Tuesday, June 30, 2015

Current Affairs Update – 30th June, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 30th June, 2015. These are important for the upcoming SBI PO Mains 2015 and RBI Assistant 2015 Exam.

Finance/Banking/Economy –

Union Government hiked national floor-level minimum wage to 160 rupees per day


  • The Union Government in June 2015 increased the national floor-level minimum wage (NFLMW) to 160 rupees per day from 137 rupees per day. The new rate will be effective from 1 July 2015.
  • If states revise their minimum wages as per the new NFLMW, the decision is expected to benefit millions of workers in the scheduled employments in the respective state jurisdictions.

About national floor-level minimum wage (NFLMW)
  • It was implemented for the first time in 1996 on the basis of the recommendations of the National Commission on Rural Labour (NCRL) under the Minimum Wages Act, 1948.
  • It is a non-statutory measure and after every revision, the State Governments are persuaded to fix minimum wages such that in none of the scheduled employments, the minimum wage is less than NFLMW.
  • It was fixed at 35 rupees per day in 1996 and has since been revised almost regularly every two years taking into account the increase in the CPI (IW).
  • It was last raised in July 2013 from 115 rupees a day fixed in 2011.



SBI partners with MakeMyTrip for travel biz


  • In its series of digital initiatives and tie-ups, State Bank of India, country’s largest bank, partnered with online travel company MakeMyTrip.com to capitalise on the business opportunities of the booming e-commerce and m-commerce ecosystem.
  • The alliance includes partnership with personal banking unit for consumer facing propositions – including EMIs on purchase of holidays & international travel, customized travel products like Forex cards and travel products that inspire SBI customers to travel.
  • It also includes partnership with SME & Acquiring Business -- MMT suppliers, such as 2-3 star hotels, franchisees, Trade & Travel partners will get access to SBI products, loans, bank guarantees, PoS payment instruments at preferential rates and partnership with cards for promoting card usage which will help in pushing the agenda of a less cash economy.
  • MakeMyTrip customers will be able to access special offers from SBI on debit/credit cards and personal financing.



Bharti Airtel is now world's third largest mobile operator


  • Sunil Mittal-led Bharti Airtel is now the world's third largest mobile operator with 303 million subscribers.
  • With operations in 20 countries, Bharti Airtel, which is present in India, Bangladesh, Sri Lanka and Africa, has "become the third largest mobile operator in the world in terms of subscribers", the company said in a statement.
  • Quoting latest data published by World Cellular Information Service (WCIS), it said Airtel has over 303 million mobile subscribers across its operations and has moved up one position in the global rankings. China Mobile, according to WCIS, is the top mobile operator in the world with 626.27 million subscribers. Vodafone Group of UK ranks second with 403.08 million subscribers.
  • China Unicom is ranked fourth with 299.09 million subscribers, followed by America Movil with 274.14 million users.



Airtel Inks Four-Year Deal With Nokia for 3G Services

  • Telecom operator Bharti Airtel has selected Nokia Networks for the rollout its 3G services in five telecom circles and network expansion in three zones.
  • Under the four-year contract, Nokia will provide its equipment and services to Bharti Airtel's infrastructure.
  • Bharti Airtel in the spectrum auction held in February this year bought 3G spectrum in seven telecom service areas, including in six new circles of Gujarat, Haryana, Madhya Pradesh, Maharashtra, Odisha and UP East, for Rs 5,833.5 crore. It bought additional slot in Tamil Nadu.
  • Under the deal, Nokia will work on network planning and optimisation, network implementation, network operations, project management and care services, including hardware and software maintenance as well as competence development.



Flipkart Ranked Second Among Top Global Book Sellers


  • E-commerce major Flipkart has been ranked second among top book sellers of the world, according to a survey.
  • Flipkart is the only Indian brand to be ranked among the top five, says the survey report 'Top 40 Global Bookstore Mind Share' (BMS Index).
  • The survey, which assessed both offline as well as online book sellers across the globe, has ranked Flipkart ahead of companies like Barnes & Noble of the United States, FNAC of France, Waterstones of the UK and The Book Depository, also from UK.
  • The results were finalised by standardising data from sources like Wikipedia traffic, Google Books N-Gram and Google search term frequency.
  • The index was based on two factors -- the number of people thinking about these stores and its frequency.
  • The research project for BMS Index was led by Paul Xavier McCarthy, Adjunct Professor of University of New South Wales, Australia and author of 'Online Gravity'.



Infrastructure sector grew at 4.4 per cent in May 2015


  • The output of eight infrastructure sectors expanded by 4.4 per cent in May, the highest growth rate in past six months, on the back of upsurge in production of coal and refinery products.
  • The output of eight core sectors had declined in the previous two months of March and April. The core sectors had expanded at a rate of 3.8 per cent in May 2014. The growth in May 2015 was driven by healthy output of coal (7.8 per cent), refinery products (7.9 per cent) and electricity generation (5.5 per cent).
  • Crude oil production increased by 0.8 per cent while steel and cement grew by 2.6 per cent. Fertiliser output grew by 1.3 per cent. Natural gas, however, recorded a negative growth of 3.1 per cent in May 2015.
  • In March and April, the eight sectors, which contribute 38 per cent to overall industrial production, had declined by 0.1 per cent and 0.4 per cent respectively. The core sectors’ growth rate in May this year is the highest since November 2014, when these segments had expanded by 6.7 per cent.
  • During April-May period of the current fiscal, the sectors’ output expanded by 2.1 per cent as against 4.7 per cent in the same period last year.



India –

India, Thailand signed five MOUs during the 7th Meeting of India-Thailand Joint Commission

  • India and Thailand on 29 June 2015 signed five Agreements/ Memorandum of Understandings (MOUs) during the 7th Meeting of India-Thailand Joint Commission in Bangkok.
  • The documents were signed by the External Affairs Minister Sushma Swaraj and Deputy Prime Minister and Minister of Foreign Affairs of Thailand Gen Tanasak Patimapragorn.
  • Swaraj was on a three-day (27-29 June 2015) visit to Thailand and during the travel she co-chaired the 7th meet of the India-Thailand Joint Commission for Bilateral Cooperation.

The signed Agreements/MOUs includes
  1. Agreed Minutes of the Seventh Meeting of the Thailand-India Joint Commission for Bilateral Cooperation: Record of decisions on the review of bilateral relationship at Ministerial level.
  2. Exchange of Instruments of Ratification of the Treaty on Extradition: The Treaty provides the legal framework for seeking extradition of fugitive offenders, including those involved in terrorism, transnational crimes, economic offences etc. This will help both the countries in expedited extradition of fugitives. This Treaty would further strengthen the relationship between two law enforcement agencies by providing a firm legal basis for their bilateral cooperation
  3. Memorandum of Understanding on the Establishment of Nalanda University: By signing this Agreement, Thailand joined other East Asian Summit (EAS) countries in the establishment of Nalanda University
  4. Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on Income: The agreement provides the framework to avoid double taxation and prevention of fiscal evasion with respect to taxes on income so as to promote economic cooperation between two countries.
  5. MoU on the Establishment of the "Academic Chair” in Ayurveda: The MoU was inked between Ministry of AYUSH, India and Rangsit University, Thailand. Under the MoU, the Central Council for Research in Ayurvedic Sciences will set up a Chair at Rangsit University, Thailand to undertake an academic and research activities in Ayurveda.


               
Gadkari Announces Construction of Two National Highways in North-East

  • As part of Centre's efforts to strengthen infrastructure development in the North-East, Union Minister Nitin Gadkari today announced the construction of two new national highways to connect Tripura with Assam.
  • "The state government has long been demanding for construction of two new national highways – one from Sabroom to Kukital in Assam and the other is from Khowai sub-division to Agartala," Union Road Transport, Highways and Shipping Minister Nitin Gadkari said.
  • "These highways would be constructed under 'Bharatmala' and works would be started before December this year. The total expenditure would be Rs 801.79 crore," he said after laying foundation of the double laning of a 55-km long road from here to Udaipur in Gomati district.
  • A 30-km long road would also be constructed from Jolaibari in South Tripura district to Bangladesh border and double laning of the Assam-Agartala national highway from Churaibari to Sabroom would soon be completed.
  • He said, recently an agreement was signed in Thimpu in Bhutan for road connectivity between India, Bangladesh, Nepal and Bhutan.



Union Government approved Shimla drinking water project for World Bank funding

  • The Union Government on 29 June 2015 approved 643 crore rupees drinking water and sewerage project for Shimla town for World Bank funding. Under the project, World Bank will provide a loan of 514 crore rupees and remaining 129 crore rupees will be provided by the state government as counterpart funding over a project period of three years.
  • The project would help the people of Shimla and adjoining Special Planning Area in addressing the chronic water shortage problem and also sewerage connectivity.
The project approved by the Union Finance Ministry during a meet in New Delhi would have three components and they are
  1. Augmentation of water supply of Shimla town by lifting water from Kol Dam reservoir
  2. Rehabilitation of water supply distribution system
  3. Rejuvenation of sewerage network



Union Railway Ministry inaugurated Integrated Security System in Mumbai

  • Union Railway Minister Suresh Prabhu on 29 June 2015 inaugurated the Integrated Security System (ISS) at four railway stations in Mumbai comprising Chhatrapati Shivaji Terminus (CST), Dadar, Kurla and Lokmanya Tilak Terminus (LTT).
  • The ISS was installed with a total cost of 21.72 crore rupees. The ISS is aimed at improving security on Railway premises, ensuring safety of the people and averting terror attacks.
  • The system will monitor passenger activities through a network of CCTV cameras at six railway stations comprising CST, Dadar, Kurla, LTT, Kalyan and Thane. It has a total of 118 CCTV cameras that will beam the live images of railway stations under its coverage on six monitors.



Memorial for former PM Narasimha Rao constructed at Ekta Sthal Samadhi Complex in New Delhi

  • Construction of a memorial for former Prime Minister P V Narasimha Rao was completed in the fourth week of June 2015 at the Ekta Sthal Samadhi Complex in New Delhi.
  • The completion of the work coincided with his birth anniversary that falls on 28 June.
  • Already, Ekta Sthal Samadhi Complex hosts memorials of former Presidents Shankar Dayal Sharma, K R Narayanan, R Venkatraman, Giani Zail Singh and former Prime Ministers - Chandrasekhar and I K Gujral.
  • P V Narasimha Rao (1921-2004) was the tenth Prime Minister of India.
  • During his tenure between 1991 and 1996, along with his finance minister and former Prime Minister Manmohan Singh, he introduced a slew of economic reforms, known as New Economic Policy (NEP) or Rao-Manmohan growth model.



Days –

9th National Statistics Day observed with theme Social Development


  • India on 29 June 2015 observed its ninth National Statistics Day. Theme for the 9th Statistics Day is Social Development.
  • The day organised by Ministry of Statistics and Programme Implementation (MoSPI) commemorates the birth anniversary of late Prof. Prasanta Chandra Mahalanobis.
  • PC Mahalanobis born on 29 June 1893 was an Indian Bengali scientist and applied statistician. He is best remembered for the Mahalanobis distance, a statistical measure. He made pioneering studies in anthropometry in India.
  • Later in his life, as a member of Planning Commission, he gave the Two-sector Input-output model for the Second Five Year Plan (1956-61) which became famous as Nehru-Mahalanobis model or Basic Industry strategy of economic growth.
  • He founded the Indian Statistical Institute, and contributed to the design of large-scale sample surveys.
  • World Statistics Day is celebrated on 20 October 2010 worldwide.


World –

Nearly 30 percent of China’s Great Wall disappeared over time: Survey

  • The Great Wall of China, a UNESCO World Heritage site, was in news in the fourth week of June 2015 as Beijing Times published a survey report stating that around 30 percent of the Wall disappeared overtime and around 1185 km of the fortification are in poor condition.
  • The survey was conducted by the Great Wall of China Society in 2014.
  • As per the survey, the disappearance of over 1962 kms length of the wall, out of the total length varying between 9000 km to 21000 km, was caused by numerous factors over many centuries.
  • Some of them are perennial exposure to wind and rain, tourism, growth of plants in the walls and reckless human activities like stealing the bricks to build houses, etc.
  • Though the construction of the UNESCO World Heritage site was first begun in the third century BC, nearly 6300 kms were built during the Ming Dynasty (1368-1644).



Bangladesh, China Sign Pact to Build Under-River Tunnel

  • Bangladesh signed an agreement with China for the construction of a 3.5-km tunnel under the Karnaphuli River in Chittagong at an estimated cost of over USD 1 billion.
  • Ministry spokesperson Abu Naser said that Bangladesh's Ministry of Road Transport and Bridges signed the deal with China Communications Construction Company in Beijing, .
  • Bridges Division Secretary Khandker Anwarul Islam signed the agreement on behalf of Bangladesh in presence of Minister Obaidul Quader, Naser was quoted as saying by bdnews24.Com.
  • A memorandum of understanding was signed between Bangladesh and China for the tunnel during Prime Minister Sheikh Hasina's Beijing visit in June last year.
  • The tunnel would be connected to the proposed Asian Highway and to Chittagong-Cox's Bazar Highway, according to the minister.
  • It is expected to be completed by December 2018.



Reports/Indexes –

               
India Among 'Bottom Three' Among 31 in Women Entrepreneurship: Report

  • When it comes to opportunities for women to start entrepreneurial initiatives, India is placed in the "bottom three" among 31 countries as lack of equal rights hinder their opportunities, says a report.
  • United States, Canada and Australia were named best countries for women entrepreneurs, while India was ranked among the bottom three, according to the Global Women Entrepreneur Leaders Scorecard released at Dell Women's Entrepreneur Network summit in Bangalore.
  • The 2015 scorecard that evaluates 31 countries, ranked India at the 29th position, followed by Pakistan (30th) and Bangladesh (31st).
  • The United States topped the list due to predominantly favourable business environment and women's job mobility in the private sector registering an overall score 71 per cent.
  • Sweden and the UK made to the top five positions with 68 per cent and 65 per cent, respectively.
  • In India only 4 per cent of Chief Executive Officers (CEOs) are women, while a mere 9.5 per cent of board members belong to the fairer sex and in case of senior management, the figure stood at around 15 per cent.



Appointments –

IDFC appoints former CAG Vinod Rai as independent director


  • Infrastructure financing firm IDFC today appointed Vinod Rai, former Comptroller and Auditor General of India (CAG), as independent director.
  • The appointment has been made with immediate effect, IDFC said in a filing on the BSE.
  • Rai also worked as Financial Services Secretary. He was director on several boards including the State Bank of India, ICICI Bank, IDBI Bank and Life Insurance Corporation of India.
  • He was instrumental in setting up the India Infrastructure Finance Company Limited and was also on the board of that company.



Afghan president nominates Anisa Rasouli as first female judge to Supreme Court


  • Afghan President Ashraf Ghani on Tuesday nominated a female judge to sit on the Supreme Court in an unprecedented move that has angered some Islamic conservatives.
  • Anisa Rasouli, the head of the Afghan Women Judges Association and a former juvenile court judge, was the only female nominated to the nine-member bench after the announcement was delayed due to opposition by a group of Islamic conservatives earlier this month.
  • The nomination, which requires approval by parliament, is part of efforts by Ghani's unity government to promote more women to high-profile positions since he and his Chief Executive Officer Abdullah Abdullah assumed office last September.
  • Under the constitution, Supreme Court judges have fixed ten-year terms. In April lawmakers approved Ghani's nominees for a number of cabinet positions, including four women.



Sports –

First ever day-night Test in November at Adelaide Oval


  • Australia and New Zealand will play the first ever day-night Test in November this year, Cricket Australia (CA) has confirmed.
  • This historic match will be played at the Adelaide Oval from November 27, CA said today.
  • This game will be the third and final Test of the series between the Trans-Tasman rivals for Chappell-Hadlee Trophy.
  • Pink Kookaburra ball will be used.
  • The first ever Test match was played in 1877 and so far till date 2,168 five-day games have taken place. And in November it will be a new beginning for the traditional format.




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Data Sufficiency Quiz for SBI PO Mains 2015 - Set 1


Hello and welcome to ExamPundit. Here is a set of Data Sufficiency Quiz for SBI PO Mains 2015.


Directions (Q. 1-5): Each of the questions below consists of a question and two statements (I) and (II). You have to decide whether the data provided in the statements are sufficient to answer the question and based on this give answer
(a) If the data in statement (I) alone are sufficient to answer the question, while the data in statement (II) alone are not sufficient.
(b) If the data in statement (II) alone are sufficient to answer the question, while the data in statement (I) alone are not sufficient.
(c) If the data either in statement (I) alone or in statement (II) alone are sufficient to answer the question.
(d) If the data given in both the statements (I) and (II) together are not sufficient to answer the question.
(e) If the data in both the statements (I) and (II) together are necessary to answer the question.

1. What is the difference between the present ages of A and B if the sum of their present ages is 70 years?
I. Five years ago the age of B was twice the age of A.
II. After five years the age of A will be 60% of the age of B.




Solutions -Let the present age of A and B be ‘x’ and ‘y’ respectively. x + y = 70... (i)
From (I), (y – 5) = 2(x –5) or 2x – y = 5 ... (ii)
From eqn (i) and (ii), x = 25 and y = 45
From (ii), (x + 5) = (y 5) 100 60 +
or, 5x – 3y = – 10 ... (iii)
From eqn (i) and (iii), x = 25, y = 45 




2. What is a two-digit number?
I. The difference between the digits of the two-digit number is 3.
II. The digit in the unit’s place is greater than the digit in the ten’s place.




Solutions -Let the number be 10x + y.
From (II),  y > x and from (I), y – x = 3
But to find the value of ‘x’ and ‘y’ we need one more equation. 




3. Among three integers X, Y and Z, which is the greatest?
I. X is 62.5% of Z
II. The difference between X and Y is 30.




Solutions -From (I), X = 62.5/100 ´ Z or X < Z ... (1)
From (II), X – Y = 30 or X > Y ... (2)
From (1) and (2), Z > X > Y \ ‘Z’ is the greatest 




4. If X and Y are integers, then is X + Y an even number?
I. X > Y
II. 12 < X < 14 and 10 < Y < 14




Solutions -From (II), 12 < X < 14
‘X’ can be 13
And 10 < Y < 14, so ‘Y’ can be 11, 12, 13
From (I) X > Y
\ Y = 11 or 12
When Y = 11 then X + Y = 13 + 11 = 24 (even number).
But when Y = 12 then X + Y = 13 + 12 = 25, which is an odd number.
So, data given is not sufficient 




5. What is the ratio of the speed of a boat in still water to the speed of the stream?
I. It takes 3 hours to cover a distance downstream.
II. It takes 5 hours to cover the same distance upstream.

 





Solutions - Let the speed of the boat in still water be ‘x’ and the speed of the stream be ‘y’. 
Speed downstream = x + y
And speed upstream = x – y
From (I), distance = 3x(x + y)
And from (II), distance = 5(x – y)
3(x + y) = 5(x – y)
3x + 3y = 5x – 5y
2x = 8y
x/y = 4/1
So, x:y = 4:1



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IDBI Executive 2015 - Online Exam Call Letter


Hello and welcome to ExamPundit. IDBI Bank has activated the link to download the Online Exam Call Letters for IDBI Executive 2015.

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Thank you Pavan for informing us.


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Expected Questions for SBI PO Mains 2015 - India


Hello and welcome to ExamPundit. Here are the Important Expected Current Affairs Questions for SBI PO Mains 2015 based on National Current Affairs including Appointments and Awards.


1. Name the newly Appointed Indian Air Force Vice Chief.
— Air Marshal Birender Singh Dhanoa

2. Who was recently appointed as Chancellor of Nalanda University?
— George Yeo

3. George Yeo, was recently appointed as the Chancellor of Nalanda University is a former minister of which country?
— Singapore

4. With which country did India recently Sign a Letter of Intent on Collaboration in Polar and Ocean Research?
— Sweeden

5. Who was recently appointed as Director of Vikram Sarabhai Space Centre?
— K Sivan

6. Who was recently appointed as Assistant Chief of Naval Staff?
— Rear Admiral Philipose G Pynumootil

7. Who was recently appointed as the Director of Satish Dhawan Space Centre?
— P. Kunhikrishnan

8. Whom did Bangladesh recently confer "Friends of Bangladesh Liberation War Award”?
— Atal Bihari Vajpayee

9. Who was conferred with World No Tobacco Day Award 2015?
— Uttarakhand’s Health Minister SS Negi

10. Recently, Union Government formed a Committee to oversee 125th Bhim Jayanti celebrations. Who is the chairman of this committee?
— PM Narendra Modi

11. With which University did India recently sign a Biotechnology Fellowship Pact?
— Cambridge University

12. India recently signed an Agreement with __________ on developing coastal roads and metro lines in India.
— Netherlands

13. The Jal Kranti campaign was recently launched in which state?
— Rajasthan

14. Delhi Metro received its First Driver—Less Train from which country?
— South Korea

15. Who was recently appointed as PM's special envoy on counter—terror?
— Asif Ibrahim, Former IB Chief

16. During the visit of PM Narendra Modi to Bangladesh, India and Bangladesh launched two bus services. One of the bus services is Kolkata—Dhaka—Agartala and other is _________.
—  Dhaka—Shillong—Guwahati

17. Who was recently appointed as National Security Guard DG?
— R C Tayal

18. Dasaradhi Rangacharyulu who recently passed away was an eminent ____.
— Poet

19. Recently Muzaffarnagar of UP, Haryana's two districts were included in National Capital Region. One is Karnal, the other is _____.
— Jind

20. Indian Army carried out cross—border operation against militants in which country?
— Myanmar

21. Who was recently appointed as Director of CSIR—IICT?
— Dr. Srivari Chandrasekhar

22. India recently announced to hold First Joint Naval Exercise with which country?
— Australia

23. Who was recently appointed as the Secretary to Dept. of Administrative reforms?
— Devendra Chaudhary

24. Under who's chairmanship did the high level committee on railway restructuring submitted report to Union Ministry of Railways?
— Bibek Debroy

25. As per the report of Bibek Debroy Committee on Railway Restructuring what is/are the immediate recommendation?
— 1. Private entry in both passenger and freight operations.
2. Setting up an independent regulator
3. Separate policy making by the board from implementation and rationalization of railway zones.


26. The veteran politician Sheila Kaul, who recently passed away was Governor of Which Indian State?
— Himachal Pradesh

27. India with Australia and which other country held the first ever trilateral dialogue?
— Japan

28. Who was recently conferred with 2015 Sant Namdev National Award?
— Parkash Singh Badal




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Computer Knowledge Quiz for RBI Assistant 2015 - Set 3


Hello and welcome to ExamPundit. Here is a set of Computer Knowledge Quiz for RBI Assistant 2015. It can also be used for SBI PO Mains.


1. Which of the following translate high level language into machine code line by line ?
(a) Interpreter
(b) Compiler
(c) Assembler
(d) Scanner
(e) None of these


2. Which of the following protocol is used to log on to a remote machine ?
(a) MIME
(b) Telnet
(c) TCP / IP
(d) both A and B
(e) None of these


3. Which of the Data transmission is slower in speed ?
(a) Regular Transmission
(b) Pattern Transmission
(c) Serial Transmission
(d) Parallel Transmission
(e) None of these


4. The process of searching bugs in software is known as _____
(a) Debugging
(b) Multiprocessing
(c) Multiprogramming
(d) Compiling
(e) None of these


5. Which of the following is an example of presentation software ?
(a) LyX
(b) M. S. Power Point
(c) Soft maker
(d) Apple keynote
(e) All of the above


6. Software that has been released to a cross section of typical users for testing before the commercial release of the package is known as-
(a) B - Software
(b) α - Software
(c) β - Software
(d) Both 2 and 3
(e) None of these



7. Which type of files is created by word processing program?
(a) Document
(b) Batch file
(c) Compressed file
(d) Database
(e) None of these




8. "DFD" stands for ____
(a) Database for diagram
(b) Document file diagram
(c) Data flow diagram
(d) Data for document
(e) None of these


9. By default in a column, text often aligned ____
(a) Left
(b) Right
(c) Centre
(d) Top
(e) Bottom


10. Which of the following is used as a primary storage device?
(a) ROM
(b) EPROM
(c) RAM
(d) PROM
(e) None of these



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Reasoning Quiz for RBI Assistant 2015 - Set 5


Hello and welcome to ExamPundit. Here is a set of Reasoning Quiz for RBI Assistant 2015 and IBPS RRB 2015.


In a certain code "constitution of India is universal" is written as 'mi sa uin tu ea' 'amendment and the constitution' is written as 'ze ab ha uin', 'act is amendment' is written as 'ab sa qa' and 'the universal act done' is written as 'ha no tu qa' and 'India vision' is written as 'ea li'.


1. What is the code for 'of' ?
(a) mi
(b) sa
(c) uin
(d) tu
(e) ea


2. Which of the following does 'qa' stands for ?
(a) in
(b) act
(c) done
(d) amendment
(e) None of these


3. Which of the following is the code for 'Amendment of India' ?
(a) sa tu ab
(b) mi ab ea
(c) ha ab ea
(d) ea mi ze
(e) None of these


4. Which of the following is represented by the code 'uin tu no' ?
(a) Constitution is done
(b) India is universal
(c) The universal constitution
(d) Universal done constitution
(e) Can't be determined


5. Which of the following is the possible code for 'Galaxy and the universal' ?
(a) ha tu ab ze
(b) tu ab sa ze
(c) ze ha tu la
(d) la ra ha tu
(e) None of these





Solutions -
constitution of India is universal mi sa uin tu ea....... (i)
amendment and the constitution ze ab ha uin.......... (ii)
act is amendment ab sa qa................ (iii)
the universal act done ha no tu qa ............... (iv)
India vision ea li ............... (v)
from (i) and (ii) constitution uin ........... (vi)
from (i) and (iii) is sa ............ (vii)
from (ii) and (iii) amendment ab ........... (viii)
from (iii) and (iv) act qa ........... (ix)
from (ii) and (iv) the ha ........... (x) f
rom (ii) and (x) and ze ........... (xi)
from (i) and (iv) universal tu ........... (xii)
from (iv) and (xii) done no ........... (xiii)
from (i) and (v) India ea ........... (xiv)
from (i) and (xiv) of mi ........... (xv)
from (v) and (xiv) vision li ........... (xvi)





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IBPS Launches Online Grievance System


Hello and welcome to ExamPundit. IBPS has finally launched Online Grievance System which will help students to submit any grievance related to the exams.

In the notice they said:


All the candidates and constituents are hereby informed that IBPS has decided to launch online mechanism for lodging and redressal of grievance with effect from 1st July 2015 in connection with Common Recruitment Process undertaken by IBPS. If any candidate intends to register any grievance, he/she may click on the link under the heading “Candidate Grievance Lodging and Redressal Mechanism” on IBPS official website i.e. www.ibps.in . All replies on the grievances lodged shall be given at the registered email address within a reasonable time of registering the grievances. In view of the creation of online candidate grievance lodging and redressal mechanism on IBPS official website from 1.7.2015, no grievance lodged/made through other modes of communication with regard to Common Recruitment Process will be entertained.  

:: Click Here for the Notice ::



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Monday, June 29, 2015

Current Affairs Update – 29th June, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 29th June, 2015. These are Important for the upcoming SBI PO Mains 2015 and RBI Assistant 2015 Exams.


Finance/Banking –

HDFC Bank launches '30-min auto’, '15-min 2-wheeler’ loans


  • Country’s second largest private sector lender HDFC Bank on Monday launched ’30-min auto’ and ’15-min 2-wheeler’ loan schemes, for which customers have to provide only their biometric details.
  • “The 30-minute auto loan is available for HDFC Bank customers, as well as others. With this technology-enabled solution, loans for two-wheelers can also be approved within 15 minutes,” the Bank said in a release.
  • Any person willing to avail a loan can walk into an auto dealership or any other touch points of the bank and provide the Aadhaar card number and fingerprint, it said.
  • If eligible, based on the profile, the loan will then be approved with minimal documentation required from the customer within record time, it added.
  • The 30-minute auto loan and 15-minute two-wheeler loan is the latest initiative in HDFC Bank’s digital banking offering christened Go Digital.



GFH Financial Group signed pact with Adani Group for developing Mumbai Economic Zone

  • Bahrain-based GFH Financial Group on 28 June 2015 signed an agreement with Indian conglomerate Adani Group for developing a Mumbai Economic Development Zone (MEDZ).
  • Under the agreement, the GFH's unit Energy City Navi Mumbai (ECNM) and Adani Group will work together in creating the master plan for the lands of Phases II and III of the project, which will offer world class business infrastructure for local and international services including IT companies.
  • The financial group's two units ECNM and Mumbai IT and Telecom City (MITTC) are two core components of the Mumbai Economic Development Zone (MEDZ). While, Adani Group will develop core infrastructure on these lands and will also commence the pre-sales and construction works on the site.



India –

Tamil Nadu CM J Jayalalithaa launched first phase of Chennai Metro Rail Service


  • The first phase of Chennai Metro Rail service was on 29 June 2015 launched by Tamil Nadu Chief Minister J Jayalalithaa. The first phase of Metro service covers the 10-km elevated stretch. It connects Alandur in south Chennai to Koyabedu in the north.
  • The whole project is implemented by Chennai Metro Rail Limited (CMRL). The project was approved by then Congress-led UPA government in 2009.
  • With launching of this Metro service, Chennai became seventh city in India to have metro service including Delhi, Mumbai, Gurgaon, Bangalore, Kolkata and Jaipur.
  • The two corridors of Phase-1 of Chennai Metro Rail cost 16500 Cr. rupees to the state and will cover a 45-km stretch in the city.
  • Designed as half underground and the rest elevated, corridor 1 is between Washermanpet and the airport. While, corridor 2 is from Chennai Central to St Thomas Mount and is likely to be ready by the 2015 end.



After Maggi, Top Ramen withdrawn from Indian market


  • After Maggi controversy, Indo Nissin today announced withdrawal of its instant noodles brand ‘Top Ramen’ from the Indian market on orders from central food safety regulator FSSAI.
  • Earlier this month, Nestle had to recall Maggi noodles, while Hindustan Unilever also withdrew its Knorr instant noodles brand over safety and regulatory issues.
  • On June 8, FSSAI had come out with the advisory on product safety testing of all instant noodle products in India after lead beyond permissible limits in Maggi noodles along with taste enhancer Monosodium glutamate (MSG).



Yoga Made Compulsory for 10-Lakh Strong Central Forces

  • Daily yoga has now been made compulsory for the 10 lakh-strong central paramilitary forces as part of their physical drill.
  • A directive issued to the Central Armed Police Forces (CAPFs) by the Union Home Ministry said they should also ensure that Yoga is practised even at active duty areas like border posts and those in the Left Wing Extremism affected states of the country.
  • The CAPFs were directed to implement the Yoga drill on a "priority" and that an action taken report be also submitted.
  • The directive has been issued to the six CAPFs like Central Reserve Police Force, Border Security Force, Central Industrial Security Force, Indo-Tibetan Border Police Force, Sashastra Seema Bal, National Security Guard and the Assam Rifles which work under the command of the Union Home Ministry.


World –

50 countries signed Articles of Agreement for China-initiated Asian Infrastructure Investment Bank

  • Delegates of 50 countries on 29 June 2015 signed the 60-article agreement that will lay the legal framework for the China-initiated Asian Infrastructure Investment Bank (AIIB).
  • Australia was first to sign the agreement at the Great Hall of the People in the Chinese capital Beijing.
  • Out of the 57 founder-member countries, the remaining seven - Denmark, Kuwait, Malaysia, Philippines, Holland and South Africa and Thailand could not sign the agreement as it was not ratified by their respective domestic authorities.
  • The agreement outlined the financial share of each member, policymaking, business and operational systems and governance structure of the AIIB.


Member countries of AIIB
  • China, India, Russia, Britain, France, Australia, Germany, Luxembourg, Switzerland, Austria, Singapore, South Korea, Qatar, Oman, Pakistan, Bangladesh, Denmark, Kuwait, Malaysia, Philippines, Holland, South Africa, Thailand, Azerbaijan, Brunei, Cambodia, Egypt, Finland, Georgia, Iceland, Indonesia, Iran, Israel, Italy, Jordan, Kazakhstan, Kyrgyzstan, Laos, Maldives, Malta, Mongolia, Myanmar, Nepal, The Netherlands, New Zealand, Norway, Poland, Portugal, Saudi Arabia, Spain, Sri Lanka, Sweden, Tajikistan, Turkey, United Arab Emirates (UAE), Uzbekistan and Vietnam
  • The number of member countries in the bank is expected to increase to about 70, exceeding the 67-member ADB.



June 30 Will Have an Extra Second: NASA


  • June 30 this year will officially be a bit longer than usual because an extra second, or 'leap' second, will be added to the day, according to NASA.
  • A day lasts 86,400 seconds. That is the case, according to the time standard that people use in their daily lives - Coordinated Universal Time, or UTC.
  • UTC is "atomic time" - the duration of one second is based on extremely predictable electromagnetic transitions in atoms of cesium. These transitions are so reliable that the cesium clock is accurate to one second in 1,400,000 years.
  • However, the mean solar day - the average length of a day, based on how long it takes Earth to rotate - is about 86,400.002 seconds long.
  • That's because Earth's rotation is gradually slowing down a bit, due to a kind of braking force caused by the gravitational tug of war between Earth, the Moon and the Sun.
  • Scientists estimate that the mean solar day has not been 86,400 seconds long since the year 1820 or so.
  • This difference of 2 milliseconds, or two thousandths of a second - far less than the blink of an eye - hardly seems noticeable at first.



Sri Lanka’s President Maithripala Sirisena dissolved Parliament

  • Sri Lankan President, Maithripala Sirisena dissolved the Parliament on 26 June 2015. Sirisena signed a gazette notification dissolving parliament in an effort to consolidate power and push through political reforms.
  • Sirisena dissolved the parliament within 160 days after assuming his office in January 2015. This dissolution ends the term of the coalition government that was appointed for a period of 100-days after the presidential election. The date of dissolution was extended to implement Constitutional reforms.
  • To elect a new Parliament, elections will be held on 17 August 2015.



SpaceX Falcon-9 rocket broke apart in flames minutes after lifting off from Cape Canaveral

  • An unmanned American SpaceX rocket dubbed Falcon-9 broke apart in flames minutes after lifting off from Cape Canaveral in Florida on 28 June 2015. The accident occurred in only two and half minutes after the launch.
  • According to Elon Musk, SpaceX founder and chief, pressurization in the liquid-oxygen tank of the rocket was the main cause of the blast.
  • The rocket, which had 18 straight successes prior to this accident, was in the process of sending a cargo ship to the International Space Station (ISS). The rocket was heading to ISS to bring food and supplies, including a robotic Dragin cargo capsule.



Sports –

Ajinkya Rahane to lead squad for Zimbabwe tour


  • Ajinkya Rahane will lead a 15-man India squad for the Zimbabwe tour. Many senior players have been rested for the tour.
  • Veteran off-spinner Harbhajan Singh staged a comeback to the ODI squad after a gap of four years as a second-string team was today named for next month’s tour of Zimbabwe.
  • Batsman Robin Uthappa also made a return to the ODI side, while paceman Sandeep Sharma and leg-spinner Karn Sharma were included in the team to be captained by Rahane.
  • Opener Murali Vijay, Ambati Rayudu and Bhuvneshwar Kumar were among the senior players picked in the squad announced by BCCI Secretary Anurag Thakur after the selection committee meeting here.
  • Manoj Tiwary, who had been struggling with injuries for some time, has been recalled into the side largely benefitting from the absence of the senior players.



Vijender Turns Professional, Ends Amateur Career and Olympic Hopes


  • Olympic bronze-medallist Vijender Singh, the country's most celebrated boxer, today bid adieu to his amateur career by turning professional, ruling himself out of next year's Olympics as he no longer remains eligible to represent India.
  • The biggest name in Indian boxing by a mile after he became the first to bag an Olympic medal -- the 29-year-old today signed a multi-year agreement with Queensberry Promotions through IOS Sports and Entertainment, that will see the middleweight fight a minimum of six times in the first year.
  • Vijender's professional plunge means he would not be representing India at the Olympics and national coach Gurbax Singh Sandhu has said that it is bad news for the team overall.
  • The International Boxing Association (AIBA) rules on boxers joining professional leagues other than the ones promoted by AIBA clearly state that they become ineligible for amateur competitions.
  • One of India's most successful amateur boxers ever, Vijender was also the country's first to win a medal at the World Championships when he clinched a bronze in 2009.
  • He won a gold medal at the 2010 Asian Games besides silver medals at the 2006 and 2014 Commonwealth Games; a bronze at the 2006 Asian Games and the 2010 Commonwealth Games.
  • The 29-year-old from Haryana will now base himself in Manchester, England, under renowned trainer Lee Beard, who has previously worked with British boxing legend Ricky Hatton.



Gutta-Ponappa won women's doubles of Canada Open Badminton tournament 2015


  • Indian pair of Jwala Gutta and Ashwni Ponappa on 28 June 2015 won the women's doubles of Canada Open Badminton tournament 2015. In the final played at Calgary, the third seeded Indian pair defeated top Dutch pair of Eefje Muskens and Selena Piek in straight games of 21-19, 21-16.
  • This was first title of the 2015 season for Gutta and Ponappa.

Other Results
  1. Men’s Singles: Lee Chong Wei (Malaysia) defeated Ng Ka Long Angus (Hong Kong)
  2. Women’s singles: Michelle Li (Canada) defeated Kaori Imabeppu (Japan)
  3. Mixed Doubles: Li Junhui and Liu Yuchen (China) defeated Kaixiang Huang and Sijie Wang (China)



Books & Authors –

Transcendence: My Spiritual Experiences with Pramukh Swamiji written by Abdul Kalam


  • Book titled Transcendence: My Spiritual Experiences with Pramukh Swamiji authored by former President Dr APJ Abdul Kalam and Arun Tiwari was released on 15 June 2015.
  • In Transcendence, the authors Dr Kalam and Arun Tiwari have mapped a journey of self-realization reflected in the eyes of Pramukh Swamiji, painting a delightful fusion of spirituality, science and leadership. His candid vignettes (literature) from life on the centre stage of Indian technology and societal missions, Indian politics and world affairs are interwoven with revelations of a profound connection with Swamiji.



Dealing with China: An Insider Unmasks the New Economic Superpower by Henry M Paulson

  • Book titled Dealing with China: An Insider Unmasks the New Economic Superpower authored by Henry M. Paulson was released on 14 April 2015.
  • The book takes the reader behind closed doors to witness the creation and evolution and future of China’s state-controlled capitalism.


Awards & Honors –

President conferred Punyabhushan Award on Prataprao Pawar


  • President Pranab Mukharjee on 26 June 2015 conferred Punyabhushan Award on Prataprao Pawar, Chairman of Sakal Media Group (SMG) at Balgandharva Auditorium in Pune.
  • Pawar is the 27th recipient of the Punyabhushan award and his name was selected for the award by a committee led by scientist Raghunath Mashelkar.
  • The Punyabhushan (Pride of Pune) award constituted by Tridal, Pune is annually announced by the Punyabhushan Foundation on 23 March with a view to commemorate the memory of Indian revolutionary martyrs Bhagat Singh, Sukhdev, and Rajguru.


Obituaries –

               
Veteran Indian Journalist Ramashish Dies in Nepal

  • Veteran Indian journalist Ramashish today died of cardiac arrest in Kathmanmdu.
  • The 78-year-old Ramashish was admitted to a hospital here few days ago after he was hit by a bicycle near his house at Sitamarhi, Bihar and suffered injury on his back.
  • He died of cardiac arrest in Himal Hospital here in the Nepal's capital. He was also a heart patient, hospital sources said.
  • Ramashish has been serving in the field of media in Nepal for more than four decades and had been representing various Indian news organisations including the Hindustan Samachar and The Organiser.
  • He was also actively covering various democratic movements of Nepal from time to time.




Regards



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