & being forced into slave labour, as per the poll by global experts. War-torn Afghanistan and Syria ranked second and third in the Thomson Reuters Foundation survey. Annual 2018 Trafficking in Persons Report North Korea as one of the ―worst human trafficking nations‖ for the 16th straight year Cost of Living Survey published by Mercer Mumbai continues to be the Hong Kong is ranked as the most expensive city in India to world's costliest city to live live in for expatriates in for expatriates
Static Points: Index/Reports released by different Organisations Report title Organisation Asian Development Outlook ADB (Asian Development bank) Global Money Laundering Report FATF (Financial Action Task Force) Nuclear Technology Review IAEA (International Atomic Energy Agency) Ease of Doing Business IBRD (World Bank) World Development Report IBRD (World Bank) Safety Reports ICAO (International Civil Aviation Organization) Global Hunger Index report IFPRI (International Food Policy Research Institute) World Employment & Social Outlook ILO (International Labour Organization) World of Work Report ILO (International Labour Organization) World Economic Outlook IMF (International Monetary Fund) Global Innovation Index Cornell University INSEAD & the World Intellectual Property Organization (WIPO) World Energy Outlook (WEO) International Energy Agency World Oil Outlook OPEC (Organization of the Petroleum Exporting Countries ) World Happiness Report Sustainable Development Solutions Network (SDSN) Global Corruption Report (GCR) Transparency International Levels & Trends in Child Mortality Report UN Inter-agency Group World Investment Report UNCTAD (United Nations Conference on Trade & Development) Actions on Air Quality UNEP (United Nations Environment Programme ) Global Environment Outlook UNEP (United Nations Environment Programme ) Global education monitoring Report UNESCO (United Nations Educational, Scientific & Cultural Organization) World Cities Report UN-Habitat The Global Report UNHCR (United Nations High Commissioner for Refugees ) Report on Regular Resources UNICEF (United Nations Children‘s Emergency Fund ) Industrial Development Report UNIDO (United Nations Industrial Development Organization) World Drug Report UNODC (United Nations Office on Drugs & Crime) Global Information Technology Report WEF (World Economic Forum) Travel & Tourism Competitiveness Report WEF (World Economic Forum) Global Competitiveness Report (GCR) WEF (World Economic Forum) World Intellectual Property Report (WIPR) WIPO (World Intellectual Property Organization)
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 15: IMPORTANT DAYS OBSERVED RECENTLY
Date Day Theme National Nutrition Month (September) celebrated across the country to mark the fight against malnutrition. 5th September International Day of Charity 8th September International Literacy Day ‗Literacy & skills development.‘ 29th August National Sports Day To mark birthday, hockey player Dhyan Chand. 19th August World Humanitarian Day "#NotATarget" 10th August World Biofuel Day 9th August International Day of the World's Indigenous ‗Indigenous peoples‘ migration & movement‘ Peoples 30th July World Day against Trafficking in Persons ‗Responding to the trafficking of children & young people‘ 29th July International Tiger Day 28th July World Hepatitis Day "Test. Treat. Hepatitis" India on July 26 celebrated the 19th anniversary of Kargil Vijay Diwas to mark the success of ‗Operation Vijay‘ & to remember the supreme sacrifice of the Indian soldiers who lost their lives during the 1999 India-Pakistan Kargil War. Four Param Vir Chakras were awarded to: 1. Captain Vikram Batra, 13 JAK Rifles, Posthumous, 2. Lieutenant Manoj Kumar Pandey, 1/11 Gorkha Rifles, Posthumous, 3. Rifleman Sanjay Kumar, 13 JAK Rifles, 4. Grenadier Yogendra Singh Yadav, 18 Grenadiers. 1st July ‗GST Day‘ 7th July International Day of Cooperatives ‗Sustainable societies through cooperation‘ 11th July World Population Day 'Family Planning is a Human Right'. 18th July Nelson Mandela International Day 2018 This year is dedicated to Action Against Poverty 21st June 4th International Yoga Day "Yoga for Peace". 20th June World Refugee Day ‗Now More Than Ever, We Need to Stand with Refugees‘ 21st June World Music Day International Widows' Day is a global awareness day that takes place annually on 23rd June. 26th June International Day against Drug Abuse and "Listen First - Listening to children & youth is Illicit Trafficking. the first step to help them grow healthy & safe." 29th June National Statistics Day ‗Quality Assurance in Official Statistics‘ 14th June World Blood Donor Day ‗Be there for someone else. Give blood. Share life‘ June 12 World Day Against Child Labor
Topic 16: BOOKS & AUTHORS Best-selling author Preeti Shenoy announced the launch Canadian author Michael Ondaatje has again made of her new book, 'The Rule Breakers'. the Man Booker Prize list with his latest novel Spin legend Shane Warne autobiography titled 'No ―Warlight,‖. Spin'. JK Rowling will come out with the fourth novel titled Veteran cricketer VVS Laxman autobiography titled, 'Lethal White'. "281 & Beyond". Nitin Gadkari released a book ‗Water productivity "Atal Ji Ne Kaha" authored & compiled by Brijendra mapping of major Indian crops‘ published by Rehi. NABARD. It is based on a study of 10 important crops ‗Jewellery‘ was written by Dr Gulab Kothari. by a team under the leadership of leading agricultural ‗Ghats of Banaras‘ was written by Dr Sachidanand economist Dr. Ashok Gulati. Joshi. VP Naidu received the book "Vedvigyan Alok" ‗Untold Story of Broadcasting‘ was written by Dr (Maharishi Aitareya Mahidas Praneet - Aitareya Gautam Chatterjee. Brahmina ki Vaigyanik Vyakhya) authored by Ramachandra Guha penned a new book titled "Gandhi: Acharya Agnivarat Naishthik. The years that changed the world (1914-1948)". 33 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 17: DEFENCE CURRENT AFFAIRS
Indian Defence Forces India successfully flight tested the indigenously Delhi Police inducted an all-woman Special developed helicopter launched Anti-Tank Guided Weapons & Tactics (SWAT) team, consisting of 36 Missile ‗HELINA‘ from Pokhran in Rajasthan. commandos – the first ever by any police force in India The indigenously designed & developed guided – for anti-terrorist operations. bombs Smart Anti Airfield Weapon (SAAW) 7th Defence Technology & Trade Initiative (DTTI) successfully flight tested from IAF aircraft at Chandan meeting held between India & the US delegation in range in Jaisalmer. New Delhi. DRDO conducted the successful test of the Ballistic Raksha Mantri, Nirmala Sitharaman inaugurated the Missile Interceptor Advanced Area Defence (AAD) first Representative Office of Navratna Defence PSU from Abdul Kalam Island, Odisha. The endo- Bharat Electronics Limited (BEL) in Hanoi, Vietnam. atmospheric missile, capable of intercepting incoming The indigenously upgraded artillery gun Dhanush targets at an altitude of 15 to 25 kms. successfully completed final user trials & is ready for India's supersonic cruise missile (SCM) BrahMos test induction into the Army. Dhanush is an upgraded fired from Odisha's Chandipur range launch pad under version of the Swedish Bofors gun procured by India extreme conditions. It can cruise at speeds of up to in the mid-1980s. Mach 3.0, or three times the speed of sound.
International Defence Forces Russia launched its biggest military exercise since the Cold War named "Vostok-2018", involving about 300,000 service personnel, in eastern Siberia. China is sending 3,200 troops to take part in "Vostok-2018". BIMSTEC Military Exercise (MILEX-18), the first edition of Military Field Training Exercise for the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) nations, held at Aundh in Pune. The Indian & Thailand's armed forces concluded platoon level military exercise called ‗Exercise Maitree 2018‘ in Jammu & Kashmir‘s Srinagar. 1st ever joint air exercise involving the Indian Air Force (IAF) & the Royal Malaysian Air Force (RMAF) commenced at Subang Air Base in Malaysia. Exercise Shanghai Cooperation Organization (SCO) Peace Mission 2018 held at Chebarkul, Russia. All the INS | Missile| Device Inducted/ Decommissioned 8-member nations will participate in this exercise. India successfully flight tested the indigenously INS Sahyadri entered the Port of Darwin, Australia to developed helicopter launched Anti-Tank Guided participate in Exercise KAKADU 2018. Exercise Missile ‗HELINA‘ from Pokhran in Rajasthan. The KAKADU is the premier multilateral regional maritime indigenously designed & developed guided bombs engagement exercise hosted by the Royal Australian Smart Anti Airfield Weapon (SAAW) also successfully Navy (RAN) & supported by the Royal Australian Air flight tested from IAF aircraft at Chandan range in Force (RAAF). It is held biennially in Darwin & the Jaisalmer. Northern Australian Exercise Areas (NAXA). The first ever mid-air refuelling of the indigenously developed light combat aircraft Tejas successfully Defence Exercises/Operations Conducted carried out, placing India in an elite group of countries As part of the ongoing Indo-US defence cooperation, a having air-to-air refuelling capacity for military planes. joint military training Exercise Yudh Abhyas 2018 is For the first time, India's only aircraft carrier INS scheduled to be conducted in the foothills of Himalayas Vikramaditya will be fitted with a marine hydraulic at Chaubattia in Uttarakhand. This will be the 14th system to boost the air operations of the ship. edition of the joint military exercise. Technodinamika, a subsidiary of Russia's Rostec State Indo-Mongolia joint exercise Nomadic Elephant-2018, Corporation, will install the system. commenced at Mongolian Armed Forces (MAF) Five 34 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Hills Training Area, Ulaanbaatar, Mongolia with a brief the Pearl Harbour in Hawaii to participate in the 26th opening ceremony. edition of RIMPAC exercise. India along with 23 other nations participated in a The navies of India and Indonesia participated in major Indian ocean-wide tsunami mock drill. The Passage Exercise (PASSEX). Indian navy undertook exercise, known as 'IOWave18', is being organised by Passage Exercise with Indonesian on leaving the Port of the Intergovernmental Oceanographic Commission Makassar, Indonesia. (IOC) of UNESCO. Ukraine launched annual joint military exercise Defence Agreements Signed/Defence Summits Held named Rapid Trident with the United States & other Defence Acquisition Council (DAC), chaired by NATO (North Atlantic Treaty Organization) member Defence Minister Sitharaman accorded approval for countries. procurement for the Services amounting to Indo-Kazakhstan Joint Army Exercise 'KAZIND' will approximately Rs. 46,000 crores. DAC in a landmark be conducted between the Indian & Kazakhstan Army decision approved procurement of 111 Utility in Otar region, Kazakhstan. This is the third joint Helicopters for the Indian Navy at a cost of over Rs. military exercise between the two countries. 21,000 crores. Union Home Minister Singh inaugurated Defence & Defence Minister Nirmala Sitharaman & Uttar Homeland Security Expo & Conference – 2018, Pradesh CM Yogi Adityanath launched a defence organised by PHD Chamber of Commerce & Industry industrial corridor in Aligarh, Uttar Pradesh. in association with Ministry of MSME in New Delhi. Defence Minister Sitharaman launched the Defence Indian navy ships & aircraft arrived in Sri Lanka to India Startup Challenge in Bengaluru, Karnataka. She take part in the joint exercise SLINEX-2018 to be held also launched SPARK (support for prototype & with Sri Lankan navy at Trincomalee. research Kickstart) in defence, framework for IDEX An Indian Air Force contingent comprising of four partners, & promotion of start ups under Make II Su-30 MKI fighter aircraft landed at Darwin Air Force procedure. Base, Australia for participating in the Exercise Pitch National Security Guard will be the first central Black-2018. It is the first time that an Indian Air Force paramilitary force to opt for e-ticketing instead of the contingent is participating in this multinational air railway warrant under an agreement signed with the exercise in Australia. IRCTC. Militaries of India & Pakistan will be part of a mega India‘s first private sector unit for manufacturing anti-terror drill in Russia named "Peace Mission" in Unmanned Air Vehicles (UAV) & light bulletproof August 2018 which is being organised by the Shanghai vehicles (LBPV) will be set up by DCM Shriram Cooperation Organisation (SCO). Industries Group on the campus of Shriram Rayons in India will host first military exercise of the BIMSTEC Kota, Rajasthan. Countries in September 2018 in Pune, Maharashtra. MoU was signed between the Indian Army & State India and Bangladesh agreed to institute Coordinated Bank of India on the Defence Salary Package. Patrol (CORPAT) as an annual exercise between navies Bharat Electronics Limited (BEL) has signed an MoU st of two neighbouring countries. 1 edition of CORPAT with Saab, Sweden, for jointly marketing the L-Band between two navies was inaugurated by Sunil Lanba in 3D Air Surveillance Radar, RAWL-03, co-developed Bangladesh. by BEL & Saab. BEL joined hands with Saab, Sweden World‘s largest multilateral naval exercise Rim of the & the US, to market the Long-Range Air Surveillance Pacific (RIMPAC) held in Hawaii in the Western Radar, a cost-effective L Band three dimensional radar. Pacific Ocean. Indian Naval Ship Sahyadri reached
Topic 18: SPORTS CURRENT AFFAIRS
ASIAN GAMES 2018 Boxer Amit Panghal stunned the Olympic Champion Japanese swimmer Ikee Rikako named as the Most Hasanboy Dusmatov in the men‘s 49 Kilogram Valuable Player (MVP) of the 18th edition of the Asian category to win India‘s only boxing gold. Games. The 18-year-old, bagged six gold & two silver India's 60-year-old Pranab Bardhan & 56-year-old medals & became the first female athlete to win the Shibnath Sarkar won the men's pair bridge event to MVP title. bag the country's first-ever gold in bridge at the Asian 18th Asian Games concluded with India achieving its Games. best-ever medal haul of 69 & equaling its best gold Bajrang Punia opened India‘s gold medal account by medal haul of 15 after 67 years. defeating Japan‘s Daichi Takatani in the final of Men‘s Freestyle 65 kg. category. 35 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 16-Year-Old Saurabh Chaudhary became only the Jakarta, Indonesia. Manjit Singh, 800m champion, fifth Indian shooter to claim a gold in the Asian however, finished fourth. Games history. Another Indian making his international debut, Abhishek Verma, shot 219.3 to Cricket {National Game of: Australia, Bermuda, secure bronze. England, Jamaica No. of Players: 11 India got its second Gold medal at the 18th Asian Important Terms associated: Arm ball, Beamer, Games in Indonesia when Vinesh Phogat defeated Bottom hand, Bouncer, Cameo, Carrom ball, Japan‘s Yuki Irie in the final of freestyle 50 kg category Chinaman, Flick, Free hit, Glance, Googly, Hat-trick, in Women‘s Wrestling. Vinesh created history as she is Hit wicket, Leg bye, Nelson, Night watchman, Pinch the first Indian woman wrestler to win gold in the hitter, Sweep, Upper Cut.} Asian Games. India Blue thrashed defending champion India Red by Shooter Rahi Sarnobat won the women's 25m Pistol an innings and 187 runs in the final to win the 57th event at Asian Games 2018 in Indonesia. With this, she Duleep Trophy at NPR College ground, in Dindigul, becomes the first ever Indian female shooter to win Tamil Nadu. Himachal Pradesh batsman Nikhil gold in the history of Asian Games. Gangta was named the man of the match for his superb Indian rowers Sawarn Singh, Dattu Bhokanal, Om knock of 130. Prakash & Sukhmeet Singh won the men's Quadruple England‘s highest Test run-scorer Alastair Cook Sculls to win India's fifth gold medal at the Asian announced his retirement from International cricket. Games 2018. Indian Pacer RP Singh announced his retirement from Top seeds Rohan Bopanna & Divij Sharan notched International Cricket. up their maiden men‘s tennis doubles gold medal at Australian cricketer Mitchell Johnson announced the the Asian Games, in Palembang, Indonesia. Bopanna retirement from all forms of cricket. & Sharan defeated Aleksander Bublik & Denis Indian women‘s team fast bowler Jhulan Goswami Yevseyev of Kazakhstan. announced her retirement from T20 Cricket India's Tejinder Pal Singh Toor won the Gold medal Internationals. in Men's Shot Put final at the 18th Asian Games in Australian cricketer Mitchell Johnson announced the Indonesia. He brought India its seventh gold medal retirement from all forms of cricket. with an Asian Games record throw of 20.75 meters in Fakhar Zaman scored a double century for Pakistan Jakarta. against Zimbabwe & he became the first player from 18-year-old Hima Das won the Silver medal in 400- Pakistan to score a double century in a one-day meter race in Asian Games 2018, Indonesia. Dutee international. Chand also bagged silver medal in women's 100 meter Former captains Rahul Dravid of India, Ricky Ponting race. of Australia & retired England Women wicketkeeper- Neeraj Chopra became the first-ever Indian javelin batter Claire Taylor were inducted into the ICC Cricket thrower to win a gold medal at the Asian Games. Hall of Fame 2018. Rahul Dravid become the fifth World number three PV Sindhu lost to world number Indian cricketer. one Tai Tzu-ying (Taiwan) in the women's singles Australian captain Aaron Finch slammed 172(76) final to bag India's first-ever silver medal in badminton against Zimbabwe to register the highest-ever at Asian Games. individual score in T20Is. India's 28-year-old sprinter Manjit Singh won the India Women's Cricket Team Coach Tushar Arothe gold medal in the men's 800m event at the 2018 Asian stepped down from the role citing personal reasons, as Games, securing the ninth gold for the country. Indian per BCCI. sprinter Jinson Johnson, won the silver at the event. Mohammad Kaif announced his retirement from all Arpinder Singh ended India's 48-year long wait for a forms of competitive cricket. gold in triple jump at the Asian Games. Indian captain Virat Kohli received the prestigious Swapna Barman created history by becoming the first Polly Umrigar Trophy (Cricketer of the Year) award Indian heptathlete to win an Asian Games gold in for two consecutive seasons (2016-17 & 2017-18) at the Indonesia, a feat she achieved despite a toothache. BCCI Annual Awards function. Anshuman Gaekwad India won gold in the women's 4X400 metre event. & Sudha Shah received the CK Nayudu Lifetime The Indian quartet of Hima Das, Raju Poovamma, Achievement award. Saritaben Laxmanbhai Gayakwad & Vismaya Koroth India Women's Cricket team opener Smriti registered a time of 3 minutes & 28.72 seconds to finish Mandhana will become the first Indian player to at the top of the podium. India clinched the silver appear in Kia Super League - the women's cricket medal in the men's 4X400 metre event. super league in England. She was signed by Western India‘s Jinson Johnson claimed the gold medal in the Storm. men‘s 1500m event in the Asian Games 2018 in 36 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Football {National Game of: Brazil, Italy, Germany, emphatic win over Serena Williams in the finals of the Israel, Mauritius, Poland No. of Players: 11 U.S Open. Important Terms Associated: Back Pass, Corner Kick, Novak Djokovic (Serbia) beat Roger Federer Free Kick, Dribble, Futsal, Header, Kick off, Banana (Switzerland) at the 2018 Western & Southern Open Kick, Toe Poke, Throw-in, Bicycle Kick} in Cincinnati. Djokovic became the first men's tennis Real Madrid midfielder Luka Modric has been named player in history to win all nine-Masters 1,000 UEFA Men's Player of the Year for 2017/18. tournaments. Former England captain David Beckham will receive In Women‘s Hockey World Cup 2018, the Netherlands the UEFA President's Award for his contribution to has been crowned the world champions for a record football & promoting the sport in "every corner of the eighth time. They defeated Ireland in the summit clash planet". at London, UK. Kitty van Male, finished the U-20 Japan Women's National Team won against the tournament as the top scorer with eight goals. Spain U-20 Spain Women's National Team at final of the won the third-place. India finished the tournament at FIFA U-20 Women's World Cup France 2018, taking the 8th spot. down the FIFA U-20 Women's World Cup title for the 17-time Grand Slam champion Rafael Nadal clinched first time in Japanese football history. Takarada Saori his fourth Canadian Masters 1000 title at the Rogers was named as the Player of the match. Takarada also Cup in Toronto. awarded the Adidas Bronze Boot as well as the Adidas Angelique Kerber defeated seven-time champion Silver Ball, while Minami was awarded the Bronze Serena Williams in the women's singles final to clinch Ball. her first-ever Wimbledon title. Angelique Kerber hails India defeated Bangladesh to win the South Asian from Germany. Football Federation (SAFF) Under-15 Women‘s Rafael Nadal was the defending champion in the Championship in Thimpu, Bhutan. Men's Singles & won his 11th French Open title. Veteran German striker Mario Gomez announced his Simona Halep won her first Grand Slam title. retirement from international football. Roger Federer claimed his 98th ATP title after the win India‘s under-20 team won over Argentina under-20 over Milos Raonic in the Stuttgart Cup final. in the final group stage match of the COTIF Cup held in Valencia‘s Els Arcs Stadium. Current Affairs related to Grand Prixes Alisson Becker of Brazil has become the World's Lewis Hamilton of Mercedes won the Hungarian most expensive goalkeeper while transferring clubs Grand Prix for the 6th time from Italy's Roma to England's Liverpool. Indian driver Jehan Daruvala completed an United States, Mexico & Canada won the right to host exhilarating pole to flag victory in the FIA Formula 3 the 2026 World Cup after easily beating Morocco in a European Championship in Belgium. vote by FIFA member nations in Moscow. Lewis Hamilton won the German Grand Prix 2018 held at Hockenheimring track in Germany. Hockey {National Game of: India, Pakistan Red Bull‘s Max Verstappen won Austrian Grand Prix No. of Players: 11 2018 title in Austria. Important Terms Associated: Advancing, Bully, Honda's Marc Marquez (of Spain) cruised to his 9th Center Pass, Dribble, Drive, Flagrant Foul, Flick, Free consecutive German Grand Prix victory to extend his Hit, Striker, Tackle, Undercutting, Dodge, Drag Flick, MotoGP lead. Grip, Hacking, Penalty Corner, Wall Pass} Lewis Hamilton (Mercedes) reclaimed the world In the summit clash of the 37th & final edition of the championship lead with a dominant victory in the Hockey Champions Trophy at Breda, Netherlands, French Grand Prix. India lost to defending champions Australia via penalty shoot-off. It was Australia's record 15th Badminton Champions Trophy title. While India won their Ace Indian shuttler Sourabh Verma lifted the Russian second consecutive silver medal, hosts the Open Badminton trophy at Vladivostok. In the title Netherlands bagged the bronze medal. clash, he defeated Japan‘s Koki Watanabe. Forward Rani Rampal named as the captain of India‘s Indian badminton player Lakshaya Sen bagged the 18-member squad for the women‘s hockey World gold medal after defeating Indonesia‘s top-seeded Cup to be played in London in July 2018. Kunlavut Vitidsaran in the final match of the Badminton Asia Junior Championship in Jakarta, Current Affairs related to Tennis Indonesia. Naomi Osaka became the first Japanese woman to Malaysian veteran Lee Chong Wei won the win a Grand Slam title after she registered an Malaysian Open Badminton singles title for a historic 12th time. 37 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 India's star shuttler PV Sindhu (seeded second) Triple jumper Arpinder Singh created history by suffered a defeat to fourth seed Nozomi Okuhara of becoming the first Indian to win a medal in the IAAF Japan in straight games to settle for runners-up spot in Continental Cup. At Ostrava in the Czech Republic, he the Thailand Open at the Nimibutr Stadium in clinched a bronze. Bangkok. Anjum Moudgil & Apurvi Chandela become the first set of Indian shooters to secure quota places for the Boxing/ Wrestling/Weightlifting 2020 Olympics. Anjum won silver in the women‘s 10m 2019 Asian Youth & Junior Weightlifting air rifle event of ISSF World Championship, Championships to held in the North Korean capital Changwon, South Korea. Pyongyang, a signal that the secretive country may be India‘s Saurabh Chaudhary clinched the 10 metres coming in from the sporting cold. Air Pistol Junior gold at International Shooting Sport In Wrestling, Bajrang Punia won his second Federation (ISSF) Shooting World Championship in consecutive international gold while Sandeep Tomar Changwon, South Korea. had to be content with a silver medal at the Yasar Indian shooter Hriday Hazarika won gold medal in Dogu International in Istanbul, Turkey. Indian the 10 m air rifle junior men's event of the ISSF World wrestlers returned with 10 medals, including seven by Championships in South Korea. The women's 10m air women, from the ranking event. Vicky won a bronze in rifle team of Elavenil Valarivan, Shreya Agarwal & the 57 kg. Manini Kaushik also won gold medal. India won 8 medals in the Junior Asian Wrestling Ankur Mittal claimed the men‘s double trap gold Championship which concluded in New Delhi. The medal in the ISSF World Championship in South medals comprised 2 gold, 3 silver & 3 bronze. Sachin Korea. Rathi won the gold after winning the bout in the 74-kg Union Minister of Steel, Chaudhary Birender Singh, category. Deepak Punia then won the gold in the 86 kg unveiled the corporate sports policy for Central category. Iran with 189 points topped the team Public-Sector Enterprises (CPSEs) under the Ministry championship. India finished second. of Steel. It will provide a framework for promotion of Wrestling Federation of India (WFI) president Brij sports by Steel Ministry CPSEs. Bhushan Saran Singh is set to be named the Chef de Sports Minister Rajyavardhan Singh Rathore Mission of the Asian Games-bound Indian contingent. announced that the rate of pension for sportspersons Bajrang Punia emerged champion at the Tbilisi who have won medals in international competitions Grand Prix in the 65kg category. In the 86kg category, has been doubled from April 1. As per the revised Deepak Punia clinched a bronze with a 5-3 win over rates, Olympic & Para Olympic medallists will get a Osman Gosen of Turkey. sum of Rs 20,000 per month each, while gold Indian boxers ruled the ring at the 36th Golden Glove medallists at World Cups & World Championships in of Vojvodina youth tournament, ending with seven Olympic & Asian Games disciplines will receive Rs gold medals to claim the overall top spot in the event 16,000 per month. Silver & bronze medallists at World in Subotica, Serbia. Four men & three women clinched Cups in Olympic & Asian Games disciplines will gold medals at the tournament, which featured 17 receive a sum of Rs 14,000 per month. Silver & bronze countries. India finished first with 17 medals, including medallists of the Asian Games, Commonwealth six silver & four bronze. Games & Para Asian Games will receive Rs 12,000 Wrestler Vinesh Phogat won gold at the Spanish per month. Grand Prix in Madrid in the women's 50kg freestyle Teen cyclist Esow Alben created history by claiming category. India‘s first ever medal – a silver- at the UCI Junior Indian boxers bagged one Gold & two Silver medals Track Cycling World Championships in Aigle, at the Umakhanov Memorial Tournament in the Switzerland. Russian city of Kaspiysk. Saweety Boora won the Javelin thrower Neeraj Chopra will be the flag bearer Gold in the Women‘s 75 kg category. In the Men‘s for the Indian contingent at the opening ceremony of section, Brijesh Yadav in the 81 kg division & Virender the Asian Games 2018. Kumar in 91 kgs lost their Final bouts to settle for Indian javelin thrower Neeraj Chopra won a gold Silver medals. medal in the Savo Games in Lapinlahti, Finland. International Master Nihal Sarin became the 53rd Grandmaster of India despite losing his final round Other Sports Current Affairs game to Richard Rapport of Hungary in the ninth & India‘s ace sprinter Hima Das was appointed as Sports final round of Abu Dhabi Masters. Ambassador of Assam to inspire budding players of Indian women chess team at the Asian Nations Cup northeastern state to aim big and young generation to 2018 clinched the gold in the Blitz event held in Iran. take up sports seriously.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 It's India's first gold-medal finish at the event since Planning for its next three Olympic Games, the 2014. International Olympic Committee (IOC) added seven Indian golfer Viraj Madappa became the youngest medal events to the 2022 Beijing Winter Games, Indian to win on the Asian Tour, as he won his first published a 2020 Tokyo Olympics schedule with no title on the Asian Tour at Take Solutions Masters in agreement on when to race swimming finals, & set a Bengaluru. timetable to add new sports to the 2024 Paris Shubhankar Sharma became the youngest Indian Olympics. golfer to make the cut in any Major after he capped a Union Sports Minister Rajyavardhan Singh Rathore wonderful back nine to achieve the feat at the 147th announced that more than 34 years after coming into Open Championships at Carnoustie, Scotland. existence, the Sports Authority of India (SAI) has Indian Golfer Gaganjeet Bhullar grabbed his maiden been renamed as Sports India. European Tour title at the Fiji International in Janardan Singh Gehlot elected the president of the Natadola Bay. International Kabaddi Federation (IKF) for the next Dustin Johnson won the 2018 RBC Canadian Open at four years. the Glen Abbey Golf Club in Oakville in Canada. At 52, Anju Khosla has become the oldest Indian World Junior Squash Championships 2018 held in woman to complete an Ironman Triathlon – one of the Chennai, India. Egypt national junior squash team toughest one-day sporting events. defeated England & emerged as the 2018 World Junior American golfer Brooks Koepka became the first Squash Champions. India finished in 11th position. player in 29 years to win back-to-back US Open titles Indian women's compound archery team created at Shinnecock Hills in New York. history by becoming the world rank one side in the American fighter Ronda Rousey will become the first category. The team is six points ahead of the Chinese female MMA fighter to be inducted into the Ultimate Taipei team. Fighting Championship Hall of Fame, the UFC The Tokyo 2020 Organising Committee launched its announced. Olympic mascots 'Miraitowa' & Paralympic mascot India‘s R Praggnanandhaa become the country‘s 'Someity'. youngest and the world‘s second youngest Grand Star sprinter Muhammed Anas Yahiya once again Master at the age of 12 years, 10 months and 13 days. entered the record books as he broke his own national Archer Deepika Kumari won her first individual gold record to win the 400 metres race at the Cena Noveho medal in six years at the Salt Lake World Cup, in the Mesta nad Metuji meet in the Czech Republic. USA. 18-year-old Indian runner Hima Das created history Indian swimmer Sandeep Sejwal put up an by becoming the first-ever Indian woman to win an impressive performance to clinch the gold medal in athletics gold on the international stage. Hailing from men's 50m breaststroke event at the Singapore Assam, Hima finished on top of the podium in the National Swimming Championships in Singapore. women‘s 400m event at the IAAF World U20 Sixteen-year-old Indian shooter Saurabh Chaudhary Championship in Tampere, Finland. set a new world record on the way to winning a gold The Mission Olympic Cell included the entire Indian medal in the ISSF Junior World Cup in Suhl, hockey team in the Target Olympic Podium (TOP) Germany. scheme, rewarding the players for their silver medal- India sprinter Dutee Chand set a new national record winning performance at the Champions Trophy. in the women‘s 100-metre race when she clocked Javelin thrower Neeraj Chopra has clinched a gold 11.29 seconds at the 58th National Inter-State Senior medal at the Sotteville Athletics Meet in France. Athletics Championships being held in Guwahati, Assam. Topic 19: Bills passed/proposed in the Parliament Ministry of Health and Family Welfare announced the The 123rd Constitutional Amendment Bill giving implementation of the Human Immunodeficiency Virus constitutional status to the National Commission for (HIV) and Acquired Immune Deficiency Syndrome Backward Classes (NCBC) has got Parliamentary (AIDS) (Prevention and Control) Act, 2017. As per the assent. It will give the institution all powers to law, every HIV infected or affected person below the safeguard the rights of the socially & educationally age of 18 has the right to live in a shared household and backward classes & fulfils a long pending commitment enjoy its facilities. Those violating the act could be jailed of the central govt to the OBCs. for up to two years or fined up to Rs1 lakh or both. 123rd Constitutional Amendment Bill Explained: Supreme Court Abolished Section 377 of the Indian 1. It seeks to establish the NCBC under the constitution Penal Code (IPC), the 1862 law which criminalised with authority to examine complaints & welfare homosexuality. As per Section 377, consensual sexual measures regarding OBCs, acts are also considered unnatural & are punishable. 39 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 2. NCBC will have a Chairperson, Deputy Chairperson & imposes a punishment of up to seven years & a fine of 3 other members of which at least one will be a up to Rs. 5 lakh. woman, HRD Ministry proposed a draft bill to repeal the 3. The provision for mandatory woman member will be University Grants Commission (UGC) & set up the made during framing of rules, Higher Education Commission of India (HECI). The 4. NCBC will work as an autonomous institution with Act entitled ‗Higher Education Commission of India powers of a civil court, Act, 2018 (Repeal of University Grants Commission Parliament approved a legislation to help the Act)‘ revamps UGC Act, 1951 and its parent legislation government bring back fugitives involved in white- completely. collar crimes to stand trial in India. The fugitive Economic Offenders Bill, 2018 will become law after the President‘s assent & will empower the government to seize both local & overseas assets of alleged offenders, such as Vijay Mallya, Nirav Modi & Mehul Choksi. Lok Sabha passed the Negotiable Instruments (Amendment) Bill, 2017 which has the provision of allowing a court trying an offence related to cheque bouncing, to direct the drawer to pay interim compensation to the complainant. The interim compensation will not exceed 20% of the cheque amount & will have to be paid by the drawer within 60 days of the trial court‘s order to pay such a compensation. President Ram Nath Kovind approved the Assam Witch Hunting (Prohibition, Prevention & Protection) Bill, 2015, converting it to an Act, almost three years after it was passed by the state Assembly. It aimed at eliminating the superstition from the society,
Topic 20: SCIENCE & TECHNOLOGY (NASA, ISRO & OTHERS) 6th edition of the biennial Bengaluru Space Expo ISRO will outsource the production of the Polar inaugurated by ISRO Chairman Dr. K Sivan in Satellite Launch Vehicles (PSLVs) & Small Satellite Bengaluru, Karnataka. He addressed that ISRO wants Launch Vehicles (SSLVs) to private Industries. ISRO to offer manufacturing of PSLV & small satellite launch will launch Gaganyaan, India‘s first manned mission to vehicles along with small satellites to private industries. outer space in 2020. European satellite named 'Aeolus' using advanced The lander on the Chandrayaan-2 mission, which is laser technology to track global winds & improve scheduled to be launched in January 2019 will be weather forecasts has been successfully put into orbit on named ‗Vikram‘ after Vikram Sarabhai, the father of a Vega rocket from French Guyana. Indian space programme. ISRO got clearance from the 'Apsara', the first research reactor in Asia became space commission. operational in Trombay campus of Bhabha Atomic India will launch its second lunar mission Research Centre in August 1956. After providing more ―Chandrayaan-2‖ on January 3, 2019, to land on the than five decades of dedicated service to the moon with a lander & rover. ISRO is aiming to launch researchers, the reactor was shut down in 2009. Nearly the mission but the window to land on the lunar sixty-two years after Apsara came into existence, a surface is open till March 2019. The 800-crore rupees is swimming pool type research reactor ―Apsara- the cost of lunar mission named ―Chandrayaan-2‖. The upgraded‖, of higher capacity was born at Trombay. 3,890-kg Chandrayaan-2, which will be launched India‘s first Indian human mission will be launched by onboard the Geosynchronous Satellite Launch Vehicle ISRO by 2022. This will make India the fourth nation Mk-3, will orbit around the moon & study its lunar in the world to launch a Human Spaceflight Mission conditions to collect data on its topography, mineralogy after USA, Russia & China. PM Modi announced & exosphere. `Gaganyaan — India's maiden human spaceflight NASA‘s 'Parker Solar Probe' has become the first-ever programme'. mission to "touch" the Sun. Parker Solar Probe
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 launched aboard a Delta IV-Heavy rocket from Cape Test‘ demonstrated the safe recovery of the crew Canaveral, the USA. NASA's Parker Solar Probe soared module in case of any exigency at the launch pad. It skyward aboard a Delta IV-Heavy rocket from Cape was launched from the Satish Dhawan Space Centre at Canaveral, Florida, at 3.31 am. Sriharikota, Andhra Pradesh. Google launched a new video-based Q&A app called NASA's record-breaking astronaut, Peggy Whitson, 'Cameos' on the App Store, which allows people to retired after a 22-year-long career. She has spent more answer questions about themselves, then share those time off Earth than any other American, totalling 665 answers directly on Google. days over three International Space Station missions. Google's latest Android operating system update, US scientists unveiled the world's most powerful & Android 9 Pie, was officially released. smartest scientific supercomputer named 'Summit' Ranchi-based software developer Ranjit Srivastava is that can complete over 200,000 trillion calculations per developing the world's first Hindi-speaking humanoid second. robot, claimed to cost just Rs. 50,000 so far. It is named Engineering students from Hindustan Institute of as Rashmi. Technology and Science near Chennai, Tamil Nadu Facebook confirmed it is working on a new satellite developed the world‘s lightest satellite which will be project, named Athena, that will provide broadband launched from a NASA facility in the US by August internet connections to rural & underserved areas. 2018. They built the 4cm ‗cube‘ satellite ‗Jaihind-1S‘ ISRO successfully carried out a flight test for a newly- with a 3D printed outer casing from polylactic acid designed Crew Escape System. The first ‗Pad Abort (PLA) nylon material.
Topic 21: POWER PLANTS ESTABLISHED Madhya Pradesh CM Shivraj Singh Chauhan Solar Power Projects for commercial operation & inaugurated state-run power giant National Thermal dedicated these projects to the Nation in Tamil Nadu. Power Corporation Limited (NTPC) 250 MW Solar The 220 MW Unit-1 of Karnataka's Kaiga Generating Power Plant in Mandsaur. Systems (KGS-1) set a new record of the continuous Mr Piyush Goyal inaugurated Neyveli Lignite operation of 766 days. Corporation India Limited (NLCIL)‘s three 100 MW
Topic 22: SCHEMES
Schemes launched by Union Govt. launched India‘s first in-phone guide & mobile Centre unveiled a draft scheme for extending the application ―Go whats That‖ in Chandigarh. affordable air travel programme UDAN to Government approved 122 new research projects of international circuits, with state governments 112 crore rupees under its Impacting Research identifying the routes for operation. The draft Innovation & Technology ‗IMPRINT-2‘ scheme. It International Air Connectivity (IAC) scheme envisages initiative aims to advance research in energy, security to increase the international ticketing to 20 crores by & healthcare domains in the high education 2027. institutions. Union Government announced that the treatment of Loksabha Speaker Sumitra Mahajan handed over 5 childhood cancer will be covered under Pradhan croreth LPG connection under Pradhan Mantri Mantri Jan Arogya Yojana. Ujjwala Yojana (PMUY) to Smt Takrdiran of Delhi in CCEA chaired by PM Modi gave its approval for the Parliament House. The 5 crores feat has been implementation of an umbrella scheme ‗Ocean achieved in the time period of over 2 years. In the Services, Technology, Observations, Resources current year, considering the huge success of the Modelling & Science (O-SMART)‘. It covers a total of Scheme, target was revised to 8 crores with budgetary 16 sub-projects, which address ocean development allocation of Rs 12,800 crore. Uttar Pradesh has got the activities such as services, technology, resources, maximum number of LPG connections (87 lakh) observations & science. followed by West Bengal (67 lakh) & Bihar (61 lakh). Dharmendra Pradhan laid the foundation stone for Union Government has reduced the minimum annual permanent campus of National Skill Training deposit requirement for accounts under Sukanya Institute (NSTI) for Women at Mohali, Punjab. This is Samriddhi Yojana from Rs 1000 to Rs 250. The the first NSTI Institute for Punjab & only one of its kind minimum initial deposit to open the account has also in India which is exclusively for women. He also been reduced to Rs 250.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Ten new iconic sites have been taken up under Phase CM of Odisha, Naveen Patnaik launched the 'Green III of the flagship project Swachh Iconic Places (SIP) Mahanadi Mission'. He launched the mission by of the Swachh Bharat Mission. These new sites have planting a sapling on the bank of river Mahanadi joined the 20 iconic places under Phase I & II. The 10 during his visit to Boudh & Subarnapur districts in New Iconic Sites are as follows: Raghavendra Swamy western Odisha. Temple (Kurnool, Andhra Pradesh); Hazardwari Haryana CM Manohar Lal Khattar launched the Palace (Murshidabad, West Bengal); 'Paudhagiri' campaign with an aim to increase the Brahma Sarovar Temple (Kurukshetra, Haryana); green cover in Haryana. VidurKuti (Bijnor, Uttar Pradesh); Chhattisgarh CM Raman Singh announced a Mana village (Chamoli, Uttarakhand); Chhattisgarh Online Pension Management System. Pangong Lake (Leh-Ladakh, J&K); Chhattisgarh Online Pension Management System Nagvasuki Temple (Allahabad, Uttar Pradesh); launched an app called ―Abhar aapki sewa ka‖. ImaKeithal/market (Imphal, Manipur); Through this, 80,000 pensioners of the state will now Sabarimala Temple (Kerala); & get all the information related to pension & payment Kanvashram (Uttarakhand). online.
Government approved a 33% increase in carpet area Maharashtra government announced a new scheme of houses eligible for interest subsidy under its called 'Kanya Van Samruddhi Yojana', wherein affordable housing scheme Pradhan Mantri Awas farmers families where girl children are born will be Yojana-Urban (PMAY-U). It has been enhanced to 160 given saplings for plantation. sq m from 120 sq m for Middle Income Group-I (MIG- Delhi government launched 'Happiness Curriculum' I), while it has been increased to 200 sq m from 150 sq for school students up to class 8.
m in case of MIG-II. Gujarat CM Vijay Rupani launched 'Poshan Abhiyan'--a statewide mission to eradicate President Kovind will launch Solar Charkha Mission which will entail a subsidy of 550 crore rupees in the malnutrition among children by providing them initial two years for 50 clusters. The scheme is aimed nutritious food through Anganwadi centres. He also at linking five crore women & self-help groups to the launched 'PURNA' project to eliminate malnutrition initiative. among girls in the age group of 14 to 18. 'PURNA' Govt. notified the Electoral Bond Scheme 2018. As per stands for Prevention of Under Nutrition & Reduction of Nutritional Anaemia among Adolescent Girls. provisions, Electoral Bonds may be purchased by a
person, who is a citizen of India or incorporated or MP State Government launched an outstanding power bill waiver scheme & subsidised power scheme called established in India. A person being an individual can ‗Sambal‘ for labourers & poor families. Under Sambal buy Electoral Bonds, either singly or jointly with Yojana, BPL families would be provided electricity at a other individuals. Only the Political Parties registered cost of Rs 200 per month. under Section 29A of Representation of People Act,
1951 & which secured not less than 1% of the votes Gujarat government launched a solar power scheme polled in last General Election or the Legislative for farmers- Suryashakti Kisan Yojana (SKY) enabling Assembly of the State, shall be eligible to receive them to generate electricity for their captive Electoral Bonds. consumption as well as sell the surplus power to the grid and earn an extra buck. As per the scheme,
farmers having existing electricity connection will be Schemes launched by State Govt. given solar panels as per their load requirements. The Govt. of Andhra Pradesh launched a mobile platform, State and Central governments will give 60% subsidy e-Rythu (e-farmer in Telugu) which will enable small- on the cost of the project. scale farmers to market their produce at reasonable prices. The platform has been developed by Mastercard Schemes launched by Ministries Labs for Financial Inclusion in Nairobi, Kenya, and has Ayushman Bharat call centre was formally been customized for India use by the Labs team based inaugurated in Bengaluru by CEO of Ayushman Bharat at Pune. Dr. Indu Bhushan. To promote a culture of innovation & research in higher Former President Pranab Mukherjee launched the education, HRD ministry launched the Atal Ranking National Electoral Transformation (NETA) mobile of Institutions on Innovation Achievements (ARRIA). application to rate MPs & MLAs. 'Neta - Leaders' The ARRIA "will rank educational institutions for Report Card' App, the brainchild of Pratham Mittal, is innovation output based on all major indicators & a platform where voters can review & rate their elected parameters used globally". representatives.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 National Viral Hepatitis control programme aimed at Indian Government announced the launch of a new eliminating the deadly condition by 2030 launched by MicroDot Technology that would help check on the Ministry of Health & Family Welfare in vehicle thefts. collaboration with WHO. It has been developed in Dharmendra Pradhan announced that the Centre is association with all stakeholders who have worked at planning to set up one National Skill Training the grass-root level & launched in accordance with Institute (NSTI) in every State to meet the rising SDG, 2030. demand for skilled manpower in the country. He laid Union Home Minister Rajnath Singh launched the the foundation stone of country‘s first such skill Student Police Cadet (SPC) programme for training institute in Bhubaneswar, Odisha. nationwide implementation. SPC would lead to a silent CEC Om Prakash Rawat, along with Sunil Arora & revolution over the years by focusing on character Ashok Lavasa, launched an Android-based mobile building by imparting moral values to budding minds. application named ‗cVigil‘ for citizens to report any HRD Ministry embarked on a major & new initiative violation of the model code of conduct during elections. Project called 'Study Webs of Active Learning for Piyush Goyal launched the Coal Mine Surveillance & Young Aspiring Minds' (SWAYAM), which will Management System (CMSMS) & Mobile provide one integrated platform & portal for online Application ‗Khan Prahari‘ developed by CMPDI, courses. This covers all higher education subjects & Ranchi. The basic objective is reporting, monitoring & skill sector courses. taking suitable action on unauthorised coal mining Suresh Prabhu launched 'Niryat Mitra' – mobile App activities. in New Delhi. It provides wide range of information Union Health Minister JP Nadda launched the required to undertake international trade right from the National Health Resource Repository (NHRR)- the policy provisions. country's first-ever national healthcare registry of Nitin Gadkari launched Bidder Information authentic, standardised & updated geo-spatial data of Management System (BIMS) & Bhoomi Rashi & all public & private healthcare establishments. PFMS linkage - two IT initiatives of the Road EAM Swaraj launched new Passport Seva App. Now, Transport & Highways Ministry. BIMS is aimed at people can apply for a passport from any part of the streamlining the process of pre-qualification of bidders country through the App. She launched Mobile for EPC Mode of contracts for National Highway works Passport Application on occasion of Passport Seva with enhanced transparency & objectivity. Bhoomi Divas (26 June) in New Delhi. Rashi, the portal developed by MoRTH & NIC, Suresh Prabhu launched a mobile application called comprises the entire revenue data of the country. PFMS 'ReUnite' which helps to track and trace missing and is a web-based online software application developed abandoned children in India. & implemented by the Office of Controller General of Accounts. R Ramanan, Mission Director, Atal Innovation Mission & Arvind Gupta CEO, MyGov launched the ―#InnovateIndia Platform‖, a collaboration between the Atal Innovation Mission & MyGov, a citizen- centric platform of GoI. The #InnovateIndia portal will serve as the common point for all the innovation happening across the nation. Ministry of Women & Child Development has launched a contest, #Childline1098, inviting people to share images of the Childline 1098 logo that they spot at unique locations & send it with a tagline, to mark World Day against Trafficking in Persons on July 30. CHILDLINE is India's first 24-hour, free, emergency phone service for children in need of aid. Union Environment Minister Harsh Vardhan unveiled a state-of-the-art Air Quality & Weather Forecast System– ‗SAFAR‘ (System of Air Quality & Weather Forecasting) in New Delhi.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 23: MISCELLANEOUS TOPICS
INDIAN RAILWAYS/ METRO in India field force app & Coffee KrishiTharanga - digital mobile extension services for coffee stakeholders. The first of its kind university in the country in the NITI Aayog released five thematic reports on transport sector, the National Rail and Transportation Sustainable Development in Indian Himalayan Institute (NRTI), started operations. Currently, it is Region. The themes include Inventory & Revival of functioning out of the National Academy of Indian Springs in the Himalayas for Water Security, Railways, Vadodara. Sustainable Tourism, & Transformative Approach to Minister of Railways and Coal, Piyush Goyal launched Shifting Cultivation, Strengthening Skill & a web portal 'www.railsahyog.in'. It will provide a Entrepreneurship Landscape in the Himalayas. As per platform for the Corporates and PSUs to contribute to the Reports, Himalayan Tourism, growing annually at the creation of amenities at/near Railway Stations 6.8% has created a huge challenge related to solid through Corporate Social Responsibility (CSR) funds. waste, water, traffic, loss of bio-cultural diversity. A Conference on ―E-Mobility in Indian Railways‖ Inland Waterways Authority of India (IWAI) made organized by Ministry of Railways through Institution public 13 standardised state-of-the-art ship designs of Railways Electrical Engineers (IREE) in association suitable for large barge haulage on river Ganga with NITI Aayog concluded in New Delhi. (National Waterway-1). Ministry of Railways & Centre for Railway The hotel named 'Hostess' launched by Kerala Information Systems (CRIS) organised a seminar on Tourism minister Kadakampally Surendran. A flagship ―Leveraging IT for Mobility‖ in New Delhi. project of the Kerala Tourism Development Piyush Goyal launched a new app – ―AAPOORTI‘ Corporation (KTDC). mobile App of ‗Indian Railways e-procurement Santhali (Santali), a tribal language primarily spoken system‘ (IREPS). It provides information & data in India, Bangladesh & Nepal, received global related to e-tendering & e-auction related activities of recognition when it got a Wikipedia edition in its own Indian Railways. script. In order to replace Industrial gases like Dissolved Radha Mohan Singh urged to Jose Graziano da Silva, Acetylene, LPG, BMCG & Furnace Oil / High Speed the Director General of the United Nations Food & Diesel (HSD) oil with environment friendly Natural Agriculture Organisation (UNFAO) to declare the Gas, Indian Railways signed a MoU with GAIL upcoming year as the ‗International Year of Millets‘. (India) Limited, to provide infrastructure facilities Film actor Shri Akshay Kumar appointed as Road for supply of Natural Gas to Indian Railways Safety Brand Ambassador. Workshops, Production Units & Depots. Supreme Court will have three serving women judges Indian Railways launched ‗Mission Satyanishtha‘ & for the first time, after the Centre cleared the elevation a programme on Ethics in Public Governance, in a of Madras High Court Chief Justice Indira Banerjee. first-of-its-kind event, held at National Rail Museum, The other two judges are R Banumathi, appointed in New Delhi. August 2014, & Indu Malhotra, appointed in April Railways launched its first consolidated Bridge 2018. Notably, SC will have a total of 22 male judges Management System, a web-enabled IT application including two new male appointees. to store data on its one lakh 50 thousand bridges. Iconic Mughalsarai Railway Junction in Uttar Pradesh Centre for Railway Information System (CRIS) renamed as Deen Dayal Upadhyaya Junction Railway developed a mobile-based application ‗utsonmobile'. station. It enables booking & cancellation of unreserved Inland Waterways Authority of India (IWAI) tickets, issue & renewal of season & platform tickets, launched a dedicated portal to connect cargo owners & other features. & shippers with real-time data on the availability of
vessels. The portal has been named as the Forum of OTHERS Cargo Owners & Logistics Operators (FOCAL). NITI Aayog CEO Amitabh Kant announced that India A city college student, Prabhat Koli (19), who crossed will shortly unveil a One Nation-One Card policy for the English Channel when he was 16, has become the public transport that will entail connectivity between first Asian to swim the choppy water from Jersey (an various modes of transport. Island in the UK) to France in cold weather. Minister for Commerce & Industry & Civil Aviation, Shivangi Pathak, who became the youngest Indian Suresh Prabhu launched Coffee Connect - India coffee woman to reach the peak of Mount Everest, added another feather to her cap by scaling Africa's highest peak, Mount Kilimanjaro in 3 days. 44 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Major General VD Dogra became the first serving Commission along with her Vietnamese counterpart, Indian Army officer & the only General across the Pham Binh Minh. She will then visit to Cambodia world to have completed a gruelling ‗Ironman‘ where she will have a bilateral meeting with her competition held in Austria. Cambodian counterpart Prak Sokhonn & also call on Satyarup Siddhanta become the second Indian Prime Minister Hun Sen & President of Senate Say mountaineer after Malli Mastan Babu to climb Mt Ojos Chhum. del Salado, the highest volcano in the world. External Affairs Minister Sushma Swaraj is now in Archaeological Survey of India decided to allow Kyrgyzstan. Here, she met the country's top leaders to photography within the premises of all centrally discuss ways to consolidate its strategic partnership protected monuments/sites. 3 monuments/sites that with India in areas like trade, energy, security & would not be permitted are Ajanta Caves & Leh information technology. Palace having paintings, & Mausoleum of Taj Mahal, PM Modi left on a three-nation visit to Rwanda, Agra. Uganda & South Africa. In the first leg, he will reach An eight-year-old Indian-origin schoolboy Ishwar Rwanda. India will extend two lines of credit of 100 Sharma, who is the under-11 UK national yoga million US Dollars each for agriculture & industrial champion has been named the 'British Indian of the sectors to Rwanda. On second leg he will leave for Year' in the young achiever category for his Uganda where he will call on the President. He will accomplishments in the field. have delegation-level talks & will address Indian Law Commission recommended that gambling & community. In the last leg of his visit, PM Modi will betting on sports, including cricket, be allowed as reach South Africa to attend the 10th BRICS summit regulated activities taxable under the direct & indirect at Johannesburg. tax regimes & used as a source for attracting FDI. India & Uganda signed four MoUs in various fields NITI Aayog‘s Atal Innovation Mission (AIM) selected including the areas of defence, diplomatic ties, 3,000 additional schools for the establishment of Atal cultural exchange & material testing laboratory. The Tinkering Labs (ATLs), bringing the total number of agreements were signed following the delegation-level ATL schools to 5,441. talks between PM Modi & Ugandan President Yoweri Govt. launched 5,000 Wi-Fi Choupals in villages & Museveni in Kampala. delivery of rail tickets through Common Service India & Rwanda signed eight agreements following Centres (CSCs). delegation-level talks between PM Modi & Rwandan Khadi & Village Industries Commission (KVIC) President Paul Kagame in Kigali. Both signed created a world record of distributing the maximum agreements in the fields of Defence, Trade, number of bee-boxes in one day. Agriculture, Leather & allied products & Dairy. Mr Modi became the first Indian PM to visit Rwanda on Person on Visit the first leg of his three-nation tour to Africa. PM of Bhutan Dasho Tshering Tobgay arrived in
President Kovind embarked three-nation tour to New Delhi for a visit to India. During this, he will call Cyprus, Bulgaria & the Czech Republic. He will hold on President Ram Nath Kovind & hold talks with PM talks with the leaders of the three European countries Narendra Modi. to deepen ties. He will hold talks with President of A new integrated state-of-the-art integrated Indian Cyprus Nicos Anastasiades. President visited Czech Visa Application Centre (IVAC) jointly inaugurated Republi & met PM Andrej Babis. India & the Czech by Home Minister Rajnath Singh & his Bangladeshi Republic signed five agreements which are: counterpart Asaduzzaman Khan at Dhaka's Jamuna Cooperation between Council for Scientific & Industrial Future Park. He also inaugurated the Bangladesh- Research, India, & the Czech Academy of Sciences, Visa India Friendship building in Bangladesh Police waiver agreement for diplomatic passport holders, Academy in Sardah. Work plan to support Indo-Czech projects in diverse EAM Sushma Swaraj embarked visit to Manama, to co- areas of science & technology, Cooperation in laser chair the second-High Joint Commission meeting technology & Cooperation between Haryana with her Bahraini counterpart. Agricultural University & the Czech University of Life PM Modi visited Chhattisgarh where he dedicated the Sciences. modernised & expanded Bhilai steel plant to the External Affairs Minister Sushma Swaraj visited nation. He inaugurated Integrated Command & Vietnam & Cambodia, with an aim to deepen India‘s Control Centre at Naya Raipur. He inaugurated strategic cooperation. She will inaugurate the 3rd Raipur-Jagdalpur air service, laid the foundation stone Indian Ocean Conference in Hanoi. In Vietnam, she for the new building of Indian Institute of will co-chair the 16th meeting of the Joint Technology (IIT), Bhilai 45 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 President Kovind left on a three-nation visit to Greece, On her first leg of the tour, she will visit Italy. It will be Suriname & Cuba. He will be at Athens, where he will the first major political exchange between India & Italy meet Greek President Prokopis Pavlopoulos. He will following the swearing- in of Mr Giuseppe Conte as leave for Suriname on the 2nd leg where he will hold Italy‘s new PM. She will be in France on the second leg discussions with President Desire Delano Bouterse. In & will meet her counterpart, Jean-Yves Le Drian in the last leg, he will reach Cuba to hold discussions with Paris to review the bilateral relations. Mrs Swaraj will his Cuban counterpart Miguel Diaz – Canel reach Luxembourg on the 3rd leg & she will be visiting Bermudez. Belgium on the last & 4th leg. External Affairs Minister Sushma Swaraj has left for a 4-nation tour to Italy, France, Luxembourg & Belgium.
Topic 24: Static Take Aways from the Current Affairs of September|August|July|June 2018
International Organizations/Companies in News Secretary-General of SAARC is Amjad Hussain B. Sial. Zurab Pololikashvili is Secretary-General of the World SAARC headquarters in Kathmandu, Nepal. Tourism Organization (UNWTO). Forbes- American Business Magazine, Founded in- UNWTO‘s membership includes 158 countries, 6 1917. Headquarters- New York City, USA. Associate Members and over 500 Affiliate Members. UNEP was founded as a result of United Nations UNWTO Headquarters in Madrid, Spain. Conference on Human Environment in June 1972. It is United Nations Secretary-General- Antonio Guterres, headquartered in Nairobi, Kenya. Headquarters- New York, the USA, Established in- Asian Development Bank is a regional development 1945. Bank established in 1966. Headquarters of ADB is in France's Audrey Azoulay- 11th DG of UNESCO, Manila, Philippines. Takehiko Nakao is Present Headquarters- Paris, France. President. The Shanghai Cooperation Organization (SCO) is an BIMSTEC was formed in 1997 and it brings together eight-member multilateral organization, established on Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar 15 June 2001 in Shanghai, China by the leaders of China, and Thailand. The grouping accounts for 22 per cent of Kazakhstan, Kyrgyzstan, Russia, Tajikistan and the global population. Nepal is the current chair of Uzbekistan. BIMSTEC. Google CEO- Sundar Pichai, Parent organization- BRICS is made up of China, Brazil, Russia, India and Alphabet Inc., Headquarters- the USA. South Africa. In December 2010, China, as the Chair, Established in 1911, Benelli is one of the oldest Italian invited South Africa to join BRIC and attend the motorcycle-manufacturer and has presence in over 60 Summit in Sanya, China. countries such as America, Africa, Europe and Asia United Nations Food and Agriculture Organisation Pacific regions. Headquarters in Rome, Italy. ASEAN stands for Association of Southeast Asian Piyush Gupta is the chief executive officer of DBS. It Nations. headquarters in Singapore. AIBD, established in 1977 under the auspices of Microsoft Corporation is an America Based technology UNESCO, is a unique regional inter-governmental company. CEO- Satya Nadella, Headquarters- organisation and is mandated to achieve a vibrant and Washington DC. cohesive electronic media environment in the Asia- European Bank for Reconstruction and Development is Pacific region. a multilateral development bank set up in 1991 after the Aeolus is the fifth mission in ESA‘s Earth Explorer fall of the Berlin Wall. Suma Chakrabarti is the series and also Arianespace's 50th launch for the President of EBRD. It headquarters in London, UK. European Space Agency. World Customs Organization Headquarters in Brussels, Bond-i is a Blockchain Operated New Debt Instrument. Belgium. Kunio Mikuriya (Japan) is the Secretary- President of the World Bank- Jim Yong Kim. General of WCO. Headquarters of World Bank- Washington, DC. Managing Director of IMF- Christine Lagarde, G20 comprises of total 19 countries plus European Headquarters in- Washington DC, USA. Union (EU), representing 85% of global GDP, 80% of UNEP was founded as a result of United Nations international trade, 65% of the world‘s population. In Conference on Human Environment in June 1972. It is 2008, the first G20 Leaders‘ Summit was held in headquartered in Nairobi, Kenya. Washington DC, US. HSBC Headquarters in London UK.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 ILO is a United Nations agency dealing with labour Odisha CM- Naveen Patnaik, Governor- Ganeshi Lal. problems. Headquarters of ILO is in Geneva, Madhya Pradesh CM- Shivraj Singh Chouhan, Switzerland. Guy Ryder is current Director-General of Governor- Anandiben Patel. the ILO. Meghalaya CM- Conrad Sangma, Governor- Tathagata NASA- National Aeronautics & Space Administration. Roy NASA was founded in 1958. Jim Bridenstine is the 13th Uttarakhand CM- Trivendra Singh Rawat, Governor- Administrator of NASA. Baby Rani Maurya UNHRC is Based in Geneva, Switzerland. It is a body Sardar Sarovar Dam built on river Narmada is the of 47-member states within the United Nations, tasked largest dam in Gujarat state. with upholding human rights. It was created in 2006. Haryana CM- Manohar Lal Khattar, Governor- Sir Craig Reedie is the President of World Anti-Doping Satyadev Narayan Arya Agency (WADA). It Headquarters in Montreal, Canada. UP CM- Yogi Adityanath, Governor - Ram Naik Asian Infrastructure Investment Bank President- Liqun Bihar CM- Nitish Kumar, Governor- Lalji Tandon Jin. AIIB Headquarters in Beijing, China. Chhattisgarh CM- Raman Das, Governor- Balramji Dass United Nations is an international organization founded Tandon. in 24th of October 1945. It is currently made up of 193 Kerala CM- Pinarayi Vijayan, Governor- Palaniswami Member States. The Headquarters of UN: New York, Sathasivam. USA. Antonio Guterres is the Secretary-General of Hirakud Dam built over Mahanadi River is situated in United Nations. Odisha. UNCTAD is the main United Nations body dealing Karnataka CM- HD Kumaraswamy, Governor- with trade, investment, & development issues. Vajubhai Vala. Headquarters of UNCTAD is in Geneva, Switzerland. Jammu & Kashmir Former CM- Mehbooba Mufti, Group of Seven (G7) is a group consisting of Canada, Governor- Satyapal Malik France, Germany, Italy, Japan, the United Kingdom, & Captain Amarinder Singh is the CM of Punjab. the United States. Vijayendrapal Singh Badnore is the Governor of Punjab. World Health Organization is a specialized agency of Chandigarh is the capital of the northern Indian states the United Nations that is concerned with international of Punjab & Haryana. public health. WHO was established on 7th April 1948. Shimla is the capital of Himachal Pradesh. Jai Ram HQ of WHO is in Geneva, Switzerland. Tedros Thakur is the current CM of Himachal Pradesh. Adhanom is Director general of the World Health Acharya Dev Vrat is the Governor of Himachal Pradesh. Organisation. Mamata Banerjee is the current CM of West Bengal. Keshari Nath Tripathi is present Governor of West States| CMs| Governors| Capital| Static General Bengal. Kolkata is the capital of West Bengal. Awareness Rajasthan CM- Vasundhara Raje, Governor- Kalyan Singh. Telangana CM- K Chandrasekhar Rao, Governor- ESL Narasimhan. Andhra Pradesh CM- Chandrababu Naidu, Governor- ESL Narasimhan. Mridula Sinha is the present Governor of Goa. Gujarat CM- Vijay Rupani, Governor- Om Prakash Kohli. Banwarilal Purohit is the present Governor of Tamil Nadu. Assam CM- Sarbanand Sonowal, Governor- Jagdish Mukhi. Baleramji Dass Tandon is the present Governor of Chhattisgarh. Anil Baijal is the present Lt. Governor of Delhi. Naya Raipur is the proposed administrative capital of Chhattisgarh. Maharashtra CM- Devendra Fadnavis, Governor- C Static Facts related to the Ministers
Vidyasagar Rao. Giriraj Singh is the Minister of State (Independent Jharkhand CM- Raghubar Das, Governor- Droupadi Charge) of the Ministry of Micro, Small and Medium Murmu. Enterprises. 47 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Ravi Shankar Prasad is the present Minister of Ganesh Kumar Gupta is the present President of Electronics and Information Technology of India. Federation of Indian Export Organisations (FIEO). FIEO Piyush Goyal is the present Railways Minister of India. headquarters in New Delhi. FIEO was set up in 1965. Prakash Javadekar is the present HRD Minister of India. Chairman of Airports Authority of India is Guruprasad Jual Oram is the Cabinet Minister of Tribal Affairs. Mohapatra. Giriraj Singh is the Minister of State (I/C) of the Sandeep Jajodia is the present President of Assocham. It Ministry of Micro, Small and Medium Enterprises. Headquarters in New Delhi. Jagat Prakash Nadda is the Cabinet Minister of Health Dr Anil Sahasrabudhe is the Chairman of AICTE and and Family Welfare. Chairman of Smart India Hackathon 2019. Jayant Sinha is the present Minister of State in the Competition Commission of India (CCI) was Ministry of Civil Aviation. established on 14th October 2003. It headquarters in Dharmendra Pradhan is the Minister of skill New Delhi. Development and entrepreneurship & Petroleum and Established in 1927, FICCI is the largest & oldest apex Natural Gas. business organisation in India. Dilip Chenoy is the Nitin Jairam Gadkari is the present Minister of Shipping present Secretary-General of industry body Federation of India. of Indian Chambers of Commerce & Industry (FICCI). Dr. Harsh Vardhan is the Minister, for Science & Ashwani Lohani is the present Chairman of Railway Technology and Earth Sciences, Environment, Forest Board. and Climate Change. Mr Kamlesh Nilkanth Vyas is the present Director of Ashwani Lohani is the present Chairman of Indian BARC. BARC Headquarters in Mumbai. Railways. Dr. Vijay Pingale is the Private Secretary of Department Col. Rajyavardhan Singh Rathore is the Minister of State of Industrial Policy and Promotion. DIPP was (I/C) of the Ministry of Youth Affairs and Sports. established in 1995. Narendra Singh Tomar is the Minister of Mines. Ramesh Abhishek is the Secretary of Department Of Uma Bharati is the Minister of Drinking Water and Industrial Policy & Promotion. Sanitation. Mr Piyush Goyal is the Minister of Corporate Affairs. Static Facts related to the Banks & Businesses Maneka Sanjay Gandhi is the Union Minister for IPPB has been incorporated as a public sector company Women and Child Development. under the Department of Posts with 100% government Radha Mohan Singh, Hon'ble Minister of Agriculture. equity and is governed by the Reserve Bank of India. The Ministry of Agriculture & Farmers Welfare Suresh Kumar Sethi is the Managing Director & CEO of (formerly Ministry of Agriculture), a branch of the IPPB. Government of India. Suresh Kumar Sethi is the Managing Director & CEO of IPPB. Static Facts related to the Organizations SBI Chairman- Rajnish Kumar, Headquarters- Mumbai, Indian Tsunami Early Warning Centre (ITEWC), based Established on- 01st July 1955. out of the Indian National Centre for Ocean Information Urjit Patel- 24th Governor of RBI, Headquarters- Services (INCOIS), Hyderabad, is an autonomous Mumbai, Established on- 1st April 1935, in Kolkata. institution under the Union Ministry of Earth Sciences. HDFC ERGO is a non-life insurance provider in the NITI- National Institution for Transforming India. private sector. It headquarters in Mumbai. NITI Aayog Vice-Chairman- Rajiv Kumar, CEO- NABARD Chairman- Harsh Kumar Bhanwala, Amitabh Kant. Headquarters- Mumbai, Established on- 12 July 1982. M.S. Boje Gowda is the present chairman of Coffee Director Anupam Shrivastava is the present Chairman Board of India. It headquarters in Bengaluru, Karnataka. and Managing Director of BSNL National Archives of India is an Attached Office under Axis Bank Headquarters in Mumbai. Shikha Sharma is the Ministry of Culture. It was established on 11 March the present CEO and Managing director of Axis Bank. 1891. United India Insurance Company headquarters in Dr. Indu Bhushan is the CEO of National Health Chennai, Tamil Nadu. Agency (NHA). Anupam Pahuja is the MD of PayPal India. Dr. Dinesh Tyagi is the CEO of Common Service HDFC Bank- India‘s largest private bank by market Centres-Special Purpose Vehicles (CSC-SPV). capitalization. HDFC Bank Chairman- Aditya Puri, Nutan Guha Biswas is the chairperson of IWAI. Headquarters- Mumbai. R.S.Sharma is the present Chairman Telecom HSBC Headquarters in London UK. Surendra Rosha is Regulatory Authority of India. the Chief Executive Officer of HSBC India. NGT Chairman: A K Goel, Headquarters: New Delhi. Vijaya Bank Headquarters in Bengaluru. Bajaj Allianz Headquarters in Pune. 48 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Samit Ghosh is the Managing Director & CEO of Ujjivan IRDAI is in Hyderabad. Subhash Chandra Khuntia is Small Finance Bank Ltd. It Headquarters in Bengaluru, Chairman of IRDAI. Karnataka. BSNL was incorporated on 15th September 2000. RXIL is a TReDS platform operating since January 2017 Headquarters of BSNL is in New Delhi. Anupam and is promoted by the National Stock Exchange, Small Shrivastava is the Chairman & Managing Director and Industries Development Bank of India, State Bank of Director of BSNL. India, ICICI Bank and Yes Bank. RBL Bank Headquarters: Mumbai, MD & CEO: Sunil Mehta is the CEO of Punjab National Bank. It Vishwavir Ahuja, Founded: August 1943. headquarters in New Delhi. Exim Bank Headquarters in: Mumbai, Founded in: 1982, Singapore was the largest source of FDI during April to CEO- Shri Yaduvendra Mathur. June quarter with 6.52 billion dollars. Muthoot Fincorp Ltd. is the flagship company of Sameer Kumar Khare is the Joint Secretary in the Muthoot Pappachan Group & is one of the largest Ministry of Finance. NBFCs in India, registered with RBI. Thomas John Exim Bank Headquarters in: Mumbai, Founded in: 1982. Muthoot is the Group Chairman & MD of Muthoot CEO of Airtel Payments Bank- Anubrata Fincorp. HQ: Kochi, Kerala. Biswas|Headquarters of Airtel Payments Bank- New RBI's Deputy Governor- NS Vishwanathan, Viral V Delhi Acharya, BP Kanungo & newly appointed MK Jain. IBHFL is India‘s 2nd largest Housing Finance Company. Other Miscellaneous Static Facts Sameer Gehlaut is the Chairman of Indiabulls Group To bring down stunting of children in the age group of since inception. Indiabulls Real Estate Ltd (IBREL) 0-6 years from 38% to 25% by 2022, POSHAN started in the year 2005. Abhiyaan- the National Nutrition Mission was BSE is Indian stock exchange located at Dalal Street, launched by PM Narendra Modi on March 8th this year Mumbai. It was established in 1875, making it Asia‘s in Jhunjhunu, Rajasthan. first stock exchange. Securitisation and Reconstruction of Financial Assets IndiaFirst Life Insurance Company Limited and Enforcement of Securities Interest Act, 2002 (also headquarters in Mumbai, Maharashtra. known as the SARFAESI Act) is an Indian law. It allows Bank of China (BOC) headquarters in Beijing. BOC was banks and other financial institution to auction formally established in February 1912. Chen Siqing is residential or commercial properties to recover loans. the Chairman of BOC. National Board of Accreditation (NBA) is an Yes Bank MD and CEO- Rana Kapoor. Head office of autonomous organisation under Ministry of HRD Yes Bank- Mumbai. engaged in quality assurance of the programs offered ICICI Bank stands for Industrial Credit and Investment by the professional and technical institutions in India Corporation of India. Headquarters of ICICI Bank: through accreditation. Mumbai. NITI- National Institution for Transforming India. NITI Sandeep Bakhshi is the present whole-time director and Aayog Vice-Chairman- Rajiv Kumar, CEO- Amitabh chief operating officer (COO) of ICICI Bank. Kant. SEBI- Securities and Exchange Board of India. SEBI IMPRINT is the first of its kind government-supported Chairman- Ajay Tyagi, Headquarters- Mumbai. initiative to address the major science and engineering Dhanlaxmi Bank Headquarters in Thrissur, Kerala. challenges that India must address and champion to IDBI Bank Headquarters in Mumbai. B Sriram was enable, empower and embolden the nation for inclusive appointed as the IDBI Bank's CEO and Managing growth and self-reliance. Director recently. Rashtriya Uchchatar Shiksha Abhiyan (RUSA) is a S Srinivasan is the MD and CEO of Federal Bank. It Centrally Sponsored Scheme (CSS), launched in 2013 headquarters in Kochi, Kerala. aims at providing strategic funding to eligible state Invest India is the official Investment Promotion and higher educational institutions. Facilitation Agency of the Government of India, Venkaiah Naidu is the Chairperson of Rajya Sabha. mandated to facilitate investments in the country. Admiral Sunil Lanba is the Present chief of Naval Staff. Deepak Bagla is the MD and CEO Invest India. Air Chief Marshal DS Dhanoa is the present chief of Pramod Kabra is the Chairman of Fincare Small Finance Airforce Staff. Bank. The Corporate Office of Fincare Small Finance INS Vikramaditya is 284 metres long and 60 metres high Bank is in Bengaluru. The registered office of Fincare that's about as high as a 20-storeyed building. The ship Small Finance Bank is in Ahmedabad. weighs 40,000 tonnes and is the biggest and heaviest IRDAI stands for Insurance Regulatory and ship in the Indian Navy. Development Authority of India. Headquarters of Air Chief Marshal Birender Singh Dhanoa is the present Chief of Air Staff. 49 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 DRDO Headquarters in: New Delhi, Founded in: 1958. ‗mixed‘ category. Khangchendzonga Biosphere Reserve MPEDA is a nodal coordinating state-owned agency in Sikkim is one of the highest ecosystems in the world, engaged in fishery production and allied activities. It reaching elevations of 1, 220 metres above sea-level. was established in 1972 under Marine Products Export Development Authority Act (MPEDA), 1972. Countries| Capital| Currencies | David Richardson is the CEO of International Cricket Netherlands Capital: Amsterdam, Currency: Euro and Council. ICC Headquarters in Dubai, the UAE. USD. SAIL Headquarters- New Delhi, Founded in- 1954. Khadga Prasad Sharma Oli is the current Prime Ordnance Factory Board Headquarters in Kolkata, West Minister of Nepal. Bidhya Devi Bhandari is the current Bengal. President of Nepal and commander in chief of Nepalese Dr K Sivan is Chairman of ISRO. ISRO stands for Indian Army. The Nepalese Rupee is the currency of Nepal. Space Research Organization. Headquarters of ISRO- Bangladesh PM- Sheikh Hasina, Capital- Dhaka, Bengaluru, Karnataka. Currency- Bangladeshi Taka. Sudeep Lakhtakia is the present Director General of Cyprus Capital: Nicosia, Currency: Euro. NSG. Bulgaria Capital: Sofia, Currency: Bulgarian lev. Archaeological Survey of India (ASI) is a Government of Czech Republic Capital: Prague, Currency: Czech India (Ministry of Culture) organisation responsible for koruna. archaeological research and the conservation and Ukraine Capital: Kiev, Currency: Ukrainian hryvnia. preservation of cultural monuments in the country. It Kazakhstan Capital: Astana, Currency: Kazakhstani was founded in 1861 by the British Raj. tenge. Aruna Sundararajan is the chairman of Telecom Pakistan Capital: Islamabad, Prime minister: Imran Commission. Manoj Sinha is the Minister of State (I/C) Khan, Currency: Pakistani rupee. of the Ministry of Communications. Bulgaria Capital: Sofia, Currency: Bulgarian lev. Indian Council of World Affairs (ICWA) is an Indian Turkey Capital- Ankara, Currency- Turkish lira, think tank founded in 1943. It Headquarters in New President- Recep Tayyip Erdogan. Delhi. Sri Lanka Capitals: Colombo, Sri Jayawardenepura Wholesale inflation rate, measured by Wholesale Price Kotte, Currency: Sri Lankan rupee, President: Index (WPI), is a marker for price movements in bulk Maithripala Sirisena. buys for traders and broadly mirrors trends in shop-end South Korea Capital- Seoul, Currency: South Korean prices. won. Ayurveda, Yoga and Naturopathy, Unani, Siddha and Canada Currency: Canadian dollar, Capital: Ottawa. Homoeopathy is abbreviated as AYUSH. Donald Trump is the 45th President of the USA. Mob Lynching is an act to punish (a person) without Washington DC is the capital city of USA. legal process or authority, especially by hanging, for a Germany Capital: Berlin, Currency: Euro, Chancellor: perceived offence or as an act of bigotry. Angela Merkel. Winter Olympics will be held in Beijing, China in 2022. France President: Emmanuel Macron, Capital: Paris, ONGC is the world‘s second largest exploration and Prime minister: Edouard Philippe, Currency: Euro, CFP production (E&P) company. Chairman & Managing franc. Director- Shashi Shanker. Registered Office- New Delhi. Japan Capital- Tokyo, Currency- Japanese yen, PM- The STA-1 list currently comprises 36 countries in total. Shinzo Abe. India is the only South Asian country to feature on the UK Capital- London, Currency- Pound sterling, Prime list. Other Asian countries designated as STA-1 include Minister- Theresa May. Japan and South Korea. Zimbabwe got independence from Britain in 1980. Russia is the host country for FIFA World Cup 2018. Harare is the Capital city of Zimbabwe. Qatar will host the next FIFA World Cup in 2022. Suva is the capital city of Fiji. Vinai Kumar Saxena is the Chairman of KVIC. Saudi Arabia Capital: Riyadh, Currency: Saudi riyal. Indian Navy regularly conducts CORPATs with Thailand Capital: Bangkok, Currency: Thai baht. Indonesia, Thailand & Myanmar. Colombian Capital: Bogota, Currency: Colombian peso. BCCI President- C.K. Khanna, Headquarters- Mumbai. Australia Capital- Canberra, Currency- Australian Ashok Lavasa & Sunil Arora are Election Commissioner dollar. of India. Om Prakash Rawat is present Chief Election Halimah Yacob is the Present President of Singapore. Commissioner of India. Vietnam Capital: Hanoi, Currency: Vietnamese dong. Kanduri Jayaram Ramesh is Director General of IMD. Cambodia Capital: Phnom Penh, Currency: Cambodian The head office of IMD is in New Delhi. riel. The core zone – Khangchendzonga National Park was Iran Capital: Tehran, Currency: Iranian rial, President: designated a World Heritage Site in 2016 under the Hassan Rouhani. 50 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Qatar Capital- Doha, Currency- Qatari riyal. Mongolia Capital- Ulaanbaatar, Currency- Mongolian Mali Capital: Bamako, Currency: West African CFA togrog. franc. Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. Paraguay Capital: Asuncion, Currency: Paraguayan Seychelles Capital: Victoria, Currency: Seychellois guarani. rupee. Mauritius Capital: Port Louis, Currency: Mauritian Israel Capital- Jerusalem, Currency- Israeli new shekel, rupee. PM- Benjamin Netanyahu. Mexico Capital- Mexico City, Currency- Mexican peso. Indonesia Capital- Jakarta, Currency- Indonesian Austria Capital: Vienna, Currency: Euro. rupiah, President- Joko Widodo. Bhutan Capital- Thimphu, Currency- Indian Rupee, North Korea Capital- Pyongyang, Currency- North Bhutanese ngultrum. Korean won, Supreme Leader- Kim Jong-un. Taipei is the capital city of Taiwan. Its currency is New Greece Capital- Athens, Currency- Euro, President- Taiwan dollar. Prokopis Pavlopoulos. Manama is the capital city of Bahrain. Bahraini dinar is Suriname Capital- Paramaribo, Currency- Surinamese the currency of Bahrain. dollar, President- Desire Delano Bouterse. Russia Capital- Moscow, Currency- Russian ruble, Cuba Capital- Havana, Currency- Cuban Peso, President- Vladimir Putin. President-Miguel Diaz-Canel Bermudez. Serbia Capital: Belgrade, Currency: Serbian dinar. Jordan Capital- Amman, Currency- Jordanian dinar. Oman Capital: Muscat, Currency: Omani rial Georgia Capitals- Tbilisi, Kutaisi, Currency- Georgian Capital of Ghana: Accra, Currency: Ghanaian cedi. lari President- Giorgi Margvelashvili. South Africa President: Cyril Ramaphosa, Currency- Italy Capital- Rome, Currency- Euro. South African rand. Luxembourg Capital- Luxembourg City, Currency- Indonesia Capital- Jakarta, Currency- Indonesian Euro. rupiah. Spain Capital- Madrid, Currency- Euro. The UAE Capital- Abi Dhabi, Currency- UAE dirham. Egypt Capital- Cairo, Currency- Egyptian pound. Tajikistan Capital- Dushanbe, Currencies- Tajikistani somoni, Ruble.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Part 2: Banking Awareness Capsule for IBPS RRB PO | Clerk Mains Exam 2018 Part 2: Banking Awareness Capsule for IBPS RRB PO | Clerk Mains Exam 2018 ...... 52 Internal Ombudsman Scheme 2018 Introduced For Scheduled Commercial Banks ...... 53 Union Budget 2018-19: A Complete Analysis ...... 53 Topic 1: Reserve Bank of India & its Functions ...... 56 Topic 2: POLICY RATES decided by the RBI ...... 57 Topic 3: Banking Regulation Act 1949|Schedule Banks| Other Types of Banks ...... 57 Topic 4: What are the different types of accounts that can be opened in a Bank? ...... 57 Topic 5: Negotiable Instrument Act and Cheques ...... 58 Topic 6: Financial Inclusion and the initiatives launched to achieve it ...... 59 Current Status of the Pradhan Mantri Jan - Dhan Yojana as on 4th July 2018 ...... 60 Topic 7: All about the Priority Sector Lending Norms ...... 60 Topic 8: Financial Market| Important Points on Money Market, Capital Market & their Instruments ...... 62 Topic 9: All about the DICGC (Deposit Insurance & Credit Guarantee Corporation of India) ...... 64 Topic 10: NPAs & SARFAESI Act ...... 64 Topic 11: A Brief on ATMs in India ...... 65 Topic 12: Currency System in India...... 65 Topic 13: A close look at the Prompt Corrective Action (PCA) ...... 66 Topic 14: All about the Products of NPCI ...... 66 Topic 15: Small Finance Banks & its Headquarters ...... 67 Topic 16: Payments Banks & its Headquarters ...... 67 Topic 17: What are the Risks in Banking Sector? ...... 68 Topic 18: What are the BASEL-3 Norms & a brief on the 3 Pillars of Basel? ...... 68 Topic 19: Most Important Miscellaneous Banking Terms ...... 69 Topic 20: How the amount can be transferred from one Bank A/c to the other? ...... 70 Topic 21: What are the types of Accounts that can be opened by Foreign (Person) in India? ...... 70 Topic 22: A Brief on CAMELS rating for Domestic Banks? ...... 71 Topic 23: BANKING OMBUDSMAN SCHEME 2006 ...... 71 Topic 24: NBFC OMBUDSMAN SCHEME ...... 71 Topic 25: What is Base Rate, MCLR & Other rates of Lending? ...... 72 Topic 26: What is Reverse Mortgage Loan? ...... 72 Topic 27: What is Hypothecation & Pledge? ...... 73 Topic 28: What is NBFC & how it differs from Banks?...... 73 Topic 29: What are the types of Money? ...... 74 Topic 30: What are the Different types of Banking? ...... 74 Topic 31: What are the important codes that are used in Banking? ...... 74 Topic 32: Important Banking Abbreviations ...... 75 Topic 33: The HQ of NATIONALIZED/PSBs BANKS ...... 76 Topic 34: Financial Regulations | Institutions | Organizations...... 76 Topic 35: Important Financial Schemes of the Government ...... 77 Topic 36: List of Mergers in the Indian Banking Industry ...... 77 Topic 37: What are the Sectors in the Indian Economy? ...... 78 Topic 38: A Brief on Printing & Minting of Currencies in India ...... 78 Topic 39: What is the Mudra Scheme? ...... 79 Topic 40: Headquarters of the International Financial Organizations ...... 79 Topic 41: Important Financial, Economics & Budget Terms ...... 79 Topic 42: Major Controls/Schemes introduced in Banking Sector from 1968 ...... 80 Topic 43: History of Banking Sector in India ...... 81 Topic 44: Important Financial Abbreviations Part 2 ...... 82 Topic 45: Miscellaneous Banking Terms ...... 82 52 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018
Internal Ombudsman Scheme 2018 Introduced For Scheduled Commercial Banks The Reserve Bank of India had, in May 2015, advised wholly rejected by the bank. The implementation of IO all public-sector and selected private and foreign Scheme, 2018 will be monitored by the bank‘s internal banks to appoint Internal Ombudsman (IO) as an audit mechanism apart from regulatory oversight by independent authority to review complaints that were RBI. partially or wholly rejected by the respective banks. 21 Banking Ombudsman centres: The IO mechanism was set up with a view to Currently, there are 21 Banking Ombudsman centres strengthen the internal grievance redressal system of operating in the country. The 21 centres are located in banks and to ensure that the complaints of the different cities viz. Ahmedabad, Bengaluru, Bhopal, customers are redressed at the level of the bank itself Bhubaneswar, Chandigarh, Chennai, Guwahati, by an authority placed at the highest level of bank‘s Hyderabad, Jaipur, Kanpur, Kolkata, Mumbai (I), grievance redressal mechanism so as to minimize the Mumbai (II), New Delhi (I), New Delhi (II), Patna, need for the customers to approach other fora for Thiruvananthapuram, Dehradun, Ranchi, Raipur, and redressal. Jammu. RBI has reviewed the arrangement and issued revised directions under Section 35 A of the Banking RBI Notifies Amended Note Refund Rules Regulation Act, 1949 in the form of ‗Internal RBI released new guidelines through a gazette notification Ombudsman Scheme, 2018‘. The Scheme covers, inter- for all notes which were introduced post note ban, or notes alia, appointment/tenure, roles and responsibilities, which were introduced as part of the Mahatma Gandhi procedural guidelines and oversight mechanism for New Series. With this, the RBI has ended the lack of the IO. clarity over the exchange of the Rs 2000 or Rs 200 currency All Scheduled Commercial Banks in India having notes, introduced post demonetisation. As per the new more than ten banking outlets (excluding Regional Reserve Bank of India (Note Refund) Amendment Rules, Rural Banks), are required to appoint IO in their 2018, "the undivided area of the single largest piece of the banks. The IO shall, inter alia, examine customer note" for a damaged Rs 2000 note must be 88 square cm for complaints which are in the nature of deficiency in a full refund, and 44 square cm for half refund. The Rs service on the part of the bank, (including those on the 2000 note is 109.56 square cm in dimension. For a grounds of complaints listed in Clause 8 of the damaged Rs 200 note, the criteria is 78 square cm for a full Banking Ombudsman Scheme, 2006) that are partly or refund, and 39 square cm for half refund.
Union Budget 2018-19: A Complete Analysis Finance Minister Arun Jaitley presents the Union Budget Agricultural corpus worth Rs 2000 crore will be set up. 2018-19 on 1st February 2018. In his speech he said that, 470 APMCs have been connected to eNAM network, "When our government took over, India was part of the rest to be connected by March 2018. "fragile five," but now are now the fastest growing A fund for the fishery, aquaculture development & economy of the world. He also said that Indian economy is animal husbandry will be set up with a total corpus to a $2.5 trillion economy. India is expected to become the be Rs 10,000 crore. We will also allocate Rs 1290 crore fifth largest economy very soon. for a bamboo mission, as it is green gold. In all, we are providing Rs 10 lakh crore to Rs 11 lakh Agriculture & Rural Economy crore as credit for agricultural activities. The government will set up a fund of Rs 2,000 crore for Ujjwala Yojana, the free LPG connection scheme developing agricultural markets. expanded to eight crore households. MSP for Kharif cost will be 1.5 times the cost of Six crore toilets have been built already, & in the next production. year, two crore additional toilets will be constructed. The government will develop 22,000 Gramin The government will provide 4 crore electricity agricultural markets. connections to the poor under Saubhagya Yojana. The cluster-model approach will be adopted for Kisan credit card to be extended to fisheries,animal agricultural production. husbandry farmers. Allocation in food production sector doubled to Rs 1400 The government will establish a dedicated affordable crore. housing fund. Minimum Support Price shall be increased by 1.5 times. Loans to self-help groups will increase to Rs75,000 Operation Green will be launched for agriculture & the crore. Minister allocates Rs500 crore for this. 53 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Govt. allocated Rs5,750 crore to National Livelihood EPF contribution has been reduced to 8% for the first 3 Mission & Rs2,600 crore to the groundwater irrigation years of employment & 12% government contribution scheme. to EPF in sectors employing a large number of people, however, there will be no changes in employer Education, Health & Social Protection contribution. Outlay on health, education & social protection will be 1.38 lakh crore. Infrastructure & Financial Sector Development By 2022, every block with more than 50% ST population Increase of budgetary allocation on infrastructure for & at least 20,000 tribal people will have 'Ekalavya' 2018-19 to Rs.5.97 lakh crore school at par with Navodaya Vidyalas. Under the Bharatmala Pariyojana, about 35000 kms A major initiative named Revitalising Infrastructure & road construction in Phase-I at an estimated cost of Systems in Education (RISE) to be launched by 2022 Rs.5,35,000 crore has been approved. with a total investment of Rs.1,00,000 crore in next four years. Railways Government will launch the Prime Minister‟s Research Railways Capital Expenditure for the year 2018-19 has Fellows (PMRF)‟‟ Scheme this year. been pegged at Rs.1,48,528 crore. Allocation on National Social Assistance Programme 600 railway stations to be redeveloped. this year has been kept at Rs. 9975 crore. Over 3600 km railway track renovation targeted in the Govt. is launching a new national health protection current year. scheme – Rashtriya Samaj Beema Yojana. This will have In Railways, 18,000 kms of doubling of tracks would 50 crore beneficiaries & 10 crore families will get 5 lakh eliminate capacity constraints. per year for their families to cover secondary & tertiary We are moving towards optimum electrification of the hospital expenses. This is the world's largest railway. Over 3,600 km of track renewal is being government-funded healthcare program. targeted in 2018-19. A Rs 600 crore corpus is being set up to help 150 km additional suburban railway network at the cost Tuberculosis patients. This will build a new India in of Rs. 40,000 cr. 2022 & enhance productivity & will also generate lakhs Rs 11,000 crore is being allocated for Mumbai Suburban of jobs for women. Railways. PM Jeevan Beema Yojana benefitted more than 2 crore Proposal for railway university in Vadodara. families. Rs. 17,000 crore is being set aside for Bengaluru Metro. Jan Dhan Yojana will be extended to all 60 crore bank Govt. to eliminate over 4,267 unmanned level crossings accounts. in the next two years. Rs 1200 crores allocated for the National Health Policy, All railway stations & trains will have WiFi & 150 2017, which with 1.5 lakh Health & Wellness Centres kilometres of additional suburban corridors in being will bring health care system closer to the homes of planned. people. Government will be setting up 24 new Government Medical Colleges & Hospitals. All 4465 Ganga Grams – villages on the bank of river - have been declared open defecation free.
Medium, Small & Micro Enterprises (MSMEs) & Employment Rs. 3794 crores provided for giving credit support, capital & interest subsidy & for innovations. Target of Rs.3 lakh crore for lending under MUDRA for 2018-19.
Employment Generation Finance Minister cited an independent study as showing that 70 lakh formal jobs will be created this year. An outlay of Rs.7148 crore for the textile sector in 2018- 19.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Air Transport Number of Effective Tax Payers has increased from 6.47 Airport capacity to be hiked to handle 1 billion trips per crore at the beginning of Financial year 2014-15 to 8.27 year. crore at the end of 2016-17. UDAN will connect 56 unserved airports & 36 Proposed 100 percent deduction to companies unserved heliports. registered as Farmer Producer Companies with an As per the FM, The Airport Authority of India has 124 annual turnover upto Rs. 100 crores on profit derived airports. from such activities, for a period of five years from financial year 2018-19. Finance & Digital Economy Payments exceeding Rs. 10,000 in cash made by trusts Government will establish a unified authority for & institutions shall be disallowed & would be subject to regulating all financial services in International Finance tax. Service Centre (IFSCs) in India. Long Term Capital Gains exceeding Rs. 1 lakh to be NITI Aayog will initiate a national program to direct taxed at the rate of 10 percent, without allowing any efforts in artificial intelligence. indexation benefit. Department of Science & Technology will launch a Proposed to introduce a tax on distributed income by Mission on Cyber Physical Systems equity oriented mutual funds at the rate of 10 percent Allocation on Digital India programme increased to Rs Proposed to increase the cess on personal income tax & 3073 crore in 2018-19 corporation tax to 4 percent from the present 3 percent. Proposed to set up five lakh wi-fi hotspots to provide It will be called the ―Health & Education Cess‖. net connectivity to five crore rural citizens. Increase customs duty on mobile phones from 15 Rs. 10000 crores allocated in 2018-19 for creation & percent to 20 percent, on some of their parts & augmentation of Telecom infrastructure. accessories to 15 percent & on certain parts of televisions to 15 percent. Disinvestment Customs duty is proposed to be reduced on raw Finance Minister announced that 2017-18 disinvestment cashew from 5 percent to 2.5 percent, to help the target of Rs. 72,500 crores has been exceeded & cashew processing industry. expected receipts of Rs.1,00,000 crore. Proposed to change the name of the Central Board of Disinvestment target of Rs. 80,000 crores for 2018-19. Excise & Customs (CBEC) to the Central Board of Three Public Sector Insurance companies- National Indirect Taxes & Customs (CBIC). Insurance Co. Ltd., United India Assurance Co. Ltd., & Deduction of 30 percent on emoluments paid to new Oriental India insurance Co. Ltd., will be merged into a employees Under Section 80-JJAA to be relaxed to 150 single insurance entity. days for footwear & leather industry, to create more A comprehensive Gold Policy will be formulated to employment. develop gold as an asset class No adjustment in respect of transactions in immovable To celebrate the 150 Birth Anniversary of Mahatma property where Circle Rate value does not exceed 5 Gandhi an amount of Rs.150 crore set aside for the percent of consideration. activities leading to the commemoration programme. Standard Deduction of Rs. 40,000 in place of present exemption for transport allowance & reimbursement of Fiscal Management, Direct & Indirect Taxes miscellaneous medical expenses. 2.5 crore salaried Budget Revised Estimates for expenditure in 2017-18 employees & pensioners to benefit. are Rs.21.57 lakh crore (net of GST compensation Introduce a tax on distributed income by equity transfers to the States) as against the Budget Estimates oriented mutual fund at the rate of 10%. of Rs.21.47 lakh crore. FM projected a Fiscal Deficit of 3.3% of GDP for the Relief to Senior Citizens proposed in the Budget year 2018-19. Exemption of interest income on deposits with banks & Revised Fiscal Deficit estimates for 2017-18 were put at post offices to be increased from Rs. 10,000 to Rs. Rs. 5.95 lakh crore at 3.5% of GDP. 50,000. Proposed acceptance of key recommendations of the Benefit also available for interest from all fixed deposit Fiscal Reform & Budget Management Committee to schemes & recurring deposit schemes. bring down Central Government’s Debt to GDP ratio to Hike in deduction limit for health insurance premium 40%. and/ or medical expenditure from Rs. 30,000 to Rs. Growth of direct taxes in financial year 2016-17 was 50,000 under section 80D. 12.6 percent, & for financial year 2017-18 (upto 15th Jan, Increase in deduction limit for medical expenditure for 2018) is 18.7 percent. Buoyancy in personal income tax certain critical illness from Rs. 60,000 (in case of senior for financial year 2017-18 (RE) is 2.11. citizens) & from Rs. 80,000 (in case of very senior 55 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 citizens) to Rs. 1 lakh for all senior citizens, under The government announced AMRUT program to focus section 80DDB. on water supply to all households in 500 cities. Water Proposed to extend Pradhan Mantri Vaya Vandana supply contracts for 494 projects worth 19,428 crores Yojana up to March, 2020. Current investment limit will be awarded. proposed to be increased to Rs. 15 lakhs from the 24 Public Sector Units to be divested. existing limit of Rs. 7.5 lakh per senior citizen. The government will involve a scheme to assign every enterprise a unique ID just like Aadhaar. Other Important Highlights from the Budget The Department of Investment & Public Asset To make the villages open defecation free & improving Management will come up with debt Exchange Traded the lives of villagers, FM announced the launch of Fund. Galvanizing Organic Bio-Agro Resources Dhan National Logistics Portal as a single online window will (GOBAR-DHAN). link all stakeholders, to be developed by Department of 2600 crore allocated under Prime Minister Krishi Commerce. Sinchai Yojna to provide assured irrigation in 96 Salaries of President, VP & Governors will be increased. deprived irrigation districts Rs. 5 lakhs for President, Rs 4.0 lakh for VP & Rs 3.5 Allocation of Rs 1,34,572 crore has been made for the lakh for governors. Salaries of Members of Parliament transport sector while the efforts to develop disaster will also be raised. resilient infrastructure is being given a push with an A new law will be introduced that will automatically allocation of Rs. 60 crores in 2018-19. revise MPs' emoluments every five years, indexed to Total earmarked allocation for SCs in 279 programmes inflation. increased to Rs. 56,619 crores & for STs in 305 Government to set up two industrial defence industrial programmesto Rs. 39,135 crores for 2018-19. development corridors in 2018-19. Under the Smart City mission, 99 cities selected with Estimates 1.38 trillion rupees expenditure on health, the outlay of Rs. 2.04 lakh crores. education & social security. Railway capital expenditure set at 1.49 trillion rupees for 2018/19.
Topic 1: Reserve Bank of India & its Functions i. RBI established on April 1, 1935 under RBI Act 1934 Controller of Banks: An entity which is to conduct (recommendations of John Hilton Young Commission banking business in India has to obtain license from 1926 – called Royal Commission on Indian Currency & RBI. It acts as controller of banks by including the Finance), is the central bank of the country & was banks in 2nd Schedule of the Act. It issues directions, nationalized w.e.f Jan 01,1949. carries inspection (on-site as well as off-site) & exercises ii. Originally it was a shareholders‘ bank which was taken management control. over by the Central Govt. under Reserve Bank (Transfer Controller of credit: RBI can fix interest rates of Public Ownership) Act 1948 (paid up capital Rs. 5 (including Bank Rate) & exercise selective credit cr). controls. Various tools such as change in cash reserve iii. RBI‘s central office is in Mumbai. ratio, stipulation of margin on securities, directed credit Functions of RBI guidelines etc. are used for this purpose. It also carries Issuance of currency: RBI is the authority in India to sale & purchase of securities which are known as open issue currency notes (called bank notes) under market operations. signatures of Governor. (One rupee note called Maintenance of external value: RBI is responsible also currency note is issued by the Central Govt. & signed for maintaining external value of Indian currency as by Finance Secretary). The stock of currency is well as the internal value. Foreign exchange reserves distributed with the help of currency chests spread all are held by RBI & it has a wide power to regulate over the country. foreign exchange transactions under Foreign Exchange Banker to Govt.: RBI transacts govt. business & Management Act. manages public debt. SBI or any other bank is appointed Agent where RBI does not have office. It Important Facts of RBI provides Ways & Means advances to Govt. RBI is not expected to perform the function of accepting Bankers‘ bank: It keeps a part of deposits of deposits from the general public. commercial banks (as CRR) & acts as lender of last Prime lending rate is decided by the individual banks. resort by providing financial assistance to banks. It RBI decides the following rates namely; Bank rate, repo provides export credit refinance, Liquidity Adjustment rate, reverse repo rate & cash reserve ratio. Facility & MSF.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 The quantitative instruments of RBI are – bank rate GOI decides the quantity of coins to be minted. policy, cash reserve ratio & statutory liquidity ratio. The method which is used currently in India to issue The objective of monetary policy is to control inflation; currency note – minimum reserve system. For issuing discourage hoarding of commodities & encourage flow notes, RBI is required to hold the minimum reserves of of credit into neglected sector. Rs. 200 crores of which note less than Rs. 115 crores is When RBI is lender of the last resort, it means that RBI to be held in gold. advances credit against eligible securities.
Topic 2: POLICY RATES decided by the RBI
Current Policy rates as on 13th September 2018 Bank Rate: It is defined in Sec 49 of RBI Act 1934 as the Policy Repo Rate : 6.50% ‗standard rate at which RBI is prepared to buy or Reverse Repo Rate : 6.25% rediscount bills of exchange or other commercial papers Bank Rate : 6.75% eligible for purchase under this act‘. Marginal Standing Facility Rate: 6.75% Cash Reserve Ratio: CRR refers to the ratio of bank‘s CRR : 4% cash reserve balances with RBI with reference to the SLR : 19.5% bank‘s net demand & time liabilities to ensure the Repo Rate: Repo rate is the rate of interest which is liquidity & solvency of the scheduled banks. levied on Short-Term loans taken by commercial banks MSF: It was introduced w.e.f. May 09, 2011, by RBI. from RBI. Whenever the banks have any shortage of Eligibility: Scheduled Commercial Banks having funds they can borrow it from RBI. Current Account & SGL Account with RBI. Amount: Reverse Repo Rate: This is exact opposite of Repo rate. 1% of NDTL Reverse repo rate is the rate at which commercial banks charge on their surplus funds with RBI. RBI uses this A Brief on LAF (Liquidity Adjustment Facility) tool when it feels there is too much money floating in It was introduced by RBI during June, 2000 in phases, the banking system. to ensure smooth transition & keeping pace with SLR Rate: Statutory Liquidity Ratio is the amount a technological upgradation. commercial bank needs to maintain in the form of cash, Tenor: Reverse Repo auctions (for absorption of or gold or Govt. approved securities (Bonds) before liquidity) & Repo auctions (for injection of liquidity) are providing credit to its customers. It is determined as the conducted on a daily basis (except Saturdays). %age of total Net Demand & Time Liabilities (NDTL). Cap: 0.25% of NDTL w.e.f. 01.04.14.
Topic 3: Banking Regulation Act 1949|Schedule Banks| Other Types of Banks a) Passed as the Banking Companies Act 1949 (came requirement of not less than Rs. 5 lac, satisfaction of into force wef 16.3.49 & changed to Banking RBI that the affairs will not be conducted by the bank Regulation Act 1949 w.e.f. 01.03.66, it was made in a way to jeopardize the interests of the depositor. applicable to J & K in 1956 (and now applicable (Commercial, Rural & many State Coop Banks are throughout India). classified as Scheduled Banks). b) The Act is not applicable to primary agricultural c) A bank that is not included in the 2nd Schedule of RBI credit societies, cooperative land mortgage banks & is called Non-scheduled Bank. non-agricultural primary credit societies. Total No. of Banks (As per IBA Website) SCHEDULED BANK Total PSBs: 22 (IPPB is 100% Equaty of GoI) a) As per Sec 2 (e) of RBI Act, a scheduled bank means a Total Private Sector Banks: 24, If we include Payment & bank who is included in 2nd schedule of RBI Act 1934. Small Bank (7) then it is 31. b) A scheduled bank should satisfy the conditions RRB‘s: 56 | Foreign Banks: 46 | Cooperative Banks: 42 which include paid-up capital & reserves
Topic 4: What are the different types of accounts that can be opened in a Bank? a) Savings Bank Account Savings Bank Account: The rate of interest on savings b) Current Deposit Account bank account varies from bank to bank & also changes c) Fixed Deposit Account from time to time. Interest rate is paid to the account d) Recurring Deposit a/c holders on daily balance basis.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Current Deposit Account: b) For all term deposits other than (i) above, banks can a) This account is mainly for big businessmen, companies offer deposits without the option of premature & institutions, since there are no restrictions on number withdrawal as well. of withdrawals from this type of account. From this Taxation of Savings Bank Interest rates: : Interest withdrawal can be made any number of times. earned on savings bank accounts is not subject to Tax b) For the convenience of the account holders banks also Deduction at Source. It is exempt upto Rs. 10,000 in a allow withdrawal of amounts in excess of the balance year. of deposit. This facility is known as overdraft facility. Fixed Deposit Account (also Term Deposit Account): What are Inoperative & Dormant Accounts? Money is deposited in a fixed deposit account to earn RBI clarified on 30.10.09 that SB account can be treated interest at a higher rate. as inoperative account only after 2 years from the date Recurring Deposit Account: The rate of interest of the last credit entry of interest on Fixed Deposit allowed on the deposits in this account is higher than account, where FD interest is being credited to SB that on a savings bank deposit but lower than the rate account or where dividend on shares is being credited). allowed on a fixed deposit for the same period. Note: Miscellaneous Terms related to the Deposits a) Minimum age to open a bank account is now 10 years. Unclaimed Deposits: The banks are to furnish to RBI a b) Maximum Interest rate is given on FD A/c. statutory annual return (penalty for delay) for c) The maximum period of an FD is 10 years & for RD is 10 unclaimed accounts which have not been operated for a years. period of 10 years or more in December every year u/s 26 of RBI Act. Important points related to Interest Rates on Bank Demand liabilities: Current deposits, Demand Accounts {Differential rate of interest (DRI)} liabilities portion of saving deposits, margins held Interest on Savings A/c is calculated on daily balance against LC/LG, Balances in overdue FD, cash certificate basis. & RD, Outstanding TTs, MTs & DDs, Unclaimed Now, All SCBs (Excluding RRBs) have the discretion to deposits, Credit balance in CC a/c & Deposits held as offer differential interest rates based on whether the security for loan payable on demand. term deposits are with or without-premature- Time liabilities: FDs, cash certificate, cumulative & withdrawal-facility, subject to the following guidelines: RDs, time liabilities portion of saving bank deposits, a) All term deposits of individuals (held singly or jointly) staff security deposits, margins against LC not payable of Rs.15 lakh & below should, necessarily, have on demand, deposit held as securities for advances & premature withdrawal facility. India Dev Bonds.
Topic 5: Negotiable Instrument Act and Cheques
In India the Negotiable Instruments Act was passed 2. Order Cheque: When the word "bearer" appearing on during 1881 which came into force wef March 01, 1882. the face of a cheque is cancelled & when in its place the CHEQUE: A cheque is (a) a bill of exchange (b) drawn word "or order" is written on the face of the cheque, the on a specified bank & (c) not expressed to be payable cheque is called an order cheque. Such a cheque is otherwise than on demand. It includes electronic image payable to the person specified therein as the payee, or of a truncated cheque & also an electronic cheque. to any one else to whom it is endorsed (transferred). AMOUNT OF A CHEQUE: Where amount of a cheque 3. Crossed Cheque: Crossing of cheque means drawing differs in words & figures, as per Section 18, amount two parallel lines on the face of the cheque with or written in words should be paid irrespective of the fact, without additional words like " & CO." or "Account which amount is less or more. Payee" or "Not Negotiable". A crossed cheque cannot be encashed at the cash counter of a bank but it can only What are the Types of Cheque? be credited to the payee's account. 1. Bearer Cheque or open Cheque: When the words "or 4. Ante-Dated Cheque: If a cheque bears a date earlier bearer" appearing on the face of the cheque are not than the date on which it is presented to the bank, it is cancelled, the cheque is called a bearer cheque. The called as "ante-dated cheque". Such a cheque is valid bearer cheque is payable to the person specified therein upto 3 months from the date of the cheque. or to any other else who presents it to the bank for 5. Post-Dated Cheque: If a cheque bears a date which is payment. yet to come (future date) then it is known as post-dated
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 cheque. It cannot be honoured earlier than the date on Crossing of a cheque means two parallel transverse the cheque. lines on the face with or without words, such as ‗ & Co‘, 6. Stale Cheque: If a cheque is presented for payment ‗not-negotiable‘, ‗payee‘s account only‘ etc. The words after 3 months from the date of the cheque it is called without lines will not constitute crossing. Such stale cheque. A stale cheque is not honoured by the instruments should not be paid as drawer‘s mandate is bank. not clear. 7. A self-cheque: It is written by the account holder as pay Crossing is applicable in case of cheques & demand self to receive the money in the physical form from the draft only & does not cover BOE or promissory note. branch where he holds his account. 8. ―A truncated cheque‖ means a cheque which is What are the Types of Crossing? truncated during the course of a clearing cycle, either General crossing (sec 123): General crossing is where a by the clearing house or by the bank whether paying cheque bears across its face two parallel transverse lines or receiving payment, immediately on generation (with or without words such as ―& co‖ or any of an electronic image for transmission. abbreviation. (Words not important, lines are). The expression ―clearing house‖ means the clearing Special crossing (sec 124): Where a cheque bears across house managed by the RBI or a clearing house its face, name of bank, either with or without the words recognised as such by the RBI.‘ not-negotiable (lines are not important, the addition of name of the bank is important), that addition shall be The Parties of a Cheque deemed as special crossing & the cheque be considered There are three parties to the cheque to be crossed specially to banker. Drawer or Maker Special Crossing in favour more than one bank: As The bank - on whom the cheque is drawn (i.e. the bank per Section 127, if a cheque is crossed specially to more with whom the account is maintained by the drawer) than one bank (unless one bank is acting as collecting Payee – Payee is the person whose name is mentioned agent to another), the payment shall be refused. A on the chequeto whom or to whose order the money is cheque crossed to two or more branches of the same directed to be paid. bank is considered to be crossed to one bank only. ENDORSEMENT: As per Section 15, endorsing means Not negotiable crossing: As per Section 130, a person signing on the face or backside of an instrument (or taking a cheque crossed generally or specially bearing even on a paper called Allonge or stamped paper), for the words ‗not negotiable‘ shall not have not be capable the purpose of negotiating (transferring to next person) of giving a better title to the cheque than that, which a negotiable instrument. ther p erson from whom he took it, had. Endorsement in full: If an endorser signs his name & adds a direction to pay the amount mentioned in the Demand Drafts instrument to, or to order of, a specified person, the Demand draft is defined as per Section 85 (a) of NI Act endorsement is said to be in full. Blank endorsements 1881 as an order to pay money drawn by one office of a can be converted into full. bank upon another office of the same bank for a sum of Restrictive endorsement: Where an endorsement money payable to order on demand. prohibits & restricts further negotiability of the It is payable to order on demand (85-A NI Act). It instrument, it is called restricted endorsement. The cannot be issued as payable to bearer (Sec. 31 RBI Act). words ‗Pay to Ashish only‘ or ‗Pay to Ashish for my If a bank fails to honour a bank draft, it renders itself use‘ or ‗Pay to Ashish for account of B‘, are the cases of liable for damages. Similarly, omission of signatures or restrictive endorsement. wrong signatures can also make the bank liable. A Brief on Crossing of a Cheque By prior arrangement, the paying bank could be a different bank also.
Topic 6: Financial Inclusion and the initiatives launched to achieve it Financial inclusion involves Some Important initiatives for Financial Inclusion 1) Give formal banking services to poor people in urban & Lead banking scheme (LBS). rural areas. No frills account. 2) Promote habit of money-savings, insurance, pension- BSBDA investment among poor-people. Business Correspondents (BC) system. 3) Help them get loans at reasonable rates from normal Swabhiman Campaign banks. So. they don‘t become victims in the hands of PMJDY local moneylender. Lead Bank Scheme
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Lead Bank Scheme, introduced towards the end of What is BSBDA (Basic Savings and Bank Deposit A/c)? 1969, envisages assignment of lead roles to individual In 2012, RBI introduced BSBDA. Some important points banks (both in public sector & private sector) for the are: districts allotted to them. This account shall not have the requirement of any A bank having a relatively large network of branches in minimum balance. the rural areas of a given district & endowed with The services available in the account will include: adequate financial & manpower resources has deposit & withdrawal of cash at bank branch as well as generally been entrusted with the lead responsibility ATMs; receipt/credit of money through electronic for that district. Accordingly, all the districts in the payment channels or by means of deposit/collection of country have been allotted to various banks. cheques drawn by Central/State Govt. agencies & The lead bank acts as a leader for coordinating the departments; efforts of all credit institutions in the allotted districts. While there will be no limit on the number of deposits No Frill Account that can be made in a month, account holders will be 'No Frills 'account is a basic banking account. Such allowed a maximum of four withdrawals in a month, account requires either nil minimum balance or very including ATM withdrawals. low minimum balance. Charges applicable to such Facility of ATM card or ATM-cum-Debit Card. accounts are low. Business Correspondent The RBI in 2005-06 called upon Indian banks to design BCs are bank representatives. They personally go to a ‗no frills account‘ – a no precondition, low ‗minimum area allotted to them & carry out banking. They help balance maintenance‘ account with simplified KYC villagers to open bank accounts, in banking (Know Your Customer) norms. transactions etc. But all the existing ‗No-frills‘ accounts opened were Business Correspondents get commission from bank for converted into BSBDA in compliance with the every new account opened, every transaction made via guidelines issued by RBI in 2012. them, every loan-application processed etc.
Current Status of the Pradhan Mantri Jan - Dhan Yojana as on 4th July 2018
Bank Name / Type Number of Number of No Of Rural- Number of Deposits Number of (All figures in Crore) Beneficiaries at Beneficiaries at Urban Female Total in Rupay Debit rural/semi-urban urban metro Beneficiaries Beneficiaries Accounts Cards issued centre bank centre bank (In to branches branches Crore) beneficiaries Public Sector Banks 13.89 11.93 13.53 25.81 62921.37 19.44 Regional Rural Banks 4.34 0.80 2.81 5.14 13788.70 3.69 Private Sector Banks 0.60 0.40 0.53 1.00 2242.02 0.92 Grand Total 18.82 13.12 16.87 31.95 78952.09 24.06
Topic 7: All about the Priority Sector Lending Norms It means provide credit to the needy sectors of the society. Overall PSL Target for Domestic Bank/Foreign Bank The sectors are: with more than 20 Branches: 40% of ANBC. • Agriculture • Micro & Small Enterprises Overall PSL Target for Foreign Bank with less than 20 • Education • Housing Branches: 40% of ANBC to be achieved in phased • Export • Weaker Sections manner • Social Infrastructure • Renewable Energy 2017-18 36 Targets under PSL 2018-19 38 Agriculture: 18% of ANBC (Adjusted Net Bank Credit). 2019-20 40 Out of this 18%, a target of 8% of ANBC is for Small &
Marginal Farmers, to be achieved in a phased manner Categorization of MSME according to MSME ACT 2006 i.e., 7% by March 2016 & 8% by March 2017. Manufacturing Sector (Goods) Weaker Sections: 10 % of ANBC. The government has given a new turnover based Micro Enterprises: 7.5% of ANBC has been prescribed classification of MSMEs in February 2018. As per this for Micro Enterprises, to be achieved in a phased new classification, the MSMEs are categorized in term manner i.e. 7% by March 2016 & 7.5% by March 2017. 60 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 of business turnover. This is in place of the previous SCB having any shortfall in lending to priority sector classification based on investment made in plant and shall be allocated amounts for contribution to Rural machineries if they are operating in the manufacturing Infrastructure Development Fund with NABARD. sector and investment in equipment for service sector For Renewable Energy, bank loans up to a limit of Rs.15 companies. As per the new classification, the same crore to borrowers for purposes like solar based power turnover based criteria have been applied for all type generators, etc. For individual households, the loan of MSMEs including those operating in the services limit will be Rs.10 lakh per borrower. sector. Export credit will be allowed up to 32% of ANBC for Though the primary responsibility of promotion and Foreign banks with less than 20 branches in India. development of MSMEs is of the State Governments, For Education, banks can provide loans to individuals the center has passed an Act in 2006 to empower the for educational purposes including vocational courses sector and also has formed a Ministry (Ministry of uptoRs. 10 lakh for studies in India & Rs. 20 lakh for MSMEs). It was the Micro, Small and Medium studies abroad. Enterprises Development (MSMED) Act which was Limits under Social infrastructure Bank loans up to a notified in 2006 that defined the three tier of micro, limit of Rs.5 crore per borrower for building social small and medium enterprises and set investment infrastructure for activities namely schools, health care limits. The new turnover criteria will better suit with facilities, drinking water facilities & sanitation facilities the GST Network (GSTN) and other formats of in Tier II to Tier VI centres. segregating the MSMEs. Monitoring of Priority Sector Lending targets The new turnover based classification of MSMEs To ensure continuous flow of credit to priority sector, The Micro, Small and Medium Enterprises there will be more frequent monitoring of priority Development (MSMED) Act, 2006 will accordingly be sector lending compliance of banks on ‗quarterly‘ basis amended to define units producing goods and instead of annual basis as of now. rendering services in terms of annual turnover as Non-achievement of Priority Sector targets follows: Scheduled Commercial Banks having any shortfall in A micro enterprise will be defined as a unit where the lending to priority sector shall be allocated amounts for annual turnover does not exceed Rs 5 crores; contribution to RIDF established with NABARD & A small enterprise will be defined as a unit where the other Funds with NABARD/NHB/SIDBI, as decided annual turnover is more than Rs 5 crore but does not by the Reserve Bank from time to time. exceed Rs 75 crore; The interest rates on banks‘ contribution to RIDF or any A medium enterprise will be defined as a unit where other Funds, tenure of deposits, etc. shall be fixed by the annual turnover is more than Rs 75 crore rupees Reserve Bank of India from time to time. but does not exceed Rs 250 crore. Additionally, the Central Government may, by RBI revises priority sector lending norms for RRBs notification, vary turnover limits, which shall not Salient features of the guidelines:- exceed thrice the limits specified in Section 7 of the Targets: 75 % of total outstanding to the sectors eligible MSMED Act. for classification as priority sector lending. Categories of the Priority Sector: Medium Enterprises, Table: Classification of MSMEs- Social Infrastructure & Renewable Energy will form part of the Priority Sector, in addition to the existing categories, with a cap of 15% of total outstanding. Agriculture: 18% of total outstanding should be advanced to activities mentioned under Agriculture. Small & Marginal Farmers: A target of 8% of total outstanding has been prescribed for Small & Marginal Farmers within Agriculture. Micro Enterprises: A target of 7.5 % of total outstanding has been prescribed for Micro Enterprises. Other Targets under PSL Weaker Sectors: A target of 15 % of total outstanding Farmers with landholding of up to 1 hectare are has been prescribed for Weaker Sections. considered as Marginal Farmers. Farmers with a Monitoring: Priority Sector Lending will be monitored landholding of more than 1 hectare & upto 2 hectares on a quarterly as well as annual basis. are considered as Small Farmers. Note: The revised guidelines will be operational with effect from Jan 2016.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 excess achievement over targets thereby enhancing Priority Sector Lending Certificates (PSLCs) lending to the categories under priority sector. These are a mechanism to enable banks to achieve the All PSLCs will be valid till March 31st & will expire on priority sector lending target & sub-targets by purchase April 1st. of these instruments in the event of shortfall. This also There are only four eligible categories of PSLCs i.e. incentivizes surplus banks as it allows them to sell their PSLC General, PSLC Small & Marginal Farmer, PSLC Agriculture & PSLC Micro Enterprises.
Topic 8: Financial Market| Important Points on Money Market, Capital Market & their Instruments
MONEY MARKET CALL/NOTICE MONEY MARKET OPERATIONS It is a market for short-term debt securities, such as Under call money market, funds are transacted on commercial paper, repos, negotiable certificates of overnight basis & under notice money market, for 2 deposit, & Treasury Bills with a maturity of one year or days to 14 days. less. Participants include banks (excluding RRBs) & Primary Dealers (PDs), both as borrowers & lenders. Non-bank CAPITAL MARKETS IN INDIA institutions are not permitted in the call/notice money It is the market for long term funds. It refers to all the market with effect from August 6, 2005. facilities & institutional arrangements for borrowing & Calculation of interest payable is based on FIMMDA‘s lending medium & long term funds. (Fixed Income Money Market & Derivatives Association of India) Handbook of Market Practices. Money Market VS Capital Market Money Market Capital Market INSTRUMENT OF GOVT. BORROWING Market for short term Market for long term To meet the temporary receipt & expenditure financial assets financial assets mismatch, govt. obtains over draft from RBI under Maturity period less than Maturity period beyond Ways & Means Advances. For short term liquidity, it one year one year issues cash management bills, treasury bills of 91 days, Deals over the counter Deals at stock exchange 182 days & 364 days maturity. For long term funds, it No. of players limited No. of players unlimited uses dated securities in the form of bonds/long term Regulated by RBI Regulated by SEBI loans.
Major money market Instruments TREASURY BILLS Certificate of Deposit (CD) These are the instruments (in the form of promissory Commercial Paper (CP) notes) of short term borrowing by the Central govt., Inter Bank Participation Certificates first issued in India in 1917. Inter Bank term Money TBs can be purchased by any one (including Treasury Bills individuals) except State govt. Bill Rediscounting Minimum amount of face value Rs. 25000 & in Call/Notice Money multiples thereof. Maturity: 91 days, 182 days & 364 days. Terms relating to Money Market Treasury bills are zero coupon securities. They are issued at a discount & redeemed at face value at Call Money Money lent or borrowed for one day maturity. Notice Money Money lent or borrowed for a period
of 2-14 days. Cash Management Bills (CMB) Term Money Money lent or borrowed for 15 daysto 1 year. CMB introduced on 11.08.11, is a short-term security to Yield to Expected rate of return on an existing be sold by Govt. of India to raise temporary money for maturity security purchased for the market. cash management needs. Coupon Rate Specified interest rate on a fixed The tenure is less than 91 daysbut the notified amount maturity security fixed at the time of & date of issue depends upon the temporary cash issue. requirement of the Govt.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 It is issued at discount to the face value through iii. A company is eligible to issue CP if: auctions, as in the case of the Treasury Bills. (a) Its tangible net worth, as per latest audited balance sheet, is not less than Rs. 4 crore. DATED SECURITIES (b) Sanctioned working capital limit by bank/s or all- These are long term securities & carry a fixed or India financial institution/s; floating coupon (interest rate) paid on the face value, (c) The borrower accounts are classified as a Standard payable at fixed time periods (half-yearly). Asset by financing bank/s/ institution/s & ‗ The tenor of dated securities can be up to 40 years. (d) Minimum credit rating from SEBI approved credit Public Debt Office of RBI acts as the rating agency (CRA) is A3. registry/depository of Govt. securities & deals with iv. Maturity: Min 7 days & max upto one year the issue, interest payment & repaymentof principal at v. Amount: Min Rs. 5 lakh or multiples thereof. maturity. Collateralised Borrowing & Lending Obligation (CBLO) WAYS & MEANS ADVANCES (WMAs) CBLO, an RBI approved money market instrument, is WMAs were introduced as per an agreement between developed by CCIL for the benefit of the entities RBI & Govt. phased out from interbank call money market or given WMAs are temporary overdrafts by RBI to govt. restricted participation in terms of ceiling on call (Central & State) under Section 17(5) of RBI Act. WMSs borrowing & lending transactions & who do not have replaced the earlier ad hoc T-Bills system. access to the call money market.
WMAs bridge the time interval of mismatch between It is a discounted instrument available in electronic govt. expenditure & receipts. book entry form for the maturity period ranging from 7 Duration: 10 consecutive working days for Central days to 90 Days (can be up to one year as per RBI Govt. & 14 days for State Govt. guidelines).
OTHER MONEY MARKET INSTRUMENTS
CERTIFICATE OF DEPOSIT This scheme was introduced in July 1989, to enable the banking system to mobilize bulk deposits from the market, which they can attract at competitive rates of interest. Who can Scheduled commercial banks (except RRBs) issue & All India Financial Institutions within their ‗Umbrella limit‘. CRR/SLR Applicable on the issue price in case of banks Investors Individuals (other than minor), corporations, companies, trusts, funds, associations etc. Maturity Min: 7 daysMax : 12 Months (in case of FIs minimum 1 year & maximum 3 years). Amount Min: Rs. 1 lac, beyond which in multiple of Rs. 1 lac
Int. Rate Market related. Fixed or floating MERCHANT BANKING Loan Against collateral of CD not permitted Merchant banking stands for providing various services Nature Usance Promissory note. Can be issued in relation to capital market & financing the corporate sector. Dematerialisation form only wef June 30, The Merchant Bankers provide consultancy to the 2002 corporate sector on the issues like finance, capital structure & investment, mergers, takeover & amalgamations, COMMERCIAL PAPER establishing coordination between the Govt. & the i. CP introduced during 1990, is a short term money corporate sector. market instrument issued as an unsecured usance promissory note & privately placed. CAPITAL MARKETS IN INDIA ii. Who can issue Commercial paper (CP): Companies, a) It refers to all the facilities & institutional arrangements primary dealers (PDs) & all-India financial institutions for borrowing & lendingmedium & long-term funds. (FIs).
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 b) It is segregated into (i) gilt edged market & (ii) the The secondary market refers to the network for industrial securities market. subsequent sale & purchase of securities, after these are c) The gilt edged marketrefers to the market for govt. & issued. semi-govt. securities which are traded in the market in stable value & are sought after by banks & other INDIAN DEPOSITORY RECEIPTS (IDRs) institutions. IDR is an instrument in the form of a Depository Receipt d) The industrial securities market refers to the market created by the Indian depository in India against the for shares & debentures of old as well as new underlying equity shares of the issuing company. In an companies. This market is further divided as primary IDR, foreign companies would issue shares, to an Indian market & secondary market. companies would issue shares, to an Indian Depository The primary market refers to the setup which helps the which would in turn issue depository receipts to investors industry to raise funds by issuing different types of in India. securities, which are issued directly to the investors, both individual & institutions. Topic 9: All about the DICGC (Deposit Insurance & Credit Guarantee Corporation of India) 1. Which banks are insured by the DICGC? (v) Any amount due on account of any deposit All commercial banks including branches of foreign received outside India banks functioning in India, local area banks & (vi) Any amount, which has been specifically regional rural banks are insured by the DICGC. exempted by the corporation with the previous 2. What does the DICGC insure? approval of Reserve Bank of India. It insures all deposits such as savings, fixed, current, 3. What is the maximum deposit amount insured by recurring, etc. except the following types of deposits. the DICGC? (i) Deposits of foreign Govt.s; Each depositor in a bank is insured upto a maximum (ii) Deposits of Central/State Govt.s; of Rs.1,00,000 for both principal & interest amount (iii) Inter-bank deposits; held by him in the same capacity. (iv) Deposits of the State Land Development Banks with 4. HQ: Mumbai Chairman: B.P.Kanungo the State co-operative bank;
Topic 10: NPAs & SARFAESI Act
It means once the borrower has failed to make interest or The Act provides for the manner for enforcement of principal payments for 90 days, the loan is considered to security interests by a secured creditor without the be a non-performing asset. intervention of a court or tribunal. Criteria for classification of loan as NPA If any borrower fails to discharge his liability in Farm Credit within Agriculture loans: A loan will be repayment of any secured debt within 60 days of notice treated as an NPA if installment of the principal or from the date of notice by the secured creditor, the interest remains unpaid beyond the due date for (a) two secured creditor is conferred with powers under the crop seasons in case of short duration crops (maturing SARFAESI Act to within one year) & (b) one crop season for long duration a) Takes possession of the secured assets of the borrower, crops (maturing after one year). This would also be including transfer by way of lease, assignment or sale, applicable, mutatis mutandis, to agricultural term loans. for realizing the secured assets In other agriculture loans, the 90 days norm would be b) Takeover of the management of the business of the applicable. borrower including the right to transferby way of lease, assignment or sale for realizing the secured assets, SARFAESI Act & Rules c) Appoint any person to manage the secured assets possession of which is taken by thesecured creditor, SARFAESI Act (The Securitization & Reconstruction of and Financial Assets & Enforcement of Security Interest Act, d) Require any person, who has acquired any of the 2002) was enacted to regulate securitization & secured assets from the borrower andfrom whom reconstruction of financial assets & enforcement of money is due to the borrower, to pay the secured security interest created in respect of Financial Assets to creditor so much of the money as if sufficient to pay the enable realization of such assets. secured debt.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Doubtful asset is one which has remained NPA for a The assets portfolio of the banks is required to be period exceeding 12 months. classified as An asset which is considered uncollectible & loss has (1) standard assets (2) sub-standard assets been identified by the bank or internal or external (3) doubtful assets (4) loss assets. auditors or the RBI inspection & the loss has not been Standard asset is one that does not disclose any written off is regarded as loss asset. problems & which does not carry more than normal What is pledge: U/s 172 of Indian Contracts Act, pledge is risk attached to the business. bailment (delivery) of goods as security for payment of a An asset which has been classified as NPA for a period loan. Only goods (movable assets excluding actionable not exceeding 12 months is considered as sub-standard claims (Sec 2(7) of Sales of Goods Act) can be pledged. asset.
Topic 11: A Brief on ATMs in India
1. What is an Automated Teller Machine (ATM)? A. As per the RBI instructions, banks have been mandated A. Automated Teller Machine is a computerized machine to resolve customer complaints by re-crediting the that provides the customers of banks the facility of customer‘s account within 7 working days from the accessing their account for dispensing cash & to carry date of complaint. out other financial & non-financial transactions without the need to actually visit their bank branch. 4. Are the customers eligible for compensation for delays beyond 7 working days? 2. What is White Label ATMs (WLAs)? A. Yes. Effective from July 1, 2011, banks have to pay A. ATMs set up, owned & operated by non-banks are compensation of Rs. 100/- per day for delays in re- called White Label ATMs. Non-bank ATM operators crediting the amount beyond 7 working days from the are authorized under Payment & Settlement Systems date of receipt of complaint for failed ATM Act, 2007 by the Reserve Bank of India. transactions. The compensation has to be credited to the account of the customer without any claim being 3. Is there any time limit for the card issuing banks for made by the customer. If the complaint is not lodged recrediting the customers account for a failed within 30 days of transaction, the customer is not ATM/WLA transaction? entitled for any compensation for delay in resolving his / her complaint.
Topic 12: Currency System in India Money as a means of payment consists of coins, paper the Bank and issued by the Bank, provided the liability money & withdrawable bank deposits. for the payment of the value in respect of such note has Legal tender: As per provisions of coinage Act 1906, devolved on and been taken over by the Bank. bank notes, currency notes & coins (Rs. 1 & above) are Imperfect Note: means any note, which is wholly or legal tender for unlimited amount. The subsidiary coins partially, obliterated, shrunk, washed, altered or (below Re 1) are legal tenders for sum not exceeding Re indecipherable but does not include a mutilated note. 1. Issue of 1, 2 & 3 paise coins discontinued wef Sep 16, Mutilated note: means a note of which a portion is 1981. missing or which is composed of more than two pieces. Currency chests are operated by RBI so that they can Mismatched note: means a mutilated note which has provide good quality currency notes to the public. been formed by joining a half note of any one note to a However, RBI has appointed commercial banks to open half note of another note. & monitor currency chests on behalf of RBI. The cash Soiled note: means a note which, has become dirty due kept in currency chests is considered to be kept in RBI. to usage and also includes a two piece note pasted The bank branches are also authorised to establish together wherein both the pieces presented belong to Small Coin Depots to stock small coins. The Small the same note, and form the entire note. Coin Depots also distribute small coins to other bank branches in their area of operation. Pre-2005 series Banknotes The banknotes issued before 2005 MG series are called pre- What are soiled, mutilated & imperfect banknotes? 2005 series banknotes, which do not have the year of Government note: means any note issued by Central printing on the reverse side. On Jan 23, 2014, RBI decided Government or supplied by the Central Government to 65 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 to withdraw, from circulation, these notes as they have 50 - Fluorescent Hampi 66 mm x fewer security features. Blue with Chariot 135 mm 1. These notes shall continue to be legal tender. The notes 200 H Bright Sanchi Stupa 66 mm × are only being withdrawn from circulation. Yellow 146 mm 2. These notes can be exchanged at select bank branch till 500 - Stone Grey Red Fort 66mm x 30.06.16. 150mm Currency Quick Facts 2000 - Magenta Mangalyaan 66mm x Den. Letter Colour Motif Dimension 166mm 10 - Chocolate Sun Temple, 63 mm x Brown Konark 123 mm
Topic 13: A close look at the Prompt Corrective Action (PCA) To ensure that banks don't go bust, RBI has put in place conserving capital so that their balance sheets can some trigger points to assess, monitor, control & take become stronger. corrective actions on banks which are weak & troubled. The process or mechanism under which such actions are Salient Features of revised PCA Framework for Banks taken is known as Prompt Corrective Action, or PCA. A. Capital, asset quality & profitability continue to be the key areas for monitoring in the revised framework. What is PCA as per RBI? All Misconceptions Cleared B. Indicators to be tracked for Capital, asset quality & RBI clarified that the PCA framework is not intended to profitability would be: constrain normal operations of the banks for the a) CRAR/ Common Equity Tier I ratio: CET ratio – the general public. percentage of core equity capital, net of regulatory Under RBI's supervisory framework, it uses various adjustments, to total risk weighted assets as defined in measures/tools to maintain sound financial health of RBI Basel III guidelines banks. PCA framework is one of such supervisory b) Net NPA ratio: NNPA ratio – the percentage of net tools. NPAs to net advances It involves monitoring of certain performance c) Return on Assets: ROA – the percentage of profit after indicators of the banks as an early warning exercise & tax to average total assets is initiated once such thresholds as relating to capital, C. Leverage would be monitored additionally as part of asset quality etc. are breached. the PCA framework. Its objective is to facilitate the banks to take corrective D. Breach of any risk threshold (as detailed under) would measures including those prescribed by the Reserve result in invocation of PCA. Bank, in a timely manner, in order to restore their E. The PCA framework would apply without exception to financial health. all banks operating in India including small banks & It provides an opportunity to the Reserve Bank to pay foreign banks operating through branches or focussed attention on such banks by engaging with the subsidiaries based on breach of risk thresholds of management more closely in those areas. identified indicators. The PCA framework is, thus, intended to encourage F. A bank will be placed under PCA framework based on banks to eschew certain riskier activities & focus on the audited Annual Financial Results & the Supervisory Assessment made by RBI.
Topic 14: All about the Products of NPCI
A Brief on NPCI: National Payments Corporation of using just Mobile number or Virtual Payment Address India (NPCI) is an umbrella organization for all retail (VPA). Currently it is available in 12 languages. payments system in India. It was incorporated in Virtual Payment Address (VPA) is a unique identifier December 2008 & the Certificate of Commencement of which you can use to send & receive money on UPI. Business was issued in April 2009. The authorized Amount of money that can be sent using BHIM is capital was pegged at Rs 300 crore & paid up capital uptoRs 10,000 per transaction & a maximum of Rs was Rs 100 crore. B.Sambamurthy- Interim Chairman. 20,000 per day for one bank account. A Brief on BHIM A Brief on UPI- 2016 Bharat Interface for Money is an app that lets you make Unified Payments Interface is an instant payment simple, easy & quick payment transactions using system developed by NPCI. UPI is built over the IMPS Unified Payments Interface (UPI). This can be done 66 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 infrastructure & allows you to instantly transfer money A Brief on QSAM: *99*99# service, is alternatively known between any two parties' bank accounts. as QSAM (Query Service on Aadhaar Mapper). Using this UPI-PIN is a 4-6 digit pass code you create/set during service, a person can check the Aadhaar seeding/linking first time registration with this App. status in his/her bank account. The upper limit per UPI transaction is Rs. 1 Lakh. A Brief on NACH Immediate Payment Service (IMPS): It was launched in NPCI implemented ―National Automated Clearing 2010. IMPS offers an instant, 24X7, interbank electronic House (NACH)‖ for Banks, Financial Institutions, fund transfer service through mobile phones. Corporates & Govt., is a web based solution to facilitate interbank, high volume, electronic transactions which Overview of *99# Service: *99# service launched by NPCI, are repetitive & periodic in nature. which works on Unstructured Supplementary Service NACH System can be used for making bulk Data (USSD) channel. This service was launched in 2014. transactions towards distribution of subsidies, Banking customers can avail the service by dialing *99#, a dividends, interest, salary, pension etc. for bulk ―Common number across all Telecom Service Providers transactions towards collection of payments pertaining (TSPs)‖ on their mobile phone & transact through an to telephone, electricity, water, loans, investments in interactive menu displayed on the mobile screen. mutual funds, insurance premium etc. NACH‘s Aadhaar Payment Bridge (APB) System, Overview of *99*99# Service: *99*99# is a USSD developed by NPCI has been helping the Govt. & Govt. (Unstructured Supplementary Service Data) based value Agencies in making the Direct Benefit Transfer scheme added service from NPCI that facilitates the customers to a success. check the status of his/her Aadhaar number seeding/linking in the bank account. The service works BBPS: Bharat Bill Payment System (BBPS) will function as across all GSM service providers & brings together the a tiered structure for operating the bill payment system in diverse ecosystem partners such as Banks & TSPs the country under a single brand image. NPCI will (Telecom Service Providers). function as the authorized Bharat Bill Payment Central Unit (BBPCU), which will be responsible for setting MMID: MMID stands for Mobile Money Identifier. MMID business standards, rules & procedures for technical & is a 7-digit code issued by the bank to their customers for business requirements for all the participants. availing IMPS.
Topic 15: Small Finance Banks & its Headquarters The objective is to further financial inclusion by (a) Headquarters of the Small Finance Banks provision of savings vehicles, (b) supply of credit to Au Financiers (India) Ltd., Jaipur small business units; small & marginal farmers; micro Capital Local Area Bank Ltd., Jalandhar & small industries; & other unorganised sector entities, Disha Microfin Private Ltd., Ahmedabad through high technology-low cost operations. Equitas Holdings P Limited, Chennai It shall primarily undertake basic banking activities of ESAF Microfinance & Investments Private Ltd., acceptance of deposits & lending to unserved & Registered Office- Chennai, Corporate Office- Thrissur underserved sections including small business units, (Kerala) small & marginal farmers, micro & small industries & Janalakshmi Financial Services Private Limited, unorganised sector entities. The minimum paid-up Bengaluru equity capital is Rs. 100 crores. RGVN (North East) Microfinance Limited, Guwahati The promoter's minimum initial contribution to the Suryoday Micro Finance Private Ltd., Navi Mumbai paid-up equity capital of such small finance bank shall Ujjivan Financial Services Private Ltd., Bengaluru at least be 40 % & gradually brought down to 26 % Utkarsh Micro Finance Private Ltd., Varanasi within 12 years from the date of commencement of business of the bank. Topic 16: Payments Banks & its Headquarters The objective is to further financial inclusion by Scope of activities: Acceptance of demand deposits. providing (i) small savings accounts(ii) It will initially be restricted to holding a maximum payments/remittance services to migrant labour balance of Rs. 100,000 per individual customer. workforce, low income households, small businesses, It cannot undertake lending activities. Apart from other unorganised sector entities & other users. amounts maintained as CRR on its outside demand & 67 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 time liabilities, it will be required to invest minimum Vodafone m-pesa Limited- Mumbai 75% of its "demand deposit balances" in SLR eligible. The minimum paid-up equity capital shall be Rs. 100 crore. The promoter's minimum initial contribution to the paid-up equity capital of such payments bank shall at least be 40 % for the first five years from the commencement of its business.
Headquarters of the Payment Banks Aditya Birla Nuvo Limited- Veraval, Gujarat Airtel M Commerce Services Limited- Registered Office- New Delhi, Corporate Office- Gurugram, Haryana Cholamandalam Distribution Services Limited- Chennai Department of Posts (IPPB)- New Delhi Fino PayTech Limited- Navi Mumbai National Securities Depository Limited- Mumbai Reliance Industries- Mumbai .
Topic 17: What are the Risks in Banking Sector? Banking risk can be defined as exposure to the Operational risk: Basel Committee on Banking uncertainty of outcome. It is applicable to full-service Supervision defines operational risk ―as the risk of loss banks like SBI, PNB & Others. resulting from inadequate or failed internal processes, Types of bank risks people & systems or from external events. Operational 1. Credit risk 4. Market risk risk, the risk in all banking transactions 2. Operational risk 5. Liquidity risk Liquidity risk: Liquidity risk is the risk of a bank not 3. Business risk 6. Reputational risk being able to have enough cash to carry out its day-to- Credit risk: It usually occurs because of inadequate day operations. income or business failure. Credit risk signifies a Reputational risk—when banks lose the public‘s decline in the credit assets‘ values before default that trust: It is the risk of damage to a bank‘s image & public arises from the deterioration in a portfolio or an standing that occurs due to some dubious actions taken individual‘s credit quality. by the bank. Market risk: Basel Committee on Banking Supervision Business Risk: Business risk is the risk arising from a defines market risk as the risk of losses in on- or off- bank‘s long-term business strategy. It deals with a bank balance sheet positions that arise from movement in not being able to keep up with changing competition market prices. Market risk is the most prominent for dynamics, losing market share over time, & being banks present in investment banking. closed or acquired.
Topic 18: What are the BASEL-3 Norms & a brief on the 3 Pillars of Basel? Basel Committee is the primary global standard-setter According to Basel Committee on Banking Supervision for the prudential regulation of banks & provides a "Basel III is a comprehensive set of reform measures, forum for cooperation on banking supervisory matters. developed by the Basel Committee on Banking Its mandate is to strengthen the regulation, supervision Supervision, to strengthen the regulation, supervision & practices of banks worldwide with the purpose of & risk management of the banking sector". enhancing financial stability. Basel 3 measures aim to: Stefan Ingves, Governor of Sveriges Riks bank a) Improve the banking sector's ability to absorb shocks (SWEDEN), is the Chairman of the Basel Committee. arising from financial & economic stress, whatever the Basel III or Basel 3 released in December, 2010 is the source third in the series of Basel Accords. These accords deal b) Improve risk management & governance with risk management aspects for the banking sector. c) Strengthen banks' transparency & disclosures.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Three Pillars of Basel 3 Important Facts related to BASEL 3 Pillar 1: Minimum Regulatory Capital Requirements Minimum Ratio of Total Capital To RWAs--10.50% based on Risk Weighted Assets (RWAs): Maintaining Minimum Ratio of Common Equity to RWAs--4.50% to capital calculated through credit, market & operational 7.00% risk areas (mainly that capital which can absorb risk.) Tier I capital to RWAs--6.00% Pillar 2: Supervisory Review Process: Regulating tools Core Tier I capital to RWAs--5.00% & frameworks for dealing with peripheral risks that Capital Conservation Buffers to RWAs--2.50% bank face. Leverage Ratio--3.00% Pillar 3: Market Discipline: Increasing the disclosures Countercyclical Buffer--0% to 2.50% that banks must provide to increase the transparency of banks Topic 19: Most Important Miscellaneous Banking Terms ACU: Asian Clearing Union (ACU) was established reason "funds insufficient" or "Exceeds arrangement". with its head-quarters at Tehran, Iran, on December 9, This is known as 'Bouncing of a cheque'. 1974. Demat Account: The term "demat", in India, refers to a The Central Banks & the Monetary Authorities of dematerialised account for individual Indian citizens to Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, trade in listed stocks or debentures. Nepal, Pakistan & Sri Lanka are currently the members Capital Adequacy Ratio (CAR): Capital adequacy ratio of the ACU. measures the amount of a bank‘s capital expressed as a Asian Monetary Units (AMUs) is the common unit of %age of its credit exposure. Globally, the capital account of ACU & is denominated as ‗ACU Dollar‘ & adequacy ratio has been developed to ensure banks can ‗ACU Euro‘. All instruments of payments under ACU absorb a reasonable level of losses before becoming have to be denominated in AMUs. insolvent. Indian banks are expected to maintain a Rupee Denominated Bonds: Any corporate (entity minimum capital adequacy ratio of 9 % (Rs 9 as capital registered as a company under the Companies Act, for every Rs 100 in loan or asset) 1956/ 2013) or body corporate (entity specially created Balance of Trade: The value of a country‘s exports out of a specific act of the Parliament) & Indian banks minus the value of its imports. Unless specified as the are eligible to issue Rupee denominated bonds balance of merchandise trade, it normally incorporates overseas. Real Estate Investment Trusts (REITs) & trade in services, including earnings (interest, Infrastructure Investment Trusts (InvITs) coming under dividends, etc.) on financial assets. the regulatory jurisdiction of SEBI are also eligible. The Balance of Payments: A list of all of a country‘s minimum maturity period for such bonds will be 3 international transactions for a given time period, years. usually one year. National Institute of Bank Management (NIBM): It NOSTRO Account: A Nostro account is maintained by was established in 1969 by RBI, in consultation with the an Indian Bank in the foreign countries. Govt. of India, as an autonomous apex institution for VOSTRO Account: Vostro account is maintained by a research, training, education & consultancy in bank foreign bank in India with their corresponding bank. management. Its mandate is to play a proactive role of BCBS: Basel Committee on Banking Supervision is an ―think-tank‖ of the banking system. The Governor of institution created by the Central Bank governors of the RBI is the Chairman of the Governing Board. It is Group of Ten nations. situated at Pune, Maharashtra. What is STRIPS: Separate Trading for Registered Electronic Funds Transfer at Point of Sale (EFTPOS): Interest & Principal Securities. EFTPOS is the method for paying for goods or services The CORE word in CBS stands for Centralized Online without needing to carry cash. Realtime Exchange. Moral Suasion: Moral Suasion is just as a request by Cross Selling: Cross-selling stands for offering to the the RBI to the commercial banks to take so & so action existing & new customers, some additional banking & measures in so & so trend of economy. RBI may products, with a view to expand banking business, request commercial banks not to give loans for reduce the per customer cost of operations & provide unproductive purpose which does not add to economic more satisfaction & value to the customer. growth but increases inflation. Credit Card Business : Issue of cards Bouncing of a cheque: Where an account does not have (a) Banks having net worth of Rs. 100 cr or above only can sufficient balance to honour the cheque issued by the undertake the credit card business. customer, the cheque is returned by the bank with the (b) RBI permission is not required to undertake credit card issue business.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 ASSET SECURITISATION: Securitisation of assets is to unit holders. Normally, a close-ended scheme is an additional channel for recycling of funds by business listed on a stock exchange. entities including banks. Securitisation is process Net asset value: The price of value of one share of a through which the future receivables (say rent, fund. It is calculated by summing the quoted values of installment of a term loan due in future) of an all the securities held by the fund, adding in cash & any organization (say bank), are converted into debt accrued income & subtracting liabilities & dividing the instruments (such as bonds with a fixed rate of return) result by the number of shares outstanding. & then sold. Open ended scheme: A scheme is the one which continuously offers its units & buys them back from Important Terms related to Mutual Funds investors. Asset Management Company: A company formed & registered under the Companies Act 1956 & approved A Brief on Nationalization of Banks as such by the SEBI to manage the funds of a mutual Nationalisation of Imperial Bank of India & its fund. Under an agreement (with the trustees of the conversion into State Bank of India in July 1955. Mutual Fund), an AMC undertakes to formulated Conversion of 8 major State-associated banks into mutual funds schemes, distribute income as per subsidiary banks of SBI in 1959. agreement. Nationalisation of 14 Indian scheduled banks in July Close-ended scheme: A scheme where funds are raised 1969. for a fixed period. The scheme is wound up after that Nationalisation of 6 more banks in April 1980 & New period & funds are returned with capital appreciation Bank of India merged into Punjab National Bank.
Topic 20: How the amount can be transferred from one Bank A/c to the other?
Real Time Gross Settlement (RTGS) = Max Rs. 15 & above Rs. 2 lac = Max Rs. 25 (w.e.f. RTGS implemented w.e.f. 26.03.2004 is a centralized 13.07.2012). payment system operated by RBI. In RTGS inter-bank payment instructions are processed & settled, on gross CENTRALIZED FUNDS MANAGEMENT SYSTEMS basis in a real time environment. (CFMS): CFMS was operated & maintained by RBI to It uses Indian Financial Network (INFINET) & SFMS enable operations on current accounts maintained at platforms. RTGS is regulated by RTGS System various offices of the RBI, through standard message Regulations, 2013. formats in a secure manner. NEPAL REMITTANCE SCHEME: It is a cross-border National Electronic Funds Transfer (NEFT) one-way remittance facility scheme, for remittance from RBI operationalized NEFT System in Nov 2005. It India to Nepal. Amount: Up to Indian Rs. 50,000 from facilitates transfer of funds from any bank branch to NEFT branches. Beneficiary will receive funds in any other bank branch. Nepalese rupees. Amount: There is no lower/upper value limit. CORE BANKING SOLUTIONS: Core Banking Bank account: NEFT is an account to account transfer Solutions (CBS) or Centralised Banking Solutions is the system. The remitter & beneficiary should have a bank process which is completed in a centralized account. environment i.e. under which the information related to Processing Charges/Service Charges the customer‘s account (i.e. financial dealings, 1. Banks cannot levy any charges for inward NEFT, profession, income, etc.) is stored in the Central Server 2. For outward NEFT: Up to Rs. 10000 = Rs. 2.50, above of the bank (that is available to all networked branches) Rs. 10000 to Rs. 1 lac = Rs. 5. Above Rs. 1 lac to Rs. 2 lac instead of the branch server.
Topic 21: What are the types of Accounts that can be opened by Foreign (Person) in India? a) NRO A/c (Foreign Tourist) All payments to residents exceeding INR 50,000 can be Foreign tourists during their short visit to India can made only by means of cheques / pay orders / DDs. open a Non-Resident (Ordinary) Rupee (NRO) account b) EEFC A/c (Current / Savings) with any Authorised Dealer bank Exchange Earners' Foreign Currency Account (EEFC) is dealing in foreign exchange. an a/c maintained in foreign currency with Authorised Can be opened up to a maximum period of 6 months. Dealer.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 It is a facility provided to foreign exchange earners, Non-Resident (External) Rupee Account (NRE Account) including exporters, to credit 100% of their foreign NRE account may be in the form of savings, current, exchange earnings to the a/c, so that the account recurring or fixed deposit accounts. holders do not have to convert foreign exchange into Account will be maintained in Indian Rupees. Rupees, thereby minimizing the transaction costs. Accrued interest income & balances held in NRE All categories of foreign exchange earners, such as accounts are exempt from Income tax. individuals, companies, etc. who are resident in India, Authorised dealers/authorised banks at their discretion may open EEFC accounts. allow for a period not more than two weeks, It can be held only in the form of a current account. No overdrawings in NRE savings bank accounts, up to a interest is payable on EEFC accounts. limit of Rs. 50,000. Loans up to Rs.100 lakh can be extended against ACCOUNTS FOR NRI/PIO: Non-Resident Ordinary security of funds held in NRE Account either to the Rupee Account (NRO Account) depositors or third parties. NRO accounts may be opened / maintained in the form of current, savings, recurring or fixed deposit accounts. Foreign Currency Non-Resident (Bank) Account – FCNR Interest rates offered by banks on NRO deposits cannot (B) Account be higher than those offered by them on comparable FCNR (B) accounts are only in the form of term domestic rupee deposits. deposits of 1 to 5 years Account should be denominated in Indian Rupees. Account can be in any freely convertible currency. NRI/PIO may remit from the balances held in NRO Loans up to Rs.100 lakh can be extended against account an amount not exceeding USD one million per security of funds held in FCNR (B) deposit either to the financial year, subject to payment of applicable taxes. depositors or third parties. The limit of USD 1 million per financial year includes The interest rates are stipulated by the Department of sale proceeds of immovable properties held by Banking Operations & Development, RBI. NRIs/PIOs. Topic 22: A Brief on CAMELS rating for Domestic Banks?
RBI‘s 1995 working group headed by Sh. S. L Liquidity (asset-liability management) Padmanabhan suggested method for rating. S System & controls RBI rates the banks on a 5 point scale of A to E, widely on the lines of international CAMELS rating model for Rating parameters for foreign banks domestic banks & CALCS model for foreign banks. C Capital adequacy ratio CAMELS Rating for Domestic Banks A Asset quality C Capital adequacy ratio L Liquidity A Asset quality C Compliance M Management Effectiveness S System & controls E Earning (i.e. profitability)
Topic 23: BANKING OMBUDSMAN SCHEME 2006
The Scheme enables a bank customer for filing of 4) The maximum compensation which a BO can help a complaints relating to certain services rendered by banks. complainant to get is Rs. 20 lakhs. 1) The Banking Ombudsman is a senior official appointed 5) If a complaint is not settled by an agreement within a by the Reserve Bank of India to redress customer period of one month, the BO proceeds further to pass complaints against deficiency in certain banking an award. Before passing an award, the BO provides services. reasonable opportunity to the complainant & the bank, 2) All Scheduled Commercial Banks, Regional Rural to present their case. Banks & Scheduled Primary Co-operative Banks are 6) If one is not satisfied with the decision passed by the covered under the Scheme. BO, one can approach the appellate authority who is 3) The Banking Ombudsman does not charge any fee for the Deputy Governor of the RBI. filing & resolving customers‘ complaints.
Topic 24: NBFC OMBUDSMAN SCHEME 71 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 RBI introduced an Ombudsman Scheme for customers of one billion rupees or above, as on the date of the of Non-Banking Financial Companies (NBFCs). audited balance sheet of previous financial year, or of The Scheme is an expeditious & cost free apex level any such asset size as the RBI may prescribe, are mechanism for resolution of complaints of customers of covered under the Scheme. NBFCs, relating to certain services rendered by NBFCs. The Scheme initially covers NBFCs authorized to accept It is being introduced under Section 45 L of RBI Act, deposits & would be gradually extended to cover other 1934, with effect from February 23, 2018. identified NBFCs. The NBFC Ombudsman is a senior official appointed The compensation amount, if any, which can be by RBI to redress customer complaints against NBFCs awarded by NBFC Ombudsman, for any loss suffered for deficiency in certain services covered under the by complainant, is limited to the amount arising grounds of complaint specified under Clause 8 of the directly out of the act or omission of the NBFC or Scheme. rupees one million, whichever is lower. As on date, four NBFC Ombudsman have been Note: NBFC Ombudsman may award compensation appointed with their offices located at Chennai, not exceeding rupees 0.1 million to the complainant for Kolkata, New Delhi and Mumbai. causing mental agony & harassment. NBFCs which are defined in Section 45-I (f) of RBI Act Appellate Authority is vested with a Deputy Governor- 1934 & registered with RBI under Section 45-IA of RBI in-Charge of the department of the RBI implementing Act 1934, which (a) are authorized to accept the Scheme. deposits; or (b) have customer interface, with assets size
Topic 25: What is Base Rate, MCLR & Other rates of Lending? Base Rate By using MCF, it will be calculated as: Required CRR × RBI decided that banks should switch over to Base Rate (marginal cost) / (1-CRR) system w.e.f. 1.7.2010. Banks may determine their actual lending rates w.r.t. Exemptions from MCLR Base Rate. loans under schemes of Govt. of India wherein banks No loan can be sanctioned below base rate. have to charge interest rate as per the scheme. Exempted accounts: The following loans could be Working Capital Term Loan, Funded Interest Term priced without reference to Base Rate: (a) DRI loans (b) Loan etc. as part of rectification/restructuring package. loans to banks‘ own employees (c) loans to banks‘ Loans under various refinance schemes of Govt. of depositors against their own deposits. India or any Govt. Undertaking wherein banks charge interest at the rates prescribed under the schemes. Marginal Cost Based Lending Rate The following loans can be priced without being linked RBI introduced MCLR w.e.f. 1.4.2016 to determine Base to MCLR : Rate by banks to improve the efficiency of monetary a) Loan to depositors against their own deposits. policy transmission. b) Loan to banks‘ employees & Chief Executive All rupee loans sanctioned & credit limits renewed Officer/Whole Time Directors. w.e.f. 01.04.16 to be priced w.r.t. MCLR. It will be c) Loans linked to a market determined external internal benchmark. benchmark. The MCLR comprises of (a) Marginal cost of funds; (b) d) Fixed rate loans. In case of hybrid loans where the Negative carry on account of CRR; (c) operating costs; interest rates are partly fixed & partly floating, interest (d) Tenor premium. rate on the floating portion should adhere to the MCLR Marginal Cost of funds (MCF): It has 2 components (a) guidelines. Marginal cost of borrowings (b) return on networth.
Topic 26: What is Reverse Mortgage Loan? The scheme of reverse mortgage has been introduced payments mutually agreed by the borrower & the for the benefit of senior citizens owning a house but banker. having inadequate income to meet their needs. Some NO REPAYMENT is required as long as the borrower important features of reverse mortgage are: lives, Borrower should pay all taxes relating to the A homeowner who is above 60 years of age is eligible house & maintain the property as his primary for reverse mortgage loan. It allows him to turn the residence. equity in his home into one lump sum or periodic
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 The amount of loan is based on several factors: is 15 years. The residual life of the property should be Borrower‘s age, Value of the property, Current interest at least 20 years. Where the borrower lives longer than rates & The specific plan chosen. 15 years, periodic payments will not be made by lender. As per the scheme formulated by National Housing However, the borrower can continue to occupy. Bank (NHB), the maximum period of the loan period
Topic 27: What is Hypothecation & Pledge? Hypothecation Pledge an engagement which may give rise to pecuniary liability. Defined in SARFAESI Act 2002 Indian Contract Act
(Sec 2 n) 1872 (section 172) Definition Charge on movable Bailment of goods property in favour as security for of secured creditor payment of a debt without delivery of or performance of possession promise Parties: Hypothecator Pledger / pawner -Borrower Hypothecate Pledger / pawnee -Bank Nature of Movable assets Goods securities such as stocks, machinery, vehicles Possession Borrower (in trust Possession with for bank). Bank bank till repayment cannot take of the loan. Bank possession without has to preserve the consent of the goods carefully & borrower. On return the same, if taking possession loan is repaid. bank gets rights of pledge & can sell the assets without intervention. Mortgage: As per section 58 of Transfer of Property Act 1882, mortgage is transfer of interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt or the performance of
Topic 28: What is NBFC & how it differs from Banks? Non-Banking Financial Company (NBFC) is a company b) NBFCs do not form part of the payment & settlement registered under the Companies Act, 1956 engaged in system & cannot issue cheques drawn on itself; the business of loans & advances, acquisition of c) Deposit insurance facility of Deposit Insurance & shares/stocks/bonds/debentures/securities issued by Credit Guarantee Corporation is not available to Govt. or local authority or other marketable securities depositors of NBFCs, unlike in case of banks. of a like nature, leasing, hire-purchase, insurance Register with RBI: business, chit fund business. A company incorporated under the Companies Act, 1956 NBFCs lend & make investments & hence their & desirous of commencing business of non-banking activities are akin to that of banks; however there are a financial institution as defined under Section 45 I(a) of few differences as given below: the RBI Act, 1934 should comply with the following: a) NBFC cannot accept demand deposits; a) It should be a company registered under Section 3 of the companies Act, 1954
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 b) It should have a minimum net owned fund of Rs 200 NBFCs are allowed to accept / renew public deposits lakh. for a minimum period of 12 months & maximum period of 60 months. They cannot accept deposits Deposits in NBFC: repayable on demand. Presently, the maximum rate of interest an NBFC can The deposits with NBFCs are not insured. offer is 12.5%. The interest may be paid or compounded The repayment of deposits by NBFCs is not guaranteed at rests not shorter than monthly rests. by RBI. Topic 29: What are the types of Money? Commodity Money - Commodity money value is + RBI credit to the commercial sector + RBI's claims on derived from the commodity out of which it is made. banks + RBI's net is foreign assets + Govemment‘s The commodity itself represents money, & the money is currency liabilities to the public - RBI's net non-monetary the commodity. liabilities. Representative Money - is money that includes token M1=Currency with the public + Demand deposits with the coins, or any other physical tokens like certificates, that banking system + 'Other' deposits with the RBI can be reliably exchanged for a fixed amount/quantity M2=M1 + Savings deposits of office savings banks. of a commodity like gold or silver. M3=M1+ Time deposits with the banking system Fiat Money - Fiat money, also known as fiat currency is = Net bank credit to the Govt. the money whose value is not derived from any M4=M3 +All deposits with post office savings banks intrinsic value or any guarantee that it can be converted (excluding National Savings Certificates) into valuable commodity (like gold). Instead, it derives value only based On Govt. order (fiat) Bhartiya Reserve Bank Note Mudran Private Limited Commercial Bank Money - Commercial bank money (BRBNMPL): RBI established BRBNMPL in February or the demand deposits are claims against financial 1995 as a wholly-owned subsidiary to augment the institutions which can be used for purchasing goods & production of bank notes in India & to enable bridging services. of the gap between supply & demand for bank notes in Reserve Money (M 0) the country. Currency in circulation + Bankers‗ ‗deposits with the RBI + ‗Other‘ deposits with the RBI = Net RBI ‗credit to the Govt.
Topic 30: What are the Different types of Banking? Para banking- When Bank provides banking services Brokers, large corporate clients, mid-sized companies, except the general banking facility. sreal estate developers & investors, international trade Narrow Banking- When banks invest its money in finance businesses etc. Govt. securities instead investing in market to avoid Universal Banking: R H Khan committee & risk. recommended the concept of Universal Banking. It Offshore Banking- Bank which accept currency of all means allowing Fls & banks to undertake all types of countries. banking or development financing activity, subject to Green banking- Promoting environmental-friendly compliance of statutory & other requirements of RBI, practices & reducing your carbon footprint from your Govt. & related legal Acts. banking activities. Islamic Banking: An Islamic bank is a deposit-taking Retail Banking- Retail banking refers to the division of banking institution whose scope of activities excluding a bank that deals directly with retail customers. borrowing & lending on the basis of interest. Wholesale banking-Wholesale banking is the provision of services by banks to organisations such as Mortgage
Topic 31: What are the important codes that are used in Banking?
IFSC (Indian Financial System Code) MICR – Magnetic ink character Recognition Indian Financial System Code is an alpha-numeric code MICR is 9-digit numeric code that uniquely identifies a that uniquely identifies a bank-branch participating in the bank branch participating in electronic clearing scheme. NEFT system. Used to identify the location of a bank branch. This is an 11 digit code with the first 4 alpha characters City (3) Bank (3) Branch (3) representing the bank, The 5th character is 0 (zero) & the It is allotted to a bank branch is printed on the MICR band last 6 characters representing the bank branch. of cheques. MICR used for electronic credit system. 74 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 A majority of FOREX related message are sent to SWIFT Code: Society for Worldwide Interbank financial correspondent banks abroad through SWIFT. tele-communication SWIFT Code consist 8 or 11 character when code is 8 digit, India was 74th Nation to join SWIFT Network. it is referred to primary office. SWIFT Code is a standard format of bank Identifier code. 4 – bank code 2 – country code 2 – location code 3 This code is used particularly in International transfer of – branch code (optional) money between banks.
Topic 32: Important Banking Abbreviations 1. PSBs: Public Sector Banks 41. ASBA: Application Supported by Blocked Amount 2. SNBCs: Schedule Non- Commercial Banks 42. PIN: Personal Identification Number 3. SENSEX: Sensitive Index of Stock Exchange 43. CECA: Comprehensive Economic Cooperation 4. KYC: Know Your Customer Agreement 5. RTGS: Real Time Gross Settlement 44. CEPA: Comprehensive Economic Partnership 6. EFT: Electronic Fund Transfer Agreemeny 7. CBS: Core Banking Solutions 45. DTAA – Double Taxation Avoidance Agreement 8. LIBOR: London Interbank Offered Rate 46. EFSF – European Financial Stability Facility 9. MIBOR: Mumbai Interbank Offered Rate 47. FINO- Financial Inclusion Network Operation 10. MIBID: Mumbai Interbank Bid Rate 48. FIPB – Foreign Investment Promotion board 11. SARFAESI: Securitisation & Reconstruction of 49. FSLRC– Financial Sector Legislative Reforms Financial Assets & Enforcement Of Security Interest Commission 12. CAR: Capital Adequecy Ratio 50. CRAR: Capital to Risk-weighted Assets Ratio 13. FIIs: Foreign Institutional Investments 51. LCR: Liquidity Coverage Ratio 14. MICR: Magnetic Ink Character Recognition 52. TARC - Tax Administration Reform Commission 15. BIRD: Bankers Institute of Rural Development 53. GIRO - Govt. Internal Revenue Order 16. IBA: Indian Bank Association 54. FRBMA: Fiscal Responsibility & Budget Management 17. BPLR: Benchmark Prime Lending Rate Act 18. SWOT: Strength, Weaknesses, Opportunities & Threats 55. AMFI- Association of Mutual Fund in India. 19. SWIFT: Society For Worldwide Interbank Financial 56. TIEA – Tax Information exchange Agreement Telecommunication 57. GAAR - General anti avoidance rule 20. FERA: Foreign Exchange Regulatory Act 58. GSLV - Geo-Synchronous Launch Vehicle 21. FEMA: Foreign Exchange Management Act 59. PPP – Public Private Partnership & Purchasing Power 22. CASA: Current & Saving Account parity 23. NDTL: Net Demand & Time Liabilities 60. PSLV – Polar Satellite Launch vehicle 24. NASDAQ: National Association For Securities Dealers 61. TAPI - Turkmenistan-Afghanistan-Pakistan-India. Automated Quotations 62. QFI -Qualified Foreign Investors 25. CRISIL: Credit Rating & Investment Services India 63. AD-Authorized Dealer. Limited 64. ASSOCHAM-Associated Chambers of Commerce & 26. CIBIL: Credit Information Bureau Of India Limited Industry of India. 27. NAV: Net Asset Value 65. BCSBI-Banking Codes & Standards Board of India. 28. ICRA: Indian Credit Rating Agency 66. BIS-Bank for International Settlements. 29. CARE: Credit Analysis & Research Limited 67. CDS-Credit Default Swap. 30. WMAs: Ways & Means Advances 68. CEPA-Comprehensive Economic Partnership 31. ALM: Asset Liability Management Management. 32. INFINET Indian Financial Network 69. FIMMDA-Fixed Income Money MARKETS & 33. OLTAS - On-line Tax Accounting System (OLTAS) for Derivatives Association. Direct Taxes 70. FPI-Foreign Portfolio Investment. 34. TIN - Tax Information Network (TIN) 71. IBRD-International Bank for Reconstruction & 35. IMPS - Interbank Mobile Payment Service (IMPS) or Development. Immediate Payment Service 72. UIDAI-Unique Identification Development Authority 36. CDR- Corporate Debt Restructuring of India. 37. CAD- Capital Account Deficit 73. PMGSY- Pradhan Mantri Gram Sadak Yojana 38. REITs: Real Estate Investment Trusts 74. PMEGP- PM's Employment Generation Programme 39. InvITs: Infrastructure Investment Trusts 75. NRDWP- National Rural Drinking Water Programme 40. ALM- Asset Liability Management 76. PMKK- Pradhan Mantri Kaushal Kendras 75 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 77. SANKALP- Skill Acquisition & Knowledge Awareness 81. TIES- Trade Infrastructure for Export Scheme for Livelihood Promotion programme 82. FIPB- Foreign Investment Promotion Board 78. STRIVE- Skill Strengthening for Industrial Value 83. CERT-Fin- Computer Emergency Response Team for Enhancement our Financial Sector 79. NTA- National Testing Agency 84. IRFC- Indian Railway Finance Corporation Limited 80. ICDS- Integrated Child Development Services 85. FFO- Further Fund Offering
Topic 33: The HQ of NATIONALIZED/PSBs BANKS Allahabad Bank-Kolkata Punjab & Sind Bank- New Delhi Bank of India -Mumbai State Bank of India- Mumbai Bank of Maharashtra -Pune Syndicate Bank- Manipal Canara Bank -Bangalore UCO Bank- Kolkata Central Bank of India -Mumbai Union Bank of India- Mumbai Corporation Bank -Mangalore United Bank of India- Kolkata Dena Bank -Mumbai Vijaya Bank- Bangalore Indian Bank- Chennai Andhra Bank- Hyderabad Indian Overseas Bank- Chennai Bank of Baroda- Vadodra Oriental Bank of Commerce- Gurgaon IDBI Bank- Mumbai Punjab National Bank- New Delhi IPPB- New Delhi
Topic 34: Financial Regulations | Institutions | Organizations Chit Funds Respective State Govt.s It is theregulator for the securitiesmarket in India. SEBI Insurance companies IRDA was initiallyestablished as a non statutory body in Housing Finance Companies NHB April 1988, to regulate theworking of stock exchange. Venture Capital Fund / SEBI Later itwas given a statutory status onApril 1992 via Merchant Banking SEBI SEBI Act, 1992with the following objectives. companies Chairman- Ajay Tyagi Stock broking companies SEBI Head Quarters : Mumbai Nidhi Companies Ministry of corporate affairs, Govt. of India REGIONAL RURAL BANK (RRB): Regional Rural Bank Were Set Up By An Ordinance In National Bank for Agriculture & Rural Development 1975, Later Replaced By Rrbs Act, 1976 As Pre Banking Established on 12th July 1982 on the recommendation Commission Recommendation In 1975. of CRAFICARD committee (also called as Father Of Rrb Is M.Swaminathan. SivaramanComittee) The Govt. Of India Had Appointed A Working Group For Agricultural finance, It is the apex organization. On Rural Banks Under The Chairmanship Of Mr. M. Chairman: Dr. Harsha Kumar Bhanwala Narasimham In 1975. First Rrbs Were Set Up On 2nd Head Quarters: Mumbai Oct. Rural Infrastructure Development Fund (RIDF) is Share Holder Contribution: Govt. Of India 50% Sponsor operated by NABARD, instead in April 1995. Bank 35% State Govt. 15%. NABARD is the "Micro-Finance Regulatory Authority" EXIM BANK:
Small Industries Development Bank of India (SIDBI) Export-Import (EXIM) Bank of India is the principal Small Industries Development Bank of India (SIDBI in financial institution in India for coordinating the short) was established in the year 1990 (Date: 2nd April working of institutions engaged in financing export & 1990) under the Small Industries Development Bank of import trade.
India Act 1989 as a subsidiary of Industrial It is a statutory corporation wholly owned by the Govt. Development Bank of India. of India.
Chairman- Mohammad Mustafa It was established on January 1, 1982 for the purpose of Head Quarters: Lucknow financing, facilitating & promoting foreign trade of India. Chairman- David Rasquinha|Headquarters : Mumbai Securities & Exchange Board of India (SEBI)
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 It is the apex institution of housing finance in India, the Council is 5 years & the appointment of the Council was set up as wholly owned subsidiary of RBI. after 5 years would be with the concurrence of the RBI. The bank started its operations from July 1988. NHB is a subsidiary bank of Reserve Bank of India. Indian Banks' Association (IBA) National Housing Bank was established under section 6 Indian Banks' Association (IBA) set up in 1946 with 22 of National Housing Bank Act (1987). members to discuss issues of common interests. Over The HQ: of NHB is in New Delhi| Chairman: Shri the years, IBA emerged as the Voice of Indian Banking Sriram Kalyanaraman Industry. IBA adopts a consultative approach to give its views on any issue pertaining to banking sector. As on ECGC December 28, 2015 the total Membership of the Export Credit Guarantee Corporation of India. This Association is 237. organisation provides risk as well as insurance cover to Ordinary: 139 Associate: 98 Total: 237 the Indian exporters.|Chairman- Geetha Muralidhar | Usha Ananthasubramanian is present Chairman of Head Quarters : Mumbai IBA & it‘s headquarter is in Mumbai.
CLEARING CORPORATION OF INDIA Clearing Corporation of India Limited (CCIL) was incorporated on 30th April 2001, as the country‘s first clearing house for the Govt. securities, forex & other related market segments. It commenced operations from Feb 15, 2002. It provides a system for efficient clearing of money, Govt. securities & foreign exchange market transactions.
BANKING CODES & STANDARDS BOARD OF INDIA Banking Codes & Standards Board of India (BCSBI) was set up on the lines of a similar set up in UK to oversee the Fair Practice Code evolved by the Bankers. Members: The Board was set up as a Society, under the Societies Registration Act, 1860. Commercial banks, RRBs & Urban Coop Banks are its members. A Governing council of the BCSBI looks after its financial affairs & managerial policies. The tenure of
Topic 35: Important Financial Schemes of the Government
KISAN VIKAS PATRA Rate of Interest: 7.3%. KPV are regulated by KVP Rules 2014, Scheme is Rate of interest: Rs.1000 becomes double during the available through Post Offices & those banks that are maturity period. authorized to operate PPF scheme. 1. Nomination facility, 2. Pledge for loan facility & 3. pre- Denomination: Rs.1000, Rs.5000, Rs.10000 & Rs.50000 mature payment after 2 years & 6 months subject to Types of certificates: Category Single, Joint A-Type & certain conditions, is eligible. Joint B-Type (E/S). Maturity period: 118 Months Topic 36: List of Mergers in the Indian Banking Industry The Bank which The Bank which got Year of Bank acquired Merged Merger ICICI Bank Bank of Rajasthan 2010 State Bank of 5 SBI‘s Associate 2017 State Bank of State Bank of Indore 2009 India Banks & India Bharatiya Mahila State Bank of State Bank of 2008 Bank India Saurashtra Kotak Mahindra ING Vysya Bank 2016 HDFC Bank Centurion Bank of 2008
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Punjab ICICI Bank ICICI Limited 2002 Centurion Bank of Lord Krishna Bank 2007 Limited Punjab ICICI Bank Bank of Madura 2001 Indian Overseas Bharat Overseas 2007 HDFC Bank Times Bank 2000 Bank Bank Union Bank of Sikkim Bank 1999 IDBI Bank United Western 2006 India Bank Ltd. State Bank of Kashinath State 1995 Federal Bank Ganesh Bank of 2006 India Bank Kurundwad Bank of India Bank of Karad 1994 Centurion Bank Bank of Punjab 2005 Punjab National Bank New Bank of 1993 (BoP) India IDBI Bank Limited IDBI Limited 2005 State bank of India Bank of Cochin 1985 Oriental Bank of Global Trust Bank 2004 Canara Bank Lakshmi 1985 Commerce (GTB) Commercial Bank Punjab National Nedungadi Bank 2003 Bank Bank of Baroda Benares State Bank 2002
Topic 37: What are the Sectors in the Indian Economy? Indian Economy is normally categorized into three products. For example, processing & construction sectors namely - 1. Primary Sector 2. Secondary industries. Sector 3. Tertiary Sector Tertiary Sector/Service Sector: Tertiary Sector is Primary Sector: Primary Sector is directly dependent involved in production & exchange of services. For on environment for manufacture & production. For example, transportation, communication, & other example, agriculture, mining, farming etc. services of such kind. Tertiary Sector is also known as Secondary Sector: Secondary Sector adds value to the Services Sector as it facilitates the production & proud by transforming raw materials into valuable exchanges of services.
Topic 38: A Brief on Printing & Minting of Currencies in India In India, RBI is engaged in printing of all notes & production of coins is handled by Government under A brief on the Minting of Coins The Coinage Act, 1906. a) Security Printing & Minting Corporation of India RBI determines what volume of currency is required at Limited (SPMCIL) comprises four mint: a particular time. India Government Mint, Mumbai The production of bank notes, coins, non-judicial India Government Mint, Kolkata stamps, postage stamps & other govt. documents is India Government Mont, Hyderabad managed by Security Printing & Minting Corporation India Government Mint, Noida of India Limited(SPMCIL). It was established in 2006. b) The main objectives of these mints is to produce coins, medals & awards, as per the requirements of India. A brief on the Printing Presses c) Mumbai mint is known for producing standardized a) The first printing press of India Currency Note Press weights & measures. (CNP) was established in 1928 for printing bank notes d) Noida is known as the first mint in the country to in India. This press is located in Nashik, Maharashtra. produce stainless steel coins. b) Bank Note Press (BNP) has two branches located in Mysore, Karnataka & Dewas, Madhya Pradesh. Points to Remember Currently both CNP & BNP print Indian currency. Special kind of paper is required for the printing of c) Currency is also printed by RBI which has two printing bank notes & non-judicial stamps. This paper is presses & owned by Bhartiya Reserve Bank Note produced in special Security Paper Mill which was Mudran Limited. These are located in Mysore, established in 1968 at Hoshangabad, Madhya Pradesh. Karnataka & Salboni, West Bengal. 2 currency note printing presses owned by GOI & 2 d) Indian security Press is located in Nashik & Security are owned by RBI , through the Bharatiya Reserve Bank Printing Press is located in Hyderabad. Note Mudran Ltd. (BRBNML). GOI presses are at 78 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Nasik (Western India) & Dewas (Central India). RBI Coins are minted in four mints owned by GOI which presses are at Mysore (Southern India) & Salboni are located at Mumbai, Hyderabad, Calcutta & NOIDA. (Eastern India).
Topic 39: What is the Mudra Scheme? a) MUDRA stands for Micro Units Development & products / schemes. The financial limit for these Refinance Agency Ltd. schemes are:- b) Financial institution set up by GOI for development & Shishu: covering loans upto Rs. 50,000/- refinancing micro units enterprises. Kishor: covering loans above Rs. 50,000/- and upto 5 lakhs c) The purpose is to provide funding to the non-corporate Tarun: covering loans above Rs. 5 lakhs to 10 lakhs small business sector through various Last Mile f) Pradhan Mantri Mudra Yojana is a Government of Financial Institutions like Banks, NBFCs and MFIs. India scheme, which enables a small borrower to d) It be responsible for refinancing all Last Mile Financiers borrow from banks, MFIs, NBFCs for loans upto 10 such as Non-Banking Finance Companies, Societies, lakhs for non-farm income generating activities. Trusts, Section 8 Companies, Co-operative Societies, Generally, loans upto 10 lakhs issued by banks under Small Banks, Scheduled Commercial Banks and Micro Small Enterprises is given without collaterals. Regional Rural Banks. g) Shri Mohammad Mustafa is the Head currently. e) Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has already created its initial Topic 40: Headquarters of the International Financial Organizations Name of the Organization HQ World Trade Organization (WTO) Geneva IMF International Monetary Fund Washington, AFDB African Development Bank Abidjan DC ADB Asian Development Bank Manila IBRD International Bank for Washington, EBRD European Bank for London Reconstruction and Development DC Reconstruction & Development IFC International Finance Corporation Washington, BIS Bank of International Settlements Basel DC EIB European Investment Bank Luxembourg IDA International Development Washington, AACB African Association of Central Dakar, Senegal Association DC Banks ICSID, International Centre for Washington, IIB International Investment Bank Moscow, Settlement of Investment Disputes DC Russia MIGA Multilateral Investment Washington, SEACEN South East Asian Central Kuala Lumpur, Guarantee Agency DC Banks Centre Malaysia
Topic 41: Important Financial, Economics & Budget Terms Fiscal Responsibility and Budget Management Act: Capital Gains Tax: It is a tax on the gains that ensue The Act is an attempt to make the Government adhere when an asset is sold for a price higher than what it to a phased plan to reduce fiscal deficit, which denotes was bought for. an excess of expenditure over revenue. Ad Valorem Tax: This is charged as a percentage of the Dividend Distribution Tax: This is a tax levied on value of a good or service, not at a specific rate per unit. companies that pay out dividends to its shareholders, Advance Pricing Agreement (APA): It is an agreement i.e. share a portion of earnings with them. between a taxpaying entity and the taxman that Venture Capital Funds: These are funds that invest in indicates how the former will price transactions with its startups, a financially riskier proposition than investing associates. in established companies. Fiscal Consolidation: The term refers to the things a Securities Transaction Tax: It is a tax on all Government does to maintain good fiscal health — cut transactions done over the stock exchanges involving debt and wasteful expenditure and improve revenue securities such as shares, derivatives, and equity-linked opportunities. mutual funds. Current Account Deficit: It is a trade measure that shows the value of a country‘s imports of goods and services to be higher than the value of its exports. 79 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Bear market: A period during which the majority of borrow money form the public to meet the shortfall. securities prices in a particular market (such as the The excess of total expenditure over total non- stock market) drop substantially. Bull market: A period during which the majority of The difference between revenue securities prices in a particular market (such as the expenditure and revenue receipt is known as revenue stock market) rise substantially. Inflation risk: The risk that the purchasing power of receipts over current expenditure. the future value of assets or income will be lower due Capital Budget: It consists of capital receipts and to inflation. payments. It includes investments in shares, loans and Interest rate risk: Risk of gain or loss on a security due advances granted by the central Government to State to possible changes in interest rate levels. When interest Governments, Government companies, corporations rates rise, the market value of a debt security will fall, and other parties. and vice versa. Vote on Account: The Vote on Account is a grant made Direct and Indirect Taxes: Direct taxes are the one that in advance by the parliament, in respect of the fall directly on individuals and corporations. For estimated expenditure for a part example, income tax, corporate tax etc. Indirect taxes pending the completion of procedure relating to the are imposed on goods and services. They are paid by voting on the Demand for Grants and the passing of the consumers when they buy goods and services. These Appropriation Act. include excise duty, customs duty etc. Guillotine: Parliament, unfortunately, has very limited Customs Duty: These are levies charged when goods time for scrutinising the expenditure demands of all the are imported into, or exported from, the country, and Ministries. So, once the prescribed period for the they are paid by the importer or exporter. Usually, discussion on Demands for Grants is over, the Speaker these are also passed on to the consumer. of Lok Sabha puts all the outstanding Demands for Grants, Whether discussed or not, to the vote of the minus interest payments. It tells how much of the House. This process is popularly known as 'Guillotine'. Government's borrowings are going towards meeting Public Account: Under provisions of Article 266(1) of expenses other than interest payments. the Constitution of India, Public Account is used in Fiscal policy: It is the government actions with respect relation to aggregate levels of revenue and spending. Fiscal acting as a banker. Examples include Provident Funds policy is implemented though the budget and is the and Small Savings. This money does not belong to government but is to be returned to the depositors. The the economy. expenditure from this fund need not be approved by When the government's non-borrowed the Parliament. receipts fall short of its entire expenditure, it has to Topic 42: Major Controls/Schemes introduced in Banking Sector from 1968 Year Reform Introduced to assist RBI & Govt. to allocate credit according 1962 In order to ensure the safety of deposits of small to plan priorities. depositors in banks in India, Deposit Insurance 1969 Fourteen banks with deposits of over Rs.50 crores Corporation Act, 1961 was enacted. Deposit were nationalised. Insurance Corporation of India was established 1969 Lead Bank Scheme was introduced to mobilise in January 1962. deposits on a massive scale throughout the 1963 Agricultural Refinance Corporation (ARC) was set country and also for stepping up lending to the up by the Act of July 1, 1963. Its objective was to weaker sections. refinance central land mortgage banks, State 1972 Concept of Priority Sector was formalised. Specific cooperative banks and scheduled commercial targets were set out in Nov 1974 for public banks. sector banks & in Nov. 1978 for private sector 1965 Credit Authorisation Scheme(CAS) was banks. introduced, under which the commercial banks 1972 Differential Rate of Interest (DRI) Scheme was were required to obtain prior permission of RBI instituted to cater to the needs of the weaker for sanctioning any fresh working capital limits sections of the society and for their upliftment. above the prescribed norm which was revised 1980 Six Banks with demand and time liabilities greater from time to time. than Rs.200 crore as on March 14, 1980, were 1968 National Credit Council (NCC) set up in Feb. 1968 nationalised on April 15, 1980.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 1994 Board for Financial Supervision (BFS) was set up Banks were advised to introduce a facility of ‗no frills‘ within RBI to attend exclusively to supervisory account with nil or low minimum balances in functions & provide effective supervision in an November 2005. integrated manner over the banking system, Recovery of Debts Due to Banks and Financial financial institutions, NBFCs & other para- Institutions Act was enacted in 1993, which provided banking financial institutions. for the establishment of tribunals for expeditious 1995 Banking Ombudsman Scheme was introduced adjudication and recovery of non-performing loans. under the provisions of the BR Act, 1949. Securitisation and Reconstruction of Financial Assets 2006 Banking Codes and Standards Board of India and Enforcement of Security Interest (SARFAESI) (BCSBI) was set up by Reserve Bank in order to Act, 2002 was enacted in March, 2002. provide for voluntary registration of banks committing to provide customer services as per the agreed standards and codes. The roadmap for the presence of foreign banks in India was drawn up in February 2005.
Topic 43: History of Banking Sector in India a) The first bank of a joint stock variety was Bank of j) The first registered urban co-operative credit society Bombay, established in 1720 in Bombay. This was was the Conjeevaram Urban Co-operative Bank, followed by Bank of Hindustan in Calcutta, which was organised in Conjeevaram, in the then Madras established in 1770 by an agency house. Presidency. b) The General Bank of Bengal and Bihar, which came into Note: They were known as Presidency banks as they were existence in 1773, after a proposal by Governor (later set up in the three Presidencies that were the units of Governor General) Warren Hastings, proved to be a administrative jurisdiction in the country for the East short-lived experiment. India Company. The Presidency banks were governed c) The first ‗Presidency bank‘ was the Bank of Bengal by Royal Charters. The Presidency banks issued established in Calcutta on June 2, 1806 with a capital of currency notes until the enactment of the Paper Rs.50 lakh. The bank was given powers to issue notes in Currency Act, 1861, when this right to issue currency 1823. notes by the Presidency banks was abolished and that d) Bank of Bombay was the second Presidency bank set up function was entrusted to the Government. in 1840 with a capital of Rs.52 lakh, and the Bank of k) The presidency banks were amalgamated into a single Madras the third Presidency bank established in July bank, the Imperial Bank of India, in 1921. It also 1843 with a capital of Rs.30 lakh. functioned as a central bank prior to the establishment e) With the collapse of the Bank of Bombay, the New Bank RBI. The Imperial Bank of India performed three set of of Bombay was established in January 1868. functions, viz., commercial banking, central banking f) The Presidency Bank Act, which came into existence in and the banker to the government. 1876, brought the three Presidency banks under a l) By 1930, the number of commercial banks increased to common statute and imposed some restrictions on their 107 with the Imperial Bank of India still dominating the business. Indian banking sector. g) The first Indian owned bank was the Allahabad Bank m) Indian Central Banking Enquiry Committee was set up set up in Allahabad in 1865, the second, Punjab in 1929 to survey extensively the problems of Indian National Bank was set up in 1895 in Lahore, and the banking, observed that a central bank be established for third, Bank of India was set up in 1906 in Mumbai. All the country. these banks were founded under private ownership. n) Reserve Bank of India Act 1934 was enacted paving the h) Swadeshi Movement of 1906 provided a great impetus way for the setting up of the Reserve Bank of India. The to joint stock banks of Indian ownership and many issue of bank failures and the need for catering to the more Indian commercial banks such as Central Bank of requirements of agriculture were the two prime reasons India, Bank of Baroda, Canara Bank, Indian Bank, and for the establishment of the Reserve Bank. The banking Bank of Mysore were established between 1906 and sector came under the purview of the Reserve Bank in 1913. 1935. i) The late Shri Vithal L Kavthekar pioneered the urban o) The Government, therefore, first implemented the co-operative credit movement in the year 1889 in the exercise of nationalisation of the Imperial Bank of India then princely State of Baroda. with the objective of ―extension of banking facilities on
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 a large scale, more particularly in the rural and semi- Bank of India in 1955 with the enactment of the State urban areas, and for diverse other public purposes‖. Bank of India Act, 1955. The Imperial Bank of India was converted into the State
Topic 44: Important Financial Abbreviations Part 2 ADRs - American Depository Receipts DISCOMS: Distribution Companies CAGR - Compounded Annual Growth Rate EBRD: European Bank for Reconstruction and CDSL - Central Depositary Services (India) Limited Development ECS - Electronic Clearing Scheme EFTA: European Free Trade Association FIIs - Foreign Institutional Investors EIB: European Investment Bank GETFs - Gold Exchange Traded Funds e-NAM: Electronic National Agriculture Market IFCI - Industrial Financial Corporation of India EPCG: Export Promotion on Capital Goods IPO - Initial Public Offering GCC: Gulf Cooperation Council NSC - National Savings Certificate IBC: Insolvency and Bankruptcy Code OTCEI - Over the Counter Exchange of India Limited LFPR: Labour Force Participation Rate Industrial Credit and Investment Corporation of India M0: Reserve Money Bank M3: Broad money NISM: National Institute of Securities Market MDGs: Millennium Development Goals SIP: Systematic Investment Plan NAREDCO: National Real Estate Development Council SWP: Systematic Withdrawal Plan NCDs: Non-Convertible Debentures AAY: Antyodaya Anna Yojana NCLT: National Company Law Tribunal CAA&A: Controller of Aid Accounts and Audit NICRA: National Innovations on Climate Resilient CFPI: Consumer Food Price Index Agriculture CIRP: Corporate Insolvency Resolution Process PMAY: Pradhan Mantri Awas Yojana CLSS: Credit Linked Subsidy Scheme PMFBY: Pradhan Mantri Fasal Bima Yojana DARE: Department of Agricultural Research and PMKSY: Pradhan Mantri Krishi Sinchayee Yojana Education POL:Petroleum Oil and Lubricants DDA: Doha Development Agenda RMSA:Rashtriya Madhyamik Shiksha Abhiyan DGCI&S: Directorate General of Commercial SSA: Sarva Shiksha Abhiyaan Intelligence and Statistics SUUTI: Specified Undertaking for Unit Trust of India DGFT: Directorate General of Foreign Trade UDAY: Ujjwal Discom Assurance Yojna DIPAM: Department of Investment and public Asset UDISE: Unified District Information System for Management Education DIPP: Department of Industrial Policy and Promotion
Topic 45: Miscellaneous Banking Terms Average Yield: It is the sum of all interest that the 1. the aggregate of all credits in a financial year does not investment generates divided the length of time the exceed rupees one lakh; investor invested in it. 2. the aggregate of all withdrawals and transfers in a Net Interest Margin: Net interest margin is the net month does not exceed rupees ten thousand; and interest income divided by average interest earning 3. the balance at any point of time does not exceed rupees assets. fifty thousand. Bulk Deposits: a) It means single Rupee term deposits LIBOR: It is the average weighted interest rate on inter- of Rupees one crore & above for Scheduled Commercial bank loans provided by banks, that participate in the Banks other than RRBs. b) For RRBs, it is the Single London interbank market and offer funds in different Rupee term deposits of Rupees fifteen lakhs and above. currencies for different time periods (from 1 day to 1 ―Notice deposits‖: It means term deposit for specific year). period but withdrawable on giving at least one Double Taxation Avoidance Agreement (DTAA): It is complete banking day‘s notice. a tax treaty signed between two or more countries. Its ―Term deposit‖: It means a interest bearing deposit key objective is that tax-payers in these countries can received by the bank for a fixed period and shall also avoid being taxed twice for the same income. It applies include deposits such as Recurring /Cumulative in cases where a tax-payer resides in one country and /Annuity /Reinvestment deposits and Cash Certificate. earns income in another. Small Accounts: It means a savings account in which: 82 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 DRI Loans c) Swaps- Is an agreement to exchange future cash flow at DRI scheme provides bank loan at a concessional rate of pre-specified Intervals. Typically one cash flow is based interest of 4% per annum for productive / self on a variable price and other on affixed one. employment ventures. SC/ST, minorities and physically Restructuring: A restructured account is one where the handicapped persons are targeted under this scheme to bank, grants to the borrower concessions that the bank boost financial inclusion. would not otherwise consider. Amortization: It is the reduction of an amount at CASA Deposit: Deposit in bank in current and Savings regular intervals over a certain time period. It mainly account. refers to the reduction of debt by regular payment of Liquid Assets: Liquid assets consists of: cash, balances loan installments during the life of a loan. It also with RBI, balances in current accounts with banks, describes the accounting process of writing off an money at call and short notice, inter-bank placements intangible asset. due within 30 days and securities under "held for Lessor & Lessee: Lessor and Lessee are two parties to a trading" and "available for sale" categories excluding lease agreement. An agreement or a contract by which securities that do not have ready market. the owner (lessor) of a specified asset grants permission ALCO: Asset-Liability Management Committee to another party (lessee) to use the asset for a specific (ALCO) is a strategic decision making body, period of time and with defined terms and conditions in formulating and overseeing the function of asset return of periodic rentals, is termed as a lease. A lessor liability management (ALM) of a bank. is a person or a party who is the owner of the asset Consortium Financing: It occurs for transactions that under the lease agreement. The lessor holds the legal might not take place with a single lender. Several banks rights over an asset. A lessee is a person or a party who agree to jointly supervise a single borrower with a takes the asset on lease from the lessor (owner of the common appraisal, documentation and follow-up and asset). The lessee is often termed as a tenant. The lessee own equal shares in the transaction. is required to oblige the terms and conditions Moratorium Period: Moratorium period or EMI holiday mentioned in the lease agreement. period refers to a particular duration in the loan tenure "Bailment": It is the delivery of goods by one person to when the borrower is not required to pay EMIs. This another for some purpose, upon a contract that they holiday period is mostly available for salaried shall, when the purpose is accomplished, be returned or individuals. Although the borrower is not required to otherwise disposed of according to the directions of the pay EMIs, the loan amount would still continue to incur person delivering them. The person delivering the interest during this period. goods is called the "bailor". The person to whom they A Brief on Insolvency and Bankruptcy Board of India are delivered is called the "bailee". a) It was established on 1st October, 2016 under the Derivative: A derivative instrument derives its value Insolvency and Bankruptcy Code, 2016 (Code). from an underlying product. There are basically three b) It is a key pillar of the ecosystem responsible for derivatives implementation of the Code that consolidates and a) Forward Contract- A forward contract is an agreement amends the laws relating to reorganization and between two parties to buy or sell an agreed amount of insolvency resolution of corporate persons, partnership a commodity or financial instrument at an agreed price, firms and individuals in a time bound manner for for delivery on an agreed future date. Future Contract- maximization of the value of assets of such persons, to Is a standardized exchange tradable forward contract promote entrepreneurship, availability of credit and executed at an exchange. balance the interests of all the stakeholders. b) Options- An option is a contract which grants the buyer c) It is a unique regulator: regulates a profession as well as the right, but not the obligation, to buy (call option) or processes. sell (put option) an asset, commodity, currency or d) It has regulatory oversight over the Insolvency financial instrument at an agreed rate (exercise price) on Professionals, Insolvency Professional Agencies, or before an agreed date (expiry or settlement date). The Insolvency Professional Entities and Information buyer pays the seller an amount called the premium in Utilities. exchange for this right. This premium is the price of the e) Dr. M. S. Sahoo is the Chairperson. option.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Part 3: Static General Awareness Capsule for IBPS RRB PO|Clerk Mains Exam 2018 Part 3: Static General Awareness Capsule for IBPS RRB PO|Clerk Mains Exam 2018 ...... 84 Topic 1: List of Union Cabinet Ministers & their Constituency ...... 85 Topic 2: Upcoming Important Sport Events ...... 86 Topic 3: The Headquarters of the UN Organizations ...... 87 Topic 4: Revolutions in the field of Agriculture in India ...... 87 Topic 5: A Brief on the Census 2011 ...... 87 Topic 6: Current Office Holders List ...... 88 Topic 7: Important Ports in India ...... 89 Topic 8: The Most Famous Temples in India ...... 89 Topic 9: List of the Important Airports in India ...... 89 Topic 10: What are the names of the Borders/Boundary Lines? ...... 90 Topic 11: List of Schemes & Apps launched by Banks ...... 90 Topic 12: Stock Exchanges around the World ...... 90 Topic 13: Dams in India ...... 91 Topic 14: CLASSICAL DANCES & FOLK DANCES IN INDIA ...... 91 Topic 15: The Headquarters of the important Public-Sector Undertakings ...... 92 Topic 16: Nick Names of Important Indian Places ...... 93 Topic 17: Important Defence Exercise Conducted in the World ...... 93 Topic 18: Stadiums Around the World ...... 93 Topic 19: List of Important Days ...... 94 Topic 20: Summits & the Meetings to be held recently ...... 95 Topic 21: List of Indian Cities on Rivers Banks ...... 96
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 1: List of Union Cabinet Ministers & their Constituency
Cabinet Ministers Portfolio Constituency Smt. Harsimrat Food Processing Bathinda, Shri Narendra Atomic Energy Varanasi Kaur Badal Industries Punjab Modi Space Personnel, Shri Narendra Rural Gwalior, Public Grievances Singh Tomar Development, Madhya and Pensions Panchayati Raj & Pradesh All important Mines policy issues and Shri Chaudhary Steel Haryana, Raj all other portfolios Birender Singh ya Sabha not allocated to any Shri Jual Oram Tribal Affairs Sundargarh, Minister Odisha Shri Raj Nath Home Affairs Lucknow, Shri Radha Mohan Agriculture & Purvi Singh Uttar Singh Farmers Welfare Champaran, Pradesh Bihar Smt. Sushma External Affairs Vidisha, Shri Thawar Social Justice & Madhya Swaraj Madhya Chand Gehlot Empowerment Pradesh, Pradesh Rajya Sabha Arun Jaitely Finance & Maharashtra Smt. Smriti Zubin Textiles Gujarat, Corporate Affairs Irani Rajya Sabha Shri Nitin Jairam Road Transport & Nagpur, Dr. Harsh Science & Chandni Gadkari Highways Maharashtra Vardhan Technology Chowk, Shipping, Water Earth Sciences, Delhi Resources, River Environment, Development & Forest & Climate Ganga Change Rejuvenation Shri Prakash Human Resource Maharashtra, Shri Suresh Commerce & Andhra Javadekar Development Rajya Sabha Prabhu Industry & Civil Pradesh, Shri Dharmendra Petroleum & Deogarh Aviation Rajya Sabha Pradhan Natural Gas Shri D. V. Statistics & Bangalore Skill Development Sadananda Gowda Programme North, & Implementation Karnataka Entrepreneurship Sushri Uma Drinking Water & Jhansi, Uttar Shri Piyush Goyal Railways, Maharashtra Bharati Sanitation Pradesh Coal Shri Ramvilas Consumer Affairs, Hajipur, Smt. Nirmala Defence Rajya Sabha Paswan Food & Public Bihar Sitharaman Karnataka Distribution Shri Mukhtar Minority Affairs Jharkhand Smt. Maneka Women & Child Pilibhit, Uttar Abbas Naqvi Sanjay Gandhi Development Pradesh Shri Ananthkumar Chemicals & Bangalore Ministers of State (Independent Charge) Fertilizers, South, Cabinet Ministers Portfolio Constituency Parliamentary Karnataka Affairs Shri Inderjit Singh Planning Gurugram, Shri Ravi Shankar Law & Justice, Bihar – Rajya Rao Haryana Prasad Electronics & Sabha Shri Santosh Labour and Bareilly, Uttar Information Kumar Gangwar Employment Pradesh Technology Shri Shripad Ayurveda, Yoga North Goa Shri Jagat Prakash Health & Family Himachal Yesso Naik and Naturopathy, Nadda Welfare Pradesh, Unani, Siddha and Rajya Sabha Homoeopathy Shri Anant Geete Heavy Industries & Raigad, (AYUSH) Public Enterprises Maharashtra
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Dr. Jitendra Singh Development of Udhampur, North Eastern Jammu & Region Kashmir Dr. Mahesh Culture Gautam Sharma Buddha Nagar, UP Shri Giriraj Singh Micro, Small and Nawada, Medium Bihar Enterprises Shri Manoj Sinha Communications Ghazipur, UP Col. Youth Affairs and Jaipur Rural, Rajyavardhan Sports, Information Rajasthan Singh Rathore and Broadcasting Shri Raj Kumar Power, Arrah Singh New and Renewable Energy Shri Hardeep Housing and Uttar Pradesh, Singh Puri Urban Affairs Rajya Sabha Shri Alphons Tourism Rajasthan, Kannanthanam Rajya Sabha
Topic 2: Upcoming Important Sport Events
Summer Olympics Japan (2020); Paris (2024), Los ITTF Table Tennis 2018 (London) Angles (2028) World Cup Winer Olympics Pyeong Chang, South Korea (2018); Beijing China (2022) ICC World Cup Cricket Venue: Common Wealth Queensland, Australia (2018); ODI: (One day International): 1. England – 2019|2. India Games London (2022) – 2023 Asian Games Indonesia (2018); Hangzohu, T20 World Cup: Australia - 2020. China (2022) FIFA Russia (2018); Qatar (2022) FIFA (Football) World Cup venue: Common Wealth Brahmas (2017); Belfast (2021) 2018: Russia|2022: Qatar Youth Games Commonwealth Games venues: 2018 – Gold Coast Common Wealth Lima, Peru (2018) (Australia).| 2022: Birmingham (England) Weightlifting Championship Olympics Games venues: 2016 Summer: Rio de Janeiro (Brazil) Men Hockey World 2018 (India) 2018 winter: Pyeongchang (South Korea) Cup 2020 summer: Tokyo (Japan) 2022 Winter: Beijing (China) Women Hockey 2018 (London) 2024 Summer: Paris (France) World Cup
ICC Women Cricket 2021 (New Zealand) Asian Games host cities: World Cup 1. 2014: Incheon (South Korea) ICC Men Cricket 2019 (England); 2023 (India) 2. 2018: Jakarta, Indonesia 3. 2022: Hangzhou, China World Cup FIFA (Women) 2019 (France) → Dare to Shine World Cup
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 3: The Headquarters of the UN Organizations International Organizations HQ: Agency) UNO (United Nations Org) New York OPEC Vienna UNICEF New York Amnesty International London UNCTAD Geneva Commonwealth of Nations London WHO (World Health Org) Geneva International Maritime London ILO (International Labour Org) Geneva Organization WMO (World Meteorological Org) Geneva ICJ (International Court of Justice) The Hague World Intellectual Property Org Geneva Food & Agricultural Organization Rome International Standards Org. Geneva NATO Brussels IMF Washington DC Transparency International Berlin World Bank Washington DC SAARC Kathmandu UNESCO Paris ASEAN Jakarta OECD Paris APEC (Asia Pacific Economic Singapore UNIDO (United Nations Vienna Forum) Industrial Dev. Org) Organization of Islamic Jeddah IAEA (International Atomic Energy Vienna Cooperation
Topic 4: Revolutions in the field of Agriculture in India Black Revolution - Petroleum Production Red Revolution - Meat & Tomato Production Blue Revolution - Fish Production Round Revolution - Potato Brown Revolution - Leather/Non-conventional Silver Fiber Revolution - Cotton (India)/Cocoa production Silver Revolution - Egg/Poultry Production Golden Fiber Revolution - Jute Production White Revolution (In India: Operation Flood) - Golden Revolution - Fruits/Overall Horticulture Milk/Dairy production development/Honey Production Yellow Revolution - Oil Seeds production Green Revolution - Food grains Evergreen Revolution - Overall development of Grey Revolution - Fertilizer Agriculture. Pink Revolution - Onion production/Pharmaceutical (India)/ Prawn production Topic 5: A Brief on the Census 2011 1) The population of the country as per the provisional Least Populous State - Sikkim figures of Census 2011 is 1210.19 million of which 623.7 Most Literate State - Kerala (93.9%) million (51.54%) are males&586.46 million (48.46%) are Least Literate State - Bihar (63.82%) females. National Sex Ratio - Female : Male (940 : 1000) The major highlights of the Census 2011 (Provisional Highest Sex Ratio (State) - Kerala (1084 : 1000) figures) are as under: Lowest Sex Ratio (State) - Haryana *The population of India has increased by more than Highest Sex Ratio (UT) - Puducherry 181 million during the decade 2001-2011. Least Sex Ratio (UT) - Damn & Dayyu (61 : 1000) 2) %age growth in 2001-2011 is 17.64; males Literacy of Male - 82.14% 17.19&females 18.12. Literacy of Female - 65.46% 3) *Uttar Pradesh (199.5 million) is the most populous Population Growth Rate - 17.64% State in the country followed by Maharashtra with 112 Highest fertility Rate - Meghalaya million. Most literate union territory - Lakshadweep (92.2%) Some of the highlights Least literate Union Territory - Dadra Nagar & Haweli Slogan - Our census, Our Future Most Literate District - Serechhip (Mizoram) India's 1st Census - 1872 Least Literate District - Dadra Naga & Haveli 2011 Census is - 15th Census Highest Density of Population - Bihar (1102 sq.km) Total Population - 1,21,01,93,422 Lowest Density of Population - Arunachal Pradesh (17) India's Rank in population - 2nd with 17.5% (1st China Total number of districts - 640 with 19%) Highest Populous District - Thane (Mumbai) Most Populous State - Uttar Pradesh 100% Literacy District - Palakkad (Kerala)
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 100% Banking State - Kerala Density of Population in India - 382 sq. km 100% Banking District - Palakkad (Kerala) Increase in population (during 2001-2011) - 181 million
Topic 6: Current Office Holders List
Important National Officials Director General, NIA YC Modi Designation Name Post Name Chairperson, CBDT Suhsil Chandra Chief Justice, Supreme Court Deepak Misra(45th) Chairperson, National Nand Kumar Sai Speaker, Lok Sabha Sumitra Mahajan Commission for Deputy Speaker, Lok Sabha M. Thambidurai Scheduled Tribes Comptroller & Auditor Rajiv Mehrishi Chairperson, UGC Dhirendra Pal Singh General of India Chairman, ISRO K Sivan Chief Election Commissioner Om Prakash Rawat Chairman, Atomic Energy Shekhar Basu Chairman, Union Public Sh. Arvind Saxena Commission Service Commission Chairperson, TRAI Ram Sevak Sharma Deputy Chairman, Rajya Harivansh Narayan Chairperson, NHAI Shri Yudhvir Singh Malik Sabha Singh Director General, National PP Malhotra Cadet Corps Designation Name Chairperson, Central Anita Karwal Secretary-General, United Antonio Guterres Board of Secondary Nations Organisation Education Managing Director, Christine Lagarde Chairperson, IRDAI Subhash Chandra Khuntia International Monetary Fund Chairperson, Press CK Prasad President, World Bank Jim Yong Kim Council of India Director-General, World Roberto Azevedo Director General, BSF K K Sharma Trade Organisation Director General, SSB Rajni Kant Mishra DG, UNESCO Audrey Azoulay Director General, CRPF Rajiv Rai Bhatnagar President, UN General Miroslav Lajcak Director General, ITBP RK Pachnada Assembly Solicitor General Post vacant Director-General, WHO Tedros Adhanom Attorney General KK Venugopal Ghebreyesus Chairperson, National Justice Adarsh Kumar Goel President, International Court Abdulqawi Ahmed Green Tribunal of Justice Yusuf Director, NCERT Hrushikesh Senapaty President, Asian Takehiko Nakao President, ASSOCHAM Sandeep Jajodia Development Bank Chairperson, NASSCOM Rishad Premji President, International Thomas Bach Olympic Committee Chairman, Press Trust of Vivek Goenka India Director-General, Yukiya Amano International Atomic Energy
Agency Designation Name Secretary-General, NATO Jens Stoltenberg National Security Advisor Ajit Kumar Doval Secretary-General, ASEAN Lim Jock Hoi Chairman, Railway Board Ashwani Lohani Secretary-General, SAARC Amjad Hussain B Sial Director, Central Bureau Alok Verma Secretary-General, Patricia Scotland of Investigation (CBI) Commonwealth Chief, Intelligence Bureau Rajiv Jain President, FIFA Gianni Infantino (IB) Chairman, International Shashank Manohar Chief, Research & Anil Dhasmana Cricket Council Analysis Wing (RAW)
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 7: Important Ports in India
Port State Cochin Kerala Kolkata West Bengal New Mangalore Karnataka Paradip Orissa Mormugao Goa Vishakhapatnam Andhra Pradesh Jawaharlal Nehru Maharashtra Chennai Tamil Nadu Mumbai Maharashtra Ennore Tamil Nadu Kandla Gujarat Tuticorin Tamil Nadu
Topic 8: The Most Famous Temples in India Badrinath Temple: Chamoli district, Uttarakhand Lingaraja Temple: Orissa The Konark Sun Temple: Puri district of Odisha Tirupati Balaji: Tirumala (Andhra Pradesh) Brihadeeswara Temple: Thanjavur city of Tamil Nadu Kanchipuram Temples: Tamil Nadu Somnath Temple: Saurashtra (Gujarat) Khajuraho Temple: Madhya Pradesh Kedarnath Temple: Garhwal area (Uttarakhand) Virupaksha Temple: Hampi, Bellary, Karnataka Sanchi Stupa: Raisen district of Madhya Pradesh Akshardham Temple: Delhi Ramanathaswamy Temple: Tamil Nadu Shri Digambar Jain Lal Mandir: Oldest Jain temple in Vaishno Devi Mandir: J&K, near Katra. Delhi Siddhivinayak Temple: Prabha Devi, Mumbai Gomateshwara Temple: Shravanabelagola town of Gangotri Temple: Uttarkashi district of Uttarakhand Karnataka Golden Temple or Sri Harmandir Sahib: Amritsar Ranakpur Temple: Pali district of Rajasthan Kashi Vishwanath Temple: Varanasi (Uttar Pradesh) Shirdi Sai Baba Temple: Shirdi town of Maharashtra Lord Jagannath Temple: Puri (Orissa) Sree Padmanabhaswamy Temple : Yamunotri Temple: Uttarkashi district of Uttarakhand Thiruvananthapuram, the capital city of Kerala Meenakshi Temple: Madurai (Tamil Nadu) Dwarkadhish Temple: Dwarka city (Gujarat) Amarnath Cave Temple: State of J&K Laxminarayan Temple: In Delhi
Topic 9: List of the Important Airports in India
Airport City State/UT Visakhapatnam Visakhapatna Andhra Pradesh Kempegowda Bangalore Karnataka Airport m International Airport Devi Ahilyabai Holkar Indore Madhya Pradesh Netaji Subhash Kolkata West Bengal Airport Chandra Bose Dr. Babasaheb Nagpur Maharashtra Intl.Airport Ambedkar Intl. Rajiv Gandhi Hyderabad Telangana Airport International Airport Lok Nayak Patna Bihar Sardar Vallabhbhai Ahmedabad Gujarat Jayaprakash Airport Patel International Sri Guru Ram Dass Jee Amritsar Punjab Airport International Airport Chaudhary Charan Lucknow Uttar Pradesh Swami Vivekananda Raipur Chhattisgarh Singh Intl. Airport Airport Lokpriya Gopinath Guwahati Assam Bagdogra Airport Bagdogra West Bengal Bordoloi Intl. Airport Veer Savarkar Port Blair andaman&Nicob Srinagar Airport Srinagar J&K International Airport ar Islands Biju Patnaik Bhubaneswar Odisha Birsa Munda Airport Ranchi Jharkhand International Airport Maharana Pratap Udaipur Rajasthan
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Airport Daporijo Airport Daporijo Arunachal Raja Bhoj International Bhopal Madhya Pradesh Pradesh Airport Tezu Airport Tezu Arunachal Jolly Grant Airport Dehradun Uttrakhand Pradesh Rajahmundry Airport Rajahmundry Andhra Pradesh Kandla Airport Kandla Gujarat Silchar Airport Silchar Assam Sonari Airport Jamshedpur Jharkhand Lengpui Airport Aizwal Mizoram Birsa Munda Airport Ranchi Jharkhand Zaruki International Shillong Meghalaya Agatti Aerodrome Agatti Lakshadweep Airport
Topic 10: What are the names of the Borders/Boundary Lines? Durand Line: Afghanistan & Pakistan 38th Parallel: Separates North Korea&South Korea. Hindenburg Line: Germany & Poland. 39th Parallel north is an imaginary circle of latitude that Mason-dixon Line: Line of demarcation between four is 39 degrees north of the Earth‘s equatorial plane. states in the United States. 40th Parallel north: formed the original northern Mannerheim Line: Russia-Finland border. boundary of the British Colony of Maryland. Macmahon Line: India & China 42nd Parallel north: New York - Pennsylania Border. Medicine Line: Canada & the United States. The Parallel 440 north is an imaginary circle of latitude Order-neisse Line: Poland & Germany that is 44 degrees north of the Earth‘s equatorial plane. Radcliffe Line: India & Pakistan. 45th Parallel north is often called the halfway point Siegfried Line: Germany on its border with France. between the Equator&the North Pole. 17th Parallel: North Vietnam & South Vietnam 45th parallel makes up most of the boundary between 26th Parallel south: Africa, Australia & South America. Montana&Wyoming. 30TH PARALLEL Equator & the North Pole. 49th Parallel is the boundary between USA&Canada
Topic 11: List of Schemes & Apps launched by Banks 1. Airtel money – AXIS BANK + AIRTEL 15. Instant Money Transfer (IMT) – Bank of India 2. Asha Home loan – AXIS BANK 16. Kisan card – AXIS BANK 3. Branch on Wheel – ICICI Bank in Odisha 17. M-Pesa – ICICI Bank+Vodafone 4. Chillar – HDFC Bank 18. Student Travel Card – ICICI Bank 5. China‘s first online Banking ―webank‖ – Tancet 19. TAB BANKING FACILITY – State Bank of India Holdings 20. Tap & pay – ICICI Bank 6. Digital Banking ―POCKET‖ – ICICI Bank 21. IMobile app for windows phone – ICICI Bank 7. Digital Village Project in Akodara Village of Gujarat 22. ‗Saral Rural Housing Loan‘ Scheme - ICICI Bank – ICICI Bank 23. Awareness initiative ‗Dhanchayat - HDFC Bank 8. eforex – State Bank of India 24. UPI App That Turns Your Smartphone into a Bank for 9. E-KYC – State Bank of India Easy Transfers – RBI 10. EMI ON DEBIT CARD – ICICI Bank 25. SBI launches ‗State Bank of India No Queue‘ Mobile 11. First home grown INDEX ―COMPOSITE INDEX‖ – App – State Bank of India State Bank of India 26. UcoPay wallet - UCO Bank 12. I-Mobile app for windows phone – ICICI Bank 27. LIME App - Axis Bank 13. India‘s first‖ transparent credit card ―in association 28. PAYZAPP App - HDFC Bank with American Express – ICICI Bank 14. Instant money transfer – Bank of India
Topic 12: Stock Exchanges around the World New York Stock Exchange (NYSE): HQ in New York Shanghai Stock Exchange: HQ in Shanghai. City Hong Kong Stock Exchange: HQ in Hong Kong. NASDAQ OMX: HQ in New York City. Toronto Stock Exchange: HQ in Toronto. Tokyo Stock Exchange: HQ in Tokyo BM&F Bovespa: HQ in Sao Paul London Stock Exchange: HQ in London. Australian Securities Exchange: HQ in Sydney 90 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]
General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Deutsche Börse: HQ in Frankfurt. Taiwan Stock Exchange – HQ in the city of Taipei JSE Limited HQ in Johannesburg, South Africa. American Stock Exchange (AMEX) HQ in New York, USA Borsa Italia HQ in Milan, Italy London International Financial Futures&Options Exchange (LIFFE) HQ in London, Great Britain Montreal Exchange (MSE) HQ in Montreal, Canada Nordic: Baltic market (OMX) HQ in Stockholm, Sweden Bolsa de Madrid (Madrid Stock Exchange) HQ in Madrid, Spain Afghanistan Stock Exchange HQ in Kabul Chittagong Stock Exchange HQ in Chittagong Royal Securities Exchange of Bhutan HQ inThimphu Maldives Stock Exchange HQ in Malé Nepal Stock Exchange HQ in Kathmandu Sialkot Stock Exchange HQ in Sialkot Colombo Stock Exchange HQ in Colombo
Topic 13: Dams in India
Dam River State Nagarjuna Sagar Krishna Telangana Tehri Dam Bhagirathi Uttarakhand Dam Lakhwar Dam Yamuna Uttarakhand Salal (Rockfill& Chenab J&K Idukki (Eb)/Idukki Periyar Kerala Concrete) Dam Arch Dam Supa Dam Kali Nadi Karnataka Bhakra Dam Satluj Himachal Koteshwar Dam Bhagirathi Uttarakhand Pradesh Rihand Dam Rihand Uttar Pradesh Pakal Dul Dam Marusudar J&K Indira Sagar Narmada Madhya Pradesh Sardar Sarover Narmada Gujarat (NHDC) Dam Gujarat Dam Pillur Dam Bhavani Tamil Nadu Srisailam (N.S.R.S.P) Krishna Andhra Pradesh Madupetty (Eb) Palar Kerala Dam Dam Ranjit Sagar Dam Ravi Punjab Parbati II Dam Parbati Himachal Baglihar Dam CHENAB J&K Pradesh Pong Dam Beas Himachal Chakra Dam Chakra Karnataka Pradesh Ukai Dam Tapi Gujarat
Topic 14: CLASSICAL DANCES & FOLK DANCES IN INDIA
Indian Classical Dances North India Bharatnatyam: Tamil Nadu & Karnataka Dumhal: Rauf tribe of Jammu & Kashmir Kathak: North India HurkaBaul: Uttarakhand Kathakali: Kerala. Chholiya: Kumaon region, Uttarakhand Kuchipudi: Andhra Pradesh. Bhangra: Punjab Manipuri: Manipur Dhamyal - ‗Dhamyal‘ or ‗Dhuph‘: Haryana Mohiniattam: Kerala. Mayur Nritya: Uttar Pradesh Odissi: Orissa state. Charkula: Braj region of Uttar Pradesh. Gaudiya Nritya: West Bengal Giddha: State of Punjab Sattriya: Assam Haryana: Swang, Naqqal, Dhamal Ghoomar: Rajasthan Himachal Pradesh: Nati, Kariyala, Bhagat Thang Ta: Manipur
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Central India South India Gaur Dance: Chhattisgarh Padayani: Kerala Muria Dance: Bastar district of Chhattisgarh Kolannalu: Andhra Pradesh Saila Dance: Bastar district in the state of Chhattisgarh Parai Attam: Tamil Nadu Kaksar Dance: Bastar district in the state of Chhattisgarh Karagattam: Tamil Nadu Jawara Dance: Madhya Pradesh Paampu Attam: Tamil Nadu. Bhagoria Dance: Madhya Pradesh Poikal Kudirai Attam: Tamil Nadu Suwa Dance: Chhattisgarh Theyyam: Kerala Grida Dance: Madhya Pradesh Andhra Pradesh: Veethi Natakam, Burrakatha, Lambadi, Koya. East India Telangana: Bathukamma Brita Dance: ‗Brita‘ or ‗Vrita‘ dance: West Bengal Dollu Kunitha: Karnataka Dalkhai: Odisha. Ghodemodni: Goa Gotipua: Odisha Lava Dance: Lakshadweep Bihar: Jadur, Kathaputli, Bhako, Jhijiya Fugdi: Goan dance performed in the Konkan region Veeragase: Karnataka North East India Koli: Maharashtra Hojagiri: Tripura Nongkram Dance: Meghalaya West India Bagurumba: Assam Dandiya: Gujarat and Rajasthan Bhortal Dance: Assam Garba: Gujarat Cheraw Dance: Mizoram Padhar Dance: Gujarat Chang Lo: Nagaland Rajasthan: Khyal, Rasdhari, Rammat, Gauri, Ghoomar Bardo Chham: Arunachal Pradesh Bihu: Assam Topic 15: The Headquarters of the important Public-Sector Undertakings Agriculture Insurance Company of India: New Delhi Mineral Exploration Corporation Limited: Nagpur, Air India Limited: New Delhi Maharashtra Airports Authority of India: New Delhi NHPC Limited: Faridabad, Haryana Bharat Bhari Udyog Nigam: Kolkata, West Bengal National Aluminium Co Ltd: Bhubaneshwar, Orissa Bharat Earth Movers (BEML): Bangalore, Karnataka National Aviation Company of India: New Delhi Bharat Electronics Limited: Bangalore, Karnataka National Buildings Construction Corporation: New Bharat Heavy Electricals Limited(BHEL): New Delhi Delhi Bharat Petroleum Corporation Limited: Mumbai, National Fertilizers Limited: Noida, Uttar Pradesh Maharashtra National Handloom Development Corporation Limited: Coal India Limited: Kolkata, West Bengal Lucknow, Uttar Pradesh Damodar Valley Corporation: Kolkata, West Bengal National Insurance Co Ltd: Kolkata, West Bengal Electronics Corporation of India: Hyderabad, Telangana National Textile Corporation: New Delhi Fertilizer Corporation of India Limited: Noida, Uttar New India Assurance Company: Mumbai, Maharashtra Pradesh Neyveli Lignite Corporation Limited: Tamil Nadu Food Corporation of India: New Delhi North Eastern Regional Agricultural Marketing General Insurance Corporation of India Limited (GIC): Corporation: Assam Mumbai, Maharashtra Numaligarh Refinery Limited: Assam Hindustan Aeronautics Limited: Bangalore, Karnataka Oil & Natural Gas Corporation: Dehradun, Uttarakhand Hindustan Petroleum Corporation Limited: Mumbai, Oil India Limited: New Delhi Maharashtra Oriental Insurance Company: New Delhi India Infrastructure Finance Company: New Delhi Pawan Hans Limited: New Delhi Indian Oil Corporation: New Delhi Shipping Corporation of India Limited: Mumbai, The Jute Corporation of India Limited: Kolkata, West Maharashtra Bengal United India Insurance Company: Chennai, Tamil Nadu Mahanadi Coalfields Limited: Sambalpur, Odisha Uranium Corporation of India: Jaduguda, Jharkhan.
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Topic 16: Nick Names of Important Indian Places
Nick Names City Sorrow Of Bengal Damodar River Golden City Amritsar Sorrow Of Bihar Kosi River Manchester Of India Ahmedabad Blue Mountains Nilgiri City Of Seven Islands Mumbai Queen Of The Mountains Mussoorie (Uttarakhand) Queen Of Arabian Sea Cochin Sacred River Ganga Space City Bangalore Hollywood Of India Mumbai Garden City Of India Bangalore City Of Castles Kolkata Silicon Valley Of India Bangalore State Of Five Rivers Punjab Electronic City Of India Bangalore City Of Weavers Panipat Pink City Jaipur City Of Lakes Srinagar Gateway Of India Mumbai Steel City Of India Jamshedpur (Called Twin City: Hyderabad, Secunderabad Tatanagar) City Of Festivals Madurai City Of Temples Varanasi Deccan Queen Pune Manchester Of The North Kanpur City Of Buildings Kolkata City Of Rallies New Delhi Dakshin Ganga Godavari Heaven Of India J&K Old Ganga Godavari Boston Of India Ahmedabad Egg Bowls Of Asia Andhra Pradesh Garden Of Spices Of India Kerala Soya Region Madhya Pradesh Switzerland Of India Kashmir Manchester Of The South Coimbatore Abode Of The God Prayag(Allahabad) City Of Nawabs Lucknow Pittsburg Of India Jamshedpur Venice Of The East Cochin
Topic 17: Important Defence Exercise Conducted in the World Garuda: India-France Nomadic Elephant: Indian Army Exercises with HAND-HAND: India-China Mongolia Indra: India-Russia Ekuverin: Maldives&India Jimex: India-Japan Garuda Shakti: India&Indonesia Malbar: Us-India-Japan Mitra Shakti: India-Sri Lanka Shade: Naval Forces Of India, Japan&China Naseem Al-Bahr: India-Oman Surya Kiran: India&Nepal SLINEX: Joint exercise in Navy between India&Sri Varuna: France&India Lanka Simbex: Indian Navy With Republic Of Singapore Sahyog-Kaijin -Joint exercise of Coast Guards of Navy India&Japan Ibsamar: India with Brazil&South African Navy Malabar: India&US Konkan: Indian Navy&Royal Navy Of Britain Yudh Abhyas: India&US Ausindex: Indian&Australian Navy Red flag: India&US Indradhanush Or Rainbow: India-Uk Air Exercises Cope: India&US SAMPRITI – India&Bangladesh
Topic 18: Stadiums Around the World
Stadiums in Australia Adelaide Oval- Adelaide Stadiums in Bangladesh Bundaberg Rum Stadium- Cairns Bangabandhu National Stadium- Dhaka Telstra Dome- Melbourne Chittagong Stadium- Chittagong Manuka Oval- Canberra Marrara Cricket Ground- Darwin Stadiums in England Melbourne Cricket Ground- Melbourne Edgbaston- Birmingham Sydney Cricket Ground- Sydney Headingley- Leeds W.A.C.A. Ground- Perth Lord's- London
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Old Trafford- Manchester John Davies Oval-Queenstown Sophia Gardens- Cardiff McLean Park-Napier St Lawrence Ground- Canterbury The Brit Oval- London Stadiums in Pakistan Trent Bridge- Nottingham Arbab Niaz Stadium-Peshawar Ayub National Stadium-Quetta Stadiums in India Gaddafi Stadium-Lahore Barabati Stadium -Cuttack Barkatullah Khan Stadium -Jodhpur Stadiums in South Africa Barsapara Cricket Stadium: Guwahati Kingsmead-Durban Greenfield International Stadium: New Wanderers Stadium-Johannesburg Thiruvananthapuram Newlands-Cape Town Brabourne Stadium -Mumbai St George's Park-Port Elizabeth Eden Gardens -Kolkata Centurion Super Sport Park-Pretoria Feroz Shah Kotla -Delhi Gandhi Stadium -Jalandhar Stadium in Sri Lanka Green Park -Kanpur Colombo Cricket Club Ground-Colombo Indira Gandhi Stadium -Vijayawada Galle International Stadium-Galle Rajiv Gandhi Port Silver Jubilee Stadium - P.Saravanamuttu Stadium-Colombo Visakhapatnam R.Premadasa Stadium-Colombo Jawaharlal Nehru Stadium -New Delhi Sinhalese Sports Club Ground-Colombo Lal Bahadur Shastri Stadium -Hyderabad M.Chinnaswamy Stadium -Bangalore Stadiums in West Indies MA Chidambaram Stadium -Chennai Sabina Park Kingston-Jamaica Madhavrao Scindia Cricket Ground -Rajkot Antigua Recreation Ground St John's-Antigua Moin-ul-Haq Stadium -Patna Guyana Cricket Stadium Georgetown-Guyana Sardar Vallabhai Patel Motera Stadium -Ahmedabad Kensington Oval Bridgetown-Barbados Sawai Mansingh Stadium -Jaipur Mindoo Phillip Park Castries-St Lucia Vidarbha CA Ground -Nagpur Albion Sports Complex Berbice-Guyana Wankhede Stadium –Mumbai Jawaharlal Nehru Stadium: Kochi (Kerala) Stadiums in Zimbabwe Dr. Bhupen Hazarika Cricket Stadium: Guwahati Bulawayo Athletic Club-Bulawayo (Assam) Harare Sports Club-Harare Dhyan Chand National Stadium: Delhi Kwekwe Sports Club-Kwekwe Queens Sports Club-Bulawayo Stadiums in New Zealand Basin Reserve-Wellington Stadiums in United Arab Emirates Eden Park-Auckland Sheikh Zayed Stadium-Abu Dhabi Jade Stadium-Christchurch Sharjah Cricket Stadium-Sharjah
Topic 19: List of Important Days Important Days: April Important Days: October 2 April - World Autism Awareness Day First Monday of October-World Habitat Day 5 April - National Maritime Day 5th October- World Teachers Day 7 April - World Health Day 9th October- World Post Day 10 April - World Homoeopathy Day 10th October- World Mental Health Day 11 April - National Safe Motherhood Day 11th October- International Day of the Girl Child 18 April - World Heritage Day 13th October- International Day for Disaster Reduction 22 April - World Earth Day 15th October- International Day of Rural Women 24 April - National Panchayati Day 16th October- World Food Day 25 April - World Malaria Day 17th October- International Day for Eradication of Poverty 26 April - World Intellectual Property Day 21st October- Police Commemoration Day 29 April - International Dance Day 24th October- United Nations Day, World Polio Day,
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 Important Days: May 31st October- Rashtriya Ekta Diwas (National Unity Day) 1 May - International Labours day 2 May - World Asthma Day 3 May - Press Freedom Day 8 May - World Red Cross Day Important Days: November 11 May - National Technology Day 9 Nov: World Legal Services Day 17 May - International Telecommunication Day 10 Nov: World Immunization Day 22 May - International Day for Biological Diversity 12 Nov: World Pneumonia Day 24 May - Commonwealth Day 16 Nov: International Day for Tolerance 31 May - Anti Tobacco Day 17th Nov: International Students Day 19 Nov: International Journalist‘s Remembrance Day Important Days: June 20th Nov: Universal Children‘s Day 4th June: World Day of Innocent Children Victims of 21st Nov: World Television Day, World Fisheries Day Aggression 25th Nov: International Day for the Elimination of 5th June: World Environment Day Violence against Women 8 June: World Oceans Day 26th Nov: National Law Day (India) 12 June: World Day Against Child Labor 14th June: World Blood Donor Day Important Days: December 15th June: World Elder Abuse Awareness Day 1st Dec: World Aids Day 3rd Sunday of June: World Father's Day 2nd Dec: International Day for the Abolition of Slavery 21st June: International Yoga Day 4th Dec: Indian Navy Day 23rd June: International Olympic Day 7th Dec: Indian Armed Force Flag Day, International Civil 26th June: International Day against Drug Abuse & Illicit Aviation Day Trafficking 9th Dec: International Day against Corruption 10th Dec: Human Rights Day Important Days: January 14th Dec: National Energy Conservation Day (India) 4th Jan: International World Braille Day 18th Dec: International Migrants Day 9th Jan: NRI Day 23rd Dec: Farmers Day (India) 10th Jan: World Laughter Day 29th Dec: International Biodiversity Day 12th Jan: National youth day (India) Important Days: March 15th Jan: Army Day (India) 8 Mar: International Women‘s Day 24th Jan: National Girl child day (India) 15 Mar: World Consumer Rights Day, World Disabled Day 25th Jan: Tourism Day & National Voters Day (India) 16 Mar: National Vaccination Day World Forestry Day: 21Mar Important Days: February World Day for Water: 22Mar 2nd Feb: World Wetlands Day World TB Day: 24 Mar
4th Feb: World Cancer Awareness Day 21st Feb: International Mother Language Day 23th Feb: World Peace & Understanding Day 28th Feb: National Science Day (India)
Topic 20: Summits & the Meetings to be held recently S.no Name of the Summit/Meeting Venue 6. Our Ocean Summit 2018 Bali 1. Summit of the Americas 2018 Lima, Peru 7. 13th G20 Summit 2018 Buenos Aires, 2. G7 Summit 2018 Canada Argentina 3. Euro Summit 2018 Brussels 8. UNFCCC COP 24 {UN Katowice, Poland Framework Convention on 4. NATO Summit 2018 Brussels Climate Change} 5. 10th BRICS Summit 2018 Johannesburg
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General Awareness Power Capsule for IBPS RRB PO|CLERK MAINS Exams 2018 11. 44th G7 Summit 2018 Canada 2018 12. 51st ADB Annual Meeting 2018 Manila 17. 33rd ASEAN Summit 2018 Singapore 13. 18th NAM Summit 2019 Azerbaijan 18. East Asia Summit 2018 Singapore 15. Commonwealth Heads of London, United 19. 30th APEC Summit 2018: Papua, New Guinea Port Government Meet Kingdom Mores (CHOGM): CHOGM 2018 31st APEC Summit 2019: Chile 16. 7th OPEC International Seminar Vienna, Austria 20. SCO Summit 2018 Qingdao, China
Topic 21: List of Indian Cities on Rivers Banks
City River State 37. Fatehgarh Ganga Uttar Pradesh 1. Agra Yamuna Uttar Pradesh 38. Kannauj Ganga Uttar Pradesh 2. Ahmedabad Sabarmati Gujarat 39. Mangalore Netravati, Karnataka 3. Allahabad At the confluence Uttar Pradesh Gurupura of Ganga, 40. Shimoga Tunga River Karnataka Yamuna and 41. Bhadravathi Bhadra Karnataka Saraswati 42. Hospet Tungabhadra Karnataka 4. Ayodhya Saryu Uttar Pradesh 43. Karwar Kali Karnataka 5. Badrinath Alaknanda Uttarakhand 44. Bagalkot Ghataprabha Karnataka 6. Banki Mahanadi Odisha 45. Honnavar Sharavathi Karnataka 7. Brahmapur Rushikulya Odisha 46. Gwalior Chambal Madhya 8. Chhatrapur Rushikulya Odisha Pradesh 9. Bhagalpur Ganga Bihar 47. Gorakhpur Rapti Uttar Pradesh 10. Kolkata Hugli West Bengal 48. Lucknow Gomti Uttar Pradesh 11. Cuttack Mahanadi Odisha 49. Kanpur Ganga Uttar Pradesh 12. New Delhi Yamuna Delhi 50. Shuklaganj Ganga Uttar Pradesh 13. Dibrugarh Brahmaputra Assam 51. Chakeri Ganga Uttar Pradesh 14. Ferozpur Sutlej Punjab 52. Malegaon Girna River Maharashtra 15. Guwahati Brahmaputra Assam 53. Sambalpur Mahanadi Odisha 16. Haridwar Ganga Uttarakhand 54. Rourkela Brahmani Odisha 17. Hyderabad Musi Telangana 55. Pune Mula, Mutha Maharashtra 18. Jabalpur Narmada Madhya 56. Daman Daman Ganga Daman Pradesh River 19. Kanpur Ganga Uttar Pradesh 57. Madurai Vaigai Tamil Nadu 20. Kota Chambal Rajasthan 58. Thiruchirapalli Kaveri Tamil Nadu 21. Kottayam Meenachil Kerala 59. Chennai Cooum, Adyar Tamil Nadu 22. Jaunpur Gomti Uttar Pradesh 60. Coimbatore Noyyal Tamil Nadu 23. Patna Ganga Bihar 61. Erode Kaveri Tamil Nadu 24. Rajahmundry Godavari Andhra 62. Tirunelveli Thamirabarani Tamil Nadu Pradesh 63. Bharuch Narmada Gujarat 25. Srinagar Jhelum Jammu & 64. Karjat Ulhas Maharashtra Kashmir 65. Nashik Godavari Maharashtra 26. Surat Tapi Gujarat 66. Mahad Savitri Maharashtra 27. Tiruchirapalli Kaveri Tamil Nadu 67. Nanded Godavari Maharashtra 28. Varanasi Ganga Uttar Pradesh 68. Kolhapur Panchaganga Maharashtra 29. Vijayawada Krishna Andhra 69. Nellore Pennar Andhra Pradesh Pradesh 30. Vadodara Vishwamitri Gujarat 70. Nizamabad Godavari Telangana 71. Sangli Krishna Maharashtra 31. Mathura Yamuna Uttar Pradesh 72. Karad Krishna, Koyna Maharashtra 32. Mirzapur Ganga Uttar Pradesh 73. Hajipur Ganga Bihar 33. Auraiya Yamuna Uttar Pradesh 74. Ujjain Shipra Madhya 34. Etawah Yamuna Uttar Pradesh Pradesh 35. Bangalore Vrishabhavathi Karnataka 36. Farrukhabad Ganga Uttar Pradesh
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