GK Digest – RBI ASSISTANT Exam

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Written by Ramandeep Singh

Ramandeep Singh 9/5/2014 GK Digest – RBI ASSISTANTManaging Exam Director of Bharatiya Mahila Bank is Appointments Smt. Usha Ananthasubramanian. Recently, 1. General Dalbir Singh Suhag takes over as the Bharatiya Mahila Bank awarded with Core new Army Chief. He takes the charge from Banking System Initiative Award 2014. General Bikram Singh. Before taking the charge 11. Ravi Shastri appointed as Team Director of of Army Chief, General Dalbir Singh Suhag was Indian Cricket team for ODI series agaisnt Lieutenant General in the Army. England. He is former Indian Captain of Cricket 2. Chief Marshal Arup Raha took over as the team. The Coach of Indian Cricket team is Chairman of the Chief of Staff Committee Duncan Fletcher. th (COEC) on 30 July 2014. 12. Prayuth Chan-Ocha became the Prime Minister 3. K.V. Chowdhary appointed as new Chairman of of Thailand. Recently, Yinguluck Shinawatra was CBDT (Central Board of Direct Taxes) resigned from the post. succeeded by R.K. Tewari. The appointment of 13. Tejendra Mohan Bhasin (T.M. Bhasin) elected as the Chairman of CBDT was confirmed by the Chairman of Indian Banks Association (IBA) Appointments Committee of Cabinet which while Arundhati Bhattacharya elected as the Committee headed by Prime Minister Shri Honorary Secretary of Indian Banks Association. Narendra Modi. 14. Ahmet Davutogul appointed as the Prime th 4. On 12 August 2014, the Government of India Minister of Turkey replaced with Recep Tayyip decided to appoint Shri Bimal Jalan as the Head Erdogan. The capital of Turkey is Ankara. of Expenditure Management Commission set up 15. Keshri Nath Tripathi appointed as the Governor by the Finance Minister Shri Arun Jaitley. Shri of West Bengal. He became 22nd Governor of Bimal Jalan is the former Governor of Reserve West Bengal. He awarded with Vishwa Bharati Bank of India. Samman, Bharat Gaurav and Uttar Pradesh 5. United Nations Human Rights Council (UNHRC) Samman etc. appointed the Commission, consisted three 16. Ramesh Chand Tayal appointed as Special members to conduct the inquiry to probe war Director Genral of Central Reserve Police Force crimes and human rights violations conflict in (CRPF). Gaza. The Head of this Commission will William 17. R.N. Ravi appointed as Chief of Joint Schabas. The conflict on the Gaza strip began in Intelligence Committee, a committee works nd th the 2 week of June 2014 i.e. 13 June 2014. under the National Security Council Secretariat. 6. Rajni Razdan became the Chairperson of Union 18. C.S. Verma became the first President of Indian Public Service Commission replaced with Prof. Steel Association, the association launched by D.P. Agrawal. domestic steel producer of India. The aim of this 7. K.V. Thomas appointed as the Chairman of the association is to work towards transforming the Public Accounts Committee which Committee is Indian steel industry as the global leader. analyze the expenditures of Government of India. 8. Dr.Murli Manohar Joshi appointed as the Chairman of Estimates Committee which Deaths Committee is working to increase the efficiency 1. Madhukar Singh died on 21st July 2014 at his in the administration. residence in village Dharahara of Bhojpur 9. V. Shanta Kumar appointed as the Chairman of District. He was a famous Hindi literaturer. Committee on Public Undertakings which 2. Pran Kumar Sharma the famous cartoonist known Committee is working upon the reports which are as comic character Chacha Choudhary died. He examined by this Committee and also examine was 75 years old. the accounts of the public undertakings. 3. The politician Reshamlal Jangade died on 11th 10. S.M. Swathi the General Manager of Corporation August 2014. He was the Member of Parliament Bank appointed as the Executive Director of of the first Lok Sabha of the country which Bharatiya Mahila Bank. The Chairman and started in the year 1952 after held the General 2 BankExamsToday.com TestPanda.com IBPStoday.com elections. He was relatedGK to Digest Indian National– RBI ASSISTANT3. Union Exam Government of India has launched the Congress Party. Rashtriya Gokul Mission to protect the 4. Burra Katha, the famous Folk Artist passed away. “indigenous breed” of cows. Under this scheme, He is a Telegu art of oral story telling. Burra some Integrated Indigenous Cattle Centres will Katha is generally known as Jangam Katha. be set up which will be useful for improving milk 5. The famous poet of Iran Simin Behbahani died productivity in India. The aim of the government on 19th August 2014. She had remained the is to improving milk productivity in India. President of Iranian Writers Association. She is Agriculture Minister Radha Mohan Singh known as Lioness of Iran. announced this scheme. The Union Government 6. Yoga guru Bellur Krishnamachar Sundaraja passed Rs.150 Crore to reach its peak of the Iyengar (B.K.S. Iyengar) died on 20th August mission. 2014. He is the founder of Iyengar Yoga. He 4. The Government of Maharashtra appointed bagged three civilian awards of India i.e. Padma Amitabh Bachchan, the Indian Megastar as Shri, Padma Bhushan and recently Padma Horticulture Ambassador of Maharashtra to Vibhushan. His book ‘Light on Yoga’ known as increase the revenue of State. the ‘Bible of Modern Yoga’. 5. Gujarat tops the charts in e-transactions across 7. The famous American Journalist James Foley the nation with 26% share. It is revealed from the was killed by the militants of ISIS. report of Union Government by analyzing 8. Amitava Nandy, the famous former leader of through E-Transactions Aggregation and Communist Party of India – Marxist (CPI-M) Analysis Layer (E-TAAL) and announced by the died due to cancer. He was the Member of present Secretary of Electronics and Information Parliament of 14th Lok Sabha. Technology Department Shri R.S. Sharma. From 9. Chemancherry Narayanan Nair, the famous this layer, we came to know that what the Malyalam actor died on 25th August 2014. He flexibility of e-transactions is. awarded with Special Jury Prize by the 6. Prime Minister Shri Narendra Modi concluded Government of Kerela. the visit to Nepal on 4th August, 2014. This is the 10. Richard Attenborough, the famous British first bilateral meeting between India and Nepal in filmmaker and Oscar winner, died at the age of past 17 years. During this visit, Prime Minister 90. Generally he is known for his critically Shri Narendra Modi announced to give help to acclaimed biopic on India’s Mahatama Gandhi Nepal for development. which film won 8 Oscar Awards in the year 1982. 7. On 4th August, 2014 completed the 100 years of 11. Douglasw McAuthur McCain is the first citizen First World War which was started on 4th August, of United States of Amercia who died in Syria. 1914 and was ended on 11th November 1918. He is American Jihadi. First World War also called as ‘THE GREAT WAR’. 8. The Ministry of Human Resource Development Politics set up a four member committee to review and analyse the status of University Grants th 1. On 26 August 2014, former Chief Minister of Commission. UGC Chairman Shri Hari Gautam Delhi Smt.Sheela Dixit resigned from the will be the Head of this committee. th Governor of the State of Kerela. She became 8 9. In the 6th Brics Summit, 3 bilateral agreements Governor to who resigned from the near past. are signed between India and Brazil. Three 2. The parliament of Iraq elected Fuad Masum as bilateral agreements are MOU on Cooperation in the President of Iraq in Baghdad. He became the the field of environment, Agreement on Space, th 7 President of Iraq. He is a Kurdish Politician. MOU on Cooperation in consultation mechanism. Moreover, Mr.Jubouri elected as the new speaker 7th Brics Summit will be held in Russia. to form the new government in Iraq and to ending the political deadlock. 3 BankExamsToday.com TestPanda.com IBPStoday.com 10. India became the first GK country Digest to ratify– RBI the ASSISTANT19. The GovernmentExam of India raised the limit of Marrakesh Treaty. This treaty will work for blind Foreign Direct Investment in the Defence Sector people, visually impaired peopoe and other from 26% to 49%. Foreign Direct Investment is a disable persons and will give equal rights and direct investment in the production of the country opportunities of education and employment for by the company of another country or individual. blind people. 20. Securities Laws (Amendment) Bill 2014 passed 11. India and World Bank signed MOUs for in Lok Sabha to empower Securities Exchange URWSSP (Uttarakhand Rural Water Suply and Board of India (SEBI) and also strenthen it. This Sanitation Project), UDWDP (Uttarakahand bill will give express powers for any settlement Decentralized Watershed Development Project), and also empowers SEBI to establish the special MRWSSP (Maharashtra Rural Water Supply and courts to strenthen it. Sanitation Programme). There is need to well 21. The Government of India has raised to 100% known to you that water supply, santitation and Foreign Direct Investment in the Railway decentralization are the keys to develop any Department. This is happeing first time in India. nation. The FDI raised to 100% by the Union 12. India ranked 8th in Global Rich List with 14800 Government with the hope to expansion the multimillionaires. United States of America tops railway and to make India a strong economy. the list followed by China and Germany. 22. The United States of America has taken the 13. The Governor of Uttar Pradesh Shri Ram Naik action agaisnt the ISIS terrorists. The bombs have and Governor of Gujarat Shri Om Prakash Kohli dropped by the USA namely F/A-18 from the have given additional charge of Rajasthan and aricraft of USA. It is very important to mention Goa respectively. here that few days back, the Government of Iraq 14. On 15th August 2014, 29th State of India i.e. demanded military help from USA. There is need Telangana is going to celebrate its first National to know you that USA has the strongest military Independence Day at Golconda Fort. K. power in all over the world. Chandrasekhar Rao is the first Chief Minister of 23. The World Health Organization (WHO) has Telangana. declared Ebola Virus as Global Health 15. Tamilnadu has the maximum 59 Universities in Emergency. WHO has taken this decision after India while the whole country has 678 seeing that this is fatal to the human lives and Universitties. about 1500 people were died affected by this 16. Approximately, 200 Indians evacuated from Virus. Libya from the largest island of North Africa 24. The Nepalese boy namely Jeet Bahadur Maru namely Djerba Island. This island is located off Sagar was reunited with his family by the Prime the coast of Tunisia in the Gulf of Gabes. Minister of India Shri Narendra Modi. Prime 17. The work of the railway brdige at Noney in Minister of India completed this responsibility Manipur, India began, after competition of the during the two day visit to Nepal recently. whole work, this railway bridge become the 25. “ZERO HUNGER CHALLENGE” was set up by world’s tallest railway bridge. Food and Agriculture Organization of the United 18. Liberia declared the State of Emergency on 6th Nations under the efforts to ensure that every one August 2014. The President of Liberia Ellen have the right to adequate food. Johnson Sirleaf declared the State of Emergency 26. Qaraqosh and surrounding areas is the largest over the outbreak of Ebola Virus. Ebola Virus is Chiristian town in Iraq. ISIS (Islamic State in normally called Ebola hemorrhagic fever which Iraq and Syria) has taken the control over this will harmfully affected the human body. To take town recently. the initial steps, Health Minister Dr. 27. Recep Tayyip Erdogan became the first elected Harshvardhan ordered to all the airports to form President of Turkey. Recep Tayyip Erdogan is the check posts for checking the Ebola Virus. the head of Justice and Development Party.

4 BankExamsToday.com TestPanda.com IBPStoday.com 28. On 10th August 2014, DelhiGK Police Digest launched– RBI the ASSISTANT39. Vijaywada Exam will become the ad-hoc State Capital helpline number to curb the corruption. This will of Andhra Pradesh. The Chief Minister of Andhra be best step to curb the corruption. Pradesh is N.Chandrababu Naidu. 29. The State of Telangana notified for the State 40. The Finance Minister Shri Arun Jaitley Public Service Commission according to the relaunched the insurance scheme for senior Article 315 of the Constitution and Section 83(2) citizens aged 60 years and above. LIC will of Andhra Pradesh Re-Organization Act, 2014. administered this scheme. 30. The President of USA Barack Obama signed and 41. Prime Minister of India Shri Narendra Modi passed the “Near East and South Central Asia launched Pradhan Mantri Jan Dhan Yojana on the Religious Freedom Act” to promote the religious eve of 68th Independence Day. This Yojana will freedom of minorities in the Near East and South help the poor people of India in the near future. Central Asia. 42. China inaugrated the railway line in Tibet which 31. The ASEAN countries included India are likely is very close to Border of the State of Sikkim. to sign free trade agreement at Myanmar. 43. The Government of India approved four highway 32. The Federal Act on International Administrative projects in the State of Jammy and Kashmir. The Assistance in Tax Matters amended by the four projects are Srinagar-Banihal, Qazigund- Government of Switzerland to exchange the Banihal, Chenani-Nashri, Jammu-Udhampur. information with other countries regarding the 44. Indo-Nepal Combined Army Training Exercise black money. This amendment was the demand will be conducted in the State of Uttarakhand. of time because more and more black money was The name of this training session is Surya depositing in Swiss Banks. Kiran-VII. About 300 personnels will attend this 33. On 12th August 2014, World Elephant Day training session. organized. This day organized every year to 45. Jharkhand Disom Party (JDP) merged with create the awareness about the plightness of Bharatiya Janta Party which was established in Asian and African elephants. the year 2002 after creating the new State of 34. ‘Securities and Exchange Board of India’ Jharkhand. Salkhan Murmu was the founder of generally known as SEBI issued Know Your Jharkhand Disom Party (JDP). Client (KYC) Registrartion Agency Regulations, 46. Massive aid operation for resident of Iraq fleeing 2014. SEBI conferred it by Section 30 of SEBI violence launched by United Nations High Act, 1992. Commissioner for Refugees (UNHRC). The 35. On 12th August 2014, the World Health scheme will be helpful to displaced Iraqis who Organization approved the use of experimental are the victims after the violence in Iraq. The drug Zmapp to fight against Ebola Virus. basic aim of this scheme is to improve the life of 36. The State Assembly of Tamil Nadu passed the victim people. “Tamil Nadu Entry into Public Places Bill, 2014 47. World Humanitarian Day observed on 19th to remove restrictions on entry of dhoti-clad men August every year. This day is observed to know in hotels etc. With the passing of this bill, every the humanitarian personnel and who have lost man wearing a dhoti can enter into any hotel, their lives. The World Needs More club, theatres, restaurants etc. Humanitarian Heroes was the theme for the 37. The hydroelectric project namely Nimoo Bazgo year 2014. Hydroelectric Project initiated on the Indus River 48. India signed Memorandum of Understanding by the Prime Minister of India Shri Narendra MOU with Czech Republic on technical Modi. cooperation in railway. 38. Pope Francis became the first South Korean 49. Samagra Kutumbh Survey or Intensive Visiter in a quarter century. The President of Household Survey conducted by Government of South Korea is Park Geun-hye. newly formed State Telangana.

5 BankExamsToday.com TestPanda.com IBPStoday.com 50. Irom Sharmila released byGK Manipur Digest Court –whoRBI is ASSISTANT58. The Government Exam of South Africa has taken the known as Iron Lady of Manipur for non-violent important decision about the illegal poaching of protest. She protested agaisnt the abuses rhinos. The Ministry of Environment of South allegedly committed by the security forces of Africa decided to evacuate 500 rhinos from Armed Forces Special Powers Act (AFSPA). Kruger National Park to curb the illegal poaching 51. The Hon’ble Supreme Court of India fined 14 of rhinos which is one of the largest parks of States with 1 Union Territory of Chandigarh with South Africa. Rs.25,000 each for not respond to the Report of 59. Two Districts of the State of Rajasthan namely Law Commission. These 14 States are Bihar, Ajmer and Alwar declared Smoke Free districts. Gujarat, Jammu & Kashmir, Karnataka, Punjab, Two other districts of the State of Rajasthan Maharashtra, Uttarakhand, Andhra Pradesh, namely Jhunjhunu and Jodhpur already declared Delhi, Himachal Pradesh, Jharkhand, Kerela, Smoke Free districts. Now, Rajasthan has 4 Haryana, Sikkim ane Union Territory of Smoke Free Districts. Chandigarh. 60. India’s first science and technology institute i.e. 52. The Government of India draft new guidelines to Indian Institute of Engineering Science and Forward Markets Commission (FMC) to Technology (IIEST) established in West Bengal. empower and strengthen the commodity market. 61. The Union Government of India launched India’s Forward Markets Commission (FMC) is a first ethanol-run bus in the Nagpur City of regulatory authority and is a statutory body which Maharashtra under the Green Bus Project. The setup in the year 1953. Its Headquarter is in run bus recuce the import of petroleum products Mumbai and the Chairman is Abhishek. like petrol, diesel and gas etc. The country of 53. World’s first Hindu eco-temple namely Shree Sweden has manufactured this bus and this bus Swaminarayan Mandir opened in world’s famous using Ethanol instead of fuel. city London, United Kingdom. 62. Border Secrity Force and Board Guard 54. On 20th August 2014, the Hon’ble Home Minister Bangladesh signed an agreement on vulnerability of India Shri Rajnath Singh launched mapping to implement a coordinated border Mainstreaming Civil Defence in Disaster Risk management plan to curb drug and human Reduction scheme. The basic aim of this scheme trafficking. The chief of BSF is D.K. Pathak and is to strenthen the capacity of all the states the Director General of BGB is Aziz Ahmed. towards disasters. 63. The Governor of Maharashtra Shri K. 55. The new project approved by the Government of Sankaranarayanan resigned from the office and India to ensure that government services are he appointed the new Governor of Mizoram. available to citizens electronically. The name of Recently, the Governor of Gujarat Shri Om this project is Digital India Project. Prakash Kohli has been given to additional 56. On 19th August 2014, Afghanistan celebrated its charge of Maharashtra. 95th Independence day. Afghanistan get 64. Approximately, 218 coal block allocations indepdendence from the British Empire after declared illegal by the Supreme Court of India fought three Anglo-Afghan wars and ultimately which were allocated by Screening Committee signed the Anglo-Afghan treay to get the during the period 1993 to 2010. independence. The capital of Afghanistan is 65. Out of 18 Assembly constituencies 10 seats won Kabul. by Congress and its allies and remaining 8 seats 57. Delhi Development Autohrity (DDA) approved won by BJP and its allies. The 18 Assembly the modifciation proposal in the Master Plan of contituencies elections held in Bihar, Punjab, India’s capital Delhi – 2021 which plan Madhya Pradesh and Karanataka. incorporates the innovations for the development 66. The President of France Francois Hollande of the Natinal Capital. dissolved the government on the issue of

6 BankExamsToday.com TestPanda.com IBPStoday.com country’s stagnant economy.GK The Digest Prime Minister– RBI ASSISTANT76. 7 countrie Exams Canada, Denmark, France, United of France Manuel Valls resigned from the post. Kingdom, Albania, Croatia and Italy joined 67. The Prime Minister of India Shri Narendra Modi United States of America in arming the Kurdish launched energy highway for eastern India to forces against ISIS. connect with the national gas grid. Gas Authority 77. Department of Industrial Policy and Promotion of India Limited will implement this pipeline notified Press Note 8, the note allows 100% FDI project. in the Indian Railways infrastructure. 68. To gave the special treatment of ebola virus, 78. To identify the obsolete laws, Ramanujam Japan will offer favipiravir which is an anti-viral Committee established by the Prime Minister drug, the drug known as Avignan. The major Shri Narendra Modi. The Chairman of the countries affected with ebola virus are Guinea, Committee will be R. Ramanujam. Sierra Leone and Liberia. 79. The Tourism Minister of India Shripad Naik set 69. Four Governors namely Kalyan Singh appointed the criteria to build tourism industry in all over for the State of Rajasthan while Vajubhai the India, the criteria set by him called as Rudabhai Vala for Karnataka, Mridula Sinha for Sustainable Tourism Criteria for India. the State of Goa and C. Vidyasagar Rao for the 80. The Hon’ble Supreme Court of India asked DLF State of Maharashtra. Ltd., a real estate developer company to pay the 70. A domain called ‘Dot Bharat’ launched by the fine amount of Rs.630 Crore, imposed by Government of India to connect people with Competition Commission of India. social media. This domain will give the 81. The state of Maharashtra will form the information to the people in their regional Transgender Welfare Board. Maharashtra will languages but initially, eight languages are become 2nd state of India to form the Transgender included in the domain are Hindi, Bodo, Dogri, Welfare Board. The first one was Tamil Nadu. Konkani, Maithili, Marathi, Nepali and Sindhi. 82. Sivaramakrishnan Committee submitted its report 71. The Finance Ministry of India ordered forensic to the Union Home Ministry on the capital of audit of UCO Bank after found irregularities in Andhra Pradesh. The committee was recently non-performing accounts. UCO Bank is 4th bank constituted to sugest the place to build the capital that is named for forensic audit. The other three city of Andhra Pradesh. The Chairman of this banks are Dena Bank, Oriental Bank of committee is K. Sivaramakrishnan. Commerce and Syndicate Bank. 83. The Governor of Manipur Shri Vinod Kumar 72. Israel and Hamas agreed to Egyptian ceasefire Duggal resigned. Formerly, he was the member- proposal for unlimited time. Few days back, the Secretary of Srikrishna Committee, the proposal was refused by Hamas. committee was constituted on the issue of new 73. Indian Air Force and Russian Federation Air formed state of Telangana. Force started Indo-Russian Air Force Exercise 84. The Cabinet of Delhi made mandatory called Avia Indra – 2014 which is first Indo- instructions to wear the helmets for women on Russian aerial exercise between the two two wheelers. countries. 85. Till now, NDA Government of India laid down 74. The Jewish Centre, Chabad House oftenly called the many foundation stones to provide hastle free as Nariman House reopened after 6 years. The services to Indians. In the near future, the Indian Centre was remained closed after the 26/11 terror Government can start MyGov.in programme. attack in the year November 2008. Under this programme the educational 75. Recep Tayyip Erdogan became 12th President of certificates, residential documents and other Turkey. He relates to Justice and Development necessary documents will be stored in the Party while Ahmet Davutogul became the Prime individual ‘digital lockers’. After the inaugration Minister of Turkey. of this programme, all the Indians can free from

7 BankExamsToday.com TestPanda.com IBPStoday.com harassment suffered by them in the government GK Digest – RBI ASSISTANTIndore was merged Exam in 2010, Now SBI is having 5 offices. Associate Banks, It is 3rd largest employer in India after Coal India and TCS (among listed companies) PSU Banks in India Chairman: Ms.Arundhati Bhattacharya Reserve Bank of India (1935) Slogans: Pure Banking nothing else, “With you –

Head Quarter: Mumbai all the way”, and “A Bank of commonman”. ATMs more than 43000 Governor: Dr.Raghu Ram Rajan Branches: more than 15143, 170 Mr.Harun Rashid Khan, 4 Deputy Governors: branches in 34 nations Mr.S.S. Mundra, Dr.Urjit R. Patel, Mr. R. Gandhi Allahabad Bank (1865)

It has 4 regional offices, 15 Branches and 5 sub- Head Quarter: Kolkata offices. It is the oldest Joint Stock Bank of India

Functions: Formulates, implements and monitors CMD: Mr.Rakesh Sethi the monetary policy, Regulates and supervise the financial system, Regulates and supervise the Slogan: A tradition of trust payment systems, Manages the Foreign Exchange, Branches: more than 2500 Issue Currency, Promotes national objectives, Short terms loans to Govt. under ways and means advances, Andhra Bank (1923) Inspections: Onsite thru CAMELS & Head Quarter: Hyderabad CALCS and ofsite thru OSMOS, Nationalized in 1949, Established in 1935 by RBI Act 1934. It is founded by freedom fighter Mr.B.P. Sitaramaya

Chairman: Mr.CVR Rajendran

State Bank of India (1955) Slogan: For all your needs

Head Quarter: Mumbai Branches: more than 1632

It was the 1st Joint Stock Bank of British India, Bank of Bengal, Bank of Bombay and Bank of Madras Bank of Baroda (1908) amalamated on 27th Jan. 1921, Imperial Bank of India was converted into SBI in 1955, 7 subsidiary Head Quarter: Vadodara were added in the year 1959 State Bank of Saurastra was merged in 2008 and State Bank of 8 BankExamsToday.com TestPanda.com IBPStoday.com It is founded by Maharaja of BarodaGK DigestSir Sayajrao– RBI ASSISTANTHead Quarter: Exam Mumbai Gaekwad – III Established in 1911 Chairman: S.S. Mundra CMD: Mr.Rajeev Rishi Slogan: India’s International Bank Branches: more than 4200 Branches: more than 3409 Corporation Bank (1906) Bank of India (1906) Head Quarter: Mangalore Head Quarter: Mumbai Chairman & MD: Mr.S.R. Bansal Chairman: Mr.A.K. Mishra Slogan: India’s Most Customer Slogan: Rishton Ki Jamapunji Friendly Bank

Branches: more than 3415 Indian Bank (1907)

Bank of Maharashtra (1935) Head Quarter: Chennai

Head Quarter: Pune Chairman: Mr.T.M.Bashin

It has larged number of branches by any public Slogan: Your tech. friendly bank sector financial institute in Maharashtra. Branches: more than 1500 Chairman: Mr.Narendra Singh Indian Overseas Bank (1937) Slogan: One Family One Bank Head Quarter: Chennai Branches: more than 1375 Chairman: Mr.M. Narendra Canara Bank (1906) Slogan: Good people to grow with Head Quarter: Bangalore Branches: more than 1400 Canara bank acquired Lakshmi Commercial Bank in Oriental Bank of Commerce (1943) bid in 1985. Head Quarter: New Delhi Chairman: Mr.R.K. Dubey Chairman: Nagesh Pydah Slogan: Together we can Slogan: Where evey individual is Branches: more than 3432 committed Central Bank of India (1911) Punjab & Sind Bank (1908) 9 BankExamsToday.com TestPanda.com IBPStoday.com Head Quarter: New DelhiGK Digest – RBI ASSISTANTChairman: Exam Mr.Arun Kunal

Founding fathers are Bhai Vir Singh, Sir Sunder Slogan: Trust and Excellence since Singh Majithia, Sardar Tarlochan Singh. 1904

Chairman: Jatinder Bir Singh Branches: more than 2000

Slogan: Where service is way of life Union Bank of India (1919)

Branches: more than 900 Head Quarter: Mumbai

Punjab National Bank (1894) Mahatama Gandhi inaugurated it.

Head Quarter: New Delhi CMD: Mr.Arun Tiwari

It is Indigenous bank of India and 2nd largest Comm. Slogan: Good people to bank with Bank of India United Bank of India (1950) Chairman: Mr.K.R. Kamath Head Quarter: Kolkata Slogan: The name you can bank Chairman: Mr.Bhaskar sen upon Slogan: The Bank That Begins With Branches: more than 4500 ‘U’

Branches: more than 1443 Syndicate Bank (1925) Vijaya Bank (1931) Head Quarter: Manipal Head Quarter: Bangalore Chairman: Mr.Sudhir Kr. Jain CMD: Mr.V. Kannan Slogan: Faithful Friendly Slogan: A friend you can bank upon Branches: more than 2650

UCO (United Commercial Bank) 1943

Head Quarter: Kolkata

10 BankExamsToday.com TestPanda.com IBPStoday.com MovieGK Digest awards– RBI ASSISTANT held Examin 2014

61ST NATIONAL FILM AWARDS Award Winner

Best popular film providing wholesome Bhaag Milkha Bhaag entertainment

Nargis Dutt Award (National Integration Thalaimuraigal (Tamil) Award)

Best Actor Raj Kumar Rao (for Shahid) and Suraj Venjaramoodu (Peraiyathavar - Malyalam film)

Best Actress Geetanjali Thapa (for Liar’s Dice)

Best Film (Hindi) Jolly LLB

Best Director Hansal Mehta (for Shahid)

Non feature film on social issues Gulabi Gang (Hindi-Bundelkhand)

Non feature film Rangbhoomi (Hindi)

Best book on cinema Cinema Ga Cinema written by Nandagopal (in Telugu)

Best children film Kaphal (Hindi)

Best English film The Coffinmaker

86TH ACADEMY AWARDS (OSCARS) Award Winner

Best picture 12 years a slave

11 BankExamsToday.com TestPanda.com IBPStoday.com Best Actor GK Digest – RBI ASSISTANTMatthew McConaugheExam for movie Dallas Buyers Club

Best Actress Cate Blanchett for Blue Jasmine

Best Director Alfonso Cuaron for Gravity

Best Foreign Language film The Great Beauty (Italian)

15TH IIFA (INTERNATIONAL INDIAN FILM ACADEMY) AWARD: (MACAU) Award Winner

Best film Viacom 18 motion pictures Bhaag Milkha Bhaag

Best Actor Farhan Akhtar

Best Actress Deepika Padukone

Best Director Rakeysh Omprakash Mehra

Most popular all time international star John Travolta

Performance in comic role Arshad Warsi in Jolly LLB

Entertainment of the year Deepika Padukone

Life Time Achievement Shatrughan Sinha

59TH FILMFARE AWARDS Award Winner

Best film Bhaag Milkha Bhaag

Best Actor Farhan Akhtar (BMB)

Best Actress Deepika Padukone

Best Director Rakesh Omprakash Mehra

12 BankExamsToday.com TestPanda.com IBPStoday.com Life Time Achievement AwardGK Digest – RBI ASSISTANTTanuja Exam

56TH GRAMMY AWARDS Award Winner

Song of the year Royals by Joel Little and Lorde

Album of the year Daft Punk win 4 awards

Best pop solo performance Royals by Lorde Biggest winner with 4 awards best new artists and most of the grammy rap categories won by Macklemore and Ryan Lewis

71ST GOLDEN GLOBE AWARDS Award Winner

Best Actor (in motion picture) Leonardo Dicaprio (for film The Wolf of Wall Street)

Best Actress Cate Blanchett (Blue Jasmine)

Best Director Alfonso Cuaran (Gravity)

Best motion picture (Comedy or musical) Americn Hustle

Best motion picture drama 12 years a slave

44TH INTERNATIONAL FILM FESTIVAL OF INDIA (IIFI) Award Winner

Beatriz’s War (Co-Directors: Luigi Acquisto and Golden Peacock Netu Reis’s)

Silver Peacock

13 BankExamsToday.com TestPanda.com IBPStoday.com The Best Director GK Digest – RBI ASSISTANTKaushik Ganguly Exam for Bengali film “Apur Panchali”

Special Jury Award Thou Gild’s (a Turkish film)

Best Actor Alon Moni Aboutboul for an Israeli Move ‘A Palace in Heaven’

Best Actress Boczarska Magdalina for Polish Movie in Hiding

Special Centenary Award Bengali film ‘Maaghe Dhaka Tara’ directed by Kamleshwar Mukherjee

Life Time Achievement Award Jiri Menzel

Centenary Award for the Indian Film Waheeda Rehman Personality of the year 2013 was given to

The Chief Guest of the closing ceremony was Michelle Yeoh

Important facts about Grand Slam tournaments held in 2014

Tournament Facts Wimbledon Open 2014 (Grass) In Men’s final Novak Djokovic won Roger Federer in women’s final Petra Kvitov of Czech won from Eugnie Bouchard of Canada in Men’s Double Vasek Pospisil and Jack Sock won from Bob Bryan and Mike Bryan

in women’s Double Sara Errani and Roberta Vinci won from Timea Babos and Kristina Miadenovic A Rosewater Dish trophy is given to women’s final winner and challenge cup to men’s winner French Open (Clay) 2014 Played in Roland Garos, Men Single – Rafaeil Nadal of Spain won from Novak Djokovic of Serbia Rafael Nadal won the Roland Garros crowns for the

14 BankExamsToday.com TestPanda.com IBPStoday.com GK Digest5th time– RBI successively, ASSISTANT and 9th winnerExam and in total 14 grand slam winner, also known as King of Clay and retained 1st position women single – Maria Sharapova won from Simona Halep of Romania Maria Sharapova won the 5th grand slam already in 2012 she won all the 4 grand slams of the year. After this competition, she became No.5th player in rank. Prize Money total Euro 18718000, Single winner-Euro 1250000, Mixed Double-Euro 100000 per team Medal Trophies: Single Men-Coupe Des Mousquetairs, Women Single – Coupe Suzanne Lenglan, Mixed Double-Coupe Marcel Barnard Australian Open 2014 (Hard) Stanislas Wawrinka of Switzerland won Men’s final from Rafael Nadal in women’s final Li Na of Chin won from Dominika Cibulkova of Slovakia In women’s double Sara Errani and Roberta Vinci won from Ekaterina Makarova and Elena Vesnina In mixed double Daniel Nestor of Canada and Kristina Mladenovic (France) won from Sania Mirza and Horia Tecau (Romanian) Australian Open is played in Rod Laver Arena in Melbourne and trophies Norman Brookes Challenge Cup and Daphne Akhurst Memorial Cup are being given to Men’s and Women’s winner respectively. US Open 2013 (Hard) Rafael Nadal (Spain) won from Novak Djokovic (Serbian) Serena William won from Victoria Azarenka In men’s double the winners Leander Paes and Rodek Stepanek won from Alexander peya and Bruno Soares US Open was played in Arthur Ashe Stadium, Flushing Meadows ground of New York. The winners in single got $1.9 mn and the runners got $ .95mn. higher investment rate and automatically this would help in job creation.

Highlights Union Budget 2014 Taxes and Interests Arun Jaitley, The Finance Minister of Narendra  Income tax exemption limit raised from Modi's cabinet presented, Union Budget. I must Rs.2 Lakh to Rs.2.5 Lakh say that this budget is "Growth Oriented". Deduction limit under Section 80-C Government planned to invest lots of funds on  raised to Rs.1.5 Lakh setting up of new educational institutes and one of the most important step that government took -  Annual PPF ceiling hiked to Rs.1.5 Lakh Increase in limit of 80C. This would lead to  No tax for income upto Rs.3 Lakh for senior citizens

15 BankExamsToday.com TestPanda.com IBPStoday.com  Housing loan interestGK deduction Digest limit– RBI ASSISTANTPushing Exam to the front: India’s strategic interests raised from Rs.1.5 Lakh to Rs.2 Lakh demand state-of-the-art weapons and capability Aim: Save taxpayers from burden to deploy troops swiftly

Women’s Safety Agriculture  Rs.50 Crore for safety for Women on  Rs.100 Crore for Agri-infrastructure fund public road transport  Rs.50 Crore for indigenous cattle  Rs.150 Crore security net in large breeding cities  Rs.8 Lakh Crore for agriculture credit  Crisis Management centres to come  Government to formulate new urea up in Delhi policy  Rs.100 Crore for ‘Beti Padhao, Bet  Rs.500 Crore for price stabilization fund Bachao Yojana’  Rs.100 Crore for Kisan Television Aim: 2013 saw a crime spike by 26.7% compared to the  Farmers to get loans at 7% previous year. Nirbhaya like incidents drew worldwide  Two IARI like institutions of excellence condemnation in Assam and Jharkhand Aim: To encourage R & D and rationalize Power & Energy fertilizer prices to boost rural economy  Rs.500 Crore for solar power projects  24 × 7 power supply to all homes  Rs.100 Crore for “Ultra Modern Super Critical Coal Based Thermal Power Tourism Technology”  E-visas at nine airports, Rs.500 Crore for  Rs.200 Crore for power reforms in Delhi 5 new tourist circuits Why: For meeting ever growing demand.  National Heritage city Development and Villages and rural areas to benefit most. Augmentation Yojana  Rs.100 Crore for the preservation of Education archaeological sites  5 new IITs and an equal number of IIMs, Target: More revenue and foreign currency. 4 new AIIMS Government looks forward to an average annual  Rs.28,635 Crore for Sarva Shiksha growth of 8% per year Abhiyan  Rs.4,966 Crore for the Rashtriya Infrastructure Madhyamik Shiksha Abhiyan  Rs.37,850 Crore allocated for road Aim: To check high school dropouts and boos building plan via NHAI, including higher education Rs.3000 Crore for the North East  Rs.11,635 Crore to develop existing ports Defence & harbours  Gets Rs.2.29 Lakh Crore, One-Rank –  Schemes for development of airports in One- Pay adopted tier-I and II cities via AAI and PPP  FDI limit raised from 26% to 49%  Rs.7,060 Crore allocated for 100 smart  Rs.1000 Crore for border area rail cities network  Rs.100 Crore for metro projects in  Additional Rs.5000 Crore for the Lucknow and Ahmedabad modernization of armed forces The way ahead: To clear highways sector from the maze of clearances.

16 BankExamsToday.com TestPanda.com IBPStoday.com Markets & Banking GK Digest – RBI ASSISTANT ExamAll government departments, ministries  PSU Banks to raise Rs.2.40 Lakh Crore to be integrated through e-platform by capital by 2018 31 Dec., 2014  Introduction of uniform KYC norms Aim: to promote the use of new technology and  One single operating DMAT Account integration of technology across sectors.  Two bank accounts in each household to be opened Rural Development What it means: Banking facilities for all households  Rs.500 Crore for Deen Dayal Upadhaya Gram Jyoti Yojana Customs & Excise  Rs.14,389 Crore for Pradhan Mantri  Colour picture tubes exempted from Gram Sadak Yojana basic customs duty  Initial sum of Rs.100 Crore for Village  Basic customs duty on LCD, LED panels Entrepreneurship Programme below 19 inches reduced  New programme Neeranchal to give  More proposals to cut excise on food impetus to watershed development with processing and footwear an initial outlay of Rs.2,142 Crore  Cigarattes, tobacco products, aerated  Swatch Bharat Abhiyaan targeting total water containing sugar to become sanitation by 2019 expensive  Low interest loan scheme for women self Aim: To curb use of tobacco products as help groups smoking results in 1 million deaths every year and 20% of the total deaths in the country. Tax exemption limit increased from 2 lacs to 2.5 lacs

Much awaited and expected decision from FM. Although Sports it was expected that tax exemption limit will be increased  Rs.200 Crore for upgrading indoor and to 3 lacs but it is increased to 2.5 lacs only. Government outdoor facilities in Jammu and Kashmir tried to relief to inflation stricken public.  Rs.100 Crore allocated for Sports University in Manipur Individual resident below 60 years of age (i.e. born on or  Rs.100 Crore for training sportsmen and after 1st April 1953) or any NRI, HUF, AOP, BOI or women for upcoming Commonwealth AJP* and Asian Games. Aim: As sports have not been mainstreamed to date, was a need to set up national level Income Tax Slabs academies for major games in different parts of the country. Income Slabs Tax Rates I. Where the total income NIL Information Technology does not exceed  Tax benefits for IT industry restored Rs.2,00,000/-  FDI to be allowed in e-commerce sector II. Where the total income 10% of amount by to provide much needed boost to the exceeds Rs.2,00,000/- but which the total online retail industry does not exceed Rs. income exceeds  Rs.100 Crore set aside for development 5,00,000/-. Rs. 2,00,000/- of Technology Development Fund III. Where the total income Rs.30,000/- +  Biotech clusters to be set up in Bangalore exceeds Rs.5,00,000/- but 20% of the and Faridabad does not exceed Rs. amount by which 10,00,000/- the total income exceeds Rs. 17 BankExamsToday.com TestPanda.com IBPStoday.com GK5,00,000/ Digest- – RBI ASSISTANT Exam IV. Where the total income Rs.130,000/- + Important Organizations exceeds Rs.10,00,000/- 30% of the amount by which and their Abbreviations the total income exceeds Rs.  IOD- Indian Ocean Dipole 10,00,000/-  ICANN- Internet Corporation for Assigned Names and Numbers Surcharge : Nil  CCI- Competition Commission of India Education Cess : 3% of the Income Tax.  DGCA- The Directorate General of Civil Aviation * Abbreviations used :  UNESCO- United Nations Educational, NRI - Non Resident Individual; HUF - Hindu Scientific and Cultural Organization Undivided Family; AOP - Association of Persons; BOI -  IAEA- International Atomic Energy Agency Body of Individuals; AJP - Artificial Judicial Person (IAEA)  NFSA- National Food Security Act I. Individual resident who is of the age of 60 years  UNEP- United Nations Environment Programme or more but below the age of 80 years at any time  NDMA- National Disaster Management during the previous year (i.e. born on or after 1st Authority April 1933 but before 1st April 1953)  MPA- Marine Protected Area  OHCHR- Office of High Commissioner for Human Rights New Schemes introduced in  DRSC- District-level Road Safety Committees  AICTE :- All India Council of Technical Budget 2014 Education  AIIMS :- All India Institute of Medical Sciences Scheme Fund Allocation  ASSOCHAM :- Associated Chamber of Textile Cluster 200 Crore Commerce and Industry Kisan Television 100 Crore  BIS :- Bureau of Indian Standards Four new AIIMS 500 Crore  CSIR :- Council of Scientific and Industrial Research Modernization of Madrassas 100 Crore  CVC :- Central Vigilance Commission Community Radio Centres 100 Crore  DGCA :- Director General of Civil Aviation Agricultural University 200 Crore  ECIL :- Electronic Corporation of India Limited Beti Padhao Beti Badhao 100 Crore  FCI :- Food Corporation of India Yojana  FICCI :- Federation of Indian Chamber of ‘Statue of Unity’ of Sardar 200 Crore Commerce and Industry Vallabh Patel  FIEO :- Federation of Indian Export National rural internet and 500 Crore Organization technology mission  IDFC Infrastructure Development Finance Co. New and renewable energy 500 Crore Ltd. Soil health card policy 100 Crore  GATT :- General Agreement on Tariff and Trade Soil testing lab 100 Crore  AICI Agricultural Insurance Corporation of Metro rails development 100 Crore India project  CCIC Central Cottage Industries Corporation  CCI Consumer Confidence Index  EFTA European Free Trade Association  ISRO–Indian Space Research Organisation 18 BankExamsToday.com TestPanda.com IBPStoday.com  ICICI–Industrial Credit andGK Investment Digest – RBI ASSISTANT6. RBI has Exam cancelled the licence of The Vasavi Co- Corporation of India operative Urban Bank Ltd.  HDFC–Housing Development Finance 7. Reserve Bank of India drafted guidelines to Corporation implement the Bharat Bill Payment Scheme  NASA :-National aeronautics and space (BPPS) oftenly called as “any time any where” administration. bill payment system.  ESA :-Employment and support Allowance 8. Tata Consultancy Services (TCS) became the first Indian Company to cross Rs.5 Lakh Crore Market capitalization. Till today, no other Business and Economy national company can reach at this target. TCS is 1. Employees Provident Fund Organisation (EPFO) an IT Company. retained the rate of interest as 8.75% p.a. on the 9. Reserve Bank of India will launched Rs.1000 deposits of provident fund. note consisting the Rupee Symbol. 2. RBI has cancelled Certificate of Registration of 10. The Board of Reserve Bank of India has given six non-banking finanancial institutions the apporval to create the post of Chief Operating (NBFCs). The reason being that they cannot be Officer as per the needs of the economy. able to conduct business of non-banking 11. Reserve Bank of India announed that free ATM finanancial activities. It is hereby important to transactions for savings account holders in six noted that RBI at any time observed that if any metro cities will decrease from 5 to 3 from 01st institution cannot be able to bear the expenditures November 2014. That cities are Mumbai, New or losses then RBI cancelled the Certificate of Delhi, Chennai, Kolkata, Bengaluru and Registration of that institution immediately. Hyderabad. 3. HDFC (Housing Development Finance 12. India ranked at 5th position in Renewables Global Corporation) is fast growing private sector bank Status Report 2014 while China ranked at 1st who will open a school in Gurgaon. This will be position. First time this report was relased in the the first financial organization who taken this year 2005. type of step. 13. The merger of Mumbai and Kolkata will held 4. According to the Bloomberg Billionaire’s Index, with Maharashtra and West Bengal under the Shri Dilip Singhvi, the founder and MD of Sun Department of Telecom. After the mergeness of Pharmaceutical Industries topped the gloabal rich these cities, the telecom subscribers who list with $17.2 billion. Sun Pharmaceutical travelling from these cities will free from the Industries is the fastest growing healthcare roaming charges. The present Telecom Minister company. is Ravi Shankar Prasad. 5. Reserve Bank of India reduced the Statutory 14. The Korean handset maker Samsung still Liquidity Ratio (SLR) by 50 basis points to 22% continues to lead the smartphone market with but the repo rate remains the same announced by 29% share as per the report of International Data the RBI Governor Raghuram Rajan. Corporation which is a market research to conduct analyzing in information technolgy and Policy Rates telecommunications. The Chief Executive Officer of International Data Corporation is Kirk  Bank Rate 9.0% Campbell.  Base Rate 10% to 10.25% 15. Colgate palmolive appointed Issam Bachaalani as  CRR 4.0% Managing Director of India. Colgate palmolive  Repo Rate 8.0% Company is the multinational company which is  Reserve Repo Rate 7.0% focus on the healthcare products like soaps,  SLR 22% detergents etc. The Chief Executive Officer of  Term Deposit Rate 8% to 9.05%

19 BankExamsToday.com TestPanda.com IBPStoday.com Colgate Palmolive CompanyGK is DigestIan M. Cook– RBI and ASSISTANT25. Reliance Exam Jio Infocomm Ltd. signed the deal with its headquarter in New York. BSNL for sharing the towers. Reliance Jio 16. The 2nd largest private sector bank of India i.e. Infocomm Ltd. is the first telecom company to HDFC Bank opened its Branch in Dubai. The get the unified licence for all the 22 service areas HDFC Bank taken this step to see the large in all over India. quantity of Indians in Dubai. Before this the bank 26. Air India will sell tickets for Rs.100 excluding has already opened its two international branches tax on the eve of Air India Day i.e. on 27th in Bahrain and Hong Kong. The Chief Executive August 2014, the day on which the Indian Officer of HDFC Bank is Aditya Puri. Airlines merged with Air India 7 years back i.e. 17. The Swachh Bharat scheme gets Rs.200 Crore in the year 2007. from Tata Consultancy Services and Bharti 27. INTERPOL appointed Shah Rukh Khan as its Foundation for working this scheme. The Chief Ambassador. The Headquarter of INTERPOL is Executive Officer of Tata Consultancy Services in France. After the appointment, he became the is Natarajan Chandrasekaran. The Chief first Indian to become Ambassador of Executive Officer of Bharti Foundation is Vijay INTERPOL. Chadda. 28. More than 1.5 Crore accounts opened all over 18. The renowned Private Sector Bank i.e. ICICI India under the Pradhana Mantri Jan Dhan Bank launched EMI facility on debit cards with Yojana, a Yojana announced by the Prime the condition to have FD in tha bank. With this Minister on the eve of Independence Day, few launching, ICICI Bank became the first bank to days back. This is a big record in the Indian launch this type of facility. banking industry that 1.5 Crore accounts opened 19. The Ministry of Finance gave the instructions to just in One day. forensic audit to take an audit regarding the 29. Indian Railway Catering and Tourism misappropriation of funds committed by Dena Corporation (IRCTC) launched the new Bank and Oriental Bank of Commerce. application for all the Black Berry Smartphone 20. International Finance Corporation launched users. With this application, all the Black Berry $2.5bn onshore Indian ruppe programme to Smartphone users can book the train tickets. strengthen the support infrastructure development and capital market. International Finance Corporation is the member of World Bank Science and Technology th Group. 1. Indian Air Force received its 6 C-17 th 21. The Indian companies Tata Consultancy Services Globemaster – III aircraft on 28 July 2014. th (TCS), Sun Pharma Industries, Hindustan 2. 6 C-17 Globemaster – III launched in Indian Air Unilever, Larsen & Toubro (L & T), Bajaj Auto Force. This success of Indian Air Force wil listed in the Forbes list among 100 most enhance the Operational Potential of itself. innovative companies. 3. Two Indians Rishi Israni and his wife Pranoti 22. ITC Limited listed in India’s most admired invented a Robot which will produce one baked companies. Approximate, 45 companies listed in chapati. This is world’s first Chapati Making the FORBES list. Robot. The Rotomatic device is the first device to 23. Tata Value Homes signed an angreement with be used in Robotic Technology. th Snapdeal to enable the users to buy houses 4. On 8 August 2014 India and USA decided to for online. co-development and co-production of advanced 24. Cox & Kings Ltd., a travel company got the weapons systems which will revive the Defence contract of Deccan Odyssey, a luxury train Trade and Technology Initiative between India service of Maharashtra Tourism Development and USA. Corporation for the term of 5 years. 5. SHERLOC is the first UV Raman Spectrometer that will fly in Mars. SHERLOC (Scanning Habitable Environments with Raman and 20 BankExamsToday.com TestPanda.com IBPStoday.com Luminescence for OrganicsGK and Digest Chemicals)– RBI will ASSISTANTAns. Goal-line Exam technology and vanishing foam for carried by the Mars 2020 rover mission. free kicks. 6. NASA’s ISEE-3 vintage spacecraft successfully completed the visit to the earth moon system. 7) When was the first FIFA World cup held? Originally this spacecraft was launched in the Ans. 1930 year 1978. 7. Mars Environmental Dynamics Analyzer 8) Name the countries which have so far lifted FIFA WC (MEDA) would be carried in 2020 to measure since it's startingin 1930? temoperature, measure the speed of wind and also Ans. Argentina, Brazil, England, France, Germany, the direction, presurre and wind and humidity of Italy, Spain and Uruguay air. 8. Radar Imager for Mars Subsurface Exploration 9) Which was the first team to be eliminated from FIFA (RIMFAX) will be sent to Mars to study the WC 2014? centimeter-scale resolution of the geologic Ans. Spain (the champions of 2010 WC) structure of the subsurface. RIMFAX is a ground penerating radar. 10) Germany lifted the FIFA WC 2014 defeating which 9. On 16th August 2014, Prime Minister of India team in the finals? Shri Narendra Modi will delivered INS Kolkata Ans. Argentina (By 1-0 margin) to Indian Navy. INS Kolkata will be the part of 44 warships. This is the first and largest made in 11) Which team became the first European team to win a India. World Cup in the Americas? 10. Google will be build knowledge vault to store the Ans. Germany information of whole the world by using an algorithm to turn the raw data. 12) Germany's win marked the first time that sides from the same continent had won three successive World Cups. Who were the earlier winners in 2010 and 2006? Sports Ans. 2010- Spain & 2006- Italy FIFA World Cup 2014 1) 2014 FIFA World Cup was the ..... FIFA World 13) Germany qualified for which tournament winning the Cup? world Cup? Ans. 20th Ans. 2017 FIFA Confederations Cup

2) Which country hosted the FIFA World Cup 2014? 14) First match of FIFA 2014 was between? Ans. Brazil Ans. Brazil and Croatia

3) The FIFA 2014 was held from __ to __? 15) Who scored the first goal of FIFA WC 2014? Ans. 12th June to 13th July Ans. Marcelo of Brazil (It was a self-goal which earned Croatia the lead in the 11th 4) Brazil had earlier hosted FIFA WC in which year? minute.) But at the end Brazil won the match Ans. 1950 3-1 with Neymar scoring 2 goals and Oscar one. 5) How many countries participated in the FIFA WC 2014? 16) Who was the referee in the opening match? Ans. 32 Ans. Yuichi Nishimura from Japan

6) Name the two new technologies used for the first 17) Who was the referee in the final match? time at a World Cup in 2014? Ans. Nicola Rizzoli from Italy

21 BankExamsToday.com TestPanda.com IBPStoday.com GK Digest – RBI ASSISTANTAns. James Rodríguez Exam of Colombia. He was followed 18) Total how many venues where there for FIFA by Thomas Müller- 05, Lionel Messi, Neymar WC 2014? and Robin van Persie with 04 goals. Ans. 12 30) How many goals were scored in FIFA WC 2014 in 19) Which stadium hosted the final match total? between Germany and Argentina? Ans. 171 goals by 121 different players. Ans. Maracana Stadium, Rio de Janeiro 31) How many self-goals were there in FIFA WC 2014? 20) Which was the official match ball of the 2014 Ans. 05 FIFA World Cup? Ans. Adidas Brazuca 32) Which player was suspended during FIFA WC 2014 for nine international matches and banned from taking 21) Brazuca was manufactured in which country? part in any footballing-related activity (including entering Ans. Sialkot, Pakistan any stadium) for four months, following a biting incident on Italian defender Giorgio Chiellini? 22) Which country reached their first Ans. Luis Suárez of Uruguay quarterfinals since 1986 in FIFA WC 2014? Ans. Belgium 33) Who scored the two hat-tricks of FIFA WC 2014? Ans. Thomas Muller of Germany and Xherdan 23) Name the two first-time quarterfinalists in Shaqiri of Switzerland FIFA WC 2014? Ans. Colombia and Costa Rica 34) Who won the Golden Ball in FIFA 2014 as best player of the tournament? 24) Which country set a World Cup record with Ans. Lionel Messi of Argentina four consecutive semi-final appearances in FIFA WC 2014? 35) Who was awarded the Golden Glove for best goal Ans. Germany keeper? Ans. Manuel Neuer of Germany 25) Who beacme the first player to appear in four World Cup semi-finals in FIFA WC 2014? 36) Who was given the Best Young Player award in FIFA Ans. Miroslav Klose WC 2014? 26) Miroslav Klose broke whose record with 16 goals to Ans. Paul Pogba of France become the highest scorer in the history of FIFA 2014? Ans. Ronaldo 37) Which team won FIFA Fair Play Trophy? Ans. Colombia 27) Which team secured third place in FIFA WC 2014? Ans. Netherlands. The defeated Brazil 3–0 in third 38) Which country will host the next FIFA WC place play-off. in 2018? Ans. Russia 28) Germany and Argentina faced each other in how many WC finals? Ans. Three (1986, 1990 and 2014) 1. Vikas Gowda became first athlete who brought the first athletics medal in Commonwealth 29) Who was awarded the Golden Boot for scoring six Games 2014. After this victory, Vikas Gowda goals in FIFA WC 2014? became India’s 2nd male athlete to win Gold Medal in Commonwealth Games, the first one

22 BankExamsToday.com TestPanda.com IBPStoday.com was Milkha Singh who GK won Digest Gold Medal– RBIin ASSISTANT7. The World’sExam superstar Usain Bolt won Gold athletics in the year 1958. Medal in Commonwealth Games, 2014 in men’s 2. Babita Kumari win Gold Medal in women’s free 4 × 100 m relay. He is from Jamaica. Usain Bolt style 55 kg wrestling in Commonwealth Games broke many records which were set by various 2014. athletes. 3. Jitu Rai won Gold Medal in 50m Air Pistol in 8. England successful to placed at 1st position in Commonwealth Games 2014. Commonwealth Games 2014 with 58 Gold 4. The closing ceremony of 20th Commonwealth Medals, 59 Silver Medals and 57 Bronze Medals. Games, 2014 held at Hampden Park Stadium, 9. Chika Amalaha the Weightlifter of Nigeria Glasgow, Scotland. The next 21st Commonwealth became the first to be caught in the dope offence Games, 2018 will he held in Gold Coast in in Commonwealth Games 2014. Australia. India has successful to win 15 Gold 10. Kapil Dev will become the Head of Arjuna Medals and total 64 medals. Awards Selection Committee while Ajit Pal The 15 Indian Gold Medalists are: Singh is likely to be charge of selecting the  Yogeshwar Dutt in Men’s wrestling 65 Dronacharya Awardees. Kapil Dev is a former kg freestyle Crickter who won the Cricket World Cup for  Sushil Kumar in Men’s wrestling 75 kg India in the year 1983 by defeating the then  Amit Kumar in Men’s wrestling 57 kg world’s strongest team West Indies while Ajit Pal  Babita Kumar in Women’s wrestling, 55 Singh is a famous hockey skipper. The present kg freestyle Sports Secretary is Ajit Sharan.  Vinesh Phogat in Women’s wrestling 48 11. The Cricket Team of India equalled the world kg record of maximum 6 played gone on ducks in a test innings. There are three more teams, their 6  Satish Sivalingam in Men’s weightlifting 77 kg players were gone on duck i.e. Pakistan, South Africa and Bangladesh. From the total four  Sukhen Dey in Men’s weightlifting 56 kg category teams, there are three teams from Asia. 12. The Indian Women Recurve team won Gold  K Sanjita Chanu in Women’s Medal in the Archery World Cup. In this World weightlifting 48 kg category Cup, the Indian team lead by Deepika Kumari.  Vikas Gowda in Men’s Discus Throw The world cup held at Wroclaw, Poland.  Jitu Rai in Men’s Shooting 50 m Pistol 13. The famous Crickter Virender Sehwag and  Rahi Sarnobat in Women’s Shooting 25 famous Boxer Mary Kom will promote a unity m pistol marathon for CRPF which is the largest  Apurvi Chandela in Women’s shooting paramilitary force of India. The Chief of CRPF is 10 m Air Rifle Dilip Trivedi.  Abhinav Bindra in Men’s 10 m Air Rifle 14. The famous Indian sportsperson Ravichandran  Dipika Pallikal in Women’s Squash Ashwin declared No.1 Test All-rounder in Test  Joshana Chinappa in Women’s Squash Cricket. India slipped at 4th position in ICC Test  Parupalli Kashyap in Men’s Badminton Cricket. South Africa placed at No.1 position. 15. Ravichandran Ashwin became 46th Indian 5. Parupalli Kashyap became the first shuttler in Cricketer who will receive Arjuna Award which Men’s singles to win a Gold Medal in was started in the year 1961 who perform their Commonwealth Games in the last 32 years. best and achieve the outstanding performance in 6. Sabine Lisicki created the world record by fastest sports. However, Rajiv Gandhi Khel Ratna serve in Women’s Tennis. She is from Germany Award will not to be given any sportsperson this which country recently won the FIFA World Cup year. 2014.

23 BankExamsToday.com TestPanda.com IBPStoday.com 16. The famous Sri Lankan CricketerGK Digest namely –KumarRBI ASSISTANT25. Serena Exam Williams won Cincinnati Master after Sangakkara break the record of Sir Don Bradman defeating Ana Ivanovic. This is her first by completing his 10th Double Century. He Cincinnati title. completed his 10th Double Century against 26. Adille Sumariwala will head the Indian Pakistan. contingent for Asian Games which will be hed in 17. The famour Tennis Superstar Roger Federer won October 2014. He is the President of the Athletics his 300th match during the Master Tournament. Federation of India. 17th Asian Games will be Recently he ranked World No.3 best Tennis held in South Korea. Player by the Association of Tennis 27. Tech Mahindra ties up with the famous former Professionals. Roger Federer belongs to hockey player Shri Dhanraj Pillay to encourage Switzerland. and promote the game hockey. Dhanraj Pillay is 18. Jo-Wilfried Tsonga won the Rogers Cup after the Manager of Indian Hockey Team. He also beating Roger Federer. Recently he ranked awarded with Arjuna Award. World No.10 best Tennis Player by the 28. Max Verstappen will become the youngest F1 Association of Tennis Professionals. Jo-Wilfried (Formula 1) driver. Now, he is just 16 years old. Tsonga belongs to France. He is from Netherlands. 19. On 12th August 2014, Jo Pavey became the oldest 29. The State of Madhya Pradesh became the woman to win the Gold Medal in European member of Hockey India. It is the 23rd member of Championships. This champoionship has Hockey India. Hockey India is the apex body of organized by European Athletics Association. India to promote the Hockey in youth. Recently, She won a Bronze Medal in 30. The American swimmer namely Katie Ledecky Commonwealth Games 2014. created a new world record in Women’s 1500 20. Real Madrid Football Club won the UEFA meter freestyle in swimming by breaking her own Footbal Super Cup by defeating the Sevila record at Pan Pacific Championship. She created Footbal Club. Now, Real Madrid has 14 a record by swam the distance in 15 minute 28.36 European Trophies included this one. The UEFA seconds. Till now, she won 5 gold medals. Super Cup is organized annualy. 31. Daniel Ricciardo from Australia won Belgium F1 21. The State of Himachal Pradesh will host the Grand Prix which held on 24th August 2014. Paragliding World Cup in the next year 2015 32. On 29th August, i.e. the birth anniversary of which will be organized by Paragliding World former Hockey Player Dhayan Chand, National Cup Association. Sports Day celebrated throughout the country. 22. Kush Kumar became the first Indian player to Dhyan Chand is also known as the Hockey reach at semi-final of the World Junior Squash Magician. Championship. He is a professional Squash 33. The new International Hockey Stadium Player. The President of World Squash inaugrated in Raipur on the eve of National Federation is Cyrus Poncha. Sports Day. This is the 2nd International Hockey 23. Judit Polgar the famous Chess Player retired from Stadium established in the State of Chhatisgarh, competitive Chess Arena. She is the only Chess the first one was in Rajnandgaon. woman player who remains at No.1 position in the World’s Top players for consecutive 25 years. She is from Hungary. Now, the present World Chess Champion is Magnus Carlsen. Awards and Books 24. Roger Federer won Cincinnati Masters after defearing David Ferrer. This is his 80th carrer title 1. Bhartiya Mahila Bank Ltd. awarded by Banking and 6th at the Cincinnati Masters. System Initiative Award-2014. The Chairman of Bhartiya Mahila Bank Ltd. is Usha Ananthasubramanan. Basically, this bank has

24 BankExamsToday.com TestPanda.com IBPStoday.com working for economic empowermentGK Digest of – womenRBI ASSISTANT10. Sriram Exam Vedire, the National Convener of Water in India. Management Cell of Bhartiya Janta Party wrote a 2. Container Corporation of India Limited received book namely Gujarat’s success stry in Water Navratna Status granted by the Union Management mentioning that the water resources Government. This corporation is the 17th Central are well utilized resources to achieve the Public Sector Enterprise to receive this status. development of any State or any Country. 3. Bachendri Pal awarded by Bharat Gaurav Award 11. Three Members of Parliament namely Shri Arun organized by East Bengal Club. This is the Jaitley, Dr.Karan Singh and Shri Sharad Yadav highest award of East Bengal Club. Bachendri awarded the Parliamentarian Awards for the Pal was the first Indian woman to climb Mount excellence contribution in their parliamentary Everest in the year 1984. It is important to know duties. The awards have given by the President of that Bachendri Pal is Gold Medalist in India Shri Pranab Mukherjee. Mountaineering and also got Arjuna Award and 12. The Professor of Iran namely Maryam varous other awards and achievements. Mirzakhani became first woman to win the Top 4. Malala Yousufzai won Liberty Medal for the year Prize in Mathematics. She received the Fields 2014 given byy National Constitution Center, Medal which is generally known as the Noble USA. She awarded by this award for the Prize of Mathematics. The President of Iran is outstanding work of basic education and human Hassan Rouhani. rights in Pakistan because in Pakistan girl 13. The Global South Award given by International education and human rights were restricted by Political Science Association (IPSA) to Dr. Sunil Taliban. Malala Yousufzai also bageged Kumar who is the renowned Professor of Delhi Pakistan’s Civil Awards 2014. University on 13th August 2014 for his paper 5. Dr. Raghunath Anant Mashelkar honoured with titled as Chaning Landscape of Electoral Padma Vibhushan Award. He is a famous Democracy and Political Demography based on scientist. Padma Vibhushan is the highest civilian the General Election 2014. award of India. The Padma Awards are presented 14. The Tourism Ministry of India has declared that by the President of India. the State of Sikkim became the most favoured 6. Vyas Samman 2013, the prestigios award given destination for foregin tourists in the North-East in Hindi writing and peotry won by the famous Region. Before this, the State of Sikkim has Hindi writer Vishwanath Tripathi. This award declared the best place to visit. Moreover, Sikkim was started in the year 1991 by K.K. Birla also won the National Tourism Award 2012. Foundation. 15. Munjal Bhargava won the Noble Prize of 7. Sanjaya Rajaram won World Food Prize 2014. Mathematics. Moreover, Subhash Khot also won He is a famous scientist. The award has given by the Rolf Nevanlinna Prize which is awarded by the World Food Prize Foundation. This award Internation Mathematical Union. was started in the year 1986 by Dr.Norman 16. The highest peacetime gallantry award of Indian Borlaug. Army i.e. Ashok Chakra conferred to Late Maj. 8. Kedar Nath Singh won Jnanpith Award 2013. He Mukund Varadarajan. 12 Shaurya Chakras, 39 is a famous Hindi writer. The award has given by Sena Medals, 1 Nau Sena Medal and 2 Vayu Bhartiya Jnanpith Trust founded in the year 1961. Sena Medals also announced on the eve of the This award is given in the filed of excellence Independence Day. work in any Indian language. 17. Partha Mitra awarded Early Concept Grants for 9. The book namely Strictly Personal, Manmohan Exploratory Research (EAGER) to map the and Gursharan was written by Daman Singh. human brain alongwith Florin Albeanu. He is an Manmohan Singh was the 13th Prime Minister of neuroscientist in the USA. Brain Research India. This book is based upon Manmohan Singh throiugh Advancign Innovative and his wife Gursharan Kaur. Neurotechnologies (BRAIN) initiative is an

25 BankExamsToday.com TestPanda.com IBPStoday.com initiative by the governmentGK of Digest USA to identify– RBI ASSISTANT20. The neighbourExam country of India i.e. Pakistan the brain structures. Partha Mitra is the founder elected M.S. Swaminathan to honour with the of Mouse Brain Architecture Project. Degree of Doctor of Science. The Degree given 18. 22nd Rajiv Gandhi Natonal Sadbhavana Award by University of Agriculture which located in was presented to Muzaffar Ali, who is a famous city Faisalabad. M.S. Swaminathan is the poet and filmmaker. The award is given to those renowned Agriculture Scientist of India who also personaltity who give his/her contribution in awarded with World Food Prize, Ramon communal harmoney and peace. Magasaysay Award, Padma Bhushan and many 19. The renowned and oldest Wrestling school of other awards. India namely Guru Hanuman Akhara elected for 21. Yashwardhan Shukla wrote the novel ‘God of Rashtriya Khel Protsahan Puraskar for the year Antarctica’. He is just 13 years old school going 2014. The most famous wrestlers Dara Singh, boy. Sushil Kumar, Yogendra Kumar etc. were also taken coaching and training from Guru Hanuman Akhara.

List of important organization India and their heads Sr Head Organization 1. Mohd.Hamid Ansari Chairman, Rajya Sabha 2. Sumitra Mahajan Chairperson of Lok Sabha 3. Narendra D Modi Chairman, Planning Commission

4. Gulam Nabi Azad Leader of Opposition in Rajya Sabha 5. Narendra D Modi Leader of House in Lok Sabha 6. Mallikarjun Kharge Leader of Congress in Lok Sabha 7. V. Sampath Chief Election Commissioner 8. Syed Nasim Ahmed Zaidi Election Commissioner 9. Harisanker Brahma Election Commissioner 10. Pradeep Kumar Chief Vigilance Commissioner 11. Sujatha Singh Foreign Secretary 12. Shashi Kant Verma Comptroller & Auditor General of India 13. Jus. Vangala Eswaraiah Chairman, National Commission for Backward Classes 14. Rahul Khullar Chairman, Telecom Regulatory Authority of India 15. Ranjit Sinha CBI Director 16. Rameshwar Oran Chairman, National Commission for Scheduled Tribes 17. Naseem Ahmed Chairperson, National Commission for Minorities 18. Rajni Razdan Chairman, UPSC

26 BankExamsToday.com TestPanda.com IBPStoday.com 19. Sharad Kumar GK DigestDirector– RBI General, ASSISTANT National InvestigationExam Agency 20. Ved Prakash Chairman, UGC 21. K. Radhakrishnan Chairman, Space Commission and ISRO 22. R.K. Sinha Chairman, Atomic Energy Commission and Sec. Deptt. of Atomic Energy 23. A. Bhattacharya Chairman, SSC 24. K.G. Balakrishnan Chairman, Human Rights Commission 25. C. Chandramouli Registrar General of India and Census Commissioner 26. K.V.Choudhary Central Board of Direct Taxes 27. T.S. Vijayan Chairman, Insurance Regulatory Development Authority 28. U.K. Sinha Chairman, Securities & Exchange Board of India 29. Arundhati Bhattacharya Chairperson, State Bank of India 30. S.K. Roy Managing Director, LIC 31. Ashoke Kumar Mukherjee India’s permanent representative in UNO 32. Nirupam Sen Spl. Sr. Advisor to President of UN General Assembly 33. Mamta Sharma Chairperson of National Commission for Women 34. Y.V. Reddy Chairman, 14th Finance Commission 35. Ashok Chawla Chairman, Competition Commission of India 36. Leela Samson Chairperson, Central Board of Film Certification 37. Rana Kapoor President, ASSOCHAM 38. R. Chandrasekhar Chairman, NASSCOM 39. R. Chandrashekhar President, NASSCOM 40. Alok Joshi Director General, RAW 41. Amole Gupte Chairperson, Children Film Society of India 42. S. Banerjee Director, Bhabha Atomic Research Centre 43. Ajay S. Shriram President, CII 44. Siddhartha Birla President, FICCI 45. Sam Pitroda Chairman, National Knowledge Commission 46. Ramesh Sippy Chairman, National Film Development Corporation 47. Mrinal Pande Chairperson, Prasar Bharati 48. Ratan Tata Chairman, Investment Commission 49. Avinash Chander Scientific advisor to PM and Head DRDO 50. Jawhar Sircar Chairman, Prasar Bharati 51. T.M.Basin Chairman, Indian Banks Association 52. Rajeev Mathur Chief Information Commissioner 53. Prof. Parvin Sinclair Director, NCERT 54. Ajit Doval National Security Advisor

27 BankExamsToday.com TestPanda.com IBPStoday.com List of importantGK DigestInternational– RBI ASSISTANTorganizations Exam and their heads Sr Head Organization 1. BDavid Richardson CEO of ICC 2. Hassan Malik Chairman, SAARC 3. Anil Kumble Chairman, ICC Cricket Committee

4. Christine Lagarde Managing Director, International Monetary Fund 5. Irina Bokova Director General, UNESCO 6. Mukhira Kituyi Secretary General, UNCTAD 7. Peter Tomka President, International Court of Justice 8. Takehiko Nakao President, Asian Development Bank 9. Kamlesh Sharma Secretary General, Commonwealth 10. Roberto Azevedo Director General, WTO 11. N. Srinivasan President, International Cricket Council 12. Jim Yong Kim President World Bank 13. Yukia Amano Director General, International Atomic Energy Agency 14. Jan Eliasson First Dy. Secretary General, UNO 15. Arjun Bahadur Thapa Secretary General, SAARC 16. Salil Sethi Sec. Gen, Amnesty International 17. Helen Clerk Director General of UNDP 18. Klaus Schweb Chairman, WEF (World Economic Forum) 19. Ban Ki Moon Secretary General, United Nation Organization 20. Hassan Rouhani Chairperson/Secretary Gen. of NAM 21. Phumzile Mlambo Nqcuka Head of UN Women 22. Thomas Bach President, International Olympic Committee 23. N.Ramachandran President, Indian Olympic Association 24. Prince Zeid al Hussein UN High Commissioner for Human Rights GK Digest – RBI ASSISTANTMay 24 Exam Commonwealth Day Important Days May 31 Anti-tobacco Day June 4 International Day of Innocent Children Victims of January 9 NRI Day Aggression January 10 World Laughter Day June 5 World Environment Day January 12 National Youth Day June 3rd Sunday Father's Day January 15 Army Day June 14 World Blood Donor Day January 26 India's Republic Day, June 26 International Day against International Customs Day Drug Abuse and Illicit January 30 Martyrs' Day; Trafficking World Leprosy Eradication Day July 1 Doctor's Day 2nd Sunday of Feb. World Marriage Day July 6 World Zoonoses Day February 24 Central Excise Day July 11 World Population Day February 28 National Science Day August 3 Internatioal Friendship Day 2nd Monday of March Commonwealth Day August 6 Hiroshima Day March 8 International Women's Day Intl. August 8 World Senior Citizen's Day literacy Day August 9 Quit India Day, March 15 World Disabled Day Nagasaki Day World Consumer Rights Day August 15 Indian Independence Day March 18 Ordnance Factories Day (India) August 18 IntI. Day of the World's March 21 World Forestry Day Indigenous Peoples Intl. Day for Elimination of August 19 Photography Day Racial Discrimination August 29 National Sports Day March 22 World Day for Water September 2 Coconut Day March 23 World Meteorological Day September 5 Teachers' Day; March 24 World TB Day Sanskrit Day April 5 International Day for Mine Awareness; September 8 World Literacy Day National Maritime Day (UNESCO) April 7 World Health Day September 15 Engineers' Day April 17 World Haemophilia Day September 16 World Ozone Day April 18 World Heritage Day September 21 Alzheimer's Day; April 21 Secretaries' Day Day for Peace & Non-violence April 22 Earth Day (UN) April 23 World Book and Copyright Day September 22 Rose Day (Welfare of cancer May 1 Workers' Day patients) (International Labour Day) September 26 Day of the Deaf May 3 Press Freedom Day; September 27 World Tourism Day World Asthma Day October 1 International Day for Elderly May 2nd Sunday Mother's Day October 2 Gandhi Jayanthi May 4 Coal Miners' Day October 3 World Habitat Day May 8 World Red Cross Day October 4 World Animal Welfare Day May 9 World Thalassaemia Day October 8 Indian Air Force Day May 11 National Technology Day October 9 World Post Office Day May 12 World Hypertension Day; October 10 National Post Day International Nurses Day October 2nd Thursday World Sight Day May 15 International Day of Family October 13 UN International Day for May 17 World Telecomm. Day 29 BankExamsToday.com TestPanda.com IBPStoday.com Natural Disaster Reduction GK Digest – RBI ASSISTANT Exam D V Sadananda 7 Railways October 14 World Standards Day Gowda October 15 World White Cane Day (guiding Water Resources, River Development the blind) 8 Uma Bharati and Ganga Rejuvenation October 16 World Food Day Dr Najma A October 24 UN Day; 9 Minority Affairs World Development Information Day Heptulla Rural Development, Panchayati Raj, October 30 World Thrift Day 10 Nitin Gadkari November 9 Legal Services Day Drinking Water and Sanitation November 14 Children's Day; Diabetes Day Consumer Affairs, Food and Public Ram Vilas 11 November 17 National Epilepsy Day Distribution Paswan November 20 Africa Industrialisation Day 12 Micro, Small and Medium Enterprises Kalraj Mishra November 29 International Day of Solidarity 13 Women and Child Development Maneka Gandhi with Palestinian People December 1 World AIDS Day 14 Chemicals and Fertilizers Ananth Kumar December 3 World Day of Handicapped Communications and Information Ravi Shankar 15 December 4 Indian Navy Day Technology, Law and Justice Prasad December 7 Indian Armed Forces Flag Day Ashok Gajapathi 16 Civil Aviation December 10 Human Rights Day; Raju Pusapati IntI. Children's Day of Heavy Industries and Public 17 Anant Geete Broadcasting Enterprises December 18 Minorities Rights Day Harsimrat Kaur December 23 Kisan Divas (Farmer's Day) 18 Food Processing Industries Badal Narendra Singh 19 Mines Steel Labour and Employment Tomar 20 Tribal Affairs Jual Oram Prime Minister and Council of Ministers - India Radha Mohan S.no Portfolio Name 21 Agriculture Singh Cabinet Ministers of India 2014 Thaawar Chand 22 Social Justice and Empowerment Prime Minister and also in-charge of Gehlot the Ministries/Departments not 23 Human Resource Development Smriti Irani specifically allocated to the charge of Dr Harsh any Minister 24 Health and Family Welfare 1 Narendra Modi Vardhan Personnel, Public Grievances and Pensions Ministers of State with Independent Charge Development of North Eastern Department of Atomic Energy General VK 1 Region, External Affairs, Overseas Department of Space Singh Indian Affairs 2 Home Affairs Rajnath Singh Planning, Statistics and Programme Inderjit Singh External Affairs, Overseas Indian 2 3 Sushma Swaraj Implementation, Defence Rao Affairs Textiles, Parliamentary Affairs, Water 4 Finance, Corporate Affairs, Defence Arun Jaitley Santosh Kumar 3 Resources, River Development and Gangwar Urban Development Housing, Urban Ganga Rejuvenation M Venkaiah 5 Poverty Alleviation, Parliamentary Naidu Shripad Yesso Affairs 4 Culture and Tourism Naik 6 Road Transport, Highways Shipping Nitin Gadkari 5 Petroleum and Natural Gas Dharmendra

30 BankExamsToday.com TestPanda.com IBPStoday.com GK DigestPradhan – RBI ASSISTANTFinancial Exam Terms A-Z Skill Development, Entrepreneurship, Sarbananda 6 Youth Affairs and Sports Sonowal A Information and Broadcasting Prakash 7 Environment, Forest and Climate Javadekar AGM - Annual General Meeting, it is the year meeting Change, Parliamentary Affairs held by every registered company. Agenda is to explain Power, Coal, New and Renewable the performance during the year, presentation of annual 8 Piyush Goyal Energy financial statements, voting on important financial Science and Technology Earth decisions. Any shareholder can participate in AGM. Sciences Prime Minister Office 9 Personnel, Public Grievances & Jitendra Singh Asset turnover ratio - This ratio can be explained as Net Pensions Department of Atomic assets / Total turnover or sales. This ratio measures the Energy, Department of Space operational efficiency of business assets. In simple terms Commerce and Industry, Finance Nirmala this measures how many time total assets turned in a year 10 Corporate Affairs Sitharaman and how efficiently the assets are used in a business. Ministers of State Acid test ratio - This is one of the important ratio to GM 1 Civil Aviation measure business liquidity. Business liquidity is defined Siddeshwara as ability of a business to pay it;s short term debts. Acid 2 Railways Manoj Sinha test ratio = Highly liquid assets / current liabilities 3 Chemicals and Fertilizers Nihalchand Rural Development Panchayati Raj Upendra American Depository Receipts - This is the way non-US 4 Drinking Water and Sanitation Kushwaha companies raises money from US investors. These shares Heavy Industries and Public Radhakrishnan can be traded in US stock exchanges and denominated in 5 Enterprises P US $. 6 Home Affairs Kiren Rijiju Amortization - It is an accounting technique by which Road Transport and Highways 7 Krishan Pal intangible assets are written off over a period of time. For Shipping example provision for doubtful debts or preliminary Agriculture, Food Processing Dr Sanjeev 8 expenses are written off over a certain period of time. Industries Kumar Balyan Mansukhbhai Annuity - It is an investment scheme under which 9 Tribal Affairs Dhanjibhai investor makes recurring investments and lump sum Vasava payment is made to him at the end. Common example is Consumer Affairs, Food and Public Raosaheb Recurring deposit account at a post office where people 10 Distribution Dadarao Danve makes small monthly deposits and gets their money back 11 Mines, Steel, Labour and Employment Vishnu Deo Sai at the end of period. Benefit of Annuity is investor gets compound interest over a period of time. Sudarshan 12 Social Justice and Empowerment Bhagat Asset Management Company - AMC is a company that pools and invests investor money in pre-determined goals. Pool of funds is known as Mutual fund.

Audit - Financial statement and physical stock is checked annually by professional auditor (Chartered Accountant affiliated by ICAI in India)

31 BankExamsToday.com TestPanda.com IBPStoday.com B GK Digest – RBI ASSISTANTDividend - Dividend Exam is the amount per share paid by a company to its shareholders. Dividend value is based Book-keeping - Recording of financial transactions in upon company's profitability. books of account. Dividend payout ratio - It is the ratio of dividend paid Bear market - A market situation in which most of the per share and EPS ( Earning per share ) investors thinks that markets will fall. Double entry bookkeeping - It is a method of bookkeeping in which every transaction is recorded two Balance of Payment - BOP is the difference between a accounts. Once in debit side and once in credit side. country's exports and imports. E C Earning per share - Earnings made by a company in a Capital - Wealth invested by an entrepreneur on his financial year divided by number of issued shares. business. Capital = Assets - Liabilities Equity - Value of a business. Equity = Total assets - Capital gain - Gain by selling a capital asset in which a Total liabilities person is not doing business. Income by selling a house by a bank employee is a capital gain whereas when a Ex-divided - Ex-dividend means without dividend. When builder do the same thing it is Income from business and a seller makes a ex-dividend sales contract then he is professional. entitled to get dividend or interest payment.

Current asset - An asset that can be converted into cash EBIT - Earning before interest and taxes with 12 months. For example - debtors, stock etc. EBT - Earning before tax Credit rating - A ranking applied to an individual, business or a nation based upon its credit history and EAT - Earning after tax current financial position. There are various credit rating companies in India such as Crisil. F CPI - Consumer price index is measure to find price of a bundle of commodities. CPI is used to measure the Face value - The amount mentioned on face of a bond inflation in a country. certificate.

D Fixed assets - Assets which can be seen such as machinery Debt consolidation - Debt consolidation is a process by which various loans and converted into a single loan to Financial year - A period of 12 months from 1st April to reduce interest rate and instalment value. 31st march

Depreciation - Depreciation is reduction in value of an Fundamental analysis - Analysis of a company based asset due wear and tear over a period of time. For upon financial and operational performance. example a company purchased a machine in 2005 and planned to charge 20% depreciation. In 2010 the machine Fiscal policy - Income and expenses management by will be written off from the books of account. Government.

32 BankExamsToday.com TestPanda.com IBPStoday.com Flat rate - Rate of interest in a contractGK Digest which remains– RBI ASSISTANTIPO - Initial publicExam offer is issue of stocks for the first same irrespective of market rate in future. time in the market.

Floating rate - Rate of interest which changes with Intangible assets – Assets which can’t be seen but have change in market rate. value for business. For example – Goodwill.

Fund manager - A person who manages a mutual fund Indemnity – A legal contract under which one party and tries to maximize fund's returns while sticking to promises to pay another for any loses incurred to them by fund's objectives. their acts.

G Interest rate risk – Risk that value of financial assets will deteriorate because of fall in interest rate. For Gearing - It is the ratio of debt to equity example value of bonds decreases with decrease in interest rate. Goodwill - Intangible assets that defines firm's reputation in monetary terms. Irredeemable stocks – Stocks which can’t be exchanged for cash in future. Gross profit = Net sales - Net purchases - Direct expenses Indirect Costs - Indirect cost is a cost incurred on product that is not directly related to its production. GDP - Gross domestic product is the aggregate value of goods and services produced by every person of a nation. J

GST - Goods and services tax is the same tax system for Junk fund – A fund which invests investor’s money in everything. It is proposed that GST will replace the multi junk investments means high risk investments which high tax system in India by 2015. returns.

H K

Hedging - Hedging is a technique used by investors to KYC – Know Your Customer policy is mandatory in protect themselves from adverse price movements. India and every investor irrespective of his investment Derivatives are used for hedging in which hedgers takes volume needs to furnish his identity and residence details. the risk of price fluctuations. L Hedge funds - Mutual funds which invests in derivatives Libor – London I Liquidity – Ability of a business to pay off its short term Index - It is statistical measure used to find price debts with current assets. Currently NISL is facing variations in market. In stock markets most dominating liquidity crunch. stocks are grouped to make an index. For example - Sensex. Liquid assets – Assets which can be readily converted into cash Income statement A statement that represents both income and expenditure Liquid ratio – Liquid assets/Current liabilities of a business during a specific period of time.

33 BankExamsToday.com TestPanda.com IBPStoday.com Limited liability – Liability ofGK an Digest individual– orRBI a ASSISTANT Exam business up to the value of investment made in a business Net profit - Net profit is Gross profit minus indirect cost. See indirect costs M Net worth - Net assets - Total liabilities Monopoly - A situation in market where there are many buyers but a single seller exist. Nationalization - When Government takes control of a business, this is known as nationalization. Money market - Market dealing in short term lending and borrowing of funds. Also know as Cash market. NAV - Net Assets Value is mutual fund's per unit exchange traded price Monetary policy - Set of actions by Central bank of a country ( RBI in case of India) to control the supply of money. These actions included increase in interest rate, O open market purchases, changing commercial bank's reserve funds ratio (SLR) etc. Opportunity cost - Additional cost in production of an addition unit of product. Marginal cost - Additional cost to produce an extra unit of product. Options - Option is right to buy at pre-determined price at a future date. Option is used for hedging. Options Margin - Amount of profit added to cost price of each safeguards option-holder from future price fluctuations. unit of a product Overdraft - Facility given by a bank which allows its Margin call - Margin call term is used in two customers to withdraw more money than account balance. situations. First - Whenever a lender gives a secured loan Overdraft generally have high rate of interest as borrower and loan value is a fixed percentage of loan then can demand and return the loan anytime. whenever the value of security decrease below the decided ratio then lender given a margin call to borrower P to bring loan to security ratio to decided level. Secondly in stock exchanges traders trades in Preference shares - A type of shares having no voting various securities by paying 20-30% of the value of rights and have higher rate of dividend. securities. Whenever the value of security goes below that margin, broker gives margin call to trader to bring Ponzi schemes - It is a kind of fraud scheme which use the margin to desired level. Network marketing as a tool. Investors are paid out of new investments. These schemes end when new Mark-to-market - As explained above while defining investments stop coming and large number of investors margin call, value of assets in case of securities is wants to withdraw their money. Latest Ponzi scheme in measured on daily basis. If the trader's asset value India was "Speak Asia". increased, increased value is transferred to his account. In case the value of assets decreased margin call is made to PLR - Prime lending rate is the minimum rate of interest adjust the margin. that is to be charged by a bank. Each bank decides its own PLR. N R NPV - Net Present Value is aggregate of future cash flows from a project minus total costs. NPV is a capital ROI - Rate on investment is return divided by value of budgeting technique used to check feasibility of projects. investment

34 BankExamsToday.com TestPanda.com IBPStoday.com GK Digest – RBI ASSISTANT Exam Redemption - Maturity date of a security or a bond

Recession - An economic situation of negative growth

Repo rate - Rate at which Central bank (RBI in case of India) lends money to commercial banks

Reverse repo rate - Rate at which commercial banks lends to central bank

Right issue - Issue of shares in which existing shareholders gets right to buy shares in proportion of their existing holding

Risk free return - Rate of return, normally it is 90 days bills issued by a national government

S

Stagnation - An economic situation of slow economic growth, high rate unemployment and inflation.

Shorting - Selling securities which an investors don't have in expectation of price drop

U

Underwriters - In case of an IPO, new companies makes contracts with underwriter where underwriters promises to purchase unsubscribe shares.

W

Working capital - Money required by a business to run its day to day business. Working capital = Current assets / Current liabilities

Warrants - A document which gives right to holder to get shares at stated price

Y

Yield - Yield is the return on investment which may in form dividend or interest

35 BankExamsToday.com TestPanda.com IBPStoday.com