April Current Affairs 2010

·        The World Bank has agreed to give USD 1 billion loan to India for various developmental projects in urban areas. "World Bank has agreed in principle to give us USD 1 billion (Rs 5000 crore) for implementing various schemes under Jawaharlal Nehru National Urban Renewal Mission (JNNURM),".

·        India and Bangladesh decided to set up a joint Sundarbans Eco-System Forum to protect and preserve the world heritage site from the impact of climate change.

·        In a significant step in taking their bilateral relations to a new level, India and China have signed an agreement to establish a hotline between Prime Ministers of the two countries. 

·        President Barack Obama has appointed Chandigarh-born Srinija Srinivasan, 40, one of the three co-founders of Yahoo! Inc, as a member of the White House Commission on Presidential Scholars.

·        Government appointed former BSF Director General E N Rammohan to inquire into the circumstances leading to the ambush by Naxalites in Dantewada district of Chhattisgarh in which 75 CRPF men were killed.

·        With the wealth gap widening between the rich and poor following opening up of its economy, China is considering to levy social security tax in an effort to narrow the gap in income distribution.

·        Assam government launched an ambitious scheme aimed at uplifting the economic condition of elderly women living below poverty line. The two schemes -- 'Baideu' (elder sister) and 'Nabou' (sister-in-law) -- under the social welfare department were formally launched by Chief Minister Tarun Gogoi.

·        Targeting to provide electricity to about 3,000 villages in remote areas by using solar power, Orissa government said it would spend Rs 200 crore for the project.

·        Taking its anti-smoking drive forward, the government on Thursday banned foreign direct investment (FDI) in cigarette manufacturing in the country.

·        Analjit Singh, the founder and chairman of Max India, a diversified business group with interests in healthcare, IT services, and financial services, is India's highest individual taxpayer. He paid advance tax of Rs 99.7 crore (Rs 997 million). Asim Ghosh, the former CEO of Vodafone Essar, is the second-highest taxpayer in India in 2009-10. He paid an advance tax of Rs 75.4 crore (Rs 754 million) this year, as compared to Rs 7.2 crore (Rs 72 million) in 2008-09. Indrani Patnaik who paid advance tax of Rs 75 crore (Rs 750 million) is the nation's third highest taxpayer.

·        The Punjab Cricket Association (PCA) hosted first-ever carbon-neutral match between Kings XI Punjab and Mumbai Indians clashed in the Indian Premier League tournament.

·        Uttar Pradesh government has banned display of elephants and other wild animals at public places, including in rallies and religious gatherings, and violators would attract a maximum sentence of a three-year imprisonment and fine.

·        Iran's atomic chief said that Tehran has successfully tested a third generation of centrifuges capable of enriching uranium six times faster than those presently installed at its Natanz plant.

·        Arjun Bajpayee, who at 16 hopes to become the youngest climber in the world to scale the world's tallest summit, 8,848 metre high Mount Everest, has left for the region to start his ascent.

·        Making a breakthrough in the US, Reliance Industries said it will invest USD 1.7 billion in a joint venture with Atlas Energy Inc to produce gas from shale, sedimentary rocks, in Marcellus region.

Punjab and Sind Bank PO Exam Pattern 2010

Pattern for Punjab and Sindh Bank PO exam which is going to held on 16-05-2010.

v Written Test(Objective Test and Descriptive Paper):

1.      Objective Test:

Sr. No	Name of the Test	No. of Questions	Max.Marks
1.	Test of Reasoning	75	80
2.	Quantitative Aptitude	50	60
3.	General Awareness	50	60
4.	Computer Knowledge	50	50
5.	English Language	50	50

 Note: Total of 275 questions with a composite time of 160 minutes. For every wrong answer you will lose 0.25 marks. You have to pass in each of the objective test with a minimum score of 40% in each section.

How many questions should I attempt in each section?

The below table shows you an example of how many questions should be attempted in order to clear the objective test.

Sr. No	Name of the Test	No. of Questions	Time
1.	Test of Reasoning	55	50
2.	Quantitative Aptitude	35	30
3.	General Awareness	35	30
4.	Computer Knowledge	40	20
5.	English Language	35	30

 Note: If you follow the above table you must maintain 100% accuracy.

2.      Descriptive Test:

It consists of three questions with internal choices. Total of 50 marks are allocated. Total of 60min allocated for descriptive test.

Note: You have to score a minimum of 40% of marks allocated for the descriptive test. Both the tests [objective (All sections) + descriptive] are considered for merit ranking.

v Interview :

Depending upon the number of vacancies only a certain number of candidates from amongst those who qualify by ranking sufficiently high in merit on the basis of aggregate marks in the written test will be called for the interview. The candidate has to secure minimum passing marks in the interview to become eligible for final selection.

Final selection will be made on the basis of aggregate marks obtained by the candidates in the written test & Interview taken together and will be strictly according to the merit.

SBI Clerk Interview Experience II - 2010

1.      Why you choose bank rather that S/w as you are a B-tech student?

H:  I am interested in a bank that’s why I have chosen and moreover B-tech is just a graduation, to be strong in Computer Knowledge I have chosen it.

2.      What is the reason for Recession?

H:  Though there are many reasons for the recession, sub-prime crisis contributes the major.(Go for Interview Experience –I).

3.      What is Sub-prime crisis?

H:  Giving home loans to the people who don’t have good credit rating.

4.      Which sectors are affected due to recession in India?

H:  Almost all sectors are affected, mostly Real estate and IT sector.

5.      Was Indian Banking got affected due to recession?

H: Affected but it is negligible.

6.      Name some of the financial institutions in India?

H: SBI, NABARD, LIC.

7.      Who and what is important for bank?

H: Customers and Money.

8.      How you will be useful to the bank if you were selected?

H: I am a hard worker as i can complete the work accurately within the time and I have very good knowledge on computers and its applications.

9.      Do you think private banks are a threat to public banks?

H: No I don’t think so, Still India need more banking service to reach out different types of people. We have different types of banks in India, like Rural banks for Rural people , private banks for high net worth individuals and public sector banks for general public.

10. You are over qualified for clerical job? Why do u prefer clerk job? Why not Officer?

H: I have appeared for the Officers, but did not get through. So I decided to join as a clerk and then try for the officer post.

11. What is the meaning of Sbi logo? And what do you know about SBI?

H: Told whatever I known.

About SBI:

State Bank of India(SBI) is the largest bank in India.

The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921. The Government of India nationalized the Imperial Bank of India in 1955.

The State Bank Group having more than 17000 branches. SBI alone holds 12,448 branches. SBI has over 21,000 ATMs.

The bank has 141 overseas offices spread over 32 countries.

Symbol and Logo:

Symbol is the Key Hole, whose meaning is "Welcome to SBI".

Slogans are:

1) The Nation banks on us

2) Pure banking nothing else

3) The Banker to every Indian

4) With you all the way.

State Bank of India has the following six Associate Banks (ABs):

1.      State Bank of Bikaner and Jaipur (SBBJ)

2.      State Bank of Hyderabad (SBH)

3.      State Bank of Indore (SBIr)

4.      State Bank of Mysore (SBM)

5.      State Bank of Patiala (SBP)

6.      State Bank of Travancore (SBT)

The six ABs have a combined network of 4502 branches in India which are fully computerized and 2410 ATMs.

12. How can you find the fake currency note?

H: Don’t know.

Ways to detect a fake note

Optical Variable Ink: The colour of the numeral 1000 appears green when the banknote is held flat but would change to blue when the banknote is held at an angle. The font size is also reduced.

Latent Image: When the note is head horizontally, the vertical band on the right shows an image of the number 1000.

Security Thread: The note also has a three millimeter wide security thread with the inscriptions: one thousand, the word 'Bharat' in Hindi and RBI.

Micro lettering: The 'RBI' and the numeral, "1000" - which can be viewed with the help of a magnifying glass - are between the Mahatma Gandhi portrait and the vertical band.

Watermark: When the note is held against the light, the picture of Gandhi and an electrolyte mark showing the number 1000 appear in the white space.

Note: I Presented the Sbi Clerk Interview experience of Hari Jadhav who appeared on 29-03-10.