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Jigyasa: Daily Current Affairs Quiz September 25,2015

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Dear Aspirants,

Here is the  Jigyasa: Daily Current Affairs Quiz September 25,2015 for you!

  1. Who among the following has been sworn-in as the Prime Minister of Greece on 21st September 2015?
  • Alexis Tsipras
  • Prokopis Pavlopoulos
  • Antonis Samaras
  • Lucas Papademos

Answer: 1

 

  1. Who among the following personalities has resigned from the Oscar Selection Jury headed by Amol Palekar in the month of September 2015?
  • Ram Vidhani
  • Supran Sen
  • Rahul Rawail
  • Sakshi Mehra

Answer: 3

 

  1. Keshari Nath Tripathi was given additional charge of Tripura Governor due to the absence of Tathagata Roy, the present governor. Keshari Nath Tripathi is the present governor of which of the following states ( before given the additional charge of Tripura governor)?
  • Bihar
  • Odisha
  • West Bengal
  • Manipur

Answer: 3

  1. Which among the following countries celebrated its Independence Day on 24th September 2015?
  • Republic of Guinea Bissau
  • People’s Republic of China
  • Republic of the Congo
  • Federated States of Micronesia

ANSWER: 1

  1. Which among the following has received the SKOCH award for smart governance in September 2015?
  • Life Insurance Corporation
  • Niti Ayog
  • Reserve Bank of India
  • Employee Provident Fund Organisation

ANSWER: 4

  1. Who among the following has been appointed as the new President of Automotive Research Association of India (ARAI) in September 2015?
  • Vikram Kirloskar
  • Anand Mahindra
  • Rajan Wadhera
  • CP Gurani

ANSWER: 3

  1. Name the former Indian Cricketer who has been appointed as the president of the Cricket Association of Bengal (CAB) on 24th September, 2015, following the death of Jagmohan Dalmiya in September 2015.
  • Rahul Dravid
  • Anil Kumble
  • Kapil Dev
  • Saurav Ganguly

ANSWER: 4

  1. Name the ISRO spacecraft which marked one year of life on the Red Planet on 24th September 2015.
  • Apple
  • Mars Orbiter
  • Bhaskara-1
  • Bhaskara-2

ANSWER: 2

  1. Name the disaster management mobile app launched by Assam government which is first of its kind in India.
  • Disaster Ready Assam
  • Disaster Warning App
  • E-Disaster Assam
  • E- Disaster Manage App

ANSWER: 1

  1. A fleet-footed Japanese centenarian raced into the Guinness World Records reference book in September, 2015. Name him from the given options.
  • Jacinto Bonilla
  • Yuichiro Miura
  • Hidekichi Miyazaki
  • Paul Tetrick

Answer: 3

Happy Reading!

All the best !

TEAM CL

Jigyasa: Daily Current Affairs Quiz- September 24-2015

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Dear Aspirants,

Here is the Jigyasa: Daily Current Affairs Quiz- September 24-2015 for you!

  1. With which of the following states the Telangana government on 22nd September, 2015 entered into a power purchase agreement (PPA) for purchasing 1000MW of power?
  • Jharkhand
  • Bihar
  • Kerala
  • Chhattisgarh

Answer: 4

  1. Telecom service provider Uninor on 23rd September, 2015 announced it has rebranded itself as …… in India.
  • Telenor
  • Inor
  • Indianor
  • Meinor

Answer: 1

  1. With which of the following countries India has signed an MoU on energy security and climate change in September, 2015?
  • UAE
  • USA
  • UK
  • Japan

Answer: 2

  1. Which of the following countries has signed a memorandum of understanding (MOU) with the World Anti-Doping Agency in tackling illegal import and export of raw materials for performance enhancing drugs?
  • China
  • Japan
  • India
  • None of the above

Answer: 1

  1. Which animal has been declared as the national animal of Nepal in September, 2015?
  • Rhino
  • Cow
  • Buffalo
  • Deer

Answer: 2

  1. Who among the following business tycoon is the India’s richest person according to the latest Forbes India Rich List?
    • Mukesh Ambani
    • Dilip Shanghvi
    • Azim Premji
    • Hinduja brothers

Answer: 1

 

  1. Saudi National Day was celebrated on which of the following days?
  • 21nd September
  • 22rd September
  • 23th September
  • 24th September

Answer: 3

  1. World Rhino Day was celebrated on…
    • 20st September
    • 21nd September
    • 22rd September
    • 23th September

Answer: 3

 

  1. Name the 13 year old Odisha student who has won the Community Impact Award at the Google Science Fair in the 13 to 15 years category for developing a water purifier working through waste corn cobs on 22nd September 2015.

 

  • Lalita Prasida Sripada Srisai
  • Geetika Sripada Prasida Srisai
  • Malini Prasida Sripada Srisai
  • None of the above

Answer: 1

  1. Who among the following has been appointed the chief of the National Commission for Protection of Child Rights (NCPCR) by Women and Child Development Ministry?
  • Zayn Khan
  • Stuti Narain Kacker
  • R Bharath Raj
  • None of the above

Answer: 2

 

Happy Reading!!

Team CL!

 

Jigyasa: Daily Current Affairs Quiz- September 23-2015

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Dear Aspirants,

Here are the answers of the yesterday’s quiz.

  1. (4)
  2. (2)
  3. (2)
  4. (3)

We are delighted to increase the number of questions in the quiz from existing 4 to 10!! in our endeavor to serve you better. Hope you would like it.

Here is Jigyasa: Daily Current Affairs Quiz- September 23-2015

Q1.Union Cabinet has cleared multi-billion dollar deal for the purchase of two types of helicopters with the Boeing Co. of the United States on 22 September 2015. Name the types of helicopters.

(a) Comanche and Arapaho

(b)Apache and Chinook

(c)Kellett and Sikorsky

(d)Piasecki and Vertol

 

Q2.Which among the following has announced the launch of a program in partnership with Udacity to offer Android Nanodegrees in India?

(a) Facebook

(b) Yahoo

(c)Google*

(d) None of the above

 

Q3.Who among the following has been conferred with prestigious 24th Vyaas Samman founded by K.K. Birla Foundation for 2014?

(a)Dr Kamal Kishore Goenka

(b)MakhanlalChaturvedi

(c)Nawal Kishore Dhawal

(d) Vijay Kumar Roy

 

Q4.Union Cabinet has cleared setting up of Indian Sign Language Research and Training Centre(ISLRTC) on 22 September, 2015. It will be initially set up at…

(a) Jaipur

(b) Agra

(c) Kolkata

(d) New Delhi

 

Q5.Who among the following is the present chairperson of the Food Safety and Standards Authority of India (FSSAI)?

(a)HemantShesh

(b)AshishBahuguna

(c) Anil Verma

(d)Ashok Chakradhar

Q6.Who among the following has become the first African-American to win the Best Actress Emmy Award -2015?

(a)Viola Davis

(b)Angela Bassett

(c)Dorothy Dandridge

(d)Pam Grier

 

Q7.Who among the following has been appointed as the new Managing Director (MD) of US cult bike maker Harley-Davidson of its India operations?

(a) A. M Naik

(b)ShantanuNarayen

(c)Vikram Pawah

(d)Anant Gupta

 

Q8.Name the two business tycoons, who have been presented with the Global Leadership Award by US India Business Council (USIBC) in September, 2015.

(a)IndraNooyi and ShobhanaBharatia

(b)MukeshAmbani and DilipShanghvi

(c)AzimPremji and Shiv Nadar

(d) Priya Paul and Swati Piramal

 

Q9.Which among the following new Office suite has released by Microsoft Corporation worldwide on 22 September 2015?

(a)Office 2015

(b)Office 2016

(c)Office 2017

(d)Office 2018

 

Q10.Which among the following IT companies has been awarded the contract worth Rs 1,380 crore for building goods and services tax network (GSTN)?

(a) HCL Technologies

(b)Accel Frontline

(c)Infosys

(d) ITC Infotech

Answer Key

  1. (b)
  2. (c)
  3. (a)
  4. (d)
  5. (b)
  6. (a)
  7. (c)
  8. (a)
  9. (b)
  10. (c)

Happy Reading!!

All The Best !

Team CL

 

 

Recent Amendments in Banking Hours: Saturday

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With so much of chaos on Saturday as a full day working, I tried to see the basic for all this “Is this a good news? As a banker, should I be Happy? As a customer, should I be disappointed?”

and then I tried recalling, when is the last time that I had visited any – the so called “mortar and brick bank”, consider it for any age group being away from the hub-hub activity, couldn’t recall any for the last few months !

Why do we need to go to a bank, except when you are dealing in cash, getting a Pay order/Draft made, some certificates signed and/or maybe someone to meet 😉

So what difference will it make by keeping them closed or opened for lesser/extended time.

Long ago, the early 2005/2006 new age Banks like Times Bank, Bank of Punjab and IndusInd Bank wanted to open their branches for extended hours, because they “wanted the customers to come to their branch and feel the change” in atmosphere like air-conditioned offices, good decor, ambiance, tea-coffee, pretty looking RM, etc.

That was their way to invite customers!

It’s been a decade to that of banking and it has evolved through many phases.

It is no more the same. Since banks work on productivity of each employee vis-a-vis the cost incurred.Every Bank while mapping the customer looks at the “transactional cost” it incurs on each of them. A transactional cost in simple terms is the “cost, time, money and energy required of an employee in interaction/dealing with one customer for his/her banking needs”

Hence fewer “human interaction” and pushing customer to “other modes of banking like ATM/Debit cards/Internet banking/Phone banking” etc is always “a cheap and easy cost option”

Now, RBI and all banks ( Private as well as Public Sector)  have  willingly accepted the change in Banking Hours and allowed every second and the fourth Saturday of every month as public holiday under Section 25 of the Negotiable Instruments Act, 1881 (26 of 1881) with effect from September 1, 2015 it’s clearly marking a “special path to our PM-Shri Modiji’s dream of less cash transaction and more non-cash transactions in the Economy which will help deter cash transaction – a deadly evil’s hand in ever growing parallel (black money) economy!

Jigyasa: Daily Current Affairs Quiz- September 22-2015

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Dear Future Bankers,

The answers of yesterday’s quiz are as follows

1.2

2.3

3.2

4.2

Here is the JIGYASA Quiz of September 22, 2015.

  1. One rupee note was reintroduced recently after a gap of…

1) 5 years

2) 10 years

3) 15 years

4) 20 years

 

  1. International Peace day is celebrated every year on …

1) 21st August

2) 21st September

3) 21st October

4) 21st November

  1. Alexis Tsipras stormed back to office as an outcome of recent election victory. We are talking about…

1) Portugal

2) Greece

3) Spain

4) Austria

 

4.Which of the following represents the growth rate predicted by ADB for Indian economy in 2015-2016 recently?

1)7.2%

2)7.3%

3)  7.4%

4) 7.5%

Note : The answers of today’s quiz will be displayed with tomorrow’s quiz, till then

Happy Reading !!

Kandarp Rai@CL

B-School Information: IIM-C

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Indian Institute of Management, Calcutta

Established in 1961, IIM-C has grown into an institution with a global reputation, imparting high quality management education. Its glory has such great heights that it swished past IIM-A in international rankings. IIM-C had been ranked 19th in the Financial Times (FT) Global Rankings for the year 2013, much above the London School of Economics and Manchester Business School. As per a statement issued by IIM-C on its website, its category-wise rankings are: 1st in Finance, 2nd in Economics, 1st in Career (based on career status and the moolah earned by the alumni 3 years after graduation).

Pic1IIM-C offers quite a few programs that are fancied by the lakhs of aspirants applying each year. One such program, the CEMS, that they offer has proved to be the flag-bearer in IIM-C’s race to becoming rank one worldwide. It is majorly because of this program that IIM-C’s stature went up through the roof so rapidly. Another fellow, the PGDBA, is a bambino produced just last year by IIM-C in association with other institutions of repute. Out of all the programs offered by IIM-C, some have been listed below:

(i) Post Graduate Diploma in Management (PGDM)
PGDM, IIM Calcutta’s flagship program, is a two year residential    program for graduates.

(ii) Post Graduate Programme for Executives (PGPEX)
One Year Residential Program for executives & mid-career professionals

(iii) Post Graduate Diploma in Business Analytics (PGDBA)
This is the neonate we mentioned above. The program is a two year full time diploma program aimed at creating business analytics professionals who have an inclination towards mathematics, have an analytical mindset and can apply analytical concepts for solving business problems.
The 2015-17 batch is the inaugural batch of the PGDBA program. The program is jointly hosted by the Indian Institute of Management – Calcutta, Indian Institute of Technology – Kharagpur and the Indian Statistical Institute – Kolkata.

IIM-C, being a member of the Global Alliance in Management Education (CEMS), also offers:

(iv) CEMS Masters in International Management degree

What is CEMS?
• CEMS, the Global Alliance in Management Education, formerly known as “The Community of European Management Schools”, is an elite club of 28 business schools of the world.

IIM-C’s association with CEMS
• IIM-C is in a global partnership with CEMS which makes it possible for an IIM-C student to earn a coveted management degree from one of the top B-schools of the world. This degree is the coveted Masters in Management degree, better known worldwide as the MIM degree, consistently ranked as one of the five best global management degrees.

About the MIM Programme
• This CEMS MIM program is a one-year program which can be pursued simultaneously with the 2 year flagship PGP program of IIM-C. The top 27 students of IIM-C are selected for the CEMS MIM program. These top 27 students get the MIM degree at the time of graduating from IIM-C.

• Qualifying students are required to spend one term i.e. Term V of IIM-C PGDM program in any of the CEMS member schools abroad before returning to IIM-C for the final term.

 

How to make it to IIM Calcutta?

For PGDM
There are 2 stages that a candidate goes through before getting selected for the IIM-C PGDM Program.

Pic2

For PGDBA
There are two steps for selection to the PGDBA program.

Pic3

Eligibility and Selection Criteria
IIM-C shortlists candidates on the basis of the CAT score, past academic performance, and other criteria mentioned below.

The minimum CAT percentiles required in order to be considered for an IIM-C call have been tabulated below:

Pic4Note: Scheduled Castes (SC), Scheduled Tribes (ST), Non-creamy Other Backward Castes (NC-OBC), Differently Abled (DA)

The interview calls made to the candidates are based on the composite score. The Composite Score reflects the components of the CAT score, Class X and Class XII aggregate percentages, and gender diversity factor.

Marks are allotted for the 10th and 12th percentages on the basis of the following

Pic5The composite score of a candidate is calculated on the basis of the table below. All the components have a particular weightage.

Pic6

A = Candidate’s total CAT 2015 score

B = Maximum CAT 2015 Score

C = Points awarded for Class X marks as per Table 2.

D = Points awarded for Class XII marks as per Table 2.

IIM-C awards 3 marks to female candidates to promote gender diversity on campus. Based on these component scores, interview calls are made.

Fees
A student aspiring to pursue PGDM from IIM-C has to dole out around 16.2 lakh bucks. This is the latest fee. The fees may change for the 2016-18 batch.

Diversity
The following data of the 2012-14 PGDM batch portrays the diversity of the batch.

Pic7Summer Placements
The summer placement for the batch of 2014-2016 was successfully completed in a record time of 2.5 days. Companies of different sectors hired candidates for a wide range of functions.

Pic8

Final Placements
The placement process is conducted in two stages. The first is the laterals process where the firms interview the students with work experience and offer them mid-level managerial positions. The second stage is the final placement process where the firms are grouped into cohorts based on the profile offered.

Almost 50% of the 2012-2014 batch had either a Pre Placement Offer (PPO) or a lateral placement offer before the placement season began. The table compares the last two batches.

Pic9

 

Understanding Savings Bank Account

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Dear Aspirant,

In this article we will learn and explore about the Savings Account , a very basic account offered by the Banks across the globe.

According to Investopedia: “A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.”

Savings account is a form of demand deposit, meaning, the money kept in the savings account can be demanded based on need. Savings account is generally opened by the salaried class employees who want to save the money for their future requirements.

Key points about the Savings Bank Account:

  • The most important feature of the Savings account is that it yields interest.
  • The account holder must maintain a minimum balance in the Savings bank account known as minimum balance condition.
  • In India, the money kept in savings account draws modest rate of interest. Earlier the rate of interest on the savings account was governed by Reserve Bank of India but now this rate of interest is decided by the concerned bank under the guidelines of Reserve Bank of India. At present, Savings account (generally) gives 4% rate of interest ( in majority of the banks). There are some banks like, Yes Bank, that offers 7% rate of interest and Kotak Mahindra Bank that offers 6% rate of interest.
  • Earlier this rate of interest was calculated on the minimum balance between the 10th of every month and the last date of the month (whichever it is). Now a days, the interest calculation is done on the Daily Product Basis, i.e. daily balance is counted and interest is paid accordingly.
  • As a rule Savings bank accounts do not offer Overdraft facility but facilitates occasional withdrawal to meet emergency needs.
  • The number of withdrawals is also restricted in a specified period of time.
  • An account holder is supposed to maintain a minimum balance in Savings account, more with cheque book facility and relatively less without chequebook facility.
  • Savings account is a very important tool in effective mobilization of funds.

Happy Reading !!

Kandarp Rai @ CL

 

B-School Information: SP Jain Institute of Management & Research

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SP Jain Institute of Management & Research

About the Institute
SP Jain Institute of Management & Research (SPJIMR) was established in 1981 in Mumbai. Inaugurated by the then British Prime Minister Hon’ble Margret Thatcher, SP Jain became one of the top ten B-schools of India by 1994-95. SPJIMR is located in the western suburbs of Andheri in Mumbai at a 45 acre sprawling campus.
SPJIMR is an autonomous management institute which offers several short term and long term programs. Some of the courses offered by the institution are:

Courses

How to make it to SP Jain?

Results Accepted
For PGDM – CAT / XAT / GMAT

For PGPM – CAT / XAT / GMAT

For PGCIM – CAT / XAT / GMAT / GRE
For PGDM Programme

Course1

 

For PGPM Programme

Course2

Intake
SP Jain receives around 15,000 applications every year out of which around 3000-5000 candidates are called for the next round of process.
There has been an increase in the total seats at SP Jain as depicted by the table below.

Table1(In the table above, 2012-13 means the interview year 2013, i.e. the batch of 2013-15)

Fees
The most recently revised fees of SP Jain has been tabulated below (as on May’15)

Table2

 

 

 

Inside SP Jain

Diversity
SP Jain gives a lot of importance to diversity in its batches. The following data of the 2013-15 PGDM batch portrays the diversity of the batch.

GenderSPJGraduation Background Diversity
SP Jain is home to students from diverse educational backgrounds having varied skill sets. The following graphics gives a picture of this diversity.
DiversitySPJ

Work Experience Based Diversity
A few years of work experience has proven to be a plus point for a candidate seeking admission in SP Jain.

Autumn Placements
SP Jain students undergo internships in autumn (after the 3rd semester) instead of summer internships at the end of the first year (i.e. after 2nd semester). This is due to the reason that only the basic courses are taught in the first year while a project requires some level of specialized knowledge. The number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) as an outcome of autumn internship has consistently been more than 50 % over the years.

Some statistics of the latest Autumn Placements for the year 2014 have been given below.

Autumn

Final Placements
SP Jain reaffirmed its position as one of the top B-schools of the country by showing exemplary performance in the placements of 2015. About 48% of its students were offered PPOs which depicts the good reputation that SP Jain enjoys in the industry. The following table gives the key statistics of the placements.

Final

Jigyasa: Daily Current Affairs Quiz- September 21-2015

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Daily Current Affairs Quiz
 

Dear Aspirants,

We are delighted to present to you the Daily Current Affairs Quiz- JIGYASA. The purpose is to keep you abreast with the daily important developments from examination  point of view through quizzes. Here is the first quiz of JIGYASA

 

JIGYASA

  1. Who among the following is the author the books titled; The World Is Full of Married Men, Hollywood Wives: The New Generation, The Santangelos?
  • Robin Williams
  • Jackie Collins
  • M. Coetzee
  • None of the above
  1. This country was in the news in September 2015, as it adopted the first democratic Constitution in its entire history. We are talking about…
  • Bhutan
  • Bangladesh
  • Nepal
  • Afghanistan
  1. ‘Houthi ’, rebels are very much in the news in 2015. They are associated with …
  • South Sudan
  • Yemen
  • Nigeria
  • Spain
  1. Sebestian Vettel won the Singapore Grand Prix in the third week of September 2015. He belongs to …
  • France
  • Germany
  • Spain
  • Italy

Note : The answers of the quiz will be available tomorrow, till then…

Happy Reading !!

Kandarp Rai @ CL

 

 

 

Sutras to crack SSC Mains Examination

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Sutras to crack SSC Mains
Sutras to crack SSC Mains

Dear Aspirants,

As you are through with the SSC’ Preliminary examination-2015 and must be anxiously waiting for the declaration of Preliminary examination held on 9th and 16th of August 2015 respectively, there are some common mistakes that many aspirants generally commit during this critical time period before the declaration of the pre result. Here are some SUTRAS that can help you immensely in ensuring your success in the ensuing SSC Mains examination.

  1. Please DONOT wait for Pre result to come out while starting the preparation for the mains examination.
  2. Start preparing for the mains examination quickly after you are through with the Pre examination (already 19 days have lapsed!!) as it is understood that you have really prepared hard for the Pre examination and you must be quite sure about succeeding the prelims.
  3. As you all know that in Mains ONLY English and Quant is tested, so the first thing that you must do is quickly go through the syllabus of these subjects as given in the notification, analyse very thoroughly as to what are your strong and what are your weak areas in both the subjects respectively.
  4. Be very clear as to what exactly is your weak areas of concern, do a microanalysis of these subjects, as soon as you arrive at the conclusion, please use all the resources to master the area by solving as many questions as possible available to you on that particular area / topic.
  5. In this process of mastering your weak areas , if you strongly feel the need to revisit the concept , please do that and use standard resources in doing that. Ensure that the so perceived ‘weak areas’ turns into ‘strong areas’. This is the real area of HARD WORK, so do your level best to convert ‘WEAK’ into ‘Strong’, areas. Take help of Faculty, Conceptual Books, Friends and Help from Internet, You tube and various other useful websites to master the areas of your concern.
  6. In order to strengthen your fundamentals, PRACTICE, as much as questions from standard sources , like Funda books , Class exercises, and other standard resources.
  1. Last but NOT the least, please start practicing quality mocks on daily basis once you are through with the building of Fundamentals and practicing questions as much as possible.

Kindly do take the mock(s) at the actual designated time of the actual Main examination so that you are acclimatised to the actual examination scenario and gradually you start performing at your best within that particular time period.

  1. Please solve mocks at your discretion, it can be 1 or 2 in a day depending upon your level of preparedness and willingness to do the mocks, but please ENSURE that you analyse the MOCKS You must see the solution of the mocks given at the answers and explanation section, see both the type of questions and their solutions , the ones you are able to solve easily and the ones which you could not solve , learn if there are any short cuts involved in solving the questions and internalise them .

In ensuring that you stick to achieve your goal , would like to quote Swami Vivekananda who said ‘Arise , Awake and Stop NOT till the goal is reached.’

At the end, we are very sure if you follow the above given advises thoroughly then, SUCCESS is bound to follow.

Your comments and suggestions are welcome!!

Wish You All The Very Best !!

TEAM CL

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