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PPF

Public Provident Fund ( PPF ) was introduced in India in 1968 with the objective to mobilize small saving in the form of an investment, coupled with a return on it. It can also be called a savings-cum-tax savings investment vehicle that enables one to build a retirement corpus while saving on annual taxes. Therefore, anyone looking for a safe investment option to save taxes and earn guaranteed returns should open a PPF account. 1. How to open a PPF account? A PPF account can be opened with either a Post Office or with any nationalized banks , private banks among others are authorized to provide this facility. Submit the duly filled application form along with the required documents i.e. the KYC documents like identity proof, address proof, and signature proof. And then deposit a prescribed amount towards the opening of the account.Eligibility - who can open a PPF Account  Resident Indians, 18 years or older, can open a Public Provident Fund Account. There is no upper age limit for opening this account.Accounts can be opened for minors. Minors are those below the age of 18 years. However, the maximum limit of Rs.1.5 lakhs per year applies to deposits made in the minor and the major’s/guardian’s account, collectively. Grandparents cannot open an account in the names of their minor grandchildren. 2. What is the interest rate on PPF? The current interest rate is 7.9% that is compounded annually. The Finance Ministry set the interest rate every year, which is paid on 31st March. The interest is calculated on the lowest balance between the close of the fifth day and last day or every month. 3. Essential features of PPF Tenure: The PPF has a minimum tenure of 15 years, which can be extended in blocks of 5 years as per your wish. Investment Limits: PPF allows a minimum investment of Rs 500 and a maximum of Rs 1.5 lakh for each financial year. Investments can be made in lump sum or in a maximum of 12 installments. Opening Balance: The account can be opened with just Rs 100. Annual investments above Rs 1.5 lakh will not earn interest and will not be eligible for tax saving. Deposit Frequency – Deposit into a PPF account has to be made at least once every year for 15 years. Mode of deposit – The deposit into a PPF account can be made either by way of cash, cheque, Demand Draft or online fund transfer. Nomination – A PPF account holder can designate a nominee for his account either at the time of opening the account or subsequently too Joint accounts – A PPF account can be held only in the name of one individual. Opening an account in joint names is not allowed Risk factor –  Since PPF is backed by the Indian government, it offers guaranteed, risk­-free returns as well as complete capital protection. The element of risk involved in holding a PPF account is minimal. Who can invest in PPF – Any Indian citizen can invest in PPF. One citizen can have only one PPF account unless the second account is in the name of a minor. NRIs and HUFs are not eligible to open a PPF account. Loan against PPF –  You can take a loan against your PPF account between the 3rd and 5th year. The loan amount can be a maximum of 25% of the 2nd year immediately preceding the loan application year. A second loan can be taken before the 6th year if the first loan is repaid fully. 4. PPF withdrawal As a rule, one can close a PPF account only upon maturity i.e. after completion of 15 years. Upon completion of 15 years, the entire amount standing to the credit of an account holder in the PPF account along with the accrued interest can be withdrawn freely and the account can be closed. However, if account holders are in need of funds, and wish to withdraw before 15 years, the scheme permits partial withdrawals from year 7 i.e. on completing 6 years. An account holder can withdraw prematurely, up to a maximum of 50% of the amount that stood in the account at the end of 4th year preceding the year in which the amount is withdrawn or at the end of the preceding year, whichever is lower. Further, withdrawals can be made only once in a financial year. 5.Benefits of investing in PPF Scheme Some of the key advantages of PPF accounts are stated below. Attractive long-term investments: With a deposit period of 15 years and a lock-in period of 7 years, these accounts serve long-term investment goals. With interest rates compounded annually, effective returns tend to be more attractive vis-a-vis bank FDs.Useful for retirement planning: Long-tenures, compounded, tax-free returns and capital protection make this an ideal option for building a retirement corpus.Tax-free returns: Tax-free interest and withdrawals and tax-deductible investments.Low-risk: Being government-backed, there is low risk of default.Easily accessible: PPF accounts can be opened at nationalised, public banks or post offices and select private banks, all of which have wide reach. Accounts can be opened online as well.No attachment: PPF funds can’t be attached under court order or laid claim to by creditors 6. What are the tax benefits of investing in PPF? PPF one an investment vehicle that falls under the Exempt-Exempt-Exempt (EEE) category. This, in other words, means that all deposits made in the PPF are deductible under Section 80C of the Income Tax Act. Furthermore, the accumulated amount and interest would also be exempt from tax at the time of withdrawal. It is also important to note that a PPF account cannot be closed before maturity. Furthermore, a PPF account can be transferred from one point of designation to another. But, do remember that a PPF account cannot be closed prematurely. Only in the case of the account holder’s demise can the nominee’s file for the closure of the account. List of PPF FormsDescriptionForm ATo open a Public Provident Fund Account (PPF Account)Form BTo make deposits into / repay loans taken against a PPF accountForm CTo make partial withdrawals from a PPF accountForm DTo request a loan against a PPF accountForm ETo add a nominee to a PPF accountForm FTo make changes to PPF account nomination informationForm GTo claim funds in a PPF account by a nominee/legal heirForm HTo extend the maturity period of a PPF account #ARCHANA

SCSS

The Senior Citizens Savings Scheme (SCSS) is primarily for senior citizens of India that offers regular income and is a risk free  tax saving  investment . Investing in SCSS is a very good opportunity for senior citizens above 60 years to make money. This is an effective & long term saving option which offers security .and features that are usually associated with any government sponsored savings or investment scheme. These schemes are available through certified banks and post office across India  Eligibility for SCSS The following people/groups are eligible to opt for  SCSS :- 1. Senior citizen of India and age of more than 60 Years 2. Retirees who have opted for the Voluntary Retirement scheme (VRS) or Superannuation with the age between 55-60. Here the investment has to be done within a month of receiving the retirement benefits 3. Retired defence personnel with minimum age of 50 years 4. HUFs and NRIs are not allowed to invest in this scheme  Investment Amount An individual can invest maximum amount of Rs 15 lacs, singly or jointly in an SCSS account (in multiples of Rs 1,000). The amount invested in the scheme cannot exceed the money that has been  received on retirement. Hence, the individual can invest either Rs 15 lacs or the amount received as a retirement benefit whichever is lower. The account can be opened by cash for amount below Rs 1 lakh and by cheque for amount above Rs 1 lakh  Benefits of investing in the senior citizen savings scheme 1. Safe and Reliable : This is a Indian government sponsored investment scheme and hence is considered as the safest and reliable investment option. 2.Simple and easy process : The process to open an account is simple and can be opened at any authorised banks and any post offices across India and transferable across India. 3.Good returns : At 8.3% the return rate is good as compared to a savings or FD account. 4. Nomination : Nomination facility is available at the time of opening an SCCS account by submitting an application as part of Form C  which is also accompanied by the passbook to the Branch. 5. Tax benefits : Tax deduction up to Rs 1.5 lakh can be claimed under Section 80C of Indian Tax Act 1961. 6. Flexible : Tenure of this investment scheme is flexible and it has an average tenure of 5 years but can be extended up to 3 more years.  How to open SCSS  Account  The SCSS account can be opened in any of the authorized banks or post office branch across India with following documents: 1. Form A to be filled  for opening SCSS Account 2. Identity proof like PAN card , Passport and 3. Address proof such as Telephone bill , Aadhar card . 4. Age Proof Document is required like as Passport, Senior Citizen Card, Birth certificate issued Corporation or registrar of births and death, Voter ID card, PAN card etc 5. 2 Passport size photographs. All the above documents should be self attested  Interest Rates on SCSS PeriodInterest Rate2017 – 18 (Q1)8.4%2017 – 18 (Q2)8.3%2017 – 18 (Q3)8.3%2017 – 18 (Q4)8.3%  Tenure of the fund & withdrawal The tenure of this scheme is 5 years with the option to extend it for further 3 years. In order to extend the scheme for another 3 years after completion of 5 year tenure the investor needs to submit the duly filled Form B which is  regarding the extension of the scheme. Only one extension is allowed and such extended accounts can also be closed after one year of extension without any penalty. The premature withdrawals are allowed  but only after 1 year of account opening. When the closure of the account after one year takes place but before the end of 2 years, 1.5% of the deposit shall be deducted as pre-mature withdrawal charges. On the closure of the account after 2 years an amount equal to 1% of the deposit shall be deducted as charges In the event of death of the depositor no charges or penalty are levied for premature closure of the account.# ARCHANA

EDITORIAL

After the striking political theater that unfolded Friday at the forbidding border between North and South Korea, it seems almost meanspirited to cast aspersions on Kim Jong-un’s motives or to be apprehensive about talks Mr. Kim is expected to have in a few weeks with President Trump. These contacts, after all, stand in stark contrast to the scary talk of nuclear exchanges of only a few months ago, and meeting face-to-face seems better than saber rattling Mr. Kim’s meeting with the dovish South Korean president, Moon Jae-in, was heady stuff, minutely choreographed to stir the hopes and longings of a nation bitterly divided for 70 years. Every scene was suffused with symbolism: the joint steps across the concrete slab that marks the border, which no member of the Kim dynasty had ever breached before; the banter and the hand-holding; the soil heaped on a tree planted when the Korean War ended in an armistice in 1953; the honor guard in 19th-century imperial robes. The “Panmunjom Declaration” signed by the two leaders was similarly upbeat, promising to rid the Korean peninsula of nuclear weapons and to finally negotiate a peace treaty. Even President Trump was caught up in the euphoria. “KOREAN WAR TO END!” he exultantly tweeted. “The United States, and all of its GREAT people, should be very proud of what is now taking place in Korea!” Yes, Mr. Kim is still a murderous ruler of a brutally isolated state who will do anything to retain absolute control, and most experts suspect that, in the end, nothing will change since he will not surrender a lever his family spent years and millions of dollars developing. The denuclearization he has in mind is “progressive and synchronous,” which seems to mean it will move forward in partial steps, in exchange for economic benefits and security guarantees, and that the United States would withdraw its nuclear umbrella from South Korea. Those would be major challenges to deal with in negotiations and not at all what the Trump administration has in mind. At the same time, Mr. Kim is evidently serious about trying to raise the living standards of his impoverished country and is prepared to use his nuclear weapons as barter to lift onerous economic sanctions and obtain American assurances that would allow his regime to continue. Not long before he was brought in as the new national security adviser, John Bolton, told an interviewer that a Trump-Kim summit meeting would inevitably fail, which, he said, would clear the way to the next phase — presumably a pre-emptive strike. That in itself is reason to hope that new opening in the long-running confrontation of North and South Korea so dramatically staged at Panmunjom does confound expectations and lead to real and fruitful negotiations, not just between the two Koreas but also between the United States and North Korea. The success of that meeting puts pressure on Mr. Trump to continue the momentum toward peace by patiently pursuing serious negotiations with North Korea, not making unilateral demands and issuing threats. It’s a long shot, but even if talks just keep two impetuous and unpredictable men like Mr. Kim and Mr. Trump away from their nuclear buttons, the world is better off. striking (adjective) – noticeable, prominent/notable, distinct.forbidding (adjective) – hostile, unfriendly, unapproachable.mean-spirited (adjective) – inconsiderate, unsympathetic.aspersions (noun) – defamation, condemnation, castigation/criticism.apprehensive (adjective) – anxious, worried, concerned.saber-rattling (noun) – the display of military force; aggressive/belligerent, warmongering.dovish (adjective) – peaceful, diplomatic, accommodating. (Hawkish means aggressive, combative, belligerent).heady (adjective) – exciting, thrilling, stimulating.choreograph (verb) – organize/arrange, plan, orchestrate (an event).longing (adjective) – yearning, urge, desire/wish.suffuse with (verb) –  spread over, cover, fill.banter (noun) – crosstalk/wordplay, witty conversation,  private discussions with one or more individuals.heap (verb) – pile up, stack up, store up.armistice (noun) – truce, ceasefire, suspension of hostilities.honor guard (noun) – another term for guard of honor; a group of soldiers officially welcoming an important visitor.imperial (adjective) – high-handed, commanding, dictatorial.robe (noun) – costume, trappings; a long, loose garment worn on formal functions.upbeat (adjective) – optimistic,  positive,  hopeful.rid (verb) – clear, free, cleanse.euphoria (noun) – elation, excitement, delight/happiness.exultantly (adverb) –  happily, euphorically, delightedly/over-joyfully.murderous (adjective) –  violent, savage, fierce/vicious.denuclearisation (noun) – the act of removing nuclear weapons from a place.synchronous (adjective) – concurrent, happening at the same time, coincident.nuclear umbrella (noun) – a guarantee from a nuclear weapons country to a country that does not possess nuclear weapons for protection.impoverished (adjective) – weakened, exhausted, drained.onerous (adjective) – arduous, punishing, heavy/ burdensome.sanctions (noun) – action taken, or an order given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc (Courtesy: VOA Learning English).inevitably (adverb) – automatically, certainly, definitely.pre-emptive (adjective) – preventive, precautionary, protective.confound (verb) – invalidate, negate, contradict.impetuous (adjective) – powerful/forceful, vigorous; hasty.better off (phrase) – in a more advantageous position. #FancyJ

April 28 CA

● April 28 : World Day Of Safety and Health at Work  ● Asia Pacific Regional Workshop Of UNCCD Held In New Delhi ● Gujarati Poet Sitanshu Yashaschandra’s ‘Vakhar’ Chosen For Saraswati Samman ● Shirui Lily Festival Concludes In Manipur ● North , South Korea Commit To Denuclearization In Historic Summit ● UN Chief Appoints Christine Schraner Burgener As Special Envoy On Myanmar ● Shooter Gauri Sheoran Made Brand Ambassador For Haryana's Health Programmes ● Van Dhan Scheme Launched By PM To Help Increase Tribal Income ● Bhaichung Bhutia Launches ‘ Hamro Sikkim Party ’ ● Maharashtra Govt Announced The Launch Of ‘ Startup Week 2018 ’ ● Nadiya Shafi Has Won The 2018’s Martha Farrell Award ● Lt Gen Bipin Puri Takes Over As Senior Colonel Commandant Of AMC ● Union Tourism Minister KJ Alphons Inaugurates ICI In Noida ● Kazakhstan Introduces 72-Hour Free Transit Visa For Indian Citizens ● Mahesh Babu To Get A Wax Statue At Madame Tussauds  ● India - China Informal Summit Held In Wuhan ● Historic Inter-Korean Summit Begins In Truce Village Of Panmunjom#RAJKUMAR

April 27 CA

● Rajnath Singh Chairs 23rd Meeting Of Western Zonal Council At Gandhinagar ● Indu Malhotra First Woman Lawyer To Be Supreme Court Judge ● CSIR Bags National Intellectual Property (IP) Award 2018 ● Government Collects RS 7 lakh 41 Thousand Crore From GST During 2017-18 ● Meghalaya Govt Installs e-Prison System In Shillong Jail ● BARC Developed Bulletproof Jacket Is Named ' Bhabha Kavach ' ● PM Modi Launches Van Dhan Scheme To Help Increase Tribal Income ● India-Nepal IGC Meet Begins In Kathmandu ● Google Ranked As Most Trusted Internet Brand In India : Report ● PM Releases Commemorative Postage Stamp On Hemvati Nandan Bahuguna ● Kerala CM Pinarayi Vijayan Launched Pravasi Pension Scheme ● Himachal Pradesh To Introduce Free Heli-Ambulance Services ● First Edition Of Cancer Screening Mela Organized In Mizoram ● Radha Mohan Singh’s Addresses The National Kharif Conference 2018 In New Delhi ● India’s Global Trade Rises 16% To $767.9 Billion In 2017-18 ● Vistara Become The Member Of International Air Transport Association ● Morocco To Host 2021 Annual Meetings Of World Bank , IMF ● Amjad Ali Khan , Anupam Kher Get Master Deenanath Mangeshkar Award ● India’s First Industrial Solar Microgrid Commissioned In Gujarat ● AIIMS Sets Up India’s First Virtual Bronchoscopy Navigation System . #RAJKUMAR

PANCHNAMA

The word „PANCHNAMA‟ literally means a “record of observation by five people”. Panchanama is essentially a document recording certain things which occur in the presence of the Panchas and which are seen and heard by them. Panchas are taken to the scene of an offence to see and hear certain things.Therefore, panchas are liable to be examined at the trial to depose to those things and their evidence is relied upon in support of the testimony of an investigating officer. A panchanama of this kind recorded and relied upon in support of evidence from the panchas is akin to a statement previously made by him under Section 157 of the Indian Evidence Act, 1878 which says that former statementof witnesses may be proved to corroborate later testimony as to the same fact.In Central Excise / Service Tax / Customs cases or in the cases pertaining to Foreign Exchange etc. the Panchanama is a major document and could even be of evidentiary value. During investigation, it plays very important role in establishing guilt of accused. Moreover, sometimes „PANCHNAMA‟ becomes key document in the appreciation of evidence by the court. The reality of the situation has to be properly and correctly grasped in the panchanama. The panch (witness) may have to render accurately the facts of the scene where the goods were found. The panch witnesses must be available at the spot. They must know and see for themselves as to how the facts and circumstances came out, thatexisted at the time of search and seizure, as to how the offender was discovered or the suspect was located as to the evidence collected relating to the goods that Panchanama have offended the provisions of the act and as to how the suspect has come into possession and became owner. A panchanama seen and heard by the panchas and recorded by a scribe or an officer is only a modus as dictated by an officer and will not render the panchanama invalid and panchanama would be admissible in evidence.A panchanama properly drawn and carefully incorporating facts seen and heard is an important part of an investigation. The material facts disclosed in a panchanama help in discharging the burden of proof resting on the prosecution. Presumption of guilt in the offender may stand adduced if the panchanama is clear and unambiguous.#FancyJ

EDITORIAL

Asaram’s rise and fall is reflective of the lives of some self-styled godmen of our timesIn sentencing Asaram Bapu to imprisonment for the rest of his natural life for the rape of a 16-year-old girl in 2013, a Special Court in Jodhpur has reinvigorated faith in the criminal justice system. Two aides who facilitated the crime have been sentenced to 20 years in prison. At a time when sexual offences against women and minor girls are being reported with benumbing regularity, a verdict of this sort reinforces public trust. Holding powerful and influential heads of religious institutions is not easy in this country, given the wide public support and political patronage they enjoy. Fortunately, neither the investigators nor the prosecutors in the case of the 77-year-old Asumal Harpalani, who named himself Asaram, seem to have been overawed by his large following or intimidated by his belligerent supporters. High-ranking police officers received letters and phone calls threatening them and their families with dire consequences, and witnesses were killed or attacked in the course of the investigation and trial. Against this backdrop, it took courage and determination for the victim and her family to seek justice. The facts are chilling. The victim’s parents, who were Asaram’s devotees, were asked to take her from the ashram’s residential school at Chhindwara to the godman’s home in Manai, near Jodhpur, ostensibly to exorcise ‘evil spirits’ that had possessed her. The parents were asked to leave, and the girl had to be alone with him. She was sexually assaulted and threatened against speaking out. Fortunately, her father managed to get a police complaint registered in New Delhi. It was later transferred to Jodhpur.It is also a sign of the times that every time the final verdict is set to be delivered in a criminal case involving a self-styled godman, the State concerned has to be on high alert and massive police deployment is required to quell possible trouble by followers. After the violence and mayhem that gripped Panchkula town in the immediate aftermath of the sentencing of Gurmeet Ram Rahim Singh last year in a rape case, this time the police took no chances, and the judgment was delivered in a makeshift courtroom in a prison. There is nothing more mortifying to the devout than witnessing jet-age godmen betraying the trust of their followers. Asaram fits into the template of the self-styled godman: graduating from running a liquor business to peddling spiritual succour, leading a lavish lifestyle, expanding into business and enjoying the patronage of the rich and powerful, and, ultimately, misusing his power to exploit his unquestioning devotees. Special Judge Madhusudan Sharma has underscored how the accused had broken the victim’s trust in him. Verdicts such as these are needed at a time when sections of society see tainted men as guardians of India’s age-old spiritual tradition.imprisonment (noun) – incarceration, internment, captivity.reinvigorate (verb) – re-energize, fortify, strengthen/resuscitateaide (noun) – assistant, helper, subordinate.facilitate (verb) – assist, help, aid.benumbing (adjective) –  insensible, unfeeling, numbed.patronage (noun) – assistance, support, backing.overawe (verb) – intimidate, unnerve/frighten, discourage.belligerent (adjective) – aggressive, threatening, antagonistic.dire (adjective) – terrible/horrible, dreadful, frightful.chilling (adjective) – frightening, terrifying, disturbing/horrifying.ostensibly (adverb) – apparently, seemingly, allegedly.exorcise (verb) – drive out, expel, rid/ free (evil spirits (ghosts)).quell (verb) – put an end to, get rid of, curb/thwart.mayhem (noun) – chaos, disorder, turmoil/unrest.grip (verb) – afflict, affect, torment.aftermath (noun) – consequences, outcome/results, repercussions/reverberations.makeshift (adjective) – temporary, make-do, provisional/substitute.mortifying (adjective) – causing great embarrassment.the devout (noun) – dedication/devotion, commitment, loyalty.jet-age (adjective) – relating to the era of traveling by aircraft.betray (verb) – be unfaithful to, be disloyal to, break the trust in.graduate (verb) – develop, progress, move up.peddling (noun) – an act of promoting an idea extensively.succour (noun) – aid/help/support, assistance, relief.underscore (verb) – underline, emphasize, highlight.tainted (adjective) – dishonoured/disgraced, corrupt, dirty.#FancyJ

720 GA qns

Tallinn is the capital of – EstoniaIn SEAC “A” stands for – Advisory (Standing External Advisory Committee)In LTV “V” stands for – Value(Loan To Value)In SWIFT “S” stands for – Society(Society for Worldwide Interbank Financial Telecommunication)In AMRUT, “U” stands for – Urban(Atal Mission for Rejuvenation & Urban Transformation)November 12 – World Pneumonia DayHQ of Citi Union Bank – ‎KumbakonamInternational Weightlifting Federation (IWF) – Budapest, Hungary Panna National Park – Madhya PradeshFugdi is the folk dance of – Goa44th G7 summit 2018 – CanadaAmnesty International HQ – LondonWorld Economic outlook published by – IMFMaximum Deposit allowed in IPPB Savings Account – 1 lakhThe writer of India 2017 Yearbook – Rajiv MehrishiDudhawa Dam is built across – Mahanadi RiverEase of Doing Business – World Bank2018 Commonwealth Games – Australia“S” in PMGSY- Sadak (Pradhan Mantri Gram Sadak Yojana)Headquarters of National Insurance Company Limited (NICL)- KolkataBook titled “I am HIV positive, so what?” has been authored by- Jayanta KalitaQuito is the capital of- EcuadorConstituency of Shri Radha Mohan Singh – Purvi Champaran (Bihar)The 9th 2017 annual BRICS summit held in-‎ Xiamen, ChinaSardar Vallabhbhai Patel Stadium located in- Ahmedabad, GujaratP stands for in VVPAT? – Voter Verifiable Paper Audit TrailThe language not mentioned in the 8th Schedule – EnglishChhilchhila Wildlife Sanctuary(Seonthi Reserve Forest) – HaryanaBhitarkanika National Park – OrissaBaikal lake – RussiaGlobal Trust Bank (GTB) merged with Oriental Bank of Commerce (OBC).In WMA, A stands for – AdvancesThe first tri-service Armed Forces (Army, Navy, & Air Force) exercise INDRA 2017 between India and RussiaIndian Railway Institute – Vadodara, Gujarat“The Golden House” Novel by Salman RushdieA type of home loan for older homeowners that requires no monthly mortgage payments – Reverse MortgageIn, UPI U refers to – UnifiedMMID related to – Mobile BankingBudapest is the capital of – HungaryEnvironment-Friendly Banking – Green BankingCANDI app – Canara BankCredit Card not issued by – Payment BanksIn RERA, second R is related to – RegulatoryA wholly owned subsidiary of Reserve Bank of India – NHBPartition Museum – Amritsar, PunjabBanks cannot accept interest-free deposits other than in current accountA two piece note pasted together wherein both the pieces presented belong to the same note, and form the entire note – Soiled NoteBengaluru – VrishabhavathiManimahesh lake – Himachal PradeshCERSAI is providing the platform for filing registrations of transactions of securitizationBadrinath on which riverbank – AlaknandaCRAR – Capital to Risk Weighted Assets RatioOctober 2? Non-Violence DayACA-VDCA stadium? Visakhapatnam, Andhra PradeshThe term for country deposit their item less than price to increase their foreign market? DumpingCERSAI – Securitisation RegistryCommonwealth Weightlifting Championship in 2019- IndiaWhat is M in MCLR? Marginal Cost of funds based Lending RateL in NCLT-  National Company Law TribunalWhat is C in PSLC? Priority Sector Lending CertificatesDr. APJ Abdul Kalam memorial – Rameswaram, Tamil NaduRs 50 base colour –  Fluorescent BlueThe Ministry of Utmost Happiness – Arundhati RoyRajendra Memorial Research Institute of Medical Sciences – PatnaKishor scheme under  – PMMY (Pradhan Mantri Mudra Yojana)Kalesar National Park – HaryanaNovascotia bank headquarters? Toronto, CanadaEconomics Intelligence Unit headquarters? London‎, EnglandTez App –  GoogleSmall Finance Banks promoter share in starting – 40%NBFC regulated by – RBIA in PMJAY – Aushadi(Pradhan Mantri Jan Aushadi Yojana)Human Capital index is released by – World Economic ForumR in BIFR – Board for Industrial and Financial ReconstructionFDI in payment bank – 74%People’s president related to – Dr APJ KalamCentral Coalfields Limited is a subsidiary of Coal India Limited – RanchiIDRBT related to – Development and Research in Banking TechnologyWhich of the following is not required in UPI? account details of the recipientInsolvency and Bankruptcy Code – Insolvency and Bankruptcy Board of India14th November – World Diabetes DayHDFC acquired – Centurion BankHeadquarter Of ICAN – Geneva, SwitzerlandMinimum capital required for small finance bank – 100 Crore10th BRICS summit will be held – Johannesburg, South AfricaBank note printing presses one at Mysore and another one at – NashikOrang or Rajiv Gandhi Orang National Park – AssamM in MUDRA – Micro(Micro Units Development and Refinance Agency)P in PCA – Prompt(Prompt Corrective Action)NABARD’s RIDF – Rural Infrastructure Development FundFor the first five years, the stake of the promoter should remain at least 40%Hidayatullah National Law University – Raipur, ChhattisgarhGorumara National Park – West BengalFirst payment Bank – Airtel Payments Bank LtdYudh Abhyas 2017, a joint military training exercise between India and United StatesDeen Dayal Upadhyaya Port – Kandla portG in SHG – Group(Self Help Group)Vijayawada situated on – Krishna RiverCapital of Venezuela – CaracasPrakash Javdekar constituency – Madhya PradeshTungabhadra dam – KarnatakaCheque truncation and electronic cheque in – Negotiable Instruments Act, 1881Banking Codes and Standards Board of India was registered as a society under – Societies Registration Act, 1860Indian Museum, the largest and oldest museum – Kolkatta, West BengalReliance Stadium or Indian Petrochemicals Corporation Ltd Sports Complex Ground also known as the IPCL Ground is located in Vadodara, Gujarat.Standing External Advisory Committee (SEAC) to evaluate licensesfor Universal BanksPMGSY(Pradhan Mantri Gram Sadak Yojana) – Accidental InsuranceHeadquarters of BEML – BengaluruBathukamma festival is celebrated in – TelanganaAstana is the Capital of – KazakhstanIndirasagar Dam – MPUN day – 24 October2017 G20 Summit – Hamburg, GermanyNirmala Sitharaman Constituency  –  Bangalore, Rajya SabhaSalim Ali bird sanctuary – GoaValley of flowers National Park – UttarakhandSIMBEX is an annual bilateral naval exercise conducted by the Indian Navy and the Republic of Singapore NavyProvides coverage to a group of people which can be a professional group like employee-employer group or an informal group – Group PolicyC in “DICGC” stands for – Guarantee(Deposit Insurance and Credit Guarantee Corporation)It is an amendment or addition to an existing insurance contract which changes the terms or scope of the original policy – Insurance EndorsementCoverage to all family members – Family Health InsuranceGreen Bond related to – Renewable SourcesPublic Insurance provider – LICD in “NDTL” stands for – Demand(Net Demand And Time Liability)Capital of Jharkhand – RanchiB in “ASBA” stands for – Blocked(Applications Supported by Blocked Amount)Regulator of Insurance – IRDAIWhat is the meaning of “M” in MPC?- Monetary7th pay commission head – AK MathurSardar Sarovar dam over which river?- NarmadaProfessional who deals with risk & uncertainty- ActuarySector 16 Stadium located in which UT- ChandigarhPiyush Goyal constituency – MaharashtraYudh Abhyas, a joint military exercise between India and USAIndus water treaty between India and which country – PakistanShares of insurance in FDI?- 49%IRDAI Headquarters – HyderabadSri Lankamalleswara Wildlife Sanctuary – Andhra PradeshInsolvency and Bankruptcy Board of India (IBBI) established on – 1 Oct 2016The situation in which the same risk is insured by two overlapping but independent insurance policies – Double InsuranceOctober 5 – World Teachers Day“F” in PFMS stands for – FinancialThe person selected by the policyholder to receive the benefit in case of death of the life insured thus giving a valid discharge to the insurer on settlement of a claim under a life insurance policy. – NomineeAdam’s Bridge Marine National Park – Sri LankaOslo is the Capital of – Norway“Unstoppable: My Life So Far” book written by – Maria SharapovaNarendra Singh Tomar constituency – GwaliorOlympics 2024 Venue – Paris“K” in PMKVY stands for – Kaushal(Pradhan Mantri Kaushal Vikas Yojana)2019 FIFA Women’s World Cup Venue – FranceCapital of Myanmar – NaypyidawMahanama Express – Varanasi to VadodaraIndia’s first electric bus – Himachal PradeshCommerical paper related to – money marketEMS Corporation Stadium – KeralaPromissory notes – Negotiable Instrument Act 1881The early termination of an insurance product by the policyholder – Surrenderlife coverage during the term of the policy and the maturity benefits are paid in installments by way of survival benefits in every 5 years. – Money Back Policy“M” in MPC?- Monetary(Monetary Policy Committee)Bhimbandh Wildlife Sanctuary – BiharLIC was nationalized – 1956In a first, transgenders employed at – Kochi MetroHeadquarters of NSE- MumbaiFIFA football cup 2022- QatarUdawalawe National Park – Sri LankaSep 15 – International Day of DemocracyThe Legend of Lakshmi Prasad Book by Twinkle Khanna Which date the insolvency and bankruptcy code, 2016 signed by president?28th may, 2016FCCB is issued by – CompaniesUNIDO Headquarters – Vienna, AustriaThe lime app is launched by – Axis BankThe name of SBI’s digital branches – sbiINTOUCHNUUP available in – 12 languagesZagreb is the capital of – CroatiaSep 28 – World Rabies DayFincare small finance bank Headquarters – BengaluruBaglihar dam – J & KIn BBPS, P stands for – Payment(Bharat Bill Payment System)Indian Rupee Account, fully repatriable, can be open only by NRI – NRE AccountCanara Bank launches “CANDI”-its first digital branch in Bengaluru.USSD – Unstructured Supplementary Service DataChillar – HDFCFirst Biodegradable Prepaid Card – Axis BankZiggit mobile wallet by IDFCRanjit sagar dam – PunjabMaximum amount at a time through USSD – Rs.5000Bagota – Capital of ColombiaMountain echos festival- BhutanILO headquarter – GenevaIn SAARTHI app S stands for – Synergised Advanced Application Rail Travel Help and InformationPLSS – Public Land Survey SystemFirst open defecation free city – IndoreRewa Solar Plant – Bhopal, MPInternational Youth Day – 12th AugustMA Chidambaram Stadium – Chennai, TNRowa wildlife sanctuary – TripuraIndia’s longest bridge Dhola- shadiya in – AssamLead banking Scheme – 1969India’s rank in 2017 Sustainable Development Goal(SDG) Index – 116Pradhan Mantri Kaushal Vikas Yojana – 2022Headquarters of World Bank – Washington, D.C., USInter-governmental body responsible for promoting and protecting human rights around the world – UNHRCNathua sea, South China sea – IndonesiaBhimketa caves – Madhya PradeshIUCN headquarters – Gland, SwitzerlandWorld Humanitarian Day – Aug 19Nashik on banks of which river – GodavariDandeli Tiger Reserve – KarnatakaCuttack – MahanadiChepauk – ChennaiIndia largest commodity exchange – MCXIndian Institute of Liver and Digestive Sciences – West Bengal(Sustainable Development Goals)SDG target year – 2030Office of the High Commissioner for Human Rights(OHCHR) HQ – GenevaFunction of IMF – Provide loansPM Mudra Yojana – MSME sectorSAARC HQ – Kathmandu, NepalWhich of the following is not a part of World Bank Group? – BIS(Bank for International Settlements) Theatre Olympics 2018 – IndiaInternational Rice Research Institute – VaranasiUBI Full Form – Universal Basic IncomeFAO Headquarters – Rome, ItalyNFSM Full Form – National Food Security MissionDudwa National park –  Uttar PradeshESAF launched its small finance bank operations in – KeralaIn JLF, F defines – Joint Lending ForumTruncation is the process under which section of NI ACT 1881 – Section 6July 28 – World hepatitis dayUPI is launched by NPCI & regulated by RBI Issuer Identification Number(IIN) – Six Digit NumberIn MTSS, “M” Stands for – Money(Money Transfer Service Scheme)In ECB – “E” stands for – External(External Commercial Borrowing)Kishtwar National Park – Jammu & KashmirPosition of “Zero” in IFSC Code – FifthIn MICR, “I” stands for – Ink(Magnetic Ink Character Recognition)The first physical branch of Paytm Payment Bank – Noida Bank of Rajasthan merged with – ICICIJawaharlal Nehru Centre for Advanced Scientific Research – Bengaluru, KarnatakaJuly 18 – Mandela DayLisbon is a capital of – PortugalIDFC Bank Headquarters – Mumbai, MaharashtraBrahadeswara temple – Tamil NaduAgriculture Insurance Company of India Limited – New DelhiHQ of Capital Small Financial Bank – JalandharWorld Population day – July 11Madrid is the capital of – SpainAlmatti dam – Vijaypur district, KarnatakaAbu Dhabi is capital city of – United Arab EmiratesFull form of LAF – Liquidity Adjustment FacilityDhola- Sadiya bridge (also known as Bhupen Hazarika Setu) built on which river –Brahmaputra & LohitBalewadi stadium aka Shree Shiv Chhatrapati Sports Complex Stadium – Pune, MaharashtraMFI(Micro-Finance Institution) registered as NBFC are regulated by – Reserve Bank of IndiaE-sanad – Ministry of External AffairsSponsor of Indicash, India’s first White Label ATM services – Tata Communications Payment Solutions Limited (TCPSL)Darwaja band camping launched by which department – Ministry of Drinking Water and SanitationAuthor of the book “Mann Ki Baat – A Social Revolution on Radio” – BlueKraft Digital FoundationSonai Rupai Wildlife Sanctuary – AssamNSDL – National Securities Depository LimitedBanks cannot take deposits under PMGKY – Co-operative banksIndia’s first underwater rail tunnel, constructed under the Hooghly river between – Howrah and KolkataFSDC – Financial Stability and Development Council Pension Regulator – PFRDA – Pension Fund Regulatory and Development AuthorityDudhwa national park – UP.June 20 – World Refugee DayTIES – Trade Infrastructure for Export Scheme.Kampala – Capital of Uganda Ping Pay app – Axis BankState government’s share in RRBs – 15%Sun Temple at Konark in – OdishaVadodara city is situated on the banks – Vishwamitri RiverInsurance cover in PMSBY – Rs 2 lakhsNPCI has implemented – National Automated Clearing House (NACH)I in WIPO – Intellectual(World Intellectual Property Organization)HDFC Headquarters – MumbaiStand Up India Scheme -SC, ST and Women borrowers – Rs.10 lakh to 100 lakhCapital of Airtel Payment Bank capital – Rs.3,000 croreBhagwan Mahaveer Sanctuary and Mollem National Park – GoaBank’s maximum denomination printable currency – 10,000Ujjivan Bank Headquarters – Bengaluru% of Small Finance Banks to be opened in unbanked rural area – 25%Under MUDRA scheme “Kishor” covering loans above Rs 50,000 and up to – Rs.5 lakhSrisailam Dam – KrishnaUN International Day of Vesak – SrilankaAs per RBI by Mar 2019 Asset Reconst Company to gain net corpus – 100 CroreRBI implementations of JLF regarding – Stressed AssetsClass of Derivative that at least partly derived from more than one stock exchange – Equity DerivativeBase year for GDP calculation changed from 2004-05 to – 2011 – 12For 2017-18, target of digital transactions through UPI, USSD, Aadhar, IMPS – 2500 CroreWhat is P in APBS – Payment(Aadhaar Payments Bridge System)SBI Mingle – Facebook and TwitterCheque written by drawer and dated at some point in past is called – Anti dated ChequeFinancial metric for a company’s Operating Liquidity – Working CapitalCollapse of a financial system or collapse of a market is – Systemic RiskAs per RBI norms, Payment banks cannot do – NRI DepositsFor small banks, initial promoter stake for first 5 years should not be less than – 40%An offense of tax evasion is slated to be a non-bailable offense if the amount exceeds – 5 croreS in MSF – Standing(Marginal Standing Facility)NBFC’s can accept public Deposits for maximum period of – 60 monthsNational Financial Switch an ATM network is regulated by – NPCICheque Truncation – Section 6B of Negotiable Instruments Act 1881ABN AMRO bank Headquarter located in – NetherlandsDishonour of cheque for sufficiency of funds in the amount deal with under which section – Section 138Indian Overseas Bank headquarter located in – ChennaiIndradhanush 2.0 related with – For recapitalization of PSBsKonkani language belongs to which part of India – GoaKuchipudi is the classical dance of which Indian State – Andhra PradeshManas wildlife Sanctuary situated in which of the following India State – AssamPayzapp application launched by which of the Private Sector Bank – HDFCUNEP Stands for – United Nations Environment Programme.CNP stands for – Card Not Present25th April – World Malaria DaySize of Rs.2000 Note?– 166m*66m100% government equity payment bank?- India Post Payment BankAEPS full form ? – Aadhaar Enabled Payment SystemAEPS SYSTEM required Aadhar number and _____________ ? – Bank IIN or NameAirtel payment bank is joint venture with? – Kotak Mahindra Bank LtdChina Nepal Army Exercise Name ?- Sagarmatha Friendship-2017Dibrugarh is situated on the bank of which river? – Brahmaputra riverDodhar trophy related to which sport ? – CricketEaZypay app launched by ? – ICICI bankHeadquarters of Central Bank of India? – MumbaiJAN Laxmi finance NBFC Headquarters ? – BengaluruKathakali dance is the classical dance of ? – KeralaMalyalam language state ? – KeralaRBI nationalised in –1949Krishna Wildlife sanctuary located in – Andhra PradeshEquitas Small Finance Bank Headquarters – ChennaiBanks were advised to initiate urgent steps to ensure electronic filing of (CTR) and(STR) to FIU-IND. what is S in STR? – Suspicious Transactions ReportsHeadquarters of ILO – Geneva, SwitzerlandCurrency of Austria – EuroCapital of Vietnam – HanoiPremium of PMJJY Life insurance – Rs. 330Kakrapar Atomic Power plant  –  Vyara, GujratTheme of “No Tobacco Day” observed on 31st May  – Tobacco a threat to development.India’s first book village to come up in – Bhilar, MaharashtraHeadquarters of Exide Life Insurance – BengaluruIRDAI established in –  1999“World Red Cross Day” is observed – 8th MayAddis Ababa capital of – EthiopiaFCNR R stands for – Foreign Currency Non-Repatriable accountAEBA -B stands for – Aadhaar Enabled Bank AccountsNegotiable instruments act 1881 – cheque related to – Section 6 BBanking ombudsman – RBI8 March – International Women’s DayWinter Olympics 2018 host – PyeongchangNational games 2017 host – GoaHimachal Pradesh second capital – DharamsalaTamilnad Mercantile Bank HQ – ThoothukudiBhimbetka rock shelters – Madhya PradeshWorld’s biggest cricket stadium, to accommodate 1.10 lakh spectators – GujaratNagarhole National Park – KarnatakaCERSAI Hq – New DelhiBanking ombudsman appointed by – Reserve bank of IndiaAmbedkar birthday 2017 – water dayPan card compulsory for all accounts except – PMJDY AccountMultilateral Investment Guarantee Agency HQ – Washington, D.CFirst National Voters Day – 2011“Forge your future” – A. P.J Abdul Kalam62 Lifetime achievement award – Shatrughan SinhaiMobile  – ICICIWorld’s first diamond trading exchange – Singapore Diamond Investment Exchange (SDiX)Bleed lines in 2000 rupee note – SevenNational Youth day – 12th JanuaryThe first non-UTI Mutual Fund established by – SBIFull form of GST  – Goods and Service TaxFull form of UJALA – Unnat Jyoti by Affordable LEDs for AllIPPB is offering Savings account up to a balance of Rs 1 Lakh.Maximum balance in the BSBDA account should not exceed fifty thousand rupees at any timeFirst payment bank got license – AirtelInitial capital required for Payment bank – Rs. 100 croreThe first Indian batsman to score a triple-century – Virender SehwagNotice money – 2 to 14 DaysGood Governance Day – Atal Bihari VajpayeeWorld’s Longest flight between which two country – Qatar and New ZealandIndia’s first social innovation centre –  TelanganaHeadquarters of PNB – New DelhiRs. 2000 production cost – Rs. 3.54India’s first transgender school opens in KeralaMysuru gets India’s 1st post office passport kendraPunjab & Sindh bank HQ – New DelhiIAEA HQ – Vienna, AustriaGandhi Stadium or Burlton Park or B.S.Bedi Stadium – Jalandhar, PunjabNathpa Jakhri Dam – Himachal PradeshAn unsuitable boy – Biography of Karan JoharSecurities market regulated by – SEBIChitwan National Park – Kathmandu, Nepal22 March – World Water DayVijaywada – Krishna riverPayment Regulatory Board Chairman – Governor of RBICancer day theme – We can I can.Saxo Bank HQ – Denmarkimobile – ICICI bankSecurities in electronic form – DematerializationSIP investment scheme – Mutual FundsThai Pongal – Tamil NaduKalayaripattu – KeralaInternational Fund for Agricultural Development – RomeHeadquarter of syndicate bank- Manipal, KarnatakaHemis National Park – J & KA money in bank account is treated as Unclaimed money deposit after how years? – 10 yearsBaglihar Hydroelectric power plant ? – J&K;Belgrade is the capital of ? – SerbiaHeadquarter of Deutsche bank?- GermanyHeadquarter of which of the bank is not in Karnataka?IDA Headquarters ? – Washington, D.CIndra navy exercise with? –  RussiaLargest network of shared ATMs in India? – National Financial Switch(NFS)Law related to DISHONORNING OF CHEQUE in section 138.Maximum limit of Shishu ? – Rs 50000Maximum loan under Standup India? – Rs 1 croreNaira is a currency of ? – NigeriaSathyamangalam Wildlife Sanctuary – Tamil NaduMaharana Pratap Sagar dam- HPAsian Games 2018 – IndonesiaEMI – Equated Monthly InstallmentPradhan Mantri Krishi Sinchai Yojana (PMKSY) initial corpus – 500 billionBook “Death Under the Deodars” is written by  – Ruskin BondSummer Olympics 2020 – TokyoManama is the Capital of – BahrainHQ of RBL Bank – Mumbai, MaharashtraHQ of South Indian bank – Thrissur, KeralaMarch 15 – International Consumer Rights DayHQ of Karnataka bank – MangaloreNamdapha National Park – Arunachal PradeshAIPB Stands for – Accelerated Irrigation Benefits ProgrammeSonali Bank Limited – BangladeshFull form of IAEA – International Atomic Energy Agency28th February – National Science Day24×7 Fund Transfer Facility – IMPSFull form of IMPS – Immediate Payment ServiceThe Indirasagar Dam is a multipurpose project of Madhya Pradesh on the Narmada RiverFull form of IFSC – Indian Financial System CodeRBI launches which portal to collect illegal money – SachetMinimum age for opening a bank account – 10 yearsThe Range of loan in StartUp India – 10 Lakh to 100 LakhTamor Pingla Wildlife Sanctuary – ChhattisgarhIndia’s first International exchange BSE INDIA INX inaugurated in – Gujrat, GandhinagarHeadquarter of J.P Morgan Chase Bank – New York, USAUnited Nations has declared the year 2017 as the – International Year of SustainableKalidas Samman award – Classical Music, Classical Dance, Theatre and Plastic ArtsNo transactions in the account for over a period of two years – Inoperative Accounts / Dormant AccountsTarun, Kishore and Shishu loan schemes – Pradhan Mantri Mudra Yojana(PMMY)Bhim app is based on – UPIChhabra Thermal Power Plant – RajasthanBannerghatta national Park – KarnatakaJSCA International Stadium complex – Ranchi, IndiaMitra Shakti Military exercise between which country – India and SrilankaBank of Maharashtra Headquarter – Pune, MaharashtraWorld Economic Forum Headquarters – Cologny, SwitzerlandWhich State has Highest Population according to census 2011 – Uttar PradeshKohima – Capital of NagalandTHE DRAMATIC DECADE : The Indira Gandhi Years – by Pranab MukherjeeShanti Swarup Bhatnagar Prize for Science and TechnologyResident individuals and professionals with 10 years’ experience in banking and finance are eligible to promote universal banks.While giving banks this freedom, RBI had said a uniform rate will have to be offered on deposits of up to Rs. 1 lakhCapital of Mizoram – AizwalIndian Overseas Bank Head office – ChennaiDachigam national Park – Jammu and kashmirAuthor of the Book “India 2020” – A.P.J Abdul KalamPulicat lake – Andhra PradeshWTO headquarters – Geneva, SwitzerlandDronacharya award related to – Sports coaches2018 Commonwealth Judo Games – IndiaWorld Cancer Day – February 4Shaheed Veer Narayan Singh Cricket Stadium – Raipur, ChhattisgarhGurudongmar Lake –  SikkimFor FDI up to 49 per cent, the approval of the Foreign Investment Promotion Board is required.FDI in Payment Banks 74% – The foreign shareholding in the payments bank should be as per the Foreign Direct Investment (FDI) policy for private sector banks.OCMC –  Online Consumer Mediation CentreGobind Sagar dam – Himachal Pradeshkumarakom bird sanctuary – KeralaWhich operates in hourly batches – NEFTP in EFTPOS stands for – PointCommercial Papers are issued by –  Corporate companiesRabobank HQ –  Utrecht, Netherlands.Initially shares in RBI owned by –  Private shareholdersNBFC accept deposits for a maximum period of – 60 MonthsAuthor of the book, “Immortals of Meluha” – Amish TripathiMicro ATMs connects to server via – GPRSInternational Criminal Court – The Hague, NetherlandsSHCIL is the only central record keeping agency of indiaRBI to banks – repo rateOTP is not required for transaction  upto 2000 rsMicro credit “loan of very small amount” to poorIf an Account is not used for 2 years is called inoperative or dormant Account .BSBDA account valid for a period of 12 months initially .Specific risk is not the type of market riskNACH is used for making bulk transactionsFDI limit in private banks is 74%Mobile Money Identifier (MMID) is a seven digit unique numberRajiv Gandhi international stadium – HyderabadAanchal Thakur related to – SkiingCentral Road & Transport Institute- Pune, MaharashtraSomasila Project- Andhra PradeshL in NCLT- Law( National Company Law Tribunal)C in CRR- Cash(Cash Reserve Ratio)Gangtok is the capital of- SikkimSocial network mandated to link Aadhaar to its Account- FacebookNaseem Al Bahar Exercise between India and – OmanMember Of BIMSTEC- Myanmar25th December celebrated as good governance day in the birthday of- Atal Bihari VajpayeePaytm partner with whom for fixed deposit- IndusInd BankWhat is the amount of PMJJY- Rs.330Prague is the capital of which country- Czech Republic13th February – World Radio DayPresident of Liberia- George WeahPrime Minister has inaugurated Rajasthan refinery in- BarmerImperfect is an autobiography of- Sanjay ManjrekarName the Bank, which has crossed 5billion market share- HDFC BankF in MSF- Facility (Marginal Standing Facility)The headquarters of Catholic Syrian Bank- KerelaRBI stated to provide Banking Services at the doorstep for the people above- 70 years2018 Blind Cricket World Cup winner – IndiaThe meaning of “S” in SWIFT- Society (Society for Worldwide Interbank Financial Telecommunication)Highest FDI in India from which country- MauritiusWhich country has emerged as the top borrower from Asian Infrastructure Investment Bank (AIIB)- IndiaName the river near Agra – YamunaNote Torn into two pieces and pasted together- Soiled NoteUniversal bank get share listed on the stock exchange of commencement of business – 6 yearsThe new limit for compensation by Banking Ombudsman- Rs. 20 LakhKalidas Samman was given by which state? Madhya PradeshKarcham wangtoo hydroelectric plant located in – Himachal Pradesh78th session of Indian History Congress held in – KolkataGajner Wildlife Sanctuary is located in which State – RajasthanKattupalli Shipyard cum Captive Port Complex is a large shipyard project located in – ChennaiChandi Lahiri was eminent- CartoonistHamesha vijayee exercise held in which state – RajasthanA lender of last resort is an institution, usually a country’s- Central Bank “D” in MDR- Discount (Merchant Discount Rate)The Nordic-Baltic embassies are all set to host the first ever youth film festival of the European nations in- New DelhiPayment Bank cannot give- Credit CardBlue Flag Project has Launched by Environment ministry for- Beach Clean upGangtok is the capital city of which Indian State – SikkimChinnar Wildlife Sanctuary located in which Indian State- KeralaMD and CEO of India Post Payments Bank (IPPB)- Suresh SethiHimalayan Hydro Expo 2018 – Kathmandu, NepalL&T; Shipbuilding is located in –Tamil Nadu“S” in NFS – Switch(National Financial Switch)Govind Sagar Dam – Himachal PradeshImphal is the capital of – Manipur“A” in PCA- Action (Prompt Corrective Action)“L” in NCLT- Law (National Company Law Tribunal)4th January is celebrated as- World Braille DayEquitas Small Finance Bank Headquarters- ChennaiDronacharya Award –Sports CoachingHead Quarters of Standard Chartered Bank- London, UKHead Quarters of World Food Programme/Organisation- Rome, ItalyHeadquarters of SIDBI- LucknowThe Riel is the currency of- CambodiaAyodhya located which bank of river- Sarayu RiverBRICS summit 2018- South AfricaMost populated state in India- Uttar PradeshThe Indira Gandhi Prize for Peace – Manmohan SinghThe new Rs 50 denomination motif –  Hampi with Chariot“I” in LEI- Identifier (Legal Entity Identifier)“E” in AEPS- Enabled (Aadhaar Enabled Payment System)Sangai festival 2017- ManipurBaglihar Dam located in- Jammu and KashmirKarun Kaladharan Nair related to which sports- CricketCountry not in BIMSTEC- Pakistan“Fake News” named the word of the year by – Collins dictionaryBirbal Sahni Institute of Palaeobotany – LucknowAIBA Women’s Youth World Championships – GuwahatiBharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is wholly owned subsidiary- RBIUnited Nations Framework Convention on Climate Change (UNFCCC) meeting 2017- Bonn, GermanyIMBAX exercise is the joint Bilateral Military Exercise between which countries – India and MyanmarDICGC – providing insurance of depositsCherry blossom festival- MeghalayaVinesh Phogat – Indian Wrestler“N” in NCLT- National (National Company Law Tribunal)“M” in MIBOR- Mumbai (Mumbai Interbank Offered Rate)The headquarters of Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI)- New DelhiBhat is the currency of- ThailandThe headquarters of Fincare Small Finance Bank- BengaluruFirst payments bank in March 2017- Bharti AirtelShillong is the capital city of- MeghalayaHindi Writer awarded Jnanpith award 2017- Krishna SobtiIFFI personality of the year award for- Amitabh BachchanThe meaning of “E” in EFTPOS- Electronic (Electronic Funds Transfer at Point Of Sale)Bank has launched YONO (You Need Only One) app- SBIThe headquarters of NABARD- MumbaiPrime Minister Kirti Nidhi Bista passed away. He was former PM of- NepalSonali Bank Limited is a state-owned leading commercial bank in- BangladeshGreat Indian Bustard Sanctuary is a wildlife sanctuary in- MaharashtraThe Indira Sagar Dam is a multipurpose project of- Madhya PradeshCuttack city is situated on the bank of which river- Mahanadi River“B” in CBLO- Borrowing (Collateralized Borrowing and Lending Obligations)United western bank merged with IDBIMMID related to mobile.India’s first black buck conservation reserve to come in Allahabad National voters day – January 25The Bank launches voice-based international remittance service – ICICINumber of Depositories under SEBI – 2Loksabha speaker – Sumitra MahajanSEBI chairman – Ajay TyagiPCA – Prompt Corrective ActionIFSC – Indian Financial System CodeMUDRA – Micro Units Development and Refinance Agency BankICC U-19 Venue – New ZealandIIT JEE topper in Limca records – Kalpit VeerwalAshok chakra – Havildar Hangpan DadaRBI issues currency under – RBI act 1934India International Coffee Festival (IICF) 2018 – BengaluruNational Film Award Best Hindi Film – NeerjaBest film under Jio Filmfare award – DangalFirst floating solar power plant in India – KeralaIPPB starts operations by – April 20181 rupee note has become 100 years old on – 30th November 2017G.I Full form – Geographical IndicationBanking ombudsman appointed by – RBIThe bank which has launched a unified integrated app called YONO is – SBIIndia’s first AC suburban train flagged off in – Maharashtra2018 FIFA World Cup Official Mascot – WolfWorld Food Day – October 16Arjan Singh – Marshal of the Indian Air ForceSIDBI – Development of MSMEsCommon Wealth Games Venue – AustraliaBRICS theme –  Stronger partnership for brighter future1st runaway sea bridge – LakshadweepCRR, SLR related to – BankingKuwait Capital – Kuwait CityNiti Aayog Chairman – Prime MinisterGujarat CM – Vijay RupaniThe person who has broken the world record for cycling Mark BeaumontUPI – Unified Payment Interface75th anniversary of India’s independence – 2022Demat Account – an account that allows investors to hold their shares in an electronic formMoney laundering – Converting illegal Money to legal MoneyCommercial papers issued by – Corporate, Financial InstitutionsGuidelines to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities. – KYC NormsMost Followed Indian On Twitter – PM ModiWorld’s biggest” sand Santa – Sudarshan PattnaikIndian Olympic Association President – Dr. Narinder Dhruv BatraPresident Ram Nath Kovind inaugurated Fibre Grid project in Andhra PradeshUpper Transaction Limit of RTGS – No Upper LimitSGBs are issued by Reserve Bank of India on behalf of Government of India.The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP)Companies to give 2% of profits to –  CSRIT grievances app – e-nivaranNobel Price in Economics – Richard ThalerIMPS – 24 x 7LAF – Liquidity Adjustment FacilityMCLR – Marginal Cost of funds based Lending rateP-Notes – Participatory Notes2000 rupee note has Motif of – MangalayanAditya – L1 First Indian mission to study the Sun – ISRO – 2019-2020Sudarsan Pattnaik has claimed to made the “world’s biggest” Santa face on the Puri beach of OdishaWho becomes first Indian woman wrestler to sign with WWE – Kavita DeviThe Ministry of Utmost Happiness by Arundhati RoyInfosys CEO – Salil ParekhIndia’s Hunger Index – 100Man Booker Prize – George Saunders(Lincoln in the Bardo)World’s first AI politician- SAM – New ZealandNational Rail and Transport University – GujaratFirst International Wheelchair Cricket Tournament – NepalETF – Exchange Traded FundEBT – Electronic Benefit TransferWorld’s ‘most visited place’ award by World Book of Records – Golden TempleNFO – New fund offerRichard H. Thaler – American economistIndia’s first and only design university, World University of Design – HaryanaInternational Yoga Day – June 21Good Governance Day – December 25Commonwealth Games to be held in 2022 – BirminghamNITI aayog vice-chairman – Rajiv PrasadVoice-based remittance service by apple to which bank –ICICIGlobal Hunger index –100PPF minimum amount-500Richard H Thaler belongs to – the USAIFSC – GujaratBD Mishra is the governor of – Arunachal PradeshAchnakamer wildlife sanctuary –  ChhattisgarhEconomic Nobel prize in 2017 – Richard Thaler.Overnight lending money – call money3rd International Conference on Yoga held – New Delhi.Balphakram National Park  – MeghalayaHand in hand Exercise – ChinaVienna is the Capital of – AustriaA stand for in FATF – Action – Financial Task Action Force‘A’ stands for in CAGR- Annual – Compound Annual Growth Rate.Virendra Singh’s constituency – Tikamgrah MPJRD Tata sports memorial situated – Jamshedpur.Sanjeev Stalin – Football.The first to start adjournment online – RajasthanHq of UCO Bank – KolkataL stand for in LAF – Liquidity Adjustment FacilityDhirubhai Ambani Solar Park – Rajasthan.Interest Risk is which type of risk – Market riskUkai dam is situated in – GujaratBharatiya Reserve bank Note Mudran press located in Salboni & which city – Mysore.Head of the committee for China relationship – Shashi TharoorCity has hosted the Meeting of 48 governors – New DelhiLekh Tandon – Indian filmmaker and actor.Winner of China Open Singles Men Title- Rafael Nadal.‘H’ stands for in NACH – National Automated Clearing House.Regulator of Microfinance given by NBFC – RBISavings & current account is known as – CASA ratio.SCO (Shanghai Cooperation Organisation) summit 2017, held in which country – Astana, Kazakhstan.Vice chairman of Niti Ayog – Rajiv Kumar.CRISIL – Analytical companyNational chemical and fertilizer headquarter – MumbaiL stand for in ELSS – Equity linked saving schemePayments Bank does not offer – Credit cardKisan Credit card facility not given by – Payment banksBenghazi port – Libya GDR  – Global Depositary Receipt‘M’ stands for in SFMS – messaging – Structured Financial Messaging SystemPACC Paris agreement on climate change is related to.- Climate changePF withdrawal has been increased from Rs. 30000 to – Rs. 50000NISM established by – SEBIBanks which help to raise funds by underwriting are called.- Investment BankingReduction in the amount of loan over a period of time – AmortizationFDI Proposal clearance by FIPB – 60 daysMIGA headquarters – Washington DCVarishtha pension bima yojana 8 percent interest for how many years – 10 yearsDomestic Systemically Important Banks (D-SIBs) –  size, cross-jurisdictional activitiesGuarantee Fund Trust for Micro and Small Enterprises – CGTMSEM in MPC – Monetary Policy CommitteeEquity RiskCryptocurrency#FancyJ

Ayushman Bharat Yojana

On 15th August 2018, Ayushman Bharat Yojana might get Rolled out for Whole CountryPM Narendra Modi Announced “Ayushman Bharat Yojana”, Officially on Ambedkar Jayanti 2018 i.e. on 14th April 2018 at Bijapur District ofChhattisgarhDuring the Budget 2018-19, The Finance Minister Mr. Arun Jaitley mentioned a new programme calledAyushman Bharat Program. Under thisScheme, Two Major health Sector Initiatives have been announced, Which are – 1) Establishment of Health and Wellness Centers and 2) National Health Protection Scheme. Recently Central Government has also released Official notification regarding this Scheme. Now It is Clear that the Ayushman Bharat Health Insurance Scheme will be rolled out for the Whole Country on 15th August 2018. Good Health is essential for well being. But, a large number of people in our country are fighting against various types of diseases. FinanciallySound people visit Top Class Private Hospitals and get rid of health problems quite easily. But, The Poor people have to struggle a lot. They willhave to make an arrangement of Money first and then Visit Government hospitals for treatment.These poor people are sometimes unable to buy medicines due to the Sky High prices. So, Overall it can be said that the Condition of PoorPeople in respect of Good Health is very poor. For long, the need for a Policy was felt that could help such people. Features of Ayushman Bharat Scheme –Under this Scheme Insurance Cover of Rs. 5 Lakh Will be GivenExpected Premium Will not be more than Rs. 2000 Per Year, Which will be Borne byCentral Government (60%) & State Government (40%)Almost 100 Million Poor Families will be covered Under this SchemeObjectives of Ayushman Bharat Programme 2018-2022Focus on Wellness of Poor FamiliesProviding the Medical benefit to Poor FamiliesEstablishing Health and Wellness centers at nearer distances, So that patients will not have to travel a long distanceAyushman Bharat Yojana – 2 Major Health InitiativesUnder the Ayushman Bharat Program, Mr. Arun Jaitley has mentioned Two Major Health Sector Initiatives that could help in eliminating theproblems that poor people face. Let’s Discuss both of these – Health and Wellness Centers – While Explaining theAyushman Bharat Programme, Mr. Arun Jaitley Mentioned that “Health and Wellness” Centers will be established. These centers will provide Comprehensive health care. These centers will also be responsible for providing Free EssentialDrugs and Diagnostics Services. National Health Protection Scheme – This Scheme is Also a part of Ayushman Bharat Yojana. The National Health Protection Scheme will cover10 crore, poor families. The approximate number of beneficiaries under this scheme will be 50 Crore. Under this Scheme, Medical Coverage ofRs. 5 Lakh per family, per year will be given. This is going to be the World’s Largest Government Funded Health Care Scheme.#Saarumathi

April 26 CA

● HRD Ministry Launches 2nd Edition Of Unnat Bharat Abhiyan ● Indo-Malaysian Joint Military Exercise 'Harimau Shakti' Held In Malaysia ● Coastal Security Exercise ' Sagar Kavach ' Held In Kerala ● PM Modi Embarks On 3-Day Visit To China ● Mario Abdo Benitez Elected New President Of Paraguay ● World Press Freedom Index Report : India Ranks 138th , Norway Tops ● Microsoft Is India's Most Attractive Employer : Randstad Survey ● NSE Launches e-Gsec Platform For Bringing Retail Participation In Government Securities ● NITI Aayog Launches Atal New India Challenge ● 2018 Secure India Conclave Held In New Delhi ● Canada To Host The World’s fFemale Foreign Ministers ● Nitin Gadkari Released A Book Named ' Have A Safe Journey ' ● Meghalaya Launches ' Mission Lakadong ' To Increase Organic Turmeric ● India - WB Sign $125 Million Agreement For ' Innovate In India For Inclusiveness Project ' ● India’s 1st e-Commerce Think Tank Meet Convened By Suresh Prabhu ● 48th Foundation Day Of HUDCO Celebrated . #RAJKUMAR