Gk Booster Capsule – November 2018
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GK BOOSTER CAPSULE – NOVEMBER 2018 1 GK BOOSTER CAPSULE – NOVEMBER 2018 Table of Contents 1. Banks in NEWS ............................................................................................................................................. 4 2. Digital Initiatives by Banks ............................................................................................................................ 5 3. Mergers in Indian Banking Industry ............................................................................................................... 8 4. Indian Currency Notes .................................................................................................................................. 9 5. Currency Printing & Coin Minting in India.................................................................................................... 10 6. Types of Banking......................................................................................................................................... 10 7. Digital Banking ............................................................................................................................................ 12 9. Monetary Policies ....................................................................................................................................... 14 10. Important Acts ......................................................................................................................................... 14 11. Important Financial Institutions ............................................................................................................... 15 12. NBFCs ..................................................................................................................................................... 18 13. Electoral Bonds ......................................................................................................................................... 19 14. Electronic Fund Transfer at Point of Sale ................................................................................................... 19 15. Priority Sector Lending .............................................................................................................................. 19 16. KYC ........................................................................................................................................................... 20 17. NPA and Recovery .................................................................................................................................... 20 18. Financial Inclusion .................................................................................................................................... 21 19. Banking Ombudsman Scheme ................................................................................................................... 22 20. Abbreviations ........................................................................................................................................... 23 21. Capital Market .......................................................................................................................................... 23 22. Money Market .......................................................................................................................................... 25 23. Basel Norms ............................................................................................................................................. 26 24. Maharatna, Navratna & Miniratna Category of PSEs ................................................................................. 26 25. List of International Airports in India ......................................................................................................... 27 26. List of Revolutions in India ........................................................................................................................ 29 27. Indian & International Bank Taglines ......................................................................................................... 29 28. Union Cabinet Ministers & their Constituency ........................................................................................... 30 29. Census 2011 ............................................................................................................................................. 31 30. Rivers, Dams & States ............................................................................................................................... 32 31. List of Major Ports in India ........................................................................................................................ 33 32. Major Atomic/Thermal/Hydro Power Plants.............................................................................................. 34 33. List of Upcoming Sports Venues ................................................................................................................ 35 34. List of New Appointments ......................................................................................................................... 37 35. National Parks & Wildlife Sanctuaries ........................................................................................................ 38 36. Important Days ......................................................................................................................................... 40 2 GK BOOSTER CAPSULE – NOVEMBER 2018 37. Joint Military Exercises .............................................................................................................................. 41 38. Reports & Indices...................................................................................................................................... 42 39. Classical Folk Dances ................................................................................................................................. 42 40. Stock Exchanges Around the World ........................................................................................................... 43 41. Nick Names of Cities ................................................................................................................................ 43 42. International Organisations & Headquarters ............................................................................................. 44 43. Famous Temples ...................................................................................................................................... 44 44. Stadiums in India ...................................................................................................................................... 45 45. Boundary Lines ........................................................................................................................................ 45 46. Books & Authors ...................................................................................................................................... 46 47. Nobel Prize Winners 2018 ....................................................................................................................... 47 48. UNESCO World Heritage Site .................................................................................................................... 47 3 GK BOOSTER CAPSULE – NOVEMBER 2018 1. Banks in NEWS ICICI Bank • RBI has tweaked the Gold Monetisation • ICICI Bank terminated the contract of Scheme and now it has been extended to former managing director and CEO Chanda charitable institutions, Central Government, Kochhar for violating the bank’s code of State Government or any other entity conduct. Ms. Kochhar, assumed charge as owned by the Government. MD and CEO of ICICI Bank on May 1, 2009 • RBI to cut SLR gradually to 18% by mid- and resigned in October 2018. 2019. The current SLR is 19.5%. • ICICI Securities and Bombay Stock Exchange (BSE) has launched 'eATM' facility to enable SLR is the portion of funds which banks are users to receive the pay-out within 30 required to maintain in the form of gold minutes of selling the shares. The new reserves and the government approved service would have a cap of ₹50,000 per securities. client a day and would be applicable on about 600 stocks listed on the BSE Punjab National Bank (PNB) • PNB has partnered with the Uttar Pradesh ESAF Small Finance Bank Ltd government to create a model for • ESAF is now ‘scheduled bank’ ESAF Small digitization at Kumbh Mela 2019. For Finance Bank Ltd has received the RBI’s convenient and hassle-free transactions at approval for inclusion in the second these shops, the bank has created the 'PNB schedule of the RBI Act, 1934. Rupay' card which works even without the Chairman - R Prabha internet. Headquarters - Thrissur, Kerala. • PNB has signed an MoU with Indian Army on the Defence Salary Package to provide Reserve Bank of India free ‘RAKSHAK PLUS’ Scheme. PNB will • The Reserve Bank of India (RBI) relaxed the provide overdraft facility range from Rs restrictions placed on the City Co-operative 0.75 to 3.0 lakhs, multicity ‘At Par’ cheques, Bank Ltd. by allowing the depositors to instant credit of outstation cheques, withdraw ₹5,000. preferential allotment of lockers at City Co-operative Bank Ltd. concessional AMC and free SMS alerts. Chairman - Anandrao Adsul Headquarters – Mumbai IDFC First Bank • IDFC Bank has been merged with NBFC • The Reserve Bank of India launched a 'Capital First' on 18