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6th March Daily Updates

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1)  Prime Minister Narendra Modi among 30 most influential people on internet: Time Magazine i. Prime Minister Narendra Modi has been named among the 30 most influential people on the internet by Time magazine in a list which also features US President Barack Obama. ii. The list, which analysed social-media followings, site traffic and overall ability to drive news, also includes British author of the Harry Potter series J K Rowling and singers Taylor Swift and Beyonce. iii. Time said the Indian Prime Minister has roughly 38 million   followers on social networking sites Twitter and Facebook, putting him ahead of any other leaders in the world except Obama. 2)   NPCI linked 15 crore bank accounts with Aadhaar number: i. National Payments Corporation of India (NPCI) on 6 March 2015 said it has linked 15 crore bank accounts with Aadhaar number. ii. NPCI is the nodal agency for all retail payment systems under the Jan Dhan scheme. iii. "NPCI, the...

Download Your Interview Call letter for CRP SPL-IV

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IBPS has uploaded the details of interview schedule for the candidates  who have  cleared  written  test of  IBPS SO IV. Click here to download

5th March Daily Updates

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1.  Kathmandu-Varanasi bus service launched i.  The Government of Nepal and India has launched a direct bus service from Kathmandu and Varanasi from today. ii  The bus service was launched under the ambit of Motor Vehicle agreement between Nepal and India signed during 18th SAARC summit. iii.  This will be the second bus service between Nepal and India, after the one connected between Kathmandu and New Delhi. iv.  Both the countries are also planning to launch another bus service between Kathmandu and Patna in future. 2.  PM inaugurates power units in MP i.  Prime Minister Narendra Modi today, launched the two units each of 600 MW of Shree Singaji Thermal Power Plant in the Khandwa district of Madhya Pradesh. ii . Shree Singaji Thermal Power Plant is a coal-fired project located in Khandwa in Madhya Pradesh. 3. India& Spain inks agreement on Mutual Protection of Classified Information i.  To provide the framework for ...

4th March Daily Updates

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1. Spectrum auction begins; govt eyes over Rs. 80,000 crore revenue i.  The much awaited spectrum auction, wherein 8 companies are bidding to acquire airwaves in four bands started.  ii.  The auction is the biggest ever sale of 2G and 3G airwaves which may fetch the government over Rs. 82,000 crore. iii.  A total of 380.75 MHz of spectrum in three bands — the premium 900 MHz band, 1,800 MHz and 800 MHz — is put on sale besides 5 MHz in the 2,100 MHz band across 17 out of 22 telecom areas in the country. 2. World’s largest and tallest Indian flag unfurled in Faridabad i.  World’s largest and tallest Indian national flag was unfurled at Town Park in Faridabad, Haryana. The flag was unfurled by BJP president Amit Shah, Haryana CM ML Khattar and Bollywood actor Ranbir Kapoor. ii.  The flag has dimension of 96 feet by 64 feet and weighs 48 kilograms. Flag was hoisted at the height of 250 feet (75 meters). Thus, making it the world’s largest an...

RBI cuts interest rate by 25 basis points

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The Reserve Bank of India has cut the key policy rate by 25 basis points, setting the tone for a reduction in lending rates by banks. This will prod banks to drop interest rates on home and car loans. The policy repo rate under the liquidity adjustment facility (LAF) is cut by 25 basis points to 7.5 per cent from 7.75 per cent. The reduction will come into effect immediately. The RBI has, however, kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4 per cent of net demand and time liabilities (NDTL). It has said that it will continue to provide liquidity under overnight repos at 0.25 per cent of bank-wise NDTL at the LAF repo rate and liquidity under seven-day and 14-day term repos of up to 0.75 per cent. It has also decided to continue with daily variable rate repos and reverse repos to smooth liquidity. Consequently, the reverse repo rate under the LAF stands adjusted to 6.5 per cent, and the marginal standing facility (MSF) rate and the bank rate to 8.5 per ...

IBPS Clerk Online Test Score For Qualified Candidates

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

3rd March Daily Updates

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1. Lok Sabha passes Motor Vehicles (Amendment) Bill, 2015 The Lok Sabha on 3 March 2015 passed the Motor Vehicles Amendment Bill , 2015 by voice vote. The Bill seeks to amend the Motor Vehicles Act, 1988 and replace the ordinance promulgated in this regard. Earlier, bill was not able to pass in the winter session of Parliament 2014, so the ordinance was promulgated in January 2015.  Key provisions of Amendment Bill i. It brings e-carts and e-rickshaws under ambit of the parent Act, so they can ply on roads across the country.  ii. The Bill defines E-carts and e-rickshaws as special purpose battery powered vehicles with power up to 4000 watts and having 3 wheels. Bill mentions that these vehicles can be used for carrying goods or passengers.  iii. It also mentions that these vehicles should be manufactured, equipped and maintained in accordance with specifications as prescribed by Union government.  iv. The Bill exempts drivers of e-rickshaw and e-cart...