Daily GK Updates: 11th Sept 2014

Daily GK Updates: 11th Sept 2014

1.    Subhash Chandra Garg appointed as World Bank ED
i. Senior IAS officer Subhash Chandra Garg was today appointed as Executive Director (ED) in World Bank.
ii. Garg, a 1983-batch IAS officer of Rajasthan cadre, will have a tenure of three years from the date of assuming charge of the post, said an order issued by the Appointments Committee of Cabinet (ACC).
iii. The Executive Directors are responsible for the conduct of the general operations of the World Bank and exercise all the powers delegated to them by the Boards of Governors. They also select a President who serves as Chairman of the Boards.
iv. They are responsible for International Bank for Reconstruction and Development’s loans, guarantees and policies that impact the World Bank’s general operations among others.
v. The ACC had last month approved the proposal for extension of tenure of M N Prasad, a 1972 batch IAS officer of Bihar cadre (retired), as Executive Director, World Bank till October 31.

2.    Govt sets up panel to review environment laws
i. The Government has constituted a high-level committee to review various environment laws in order to bring them in line with current requirements.
ii. The four-member panel, headed by former Cabinet Secretary T S R Subramanian, has been asked to review five key green laws concerning protection and conservation of environment, forest, wildlife, water and air among others.
iii. The committee has been set up in the backdrop of government taking serious measures to fasten the environment clearance process for achieving economic growth without compromising green issues.
iv. "Based on experience gained in the implementation of aforesaid Acts, it has been decided to constitute a high-level committee to review these Acts and suggest appropriate amendments to bring them in line with their objectives," said a Ministry order.

Daily GK Updates: 10th Sept 2014

1.    Global business leaders gather at WEF, China

i. Global business leaders and politicians have gathered in the northern Chinese city of Tianjin for a meeting of the World Economic Forum.

ii. The Chinese Premier Li Kequiang will open the event. He is likely to downplay slowing growth and instead emphasise the importance of innovation to support a better quality of growth for the world's second largest economy.

2.    India signs 2 MoUs in WHO regional Health Ministers Meet
i. India has signed 2 MoUs during the WHO South East Asia Health Ministers Meet in Dhaka yesterday.
ii. A multilateral MoU among India, Bangladesh, Nepal, Bhutan and Thailand on prevention, control and eradication of Kalazar, a vector borne disease affecting millions of people in the region, was signed with the aim to eradicate the disease by 2020.
iii. Speaking on the occasion, Union Minister for Health and Family Welfare, Dr. Harsh Vardhan said, India has already put into effect interventions to aggressively tackle the disease in 56 affected districts of the country in Bihar, West Bengal and Jharkand.
iv. A bilateral MoU between India and Bangladesh was also signed for cooperation in the field of traditional systems of medicine and homeopathy.

Daily GK Updates: 9th Sept 2014

Daily GK Updates: 9th Sept 2014

1.    Reserve Bank to pick talent via UPSC-like test
i. The Reserve Bank of India will adopt a common recruitment system from next year to tap talent for its core functions. The larger objective is to strengthen itself in the changing economic scenario.
ii. “Starting from 2015, there shall be common recruitment for all core functions of the bank,” the RBI said in an internal report on HR initiatives.
iii. At present, it recruits officers and support staff for core and non-core functions through different examinations, such as the Grade ‘B’ officers level exam. The RBI now has about 17,000 employees.
iv. The proposed common recruitment will not only cover traditional areas such as economics and statistics but also include niche skills, such as risk management, financial markets trading, accounting, legal, human resources management and counselling.
v. The officers that are recruited will have a common seniority. In effect, it will be like the common cadre under the All India Services of the Union Public Service Commission.
vi. The Reserve Bank Services Board hopes to complete the entire recruitment cycle within three to four months.

2.    RBI sets 70 years as upper age limit for MD, CEO of pvt banks
i. The Reserve Bank of India on Tuesday decided to fix the maximum age for Managing Directors and Chief Executive Officers in private sector banks at 70.
ii. RBI said in the light of the provisions of the Companies Act, 2013, the upper age limit for Managing Director & Chief Executive Officer (MD & CEO) and other Whole Time Directors (WTDs) of banks in the private sector should be 70 years.
iii. Within the overall limit of 70 years, individual bank’s boards are free to prescribe a lower retirement age for WTDs, including MD & CEO, as an internal policy, RBI said in a circular.
iv. RBI said the Companies Act, 2013 prescribes that "no company shall appoint or continue the employment of any person as Managing Director, Whole Time Director or Manager who is below the age of 21 years or has attained the age of 70 years''.

Daily GK Updates: 7 - 8th Sept 2014

Daily GK Updates: 7 - 8th Sept 2014

1.    India slips to 62nd spot in effective stock market regulation ranking
i. Indian capital markets may be riding high on positive investor sentiments, but the latest report by World Economic Forum (WEF) shows that the country has plunged 35 places to 62nd rank in terms of effective regulation of the stock exchanges.
ii. The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.
iii. South Africa is on the top followed by Finland, Hong Kong SAR, Luxembourg and Singapore in this category, says the report.
iv. Besides, neighbouring countries Pakistan and China are also placed at a better position than India on the parameters at 51 and 58 positions, respectively.

Note: i. The findings are part of WEF’s Global Competitiveness report 2014-15, where India has been ranked among 144 countries across the globe.
ii. The performance review was based on 12 pillars, including development of the financial markets. A value of 1 for regulation of exchanges implies ‘not at all effective’ while 7 represents ‘extremely effective’.

2.    India, Germany to cooperate in skill dev, river cleaning
i. India and Germany on Monday agreed to prepare a roadmap for cooperation in skill development, solid waste management and cleaning of rivers as visiting Foreign Minister Frank Walter Steinmeier met PM Narendra Modi who described the two nations as "made for each other".
ii. During the meeting in New Delhi, Steinmeier conveyed Germanys strong desire to work with the new government in India to further expand and deepen bilateral relations.
iii. The move to take Germany's help in skill development, waste management and river cleaning assumes significance as Modi has enlisted cleanliness as his priori-ty agenda.
iv. Suggesting use of Germany's strength and experience in the area of skill development, he said both sides should develop a concrete time-bound plan for training of Indian youth to meet Indian needs and the global requirement of skilled human resources.

GK Questions - IBPS RRB Officer Scale - I (7th Sept 2014) Both Shift

Dear readers, here we are providing you some of the General Awareness questions which was asked in IBPS -RRB Officer Scale - I Exam held in 7th September 2014 in both (Morning & Evening) Shift.

 Following questions were shared by our readers with us.

General Awareness Questions 
 
1.    Which state in India has highest rural population - U.P

2.    Currency of Finland – Euro


3.    Capital of Egypt - Cairo

4.    2015 BRIS Summit- Ufa, Russia

5.    World diabetes day- 14th November

6.    Movie directed by Muzaffar Ali (film maker),Rajiv Gandhi National Sadbhavana Award winner- Umrao Jaan

7.    Role of Chief Operating Officer (COO) appointed by RBI – as a 5th Deputy Governor of RBI

8.    Dipika Pallikal and Joshana Chinappa related to – Squash

9.    Dronacharya Award Selection Committee headed by- Ajitpal Singh

GK Questions - IBPS RRB Officer Scale - I (6th Sept 2014) Morning shift

GK Questions - IBPS RRB Officer Scale - I (6th Sept 2014) Morning shift

Dear readers, here we are providing you some of the General Awareness questions which was asked in today's IBPS -RRB Officer Scale - I Exam Morning Shift.

 Following questions were shared by our readers with us.

General Awareness Questions

1.    Next G-20 summit (2015) is to be held in – Turkey


2.    Capital of Bhutan – Thimpu
                  
3.    Currency of Italy – Euro

4.    Current CRR – 4%

5.    Minimum RTGS – 2 lakh

6.    External Affair Minister  of India – Sushma Swaraj

7.    Work of Banking Ombudsman – Solving customer complaints.

आई.बी.पी.एस.-आर.आर.बी. - हिंदी भाषा

निर्देश (01-5): नीचे कुछ शब्द दिए गए हैं l प्रत्येक कि वर्तनी के लिए चार विकल्प दिए गए हैं l इनमें से एक विकल्प में शब्द कि शुद्ध वर्तनी दी गयी है l आपको उस शुद्ध वर्तनी का चयन करना है l 
1.       
(1) चीरजिवी          
 (2) चिरजिवी
 (3) चिरजीवी          
 (4) चीरजीवी              
 (5) इनमें से कोई नहीं


2.        
(1) निम्नलिखित             
 (2) निम्निलिखित                              
 (3) निम्नलिखीत       
 (4) निमनलिखीत     
 (5) इनमें से कोई नहीं

3.        
(1) सहभाग्यता        
 (2) सहभागिता
 (3) सहाभागीता         
 (4) सहभागीता       
 (5) इनमें से कोई नहीं

Daily GK Updates: 5th Sept 2014

1.    NATO Summit- Wales 2014

i. Wales is hosting the largest gathering of international leaders ever to take place in Britain at the NATO summit on 4 to 5 September 2014.
ii. This will be the first NATO summit since Chicago in 2012, and the first NATO summit in the United Kingdom since Margaret Thatcher welcomed NATO leaders to London in 1990.
iii. President Obama, Chancellor Merkel and President Hollande are expected to attend along with leaders and senior ministers from around 60 other countries.
iv. The summit comes as NATO draws down from its longest ever mission in Afghanistan and against a backdrop of instability in Ukraine. It is an opportunity to ensure that NATO continues to be at the forefront of building stability in an unpredictable world.

Announcing that Wales would host the NATO Summit 2014, the Prime Minister ‘David Cameroon’ said:
i. It’s a great moment for Wales to advertise its modern and economically brilliant face to the world. We are going to have up to 60 world leaders coming to Wales for this vitally important NATO conference, so I think it’s a very good moment for Wales to put its best foot forward.
ii. We had the G8 in Northern Ireland, we had the Olympics in London, we’ve got the Commonwealth Games in Scotland - it is Wales’ turn for one of these big events, a great showcase for Wales and a great opportunity and I’m really pleased that we are going to be doing that.

आई.बी.पी.एस.-आर.आर.बी. - हिंदी भाषा

निर्देश (1-0): गद्यांश को पड़कर निम्नलिखित प्रश्नों में सबसे उचित विकल्प चुनिएl

सिक्षा को वैज्ञानिक और प्राविधिक मूलाधार देकर हमनें जहां भौतिक परिवेश को पूर्णतया परिवर्तिति कर दिया है और जीवन को अप्रत्याशित गतिशीलता दे दी है, वहाँ साहित्य, कला, कर्म और दर्शन को अपनी चेतना से बहिस्कृत कर मानव-विकास को एकांगी बना दिया है l पिछली शताब्दी में विकास के सूत्र प्रकृति के हाथ से निकलकर मनुष्य के हाथ में पहुँच गए हैं, विज्ञान के हाथ में पहुँच गए हैं और इस बंद गली में पहुचने का अर्थ मानव-जाती का नाश भी हो सकता है l इसलिए, नैतिक और आत्मिक मूल्यों को साथ-साथ विकसित करने कि आवश्यकता है, जिससे विज्ञान हमारे लिए भस्मासुर का हाथ  न बन जाये l  व्यक्ति कि क्षुद्रता यही राष्ट्र कि क्षुद्रता बन जाती है तो विज्ञान भस्मासुर बन जाता जाता है l इस सत्य को प्रत्येक क्षण सामने रखकर ही अणु-विस्फोट को मानव-प्रेम और लोकहित कि मर्यादा दे सकेंगे l अपरिसिम भौतिक शक्तियों का स्वामी मानव आज अपने व्यक्तित्व के प्रति आस्थावान नहीं है और प्रत्येक क्षण अपने अस्तित्व के संबंध में संकाग्रस्त  हैl


1.         हमारी विज्ञानधृत शिक्षा की सर्वाधिक महत्वपूर्ण देन है?
 (1) गतिशील जीवन का प्रत्यावर्तन
 (2) जीवन का अपरिसीम भौतिक विकास
 (3) जीवन का सर्वांगिर्ण विकास       
 (4) जीवन का एकांगी विकास
 (5) उपर्युक्त में से कोई नहीं  

Daily GK Updates :4th Sept 2014

1.    Former CJI P Sathasivam appointed as Governor of Kerala

i. Former Chief Justice of India, Palaniswamy Sathasivam was appointed as the new Governor of Kerala. His appointment to the office will come into effect from the date, he will assume the charge of his office.
ii. With this appointment, 65-year-old Sathasivam became the first Chief Justice of India to be appointed to the post of a Governor of a State, which is lower in warrant of precedence to the CJI.
iii. Apart from this, Sathasivam who was the 40th chief justice of India holding office from July 2013 to April 2014 is also the first non-political person to be appointed for a gubernatorial post by the new NDA government.

2.    Govt sets up panel on unclaimed PPF, small savings deposits
i. The government has set-up a Committee to examine the un-claimed amount in PPF, Post Office and Savings Schemes. The committee will examine and recommend how this amount can be used to protect and further financial interest of the senior citizens.
ii. The seven member committee is being headed by the Deputy Governor H R Khan of Reserve Bank of India and will submit its reports by 31st December this year.
iii. The Committee has been set up in pursuance of the announcement made by the Minister in his Budget speech. The committee will also suggest whether the unclaimed deposit should come to government or be kept in a separate account.

Daily GK Updates:3rd Sept 2014

1.    Justice HL Dattu to be Next Chief Justice of India

i. Justice HL Dattu is all set to be the next Chief Justice of India. The government moved with great speed earlier this week to clear his appointment.

ii. CJI RM Lodha retires on the 27th of this month after which Justice Dattu will have a tenure of more than a year till December 2015.

iii. Justice Dattu joined the apex court as a judge in 2008. Born on December 13, 1950, he enrolled as an advocate in 1975 and began practising in Bangalore.

iv. He dealt in all types of matters, be it civil, criminal, tax or even Constitutional cases. From 1983 onwards he appeared in various capacities before the Karnataka High Court including as government pleader for sales tax department, standing counsel for Income Tax department and later as government advocate.

v. After two CJIs retiring in one year, Justice Dattu's will be a relatively extended tenure. While Justice Sathasivam - now tipped to be appointed as a Governor - retired in April this year, CJI Lodha will be the second top judge hanging his boots.

GK Power Capsule - (The Hindu Review) August 2014

Dear readers, please find below the GK & Current Affairs Power Capsule for the month of August 2014. This capsule has been prepared by Career Power Institute, Delhi keeping in mind the upcoming exams.

Click here to download Gk Power Capsule for the Month of August: The Hindu Review

 The capsule consists of all major news and events covered in The Hindu Newspaper last months and should be a very useful for the upcoming Bank and SSC Exams.

Click here for download

Daily GK Updates: 2nd Sept 2014

1.    India to get USD 35 bn from Japan for infra projects

i. India will get USD 35 bn from Japan over the next five years for developmental projects, including building of smart cities and next generation infrastructure as also cleaning of the Ganga, as Premier Shinzo Abe on Monday pledged to partner PM Narendra Modi's ambitious vision of inclusive development.
ii. The two sides also signed five pacts covering defence exchanges, cooperation in clean energy, roads and highways, healthcare and women while vowing to take their relationship to newer level.
iii. Abe expressed his intention to realise 3.5 trillion Yen (Rs 2,10,000 crore, USD 35 billion) of public and private investment and financing from Japan, including Overseas Development Assistance (ODA), to India in five years, it said.
iv. The USD 35 billion funding, at an average of USD 7 billion per year, would be the highest from any country and Modi expressed gratitude to Abe for this.
v. The two Prime Ministers welcomed the signing of the document to promote partnership city arrangement between the ancient cities of Varanasi and Kyoto.

2.    Japan to work with India in finding sickle cell anaemia remedy

i. Japan on Sunday agreed to work with India in developing a treatment for the sickle cell anaemia after Prime Minister Narendra Modi sought help for finding remedy to the deadly disease commonly found among tribals in India.
ii. Modi, who has been keenly looking for a remedy to the disease since his days as Chief Minister of Gujarat, discussed the issue with Nobel Prize winner for Medicine (2012) S Yamanaka when he visited the Kyoto University.
iii. Yamanaka is also the Director of the University. The Prime Minister, on the second day of his tour, raised the issue during his visit to the Stem Cell Research facility and discussed whether Japan could be of help in this regard.