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Merger of Public Sector Banks: All You Need To Know

Union Finance Minister  Nirmala Sithamraman  has announced the merger of ten public sector banks into four major PSBs.  After the merger, the total number of public sector banks in India will come down to 12 from 27 in 2017 . This major policy announcement is initiat…

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New Motor Vehicles Act Goes into Effect: Here's a Complete List of Revised Traffic Violation Fines

What is the  Motor Vehicles (Amendment) Act, 2019 ? The  Motor Vehicles (Amendment) Act, 2019  was given assent by the  Indian President  on  9th August 2019 , after getting approval from the 2 houses i.e. the Lok Sabha and the Rajya Sabha. This act was intro…

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Economic Survey 2018-19: Important Highlights

Key Highlights of Economic Survey 2018-19 Guided by the dictum of  "blue-sky thinking", the Economic Survey  underscored the ambitious agenda of applying principles of behavioural economics to achieve  8 percent  of sustained  GDP growth to make India…

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Union Budget 2019-20: Important Highlights

Union Budget 2019-20 The highlights of Union Budget 2019  is very significant from the examination point of view.  Questions from Union Budget  are being asked in the  General/Economy/Financial awareness section  of almost all the examinations from the past cou…

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RBI Sells All Stakes In NHB, NABARD To Govt For INR 1,470 Crores | Check Details

The  Reserve Bank of India (RBI)  has divested its entire stake held in National Housing Bank ( NHB ), the regulator for housing finance companies, and National Bank for Agriculture and Rural Development ( Nabard ) to the government, which now holds  100%  in the…

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Prompt Corrective Action- Do you really need to Worry?

This year has been a season of putting banks under  Prompt Corrective Action (PCA) category.  The RBI had revised the PCA framework on 13 April 2017. Since then,  10 Public Sector banks have been put under PCA category till date . The Reserve Bank of India (RBI) …

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Nation Celebrates Kisan Diwas- 23rd December

Kisan Diwas (Farmer's Day)  is observed every year on  23 December  to celebrate the  birth anniversary of the fifth prime minister.  He was the PM of India for a very short tenure starting from  28th of July 1979 until 14th January 1980 .  A kisan leader, L…

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National Mathematics Day

National Mathematics Day is celebrated in India to commemorate the birth anniversary of the great mathematician of India, Srinivasa Ramanujan. The former Prime Minister of India Dr. Manmohan Singh declared to observe this day as National Mathematics Day on 26 Feb…

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Score 25+ In English Section Of RBI Assistant Mains Examination 2017

The trick to scoring in English section can vary from one person to another depending on his/her strengths and weaknesses.  The questions asked in this section can be easily handled if your basics are clear. Sometimes, even those who can communicate very well in Engl…

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Why Linking Your Bank Account with Aadhaar is Mandatory?

Aadhaar Card  has been made an essential entity in our day to day life and the Government of India is especially focusing on linking important elements like  Pan Card, Sim Card, Bank Account etc.  with the Aadhaar Card. As per the recent announcement, Government has …

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5 Mistakes to avoid while preparing for SBI PO

1. Do you just study what you like? Well, that’s the first mistake most students make! Yes, we know you like to start with the subject you are strong in, planning to finish it off first and get over with one subject from the 3 Reasoning, English and Quant and then…

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Study Notes: Banking and Finance (IMF)

( INTERNATIONAL MONETARY FUND ) The International Monetary Fund (IMF) is an organization of 189 countries , working to foster global monetary cooperation, secure financial stability, facilitate international trade , promote high employment and sustainabl…

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Tips for facing Group Discussion

Some Tips for facing Group Discussion   ☞  You should dress appropriately , as first impression is very important if you are going for any job recruitment process.   ☞  Try to maintain your body language , stay calm and composed. Your body language speaks a…

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Global Impact Of Brexit

As we all know that nowadays, Brexit is all over the news. As a referendum is going to happen on 23rd of June which will decide the fate of Britain. Whether it will exit from the European Union or not. So guys let's know more about it. Like - What is Brexit?…

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All About The World Bank Group

International Bank for Reconstruction and Development (IBRD) and its associate institutions as a group are known as the World Bank . It is headquartered in  Washington, D.C  and presently  189 countries  are the member of this organization.  So basically we …

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