Tuesday 29 June 2021

Current affairs 30.06.2021 For SBI PO IBPS PO SBI CLERK IBPS RRB AAND ALL OTHER EXAM

 Today's Headlines from :


*Economic Times*


๐Ÿ“ India breaks into top 10 countries on UN’s index measuring commitment to cybersecurity


๐Ÿ“ Government issues draft notification on ethanol blending in petrol


๐Ÿ“ Government cuts import duty on crude palm oil to 10%


๐Ÿ“ FM asks ministries to surpass capex target set for FY22


๐Ÿ“ MHA issues fresh COVID-19 guidelines for States/UTs


๐Ÿ“ Bharti to invest additional Rs 3,700 cr into OneWeb


๐Ÿ“ Indiabulls Housing Finance gets board nod for Rs 7,000 cr fund mop-up


๐Ÿ“ SoftBank-backed Dingdong rises 19% in market debut, valued at $6.6b


๐Ÿ“ Ruchi Soya posts Rs 314 cr profit in Q4


๐Ÿ“ GIC Re posts Rs 1,991 cr profit in FY21


๐Ÿ“ Reliance Industries announce mega petrochemical joint venture with ADNOC in UAE


๐Ÿ“ Emami Realty to develop township worth Rs 300 crore in Kolkata


๐Ÿ“ 10club raises one of the largest seed funding rounds in India


๐Ÿ“ Grofers to turn unicorn with Zomato funds


*Business Standard*


๐Ÿ“ Cipla gets DCGI nod to import Moderna vaccine; no commercial deal yet


๐Ÿ“ Sebi overhauls norms for appointment, removal of independent directors


๐Ÿ“ Godrej holding company hikes stake in Godrej Properties, Agrovet


๐Ÿ“ Serum Institute applies for EU nod through drugmaker AstraZeneca


๐Ÿ“ Standard Life sells 5% stake in HDFC Life Insurance in two tranches


๐Ÿ“ NTPC to hive renewable arm and list it soon, plans to add 60 Gw capacity


๐Ÿ“ NITI moots 100% I-T exemption for donations to not-for-profit hospitals


๐Ÿ“ Private sector banks' share in loans rises to 36.5% in FY21


๐Ÿ“ World Bank raises China's economic growth outlook to 8.5% from 8.1%


๐Ÿ“ Indian hedge funds beat Asian, EM peers; provide 6.6% returns in May


๐Ÿ“ Gadkari emphasises on all-round efforts for Aatmanirbhar Bharat initiatives


*Financial Express*


๐Ÿ“ DoT starts online portal for spectrum allocation for trials to telcos


๐Ÿ“ Axis Bank inks multi-year deal with AWS for powering digital banking services


๐Ÿ“ NXP, Jio Platforms team up to drive expanded 5G use cases in India


๐Ÿ“ Parag Milk forays into fat-free milk segment, priced at Rs 120-140/litre


๐Ÿ“ Cabinet may soon clear proposal for govt guarantee to bad bank


๐Ÿ“ UK-based fintech firm Tide enters India to tap the growing SMB market, to invest Rs 1,000 crore over the next five years


๐Ÿ“ Airblack raises $5.2 million in funding from Info Edge Ventures, Elevation Capital

 

๐Ÿ“ RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23: Report


๐Ÿ“ US announces USD 41 million additional COVID 19 assistance to India


*Mint*


๐Ÿ“ NCERT to develop separate curriculum frameworks as part of NEP


๐Ÿ“ Quizizz raises $31.5  million  from Tiger Global, Yahoo’s Yang


๐Ÿ“ Oil rises as OPEC fuels demand hopes amid new Covid-19 worries


๐Ÿ“ India mulls rules to encourage companies' shift to green energy


๐Ÿ“ Amitabh Kant gets one year extension as NITI Aayog CEO


๐Ÿ“ Parliamentary panel directs Facebook, Google to comply with new IT rules: Report


๐Ÿ“ Centre creates online portal to collect real-time data of govt, pvt warehouses


๐Ÿ“ SEBI raises maximum reward for investor trading informants to ₹10 crore


๐Ÿ“ IRCTC Q4 results: Net falls 23% to ₹104 cr, firm announces dividend of ₹5.

4 Grand Slam, Timing & Courts For SBI PO CLERK IBPS PO CLERK AND ALL OTHER EXAM

 ๐Ÿ’ˆ4 Grand Slam, Timing & Courts๐Ÿ’ˆ


๐ŸงฉAustralian Open– hard courts (Mid January)


๐ŸงฉFrench Open (also known as Roland Garros)– clay Court (late May to early June)


๐ŸงฉWimbledon (also known as UK Open)-  grass Courts (June–July)


๐ŸงฉUS Open- August– hard courts (September)


๐ŸŒปAustralian Open 2021๐ŸŒป


๐ŸƒPrize money-A$80,000,000

๐ŸƒSurface-Hard (GreenSet)

๐ŸƒLocation-Melbourne, Victoria, Australia

๐ŸƒVenue-Melbourne Park


๐ŸชดMen’s Singles Winner: N. Djokovic

 (Serbia)


๐ŸชดWomen’s Singles Winner: N. Osaka (Japan)


๐ŸŒปFrench Open 2021๐ŸŒป


๐ŸชดMen’s Singles Winner: Novak Djokovic (Serbia)


๐ŸชดWomen’s Singles Winner: Barbora Krejcikova (Czech Republic)

ICC Mens Players of the months for IBPS PO IBPS RRB SBI PO SBI CLERK AND ALL OTHER EXAM

 ๐Ÿ’ˆ๐ŸชดICC Men's Player of the Month 2021


๐ŸงฉJanuary : Rishabh Pant


๐ŸงฉFebruary : R Ashwin


๐ŸงฉMarch : Bhuvneshwar Kumar


๐ŸงฉApril : Babar Azam ( Pakistan)


๐ŸงฉMay : Mushfiqur Rahim (Bangladesh)


๐Ÿ’ˆ๐ŸชดICC Women's Player of the Month 2021๐Ÿชด๐Ÿ’ˆ


๐ŸงฉJanuary : Shabnim Ismail ( South Africa )


๐ŸงฉFebruary : Tammy Beaumont ( England )


๐ŸงฉMarch : Lizelle Lee ( South Africa )

 

๐ŸงฉApril : Alyssa Healy ( Australia)


๐ŸงฉMay : Kathryn Bryce (Scotland)



Sukanya Samriddhi Yojana for IBPS PO SBI PO SBI CLERK AND OTHER EXAM

 ๐Ÿ’ˆSukanya Samriddhi Account Yojana๐Ÿ’ˆ


๐ŸงฉThe scheme was launched by Prime Minister Narendra Modi on 22 January 2015 in Panipat, Haryana as a part of the Beti Bachao, Beti Padhao campaign.

 

๐ŸงฉAccount can be opened in the name of a girl child till she attains the age of 10 years.

 

๐ŸงฉOnly one account can be opened in the name of a girl child.

 

๐ŸงฉAccount can be opened in Post office and branches of authorised banks.

 

๐ŸงฉBirth certificate of girl child in whose name the account is opened must be submitted.

 

๐ŸงฉAccount can be opened with a minimum of Rs. 250/- and thereafter any amount in multiple of Rs.100/- can be deposited.

 

๐ŸงฉMaximum Rs. 1,50,000 can be deposited in a financial year.

 

๐ŸงฉThe account can be transferred anywhere in India from one post office/bank to another.

 

๐ŸงฉThe account allows 50% withdrawal at the age of 18 for higher education purposes.

 

๐ŸงฉThe account reaches maturity after time period of 21 years from date of opening it.



What is Ways and Means advances(WMA)

 Ways and means advances (WMA) is a mechanism used by Reserve Bank of India (RBI) under its credit policy to provide to States, banking with it, to help them tide over temporary mismatches in the cash flow of their receipts and payments. This is guided under Section 17(5) of RBI Act, 1934, and are '..repayable in each case not later than three months from the date of making that advance'.

There are two types of WMA – normal and special. While Normal WMA are clean advances Special WMA are secured advances provided against the pledge of government of India–dated securities. The operative limit for special WMA for a state is subject to its holdings of central government dated securities up to a maximum of limit sanctioned. In addition, the RBI has determined limits for normal and special WMA for each state as multiples of the prescribed minimum balance required to be maintained with the RBI by that state. These limits have been revised periodically.

Dormant_Inactive Bank Account

 Dormant / Inactive Bank Account๐Ÿ“š


If your SB or current account hasn’t witnessed any transactions(credit/debit except interest credited the bank, deduction of service charges, for more than 1 year, the account is rendered inactive. On exceeding 2 years, the account is declared dormant/inoperative.


Any customer induced transaction is enough for this purpose. Like credit or debit transactions done by the account holder in this account, keeps it active. Some of them have been listed below –


♦️ Outward bill

♦️ Inward bill

♦️ Transactions through cheque.

♦️ Deposit of cash

♦️ Deposit through cheque

♦️ Cash withdrawal or deposit via ATM.

♦️ Internet banking transaction

♦️ Crediting interest earned mandate on Fixed deposit to Savings Bank Account


๐Ÿ”ทWhen does a bank assume an account as inoperative?


If there is no transaction in the account for one year, the bank tries to contact the account holder or the nominee. In case of no replies, the bank will send intimation to account holder 2 or 3 months prior to treating his inactive account. 


On continuation of this ‘inactive’ status for 2 years, the status becomes ‘inoperative’ or ‘dormant’. The process will be completed by sending a correspondence to the account holder, declaring the account as ‘inoperative’.


•No valid transaction for 1 year – inactive bank account.

•No valid transaction for 2 years – inoperative bank account.


♻️How to change the status of a “Dormant Bank Account” to an “Active Bank Account”?


An inoperative account can become an operative account within 24 hours. All you need to do is to submit an application along with identity proof and passbook or cheque book to your bank, stating the reasons for absence of valid transactions.


After completion of “Know Your Customer” formalities, banks usually put the customer’s account on Active mode within 24 hours. 


Remember, there is no reactivation charge on a dormant account.


An inoperative account will have restrictions for several transactions including ATM withdrawal, internet or phone banking, issuing new cheque books, etc. All these are intended for the safety of the money in the account. Otherwise, it may increase the risk of fraudulent transactions from your account. 


If you are having more than one account, it is always better to keep tabs on them or making some small transactions just to keep them active. In this age of netbanking, all it takes is a few mouse clicks and your account would remain operational.

SBI Clerk Pre Admit Card Out

 ๐Ÿ”…SBI Clerk Pre 2021 Admit Card Out ๐Ÿ”…



https://ibpsonline.ibps.in/sbijascapr21/clpeta_may21/login.php?appid=446c439024467117c52ef46db9717009

Know Organization -IMF

 ✅ International Monetary Fund (IMF) 


๐Ÿงฟ Founded : 1945 

๐Ÿงฟ Headquarters: Washington, D.C. 

๐Ÿงฟ Managing Director : Kristalina Georgieva (Bulgaria) 

๐Ÿงฟ Chief Economist.: Gita Gopinath (Indian) 

๐Ÿงฟ Member countries : 190 (Andorra) 



✅ About WORLD BANK 


๐Ÿงฟ Founded : 1944 

๐Ÿงฟ HQ : Washington Dc 

๐Ÿงฟ President : David Malpass 

๐Ÿงฟ MD & CFO : Anshula Kant 

๐Ÿงฟ Chief Economist : Carman Reinhart 

๐Ÿงฟ Executive Director : Rajesh Khullar 

๐Ÿงฟ Senior Advisor to Ed of World Bank : Rajeev Topno 

๐Ÿงฟ Member Countries :189

Monday 28 June 2021

Todays Headlines 29.06.2021 for All bank exam

 Today's Headlines from :Dt 29/06/21


*Economic Times*


๐Ÿ“ Over 32.85 Cr Covid vaccine doses administered in country: Govt


๐Ÿ“ Co-op banks shall not outsource core management functions: RBI


๐Ÿ“ CRISIL gets into ESG rating, launches scores for 225 companies


๐Ÿ“ Punjab & Sind Bank to seek shareholder nod to set off losses of Rs 3,577 cr from share premium account


๐Ÿ“ UK’s Standard Life to sell 3.46% stake in HDFC Life Insurance on Tuesday


๐Ÿ“ NLC India Q4 profit rises 52% to Rs 757 cr


๐Ÿ“ Zee Media Corp Q4 profit drops nearly 6% to Rs 10.50 cr


๐Ÿ“ FM announces stimulus package for economic revival, raises ECLGS scheme limit to Rs 4.5 lakh crore


๐Ÿ“ Govt to formulate streamlined approval process for PPP projects, core infra asset monetisation


๐Ÿ“ NTPC invites EoI to set up 1GW battery storage system


๐Ÿ“ Wipro Aerospace unit to acquire Boeing supplier for $31 million


๐Ÿ“ Encube Ethicals gets funding from Quadria Capital, others at $800 million valuation


๐Ÿ“ LocoNav raises $37 million in funding from Sequoia India, others

 

*Business Standard*


๐Ÿ“ Tata Motors to launch 10 EVs by 2025, 'lead change' on carbon footprint


๐Ÿ“ Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance


๐Ÿ“ Central Coalfields awards Rs 9,294 crore mining project to Power Mech


๐Ÿ“ FTAs with key nations will boost exports, attract more investments: FIEO


๐Ÿ“ Rs 1.75-trn disinvestment target on track: CEA Krishnamurthy Subramanian


๐Ÿ“ IFSC eases capital norms for AIFs, exempts need for sponsors' commitment


๐Ÿ“ Strong debut by Dodla and KIMS, gain 42% and 21% respectively at close


๐Ÿ“ DRL launches DRDO drug 2-DG to treat moderate to severe Covid patients


*Financial Express*


๐Ÿ“ Tenure for smartphone PLI extended by a year; BharatNet outlay hiked


๐Ÿ“ Emami hikes stake in Helios Lifestyle to 45.96%, becomes largest shareholder


๐Ÿ“ Quarterly results: Repco Home Finance net up 32% in Q4


๐Ÿ“ MSME Minister Gadkari announces integration of Udyam with CSCs, a dashboard to monitor schemes


๐Ÿ“ Mastercard buys stake in Instamojo


๐Ÿ“ Piramal Enterprises to raise up to Rs 1,000 cr via NCDs


๐Ÿ“ Chhattisgarh steel plant demerger to be completed in Q3: NMDC


๐Ÿ“ Real estate development along national highways offers over 15% returns: JLL India


๐Ÿ“ Commercial Bank of Kuwait selects TCS solution to transform treasury operations


๐Ÿ“ Unemployment rate down to 8.7%, LPR fall a cause for concern


๐Ÿ“ Exports target of $400 bn for FY22 requires aggressive marketing strategy:FIEO


๐Ÿ“ Cotton body seeks withdrawal of 10% customs duty


๐Ÿ“ Skanray Technologies files IPO papers with Sebi


*Mint*


๐Ÿ“ Centre reinforces usage of GeM portal


๐Ÿ“ JPMorgan takes 40% stake in Brazil's C6 Bank


๐Ÿ“ Govt buys record 432.83 lakh tonnes of wheat at MSP for nearly ₹85,500 crore


๐Ÿ“ Serum Institute applies  for  emergency  use licence for Covishield in EU


๐Ÿ“ Business activity recovers for fifth week as cases, lockdowns ease: Report


๐Ÿ“ Gaming tech startup Mobius gets funding from angel investors


๐Ÿ“ Nua raises $7.1 million in pre-Series B funding round led by Lightbox


๐Ÿ“ India's air passenger traffic rises for fourth week in a row


๐Ÿ“ D2C firm boAt forays into personal grooming category with sub-brand Misfit.

Current affairs 3rd July 2021 for IBPS PO SBI PO SBI CLERK AND ALL OTHER EXAM

 Today's Headlines from :Dt 3/07/21 *Economic Times*   ๐Ÿ“ Reliance Jio deal can earn Google Cloud $1 billion in revenue ๐Ÿ“ Bank credit g...