Latest Banking Apps1.Airtel Money –AXIS BANK+AIRTEL
2.Asha Home loan –AXIS BANK
3.BOUTIQUE FINANCING SCHEME –SBI
4.Branch on Wheel –ICICI Bank in Odisha
5.Chillar –Hdfc Bank
6.China’s first online Banking “webank” –Tancet Holdings
7.DDA Housing Scheme 2014 –HDFC Bank
8.Digital Banking “POCKET” –ICICI
9.Digital Village Project in Akodara Village of Gujarat –ICICI
10.eforex –SBI
11.E-KYC –SBI
12.EMI ON DEBIT CARD –ICICI BANK
13.E-Wallet –IRCTC
14.Facebook-based funds transfer platform “KayPay” –Kotak Mahindra Bank
15.First home grown INDEX “COMPOSITE INDEX” –SBI
16.I-Mobile app for windows phone –ICICI
17.India’s first” transparent credit card “in association with American Express –ICICI
18.ICICI Apathon App – ICICI Bank launches ‘ICICI Appathon’, a Mobile App Development Challenge
19.India’s first credit card exclusively for GOLF LOVERS –RBL Bank
20.Instant money transfer –BOI
21.Instant Money Transfer (IMT) –Bank of India
22.Kisan card –AXIS BANK
23.Maha Millionaire”, “Maha Lakhpati” –Bank of Maharashtra
24.M-Pesa –ICICI+Vodafone
25.M-Wallet –Canara Bank
26.State Bank Freedom App –State Bank of India
27.Student Travel Card –ICICI
28.TAB BANKING FACILITY –SBI
29.Tap and pay –ICICI
30.Twitter Handle account –SBI
31.Video conferencing –Indusuld & federal bank
32.Youth for India –SBI
33.First home grown INDEX “COMPOSITE INDEX” –SBI
34.IMobile app for windows phone –ICICI
35.India’s first” transparent credit card “in association with American Express –ICICI
36.India’s first credit card exclusively for GOLF –RBL Bank
37.Instant money transfer –BOI
38.Kotak Bharat’ mobile banking app -Kotak Mahindra Bank (KMB)
39.‘Saral Rural Housing Loan’ Scheme -ICICI Bank
40.Awareness initiative ‘Dhanchayat -HDFC Bank
41.UPI App That Turns Your Smartphone into a Bank for Easy Transfers –RBI
42.SBI launches ‘State Bank of India No Queue’ Mobile App –State Bank Of India
43.ICICI Bank launches ‘ICICI Appathon’, a Mobile App –ICICI Bank
44.Lakshmi Vilas Bank launches ‘LVB Mobile’ app –Laxmi Vilas Bank
NOT ABLE TO FINAL SUBMIT MY APPLICATION FORM OF GR.B
Any one who can provide me edutap phase 2 material only I can give them gkbuddy materials completely. ( no monetary exchange ) Just drop a message in personal inbox if interested
Under provisions of SARFAESI Act, the term non-performing asset means the account of a borrower which is classified by the bank as
____ as per ___:
A. sub-standard only, RBI directives
B. sub-standard or doubtful, bank discretion
C. sub-standard or doubtful or loss, RBI directives
D. sub-standard or doubtful or loss, bank rules
Which of the following statement is not correct regarding the Presiding Officer of DRT:
A. he should be qualified to be a Distt. judge
B. he is appointed for 3 years
C. he can hold office until he attains the age of 62 years
D. none of the above
Study Material For RBI Gr B On Finance Numericals https://drive.google.com/file/d/0B2dCQoakcMPMU2prOEtONkFaZ2M/view
Golden rules of accounting explained briefly.
https://www.youtube.com/watch?v=KjmbAZBpHDk&index=11&list=PLxscIcbjUaTWcYtOOQqTFf4O9FdYbOTUC&t=3s
i have completed sanjeev verma economy book...........do i need to refer to ramesh singh as well?
ob mock 3 mei kitne aye ?
Any good notes and numericals on derivatives please share
Any good notes and numericals on derivatives please share
number of DI asked in numerical part of phase 1 ?
Guys which test series is best for phase 1??
What is the impact of demonetization on the microfinance sector and financial inclusion of poor? Critically examine
Microfinance is a set of financial products including micro-savings, credit, remittances, pensions, insurance and other products which are primarily used by the poorest sections of the society who do not have access to formal financial institutions. Financial inclusion is the availability of banking services at low costs especially to the low-icnome groups. It includes access to credit, insurance, investment opportunities and other financial instruments.
The impact of demonetisation on micro finance and financial inclusion on the poor has its positives
1. More focus on opening accounts under PMJDY which would promote financial inclusion
2. Due to demonetisation and the push for a cashless economy, awareness has been created regarding use of technology like e-wallets, PAytm, USSD, AEPS, etc which would drive the people towards financial inclusion.
But demonetisation has badly effected this sector as
1. Repayment of loans to MFIs has dropped as it is unable to accept cash in older denominations from the poor people which has effected its ability to repay the banks. Banks would block the process of financial support to MFIs, which would lead to shutting down of many NBFC MFIs. This would also have an adverse impact on SMEs.
2. Without MFIs, the poor people would not have any means to the many financial instruments offered by MFIs which would affect the financial inclusion. Devoid of any other options, poor would have to go to the loan sharks who charge very high rates.
There is need for the RBI to come out with provisions that would allow the MFI sector to rebounce before it is too late so that millions of poor Indians remain connected to formal methods of banking.
Census 2011
What is the Census?Census is nothing but a process of collecting, compiling, analyzing, evaluating, publishing and disseminating statistical data regarding the population. It covers demographic, social and economic data and are provided as of a particular date.The 2011 Census is the 15th Census of India and the 7th Census of Independent India. The Census 2011 was started on 1st April 2010 with the then President Smt.Pratibha Patil being the first citizen to be accounted. The cost of the Census was estimated to be 22 Billion Rupees.The motto of Census 2011 : “Our Census, Our future”
The census of India is organised every 10 years, hence called decennial.
It is the primary source of information about the demographic characteristics of the population of India.
The 2011 census was the largest census conducted in the history of mankind.
The first Census in India took place in 1872 by Lord Mayo. But first regular census was initiated in 1881 by Lord Rippon.
This 2011 Census commenced on 1 May 2010 with a mandate to create a National Population Register including photographs and fingerprints of every resident of the country (not citizens but residents).
CENSUS 2011CENSUS 2011 – POINTS TO NOTEPopulationIndia’s total population stands at 1.21 billion, which is 17.7 per cent more than the last decade, and growth of females was higher than that of males.
There was an increase of 90.97 million males and increase of 90.99 million females. The growth rate of females was 18.3 per cent which is higher than males — 17.1 per cent.
India’s population grew by 17.7 per cent during 2001-11, against 21.5 per cent in the previous decade.
Among the major states, highest decadal growth in population has been recorded in Bihar (25.4 per cent) while 14 states and Union Territories have recorded population growth above 20 per cent.
Rural and urban populationAltogether, 833.5 million persons live in rural area as per Census 2011, which was more than two-third of the total population, while 377.1 million persons live in urban areas. Urban proportion has gone up from 17.3 per cent in 1951 to 31.2 per cent in 2011. Empowered Action Group (EAG) states have lower urban proportion (21.1 per cent) in comparison to non-EAG states (39.7 per cent).
Highest proportion of urban population is in NCT Delhi (97.5 per cent). Top five states in share of urban population are Goa (62.2 per cent), Mizoram (52.1 per cent), Tamil Nadu (48.4 per cent), Kerala (47.7 per cent) and Maharashtra (45.2 per cent).
LiteracyLiteracy rate in India in 2011 has increased by 8 per cent to 73 per cent in comparison to 64.8 per cent in 2001.
While male literacy rate stands at 80.9 per cent – which is 5.6 per cent more than the previous census, the female literacy rate stands at 64.6 per cent — an increase of 10.9 per cent than 2001.
The highest increase took place in Dadra and Nagar Haveli by 18.6 points (from 57.6 per cent to 76.2 per cent), Bihar by 14.8 points (from 47.0 per cent to 61.8 per cent), Tripura by 14.0 points (from 73.2 per cent to 87.2 per cent)
Improvement in female literacy is higher than males in all states and UTs, except Mizoram (where it is same in both males and females) during 2001-11.
The gap between literacy rate in urban and rural areas is steadily declining in every census. Gender gap in literacy rate is steadily declining in every census. In Census 2011, the gap stands at 16.3 points.
Top five states and UTs, where literacy rate is the highest, are Kerala (94 per cent), Lakshadweep (91.8 per cent), Mizoram (91.3 per cent), Goa (88.7 per cent) and Tripura (87.2).
The bottom five states and UTs are Bihar (61.8 per cent), Arunachal Pradesh (65.4 per cent), Rajasthan (66.1 per cent), Jharkhand (66.4 per cent) and Andhra Pradesh (67 per cent).
DensityThe density of population in the country has also increased from 325 in 2001 to 382 in 2011 in per sq km. Among the major states, Bihar occupies the first position with a density of 1106, surpassing West Bengal which occupied the first position during 2001.
Delhi (11,320) turns out to be the most densely inhabited followed by Chandigarh (9,258), among all states and UT’s, both in 2001 and 2011 Census. The minimum population density works out in Arunachal Pradesh (17) for both 2001 and 2011 Census.
Sex ratioThe sex ratio of population in the country in 2011 stands at 940 female against 1000 males, which is 10 per cent more than the last census when the number female per thousand male stood at 933.
Haryana has the dubious distinction of having the worst male-female ratio among all states while Kerala fares the best.
The number of females per 1000 males in Haryana in 2011 stands at 879 followed by Jammu and Kashmir (889 female) and Punjab (895 females).
The other two worst-performing states in terms of skewed sex ration are Uttar Pradesh (912 females) and Bihar (918 females).
Five top performing states in terms of sex ratio were Kerala (1,084 females), Tamil Nadu (996), Andhra Pradesh (993), Chhattisgarh (991), Odisha (979).
Child populationChild population in the age of 0 to 6 years has seen an increase of 0.4 per cent to 164.5 million in 2011 from 163.8 million in 2001.The child population (0-6) is almost stationary.
In 17 states and UTs, the child population has declined in 2011 compared to 2001.
With the declaration of sex ratio in the age group 0-6, the Census authorities tried to bring out the recent changes in the society in its attitude and outlook towards the girl child.
It was also an indicator of the likely future trends of sex ratio in the population.
There has been a decline of 8 per cent in the sex ratio of 0-6 age group. In 2011, the child sex ratio (0-6) stands at 919 female against 1000 male in comparison to 927 females in 2001.
Male child (0-6) population has increased whereas female child population has decreased during 2001-11. Eight states, Jammu and Kashmir, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, Arunachal Pradesh, Mizoram, and Meghalaya have proportion of child population more than 15 per cent.
The worst performing states in regard to sex ration in the age group of 0 to 6 years are Haryana (834 females), Punjab (846), Jammu and Kashmir (862), Rajasthan (888) and Gujarat (890).
The best performing states are Chhattisgarh (969), Kerala (964), Assam (962), West Bengal (956) Jharkhand (948) and Karnataka (948).
SC/ST dataAccording to the Census, Scheduled Castes are notified in 31 states and UTs and Scheduled Tribes in 30 states.
There are altogether 1,241 individual ethnic groups, etc. notified as SC’s in different states and UT’s.
The number of individual ethnic groups, etc. notified as ST’s is 705. There has been some changes in the list of SC’s/ST’s in states and UT’s during the last decade.
The SC population in India now stands at 201.4 million, which is 20 per cent more than the last census. The ST population stands at 104.3 million in 2011 – 23.7 per cent more than 2001.
Religious demographicsThe religious data on India Census 2011 was released by the Government of India on 25 August 2015. Hindus are 79.8% (966.3 million), while Muslims are 14.23% (172.2 million) in India.
For the first time, a “No religion” category was added in the 2011 census. 2.87 million Were classified as people belonging to “No Religion” in India in the 2011 census. – 0.24% of India’s population of 1.21 billion.
There are six religions in India that have been awarded “National Minority” status – Muslims, Christians, Sikhs, Jains, Buddhists and Parsis.
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A doubt..how do we know the word count of the essay we are writing at the time.of online exam..is there a count on the screen itself.???? Last year phase 2 candidates..pls reply..
anybody gave PM Mock 1? phase 1