IBPS2020

1. Economic Survey 2015: Highlights i.  The Economic Survey, prepared by the finance ministry's chief economic adviser Arvind Subramanian, was tabled in the Lok Sabha. ii.  India’s economic survey pegged growth at more than 8 per cent for the next fiscal and said inflation was now declining, while also setting the agenda for reforms needed to further drive the expansion, prune wasteful expenditure and promote productive investment. Following are the highlights of the survey: Double digit economic growth trajectory now a possibility Government will adhere to fiscal deficit target of 4.1% of GDP in 2014-15 Economic Survey says estimates current account deficit to fall to 1 pct of GDP in coming fiscal year​ Average WPI inflation declines to 3.4% in 2014-15 (April-December) against 6% previous year Need to improve productivity in the agricultural sector to ensure food security Post Office can be linked with AADHAR based benefits transfer architecture to allow link...

1. Six Indian women among Forbes’ 50 ‘Power Businesswomen’ 2015 Six Indian women entrepreneurs and businesswomen have been named by Forbes magazine as among the 50 ‘Power Businesswomen’ from Asia. Indians included in the list are Arundhati Bhattacharya - Chairperson of State Bank of India (SBI). Forbes list referred her as the first lady of Indian banking and as chair of the Indian behemoth with 225 million customers.  Chanda Kochchar - MD & CEO of ICICI Bank. Forbes list referred her as India’s second-most-powerful banker after Bhattacharya  Akhila Srinivasan-  MD of Shriram Capital.  Kiran Mazumdar Shaw-  Chairman & MD of Biocon. Shikha Sharma - CEO of Axis Bank. Usha Sangwan - MD of Life Insurance Corporation of India (LIC). About Forbes 50 Power Businesswomen list The Asia’s 50 Power Businesswomen list showcases accomplishments of the region’s female entrepreneurs and executives for particular year. The li...

The key themes of the Budget were in line with Prime Minister Narendra Modi's initiatives - Swachch Bharat Mission, Make in India and Digital India. 1 The most-expected part about this year's Railway Budget - there is no increase in passsenger rail fares. 2 Rs.8.5 lakh crore will be invested in Railways in next 5 years. 3 'Operation 5 mins', wherein passengers travellling unreserved can purchase a ticket in 5 minutes. 4 Bio toilets and airplane-type vaccum toilets in trains. 5 Surveillance cameras in select coaches and ladies compartments for women's safety without compromising on privacy. 6 Rail tickets can now be booked 120 days in advance. 7 Speed on nine railway corridors to go up to 200 km per hour. 8 Wi-Fi in more stations, mobile phone charging facilities in all train compartments. 9 Facility of online booking of wheelchair for senior citizens. 10 Satellite railway terminals in major cities. 11 Centrally managed R...

To View Online Test Scores of Qualified Candidates called for Interview for Common Recruitment Process for CWE Clerk click here

1.   Public Premises  (Eviction of Unauthorised Occupants)  Amendment Bill , 2014  cleared  by both houses of Parliament.  i.It makes it quick and easier to evict unauthorized occupants from public properties like those under Metro Rail Corporations, Public Transport Companies, Municipalities' assets etc.ii. The Amendment Bill will empower those entities with Centre and States owning more than 51 % of their Paid Up capital under the definition of public premises.iii. The move will enable quick execution of infrastructure projects by imposing stricter time frames for completing eviction proceedings.iv Eviction of unauthorized occupants of government bungalows will also be streamlined.v.  At present, Lengthy legal procedure allow unauthorized occupants to continue to use the government accommodation by paying paltry amount either by way of rent or penalty. 2. Delhi  Government develops a  mobile application  "mLiquorSaleC...

Federal Bank invited online applications from eligible candidates, who fulfill the requisite criteria for ‘Clerk’ post. The candidate eligible for the posts may apply ONLINE on or before 05 March 2015. Important Dates Opening Date for Submission of Online Application:  23 February 2015. Closing Date for Submission of Online Application:  05 March 2015.       Tentative Date of Aptitude Test:  14 & 15 March 2015.              Educational Qualification Possess Graduation in Science discipline from the recognized University or Institution. Age Limit Age Limit for the candidate should not be exceeding 24 years of age Pay Scale Candidate will get the Pay Scale ranges between Rs. 7,200/- to Rs. 19,300/- Per Month and additional benefits as per norms. Selection Procedure The short listed candidates will be selected on the basis of performance in the Aptitude Test fo...

State Bank of India has declared final result for the Recruitment of ASSISTANTS in Clerical Cadre for which written test was conducted in 2014.                                                                                                                                           click here

Indian Overseas Bank   invited applications for the Post of Senior Manager-Credit Officers Post in MMG Scale III. The eligible candidates can apply online to the Post through the prescribed format on or before 06 March 2015 and offline before 14 March 2015. Important Date Last Date of Online Application :  06 March 2015 Last Date of Offline Application:  14 March 2015 Details of Post Name of Post:  Senior Manager-Credit - 100 Posts Pay Scale:  25700 – 800/5 / 29700 – 900/2 - 31500 Eligibility Criteria : Full Time MBA/Post Graduate Diploma in Management with Specialization in Finance. CAIIB/Diploma in Banking and Finance by IIBF will be preferred. Age Limit:  26-35 Years Selection Procedure The selection of the candidates will be done on the basis of the interview/exam conducted by the Bank. How to Apply Eligible candidates can apply to the Post  Detailed  notification:  click here

A lot of people have no idea on how their credit card works and what is the exact interest applications. Credit cards are in market mainly to make money from customers by charging them huge interest because they overuse their credit limit or just fall for the  minimum balance  option and get into debt trap. Let’s first understand few concepts like billing cycle and grace period to start with How Billing Cycle in Credit Card works ? Billing cycle is duration for which you are liable to pay the due amount. e.g. from the period 6th Mar- 5th Apr. It means that your bill gets generated on 5th of every month. This bill includes all the transactions done in the last 30 days. If you buy something on 7th Mar, that transaction will appear on the bill generated on 5th Apr and if you buy something on 4th Apr, still it appears on the bill generated on 5th Apr. What is meaning of Grace period ? Grace period is number of days up to when you have the liberty to pay off your las...