Sunday, May 31, 2015

Current Affairs Update – 31st May, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 31st May, 2015.

Finance/Banking/Industry –

SBI expects GDP growth spike to 7.9% in FY'15-16

  • State Bank of India expects the country's GDP growth to increase to 7.9 per cent this fiscal even as the recent growth numbers "disappointed".
  • Also, a 25 basis point cut in repo rate on June 2 now looks a certainty and may be a surprise if it does not happen, Soumya Kanti Ghosh, Chief Economic Adviser, State Bank of India Group, said in a note issued after the CSO released GDP numbers on Friday.
  • The Central Statistics Office (CSO) on Friday said that Indian economy grew 7.3 per cent in 2014-15 and 7.5 per cent in fourth quarter.
  • The recent growth numbers are disappointing given the significant decline in 'gross value added' in fourth quarter of 2014-15 (at 6.1 per cent from 7.8 per cent projection and a secular decline from 8.4 per cent in Q2 FY'14-15), according to Ghosh.
  • Interestingly, this difference was not as striking in earlier quarters.

RIL Becomes Nation's Most Profitable Firm, Replaces ONGC

  • Reliance Industries has overtaken state-owned Oil and Natural Gas Corp (ONGC) to become the nation's most profitable company, posting a consolidated net profit of Rs 23,566 crore in the 2014-15 fiscal.
  • ONGC, which posted a consolidated net profit of Rs 18,334 crore in 2014-15, slipped to number three, behind RIL and Tata Consultancy Services Ltd, India's largest IT firm, according to earning data of listed firms available on the BSE.
  • The state-owned firm had for long held the pole position as India's most profitable firm. It remained on top till 2013-14 when it posted a consolidated net profit of Rs 26,506.53 crore. That year RIL had a net profit of Rs 22,493 crore.
  • TCS posted a net profit of Rs 19,852 crore in the fiscal ending March 31, 2015 to become the second most profitable firm in the country. Another Tata Group firm, Tata Motors too figured on the list of top 10 profit-making firms.
  • State Bank of India, the nation's largest lender, with a net profit of Rs 16,994 crore was fourth on the list, followed by Tata Motors with Rs 13,986 crore net profit in 2014-15.
  • Coal India Ltd, the world's largest coal producer, came a close sixth with a net profit of Rs 13,727 crore, followed by Infosys (Rs 12,329 crore), ICICI Bank (Rs 12,247 crore), HDFC Bank (Rs 10,689 crore) and ITC (Rs 9,663 crore).

India hikes US govt securities holdings to nearly $107 bn

  • Continuing to increase its exposure to US government securities, India’s holdings rose to $107.7 billion at the end of March this year.
  • The holding level is at a new one-year high after it had crossed the $100 billion mark in February.
  • Latest data from the US Treasury Department shows that India purchased additional securities worth $6 billion in March, taking its total exposure to $107.7 billion.
  • India’s exposure of American government securities has been on an upward trajectory since the Modi government came to power in May last year. In May 2014, the holding stood at $70.1 billion.
  • At the end of March this year, China was the biggest holder with securities worth $1.261 trillion, followed by Japan that had an exposure of $1.227 trillion.
  • Among the BRIC (Brazil, Russia, India, China) grouping, India is the third largest holder of US government securities.

India –

Govt to launch website to help trace missing children

  • With 11 children disappearing every hour in the country, the government will on June 2 roll out a web platform for people to directly report, track and upload information on missing children.
  • The first-of-its-kind web portal will be launched by the Women and Child Development Ministry. It will serve as a platform for people to not only report a missing child but also track the efforts towards his or her recovery.
  • The website,, will answer all queries as to what action is to be taken when a child goes missing.
  • A joint initiative of the WCD Ministry and the Department of Electronics and Information Technology, the website will have three sections, ‘My child is missing’, ‘I have sighted a child’ and ‘Search a missing child’.
  • The website will also provide links to court orders wherein police have been mandated to register an FIR in the matter of a child gone missing and treat it as either abduction or trafficking unless it is proved otherwise in the investigation.

India to Buy Only 36 Rafales From France Instead Of 126

  • India has decided to buy only 36 Rafale fighter jets scrapping the earlier plan to acquire 126 of the French aircraft on grounds of huge cost.
  • Defence Minister Manohar Parrikar termed as "economically unviable" the previous UPA government's 20 billion USD deal for purchase of the 126 Rafale fighter planes more than three years after France's Dassault Aviation was declared the lowest bidder.
  • During his visit to France last month, Prime Minister Narendra Modi announced the decision to buy 36 of the Rafale jets in a fly-away condition under a government-to-government (G2G) contract.

Web-based universal ID cards for disabled from Dec

  • Come December, the Government will roll out for persons with disabilities universal identity cards having a unique number with which their details can be accessed by the click of a button.
  • The initiative will help in a big way in ensuring the authenticity of disability certificates and eliminate hassle of having to carry the certificates for different purposes, as various details, including the type of disabilities would be made available online.
  • The department functioning under the Ministry of Social Justice and Empowerment has decided to issue web-based cards instead of smart cards, proposed initially.
  • One of the big advantages of these ID cards is that migrant persons with disabilities need not have to travel to their home states for certain authorisations, as details would be available online, officials said.
  • The ID cards would further resolve problems of alleged duplicate and fraudulent disability certificates that are being issued, causing issues in the delivery of benefits.
  • Details including personal, bank, disability certificate, employment, education and income status of every person with disabilities would be incorporated for issuing the ID card, they said.

World –

First facial recognition ATM developed in China

  • Chinese researchers have successfully developed the first automated teller machine (ATM) with facial recognition technology to reduce the risk of theft, media reports said.
  • The developers include Tsinghua University and Tzekwan Technology, a Hangzhou firm in eastern China’s Zhejiang province that provides security protection for financial transactions, South China Morning Post quoted Chinese official media as saying.
  • Tzekwan chairman Gu Zikun, an anti-counterfeit technology expert, believes the technology will curb ATM-related crimes.
  • China currently relied mostly on imported ATM technology, the report said, but the new machine, which combines high-speed banknote handling, improved counterfeit-bill recognition and facial recognition, was wholly Chinese.
  • The new ATM’s are expected to connect with the country’s banks and public security networks, which guarantees that only cardholders withdraw money, even if someone else knows the password.
  • But opponents to the technology have taken their concerns about privacy and accuracy online.

Awards & Honors –

Indian-Origin Businessman Honoured in Singapore

  • An Indian-origin entrepreneur is among four persons conferred national honour in Singapore for their "instrumental roles" in the continued growth of the country's business landscape.
  • Gautam Banerjee, who is senior managing director at Blackstone and co-chairman of its Asia operating committee, as well as chairman of Blackstone Singapore, was awarded the 'Public Service Medal' by President Tony Tan Keng Yam.
  • Dominic Barton, Global Managing Director for McKinsey and Company, and Michael R Splinter, Applied Materials Chairman, were awarded the 'Public Service Star (Distinguished Friends of Singapore) award', Channel News Asia reported.
  • The Public Service Medal was also awarded to Paul Graham, Global Chief Operating Officer and CEO for Mainland Europe, Middle East and Africa for DHL Supply Chain.
  • Economic Development Board (EDB) chairman Beh Swan Gin said in a statement that all four award recipients have played "instrumental roles" in the continued growth of Singapore's business landscape.

Sports –

Mohun Bagan wins I-league 2014-15

  • Mohun Bagan have won their maiden I-League title, courtesy of their 1-1 draw against Bengaluru FC in their final game of the 2014-15 season at the Kanteerva Stadium, Bangalore on Sunday evening.
  • It is the fourth national title for Bagan who won the last in 2002 when the tournament was named the National Football League.
  • John Johnson opened the scoring in the 41st minute before Bello Rasaq scored the equaliser in the 86th minute to break the hearts of the assembled Bengaluru fans.
  • Ashley Westwood chose to bench Sunil Chhetri and hand a chance to Udanta Singh to be a part of their three pronged attack alongside Sean Rooney and Robin Singh.
  • Ralte kept Bengaluru in the tie as he denied Dhanachandra from a Yusa corner-kick. In the following flag-kick by Norde, Bello Rasaq headed home to score the elusive equalizer in the 86th minute.
  • Bengaluru FC did string together a couple of attacks in the final minutes but Bagan held their fort together to earn a well deserved draw.

Shooter Gurpreet Singh Gets Quota Place for Rio Olympics

  • Gurpreet Singh secured India a fifth quota place in shooting for the Rio Olympics by finishing fourth in the Men's 10m Air Pistol final at the ISSF Shooting World Cup in Munich today.
  • Gurpreet scored 154 in the final, finishing behind winner Joao Costa (201.4 points) of Portugal. Sun Yang (177.3) was third, securing a quota place for China, while Tomoyuki (200.4) Matsuda of Japan won the silver. Another quota place went to fifth placed Daemyung Lee (136) of South Korea.
  • Ace shooter Jitu Rai surprisingly failed to make the final of the same event.
  • The positive result for Gurpreet comes a day after the disappointment of missing a quota place in the Men's 25m Rapid Fire Pistol where a fourth place was not enough.

Four Indians Bag Gold in International Wrestling Tourney

  • Four Indian grapplers, including Yogeshwar Dutt, struck gold at the International Wrestling tournament in Sassari City, Italy, after finishing on top in their respective weight categories in Men's Freestyle.
  • Yogeshwar bagged the yellow metal in 65kg division, while Praveen Rana claimed the gold in 70kg category, according to the information received here.
  • Amit Kumar and Narsingh Yadav also finished on the top of the podium in 57kg and 74kg categories, respectively.
  • Other Indians in fray were Mausum Khatri (97kg) and Hitender (125kg).
  • After World Wrestling Federation introduced variations in the weight categories at the end of year 2013, Yogeshwar chose to compete in 65kg category, climbing up from 60kg division, in which he won the bronze medal in the 2012 London Olympics.
  • Since jumping up the weight category, Yogeshwar has won gold in all four tournaments he has taken part so far.


Team ExamPundit


Books For 2015 Banking/Insurance Exams

Quantitative Aptitude Quiz for SBI PO Prelims 2015 - Set 9

Hello and welcome to ExamPundit. Here is a set of Quantitative Aptitude Quiz on Simplifications for SBI PO Prelims.

(Q 1–5) What will come in place of question mark (?) in the following questions.

1. 5 8/9 % of 7290 + 3 3/4 % of ? = 4 1/3 % of 17325
(a) 4656
(b) 7824
(c) 6364
(d) 8572
(e) None of these

2. 3√19683 + 3√110592 = 7.5% of ?
(a) 980
(b) 1000
(c) 1140
(d) 1280
(e) None of these

3. 3√117649 + {3√(531441)}1/ 2 + 12.5% of 48 = {(?)2}3
(a) 2
(b) 2.5
(c) 3
(d) 3.5
(e) None of these

4. 4/13 of 7/29 of 5/7 of ? = 1120
(a) 21008
(b) 21412
(c) 21312
(d) 21112
(e) None of these

5. {(7735 ÷ 17) ÷ 16% of 11375} × 2048 = (?)3
(a) 7
(b) 8
(c) 9
(d) 10
(e) None of these

(Q 6-10) What approximate value will come in place of question mark in each of the following questions?

6. 62.66% of 4995.60 - 32.30% of 6895.58 = (?)2
(a) 31
(b) 37
(c) 43
(d) 47
(e) None of these

7. √2200 + 3√4900 = ?
(a) 2304
(b) 4096
(c) 5184
(d) 6084
(e) None of these

8. 29/143 of 14.3% of 37/300 of ? = 28
(a) 7840
(b) 8480
(c) 1020
(d) 1260
(e) None of these

9. (20.89% of 425.95 + 17.67% of 135.986) = ?
(a) 9409
(b) 10609
(c) 12769
(d) 13689
(e) None of these

10. (√3720 ÷ √6560) x 224 = 16.66% of ?
(a) 1648
(b) 1430
(c) 1235
(d) 1008
(e) None of these


Team ExamPundit


Books For 2015 Banking/Insurance Exams

English Quiz for SBI PO Prelims 2015 - Set 14

Hello and welcome to ExamPundit. Here is a set of English Quiz for SBI PO Prelims.

Rearrange the following seven sentences or part of sentences (A), (B), (C), (D), (F), (F) and (G) in the proper sequence to form a meaningful paragraph; then answer the question given below it.
(A) Since 1988 when the world embarked on an effort to wipe out the disease entirely,
(B) Developed by an American scientist, Albert Sabin, the oral polio vaccine (OPV) uses weakened strains of the virus.
(C) The viruses in the vaccine replicate in cell in the gut and evoke an immune response that protects the child when a wild virus comes along.
(D) The vaccine is easy to administer - simply put a couple of drops of it in a child’s mouth.
(E) Widespread use of the oral vaccine has brought the eradication of polio tantalisingly within reach.
(F) The number of cases has fallen by 99.8 percent.
(G) Wouldn’t it be nice to have a better sort of oral polio vaccine?

1. Which of the following should be the FIRST sentence after rearrangement?
(a) A
(b) D
(c) E
(d) F
(e) G

2. Which of the following should be the FOURTH sentence after rearrangement?
(a) B
(b) C
(c) D
(d) E
(e) F

3. Which of the following should be the SECOND sentence after rearrangement?
(a) G
(b) E
(c) F
(d) D
(e) B

4. Which of the following should be the FIFTH sentence after rearrangement?
(a) A
(b) B
(c) C
(d) D
(e) B

5. Which of the following should be the SEVENTH (Last) sentence after rearrangement?
(a) E
(b) D
(c) B
(d) C
(e) A


1. Rinki and Sahasra and Fransciso(first to give)
2. Ruchi - 5/5
3. Abhay - 4/5 / S@M - 4/5


Team ExamPundit


Books For 2015 Banking/Insurance Exams

SBI PO Essay: Rise of Global E-Waste

Hello and welcome to ExamPundit. On the topic "Rise of Global E-Waste" our member, Megha aced it! We are really proud to share the Essay with all of you.

The new topics will be given soon!!


Team ExamPundit


Books For 2015 Banking/Insurance Exams

Reasoning Quiz for SBI PO Prelims 2015 - Set 14

Hello and welcome to ExamPundit. Here is a set of Reasoning Quiz for SBI PO Prelims.

A word and number arrangement machine when given an Input line of words and numbers rearranges them following a particular rule. The following is an illustration of Input and rearrangement.

Input: tea at road 2 9 based 4 25 sooner 6 nearest 49 8 torture.
Step I: at 2 tea road 9 based 4 25 sooner 6 nearest 49 8 tortures.
Step II: at 2 based 25 tea road 9 4 sooner 6 nearest 49 8 tortures.
Step III: at 2 based 25 nearest 49 tea road 9 4 sooner 6 8 tortures.
Step IV: at 2 based 25 nearest 49 road 4 tea 9 sooner 6 8 tortures
Step V: at 2 based 25 nearest 49 road 4 sooner 6 tea 8 tortures.
Step VI: at 2 based 25 nearest 49 road 4 sooner 6 tea 9 tortures 8
Step VI is the last step of the rearrangement.

As per rules followed in the above steps, find out in each of the following questions the appropriate step for the given input.

Input: bus 9 a joints rose 1 6 4 toe 49 9 princes managements 121 tight 25.

1. Which step number will be the following output?
"a 1 bus 9 joints 6 managements 121 princes 49 rose 4 toe 9 tight 25"
(a) Step I
(b) Step II
(c) Step III
(d) Step VII
(e) None of these

2. How many steps are needed to complete this arrangement?
(a) four
(b) five
(c) six
(d) seven
(e) None of these

3. What is the position of '4' in step II?
(a) fifth from the right
(b) fourth from the right
(c) third from the left
(d) seventh from the right
(e) None of these

4. Which of the following is 5th from the left of step IV in the above arrangement?
(a) bus
(b) 1
(c) managements
(d) joints
(e) None of these

5. Which of the following is the last step of the given Input?
(a) a 1 bus 9 joints 6 managements 121 rose 4 toe 49, 9 princes tight 25
(b) a 1 bus 9 joints 6 tighty 25 121 rose managements 4 toe 49 9 princes
(c) a 1 bus 9 joints 6 managements 121 princes 49 rose 4 toe 9 tight 25
(d) a 1 bus 9 joints 6 managements 121 princes 49 rose 4 tight 25 toe 9
(e) None of these


The word and number rearrangement machine rearranges one word and one number in each step from left to right end. It rearranges words in an alphabetical order, and numbers in such a way that if the number of alphabet present in word is even the number is even comes along with word and if the number of alphabet is odd the number is square of total number of alphabet present in that odd word.

For the given Input:

Input: bus 9 a joints rose 1 6 4 toe 49 9 princes managements 121 tight 25
Step I: a 1 bus 9 joints rose 6 4 toe 49 9 princes managements 121 tight 25
Step II: a 1 bus 9 joints 6 rose 4 toe 49 9 princes managements 121 tight 25
Step III: a 1 bus 9 joints 6 managements 121 rose 4 toe 49 9 princes tight 25
Step IV: a 1 bus 9 joints 6 managements 121 princes 49 rose 4 toe 9 tight 25
Step V: a 1 bus 9 joints 6 managements 121 princes 49 rose 4 tight 25 toe 9


Sahasra, Arjit, Anu
[Based on TIME taken]


Team ExamPundit


Books For 2015 Banking/Insurance Exams

Heavens got a plan for you!!!

Hello and welcome to ExamPundit. This is Anubhab! Your mentor, admin and "Dada" :). Today I am writing this for all of you, and I am not copy pasting from any motivational site. Each day, when some result come out, I see few commenting they got in, they wanna focus on the interview, and on the other hand I see sad faces, commenting about not getting in. It makes me sad, not because you could not crack but you are losing faith in yourself.

I am not a great writer, I write real bad, but read it anyways. So, what I am saying here is that I feel bad when you people loose trust in yourself. You work hard, which reflects in your regular participation, so basically you should not be sad. Its not your fault that marginally someone was better.

But it is a fact that when we do not win for 2-3-4-5 or even 6-7 times we loose hope, start believing that we are not good enough. I know its normal, its in our nature, we are really sensitive when it comes to loss. But IT DOES NOT MATTER how many times did you loose. Once you clear that dream exam, all of this will become an inspirational story, a success story in some website. Its like the coin, today your neighbor is giving your example that you are not succeeding and how hard this thing is and suddenly you clear one and get the job *whoosh*, they are giving your example as "Hard Work, Dedication".

Why am I typing all this? All I want to say is that all the criticism you face, really DOES NOT Matter. 

Now, let me tell you something, Nobody can say that they know everything, unless they are fools. May be your English is weak, but your mathematics is much more stronger than others. Or may be there are students, who's Maths and English are both problematic. By giving at least 2-3 exams, you can understand that you can do good in at least ONE topic. That topic is the key to happiness. Trust me, that is!

For example, You are really good at Maths, and you are not that good in English or in Reasoning. If you keep focusing on the things you are not good at, you are never gonna get any kind of motivation. Our heart keeps telling the brain that we can, and brain, like a grumpy teacher, tells you that no you cannot, it is impossible. 

So how do you start believing that you can? Its very simple Start your day with the strongest thing, start with your favorite subject and do it for at least an hour. It will make your brain positive and when you go for the hard ones it will help you think that "Ho jayega, koi baat nahi, yeh thoda tough he". This will help you to learn with positivity, because its all about self belief.  We belong to the Country who got Independence by minimum violence!

Enough of free gyaan! The bottomline,  DO NOT Loose Faith in yourself. Trust yourself that you can. Stay away from people who only points out the wrong in everything. They are the worst and they will bury your motivation with their pessimism. Do Not Pay Heed to People. They keep talking, once you achieve they are the first one to Praise!

If your Mom, Dad ever doubts your chances, keep calm and tell them to believe in you, give you some time and let you focus. It took Sachin Tendulkar over an year to score 100th ton.

I hope you all not be sad! Love you all! Take care!! :) :)


Team ExamPundit


Books For 2015 Banking/Insurance Exams

Saturday, May 30, 2015

Current Affairs Update – 30th May, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 30th May, 2015.

Finance/Banking –

HP Becomes First State to Implement ABPS in Country

  • Himachal Pradesh has emerged as first the state in the country to start Aadhaar based Payment System (ABPS) and payments amounting Rs 76.53 crore have been made through this system till date since the scheme was launched on October 2, 2014, Rural Development Minister Anil Kumar said today.
  • He said that the workers and vendors whose bank accounts were Aadhaar-linked were being paid through ABPS and the wages and cost of material was being directly transferred to their latest Aadhaar-linked bank accounts.
  • So far, Aadhaar numbers of 7.23 lakh active MNREGA workers had been seeded in the MNREGA out of which 5.54 lakh workers' accounts had been linked with the banks.
  • He said that the roadside plantation plan for roads constructed under PMGSY had been prepared during the current financial year and approximately one lakh plants of different species such as mulberry, Jamun, Saru, Shisham, Eucalyptus, Peepal, Cedrus, Neem etc had been planted by the Public Works Department.
  • The Minister said that Centre had approved labour budget for generating 258.29 lakh mandays during the current financial year.
  • The Central Government imposed a cut in the labour budget this year, which resulted in liabilities amounting to Rs 87 crore to the state government.
  • He said that the Centre had released Rs 119.2 crore whereas state had released its share of Rs 12.42 crore during current financial year.

Cabinet clears signing of pact between India, Sweden on MSMEs

  • The government on Saturday approved signing of an agreement between India and Sweden to promote cooperation in the MSME sector.
  • The cooperation opens up doors of new opportunities for the domestic MSME sector by way of new markets, joint ventures, sharing of best practices and technology collaborations, among others.
  • The objective of the MoU is to promote cooperation between the MSMEs of the two countries.
  • It provides a structured framework and enabling environment to the MSME sector in the two countries to understand each other’s strengths, markets, technologies and policies.
  • The MoU also contains an agreement to enable respective MSMEs to participate in each other’s trade fairs/exhibitions and to exchange business delegations, to understand policy and explore markets so that joint ventures, tie-ups and technology transfer among others could take place.
  • The agreement, however, does not contain or involve any financial, legal or political commitment on the part of either party. In no case does it attract any financial liability on the part of the government.
  • The MSME Ministry has so far entered into long-term agreements for cooperation in the MSME sector with ministries or organisations of 17 countries namely, Tunisia, Romania, Rwanda, Mexico, Uzbekistan, Lesotho, Sri Lanka, Algeria, Sudan, Cote d’lvoire, Egypt, Botswana, South Korea, Mozambique, Indonesia, Vietnam and Mauritius.

Finance Minister inaugurated New Bank Note Paper Line unit in Hoshangabad, MP

  • Union Finance Minister Arun Jaitley on 30 May 2015 inaugurated the New Bank Note Paper Line unit of 6000 metric tonne capacity at Security Paper Mill in Hoshangabad, Madhya Pradesh.
  • With opening of this, India will become self-reliant in producing Bank Note Paper for big denominations. Earlier, India was considerably dependent on import of bank note paper for currency of big denominations.
  • He also flagged off the first consignment of one thousand rupees bank note paper made indigenously to Currency Note Press Nashik.
  • It is part of the indigenisation of the Bank Note paper under taken by Security Printing and Minting Corporation of India Limited. The project has been completed at a cost of 495 crore rupees within the time schedule.
  • The plant is capable of incorporating the advanced security features into the Bank Note paper. It is also capable of manufacturing all denominations of Bank Note paper including 1000 rupees.

India –

Cabinet approves India, Bangladesh coastal shipping pact

  • The Government today approved a pact on coastal shipping between India and Bangladesh to facilitate faster and cheaper cargo movement between both the nations.
  • The benefit of this agreement is that freight charges will come down and improve the utilisation of port capabilities between the two countries, the Communication and IT Minister, Ravi Shankar Prasad, said while briefing the media.
  • It will also help in decongestion of roads, especially at the land custom stations/integrated check posts at the India-Bangladesh boarder, the statement said.
  • India and Bangladesh shall render the same treatment to the other country’s vessels as it would have done to its national vessels used in international sea transportation.
  • The commencement of coastal shipping between India and Bangladesh will increase bilateral trade between the two countries and lower down the cost of transportation of Exim cargo.
  • India’s trade with Bangladesh has grown rapidly during the past few years and Bangladesh is now India’s largest trade partner in South Asia.
  • Therefore, to reduce the cost of shipping operation, a lower but pragmatic standard of vessel known as River Sea Vessel (RSV) has been prescribed for coastal shipping and the RSV category of vessel has been agreed upon by both the countries.

Cabinet Nod For Indo-Bangla Pact on Human Trafficking

  • Ahead of Prime Minister Narendra Modi's visit to Dhaka, the Union Cabinet today approved signing of a pact between the two countries to prevent human trafficking and ways to reintegrate the victims with their families.
  • The Union Cabinet, chaired by the Prime Minister Modi, has approved signing of a Memorandum of Understanding (MOU) on prevention of human trafficking especially trafficking in women and children: rescue, recovery, repatriation and reintegration of victims of human trafficking.
  • An official statement said the MoU will help strengthen cooperation to prevent all forms of the human trafficking, especially that of women and children and ensure the speedy investigation and prosecution of traffickers and organised crime syndicates in both the neighbouring nations.
  • The pact will also ensure repatriation of victims as expeditiously as possible. After repatriation, the home country will undertake the safe and effective reintegration of the victims with their families.

Appointments –

G R Aloria named chief secretary of Gujarat

  • Gujarat government on Saturday appointed 1981-batch IAS, G R Aloria as the new chief secretary to the state. Aloria, who is currently serving as the additional chief secretary of Urban Development Department, succeeded the incumbent chief secretary D J Pandian, who retires from the service on May 31.
  • In a notification issued on Saturday, the general administration department of the state government announced appointment of Aloria as the chief secretary to Government of Gujarat with effect from May 31, 2015.
  • Aloria is the senior most bureaucrat in the state administration and had served in several key positions including heading the Sardar Sarovar Narmada Nigam Limited during the land acquisition for the for canal network. He was also secretary in the revenue department, which fell under Chief Minister Anandiben Patel.

Veena Jain appointed as Director General of Doordarshan News

  • Veena Jain was on 29 May 2015 appointed as Director General (news) in Doordarshan. She succeeded senior Indian Information Service (IIS) officer Akshay Rout. Her appointment was approved by the Union Ministry of information and broadcasting (I&B).
  • Jain will also hold the charge as Officer on Special Duty (OSD) and will oversee the ministry's new media wing and social media cell. She will report to the ministry for all purposes.
  • She is currently posted as Additional Director General in the News Services Division of All India Radio (AIR). Earlier, she has also served as director of Publications Division of AIR.

NITI Aayog Gets Two New Advisers, 10 New JS Appointed

  • Alok Kumar and Jitendra Kumar have been appointed as advisers in NITI Aayog for five years as part of a minor bureaucratic reshuffle effected by the government today.
  • Alok is a 1993 batch IAS officer of Uttar Pradesh cadre while Jitendra (1987 batch) is Indian Forest Service officer of Uttarakhand cadre.
  • Also, Anna Roy has been appointed as Joint Secretary (JS) in the Department of Financial Services, an order issued by Department of Personnel and Training said.
  • Roy, a 1992 batch officer of Indian Economic Service, will have tenure till October 31, 2017. She is working as a Director in the same department.
  • IAS officer Sanjay Prasad has been appointed as Joint Secretary in Department of Science and Technology for five-year term, it said.
  • Jitendra Kumar Sinha, a 1996 batch IAS officer of Manipur Tripura cadre, is new Joint Secretary in Ministry of Development of North Eastern Region. He will hold the charge for five years, the order said.
  • Md Shahbaz Ali, Indian Post and Telecommunication Accounts and Finance Service officer, has been appointed as Managing Director (JS-level) in National Minorities Development and Finance Corporation under the Ministry of Minority Affairs.
  • Rajiv Kumar, an Indian Forest Service officer, has been appointed as JS in Department of Electronics and Information Technology. Jagmohan Gupta, a 1987 batch officer of Indian Railway Accounts Service, is new Joint Secretary and Financial Adviser in Ministry of Water Resources, River Development and Ganga Rejuvenation, it said.
  • Venugopal Reddy Gaddam, officer of Indian Railway Service of Electrical Engineers, has been made JS in Ministry of Labour and Employment for five years, the order said.
  • Navneet Soni, a 1988 batch officer of Indian Revenue Service (Income Tax cadre), has been appointed as Member Secretary (Joint Secretary level) in National Monuments Authority under the Culture Ministry, it said.

Sepp Blatter wins re-election as FIFA president

  • Sepp Blatter was re-elected as FIFA president for a fifth term on Friday, chosen to lead world soccer despite separate U.S. and Swiss criminal investigations into corruption.
  • The 209 FIFA member federations gave the 79-year-old Blatter another four-year term after Prince Ali bin al-Hussein of Jordan conceded defeat after losing 133-73 in the first round.
  • Prince Ali’s promise of a clean break from FIFA’s tarnished recent history was rejected despite the worst scandal in the organization’s 111-year history.
  • Senior FIFA officials were among seven men arrested at the request of American federal prosecutors investigating bribery, money-laundering and wire fraud. The 2018 and 2022 World Cups awarded to Russia and Qatar, respectively are the focus of a separate Swiss federal probe of suspected financial wrongdoing.
  • Last November, Blatter and FIFA filed a criminal complaint with the Swiss attorney general’s office against non-Swiss nationals.

World –

Google working with Levi Strauss to make smart fabric

  • Google has announced that it is working with iconic US jean maker Levi Strauss to make clothing from specially woven fabric with touch-screen control capabilities.
  • The Internet titan used its annual developers conference in San Francisco to reveal its so-called Project Jacquard and to spotlight Levi Strauss as its first partner.
  • Named after a Frenchman who invented a type of loom, Project Jacquard is in the hands of a small Google team called Advanced Technology and Projects (ATAP), which is different from the Google (x) lab that develops big-vision innovations such as self-driving cars.
  • Project Jacquard makes it possible to weave touch and gesture interactivity into any textile using standard, industrial looms, according to Google.
  • Anything involving fabric, from suits or dresses to furniture or carpet, could potentially have computer touch-pad style control capabilities woven.

Silk Road creator gets life term for drug plot

  • The accused mastermind behind the Silk Road underground website was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin.
  • Ross Ulbricht, 31, was sentenced by U.S. District Judge Katherine Forrest in Manhattan after a federal jury in February found him guilty of charges including distributing drugs through the Internet and conspiring to commit computer hacking and money laundering.
  • Silk Road operated for more than two years, allowing users to anonymously buy drugs and other illicit goods and generating over $214 million in sales in the process, prosecutors said.
  • They said Ulbricht ran Silk Road under the alias Dread Pirate Roberts, a reference to a character in the 1987 movie The Princess Bride.
  • The website relied on the Tor network, which lets users communicate anonymously, and accepted bitcoin as payment, which prosecutors said allowed users to conceal their identities and locations.

Books & Authors –

Book titled Ahmedabad: A City in the World by Amrita Shah released

  • Ahmedabad: A City in the World authored by Amrita Shah was released 28 May 2015. The book is a biography of India's seventh-largest city Ahmedabad and its all too frequent complicity in communal violence.
  • The author in the book has described the six-hundred year old former textile town in Kaka-style development and sketches Mahatma Gandhi and his struggle against British rule.

Book titled Super Economies by Raghav Bahl released

  • The book Super Economies: America, India, China & The Future Of The World written by Raghav Bahl published in May 2015. He is an Indian businessman best known for his ownership of several television channels, including TV18.
  • The book explains the vastly changed nature of the world since the Cold War and predicts what will be the likely changes in the 21st century.

Days –

International Day of United Nations Peacekeepers observed across the world

  • The international Day of United Nations Peacekeepers was observed on 29 May 2015 with the theme Together for Peace.
  • To mark the occasion, various events were organised across the globe to commemorate all brave men and women who have contributed towards establishing peace and security in the war torn countries and ravaged societies across the world.

Awards & Honors –

Anand Kumar, Founder of Super 30, honoured in Canada

  • Super 30 founder and mathematician Anand Kumar on 29 May 2015 was honoured by Legislature of British Columbia in Canada at Toronto University for his pioneering work in the field of education.
  • The Speaker Linda Reid honoured Kumar with a memento and also appreciated his endeavour at a proposal initiated by Marc Dalton, an MLA. The 42-year-old Kumar was honoured for his rare achievements for the students from India's underprivileged sections.
  • Kumar was invited by the British Columbia Government in recognition of his work through globally acclaimed Super 30, which has mentors 30 students mostly from the underprivileged sections of the society for IITs free of cost for the last 14 years.

Get more detailed news with proper definitions at Current Affairs Portal


Team ExamPundit


Books For 2015 Banking/Insurance Exams

General Awareness Quiz for SBI PO 2015-16 - Set 3

Hello and welcome to ExamPundit. Here is the third set of SBI PO 2015-16 General Awareness Quiz.

1. Recently, PM Narendra Modi inaugurated ________ bank’s first ever branch in _______.
(a) ICICI, Beijing
(b) Axis, Guangzhou
(c) ICICI, Guangzhou
(d) Axis, Shanghai
(e) None of these

2. Accra is the capital city of _________.
(a) Algeria
(b) Ghana
(c) Angola
(d) Morocco
(e) Libya

3. The Union Government recently launched Kayakalp Award Scheme for which purpose?
(a) To improve cleanliness in Public Health Facilities
(b) To improve entrepreneurship in Minorities Communities
(c) To create awareness and develop Public Places
(d) To improve cleanliness in Rural Districts
(e) None of the above

4. Consortium Advances refer to
(a) Multiple advances
(b) Joint financing by more than one bank
(c) Financing of consignment business
(d) Concurrent borrowing
(e) None of these

5. Which Bank recently partnered with Apollo Hospitals to launch Medical Prepaid Cards?
(a) HDFC Bank
(b) HSBC Bank
(c) Axis Bank
(d) Canara Bank
(e) State Bank of India

6. Which payment portal recently tied up with State Bank of India to enable cross-border transactions?
(a) PrePaid
(b) PayPal
(c) PayTM
(d) UnionPay
(e) OxiCash

7. Which country will host the 2016 NATO Summit?
(a) Ukraine
(b) Russia
(c) United Kingdom
(d) Poland
(e) Portugal

8. Along with Snapdeal, which other E-commerce company signed MoU with State Bank of India for seller financing purpose?
(a) Flipkart
(b) EBay
(c) Amazon
(d) PayPal
(e) Both A and D

9. Balance of payment Includes-
(a) Visible Trade
(b) Invisible Trade
(c) Debts
(d) All of these
(e) None of these

10. A letter of credit has to be produced by-
(a) An importer
(b) An exporter
(c) Shipping company
(d) Both A and B
(e) None of these

11. Mrinal Datta Chaudhuri who recently passed away, was an eminent–
(a) Theatre Artist
(b) Author
(c) Journalist
(d) Both B and C
(e) None of these

12. How much credit did World Bank recently approve for improvement of Primary School Teachers in Bihar state?
(a) $1 bn
(b) $100 mn
(c) $700 mn
(d) $250 mn
(e) $200 mn

13. What is India’s rank in First Environmental Democracy Index which was recently published?
(a) 42nd
(b) 12th
(c) 24th
(d) 29th
(e) 102nd

14. What is the currency of Costa Rica?
(a) Costa Rican Dollar
(b) Costa Rican Riyal
(c) Costa Rican Peso
(d) Costa Rican Colon
(e) Costa Rican Lira

15. Which one of the following is not a qualitative credit control measure of the RBI?
(a) Open Market operations
(b) Fixing margin requirements
(c) Credit rationing
(d) Variable Interest rates
(e) None of the above

16. Which Indian-origin cop recently won the Top Civilian Supervisor of the Year 2015?
(a) Hardeep Singh Sandhu
(b) Rajdeep Dhami
(c) Chad P Gehani
(d) Sandip Verma
(e) None of them

17. Which Indian state to host Paragliding World Cup 2015?
(a) Uttarakhand
(b) Jammu & Kashmir
(c) Rajasthan
(d) Arunachal Pradesh
(e) Himachal Pradesh

18. Sandi Bird Sanctuary is located in which state?
(a) Himachal Pradesh
(b) Telengana
(c) Andhra Pradesh
(d) Bihar
(e) Uttar Pradesh

19. Which of the following is not a primary function of a bank?
(a) Facilitating import of goods
(b) Issuing Bank Drafts
(c) Granting Loans
(d) Selling Gold / Silver Coins
(e) None of these

20. International Tiger Day is celebrated on _______.
(a) 29th of May
(b) 21st of August
(c) 29th of July
(d) 22nd of June
(e) 1st July

Some None of these Answers:
1. ICICI Bank in Shanghai
11. Economist
16. Harkeert Singh Saini

Winners of this Quiz:

1. Dreamer/Ruchi / Kalpan
2. Avishek
3. Priyanka/Megha/Sakshi


Team ExamPundit


Books For 2015 Banking/Insurance Exams

SBI PO 2015 Letter: Letter to a friend concerning Net Neutrality Issue

Hello and welcome to ExamPundit. Here is the second winner of our SBI PO Contest. The topic "Write a letter to you friend concerning the Net Neutrality Issue" aced by Disqus ID - Mard Rikshawala.

:: Download His Letter PDF ::


Team ExamPundit


Books For 2015 Banking/Insurance Exams

SBI PO 2015 Essay: Our Responsibilities towards the Financial Development of India

Hello and welcome to ExamPundit. We held the Essay Contest a week ago and here is the first winner of the contest. The Essay "Our Responsibilites towards the Financial Development of India" has been aced by our member "Butterfly". She did an awesome job by putting up simple yet logical explanations with points.

Other topics will be published soon!


Team ExamPundit


Books For 2015 Banking/Insurance Exams

Data Interpretation Quiz 2015 - Set 32

Hello and welcome to ExamPundit. Here is a set of Data Interpretation Quiz for SBI PO.

There are a certain number of candidate appeared for the state level commission examination conducted by three different states Bihar, Jharkhand and Orissa. All of the candidates have cleared at least one states examination. 32.5 % students cleared Bihar's examination, 42.5 % students cleared Jharkhand examination and 54.5 % students cleared Orissa state examination. 9 % students cleared only Bihar and Jharkhand examination, 6 % students cleared only Jharkhand and Orissa examination and 7.5 % students cleared only Bihar and Orissa examination.
If total number of students in the group is 800 then answer the following questions:

1. How many students cleared all three state–level examination?
(a) 28
(b) 36
(c) 66
(d) 56
(e) None of these

2. What is the percentage of students who cleared the only examination conducted by state Bihar?
(a) 6 %
(b) 9 %
(c) 12.5 %
(d) 15 %
(e) 16 %

3. How many students are there who cleared examinations conducted by at least two states?
(a) 208
(b) 224
(c) 232
(d) 236
(e) None of these

4. What is the percentage of students who cleared the exam conducted by Jharkhand but couldn't clear the exam conducted by Orissa state?
(a) 29.5 %
(b) 32 %
(c) 27.5 %
(d) 33 %
(e) 35 %

5. How many students are there who have cleared at most one exam conducted by these three states?
(a) 514
(b) 508
(c) 524
(d) 560
(e) 592


X + K = 260 – (72 + 60) = 128 –––––– (I)
Y + K = 340 – (72 + 48) = 220 ––––––– (II)
Z + X = 436 – (48 + 60) = 328 –––––––(III)

X + Y + Z + K = 800 – (72 + 60 + 48) = 800 – 180 = 620

Now, equation (I) + (II) + (III) – equation (IV) gives

\K = 28 2K = 56, X = 100 Y = 192 Z = 300

1. Number of students who cleared all the three state – level exams = 25
2. Required % = 100/800 x 100 = 12.5%
3. Required number of students = 72 + 48 + 60 + 28 = 208
4. Required % = 264/800 x 100 = 33%
5. Required number of students = 100+ 192 + 300 = 592

Winners of this Quiz:

1. Wall-E
2. Avishek/Ashutosh
3. Sanchita/FedEx


Team ExamPundit


Books For 2015 Banking/Insurance Exams