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What are Active Pharmaceutical Ingredients (API)? Discuss the need to bring about self-sufficiency in the field of Active Pharmaceutical Ingredients (API). Also, mention the steps being taken in order to reduce the dependency on imports for achieving zero dependent manufacturing.
Join @UPSC_2018
What are Active Pharmaceutical Ingredients (API)? Discuss the need to bring about self-sufficiency in the field of Active Pharmaceutical Ingredients (API). Also, mention the steps being taken in order to reduce the dependency on imports for achieving zero dependent manufacturing.
Join @UPSC_2018
Karpathuias.blogspot.in
How Glass is made ?
Glass is made by melting together several minerals at very high temperatures. Silica in the form of sand is the main ingredient and this is combined with soda ash and limestone and melted in a furnace at temperatures of 1700°C. Other materials can be added to produce different colours or properties.
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How does the baby breathe in uterus?
A baby does not need to breathe in the uterus. Everything that it needs for it's growth is provided to it by its supply line: the umbilical cord. This cord connect the blood circulation of child with mother. The foetus gets nutrition and oxygen through the umbilical cord. The waste products of the foetus are thrown out into the blood circulation of mother and are excreted by mother. After the birth of the baby, the umbilical cord is no longer required and cut off.
Karpathuias.blogspot.in
How Glass is made ?
Glass is made by melting together several minerals at very high temperatures. Silica in the form of sand is the main ingredient and this is combined with soda ash and limestone and melted in a furnace at temperatures of 1700°C. Other materials can be added to produce different colours or properties.
#KarpathuIAS
How does the baby breathe in uterus?
A baby does not need to breathe in the uterus. Everything that it needs for it's growth is provided to it by its supply line: the umbilical cord. This cord connect the blood circulation of child with mother. The foetus gets nutrition and oxygen through the umbilical cord. The waste products of the foetus are thrown out into the blood circulation of mother and are excreted by mother. After the birth of the baby, the umbilical cord is no longer required and cut off.
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Karpathuias.blogspot.in
The al-Nuri mosque, which is also known as Mosul’s Great Mosque, is where IS leader Abu Bakr al-Baghdadi declared a ‘Islamic Caliphate’ in 2014 shortly after Mosul was overrun by the militants. The minaret, called al-Hadba, which had a leaning look like that of Italy’s Tower of Pisa had stood for more than 840 years
The 1999 Odisha cyclone, also known as Cyclone 05B
The Narendra Modi government has taken the first step towards a major electoral reform, reversing its stance on a longstanding demand of the Election Commission of India to grant it permanent powers to cancel elections on grounds of political parties or candidates bribing voters
Centre has started circulating a draft amendment to the law to the states, seeking their views on the matter. The proposal involves amendment to Section 58 (A) of the Representation of People Act, 1951, along with introduction of a new section, 58 (B).
#KarpathuIAS
The section 126 of RPA currently prohibits publication of ads by political parties in electronic media (TV, radio) and recently added social media, 48 hours before voting ends. The ECI wants print media to be included in Section 126 of the RP Act. Disqualification of a candidate from contesting elections if a court has framed charges against him. Currently a candidate is disqualified if convicted for crime bearing sentence more than 2 years. ECI wants bribery during election season as cognizable offence. ECI also supports making paid news an electoral offence punishable by two years of imprisonment. VOTING PROCEDURE ECI seeks to introduce totaliser machines for counting of votes. Multiple cut-off dates for voter registration.
Karpathuias.blogspot.in
The al-Nuri mosque, which is also known as Mosul’s Great Mosque, is where IS leader Abu Bakr al-Baghdadi declared a ‘Islamic Caliphate’ in 2014 shortly after Mosul was overrun by the militants. The minaret, called al-Hadba, which had a leaning look like that of Italy’s Tower of Pisa had stood for more than 840 years
The 1999 Odisha cyclone, also known as Cyclone 05B
The Narendra Modi government has taken the first step towards a major electoral reform, reversing its stance on a longstanding demand of the Election Commission of India to grant it permanent powers to cancel elections on grounds of political parties or candidates bribing voters
Centre has started circulating a draft amendment to the law to the states, seeking their views on the matter. The proposal involves amendment to Section 58 (A) of the Representation of People Act, 1951, along with introduction of a new section, 58 (B).
#KarpathuIAS
The section 126 of RPA currently prohibits publication of ads by political parties in electronic media (TV, radio) and recently added social media, 48 hours before voting ends. The ECI wants print media to be included in Section 126 of the RP Act. Disqualification of a candidate from contesting elections if a court has framed charges against him. Currently a candidate is disqualified if convicted for crime bearing sentence more than 2 years. ECI wants bribery during election season as cognizable offence. ECI also supports making paid news an electoral offence punishable by two years of imprisonment. VOTING PROCEDURE ECI seeks to introduce totaliser machines for counting of votes. Multiple cut-off dates for voter registration.
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The status of farmers differs across the country. For instance, in Tamil Nadu, Karnataka and parts of Maharashtra, inadequate rains, and lower prices have weakened farmers’capacity to repay loans.
The same cannot be said to be the case in Madhya Pradesh where agriculture is a success story of recent years. The annual average growth rate of agriculture in the last five years has been a spectacular 14 per cent.
Rural infrastructure, road connectivity, marketing reforms and easy credit have combined to encourage growers in MP to produce more. Diversification from cereals to high-value horticulture crops has also meant improved incomes.
#KarpathuIAS
From a medium-to-long-term perspective, it is vital to step up policy support, investment support and research support for agriculture.
Some of the important steps to revive agriculture include:
• Strengthening the input delivery system
• Rapidly expanding irrigation facilities
• Investing farming with multiple technologies
• Investing in rural infrastructure
• Using ICT to deliver price, market and weather information to growers
• And last but not the least, work to build capacity among farmers to withstand market volatility as integration with the global market grows.
The status of farmers differs across the country. For instance, in Tamil Nadu, Karnataka and parts of Maharashtra, inadequate rains, and lower prices have weakened farmers’capacity to repay loans.
The same cannot be said to be the case in Madhya Pradesh where agriculture is a success story of recent years. The annual average growth rate of agriculture in the last five years has been a spectacular 14 per cent.
Rural infrastructure, road connectivity, marketing reforms and easy credit have combined to encourage growers in MP to produce more. Diversification from cereals to high-value horticulture crops has also meant improved incomes.
#KarpathuIAS
From a medium-to-long-term perspective, it is vital to step up policy support, investment support and research support for agriculture.
Some of the important steps to revive agriculture include:
• Strengthening the input delivery system
• Rapidly expanding irrigation facilities
• Investing farming with multiple technologies
• Investing in rural infrastructure
• Using ICT to deliver price, market and weather information to growers
• And last but not the least, work to build capacity among farmers to withstand market volatility as integration with the global market grows.
#KarpathuIAS
⚡️ South China Sea Dispute: China Launches Research Project to Compile Data on Disputed Region.
China has launched a research project aimed at compiling historical data obtained during earlier expeditions conducted by its teams to the disputed South China Sea since the late 1950s.
Salient Highlights
The research project is one among the 14 resource investigation programmes approved by China’s Ministry of Science and Technology.
Under the project, Chinese researchers will collect and compile valuable data and materials which were obtained by China during its major ocean expeditions to the South China Sea and its affiliated islands and reefs. China expects that a comparative analysis and research done into the data will offer insight into the resources, environment and changes related to the South China Sea and its affiliated islands and reefs.
Around 193 scholars with specialisation in fields such as marine life, ecology, fishery and geology from China’s 10 domestic research institutions and universities will take part in the initiative. Retired expedition members would also be invited to assist in this programme to ensure the reliability and precision of the data.
South China Sea Dispute
China has been aggressively claiming the entire South China Sea as its own. The other countries that claim the various territories in the South China Sea are Taiwan, Indonesia, Vietnam, Philippines, Thailand, Malaysia, Singapore and Brunei.
The South China Sea is part of Pacific Ocean spreading an area of some 35 lakh square km with eight littoral countries/territories viz. China, Taiwan, Philippines, Malaysia, Indonesia, Brunei, Singapore and Vietnam. It is strategically located in the international shipping route that sees the passage of world’s half of the merchant ships. The sea is rich in energy reserves including petroleum, mineral and fishing resources. It is made of some 200 tiny islands, coral reefs, shoals, sandbanks etc. grouped into three archipelagos of Spratlys, Paracels and Pratas. The Macclesfield Bank and Scarborough Shoal are also part of South China Sea. Several countries have made competing territorial claims over the South China Sea. Such disputes have been regarded as Asia’s most potentially dangerous point of conflict.
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⚡️ South China Sea Dispute: China Launches Research Project to Compile Data on Disputed Region.
China has launched a research project aimed at compiling historical data obtained during earlier expeditions conducted by its teams to the disputed South China Sea since the late 1950s.
Salient Highlights
The research project is one among the 14 resource investigation programmes approved by China’s Ministry of Science and Technology.
Under the project, Chinese researchers will collect and compile valuable data and materials which were obtained by China during its major ocean expeditions to the South China Sea and its affiliated islands and reefs. China expects that a comparative analysis and research done into the data will offer insight into the resources, environment and changes related to the South China Sea and its affiliated islands and reefs.
Around 193 scholars with specialisation in fields such as marine life, ecology, fishery and geology from China’s 10 domestic research institutions and universities will take part in the initiative. Retired expedition members would also be invited to assist in this programme to ensure the reliability and precision of the data.
South China Sea Dispute
China has been aggressively claiming the entire South China Sea as its own. The other countries that claim the various territories in the South China Sea are Taiwan, Indonesia, Vietnam, Philippines, Thailand, Malaysia, Singapore and Brunei.
The South China Sea is part of Pacific Ocean spreading an area of some 35 lakh square km with eight littoral countries/territories viz. China, Taiwan, Philippines, Malaysia, Indonesia, Brunei, Singapore and Vietnam. It is strategically located in the international shipping route that sees the passage of world’s half of the merchant ships. The sea is rich in energy reserves including petroleum, mineral and fishing resources. It is made of some 200 tiny islands, coral reefs, shoals, sandbanks etc. grouped into three archipelagos of Spratlys, Paracels and Pratas. The Macclesfield Bank and Scarborough Shoal are also part of South China Sea. Several countries have made competing territorial claims over the South China Sea. Such disputes have been regarded as Asia’s most potentially dangerous point of conflict.
Join @UPSC_2018
Join @UPSC_2018
What is Geo Thermal Energy ?
Geothermal energy is the heat from the Earth. It's clean and sustainable. Resources of geothermal energyrange from the shallow ground to hot water and hot rock found a few miles beneath the Earth's surface, and down even deeper to the extremely high temperatures of molten rock called magma.
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Karpathuias.blogspot.in
What is an OLED screen?
An organic light-emitting diode (OLED) is a light-emitting diode (LED) in which the emissive electroluminescent layer is a film of organic compound that emits light in response to an electric current. An OLED display can be driven with a passive-matrix (PMOLED) or active-matrix (AMOLED) control scheme.
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What is Carbon Footprint ?
A carbon footprint is defined as: The total amount of greenhouse gases produced to directly and indirectly support human activities, usually expressed in equivalent tons of carbon dioxide (CO2).
Typically, a carbon footprint is calculated by estimating not just the CO2 emissions that the activity in question causes, but also any emissions of other greenhouse gases (such as methane and nitrous oxide) and in some cases other types of climate impacts as well, such as vapour trails from aeroplanes.
What is Geo Thermal Energy ?
Geothermal energy is the heat from the Earth. It's clean and sustainable. Resources of geothermal energyrange from the shallow ground to hot water and hot rock found a few miles beneath the Earth's surface, and down even deeper to the extremely high temperatures of molten rock called magma.
#KarpathuIAS
Karpathuias.blogspot.in
What is an OLED screen?
An organic light-emitting diode (OLED) is a light-emitting diode (LED) in which the emissive electroluminescent layer is a film of organic compound that emits light in response to an electric current. An OLED display can be driven with a passive-matrix (PMOLED) or active-matrix (AMOLED) control scheme.
#KarpathuIAS
What is Carbon Footprint ?
A carbon footprint is defined as: The total amount of greenhouse gases produced to directly and indirectly support human activities, usually expressed in equivalent tons of carbon dioxide (CO2).
Typically, a carbon footprint is calculated by estimating not just the CO2 emissions that the activity in question causes, but also any emissions of other greenhouse gases (such as methane and nitrous oxide) and in some cases other types of climate impacts as well, such as vapour trails from aeroplanes.
👨⚖Eminent Personalities of Ancient India
~ - ~ - ~ - ~ - ~ - ~
👉Alexander : he was the ruler of Macedonia in Greece. He attacked India in 326 BC and captured upto river Bias.
👉Ajatasatru : Son of Bimbisara. He established the city of Pataliputra.
👉Arien : Greek historian who wrote about Alexander’s Indian invasion.
👉Ashwaghosh : Buddhist monk who initiated Kaniskha to Buddhism wrote Buddha charita, Sutralankar and Sandaranand.
👉AmarSimha : Sanskrit scholar in the court of Chandragupta who wrote "Amarakosha".
👉Aryabhatta : He analysed the reasons for Solar and Lunar eclipses and declared that the Earth is round. Wrote Aryabhattiyam.
👉Bimbisar : Founded the M 8agadhan Empire or Haryanka dynasty. He was the first influential king of ancient India.
👉Banabhatta : Court poet of Harshavardhana and author of Harsha Charita and Kadambari.
👉Charak : He was an Ayurvedic expert wrote Charak-Samhita and established the Aitereya branch of Ayurvedic medicines.
👉Amoghavarsha : He was a famous Rashtrakuta ruler.
👉Dhanananda : He was a powerful king of Magadha. Alexander did not go forward to invade Magadha only after hearing his reputation.
👉Darius I : The ruler of Iran (Persia) who invaded India in 6th century BC.
👉Gautami Putra Shatakarni : He was the mostfamous Satavahana king in 2nd Century.
👉Harisena : He was the writer of Pryaga Prashasti or Allahabad Pillar Inscription.
👉Kharavel : Ruler of Kalinga in I century AD. The Famous Hathigumbha inscription belonged to him.
👉Kanishka : (I century AD) : Most powerful Kushan king. Started Shaka Era. Organised fourth Buddhist council at Kundalvan near Kashmir.
👉Karikala : Chola ruler who founded the city of Puhar (Kaveri patanam) in I century BC.
👉Kautilya : also known as Vishnugupta or Chanakya. He wrote Arthasasthra, which is compared to ‘The prince’ of Machiavelli.
👉Kalidas : Famous Sanskrit poet who wrote, Raghuvamsa, Kumara Sambhavam, Abhigyana Shakuntalam, Vikramorvashiyam and Malavikagnimitram. He also wrote Meghadootam and Ritusamharam.
👉Kamban : A Tamil poet of 11th century who wrote Ramayan in Tamil.
👉Mihir Bhoja : Famous Prathihara ruler of 9th century.
👉Kalhana – Famous Kashmiri poet and historian.He wrote Raja Tarangini.
👉Marco Polo : Venitian Traveller to India in 13thcentury.
👉Menander : He came to India as a foreign aggressor in II Century BC. MilindaPanho, a book written by Nagasena, is about him.
👉Nagarjuna : Famous Buddhist monk. He popounded the philosophy known as Madhyamika.
👉Makkali Gosala : Philosopher of 6th Century BC. He was the founder of Ajivika sect.
👉Mihirkula : Huna conqueror defeated by Yashodharma.
👉Skand Gupt : Last mighty Gupta ruler.
👉Shushrut : He was a doctor of Ayurvedic medicine. He started the Dhanwantri branch and was an expert in Plastic Surgery.
👉Pulikeshin II. Most powerful king of Chalukyas of Vatapi who defeated Harshavardhana in North and Mahendravarman of South.
👉Pushya Mitra sunga : He killed the last Mauryan ruler and laid the foundation of Sunga dynasty in 185 BC.
👉Pliny : He was a Roman historian who wrote the Natural History. He wrote about the Mauryas of India.
👉Panini : Sanskrit scholar specially of Grammar. He wrote Ashtadyayi.
👉Varahamihira : He was famous astronomer who wrote Brihat Samhita.
👉Sankaracharya : He was born in Kaladi in Kerala. He propagated Advaita Philosophy.
~ - ~ - ~ - ~ - ~ - ~
👉Alexander : he was the ruler of Macedonia in Greece. He attacked India in 326 BC and captured upto river Bias.
👉Ajatasatru : Son of Bimbisara. He established the city of Pataliputra.
👉Arien : Greek historian who wrote about Alexander’s Indian invasion.
👉Ashwaghosh : Buddhist monk who initiated Kaniskha to Buddhism wrote Buddha charita, Sutralankar and Sandaranand.
👉AmarSimha : Sanskrit scholar in the court of Chandragupta who wrote "Amarakosha".
👉Aryabhatta : He analysed the reasons for Solar and Lunar eclipses and declared that the Earth is round. Wrote Aryabhattiyam.
👉Bimbisar : Founded the M 8agadhan Empire or Haryanka dynasty. He was the first influential king of ancient India.
👉Banabhatta : Court poet of Harshavardhana and author of Harsha Charita and Kadambari.
👉Charak : He was an Ayurvedic expert wrote Charak-Samhita and established the Aitereya branch of Ayurvedic medicines.
👉Amoghavarsha : He was a famous Rashtrakuta ruler.
👉Dhanananda : He was a powerful king of Magadha. Alexander did not go forward to invade Magadha only after hearing his reputation.
👉Darius I : The ruler of Iran (Persia) who invaded India in 6th century BC.
👉Gautami Putra Shatakarni : He was the mostfamous Satavahana king in 2nd Century.
👉Harisena : He was the writer of Pryaga Prashasti or Allahabad Pillar Inscription.
👉Kharavel : Ruler of Kalinga in I century AD. The Famous Hathigumbha inscription belonged to him.
👉Kanishka : (I century AD) : Most powerful Kushan king. Started Shaka Era. Organised fourth Buddhist council at Kundalvan near Kashmir.
👉Karikala : Chola ruler who founded the city of Puhar (Kaveri patanam) in I century BC.
👉Kautilya : also known as Vishnugupta or Chanakya. He wrote Arthasasthra, which is compared to ‘The prince’ of Machiavelli.
👉Kalidas : Famous Sanskrit poet who wrote, Raghuvamsa, Kumara Sambhavam, Abhigyana Shakuntalam, Vikramorvashiyam and Malavikagnimitram. He also wrote Meghadootam and Ritusamharam.
👉Kamban : A Tamil poet of 11th century who wrote Ramayan in Tamil.
👉Mihir Bhoja : Famous Prathihara ruler of 9th century.
👉Kalhana – Famous Kashmiri poet and historian.He wrote Raja Tarangini.
👉Marco Polo : Venitian Traveller to India in 13thcentury.
👉Menander : He came to India as a foreign aggressor in II Century BC. MilindaPanho, a book written by Nagasena, is about him.
👉Nagarjuna : Famous Buddhist monk. He popounded the philosophy known as Madhyamika.
👉Makkali Gosala : Philosopher of 6th Century BC. He was the founder of Ajivika sect.
👉Mihirkula : Huna conqueror defeated by Yashodharma.
👉Skand Gupt : Last mighty Gupta ruler.
👉Shushrut : He was a doctor of Ayurvedic medicine. He started the Dhanwantri branch and was an expert in Plastic Surgery.
👉Pulikeshin II. Most powerful king of Chalukyas of Vatapi who defeated Harshavardhana in North and Mahendravarman of South.
👉Pushya Mitra sunga : He killed the last Mauryan ruler and laid the foundation of Sunga dynasty in 185 BC.
👉Pliny : He was a Roman historian who wrote the Natural History. He wrote about the Mauryas of India.
👉Panini : Sanskrit scholar specially of Grammar. He wrote Ashtadyayi.
👉Varahamihira : He was famous astronomer who wrote Brihat Samhita.
👉Sankaracharya : He was born in Kaladi in Kerala. He propagated Advaita Philosophy.
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What is Bio-Grid ?
BioGRID is an online biological interaction repository with data compiled through comprehensive curation efforts. Protein Interactions, Genetic Interactions, Chemical Interactions, Post-Translational Modifications.
Data release frequency: Monthly (4 Weeks)
Data format: Custom flat files, PSI-MI, MITAB.
Organisms: All.
Primary citation: Stark & al. (2006)
What is Bio-Grid ?
BioGRID is an online biological interaction repository with data compiled through comprehensive curation efforts. Protein Interactions, Genetic Interactions, Chemical Interactions, Post-Translational Modifications.
Data release frequency: Monthly (4 Weeks)
Data format: Custom flat files, PSI-MI, MITAB.
Organisms: All.
Primary citation: Stark & al. (2006)
Forwarded from UPSC Massala
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Karpathuias.blogspot.in
Government Launches VAJRA Scheme
Department of Science and Technology has launched VAJRA (Visiting Advanced Joint Research) Faculty scheme that enables NRIs and overseas scientific community to participate and contribute to research and development in India.
on 8th January 2017, during the 14th Pravasi Bharatiya Divas Convention, Prime Minister had announced that a new scheme called VAJRA (Visiting Advanced Joint Research) Faculty scheme would be launched by the Department of Science and Technology.
Salient Highlights
The Science and Engineering Research Board (SERB), a Statutory body of the Department of Science and Technology will implement the Scheme.
Under this scheme, foreign researchers abroad of Indian origin or otherwise can collaborate with faculties in public funded Indian institutions. The researchers would receive endowments at par with those in their own countries. They would be given USD 15,000 in the first month of residency and USD 10,000, for the remaining months.
The scheme would promote broad areas of research like energy, health, advance material among others.
Public funded academic institutions and national laboratories will be eligible for hosting the VAJRA Faculty.
The VAJRA faculty can reside in India for a minimum of 1 month and a maximum of 3 months a year.
The applications received from the interested foreign researchers would be evaluated by a Selection Committee of eminent scientists. The Committee will meet twice a year in January and July and make recommendations.
DST
Department of Science & Technology (DST) was established in May 1971 and functions under the ambit of Ministry of Science and Technology. The department functions with an objective of promoting new areas of Science & Technology. It acts as a nodal department for organising, coordinating and promoting S&T related activities in the country. The DST funds scientific projects in India and supports researchers in the country to attend conferences abroad and to conduct experimental works.
Join @UPSC_2018
Karpathuias.blogspot.in
Government Launches VAJRA Scheme
Department of Science and Technology has launched VAJRA (Visiting Advanced Joint Research) Faculty scheme that enables NRIs and overseas scientific community to participate and contribute to research and development in India.
on 8th January 2017, during the 14th Pravasi Bharatiya Divas Convention, Prime Minister had announced that a new scheme called VAJRA (Visiting Advanced Joint Research) Faculty scheme would be launched by the Department of Science and Technology.
Salient Highlights
The Science and Engineering Research Board (SERB), a Statutory body of the Department of Science and Technology will implement the Scheme.
Under this scheme, foreign researchers abroad of Indian origin or otherwise can collaborate with faculties in public funded Indian institutions. The researchers would receive endowments at par with those in their own countries. They would be given USD 15,000 in the first month of residency and USD 10,000, for the remaining months.
The scheme would promote broad areas of research like energy, health, advance material among others.
Public funded academic institutions and national laboratories will be eligible for hosting the VAJRA Faculty.
The VAJRA faculty can reside in India for a minimum of 1 month and a maximum of 3 months a year.
The applications received from the interested foreign researchers would be evaluated by a Selection Committee of eminent scientists. The Committee will meet twice a year in January and July and make recommendations.
DST
Department of Science & Technology (DST) was established in May 1971 and functions under the ambit of Ministry of Science and Technology. The department functions with an objective of promoting new areas of Science & Technology. It acts as a nodal department for organising, coordinating and promoting S&T related activities in the country. The DST funds scientific projects in India and supports researchers in the country to attend conferences abroad and to conduct experimental works.
Join @UPSC_2018
Civil Aviation Policy 2016
Shri Raju said that the centre-piece of the policy is to make regional air connectivity a reality. He said that the policy aims to take flying to the masses by making it affordable and convenient, establish an integrated eco-system which will lead to significant growth of the civil aviation sector to promote tourism, employment and balanced regional growth, enhance regional connectivity through fiscal support and infrastructure development and enhance ease of doing business through deregulation, simplified procedures and e-governance.
-PIB
Civil Aviation Policy 2016
Shri Raju said that the centre-piece of the policy is to make regional air connectivity a reality. He said that the policy aims to take flying to the masses by making it affordable and convenient, establish an integrated eco-system which will lead to significant growth of the civil aviation sector to promote tourism, employment and balanced regional growth, enhance regional connectivity through fiscal support and infrastructure development and enhance ease of doing business through deregulation, simplified procedures and e-governance.
-PIB
#KarpathuIAS
Join @UPSC_2018
Quality of life: Govt. Launches the index to Rank 116 Cities
The urban development minister M. Venkaiah Naidu has launched its first liveability index which will rank the country’s 116 major cities on the basis of the quality of life.
Salient Highlights
The index named ‘City Liveability Index’ will cover cities with a populationabove one million, including the capital cities.
The index will help cities to analyse where they stand in terms of the quality of life. It will help them to come up with interventions required to improve it.
The index will assess cities based on a comprehensive set of 79 parameters such as availability of roads, education, healthcare, mobility, employment opportunities, emergency response, grievance redressal, pollution, availability of open and green spaces, cultural and entertainment opportunities etc.
The rankings based on the index would be released in 2018.
Soon, the government will select the agency for undertaking the assessment and data collection for the rankings would be completed in the next 6 months.
Incentives to States
The urban development minister has disbursed Rs500 crore as an incentive to 16 states that have performed well in implementing urban reforms during 2016-17.
Andhra Pradesh has topped the list of 16 states with the highest score in implementing urban schemes. The second place has been occupied by Odisha which is followed by Jharkhand, Chattisgarh, Madhya Pradesh, Telangana, Rajasthan, Punjab, Kerala, Goa, Mizoram, Gujarat, Chandigarh, Uttar Pradesh and Maharashtra.
While ranking, the progress achieved by these states in terms of reforms like e-governance, an audit of accounts, tax revision policies, extent of tax revenue collection, energy and water audit, establishing state level financial intermediaries for resource mobilisation and credit rating was taken into account.
Further, it has been proposed by the government to increase the incentive fund to Rs 10,000 crore for the next three years to promote next generation urban reforms.
Join @UPSC_2018
Quality of life: Govt. Launches the index to Rank 116 Cities
The urban development minister M. Venkaiah Naidu has launched its first liveability index which will rank the country’s 116 major cities on the basis of the quality of life.
Salient Highlights
The index named ‘City Liveability Index’ will cover cities with a populationabove one million, including the capital cities.
The index will help cities to analyse where they stand in terms of the quality of life. It will help them to come up with interventions required to improve it.
The index will assess cities based on a comprehensive set of 79 parameters such as availability of roads, education, healthcare, mobility, employment opportunities, emergency response, grievance redressal, pollution, availability of open and green spaces, cultural and entertainment opportunities etc.
The rankings based on the index would be released in 2018.
Soon, the government will select the agency for undertaking the assessment and data collection for the rankings would be completed in the next 6 months.
Incentives to States
The urban development minister has disbursed Rs500 crore as an incentive to 16 states that have performed well in implementing urban reforms during 2016-17.
Andhra Pradesh has topped the list of 16 states with the highest score in implementing urban schemes. The second place has been occupied by Odisha which is followed by Jharkhand, Chattisgarh, Madhya Pradesh, Telangana, Rajasthan, Punjab, Kerala, Goa, Mizoram, Gujarat, Chandigarh, Uttar Pradesh and Maharashtra.
While ranking, the progress achieved by these states in terms of reforms like e-governance, an audit of accounts, tax revision policies, extent of tax revenue collection, energy and water audit, establishing state level financial intermediaries for resource mobilisation and credit rating was taken into account.
Further, it has been proposed by the government to increase the incentive fund to Rs 10,000 crore for the next three years to promote next generation urban reforms.
#KarpathuIAS
Karpathuias.blogspot.in
Day-1(target UPSC_2018)
start your preparation from ncert books
Focus on polity, geography, economics.
Day-1
First task of today
Analysis syllabus & previous years question papers
Those who have any query regarding this feel free to ask me.
Join @UPSC_2018
Karpathuias.blogspot.in
Day-1(target UPSC_2018)
start your preparation from ncert books
Focus on polity, geography, economics.
Day-1
First task of today
Analysis syllabus & previous years question papers
Those who have any query regarding this feel free to ask me.
Join @UPSC_2018
Important (150) Banking Awareness, Economic points ⤵
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#KarpathuIAS
Karpathuias.blogspot.in
1. MICR code consists of how many digits?
Ans: 9 digits.(First three digits denotes city, next three digits representing the bank and the last three digits representing the bank branch)
2. What is the minimum limit in RTGS system?
Ans: 2 lakhs (there is no upper limit in RTGS)
3. What is full form of CTS?
Ans: Cheque Truncation System
4. Under which service, customers may access their bank account and perform basic transactions from any of the member branch offices.
Ans: Core Banking Solution (CBS)
5. Exchange of cash flow in different currency is known as:
Ans: Currency Swap
6. Assets or loans which stop performing after 90 days is known as:
Ans: Non Performing Asset (NPA)
7. Who controls the Monetary Policy in India?
Ans: RBI (Reserve Bank of India) 8. Which card is issued by NPCI (National Payments Corporation of India)?
Ans: RuPay Card
9. Definition of Current Account deficit:
Ans: A measurement of a country's trade in which the value of goods and services it imports exceeds the value of goods and services it exports.
10. Full form IFSC –
Ans: Indian Financial System Code
11. Commercial paper can be issued for a maximum period of:
Ans: 365 days or 1 year.
12. The Mutual funds in India follow accounting standards laid by:
Ans: SEBI (Securities and Exchange Board of India)
13. Minimum amount for Certificate of Deposit has been fixed at:
Ans: Rs. 1 Lakh
14. AML is a term mainly used in the financial and legal industries. Expand the term AML:
Ans: Anti Money Laundering
15. PIN is a number allocated to an individual and used to validate electronic transactions. Expand PIN:
Ans: Personal Identification Number
16. What is Repo rate?
Ans: It is the rate is the rate at which RBI lends money to the commercial banks.
17. What is Stale Cheque?
Ans: A cheque which is presented to a bank after 3 months from date of issue is considered as stale cheque and will often not be honored for cash or deposit at a bank.
18. What is Bancassurance?
Ans: The selling of life assurance and other insurance products and services by banking institutions.
19. The objective of KYC guidelines is to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities. What is the full form of KYC?
Ans: Know Your Customer (KYC)
20. Know Your Customer (KYC) guidelines are issued under:
Ans: Section 35A of the Banking Regulation Act, 1949
21. In BSBDA (Basic Savings Bank Deposit Account) the credits in a financial year does not exceed rupees:
Ans: Rs. 1 lakh
22. In BSBDA (Basic Savings Bank Deposit Account) the balance at any point of time does not exceed rupees:
Ans: Rs. 50,000
23. In BSBDA (Basic Savings Bank Deposit Account) the withdrawals and transfers in a month does not exceed rupees:
Ans: Rs. 10,000
24. At which rate RBI give loans to commercial banks?
Ans: Repo rate
25. Full form of CASA:
Ans: Current Account Saving Account
26. In what denominations Commercial Paper (CP) can be issued?
Ans: Rs. 5 lakh
27. What is the minimum denomination of Treasury bills to issue in India?
Ans: Rs. 25,000
28. Who cannot issue Certificate of Deposit (CD)?
Ans: Regional Rural Banks (RRBs) and Local Area Banks (LABs)
29. Expand ASBA:
Ans: Application Supported by Blocked Amount
30. Depositor Education and Awareness Fund (DEAF) is maintained with:
Ans: RBI
31. Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with:
Ans: Central Bank (RBI)
32. What is the maximum amount per transaction NEFT limit for cash-based remittances to Nepal?
Ans: Rs. 50,000
33. What does CAR stands for?
Ans: Capital Adequacy Ratio
34. IFSC code consists of _ alpha numeric code.
Ans: 11 digits
(The IFSC is an 11 digit alpha numeric code, with the first four digits identifying the bank, fifth is numeric (kept 0) and the last six digits represent the bank branch.)
35. When money is lent or borrowed for one day or on overnight basis it is known as:
Ans: Call Money
36. When money is lent or bo
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1. MICR code consists of how many digits?
Ans: 9 digits.(First three digits denotes city, next three digits representing the bank and the last three digits representing the bank branch)
2. What is the minimum limit in RTGS system?
Ans: 2 lakhs (there is no upper limit in RTGS)
3. What is full form of CTS?
Ans: Cheque Truncation System
4. Under which service, customers may access their bank account and perform basic transactions from any of the member branch offices.
Ans: Core Banking Solution (CBS)
5. Exchange of cash flow in different currency is known as:
Ans: Currency Swap
6. Assets or loans which stop performing after 90 days is known as:
Ans: Non Performing Asset (NPA)
7. Who controls the Monetary Policy in India?
Ans: RBI (Reserve Bank of India) 8. Which card is issued by NPCI (National Payments Corporation of India)?
Ans: RuPay Card
9. Definition of Current Account deficit:
Ans: A measurement of a country's trade in which the value of goods and services it imports exceeds the value of goods and services it exports.
10. Full form IFSC –
Ans: Indian Financial System Code
11. Commercial paper can be issued for a maximum period of:
Ans: 365 days or 1 year.
12. The Mutual funds in India follow accounting standards laid by:
Ans: SEBI (Securities and Exchange Board of India)
13. Minimum amount for Certificate of Deposit has been fixed at:
Ans: Rs. 1 Lakh
14. AML is a term mainly used in the financial and legal industries. Expand the term AML:
Ans: Anti Money Laundering
15. PIN is a number allocated to an individual and used to validate electronic transactions. Expand PIN:
Ans: Personal Identification Number
16. What is Repo rate?
Ans: It is the rate is the rate at which RBI lends money to the commercial banks.
17. What is Stale Cheque?
Ans: A cheque which is presented to a bank after 3 months from date of issue is considered as stale cheque and will often not be honored for cash or deposit at a bank.
18. What is Bancassurance?
Ans: The selling of life assurance and other insurance products and services by banking institutions.
19. The objective of KYC guidelines is to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities. What is the full form of KYC?
Ans: Know Your Customer (KYC)
20. Know Your Customer (KYC) guidelines are issued under:
Ans: Section 35A of the Banking Regulation Act, 1949
21. In BSBDA (Basic Savings Bank Deposit Account) the credits in a financial year does not exceed rupees:
Ans: Rs. 1 lakh
22. In BSBDA (Basic Savings Bank Deposit Account) the balance at any point of time does not exceed rupees:
Ans: Rs. 50,000
23. In BSBDA (Basic Savings Bank Deposit Account) the withdrawals and transfers in a month does not exceed rupees:
Ans: Rs. 10,000
24. At which rate RBI give loans to commercial banks?
Ans: Repo rate
25. Full form of CASA:
Ans: Current Account Saving Account
26. In what denominations Commercial Paper (CP) can be issued?
Ans: Rs. 5 lakh
27. What is the minimum denomination of Treasury bills to issue in India?
Ans: Rs. 25,000
28. Who cannot issue Certificate of Deposit (CD)?
Ans: Regional Rural Banks (RRBs) and Local Area Banks (LABs)
29. Expand ASBA:
Ans: Application Supported by Blocked Amount
30. Depositor Education and Awareness Fund (DEAF) is maintained with:
Ans: RBI
31. Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with:
Ans: Central Bank (RBI)
32. What is the maximum amount per transaction NEFT limit for cash-based remittances to Nepal?
Ans: Rs. 50,000
33. What does CAR stands for?
Ans: Capital Adequacy Ratio
34. IFSC code consists of _ alpha numeric code.
Ans: 11 digits
(The IFSC is an 11 digit alpha numeric code, with the first four digits identifying the bank, fifth is numeric (kept 0) and the last six digits represent the bank branch.)
35. When money is lent or borrowed for one day or on overnight basis it is known as:
Ans: Call Money
36. When money is lent or bo
rrowed for between 2 days and
14 days it is known as:
Ans: Notice money
37. When money is lent or borrowed for a period of more than 14 days, it is known as:
Ans: Term money
38. Treasury Bills and Certificate of Deposit are considered as the ____instruments.
Ans: negotiable money market
39. Commercial Paper (CP) is an unsecured money market instrument issued in the form of a _.
Ans: Promissory note.
40. What is the upper limit in Public Provident Fund (PPF)?
Ans: Rs. 1.5 lakhs
41. As per RBI guidelines, with effect from April 1, 2012, the validity period of Cheques, Demand Drafts, Pay Orders and Banker's Cheques is _.
Ans: 3 months
42. What is the time limit for an asset or loan to be declared as Non-Performing Asset?
Ans: 90 days
43. Deposit Insurance and Credit Guarantee Corporation (DICGC) does not cover:
Ans: Primary co-operative societies
44. RBI measure to liquidate the market:
Ans: Repo rate.
45. Full form of EFT:
Ans: Electronic Fund Transfer
46. Fastest mode of transaction:
Ans: RTGS
47. Alphanumeric code on cheque is known as:
Ans: Indian Financial System Code (IFSC)
48. Bank pays interest on savings account?
Ans: Daily Basis
49. What is the loan limit for education under priority sector for studies abroad?
Ans: Rs. 20 lakh
(Loans to individuals for educational purposes including vocational courses upto Rs.10 lakh for studies in India and Rs. 20 lakh for studies abroad are included under priority sector.)
50. RuPay Card is an Indian version of credit/debit card is launched by which organization:
Ans: NPCI (National Payments Corporation of India)
51. Fixed Deposit (FD)Account may be opened for a minimum period of:
Ans: 7 days
52. What is the minimum amount required to open a Fixed Deposit (FD)?
Ans: Rs.1000
53. The Banks has converted all ‘no - frills' accounts’ into:
Ans: Basic Savings Bank Deposit Accounts
54. 'Pradhan Mantri Jan Dhan Yojana' is a Scheme for:
Ans: Financial inclusion
55. How much overdraft facility to be provided in 'Pradhan Mantri Jan Dhan Yojana' scheme?
Ans: Rs. 5,000
56. In CBS, C stands for:
Ans: Core
57. In CRAR, A stands for:
Ans: Assets (Capital to Risk Weighted Assets Ratio)
58. IMPS - Immediate Payment Service is an interbank electronic instant mobile money transfer service through mobile phones in India, the facility is provided by:
Ans: NPCI (National Payment Corporation of India)
59. The Central Bank of India has adopted new measure of inflation:
Ans: Consumer Price Index (CPI)
60. When a cheque is torn into two or more pieces and presented for payment, such a cheque is called:
Ans: mutilated cheque
61. How much fee charged to file a complaint under Banking Ombudsman? Ans: Banking Ombudsman does not charge any fee
62. Who is the appellate authority in Banking Ombusdsman?
Ans Deputy Governor of RBI 63. If any customer is not satisfied by the decision of Banking Ombudsman, customer can appeal against the award before the appellate authority within how many days from the date of receipt?
Ans 30 days
64. ATMs or Cash Dispensing machine which are owned and operated by Non-Banking Financial Companies are called:
Ans: White Label ATMs.
65. RBI gave in-principle for Banking license to:
Ans: IDFC and Bandhan
66. Minimum capital requirement for new banks in private sector is:
Ans: Rs. 500 crore
67. A Non-Banking Financial Company (NBFC) is a company registered under the:
Ans: Companies Act, 1956
68. Minimum capital requirement for Non-Banking Financial Company (NBFC) is:
Ans: Rs. 500 crore
69. The NBFCs are allowed to accept/renew public deposits for a minimum period of:
Ans: 12 months ( and maximum period of 60 months)
70. A NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI? What is the present ceiling?
Ans: 12.5 per cent per annum
71. Minimum capital requirementfor Foreign banks that want to set up operations in India is:
Ans: Rs. 500 crore
72. What is the minimum paid-up capital requirement of both small banks and payments banks in India?
Ans: Rs. 100 crore
73. RBI extended the timeline for full implementation of Basel III norms till:
Ans: 31 March 20
14 days it is known as:
Ans: Notice money
37. When money is lent or borrowed for a period of more than 14 days, it is known as:
Ans: Term money
38. Treasury Bills and Certificate of Deposit are considered as the ____instruments.
Ans: negotiable money market
39. Commercial Paper (CP) is an unsecured money market instrument issued in the form of a _.
Ans: Promissory note.
40. What is the upper limit in Public Provident Fund (PPF)?
Ans: Rs. 1.5 lakhs
41. As per RBI guidelines, with effect from April 1, 2012, the validity period of Cheques, Demand Drafts, Pay Orders and Banker's Cheques is _.
Ans: 3 months
42. What is the time limit for an asset or loan to be declared as Non-Performing Asset?
Ans: 90 days
43. Deposit Insurance and Credit Guarantee Corporation (DICGC) does not cover:
Ans: Primary co-operative societies
44. RBI measure to liquidate the market:
Ans: Repo rate.
45. Full form of EFT:
Ans: Electronic Fund Transfer
46. Fastest mode of transaction:
Ans: RTGS
47. Alphanumeric code on cheque is known as:
Ans: Indian Financial System Code (IFSC)
48. Bank pays interest on savings account?
Ans: Daily Basis
49. What is the loan limit for education under priority sector for studies abroad?
Ans: Rs. 20 lakh
(Loans to individuals for educational purposes including vocational courses upto Rs.10 lakh for studies in India and Rs. 20 lakh for studies abroad are included under priority sector.)
50. RuPay Card is an Indian version of credit/debit card is launched by which organization:
Ans: NPCI (National Payments Corporation of India)
51. Fixed Deposit (FD)Account may be opened for a minimum period of:
Ans: 7 days
52. What is the minimum amount required to open a Fixed Deposit (FD)?
Ans: Rs.1000
53. The Banks has converted all ‘no - frills' accounts’ into:
Ans: Basic Savings Bank Deposit Accounts
54. 'Pradhan Mantri Jan Dhan Yojana' is a Scheme for:
Ans: Financial inclusion
55. How much overdraft facility to be provided in 'Pradhan Mantri Jan Dhan Yojana' scheme?
Ans: Rs. 5,000
56. In CBS, C stands for:
Ans: Core
57. In CRAR, A stands for:
Ans: Assets (Capital to Risk Weighted Assets Ratio)
58. IMPS - Immediate Payment Service is an interbank electronic instant mobile money transfer service through mobile phones in India, the facility is provided by:
Ans: NPCI (National Payment Corporation of India)
59. The Central Bank of India has adopted new measure of inflation:
Ans: Consumer Price Index (CPI)
60. When a cheque is torn into two or more pieces and presented for payment, such a cheque is called:
Ans: mutilated cheque
61. How much fee charged to file a complaint under Banking Ombudsman? Ans: Banking Ombudsman does not charge any fee
62. Who is the appellate authority in Banking Ombusdsman?
Ans Deputy Governor of RBI 63. If any customer is not satisfied by the decision of Banking Ombudsman, customer can appeal against the award before the appellate authority within how many days from the date of receipt?
Ans 30 days
64. ATMs or Cash Dispensing machine which are owned and operated by Non-Banking Financial Companies are called:
Ans: White Label ATMs.
65. RBI gave in-principle for Banking license to:
Ans: IDFC and Bandhan
66. Minimum capital requirement for new banks in private sector is:
Ans: Rs. 500 crore
67. A Non-Banking Financial Company (NBFC) is a company registered under the:
Ans: Companies Act, 1956
68. Minimum capital requirement for Non-Banking Financial Company (NBFC) is:
Ans: Rs. 500 crore
69. The NBFCs are allowed to accept/renew public deposits for a minimum period of:
Ans: 12 months ( and maximum period of 60 months)
70. A NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI? What is the present ceiling?
Ans: 12.5 per cent per annum
71. Minimum capital requirementfor Foreign banks that want to set up operations in India is:
Ans: Rs. 500 crore
72. What is the minimum paid-up capital requirement of both small banks and payments banks in India?
Ans: Rs. 100 crore
73. RBI extended the timeline for full implementation of Basel III norms till:
Ans: 31 March 20
19
74. SLR ((Statutory
Liquidity Ratio)is the amount a commercial banks needs to maintain in the form of _before providing credit to its customers.
Ans: cash, or gold, or govt. approved securities (Bonds)
75. _ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.
Ans: Marginal Standing Facility (MSF)
76. Who issues Treasury bills (T-bills) in India?
Ans: Government of India
77. Treasury bills are available for a minimum amount of:
Ans: Rs. 25,000
78. Minimum & Maximum Limit of NEFT:
Ans: no limit
79. What is the rate of interest rate on provident fund for the current fiscal?
Ans: 8.75%
80. Govt. to implement GST (Goods & Services Tax) new indirect tax regime from:
Ans: 1st April 2016
81. RBI extends deadline for exchanging pre-2005 currency from June 30, 2015 to
Ans: December 31, 2015
82. How much amount RBI allows in 'Tap and pay' transactions without PIN?
Ans: Rs. 2000
83. RBI lifted a ban on carrying Indian bank notes of Rs 1,000 and Rs. 500 denominations to and from:
Ans: Nepal and Bhutan
84. C stands for in "KYC":
Ans: Customer
85. Pension scheme for unorganized sector:
Ans: Swavalamban
86. Full form of REIT:
Ans: Real State Investment Trust
87. Forward Market Commission merge with:
Ans: SEBI
88. Purpose of starting Minor account for 10 years children:
Ans: Financial inclusion
89. Full form of CVV:
Ans: Card Verification Value
90. Bank of International Settlement headquarter:
Ans: Switzerland
91. Who appoints Banking Ombudsman officer?
Ans: RBI
92. IFRS full form:
Ans: International Financial Reporting Standards.
93. Corporate Social Responsibility committee headed is by Ans: Anil Baijal
94. Which is the Regulatory body for RRBs?
Ans: NABARD
95. RBI policy related to money laundering?
Ans: Know Your Customer
96. Mutual funds regulated by:
Ans: SEBI (Securities and Exchange Board of India)
97. What is the full form of MTSS?
Ans: Money Transfer Service scheme
98. How much amount of money can RBI lend to a bank?
Ans: 2% of NDTL
99. What RBI does to Increase its Monetary Base?
Ans: OMO Open Market Operations
100. Which rate does RBI Reduces to Increase liquidity in market?
Ans: Repo Rate
101. After completion of 15 years, Public Provident Fund (PPF) can be extended up to how many years?
Ans: 5 years
102. Short term Money lending process is known as:
Ans: Call Money
103. Treasury bill tenure:
Ans: 91 days, 182 days, 364 days
104. Minimum limit for medium scale enterprises is Rs. 5 Cr. what is maximum limit?
Ans: 10 Cr.
105. Prime Lending Rate is replaced by:
Ans: Base rate
106. Banks cannot grant Loan below which rate:
Ans: Base Rate
107. If RBI reduces CRR, what happens:
Ans: Credit Supply increases, loans get cheaper.
108. Name the scheme to include every people under banking system:
Ans: Financial Inclusion
109. Special Drawing Right (SDR) is a monetary unit of:
Ans: IMF
110. Cheque which is not crossed is called:
Ans: Open cheque
111. Teaser rates are related to which type of loans:
Ans: Home loans
112. What is Teaser loan?
Ans: If a bank offers a slightly lower rate in the initial years and higher rate in later years, it is called a teaser loan.
113. The RBI policy rate which is purely an indicative rate used by RBI to signal long – term outlook on interest rates is:
Ans: Bank rate
114. The term ‘pre – shipment’ finance relates to:
Ans: export credit
115. A receipt listed in India and traded in rupees declaring ownership of shares of a foreign company:
Ans: Indian Depository Receipt (IDR)
116. With effect from July 2012, for calculating of lending rates, the RBI has advised banks to switch over to the:
Ans: Base Rate systems
117. Mobile banking fund transfer limit in a day:
Ans: Rs. 50,000
118. The seed capital of Bhartiya Mahila Bank is:
Ans: Rs.1000 crore
119. “Lender of the Last Resort” by Banks is known as:
Ans: RBI
120. “Fixed deposit” is also referred to as:
Ans: Term Deposit
121. The holidays for the banks are declared as per:
Ans: Negotiable Instruments Act
122. In banking business, when the borrowers avail a term Loan, initially
74. SLR ((Statutory
Liquidity Ratio)is the amount a commercial banks needs to maintain in the form of _before providing credit to its customers.
Ans: cash, or gold, or govt. approved securities (Bonds)
75. _ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.
Ans: Marginal Standing Facility (MSF)
76. Who issues Treasury bills (T-bills) in India?
Ans: Government of India
77. Treasury bills are available for a minimum amount of:
Ans: Rs. 25,000
78. Minimum & Maximum Limit of NEFT:
Ans: no limit
79. What is the rate of interest rate on provident fund for the current fiscal?
Ans: 8.75%
80. Govt. to implement GST (Goods & Services Tax) new indirect tax regime from:
Ans: 1st April 2016
81. RBI extends deadline for exchanging pre-2005 currency from June 30, 2015 to
Ans: December 31, 2015
82. How much amount RBI allows in 'Tap and pay' transactions without PIN?
Ans: Rs. 2000
83. RBI lifted a ban on carrying Indian bank notes of Rs 1,000 and Rs. 500 denominations to and from:
Ans: Nepal and Bhutan
84. C stands for in "KYC":
Ans: Customer
85. Pension scheme for unorganized sector:
Ans: Swavalamban
86. Full form of REIT:
Ans: Real State Investment Trust
87. Forward Market Commission merge with:
Ans: SEBI
88. Purpose of starting Minor account for 10 years children:
Ans: Financial inclusion
89. Full form of CVV:
Ans: Card Verification Value
90. Bank of International Settlement headquarter:
Ans: Switzerland
91. Who appoints Banking Ombudsman officer?
Ans: RBI
92. IFRS full form:
Ans: International Financial Reporting Standards.
93. Corporate Social Responsibility committee headed is by Ans: Anil Baijal
94. Which is the Regulatory body for RRBs?
Ans: NABARD
95. RBI policy related to money laundering?
Ans: Know Your Customer
96. Mutual funds regulated by:
Ans: SEBI (Securities and Exchange Board of India)
97. What is the full form of MTSS?
Ans: Money Transfer Service scheme
98. How much amount of money can RBI lend to a bank?
Ans: 2% of NDTL
99. What RBI does to Increase its Monetary Base?
Ans: OMO Open Market Operations
100. Which rate does RBI Reduces to Increase liquidity in market?
Ans: Repo Rate
101. After completion of 15 years, Public Provident Fund (PPF) can be extended up to how many years?
Ans: 5 years
102. Short term Money lending process is known as:
Ans: Call Money
103. Treasury bill tenure:
Ans: 91 days, 182 days, 364 days
104. Minimum limit for medium scale enterprises is Rs. 5 Cr. what is maximum limit?
Ans: 10 Cr.
105. Prime Lending Rate is replaced by:
Ans: Base rate
106. Banks cannot grant Loan below which rate:
Ans: Base Rate
107. If RBI reduces CRR, what happens:
Ans: Credit Supply increases, loans get cheaper.
108. Name the scheme to include every people under banking system:
Ans: Financial Inclusion
109. Special Drawing Right (SDR) is a monetary unit of:
Ans: IMF
110. Cheque which is not crossed is called:
Ans: Open cheque
111. Teaser rates are related to which type of loans:
Ans: Home loans
112. What is Teaser loan?
Ans: If a bank offers a slightly lower rate in the initial years and higher rate in later years, it is called a teaser loan.
113. The RBI policy rate which is purely an indicative rate used by RBI to signal long – term outlook on interest rates is:
Ans: Bank rate
114. The term ‘pre – shipment’ finance relates to:
Ans: export credit
115. A receipt listed in India and traded in rupees declaring ownership of shares of a foreign company:
Ans: Indian Depository Receipt (IDR)
116. With effect from July 2012, for calculating of lending rates, the RBI has advised banks to switch over to the:
Ans: Base Rate systems
117. Mobile banking fund transfer limit in a day:
Ans: Rs. 50,000
118. The seed capital of Bhartiya Mahila Bank is:
Ans: Rs.1000 crore
119. “Lender of the Last Resort” by Banks is known as:
Ans: RBI
120. “Fixed deposit” is also referred to as:
Ans: Term Deposit
121. The holidays for the banks are declared as per:
Ans: Negotiable Instruments Act
122. In banking business, when the borrowers avail a term Loan, initially
they are given
a repayment holiday and this is referred as:
Ans: Moratorium
123. Regulator of Micro, Small and Medium enterprises in India:
Ans: SIDBI (Small Industries Development Bank of India)
124. A worldwide financial messaging network which exchanges between banks and financial institutions is known as:
Ans: Structured Financial Messaging System (SFMS)
125. The term “Smart Money” refers to:
Ans: Credits Card
126. The maximum deposit amount insured by DICGC?
Ans: Rs. 1 lakh per depositors across all banks
127. With reference to a cheque which is the ‘drawee bank’?
Ans: The bank upon which the cheque is drawn
128. In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?
Ans: RTGS
129. Bad advances of a Bank are called:
Ans: Non – performing Asset
130. By increasing repo rate, the economy may observe the following effects:
Ans: rate of interest on loans and advances will be costlier
131. Increased interest rates, as is existing in the economy at present will:
Ans: mean higher cost of raw materials
132. The sole authority to issue and manage currency in India:
Ans: RBI
133. In India, one- rupee coins are issued by:
Ans: Govt. of India
134. Fixed deposits and recurring deposits are:
Ans: repayable after an agreed period
135. When a bank returns a cheque unpaid, it is called:
Ans: dishonour of the cheque
136. What is ‘Demat Accounts’?
Ans: Accounts in which shares of various companies are traded in electronic form
137. When the rate of inflation increases:
Ans: purchasing power of money decreases
138. Banks in India are regulated under:
Ans: Banking Regulation Act, 1949
139. Banking sector falls under which of the following sectors?
Ans: Service Sector
140. ASBA scheme is related to the purchase of:
Ans: IPO
141. In a bank, which of the following are the usual types of accounts?
Ans: Current accounts, Savings bank accounts and Term deposit accounts
142. The most powerful tool used by the Reserve Bank of India to control inflation is to:
Ans: raise interest rates
143. NEFT and RTGS in banking terminology speak of:
Ans: electronic fund transfer from bank to bank
144. The ownership of public sector banks rests:
Ans: jointly with the Government of India and the shareholders from the public
145. If a cheque is postdated, the bank on which it is drawn:
Ans: will not honour the cheque before the date of the cheque
146. Regulator of Capital Market in India:
Ans: SEBI
147. First Indian Bank to introduce credit card:
Ans: Central Bank of India
148. RBI nationalized in:
Ans: 1949
149. Loans of very small amounts given to low income groups is called:
Ans: Micro Credit
150.Than
150. RBI established in:
Ans: 1935
a repayment holiday and this is referred as:
Ans: Moratorium
123. Regulator of Micro, Small and Medium enterprises in India:
Ans: SIDBI (Small Industries Development Bank of India)
124. A worldwide financial messaging network which exchanges between banks and financial institutions is known as:
Ans: Structured Financial Messaging System (SFMS)
125. The term “Smart Money” refers to:
Ans: Credits Card
126. The maximum deposit amount insured by DICGC?
Ans: Rs. 1 lakh per depositors across all banks
127. With reference to a cheque which is the ‘drawee bank’?
Ans: The bank upon which the cheque is drawn
128. In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?
Ans: RTGS
129. Bad advances of a Bank are called:
Ans: Non – performing Asset
130. By increasing repo rate, the economy may observe the following effects:
Ans: rate of interest on loans and advances will be costlier
131. Increased interest rates, as is existing in the economy at present will:
Ans: mean higher cost of raw materials
132. The sole authority to issue and manage currency in India:
Ans: RBI
133. In India, one- rupee coins are issued by:
Ans: Govt. of India
134. Fixed deposits and recurring deposits are:
Ans: repayable after an agreed period
135. When a bank returns a cheque unpaid, it is called:
Ans: dishonour of the cheque
136. What is ‘Demat Accounts’?
Ans: Accounts in which shares of various companies are traded in electronic form
137. When the rate of inflation increases:
Ans: purchasing power of money decreases
138. Banks in India are regulated under:
Ans: Banking Regulation Act, 1949
139. Banking sector falls under which of the following sectors?
Ans: Service Sector
140. ASBA scheme is related to the purchase of:
Ans: IPO
141. In a bank, which of the following are the usual types of accounts?
Ans: Current accounts, Savings bank accounts and Term deposit accounts
142. The most powerful tool used by the Reserve Bank of India to control inflation is to:
Ans: raise interest rates
143. NEFT and RTGS in banking terminology speak of:
Ans: electronic fund transfer from bank to bank
144. The ownership of public sector banks rests:
Ans: jointly with the Government of India and the shareholders from the public
145. If a cheque is postdated, the bank on which it is drawn:
Ans: will not honour the cheque before the date of the cheque
146. Regulator of Capital Market in India:
Ans: SEBI
147. First Indian Bank to introduce credit card:
Ans: Central Bank of India
148. RBI nationalized in:
Ans: 1949
149. Loans of very small amounts given to low income groups is called:
Ans: Micro Credit
150.Than
150. RBI established in:
Ans: 1935