Friday, August 29, 2014

SBI Associate Bank Po Recruitment -2014

AGE AS ON 1.9.2014 21 TO 30


Pradhan Manthri Jan Dhan Yojana-- 75 million to have bank account by January 2015

Fifteen million Indians across the country opened bank accounts on Thursday as Prime Minister Narendra Modi rolled out his government’s ambitious Pradhan Mantri Jan Dhan Yojana with a promise to end “financial untouchability”.
The banking-for-all scheme aims to cover 75 million people by January, and if successful will provide banking access to a majority of India’s 1.2 billion people.
“Mahatma Gandhi worked towards removing social untouchability. If we want to get rid of poverty, we have to first get rid of financial untouchability. We have to connect every person with the financial system,” the PM said.
Going back to a personal anecdote, he recalled how a ‘Mr Vora’ from the state-owned Dena Bank had once visited his school, underlining the importance of saving money, and helped him open an account, even presenting him and his classmates with a piggybank each. “That piggybank did not get a rupee as I did not have (a wealthy) background,” he said. Later, as he wandered the Himalayas and travelled across the country, he came to know that the bank officials were looking for him to close that account. “They probably searched for me for 20 years,” he told the audience at Vigyan Bhawan.

“If 40% of Indians are not part of the economy, how can we be successful in eradicating poverty. “This is such a big right. The right to operate your bank account. This will provide security in life,” he said, adding, “Ab mere gareeb ke paas bhi debit card hoga... (now the poor will also have debit cards)... It will give them psychological strength.”
Under the programme, 75 million bank accounts — two per household— will be opened by January 26, 2015. These will come with an overdraft facility of `5,000, which will kick in six months after the account is opened. Account holders will get debit cards of RuPay — an Indian payment gateway like Visa and Mastercard — and accidental insurance cover of Rs. 1 lakh. An additional life insurance cover would be provided to those who open their accounts by the January date.
The PM said welfare payments would be transferred directly into the accounts, helping the “fight against corruption”. He also said that unlike some industrial houses that have a poor credit repayment record, the common man and the poor made timely repayments 99% of the time.
More than four out of 10 adults  in India still don’t have bank accounts. From a global perspective, there’s a lot of catching up to do. In India, for every 100,000 population, there are only about 11 bank branches and 10 ATM machines. In Brazil, its BRICS partner, the same population has 47 branches and 120 ATMs.
“Sixty-eight years after Independence, not even 68% of the population has bank accounts,” the PM said, adding that he had emailed 700,000 bank employees urging them to support the initiative.
The Jan Dhan scheme — named after an online competition on the portal ‘MyGov’, which received more than 6,000 suggestions — was launched simultaneously across the country by 20 chief ministers as well as union ministers such as Sushma Swaraj (Bhopal), Rajnath Singh (Lucknow) and Smriti Irani (Surat).
Finance minister Arun Jaitley said the scheme would be taken up on a “mission mode.”
Reserve Bank governor Raghuram Rajan, minister of state for finance Nirmala Sitharaman, principal secretary to the PM Nripendra Misra, cabinet secretary Ajit Seth and secretary (financial services) GS Sandhu were also present at the launch

Tuesday, August 26, 2014

India to tighten up banking risk management - Jaitley

Reuters) - Finance Minister Arun Jaitley said on Thursday that the government was working to tighten up risk management in the banking sector, responding to recent scandals that have raised doubts about lending practices at state banks.
Jaitley did not name any bank, but his comments followed the launch of an investigation into whether the head of state-controlled Syndicate Bank took bribes to roll over a loan to family-controlled Bhushan Steel.
"Some recent instances have been disturbing," Jaitley told a banking audience in New Delhi.
"I would only hope that they are a drop in the ocean and we have all learnt the lessons from such incidents, and there will be no repetition of them."
The investigation into Syndicate Bank has raised broader concerns about weak oversight, corruption and politically directed lending at India's dominant state banks, which are weighed down by bad loans.
In his maiden budget last month, Jaitley said state banks would need $40 billion in fresh capital by 2018 to meet international capital adequacy standards. Much of this cash is expected to be raised on financial markets.
The Central Bureau of Investigation has arrested the chairman of Syndicate Bank and is questioning the head of Bhushan Steel, which owes $6 billion and was this week put under tighter scrutiny by its creditors.

The companies and their heads all deny wrongdoing.

Monday, August 25, 2014

ancient india -- one

FOR SSC/IAS/railways


1.         In ancient India ‘Som Ras’ was first used by:
Ans.  Aryans    .

2.         What does the word ‘Veda’ means?
Ans. Knowledge         

3..        Name the famous poet who wrote Harsha Charita and adored the court of Harsha Vardhana …….
Ans. Bana Bhatt         

4.         Who built the famous Sun Temple at Konark in Orissa ?
            Ans.  Raja Narsing Dev.-I      

5.         Which of the following period is known as Golden period in ancient Indian history?
Ans.Gupta period         

6.         Which of the following gods are included in the ‘Trimurti ‘traditionally worshipped in India?
Ans. Brahma,   Vishnu and  Mahesh

7.         Pallavas were the rulers of which State?
Ans. Kanchi   

8..        Angkor Vat, a Vishnu Temple is in which country?
Ans.  Cambodia          

9.         Which hymn of Rigveda speaks of agriculture?
Ans. 57th hymn of book-IV of Rigveda
10        Who provides us with a clear account of early days of Chandragupta Maurya?
            Ans. . Diodorus           and Curtors
11.       In which inscription did Ashoka call himself as ‘Maharaja Kumar?
Ans. Pangoria inscription
12.       What was ‘Mleecha Bhoja’ in Chola period?
Ans.  Wheat

13. .           The Tamil name of Vishnu is
Ans. Tirumal

14. .           Which one of the following Tamil poets makes a mention of the Nandas and Mauryas?
Ans.  Mamulnar

15.             Which of the following Sangam age towns was famous for its pearls and muslin?
Ans. Arikamedu               

16  .           Who was the patron of the Sangam poet Kapilar?
Ans.  Pari

17.             ‘Tolkappiam’ of the second Sangam deals with
Ans.   Grammar

18.       Primitive man first learnt
Ans. to make fire         .

19.       What made possible the transition from the Paleolithic to the Neolithic age?
Ans.  growing grain

20.  What helped the Harappan Civilisation achieve  greater advancement than Sumer, Elam etc?  
Ans.  Town planning.


21.       List I                                                                List II
I.          Basarh                                                             A.  Single Lion
II.        Sankisa                                                                        B. Single Elephant
III.       Sanchi                                                              C.  Four Lions
IV.       Ram Purva II                                                   D. Single Bull

22.       List I                                                                List II
I.          Harappa                                                           A. Coffin Burial
II.        Lothal                                                              B. Doubel Burial                    
III.       Kalibangan                                                      C.  Brick Chamber/Cist
IV.       Surkotda                                                          D.  Pot Burial

23.       List I (Buddhist Council)                                             List II  (Places)
I.          First Council                                                    A. Satparni Cave
II.        Second Council                                               B. Vaishali 
III.       Third Council                                                  C.  Pataliputra 
IV.       Fourth Council                                                            D. Kundalayana

24.       List I                                                                List II
                                                 (in the matter of History of Tamil Nadu)
I.          Mandalam                                                        A. Kingdom
II.        Nadu                                                               B. Province
III.       Oors                                                                C. Towns
IV.       Sirur                                                                 D. Village

25.       List I                                                                List II
                                            (in the matter of History of Tamil Nadu)
I.          Alvars                                                              A. Nalayiram
II.        Nayanars                                                         B. Tirumurai
III.       Sekkilar                                                           C. Periya Puranam
IV.       Meykandar                                                       D. Siva Gnana Bodam
V.        Pugalendi                                                         E. Nalavenba

26.       List I    (Eras)                                                  List II(reckoned from)
I.          Vikram Era                                                      A. 58 B C.
II.        Saka Era                                                          B.  73 A.D. .
III.       Gupta Era                                                       C.  320 A.D.
IV.       Kali Era                                                           D. 2102 B C.
27.       List I                                                                List II
I.          Second Sangam                                               A. Silapadikaram 
II.        Third Sangam                                                  B. Tolkappiyam
III.       First Buddhist Council                                                C. Tripitika
IV.       Third Buddhist Council                                   D. Abhidhamma Pitak
28.       List I                                                                List II
I.          Visakhadatta                                                   A. Drama
II.        Varahamihira                                                   B. Astronomy
III.       Charaka                                                           C. Medicine
IV.       Brahmagupta                                                   D. Mathematics

29.       List I                                                                List II
I.          Varahamihira                                                   A. Brhat-Samhita 
II.        Visakhadatta                                                   B.Devi Chandraguptam
III.       Sudraka                                                           C. Mrichchakatikam
IV.       Bilhana                                                                        D.  Vikramankadevacharita

30.       List I                                                                List II
I.          Gupta                                                              A. Deogarh 
II.        Chandella                                                        B. Khajuraho
III.       Chalukya                                                         C. Badami
IV.       Pallava                                                             D. Panamalai
31.       List I                                                                List II
I.          Gandharva Vivaha                                          A. Marriage by capture
II.        Rakshasa Vivaha                                             B. The bridegroom has to pay the
                                                                                                   bride price
III.       Paisacha Vivaha                                              C. Marriage in the state of sleep,
                                                                                         intoxication  or carelessness
IV.       Asura Vivaha                                                   D. Marriage through mutual love

32.       List I                                                    List II
I.          Mohenjodaro                                       A. This place seem to have been an outpost
                                                                              for sea trade with contemporary
                                                                               West Asian societies.
II.        Kalibangan                                          B. In terms of its size and variety of objects
                                                                              discovered, it ranks as the premier
                                                                               city of Harappan civilization.
III.       Harappa                                               C. This settlement was located along the
                                                                              has yielded evidence for the existence of
                                                                              dried-up-bed of the river Ghaggar and     
                                                                               has yielded evidence for the existence of
                                                                               Pre-Harappan and Harappan habilitation.
IV.       Lothal                                                  D.  Excavations begun at this site in 1912
show  that people lived here for a very                                                                long time  and went on building and rebuilding  houses at the same location so that the height of the remains of the building and the debris is above 20 metres.

33.       List I (texts)                                         List II (Statements)
I.          Atharva Veda                                      A. Contains sacrificial formulae in prose and
II.        Rig Veda                                              B. mainly contains magical spells and charms
III.       Sam Veda                                            C. collection of verses from the Rig Veda
                                                                                    for public worship
IV.       Yajur  Veda                                         D. a collection of 1028 hymns, mostly prayers
                                                                                    to the Gods for use at sacrifices.

34.       Who assumed the title ‘ Dear to God’
Ans. Ashoka

35.       Saka Era in 78 AD was started by
Ans.  Kanishka

36.       Kanishka patronaged which religion
Ans. Mahayan form of Buddhism

37.       Name the bird King famous for his rescue attempt of Sita.
            Ans. Jatayu     

38.       On what basis The date of Harappan Civilisation (2300 – 1750 BC) has been fixed ?:
Ans.  Radio Carbon  dating
39.       Name the cereals  grown by the people of Harappan Civilisation ?:
Ans.  Wheat, Rice, Millet       
40.       Which of the following metals was not known to the Indus valley people?
Ans.  Iron
41.       At which of the following Harappan sites has a supposed dockyard been found?
Ans. Lothal
42.       Which of the following Vedas was compiled first?
Ans.  Rigveda 
43.       Which were the later Vedic Age  compilation ?
Ans. Samhitas,  Brahmanas,  Aranyakas                     
44.       Division of the Vedic Society into four classes is clearly mentioned in which ancient work?
Ans. Purusa- sukta of  Rigveda 
45.       Name the two popular Assemblies of the Vedic period ?
Ans.  Sabha and Samiti
46.       Vaishnavism, a later development of Bhagavatism, advocates the worship of which God?
Ans.  Vishnu and his incarnations      
47        Name the founder of Jainism ?:
Ans. Parsvanatha        
48.       What are the ‘Three Jewels’ (Tri-ratnas) of Jainism ?
Ans.  Right faith or intentions, right knowledge and right conduct.   
49.       In Jainism the aim of life is to attain Nirvana or Moksha  which way has been suggested?
Ans  one has to  follow three jewels and five vows    

50.       The name Buddha means:

Ans.  enlightened         

SBI EDUCATION LOAN,1,20,118&lang=0

 term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.
Eligible Courses
a. Studies in India:  
·       Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/universities approved by UGC/ AICTE/IMC/Govt. etc
·      Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM etc
·       Teacher training/ Nursing courses approved by Central government or the State Government
·      Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping
·       Vocational Training and Skill Development Study Courses will not be covered under the regular Education Loan Schemes. A separate scheme for ‘Loans for Vocational Education and Training’ has been launched which covers financing for such Vocational courses

b. Studies abroad:

·        Job oriented professional/ technical Graduation Degree courses/ Post Graduation Degree and Diploma courses like MCA, MBA, MS, etc offered by reputed universities
Expenses considered for loan
  • Fees payable to college/school/hostel
  • Examination/Library/Laboratory fees
  • Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers- essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course)  
  • Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course) 
  • Travel Expenses/Passage money for studies abroad
  • Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.

Amount of Loan
  • For studies in India, maximum Rs. 10 lacs
  • Studies abroad, maximum Rs. 30 lacs

Interest Rates           Click Here For Interest Rates

Processing Fees
  • No processing fee/ upfront charges
  • Deposit of Rs. 5000/- for education loan for studies abroad which will be adjusted in the margin money

Repayment will commence one year after completion of course or 6 months after securing a job, whichever is earlier.
Maximum Loan Limit
Repayment Period
Upto Rs. 4 Lacs
Upto 10 years
Above Rs. 4 Lacs and upto Rs. 7.5 Lacs
Upto 10 years
Above Rs. 7.5 Lacs
Upto 12 years

Upto Rs. 4 lacs loan amount
Only Parent/ Guardian as co-borrower
Above Rs. 4 lacs to Rs. 7.50 lacs loan amount
Parent/ Guardian as co-borrower and Collateral security in the form of suitable third party guarantee*.

*Third Party Guarantee can be replaced with Parent/Guardian as co-borrower provided the Gross Annual Income of Parent/Guardian (co-borrower) as given in latest Income Tax Return is 3 times of the loan amount. 
Above Rs. 7.50 lacs loan amount
Parent/ Guardian as co-borrower and tangible collateral security

In case of married person, co-obligator can be either spouse or the parent(s)/ parents-in-law

  • For loans up to Rs.4.0 lacs : No Margin
  • For loans above Rs.4.0 lacs:
    • Studies in India: 5%
    • Studies Abroad: 15%

  • Completed Education Loan Application Form.
  • Mark sheets of last qualifying examination
  • Proof of admission scholarship, studentship etc
  • Schedule of expenses for the specified course
  • 2 passport size photographs
  • PAN Card of the student and the Parent/ Guardian
  • Borrower's Bank account statement for the last six months
  • Income tax Returns/ IT assessment order, of last 2 yrs (If IT Payee)
  • Brief statement of assets and liabilities, of the Co-borrower
  • Proof of Income (i.e. Salary slips/ Form 16 etc. if applicable)


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