Monday, October 31, 2016

Ask The Mentor - 31 October, 2016





Hello and welcome to exampundit . Here is the Daily Page where you can ask any question related to your Exam, Materials, Career or anything.

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.

Active Mentors:
  1. Mentor from exampundit [SSC] - S Dixit - For any EP Related or Edkraft
  2. Mentor from exampunditAnubhab
  3. Mentor from exampundit[SSC] Gaurav Monga - Explains in Details
  4. Mentor from Aspirants: ℛUÇℋ¶ [NEW] - Explains in Details
  5. Mentor from Aspirants: the fighter - Reasoning & Puzzle Master
  6. Mentor from Aspirants: Ketan - General Awareness & Exam Strategist
  7. Mentor from Aspirants: raven92 - Explains in Details
  8. Mentor from Aspirants: Chitrarth - Explains in Details
  9. Mentor from Aspirants: Bahubali - Explains in Details and Mind Tricks
Inactive Mentors:(Not regularly active on the site)

  1. Nisha Gautam
  2. Optimus Prime



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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.


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








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Team ExamPundit

Thursday, October 27, 2016

Current Affairs Update – 27th October, 2016

Hello and welcome to exampundit . Here are the important Current Affairs of 27th October, 2016. These are important for the upcoming IBPS PO Mains, IBPS Clerk Mains, IBPS RRB OA & OS-I Mains and NICL AO & IPPB PO 2016 Exams.



Current Affairs at a Glance – 27th October, 2016
  1. India has allowed start-ups to raise up to $3 million each in a fiscal year via the external commercial borrowings (ECB) route, the country's central bank said in a statement on Thursday.
  2. India and New Zealand on 26 October 2016 signed three agreements in the areas of double taxation avoidance, food security and sports.
  3. Hewlett Packard Enterprise (HPE) India on Thursday joined hands with Intel to launch a Centre of Excellence (CoE) that would help demonstrate High Performance Computing (HPC) as a service for customers.
  4. Global computer services major IBM on Thursday it has signed a deal to acquire Bengaluru-based cloud recovery and migration software company Sanovi for an undisclosed sum.
  5. State-run trading firm MMTC has tied up with seven banks, including ICICI and HDFC Bank, to sell government minted 'Indian Gold Coin' in order to cash in on the Dhanteras buying rush.
  6. OCARE, India's first independent Insurance Process as a Service (IPAAS) platform, launched its dental insurance product on Thursday in India. A group insurance product, it offers a sum assured of Rs 25,000.
  7. The one-man judicial committee on One Rank One Pension (OROP) submitted its report to the Defence Minister Manohar Parrikar, on 26 October 2016. The committee was appointed under the Chairmanship of Justice L Narasimha Reddy, retired Chief Justice of Patna High Court to look into the anomalies, if any, arising out of implementation of OROP.
  8. India and South Korea on 26 October 2016 signed a revised Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
  9. The Union Agricultural Ministry on 26 October 2016 constituted a High-Level Committee to monitor the bird flu situation and help state governments take steps to contain the disease. The Committee will be headed by Munialappa, Joint Commissioner in the Department of Animal Husbandry, Dairy and Fisheries (DADF).
  10. Senior IPS officer Karnal Singh on 26 October 2016 was appointed the Director of Enforcement Directorate (ED).
  11. Doordarshan DG Supriya Sahu has been appointed as the new Vice President of the Asia-Pacific Broadcasting Union.
  12. Borje Ekholm was on 26 October 2016 appointed as the President and Chief Executive Officer (CEO) of Ericsson, Swedish communication technology firm, with effect from 16 January 2017
  13. World Economic Forum (WEF) on 25 October 2016 released the Global Gender Gap Report 2016. The 2016 report provides Gender Gap scores for 144 countries compared to 145 countries included in 2015 report. Out of the 144 countries surveyed, while Iceland topped the Gender Gap Index for the eighth consecutive year in a row, India stood at 87th position, from the 108th position in 2015.
  14. World Day for Audiovisual Heritage was observed across the world on 27 October 2016



Finance/Banking/Industry –

India allows start-ups to raise up to $3 million each via external commercial borrowing


  • India has allowed start-ups to raise up to $3 million each in a fiscal year via the external commercial borrowings (ECB) route, the country's central bank said in a statement on Thursday.
  • Overseas branches or subsidiaries of Indian banks will not be allowed to lend to start-ups via the ECB framework, the Reserve Bank of India statement (RBI) said.
  • The RBI did not specify the maximum cost at which start-ups can raise money via ECB and said it will be mutually agreed between the borrower and the lender.
  • Typically, the central bank specifies the maximum cost for financial institutions to raise money via ECB.

India, New Zealand sign three pacts including avoidance of double taxation


  • India and New Zealand on 26 October 2016 signed three agreements in the areas of double taxation avoidance, food security and sports.
  • The agreements were inked in New Delhi in presence of New Zealand Prime Minister John Key and Prime Minister Narendra Modi. John Key was on a three-day (25 October to 27 October 2016) visit to India.
List of agreements inked were

  1. Arrangement regarding Food Safety Cooperation: It was inked between the Food Safety and Standards Authority of India and the Ministry for Primary Industries of New Zealand.
  2. MoU for cooperation in the field of Youth Affairs and Sports: It was inked between Union Ministry of Youth Affairs and Sports and Sport New Zealand of the Government of New Zealand.
  3. Third Protocol to the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income: It was inked between the Union Government and the Government of New Zealand.

  • Apart from this, the two nations also agreed to establish a Bilateral Ministerial Dialogue between two Foreign Ministries. They also agreed for establishment of Annual Foreign Ministry Consultations at Senior Officials Level and cooperation and Dialogue on Cyber Issues.

HPE ties up with Intel to launch Centre of Excellence in Bengaluru


  • Hewlett Packard Enterprise (HPE) India on Thursday joined hands with Intel to launch a Centre of Excellence (CoE) that would help demonstrate High Performance Computing (HPC) as a service for customers.
  • The centre will also enable research institutions and academia to test their applications on the latest HPC platform innovations, enabled by Intel technologies, and accelerate HPC adoption in India.
  • Customers can also access the infrastructure remotely through a cloud-driven model that can be replicated in their data centers, HPE said in a statement here.
  • In India, research institutions and academia are increasingly using HPC to accelerate adoption of big data analytics, simulations of complex processes and large-scale research projects, it noted.

IBM acquires Bengaluru-based Sanovi for an undisclosed sum


  • Global computer services major IBM on Thursday it has signed a deal to acquire Bengaluru-based cloud recovery and migration software company Sanovi for an undisclosed sum.
  • IBM said that the acquisition will help to assure it's clients of business continuity and disaster recovery, when they shift their applications to cloud.
  • IBM did not disclose the financial costs for the acquisition of the Bengaluru firm, which was started in 2003. Chandra Sekhar Pulamarasetti and his co-founder Vinod K began offering such services before cloud was a norm. IBM plans to also license the Sanovi disaster recovery management software as a stand alone platform to customers.

MMTC ties up with banks to sell Indian Gold Coin


  • State-run trading firm MMTC has tied up with seven banks, including ICICI and HDFC Bank, to sell government minted 'Indian Gold Coin' in order to cash in on the Dhanteras buying rush.
  • The coins are currently available at all MMTC outlets across India along with select branches of seven banks - Indian Overseas Bank, Vijaya Bank, Federal Bank, Yes Bank, Andhra Bank, ICICI Bank and HDFC Bank, a finance ministry statement said.
  • The Indian Gold Coin is available in denominations of 5 gm and 10 gm coin and 20 gm bar and is available at about 383 MMTC outlets across India now.
  • Indian Gold Coin was launched by Prime Minister Narendra Modi on November 5, 2015. It is India's first ever sovereign gold offering and only gold coin hallmarked by Bureau of Indian Standards (BIS) for purity.
  • Indian Gold Coin has the National Emblem Ashoka Chakra engraved on one side and Mahatma Gandhi on the reverse side. Its other unique features include 24 Karat 999 fineness purity, positive tolerance both in weight and purity, tamper proof packaging and advanced anti-counterfeit features.

OCARE launches India's first dental insurance product


  • OCARE, India's first independent Insurance Process as a Service (IPAAS) platform, launched its dental insurance product on Thursday in India. A group insurance product, it offers a sum assured of Rs 25,000.
  • Neeraj Sheth, Founder & CEO, OCARE said that this is the first time dental insurance is being offered as an exclusive product in India.
  • Under the general plan, costs of hospitalisation and medicines are covered only in the case of dental emergencies.

Justice Reddy committee on OROP submits report


  • The one-man judicial committee on One Rank One Pension (OROP) submitted its report to the Defence Minister Manohar Parrikar, on 26 October 2016.
  • The committee was appointed under the Chairmanship of Justice L Narasimha Reddy, retired Chief Justice of Patna High Court to look into the anomalies, if any, arising out of implementation of OROP.
Highlights of the Report

  • The judicial committee had held hearings at around 20 cities/towns across the country and interacted with cross sections of Ex-Servicemen as well as their associations.
  • The committee also received 704 representations from individuals and various Ex-Servicemen associations and had held extensive interactions with all stakeholders before submitting its report.

India, South Korea sign revised Double Taxation Avoidance Agreement


  • India and South Korea on 26 October 2016 signed a revised Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
  • The Provisions of the new DTAA will have effect in India in respect of income derived in fiscal years beginning on or after 1 April 2017.
  • The earlier Double Taxation Avoidance Convention between India and Korea was signed on 19 July 1985 and was notified on 26 September 1986.
Salient features of revised DTAA

  • It provides for source based taxation of capital gains arising from alienation of shares comprising more than 5 percent of share capital.
  • In order to promote cross border flow of investments and technology, the revised DTAA provides for reduction in withholding tax rates from 15 percent to 10 percent on fees for technical services and from 15 percent to 10 percent on interest income.
  • It expands the scope of dependent agent Permanent Establishment provisions in line with India’s policy of source based taxation.
  • It provides for exclusive residence based taxation of shipping income from international traffic under Article 8 of revised DTAA.
  • It provides recourse to the taxpayers of both countries to apply for Mutual Agreement Procedure (MAP) in transfer pricing disputes as well as apply for bilateral Advance Pricing Agreements (APA).

Cairn India to invest $100 mn in Rajasthan gas fields


  • The capital investment is estimated for this financial year, with 80 per cent focus for development of the Raageshwari Deep Gas (RDG) project and completion activities of the Mangala field's enhanced oil production, a company spokesperson said.
  • A contract for augmentation of the existing facility will be awarded shortly. That for enhancement of the existing pipeline capacity should be awarded in the current quarter, he said.
  • Completion of Phase-1 is expected to increase the gas production to 40-45 mscfd by the end of the first half of 2017. For Phase-2, tendering activity for a new gas processing terminal and drilling rig is on. Completion of Phase-2 will increase production upwards of 100 mscfd and condensate production to about 5,000 boepd (barrels of oil equivalent per day).

Dr Reddy's Lab announces strategic deal with Gland Pharma in US market


  • Pharmaceutical giant Dr Reddy's Laboratories Ltd on 26 October 2016 announced that it entered into a strategic collaboration with Gland Pharma. The companies entered into the deal to market and distribute a diverse portfolio of eight injectable Abbreviated New Drug Applications (ANDAs).
  • The portfolio is a mix of filed ANDAs pending approval by the US Food and Drug Administration (USFDA) and ANDAs that will be filed imminently. The portfolio comprised of generic injectables administered in hospitals and clinics in the US.




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India –

Union Government constitutes Munialappa Committee to monitor bird flu situation


  • The Union Agricultural Ministry on 26 October 2016 constituted a High-Level Committee to monitor the bird flu situation and help state governments take steps to contain the disease.
  • The Committee will be headed by Munialappa, Joint Commissioner in the Department of Animal Husbandry, Dairy and Fisheries (DADF).
Terms of reference of the committee

  • Munialappa will be the nodal officer and will be available to provide advice and help round the clock.
  • A control room, with telephone numbers 011-23384190 and 09448324121, will provide advice and help round the clock.
  • Besides monitoring the situation, the committee will assist the state governments in taking steps to contain the spread of avian influenza.
  • The committee will have representatives from Ministry of Health, Ministry of Environment, Forests and Climate Change, Department of Agriculture Research and Extension (DARE) and the Delhi government.

Haryana to observe 2017 as Garib Kalyan Varsh


  • Haryana Government has decided to observe 2017 as the “Garib Kalyan Varsh”. The announcement was made by Chief Minister Manohar Lal on 26 October 2016.
  • During the observation period of Garib Kalyan Varsh, the government would lay emphasis on welfare of poor people and generating employment opportunities for the youth.
  • Khattar, who completed two years in office, also said that the outgoing year (2016) was dedicated to Pt. Deendayal Upadhyaya, which coincided with the Golden Jubilee of the state. Haryana was carved out of Punjab on 1 November 1966 on a linguistic basis.

Appointments –

Karnal Singh appointed as Director of Enforcement Directorate


  • Senior IPS officer Karnal Singh on 26 October 2016 was appointed the Director of Enforcement Directorate (ED).
  • The Appointments Committee of Cabinet approved the appointment of Singh till 31 August 2017, which is the date of his superannuation.
  • Singh was already holding the post as additional charge for over a year. His regular posting was Special Director, ED, for the northern region.

Doordarshan DG Supriya Sahu appointed as new Vice President of ABU


  • Doordarshan DG Supriya Sahu has been appointed as the new Vice President of the Asia-Pacific Broadcasting Union.
  • An official statement released by the public broadcaster said that it participated in the53rd annual Asia-Pacific Broadcasting Union General Assembly, hosted by the Indonesian public broadcaster RRI, which concluded in Bali, Indonesia on 25th October.
  • Ko Dae-young, President and CEO of Korean Broadcasting System (KBS) was elected as as new President and Sahu joins the other two Vice Presidents of ABU, Hikaru Doumoto, Executive Vice President of NHK-Japan and Senol Goka, Director General of TRT- Turkey, the statement said.

Borje Ekholm appointed as President and CEO of Ericsson


  • Borje Ekholm was on 26 October 2016 appointed as the President and Chief Executive Officer (CEO) of  Ericsson, Swedish communication technology firm, with effect from 16 January 2017. Until then, Jan Frykhammar will remain interim CEO.
  • Ekholm will also remain a member of the Board of Directors of Ericsson. Presently, Ekholm is working as CEO of Patricia Industries.

Reports –

World Economic Forum released Global Gender Gap Report 2016


  • World Economic Forum (WEF) on 25 October 2016 released the Global Gender Gap Report 2016. The 2016 report provides Gender Gap scores for 144 countries compared to 145 countries included in 2015 report.
  • More than a decade of data has revealed that progress is still too slow for realizing the full potential of one half of humanity within our lifetimes. Out of the 144 countries surveyed, while Iceland topped the Gender Gap Index for the eighth consecutive year in a row, India stood at 87th position, from the 108th position in 2015.
  • As per the report, the global gender gap across health, education, economic opportunity and politics will take another 83 years across the 107 countries covered since the inception of the Report to close this gap completely.
Report in context of India

  • India which was ranked at 87th position had succeeded in closing the gender gap with regard to wage equality and across all indicators of the Educational Attainment sub-index, fully closing its primary and secondary education enrolment gender gaps.
  • However, it also sees some regression on women’s estimated earned income and continues to rank third-lowest in the world on Health and Survival, remaining the world’s least-improved country on this sub-index over the past decade.
  • Economic Participation and Opportunity: India was ranked at 136th position with 0.408 score. In this segment, India’s performance was one of the lowest among the surveyed countries. In 2015, India was placed at 139th position.
  • Educational attainment: India was ranked at 113rd position with 0.950 score.
  • Health and survival: India was ranked at 142nd position with 0.942 score.
  • Political empowerment: India was placed at 9th position with 0.433 score.

Days –

World Day for Audiovisual Heritage 2016 observed globally


  • World Day for Audiovisual Heritage was observed across the world on 27 October 2016. The theme for the day was It's Your Story - Don't Lose It.
  • The World Day for Audiovisual Heritage aims to raise general awareness of the need for urgent measures to be taken to safeguard audiovisual document. It also focuses on acknowledging the importance of audiovisual documents as an integral part of national identity.

Sports –

Punjab Directorate wins NCC National Games


  • Punjab Directorate on 27 October 2016 won the 2016 National Cadet Corp (NCC) National Games. Subhash Bhamre, Minister of State for Defence, presented trophies to the winners at the closing ceremony at Delhi Cantonment.
  • The NCC Games aim to provide the talented sportsmen among the cadet exposure of a major sporting event while preparing them with the requisite matching temperament towards furthering their sporting careers.

Obituaries –

Legendary Kashmiri singer Raj Begum dies


  • Celebrated Kashmiri singer Raj Begum passed away on 26 October 2016 in Srinagar, Jammu & Kashmir. She was 89.
  • Begum was one of the most recognized female singers in the Kashmir Valley. She had rendered thousands of songs from Radio Kashmir in Srinagar and in live concerts at other places in India and abroad.



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Team ExamPundit

SBI JUINOR ASSOCIATES(Clerk) 2016 - Final Result


Hello and welcome to exampundit . SBI has declared the result of SBI JA Clerk 2016.



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The Selection is Provisional and subject to:
i) Qualifying the Proficiency test in Local Language(s)
ii) Fulfilment of eligibility criteria/ conditions as prescribed in our advertisement No. CRPD/CR/2016-17/01 dated 05.04.2016 and its supplementary notification dt. 20-04-2016
iii) Correctness of information given by the candidate at the time of registration.




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How to Study Current Affairs and GK for IBPS PO VI MAINS


Hello and welcome to exampunditA lot of people have asked us How to prepare for Current Affairs and General Knowledge for IBPS PO Mains Exam. So here are 3 Ways to Study and Remember General Knowledge and Current Affairs! This was previously shared, now resharing with all of you because exam is on its way.



Method 1 - The Newspaper Factory

In this method, you have to memorize General Knowledge and Current Affairs by writing them down while studying. Make some research about the topic, person, event and collect some photos as it will help you to memorize the story. This is the reason Pictures are provided with almost every current affairs news of ExamPundit. Write them like a journal, read them in leisure, research on the topics. This method is lengthy but its pretty much fruitful for students who read and memorize.



Method 2 - The Ancient Theory

Have you ever wondered how Vedas, Upanishads were memorized? SHRUTI as we know. Many of us find it easy to remember anything when we hear it. For example, many of us easily sing the Dhinchak Bollywood songs without any hesitation. It is because of the “Shruti” method. So while you read the stories, record them in your cellphone. Later, listen to them as much as possible. If you are feeling weird about hearing your own voice then just tell your mom to read and record, Mother’s voice is the best.



METHOD 3 - My Way, My Rule


Yes, if none of them work, there has to be a way you can study. Every human being can create their own ways of doing things. This is what Survival theory of nature is. Try to find out.


Next Up Tomorrow, We will share WHAT TO STUDY FOR IBPS PO VI MAINS.


Liked it? Share it! Comment below!

All the best!!!!!

May the force be with You.







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Quantitative Aptitude Quiz for Bank Exams 2016-17 - 4


Hello and welcome to exampundit . Here is a set of Quantitative Aptitude Quiz for Upcoming Bank Exams in 2016-17.

1. If the price of sugar is raised by 60%, by how much per cent must a person reduce his consumption so as not to increase his expenditure on sugar?
1) 30%
2) 37.5%
3) 60%
4) 40%
5) 62.5%




2. Green Arrow and The Flash can do a piece of work in 15 days. Green Arrow is 5/3 times as efficient as The Flash. In how many days can Green Arrow alone finish the work?
1) 21 days
2) 24 days
3) 28 days
4) 30 days
5) None of these





3. The sum of ages of three persons Batman, Wonder Woman and Superman together is 167 years. Wonder Woman is 17/12 times as old as Batman, and Superman is 44 years older than Batman. What is the age of Wonder Woman?
1) 45 years
2) 48 years
3) 51 years
4) 60 years
5) 68 years




4. Mixture A contains 40% milk and Mixture B contains 30%. A container is filled with seven parts of Mixture A and thirteen parts of Mixture B. Find the percentage of milk in the container?
1) 32.5%
2) 33.5%
3) 35%
4) 37.5%
5) 36%





5. Two stations A and B are 333 km apart. A train leaves station A for station B and at the same time another train leaves B for A. Both trains meet 4.5 hours after they start moving. If the train which starts from station A is 14 km/hr faster than the other one, what is the ratio of the speeds of both trains?
1) 3 : 2
2) 5 : 3
3) 4 : 3
4) 7 : 4
5) None of these




6. A 320-metre-long train moving at an average speed of 120 kmph crosses a platform in 24 seconds. A man crosses the same platform in 4 minutes. What is the speed of the man in
metre/second?
1) 2.4
2) 1.5
3) 1.6
4) 2.0
5) None of these




7. The simple interest accrued on a certain principal is Rs. 7,200 in six years at the rate of 12 pcpa. What would be the compound interest accrued on that principal at the rate of 5 pcpa in 2 years?
1) Rs. 1,020
2) Rs. 1,055
3) Rs. 1,050
4) Rs. 1,025
5) None of these




8. The sum of the square of the first number and the cube of the second number together is 568. Also, the square of the second number is 15 less than the square of 8. What is the value of three-fifths of the first number? (assuming both the numbers are positive)
1) 18
2) 8
3) 9
4) 16
5) None of these




9. The sum of 8 consecutive odd numbers is 656. Also, the average of four consecutive even numbers is 87. What is the sum of the smallest odd number and the second largest even number?
1) 165
2) 175
3) 163
4) Cannot be determined
5) None of these




10. Iris purchased a smartphone for Rs. 9,600 and sold it at a loss of 5 per cent. From that money she purchased another phone and sold it at a gain of 5 per cent. What is her overall gain/loss?
1) Loss of Rs. 36
2) Profit of Rs. 24
3) Loss of Rs. 54
4) Profit of Rs. 36
5) None of these


Answers:

  1. 2
  2. 2
  3. 3
  4. 2
  5. 5
  6. 4
  7. 4
  8. 3
  9. 3
  10. 2



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Team ExamPundit

Abhinav's Reasoning Challenges for Bank PO Exams 2016 - 27 October, 2016


Hello and welcome to exampundit . So here is the Abhinav's Reasoning Challenges for Bank PO Exams 2016.

The rules are same as the fighter's puzzle challenges.



Abhinav will conduct and help everyone along with S Dixit,  the fighter and Chitrarth who will monitor/feature/delete any other comments.

Puzzle 1:

In a conference 8 people A, B, C, D, E, F, G and H from different cities - Delhi, Pune, Kochi, Mumbai, Chennai, Lucknow, Bhatinda and Amritsar are sitting around a rectangular table (but not necessarily in the same order).3 persons are sitting on the each longer side and 2 on the smaller side.D is sitting second to the right of the person who is from Amritsar. E is sitting third to the left of the person who is from Lucknow. F and G are sitting opposite to each other C is sitting diagonally opp. the person from Bhatinda. B is sitting opposite the person who is from Delhi and not seating near to the person from Lucknow.The person from Mumbai is sitting second to the right of the person from Chennai and second to the left of A, who is not sitting near the person who is from Bhatinda. G is sitting on the smaller side and to the right of the person who is from Bhatinda. Persons from Chennai and Mumbai are not on the same side of the table. Persons from Chennai and Mumbai are not on the same side of the table. Person from Mumbai is sitting third to the right of the person from Amritsar, who is not sitting diagonally opposite to the person from Pune.



Puzzle 2:


Eight friends M, N, O, P, Q, R, S and T are sitting around circular table and eight different states Uttar Pradesh, Bihar, Andhra Pradesh, Chandigarh, Punjab, Haryan, Kerala and Maharashtra. They read three Newspapers in Hindi, English and Punjabi. At least two persons read one news paper not necessarily in the same order. Only P and Q read Hindi Newspaper. P is third to right of Q. M is from Kerala reads English Newspaper and is sitting immediate right of Q. R is from Chandigarh and reads Punjabi Newspaper. T reads the same Newspaper as S reads who is third to left of R and fourth to right of N. O is sitting exact opposite of P who belongs to UP. Persons who belong to Maharashtra and Andhra Pradesh read English Newspaper. S is from Haryana while N is from Andhra Pradesh reads English Newspaper T is from Punjab



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LIVE Q&A - General Awareness - BOM PGDBF 2016 - 2


Hello and welcome to exampundit . So here is the Live Q&A Page for Bank of Maharashtra PGDBF 2016. The topic is 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. August  to 18 October 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 August  to 18 October CA
b) The questions are not incomplete
c) 1 question / 3 minutes - Anything earlier than that will be deleted.




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Team ExamPundit

General Awareness PDF from LIVE Q&A Session for BOM PGDBF 2016


Hello and welcome to exampundit . Here is the PDF from our yesterday's LIVE Q&A Session for BOM PGDBF 2016.




All the best! Thanks to our very own Ruchi!



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Team ExamPundit

Ask The Mentor - 27 October, 2016





Hello and welcome to exampundit . Here is the Daily Page where you can ask any question related to your Exam, Materials, Career or anything.

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.




CLICK HERE FOR IBPS CLERK PRELIMS MOCK TEST >>


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

Active Mentors:
  1. Mentor from exampundit [SSC] - S Dixit - For any EP Related or Edkraft
  2. Mentor from exampunditAnubhab
  3. Mentor from exampundit[SSC] Gaurav Monga - Explains in Details
  4. Mentor from Aspirants: ℛUÇℋ¶ [NEW] - Explains in Details
  5. Mentor from Aspirants: the fighter - Reasoning & Puzzle Master
  6. Mentor from Aspirants: Ketan - General Awareness & Exam Strategist
  7. Mentor from Aspirants: raven92 - Explains in Details
  8. Mentor from Aspirants: Chitrarth - Explains in Details
  9. Mentor from Aspirants: Bahubali - Explains in Details and Mind Tricks
Inactive Mentors:(Not regularly active on the site)

  1. Nisha Gautam
  2. Optimus Prime



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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
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Wednesday, October 26, 2016

Current Affairs Update – 26th October, 2016

Hello and welcome to exampundit . Here are the important Current Affairs of 26th October, 2016. These are important for the upcoming IBPS PO Mains, IBPS Clerk Mains, IBPS RRB OA & OS-I Mains and NICL AO & IPPB PO 2016 Exams.


Current Affairs at a Glance - 26 October, 2016
  1. BSE Institute Ltd has entered into a memorandum of understanding (MoU) with New Zealand’s University of Otago to offer programs at the undergraduate and postgraduate levels.
  2. The Union Ministry of Urban Development on 25 October 2016 signed a Memorandum of Understanding (MoU) with National Buildings Construction Corporation (India) Ltd and Central Public Works Department (CPWD).
  3. The fourth edition of the India-Sri Lanka Joint Military Exercise Mitra Shakti 2016 began on 24 October 2016 at Sinha Regimental Centre in Ambepussa, Sri Lanka. The exercise will continue till 6 November 2016.
  4. Prime Minister Narendra Modi on 25 October 2016 inaugurated 2016 National Tribal Carnival at Indira Gandhi Indoor Stadium in New Delhi. The carnival aims at promoting a sense of inclusiveness amongst the tribals.
  5. The Uttarakhand High Court on 25 October 2016 ordered a complete ban on the sale of whitener in the state. The decision came following the death of a teenager (14-year-old) in Bhowali town of Nainital district after he sniffed an excess of whitener for a kick.
  6. All India Radio’s (AIR’s) entry Diary of a Tiger (एक बाघ की डायरी) in October 2016 won the first prize in the Community Service Announcement category of the prestigious Asia-Pacific Broadcasting Union (ABU) awards for the year 2016.
  7. Paul Beatty on 25 October 2016 became the first US author to win the Man Booker Prize. He won the award for his racial satire, 'The Sellout' at a ceremony in London's Guildhall.
  8. Fédération Internationale de Football Association (FIFA) on 21 October 2016 unveiled the Official Mascot for the 2018 World Cup. The Official Mascot for the 2018 FIFA World Cup Russia is named Zabivaka, which means ‘the one who scores’ in Russian. The mascot is the wolf developed by student designer Ekaterina Bocharova.
  9. The World Bank Group on 25 October 2016 released the report titled Doing Business 2017: Equal Opportunity for All. It is the 14th report in a series of annual reports measuring the regulations that enhance business activity and those that constrain it.  India moved one rank up to the 130th position in the Report.
  10. Ralf Speth, CEO of Jaguar Land Rover, and N Chandrasekaran, CEO & Managing Director of Tata Consultancy Services (TCS), were appointed as additional directors on its Board.


Economy –

BSE Institute sings MoU with New Zealand’s University of Otago

  • BSE Institute Ltd has entered into a memorandum of understanding (MoU) with New Zealand’s University of Otago to offer programs at the undergraduate and postgraduate levels.
  • The MoU between BSE Institute and University of Otago will give the students an opportunity to study overseas.
  • The offerings are the Master of Professional Accounting (MProfAcct), which is a professionally accredited accounting program aimed at graduates of any discipline who want to pursue a career in accounting, and MBA and The India Immersion Program, whereby the students from New Zealand will get the opportunity to visit India and learn about the Indian Financial Markets, about the Indian economy and also the Indian culture, according to a release.


Union Ministry of Urban Development signs MoU with NBCC (India) Ltd & CPWD

  • The Union Ministry of Urban Development on 25 October 2016 signed a Memorandum of Understanding (MoU) with National Buildings Construction Corporation (India) Ltd and Central Public Works Department (CPWD).
  • The MoU was signed for the redevelopment of General Pool Residential Accommodation (GPRA) colonies in New Delhi.

Highlights of the MoU
  • The NBCC will redevelop Sarojini Nagar, Netaji Nagar, Nauroji Nagar and CPWD will redevelop Kasturba Nagar, Thyagraj Nagar, Srinivaspuri and Mohammadpur.
  • The total estimated cost of the project is 32835 crore rupees including maintenance and operation costs for 30 years.
  • The cost of works assigned to NBCC will be 24682 crore rupees and to CPWD will be 7793 crore rupees.
  • The project will be implemented on self-financing basis by sale of commercial Built up Area (BUA) of 8.07 lakh sqm constructed in Nauroji Nagar and parts of Sarojini Nagar by NBCC as a part of the project.
  • Under the Project, the existing housing stock of 12970 will be replaced by approximately 25667 dwelling units, with supporting social infrastructure facilities.
  • The construction of the project will be completed in five years in a phased manner.


India –

Indo-Sri Lanka Joint Military Exercise Mitra Shakti 2016 begins

  • The fourth edition of the India-Sri Lanka Joint Military Exercise Mitra Shakti 2016 began on 24 October 2016 at Sinha Regimental Centre in Ambepussa, Sri Lanka. The exercise will continue till 6 November 2016.
  • The main focus of this edition of the joint exercise is to enhance inter-operability while carrying out Counter Insurgency (CI)/Counter Terrorism (CT) operations under the United Nations Mandate.
  • Highlights of Mitra Shakti 2016
  • The Indian Contingent is represented by a platoon from the Rajputana Rifles Regiment and the Sri Lankan Army is represented by a platoon from the Sinha Regiment.
  • In the initial two stages, both armies will get familiar with the respective methodology of such operations, each other’s arms and equipment and the command and control systems. 
  • It will then graduate towards tactical understanding to enhance inter operability while carrying out Counter Insurgency (CI)/Counter Terrorism (CT) operations.





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Prime Minister inaugurates 2016 National Tribal Carnival

  • Prime Minister Narendra Modi on 25 October 2016 inaugurated 2016 National Tribal Carnival at Indira Gandhi Indoor Stadium in New Delhi. The carnival aims at promoting a sense of inclusiveness amongst the tribals.
  • About 1600 Tribal Artists from the various States/UTs performed carnival parade in their traditional attire during the inaugural ceremony.

Highlights
  • It was organised by Union Ministry of Tribal Affairs
  • The four-day long National Tribal Carnival was planned to preserve and promote various facets of the tribal life relating to culture, tradition, customs and their skills.
  • The carnival will showcase and promote various facets of tribal culture on a large scale.
  • More than 1600 tribal artists and around eight thousand tribal delegates from across the country are expected to take part in the carnival.


HC bans sale of whitener in Uttarakhand

  • The Uttarakhand High Court on 25 October 2016 ordered a complete ban on the sale of whitener in the state. The decision came following the death of a teenager (14-year-old) in Bhowali town of Nainital district after he sniffed an excess of whitener for a kick.
  • The single bench of Justice Rajeev Sharma directed the state government to put a complete ban on its sale.
  • Besides, the court also ordered that items such as Iodex and Feviquick should not be sold to children below 18 years of age in view of prevalent abuse of these among teenagers. The court said, it must also be ensured that no minor gets entry into hookah clubs.
  • Earlier in October 2016, while rejecting the bail plea of an alleged drug peddler, the court had directed the Principal Secretary of the state to constitute a special task force to combat drug abuse.


Awards & Honors –

AIR's entry on dwindling tiger habitats wins ABU award

  • All India Radio’s (AIR’s) entry Diary of a Tiger (एक बाघ की डायरी) in October 2016 won the first prize in the Community Service Announcement category of the prestigious Asia-Pacific Broadcasting Union (ABU) awards for the year 2016.
  • Dairy of a Tiger was declared the winner at an award ceremony held in Bali, Indonesia, on the sidelines of ongoing 53rd ABU General Assembly and Associated Meetings. The award includes a trophy, certificate and cash prize of 2000 US Dollars.
  • Abhinay Srivastava received his award by Asia-Pacific Broadcasting Union (ABU) in association with RRI (Radio Republic Indonesia) & MMIT (Ministry of Communication and Informatics), Indonesia.


Paul Beatty wins 2016 Man Booker Prize

  • Paul Beatty on 25 October 2016 became the first US author to win the Man Booker Prize. He won the award for his racial satire, 'The Sellout' at a ceremony in London's Guildhall.
  • The novel tells the story of a young black man who tries to reinstate slavery and racial segregation in a suburb of Los Angeles. Chair of the Judges, Amanda Foreman, said the book managed to eviscerate every social taboo.


Sports –

FIFA unveils Official Mascot for 2018 World Cup

  • Fédération Internationale de Football Association (FIFA) on 21 October 2016 unveiled the Official Mascot for the 2018 World Cup.
  • The Official Mascot for the 2018 FIFA World Cup Russia is named Zabivaka, which means ‘the one who scores’ in Russian. The mascot is the wolf developed by student designer Ekaterina Bocharova.
  • The selected mascot had received 53 per cent of the votes, followed by the tiger (27 per cent) and the cat (20 per cent).


FIH appoints Jason McCracken as Chief Executive Officer

  • The International Hockey Federation (FIH) on 25 October 2016 appointed New Zealand's Jason McCracken as its Chief Executive Officer (CEO).
  • McCracken will take over FIH in February 2017. He will replace Kelly Fairweather, who is leaving for the International Tennis Federation after six years in the role.
  • McCracken is a renowned figure in hockey family. He served as an Olympic and World Cup umpire, FIH committee member and technical official for over 20 years.
  • McCracken’s most recent appointments were technical delegate at the Rio 2016 Olympics and tournament director at the 2014 men's hockey World Cup in The Hague, Netherlands.


Reports –

World Bank releases report titled Doing Business 2017: Equal Opportunity for All

  • The World Bank Group on 25 October 2016 released the report titled Doing Business 2017: Equal Opportunity for All. It is the 14th report in a series of annual reports measuring the regulations that enhance business activity and those that constrain it.
  • Data in Doing Business 2017 Report are current as of 1 June 2016. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.

Highlights of the report
  • It finds that entrepreneurs in 137 economies saw improvements in their local regulatory framework last year. Between June 2015 and June 2016, the report documented 283 business reforms.
  • Reforms reducing the complexity and cost of regulatory processes in the area of starting a business were the most common in 2015/16.
  • The next most common reforms were in the areas of paying taxes, getting credit and trading across borders.
  • In its global country rankings of business efficiency,  the report awarded its coveted top spot to New Zealand, Singapore ranked second, followed by Denmark at third position.
  • Hong Kong SAR, China, Korea, Norway, United Kingdom, United States and Sweden were among the top 10 countries in global country rankings.

India in Doing Business 2017 Report
  • India moved one rank up to the 130th position in the Report. This marginal improvement came on the back of slight improvement in four indicators- getting electricity, enforcing contracts, trading across borders and registering property.
  • In the 2017 rankings, the only major improvement for India was seen in the area of getting electricity. The report recognised the efforts of Tata Power in Delhi to make it faster and cheaper to obtain a connection.
  • In terms of starting a business, India’s ranking went down to 155th position from 151st last year. This was also true for registering a property.
  • In terms of resolving insolvency, the country’s position slid a single rank to 136 from 135 last year.
  • India’s ranking in trading across borders also fell by 10 spots to 143 though the World Bank recognized India’s reforms in making imports and exports easier through the launch of the ICEGATE portal.
  • For India, the ranking covers data from Delhi and Mumbai, with weights of 53 percent and 47 percent, respectively.


Appointments –

JLR CEO Ralf Speth, TCS CEO N Chandrasekaran appointed to Tata Sons board

  • In keeping with the tradition of promoting group company CEOs to the Tata group holding company, Tata Sons’ board, Ralf Speth, CEO of Jaguar Land Rover, and N Chandrasekaran, CEO & Managing Director of Tata Consultancy Services (TCS), were appointed as additional directors on its Board.
  • Both Chandrasekaran, 53, and Speth, 61, are running the most successful operations of the Tata group.
  • Earlier during the tenure of Ratan Tata, RK Krishna Kumar, MD of Tata Tea and JJ irani, MD of Tata Steel were also appointed on Tata Sons board. Similarly, late JRD Tata had appointed late Sumant Moolgaokar and late Darbari Seth on the TSL board.


Obituaries –

Legendary footballer Carlos Alberto Torres dies

  • Legendary footballer Carlos Alberto Torres passed away on 25 October 2016 at Rio de Janeiro, Brazil. He was 72.
  • Carlos was known for scoring one of the greatest goals in World Cup history in the 1970 final against Italy.





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Team ExamPundit