#GK #Quiz

The landmass of which of the following continents is the least?

A. Africa 

B. Asia

C. Australia 

D. Europe

#English #Quiz

For quick promotion, he hit on a plan to PROPITIATE the Manager.

(1) evict                            

(2) incite

(3) praise                          

(4) conciliate

#Solve #Puzzle

Price register an increase of 10% on food grains and 15% on other items of expenditure. If the ratio of expenditure of an employee on food grains and other items be 2:5, by how much should his salary be increased in order that he may maintain the same level of consumption as before? Assume that there is no saving our of his monthly salary of Rs 2590.

(1) 13.57%   
(2) 12%
(3) 13%   
(4) 18.42%

SSC CGL 2014 (Tier - II) Result Out

Staff Selection Commission has declared the result for Combined Graduate Level exam. All Candidates who appeared for this exam can check the result by click on the link below . 
CHECK RESULT HERE

#Daily #Current #Affairs

ICICI Bank’s first Chinese branch inaugurated in Shanghai

ICICI Bank’s first branch in China was inaugurated in Shanghai, a major global financial hub. It was inaugurated by Prime Minister Narendra Modi in the presence of ICICI Bank’s MD and CEO Chanda Kochhar. The new branch will begin its operation with 17 banking professionals handling different functions including finance, operations, corporate banking and treasury. Apart from it, this branch will also play important role in the growing trade and investment opportunity between India and China. It should be noted that ICICI Bank’s Shanghai Branch had received the formal regulatory approval in March 2015 to commence operations. Currently ICICI Bank is India’s biggest private sector lender with a total consolidated asset base of US $ 132 billion and has presence in 17 countries.  Earlier in 2003, ICICI Bank had opened a representative office in China.

UN adopts resolution to strengthen relief efforts in earthquake hit Nepal

United Nations (UN) has adopted a resolution in order to call attention of international community to urgently assist Nepal and help rebuild the country after it was hit by devastating earthquake. The resolution was led by India and was co-sponsored by 65 other nations including Bangladesh, Afghanistan, Australia, Japan, China, Germany, Sri Lanka, Nepal, Pakistan UK and the US. It was adopted by consensus at the United Nations during a special 193-member General Assembly session. In the resolution UN has appealed to help raise US $ 423 million over the next three months in order to meet essential needs of Nepal earthquake survivors. The relief funds collected help rebuild the country and support the victims of the massive 7.8 magnitude quake that had struck Nepal on 25 April 2015 in which more than 8,200 people died.

6th edition of National Conference on Nuclear Energy held in New Delhi

Sixth edition of National Conference on Nuclear Energy held in New Delhi. The theme of this edition was Nuclear Energy: a Clean Energy option. It was organized by Associated Chambers of Commerce and Industry of India (ASSOCHAM), one of the apex trade associations of India. The conference discussed the issue related to the status of Nuclear Energy in India. Apart from it various issues were also discussed including on nuclear energy to the decarbonisation of power sector, Climate change & the future of nuclear energy, nuclear energy expansion & Make in India.

Arun Shrivastava assumes charge as Syndicate Bank MD and CEO

Arun Shrivastava assumed charge as Managing Director & CEO of Syndicate Bank. He was Executive Director of Bank of India, looking after Finance, Strategy & Planning, Large Corporate & Mid Corporate Business, Corporate Debt Restructuring, Project Finance & Syndication, Credit Monitoring & Asset Recovery, Publicity & Public Relations portfolios of the bank. Earlier, Shrivastava was overseeing the foreign subsidiaries – BoI Indonesia and Botswana and joint venture – India Zambia Bank. He is a Certified Associate of Indian Institute of Bankers and AIBM. He started his career as direct recruit officer in Bank of Baroda in 1979.

#Daily #Current #affairs

Punjab becomes first state to issue Soil Health Cards to farmers

Punjab has become the first state in India to issue Soil Health Cards (SHCs), a Union Government initiative to all farmers in the state. In this regard, every district of state has been assigned mobile soil testing lab. These labs will take soil sample from every farm and issue a digitalised soil health details. Presently, state government has 66 such laboratories and has capability to test 3.5 lakh soil samples annually. State government also has made mandatory for these labs to check soil health on quarterly basis.

Importance of SHC in Punjab

The advent of green revolution in Punjab has made soil testing more necessary in view of over exploitation of soil.

It will help farmers in maintaining the balanced health structure of the soil and educate them to use right quantity of fertilisers in order to prevent soil from becoming arid.

Lok Sabha passes Negotiable Instruments (Amendment) Bill, 2015

Lok Sabha on 13 May 2015 passed The Negotiable Instruments (Amendment) Bill, 2015 by a voice vote. The Bills amends the Negotiable Instruments Act, 1881 in order to make cheque-bounce filing of cases more convenient for check payees (person who receives the cheque).

Key facts

The bill adds provision to specify the territorial jurisdiction of the courts in cases related to bouncing of cheques which was not present in the parent Act.

It says that cases in this regard need to be filed only in a court in whose jurisdiction the bank branch of the payee lies.

It also adds provision related to more than one case is filed against the same person before different courts for bouncing of cheques. In this matter, the case will be transferred to the court that has appropriate jurisdiction.

The bill also amends the definition of cheque. Now it defines it as cheque in the electronic form which is signed in a secure system with a digital signature or using electronic system and drawn in electronic medium using any computer resource.

Union Cabinet gives nod to Benami Transactions (Prohibition) (Amendment) Bill, 2015

Union Cabinet has given its approval to Benami Transactions (Prohibition) (Amendment) Bill, 2015. The Bill seeks to amend the Benami Transactions (Prohibition) Act, 1988 by adding additional provisions that provides for stringent measures against violators in order to curb and check the generation of black money in the country. It also adds provisions for attachment and confiscation of benami properties and imposes fine with imprisonment. The Bill also has provision for prosecution and aims to act as a major avenue for blocking benami property, which leads to generation and holding of black money especially in real estate. Earlier in 2011, then ruling UPA-II government had introduced Benami Transactions (Prohibition) Bill, 2011, which had proposed replacing the 1988 parent Act. But, the bill was not able to pass in Parliament and had lapsed with the dissolution of 15th Lok Sabha.

Union Cabinet gives nod to 5% disinvestment in NTPC & 10% in Indian Oil Corporation

Union Cabinet gave its approval to 5 per cent disinvestment in National Thermal Power Corporation Limited (NTPC) and 10 per cent in Indian Oil Corporation (IOC). Decision in this regard was taken by Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. These approvals are part of Union Government’s budgeted target to raise 41,000 crore rupees through strategic stake sales i.e. disinvestment for the current financial year 2015-16. Disinvestment in both Central Public Sector Undertaking (CPSU) may fetch the government over 13,000 crore rupees at current market price. The proposed share sale of 5 per cent in NTPC will fetch Union government 5,565 crore rupees while that of 10 per cent in IOC will bring in 7,932 crore rupees. Currently, Union government holds 74.96 per cent in NTPC and 68.57 per cent in IOC.

#Only #Institute #for #SSC #CGL #in #Chandigarh

#daily #current #affairs

KV Kamath named as first President of New Development Bank of BRICS nations

Eminent banker Kundapur Vaman Kamath was appointed as first President New Development Bank (NDB) of BRICS nations. He will have of five year term after the bank becomes operational within one year.  Kamath is the Chairman of the India’s largest private sector bank, Industrial Credit and Investment Corporation of India (ICICI). He was ICICI Bank’s managing director and CEO from 1996 to 2009. Kamath also had served as Chairman of India’s second-largest Indian IT services company, Infosys Limited. He had taken charge from N R Narayana Murthy.   

Dedicated E-Commerce Centre of India Posts launched in New Delhi

Dedicated E-Commerce Centre of India Posts, a government-operated postal system was launched in New Delhi to cater the e-commerce business enterprises. It was launched by Union Communication and IT Minister Ravi Shankar Prasad at Safdarjang, New Delhi. This project is implemented by Department of Posts, through Delhi Postal Circle. This processing centre will exclusively handle all the e-commerce business and play a crucial role in India’s e-business which has grown up to 70 thousand crore rupees in past few years. It is capable of handling 30000 parcels (articles) per day. It will also facilitate to collection of parcels from the e-commerce customers by processing and dispatching them within 24 hours to respective destination. For this purpose the centre will use quickest available transportation facility like flight or trains. The leading e-commerce customers, Yepme, Amazon, Snapdeal, Paytm etc are using this newly established e-commerce Centre for processing of their e-commerce parcels.

MIDC inks MoU with SIDBI to raise Rs 200-crore fund for MSMEs

Maharashtra Industrial Development Corporation (MIDC) has inked memorandum of understanding (MoU) with state-run Small Industries Development Bank of India (SIDBI) to provide easy finance to micro, small and medium enterprises (MSMEs) for their growth. The MoU was signed Ananta P Sarma, MD and CEO of SIDBI and MIDC CEO Bhushan Gagrani in the presence of Maharashtra Chief Minister Devendra Fadanvis in Nashik, Maharashtra. As per the MoU, both signatory parties have jointly created funds to the tune of 200 crore rupees to provide immediate finance to the MSMEs. Of the total amount, the MIDC has contributed 75 crore rupees, while SIDBI has provided the remaining 125 crore rupees. This jointly created fund will provide easy loan to MSMEs for their expansion, product development and other business purposes.  The rate of interest at which this easy finance will be provided to the MSMEs has not been decided yet.

Justice Cyriac Joseph appointed as acting Chairman of NHRC

President Pranab Mukherjee has appointed Justice Cyriac Joseph as acting Chairman of National Human Rights Commission (NHRC). His appointment comes after then Chairman of NHRC Justice K.G. Balakrishnan completed his tenure. He will remain in office till new Chairman is appointed. Presently, Justice Cyriac Joseph is member of NHRC. He hails from Kaiphuza village of Kottayam district in Kerala and was a Judge of the Supreme Court from 2008 to 2012. Justice K.G. Balakrishnan has completed his tenure as the sixth and the lon

gest serving Chairman NHRC. He was appointed as Chairman of Commission in June 2010 after his retirement as the Chief Justice of India (CJI). During his tenure, he was instrumental in charting out several new initiatives towards promotion and protection of human rights in the country.

Lok Sabha passes Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015

Lok Sabha passed Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 by a voice vote. The bill seeks to deal with the menace of black money and to replace the Income Tax (IT) Act, 1961 for the taxation of foreign income.

Salient features of the Bill

Scope- Provisions will applicable to both undisclosed foreign income and assets including financial interest in any entity and the Act will be applicable to all persons resident in India.

Rate of tax– A flat rate of 30 percent tax will be applied to undisclosed foreign income or assets. In case of any carried forward losses, no exemption or deduction or set off will be allowed which may be admissible under the existing IT Act, 1961.

Penalties- Violation will entail stringent penalties. Following are penalties mentioned

For nondisclosure of foreign income or assets outside India, penalty will be equal to three times the amount of tax payable i.e. 90 percent of the undisclosed income in addition to tax payable at 30%.

In case of failure to furnish return in respect to foreign income or assets, there will be of 10 lakh rupees.

#Fresh #Batches #SSC #CGL

#Fresh #Batch #SSC #CGL

SSC CGL Results - Third Axis Institute

 

 

 

 

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#Fresh #Batch #for #SSC #CGL 2015

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SSC

Record Selections in SSC CGL Tier -I by Third Axis Students, Unfortunately exam was later cancelled out after result come, We are achieving the best results in SSC every year and it will be continue till Third Axis exist. We believe into enhancing the quality of education and we prepare for our students to compete in competitions exams like SSC, FCI, Bank PO, so they can bright their future by our quality education program.  

Staff Selection Commission CGL 2014

Various Grade ‘B’ & Grade ‘C’ jobs are about to come on January 18^th 2014:

Download Official Notification (from 18^th Jan 2014)                                                                    Date of Exam: 28^th Apr 2014

Click Here to apply (Link will be available from 18^th Jan 2014)

FRESH BATCHES starts at THIRD AXIS Sector 15 and Sector 34 Branch.

Book your Seat today!                                         

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