Sunday, July 31, 2016

Exit Poll - SBI PO Mains 2016 - How much did you attempt?


Hello and welcome to exampundit . The reviews are same by everyone. So we are not touching that. Instead, we are giving an exit poll on the attempts in SBI PO MAINS 2016.




If you cannot see the above form, click here.


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Poll figures will be published tomorrow 5pm.






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Team ExamPundit

GA Questions Asked in SBI PO MAINS 2016


Hello and welcome to exampundit . Here are the General Awareness Questions Asked in SBI PO Mains 2016. A BIG THANKS TO RUCHI for SHARING.


  1. Lakhwar dam on which river - Yamuna River
  2. amazon tatkal initiative for which purpose - Small & Medium Business
  3. world bank forecast as per global economic prospects report
  4. India post payment bank entire equity to be shared by - Govt of India
  5. BSBDA account should not exceed what level of credit - One Lakh Rupees an year
  6. Madhavrao scindia stadium - Rajkot, Gujarat
  7. Rani Jhansi Marine National Park - Andaman & Nicobar Islands
  8. Ist mobile only bank - DBS Bank
  9. NACH launched by - Polaris Financial Technology
  10. Interest subvention by govt is what percent - 5 percent
  11. $500mn loan to Bihar for development of Ganges by which bank - ADB
  12. bmb going to be acquired by - SBI
  13. Maputo is capital city of - Mozambique
  14. FRBM committee headed by - N K Singh
  15. housing for all 2022 has target of covering how many rural areas - 20 million houses
  16. ease of business report published by - World Bank
  17. defence communication network where
  18. percentage of 'no literate person above d age of 25'
  19. which bank has it's HQ at chennai
  20. women economic forum held in which city - New Delhi
  21. Yakshagana dance - Karanataka
  22. state that topped in FDI - Gujarat
  23. committee on desirability of financial year
  24. aggregate foreign investment in universal bank (on tap licensing related ) - 74%
  25. platform launched by SBI for FB and twitter users - SBI Mingle
  26. Krishi Kalyan cess to be effective from
  27. FINO pay tech granted liscence for - Payment Bank
  28. talcher associate with which state
  29. world bank classifies india as - lower income gp economy
  30. Max loan for non farm units under PMMY
  31. which is not a money mkt instrument
  32. NATO summit - Warsaw, Poland


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Team ExamPundit

Share your exam review - SBI PO Mains 2016


Hello and welcome to exampundit . Share your exam review of SBI PO Mains 2016.

How was the Quantitative Aptitude
How was  Reasoning?
How was English?
How much did you attempt?
Share the General Awareness Questions


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Team ExamPundit

Saturday, July 30, 2016

Last Minute Discussions - SBI PO Mains 2016


Hello and welcome to exampundit . So tomorrow is the big day. We will be discussing last minute doubts the entire day today.

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Rules for Discussion Page:
1) NO LINK SHARING
2) Don't share stories
3) No Caste/Cut-off based fights


4) Everyone here is hoping to have a peaceful job to settle his/her career, so HELP EACH OTHER rather than Motivating.
5) Respect the mentors (the fighter, S Dixit, Gaurav, Optimus Prime, Bahubali)

Every comment is monitored. So no personal attacks.




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Team ExamPundit

Friday, July 29, 2016

Current Affairs Update – 29th July, 2016

Hello and welcome to exampundit . Here are the important Current Affairs for 29th July, 2016. These are important for the upcoming RBI Grade B Phase I Exam 2016.


Current Affairs at a Glance – 29th July, 2016
  1. Union Government on 28 July 2016 announced the formation of District Development Coordination and Monitoring Committee (DDCMC) that will be known as ‘Disha’. First meeting of Disha will be held on 13 August 2016.
  2. Madras Crocodile Bank Trust and Centre for Herpetology came in news in fourth week of July 2016. It came in news because it is celebrating its 40 years of opening its gate for the public.
  3. T Nanda Kumar resigned from the post of Chairman of the National Dairy Development Board (NDDB). Kumar had submitted his resignation on 29 June 2016.
  4. International Tiger Day was observed on 29 July 2016. The day is held annually on 29th July to give worldwide attention to the reservation of tigers.
  5. The Union Ministry of Earth Sciences (MoES) in the last week of July 2016 announced that India Meteorological Department (IMD) will use supercomputer to forecast India’s annual summer monsoon.
  6. American author James Alan McPherson passed away on 27 July 2016 in Iowa City, U.S.
  7. Tabla maestro Pandit Lacchu Maharaj passed away on 28 July 2016 in Varanasi, Uttar Pradesh.



Banking/Finance/Industry –

Union Government forms 'Disha' for timely implementation of Central Schemes


  • Union Government on 28 July 2016 announced the formation of District Development Coordination and Monitoring Committee (DDCMC) that will be known as ‘Disha’. First meeting of Disha will be held on 13 August 2016.
  • Disha was created for effective development and coordination of Central Government's programme, whether it is for infrastructure development or Social and human resource development.
  • It will monitor the implementation of 28 schemes and programmes of Ministry of Rural Development and other Ministries to promote synergy and convergence for greater impact.


India –

IMD to use supercomputer to forecast monsoon with Dynamical Model


  • The Union Ministry of Earth Sciences (MoES) in the last week of July 2016 announced that India Meteorological Department (IMD) will use supercomputer to forecast India’s annual summer monsoon.
  • The forecast made by a supercomputer will be based on a dynamical monsoon model. It will be operational from 2017.
  • The Indian Institute of Tropical Meteorology (IITM), Pune, has been using this model on an experimental basis for around 10 years to assist IMD’s annual monsoon forecasts.


Madras Crocodile Bank Trust opens for public


  • Madras Crocodile Bank Trust and Centre for Herpetology came in news in fourth week of July 2016. It came in news because it is celebrating its 40 years of opening its gate for the public.
  • It is a non government environmental organization and was founded in 1976 by Romulus Whitaker.
  • The Croc Bank currently consists of a large reptile park near Chennai, Southern India and several field projects located throughout the subcontinent reaching as far afield as the Nicobar Islands.


T Nanda Kumar resigns as Chairman of National Dairy Development Board

  • T Nanda Kumar resigned from the post of Chairman of the National Dairy Development Board (NDDB). Kumar had submitted his resignation on 29 June 2016.
  • Kumar’s resignation was accepted by the Appointments Committee of Cabinet on 27 July 2016.
  • Kumar, who had a five-year term ending in 2019, will be relieved on 1 August 2016.


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Days –

International Tiger Day observed

  • International Tiger Day was observed on 29 July 2016. The day is held annually on 29th July to give worldwide attention to the reservation of tigers.
  • The goal of the day is to promote a global system for protecting the natural habitats of tigers and to raise public awareness and support for tiger conservation issues.
  • It was founded in 2010 at the St. Petersburg Tiger Summit, with the aim to double the big cat population by 2022.


Obituaries –

James Alan McPherson, first black writer to win Pulitzer Prize in fiction, dies

  • American author James Alan McPherson passed away on 27 July 2016 in Iowa City, U.S. He was 72.
  • McPherson was the first black author to receive the Pulitzer Prize for fiction in 1978.
  • In 1978, he won the Pulitzer Prize for fiction for his short story collection Elbow Room, becoming the first African-American to win the Pulitzer for fiction.


Veteran tabla maestro Pandit Lacchu Maharaj dies

  • Tabla maestro Pandit Lacchu Maharaj passed away on 28 July 2016 in Varanasi, Uttar Pradesh. He was 72.
  • Lacchu Maharaj has been described as one of the frontline tabla players in the world.








Regards



Team ExamPundit

Banking & Financial Awareness Quiz for SBI PO 2016 - Set 5



Hello and welcome to exampundit . Here is a set of Banking & Financial Awareness Quiz for upcoming  SBI PO Mains 2016.


1. National Institute of Bank Management is the Institution meant for
1) recruitment of bank employees at all levels
2) providing management personnel to the banks
3) training of bank employees in banking
4) providing consultancy of best practices in bank management
5) All those given as options





2. A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of interest) is called
1) Preference Bond
2) Zero Coupon Bond
3) Convertible Bond
4) Perpetual Bond
5) Sovereign Bond





3. A cheque bearing the date earlier than the date of submission to the bank is known as
1) Bearer Cheque
2) Stale Cheque
3) Crossed Cheque
4) Post-Dated Cheque
5) Ante-Dated Cheque





4.The term “moral suasion” refers to which one of the following?
(a) The moral duty of the borrowers to deal with only one bank
(b) The banker’s duty of secrecy as regards the affairs and account of his customers.
(c) The advice given by the RBI to the banks/financial institutions in the matter of their lending and others operations with the objective that they might implement or follow it.
(d) All of the above
(e) None of these

 



5. A Credit Guarantee Trust Fund has been set up for guaranteeing collateral-free credit facilities by lending to small-scale industries. This fund is being managed by which of the following institutions?
1) IDBI
2) NABARD
3) SBI
4) SIDBI
5) RBI



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6. Which of the following is NOT a category of NBFCs?
1) Infrastructure Finance Company
2) Loan Company
3) Investment Company
4) Asset Finance Company
5) None of these





7. When a customer draws a cheque on a bank
1) it is a mandate on that bank to pay.
2) it is a mandate on the Government of India to pay.
3) it is a mandate on the State Government to pay.
4) it is a mandate on the RBI to pay.
5) it is a mandate on the Finance Ministry to pay.





8. ‘Nomination’ for a deposit account in the bank means
1) mandate given by the close relative/s of the depositor to settle the death claim in case of death of the depositor.
2) mandate decided by the bank to settle the death claim of its depositor.
3) mandate of the depositor in favour of one or more persons to claim the amount on death of the depositor.
4) mandate of the depositor in favour of a close relative who can claim the amount on death of the depositor.
5) court order instructing the banks to settle the death claim of its depositor.





9. In which of the following accounts is operation by cheques permitted?
1) Savings bank accounts and fixed deposit accounts
2) Current accounts and fixed deposit accounts
3) Savings bank accounts and floating loan accounts
4) Savings bank accounts and cash accounts
5) Savings bank accounts and current accounts





10. A mortgage is a security created on
1) movable property for a loan given by a bank.
2) immovable property for a deposit received by a bank.
3) a confirmation of immovable property given by a bank.
4) movable property for a deposit given by a bank.
5) immovable property for a loan given by a bank.





Regards



Team ExamPundit

English Quiz based on Error Correction for SBI PO Mains and RBI Grade B 2016

Hello and welcome to exampundit .Here is a set of English Quiz based on Error Correction for SBI PO Mains and RBI Grade B 2016.


Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. The number of that part is the answer. If there is no error, the answer is (e). (Ignore errors of punctuation, if any)

1. As you know (a)/ by my visiting ' card (b)/ I am now (c)/ in Mumbai (d)/ No error (e).







Solutions -No error 


2. With a fresh coat (a)/of paint (b)/ the school can (c)/ look much nice (d)/ No error (e)







Solutions - 'Look much nice' should be replaced with 'look very nice'.It should should be noted that very is  used to modify Adjectives and past participles used as Adjectives.
For example,
 I am very hungry. (Adjective)
 I am very interested in music.
                  ↓
            Past Participle
 


3. I asked the salesman (a)/ If I could exchange (b)/ the faulty camera (c)/with another one (d)/ No error (e)







Solutions - Another' is an indefinite determiner which means an additional person or thing. The use of 'one' after it is superfluous.


4. It took me (a)/almost a hour (b)/ to fill the (c)/ application form (d)/ No error (e)







Solutions -  'Almost a hour' should be replaced with 'almost an hour' because 'h' of hour is Pronounced with vowel-sound.
 For example, Ram is a honest man. (x)
                                        ↓
                            Vowel sound
                   Ram is an honest man. (✓)
                                    ↓
                         Vowel sound



5. She insists! (a) / you stay (b) / until her husband (c)/ comes home (d)/ No error (e)







Solutions - 'You stay' should be replaced with "you on staying', because 'insist is always followed by preposition 'on'. For example, She will insist on getting up early and playing her radio very loud


6. I don't understand (a)/how she could (b)/ treat him (c)/ so bad (d)/ No error (e)







Solutions -'So bad' should be replaced with 'so badly'. Bad is an adjective and its Adverbial form is badly.
 For example,
The accident damaged his car bad.(x)
          ↓           ↓
        Verb   Adjective
The accident damaged his car badly.(✓)
          ↓            ↓
         Verb        Adverb 




7. At any arrival (a)/ in Delhi (b)/ I went straight (c) / to the nearest 'hospital. (d)/ No error (e)





Solutions - As soon as I  Arrived




8. It is more better (a)/ if one of the parents (b) / stays at home (c) / to look after the children (d)/ No error (e)








Solutions - 'It is more better' should be replaced with 'it is better'. The use of double comparatives is wrong. For example.
He is more better than Ram. (x)
He is better than Ram. (✓)
He is much better than Ram. (✓)




9. These reports have (a)/deterred some (b)/ women to have (c)/ the operation (d) / No error (e)








Solutions - The word 'deter' is followed by preposition 'from'. Therefore, 'women from having' is the correct use.
For example,
What is the best way to deter young people from taking up smoking ? 




10. I answered (a)/ the questions (b) / as best as (c)/ I could (d)/ No error/ (e)






Solutions - 'As best as' should be replaced with 'as best'. The idiom 'as best one can' means not perfectly but as well as one is able to. For example, the facilities were not ideal but we managed as best we could. 



Regards



Team ExamPundit


LIVE Q&A - General Awareness - SBI PO MAINS



Hello and welcome to exampundit . In today's Live Q&A, we will learn all the important questions and doubts regarding SBI PO MAINS 2016 General Awareness. Stick to the topic, else your comments, will be DELETED.


Those who are new and will participate for the first time,
  1. Do not share links
  2. Make sure when you are putting space in your comments, because if you don't give space, it will turn into a link and go to moderation section
  3. Do not CHAT on irrelevant topics
  4. STICK TO THE MENTIONED TOPIC i.e. May - July 21 Current Affairs + Banking Awareness
  5. Help Each other
  6. If you have any tricks, share with everyone


We expect a healthy & positive discussion.


READ CAREFULLY -

QUESTIONS WILL BE ASKED BY THE MENTOR(S) Mainly.

You may ask, but make sure
a) They are from May to July 21 CA
b) The questions are not incomplete
c) 1 question / 3 minutes - Anything earlier than that will be deleted.

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The LIVE Q&A will be on till 1.30pm.



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Team ExamPundit

2 Years of Exampundit.in


Hello and welcome to exampunditFirstly, thank you and love you all for suggesting, believing and being a part of exampundit.in. Now if you have 5 minutes, please read the article, you will not regret.

Exactly 2 years ago I posted 3 articles and launched exampundit.in for all. At first, I received a lot of criticism from random strangers. During the first 2 months, I really felt bad. I felt like EP will never going to work out. So much of criticism, so less faith.

There was a time when I used to post 5-6 articles every “WEEK”. There were no regular updates of anything. Not even current affairs were regular.

However, during October, 2014 I started posting on a regular basis even if nobody was active or commenting. The month visitors were so less, that a kid could have easily calculated.

What was wrong? What went wrong at first? Was I not capable?

Well, I am just a regular graduate from Calcutta University in Bachelor of Commerce and honestly, I had no idea about the govt exam sector till February, 2014. So when I created, I was not fully aware or prepared to guide everyone.

I have been blogging since 2008(yes, 8 years of blogging). I had plenty of blogs/sites on cooking, entertainment etc. But that really did not help me 1% in exampundit.

So I myself started learning everything to help the aspirants. From reasoning to quantitative, from GA to Computer. There were some nights when I stayed awake till 3 AM, trying to figure out strategies which will help the aspirants.

Somehow, I started helping, I started posting. Then came the Insurance Exams in January, 2015 when exampundit was finally noticed by many aspirants.

That time I had to make a team to provide proper materials and help everyone. So we started monetizing and started to provide more and more. By the end of April, 2015, there active members like Silent, RK, Dreamer, Sam, Megha, Dixit(yeah she is that old in EP), Sweta, FedEx, Optimus Prime(He is old too), Sayan, Wall-E, Shree and many many more.

Somehow exampundit.in managed to overcome every problem. Somehow, we are still helping you and PROMISE to Help You In the Future.

The point of this article is to tell you, every one of you that NEVER GIVE UP. NO MATTER HOW HARD THE CIRCUMSTANCES ARE.

I am not a so-called “teacher” who teaches in some “center” yet have the knowledge and help you all. So why do you want to give up after 2-3 unsuccessful exams?

You are a champ. If you have dreamt for it. GO FOR IT. No matter who says what, no matter how many times you have to fall down. Get Up and Get it!

Trust me, you can achieve it. Everyone of you inspire Me to WORK MORE and HELP MORE. Because each and everyone of you is a CHAMP. If not today, tomorrow you are going to shine!!



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Anubhab!

Ask The Mentor - 2nd Birthday of EP


Hello and welcome to exampundit . So we complete 2 years of exampundit.in today and we would like to thank each and every one of you!!


Without you, it would not have been possible.


So lets continue this good work!


If you have any query regarding our Materials, Exam preparation Tip or any Unresolved Problems(which are not copied from other portals), just drop it in the comment box.




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In case you have answers for someone else's query, please resolve it asap.

  1. Mentor from Aspirants: Nisha Gautam [ABSENT]
  2. Mentor from exampundit [SSC] - S Dixit
  3. Mentor from exampunditAnubhab
  4. Mentor from Aspirants: the fighter[NEW]
  5. Mentor from Aspirants: Baahubali
  6. Mentor from Aspirants [SSC} - Gaurav Monga
  7. Mentor from Aspirants - Optimus Prime

Rules for Ask The Mentor Page (In short ATM Page):
1) The first one to Comment Good Morning, he/she shall be replied with a greeting. No need to post new comments as Good Morning.
2) If you want to share something,
↳ a) if it is not lengthy, post there in ATM Page
     ↳ i) Make sure it is not a quote or story
b) if it is a long passage, mail us at exampundit@gmail.com
3) If there are no results coming up(major ones), no need to share quotes and increase comments. How you help, is what really matters not how many quotes you are sharing
4) You can Chat in ATM Page only if you
   ↳(a) Help everyone in the page
      (b) Participate in Quiz on a Regular Basis
      (c) Contribute by providing helpful materials
5) Everyone here is hoping to have a peaceful job to settle his/her career, so HELP EACH OTHER rather than Motivating.




If you want to share anything with us, kindly shoot an email to exampundit@gmail.com




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Thursday, July 28, 2016

Current Affairs Update – 28th July, 2016

Hello and welcome to exampundit . Here are the important Current Affairs for 28th July, 2016. These are important for the upcoming RBI Grade B Phase I Exam 2016.


Current Affairs at a Glance – 28th July, 2016
  1. India's largest insurer Life Insurance Corporation of India (LIC) has signed an agreement with private sector lender Axis Bank as its bancassurance partner wherein the bank will distribute LIC's products to its customers.
  2. India on 27 July 2016 signed a one-billion dollar deal with the US defence and aerospace major Boeing for procuring four long-range maritime surveillance and anti-submarine warfare aircraft, Poseidon-8I. First of the four new P-8I aircraft will be delivered in 50 months.
  3. The International Cricket Council (ICC) on 27 July 2016 announced that Muttiah Muralitharan, Karen Rolton, Arthur Morris and George Lohmann will be inducted into the ICC Cricket Hall of Fame.
  4. The European Union’s executive on 27 July 2016 appointed Michel Barnier, former French Financial Services Commissioner, as its Chief Negotiator for the United Kingdom’s exit from the bloc.
  5. The Union Cabinet on 27 July 2016 cleared changes to the Goods and Services Tax (GST) Constitutional Amendment Bill. The changes include dropping 1 percent manufacturing tax and providing guarantee to compensate states for any revenue loss in the first five years of rollout of the proposed indirect tax regime.
  6. As per the report published by US Geological Survey on 19 July 2016, Joint expedition titled Indian National Gas Hydrate Program Expedition 02 by India and the United States (US) have resulted in the discovery of large, highly enriched accumulations of natural gas hydrate (an icy form of the fuel) in Bay of Bengal, Indian Ocean.
  7. The Union Cabinet on 27 July 2016 approved the Policy for awarding waterfront and associated land to port dependent industries in major ports along with its operationalization.
  8. World Hepatitis Day 2016 was observed across the world on 28 July 2016 with the theme Elimination.
  9. C.K. Mishra, a 1983 batch IAS officer of the Bihar cadre, has been appointed the new Health Secretary, an official statement said.
  10. Eminent author and social activist Mahasweta Devi, whose writings focused on the marginalised communities in the country and served as the voice of the oppressed, died here today after a multi-organ failure.




Finance/Industry/Banking –

LIC signs up Axis Bank as bancassurance partner


  • India's largest insurer Life Insurance Corporation of India (LIC) has signed an agreement with private sector lender Axis Bank as its bancassurance partner wherein the bank will distribute LIC's products to its customers.
  • In the preliminary phase, the bank will distribute LIC’s life insurance products across its branches in West Bengal, Bangalore and Haryana – Panchkula. Additionally, the bank will also provide post sales services such as premium collection and renewal of policies.
  • In a statement, LIC said that this is one of the largest bancassurance partnerships after the recent Insurance Regulatory and Development Authority of India (IRDAI) regulations issued on open architecture framework for banks.  As on June 30, 2016, Axis Bank had a network of 3,006 domestic branches and extension counters situated in 1,882 centres.

Union Cabinet clears changes to GST Bill, drops 1% additional tax on inter-state sales


  • The Union Cabinet on 27 July 2016 cleared changes to the Goods and Services Tax (GST) Constitutional Amendment Bill.
  • The changes include dropping 1 percent manufacturing tax and providing guarantee to compensate states for any revenue loss in the first five years of rollout of the proposed indirect tax regime.
  • It decided that any dispute between states and the Centre will be adjudicated by the GST Council, which will have representation from both the Centre and states.
  • The existing bill provides that the centre will give 100 percent compensation to states for first three years, 75 per cent and 50 per cent for the next two years.

Lok Sabha passes Benami Transactions (Prohibition) Amendment Bill, 2015


  • Lok Sabha on 27 July 2016 passed the Benami Transactions (Prohibition) Amendment Bill, 2015. The Bill seeks to amend the Benami Transactions Act, 1988.
  • The bill prohibits benami transactions and provides for confiscating benami properties.
Objective

  • Amend the definition of benami transactions
  • Establish adjudicating authorities and an Appellate Tribunal to deal with benami transactions
  • Specify the penalty for entering into benami transactions.
Definition

  • It expands the definition of benami transaction by including following
  • Transaction is made in a fictitious name
  • Owner is not aware of and denies knowledge of the ownership of the property
  • Person providing the consideration for the property is not traceable
  • Earlier, it defined benami transaction as a transaction where a property is held by or transferred to a person, but has been provided for or paid by another person.

India, US discover major Natural Gas Reserve in Indian Ocean


  • As per the report published by US Geological Survey on 19 July 2016, Joint expedition titled Indian National Gas Hydrate Program Expedition 02 by India and the United States (US) have resulted in the discovery of large, highly enriched accumulations of natural gas hydrate (an icy form of the fuel) in Bay of Bengal, Indian Ocean.
  • The international team of scientists was led by the Oil and Natural Gas Corporation Limited of India in cooperation with the US Geological Survey (USGS), the Japanese Drilling Company, and the Japan Agency for Marine-Earth Science and Technology.
  • This is the first discovery of its kind in the Indian Ocean that has the potential to be producible.
Findings of the Expedition

  • The Indian National Gas Hydrate Program Expedition 02 is the second joint exploration for gas hydrate potential in the Indian Ocean.
  • It focused on the exploration and discovery of highly concentrated gas hydrate occurrences in sand reservoirs.

Policy for awarding Waterfront and associated lands in major ports approved


  • The Union Cabinet on 27 July 2016 approved the Policy for awarding waterfront and associated land to port dependent industries in major ports along with its operationalization.
  • The Policy will result in uniformity and transparency in the procedure for awarding captive facilities. It will enable optimal utilization of capacities in major ports and increase revenue to the Major Port Authority.
Highlights of the Policy

  • The ambit of the Policy includes creation of new assets as well as utilization of currently unutilised existing assets such as vacant berths. The Policy will be applicable to all the Major Ports.
  • Under the Policy, concession will be granted to Port Dependent Industries (PDI) for setting up dedicated facilities in Major Ports for import and export of cargo for maximum 30 years.
  • Extension of concession period on conditions including under utilization of asset as per the Concession Agreement may be allowed.
  • After a maximum of 30 years of operation, the waterfront land in a Major Port will be allotted for construction of berths, offshore anchorages, transhipment jetties, single point moorings etc.

India –

India signs $1 billion deal with US for procuring four Poseidon-8I aircraft


  • India on 27 July 2016 signed a one-billion dollar deal with the US defence and aerospace major Boeing for procuring four long-range maritime surveillance and anti-submarine warfare aircraft, Poseidon-8I. First of the four new P-8I aircraft will be delivered in 50 months.
  • Incidentally, India is P-8I's first international customer and was also Boeing's first military sale to India.
  • The contract was inked during the on-going visit of the US under secretary for defence on Acquisition Frank Kendall.
  • The contract is a follow-on order to eight P-81 planes worth 2.1 billion dollars deal inked in 2009, already bought by India in a direct deal with the firm. These aircrafts were inducted by the Navy between May 2013 and October 2015.

Union Cabinet approves setting up of AIIMS in Bhatinda


  • The Union Cabinet on 27 July 2016 approved the establishment of a All India Institute Of Medical Science (AIIMS) at Bhatinda in Punjab under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY).
  • It will provide super specialty health care to the population while creating a large pool of doctors and other health workers in this region that can be available for primary and secondary level institutions/facilities being created under National Health Mission (NHM).
Highlights of the AIIMS in Bhatinda

  • The cost of the project for establishment of the AIIMS in Bhatinda shall be 925 crore rupees.
  • This cost estimate does not include recurring costs (wages & salaries and operation & maintenance expenses).
  • The recurring expenditure will be met by the respective AIIMS from their annual budgets through Grant-in-Aid to them from Plan Budget Head of PMSSY of Union Ministry of Health and Family Welfare.

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Sports –

Muralitharan, Lohmann, Morris and Rolton to be inducted into Cricket Hall of Fame


  • The International Cricket Council (ICC) on 27 July 2016 announced that Muttiah Muralitharan, Karen Rolton, Arthur Morris and George Lohmann will be inducted into the ICC Cricket Hall of Fame.
  • With the announcement, off-spinner Muralitharan becomes the first Sri Lankan player to be inducted into the Hall of Fame.
  • The four cricketers were voted by the ICC Cricket Hall of Famers as well as members of the media. They will be presented with commemorative caps honouring their contribution to the game to mark their induction.

IOC to launch Olympic Channel on August 21


  • The International Olympic Committee (IOC) on 27 July 2016 announced that it will launch the Olympic Channel. The channel will be launched on 21 August 2016, at the closing ceremony of the Olympic Games Rio 2016.
  • The channels original programming will include short-form and long-form content, focusing on elite athletes, their quest for success and sport around the world.

Appointments –

European Commission appoints Michel Barnier as Chief Brexit Negotiator


  • The European Union’s executive on 27 July 2016 appointed Michel Barnier, former French Financial Services Commissioner, as its Chief Negotiator for the United Kingdom’s exit from the bloc.
  • Barnier will be a prominent figure in the negotiations over Britain’s exit from the union.
  • In June 2016, Didier Seeuws, a Belgian diplomat, was appointed as head of a Brexit task force by the European Council.

C.K. Mishra appointed new Health Secretary


  • C.K. Mishra, a 1983 batch IAS officer of the Bihar cadre, has been appointed the new Health Secretary, an official statement said.
  • Mishra will replace B.P. Sharma, a 1981 batch IAS officer of the Bihar cadre, who has been appointed secretary, Department of Personnel and Training (DoPT).
  • N.S. Kang, a 1983 batch IAS officer of the Punjab cadre, associated with the National AIDS Control Organisation (NACO) as additional secretary, has been made Secretary and Director General of the organisation after upgradation of his post.

Days –

World Hepatitis Day 2016 observed with theme Elimination


  • World Hepatitis Day 2016 was observed across the world on 28 July 2016 with the theme Elimination.
  • The day acts as a significant global platform for raising awareness about hepatitis and influence real change in disease prevention, testing and treatment.
  • The theme for the 2016 focuses on elimination of hepatitis as a public health threat by 2030. The theme can be easily adapted for local use to achieve elimination, greater awareness, increased diagnosis and key interventions including universal vaccination, blood and injection safety etc.

Obituaries –

Father of Hybrid Sorghum Neelamraju Ganga Prasada Rao passes away


  • Distinguished agricultural scientist Neelamraju Ganga Prasada (NGP) Rao, fondly referred to as the Father of Hybrid Sorghum, passed away on 27 July 2016 in Hyderabad following a brief illness. He was 89.
  • NGP Rao is well-known for basic and applied research in breeding and agronomy of several dryland crops.

Writer Mahasweta Devi passes away at 91

  • Eminent author and social activist Mahasweta Devi, whose writings focused on the marginalised communities in the country and served as the voice of the oppressed, died here today after a multi-organ failure. She was 91.
  • Awarded the Sahitya Akademi and Jnanpith awards for literary excellence, Devi helped tribals and the rural dispossessed in organising themselves in groups so that they could take up development activities in their own areas.
  • She founded several grassroot level societies for the welfare of tribals.









Regards



Team ExamPundit

General Awareness Checklist for SBI PO Mains 2016


Hello and welcome to exampundit . Here is the General Awareness Checklist for SBI PO Mains 2016. This list is provided to you so that you don't miss out anything before the major exam.



Topics
Financial Current Affairs from April 29 to July 21st
Newly launched app/schemes/products/TECHNOLOGIES by both Banks & Insurance Cos
New tie ups between banks/insurance cos and Start Ups or other companies
Recent Appointments from Jun 15 till July 21
Basic Banking Terms & Products
Palaces & Forts in India

Various Schemes launched by Indian States & Central, their Outlay(if any), timeline and launched by whom
Defence News & Satellite Launches during
India’s Rank in Various Indexes & Reports
Name of the organisations who recently released reports & their HQs
Name of Powerplants in News during April to July 21
State Capitals, Symbols, Major Rivers in the states
Important Days from May 1 to September 15
Books & Authors in recent times (Includes those books which received awards)
Sports person in news during June 1 to July 21 – If any major title win, IPL winner/man of the match /player of the tournament and Olympics news
Various Acronyms in news during May – July 21 – Financial & Non-Financial both
GDP prediction by CSO, RBI & Major Institutes i.e. IMF/World Bank
Capitals & Currencies – Especially the countries in news
Recent MoUs, Acquisitions by Companies
Newly appointed CMs and MoS(major ones) and their Constituency
Googling the common terms/schemes/institutes and check their news between April 15 – July 21

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How to Google?
  • Go to google.com
  • Search the term, eg. “Indradhanush”
  • Now click on the NEWS tab
  • Then click SEARCH TOOLS in the right
  • Select RECENT and then CUSTOM RANGE




All the best!




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Team ExamPundit