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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Contents Must-Do Current Affairs for IBPS CLERK MAINS 2018 ...... 2 BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS ...... 8 ECONOMY/FINANCIAL CURRENT AFFAIRS ...... 11 Static Takeaways from Banking & Economy Current Affairs ...... 12 Current Affairs Injections of JANUARY 2018 for IBPS CLERK MAINS 2018 ...... 14 Static Take Aways January 2018 Current Affairs Injec ...... 18 Static Take Aways December 2017 Current Affairs ...... 19 Static Take Aways November 2017 Current Affairs ...... 22 Static Take Aways from October 2017 Current Affairs ...... 25 BUSINESS NEWS (NATIONAL & INTERNATIONAL) ...... 28 Static Takeaways from Business Current Affairs ...... 29 AGREEMENTS/MOU SIGNED ...... 29 Countries|Capital|Currency Part 1 ...... 30 NEW APPOINTMENTS: NATIONAL ...... 30 NEW APPOINTMENTS: INTERNATIONAL ...... 32 Static Takeaways from New Appointments ...... 33 AWARDS ...... 34 CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL) ...... 36 COMMITTEES IN NEWS ...... 39 NATIONAL CURRENT AFFAIRS ...... 39 INTERNATIONAL CURRENT AFFAIRS ...... 42 Countries | Capital | Currency Part 2 ...... 43 CURRENT AFFAIRS RELATED TO STATES IN ...... 44 ALL ABOUT THE STATES IN INDIA CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS / POWER PLANTS IN INDIA ...... 46 OBITUARIES (NATIONAL/INTERNATIONAL) ...... 49 LIST/INDEXES ANNOUNCED RECENTLY ...... 50 Static Takeaways: Index/Reports released by different Organisations ...... 52 IMPORTANT DAYS OBSERVED RECENTLY ...... 53 BOOKS & AUTHORS ...... 54 DEFENCE CURRENT AFFAIRS ...... 55 SPORTS CURRENT AFFAIRS ...... 57 SCHEMES ...... 62 MISCELLANEOUS TOPICS ...... 64 BANKING AWARENESS CAPSULE FOR IBPS CLERK MAINS 2018 ...... 66 HANDY NOTES BANKING: PRIORITY SECTOR LENDING ...... 74 STATIC GK CAPSULE for IBPS CLERK MAINS 2018 ...... 87 List of Schemes & Apps launched by ...... 87 List of Union Cabinet Ministers & their Constituency ...... 87 IMPORTANT AIRPORTS IN INDIA ...... 92 BOUNDARY LINES ...... 93 IMPORTANT DAMS IN INDIA ...... 93 CLASSICAL DANCES&FOLK DANCES IN INDIA ...... 93 IMPORTANT DAYS ...... 94

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Must-Do Current Affairs for IBPS CLERK MAINS 2018 BJP wins absolute Majority in & Himachal Best Lyrics: Amitabh Bhattacharya (Dangal) Pradesh Assembly Elections 2017 Best Music Director: Pritam (Dangal) BJP retained power in Gujarat for the 6th time in a row & Best Debut Director: Suresh Triveni (Tumhari Sulu) swept the polls in HP. In Gujarat, BJP won 99 seats, Congress won 77 seats & others 6. In , Center Enhances Monetary Allowances for Gallantry BJP won 44 seats. In HP, Congress CM Award Winners won, while former BJP CM Prem Dhumal lost. Jairam Thakur will be Himachal Pradesh‘s new CM . Post-Independence Gallantry Awards (100% Increase) will continue as CM of Gujarat & Nitin Patel Gallantry Award Revised rate of Monetary will be elected as his deputy chief minister. Allowance (Rupees per month) State-Run Banks' NPAs Touched Rs 7.34 Lakh Crore- RBI Param Vir Chakra (PVC) 20,000 Data Ashoka Chakra 12,000 Bad loans of Public sector banks (PSBs) stood at Rs 7.34 Maha Vir Chakra (MVC) 10,000 lakh crore by the end of second quarter this fiscal. Kirti Chakra (KC),000 9,000

The network of Debt Recovery Tribunals expanded to 39 at Vir Chakra (VrC) 7,000 present, as compared to 33 in 2016-17. Shaurya Chakra (SC) 6,000 The gross NPA of public sector & private sector banks as Sena/Nao Sena/Vayu 2,000 on Sept. 30, 2017, were Rs 7,33,974 crores & Rs 1,02,808 Sena Medal crore, respectively. Note: Chief of Army Staff- Bipin Rawat| Chief of Navy Among the major govt.-owned banks, SBI had the highest Staff- Sunil Lanba. | Chief of Air Staff- Birender Singh level of NPAs at over Rs 1.86 lakh crore, followed by PNB Dhanoa. (Rs 57,630 crore) & of India (Rs 49,307 crore).

Among private banks, ICICI Bank had the most amount 11th WTO Ministerial Conference Held in of NPAs at Rs 44,237 crore, followed by (Rs a) 11th World Trade Organization (WTO) Ministerial 22,136 crore) & HDFC Bank (Rs 7,644 crore). Conference (MC11) held in , Argentina. b) It was chaired by Minister Susana Malcorra of Small Savings Schemes‘ Interest Rates Cut by 20 bps Argentina.

Govt. slashed interest rates on small savings schemes, c) Indian Delegation was led by Minister of Commerce & including National Savings Certificate (NSC) & Public Industry Suresh Prabhu. Provident Fund (PPF), by 0.2% for the January-March d) Three proponent groups announced new initiatives to period from the rates applicable in the previous quarter. advance talks at the WTO on the issues of electronic This will prompt banks to lower deposit rates. commerce, investment facilitation, & micro, small &

Interest on savings deposits has been retained at 4%. medium-sized enterprises (MSMEs). Instrument Rate of Interest e) European Union contributed EUR 1 million (over CHF National Savings Certificate (NSC) 7.6% 1.2 million) to improve the trading capacity of Sukanya Samriddhi Account 8.1% developing countries & to help them play a more active Kisan Vikas Patra (KVP) 7.3% role in trade negotiations. Public Provident Fund (PPF) 7.6% f) govt. announced at the WTO‘s Senior Citizens Savings Scheme 8.3% Ministerial Conference with a commitment of £16 Savings Deposit 4% million (around US$ 21.3 million) to 51 of the world‘s 5 Years Recurring Deposit 6.9% poorest countries.

All About the Star Screen Awards 2017 held in Features of New House Building Advance (HBA) rules The complete list of winners are as follows: Incorporating the accepted recommendations of 7th Pay Best Film (Critics): Newton Commission, Govt. raised the maximum amount that a Best Director: Nitesh Tiwari (Dangal) central Govt. employee can borrow from the Govt. to Rs Best Actress (Critics): Vidya Balan (Tumhari Sulu) 25 lakh for new construction/purchase of new house/flat. Best Actress: Konkona Sen Sharma (Lipstick Under My The govt. also increased the amount that a central govt. Burkha) employee can borrow for expansion of their homes to 34 Best Actor (Critics): Rajkummar Rao (Newton) months of basic pay to a maximum of Rs 10 lakh, from Rs Best Actor: Irrfan Khan ( Medium) 1.80 lakh earlier.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Inducts Scorpene-Class Submarine Four agreements were signed by India & - Kalvari into Indian Navy in areas including Defence Cooperation & Logistics, PM Modi commissioned India's first modern agriculture, MSME & forging closer relations between conventional submarine, INS Kalvari, into Navy's fleet in the Indian Council of World Affairs & the Philippines Mumbai, a first in almost two decades. Foreign Service Institute. PM Modi held bilateral talks with his Australian PM Malcolm Turnbul. In their brief meeting, both sides exchanged views on issues of mutual interest, including bilateral, regional & international issues. Note: Philippines Capital- Manila, Currency- Philippine peso. President- Rodrigo Duterte.

ISSF World Cup 2017- Highlights Hosts India finished seventh overall with one gold, one silver, & a bronze, while pipped in the medals Kalvari is the first of the six Scorpene-class submarines tally, as the ISSF World Cup Final, in New . handed over by shipbuilder Mazagon Dock Limited (MDL). Important wins from India side are as follows- Key facts to know about Kalvari Submarine- 1. India won through /Heena Sidhu (gold in 1. Dreaded Tiger shark- It is named after the dreaded tiger mixed team 10m air pistol), shark, a deadly deep-sea predator of the Indian Ocean. 2. Sangram Dahiya (silver in men's double trap), and 2. French naval defense's design- The submarines, designed 3. Amanpreet Singh (bronze in men's 50m pistol). by French naval defense & energy company DCNS, are This was India's best ever result in the annual ISSF being built by Mazagon Dock Limited (MDL) in Mumbai. shooting centerpiece. China's Rio 2016 10m air pistol 3. Scorpene class submarine- The Navy is inducting six women's champion, Mengxue Zhang & Gengcheng Scorpene-class submarines on a 3-billion dollar contract. Sui, were crowned Champion of Champions in pistol Construction for the first submarine, designated as MDL & rifle respectively. Yard 11875 commenced in December 2006. Yonex French Open Badminton 2017: Complete List of 31st ASEAN Summit 2017 Highlights Winners a) 31st Association of Southeast Asian Nations Summit held Yonex French Open 2017 Badminton tournament was held in Manila, Philippines. in . French Open Badminton Tournament is held b) Philippine President Rodrigo Duterte chaired the summit. annually since 1909 in . c) The theme "Partnering for Change, Engaging the World". Category Winner Runner-up Important Excerpts from the Visit of PM Modi to 1. Men‘s Singles Kidambi Kenta Philippines & 31st ASEAN Summit- Srikanth (India) Nishimoto Meetings Held/Agreements Signed- () 1. The Master Plan on ASEAN Connectivity (MPAC) 2025 2. Women‘s Tai Tzu Ying Akane Videos were launched. Singles (Chinese Yamaguchi 2. Regional Comprehensive Economic Partnership Ministerial ) (Japan) Meeting (RCEP MM). 3. Men‘s Doubles Lee Jhe-Huei & Mathias Boe &

3. Signing of the Side Agreements of the ASEAN- Lee Yang Carsten Investment Agreement (AHKIA). (Chinese Mogensen 4. Signing of the ASEAN-Hong Kong, China (AHKFTA) Free Taipei) () Trade Agreement (FTA). 4. Women‘s Apriyani Lee So Hee & India's Meetings/Bilateral Talks- Doubles Rahayu & Shin Seung PM Modi visited the International Rice Research Institute Greysia Polii Chan (South (IRRI), in Philippines. The institute is working towards () Korea) developing better quality of rice seed & addressing food

scarcity issues. All You Need to Know About Paradise Papers Indo-US Bilateral Talks- PM Modi & US President After Papers leak, another secret financial data Donald Trump held bilateral talks on the sidelines of the leaked by International Consortium of Investigative ASEAN Summit in Manila. Both leaders discussed a range Journalists named 'Paradise Papers'. of key issues including defence & security. 3 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 In the new set of records obtained primarily from USA-Based Namit Deshpande becomes the First NRI to Bermuda-based firm Appleby & -based Asiaciti Play for India‘s U17 World Cup Team. Trust, a trove of 13.4 million documents, named ‗Paradise England has won the FIFA U-17 World Cup by Papers‘ has come to the fore. defeating by 5-2. It was obtained by German newspaper Suddeutsche Phil Foden of England adjudged tournament‘s best Zeitung & were investigated by the International player & awarded ‗Golden Ball‘. Consortium of Investigative Journalists (ICIJ) working in Rhian Brewster from England has scored the most goals partnership with 96 news organisations. The Paradise (8 goals) & awarded, 'Golden Boot'. Papers also take into account corporate registries Gabriel Brazao the goalkeeper of ‘s national maintained by Govt.s in 19 secret jurisdictions, which are football team has won the ‗Golden Glove‘. often referred to as ‗tax havens‘. Brazil has won the Fair Play Award. The Indian Express, part of the International Consortium of Investigative Journalists (ICIJ), reported that among the All About ISSF, New Delhi 2017 180 countries represented in the data, India ranked 19th in Hosts India finished seventh overall with one gold, one terms of the number of names featured. The Paradise silver, & a bronze, while Italy pipped China in the medals Papers aims to expose trails of veiled offshore financial tally, as the ISSF World Cup Final, in New Delhi. activities. The list has about 714 Indians. Important wins from India side are as follows- International Consortium of Investigative Journalists 1. India won through Jitu Rai/Heena Sidhu (gold in It was founded in 1997 by an American journalist mixed team 10m air pistol), Chuck Lewis. 2. Sangram Dahiya (silver in men's double trap), and It is Headquartered in Washington, DC, USA. 3. Amanpreet Singh (bronze in men's 50m pistol).

PM of Italy Visited India Complete list of Nobel Prize Winners 2017 Italian PM Paolo Gentiloni visited India. This is the first The 2017 Nobel Prize were announced recently in 6 visit by an Italian premier in 10 years. different fields viz. Physiology or Medicine, Physics, Joint Declaration of Intent of Cooperation for Safety in the Chemistry, Literature, Peace, & Economic Sciences. Railway sector Field Description Winner MoU on 70 years of diplomatic relations between Indian Physiology for the discoveries of Jeffrey C. Hall Council of Cultural Relations & Ministry of Foreign Affairs or Medicine molecular (USA), Michael & International Cooperation, Govt. of the Republic of Italy mechanisms Rosbash (USA) & MoU on cooperation In the field of Energy controlling the Michael W. Executive Protocol on Cultural Cooperation circadian rhythm Young (USA) MoU between the Training Unit of the Ministry of Foreign Physics for decisive Rainer Weiss Affairs & International Cooperation. contributions to the (), Barry MoU for promoting mutual investments between Italian LIGO detector & the C. Barish (USA) Trade Agency & Invest India observation of & Kip S. Thorne Note: : Capital of Italy. Euro: Currency of Italy. gravitational waves (USA) Chemistry for developing cryo- Jacques Dubochet All About FIFA U-17 World Cup 2017 electron microscopy (Swizerland), 17th edition of FIFA U-17 World Cup took place for the for the high- Joachim Frank first time in India. resolution structure (Germany) & It is a biennial international football tournament of men‘s determination of Richard under-17 national teams organized by Federation biomolecules in Henderson Internationale de Football Association (FIFA). solution (Scotland) The Mascot was clouded named ‗Kheleo‘. in novels of great Kazuo Ishiguro The official ball is called ‗Krasava‘. Literature emotional force, has (Japan) The final match held in Salt Lake Stadium, Kolkata. uncovered the abyss This was the first time India hosted U-17 FIFA World Cup. beneath our illusory ‘s Esther Staubli became the first female sense of connection football referee to officiate a match. with the world Jeakson Singh creates history by scoring India‘s first ever Peace for its work to draw International goal in FIFA World Cup. attention to the Campaign to FIFA U-17 WC in India becomes most attended in catastrophic Abolish Nuclear event‘s history for the first time. humanitarian Weapons (ICAN)

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 consequences of any (founded in 2. President of the Republic of (Chaired) use of nuclear ) Nursultan Nazarbayev chaired the Meeting. weapons & for its 3. During the meet, India & Pakistan became full members of ground-breaking SCO. , China is the HQ of SCO. efforts to achieve a 4. It was founded in in 2001. treaty-based 5. The next meeting will be held in 2018 in China. prohibition of such weapons 12th G-20 Summit held in Germany Economic for contributions to Richard H. 1. 12th G20 Summit 2017 held in Hamburg, Germany. Sciences behavioural Thaler (USA) 2. Theme of summit was 'shaping an interconnected world'. economics 3. The leaders adopted a declaration focusing on: a) sharing the benefits of globalization All About the "Power for All - Saubhagya Scheme" b) building resilience c) improving sustainable livelihood PM Modi launched - Pradhan Mantri Sahaj Bijli Har d) assuming responsibility Ghar Yojana ‗Saubhagya‘ to provide electricity 4. French President Macron announced that France will connections to over 4 crore families in rural & urban areas host another conference on climate change on 12 Dec 2017. by December 2018. India will achieve the target of power 5. 13th G20 summit will be hosted by Argentina in 2018. for all by December 2018, while all villages will be electrified by the end of 2017. All about the 9th BRICS Summit 2017 What is Saubhagya Scheme? 9th BRICS Summit was held in Xiamen, China. The scheme means Sahaj Bijli Har Ghar Yojana, The Summit had five participating countries namely Aims to provide access to electricity to all families in India. Brazil, , India, China & . The scheme will provide free electricity connection to poor The theme was ―BRICS: Stronger Partnership for a families of India, Brighter Future‖. Total outlay is pegged at Rs 16,320 crore, China Announced $80 Million (apprx.) Funding Plan It will give access to electricity to all ‗willing‘ households. for BRICS: China will give 500 million yuan ($76.4 million) for a BRICS economic & technology Pradhan Mantri LPG Panchayat in Gujarat launched cooperation plan, & another $4 million for projects at Union Minister for Petroleum & Natural Gas the BRICS countries' NDB stated Chinese President Xi Pradhan launched Pradhan Mantri LPG Panchayat at Mota Jinping. Ishanpur village in Gandhinagar district of Gujarat. A total one lakh, Pradhan Mantri LPG Panchayats would WIMBELDON 2017 be organized across the country in next one & half year to 1. 131st Wimbeldon edition held in , UK. provide an interactive platform to the rural LPG users. 2. Roger Federer became the first man to win Wimbledon He also inaugurated the Skill Development Institute at eight times. Adalaj near as part of National Skill 3. Spain's Garbine Muguruza won her first Wimbledon Development Mission. title by defeating Venus Williams. 4. Martina Hingis clinched her 23rd title as the Swiss star & Scottish partner Jamie Murray won the Wimbledon mixed doubles.

The Complete List of the Winners of 2017 US OPEN Event Winner Runner-Up Men's Doubles Jean-Julien Feliciano Lopez / Rojer / Horia Marc Lopez Tecau Women's Chan Yung-jan / Lucie Hradecka / Doubles Martina Hingis Katerina Siniakova Mixed Doubles Martina Hingis / Chan Hao-ching / Jamie Murray Michael Venus

Shanghai Cooperation Organisation 2017 meeting held 112 Gallantry Awards was given on 71st Independence 1. The meeting of the Heads of State Council of the Shanghai Day Cooperation Organisation was held in Astana. President Kovind approved 112 Gallantry Awards to armed forces & paramilitary personnel. 5 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 The Awards includes five Kirti Chakras, 17 Shaurya Dhyan Chand Award Chakras, 85 Sena Medals (Gallantry), three Nao Sena S. No. Name (S/Shri) Discipline Medals (Gallantry) & two Vayu Sena Medals 1 . Mr. Bhupender Singh Athletics (Gallantry). Of all 112 awards, 19 are posthumous. 2. Mr. Syed Shahid Hakim Football 3. Ms. Sumarai Tete Hockey Kirti Chakra Major Preetam Singh Kunwar Army Union Govt. launched e-RaKAM Portal Havildar Giris Gurung (Posthumous) Army Govt. launched a portal, to provide a platform to sell Major David Manlun (Posthumous) Army agricultural produce called e-RaKAM. Shri Pramod Kumar (Posthumous) Mha It is a joint initiative by state-run-auctioneer MSTC & Chetan Kumar Cheeta, Commandant, Crpf Mha Central Warehousing Corporation arm CRWC. Shaurya Chakra e-Rashtriya Kisan Agri Mandi (e-RaKAM) portal is Maj Satish Dahiya(Posthumous) Army launched to provide a platform for farmers to sell Maj Gosavi Kunal Munnagir Army agricultural produce. Nao Sena Medal(Gallantry) E-RaKAM is a digital initiative aims to bring together Lt Pushpinder Tyagi Navy the farmers, PSUs, civil supplies & buyers on single Jaskaran Singh, Ch Mech Navy platform to ease selling & buying process of Azhar Azharuddin Navy agricultural products. Vayu Sena Medal(Gallantry) Wing Commander Subhash Singh Rao Air Force Govt. of India will launch new sub-scheme named Wing Commander Ravinder Ahlawat Air Force ―Aajeevika Grameen Express Yojana (AGEY)‖ GOI decided to launch a new sub-scheme named 2017 National Sports Awards Announced ―Aajeevika Grameen Express Yojana (AGEY)‖ as part Rajiv Gandhi Khel Ratna Award is given for spectacular of the Deendayal Antyodaya Yojana – National Rural & most outstanding performance in the field of sports by a Livelihoods Mission (DAY-NRLM). sportsperson over a period of four year, Arjuna Award is Self-Help Groups under DAY-NRLM will operate given for consistency outstanding performance for four road transport service in backward areas. This will years, Dronacharya Award for coaches for producing help to provide safe, affordable & community medal winners at prestigious International sports events, monitored rural transport services to connect remote Dhyan Chand Award for life time contribution to sports villages with key services & amenities. development. Community Investment Fund (CIF) provided to Para athlete Devendra & hockey player Sardar Singh will Community Based Organization (CBOs) under DAY- NRLM will be utilized to support the SHG members be honoured with the Rajiv Gandhi Khel Ratna Award. in this new livelihood initiative. Arjuna Awards 2017 The beneficiary SHG member will be provided an S. No. Name of the Awardees Discipline interest free loan by the CBO from its Community 1. Ms. V.J. Surekha Archery Investment Fund upto Rs.6.50 lakh for purchase of the 2. Ms. Khushbir Kaur Athletics vehicle. 3. Mr. Arokia Rajiv Athletics 4. Ms. Prasanthi Singh Basketball PM historic visit to 5. Sub. LaishramDebendro Singh Boxing Narendra Modi became the first PM from India to visit 6. Mr. CheteshwarPujara Cricket Israel in the last 70 years. 7 agreements signed between the 7. Ms. Harmanpreet Kaur Cricket two countries. 8. Ms. OinamBembem Devi Football 1. MoU for setting up of India-Israel Industrial R&D & 9. Mr. S.S.P. Chawrasia Golf Technological Innovation Fund (I4F). 10. Mr. S.V. Sunil Hockey 2. MoU for Water Conservation in India 11. Mr. Jasvir Singh Kabaddi 3. MoU on State Water Utility Reform in India 12. Mr. P. N. Prakash Shooting 4. India-Israel Development Cooperation – Three Year 13. Mr. A. Amalraj Table Work Program in Agriculture 2018-2020 14. Mr. SakethMyneni Tennis 5. Plan of Cooperation Between the Indian Space 15. Mr. SatyawartKadian Wrestling Research Organisation (ISRO) & the Israel Space 16. Mr. Mariyappan Para-Athlete Agency (ISA) regarding cooperation in Atomic Clocks 17. Mr. Varun Singh Bhati Para-Athlete 6. MoU between ISRO & ISA regarding cooperation in GEO-LEO Optical Link

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 7. MoU between ISRO & ISA regarding cooperation in Ashoka Pillar emblem on the right. Electric Propulsion for Small Satellites Raised Identification mark H with micro-text Rs 200 Important Takeaways Swachh Bharat logo with slogan, Benjamin Netanyahu is the PM of Israel. Panel of 15 Languages Capital is Jerusalem. Israeli new shekel is Currency. Narendra Modi Cabinet reshuffled- 9 New Faces as PM of Japan Shinzo Abe visited India for 12th India- Ministers Japan Annual Summit 2017: 15 Pacts signed Nine new ministers were into the council of ministers & Both Nations sign 15 pacts & with this India Japan Act four have been promoted to the Union Cabinet. East Forum constituted to enhance connectivity & List of the Cabinet Ministers promote developmental projects in the North East & Minister Ministry countries adjoining the region. Nitin Jairam Minister of Road Transport & In the joint statement, both nations have expressed a 'zero Gadkari Highways, Shipping, Water tolerance' resolve against terrorism. Resources, River Development & Both countries agreed on an India-Japan Roadmap for Ganga Rejuvenation. Investment Promotion. Shri Suresh Minister of Commerce & Industry. The high-speed bullet train project in Ahmedabad, Gujarat Prabhu was launched by Modi & Abe. Railway Minister Piyush D.V. Sadananda Minister of Statistics & Programme Goyal, Gujarat CM Rupani, & CM Devendra Gowda Implementation. Fadnavis were also present. Sushri Uma Minister of Drinking Water & The bullet train is targeted to run between Mumbai & Bharati Sanitation. Ahmedabad on a dedicated track by 2023. Ramvilas Paswan Minister of Consumer Affairs, Food & Bill Passed by to raise NABARD‘s Capital to Public Distribution. Rs. 30,000 crores Shri Minister of Chemicals & Fertilizers, Nabard established in 1982 & provides loans for Ananthkumar Minister of Parliamentary Affairs. agriculture, small scale industries among others. Ravi Shankar Minister of Law & Justice, Electronics The bill will enable the exit of RBI from Nabard & Prasad & IT. increased the authorised capital of the development Jagat Prakash Minister of Health & Family Welfare. institution to Rs. 30,000 crores. Nadda The Bill provides that the central Govt. alone must hold at Ashok Gajapathi Raju Minister of Civil Aviation. least 51% of the share capital of NABARD. The Bill Shri Anant Geete Minister of Heavy Industries & Public transfers the share capital held by the RBI & valued at Rs. Enterprises. 20 crore to the central Govt.. Harsimrat Kaur Minister of Food Processing The Bill replaces the terms ‗small-scale industry‘ & Badal Industries. ‗industry in the tiny & decentralised sector‘ with the terms Narendra Singh Minister of Rural Development, ‗micro enterprise‘, ‗small enterprise‘ & ‗medium enterprise‘ Tomar Panchayati Raj, Mines as defined in MSME Development Act, 2006. Chaudhary Birender Singh Minister of Steel.

RBI introduced the new Currency Notes of Rs.50 & Smriti Zubin Irani Minister of Textiles, Minister of Rs.200 Information & Broadcasting. What the features of Rs.50 Note? Dr. Harsh Minister of Science & Technology, The new denomination has a motif of Hampi with Chariot Vardhan Earth Sciences, Environment, Forest & on the reverse, depicting the country‘s cultural heritage. Climate Change. The base colour of the note is Fluorescent Blue. Shri Prakash Minister of Human Resource The dimension of the banknote will be 66 mm x 135 mm. Javadekar Development. Ashoka Pillar emblem on the right, Minister of Petroleum & Natural Gas, Swachh Bharat logo with slogan, Pradhan* Skill Development & The Panel of 15 Languages. Entrepreneurship. * Minister of Railways, Minister of Coal. What are the features of Rs.200 Note * Minister of Defence. The new denomination has Motif of Sanchi Stupa on the * Minister of Minority Affairs. reverse, depicting the country‘s cultural heritage. * Ministers who have been promoted from MoS to

The base colour of the note is Bright Yellow. Cabinet Ministers The dimension of the banknote will be 66 mm × 146 mm. 7 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

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Important Ministers of State (Independent Charge) Minister Ministry Shri Manoj Minister of State (I/C) of Ministry Sinha of Communications & Railways Col. Minister of State (I/C) of the Rajyavardhan Ministry of Youth Affairs & Singh Rathore Sports& IB Shri Raj Kumar Minister of State (I/C) of the Singh* Ministry of Power & Ministry of New & Renewable Energy. Shri Hardeep Minister of State (I/C) of Ministry Singh Puri* of Housing & Urban Affairs. Shri Alphons Minister of State (I/C) of the Kannanthanam* Ministry of Tourism, Electronics & Information Technology * Ministers who are newly inducted in Portfolios

BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS

RBI IN NEWS 1 rupee note turns 100 on 30th Nov 2017. The first 1- RBI put Kolkata-based United under the rupee note was printed in India with King George V. prompt corrective action (PCA) framework. NBFCs cannot outsource core management functions RBI placed Bank of India under Prompt Corrective Action like internal audit, strategic & compliance functions for Framework. KYC norms, sanction of loans & management of RBI imposed a penalty of Rs 5 crore on investment portfolio. for non-compliance with its directions on "Cheque RBI reportedly rejected HDFC Bank's plea to Purchase or Discounting, Bill Discounting, & KYC norms. declassify its parent HDFC as foreign institutional As per the IT Ministry, govt. will bear the Merchant investor (FII). Discount Rate (MDR) charges on transactions up to Rs RBI Governor Urjit Patel appointed to the Financial 2,000 made through debit cards, BHIM UPI or - Stability Institute Advisory Board of Bank of enabled payment systems to promote digital transactions. International Settlement (BIS). BIS is a global financial RBI increased the limits for investment by foreign organization owned by major central banks from across portfolio investors (FPIs) for Jan-Mar 2018 quarter by Rs the world. 6,400 crore in Central Govt. Securities (G-Secs) & Rs 5,800 As per RBI, all the corporate borrowers having crore in State development loans (SDLs) {Rs. 2,56,400 exposure of Rs. 5 crores & above mandatorily to obtain crores in G-Secs} 20-digit Legal Entity Identifier (LEI). Banks also RBI imposed Rs 3 crore penalty on IndusInd Bank for required to acquire LEI number from borrowers & breaching rules on income classification norms. submit it to Central Repository of Information on Large RBI triggered PCA against , in view of Credits (CRILC). high non-performing loans & requirement to raise capital. RBI constituted a 10-member ‗High Level Task Force OBOPAY announced that the company secured a license on Public Credit Registry (PCR) for India. It will be for Prepaid Payment Instrument (PPI) from RBI to Headed by YM Deosthalee. operate a semi-closed loop wallet in the country. Indian govt. announced an allocation of Rs 2.11 lakh Monetary Policy Committee (MPC) decided to keep crore over 2 years for the recapitalization of public policy repo rate under the liquidity adjustment facility sector banks. As part of the plan, the Govt. will (LAF) unchanged at 6%. RRR under the LAF remains at essentially issue bonds to banks worth Rs 1.35 lakh 5.75%, & MSF rate & Bank Rate at 6.25%. The projection of crore while Rs 76,000 crore will come through real GVA growth for 2017-18 of 6.7% has been retained. budgetary support. RBI allowed Asset Reconstruction Companies (ARCs) After making Legal Entity Identifier (LEI) mandatory for to hold more than 26% post conversion of debt into transactions in interest rate, forex & credit derivative equity in companies undergoing restructuring. market, RBI is set to make LEI compulsory for companies having aggregate fund-based & non-fund based exposure 8 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 over Rs 5 crore. Banks will be required to capture this agricultural inputs such as fertilizers, pesticides, seeds number in the Central Repository of Information on Large etc. provided by POORTI. Credits (CRILC) database that captures details of loan IDBI Bank received the capital infusion of Rs 2,729 above Rs 5 crore. crore from the govt. of India. RBI issued guidelines to banks to provide funds to women Bank of India received capital infusion of Rs. 2,257 self help groups, SHGs, in rural areas at 7% under the crores from the govt. Deendayal Antyodaya Yojana - National Rural Livelihoods entered into an agreement with state- Mission (DAY-NRLM) in the current fiscal (2017-18). run National e-Governance Services Limited (NeSL) RBI clarified that linking of Aadhaar to the bank account for utilizing the NeSL‘s Information Utility Services is mandatory under the Prevention of Money-Laundering envisaged under Insolvency & Bankruptcy Code, 2016. (Maintenance of Records) Second Amendment Rules, 2017 launched a new scheme for self-help published in the Official Gazette on 01st June 2017. groups (SHGs) to encourage entrepreneurship. The Govt. made it mandatory for banks & financial scheme, Pattabhi Sitaramayya — Self Business Group institutions to check the original identification documents (PS-SBG), introduced to commemorate the 138th birth of individuals dealing in cash above Rs. 50,000, to weed anniversary of its founder Bhogaraju Pattabhi out the use of forged or fake copies. Sitaramayya, & the Silver Jubilee of the SHG-Bank RBI opened a branch in the Dehradun city to make linkage programme in the country. Under this, SHGs transactions of the UK State govt. more convenient. having five years of association with Andhra Bank & As per the direction by RBI, banks need to provide having successfully completed three credit rotations banking services to senior citizens of more than 70 years with good repayment record & an aptitude for of age & differently-abled persons at doorstep. entrepreneurship, will be eligible for a loan. launched digital Supply Chain SBI IN NEWS Finance solution which aims to accelerate working As per SBI, its board has approved raising Rs 8,000 crore capital loan opportunities for the small & medium through various sources, including masala bonds, to meet enterprises & large corporate clients. Basel III capital norms. Debt-laden Air India received a loan worth of Rs. 1,500 SBI introduced a loyalty program for its valued customers crore from BOI to meet urgent working capital needs. named as State Bank Rewardz, which gives the customers launched an Android app, Union several opportunities to earn reward points & earn many Sahyog, as part of its drive to digitise customer-facing times faster at Max Get More partner outlets. banking services. SBI launched a unified integrated app called YONO (You Need Only One) that would offer all kinds of financial & SMALL & PAYMENT BANKS IN NEWS lifestyle products. AU announced signing an MoU SBI announced sanction of credit facilities amounting to with Sahaj e-Village for extending its banking service Rs. 2,317 crores to corporates for financing Grid in remote areas through Business Correspondent Agent Connected Rooftop Solar projects under an SBI-World (BC) model. Bank program. rolled out Paytm FASTag to SBI signed an agreement with Escorts Ltd. to finance enable electronic toll fee collection on highways across farmers for purchase of Escorts tractors. the country. SBI launched the second edition of its Hackathon named is the only bank providing zero 'Digitize For Bank.' balance accounts & zero charges on digital SBI is creating a 15,000-sqft innovation center in Navi transactions. It unveiled 'Paytm Ka ATM' outlets that Mumbai investing around Rs 100 crore. The center, to be allows customers to open Saving A/c & built at its Global IT Centre in Belapur in Navi Mumbai. deposit/withdraw money from their A/c. SBI launched a new product to provide a short-term 'Paytm Payments Bank' formally launched at the hands working capital demand loan to its MSME clients. It is of FM Jaitley. Currently, India has four Payments called SME Assist, would offer loans to MSME customers Bank which are Paytm Payments Bank, Airtel on the basis of their input credit claims GST. Payments Bank, & Fino Govt. named as the new chairman of Payments Bank. SBI, for 3-year term. Kumar will succeed Arundhati AU Small Finance Bank received RBI approval to operate Bhattacharya. as Scheduled Commercial Bank. This bank's name included in the Second Schedule of RBI Act, 1934. ALL OTHER PUBLIC-SECTOR BANKS AU Small Finance Bank tied up with SIDBI to launch a Bank of Baroda entered into MoU with POORTI Agri Rs. 200 crores fund for providing loans to micro, small & Services Pvt. Ltd to enable the farmers to purchase medium enterprises (MSMEs). The program will fund term loans in the Rs. 25 lakh to Rs. 2 crore ticket size. 9 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Fincare Small Finance Bank (previously known as Disha RBL Bank set up an all women branch in , Microfin Limited) kick-started its banking operations with . about 25 operational branches across Gujarat, Tamil Nadu, ―Smart Banking 24X7‖ e-lobbies launched by Kotak & . Mahindra Bank in Mumbai. Sunil Mittal-driven integrated the HDFC Bank topped the list of the country‘s top 50 Unified Payments Interface (UPI) on its digital platform, brands as per report released by WPP Plc & Kantar allowing customer choice & convenience to facilitate secure Millward Brown. Airtel is at 2nd spot & SBI at 3rd. digital payments. RBI included HDFC Bank in the list of 'too big to fail' Fino Payments Bank launched its mobile banking app lenders, referred to as D-SIB or domestic systemically called BPay. Fino aims to make banking easy for millions important bank. of underbanked people in India. ALL OTHER BANKS/INSTITUTIONS in News ICICI Bank in News Corporation Bank launched its RuPay Select & RuPay Govt. engaged ICICI Bank to enable online payments at Platinum credit cards. Jai Kumar Garg, MD & CEO 470 mandis integrated with the national portal of unveiled it. electronic National Agriculture Market (e-NAM). Sub-Committee of Financial Stability & Development Paytm & ICICI Bank collaborated to announce an all-new Council (FSDC) headed by RBI Governor Urjit Patel initiative where users can get interest-free short-term discussed the setting up of the National Centre for digital credit. Called Paytm-ICICI Bank Postpaid. Financial Education (NCFE), operationalisation of ICICI Bank launched India's first voice-based information utilities registered by the IBBI, sharing of international remittance service to enable non-resident data among regulators & the implementation status of Indians (NRIs) to send money to any bank in India. Legal Entity Identifier (LEI). ICICI Bank announced a new home loan scheme that Indian online payments firm BillDesk-owned Hatio offers borrowers the benefit of 1% cashback on every Innovations launched cryptocurrency exchange EMI, for the entire tenure. ‗Coinome‘ in India. Pradhan Mantri Jan Dhan Yojana (PMJDY) gathered ALL OTHER PRIVATE SECTOR BANKS in News momentum in some northern States post Competition Commission of India (CCI) approved demonetisation. With its area & size of population, scheme of amalgamation between IndusInd Bank & tops in opening new PMJDY accounts. Bharat Financial Inclusion. International Business Machines Corporation (IBM) & European Investment Bank will co-finance announced the launch of IBM Blockchain, a new $400-million funding for renewable power generation in blockchain banking solution, that will help financial the country. institutions for cross-border payments. Agri service solutions provider Sohan Lal Commodity Insolvency & Bankruptcy Board of India registered Management (SLCM) having operations across India & National E-Governance Services Limited (NeSL) as an tied up with HDFC Bank & IndusInd Bank to Information Utility (IU) under the IBBI (Information provide collateral management services. Utilities) Regulations, 2017. With this, NeSL has Axis Bank launched an instant international payment become the first IU registered by the IBBI & the services using Ripple‘s enterprise blockchain technology registration is valid for five years from the date of solution for retail & corporate customers. registration. HDFC Bank launched its SmartUp Zone in Kochi, an exclusive area inside the branch dedicated for start-ups. Insurance Industry in News IDFC Bank entered into a ―strategic alliance‖ with IRDAI issued regulations for insurance firms to carry MobiKwik to launch a co-branded virtual Visa prepaid out offshore business from GIFT International card for customers of MobiKwik. Financial Services Centre (IFSC). Under this, for the 1st obtained RBI approval to open time in the country, foreign insurers are permitted to representative offices at Kuwait & Singapore. open IFSC Insurance Office (IIO) at GIFT IFSC. Yes Bank signed an MoU with Innovation Centre Life insurer PNB MetLife signed a corporate agency Denmark India (ICDK India) to bring fintech agreement with Bank of Bahrain & Kuwait B.S.C (BBK). innovations & startups from Denmark to India, & Reliance General Insurance, a subsidiary of Reliance facilitate entry of Indian startups to the region. Capital signed comprehensive bancassurance-corporate Yes Bank signed an agreement with govt. to provide Rs agency agreement with YES Bank. 1,000 crore financing for food processing projects. The Apollo Munich Health Insurance Company, a joint funding will be provided to around 100 food processing venture between Apollo Hospitals Group, & Munich Re projects with an average ticket size of Rs 10 crore each. Group conferred with the 21st Asia Insurance Industry

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Awards in the "General Insurance Company of the Year" Venezuelan President Nicolas Maduro announced the category. creation of a new virtual currency named 'Petro' to General Insurance Corp of India (GIC Re) kicked off its ease the country's economic crisis. mega Rs 11,370 crore initial public offer (IPO). This is Bank of China formally launched its operations in India's third biggest IPO ever after Coal India's Rs 15,200 Pakistan, with its first branch inaugurated in Karachi. crore & Reliance Power's Rs 11,700 crore issues. American digital payments company PayPal launched HDFC Life Insurance Company launched 'Neo', a domestic operations in India. servicing bot for Twitter that uses artificial intelligence for HSBC launched mobile app - Trade Transaction customer service. This is the second bot after the launch of Tracker - to help customers track the status of their SPOK. trade transactions on a real-time basis. HDFC Life Insurance & Apollo Munich Health come HSBC has appointed John Flint as its next chief together to launch ‗Click2Protect Health plan‘, which executive. He replaced Stuart Gulliver. provides both life & health cover under a single plan. US-based fintech company Mastercard announced the India‘s first ever insurance cover for individual victims launch of its global research & development arm of cyber crime was launched by Bajaj Allianz. Under this, Mastercard Labs in , India. After Singapore, this insurance will be provided against online fraud, identity will be the second Mastercard Labs in Asia-Pacific, & theft, cyber-stalking & extortion, phishing & malware ninth in the world. attack. Sum insured for the policy is in range of Rs. 1 lakh 1st Canadian bank to be added to Financial Stability to Rs. 1 crore. Board‘s (FSB) list of global systemically important Tata AIA Life announced the launch of ‗Eazy Connect‘, banks (G-SIB) deemed ‗too big to fail‘ is Royal Bank of that will extend online customer service to social media (RBC). Note: Financial Stability Board (FSB) is platforms. in Basel, Switzerland. The first private Life Insurer to Implement e-NACH (Electronic – National Automated Clearing House) service of NPCI is ICICI Prudential Life. India‘s first-ever micro-insurance plan ‗insurance khata‘ was introduced by IndiaFirst Life. It is introduced for individuals of the informal sector & agricultural labourers with seasonal incomes. Pension Fund Regulatory & Development Authority (PFRDA) announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60.

INTERNATIONAL BANKS US buyout giant KKR & Co become the first foreign investor to fully own an asset reconstruction company (ARC) in India as it received approval from RBI.

ECONOMY/FINANCIAL CURRENT AFFAIRS India‘s first home-grown high purity gold reference GST Council decided to implement the e-way bill standard - Bharatiya Nirdeshak Dravya (BND-4201) - mechanism throughout the country by June 1st after launched. BND-4201, is the reference material for gold of reviewing the readiness of the IT network. ‗9999‘ fineness (gold that is 99.99% pure), will be Provisional figures of Direct Tax collections up to beneficial to the consumers & public at large to ensure November 2017, show that net collections are at Rs. 4.8 purity of gold. lakh crore which is 14.4% higher than last year. SEBI stated that cross-holding in credit rating agencies FM holds his 5th Pre-Budget Consultation (CRAs) will be capped at 10% & also decided to raise Meeting with the leading Economists in New Delhi. the minimum net worth requirement to Rs. 25 crores Fiscal deficit as a ratio of GDP stood at 3.9% in 2015-16 from the current Rs 5 crores. & 3.5% in 2016-17 & is budgeted to be 3.2% for the Cryptocurrency dealer 'Pluto Exchange' announced the Current Financial Year 2017-18. launch of India‘s first mobile application for Axis Securities, a subsidiary of Axis Bank become the transacting in virtual currencies. first-ever broking arm of a bank to take membership of

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 a commodity exchange by registering itself with Ministry of Finance increased maximum age of joining NCDEX. the National Pension System (NPS) from the existing BSE's India International Exchange (India INX) received 60 years to 65 years under NPS - Private Sector (i.e. all approval from SEBI for the listing of debt securities. This citizen & corporate model). will enable Indian & foreign issuers to issue masala bonds, Income Tax Department clarified that the cash sales of Eurobonds, & foreign currency bonds from India INX at agricultural produce by a cultivator to a trader for less International Financial Service Centre (IFSC) at GIFT. than 2 lakh rupees will not attract tax under the Income Govt. fixed Rs 2,890 per gram as the price of new series of Tax Act. sovereign gold bonds (SGBs). Govt. decided to offer a Centre made the use of Public Finance Management discount of Rs 50 per gram to investors applying online System (PFMS) mandatory for all central schemes. FM & making payments digitally. Minimum investment in Jaitley stated that making use of the PFMS mandatorily the bonds is one gram, with a maximum limit of 500 grams will ensure benefits of Govt. schemes to reach the last per person, per financial year. mile. A total of 613 schemes of the central Govt. will be Cabinet approved the setting up of the 15th Finance covered under PFMS. Commission which will assess the tax resources of the SIDBI revamped its portal www.udyamimitra.in with nation & suggest a formula for their devolution among enhanced features to provide easy access to credit & states. Its recommendations will have to be in place hand-holding services for MSME. The portal is mobile- before April 1, 2020, it takes 2 years for FC to give its enabled & provides a self-assessment module. recommendations. National Investment & Infrastructure Fund (NIIF) of Govt. notified Minimum Export Price of onion at 850 India signed an investment agreement worth $1 billion dollars per tonne to ensure its availability in domestic mkt. with Abu Dhabi Investment Authority (ADIA). FDI in the country increased by 17 percent to USD 25.35 As per the NITI Aayog Vice-Chairman Rajiv Kumar, billion during April-September fiscal (2017-18). the GDP is likely to grow at 6.9-7% this fiscal (2017-18) New York based Standard & Poor‘s (S&P) kept its & 7.5% in 2018-19. Economic growth was 7.1% in 2016- sovereign rating for India unchanged at ‗BBB-‗, with 17. outlook for the nation as ‗stable‘. An MoU was signed by CRISIL & SIDBI to launch ADB increased annual funding to India to up to $4 billion CriSidEx, a sentiment Index for MSMEs. from existing $2.7 billion from next year. India becomes biggest consumer of agriculture 23rd GST Council Meet held in Guwahati. It was headed exports. FM Jaitley. GST rate on 177 items reduced from 28% to Govt. made biometric identification Aadhaar 18%. Only 50 items will attract 28% GST rate. mandatory for all post office deposits, PPF, the As per CBDT, farmers are not required show PAN for National Savings Certificate scheme & Kisan Vikas cash sale of their produce up to Rs. 2 lakh a day. Patra. All depositors have been given time till December Report by -Merrill Lynch stated that in 31, 2017 to provide the 12-digit unique identification next decade, India will overtake Japan to become the number & link it with their accounts. third-largest economy. As per this, India is likely to Coffee output in India is pegged to be a record 3.50 become the world‘s 5th largest economy by 2019. lakh tonnes in the 2017-18 marketing year started this Moody's Investors Service upgraded India's local & month on higher acreage. foreign currency issuer ratings to Baa2 from Baa3 & AIIB approved USD 2 million loan (Rs. 13,000 crores) changed the outlook on the rating to stable from for five projects in Andhra Pradesh. positive. It has revised the ratings after gap of 14 years.

Static Takeaways from Banking & Economy Current Affairs Asset Reconstruction Companies (ARCs): ARC's are specialized financial institution that buys the NPAs or bad assets from banks & other financial institutions to clean up the balance sheets of Banks & FIs. HDFC Bank: Mumbai | CEO: Aditya Puri| Bank aapki mutthi mein LEI: Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. SHG's: Self-Help Group (SHG) is a small voluntary association of poor people who comes together for the purpose of solving their common problems through self-help & mutual help. SHG promotes small savings among its members. The savings are kept with a bank. Andhra bank: HQ: Hyderabad | CEO: Shri Suresh N Patel | Where India Banks BOB: HQ: Vadodara | CEO: P. S. Jayakumar | India's International Bank BOI: HQ: Mumbai | CEO: Dinabandhu Mohapatra | Relationship Beyond Banking Union Bank of India: HQ: Mumbai | CEO: Rajkiran Rai G. | Good People to bank with 12 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 : HQ: Bengaluru | CEO: R. A. Sankara Narayanan | A Friend you can bank upon Federal Bank: HQ: Aluva, Kochi, : CEO: Shyam Srinivasan | Your Perfect Banking Partner RBL Bank: HQ: Mumbai | CEO: Vishwavir Ahuja | Apno ka bank : HQ: Mumbai | Founder: Uday Kotak IndusInd Bank: HQ: Mumbai | CEO: Romesh Sobti | Corporation Bank: HQ: Mangalore | CEO: Jai Kumar Garg Bank of China: HQ: Beijing, China PayPal: American company | CEO: Daniel Schulman HSBC: HQ: London, United Kingdom Foreign Exchange Reserves Foreign Exchange Reserves as on 22nd December 2017 ₹ Bn. US$ Mn. Total Reserves 25936.2 404921.8 1.1 Foreign Currency Assets 24375.6 380680.1 1.2 Gold 1334.8 20716 1.3 SDRs 96.2 1502.6 1.4 Reserve Position in the IMF 129.6 2023.1 Peer-to-peer (P2P) Lending Peer to Peer lending, also known as P2P Lending, is a financial innovation which connects verified borrowers seeking unsecured personal loans with investors looking to earn higher returns on their investments. All peer-to-peer lending (P2P) platforms will be regulated by the (RBI). Masala Bonds It refers to the rupee-denominated borrowings by Indian entities in overseas markets. Gross Value Added It is a measure of total output & income in the economy. It provides the rupee value for the amount of goods & services produced in an economy after deducting the cost of inputs & raw materials that have gone into the production. GVA gives a picture of the state of economic activity from the producers‘ side or supply side, the GDP gives the picture from the consumers‘ side or demand perspective. FTSE SBI Bond Index FTSE SBI Indian Govt. Bond Index, launched in partnership with SBI, denominated in INR, is a market-capitalisation weighted total-return index tracking the domestic Indian Govt. bond market. Financial Times Stock Exchange (FTSE) is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalisation. BBPS Bharat Bill Payments System (BBPS) is an integrated online platform which is being developed by the National Payments Corporation of India for all kinds of bill payments. It would connect the utility service companies on one end & all payments service providers on the other. All About the Banks in News PNB | The Name you can Bank Upon | New Delhi | CEO: Sunil Mehta BSNL | New Delhi | CEO: Shri Anupam Shrivastava J&K Bank | Serving to Empower | Srinagar | Parvez Ahmed (Chairman & CEO) Vijaya Bank | A friend you can Bank Upon | Bengaluru | Shri. R A Sankara Narayanan (MD & CEO) IDBI Bank | Bank aisa Dost jaisa | Mumbai | Mr. Mahesh Kumar Jain (MD & CEO) Syndicate Bank| Faithful, Friendly | Mr Melwyn Rego, Managing Director & CEO | Together we can | Shri. Rakesh Sharma, MD & CEO | Your Own Bank | Mr. Kishor Kharat, MD & CEO Corporation Bank | Shri. Jai Kumar Garg: Managing Director & CEO | Good People to Grow with | Shri. R. Subramaniakumar: MD & CEO Union Bank of India| Good People to Bank with| Shri Rajkiran Rai G, Managing Director & CEO Fincare Small Finance Bank | Bengaluru| Pramod Kabra, Chairman| Rajeev Yadav, MD& CEO Airtel Payment Bank| Shashi Arora, MD & CEO Ujjivan Small Finance Bank| Bengaluru, India| Samit Ghosh, CEO & MD FINO Payment Bank| Qadar Aapki Mehnat Ki| Mumbai| Rishi Gupta, MD & CEO ICICI Bank| CEO: | Mumbai| Industrial Credit & Investment Corporation of India HDFC Bank| Bank aapki mutthi mein| CEO: Aditya Puri|Mumbai | Your Family Bank Across India| Shri Mahabaleshwara M. S., MD & CEO IndusInd Bank| Mumbai| R. Seshasayee, Chairman| Romesh Sobti, MD & CEO | Smart Way to Bank| Karur, Tamil Nadu| Shri P R Seshadri, MD & CEO 13 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 IDFC Bank| The Bank of Now| Mumbai | Dr. Rajiv Lall, FOUNDER MD & CEO Axis Bank| CEO: Shikha Sharma| Chairperson: Dr. Sanjiv Misra (Part Time) | Mumbai Kotak Mahindra Bank| Arvind Kathpalia, President| Mumbai | Experience Next Generation Banking| Thrissur, Kerala| V.G. Mathew, MD & CEO Yes Bank| Mumbai| CEO: Rana Kapoor EXIM Bank| 1982 under the Export-Import Bank of India Act, 1981| David Rasquinha, MD SIDBI| Small Industries Development Bank of India| April 2, 1990| Mohammad Mustafa,CMD NHB| | Sriram Kalyanaraman, MD &CEO| July 9, 1988- NHB Act, 1987 NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital. IBBI Insolvency & Bankruptcy Board of India was set up on 1st October 2016 under the Insolvency & Bankruptcy Code, 2016 (Code). It has regulatory oversight over the Insolvency Professionals, Insolvency Professional Agencies & Information Utilities. It writes & enforces rules for transactions, namely, corporate insolvency resolution, corporate liquidation, individual insolvency resolution & individual bankruptcy under the Code. Dr. M. S. Sahoo is the Chairperson. NPCI National Payments Corporation of India, an umbrella organisation for operating retail payments & settlement systems in India. It is an initiative of RBI & Indian Banks‘ Association (IBA) under the provisions of the Payment & Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. Shri B. Sambamurthy, Interim Chairman. AIIB Asian Infrastructure Investment Bank (AIIB) is a new multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia. Mr. Jin Liqun, AIIB President. Infrastructure Investment Trusts (InvITs) & Real Estate Investment Trusts (REITs) REITs are listed entities that primarily invest in leased office & retail assets, allowing developers to raise funds by selling completed buildings to investors. InvITs are trusts that manage income-generating infrastructure assets, typically offering investors regular yield & a liquid method of investing in infrastructure projects. Controller General of Accounts (CGA) The Principal Advisor on Accounting matters to the Union Govt.. He is Responsible for establishing & managing a technically sound Management Accounting System. Responsible for preparation & submission of the accounts of the Union Govt.. Shri Anthony Lianzuala is currently the CGA. UIDAI Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the Aadhaar Act, 2016 on 12 July 2016 by the Govt. of India. Shri J Satyanarayana, Chairman(part-time), UIDAI| Dr. Ajay Bhushan Pandey, CEO HQ:| New Delhi Ltd It is a state-of-the-art, commodity derivatives exchange that facilitates online trading, & clearing & settlement of commodity derivatives transactions, thereby providing a platform for risk management. Mr. Saurabh Chandra: Chairman Department of Investment & Public Asset Management (DIPAM) Total disinvestment proceeds during the Current Financial Year 2017-18 is Rs. 19,759.22 crore (as on 4th October, 2017) Asian Development Bank (ADB) | Philippines| President: Takehiko Nakao| 19 Dec 1966| 67 countries World Bank | President: Jim Yong Kim| CEO: Kristalina Georgieva| Washington, D.C., WTO| Geneva, Switzerland| 1 Jan 1995| 164 countries (July 2016) | Roberto Azevêdo (Director-General) SEBI| Ajay Tyagi, Chairman | Mumbai New Development Bank| Shanghai, China| President: K. V. Kamath| 15 July 2014 NTPC: Gurdeep Singh, CMD

Current Affairs Injections of JANUARY 2018 for IBPS CLERK MAINS 2018 Cabinet approved the Agreement between India & Indonesia & Singapore. On the first leg of the visit, she will Myanmar on Land Border Crossing. reach & will hold an official meeting with Thai External Affairs Minister left on a 5-day Foreign Affairs Minister Don Pramudwinai. During visit to three South East Asian countries – Thailand, the visit to Indonesia, she will co-chair the 5th meeting of 14 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 India-Indonesia Joint Commission. In Singapore, she will (Mega Watt peak) solar plant at its petrochemical inaugurate the Regional Pravasi Bharatiya Divas of ASEAN complex at Pata in Uttar Pradesh. countries. She will have bilateral meetings with the leaders Karnataka Govt. announced that 'Karnataka in Singapore. International Travel Expo' (KITE) will be held from Cabinet approved the signing of MoU between India & February 28, billing it as the "largest" B2B travel event in Israel on cooperation in the Oil & Gas Sector. the country. National Mission for Clean Ganga (NMCG) approved five 171st Araadhanai Music Festival of one of the Trinities projects worth Rs. 295.01 crore. Three projects pertain to of Carnatic music Saint Thyagaraja begins in sewage management in , one relates to sewage Thiruvaiyaru, Tamil Nadu. The festival was inaugurated management in & one project worth Rs 11.73 by Governor Banwarilal Purohit. crore is related to ghat improvement works in Varanasi, Equatorial , Ivory Coast, Kuwait, , Uttar Pradesh. & the formally joined the ranks of the non- Smt Preeti Sudan, Secretary (Health & Family permanent members of the United Nations Security Welfare) launched the country‘s first digital Online Council to make a difference. UN Security Council has 15 Oncology Tutorial Series designed by Tata Memorial members, including five with permanent seats who have Center in collaboration with the Health Ministry. It aims to the power to veto resolutions - Britain, China, France, train the doctors across the country to educate them in early Russia & the United States. detection, prevention, palliation, rehabilitation & treatment The unusual & very efficient whistle of various cancers. language commonly called " language" used as a Note: Oncology is a branch of medicine that deals with the means of communication by villagers in remote prevention, diagnosis, & treatment of cancer. northern Turkey entered the UNESCO list of Intangible RBI initiated 'prompt corrective action' (PCA) against Cultural Heritage. Allahabad Bank over its high bad loans. Pakistan allowed Chinese currency Yuan for exports & NABARD sanctioned Rs 372.51 crore loan assistance under financing transactions. the Rural Infrastructure Development Fund (RIDF) to As per the HSBC report, India's growth rate is expected towards irrigation & rural bridge projects for the to accelerate at around 6.5 percent in 2017-18 & is likely last quarter of this fiscal. to improve further to 7.6 percent by 2019-20. Andhra Pradesh Grameena Vikas Bank (APGVB) Customers will not have to pay any transaction operationalised its first desktop ATM in . The charges for payments through debit card, BHIM app & mini-ATM within the branch premises will facilitate other payment made for up to Rs 2,000. Union Cabinet customers to withdraw small amounts. With these ATMs, had recently approved a proposal that Govt. will bear there will be no need for separate ATM rooms, so there is no the merchant discount rate (MDR) charges on security issue. transactions up to Rs 2,000 made through debit cards, Indian Institute of Corporate Affairs (IICA) & India Post BHIM UPI or Aadhaar-enabled payment systems to Payments Bank (IPPB) signed an agreement for the training promote digital transactions. of employees of IIPB in the area of payment banking. HDFC Bank announced a partnership with Rajinder Khanna appointed as the deputy National Govt. to promote & nurture startups in the state. Security Adviser (NSA). & NABARD have signed an Centre unveiled the contours of the ‗Electoral Bonds‘ agreement with five NGOs in Bengal for the promotion scheme, which seeks to ensure the flow of clean money to of 2,500 joint liability groups (JLGs) in select districts of political parties, without revealing the donors‘ names. The the State. JLGs are informal groups of 4-10 members electoral bonds will be a bearer instrument in the nature of engaged in similar economic activities & willing to a Promissory Note & an interest-free banking jointly undertake the responsibility to repay loans taken instrument. A citizen of India or a body incorporated in by the group from a bank. India will be eligible to purchase the bond from specified As per Finance Ministry, RBI Bonds Scheme has not branches of the State Bank of India. The bonds can be been closed but the interest rate on such papers lowered purchased for any value in multiples of Rs1,000; Rs10,000; to 7.75 percent. The 8 percent Savings Bonds Scheme, Rs1 lakh; Rs10 lakh; & Rs1 crore. also known as RBI Bonds Scheme is being replaced by Cabinet approved the signing & implementation of MoU 7.75 percent Savings Bonds Scheme. These taxable between Ministry of Road Transport & Highways & bonds are meant for individual other than Non-Resident ‗Transport for London‘ to improve public transport in Indians with no maximum limit for investment. the country. G Sathiyan has become India‘s highest-ranked player in State-owned gas utility GAIL India Ltd commissioned the latest International Table Tennis Federation (ITTF) the country's second-largest rooftop solar power plant rankings. He surpasses his compatriot the legendary in Uttar Pradesh. The firm has installed a 5.76 MWp . The current ranking of Sathiyan is 49. As

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 for the women, Manika Batra is topping the world chart among Indians at 62th. The citizen of witnessed the release of the first draft of National Register of Citizens (NRC) containing the first batch of 19 million names of genuine Indian citizens in compliance with the Supreme Court 's orders. Registrar General of India Sailesh released the document. Women & Child Development Minister Maneka Gandhi inaugurated an online portal NARI in New Delhi for the empowerment of women. The portal will provide women with easy access to information on Govt. schemes & initiatives for women. The portal summarises over 350 Govt. schemes & other important information. Note: NARI stands for National Repository of Information for Women. The Assamese & Manipuri language versions of Prime Other Important Current Affairs Injections for IBPS Minister‘s Official website- www.pmindia.gov.in were CLERK Mains 2018 launched. Now the PM INDIA website is available in 11 Women & Child Development Minister Maneka Gandhi regional languages. launched a web portal NARI, which will provide Saudi Arabia & the United Arab Emirates information on all Govt. schemes for women. She also (UAE) introduced value-added tax (VAT). These unveiled a website called e-SAMVAD which is an are the first two countries in the Gulf which have interactive portal allowing NGOs to contact the ministry introduced the VAT system. The 5% levy is being applied & share their feedback.. to the majority of goods & services. FM Jaitley said that donation to political parties Senior diplomat Vijay Keshav Gokhale has been through electoral bonds will bring transparency into appointed the foreign secretary of India. He the donation process. Electoral bond would be issued in has succeeded S Jaishankar. any value in multiplies of 1,000 rupees, 10,000 rupees, Pankaj Jain, Joint Secretary in the Department of 1,00,000 rupees, 10,00,000 rupees & 1,00,00,000 rupees Financial Services (DFS), has assumed charge as from the specified branches of SBI. Electoral bond will the Managing Director of India Infrastructure Finance have life of 15 days. The bond will be available for the Company Ltd (IIFCL). purchase for the period of 10 days in the month of Indian golfer Shiv Kapur won the Royal Cup at January, April, July & October or as specified by the Pattaya, which is his third Asian Tour title of 2017. Union Govt.. The bond would be encashed by the Noted Urdu poet passed away at the age political party through only a designated account. of 71 in Lucknow. He is best known for his translation of Doctors called off their 12-hour strike today when the shloks of Bhagavad Gita into Urdu verses. National Medical Commission Bill was referred to a has banned solo climbers from scaling its standing committee of Parliament for a thorough mountains, including , in a bid to reduce evaluation. The National Medical Commission Bill, accidents. 2017, which seeks to replace the Medical Council of Israel has filed notice to withdraw from the UNESCO India with a new body, has been referred to the alongside the United States. Israel was the member of Standing Committee. UNESCO since 1949. Egyptian court convicted former President has been declared open defecation Mohammed Morsi & 18 others over insulting the free ahead of the national deadline of October 2, 2019. judiciary, sentencing them to three years in prison. National vice-president of the BJP, Vinay Sri Lankan President Maithripala Sirisena has called for Sahasrabuddhe, who is also the member of Rajya Sabha a strong cooperation programme among Bay of Bengal has been appointed the President of Indian Council of Initiative for Multi-Sectoral Technical & Economic Cultural Relations. He will replace Lokesh Chandra. Cooperation (BIMSTEC) nations to eradicate poverty & Vidarbha have created history by winning the Ranji to promote prosperity. Note: 3rd ministerial meeting of Trophy for the first time in history with a thumping nine- BIMSTEC for poverty alleviation held in Colombo. wicket win over Delhi at the Holkar stadium in Indore. France's parliament has approved a law banning all Rajneesh Gurbani‘s 6/59, including a hat-trick & a century exploration & production of oil & natural gas by 2040 from Akshay Wadkarwere the key moments in Vidarbha within the country & its overseas territories. scripting a fairytale run. Rajneesh Gurbani was declared The board of SEBI met in Mumbai & decided to enhance player of the Match. eligibility requirement for Credit Rating Agency

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 including minimum net worth requirement should be Bitcoin's rival cryptocurrency Ripple has surpassed increased from existing 5 crore to 25 crores. Ethereum as the world's second largest cryptocurrency MoS for Communication Manoj Sinha launched project by market capitalisation. 'DARPAN'- Digital Advancement of Rural Post Office for Mukesh Ambani's Reliance Jio has signed a binding a New India in New Delhi. DARPAN will provide low- definitive agreement with brother Anil Ambani-led power technology solution which will enable each of Reliance Communications for purchase of its wireless around 1.29 Lakhs Branch Post Offices to improve the level infrastructure assets. of services being offered to rural customers. Total Outlay is Govt. has launched the Bharat-22 Exchange Traded Rs. 1400 Crores. Fund (ETF) to benefit long term & retail investors by Former India coach Gary Kirsten & recently-retired pacer providing an opportunity of participation in equity Ashish Nehra have been named the Royal Challengers stocks of the Govt. run companies & earn stable returns. 's batting & bowling coach. The objective of BHARAT 22 ETF is to invest in qualifies for 2018 Commonwealth Games constituents (22 companies) of S & P BSE Bharat 22 In Shooting, ace Indian marksman Jitu Rai won the Men's Index & endeavour to provide returns before expenses. 50-metre pistol national title at 61st National Shooting As per Central Statistics Office, the growth rate of Championships in . GDP at constant prices was 7.5%, 8.0% & 7.1% in 2014- Indian men's football ended the year at 105th spot in the 15, 2015-16 & 2016-17. Growth in GDP at constant FIFA rankings. World champions Germany ended on top market prices was 5.7% & 6.3% in Quarter 1 (Q1) & to be FIFA's 'Team of the Year'. Quarter 2 (Q2) of 2017-18. India & Japan are promoting the training of athletes; Central Board of Direct Taxes (CBDT) has entered into training of coaches, programmes for sports science & three more Advance Pricing Agreements (APAs) in sports infrastructure & management. December, 2017. While two of the Agreements are Saurabh Chaudhary claims Youth Olympics Games spot Unilateral, one is a Bilateral with the United Kingdom. with gold. He became the the third Indian to bag quota With this, the total number of APAs entered into by the places for the 2018 Youth Olympic Games at the 10th Asian CBDT has gone up to 189. This includes 173 Unilateral Airgun Championship. APAs & 16 Bilateral APAs. Mirabai Chanu became the first Indian in over two Govt. has launched the ‗Pradhan Mantri Vaya Vandana decades to claim a gold medal at the World Weightlifting Yojana (PMVVY)‘ to provide social security during Championship in Anaheim, USA. old age & to protect elderly persons aged 60 & above ISRO announced that it will launch 31 satellites to space in against a future fall in their interest income due to a single mission. All the 31 satellites, including India‘s own uncertain market conditions. The scheme enables old Cartosat-2 series Earth Observation spacecraft, will be age income security for senior citizens through launched at a time onboard its Polar rocket on January 10. provision of assured pension/return linked to the The instrument, called the Super Trans-Iron Galactic subscription amount based on Govt. guarantee to Life Element Recorder (SuperTIGER), is designed to study Insurance Corporation of India (LIC). The scheme rare heavy nuclei, which hold clues about where & how provides an assured return of 8% for 10 years. Pension cosmic rays attain speeds up to nearly the speed of light. is payable at the end of each period during the policy Govt. released the much-required equity capital of over tenure of 10 years. Minimum purchase price under the Rs 7,500-crore to six stressed public sector banks (PSBs). scheme is Rs.1,50,000/- for a minimum pension of Rs. These banks include Bank of India, IDBI Bank, Uco Bank, 1,000/- per month & the maximum purchase price is , & of India. Rs.7,50,000/- for a maximum pension of Rs. 5,000/- per The move was taken so that the banks met the prescribed month. regulatory capital requirement. The funds allocated to Important Data these banks are Bank of India (Rs 2,257 crore), Central Bank As on 15.12.2017, out of 106.41 crore Current Account of India (Rs 323 crore), Dena Bank (Rs 243 crore), IDBI & Savings Account (CASA), 82.47 crore accounts are Bank (Rs 2,729 crore), Bank of Maharashtra (Rs 650 crore) seeded with Aadhaar number. & UCO Bank (Rs 1,375 crore). As on date, 400 schemes from 56 Ministries/ Loan defaulters can participate in bidding under the Departments are being implemented under DBT. insolvency proceedings after paying due interest & Out of 30.76 crore Pradhan Mantri Jan Dhan Yojana making their bad loan accounts operational, as per FM (PMJDY) accounts 22.58 crore PMJDY accounts have Jaitley. The Insolvency & Bankruptcy Code Amendment been seeded with Aadhaar number, as on 20.12.2017. Bill, 2017, seeks to replace an ordinance to prevent unscrupulous persons from misusing or vitiating the Important Points related to Schemes provisions of the Insolvency & Bankruptcy Code (IBC). President of India, Shri Ram Nath Kovind, inaugurated housing complexes for economically weaker sections under

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Basic Services to Urban Poor (BSUP) schemes of Govt. of Pradhan Mantri Matritva Vandana Yojana (PMMVY) is in Aizawl. the renamed & revamped version of Matritva Sahyog Cabinet Committee on Economic Affairs chaired by the PM Yojana under which Govt. would provide Rs. 6000 Narendra Modi, has approved the continuation of financial aid to pregnant & lactating mothers for the first Rashtriya Krishi VikasYojana (RKVY) as Rashtriya live birth. Krishi VikasYojana- Remunerative Approaches for Shadi Shagun: This Scheme Launched By Narendra Agriculture & Allied sector Rejuvenation (RKVY- Modi Govt. In 2017 to Promote education among RAFTAAR) for three years i.e. 2017-18 to 2019-20. The Minorities & Giving them Help of INR 51000 at the time financial allocation of the scheme will be Rs. 15,722 crores. of wedding if the Girl Is a Muslim & Graduate also. Minister of State (IC) for Power & New & Renewable Pradhan Mantri Gram Parivahan Yojana: The Scheme Energy, Shri Raj Kumar Singh informed that Energy is launched By Central Govt. to Promote Women Efficiency Services Limited (EESL), is distributing LED Empowerment. Under the PMGPY scheme, the Govt. bulbs under Unnat Jyoti by Affordable LEDs for All would provide interest free loans to women self-help (UJALA) to domestic consumers across the country. As group to buy commercial passenger vehicles. on 19th December, 2017, more than 28 crore LED bulbs have been distributed under the scheme. In addition, other Abbrevations market players in the private sector have also sold 52.43 PMAY: Pradhan Mantri Awaas Yojna crore LED bulbs till October, 2017. PMMSK: Pradhan Mantri Mahila Shakti Kendra

The state Govt. of has launched ―Pradhan PMVVY: Pradhan Mantri Vaya Vandana Yojana Mantri Sahaj Bijli Har Ghar Yojana‖ or ―SAUBHAGYA‖ PMGPY: Pradhan Mantri Gram Parivahan Yojana to provide electricity for all the households in rural & BSUP: Basic Services to Urban Poor urban areas. Under SAUBHAGYA scheme, the Govt. will IICA: Indian Institute of Corporate Affairs provide power connection to every household at the RKVY: Rashtriya Krishi VikasYojana doorstep. The main objective of this scheme is to provide RKVY-RAFTAAR: Rashtriya Krishi VikasYojana- last mile power connection which covers all rural & urban Remunerative Approaches for Agriculture & Allied- households across the nation. sector Rejuvenation ―Sankalp Se Siddhi‖ (Attainment through Resolve) PMMVY: Pradhan Mantri Matritva Vandana Yojana programme is a new initiative launched by PM Narendra DBT: Direct Benefit Transfer Modi for a New India movement from 2017 to 2022. This PAHAL: Pratyaksh Hanstantrit Labh program aims to bring in many changes in the country for MGNREGS: Mahatma Gandhi National Rural the betterment of country‘s economy, citizens, society, Employment Guarantee Scheme governance, security & other verticals. NSAP: National Social Assistance Programme

Static Take Aways January 2018 Current Affairs Injec Myanmar PM- Aung San Suu Kyi, Capital- . National Security Adviser Ajit Doval is its secretary. Thailand Capital- , Currency- Thai baht. 'Transport for London‘ is a statutory body established Indonesia Capital- Jakarta, Currency- Indonesian rupiah. under the Greater London Authority Act, 1999 (UK) to Israel President- Reuven Rivlin, Prime Minister- Benjamin improve public transport in India. Netanyahu, Currency- Israeli new shekel. Tata Power Solar commissioned a 12 MW solar rooftop Water Resources & Ganga Rejuvenation Minister- Nitin project in , Punjab which is India's largest rooftop Gadkari. solar plant. Drinking Water & Sanitation Minister- . GAIL- Gas Authority of India Limited. There are total 11 banks on which RBI initiated PCA till. Karnataka CM- Siddaramaiah, Governor- Vajubhai Vala. Allahabad Bank MD & CEO- Usha Tamil Nadu CM- Edappadi K. Palaniswami, Governor- Ananthasubramanian, HQ:- Kolkata. Banwarilal Purohit. NABARD- National Bank for Agriculture & Rural Turkey Capital- Ankara, Currency- Turkish Development. lira, President- Recep Tayyip Erdogan. NABARD was established on 12 July 1982. Pakistan Capital- Islamabad, Currency- Pakistani rupee. HQ- Mumbai, Chairman- Harsh Kumar Bhanwala. Chinese Capital- Beijing, President- Xi Jinping. Andhra Pradesh Grameena Vikas Bank Chairman- Narasi HSBC HQ: in London, United Kingdom. Reddy. Currently, there are 56 RRBs operational in India. HSBC was established in 1865 to finance trade between MD & CEO of India Post Payments Bank- Suresh Sethi. Europe & Asia. DG & CEO of IICA- Gyaneshwar Kumar Singh. Present CEO of HSBC- Stuart Gulliver. National Security Council is headed by the prime minister. HDFC Bank- India‘s largest private bank by market It is the apex body on all internal & external security- capitalization related matters. HDFC Bank Chairman- Aditya Puri. 18 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 RBI labelled HDFC Bank as ‗domestic systematically Arunachal Pradesh CM- , Governor- important bank‘—in other words, 'too big to fail'. Brigadier BD Mishra. Arun Jaitley is the Present Finance Minister of India. Maulana Abul Kalam Muhiyuddin Ahmed was the founder R K Shanmukhan Chetty was 1st Finance Minister of of ICCR. Independent India. Riva Ganguly Das is the Director General of ICCR. MCLR is for Marginal Cost of funds based Lending Rate. SBI Chairman- Rajnish Kumar, HQ:- Mumbai, Established on- 01st July 1955. Assam is the only state in the state that has an NRC. UAE Capital- Abu Dhabi, Currency- Dirham. Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. IIFCL is a wholly-owned Govt. of India company set up in 2006. IIFCL has been registered as an NBFC-ND-IFC with RBI since September 2013. Avtar Singh Cheema was the first Indian to climb Mount Everest successfully. Mt. Everest is the tallest Mountain (by Elevation). UNESCO- United Nations Educational, Scientific & Cultural Organization. France's Audrey Azoulay- 11th DG of UNESCO, HQ:- Paris, France.

Static Take Aways December 2017 Current Affairs K K Sharma is the Director Genereal of BSF. HQ:- New AYUSH Minister- Shripad Yesso Naik. Delhi. Capital- Wellington, Currency- New SIMBEX is the Joint Military Exercise between India & Zealand Dollar. Singapore. Thailand Capital- Bangkok, Currency- Thai baht. Halimah Yacob was recently (September 2017) named The 21st FIFA World Cup will be held from June 14 to July Singapore's first female president. 15, 2018, at 12 stadiums in 11 Russian cities. - a Country in North America, Capital- . Food & Agriculture Organization of the United Nations CM- T R Zeliang, Governor- Padmanabha HQ: in Rome, Italy. Balakrishna Acharya. Rome is the Capital city of Italy. CBDT Chairperson- Sushil Chandra, HQ:- New Delhi Germany capital- . Chancellor of Germany- Angela Pakistan PM- Shahid Khaqan Abbasi, Capital- Islamabad. Merkel. was India's . President of ADB is Takehiko Nakao. Poland Capital- , Currency- Polish zloty. Founded on 19 December 1966 ADB has its Headquarter in Secretary-General of IMO- Kitack Lim, HQ:- London, UK. Manila, Philippines. Russia Capital- , President- Vladimir Putin. Chief Minister of Kerala is . Capital of Capital- , Currency- Kenyan shilling. Kerala Thiruvananthapuram. 2018 Youth Olympics will be held in Buenos Aires, Capital- Caracas, Currency- Venezuelan bolivar. Argentina. UAE Capital- Abu Dhabi, Currency- UAE dirham Germany Capital- Berlin, Chancellor- Angela Merkel. Dr. Urjit Patel is the 24th Governor of RBI. RBI HQ: in HQ: of UN: New York, USA | Secretary General: Antonio Mumbai. Guterres M is the 13th VP if India. Admiral Sunil Lanba- Chief of Naval Staff (CNS). Dr. Jitender Singh: Minister of State for the Ministry of Nepal PM- Sher Bahadur Deuba, Capital- , Development of North Eastern Region. Currency- Nepalese rupee. Assam CM- , Governor- Jagdish Gujarat CM- Vijaybhai R. Rupani, Governor- Om Prakash Mukhi. Assam Capital - Dispur. Kohli. The ISA, headquartered in India, has its secretariat located Andhra Pradesh CM- Chandra Babu Naidu, Governor- in the campus of National Institute of Solar Energy, ESL Narsimhan. Gurgaon, . HDFC Bank- India‘s largest private bank by market CM- , Governor- capitalization Om Prakash Kohli. Capital of Madhya Pradesh is Bhopal. USA President- Donald Trumph (45th), Capital- USA President- Donald Trump (45th), Capital- Washington Washington DC. D.C. AYUSH- Ministry of Ayurveda, Yoga & Naturopathy, Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. Unani, Siddha & Homoeopathy. Syria Capital- Damascus, Currency- Syrian pound. 19 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Capital- OBOPAY Established in- 2005, Chairman- D. International Olympic Committee headquarter-Lausanne, Padmanabhan, Head Office- Bengaluru, Karnataka. Switzerland. BCCI President- . ICC CEO- David Richardson, ICC HQ: - Dubai, United ICC CEO- Dave Richardson. Arab Emirates. Japan Capital- Tokyo, PM- Shinzo Abe, Currency- Japanese UNICEF Headquarter - New York, United States. Yen. Afghanistan Capital- Kabul, President- Ashraf Ghani. Australia Capital- , PM- Malcolm Turnbull. UP CM- , Governor- . Argentina Capital- Buenos Aires, President- Mauricio Defence Minister of India- Nirmala Sitharaman. Macri. BR Ambedkar- Independent India's first law minister. BARC (Broadcast Audience Research Council) India is an Passed Away: 6 December 1956. His Place of Birth: Mhow industry body set up to design, commission, supervise & in Central Provinces (currently Madhya Pradesh). own an accurate, reliable & timely television audience NITI- National Institution for Transforming India. measurement system for India. BARC India CEO- Partho Chairperson- Narendra Modi, Vice Chairperson- Dr. Rajiv Dasgupta. Kumar. CM of Tamil Nadu- Edappadi Palaniswami. J. P. Nadda- Union Minister of Health & Family Welfare. UN Secretary-General: Antonio Guterres, HQ:- New York, Cuba Capital- Havana, Currency- Cuban peso. USA. Italy Capital- Rome, Currency- Euro. Saudi Arabia Capital- Riyadh, Currency- Saudi Riyal. Vijay Shekhar Sharma is the Chairman of the Paytm UK PM- Theresa May, Capital- London, Currency- Pound Payments Bank. sterling. UNESCO- United Nations Educational, Scientific & The first finance minister of independent India was R. K. Cultural Organization. Shanmukham Chetty, who also presented its first Budget. France's Audrey Azoulay- 11th DG of UNESCO, HQ:- National Informatics Centre (NIC) was established in 1976. Paris, France. Smt. Neeta Verma- Director-General of NIC, Headoffice- Australia Capital- Canberra, Australian PM- Malcolm New Delhi. Turnbull. The Netherlands (April 2001)- was the First International Buddhist Confederation is the biggest Nation to grant the same-sex couples. religious Buddhist confederation, based in Delhi, India. Sriharsha Majety- CEO & Co-founder of Swiggy. Rajasthan Capital- Jaipur, CM- , The Legislature or Parliament is headed by the President of Governor- . India. Founded on 19 December 1966 ADB has its Headquarter in As per the World Bank, Financial inclusion means that Manila, Philippines. President of ADB is Takehiko Nakao. individuals & businesses have access to useful & RBI current & 24th Governor- Dr. Urjit Patel, Headquarter- affordable financial products & services that meet their Mumbai, Nationalized in - 1949. needs – transactions, payments, savings, credit & insurance AIIB Headquarter- Beijing, China, Commenced operations – delivered in a responsible & sustainable way. in- January 2016. AIIB President- Mr. Jin Liqun. Australia Capital- Canberra, Currency- Australian dollar. Oman Capital- Muscat, Currency- Omani rial. Japan Capital- Tokyo, Currency- Japanese yen. Russia Capital- Moscow, Currency- Russian ruble. Forbes- American business magazine, Founded in- 1917. China Capital- Beijing, Currency- Renminbi, President- Xi HQ:- New York City, USA. Jinping. Finance Minister of India- Arun Jaitley. SEBI- Securities & Exchange Board of India. Chairman- Google CEO- Sundar Pichai, HQ:- California, USA. Ajay Tyagi, HQ:- Mumbai. SBI Present Chairman- Rajnish Kumar, Headquarter- Air India Founded: 15 October 1932 (as Tata Airlines), Mumbai. HQ:- Delhi IndusInd Bank Chairman- R. Seshasayee. Headquarter- Germany Capital- Berlin, Currency- Euro. Mumbai, Owner- Hinduja Group. Delhi CM- , Lt. Governor- Anil Baijal. PCA- Prompt Corrective Action. Minister of Water Resources, River Development & Ganga Corporation Bank Managing Director & CEO- Jai Kumar Rejuvenation- Nitin J Gadkari. Garg, Headquarter- Mangalore, Karnataka. Kacheguda Railway Station- Situated in Hyderabad. Indian Navy Chief of Naval Staff (CNS)- Admiral Sunil Kerala CM- Pinarayi Vijayan, Governor- P. Sathasivam. Lanba. USA President- Donald Trump (45th), Capital- Washington IBRD- International Bank for Reconstruction & D.C. Israel President- Reuven Rivlin. Development. Wassenaar Arrangement Secretariat- Vienna, . The World Bank President- Jim Yong Kim (12th), HQ:- current Head of Secretariat- Ambassador Philip Griffiths Washington DC, USA. (New Zealand). Minister of State (IC) of Power & New & Renewable Kerala CM- Pinarayi Vijayan, Governor- P.Sathasivam. Energy- R.K. Singh. NCDEX- National Commodity & Derivatives Exchange, Capital of - Rabat, Currency- Moroccan dirham. Samir Shah- Managing Director, NCDEX. Arun Thukral- Capital- , Currency- Norwegian krone. Managing Director, Axis Securities.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Turkmenistan Capital- Ashgabat, Currency- Turkmenistan Minister of State for Skill Development & manat Entrepreneurship- Anantkumar Hegde. Mexico Capital: Mexico City, Currency: Mexican peso Myanmar PM- Aung San Suu Kyi, Capital- Naypyidaw. WTO Director-General- Roberto Azevêdo, Established- 1 IBRD- International Bank for Reconstruction & January 1995, HQ:- Geneva, Switzerland. Development. IEA Executive Director- Fatih Birol, Established in- 1974, World Bank President- Jim Yong Kim (12th), HQ:- Secretariat- Paris, France. Washington DC, USA. A.K. Panda- Secretary, MSME. Capital of France- Paris, Currency- Euro| President- BIMSTEC- The Bay of Bengal Initiative for Multi-Sectoral Emmanuel Macron, Prime Minister- Edouard Philippe. Technical & Economic Cooperation. It came into being on 6 Bank of India was founded on 7th September, 1906. June 1997. BIMSTEC member states are India, Bangladesh, Managing Director & CEO- Dinabandhu Mohapatra. Bhutan, Myanmar, Nepal, & Thailand. Competition Commission of India (CCI) Chairperson- Kuwait Capital- Kuwait City, Currency- Kuwaiti dinar. Ashok Chawla. FIFA President- Gianna Infantino. IndusInd Bank Chairman- R. Seshasayee, Headquarter- ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Mumbai, Owner- Hinduja Group. , Myanmar, the Philippines, Singapore, Thailand, AU Small Finance Bank HQ:- Jaipur, Rajasthan, Started in- & . 1996, Chairman- Mannil Venugopalan. Indonesia Capital- Jakarta, Currency- Indonesian Rupiah. YES Bank MD & Chief Executive- Rana Kapoor, HQ:- Mizoram CM- Lal Thanhawla, Governor- Lt. General Mumbai. (Retd.) Nirbhay Sharma 1st Railway Minister of Independent India- John Mathai. Telangana CM- K Chandrasekhar Rao, Governor- E.S Present Textile Minister of India- Smriti Zubin Irani. Lakshmi Narasimhan (Add. Charge). Forbes- American Business Magazine, Founded in- 1917. Chief of Army Staff- General Bipin Rawat. HQ:- New York City, USA. The XXIII Olympic Winter Games will be held from 9 to 25 Present Chief of Naval Staff- Admiral Sunil Lanba. February 2018 in PyeongChang, the Republic of Korea. MD & CEO of - Pawan Kumar Bajaj, Andhra Pradesh Chief Minister- N Chandrababu Naidu, HQ:- Kolkata, West Bengal. Governor- E.S Lakshmi Narasimhan. SEBI Chairman- Ajay Tyagi, HQ:- Mumbai. Odisha CM- , Governor- S. C. Jamir. Gold Coast, Australia, will host the next Commonwealth Libreville is the capital city of , a country on the Games in 2018. coast of Central Africa. Ali Bongo Ondimba is a President Gujarat Governor- Om Prakash Kohli. of Gabon. Switzerland Capital- , President- Doris Leuthard. CMD DishTV India Limited- Mr. Jawahar Goel. Haryana CM- , Governor- Kaptan UNESCO- United Nations Educational, Scientific & Singh Solanki. Cultural Organization. Director-General (Present)- France's Oman Capital- Muscat, Currency- Omani rial. Audrey Azoulay, HQ:- Paris, France. Russia Capital- Moscow, President- Vladimir Putin. Capital- , Currency- Chilean peso. Water Resources & Ganga Rejuvenation Minister- Nitin Syndicate Bank MD & CEO- Melwyn Rego, HQ:- Manipal. Gadkari. ICICI CEO- Chanda Kochhar, Headquarter- Mumbai. Drinking Water & Sanitation Minister- Uma Bharti. CM- , Governor- . Srivatsa Krishna- Secretary, Coffee Board of Karnataka. Non-Executive Chairman & an Independent Director of Anil Bhandari- President, India Coffee Trust. ICRA- Arun Duggal, Peru Capital- , Currency- Sol. ICRA Limited (formerly Investment Information & Credit D. Rajkumar- Chairman & Managing Director of BPCL. Rating Agency of India Limited) was set up in 1991. Rajnish Kumar- Chairman of SBI. Capital- , Currency- Rwandan franc. Quikr CEO- Pranay Chulet. CEO of Ola- Bhavish Aggarwal, HQ:- Bengaluru. HDFC CEO- Aditya Puri. Iraq Capital- Baghdad, Currency- Iraqi dinar, President- UP CM- Yogi Adityanath, Governor- Ram Naik. Fuad Masum. Minister for Environment, Forest & Climate Change- Dr Germany Capital- Berlin, Currency- Euro, Chancellor- Harsh Vardhan. Angela Merkel. NPA stands for Non Performing Assets. Dr Urjit Patel is Assam CM- Sarbananda Sonowal, Governor- Jagdish the present Governor of RBI. Mukhi. Founder & Executive Chairman of WEF- Klaus Schwab, Lakshwadeep Administrator- Farooq Khan. HQ:- Geneva, Switzerland. Tamil Nadu CM- Edappadi K Palaniswami, Governor- SLCM Group CEO- Sandeep Sabharwal. Banwarilal Purohit. HDFC Bank CEO- Aditya Puri, HQ:- Mumbai. Kerala CM- Pinarayi Vijayan, Governor- Justice (Retd.) IndusInd Bank Chairman- R. Seshasayee, Headquarter- Palaniswamy Sathasivam. Mumbai, Owner- Hinduja Group. The two main rivers of Assam are Brahmaputra & Barak. Samsung is the Korean Based company. Dr. Oh-Hyun Kwon- Chief Executive Officer & Chairman of Samsung.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Axis Bank CEO- Shikha Sharma, HQ:- Mumbai. Dinabandhu Mohapatra is Managing Director & CEO of Kazakhstan Capital- Astana, Currency- Kazakhstani tenge. Bank of India. Headoffice of Bank of India- Mumbai. IRDAI- Insurance Regulatory & Development Authority of BC Tripathi- Chairman & Managing Director of GAIL. India. T.S.Vijayan- Chairman of IRDAI. Governor of - Satya Pal Malik GIFT City- Gujarat International Finance-Tec City HAL Chairman & Managing Director (CMD)- T. Suvarna Raju. PETA is the largest animal rights organization in the world. Ingrid Newkirk- President, PETA. Crown Prince of Saudi Arabia- Mohammed bin Salman. Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. SBI Chairman- Rajnish Kumar, HQ:- Mumbai, Established on- 1st July 1955. Vijay Shekhar Sharma is the CEO of Paytm. Paytm HQ: in Noida. Bank of Baroda Chairman- Ravi Venkatesan, Managing Director & CEO P.S.Jayakumar. Maldives Capital- Male, Currency- Maldivian rufiyaa. SEBI- Securities & Exchange Board of India. SEBI Chairman- Ajay Tyagi, HQ:- Mumbai Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. King of Jordan- Abdullah II. Jordan Capital- Amman, Currency- Jordanian dinar. CM of West Bengal- Mamta Bannerjee, Governor- Keshari Nath Tripathi. Liberia Capital- Monrovia, Currency- Liberian dollar. IDBI MD & CEO- Mahesh Kumar Jain, Headquarter- Mumbai. Static Take Aways November 2017 Current Affairs

The permanent members of the Security Council are Capital of - USA, Russia, France, UK & China. President of EBRD- Suma Chakrabarti | HQ:- London, International Court of Justice HQ:- , United Kingdom. Netherlands. Capital of Sri Lanka- Sri Jayawardenepura Kotte IBRD- International Bank for Reconstruction & Currency of Sri Lanka- Sri Lankan rupee Development. President of Sri Lanka- Maithripala Sirisena World Bank President- Jim Yong Kim (12th), HQ:- Western Naval Command (HQ: at Mumbai). Washington DC, USA. The Eastern Naval Command (HQ: at Visakhapatnam). Haryana CM- Manohar Lal Khattar, Governor- Kaptan The Southern Naval Command (HQ: at Kochi). Singh Solanki. Chilika lake located in Odisha. Minister of Drinking Water & Sanitation- Uma Bharati. is Union Agriculture Minister of Israel Capital- Jerusalem, Currency- Israeli new shekel, India. President- Reuven Rivlin. Constituency of Radha Mohan Singh- Purvi Forbes- American business magazine, Founded in- Champaran (Bihar). 1917. HQ:- New York City, USA. Secretary general of UN- Antonio Guterres. Bangladesh Capital- Dhaka, Currency- Taka. Axis Bank head office- Mumbai Russia Capital- Moscow, President- Vladimir Putin. Chief executive Officer (CEO) & MD- Shikha Sharma. China is the largest fish producer country in the world. Shri Jagat Prakash Nadda is the Minister of Health & Blue Revolution: Integrated Development & Family Welfare. Management of Fisheries. Minister of Law & Justice- . Managing Director & CEO of Andhra Bank- Suresh N Capital of New Zealand Wellington. Patel. Headquarter- Hyderabad, Telangana. PM of New Zealand Jacinda Ardern. Governor of Telangana- E. S. L. Narasimhan. RBL Bank MD & CEO- Vishwavir Ahuja, Corporate Capital of Syria: Damascus, President: Bashar al-Assad, Office- Mumbai, Maharashtra. Currency: Syrian pound Golden temple is in Amritsar, Punjab. CM of Punjab is Capital of Ukraine- Kiev, Currency: Ukrainian hryvnia, . HQ: of United Nations- New York, USA. Current Governor of Punjab is V P Singh Badnore. 22 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Capital of China is Beijing. Dharmendra Pradhan- Minister of Skill Development Vice Chairman of NITI Aayog is Rajiv Kumar. & Entrepreneurship. CM of Haryana is Manohar Lal Khattar. UNESCO- United Nations Educational, Scientific & Seoul is the capital of the Republic of Korea (ROK), Cultural Organization. HQ:- Paris, France. also known as South Korea. Capital- Tallinn, Capital- Riga, Current Governor of Odisha is Senayangba Chubatoshi Capital- Vilnius. Jamir. South Korea Capital- Seoul, Currency- South Korean HQ: of ‗Coinome‘ is located in Mumbai. CEO of won. Coinome is Vivek Steve Francis. Delhi Lt. Governor- Anil Baijal. HQ: of BOB is in Vadodara, Gujarat & Tagline is Adani Power Chairman & Founder- Gautam Adani, ‗India‘s International Bank‘. Current MD & CEO of Headoffice- Ahmedabad, Gujarat. BOB is P S Jayakumar. CM- , Governor- Droupadi Capital of South Africa is Cape Town. Murmu. CM of Telangana is K. Chandrashekar Rao. UK PM- Theresa May, Capital- London, Currency- Capital of Iran is Tehran. Pound.sterling. ADB has its Headquarter in Mandaluyong, Federal Bank MD & CEO- Shyam Srinivasan. Philippines. President of ADB is Takehiko Nakao. Kuwait Capital- Kuwait City, Currency- Kuwaiti Dinar The capital of Japan is Tokyo. (world's highest-valued currency unit). Civil Aviation Secretary is R N ChoubeyMinister of Telangana CM- K Chandrashekhar Rao, Governor- ESL Civil Aviation is Ashok Gajapathi Raju Pusapati. Narasimhan. Mridula Sinha is the Governor of Goa. Israeli PM- Benjamin Netanyahu, Capital- Jerusalem HQ: of IOC- Lausanne, Switzerland. The 2020 Summer NDMA Chairman- PM Narendra Modi, Headquarter- Olympics held in- Tokyo (Japan) in 2020. President of New Delhi. IOC- Thomas Bach. Minister of Environment, Forest & Climate Change: Dr. 48th International Film Festival of India was held in Harsh Vardhan. Goa. Haryana CM- Manohar Lal Khattar, Governor- Kaptan is union Information & Broadcasting & Singh Solanki. Textiles Minister. Union Home Minister- Mr. . is CM of Chhatisgarh. Balram Das Urjit Patel- 24th Governor of RBI, Headquarter- Tandon is present Governor of Chhatisgarh. Mumbai. Dudhawa Dam located in across the Philippines Capital- Manila, Currency- Philippine Mahanadi river. peso, President- Rodrigo Duterte. Naveen Patnaik is present CM of Odisha. SC Jamir is Canada Capital- , Currency- Canadian Dollar. present governor of Odisha. Bhubaneswar is capital PM- Justin Trudeau. city of Odisha. Asia-Pacific Economic Cooperation (APEC) AIBA HQ: is in Lausanne, Switzerland. Established in- 1989, HQ:- Singapore, Current PM- Sheikh Hasina, President- Abdul Hamid. Chairperson- Tran Dai Quang. 2016 APEC held in- New Zealand Capital- Wellington, Currency- New Lima, Peru. Zealand dollar. Menaka Gandhi- Cabinet Minister of Women & Child National Green Tribunal (NGT)- Development Chairperson- Justice Swatanter Kumar, Headquarter- Uber CEO- Dara Khosrowshahi, HQ:- California, USA. New Delhi, Established- November 2010. Softbank Chairman & CEO- Masayoshi Son, HQ:- IDFC Bank MD & CEO- Sunil Kakkar, HQ:- Mumbai. Tokyo, Japan. MobiKwik CEO- Bipin Preet Singh, HQ:- Gurgaon, Bahrain Capital- Manama, Currency- Bahraini dinar. Haryana. PNB MetLife India Insurance MD & CEO- Ashish PayPal Headquarter- California USA, Founded in- Srivastava, 1998. CPCB Chairman- S.P. Singh Parihar, Headquarter- PayPal Holdings Inc President & CEO- Dan Schulman. New Delhi. HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai. AIFF President- Praful M Patel, Headquarter- Dwarka, Nepal PM- Sher Bahadur Deuba, President- Bidhya New Delhi. Devi Bhandari. Arjan Singh Bhullar- 1st Indian-origin fighter to be Bank of China Chairman- Chen Siqing. signed by the UFC. State Bank of Pakistan (SBP) Governor- Tariq Bajwa. Nepal Capital- Kathmandu, Currency- Nepalese rupee. Pakistan PM- Shahid Khaqan Abbasi, President- PM Nepal- Sher Bahadur Deuba, President- Bidhya Mamnoon Hussain. Devi Bhandari. CM- Pinarayi Vijayan, Governor- Palaniswamy Philippines Capital- Manila, Currency- Philippine Sathasivam. peso. President- Rodrigo Duterte. 23 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Vietnam Capital- , Currency- Vietnamese dong. Emmanuel Macron. Communication Minister- Manoj Sinha, Nagaland CM- T.R. Zeliang, Governor- P.B. Acharya. Electronics & IT Minister- Ravi Shankar Prasad. Formed on- 15 November 2000, CM- Raghubar Das, Air India CMD- Rajiv Bansal. Governor- Draupadi Murmu. MD & CEO of Bank of India- Dinabandhu Mohapatra, Jharkhand was created on the birthday of Birsa Munda HQ:- Mumbai, Maharashtra. who fought against the British. Minister of State for Women & Child Development - FSIAB- Financial Stability Institute Advisory Board. Dr. Virendra Kumar. BIS- Bank of International Settlement. Italy Capital- Rome, Currency- Euro. Capital of France- Paris, Currency- Euro|President: FIFA World Cup 2018- in Russia Emmanuel Macron, PM: Edouard Philippe Qatar Capital- Doha, Currency- Qatari riyal. Maharashtra CM- , Governor- Ministry of Electronics & Information Technology- Chennamaneni Vidyasagar Rao. Ravi Shankar Prasad. WHO Director-General- Tedros Adhanom APCERT- Asia Pacific Computer Emergency Response Ghebreyesus, Headquarter- Geneva, Switzerland. Team. Russia Capital- Moscow, President- Vladimir Putin. Chhattisgarh CM- Raman Singh, Governor- Balramji Headquarter of Yes Bank- Mumbai, Founded- 2004, Dass Tandon. Founder & CEO- Rana Kapoor NITI Ayog Vice-Chairman- Rajiv Kumar. Denmark Currency- Danish krone Germany Capital- Berlin, Currency- Euro. Founder & CEO Paytm- Vijay Shekhar Sharma. ISA- International Solar Alliance. ICICI Bank CEO- Chanda Kochhar Capital- Ljubljana. WPO- World Packaging Organisation, Founded in- Japan Capital- Tokyo, USA Capital- Washington DC, September 6, 1968 in Tokyo, Japan. Australia Capital- Canberra. WPO President- Mr. Thomas Schneider. June 21- UN-designated- International Yoga Day- in Spain Capital- Madrid, Currency- Euro. 2015. Indira Gandhi was born on- 19th November 1917| Saudi Arabia Capital- Riyadh, Currency- Saudi Riyal. Assassination- 31st October 1984| Shakti Sthal- China Capital- Beijing, Currency- Renminbi. President- Memorial to Indira Gandhi Xi Jinping. Malaysia Capital- Kuala Lumpur, Currency- Malaysian Tamil Nadu CM- Edappadi K Palaniswami, Governor- ringgit Banwarilal Purohit. SEBI- Securities & Exchange Board of India.| SEBI Japan Capital- Tokyo, PM- Shinzo Abe. Chairman- Ajay Tyagi, HQ:- Mumbai. Home Minister of India- Rajnath Singh. RBL Bank MD & CEO- Vishwavir Ahuja, Corporate Poland Capital- Warsaw. Office- Mumbai, Maharashtra. Capital- . Xi Jinping is the Present President of China. Beijing is HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai. the capital of China. Syria Capital- Damascus, Currency- Syrian pound, Manohar Lal Khattar is the CM of Haryana. Kaptan Syrian President- Bashar al-Assad. Singh Solanki is the Governor of Haryana. UN Secretary-General- Antonio Guterres. The Capital of Lebanon is Beirut. Its Currency is Binge watching- the practice of watching multiple Lebanese pound. episodes of a television programme in rapid General Bipin Rawat is the present & 27th Chief of succession. Army Staff. Canada Capital- Ottawa, Currency- Canadian dollar, COP 22 was held in Marrakesh, Morocco. Canada PM- Justin Trudeau. Piyush Goyal is the Present Minister of Railways. US President- Donald Trump (45th) Antonio Guterres is the Secretary general of United Andhra Pradesh CM- Nara Chandrababu Naidu, Nations. UN HQ: in New York, United Nations. Governor- E.S Lakshmi Narasimhan. S. Christopher is the present Chairman of DRDO. Moodys Analytics President- Mark Almeida, HQ:- the Irina Bokova is the Present Director-General of USA. UNESCO. UNESCO HQ: in Paris, France. Union Minister of State (I/C) for Development of Majuli is a river island in the Brahmaputra River, North Eastern Region (DoNER): Dr. Jitendra Singh. Assam. It is India‘s first island district & world‘s Moodys Analytics President- Mark Almeida, HQ:- the largest river island. Jagdish Mukhi is the Present USA. Governor of Assam. Argentina Capital- Buenos Aires, Currency- Argentine Natarajan Chandrasekaran is the Chairman of TATA peso Steels. Indonesia Capital- Jakarta, Currency- Indonesian Naveen Patnaik is the CM of Odisha. S. C. Jamir is the rupiah. Present Governor of Odisha. France Capital- Paris, Currency- Euro, President- Harsimrat Kaur Badal, the Union Cabinet Minister of 24 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Food Processing Yes Bank HQ: in Mumbai. CEO of Yes Bank is Rana Chanda Kochhar is the MD & CEO of ICICI Bank. Kapoor. ICICI Bank HQ: in Mumbai. Yerevan is the Capital of Armenia. Its currency is is the capital of . Egyptian pound is the Armenian dram. currency of Egypt. Bangkok is the capital of Thailand. Jim Yong Kim is the President of World Bank. World Sanjay Agarwal, MD & CEO, AU Small Finance Bank. Bank HQ: in Washington, D.C., United States. ONGC stands for Oil & Natural Gas Corporation Tedros Adhanom Ghebreyesus is the WHO‘s Director Limited. Shashi Shankar has been recently appointed General. WHO HQ: in Geneva, Switzerland. CMD of ONGC. is the capital of . Beji Caid Essebsi jas is Lt Gen SK Shrivastava is the Director General Border the present President of Tunisia. Roads Organization. Thimphu is the capital of Bhutan. Dzongkha is the Sushil Chandra is the Chairman of Central Board of official language of Bhutan. Direct Taxes (CBDT). Jamsetji Tata was the founder of TATA Steels. It HQ: in Boxing Federation of India (BFI) President- Ajay Singh. Mumbai, Maharashtra. AIBA- Amateur International Boxing Association. Bharti AXA Life is a life Insurance player that was AIBA President- Dr Ching-Kuo Wu, HQ:- Switzerland. started in 2006. It brings together the Paris- Ambassador for AIBA Youth Women‘s World Boxing headquartered AXA Group & Bharti Enterprises. Championship 2017- . Moscow is the capital of Russia. Vladimir Putin is the Twitter CEO- Jack Dorsey, HQ:- California, USA. present President of Russia. Kerala CM- Pinarayi Vijayan, Governor- Palaniswamy Martina Hingis is from Switzerland. Sathasivam. World Economic Forum HQ: in Geneva, Switzerland. Co-founder & CEO of Ola- Bhavish Aggarwal. Klaus Schwab is the Founder & Executive Chairman of Microsoft CEO- Satya Nadella. WEF. Apollo Munich Health Insurance, CEO- Antony Jacob. Siddaramaiah is the present CM of Karnataka. UNESCO- United Nations Educational, Scientific & Vajubhai Vala is the present Governor of Karnataka. Cultural Organization. Director-General- Irina Bokova, Shahid Khaqan Abbasi is the present PM of Pakistan. HQ:- Paris, France. Islamabad is the capital of Pakistan. Paytm CEO- Vijay Shekhar Sharma. Devendra Fadnavis is the CM of Maharashtra. BHIM- Bharat Interface for Money, UPI- Unified Chennamaneni Vidyasagar Rao is the Governor of Payment Interface. Maharashtra. IBRD- International Bank for Reconstruction & Jin Liqun is present president of the Asian Development. Infrastructure Investment Bank (AIIB). Beijing, China is President- Jim Yong Kim (12th), HQ:- Washington, DC HQ: of AIIB. USA Astana is the Capital of Kazakhstan. Kazakhstani tenge Guinea Capital- Conakry, Currency- Guinean Franc. is the currency of Kazakhstan. Rajiv Kumar- Financial Services Secretary. Krish Iyer is the President & CEO of Walmart India. Ajay Narayan Jha- Expenditure Secretary, Naveen Patnaik is the CM of Odisha. SC Jamir is the Neeraj Kumar Gupta- Secretary, DIPAM. Governor of Odisha. Subhash Chandra Garg- Economic Affairs Secretary. Yogi Adityanath is the CM of Uttar Pradesh. Ram Naik is the Governor of Uttar Pradesh.

Static Take Aways from October 2017 Current Affairs Manila is the Capital of the Philippines. Rodrigo Duterte is of the United Nations. UN is headquartered in New York. the President of the Philippines. Sunil Mehta is the MD & CEO Of . Sheikh Hasina is the Present PM of Bangladesh. Abdul PNB HQ: in New Delhi. Hamid is the Present President of Bangladesh. IndusInd Bank HQ: in Mumbai. Mr. R. Seshasayee is the Port Louis is the Capital of . Chairman of IndusInd Bank. Alok Kumar Verma is the present Director of CBI. Bipin Preet Singh is the CEO of MobiKwik. HSBC HQ: in London, UK. Stuart Gulliver is the Group The Chairman & Managing Director of NRDC is H CEO of HSBC. Purushotham. Paul B Jansen is the Director of EBTC. Bern is the Capital of Switzerland. It was formed in the year 1969. HQ: of UNFPA is located The Managing Director for India of NBA is Yannick in New York, US. In October 2017, United Nations Colaco. Secretary-General Antonio Guterres appointed Dr. Natalia Aapka bank, aapke dwaar is the Tagline of IPPB. IPPB is Kanem Executive Director of UNFPA. Headquartered in New Delhi. Rajiv Jain is the present Director of Intelligence Bureau Mr. Antonio Guterres of is the Secretary-General (IB). 25 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 AMFI is Headquartered in Mumbai. Small Finance Bank. Smt. Smriti Zubin Irani is the Cabinet Minister of Textiles Najib Razak is the PM of Malaysia. Kuala Lumpur is the of India. Capital of Malaysia. About LEI- The LEI is a global reference number that Shri B. Sambamurthy is the Interim Chairman of NPCI. uniquely identifies every legal entity or structure that is Piyush Goyal is the Minister of Railways of India. party to a financial transaction, in any jurisdiction. It is a Angela Merkel is the Chancellor of Germany. unique 20 digit alphanumeric code that is assigned to a SBI HQ: in Mumbai, Maharashtra. It was established on 1 legal entity. July 1955. Rajnish Kumar is the present Chairman of SBI. Mr. Sunil Kakar is the Managing Director & CEO of IDFC HSBC HQ: in London, United Kingdom. Limited. Headquarter of IDFC Bank is in Mumbai. Jeff Weiner is the CEO of LinkedIn. Jakarta is the Capital of Indonesia. Joko Widodo is the Kim Ki Wan is the MD of LG Electronics India. LG President of Indonesia. Electronics is a South Korean Company. Shivraj Singh Chouhan is the CM of Madhya Pradesh. Om Satya Pal Malik is the present Governor of Bihar. Prakash Kohli (Add. Charge) is the Present Governor of The Capital of Bulgaria is Sofia. Madhya Pradesh. Vijaybhai Rupani is the present CM of Gujarat. Om Vijaybhai R. Rupani is the present CM of Gujarat. Om Prakash Kohli is the Governor of Gujarat. Prakash Kohli is the present Governor of Gujarat. Satya Nadella is the CEO of Microsoft. Kabul is the Capital & most populated city of Afghanistan. Alice Vaidyan is the CMD of GIC Re. GIC Re is Afghani is the Currency of Afghanistan. It celebrates headquartered in Mumbai. National Day on 19 August. Amsterdam is the Capital of Netherlands. Banwarilal Purohit is the present Governor of Tamil Xi Jinping is the President of China. Beijing is the Capital Nadu. Edapaddi K Palaniswami is the Chief Minister of of China. Tamil Nadu. Samsung Electronics is a South Korean multinational The Chairman of L & T is A. M. Naik. electronics company headquartered in Suwon, South UNESCO stands for the United Nations Educational, Korea. Scientific & Cultural Organization. Irina Bokova is the Ajay Banga is the CEO of Mastercard. Director-General of UNESCO. 2019 FC Asian Cup will be held in the United Arab Santiago is the Capital of Chile. Michelle Bachelet is the Emirates. present President of Chile. UNESCO stands for United Nations Educational Scientific Doha is the Capital of Qatar. Abdullah bin Nasser bin & Cultural Organization. Irina Bokova is the Present Khalifa Al Thani is the Prime Minister of Qatar. Qatar is Director-General of UNESCO. the host of 2022 football World Cup. Mr. M K Surana is the present Chairman & Managing SGK Kishore is the CEO of GHIAL. Mohd. Badlisham Director of HPCL. Ghazali is the Managing Director of MAHB. Bipin Preet Singh is the Founder CEO & Director of Riyadh is the capital city of Saudi Arabia. Mohammad bin MobiKwik. Salman bin Abdulaziz Al Saud is the crowned Prince of General Bipin Rawat is the 27th Chief of Army Staff of the Saudi Arabia. Indian Army. Nirmala Sitharaman is the Present Defence Wellington is the capital of New Zealand. New Zealand Minister of India. dollar is the currency of New Zealand. Vasundhara Raje Scindia is present Chief Minister of The ICC was established in 2002. It is based in the Hague, Rajasthan. the Netherlands. Kalyan Singh is the present Governor of Rajasthan. Bujumbura is the capital of Burundi & Burundian franc is The United Nations is an international organization its currency. founded in 1945. It is currently made up of 193 Member Tehran is the capital of Iran. Mohammad Ashraf Ghani is States. the present Prime Minister of Afganistan. FAO stands for Food & Agriculture Organization. The Riyadh is the capital of Saudi Arabia. Mohammed bin HQ: of FAO is in Rome, Italy. Salman is the Crown Prince of Saudi Arabia. Ashwani Lohani is present Chairman of Railway Board. Paris is the capital of France. Emmanuel Macron is the Kiltan is the latest indigenous warship after Shivalik class, President of France. Kolkata class & sister ships. Siddaramaiah is the CM of Karnataka. Vajubhai Vala is Admiral Sunil Lanba is present Navy chief. the Governor of Karnataka. Vanuatu is a South Pacific Ocean nation made up of Satya Nadella is the CEO of Microsoft. roughly 80 islands that stretch 1,300 kilometres. Port Vila Lusaka is the Capital of the Republic of Zambia. Edgar is the capital city of Vanuatu. Tallis Obed Moses is the Lungu is the president of the Republic of Zambia. present President of Vanuatu. DEMU stand for Diesel Electric Multiple Unit. Rajkiran G Rai is present Chief Executive Officer (CEO) & Mohammad Mustafa is the present Chairman of SIDBI. Managing Director of Union Bank of India. The tagline of HQ: of SIDBI is in Lucknow, Uttar Pradesh. Union Bank of India is Good People to Grow with. Mannil Venugopalan is the Chairman of Board of AU YES BANK was founded by Rana Kapoor in 2004. Rana

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Kapoor is the founder, Managing Director & CEO of Yes Minister of Karnataka is Siddaramaiah. Bank. Headquarter of Yes Bank is in Mumbai. Prof. Jagdish Mukhi is the new Governor of Assam. Paljor Stadium, also known as Palzor Stadium is an Sheikh Hasina is the PM of Bangladesh. Abdul Hamid is association football stadium located in Gangtok, . the President of Bangladesh. Shripad Yasso Naik is the Minister of AYUSH. Accra is the Capital of . Ghanaian cedi is the Tokyo is the Capital of Japan. Shinzo Abe is the PM of Currency of Ghana. Japan. Rajyavardhan Singh Rathore is the present minister of Smt. Smriti Zubin Irani is the Minister of Textiles of India. Youth Affairs & Sports. Sujoy Bose is the CEO of NIIF. The President of Germany is Frank-Walter Steinmeier. FDDI was established in 1986. HQ: of FDDI is located in Chris Townsend is the Chairman of the Board of PNB Noida, Uttar Pradesh. MetLife Shivraj Singh Chouhan is the CM of Madhya Pradesh. Om Birender Singh Dhanoa is present Air Chief Marshal of Prakash Kohli (Add. Charge) is the Governor of Madhya Indian Air Force. Pradesh. Karnataka is the largest producer of coffee in India. Cairo is the capital of Egypt. Egyptian pound is the Om Prakash Kohli is present Governor of Gujarat. Vijay currency of Egypt. Ramniklal Rupani is incumbent CM of Gujarat. National Rural Livelihood Mission (NRLM) is a poverty Gir Forest National Park & Wildlife Sanctuary is a forest & alleviation project implemented by Ministry of Rural wildlife sanctuary near Talala Gir in Gujarat. Development, Govt. of India. Deen Dayal Antyodaya is Capital city of . The Ethiopian Yojana or DAY is a Govt. of India scheme for the helping Birr is the currency of Ethiopia. the poor by providing skill training. Mukhtar Abbas Naqvi is Union Minister of Minority Chennamaneni Vidyasagar Rao is present Governor of Affairs. Maharashtra. is natural World India‘s Foreign Minister, @SushmaSwaraj, is the most Heritage Site & National Park located in Maharashtra. followed female world leader in the world with a 9.6 Sushil Chandra is the present chairperson of the Central million following on Twitter. Board of Direct Taxes (CBDT). Naveen Tahilyani is the CEO & MD of Tata AIA Life. , also known as Periyar Tiger R A Sankaranarayanan is the MD & CEO of Vijaya Bank. Reserve, is in the mountainous Western Ghats of Kerala. The Official Mascot of the FIFA U-17 World Cup India Lal Bahadur Shastri was awarded the Bharat Ratna, 2017 is a called Kheleo. This is the first India's highest civilian award posthumously in 1966. FIFA tournament hosted by India. The final will be held at Antonio Guterres is present Secretary-General of the the Salt Lake Stadium in Kolkata on 28 October 2017. United Nations. UNESCO stands for United Nations Educational, Vijay Ghat is the memorial of Lal Bahadur Shastri. Scientific & Cultural Organization. United Kingdom made up of England, Scotland, & SAARC‘s Secretary-General is Amjad Hussain is an island nation in northwestern is the Capital of . Europe. London is the capital city of the United Kingdom. M. P. Mall is the Chairman & Managing Director of Vienna is the capital of Austria. Euro is the Currency of IRCTC. Austria. Brigadier BD Mishra (Retd) is the present Governor of Xi Jinping is the current president of China. Beijing is the Arunachal Pradesh. capital city of China. Li Keqiang is the current Premier Ganga Prasad is the present Governor of . China. Werner Hoyer is the President of European Investment Chief Minister & Governor of Tamil Nadu is Edappadi K. Bank. It HQ: in . Palaniswami & Banwarilal Purohit, respectively. Sudhir Pai is the CEO of Magicbricks. Governor of Andhra Pradesh Ekkadu Srinivasan Lakshmi Mr. Ajay Pandey Managing Director & Group CEO of Narasimhan. GIFT City. Jagat Prakash Nadda is the present Minister of Health & Must Do Takeaways from the above News: Family Welfare. Launched on 2nd October 1975, the Integrated Child Famous Tiger Reserves in India are Jim Corbett National Development Services (ICDS) Scheme is one of the Park (Uttarakhand), (Uttar flagship programs of the Govt. of India & represents one Pradesh), Buxa National Park (West Bengal), Rajaji Tiger of the world‘s largest & unique programmes for early Reserve (Uttarakhand). childhood care & development. Mr is the Cabinet minister of Road The Current chairman of ISRO is A. S. Kiran Kumar. Transport & Highways. ISRO was founded in 1969 & is headquartered in Tedros Adhanom Ghebreyesus is the WHO‘s Director Bengaluru, Karnataka. General. WHO HQ: in Geneva, Switzerland. Flipkart HQ: in Bengaluru. Governor of Karnataka is Vajubhai Rudabhai Vala. Chief

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 BUSINESS NEWS (NATIONAL & INTERNATIONAL) Companies Key Points Paytm App crossed 100 million milestone on Google Play Store Airtel Payments Bank CEO Shashi Arora quit the company following the controversy of violation of rules on using Aadhaar for its e-KYC. SBI Card & Bharat Petroleum, launched the BPCL SBI Card – most rewarding fuel co-branded credit card. HDFC Sold its realty brokerage business HDFC Realty & HDFC RED (Real Estate Destination) to online classifieds player Quikr. Bharti Airtel Ltd Signed Definitive agreement with Millicom International Cellular S.A., under which Airtel Rwanda Ltd will acquire 100% equity in Tigo Rwanda Ltd. Ola, operated by ANI Acquired food delivery start-up Foodpanda India Pvt. Ltd from its German parent Technologies Pvt. Ltd Delivery Hero AG Dish TV India Limited Received the final approval for closing of the merger of Videocon d2h with DishTV. Samsung India Tie-up with UNESCO for virtual reality content & 360-degree videos on Indian heritage. Maruti Suzuki Became India's sixth most valued firm, crossing SBI. is the country's most valued company firm in India. Paytm Bought an undisclosed stake in Urja Money Pvt. Ltd, which evaluates creditworthiness of people seeking loans to buy two-wheelers. Moody's Investors Service has upgraded the ratings of infrastructure Govt.-related issuers (GRIs) NTPC, NHPC, NHAI & GAIL to Baa2 in line with India's sovereign ratings. Walmart India Launched its first fulfilment centre in Mumbai. ONGC Got approval from the Department of Investment & Public Asset Management for acquiring the majority stake in HPCL. ONGC acquired 51.11% stake in HPCL. Tata Steel Established India‘s largest Coke Dry Quenching (CDQ) facility at Kalinganagar Industrial Complex in Jajpur district of Odisha. Reliance Communication Received the final approval on its merger with Sistema from the Department of Telecommunication (DoT). This merger will extend validity of RCom's spectrum portfolio in the highly valued 800 & 850 MHz band. Reliance Industries Ltd-RIL Became the first Indian company to cross Rs. 6 trillion market capitalization. Online travel solutions provider Cleartrip named the 'Best Mobile App for Travel & Leisure' at Mobexx Awards. Hindustan Petroleum become the first Oil Marketing Company (OMC) from India to mark its presence in the Corporation Limited-HPCL lubricant market in Myanmar. Honda Motorcycle & Raced past Bajaj Auto to become 2nd biggest bike seller in India during the first half of Scooter India (HMSI) the ongoing fiscal. Yatra Online Inc has tied up with OYO to bring the hospitality firm's inventory on its platform. Bharti Airtel Received Ghana‘s National Communications Authority‘s approval for the merger between Bharti Ghana (Airtel) & Millicom Ghana (Tigo), subject to certain conditions. Prasar Bharati Chairman A Launched an online application system for music auditions across all genres for the Surya Prakash All India Radio. Magicbricks Launched India's first online bidding platform for residential & commercial properties & tied-up with developer M3M for inaugural 'My Bid, My Home' under which consumers can bid for ready-to-move-in residential properties in Gurugram. Flipkart Launched MarQ, an in-house brand in the large appliances category. MarQ is an in- house brand of Flipkart, that sells large appliances. J Sagar Associates (JSA) is the first law firm to have opened an office at Gujarat International Finance Tec-City (GIFT). The office was inaugurated by Sudhir Mankad - Chairman of GIFT IFSC.

INTERNATIONAL COMPANIES Amazon Bought an Andover, Massachusetts-based company 'Blink' that makes Internet- connected doorbells & security cameras. Samsung Launched its 'Bill Payments' on its flagship payments service, Samsung Pay in partnership with Axis Bank. Tencent become the first Chinese company to be valued at more than $500 billion in Asia. 28 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Facebook Expects to train about five lakh people in India on digital skills by 2020 & unveiled two programmes which are Facebook Digital Training & Facebook Startup Training Hubs. Swedish Company IKEA Launched its first experiential centre 'IKEA Hej HOME' in Hyderabad Jet Airways & Air France- Come in partnership to route more traffic through Europe & on to North America. KLM Uber Technologies Inc. Approved SoftBank Group Corp.‘s offer to buy a multibillion-dollar stake in UBER. Amazon Web Services Teamed up to launch an open-source & deep learning interface 'Gluon' that will help (AWS) & Microsoft developers to deploy machine learning models across several platforms. Tech major SAP Launched the Asia Pacific Japan (APJ) region's first SAP Leonardo Center in Bengaluru. The first US crude oil cargo of 1(point) 6 million barrels bought by Indian Oil Corporation from the US reached Paradip Port, Odisha. Indian Oil, which became the first Indian public sector refiner to source US crude. Static Takeaways from Business Current Affairs ONGC: Oil & Natural Gas Corporation Limited| Shashi Shanker, Chairman & Managing Director Reliance Communication: Chairman: Anil Dhirubhai Ambani HPCL: Hindustan Petroleum Corporation Limited: M.K.Surana, Chairman & Managing Director Tencent: Founded in November, 1998, Tencent is a leading provider of Internet value added services in China. NSDC: National Skill Development Corporation | It aims to promote skill development by catalyzing creation of large, quality & for-profit vocational institutions. World Bank: President: Jim Yong Kim| CEO: Kristalina Georgieva| HQ: Washington, D.C., United States Britannia Industries: Nusli N Wadia, Chairman | Varun Berry, Managing Director Flipkart | Bengaluru | Kalyan Krishnamurthy (CEO) Indian Oil Corporation: Shri Sanjiv Singh, Chairman Oil & Natural Gas Corp Ltd | Shashi Shanker, Chairman & Managing Director Amazon | Washington, U.S. | Jeff Bezos (Chairman, President & CEO) Twitter | , California |Jack Dorsey (CEO) Samsung | Seoul, South Korea | Lee Kun-hee (Chairman) Netflix | California, United States | Reed Hastings (Chairman, CEO) Microsoft | Washington, U.S. | John W. Thompson (Chairman) | Satya Nadella (CEO) Google | California, U.S. | Sundar Pichai (CEO)

AGREEMENTS/MOU SIGNED

Between Whom MoU/Agreement Details Uttar Pradesh govt. with South Korea MoU to enhance cooperation in the field of tourism, skill development, culture & farming. India & the World Bank Signed USD 40 Million IBRD Credit agreement for ―U.P. Pro-Poor Tourism Development Project‖ India & Germany Signed Loan agreement for providing additional funding of EUR 20 million for Pare Hydroelectric Plant project, Arunachal Pradesh. Andhra Pradesh govt. with moonshot Agreement to bring Free Space Optical Communication (FSOC) factory of Alphabet X technology to provide internet through the govt. Fibergrid project. Skill Development Ministry & Maruti Suzuki signed an agreement to impart training to youth & enhance their employment potential. India & Myanmar MoU on Rakhine (Myanmar) State Devt. Programme & on Govt. to Govt. agreement on long-term socio-economic devt. of state. AIIB approved its first loan to China, its largest shareholder, to reduce its dependence on coal by over 600,000 tonnes annually by building a natural gas distribution network for villages. India & World bank USD 250 million Financing(Loan) Agreement for the ―Skills Acquisition & Knowledge Awareness for Livelihood Promotion (SANKALP) Project‖. India & Morocco MoU for enhanced cooperation in the health sector India & Singapore Agreement on enhancing naval cooperation India with World Bank Signed Loan Agreement for USD 100 Million for ―Shared Infrastructure for Solar Parks Project‖

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 India & Greece Signed Air Services Agreement (ASA) & MoU on Cooperation (MoC) in field of New & Renewable Energy. Delhi Govt. with Seoul Metropolitan Govt. Signed a twin city agreement for strengthening cooperation in the fields of e-governance, transportation, climate change & smart city. Nepal Electricity Authority with China Joint venture agreement to construct 750 MW West Seti Hydropower Three Gorges Corporation (CTGC) Project. CTGC will have 75% stake & NEA will have remaining 25%. National Skill Development Corporation (NSDC) & the Tourism & Hospitality Sector Skill Council (THSC) signed a tripartite an MoU with Airbnb to provide hospitality skills training to hospitality micro-entrepreneurs in India. Assam Govt. with Singapore Signed MoUs & Terms of Reference for skilling youth in Assam. Indiana, a State in the US, & Karnataka Signed an agreement to establish sister-state ties for cooperation in economic, educational & cultural fields. Goa govt. signed a trilateral MoU with Department of Bio-Technology, Ministry of Science & Technology, GoI & Nobel Media, to hold ‗Nobel Prize Series — India 2018 (Science Impacts Life)‘ to be held in Goa. Financing Agreement for IBRD loan of US$ 119 million for ―Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Project‖ signed with World Bank. Engineering Export Promotion Council To provide easy access to finance for SMEs & merchant exporters of (EEPC) of India with Punjab National Bank the council. PNB will provide finance with assurance that loans up to Rs. 10 crores would be provided within six to seven weeks. Asian Development Bank & the Govt. of Signed $300 million loan to continue a series of fiscal reforms in the India State of West Bengal to improve the quality of public service delivery. Govt. of India & the World Bank Signed $200 million Loan Agreement for Assam Agribusiness & Rural Transformation Project. It will be implemented in over 16 Districts of Assam. Odisha Govt.'s Directorate of Treasuries & MOU for integration of SBI e-Pay with cyber treasury. This will Inspection & SBI facilitate revenue collection from citizens through digital banking. India with Japan Memorandum of Co-operation (MoC) to send youngsters in Japan as technical interns for on-the-job training for a period of 3 to 5 years. India & Ethiopia Agreements on trade, communication & media to boost bilateral ties. President Ram Nath Kovind & Ethiopia President Mulatu Teshome. MobiKwik with IRCTC Rail connect app To allow customers book railway tickets using MobiKwik. India & European Investment Bank (EIB) Signed finance contract for lending of 300 million euros (about Rs 2,293 crore) for Bangalore Metro Rail Project phase-II. Countries|Capital|Currency Part 1 Singapore: Singapore dollar | Capital: Singapore Greece: Athens | Euro Ethiopia: Addis Ababa | Ethiopian birr Switzerland: Bern| Swiss franc Japan: Tokyo | Japanese yen Afghanistan: Kabul | Afghan afghani Norway: Oslo| Norwegian krone South Korea: Seoul | South Korean won Germany: Berlin | Euro Somalia: Mogadishu | Somali shilling Iran: Tehran | Iranian rial Sweden: | Swedish krona (SEK) Sri Lanka: Administrative Capital: Sri Jayewardenepura| Commercial Capital: Colombo | Rupee (SL) Bangladesh: Dhaka | Bangladeshi taka

NEW APPOINTMENTS: NATIONAL

Designation/Post Who is Appointed? Constitutional & Other Posts 1. New CM of Himachal Pradesh Jairam Thakur 2. Director General of National Cadet Corps B S Sahrawat 30 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 3. Ambassador of India to the Republic of Peru. Shri M. Subbarayudu 4. Director General of Narcotics Control Bureau (NCB) Senior IPS officer Abhay 5. CM of Gujarat Vijay Rupani 6. Deputy CM of Gujarat Nitin Patel 7. Officiating Chairperson, National Green Tribunal (NGT) Justice U D Salvi 8. National Green Tribunal Chairperson Justice Swatanter Kumar retired after completing his 5-year tenure. 9. Ambassador of India to Turkmenistan Shri Azar A.H. Khan 10. Govt. appointed former revenue secretary NK Singh as the Chairman of the 15th Finance Commission (FC). Other members are Shaktikanta Das, Anoop Singh, Ashok Lahiri, & Ramesh Chand. Chand & Lahiri are part time members. FC to submit its report by Oct. 30, 2019. 11. Private Secretary to President Ram Nath Kovind. Railway officer Vikram Singh 12. India‘s High commissioner to Pakistan. Ajay Bisaria 13. Karnataka‘s first woman Director General & Inspector Neelmani N. Raju General of Police. (replaced Rupak Kumar Dutta) 14. New Finance Secretary Hasmukh Adhia 15. Special director of the Central Bureau of Investigation-CBI Gujarat-cadre IPS officer Rakesh Asthana 16. Ambassador of India to Switzerland Sibi George (Replaced Smita Purushottam) 17. Additional Director General, CISF. Shri Alok Kumar Pateria 18. High Commissioner of India to Republic of Zambia N.J.Gangte 19. Vice Chief of Naval Staff (VCNS) Vice Admiral Ajit Kumar 20. India's new Ambassador to China Gautam Bambawale (Replaced Vijay Gokhale) 21. Member (Staff) Railway Board & ex officio Secretary to GOI D.K. Gayen 22. Member(Engr.) Railway Board & ex officio Secretary to GOI M K Gupta 23. Tamil Nadu Governor Banwarilal Purohit 24. High Commissioner of India to the Republic of Malta Rajesh Vaishnaw 25. Additional Director General of BSF Nasir Kamal 26. Ambassador of India to Ravi Bangar 27. Ambassador of India to the Principality of Liechtenstein Sibi George 28. Solicitor-General of India Ranjit Kumar, the second highest ranking law officer of the Govt., resigned 29. New Governor of Bihar Satya Pal Malik 30. New Governor of Tamil Nadu Banwarilal Purohit 31. New Governor of Assam Prof Jagdish Mukhi 32. New Lieutenant Governor of Andaman & Nicobar Admiral (Retd) Devendra Kumar Joshi 33. New Governor of Arunachal Pradesh Brigadier (Retd) BD Mishra 34. New Governor of Meghalaya Ganga Prasad 35. New Comptroller & Auditor General of India (CAG). Rajiv Mehrishi 36. New Election Commissioner Sunil Arora 37. India‘s ambassador to Pakistan Ajay Bisaria 38. Gautam Bambawale will head the Indian mission in China. CEO‘S/Chairman of Companies/Organizations/Banks/ Other Appointments 39. PETA's (People for Ethical Treatment of Animals) Person of the Year Actress Anushka Sharma 40. New Chairman, BARC India (Broadcast Audience Research Council) Nakul Chopra (Replaced Sudhanshu Vats) 41. New Director of National Institute of Nutrition, Hyderabad. R Hemalatha 42. President of Para-Sports Foundation (PSF), India. Sarvesh Kumar Tiwari 43. New Executive Director (ED) of RBI Uma Shankar 44. Chairman & Managing Director of Air India Pradeep Singh Kharola (Replaced Rajiv Bansal) 45. 16th President, (since Independence) 46. Secretary General, International Buddhist Confederation (IBC) Buddhist monk Dhammapiya from

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 47. CEO & MD, Infosys Salil S. Parekh 48. Chairman of Prasar Bharati Board Veteran journalist A Surya Prakash 49. President of the National Restaurant Association of India. Rahul Singh 50. CEO, Online food delivery start-up Swiggy Vishal Bhatia 51. MD & CEO of Aegon Life Insurance. Vineet Arora (replace K S Gopalakrishnan) 52. Filmmaker Sujoy Ghosh resigned as Head of jury of Indian Panorama, 48th International Film Festival of India. 53. Chairman of (BSE) Sethurathnam Ravi (replaced D. Swarup) 54. Executive Director of SEBI. Anand Rajeshwar Baiwar 55. CEO & MD of Tata Steel globally T V Narendran 56. Executive Director & Chief Financial Officer of Tata Steel Koushik Chatterjee 57. CFO, Paytm Payments Bank Sudhanshu Jain 58. CEO of Bharti AXA Life Insurance Vikas Seth 59. 1st Woman Senior Deputy Director General, Tamil Nadu, N Poonguzhali Telecom Enforcement Resource Monitoring (TERM) 60. MD & CEO of India Post Payments Bank (IPPB) Mr. Suresh Sethi (Replaced A.P. Singh) 61. CEO, Association of Mutual Funds in India (AMFI) NS Venkatesh 62. Laureus' first Brand Ambassador Indian Cricketer 63. Business Head of 'MobiKwik Payment Gateway' Rukaiya Rangwala 64. Director of FICCI‘s United Kingdom (UK) operations. Param Shah a 65. MD & CEO PNB MetLife India Insurance Company Ltd Ashish Srivastava 66. Vice-chairman of NITI Aayog Economist Rajiv Kumar (replaced ) 67. New Chairperson of CBSE Anita Karwal (replaced Rajesh Kumar Chaturvedi) 68. MD & CEO of Vijaya Bank R A Sankara Narayanan 69. MD & CEO of Tamilnad Mercantile Bank. KV Rama Moorthy (replaced HS Upendra Kamath) 70. CMD of United India Insurance Co. Ltd M. Nagaraja Sarma 71. Chairman & Managing Director of NMDC Ltd. N Baijendra Kumar 72. Chairman of Press Trust of India Viveck Goenka (Replaced Riyad Mathew) 73. Ashish Kashyap resigned as the President & Co-founder of MakeMyTrip. 74. President of Society of Indian Automobile Manufacturers Force Motors Chairman Abhay Firodia

NEW APPOINTMENTS: INTERNATIONAL

Designation/Post Who is Appointed? President/PM/Heads of Countries/Organizations 1. New President of Liberia George Weah (Replaced Ellen Johnson Sirleaf) 2. New President of Chile Sebastian Pinera (replaced Michelle Bachelet) 3. Kenya‘s President Uhuru Kenyatta (Second 5-year term) 4. Pakistan's law minister Zahid Hamid resigned. 5. India‘s nominee to International Court of Justice (ICJ) was re-elected to the fifth & the last seat of the world court. 6. UNAIDS Special Ambassador for Adolescents & HIV. AIDS researcher Quarraisha Abdool Karim 7. President of Zimbabwe Emmerson Mnangagwa (Replaced R. Mugabe) 8. 2nd Woman Director-General of UNESCO. Audrey Azoulay (succeeds Irina Bokova) 9. President of Slovenia Borut Pahor 10. New US Ambassador to India Kenneth Juster (Replaced Richard Verma) 11. PM of New Zealand (Youngest NZ PM in 150 yrs) Jacinda Ardern 12. 30th PM of Mongolia Ukhnaa Khurelsukh 13. 8th President of Singapore Halimah Yacob 14. Sri Lankan President Maithripala Sirisena has sacked his deputy Tourism Minister Arundika Fernando.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 15. Prime Minister of Peru Mercedes Araoz Fernandez 16. President of Peru Pedro Pablo Kuczynski 17. PM of Mr. Bjarni Benediktsson has resigned from the post. 18. Fourth term as chancellor in Germany Angela Merkel 19. ‘s New President Joao Lourenco Mayors/Member of Parliament/Envoy/Judges 20. Mayor of Yuba city in California Preet Didbal: 1st Sikh woman to hold position in USA) 21. Resigned as International Development Secretary Priti Patel, Britain‘s first Indian-origin Cabinet Minister 22. Bangladesh Chief Justice Surendra Kumar Sinha resigned. 23. Leader of Canada‘s New Democratic Party & became the 38-year-old Sikh lawyer Jagmeet Singh first non-white politician to head a major political party 24. Brenda Hale, the first female president of Supreme Court, & Sir Ian Burnett, the youngest lord chief justice for 50 years, sworn in at the opening of the legal year. 25. U.S ambassador to India. Kenneth I. Juster Other Appointments 26. UN Environment‘s Goodwill Ambassador for India. Former Miss Asia Pacific Dia Mirza 27. 'International Ambassador' who will be tasked with Noted Indian businessman Deepak Parekh championing the UK capital across the globe. 28. Global Goodwill Ambassador for UN Environment British singer-songwriter Ellie Goulding 29. UN Environment‘s Goodwill Ambassador for India. Former Miss Asia Pacific Dia Mirza 30. Global Goodwill Ambassador for UN Environment British singer-songwriter Ellie Goulding 31. President of 36th International Geological Congress Scientist Vijay Prasad Dimri (IGC) (replaced Shailesh Nayak) 32. Ambassador of World Packaging Organisation. Ecobliss India MD AVPS Chakravarthi 33. HSBC‘s Chief Executive Officer for India Jayant Rikhye (Replaced Stuart Milne) 34. Samsung Electronics Chief Executive resigned Kwon Oh-hyun 35. WHO‘s Deputy Director General for Programmes Soumya Swaminathan 36. WHO‘s Deputy Director General for Corporate Ms Jane Ellison Operations 37. Chief of Naval Staff of Pakistan Vice-Admiral Zafar Mahmood Abbasi 38. Chairperson of World Hindu Congress, -2018 Tulsi Gabbard

Static Takeaways from New Appointments WHO | 7 April 1948 | Geneva, Switzerland | Tedros CISF: Central Industrial Security Force| O.P. Singh, Adhanom, Director-General Director General |Existence in 1969 CAG: Shri Rajiv Mehrishi. He is primarily entrusted with Zambia: Lusaka | Zambian kwacha the responsibility to audit the accounts & related activities Republic of Malta: Valletta | Euro & Maltese scudo of the three tiers of Govt. – Federal, Provincial & Local. BSF: Border Security Force | December 1, 1965 | K K NITI Aayog: National Institution for Transforming India, Sharma, Directore General also called NITI Aayog, was formed via a resolution of the Equador: Quito | United States Dollar Union Cabinet on January 1, 2015. NITI Aayog is the Principality of Liechtenstein: Vaduz | Swiss franc premier policy ‗Think Tank‘ of the Govt. of India, SEBI: Shri Ajay Tyagi, Chairman, SEBI providing both directional & policy inputs. NHPC: Shri Balraj Joshi, Chairman & Managing Director Vice Chairperson: Dr. Rajiv Kumar b) Chief Executive SAARC | Kathmandu | 8 members | Secretary-General, Officer: Shri Amitabh Kant Amjad Hussain B. Sial | 1985 NHAI | National Highways Authority of India | Shri FICCI | Pankaj R. Patel, President | Established in 1927 Deepak Kumar, Chairman FICCI is the voice of India's business & industry. From Shripad Yasso Naik is the Minister of Ministry of AYUSH. influencing policy to encouraging debate, engaging with is the present CM of Uttarakhand. policy makers & civil society, FICCI articulates the views Krishna Kant Paul is the present Governor of & concerns of industry. Uttarakhand.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 BIMSTEC stands for ‗Bay of Bengal Initiative for Multi- Jethabhai P Patel is the chairman of Gujarat Cooperative Sectoral Technical & Economic Cooperation‘, includes Milk Marketing Federation (GCMMF). namely Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka & Thailand. AWARDS

Name of the Award Winner Awards for Literature/Journalism 1. Sahitya Akademi Award (English) Author for The Black Hill 2. Sahitya Akademi Award (Hindi) Author Ramesh Kuntal Megh for Vishw Mithak Sarit Sagar 3. 31st Moortidevi Award for the year 2017 Eminent Bengali poet Joy Goswami 4. Big Little Book Award for 2017 in "Author in Sahitya Akademi awardee Bengali writer Nabaneeta Dev Bengali Language" category for her contribution to Sen the children's literature. 5. Ezhuthachan Puraskaram 2017 Noted Malayalam Poet & literary critic, K Satchidanandan (Kerala govt.'s highest literary honour) 6. 53rd Jnanpith Award for the year 2017 Renowned Hindi litterateur Krishna Sobti 7. Mathrubhumi Literary Award for 2016 for rich Eminent critic, biographer & orator M K Sanu contribution to the Malayalam literature. 8. Padma Prabha Puraskaram for 2017 Eminent poet, lyricist & journalist Prabha Varma 9. 2017 Man Booker Prize US author George Saunders 10. Saraswati Samman 2016 Prominent Konkani writer Mahabaleshwar Sail for his novel 'Hawthan' Country‘s Highest Honour Given 11. Natalie Portman awarded Israel‘s 2018 Genesis Prize in recognition of her commitment to social causes & deep connection to her Jewish & Israeli roots. It is also known as ―the Jewish Nobel Prize,‖. 12. Nicaraguan author & former politician Sergio Ramirez Mercado won the 2017 Cervantes Prize. It is the Spanish- speaking world's highest literary honor. 13. President Kovind gave away the National award for senior citizens to Indian boxing coach Gurbax Singh Sandhu & Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics & Management for 2017 to Dr. Bindeshwar Pathak. 14. Rajesh Nath, MD of VDMA India, conferred ‗Cross of the Order of Merit‘, the highest civilian honour awarded to individuals for services to Germany. It is also known as Bundesverdienstkreuz or Federal Cross of Merit. Film/Music Awards 15. Veteran singer K S Chitra selected for prestigious 'Harivarasanam' Award 2017. 16. a) 48th International Film Festival of India concluded with the world premiere of Indo-Argentinian co- production "Thinking of Him", directed by Pablo Cesar. b) Amitabh Bachchan was honoured with the Indian film personality of the year Award . 17. Golden Peacock award for best film at 48th International Robin Campillo‘s French film 120 Beats Per Minute Film Festival of India 18. 'Best Short Film Award' at the South Asian Film Festival Indian short film ‗The School Bag‘. of Montreal (SAFFM) Directed by Dheeraj Jindal 19. Madhya Pradesh Govt.'s prestigious National Lata Alka Yagnik, , Usha Khanna, Bappi Mangeshkar Award. Lahiri & Anu Malik 20. Lifetime Achievement Award Veteran actor Other Awards Conferred 21. Prestigious National Design Award Satheesh Reddy, Scientific Adviser to Raksha Mantri & DG, Missiles & Strategic Systems 22. Golden Peacock Innovation Management Award 2017 Joda East Iron Mine (JEIM) of Tata Steel 23. Ballon d'Or Award 2017 Cristiano Ronaldo (Portugal) (5th time) 24. 'Yeraringan' Award Prof. M.S. Swaminathan 25. (in Poland) Miss Korea Jenny Kim

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 26. Mr. India Pageant 2017 Jitesh Singh Deo from Lucknow 27. Mr. India Supranational 2017 Indian footballer Prathamesh Maulingkar 28. International Children's Peace Prize 16-year-old Mohamad Al Jounde from Syria 29. Asian Boxing Confederation‘s best youth boxer for 2017 Sachin Siwach 30. 24-year-old model & Miss Korea Jenny Kim bagged the title of Miss Supranational 2017 held in Poland. 31. 16- year-old Mohamad Al Jounde from Syria awarded the International Children's Peace Prize for his efforts to ensure the rights of Syrian refugee children. 32. Ministry of Health & Family Welfare awarded Bronze Medal for its creative & informative display at the 37th India International Trade Fair 2017 being held at Pragati Maidan. 33. Veteran journalist Manik Banerjee presented with the 'Life Time Achievement Award' by the Indian Mountaineering Foundation (IMF). 34. ―Rashtriya Bal Kalyan Award 2017‖ was given to Super 30 founder Anand Kumar for his contributions in the field of teaching & education by President Kovind. 35. Awarded ‗Most visited place of the world‘ by ‗World The Golden Temple Book of Records‘ (WBR), London. 36. Miss World 2017 India's (From Haryana) 37. Miss Universe 2017 Demi-Leigh Nel-Peters 38. 3rd Indian Council for Cultural Relations(ICCR) Professor Hiroshi Marui of Japan Distinguished Indologist Award 39. Mother Teresa Memorial Award for Social Justice, 2017 UN High Commissioner for Refugees (UNHCR) 40. International award from Abu Dhabi in the category of Andhra Pradesh Mineral Development Corporation ―social contribution in country value.‖ (APMDC) 41. Indira Gandhi Prize for Peace, Disarmament & Former PM Manmohan Singh Development 42. Sri Ranganathaswamy Temple of Srirangam in Tamil Nadu won UNESCO Asia Pacific Award of Merit 2017 for the cultural heritage conservation program. 43. Royal Opera House awarded the UNESCO Asia-Pacific Award for Cultural Heritage Conservation. 44. Gitanjali Rao, an 11-year-old Indian-American schoolgirl, named as ―America‘s top young scientist‖ for inventing a cost-effective, quick lead-contamination detector in water. 45. Indian -origin South African researchers honored with prestigious award for their exceptional contributions in the field of HIV/AIDS. Professors Salim Abdool Karim & Quarraisha Abdool Karim received the award from the Institute for Human Virology (IHV) in Baltimore, US. 46. Confederation of Indian Industry (CII) Industrial L&T Technology Services Ltd (LTTS) Innovation Award, 2017. 47. Entrepreneur of the Year by ASSOCHAM Maya Swaminathan Sinha 48. Award from All India Council for Technical Education Entrepreneurship Development Institute of India (AICTE) for supporting start-ups (EDII) 49. Golden Peacock Award under the category 'Global Andhra Pradesh CM N Chandrababu Naidu Leadership in Public Service & Economic Transformation' 50. Gujarat International Finance Tec-City (GIFT City)'s International Financial Services Centre (IFSC) bagged the 10th spot in the latest edition of Global Financial Centres Index (GFCI), London. 51. Meenakshi Sundareswarar Temple has been adjudged best ‗Swachh Iconic Place‘ in India. 52. Journalist -activist Gauri Lankesh, who was shot dead by unknown assailants posthumously accorded with the prestigious Anna Politkovskaya Award, instituted by Reach All Women (RAW) in War. Padma Vibhushan: Ranking wise the second award is the Static Takeaways from Awards & Recognition Padma Vibhushan in the Indian Republic. It awarded people from various fields including Govt. service to International Gandhi Peace Prize: For contributions distinguish extraordinary service for the country. towards social, economic&political transformation through : The Padma Bhushan is the highest non-violence&other Gandhian methods. civilian award third in rank in the Indian Republic. Bharat Ratna: It is the premier civilian award, to serve the Padma Shri: It is awarded to citizens of India for their nation. distinguished contribution in several fields including 35 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Education, Literature, Arts, Science, Industry, Social Param Vir Chakra: Highest decoration Awarded for the Service, Medicine, Sports&Public Affairs. most conspicuous bravery or some daring or prominent act Dronacharya Award: For brilliance in sports coaching. of valour or self-sacrifice in the presence of the enemy on Dhyan Chand Award: Highest lifetime achievement award land, sea or air. in sports&games in India Maha Vir Chakra: Second highest decoration. It is awarded Rajiv Gandhi Khel Ratna: Highest honor given for for acts of conspicuous gallantry in the presence of the accomplishment in sports. enemy, whether on land, at sea or in the air. Vyas Samman: For literary in the Hindi language. Vir Chakra: It is the third in the order of awards for acts of Saraswati Samman: For outstanding prose or poetry gallantry in the face of the enemy on land, sea or air. literary works in any Indian language listed in Schedule Ashok Chakra: Awarded for the most conspicuous bravery VIII of the Constitution of India. or some daring act of valour or self-sacrifice on land, at sea or in the air. Prize Field Academy (Oscar) Awards Film (From 1929) Grammy Award Music (From 1958) Ramon Magasaysay Award Govt. (Public) Service, Social Service, Journalism, Literature, Communication&International Understanding (From 1957) Bourlog Award Agriculture (From 1992) Awards Related Fields Grammy Music Pulitzer Journalism&Literature Arjun Sports Bowelay Agriculture Kalinga Science Dhanwantri Medical Science Bhatnagar Science Nobel Prize Peace, Literature, Economics, Physics, Chemistry, Medical Science Abel Maths Merlin Magic Man Booker Literature Vachspati Samman Literature

CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)

Name of the Summit Location/Held in SUMMITS HELD NATIONALLY 1. 7th India International Coffee Festival (IICF) to be held in Bengaluru 2. International Coffee Organization‘s World Coffee Conference 2020 Bengaluru, India 3. 78th session of the Indian History Congress Kolkata, West Bengal 4. 1st International Conference on Sports Medicine & Sports Sciences SAICON 2017 New Delhi Note: Inaugurated by MoS (I/C) Youth Affairs & Sports Col. Rajyavardhan Rathore. 5. International Conference on Groundwater issues in India held in New Delhi Theme: Groundwater Vision 2030- Water Security, Challenges, & Climate Change Adaptation 6. 100th Annual Conference of Indian Economic Association held at Acharya Nagarjuna University in Guntur of Andhra Pradesh. President inaugurated it. 7. New Delhi to host the Asean-India Connectivity Summit (AICS) on the theme "Powering Digital & Physical Linkages for Asia in the 21st Century". 8. India to host a meeting of WTO member countries in Feb-2018 to muster support for food security & other issues. 9. UN Women in collaboration with Facebook inaugurated event in Mumbai titled 'We the Women' to empower & recognise the magnificent contribution of women in our society. 10. ‗Bodhi Parva: BIMSTEC Festival of Buddhist Heritage‘ New Delhi 11. Trilateral meeting of Foreign Ministers of Russia, India, & China (RIC) held in New Delhi

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 12. 3rd Annual Meet of Board of Governors of AIIB for 2018 Mumbai, India Theme: ―Mobilizing Finance for Infrastructure: Innovation & Collaboration‖. 13. 14th Inclusive Finance India Summit held in New Delhi 14. 4th India-Australia-Japan Trilateral Dialogue held in New Delhi 15. Shared Value Summit 2017 with the theme ―Equity & Empowerment‖ held in New Delhi (Minister of Industry & Commerce, Suresh Prabhu was the chief guest) 16. 15th Finance Commission first meeting under the Chairmanship of Shri N.K. New Delhi Singh & other members held in 17. 1st International exhibition & Conference on AYUSH & Wellness sector- New Delhi AROGYA 2017 with the theme 'Enhancing the global potential of Ayush' held in 18. 6th International Tourism Mart-2017 Guwahati, Assam 19. VP M Venkaiah Naidu inaugurated 12th Annual convention of central information commission in New Delhi. 20. Shared Value Summit 2017 with the theme ―Equity & Empowerment‖ held in New Delhi (Minister of Industry & Commerce, Suresh Prabhu was the chief guest) 21. VP M Venkaiah Naidu inaugurated 12th Annual convention of central information commission in New Delhi. 22. a) First South-Asian edition of the Global Entrepreneurship Summit (GES), organised by NITI Aayog in partnership with Govt. of USA held in Hyderabad, Telangana. b) U.S. President Trump‘s Adviser & daughter Ivanka Trump lead the US delegation. c) The theme of the Summit was "Women First, Prosperity for All". 23. 5th Global Conference on Cyber Space inaugurated by PM Modi held in New Delhi 24. 12th meeting of Standing Committee of Inter-State Council (ISC) held in New Delhi (It was chaired by Union Home Minister Shri Rajnath Singh) 25. Korea festival showcasing Korea's rich art, culture & heritage inaugurated at Ambience Mall, Haryana 26. 1st edition of International Symposium to Promote Innovation & Research in Energy Jaipur, Rajasthan Efficiency (INSPIRE 2017) held in 27. Nordic -Baltic embassies will host the first ever youth film festival of the European nations in Delhi. 28. ‗India Disaster Response Summit‘ held in New Delhi 29. Ministry of Women & Child Development celebrated the Child Rights Week by hosting ‗Hausala 2017‘ festival. The nation celebrates Children‘s Day on 14 Nov. & International Child Rights Day on 20 Nov. 30. 6th China-India Forum Meet inaugurated by Karnataka CM Siddaramaiah. in Bengaluru Jointly hosted by Govt. of China, Chinese People‘s Association for Friendship with Foreign Countries (CPAFFC), China-India Friendship Association (CIFA), & Podar Enterprise. 31. 21st World Congress of Mental Health New Delhi 32. 37th India International Trade Fair (IITF) at Pragati Maidan in New Delhi. Organised by India Trade Promotion Organisation (ITPO). The theme was ―Startup India Standup India‖. Vietnam was Partner Country|Kyrgyzstan was Focus Country|Jharkhand was Partner State. 33. 34th Annual conference of Asian Bankers Association (ABA) with the theme 'Asia's Mumbai turn to transform' to be held in 34. 15 th Asia Pacific Computer Emergency Response Team (APCERT) Conference with In New Delhi the theme "Building Trust in the Digital Economy" held in 35. India‘s first Tribal Entrepreneurship Summit jointly organized by NITI Aayog & Dantewada, Chhattisgarh govt. of USA held in 36. Three-day AP AgTech Summit-2017 held in Visakhapatnam 37. ―12th North-East Business Summit‖ to explore the scope for business opportunities In New Delhi in the North-Eastern region of India. 38. Ninth edition of CMS Vatavaran - an international film festival on environment & New Delhi. wildlife with the theme Conservation 4 Water" held in

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 39. World Food India 2017 food Event held in New Delhi 40. PM Modi inaugurated a global conference on consumer protection in New Delhi (Note: Twenty-two countries participated in the international conference) 41. 3rd Global Investors‘ India Forum with the theme 'Ideate, Innovate, Implement & New Delhi. Invest in India‘ held in 42. a) India will host the next United Nations (UN) global wildlife conference in 2020. b) India will host the next CMS Conference of the Parties CMSCOP13. CMSCOP12 plenary held in Manila, Philippines with the theme ‗Their Future is Our Future - Sustainable Development for Wildlife & People‘. 43. The 2017 Global Entrepreneurship Summit will be held in. Hyderabad, India Note: Theme is ―Women First, Prosperity for All‖. 44. Archaeological Survey of India (ASI), Ministry of Culture is hosting international Delhi, Gandhinagar & conference on ―Dialogue of Civilizations – IV‖ Dholavira 45. The first ever ASEAN-India music festival held at Purana Quila in New Delhi Note: Theme is ‗Shared Values, Common Destiny‘. 46. First Meeting of India-Australia Joint Steering Committee held in New Delhi SUMMITS HELD INTERNATIONALLY 47. 2nd UN World Tourism Organization/UNESCO World Conference on Tourism & Culture held in Muscat, Oman. Note: MoS for Culture (IC) & Environment, Forest & Climate Change, Dr. Mahesh Sharma led Indian delegation 48. International Conference on Climate Change, 'Resilient Hindu Kush Himalaya: Nepal Developing Solutions towards a Sustainable Future for Asia' inaugurated by Nepal President Bidya Devi Bhandari held in 49. 3rd Dialogue b/w NITI Aayog & Development Research Council of China, co Beijing chaired by VC Dr. Rajiv Kumar, & Mr Li Wei, President (Minister), DRC held in 50. Asia -Pacific Economic Cooperation (APEC) Economic Leaders‘ Meeting 2017 with Da Nang, Vietnam the theme ‗Creating New Dynamism, Fostering a Shared Future‘ held in Note: APEC summit 2018 to be held in Papua New Guinea. 51. 10th South Asia Economic Summit (SAES) with the theme ―Deepening Economic Kathmandu, Nepal Integration for Inclusive & Sustainable Development in South Asia‖. 52. 31st ASEAN (Association of Southeast Asian Nations) Summit with the theme Manila, Philippines. "Partnering for Change, Engaging the World" held in Note: Philippine President Rodrigo Duterte chaired the summit. 53. A Curtain Raiser Event for the Founding Ceremony of the International Solar Bonn, Germany Alliance (ISA) was held in 54. 2017 UN Peacekeeping Defence Ministerial Conference held in , Canada 55. IV Global Conference on the Sustained Eradication of Child Labour Buenos Aires(Argentina) 56. WHO Global Ministerial Conference ―Ending TB in the Sustainable Development Moscow, Russia Era: A Multisectoral Response‖ held in 57. a) IEF 7th Asian Ministerial Energy Roundtable (AMER7) held in Bangkok, Thailand. b) India is the current chair of International Energy Forum (IEF). c) Shri Dharmendra Pradhan participated in the event. 58. 2nd World Congress on Marxism to be held at Peking University in Note: Theme is "Marxism & the Current World & China". Beijing, China 59. Union Minister for Finance Arun Jaitley participated in G-20 Finance Ministers & Central Bank Governors (FMCBG) Meeting in Washington D.C. 60. 8th Association of SAARC Speakers & Parliamentarians (ASSP) held in Colombo, Sri Lanka Note: Theme was ‗Association of the SAARC Speakers & Parliamentarians‘: a platform for the Parliamentarians of South Asia to work together to reach the 2030 agenda for Sustainable Development 61. World Govt. Summit announced that India is a guest country in its upcoming gathering. 38 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Note: World Govt. Summit- HQ: Dubai, UAE & Chairman: Mohamed bin Abdullah Al Gergawi. 62. 13th Meeting of Inter-Govt.al Commission (IGC) with Kazakhstan. Astana, Kazakhstan 63. 9th BRICS Summit held in Xiamen, China. The theme was "Stronger Partnership for a better future". 64. 7th ASEM (Asia–Europe Meeting) Economic Ministers‘ Meeting Seoul, South Korea Theme: ‗Innovative Partnership for Inclusive Prosperity‘

COMMITTEES IN NEWS

Purpose for which Committee is formed Headed by 1. High -level committee set upby the Govt. to address the problem of stressed Headed by NITI Aayog chief assets in India's power sector. executive Amitabh Kant 2. 7-member committee formed by Union Environment Ministry to formulate Environment Secretary C.K. measures to solve the problem of air pollution in Delhi-NCR region. Mishra 3. Govt. set up a ministerial panel to consider & oversee mergers among the FM Arun Jaitley country‘s 21 state-run banks. 4. Govt. constituted task force for redrafting the 50-year old income tax law in Arbind Modi, CBDT Member sync with the economic needs of the country. (Legislation) as the Convener 5. Panel formed by RBI for hedging commodities in global markets Chandan Sinha 6. Economic Advisory Council to PM (EAC-PM) held its first meeting in New EAC-PM is chaired by Dr. Bibey Delhi to deliberate upon & lay out a roadmap to give a leg up to the Indian Debroy economy in the short term. 7. Inter -State Council (investigates & advises on disputes between states) has PM Modi is the Chairman been reconstituted 8. Committee formed for the review of the laws governing Goods & Services M Vinod Kumar Tax (GST). 9. Panel for by the Govt. to study merger of District Central Cooperative Yashwant Thorat Banks (DCCBs) with Maharashtra State Cooperative (MSC) Bank 10. G roup of ministers (GoM) on making the GST composition scheme more Assam Finance Minister Himanta attractive held its first meeting in New Delhi. Biswa Sarma The 5-member GoM, led by: 11. 5-member committee formed to select the candidate for the post of editor- Prasar Bharati Chairman A Surya in-chief of Rajya Sabha TV (RSTV). Prakash 12. President Kovind appointed a five-member Committee to examine sub- Headed by Delhi High Court's categorization of OBCs under Article 340 of the Constitution. former Chief Justice G Rohini 13. Govt.'s Committee on Haj Policy has recommended phasing out of subsidy Headed by Afzal Amanullah for Haj pilgrims & allowing women devotees above 45 years of age to travel in a group of at least four without a male 14. Centre has set up a high-level committee for proper management of water NITI Aayog Vice Chairman Rajiv resources in the North-Eastern region to be head by Kumar

NATIONAL CURRENT AFFAIRS

INDIA & WORLD consultancy‘s 2018 World Economic League Table. The PM Modi stated that Republic Day celebration in 2018 Top 3 Economies of the world as per World Economic would be "remembered through the ages" because the Forum are- USA, China, & Japan. govt. for the first time in India's history would host Govt. of India, Govt. of Tamil Nadu & the World leaders of 10 ASEAN countries as chief guests on 26th Bank signed a $318 million loan agreement for the Tamil January 2018. Nadu Irrigated Agriculture Modernization Project to India is set to jump Britain & France in 2018 to become promote climate resilient agriculture technologies, the world‘s fifth-largest economy in dollar terms, as the improve water management practices, & increase market Centre for Economics & Business Research (CEBR) opportunities for small & marginal farmers. 39 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 World Bank committed $125 million (around Rs. 800 commitment to combating terrorism in all its forms & crores) loan to India for STRIVE project for skill manifestations. development. India & Tunisia agreed to jointly combat terrorism & External Affairs Minister Sushma Swaraj & extremism while ramping up cooperation in the field of her Jordanian counterpart Ayman Al Safadi held a security. This was signed at the 12th India- Tunisia Joint bilateral meeting in New Delhi & discussed deepening Commission Meeting. bilateral ties across multiple sectors. India pledged an additional amount of USD 100 million In a move aimed at combating black money stashed towards the UN partnership fund, scaling up its support abroad, India signed an agreement with Switzerland that to sustainable development projects across the developing would allow automatic sharing of tax-related world. information. ADB & GOI signed a $65.5 million loan agreement in India re-elected to the Council of the International New Delhi to continue interventions to check coastal Maritime Organisation under Category B. Indian High erosion on the Western Coast in Karnataka. Commissioner to the UK Y K Sinha represented India at To strengthen maritime security, India & United States the assembly. agreed to implement the program for Helicopter Govt. to Govt. Umbrella Agreement between India & Operations from Ships Other Than Aircraft Carriers Germany concerning Financial Cooperation in 2016 (II) (HOSTAC). signed to formalize an amount up to Euro 200 million German Railways will assist Indian Railways to make for Financial Cooperation in form of loan for the project country's existing rail corridors semi-high speed. The ‗Climate Friendly Urban Mobility III‘ & Euro 11 semi high-speed trains will run at 200 km per hour. million accompanying measures in form of grant for India opened two immigration check posts along the four projects. borders with Myanmar & Bangladesh. Zorinpui land India & Cuba signed MoU for enhanced cooperation in check post in Lawngtlai district of Mizoram for the health sector. Myanmar & Kawrpuichhuah land check post in Lunglei Union Agriculture & Farmers Welfare Minister, Shri district of Mizoram for Bangladesh. Radha Mohan Singh with H.E Maurizio Martina, Italian Bangladesh signed a $4.5 billion third line of credit Minister for Agriculture Food & Forestry Policies have (LoC) agreement with India for its infrastructure & social signed a new MoU for cooperation in Agriculture & sector development. Phytosanitary issues. The Govt. of India will assist Mauritius to develop & set up digital locker services, on the sidelines of Global Conference on Cyber Space 2017. Russia will assist India to set up a national crisis management centre in the country to handle disaster & other emergency situations. PM Modi & his Bangladeshi counterpart Sheikh Hasina jointly inaugurated the long-awaited direct train-service between Kolkata & Khulna. The new train service is called Bandhan Express. Govt. notified the third protocol between India & New Zealand for avoidance of double taxation & prevention of fiscal evasion with respect to taxes on income. India re-elected as the member of the UNESCO‘s executive board. The election held at the 39th session of the General Conference of the UNESCO in Paris, France. OTHER NATIONAL CURRENT AFFAIRS Four agreements were signed by India & Philippines in PM Modi will become the first PM in 20 years to areas including Defence Cooperation & Logistics, attend the World Economic Forum‘s (WEF) annual agriculture, Micro, Medium & Small Enterprises-MSME & celebration of the global elite. The meeting will be held forging closer relations between the Indian Council of in Davos town of Switzerland. World Affairs & the Philippines Foreign Service Institute. India is all set to get its first runway on a ‗sea bridge‘, India, the United States, Japan & Australia held their as the Airports Authority of India (AAI) has been given first official-level talks in Manila, Philippines with a a nod to extend Lakshadweep‘s Agatti Airport. focus on keeping the India-Pacific region "free & open". Lok Sabha passed the Muslim Women (Protection of India & France agreed to deepen security cooperation, Rights on Marriages) Bill 2017 making instant triple bilaterally & in the multilateral fora, & strengthen strong 40 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 talaq illegal with up to three years in jail for the India Pavilion at Conference of Parties (COP) 23 husband. inaugurated by Union Minister of Environment, Forest & India's first & only design university, 'World Climate Change, Dr. Harsh Vardhan at Bonn in Germany. University of Design' opened its campus at Sonipat, The 23rd United Nations Framework Convention on Haryana. Climate Change (UNFCCC) held at the Bonn, Germany. Elite export control regime Wassenaar Arrangement India‘s theme for COP 23 is ―Conserving Now, Preserving (WA) decided to admit India as its new member. Future‖. India declared free from infectious Trachoma which is Union Home Minister Rajnath Singh along with Minister of a contagious bacterial infection of the eye. It causes Petroleum & Natural Gas & Skill Development & inflamed granulation on the inner surface of the lids. Entrepreneurship Dharmendra Pradhan inaugurated Half a billion people have gained access to electricity India's first Pradhan Mantri Kaushal Kendra (PMKK) for in India since 2000, almost doubling the country‘s Skilling in Smart Cities, in collaboration with New Delhi electrification rate, as per the World Energy Access Municipal Council. report released by the International Energy Agency Union Home Minister Rajnath Singh announced that (IEA). former Director IB Dineshwar Sharma was handpicked PM Modi inaugurated the BR Ambedkar International by the Ministry of Home Affairs (MHA) to hold a Centre in New Delhi. He also unveiled two statues of dialogue with stakeholders of Jammu & Kashmir. A the Dalit icon at the center in Janpath. sustained dialogue will be initiated with all shades of Union Cabinet chaired by PM Modi has approved opinion in Kashmir . setting up of National Nutrition Mission (NNM) with Union Cabinet approved the biggest ever highway a 3-year budget of Rs.9046.17 crore commencing from project to develop & expand approximately 83,000 km 2017-18. of roads at an investment of Rs 6.9 lakh crore by 2022. Combining the production of all types of fisheries The project also includes the new 28,400 km Bharatmala (capture & culture), the total fish production has reached highway program connecting border areas, improving at about 11.41 million tonnes in 2016-17 & India has international, port & coastal connectivity. become the second largest fish producing country in India overtakes the US to become the world‘s second- the world. largest smartphone market, trailing only China, as per Union Cabinet chaired by PM Modi has approved India's Canalys. Membership for European Bank for Reconstruction & Union Cabinet approved over Rs 7,000 crore for Development (EBRD). construction of permanent campuses of six new IITs Minister of Women & Child Development, Smt Maneka across the country. Each of the permanent campuses to Gandhi launched an intensive training program for be established at Tirupati (Andhra Pradesh), Palakkad Elected Women Representatives (EWRs) of Panchayati Raj (Kerala), Dharwad (Karnataka), Jammu (Jammu & Institutions & Master Trainers, in New Delhi. Kashmir), Bhilai (Chhattisgarh) & Goa will have a Govt. embarked upon a major policy initiative for the facility for housing 1,200 students from the academic rapid transformation of 115 backward districts across the year 2020-2021. country by 2022. Senior level Govt. officials, at the rank of PM Modi dedicated the Bidar - Kalaburagi New Additional Secretary & Joint Secretary, have been Railway Line to the Nation by unveiling a plaque at nominated as ‗Prabhari‘ officers for each district. A Bidar Railway Station, in Karnataka. detailed briefing of these officials was held under the PM Modi inaugurated the first ever All India Institute chairmanship of Cabinet Secretary P.K. Sinha. of Ayurveda (AIIA) in New Delhi, on 2nd Ayurveda Union Home Ministry formed two new divisions to Day. exclusively deal with emerging security challenges such Foundation stone for the first ever Industrial Training as radicalization & cyber crime. The two divisions called Institute for the Divyangans exclusively was laid at Counter-Terrorism & Counter-Radicalization (CTCR) & Dibrugarh ITI Complex at Borboruah, Dibrugarh by the Cyber & Information Security (CIS). Assam CM Sarbananda Sonowal. India topped the list of seven countries, accounting for 64% PM Modi laid the foundation stone for Bhadbhut of 10.4 million new tuberculosis (TB) cases worldwide in Barrage to be built over in Bharuch 2016, as per report by the World Health Organisation. An Gujarat. He also flagged off the Antyodaya Express estimated 1.7 million people died from TB in 2016. between Udhna in Surat & Jaynagar in Bihar. SC ruled that technical education cannot be provided PM Modi laid the foundation stone of a four-lane cable- through correspondence courses. The Apex Court stayed bridge between Okha & Beyt Dwarka. The restrained educational institutions from providing courses bridge is a link between old & new Dwarka. The 2.32 in technical education like engineering. km bridge, including 900 metres of central double span

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 cable-stayed portion, will be constructed at a cost of Rs. The nation pays homage to former PM Lal Bahadur 962.43 crores. Shastri on his birth anniversary on 02nd October 2017. The nation pays homage to Father of the Nation, Lal Bahadur Shastri was born on 02nd October 1901 at Mahatma Gandhi on his 148th birth anniversary on Mughalsarai in Uttar Pradesh. He led the country during 02nd October 2017. His autobiography was "My the Indo-Pakistan War of 1965 & gave the slogan - "Jai experiments with Truth". Jawan Jai Kisan".

INTERNATIONAL CURRENT AFFAIRS Prince Harry has been named the president of African IMF approved a new USD 88 billion credit line for Parks, a conservation group that manages a dozen wildlife Mexico which will boosts Mexico‘s ability to immediately areas across the continent. deal with a potential need for liquidity. US President Trump signed into law a sweeping Raj Shah who holds a key position in the White House, overhaul of the US tax code. Congress passed the 1.5 gaggled with reporters on board US Presidential trillion dollars overhaul, set to impact every corner of the chopper Air Force One, becoming the first Indian- economy through dramatic tax cuts for corporations & American to enjoy the privilege. temporary reductions for individuals. The first phase of Chabahar port inaugurated by Iranian World‘s longest glass bridge has been opened in China President Hassan Rouhani. The port, located in Iran‘s for the public. Located in Shijiazhuang, the magnificent southeastern Sistan-Baluchestan Province. bridge lies 218 meters above hanging between the two ADB Board of Directors has approved debt financing & cliffs in Hongyagu Scenic Area in Pingshan county. partial risk guarantees totaling $583 million to develop The world's largest human genome research project of the Reliance Bangladesh Liquefied Natural Gas (LNG) & 100,000 people was launched by China to document their Power Project. genetic makeup for a study that aims to help generate the US Supreme Court allowed President Donald Trump‘s precision medicines of the future. travel ban to take full effect pending appeal, for people World Health Organisation has declared Gabon a "polio- coming from six Muslim-majority countries. As a result of free country", given the lack of new reported or suspected the SC's ruling, Trump's travel ban, which restricts travel cases in the central African country. to the US by people from Iran, Libya, Syria, Yemen, France's parliament approved a law banning all Somalia & Chad without bona fide connections to the exploration & production of oil & natural gas by 2040 US, can take full effect while legal challenges proceed. within the country & its overseas territories. Australia‘s parliament legislated for marriage equality, Washington resident Shree Saini has been crowned Miss passing a bill almost unanimously to allow two people, India USA 2017. regardless of sex, to marry. Australia becomes the 25th Iraq has overtaken Saudi Arabia for the first time to country to recognize same-sex marriage. become India's top crude oil supplier in the current fiscal, IMF approved a new USD 88 billion credit line for according to the Oil Minister Dharmendra Pradhan. Mexico which will boosts Mexico‘s ability to immediately President of USA Donald Trump announced that the US deal with a potential need for liquidity. now recognizes Jerusalem as Israel's capital, overturning Raj Shah who holds a key position in the White House, decades of official US policy. gaggled with reporters on board US Presidential China Three Gorges New Energy Co. is building a 1 chopper Air Force One, becoming the first Indian- billion yuan ($151 million) floating solar power plant, American to enjoy the privilege. the world‘s biggest, in Anhui. US President Donald Trump & Russian President Mount Hope, in the British Atlantic Territory, recently Vladimir Putin agreed to support the U.N. effort to re-measured & found to be 377 metres taller & thus "peacefully resolve" the nearly seven-year-long Syrian Becomes UK's New Highest Mountain. civil war. Saudi Arabia will have its first public cinemas in more Robert Mugabe resigned as President of Zimbabwe with than 35 years after the govt. announced the lifting of the immediate effect after 37 years in power. ban on movie theatres. Scientists developed the world‘s first artificial Google announced that it will open a research lab focused intelligence politician. The virtual politician, called on Artificial Intelligence (AI) in Beijing, China. It will be SAM, was created by Nick Gerritsen, a 49-year-old its first such center in Asia. entrepreneur in New Zealand. Norway became the world's first country to shut down Myanmar's de facto leader Aung San Suu Kyi stripped national broadcasts of its FM network by completing its of the Freedom of Oxford award over her "inaction" in transition to digital radio. handling the raging Rohingya refugee crisis & turning a

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 "blind eye to violence" in the country that forced over Kevin Lilliana of Indonesia was crowned Miss 600,000 people to flee to Bangladesh. International 2017 by Verzosa in Tokyo. European Union Election Observation Mission officially Bangladesh signed long-term sales & purchase launched to monitor the general & provincial polls in agreement with an Indian refiner to import gas oil to meet Nepal which are scheduled for November 26 & the country‘s energy demand. December 7. Nicaragua signed the Paris Agreement on climate Saudi Arabian Govt. approved the practice of yoga as a change, leaving the United States & Syria as the only two sports activity, claimed a social media post of Nouf countries holing out to sign this global climate pact. The Marwaai, founder of the Arab Yoga Foundation in the President of Nicaragua is Daniel Ortega. Saudi kingdom. Saudi Arabia become the first country to give a robot China launched world's first all-electric ship that can citizenship. The move is an attempt to promote Saudi travel up to 80 km with 2000-tonnes cargo after a two- Arabia as a place to develop artificial intelligence and, hour charge. presumably, allow it to become a full citizen. The Robot is As per UN report, Syria has officially signed up to the named as 'Sophia'. Paris Agreement, leaving the United States as the only Burundi became the first nation ever to leave the country to reject the global climate-rescue pact. Syria International Criminal Court (ICC), set up 15 years ago to became 169th of 196 countries that are members of the prosecute those behind the world‘s worst atrocities. UN climate convention. The world‘s first hybrid electric tram powered by Food & Drug Administration approved the first drug in hydrogen fuel cells has started running in China. the United States with a digital ingestion tracking Turki Al-Asheikh, Chairman of the General Sports system, in an unprecedented move to ensure that patients Authority of Saudi Arabia announced that Saudi with mental illness take the medicine prescribed for them. women will now be able to attend sports events in China unveiled Asia's largest artificial island-building stadiums starting from 2018. ship. The 140-metre-long vessel has been dubbed as US & Israel announced their withdrawal from the UN‘s "magic island maker". The boat named Tian Kun Hao is cultural agency UNESCO after Washington accused it of equivalent of three standard swimming pools. anti-Israeli bias. As per the govt. of Kazakhstan, the name of this Central South Pacific island nation of Vanuatu become host to Asian Country will change to Qazaqstan by 2025. the world‘s first Govt. to accept bitcoin in exchange for Lebanese PM Saad al-Hariri resigned from his post. citizenship. The Govt. has directed that investigations in cases of In the United States, hurricane Nate made landfall near Paradise Papers will be monitored through a the mouth of the Mississippi River in Louisiana. reconstituted Multi Agency Group, headed by the China marked 68th National Day on 01st Oct. 2017 Chairman, CBDT Sushil Chandra. with more than 115,000 people from across the country gathering at the Tian'anmen Square to watch the raising of the National Flag in Beijing.

Countries | Capital | Currency Part 2 International Maritime Organization: HQ: London, Chad: N'Djamena | Central African CFA franc UK| Head: Kitack Lim Vietnam: Hanoi | Vietnamese dong UNESCO: United Nations Educational, Scientific & Kazakhstan: Astana | Kazakhstani tenge Cultural Organization| HQ: Paris, France Lebanese: Beirut | Lebanese pound Cuba: Havana | Cuban convertible peso, Cuban peso Indonesai: Jakarta | Indonesian rupiah Italy: Rome | Euro Nicargua: Managua | Nicaraguan córdoba Mauritius: Port Louis | Mauritian rupee Burundi: Bujumbura | Burundian franc Phillipines: Manila | Philippine peso Cyprus: Nicosia |Euro, Cypriot pound France: Paris | Euro, CFP franc San Marino: San Marino |Euro Tunisia: Tunis | Tunisian dinar Kazakhstan: Astana |Kazakhstani tenge Myanmar: Naypyidaw | Burmese kyat Indonesia: Jakarta |Indonesian rupiah Belarus: Minsk | Belarusian ruble Peru: Lima |Sol Iran: Tehran | Iranian rial Iceland: Reykjavik |Icelandic króna Libya: Tripoli | Libyan dinar Germany: Berlin. Syria: Damascus | Syrian pound Angola: |Angolan kwanza Yemen: Sana'a | Yemeni rial Pakistan: Islamabad |Pakistani rupee Somalia: Mogadishu | Somali shilling : |Serbian dinar

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Mongolia: Ulaanbaatar |Mongolian tögrög Vietnam: Hanoi | Vietnamese dong Nepal: Kathmandu |Nepalese rupee Philippines: Manila |Philippine peso Papua New Guinea: Port Moresby |Papua New Iraq: Baghdad |Iraqi dinar Guinean kina Norway: Oslo | Norwegian krone Russia: Moscow |Russian ruble Saudi Arabia: Riyadh |Saudi riyal Australia: Canberra |Australian dollar Kenya: Nairobi |Kenyan shilling Belarus: Minsk |Belarusian ruble Malta: Valletta | Euro Myanmar: Naypyidaw | Burmese kyat : Sucre | Bolivian bolivian : | Uzbekistani soʻm China: Beijing | Renminbi

CURRENT AFFAIRS RELATED TO STATES IN INDIA

NORTHERN STATES Oil minister Dharmendra Pradhan inaugurated eastern Senior BJP leader took oath as the 6th India‘s first compressed natural gas (CNG) stations for CM of Himachal Pradesh. He has replaced Virbhadra scooters in Bhubaneswar, Odisha. Singh. Nagaland is all set to celebrate the 54th Statehood Day & UP's Shamli district included in the National Capital the 18th Hornbill festival 2017 at Naga Heritage Village, Region (NCR), taking the total number of districts in the Kisama. NCR to 23. Bihar Cabinet approved reservations for persons with Uttar Pradesh becomes the first state to endorse the disabilities in Govt. jobs & educational institutions. The Centre's draft bill that makes instant triple talaq a cabinet gave its approval during a meeting presided by cognizable & non-bailable offense. As per the draft law, CM . its three years' imprisonment & a fine to a Muslim man trying to divorce his wife by uttering "talaq" three times. The world's biggest toilet pot model unveiled at Marora, popularly known as "Trump village", in Haryana on World Toilet Day (19 November) in a bid to create awareness towards sanitation & use of toilets. Haryana govt. signed initial pacts worth Rs. 2,069 crores with 44 agro-based & food processing enterprises & establishments that will provide employment to 5,012 persons. Haryana emerged as the first state in the country to treat Hepatitis-C patients through oral medicine. Haryana Govt. announced lifetime monthly pension of Rs 10,000 for 'Hindi Satyagrahis' & those from the state who were jailed during the Emergency. NORTH-EASTERN STATES Uttar Pradesh cabinet India's first decided to make PM Modi inaugurated the 60-megawatt Tuirial conservation reserve for blackbuck in Allahabad's Meja. hydroelectric power project in Aizawl. Border Roads Organisation (BRO) world's highest built Assam govt. has signed an MoU with Isha Foundation to motorable road at a height of over 19,300 feet. The road conserve & rejuvenate the rivers of Assam. constructed in the region of J&K. 86-kilometre Nagaland is all set to celebrate the 54th Statehood Day & road constructed under 'Project Himank' of the BRO. the 18th Hornbill festival 2017 at Naga Heritage Village,

UP Govt. issued an order notifying Vrindavan & Barsana Kisama. towns in Mathura district as ―pavitra teerth sthals Nagaland became the first State in the Northeast to (sacred pilgrimage sites)‖. No meat & liquor shops will be launch Point of Sale (POS) facility for electricity bill allowed in these towns anymore. payment, where the mode of payment will be cashless. It was launched at Kohima. EASTERN STATES A group of ministers (GoM) set up under Assam Bihar CM Nitish Kumar laid foundation stones for more Finance Minister to make the than 100 projects worth Rs. 700 crores in Nalanda district composition scheme more attractive & also revisit GST as part of his state-wide "Vikas Samiksha Yatra". rates on restaurants.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Tripura become the first state in the country to set up SOUTHERN STATES family welfare district committees to examine the Mumbai got India's first ever AC suburban local train complaints of women against their husbands & in-laws as Christmas gift. The first service of the 12-coach EMU & find an amicable solution. Tripura High Court is the will commence between Borivali & Churchgate. first high court among 24 high courts of the country that Karnataka's capital city Bengaluru has become has constituted the family welfare district committees. the first Indian city to have its own logo after the state govt. launched it. WESTERN STATES Nirmala Sitharaman launched a start-up incubation Vijay Rupani was sworn as the CM of Gujarat centre called the Centre for Entrepreneurship state. Governor Om Prakash Kohli administered the Opportunities & Learning (CEOL) in Mangaluru, Oath of Office & Secrecy to 21 ministers including Mr Karnataka. Rupani & his deputy Nitin Patel. President Kovind, dedicated to the people of Andhra Rajasthan become the first state in the country to Pradesh four projects of the State Govt. The Projects launch free email addresses in Hindi (in Devanagari were AP Fibregrid Project, AP Surveillance Project, script) for its residents. Drone Project; & Free Space Optical Communication PM Modi inaugurated unique world-class hospital at (FSOC) system. He focused on the 24/7 hyper- Swaminarayan Gurukul Vidyapeeth Pratisthanam in connected world & the online presence of the govt. Ahmedabad, Gujarat. Andhra Pradesh Cabinet approved scheme to provide Rajasthan assembly become the first in India to call a pension of Rs 1500 to transgenders above 18 years in attention & adjournment motions & proposals online the state. Under this, transgenders will be provided from legislators to send them to the state Govt.. ration cards, plots, & scholarships, also skill Centre has given green clearance for a greenfield development for financial stability. airport project at Hirasar, about 28 km from Rajkot in Andhra Pradesh assembly unanimously passed the Gujarat, at a cost of over Rs. 1,400 crores. Kapu reservation bill which will provide the PM Narendra Modi has inaugurated the first phase of community with a 5% quota in education & ambitious Ghogha-Dahej Roll-on Roll-off ferry service employment in the state. at Ghogha in Bhavnagar district in Gujarat. Kacheguda Railway Station in Hyderabad under PM Modi launched the Intensified Mission South Central Railway (SCR) earned the unique Indradhanush (IMI) at Vadnagar in Gujarat. Through distinction of being the first Energy Efficient ‗A1 this, govt. aims to reach each & every child under two Category‘ Railway Station on Indian Railways. It years of age & all those pregnant women who have been achieved 100% energy efficiency by replacing 1,312 left uncovered under the routine immunisation program. conventional lights with light-emitting diode (LED) Gujarat‘s commercial capital Ahmedabad formally lighting, among other steps. accorded the status of India‘s first World Heritage City Telangana sgovt.‘s prestigious Kaleshwaram Lift by UNESCO. Irrigation Scheme (KLIS) finally got the Green Nod The Kandla Port, one of the top 12 major ports in the from central govt. country, has been renamed as Deendayal Port in the Kerala govt. lead by Left Democratic Front (LDF) name of icon Pandit Deendayal Upadhyay. decided to raise the legal drinking age from 21 to 23 years. CENTRAL STATES Goa has celebrated its 56th Liberation Day on 19th MP Assembly unanimously passed a Bill awarding death December. to those found guilty of raping girls aged 12 & below. Air Force & Coast Guard have launched a massive With this, Madhya Pradesh becomes the first State where rescue operation off the Kerala coast to save hundreds those convicted of such rapes will face the gallows. of fishermen stranded in the rough sea hit by Cyclone Chhattisgarh Govt. imposed a ban on the bursting of Ockhi. firecrackers in six of its cities, including the state capital Telugu would be implemented as a compulsory Raipur, ahead of the wedding season. subject in the CBSE & ICSE schools, from the next Madhya Pradesh has won the ‗Best Tourism State‘ academic year in Telangana. national award for the third consecutive year. President Telangana CM K Chandrashekar Rao declared Urdu Ram Nath Kovind handed over the award, named as ‗Hall as the state's second official language. Every office in of Fame Award‘, to Minister of State for Tourism Surendra the state will now have an Urdu speaking officer. Patwa. Hyderabad Metro Rail opened for public with the passengers. PM Modi inaugurated the first phase of the elevated Hyderabad Metro Rail project at the Miyapur station. 45 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Govt. given go-ahead for setting up India‘s first mega technology-oriented solutions that will help them coastal economic zone (CEZ) at the Jawaharlal Nehru increase income. Port in Maharashtra as part of a plan to develop 14 such CM of Maharashtra Devendra Fadnavis released a sum industrial clusters to spur manufacturing & generate of Rs 4,000 crores under the first phase of the over Rs jobs. 34,000 crore farm loan waiver scheme. In the first phase, Kerala Govt. inked an MoU with Intel & UST Global the scheme will cover more than 8 lakh farmers. for exploring the possibility of transforming the state Kerala Govt. given green signal to a proposal of the into an electronic hardware manufacturing hub. state Startup Mission (KSUM) to accord sabbatical Tamil Nadu CM, Edapaddi K Palaniswami, laid the leave to the faculty members of all colleges who intend foundation stone for an aerospace park at Kanchipuram to establish startups. An expert panel, headed by KSUM district to be set up by the State Govt. in 245 acres & at CEO Saji Gopinath, will select 10 faculty members on a an estimated cost of Rs 198 crore. pilot basis for the implementation of the project. Madras high court banned the use of pictures of living Andhra Pradesh CM Chandrababu Naidu launched persons on banners & hoardings in Tamil Nadu. Swachh Andhra Mission on the occasion of Gandhi Karnataka Govt. announced the signing of an MoU Jayanti. Ace shuttler PV Sindhu has been chosen as the with Microsoft Corporation India Private Limited with brand ambassador of Swachh Andhra. an intention to empower smallholder farmers with 15th International Film Festival for Documentary, Short & Animation films to be hosted by Mumbai in Jan-Feb 2018.

ALL ABOUT 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 Gulmarg WLS - CM : Mehbooba Mufti Limber WLS Governor: Narendra Vohra Nandini WLS Capital: Jammu(Winter) Srinagar(Summer) Himachal Pradesh Bandli WLS Girinagar Hydel Project Great Himalayan National Daranghati WLS Binwa Hydel Project CM: Jairam Thakur Park Dhauladhar WLS Rangtong Hydel Project Governor: Acharya Dev Vrat Inderkilla National Park Nargu WLS Baner&Neugal Project Capital: Shimla Khirganga National Park Pong Dam Lake WLS Simbalbara National Park Shilli WLS Talra WLS Punjab Abohar WLS Guru Gobind Singh CM: Captain Amarinder Harike Lake WLS Super Thermal Power Singh Jhajjar Bacholi WLS Plant Governor: V P Singh Badnore Capital: Chandigarh Haryana Bhindawas WLS Gorakhpur Atomic Kalesar WLS Power Station CM: Manohar Lal Khattar Khaparwas WLS Deenbandhu Chhotu Governor: Kaptain Solanki 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 WLS Station Bihar Gautam Budha WLS Kahalgaon Super CM: Nitish Kumar Kaimur WLS Thermal Power Station Governor: Satya Pal Malik Pant (Rajgir) WLS Barauni TPS 46 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Capital: Patna Valmiki WLS Chattisgarh Badalkhol WLS Sipat Thermal Power Kanger Valley National Bhairamgarh WLS Plant CM: Raman Singh Park Bhoramdev WLS Hasdeo TPS Governor: Balram Tandon Guru Ghasi Das (Sanjay) Udanti Wild Buffalo Bhilai Expansion Power Capital: Raipur WLS Plant Jharkhand Lawalong WLS Chandrapura TPS CM: Raghuvar Das Palkot WLS Koderma Thermal Governor: Draupadi Murmu Parasnath WLS Power Station Capital: Bokaro TPS Andhra Pradesh Sri Venkateswara National Coringa WLS Simhadri Super Thermal Park Kolleru WLS Power Plant CM: N. Chandrababu Naidu Nellapattu WLS Sri Damodaram Governor: E.S.L Narasimhan Pulicat Lake WLS Sanjeevaiah Thermal Capital: Amravathi Rajiv Gandhi Power Station [*Hyderabad initially] (Nagarjuna Sagar- 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 Chakrashila WLS Power Plant CM: Sarbananda Sonowal Dihing Patkai WLS Governor: Jagdish Mukhi East Karbi Anglong Capital: Dispur Rajiv Gandhi Orang WLS National Park North Karbi Anglong WLS Nambor WLS Goa Bhagwan Mahavir (Mollem) Bondla WLS - 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 Power Velavadar Jessore WLS Station CM: Vijay Rupani Gir Forest National Park Kutch Desert WLS Ukai Thermal Power Governor: O.P.Kohli Marine National Park, Gulf Mitiyala WLS Station Capital: Gandhinagar of Kutch Porbandar Lake WLS Akrimota Thermal Bansda National Park Rampara Vidi WLS Power Station Ratanmahal WLS Kakrapar Nuclear Shoolpaneswar Power Plant (Dhumkhal) WLS Thol Lake WLS Wild Ass WLS Karnataka Arabithittu WLS Raichur Thermal Power Bannerghatta National Park Attiveri WLS Station CM: Siddaramaiah Bhadra WLS Udupi Thermal Power Governor: Vajubhai R. Vala National Park Bhimgad WLS Plant Capital: Bangalore Brahmagiri WLS Bellary Thermal Power Anshi national park Cauvery WLS Station Nugu WLS Pushpagiri WLS Ranganathittu Bird WLS 47 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Sharavathi Valley WLS Someshwara WLS Kerala Aralam WLS Brahmapuram Power Mathikettan Shola National Chimmony WLS Station Park Idukki WLS Kayamkulam Power CM: Pinarayi Vijayan Periyar National Park Malabar WLS Station Governor: P. Sathashivam Silent Valley National Park Mangalavanam Bird Capital: Trivandampuram Anamudi Shola National WLS Park Neyyar WLS Pampadum Shola NP Periyar WLS Thattekad Bird WLS MP Kanha National Park Bori WLS Vindhyachal Super Gandhi Sagar WLS Thermal Power Station Mandla Plant Fossils Ghatigaon WLS Sant Singaji Thermal CM: Shivraj Singh Chouhan National Park Ken WLS Power Plant Governor: O P Kohli Narsighgarh WLS Satpura Thermal Power (Additional Charge) National Chambal WLS Station Capital: Bhopal Orcha WLS Amarkantak TPS Satpura National Park Kuno WLS Sasan Ultra Mega Power Sardarpur WLS Project Son Gharial WLS Maharashtra Chandoli National Park Aner Dam WLS Tarapur Atomic Power Bhamragarh WLS Station Tadoba National Park Bhimashankar WLS Tirora Thermal Power CM: Devendra Fadnavis Great Indian Bustard Station Governor: C. Vidyasagar 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 Baghmara Pitcher Plant - CM: Mukul Sangma WLS Governor: Ganga Prasad Nongkhyllem WLS Capital: Shillong Siju WLS Mizoram Dampa WLS (TR) - CM: Lal Thanhawla Blue National Ngengpui WLS Governor: Nirbhaya Sharma Park Pualreng WLS Capital: Aizawl Mountain National Park Tokalo WLS Nagaland Intanki National Park Fakim WLS Dikhu Hydro Electric CM: T.R. Zeliang Puliebadze WLS Power Plant Governor: P.B.Acharya Rangapahar WLS Capital: Kohima Odisha Bhitarkanika National Park Badrama WLS Talcher Super Thermal Baisipalli WLS Power Station CM: Naveen Patnaik Chilika (Nalaban) WLS Governor: S.C. Jamir Hadgarh WLS Capital: Bhubaneshawer Khalasuni WLS Satkosia Gorge WLS Rajasthan Sariska National Park Bundh Baratha WLS Chhabra Thermal Power 48 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Ranthambore National Park Darrah WLS Station CM: Vasundhara Raje Darrah National Park Jawahar Sagar WLS Suratgarh Power Station Governor: Kalyan Singh Kailadevi WLS Capital: Jaipur Mount Abu WLS Ramsagar WLS Sariska WLS Sawai Man Singh WLS Shergarh WLS Sitamata WLS Sikkim Khangchendzonga National Fambong Lho WLS Rangit Hydro Electric CM: Pawan Kumar Chamling Park Kitam WLS (Bird) Power Prject Governor: Srinivas Patel Maenam WLS Capital: Gangtok Pangolakha WLS Tamil Nadu Indira Gandhi Kudankulam Nuclear (Annamalai) WLS Power Plant Kalakad WLS Neyveli Thermal CM: Edapaddi Palaniswami Indira Gandhi (Annamalai) Karaivetti WLS Tuticorin Thermal Governor: Banwaril Lal National Park Karikili WLS Power Station Purohit Mudumalai WLS Capital: Chennai Gulf of Mannar Marine Pulicat Lake WLS National Park Vaduvoor WLS Vedanthangal WLS Vettangudi WLS Tripura Bison( Rajbari ) National Gumti WLS Palatana Thermal Power CM: Manik Sarkar Park Rowa WLS Plant Governor: Tathagata Roy Clouded Leopard National Sepahijala WLS Capital: Agartala Park Trishna WLS UK Askot Musk Deer WLS Chibro Power Plant CM: Trivendra Singh Rawat Jim Corbett National Park Binsar WLS Khodri Power Plant Governor: K.K. Paul Valley of Flowers National Govind Pashu Vihar Chilla Power Plant Capital: Dehradun Park WLS Kedarnath WLS Sonanadi WLS WB Buxa National Park Ballavpur WLS Mejia Thermal Power Neora Valley NationalPark Chintamani Kar Bird Station Sanctuary Farakka Super Thermal CM: National Park Haliday Island WLS Power Station Governor: Keshari Nath Lothian Island WLS Kolaghat Thermal Power Tripathi Mahananda WLS Station Capital: Kolkata Bakreshwar Thermal Power Station Durgapur Steel Thermal Power Station Arunachal Pradesh CM: Pema Khandu Governor: BD Mishra

OBITUARIES (NATIONAL/INTERNATIONAL) Person Died Profession/Famous In? Politician (National-International) 1. Kirti Nidhi Bista Former PM of Nepal 2. Purushottam Lal Kaushik Former Union minister & socialist leader Singer/Musician (National-International) 3. Jatileswar Mukhopadhyay Acclaimed Bengali Singer 4. Robbie Malinga Legendary South African musician

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 5. Johnny Hallyday France's biggest rock star 6. Jagdish Mohan Renowned Hindustani vocalist of Kirana Gharana 7. Girija Devi Eminent classical singer & Padma Vibhushan awardee. Also known as "Queen of Thumri" & fondly called Appa Ji. Actor/Director/Producer (National-International) 8. Partha Mukhopadhyay Famed Bengali film Actor 9. Neeraj Vora Bollywood actor, writer, & filmmaker 10. Veteran actor 11. I V Sasi Veteran Malayalam director 12. Roy Dotrice Veteran British actor, died in London. 13. Kundan Shah Veteran director Author/Journalist/Activist/Painter (National-International) 14. Sukharanjan Sengupta Veteran journalist 15. Manu Sharma Noted author & Padma Shri awardee 16. Kunwar Narayan Eminent Hindi poet & Jnanpith awardee 17. Punathil Kunjabdulla Renowned Malayalam writer 18. Satish Chandra Veteran & one of India‘s eminent historian Sportsmen/Sportswomen (National-International) 19. Shamsher Khan India's first Olympic swimmer 20. A G Former Test cricketer 21. Daniel Hegarty British Motorcycle Racer 22. Naim Suleymanoglu Turkish weightlifter Others (National-International) 23. Bob Givens One of the animators designing characters Bugs Bunny & Elmer Fudd 24. Lalji Singh Pioneer of DNA fingerprinting technology in India 25. Violet Mosse-Brown () The world's oldest person has died at the age of 117. 26. Arjan Singh The sole Marshal of the Indian Air Force 27. Dr. KS Chugh ―Father of nephrology in India‖ 28. Dina Wadia Only child of Pakistan‘s Muhammad Ali Jinnah

LIST/INDEXES ANNOUNCED RECENTLY

Name of the Index/List Rank of India Topped By? As per the Forbes List of Top-grossing actor 2017 Vin Diesel topped the List. - Report by CARE (Credit Analysis & Research Topped by Greece India (Highest level of NPA Ltd) Ratings on Highest Level of NPA‘s among BRICS) ranked 5th Forbes' Rankings of Best countries in the world United Kingdom topped India was ranked 62nd for business in 2018 Most expensive premium office locations in the Top spot is taken by Hong Kong Delhi Ranked 7th & Mumbai World Report by JLL India (real estate services) ranked 16th Global Innovation Index (GII) 2017 List topped by Switzerland India ranked 60th Forbes India Celebrity 100 list 2017 topped by Actor Salman Khan (Second consecutive year) As per World Inequality Lab in its World Inequality Report 2018, Since 1980, India led to substantial increase in inequality so much that top 0.1% of earners continued to capture more growth than all those in bottom 50% combined. Time magazine‘s Person of the Year was given to ―The Silence Breakers‖, the vanguard of a global movement by millions of women to share their stories of sexual harassment & abuse. Waste management system implemented in Kerala's coastal town of Alappuzha, recognized by United Nations Environment Programme (UNEP) for fighting the pollution menace. It listed in the UNEP environment report

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 entitled, 'Solid approach to waste: how five cities are beating pollution'. As per the Forbes List, Michael Jordan named as the highest-paid athletes of all time. Forbes‘ Annual World‘s highest-paid musician list Musician Diddy topped the list. As per World Migration Report 2018 published Indian diaspora is largest in the World's 3 largest diasporas- by International Organisation for Migration. world, with over 15 million India, Mexico & Russia. Note: US remained the top destination for migrants from India living migrants in the world in 2015 abroad ‗The Legatum Prosperity Index 2017‘ Norway topped the Index India ranked at 100th Fortune‘s ‗Businessperson of the Year‘ 2017 Aditya Puri, MD of HDFC Bank Topped by Nvidia‘s Mr. ranked at 18th Jensen Huang Foreign Policy magazine's 2017 list of '50 Leading Global Thinkers' Indian-American senator Kamala Harris Time magazine readers‘ Person of the Year Saudi Arabia Crown Prince Mohammed bin Salman Fortune‘s ‗Businessperson of the Year‘ 2017 Aditya Puri, MD of HDFC Bank Topped by Nvidia‘s Mr. ranked at 18th Jensen Huang Foreign Policy magazine's 2017 list of '50 Indian-American senator Kamala Harris Leading Global Thinkers' Time magazine readers‘ Person of the Year Saudi Arabia Crown Prince Mohammed bin Salman IMD World Talent Ranking India Ranked 51 Switzerland topped the list Global University Employability Ranking 2017 Indian Institute of Science (IISc) IIT Delhi ranked 145th & IIT by Times Higher Education ranked 29th in 150 Universities Bombay ranked 148th. Forbes Highest-paid woman in Music in 2017 American singer Beyonce topped the List. Adele came second & Taylor Swift ranked third. Grant Thornton's International Business Report India ranked 7th in the Sept. Indonesia is at the top 'Business Optimism' Index Quarter As per Euromonitor International, Hong Kong remains the world's most visited city by international travelers. The Top 3 Countries in the list are- 1. Hong Kong. 2. Bangkok. 3. London. As per the report by Central Pollution Control Holy city Varanasi is most It is followed by Gurugram & Board (CPCB) among the 42 cities polluted Delhi. World Bank‘s ‗Doing Business 2018 — India ranked at 100 New Zealand topped the list. Reforming to Create Jobs‘ (Ease of Doing Business rankings) India‘s Ambani family topped the Forbes list of Asia‘s Richest Families for 1st time with net worth $44.8 billion. Binge watching in public is the new trend in India, & Indians are the second-highest public bingers in the world behind Mexico, according to a survey released by online streaming platform Netflix. As pet the report of IMF, Qatar named the world's richest country. The per capita GDP of Qatar is over Rs. 81 lakhs. Macao ranked at second & Luxembourg at third. As per the report India's GDP per capita was $7,170 (Rs 4.66 lakh) in 2017 & ranked at 126. Forbes list of top-earning dead celebrities Michael Jackson topped Golf legend Arnold Palmer at (for the 5th straight year) 2nd & Peanuts creator Charles Schulz at 3rd. Gender Vulnerability Index (GVI) by NGO Plan Goa is safest for girls. Bihar least-safest for girls. India World Economic Forum‘s Global Gender Gap India ranked at 108 Topped by Iceland index Five Indian women featured on the list of the World‘s 100 most powerful women compiled by Forbes. Topped by German Chancellor Angela Merkel, the list ranked Chanda Kochhar (32); Roshni Malhotra (57), Ed & CEO of HCL Enterprise; Kiran Mazumdar-Shaw (64), CMD of Biocon; (92), Chairperson & Editorial Director, HT Media Ltd & Bollywood actress at 97. 64 cities from 44 countries designated as UNESCO Creative Cities by Director-General, Irina Bokova. Chennai is the third Indian city on the list of UNESCO Creative Cities list after Jaipur & Varanasi. India's Silicon Valley - 'Bengaluru' - is the best host among 45 cities worldwide, as per Economic Intelligence Unit (EIU). San Francisco came in second followed by two other Indian cities, Mumbai & New Delhi. Madhya Pradesh emerged as the top state in terms of digital initiatives undertaken followed by Maharashtra & 51 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Andhra Pradeshas per the report by Coeus Age Consulting. Forbes List of 10 most valuable athletes in 2017 ranked 7th spot Topped by Roger Federer. Passport Index by Arton Capital India secured the 75th rank Singapore's passport on Top. Afghanistan on bottom (94th) 2017 Global Hunger Index (GHI) by India Ranked 100 Central African Republic International Food Policy Research Institute ranked 119 on the list. (IFPRI) ―Extremely Alarming‖ Govt. at a Glance 2017 published by OECD Indian govt. under PM Modi Topped by Switzerland ranked as 3rd most trusted govt. As per the Credit Suisse Research Institute's (CSRI) latest "CS Family 1000" report, India has 108 publicly-listed family-owned businesses, third highest in the world. China topped the list followed by the US. Indian origin campaigner Gina Miller named UK‘s most influential black person of the year. He ranked first in 2018 'Powerlist' of 100 people of African & African Caribbean inheritance published by Powerful Media. As per Forbes magazine, Jeff Bezos surpassed as the richest person in the world. As per report by UN Women & the UN Development Programme (UNDP), Latin America & the Caribbean is the most violent region in the world for women. With 13.7% contribution to global pharmaceuticals & biotechnology workforce, India emerged as the second largest market for the industry, as per LinkedIn. The Economist Intelligence Unit's Safe Cities Delhi & Mumbai ranked 43rd & Japanese capital city Tokyo Index 2017 45th topped Climate Change Performance Index 2018 India ranked 14th Sweden topped the List. Donald Trump is now the world‘s most followed leader on Twitter, while Narendra Modi is the third, according to the latest report by Twiplomacy. As per "Authentic Brands Study" by Cohn & Wolfe, Indian consumers regard Google as the most authentic brand. Amazon.com tops the list globally. With 2.51 million deaths in 2015, India ranked No. 1 in pollution-related deaths, as per The Lancet Commission on pollution & health. China recorded the second highest number of such deaths. As per the Forbes Magazine, India Rich List for 2017 Reliance Industries Limited chairman Mukesh Ambani topping the charts for the 10th consecutive year. He is followed by tech czar Azim Premji. Note: The combined net worth of the 100 richest Indians stood at $479 billion. World Economic Forum's Global Human Capital India Ranked at 103 Topped by Norway Index World Economic Forum Global Competitiveness India ranked at 40 Switzerland topped the List. Ranking 2017

Static Takeaways: 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 52 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 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)

IMPORTANT DAYS OBSERVED RECENTLY

Date Day Theme 1st December World AIDS day 'Right to health' 1st December BSF Raising Day - 3rd December International Day of Disabled Persons ―Transformation towards sustainable & resilient society for all‖ 4th December Indian Navy Day 5th December World Soil Day ‗Caring for the Planet starts from the Ground‘ 7th December Armed Forces Flag Day (To honor the martyrs & the men in uniform who valiantly fought on our borders to safeguard the country's honor) 10th December Human Rights Day Campaign named as #standup4humanrights 14th December National Energy Conservation Day - 16th December Vijay Diwas - 18th December International Migrants Day 'Safe Migration in a World on the Move' 22nd December National Mathematics Day Mathematician Ramanujan‘s birth anniversary 23rd December Kisan Diwas (Farmer's Day) Note: Birth anniversary of the fifth PM of India Chaudhary Charan Singh 25th December Good Governance Day Former PM ‘s birthday 20th November United Nations Universal Children's Day Theme of UCD 2017 is 'Kids Take Over' 21st November World Fisheries Day Theme is ―2022 Ka Hai Sapna … Kisan Ki Aay Ho Dugna - Sankalp Se Siddhi‖ 26th November Constitution Day 14 November World Diabetes Day (WDD) 'Women & diabetes - Our right to a healthy future' 16th November National Press Day To commemorate establishment of Press Council of India. 19th November National Integration Day. It is observed to foster & reinforce the spirit of communal harmony & national Integration 19 November World Toilet Day Wastewater 5th November World Tsunami Awareness Day 'Reduce the Number of Affected People'. 31 October Rashtriya Ekta Diwas (National UnityDay) Birth anniversary of Sardar Vallabhbhai Patel 24th October United Nations Day 72nd anniversary of the UN Charter 27th October World Day for Audiovisual Heritage "Discover, remember & share" 13th October International Day for Disaster Reduction ‗Home Safe Home: Reducing Exposure, Reducing Displacement‘. 17th October International Day for the Eradication of ‗Answering the Call of October 17 to end poverty: Poverty (IDEP) A path toward peaceful & inclusive societies‘. 17th October 2nd Ayurveda Day in New Delhi 53 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Note: PM Modi was the Chief Guest & inaugurated country's first All India Institute of Ayurveda 16th October World Food Day "Change the future of migration. Invest in food security & rural development" 20th October World Statistics Day 15th October International Day of Rural Women ―Challenges & opportunities in climate-resilient agriculture for gender equality & the empowerment of rural women & girls" 21st October National Police Commemoration Day 2nd October International Day of Non-Violence Marked the birthday of Mahatma Gandhi 1st October International Day of Older Persons ―Stepping into the Future: Tapping the Talents, Contributions & Participation of Older Persons in Society.‖ 8th October Indian Air Force (IAF) 85th anniversary 5th October World Teachers‘ Day ―Teaching in Freedom, Empowering Teachers‖ World Space Week organized from 4 to 10 October with the theme ‗Exploring New Worlds In Space‘.

BOOKS & AUTHORS The book, The Way I See It - a Gauri Lankesh Reader, has been edited by writer & sociologist Chandan Gowda. Bollywood superstar Amitabh Bachchan launched a book based on Indian cinema. It is titled 'Bollywood: The Films! The Songs! The Stars!', is a coffee table book, co-authored by S.M.M. Ausaja, Karan Bali, Rajesh Devraj & Tanul Thakur. Former President Pranab Mukherjee released the third part of his memoir ‗The Coalition Years: 1996-2012‘, speaking candidly about believing he could have been the Congress choice for the PM‘s post. Rajasthan CM V. Raje launched e-book titled 'India 2017 Yearbook', compiled by present CAG Rajiv Mehrishi. "Dreamnation: Uniting a Country with Handwritten Dreams" Co-authored by Saji Mathew & Jubie John 'Bollywood: The Films! The Songs! The Stars!' S.M.M. Ausaja, Karan Bali, Rajesh Devraj & Tanul Thakur Former President Pranab Mukherjee released the third part of his memoir ‗The Coalition Years: 1996-2012‘ ‗Journey of Women Law Reforms & The Law Commission of India – Dr. Pavan Sharma. Some Insights‘ 'India 2017 Yearbook' Compiled by present CAG Rajiv Mehrishi Dreamnation: Uniting a Country with Handwritten Dreams" Saji Mathew & Jubie John. Hema Malini's biography 'Hema Malini: Beyond the Dream Girl' Ram Kamal Mukherjee What Happened Hillary Clinton Democracy‘s XI: The Great Indian Cricket Story Smritichitre Lakshmibai Tilak The Crisis Within: On Knowledge & Education in India G.N. Devy Political Violence in Ancient India Upinder Singh A Life of My Own Claire Tomalin 'Unstoppable: My Life So Far' Maria Sharapova ―How India Sees the World: Kautilya to the 21st Century‖ Biography of Capt. Vikram Batra "The Shershah of Kargil" Deepak Surana "Future of Indian Universities: Comparative & International Compiled by Professor (Dr.) C. Raj Kumar. Perspectives" PM Modi released a photo book titled "President Pranab Mukherjee - A Statesman" Cryptocurrency for Beginners Amit Bhardwaj Book on PM Modi‘s Life named ―Making of A Legend‖: Compiled by Bindeshwar Pathak Dalhousie...Through My Eyes Kiran Chadha President‘s Lady‖ (Pranaber Preyosi) on Pranab Mukherjee‘s Wife Sangeeta Ghosh Late Smt. Suvra Mukherjee Playing with Fire Katie Price The Trees of Medley Gardens (Red Turtle) Ranjit Lal 54 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Watercolours: A Story from Auschwitz Lidia Ostalowska Touched by God: How We Won the Mexico ‘86 World Cup Diego Armando Maradona with Daniel Arcucci The People Next Door: The Curious History of India‘s Relations with Pakistan T.C.A. Raghavan From Chanakya to Modi: The Evolution of India‘s Foreign Policy Aparna Pande A Bonsai Tree: An Autobiography Narendra Luther Turtles All the Way Down John Green Partition: The Story of Indian Independence & the Creation of Barney White-Spunner Pakistan in 1947 Balanced Constitutionalism: Courts & Legislatures in India & UK Chintan Chandrachud The Empress: The Dramatic Life of A Powerful & Enigmatic Leader Kalyani Shanka The War is in the Mountains Judith Matloff Demonetisation Decoded: A Critique of India‘s Currency Jayati Ghosh, C.P. Chandrasekhar & Prabhat Experiment Patnaik Behind Bars: Prison Tales of India‘s Most Famous Sunetra Choudhury Kandhamal: Introspection of Initiative for Justice 2007-2015 Vrinda Grover & Saumya Uma Dialogue of the Deaf T. C. A. Srinivasa-Raghavan The Decline of Civilization Ramin Jahanbegloo

DEFENCE CURRENT AFFAIRS

Indian Defence Forces Defence Minister Nirmala Sitharaman flagged off the Directorate General of Civil Aviation (DGCA) Navika Sagar Parikrama by an all-women crew of Indian allowed Hindustan Aeronautics Ltd (HAL) Navy aboard Indian Naval Sailing Vessel (INSV) Tarini manufactured Dornier 228 to be used for civilian flights. from INS Mandovi jetty in Goa. Navika Sagar Parikrama The 19-seater aircraft has, till now, been used by defence is the first attempt by an Indian all-women crew to forces & is the first plane to be made in the country for circumnavigate the globe. commercial flights. Indian Navy will use the advanced catapult-based aircraft Indian Army's Southern Command conducted exercise launch mechanism (CATOBAR) of U.S. for its second 'Hamesha Vijayee' in the deserts of Rajasthan to evaluate Indigenous Aircraft Carrier (IAC-II). the capability of the armed forces to strike deep into the enemy territory in an integrated air-land battle. INS | Missile| Device Inducted/ Decommissioned Indian Navy in collaboration with its Sri Lankan India successfully test-fired its indigenously developed counterpart successfully completed the second phase of Advanced Air Defence (AAD) supersonic interceptor the joint oceanographic survey conducted off the South- missile, capable of destroying any incoming ballistic Western Coast of Sri Lanka. missile at low altitude, from a test range in Odisha. Conference of all Commanders of Eastern Air Command Surface to Air Missile AKASH with indigenous radio held at Shillong in Meghalaya. frequency seeker against target Banshee has been Shubhangi Swaroop has been inducted as a pilot in the successfully launched from the Launch Complex-III at ITR Indian Navy for the first time. She is from Uttar Pradesh Chandipur, Odisha. & will soon be flying Maritime Reconnaissance aircraft. Brahmos, the world‘s fastest supersonic cruise missile Three other women cadets, Astha Segal from New Delhi, created history as it was successfully flight-tested first Roopa A from Puducherry & Sakthi Maya S from Kerala, time from the Indian Air Force‘s (IAF) frontline fighter created history by becoming the country‘s first women aircraft Sukhoi-30MKI. officers at the Naval Armament Inspectorate (NAI) branch Indian Air Force, along with DRDO successfully tested of the Navy. an indigenously developed lightweight ‗Glide‘ bomb Defence Minister Sitharaman elected as President of the in Chandipur in Odisha. It is Named SAAW (Smart Institute for Defence Studies & Analysis (IDSA). Anti Airfield Weapon). Indian Air Force launched an innovative health mobile Indian Army launched an independent & fully- App named `MedWatch' on the occasion of its 85th integrated Joint Training Node (JTN) at Umroi anniversary. It was launched by Air Chief Marshal BS cantonment in Shillong, Meghalaya. It will pave a way Dhanoa during the Air Force Commanders' Conference in for projecting the states of Meghalaya & Assam on the New Delhi. world map of foreign armies.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 India conducted a flight test of its indigenously Defence of Andaman & Nicobar Islands Exercise designed & developed long-range sub-sonic cruise (DANX) was conducted under the aegis of Andaman & missile ‗Nirbhay‘. It can carry warheads of up to 300 kg Nicobar Command. from a test range at Chandipur along the Odisha coast. International Multilateral Maritime Search & Rescue Defence Minister Nirmala Sitharaman commissioned an Exercise 2017 (IMMSAREX 2017) held in Cox Bazar, indigenously-built anti-submarine warfare stealth Bangladesh. Admiral Sunil Lanba, Chief of the Naval corvette INS Kiltan into the Indian Navy at the Naval Staff of Indian Navy, is attending the exercise. Dockyard in Visakhapatnam. Joint Indo-Russia Tri-Services Exercise INDRA-2017 India's indigenously developed third generation anti- successfully conducted at Vladivostok in Russia. The tank guided missile (ATGM) Nag successfully flight theme was ‗Preparation & Conduct of Operations by a tested by DRDO in deserts of Rajasthan, marking the Joint Force for Suppression of International Terror completion of development trials. Activity at the request of a host country under UN Final development trials of indigenous beyond visual mandate‘. range air-to-air missile Astra successfully concluded 45-member contingent of the Indian Air Force left for into the Indian Air Force. Israel to participate in exercise ‗Blue Flag-17‘. Blue An indigenous artillery gun, Advanced Towed Artillery Flag is a bi-annual multilateral exercise which aims to Gun System (ATAGS), being developed by DRDO has strengthen military cooperation amongst participating set a new world record in range by hitting targets at a nations. distance of 48 km. ATAGS is a 155mm, 52 calibers towed 14-day joint training exercise ―PRABAL DOSTYK – artillery gun. 2017‖ between the Indian Army & the Kazakhstan The first of the Scorpene class submarines, INS Kalvari, Army held at Bakloh, Himachal Pradesh. The training was delivered to the Indian Navy by Mazagon Dock contingents comprise of platoon strength from the 11th Shipbuilders Limited (MDL). Gorkha Rifles of the Indian Army & a similar strength INS Tarasa, a Water Jet Fast Attack Craft intended for of the Kazakhstan Army. extended coastal & offshore surveillance & patrolling, The joint coastal security exercise between Odisha & was commissioned into the Indian Navy. The vessel has West Bengal named as ‗Sagar Kavach‘ to be held along been built in Kolkata. the 630-km long coastline. ―Vigilant Ace‖, the joint drill between the air forces of International Defence Forces South Korea & USA will be conducted in December South Korea & USA launched their largest-ever joint 2017. aerial drills called Vigilant Ace. Army personnel of India & Bangladesh are going to UAE Armed Forces along with the UK, US & French take part in a joint training exercise 'Sampriti-7' in armies are participating in joint exercises in Abu Dhabi. Meghalaya & Mizoram. This is the 7th edition of the The drill code is named as ―Flag4‖. joint training exercise. Russia launched world's largest nuclear-powered Indian Navy Ship Sukanya under the command of icebreaker ship in a bid to expand its strategic presence in Commander SA Deodhar arrived at Belawan Indonesia the resource-rich, terrain of the Arctic. The massive vessel, to participate in the 30th CORPAT (Coordinated named Sibir (Siberia). Patrol) & 3rd Bilateral exercise between the Indian US Army & the Israel Defense Forces (IDF) inaugurated a Navy & the Indonesian Navy. The exercise is aimed to permanent base In Israel. This is the first time that a foster closer maritime ties with countries located on the permanent American base has been opened in the Middle rim of the Indian Ocean Eastern country. Navies of India & Japan began anti-submarine warfare exercise in the Indian Ocean region to deepen their Defence Exercises/Operations Conducted operational coordination in the strategically important Indian Naval Ships Trikand & Teg are deployed to sea lanes around the two countries. Oman for 11th bilateral exercise ‗Naseem Al Bahr‘ or ‗Sea The fifth India-Sri Lanka Joint Training Exercise (JTE) Breeze‘. MITRA SHAKTI 2017 held conducted at Aundh 8th edition of the Indo-Maldives joint military exercise, Military Station, Pune. The exercise is based on Counter ‗Ekuverin‘, came to an end at Belagavi, Karnataka. Terrorist Operations & an Infantry company from both South Korea & USA launched their largest-ever joint the countries is participating in the same. aerial drills called Vigilant Ace. 12th India-Nepal joint military exercise- Surya Kiran UAE Armed Forces along with the UK, US & French XII heldin Saljhandi, Nepal. armies are participating in joint exercises in Abu Dhabi. A joint military training, Exercise Yudh Abhyas-2017 The drill code is named as ―Flag4‖. conducted at Washington, USA between India & USA.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Indian Navy & Sri Lankan Navy conducted the 2017 Sri Defence Agreements Signed/Defence Summits Held Lanka-India Exercise (SLINEX) at Visakhapatnam, Ministry of Defence (MoD) decided to cancel the $500 Andhra Pradesh. million deal for Spike ATGM with Israel. MoD has The air forces of China & Pakistan conducted joint asked DRDO to indigenously develop & produce a training exercise named "Shaheen VI" & deployed Man-Portable Anti-Tank Guided Missile (MPATGM) their latest fighter jets & AWACS aircraft. for the Army. US & UAE's ground forces conducted a joint military India & France agreed to strengthen bilateral defence exercise in Abu Dhabi, as part of efforts to consolidate cooperation as a key Pillar of strategic partnership their bilateral relations & exchange training & military between the two countries. Defence minister Nirmala expertise. Code-named Iron Union 5, the drill is an Sitharaman & French Minister for the Armed Forces, extension of a series of Iron Claw exercises. Ms. Parly discussed a range of measures to The joint exercise DRUZBA 2017 between special expand military to military ties. The joint Naval forces of Pakistan & Russia Armies conducted in exercise named the VARUNA is scheduled in early Minralney Vody, Russia. 2018 between the two countries.

SPORTS CURRENT AFFAIRS

Cricket {National Game of: Australia, Bermuda, England, Cricket Association of Puducherry (CAP) chosen by the Jamaica No. of Players: 11 Committee of Administrators (CoA) as an associate Important Terms associated: Arm ball, Beamer, Bottom member of BCCI. hand, Bouncer, Cameo, Carrom ball, Chinaman, Flick, Free Virat Kohli became the sixth Indian to complete 9000 hit, Glance, Googly, Hat-trick, Hit wicket, Leg bye, Nelson, ODI runs. Night watchman, Pinch hitter, Sweep, Upper Cut.} India captain moved up one place to occupy India to host the 2023 World Cup, the global cricketing the number one spot in the latest ICC ODI rankings for event‘s 13th edition. India will also host Champions batswomen. Trophy in 2021. ICC World Cup 2019 will be held in Indian fast bowler Jasprit Bumrah climbed to the number England & Wales. one spot in the latest ICC T20 rankings. India captain Former India wicketkeeper Saba Karim has appointed as Virat Kohli claim the top ranking in ODIs. General Manager (Cricket Operations) of the BCCI. He Indian pacer Ashish Nehra has confirmed his retirement will report to CEO Rahul Johri. from International Cricket. India become the first-ever team to register 300+ totals International Cricket Council Board given an in-principle 100 times in ODIs, after posting 392/4 against Sri Lanka nod to the proposed nine-team Test Championship & a 13- in Mohali. team One-Day International league at the end of the BCCI decided to lift the ban on the Rajasthan Cricket meeting in Auckland. The Test competition will begin Association (RCA) provided former IPL chief Lalit Modi after the 2019 World Cup & the 50-over event sometime stays away from its functioning, the Board decided in its in 2020. Special General Meeting (SGM). Premier all-rounder Shakib Al Hasan became the first Virat Kohli surpasses Brian Lara for Most Double cricketer from Bangladesh to be inducted in the MCC Centuries as Captain by scoring his 6th Double Century in World Cricket Committee under the chairmanship of Delhi. Mike Gatting. Mumbai's Prithvi Shaw named captain of Indian Under- Australian fast bowler John Hastings has called it 19 team for the 2018 U-19 World Cup to be held in New quits from Test Match & ODIs, citing recurring injuries Zealand. as the reason. Indian cricketer Yuvraj Singh will be promoting a UNICEF sports initiative for youngsters in South Asia. Football {National Game of: Brazil, Italy, Germany, Israel, He launched the "Power of Sports to Shape the Future of Mauritius, Poland No. of Players: 11 Adolescents" campaign in South Asia. Important Terms Associated: Back Pass, Corner Kick, Free Mujeeb Zadran From Afghanistan Becomes First Kick, Dribble, Futsal, Header, Kick off, Banana Kick, Toe Cricketer to Born in 21st Century. 16-year-old off-spinner, Poke, Throw-in, Bicycle Kick} became the youngest ever from Afghanistan to play Lionel Messi, the star forward of , received La International cricket. Liga‘s top scorer & best player awards for 2016-17 Pakistan off-spinner Saeed Ajmal announced his football season. retirement from all forms of cricket. Former AC & Real Madrid midfielder Kaka, who Afghanistan defeated Pakistan to clinch their maiden lifted the 2002 World Cup with Brazil, announced his Under-19 Asia Cup title, in Kuala Lumpur, Malaysia. retirement from football. Ikram Ali khil was the man of the match. 57 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Real Madrid earned the honor of being able to wear the Hockey {National Game of: India, Pakistan official FIFA World Champions Badge on their No. of Players: 11 competition jerseys for the duration of 2018 by defeating Important Terms Associated: Advancing, Bully, Center Gremio in the final of the FIFA Club World Cup UAE Pass, Dribble, Drive, Flagrant Foul, Flick, Free Hit, Striker, 2017. Tackle, Undercutting, Dodge, Drag Flick, Grip, Hacking, FIFA, lifted a two-year suspension against Kuwait‘s Penalty Corner, Wall Pass} football association that has prevented the country from India defeated Germany 2-1 in Hockey World League participating in international tournaments. Final to grab bronze medal at the event, in Bhubaneswar, The final draw for the 2018 FIFA World Cup was held in Odisha. the Russian capital of Moscow. The ceremony was held Australia beat Argentina 2-1 in the final of the Hockey at the State Kremlin Palace, in Moscow, Russia. World League Final (HWLF) to win gold at Kalinga Supreme Court appointed former football captain Stadium, Bhubaneswar, Odisha. Bhaskar Ganguly as ombudsman as per All India India defeated China 5-4 via shootout to win the Football Federation (AIFF). It also appointed S Y women‘s Asia Cup hockey title 2017. With this, India Quraishi as the ombudsmen to formulate the AIFF also qualified for World Cup 2018 as Continental Constitution. champion. Savita Punia was adjudged Goalkeeper-of-the- In Football, Italy has failed to qualify for the FIFA Tournament while Monica won the Woman-of-the-Match World Cup for the first time since 1958. The four-time award. It was held in Kakamigahara, Japan. champions failed to make the cut after they lost the India beats Malaysia to win the 2017 Asia Cup Hockey World Cup Qualifying European play-off against tournament held in Dhaka, Bangladesh. This was India's Sweden, 0-1. third continental title. Lalit Upadhyay won goal of the Cristiano Ronaldo is the richest sports personality in match award while Akashdeep Singh adjudged the Man of the world, according to the latest Forbes' Rich List. the match. Real Madrid star Cristiano Ronaldo beaten Lionel Indian Junior Men‘s Hockey team beat hosts Malaysia in Messi & Neymar to win the Best FIFA Men's Player the Bronze medal match of the 7th Sultan of Johor Cup award for the second year running. Ronaldo was 2017 at the Taman Daya Hockey Stadium, in Malaysia. presented the award at The Best FIFA Football Awards ceremony in London, UK. Netherlands' Lieke Martens Current Affairs related to Tennis won The Best FIFA Women's Player award. Real Madrid ATP World Tour Awards presented by Moet & Chandon coach Zinedine Zidane was named the Best FIFA Men's honours the season's best players & tournaments. Roger Coach. Federer‘s 2017 season recognized with three ATP World England scripted a dramatic turnaround in Kolkata to Tour Awards. He has been selected by fans as win the 2017 FIFA U17 World Cup for the very first ATPWorldTour.com Fans‘ Favourite for a 15th straight time after a 5-2 win over European U17 champions year, & winner of the Stefan Edberg Sportsmanship Spain. Award & Comeback Player of the Year. Neville Godwin Netherlands captain Arjen Robben announced the end chosen as the winner of Coach of the Year in the 2017 of his international career after his country failed to ATP World Tour Awards. Bob Bryan & Mike Bryan have reach the 2018 World Cup finals despite a 2-0 win over been voted by fans as the ATPWorldTour.com Fans‘ Sweden. Favourite. Indian football team has qualified for the 2019 Asian Indian tennis duo of & lifted Cup after they had a convincing 4-1 win over the Knoxville Challenger title after clinching a fighting with two matches still to go in the qualifying round. This win in the finals of the men's doubles event in is the third time the country has qualified for the Tennessee. continental showpiece. India's tennis star clinched his first title Switzerland's Esther Staubli become the first female of the 2017 season on the ATP Challenger Tour by referee to officiate a match at the FIFA U-17 World winning the KPIT-MSLTA Challenger in Pune. Cup. She was the referee in the match between Japan & Martina Hingis, one of only six women's players to hold New Caledonia in the final round group E match. the No. 1 ranking in both singles & doubles at the same Jackson Singh Thounaojam created history at Delhi‘s time, will retire after the WTA Finals. Jawaharlal Nehru Stadium by scoring India‘s first goal Swiss superstar Roger Federer won his eighth Basel in a FIFA U-17 World Cup during India‘s match against title, after defeating Juan Martin del Potro to clinch his . ATP World Tour-leading seventh title of the year. Maidan heavyweights Mohun Bagan won the 37th All Maria Sharapova defeated 102nd-ranked teenager India Governor's Gold Cup football tournament for the Aryna Sabalenka to win the 2017 Tianjin Open. 10th time by defeating Partha Chakra.

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Roger Federer has brushed aside world number one has won women‘s singles title at Yonex Rafael Nadal to win the Shanghai Masters & register French Open Badminton 2017. his fourth victory of the year over his Spanish rival. Commonwealth Games bronze medallist Shuttler Rafael Nadal (Spain) won his sixth title of the year by RMV Gurusaidutt clinched the men's singles title at defeating Nick Kyrgios (Aus) at China Open 2017. the Bulgarian International Future Series tournament. 2017 US Open was the fourth & final Grand Slam event Gurusaidutt has defeated Muhammed Ali Kurt of the year. Rafael Nadal was the winner of Men's (Turkey). Singles. Sloane Stephens was the winner of Women's India‘s top-ranked junior shuttler Aakarshi Kashyap Singles. won U-17 & U-19 singles titles at Badminton Junior Nationals in Guwahati, Assam. Current Affairs related to Grand Prixes Top Indian shuttler P V Sindhu won the Silver medal Valtteri Bottas won the season-ending Abu Dhabi in women‘s singles summit clash of the Dubai World Grand Prix. Super Series Final in Dubai. She was defeated by Ferrari's Sebastian Vettel won the Brazilian Grand World No. 2 Akane Yamaguchi of Japan. Prix. India has won the first-ever South Asian Regional Mercedes‘ Lewis Hamilton won the Formula 1 Badminton Team Championship. In the title clash Singapore Grand Prix, in Singapore. Hamilton‘s rival played in Guwahati, India defeated Nepal, 3-0. Sebastian Vettel withdrew in the middle of the race due to his damaged Ferrari car. Boxing/ Wrestling Indian boxers claimed three gold, a silver, & a bronze Badminton medal at Galym Zharylgapov Boxing Tournament in India has won the first-ever South Asian Regional Karaganda, Kazakhstan. The country‘s Gold Medal Badminton Team Championship. In the title clash winners were K Shyam Kumar in 49kg, Naman Tanwar played in Guwahati, India defeated Nepal, 3-0. in 91kg & Satish Kumar in the 91kg category. 19-year- Indian contingent to BWF Para-Badminton World old Naman Tanwar was also adjudged the best boxer Championships in Ulsan, South Korea clinched 10 of the tournament. medals, including two golds. India‘s Parul Parmar defended his WBO Oriental & Asia defeated Thailand‘s Wannaphatdee Kamtam in the Pacific super middleweight titles against Ghana‘s women‘s singles Standing Lower (SL3). Other gold was Ernest Amuzu at the Sawai Mansingh Stadium in Jaipur. also won by Parul Parmar, who paired with Japan‘s was wanted by all the teams ahead of the Akiko Sugino in women‘s doubles. new season of Pro Wrestling League (PWL) & the World number 11 became the national bidding war created history in New Delhi. champion for the third time, defeating world number 2 Indian junior boxers had clinched total 11 Medals (six PV Sindhu in the women's singles final of Senior gold, four silver & a bronze medal) at the fifth National Badminton Championships, in Nagpur, International Sven Lange Memorial Tournament, to Maharashtra. finish as overall champions in the German city of H.S Prannoy defeated World No 2 Kidambi Srikanth Schwerin. in a thrilling finale to claim the men‘s singles title at the Double Olympic medalist Sushil Kumar clinched a 82nd Senior National Championship, in Nagpur, gold medal at the Commonwealth Wrestling Maharashtra. Championships in South Africa. He defeated New Ace Indian shuttler Kidambi Srikanth has lifted the Zealand's Akash Khullar. Denmark Open Superseries trophy at Odense, Ritu Phogat clinched silver medal in Under-23 Senior Denmark. He defeated South Korea‘s Lee Hyun-il to World Wrestling Championship at Poland. She lost bag his third Super Series title of the year & fifth against Turkish Wrestler Demirhan. overall. India won 5 gold medals at the AIBA World Women‘s India's Kidambi Srikanth created history as he became Youth Boxing Championships, in Guwahati. Nitu the first Indian player to win four Superseries titles in (48kg), Jyoti Gulia (51kg), Sakshi choudhury (54kg), a year after he won the men's singles title at the French Shashi Chopra (57kg) & Ankushita Boro (64kg) won Open. gold medals for India in the finals. Jyoti Gulia also Basel will be jointly hosting the Badminton & Para qualified for next year‘s Youth Olympic Games in Badminton World Championships in 2019. It will Argentina. Ankushita named boxer of tournament. become the first city to host this. Boxing Federation of India (BFI) was recognised as a Yonex French Open 2017 Badminton tournament was national body by the Indian Olympic Association, held in Paris. Indian shuttler Kidambi Srikanth which removed the terminated Indian Amateur Boxing became the first Indian to win the men‘s singles title. Federation (IABF) as its affiliate after months of He defeated Kento Nishimoto of Japan. Tai Tzu Ying of indecision. 59 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Sushil Kumar & Geeta Phogat won gold medals at the India's Saurabh Chaudhary qualified for the Youth 62nd National Wrestling championship held in Indore. Olympics Games with a gold medal & a junior world Bharat Khandare became the first India-born fighter to record in 10m air pistol at the ongoing Asia Youth be signed by Ultimate Fighting Championship (UFC) Olympics Games qualification tournament in Wako as the Mixed martial arts (MMA) fighter. City, Japan. Five-time world champion & Olympic bronze medalist Pistol aces Jitu Rai & Heena Sidhu bagged bronze at MC Mary Kom named as the ambassador of the the 10th Asian Championship 10m Rifle/Pistol in upcoming AIBA Women's Youth World Wako City, Japan. Jitu won an individual bronze in the Championships. men's 10m Air Pistol while Heena claimed an individual M.C. Mary Kom (48kg) notched up her fifth gold medal bronze in the women's 10m Air Pistol. at the Asian Women‘s Boxing Championships in 21-year-old Indian Golfer Shubhankar Sharma claimed Vietnam. She has defeated North Korea‘s Kim Hyang his maiden European Tour victory in the Joburg Open, Mi. This is Mary Kom‘s sixth medal in the Asian in South Africa. Women‘s Boxing Championships & fifth gold medal. Indian archers produced an impressive performance, Assam's famed one-horned rhino unveiled as the grabbed three gold, four silver & two bronze medals at official mascot of the 2017 AIBA Youth Women's the Asian Championships in Dhaka, Bangladesh. World Boxing Championship in Guwahati, Assam. India's Winter Olympian Shiva Keshavan won gold The official mascot, named Guppy, is a female version medal at Asian Luge Championships at Altenberg, of Assam's one-horned rhino. The World Germany. Championship's official anthem is 'Make Some Noise'. India‘s won bronze medal at the It is composed by Shaan & rendered by renowned singer Indoor Archery World Cup Stage 2 held in Bangkok, Sunidhi Chauhan. Thailand. , a former competitive powerlifter, become Russia was banned from the 2018 Winter Games by the the first ever Indian woman to be signed by the World International Olympic Committee over its state- Wrestling Entertainment (WWE). orchestrated doping programme. Gopi Thonakal created history by becoming first Other Sports Current Affairs Indian man to win Asian Marathon Championship in India‘s ace chess player won China. World Rapid Chess tournament title in Saudi Indian men‘s & women‘s kabaddi teams were crowned Arabia by beating Russia‘s Vladimir Fedoseev. Saudi the champions of Asia after beating Pakistan & South Arabia hosted the world chess tournament for the first Korea in Gorgan, Iran. time. The women‘s title was won by China‘s Ju Wenjun. 7th International military games will be held in Haryana shooter Anisa Sayyed won the women‘s 25m Wuhan city in the central China's Hubei Province. pistol gold with a new record at the ongoing 61st Mascot is Bing Bing. National Shooting Championship Competitions (61st Mirabai Chanu became the first Indian in over two NSCC), in Thiruvananthapuram, Kerala. decades to claim a gold medal at the World The emblems of the Beijing 2022 Olympic & Weightlifting Championship in Anaheim, USA. Paralympic Winter Games have been named ―Winter Ace Indian cueist Pankaj Advani lifts the IBSF World Dream‖ & ―Flight‖. Billiards Championship by defeating Mike Russell. Central English city of Birmingham will host the Pankaj Advani clinched his 17th world title at Doha, Commonwealth Games in 2022. Gold Coast, Australia, Qatar. will host the next Commonwealth Games in 2018. Aditi Ashok qualified for the season-ending CME World 10,000m champion Sir Mo Farah has been voted Group Tour Championship on the LPGA, becoming BBC Sports Personality of the Year 2017. He becomes the first from the country to play in the prestigious meet. the first long-distance runner to win the Sports France will host the 2023 Rugby World Cup to stage one Personality award since Paula Radcliffe in 2002. of the world‘s best attended & lucrative sporting events. Nagpur‘s Kanchanmala Pande created history as she Shagun Chowdhary bagged a National Champion became the first Indian to secure pole position at the Crown when she won the women's trap event at the 61st World Para-Swimming Championship in Mexico. She National Shooting Championship. Chowdhary is the won gold in 200-meter medley event in the S-11 category first Indian woman trap shooter to win an Olympic & was also the only Indian to qualify for the women‘s berth. category. Olympic bronze-medallist won a silver Indian Diving Team won 1 Gold, 3 Silver & 2 Bronze medal in the men‘s 50m rifle prone event at the Medals in Indonesia Open Aquatic Championship Commonwealth Shooting Championships in Australia. 2017. It was concluded in Indonesia's Jakarta. Annu Raj Singh won bronze medal in women‘s 50m pistol competition. 60 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 19-Year old Indian golfer Aditi Ashok made her return launched. It is a non-profit initiative, helmed by 17-year- to the Ladies European Tour by clinching the Fatima old Mumbai student & sports enthusiast, Saachi Munot. Bint Mubarak Ladies Open in Abu Dhabi. It is Aditi's India‘s Anupama Ramachandran clinched the World third LET win in less than 12 months. Open Under-16 Snooker Championship title at St. Shiv Kapur clinched his first Asian Tour title in India, Petersburg in Russia. In the girl's category, Anupama bagging the Panasonic Open at the Delhi Golf Club. Ramachandran of India become World Open Under-16 Indian shooting contingent finished the Commonwealth champion. Shooting Championship 2017 at top with the best tally of Pooja Kadian became the first ever Indian sportsperson to 20 medals. Indian shooters won a total of six gold, seven win a gold medal at the Wushu World Championship in silver & seven bronze medals in the competition. Kazan, Russia. Kadian, who competed in the women's Satyendra Singh & Sanjeev Rajput won a gold & a silver 75kg Sanda category, defeated Russia's Evgeniya respectively in the men's 50m rifle three positions. Stepanova. Chandigarh hoopster Amjyot Singh became the third Brazilian police arrested the chairman of the country‘s Indian - after Satnam Singh & Palpreet Singh Brar to Olympic Committee Carlos Arthur Nuzman as part of a walk into the National Basketball Association (NBA) probe into alleged vote-buying to secure Rio‘s hosting of league. the 2016 Games. National Basketball Association (NBA) announced that former India men‘s national team head coach Scott Bills passed/proposed in the Parliament Fleming has joined NBA India as Head of Basketball Union Cabinet cleared the Muslim Women Operations. (Protection of Rights on Marriage) Bill, 2017, or the Gokul Natesan is the 97th pick in the NBA draft to Triple Talaq bill, which makes the practice a non- became only the second Indian-origin player to be bailable offense. It proposes a three-year jail term for signed by an NBA G-League side. Natesan, 23, was men who practice instant Triple Talaq. picked by Canton Charge. Gaganjeet Bhullar had completed a wire-to-wire victory INTERNATIONAL ORGANIZATION IN NEWS & lifted his eighth Asian Tour title at the Macau Open. International Solar Alliance (ISA) has now become a Jitu Rai & Heena Sidhu combined to give India their treaty-based international intergovt.al organization. first gold medal of ISSF World Cup Final in New Delhi ISA is India's global initiative & was jointly launched by in the 10m air pistol mixed team. PM Modi & president of France in November 2015 in India's Amanpreet Singh clinched a bronze medal in an Paris. ISSF World Cup Final, in New Delhi. UNESCO inscribed 'Kumbh Mela' on the Sangram Dahiya won a silver in the ISSF World Cup Representative List of Intangible Cultural Heritage of Final, in New Delhi in the Double trap. Humanity. Ace Indian shooter Heena Sindhu bagged gold in UNESCO inscribed 'Kumbh Mela' on the women's 10m Air Pistol event at Commonwealth Representative List of Intangible Cultural Heritage of Shooting Championships in Brisbane, Australia. Humanity. Pardeep Narwal helped Patna Pirates to third Ministry of Finance appointed former economic affairs consecutive Pro Kabaddi title. secretary Shaktikanta Das as India‘s G20 Sherpa for Atlanta 1996 & Athens 2004 gold medal-winning sailor the Development Track of the grouping. Robert Scheidt (44 years old) announced his retirement UNESCO‘s executive board chose former French from Olympic competition, ending a career that spanned Culture Minister Audrey Azoulay to be the UN a quarter of a century. cultural agency‘s next leader. He succeeds outgoing India's young paddler Selena Selvakumar completed a Director-General Irina Bokova of Bulgaria. golden sweep in the Egypt Junior & Cadet Table Tennis Open, adding the junior girls' singles & doubles titles at SCIENCE & TECHNOLOGY (NASA, ISRO & OTHERS) Sharm El Sheikh in Egypt. China successfully launched remote sensing satellites The Queen's Baton for the 2018 Commonwealth Games designed to conduct electromagnetic probes & other arrived in New Delhi, India. The 2018 Commonwealth experiments. Games will be held in Australia. The 0Baton was India's first wave-powered navigational buoy, received by Indian Olympic Association (IOA) joint developed by the National Institute of Ocean secretary Rakesh Gupta. Technology (NIOT), to guide ships in & out of ports, In a bid to create awareness about para-sports & provide was launched in Chennai, Tamil Nadu at Ennore a platform to para sportspersons to narrate their stories Kamarajar Port, in Chennai. of triumph & adversity, "thenationspride.com", the Joint Polar Satellite System-1 (JPSS-1) for the National country's first portal dedicated to para-sports was Oceanic & Atmospheric Administration (NOAA) was launched by NASA. It is launched for improving the 61 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 accuracy of weather forecasts & Earth observations from The largest-ever floating solar power plant in India California, US. inaugurated by state power minister MM Man at the As per ISRO Satellite Centre Director M. Annadurai, Banasura Sagar dam in Wayanad, Kerala. The solar India will launch ‗Aditya-L1‘, the first Indian mission to power plant that floats on the surface of the water has a study the Sun, by 2019 – 2020. capacity of 500 kilowatts. Space Kingdom of Asgardia launched its first satellite. This so-called ‗virtual nation‘ is the pet project of Russian scientist & billionaire Igor Ashurbeyli. The Asgardia-1 satellite contains half a terabyte of data. Indian Space Research Organization (ISRO) will set up a research centre in Guwahati, Assam for startups, academicians, environmentalists & entrepreneurs.

POWER PLANTS ESTABLISHED The largest-ever floating solar power plant in India inaugurated by state power minister MM Man at the Banasura Sagar dam in Wayanad, Kerala. The solar power plant that floats on the surface of the water has a capacity of 500 kilowatts. SCHEMES

Schemes launched by Union Govt. On 2nd Anniversary of Ujwal DISCOM Assurance Govt. formally launched the ‗Ganga Gram‘ project at the Yojana (UDAY), Govt. of India signed four MoUs Ganga Gram Swachata Sammelan in New Delhi. It is an under the Scheme with the State of Nagaland & with integrated approach for the holistic development of Union Territories (UTs) of Andaman & Nicobar Islands, villages situated on the banks of the holy river with the Dadra & Nagar Haveli & Daman & Diu for operational active participation of villagers. improvements. With an aim to bring the foreign policy to the masses, PM Modi launched Umang mobile application, an External Affairs Ministry come up with an initiative integrated platform for Govt. to citizen services. called SAMEEP - 'Students & MEA Engagement Umang- an acronym for "unified mobile app for new Programme'. Under this, MEA official will talk to age" e-governance - currently hosts around 162 services students to help them better understand foreign policy. from 33 Govt. departments of central & state Govt.s. It The main objective is to take Indian foreign policy & its is developed by Ministry of Electronics & Information global engagements to students across the country. Technology (MEITY). Union Cabinet chaired by PM Modi approved the Centre approved setting up of 'Pradhan Mantri Mahila Ministry of Railways' transformative initiative to set up Shakti Kendras' across 115 most backward districts of India's first ever National Rail & Transport University the country through a new scheme for reaching out to (NRTU) in Vadodara, Gujarat to skill its human resources rural women & facilitating skill development, & build capability. employment, digital literacy, health & nutrition. Govt. CCEA given its approval for a new skill development also approved expanding Beti Bachao, Beti Padhao scheme covering the entire value chain of the textile sector scheme from 161 districts to 640 districts in the country, excluding Spinning & Weaving in organized Sector, titled as well as 150 additional 'one stop centres' for the "Scheme for Capacity Building in Textile Sector survivors of sexual violence along with seven other (SCBTS)" from 2017-18 to 2019-20 with an outlay of Rs. programmes that are part of the umbrella scheme -- the 1300 crore. It will have National Skill Qualification National Mission for Empowerment of Women. The Framework (NSQF) compliant training courses. financial outlay for these schemes from 2017 to 2020 President Kovind, laid the foundation stone of the 'Nyaya will be Rs 3,636.85 crore. Gram project' of the High Court of Allahabad in To provide high-speed broadband service in all Gram Allahabad, Uttar Pradesh. 'Nyaya Gram' is a residential & Panchayats by March 2019, govt. launched its second training complex of Allahabad High Court. & final phase of BharatNet project. It will be A Public Procurement Portal named ‗MSME Sambandh‘ implemented at an outlay of Rs. 34 thousand crores. launched by Shri Giriraj Singh, MoS (IC) for MSME in Communications Minister Manoj Sinha launched New Delhi. The objective is to monitor the implementation Sampoorna Bima Gram (SBG) Yojana & an initiative of Public Procurement from MSEs by C-PSE. for expansion of clientele base of Postal Life Insurance (PLI). Under Sampoorna Bima Gram (SBG) 62 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Yojana, at least one village (with min. 100 households) Rajasthan Govt. launched ‗Dishari‘, an educational will be identified in each of the revenue districts of the mobile application that provides free study materials for country. Coverage of all households is the primary youths preparing for competitive examinations. objective of this scheme. Madhya Pradesh CM Shivraj Singh Chouhan Mahindra & Mahindra has launched a program, inaugurated the ambitious 'Bhavantar Bhugtan Yojna' Prerna, to empower women working in the agriculture for the farmers of the state. Madhya Pradesh is the first sector by promoting efficient & ergonomic farm tools & state to lend money to farmers at zero percent interest. equipment. The project will be initially launched in the MP Govt. implemented the CM's Skill Promotion & state of Odisha, with the intention to positively impact Skills Scheme to provide jobs by providing the lives of over 1,500 families across 30- villages. employment oriented training to the youth. All the President Kovind launched 100 crore rupees Mata youth who are in the age group of 18-35 are being Amritanandamayi Math Project "Jeevamritham "to benefitted through Mukhya Mantri Kaushal provide the filtration system for cleaning drinking water Samvardhan Yojana & Mukhya Mantri Kaushalya to 5000 villages across India, in Kollam district in Kerala. Yojana. MP Govt. permitted Rs 30 crores for constant execution of the scheme from year 2017-18 to 2019-20. Schemes launched by State Govt. Karnataka govt. launched the Rs. 302-crore Mathru Uttar Pradesh launched a free household power Poorna scheme, aimed at providing free mid-day meals connection scheme for the poor in the state to mark to pregnant & lactating women in rural areas. The meals, former PM Atal Bihari Vajpayee‘s birth anniversary. The which will be provided in Anganwadi centres, will scheme is driven by govt.‘s motto ‗Prakash hai include an egg, rice, pulses, vegetables, & milk. This is to Vikas hai‘ (the barometer of development is light). aimed at reducing child malnutrition & in turn curb The govt. also introduced Kisan Uday Yojana, a novel infant mortality. scheme for farmers. Jammu & Kashmir Bank launched a special financial Schemes launched by Ministries scheme for journalists of the state. The scheme "J&K Union Minister of State (I/C) of the Ministry of Bank Sahafat Finance Scheme" was launched by the Development of North Eastern Region (DoNER), Dr bank's chairman & CEO Parvez Ahmad. Jitendra Singh launched the electronic-Human Odisha Govt. launched a scheme named 'Fish Pond Resource Management System (e-HRMS) in New Yojana' to boost fish production in the state with a Delhi.

budgetary provision of Rs 96 crore. It aims to create Union Agriculture & Farmers‘ Welfare Minister, Shri Radha Mohan Singh Livestock Disease additional 2,200 hectare of fresh water aquaculture has launched Forewarning –Mobile Application (LDF-Mobile farming with 50% financial assistance to farmers. App). Pradhan Mantri Sahaj Bijli Har Ghar Yojana The app is developed by ICAR-National Institute (SAUBHAGYA) launched in Manipur, by Union of Veterinary Epidemiology & Disease Informatics Minister of State (IC) for Power & New & Renewable (ICAR-NIVEDI), Bengaluru.

Energy, R.K. Singh & N. Biren Singh, CM, Manipur. To enhance standards of cleanliness on beaches, the Kerala Govt. launched ―She Pad,‘‘ a scheme to distribute environment ministry has launched a pilot project 'Blue free sanitary napkins to girl students from classes VI to Flag' for its clean-up & development. With the prime XII in Govt. & aided private schools affiliated to the state objective of enhancing standards of cleanliness, upkeep school board. & basic amenities at beaches, the ministry has launched President Kovind launched various schemes entailing total a pilot project, also striving for the 'Blue Flag' certification for such identified beaches. expenditure of Rs 3,455 crore in Jharkhand to coincide Minister of Communications Manoj Sinha launched with the state's 17th Foundation Day. He launched Rs. 636- DARPAN- ―Digital Advancement of Rural Post Office crores 'Mukhyamantri Health Insurance Scheme'. He also for A New India‖ Project to improve the quality of launched JOHAR (Jharkhand's Opportunities for service, add value to services & achieve 'financial Harnessing Rural Development) schemes entailing the inclusion' of the unbanked rural population. expenditure of Rs 1,500 crore to help tribal & Dalit families Union Minister of State for Home Affairs, Shri Kiren double their incomes in four years. Rijiju, inaugurated the first national-level training of Goa CM Parrikar launched Jai Kisaan App, a farmer trainers program to sensitize various Central engagement app containing features & functions to fulfill Ministries & Departments on the utilization of Sendai the needs of the farmer community in India. It is a one- Monitor for developing action plans for Disaster Risk stop solution on agricultural information & cultivation, Reduction (DRR) in New Delhi. covering crop nutrition, protection, seeds, & diagnostic Electronics & Information Technology Minister Ravi services. Shankar Prasad launched first NIC-CERT (Computer Emergency Response Teams), a setup of National 63 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Informatics Centre to prevent & predict cyber-attacks benefitting customers of Coal India Limited (CIL) lifting on govt. utilities. coal through road mode. Shri R.K. Singh, Minister of State (IC) for Power & New Union Ministries of Power & Textiles jointly launched & Renewable Energy, launched the Pradhan Mantri an initiative 'SAATHI' (Sustainable & Accelerated Sahaj Bijli Har Ghar Yojana – ‗Saubhagya‘ Web Portal. Adoption of efficient Textile technologies to Help It can be accessed at http://saubhagya.gov.in. small Industries). Under this initiative, Energy Minister of Communications Shri Manoj Sinha launched Efficiency Services Limited (EESL), a public sector entity a Pan India scholarship program for school children under the Union Ministry of Power, will acquire energy called Deen Dayal SPARSH Yojana to increase the efficient Powerlooms, motors & Rapier kits in bulk & reach of Philately. Note: SPARSH (Scholarship for provide them to the small & medium powerloom units. Promotion of Aptitude & Research in Stamps as a In an attempt to end Gender bias in women against Hobby). Under this govt proposed to award annual women, the Ministry of Women & Child Development scholarships to children of Standard VI to IX having is undertaking an online campaign #IamThatWoman. good academic record & also pursuing Philately as a Through the campaign, the Ministry seeks to highlight hobby. The amount of Scholarship will be Rs. 6000/- per the various aspects of women standing 'by' & 'for' annum @ Rs. 500/- per month. women. Shri Piyush Goyal, Union Minister of Railways & Coal has launched ‗Grahak Sadak Koyla Vitaran App‘

MISCELLANEOUS TOPICS Frenchman Francois Gabart smashed the world record INDIAN RAILWAYS/ METRO in India for the fastest non-stop solo navigation of the globe, Indian Railways launched the main arch of the completing the mammoth feat in 42 days, 16 hours, 40 world's highest bridge on the River Chenab in minutes & 35 seconds. Jammu & Kashmir's Reasi district which will provide UNESCO inscribed 'Kumbh Mela' on the direct connectivity to the Kashmir Valley. Representative List of Intangible Cultural Heritage of PM Modi, West Bengal CM Mamta Banerjee & Humanity. Bangladesh PM Sheikh Hasina jointly flagged off The largest-ever floating solar power plant in India ‗Bandhan Express‘, a passenger train between Kolkata inaugurated by state power minister MM Man at the & Bangladesh‘s city of Khulna. It will cover 172 kms Banasura Sagar dam in Wayanad, Kerala. The solar distance between Kolkata & Khulna in four hours. power plant that floats on the surface of the water has a Railways plans to equip all trains with Bio-Toilets by capacity of 500 kilowatts. December 2018. The word 'populism' announced as Cambridge Asia‘s largest Solid-State Interlocking (SSI) system Dictionary's Word of the Year 2017. was installed in Kharagpur by the Indian Railways. The Nation on 3rd December 2017 remembered India's This will enable station masters to set 800 different first President Rajendra Prasad on his 133rd birthday. routes for trains in a matter of minutes. India's first Madame Tussauds wax museum has been opened in New Delhi. INDIA‘S GDP REPORTS President Kovind cleared an ordinance amending the Indian economy is expected to witness cyclical growth Indian Forest Act, 1927. It omits bamboo grown in recovery, with real GDP growth likely to accelerate non-forest areas from the definition of trees, thereby from 6.4 % this year to 7.5% in 2018 & further 7.7% in exempting it from requiring permits for felling or 2019, as per report of Morgan Stanley. transportation. Indian economy is likely to grow by 7.2% in 2018 & Union Agriculture Minister Radha Mohan Singh has 7.4% in 2019 as per the ‗World Economic Situation & sent a proposal to United Nations for declaring 2018 as Prospects 2018‘ report by United Nations Department "International Year of Millets" to raise awareness of Economic & Social Affairs (UN DESA). among consumers, policy makers, industry & research ADB lowered India‘s GDP forecast for the current sector. fiscal by 0.3% to 6.7 %. & 7.3% from March 2018. President Kovind inaugurated International As per Finance Minister, India has recorded an Ambedkar Conclave, organised by the Forum of SC & average growth of 7.5% from 2014-15 to 2016-17. ST Legislators & Parliamentarians, in New Delhi. World's first Sanskrit 3D film 'Anurakthi among the OTHERS main attraction in 3D category at the International VP Naidu inaugurated the Centenary celebrations of Film Festival of India in Panaji in Goa. the Yoga Institute in Mumbai. The iconic Trump Tower comprising 140 ultra-luxury apartments has been launched in Kolkata. 64 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 A grateful nation is paying homage to former PM Indira Youth Forum at Sharam El Shiekh. It was inaugurated Gandhi on her 100th birth anniversary on 19th by the President of Egypt Mr Abdelfateh El Sisi. November 2017. Prince of Wales, Charles Philip Arthur George arrived 210-metre-high statue of Chhatrapati Shivaji Maharaj in New Delhi. This visit is a part of their 10-day tour to received environmental clearance, making it the world‘s Singapore, Malaysia, Brunei & India. The visit is aimed tallest statue, once built. at strengthening bilateral relations between the two Fake news, a term popularised by U.S. President nations. Donald Trump, has been named the word of the year External Affairs Minister Sushma Swaraj held a by Collins dictionary due to its widespread use around meeting with Guinea‘s Foreign Minister, Mamady the world. Toure, during the course of which the latter handed over The annual ‗Balijatra‘ festival was inaugurated by his country‘s instrument accession to the India-initiated Health & Law Minister Pratap Jena at Gadagadia ghat International Solar Alliance (ISA). in Odisha on the banks of river Mahanadi. Petroleum & Natural Gas Minister Dharmendra The world‘s largest combustion research center Pradhan visited Japan to participate in the 6th annual inaugurated at the Indian Institute of Technology, LNG Producers Consumer Conference. Madras (IIT-M) in Tamil Nadu. In her first foreign visit as Defence Minister, Ms. Actor Varun Dhawan will get a wax statue at Madame Nirmala Sitharaman left for the Philippines to attend Tussauds Hong Kong, making him the youngest Indian the Southeast Asian Defence Ministers‘ Meeting. The actor to have his statue at the museum. ADMM (ASEAN Defence Ministers‘ Meeting)-Plus meeting will discuss ways to enhance defense & security Person on Visit cooperation among the member nations. Russia‘s Deputy PM Dmitry Rogozin arrived in New Afghani President Ashraf Ghani was on a national Delhi. He will co-chair the meeting of India-Russia visit to India. During his visit, he met with the president Inter-Govt.al Commission on Trade, Economic, Ram Nath Kovind & PM Modi. India & Afghanistan Scientific, Technological & Cultural Cooperation have agreed to work closely with the regional & (IRIGC-TEC). international partners to further the objective of seeing PM Modi visited Ockhi affected Lakshwadeep, Tamil Afghanistan emerge as a stable, peaceful, united & Nadu & Kerala to take stock of the situation, meets prosperous nation. affected people. He announced the relief package of Rs PM of Italy Paolo Gentiloni arrived in New Delhi on a 325 crore for all 3 states & ex-gratia assistance of Rs. 2 two-day visit to India. The visit is aimed at lakh to the next of kin of the deceased. strengthening the bilateral political & economic relations Commerce & Industry Minister Suresh Prabhu is in between the two countries. Buenos Aires, Argentina to attend the 11th Ministerial President of European Council, Donald Franciszek conference of the World Trade Organization (WTO). Tusk & President of the European Commission, Jean- Singapore Defence minister Ng Eng Hen was in India Claude Juncker will be on a three-day visit to India to & signed the agreement with Defence Minister hold the 14th India-EU Summit in New Delhi. Seetharaman. External Affairs Minister Sushma Swaraj attended the Important MoU‘s Approved by the Cabinet under PM Shanghai Cooperation Organization summit at Sochi in Modi Russia. The Union Cabinet chaired by PM Shri Narendra Modi has PM Modi met Sri Lankan PM Ranil Wickremesinghe. given the following set of approvals. The full list of Sri Lankan PM, who arrived in India on a four-day visit, Cabinet Approvals are as follows: will hold bilateral talks with PM Modi & will also call Memorandum of Cooperation (MoC) between India & upon President Ram Nath Kovind. Japan on the "Technical Intern Training Program PM Narendra Modi reached the Philippines capital (TITP)" Manila. He will be attending the 31st ASEAN, the East Signing of the MoC between India & Japan on Asia & the India-ASEAN annual Summits. establishing a Liquid, Flexible & Global LNG Market King of Bhutan, Jigme Khesar Namgyel Wangchuck MoU between SEBI & Financial Services Commission arrived in New Delhi. He was accompanied by his wife, (FSC), . Queen Gyaltsuen Jetsun Pema Wangchuck. MoU between India & Belarus for Cooperation in the

President of Armenia, Serzh Sargsyan arrived in New field of Vocational Education & Training Delhi. He attended the World Food India Conference Signing of MoU between Securities & Exchange Board 2017. of India (SEBI) & Capital Markets Authority (CMA), Minister of State (IC) Youth Affairs & Sports Col. Kuwait. Rajyavardhan Rathore visited Egypt to attend World 65 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 International Association of Marine Aids to Territory funded Institutions/Universities conducting Navigation & Lighthouse Authorities (IALA) to Teacher Education Courses without NCTE recognition change its status from Non-Govt.al Organization to till the academic year 2017-2018. Inter-Govt.al Organization. MoU between India & Morocco on cooperation in the field of water resources Revised pay scales of teachers & equivalent academic staff in Universities/Colleges & centrally funded technical institutions. SANKALP & STRIVE Schemes to boost Skill India Mission. Trade Agreement between India & Ethiopia for strengthening & promoting trade & economic cooperation. Signing an Agreement between India & Armenia on cooperation & mutual assistance in customs matters. Amendment in the National Council for Teacher Education Act, 1993- The amendment seeks to grant retrospective recognition to the Central/State/Union

BANKING AWARENESS CAPSULE FOR IBPS CLERK MAINS 2018

List of Mergers in the Indian Banking Industry Bank of Baroda Benares State Bank 2002 The Bank which The Bank which got Year of ICICI Bank ICICI Limited 2002 acquired Merged Merger Limited State Bank of 5 SBI‘s Associate 2017 ICICI Bank 2001 India Banks & Bharatiya HDFC Bank 2000 Mahila Bank Union Bank of Sikkim Bank 1999 Kotak Mahindra ING Vysya Bank 2016 India Bank State Bank of Kashinath State 1995 ICICI Bank 2010 India Bank State Bank of 2009 Bank of India Bank of Karad 1994 India Punjab National Bank New Bank of 1993 State Bank of State Bank of 2008 India India Saurashtra State bank of Bank of Cochin 1985 HDFC Bank Centurion Bank of 2008 India Punjab Canara Bank Lakshmi 1985 Centurion Bank 2007 Commercial Bank of Punjab Head Office of Small Finance Banks Indian Overseas Bharat Overseas 2007  Au Financiers (India) Ltd., Jaipur Bank Bank  Capital Local Area Bank Ltd., IDBI Bank United Western 2006  Disha Microfin Private Ltd., Ahmedabad Bank Ltd.  Equitas Holdings P Limited, Chennai Federal Bank Ganesh Bank of 2006  ESAF Microfinance & Investments Private Ltd., Kurundwad Registered Office- Chennai, Corporate Office- Thrissur Centurion Bank Bank of Punjab 2005 (Kerala) (BoP)  Janalakshmi Financial Services Private Limited, IDBI Bank IDBI Limited 2005 Bengaluru Limited  RGVN (North East) Microfinance Limited, Guwahati Oriental Bank of Global Trust Bank 2004  Suryoday Micro Finance Private Ltd., Navi Mumbai Commerce (GTB)  Ujjivan Financial Services Private Ltd., Bengaluru  Utkarsh Micro Finance Private Ltd., Varanasi Punjab National 2003 Bank 66 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 Head Office Payment Banks (TSPs)‖ on their mobile phone&transact through an  Aditya Birla Nuvo Limited- Veraval, Gujarat interactive menu displayed on the mobile screen.  Airtel M Commerce Services Limited- Registered Office- New Delhi, Corporate Office- Gurugram, Overview of *99*99# Service Haryana *99*99# is a USSD (Unstructured Supplementary Service  Cholamandalam Distribution Services Limited- Data) based value added service from NPCI that facilitates Chennai the customers to check the status of his/her Aadhaar  Department of Posts (IPPB)- New Delhi number seeding/linking in the bank account. The service  Fino PayTech Limited- Navi Mumbai works across all GSM service providers&brings together  National Securities Depository Limited- Mumbai the diverse ecosystem partners such as Banks & TSPs  Reliance Industries- Mumbai (Telecom Service Providers).  Vodafone m-pesa Limited- Mumbai MMID A Brief on NPCI MMID stands for Mobile Money Identifier. MMID is a 7- National Payments Corporation of India (NPCI) is an digit code issued by the bank to their customers for umbrella organization for all retail payments system in availing IMPS. India. It was incorporated in December 2008&the Certificate of Commencement of Business was issued in A Brief on QSAM April 2009. The authorized capital was pegged at Rs 300 *99*99# service, is alternatively known as QSAM (Query crore&paid up capital was Rs 100 crore. Service on Aadhaar Mapper). Using this service, a person B.Sambamurthy- Interim Chairman. can check the Aadhaar seeding/linking status in his/her bank account. A Brief on BHIM Bharat Interface for Money is an app that lets you A Brief on NACH make simple, easy&quick payment transactions using NPCI implemented ―National Automated Clearing House Unified Payments Interface (UPI). This can be done (NACH)‖ for Banks, Financial Institutions, using just Mobile number or Virtual Payment Address Corporates&Govt., is a web based solution to facilitate (VPA). Currently it is available in 12 languages. interbank, high volume, electronic transactions which are Virtual Payment Address (VPA) is a unique identifier repetitive&periodic in nature. NACH System can be used which you can use to send&receive money on UPI. for making bulk transactions towards distribution of Amount of money that can be sent using BHIM is subsidies, dividends, interest, salary, pension etc. for bulk uptoRs 10,000 per transaction&a maximum of Rs transactions towards collection of payments pertaining to 20,000 per day for one bank account. telephone, electricity, water, loans, investments in mutual funds, insurance premium etc. A Brief on UPI- 2016 NACH‘s Aadhaar Payment Bridge (APB) System, Unified Payments Interface is an instant payment developed by NPCI has been helping the Govt.&Govt. system developed by NPCI. UPI is built over the IMPS Agencies in making the Direct Benefit Transfer scheme a infrastructure&allows you to instantly transfer money success. between any two parties' bank accounts. UPI-PIN is a 4-6 digit pass code you create/set during BBPS first time registration with this App. Bharat Bill Payment System (BBPS) will function as a The upper limit per UPI transaction is Rs. 1 Lakh. tiered structure for operating the bill payment system in the country under a single brand image. Immediate Payment Service (IMPS) NPCI will function as the authorized Bharat Bill Payment It was launchedin 2010. IMPS offers an instant, 24X7, Central Unit (BBPCU), which will be responsible for interbank electronic fund transfer service through mobile setting business standards, rules&procedures for phones. technical&business requirements for all the participants.

Overview of *99# Service Priority Sector Lending Certificates (PSLCs) *99# service launched by NPCI, which works on These are a mechanism to enable banks to achieve the Unstructured Supplementary Service Data (USSD) priority sector lending target&sub-targets by purchase channel. This service was launched in 2014. Banking of these instruments in the event of shortfall. This also customers can avail the service by dialing *99#, a incentivizes surplus banks as it allows them to sell ―Common number across all Telecom Service Providers their excess achievement over targets thereby

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 enhancing lending to the categories under priority Liquidity risk: Liquidity risk is the risk of a bank not sector. being able to have enough cash to carry out its day-to-day All PSLCs will be valid till March 31st&will expire on operations. April 1st. Reputational risk—when banks lose the public‘s trust There are only four eligible categories of PSLCs i.e. It is the risk of damage to a bank‘s image&public standing PSLC General, PSLC Small&Marginal Farmer, PSLC that occurs due to some dubious actions taken by the Agriculture & PSLC Micro Enterprises. bank. Business Risk: Business risk is the risk arising from a A brief on ACU bank‘s long-term business strategy. It deals with a bank Asian Clearing Union (ACU) was established with its not being able to keep up with changing competition head-quarters at Tehran, Iran, on December 9, 1974. dynamics, losing market share over time, & being closed The Central Banks&the Monetary Authorities of or acquired. Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan&Sri Lanka are currently the members Sectors in the Indian Economy of the ACU. Indian Economy is normally categorized into three sectors Asian Monetary Units (AMUs) is the common unit of namely - account of ACU&is denominated as ‗ACU 1. Primary Sector 2. Secondary Sector Dollar‘&‗ACU Euro‘. All instruments of payments 3. Tertiary Sector under ACU have to be denominated in AMUs. 1. Primary Sector Rupee Denominated Bonds Primary Sector is directly dependent on environment for Any corporate (entity registered as a company under the manufacture&production. For example, agriculture, Companies Act, 1956/ 2013) or body corporate (entity mining, farming etc. specially created out of a specific act of the Parliament) 2. Secondary Sector &Indian banks are eligible to issue Rupee denominated Secondary Sector adds value to the proud by transforming bonds overseas. Real Estate Investment Trusts raw materials into valuable products. For example, (REITs)&Infrastructure Investment Trusts (InvITs) coming processing & construction industries. under the regulatory jurisdiction of SEBI are also eligible. 3. Tertiary Sector/Service Sector The minimum maturity period for such bonds will be 3 Tertiary Sector is involved in production&exchange of years. services. For example, transportation, communication, & other services of such kind. Risk in Banking Sector Tertiary Sector is also known as Services Sector as it Banking risk can be defined as exposure to the uncertainty facilitates the production&exchanges of services. of outcome. It is applicable to full-service banks like SBI, PNB & Others. National Institute of Bank Management (NIBM) Types of bank risks It was established in 1969 by RBI, in consultation with 1. Credit risk 4. Market risk the Govt. of India, as an autonomous apex institution for 2. Operational risk 5. Liquidity risk research, training, education&consultancy in bank 3. Business risk 6. Reputational risk management. Its mandate is to play a proactive role of Credit risk: It usually occurs because of inadequate ―think-tank‖ of the banking system. The Governor of RBI income or business failure. Credit risk signifies a decline in is the Chairman of the Governing Board. It is situated at the credit assets‘ values before default that arises from the Pune, Maharashtra. deterioration in a portfolio or an individual‘s credit quality. Electronic Funds Transfer at Point of Sale (EFTPOS) Market risk: Basel Committee on Banking Supervision EFTPOS is the method for paying for goods or services defines market risk as the risk of losses in on- or off- without needing to carry cash. balance sheet positions that arise from movement in market prices. Market risk is the most prominent for banks Small Finance Banks present in investment banking. The objective is to further financial inclusion by (a) Operational risk: Basel Committee on Banking provision of savings vehicles,(b) supply of credit to Supervision defines operational risk ―as the risk of loss small business units; small&marginal farmers; resulting from inadequate or failed internal processes, micro&small industries;&other unorganised sector people&systems or from external events. Operational risk, entities, through high technology-low cost operations. the risk in all banking transactions It shall primarily undertake basic banking activities of acceptance of deposits&lending to unserved & 68 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 underserved sections including small business units, financial assistance to banks. It provides export credit small&marginal farmers, micro&small industries refinance, Liquidity Adjustment Facility&MSF. &unorganised sector entities. The minimum paid-up Controller of Banks: An entity which is to conduct equity capital is Rs. 100 crores. banking business in India has to obtain license from RBI. It The promoter's minimum initial contribution to the acts as controller of banks by including the banks in 2nd paid-up equity capital of such small finance bank shall Schedule of the Act. It issues directions, carries inspection at least be 40 %&gradually brought down to 26 % (on-site as well as off-site) &exercises management control. within 12 years from the date of commencement of Controller of credit: RBI can fix interest rates (including business of the bank. Bank Rate)&exercise selective credit controls. Various tools such as change in cash reserve ratio, stipulation of margin Payments Banks on securities, directed credit guidelines etc. are used for The objective is to further financial inclusion by this purpose. It also carries sale&purchase of securities providing (i) small savings accounts(ii) which are known as open market operations. payments/remittance services to migrant labour Maintenance of external value: RBI is responsible also for workforce, low income households, small businesses, maintaining external value of Indian currency as well as other unorganised sector entities&other users. the internal value. Foreign exchange reserves are held by Scope of activities: Acceptance of demand deposits. It RBI&it has a wide power to regulate foreign exchange will initially be restricted to holding a maximum transactions under Foreign Exchange Management Act. balance of Rs. 100,000 per individual customer. It cannot undertake lending activities. Apart from BANKING REGULATION ACT 1949 amounts maintained as CRR on its outside demand& a) Passed as the Banking Companies Act 1949 (came into time liabilities, it will be required to invest minimum force wef 16.3.49&changed to Banking Regulation Act 1949 75% of its "demand deposit balances" in SLR w.e.f. 01.03.66, it was made applicable to J & K in 1956 eligible. The minimum paid-up equity capital shall (and now applicable throughout India). be Rs. 100 crore. b) The Act is not applicable to primary agricultural credit The promoter's minimum initial contribution to the societies, cooperative land mortgage banks&non- paid-up equity capital of such payments bank shall at agricultural primary credit societies. least be 40 % for the first five years from the commencement of its business. SCHEDULED BANK a) As per Sec 2 (e) of RBI Act, a scheduled bank means a Reserve Bank of India (RBI) bank who is included in 2nd schedule of RBI Act 1934. i. RBI established on April 1, 1935 under RBI Act 1934 b) A scheduled bank should satisfy the conditions which (recommendations of John Hilton Young include paid-up capital&reserves requirement of not less Commission 1926 – called Royal Commission on than Rs. 5 lac, satisfaction of RBI that the affairs will not be Indian Currency&Finance), is the central bank of the conducted by the bank in a way to jeopardize the interests country&wasnationalisedw.e.f Jan 01,1949. of the depositor. (Commercial, Rural&many State Coop ii. Originally it was a shareholders‘ bank which was Banks are classified as Scheduled Banks). taken over by the Central Govt. under Reserve Bank c) A bank that is not included in the 2nd Schedule of RBI is (Transfer of Public Ownership) Act 1948 (paid up called Non-scheduled Bank. capital Rs. 5 cr). iii. RBI‘s central office is in Mumbai. Total No. of Banks (As per IBA Website) Total PSBs: 22 (IPPB is 100% Equaty of GoI) Functions of RBI: Total Private Sector Banks: 24, If we include Payment & Issuance of currency: RBI is the authority in India to issue Small Bank (7) then it is 31. currency notes (called bank notes) under signatures of RRB‘s: 56 | Foreign Banks: 46 | Cooperative Banks: 42 Governor. (One rupee note called currency note is issued by the Central Govt.&signed by Finance Secretary). The IMPORTANT POINTS ON RBI stock of currency is distributed with the help of currency RBI is not expected to perform the function of chests spread all over the country. accepting deposits from the general public. Banker to Govt.: RBI transacts govt. business&manages Prime lending rate is decided by the individual banks. public debt. SBI or any other bank is appointed Agent RBI decides the following rates namely; Bank rate, where RBI does not have office. It provides Ways & Means repo rate, reverse repo rate&cash reserve ratio. advances to Govt. The quantitative instruments of RBI are – bank rate Bankers‘ bank: It keeps a part of deposits of commercial policy, cash reserve ratio&statutory liquidity ratio. banks (as CRR) & acts as lender of last resort by providing 69 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 The objective of monetary policy is to control inflation; The rate of interest on savings bank account varies from discourage hoarding of commodities&encourage flow bank to bank&also changes from time to time. Interest rate of credit into neglected sector. is paid to the account holders on daily balance basis. When RBI is lender of the last resort, it means that RBI Current Deposit Account advances credit against eligible securities. This account is mainly for big businessmen, GOI decides the quantity of coins to be minted. companies&institutions, since there are no restrictions The method which is used currently in India to issue on number of withdrawals from this type of account. currency note – minimum reserve system. For issuing From this withdrawal can be made any number of notes, RBI is required to hold the minimum reserves of times. Rs. 200 crore of which note less than Rs. 115 crore is to For the convenience of the account holders banks also be held in gold. allow withdrawal of amounts in excess of the balance of deposit. This facility is known as overdraft facility. POLICY RATES Fixed Deposit Account (also Term Deposit Account) Current Reserve Ratios & Policy Rates Money is deposited in a fixed deposit account to earn Bank Rate 6.25% interest at a higher rate. Repo Rate 6.00% Recurring Deposit Account Reverse Repo Rate 5.75% The rate of interest allowed on the deposits in this CRR 4.00% account is higher than that on a savings bank deposit SLR 19.50% but lower than the rate allowed on a fixed deposit for MSF 6.25% the same period. Important points to remember Repo Rate a) Minimum age to open a bank account is now 10 years. Repo rate is the rate of interest which is levied on Short- b) Maximum Interest rate is given on FD A/c. Term loans taken by commercial banks from RBI. c) The maximum period of an FD is 10 years & for RD is 10 Whenever the banks have any shortage of funds they can years. borrow it from RBI. Reverse Repo Rate INTEREST RATE ON BANK ACOUNTS This is exact opposite of Repo rate. Reverse repo rate is the A) Some points related to Interest Rates on Bank rate at which commercial banks charge on their surplus Accounts {Differential rate of interest (DRI)} funds with RBI. RBI uses this tool when it feels there is too Interest on Savings A/c is calculated on daily balance much money floating in the banking system. basis.

SLR Rate Now, All SCBs (Excluding RRBs) have the discretion to Statutory Liquidity Ratio is the amount a commercial bank offer differential interest rates based on whether the needs to maintain in the form of cash, or gold or Govt. term deposits are with or without-premature- approved securities (Bonds) before providing credit to its withdrawal-facility, subject to the following guidelines: customers. a) All term deposits of individuals (held singly or jointly) It is determined as the %age of total Net Demand&Time of Rs.15 lakh&below should, necessarily, have Liabilities (NDTL). premature withdrawal facility. Bank Rate b) For all term deposits other than (i) above, banks can It is defined in Sec 49 of RBI Act 1934 as the ‗standard rate offer deposits without the option of premature at which RBI is prepared to buy or rediscount bills of withdrawal as well. exchange or other commercial papers eligible for purchase c) Banks should disclose in advance the schedule of under this act‘. interest rates payable on deposits i.e. all deposits CASH RESERVE RATIO mobilized by banks should be strictly in conformity CRR refers to the ratio of bank‘s cash reserve balances with the published schedule. with RBI with reference to the bank‘s net demand&time liabilities to ensure the liquidity&solvency of the B) Taxation of Savings Bank Interest rates: scheduled banks. Unlike interest on fixed deposits, interest earned on savings bank accounts is not subject to Tax Deduction ACCOUNTS IN A BANK at Source. However, this does not mean the interest a) Savings Bank Account b) Current Deposit Account earned on Savings accounts is completely tax free. It is c) Fixed Deposit Account d) Recurring Deposit a/c exempt uptoRs. 10,000 in a year,&if the interest you Savings Bank Account earn from Savings accounts crosses this threshold, it becomes subject to tax.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 Inoperative & Dormant Accounts RBI clarified on 30.10.09 that SB account can be treated as 3. Crossed Cheque inoperative account only after 2 years from the date of the Crossing of cheque means drawing two parallel lines on last credit entry of interest on Fixed Deposit account, the face of the cheque with or without additional words where FD interest is being credited to SB account or where like "& CO." or "Account Payee" or "Not Negotiable". A dividend on shares is being credited). crossed cheque cannot be encashed at the cash counter of a bank but it can only be credited to the payee's account. TERMS RELATING TO DEPOSITS Unclaimed Deposits: The banks are to furnish to RBI a 4. Ante-Dated Cheque statutory annual return (penalty for delay) for unclaimed If a cheque bears a date earlier than the date on which it is accounts which have not been operated for a period of 10 presented to the bank, it is called as "ante-dated cheque". years or more in December every year u/s 26 of RBI Act. Such a cheque is valid upto 3 months from the date of the Demand liabilities cheque.

Current deposits, Demand liabilities portion of saving 5. Post-Dated Cheque deposits, margins held against LC/LG, Balances in If a cheque bears a date which is yet to come (future date) overdue FD, cash certificate&RD, Outstanding TTs, MTs & then it is known as post-dated cheque. A post dated DDs, Unclaimed deposits, Credit balance in CC a/c & cheque cannot be honoured earlier than the date on the Deposits held as security for loan payable on demand. cheque. Time liabilities 6. Stale Cheque FDs, cash certificate, cumulative & RDs, time liabilities If a cheque is presented for payment after 3 months from portion of saving bank deposits, staff security deposits, the date of the cheque it is called stale cheque. A stale margins against LC not payable on demand, deposit held cheque is not honoured by the bank. as securities for advances&India Dev Bonds. 7. A self cheque NEGOTIABLE INSTRUMENTS ACT 1881 A self cheque is written by the account holder as pay self In India the Negotiable Instruments Act was passed to receive the money in the physical form from the branch during 1881 which came into force wef March 01, 1882. where he holds his account.

CHEQUE 8. ―A truncated cheque‖ means a cheque which is A cheque is (a) a bill of exchange (b) drawn on a specified truncated during the course of a clearing cycle, either by bank&(c) not expressed to be payable otherwise than on the clearing house or by the bank whether paying or demand. It includes electronic image of a truncated receiving payment, immediately on generation cheque&also an electronic cheque. of an electronic image for transmission. The expression ―clearing house‖ means the clearing house AMOUNT OF A CHEQUE managed by the RBI or a clearing house recognised as Where amount of a cheque differs in words&figures, as such by the RBI.‘ per Section 18, amount written in words should be paid irrespective of the fact, which amount is less or more. Parties of a Cheque: There are three parties to the cheque Types of Cheque Drawer or Maker 1. Bearer Cheque or open Cheque The bank - on whom the cheque is drawn (i.e. the bank When the words "or bearer" appearing on the face of the with whom the account is maintained by the drawer) cheque are not cancelled, the cheque is called a bearer Payee – Payee is the person whose name is mentioned cheque. The bearer cheque is payable to the person on the chequeto whom or to whose order the money is specified therein or to any other else who presents it to the directed to be paid. bank for payment. 2. Order Cheque ENDORSEMENT When the word "bearer" appearing on the face of a cheque As per Section 15, endorsing means signing on the face or is cancelled & when in its place the word "or order" is backside of an instrument (or even on a paper called written on the face of the cheque, the cheque is called an Allonge or stamped paper), for the purpose of negotiating order cheque. Such a cheque is payable to the person (transferring to next person) a negotiable instrument. specified therein as the payee, or to any one else to whom Endorsement in full it is endorsed (transferred). 71 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 If an endorser signs his name&adds a direction to pay the It cannot be issued as payable to bearer (Sec. 31 RBI amount mentioned in the instrument to, or to order of, a Act). specified person, the endorsement is said to be in full. If a bank fails to honour a bank draft, it renders itself Blank endorsements can be converted into full. liable for damages. Similarly, omission of signatures or wrong signatures can also make the bank liable. Restrictive endorsement By prior arrangement, the paying bank could be a Where an endorsement prohibits & restricts further different bank also. negotiability of the instrument, it is called restricted endorsement. The words ‗Pay to Ashish only‘ or ‗Pay to Ashish for my use‘ or ‗Pay to Ashish for account of B‘, are the cases of restrictive endorsement. Crossing Crossing of a cheque means two parallel transverse lines on the face with or without words, such as ‗& Co‘, ‗not- negotiable‘, ‗payee‘s account only‘ etc. The words without lines will not constitute crossing. Such instruments should not be paid as drawer‘s mandate is not clear. Crossing is applicable in case of cheques & demand draftonly & does not cover BOE or promissory note.

TYPES OF CROSSING General crossing (sec 123) General crossing is where a cheque bears across its face two parallel transverse lines (with or without words such as ―& co‖ or any abbreviation. (Words not important, lines are). Special crossing (sec 124) Where a cheque bears across its face, name of bank, either with or without the words not-negotiable (lines are not important, the addition of name of the bank is important), that addition shall be deemed as special crossing & the cheque be considered to be crossed specially to banker. BANKING OMBUDSMAN SCHEME 2006 The Scheme enables a bank customer for filing of Special Crossing in favour more than one bank complaints relating to certain services rendered by banks. As per Section 127, if a cheque is crossed specially to more 1) The Banking Ombudsman is a senior official than one bank (unless one bank is acting as collecting appointed by the Reserve Bank of India to redress agent to another), the payment shall be refused. A cheque customer complaints against deficiency in certain crossed to two or more branches of the same bank is banking services. considered to be crossed to one bank only. 2) All Scheduled Commercial Banks, Regional Rural Banks&Scheduled Primary Co-operative Banks are Not negotiable crossing covered under the Scheme. As per Section 130, a person taking a cheque crossed 3) The Banking Ombudsman does not charge any fee for generally or specially bearing the words ‗not negotiable‘ filing&resolving customers‘ complaints. shall not have not be capable of giving a better title to the 4) The maximum compensation which a BO can help a cheque than that, which ther p erson from whom he took complainant to get is Rs. 20 lakhs. it, had. 5) If a complaint is not settled by an agreement within a period of one month, the BO proceeds further to pass Demand Drafts an award. Before passing an award, the BO provides Demand draft is defined as per Section 85 (a) of NI Act reasonable opportunity to the complainant&the bank, 1881 as an order to pay money drawn by one office of a to present their case. bank upon another office of the same bank for a sum of 6) If one is not satisfied with the decision passed by the money payable to order on demand. BO, one can approach the appellate authority who is Important features of a demand draft are: the Deputy Governor of the RBI. It is payable to order on demand (85-A NI Act). 72 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 FINANCIAL INCLUSION of cheques drawn by Central/State Govt. agencies & Financial inclusion involves departments; 1) Give formal banking services to poor people in urban & While there will be no limit on the number of deposits rural areas. that can be made in a month, account holders will be 2) Promote habit of money-savings, insurance, pension- allowed a maximum of four withdrawals in a month, investment among poor-people. including ATM withdrawals. 3) Help them get loans at reasonable rates from normal Facility of ATM card or ATM-cum-Debit Card. banks. So they don‘t become victims in the hands of local moneylender. Business Correspondent BCs are bank representatives. They personally go to Some Important initiatives for Financial Inclusion area allotted to them&carry out banking. They help Lead banking scheme (LBS). villagers to open bank accounts, in banking No frills account. transactions etc. BSBDA Business Correspondents get commission from bank Business Correspondents (BC) system. for every new account opened, every transaction made Swabhiman Campaign via them, every loan-application processed etc. PMJDY LENDING RATES Lead Bank Scheme Base Rate Lead Bank Scheme, introduced towards the end of RBI decided that banks should switch over to Base 1969, envisages assignment of lead roles to individual Rate system w.e.f. 1.7.2010. banks (both in public sector&private sector) for the Banks may determine their actual lending rates w.r.t. districts allotted to them. Base Rate. A bank having a relatively large network of branches No loan can be sanctioned below base rate. in the rural areas of a given district&endowed with Exempted accounts: The following loans could be adequate financial&manpower resources has generally priced without reference to Base Rate: (a) DRI loans (b) been entrusted with the lead responsibility for that loans to banks‘ own employees (c) loans to banks‘ district. Accordingly, all the districts in the country depositors against their own deposits. have been allotted to various banks. The lead bank acts as a leader for coordinating the Marginal Cost Based Lending Rate efforts of all credit institutions in the allotted districts. RBI introduced MCLR w.e.f. 1.4.2016 to determine Base Rate by banks to improve the efficiency of No Frill Account monetary policy transmission. 'No Frills 'account is a basic banking account. Such All rupee loans sanctioned&credit limits renewed account requires either nil minimum balance or very w.e.f. 01.04.16 to be priced w.r.t. MCLR. It will be low minimum balance. Charges applicable to such internal benchmark. accounts are low. The MCLR comprises of (a) Marginal cost of funds; (b) The RBI in 2005-06 called upon Indian banks to design Negative carry on account of CRR; (c) operating costs; a ‗no frills account‘ – a no precondition, low (d) Tenor premium. ‗minimum balance maintenance‘ account with Marginal Cost of funds (MCF): It has 2 components (a) simplified KYC (Know Your Customer) norms. Marginal cost of borrowings (b) return on networth. But all the existing ‗No-frills‘ accounts opened were By using MCF, it will be calculated as: converted into BSBDA in compliance with the Required CRR × (marginal cost) / (1-CRR) guidelines issued by RBI in 2012. Exemptions from MCLR BSBDA loans under schemes of Govt. of India wherein banks In 2012, RBI introduced BSBDA. Some important points have to charge interest rate as per the scheme. are: Working Capital Term Loan, Funded Interest Term This account shall not have the requirement of any Loan etc. as part of rectification/restructuring minimum balance. package. The services available in the account will include: Loans under various refinance schemes of Govt. of deposit&withdrawal of cash at bank branch as well as India or any Govt. Undertaking wherein banks charge ATMs; receipt/credit of money through electronic interest at the rates prescribed under the schemes. payment channels or by means of deposit/collection The following loans can be priced without being linked to MCLR : 73 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 a) Loan to depositors against their own deposits. d) Fixed rate loans. In case of hybrid loans where the b) Loan to banks‘ employees&Chief Executive interest rates are partly fixed&partly floating, interest Officer/Whole Time Directors. rate on the floating portion should adhere to the MCLR c) Loans linked to a market determined external guidelines. benchmark.

HANDY NOTES BANKING: PRIORITY SECTOR LENDING It means provide credit to the needy sectors of the society. landholding of more than 1 hectare & upto 2 hectares The sectors are: are considered as Small Farmers. • Agriculture • Micro&Small Enterprises SCB having any shortfall in lending to priority sector • Education • Housing shall be allocated amounts for contribution to Rural • Export • Weaker Sections Infrastructure Development Fund with NABARD. • Social Infrastructure • Renewable Energy For Renewable Energy, bank loans up to a limit of Rs.15 crore to borrowers for purposes like solar based Targets under PSL power generators, etc. For individual households, the Agriculture: 18% of ANBC (Adjusted Net Bank loan limit will be Rs.10 lakh per borrower. Credit). Out of this 18%, a target of 8% of ANBC is for For Housing, banks can provide loans to individuals Small & Marginal Farmers, to be achieved in a phased up to Rs. 28 lakh in metropolitan centres (with manner i.e., 7% by March 2016 & 8% by March 2017. population of ten lakh&above) & loans up to Rs. 20 Weaker Sections: 10 % of ANBC. lakh in other centres for purchase/construction of a Micro Enterprises: 7.5% of ANBC has been prescribed dwelling unit per family. for Micro Enterprises, to be achieved in a phased Export credit will be allowed up to 32% of ANBC for manner i.e. 7% by March 2016 & 7.5% by March 2017. Foreign banks with less than 20 branches in India. Overall PSL Target for Domestic Bank/Foreign Bank For Education, banks can provide loans to individuals with more than 20 Branches: 40% of ANBC. for educational purposes including vocational courses Overall PSL Target for Foreign Bank with less than 20 uptoRs. 10 lakh for studies in India&Rs. 20 lakh for Branches: 40% of ANBC to be achieved in phased studies abroad. manner Limits under Social infrastructure Bank loans up to a 2017-18 36 limit of Rs.5 crore per borrower for building social 2018-19 38 infrastructure for activities namely schools, health care 2019-20 40 facilities, drinking water facilities&sanitation facilities in Tier II to Tier VI centres. Categorization of MSME according to MSME ACT 2006 Manufacturing Sector (Goods) Monitoring of Priority Sector Lending targets Enterprises Investment in plant&machinery To ensure continuous flow of credit to priority sector, Micro Does not exceed twenty five lakh rupees there will be more frequent monitoring of priority sector Enterprises lending compliance of banks on ‗quarterly‘ basis instead of Small More than twenty five lakh rupees but annual basis as of now. Non-achievement of Priority Sector targets Enterprises does not exceed five crore rupees Scheduled Commercial Banks having any shortfall in Medium More than five crore rupees but does not lending to priority sector shall be allocated amounts Enterprises exceed ten crore rupees for contribution to RIDF established with

NABARD&other Funds with NABARD/NHB/SIDBI, Service Sector as decided by the Reserve Bank from time to time. Enterprises Investment in equipment The interest rates on banks‘ contribution to RIDF or Micro Enterprises Does not exceed ten lakh rupees any other Funds, tenure of deposits, etc. shall be fixed Small Enterprises More than ten lakh rupees but by Reserve Bank of India from time to time. does not exceed two crore rupees

Medium Enterprises More than two crore rupees but RBI revises priority sector lending norms for RRBs does not exceed five crore rupees Salient features of the guidelines:- Targets: 75 % of total outstanding to the sectors Other Targets under PSL eligible for classification as priority sector lending. Farmers with landholding of up to 1 hectare are Categories of the Priority Sector: Medium considered as Marginal Farmers. Farmers with a Enterprises, Social Infrastructure&Renewable Energy 74 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 will form part of the Priority Sector, in addition to the financial assets financial assets existing categories, with a cap of 15% of total Maturity period less than Maturity period beyond outstanding. one year one year Agriculture: 18% of total outstanding should be Deals over the counter Deals at stock exchange advanced to activities mentioned under Agriculture. No. of players limited No. of players unlimited Small & Marginal Farmers: A target of 8% of total Regulated by RBI Regulated by SEBI outstanding has been prescribed for Small&Marginal Farmers within Agriculture. Major money market Instruments Micro Enterprises: A target of 7.5 % of total Certificate of Deposit (CD) outstanding has been prescribed for Micro Enterprises. Commercial Paper (CP) Weaker Sectors: A target of 15 % of total outstanding Inter Bank Participation Certificates has been prescribed for Weaker Sections. Inter Bank term Money Monitoring: Priority Sector Lending will be monitored Treasury Bills on a quarterly as well as annual basis. Bill Rediscounting Note: The revised guidelines will be operational with Call/Notice Money effect from Jan 2016. Terms relating to Money Market REVERSE MORTGAGE LOAN Call Money Money lent or borrowed for one day The scheme of reverse mortgage has been introduced for Notice Money Money lent or borrowed for a period the benefit of senior citizens owning a house but having of 2-14 days. inadequate income to meet their needs. Some important Term Money Money lent or borrowed for 15 daysto features of reverse mortgage are: 1 year. A homeowner who is above 60 years of age is eligible Yield to Expected rate of return on an existing for reverse mortgage loan. It allows him to turn the maturity security purchased for the market. equity in his home into one lump sum or periodic Coupon Rate Specified interest rate on a fixed payments mutually agreed by the borrower&the banker. maturity security fixed at the time of NO REPAYMENT is required as long as the borrower issue. lives, Borrower should pay all taxes relating to the house&maintain the property as his primary residence. CALL/NOTICE MONEY MARKET OPERATIONS The amount of loan is based on several factors: Under call money market, funds are transacted on Borrower‘s age, overnight basis & under notice money market, for 2 Value of the property days to 14 days. Current interest rates & Participants include banks (excluding RRBs) & The specific plan chosen. Primary Dealers (PDs), both as borrowers & lenders. As per the scheme formulated by National Housing Non-bank institutions are not permitted in the Bank (NHB), the maximum period of the loan period is call/notice money market with effect from August 6, 15 years. The residual life of the property should be at 2005. least 20 years. Where the borrower lives longer than 15 Calculation of interest payable is based on FIMMDA‘s years, periodic payments will not be made by lender. (Fixed Income Money Market & Derivatives However, the borrower can continue to occupy. Association of India) Handbook of Market Practices.

MONEY MARKET INSTRUMENT OF GOVT. BORROWING It is a market for short-term debt securities, such as To meet the temporary receipt & expenditure commercial paper, repos, negotiable certificates of mismatch, govt. obtains over draft from RBI under deposit,&Treasury Bills with a maturity of one year or Ways & Means Advances. For short term liquidity, it less. issues cash management bills, treasury bills of 91 days, 182 days & 364 days maturity. For long term funds, it CAPITAL MARKETS IN INDIA uses dated securities in the form of bonds/long term It is the market for long term funds. It refers to all the loans. facilities & institutional arrangements for borrowing & lending medium & long term funds. TREASURY BILLS These are the instruments (in the form of promissory Money Market VS Capital Market notes) of short term borrowing by the Central govt., Money Market Capital Market first issued in India in 1917. Market for short term Market for long term 75 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 TBs can be purchased by any one (including Amount Min: Rs. 1 lac, beyond which in multiple of Rs. individuals) except State govt. 1 lac Minimum amount of face value Rs. 25000 & in Int. Rate Market related. Fixed or floating multiples thereof. Loan Against collateral of CD not permitted Maturity: 91 days, 182 days & 364 days. Usance Promissory note. Can be issued in Treasury bills are zero coupon securities. They are Nature Dematerialisation form only wef June 30, 2002 issued at a discount&redeemed at face value at

maturity. COMMERCIAL PAPER

i. CP introduced during 1990, is a short term money Cash Management Bills (CMB) market instrument issued as an unsecured usance CMB introduced on 11.08.11, is a short-term security to promissory note&privately placed. be sold by Govt. of India to raise temporary money for ii. Who can issue Commercial paper (CP): Companies, cash management needs. primary dealers (PDs)&all-India financial institutions (FIs). The tenure is less than 91 daysbut the notified iii. A company is eligible to issue CP if: amount&date of issue depends upon the temporary (a) Its tangible net worth, as per latest audited balance cash requirement of the Govt. sheet, is not less than Rs. 4 crore. It is issued at discount to the face value through (b) Sanctioned working capital limit by bank/s or all-India auctions, as in the case of the Treasury Bills. financial institution/s;

DATED SECURITIES (c) The borrower accounts are classified as a Standard These are long term securities & carry a fixed or Asset by financing bank/s/ institution/s&‗ floating coupon (interest rate) paid on the face value, (d) Minimum credit rating from SEBI approved credit payable at fixed time periods (half-yearly). rating agency (CRA) is A3. The tenor of dated securities can be up to 40 years. iv. Maturity: Min 7 days & max upto one year Public Debt Office of RBI acts as the v. Amount: Min Rs. 5 lakh or multiples thereof. registry/depository of Govt. securities & deals with the issue, interest payment & repaymentof principal at MERCHANT BANKING maturity. Merchant banking stands for providing various services relation to capital market&financing the corporate sector. WAYS & MEANS ADVANCES (WMAs) The Merchant Bankers provide consultancy to the WMAs were introduced as per an agreement between corporate sector on the issues like finance, capital RBI & Govt. structure&investment, mergers, takeover&amalgamations, WMAs are temporary overdrafts by RBI to govt. establishing coordination between the Govt.&the (Central & State) under Section 17(5) of RBI Act. WMSs corporate sector. replaced the earlier ad hoc T-Bills system. WMAs bridge the time interval of mismatch between CAPITAL MARKETS IN INDIA govt. expenditure&receipts. a) It refers to all the facilities & institutional arrangements Duration: 10 consecutive working days for Central for borrowing&lendingmedium & long-term funds. Govt.&14 days for State Govt. b) It is segregated into (i) gilt edged market&(ii) the industrial securities market. OTHER MONEY MARKET INSTRUMENTS c) The gilt edged marketrefers to the market for govt. & semi-govt. securities which are traded in the market in CERTIFICATE OF DEPOSIT stable value&are sought after by banks&other institutions. This scheme was introduced in July 1989, to enable the d) The industrial securities market refers to the market banking system to mobilize bulk deposits from the for shares&debentures of old as well as new companies. market, which they can attract at competitive rates of This market is further divided as primary interest. market&secondary market. Who can Scheduled commercial banks (except RRBs) The primary market refers to the setup which helps the issue & All India Financial Institutions within industry to raise funds by issuing different types of their ‗Umbrella limit‘. securities, which are issued directly to the investors, both individual&institutions. CRR/SLR Applicable on the issue price in case of banks The secondary market refers to the network for Individuals (other than minor), corporations, Investors subsequent sale&purchase of securities, after these are companies, trusts, funds, associations etc. issued. Min: 7 daysMax : 12 Months (in case of FIs Maturity INDIAN DEPOSITORY RECEIPTS (IDRs) minimum 1 year&maximum 3 years). 76 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 IDR is an instrument in the form of a Depository Receipt NPA-Non-Performing Asset & SARFAESI created by the Indian depository in India against the It means once the borrower has failed to make interest or underlying equity shares of the issuing company. In an principal payments for 90 days, the loan is considered to IDR, foreign companies would issue shares, to an Indian be a non-performing asset. companies would issue shares, to an Indian Depository which would in turn issue depository receipts to investors Criteria for classification of loan as NPA in India. Farm Credit within Agriculture loans: A loan will be treated as an NPA if installment of the principal or MUTUAL FUND TERMS interest remains unpaid beyond the due date for (a) two Asset Management Company: A company formed & crop seasons in case of short duration crops (maturing registered under the Companies Act 1956 & approved as within one year)&(b) one crop season for long duration such by the SEBI to manage the funds of a mutual fund. crops (maturing after one year). This would also be Under an agreement (with the trustees of the Mutual applicable, mutatis mutandis, to agricultural term loans. Fund), an AMC undertakes to formulated mutual funds In other agriculture loans, the 90 days norm would be schemes, distribute income as per agreement. applicable. Close-ended scheme: A scheme where funds are raised for a fixed period. The scheme is wound up after that SARFAESI Act & Rules period&funds are returned with capital appreciation to SARFAESI Act (The Securitization&Reconstruction of unit holders. Normally, a close-ended scheme is listed Financial Assets & Enforcement of Security Interest Act, on a stock exchange. 2002) was enacted to regulate securitization & Net asset value: The price of value of one share of a reconstruction of financial assets & enforcement of fund. It is calculated by summing the quoted values of security interest created in respect of Financial Assets to all the securities held by the fund, adding in cash & any enable realization of such assets. accrued income & subtracting liabilities & dividing the The Act provides for the manner for enforcement of result by the number of shares outstanding. security interests by a secured creditor without the Open ended scheme: A scheme is the one which intervention of a court or tribunal. continuously offers its units&buys them back from If any borrower fails to discharge his liability in investors. repayment of any secured debt within 60 days of notice from the date of notice by the secured creditor, the DICGC (Deposit Insurance & Credit Guarantee secured creditor is conferred with powers under the Corporation of India) SARFAESI Act to 1. Which banks are insured by the DICGC? a) Takes possession of the secured assets of the borrower, All commercial banks including branches of foreign including transfer by way of lease, assignment or sale, banks functioning in India, local area banks®ional for realizing the secured assets rural banks are insured by the DICGC. b) Takeover of the management of the business of the 2. What does the DICGC insure? borrower including the right to transferby way of lease, It insures all deposits such as savings, fixed, current, assignment or sale for realizing the secured assets, recurring, etc. except the following types of deposits. c) Appoint any person to manage the secured assets (i) Deposits of foreign Govt.s; possession of which is taken by thesecured creditor, (ii) Deposits of Central/State Govt.s; and (iii) Inter-bank deposits; d) Require any person, who has acquired any of the (iv) Deposits of the State Land Development Banks secured assets from the borrower andfrom whom with the State co-operative bank; money is due to the borrower, to pay the secured (v) Any amount due on account of any deposit creditor so much of the money as if sufficient to pay the received outside India secured debt. (vi) Any amount, which has been specifically exempted by the corporation with the previous The assets portfolio of the banks is required to be approval of Reserve Bank of India. classified as 3. What is the maximum deposit amount insured by the (1) standard assets (2) sub-standard assets DICGC? (3) doubtful assets (4) loss assets. Each depositor in a bank is insured upto a maximum Standard asset is one that does not disclose any of Rs.1,00,000 for both principal & interest amount problems&which does not carry more than normal risk held by him in the same capacity. attached to the business. 4. HQ: Mumbai Chairman: NS Vishwanathan

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 An asset which has been classified as NPA for a period taking possession the same, if loan is not exceeding 12 months is considered as sub-standard bank gets rights of repaid. asset. pledge&can sell the Doubtful asset is one which has remained NPA for a assets without period exceeding 12 months. intervention. An asset which is considered uncollectible&loss has been identified by the bank or internal or external MORTGAGE auditors or the RBI inspection&the loss has not been As per section 58 of Transfer of Property Act 1882, written off is regarded as loss asset. mortgage is transfer of interest in specific immovable property for the purpose of securing the payment of What is pledge: U/s 172 of Indian Contracts Act, pledge is money advanced or to be advanced by way of loan, an bailment (delivery) of goods as security for payment of a existing or future debt or the performance of an loan. Only goods (movable assets excluding actionable engagement which may give rise to pecuniary liability. claims (Sec 2(7) of Sales of Goods Act) can be pledged. ATM Q.1 What is an (ATM)? Ans. Automated Teller Machine is a computerized machine that provides the customers of banks the facility of accessing their account for dispensing cash&to carry out other financial & non-financial transactions without the need to actually visit their bank branch.

Q.2 What is White Label ATMs (WLAs)? Ans. ATMs set up, owned&operated by non-banks are called White Label ATMs. Non-bank ATM operators are authorized under Payment & Settlement Systems Act, 2007 by the Reserve Bank of India.

Q.3. Is there any time limit for the card issuing banks for recrediting the customers account for a failed ATM/WLA transaction? HYPOTHECATION/PLEDGE-DISTINCTION Ans. As per the RBI instructions, banks have been Hypothecation Pledge mandated to resolve customer complaints by re-crediting Defined in SARFAESI Act 2002 Indian Contract Act the customer‘s account within 7 working days from the (Sec 2 n) 1872 (section 172) date of complaint.

Definition Charge on movable Bailment of goods Q.4. Are the customers eligible for compensation for property in favour as security for delays beyond 7 working days? of secured creditor payment of a debt Ans. Yes. Effective from July 1, 2011, banks have to pay without delivery of or performance of compensation of Rs. 100/- per day for delays in re- possession promise crediting the amount beyond 7 working days from the date of receipt of complaint for failed ATM transactions. Parties: Hypothecator Pledger / pawner The compensation has to be credited to the account of the -Borrower Hypothecate Pledger / pawnee customer without any claim being made by the customer. -Bank If the complaint is not lodged within 30 days of transaction, the customer is not entitled for any Nature of Movable assets Goods compensation for delay in resolving his / her complaint. securities such as stocks,

machinery, vehicles CURRENCY IN INDIA Possession Borrower (in trust Possession with Money as a means of payment consists of coins, paper for bank). Bank bank till repayment money & withdrawable bank deposits. cannot take of the loan. Bank Legal tender: As per provisions of coinage Act 1996, bank possession without has to preserve the notes, currency notes&coins (Rs. 1&above) are legal tender consent of the goods for unlimited amount. The subsidiary coins (below Re 1) borrower. On carefully&return 78 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 are legal tenders for sum not exceeding Re 1. Issue of 1, payment instructions are processed & settled, on gross 2&3 paise coins discontinued wef Sep 16, 1981. basis in a real time environment. It uses Indian Financial Network (INFINET) & SFMS What do you know by currency chest? platforms. RTGS is regulated by RTGS System Currency chests are operated by RBI so that they can Regulations, 2013. provide good quality currency notes to the public. However, RBI has appointed commercial banks to National Electronic Funds Transfer (NEFT) open&monitor currency chests on behalf of RBI. The cash RBI operationalisedNEFTSystem in Nov 2005. It facilitates kept in currency chests is considered to be kept in RBI. transfer of funds from any bank branch to any other bank branch. What is a small coin depot? Amount: There is no lower/upper value limit. The bank branches are also authorised to establish Small Bank account: NEFT is an account to account transfer Coin Depots to stock small coins. The Small Coin Depots system. The remitter&beneficiary should have a bank also distribute small coins to other bank branches in their account. area of operation. Processing Charges/Service Charges What are soiled, mutilated&imperfect banknotes? 1. Banks cannot levy any charges for inward NEFT, "Soiled note" means a note which, has become dirty 2. For outward NEFT: Up to Rs. 10000 = Rs. 2.50, above due to usage & also includes a two piece note pasted Rs. 10000 to Rs. 1 lac = Rs. 5. Above Rs. 1 lac to Rs. 2 lac together wherein both the pieces presented belong to = Max Rs. 15&above Rs. 2 lac = Max Rs. 25 (w.e.f. the same note, & form the entire note. 13.07.2012). Mutilated banknote is a banknote, of which a portion CENTRALIZED FUNDS MANAGEMENT SYSTEMS is missing or which is composed of more than two (CFMS) pieces. CFMS was operated & maintained by RBI to enable Imperfect banknote means any banknote, which is operations on current accounts maintained at various wholly or partially, obliterated, shrunk, washed, altered offices of the RBI, through standard message formats in a or indecipherable but does not include a mutilated secure manner. banknote. NEPAL REMITTANCE SCHEME Pre-2005 series Banknotes It is a cross-border one-way remittance facility scheme, for The banknotes issued before 2005 MG series are called pre- remittance from India to Nepal. 2005 series banknotes, which do not have the year of Amount: Up to Indian Rs. 50,000 from NEFT branches. printing on the reverse side. On Jan 23, 2014, RBI decided Beneficiary will receive funds in Nepalese rupees. to withdraw, from circulation, these notes as they have fewer security features. CORE BANKING SOLUTIONS 1. These notes shall continue to be legal tender. The notes Core Banking Solutions (CBS) or Centralised Banking are only being withdrawn from circulation. Solutions is the process which is completed in a 2. These notes can be exchanged at select bank branch till centralized environment i.e. under which the information 30.06.16. related to the customer‘s account (i.e. financial dealings, profession, income, etc.) is stored in the Central Server of NATIONALISATION OF BANKS the bank (that is available to all networked branches) Nationalisation of &its conversion instead of the branch server. into State Bank of India in July 1955. Conversion of 8 major State-associated banks into Accounts for Foreign (Currency/Person) in India subsidiary banks of SBI in 1959. a) NRO A/c (Foreign Tourist) Nationalisation of 14 Indian scheduled banks in July Foreign tourists during their short visit to India can 1969. open a Non-Resident (Ordinary) Rupee (NRO) Nationalisation of 6 more banks in April 1980 & New account (Current / Savings) with any Authorised Bank of India merged into Punjab National Bank. Dealer bank dealing in foreign exchange. Can be opened up to a maximum period of 6 months. TRANSFER SYSTEM IN BANKING SECTOR All payments to residents exceeding INR 50,000 can be made only by means of cheques / pay orders / DDs. Real Time Gross Settlement (RTGS) RTGS implemented w.e.f. 26.03.2004 is a centralized b) EEFC A/c payment system operated by RBI. In RTGS inter-bank 79 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Exchange Earners' Foreign Currency Account (EEFC) How Ranting done to Banks in India is an a/c maintained in foreign currency with RATING OF BANKS Authorised Dealer. RBI‘s 1995 working group headed by Sh. S. Padmanabhan It is a facility provided to foreign exchange earners, suggested method for rating. including exporters, to credit 100% of their foreign RBI rates the banks on a 5 point scale of A to E, widely on exchange earnings to the a/c, so that the account the lines of international CAMELS rating model for holders do not have to convert foreign exchange into domestic banks&CALCS model for foreign banks. Rupees, thereby minimizing the transaction costs. All categories of foreign exchange earners, such as CAMELS Rating for Domestic Banks individuals, companies, etc. who are resident in India, C Capital adequacy ratio may open EEFC accounts. A Asset quality It can be held only in the form of a current account. No M Management Effectiveness interest is payable on EEFC accounts. E Earning (i.e. profitability) L Liquidity (asset-liability management) ACCOUNTS FOR NRI/PIO S System&controls Non-Resident Ordinary Rupee Account (NRO Account) NRO accounts may be opened / maintained in the Rating parameters for foreign banks form of current, savings, recurring or fixed deposit C Capital adequacy ratio accounts. A Asset quality Interest rates offered by banks on NRO deposits L Liquidity cannot be higher than those offered by them on C Compliance comparable domestic rupee deposits. S System&controls

Account should be denominated in Indian Rupees. NRI/PIO may remit from the balances held in NRO BASEL-3 NORMS account an amount not exceeding USD one million per Basel Committee is the primary global standard-setter for financial year, subject to payment of applicable taxes. the prudential regulation of banks & provides a forum for The limit of USD 1 million per financial year includes cooperation on banking supervisory matters. sale proceeds of immovable properties held by Its mandate is to strengthen the regulation, supervision & NRIs/PIOs. practices of banks worldwide with the purpose of enhancing financial stability. Non-Resident (External) Rupee Account (NRE Account) Stefan Ingves, Governor of Sveriges Riks bank NRE account may be in the form of savings, current, (SWEDEN), is the Chairman of the Basel Committee. recurring or fixed deposit accounts. Basel III or Basel 3 released in December, 2010 is the third Account will be maintained in Indian Rupees. in the series of Basel Accords. These accords deal with risk Accrued interest income&balances held in NRE management aspects for the banking sector. accounts are exempt from Income tax. According to Basel Committee on Banking Supervision Authorised dealers/authorised banks at their "Basel III is a comprehensive set of reform measures, discretion allow for a period not more than two weeks, developed by the Basel Committee on Banking overdrawings in NRE savings bank accounts, up to a Supervision, to strengthen the regulation, limit of Rs. 50,000. supervision&risk management of the banking sector". Loans up to Rs.100 lakh can be extended against Basel 3 measures aim to: security of funds held in NRE Account either to the a) Improve the banking sector's ability to absorb shocks depositors or third parties. arising from financial & economic stress, whatever the

source Foreign Currency Non-Resident (Bank) Account – FCNR b) Improve risk management & governance (B) Account c) Strengthen banks' transparency & disclosures. FCNR (B) accounts are only in the form of term

deposits of 1 to 5 years Three Pillars of Basel 3 Account can be in any freely convertible currency.

Loans up to Rs.100 lakh can be extended against Pillar 1: Minimum Regulatory Capital Requirements security of funds held in FCNR (B) deposit either to based on Risk Weighted Assets (RWAs): the depositors or third parties. Maintaining capital calculated through credit, The interest rates are stipulated by the Department of market&operational risk areas (mainly that capital Banking Operations & Development, RBI. which can absorb risk.)

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 period of 60 months. They cannot accept deposits Pillar 2: Supervisory Review Process: repayable on demand. Regulating tools&frameworks for dealing with c) The deposits with NBFCs are not insured. peripheral risks that bank face. d) The repayment of deposits by NBFCs is not guaranteed by RBI. Pillar 3: Market Discipline: Increasing the disclosures that banks must provide to TYPES OF MONEY increase the transparency of banks Commodity Money - Commodity money value is derived from the commodity out of which it is made. The Important Facts related to BASEL 3 commodity itself represents money, & the money is the Minimum Ratio of Total Capital To RWAs--10.50% commodity. Minimum Ratio of Common Equity to RWAs--4.50% to Representative Money - is money that includes token 7.00% coins, or any other physical tokens like certificates, that Tier I capital to RWAs--6.00% can be reliably exchanged for a fixed amount/quantity of a Core Tier I capital to RWAs--5.00% commodity like gold or silver. Capital Conservation Buffers to RWAs--2.50% Fiat Money - Fiat money, also known as fiat currency is Leverage Ratio--3.00% the money whose value is not derived from any intrinsic Countercyclical Buffer--0% to 2.50% value or any guarantee that it can be converted into valuable commodity (like gold). Instead, it derives value NBFC only based On Govt. order (fiat) Non-Banking Financial Company (NBFC) is a company Commercial Bank Money - Commercial bank money or registered under the Companies Act, 1956 engaged in the the demand deposits are claims against financial business of loans & advances, acquisition of institutions which can be used for purchasing goods & shares/stocks/bonds/debentures/securities issued by services. Govt. or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit Reserve Money (M 0) fund business. Currency in circulation + Bankers‗ ‗deposits with the RBI + ‗Other‘ deposits with the RBI = Net RBI ‗credit to the Govt. Difference between BANK & NBFC: + RBI credit to the commercial sector + RBI's claims on NBFCs lend & makeinvestments & hence their activities banks + RBI's net is foreign assets + Govemment‘s are akin to that of banks; however there are a few currency liabilities to the public - RBI's net non-monetary differences as given below: liabilities. i. NBFC cannot accept demand deposits; M1=Currency with the public + Demand deposits with the ii. NBFCs do not form part of the payment banking system + 'Other' deposits with the RBI &settlementsystem&cannot issue cheques drawn on M2=M1 + Savings deposits of office savings banks. itself; M3=M1+ Time deposits with the banking system iii. Deposit insurance facility of Deposit Insurance & = Net bank credit to the Govt. + Bank credit to the Credit Guarantee Corporation is not available to Commercial sector + Net foreign assets of the banking depositors of NBFCs, unlike in case of banks. sector + Goveinment‘s currency liabilities to the public - Register with RBI: Net non-monetary liabilities of the banking sector. A company incorporated under the Companies Act, M4=M3 +All deposits with post office savings banks 1956&desirous of commencing business of non-banking (excluding National Savings Certificates) financial institution as defined under Section 45 I(a) of the RBI Act, 1934 should comply with the following: Note: a) It should be a company registered under Section 3 of Bhartiya Reserve Bank Note Mudran Private Limited the companies Act, 1954 (BRBNMPL) b) It should have a minimum net owned fund of Rs 200 RBI established BRBNMPL in February 1995 as a wholly- lakh. owned subsidiary to augment the production of bank notes in India&to enable bridging of the gap between Deposits in NBFC: supply&demand for bank notes in the country. a) Presently, the maximum rate of interest an NBFC can offer is 12.5%. The interest may be paid or BANKING ABBREVIATIONS compounded at rests not shorter than monthly rests. 1. PSBs: Public Sector Banks b) NBFCs are allowed to accept / renew public deposits 2. SNBCs: Schedule Non Commercial Banks for a minimum period of 12 months & maximum 3. SENSEX: Sensitive Index Of Stock Exchange 81 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 4. KYC: Know Your Customer 50. FSLRC– Financial Sector Legislative Reforms 5. RTGS: Real Time Gross Settlement Commission 6. NEFT: National Electronic Fund Transfer 51. CRAR: Capital to Risk-weighted Assets Ratio 7. EFT: Electronic Fund Transfer 52. LCR: Liquidity Coverage Ratio 8. CBS: Core Banking Solutions 53. TARC - Tax Administration Reform Commission 9. LIBOR: London Interbank Offered Rate 54. GIRO - Govt. Internal Revenue Order 10. MIBOR: Mumbai Interbank Offered Rate 55. FRBMA: Fiscal Responsibility&Budget Management 11. MIBID: Mumbai Interbank Bid Rate Act 12. SARFAESI: Securitisation & Reconstruction Of 56. AMFI- Association of Mutual Fund in India. Financial Assets & Enforcement Of Security Interest 57. TIEA – Tax Information exchange Agreement 13. CAR: Capital Adequecy Ratio 58. GAAR - General anti avoidance rule 14. FIIs: Foreign Institutional Investments 59. GSLV - Geo-Synchronous Launch Vehicle 15. MICR: Magnetic Ink Character Recognition 60. PPP – Public Private Partnership & Purchasing Power 16. BIRD: Bankers Institute Of Rural Development parity 17. IBA: Indian Bank Association 61. PSLV – Polar Satellite Launch vehicle 18. BPLR: Benchmark Prime Lending Rate 62. TAPI - Turkmenistan-Afghanistan-Pakistan-India. 19. SWOT: Strength, Weaknesses, Opportunities&Threats 63. QFI -Qualified Foreign Investors 20. SWIFT: Society For Worldwide Interbank Financial 64. AD-Authorized Dealer. Telecommunication 65. ASSOCHAM-Associated Chambers of Commerce & 21. FERA: Foreign Exchange Regulatory Act Industry of India. 22. FEMA: Foreign Exchange Management Act 66. BCSBI-Banking Codes & Standards Board of India. 23. CASA: Current&Saving Account 67. BIS-Bank for International Settlements. 24. NDTL: Net Demand&Time Liabilities 68. CDS-Credit Default Swap. 25. NASDAQ: National Association For Securities Dealers 69. CEPA-Comprehensive Economic Partnership Automated Quotations Management. 26. CRISIL: Credit Rating&Investment Services India 70. FIMMDA-Fixed Income Money MARKETS & Limited Derivatives Association. 27. CIBIL: Credit Information Bureau Of India Limited 71. FPI-Foreign Portfolio Investment. 28. NAV: Net Asset Value 72. IBRD-International Bank for Reconstruction & 29. ICRA: Indian Credit Rating Agency Development. 30. CARE: Credit Analysis & Research Limited 73. UIDAI-Unique Identification Development Authority 31. WMAs: Ways & Means Advances of India. 32. ALM: Asset Liability Management 74. PMGSY- Pradhan Mantri Gram Sadak Yojana 33. INFINET Indian Financial Network 75. PMEGP- PM's Employment Generation Programme 34. OLTAS - On-line Tax Accounting System (OLTAS) for 76. NRDWP- National Rural Drinking Water Programme Direct Taxes 77. PMKK- Pradhan Mantri Kaushal Kendras 35. TIN - Tax Information Network (TIN) 78. SANKALP- Skill Acquisition & Knowledge 36. IMPS - Interbank Mobile Payment Service (IMPS) or Awareness for Livelihood Promotion programme Immediate Payment Service 79. STRIVE- Skill Strengthening for Industrial Value 37. CDR- Corporate Debt Restructuring Enhancement 38. CAD- Capital Account Deficit 80. NTA- National Testing Agency 39. REITs: Real Estate Investment Trusts 81. ICDS- Integrated Child Development Services 40. InvITs: Infrastructure Investment Trusts 82. TIES- Trade Infrastructure for Export Scheme 41. ALM- Asset Liability Management 83. FIPB- Foreign Investment Promotion Board 42. ASBA: Application Supported by Blocked Amount 84. CERT-Fin- Computer Emergency Response Team for 43. PIN: Personal Identification Number our Financial Sector 44. CECA: Comprehensive Economic Cooperation 85. IRFC- Indian Railway Finance Corporation Limited Agreement 86. FFO- Further Fund Offering 45. CEPA: Comprehensive Economic Partnership Agreemeny IMPORTANT BANKING TERMS 46. DTAA – Double Taxation Avoidance Agreement Moral Suasion: Moral Suasion is just as a request by the 47. EFSF – European Financial Stability Facility RBI to the commercial banks to take so & so action & 48. FINO- Financial Inclusion Network Operation measures in so & so trend of economy. RBI may request 49. FIPB – Foreign Investment Promotion board commercial banks not to give loans for unproductive

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 purpose which does not add to economic growth but increases inflation. Bouncing of a cheque: Where an account does not have sufficient balance to honour the cheque issued by the customer, the cheque is returned by the bank with the reason "funds insufficient" or "Exceeds arrangement". This is known as 'Bouncing of a cheque'. Demat Account: The term "demat", in India, refers to a dematerialised account for individual Indian citizens to trade in listed stocks or debentures. Capital Adequacy Ratio (CAR): Capital adequacy ratio measures the amount of a bank‘s capital expressed as a %age of its credit exposure. Globally, the capital adequacy ratio has been developed to ensure banks can absorb a reasonable level of losses before becoming insolvent. Indian banks are expected to maintain a minimum capital adequacy ratio of 9 % (Rs 9 as capital for every Rs 100 in loan or asset) IMPORTANT CODES USED IN BANKING IFSC (Indian Financial System Code) IMPORTANT BANKING CONCEPTS Indian Financial System Code is an alpha-numeric code 1) What is Balance of Trade? that uniquely identifies a bank-branch participating in The value of a country‘s exports minus the value of its the NEFT system. imports. Unless specified as the balance of merchandise This is an 11 digit code with the first 4 alpha characters trade, it normally incorporates trade in services, including representing the bank, The 5th character is 0 (zero) & the earnings (interest, dividends, etc.) on financial assets. last 6 characters representing the bank branch. 2) What is Balance of Payments? For ex: PNBN0014976 : A list of all of a country‘s international transactions for a First 4 character PNBN – refers to Punjab National Bank. given time period, usually one year. 0 is a control number. 3) What is NOSTRO Account? Last six characters (014976) represents the branch A Nostro account is maintained by an Indian Bank in the foreign countries. MICR – Magnetic ink character Recognition 4) What is VOSTRO Account? MICR is 9-digit numeric code that uniquely identifies a A Vostro account is maintained by a foreign bank in India bank branch participating in electronic clearing scheme. with their corresponding bank. Used to identify the location of a bank branch. 5) What is BCBS? City (3) Bank (3) Branch (3) Basel Committee on Banking Supervision is an institution It is allotted to a bank branch is printed on the MICR created by the Central Bank governors of the Group of Ten band of cheques. MICR used for electronic credit system. nations. 6) What is LIBOR? SWIFT Code: Society for Worldwide Interbank financial London InterBank Offered Rate. An interest rate at which tele-communication banks can borrow funds, in marketable size, from other India was 74th Nation to join SWIFT Network. banks in the London interbank market. SWIFT Code is a standard format of bank Identifier 7) What is STRIPS? code. Separate Trading for Registered Interest & Principal This code is used particularly in International transfer of Securities. money between banks. 8) What do you mean by term ―CASA‖ related to bank? A majority of FOREX related message are sent to CASA stands for Current Account Savings Account. The correspondent banks abroad through SWIFT. CASA ratio shows how much deposit a bank has in the SWIFT Code consist 8 or 11 character when code is 8 form of current&saving account deposits in the total digit, deposit. A higher CASA ratio means better operating It is referred to primary office. efficiency of the bank. 4 – bank code Note: The CORE word in CBS stands for Centralized 2 – country code Online Realtime Exchange. 2 – location code 3 – branch code (optional)

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 HQ: of NATIONALIZED/PSBs BANKS companies, real estate developers&investors,  Allahabad Bank-Kolkata international trade finance businesses etc.  Bank of India -Mumbai Universal Banking  Bank of Maharashtra -Pune R H Khan committee & recommended the concept of  Canara Bank -Bangalore Universal Banking. It means allowing Fls& banks to  -Mumbai undertake all types of banking or development  Corporation Bank -Mangalore financing activity, subject to compliance of  Dena Bank -Mumbai statutory&other requirements of RBI, Govt.& related  Indian Bank- Chennai legal Acts.  Indian Overseas Bank- Chennai Islamic Banking: An Islamic bank is a deposit-taking  Oriental Bank of Commerce- Gurgaon banking institution whose scope of activities excluding  Punjab National Bank- New Delhi borrowing&lendingon the basis of interest.

 Punjab & Sind Bank- New Delhi FINANCIAL INSTITUTIONS  State Bank of India- Mumbai

 Syndicate Bank- Manipal National Bank for Agriculture&Rural Development  UCO Bank- Kolkata Established on 12th July 1982 on the recommendation  Union Bank of India- Mumbai of CRAFICARD committee (also called as  United Bank of India- Kolkata SivaramanComittee)  Vijaya Bank- Bangalore For Agricultural finance, It is the apex organization.  Andhra Bank- Hyderabad Chairman: Dr. Harsha Kumar Bhanwala  Bank of Baroda- Vadodra Head Quarters: Mumbai  IDBI Bank- Mumbai Rural Infrastructure Development Fund (RIDF) is  IPPB- New Delhi operated by NABARD, instead in April 1995. NABARD is the "Micro-Finance Regulatory Authority" FINANCIAL REGULATORS Small Industries Development Bank of India (SIDBI) Chit Funds Respective State Govt.s Small Industries Development Bank of India (SIDBI in Insurance companies IRDA short) was established in the year 1990 (Date : 2nd Housing Finance NHB April 1990) under the Small Industries Development Companies Bank of India Act 1989 as a subsidiary of Industrial Venture Capital Fund / SEBI Development Bank of India.

Merchant Banking SEBI Chairman- Mohammad Mustafa companies Head Quarters : Lucknow

Stock broking companies SEBI Securities&Exchange Board of India (SEBI) Nidhi Companies Ministry of corporate It is theregulator for the securitiesmarket in India. affairs, Govt. of India SEBI was initiallyestablished as a non statutory body in April 1988, to regulate theworking of stock TYPES OF BANKING exchange. Later itwas given a statutory status onApril Para banking- When Bank provides banking services 1992 via SEBI Act, 1992with the following objectives. except the general banking facility. Chairman- Ajay Tyagi Narrow Banking- When banks invest its money in Head Quarters : Mumbai Govt. securities instead investing in market to avoid

risk. (RRB):

Offshore Banking- Bank which accept currency of all Regional Rural Bank Were Set Up By An Ordinance countries. In 1975, Later Replaced By Rrbs Act, 1976 As Pre

Green banking- Promoting environmental-friendly Banking Commission Recommendation In 1975. practices&reducing your carbon footprint from your Father Of Rrb Is M.Swaminathan. banking activities. The Govt. Of India Had Appointed A Working

Retail Banking- Retail banking refers to the division Group On Rural Banks Under The Chairmanship Of of a bank that deals directly with retail customers. Mr. M. Narasimham In 1975. First Rrbs Were Set Up

Wholesale banking-Wholesale banking is the On 2nd Oct. provision of services by banks to organisations such as Share Holder Contribution: Govt. Of India 50% Mortgage Brokers, large corporate clients, mid-sized Sponsor Bank 35% State Govt. 15%. 84 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 EXIM BANK: Eligibility: Scheduled Commercial Banks having Current Export-Import (EXIM) Bank of India is the principal Account & SGL Account with RBI. financial institution in India for coordinating the working of institutions engaged in financing Amount: 1% of NDTL export&import trade. It is a statutory corporation wholly owned by the Govt. CLEARING CORPORATION OF INDIA of India. Clearing Corporation of India Limited (CCIL) was It was established on January 1, 1982 for the purpose of incorporated on 30th April 2001, as the country‘s first financing, facilitating&promoting foreign trade of clearing house for the Govt. securities, forex&other related India. market segments. It commenced operations from Feb 15, Chairman- David Rasquinha 2002. It provides a system for efficient clearing of money, Head Quarters : Mumbai Govt. securities & foreign exchange market transactions.

NATIONAL HOUSING BANK(NHB) CollateralisedBorrowing&Lending Obligation (CBLO) It is the apex institution of housing finance in India, CBLO, an RBI approved money market instrument, is was set up as wholly owned subsidiary of RBI. developed by CCIL for the benefit of the entities phased The bank started its operations from July 1988. out from interbank call money market or given restricted NHB is a subsidiary bank of Reserve Bank of India. participation in terms of ceiling on call borrowing& National Housing Bank was established under section lending transactions & who do not have access to the 6 of National Housing Bank Act (1987). call money market. The HQ: of NHB is in New Delhi. It is a discounted instrument available in electronic book Chairman: Shri Sriram Kalyanaraman entry form for the maturity period ranging from 7 days to 90 Days (can be up to one year as per RBI guidelines). ECGC Export Credit Guarantee Corporation of India. This ASSET SECURITISATION organisation provides risk as well as insurance cover Securitisation of assets is an additional channel for to the Indian exporters. recycling of funds by business entities including banks. Chairman- Geetha Muralidhar Securitisation is process through which the future Head Quarters : Mumbai receivables (say rent, installment of a term loan due in future) of an organization (say bank), are converted into A brief on Financial Terms debt instruments (such as bonds with a fixed rate of 1. Cross Selling return)&then sold. Cross-selling stands for offering to the existing&new customers, some additional banking products, with a BANKING CODES & STANDARDS BOARD OF view to expand banking business, reduce the per INDIA customer cost of operations&provide more Banking Codes & Standards Board of India (BCSBI) was satisfaction&value to the customer. set up on the lines of a similar set up in UK to oversee the 2. Credit Card Business Fair Practice Code evolved by the Bankers. Issue of cards Members: The Board was set up as a Society, under the (a) Banks having net worth of Rs. 100 cr or above only Societies Registration Act, 1860. Commercial banks, RRBs can undertake the credit card business. & Urban Coop Banks are its members. (b) RBI permission is not required to undertake credit A Governing council of the BCSBI looks after its card issue business. financial affairs&managerial policies. The tenure of the Council is 5 years&the appointment of the Council after 5 LIQUIDITY ADJUSTMENT FACILITY years would be with the concurrence of the RBI. Liquidity Adjustment Facility (LAF) was introduced by RBI during June, 2000 in phases, to ensure smooth KISAN VIKAS PATRA transition&keeping pace with technological upgradation. KPV are regulated by KVP Rules 2014, Scheme is available Tenor: Reverse Repo auctions (for absorption of liquidity) through Post Offices&those banks that are authorized to & Repo auctions (for injection of liquidity) are conducted operate PPF scheme. on a daily basis (except Saturdays). Denomination: Rs.1000, Rs.5000, Rs.10000&Rs.50000 Cap: 0.25% of NDTL w.e.f. 01.04.14. Types of certificates: Category Single, Joint A-Type&Joint B-Type (E/S). Marginal Standing Facility (MSF) Maturity period: 115 Months MSF was introduced w.e.f. May 09, 2011, by RBI. Rate of Interest: 7.5%. 85 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Rate of interest: Rs.1000 becomes double during the The process or mechanism under which such actions are maturity period. taken is known as Prompt Corrective Action, or PCA. 1. Nomination facility, 2. Pledge for loan facility& 3. pre- mature payment after 2 years & 6 months subject to certain What is PCA as per RBI? All Misconceptions Cleared conditions, is eligible. RBI clarified that the PCA framework is not intended to constrain normal operations of the banks for the general public. Under RBI's supervisory framework, it uses various measures/tools to maintain sound financial health of banks. PCA framework is one of such supervisory tools. It involves monitoring of certain performance indicators of the banks as an early warning exercise & is initiated once such thresholds as relating to capital, asset quality etc. are breached. Its objective is to facilitate the banks to take corrective measures including those prescribed by the Reserve Bank, in a timely manner, in order to restore their financial health. It provides an opportunity to the Reserve Bank to pay focussed attention on such banks by engaging with the management more closely in those areas. MUDRA BANK The PCA framework is, thus, intended to encourage MUDRA, which stands for Micro Units Development & banks to eschew certain riskier activities & focus on Refinance Agency Ltd, is a financial institution being set conserving capital so that their balance sheets can up by Govt. of India for development&refinancing micro become stronger. units‘ enterprises.

Under the aegis of Pradhan Mantri MUDRA Yojana Salient Features of revised PCA Framework for Banks (PMMY), MUDRA has already created its initial A. Capital, asset quality & profitability continue to be the products/schemes. The interventions have been named key areas for monitoring in the revised framework. ‗Shishu‘, ‗Kishor‘&‗Tarun‘ to signify the stage of B. Indicators to be tracked for Capital, asset quality & growth/development&funding needs of the beneficiary profitability would be: micro unit / entrepreneur&also to provide a reference a) CRAR/ Common Equity Tier I ratio point for the next phase of graduation / growth to look CET ratio – the percentage of core equity capital, net of forward to. The financial limit for these schemes is:- regulatory adjustments, to total risk weighted assets as (a) Shishu: covering loans up to 50,000/- defined in RBI Basel III guidelines (b) Kishor: covering loans above 50,000/-&up to 5 lakh b) Net NPA ratio (c)Tarun: covering loans above 5 lakh to 10 lakh NNPA ratio – the percentage of net NPAs to net advances

c) Return on Assets Indian Banks' Association (IBA) ROA – the percentage of profit after tax to average total Indian Banks' Association (IBA) set up in 1946 with assets 22 members to discuss issues of common interests. C. Leverage would be monitored additionally as part of Over the years, IBA emerged as the Voice of Indian the PCA framework. Banking Industry. IBA adopts a consultative approach D. Breach of any risk threshold (as detailed under) would to give its views on any issue pertaining to banking result in invocation of PCA. sector. As on December 28, 2015 the total Membership E. The PCA framework would apply without exception to of the Association is 237. Ordinary: 139 Associate: 98 Total: 237 all banks operating in India including small banks & Rajeev Rishi is present Chairman of IBA & it‘s foreign banks operating through branches or subsidiaries headquarter is in Mumbai. based on breach of risk thresholds of identified indicators. F. A bank will be placed under PCA framework based on Prompt Corrective Action (PCA) the audited Annual Financial Results & the Supervisory To ensure that banks don't go bust, RBI has put in place Assessment made by RBI. some trigger points to assess, monitor, control & take Currency Quick Facts corrective actions on banks which are weak & troubled. Den. Letter Colour Motif Dimension 50 - Fluorescent Hampi 66 mm x Blue with Chariot 135 mm 86 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 200 H Bright Sanchi Stupa 66 mm × 150mm Yellow 146 mm 2000 - Magenta Mangalyaan 66mm x 500 - Stone Grey Red Fort 66mm x 166mm

STATIC GK CAPSULE for IBPS CLERK MAINS 2018

List of Schemes & Apps launched by Banks India‘s first‖ transparent credit card ―in association Airtel money – AXIS BANK + AIRTEL with American Express – ICICI Bank Asha Home loan – AXIS BANK India‘s first credit card exclusively for GOLF – RBL BOUTIQUE FINANCING SCHEME – State Bank of Bank India Instant money transfer – Bank of India Branch on Wheel – ICICI Bank in Odisha Kotak Bharat‘ mobile banking app ­- Kotak Mahindra Chillar – HDFC Bank Bank (KMB) China‘s first online Banking ―webank‖ – Tancet ‗Saral­ Rural Housing Loan‘ Scheme ­- ICICI Bank Holdings Awareness initiative ‗Dhanchayat -• HDFC Bank DDA Housing Scheme 2014 – HDFC Bank UPI App That Turns Your Smartphone into a Bank for Digital Banking ―POCKET‖ – ICICI Bank Easy Transfers – RBI Digital Village Project in Akodara Village of Gujarat – SBI launches ‗State Bank of India No Queue‘ Mobile ICICI Bank App – State Bank of India eforex – State Bank of India ICICI Bank launches ‗ICICI Appathon‘, a Mobile App E-KYC – State Bank of India – ICICI Bank EMI ON DEBIT CARD – ICICI Bank launches ‗LVB Mobile‘ app – E-Wallet – IRCTC Bank Laxmi Vilas Bank Facebook-based funds transfer platform ―KayPay‖ – IMT APP -(Instant Money transfer ) Launched By – Kotak Mahindra Bank State Bank Of India First home grown INDEX ―COMPOSITE INDEX‖ – Ananya Project launched By – Syndicate Bank State Bank of India UcoPay wallet - UCO Bank I-Mobile app for windows phone – ICICI Bank LIME App - Axis Bank India‘s first‖ transparent credit card ―in association  PAYZAPP App - HDFC Bank with American Express – ICICI Bank List of Union Cabinet Ministers & their ICICI Apathon App – ICICI Bank launches ‗ICICI Constituency Appathon‘, a Mobile App Development Challenge India‘s first credit card exclusively for GOLF LOVERS Cabinet Ministers Portfolio Constituency – RBL Bank Shri Raj Nath Lucknow, Uttar Home Affairs Instant money transfer – Bank of India Singh Pradesh Instant Money Transfer (IMT) – Bank of India Vidisha, Kisan card – Smt. Sushma AXIS BANK External Affairs Madhya Swaraj Maha Millionaire‖, ―Maha Lakhpati‖ – Bank of Pradesh Maharashtra Finance & Gujarat Rajaya Shri Arun Jaitley M-Pesa – ICICI Bank+Vodafone Corporate Affairs Sabha M-Wallet – Canara Bank Road Transport & State Bank Freedom App – State Bank of India Highways Student Travel Card – ICICI Bank Shipping, Water Shri Nitin Jairam Nagpur, TAB BANKING FACILITY – State Bank of India Resources, River Gadkari Maharashtra Tap & pay – ICICI Bank Development & Twitter Handle account – State Bank of India Ganga Video conferencing – IndusInd & federal bank Rejuvenation Youth for India – State Bank of India Andhra Shri Suresh Commerce & First home grown INDEX ―COMPOSITE INDEX‖ – Pradesh, Rajya Prabhu Industry State Bank of India Sabha

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Sadananda Gowda Programme North, Javadekar Development Pradesh, Rajya Implementation Karnataka Sabha Sushri Uma Drinking Water & Jhansi, Uttar Petroleum & Bharati Sanitation Pradesh Natural Gas Shri Dharmendra Consumer Affairs, Skill Development Deogarh Shri Ramvilas Pradhan Food & Public Hajipuri, Bihar & Paswan Distribution Entrepreneurship Railways Smt. Maneka Women & Child , Uttar Shri Piyush Goyal Maharashtra Sanjay Gandhi Development Pradesh Coal Chemicals & Smt. Nirmala Rajya Sabha Bangalore Defence Fertilizers Sitharaman Karnataka Shri Ananthkumar South, Parliamentary Shri Mukhtar Karnataka Minority Affairs Jharkhand Affairs Abbas Naqvi Law & Justice Shri Ravi Shankar Electronics & Bihar – Rajya Important Sport Evets

Prasad Information Sabha Technology Summer Olympics Japan (2020); Paris (2024), Los Angles (2028) Himachal Shri Jagat Prakash Health & Family Winer Olympics Pyeong Chang, South Korea Pradesh, Rajya Nadda Welfare (2018); Beijing China (2022) Sabha Common Wealth Queensland, Australia (2018); Shri Ashok Vizianagaram, Games London (2022) Gajapathi Raju Civil Aviation Andhra Asian Games Indonesia (2018); Hangzohu, Pusapati Pradesh China (2022) Heavy Industries & Raigad, Shri Anant Geete FIFA Russia (2018); Qatar (2022) Public Enterprises Maharashtra Common Wealth Brahmas (2017); Belfast (2021) Smt. Harsimrat Food Processing Bathinda, Youth Games Kaur Badal Industries Punjab Common Wealth Lima, Peru (2018) Rural Development Gwalior, Weightlifting Shri Narendra Panchayati Raj Madhya Championship Singh Tomar Mines Pradesh Men Hockey World Cup 2018 (India) Shri Chaudhary Haryana, Rajya Steel Women Hockey World Cup 2018 (London) Birender Singh Sabha ICC Women Cricket World 2021 (New Zealand) Sundargarh, Shri Jual Oram Tribal Affairs Cup Odisha ICC Men Cricket World 2019 (England); 2023 Purvi Shri Radha Mohan Agriculture & Cup (India) Champaran, Singh Farmers Welfare FIFA (Women) World Cup 2019 (France) → Dare to Bihar Shine Madhya Shri Thawar Social Justice & ITTF Table Tennis World 2018 (London) Pradesh, Rajya Chand Gehlot Empowerment Cup Sabha Information & Quick Facts Related to International Campaign to Abolish Smt. Smriti Zubin Gujarat, Rajya Broadcasting and Nuclear Weapons (ICAN) Irani Sabha Textiles It is a coalition of non-Govt.al organizations in one hundred countries promoting adherence to & Science & implementation of the United Nations nuclear weapon Technology ban treaty. Dr. Harsh Earth Chandni ICAN began in Australia & was officially launched in Vardhan Sciences, Environm Chowk, Delhi Vienna, Austria in 2007. ent, Forest & ICAN‘s HQ: is in Geneva, Switzerland. Beatrice Fihn is Climate Change the Executive Director of ICAN. Shri Prakash Human Resource Madhya 88 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Venues for the upcoming Tournaments OPEC Vienna Hockey World Cup 2018 Venue: Amnesty International London 1. Men‘s Hockey World Cup – India 2. Women‘s Hockey World Cup - England Commonwealth of Nations London International Maritime London ICC World Cup Cricket Venue: Organization ODI: (One day International): ICJ (International Court of Justice) The Hague 1. England - 2019 Food&Agricultural Organization Rome 2. India – 2023 NATO T20 World Cup: 1. Australia - 2020. Transparency International Berlin SAARC Kathmandu FIFA (Football) World Cup venue ASEAN Jakarta 1. 2018: Russia APEC (Asia Pacific Economic Singapore 2. 2022: Qatar Forum) Commonwealth Games venues: Organization of Islamic Jeddah 1. 2014 – (Scotland). Cooperation 2. 2018 – Gold Coast (Australia).

3. 2022: Birmingham (England) Revolutions in the field of agriculture in India:

Black Revolution - Petroleum Production Olympics Games venues: Blue Revolution - Fish Production 1. 2014 winter: Sochi (Russia) Brown Revolution - Leather/Non-conventional 2. 2016 Summer: Rio de Janeiro (Brazil) (India)/Cocoa production 3. 2018 winter: Pyeongchang (South Korea) Golden Fiber Revolution - Jute Production 4. 2020 summer: Tokyo (Japan) Golden Revolution - Fruits/Overall Horticulture 5. 2022 Winter: Beijing (China) development/Honey Production 6. 2024 Summer: Paris (France) Green Revolution - Food grains

Grey Revolution - Fertilizer Asian Games host cities: Pink Revolution - Onion production/Pharmaceutical 1. 2014: Incheon (South Korea) (Note: 2010 Asain Games (India)/ Prawn production held in Guangzhou, China). Red Revolution - Meat & Tomato Production 2. 2018: Jakarta, Indonesia Round Revolution - Potato 3. 2022: Hangzhou, China Silver Fiber Revolution - Cotton

Silver Revolution - Egg/Poultry Production United Nations HQ: White Revolution (In India: Operation Flood) - International Organizations HQ: Milk/Dairy production UNO (United Nations Org) New York Yellow Revolution - Oil Seeds production UNICEF New York Evergreen Revolution - Overall development of UNCTAD Geneva Agriculture.

WHO (World Health Org) Geneva CENSUS ILO (International Labour Org) Geneva 1) The population of the country as per the provisional WMO (World Meteorological Org) Geneva figures of Census 2011 is 1210.19 million of which 623.7 World Intellectual Property Org Geneva million (51.54%) are males&586.46 million (48.46%) are International Standards Org. Geneva females. The major highlights of the Census 2011 (Provisional IMF Washington DC figures) are as under: World Bank Washington DC *The population of India has increased by more than 181 UNESCO Paris million during the decade 2001-2011. OECD Paris 2) %age growth in 2001-2011 is 17.64; males 17.19&females UNIDO (United Nations Vienna 18.12. Industrial Dev. Org) 3) *Uttar Pradesh (199.5 million) is the most populous State in the country followed by Maharashtra with 112 IAEA (International Atomic Energy Vienna million. Agency) 89 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Some of the highlights Director General, BSF K K Sharma Slogan - Our census, Our Future Director General, SSB Rajni Kant Mishra India's 1st Census - 1872 Director General, CRPF Rajiv Rai Bhatnagar 2011 Census is - 15th Census Director General, ITBP RK Pachnada Total Population - 1,21,01,93,422 Solicitor General Ranjit Kumar resigned India's Rank in population - 2nd with 17.5% (1st China Attorney General KK Venugopal with 19%) Chairperson, National Justice Swatantra Kumar Most Populous State - Uttar Pradesh Green Tribunal Least Populous State - Sikkim Director, NCERT Hrushikesh Senapaty Most Literate State - Kerala (93.9%) President, ASSOCHAM Sandeep Jajodia

Least Literate State - Bihar (63.82%) Chairperson, NASSCOM Raman Roy National Sex Ratio - Female : Male (940 : 1000) Chairman, Press Trust of Vivek Goenka Highest Sex Ratio (State) - Kerala (1084 : 1000) India Lowest Sex Ratio (State) - Haryana Highest Sex Ratio (UT) - Puducherry Least Sex Ratio (UT) - Damn & Dayyu (61 : 1000) Literacy of Male - 82.14% Literacy of Female - 65.46% Population Growth Rate - 17.64% Highest fertility Rate - Meghalaya Most literate union territory - Lakshadweep (92.2%) Least literate Union Territory - Dadra Nagar & Haweli Most Literate District - Serechhip (Mizoram) Least Literate District - Dadra Naga & Haveli Highest Density of Population - Bihar (1102 sq.km) Lowest Density of Population - Arunachal Pradesh (17) Total number of districts - 640 Highest Populous District - Thane (Mumbai) 100% Literacy District - Palakkad (Kerala)

100% Banking State - Kerala Bureaucrats

100% Banking District - Palakkad (Kerala)

Density of Population in India - 382 sq. km Designation Name Increase in population (during 2001-2011) - 181 million National Security Advisor Ajit Kumar Doval

Chairman, Railway Board Ashwani Lohani Who‘s who? Director, Central Bureau of Alok Verma

Investigation (CBI) Important National Officials Chief, Intelligence Bureau (IB) Rajiv Jain Designation Name Chief, Research&Analysis Anil Dhasmana Chairperson, CBDT Suhsil Chandra Wing (RAW) Chairperson, National Nand Kumar Sai Director General, NIA YC Modi Commission for Scheduled Tribes

Chairperson, UGC V.S Chauhan Important Dignitaries Chairman, ISRO AS Kiran Kumar Post Name Chairman, Atomic Energy Commission Shekhar Basu Chief Justice, Supreme Court Deepak Misra(45th) Chairperson, TRAI Ram Sevak Sharma Speaker, Lok Sabha Sumitra Mahajan Chairperson, NHAI Deepak Kumar Deputy Speaker, Lok Sabha M. Thambidurai Chairman, National Cadet Hemant M Nerurkar Comptroller&Auditor General Rajiv Mehrishi Corps of India Chairperson, Central Anita Karwal Chief Election Commissioner AK Joti Board of Secondary Chairman, Union Public Service David R. Syiemlieh Education Commission Chairperson, IRDAI TS Vijayan Deputy Chairman, Rajya Sabha PJ Kurien Chairperson, Press Council CK Prasad of India 90 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Important International Officials Tokyo Stock Exchange: HQ in Tokyo London Stock Exchange: HQ in London. Designation Name Shanghai Stock Exchange: HQ in Shanghai. Secretary-General, United Antonio Guterres Hong Kong Stock Exchange: HQ in Hong Kong. Nations Organisation Toronto Stock Exchange: HQ in Toronto. Managing Director, International Christine Lagarde BM&F Bovespa: HQ in Sao Paul Monetary Fund Australian Securities Exchange: HQ in Deutsche Börse: HQ in Frankfurt. President, World Bank Jim Yong Kim Taiwan Stock Exchange – HQ in the city of Taipei Director-General, World Trade Roberto Azevedo JSE Limited HQ in Johannesburg, South Africa. Organisation American Stock Exchange (AMEX) HQ in New York, DG, UNESCO Audrey Azoulay USA President, UN General Assembly Miroslav Lajcak Borsa Italia HQ in Milan, Italy Director-General, WHO Tedros Adhanom London International Financial Futures&Options Ghebreyesus Exchange (LIFFE) HQ in London, Great Britain President, International Court of Ronny Abraham Montreal Exchange (MSE) HQ in Montreal, Canada Justice Nordic: Baltic market (OMX) HQ in Stockholm, Sweden President, Asian Development Takehiko Nakao Bolsa de Madrid (Madrid Stock Exchange) HQ in Bank Madrid, Spain President, International Olympic Thomas Bach Afghanistan Stock Exchange HQ in Kabul Committee Chittagong Stock Exchange HQ in Chittagong

Director-General, International Yukiya Amano Royal Securities Exchange of Bhutan HQ inThimphu

Atomic Energy Agency Maldives Stock Exchange HQ in Malé Nepal Stock Exchange HQ in Kathmandu Secretary-General, NATO Jens Stoltenberg Sialkot Stock Exchange HQ in Sialkot Secretary-General, ASEAN Lee Luang Minh Colombo Stock Exchange HQ in Colombo Secretary-General, SAARC Amjad Hussain B Sial Famous Temples in India Secretary-General, Patricia Scotland Badrinath Temple: Chamoli district, Uttarakhand Commonwealth The Konark Sun Temple: Puri district of Odisha President, FIFA Gianni Infantino Brihadeeswara Temple: Thanjavur city of Tamil Nadu Chairman, International Cricket Shashank Manohar Somnath Temple: Saurashtra (Gujarat) Council Kedarnath Temple: Garhwal area (Uttarakhand) Sanchi Stupa: Raisen district of Madhya Pradesh The 12 Major Ports are Ramanathaswamy Temple: Tamil Nadu Vaishno Devi Mandir: J&K, near Katra. Port State Siddhivinayak Temple: Prabha Devi, Mumbai Kolkata West Bengal Gangotri Temple: Uttarkashi district of Uttarakhand Paradip Orissa Golden Temple or Sri Harmandir Sahib: Amritsar Vishakhapatnam Andhra Pradesh Kashi Vishwanath Temple: Varanasi (Uttar Pradesh) Chennai Tamil Nadu Lord Jagannath Temple: Puri (Orissa) Ennore Tamil Nadu Yamunotri Temple: Uttarkashi district of Uttarakhand Tuticorin Tamil Nadu Meenakshi Temple: Madurai (Tamil Nadu)

Cochin Kerala Amarnath Cave Temple: State of J&K Lingaraja Temple: Orissa New Mangalore Karnataka Tirupati Balaji: Tirumala (Andhra Pradesh) Mormugao Goa Kanchipuram Temples: Tamil Nadu Jawaharlal Nehru Maharashtra Khajuraho Temple: Madhya Pradesh Mumbai Maharashtra Virupaksha Temple: Hampi, Bellary, Karnataka Kandla Gujarat Akshardham Temple: Delhi

Shri Digambar Jain Lal Mandir: Oldest Jain temple in Stock Exchanges around the World Delhi New York Stock Exchange (NYSE): HQ in New York Gomateshwara Temple: Shravanabelagola town of City Karnataka NASDAQ OMX: HQ in New York City. 91 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Ranakpur Temple: Pali district of Rajasthan Airport

Shirdi Sai Baba Temple: Shirdi town of Maharashtra Bagdogra Airport Bagdogra West Bengal Sree Padmanabhaswamy Temple : Thiruvananthapuram, the capital city of Kerala Veer Savarkar Port Blair andaman&Nicoba Dwarkadhish Temple: Dwarka city (Gujarat) International r Islands Laxminarayan Temple: In Delhi Airport Birsa Munda Ranchi Jharkhand IMPORTANT AIRPORTS IN INDIA Airport Maharana Pratap Udaipur Rajasthan Airport City State/UT Airport Kempegowda Bangalore Karnataka Raja Bhoj Bhopal Madhya Pradesh International International Airport Airport Netaji Subhash Kolkata West Bengal Jolly Grant Airport Dehradun Uttrakhand Chandra Bose Rajahmundry Rajahmundry Andhra Pradesh International Airport Airport Silchar Airport Silchar Assam Rajiv Gandhi Hyderabad Telangana International Lengpui Airport Aizwal Mizoram Airport Zaruki Shillong Meghalaya Sardar Vallabhbhai Ahmedabad Gujarat International Patel International Airport Airport Daporijo Airport Daporijo Arunachal Chaudhary Charan Lucknow Uttar Pradesh Pradesh Singh International Tezu Airport Tezu Arunachal Airport Pradesh Lokpriya Gopinath Guwahati Assam Kandla Airport Kandla Gujarat Bordoloi International Sonari Airport Jamshedpur Jharkhand Airport Birsa Munda Ranchi Jharkhand Srinagar Airport Srinagar J&K Airport Biju Patnaik Bhubaneswar Odisha Agatti Aerodrome Agatti Lakshadweep International Airport Visakhapatnam Visakhapatna Andhra Pradesh Airport m Devi Ahilyabai Indore Madhya Pradesh Holkar Airport Dr. Babasaheb Nagpur Maharashtra Ambedkar International Airport Lok Nayak Patna Bihar Jayaprakash Airport Sri Guru Ram Dass Amritsar Punjab Jee International Airport Swami Raipur Chhattisgarh

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 BOUNDARY LINES Salal (Rockfill& Chenab J&K Durand Line: Afghanistan & Pakistan Concrete) Dam Hindenburg Line: Germany & Poland. Supa Dam Mason-dixon Line: Line of demarcation between four Kali Nadi Karnataka states in the United States. Koteshwar Dam Bhagirathi Uttarakhand Mannerheim Line: Russia- border. Rihand Dam Rihand Uttar Pradesh Macmahon Line: India & China Medicine Line: Canada & the United States. Indira Sagar Narmada Madhya Pradesh Order-neisse Line: Poland & Germany (NHDC) Dam Radcliffe Line: India & Pakistan. Pillur Dam Bhavani Tamil Nadu Siegfried Line: Germany on its border with France. Madupetty (Eb) Palar Kerala 17th Parallel: North Vietnam & South Vietnam Dam 26th Parallel south: Africa, Australia & South America. 30TH PARALLEL Equator & the North Pole. Parbati II Dam Parbati Himachal 38th Parallel: Separates North Korea&South Korea. Pradesh 39th Parallel north is an imaginary circle of latitude that Chakra Dam Chakra Karnataka is 39 degrees north of the Earth‘s equatorial plane. 40th Parallel north: formed the original northern Ukai Dam Tapi Gujarat boundary of the British Colony of Maryland. 42nd Parallel north: New York - Pennsylania Border. CLASSICAL DANCES&FOLK DANCES IN INDIA The Parallel 440 north is an imaginary circle of latitude that is 44 degrees north of the Earth‘s equatorial plane. Indian Classical Dances 45th Parallel north is often called the halfway point Bharatnatyam: Tamil Nadu & Karnataka between the Equator&the North Pole. Kathak: North India 45th parallel makes up most of the boundary between Kathakali: Kerala. Montana&Wyoming. Kuchipudi: Andhra Pradesh. 49th Parallel is the boundary between USA&Canada Manipuri: Manipur Mohiniattam: Kerala. IMPORTANT DAMS IN INDIA Odissi: Orissa state. Gaudiya Nritya: West Bengal Dam River State Sattriya: Assam Ghoomar: Rajasthan Tehri Dam Bhagirathi Uttarakhand Thang Ta: Manipur Lakhwar Dam Yamuna Uttarakhand Folk dances in India Idukki (Eb)/Idukki Periyar Kerala dance: Folk dance of Madhya Pradesh Arch Dam Chhau: Folk dance of Bihar Bhakra Dam Satluj Himachal Bihu: Folk dance of Assam Pradesh Dumhal: Popular dance of Kashmir Pakal Dul Dam Marusudar J&K Padayani: Southern Kerala. Dollu Kunitha: Karnataka state. Sardar Sarover Narmada Gujarat Dandiya: Popular folk dance of Gujarat. Gujarat Dam Bathukamma: Flower & Cultural Festival of Telangana Srisailam Krishna Andhra Pradesh Changu: Odissa & Andhra Pradesh. (N.S.R.S.P) Dam Dhaman: Punjab & Andhra Pradesh

Ranjit Sagar Dam Ravi Punjab Gair: Rajasthan Garba: Gujarat Baglihar Dam CHENAB J&K Gatka: Punjab Pong Dam Beas Himachal Karagam: Tamil Nadu. Pradesh Raas: Gujarat Dumhal: A folk dance of Kashmir. Nagarjuna Sagar Krishna Telangana Chau: Orissa, Bihar & West Bengal Dam

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 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, 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 15th June: World Elder Abuse Awareness Day Important Days: December 3rd Sunday of June: World Father's Day 1st Dec: World Aids Day 21st June: International Yoga Day 2nd Dec: International Day for the Abolition of Slavery 23rd June: International Olympic Day 4th Dec: Indian Navy Day 26th June: International Day against Drug Abuse & Illicit 7th Dec: Indian Armed Force Flag Day, International Civil Trafficking Aviation Day 9th Dec: International Day against Corruption Important Days: January 10th Dec: Human Rights Day 4th Jan: International World Braille Day 14th Dec: National Energy Conservation Day (India) 9th Jan: NRI Day 18th Dec: International Migrants Day 10th Jan: World Laughter Day 23rd Dec: Farmers Day (India) 12th Jan: National youth day (India) 29th Dec: International Biodiversity Day 15th Jan: Army Day (India) 24th Jan: National Girl child day (India) 25th Jan: Tourism Day & National Voters Day (India) Important Days: March Important Days: February 8 Mar: International Women‘s Day 2nd Feb: World Wetlands Day 15 Mar: World Consumer Rights Day, World Disabled Day

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 4th Feb: World Cancer Awareness Day 16 Mar: National Vaccination Day 21st Feb: International Mother Language Day World Forestry Day: 21Mar 23th Feb: World Peace & Understanding Day World Day for Water: 22Mar 28th Feb: National Science Day (India) World TB Day: 24 Mar Nick Names of Important Indian Places Abode Of The God Prayag(Allahabad) Pittsburg Of India Jamshedpur Nick Names City Golden City Amritsar Important Defence Exercise Conducted in the World Manchester Of India Ahmedabad Garuda: India-France City Of Seven Islands Mumbai HAND-HAND: India-China Indra: Queen Of Arabian Sea Cochin India-Russia Jimex: India-Japan Space City Bangalore Malbar: Us-India-Japan Garden City Of India Bangalore Shade: Naval Forces Of India, Japan&China Silicon Valley Of India Bangalore Surya Kiran: India&Nepal Electronic City Of India Bangalore Varuna: France&India Pink City Jaipur Simbex: Indian Navy With Republic Of Singapore Gateway Of India Mumbai Navy Ibsamar: India with Brazil&South African Navy Twin City: Hyderabad, Secunderabad Konkan: Indian Navy&Royal Navy Of Britain City Of Festivals Madurai Ausindex: Indian&Australian Navy Deccan Queen Pune Indradhanush Or Rainbow: India-Uk Air Exercises City Of Buildings Kolkata Nomadic Elephant: Indian Army Exercises with Dakshin Ganga Godavari Mongolia Old Ganga Godavari Ekuverin: Maldives&India Garuda Shakti: India&Indonesia Egg Bowls Of Asia Andhra Pradesh Mitra Shakti: India-Sri Lanka Soya Region Madhya Pradesh Naseem Al-Bahr: India-Oman Manchester Of The South Coimbatore SLINEX: Joint exercise in Navy between India&Sri City Of Nawabs Lucknow Lanka Venice Of The East Cochin Sahyog-Kaijin -Joint exercise of Coast Guards of Sorrow Of Bengal India&Japan Malabar: India&US Sorrow Of Bihar Kosi River Yudh Abhyas: India&US Blue Mountains Nilgiri Red flag: India&US Queen Of The Mountains Mussoorie (Uttarakhand) Cope: India&US Sacred River Ganga SAMPRITI – India&Bangladesh Hollywood Of India Mumbai City Of Castles Kolkata Stadiums Around the World

State Of Five Rivers Punjab Stadiums in Australia City Of Weavers Panipat Adelaide Oval- Adelaide City Of Lakes Srinagar Bundaberg Rum Stadium- Cairns Steel City Of India Jamshedpur (Called Telstra Dome- Melbourne Tatanagar) Manuka Oval- Canberra City Of Temples Varanasi Marrara Cricket Ground- Darwin Manchester Of The North Kanpur Melbourne Cricket Ground- Melbourne Sydney Cricket Ground- Sydney City Of Rallies New Delhi W.A.C.A. Ground- Perth Heaven Of India J&K Boston Of India Ahmedabad Stadiums in Bangladesh Garden Of Spices Of India Kerala Bangabandhu National Stadium- Dhaka Switzerland Of India Kashmir Chittagong Stadium- Chittagong

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GA POWER CAPSULE FOR IBPS CLERK MAINS 2018 Stadiums in England Newlands-Cape Town Edgbaston- Birmingham St George's Park-Port Elizabeth Headingley- Leeds Centurion Super Sport Park- Lord's- London Old Trafford- Manchester Stadium in Sri Lanka Sophia Gardens- Cardiff Colombo Cricket Club Ground-Colombo St Lawrence Ground- Canterbury Galle International Stadium-Galle The Brit Oval- London P.Saravanamuttu Stadium-Colombo Trent Bridge- Nottingham R.Premadasa Stadium-Colombo Sinhalese Sports Club Ground-Colombo Stadiums in India Barabati Stadium -Cuttack Stadiums in West Indies Barkatullah Khan Stadium -Jodhpur Sabina Park Kingston-Jamaica Barsapara Cricket Stadium: Guwahati Antigua Recreation Ground St John's-Antigua Greenfield International Stadium: Cricket Stadium Georgetown-Guyana Thiruvananthapuram Kensington Oval Bridgetown- Brabourne Stadium -Mumbai Mindoo Phillip Park Castries-St Lucia Eden Gardens -Kolkata Albion Sports Complex Berbice-Guyana Feroz Shah Kotla -Delhi Gandhi Stadium -Jalandhar Stadiums in Zimbabwe Green Park -Kanpur Bulawayo Athletic Club-Bulawayo Indira Gandhi Stadium -Vijayawada Harare Sports Club-Harare Rajiv Gandhi Port Silver Jubilee Stadium - Kwekwe Sports Club-Kwekwe Visakhapatnam Queens Sports Club-Bulawayo Jawaharlal Nehru Stadium -New Delhi Lal Bahadur Shastri Stadium -Hyderabad Stadiums in United Arab Emirates M.Chinnaswamy Stadium -Bangalore Sheikh Zayed Stadium-Abu Dhabi MA Chidambaram Stadium -Chennai Sharjah Cricket Stadium-Sharjah Madhavrao Scindia Cricket Ground -Rajkot Moin-ul-Haq Stadium -Patna Sardar Vallabhai Patel Motera Stadium - Ahmedabad Sawai Mansingh Stadium -Jaipur Vidarbha CA Ground -Nagpur Wankhede Stadium –Mumbai Jawaharlal Nehru Stadium: Kochi (Kerala) Dr. Bhupen Hazarika Cricket Stadium: Guwahati (Assam) Dhyan Chand National Stadium: Delhi

Stadiums in New Zealand Basin Reserve-Wellington Eden Park-Auckland Jade Stadium-Christchurch John Davies Oval-Queenstown

McLean Park-Napier

Stadiums in Pakistan Arbab Niaz Stadium-Peshawar Ayub National Stadium-Quetta Gaddafi Stadium-Lahore

Stadiums in South Africa Kingsmead-Durban New Wanderers Stadium-Johannesburg 96 www.bankersadda.com | www.sscadda.com | www.careerpower.in | ADDA247 THE APP