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

Contents of GA Power Capsule for RBI ASSISTANT MAINS & IBPS SO PRE 2017-18 The Most Important Current Affairs for RBI ASSISTANT & IBPS SO 2017 EXAMS ...... 2 BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS ...... 9 ECONOMY/FINANCIAL CURRENT AFFAIRS ...... 13 Static Takeaways from Banking & Economy Current Affairs ...... 14 Static Take Aways December 2017 Current Affairs ...... 16 Static Take Aways November 2017 Current Affairs ...... 17 Static Take Aways from October 2017 Current Affairs ...... 21 BUSINESS NEWS (NATIONAL & INTERNATIONAL) ...... 23 AGREEMENTS/MOU SIGNED ...... 25 Countries|Capital|Currency Part 1 ...... 27 NEW APPOINTMENTS: NATIONAL ...... 27 NEW APPOINTMENTS: INTERNATIONAL ...... 29 Static Takeaways from New Appointments ...... 30 AWARDS ...... 30 Static Takeaways from Awards & Recognition ...... 33 CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL) ...... 34 COMMITTEES IN NEWS ...... 36 NATIONAL CURRENT AFFAIRS ...... 37 INTERNATIONAL CURRENT AFFAIRS ...... 39 Countries|Capital |Currency Part 2 ...... 41 CURRENT AFFAIRS RELATED TO STATES IN ...... 42 ALL ABOUT THE STATES IN INDIA CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS / POWER PLANTS IN INDIA ...... 44 OBITUARIES (NATIONAL/INTERNATIONAL) ...... 47 LIST/INDEXES ANNOUNCED RECENTLY ...... 48 Static Takeaways: Index/Reports released by different Organisations ...... 50 IMPORTANT DAYS OBSERVED RECENTLY ...... 51 BOOKS & AUTHORS ...... 52 DEFENCE CURRENT AFFAIRS ...... 53 SPORTS CURRENT AFFAIRS ...... 55 INTERNATIONAL ORGANIZATION IN NEWS ...... 60 SCIENCE & TECHNOLOGY (NASA, ISRO & OTHERS) ...... 60 POWER PLANTS ESTABLISHED ...... 60 SCHEMES ...... 60 MISCELLANEOUS TOPICS ...... 62 Important MoU’s Approved by the Cabinet under PM Modi ...... 65 BANKING AWARENESS CAPSULE ...... 65 HANDY NOTES BANKING: PRIORITY SECTOR LENDING ...... 73 STATIC GK CAPSULE 2017 ...... 86 IMPORTANT AIRPORTS IN INDIA ...... 89 BOUNDARY LINES ...... 90 IMPORTANT DAMS IN INDIA ...... 90 CLASSICAL DANCES&FOLK DANCES IN INDIA ...... 90 IMPORTANT DAYS ...... 91

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 The Most Important Current Affairs for RBI ASSISTANT & IBPS SO 2017 EXAMS

All About the Star Screen Awards 2017 held in Distinguished Service Cross (DSC) 6,000 (From 2800) The annual film awards recognises the best of talent in Military Cross (MC) 6,000 (From 2800) films. Vidya Balan bagged the award for Best Actress Distinguished Flying Cross (DFC) for (Critics) for Tumhari Sulu, Irrfan won the Best Actor Award 6,000 (From 2800) Officers for his performance in Hindi Medium. Rajkummar Rao won the Best Actor Award (Critics) for Newton & Best Actor in a Distinguished Service Medal (DSM) 6,000 (From 2800) Supporting Role Award for Bareilly Ki Barfi as well. The Military Medal (MM) 6,000 (From 2800) complete list of winners are as follows: Distinguished Flying Medal (DFM) 6,000 (From 2800) Best Film (Critics): Newton for Other Ranks Best Director: Nitesh Tiwari (Dangal) Note: Chief of Army Staff- Bipin Rawat| Chief of Navy Best Actress (Critics): Vidya Balan (Tumhari Sulu) Staff- Sunil Lanba. | Chief of Air Staff- Birender Singh Best Actress: Konkona Sen Sharma (Lipstick Under My Dhanoa. Burkha) Best Actor (Critics): Rajkummar Rao (Newton) Women's Youth World Boxing Ch'ship held in Guwahati Best Actor: Irrfan Khan (Hindi Medium) Women's Youth World Boxing Championship begins in Best Supporting Actor: Rajkummar Rao (Bareilly Ki Guwahati, . Assam CM Sarbanand Sonowal has Barfi) inaugurated the event. Best Supporting Actor (Female): Neha Dhupia Important Points (Tumhari Sulu) 1. AIBA Youth Women's World Boxing Championship- Best Dialogues: Nitesh Tiwari & Shreyas Jain (Bareilly Mascot- one-horned rhino 'Guppy' Ki Barfi) Official Anthem- 'Make Some Noise' Best Lyrics: Amitabh Bhattacharya (Dangal) 2. Boxing Federation of India (BFI) President- Ajay Singh. Best Music Director: Pritam (Dangal) 3. AIBA- Amateur International Boxing Association. Best Debut Director: Suresh Triveni (Tumhari Sulu) 4. AIBA President- Dr Ching-Kuo Wu, Headquarters- Best Playback Singer: Arijit Singh . Best Playback Singer: Shashaa Tirupati 5. Ambassador for AIBA Youth Women’s World Boxing Championship 2017- Mary Kom. Center Enhances Monetary Allowances for Gallantry Award Winners Important Features of the New House Building Advance Govt. enhanced the monetary allowances for the Gallantry (HBA) rules: Award winners. Incorporating the accepted recommendations of 7th Pay Jangi Inam (a Pre-Independence Gallantry Award) Commission, the govt. has raised the maximum amount that (100% Increase) a central govt. employee can borrow from the govt. to Rs 25 Jangi Inam 1000 lakh for new construction/purchase of new house/flat. The Post-Independence Gallantry Awards (100% Increase) govt. also increased the amount that a central govt. Param Vir Chakra (PVC) 20,000 employee can borrow for expansion of their homes to 34 Ashoka Chakra 12,000 months of basic pay to a maximum of Rs 10 lakh, from Rs 1.80 lakh earlier. Also, the cost ceiling limit of the house Maha Vir Chakra (MVC) 10,000 which an employee can construct/ purchase has been Kirti Chakra (KC),000 9,000 revised to Rs 1.00 crore with a proviso of upward revision Vir Chakra (VrC) 7,000 of 25% in deserving cases. Shaurya Chakra (SC) 6,000 Sena/Nao Sena/Vayu 31st ASEAN Summit 2017 Highlights 2,000 Sena Medal 31st ASEAN (Association of Southeast Asian Nations) Pre-Independence Gallantry Awards Summit was held in Manila, . Philippine President Rodrigo Duterte chaired the summit. The Revised rate of Monetary Gallantry Award Allowance Summit, with the theme "Partnering for Change, Engaging the World". Distinguished Service Order (DSO) 8,000 (From 4000) Indian Order of Merit (10M) 8,000 (From 4000) Indian Distinguished Service 8,000 (From 4000) Medal(IOSM)

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Important wins from India side are as follows- 1. India won through Jitu Rai/Heena Sidhu (gold in mixed team 10m air pistol), 2. Sangram Dahiya (silver in men's double trap), and 3. Amanpreet Singh (bronze in men's 50m pistol). This was India's best ever result in the annual ISSF shooting centerpiece. China's Rio 2016 10m air pistol women's champion, Mengxue Zhang & Gengcheng Sui, were crowned Champion of Champions in pistol & rifle respectively.

Yonex French Open Badminton 2017: Complete List of Winners Meetings Held/Agreements Signed- Yonex French Open 2017 Badminton tournament was held 1. ASEAN Economic Community (AEC) Council Meeting in . French Open Badminton Tournament is held held, annually since 1909 in . 2. 16th ASEAN Political-Security Community

(APSC) Council Meeting held, Category Winner Runner-up 3. 20th ASEAN Coordinating Council (ACC) Meeting held, 4. The Master Plan on ASEAN Connectivity (MPAC) 2025 Men’s Singles Kidambi Srikanth Kenta Nishimoto Videos were launched, (India) () 5. Regional Comprehensive Economic Partnership Ministerial Women’s Tai Tzu Ying Akane Yamaguchi Meeting (RCEP MM), Singles (Chinese Taipei) (Japan) 6. Signing of the Side Agreements of the ASEAN-Hong Kong Men’s Doubles Lee Jhe-Huei & Mathias Boe & Investment Agreement (AHKIA), Lee Yang Carsten Mogensen 7. Signing of the ASEAN-Hong Kong, China (AHKFTA) Free (Chinese Taipei) () Trade Agreement (FTA). Women’s Apriyani Rahayu Lee So Hee & Shin India's Meetings/Bilateral Talks- Doubles & Greysia Polii Seung Chan 1. PM Modi visited the International Rice Research Institute () () (IRRI), in Philippines. The institute is working towards Mixed Doubles Tontowi Ahmad Zheng Siwei & developing better quality of rice seed & addressing food & Liliyana Natsir Chen Quingchen scarcity issues. (Indonesia) (China) 2. Indo-US Bilateral Talks- PM Modi & US President Trump held bilateral talks on sidelines of the ASEAN Summit in All You Need to Know About Paradise Papers Manila. Both leaders discussed a range of key issues Secret financial data leaked by the International including defence & security. They have resolved that "two Consortium of Investigative Journalists (ICIJ) named of the world’s great democracies should also have the 'Paradise Papers'. In the new set of records obtained world’s greatest militaries". primarily from Bermuda-based firm Appleby & 3. Four agreements were signed by India & Philippines- in -based Asiaciti Trust, a trove of 13.4 million areas including Defence Cooperation & Logistics, documents, named ‘Paradise Papers’. agriculture, MSME & forging closer relations between the It was obtained by German newspaper Suddeutsche Indian Council of World Affairs & the Philippines Foreign Zeitung & were investigated by the International Service Institute. Consortium of Investigative Journalists (ICIJ) working 4. PM Modi held bilateral talks with his Australian PM in partnership with 96 news organisations. The Paradise Malcolm Turnbul. In their brief meeting, both sides Papers also take into account corporate registries exchanged views on issues of mutual interest, including maintained by govt.s in 19 secret jurisdictions, which bilateral, regional & international issues. are often referred to as ‘tax havens’. Note: Philippines Capital- Manila, Currency- Philippine The Indian Express, part of the International peso. President- Rodrigo Duterte. Consortium of Investigative Journalists (ICIJ), reported that among the 180 countries represented in the data, ISSF World Cup 2017- Highlights India ranked 19th in terms of the number of names Hosts India finished seventh overall with one gold, one featured. The Paradise Papers aims to expose trails of silver, & a bronze, while pipped China in the medals veiled offshore financial activities. tally, as the ISSF World Cup Final, in New . The list has about 714 Indians. The leak has revealed names of famous personalities like Queen Elizabeth II,

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 lead vocalist of U2 band Bono & American singer 5. MoU between the Training Unit of the Ministry of Madonna. Few Important names from Indian side are Foreign Affairs & International Cooperation. Member of Parliament Ravindra Kishore Sinha, Former 6. MoU for promoting mutual investments between Italian corporate lobbyist Niira Radia, Business tycoon Vijay Trade Agency & Invest India Mallya & Minister of State for Civil Aviation Jayant Note: is the capital of Italy. Euro is the currency of Sinha. Italy. About International Consortium of Investigative Journalists (ICIJ)- All About FIFA U-17 World Cup 2017 ICIJ is a global network of more than 200 investigative i. The 17th edition of FIFA U-17 World Cup took place for journalists in 70 countries who collaborate on in-depth the first time in India. investigative stories. ii. ii. It is a biennial international football tournament of Founded in 1997 by American journalist Chuck Lewis. men’s under-17 national teams organized by Federation It is Headquartered in Washington, DC, USA. Internationale de Football Association (FIFA). Quick Facts- 7 Companies Given LoI for 14 monuments Under ‘Adopt The official Mascot for the FIFA U-17 World Cup 2017 a Heritage Scheme’ was clouded named ‘Kheleo’. Seven shortlisted companies were given ‘Letters of The official ball for Under-17 football World Cup is Intent’ for fourteen monuments under ‘Adopt a Heritage called ‘Krasava’. Scheme’ of Ministry of Tourism at the closing ceremony The final match of the event was held in Salt Lake of ‘Paryatan Parv’ at Rajpath Lawns, New Delhi. These Stadium, . companies will be the future ‘Monument Mitras’ who First in U-17 World Cup 2017- would associate pride with their CSR activities. This was the first time India hosted U-17 FIFA World 1. SBI Foundation shortlisted for the adoption of - Jantar Cup. Mantar, Delhi. Switzerland’s Esther Staubli became the first female 2. TK International Limited shortlisted for the adoption of- football referee to officiate a match. Sun Temple, Konark|Raja Rani Temple, Bhubaneshwar| Jeakson Singh creates history by scoring India’s first Ratnagiri Monuments, Jajpur, ever goal in FIFA World Cup. 3. Yatra Online Pvt. Limited shortlisted for the adoption of: FIFA U-17 WC in India becomes most attended in Hampi, | Leh Palace, Jammu & Kashmir event’s history for the first time. Qutub Minar, Delhi| Ajanta Caves, USA-Based Namit Deshpande becomes the First NRI to 4. Travel Corporation of India Ltd. shortlisted for the Play for India’s U17 World Cup Team. adoption of: Mattancherry Palace Museum, Kochi| Safdarjung Tomb, Delhi Winners & Awards- 5. Adventure Tour Operator Association of India shortlisted England has won the FIFA U-17 World Cup by for the adoption of : defeating by 5-2. Gangotri Temple Area & Trail to Gaumukh Phil Foden of England has been adjudged tournament’s Mt. StokKangri, Laddakh, Jammu & Kashmir best player & has been awarded ‘Golden Ball’. 6. Special Holidays Travel Pvt. Ltd. (With) Rotary Club of Rhian Brewster from England has scored the most goals Delhi shortlisted for: Agrasen ki Baoli, Delhi in the tournament (8 goals) & has been awarded, 7. NBCC shortlisted for the adoption of: Purana Quila, Delhi. 'Golden Boot'. Gabriel Brazao the goalkeeper of ’s national PM of Italy Visited India football team has won the ‘Golden Glove’.

Italian PM Paolo Gentiloni visited India. This is the first visit Brazil has won the Fair Play Award. by an Italian premier in 10 years. List of MoUs/Agreements signed between India & Italy were: All About ISSF, New Delhi 2017 1. Joint Declaration of Intent of Cooperation for Safety in Hosts India finished seventh overall with one gold, one the Railway sector silver, & a bronze, while Italy pipped China in the medals 2. MoU on 70 years of diplomatic relations between Indian tally, as the ISSF World Cup Final, in New Delhi. Important Council of Cultural Relations & Ministry of Foreign wins from India side are as follows-

Affairs & International Cooperation, Govt. of the 1. India won through Jitu Rai/Heena Sidhu (gold in mixed Republic of Italy team 10m air pistol),

3. MoU on cooperation In the field of Energy 2. Sangram Dahiya (silver in men's double trap), and

4. Executive Protocol on Cultural Cooperation 3. Amanpreet Singh (bronze in men's 50m pistol).

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Complete list of Nobel Prize Winners 2017 It aims to provide access to electricity to all families in The 2017 Nobel Prize were announced recently in 6 different India fields viz. Physiology or Medicine, Physics, Chemistry, The scheme will provide free electricity connection to Literature, Peace, & Economic Sciences. poor families of India, Field Description Winner The total outlay for Sahaj Bijli Har Ghar Yojana is Physiology for the discoveries of Jeffrey C. Hall pegged at Rs 16,320 crore, or Medicine molecular (USA), Michael The Centre will provide largely funds for the scheme mechanisms Rosbash (USA) & to all States/UTs, controlling the Michael W. Saubhagya Yojana will give access to electricity to all circadian rhythm Young (USA) ‘willing’ households in India. Physics for decisive Rainer Weiss contributions to the (), Barry Pradhan Mantri LPG Panchayat in launched LIGO detector & the C. Barish (USA) Union Minister for Petroleum & Natural Gas observation of & Kip S. Thorne Pradhan launched Pradhan Mantri LPG Panchayat gravitational waves (USA) at Mota Ishanpur village in Gandhinagar district of Chemistry for developing cryo- Jacques Dubochet Gujarat. electron microscopy (Swizerland), A total one lakh, Pradhan Mantri LPG Panchayats for the high- Joachim Frank would be organized across the country in next one & resolution structure (Germany) & half year to provide an interactive platform to the rural determination of Richard LPG users. biomolecules in Henderson He also inaugurated the Skill Development solution (Scotland) Institute at Adalaj near Ahmedabad as part of National in novels of great Kazuo Ishiguro Skill Development Mission.

Literature emotional force, has (Japan) Cooperation Organisation 2017 meeting held uncovered the abyss 1. The meeting of the Heads of State Council of the beneath our illusory Shanghai Cooperation Organisation was held in Astana. sense of connection 2. President of the Republic of (Chaired) with the world Nursultan Nazarbayev chaired the Meeting. Peace for its work to draw International 3. During the meet, India & became full members attention to the Campaign to of SCO. , China is the HQ of SCO. catastrophic Abolish Nuclear 4. It was founded in Shanghai in 2001. humanitarian Weapons (ICAN) 5. The next meeting will be held in 2018 in China. consequences of any (founded in

use of nuclear ) 12th G-20 Summit held in Germany weapons & for its 1. 12th G20 Summit 2017 held in , Germany. ground-breaking 2. Theme of summit was 'shaping an interconnected efforts to achieve a world'. treaty-based 3. The leaders adopted a declaration focusing on: prohibition of such a) sharing the benefits of globalization weapons b) building resilience c) improving sustainable livelihood d) Economic for contributions to Richard H. assuming responsibility Sciences behavioural Thaler (USA) 4. French President Macron announced that France will host economics another conference on climate change on 12 Dec 2017.

5. 13th G20 summit will be hosted by in 2018. All About the "Power for All - Saubhagya Scheme" PM Modi launched - Pradhan Mantri Sahaj Bijli Har Ghar Yojana ‘Saubhagya’ to provide electricity connections to over 4 crore families in rural & urban areas by December 2018. India will achieve the target of power for all by December 2018, while all villages will be electrified by the end of 2017. What is Saubhagya Scheme? The scheme means Sahaj Bijli Har Ghar Yojana,

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 All about the 9th BRICS Summit 2017 Shaurya Chakra 9th BRICS Summit was held in Xiamen, China. Maj Satish Dahiya(Posthumous) Army The Summit had five participating countries namely Maj Gosavi Kunal Munnagir Army Brazil, , India, China & . Nao Sena Medal(Gallantry) The theme was “BRICS: Stronger Partnership for a Lt Pushpinder Tyagi Navy Brighter Future”. Jaskaran Singh, Ch Mech Navy Pak-based terror groups named for 1st time: Terror Azhar Azharuddin Navy groups such as LeT & the JeM were named for causing Vayu Sena Medal(Gallantry) violence in the region, a first by the forum. Wing Commander Subhash Singh Rao Air Force China Announced $80 Million (apprx.) Funding Plan Wing Commander Ravinder Ahlawat Air Force for BRICS: China will give 500 million yuan ($76.4 million) for a BRICS economic & technology The 2017 National Sports Awards Announced cooperation plan, & another $4 million for projects at the Rajiv Gandhi Khel Ratna Award is given for BRICS countries' NDB stated Chinese President Xi spectacular & most outstanding performance in the field Jinping. of sports by a sportsperson over a period of four year, BRIC was established in 2006. Arjuna Award is given for consistency outstanding performance for four years, Dronacharya Award for WIMBELDON 2017 coaches for producing medal winners at prestigious 1. 131st Wimbeldon edition held in , UK. International sports events, Dhyan Chand Award for 2. became the first man to win Wimbledon life time contribution to sports development. eight times. Para athlete Devendra & hockey player Sardar Singh 3. Spain's Garbine Muguruza won her first Wimbledon will be honoured with the Rajiv Gandhi Khel Ratna title by defeating Venus Williams. Award. 4. 's Lukasz Kubot & Brazil's won the Arjuna Awards 2017 Wimbledon men's doubles. S. No. Name of the Awardees Discipline

5. clinched her 23rd title as the 1. Ms. V.J. Surekha Archery Swiss star & Scottish partner won the 2. Ms. Khushbir Kaur Athletics Wimbledon mixed doubles. 3. Mr. Arokia Rajiv Athletics

4. Ms. Prasanthi Singh Basketball The Complete List of the Winners of 2017 US OPEN 5. LaishramDebendro Singh Boxing Event Winner Runner-Up 6. Mr. CheteshwarPujara Cricket Men's Doubles Jean-Julien Feliciano Lopez / 7. Ms. Harmanpreet Kaur Cricket Rojer / Horia Marc Lopez 8. Tecau Ms. OinamBembem Devi Football 9. Women's Chan Yung-jan Lucie Hradecka / Mr. S.S.P. Chawrasia Golf Doubles / Martina Katerina 10. Mr. S.V. Sunil Hockey Hingis Siniakova 11. Mr. Jasvir Singh Kabaddi Mixed Doubles Martina Hingis Chan Hao-ching 12. Mr. P. N. Prakash Shooting / Jamie Murray / 13. Mr. A. Amalraj Table 14. Mr. SakethMyneni Tennis 112 Gallantry Awards was given on 71st Independence 15. Mr. SatyawartKadian Wrestling Day 16. Mr. Mariyappan Para-Athlete President Kovind approved 112 Gallantry Awards to 17. Mr. Varun Singh Bhati Para-Athlete armed forces & paramilitary personnel. 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. 6 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 e-Rashtriya Kisan Agri Mandi (e-RaKAM) portal is 1. Both Nations sign 15 pacts & with this India Japan Act launched to provide a platform for farmers to sell East Forum constituted to enhance connectivity & agricultural produce. promote developmental projects in the North East & E-RaKAM is a digital initiative aims to bring together countries adjoining the region. the farmers, PSUs, civil supplies & buyers on single 2. In the joint statement, both nations have expressed a platform to ease selling & buying process of agricultural 'zero tolerance' resolve against terrorism. products. 3. Both countries agreed on an India-Japan Roadmap for Investment Promotion. Govt. of India will launch new sub-scheme named 15 pacts were signed between the two sides. These “Aajeevika Grameen Express Yojana (AGEY)” included: GOI decided to launch a new sub-scheme named Setting up India Japan Act East Forum to enhance “Aajeevika Grameen Express Yojana (AGEY)” as part connectivity & promote developmental projects in of the Deendayal Antyodaya Yojana – National Rural NEast. Livelihoods Mission (DAY-NRLM). India-Japan Investment Promotion Road map to Self-Help Groups under DAY-NRLM will operate facilitate & accelerate Japanese investments in India road transport service in backward areas. This will help 'Japan-India special programme for ' to to provide safe, affordable & community monitored cooperate in infrastructure development programmes rural transport services to connect remote villages with in the Mandal Bechraj-Khoraj region of Gujarat. key services & amenities. Exchange of RoD on open skies in civil aviation sector. This will also provide an additional avenue of 3 agreements for promoting cooperation in science & livelihood for SHGs. technology fields. Community Investment Fund (CIF) provided to 4 pacts to boost education, research & strategic Community Based Organization (CBOs) under DAY- collaboration in the field of sports. NRLM will be utilized to support the SHG members Pact to enhance collaboration in disaster risk reduction in this new livelihood initiative. The beneficiary SHG & prevention. member will be provided an interest free loan by the 2 Agreements in research cooperation & Japanese CBO from its Community Investment Fund upto Rs.6.50 language education. lakh for purchase of the vehicle. Alternative, CBO will During the Visit, & Japanese PM Abe & PM Modi launch own the vehicle & lease it to an SHG member to operate bullet train project the vehicle & pay lease rental to the CBO The high-speed bullet train project in Ahmedabad, Gujarat was launched by Modi & Abe. Railway Minister PM historic visit to Piyush Goyal, Gujarat CM Rupani, & Maharashtra CM became the first PM from India to visit Israel Devendra Fadnavis were also present. in the last 70 years. 7 agreements signed between the two The bullet train is targeted to run between Mumbai & countries. Ahmedabad on a dedicated track by 2023. List of MoUs/Agreements signed during the visit The construction of the high-speed train corridor will 1. MoU for setting up of India-Israel Industrial R&D & create 4,000 direct jobs & at least 20,000 indirect jobs. Technological Innovation Fund (I4F). 2. MoU for Water Conservation in India PM Historic Visit to Myanmar in 2017 3. MoU on State Water Utility Reform in India PM Modi concludes his first bilateral visit to Myanmar. 4. India-Israel Development Cooperation – Three Year He was received by the Myanmar President Htin Kyaw. Work Program in Agriculture 2018-2020 PM visited 2,500-years-old Shwedagon pagoda, 5. Plan of Cooperation Between the Indian Space Research considered to be the pinnacle of Myanmar's cultural Organisation (ISRO) & the Israel Space Agency (ISA) heritage. He also performed 'puja' at Kalibari Temple. regarding cooperation in Atomic Clocks India & Myanmar signed 11 agreements. It includes 6. MoU between ISRO & ISA regarding cooperation in maritime security cooperation, to further strengthen GEO-LEO Optical Link their multifaceted partnership. 7. MoU between ISRO & ISA regarding cooperation in List of MoUs Signed During Visit of PM Modi to Electric Propulsion for Small Satellites Myanmar Important Takeaways MoU on Maritime Security Cooperation Benjamin Netanyahu is the PM of Israel. Cultural Exchange Programme for the year 2017-2020. Capital is Jerusalem. Israeli new shekel is Currency. MoU on Enhancing the Cooperation of Upgradation of Women's Police Training Centre at Yamethin, PM of Japan Shinzo Abe visited India for 12th India- Myanmar. Japan Annual Summit 2017: 15 Pacts signed 7 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 MoU for Sharing White Shipping Information between The new denomination has a motif of Hampi with the Indian Navy & Myanmar Navy Chariot on the reverse, depicting the country’s cultural Technical Agreement for providing Coastal heritage. Surveillance System The base colour of the note is Fluorescent Blue. MoU signed for Cooperation in Medical Products The dimension of the banknote will be 66 mm x 135 mm. Regulation. Ashoka Pillar emblem on the right, Exchange of Letter for Extension of MoU on the Swachh Bharat logo with slogan, establishment of MIIT The Panel of 15 Languages. Exchange of Letter for Extension of MoU on What are the features of Rs.200 Note establishment of India-Myanmar Center for The new denomination has Motif of Sanchi Stupa on the Enhancement of IT-Skill. reverse, depicting the country’s cultural heritage. MoU in field of elections between the Election The base colour of the note is Bright Yellow. Commission, India & Election Commission of The dimension of the banknote will be 66 mm × 146 mm. Myanmar. Ashoka Pillar emblem on the right. MoU on Cooperation between Myanmar Press Council Raised Identification mark H with micro-text Rs 200 & the Press Council of India. Swachh Bharat logo with slogan, Panel of 15 Languages Cabinet approves revision of guidelines of Sovereign Gold Bonds Scheme Narendra Modi Cabinet reshuffled- 9 New Faces as The investment limit per fiscal year increased to 4 kg for Ministers individuals, 4 Kg for Hindu Undivided Family (HUF) & Nine new ministers were into the council of ministers & four 20 Kg for Trusts & similar entities. have been promoted to the Union Cabinet. The ceiling will be counted on Financial year basis & Piyush Goyal appointed as the Union Railway Minister. He will include the SGBs purchased during the trading in replaced former Railway Minister Suresh Prabhu. the secondary market. Nirmala Sitharaman given the Defence Ministry, becoming The ceiling on investment will not include the holdings only the second woman to hold the post after Indira Gandhi. as collateral by Banks & Financial institutions. List of the Cabinet Ministers SGBs will be available 'on tap’. Based on the Minister Ministry consultation with NSE, BSE, Banks & Department of Nitin Jairam Minister of Road Transport & Post, features of product to emulate 'On Tap' sale. Gadkari Highways, Shipping, Water Resources, River Development & Bill Passed by Lok Sabha to raise NABARD’s Capital to Ganga Rejuvenation. Rs. 30,000 crores Shri Suresh Minister of Commerce & Industry. Nabard established in 1982 & provides loans for Prabhu agriculture, small scale industries among others. D.V. Sadananda Minister of Statistics & Programme The bill will enable the exit of RBI from Nabard & Gowda Implementation. increased the authorised capital of the development Sushri Uma Minister of Drinking Water & institution to Rs. 30,000 crores. Bharati Sanitation. The Bill provides that the central govt. alone must hold Ramvilas Paswan Minister of Consumer Affairs, Food at least 51% of the share capital of NABARD. The Bill & Public Distribution. transfers the share capital held by the RBI & valued at Shri Minister of Chemicals & Fertilizers, Rs. 20 crore to the central govt.. Ananthkumar Minister of Parliamentary Affairs. The Bill replaces the terms ‘small-scale industry’ & ‘industry in the tiny & decentralised sector’ with the Ravi Shankar Minister of Law & Justice, Prasad terms ‘micro enterprise’, ‘small enterprise’ & ‘medium Electronics & IT. enterprise’ as defined in MSME Development Act, 2006. Jagat Prakash Minister of Health & Family The Bill extends the credit & other facilities for Nadda Welfare. enterprises with investment upto Rs. 10 crore in the Ashok Gajapathi Raju Minister of Civil Aviation. manufacturing sector & Rs 5 crore in the services sector. Shri Anant Geete Minister of Heavy Industries & Public Enterprises. RBI introduced the new Currency Notes of Rs.50 & Harsimrat Kaur Minister of Food Processing Rs.200 Badal Industries. What the features of Rs.50 Note? Narendra Singh Minister of Rural Development, Tomar Panchayati Raj, Mines Chaudhary Birender Singh Minister of Steel. 8 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 Smriti Zubin Minister of Textiles, Minister of Important Ministers of State (Independent Charge) Irani Information & Broadcasting. Minister Ministry Dr. Harsh Minister of Science & Technology, Shri Manoj Minister of State (I/C) of Ministry of Vardhan Earth Sciences, Environment, Forest Sinha Communications & Railways & Climate Change. Col. Minister of State (I/C) of the Shri Prakash Minister of Human Resource Rajyavardhan Ministry of Youth Affairs & Sports& Javadekar Development. Singh Rathore IB Dharmendra Minister of Petroleum & Natural Shri Raj Kumar Minister of State (I/C) of the Pradhan* Gas, Skill Development & Singh* Ministry of Power & Ministry of Entrepreneurship. New & Renewable Energy. Piyush Goyal* Minister of Railways, Minister of Shri Hardeep Minister of State (I/C) of Ministry Coal. Singh Puri* of Housing & Urban Affairs. Nirmala Sitharaman* Minister of Defence. Shri Alphons Minister of State (I/C) of the Mukhtar Abbas Naqvi* Minister of Minority Affairs. Kannanthanam* Ministry of Tourism, Electronics & * Ministers who have been promoted from MoS to Information Technology Cabinet Ministers * Ministers who are newly inducted in Portfolios

BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS

RBI IN NEWS organization owned by major central banks from across Monetary Policy Committee (MPC) decided to keep the world. policy repo rate under the liquidity adjustment As per RBI, all the corporate borrowers having facility (LAF) unchanged at 6%. RRR under the LAF exposure of Rs. 5 crores & above mandatorily to obtain remains at 5.75%, & MSF rate & Bank Rate at 6.25%. The 20-digit Legal Entity Identifier (LEI). Banks also projection of real GVA growth for 2017-18 of 6.7% has required to acquire LEI number from borrowers & been retained. submit it to Central Repository of Information on Large Govt. has fixed 2,952 rupees per gram as price of new Credits (CRILC). series of sovereign gold bonds (SGBs). Govt., in RBI constituted a 10-member ‘High Level Task Force on consultation with RBI decided to offer a discount of Rs Public Credit Registry (PCR) for India’, which will 50 per gram to investors applying online & making suggest a roadmap for developing a transparent, payments digitally. comprehensive & near-real-time PCR for India. The RBI allowed Asset Reconstruction Companies (ARCs) committee will be Headed by YM Deosthalee, ex-CMD, to hold more than 26% post conversion of debt into L&T Finance Holdings. equity in companies undergoing restructuring. Indian govt. announced an allocation of Rs 2.11 lakh One rupee note turns 100 on 30th November 2017. The crore over 2 years for the recapitalization of public first one-rupee note was printed in India with the photo sector banks. As part of the plan, the govt. will of King George V. essentially issue bonds to banks worth Rs 1.35 lakh crore Non-banking financial companies (NBFCs) cannot while Rs 76,000 crore will come through budgetary outsource core management functions like internal support. audit, strategic & compliance functions for KYC norms, After making Legal Entity Identifier (LEI) mandatory sanction of loans & management of investment for transactions in interest rate, forex & credit derivative portfolio. As per the notification, access to customer market, RBI is set to make LEI compulsory for information by staff of the service provider shall be on companies having aggregate fund-based & non-fund 'need to know' basis i.e., limited to those areas where the based exposure over Rs 5 crore. Banks will be required information is required in order to perform the to capture this number in the Central Repository of outsourced function. Information on Large Credits (CRILC) database that RBI reportedly rejected HDFC Bank's plea to captures details of loan above Rs 5 crore. The LEI declassify its parent Housing Development Finance number will help banks in monitoring the aggregate Corporation Limited (HDFC) as a foreign institutional exposure of corporate borrowers. Firms can obtain their investor (FII). LEI code from Legal Entity Identifier India Ltd. (LEIL). RBI Urjit Patel appointed to the Financial RBI imposed a monetary penalty of Rs 2 crore on IDFC Stability Institute Advisory Board of Bank of Bank for contravention of regulatory restrictions International Settlement (BIS). BIS is a global financial pertaining to loans & advances.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 RBI issued guidelines to banks to provide funds to Mumbai, will be the largest innovation center by any women self help groups, SHGs, in rural areas at 7% financial services company. under the Deendayal Antyodaya Yojana - National SBI launched a new product to provide a short-term Rural Livelihoods Mission (DAY-NRLM) in the current working capital demand loan to its MSME clients. The fiscal (2017-18). new initiative, called SME Assist, would offer loans to RBI clarified that linking of Aadhaar to the bank MSME customers on the basis of their input credit account is mandatory under the Prevention of Money- claims under Goods & Services Tax (GST). The loan Laundering (Maintenance of Records) Second processing fee under the scheme is Rs 2,000. Amendment Rules, 2017 published in the Official Moody’s Investors Service affirmed ratings on Gazette on 01st June 2017. domestic as well as foreign currency bond programs of Govt. made it mandatory for banks & financial the country’s largest lender SBI. Moody’s affirmed the institutions to check the original identification Baa3 rating on the bank’s senior unsecured debt (issued documents of individuals dealing in cash above Rs. via its London branch) & (P)Baa3 rating on its senior 50,000, to weed out the use of forged or fake copies. unsecured medium-term note (MTN) program. RBI is going to launch a financial literacy drive in 80 Govt. named Rajnish Kumar as the new chairman of blocks in nine states on pilot basis to educate people on SBI, for 3-year term. Kumar will succeed Bhattacharya. e-transactions, formal sector borrowings & insurance SBI launched FTSE SBI Bond Index series in purchases. As per RBI, the pilot project will be partnership with global index provider FTSE 100, commissioned in the 9 states of Maharashtra, which will give tools to investors from India, the UK & , , Odisha, Karnataka, , globally to analyse India’s govt. bond market, & drive , & UP. growth in this market. RBI opened a branch in the Dehradun city to make SBI is India’s most trusted & most popular bank as per transactions of the State govt. more by Brand Finance, a business valuation & strategic convenient. consultancy headquartered in London. As per the direction by RBI, banks need to provide Artificial intelligence banking platform Payjo banking services to senior citizens of more than 70 launched an AI-powered chat assistant for SBI to years of age & differently-abled persons at doorstep. addresses customer enquiries. The chat assistant, RBI notified that peer-to-peer (P2P) lending platforms known as SBI Intelligent Assistant, or SIA, will help need to be regulated & treated on par with non-banking customers with everyday banking tasks. financial companies (NBFCs). Few important P2P SBI lowered Minimum Average Monthly Balance lending platforms in India are LenDen Club, Faircent, (MAB) requirement in a savings a/C to Rs 3,000. Qbera, Lendbox, Rupaiya Exchange & Monexo. RBI announced that Masala bonds will be treated as ALL OTHER PUBLIC-SECTOR BANKS External Commercial Borrowings (ECB) from 3rd Andhra Bank launched a new scheme for self-help October 2017. Masala bonds are rupee-denominated groups (SHGs) to encourage entrepreneurship. The overseas bonds. scheme, Pattabhi Sitaramayya — Self Business Group (PS-SBG), introduced to commemorate the 138th birth SBI IN NEWS anniversary of its founder Bhogaraju Pattabhi SBI launched a unified integrated app called YONO Sitaramayya, & the Silver Jubilee of the SHG-Bank (You Need Only One) that would offer all kinds of linkage programme in the country. Under this, SHGs financial & lifestyle products. having five years of association with Andhra Bank & SBI announced sanction of credit facilities amounting having successfully completed three credit rotations to Rs. 2,317 crores to corporates for financing Grid with good repayment record & an aptitude for Connected Rooftop Solar projects under an SBI-World entrepreneurship, will be eligible for a loan. Bank program. Bank of Baroda launched digital Supply Chain SBI signed an agreement with Escorts Ltd. to finance Finance solution which aims to accelerate working farmers for purchase of Escorts tractors. capital loan opportunities for the small & medium SBI launched the second edition of its Hackathon enterprises & large corporate clients. named 'Digitize For Bank.' This edition focuses on 4 Debt-laden Air India received a loan worth of Rs. 1,500 ‘Cognitive’ themes namely Facial Recognition, crore from Bank of India. Signature Recognition, Voice based Authentication & Union Bank of India launched an Android app, Union Cheque Truncation Value Enhancers. Sahyog, as part of its drive to digitise customer-facing SBI is creating a 15,000-sqft innovation center in Navi banking services. Union Sahyog app is bilingual — Mumbai investing around Rs 100 crore. The center, to offering both English & Hindi language — & packs in be built at its Global IT Centre in Belapur in Navi all mobile-based banking applications, missed

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 call/SMS-based services, Internet banking login & self- ICICI Bank launched India's first voice-based user creation & other services. international remittance service to enable non- Vijaya Bank entered into an MoU with HPCL for resident Indians to send money to any bank in India. enabling all HPCL retail outlets with BHIM/UPI ICICI Bank announced a new home loan scheme that merchant solutions. offers borrowers the benefit of 1% cashback on every PNB & BSNL teamed up to roll out open mobile wallet EMI, for the entire tenure. Speedpay across 10 states in the country. Vijaya Bank bagged the first prize under the Rajbhasha ALL OTHER PRIVATE SECTOR BANKS in News Kirti Puraskar (Region C) for the year 2016-17. IDBI Bank launched ‘Project Nishchay’ in partnership Axis Bank launched an instant international payment with the Boston Consulting Group (BCG) to accelerate services using Ripple’s enterprise blockchain its turnaround program & improve financial technology solution for retail & corporate customers. performance. HDFC Bank launched its SmartUp Zone in Kochi, an Syndicate Bank cut savings account interest rate by exclusive area inside the branch dedicated for start-ups. st 0.50% to 3.50% for deposits up to Rs 25 lakh. For the From 1 November 2017, HDFC Bank Ltd. made online deposits above Rs 25 lakh, the interest rate is 4%. transactions through RTGS & NEFT free of cost to promote a digital economy. SMALL & PAYMENT BANKS IN NEWS IDFC Bank entered into a “strategic alliance” with Paytm Payments Bank rolled out Paytm FASTag to MobiKwik to launch a co-branded virtual Visa prepaid enable electronic toll fee collection on highways across card for customers of MobiKwik. the country. Federal Bank obtained RBI approval to open Paytm Payments Bank is the only bank providing zero representative offices at Kuwait & Singapore. balance accounts & zero charges on digital Yes Bank signed an MoU with Innovation Centre transactions. It unveiled 'Paytm Ka ATM' outlets that Denmark India (ICDK India) to bring fintech allows customers to open Saving A/c & innovations & startups from Denmark to India, & deposit/withdraw money from their A/c. facilitate entry of Indian startups to the region. 'Paytm Payments Bank' formally launched at the hands Yes Bank, unveiled a superior payment wallet service, of FM Jaitley. Currently, India has four Payments Bank BHIM Yes Pay by fully integrating the application with which are Paytm Payments Bank, Airtel Payments all the IndiaStack APIs & NPCI Products. Bank, India Post Payments & Fino Payments Bank. Yes Bank signed an agreement with the govt. to provide AU Small Finance Bank received RBI approval to Rs 1,000 crore financing for food processing projects. operate as Scheduled Commercial Bank. This bank's It will be provided to around 100 food processing name has now been included in the Second Schedule of projects with an average ticket size of Rs 10 crore each. RBI Act, 1934. RBL Bank set up an all women branch in , Paytm introduced payments using BHIM UPI on its . platform, using which users can create their own Paytm “Smart Banking 24X7” e-lobbies launched by Kotak BHIM UPI ID on the app, which will be issued by Paytm Mahindra Bank in Mumbai. Payments Bank. IndusInd Bank, in association with MobiKwik AU Small Finance Bank tied up with SIDBI to launch announced the launch of a co-branded wallet a Rs. 200 crores fund for providing loans to MSMEs. ‘IndusInd MobiKwik’ that allows its customers to pay The program will fund term loans in the Rs. 25 lakh to at the MobiKwik merchant network using their Rs. 2 crore ticket size. accounts, with a ’Direct Debit Feature’. Fincare Small Finance Bank (previously known as HDFC Bank topped the list of the country’s top 50 Disha Microfin Limited) kick-started its banking brands as per report released by WPP Plc & Kantar operations with about 25 operational branches across Millward Brown. Airtel is at 2nd spot & SBI at 3rd.

Gujarat, Tamil Nadu, Karnataka & Andhra Pradesh. RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically Sunil Mittal-driven Airtel Payments Bank integrated important bank. SBI & ICICI Bank were classified as D- UPI on its digital platform, allowing customer choice & SIBs in 2015. convenience to facilitate secure digital payments. Karnataka Bank bagged the ‘best bank’ award among Fino Payments Bank launched its mobile banking app small banks for the use of technology for financial called BPay. inclusion at the 13th IDRBT Banking Technology

ICICI Bank in News Excellence Awards 2016-17.

Paytm & ICICI Bank collaborated to announce an all- IndusInd Bank & India's second largest Microfinance new initiative where users can get interest-free short- company Bharat Financial Inclusion signed a term digital credit. Called Paytm-ICICI Bank Postpaid. confidentiality agreement for proposed merger. 11 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 ALL OTHER BANKS/INSTITUTIONS in News HDFC Life Insurance & Apollo Health come together to launch ‘Click2Protect Health plan’, which Corporation Bank launched its RuPay Select & RuPay Platinum credit cards. Jai Kumar Garg, MD & CEO provides both life & health cover under a single plan. India’s first ever insurance cover for individual unveiled it. victims of cyber crime launched by Bajaj Allianz. Sub-Committee of Financial Stability & Development Under this, insurance will be provided against online Council (FSDC) headed by RBI Governor Urjit Patel discussed the setting up of the National Centre for fraud, identity theft, cyber-stalking & extortion, Financial Education (NCFE), operationalisation of phishing & malware attack. Sum insured for the policy information utilities registered by the IBBI, sharing of is in range of Rs. 1 lakh to Rs. 1 crore. data among regulators & the implementation status of Tata AIA Life launched ‘Eazy Connect’, to extend Legal Entity Identifier (LEI). online customer service to social media platforms. Indian online payments firm BillDesk-owned Hatio Reliance General Insurance received in-principle Innovations launched cryptocurrency exchange approval from IRDAI for its initial public offering (IPO). ‘Coinome’ in India offering trading of Bitcoin & Bitcoin SBI Life Insurance received approval from SEBI for an Cash. IPO of up to Rs 8,400 crore ($1.3 billion). Pradhan Mantri Jan Dhan Yojana (PMJDY) gathered ICICI Lombard General Insurance Company got momentum in some northern States post SEBI's go-ahead for its estimated Rs 6,000 crore IPO. demonetisation. With its area & size of population, ICICI Lombard is a joint venture between ICICI Bank & tops in opening new PMJDY accounts. -based Fairfax Financial Holdings Ltd. As per World Payment Report, initiatives of govt. & The first private Life Insurer to Implement e-NACH NPCI will help non-cash transactions grow at a (Electronic – National Automated Clearing House) compound annual growth rate of 26.2% during 2016 to service of NPCI is ICICI Prudential Life. 2020. The Report was jointly commissioned by India’s first-ever micro-insurance plan ‘insurance Capgemini & BNP Paribas. khata’ was introduced by IndiaFirst Life. It is International Business Machines Corporation (IBM) introduced for individuals of the informal sector & announced the launch of IBM Blockchain, a new agricultural labourers with seasonal incomes. blockchain banking solution, that will help financial Pension Fund Regulatory & Development Authority institutions for cross-border payments. (PFRDA) announced that the upper age limit for joining Insolvency & Bankruptcy Board of India registered the National Pension Scheme (NPS) had been raised to National E-Governance Services Limited (NeSL) as an 65 years, from the current 60. Information Utility (IU) under the IBBI (Information Exide Life Insurance announced a partnership with Utilities) Regulations, 2017. With this, NeSL has Punjab & Maharashtra Co-operative Bank (PMC become the first IU registered by the IBBI & the Bank) to offer its protection & savings products to the registration is valid for five years from the date of latter’s customers. registration. INTERNATIONAL BANKS Insurance Industry in News Venezuelan President Nicolas Maduro announced the Life insurer PNB MetLife signed a corporate agency creation of a new virtual currency named 'Petro' to ease agreement with Bank of Bahrain & Kuwait B.S.C (BBK). the country's economic crisis. Reliance General Insurance, a subsidiary of Reliance Bank of China formally launched its operations in Capital signed comprehensive bancassurance-corporate Pakistan, with its first branch inaugurated in Karachi. agency agreement with YES Bank. American digital payments company PayPal launched Apollo Munich Health Insurance Company, a joint domestic operations in India. venture between Apollo Hospitals Group, & Munich Re HSBC launched mobile app - Trade Transaction Group conferred with the 21st Asia Insurance Industry Tracker - to help customers track the status of their Awards in the "General Insurance Company of the trade transactions on a real-time basis. Year" category. HSBC has appointed John Flint as its next chief General Insurance Corp of India (GIC Re) kicked off executive. He will take over from current chief its mega Rs 11,370 crore initial public offer (IPO). This executive Stuart Gulliver. is India's third biggest IPO ever after Coal India's Rs US-based fintech company Mastercard announced the 15,200 crore & Reliance Power's Rs 11,700 crore issues. launch of its global research & development arm HDFC Life Insurance Company launched 'Neo', a Mastercard Labs in Pune, India. After Singapore, this servicing bot for Twitter that uses artificial intelligence will be the second Mastercard Labs in Asia-Pacific, & for customer service. This is the second bot after the ninth in the world. st launch of SPOK. The 1 Canadian bank to be added to Financial Stability Board’s (FSB) list of global systemically 12 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 important banks (G-SIB) deemed ‘too big to fail’ is traders who misused confidential client information & Royal Bank of Canada (RBC). colluded with traders at competing banks. Note: Financial Stability Board (FSB) is in , Switzerland. Five banks of the BRICS Bank Cooperation Mechanism agreed to establish credit lines in the national currencies & cooperate on credit ratings. The agreement was signed ahead of the BRICS Summit in China’s Xiamen city. Brazilian Development Bank, Vnesheconombank, EXIM, China Development Bank & Development Bank of South Africa signed. DBS Bank India, part of Singapore-based financial services group DBS Group Holdings, received in- principle approval from RBI to convert its existing India franchise to a locally incorporated wholly-owned subsidiary (WOS) in India. US central bank fined global banking giant HSBC $175 million for failing to oversee foreign exchange

ECONOMY/FINANCIAL CURRENT AFFAIRS CBDT entered into 2 Bilateral Advance Pricing the third-largest economy. As per this, India is likely to Agreements (APAs). These Agreements are the first ever become the world’s fifth largest economy by 2019. Bilateral APAs with the . With this, the total Moody's Investors Service upgraded India's local & number of APAs by the CBDT has gone up to 186. This foreign currency issuer ratings to Baa2 from Baa3 & includes 171 Unilateral APAs & 15 Bilateral APAs. changed the outlook on the rating to stable from GOI increased budget of Agricultural Education by positive after a long gap of 14 years. 47.4% this year as compared to financial year 2013-14. Ministry of Finance increased maximum age of joining Commerce & Industry Minister Suresh Prabhu stated the National Pension System (NPS) from the existing that the Merchandise Exports from India Scheme 60 years to 65 years under NPS - Private Sector (i.e. all (MEIS) incentive rate will be raised by 2% across the citizen & corporate model). board for labor-intensive/MSME sectors. IT Department clarified that the cash sales of Cabinet approved the setting up of the 15th Finance agricultural produce by a cultivator to a trader for less Commission which will assess the tax resources of the than 2 lakh rupees will not attract tax under the IT Act. nation & suggest a formula for their devolution among New Fund Offer (NFO) for BHARAT-22 Exchange states. Its recommendations will have to be in place Traded Fund (ETF) was launched by GOI. The target is before April 1, 2020, it takes 2 years for FC to give its to raise initial amount of about Rs. 8000 crores as part of recommendations. disinvestment programme for current fiscal. The NFO is Govt. notified Minimum Export Price of onion at 850 managed by ICICI Prudential Mutual Fund. dollars per tonne to ensure availability in domestic mkt. Centre made the use of Public Finance Management FDI in the country increased by 17 percent to USD 25.35 System (PFMS) mandatory for all central schemes. FM billion during April-September fiscal (2017-18). Jaitley stated that making use of the PFMS mandatorily New York based Standard & Poor’s (S&P) kept its will ensure benefits of govt. schemes to reach the last sovereign rating for India unchanged at ‘BBB-‘, with mile. A total of 613 schemes of the central govt. will be outlook for the nation as ‘stable’. covered under PFMS. ADB increased annual funding to India to up to $4 SIDBI revamped its portal www.udyamimitra.in with billion from existing $2.7 billion from next year. enhanced features to provide easy access to credit & 23rd GST Council Meet held in Guwahati. It was hand-holding services for MSME. The portal is mobile- headed FM Jaitley. GST rate on 177 items reduced from enabled & provides a self-assessment module (auto 28% to 18%. Only 50 items will attract 28% GST rate. assisting in categorization). Bitcoin rose above the symbolic $10,000 threshold for National Investment & Infrastructure Fund (NIIF) of the first time, bringing its rise for the year to date to more India signed an investment agreement worth $1 billion than 900%. with Abu Dhabi Investment Authority (ADIA). The As per CBDT, farmers are not required show PAN for govt. has set up NIIF with the aim to attract investments cash sale of their produce up to Rs. 2 lakh a day. from both domestic & international sources for A report by Bank of America-Merrill Lynch stated that infrastructure development in commercially viable in the next decade, India will overtake Japan to become projects. 13 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 As per the NITI Aayog Vice-Chairman Rajiv Kumar, failing to redress several investor grievances pertaining GDP is likely to grow at 6.9-7% this fiscal (2017-18) & to non- settlement of funds due to the clients. 7.5% in 2018-19. It slowed to 7.1% in 2016-17. SEBI allowed Infrastructure Investment Trusts An MoU was signed by CRISIL & SIDBI to launch (InvITs) & Real Estate Investment Trusts (REITs) to CriSidEx, a sentiment Index for MSMEs. raise capital by issuing debt securities. It will help attract India becomes biggest consumer of agriculture investors to the capital-starved property sector. exports. The govt. kept unchanged interest rates on small India is likely to be the world’s fastest-growing large savings schemes like PPF, Kisan Vikas Patra & economy in next 10 years, as per Morgan Stanley report. Sukanya Samriddhi for October-December quarter. Govt. made biometric identification Aadhaar Investments in the Public Provident Fund scheme will mandatory for all post office deposits, PPF, the fetch annual rate of 7.8% while Kisan Vikas Patra (KVP) National Savings Certificate scheme & Kisan Vikas investments will yield 7.5% & mature in 115 months. Patra. All depositors have been given time till December 31, 2017 to provide the 12-digit unique identification Loan/Finance from International Organizations number & link it with their accounts. AIIB approved USD 2 million loan (Rs. 13,000 crores) Coffee output in India is pegged to be a record 3.50 lakh for five projects in Andhra Pradesh. tonnes in the 2017-18 marketing year started this month ADB will provide a USD 152 million to for the on higher acreage. implementation & enhancement of its power SEBI barred Orion Capital as well as Orion Broking & transmission & distribution. ADB & Nepal’s Ministry of their partners from the securities markets for 10 years for Finance signed the loan agreement in Kathmandu.

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 Vijaya Bank: 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 Kotak Mahindra 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, Foreign Exchange Reserves st Foreign Exchange Reserves as on 1 December 2017 ₹ Bn. US$ Mn. Total Reserves 25,894.1 401,942.0 1.1 Foreign Currency Assets 24316.4 377456.1 1.2 Gold 1334 20703.4 1.3 SDRs 96.8 1502.3 1.4 Reserve Position in the IMF 146.9 2280.2 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 Reserve Bank of India (RBI). Masala Bonds It refers to the rupee-denominated borrowings by Indian entities in overseas markets.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 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, MD & CEO Canara Bank| Together we can | Shri. Rakesh Sharma, MD & CEO Indian Bank| Your Own Bank | Mr. Kishor Kharat, MD & CEO Corporation Bank | Shri. Jai Kumar Garg: MD & CEO Indian Overseas Bank | Good People to Grow with | Shri. R. Subramaniakumar: MD & CEO Union Bank of India| Good People to Bank with| Shri Rajkiran Rai G, MD & 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: Chanda Kochhar| Mumbai| Industrial Credit & Investment Corporation of India HDFC Bank| Bank aapki mutthi mein| CEO: Aditya Puri|Mumbai Karnataka Bank| Your Family Bank Across India| Shri Mahabaleshwara M. S., MD & CEO IndusInd Bank| Mumbai| R. Seshasayee, Chairman| Romesh Sobti, MD & CEO Karur Vysya Bank| Smart Way to Bank| Karur, Tamil Nadu| Shri P R Seshadri, MD & CEO 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 South Indian Bank| 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| National Housing Bank | 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

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 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 Headquarters| New Delhi Multi Commodity Exchange 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| , 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 Static Take Aways December 2017 Current Affairs K K Sharma is the Director Genereal of BSF. Headquarters- New Delhi. SIMBEX is the Joint Military Exercise between India & Singapore. Halimah Yacob was recently (September 2017) named Singapore's first female president. - a Country in North America, Capital- Mexico City. CM- T R Zeliang, Governor- Padmanabha Balakrishna Acharya. CBDT Chairperson- Sushil Chandra, Headquarters- New Delhi Pakistan PM- Shahid Khaqan Abbasi, Capital- Islamabad. was India's . Poland Capital- , Currency- Polish zloty. Secretary-General of IMO- Kitack Lim, Headquarters- London, UK. Russia Capital- , President- Vladimir Putin. Capital- , Currency- Kenyan shilling. 2018 Youth Olympics will be held in , Argentina. Germany Capital- , Chancellor- Angela Merkel. Headquarters of UN: New York, USA | Secretary General: Antonio Guterres Admiral Sunil Lanba- Chief of Naval Staff (CNS). Nepal PM- Sher Bahadur Deuba, Capital- Kathmandu, Currency- Nepalese rupee. Gujarat CM- Vijaybhai R. Rupani, Governor- Om Prakash Kohli. Andhra Pradesh CM- Chandra Babu Naidu, Governor- ESL Narsimhan. HDFC Bank- India’s largest private bank by market capitalization USA President- Donald Trumph (45th), Capital- Washington DC. AYUSH- Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha & Homoeopathy. AYUSH Minister- Shripad Yesso Naik. Capital- Wellington, Currency- New Zealand Dollar. Capital- , Currency- Thai baht. The 21st FIFA World Cup will be held from June 14 to July 15, 2018, at 12 stadiums in 11 Russian cities. Food & Agriculture Organization of the United Nations headquarters in Rome, Italy. Rome is the Capital city of Italy. 16 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 Germany capital- Berlin. Chancellor of Germany- Angela Merkel. President of ADB is Takehiko Nakao. Founded on 19 December 1966 ADB has its Headquarter in Manila, Philippines. Chief Minister of Kerala is Pinarayi Vijayan. Capital of Kerala Thiruvananthapuram. Venezuela Capital- Caracas, Currency- Venezuelan bolivar. UAE Capital- Abu Dhabi, Currency- UAE dirham Dr. Urjit Patel is the 24th Governor of RBI. RBI Headquarters in Mumbai. M Venkaiah Naidu is the 13th VP if India. Dr. Jitender Singh: Minister of State for the Ministry of Development of North Eastern Region. Assam CM- Sarbananda Sonowal, Governor- . Assam Capital - Dispur. ISA, HQ in India, has its secretariat located in the campus of National Institute of Solar Energy, Gurgaon, Haryana. CM- Shivraj Singh Chouhan, Governor- Om Prakash Kohli. Capital of Madhya Pradesh is Bhopal. USA President- Donald Trump (45th), Capital- Washington D.C. Saudi Arabia Capital- Riyadh, Currency- Saudi riyal. Syria Capital- Damascus, Currency- Syrian pound. South Korea Capital- International Olympic Committee headquarter-Lausanne, Switzerland. ICC CEO- David Richardson, ICC headquarters - , United Arab Emirates. UNICEF Headquarter - New York, United States. Afghanistan Capital- Kabul, President- Ashraf Ghani. UP CM- , Governor- Ram Naik. Defence Minister of India- Nirmala Sitharaman. BR Ambedkar- Independent India's first law minister. Passed Away: 6 December 1956. His Place of Birth: Mhow in Central Provinces (currently Madhya Pradesh). NITI- National Institution for Transforming India. Chairperson- Narendra Modi, Vice Chairperson- Dr. Rajiv Kumar. J. P. Nadda- Union Minister of Health & Family Welfare. Cuba Capital- Havana, Currency- Cuban peso. Italy Capital- Rome, Currency- Euro. Vijay Shekhar Sharma is the Chairman of the Paytm Payments Bank. UNESCO- United Nations Educational, Scientific & Cultural Organization. France's Audrey Azoulay- 11th DG of UNESCO, Headquarters- Paris, France. Australia Capital- Canberra, Australian PM- Malcolm Turnbull. The Netherlands (April 2001)- was the First Nation to grant the same-sex couples. Sriharsha Majety- CEO & Co-founder of Swiggy. Static Take Aways November 2017 Current Affairs The permanent members of the Security Council are USA, Russia, France & China. International Court of Justice Headquarters- The Hague, Netherlands. IBRD- International Bank for Reconstruction & Development. World Bank President- Jim Yong Kim (12th), Headquarters- Washington DC, USA. Haryana CM- Manohar Lal Khattar, Governor- Kaptan Singh Solanki. Minister of Drinking Water & Sanitation- Uma Bharati. Israel Capital- Jerusalem, Currency- Israeli new shekel, President- Reuven Rivlin. Forbes- American business magazine, Founded in- 1917. Headquarters- , USA. Bangladesh Capital- Dhaka, Currency- Taka. Russia Capital- Moscow, President- Vladimir Putin. China is the largest fish producer country in the world. Blue Revolution: Integrated Development & Management of Fisheries. MD & CEO of Andhra Bank- Suresh N Patel. Headquarter- Hyderabad, Telangana. Governor of Telangana- E. S. L. Narasimhan. Capital of Syria: Damascus, President: Bashar al-Assad, Currency: Syrian pound Capital of Ukraine- Kiev, Currency: Ukrainian hryvnia, Headquarters of United Nations- New York, USA. Capital of - President of EBRD- Suma Chakrabarti | Headquarters- London, United Kingdom. Capital of - Sri Jayawardenepura Kotte. Currency of Sri Lanka- Sri Lankan rupee President of Sri Lanka- Maithripala Sirisena The Western Naval Command (Headquarters at Mumbai). The Eastern Naval Command (Headquarters at Visakhapatnam). 17 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 The Southern Naval Command (Headquarters at Kochi). Chilika lake located in Odisha. Radha Mohan Singh is Union Agriculture Minister of India. Constituency of Radha Mohan Singh- Purvi Champaran (Bihar). Secretary general of UN- Antonio Guterres. Axis Bank head office- Mumbai Chief executive Officer (CEO) & MD- Shikha Sharma. Shri Jagat Prakash Nadda is the Minister of Health & Family Welfare. Minister of Law & Justice- Ravi Shankar Prasad. Capital of New Zealand Wellington. PM of New Zealand Jacinda Ardern. RBL Bank MD & CEO- Vishwavir Ahuja, Corporate Office- Mumbai, Maharashtra. Golden temple is in , Punjab. CM of Punjab is Amarinder Singh. Current Governor of Punjab is V P Singh Badnore. Capital of China is Beijing. Vice Chairman of NITI Aayog is Rajiv Kumar. CM of Haryana is Manohar Lal Khattar. Seoul is the capital of the Republic of Korea (ROK), also known as South Korea. Current Governor of Odisha is Senayangba Chubatoshi Jamir. Headquarters of ‘Coinome’ is located in Mumbai. CEO of Coinome is Vivek Steve Francis. Headquarters of BOB is in Vadodara, Gujarat & Tagline is ‘India’s International Bank’. Current MD & CEO of BOB is P S Jayakumar. Capital of South Africa is Cape Town. CM of Telangana is K. Chandrashekar Rao. Capital of Iran is Tehran. ADB has its Headquarter in Mandaluyong, Philippines. President of ADB is Takehiko Nakao. The capital of Japan is . Civil Aviation Secretary is R N ChoubeyMinister of Civil Aviation is Ashok Gajapathi Raju Pusapati. is the Governor of . Headquarters of IOC- Lausanne, Switzerland. 2020 Summer Olympics held in- Tokyo (Japan) in 2020. President of IOC- Thomas Bach. 48th International Film Festival of India was held in Goa. Smriti Irani is union Information & Broadcasting & Textiles Minister. is CM of Chhatisgarh. Balram Das Tandon is present Governor of Chhatisgarh. Dudhawa Dam located in Chhattisgarh across the Mahanadi river. Naveen Patnaik is present CM of Odisha. SC Jamir is present governor of Odisha. Bhubaneswar is capital city of Odisha. AIBA headquarters is in Lausanne, Switzerland. PM- Sheikh Hasina, President- Abdul Hamid. New Zealand Capital- Wellington, Currency- New Zealand dollar. National Green Tribunal (NGT)- Chairperson- Justice Swatanter Kumar, Headquarter- New Delhi, Established- November 2010. IDFC Bank MD & CEO- Sunil Kakkar, Headquarters- Mumbai. MobiKwik CEO- Bipin Preet Singh, Headquarters- Gurgaon, Haryana. PayPal Headquarter- California USA, Founded in- 1998. PayPal Holdings Inc President & CEO- Dan Schulman. HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai. Nepal PM- Sher Bahadur Deuba, President- Bidhya Devi Bhandari. Bank of China Chairman- Chen Siqing. State Bank of Pakistan (SBP) Governor- Tariq Bajwa. Pakistan PM- Shahid Khaqan Abbasi, President- Mamnoon Hussain. CM- Pinarayi Vijayan, Governor- Palaniswamy Sathasivam. Dharmendra Pradhan- Minister of Skill Development & Entrepreneurship. Estonia Capital- Tallinn, Latvia Capital- Riga, Lithuania Capital- Vilnius. South Korea Capital- Seoul, Currency- South Korean won. Delhi Lt. Governor- Anil Baijal. Adani Power Chairman & Founder- Gautam Adani, Headoffice- Ahmedabad, Gujarat. CM- Raghubar Das, Governor- Droupadi Murmu.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 UK PM- Theresa May, Capital- London, Currency- Pound.sterling. Federal Bank MD & CEO- Shyam Srinivasan. Kuwait Capital- Kuwait City, Currency- Kuwaiti Dinar (world's highest-valued currency unit). Telangana CM- K Chandrashekhar Rao, Governor- ESL Narasimhan. Israeli PM- Benjamin Netanyahu, Capital- Jerusalem NDMA Chairman- PM Narendra Modi, Headquarter- New Delhi. Minister of Environment, Forest & Climate Change: Dr. Harsh Vardhan. Haryana CM- Manohar Lal Khattar, Governor- Kaptan Singh Solanki. Union Home Minister- Mr. Rajnath Singh. Urjit Patel- 24th Governor of RBI, Headquarter- Mumbai. Philippines Capital- Manila, Currency- Philippine peso, President- Rodrigo Duterte. Canada Capital- , Currency- Canadian Dollar. PM- Justin Trudeau. Asia-Pacific Economic Cooperation (APEC) Established in- 1989, Headquarters- Singapore, Current Chairperson- Tran Dai Quang. 2016 APEC held in- , . Menaka Gandhi- Cabinet Minister of Women & Child Development Uber CEO- Dara Khosrowshahi, Headquarters- California, USA. Softbank Chairman & CEO- Masayoshi Son, Headquarters- Tokyo, Japan. Bahrain Capital- Manama, Currency- Bahraini dinar. PNB MetLife India Insurance MD & CEO- Ashish Srivastava, CPCB Chairman- S.P. Singh Parihar, Headquarter- New Delhi. AIFF President- Praful M Patel, Headquarter- Dwarka, New Delhi. Arjan Singh Bhullar- 1st Indian-origin fighter to be signed by the UFC. Nepal Capital- Kathmandu, Currency- Nepalese rupee. PM Nepal- Sher Bahadur Deuba, President- Bidhya Devi Bhandari. Philippines Capital- Manila, Currency- Philippine peso. President- Rodrigo Duterte. Capital- , Currency- Vietnamese dong. Communication Minister- Manoj Sinha, Electronics & IT Minister- Ravi Shankar Prasad. Air India CMD- Rajiv Bansal. MD & CEO of Bank of India- Dinabandhu Mohapatra, Headquarters- Mumbai, Maharashtra. Minister of State for Women & Child Development - Dr. Virendra Kumar. Italy Capital- Rome, Currency- Euro. FIFA World Cup 2018- in Russia Qatar Capital- , Currency- Qatari riyal. Ministry of Electronics & Information Technology- Ravi Shankar Prasad. APCERT- Asia Pacific Computer Emergency Response Team. Chhattisgarh CM- Raman Singh, Governor- Balramji Dass Tandon. NITI Ayog Vice-Chairman- Rajiv Kumar. Germany Capital- Berlin, Currency- Euro. ISA- International Solar Alliance. Capital- Ljubljana. Japan Capital- Tokyo, USA Capital- Washington DC, Australia Capital- Canberra. June 21- UN-designated- International Yoga Day- in 2015. Saudi Arabia Capital- Riyadh, Currency- Saudi Riyal. China Capital- Beijing, Currency- Renminbi. President- Xi Jinping. Tamil Nadu CM- Edappadi K Palaniswami, Governor- . Japan Capital- Tokyo, PM- Shinzo Abe. Home Minister of India- Rajnath Singh. Poland Capital- Warsaw. Capital- . HDFC Bank CEO- Aditya Puri, Headquarter- Mumbai. Syria Capital- Damascus, Currency- Syrian pound, Syrian President- Bashar al-Assad. UN Secretary-General- Antonio Guterres. Binge watching- the practice of watching multiple episodes of a television programme in rapid succession. Canada Capital- Ottawa, Currency- Canadian dollar, Canada PM- Justin Trudeau. US President- Donald Trump (45th) Andhra Pradesh CM- Nara Chandrababu Naidu, Governor- E.S Lakshmi Narasimhan. Moodys Analytics President- Mark Almeida, Headquarters- the USA.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Union Minister of State (I/C) for Development of North Eastern Region (DoNER): Dr. Jitendra Singh. Moodys Analytics President- Mark Almeida, Headquarters- the USA. Argentina Capital- Buenos Aires, Currency- Argentine peso Indonesia Capital- Jakarta, Currency- Indonesian rupiah. France Capital- Paris, Currency- Euro, President- Emmanuel Macron. Nagaland CM- T.R. Zeliang, Governor- P.B. Acharya. Formed on- 15 November 2000, CM- Raghubar Das, Governor- . Jharkhand was created on the birthday of Birsa Munda who fought against the British. FSIAB- Financial Stability Institute Advisory Board. BIS- Bank of International Settlement. Capital of France- Paris, Currency- Euro|President: Emmanuel Macron, PM: Edouard Philippe Maharashtra CM- Devendra Fadnavis, Governor- Chennamaneni Vidyasagar Rao. WHO Director-General- Tedros Adhanom Ghebreyesus, Headquarter- Geneva, Switzerland. Russia Capital- Moscow, President- Vladimir Putin. Headquarter of Yes Bank- Mumbai, Founded- 2004, Founder & CEO- Rana Kapoor Denmark Currency- Danish krone Founder & CEO Paytm- Vijay Shekhar Sharma. ICICI Bank CEO- Chanda Kochhar WPO- World Packaging Organisation, Founded in- September 6, 1968 in Tokyo, Japan. WPO President- Mr. Thomas Schneider. Spain Capital- , Currency- Euro. Indira Gandhi born on- 19th November 1917| Assassination- 31st October 1984| Shakti Sthal- Memorial to Indira Gandhi Capital- Kuala Lumpur, Currency- Malaysian ringgit SEBI- Securities & Exchange Board of India.| SEBI Chairman- Ajay Tyagi, Headquarters- Mumbai. RBL Bank MD & CEO- Vishwavir Ahuja, Corporate Office- Mumbai, Maharashtra. Xi Jinping is the Present President of China. Beijing is the capital of China. Manohar Lal Khattar is the CM of Haryana. Kaptan Singh Solanki is the Governor of Haryana. The Capital of Lebanon is Beirut. Its Currency is Lebanese pound. General Bipin Rawat is the present & 27th Chief of Army Staff. COP 22 was held in , Morocco. Piyush Goyal is the Present Minister of Railways. Antonio Guterres is the Secretary general of United Nations. UN Headquarters in New York, United Nations. S. Christopher is the present Chairman of DRDO. Majuli is a river island in the Brahmaputra River, Assam. It is India’s first island district & world’s largest river island. Jagdish Mukhi is the Present Governor of Assam. Natarajan Chandrasekaran is the Chairman of TATA Steels. Naveen Patnaik is the CM of Odisha. S. C. Jamir is the Present Governor of Odisha. Harsimrat Kaur Badal, the Union Cabinet Minister of Food Processing Chanda Kochhar is the MD & CEO of ICICI Bank. ICICI Bank Headquarters in Mumbai. Cairo is the capital of . Egyptian pound is the currency of Egypt. Jim Yong Kim is the President of World Bank. World Bank headquarters in Washington, D.C., United States. Tedros Adhanom Ghebreyesus is the WHO’s Director General. WHO Headquarters in Geneva, Switzerland. Tunis is the capital of Tunisia. Beji Caid Essebsi jas is the present President of Tunisia. Thimphu is the capital of Bhutan. Dzongkha is the official language of Bhutan. Jamsetji Tata was the founder of TATA Steels. It Headquarters in Mumbai, Maharashtra. Bharti AXA Life is a life Insurance player that was started in 2006. It brings together the Paris-headquartered AXA Group & Bharti Enterprises. Moscow is the capital of Russia. Vladimir Putin is the present President of Russia. Martina Hingis is from Switzerland. World Economic Forum HQ in Geneva, Switzerland. Klaus Schwab is the Founder & Executive Chairman of WEF. Siddaramaiah is the present CM of Karnataka. is the present Governor of Karnataka. Shahid Khaqan Abbasi is the present PM of Pakistan. Islamabad is the capital of Pakistan. Devendra Fadnavis is the CM of Maharashtra. Chennamaneni Vidyasagar Rao is the Governor of Maharashtra. Jin Liqun is present president of the Asian Infrastructure Investment Bank (AIIB). Beijing, China is headquarters of AIIB. Astana is the Capital of Kazakhstan. Kazakhstani tenge is the currency of Kazakhstan. Krish Iyer is the President & CEO of Walmart India. Naveen Patnaik is the CM of Odisha. SC Jamir is the Governor of Odisha.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Yogi Adityanath is the CM of Uttar Pradesh. Ram Naik is the Governor of Uttar Pradesh. Yes Bank Headquarters in Mumbai. CEO of Yes Bank is Rana Kapoor. Yerevan is the Capital of Armenia. Its currency is Armenian dram. Bangkok is the capital of Thailand. Sanjay Agarwal, MD & CEO, AU Small Finance Bank. ONGC stands for Oil & Natural Gas Corporation Limited. Shashi Shankar has been recently appointed CMD of ONGC. Lt Gen SK Shrivastava is the Director General Border Roads Organization. Sushil Chandra is the Chairman of Central Board of Direct Taxes (CBDT). Boxing Federation of India (BFI) President- Ajay Singh. AIBA- Amateur International Boxing Association. AIBA President- Dr Ching-Kuo Wu, Headquarters- Switzerland. Ambassador for AIBA Youth Women’s World Boxing Championship 2017- Mary Kom. Twitter CEO- Jack Dorsey, Headquarters- California, USA. Kerala CM- Pinarayi Vijayan, Governor- Palaniswamy Sathasivam. Co-founder & CEO of Ola- Bhavish Aggarwal. Microsoft CEO- Satya Nadella. Apollo Munich Health Insurance, CEO- Antony Jacob. Paytm CEO- Vijay Shekhar Sharma. BHIM- Bharat Interface for Money, UPI- Unified Payment Interface. IBRD- International Bank for Reconstruction & Development. President- Jim Yong Kim (12th), Headquarters- Washington, DC USA Capital- Conakry, Currency- Guinean Franc. Rajiv Kumar- Financial Services Secretary. Ajay Narayan Jha- Expenditure Secretary, Neeraj Kumar Gupta- Secretary, DIPAM. Subhash Chandra Garg- Economic Affairs Secretary.

Static Take Aways from October 2017 Current Affairs Manila is the Capital of the Philippines. Rodrigo Duterte is the President of the Philippines. Sheikh Hasina is the Present PM of Bangladesh. Abdul Hamid is the Present President of Bangladesh. Port Louis is the Capital of . Alok Kumar Verma is the present Director of CBI. HSBC Headquarters in London, UK. Stuart Gulliver is the Group CEO of HSBC. Bern is the Capital of Switzerland. The MD for India of NBA is Yannick Colaco. Aapka bank, aapke dwaar is the Tagline of IPPB. IPPB is Headquartered in New Delhi. Mr. Antonio Guterres of is the Secretary-General of the United Nations. UN is headquartered in New York. Sunil Mehta is the MD & CEO Of Punjab National Bank. PNB Headquarters in New Delhi. IndusInd Bank headquarters in Mumbai. Mr. R. Seshasayee is the Chairman of IndusInd Bank. Bipin Preet Singh is the CEO of MobiKwik. The Chairman & MD of NRDC is H Purushotham. Paul B Jansen is the Director of EBTC. It was formed in the year 1969. Headquarters of UNFPA is located in New York, US. In October 2017, United Nations Secretary-General Antonio Guterres appointed Dr. Natalia Kanem Executive Director of UNFPA. Rajiv Jain is the present Director of Intelligence Bureau (IB). AMFI is Headquartered in Mumbai. Smt. Smriti Zubin Irani is the Cabinet Minister of Textiles of India. About LEI- The LEI is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. It is a unique 20 digit alphanumeric code that is assigned to a legal entity. Mr. Sunil Kakar is the MD & CEO of IDFC Limited. Headquarter of IDFC Bank is in Mumbai. Jakarta is the Capital of Indonesia. Joko Widodo is the President of Indonesia. Shivraj Singh Chouhan is the CM of MP. Om Prakash Kohli (Add. Charge) is the Present Governor of Madhya Pradesh. Vijaybhai R. Rupani is the present CM of Gujarat. Om Prakash Kohli is the present Governor of Gujarat. Kabul is Capital of Afghanistan. Afghani is the Currency of Afghanistan. It celebrates National Day on 19 August. Banwarilal Purohit is the present Governor of Tamil Nadu. Edapaddi K Palaniswami is the Chief Minister of Tamil Nadu. The Chairman of L & T is A. M. Naik. Santiago is the Capital of . Michelle Bachelet is the present President of Chile. Doha is Capital of Qatar. Abdullah bin Nasser bin Khalifa Al Thani is PM of Qatar. Qatar host of 2022 football World Cup. 21 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 SGK Kishore is the CEO of GHIAL. Mohd. Badlisham Ghazali is the MD of MAHB. Riyadh is capital of Saudi Arabia. Mohammad bin Salman bin Abdulaziz Al Saud is the crowned Prince of Saudi Arabia. Wellington is the capital of New Zealand. New Zealand dollar is the currency of New Zealand. The ICC was established in 2002. It is based in the Hague, the Netherlands. Bujumbura is the capital of Burundi & Burundian franc is its currency. Tehran is the capital of Iran. Mohammad Ashraf Ghani is the present PM of Afganistan. Riyadh is the capital of Saudi Arabia. Mohammed bin Salman is the Crown Prince of Saudi Arabia. Paris is the capital of France. Emmanuel Macron is the President of France. Siddaramaiah is the CM of Karnataka. Vajubhai Vala is the Governor of Karnataka. Satya Nadella is the CEO of Microsoft. Lusaka is the Capital of the Republic of Zambia. Edgar Lungu is the president of the Republic of Zambia. DEMU stand for Diesel Electric Multiple Unit. Mohammad Mustafa is the present Chairman of SIDBI. Headquarters of SIDBI is in Lucknow, Uttar Pradesh. Mannil Venugopalan is the Chairman of Board of AU Small Finance Bank. Najib Razak is the PM of Malaysia. Kuala Lumpur is the Capital of Malaysia. Shri B. Sambamurthy is the Interim Chairman of NPCI. Piyush Goyal is the Minister of Railways of India. Angela Merkel is the Chancellor of Germany. SBI headquarters in Mumbai, Maharashtra. It was established on 1 July 1955. HSBC Headquarters in London, United Kingdom. Jeff Weiner is the CEO of LinkedIn. Kim Ki Wan is the MD of LG Electronics India. LG Electronics is a South Korean Company. is the present Governor of Bihar. The Capital of is . Vijaybhai Rupani is the present CM of Gujarat. Om Prakash Kohli is the Governor of Gujarat. Satya Nadella is the CEO of Microsoft. Alice Vaidyan is the CMD of GIC Re. GIC Re is headquartered in Mumbai. Amsterdam is the Capital of Netherlands. Xi Jinping is the President of China. Beijing is the Capital of China. Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon, South Korea. Ajay Banga is the CEO of Mastercard. 2019 FC Asian Cup will be held in the United Arab Emirates. UNESCO stands for United Nations Educational Scientific & Cultural Organization. Mr. M K Surana is the present Chairman & MD of HPCL. Bipin Preet Singh is the Founder CEO & Director of MobiKwik. General Bipin Rawat is 27th Chief of Army Staff of the Indian Army. Nirmala Sitharaman is Defence Minister of India. Vasundhara Raje Scindia is present Chief Minister of . Kalyan Singh is the present Governor of Rajasthan. The United Nations is an international organization founded in 1945. It is currently made up of 193 Member States. FAO stands for Food & Agriculture Organization. The Headquarters of FAO is in Rome, Italy. Ashwani Lohani is present Chairman of Railway Board. Kiltan is the latest indigenous warship after Shivalik class, Kolkata class & sister ships. Admiral Sunil Lanba is present Navy chief. Vanuatu is a South Pacific Ocean nation made up of roughly 80 islands that stretch 1,300 kilometres. Port Vila is the capital city of Vanuatu. Tallis Obed Moses is the present President of Vanuatu. Rajkiran G Rai is present MD & CEO, Union Bank of India. Tagline of Union Bank of India is Good People to Grow with. YES BANK was founded by Rana Kapoor in 2004. Rana Kapoor is the founder, MD & CEO of Yes Bank. Paljor Stadium, also known as Palzor Stadium is an association football stadium located in Gangtok, . Shripad Yasso Naik is the Minister of AYUSH. Tokyo is the Capital of Japan. Shinzo Abe is the PM of Japan. Smt. Smriti Zubin Irani is the Minister of Textiles of India. Sujoy Bose is the CEO of NIIF. FDDI was established in 1986. Headquarters of FDDI is located in Noida, Uttar Pradesh. Shivraj Singh Chouhan is the CM of MP. Om Prakash Kohli (Add. Charge) is the Governor of Madhya Pradesh. Cairo is the capital of Egypt. Egyptian pound is the currency of Egypt. National Rural Livelihood Mission (NRLM) is a poverty alleviation project implemented by Ministry of Rural Development, Govt. of India. Deen Dayal Antyodaya Yojana or DAY is a Govt. of India scheme for the helping the poor by providing skill training.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Chennamaneni Vidyasagar Rao is present Governor of Maharashtra. is natural World Heritage Site & National Park located in Maharashtra. Sushil Chandra is the present chairperson of the Central Board of Direct Taxes (CBDT). , also known as Periyar Tiger Reserve, is in the mountainous Western Ghats of Kerala. Lal Bahadur Shastri was awarded the Bharat Ratna, India's highest civilian award posthumously in 1966. Antonio Guterres is present Secretary-General of the United Nations. Vijay Ghat is the memorial of Lal Bahadur Shastri. United Kingdom made up of England, Scotland, & Northern Ireland is an island nation in northwestern Europe. London is the capital city of the United Kingdom. is the capital of . Euro is the Currency of Austria. Xi Jinping is the current president of China. Beijing is the capital city of China. Li Keqiang is the current Premier China. Chief Minister & Governor of Tamil Nadu is Edappadi K. Palaniswami & Banwarilal Purohit, respectively. Governor of Andhra Pradesh Ekkadu Srinivasan Lakshmi Narasimhan. Jagat Prakash Nadda is the present Minister of Health & Family Welfare. Jim Corbett National Park (UK), (UP), Buxa National Park (WB), Rajaji Tiger Reserve (Uttarakhand). Mr Nitin Gadkari is the Cabinet minister of Road Transport & Highways. Tedros Adhanom Ghebreyesus is the WHO’s Director General. WHO Headquarters in Geneva, Switzerland. Governor of Karnataka is Vajubhai Rudabhai Vala. Chief Minister of Karnataka is Siddaramaiah. Prof. Jagdish Mukhi is the new Governor of Assam. Sheikh Hasina is the PM of Bangladesh. Abdul Hamid is the President of Bangladesh. Accra is the Capital of Ghana. Ghanaian cedi is the Currency of Ghana. Rajyavardhan Singh Rathore is the present minister of Youth Affairs & Sports. The President of Germany is Frank-Walter Steinmeier. Chris Townsend is the Chairman of the Board of PNB MetLife Birender Singh Dhanoa is present Air Chief Marshal of Indian Air Force. Karnataka is the largest producer of coffee in India. Om Prakash Kohli is present Governor of Gujarat. Vijay Ramniklal Rupani is incumbent CM of Gujarat. Gir Forest National Park & Wildlife Sanctuary is a forest & wildlife sanctuary near Talala Gir in Gujarat. is Capital city of . The Ethiopian Birr is the currency of Ethiopia. Mukhtar Abbas Naqvi is Union Minister of Minority Affairs. India’s Foreign Minister, @SushmaSwaraj, is the most followed female world leader in the world with a 9.6 million following on Twitter. Naveen Tahilyani is the CEO & MD of Tata AIA Life. R A Sankaranarayanan is the MD & CEO of Vijaya Bank. UNESCO stands for United Nations Educational, Scientific & Cultural Organization. Ulaanbaatar is the Capital of . M. P. Mall is the Chairman & MD of IRCTC. Brigadier BD Mishra (Retd) is the present Governor of . is the present Governor of . Werner Hoyer is the President of European Investment Bank. It headquarters in . Sudhir Pai is the CEO of Magicbricks. Mr. Ajay Pandey MD & Group CEO of GIFT City. Launched on 2nd October 1975, the Integrated Child Development Services (ICDS) Scheme is one of the flagship programs of the Govt. of India & represents one of the world’s largest & unique programmes for early childhood care & development. Chairman of ISRO is A. S. Kiran Kumar. ISRO was founded in 1969 & is headquartered in Bengaluru, Karnataka. Flipkart Headquarters in Bengaluru.

BUSINESS NEWS (NATIONAL & INTERNATIONAL) Companies Key Points 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. Chairman of RIL Mukesh Ambani overtook China’s Hui Ka Yan to become Asia’s richest person with a total wealth of $42.1 billion, as per Forbes’ real-time billionaire’s list. Walmart India Launched its first fulfilment centre in Mumbai.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 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. Ola With Microsoft, is building a new connected vehicle platform for car manufacturers worldwide. 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. Consumer Electronics major Launched OEM co-branded card with Bajaj Finserv. This will help customers buying LG Electronics India LG products on a minimum amount of Rs 7,000 & maximum of up to Rs 2 lakh. 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. E-commerce major Myntra Launched its CSR initiative in association with the Union Textile Ministry, to work directly with weavers & elevate their economic stature. 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. Airtel Business, B2B arm Launched Airtel GST Advantage - a solution designed to enable small businesses & Bharti Airtel start-ups to file their GST returns “accurately, securely & seamlessly.” Airtel Launched 'Office-In-a-Box' for start-ups registered under the Karnataka govt.’s Start- Up Cell initiative. Infosys Completed the acquisition of London-based Brilliant Basics. HDFC Bank surpassed TCS to become the country’s second most valued firm in terms of market valuation. Mahindra & Mahindra entered into a strategic alliance with US car major Ford Motor Company to explore cooperation in the sphere of products, technologies, & distribution. Reliance Industries Ltd Is the world’s third-biggest energy company behind Russia’s Gazprom & German (RIL) utility E.ON, as per the Platts Top 250 Global Energy Company Rankings. Aeris Communications entered into a partnership with BSNL to provide packaged Internet of Things (IoT) solutions & services to small, medium businesses & PSUs in India. Telecom equipment & Signed MoU with BSNL to provide solutions for disaster management. The 'Relief 123' solutions provider VNL service will restore connectivity at disaster sites. Bharat Sanchar Nigam Signed a MoU with Chinese gear maker ZTE to work together & prove key technologies Limited (BSNL) like Pre5G & 5G wireless systems. Air India has tied up with PNB & IndusInd Bank to secure loans to the tune of over Rs 3,000 crore for meeting working capital requirements. INTERNATIONAL COMPANIES Tencent become the first Chinese company to be valued at more than $500 billion in Asia.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 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-KLM Come in partnership to route more traffic through Europe & on to North America. 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. Amazon Opened its largest fulfillment center in India on the outskirts of Hyderabad. Google Tez Become the latest UPI-based payments app in the country. The app can be used to pay for movie tickets, utility bills, & make other transactions online. Suzuki Motor will invest more than Rs 1,150 crore along with Japanese partners Toshiba & Denso to set up India's first lithium-ion battery facility in Gujarat. London's transport regulator stripped Uber of its licence to operate, affecting over 40,000 drivers in a huge blow to the taxi app. Samsung’s Bixby Voice now works in India. Bixby is meant to do additional & on-phone tasks which Samsung hopes will make getting things done faster & easier.

Static Takeaways from Business Current Affairs

ONGC: Oil & Natural Gas Corporation Limited| Shashi Shanker, Chairman & MD Reliance Communication: Chairman: Anil Dhirubhai Ambani HPCL: Hindustan Petroleum Corporation Limited: M.K. Surana, Chairman & MD Tencent: Founded in Nov. 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, MD Flipkart | Bengaluru | Kalyan Krishnamurthy (CEO) Indian Oil Corporation: Shri Sanjiv Singh, Chairman Oil & Natural Gas Corp Ltd | Shashi Shanker, Chairman & MD Amazon | Washington, U.S. | Jeff Bezos (Chairman, President & 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 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” 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. Adani Power (Jharkhand) with Bangladesh Long-term pact to supply electricity from its upcoming 1,600 MW Power Development Board (BPDB) plant at Godda in Jharkhand to Bangladesh. 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%. 25 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 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. Odisha Skill Development Authority & Signed MoU for skill development in Odisha. Singapore’s ITE Education Services (ITEES) 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. Govt. of India (GoI) & Patanjali MoU of Rs 10, 000 Crores . 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. National Research Development Corporation (NRDC) signed MoU each with European Business Technology Centre (EBTC) & Lovely Professional University. EBTC is a not-for-profit organization facilitating Europe-India cross-border collaboration in technology transfer & IP management. Asian Development Bank & the Govt. of Signed $300 million loan to continue a series of fiscal reforms in the India State of 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. 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. Abu Dhabi Global Market-ADGM, the Signed MoU to further foster cross-border exchange between the International Financial Centre in Abu fintech ecosystems of the United Arab Emirates & India. Dhabi, & Yes Bank 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. MoU signed by UP, Arunachal Pradesh & Meghalaya under ‘Ek Bharat, Shrestha Bharat’ program, to boost cultural ties. Under this, states will connect with each other to know more about the culture, heritage & traditions. 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. India & Switzerland Signed two MoUs in the field of Railways for technical cooperation in Rail Sector & to help the in establishing the George Fernandes Institute of Tunnel Technology (GFITT) at Goa India & Japan Agreed to collaborate closely in defense production, including on dual-use technologies. India & Japan Signed an agreement that will allow their airlines to operate the unlimited number of flights between the two countries. BSNL with US-based Coriant Agreement to chart the path to 5G & Internet of Things (IoT) in India. India & Afghanistan Four pacts in areas of health, transport, space & new development partnership. India & Extended bilateral cooperation in health sector through the Norway- India Partnership Initiative for a period of 3 years starting 2018. Corporate Affairs Ministry & Central Board Signed MoU for automatic & regular exchange of information to curb of Direct Taxes (CBDT) the menace of shell companies, money laundering & black money HSBC with microfinance industry Agreement to develop digital ecosystem for India's unbanked association Sa-Dhan segment.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Amazon tied with BOB For the loans, which can go up to Rs. 25 lakh. Amazon(India) plans to provide unsecured micro-loans, as low as 1 lakh, at interest rates as low as 10.45-11% at a short span of 3-5 days. Andhra Pradesh govt. with US-based Signed an MoU to build India's first Hyperloop system which is aimed Hyperloop Transportation Technologies at connecting cities Amaravati & Vijayawada in Andhra Pradesh. Maharashtra Govt. & Mother Dairy Fruit & Lease agreement to set up a state-of-the-art milk & milk products Vegetable Pvt. Ltd processing plant. Maharashtra govt. with South Korea Signed an MoU for increased co-operation in infrastructure projects like development of smart cities, roads, airports & metros. Bharti Airtel & SK Telecom of Korea Announced a strategic partnership under which Airtel will leverage the SK’s expertise to build advanced telecom network in India. Tata Steel & Thyssenkrupp of Germany Signed an MoU in a deal that is poised to create one of Europe's largest steel companies. Dabur India with e-commerce major For an online Ayurveda marketplace which will house all ayurvedic Amazon brands & products of the country. Paytm Payments Bank (PPB) with NPCI To launch a RuPay-powered digital debit card 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: | Norwegian krone South Korea: Seoul | South Korean won Germany: Berlin | Euro Somalia: Mogadishu | Somali shilling Iran: Tehran | Iranian rial Sweden: Stockholm | 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. 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. 2. Private Secretary to President Ram Nath Kovind. Railway officer Vikram Singh 3. India’s High commissioner to Pakistan. Ajay Bisaria 4. Karnataka’s first woman Director General & Inspector Neelmani N. Raju General of Police. (replaced Rupak Kumar Dutta) 5. New Finance Secretary Hasmukh Adhia 6. Special director of the Central Bureau of Investigation-CBI Gujarat-cadre IPS officer Rakesh Asthana 7. Ambassador of India to Switzerland Sibi George (Replaced Smita Purushottam) 8. Additional Director General, CISF. Shri Alok Kumar Pateria 9. High Commissioner of India to Republic of Zambia N.J.Gangte 10. Vice Chief of Naval Staff (VCNS) Vice Admiral Ajit Kumar 11. India's new Ambassador to China Gautam Bambawale (Replaced Vijay Gokhale) 12. Member (Staff) Railway Board & ex officio Secretary to the D.K. Gayen Govt. of India

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 13. Member (Engineering) Railway Board & ex officio Secretary M K Gupta to the Govt. of India 14. Tamil Nadu Governor Banwarilal Purohit 15. High Commissioner of India to the Republic of Malta Rajesh Vaishnaw 16. Additional Director General of BSF Nasir Kamal 17. Ambassador of India to Ravi Bangar 18. Ambassador of India to the Principality of Liechtenstein Sibi George 19. Solicitor-General of India Ranjit Kumar, the second highest ranking law officer of the govt., resigned. 20. New Governor of Bihar Satya Pal Malik 21. New Governor of Tamil Nadu Banwarilal Purohit 22. New Governor of Assam Prof Jagdish Mukhi 23. New Lieutenant Governor of Andaman & Nicobar Admiral (Retd) Devendra Kumar Joshi 24. New Governor of Arunachal Pradesh Brigadier (Retd) BD Mishra 25. New Governor of Meghalaya Ganga Prasad 26. New Comptroller & Auditor General of India (CAG). Rajiv Mehrishi 27. New Election Commissioner Sunil Arora 28. New Union Railway Minister Piyush Goyal 29. New Defence Minister of India Nirmala Sitharaman 30. New Youth Affairs & Sports Minister Rajyavardhan Singh Rathore 31. Director General of the National Investigation Agency (NIA) Y.C Modi 32. Banaras Hindu University New Chief Proctor Professor Royana Singh 33. India’s ambassador to Pakistan Ajay Bisaria 34. Gautam Bambawale will head the Indian mission in China. CEO’S/Chairman of Companies/Organizations/Banks 35. Director General of Ordnance Factories (DGOF) & Chairman Shri Sunil Kumar Chourasia of the Ordnance Factory Board (OFB) 36. CEO & MD, Infosys Salil S. Parekh 37. Chairman of Prasar Bharati Board Veteran journalist A Surya Prakash 38. President of the National Restaurant Association of India. Rahul Singh 39. CEO, Online food delivery start-up Swiggy Vishal Bhatia 40. MD & CEO of Aegon Life Insurance. Vineet Arora (replace K S Gopalakrishnan) 41. Filmmaker Sujoy Ghosh resigned as Head of jury of Indian Panorama, 48th International Film Festival of India . 42. Chairman of Bombay Stock Exchange (BSE) Sethurathnam Ravi (replaced D. Swarup) 43. Executive Director of SEBI. Anand Rajeshwar Baiwar 44. CEO & MD of Tata Steel globally T V Narendran 45. Executive Director & Chief Financial Officer of Tata Steel Koushik Chatterjee 46. CFO, Paytm Payments Bank Sudhanshu Jain 47. Honorary Consul General in Hyderabad Suresh Chukkapalli 48. CEO of Bharti AXA Life Insurance Vikas Seth 49. 1st Woman Senior Deputy Director General, Tamil Nadu, N Poonguzhali Telecom Enforcement Resource Monitoring (TERM) 50. MD & CEO of India Post Payments Bank (IPPB) Mr. Suresh Sethi (Replaced A.P. Singh) 51. CEO, Association of Mutual Funds in India (AMFI) NS Venkatesh 52. Laureus' first Brand Ambassador Indian Cricketer Yuvraj Singh 53. Business Head of 'MobiKwik Payment Gateway' Rukaiya Rangwala 54. Director of FICCI’s United Kingdom (UK) operations. Param Shah a 55. MD & CEO PNB MetLife India Insurance Company Ltd Ashish Srivastava 56. Vice-chairman of NITI Aayog Economist Rajiv Kumar 57. New Chairperson of Central Board of Secondary Education Anita Karwal 58. MD & CEO of Vijaya Bank R A Sankara Narayanan 59. MD & CEO of Tamilnad Mercantile Bank. KV Rama Moorthy 28 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 60. CMD of United India Insurance Co. Ltd M. Nagaraja Sarma 61. Chairman & MD of NMDC Ltd. N Baijendra Kumar 62. Chairman of Press Trust of India Viveck Goenka (Replaced Riyad Mathew) 63. Ashish Kashyap resigned as the President & Co-founder of MakeMyTrip. 64. President of Society of Indian Automobile Manufacturers Force Motors Chairman Abhay Firodia 65. CMD of IRCTC Ltd. Mahendra Pratap Mall 66. Infosys Senior Vice President Sanjay Rajagopalan has resigned from his post. 67. Interim chairman of the Goods & Services Tax Network UIDAI’s CEO A.B. Pandey 68. Interim Chairman of the board of NPCI B Sambamurthy 69. CMD of NHPC Ltd Balraj Joshi 70. CMD of Cotton Corporation of India (CCI) Ltd. P. Alli Rani 71. CMD of ONGC Shashi Shankar (replaced Dinesh K Sarraf) 72. MD & CEO of Tata Capital Rajiv Sabharwal

NEW APPOINTMENTS: INTERNATIONAL

Designation/Post Who is Appointed? President/PM/Heads of Countries/Organizations 1. Pakistan's law minister Zahid Hamid resigned. 2. Kenya’s President Uhuru Kenyatta (Second 5 year term) 3. India’s nominee to International Court of Justice (ICJ) Dalveer Bhandari was re-elected to the fifth & the last seat of the world court. 4. UNAIDS Special Ambassador for Adolescents & HIV. AIDS researcher Quarraisha Abdool Karim 5. President of Zimbabwe Emmerson Mnangagwa (Replaced R. Mugabe) 6. 2nd Woman Director-General of UNESCO. Audrey Azoulay (succeeds Irina Bokova) 7. President of Slovenia Borut Pahor 8. New US Ambassador to India Kenneth Juster (Replaced Richard Verma) 9. PM of New Zealand (Youngest NZ PM in 150 yrs) Jacinda Ardern 10. 30th PM of Mongolia Ukhnaa Khurelsukh 11. 8th President of Singapore Halimah Yacob 12. Sri Lankan President Maithripala Sirisena has sacked his deputy Tourism Minister Arundika Fernando. 13. PM of Peru Mercedes Araoz Fernandez 14. President of Peru Pedro Pablo Kuczynski 15. PM of Iceland Mr. Bjarni Benediktsson has resigned from the post. 16. Fourth term as chancellor in Germany Angela Merkel 17. Angola’s New President Joao Lourenco Mayors/Member of Parliament/Envoy/Judges 18. Mayor of Yuba city in California Preet Didbal (first Sikh woman to hold the position in USA) 19. Resigned as International Development Secretary Priti Patel, Britain’s first Indian-origin Cabinet Minister 20. Bangladesh Chief Justice Surendra Kumar Sinha resigned. 21. 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 22. 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. 23. U.S ambassador to India. Kenneth I. Juster Other Appointments 1. UN Environment’s Goodwill Ambassador for India. Former Miss Asia Pacific Dia Mirza 2. Global Goodwill Ambassador for UN Environment British singer-songwriter Ellie Goulding

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 3. President of 36th International Geological Congress Scientist Vijay Prasad Dimri (IGC) (replaced Shailesh Nayak) 4. Ambassador of World Packaging Organisation. Ecobliss India MD AVPS Chakravarthi 5. HSBC’s Chief Executive Officer for India Jayant Rikhye (Replaced Stuart Milne) 6. Samsung Electronics Chief Executive resigned Kwon Oh-hyun 7. WHO’s Deputy Director General for Programmes Soumya Swaminathan 8. WHO’s Deputy Director General for Corporate Ms Jane Ellison Operations 9. Chief of Naval Staff of Pakistan Vice-Admiral Zafar Mahmood Abbasi 10. First Indian woman ambassador in 'Friends of Australia' Bollywood actress Parineeti Chopra (FOA) advocacy panel by Tourism Australia. 11. Chair of Ethics Commission of the International Former United Nations (UN) Secretary-General Olympic Committee (IOC) for a four-year term. Ban Ki-moon 12. Secretary-General of UN Antonio Guterres appointed Peter Thomson the first special envoy for the oceans 13. Gulf carrier Etihad Airways’ Group CEO Tony Douglas 14. Chairperson of World Hindu Congress, Chicago-2018 Tulsi Gabbard

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

AWARDS

Name of the Award Winner Awards for Literature/Journalism 1. Big Little Book Award for 2017 in "Author in Bengali Language" Sahitya Akademi awardee Bengali category for her contribution to the children's literature. writer Nabaneeta Dev Sen 2. Ezhuthachan Puraskaram 2017 Noted Malayalam Poet & literary (Kerala govt.'s highest literary honour) critic, K Satchidanandan 30 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 3. 53rd for the year 2017 Renowned Hindi litterateur Krishna Sobti 4. Mathrubhumi Literary Award for 2016 for rich contribution to the Eminent critic, biographer & orator M K Malayalam literature. Sanu 5. Padma Prabha Puraskaram for 2017 Eminent poet, lyricist & journalist Prabha Varma 6. 2017 Man Booker Prize US author George Saunders 7. 2016 Prominent Konkani writer Mahabaleshwar Sail for his novel 'Hawthan' 8. UNESCO’s 2017 International Literacy Prizes a) Confucius Prize is given to AdulTICoProgram from Columbia, The Citizens Foundation from Pakistan, & the FunDza project from South Africa. b) King Sejong prize is shared by Centre for Study of Learning & Performance from Canada & We Love Reading programme from Jordan Country’s Highest Honour Given 9. 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,”. 10. Nicaraguan author & former politician Sergio Ramirez Mercado won the 2017 Cervantes Prize. It is the Spanish- speaking world's highest literary honor. 11. 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. 12. 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. 13. Bollywood star Salman Khan received a Global Diversity Award at Britain’s House of Commons. 14. Former DIG D Roopa, who highlighted the alleged irregularities at the central jail in Karnataka, was conferred the President's Medal. 15. Indian cricket board, BCCI nominated MS Dhoni for country's third highest civilian award – the Padma Bhushan, for his contribution to the game. 16. Olympic silver medallist shuttler P.V. Sindhu recommended for the prestigious Padma Bhushan by the Sports Ministry. 17. The top Goncourt Prize 2017 was awarded to Eric Vuillard’s novel L’ordre du jour (in English ‘Agenda’). Film/Music Awards 18. 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 . 19. Golden Peacock award for best film at 48th International Robin Campillo’s French film 120 Beats Per Minute Film Festival of India 20. 'Best Short Film Award' at the South Asian Film Festival Indian short film ‘The School Bag’. of (SAFFM) Directed by Dheeraj Jindal 21. Madhya Pradesh govt.'s prestigious National Lata Alka Yagnik, Udit Narayan, Usha Khanna, Bappi Mangeshkar Award. Lahiri & Anu Malik 22. Vishnudas Bhave Award Veteran actor Mohan Joshi 23. Sumitra Charat Ram Award for Lifetime Achievement Girija Devi (Posthumously) 24. Lifetime Achievement Award Veteran actor Sharmila Tagore 25. Golden Lion Award at the 74th Venice Film Festival Guillermo del Toro’s 'The Shape of Water' 26. ANR National Award for contribution to Telugu film S S Rajamouli industry. 27. In the 69th Annual Primetime Emmy Awards, The Handmaid's Tale became the first web television series to win the award for Outstanding Drama Series. 28. GQ Actor of the Year Award2017 Rajkummar Rao GQ Woman of the Year award 2017 Anushka Sharma Other Awards Conferred 29. 24-year-old model & Miss Korea Jenny Kim bagged the title of Miss Supranational 2017 held in Poland.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 30. 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. 31. 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. 32. Veteran journalist Manik Banerjee presented with the 'Life Time Achievement Award' by the Indian Mountaineering Foundation (IMF). 33. “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. 34. In International Bosphorus Film Festival which held in Turkey, Ishaan Khattar won Best Actor award for ‘Beyond The Clouds’. It is directed by Iranian filmmaker Majid Majidi. 35. Awarded ‘Most visited place of the world’ by ‘World Book The Golden Temple 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. M other 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 “social contribution in country value.” Corporation (APMDC) 41. List of the Winners of Indian Sports Honours 2017 held in Mumbai a) R Ashwin awarded Sportsman of the year for team sport. b) Indian Women’s Cricket Team Captain Mithali Raj awarded Sportswoman of the year for team sport c) was awarded Inspirational Honour d) Emerging Sportswoman of the year: Aditi Ashok (Golfer) e) Emerging Sportsman of the year: Neeraj Chopra (Javelin Thrower) f) Differently abled Sportswoman of the year: Deepa Malik g) Differently abled Sportsman of the year: Devendra Jhajharia h) Breakthrough Performance of the Year: Hardik Pandya (Cricketer) 42. Indira Gandhi Prize for Peace, Disarmament & Former PM Manmohan Singh Development 43. Sri Ranganathaswamy Temple of Srirangam in Tamil Nadu won UNESCO Asia Pacific Award of Merit 2017 for the cultural heritage conservation program. 44. Royal Opera House awarded the UNESCO Asia-Pacific Award for Cultural Heritage Conservation. 45. 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. 46. 47. 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. 48. Confederation of Indian Industry (CII) Industrial L&T Technology Services Ltd (LTTS) Innovation Award, 2017. 49. Entrepreneur of the Year by ASSOCHAM Maya Swaminathan Sinha 50. Award from All India Council for Technical Education Entrepreneurship Development Institute of India (AICTE) for supporting start-ups (EDII) 51. Golden Peacock Award under the category 'Global Andhra Pradesh CM N Chandrababu Naidu Leadership in Public Service & Economic Transformation' 52. 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. 53. Best department for its contribution during Swachhta Ministry of Health & Family Welfare Pakhwada 54. International Business Person of the Year at the Asian Birendra Sasmal, CEO of Subah Achievers Awards in London 55. Meenakshi Sundareswarar Temple has been adjudged best ‘Swachh Iconic Place’ in India. 32 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 56. 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. 57. Reliance Foundation was rewarded with Rashtriya Khel Protsahan Award. Chairperson of the foundation, Nita Ambani collected the award from President Ram Nath Kovind. 58. Infosys co-founder N R Narayana Murthy & Mumbai-born scientist Veena Sahajwalla conferred the PLuS Alliance Prize. 59. ASSOCHAM Services Excellence Award. Gujarat International Finance-Tec City 60. First life time award by Badminton Association of India Indian Badminton legend Prakash Padukone 61. N R Madhava Menon Best Law Teacher Award 2017 Eminent jurist Tahir Mahmood 62. National level Rajbhasha Keerti Award Marine Products Export Development Authority 63. UNHCR 2017 Nansen Refugees Award. A Nigerian, Zannah Mustapha 64. Eminent scientist, Professor C.N.R Rao, become the first Asian to be chosen for Von Hippel Award for his immense contribution in materials research. 65. Hyderabad International Airport Ltd bagged National Award for ‘Excellence’ in Energy Management at a conference hosted by Confederation of Indian Industry (CII).

Static Takeaways from Awards & Recognition International Gandhi Peace Prize: For contributions towards social, economic&political transformation through non- violence&other Gandhian methods. Bharat Ratna: It is the premier civilian award, to serve the nation. Padma Vibhushan: Ranking wise the second award is the Padma Vibhushan in the Indian Republic. It awarded people from various fields including Govt. service to distinguish extraordinary service for the country. Padma Bhushan: The Padma Bhushan is the highest civilian award third in rank in the Indian Republic. Padma Shri: It is awarded to citizens of India for their distinguished contribution in several fields including Education, Literature, Arts, Science, Industry, Social Service, Medicine, Sports&Public Affairs. Dronacharya Award: For brilliance in sports coaching. Dhyan Chand Award: Highest lifetime achievement award in sports&games in India Rajiv Gandhi Khel Ratna: Highest honor given for accomplishment in sports. Vyas Samman: For literary in the Hindi language. Saraswati Samman: For outstanding prose or poetry literary works in any Indian language listed in Schedule VIII of the Constitution of India. Param Vir Chakra: Highest decoration Awarded for the most conspicuous bravery or some daring or prominent act of valour or self-sacrifice in the presence of the enemy on land, sea or air. Maha Vir Chakra: Second highest decoration. It is awarded for acts of conspicuous gallantry in the presence of the enemy, whether on land, at sea or in the air. Vir Chakra: It is the third in the order of awards for acts of gallantry in the face of the enemy on land, sea or air. Ashok Chakra: Awarded for most conspicuous bravery or some daring act of valour or self-sacrifice.

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 33 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 Abel Maths Merlin Magic Man Booker Literature Vachspati Samman Sanskrit Literature

CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)

Name of the Summit Location/Held in SUMMITS HELD NATIONALLY 1. Shared Value Summit 2017 with the theme “Equity & Empowerment” held in New Delhi (Minister of Industry & Commerce, Suresh Prabhu was the chief guest) 2. 15th Finance Commission first meeting under the Chairmanship of Shri N.K. Singh & New Delhi other members held in 3. 1st International exhibition & Conference on AYUSH & Wellness sector- AROGYA New Delhi 2017 with the theme 'Enhancing the global potential of Ayush' held in 4. 6th International Tourism Mart-2017 Guwahati, Assam 5. VP M Venkaiah Naidu inaugurated 12th Annual convention of central information commission in New Delhi. 6. 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". 7. 5th Global Conference on Cyber Space inaugurated by PM Modi held in New Delhi 8. International Gita Mahotsav 2017 inaugurated by President Kovind held in Kurukshetra, Haryana (Mauritius was partner country & Uttar Pradesh was partner state) 9. Indian Tsunami Early Warning Centre (ITEWC) based at Indian National Centre for Ocean Information Services (INCOIS) conducted “Multi-State Mega Mock Exercise of Tsunami for East Coast of India”. 10. 12th meeting of Standing Committee of Inter-State Council (ISC) held in New Delhi (It was chaired by Union Home Minister Shri Rajnath Singh) 11. Korea festival showcasing Korea's rich art, culture & heritage inaugurated at Ambience Mall, Haryana 12. 1st edition of International Symposium to Promote Innovation & Research in Energy Jaipur, Rajasthan Efficiency (INSPIRE 2017) held in 13. Nordic-Baltic embassies will host the first ever youth film festival of the European nations in Delhi. 14. ‘India Disaster Response Summit’ held in New Delhi 15. 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. 16. 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. 17. 21st World Congress of Mental Health New Delhi 18. 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. 19. 34th Annual conference of Asian Bankers Association (ABA) with the theme 'Asia's Mumbai turn to transform' to be held in 20. 15 th Asia Pacific Computer Emergency Response Team (APCERT) Conference with In New Delhi the theme "Building Trust in the Digital Economy" held in 21. India’s first Tribal Entrepreneurship Summit jointly organized by NITI Aayog & Dantewada, Chhattisgarh govt. of USA held in 22. Three-day AP AgTech Summit-2017 held in Visakhapatnam

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 23. “12th North-East Business Summit” to explore the scope for business opportunities In New Delhi in the North-Eastern region of India. 24. N inth edition of CMS Vatavaran - an international film festival on environment & New Delhi. wildlife with the theme Conservation 4 Water" held in 25. World Food India 2017 food Event held in New Delhi 26. PM Modi inaugurated a global conference on consumer protection in New Delhi (Note: Twenty-two countries participated in the international conference) 27. 3rd Global Investors’ India Forum with the theme 'Ideate, Innovate, Implement & New Delhi. Invest in India’ held in 28. 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’. 29. 44th edition of world largest B2B handicraft & gifts fair entitled IHGF-Delhi Fair India Expo Centre & Mart, (Autumn) 2017 held at Greater Noida 30. The 2017 Global Entrepreneurship Summit will be held in. Hyderabad, India Note: Theme is “Women First, Prosperity for All”. 31. Archaeological Survey of India (ASI), Ministry of Culture is hosting international Delhi, Gandhinagar & conference on “Dialogue of Civilizations – IV” Dholavira 32. The first ever ASEAN-India music festival held at Purana Quila in New Delhi Note: Theme is ‘Shared Values, Common Destiny’. 33. First Meeting of India-Australia Joint Steering Committee held in New Delhi 34. Rajaswa Gyan Sangam, 2017 jointly organized by CBDT & Central Board of Excise & New Delhi Customs. 35. First ever National Conference on Mission Mode to address Under-Nutrition in the New Delhi country with the goal of “Malnutrition Free India-2022” 36. 1st National Canine Seminar organized by NSG. Manesar, Haryana The theme was 'Canine as Tactical Weapon in Fight against Terrorism' 37. The second State Startup Conference held in New Delhi 38. 5th ‘Coastal Shipping & Inland Water Transportation Business Summit 2017’ Kochi 39. Conference on “Sustainable landscapes & forest ecosystems: Theory to Practice”. New Delhi 40. 2nd International Yoga Festival & Sports Championship 2017 organized in J&K 41. First ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017) Delhi & NCR 42. 6th International textile & apparel fair, 'VASTRA' Jaipur 43. 1st Mobile, Internet & Technology event in India – India Mobile Congress 2017 New Delhi 44. For the first time, India, US & Afghanistan will hold joint trade & investment show in Delhi. SUMMITS HELD INTERNATIONALLY 45. 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 46. 3rd Dialogue between the NITI Aayog & Development Research Council of China, Beijing co chaired by VC Dr. Rajiv Kumar, & Mr Li Wei, President (Minister), DRC held in 47. 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. 48. 10th South Asia Economic Summit (SAES) with the theme “Deepening Economic Kathmandu, Nepal Integration for Inclusive & Sustainable Development in South Asia”. 49. 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.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 50. A Curtain Raiser Event for the Founding Ceremony of the International Solar Bonn, Germany Alliance (ISA) was held in 51. 2017 UN Peacekeeping Defence Ministerial Conference held in Vancouver, Canada 52. IV Global Conference on the Sustained Eradication of Child Labour Buenos Aires(Argentina) 53. WHO Global Ministerial Conference “Ending TB in the Sustainable Development Moscow, Russia Era: A Multisectoral Response” held in 54. 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. 55. 2nd World Congress on Marxism to be held at Peking University in Note: Theme is "Marxism & the Current World & China". Beijing, China 56. Union Minister for Finance participated in G-20 Finance Ministers & Central Bank Governors (FMCBG) Meeting in Washington D.C. 57. 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 58. World Govt. Summit announced that India is a guest country in its upcoming gathering. Note: World Govt. Summit- HQ: Dubai, UAE & Chairman: Mohamed bin Abdullah Al Gergawi. 59. 13th Meeting of Inter-Govt.al Commission (IGC) with Kazakhstan. Astana, Kazakhstan 60. 9th BRICS Summit held in Xiamen, China. The theme was "Stronger Partnership for a better future". 61. 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 Headed by NITI Aayog chief stressed assets in India's power sector. executive Amitabh Kant 2. 7-member committee formed by Union Environment Ministry to Environment Secretary C.K. formulate measures to solve 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 Arbind Modi, CBDT Member in 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 EAC-PM is chaired by Dr. Bibey New Delhi to deliberate upon & lay out a roadmap to give a leg up to the Debroy Indian 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 GST M Vinod Kumar 9. Panel for by the Govt. to study merger of District Central Cooperative Yashwant Thorat Banks (DCCBs) with Maharashtra State Cooperative (MSC) Bank 10. Group of ministers (GoM) on making the GST composition scheme more Assam Finance Minister Himanta attractive held its first meeting in New Delhi. The 5-member GoM, led by: Biswa Sarma 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

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 13. Govt.'s Committee on Haj Policy has recommended phasing out of Headed by Afzal Amanullah subsidy 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 15. NITI Aayog constituted an Expert Task Force to provide a major thrust to job NITI Aayog Vice Chairman Dr. creation by enhancing India’s exports Rajiv Kumar 16. A dvisory committee of SEBI to discuss a proposal for extending stock Jayanth R Varma market trading hours. The committee is led by 17. FM Jaitley constituted a Group of Ministers (GoM) to monitor & resolve Bihar Deputy CM the IT challenges faced in the implementation of GST. Sushil Kumar Modi 18. Committee on Exports constituted to look at the issues of export sector & Convenorship of Revenue to recommend the GST Council suitable strategy for helping the export Secretary Dr. Hasmukh Adhia sector in the post-GST scenario. 19. PM Modi reconstituted the Economic Advisory Council (EAC) to guide is the Chairman. him on economic issues

NATIONAL CURRENT AFFAIRS

INDIA & WORLD India re-elected as the member of the UNESCO’s India re-elected to the Council of the International executive board. The election held at the 39th session of Maritime Organisation under Category B. Indian High the General Conference of the UNESCO in Paris, France. Commissioner to the UK Y K Sinha represented India at Four agreements were signed by India & Philippines the assembly. in areas including Defence Cooperation & Logistics, The Govt. to Govt. Umbrella Agreement between agriculture, Micro, Medium & Small Enterprises-MSME India & Germany concerning Financial Cooperation in & forging closer relations between the Indian Council of 2016 (II) signed to formalize an amount up to Euro 200 World Affairs & the Philippines Foreign Service million for Financial Cooperation in form of loan for Institute. the project ‘Climate Friendly Urban Mobility III’ & India, the United States, Japan & Australia held their Euro 11 million Accompanying measures in form of first official-level talks in Manila, Philippines with a grant for four projects. focus on keeping the India-Pacific region "free & open". India & Cuba signed MoU for enhanced cooperation in India & France agreed to deepen security cooperation, the health sector. bilaterally & in the multilateral fora, & strengthen strong Union Agriculture & Farmers Welfare Minister, Shri commitment to combating terrorism in all its forms & Radha Mohan Singh with H.E Maurizio Martina, Italian manifestations. Minister for Agriculture Food & Forestry Policies have signed a new MoU for cooperation in Agriculture & Phytosanitary issues.India & Russia agreed to implement the general declaration for visa free entry of the crew of chartered & scheduled flights between the two countries. 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- India & Tunisia agreed to jointly combat terrorism & service between Kolkata & Khulna. The new train extremism while ramping up cooperation in the field of service is called Bandhan Express. security. This was signed at the 12th India- Tunisia Joint Govt. notified the third protocol between India & New Commission Meeting. External Affairs Minister Sushma Zealand for avoidance of double taxation & prevention Swaraj co-chaired with her Tunisian counterpart of fiscal evasion with respect to taxes on income. Khemaies Jhinaoui. Six agreements in the fields of 37 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 judicial cooperation, cooperation in youth issues, reduce the level of stunting, under-nutrition, anemia & information & communications technology, trade & low birth weight babies. business, were also signed. The total fish production has reached at about 11.41 India pledged an additional amount of USD 100 million tonnes in 2016-17 & India has become the 2nd million towards the UN partnership fund, scaling up largest fish producing country in the world. its support to sustainable development projects across Union Cabinet chaired by PM Modi has approved the developing world. India's Membership for European Bank for ADB & Govt. of India signed a $65.5 million loan Reconstruction & Development (EBRD). agreement in New Delhi to continue interventions to Winter session of Parliament will be held from 15th of check coastal erosion on the Western Coast in next month to 5th January. Karnataka. Minister of Women & Child Development, Smt Maneka To strengthen maritime security, India & United States Gandhi launched an intensive training program for agreed to implement the program for Helicopter Elected Women Representatives (EWRs) of Panchayati Operations from Ships Other Than Aircraft Carriers Raj Institutions & Master Trainers, in New Delhi. (HOSTAC). Govt. embarked upon a major policy initiative for the German Railways will assist to make rapid transformation of 115 backward districts across country's existing rail corridors semi-high speed. The the country by 2022. Senior level govt. officials, at the semi high-speed trains will run at 200 km per hour. rank of Additional Secretary & Joint Secretary, have India opened two immigration check posts along the been nominated as ‘Prabhari’ officers for each district. A borders with Myanmar & Bangladesh. Central govt. detailed briefing of these officials was held under the designated Zorinpui land check post in Lawngtlai chairmanship of Cabinet Secretary P.K. Sinha. district of as an authorized immigration check Union Home Ministry formed two new divisions to post for entry into or exit from India with valid travel exclusively deal with emerging security challenges documents for all classes of passengers to or from such as radicalization & cyber crime. The two divisions Myanmar. Kawrpuichhuah land check post in Lunglei called Counter-Terrorism & Counter-Radicalization district of Mizoram as an authorized immigration check (CTCR) & the Cyber & Information Security (CIS). post for entry into or exit from India with valid travel CTCR wing is basically modified version of the Home documents for all classes of passengers to or from Ministry’s internal security-II division. CIS division will Bangladesh. monitor online crimes & threats, including cyber fraud Bangladesh signed a $4.5 billion third line of credit & hacking. (LoC) agreement with India for its infrastructure & Centre given an in-principle approval to provide an social sector development. The agreement was signed in assistance of Rs 10,000 crore to fund 107 irrigation the presence of FM Jaitley & his Bangladeshi counterpart projects in drought-hit Vidarbha & Maratha regions of A M A Muhith. Maharashtra. ADB increase its annual lending to India to a India topped the list of seven countries, accounting for maximum of $4 billion between 2018 & 2022 to help 64% of 10.4 million new tuberculosis (TB) cases fasten inclusive economic transformation. worldwide in 2016, as per report by the World Health PM Modi met Belarus President Aleksandr Organisation. An estimated 1.7 million people died Grigoryevich Lukashenko in New Delhi & discussed from TB in 2016. various issues of mutual interest of both countries. SC ruled that technical education cannot be provided India started 'Operation Insaniyat' to provided through correspondence courses. The Apex Court assistance to Bangladesh in response to the restrained educational institutions from providing humanitarian crisis being faced on account of the large courses in technical education like engineering. influx of Rohingya refugees into that country from India Pavilion at Conference of Parties (COP) 23 Myanmar. inaugurated by Union Minister of Environment, Forest & Climate Change, Dr. Harsh Vardhan at Bonn in OTHER NATIONAL CURRENT AFFAIRS Germany. The 23rd United Nations Framework PM Modi inaugurated the BR Ambedkar International Convention on Climate Change (UNFCCC) held at the Centre in New Delhi. He also unveiled two statues of Bonn, Germany. India’s theme for COP 23 is the Dalit icon at the center in Janpath. “Conserving Now, Preserving Future”. Union Cabinet chaired by PM Modi has approved Union Home Minister Rajnath Singh along with Minister setting up of National Nutrition Mission (NNM) with of Petroleum & Natural Gas & Skill Development & a 3-year budget of Rs.9046.17 crore commencing from Entrepreneurship Dharmendra Pradhan inaugurated 2017-18. The program through the targets will strive to India's first Pradhan Mantri Kaushal Kendra (PMKK)

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 for Skilling in Smart Cities, in collaboration with New PM Modi laid the foundation stone for Bhadbhut Delhi Municipal Council (NDMC). Barrage to be built over in Bharuch Union Home Minister Rajnath Singh announced that Gujarat. He also flagged off the former Director IB Dineshwar Sharma was between Udhna in Surat & Jaynagar in Bihar. A new 500- handpicked by the Ministry of Home Affairs (MHA) to crore rupees civil hospital & a medical college in hold a dialogue with stakeholders of Jammu & Vadnagar, Gujarat was inaugurated. Kashmir. A sustained dialogue will be initiated with all PM Modi laid the foundation stone of a four-lane cable- shades of opinion in Kashmir . stayed bridge between Okha & Beyt Dwarka. The Union Cabinet approved the biggest ever highway bridge is a link between old & new Dwarka. The 2.32 project to develop & expand approximately 83,000 km km bridge, including 900 metres of central double span of roads at an investment of Rs 6.9 lakh crore by 2022. cable-stayed portion, will be constructed at a cost of Rs. The project also includes the new 28,400 km Bharatmala 962.43 crores. highway program connecting border areas, improving The nation pays homage to Father of the Nation, international, port & coastal connectivity. Mahatma Gandhi on his 148th birth anniversary on India overtakes the US to become world’s 2nd largest 02nd October 2017. His autobiography was "My smartphone market, trailing only China, as per Canalys. experiments with Truth". Union Cabinet approved over Rs 7,000 crore for The nation pays homage to former PM Lal Bahadur construction of permanent campuses of six new Indian Shastri on his birth anniversary on 02nd October 2017. Institute of Technology (IITs) across the country. Each Lal Bahadur Shastri was born on 02nd October 1901 at of the permanent campuses to be established at Tirupati Mughalsarai in Uttar Pradesh. He led the country (Andhra Pradesh), Palakkad (Kerala), Dharwad during the Indo-Pakistan War of 1965 & gave the (Karnataka), Jammu (Jammu & Kashmir), Bhilai slogan - "Jai Jawan Jai Kisan". (Chhattisgarh) & Goa will have a facility for housing India's first Centre for Animal Law established at 1,200 students from the academic year 2020-2021. NALSAR University of Law in Hyderabad, Telangana. PM Modi dedicated the Bidar - Kalaburagi New President Kovind launched nation-wide campaign Railway Line to the Nation by unveiling a plaque at Swachhata Hi Sewa from Kanpur, UP. The objective is Bidar Railway Station, in Karnataka. to mobilize people & reinforce the Jan Aandolan for PM Modi inaugurated the first ever All India Institute sanitation to contribute to Mahatma Gandhi's dream of of Ayurveda (AIIA) in New Delhi, on 2nd Ayurveda a Clean India. Day. It is the first institute under the Ministry of AYUSH PM Modi launched the Sardar Sarovar Dam - the with a National Accreditation Board for Hospitals & world's second-biggest - on the river Narmada in Healthcare Providers (NABH) accreditation. Gujarat. The 1.2-km-long dam, which is 163 meters PM Modi laid the foundation stone for four sewerage deep, will irrigate over 18 lakh hectares in the state. projects under the Namami Gange programme; & four President Kovind laid the foundation stone of 2nd phase National Highway projects, at Mokama in Bihar. The of link IV pipeline canal of Saurashtra Narmada total outlay of these projects is over Rs. 3700 crores. The Avtaran Irrigation (SAUNI) Yojana in Rajkot, Gujarat. four sewerage projects include Sewage Treatment Plant FSSAI CEO Pawan Kumar Agarwal inaugurated the at Beur, Sewerage System with Sewer Network at Beur, Nestle Food Safety Institute in Manesar, Gurugram. It Sewage Treatment Plant at Karmalichak & STP & Sewer will provide guidance & training on food safety. Network at Saidpur. VP Naidu laid the foundation stone for Smart Foundation stone for the first ever Industrial Training City coming up on the Heavy Engineering Corporation Institute for the Divyangans exclusively was laid at (HEC) land. Dibrugarh ITI Complex at Borboruah, Dibrugarh by Assam CM Sarbananda Sonowal. INTERNATIONAL CURRENT AFFAIRS IMF approved a new USD 88 billion credit line for ADB Board of Directors has approved debt financing Mexico which will boosts Mexico’s ability to & partial risk guarantees totaling $583 million to immediately deal with a potential need for liquidity. develop the Reliance Bangladesh Liquefied Natural Raj Shah who holds a key position in the White House, Gas (LNG) & Power Project. gaggled with reporters on board US Presidential US Supreme Court allowed President Donald Trump’s chopper Air Force One, becoming the first Indian- travel ban to take full effect pending appeal, for American to enjoy the privilege. people coming from six Muslim-majority countries. As The first phase of Chabahar port inaugurated by a result of the SC's ruling, Trump's travel ban, which Iranian President Hassan Rouhani. The port, located restricts travel to the US by people from Iran, Libya, in Iran’s southeastern Sistan-Baluchestan Province. Syria, Yemen, Somalia & Chad without bona fide 39 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 connections to the US, can take full effect while legal in the world. The book fair was held under the theme challenges proceed. ‘A World in My Book’. Australia’s parliament legislated for marriage China unveiled Asia's largest artificial island- equality, passing a bill almost unanimously to allow building ship. The 140-metre-long vessel has been two people, regardless of sex, to marry. Australia dubbed as "magic island maker". It is capable of becomes the 25th country to recognize same-sex digging 6,000 cubic metres an hour, which is equivalent marriage. to three standard swimming pools. The boat named US President Donald Trump & Russian President Tian Kun Hao is equivalent of three standard Vladimir Putin agreed to support the U.N. effort to swimming pools. "peacefully resolve" the nearly seven-year-long Syrian As per govt. of Kazakhstan, the name of this Central civil war. Asian Country will change to Qazaqstan by 2025. Robert Mugabe resigned as President of Zimbabwe PM Modi visited International Rice Research Institute with immediate effect after 37 years in power. (IRRI) in Los Banos, Philippines & inaugurated ‘Shri Scientists developed the world’s first artificial Modi Resilient Rice Field Laboratory’ there. intelligence politician that can answer a person’s DMRC with Embassy of Sweden jointly inaugurated queries regarding local issues such as policies around Nobel Memorial Wall at the Rajiv Chowk Metro housing, education & immigration. The virtual station, Delhi. politician, called SAM, was created by Nick Lebanese PM Saad al-Hariri resigned from his post. Gerritsen, a 49-year-old entrepreneur in New Kevin Lilliana of Indonesia was crowned Miss Zealand. International 2017 by Verzosa in Tokyo. Myanmar's de facto leader Aung San Suu Kyi stripped Bangladesh signed long-term sales & purchase of the Freedom of Oxford award over her "inaction" in agreement with an Indian refiner to import gas oil to handling the raging Rohingya refugee crisis & turning meet the country’s energy demand. a "blind eye to violence" in the country that forced over Nicaragua signed the Paris Agreement on climate 600,000 people to flee to Bangladesh. change, leaving the United States & Syria as the only European Union Election Observation Mission two countries holing out to sign this global climate pact. officially launched to monitor the general & provincial The President of Nicaragua is Daniel Ortega. polls in Nepal which are scheduled for November 26 & Qatar committed that it will introduce a minimum December 7. wage for workers in the country. Other reforms to Saudi Arabian govt. approved the practice of yoga as labour laws include stopping employers from a sports activity, claimed a social media post of Nouf preventing workers from leaving the country, a new Marwaai, founder of the Arab Yoga Foundation in the central authority to ensure that work contracts are Saudi kingdom. being adhered to & bilateral agreements with 36 Typhoon Damrey arrived in Vietnam. It was the countries to protect the legal rights of those who head strongest cyclone in 16 years. to the Gulf for work. China launched world's first all-electric ship that can Saudi Arabia become the first country to give a robot travel up to 80 km with 2000-tonnes cargo after a two- citizenship. The move is an attempt to promote Saudi hour charge. The 70.5-metre-long ship, which weighs Arabia as a place to develop artificial intelligence and, about 600 tonnes, was launched in Guangzhou in South presumably, allow it to become a full citizen. The Robot China's Guangdong Province. is named as 'Sophia'. As per UN report, Syria has officially signed up to the Burundi became the first nation ever to leave the Paris Agreement, leaving the United States as the only International Criminal Court (ICC), set up 15 years country to reject the global climate-rescue pact. Syria ago to prosecute those behind the world’s worst became 169th of 196 countries that are members of the atrocities. UN climate convention. The world’s first hybrid electric tram powered by Food & Drug Administration approved the first drug hydrogen fuel cells has started running in China. in the United States with a digital ingestion tracking Iran's key strategic port of Chabahar became system, in an unprecedented move to ensure that operational with the maiden shipment of wheat from patients with mental illness take the medicine India to Afghanistan. It was flagged off from Kandla prescribed for them. port in Gujarat. Chabahar port is strategically located With more than 1.5 million book titles & 1,650 in Sistan-Balochistan province on energy-rich Iran’s publishing houses from 60 countries, Sharjah southern coast in Gulf of Oman. International Book Fair (SIBF) opened its doors to Turki Al-Asheikh, Chairman of the General Sports public & trade visitors. It is the third largest book fair Authority of Saudi Arabia announced that Saudi

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 women will now be able to attend sports events in repeatedly failing to heed concerns over possible stadiums starting from 2018. terrorist financing & money laundering. US & Israel announced their withdrawal from the In US, two influential Democratic lawmakers UN’s cultural agency UNESCO after Washington introduced a legislation in the House of accused it of anti-Israeli bias. Representative to support India’s permanent South Pacific island nation of Vanuatu become host to membership to the UN Security Council. Introduced the world’s first govt. to accept bitcoin in exchange for by Congressman Ami Bera & Congressman Frank citizenship. Pallone, the resolution would put the House officially In the United States, hurricane Nate made landfall on record in support of India’s bid. near the mouth of the Mississippi River in Louisiana. Prince Charles, the heir to Britain’s throne, became the Austria’s law banning face veils such as burkhas or longest-serving Prince of Wales in history. niqabs has come into effect from now. As per the Russia & Iraq restored scheduled commercial airline Govt., acceptance & respect of Austrian values are basic services for the first time since 2004. conditions for successful cohabitation between the Norway's sovereign wealth fund, the largest in the majority Austrian population & people from third world, reached the value of $1 trillion for the first countries living in Austria. time. China marked 68th National Day on 01st Oct. 2017 Fifty countries have signed a treaty to ban nuclear with more than 115,000 people from across the country weapons, a pact that the world’s nuclear powers gathering at the Tian'anmen Square to watch the raising spurned but supporters hailed as a historic agreement of the National Flag in Beijing. nonetheless. China will give 500 million yuan ($76.4 million) for a Saudi Arabia’s King Salman issued a decree allowing BRICS economic & technology cooperation plan, & women to drive for the first time. The order will be another $4 million for projects at the BRICS countries' implemented by June 2018. Saudi Arabia is the only New Development Bank stated Chinese President Xi country in the world to forbid women from driving. Jinping. Indian Ambassador in UAE Navdeep Singh Suri Nepal signed a USD 635 million UN assistance inaugurated the second Indian Workers’ Resource package for 2018-2022 to lay out the country’s Centre (IWRC) in UAE to provide support & development strategy for the next five years. counseling to Indians in distress. US banking regulators ordered Pakistan’s Habib Bank to shutter its New York office after nearly 40 years, for Countries|Capital |Currency Part 2 International Maritime Organization: HQ: London, UK| San Marino: San Marino |Euro Head: Kitack Lim Kazakhstan: Astana |Kazakhstani tenge Cuba: Havana | Cuban convertible peso, Cuban peso Indonesia: Jakarta |Indonesian rupiah Italy: Rome | Euro Peru: Lima |Sol Mauritius: Port Louis | Mauritian rupee Iceland: Reykjavik |Icelandic króna Phillipines: Manila | Philippine peso Germany: Berlin. France: Paris | Euro, CFP franc Angola: |Angolan kwanza Tunisia: Tunis | Tunisian dinar : |Serbian dinar Myanmar: | Burmese kyat Mongolia: Ulaanbaatar |Mongolian tögrög Belarus: Minsk | Belarusian ruble Nepal: Kathmandu |Nepalese rupee Iran: Tehran | Iranian rial Papua New Guinea: Port Moresby |Papua New Guinean Libya: Tripoli | Libyan dinar kina Syria: Damascus | Syrian pound Australia: Canberra |Australian dollar Yemen: Sana'a | Yemeni rial Belarus: Minsk |Belarusian ruble Somalia: Mogadishu | Somali shilling Myanmar: Naypyidaw | Burmese kyat Chad: N'Djamena | Central African CFA franc : Tashkent | Uzbekistani soʻm Vietnam: Hanoi | Vietnamese dong Vietnam: Hanoi | Vietnamese dong Kazakhstan: Astana | Kazakhstani tenge Philippines: Manila |Philippine peso Lebanese: Beirut | Lebanese pound Iraq: Baghdad |Iraqi dinar Indonesai: Jakarta | Indonesian rupiah Norway: Oslo | Norwegian krone Nicargua: Managua | Nicaraguan córdoba Saudi Arabia: Riyadh |Saudi riyal Burundi: Bujumbura | Burundian franc Kenya: Nairobi |Kenyan shilling Cyprus: Nicosia |Euro, Cypriot pound Malta: Valletta | Euro : Sucre | Bolivian bolivian

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 CURRENT AFFAIRS RELATED TO STATES IN INDIA

NORTHERN STATES Bilal Dar, a young boy from Srinagar become the brand Uttar Pradesh's Shamli district was included in the ambassador for Srinagar Municipal Corporation. Dar National Capital Region (NCR), taking the total has been contributing to the ‘Swachhta Abhiyan’ since number of districts in the NCR to 23. the age of 12. Uttar Pradesh becomes the first state to endorse the Centre's draft bill that makes instant triple talaq a EASTERN STATES cognizable & non-bailable offense. As per the draft Nagaland is all set to celebrate the 54th Statehood Day law, its 3 years' imprisonment & a fine to a Muslim man & the 18th Hornbill festival 2017 at Naga Heritage trying to divorce his wife by uttering "talaq" three times. Village, Kisama. The world's biggest toilet pot model unveiled at Bihar Cabinet approved reservations for persons with Marora, popularly known as "Trump village", in disabilities in govt. jobs & educational institutions. The Haryana on World Toilet Day (19 November) in a bid to cabinet gave its approval during a meeting presided by create awareness towards sanitation & use of toilets. CM Nitish Kumar. Haryana govt. signed pacts worth Rs. 2,069 crores with Petroleum Minister Dharmendra Pradhan inaugurated 44 agro-based & food processing enterprises & the first phase of Piped Natural Gas supply system in establishments that will provide employment to 5,012 Bhubaneswar, Odisha. persons. India’s first State of art virology laboratory at Dr Anjali Haryana emerged as the first state in the country to Chatterjee Regional Research Institute for treat Hepatitis-C patients through oral medicine. Homoeopathy in Kolkata inaugurated. Haryana Govt. announced lifetime monthly pension of ADB sanctioned a USD 300 million loan facility for Rs 10,000 for 'Hindi Satyagrahis' & those from the state carrying forward fiscal reforms in West Bengal. who were jailed during the Emergency. UP cabinet decided to make India's first conservation NORTH-EASTERN STATES reserve for blackbuck in Allahabad's Meja. Nagaland became the first State in the Northeast to Border Roads Organisation (BRO) built the world's launch Point of Sale (POS) facility for electricity bill highest motorable road at a height of over 19,300 feet. payment, where the mode of payment will be cashless. The road constructed in the region of J&K. 86- It was launched at Kohima. kilometre road constructed under 'Project Himank' of A group of ministers (GoM) set up under Assam the BRO. Finance Minister Himanta Biswa Sarma to make the UP govt. issued an order notifying Vrindavan & composition scheme more attractive & also revisit GST Barsana towns in Mathura district as “pavitra teerth rates on restaurants. sthals (sacred pilgrimage sites)”. No meat & liquor In a bid to take Internet connectivity to the remotest part shops will be allowed in these towns anymore. of the state, Assam govt. signed an MoU with Google PM Modi's parliamentary constituency will India. soon get two sewage treatment plants as part of the become the first state in the country to set up govt.'s bid to curb Ganga water pollution. The sewage family welfare district committees to examine the treatment plants, having a total 260 million litres daily complaints of women against their husbands & in-laws capacity, will be commissioned at Varanasi's Dinapur & & find an amicable solution. Tripura High Court is the Goitha before March next year. first high court among 24 high courts of the country that Home Minister Singh & UP CM Yogi Adityanath has constituted the family welfare district committees. jointly flagged off the Lucknow Metro Project. The 8.5- In Tripura, a new underground water treatment plant km 'priority corridor' from Transport Nagar to has been commissioned at Sadhutilla in the southern Charbagh will be operational from 6 am to 10 pm daily. part of . The plant has fulfilled the need for Uttarakhand CM Trivendra Singh Rawat announced drinking water free from iron & other contamination. the appointment of actor Akshay Kumar as the brand ambassador of the Swachh Bharat Mission in the state. WESTERN STATES HP govt. launched first-of-its-kind electric bus service PM Modi inaugurated unique world-class hospital at in the 51km-long stretch road between Manali & Swaminarayan Gurukul Vidyapeeth Pratisthanam in Rohtang Pass. Ahmedabad, Gujarat. This world-class hospital aims at ADB approved a loan of $80 million (about Rs 524 providing top of the line medical & health care on crore) for the modernization of HP’s technical & subsidized rates. vocational education & training (TVET) institutions. India will soon have the first Cartoon Network- branded theme park. Turner International India, which 42 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 owns the Cartoon Network brand, has entered into a Andhra Pradesh assembly unanimously passed the brand partnership with Gujarat based real estate, Kapu reservation bill which will provide the entertainment & hospitality group Rajgreen for the community with a 5% quota in education & launch of Amaazia, in Surat. employment in the state. Gujarat will go to polls in two phases on December 9th Telugu would be implemented as a compulsory subject & 14th for 182 assembly seats. CEC Mr. A K Joti made in the CBSE & ICSE schools, from the next academic year this announcement. 89 seats will go to polls in the first in Telangana. phase & the rest 93 in the second phase. Telangana CM K Chandrashekar Rao declared Urdu as Rajasthan assembly become the first in India to call the state's second official language. Every office in the attention & adjournment motions & proposals online state will now have an Urdu speaking officer. from legislators to send them to the state govt.. Hyderabad Metro Rail opened for public with the Centre has given green clearance for a greenfield airport passengers. PM Modi inaugurated 1st phase of elevated project at Hirasar, about 28 km from Rajkot in Gujarat, Hyderabad Metro Rail project at the Miyapur station. at a cost of over Rs. 1,400 crores. Govt. given go-ahead for setting up India’s first mega PM Narendra Modi has inaugurated the first phase of coastal economic zone (CEZ) at Jawaharlal Nehru Port ambitious Ghogha-Dahej Roll-on Roll-off ferry service in Maharashtra as part of a plan to develop 14 industrial at Ghogha in Bhavnagar district in Gujarat. This clusters to spur manufacturing & generate jobs. passenger movement service reduced the distance Kerala govt. inked an MoU with Intel & UST Global between the Ghogha & Dahej from 310 kilometres by for exploring the possibility of transforming the state road to just 30 kilometres, which can be covered in one into an electronic hardware manufacturing hub. hour. Tamil Nadu CM, Edapaddi K Palaniswami, laid the PM Modi launched the Intensified Mission foundation stone for an aerospace park at Kanchipuram Indradhanush (IMI) at Vadnagar in Gujarat. Through district to be set up by the State Govt. in 245 acres & at this, govt. aims to reach each & every child under two an estimated cost of Rs 198 crore. years of age & all those pregnant women who have been Madras high court banned the use of pictures of living left uncovered under the routine immunisation persons on banners & hoardings in T. Nadu. It also program. banned the use of photos of people sponsoring pictures. Gujarat’s commercial capital Ahmedabad formally Karnataka Govt. announced the signing of an MoU accorded the status of India’s first World Heritage City with Microsoft Corporation India Private Limited with by UNESCO. an intention to empower smallholder farmers with The Kandla Port, one of the top 12 major ports in the technology-oriented solutions that will help them country, has been renamed as Deendayal Port in the increase income. name of icon Pandit Deendayal Upadhyay. CM of Maharashtra Devendra Fadnavis released a sum of Rs 4,000 crores under the first phase of the over Rs CENTRAL STATES 34,000 crore farm loan waiver scheme. In the first phase, Madhya Pradesh Assembly unanimously passed a Bill the scheme will cover more than 8 lakh farmers. awarding death to those found guilty of raping girls Kerala govt. given green signal to a proposal of the aged 12 & below. With this, Madhya Pradesh becomes state Startup Mission (KSUM) to accord sabbatical the first State where those convicted of such rapes will leave to the faculty members of all colleges who intend face the gallows. to establish startups. An expert panel, headed by KSUM Chhattisgarh Govt. imposed a ban on the bursting of CEO Saji Gopinath, will select 10 faculty members on a firecrackers in six of its cities, including the state capital pilot basis for the implementation of the project. , ahead of the wedding season. Andhra Pradesh CM Chandrababu Naidu launched Madhya Pradesh has won the ‘Best Tourism State’ Swachh Andhra Mission on the occasion of Gandhi national award for the third consecutive year. President Jayanti. Ace shuttler PV Sindhu has been chosen as the Ram Nath Kovind handed over the award, named as brand ambassador of Swachh Andhra. ‘Hall of Fame Award’, to Minister of State for Tourism Karnataka govt. will merge the existing seven health Surendra Patwa. schemes to launch a unified health scheme- ‘Arogya Bhagya’. It will cover all 1.4 crore households of the SOUTHERN STATES state. The main theme of scheme is ”Treatment First & Air Force & Coast Guard have launched a massive Payment Next”. rescue operation off the Kerala coast to save hundreds Karnataka is the first state to roll out an Electric of fishermen stranded in the rough sea hit by Cyclone Vehicle & Energy Storage Policy that looks not only at Ockhi. boosting sales of Electrical Vehicles but also setting up charging infrastructure & special manufacturing zones. 43 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 Karnataka CM Siddaramaiah launched 'Vision-2025' project across the state. It aimed at evolving a draft policy for the development of the state in next seven years by seeking the opinion of the public. The First water ATM has been inaugurated by Telangana State Home Minister N Narasimha Reddy at Nalgonda X Roads. Andhra Pradesh CM N. Chandrababu Naidu declared the year of 2017 as e-Pragati year. The flagship program will help the govt. to make real-time governance. 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) Bandli WLS Girinagar Hydel Project Great Himalayan National Daranghati WLS Binwa Hydel Project CM: Virbhadra Singh 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: 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 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 44 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 Capital: Raipur Guru Ghasi Das (Sanjay) Udanti Wild Buffalo Bhilai Expansion Power WLS Plant Jharkhand Lawalong WLS Chandrapura TPS CM: Raghuvar Das Palkot WLS Koderma Thermal Governor: Draupadi Murmu Parasnath WLS Power Station Capital: Ranchi 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 WLS Sharavathi Valley WLS Someshwara WLS Kerala Aralam WLS Brahmapuram Power Chimmony WLS 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 RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Mathikettan Shola National Idukki WLS Kayamkulam Power CM: Pinarayi Vijayan Park Malabar WLS Station Governor: P. Sathashivam Periyar National Park Mangalavanam Bird Capital: Trivandampuram Silent Valley National Park WLS Anamudi Shola National Neyyar WLS Park Periyar WLS Pampadum Shola NP 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 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 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 46 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 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 CM: Edapaddi Palaniswami (Annamalai) WLS Power Plant Governor: Banwaril Lal Kalakad WLS Neyveli Thermal Purohit Indira Gandhi (Annamalai) Karaivetti WLS Tuticorin Thermal Capital: Chennai National Park Karikili WLS Power Station Mudumalai WLS 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 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: Mamata Banerjee 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 3. Jomde Kena Arunachal Pradesh Health & Family Welfare Minister Singer/Musician (National-International) 4. Johnny Hallyday France's biggest rock star 5. Jagdish Mohan Renowned Hindustani vocalist of Kirana Gharana 6. Girija Devi Eminent classical singer & Padma Vibhushan awardee. Also known as "Queen of Thumri" & fondly called Appa Ji. Actor/Director/Producer (National-International) 47 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 7. Shashi Kapoor Veteran actor 8. I V Sasi Veteran Malayalam director 9. Roy Dotrice Veteran British actor, died in London. 10. Kundan Shah Veteran director 11. Frank Vincent Acotr who played tough guys & mobsters in "The Sopranos" 12. Shakila Yesteryear Bollywood actor 13. Tom Alter Veteran film, television & theatre actor & Padma Shri Author/Journalist/Activist/Painter (National-International) 14. Manu Sharma Noted author & Padma Shri awardee 15. Kunwar Narayan Eminent Hindi poet & Jnanpith awardee 16. Punathil Kunjabdulla Renowned Malayalam writer 17. Satish Chandra Veteran & one of India’s eminent historian 18. John Ashbery Pulitzer-prize winning poet Sportsmen/Sportswomen (National-International) 19. Shamsher Khan India's first Olympic swimmer 20. Jake LaMotta Former boxing champion A G Milkha Singh Former Test cricketer Daniel Hegarty British Motorcycle Racer Naim Suleymanoglu Turkish weightlifter Others (National-International) 21. Violet Mosse-Brown () The world's oldest person has died at the age of 117. 22. Arjan Singh The sole Marshal of the Indian Air Force 23. Dr. KS Chugh “Father of nephrology in India” 24. Liliane Bettencourt Heir to French L’Oreal hairspray empire & world’s wealthiest woman 25. Eman Ahmed World’s heaviest woman 26. Hugh Hefner Playboy magazine 27. Dina Wadia Only child of Pakistan’s Muhammad Ali Jinnah

LIST/INDEXES ANNOUNCED RECENTLY Name of the Index/List Rank of India Topped By? 1. Fortune’s ‘Businessperson of the Year’ Aditya Puri, MD of HDFC Bank Topped by Nvidia’s Mr. 2017 ranked at 18th Jensen Huang 2. Foreign Policy magazine's 2017 list of '50 Indian-American senator Leading Global Thinkers' Kamala Harris 3. Time magazine readers’ Person of the Year Saudi Arabia Crown Prince Mohammed bin Salman 4. IMD World Talent Ranking India Ranked 51 Switzerland topped the list 5. Global University Employability Ranking Indian Institute of Science (IISc) IIT Delhi ranked 145th & IIT 2017 by Times Higher Education ranked 29th in 150 Universities Bombay ranked 148th. 6. Forbes Highest-paid woman in Music in American singer Beyonce topped the List. 2017 Adele came second & Taylor Swift ranked third. 7. Grant Thornton's International Business India ranked 7th in the Sept. Indonesia is at the top Report 'Business Optimism' Index Quarter 8. 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. 9. As per the report by Central Pollution Holy city Varanasi is most It is followed by Gurugram & Control Board (CPCB) among the 42 cities polluted Delhi. 10. World Bank’s ‘Doing Business 2018 — India ranked at 100 New Zealand topped the list. Reforming to Create Jobs’ (Ease of Doing Business rankings) 11. As per the Global Climate Risk Index (CRI) 2018 by Germanwatch, India is the 6th most vulnerable country in the world in terms of facing extreme weather events. The list is topped by followed by Zimbabwe & Fiji. 48 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 12. India’s Ambani family topped the Forbes list of Asia’s Richest Families for 1st time with net worth $44.8 billion. 13. 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. 14. 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. 15. Forbes list of top-earning dead celebrities Michael Jackson topped Golf legend Arnold Palmer at 2nd & (for the 5th straight year) Peanuts creator Charles Schulz at 3rd. 16. Gender Vulnerability Index (GVI) by Goa is safest for girls. Bihar least-safest for girls. NGO Plan India 17. World Economic Forum’s Global Gender India ranked at 108 Topped by Iceland Gap index 18. 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 Priyanka Chopra at 97. 19. 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. 20. 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. 21. Jaipur & Srinagar Airport got First & Second rank in category of 2-5 million passengers in ACI-ASQ Survey. 22. The 2017 State of World Population report launched in London, entitled as “Worlds Apart: Reproductive Health & Rights in an Age of Inequality.” As of 2017, half of 1.6 billion women of reproductive age living in developing regions want to avoid a pregnancy. Globally, women earn 77% of what men get. 23. Madhya Pradesh emerged as the top state in terms of digital initiatives undertaken followed by Maharashtra & Andhra Pradeshas per the report by Coeus Age Consulting. 24. Forbes List of 10 most valuable athletes in Virat Kohli ranked 7th spot The list is topped by Roger 2017 Federer. 25. Passport Index by Arton Capital India secured the 75th rank Singapore's passport on Top. Afghanistan on bottom (94th) 26. 2017 Global Hunger Index (GHI) by India Ranked 100 Central African Republic International Food Policy Research ranked 119 on the list. Institute (IFPRI) “Extremely Alarming” 27. Govt. at a Glance 2017 published by Indian govt. under PM Modi Topped by Switzerland OECD ranked as 3rd most trusted govt. 28. 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. 29. 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. 30. Travel guide company Lonely Planet ranked Chile as the number one country to visit in 2018 in its Best in Travel 2018 list. The top 5 Countries in the list are: Chile, South Korea, Portugal, Djibouti & New Zealand. 31. As per Forbes magazine, Jeff Bezos surpassed Bill Gates as the richest person in the world. 32. 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. 33. With 13.7% contribution to global pharmaceuticals & biotechnology workforce, India emerged as the second largest market for the industry, as per LinkedIn. 34. The Economist Intelligence Unit's Safe Delhi & Mumbai ranked 43rd & Japanese capital city Tokyo Cities Index 2017 45th topped 35. Climate Change Performance Index 2018 India ranked 14th Sweden topped the List. 36. 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.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 37. As per "Authentic Brands Study" by Cohn & Wolfe, Indian consumers regard Google as the most authentic brand. Amazon.com tops the list globally. 38. 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. 39. 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. 40. 2 Indian women featured on Fortune's list of Most Powerful Women in business outside the US. MD & CEO of ICICI Bank Chanda Kochhar ranked fifth & MD & CEO of Axis Bank Shikha Sharma ranked at 21. Group Executive Chairman of Spain's Banco Santander Ana Botín topped. 41. J&K & Arunachal Pradesh were fastest expanding State economies in 2015-16, as per the new series of gross State domestic product data with 2011-12 as the base year published by CSO. Arunachal Pradesh’s gross SDP expanded 16.5% & Jammu & Kashmir 14.7% at constant 2011-12 prices. 42. India's Council of Scientific & Industrial Research (CSIR) ranked 9th in the world, as per Scimago Institutions ranking World Report 2017. The report was topped by Chinese Academy of Sciences. 43. London retained its crown as the world’s top financial center. 44. World Economic Forum's Global Human Capital Index India Ranked at 103 Topped by Norway 45. World Economic Forum Global India ranked at 40 Switzerland topped the List. Competitiveness Ranking 2017 46. India has replaced China as the top retail destination in 2017 as part of the global retail development index. 47. As per the World Nuclear Industry Status Report 2017, India is third in the world in the number of nuclear reactors being installed while China leads the report. 48. India ranked at 14th in terms of best country for expats to live & work in, as per HSBC survey. The list topped by Singapore. 49. 3 Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal & Vinod Khosla included in Forbes’s special list of the world’s ‘100 Greatest Living Business Minds.

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 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) 50 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 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) 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 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 “Stepping into the Future: Tapping the Talents, Persons 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’. 1st to 7th National Nutrition Week "Optimal Infant & Young Child Feeding September Practices: Better Child Health" 8th September 51st International Literacy Day Literacy in a digital world 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 14th September Hindi Diwas 15 September The International Day of Democracy ‘Democracy & Conflict prevention’ 16 September International Day for the Preservation of 'Caring for all life under the sun' the Ozone Layer 27th September World Tourism Day 'Sustainable Tourism – a Tool for Development' 28 September International Day for Universal Access to “Overcoming Divides & Achieving the SDGs in Information (IDUAI) Africa” 28th September World Rabies Day 'Rabies: Zero by 30' 28 September World Maritime Day ‘Connecting Ships, Ports & People’

BOOKS & AUTHORS 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” Shyam Saran 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 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 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 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 in Chandipur in Odisha. It is Named SAAW (Smart Indian Defence Forces Anti Airfield Weapon). Conference of all Commanders of Eastern Air Indian Army launched an independent & fully- Command held at Shillong in Meghalaya. integrated Joint Training Node (JTN) at Umroi Shubhangi Swaroop has been inducted as a pilot in the cantonment in Shillong, Meghalaya. It will pave a way Indian Navy for the first time. She is from Uttar Pradesh for projecting the states of Meghalaya & Assam on the & will soon be flying Maritime Reconnaissance aircraft. world map of foreign armies. Three other women cadets, Astha Segal from New India conducted a flight test of its indigenously designed Delhi, Roopa A from Puducherry & Sakthi Maya S from & developed long-range sub-sonic cruise missile Kerala, created history by becoming the country’s first ‘Nirbhay’. It can carry warheads of up to 300 kg from a women officers at the Naval Armament Inspectorate. test range at Chandipur along the Odisha coast. Defence Minister Sitharaman elected as President of Defence Minister Nirmala Sitharaman commissioned an the Institute for Defence Studies & Analysis (IDSA). indigenously-built anti-submarine warfare stealth Indian Air Force launched an innovative health mobile corvette INS Kiltan into the Indian Navy at the Naval App named `MedWatch' on the occasion of its 85th Dockyard in Visakhapatnam. anniversary. It was launched by Air Chief Marshal BS India's indigenously developed third generation anti- Dhanoa during the Air Force Commanders' Conference tank guided missile (ATGM) Nag successfully flight in New Delhi. tested by DRDO in deserts of Rajasthan, marking the Defence Minister Nirmala Sitharaman flagged off the completion of development trials. Navika Sagar Parikrama by an all-women crew of Indian Final development trials of indigenous beyond visual Navy aboard Indian Naval Sailing Vessel (INSV) Tarini range air-to-air missile Astra successfully concluded from INS Mandovi jetty in Goa. Navika Sagar Parikrama into the Indian Air Force. is the first attempt by an Indian all-women crew to An indigenous artillery gun, Advanced Towed Artillery circumnavigate the globe. Gun System (ATAGS), being developed by DRDO has Indian Navy will use the advanced catapult-based set a new world record in range by hitting targets at a aircraft launch mechanism (CATOBAR) of U.S. for its distance of 48 km. ATAGS is a 155mm, 52 calibers towed second Indigenous Aircraft Carrier (IAC-II). artillery gun. The first of the Scorpene class submarines, INS Kalvari, INS | Missile| Device Inducted/ Decommissioned was delivered to the Indian Navy by Mazagon Dock Surface to Air Missile AKASH with indigenous radio Shipbuilders Limited (MDL). frequency seeker against target Banshee has been INS Tarasa, a Water Jet Fast Attack Craft intended for successfully launched from the Launch Complex-III at extended coastal & offshore surveillance & patrolling, ITR Chandipur, Odisha. was commissioned into the Indian Navy. The vessel has Brahmos, the world’s fastest supersonic cruise missile been built in Kolkata. created history as it was successfully flight-tested first time from the Indian Air Force’s (IAF) frontline fighter International Defence Forces aircraft Sukhoi-30MKI. South Korea & USA launched their largest-ever joint Indian Air Force, along with DRDO successfully tested aerial drills called Vigilant Ace. an indigenously developed lightweight ‘Glide’ bomb

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 UAE Armed Forces along with the UK, US & French Meghalaya & Mizoram. This is the 7th edition of the armies are participating in joint exercises in Abu Dhabi. joint training exercise. The drill code is named as “Flag4”. Indian Navy Ship Sukanya under the command of Russia launched world's largest nuclear-powered Commander SA Deodhar arrived at Belawan Indonesia icebreaker ship in a bid to expand its strategic presence to participate in the 30th CORPAT (Coordinated Patrol) in the resource-rich, terrain of the Arctic. The massive & 3rd Bilateral exercise between the Indian Navy & the vessel, named Sibir (Siberia). Indonesian Navy. US Army & the Israel Defense Forces (IDF) inaugurated Navies of India & Japan began anti-submarine warfare a permanent base In Israel. This is the first time that a exercise in the Indian Ocean region to deepen their permanent American base has been opened in the operational coordination in the strategically important Middle Eastern country. sea lanes around the two countries. The fifth India-Sri Lanka Joint Training Exercise (JTE) MITRA SHAKTI 2017 held conducted at Aundh Military Station, Pune. The first-ever Tri Services Joint Exercise between Indian & Russian Armed Forces, INDRA-2017 held near Vladivostok in Russia. Two indigenously built Indian Naval ships INS Satpura & INS Kadmatt reached Vladivostok Port & were given a traditional ceremonial welcome. Indian contingent for the Exercise is led by the Task Force Commander Major General ND Prasad. 12th India-Nepal joint military exercise- Surya Kiran XII heldin Saljhandi, Nepal. Defence Exercises/Operations Conducted A joint military training, Exercise Yudh Abhyas-2017 Defence of Andaman & Nicobar Islands Exercise conducted at Washington, USA between India & USA. (DANX) was conducted under the aegis of Andaman & Indian Navy & Sri Lankan Navy conducted the 2017 Sri Nicobar Command. Lanka-India Exercise (SLINEX) at Visakhapatnam, International Multilateral Maritime Search & Rescue Andhra Pradesh. Exercise 2017 (IMMSAREX 2017) held in Cox Bazar, The air forces of China & Pakistan conducted joint Bangladesh. Admiral Sunil Lanba, Chief of the Naval training exercise named "Shaheen VI" & deployed their Staff of Indian Navy, is attending the exercise. latest fighter jets & AWACS aircraft. Joint Indo-Russia Tri-Services Exercise INDRA-2017 US & UAE's ground forces conducted a joint military successfully conducted at Vladivostok in Russia. The exercise in Abu Dhabi, as part of efforts to consolidate theme was ‘Preparation & Conduct of Operations by a their bilateral relations & exchange training & military Joint Force for Suppression of International Terror expertise. Code-named Iron Union 5, the drill is an Activity at the request of a host country under UN extension of a series of Iron Claw exercises. mandate’. The joint exercise DRUZBA 2017 between special forces 45-member contingent of Indian Air Force left for Israel of Pakistan & Russia Armies conducted in Minralney to participate in exercise ‘Blue Flag-17’. Blue Flag is a bi- Vody, Russia. annual multilateral exercise which aims to strengthen military cooperation amongst participating nations. Defence Agreements Signed/Defence Summits Held 14-day joint training exercise “PRABAL DOSTYK – Ministry of Defence (MoD) decided to cancel the $500 2017” between the Indian Army & the Kazakhstan million deal for Spike ATGM with Israel. MoD has Army held at Bakloh, Himachal Pradesh. The training asked DRDO to indigenously develop & produce a Man- contingents comprise of platoon strength from the 11th Portable Anti-Tank Guided Missile (MPATGM) for the Gorkha Rifles of the Indian Army & a similar strength of Army. the Kazakhstan Army. Indian Navy Ship Sukanya under the command of The joint coastal security exercise between Odisha & Commander SA Deodhar arrived at Belawan Indonesia West Bengal named as ‘Sagar Kavach’ to be held along to participate in the 30th CORPAT (Coordinated Patrol) the 630-km long coastline. & 3rd Bilateral exercise between the Indian Navy & the “Vigilant Ace”, the joint drill between the air forces of Indonesian Navy. South Korea & USA will be conducted in December 2017. Navies of India & Japan began anti-submarine warfare Army personnel of India & Bangladesh are going to exercise in the Indian Ocean region to deepen their take part in a joint training exercise 'Sampriti-7' in operational coordination in the strategically important sea lanes around the two countries. 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 The fifth India-Sri Lanka Joint Training Exercise (JTE) Defence minister Nirmala Sitharaman & French Minister MITRA SHAKTI 2017 held conducted at Aundh for the Armed Forces, Ms. Florence Parly discussed a Military Station, Pune. The exercise is based on Counter range of measures to expand military to military ties. The Terrorist Operations & an Infantry company from both joint Naval exercise named the VARUNA is scheduled the countries is participating in the same. in early 2018 between the two countries. The first-ever Tri Services Joint Exercise between Turkey signed a deal with Russia to buy S-400 missile Indian & Russian Armed Forces, INDRA-2017 held defence systems in its first major weapons purchase near Vladivostok in Russia. Two indigenously built from Moscow, according to the President of Turkey Indian Naval ships INS Satpura & INS Kadmatt reached Recep Tayyip Erdogan. Vladivostok Port & were given a traditional ceremonial Saudi Arabia & Britain signed a framework deal for welcome. military cooperation. The agreement came after Saudi India & France agreed to strengthen bilateral defence Crown Prince Mohammed bin Salman discussed security cooperation as a key Pillar of strategic partnership ties with visiting British Defence Secretary Michael between the two countries. Fallon in the Red Sea port city of Jeddah.

SPORTS CURRENT AFFAIRS Indian pacer Ashish Nehra has confirmed his Cricket {National Game of: Australia, Bermuda, England, retirement from International Cricket. Jamaica No. of Players: 11 International Cricket Council Board given an in- Important Terms associated: Arm ball, Beamer, Bottom principle nod to the proposed nine-team Test hand, Bouncer, Cameo, Carrom ball, Chinaman, Flick, Free Championship & a 13-team One-Day International hit, Glance, Googly, Hat-trick, Hit wicket, Leg bye, Nelson, league at the end of the meeting in . The Test Night watchman, Pinch hitter, Sweep, Upper Cut.} competition will begin after the 2019 World Cup & the Virat Kohli surpasses Brian Lara for Most Double 50-over event sometime in 2020. Centuries as Captain by scoring his 6th Double Century Premier all-rounder Shakib Al Hasan became the first in Delhi. cricketer from Bangladesh to be inducted in the MCC Mumbai's 18-year-old batsman Prithvi Shaw named World Cricket Committee under the chairmanship of the captain of the Indian Under-19 team for the 2018 U- Mike Gatting. 19 World Cup to be held in New Zealand. Australian fast bowler John Hastings has called it Indian cricketer Yuvraj Singh will be promoting a quits from Test Match & ODIs, citing recurring injuries UNICEF sports initiative for youngsters in South Asia. as the reason. He launched the "Power of Sports to Shape the Future Star India edged out Sony Pictures to secure the Indian of Adolescents" campaign in South Asia. Premier League's media rights with a bid of Rs 16,347.50 Mujeeb Zadran From Afghanistan Becomes First crores for a five-year period from 2018-2022. Cricketer to Born in 21st Century. 16-year-old off- Former India captain Mahendra Singh Dhoni became spinner, became the youngest ever from Afghanistan to the first wicketkeeper in world cricket to effect 100 play International cricket. stumpings in ODIs. Dhoni achieved the feat in his 301st Pakistan off-spinner Saeed Ajmal announced his ODI in Colombo, Sri Lanka. retirement from all forms of cricket. A penalty of Rs. 52.24 crore was imposed by the Afghanistan defeated Pakistan to clinch their maiden Competition Commission (CCI) on Board of Control Under-19 Asia Cup title, in Kuala Lumpur, Malaysia. for Cricket in India (BCCI). It is imposed for anti- Ikram Ali khil was the man of the match. competitive practices in IPL. Cricket Association of Puducherry (CAP) chosen by Former Indian cricketer Sachin Tendulkar launched - the Committee of Administrators (CoA) as an associate Mission 24 for Mumbai's M east ward which is known member of BCCI. to have one of highest slum population's in the city. Virat Kohli became the sixth Indian to complete 9000 International Cricket Council (ICC) has launched an ODI runs. anti-corruption investigation in Sri Lanka. MS Dhoni inaugurated his 1st global cricket academy in UAE. Football {National Game of: Brazil, Italy, Germany, Israel, India captain Mithali Raj moved up one place to Mauritius, Poland No. of Players: 11 occupy the number one spot in the latest ICC ODI Important Terms Associated: Back Pass, Corner Kick, Free rankings for batswomen. Kick, Dribble, Futsal, Header, Kick off, Banana Kick, Toe Indian fast bowler Jasprit Bumrah climbed to the Poke, Throw-in, Bicycle Kick} number one spot in the latest ICC T20 rankings. India captain Virat Kohli claim the top ranking in ODIs. 55 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 The final draw for the 2018 FIFA World Cup was held FIFA Women's World Cup. The slogan of the in the Russian capital of Moscow. The ceremony was tournament is "Dare To Shine". held at the State Kremlin Palace, in Moscow, Russia. Lionel Messi wins fourth European Golden Shoe Hockey {National Game of: India, Pakistan Award. No. of Players: 11 Supreme Court appointed former football captain Important Terms Associated: Advancing, Bully, Center Bhaskar Ganguly as ombudsman as per All India Pass, Dribble, Drive, Flagrant Foul, Flick, Free Hit, Striker, Football Federation (AIFF). It also appointed S Y Tackle, Undercutting, Dodge, Drag Flick, Grip, Hacking, Quraishi as the ombudsmen to formulate the AIFF Penalty Corner, Wall Pass} Constitution. India defeated China 5-4 via shootout to win the In Football, Italy has failed to qualify for the FIFA women’s Asia Cup hockey title 2017. With this, India World Cup for the first time since 1958. The four-time also qualified for World Cup 2018 as Continental champions failed to make the cut after they lost the champion. Savita Punia was adjudged Goalkeeper-of- World Cup Qualifying European play-off against the-Tournament while Monica won the Woman-of-the- Sweden, 0-1. Match award. The Championship was held in Cristiano Ronaldo is the richest sports personality in Kakamigahara, Japan. the world, according to the latest Forbes' Rich List. Logo & mascot of Hockey World Cup 2018 have been Real Madrid star Cristiano Ronaldo beaten Lionel unveiled at Kalinga Stadium in Bhubaneswar by Odisha Messi & Neymar to win the Best FIFA Men's Player CM Naveen Patnaik. Odisha had successfully hosted award for the second year running. Ronaldo was the Asian Athletics Championships recently. presented the award at The Best FIFA Football Awards India beats Malaysia to win the 2017 Asia Cup Hockey ceremony in London, UK. Netherlands' Lieke Martens tournament held in Dhaka, Bangladesh. This was won The Best FIFA Women's Player award. Real India's third continental title. Lalit Upadhyay won goal Madrid coach Zinedine Zidane was named the Best of the match award while Akashdeep Singh adjudged FIFA Men's Coach. the Man of the match. England scripted a dramatic turnaround in Kolkata to Indian Junior Men’s Hockey team beat hosts Malaysia win the 2017 FIFA U17 World Cup for the very first in the Bronze medal match of the 7th Sultan of Johor time after a 5-2 win over European U17 champions Cup 2017 at the Taman Daya Hockey Stadium, in Spain. Malaysia. Netherlands captain Arjen Robben announced the end Hockey India sacked national coach Roelant Oltmans of his international career after his country failed to after a string of unimpressive outings at the reach the 2018 World Cup finals despite a 2-0 win over international level. High Performance Director David Sweden. John will be in charge till a suitable replacement is Indian football team has qualified for the 2019 Asian found. Cup after they had a convincing 4-1 win over Women's national hockey coach Sjoerd Marijne was with two matches still to go in the qualifying round. named chief coach of the men's side. He has replaced This is the third time the country has qualified for the Roelant Oltmans. continental showpiece. Switzerland's Esther Staubli become the first female Current Affairs related to Tennis referee to officiate a match at the FIFA U-17 World ATP World Tour Awards presented by Moet & Cup. She was the referee in the match between Japan & Chandon honours the season's best players & New Caledonia in the final round group E match. tournaments. Roger Federer’s 2017 season recognized Jackson Singh Thounaojam created history at Delhi’s with three ATP World Tour Awards. He has been Jawaharlal Nehru Stadium by scoring India’s first goal selected by fans as ATPWorldTour.com Fans’ Favourite in a FIFA U-17 World Cup during India’s match against for a 15th straight year, & winner of the Stefan Edberg . Sportsmanship Award & Comeback Player of the Maidan heavyweights Mohun Bagan won the 37th All Year. chosen as the winner of Coach India Governor's Gold Cup football tournament for the of the Year in the 2017 ATP World Tour Awards. Bob 10th time by defeating Partha Chakra. Bryan & have been voted by fans as the The official emblem & slogan for FIFA Women's World ATPWorldTour.com Fans’ Favourite. Cup France 2019 unveiled in Paris, France. The emblem Indian tennis duo of & lifted features the competition trophy wrapped in blue & the Knoxville Challenger title after clinching a fighting white, with eight shards of light around football at the win in the finals of the men's doubles event in top of the trophy symbolizing the eighth edition of the Tennessee.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 India's tennis star clinched his first title India's Kidambi Srikanth created history as he became of the 2017 season on the ATP Challenger Tour by the first Indian player to win four Superseries titles in winning the KPIT-MSLTA Challenger in Pune. a year after he won the men's singles title at the French Martina Hingis, one of only six women's players to hold Open. the No. 1 ranking in both singles & doubles at the same Basel will be jointly hosting the Badminton & Para time, will retire after the WTA Finals. Badminton World Championships in 2019. It will Swiss superstar Roger Federer won his eighth Basel become the first city to host this. title, after defeating Juan Martin del Potro to clinch his Yonex French Open 2017 Badminton tournament was ATP World Tour-leading seventh title of the year. held in Paris. Indian shuttler Kidambi Srikanth Maria Sharapova defeated 102nd-ranked teenager became the first Indian to win the men’s singles title. Aryna Sabalenka to win the 2017 Tianjin Open. He defeated Kento Nishimoto of Japan. Tai Tzu Ying of Roger Federer has brushed aside world number one Chinese Taipei has won women’s singles title at Yonex 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 the defeating (Aus) at China Open 2017. 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 The coastal city of Kochi hosted the BWF World Senior Singles. Badminton Championships. The championship held in France defeated to win its 10th India for the first time. (Lawn-Tennis). PV Sindhu becomes the first Indian to win the Korea Open Superseries with an outstanding win over Current Affairs related to Grand Prixes Nozomi Okuhara in women's singles final in Seoul. Valtteri Bottas won the season-ending Abu Dhabi Grand Prix. Boxing/ Wrestling Ferrari's Sebastian Vettel won the Brazilian Grand Ritu Phogat clinched silver medal in Under-23 Senior Prix. World Wrestling Championship at Poland. She lost Mercedes’ Lewis Hamilton won the Formula 1 against Turkish Wrestler Demirhan. Singapore Grand Prix, in Singapore. India won 5 gold medals at the AIBA World Women’s Badminton Youth Boxing Championships, in Guwahati. Nitu India has won the first-ever South Asian Regional (48kg), Jyoti Gulia (51kg), Sakshi choudhury (54kg), Badminton Team Championship. In the title clash Shashi Chopra (57kg) & Ankushita Boro (64kg) won played in Guwahati, India defeated Nepal, 3-0. gold medals for India in the finals. Jyoti Gulia also Indian contingent to BWF Para-Badminton World qualified for next year’s Youth Olympic Games in Championships in Ulsan, South Korea clinched 10 Argentina. Ankushita named boxer of tournament. medals, including two golds. India’s Parul Parmar Boxing Federation of India (BFI) was recognised as a defeated Thailand’s Wannaphatdee Kamtam in the national body by the Indian Olympic Association, women’s singles Standing Lower (SL3). Other gold was which removed the terminated Indian Amateur Boxing also won by Parul Parmar, who paired with Japan’s Federation (IABF) as its affiliate after months of Akiko Sugino in women’s doubles. indecision. World number 11 Saina Nehwal became the national Sushil Kumar & Geeta Phogat won gold medals at the champion for the third time, defeating world number 2 62nd National Wrestling championship held in Indore. PV Sindhu in the women's singles final of Senior Bharat Khandare became the first India-born fighter National Badminton Championships, in Nagpur, to be signed by Ultimate Fighting Championship Maharashtra. (UFC) as the Mixed martial arts (MMA) fighter. H.S Prannoy defeated World No 2 Kidambi Srikanth Five-time world champion & Olympic bronze medalist in a thrilling finale to claim the men’s singles title at the MC Mary Kom named as the ambassador of the 82nd Senior National Championship, in Nagpur, upcoming AIBA Women's Youth World Maharashtra. Championships. Ace Indian shuttler Kidambi Srikanth has lifted the M.C. Mary Kom (48kg) notched up her fifth gold medal Denmark Open Superseries trophy at Odense, at the Asian Women’s Boxing Championships in Denmark. He defeated South Korea’s Lee Hyun-il to Vietnam. She has defeated North Korea’s Kim Hyang bag his third Super Series title of the year & fifth overall. Mi. This is Mary Kom’s sixth medal in the Asian Women’s Boxing Championships & fifth gold medal. 57 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 Assam's famed one-horned rhino unveiled as the Other Sports Current Affairs official mascot of the 2017 AIBA Youth Women's Indian archers produced an impressive performance, World Boxing Championship in Guwahati, Assam. grabbed three gold, four silver & two bronze medals The official mascot, named Guppy, is a female version at the Asian Championships in Dhaka, Bangladesh. of Assam's one-horned rhino. The World India's Winter Olympian Shiva Keshavan won gold Championship's official anthem is 'Make Some Noise'. medal at Asian Luge Championships at Altenberg, It is composed by Shaan & rendered by renowned Germany. singer Sunidhi Chauhan. India’s Deepika Kumari won bronze medal at the Kavita Devi, a former competitive powerlifter, become Indoor Archery World Cup Stage 2 held in Bangkok, the first ever Indian woman to be signed by the World Thailand. Wrestling Entertainment (WWE). Russia was banned from the 2018 Winter Games by India’s Konsam Ormila Devi bagged a gold medal in the International Olympic Committee over its state- 44kg weight category in the Commonwealth Youth orchestrated doping programme. (boys & girls) weightlifting championships, held at Gopi Thonakal created history by becoming first Gold Coast, Australia. Indian man to win Asian Marathon Championship in India will host the 2019 edition of the Commonwealth China. (Youth, Junior & Senior) Weightlifting Championships. Indian men’s & women’s kabaddi teams were The 2017 edition of the tournament is being held at the crowned the champions of Asia after beating Pakistan Gold Coast, Australia. & South Korea in Gorgan, Iran. Cadet World Wrestling Championship held in Athens. 7th International military games will be held in Female Wrestler Neelam bagged Bronze Medal in 43- Wuhan city in the central China's Hubei Province. kilogram weight category. India Wrestler Sonam Malik Mascot is Bing Bing. won a gold medal by defeating Japanese Wrestler Sena Five more Russian competitors from the 2014 Sochi Nagamoto Cadet World Wrestling Championship in Winter Olympics, including two gold medallists, Athens. banned for life over anti-doping rule violations by Indian women's boxing's first foreign coach, Stephane International Olympic Committee (IOC). Dmitrii Cottalorda, has resigned after just one month of Trunenkov & Aleksei Negodailo, both in the gold- appointment, alleging delay in salary & other payments. medal winning four-man bobsleigh team, plus biathlon India will host the South Asian Boxing Championship relay silver medalists Yana Romanova & Olga for the first time in Guwahati. RK Sacheti has been Vilukhina, who also won silver in the 7.5 kilometers unanimously elected as the new Executive Director of event. Sergei Chudinov, who came fifth in the men's Boxing Federation of India (BFI). individual skeleton, was also disqualified for doping Five-time world champion & Olympic bronze-medallist breaches. M C Mary Kom has become the first Indian to be picked Mirabai Chanu became the first Indian in over two as the International Boxing Association’s (AIBA) decades to claim a gold medal at the World representative for the International Olympic Committee Weightlifting Championship in Anaheim, USA. (IOC) Athletes’ Forum. Ace Indian cueist Pankaj Advani lifts the IBSF World Billiards Championship by defeating Mike Russell. Pankaj Advani clinched his 17th world title at Doha, Qatar. Aditi Ashok qualified for the season-ending CME Group Tour Championship on the LPGA, becoming the first from the country to play in the prestigious meet. France will host the 2023 Rugby World Cup to stage one of the world’s best attended & lucrative sporting events. Shagun Chowdhary bagged a National Champion Crown when she won the women's trap event at the 61st National Shooting Championship. Chowdhary is the first Indian woman trap shooter to win an Olympic berth. Ethiopians Birhanu Legese & Almaz Ayana won the Delhi Half Marathon, 2017. In the Men's section, Legese clocked 59 minutes 46 seconds to claim the first spot. In the Women's section, Almaz Ayana finishing at the top of the podium. 58 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 Olympic bronze-medallist Gagan Narang won a silver National Motorcycle Racing Championship in Chennai, medal in the men’s 50m rifle prone event at the Tamil Nadu. Commonwealth Shooting Championships in The Queen's Baton for the 2018 Commonwealth Australia. Annu Raj Singh won bronze medal in Games arrived in New Delhi, India. The 2018 women’s 50m pistol competition. Commonwealth Games will be held in Australia. The 19-Year old Indian golfer Aditi Ashok made her return 0Baton was received by Indian Olympic Association to the Ladies European Tour by clinching the Fatima (IOA) joint secretary Rakesh Gupta. Bint Mubarak Ladies Open in Abu Dhabi. It is Aditi's In a bid to create awareness about para-sports & provide third LET win in less than 12 months. a platform to para sportspersons to narrate their stories Shiv Kapur clinched his first Asian Tour title in India, of triumph & adversity, "thenationspride.com", the bagging the Panasonic Open at the Delhi Golf Club. country's first portal dedicated to para-sports was Indian shooting contingent finished the launched. It is a non-profit initiative, helmed by 17- Commonwealth Shooting Championship 2017 at top year-old Mumbai student & sports enthusiast, Saachi with the best tally of 20 medals. Indian shooters won a Munot. total of six gold, seven silver & seven bronze medals in India’s Anupama Ramachandran clinched the World the competition. Satyendra Singh & Sanjeev Rajput won Open Under-16 Snooker Championship title at St. a gold & a silver respectively in the men's 50m rifle three Petersburg in Russia. In the girl's category, Anupama positions. Ramachandran of India become World Open Under-16 Chandigarh hoopster Amjyot Singh became the third champion. Indian - after Satnam Singh & Palpreet Singh Brar to Pooja Kadian became the first ever Indian sportsperson walk into the National Basketball Association (NBA) to win a gold medal at the Wushu World league. Championship in Kazan, Russia. Kadian, who National Basketball Association (NBA) announced that competed in the women's 75kg Sanda category, former India men’s national team head coach Scott defeated Russia's Evgeniya Stepanova. Fleming has joined NBA India as Head of Basketball Brazilian police arrested the chairman of the country’s Operations. Olympic Committee Carlos Arthur Nuzman as part of Gokul Natesan is the 97th pick in the NBA draft to a probe into alleged vote-buying to secure Rio’s hosting became only the second Indian-origin player to be of the 2016 Games. signed by an NBA G-League side. Natesan, 23, was International Olympic Committee (IOC) announced picked by Canton Charge. that Paris has been awarded the 2024 summer Olympics Gaganjeet Bhullar had completed a wire-to-wire victory & Los Angeles has been given the 2028 edition. & lifted his eighth Asian Tour title at the Macau Open. Indian Olympic Association (IOA) awarded Goa the Jitu Rai & Heena Sidhu combined to give India their rights to host the 36th National Games. first gold medal of ISSF World Cup Final in New Delhi Mark Beaumont has broken the world record for cycling in the 10m air pistol mixed team. around the world - by 44 days. The 34-year-old, from India's Amanpreet Singh clinched a bronze medal in Perthshire, arrived in Paris one day ahead of schedule an ISSF World Cup Final, in New Delhi. having cycled the 18,000-mile route in 79 days. Sangram Dahiya won a silver in the ISSF World Cup Captain of Indian basketball team Amritpal Singh Final, in New Delhi in the Double trap. created history by becoming the first Indian player to be Ace Indian shooter Heena Sindhu bagged gold in signed by an Australian Basketball team. women's 10m Air Pistol event at Commonwealth India has won 2nd South Asian Basketball, SABA, Shooting Championships in , Australia. Under - 16 Championship. India defeated Bhutan in its Pardeep Narwal helped Patna Pirates to third last league match at Kathmandu in Nepal. consecutive Pro Kabaddi title. India’s Ankur Mittal won his maiden ISSF World Cup 1996 & Athens 2004 gold medal-winning sailor medal by clinching silver in the double trap event of the Robert Scheidt (44 years old) announced his retirement edition being held in Moscow. from Olympic competition, ending a career that India has finished fifth in the medals tally with one gold spanned a quarter of a century. & two silver medals at the Moscow Shotgun World India's young paddler Selena Selvakumar completed Championships. a golden sweep in the Egypt Junior & Cadet Table India won its first athletics gold, through Purnima Tennis Open, adding the junior girls' singles & doubles Hembram in women’s pentathlon, in the 5th Asian titles at Sharm El Sheikh in Egypt. Indoor & Martial Arts Games at Ashgabat, TVS Racing’s mascot Jagan Kumar notched his sixth Turkmenistan. India also got two silvers, through straight title in premier Super Sport Indian class to Sanjivani Jadhav in women’s 3000m & Tejinder Singh bring down the curtain on MRF MMSC FMSCI Indian 59 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 Toor in men’s shot put, & a bronze through Kerala’s V. was launched in Chennai, Tamil Nadu at Ennore Neena in women’s long jump. Kamarajar Port, in Chennai. India won 2 gold medals in the athletics events of the 5th Joint Polar Satellite System-1 (JPSS-1) for the National Asian Indoor & Martial Arts Games. Tamil Nadu’s Oceanic & Atmospheric Administration (NOAA) was Lakshmanan won the men’s 3000m while Kerala’s launched by NASA. It is launched for improving the Chitra, took the women’s 1500m title. accuracy of weather forecasts & Earth observations Reigning Asian champion Govindan Lakshmanan of from California, US. Services cruised to victory in the men’s 5000-metre race As per ISRO Satellite Centre Director M. Annadurai, on the opening day of the 57th National Open Athletics India will launch ‘Aditya-L1’, the first Indian mission to Championships at the Nehru Stadium in Chennai. study the Sun, by 2019 – 2020. Space Kingdom of Asgardia launched its first satellite. INTERNATIONAL ORGANIZATION IN This so-called ‘virtual nation’ is the pet project of NEWS Russian scientist & billionaire Igor Ashurbeyli. The International Solar Alliance (ISA) has now become a Asgardia-1 satellite contains half a terabyte of data. treaty-based international intergovt.al organization. Indian Space Research Organization (ISRO) will set up ISA is India's global initiative & was jointly launched by a research centre in Guwahati, Assam for startups, PM Modi & president of France in November 2015 in academicians, environmentalists & entrepreneurs. Paris. Russian & US space agencies, Roscosmos & NASA, UNESCO inscribed 'Kumbh Mela' on the agreed to jointly build a "deep space gateway", the first- Representative List of Intangible Cultural Heritage of ever astronaut-tended space station around the Moon. Humanity. Astronaut Peggy Whitson returned to Earth. Finishing Ministry of Finance appointed former economic affairs a 288-day mission that put her over the top as the secretary Shaktikanta Das as India’s G20 Sherpa for American who has spent the most cumulative amount the Development Track of the grouping. of time in space. UNESCO’s executive board chose former French NASA’s $3.9-billion Cassini spacecraft ended its 20- Culture Minister Audrey Azoulay to be the UN year-long ground-breaking journey with a fiery plunge cultural agency’s next leader. He succeeds outgoing into the Saturn’s crushing atmosphere. Director-General Irina Bokova of Bulgaria. ISRO stated that its Mars Orbiter Mission (MOM) which has completed three years in its Martian orbit is SCIENCE & TECHNOLOGY (NASA, ISRO & in good health & continues to work as expected. OTHERS) China successfully launched remote sensing satellites POWER PLANTS ESTABLISHED designed to conduct electromagnetic probes & other The largest-ever floating solar power plant in India experiments. inaugurated by state power minister MM Man at the India's first wave-powered navigational buoy, Banasura Sagar dam in Wayanad, Kerala. The solar developed by the National Institute of Ocean power plant that floats on the surface of the water has a Technology (NIOT), to guide ships in & out of ports, capacity of 500 kilowatts. SCHEMES Centre approved setting up of 'Pradhan Mantri Mahila Schemes launched by Union Govt. Shakti Kendras' across 115 most backward districts of On 2nd Anniversary of Ujwal DISCOM Assurance the country through a new scheme for reaching out to Yojana (UDAY), Govt. of India signed four MoUs under rural women & facilitating skill development, the Scheme with the State of Nagaland & with Union employment, digital literacy, health & nutrition. Govt. Territories (UTs) of Andaman & Nicobar Islands, Dadra also approved expanding Beti Bachao, Beti Padhao & Nagar Haveli & Daman & Diu for operational scheme from 161 districts to 640 districts in the country, improvements. as well as 150 additional 'one stop centres' for the PM Modi launched Umang mobile application, an survivors of sexual violence along with seven other integrated platform for govt. to citizen services. Umang- programmes that are part of the umbrella scheme -- the an acronym for "unified mobile app for new age" e- National Mission for Empowerment of Women. The governance - currently hosts around 162 services from financial outlay for these schemes from 2017 to 2020 will 33 govt. departments of central & state govt.s. It is be Rs 3,636.85 crore. developed by Ministry of Electronics & Information To provide high-speed broadband service in all Gram Technology (MEITY). Panchayats by March 2019, govt. launched its second &

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 final phase of BharatNet project. It will be appropriate S&T Interventions for Sustainable implemented at an outlay of Rs. 34 thousand crores. Development through cluster approach in Uttarakhand. Govt. launched the ‘Bharat 22’ exchange traded fund Minister of State Health & Family Welfare Anupriya (ETF) managed by ICICI Prudential Mutual Fund, Patel launched a nationwide health campaign to targeting an initial amount of about Rs. 8,000 crores. sensitise women about the early screening & the Communications Minister Manoj Sinha launched preventive care for cancer. Themed 'Nurturing the Sampoorna Bima Gram (SBG) Yojana & an initiative Nurturer', the campaign was launched by FICCI for expansion of clientele base of Postal Life Insurance Ladies Organisation (FLO) in partnership with the (PLI). Under Sampoorna Bima Gram (SBG) Yojana, at Apollo Hospitals group. least one village (with min. 100 households) will be Union Home Minister Shri Rajnath Singh launched the identified in each of the revenue districts of the country. Platform for Effective Enforcement for No Child Coverage of all households is the primary objective of Labour (PENCIL) Portal. PENCIL is an electronic this scheme. platform that aims at involving Centre, State, District, Mahindra & Mahindra has launched a program, Govt.s, civil society & the general public in achieving Prerna, to empower women working in the agriculture the target of child labour free society. He also launched sector by promoting efficient & ergonomic farm tools & the Standing Operating Procedures (SOPs) for the equipment. The project will be initially launched in the enforcement of legal framework against child labour. state of Odisha, with the intention to positively impact the lives of over 1,500 families across 30-plus villages. Schemes launched by State Govt. President Kovind launched 100 crore rupees Mata Odisha govt. launched a scheme named 'Fish Pond Amritanandamayi Math Project "Jeevamritham "to Yojana' to boost fish production in the state with a provide the filtration system for cleaning drinking budgetary provision of Rs 96 crore. It aims to create water to 5000 villages across India, in Kollam district in additional 2,200 hectare of fresh water aquaculture Kerala. farming with 50% financial assistance to farmers. Cabined chaired by PM Modi approved the proposal Pradhan Mantri Sahaj Bijli Har Ghar Yojana for creation of National Testing Agency (NTA) for (SAUBHAGYA) launched in Manipur, by Union conducting various entrance examinations. Minister of State (IC) for Power & New & Renewable Manyata was launched by FOGSI (Federation of Energy, R.K. Singh & N. Biren Singh, CM, Manipur. Obstetric & Gynecological Societies of India). Kerala govt. launched “She Pad,’’ a scheme to distribute ‘Manyata’ is a nationwide movement which is free sanitary napkins to girl students from classes VI to emphasising the need for quality care for mothers XII in govt. & aided private schools affiliated to the state during & immediately after childbirth. school board. India Hypertension Management Initiative (IHMI) President Kovind launched various schemes entailing was launched by Health Ministry & ICMR (Indian total expenditure of Rs 3,455 crore in Jharkhand to Council of Medical Research). The objective of this coincide with the state's 17th Foundation Day. He initiative is to reduce morbidity & mortality due to launched Rs. 636-crores 'Mukhyamantri Health cardiovascular diseases (CVDs) by controlling high Insurance Scheme'. He also launched JOHAR blood pressure. It is a collaborative project of ICMR, (Jharkhand's Opportunities for Harnessing Rural Ministry of Health & Family Welfare (MoHFW), WHO Development) schemes entailing the expenditure of Rs & State Govts. 1,500 crore to help tribal & Dalit families double their Energy Efficiency Services Limited (EESL), under incomes in four years. Ministry of Power, Govt. of India launched UJALA Goa CM Parrikar launched Jai Kisaan App, a farmer (Unnat Jyoti by Affordable Lighting for All) Scheme engagement app containing features & functions to in the State of Melaka, Malaysia. Under this scheme, fulfill the needs of the farmer community in India. It is each household in Melaka will get 10 high-quality 9- a one-stop solution on agricultural information & watt LED bulbs. cultivation, covering crop nutrition, protection, seeds, & Union Cabinet approved the revamped Khelo India diagnostic services. program at a cost of Rs. 1,756 crore for the period 2017- Rajasthan Govt. launched ‘Dishari’, an educational 18 to 2019-20. The Programme aims at mainstreaming mobile application that provides free study materials sport as a tool for individual development, community for youths preparing for competitive examinations. development, economic development & national Assam CM Sarbananda Sonowal rolled out 647 schemes development. entailing an investment of Rs 24.57 crore for Dr. Harshvardhan launched “Pt Deen Dayal Upadhyay development of world's largest river island Majuli. Vigyan Gram Sankul Pariyojana” which will Out of these, 448 schemes under MGNREGA involved experiment & endeavour to formulate & implement 61 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 Rs 21.90 crore & 199 schemes under 14th Finance Adoption of efficient Textile technologies to Help Commission have an outlay of Rs 2.67 crore, it added. small Industries). Under this initiative, Energy Gujarat Govt. announced Garments & Apparel Policy- Efficiency Services Limited (EESL), a public sector entity 2017, with the aim of creating more opportunities in under the Union Ministry of Power, will acquire energy the garment sector of Gujarat & to create huge efficient Powerlooms, motors & Rapier kits in bulk & employment opportunities for women through the provide them to the small & medium powerloom units. apparel industry. This Policy is prepared with an aim to In an attempt to end Gender bias in women against make Gujarat number 1 in textile which produces more women, the Ministry of Women & Child Development of cotton. is undertaking an online campaign #IamThatWoman. Madhya Pradesh CM Shivraj Singh Chouhan Through the campaign, the Ministry seeks to highlight inaugurated the ambitious 'Bhavantar Bhugtan Yojna' the various aspects of women standing 'by' & 'for' for the farmers of the state. Madhya Pradesh is the first women. state to lend money to farmers at zero percent interest. Goods & Services Tax Network (GSTN) has launched MP Govt. implemented the CM's Skill Promotion & an excel-based offline tool for businesses to file initial Skills Scheme to provide jobs by providing GSTR- 3B returns. GSTN, in a statement in New Delhi, employment oriented training to the youth. All the stated that taxpayers can download the offline utility youth who are in the age group of 18-35 are being from the GSTN portal & after fill in the data the file can benefitted through Mukhya Mantri Kaushal be uploaded on GST portal. Samvardhan Yojana & Mukhya Mantri Kaushalya Chairman of NHAI Deepak Kumar launched a world- Yojana. MP Govt. permitted Rs 30 crores for constant class, new multilingual website of the organization. execution of the scheme from year 2017-18 to 2019-20. He also launched a Project Monitoring Information Karnataka govt. launched the Rs. 302-crore Mathru System (PMIS) Moblie App that will facilitate close, in- Poorna scheme, aimed at providing free mid-day meals house monitoring of NHAI projects on a mobile phone. to pregnant & lactating women in rural areas. The Union Home Minister Rajnath Singh has launched first meals, which will be provided in Anganwadi centres, Intelligence Wing of Sashastra Seema Bal (SSB) & will include an egg, rice, pulses, vegetables, & milk. This Welfare & Rehabilitation Board (WARB) App in New is aimed at reducing child malnutrition & in turn curb Delhi authorized to Protect the shared borders of India infant mortality. with Nepal & Bhutan. Odisha Govt. launched ‘Sampurna (Sishu Abond Matru Union Environment Ministry launched an environment Mrityuhara Purna Nirakaran Abhijan) Yojna’ scheme awareness initiative on the occasion of Teachers’ Day. for pregnant women, in Odisha. Under the scheme, Under the initiative, an online environmental quiz Odisha govt. will provide Rs. 1,000 as transport cost for competition named Prakriti Khoj will be conducted at pregnant women to travel to the hospital. the national level. Union Ministry of Health & Family Welfare launched Schemes launched by Ministries two new contraceptives- an injectable contraceptive Shri R.K. Singh, Minister of State (IC) for Power & New MPA under the ‘Antara’ program & a contraceptive pill & Renewable Energy, launched the Pradhan Mantri ‘Chhaya’ in the public health system to expand the Sahaj Bijli Har Ghar Yojana – ‘Saubhagya’ Web Portal. basket of contraceptive choices for couples. It can be accessed at http://saubhagya.gov.in. Ministry of Electronics & Information Technology Minister of Communications Shri Manoj Sinha (MeitY) launched a nationwide Hackathon launched a Pan India scholarship program for school ‘OpenGovDataHack’ to support & showcase potential children called Deen Dayal SPARSH Yojana to ideas/talent from inner India. increase the reach of Philately. Note: SPARSH Union Minister for Petroleum & Natural Gas (Scholarship for Promotion of Aptitude & Research in Dharmendra Pradhan has launched Pradhan Mantri Stamps as a Hobby). Under this govt proposed to LPG Panchayat at Mota Ishanpur village in award annual scholarships to children of Standard VI to Gandhinagar district of Gujarat. IX having good academic record & also pursuing Philately as a hobby. The amount of Scholarship will be MISCELLANEOUS TOPICS Rs. 6000/- per annum @ Rs. 500/- per month. Shri Piyush Goyal, Union Minister of Railways & Coal INDIAN RAILWAYS/ METRO in India has launched ‘Grahak Sadak Koyla Vitaran App’ Indian Railways launched the main arch of the world's benefitting customers of Coal India Limited (CIL) lifting highest bridge on the River Chenab in Jammu & coal through road mode. Kashmir's Reasi district which will provide direct Union Ministries of Power & Textiles jointly launched connectivity to the Kashmir Valley. an initiative 'SAATHI' (Sustainable & Accelerated 62 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 According to a circular issued by the railway board, the among consumers, policy makers, industry & research passengers in the reserved coaches can only sleep sector. between 10 pm & 6 am to allow others to sit in the seats President Kovind inaugurated International for the rest of the time. Ambedkar Conclave, organised by the Forum of SC & India has received its first High Horsepower ST Legislators & Parliamentarians, in New Delhi. Locomotive with the bodyshell of 12000 HP loco from World's first Sanskrit 3D film 'Anurakthi among the Alstom France at Kolkata port. This first-of-its-kind main attraction in 3D category at the International Film high-power electric locomotive will be used to haul Festival of India in Panaji in Goa. freight trains at twice the existing speed by 2018. The iconic Trump Tower comprising 140 ultra-luxury PM Modi, West Bengal CM Mamta Banerjee & apartments has been launched in Kolkata. Bangladesh PM Sheikh Hasina jointly flagged off A grateful nation is paying homage to former PM ‘Bandhan Express’, a passenger train between Kolkata Indira Gandhi on her 100th birth anniversary on 19th & Bangladesh’s city of Khulna. It will cover 172 kms November 2017. distance between Kolkata & Khulna in four hours. 210-metre-high statue of Chhatrapati Shivaji Maharaj Railways plans to equip all trains with Bio-Toilets by received environmental clearance, making it the world’s December 2018. tallest statue, once built. Asia’s largest Solid-State Interlocking (SSI) system Food Regulatory Portal was launched by Union was installed in Kharagpur by the Indian Railways. Ministry of Food Processing Industries & FSSAI This will enable station masters to set 800 different (regulatory body for Food Safety in India). This will act routes for trains in a matter of minutes. as single interface for food businesses to cater both domestic operations as well as food imports. INDIA’S GDP REPORTS Fake news, a term popularised by U.S. President Asian Development Bank (ADB) has downgraded Donald Trump, has been named the word of the year India’s growth projection to 7% for the current fiscal by Collins dictionary due to its widespread use around while lowering its forecast for the next financial year as the world. well. The annual ‘Balijatra’ festival was inaugurated by Health & Law Minister Pratap Jena at Gadagadia ghat in Odisha on the banks of river Mahanadi. The world’s largest combustion research center inaugurated at the Indian Institute of Technology, Madras (IIT-M) in Tamil Nadu. Footwear Design & Development Institute (FDDI) declared an ‘Institute of National Importance’ under Ministry of Commerce & Industry, Govt. of India. The FDDI bill was passed by the Parliament in July 2017. Actor Varun Dhawan will get a wax statue at Madame Tussauds Hong Kong, making him the youngest Indian actor to have his statue at the museum. In the India International Science Festival (IISF) which

OTHERS held in Anna University campus at Chennai, saw the The word 'populism' has been announced as making of a new Guinness World Record for the Cambridge Dictionary's Word of the Year 2017. Largest Biology Lesson. One thousand forty-nine The Nation on 3rd December 2017 remembered India's (1049) students participated in the record breaking first President Rajendra Prasad on his 133rd birthday. session. India's first Madame Tussauds wax museum has been For the first time, Nepal & India will undertake a joint opened in New Delhi. tiger census in their national parks, forests & protected President Kovind cleared an ordinance amending the areas adjoining the two countries using a globally- Indian Forest Act, 1927. It omits bamboo grown in recognised method. non-forest areas from the definition of trees, thereby GMR Hyderabad International Airport Ltd (GHIAL), exempting it from requiring permits for felling or Malaysia Airports Holdings Berhad (MAHB) & transportation. Malaysia Tourism Promotion Board (MTPB) have Union Agriculture Minister Radha Mohan Singh has come together to promote the growth of tourism traffic.. sent a proposal to United Nations for declaring 2018 as ‘Newton’ will be India’s official entry for the Best "International Year of Millets" to raise awareness Foreign Film category at the Oscars 2018, according to

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 the Film Federation of India. The movie directed by the Southeast Asian Defence Ministers’ Meeting. The Amit Masurkar, starring Rajkummar Rao. ADMM (ASEAN Defence Ministers’ Meeting)-Plus Govt. issued an alert on the spread of new malware meeting will discuss ways to enhance defense & 'Locky Ransomware' that can lock computers & demand security cooperation among the member nations. ransom for unlocking them. Ransomware is a malicious Afghani President Ashraf Ghani was on a national software & the Locky Ransomware is learnt to be visit to India. During his visit, he met with the president demanding the ransom of half Bitcoin, which at present Ram Nath Kovind & PM Modi. India & Afghanistan rate is equivalent to over Rs 1.5 lakh. have agreed to work closely with the regional & Govt. is moving ahead with linking Aadhaar with international partners to further the objective of seeing mobile SIM cards & all unlinked phones will be Afghanistan emerge as a stable, peaceful, united & deactivated after February 2018. prosperous nation. The elusive snow , long considered an PM of Italy Paolo Gentiloni arrived in New Delhi on endangered species, has been upgraded to 'vulnerable'. a two-day visit to India. The visit is aimed at But experts warned the new classification does not strengthening the bilateral political & economic mean they are safe. relations between the two countries. President of European Council, Donald Franciszek Person on Visit 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. PM Modi visited his Lok Sabha constituency, Varanasi. External Affairs Minister Sushma Swaraj attended the In the Visit, he flagged off remotely Varanasi-Vadodara Shanghai Cooperation Organization summit at Sochi country’s third Mahamana Express. He also in Russia. inaugurated Jal Shavbahan & Jal Ambulance in PM Modi met Sri Lankan PM Ranil Wickremesinghe. Varanasi. He has also inaugurated Utkarsh Bank in Sri Lankan PM, who arrived in India on a four-day visit, Varanasi, it specialises in micro-finance to extend will hold bilateral talks with PM Modi & will also call assistance to self-help groups. upon President Ram Nath Kovind. PM received his Japanese counterpart Shinzo Abe at PM Narendra Modi reached the Philippines capital Ahmedabad in Gujarat. Mr. Abe visited India & Manila. He will be attending the 31st ASEAN, the East attended the India-Japan annual summit meeting. The Asia & the India-ASEAN annual Summits. 12th edition of the summit was held in Gandhinagar, King of Bhutan, Jigme Khesar Namgyel Wangchuck Gujarat. arrived in New Delhi. He was accompanied by his wife, President of Swiss Confederation Doris Leuthard Queen Gyaltsuen Jetsun Pema Wangchuck. visited India. India & Switzerland enjoy robust President of Armenia, Serzh Sargsyan arrived in New economic ties, with Switzerland being seventh largest Delhi. He attended the World Food India Conference trading partner & eleventh largest foreign investor for 2017. India. Minister of State (IC) Youth Affairs & Sports Col. PM Modi visited China & Myanmar. In the first leg of Rajyavardhan Rathore visited Egypt to attend World his three-day tour to China, Mr Modi reached Xiamen Youth Forum at Sharam El Shiekh. It was inaugurated to attend the 9th BRICS Summit. Then, the PM left for by the President of Egypt Mr Abdelfateh El Sisi. Myanmar. This was PM Modi’s first bilateral State visit Prince of Wales, Charles Philip Arthur George arrived Myanmar. in New Delhi. This visit is a part of their 10-day tour to External Affairs Minister Sushma Swaraj visited the Singapore, Malaysia, Brunei & India. The visit is aimed Russian port city of Vladivostok to attend the third at strengthening bilateral relations between the two Eastern Economic Forum which will deliberate on nations. pressing issues relating to global trade. External Affairs Minister Sushma Swaraj held a External Affairs Minister Sushma Swaraj arrived in meeting with Guinea’s Foreign Minister, Mamady New York to represent India at the annual UN General Toure, during the course of which the latter handed Assembly, UNGA, session. over his country’s instrument accession to the India- President Ram Nath Kovind will make his first foreign initiated International Solar Alliance (ISA). trip as head of state to the strategically-significant Petroleum & Natural Gas Minister Dharmendra African continent in the first week of October. The Pradhan visited Japan to participate in the 6th annual President will visit to Ethiopia & Djibouti. LNG Producers Consumer Conference. In her first foreign visit as Defence Minister, Ms. Nirmala Sitharaman left for the Philippines to attend 64 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App REPORT THE ERROR IN CAPSULE at [email protected]

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Important MoU’s Approved by the Cabinet under PM Modi The Union Cabinet chaired by PM Shri Narendra Modi has ▪ Signing an Agreement between India & Armenia on given the following set of approvals. The full list of Cabinet cooperation & mutual assistance in customs matters. Approvals are as follows: ▪ Amendment in the National Council for Teacher ▪ Memorandum of Cooperation (MoC) between India & Education Act, 1993- The amendment seeks to grant Japan on the "Technical Intern Training Program (TITP)" retrospective recognition to the Central/State/Union ▪ Signing of the MoC between India & Japan on Territory funded Institutions/Universities conducting establishing a Liquid, Flexible & Global LNG Market Teacher Education Courses without NCTE recognition ▪ MoU between SEBI & Financial Services Commission till the academic year 2017-2018. (FSC), . ▪ Ongoing Centrally Sponsored Scheme (State Plans) - ▪ MoU between India & Belarus for Cooperation in the Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya field of Vocational Education & Training Krishi Vikas Yojana- Remunerative Approaches for ▪ Signing of MoU between Securities & Exchange Board of Agriculture & Allied sector Rejuvenation (RKVY- India (SEBI) & Capital Markets Authority (CMA), RAFTAAR) for three years i.e. 2017-18 to 2019-20. Kuwait. ▪ Special Banking Arrangement (SBA) for payment of ▪ International Association of Marine Aids to Navigation outstanding subsidy to fertilizer companies during 2016- & Lighthouse Authorities (IALA) to change its status 17. from Non-Govt.al Organization to Inter-Govt.al ▪ Enhancement of age of superannuation of doctors other Organization. than Central Health Service (CHS) doctors to 65 years, ▪ MoU between India & Morocco on cooperation in the ▪ Signing of (i) Inter-bank Local Currency Credit Line field of water resources Agreement & (ii) Cooperation Memorandum relating to ▪ Revised pay scales of teachers & equivalent academic Credit Ratings by EXIM Bank under BRICS Interbank staff in Universities/Colleges & centrally funded Cooperation mechanism, technical institutions. ▪ Agreement on “Cooperation in the field of Information, ▪ SANKALP & STRIVE Schemes to boost Skill India Communication & Media” between India & Ethiopia, Mission. ▪ MoU between India & Belarus in the oil & gas sector, ▪ Trade Agreement between India & Ethiopia for ▪ Bilateral MoU between India & Afghanistan on strengthening & promoting trade & economic Technical Cooperation on Police Training & cooperation. Development.

BANKING AWARENESS CAPSULE

List of Mergers in the Indian Banking Industry Federal Bank Ganesh Bank of 2006 The Bank which The Bank which got Year of Kurundwad acquired Merged Merger Centurion Bank Bank of Punjab 2005 State Bank of 5 SBI’s Associate 2017 (BoP) India Banks & Bharatiya IDBI Bank IDBI Limited 2005 Mahila Bank Limited Kotak Mahindra ING Vysya Bank 2016 Oriental Bank of Global Trust Bank 2004 Bank Commerce (GTB) ICICI Bank Bank of Rajasthan 2010 Punjab National Nedungadi Bank 2003 State Bank of State Bank of Indore 2009 Bank India Bank of Baroda Benares State Bank 2002 State Bank of State Bank of 2008 ICICI Bank ICICI Limited 2002 India Saurashtra Limited HDFC Bank Centurion Bank of 2008 ICICI Bank Bank of Madura 2001 Punjab HDFC Bank Times Bank 2000 Centurion Bank Lord Krishna Bank 2007 Union Bank of Sikkim Bank 1999 of Punjab India Indian Overseas Bharat Overseas 2007 State Bank of Kashinath State 1995 Bank Bank India Bank IDBI Bank United Western 2006 Bank of India Bank of Karad 1994 Bank Ltd.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 Punjab National Bank New Bank of 1993 Amount of money that can be sent using BHIM is India uptoRs 10,000 per transaction&a maximum of Rs 20,000 State bank of Bank of Cochin 1985 per day for one bank account. India Canara Bank Lakshmi 1985 A Brief on UPI- 2016 Commercial Bank Unified Payments Interface is an instant payment system developed by NPCI. UPI is built over the IMPS infrastructure&allows you to instantly transfer money Head Office of Small Finance Banks between any two parties' bank accounts. ➢ Au Financiers (India) Ltd., Jaipur UPI-PIN is a 4-6 digit pass code you create/set during ➢ Capital Local Area Bank Ltd., Jalandhar first time registration with this App. ➢ Disha Microfin Private Ltd., Ahmedabad The upper limit per UPI transaction is Rs. 1 Lakh. ➢ Equitas Holdings P Limited, Chennai

➢ ESAF Microfinance & Investments Private Ltd., Immediate Payment Service (IMPS) Registered Office- Chennai, Corporate Office- Thrissur It was launchedin 2010. IMPS offers an instant, 24X7, (Kerala) interbank electronic fund transfer service through mobile ➢ Janalakshmi Financial Services Private Limited, phones. Bengaluru

➢ RGVN (North East) Microfinance Limited, Guwahati Overview of *99# Service ➢ Suryoday Micro Finance Private Ltd., Navi Mumbai *99# service launched by NPCI, which works on ➢ Ujjivan Financial Services Private Ltd., Bengaluru Unstructured Supplementary Service Data (USSD) channel. ➢ Utkarsh Micro Finance Private Ltd., Varanasi This service was launched in 2014. Banking customers can

avail the service by dialing *99#, a “Common number Head Office Payment Banks across all Telecom Service Providers (TSPs)” on their ➢ Aditya Birla Nuvo Limited- Veraval, Gujarat mobile phone&transact through an interactive menu ➢ Airtel M Commerce Services Limited- Registered displayed on the mobile screen. Office- New Delhi, Corporate Office- Gurugram,

Haryana Overview of *99*99# Service ➢ Cholamandalam Distribution Services Limited- *99*99# is a USSD (Unstructured Supplementary Service Chennai Data) based value added service from NPCI that facilitates ➢ Department of Posts (IPPB)- New Delhi the customers to check the status of his/her Aadhaar ➢ Fino PayTech Limited- Navi Mumbai number seeding/linking in the bank account. The service ➢ National Securities Depository Limited- Mumbai works across all GSM service providers&brings together ➢ Reliance Industries- Mumbai the diverse ecosystem partners such as Banks & TSPs ➢ Vodafone m-pesa Limited- Mumbai (Telecom Service Providers).

A Brief on NPCI

National Payments Corporation of India (NPCI) is an MMID umbrella organization for all retail payments system in MMID stands for Mobile Money Identifier. MMID is a 7- India. It was incorporated in December 2008&the digit code issued by the bank to their customers for availing Certificate of Commencement of Business was issued in IMPS. April 2009. The authorized capital was pegged at Rs 300 crore&paid up capital was Rs 100 crore. A Brief on QSAM B.Sambamurthy- Interim Chairman. *99*99# service, is alternatively known as QSAM (Query

Service on Aadhaar Mapper). Using this service, a person A Brief on BHIM can check the Aadhaar seeding/linking status in his/her Bharat Interface for Money is an app that lets you make bank account. simple, easy&quick payment transactions using

Unified Payments Interface (UPI). This can be done A Brief on NACH using just Mobile number or Virtual Payment Address NPCI implemented “National Automated Clearing House (VPA). Currently it is available in 12 languages. (NACH)” for Banks, Financial Institutions, Virtual Payment Address (VPA) is a unique identifier Corporates&Govt., is a web based solution to facilitate which you can use to send&receive money on UPI. interbank, high volume, electronic transactions which are repetitive&periodic in nature. NACH System can be used for making bulk transactions towards distribution of 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 subsidies, dividends, interest, salary, pension etc. for bulk Risk in Banking Sector transactions towards collection of payments pertaining to Banking risk can be defined as exposure to the uncertainty telephone, electricity, water, loans, investments in mutual of outcome. It is applicable to full-service banks like SBI, funds, insurance premium etc. PNB & Others. NACH’s Aadhaar Payment Bridge (APB) System, Types of bank risks developed by NPCI has been helping the Govt.&Govt. 1. Credit risk 4. Market risk Agencies in making the Direct Benefit Transfer scheme a 2. Operational risk 5. Liquidity risk success. 3. Business risk 6. Reputational risk Credit risk: It usually occurs because of inadequate income BBPS or business failure. Credit risk signifies a decline in the Bharat Bill Payment System (BBPS) will function as a tiered credit assets’ values before default that arises from the structure for operating the bill payment system in the deterioration in a portfolio or an individual’s credit quality. country under a single brand image. Market risk: Basel Committee on Banking Supervision NPCI will function as the authorized Bharat Bill Payment defines market risk as the risk of losses in on- or off-balance Central Unit (BBPCU), which will be responsible for setting sheet positions that arise from movement in market prices. business standards, rules&procedures for Market risk is the most prominent for banks present in technical&business requirements for all the participants. investment banking. Operational risk: Basel Committee on Banking Supervision Priority Sector Lending Certificates (PSLCs) defines operational risk “as the risk of loss resulting from These are a mechanism to enable banks to achieve the inadequate or failed internal processes, people&systems or priority sector lending target&sub-targets by purchase from external events. Operational risk, the risk in all of these instruments in the event of shortfall. This also banking transactions incentivizes surplus banks as it allows them to sell their Liquidity risk: Liquidity risk is the risk of a bank not being excess achievement over targets thereby enhancing able to have enough cash to carry out its day-to-day lending to the categories under priority sector. operations. All PSLCs will be valid till March 31st&will expire on Reputational risk—when banks lose the public’s trust April 1st. It is the risk of damage to a bank’s image&public standing There are only four eligible categories of PSLCs i.e. that occurs due to some dubious actions taken by the bank. PSLC General, PSLC Small&Marginal Farmer, PSLC Business Risk: Business risk is the risk arising from a Agriculture & PSLC Micro Enterprises. bank’s long-term business strategy. It deals with a bank not being able to keep up with changing competition dynamics, A brief on ACU losing market share over time, & being closed or acquired. Asian Clearing Union (ACU) was established with its head-quarters at Tehran, Iran, on December 9, 1974. The Central Banks&the Monetary Authorities of Sectors in the Indian Economy Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Indian Economy is normally categorized into three sectors Nepal, Pakistan&Sri Lanka are currently the members namely - of the ACU. 1. Primary Sector 2. Secondary Sector Asian Monetary Units (AMUs) is the common unit of 3. Tertiary Sector account of ACU&is denominated as ‘ACU Dollar’&‘ACU Euro’. All instruments of payments 1. Primary Sector under ACU have to be denominated in AMUs. Primary Sector is directly dependent on environment for manufacture&production. For example, agriculture, Rupee Denominated Bonds mining, farming etc. Any corporate (entity registered as a company under the 2. Secondary Sector Companies Act, 1956/ 2013) or body corporate (entity Secondary Sector adds value to the proud by transforming specially created out of a specific act of the Parliament) raw materials into valuable products. For example, &Indian banks are eligible to issue Rupee denominated processing & construction industries. bonds overseas. Real Estate Investment Trusts 3. Tertiary Sector/Service Sector (REITs)&Infrastructure Investment Trusts (InvITs) coming Tertiary Sector is involved in production&exchange of under the regulatory jurisdiction of SEBI are also eligible. services. For example, transportation, communication, & The minimum maturity period for such bonds will be 3 other services of such kind. years. Tertiary Sector is also known as Services Sector as it facilitates the production&exchanges of services.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 National Institute of Bank Management (NIBM) Currency&Finance), is the central bank of the It was established in 1969 by RBI, in consultation with the country&wasnationalisedw.e.f Jan 01,1949. Govt. of India, as an autonomous apex institution for ii. Originally it was a shareholders’ bank which was taken research, training, education&consultancy in bank over by the Central Govt. under Reserve Bank (Transfer management. Its mandate is to play a proactive role of of Public Ownership) Act 1948 (paid up capital Rs. 5 “think-tank” of the banking system. The Governor of RBI cr). is the Chairman of the Governing Board. It is situated at iii. RBI’s central office is in Mumbai. Pune, Maharashtra. Functions of RBI: Electronic Funds Transfer at Point of Sale (EFTPOS) Issuance of currency: RBI is the authority in India to issue EFTPOS is the method for paying for goods or services currency notes (called bank notes) under signatures of without needing to carry cash. Governor. (One rupee note called currency note is issued by the Central Govt.&signed by Finance Secretary). The stock Small Finance Banks of currency is distributed with the help of currency chests The objective is to further financial inclusion by (a) spread all over the country. provision of savings vehicles,(b) supply of credit to Banker to Govt.: RBI transacts govt. business&manages small business units; small&marginal farmers; public debt. SBI or any other bank is appointed Agent micro&small industries;&other unorganised sector where RBI does not have office. It provides Ways & Means entities, through high technology-low cost operations. advances to Govt. It shall primarily undertake basic banking activities of Bankers’ bank: It keeps a part of deposits of commercial acceptance of deposits&lending to unserved & banks (as CRR) & acts as lender of last resort by providing 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 banking equity capital is Rs. 100 crores. business in India has to obtain license from RBI. It acts as The promoter's minimum initial contribution to the controller of banks by including the banks in 2nd Schedule paid-up equity capital of such small finance bank shall of the Act. It issues directions, carries inspection (on-site as at least be 40 %&gradually brought down to 26 % 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 this The objective is to further financial inclusion by purpose. It also carries sale&purchase of securities which providing (i) small savings accounts(ii) 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 the other unorganised sector entities&other users. 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 eligible. w.e.f. 01.03.66, it was made applicable to J & K in 1956 (and The minimum paid-up equity capital shall be Rs. 100 now applicable throughout India). 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 Commission include paid-up capital&reserves requirement of not less 1926 – called Royal Commission on Indian 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 than Rs. 5 lac, satisfaction of RBI that the affairs will not be Statutory Liquidity Ratio is the amount a commercial bank conducted by the bank in a way to jeopardize the interests needs to maintain in the form of cash, or gold or govt. of the depositor. (Commercial, Rural&many State Coop approved securities (Bonds) before providing credit to its Banks are classified as Scheduled Banks). customers. c) A bank that is not included in the 2nd Schedule of RBI is It is determined as the %age of total Net Demand&Time called Non-scheduled Bank. Liabilities (NDTL). Bank Rate Total No. of Banks (As per IBA Website) It is defined in Sec 49 of RBI Act 1934 as the ‘standard rate Total PSBs: 22 (IPPB is 100% Equaty of GoI) at which RBI is prepared to buy or rediscount bills of Total Private Sector Banks: 24, If we include Payment & exchange or other commercial papers eligible for purchase Small Bank (7) then it is 31. under this act’. RRB’s: 56 | Foreign Banks: 46 | Cooperative Banks: 42 CASH RESERVE RATIO CRR refers to the ratio of bank’s cash reserve balances with IMPORTANT POINTS ON RBI RBI with reference to the bank’s net demand&time RBI is not expected to perform the function of accepting liabilities to ensure the liquidity&solvency of the scheduled deposits from the general public. banks. Prime lending rate is decided by the individual banks. RBI decides the following rates namely; Bank rate, repo rate, reverse repo rate&cash reserve ratio. The quantitative instruments of RBI are – bank rate policy, cash reserve ratio&statutory liquidity ratio. The objective of monetary policy is to control inflation; discourage hoarding of commodities&encourage flow of credit into neglected sector. When RBI is lender of the last resort, it means that RBI advances credit against eligible securities. GOI decides the quantity of coins to be minted. The method which is used currently in India to issue currency note – minimum reserve system. For issuing notes, RBI is required to hold the minimum reserves of Rs. 200 crore of which note less than Rs. 115 crore is to be held in gold.

POLICY RATES ACCOUNTS IN A BANK Current Reserve Ratios & Policy Rates a) Savings Bank Account b) Current Deposit Account Bank Rate 6.25% c) Fixed Deposit Account d) Recurring Deposit a/c Repo Rate 6.00% Savings Bank Account Reverse Repo Rate 5.75% The rate of interest on savings bank account varies from CRR 4.00% bank to bank&also changes from time to time. Interest rate SLR 19.50% is paid to the account holders on daily balance basis. MSF 6.25% Current Deposit Account This account is mainly for big businessmen, Repo Rate companies&institutions, since there are no restrictions Repo rate is the rate of interest which is levied on Short- on number of withdrawals from this type of account. Term loans taken by commercial banks from RBI. From this withdrawal can be made any number of Whenever the banks have any shortage of funds they can times. borrow it from RBI. For the convenience of the account holders banks also Reverse Repo Rate allow withdrawal of amounts in excess of the balance This is exact opposite of Repo rate. Reverse repo rate is the of deposit. This facility is known as overdraft facility. rate at which commercial banks charge on their surplus Fixed Deposit Account (also Term Deposit Account) funds with RBI. RBI uses this tool when it feels there is too Money is deposited in a fixed deposit account to earn much money floating in the banking system. interest at a higher rate. SLR Rate 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 Recurring Deposit Account Current deposits, Demand liabilities portion of saving The rate of interest allowed on the deposits in this deposits, margins held against LC/LG, Balances in overdue account is higher than that on a savings bank deposit FD, cash certificate&RD, Outstanding TTs, MTs & DDs, but lower than the rate allowed on a fixed deposit for Unclaimed deposits, Credit balance in CC a/c & Deposits the same period. held as security for loan payable on demand. Important points to remember Time liabilities a) Minimum age to open a bank account is now 10 years. b) Maximum Interest rate is given on FD A/c. FDs, cash certificate, cumulative & RDs, time liabilities c) The maximum period of an FD is 10 years & for RD is 10 portion of saving bank deposits, staff security deposits, years. margins against LC not payable on demand, deposit held as securities for advances&India Dev Bonds. INTEREST RATE ON BANK ACOUNTS A) Some points related to Interest Rates on Bank NEGOTIABLE INSTRUMENTS ACT 1881 Accounts {Differential rate of interest (DRI)} In India the Negotiable Instruments Act was passed during Interest on Savings A/c is calculated on daily balance 1881 which came into force wef March 01, 1882. basis. Now, All SCBs (Excluding RRBs) have the discretion to CHEQUE offer differential interest rates based on whether the term A cheque is (a) a bill of exchange (b) drawn on a specified deposits are with or without-premature-withdrawal- bank&(c) not expressed to be payable otherwise than on facility, subject to the following guidelines: demand. It includes electronic image of a truncated a) All term deposits of individuals (held singly or jointly) cheque&also an electronic cheque. of Rs.15 lakh&below should, necessarily, have premature withdrawal facility. AMOUNT OF A CHEQUE b) For all term deposits other than (i) above, banks can offer Where amount of a cheque differs in words&figures, as per deposits without the option of premature withdrawal as Section 18, amount written in words should be paid well. irrespective of the fact, which amount is less or more. c) Banks should disclose in advance the schedule of interest rates payable on deposits i.e. all deposits Types of Cheque mobilized by banks should be strictly in conformity with 1. Bearer Cheque or open Cheque the published schedule. When the words "or bearer" appearing on the face of the cheque are not cancelled, the cheque is called a bearer B) Taxation of Savings Bank Interest rates: cheque. The bearer cheque is payable to the person Unlike interest on fixed deposits, interest earned on specified therein or to any other else who presents it to the savings bank accounts is not subject to Tax Deduction at bank for payment. Source. However, this does not mean the interest earned 2. Order Cheque on Savings accounts is completely tax free. It is exempt When the word "bearer" appearing on the face of a cheque uptoRs. 10,000 in a year,&if the interest you earn from is cancelled & when in its place the word "or order" is Savings accounts crosses this threshold, it becomes written on the face of the cheque, the cheque is called an subject to tax. order cheque. Such a cheque is payable to the person specified therein as the payee, or to any one else to whom it Inoperative & Dormant Accounts is endorsed (transferred). RBI clarified on 30.10.09 that SB account can be treated as inoperative account only after 2 years from the date of the 3. Crossed Cheque last credit entry of interest on Fixed Deposit account, where Crossing of cheque means drawing two parallel lines on the FD interest is being credited to SB account or where face of the cheque with or without additional words like "& dividend on shares is being credited). CO." or "Account Payee" or "Not Negotiable". A crossed cheque cannot be encashed at the cash counter of a bank but TERMS RELATING TO DEPOSITS it can only be credited to the payee's account. Unclaimed Deposits: The banks are to furnish to RBI a statutory annual return (penalty for delay) for unclaimed 4. Ante-Dated Cheque accounts which have not been operated for a period of 10 If a cheque bears a date earlier than the date on which it is years or more in December every year u/s 26 of RBI Act. presented to the bank, it is called as "ante-dated cheque". Demand liabilities Such a cheque is valid upto 3 months from the date of the cheque.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 5. Post-Dated Cheque lines will not constitute crossing. Such instruments should If a cheque bears a date which is yet to come (future date) not be paid as drawer’s mandate is not clear. then it is known as post-dated cheque. A post dated cheque Crossing is applicable in case of cheques & demand cannot be honoured earlier than the date on the cheque. draftonly & does not cover BOE or promissory note.

6. Stale Cheque TYPES OF CROSSING If a cheque is presented for payment after 3 months from General crossing (sec 123) the date of the cheque it is called stale cheque. A stale General crossing is where a cheque bears across its face two cheque is not honoured by the bank. parallel transverse lines (with or without words such as “& co” or any abbreviation. (Words not important, lines are). 7. A self cheque Special crossing (sec 124) A self cheque is written by the account holder as pay self to Where a cheque bears across its face, name of bank, either receive the money in the physical form from the branch with or without the words not-negotiable (lines are not where he holds his account. important, the addition of name of the bank is important), that addition shall be deemed as special crossing & the 8. “A truncated cheque” means a cheque which is truncated cheque be considered to be crossed specially to banker. during the course of a clearing cycle, either by the clearing house or by the bank whether paying or receiving Special Crossing in favour more than one bank payment, immediately on generation As per Section 127, if a cheque is crossed specially to more of an electronic image for transmission. than one bank (unless one bank is acting as collecting agent The expression “clearing house” means the clearing house to another), the payment shall be refused. A cheque crossed managed by the RBI or a clearing house recognised as such to two or more branches of the same bank is considered to by the RBI.’ be crossed to one bank only.

Parties of a Cheque: Not negotiable crossing There are three parties to the cheque As per Section 130, a person taking a cheque crossed Drawer or Maker generally or specially bearing the words ‘not negotiable’ The bank - on whom the cheque is drawn (i.e. the bank shall not have not be capable of giving a better title to the with whom the account is maintained by the drawer) cheque than that, which ther p erson from whom he took it, Payee – Payee is the person whose name is mentioned on had. the chequeto whom or to whose order the money is directed to be paid. Demand Drafts Demand draft is defined as per Section 85 (a) of NI Act 1881 ENDORSEMENT as an order to pay money drawn by one office of a bank As per Section 15, endorsing means signing on the face or upon another office of the same bank for a sum of money backside of an instrument (or even on a paper called payable to order on demand. Allonge or stamped paper), for the purpose of negotiating Important features of a demand draft are: (transferring to next person) a negotiable instrument. It is payable to order on demand (85-A NI Act). Endorsement in full It cannot be issued as payable to bearer (Sec. 31 RBI If an endorser signs his name&adds a direction to pay the Act). amount mentioned in the instrument to, or to order of, a If a bank fails to honour a bank draft, it renders itself specified person, the endorsement is said to be in full. Blank liable for damages. Similarly, omission of signatures or endorsements can be converted into full. wrong signatures can also make the bank liable. By prior arrangement, the paying bank could be a Restrictive endorsement different bank also. Where an endorsement prohibits & restricts further negotiability of the instrument, it is called restricted BANKING OMBUDSMAN SCHEME 2006 endorsement. The Scheme enables a bank customer for filing of The words ‘Pay to Ashish only’ or ‘Pay to Ashish for my complaints relating to certain services rendered by banks. use’ or ‘Pay to Ashish for account of B’, are the cases of 1) The Banking Ombudsman is a senior official appointed restrictive endorsement. by the Reserve Bank of India to redress customer Crossing complaints against deficiency in certain banking Crossing of a cheque means two parallel transverse lines on services. the face with or without words, such as ‘& Co’, ‘not- negotiable’, ‘payee’s account only’ etc. The words without 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 2) All Scheduled Commercial Banks, Regional Rural The RBI in 2005-06 called upon Indian banks to design Banks&Scheduled Primary Co-operative Banks are a ‘no frills account’ – a no precondition, low ‘minimum covered under the Scheme. balance maintenance’ account with simplified KYC 3) The Banking Ombudsman does not charge any fee for (Know Your Customer) norms. filing&resolving customers’ complaints. But all the existing ‘No-frills’ accounts opened were 4) The maximum compensation which a BO can help a converted into BSBDA in compliance with the complainant to get is Rs. 20 lakhs. guidelines issued by RBI in 2012. 5) If a complaint is not settled by an agreement within a period of one month, the BO proceeds further to pass BSBDA an award. Before passing an award, the BO provides In 2012, RBI introduced BSBDA. Some important points are: reasonable opportunity to the complainant&the bank, This account shall not have the requirement of any to present their case. minimum balance. 6) If one is not satisfied with the decision passed by the The services available in the account will include: BO, one can approach the appellate authority who is the deposit&withdrawal of cash at bank branch as well as Deputy Governor of the RBI. ATMs; receipt/credit of money through electronic payment channels or by means of deposit/collection of FINANCIAL INCLUSION 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 area Some Important initiatives for Financial Inclusion allotted to them&carry out banking. They help villagers to Lead banking scheme (LBS). open bank accounts, in banking transactions etc. No frills account. Business Correspondents get commission from bank for BSBDA every new account opened, every transaction made via Business Correspondents (BC) system. them, every loan-application processed etc. Swabhiman Campaign PMJDY LENDING RATES Base Rate Lead Bank Scheme RBI decided that banks should switch over to Base Rate Lead Bank Scheme, introduced towards the end of system w.e.f. 1.7.2010. 1969, envisages assignment of lead roles to individual Banks may determine their actual lending rates w.r.t. banks (both in public sector&private sector) for the Base Rate. districts allotted to them. No loan can be sanctioned below base rate. A bank having a relatively large network of branches in Exempted accounts: The following loans could be the rural areas of a given district&endowed with priced without reference to Base Rate: (a) DRI loans (b) adequate financial&manpower resources has generally loans to banks’ own employees (c) loans to banks’ been entrusted with the lead responsibility for that depositors against their own deposits. district. Accordingly, all the districts in the country have been allotted to various banks. Marginal Cost Based Lending Rate The lead bank acts as a leader for coordinating the RBI introduced MCLR w.e.f. 1.4.2016 to determine Base efforts of all credit institutions in the allotted districts. Rate by banks to improve the efficiency of monetary policy transmission. No Frill Account All rupee loans sanctioned&credit limits renewed w.e.f. 'No Frills 'account is a basic banking account. Such 01.04.16 to be priced w.r.t. MCLR. It will be internal account requires either nil minimum balance or very benchmark. low minimum balance. Charges applicable to such The MCLR comprises of (a) Marginal cost of funds; (b) accounts are low. Negative carry on account of CRR; (c) operating costs; (d) Tenor premium.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS 2017 Marginal Cost of funds (MCF): It has 2 components (a) The following loans can be priced without being linked Marginal cost of borrowings (b) return on networth. to MCLR : By using MCF, it will be calculated as: a) Loan to depositors against their own deposits. Required CRR × (marginal cost) / (1-CRR) b) Loan to banks’ employees&Chief Executive Officer/Whole Time Directors. Exemptions from MCLR c) Loans linked to a market determined external loans under schemes of Govt. of India wherein banks benchmark. have to charge interest rate as per the scheme. d) Fixed rate loans. In case of hybrid loans where the Working Capital Term Loan, Funded Interest Term interest rates are partly fixed&partly floating, interest Loan etc. as part of rectification/restructuring package. rate on the floating portion should adhere to the MCLR Loans under various refinance schemes of Govt. of guidelines. India or any Govt. Undertaking wherein banks charge interest at the rates prescribed under the schemes.

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

MONEY MARKET It is a market for short-term debt securities, such as commercial paper, repos, negotiable certificates of deposit,&Treasury Bills with a maturity of one year or less.

CAPITAL MARKETS IN INDIA It is the market for long term funds. It refers to all the facilities & institutional arrangements for borrowing & lending medium & long term funds. RBI revises priority sector lending norms for RRBs Salient features of the guidelines:- Money Market VS Capital Market Targets: 75 % of total outstanding to the sectors eligible Money Market Capital Market for classification as priority sector lending. Market for short term Market for long term Categories of the Priority Sector: Medium Enterprises, financial assets financial assets Social Infrastructure&Renewable Energy will form part Maturity period less than Maturity period beyond of the Priority Sector, in addition to the existing one year one year categories, with a cap of 15% of total outstanding. Deals over the counter Deals at stock exchange Agriculture: 18% of total outstanding should be No. of players limited No. of players unlimited advanced to activities mentioned under Agriculture. Regulated by RBI Regulated by SEBI Small & Marginal Farmers: A target of 8% of total

outstanding has been prescribed for Small&Marginal Major money market Instruments Farmers within Agriculture. Certificate of Deposit (CD) Micro Enterprises: A target of 7.5 % of total Commercial Paper (CP) outstanding has been prescribed for Micro Enterprises. Inter Bank Participation Certificates Weaker Sectors: A target of 15 % of total outstanding Inter Bank term Money has been prescribed for Weaker Sections. Treasury Bills

Monitoring: Priority Sector Lending will be monitored Bill Rediscounting on a quarterly as well as annual basis. Call/Notice Money Note: The revised guidelines will be operational with effect from Jan 2016. Terms relating to Money Market Call Money Money lent or borrowed for one day REVERSE MORTGAGE LOAN Notice Money Money lent or borrowed for a period of The scheme of reverse mortgage has been introduced for 2-14 days. the benefit of senior citizens owning a house but having Term Money Money lent or borrowed for 15 daysto 1 inadequate income to meet their needs. Some important year. features of reverse mortgage are: Yield to Expected rate of return on an existing A homeowner who is above 60 years of age is eligible maturity security purchased for the market. for reverse mortgage loan. It allows him to turn the Coupon Rate Specified interest rate on a fixed equity in his home into one lump sum or periodic maturity security fixed at the time of payments mutually agreed by the borrower&the banker. issue. NO REPAYMENT is required as long as the borrower

lives, Borrower should pay all taxes relating to the CALL/NOTICE MONEY MARKET OPERATIONS house&maintain the property as his primary residence. 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 Under call money market, funds are transacted on WMAs were introduced as per an agreement between overnight basis & under notice money market, for 2 RBI & Govt. days to 14 days. WMAs are temporary overdrafts by RBI to govt. (Central Participants include banks (excluding RRBs) & Primary & State) under Section 17(5) of RBI Act. WMSs replaced Dealers (PDs), both as borrowers & lenders. Non-bank the earlier ad hoc T-Bills system. institutions are not permitted in the call/notice money WMAs bridge the time interval of mismatch between market with effect from August 6, 2005. govt. expenditure&receipts. Calculation of interest payable is based on FIMMDA’s Duration: 10 consecutive working days for Central (Fixed Income Money Market & Derivatives Govt.&14 days for State Govt. Association of India) Handbook of Market Practices. OTHER MONEY MARKET INSTRUMENTS INSTRUMENT OF GOVT. BORROWING To meet the temporary receipt & expenditure CERTIFICATE OF DEPOSIT mismatch, govt. obtains over draft from RBI under This scheme was introduced in July 1989, to enable the Ways & Means Advances. For short term liquidity, it banking system to mobilize bulk deposits from the issues cash management bills, treasury bills of 91 days, market, which they can attract at competitive rates of 182 days & 364 days maturity. For long term funds, it interest. uses dated securities in the form of bonds/long term Who can Scheduled commercial banks (except loans. issue RRBs) & All India Financial Institutions within their ‘Umbrella limit’. TREASURY BILLS CRR/SLR Applicable on the issue price in case of These are the instruments (in the form of promissory banks notes) of short term borrowing by the Central govt., Investors Individuals (other than minor), first issued in India in 1917. corporations, companies, trusts, funds, TBs can be purchased by any one (including associations etc. individuals) except State govt. Min: 7 daysMax : 12 Months (in case of Minimum amount of face value Rs. 25000 & in Maturity FIs minimum 1 year&maximum 3 years). multiples thereof. Maturity: 91 days, 182 days & 364 days. Amount Min: Rs. 1 lac, beyond which in multiple Treasury bills are zero coupon securities. They are of Rs. 1 lac issued at a discount&redeemed at face value at Int. Rate Market related. Fixed or floating maturity. Loan Against collateral of CD not permitted

Nature Usance Promissory note. Can be issued in Cash Management Bills (CMB) Dematerialisation form only wef June 30, CMB introduced on 11.08.11, is a short-term security to 2002 be sold by Govt. of India to raise temporary money for cash management needs.

The tenure is less than 91 daysbut the notified amount&date of issue depends upon the temporary COMMERCIAL PAPER cash requirement of the Govt. i. CP introduced during 1990, is a short term money market It is issued at discount to the face value through instrument issued as an unsecured usance promissory auctions, as in the case of the Treasury Bills. note&privately placed.

ii. Who can issue Commercial paper (CP): Companies, DATED SECURITIES primary dealers (PDs)&all-India financial institutions (FIs). These are long term securities & carry a fixed or iii. A company is eligible to issue CP if: floating coupon (interest rate) paid on the face value, (a) Its tangible net worth, as per latest audited balance sheet, payable at fixed time periods (half-yearly). is not less than Rs. 4 crore. The tenor of dated securities can be up to 40 years. (b) Sanctioned working capital limit by bank/s or all-India Public Debt Office of RBI acts as the financial institution/s; registry/depository of Govt. securities & deals with the (c) The borrower accounts are classified as a Standard Asset issue, interest payment & repaymentof principal at by financing bank/s/ institution/s&‘ maturity. (d) Minimum credit rating from SEBI approved credit

WAYS & MEANS ADVANCES (WMAs) rating agency (CRA) is A3. iv. Maturity: Min 7 days & max upto one year

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 v. Amount: Min Rs. 5 lakh or multiples thereof. income & subtracting liabilities & dividing the result by the number of shares outstanding. MERCHANT BANKING Open ended scheme: A scheme is the one which Merchant banking stands for providing various services continuously offers its units&buys them back from relation to capital market&financing the corporate sector. investors. The Merchant Bankers provide consultancy to the corporate sector on the issues like finance, capital structure&investment, mergers, takeover&amalgamations, establishing coordination between the govt.&the corporate sector.

CAPITAL MARKETS IN INDIA a) It refers to all the facilities & institutional arrangements for borrowing&lendingmedium & long-term funds. b) It is segregated into (i) gilt edged market&(ii) the industrial securities market. c) The gilt edged marketrefers to the market for govt. & semi-govt. securities which are traded in the market in DICGC (Deposit Insurance & Credit Guarantee stable value&are sought after by banks&other institutions. Corporation of India) d) The industrial securities market refers to the market for 1. Which banks are insured by the DICGC? shares&debentures of old as well as new companies. This All commercial banks including branches of foreign market is further divided as primary market&secondary banks functioning in India, local area banks®ional market. rural banks are insured by the DICGC. The primary market refers to the setup which helps the 2. What does the DICGC insure? industry to raise funds by issuing different types of It insures all deposits such as savings, fixed, current, securities, which are issued directly to the investors, both recurring, etc. except the following types of deposits. individual&institutions. (i) Deposits of foreign Govt.s; The secondary market refers to the network for (ii) Deposits of Central/State Govt.s; subsequent sale&purchase of securities, after these are (iii) Inter-bank deposits; issued. (iv) Deposits of the State Land Development Banks with the State co-operative bank; INDIAN DEPOSITORY RECEIPTS (IDRs) (v) Any amount due on account of any deposit received IDR is an instrument in the form of a Depository Receipt outside India created by the Indian depository in India against the (vi) Any amount, which has been specifically exempted underlying equity shares of the issuing company. In an IDR, by the corporation with the previous approval of foreign companies would issue shares, to an Indian Reserve Bank of India. companies would issue shares, to an Indian Depository 3. What is the maximum deposit amount insured by the which would in turn issue depository receipts to investors DICGC? in India. Each depositor in a bank is insured upto a maximum of Rs.1,00,000 for both principal & interest amount held by MUTUAL FUND TERMS him in the same capacity. Asset Management Company: A company formed & 4. HQ: Mumbai Chairman: NS Vishwanathan registered under the Companies Act 1956 & approved as such by the SEBI to manage the funds of a mutual fund. NPA-Non-Performing Asset & SARFAESI Under an agreement (with the trustees of the Mutual It means once the borrower has failed to make interest or Fund), an AMC undertakes to formulated mutual funds principal payments for 90 days, the loan is considered to be schemes, distribute income as per agreement. a non-performing asset. Close-ended scheme: A scheme where funds are raised for a fixed period. The scheme is wound up after that Criteria for classification of loan as NPA period&funds are returned with capital appreciation to Farm Credit within Agriculture loans: A loan will be unit holders. Normally, a close-ended scheme is listed on treated as an NPA if installment of the principal or a stock exchange. interest remains unpaid beyond the due date for (a) two Net asset value: The price of value of one share of a fund. crop seasons in case of short duration crops (maturing It is calculated by summing the quoted values of all the within one year)&(b) one crop season for long duration securities held by the fund, adding in cash & any accrued crops (maturing after one year). This would also be 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 applicable, mutatis mutandis, to agricultural term loans. Hypothecation Pledge In other agriculture loans, the 90 days norm would be Defined in SARFAESI Act 2002 Indian Contract Act applicable. (Sec 2 n) 1872 (section 172) Definition Charge on movable Bailment of goods SARFAESI Act & Rules property in favour as security for SARFAESI Act (The Securitization&Reconstruction of of secured creditor payment of a debt Financial Assets & Enforcement of Security Interest Act, without delivery of or performance of 2002) was enacted to regulate securitization & possession promise reconstruction of financial assets & enforcement of security Parties: Hypothecator Pledger / pawner interest created in respect of Financial Assets to enable -Borrower Hypothecate Pledger / pawnee realization of such assets. -Bank The Act provides for the manner for enforcement of Nature of Movable assets Goods security interests by a secured creditor without the securities such as stocks, intervention of a court or tribunal. machinery, vehicles If any borrower fails to discharge his liability in repayment Possession Borrower (in trust Possession with of any secured debt within 60 days of notice from the date for bank). Bank bank till repayment of notice by the secured creditor, the secured creditor is cannot take of the loan. Bank conferred with powers under the SARFAESI Act to possession without has to preserve the a) Takes possession of the secured assets of the borrower, consent of the goods including transfer by way of lease, assignment or sale, borrower. On carefully&return for realizing the secured assets taking possession the same, if loan is b) Takeover of the management of the business of the bank gets rights of repaid. borrower including the right to transferby way of lease, pledge&can sell the assignment or sale for realizing the secured assets, assets without c) Appoint any person to manage the secured assets intervention. possession of which is taken by thesecured creditor, and d) Require any person, who has acquired any of the MORTGAGE secured assets from the borrower andfrom whom As per section 58 of Transfer of Property Act 1882, mortgage money is due to the borrower, to pay the secured is transfer of interest in specific immovable property for the creditor so much of the money as if sufficient to pay the purpose of securing the payment of money advanced or to secured debt. be advanced by way of loan, an existing or future debt or the performance of an engagement which may give rise to The assets portfolio of the banks is required to be pecuniary liability. classified as (1) standard assets (2) sub-standard assets ATM (3) doubtful assets (4) loss assets. Q.1 What is an Automated Teller Machine (ATM)? Standard asset is one that does not disclose any Ans. Automated Teller Machine is a computerized machine problems&which does not carry more than normal risk that provides the customers of banks the facility of attached to the business. accessing their account for dispensing cash&to carry out An asset which has been classified as NPA for a period other financial & non-financial transactions without the not exceeding 12 months is considered as sub-standard need to actually visit their bank branch. asset. Doubtful asset is one which has remained NPA for a Q.2 What is White Label ATMs (WLAs)? period exceeding 12 months. Ans. ATMs set up, owned&operated by non-banks are An asset which is considered uncollectible&loss has been called White Label ATMs. Non-bank ATM operators are identified by the bank or internal or external auditors or authorized under Payment & Settlement Systems Act, 2007 the RBI inspection&the loss has not been written off is by the Reserve Bank of India. regarded as loss asset. Q.3. Is there any time limit for the card issuing banks for What is pledge: U/s 172 of Indian Contracts Act, pledge is recrediting the customers account for a failed ATM/WLA bailment (delivery) of goods as security for payment of a transaction? loan. Only goods (movable assets excluding actionable Ans. As per the RBI instructions, banks have been claims (Sec 2(7) of Sales of Goods Act) can be pledged. mandated to resolve customer complaints by re-crediting the customer’s account within 7 working days from the date HYPOTHECATION/PLEDGE-DISTINCTION of complaint. 77 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 2. These notes can be exchanged at select bank branch till Q.4. Are the customers eligible for compensation for 30.06.16. delays beyond 7 working days? Ans. Yes. Effective from July 1, 2011, banks have to pay NATIONALISATION OF BANKS compensation of Rs. 100/- per day for delays in re-crediting Nationalisation of Imperial Bank of India&its conversion the amount beyond 7 working days from the date of receipt into State Bank of India in July 1955. of complaint for failed ATM transactions. The Conversion of 8 major State-associated banks into compensation has to be credited to the account of the subsidiary banks of SBI in 1959. customer without any claim being made by the customer. If Nationalisation of 14 Indian scheduled banks in July 1969. the complaint is not lodged within 30 days of transaction, Nationalisation of 6 more banks in April 1980 & New the customer is not entitled for any compensation for delay Bank of India merged into Punjab National Bank. in resolving his / her complaint. TRANSFER SYSTEM IN BANKING SECTOR CURRENCY IN INDIA Money as a means of payment consists of coins, paper Real Time Gross Settlement (RTGS) money & withdrawable bank deposits. RTGS implemented w.e.f. 26.03.2004 is a centralized Legal tender: As per provisions of coinage Act 1996, bank payment system operated by RBI. In RTGS inter-bank notes, currency notes&coins (Rs. 1&above) are legal tender payment instructions are processed & settled, on gross for unlimited amount. The subsidiary coins (below Re 1) are basis in a real time environment. legal tenders for sum not exceeding Re 1. Issue of 1, 2&3 It uses Indian Financial Network (INFINET) & SFMS paise coins discontinued wef Sep 16, 1981. platforms. RTGS is regulated by RTGS System Regulations, 2013. What do you know by currency chest? Currency chests are operated by RBI so that they can National Electronic Funds Transfer (NEFT) provide good quality currency notes to the public. RBI operationalisedNEFTSystem in Nov 2005. It facilitates However, RBI has appointed commercial banks to transfer of funds from any bank branch to any other bank open&monitor currency chests on behalf of RBI. The cash branch. kept in currency chests is considered to be kept in RBI. Amount: There is no lower/upper value limit. Bank account: NEFT is an account to account transfer What is a small coin depot? system. The remitter&beneficiary should have a bank The bank branches are also authorised to establish Small account. Coin Depots to stock small coins. The Small Coin Depots also distribute small coins to other bank branches in their Processing Charges/Service Charges area of operation. 1. Banks cannot levy any charges for inward NEFT, 2. For outward NEFT: Up to Rs. 10000 = Rs. 2.50, above Rs. What are soiled, mutilated&imperfect banknotes? 10000 to Rs. 1 lac = Rs. 5. Above Rs. 1 lac to Rs. 2 lac = "Soiled note" means a note which, has become dirty due Max Rs. 15&above Rs. 2 lac = Max Rs. 25 (w.e.f. to usage & also includes a two piece note pasted together 13.07.2012). wherein both the pieces presented belong to the same CENTRALIZED FUNDS MANAGEMENT SYSTEMS note, & form the entire note. (CFMS) Mutilated banknote is a banknote, of which a portion is CFMS was operated & maintained by RBI to enable missing or which is composed of more than two pieces. operations on current accounts maintained at various Imperfect banknote means any banknote, which is offices of the RBI, through standard message formats in a wholly or partially, obliterated, shrunk, washed, altered secure manner. or indecipherable but does not include a mutilated banknote. NEPAL REMITTANCE SCHEME It is a cross-border one-way remittance facility scheme, for Pre-2005 series Banknotes remittance from India to Nepal. The banknotes issued before 2005 MG series are called pre- Amount: Up to Indian Rs. 50,000 from NEFT branches. 2005 series banknotes, which do not have the year of Beneficiary will receive funds in Nepalese rupees. printing on the reverse side. On Jan 23, 2014, RBI decided to withdraw, from circulation, these notes as they have fewer CORE BANKING SOLUTIONS security features. Core Banking Solutions (CBS) or Centralised Banking 1. These notes shall continue to be legal tender. The notes Solutions is the process which is completed in a centralized are only being withdrawn from circulation. environment i.e. under which the information related to the 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 customer’s account (i.e. financial dealings, profession, Loans up to Rs.100 lakh can be extended against income, etc.) is stored in the Central Server of the bank (that security of funds held in NRE Account either to the is available to all networked branches) instead of the branch depositors or third parties. server. Foreign Currency Non-Resident (Bank) Account – FCNR Accounts for Foreign (Currency/Person) in India (B) Account a) NRO A/c (Foreign Tourist) FCNR (B) accounts are only in the form of term deposits Foreign tourists during their short visit to India can of 1 to 5 years open a Non-Resident (Ordinary) Rupee (NRO) account Account can be in any freely convertible currency. (Current / Savings) with any Authorised Dealer bank Loans up to Rs.100 lakh can be extended against dealing in foreign exchange. security of funds held in FCNR (B) deposit either to the Can be opened up to a maximum period of 6 months. depositors or third parties. All payments to residents exceeding INR 50,000 can be The interest rates are stipulated by the Department of made only by means of cheques / pay orders / DDs. Banking Operations & Development, RBI. b) EEFC A/c How Ranting done to Banks in India Exchange Earners' Foreign Currency Account (EEFC) is RATING OF BANKS an a/c maintained in foreign currency with Authorised RBI’s 1995 working group headed by Sh. S. Padmanabhan Dealer. suggested method for rating. It is a facility provided to foreign exchange earners, RBI rates the banks on a 5 point scale of A to E, widely on including exporters, to credit 100% of their foreign the lines of international CAMELS rating model for exchange earnings to the a/c, so that the account domestic banks&CALCS model for foreign banks. holders do not have to convert foreign exchange into Rupees, thereby minimizing the transaction costs. CAMELS Rating for Domestic Banks All categories of foreign exchange earners, such as C Capital adequacy ratio individuals, companies, etc. who are resident in India, A Asset quality may open EEFC accounts. M Management Effectiveness It can be held only in the form of a current account. No E Earning (i.e. profitability) interest is payable on EEFC accounts. L Liquidity (asset-liability management) S System&controls ACCOUNTS FOR NRI/PIO Non-Resident Ordinary Rupee Account (NRO Account) Rating parameters for foreign banks NRO accounts may be opened / maintained in the form C Capital adequacy ratio of current, savings, recurring or fixed deposit accounts. A Asset quality Interest rates offered by banks on NRO deposits cannot L Liquidity be higher than those offered by them on comparable C Compliance 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 Supervision, overdrawings in NRE savings bank accounts, up to a limit of Rs. 50,000. 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 to strengthen the regulation, supervision&risk iii. Deposit insurance facility of Deposit Insurance & management of the banking sector". Credit Guarantee Corporation is not available to Basel 3 measures aim to: depositors of NBFCs, unlike in case of banks. a) Improve the banking sector's ability to absorb shocks Register with RBI: arising from financial & economic stress, whatever the A company incorporated under the Companies Act, source 1956&desirous of commencing business of non-banking b) Improve risk management & governance financial institution as defined under Section 45 I(a) of the c) Strengthen banks' transparency & disclosures. RBI Act, 1934 should comply with the following: a) It should be a company registered under Section 3 of the Three Pillars of Basel 3 companies Act, 1954 b) It should have a minimum net owned fund of Rs 200 Pillar 1: Minimum Regulatory Capital Requirements lakh. based on Risk Weighted Assets (RWAs): Maintaining capital calculated through credit, Deposits in NBFC: market&operational risk areas (mainly that capital a) Presently, the maximum rate of interest an NBFC can which can absorb risk.) offer is 12.5%. The interest may be paid or compounded at rests not shorter than monthly rests. Pillar 2: Supervisory Review Process: b) NBFCs are allowed to accept / renew public deposits Regulating tools&frameworks for dealing with for a minimum period of 12 months & maximum period peripheral risks that bank face. of 60 months. They cannot accept deposits repayable on demand. Pillar 3: Market Discipline: c) The deposits with NBFCs are not insured. Increasing the disclosures that banks must provide to d) The repayment of deposits by NBFCs is not guaranteed increase the transparency of banks by RBI.

Important Facts related to BASEL 3 TYPES OF MONEY Minimum Ratio of Total Capital To RWAs--10.50% Commodity Money - Commodity money value is derived from the commodity out of which it is made. The Minimum Ratio of Common Equity to RWAs--4.50% to commodity itself represents money, & the money is the 7.00% commodity. Tier I capital to RWAs--6.00% Representative Money - is money that includes token Core Tier I capital to RWAs--5.00% coins, or any other physical tokens like certificates, that can Capital Conservation Buffers to RWAs--2.50% be reliably exchanged for a fixed amount/quantity of a Leverage Ratio--3.00% commodity like gold or silver. Countercyclical Buffer--0% to 2.50% Fiat Money - Fiat money, also known as fiat currency is the money whose value is not derived from any intrinsic value NBFC or any guarantee that it can be converted into valuable Non-Banking Financial Company (NBFC) is a company commodity (like gold). Instead, it derives value only based registered under the Companies Act, 1956 engaged in the On govt. order (fiat) business of loans & advances, acquisition of Commercial Bank Money - Commercial bank money or the shares/stocks/bonds/debentures/securities issued by demand deposits are claims against financial institutions Govt. or local authority or other marketable securities of a which can be used for purchasing goods & services. like nature, leasing, hire-purchase, insurance business, chit fund business. Reserve Money (M 0) Currency in circulation + Bankers‘ ‘deposits with the RBI + Difference between BANK & NBFC: ‘Other’ deposits with the RBI = Net RBI ‘credit to the Govt. NBFCs lend & makeinvestments & hence their activities are + RBI credit to the commercial sector + RBI's claims on akin to that of banks; however there are a few differences as banks + RBI's net is foreign assets + Govemment’s currency given below: liabilities to the public - RBI's net non-monetary 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 = Net bank credit to the Govt. + Bank credit to the Commercial sector + Net foreign assets of the banking 80 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 sector + Goveinment’s currency liabilities to the public - Net 36. IMPS - Interbank Mobile Payment Service (IMPS) or non-monetary liabilities of the banking sector. Immediate Payment Service M4=M3 +All deposits with post office savings banks 37. CDR- Corporate Debt Restructuring (excluding National Savings Certificates) 38. CAD- Capital Account Deficit 39. REITs: Real Estate Investment Trusts Note: 40. InvITs: Infrastructure Investment Trusts Bhartiya Reserve Bank Note Mudran Private Limited 41. ALM- Asset Liability Management (BRBNMPL) 42. ASBA: Application Supported by Blocked Amount RBI established BRBNMPL in February 1995 as a wholly- 43. PIN: Personal Identification Number owned subsidiary to augment the production of bank notes 44. CECA: Comprehensive Economic Cooperation in India&to enable bridging of the gap between Agreement supply&demand for bank notes in the country. 45. CEPA: Comprehensive Economic Partnership Agreemeny BANKING ABBREVIATIONS 46. DTAA – Double Taxation Avoidance Agreement 1. PSBs: Public Sector Banks 47. EFSF – European Financial Stability Facility 2. SNBCs: Schedule Non Commercial Banks 48. FINO- Financial Inclusion Network Operation 3. SENSEX: Sensitive Index Of Stock Exchange 49. FIPB – Foreign Investment Promotion board 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 Awareness for Livelihood Promotion programme 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 79. STRIVE- Skill Strengthening for Industrial Value 3) What is NOSTRO Account? Enhancement A Nostro account is maintained by an Indian Bank in the 80. NTA- National Testing Agency foreign countries. 81. ICDS- Integrated Child Development Services 4) What is VOSTRO Account? 82. TIES- Trade Infrastructure for Export Scheme A Vostro account is maintained by a foreign bank in India 83. FIPB- Foreign Investment Promotion Board with their corresponding bank. 84. CERT-Fin- Computer Emergency Response Team for 5) What is BCBS? our Financial Sector Basel Committee on Banking Supervision is an institution 85. IRFC- Indian Railway Finance Corporation Limited created by the Central Bank governors of the Group of Ten 86. FFO- Further Fund Offering nations. 6) What is LIBOR? London InterBank Offered Rate. An interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. 7) What is STRIPS? Separate Trading for Registered Interest & Principal Securities. 8) What do you mean by term “CASA” related to bank? CASA stands for Current Account Savings Account. The CASA ratio shows how much deposit a bank has in the form of current&saving account deposits in the total deposit. A higher CASA ratio means better operating efficiency of the bank. IMPORTANT BANKING TERMS Note: The CORE word in CBS stands for Centralized Online Moral Suasion: Moral Suasion is just as a request by the RBI Realtime Exchange. to the commercial banks to take so & so action & measures in so & so trend of economy. RBI may request commercial IMPORTANT CODES USED IN BANKING banks not to give loans for unproductive purpose which IFSC (Indian Financial System Code) does not add to economic growth but increases inflation. Indian Financial System Code is an alpha-numeric code Bouncing of a cheque: Where an account does not have that uniquely identifies a bank-branch participating in the sufficient balance to honour the cheque issued by the NEFT system. customer, the cheque is returned by the bank with the This is an 11 digit code with the first 4 alpha characters reason "funds insufficient" or "Exceeds arrangement". This representing the bank, The 5th character is 0 (zero) & the is known as 'Bouncing of a cheque'. last 6 characters representing the bank branch. Demat Account: The term "demat", in India, refers to a For ex: PNBN0014976 : dematerialised account for individual Indian citizens to First 4 character PNBN – refers to Punjab National Bank. trade in listed stocks or debentures. 0 is a control number. Capital Adequacy Ratio (CAR): Capital adequacy ratio Last six characters (014976) represents the branch measures the amount of a bank’s capital expressed as a %age of its credit exposure. Globally, the capital MICR – Magnetic ink character Recognition adequacy ratio has been developed to ensure banks can MICR is 9-digit numeric code that uniquely identifies a absorb a reasonable level of losses before becoming bank branch participating in electronic clearing scheme. insolvent. Indian banks are expected to maintain a Used to identify the location of a bank branch. minimum capital adequacy ratio of 9 % (Rs 9 as capital for City (3) Bank (3) Branch (3) every Rs 100 in loan or asset) It is allotted to a bank branch is printed on the MICR band of cheques. MICR used for electronic credit system. IMPORTANT BANKING CONCEPTS 1) What is Balance of Trade? SWIFT Code: Society for Worldwide Interbank financial The value of a country’s exports minus the value of its tele-communication imports. Unless specified as the balance of merchandise India was 74th Nation to join SWIFT Network. trade, it normally incorporates trade in services, including SWIFT Code is a standard format of bank Identifier code. earnings (interest, dividends, etc.) on financial assets. This code is used particularly in International transfer of 2) What is Balance of Payments? money between banks. A list of all of a country’s international transactions for a A majority of FOREX related message are sent to given time period, usually one year. correspondent banks abroad through SWIFT. 82 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 SWIFT Code consist 8 or 11 character when code is 8 digit, Green banking- Promoting environmental-friendly It is referred to primary office. practices&reducing your carbon footprint from your 4 – bank code banking activities. 2 – country code Retail Banking- Retail banking refers to the division of 2 – location code a bank that deals directly with retail customers. 3 – branch code (optional) Wholesale banking-Wholesale banking is the provision of services by banks to organisations such as Headquarters of NATIONALIZED/PSBs BANKS Mortgage Brokers, large corporate clients, mid-sized • Allahabad Bank-Kolkata companies, real estate developers&investors, • Bank of India -Mumbai international trade finance businesses etc. • Bank of Maharashtra -Pune Universal Banking • Canara Bank -Bangalore R H Khan committee & recommended the concept of • Central Bank of India -Mumbai Universal Banking. It means allowing Fls& banks to • Corporation Bank -Mangalore undertake all types of banking or development • Dena Bank -Mumbai financing activity, subject to compliance of • Indian Bank- Chennai statutory&other requirements of RBI, Govt.& related • Indian Overseas Bank- Chennai legal Acts.

• Oriental Bank of Commerce- Gurgaon Islamic Banking: An Islamic bank is a deposit-taking banking institution whose scope of activities excluding • Punjab National Bank- New Delhi borrowing&lendingon the basis of interest. • Punjab & Sind Bank- New Delhi

• State Bank of India- Mumbai FINANCIAL INSTITUTIONS • Syndicate Bank- Manipal

• UCO Bank- Kolkata National Bank for Agriculture&Rural Development • Union Bank of India- Mumbai Established on 12th July 1982 on the recommendation • United Bank of India- Kolkata of CRAFICARD committee (also called as • Vijaya Bank- Bangalore SivaramanComittee) • Andhra Bank- Hyderabad For Agricultural finance, It is the apex organization. • Bank of Baroda- Vadodra Chairman: Dr. Harsha Kumar Bhanwala • IDBI Bank- Mumbai Head Quarters: Mumbai • IPPB- New Delhi Rural Infrastructure Development Fund (RIDF) is operated by NABARD, instead in April 1995. FINANCIAL REGULATORS NABARD is the "Micro-Finance Regulatory Authority"

Chit Funds Respective State Govt.s Small Industries Development Bank of India (SIDBI) Insurance companies IRDA Small Industries Development Bank of India (SIDBI in Housing Finance NHB short) was established in the year 1990 (Date : 2nd April Companies 1990) under the Small Industries Development 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 Nidhi Companies Ministry of corporate Securities&Exchange Board of India (SEBI) affairs, Govt. of India It is theregulator for the securitiesmarket in India. SEBI was initiallyestablished as a non statutory body in April TYPES OF BANKING 1988, to regulate theworking of stock exchange. Later Para banking- When Bank provides banking services itwas given a statutory status onApril 1992 via SEBI except the general banking facility. Act, 1992with the following objectives. Narrow Banking- When banks invest its money in Chairman- Ajay Tyagi govt. securities instead investing in market to avoid Head Quarters : Mumbai risk. Offshore Banking- Bank which accept currency of all REGIONAL RURAL BANK (RRB): countries.

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Regional Rural Bank Were Set Up By An Ordinance In Liquidity Adjustment Facility (LAF) was introduced by RBI 1975, Later Replaced By Rrbs Act, 1976 As Pre Banking during June, 2000 in phases, to ensure smooth Commission Recommendation In 1975. transition&keeping pace with technological upgradation. Father Of Rrb Is M.Swaminathan. Tenor: Reverse Repo auctions (for absorption of liquidity) The Govt. Of India Had Appointed A Working Group & Repo auctions (for injection of liquidity) are conducted On Rural Banks Under The Chairmanship Of Mr. M. on a daily basis (except Saturdays). Narasimham In 1975. First Rrbs Were Set Up On 2nd Cap: 0.25% of NDTL w.e.f. 01.04.14. Oct. Share Holder Contribution: Govt. Of India 50% Marginal Standing Facility (MSF) Sponsor Bank 35% State Govt. 15%. MSF was introduced w.e.f. May 09, 2011, by RBI. Eligibility: Scheduled Commercial Banks having Current EXIM BANK: Account & SGL Account with RBI. Export-Import (EXIM) Bank of India is the principal financial institution in India for coordinating the Amount: 1% of NDTL working of institutions engaged in financing export&import trade. CLEARING CORPORATION OF INDIA It is a statutory corporation wholly owned by the Govt. Clearing Corporation of India Limited (CCIL) was of India. incorporated on 30th April 2001, as the country’s first It was established on January 1, 1982 for the purpose of clearing house for the Govt. securities, forex&other related financing, facilitating&promoting foreign trade of 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, was CBLO, an RBI approved money market instrument, is 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 call 6 of National Housing Bank Act (1987). money market. The headquarters 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 to Securitisation of assets is an additional channel for recycling the Indian exporters. 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 set satisfaction&value to the customer. up on the lines of a similar set up in UK to oversee the Fair 2. Credit Card Business 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 financial card issue business. affairs&managerial policies. The tenure of the Council is 5 years&the appointment of the Council after 5 years would LIQUIDITY ADJUSTMENT FACILITY be with the concurrence of the RBI. 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 Rajeev Rishi is present Chairman of IBA & it’s headquarter is in Mumbai.

Prompt Corrective Action (PCA) To ensure that banks don't go bust, RBI has put in place some trigger points to assess, monitor, control & take corrective actions on banks which are weak & troubled. The process or mechanism under which such actions are taken is known as Prompt Corrective Action, or PCA.

What is PCA as per RBI? All Misconceptions Cleared RBI clarified that the PCA framework is not intended to constrain normal operations of the banks for the general KISAN VIKAS PATRA public. KPV are regulated by KVP Rules 2014, Scheme is available Under RBI's supervisory framework, it uses various through Post Offices&those banks that are authorized to measures/tools to maintain sound financial health of operate PPF scheme. banks. PCA framework is one of such supervisory tools. Denomination: Rs.1000, Rs.5000, Rs.10000&Rs.50000 It involves monitoring of certain performance indicators Types of certificates: Category Single, Joint A-Type&Joint of the banks as an early warning exercise & is initiated B-Type (E/S). once such thresholds as relating to capital, asset quality Maturity period: 115 Months etc. are breached. Rate of Interest: 7.5%. Its objective is to facilitate the banks to take corrective Rate of interest: Rs.1000 becomes double during the measures including those prescribed by the Reserve maturity period. Bank, in a timely manner, in order to restore their 1. Nomination facility, 2. Pledge for loan facility& 3. pre- financial health. mature payment after 2 years & 6 months subject to certain It provides an opportunity to the Reserve Bank to pay conditions, is eligible. 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 up conserving capital so that their balance sheets can become by Govt. of India for development&refinancing micro units’ stronger. 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 point a) CRAR/ Common Equity Tier I ratio for the next phase of graduation / growth to look forward CET ratio – the percentage of core equity capital, net of 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 ROA – the percentage of profit after tax to average total Indian Banks' Association (IBA) assets Indian Banks' Association (IBA) set up in 1946 with 22 C. Leverage would be monitored additionally as part of the members to discuss issues of common interests. Over PCA framework. the years, IBA emerged as the Voice of Indian Banking D. Breach of any risk threshold (as detailed under) would Industry. IBA adopts a consultative approach to give its result in invocation of PCA. views on any issue pertaining to banking sector. As on E. The PCA framework would apply without exception to December 28, 2015 the total Membership of the all banks operating in India including small banks & foreign Association is 237. banks operating through branches or subsidiaries based on Ordinary: 139 Associate: 98 Total: 237 breach of risk thresholds of identified indicators. 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 F. A bank will be placed under PCA framework based on 200 H Bright Sanchi 66 mm × the audited Annual Financial Results & the Supervisory Yellow Stupa 146 mm Assessment made by RBI. 500 - Stone Grey Red Fort 66mm x Currency Quick Facts 150mm Den. Letter Colour Motif Dimension 2000 - Magenta Mangalyaan 66mm x 50 - Fluorescent Hampi 66 mm x 166mm Blue with 135 mm Chariot STATIC GK CAPSULE 2017

MoU’s Signed ODI: (One day International): The Union Cabinet chaired by PM Shri Narendra Modi has 1. England - 2019 given the following set of approvals. The full list of Cabinet 2. India – 2023 Approvals are as follows: T20 World Cup: Memorandum of Cooperation (MoC) between India & 1. Australia - 2020. Japan on the "Technical Intern Training Program (TITP)" FIFA (Football) World Cup venue Signing of the MoC between India & Japan on 1. 2018: Russia establishing a Liquid, Flexible & Global LNG Market 2. 2022: Qatar MoU between SEBI & Financial Services Commission Commonwealth Games venues: (FSC), Gibraltar. 1. 2014 – Glasgow (Scotland). MoU between India & Belarus for Cooperation in the 2. 2018 – Gold Coast (Australia). field of Vocational Education & Training 3. 2022: Birmingham (England) Signing of MoU between Securities & Exchange Board of India (SEBI) & Capital Markets Authority (CMA), Olympics Games venues: Kuwait. 1. 2014 winter: Sochi (Russia) International Association of Marine Aids to Navigation 2. 2016 Summer: (Brazil) & Lighthouse Authorities (IALA) to change its status 3. 2018 winter: Pyeongchang (South Korea) from Non-Govt.al Organization to Inter-Govt.al 4. 2020 summer: Tokyo (Japan) Organization. 5. 2022 Winter: Beijing (China) MoU between India & Morocco on cooperation in the 6. 2024 Summer: Paris (France) field of water resources Revised pay scales of teachers & equivalent academic Asian Games host cities: staff in Universities/Colleges & centrally funded 1. 2014: Incheon (South Korea) (Note: 2010 Asain Games technical institutions. held in Guangzhou, China). SANKALP & STRIVE Schemes to boost Skill India 2. 2018: Jakarta, Indonesia Mission. 3. 2022: Hangzhou, China

Quick Facts Related to International Campaign to United Nations Headquarters Abolish Nuclear Weapons (ICAN) International Organizations Headquarters It is a coalition of non-govt.al organizations in one UNO (United Nations Org) New York hundred countries promoting adherence to & UNICEF New York implementation of the United Nations nuclear weapon UNCTAD Geneva ban treaty. WHO (World Health Org) Geneva ICAN began in Australia & was officially launched in ILO (International Labour Org) Geneva Vienna, Austria in 2007. WMO (World Meteorological Org) Geneva ICAN’s headquarters is in Geneva, Switzerland. World Intellectual Property Org Geneva Beatrice Fihn is the Executive Director of ICAN. International Standards Org. Geneva IMF Washington DC Venues for the upcoming Tournaments World Bank Washington DC Hockey World Cup 2018 Venue: UNESCO Paris 1. Men’s Hockey World Cup – India OECD Paris 2. Women’s Hockey World Cup - England UNIDO (United Nations Vienna Industrial Dev. Org) ICC World Cup Cricket Venue: 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 IAEA (International Atomic Energy Vienna Some of the highlights Agency) Slogan - Our census, Our Future OPEC Vienna India's 1st Census - 1872 Amnesty International London 2011 Census is - 15th Census Commonwealth of Nations London Total Population - 1,21,01,93,422 International Maritime London India's Rank in population - 2nd with 17.5% (1st China Organization with 19%) ICJ (International Court of Justice) The Hague Most Populous State - Uttar Pradesh Food&Agricultural Organization Rome Least Populous State - Sikkim NATO Most Literate State - Kerala (93.9%) Transparency International Berlin Least Literate State - Bihar (63.82%) SAARC Kathmandu National Sex Ratio - Female : Male (940 : 1000)

ASEAN Jakarta Highest Sex Ratio (State) - Kerala (1084 : 1000)

APEC (Asia Pacific Economic Singapore Lowest Sex Ratio (State) - Haryana Forum) Highest Sex Ratio (UT) - Puducherry

Organization of Islamic Jeddah Least Sex Ratio (UT) - Damn & Dayyu (61 : 1000) Cooperation Literacy of Male - 82.14% Literacy of Female - 65.46% Revolutions in the field of agriculture in India: Population Growth Rate - 17.64% Black Revolution - Petroleum Production Highest fertility Rate - Meghalaya Blue Revolution - Fish Production Most literate union territory - Lakshadweep (92.2%) Brown Revolution - Leather/Non-conventional Least literate Union Territory - Dadra Nagar & Haweli (India)/Cocoa production Most Literate District - Serechhip (Mizoram) Golden Fiber Revolution - Jute Production Least Literate District - Dadra Naga & Haveli Golden Revolution - Fruits/Overall Horticulture Highest Density of Population - Bihar (1102 sq.km) development/Honey Production Lowest Density of Population - Arunachal Pradesh (17) Green Revolution - Food grains Total number of districts - 640 Grey Revolution - Fertilizer Highest Populous District - Thane (Mumbai) Pink Revolution - Onion production/Pharmaceutical 100% Literacy District - Palakkad (Kerala) (India)/ Prawn production 100% Banking State - Kerala Red Revolution - Meat & Tomato Production 100% Banking District - Palakkad (Kerala) Round Revolution - Potato Density of Population in India - 382 sq. km Silver Fiber Revolution - Cotton Increase in population (during 2001-2011) - 181 million Silver Revolution - Egg/Poultry Production White Revolution (In India: Operation Flood) - Who’s who? Milk/Dairy production Yellow Revolution - Oil Seeds production Important National Officials Evergreen Revolution - Overall development of Designation Name Agriculture. Chairperson, CBDT Suhsil Chandra Chairperson, National Nand Kumar Sai CENSUS Commission for Scheduled Tribes 1) The population of the country as per the provisional Chairperson, UGC V.S Chauhan figures of Census 2011 is 1210.19 million of which 623.7 Chairman, ISRO AS Kiran Kumar million (51.54%) are males&586.46 million (48.46%) are Chairman, Atomic Energy Commission Shekhar Basu females. Chairperson, TRAI Ram Sevak Sharma The major highlights of the Census 2011 (Provisional Chairperson, NHAI Deepak Kumar figures) are as under: Chairman, National Cadet Hemant M Nerurkar *The population of India has increased by more than 181 Corps million during the decade 2001-2011. Chairperson, Central Anita Karwal 2) %age growth in 2001-2011 is 17.64; males 17.19&females Board of Secondary 18.12. Education 3) *Uttar Pradesh (199.5 million) is the most populous State Chairperson, IRDAI TS Vijayan in the country followed by Maharashtra with 112 Chairperson, Press CK Prasad million. Council of India

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Director General, BSF K K Sharma President, International Court of Ronny Abraham Director General, SSB Rajni Kant Mishra Justice Director General, CRPF Rajiv Rai Bhatnagar President, Asian Development Takehiko Nakao Director General, ITBP RK Pachnada Bank Solicitor General Ranjit Kumar resigned President, International Olympic Thomas Bach Attorney General KK Venugopal Committee Chairperson, National Justice Swatantra Kumar Director-General, International Yukiya Amano Green Tribunal Atomic Energy Agency Director, NCERT Hrushikesh Senapaty Secretary-General, NATO Jens Stoltenberg President, ASSOCHAM Sandeep Jajodia Secretary-General, ASEAN Lee Luang Minh Chairperson, NASSCOM Raman Roy Secretary-General, SAARC Amjad Hussain B Chairman, Press Trust of Vivek Goenka Sial India Secretary-General, Patricia Scotland Commonwealth Bureaucrats President, FIFA Gianni Infantino Chairman, International Cricket Shashank Manohar Designation Name Council National Security Advisor Ajit Kumar Doval Chairman, Railway Board Ashwani Lohani The 12 Major Ports are Director, Central Bureau of Alok Verma Investigation (CBI) Port State Chief, Intelligence Bureau Rajiv Jain Kolkata West Bengal (IB) Paradip Orissa Chief, Research&Analysis Anil Dhasmana Vishakhapatnam Andhra Pradesh Wing (RAW) Chennai Tamil Nadu Director General, NIA YC Modi Ennore Tamil Nadu Tuticorin Tamil Nadu Important Dignitaries Cochin Kerala Post Name New Mangalore Karnataka Chief Justice, Supreme Court Deepak Misra(45th) Mormugao Goa Speaker, Lok Sabha Sumitra Mahajan Jawaharlal Nehru Maharashtra Deputy Speaker, Lok Sabha M. Thambidurai Mumbai Maharashtra Comptroller&Auditor General Rajiv Mehrishi Kandla Gujarat of India Chief Election Commissioner AK Joti Stock Exchanges around the World Chairman, Union Public Service David R. Syiemlieh New York Stock Exchange (NYSE): HQ in New York Commission City Deputy Chairman, Rajya Sabha PJ Kurien NASDAQ OMX: HQ in New York City. Tokyo Stock Exchange: HQ in Tokyo Important International Officials London Stock Exchange: HQ in London. Shanghai Stock Exchange: HQ in Shanghai. Designation Name Hong Kong Stock Exchange: HQ in Hong Kong. Secretary-General, United Antonio Guterres Toronto Stock Exchange: HQ in Toronto. Nations Organisation BM&F Bovespa: HQ in Sao Paul MD, International Monetary Christine Lagarde Australian Securities Exchange: HQ in Fund Deutsche Börse: HQ in . 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 , Italy Director-General, WHO Tedros Adhanom London International Financial Futures&Options Ghebreyesus Exchange (LIFFE) HQ in London, Great Britain Montreal Exchange (MSE) HQ in Montreal, Canada 88 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 Nordic: Baltic market (OMX) HQ in Stockholm, Sweden Bolsa de Madrid (Madrid Stock Exchange) HQ in Madrid, Spain Afghanistan Stock Exchange HQ in Kabul Chittagong Stock Exchange HQ in Chittagong Royal Securities Exchange of Bhutan HQ inThimphu Maldives Stock Exchange HQ in Malé Nepal Stock Exchange HQ in Kathmandu Sialkot Stock Exchange HQ in Sialkot Colombo Stock Exchange HQ in Colombo

Famous Temples in India Badrinath Temple: Chamoli district, Uttarakhand The Konark Sun Temple: Puri district of Odisha Brihadeeswara Temple: Thanjavur city of Tamil Nadu Somnath Temple: Saurashtra (Gujarat)

Kedarnath Temple: Garhwal area (Uttarakhand) IMPORTANT AIRPORTS IN INDIA Sanchi Stupa: Raisen district of Madhya Pradesh Ramanathaswamy Temple: Tamil Nadu Airport City State/UT Vaishno Devi Mandir: J&K, near Katra. Kempegowda Bangalore Karnataka

Siddhivinayak Temple: Prabha Devi, Mumbai International

Gangotri Temple: Uttarkashi district of Uttarakhand Airport

Golden Temple or Sri Harmandir Sahib: Amritsar Netaji Subhash Kolkata West Bengal

Kashi Vishwanath Temple: Varanasi (Uttar Pradesh) Chandra Bose Lord Jagannath Temple: Puri (Orissa) International Yamunotri Temple: Uttarkashi district of Uttarakhand Airport Meenakshi Temple: Madurai (Tamil Nadu) Rajiv Gandhi Hyderabad Telangana Amarnath Cave Temple: State of J&K International Lingaraja Temple: Orissa Airport Tirupati Balaji: Tirumala (Andhra Pradesh) Sardar Ahmedabad Gujarat Kanchipuram Temples: Tamil Nadu Vallabhbhai Patel Khajuraho Temple: Madhya Pradesh International Virupaksha Temple: Hampi, Bellary, Karnataka Airport Akshardham Temple: Delhi Chaudhary Lucknow Uttar Pradesh Shri Digambar Jain Lal Mandir: Oldest Jain temple in Charan Singh Delhi International Gomateshwara Temple: Shravanabelagola town of Airport Karnataka Lokpriya Guwahati Assam Ranakpur Temple: Pali district of Rajasthan Gopinath Shirdi Sai Baba Temple: Shirdi town of Maharashtra Bordoloi Sree Padmanabhaswamy Temple : International Thiruvananthapuram, the capital city of Kerala Airport Dwarkadhish Temple: Dwarka city (Gujarat) Srinagar Airport Srinagar J&K Laxminarayan Temple: In Delhi Biju Patnaik Bhubaneswar Odisha International Airport Visakhapatnam Visakhapatna Andhra Pradesh Airport m Devi Ahilyabai Indore Madhya Pradesh Holkar Airport Dr. Babasaheb Nagpur Maharashtra Ambedkar International Airport

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Lok Nayak Patna Bihar 39th Parallel north is an imaginary circle of latitude that Jayaprakash is 39 degrees north of the Earth’s equatorial plane. Airport 40th Parallel north: formed the original northern Sri Guru Ram Amritsar Punjab boundary of the British Colony of Maryland. Dass Jee 42nd Parallel north: New York - Pennsylania Border. International The Parallel 440 north is an imaginary circle of latitude Airport that is 44 degrees north of the Earth’s equatorial plane. Swami Raipur Chhattisgarh 45th Parallel north is often called the halfway point Vivekananda between the Equator&the North Pole. Airport 45th parallel makes up most of the boundary between Bagdogra Airport Bagdogra West Bengal Montana&Wyoming. Veer Savarkar Port Blair andaman&Nicob 49th Parallel is the boundary between USA&Canada International ar Islands Airport IMPORTANT DAMS IN INDIA Birsa Munda Ranchi Jharkhand Airport Dam River State Maharana Pratap Udaipur Rajasthan Tehri Dam Bhagirathi Uttarakhand Airport Lakhwar Dam Yamuna Uttarakhand Raja Bhoj Bhopal Madhya Pradesh Idukki (Eb)/Idukki Periyar Kerala International Arch Dam Airport Bhakra Dam Satluj Himachal Jolly Grant Dehradun Uttrakhand Airport Pradesh Rajahmundry Rajahmundry Andhra Pradesh Pakal Dul Dam Marusudar J&K Airport Sardar Sarover Narmada Gujarat Silchar Airport Silchar Assam Gujarat Dam Lengpui Airport Aizwal Mizoram Srisailam Krishna Andhra Pradesh Zaruki Shillong Meghalaya (N.S.R.S.P) Dam International Ranjit Sagar Dam Ravi Punjab Airport Baglihar Dam CHENAB J&K Daporijo Airport Daporijo Arunachal Pong Dam Beas Himachal Pradesh Pradesh Tezu Airport Tezu Arunachal Nagarjuna Sagar Krishna Telangana Pradesh Dam Kandla Airport Kandla Gujarat Salal (Rockfill& Chenab J&K Sonari Airport Jamshedpur Jharkhand Concrete) Dam Birsa Munda Ranchi Jharkhand Supa Dam Kali Nadi Karnataka Airport Koteshwar Dam Bhagirathi Uttarakhand Agatti Aerodrome Agatti Lakshadweep Rihand Dam Rihand Uttar Pradesh Indira Sagar Narmada Madhya Pradesh BOUNDARY LINES (NHDC) Dam Durand Line: Afghanistan & Pakistan Pillur Dam Bhavani Tamil Nadu Hindenburg Line: Germany & Poland. Madupetty (Eb) Palar Kerala Mason-dixon Line: Line of demarcation between four Dam states in the United States. Parbati II Dam Parbati Himachal Mannerheim Line: Russia- border. Pradesh

Macmahon Line: India & China Chakra Dam Chakra Karnataka Medicine Line: Canada & the United States. Ukai Dam Tapi Gujarat Order-neisse Line: Poland & Germany

Radcliffe Line: India & Pakistan. CLASSICAL DANCES&FOLK DANCES IN INDIA Siegfried Line: Germany on its border with France.

17th Parallel: North Vietnam & South Vietnam Indian Classical Dances 26th Parallel south: Africa, Australia & South America. Bharatnatyam: Tamil Nadu & Karnataka 30TH PARALLEL Equator & the North Pole. Kathak: North India 38th Parallel: Separates North Korea&South Korea. 90 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 Kathakali: Kerala. Dumhal: Popular dance of Kashmir Kuchipudi: Andhra Pradesh. Padayani: Southern Kerala. Manipuri: Manipur Dollu Kunitha: Karnataka state. Mohiniattam: Kerala. Dandiya: Popular folk dance of Gujarat. Odissi: Orissa state. Bathukamma: Flower & Cultural Festival of Telangana Gaudiya Nritya: West Bengal Changu: Odissa & Andhra Pradesh. Sattriya: Assam Dhaman: Punjab & Andhra Pradesh Ghoomar: Rajasthan Gair: Rajasthan Thang Ta: Manipur Garba: Gujarat Gatka: Punjab Folk dances in India Karagam: Tamil Nadu. dance: Folk dance of Madhya Pradesh Raas: Gujarat Chhau: Folk dance of Bihar Dumhal: A folk dance of Kashmir. Bihu: Folk dance of Assam Chau: Orissa, Bihar & West Bengal

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, 31st October- Rashtriya Ekta Diwas (National Unity Day) Important Days: May 1 May - International Labours day Important Days: November 2 May - World Asthma Day 9 Nov: World Legal Services Day 3 May - Press Freedom Day 10 Nov: World Immunization Day 8 May - World Red Cross Day 12 Nov: World Pneumonia Day 11 May - National Technology Day 16 Nov: International Day for Tolerance 17 May - International Telecommunication Day 17th Nov: International Students Day 22 May - International Day for Biological Diversity 19 Nov: International Journalist’s remembrance Day 24 May - Commonwealth Day 20th Nov: Universal Children’s Day 31 May - Anti Tobacco Day 21st Nov: World Television Day, World Fisheries Day 25th Nov: International Day for the Elimination of Important Days: June Violence against Women 4th June: World Day of Innocent Children Victims of 26th Nov: National Law Day (India) Aggression 5th June: World Environment Day Important Days: December 8 June: World Oceans Day 1st Dec: World Aids Day 12 June: World Day Against Child Labor 2nd Dec: International Day for the Abolition of Slavery 14th June: World Blood Donor Day 4th Dec: Indian Navy Day 15th June: World Elder Abuse Awareness Day 7th Dec: Indian Armed Force Flag Day, International Civil 3rd Sunday of June: World Father's Day Aviation Day 21st June: International Yoga Day 9th Dec: International Day against Corruption 23rd June: International Olympic Day 10th Dec: Human Rights Day 26th June: International Day against Drug Abuse & Illicit 14th Dec: National Energy Conservation Day (India) Trafficking 18th Dec: International Migrants Day 23rd Dec: Farmers Day (India)

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Important Days: January 29th Dec: International Biodiversity Day 4th Jan: International World Braille Day 9th Jan: NRI Day Important Days: March 10th Jan: World Laughter Day 8 Mar: International Women’s Day 12th Jan: National youth day (India) 15 Mar: World Consumer Rights Day, World Disabled 15th Jan: Army Day (India) Day 24th Jan: National Girl child day (India) 16 Mar: National Vaccination Day 25th Jan: Tourism Day & National Voters Day (India) World Forestry Day: 21Mar World Day for Water: 22Mar Important Days: February World TB Day: 24 Mar 2nd Feb: World Wetlands Day

4th Feb: World Cancer Awareness Day 21st Feb: International Mother Language Day 23th Feb: World Peace & Understanding Day 28th Feb: National Science Day (India)

Nick Names of Important Indian Places City Of Castles Kolkata

State Of Five Rivers Punjab Nick Names City City Of Weavers Panipat Golden City Amritsar City Of Lakes Srinagar Manchester Of India Ahmedabad Steel City Of India Jamshedpur (Called City Of Seven Islands Mumbai Tatanagar) Queen Of Arabian Sea Cochin City Of Temples Varanasi Space City Bangalore Manchester Of The North Kanpur Garden City Of India Bangalore City Of Rallies New Delhi Silicon Valley Of India Bangalore Heaven Of India J&K Electronic City Of India Bangalore Boston Of India Ahmedabad Pink City Jaipur Garden Of Spices Of India Kerala Gateway Of India Mumbai Switzerland Of India Kashmir Twin City: Hyderabad, Secunderabad Abode Of The God Prayag(Allahabad) City Of Festivals Madurai Pittsburg Of India Jamshedpur Deccan Queen Pune City Of Buildings Kolkata Important Defence Exercise Conducted in the World Dakshin Ganga Godavari Garuda: India-France HAND-HAND: India-China Old Ganga Godavari Indra: India-Russia Egg Bowls Of Asia Andhra Pradesh Jimex: India-Japan Soya Region Madhya Pradesh Malbar: Us-India-Japan Manchester Of The South Coimbatore Shade: Naval Forces Of India, Japan&China Surya Kiran: India&Nepal City Of Nawabs Lucknow Varuna: France&India Venice Of The East Cochin Simbex: Indian Navy With Republic Of Singapore Sorrow Of Bengal Navy Sorrow Of Bihar Kosi River Ibsamar: India with Brazil&South African Navy Konkan: Indian Navy&Royal Navy Of Britain Blue Mountains Nilgiri Ausindex: Indian&Australian Navy Queen Of The Mountains Mussoorie (Uttarakhand) Indradhanush Or Rainbow: India-Uk Air Exercises Sacred River Ganga Nomadic Elephant: Indian Army Exercises with Hollywood Of India Mumbai Mongolia Ekuverin: Maldives&India

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GA POWER CAPSULE FOR RBI ASSISTANT MAINS & IBPS SO PRELIMS 2017 Garuda Shakti: India&Indonesia Madhavrao Scindia Cricket Ground -Rajkot Mitra Shakti: India-Sri Lanka Moin-ul-Haq Stadium -Patna Naseem Al-Bahr: India-Oman Sardar Vallabhai Patel Motera Stadium -Ahmedabad SLINEX: Joint exercise in Navy between India&Sri Sawai Mansingh Stadium -Jaipur Lanka Vidarbha CA Ground -Nagpur Sahyog-Kaijin -Joint exercise of Coast Guards of Wankhede Stadium –Mumbai India&Japan Jawaharlal Nehru Stadium: Kochi (Kerala) Malabar: India&US Dr. Bhupen Hazarika Cricket Stadium: Guwahati Yudh Abhyas: India&US (Assam) Red flag: India&US Dhyan Chand National Stadium: Delhi Cope: India&US SAMPRITI – India&Bangladesh Stadiums in New Zealand Basin Reserve-Wellington Stadiums Around the World Eden Park-Auckland Jade Stadium-Christchurch Stadiums in Australia John Davies Oval-Queenstown Adelaide Oval- Adelaide McLean Park-Napier Bundaberg Rum Stadium- Cairns Telstra Dome- Stadiums in Pakistan Manuka Oval- Canberra Arbab Niaz Stadium-Peshawar Marrara Cricket Ground- Darwin Ayub National Stadium-Quetta Melbourne Cricket Ground- Melbourne Gaddafi Stadium-Lahore Sydney Cricket Ground- Sydney W.A.C.A. Ground- Stadiums in South Africa Stadiums in Bangladesh Kingsmead-Durban Bangabandhu National Stadium- Dhaka New Wanderers Stadium-Johannesburg Chittagong Stadium- Chittagong Newlands-Cape Town Stadiums in England St George's Park-Port Elizabeth Edgbaston- Birmingham Centurion Super Sport Park- Headingley- Leeds Lord's- London Stadium in Sri Lanka Old Trafford- Manchester Colombo Cricket Club Ground-Colombo Sophia Gardens- Cardiff Galle International Stadium-Galle St Lawrence Ground- Canterbury P.Saravanamuttu Stadium-Colombo The Brit Oval- London R.Premadasa Stadium-Colombo Trent Bridge- Nottingham 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-Barbados Brabourne Stadium -Mumbai Mindoo Phillip Park Castries-St Lucia Eden Gardens -Kolkata Albion Sports Complex Berbice-Guyana Feroz Shah Kotla -Delhi Stadiums in Zimbabwe Gandhi Stadium -Jalandhar Bulawayo Athletic Club-Bulawayo Green Park -Kanpur Harare Sports Club-Harare Indira Gandhi Stadium -Vijayawada Kwekwe Sports Club-Kwekwe Rajiv Gandhi Port Silver Jubilee Stadium - Queens Sports Club-Bulawayo Visakhapatnam Stadiums in United Arab Emirates Jawaharlal Nehru Stadium -New Delhi Sheikh Zayed Stadium-Abu Dhabi Lal Bahadur Shastri Stadium -Hyderabad Sharjah Cricket Stadium-Sharjah M.Chinnaswamy Stadium -Bangalore MA Chidambaram Stadium -Chennai

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