Paris Agreement: 5 things you should know

With india formally joining the Paris Agreement on Sunday, here are five salient points about the deal:

Union Government notifies constitution of Monetary Policy Committee

1. The Union Government notified the constitution of the Monetary Policy Committee (MPC).

2. The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016, to provide for a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability.
3. As per the provisions of the RBI Act, out of the six Members of Monetary Policy Committee, three Members will be from the RBI. The other three Members of MPC will be appointed by the Central Government.

Japan to host 2026 Asian Games

Japan’s Aichi prefecture and its capital city Nagoya were confirmed as co-hosts of the 2026 Asian Games today, adding yet another major event to the country’s bulging international sports calendar.

The Olympic Council of Asia (OCA) formally endorsed the bid after Aichi Prefecture governor Hideaki Ohumra and Nagoya city mayor Takashi Kawamura presented their joint offering to the OCA General Assembly in Danang, which is currently hosting the fifth Asian Beach Games.

                                 

Marginal Cost of Funds based Lending Rate (MCLR) reform by the RBI

Dear Readers, we are providing short article on MCLR Reform introduced by RBI recently. It will help you in IBPS PO Interview also.

The Reserve Bank of India has brought a new methodology of setting lending rate by commercial banks under the name Marginal Cost of Funds based Lending Rate (MCLR). It will replace the existing base rate system from 1st April 2016 onwards.

According to the RBI, banks will set their lending rates under the marginal cost of funds (deposits) every month, which will be based on the rate offered on new deposits, which would reflect the market rates. Many banks had sharply cut deposit rates recently but their lending rate reduction has failed to match deposit rates.

National Sports Awards 2016

National Sports Awards 2016- For the first time in the history of National Sports Awards, four athletes were chosen for the Khel Ratna honour, owing to the three girls’ superlative show at the Rio Olympics.

Summer Olympics 2016 concluded at Rio de Janeiro

The 2016 Summer Olympics officially known as the Games of the XXXI Olympiad and commonly known as Rio 2016, was a major international multi-sport event held in Rio de Janeiro, Brazil, from 5 August to 21 August 2016.

Why are Banks recruiting directly and not through IBPS PO 6?

The candidates are finding it difficult to understand why the bank is recruiting only through Manipal School of Banking, or other class room programmes and not through IBPS PO. In this article, we shall try to decode the reasons behind it but one thing is clear and that is, banks are increasingly going for Manipal School of Banking Programme instead of IBPS PO and candidates need to be accustomed to this fact as soon as possible.

Urjit Patel appointed as next RBI Governor

Patel has been appointed as RBI Governor for a period of three years with effect from September 4 this year.

Happy Rakshabandhan

Rakshabandhan , A festival of love , affection, care, emotions and bonding between Brother and Sister.
ExamGuruadda, Govtnaukari.com and healthguruadda Wishes you Very Happy Rakshabandhan to all of you.

Rio Olympics: Wrestler Sakshi Malik wins India’s first medal - bronze in 58kg freestyle

Gritty woman wrestler Sakshi Malik ended India's painful wait for a medal at the Rio Olympic Games by clinching the bronze in the 58kg category, pulling off a sensational 8-5 victory over Aisuluu Tynybekova of Kyrgyzstan in the play-off bout.

16 lakh vacancies in Banking sector

Dear Readers, as per recent article in Hindustan newspaper around 16 lakh vacancies are coming in banking sector.

Image on article attached below-

Cabinet approves merger of 5 associate banks with SBI

The Cabinet today gave go-ahead to the merger of State Bank of India (SBI) and its associate lenders that would make the state-owned lender a global-sized bank.

SBI Clerk 2016 preliminary exam results to be declared soon

There is good news for all the aspirants who appeared for SBI clerical exam 2016 last month. Reportedly the bank will soon release the results of Junior assistants and Junior agricultural assistants in the clerical cadre.

Hot Topic- Panama Papers

The Panama Papers are a leaked set of 11.5 million confidential documents that provide detailed information about more than 214,000 offshore companies listed by the Panamanian corporate service provider Mossack Fonseca, including the identities of shareholders and directors of the companies. The documents show how wealthy individuals, including public officials, hid their assets from public scrutiny. At the time of publication, the papers identified five then-heads of state or government leaders from Argentina, Iceland, Saudi Arabia, Ukraine, and the United Arab Emirates as well as government officials, close relatives, and close associates of various heads of government of more than forty other countries. The British Virgin Islands was home to half of the companies exposed and Hong Kong contained the most affiliated banks, law firms, and middlemen.

Dr Bhimrao Ambedkar - 125th Birth Anniversary

Today on 14 April 2016 we are celebrating the 125th birth anniversary of Dr. Babasaheb Bhimrao Ambedkar, the father and architect of the Indian Constitution.

Bank of India to get Rs 1,150-crore capital infusion from government

State-run Bank of India (BoI) said the government has approved a capital infusion of Rs 1,150 crore in lieu of preferential allotment of shares.

IBPS Allotment- 4 days to Go

Dear Readers, Many of you are eagerly waiting for 1st April 2016. It is the Judgement day for IBPS Bank Exam Students.

Wish you a Happy International Women's Day

International Women's Day (IWD), originally called International Working Women's Day, is celebrated on March 8 every year.In different regions the focus of the celebrations ranges from general celebration of respect, appreciation, and love towards women to a celebration for women's economic, political, and social achievements. Started as a Socialist political event, the holiday blended the culture of many countries, primarily in Europe, especially those in the Soviet Bloc.

No more interviews for IBPS junior level posts: To be substituted by psychometric test?

The CWE V clerk examination was conducted in the month of December/January 2016 by IBPS. According to the official notification, from  January 1 there will be no recruitment with the interview at the junior level posts in the government of India ministries, departments, attached and subordinate offices, autonomous bodies and PSUs. All central government ministries and their Public Sector Undertakings (PSUs) have been asked to dispense with the requirement of interviews for selections at junior level posts within next two days, however, they may continue with skill or physical test.

Gandhiji’s life lessons

First, do away with platitudes. Language, communication and discussion have become a labyrinth of context, nuances and sophistication. A society based on truth and non-violence affirms a belief in God.