Monthly Archives: July 2018

31 Jul

Banking Awareness – Questions on Banking Industry for Government Exams

Banking Awareness – Questions/MCQs on Banking Industry for Government Exams:

🎽First bank to introduce internet banking: ICICI bank
🎽First bank to introduce mutual fund: State Bank of India
🎽First bank to introduce credit card in India: Central Bank of India
🎽Which cards are known as plastic money – Credit Cards.
🎽Open market operations are carried out by – RBI
🎽Capital market regulator is – SEBI
🎽Largest Commercial bank in India – State Bank of India
🎽The International Bank for Reconstruction and Development (IBRD) is known as – World Bank
🎽India’s First Financial Archive has been set up at – Kolkata
🎽CRR, SLR, Repo Rate, Reverse Repo rate are decide by RBI
🎽Savings banks interest rates, fixed deposit interest rates, Loan Rates etc. are decided by individual banks
🎽The bank which has launched Mobile Bank Accounts in association with Vodafone’s m –paisa – HDFC Bank
🎽Minimum money transfer limit through RTGS: 2 Lakhs
🎽Maximum money transfer limit through RTGS: No Limit
🎽Minimum & Maximum money transfer limit through NEFT: No Limit
🎽NABARD was established in – July, 1982
🎽Largest Public sector bank in India – SBI
🎽Largest Private sector bank in India – ICICI Bank
🎽Largest Foreign bank in India – Standard Chartered Bank
🎽First Indian bank to open branch outside India i.e. London in 1946: Bank of India
🎽First RRB named Prathama Grameen Bank was started by: Syndicate Bank
🎽First Bank to introduce ATM in India: HSBC in1987, Mumbai
🎽Bank of Baroda has the maximum number of overseas branches
🎽SBI holds the second position with maximum number of overseas branches
🎽First bank established in India: Bank of Hindustan in 1770
🎽Second bank: General Bank of India, 1786
🎽Oldest bank in India originated in the Bank of Calcutta in June 1806 which was still in existence – State Bank of India
🎽State Bank of India merged with three banks namely Bank of Bengal, Bank of Bombay and Bank of Madras in 1921 to form the Imperial bank of India which was converted as State Bank of India

🎽First Indian bank got ISO: Canara Bank
🎽First India bank started solely with Indian capital investment is PNB (Punjab National Bank)
🎽Founder of Punjab National Bank is Lala Lajpat Rai
🎽Reserve bank of India (RBI) was instituted in 1935
🎽First governor of RBI: Mr.Osborne Smith
🎽First Indian Governor of RBI: Mr. C D Deshmukh
🎽First bank to introduce savings account in India: Presidency Bank in 1833
🎽First bank to introduce cheque system in India: Bengal Bank in 1833

20 Jul

5 Public Sector Banks to get Rs 11,336-cr capital infusion

The Finance Ministry today approved the infusion of Rs. 11,336 crore in five Public Sector Banks namely Punjab National Bank (PNB), Allahabad Bank, Corporation Bank, Andhra Bank and Indian Oversease Bank (IOB). This move will help them meet regulatory capital requirement.
This is the first ever capital infusion in the current fiscal and the remaining amount of Rs 53,664 crore would be disbursed during the course of the year.

As per the approval, the Nirav Modi Scam hit Punjab National Bank (PNB) is going to get the highest amount of Rs 2,816 crore out, followed by Allahabad Bank, which is going to get Rs 1,790 crore.

The medium-sized public sector bank, Andhra Bank is going to get Rs 2,019 crore, and Indian Overseas Bank will get Rs 2,157 crore followed by Corporation Bank – Rs 2,555 crore.

The infusion would be part of remaining Rs 65,000 crore out of Rs 2.11 lakh crore capital infusion over two financial years.

The government announced Rs 2.11 lakh crore capital infusion programme October last year. As per the plan, the public sector banks (PSBs) were to get Rs 1.35 lakh crore through re-capitalisation bonds, and the balance Rs 58,000 crore through raising of capital from the market.

20 Jul

SBI Recruitment for Two(2) Year Research Fellowship 2018

State Bank of India (SBI) is inviting online applications from eligible candidates for 2 Year Post Doctoral Research Fellowship for the year 2018.

The number of vacancies for the recruitment are 5 in total. You can apply online from 16th July 2018 to 30th July 2018 and should sent hard copy of application to SBI, CRPD, Corporate Centre, Mumbai by 7th August 2018. Check out complete details below. All the Best.

Name of the Bank : State Bank of Indai (SBI)

Name of the Post : Post Doctoral Research Fellow

Vacancy Details :
General – 5 Posts
Total – 5 Posts
Age :
Minimum : 28 Years
Maximum : 40 Years
Important Dates :
Starting Date of Online Registration : 16th July 2018
Last Date for Online Registrations : 30th July 2018
Last Date of receipt of Hard Copy of Online Applications along with enclosures : 7th August 2018
Educational Qualification (as on 30th June 2018)
Ph.D in Banking/Finance/IT/Economics related to BFSI sector.
Other Qualification (Preferred) : Applicant should have consistently good academic record and demonstrated research skills. Applicant with outstanding professional contributions (as first or second authors only) to publication of papers / articles in leading, high impact ‘A’ Category journals will be given preference.
Specific skill required : Applicant should have consistently good academic record and demonstrated research skills.
Post Qualification Experience (as on 30th June 2018)
Minimum 3 years’ Post Qualification experience in Teaching/Research work in Premier Institution/University (like IIMs, IITs, ISB, XLRI or equivalent) OR Consultancy.
Likely place of operation : State Bank Institute of Leadership, Kolkata or any other Apex Training Institute at Hyderabad or Gurugram or anywhere else desired by the Bank.

Selection Process : Shortlisting and Interview with presentation. Bank may decide to conduct interview through VC/Skype.

Check detailed notification of SBI Research Fellowship 2018 from HERE

Apply Online from HERE

14 Jul

New Appointments of 2018 for Government Exams PDF

Check out the New Appointments of 2018 for Government Exams Preparation:

Who has been recently appointed as the Managing Director of State Bank of India (SBI). [He replaced Rajnish Kumar who was elevated as chairman].

Ans : Arijit Basu

The names of current Managing Directors of SBI given. Pick the wrong name ?
Arijit Basu

Sri Ram
P. K. Gupta
Dinesh Kumar Khara
All are correct
Ans : All are correct

Pippa Harris has been appointed as the new Chairman of BAFTA. Expand BAFTA ?

Ans : British Academy of Film & Television Arts

Which noted scientist has been appointed as the Director of Vikram Sarabhai Space Centre (VSSC), Thiruvananthapuram ?

Ans: S Somanath

Juan Orlando Hernandez has been re-appointed as the President of __________ for 2nd term.

Ans : Honduras

Keshari Nath Tripathi has been given additional charge as Tripura Governor, during the absence of Tathagata Roy when he is on leave. Tripathi is the Governor of which State ?
Odisha
Ans: West Bengal

Ajendra Bahadur Singh is appointed as Chief of ___________ Naval Command of Indian Navy.

Ans: Western

Who has been recently appointed as the new Chairman of LG. [He is fourth-generation leader of family-controlled conglomerate].
Ans: Koo Kwang-mo

Who was recently appointed as the new Director General of National Security Guard (NSG) ?

Ans : Sudeep Lakhtakia

Who was appointed as the Chairman and Manging Director (CMD) of Security Printing and Minting Corporation of India Ltd (SPMCIL) ?

Ans : S Selvakumar

Ivan Duque has been recently appointed as the New president of which South Amerian Nation ?

Ans : Colombia

Carlos Alvarado has been elected as the New president of which Central American nation ?

Ans : Costa Rica

Rajesh Ranjan has been appointed as the next High Ambassador of India to which country ?

Ans: Botswana

The Former RBI deputy governor Harun Rashid Khan has been appointed as non- executive part time chairman, for which of the following banks ?

Ans : Bandhan Bank

Who took charge as the new foreign secretary of India ?

Ans : Vijay Keshav Gokhale

Anandiben Patel has been appointed as the Governor of which of the followign states ?

Ans : Madhya Pradesh

Who has been appointed as Vigilance Commissioner in Central Vigilance Commission ?

Ans : Sharad Kumar

Which state government has formed state Minorities Commission with Mohammed Qamaruddin as Chairman and Rajarapu Pratap as vice chairman ?

Ans : Telangana

Jerome H Powell has been appointed as Chairman of Federal Reserve System. This is the Central banking system of which country ?

Ans : USA

Government appointed Inder Jit Singh as Secretary in Ministry of ___________.

Ans : Coal

The Law Ministry recently appointed Krishna Murari as Chief Justice of which High Court ?

Ans : Punjab and Haryana

Who was appointed as Chairman of Finance Commission of Indian Olympic Association (IOA) ?

Ans : Anil Khanna

Noted Music composer A R Rahman named Brand Ambassador of which state government ?

Ans : Sikkim

Anoop Kumar Pandey has been appointed as Chief Secretary of which of the following states ?

Ans : Uttar Pradesh

Omar Razzaz has been recently appointed as the new prime minister of which Middle east Nation ?

Ans : Jordan

The MD & CEO of IDBI Bank, was recently appointed as the Deputy Governor of the Reserve Bank of India (RBI). Name him ? [The seat was filled after former Deputy Governor SS Mundra ended his three-year term in July 2017]

Ans : Mahesh Kumar Jain

Who has been appointed as the MD & CEO of IDBI Bank for temporary term of 03 months, replacing Mahesh Kumar Jain who was made Deputy Governor of RBI recently ?

Ans : B. Sri ram

Rana Kapoor has been re-appointed as the MD & CEO of which of the following banks ?

Ans : YES Bank