Tuesday, February 28, 2017

Current Affairs Update - 28 February, 2017

Hello and welcome to exampundit. Here are the Important Current Affairs Update of 28th February, 2017. These are important for the upcoming SBI PO Mains, NIACL Assistant Mains as well as other insurance and bank exams.


Current Affairs at a Glance - 28 February, 2017 - Click/Tap to show
  1. The Reserve Bank today announced setting up of the inter—disciplinary standing committee on cyber security to review the threats inherent in the existing and emerging technology. The 11—member committee will also study adoption of various security standards and protocols, interface with stakeholders and suggest appropriate policy interventions to strengthen cyber security and resilience, the central bank said. Going forward, the committee headed by Meena Hemchandra, Executive Director, RBI, can co—opt more experts and also operate through a framework of sub—committees to examine specific issues, it said.
  2. Reliance Jio has announced a collaboration with networking giant Cisco to further expand Jio existing multi-terabit capacity with the first All-IP converged network in India.
  3. The Bharat Sanchar Nigam Ltd (BSNL) will sign a memorandum of understanding (MoU) with Nokia at MWC 2017 today. According to a report by PTI, the MoU is in the areas of 5G and the Internet of Things (IoT) applications. It entails strategic cooperation for smoother evolution and transition from 4G to 5G. It also involves join 5G demonstration, IoT applications, and more.
  4. Railways Minister Suresh Prabhakar Prabhu on 27 February 2017 flagged off the first Antyodaya clan of trains and the fourth Humsafar clan of trains through video conferencing. Sri Ganganagar - Tiruchirappalli Humsafar Express will pass through Krishnarajapuram, Pune and Ahmedabad. While, Ernakulam - Howrah Antyodaya Express will cross Salem, Katpadi and Visakhapatnam.
  5. India’s Civil Aviation Minister, Ashok Gajapathi Raju inaugurated the country’s first integrated heliport at Rohini in North Delhi on 28 February 2017.
  6. TripAdvisor, an American travel website, in February 2017 ranked Radhanagar beach of the Andaman and Nicobar Islands among top 10 beaches in the world. The beach on the Havelock Island in the Andamans has secured the 8th position in the world in TripAdvisor's 'World's Travellers' Choice Award-Winning Beaches'
  7. Retired IAS officer Khursheed A Ganai was appointed as the Chief Information Commissioner (CIC) of Jammu and Kashmir on 27 February 2017. His appointment will take effect from the date he assumes charge of the post.
  8. Ace pistol shooter Jitu Rai staged a remarkable comeback to clinch the bronze medal in the 10m air pistol event for India’s fourth podium finish in the ongoing ISSF World Cup here today.
  9. Indian national cricket team captain, Virat Kohli was named the ‘Captain of the Year’ at the 10th annual ESPN cricinfo awards.
  10. National Science Day was observed across India on 28 February 2017. The year’s theme for the day is "Science and Technology for Specially Abled Persons”.




Financial and Banking News:

RBI sets up Meena Hemchandra panel to review cyber threats


  • The Reserve Bank today announced setting up of the inter—disciplinary standing committee on cyber security to review the threats inherent in the existing and emerging technology.
  • The 11—member committee will also study adoption of various security standards and protocols, interface with stakeholders and suggest appropriate policy interventions to strengthen cyber security and resilience, the central bank said.
  • Going forward, the committee headed by Meena Hemchandra, Executive Director, RBI, can co—opt more experts and also operate through a framework of sub—committees to examine specific issues, it said.
  • Based on the recommendations of the Expert Panel on Cyber Security and Information Technology Examination, the RBI had issued guidelines to banks in June last year mandating cyber security preparedness to tackle cyber risks.
  • The Statement on Developmental and Regulatory Policies, issued along with the sixth bi—monthly monetary policy statement on February 8, 2017, had proposed constitution of an inter—disciplinary standing committee on cyber security.


RJio joins hands with Cisco to build largest all-IP services platform


  • Reliance Jio has announced a collaboration with networking giant Cisco to further expand Jio existing multi-terabit capacity with the first All-IP converged network in India.
  • With this network, Jio will offer a combination of high-speed data, mobile video, VoLTE, digital commerce, media, cloud and payment services, Cisco said in a statement.
  • It is the first network of its kind globally with the fastest growth of 100 million broadband and VoLTE customers, reaching the milestone within six months of launch.
  • A result of co-innovation around product and services between the two companies, the Jio All-IP digital platform is built on Cisco's Open Network Architecture and Cloud Scale Networking technologies featuring IP/MPLS, spanning areas, including data centre, Wi-Fi, security and contact centre solutions.
  • Jio has more than 300,000 km of fibre and built India's largest cloud data centre to build platforms for applications and vertical solutions.
  • Cisco is building the simplified, automated and virtualised network platform of the future on industry-leading software, systems, silicon and services.


BSNL to sign MoU with Nokia on 5G, IoT applications


  • The Bharat Sanchar Nigam Ltd (BSNL) will sign a memorandum of understanding (MoU) with Nokia at MWC 2017 today. According to a report by PTI, the MoU is in the areas of 5G and the Internet of Things (IoT) applications. It entails strategic cooperation for smoother evolution and transition from 4G to 5G. It also involves join 5G demonstration, IoT applications, and more.
  • The pact also involves collaborative workshops to define a phased strategy for network evolution and transformation and the implications on business, technology and operations, he further added. The MOU will be signed at the Mobile World Congress and it entails strategic cooperation for smooth network evolution and transition from 4G to 5G, including joint 5G demonstration.


Indian Railways launches New Catering Policy 2017

  • Railways Minister Suresh Prabhakar Prabhu on 27 February 2017 launched New Catering Policy 2017 of the Indian Railways.
  • This new Catering Policy will delink food production and food distribution. Food will be cooked anywhere in the kitchens of IRCTC in a hygienic manner using mechanized system. While, food will be distributed using professionals from the hospitality industry.

Highlights of the New Catering Policy 2017 in Mobile Units and Base Kitchens
  • IRCTC will manage catering service on all mobile units including catering services on all the trains started on short notice.
  • Pantry car contracts awarded by zonal railways will also be reassigned to IRCTC.
  • Meals for all mobile units will be picked up from the nominated kitchens that are owned operated and managed by IRCTC.
  • All four Base Kitchens under departmental operation of Zonal Railways and all kitchen units will be handed over to IRCTC on ‘as is where is basis’. 
  • Kitchen structures/ land/space will be handed over by Zonal Railways to IRCTC for a period of 10 years which can be extendable for another period of 5 years.
  • IRCTC will develop the Business model for the kitchens so that they can expand and enhance the service.
  • IRCTC will determine the menu of standard meals and A-la-carte items.
  • IRCTC may also involve Self Help groups for providing catering related services.

Highlights of the New Catering Policy 2017 in Static Units
  • Zonal Railways will manage the static units except base kitchens and kitchen units to be handed over to IRCTC.
  • IRCTC will be responsible for catering services in static units like food plazas, food courts and fast food units.
  • Allotment of all minor catering units at all category of stations will be done through open tender.
  • Allotment of Milk Stalls at all stations will be done through open tender system as against calling application.
  • Tenure of all static units (except kitchen units and food plaza) will be 5 years only. 
  • 33 per cent sub quota for women in allotment of each category of minor catering units at all category of stations has also been provided.


Non-financial news related to India and states:

Railways Ministry inaugurates Antyodaya Express and Humsafar Express


  • Railways Minister Suresh Prabhakar Prabhu on 27 February 2017 flagged off the first Antyodaya clan of trains and the fourth Humsafar clan of trains through video conferencing.
  • Sri Ganganagar - Tiruchirappalli Humsafar Express will pass through Krishnarajapuram, Pune and Ahmedabad. While, Ernakulam - Howrah Antyodaya Express will cross Salem, Katpadi and Visakhapatnam.

About Humsafar Express
  • This fourth Humsafar Express will cross the entire country from North to South.
  • Humsafar train is a fully Air Conditioned 3 AC service having facilities like GPS based Passenger Information System and Passenger announcement System.
  • It also features fire and smoke detection and suppression system, CCTVs, comfortable seats, mobile and laptop charging points, integrated Braille display, Fire retardant curtains, etc.
  • It will have stoppages at 35 stations including Hanumangarh, Bikaner, Jodhpur, Abu Road, Ahmedabad, Vadodara, Surat, Lonavala, Pune, Belgaum, Hubballi, Birur, Arsikere, Krishnrajapuram and Bangerpet.
  • It's primary maintenance will be held at Sri Ganganagar (NWR).
  • Till date, 3 Humsafar Express trains have been introduced on Indian Railways.

About Antyodaya Express
  • Antyodaya Express is a long-distance and fully unreserved superfast train service for the common man to be operated on dense routes.
  • It will have facilities like  Cushioned luggage racks which can serve as seats.
  • It also features J-Hook near longitudinal luggage racks, multiple unit cables at both ends of the coach, potable drinking water dispenser, mobile charging points, fire extinguisher with anti-theft lock, modular toilets, LED lights, anti-graffiti coating for exterior painting, etc.
  • Covering one way distance of 2307 km, Antyodaya Express will have stoppages at 23 stations including Kharagpur, Cuttack, Bhubaneswar, Palasa, Srikakulam Road, Vizianagaram, Vijaywada, Ongole, Renigunta, Katpadi, Jolarpettai, Salem, Erode, Coimbatore and Thrisur.

It's primary maintenance will be held at Santragachi on RBPC (SER).

Civil Aviation Minister inaugurated India’s first Integrated Heliport

  • India’s Civil Aviation Minister, Ashok Gajapathi Raju inaugurated the country’s first integrated heliport at Rohini in North Delhi on 28 February 2017.
  • The minister dedicated the heliport to the nation. The new facility is expected to push India’s aviation sector to new heights.
  • The heliport has been developed by Pawan Hans, a state-owned helicopter service company.
  • It is spread over a large area amounting to more than 25 acres with an investment of about Rs 100 Cr.
  • It consists of a terminal building with a capacity of about 150 passengers, 4 hangars with the parking capacity of around 16 helicopters and nine parking bays.
  • It also has a maintenance, repair, and overhaul (MRO) facility for the maintenance and repair of the Pawan Hans fleet as well as for third party repair work.


Andaman’s Radhanagar beach featured in top 10 beaches of World


  • TripAdvisor, an American travel website, in February 2017 ranked Radhanagar beach of the Andaman and Nicobar Islands among top 10 beaches in the world. The beach on the Havelock Island in the Andamans has secured the 8th position in the world in TripAdvisor's 'World's Travellers' Choice Award-Winning Beaches'
  • In addition, the Radhanagar beach has notched the top position in TripAdvisor's list of the top spot in Asia.
  • TripAdvisor has honoured 343 beaches, including the top 25 in the world. Winners were determined based on the quantity and quality of traveller reviews and ratings for beaches on TripAdvisor, gathered over a 12-month period.
  • The Baia do Sancho Fernando de Noronha in Brazil topped the list and was followed by Grace Bay Providenciales in Turks and Caicos, Eagle Beach in Aruba.


Appointments:

Khursheed A Ganai appointed as the Chief Information Commissioner of Jammu and Kashmir


  • Retired IAS officer Khursheed A Ganai was appointed as the Chief Information Commissioner (CIC) of Jammu and Kashmir on 27 February 2017. His appointment will take effect from the date he assumes charge of the post.
  • Ganai’s appointment to the post was approved by the State Governor NN Vohra in the exercise of the powers vested in him under Section 12(3) of the Jammu and Kashmir Right to Information Act, 2009 (Act No. VIII of 2009). His name was recommended to the governor on 21 February 2017 by a selection panel headed by the Chief Minister Mehbooba Mufti. Other members of the panel were former Chief Minister Omar Abdullah and Deputy Chief Minister Dr Nirmal Singh.
  • Ganai succeeds GR Sufi, who retired as CIC of the state on 29 February 2016. The state’s information commission had been non-functional since November 2016 after the retirement of its two information commissioners. The two Information Commissioner were Dr SK Sharma and Nazir Ahmed and they retired from the office in October 2015 and November 2016, respectively.


Kabir Bedi appointed as Brand Ambassador of Sightsavers


  • Noted film actor Kabir Bedi was on 27 February 2017 appointed as the Brand Ambassador of Sightsavers, a global organisation working to prevent avoidable blindness.
  • Kabir Bedi is known in the United Kingdom for his role as villainous henchman Gobinda in 1983 James Bond movie ‘Octopussy'.
  • On the occasion, six blind girls from Madhya Pradesh, who won medals in the 5th National Blind and Deaf Judo Competition in January 2017, were felicitated by Kabir Bedi and and SY Quraishi, Chairman of the India chapter of the Sightsavers and former Chief Election Commissioner of India.


Sanjay Menon appointed Managing Director of Sapient India

  • Sapient on 28 February 2017 appointed Sanjay Menon as the Managing Director (MD) of its India operations.
  • Menon will take over the new role from Rajdeep Endow. However, Menon will continue to serve as Global Head of Service Lines for SapientRazorfish.
  • Menon will drive the strategy, capability development and growth of Sapient's India presence. He will also maintain its status as hub of the company's globally distributed delivery network.


Neil Gaiman appointed UNHCR Goodwill Ambassador


  • The United Nations High Commissioner for Refugees (UNHCR) in the third week of February 2017 appointed Neil Gaiman as a global Goodwill Ambassador. 
  • Gaiman is an internationally acclaimed author. He had been working closely with UNHCR since 2013.
  • Neil Gaiman is an English author of short fiction, novels, comic books, graphic novels, audio theatre and films.
  • He is noted for the comic book series The Sandman and novels Stardust, American Gods, Coraline, and The Graveyard Book.
  • He is the first author to win both the Newbery and the Carnegie medals for the same work, The Graveyard Book.


Sports:

Jitu Rai wins bronze in shooting World Cup


  • Ace pistol shooter Jitu Rai staged a remarkable comeback to clinch the bronze medal in the 10m air pistol event for India’s fourth podium finish in the ongoing ISSF World Cup here today.
  • The 29—year—old shot a total of 216.7 in the eight—man final to finish third on the podium.
  • The Asian Games and World Championships silver—medallist was languishing at the seventh position after the end of the first competition series that included an 8.8.
  • But he clawed his way back with two 10.6 and a 10 in the second competition series. At the end of that series, Rai was placed sixth with a total of 98.7.
  • He managed to maintain the status quo even as the final entered the elimination stage at the Dr Karni Singh Shooting Range. He shot two 10s in the following shots to continue his gradual ascent.
  • The Army man roared back to contention with a couple of 10.6 and ensured a bronze with a 9.9, finishing ahead of China’s Zhanyi Xu (197.9).


Kohli named captain of the year at ESPNcricinfo awards

  • Indian national cricket team captain, Virat Kohli was named the ‘Captain of the Year’ at the 10th annual ESPN cricinfo awards.
  • The winners were decided by an independent jury comprising some of the world renowned former cricketers including Ian Chappell, Aakash Chopra, Mahela Jayawardene, Iain O'Brien, Courtney Walsh, Ramiz Raja and the Editor-in-chief, Assistant editor and senior correspondents of ESPNcricinfo.
  • While Kohli won the esteemed title for his impressive tally of leading India to nine wins from a total of 12 tests, England’s Ben Stokes won the title of ‘Test Batting Performance of the Year’ for his incredible innings of 258 runs off 198 balls against South Africa in Cape Town.
  • Another English player, Stuart Broad was honoured with the ‘Test Bowling Performance of the Year’ award for the second year in a row for taking 6 wickets and giving away just 17 runs in England’s third test against South Africa in Johannesburg.


Days:

National Science Day observed on 28 February

  • National Science Day was observed across India on 28 February 2017. The year’s theme for the day is "Science and Technology for Specially Abled Persons”.
  • The day is observed to mark the discovery of the Raman Effect ( a phenomenon of scattering of photons) by Indian physicist Sir Chandrasekhara Venkata Raman on 28 February 1928.
  • For his path-breaking discovery, CV Raman was knighted in 1929 and awarded the Nobel Prize in 1930. This was the first Nobel Prize won by an Indian or any Asian in the field of Science.
  • The second objective behind celebrating 28 February as the National Science Day is to spread a message about science and its importance in the daily life of the people.


Obituaries:

Former Union Minister P. Shiv Shankar passes away

  • Former Union Minister P. Shiv Shankar passed away on 27 February 2017 after a prolonged illness. He was 87.
  • In his political career spanning over three decades, P. Shiv Shankar served as External Affairs and Human Resource Development Minister.


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Major Changes in SSC CGL, CHSL and MTS Prelims Exam 2017

Hello and welcome to exampundit. SSC has updated the prelims pattern of SSC CGL, CHSL and MTS Exams 2017


They stated:

Candidates may refer to para 16(a),(b) & (c) of the Advertisement Notice No. CR- 01/2016 uploaded on the Region’s website on 03.09.2016.

(a) For posts with Matriculation as EQ, the examination will have 150 Questions carrying one mark each, on the four components given below:-

  • General Intelligence & Reasoning : 25 Questions 
  • Numerical Aptitude : 25 Questions 
  • General English : 50 Questions 
  • General Awareness : 50 Questions 


(b) For posts with Higher Secondary as the EQ, Examination will have 200 Questions carrying one mark each as indicated below:-

  • General Intelligence & Reasoning : 50 Questions 
  • Numerical Aptitude : 50 Questions 
  • General English : 50 Questions 
  • General Awareness : 50 Questions 



(c) For posts with Graduation in any subject & Graduate/Post Graduate Degree ( with specialization in any subject) as the EQ, the Examination will have 200 questions, each carrying one mark, on the following subjects:-

  • General Intelligence & Reasoning : 50 Questions 
  • Numerical Awareness : 50 Questions 
  • Quantitative Aptitude : 50 Questions 
  • English Comprehension : 50 Questions  


There will be negative marking of 0.25 marks for each wrong answer.


For Prelims:

There will be Computer Based Mode of Examinations consisting of Objective/Multiple Choice Questions, separately for posts with minimum Educational Qualification of Matriculation, Higher Secondary and Graduation and above levels. The details of subjects for Questions, marks and number of Questions subject-wise

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Current Affairs Quiz 2017 - February - Set 4 | Financial, Banking, Appointments etc.




Hello and welcome to exampundit. Here is the fourth set of Current Affairs Quiz 2017.

1. With which of the following state did Microsoft recently ink an MoU to leverage cloud technologies to drive the state’s digital ambitions?
1) Madhya Pradesh
2) Gujarat
3) Goa
4) Jharkhand
5) Assam

2. Who among the following developed BharatQR code?
I. Reserve Bank of India
II. National Payments Corporation of India (NPCI)
III. MasterCard
IV. Visa
1) I, II and III
2) II and III
3) I and III
4) II, III and IV
5) All I, II, III and IV

3. Which of the following exchange did recently sign a Singapore Diamond Investment Exchange (SDiX) MoU for establishing areas of cooperation between the two exchanges?
1) Bombay Stock Exchange
2) National Stock Exchange
3) Multi Commodity Exchange of India
4) Calcutta Stock Exchange
5) India International Exchange

4. With which of the following company did Tata Motors recently sign a strategic agreement to leverage IoT & AI?
1) Infosys
2) IBM
3) Intel
4) Microsoft
5) Google

5. Which of the following bank recently launched Batuaa (mobile wallet)?
1) Punjab National Bank
2) Oriental Bank of Commerce
3) Bank of Baroda
4) Allahabad Bank
5) Central Bank of India

6. How much amount of soft loan did India sanction to Nepal for development programmes?
1) USD 340 million
2) USD 250 million
3) USD 300 million
4) USD 350 million
5) USD 240 million

7. Health Secretary launched ‘SAATHIYA’ Resource Kit on 20 February, 2017 for which of the following purpose?
1) adolescent health services
2) information regarding various vaccines
3) drug information services
4) health services for senior citizen
5) none of these

8. With which of the following nation did India recently sign a MoU in innovation aviation and visa requirements?
1) Senegal
2) Greece
3) Canada
4) Netherlands
5) Rwanda

9. T C A Ranganathan was recently appointed as nonexecutive chairman of _________.
1) Punjab National Bank
2) Indian Overseas Bank
3) Bank of India
4) Vijaya Bank
5) Bank of Baroda

10. Vikas Swarup appointed as High Commissioner of India to __________.
1) Germany
2) United States of America
3) Canada
4) United Kingdom
5) Belgium

11. The Indian Panorama Film Festival commenced on 15 February 2017 in which state?
1) Goa
2) Gujarat
3) Chhattisgarh
4) Andaman & Nicobar Islands
5) Madhya Pradesh

12. What was India’s rank in the 2017 Index of Economic Freedom?
1) 143rd
2) 146th
3) 148th
4) 133rd
5) 149th


Solutions - Tap to show

  1. 4) Jharkhand
  2. 5) All I, II, III and IV
  3. 3) Multi Commodity Exchange of India
  4. 4) Microsoft
  5. 2) Oriental Bank of Commerce
  6. 1) USD 340 million
  7. 1) adolescent health services
  8. 5) Rwanda
  9. 2) Indian Overseas Bank
  10. 3) Canada
  11. 4) Andaman & Nicobar Islands
  12. 1) 143rd 





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New Pattern English Quiz for Upcoming Bank Exams 2017 - Set 2


Hello and welcome to exampundit. Here is a set of English Language Quiz based on the new pattern for the upcoming Bank Exams.

Below are given five sentences. You have to read each of them carefully and find out the odd sentence among the given sentences and mark your answer accordingly.


1.(A) The wider US-China relationship has many diplomatic, strategic and military thorns, even though the two countries are tightly embraced in an economic relationship.
(B) China’s tremendous growth has been partly possible because of access to US markets for its exports, and US investments into manufacturing capacity in China.
(C) America has followed a “one China” policy and hence officially deals with Beijing, even though there are economic linkages with Taiwan.
(D) US President-elect Donald Trump appointed his son-in-law Jared Kushner as his senior advisor that would make him one of the most powerful individuals in the incoming White House.
(E) But Trump says he is not sure why US should follow the policy.


2. (A) According to a UN study, the world economy will transition to an innovation based in one decade.
(B) India has huge entrepreneurial talent and an edge in innovative solutions because of its population strength and cost advantage.
(C) In an innovation-deprived cycle, the problems of impoverished communities become chronic, and eventually deadlocked.
(D) Globally, the ILO reckons that the number of jobless people will increase by 3.4 million in 2017, in its report on World Employment and Social Outlook for 2017.
(E) Globally, a 70million entrepreneurs would be required, of which India should contribute 10 million, which is a long way from 10,000 that India have today.


3. (A) Through his speech he created a magical space, an epiphany on the power of the people and people in power.
(B) These releases and the public propaganda by Russian regime, the report suggests, undercut the campaign of the democratic candidate, Hilary Clinton.
(C) Being a talented speaker, he could combine many messages and performances to create a memorable moment.
(D) It was an eloquent moment enacted with a full sense of almost operatic power.
(E) A moment of departure is a moment of remembrance.


Read the given passage carefully and find out the probable central theme of the given passage.

4. The new school of political history that emerged in the 1960’s and 1970’s sought to go beyond the traditional focus of political historians on leaders and government institutions by examining directly the political practices of ordinary citizens. Like the old approach, however, this new approach excluded women. The very techniques these historians used to uncover mass political behavior in the nineteenth-century United States—quantitative analyses of election returns, for example—were useless in analyzing the political activities of women, who were denied the vote until 1920. By redefining “political activity,” historian Paula Baker has developed a political history that includes women. She concludes that among ordinary citizens, political activism by women in the nineteenth century prefigured trends in twentieth-century politics. Defining “politics” as “any action taken to affect the course of behavior of government or of the community,” Baker concludes that, while voting and holding office were restricted to men, women in the nineteenth century organized themselves into societies committed to social issues such as temperance and poverty. In other words, Baker contends, women activists were early practitioners of nonpartisan, issue-oriented politics and thus were more interested in enlisting lawmakers, regardless of their party affiliation, on behalf of certain issues than in ensuring that one party or another won an election. In the twentieth century, more men drew closer to women’s ideas about politics and took up modes of issue-oriented politics that Baker sees women as having pioneered.
(A)  enumerate reason why both traditional scholarly methods and newer scholarly methods have limitations
(B)  identify a shortcoming in a scholarly approach and describe an alternative approach
(C)  provide empirical data to support a long-held scholarly assumption
(D)  compare two scholarly publications on the basis of their authors’ backgrounds
(E)  attempt to provide a partial answer to a long-standing scholarly dilemma


5. From a vantage point in space, an observer could see that the Earth is engaged in a variety of motions. First, there is its rotation on its own axis, causing the alternation of day and night. This rotation, however, is not altogether steady. Primarily because of the moon’s gravitational action, the Earth‘s axis wobbles like that of an ill-spun top. In this motion, called ‘precession’, the North and South Poles each traces out the base of a cone in space, completing a circle every 25,800 years, In addition, as the Sun and the Moon change their positions with respect to the Earth, their changing gravitational effects result in a slight ‘nodding’ of the earth’s axis, called ‘mutation’, which is superimposed on precession. The Earth completes one of these ‘nods’ every 18.6 years. The earth also, of course, revolves round the Sun, in a 6-million mile journey that takes 365.25 days. The shape of this orbit is an ellipse, but it is not the center of the Earth that follows the elliptical path. Earth and Moon behave like an asymmetrical dumb-bell, and it is the center of mass of this dumb-bell that traces the ellipse around the sun. The center of the Earth-Moon mass lies about 3000 miles away from the center of the Earth, and the Earth thus moves in an S-curve that crosses and re-crosses its orbital path. Then too, the Earth accompanies the sun in the sun’s movements: first, through its local star cloud, and second, in a great sweep around the hub of its galaxy, the Milky Way that takes 200 million years to complete.
(A)  The various types of the Earth’s motions
(B)  Past changes in the Earth’s position
(C)  The moon gravitational effect on the earth
(D)  Oddities of the Earth’s rotation of its axis.
(E)  none of these


6. As the economic role of multinational, global corporations expands, the international economic environment will be shaped increasingly not by governments or international institutions, but by the interaction between governments and global corporations, especially in the United States, Europe, and Japan. A significant factor in this shifting world economy is the trend toward regional trading blocs of nations, which has a potentially large effect on the evolution of the world trading system. Two examples of this trend are the United States-Canada Free Trade Agreement (FTA)  and Europe 1992, the move by the European Community (EC)  to dismantle impediments to the free flow of goods, services, capital, and labor among member states by the end of 1992. However, although numerous political and economic factors were operative in launching the move to integrate the EC’s markets, concern about protectionism within the EC does not appear to have been a major consideration. This is in sharp contrast to the FTA; the overwhelming reason for that bilateral initiative was fear of increasing United States protectionism. Nonetheless, although markedly different in origin and nature, both regional developments are highly significant in that they will foster integration in the two largest and richest markets of the world, as well as provoke questions about the future direction of the world trading system.
(A)  describe an initiative and propose its continuance
(B)  chronicle a development and illustrate its inconsistencies
(C)  identify a trend and suggest its importance
(D)  summarize a process and question its significance
(E)  report a phenomenon and outline its probable future


7. In Forces of Production, David Noble examines the transformation of the machine-tool industry as the industry moved from reliance on skilled artisans to automation. Noble writes from a Marxist perspective, and his central argument is that management, in its decisions to automate, conspired against labor: the power that the skilled machinists wielded in the industry was intolerable to management. Noble fails to substantiate this claim, although his argument is impressive when he applies the Marxist concept of “de-skilling”—the use of technology to replace skilled labor—to the automation of the machine-tool industry. In automating, the industry moved to computer-based, digitized “numerical-control” (N/C)  technology, rather than to artisan-generated “record-playback” (R/P)  technology. Although both systems reduced reliance on skilled labor, Noble clearly prefers R/P, with its inherent acknowledgment of workers’ skills: unlike N/C, its programs were produced not by engineers at their computers, but by skilled machinists, who recorded their own movements to “teach” machines to duplicate those movements. However, Noble’s only evidence of conspiracy is that, although the two approaches were roughly equal in technical merit, management chose N/C. From this he concludes that automation is undertaken not because efficiency demands it or scientific advances allow it, but because it is a tool in the ceaseless war of capitalists against labor.
(A)  reexamining a political position and defending its validity
(B)  examining a management decision and defending its necessity
(C)  analyzing a scholarly study and pointing out a central weakness
(D)  explaining a trend in automation and warning about its dangers
(E)  chronicling the history of an industry and criticizing its development


8.Which of the following is farthest in meaning to Absquatulate?
(A) levant
(B) decamp
(C) bolt
(D) make off


9.Which of the following is farthest in meaning to Acerbic?
(A) vicious
(B) mordacious
(C) scathing
(D) bland
(E) pungent


10.Which of the following is most similar in meaning to Antediluvian?
(A) newfangled
(B) contemporaneous
(C) vernal
(D) primordial
(E) topical




Solutions - Tap to show

  1. D
  2. D
  3. B
  4. A
  5. A
  6. C
  7. C
  8. E
  9. D
  10. D









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New Coding Decoding Problems in Reasoning - Set 1


Hello and welcome to exampundit. Here is a set of New Coding Decoding Problems in Reasoning.


Study the following information carefully and answer the questions that follow.
‘she is studying’ is coded as ‘39studyint 27shv 28ih’
‘girls like drawing’ is coded as ‘21likv 22drawint 16girlh’
‘boys are playing’ is coded as ‘28playint 19arv 17boyh’

1. Which of the following is the code for ‘boys like studying’?
a) 39studyint 21likes 17boyh
b) 17boyh 29likv 21studyint
c) 17boyh 29studyint 21kikv
d) 21likv 17boyh 39studyint
e) cannot be determined


2. Which of the following is the code for ‘girls like playing’?
a) 21playint 16likv 28girlt
b) 28likv 16girlt 21playint
c) 21girlt 16playint 28likv
d) 28playint 21likv 16girlh
e) none of these


3. Which of the following is the code for ‘reasoning is fun’?
a) 28ih 27reasonint 27fum
b) 23reasonint 27fum 28ih
c) 27fun 23reasonint 28ih
d) cannot be determined
e) none of these


4. Which of the following is the code for ‘like poles repel’?
a) 21likv 31repeo 23polet
b) 31repeo 21polet 23likv
c) 21likv 23repeo 31polet
d) cannot be determined
e) none of these


5. Which of the following is the code for ‘shreya likes watching movies’?
a) 28moviet 21likeh21watchint 27shreyz
b) 21likes 28movies 27shreya 24watching
c) 21likeh 28moviet 27shreyz 24wathint
d) 24watchint 21likeh 27shreyz 28moviet
e) none of these


Solutions - Tap to show

  1. D
  2. D
  3. B
  4. E
  5. E
Logic for coding decoding:
Firstly, the numeric value before respective codes is the addition of numeric value of the first two alphabets in the respective word followed by the word itself where the last alphabet in the word is replaced by its reversal

For example - 'studying' is coded as '39studyint'
39= 19(S)+20(T)

and 'g' is replaced by its reversal 't'












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IBPS PO VI Mains Marks - Scores for Selected Candidates


Hello and welcome to exampundit. IBPS will be activating the link to view the marks of the candidates shortlisted.

You will have to go to the below link to view your marks.

:: CLICK TO VIEW MARKS ::

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100 New Words PDF - Use, Definition and Synonyms


Hello and welcome to exampundit. Here is a PDF containing 100 new words with Use and Synonyms.

The words are taken from various news paper like The Hindu, The Hindu Businessline, Financial Times and Financial Express.

CLICK TO DOWNLOAD PDF



New words will be shared soon!






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Ask The Mentor - 28 February, 2017


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.

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

Active Mentors:
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1) 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
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Monday, February 27, 2017

Current Affairs Update – 24-27 February, 2017

Hello and welcome to exampundit. Here are the important Current Affairs from 24 to 27 February, 2017. These are important for the upcoming SBI PO Mains, NIACL Assistant and NICL AO 2017 Exams.

Current Affairs at a Glance - 24-27 February, 2017 - Click/Tap to show
  1. Hewlett Packard Enterprise (HPE) on Monday announced that it was working with Tata Communications to support the rollout of India's first LoRaWAN (LoRa)-based network.
  2. After seeing an unmatchable success with its mobile wallet, Paytm is now expanding its reach in the e-commerce segment. While the Paytm app itself offered a bunch of booking, buying and renting facilities, the company has now launched a dedicated app and website, Paytm Mall, for the online marketplace business. Presently, the app is only available on Android, but is expected to be launched on iOS soon.
  3. India and Asian Development Bank (ADB) on 24 February 2017 signed USD 375 million loan agreement to develop 800 km long Visakhapatnam-Chennai Industrial Corridor.
  4. Kolkata-based United Bank of India (UBI) has launched a railway ticket booking facility by having a direct tie-up IRCTC.
  5. India and Bangladesh on 24 February 2017 signed Memorandum of Understanding (MoU) to provide financial assistance to Bangladesh for sustainable development of Sylhet, a north-eastern Bangladeshi city.
  6. Chief minister Shivraj Singh Chouhan inaugurated country's first post office passport service centre in Vidisha, on Saturday. He said that the centre will complete scrutiny and approval of passport applications in a day and provide passport to applicants in three days.
  7. The Chief Minister of Rajasthan, Vasundhara Raje inaugurated a medical project called Rajasthan Heart Attack Treatment programme (RAHAT), launched by Eternal Heart Care Center Hospital in Jaipur, on 25 February 2017.
  8. Senior diplomat Gopal Baglay was today appointed Spokesperson in the External Affairs Ministry succeeding Vikas Swarup, who was made India's new High Commissioner to Canada.
  9. The 89th Academy Awards, popularly called Oscar Awards, were conferred on 26 February 2017 (27 February 2017 as per Indian time).  Movie La La Land received the most nominations with a record-tying fourteen. Best Picture was awarded to Moonlight.
  10. The National Aeronautics and Space Administration (NASA) plans to send its first robotic spacecraft to the Sun in 2018.
  11. FORPHEUS, the world’s first robot table tennis tutor has created a new Guinness World Record with its extraordinary technological intelligence and educational capabilities.
  12. The Central Board of Excise and Customs (CBEC) on 24 February 2017 celebrated the Central Excise Day across the country.



Financial and Banking News:

HPE, Tata Communications to build largest IoT network in India


  • At the ongoing Mobile World Congress here, Hewlett Packard Enterprise (HPE) on Monday announced that it was working with Tata Communications to support the rollout of India's first LoRaWAN (LoRa)-based network.
  • It is part of Tata Communications' strategy of creating mobile platforms and ecosystems that enable its customers and partners to connect people and Internet of Things (IoT)-connected devices on a global scale.
  • The first phase of the roll-out targets Tier 1, 2, 3 and 4 cities in India, touching over 400 million people.
  • With successful field trials in Mumbai, Delhi and Bengaluru, there are also 35 proof-of-concept applications in trial on the network.

Paytm launches new e-commerce platform ‘Paytm Mall’


  • After seeing an unmatchable success with its mobile wallet, Paytm is now expanding its reach in the e-commerce segment. While the Paytm app itself offered a bunch of booking, buying and renting facilities, the company has now launched a dedicated app and website, Paytm Mall, for the online marketplace business. Presently, the app is only available on Android, but is expected to be launched on iOS soon.
  • Paytm Mall has over 1.4 million sellers on board for the platform, across categories like fashion, electronics, consumer durables and home furnishings among others. Also, reassuring quality standards, Paytm claims that only trusted sellers passing strict quality guidelines and qualification criteria will be allowed on the ‘Mall’. All products listed on the mall will also go through Paytm certified warehouse and shipping channels ensuring guaranteed consumer trust.

India, ADB sign USD 375 million pact to develop Visakhapatnam-Chennai Industrial Corridor


  • India and Asian Development Bank (ADB) on 24 February 2017 signed USD 375 million loan agreement to develop 800 km long Visakhapatnam-Chennai Industrial Corridor.
  • This 800 km long Visakhapatnam-Chennai Industrial Corridor is the first phase of a planned 2500 km East Coast Economic Corridor. Earlier in September 2016, ADB approved USD 631 million loan for the industrial corridor.
  • Moreover, ADB also signed USD 5 million loan agreement under the Urban Climate Change Resilience Trust Fund that is managed by ADB to build climate change resilient infrastructure.
Highlights of the agreement

  • The loan comprises a total of USD 500 million multitranche facility to build key infrastructure in the four main centres along the corridor including Visakhapatnam, Kakinada, Amaravati, and Srikalahasti (Yerpedu) in Andhra Pradesh.
  • The first tranche of USD 245 million will finance subprojects to develop high-quality internal infrastructure in two corridors- Visakhapatnam and Srikalahasti.
  • It also encompasses USD 125 million policy based loan that will be used for capacity development of institutions engaged in corridor management.
  • It will also provide support to enhance ease of doing business and for supporting industrial and sector policies to stimulate industrial development. 

Sixty Four Indian exporters take part in Gulfood 2017


  • The world’s largest annual food event, Gulfood 2017 was officially inaugurated by the Deputy Ruler of Dubai and UAE Minister of Finance, Shaikh Hamdan Bin Rashid Al Maktoum at the Dubai World Trade Centre (DWTC) on 26 February 2017.
  • The five-day exhibition, which will continue till 2 March 2017, is expected to witness participation from over 90,000 food professionals from 150 countries across the world.
Key Highlights

  • Among the exhibitors are 64 Indian exporters dealing in a range of Agriculture and Processed Food products.
  • The exporters are participating under the banner of the Agricultural and Processed Food Products Export Development Authority (APEDA).
  • The organisation falls under the Indian Ministry of Commerce & Industry.
  • The APEDA pavilion was inaugurated by Commerce Secretary, Rita Teaotia.
  • APEDA is responsible for the promotion and development of the export of various Agricultural products.

UBI ties up with IRCTC to launch railway booking facility


  • Kolkata-based United Bank of India (UBI) has launched a railway ticket booking facility by having a direct tie-up IRCTC.
  • The facility was launched on February 21.
  • Post the introduction of this facility, UBI customers can now book railway tickets seamlessly through IRCTC website using the bank’s debit card, it said in a release.

India to provide financial assistance to Bangladesh for development of Sylhet city


  • India and Bangladesh on 24 February 2017 signed Memorandum of Understanding (MoU) to provide financial assistance to Bangladesh for sustainable development of Sylhet, a north-eastern Bangladeshi city.
  • Under the MoU three development projects will be taken up in Sylhet. These projects will be developed at an expense of around Taka 240 million.
  • Projects for which financial aid will be provided under the tripartite agreement are
  • India will provide financial aid for construction of a five-storey Kinder Garten and High School Building
  • Financial aid will be provided for construction of a six-storey cleaner colony building
  • Financial aid will be provided for some development work in Dhupa Dighirpar area

Non-financial news related to India and States:

Vidisha gets India’s first post office passport centre


  • Chief minister Shivraj Singh Chouhan inaugurated country's first post office passport service centre in Vidisha, on Saturday. He said that the centre will complete scrutiny and approval of passport applications in a day and provide passport to applicants in three days.
  • Speaking on the occasion, he said that after 38 years, the state is getting passport service centres in Indore and Vidisha. To recall, the then external affairs minister Atal Bihari Vajpayee had inaugurated the regional passport office in Bhopal, on October 17, 1978.
  • Chouhan, Lok Sabha Speaker Sumitra Mahajan and minister of state for external affairs General V K Singh had inaugurated the PSLK in Indore, which is second in state and 90th in India. It will function as an extended arm of the Bhopal office. Officials said that applicants from Raisen, Guna, Ashok Nagar, Sagar and Damoh districts will be facilitated at PSLK in Vidisha.
  • Initially, 100 appointments will be released per day and the numbers will be increased gradually as per need, they said.
  • Minister of state (Independent) for horticulture Surya Prakash Meena and MP from Sagar Laxminarayan Yadav were also present at the function in Vidisha.

RAHAT medical project launched in Rajasthan


  • The Chief Minister of Rajasthan, Vasundhara Raje inaugurated a medical project called Rajasthan Heart Attack Treatment programme (RAHAT), launched by Eternal Heart Care Center Hospital in Jaipur, on 25 February 2017.
  • The programme involves creation and management of a telemedicines platform to treat ST-Elevation Myocardial Infarction (STEMI), a very serious type of heart attack.
  • The telemedicines platform will help capture and transmit patient's EKG along with clinical history from remote geographical locations to the heart command center (HCC) hub, where a team of expert cardiologists will provide an immediate interpretation of the EKG and real time STEMI guidance and management through tele-consultation after instantly recognising the EKG abnormalities.

PM Modi unveils 112 ft bust of 'Adiyogi'


  • Prime Minister Narendra Modi on 24 February 2017 unveiled the 112-foot bust of ‘Adiyogi’ or Lord Shiva at the Isha Yoga Center in Coimbatore. The statue is located in the foothills of Velliangiri Mountains in the Western Ghats.
  • Interesting fact: The bust was unveiled on the occasion of the Maha Shivaratri, a Hindu festival celebrated annually in honour of the god Shiva.
  • The bust of the Adiyogi was built in eight months by an NGO Isha Foundation. The foundation said the iconic 112-ft face of the first yogi was consecrated in celebration of the 112 methods that Lord Shiva offered towards self-transformation.
  • Before inaugurating the metallic statue face of Lord Shiva, Modi visited the Isha yoga centre and attended the Pancha Bhuta Aradhana function.

Bet Dwarka Darshan Circuit to be developed under HRIDAY


  • Union Ministry of Urban Development on 23 February 2017 approved the development of 6-kilometer-long Bet Dwarka Darshan Circuit in Gujarat. The circuit will be developed at an expense of Rs 16.27 crore under the Central Scheme ‘Heritage City Development and Augmentation Yojana (HRIDAY)’.
  • The Bet Dwarka Darshan Circuit that connects the famous Dwarkadish Haveli and Hanuman Dandi was approved by the HRIDAY National Empowered Committee chaired by Rajiv Gauba, Secretary (UD). Hanuman Dandi is the only temple housing Hanumanji and his son Makardhwaj, in Dwarka district of Gujarat.
  • Launched on 21 January 2015, the National Heritage Development and Augmentation Yojana (HRIDAY) seek to preserve and rejuvenate the rich cultural heritage of the country. It was launched by the Union Minister of Urban Development M Venkaiah Naidu.

Appointments:

Gopal Baglay appointed MEA Spokesperson


  • Senior diplomat Gopal Baglay was today appointed Spokesperson in the External Affairs Ministry succeeding Vikas Swarup, who was made India's new High Commissioner to Canada. A 1992-batch officer of Indian Foreign Service, Baglay was handling the sensitive PAI (Pakistan-Afghanistan-Iran) division in the ministry till now.
  • Apart from Spokesperson, his designation would also be Joint Secretary External Publicity (XP).
  • Baglay has held many key positions including Director, XP, Director PAI and Indian Deputy High Commissioner to Pakistan. Mittal, who joined the IFS in 1998, has since served in Bangladesh, Egypt and Israel in various capacities and as Consul General in Ho Chi Minh City, Vietnam. His last position was as Joint Secretary in CPV (Consular, Passport and Visa) division.

Awards & Honors:

Oscar Awards 2017 conferred; La La Land won maximum awards


  • The 89th Academy Awards, popularly called Oscar Awards, were conferred on 26 February 2017 (27 February 2017 as per Indian time). The award ceremony was held at the Dolby Theatre in Hollywood, Los Angeles.
  • Comedian Jimmy Kimmel hosted the awards ceremony.
  • The Oscar Awards for the year 2017 were presented by the Academy of Motion Picture Arts and Sciences (AMPAS) in 24 categories.
  • The nominees for the 89th Oscar Awards were announced on 24 January 2017, via global live stream from the Academy. Movie La La Land received the most nominations with a record-tying fourteen.

    1. Best Picture: Moonlight
    2. Best Actor: Casey Affleck for Manchester by the Sea
    3. Best Actress: Emma Stone for La La Land
    4. Best Director: Damien Chazelle for La La Land
    5. Best Supporting Actor: Mahershala Ali for Moonlight
    6. Best Foreign Language Film: The Salesman (Iran) in Persian

World News:

NASA may send robotic spacecraft to Sun in 2018


  • The National Aeronautics and Space Administration (NASA) plans to send its first robotic spacecraft to the Sun in 2018.
  • The Solar Probe Plus mission, which is going to be NASA’s first to the Sun, is expected to get within six million kilometres of the Sun to probe its atmosphere.The Sun is about 149 million kilometres from the Earth.
  • According to Eric Christian, a NASA research scientist at the Goddard Space Flight Centre, though the spacecraft would not be able to get to the surface of the Sun it would definitely get close enough to answer three very important questions.

World’s first robot table tennis tutor sets new Guinness World record


  • FORPHEUS, the world’s first robot table tennis tutor has created a new Guinness World Record with its extraordinary technological intelligence and educational capabilities.
  • The Japanese technology has been given the Guinness title for being able to play table tennis way better than most humans.
  • FORPHEUS is short for Future Omron Robotics Technology for Exploring Possibility of Harmonised automation with Sinic Theoretics.
  • It has been developed by Omron Corporation, a leading electronics company based in Kyoto, Japan.
  • According to its lead developer, Taku Oya, the main aim behind the technology is to harmonise humans and robots by teaching table tennis to human players.

Sports News:

Jo-Wilfried Tsonga defeats Lucas Pouille to win 2017 Open 13


  • Second-seeded Jo-Wilfried Tsonga on 26 February 2017 defeated Frenchman Lucas Pouille 6-4, 6-4 to win the 2017 Open 13.
  • The final, played in Marseille, France, was Tsonga's ninth victory in a row. He executed seven aces against Pouille and managed to maintain his serve without a break.

John-John Dohmen, Naomi Van named best hockey players of 2016


  • FIH Hockey Stars Awards 2016 were conferred on 23 February 2017 in Chandigarh. This was the first time in the history of Hockey that the ceremony was held to honour the best players, rising stars, goalkeepers, umpires and coaches.
  • Belgium captain John-John Dohmen and Netherlands' Naomi Van were named as male and female International Hockey Federation's (FIH) Player of the Year (2016) awards respectively.
  • The Olympic silver medallists Dohmen and Naomi were handed these awards at a ceremony hosted in Chandigarh.

61 CAVALRY defeats Army Service Corps to win Army Polo Championship


  • 61 CAVALRY on 24 February 2017 bagged the Army Polo Championship. In the finals played in New Delhi, 61 CAVALRY defeated Army Service Corps.
  • The famous Army Polo Championship that commenced on 31 January 2017 saw participation from Corps of Artillery, Remount and Veterinary Corps and Armored Corps.
  • Army has dominated Equestrian Sports for a long time producing a large number of Asian Games medalists, World Cup players, Padam Shree and Arjuna awardees and is pursuing it as part of its Mission Olympics programme. At the same time, the 61 CAVALRY regiment has a polo playing tradition and has produced some of India's best polo players.

Days:

Revolutionary freedom fighter Chandrashekhar Azad’s martyrdom day observed


  • Chandra Shekhar Azad, the Indian revolutionary freedom fighter, was in news on 27 February 2017. He came in news on his 86th martyrdom day.
  • On this occasion, Prime Minister Narendra Modi paid homage to Chandrashekhar Azad. In his tweet, Modi said, we can never forget his valour and ultimate sacrifice for our nation.

Central Excise Day celebrated on 24 February 2017


  • The Central Board of Excise and Customs (CBEC) on 24 February 2017 celebrated the Central Excise Day across the country.
  • To mark the occasion, the Central Excise officers all over the country organized seminars, workshops, trade interactions and cultural events.
  • The Central Excise Day is celebrated every year to commemorate the Central Excise and Salt Act, which was enacted on 24 February 1944.







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