TIMES OF INDIA NEW LETTER DECEMBER 31, 2014

Daily Newsletter | Wednesday, December 31, 2014
TOP HEADLINES MORE » File noting exposed UPA attempt to frame Amit Shah in Sohrab case: Jaitley The file noting had clearly said that the framing Amit Shah in "encounter" of Sohrabuddin Sheikh was essential for implicating Modi, Arun Jaitley said. MS Dhoni takes the highway, Mahi way The Indian cricket board (BCCI) announced Dhoni's retirement from Test cricket, effective immediately, moments after a nervy India managed a draw in the third Test at the MCG. Govt ends duty sops: Cars, TVs, ACs to cost more The new year is likely to begin on a sour note if you were planning to welcome 2015 with new purchases.
CITIES MORE » Deaths of mothers spark protest at Coimbatore government hospital After two maternal deaths were reported in Udhagamandalam, two more women who were shifted from the hill station to the government hospital in Coimbatore died, sparking protests here by their kin on Tuesday. Minorities’ welfare still on the backburner in Telangana At a time when the Telangana government is making announcements, minorities continue to be discriminated against at the policy level in terms of eligibility criteria vis-à-vis other weaker sections, experts opined on Tuesday. Singareni MD to hold multiple administrative posts In a first of its kind, the Telangana government on Tuesday issued orders appointing 1997 batch IAS officer N Sridhar as chairman and managing director of Singareni Collieries Company Limited (SCCL), while giving him additional charge of collector of Hyderabad and Ranga Reddy districts.
TECH MORE » Online startup boom: What made the year 2014 special Consumer internet companies raised over $4 billion this year amid an unprecedented global appetite for India's digital pie. Over 1,250 new ventures sprouted, with the number of mobile-first startups growing fastest 5 biggest milestones for Indian e-commerce industry in 2014 Consumer internet companies raised over $4 billion this year amid an unprecedented appetite for India’s digital pie.
SPORTS MORE » Indian Super League was watched by 429 million on TV An aggregate of 429 million viewers watched the inaugural Indian Super League live on TV, making it the 2nd most-watched sport in India after cricket. Mahendra Singh Dhoni retires from Test cricket Mahendra Singh Dhoni surprised the cricket world with his sudden announcement of immediate retirement from Test cricket, making way for Virat Kohli to don the mantle of captaincy. Gareth Bale not for sale at any price: Real Madrid Real Madrid have made it clear to Manchester United and other possible suitors for his signature that Gareth Bale is not for sale at any price.
BUSINESS MORE » AAI tells SpiceJet to pay Rs 200 crore A question mark is hanging on whether SpiceJet will be able to fly in New Year or not. Have not commented on RBI, governor: Jaitley Finance minister Arun Jaitley on Tuesday said he had not commented on the Reserve Bank of India or governor Raghuram Rajan during his speech at the Make in India workshop on Monday. Two-wheeler lending gathers pace Six years after auto financiers - both banks and NBFCs - burnt their fingers in the two-wheeler business, loans for motorcycles and scooters are once again picking up speed.
ENTERTAINMENT MORE » Alia and Saif spoof themselves This year can be safely called the year of social media proliferation, when micro-blogging sites became more than just an active audience engagement platform. Amongst the multiple trends witnessed in 2014, we list the popular ones. PK: Twitterattis mock Subramanian Swamy BJP functionary Subramanian Swamy drew attention on Twitter once again after he questioned the source of investment in Aamir Khan's latest flick, PK, earning him incredulous reactions and dismissive retorts from the Twitterati.

ECONOMIC TIMES NEWSLETTER 31.12.2014

THE ECONOMIC TIMES Wed, Dec 31, 2014 | 05:14 PM IST Daily Newsletter

Fiscal deficit at Rs 5.25 trillion; hits 99% of full-year target in Nov Net tax receipts were at Rs 4.13 trillion ($65.35 billion) in the first eight months of the current fiscal year that ...

'Make in India' promises to reignite growth: Cyrus Mistry Cyrus Mistry also stated that for the year 2015, "building a customer centric, innovative and profitable organization...

Many billion dollar e-commerce babies expected soon Kunal Bahl of Snapdeal said that e-commerce saw phenomenal growth & is changing the way people shop. Industry player...

Policy paralysis over, but economy still awaits good days The economy can indeed grow by over 5.5% in 2015 if the 'right noises' get converted into real action on areas like e...

FEATURED STORIES

2015: India Gets Ready for Launch Everyone seems to be stepping into 2015 impatient for growth. ET believes 3 things need to fall into place if this im... read more Six insurance policies you should avoid buying »  Now get ATM cards, account statements at post offices »

POPULAR STORIES

Series of reforms coming soon including changes in Land Acquisition Law through ordinance

MS Dhoni announces immediate retirement from International Test Cricket

How to make the most of investment opportunities in 2015

9 lessons from 2014 to make your career touch new heights in 2015

Will retaliate against Pakistan's ceasefire violation with double force... Manohar Parrikar ,Defence Minister,Government of India

LATEST UPDATES Nifty ends 31% up in 2014; banks, auto, pharma outperform Optimism remains intact going into 2015. The government needs to deliver on reforms and focus on development, say ana... 5 midcap cos which have more than doubled in 2014 Year 2015 will not be a blockbuster year for equities, but benchmark indices might still rally 15-20 per cent in the ... India Inc sees reforms push, better growth prospects: Icra In the first half of the current fiscal, India's economic growth improved to 5.5 per cent as against 4.5-4.7 per cent... India's end-September external debt at $455.9 billion The rise in external debt during the period was mainly due to an increase in commercial borrowings and deposits mobil...

Market Watch 31 Dec | 05:14PM SENSEX 27499.42↑95.88 NIFTY 8282.70↑34.45 USD/INR 60.16↓-0.18 GOLD (Rs/10g.) 26821.00↓-228.00

Daily GK Update - 30th December 2014

Daily GK Update - 30th December 2014

1. Dhoni retires from Test cricket

i. Indian cricket captain Mahendra Singh Dhoni on Tuesday retired from Test cricket with immediate effect, citing strain of playing all formats, after his team lost the Border - Gavaskar Trophy to Australia.

ii. “One of India’s greatest Test Captains under whose leadership India became the No. 1 team in the Test Rankings M.S. Dhoni, has decided to retire from Test Cricket citing the strain of playing all formats of Cricket,” the BCCI said in a statement.

iii. “Virat Kohli will be the captain of the Indian Team for the Fourth and Final Test against Australia to be played in Sydney from the 6th of January 2015”.

iv. The wicketkeeper-batsman remains one of the most successful captains ever for India, having led the side to the top of ICC rankings in Tests and ODIs.

   

	Mat	Inns	NO	Runs	HS	Ave	BF	SR	100	50	4s	6s	Ct	St
Tests	90	144	16	4876	224	38.09	8249	59.11	6	33	544	78	256	38

Dhoni's Test Career in numbers

2. Virat Kohli named captain

i. Virat Kohli is named the new captain of the Indian Test team.

ii. Kohli will be the 32nd Indian Test captain and will take the reign in the full time manner from the Sydney Test.

iii. Kohli first captained India as a stand in captain in the first test of the series at Adelaide. 

3. 8 FDI proposals worth Rs 35 crore cleared

i. Government has cleared eight foreign investment proposals worth about Rs 34.77 crore, including that of CSC Computer Sciences International Operations and Life Positive Pvt Ltd.

ii. CSC has sought permission for setting up a proposed LLP with an investment of about Rs 30 crore.

iii. While, Life Positive seeks to increase foreign equity participation from existing 96 per cent to 99 per cent and induction of further FDI of about Rs 4.61 crore by foreign collaborators.

iv. Among others, government cleared proposals of Mahanagar Gas Limited, Medicamen Biotech Ltd, TutorVista Global Private Ltd, Ventura (India) Pvt Ltd, Syssmart Services LLP and Mahindra CIE Automotive Ltd.

4. Super 30 among top 3 pioneering education initiatives

i. A Japanese media group has selected Mathematician Anand Kumar’s Super 30 among three pioneering initiatives in the field of education.

ii. Apart from Anand Kumar’s Super 30, two others academic institutions, namely Japan’s educational club, which works for education to children from lower and middle classes, and France’s reading and writing club, working with a mission to arrest declining educational standards in the country, find berth as initiatives across the world by Japanese media group Asahi Shinbun.

iii. Anand Kumar himself could not go to Cambridge University to pursue higher education despite getting admission due to acute financial constraints, but the pangs of poverty intrigued him and resulted in the birth of Super 30 for children from underprivileged sections.

iv. Earlier, media from Japan, France, UK, Canada and various other countries had made films on Anand’s Super 30.

5. Union Cabinet approved hike of government stake in IFCI to 51 percent

i. The increase in government stake will be through infusion of 60 crore rupees by way of acquisition of preference shares from existing share holders. 

ii. As a result, India’s oldest financial institution IFCI will now become a government owned company.

iii. The current shareholding of Union government in IFCI after inclusion of the preference share capital was 47.93 percent. Therefore, IFCI was not a Government Company under section 2(45) of the Companies Act, 2013.

iv. IFCI was set up in 1948 and it is a statutory corporation under the Industrial Finance Corporation Act, 1948. 

6. RBI liberalised norms for Overseas Direct Investment by Indian companies

i. The liberalization of norms was part of series of amendment done by RBI from time to time in the Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004.

ii. Liberalised norms - 

• Bank may permit creation of charge on the shares of the Joint Venture/Wholly Owned Subsidiary/Step down Subsidiary (JV/WOS/SDS) of an Indian party in favour of a domestic or overseas lender for securing funded and/or non-funded facility.

• The loan availed by the JV/WOS/SDS from the domestic/overseas lender shall be utilized only for its core business activities overseas and not for investing back in India in any manner whatsoever.

• Bank may permit creation of charge on the domestic assets of an Indian party in favour of an overseas lender for securing the funded and/or non-funded facility.

• Bank may permit creation of charge on the overseas assets (excluding the shares) of the JV/WOS/SDS of an Indian party in favour of a domestic lender for securing the funded and/or non-funded facility.

Read more: http://www.bankersadda.com/2014/12/daily-gk-update-30th-december-2014.html#ixzz3NTeQJqjT

BPS PO -3 Interview Questions Asked in various centers

IBPS PO -3 Interview Questions Asked in various centers
*****************************************thanks SIDDHARTHJI --HAPPY NEW YEAR 2015 --s sambasivan
(1) Tell me About Yourself?
(2) Diff bet. GDP & GNP ?
(3) What is Boyle's Law?
(4) What is law of Motion?
(5) then my hobbies?
(6) my strengths & weakness?
(7) they give me a paper to find hexadecimal of 45?
(8) are u a team player?
(9) Why u want join banks?
(10) can u tell me the statistics about the growth in banks?
(11) What is the difference between credit n debit card??
(12) How can an illiterate person use card if he doesn’t know how to use it and enter d pin?
(13) Is there ant ATM without a PIN?
(14) What about d ppl in rural areas who are illiterate and how will they be able to use cards n all.?
(15) what is liquidity?
(16) who is the regulator of banks?
(17) Functions of RBI?
(18) Do you have bank a/c?
(19) in which bank?
(20) which type of account?
(21) How much of interest they are giving to you?
(22) What type of Demand Loans are introduced by Andhra bank?
(23) do you know about SHG? EXPLAIN IT.
(24) what is financial inclusion ?
(25) who introduced financial inclusion ?
(26) How many type of accounts ?
(27) What is priority sector?
(28) In education loan there is need of any colletral security ?
(29) limit for education loan?
(30) what is demat account ?
(31) who does open demat account and can a bank it
(32) You have done mca in 2011...after it wht u have done ...n why banking ?
(33) what is rdbms ?
(34) rdbms softwares ?
(35) what lastest version of oracle 9i ?
(36) what is normalisation ?
(37) which N-form most use in normalisation ?
(38) is bitcoin ?
(39) who is telecommunication minister ?
(40) latest news by supreme court about adhar card ?
(41) What is a bank??
(42) As a bank employee what should we want to do for bank??
(43) How your field useful to bank??
(44) What is the problems at present public facing in the Public sector banks??
(45) What is your score??
(46) Will you serve in the bank upto the end??
(47) Who is the chairman of SBI??
(48) What is the full form of ATM??
(49) ग्रेजुएशन किस सब्जेक्ट से किया है ?
(50) तो बी.टेक करते हुए सोचा था की बैंक ज्वाइन करोगे ?
(51) तो अब फिर बैंकिंग क्यों ?
(52) बैंक क्या है ?
(53) रेपो रेट क्या है ?
(54) कितनी है रेपो रेट ?
(55) रिवर्स रेपो रेट क्या है ?
(56) किन्ही तीन बैंकों के नाम और उनके चेयरपर्सन के नाम बताओ?
(57) SBI के चेयरपर्सन कौन है ?
(58) किसी बैंक में अकाउंट खोलने के लिए क्या क्या डॉक्यूमेंट जरुरी होता है?
(59) आज की कोई दो हैडलाइन बताओ ?
(60) RTI और RTE क्या हैं ?
(61) You have completed MCA now why u have chosen banking sector ?
(62) What is www?
(63) What is CRR and SLR
(64) what is augusta westland deal ?
(65) Who is the health minister of delhi ?
(66) who is chief election commissioner of india ?
(67) What is your opinion about arvind kejriwal ?
(68) Do u think arvind kejriwal can change the face of Indian politics.
(69) Current Repo rate,bank rate,Reverse repo rate ?
(70) Your hobbies
(71) What have you done in your graduation?
(72) Tell me about your father’s profession
(73) Who regulates insurance sector?
(74) Where is it’s headquarter?
(75) Who regulates share market?
(76) Where is its HQ & who is chairman?
(77) What is difference between Primary & Secondary market?
(78) What is IPO?
(79) What is Follow up IPO? If IPO has already issued then what is the need of it?
(80) What is RBI?
(81) does it regulate cooperative banks also?
(82) Do u have any bank account?
(83) Who is head of SBI?
(84) Have you heard about CSR?
(85) Tell me 2 companies which are following CSR?
(86) Tell me 2 names of public & pvt banks who’s head is a woman
(87) Earlier u said that RBI controls monetary policy, when govt. passes the budget then what is the need of monetary policy?
(88) what is reverse repo rate?
(89) current reverse repo rate is?
(90) when RBI borrows from other banks, then money in market increases or decreases?
(91) what is LT, ST, MT
(92) after that Infrastructure Sector me kuan si financing hoti hai ST,LT
(93) Who is the CJI of India.
(94) Who is the CVC
(95) Who is the CIO
(96) Who is the Chief election Officer.
(97) What is the function of Financial Management.
(98) What is BEP..
(99) who control the working of banks & how
(100) Asked me about 2 Rates
(101) What is current Bank Rate
(102) What are basic A/c Principals..
(103) Liability & assets side of Banks
(104) What is Sarfaesi act
(105) What is NPA
(106) What is the serious problem that the economy is facing
(107) What is cad
(108) How can u suit yourself in a bank
(109) Where u have worked?
(110) After MBA, why you want to join Bank, and how u are useful to us?
(111) Difference between Sales and Marketing?
(112) Types of customers?
(113) Difference between World Bank and IMF?
(114) Difference between money Market and Capital market?
(115) Last question regarding Bhartiya Mahila Bank?
(116) which year you completed your B.com?
(117) favorite sub which i told account then they ask why loan and investment come in balance sheet?
(118) when i told them but said why it is shown under investment head then i said sorry i dont remember .
(119) what is fund flow ..
(120) What is your favorite chapter in account i told cost acc..
(121) what is opportunity cost. Absolute cost ..
(122) if u take loan from bank which side in balance sheet com ..
(123) what u know about banking?
(124) how rupees value getting depreciated? i
(125) What are the measures to control depreciation .
(126) What types of crops in ur region they grow commonly?
(127) wht are your hobbies?
(128) What are todays headlines?
(129) Do you support AAP?
(130) Tell me wht is CRR and how RBI uses this as a tool for various purposes?