UPSSSC ADDA

10.05.2017

GENERAL AWARENESS

Pre-Independence Era Bank of Hindustan was setup at Calcutta in 1770. General bank of India was setup in 1786. First presidency bank, Bank of Calcutta was established in June 1806, later renamed as Bank of Bengal in the year of 1809. Second Presidency bank, Bank of Bombay was established in 1840. Third presidency bank, Bank of Madras was established in 1843. Allahabad Bank was established in 1865. It is one of India’s Oldest Joint Stock Bank. The Comptoire d’Escompte de Paris opened a branch in Calcutta in 1860. HSBC established itself in Bengal in 1869, the Oldest Joint Stock Bank of India. In 1895, Punjab National Bank was established in Lahore, the first bank purely managed by Indian. In 1911, Central Bank of India which was established, it was the first Indian commercial bank wholly owned and managed by Indians. In 27th January 1921, Imperial Bank of India was formed by merger of Bank of Bengal, Bank of Madras and Bank of Bombay. In 1926 Royal Commission on Indian Currency (Hilton Young Commission) recommends the establishment of a central bank to be called the ‘Reserve Bank of India’. The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. Pre-Nationalization Period (1947-1969) The Banking Regulation Act, 1949 gave extensive, regulatory powers to RBI to the commercial banks. The government of India nationalized the Imperial Bank (established in 1921) and transformed it to State Bank of India in 1955. State Bank group was formed by nationalizing eight regional banks in 1960 to extend the reach of these banks to many semi-urban and rural areas. Post Nationalization period (1969 to 1991) In July 1969, the Government nationalized 14 banks, namely, Allahabad Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, Indian Bank, Indian Overseas Bank, Punjab National Bank, Syndicate Bank, UCO Bank, Union Bank, United Bank of India Post-liberalization period (1991 till date). Narasimham committee 1 recommended reforms to revamp the banking system so as to make it competitive and efficient. Narasimham Committee – II dealt with issues in technology up gradation in the banking sector.

GENERAL AWARENESS

National Income National Income is the financial health of a nation and its citizens. It is measured in terms of Gross National Income (GNP), Net National Income (NNP), Gross Domestic Product (GDP), Net Domestic Product (NDP). Gross Domestic Product: Gross domestic product is the total value of goods and services produced in the country irrespective of it being produced by citizens or foreign-owned companies in a financial year. The gross domestic product includes income from taxes, wages, salaries, rents, interest, dividend, self-employed persons, partnerships, etc. GDP does not include income earned from abroad. Net Domestic Product: Net National Product = Gross Domestic Product – Depreciation Depreciation is the ‘wear and tear’ of goods in the process of their use. Gross National Income: Gross National Income = Gross Domestic Product + Income coming from abroad – Income going to abroad. Net Income from abroad means the difference between the value of exports and imports of goods and services. In this concept of GNP there are certain factors that have to be taken into consideration. The income earned through illegal activities is not included in GNP. GNP is frequently used as it expresses the actual condition of production and employment in a country during a specific period and also provides an idea of the performance of the economy. Net National Product Net National Product = Gross National Product – Depreciation Cost The value of produced goods and services may be calculated at either the ‘factor cost’ or the ‘market cost’. Factor cost is the ‘input cost’ the producer has to incur in the process of producing goods or service. Market cost is the cost at which goods reach the market after adding the indirect taxes to the factor cost of the product.

POITY

Lengthiest Written Constitution Drawn From Various Sources –from various other countries as well as from the Government of India Act of 1935. According to Dr. B R Ambedkar, the Constitution of India has been framed after ‘ransacking all the known Constitutions of the World ’. Blend of Rigidity and Flexibility Federal System with Unitary Bias A Secular State no official religion of the Indian State. Universal Adult Franchise i. a basis of elections to the Lok Sabha and the state legislative assemblies. ii. Every citizen above 18 years iii.The voting age was 21 years in 1989. It was reduced by the 61st Constitutional Amendment Act of 1988. Single Citizenship Indian Constitution is federal and envisages a dual polity (Centre and states), There is only the Indian citizenship. Independent Bodies Provides for the legislative, executive and judicial organs Establishes certain independent bodies. Emergency Provisions Why incorporated to safeguard the sovereignty, unity, integrity, and security of the country, the democratic political system, and the Constitution. Three-tier Government i. Dual polity and contained provisions with regard to the organization and powers of the Centre and the states. ii. 73rd and 74th Constitutional Amendment Acts (1992) -added a third-tier of government not found in any other Constitution of the world. Parliamentary Form of Government i. Presence of nominal and real executives; ii. Majority party rule, iii. Collective responsibility of the executive to the legislature, iv. Membership of the ministers in the legislature, v. Leadership of the prime minister or the chief minister, vi. Dissolution of the lower House Synthesis of Parliamentary Sovereignty and Judicial Supremacy Integrated and Independent Judiciary Fundamental Rights i. Part III ii. guarantees six fundamental rights to all the citizens Right to Equality (Articles 14–18), Right to Freedom (Articles 19–22), Right against Exploitation (Articles 23–24), Right to Freedom of Religion (Articles 25–28), Cultural and Educational Rights (Articles 29–30), and The Right to Constitutional Remedies (Article 32). Directive Principles of State Policy(DPSP) i ) Part IV of the Constitution ii. According to Dr. B R Ambedkar, the Directive Principles of State Policy is a ‘novel feature’ of the Indian Constitution. iii. Why needed for promoting the ideal of social and economic democracy iv. There are three broad categories Socialistic Gandhian liberal–intellectual. Fundamental Duties i. Added during the operation of internal emergency (1975–77) by the 42nd Constitutional Amendment Act of 1976 ii. added on the recommendation of the Swaran Singh Committee. iii. The 86th Constitutional Amendment Act of 2002 added 11th fundamental duty.

Current Affairs Questions

Q1. The government has recently issued an alert on the spread of new malware named __________, that can lock computers and demand ransom for unlocking them. (a) Bits Ransomeware (b) Locky Ransomware (c) Lockhead Ransomeware (d) Key Ransomeware (e) Teach Us Ransomeware Q2. Name the Hockey India coach who has been sacked from the national coach post after a string of unimpressive outings at the international level. (a) Mike Yeo (b) Jeff Jackson (c) Mike Schafer (d) Roelant Oltmans (e) Wayne Gretzky Q3. How many banks of the BRICS Bank Cooperation Mechanism have agreed to establish credit lines in the national currencies and cooperate on credit ratings? (a) 4 (b) 3 (c) 5 (d) 2 (e) 7 Q4. Name the minister who has been appointed as the Union Railway Minister after being inducted into the Union Cabinet. (a) Suresh Prabhu (b) Nirmala Sitharaman (c) Arun Jaitley (d) Ananth Kumar (e) Piyush Goyal Q5. After the Reshuffle in cabinet, who was given the Defence Ministry? (a) Nirmala Sitharaman (b) Manohar Parrikar (c) Jagat Prakash Nadda (d) Anant Geete (e) Raj Nath Singh Q6. Nepal has signed a _____________ UN assistance package for 2018-2022 to lay out the country’s development strategy for the next five years. (a) USD 700 million (b) USD 750 million (c) USD 635 million (d) USD 650 million (e) USD 760 million Q7. Name the Player who has become the first wicketkeeper in world cricket to effect 100 stumpings in One Day Internationals (ODIs). (a) Mushfiqur Rahim (b) Mahendra Singh Dhoni (c) Sarfraz Ahmed (d) Kamran akmal (e) Kumar Sangakkara Q8. The 9th BRICS Summit has started in Xiamen, China with the group of leaders of the five countries. What is the theme of the 9th BRICS Summit? (a) Partnership for Secure Future (b) Together Against Terrorism (c) Stronger Partnership for a better future (d) None of The Given Themes are True (e) Sustainable Development for Better Future Q9. In the recent Cabinet Reshuffle, four Ministers of State have been promoted to the Cabinet Minister. Who of the following is not among them? (a) Dharmendra Pradhan (b) Piyush Goyal (c) Nirmala Sitharaman (d) Manoj Sinha (e) Mukhtar Abbas Naqvi Q10. Which of the following Broadcasting Company has edged out Sony Pictures to secure the Indian Premier League's media rights with a bid of Rs 16,347.50 crore? (a) Sahara India (b) Star India (c) ESPN Sports (d) Sony Pictures (e) DD Sports Q11. Fincare Small Finance Bank has kick-started its banking operations with about 25 operational branches across four states. What was the previous name of Fincare SFB? (a) Disha Microfin Limited (b) AU Small Finance Bank (c) Motilal Oswal Financial (d) Edelweiss Financial (e) Pragati Small Finance Bank Q12. Name the Pulitzer-prize winning poet who has passed away at age of 90. (a) Tyehimba Jess (b) David Fahrenthold (c) C. J. Chivers (d) Peggy Noonan (e) John Ashbery Q13. Karnataka government has decided to merge the existing seven health schemes to launch a unified health scheme. What is the name of this Unified Scheme? (a) Nirogya Bhavah (b) Nirogya Scheme (c) Arogya Bhagya (d) Arogya Scheme (e) Unified Health Scheme Q14. Which among the following country from BRICS has decided to give $76.4 million for a BRICS economic and technology cooperation plan? (a) India (b) Brazil (c) South Africa (d) China (e) Russia Q15. Name the Bank that has bagged the ‘best bank’ award among small banks for the use of technology for financial inclusion at the 13th IDRBT Banking Technology Excellence Awards 2016-17. (a) Cooperation Bank (b) Karnataka Bank (c) DENA Bank (d) Karur Vysya Bank (e) Kotak Mahindra Bank Read more: http://www.bankersadda.com/2017/09/current-affairs-questions-for-ibps-rrb-2017.html#ixzz4uer05TJC

10.02.2017

UPPCL JR ENGINEER RECRUITMENT

UPPCL Recruitment 2017 – Apply Online for 226 Jr Engineer Posts: Uttar Pradesh Power Corporation Limited (UPPCL), Uttar Pradesh Power Transmission Corporation Ltd. (UPPTCL) has published a notification for the recruitment of 226 Junior Engineer Electrical (Trainee) vacancies. Eligible candidates may apply online from 08-10-2017 to 31-10-2017. Other details like age limit, educational qualification, selection process, application fee & how to apply are given below…

UPPCL Vacancy Details:
Total No. of Posts: 226
Name of the Post: Junior Engineer Electrical (Trainee)
1. Uttar Pradesh Power Corporation Limited (UPPCL): 71 Posts
2. Uttar Pradesh Power Transmission Corporation Ltd. (UPPTCL): 155 Posts

Age Limit: Candidates age limit should be between 18 – 40 years as on 01-07-2017. Age relaxation is applicable as per norms.

Educational Qualification: Candidates should possess Three years Diploma examination in Electrical Engineering, thorough knowledge of Hindi (Devnagri script).

Selection Process: Candidates will be selected based on Computer Based Test (CBT).

Application Fee: Candidates should pay Rs. 600/- for SC/ ST, Rs. 900/- for OBC, Rs. 10/- for PWD (Processing Fee only), Rs. 900/- for Candidates other than state of U.P through ATM cum Debit/ credit card/ Net banking or SBI bank Challan form payable at State Bank of India.

How to Apply: Eligible candidates may apply online through the website www.uppcl.org from 08-10-2017 to 31-10-2017.

Important Dates:
Starting Date to Apply Online & Payment of Fee: 08-10-2017.
Last Date to Apply Online & Payment of Fee: 31-10-2017.
Tentative Date for Written Exam: Third week November 20

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