Current Affairs October 4, 2017

Dear Readers,

INDIAN AFFAIRS

Cabinet Approvals on October 4 2017
Union cabinet has given its approval for the signing and ratification of the Extradition Treaty between India and Lithuania.
i. Cabinet apprised of the MoU between India and Switzerland on Technical Cooperation in Rail Sector
ii. Cabinet approves MoU on Upgradation of the Women’s Police Training Centre at Yamethin, Myanmar
iii. Centre approves setting up a turtle sanctuary in Allahabad.

Centre launches six-year secure Himalaya project
On October 2, 2017, Union Environment Minister Dr. Harsh Vardhan in association with the United Nations Development Programme (UNDP) launched SECURE Himalaya project for conservation of biodiversity, land and forest resources in the high Himalayan ecosystem.
i. SECURE Himalaya stands for securing livelihoods, conservation, sustainable use and restoration of high range Himalayan ecosystems.
ii. The project is meant for specific landscapes in High Himalaya ecosystem spread across four states viz. Jammu and Kasmir, Himachal Pradesh, Uttarakhand and Sikkim.

Government constitutes a High Level Committee for proper management of water resources in North Eastern Region
On 4^th October 2017, the Government constituted a high-level committee for proper management of the water resources in the North Eastern Region (NER).Committee for water management in NER:
i. The Committee has been formed under the Chairmanship of Rajiv Kumar, Vice-Chairman of Niti Aayog.
ii. Ministry of Development of North Eastern Region (DoNER) will serve as the coordinating point.
iii. Members of the Committee are Secretaries from the Ministries of Development of North Eastern Region, Department of Border Management, Department of Space, Power, Water Resources, River Development and Ganga Rejuvenation and National Disaster Management Authority and Chief Secretaries of all the 8 states in NER.
iv. The Committee will submit its report, including Plan of Action, by June, 2018.
v. The Committee would help optimising benefits of appropriate water management in the form of hydro-electric power, agriculture, bio-diversity conservation, reduced flood damage erosion, inland water transport, forestry, fishery and eco-tourism.
About Ministry of Development of North Eastern Region:
♦ Headquarters – New Delhi
♦ Minister of State (Independent Charge) – Jitendra Singh

Government launches special course for untrained teachers
On 4^th October 2017, the Human Resource Development (HRD) Ministry started a special training course for untrained teachers, designed by National Institute of Open Schooling (NIOS), called Diploma in Elementary Education (D.El.Ed).
Diploma in Elementary Education (D.El.Ed):
i. The HRD Ministry had announced that ‘untrained teachers’ have to complete the Diploma in Elementary Education (D.El.Ed) course, within 2019.
ii. This course would be offered through ‘Swayam’, a platform for online education and knowledge through Dish TV. A mobile application has also been launched to help with clarifications.
iii. The course duration is 4 semesters. It consists of 1,080 lectures, in 10 languages.
iv. The applicant must have scored minimum 50% in class 12 examinations to enroll in the course. If not, they can write an exam with the NIOS, and if they score minimum of 50%, they would be eligible.
About National Institute of Open Schooling (NIOS):
♦ Headquarters – Noida, Uttar Pradesh
♦ Chairman – Prof. C.B. Sharma

No service charge on train e-ticket till March 2018: Railways
On 29^th September 2017, Ministry of Railways announced that service charge exemption on tickets booked online (e-tickets) will be extended till March 2018.
Service charge waived for train e-ticket till March 2018:
i. The government had waived service charges for e-tickets after demonetisation in November

SH- Data Sufficiency Quiz

Q(1-5). Each question below is followed by statements I and II. You have to determine whether the data given in the statement is sufficient for answering the questions or not.

1. What is the present age of Daughter?
   I. Five years ago Daughter’s age was two – fifth of Father’s age at that time. Two years hence Daughter age will be half of Father’s age then.
   II. Father’s present age is 40.
   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   B. The data in statement II alone are sufficient to answer the question, while data in statement I are not sufficient to answer the question
   C. The data either in Statement I alone or Statement II alone are sufficient to answer the question
   D. The data given in Both Statements I & II are not sufficient to answer the question
   E. The data given in both statements I & II together are necessary to answer the question
   Answer & Explanation

   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   Solution:
   From Statement I age of Daughter can be calculated which is 19 years
2. What is the distance covered by Boat to row to a place and come back?
   I. Speed of Boat in still water is 14 km/hr
   I. Speed of Current is 10 Km/hr
   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   B. The data in statement II alone are sufficient to answer the question, while data in statement I are not sufficient to answer the question
   C. The data either in Statement I alone or Statement II alone are sufficient to answer the question
   D. The data given in Both Statements I & II are not sufficient to answer the question
   E. The data given in both statements I & II together are necessary to answer the question
   Answer & Explanation

   D. The data given in Both Statements I & II are not sufficient to answer the question
   Solution:
   Without knowing time travelled we cannot estimate the distance travelled.
3. What is the profit percent made by Shopkeeper?
   I. CP of one variety of Rice is Rs 20/Kg and another variety is RS. 30/Kg
   II. He has 15 kg of each variety. He sold mixture at Rs. 30/kg
   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   B. The data in statement II alone are sufficient to answer the question, while data in statement I are not sufficient to answer the question
   C. The data either in Statement I alone or Statement II alone are sufficient to answer the question
   D. The data given in Both Statements I & II are not sufficient to answer the question
   E. The data given in both statements I & II together are necessary to answer the question
   Answer & Explanation

   E. The data given in both statements I & II together are necessary to answer the question
   Solution:
   Both statements are necessary to answer the question
4. After how many months Rajesh withdraw his amount from the Business?
   I. Rajesh and Suresh invested Rs. 4000 and Rs. 3000 respectively. Rajesh withdraws investment after some months. After one year ratio of their profits after is 2:3.
   II. Total profit after one year is Rs.500
   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   B. The data in statement II alone are sufficient to answer the question, while data in statement I are not sufficient to answer the question
   C. The data either in Statement I alone or Statement II alone are sufficient to answer the question
   D. The data given in Both Statements I & II are not sufficient to answer the question
   E. The data given in both statements I & II together are necessary to answer the question
   Answer & Explanation

   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   Solution:
   Statement alone I is sufficient.
5. What is the Selling Price of an Article?
   I. Marked Price is 20% above Cost Price
   II. Discount offered on Marked Price is 5%
   A. The data in statement I alone are sufficient to answer the question, while data in statement II are not sufficient to answer the question
   B. The data in statement II alone are sufficient to answer the question, while data in statement I are not sufficient to answer the question
   C. The data either in Statement I alone or Statement II alone are sufficient to answer the question
   D. The data given in Both Statements I & II are not sufficient to answer the question
   E. The data given in both statements I & II together are necessary to answer the question
   Answer & Explanation

   D. The data given in Both Statements I & II are not sufficient to answer the question
   Solution:
   Without Cost Price we cannot calculate Selling Price

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

IBPS RRB PO SCALE-I PRELIMS 2017 EXAM RESULT IS OUT

IBPS RRB PRELIMS 2017 EXAM RESULT IS OUT

YOU CAN CHECK YOUR RESULT HERE.

Institute of Banking Personnel Selection (IBPS) has released the result for online IBPS RRB Officer Scale-1 (PO) prelims examination. You can check your result now.  The preliminary exam was held on 09th, 10th and 16th of September 2017. We expect the result for Office Assistant to be out soon, follow bankersadda for updates on RRB Clerk Result.

Hold your horses and get yourself ready for the big announcement today. Tomorrow many of you will be having the PO Preliminary exam. So don't panic and keep calm.

Click here to check your 
IBPS RRB PO Prelims 
Result

All The Best!!!

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
   

Last Minute Tips- IBPS PO Prelims

IBPS PO Prelims 2017 Last Minute Tips

The preliminary exam for IBPS PO will be conducted online and will have 100 questions for 60 minutes. Candidates will have to manage those 60 minutes themselves while dealing with three sections- Reasoning (35 Ques), Quantitative Aptitude (35 Ques), and English (30 Ques). We are here providing some Pro Tips for each of these sections that can help you score in IBPS PO Prelims 2017.

English Language

Nowadays the approach for this section is more towards practical usage so always stay prepared for the unexpected. After all English is a language and essentially there are two most important aspects of a language its syntax and semantics. Revise grammar rules, relax and don't overburden yourself with the thought of the new pattern.

• Practice Memory Based Papers of SBI 2017, IBPS 2016 to get an idea of all possible combinations of questions that you might face this year.
• Try to solve questions from comprehension first, but do keep a check on time. You can skip those questions which require you to invest more time in the given passage. 
• Use the method of skimming for reading comprehension.
• Read the directions carefully and attempt the conventional pattern questions first. Cloze Test, Fillers can save your day.
• Use the method of elimination to save time.
• Don't try to attempt all the questions, attempt those you are confident with. Keep in mind that your mistake will cost you 0.25 marks
• Finish this section within 12-15 minutes.

Quantitative Aptitude

The first and most basic tip to help you clear quantitative aptitude section’s cut off is that you should work on your calculation speed. If you want to score in Maths you know you must calculate faster. In fact, this section is most scoring if you have practiced enough as you cannot be sure of your answers in language section and you might trip while solving puzzles but whereas questions of arithmetic are concerned you can be sure if you can solve it, if your answer is right or not.