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Sunday, October 27, 2013

Daily Current Affairs Updates: 26 October 2013

Daily Current Affairs Updates: 26 October 2013


National
1) Jairam Ramesh made convener of AICC ‘special group’ for Lok Sabha polls: Rural Development Minister Jairam Ramesh was today named as the Convener of a ‘Special Group’ of the AICC set up to facilitate and coordinate actions for the coming Lok Sabha elections.

2) 29 dead as rains batter Andhra Pradesh: Heavy rain over the past week has left a trail of destruction in Andhra Pradesh. At least 29 people have lost their lives, with 3,230 villages in 16 districts affected and 7,000 houses damaged, even as the State Government has launched an intense relief and rescue operations.

Economy/BAnking
1) World Bank approved $250-m aid for Uttarakhand: World Bank has approved $250-million assistance for Uttarakhand, which was hit hard by rains and landslides in June that killed 580 people, to help the State undertake rehabilitation work and strengthen its capacity for disaster management.

2) GAIL, Paradip Port sign MoU for setting up LNG terminal: A memorandum of understanding (MoU) between GAIL (India) Ltd and Paradip Port Trust was signed here today (Saturday), paving the way for the construction of an LNG terminal complete with floating storage and regasification facilities at Paradip port.

3) India's forex reserves up by $1.88 billion to $281.12 billion:  India's foreign exchange (forex) reserves gained $1.88 billion to touch $281.12 billion for the week ended Oct 18, official data showed.

4)  Ministry of Micro, Small and Medium Enterprises has assigned Corporation Bank No. 1 rank under the ‘National Awards for Excellence in MSE (micro and small enterprises) Lending’ for 2012-13.

5) Himachal Pradesh became Second State after Haryana to introduce NVQF: Himachal Pradesh on 26 October 2013 became the second state after Haryana to introduce Union National Vocational Qualitative Framework (NVQF) Scheme. The scheme has been implemented by the All India Technical Education Council and the National Skill Development Council. As per the scheme, 70 skill development councils will be established and each council will be given specific trades.

International
1) Musharraf’s custody extended till Oct 30 in Lal Masjid case: Pakistani court has extended the custody of former President General Pervez Musharraf till October 30 in the Lal Masjid case and ruled that the next hearing would be held at his Chak Shahzad farmhouse, which has been turned into a sub-jail.

2) Earthquake of 7.3 magnitude had yesterday struck off Japan’s east coast, the US Geological Survey said, triggering small tsunamis but causing no apparent damage.

3) Mount Etna volcano erupted: Mount Etna, Europe's most active volcano, has erupted, sending up a towering plume of ash visible in much of eastern Sicily. Etna's eruptions aren't infrequent, although the last major one occurred in 1992.

Sports
1) Pune Warriors out of IPL as BCCI terminates contract: Board of Control for Cricket in India (BCCI) has terminated the contract of Pune Warriors India with the Twenty20 cricket Indian Premier League (IPL) for failing to furnish a bank guarantee worthRs 170 crore for the next season. Sahara Adventure Sports is the team’s franchise owner.

2) Fifth ODI between India and Australia called off:  Fifth one-day International between India and Australia was officially called off today without a single ball being bowled due to persistent rain at Cuttack where the match was scheduled to be held.

3) Vettel takes 3rd straight Indian GP pole position: Red Bull's Sebastian Vettel put himself on pole position for a fourth successive Formula One title after lapping the Indian Grand Prix circuit faster than any driver ever before on Saturday.

4) South Africa thrash Pakistan to level series: South Africa kept their seven-year unbeaten away record intact with an innings and 92-run win over Pakistan in the second and final Test in Dubai on Saturday, squaring the two-match series 1-1.

Science & Technology
1) Chinese researchers develop bird flu vaccine: Chinese researchers announced on Saturday to have developed a vaccine for H7N9 bird flu virus, after the flu strain left over 130 people infected, of which 45 died.

2) YouTube getting ready for paid music service: Google’s video-sharing arm YouTube is preparing to launch a paid music service this year competing against other streaming outlets, with the added feature of video, media reports have said.

Saturday, October 26, 2013

IBPS PO Exam- 26 October 2013 (Evening Shift) Questions

IBPS PO Exam- 26 October 2013 (Evening Shift) Questions


Friends....Here is some Questions asked in today's IBPS PO Exam as shared by our friends...Nirmal Shyam, John Dutta, Suryateja Rokkam. We thank them on behalf of our team and all aspirants. Wishing them all the very best in the exam!!!!

1. Full Form of IBSA?- India, Brazil, South Africa
2. Who has directed the Bollywood film The Lunchbox?- Ritesh Batra
3. According to 2011 census which state has highest Rural Population?- Uttar Pradesh (15.51 crore- 18.16% of Indias Rural Population)
4. Which tennis player has retired in August 14, 2013?- Marion Bartoli
5. Who is the Head of WTO?-  Robert Azevedo
6. What is the MSF rate as on October 2013?- 9%
7. Who is the writer of the novel 'Life of Pie'?- Yann Martel
8. International Children's Peace Prize 2013 was awarded to?-  Malala Yousafzai
9. Limit of educational loans under priority sector?
10. Senior citizens can invest upto?
11.  Duration of 12th five year plan?- 2012-2017
12. Full Form of FTP?- File Transfer Protocol
13. GDP Growth rate of India as per Central Statistics Office (CSO) for 2013?
14. Full form of CDS?- Credit Default Swap
15. Fairfax group head which brought blackberry?- PremWatsa
16. Gujar Mal Modi award winner 2013?- Vinod Prakash Sharma
17. Bank which has headquarters in Bangalore?-VijayaBank
18. Aadhaar Bill name?- UIDAI bill
19. Which option will be provided to voters by Election Commission in upcoming elections as per the directives of Supreme Court?- Option to Reject All(NOTA)
20. Where is India's first Cyber forensic lab- Tripura(on August 11,2013 at Tripura High court)
21. Which Indian actor is/has been selected for a US award for his television show by the America Abroad Media (AAM)?- Aamir Khan for Satyameva Jayathe
22. DAX is the Stock Market index of which country?- Germany
23. NEFT maximum limit?- No Limit
24. One Question on core banking solution?
25. Question related to Deep discount bond feature
26. DICGC maximum amount insured
27. One question on Prithvi-2?
28. One question on NBFC
29. One question on Truncated cheques
30. Related to Currency Swap Arrrangement b/w India and Japan
31. Record made by Indian Women players by winning bronze medal for the first time in   which sport event recently?- Hockey
32. Which of the following is not an Android OS?
33. Rashtriya Krishi Vikas Yojana is provided with how much money for the year 2013-14? - 9954crores
Thatz all i could remember...so sorry


If anybody would like to like to add to the above please send it to currentaffairs4examz@gmail.com  or comment on the box below. We will publish it with your Name. Thank You..

For Questions so far asked in PO Exam: Click Here

IBPS PO Exam- 26 October 2013 (Morning Shift) Questions

IBPS PO Exam- 26 October 2013 (Morning Shift) Questions

Friends....Here is some Questions asked in today's IBPS PO Exam as was shared by our friends... Vikas Krishnan and Anjali Sharma. We thank both of them on behalf of our team and all aspirants. Thank you guys...wish both of you all the very best in the exam!!!!

1. Who is the present Chairman/Chairperson of SBI ?-Arundhati Bhattacharya
2. Who  has been awarded Rajiv Gandhi Sadbhavana Award for 2013?- Amjad Ali Khan, Sarod maestro
3. "Fault Lines: How Hidden Fractures Still Threaten the World Economy"was written by?- Raghuram Rajan
4. Who among the following is the chairman of AADHAR?- Nandan Nilekani
5. Hassan Rouhani is the president of?- Iran
6. Where is the head quaters of european union?- Brussels
7. When will General Anti Avoidance Rule (GAAR) come into effect?- April 1, 2016
8. Which of the following movie nominated for Oscar best foreign film category award from India?- The Good Road
9. Full form of NOFHC?- Non Operative Financial Holding Company
10. Graphic biography on whom was released by Amar Chitra Kotha on National Sports Day? -Dhyan Chand
11. Sundarban is located in which state?- West Bengal
12. Who is the First women chief information commissioner?- Deepak Sandhu
13. Indis's place in global competitive Index by WEF?- 60
14.  According to MSMED Act 2006,maximum limit in services is 5 crore .what is minimum limit for medium enterprises?
15.  Maharashtra state launches 'Manodhairya' scheme for whom?- Rape Victims
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16. Name of scheme started by Himachal Pradesh under food security program from Sep 20, 2013?- Rajiv Gandhi Ann Yojna
17. Maximum limit in prority sector by public sec. banks?- 40%
18. Who among the following is chairman FMC (Forward Markets Commission)?-Shri Ramesh Abhishek
19.  Pullela Gopichand related to which game?- Badminton
20. Which of the following is the population growth rate of India(2001-2011)?
21. Bank Rate w.e.f 7 oct?- 9%
22. Full form of MSF?- Marginal Standing Facility
23. According to MSMED Act 2006,maximum limit in services is 5 crore .what is minimum limit for medium enterprises?- 2 Crore
24. Which of the following country is included in BRICS?
25. Which of the following Bank open 15000 branches?- State Bank of India
26. Capital of Italy?- Rome
27. One Question on Company Bill 2013?
28. One question related to INS VIKRANT?
29.  India ink double taxation avoidance pact (DTA) with which country recently?-  Morocco
30. Loan against gold weighing upto?
31. Which country has the highest foreign currency reserve? -China
32. Which rate is not decided by RBI?-Base rate.

If anybody would like to like to add to the above or share evening shift PO Exam questions send it to currentaffairs4examz@gmail.com  or comment on the box below. We will publish it with your Name. Thank You..

For Questions so far asked in PO Exam: Click Here
Click Here for evening shift questions

Employment News this week: Job Highlights (26 October- 01 November 2013)

Employment News this week: Job Highlights (26 October- 01 November 2013)


 01. UP POWER CORP. LTD., LUCKNOW needs 422 Junior Engineer (Trainee). Last Date -28.10.13

02. WESTERN NAVAL COMMAND, MUMBAI invites applications for Senior Engine Driver, Engine Driver, Master Oil Tanker, Fireman etc. No. of Vacancies – 157. Last Date-2.11.13

03. JAWAHARLAL NEHRU UNIVERSITY, DELHI requires 54 Assistant Registrar, Veterinary Officer, Stenographer, Senior Assistant etc. Last Date - 17.11.13

04. DR BABASAHEB AMBEDKAR NATIONAL INSTITUTE OF SOCIAL SCIENCES requires Professor, Associate Professor, Librarian, Assistant Registrar etc. No. of Vacancies – 14. Last Date – 31.10.13

05. WADIA INSTITUTE OF HIMALAYAN GEOLOGY, DEHRADUN invites applications for the posts of Scientist ‘D’, Scientist ‘C’, Scientist ‘B’, Section Cutter, Bearer etc. No. of Vacancies – 20. Last Date-29.11.13

06. GOVERNMENT OF INDIA PRESS, KORATTY, KERALA invites applications for the posts of Nurse, Electrician, Senior Artist, Cameraman, DTP Operator etc. No. of Vacancies – 144. Last Date- 30.11.13

07. STAFF SELECTION COMMISSION, CHANDIGARH invites applications for the posts Technical Assistant, Scientific Assistant Grade II etc. Last Date -15.11.13

08. M/o. DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION (DRDO) needs 27 Name of Post – Scientist ‘G’, Scientist ‘E’, Scientist ‘C’, Civil Works Officer etc.Last Date – 7.11.13

09. KRISHI VIGYAN KENDRA, MALEGAON, NASHIK invites applications for the posts of Programme Coordinator, Programme Assistant (Computer), etc. Last Date – 10.11.13


10. CENTRAL SALT & MARINE CHEMICALS RESEARCH INSTITUTE, GUJARAT needs 11 Name of Post – Scientist, Senior Principal Scientist, Principal Scientist, etc. Last Date - 16.12.13

Salary of a newly appointed Postal/Sorting Assistant (PA/SA)

Salary of a newly appointed Postal/Sorting Assistant (PA/SA)

Friends…we have been receiving many queries regarding the salary structure of a newly appointed PA/SA. In this post we are bring you the details on the same. Hope this helps you…

The salary structure of  Postal Assistants/Sorting Assistant (PA/SA) cadre in Department of Posts, Government of India is based on the following parameters:

B.P = Basic Pay
D.A = Dearness Allowance
H.R.A = House Rent Allowance
T.A = Travelling Allowance
The above parameters are used in calculating the total salary of a Postal/Sorting Assistant.
PA/SA cadre, as per sixth central pay commission which came into effect in 2006, is included in the Pay Scale of  5200-20200  with a grade pay of 2400. And the good news is that Finance Minister has already announced the setting up of seventh central pay commission and Justice Ashok Kumar Mathur has been appointed as commission and  it will come into effect in 2016!!!!

Calculation:
1)     Basic Pay (BP) = 9910 ( 7510 + 2400)
2)     Dearness Allowance = Dearness Allowance (DA) is given by the Government in every six months ie, in January and July every year. From January 2014 the Dearness Allowance is 100%. Thus the present DA is 100% of 9910 which works out to 9910.
3)     House Rent Allowance (HRA) = HRA is calculated based on the city where you are working. In India the cities have been classified into three categories as “X”, “Y” and “Z”.

                                   X' Cities - 30% HRA
States
Cities Classified as "X"
Andhra Pradesh
Hyderabad (UA)
Delhi
Delhi (UA)
Karnataka
Bangaluru (UA)
Mahrashtra
Greater Mumbai (UA)
Tamilnadu
Chennai (UA)
West Bengal
Kolkatta (UA)
                                                                  
                                                                    Y' Cities - 20% HRA 
States
Cities Classified as "Y"
Andhra Pradesh
Vijayawada (UA, Warangal, (UA), Vishkhapatnam (UA), Guntur
Assam
Guwahati (UA)
Bihar
Patna (UA)
Chandigarh
Chandigarh
Chattisgarh
Durg-Bhilai Nagar (UA), Raipur (UA)
Gujarat
Ahmedabad (UA), Rajkot (UA), Jamnagar (UA), Bhavnagar (UA), Vadodara (UA), Surat (UA)
Haryana
Faridabad*
Jammu & Kashmir
Srinagar (UA), Jammu (UA)
Jharkhand
Jamshedpur (UA), Dhanbad (UA), Ranchi (UA)
Karnataka
Belgaum (UA), Hubli-Dharwad, Mangalore (UA), Mysore (UA)
Kerala
Kozhikode (UA), Kochi (UA), Thiruvananthapuram (UA)
Madhya Pradesh
Gwalior (UA), Indore (UA), Bhopal (UA), Jabalpur (UA)
Maharashtra
Amravati, Nagpur (UA), Aurangabad (UA), Nashik (UA), Bhiwandi (UA), Pune (UA), Solapur, Kolhapur (UA)
Orissa
Cuttack (UA), Bhubaneswar (UA)
Punjab
Amritsar (UA), Jalandhar (UA), Ludihiana
Pondicherry
Pondicherry (UA)
Rajasthan
Bikaner, Jaipur, Jodhpur (UA), Kota (UA)
Tamilnadu
Salem (UA), Tiruppur (UA), Coimbatore (UA), Madurai (UA)
Uttarkhand
Dehradun (UA)
Uttar Pradesh
Moradabad, Meerut (UA), Ghaziabad*, Aligarh, Agra (Ua), Bareilly (UA), Lucknow (UA), Kanpur (UA), Allahabad (UA), Gorakhpur, Varanasi (UA)
West Bengal
Asansol (UA)

 Remaining cities –      Z' Cities - 10% HRA 
In X cities = 30 % of 9910 = 2973
In Y Cities = 20 % of 9910 = 1982
In Z Cities = 10 % of 9910 = 991
4)     Travelling Allowance = TA is fixed as Rs.800 + the DA % of 800. So at present TA is 800 + 100% of 800 = 1600.
Gross Salary works out to:
·        In X class cities salary will be = 9910+9910+2973+1600 = 24,393
·        In  Y class cities will be = 9910+9910+1982+1600 = 23,402
·        In Z class cities will be = 9910+9910+991+1600= 22,411

(Note: Deductions as applicable including New Pension Scheme (NPS) Subscription etc will be made from this).