Current Affairs May 2014

31st May:

PM Narendra Modi issued an order to abolishing all Groups of Ministers (GOMs) and Empowered Groups of Ministers (EGOMs) set up during the UPA regime.
Hockey World Cup starts in Netherland.

30th May:

Ajit Kumar Doval appointed as National Security Advisor.

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Know Your Prime Minister

Profile of Hon'ble PM:-

Dynamic, dedicated and determined, Narendra Modi arrives as a ray of hope in the lives of a billion Indians. His laser focus on development and his proven ability to deliver results have made him one of India’s most popular leaders. His promise is to build a nation that is strong, prosperous and inclusive, where each and every Indian can realize their hopes and aspirations.
Narendra Modi made his mark on both the Indian and global stage as the chief minister of the western state of Gujarat for a record four terms. There, he brought about a paradigm shift in people’s lives by delivering pro-citizen good governance, where the state served its people humbly and honestly. He transformed Gujarat, which was reeling from the aftereffects of a devastating earthquake, into a growth engine that made a strong contribution to India’s development.

Jammu: A MIG-21 fighter aircraft of the Indian Air Force or IAF today crashed in Bijbehara area of Anantnag district in Kashmir, killing the pilot.The MIG-21, which was on a routine exercise, crashed in an open field at Mirhama in Bijbehara area, 45 kms from Srinagar, defence sources said.The pilot, Raghu Bansi, was killed in the crash, they said. The MIG-21 had taken off from Technical

New Delhi: Narendra Modi, who will be sworn in as India's Prime Minister on Monday, will have a 45-member strong Council of Ministers. Out of these, 24 are Cabinet Ministers. Ten are Ministers of State with Independent Charge, while the rest are Ministers of State.

Sources say Modi is set to retain Defence portfolio.

Listed below are the 46 ministers in Modi's Cabinet:

Cabinet ministers:

Banking Hub

FORTHCOMING EXAMINATION

Basic Computer Knowledge Theory

Basic Computer Knowledge for IBPS PO & Clerk, and SBI PO & Clerk, Postal, LIC

Basic Computer Knowledge Theory

Basic Computer Knowledge for IBPS PO & Clerk, and SBI PO & Clerk, Postal, LIC, FCI
You need to possess knowledge on some topics like history of computers, software, hardware, keyboard shortcuts, MS Office, Operating system. For attending online bank exams you must be

RBI/ BANKING/ BUSINESS NEWS THIS MONTH

 March 2: The Bank of Bahrain and Kuwait, BBK, plans to expand its operations in India by opening its fourth branch in the country in New Delhi.

 March 2: Corporation Bank has bagged the awards for lending to MSE (micro and small enterprises) and to micro enterprises from the Union Ministry of Micro, Small and Medium Enterprises (MSME) for 2012-13.

SBI PO Question 2014

SBI PO Question Click on the below link

Competitive Exam Book

COMPUTER QUIZ For SBI Exam 2014

COMPUTER QUIZ For SBI Exam 2014

1. . …..aim at the boot sector of a hard drive by infecting a very crucial component of the boot process?

(1) File infection virus (2) Boot virus

(3) Network virus (4) E-mail virus

(5) None of these

2. One of the more recent e-mail scams, which lures internet users into revealing personal information is referred to as :

(1) phishing (2) flaming

(3) blogging (4) pop- ups

(5) None of these

BULLET POINTS- PART: 009(Banking)

BULLET POINTS- PART: 009

01. Banking regulation act, 1949 does not at all apply to – primary agricultural credit societies and cooperative land mortgage banks

02. As per the provisions of section 12 of the Banking Regulations act, 1949, the minimum ratio between the authorized, subscribed and paid up capital of a banking company should be 4:2:1

03. Under the provisions of section 35(b) (ii) of the Banking Regulation Act, 1949, inspection of branches of Indian banks situated abroad is to be carried out by – RBI

04. The first public sector bank to issue capital to public is – Oriental Bank of Commerce

BULLET POINTS - PART: 008(Banking)

BULLET POINTS - PART: 008

01. Laxmi Commercial Bank merged with Canara Bank

02. CAMEL denotes – capital adequacy, asset quality, management, efficiency and liquidity

03. Banks are subject to operational risk, credit risk, market risk, liquidity risk

04. When the ATM machine installed in the bank is out of order, it is called as operational risk

05. When the computers are not functioning, it is called as operational risk

BULLET POINTS - PART 007(Banking)

BULLET POINTS - PART: 007

01. The first bank in India was set up on modern lines in 1770 by an agency house

02. Bombay stock exchange was made functional as early as 1870

03. The first life insurance company in the country – Oriental Life Insurance company

04. Oriental Life insurance company was established in 1818

05. First General (non life) Insurance company was set up in 1850

06. There were 566 private commercial banks in the country with 4151 branches in 1951

07. There are 32 foreign banks in the country

08. Foreign banks have around 310 branches all over the country

09. The Unit trust of India came into existence in 1964

BULLET POINTS - PART: 006(Banking)

BULLET POINTS - PART: 006

BULLET POINTS - PART: 006

01. Accounts are allowed to be operated by cheques in respect of current and savings accounts

02. Interest is not paid in current accounts

03. Mortgage is a security on immovable property for loan given by the bank

04. Financial inclusion means provision of – financial services namely; payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same

BULLET POINTS - PART: 05(Banking)

BULLET POINTS - PART: 005

BULLET POINTS - PART: 005

01. The bank branches which can undertake foreign exchange business directly are known as approved dealers in foreign exchange

02. Insurance cover for bank deposits in the country is provided by DICGC

03. Deposit Insurance and Credit Guarantee Corporation of India Limited is called as DICGC

04. The financial literacy includes the following namely; how to invest the funds; how to use the limited funds carefully; how to minimize the risks and how to reinvest the money earned

SBI-PO 2014 Examination Tips Description

SBI-PO 2014 Examination Tips Description

Basics to Getting Started

• Read the newspaper every day, specially for the Banking and Financial News.
• Prepare for Marketing Aptitude, and Computer Awareness Section
• Solve each exercise related to Math’s and Solve Each Puzzle from a good Puzzle Book regularly.
• Practice every day at least two hours for any speed test . Self-analysis it on after three or four Speed test solved.

Intelligence Bureau Recruitment 2014:

Intelligence Bureau Recruitment 2014: Are you looking for new latest Intelligence Bureau Recruitment project? We have news for our regular and reliable readers, IB has taken decision to recruit eligible candidates for the post of Personal Assistant & Junior Intelligence Office Recruitment 2014 project. This recruitment notification published by Intelligence Bureau at www.mha.nic.in website under project name Intelligence Bureau recruitment 2014. Online application registration process is starts and candidates has to submit application within 02.06.2014

Intelligence Bureau Recruitment 2014 details:

Banking Hub organize a Online MOCK TEST for SBI PO( Computer and Marketing Section)

Exam is starting hurry up!!!!

Photos: Twin blasts at Chennai railway station

One person has died and 14 others injured in twin blasts onboard the Bangalore-Guwahati Express at Chennai Central railway station.

Excellence by Saikat Sir

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Current Affairs May 2014

SBI PO Call Letter for Written Exam