TODAY'S CURRENT AFFAIRS: 25th FEBRUARY, 2017

Dear Aspirants,

Current affairs are the most important part for the banking exams. You can score more in less time if you have good knowledge of the same. You can be perfect in it by reading daily and note them down in a notebook and revise them daily also read any newspapers on daily basis. Also you can use apps of the newspapers to get instant updates.

Here I'm providing you Today's news summary that will help you in exams.

NATIONAL:
1. TN Govt announces Rs5k short-term aid to 30k fishermen on Oil spill in sea.

2. India's first mountain biking path opened in Darjeeling.

3. Assam to get 9 Passport Seva Kendras around the state.

4. 'Adiyogi' 112-foot tall Shiva statue revealed at Isha Foundation in Coimbatore.

5. Proposal of TN on increase of workdays under MGNREGA to 150 days got approval from Centre.

6. Sylhet city of Bangladesh to get Financial assistance from India on its development.

7. Under Antyodaya Anna Yojana canteens to be opened in Haryana.

8. Maharashtra BJP to be celebrated Vijay Utsav at its head quarters in Mumbai.

9. Liker & Leh Dosmochey festival celebration starts today in Ladakh.

INTERNATIONAL:
10. New Zealand approves Sign Language as a official language.

BUSINESS AND ECONOMY NEWS:
11. Exports of India's steel marked 8.89 lakh tonnes in January.

12. DIPP reports FDI inflow increase 18 % to $46 billion in 2016.

AGREEMENTS:
13. India -Israel made deal of Rs.17,000-crore on jointly develop a missile MR-SAM.

APPOINTMENTS:
14. T R Zeliang Former CM of Nagaland appointed as Finance Advisor to state govt.

SPORTS NEWS:
15. Ball boys to be replaced by Shelter dogs in Brazil Open 2017.

16. Shooting World Cup : Bronze medal won by Pooja Ghatkar of India.

· John-John Dohmen, Naomi Van announced as best hockey players of 2016 in men and Women category

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TODAY'S CURRENT AFFAIRS: 24th FEBRUARY, 2017

Dear Aspirants,

Current affairs are the most important part for the banking exams. You can score more in less time if you have good knowledge of the same. You can be perfect in it by reading daily and note them down in a notebook and revise them daily also read any newspapers on daily basis. Also you can use apps of the newspapers to get instant updates.

Here I'm providing you Today's news summary that will help you in exams.

DAYS TO REMEMBER:
1. Central Excise Day - February 24th

NATIONAL:
2. App launched to provide GST updates by CBEC.

3. J&K and Centre planned to invest
₹2,400 crore to boost state's tourism.

4. Dance festival 'Brahan Natyanjali' starts today at Thanjavur temple.

5. Private school of Haryana made must to install solar plants.

6. CBSE insists school buses to have GPS, CCTV & guard facility.

7. Pradeep Refinery project of IOCL got concession on interest by Odisha Govt.

INTERNATIONAL:
8. Bilateral talks held between Bangladeshi PM Sheikh Hasina and India Foreign Sec.

9. 9th edition of BRICS Summit to be take place in China's Xiamen city.

BANKING NEWS:
10. Merger of SBI associate banks with SBI to be kick start from April 1.

BUSINESS AND ECONOMY NEWS:
11. TCS ranked world's third most valuable brand in IT services.

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UNION BUDGET MCQS QUIZ FOR SBI PO: PART6

Dear Aspirants,

We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I am providing you sixth quiz. keep learning

1.As per the Union Budget 2017-18, the total corpus of the Long Term Irrigation Fund in 
NABARD has been increased to?
A.Rs.20,000 Crore
B.Rs.10,000 Crore
C.Rs.40,000 Crore
D.Rs.25,000 Crore

2.How much amount of agricultural credit to farmers has been proposed in the Union Budget 2017-18?
A.Rs. 15 lakh crore
B.Rs. 12 lakh crore
C.Rs. 20 lakh crore
D.Rs. 10 lakh crore

3.The Minimum Alternate Tax (MAT) credit has been carried forward from the current 10 years to how many years in the Budget Estimates in 2017-18?
A.15 Years
B.20 Years
C.17 Years
D.12 Years

4.How much amount has been allocation for Women and Children welfare under various schemes across all Ministries in the Union Budget 2017-18?
A.Rs. 1,87,650 crores
B.Rs. 1,75,310 crores
C.Rs. 1,84,632 crores
D.Rs. 1,09,625 crores

5.As mentioned in the Union Budget 2017-18, the Indian Railways coaches would be completely fitted with bio-toilets by which year?
A.2020
B.2018
C.2022
D.2019

6.What is the expected growth rate of agricultural sector for the last quarter of the fiscal year 2016-17 ending March 2017?
A.4.1 Percent
B.4.5 Percent
C.3.6 Percent
D.3.2 Percent

7.As per the Union Budget 2017, what is the maximum cash donation that a political party can receive from one a source?
A.Rs. 2000
B.Rs. 3500
C.Rs. 4200
D.Rs. 5000

8.Consider the following statements and based on the Budget Estimates 2017 identify 
which among the given points are correct? 
i.Foreign Investment Promotion Board will be abolished in 2017-18
ii.Second phase of Solar Park development will be taken up for additional 20,000 MW capacity.
iii.A Computer Emergency Response Team for Financial Sector (CERT-Fin) will be established
A.Only i & ii
B.Only ii & iii
C.Only i & iii
D.All Are Correct

9.What is the name of the single window interface, to be launched by the Union government to register all coach related complaints and requirements
A.Coach For All
B.Coach Mitra
C.Best Coach
D.My Coach

10.According to the Union Budget 2017-18, what is the total allocation made under Pradhan Mantri Mudra Yojana?
A.Rs. 2.44 Lakh crore
B.Rs. 1.20 Lakh crore
C.Rs. 2.50 Lakh crore
D.Rs. 1.75 Lakh crore

Click Here To See The Answers

Click Here To Quiz Part 5

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CURRENT AFFAIRS REVISION: DAY5

Dear Aspirants,

As we all know SBI PO is here and current Affairs are the key to score higher in less time in any exam.

So, here we are with the Current affair question of January. Which will help you in SBI PO mains.

Q1. Which company has in collaboration with the Karnataka Directorate of Education, have launched a pilot project to promote digital education in schools in Chitradurga, Karnataka?
Answer: Vedanta

Q2. Name the private sector banks, which has helped at Kanyakumari district in southern Tamil Nadu have introduced digital wallets and PoS to enable their devotees pay donations recently?
Answer: HDFC Bank

Q3. Which North-Eastern state has signed an MOU with NDDB to promote dairy development, recently?
Answer: Arunachal Pradesh

Q4. Anjani Portland Cement has commissioned a 16-mega watt (MW) coal-based captive power plant at its cement unit in-
Answer: Telangana

Q5. The Indian hockey team captain ______________ has become a member of International Hockey Federation Athletes' Committee.
Answer: PR Sreejesh

Q6. Which company has signed a non-binding MoU with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and Rajasthan Urja Vikas Nigam Ltd for takeover of Chhabra Thermal Power Plant Stage-I?
Answer: NTPC

Q7. Allaying fears of a slowdown following demonetization, the country's industrial production grew __________ in November 2016, compared to a contraction of 3.4% in November of the year 2015.
Answer: 5.7%

Q8. Who has been appointed as Maharashtra Cricket Association (MCA ) president, recently?
Answer: Ashish Shelar

Q9. In Which city Consulate General of India has announced a launch of the 'Diplomats Cricket Championship Cup' in association with the Skyline University College recently?
Answer: Dubai

Q10. Global unemployment is expected to rise by 3.4 million in 2017 despite a likely modest pick-up in economic growth at 3.4% in 2017 and 3.6% in 2018, against a six-year low of 3.1% in 2016, says a new report by the International Labour Organisation (ILO). Where is the headquarter of International Labour Organization (ILO)?
Answer: Geneva, Switzerland

Q11. Name the Company, which has sells land parcel to Wadhwa Group for Rs. 190 crore?
Answer: Pepsico

Q12. Airtel Payments Bank the first payments bank started its nationwide operations recently, with an initial investment of-
Answer: Rs.3000 Crore

Q13. Fourth International Kite Festival has begins in which city-
Answer: New Delhi

Q14. The harvest festival of Magh Bihu was celebrated across which of the following states recently?
Answer: Assam

Q15. The United States has announced the end of a 20-year economic embargo on _____________, lifting trade and financial sanctions in an effort to foster ties with the Sudanese government.
Answer: Sudan

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UNION BUDGET MCQS QUIZ FOR SBI PO: PART 5

Dear Aspirants,

We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I am providing you fifth quiz. keep learning

1.As per the Union Budget 2017-18, centre has allocated how much amount to set up Mahila Shakti Kendra?
A.Rs. 500 crores
B.Rs. 750 crores
C.Rs. 600 crores
D.Rs. 825 crores

2.The union government aims to achieve a target of how many digital transactions in 2017-18 through UPI, USSD, Aadhar Pay, IMPS and debit cards?
A.3000 crore
B.2500 crore
C.1700 crore
D.2900 crore

3.Among the given statements, which are true in respect of the Union Budget 2017-18?
i.Government aims to launch a scheme to create employment in the leather and footwear
industries along the lines in Textiles Sector.
ii.Incredible India 4.0 Campaign will be launched across the world to promote tourism and
employment.
iii.SWAYAM platform, leveraging IT, to be launched with at least 350 online courses.
A.Only ii & iii
B.Only i & iii
C.None are Correct
D.All are Correct

4.The Union government aims to create how many additional Post Graduate seats per annum in Medical colleges to ensure adequate availability of specialist doctors to strengthen Secondary and Tertiary levels of health care?
A.5000
B.2500
C.7500
D.3000

5.The Basic customs duty on LNG has been reduced from 5 percent to _______  percent.
A.3 Percent
B.2 Percent
C.4.5 Percent
D.2.5 Percent

6.The Union Government has targeted the fiscal deficit for 2017-18 at _______percent 
of GDP
A.3 Percent
B.2.5 Percent
C.3.2 Percent
D.2.7 Percent


7.How many new All India Institutes of Medical Sciences (AIIMS) would be set up in 
2017-18 as per the Union Budget 2017?
A.5
B.7
C.2
D.3

8.Banks have targeted to introduce how many Aadhar based Point-Of-Sales (POS) 
machines by September 2017?
A.25 Lakh
B.19 Lakh
C.32 Lakh
D.20 Lakh 

9.Banks have targeted to introduce additional 10 lakh new POS terminals by which year?
A.March 2017
B.April 2018
C.February 2020
D.March 2019

10.How much amount has been allocated for recapitalization of Banks provided in     2017-18 as per the estimates of Union Budget 2017-18?
A.Rs. 12,000 crores
B.Rs. 10,000 crores
C.Rs. 15,500 crores
D.Rs. 11,250 crores

Click Here To See The Answers

Click Here To Quiz Part 4

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CURRENT AFFAIRS REVISION: DAY4

Dear Aspirants,

As we all know SBI PO is here and current Affairs are the key to score higher in less time in any exam.

So, here we are with the Current affair question of January. Which will help you in SBI PO mains.

Q1. India and Kenya have signed agreements in the area of agriculture which were inked after delegation level talks between Prime Minister Narendra Modi and Kenyian President Uhuru Kenyatta in New Delhi recently. Where is capital of Kenya?
Answer: Nairobi

Q2. BIS has revised Indian Standard on gold hall marking. The hallmarked gold jewellery will now be available in three grades of 14 carat, 18 carat and 22 carat. BIS stands for?
Answer: Bureau of Indian Standards

Q3. India's top Under-13 player _______________ make the country proud by winning the title in the Scottin Junior Open Squash championship at Edinburgh, Scotland.
Answer: Shreyas Mehta

Q4. Health Minister will be to launch Measles-rubella vaccine to roll out in Goa, Karnataka, Lakshadweep, Puducherry and Tamil Nadu between February 03rd and 04th, 2017. Who is present Union Health Minister of India.
Answer: Jagat Prakash Nadda

Q5. Name the second Scorpene class submarine that has launched at the Mazagon Dock Shipbuilders Limited in Mumbai, recently?
Answer: Khanderi

Q6. Pongal is a harvest festival which is celebrated in the state of-
Answer: Tamil Nadu

Q7. Japanese Prime Minister has signed a 1-trillion yen, about 8.7 billion dollars, aid package over the next five years to the Philippines, meant to improve economic and political relations between the two island nations. Who is the present Prime Minister of Japan?
Answer: Shinzo Abe

Q8. Who has been appointed as the new chairman of Tata Group recently?
Answer: N Chandrasekaran

Q9. The Government of India has increased the minimum monthly pension to __________ per person, besides a two-fold hike in exgratia amount for central government employees.
Answer: Rs.9,000

Q10. In which city, the month-long Magh Mela festival has began recently at Sangam?
Answer: Allahabad, Uttar Pradesh

Q11. The govt. will sell its entire 51% stake and transfer the management control of the helicopter service operator Pawan Hans. It is a joint venture where ________ holds 49%.
Answer: ONGC

Q12. Which state has inaugurated the first solar-powered boat of the state water transport department, Aditya?
Answer: Kerala

Q13. India is all set to get its first wax museum in June 2017 Unveils Wax Figures Of Actor Amitabh Bachchan, Lady Gaga in-
Answer: New Delhi

Q14. The Central Industrial Security Force (CISF) has announced how much ex-gratia payment to the family of each of the four personnel gunned down by its jawan Balbir Singh in Aurangabad district of Bihar after a tiff?
Answer: Rs 25 lakh

Q15. Which country has taken over from Thailand as chair of the Group of 77 which promotes the interests of the 134 developing countries it represents at the United Nations, including China?
Answer: Ecuador

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TODAY'S CURRENT AFFAIRS: 23 FEBRUARY, 2017

Dear Aspirants,

Current affairs are the most important part for the banking exams. You can score more in less time if you have good knowledge of the same. You can be perfect in it by reading daily and note them down in a notebook and revise them daily also read any newspapers on daily basis. Also you can use apps of the newspapers to get instant updates.

Here I'm providing you Today's news summary that will help you in exams.

NATIONAL:
1. Tobacco food products like gutkha, pan masala banned in Punjab.

2. Former Indian Navy Ship Viraat to be decommissioned on Mar 6.

3. Approval given by Cabinet on setting up solar parks estimated Rs.8,100-cr.

4. E-learning centres opened at public libraries by J&K govt.

5. New fully completed Antyodaya Express launched by Railway Minister SureshPrabhu.

6. Sovereign Gold Bonds 2016-17-Series IV to be issued by Govt.

7. Rewards offered for recycling waste through machine installed by a startup.

INTERNATIONAL:
8. Ban on Women army officers wearing Islamic headscarf removed by Turkey.

9. IMF reported as GDP of India's projected to slow to 6.6% on the effect of demonetisation.

10. Cressida becomes 1st woman to head Scotland Yard in 188 yrs.

BUSINESS AND ECONOMY NEWS:
11. Telenor's India operations to be acquired by Bharti Airtel.

SCIENCE AND TECHNOLOGY:
12. 7 new Earth-sized exoplanets discovered by Astronomers.

AGREEMENTS:
13. Trade facilitation agreement of WTO made into effect.

APPOINTMENTS:
14. Somalia president appoints Hassan Ali Khaire as its new Prime Minister.

15. Ramkumar Narayanan Product Development head of eBay quits.

SPORTS NEWS:
16. Roll Ball World Cup 2017 won by Indian men's, women's teams.

17.  Rs.5 lakh reward announced for players of Blind World Cup winning team.

18. ISSF World Cup tournament starts today in Delhi.

19. 1st Gramin Khel Mahotsav to be held next month in Delhi: Vijay Goel

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UNION BUDGET MCQS QUIZ FOR SBI PO: PART 4

Dear Aspirants,

We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I am providing you Fourth quiz. keep learning

1.As per the Union budget 2017-18, what percent of service charge would be levied on tickets booked through IRCTC?
A.1 Percent
B.5 Percent
C.10 Percent
D.No Service Charge
Answer: D.No Service Charge

2.As per the Union Budget 2017-18, which of the given Railway subsidiaries will be listed in the Stock exchange? 
A.IRFC
B.IRCTC
C.IRCON
D.All the above
Answer: D.All the above

3.How much amount has been approved in the Union Budget 2017-18 in incentive schemes like M-SIPS and EDF to make India a global hub?
A.Rs. 745 crores
B.Rs. 850 crores
C.Rs. 693 crores
D.Rs. 710 crores

4.What does S stands for in SANKALP?
A.Strength
B.Supreme
C.Skill
D.Satisfaction

5.The next phase of STRIVE will be launched at how much cost in 2017-18?
A.Rs.3,975 crore
B.Rs.1,765 crore
C.Rs.2,450 crore
D.Rs.2,200 crore

6.Government has proposed to introduce a system of measuring annual learning with focus on ______ educationally-backward blocks.
A.5,345
B.1,265
C.3,479
D.2,976

7.As proposed by the government, which of the following will be established to safeguard the financial sector from cyber crime?
A.E-Security
B.CERT-Fin
C.Secure-Fin
D.Cybersafe

8.How much amount has been allocated to the Ministry of Defence in the Union Budget 
2017-18?
A.2.55 lakh crore
B.2.74 lakh crore
C.3.77 lakh crore
D.1.75 lakh crore

9. Union Budget 2017-18 focused on 10 distinct themes. Which among the following is NOT among the themes?
A.Infrastructure
B.Youth
C.Cleanliness
D.Digital Economy

10. The Union Budget 2017-18 contains 3 major reforms. Which among the following reforms is not one of them?
A.Presentation of Budget advanced to 1st February
B.Removal of Plan and Non-Plan Classification of expenditure
C.Merger of Railways Budget with Finance Budget
D.All Are Correct

Click Here To See The Answers

Click Here To Quiz Part 3

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CURRENT AFFAIRS REVISION: DAY 3

Dear Aspirants,

As we all know SBI PO is here and current Affairs are the key to score higher in less time in any exam.

So, here we are with the Current affair question of January. Which will help you in SBI PO mains.

Q1. Former President Akbar Hashemi Rafsanjani has passed away recently. Akbar Hashemi Rafsanjani was former president of which country?
Answer: Iran

Q2. EPFO has made Aadhaar Card mandatory for its about 50 lakh pensioners and around four crore subscribers. EPFO stands for?
Answer: Employees' Provident Fund Organisation

Q3. Reigning Olympic and world 800m champion and world record holder, David Rudisha is the International Event Ambassador for the 14th Standard Chartered Mumbai Marathon to be held on January 15 2017. David Rudisha is belongs to which country?
Answer: Kenya

Q4. The Bank of India (BOI) has reduced its interest rates on retail loans, including home and vehicle loan recently. The bank earlier reduced its minimum lending rates or marginal cost of funds based lending rates (MCLR) by up to 90 basis points. Where is the headquarter of BOI?
Answer: Mumbai

Q5. Indian tennis ace Sania Mirza won the 2017 Brisbane International women's doubles title recently with her partner
Answer: Bethanie Mattek-Sands

Q6. Who has been named as the Coach of the Year at the FIFA Football Awards 2016 in Zurich, Switzerland.
Answer: Claudio Ranieri

Q7. Who has been appointed as the new CEO of Flipkart after replacing co-founder Binny Bansal?
Answer: Kalyan Krishnamurthy

Q8. Which country has fired its first submarine-launched nuclear-capable missile, recently?
Answer: Pakistan

Q9. An eight-year-old boy from Jammu and Kashmir ________________ has won the gold medal in Thai Boxing Championship at the national level ,a class 2 student was felicitated by the district authorities and the civil administration as well as by the police.
Answer: Abbu Ammaz

Q10. The 74th Annual Golden Globe Awards ceremony was organized at Beverly Hills, California, United States (USA). Which movie has won the Best Motion Picture Drama Award?
Answer: Moonlight

Q11. The US fast-food giant McDonald announced to sell its businesses in which country recently for $2.08 bn to Citic and the Carlyle Group?
Answer: China

Q12. Former wrestler and coach Mahavir Singh Phogat made his way to the launch of his authorised biography _____________ in Chandigarh.
Answer: Akhada

Q13. The Federation Internationale de Football Association (FIFA) has decided that the World Cup will be expanded to host 48 teams, up from 32. Where is the headquarter of FIFA?
Answer: Zurich, Switzerland

Q14. Which country has called for partnership between India, Pakistan and Afghanistan on counter-terrorism operations recently?
Answer: USA

Q15. To promote ease of ticketing through digital transactions, railway minister ____________________ has released the new passenger mobile application named ‘IRCTC Rail Connect app'.
Answer: Suresh Prabhu

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RBI ASSISTANT 2016 FINAL RESULT DECLARED

Dear Aspirants,

Reserve Bank of India has released the Result for the post of assistant 2016.

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TODAY'S CURRENT AFFAIRS: 22 FEBRUARY, 2017

Dear Aspirants,

Current affairs are the most important part for the banking exams. You can score more in less time if you have good knowledge of the same. You can be perfect in it by reading daily and note them down in a notebook and revise them daily also read any newspapers on daily basis. Also you can use apps of the newspapers to get instant updates.

Here I'm providing you Today's news summary that will help you in exams.

NATIONAL:
1. Common form for different types of withdrawals got introduced by EPFO.

2. Anti-virus software for mobiles and desktops launched for free by Govt.

3. India's first heliport to be commissioned in Delhi.

4. Maternity leave for industrial women workers got doubled by Govt.

5. Compensation for acid attack victims' increased to Rs.7L by Delhi govt.

6. Restrictions implemented for number of guests attending weddings by J&K Govt.

7. Increasing in capacity of solar parks & projects got approved in Cabinet.

8. First strategic dialogue between India & China held today in Beijing.

9. Tamil Nadu govt decides to implement 7th Pay Commission Recommendations.

10. Installing of 900 MW hydropower project at Nepal got approved from Centre.

INTERNATIONAL:
11. Sierra Leone approves Bengali as its official language.

12. All coal imports from North Korea got banned by China.

SCIENCE AND TECHNOLOGY:
13. Seven new miniature frog species discovered by Indian scientists.

14. Microsoft launches Skype Lite app offers which works even on 2G.

APPOINTMENTS:
15. Shurhozelie Liezietsu sworn in as new Nagaland CM.
16. Govind Rajan CEO of FreeCharge quits today.

SPORTS NEWS:
17. Indian women team trounced South Africa in final of ICC Women's World Cup Qualifier 2017.

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UPSC CIVIL SERVICES (PRELIMINARY) 2017 NOTIFICATION OUT

Dear Aspirants,

UPSC has released its recruitment notification for CIVIL SERVICES (PRELIMINARY) EXAM 2017.
All those students who dream to be an IAS, here is another opportunity to get a coveted post and serve the nation, live your dream.

CLICK HERE FOR NOTICE.

CLICK HERE FOR APPLY

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FEBRUARY-2017 THIRD WEEK CURRENT AFFAIRS PDF

Dear Aspirants,

Its time to gear up your preparations for SBI PO 2017, and with  current affairs you can easily prepare G.A and score well. In Banking exams you have to prepare atleast 3 to 4 months current Affairs so that you can easily score good marks. 

The mains exam of SBI PO  will be conducted on 4th june that means that means you have to prepare from January to may current affairs.

Here I'm providing you Third week current Affairs PDF of February month. So read well, learn well, score well.

To Download Third Week Current Affairs

Click Here

To Download Second Week current Affairs

Click Here

To Download First week Current Affairs

Click Here

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CURRENT AFFAIRS REVISION: DAY 2

Dear Aspirants,

As we all know SBI PO is here and current Affairs are the key to score higher in less time in any exam.

So, here we are with the Current affair question of January. Which will help you in SBI PO mains.

Q1. The two day Assam Biotech Conclave began in Guwahati recently. Name the Chief Minister of Assam, who has inaugurated the conclave in presence of Science and Technology minister Keshab Mahanta?
Answer: Sarbanand Sonowal

Q2. Which two states has signed an MOU to join the Ujwal Discom Assurance Yojna (UDAY) scheme, recently?
Answer: Telangana and Assam

Q3. Which private sector bank has entered into a tie-up with Bajaj Electricals for vendor financing using blockchain solution, and announced to use the technology more aggressively as it saves over 70% in cost recently?
Answer: Yes Bank

Q4. State-owned fuel retailers, Indian Oil Corporation (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will offer an upfront discount of _________ on every LPG refill to all LPG customers who will book and pay for it online.
Answer: Rs. 5

Q5. For the benefit of voters, candidates, election staff as well as the Election Commission of India (ECI), the district administration of Ludhiana has developed a mobile application named..............?
Answer: ECI360

Q6. The Government has imposed an anti-dumping duty ranging from 6.30 US dollars to 351.72 US dollars per tonne on imports of jute and its products from which of the countries recently?
Answer: Bangladesh and Nepal

Q7. A telecommunication technology test satellite has successfully test fired by ___________ from the Xichang Satellite Launch Centre recently?
Answer: China

Q8. The Supreme Court has restrained transfer of 2G spectrum licences from Maxis, originally allotted to Aircel in 2006, to any other telecom company. Maxis is based in
Answer: Malaysia

Q9. Japan has temporarily withdrew its Ambassador to which country recently, amid an escalating row over a statue representing wartime sex slaves?
Answer: South Korea

Q10. The Gross Domestic Product (GDP) growth is estimated at ________ in 2016-17 as per the data released recently by the Central Statistics Office (CSO).
Answer: 7.1 per cent

Q11. Prime Minister Narendra Modi and his Portuguese counterpart ________________ has inaugurated the main convention of Pravasi Bhartiya Divas (PBD) in Bengaluru.
Answer: Dr Antonio Costa

Q12. China's Central Bank has says, the country's foreign currency reserves shrank last year, marking large annual losses for the 02nd year in a row.The Central Bank of China is?
Answer: People's Bank of China

Q13. US President-elect Donald Trump has named ____________ as his National Intelligence Director.
Answer: Dan Coats

Q14. Who has won the Qatar Open tennis title. In an epic final in Doha, the Serbian defeated Andy Murray of UK by 6-3 5-7 6-4 recently?
Answer: Novak Djokovic

Q15. The GAAR, will kick in from April 1, 2017 said the Central Board for Direct Taxes (CBDT). What is GAAR stands for?

Answer: General Anti-Avoidance Rule

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UNION BUDGET MCQs QUIZ FOR SBI PO: PART 3

Dear Aspirants,

We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I am providing you third quiz. keep learning

1.How many international skill centers to be opened to help people get jobs in abroad?
A.50
B.75
C.150
D.100

2.The government aims to launch SWAYAM Platform to provide at-least 350 online courses for enabling students to virtually attend courses. What does SWAYAM stands for?
A.Skill for Web based Active Learning for Young Aspiring Minds
B.Study Webs of Active –Learning for Young Aspiring Minds
C.Scientific and Web Activated Learning for Youth and Aspiring Minds
D.Scholarship in Web Active Learning for Young Achieving Members

3.According to the Union Budget 2017-18, the total resources transferred to the States and Union Territories is ____________
A.Rs. 3.28 Lakh Crore
B.Rs. 4.11 Lakh Crore
C.Rs. 2.75 Lakh Crore
D.Rs. 3.77 Lakh Crore

4.As per the data in the Budget 2017-18, World Bank has projected India’s GDP growth rate at __________ percent for Financial Year 2018.
A.7.6 Percent
B.8.1 Percent
C.6.9 Percent
D.7.2 Percent


5.As per the Union Budget 2017-18, a tax rate of 25 percent would be levied on small and medium sized enterprises which have an annual turnover of up to Rs.__________
A.25 crore
B.50 crore
C.45 crore
D.35 crore

6.Which of the following campaign will be launched by the Union Government to promote tourism and employment, as per the Union Budget 2017?
A.Incredible India 2.0
B.Revolutionary India
C.Incredibly Superior India
D.Pride of the World

7. As per the Union Budget 2017-18, LIC will implement a scheme to provide a guaranteed rate of return of ________percent per annum for 10 years to senior citizens.
A.9 Percent
B.10 Percent
C.8 Percent
D.7 Percent


8.As per the budget how many Railway stations will be made differently abled friendly by providing lifts and escalators?
A.550
B.500
C.450
D.390

9.The sanitation coverage in rural India has increased to ______ percent as per the data in Budget 2017-18.
A.66 percent
B.75 percent
C.60 percent
D.59 percent

10.For Small and Medium tax payers whose turnover is upto Rs. 2 crores, the presumptive tax has been lowered from 8 percent to _______ percent.
A.4 Percent
B.7 Percent
C.5 Percent
D.6 Percent

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TODAY'S CURRENT AFFAIRS: 21st FEBRUARY, 2017

Dear Aspirants,

Current affairs are the most important part for the banking exams. You can score more in less time if you have good knowledge of the same. You can be perfect in it by reading daily and note them down in a notebook and revise them daily also read any newspapers on daily basis. Also you can use apps of the newspapers to get instant updates.

Here I'm providing you Today's news summary that will help you in exams.

DAYS TO REMEMBER:

1. International Mother Language Day - February 21st

NATIONAL:

2. Money donated by Assam school kids to support build of road, toilets.

3. World record made by 1152 Indians by performing largest Taekwondo display.

4. Govt planned to set up 7 Research parks to boost startups at IITs, IISc.

5. Raj Bhawan in Goa turned as cashless.

6. 'BharatQR' QR code launched by Govt for cashless payments.

7. Railway network to link Kathmandu to Delhi, Kolkata aimed by Indian Govt.

8. New layout for recording, reporting road accident data released by Govt.

9. Govt of Tamil Nadu announces Rs 2247 cr as drought relife fund for farmers.

10. Digi Dhan Mela organised by govt in Agartala of Tripura.

11. Aadhaar Bill, 2017 passed in Assembly of Gujarat.

12. ISRO staff offered free pizzas by Pizza Hut to on historical record launch.

INTERNATIONAL:

13. China streets implemented by Robot police officers for patrolling.

BANKING NEWS:

14. Idea of  Apex bank varies from that of payments sector should be freed of licensing mechanism: RBI

BUSINESS AND ECONOMY NEWS:

15. Reliance Jio to start charging for data from Apr 1, voice calls to stay free.

16. Merger talks initiated between RCom, Tata Teleservices to compete Jio.

AGREEMENTS:

17. 3 MoUs signed between India and Rwanda to boost bilateral relations.

APPOINTMENTS:

18. N Chandrasekaran steps in as Tata Sons Chairman.

19. V Ramakrishnan appointed as CFO of Tata Consultancy Services.

20. Lt. Gen. Herbert Raymond McMaster appointed as new National Security Advisor by US President Trump.

SPORTS NEWS:

21. Kohli becomes 1st Indian athlete to sign a ₹100 cr deal with a brand.

OBITUARY:

21. Vitaly Churkin Russia's ambassador to UN, passed away.

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CURRENT AFFAIRS REVISION:DAY 1

Dear Aspirants,

As we all know SBI PO is here and current Affairs are the key to score higher in less time in any exam.

So, here we are with the Current affair question of January. Which will help you in SBI PO mains.

Q1. 350th birth anniversary of Guru Gobind Singh named as Prakash Utsav or Prakash Parv has been celebrated across the country on 05th January 2017. Name the city, which is the birthplace of Guru Gobind Singh, the 10th Sikh Guru.

Answer: Patna, Bihar

Q2. Nine-member government panel formed to make recommendations for bringing out a comprehensive National Sports Development Code across all disciplines. This committee headed by................?

Answer: Injeti Srinivas

Q3. Mobile commerce and payments company Paytm has got the final permission to open a payments bank by Reserve Bank of India (RBI). Payments bank will initially be restricted to holding a maximum balance of how much amount per individual customer?

Answer: Rs 100,000 per individual customer

Q4. Name the Contactless Credit Card, which has been launched by PNB, recently?

Answer: PNB-Wave

Q5. Arthur Robert Morris has became 82nd player inducted into the ICC Cricket Hall of Fame, recently. Arthur Robert Morris was a/an_____________ cricketer who played 46 Test matches between 1946 and 1955.

Answer: Australian

Q6. Who has been appointed as the Chairman of Tata Power after the resignation of Cyrus Mistry?

Answer: S Padmanabhan

Q7. IBM has appointed _____________ as Managing Director of IBM India Pvt Ltd, succeeding Vanitha Narayanan who has been appointed as chairman of the Indian subsidiary.

Answer: Karan Bajwa

Q8. Renowned _______________ Abdul Halim Jaffer Khan died due to cardiac arrest.

Answer: Om Puri

Q9. Vice President Hamid Ansari has released a book titled 'The People's President: Dr APJ Abdul Kalam'. Who is the author of this book (The People's President: Dr APJ Abdul Kalam')?

Answer: SM Khan

Q10. Who has been appointed as the Britain’s new ambassador to the European Union (EU) recently?

Answer: Sir Tim Barrow

Q11. 09-day New Delhi World Book Fair begins in Pragati Maidan. The theme for this year's event is __________ which will focus on writings on and by women.

Answer: Manushi

Q12. India’s per capita income, a gauge for measuring living standard, is estimated to cross Rs 1 lakh in 2016-17, up from Rs 93,293 in the previous fiscal (2016-16). Which organisation has released the India’s per capita income?

Answer: Central Statistics Office (CSO)

Q13. The Budget session of Parliament convened to start from January 31 2017, a day before the Union Budget is likely to be presented. Who is present Union Finance Minister of India?

Answer: Arun Jaitley

Q14. Name the country, which is setting up the world's highest altitude gravitational wave telescopes in a Tibet prefecture close to Line of Actual Control with India with a budget of $18.8 million to detect faintest echoes resonating from the universe which may reveal more about the Big Bang theory.

Answer: China

Q15. Droom has tied up with ____________ India’s third-largest private sector bank, to provide quick sanction of loans on both new as well as used cars.

Answer: Axis Bank

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IBPS SO-VI INTERVIEW CALL LETTER OUT

Dear Aspirants,

IBPS has released the Interview call letter for the post of CWE-SPL-VI- recruitment of Specialist Officers (SO).

Important Dates:
Commencement of Call letter Download: 20 - 02 - 2017
Closure of Call letter Download: 11 - 03 - 2017

Click here to download Your Interview Call letter for CWE – SPL – VI

Click here to take reprint of application for CWE – SPL – VI

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TODAY'S CURRENT AFFAIRS: 20th FEBRUARY, 2017

Dear Aspirants,

Current affairs are the most important part for the banking exams. You can score more in less time if you have good knowledge of the same. You can be perfect in it by reading daily and note them down in a notebook and revise them daily also read any newspapers on daily basis. Also you can use apps of the newspapers to get instant updates. 

Here I'm providing you Today's news summary that will help you in exams.

1. World Day of Social Justice - February 20th

Theme : Preventing conflict and sustaining peace through decent work

NATIONAL:

2.Nepal offered ₹ 2,280-crore loans by India for infrastructure development :

India has committed soft loans amounting to $340 million (around ₹ 2,280 crore) to Nepal for infrastructure projects. 

Country : Nepal

Capital: Kathmandu

Currency: Nepalese rupee

Prime minister: Pushpa Kamal Dahal

President: Bidhya Devi Bhandari

3.Arunachal Pradesh, Mizoram celebrates Statehood Day today :

State : Mizoram

Capital : Aizawl

CM : Lal Thanhawla

Governor : Lt General (Retd) Nirbhay Sharma

State : Arunachal Pradesh

Capital : Itanagar

CM : Takam Pario

Governor : Padmanabha Acharya

4.Extra rake for transporting onions from Nashik to be operated by Central Railways :

Central Railway will operate another freight train, in addition to existing three, from Nashik in Maharashtra for transportation of onions to other parts of country.

5.Delhi-bound Kalindi Express collides with freight train at Tundla.

6.Tamil Nadu CM announces various offers after winning the trust vote :

Tamil Nadu Chief Minister Edappadi K Palaniswamy has announced that 500 of the state run liquor shops would be wound up with immediate effect. 

He has signed orders for distribution of mopeds for 1 lakh women with 50 percent subsidy with the ceiling of 20,000 rupees per beneficiary this year. He also said under the Dr Muthulakshmi Reddy Maternity Benefit Scheme, expectant mothers would be doled out 18000 rupees each as against 12000 rupees now for the first two live births.

State : Tamil Nadu

Capital : Chennai

CM : K Palaniswamy

Governor : C. Vidyasagar Rao (additional charge)

7.Madhya Pradesh today celebrates Khajuraho Dance Festival :

State : Madhya Pradesh

Capital : Bhopal

CM : Shivraj Singh Chouhan

Governor : Om Prakash Kohli (Additional charge)

8.Land for 9 thematic cities alloted by Andhra govt :

Andhra Pradesh government has allocated lands for the construction of nine thematic cities in the new capital Amaravathi.

The government has announced allocation of 11,574 acres of land for the construction of Tourism thematic city in Amaravathi, 8,547 acres for Knowledge city, 6,582 for Electronic city, 6,511 for Health city, 5,168 for Finance city, 5,107 for Media city, 4,150 for Sports city, 3,438 for Judiciary and 2,702 for the construction of Administrative city.

State : Andhra Pradesh

Capital : Amaravathi

CM : N. Chandrababu Naidu

Governor : E. S. L. Narasimhan

INTERNATIONAL

9.Mohammed Alsheikh of Palestinian breaks contortion world record :

Thirteen-year-old Mohammed Alsheikh from Palestine broke the world record for the 'Most full body revolutions maintaining a chest stand in one minute'. 

BANKING NEWS:

10. RBI has increased weekly withdrawal limit of Savings account to ₹ 50,000 :

Organisation : Reserve Bank of India (RBI)

Headquarters : Mumbai, Maharashtra

Governor : Urjit Patel

BUSINESS AND ECONOMY NEWS:

11. Purchase of jewellery for more than ₹ 2 lakh by cash will be charged 1% Tax :

SCIENCE AND TECHNOLOGY:

12.Dragon spacecraft of SpaceX successfully launched ISS :

Elon Musk-led space exploration startup SpaceX on Sunday successfully launched its Dragon spacecraft which will deliver nearly 2,500 kg of cargo to International Space Station (ISS) for NASA. Dragon spacecraft is also carrying strains of the 

APPOINTMENTS:

13.Shurhozelie Liezietsu becomes the new CM of Nagaland :

State : Nagaland

Capital : Kohima

CM : Liezietsu

Governor : Padmanabha Acharya

SPORTS NEWS:

14.Tymal Mills becomes the highest bided bowler in IPL history for ₹ 12 cr :

England's Tymal Mills became the most expensive bowler in IPL history after the Royal Challengers Bangalore bought the 24-year-old for ₹ 12 crore during this year's auction on Monday. 

IPL 2017 Auction : Ben Stokes the highest bided player of the edition for ₹ 14.5cr :

England all-rounder Ben Stokes became the most expensive overseas player in the IPL history after the Rising Pune Supergiants bought the player for ₹ 14.5 crore 

15. Announces made by Afridi on his retirement from international cricket :

16. Rotterdam tennis title won by Tsonga :

Frenchman Jo-Wilfried Tsonga has claimed the Rotterdam tennis title.

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SBI PO: SYLLOGISM BASED ON NEW PATTERN PDF

Dear Aspirants,

In recent banking exams like IDBI PO, IBPS PO etc. the questions asked on SYLLOGISM topic were from different pattern.

Here I'm providing you the questions based on that pattern. You can download the PDF from below link.

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UNION BUDGET MCQs QUIZ FOR SBI PO: PART 2

Dear Aspirants,

We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I am providing you Second quiz. keep learning

1.As per the Union Budget 2017-18, the holding period for the long term capital gains has been reduced from 3 years to how many years?
A.9 Months
B.1 Year
C.2 Years
D.7 Months

2.As proposed in the Budget 2017, high speed Broadband connectivity on optical fiber will be made available in nearly ________ gram panchayats by the end of 2017-18?
A.100000
B.110000
C.120000
D.150000

3.The government has proposed to launch a new and restructured Central scheme for export named ________________________ in 2017-18.
A.Trade and Export Promotion Scheme (TEPS)
B.Trade Infrastructure for Export Scheme (TIES)
C.Export Infrastructure Innovation Scheme (EIIS)
D.Export Oriented Unit Scheme (EOUS)

4.As per the Union Budget 2017-18, the capital gains tax has been exempted for persons holding the land which was pooled for creation of the state capital ________.
A.Telangana
B.Uttarakhand
C.Jharkhand
D.Chhattisgarh

5.How much amount has been allocated for Ministry of Science and Technology in the Union Budget 2017-18?
A.Rs. 37,435 crore
B.Rs. 32,567 crore
C.Rs. 29,367 crore
D.Rs. 12,763 crore

6. How much amount has been allocated to the Department of Economic Affairs in the Budget 2017?
A.Rs. 25,00 crore
B.Rs. 19,50 crore
C.Rs. 35,00 crore
D.Rs. 3,000 crore

7.How many Health sub centers has been decided to be transformed into health wellness centres as per the Union Budget 2017-18?
A.2.0 lakh
B.1.5 lakh
C.3.2 lakh
D.1.2 lakh

8.Which initiative has been proposed in the Union Budget 2017-18 by the government to provide tele-medicine, education and skills through digital technology?
A.SANKALP
B.STRIVE
C.DigiGaon
D.SWAYAM

9.As per the data in Union Budget 2017-18, more than _________ percent of FDI inflows are through automated route.
A.85 Percent
B.90 Percent
C.72 Percent
D.88 Percent

10. How many Special Tourism Zones have been proposed by the government to be established in 2017-19?
A.Three
B.Five
C.Seven
D.Nine

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UNION BUDGET MCQs QUIZ FOR SBI PO: PART 1

Dear Aspirants, 

We all know that UNION BUDGET for year 2017-18 has been presented by our finance minister shree Arun Jaitley on 1st feb. And this is the most important part/topic for upcoming exams in current affairs section. I have already provided you the official pdf documents of budget, now I'm starting a new section on this topic. I will provide you daily 10 MCQs on budget in quiz form. It will really help you to learn faster. Today I'm providing you first quiz.

1. What is the total allocation made under the transportation sector as a whole  including rail, roads, shipping in the Union Budget 2017?
A.Rs. 2,75,115 crores
B.Rs. 3,92,391 crores
C.Rs. 1,99,274 crores
D.Rs. 2,41,387 crores

2. The total capital and development expenditure in the railway sector has been pegged at Rs. _______in the Budget Estimates for 2017-18?
A.Rs. 2,88,521 crores
B.Rs. 1,75,200 crores
C.Rs. 1,31,000 crores
D.Rs. 2,20,000 crores

3.According to the Union Budget 2017-18, transaction above how much will not be 
permitted in cash?
A.Rs. 3 Lakhs
B.Rs. 4 Lakhs
C.Rs. 5 Lakhs
D.Rs. 6 Lakhs

4.Which national agency will be phased out in the next fiscal, as per the Budget 2017?
A.NITI Aayog
B.Foreign Investment Promotion Board
C.Securities Exchange Board of India
D.Confederation of Indian Industry

5.As per the Union Budget 2017-18, the allocation for PM's Employment Generation 
and Credit Support schemes has been increased by how many times?
A.2 Times
B.3 Times
C.4 Times
D.5 Times

6.Which facility was announced for senior citizens in Budget 2017-2018?
A.Aadhaar-enabled smart cards
B.BHIM app
C.Shakti Kendras
D.None of the above

7.The Union Finance Minister Arun Jaitley has given the Agenda for 2017-18 Buget as 
TEC India. Expand TEC India.
A.Target, Economic and Cultural India
B.Transparency, Energy and Clear India
C.Transform, Energise and Clean India
D.True, Economical and Clean India

8.How much amount has been allocated for the welfare of Scheduled Castes in the 
Union Budget 2017-18?
A.Rs. 52,393 crores
B.Rs. 62,395 crores
C.Rs. 71,500 crores
D.Rs. 49,125 crores

9.How much amount has been proposed in the Union Budget 2017-18 for the welfare 
of Scheduled Tribes?
A.Rs. 45,922 crores
B.Rs. 31,920 crores
C.Rs. 23,250 crores
D.Rs. 29, 175 crores

10.As per the Union Budget 2017-18, which schemes would be launched by the 
government to promote usage of BHIM App?
A.Referal Bonus Scheme and Cashback Scheme
B.Digital Litracy Scheme & Digital Lottery scheme
C.Free Recharge Scheme & Supersaver Scheme
D.Luckydraw Scheme & Random Selection Scheme

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IMPORTANT BUDGET TERMINOLOGIES FOR SBI PO

Dear Aspirants,

As you know that in general awareness section more then 30% questions comes from Banking and finance and the Remaining 70% comes from static gk and current affairs. So here I'm providing you some Terminologies Related to Budget, banking and finance that will be beneficial in SBI PO and other upcoming banking exams.

Revenue Budget: It consists of the revenue receipts of the government (which is tax revenues plus other revenues) and the expenditure met from these revenues. It has two components: Revenue Receipt and Revenue Expenditure.

Capital Budget: It consists of capital receipts and payments. It also incorporates transactions in the Public Account. It has two components: Capital Receipt and Capital Expenditure.

Capital Expenditure: It consists of payments for acquisition of assets like land, buildings, machinery, equipment, as also investments in shares etc, and Loans and advances granted by the Central government to state and union territory governments, government companies, corporations and other parties.

Capital Receipt: The main items of capital receipts are loans raised by the government from public which are called market loans, borrowings by the government from the Reserve Bank of India and other parties through sale of Treasury Bills, loans received from foreign governments and bodies and recoveries of loans granted by the Central government to state and union territory governments and other parties. It also includes proceeds from disinvestment of government equity in public enterprises.

Expenditure Budget: It contains expenditure estimates made for a scheme or programme under both revenue and capital heads. These estimates are brought together and shown on a net basis at one place by major heads.

Finance Bill: This contains the government’s proposals for levy of new taxes, modification of the existing tax structure or continuance of the existing tax structure beyond the period approved by Parliament. It is submitted to Parliament along with the Budget for its approval.

Fiscal Deficit: It is the difference between the revenue receipts plus certain non-debt capital receipts and the total expenditure including loans (net of repayments). This indicates the total borrowing requirements of the government from all sources.

Monetised Deficit: It indicates the level of support extended by the Reserve Bank of India to the government’s borrowing programme.

Non-Plan Expenditure: It includes both revenue and capital expenditure on interest payments, the entire defence expenditure (both revenue and capital expenditure), subsidies, postal deficit, police, pensions, economic services, loans to public enterprises and loans as well as grants to state governments, union territory governments and foreign governments.

Plan Expenditure: It includes both revenue and capital expenditure of the government on the Central Plan, Central assistance to state and union territory plans. It forms a sizeable proportion of the total expenditure of the Central government.

Primary Deficit: It is the difference between fiscal deficit and interest payments.

Public Account: It is an account in which money received through transactions not relating to the Consolidated Fund is kept. Besides the normal receipts and expenditure of the government relating to the Consolidated Fund, certain other transactions enter government accounts in respect of which the government acts more as a banker, for example, transactions relating to provident funds, small savings collections, other deposits etc. Such money is kept in the Public Account and the connected disbursements are also made from it. Public Account funds do not belong to the government and have to be paid back some time or the other to the persons and authorities who deposited them. Parliamentary authorisation for payments from the Public Account is not required.

Revenue Deficit: It refers to the excess of revenue expenditure over revenue receipts. Revenue Expenditure: It is meant for the normal running of government departments and various services, interest charges on debt incurred by the government and subsidies. Broadly speaking, expenditure which does not result in creation of assets is treated as revenue expenditure. All grants given to state governments and other parties are also treated as revenue expenditure even though some of the grants may be for creation of assets.

Revenue Receipt: It includes proceeds of taxes and other duties levied by the Centre, interest and dividend on investments made by the government, fees and other receipts for services rendered by the government.

Appropriation Bill: It is presented to Parliament for its approval, so that the government can withdraw from the Consolidated Fund the amounts required for meeting the expenditure charged on the Consolidated Fund. No amount can be withdrawn from the Consolidated Fund till the Appropriation Bill is voted is enacted.

Balance of Payment: The statement that shows the transaction of the country’s trade and finance in terms of net outstanding receivable or payable from any other country with a certain period of time.

Bill: A legislative proposal draft is discussed and passed by both the houses of Parliament and then has to get an approval from the President and then finally it is a declared Act.

Contingency Fund: If and when in emergencies the Government at such times helps with funds which is not authorized by the Parliament because of urgent needs that may arise.

Consumer price index: It is a price index that features the rates of consumer goods.

Capital budget: When a list of capital expenditure is planned and prepared annually it is termed Capital budget.

Custom Duty: It is the tax that is put on imports and tariffs.

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