August Current Affairs Part III

1) Some Facts about Low cast carrier AirAsia ..

• headquartered in Kuala Lumpur
• It has been named as the world's best low-cost airline
• Chief Advisor of the Board: Ratan Tata 
• Chairman of Board: S.Ramadorai
• foreign direct investment of up to 49%
• The airline would be operated as a joint venture between Tata Sons and AirAsia, with AirAsia holding 49% of the airline. Lakshmi Mittal's son in law Amit Bhatia will take up 21% and Tata Sons will take up a stake of 30% in the airline.

2) Who took over as Central Provident fund commissioner of Provident Fund organizations?
Ans: Krishan Kumar Jalan

3) Six Forts of Which states has been included in world heritage site of UNESCO in Phenom Phah Combodia?
Ans: Rajastan and Name of Forts are: (can be remember like ; Chi Ku Run ; Jai Ga Na)

1. Chhitorgarh
2. Kumbhgarah
3. Ranthambore
4. Jaisalmare
5. Aamir
6. Gagron

4) Who won WalterScott Prize 2013?
Ans: Tan Twan Eng

5) To Safeguard the interest of shareholders SEBI has mandated the companies to buyback atleast what percentage of shares?
Ans: 50%

6) Recently TechMahindra merged satyam computer fully,thus becoming  Inida's ____ largest IT company?
Ans: Sixth

7) Who won the most popular personality award as per Forbe's list 2013?
Ans: Oprah Winfrey

8) Who has been appointed as Director General of National Disaster Response Force in June 2013?
Ans: Krishna Chaudhary

9) Who was sworn as Australia new PM?
Ans: Kevin Rudd

10) Which Inidan city will going to host 29 Annual General Meeting of World Economic Forum in Nov 2013?
Ans: Kochi

11) SDR(Special Drwaing Rights) ,The currency of IMF is exist in which Form?
Ans: Book Keeping Entry Only.

12 )India earn highest forex amount from export of which commodity?
Ans Cotton

13) Headline Inflation is calculated on the basis of?
Ans: WPI

14) Which NBFC recently got license for establishing White Label ATM?
Ans: Muthoot Finance & Tata Communications

15) India's first all women police station has been opened in which state?
Ans:  Arunachal Pradesh

For August Current Affairs Part I ; Part II

Essay:Corruption-A Necessary Social Evil

The omnipresence of corruption, spreading its poison in almost every single country in the world consistently disturbs the delicate yet complex fiber – socio-economic –politico of the society. As expected, developing countries suffer more from corruption than developed countries displaying the degree of vulnerability of its sections ranging from government, its policy issues to infrastructure and developmental issues.

Foremost among them is the close nexus between the administration and the bureaucracy whose self-aggrandizement and covetousness slows down the various development and welfare measures. Moreover, over centralization makes it difficult to access the basic services and amenities which state is obliged to give its citizens.

At the same time, to break the backbone of the nexus government proactively moving towards the e-governance to enhance the requisite accountability and transparency of the system to its citizens. Additionally, by enacting various people centric laws like RTI, Right to time bound of delivery, DBT etc government is sending strong signals to various echelons that it is public interest, which should take precedence over all other matters including personal.

Thus, one can say that along with progressive decentralization equal importance should be given in making behavior among public officials to make them people friendly. Moreover, corruption has its own motivations, and one has to thoroughly study that phenomenon and eliminate the foundations that allow corruption to exist. Most importantly, it is the duty of every citizen to effectively and efficiently utilize the weapons given by the government to completely weed out the corruption from the social, economic and political sphere of the society.

Strategy for NICL Administrative Officer:Reasoning,English Language,General Awareness,Numerical ability,Computer Literacy and Previous Year Paper

All the prerequisite for the NICL exam are given here(CLICK ME). However there are some points that a candidate must keep in their mind

• Apart from objective test candidate will have to clear the subjective test also(which only going to be check if one is able to clear the cutoff).
•  There will be negative marks for wrong answer in objective test;1/4th of the allotted marks will be deducted for each wrong answer.
• In Specialist stream, an additional test to assess technical& professional knowledge in the relevant discipline. 

So How is the NICL Exam is going to be???????

Sl. No	Name of Test	Type of Test	Maximum  Marks
1	Test of Reasoning	Objective	25
2	Test of English Language	Objective	25
3	Test of General Awareness	Objective	25
4	Test of Numerical Ability &Computer Literacy	Objective	25
5	Test in English language comprising of:  Essay, Precis & Comprehension	Descriptive	50
	TOTAL (Aggregate)		150

Reasoning: 

More or less it is going to be of like the pattern followed in SSC  Tier(1) resoning which is  mainly consist of :

1. Analogy (both word based and numerical).
2. Odd pair (both word based and numerical).
3. Box containing some number, you’ve to find missing number.
4. Ranking, missing characters etc.
5. Typical coding decoding (PEAR written as GFDN then REAP is written as..).
6. Sitting arrangement (line, table and circular).
7. Blood relations (mom-dad-father in law).
8. Direction based (Mohan moves three kms north…how far he is from home).
9. Assumption, interference, conclusion etc.
10. Clock, calendar.
11. Age related problems (Mom is 22 older than..).
12. Cubes-dices: predicting color, numbers in other faces. 

English Language  

Since  Comprehension is going to be part of the Descriptive paper ,so one can expect more or less grammatical type of questions possibly consisting of:

1. Antonym/Synonym
2. Idioms
3. Spelling Correction
4. Fill In Blanks
5. Sentence Correction
6. Sentence Improvement
7. Sentence Arrangement/Jumble up sentences

General Awareness 

Being a insurance domain paper one can expect good number of questions relating to insurance sector while embracing oneself in past three to four months developments in various domains.

like:

1. Which authority act as Regulatory for Indian Insurance sector??
2. Which government scheme is act as source of contention between SEBI and IRDA?
3. Currently how much FDI is allowed in Insurance sector?
4.  Various measures adopted by RBI to curb Rupee volatility?

One can go through the August Current Affairs Part I ; Part II. and Part III

Test of Numerical Ability &Computer Literacy

For Computer Awareness one can rely on the basic questions asked in the various competitive exams like IBPS and SBI PO ,In my view they are more than sufficient for the exam point of view (will going to update same in separate thread )

1. Database  Management
2. Hardware
3. Internet/Networking
4. Ms-Office
5. OS/Software Basics etc

  English language comprising of: Essay, Precis & Comprehension

As the name suggest aspirant will get one passage along with a Precis ,for essay one can emphasized upon  current social issues like on Women safety ,Gender Discrimination,Global warming,corruption etc

As this is the first time that NICL going to conduct exam for the the four public sector Insurance companies so its really difficult to predict the exact pattern of the exam,but based on the previous years papers and some stray knowledge collected from various sources available on the internet,I have tried to predict the pattern of the Exam,hopefully it will help the aspirants.

Previous year paper

For highlights and analysis of  Food Security Bill

ALL THE VERY BEST!!!

UPSC countermand the age old Mains process

Important news for all the IAS aspirants who have cleared the prelims and all set to write the mains.

UPSC has again throw bouncer towards the aspirants who are preparing for the Mains Exam that

• In Mains 2013, instead of separate Question Paper and answer book, a consolidated Question Paper-cum-Answerbook, having space below each part/sub part of a question shall be provided to them for writing the answers.
• Candidates shall be required to attempt answer to the part/sub-part of a question strictly within the pre-defined space.
• Any attempt outside the pre-defined space shall not be evaluated.

In nut shell exam takers have to be extra cautious while writing the mains exam as now they have to strictly follow the word limit.Moreover they are not able to ask extra supplement sheet for the same.

Institute of Banking Personnel Selection Common (IBPS)-RECRUITMENT IN CLERICAL CADRE

Institute of Banking Personnel Selection Common (IBPS) has notified the process for the post of clerical cadre for more than twenty participating organizations.
Recruitment Summary : Common Written Examination (CWE)  will be conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in November/ December 2013, Apply before 07/09/2013.
Job Location : All India
Job Details :

• Post Name : Clerical Cadre
• Pay Scale : Not Specified
• Education Qualification: Degree  (Graduation)  in  any  discipline  from  a  recognized University  or  any  equivalent  qualification recognized as such by the Central Government.  
• Computer  Literacy: Operating  and  working  knowledge  in  computer  systems  is  mandatory  i.e.
  candidates  should  have  Certificate/Diploma/Degree  in  computer  operations/Language/  should  have studied Computer / Information Technology as one of the subjects in the High School/College/Institute.
• Age Limit : 28 to 20 Years.

Examination Centers : The examination will be conducted online in venues across many centers in India.

State Code	State /UT	Centre
11	Andaman & Nicobar	Port Blair
12	Andhra Pradesh	Chirala ,Chittoor ,Gudlavaleru Gudur ,Guntur ,Hyderabad Kakinada ,Kanchikacharla Karimnagar ,Kurnool Mylavaram,Narasaropeta Nellore ,Rajahmundry Tirupati ,Vijaywada Vishakhapatnam ,Vizianagaram
13	Arunachal Pradesh	Itanagar
14	Assam	Dibrugarh ,Guwahati Jorhat ,Silchar
15	Bihar	Bhagalpur ,Darbhanga Muzaffarpur ,Patna Purnea
16	Chandigarh	Chandigarh
17	Chhattisgarh	Ambikapur ,Bhilai,Bilaspur Raigarh ,Raipur
18	Dadra & Nagar Haveli	Surat ,Jamnagar
19	Daman & Diu
20	Goa	Panaji
21	Gujarat	Ahmedabad ,Anand Bhavnagar ,Gandhinagar Jamnagar ,Kheda, Mehsana Rajkot, Surat Vadodara ,Vallab, Vidyanagar
22	Haryana	Ambala ,Faridabad,Gurgaon Hissar ,Kaithal,Karnal Kurukshetra ,Panchkula Panipat ,Rohtak ,Yamuna Nagar
23	Himachal Pradesh	Dharamsala ,Kangra Shimla ,Solan ,Una
24	Jammu & Kashmir	Baramulla ,Jammu,Srinagar
25	Jharkhand	Bokaro ,Deoghar ,Dhanbad, Jamshedpur ,Ranchi
26	Karnataka	Belgaum ,Bengaluru,Bidar Dharwad ,Gulbarga,Haveri Hubli ,Mandya,Mangalore Mysore ,Shimoga,Udipi
27	Kerala	Kannur ,Kochi ,Kollam Kottayam ,Kozhikode Malappuram ,Palakkad Pathanamathitha ,Thrichur Thiruvananthapuram
28	Lakshwadweep	Kavarrati
29	Madhya Pradesh	Bhopal,Gwalior ,Indore Jabalpur ,Satna ,Ujjain
30	Maharashtra	Akola ,Amravati ,Aurangabad Bhusawal ,Buldana ,Jalgaon Kolhapur ,Mumbai,Nagpur Nanded ,Nasik ,Pune Ratnagiri ,Satara,Solapur Wardha ,Warnanagar
31	Manipur	Imphal
32	Meghalaya	Ri-Bhoi Shillong
33	Mizoram	Aizawl
34	Nagaland	Kohima
35	New Delhi	New Delhi
36	Odisha	Angul ,Balasore ,Bargarh Berhampur(Ganjam) ,Bhubaneshwar Cuttack ,Dhenkanal ,Jeypore Keonjhar ,Rourkela ,Sambalpur
37	Puducherry	Puducherry
38	Punjab	Amritsar ,Bhatinda ,Fategarh Sahib Jalandhar ,Ludhiana ,Moga Mohali ,Nawanshahr Patiala ,Phagwara,Ropar ,Sangrur
39	Rajasthan	Ajmer ,Alwar ,Bharatpur ,Bhilwara Bikaner ,Jaipur ,Jodhpur Kota ,Sawaimadhopur,Sikar Udaipur
40	Sikkim	Bardang ,Gangtok
41	Tamilnadu	Cuddalore ,Chennai ,Coimbatore Madurai ,Salem ,Thiruchirapalli Tirunelvelli ,Vellore, Villipuram , Virudhunagar
42	Tripura	Agartala
43	Uttar Pradesh	Agra ,Aligarh ,Allahabad ,Baghpat Banda ,Bareilly ,Bijnor Bulandshahr ,Faizabad ,Ghaziabad Gonda ,Gorakhpur ,Jhansi ,Kanpur Lucknow ,Mathura ,Meerut Moradabad ,Muzaffarnagar Noida ,Raebareli ,Sitapur Sultanpur ,Unnao ,Varanasi
44	Uttarakhand	Dehradun ,Haldwani ,Roorkee
45	West Bengal	Asansol ,Balurghat ,Berhampur (West Bengal) ,Burdwan ,Durgapur ,Hooghly ,Howrah ,Kalyani ,Kolkata ,Krishnanagar ,Malda ,Murshidabad ,Raiganj ,Suri Siliguri

Selection Procedure:

Application Fees/ Intimation Charges [Payable from 19.08.2013 to 07.09.2013 (Online payment) and 21.08.2013 to 12.09.2013 (Offline payment) both dates inclusive]

- Rs. 100/- for SC/ST/PWD/EXSM candidates.
- Rs. 600 /- for all others

Important Dates to Remember : 

• Online Registration : 19.08.2013- 07.09.2013
• Payment of Application Fees- Online : 19.08.2013- 07.09.2013
• Payment of Application Fees- Offline : 21.08.2013- 12.09.2013
• Download of Call Letter for Pre-Examination Training (PET) for SC/ST/ Minority Community/ EXSM/ PWD candidates : After 29.10.2013
• Download of Call letter for Examination : After 18.11.2013
• Online Examination (Tentative dates)- some/ all/ additional dates as the need arises : 30.11.2013/ 01.12.2013/ 07.12.2013/ 08.12.2013/ 14.12.2013/15.12.2013.4
• Allotment : April 2014

Important Links  :  
Details Advertisement Link : http://ibps.in/career_pdf/CWE_Clerks_III_Advt.pdf

August Current Affairs ParII

1)Which country has unveiled its new Bullet Train,designed to travel of speed up to 500km/hr?
Ans:Japan

2)The Reserve Bank said that in principal approval for setting up of new banks will now be valid from ____ its earlier duration of 1 year?
Ans: 18 Months

3)To Curb Gold Import Indian Governement Has hiked Gold Import duty from 2% to___?
Ans 8 %

4)Who has been reelected as chairman of Indian Banks Association?
Ans K R Kamath

5)After the exit of Aruna Roy,Union Government  has appointed to whom in 12 Member Panel chaired by Sonia Gandhi?
Ans Virginius Xaxa

6)Recently Cognizant has been placed at which place in Forbes list of world's fastest growing IT companies?
Ans 12th

7)As per India FDI inflow 2012-13 which foreign country is the largest source of FDI?
Ans Mauritius

8)As per recent data which country emerged as a top importer of Arms in world?
Ans India

9)Which Indian Badminton Player Won his maiden Single's title at Thailand open grand Prix Gold in  Bangkok in June 2013?
Ans K Srikant

10)Which GLobal credit Rating agency has upgraded India's outlook to "Stable" from "Negative" and   affirmed India rating as "BBB-"
Ans Fitch
August Current Affairs ParI

NICL AO Question Paper 2013 NICL Administrative Officer Exam Previous Year Papers

There is recruitment of Administrative Officer by NICL and other 3 leading Insurance companies of India. Total of 1434 vacancies are made available as per the latest NICL notification. Selection in every NICL Recruitment is done on Written Exam and Interview basis.

Vacancy, eligibility criteria details for NICL AO recruitment 2013

Vacancy: Total vacancy 1434. The vacancies in individual general insurance company are given below-

1. National Insurance Company Limited - 423
2. The New India Assurance Company Limited- 494
3. Oriental Insurance Company Limited- 223
4. United India Insurance Company Limited- 294

Age Limit: Between 21-30 years as on 31.07.2013.

Syllabus, Pattern of Exam, Selection Procedure for NICL AO job vacancies

There will be a written test which contain both objective and descriptive papers. The detailed syllabus and exam pattern are as follows-

Important Dates:

Publication of Advertisement in Emp. News- 14th July 2013

On line Registration starts from- 16th July 2013

Last Date for Online Registration- 3rd August 2013

Payment of Application fees- 17th July 2013 to 7th August 2013

Dates of Written Examination- 8th September 2013

Availibility of the call letter for examination- Within 7 days prior to the date of examination

For strategy and previous year paper (CLICK ME)