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THE HINDU VOCABULARY || IMPORTANT FOR SBI PO
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NEGOTIABLE INSTRUMENTS ACT
NEGOTIABLE INSTRUMENTS ACT

Instruments Act, 1881 is an act in India dating from the British colonial rule, that is still in force largely unchanged.
The Act was originally drafted in 1866 by the 3rd India Law Commission and introduced in December, 1867 in the Council and it was referred to a Select Committee.
Meaning and Definition
A Negotiable Instrument means a promissory note, bill of exchange or cheque payable either to order or to bearer.
Bharat QR Transactions
India has reached a new milestone in cashless transaction by launching BharatQR, the world's first interoperable payment acceptance solution. This is the second big ticket initiative from the Centre, after BHIM, towards pushing digital transactions.How do you use BharatQR, and how will it change the way you transact?
National Payment Corporation Of India
National Payments Corporation of India (NPCI) is a national level payment system which manages all types of electronic retail payments. It is owned by a group of promoter banks and was set up under the guidance and support of the reserve bank of India (RBI) and Indian banks’ association (IBA). The BHIM app, Unified Payments Interface (UPI) which aims at cashless society in the country is the recent work of NPCI.Difference Between Derivatives and Equity
Equity is a form of ownership in the firm and equity holders are known as the ‘owners’ of the firm and its assets. Any company at its stage of start-up requires some form of capital or equity to begin business operations. Equity is commonly obtained by small organizations through the owner’s contributions, and by larger organizations through the issue of shares. Equity may act as a safety buffer for a firm and a firm should hold enough equity to cover its debt.
The advantage to a firm in obtaining funds through equity is that there are no interest payments to be made as the holder of equity is also an owner of the firm. However, the disadvantage stands that dividend payments made to equity holders are not tax deductible.
Paytm becomes Payments Bank

In 2015 Paytm received a license from Reserve Bank of India to start one of India's first payments banks. At the time, the bank intended to use Paytm’s existing user base for offering new services, including debit cards, savings accounts, online banking and transfers, to enable a cashless economy. The payments bank would be a separate entity in which the founder Vijay Shekhar Sharma will hold 51%, One97 Communications will hold 39% and 10% will be held by a subsidiary of One97 and Sharma.
Reliance Jio
Reliance Jio prime membership for Rs 99 for 1 year from April 2017Live updates:
14:10 pm: Jio prime members can continue to enjoy unlimited benefits of New Year offer for another 12 months.
14:10 pm : Only Rs 303 per month or Rs 10 per day for another full year
14:09 pm : Enrollment will start from March 1 till 31 March 2017.
14:08 pm: Jio Prime membership for Rs 99 for 1 year from April 2017.
14:03 pm: In coming months, we will double data capacity. By 2017, Jio will be present in all villages of India covering 99% of population, says Ambani.
Current Affairs Smart-Liners - 20th February 2017
❤International Mother Language Day❤
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DAYS TO REMEMBER:
· World Day of Social Justice - February 20th
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NATIONAL:
· Nepal offered ₹2,280-crore loans by India for infrastructure development :· Extra rake for transporting onions from Nashik to be operated by Central Railways :
Oriental Bank launches mobile wallet ‘Batuaa’
i. On the occasion of the 75th Foundation Day, Oriental Bank of Commerce (OBC) has come up with several digital offerings including launch of mobile wallet ‘Oriental Batuaa’.
Bharat QR Code
⏩⏩ Bharat QR Code ⏪⏪
⏺The Govt of India has been making a big push for digital payments since demonetization of old currency notes.
⏺In a move to promote Digital India initiative and encourage cashless payments, the government has introduced Unified Payments Interface (UPI) for smartphones, and Unstructured Supplementary Service Data (USSD) based mobile banking for basic and feature phones.
Descriptive Test Topic form Indian Bank PO Mains 2017
The Exam consists of an objective test followed by a section called Descriptive test carrying 50 marks in which one question from essay and one question from letter will be asked. Total 30 minutes of time will be given to write these two questions. Word limits for Essay writing is – 250 words & for Letter writing is 150 words. Here are few important topics of Descriptive that will be helpful for your upcoming Indian Bank PO Mains Exam. Before moving on the topics let's first have a glance at the exam pattern for Mains.Current Affairs February 2017
28th February, Current Affairs:
- A 7 per cent GDP growth recorded in the OctoberDecember quarter.
- Manchester United defeated Southampton by 32 to win the EFL Cup 201617.
27th February, Current Affairs:
- The 89th Academy Awards are announced today. Moonlight wins the Best Picture award this year. Emma Stone wins the Best Actress award for La La Land. Casey Affleck wins the Best Actor Oscar award for Manchester By The Sea.
List Of All The Acts Related To Bank 🔰
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1. Negotiable Instrument Act– 1881
2. The Bankers’Books Evidence Act– 18913. The ReserveBank of India Act– 1934
4. The Industrial Finance Corporation of India Act– 1948
5. The Banking Companies (Legal Practitioner Clients’
Accounts) Act– 1949
6. The Industrial Disputes (Banking and Insurance
Companies) Act– 1949
7. The Banking Regulation(Companies) Rules– 1949
English Grammar A Short Guide
English Grammar A Short Guide
SSC Recruitment 2017 Multi Tasking Staff (MTS) Examination Apply Online
Excellent news for people completed 10th and looking job in government sector. Today Staff Selection Commission updated official recruitment portal i.e. www.ssc.nic.in with new vacancy. According to notification total 8300 jobs approved by government for Multi Tasking Staff. Aspirants looking central government job after matriculation should focus on this advertisement. Apply online at SSC website from 31st December 2016 to 30th January 2017.
Total Number of Vacancies: Not mentioned (many thousands)
LIC AAO Recruitment 2017

Life Insurance Corporation of India (LIC) has released notification for the recruitment of Assistant Administrative Officer – AAO (Generalist) vacancies.
LIC AAO Recruitment Details
Total No. of Posts: 650
Name of the Posts: Assistant Administrative Officer (Generalist)
1. SC: 86 Posts
Current Affairs January 2017

30th January, Current Affairs:
- Martyrs' day is being observed today in India to marks the 69th death anniversary of the Father of the nation Mahatma Gandhi.
- Amulya Kumar Patnaik has been appointed the Delhi Police Commissioner.
- Miss France Iris Mittenaere crowed as Miss Universe in Philippines.
- Former Comptroller and Auditor General of India Vinod Rai is appointed as the head of a fourmember team of administrators who will run the Indian cricket board BCCI.
IBPS Clerk mains 1st January 2017 Exam Analysis
Hello, Greetings of the Day!!

GST Rates and its Impact
The government held council meeting immediately after Diwali to discuss about the most important issue “GST Rates” and took a ñnal decision about the rate of GST to be levied on goods and services.
Current Affairs December 2016
- 33 MLAs from the People's Party of Arunachal (PPA) switched sides to join BJP under the led by current chief minister Pema Khandu.
- The sports ministry has suspended the deemed recognition granted by it to the Indian Olympic Association (IOA) for its decision to appoint Suresh Kalmadi and Abhay Chautala as life presidents.
- New Army Chief General Bipin Rawat took over charge today from outgoing Army Chief General Dalbir Singh.
100 Banking Awareness points for BANK EXAM
▪Exchange of cash flow in different currency is known as: Ans: Currency Swap
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Expand ASBA:Ans: Application Supported by Blocked Amount
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Fastest mode of transaction: Ans: RTGS
Syndicate Bank Recruitment 2016 for the post of Probationary Officer .
CWE | PO - MT - VI | MAIN EXAM RESULT
CWE | PO - MT - VI | MAIN EXAM RESULT
IBPS will released the Online Main Exam - Result for the next Common Recruitment Process for selection of personnel for Probationary Officer/ Management Trainee posts in the Participating Organisations.
STATUS DISPLAY WILL START BY LATE EVENING TODAY.
Click here to View Your Online Main Exam Result Status for CWE PO MT-VI
http://ibps.sifyitest.com/crppotovijul16/resmr_dec16/login.php?appid=a59ed2f6693b758a18dede04bca53a09
LIC | AAO | RECRUITMENT | 2017
LIC AAO Recruitment 2017: The Life Insurance Corporation of India (LIC) has started a recruitment drive to shortlist eligible candidates for the post of Assistant Administrative Officer – AAO (Generalist) post. Interested candidates can apply through the official website of the LIC. The recruitment process is set to begin soon. Vacancy details:
RRBs- CWE-V | OFFICE ASSISTANT | PRELIMS RESULT
“B”-Office Assistants (Multipurpose). The Mains Exam will be conducted by the Institute of Banking Personnel Selection (IBPS) tentatively in December 2016.
Click here to View Your Online Preliminary Exam Result Status for CWE RRB – V Office Assistant (Multipurpose)
Synopsis of IBPS Clerk VI Prelims Overall Exam Analysis
As you all are aware, the Preliminary phase of IBPS Clerk VI was conducted on 26th and 27th November in four different slot on each day. The next set of exam is scheduled for 3rd and 4th December 2016. Today we are sharing an in depth analysis based on the exam conducted on the above mentioned dates. We hope the information would be helpful for the students appearing in the upcoming slots.





