Tuesday, April 30, 2013

DAILY GK UPDATE 30TH APRIL

1.   Birth anniversary of Dadasaheb Phalke today
i. The 143rd birth anniversary celebration of the father of Indian Cinema, Dhundiraj Govind Phalke, popularly known as Dadasaheb Phalke will mark the end of the six day long Centenary Film Festival which was held in Siri Fort Anniversary, New Delhi from 25th April.
ii. A Play on the life and times of Dadasaheb Phalke by Aamir Raza Hussain will stage on 30th April.
iii. Dhundiraj Govind Phalke was born on 30th April 1870. Phalke was a visionary gifted enough to foresee the awesome potential of the film medium almost a century ago.
iv. Starting with his debut film, Raja Harishchandra in 1913, now known as India's first full-length feature, he made 95 movies and 26 short films in his career spanning 19 years, till 1937, including his most noted works: Mohini Bhasmasur (1913), Satyavan Savitri (1914), Lanka Dahan (1917), Shri Krishna Janma (1918) and Kaliya Mardan (1919).
v. The Dadasaheb Phalke Award, for lifetime contribution to cinema, was instituted in his honor by the Government of India in 1969.
vi. The award one of the most prestigious awards in Indian cinema and is the highest official recognition for film personalities in the country.
vii. Dadasaheb Phalke was expired on 16th February 1944.
viii. For the year, the prestigious award will be given to Pran Krishan Sikand, popularly known as, Pran.

2.    Indian economy to grow at 6.1 per cent FY’14: World Bank
i. World Bank on Tuesday scaled down India’s growth forecast to 6.1 per cent for the current fiscal from 7 per cent projected six months ago.
ii. The decline in the growth forecast is largely due to the decline in agriculture sector which is expected to grow at 2 per cent during 2013-14 against the previous estimate of 2.7 per cent despite normal monsoon projection.
iii. As per the latest India Development Update of the World Bank, Indian economy would grow by 6.1 per cent in 2013-14 on account of robust domestic demand, strong savings and investment rate.
iv. According to the Update, a twice yearly report on the Indian economy and its prospects, GDP growth during 2012-13 would be around 5 per cent, lowest in the decade.
v. Last week, Prime Minister’s Economic Advisory panel had pegged the growth rate for the current fiscal at 6.4 per cent.
vi. The current Update also focused on India’s march towards universal health coverage and its fiscal implications.

3.    Netherlands gets its first King in more than 100 years
i. King Willem-Alexander became the first Dutch male monarch in more than a century as his mother, Queen Beatrix, abdicated to end a 33-year reign.
ii. With her abdication, she becomes Princess Beatrix and her son ascends the throne as King Willem-Alexander. He is the first Dutch king since Willem III died in 1890.

4.    Gulzar appointed chancellor of Assam University
i. Eminent poet, lyricist and director Sampooran Singh Kalra, popularly known by his pen name Gulzar, has taken over as the new chancellor of Assam University, Silchar.
ii. Gulzar (79) replaced Prof M S Swaminathan, an Indian geneticist and chairman of MS Swaminathan Research Foundation, after his five-year tenure ended last week.
iii. Assam Universityvice chancellor Somnath Dasgupta on Monday said President Pranab Mukherje has been pleased to appoint Gulzar for the top job of the central varsity for a term of 5 years on April 25.
iv. Established in 1994, the Assam University campus is situated in Dargakona, about 20 km from Silchar.

5.    Haryana Govt. raises cooking cost under Mid Day Meal Scheme
i. The Haryana government on 29 April 2013 raised the cooking cost given under Mid Day Meal Scheme to all primary and upper primary schools in Haryana by 7.5 per cent.
ii. Now the cooking gas cost would now be 3.34 rupees per dayper student in all primary schools and 5rupees per day per student in all upper primary schools
iii. If we compare it with earlier cooking cost it was 3.11 per day per student in all primary schools and 4.65 Rupees per day per student in all upper primary schools.

Note: i. It is important here to note that over 20.88 lakh students were being covered under the Scheme in the state which includes over 13.72 lakh of primary schools, over 7.08 lakh of upper primary schools and 7453 students under National Child Labour Project.
ii. Also, a sum of 352 crore rupees has been allotted for Mid Day Meal Scheme for the currentfinancial year 2013-14. 
iii. Cooking cost basically include cost of items like fuel, vegetables and ghee being used for cooking Mid Day Meal.

6.    Goa Government launched Krishi Card for Farmers
i. Goa Government on 29 April 2013 launched a digital Krishi Card which is supposed to help farmers in making use of benefits such as subsidies and loans given by the State Government.
ii. The Digiltal Krishi card was officially launched by Chief Minister Manohar Parrikar which is based on the database created by the State Agriculture Department at Porvorim.
iii. The introduction of the digitally coded card is a landmark and is going to spare farmers from the need of repeatedly producing documents to gain subsidies.

Note:  i. It is important here to note that around 10000-15000 farmers with clear land holdings would benefit from the card during the first phase, followed by landless agriculturists.
ii. The next major initiative of the Government of Goa will be introduction of similar cards for fishermen and dairy farmers; the cards have been conceptualized by the State-run Goa Electronic Ltd.

Benefits of the Digital Krishi Card
i. A loan of up to 30000 rupees per annum for farmers owning a minimum of one hectare would be made available through various financial institutions to be empanelled by the Government.
ii. The card would also make farmers eligible for loans depending on their land holding.
iii. Earlier framers had to go through the confusion of submitting documents such as affidavits every time they applied for agro subsidies.With the launch of Digital Krishi Card they will have to quote the Unique Identity Number to get access to the subsidy.
iv. The card would not be a legal document if the farmer or tenant wants to stake his claim over the land.

7.    Andhra Pradesh and Karnataka emerged Volleyball Champions
i. Andhra Pradesh and Karnataka emerged volleyball champions at the 18th National Games for the Deaf at the Sree Kanteerava Stadium, Bangalore on 28 April 2013.
ii. Andhra Pradesh defeated Tamil Nadu 25-22, 25-19, 25-19 in the men’s final
iii. While in women’s category Karnataka defeated Andhra Pradesh 25-10, 19-25, 15-7 to win the title.
iv. The 18th National Games for the deaf took place after a 17-year gap. It was participated by 21 Indian states.

8.    MI’s 4-run victory over Kings XI Punjab 
i. Captain Rohit Sharma's scintillating batting made all the difference in the end as Mumbai Indians beat Kings XI Punjab by a narrow four runs in a nail-biting Pepsi IPL clash in Mumbai on Monday. 
ii. Opting to bat, Sharma led from the front with a blistering unbeaten 79 off just 39 balls as Mumbai posted a challenging 174 for three before Punjab were bowled out for 170 in the match that went down the wire.
iii. David Miller (56 off 34 balls) and later Praveen Kumar (24 off 15 balls) kept Punjab in the hunt till the end before the latter was out in the last ball of the innings in the match which kept the full-house crowd at the Wankhede Stadium on the edge of their seats throughout.
iv. For Mumbai, Harbhajan was the pick of the bowlers as he grabbed three wickets for 14 runs while Mitchell Johnson, Dhawal Kulkarni and Pragyan Ojha took two wickets each.
v. With their third straight victory and second at home, Mumbai remained firmly in the hunt for a berth in knock-out phase as they jumped to fourth place with 12 points from nine matches. Punjab are now on sixth spot with eight points from nine matches.

Monday, April 29, 2013

IBPS Clerk II: Vacancies changed in Some States

IBPS has updated the details of vacancies IBPS Clerk 2. Number of vacancies has changed (increased/decreased) in some of the states.

Please click here to see the revised state by state list of vacancies.

31000 Fresh Openings in Public Sector in Coming Year

Looking for a job? Worried about the cautious and muted hiring sentiment in the private sector? Do not fret, for there’s a new and unexpected job avenue ready to explode.

More than 31,000 new openings are up for grabs in sectors including banks, railways, insurance, public works departments, Delhi Metro Rail Corp (DMRC) and companies such as Oil and Natural Gas Corp (ONGC) and Bharat Sanchar Nigam Ltd (BSNL). A surge in business volumes and rise in the number of retirements are making public sector units (PSUs) the new job destinations.
While applications are invited for helpers, clerks, doctors, accountants, officers and sundry technicians at different PSUs, public sector banks (PSBs) are also planning to hire aggressively for the next two years to replace 150,000 employees due to retire in 2015. This would highest ever recruitment drive by the industry in over a decade.
“All banks have firmed up mega expansion plans, which would require additional manpower at all levels,” said M Narendra, chairman, Indian Overseas Bank. “For the next two-three years, the banking sector would hire over 63,000 employees each year.”
According a 2010 report by the government-constituted Khandelwal committee on human resource policies in PSBs, over 22,000 employees will retire in 2012-13. This number is expected to go up to 30,000 in 2014-15. “For all government organisations, finding the right talent is a problem as outgoing employees are those who handled the work for last 30 years or so,” said Rituparna Chakraborty, vicepresident, Indian Staffing Federation.
When the government began its reforms drive more than two decades ago, PSUs were considered over-staffed. But things changed when companies began lowering headcount by putting a freeze on new hiring and left posts of retiring officials unfilled ."While other sectors like railways and police force were acutely understaffed, the banking sector witnessed the abolition of the Banking Service Recruitment Board itself in 2002 and individual banks were given a free hand on hiring," said a banker requesting anonymity. The Railway Recruitment Board (RRB) is expected to offer 140,000 jobs in 2013.
These openings are expected to help those who are battling frequent salary freezes and layoffs in the private sector. For example, the IT-BPO industry association Nasscom has said that additional personnel requirement in the IT sector may come down by nearly 50,000 in the current fiscal year. “Job seekers will prefer job security in these uncertain times,” said Aditya Narayan Mishra, president at staffing firm Randstad India. “It’s a great timing as the other sectors aren't hiring in the volumes that they used to hire.”

Source: Hindustan Times, 29-Apr-2013

DAILY GK UPDATE 28-29TH APRIL

1.    International Dance Day celebrations today
i. International Dance Day is being celebrated across the world today.
ii. It was introduced in 1982 by the International Dance Committee (CID) of the International Theatre Institute (ITI), a UNESCO partner NGO.
iii. The day was introduced in 1982 and is celebrated on 29thApril every year.
iv. The date commemorates the birthday of Jean-Georges Noverre (1727-1810), creator of modern ballet and author of the famous Lettres sur la danse, published in 1760 in Lyon.s
v. The aim of the “International Dance Day Message” is to revel in the universality of this art form that crosses all political, cultural and ethnic barriers.

2.    Major Anup Joseph awarded Kirti Chakra
i. Major Anup Joseph Manjali was on Saturday awarded the second-highest peacetime gallantry award Kirti Chakra by President Pranab Mukherjee in New Delhi for killing three foreign militants in Jammu and Kashmir.
ii. 12 defence personnel were awarded the Shaurya Charkra for their acts of bravery including Captain A Rahul Ramesh and Naik Krishna Kumar who were given the honour posthumously.
iii. Manjali, who was deployed in Jammu and Kashmir with the 24 Rashtriya Rifles battalion, had established a close cordon around five foreign terrorists while leading a counter- terrorist operation there on October 1 last year.

3.    Anil Goswami  to be New Union Home Secretary
i. Union Ministry of Home Affairs on 26 April 2013 appointed Anil Goswami, a Jammu and Kashmir cadre IAS officer as Union Home Secretary.
ii. Government on 26 April 20134 appointed him as the officer on special duty in the ministry with immediate effect till 30 June 2013.
iii. He will take charge from incumbent R.K Singh. 
iv. His appointment to the office was made by Appointments Committee of Cabinet (ACC) headed by Prime Minister Manmohan Singh. His tenure is fixed for a period of two years, till June 2015. 

About Anil Goswami 
i. Anil Goswami (58) is an IAS officer of 1978 batch, Jammu and Kashmir cadre
ii. He is the first bureaucrat from Jammu and Kashmir to be appointed as Home Secretary 
iii. At present, he is the Secretary in Ministry of Social Justice and Empowerment was cleared by the Appointments Committee.
iv. He was the first chief executive of the Vaishno Devi Shrine Board after it was taken over by the government in the early 1990s

4.    Maharashtra Government was directed to release Water into the Jayakwadi Dam
i. Maharashtra government was directed by the Bombay High Court on 24 April 2013 to release water into the Jayakwadi dam from the reservoirs upstream. 
ii. The dam is built to address the irrigation and drinking water woes of Marathwada.
iii. The court gave the direction on a writ petition filed by the Marathwada Janata Vikas Parishad in 2012.
iv. In the petition, the citizens of Jalna and Aurangabad districts had demanded the immediate release of 27. 5 thousand million cubic feet (tmcft) into the Jayakwadi dam to fulfill the agriculture, drinking and industrial needs of Jalna and Aurangabad townships and more than 400 villages in the districts.
v. However, the quantum of water and the number of days the water will take to reach the Jayakwadi dam remain unclear.

5.    Kerala to host country's first meet on travel technology 
i. India's first international event on travel technologies will be held in Kerala with the objective of helping tourism industry to leverage the massive marketing potential of the internet and social media.
ii. The International Conference on Travel Technology (ICTT) India from 7th -9th June at Kovalam, will bring together subject experts from India and abroad, tour operators, hotel and resort owners, tourism marketing professionals, academicians, researchers and think tanks to discuss evolving technologies and the opportunities they present for the tourism industry
iii. ICTT India is being organised by the Association of Travel Trade Organizations, India (ATTOI) - a not-for-profit body working to promote responsible travel and sustainable tourism - a with the support of Kerala's Department of Tourism.

6.    Indian Railways Reduced the Advanced Booking Period of the Tickets to 60 Days
i. The Indian Railways reduced the advanced booking period of the tickets from four months duration to two months, with effect from 1 May 2013.
ii. This has been done to prevent the enormous amount of cancellations after the booking process. 
iii. The Railway notification issued on 25 April 2013 declared that the advance reservation period (ARP) in order to book the reserved train tickets was being reduced from 120 days to 60 days from 1 May 2013.
iv. It was also declared that the bookings which were done up to 30 April 2013 under already-existing ARP of 120 days will not be changed. 
v. Railway officials believed that this action would help the genuine travellers and reduced touts that booked bulk tickets in advance. 

7.    Nadal beats Almagro for eighth Barcelona Open title
i. Rafael Nadal extended his record number of Barcelona titles to eight as he brushed off a slow start to beat Spanish compatriot Nicolas Almagro 6-4, 6-3 on Sunday.
ii. Last weekend's Monte Carlo runner-up regained his accustomed position on an ATP winner's podium with his fourth title of 2013 and his third on clay for the year.
iii. The win was the second of the season for Nadal over Almagro after beating his countryman in the Acapulco semifinal.
iv. Nadal will now prepare for another home event, the Madrid Masters, beginning next weekend.

8.    Sharapova beat Li Na to win Stuttgart title
i. Maria Sharapova won a tussle of the top seeds and the last two French Open champions against Li Na, 6-4, 6-3, on Sunday for back-to-back titles at the Porsche Grand Prix.
ii. Sharapova got her ninth victory in the 14th meeting with world number five Li in 1 hour 32 minutes when Li double-faulted on first match point.
iii. Sharapova picked up a winner’s cheque of 100,000 euros and a flashy blue convertible sports car from the tournament sponsor for her second title of the year.
iv. Li, who won the previous meeting with Sharapova in the Australian Open semifinals, earned 55,000 euros.

9.    German duo Sabine and Mona won WTA Porsche Grand Prix 
i. German duo Sabine Lisicki and Mona Barthel won the women’s doubles title at the WTA Porsche Grand Prix in Stuttgart on 28 April 2013.
ii. The Germans defeated the in-form pair of Bethanie Mattek-Sands and Sania Mirza 6-4, 7-5 in one and a half hours to claim their first title as a team.
iii. Mirza and Mattek-Sands have already won 2 titles in 2013 but couldn’t repeat the winning performance against the Germans who were playing in front of the home crowd.

Sunday, April 28, 2013

SBI PO 2013: Analysis and Expected Cut-Offs

Finally, SBI PO 2013 Exam is over and candidates have taken some rest, but most of the candidates have already started worrying about the cut-offs for the exam.

Well, let us give you some clarity on this. This years paper was relatively easy as compared to SBI PO 2011 Exam (SBI PO exam was conducted on 24-July-2011).

  • If we compare section-by-section, Maths was easy and DI sets were not as difficult as last time. In fact, the calculation required in some DI sets was minimal, and could be done verbally. Obviously, it was a time consuming section but scoring also.
  • Reasoning was also on relatively easier side.  This time the puzzle set was average difficulty, while it was difficult last time.
  • GK section was of moderate difficulty. Computer questions were relatively easy.
  • English was difficult this time. Options were looking too close and at times confusing

Given below are the cut-off in each section in SBI PO 2011 Exam


Min Qualifying Marks in each section

SC/ST
OBC
GEN
English
10
10
13
GK/Marketing/Computer
7
7
11
Maths -DI
10
10
13
Reasoning
10
10
13




Min Qualifying Marks in Objective test
70
74
86
Descriptive
18
18
20




Final Cutoff (Objective + Descriptive)
88
99
110


Now, on the basis of our analysis, we feel the this time and number of aspirants have increased and simultaneously, the difficulty level of the paper was reduced. We feel the expected cut-offs for SBI Paper should be as follows (+-10%) -


Expected Cut-off for SBI PO 2013

Min Qualifying Marks in each section

SC/ST
OBC
GEN
English
10
10
13
GK/Marketing/Computer
12
12
15
Maths -DI
14
14
17
Reasoning
13
13
16




Min Qualifying Marks in Objective test
80
84
96
Descriptive
18
18
20




Final Cutoff (Objective + Descriptive)
100
111
124



This is just an estimate and cut-off may change depending on the marks scored by candidates in the exam. We wish you all the best!