SH- Current Affairs Update 26th, Jan 2018

Dear SH Aspirants,

Study Daily Current Affairs and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS/RBI/SBI/SSC and with the daily dose of current affairs, you can easily prepare G.A and score well.

INDIAN AFFAIRS

Centre releases Rs 734.7 crore for 26 irrigation projects

Last week, Union Water Resources Ministry released central assistance amounting to Rs 734.7 crore for 26 irrigation projects.

Funds for Irrigation Projects:

i. Out of the total amount Rs. 734.7 crore, Rs 246.9 crore is for nine prioritised projects under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for Accelerated Irrigation Benefits Programme (AIBP) works.

ii. Remaining Rs 487.80 crore is to be utilised for Command Area Development (CAD) works for 17 projects.

iii. It is to be noted that during financial year 2017-18, central assistance amounting to Rs 1152.52 crore has been released for 26 priority projects under the AIBP so far. Besides, Rs. 3318.85 crore has been released as state share from National Bank for Agriculture and Rural Development (NABARD) for 24 priority projects under the AIBP.

India’s richest 1% corner 73% of wealth generation: Survey

As per the survey and the accompanying report (titled ‘Reward Work, Not Wealth’) released by the international rights group Oxfam, richest 1 per cent in India amassed 73 per cent of the wealth generated in the country last year.

Highlights of Survey by Oxfam:

i. Wealth of 67 crore Indians (about 50% of the population) rose by just 1 per cent during last year.

ii. As per the report, wealth of India’s richest 1 per cent increased by overRs. 20.9 lakh crore during 2017, which is equivalent to Indian Government’s budgetary allocation for 2017–18.

iii. On global level, richest 1 per cent managed to corner 82 per cent of the wealth generated last year while wealth of 3.7 billion comprising poorest half of world population did not increase at all.

iv. Findings of this survey have revealed rising income inequality, not only in India but across the world.

Japan sanctioned 45 billion yen loan Assistance to India for Bengaluru Water Supply and Sewerage Project (Phase 3) (I)

Government of Japan has committed JICA (Japan International Cooperation Agency) Official Development Assistance loan for Yen 45 billion for Bengaluru Water Supply and Sewerage Project (Phase 3) (I).

Japan – 45 billion yen loan to Bengaluru:

i. On 24^th January 2018, documents regarding this was exchanged between Mr. S. Selvakumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance, India and H.E. Mr. Kenji Hiramatsu, Ambassador of Japan to India.

ii. Bruhat Bengaluru Mahanagar Palike (BBMP) area, mainly 110 villages, will be covered by this project.

iii. People of this area will be provided with safe water supply and sewerage services. Water treatment plants and sewage treatment plants will be set up for this purpose.

About JICA (Japan International Cooperation Agency):

♦ Headquarters – Chiyoda, Tokyo, Japan

♦ President – Shinichi Kitaoka

♦ Purpose – Official development assistance

SH- Current Affairs Update 25th, Jan 2018

Dear SH Aspirants,

Study Daily Current Affairs and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS/RBI/SBI/SSC and with the daily dose of current affairs, you can easily prepare G.A and score well.

INDIAN AFFAIRS

Government announces 4 new schemes to promote young scientists

On January 24, 2018, Central Government launched four new schemes to promote young scientists and researchers in India. All the schemes focus on empowering, recognising and motivating youth.

i. Teacher Associateship for Research Excellence (TARE) Scheme will connect the educators to leading public funded institutions like Indian Institute of Technology (IIT), Indian Institute of Science (IISc) or national institutions like Council of Scientific & Industrial Research (CSIR)to pursue research.

ii. Overseas Visiting Doctoral Fellowship scheme, support will be offered to 100 PhD scholars for training at foreign universities/laboratories up to 12 months during their doctoral research.

iii. Distinguished Investigator Award scheme, 100 fellowships will be offered to principal investigators of Science and Engineering Research Board/Department of Science and Technology projects.

iv. Augmenting Writing Skills for Articulating Research (AWSAR) scheme aims to encourage science writing.

International Conference on ‘Inclusion of Persons with Disabilities in the Election Process’ in New Delhi

On January 24, 2018, Election Commission of India (ECI) hosted a one-day International Conference on ‘Inclusion of Persons with Disabilities in the Election Process’ in New Delhi.

ighlights of International Conference on ‘Inclusion of Persons with Disabilities in the Election Process’:

i. The Conference was organized under the VoICE.NET platform, a common knowledge/resource sharing network for 25 Election Management Bodies and International Organisations.

ii. It was attended by representatives from five Election Management Bodies (EMBs) viz. Australia, Guinea, Bhutan, Moldova & Zambia and Heads of two International Organisations viz. International Institute for Democracy and Electoral Assistance (IDEA) and International Foundation of Electoral Systems (IFES).

iii. During the conference, representatives from EMBs and international organisations shared their experiences, initiatives and best practices for electoral engagement, enrolment and active participation of Persons with Disabilities in ballot exercise.

iv. On the sidelines of the Conference, ECI signed Memorandum of Understanding (MOU) for cooperation in the field of election management with Central Election Commission of Moldova, with National Independent Electoral Commission (CENI) of Guinea and also with International Institute for Democracy and Electoral Assistance.

India, Vietnam sign MoUs on I&B, space cooperation

On January 24, 2018, India and Vietnam signed Memorandum of Understanding (MoU) to cooperate in the areas of Information & Broadcasting (I&B) and space.

Details about India-Vietnam MoU:

i. MoU documents were exchanged in presence of Prime Minister Narendra Modi and his Vietnam counterpart Nguyen Xuan Phuc in New Delhi.

ii. Under the MoU, India and Vietnam will strive to enhance cooperation in the field of Information and Broadcasting based on principles of equality and in accordance with their national laws and regulations.

iii. In area of space cooperation, India and Vietnam have agreed on the implementation arrangement between Vietnam’s National Remote Sensing Department and Indian Space Research Organisation (ISRO) for the establishment of tracking and data reception station and data processing facility in Vietnam. This arrangement will be set up under the ASEAN-India Space Cooperation.

Quick Facts about Vietnam:

♦ Capital – Hanoi

♦ Currency – Vietnamese Dong

♦ Current President – Tran Dai Quang

♦ Important Rivers – Red River, Perfume River

Government to increase number of ‘AMRIT’ pharmacy stores 4 times

Union Health Minister, J P Nadda has stated that his ministry is working to increase the number of AMRIT pharmacy stores by four times (from the existing 111 outlets) by the end of 2018.

About AMRIT Pharmacy stores:

i. Since November 2015, Union Ministry for Health & Family Welfare has opened several Affordable Medicines and Reliable Implants for Treatment (AMRIT) pharmacy stores across India with an aim to reduce the expenditure incurred by patients on treatment of cancer and heart diseases.

ii. According to Mr. Nadda, AMRIT stores have benefited over 52 lakh patients as medicine buyers have saved over Rs 267 crore by buying drugs from these stores.

iii. In order to help more patients, Health Ministry is working for opening more such stores. Mr. Nadda has stated that the goal is to have one AMRIT store in every district of India.

SH- Current Affairs Update 23rd, Jan 2018

Dear SH Aspirants,

Study Daily Current Affairs and stay updated as well as prepare for General Awareness section of bank exams. It's time to gear up your preparations for IBPS/RBI/SBI/SSC and with the daily dose of current affairs, you can easily prepare G.A and score well.

I

NDIAN AFFAIRS

India to host first summit of International Solar Alliance: Modi

Citing global climate change as one of the biggest global challenges, Prime Minister Narendra Modi announced that India will host the first summit of the International Solar Alliance (IAS) in March.

First International Dam Safety Conference held in Thiruvananthapuram

The first International Dam Safety Conference-2018 was held in Kovalam, Thiruvananthapuram (Kerala) from January 23-24, 2018.

·         This Conference is fourth in series organized under the aegis of ongoing Dam Rehabilitation and Improvement Project (DRIP).

Coast Guard patrol vessel Vijaya launched

‘Vijaya’, the second offshore patrol vessel (OPV) built by the Larsen and Toubro Shipyard for the Indian Coast Guard has been launched.

·         The indigenously built vessel ‘Vijaya’, equipped with state-of art radar, navigational and communication system, will be utilised for day and night patrol and surveillance, anti-terrorist, anti-smuggling operations and coastal security.

INTERNATIONAL NEWS

10th Global Forum for Food & Agriculture held in Berlin

The 10th edition of Global Forum for Food & Agriculture was held in Berlin, Germany from 18th -20th January 2018. The theme of this year’s event is “Shaping the future of livestock – sustainably, responsibly, efficiently”.

·         The Global Forum for Food and Agriculture (GFFA) is an international conference held during International Green Week (IGW) that focuses on central questions concerning the future of the global agri-food industry.

Malta’s Valletta Becomes Europe’s Capital of Culture

Valletta, the capital of Malta officially named European Capital of Culture 2018. Valletta will share the title with Leeuwarden, a city in the Netherlands.

·         Notably, the ‘European Capitals of Culture’ initiative aims to highlight the diversity of European culture and to increase the citizens’ sense of belonging to a common cultural area.

BANKING 

IOB joins hands with National Housing Board

Leading Public Sector Bank (PSB), Indian Overseas Bank (IOB) announced a Memorandum of Understanding (MoU) with National Housing Bank for implementation of the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Development. IOB is one of first major public sector bank to execute the MoU to implement the scheme.

IBPS PO/MT 2017 INTERVIEW TIPS

Dear Aspirants,

Attention Aspirants!

After clearing your IBPS PO written examination, now you are about to face the most important phase, IBPS PO Interviews that will decide your future and lead you to the way to your dreams.

Your performance in IBPS PO Interviews will decide the worth of your attained marks in the written exam. As the competition is relatively high from the preceding years, you have to score virtuous marks to see your name in the merit list of the combined scores.

The most important step of your PO Interviews is preparing for the IBPS PO interview question and answers (FAQs) that are generally asked the aspirants.

We are helping you with the important IBPS PO interview FAQs so that you can answer confidently and perform effectively in interviews.

 IBPS PO Expected Interview Question with Answers

 On the basis of the question asked in previous IBPS PO interviews, we are presenting here the important questions along with the suitable answers.

You may expect the same questions in your interview, so prepare them carefully:

 Que: Introduce / Describe yourself?

Ans: Your answer should include the following details:

 Personal Information (Your Name, Parents’ Designation etc.)

 Education (Your Degrees, College and City Name)

 Work Experience (if any)

 Additional qualification or achievements (if any)

 Your hobby (you are advised to develop at least one hobby as it considered a good practice)

Que: Why do you Want to Join Banking Sector?

Ans: In our country Banking is considered as one of the fastest growing sectors. It can offer several career opportunities.

Note: Kindly avoid answering like “banking is your childhood dreams”, “job security”, “big salary” etc.

Que: Will you leave this job if you get a better Job opportunity?

Ans: This is a common question asked nowadays in bank interviews if you have higher educational qualifications. Your answer should be as follows:

I believe in living a stable lifestyle rather changing it for small monetary benefits. And I find banking career as a good growth opportunity, so I will not quit this job.

Que: How your high studies & qualification is going to help us?

Ans: Candidates appearing for IBPS Interviews are from different fields that don’t provide them any knowledge regarding banking and finances. You can answer like:

 My technical knowledge and skill will help me handle customers from these sectors.

 I have good professional skills that will help me in managing team work.

 I have good communication skills that will me in offering confident customer services.

Que: What are your weakness/Strength?

Ans: My strength is that I can make solutions to the problem and situations as per the need. I can motivate myself for any work involved that I get involved with.

My weakness is that I am habitual to complete my work by following proper rules and want to see others following the rules too. If anyone is not doing so, I may get irritated. But I promise I will make a solution to it soon.

Note: Make sure, you won’t reveal any weakness that may result in a bad impression. It’s good if your weakness also gives a positive attitude towards your work.