Puzzle/Syllogism New Pattern for IBPS RRB/ IBPS PO/ IBPS CLERK/ RBI ASSISTANT

Dear Readers,

Directions (1-5): Study the following information carefully and answer the given questions:

There are nine Teachers A, B, C, D, E, F, G, H, and I. All of them like different colour viz. Orange, Brown, Violet, Yellow, Cream, Pink, White, Black and Red but not necessarily in the same order. They all are living on a different floor. The ground floor is numbered one and so on up to top floor is numbered nine. Only three teachers live between I and one who likes Red, both are living on odd numbered floor but none of them are living either top floor or bottom floor. F, G and E do not like Violet. Only one teacher lives between I and A, who likes Black. There is only one teacher lives between H and C, who likes Cream. D likes Orange and lives on the even numbered floor. There is only one teacher lives between the floor on which the teacher who likes Red and the one who likes Brown. B likes White and lives immediately below on the floor on which A lives. E does not live immediately above or below on the floor on which C lives. E does not live on first floor. There are as many as teacher lives between E and one who likes Brown and between G and the one who likes Yellow. Only two teachers live between I and H, who likes Pink.

Quant for IBPS PO/RRB PO Mains

Directions (1-5): What will come in place of the question mark (?) in the following questions? 

Q1. 4003 × 77 - 21015 = ? × 116   

(a) 2477

(b) 2478 

(c) 2467

(d) 2476 

(e) None of these 

Q2. (4444 ÷ 40) + (645 ÷ 25) + (3991 ÷ 26) = ? 

(a) 280.4 

(b) 290.4

(c) 295.4

(d) 285.4 

(e) None of these 

(a) 303.25

(b) 305.75

(c) 303 3/4

(d) 305 1/4

(e) None of these  

(a) 4810

(b) 4980

(c) 4890

(d) 4930

(e) 4850 

Q5. 335.01 × 244.99 ÷ 55 = ?  

(a) 1490

(b) 1550

(c) 1420

(d) 1590

(e) 1400 

Directions (6-10): What should come in place of the question mark (?) in the following number series? 

New Pattern English for IBPS PO IBPS RRB IBPS CLERK RBI ASSISTANT

Dear Readers,

Directions (1-5): In each of the following questions, a statement and five choices are given. Select from among the choices, the most logical complement and mark its number as your answer:

Q1. There was no other means of coming to power than an alliance with like-minded parties.

(a) We will revamp the party by taking the support of the opposition

(b) We tried to please the leaders of other parties.

(c) We declared that we are going to rise to power.

(d) We enlisted the support of the opposition.

(e) So we convened an urgent meeting of our workers.

Q2. Facilities in the village hospital are insufficient and outdated.

(a) So we are going to take the patient back home.

(b) We will take our patient home and complain to the authorities.

(c) We will immediately take the patient to a better hospital.

(d) We will wait silently until the hospital gets improved.

(e) We will demand for a better hospital in the village.

Q3. The decision to reopen the old and closed-down liquor shops was resented by the people in the city.

(a) Some people took out protest march to the minister’s house.

(b) The liquor-sellers and contractors supported the government decision.

(c) The ruling party secretly convened a meeting of the most important leaders.

(d) The government succumbed to public opinion and withdrew the decision to open the liquor shops.

(e) The liquor barons will not allow the closure of the liquor shops.

Quantitative Aptitude for IBPS PO IBPS RRB IBPS CLERK RBI ASSISTANT

Q1. A batsman average run rate was 60 runs in 50 innings. Difference between the highest and the lowest score was 180. If these two innings are not included the average of remaining 48 innings becomes 58. Find his lowest score.

(a) 10 runs 

(b) 12 runs 

(c) 18 runs 

(d) 15 runs 

(e) None of these

Q2. Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Ramesh's expenditure on transport?

(a) Rs. 2000 

(b) Rs. 2200 

(c) Rs. 1200 

(d) Rs. 2600 

(e) None of these

Q3. Work done by A in one day is 3/2 of the work done by B in one day. Work done by B is 1/2 of the work done by C in one day. If C alone can complete the work in 9 days, in how many days will A, B and C together complete the work?

(a) 6 days 

(b) 5 days 

(c) 4 days 

(d) 10 days 

(e) None of these

Q4. A and B, B and C, and C and A can complete a task in 15, 20 and 12 days respectively. How many days will A alone take to finish the task?

(a) 30 days 

(b) 40 days 

(c) 22 days 

(d) 20 days 

(e) None of these

New Pattern Reasoning for IBPS PO IBPS RRB IBPS CLERK RBI ASSISTANT

Directions (1-5): Study the following information carefully and answer the question given below:

Eight students A, B, C, D, E, F, G and H will have to attend the seminar in the months of July and August but not necessarily in the same order. In each month, the seminar will conduct on dates 7th, 13th, 19th and 25th of the month. Only one student will attend the seminar on these given dates. A will attend the seminar on either 19th July or 19th August. There are exactly two students will attend the seminar between the date on which A and H attend the seminar. There is exactly one student will attend the seminar between the date on which H and B attend the seminar. There are two students will attend the seminar between the date on which B and G attend the seminar. There is exactly one student will attend the seminar between the date on which G and C attend the seminar. D will not attend the seminar on either 7th of July or 7th of August. There are exactly two students will attend the seminar between the date on which D and F attend the seminar. E will not attend the seminar on 25 August and F will not attend on 7 August.

Q1.Who among following will attend the seminar on 13th July? 

(a) F

(b) E

(c) A

(d) D

(e) B

Q2. How many students will attend the seminar between D and G? 

(a) One

(b) Two

(c) Three

(d) More than three

(e) None of these

High Level Input-Output for IBPS RRB IBPS PO

Directions (1 – 5): Answer the questions on the basis of the information given below:

A number arrangement machine when given an input of words/numbers, rearranges them following a particular rule in each step. The following is an illustration of input and steps of rearrangement:

Input : wise 63 53 83 bucks fright 59 hole 44 8 game call


Step I: 83 63 53 bucks fright 59 hole 44 8 game call wise
Step II: 8 83 63 53 bucks fright 59 44 game call wise hole
Step III: 63 8 83 53 bucks fright 59 44 call wise hole game
Step IV: 44 63 8 83 53 bucks 59 call wise hole game fright
Step V: 59 44 63 8 83 53 bucks wise hole game fright call
Step VI: 53 59 44 63 8 83 wise hole game fright call bucks

Quant for IBPS PO/CLERK/RRB/SBI/SO-PRE/MAINS

Directions (Q. 1–5): In each of these questions, two equations numbered I and II with variables x and y are given. You have to solve both the equations to find the value of x and y. Give answer

(a) if x > y 

(b) if x >= y 

(c) if x <y

(d) if x <= y 

(e) if x = y or relationship between x and y cannot be determined.

Q1.  I. 5x² – 8x + 3 = 0

II. 3y² + 5y – 2 = 0

Q2. I. x⁸ – (3 * 8)^17/2/√x = 0

II. 11/√y + 18/√y = √y

Q3. I. √169 x²– 2197 = 0

II. √ (484) y + 132 = 0

Q4. I. (625)^(1/4) x + √ (1225) = 155

II. 225y² + 18 = 279

Q5. I. x² – 7x + 12 = 0

II. y² – 9y + 20 = 0

Directions(6-10): What value should come in the place of question mark (?) in the following number series?

Current Affairs October 11, 2017

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 RRB PO Mains and with the daily dose of current affairs, you can easily prepare G.A and score well.

INDIAN AFFAIRS

Maharashtra govt approves climate change adaptation policy
On October 10, 2017, Maharashtra State cabinet approved a climate change adaptation policy that will focus on developing environment-friendly villages and cities.
i. Maharashtra State Government will set up a special cell under the state Environment department for the effective implementation of this policy of developing environment-friendly villages and cities.
ii. Besides, Maharashtra cabinet has approved financial allocation for special scheme for pending agricultural pumps in Vidarbha and Marathwada region.

Projects worth Rs 700 crore sanctioned for Namami Gange programme by NMCG
The National Mission for Clean Ganga(NMCG) has sanctioned Rs.700 crore for eight projects in the Namami Gange programme.Misson of Eight project
Four projects related to sewage management in Uttar Pradesh, Bihar and West Bengal.Three are related to treatment of drains through bio-remediation. One of inventorization and surveillance of river Ganga
1.Four projects related to sewage management in Uttar Pradesh, Bihar and West Bengal.
NMCG has sanctioned a project for pollution reduction in river Ganga at Bally in West Bengal at an estimated cost of Rs 200.07 crore with construction of a 40 MLD STP.
i. Under Hybrid Annuity model construction of a 65 MLD STP has been approved for Bhagalpur in Bihar at an estimated cost of Rs 268.49 crore.
ii. Uttar Pradesh, sewage treatment related works at an estimated cost of Rs 213.62 crore have also been approved that includes construction of two STPs (28 MLD + 05 MLD) in Farrukabad and one 2 MLD STP at Bargadiya drain in Fatehpur
2.Three are related to treatment of drains through bio-remediation:-
Rajapur drain ,Digha drain in Patna and Laksar drain in Haridwar will be treated at an estimated cost of Rs 4.29 crore.
3.One of inventorization and surveillance of river Ganga:-
It has also been approved at an estimated cost of Rs 42.9 crore to strengthen environmental regulation and water quality monitoring vis-vis river Ganga.

Germany to help Indian Railways to increase speed of trains on existing corridors
On October 10, 2017, a Joint Declaration of Intent (JDI) was signed in New Delhi between Union Ministry of Railways and Germany for carrying out feasibility study on existing Chennai-Kazipet corridor of Indian Railways by German Railways for increasing the speed of passenger trains to 200 kmph.
More information about JDI between Union Ministry of Railways and Germany:
i. The JDI focuses on upgrading trains running in Chennai-Kazipet corridor to semi high speed trains which run at 200 km per hour.
ii. Feasibility study will be carried out in three phases requiring an estimated time of 22 months.
iii. Cost of the feasibility study will be shared equally (50-50 percent) by the Ministry of Railways and Government of the Federal Republic of Germany.
iv.Post finalisation of terms and conditions, a separate agreement will be signed between the two entities.

IIT Kharagpur partners with Samsung for Digital Academy
Indian Institute of Technology (IIT) – Kharagpur has signed a Memorandum of Understanding (MoU) with Samsung India for the setting up of a digital academy in its campus.
More Details about Digital Academy to be set up by IIT-Kharagpur and Samsung
i. The Digital Academy will be hosted by IIT-Kharagpur’s Department of Computer Science and Engineering. 
ii. At the academy, students will be provided training on the Internet of Things (IoT) through Tizen-based operating systems which is used by Samsung for its mobile phones and home appliances.
iii. This academy is a part of Samsung India’s corporate social initiative that aims at bridging the digital divide in India by helping students to acquire cutting-edge technology skills.

CAT Level Reasoning for IBPS PO/CLERK/SBI PO-PRE/MAINS

Direction (Q. 1-6): Study the following information carefully and answer the given questions. 

Kunal, Lalit, Manish, Nutan, Obama, Prince, Queen and Rishbh live on eight different floors of a building but not necessarily in the same order. The lowermost floor of the building is numbered one, the one above that is numbered two and so on till the topmost floor is numbered eight. Each of them also likes a different superhero, namely Batman, Superman, Captain America, Thor, Hulk, Wolverine, Nova and Ironman, but not necessarily in the same order. 

• The one who likes Thor lives on an even-numbered floor. Only three people live between the one who likes Thor and Manish. 

• Only two people live between Manish and Nutan. Nutan does not live on the lowermost floor.Only three people live between Nutan and one who likes Hulk. 

• Obama lives immediately above Kunal. Obama lives on an even-numbered floor. Kunal does not like Hulk. Kunal lives neither on the floor numbered three nor five. 

• Only two people live between Kunal and the one who likes Nova. 

• Only one person lives between the one who likes Nova and Ironman. The one who likes Ironman lives below the one who likes Nova. 

• Lalit lives immediately above Queen. Only one person lives between Queen and the one who likes Captain America. 

• The one who likes Wolverine lives immediately above the one who likes Batman. 

• Prince does not like Thor. Kunal does not like superman. 

1. Which of the following pairs represent those who live immediately above and immediately below Nutan?

(a) Rishbh, Lalit

(b) Other than those given as options

(c) Lalit, Manish

(d) Kunal, Queen

(e) Rishbh, Queen

2. Four of the following five are alike in a certain way as per the given arrangement and so form a group. Which of the following does not belong to that group?

(a) Kunal – Floor numbered five

(b) Queen – Floor numbered six

(c) Lalit – Floor numbered two

(d) Nutan – Floor numbered seven

(e) Rishbh – Floor numbered eight

3. Which of the following superheroes does Rishbh like? 

(a) Other than those given as options

(b) Superman

(c) Nova

(d) Thor

(e) Batman

4. Which of the following superheroes does Prince like? 

(a) Iron man

(b) Wolverine

(c) Batman

(d) Captain America

(e) Other than those given as options

5. Nutan lives on which of the following floor numbers? 

(a) Five

(b) Three

(c) Seven

(d) One

(e) Other than those given as options

 

Current Affairs October 6, 2017

Dear Reader's,

INDIAN AFFAIRS

Rajnath Singh and Nitin Gadkari inaugurated sea route to Baratang & laid foundation stone for shipping projects in Andaman & Nicobar Islands
On October 5, 2017, Union Home Minister Rajnath Singh and Union Minister for Shipping, Road Transport & Highways and Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari inaugurated an alternate sea route to Baratang Island in Andaman & Nicobar Islands.
i. They also laid the foundation stone for extension of dry dock in Port Blair, extension of wharf in Hope Town and construction of an additional jetty along with extension of Berthing Jetty in Neil Island.
ii. The new sea route to Baratang, which passes through the Jarawa Tribal Reserve will provide an alternative to the National Highways-4 route that linked Baratang to Port Blair. It will thereby promote tourism without disturbing the tribal areas.

First Edition of the ASEAN India Music Festival begins in New Delhi
The first ever ASEAN-India Music Festival has begun at Purana Quila in New Delhi on October 6, 2017. It will continue till October 8, 2017.About First Edition of the ASEAN-India Music Festival:
i. First Edition of the ASEAN-India Music Festival has been organised by Union Ministry of External Affairs, in collaboration with Union Ministry of Culture and arts/cultural group Seher.
ii. It has been organised to celebrate 25th anniversary of ASEAN-India Dialogue Relations, which is being commemorated with the theme “Shared Values, Common Destiny”. 
iii. 10 music bands from member states of the Association of South East Asian Nations (ASEAN) – Brunei Darussalam, Cambodia, Myanmar, Malaysia, Philippines, Singapore, Lao PDR, Indonesia, Thailand, Vietnam – along with 5 prominent Indian bands will perform at this festival.
Quick Facts about ASEAN 
♦ Established in – 1967
♦ Secretariat – Jakarta, Indonesia
♦ Current Secretary General – Le Luong Minh

Prime Minister Modi temple with 100 feet tall statue to be built in Meerut
On 5^th October 2017, follower and supporter of Prime Minister Narendra Modi, J.P.Singh, announced that, a temple worth Rs.30 crore is to be built in honour of Prime Minister Narendra Modi in Meerut, Uttar Pradesh.
Temple with 100 feet tall statue for Prime Minister Modi:
i. The temple would be built in the Sardhana area of Meerut. A 100 feet statue of Prime Minister Modi would be installed in the temple.
ii. The ‘Bhumi Pujan’ and the stone laying ceremony for the temple would be conducted on 23^rdOctober 2017. Bharatiya Janata Party (BJP) chief Amit Shah is expected to attend the event.
iii. A retired engineer from the Uttar Pradesh Irrigation Department, J.P.Singh, announced the construction of this temple. He said that, it would take 2 years for completion.
Other temples built in India for politicians and celebrities:
♦ Temple for Sonia Gandhi – Telengana
♦ Temple for Sachin Tendulkar – Bihar
♦ Temple for Amitabh Bachchan – Kolkata

Meghalaya, UP and Arunachal Sign MoU to Boost Culture and Tourism
On 5^th October 2017, a MoU was signed by Uttar Pradesh, Arunachal Pradesh and Meghalaya under the ‘Ek Bharat, Shrestha Bharat’ programme, to boost cultural ties.
MoU between Meghalaya, UP and Arunachal Pradesh:
i. Uttar Pradesh Additional Chief Secretary, Secondary and Higher Education, Sanjay Agarwal, Arunachal Pradesh Tourism Secretary, Joram Beda, Meghalaya Education Secretary, W R Lyngdoh signed the MoU.
ii. This MoU under the ‘Ek Bharat, Shrestha Bharat’ programme, aims to enhance cultural relationship between these 3 states.
iii. The ‘Ek Bharat, Shrestha Bharat’ programme, works to boost cultural relationship between different states of India. As per this programme, each year a state and a union territory would be paired with another for interaction between their people and knowing each other’s culture and heritage.
Other recent MoUs of Uttar Pradesh:
1. MoU between Uttar Pradesh and Union Government for 24/7 power supply by October 2018
2. MoU between Uttar Pradesh and Union Government for opening AIIMS in Gorakhpur

Current Affairs October 5, 2017

Dear Reader's,

INDIAN AFFAIRS

Prime Minister inaugurates Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India (ICSI) in New Delhi
On 4^th October 2017, Prime Minister Mr.Narendra Modi inaugurated the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India (ICSI), at Vigyan Bhawan, New Delhi.Golden Jubilee Celebrations of ICSI:
i. The Institute of Company Secretaries of India celebrated Golden Jubilee, to mark the completion of 50 years.
ii. Prime Minister Mr.Narendra Modi inaugurated the Golden Jubilee and also launched the motto song of the institute.
iii. The institute was initially set up as not-for-profit organisation on October 4, 1968. Later in 1980, it was converted into a statutory professional body under the Company Secretaries Act 1980.
iv. ICSI is the only recognized professional body in India to develop and regulate the profession of Company Secretaries.
Institute of Company Secretaries of India (ICSI):
♦ Headquarters – New Delhi
♦ President- CS Dr.Shyam Agrawal

Tourism Ministry launched ‘Paryatan Parv’ initiative
On 5^th to 25^th October 2017, the Ministry of Tourism conducts ‘Paryatan Parv’, a tourist festival to promote India to Indians, all over India.
Promote India to Indians;
i. ‘Paryatan Parv’ is a tourism festival in which state governments and 18 central ministries take part. This festival will be conducted for 20 days.
ii. Main focus of this festival is to epxlain the benefits of tourism, showcase the cultural diversity of India and highlight the principle of ‘Tourism for All’.
iii. This festival was inaugurated at the Humayun’s Tomb, New Delhi by Dr.Mahesh Sharma, Minister of State for Culture.
iv. This festival has three parts namely:
1.Dekho Apna Desh – to encourage Indians to visit their own country
2.Tourism for All – tourism events will be held at sites in all states
3.Tourism and Governance – interactive sessions and workshops on various themes
Recent schemes of Ministry of Tourism:
♦ Swadesh Darshan – thirteen thematic circuits identified for development
♦ PRASAD – thirteen sites identified for development

L-G Anil Baijal approves Delhi government education loan scheme
On 5^th October 2017, Lieutenant Governor Anil Baijal approved the Delhi government’s students higher education loan scheme, in New Delhi.
Approval for Delhi government’s higher education loan scheme:
i. The Delhi government’s students higher education loan scheme would help thousands of students and parents.
ii. The Delhi government had started this scheme 2 years back, to provide loans to students for higher education, even if they didn’t have any property or land as security.
iii. In 2017, the scheme was extended to Delhi students pursuing courses outside Delhi in government recognised institutions.
iv. In September 2017,Deputy Chief Minister Manish Sisodia and Lieutenant Governor Baijal had blocked the scheme. Now, Baijal has cleared the scheme saying that, his opinion on the scheme was misinterpreted as disapproval.
Recent Schemes introduced by Delhi Government:
♦ YUVA Skill Development Program
♦ Merit Cum Means Scholarship Scheme
♦ Free Surgery Scheme in Delhi

HP Cabinet approves Heritage Tourism policy & ‘Mukhya Mantri Rural Road Repair Scheme’
On October 4, 2017, Himachal Pradesh Cabinet under Chief Minister Virbhadra Singhapproved ‘Heritage Tourism Policy 2017’ & ‘Mukhya Mantri Rural Road Repair Scheme’ along with other developmental and welfare initiatives.
‘Himachal Pradesh Heritage Tourism Policy’ 2017:
i. This policy has been approved with an aim to offer an experience of the culture and heritage of Himachal Pradesh.
ii. Under this policy, heritage buildings, forts, palaces, lodges and mansions etc. having historic lineage will be preserved.
iii .Himachal Pradesh Cabinet believes that this initiative would open new areas in the state for tourism activities.

Current Affairs October 3, 2017

Dear Reader's,

INDIAN AFFAIRS

India unveils third National Wildlife Action Plan for 2017-2031
On October 2, 2017, Union Environment Minister Dr. Harsh Vardhan unveiled India’s third National Wildlife Action Plan for 2017-2031, which outlines the future road map for wildlife conservation across the country. The plan was unveiled on the inaugural day of the Global Wildlife Programme (GWP) conference in New Delhi, which is jointly hosted by India, World Bank and United Nations Development Programme. 
i. Approach: A “landscape approach” will be adopted to conserve all wildlife that have an ecological value to the ecosystem and to mankind, irrespective of its place of occurrence.
ii. Action for recovery of threatened species: The plan lays special emphasis on recovery of threatened species of wildlife while conserving their habitats.

Odisha government creating land bank for industrial allocation
Odisha State Government is creating a 1.2 lakh acre land bank across the state which will be allocated for industrial use and purposes.
i. The land bank is being created to cut red tape and pre-emptively settle local issues related to the land acquisition process.
ii. So far the size of the land bank has reached 57,655 acres. Odisha State Government has also identified other areas across the state which will be brought under this land bank. Another 122,428 acres of land is being considered to be brought under the land bank.

1st community toilet for third gender inaugurated in Bhopal
On 2nd October 2017, Madhya Pradesh Chief Minister, Mr.Shivraj Singh Chouhaninaugurated a community toilet for third gender, in the Mangalwara area, Bhopal.
1st community toilet for third gender:
i. This is the first community toilet for exclusive third gender usage in India.
ii. This toilet was constructed by the Bhopal Municipal Corporation (BMC).
iii. It was built at a cost of Rs.35 lakh. It also has a change/make-up room.
iv. Different signs for men, women, handicapped and transgender people are put on the doors of the toilet.
v. Transgender people live in large numbers in the Mangalwara area.
vi. Mr.Shivraj Singh Chauhan also said that, the state government would provide an additional assistance of Rs.1.5 lakh to the third gender community, for constructing houses under the Pradhan Mantri Awas Yojana.
About Madhya Pradesh:
♦ Capital – Bhopal
♦ Chief Minister – Mr.Shivraj Singh Chouhan
♦Governor – Mr.Om Prakash Kohli

NHAI launches 50 Free Eye Check-up camps on National Highways
On 2^nd October 2017, The Minister of Road Transport & Highways Mr.Nitin Gadkari launched the countrywide Free Eye Check-up Campaign at Panjari Toll Plaza, Nagpur Bypass, Nagpur, in Maharashtra.
Free Eye Check-up Camps:
i.This free eye checkup camp will be conducted for five days till 6^th October 2017. 50 free eye check-up camps have been set up on identified national highways.
ii. This initiative is aimed to provide clear vision and safe travel for truck drivers. Also, free spectacles up to a certain power as prescribed by the eye specialist are distributed.
iii. The cleaners can also avail this facility on producing a valid driving license. Defects like cataract will be identified and medicines will be prescribed.
iv. This would reduce the number of accidents involving trucks in national highways.
About NHAI:
♦ Full form – National Highways Authority of India
♦ Chairman – Deepak Kumar

Karnataka launches ‘Mathru Purna’ scheme for pregnant women

Banking Awareness-IBPS PO/RRB/CLERK/SBI PO/UIICL

Banking Awareness for IBPS Exam 2017

Q1. Standard & Poor's (S&P) Global Ratings and its predecessor organizations have been in business for more than 150 years. (S&P) based in-
(a) New York, USA
(b) London, UK
(c) Paris, France
(d) Vienna, Austria
(e) Geneva, Switzerland
Sol. Standard & Poor’s Financial Services is an American (New York, USA) financial services company. It is a division of S&P Global that publishes financial research and analysis on stocks, bonds and commodities.

Q2. Which is a full service credit rating agency exclusively set up for micro, small and medium enterprises?
(a) CRISIL
(b) ICRA
(c) CARE
(d) ONICRA
(e) SMERA
Sol. SMERA Ratings Limited (formerly SME Rating Agency of India Ltd.) is a full service credit rating agency exclusively set up for micro, small and medium enterprises.

Q3. Which of the following is an independent banking industry watchdog that protects consumers of banking services in the country?
(a) BBB
(b) IBA
(c) BCSBI
(d) IBRD
(e) RBI
Sol. The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India.

Q4. The Banking Codes and Standards Board of India (BCSBI) was registered as a society under the _____________ in February 2006.
(a) Companies Act, 1956
(b) Societies Registration Act, 1860
(c) Banking Regulation Act, 1949
(d) Reserve Bank of India Act, 1934
(e) None of the given options is true
Sol. The Banking Codes and Standards Board of India was registered as a society under the Societies Registration Act, 1860 in February 2006. It functions as an independent and autonomous body. Membership of BCSBI is voluntary and open to scheduled banks.  

Q5. Where is the head office of SMERA?
(a) Chennai
(b) Gurugram
(c) New Delhi
(d) Mumbai
(e) Bengaluru
Sol. SMERA has its Registered and Head Office in Mumbai, branches at 9 cities and representatives in more than 50 clusters across India.

Q6. Name the Private sector Bank, which has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India.
(a) Axis Bank
(b) ICICI Bank
(c) Yes Bank
(d) Kotak Mahindra Bank
(e) South Indian Bank
Sol. Private sector YES Bank has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India. 

Q7. What is the minimum amount to be remitted through RTGS-
(a) Rs.2 lakh
(b) Rs.10 lakh
(c) Rs.1 lakh
(d) Rs.5 lakh
(e) Rs.20 lakh
Sol. The minimum amount to be remitted through RTGS is Rs2 lakh. 

Q8. Which Bank has tied up with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia. The new facility will leverage the bank to reach the Indian diaspora?
(a) Axis Bank
(b) ICICI Bank
(c) Bank of Baroda
(d) State Bank of India
(e) South Indian Bank
Sol. South Indian Bank has tied up with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia. The new facility will leverage the bank to reach the Indian diaspora.

Q9. FINO Payments Bank has commenced operations as a payments bank with effect from 30th June 2017 according to the Reserve Bank of India. Where is the head office of FINO Payments Bank?
(a) Chennai
(b) Jaipur
(c) Bengaluru
(d) Mumbai
(e) Chennai
Sol. FINO Payments Bank has commenced operations as a payments bank with effect from 30th June 2017 according to the Reserve Bank of India. The Head Office of FINO PayTech Ltd. is in Mumbai and it was one of the 11 applicants which were issued in-principle approval for setting up a payments bank. 

IBPS PO- Reasoning Ability

Q(1-5) Study the given data and answer the following questions
Eight persons- A,B,C,D,E,F,G and H live on a building which has Eight floors with top floor as number 8. They like different vegetables Brinjal, Carrot, Cabbage, Drum Stick, Ladies Finger, Potato, Pumpkin and Tomato. They also weigh different weights 40,42,48,54,55,56,57 and 61kg not necessarily in same order .
One who likes Tomato lives on an odd number floor. Three persons live between one who likes Potato and B. Two persons live between one who weighs 42Kgs and A. Three persons live between the person who weighs 55Kgs the person who weighs 40Kgs. F lives on an odd number floor. F is the heaviest of all. One who likes Carrot lives on the top floor. One who likes Drum Stick lives on an odd number floor but not on the floor no 3. One who likes Tomato and Cabbage lives on consecutive floors. D weighs more than B but less than H. H lives above D. E weighs more than C. G weighs less than B. One who likes Potato lives on
an odd number floor. Two persons live between B and one who weighs 54. Three persons live between the person who weighs 54Kgs and the person who weighs 42Kgs. Three people live between A and the person who weighs 55Kgs. G likes Brinjal lives on an odd number floor above the person who weighs 40Kgs. There are two floors between one who likes Drum Stick and Pumpkin. A lives above B.

1. Who among the following likes Tomato?
   A. A
   B. C
   C. D
   D. F
   E. H
2. Who among the following lives on Floor no 1?
   A. B
   B. D
   C. F
   D. E
   

Current Affairs October 2, 2017

Dear Reader's

INDIAN AFFAIRS

All cities and towns in five more States declared Open Defecation Free
On October 2, 2017, Minister of Housing and Urban Affairs Mr. Hardeep Singh Puri announced that five more States viz., Madhya Pradesh, Maharashtra, Chattisgarh, Jharkhand and Haryana have reached the milestone of making all cities and towns Open Defecation Free. It is to be noted that On October 2, 2017, ‘Swacch Bharat Mission’ completed three years.
Overview of Progress towards ‘Swacchata’ in urban areas:
i. As against the target of building about 66 lakh individual household toilets in urban areas, 38 lakh toilets have already been built and construction of another 14 lakh toilets is in progress.
ii. Over two lakh community and public toilet seats have been built so far. The mission target is to build five lakh toilet seats.
iii. With a focus on Solid Waste Management, Government is now putting efforts to generate over 500 MW of electricity and over 50 lakh tons of compost from municipal solid waste to enable processing of the entire solid waste being generated in urban areas.
iv. Mr. Puri informed that over 80 lakh people spread over 3.50 lakh activities in urban areas participated in the fortnight long ‘Swacchata Hi Sewa’ campaign which concluded on October 2, 2017.

Rajghat gets Mahatma’s statue for the first time
Rajghat, the Samadhi of Mahatam Gandhi in Delhi, has for the first time acquired a statue of Mahatma Gandhi. The statue was unveiled by Vice-President of India Mr. M.Venkaiah Naidu on October 2, 2017, on the occasion of the 148 Birth Anniversary of Mahatma Gandhi.
Specification of Mahatma Gandhi’s Statue at Rajghat:
i. The statue is 1.80 metre tall and is made of bronze.
ii. It has been sculpted by renowned Indian sculptor, Mr. Ram Sutar.
iii. The statue has been installed in the Parking Area of Rajghat Samadhi Complex at a cost of Rs.8.73 lakhs. 
iv. The famous message of Gandhi ji “Be the Change You Wish to See” is inscribed on the front side of the