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Thursday, January 11, 2018

Quantitative Aptitude- Clerk Mains 2017/ SSC CGL 2017 Tier-II

Dear Students,

Quantitative Aptitude is a very important section you must prepare if you are aiming for a job in Bank or Insurance sector. These two weeks are very important as IBPS RRB Clerk  Mains are lined up. So, these 15 questions can help you practice three very important topics of Quant Section.

Directions (Q.1-5): In the following questions, two equations numbered I and II are given. You have to solve both the equations and
Give answer (a) if x > y 
Give answer (b) if x ≥ y 
Give answer (c) if x < y
Give answer (d) if x ≤ y 
Give answer (e) if x = y or the relationship cannot be established.

Q6. One type of liquid contains 25% of milk, the other contains 30% of milk. A container is filled with 6 parts of the first liquid and 4 parts of the second liquid. The percentage of milk in the mixture is:
(a) 27%
(b) 31%
(c) 29%
(d) 33%
(e) None of these

Q7. Two gallons of a mixture of spirit and water contains 12% of water. They are added to 3 gallons of another mixture, containing 7% of water and half a gallon of water is then added to the whole. Find the percentage of water in the resulting mixture.

Q8. There are two circles of different raddi. The area of a square is 196 sq. cm, whose side is half of  the radius of the larger circle. The radius of the smaller circle is three-seventh that of the larger circle. What is the circumference of the smaller circle?
(a) 12π cm
(b) 16π cm
(c) 24π cm
(d) 32π cm
(e) None of these

STATIC GK- The Unique Identification Authority of India (UIDAI)

Dear Aspirants,

Currently, UIDAI has been in the news as the Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for Generating Virtual ID for all Adhaar Card Holders from March, 2018. Now as we have seen in many past exams that always there were some questions asked from UIDAI so, we SH provides you short notes on UIDAI which will help you in upcoming banking exams.

Tagline of Aadhaar- Mera Aadhaar, Meri Pehchan

Earlier its tagline was “Aam Aadmi ka Adhikar” but now it has been changed to “Mera Aadhaar, Meri Pehchan”.

What is UIDAI?

The Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (“Aadhaar Act 2016”) on 12 July 2016 by the Government of India, under the Ministry of Electronics and Information Technology (MeitY).

Prior to its establishment as a statutory authority, UIDAI was functioning as an attached office of the then Planning Commission (now NITI Aayog). Later, on 12 September 2015,the Government revised the Allocation of Business Rules to attach the UIDAI to the Department of Electronics & Information Technology (DeitY) of the then Ministry of Communications and Information Technology.

UIDAI was created with the objective to issue Unique Identification numbers (UID),named as "Aadhaar", to all residents of India that is-
(a) robust enough to eliminate duplicate and fake identities, and 
(b) can be verified and authenticated in an easy, cost-effective way. 
The first UID number was issued on 29th September 2010 to a resident of Nandurbar, Maharashtra. The Authority has so far issued more than 111 crore Aadhaar numbers to the residents of India. 

SH- Current Affairs Update 10th, 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
Cabinet Approvals On January 10, 2018
In a bid to liberalise and simplify the Foreign Direct Investment (FDI) policy and to provide ease of doing business in India, Union Cabinet has approved a number of amendments in the existing policy.
i. Cabinet approves MoU between India and Canada for cooperation in Science & Technology
ii. Cabinet approves implementation of CCEA decision on closure of Tungabhadra Steel Products Limited
iii. Cabinet approves continuation of Members of Parliament Local Area Development Scheme till the term of the 14th  Finance Commission i.e. till March 31, 2020.
iv. Cabinet has approved proposal to amend Section 4(1) and Section 5(1) of the National Trust for the Welfare of Person with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999.
India, Indonesia hold 1st security dialogue, vow to combat terrorism
On January 9, 2018, India and Indonesia held their first bilateral security dialogue in NewDelhi
i. During the dialogue, India and Indonesia agreed on operational cooperation in security and counter-terrorism.
ii. Indian side was led by National Security Adviser Ajit Doval  while Indonesian side was led by H Wiranto, Indonesia’s Coordinating Minister for Political, Legal and Security Affairs.
iii. At the 5th Indonesia-India joint commission meeting in Jakarta, held in first week of January 2018 during Union External Affairs Minister Sushma Swaraj’s Indonesia visit, both countries had agreed to strengthen strategic partnerships across various key areas, including defence, security, maritime and economy.
Quick Facts about Indonesia:
♦ Capital – Jakarta
♦ Currency – Indonesia rupiah
♦ Current President – Joko Widodo
♦ Important Rivers – Mahakam, Citarum
Supreme Court stays High Court verdict against 85% pictorial warning on tobacco
On January 8, 2018, Supreme Court of India stayed a Karnataka High Court orderquashing 85% pictorial warnings on packets of cigarettes and other tobacco products.
Information about Pictorial Warning on packets of cigarettes and other tobacco products:
i. On December 15, 2017, Karnataka High Court had struck down the Cigarettes and Other Tobacco Products (Packaging and Labelling) Amendment Rules, 2014 which mandated 85% pictorial warning on tobacco products packaging space.
ii .A Supreme Court bench comprising Chief Justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud stated that it was “unimpressed” with the submissions of the Tobacco Institute of India (TII) asserting that the stay would infringe tobacco manufacturers’ fundamental right to do business.
iii .The bench is of the opinion that health of citizens should be accorded highest priority.
iv. In context of this news, it is to be noted that as per a report by World Health Organisation (WHO), pictorial warnings prove to be very effective especially in creating awareness among illiterate consumers.
Panel under B.R. Sharma to take a call on national anthem in cinema halls
Union Home Ministry has appointed a 12-member inter-ministerial committee to recommend changes in the existing law of playing of the national anthem in cinema halls and public places.
Details of the inter-ministerial committee:
i. The committee is headed by B.R. Sharma, Additional Secretary in the Ministry of Home Affairs.
ii. Other members of this committee include officers of the Joint Secretary rank representing Ministries of Home Affairs, Defence, Culture, External Affairs, Women and Child Development, Parliamentary Affairs, Human Resource Development, Law and Information and Broadcasting, Minority Affairs and the Department of Empowerment of Persons with Disabilities.
iii. First meeting of this committee will be held on January 19, 2018 and it will submit its final report within six months.
iv. This committee has been formed in wake of Supreme Courts observation – ‘it could not be assumed that if a person did not stand up for the national anthem, he or she was “less patriotic.”
v. The committee will make recommendations in context of existing Acts and orders relating to the Prevention of Insults to National Honour Act, 1971.

SSC CGL Tier-I 2017 Result Revised

Dear Aspirants,


SSC CGL Tier-I 2017 Result Revised

SSC Revised the CGL tier-I result due to a technical glitch, a few tentative Answer Keys had not been revised. The Commission, therefore, undertook a comprehensive review. Based on the comprehensive review undertaken by the Commission, there has been a lowering in the cut off marks which has resulted in the revision of the result. This being a relaxation for the candidates who couldn't cross the previous cutoff marks, has brought a new ray of hope. Check the below table for further details.

SSC CGL Tier-I Exam was held from 5th august to 23rd august 2017. CGL result was declared on 30th October 2017.

Professional Knowledge Questions for IBPS SO Marketing Mains 2017

Dear Aspirants,





To score in IBPS SO (Marketing) Mains candidate must have adequate knowledge of Marketing Planning, New Product Life Cycle, Segmentation, Consumer Behaviour, Brand Management and more. This quiz covers important chapters of Marketing to help you prepare for the exam.

Q1. Personal selling is where the sellers promote the product through their attitude, appearance and specialist product knowledge.Which of the following is an objective of Personal Selling? 
(a) Building Product Awareness
(b) Stimulating Demand
(c) Creating Interest
(d) Providing Information
(e) All of the above

Q2. Marketing Strategy during a recession should include which of the following?
(a) increases in expenditures for marketing operations
(b) a reduction in advertising
(c) promotional efforts that promote value and utility
(d) a reduction in the number of sales personnel
(e) a reduction in expenditures for new product development

Q3. A form of cost analysis that presents costs and outcomes in discrete categories, without aggregating or weighting them is known as  ________________
(a) Cost-minimization analysis
(b) Cost-effectiveness analysis 
(c) Cost-utility analysis 
(d) Cost-consequence analysis
(e) Cost-benefit analysis

Q4. With regard to types of merchandise offering an establishment that sells a wide variety of merchandise in the low and popular price range usually in limited assortments (such as stationery, gift items, women's accessories, toilet articles, light hardware, toys, housewares, and confectionary) would be called a-
(a) Variety Store
(b) General Merchandise Store
(c) Discount Stores
(d) Supermarkets
(e) Warehouse club

Q5.  Both inputs and outputs to the processes involved providing services are highly variable, as are the relationships between these processes, making it difficult to maintain consistent quality. This highlights which aspect of service management?
(a) Inseparability
(b) Inconsistency
(c) High buyer involvement
(d) Lack of Homogeneity
(e) Perishability 

Q6. To effectively monitor changes in the marketing environment, marketers must engage in- 
(a) information collection
(b) environmental scanning and analysis
(c) marketing research
(d) environmental management
(e) use of the marketing concept

SH- Current Affairs Update 9th, 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
Central Government notifies the Companies (Amendment) Act, 2017
On January 3, 2018, Central Government notified the Companies (Amendment) Act, 2017. Certain provisions of this amendment act will ease the implementation of the Insolvency and Bankruptcy Code 2016.
Key Provisions of Companies (Amendment) Act, 2017:
i. As per Section 53 of the Companies Act, 2013 companies were prohibited to issue shares at a discount. Amendment Act has now allowed companies to issue shares at a discount to its creditors in instances wherein its debt is converted into shares as part of any statutory resolution plan/debt restructuring under Insolvency and Bankruptcy Code. 
ii. For defaulting companies, payment of managerial remuneration in excess of 11 percent of the net profits will now require approval of all stakeholders involved viz. banks, public financial institutions and other creditors.
iii. The amendment has also modified provision relating to registered valuer from undertaking valuation of any assets in which he has a direct or indirect interest.
Territorial Army battalion of ex-Armymen to clean Ganga
Central Government has sanctioned the raising of a Territorial Army (TA) battalion for cleaning River Ganga. This battalion will comprise only of ex-servicemen of the army.
Details about Territorial Army battalion to clean Ganga:
i. This battalion will be raised in February 2018 in Allahabad, Uttar Pradesh, as a Composite Ecological Task Force (CETF) battalion of Territorial Army (TA).
ii. Central Government has allocated Rs 167 crore for this battalion.
iii. The CETF TA battalion will be headed by a Colonel-rank officer. It will have eight officers, 20 Junior Commissioned Officer (JCOs) and around 500 other ranks on its roll.
iv. It is to be noted that Territorial Army is considered as India’s second line of defence after the regular Army. Territorial Army functions under Union Defence Ministry.
Bihar Government bans electronic cigarettes
Bihar State Government has imposed a ban on manufacture, distribution, sale, purchase, display and advertisement of electronic cigarettes (e-cigarettes) across the state.
i. E-cigarettes are handheld battery-run devices which are smoked just like a conventional cigarette. However the ingredient (in liquid form) may differ.
ii. The ban also applies to online sale and purchase of e-cigarettes.
iii. It is to be noted Bihar has already imposed ban on manufacture, distribution, trade, sale, purchase, display and advertisement of all tobacco products and items containing nicotine and not approved by the Drug Controller General of India (DGCI).
Quick Facts about Bihar:
♦ Capital – Patna
♦ Current Governor – Satya Pal Malik
♦ Current Chief Minister – Nitish Kumar
♦ Important National Park – Valmiki National Park

Tuesday, January 9, 2018

SH- Current Affairs Update 8th, 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
Govt proposes rolling out e-Sansad, e-Vidhan in Parliament & State Legislatures
18th All India Whips’ Conference began in Udaipur, Rajasthan on January 8, 2018. The two-day conference was inaugurated by Union Minister of Parliamentary Affairs and Chemicals & Fertilizers, Ananth kumar.
About e-Sansad and e-Vidhan projects:
i. Among other things, rolling out of e-Sansad and e-Vidhan in Parliament and State Legislatures will also be considered during the course of the conference.
ii. e-Sansad and e-Vidhan are Government of India’s projects under Digital India, aimed at making the functioning of Parliament and State Legislatures paperless.
iii .Ministry of Parliamentary Affairs is the Nodal Ministry for implementation of e-Sansad and e-Vidhan projects.
iv. These projects would not only make the functioning of Parliament and State Legislatures participative, transparent, responsive, productive and more accountable but will also promote Government of India’s  ‘Go Green’ initiative.
BSES launches rooftop solar single-point for apartment complexes
On January 7, 2018, BSES Rajdhani Power Ltd (one of Delhi’s two electricity distribution companies) launched “Solar City Initiative”, aimed to maximise rooftop solar power use in south and west Delhi.
BSES Rajdhani’s ‘Solar City Initiative’:
i. Under this initiative, rooftop solar installations will be provided at a single point for the entire apartment complex unlike conventional method of having individual installations.
ii. This initiative has been launched in partnership with the United States Agency for International Development (USAID) PACE-D and Indo-German Collaboration (GIZ).
iii. Around 150 residential societies will be targeted in the first phase. Depending on the response, the programme will be expanded to other residential segments across Delhi.
iv .From cosumers’ perspective, these installation may lead to monthly saving on bills of about Rs 750 for a period of 25 years
Delhi govt launches common card for bus, metro rides
On January 8, 2018, Delhi Chief Minister, Arvind Kejriwal launched a common card for rides on public buses and the metro.
Delhi Govt’s common card for bus, metro rides:
i. Delhi is thus the first city in India to have such common mobility card.
ii. This card can be used at on 200 Delhi transport Corporation (DTC) and 50 cluster buses running on different routes as well as on metro trains.
iii. The common card can also function like a debit card. It will be operational in all DTC and cluster buses from April 1, 2018.
PM Narendra Modi attends Annual DGP Conference at BSF Academy in Tekanpur
On 7th and 8th January 2018, Prime Minister Narendra Modi took part in the Annual Conference of DGPs and IGPs at the BSF (Border Security Force) Academy in Tekanpur, Madhya Pradesh.
Annual Conference of DGPs and IGPs:
i. The DGPs Conference is conducted annually. It has participation from top police officials from all over India. They discuss issues related to security matters.
ii. This Annual DGP Conference is held outside the national capital in line with Prime Minister’s vision to conduct such conferences all over India, not restricted only to Delhi.
About BSF Academy Tekanpur:
♦ Dircetor – Sunil Kumar Verma
♦ Motto of BSF – Duty Unto Death
Uttar Pradesh govt restricts use of loudspeakers at religious, public places
Uttar Pradesh State Government has directed all District Collectors and Superintendents of Police to take action against unauthorised loudspeakers and public address systems installed at religious and public places.
i. The officials have been directed to conduct a survey for the same and submit a detailed report to State Government on January 10, 2018.
ii. Those using loudspeakers without approval should obtain permission by January 15, 2018, failing which, action will be taken against them under the Noise Pollution (Regulation and Control) Rules, 2000.
iii. All unauthorised equipments would be removed by January 20, 2018 in accordance with direction of the Allahabad High Court.
Quick Facts about Uttar Pradesh:
♦ Capital – Lucknow
♦ Current Governor – Ram Naik
♦ Current Chief Minister – Yogi Adityanath
♦ Important National Park – Dudhwa National Park