General Affairs
Resident Doctors In Maharashtra Call Off Strike After Assurance From State Government
-
Resident doctors across Maharashtra decided to call off their five-day long strike and resume work today after a satisfactory meeting with Chief Minister Devendra Fadnavis last night, wherein the state government assured them that it will look into their demands.
"The state government has issued a letter of assurance and we feel our demands are being addressed. We have asked our members to resume duty from Saturday morning," the Maharashtra Association of Resident Doctors said, in a statement.
More than 4,500 doctors had been on strike for the last five days following a series of assaults on doctors in various parts of Maharashtra. The doctors initially wanted better security but later seemed to have added more demands to their list, including a pay hike. While the strike did not affect emergency services, OPDs and general ward patients were heavily inconvenienced. The Maharashtra government, throughout the week, criticised the doctors for going on strike.
On Thursday, the protest spill over the national capital as nearly 40,000 doctors went on a mass casual leave, expressing solidarity with their Maharashtra colleagues. The protest was called by the Indian Medical Association following the Maharashtra government's repeated 'join work or face action' ultimatums.
Chief Minister Devendra Fadnavis had given the doctors a final ultimatum, hours before meeting the association yesterday, to resume duty or face "legal action".
"Enough is enough... Tell me, what is the difference between the people who beat doctors and those kill patients (by not attending to them)," Mr Fadnavis had said.
"We respect doctors but they should not stretch it too far," he added.
Earlier this week, hearing a petition on the strike, the Bombay High Court too criticised the doctors, telling them that they should resign if they did not want to work.
"You are not factory workers that you will resort to such protests. Shame on you. How can doctors behave in such a manner?" the court had observed.
"The state government has issued a letter of assurance and we feel our demands are being addressed. We have asked our members to resume duty from Saturday morning," the Maharashtra Association of Resident Doctors said, in a statement.
On Thursday, the protest spill over the national capital as nearly 40,000 doctors went on a mass casual leave, expressing solidarity with their Maharashtra colleagues. The protest was called by the Indian Medical Association following the Maharashtra government's repeated 'join work or face action' ultimatums.
Chief Minister Devendra Fadnavis had given the doctors a final ultimatum, hours before meeting the association yesterday, to resume duty or face "legal action".
"We respect doctors but they should not stretch it too far," he added.
Earlier this week, hearing a petition on the strike, the Bombay High Court too criticised the doctors, telling them that they should resign if they did not want to work.
"You are not factory workers that you will resort to such protests. Shame on you. How can doctors behave in such a manner?" the court had observed.
Indu Mill Land Transferred To Maharashtra Government For Ambedkar Memorial
-
Decks have been cleared for the construction of a memorial of Dr Babasaheb Ambedkar near Chaityabhoomi in central Mumbai with the 12 acres of Indu Mill land being formally transferred to the state government today.
The transfer documents were handed over to Chief Minister Devendra Fadnavis by Union Textiles Minister Smriti Irani and Union Minister of State for Social Justice Ramdas Athawale at the Vidhan Bhavan here today.
Making a statement in the Legislative Assembly later, Mr Fadnavis announced the transfer of land and said the state government's name has been incorporated in the land records.
He said the Centre had allowed the state government to start work on the land and the Mumbai Metropolitan Region Development Authority (MMRDA) has already begun clearing the area. Coastal Regulation Zone (CRZ) permissions have also been acquired.
Mr Fadnavis said the transfer of development rights (TDR) has been given to the National Textile Corporation (NTC) by the state government.
The Chief Minister thanked Prime Minister Narendra Modi and Union Minister Smriti Irani for handing over the land to the state government.
He reiterated the government's commitment to build a grand memorial of Dr Ambedkar to fulfill aspirations of people of Maharashtra.
After the function, Ms Irani said the Centre has seen the effort of Mr Fadnavis and the people in Maharashtra towards this memorial. "We are glad that this dream will come true now," she said.
The transfer documents were handed over to Chief Minister Devendra Fadnavis by Union Textiles Minister Smriti Irani and Union Minister of State for Social Justice Ramdas Athawale at the Vidhan Bhavan here today.
Making a statement in the Legislative Assembly later, Mr Fadnavis announced the transfer of land and said the state government's name has been incorporated in the land records.
The Chief Minister thanked Prime Minister Narendra Modi and Union Minister Smriti Irani for handing over the land to the state government.
He reiterated the government's commitment to build a grand memorial of Dr Ambedkar to fulfill aspirations of people of Maharashtra.
After the function, Ms Irani said the Centre has seen the effort of Mr Fadnavis and the people in Maharashtra towards this memorial. "We are glad that this dream will come true now," she said.
US Targets More Than 200 Indians For Deportation, Says Sushma Swaraj
-
The Trump administration recently informed India that it is targeting for deportation more than 270 Indian nationals living in the United States illegally, according to India's foreign minister.
The Indian government has asked for further information on the 271-name list from the United States before allowing their deportation, Sushma Swaraj said during a question period in the upper house of India's Parliament on Thursday.
"Until we verify the nationalities of these people, how do we believe the claims in the list?" Swaraj said. "We have asked the U.S. government for more information and told them that we will give an emergency certificate for their deportation only after establishing their Indian nationalities."
There is growing concern in India over treatment of its citizens in the United States after a high-profile shooting of an Indian computer engineer in Olathe, Kan., in February, and other suspected hate crimes.
There was no immediate comment from the Trump administration on the purported deportation list.
The number of unauthorized immigrants in the United States born in India increased by about 130,000 between 2009 to 2014 to an estimated 500,000 people, according to a September report from the Pew Research Center in Washington.
Many of these unauthorized immigrants from India and elsewhere in Asia arrived with legal status and overstayed their visas, according to Department of Homeland Security statistics, the report's authors noted.
In a separate study, Pew researchers found that an estimated 12,885 Indian citizens had overstayed their visas in fiscal year 2015, far fewer than some other countries including Canada and Mexico.
Thousands of Indian computer engineers come to the United States every year on high skilled temporary H-1B visas, a program that has also been targeted for reform.
The Trump administration has moved aggressively to fulfill the president's campaign promises on immigration since he took office in January, announcing plans to build a wall and increasing enforcement actions against illegal immigrants.
The administration is reportedly considering wide-ranging new policies that could empower authorities to detain and deport illegal immigrants, add new officers and quicken the pace of deportation hearings.
The Trump Administration also began releasing its weekly list of unauthorized immigrants who commit crimes this week.
The Indian government has asked for further information on the 271-name list from the United States before allowing their deportation, Sushma Swaraj said during a question period in the upper house of India's Parliament on Thursday.
"Until we verify the nationalities of these people, how do we believe the claims in the list?" Swaraj said. "We have asked the U.S. government for more information and told them that we will give an emergency certificate for their deportation only after establishing their Indian nationalities."
There was no immediate comment from the Trump administration on the purported deportation list.
The number of unauthorized immigrants in the United States born in India increased by about 130,000 between 2009 to 2014 to an estimated 500,000 people, according to a September report from the Pew Research Center in Washington.
Many of these unauthorized immigrants from India and elsewhere in Asia arrived with legal status and overstayed their visas, according to Department of Homeland Security statistics, the report's authors noted.
In a separate study, Pew researchers found that an estimated 12,885 Indian citizens had overstayed their visas in fiscal year 2015, far fewer than some other countries including Canada and Mexico.
Thousands of Indian computer engineers come to the United States every year on high skilled temporary H-1B visas, a program that has also been targeted for reform.
The Trump administration has moved aggressively to fulfill the president's campaign promises on immigration since he took office in January, announcing plans to build a wall and increasing enforcement actions against illegal immigrants.
The administration is reportedly considering wide-ranging new policies that could empower authorities to detain and deport illegal immigrants, add new officers and quicken the pace of deportation hearings.
The Trump Administration also began releasing its weekly list of unauthorized immigrants who commit crimes this week.
PM Narendra Modi's Message To Gujarat Lawmakers To Retain Stronghold
-
If on Thursday Prime Minister Narendra Modi told BJP MPs from Uttar Pradesh to not sit back after the state win, his message to MPs from Gujarat on Friday: get cracking. The BJP has been in power in Gujarat for the last 19 years and is keen to retain its bastion.
In a clear signal that the BJP's top duo - PM Modi and party president Amit Shah - are now turning their attention to states which are heading towards polls, Gujarat MPs along with their counterparts from Goa, Daman and Diu were today issued orders to start creating a better connect with voters.
Over typical Gujarati fare for breakfast, PM Modi asked MPs to upgrade their effort to build bridges between public and government schemes. With Gujarat polling in November this year, PM Modi has asked MPs to pick five constituencies each to canvass votes.
Come April 14, MPs have been asked to celebrate Dr BR Ambedkar's birth anniversary and then leave for villages. "Each MP has been asked to spend 72 hours or three days in villages at the gram panchayat level. The MPs have to assess impact of schemes and find what people need," said a senior lawmaker. On the April 6 - the MPs have been asked to celebrate BJP's foundation day among voters.
Among prominent attendees to the meeting were PM Modi's one-time mentor and Gandhinagar MP LK Advani, textile minister Smriti Irani and nearly 45 other Gujarat MPs. According to sources, PM Modi asked MPs to submit two most significant achievements by them in their constituencies. "PM said that the most shining examples will put together in the form of a booklet," the lawmaker said.
Emphasising the need to spend more time in the constituencies, PM asked lawmakers to popularise the Mudra Yojana - a collateral-free loan scheme for those who want to start an enterprise. "PM asked us to help the needy to secure loans under Mudra by taking people personally to the banks," said a MP.
This is a strategic nudge by the Prime Minister as over the last few decades, people in Gujarat have shown a great affinity towards starting businesses and for startups loans are perceptibly the biggest hurdle.
The BJP, which currently has 123 seats, has announced "Mission 150" - winning at least 150 of the state's 182 assembly constituencies.
Seemingly to keeping the state's large trading community engaged with the BJP despite the alleged impact of notes ban, the Prime Minister has asked MPs encourage digital platforms for doing transactions and also connect with social media to reach out to the people.
The Patel agitation which has dogged the BJP government for some time was at the back of the mind of the party when during the meeting Amit Shah informed the MPs about the centre's decision to set up a National Commission for Socially and Educationally Backward Classes (NCSEBC), a constitutional body for welfare and addressing the grievances of backward classes.
Terming it a landmark decision, Mr Shah said this commission will lead to substantial improvement in lives of people from backward classes.
In a clear signal that the BJP's top duo - PM Modi and party president Amit Shah - are now turning their attention to states which are heading towards polls, Gujarat MPs along with their counterparts from Goa, Daman and Diu were today issued orders to start creating a better connect with voters.
Over typical Gujarati fare for breakfast, PM Modi asked MPs to upgrade their effort to build bridges between public and government schemes. With Gujarat polling in November this year, PM Modi has asked MPs to pick five constituencies each to canvass votes.
Among prominent attendees to the meeting were PM Modi's one-time mentor and Gandhinagar MP LK Advani, textile minister Smriti Irani and nearly 45 other Gujarat MPs. According to sources, PM Modi asked MPs to submit two most significant achievements by them in their constituencies. "PM said that the most shining examples will put together in the form of a booklet," the lawmaker said.
Emphasising the need to spend more time in the constituencies, PM asked lawmakers to popularise the Mudra Yojana - a collateral-free loan scheme for those who want to start an enterprise. "PM asked us to help the needy to secure loans under Mudra by taking people personally to the banks," said a MP.
This is a strategic nudge by the Prime Minister as over the last few decades, people in Gujarat have shown a great affinity towards starting businesses and for startups loans are perceptibly the biggest hurdle.
The BJP, which currently has 123 seats, has announced "Mission 150" - winning at least 150 of the state's 182 assembly constituencies.
Seemingly to keeping the state's large trading community engaged with the BJP despite the alleged impact of notes ban, the Prime Minister has asked MPs encourage digital platforms for doing transactions and also connect with social media to reach out to the people.
The Patel agitation which has dogged the BJP government for some time was at the back of the mind of the party when during the meeting Amit Shah informed the MPs about the centre's decision to set up a National Commission for Socially and Educationally Backward Classes (NCSEBC), a constitutional body for welfare and addressing the grievances of backward classes.
Terming it a landmark decision, Mr Shah said this commission will lead to substantial improvement in lives of people from backward classes.
Sonia Gandhi, Rahul Oppose Subramanian Swamy's List Of Witnesses In National Herald Case
-
Congress President Sonia Gandhi and her son and party Vice President Rahul Gandhi on Saturday opposed BJP leader Subramanian Swamy's plea seeking examination of Congress leader Janardan Dwivedi and others in the National Herald case.
The defence counsel told Metropolitan Magistrate Lovleen that Mr Swamy's application contemplates to create a situation where a fishing and roving enquiry could be set into motion beyond the scope of the allegations made in the present complaint.
All the accused - the Gandhis, Congress party leaders Motilal Vora, Oscar Fernandes, Suman Dubey, and Sam Pitroda and Young Indian - filed a common reply on the Bharatiya Janata Party (BJP) leader's plea seeking summoning of party General Secretary Dwivedi, Associated Journals' Chief Financial Officer Ashok Gupta, Company Secretary Suresh Kumar Sharma and others as witnesses.
After Mr Swamy sought more time to prepare his argument, the court listed the matter for April 22.
In the list, Mr Swamy also wished to examine officials concerned from the Central Board of Direct Taxes (CBDT), the Registrar of Companies, the Land and Development Office of Ministry of Urban Development and other officials.
Defence counsel Taruannum Cheema said Mr Swamy's application is designed as an attempt to make out a new case, which is impermissible in law.
"The complainant, through this application, is seeking to summon witnesses and call for documents without divulging their necessity and desirability on the basis of the allegations made by him in his complaint," Taruannum Cheema said in the application and pleaded the plea be dismissed with exemplary cost.
She said that witnesses sought to be summoned with documents have no connection with the allegations made in the complaint and the documents are beyond the scope of inquiry set-out in it.
"Moreover, no purpose or relevance of the documents, which the complainant seeks to summon by calling the witnesses enumerated in the instant application, has been disclosed. The entire exercise is for malafide purposes of travelling beyond the realm of the complaint and what was initially alleged in the complaint," Taruannum Cheema added.
Mr Swamy had filed a complaint about "cheating" in acquisition of AJL, which published the National Herald newspaper, by Young Indian, "a firm in which Sonia and Rahul Gandhi each own a 38 per cent stake".
He had accused the Gandhis of allegedly conspiring to cheat and misappropriate funds by just paying Rs. 50 lakh, through which Young Indian obtained right to recover Rs. 90.25 crore that the AJL owed to the Congress.
The defence counsel told Metropolitan Magistrate Lovleen that Mr Swamy's application contemplates to create a situation where a fishing and roving enquiry could be set into motion beyond the scope of the allegations made in the present complaint.
After Mr Swamy sought more time to prepare his argument, the court listed the matter for April 22.
In the list, Mr Swamy also wished to examine officials concerned from the Central Board of Direct Taxes (CBDT), the Registrar of Companies, the Land and Development Office of Ministry of Urban Development and other officials.
Defence counsel Taruannum Cheema said Mr Swamy's application is designed as an attempt to make out a new case, which is impermissible in law.
"The complainant, through this application, is seeking to summon witnesses and call for documents without divulging their necessity and desirability on the basis of the allegations made by him in his complaint," Taruannum Cheema said in the application and pleaded the plea be dismissed with exemplary cost.
She said that witnesses sought to be summoned with documents have no connection with the allegations made in the complaint and the documents are beyond the scope of inquiry set-out in it.
"Moreover, no purpose or relevance of the documents, which the complainant seeks to summon by calling the witnesses enumerated in the instant application, has been disclosed. The entire exercise is for malafide purposes of travelling beyond the realm of the complaint and what was initially alleged in the complaint," Taruannum Cheema added.
Mr Swamy had filed a complaint about "cheating" in acquisition of AJL, which published the National Herald newspaper, by Young Indian, "a firm in which Sonia and Rahul Gandhi each own a 38 per cent stake".
He had accused the Gandhis of allegedly conspiring to cheat and misappropriate funds by just paying Rs. 50 lakh, through which Young Indian obtained right to recover Rs. 90.25 crore that the AJL owed to the Congress.
Business Affairs
Bajaj and Kawasaki to end their decade-old sales alliance in India
-
Bajaj Auto today said it has agreed with Japans Kawasaki to end their decade-old alliance for sales and services in India from next month.
The Pune based company is focusing on its partnership with Austrian firm KTM, under which it has been converting its Probiking outlets, where Kawasaki motorcycles were also sold, into KTM dealerships.
"Kawasaki and Bajaj have mutually arrived at an amicable decision to end their alliance in India from April 1, 2017," Bajaj Auto President (Probiking) Amit Nandi said in a statement.
Consequently, Kawasaki motorcycles will be sold by India Kawasaki Motors Pvt Ltd -- 100 per cent subsidiary of Kawasaki Heavy Industries Japan -- through its dealer network. The unit was established in India in July 2010. It will also provide after sales service, including that for past customers.
"Bajaj and Kawasaki will continue to maintain their co-operative relationship across the rest of the world for current and future businesses," Nandi said.
Bajaj Auto formed an alliance with Kawasaki for the sale and after sales service of Kawasaki motorcycles through its Probiking network in 2009.
"We have progressively converted our Probiking network to be KTM dealerships," Nandi said.
The Bajaj-KTM partnership, launched its first co-developed product, the 200 Duke in 2012.
He said over the last 5 years, KTM achieved a CAGR of 48 per cent and sales volume in 2016-17 is estimated at 37, 000 units.
"Now the Duke & RC models are being offered in five SKUs through the over 300 KTM dealerships in India. Going forward, Bajaj intends to focus on the KTM brand," Nandi said.
Bajaj Auto today said it has agreed with Japans Kawasaki to end their decade-old alliance for sales and services in India from next month.
The Pune based company is focusing on its partnership with Austrian firm KTM, under which it has been converting its Probiking outlets, where Kawasaki motorcycles were also sold, into KTM dealerships.
"Kawasaki and Bajaj have mutually arrived at an amicable decision to end their alliance in India from April 1, 2017," Bajaj Auto President (Probiking) Amit Nandi said in a statement.
Consequently, Kawasaki motorcycles will be sold by India Kawasaki Motors Pvt Ltd -- 100 per cent subsidiary of Kawasaki Heavy Industries Japan -- through its dealer network. The unit was established in India in July 2010. It will also provide after sales service, including that for past customers.
"Bajaj and Kawasaki will continue to maintain their co-operative relationship across the rest of the world for current and future businesses," Nandi said.
Bajaj Auto formed an alliance with Kawasaki for the sale and after sales service of Kawasaki motorcycles through its Probiking network in 2009.
"We have progressively converted our Probiking network to be KTM dealerships," Nandi said.
The Bajaj-KTM partnership, launched its first co-developed product, the 200 Duke in 2012.
He said over the last 5 years, KTM achieved a CAGR of 48 per cent and sales volume in 2016-17 is estimated at 37, 000 units.
"Now the Duke & RC models are being offered in five SKUs through the over 300 KTM dealerships in India. Going forward, Bajaj intends to focus on the KTM brand," Nandi said.
Sebi bans Reliance Industries from equity derivatives trading for 1 year
-
Reliance Industries on Friday said it will challenge the Sebi order in the Reliance Petroleum case before the Securities Appellate Tribunal, terming the regulator's directions as "unjustifiable sanctions".
In a 10-year-old case, Sebi banned Reliance Industries and 12 others from equity derivatives trading for one year and directed the Mukesh Ambani-led firm to disgorge nearly Rs 1,000 crore for alleged fraudulent trading.
"We are in the process of consulting our legal advisors. We propose to prefer an appeal and challenge the order in the Securities Appellate Tribunal. We remain confident of fully justifying the veracity of the transactions and vindicating our stand," Reliance Industries said in a statement.
According to the company, the trades in Reliance Petroleum Ltd (RPL) that were examined by Sebi were genuine and bona fide transactions.
The trades were carried out keeping the best interest of the company and its shareholders in view, the statement noted.
"Sebi appears to have misconstrued the true nature of the transactions and imposed unjustifiable sanctions," the statement said.
Noting that it has "full confidence" in the judicial process, Reliance Industries said, "We propose to vigorously exercise all options available to us to challenge the untenable findings in the order."
Reliance Industries on Friday said it will challenge the Sebi order in the Reliance Petroleum case before the Securities Appellate Tribunal, terming the regulator's directions as "unjustifiable sanctions".
In a 10-year-old case, Sebi banned Reliance Industries and 12 others from equity derivatives trading for one year and directed the Mukesh Ambani-led firm to disgorge nearly Rs 1,000 crore for alleged fraudulent trading.
"We are in the process of consulting our legal advisors. We propose to prefer an appeal and challenge the order in the Securities Appellate Tribunal. We remain confident of fully justifying the veracity of the transactions and vindicating our stand," Reliance Industries said in a statement.
According to the company, the trades in Reliance Petroleum Ltd (RPL) that were examined by Sebi were genuine and bona fide transactions.
The trades were carried out keeping the best interest of the company and its shareholders in view, the statement noted.
"Sebi appears to have misconstrued the true nature of the transactions and imposed unjustifiable sanctions," the statement said.
Noting that it has "full confidence" in the judicial process, Reliance Industries said, "We propose to vigorously exercise all options available to us to challenge the untenable findings in the order."
Congress hits out at Modi govt over declining job growth figures
-
The Congress on Friday hit out at the Narendra Modi government over decline in job growth figures in key sectors in the third quarter, saying its claims do not match with ground realities and the economy is contracting.
Citing official figures, Congress spokesperson Abhishek Singhvi said that eight key sectors including the transport, manufacturing, health, education, hotels and restaurants have seen a decline in the third quarter of this fiscal.
From the figures, he said, it is clear that there is a vast difference between Prime Minister Narendra Modis claims and reality.
"Modi promises more jobs but in the third quarter of this financial year there is an increase of 69,000 jobs against an increase of 1.7 lakh jobs in the previous quarter, which is less by about one-third.
"This is, God forbid, showing a trend of contraction and let us hope that Mr Modis jumlas and claims and the BJPs self congratulatory, self-patting on the back succeeds, otherwise the Indian economy will be prejudiced and hurt irreversibly," he said.
The third quarter figures for October to December 2016-17, Singhvi said, show that eight sectors, which form the engines of the economy, have shown half the growth as compared to the previous quarter.
"Figures show that the growth in third quarter was exactly half of the previous quarter, when only 32,000 new jobs were created against the 77,000 created in second quarter.
"Barring manufacturing and IT, other sectors have suffered a steep decline, and the four badly hit sectors are trade, construction, hotel and restaurant and education, registering an absolute decline of 18,000 jobs," he said.
The Congress leader pointed out that women employment witnessed the sharpest decline in this quarter, as 25,000 jobs have been lost.
"If you take total overall employment figures, it is even more distressing in the comparative previous quarter, addition of jobs is 1.69 lakh i.e. almost 1.70 lakh which of course is way below," he pointed out.
He said one gets clear glimpses that are indications to which way the wind is blowing, not only demonetisation but the general mismanagement of the economy.
The Congress leader also said that the third quarter figure shows there is a clear increase in Current Account Deficit (CAD) despite all the claims of deficit management to USD 7.9 billion almost USD 8 billion against just over USD 7.1 billion.
"So that is almost a billion dollar increase and connected to that in marginal decrease in net FDI to USD 9.8 billion, down from previous figures," he said.
The Congress on Friday hit out at the Narendra Modi government over decline in job growth figures in key sectors in the third quarter, saying its claims do not match with ground realities and the economy is contracting.
Citing official figures, Congress spokesperson Abhishek Singhvi said that eight key sectors including the transport, manufacturing, health, education, hotels and restaurants have seen a decline in the third quarter of this fiscal.
From the figures, he said, it is clear that there is a vast difference between Prime Minister Narendra Modis claims and reality.
"Modi promises more jobs but in the third quarter of this financial year there is an increase of 69,000 jobs against an increase of 1.7 lakh jobs in the previous quarter, which is less by about one-third.
"This is, God forbid, showing a trend of contraction and let us hope that Mr Modis jumlas and claims and the BJPs self congratulatory, self-patting on the back succeeds, otherwise the Indian economy will be prejudiced and hurt irreversibly," he said.
The third quarter figures for October to December 2016-17, Singhvi said, show that eight sectors, which form the engines of the economy, have shown half the growth as compared to the previous quarter.
"Figures show that the growth in third quarter was exactly half of the previous quarter, when only 32,000 new jobs were created against the 77,000 created in second quarter.
"Barring manufacturing and IT, other sectors have suffered a steep decline, and the four badly hit sectors are trade, construction, hotel and restaurant and education, registering an absolute decline of 18,000 jobs," he said.
The Congress leader pointed out that women employment witnessed the sharpest decline in this quarter, as 25,000 jobs have been lost.
"If you take total overall employment figures, it is even more distressing in the comparative previous quarter, addition of jobs is 1.69 lakh i.e. almost 1.70 lakh which of course is way below," he pointed out.
He said one gets clear glimpses that are indications to which way the wind is blowing, not only demonetisation but the general mismanagement of the economy.
The Congress leader also said that the third quarter figure shows there is a clear increase in Current Account Deficit (CAD) despite all the claims of deficit management to USD 7.9 billion almost USD 8 billion against just over USD 7.1 billion.
"So that is almost a billion dollar increase and connected to that in marginal decrease in net FDI to USD 9.8 billion, down from previous figures," he said.
Former RBI chief Bimal Jalan defends Modi govt on GDP calculation, says it's difficult to gather data in India
-
Former RBI Governor Bimal Jalan has defended the government on GDP calculation, saying it is difficult to gather data from every nook and corner of the country.
"It is very difficult statistically to go the remotest area of the country to see what the gross domestic product (GDP) is in terms of value added. And it requires time," Jalan said while speaking at a book launch.
He was speaking at launch of From Narasimha Rao to Narendra Modi by journalist & columnist Swaminathan Aiyar. The book was unveiled by former Prime Minister Manmohan Singh.
The government came under severe criticism from various quarters, while estimating 7 per cent GDP growth for third quarter ended December, discounting affect of demonetisation on the economy.
Jalan said the Central Statistics Office (CSO) has been doing a good job in terms of conducting surveys and census by capturing real statistics of the country.
Speaking about economic reforms India has undertaken since 1991 and the ongoing transformation, Jalan said still India lacks on many counts.
"Despite India is among fastest rising country, why is that it is at the bottom when comes to human development index in terms of education, in terms of literacy and in terms of sanitation," he asked.
He stressed that more power needs to be delegated to institutions and given autonomy, adding, civil servants too need to be given autonomy take decisions to bring about systematic changes.
Despite all the industrial development, rising corporate sector and economy growing at the fastest pace in the world, India lags behind when it comes to transfer of services or benefits to 40 per cent of the population.
"That is the issue that we have to thing about. We are still not able to deliver services to the people. India is the largest democracy then why we grapple with the issue that the largest democracy in the world elect a political class that gives you what we are seeing," he wondered.
"It is the same political class that gave you industrialisation. We are proud of our democracy, then why the political class acts the way it acts," he said.
Former RBI Governor Bimal Jalan has defended the government on GDP calculation, saying it is difficult to gather data from every nook and corner of the country.
"It is very difficult statistically to go the remotest area of the country to see what the gross domestic product (GDP) is in terms of value added. And it requires time," Jalan said while speaking at a book launch.
He was speaking at launch of From Narasimha Rao to Narendra Modi by journalist & columnist Swaminathan Aiyar. The book was unveiled by former Prime Minister Manmohan Singh.
The government came under severe criticism from various quarters, while estimating 7 per cent GDP growth for third quarter ended December, discounting affect of demonetisation on the economy.
Jalan said the Central Statistics Office (CSO) has been doing a good job in terms of conducting surveys and census by capturing real statistics of the country.
Speaking about economic reforms India has undertaken since 1991 and the ongoing transformation, Jalan said still India lacks on many counts.
"Despite India is among fastest rising country, why is that it is at the bottom when comes to human development index in terms of education, in terms of literacy and in terms of sanitation," he asked.
He stressed that more power needs to be delegated to institutions and given autonomy, adding, civil servants too need to be given autonomy take decisions to bring about systematic changes.
Despite all the industrial development, rising corporate sector and economy growing at the fastest pace in the world, India lags behind when it comes to transfer of services or benefits to 40 per cent of the population.
"That is the issue that we have to thing about. We are still not able to deliver services to the people. India is the largest democracy then why we grapple with the issue that the largest democracy in the world elect a political class that gives you what we are seeing," he wondered.
"It is the same political class that gave you industrialisation. We are proud of our democracy, then why the political class acts the way it acts," he said.
Uber reviews leasing scheme as driver incomes drop in India
-
Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters.
Uber had planned to buy 15,000 new cars last year and lease them out in a bid to attract more drivers - a strategy it has used in other markets - but it suspended the scheme for a while in December after leasing just a third of that total.
After burning through millions of dollars over three years in a battle for market share with local rival Ola, backed by Japan's Softbank, Uber has cut the incentives it gives to drivers and raised the fares it charges passengers.
The incentives - from free smartphones to cash bonuses worth as much as double a day's fares - meant drivers could earn as much as 120,000 rupees ($1,838) a month.
Those incentive payments have been pared back, in some cases to as little as 10 percent of fare income. Ride fares have risen to 1.5 rupees per minute of travel from 1 rupee.
The incentives and, to an extent, the leasing scheme aimed at drivers without their own cars, boosted Uber's driver numbers, helping it rapidly gain around 30 percent market share.
Uber has faced challenges elsewhere in Asia, but the stakes are high in India's $12 billion taxi market, a key area after it exited China last year, and one where CEO Travis Kalanick has said it expects to be profitable soon.
Uber has said its services are in 29 Indian cities and it has more than 250,000 drivers on its platform, but it lags Ola, which says it operates in more than 100 cities with about 550,000 drivers.
BUSINESS SHIFT
Two people with knowledge of the matter said Uber miscalculated the impact that the reduced incentives would have on drivers' earnings, especially those making lease payments.
At an open meeting for staff in December, around the time the incentives were being reduced, Uber's India chief Amit Jain said the buying-for-lease scheme was being temporarily suspended while the company evaluated its leasing strategy, one of the sources said.
Uber did not comment on Reuters queries related to Jain's announcement or the impact of the incentives cuts on its leasing program.
Raj Beri, business head for leasing in India, said the scheme was set up to help drivers without cars get on its platform and make money. "We are very pleased with our progress toward this goal so far, and look forward to introducing the opportunity to more prospective driver partners this year," he said in a statement.
In a recent blog post on Uber's website, Jain defended the cuts to driver incentives and signaled a strategic shift for India. "We can shift from start-up mode to a more sustainable business model," he wrote.
"NO BENEFIT IN LEASING"
Leasing is only a small part of Uber's overall supply in India, but is seen as a way to lock drivers on to its platform for longer, and stop them switching to Ola.
To lease a new small car through Uber's scheme, drivers pay a 33,000 rupee ($499) deposit - less than what they would pay to buy a car from a dealer with a bank loan. But weekly payments of about 5,500 rupees over three years add up to nearly double what drivers would pay to service a car loan.
That wasn't an issue when incentives were high.
Several Uber drivers said they feel trapped as a surge in the number of cars on Uber's platform has led to fewer rides, at a time when incentives have been cut, making it harder to keep up lease payments.
"I'll not be able to save even 10,000 rupees a month," said Arjun Chouhan, 38, an Uber driver in Delhi who has leased a car. "There's no benefit in leasing. What if I'm unwell? They don't listen."
n a dusty car lot on Delhi's outskirts, guards told Reuters that dozens of cars standing idle belonged to Uber and had been returned by drivers.
When Reuters phoned Xchange Leasing, Uber's local leasing arm that has an office near the car park, officials said no new cars were currently being leased out. One said the priority was to lease those cars returned by drivers, and it could be 2-3 months before new cars would again be offered.
An Uber spokesman said the company doesn't comment on "anonymous speculation".
As part of its review, Uber may reduce the three-year lease term and let two drivers share the rent on a car, one of the sources said.
Uber did not comment on its leasing targets or the future of the scheme.
"People left well-paying jobs to drive an Uber," said Sandeep, another Delhi driver, adding his monthly ride income has nearly halved to 60,000 rupees in two years, despite working longer hours.
"We were tempted at the thought of becoming millionaires."
Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters.
Uber had planned to buy 15,000 new cars last year and lease them out in a bid to attract more drivers - a strategy it has used in other markets - but it suspended the scheme for a while in December after leasing just a third of that total.
After burning through millions of dollars over three years in a battle for market share with local rival Ola, backed by Japan's Softbank, Uber has cut the incentives it gives to drivers and raised the fares it charges passengers.
The incentives - from free smartphones to cash bonuses worth as much as double a day's fares - meant drivers could earn as much as 120,000 rupees ($1,838) a month.
Those incentive payments have been pared back, in some cases to as little as 10 percent of fare income. Ride fares have risen to 1.5 rupees per minute of travel from 1 rupee.
The incentives and, to an extent, the leasing scheme aimed at drivers without their own cars, boosted Uber's driver numbers, helping it rapidly gain around 30 percent market share.
Uber has faced challenges elsewhere in Asia, but the stakes are high in India's $12 billion taxi market, a key area after it exited China last year, and one where CEO Travis Kalanick has said it expects to be profitable soon.
Uber has said its services are in 29 Indian cities and it has more than 250,000 drivers on its platform, but it lags Ola, which says it operates in more than 100 cities with about 550,000 drivers.
BUSINESS SHIFT
Two people with knowledge of the matter said Uber miscalculated the impact that the reduced incentives would have on drivers' earnings, especially those making lease payments.
At an open meeting for staff in December, around the time the incentives were being reduced, Uber's India chief Amit Jain said the buying-for-lease scheme was being temporarily suspended while the company evaluated its leasing strategy, one of the sources said.
Uber did not comment on Reuters queries related to Jain's announcement or the impact of the incentives cuts on its leasing program.
Raj Beri, business head for leasing in India, said the scheme was set up to help drivers without cars get on its platform and make money. "We are very pleased with our progress toward this goal so far, and look forward to introducing the opportunity to more prospective driver partners this year," he said in a statement.
In a recent blog post on Uber's website, Jain defended the cuts to driver incentives and signaled a strategic shift for India. "We can shift from start-up mode to a more sustainable business model," he wrote.
"NO BENEFIT IN LEASING"
Leasing is only a small part of Uber's overall supply in India, but is seen as a way to lock drivers on to its platform for longer, and stop them switching to Ola.
To lease a new small car through Uber's scheme, drivers pay a 33,000 rupee ($499) deposit - less than what they would pay to buy a car from a dealer with a bank loan. But weekly payments of about 5,500 rupees over three years add up to nearly double what drivers would pay to service a car loan.
That wasn't an issue when incentives were high.
Several Uber drivers said they feel trapped as a surge in the number of cars on Uber's platform has led to fewer rides, at a time when incentives have been cut, making it harder to keep up lease payments.
"I'll not be able to save even 10,000 rupees a month," said Arjun Chouhan, 38, an Uber driver in Delhi who has leased a car. "There's no benefit in leasing. What if I'm unwell? They don't listen."
n a dusty car lot on Delhi's outskirts, guards told Reuters that dozens of cars standing idle belonged to Uber and had been returned by drivers.
When Reuters phoned Xchange Leasing, Uber's local leasing arm that has an office near the car park, officials said no new cars were currently being leased out. One said the priority was to lease those cars returned by drivers, and it could be 2-3 months before new cars would again be offered.
An Uber spokesman said the company doesn't comment on "anonymous speculation".
As part of its review, Uber may reduce the three-year lease term and let two drivers share the rent on a car, one of the sources said.
Uber did not comment on its leasing targets or the future of the scheme.
"People left well-paying jobs to drive an Uber," said Sandeep, another Delhi driver, adding his monthly ride income has nearly halved to 60,000 rupees in two years, despite working longer hours.
"We were tempted at the thought of becoming millionaires."
General Awareness
General Awareness Practice MCQs for All Bank Exams
-
1. Who became the first Indian batsman to face 500 balls in a Test innings?
1) Virat Kohli
2) K.L. Rahul
3) Rahul Dravid
4) Cheteshwar Pujara
5) Murali Vijay
2. Which country topped the World Happiness Report 2017?
1) Norway
2) Denmark
3) Iceland
4) Switzerland
5) Finland
3. What is India's rank out of 155 countries in the World Happiness Report 2017?
1) 118
2) 120
3) 122
4) 124
5) None of these
4. Who became the new Chief Minister of Uttar Pradesh on March 19, 2017?
1) Dinesh Sharma
2) Keshav Prasad Maurya
3) Siddharth Nath Singh
4) Yogi Adityanath
5) Suresh Khanna
5. Sir David Cox of UK won which of he following awards/prizes in 2016?
1) Man Booker Prize
2) Fields Medal
3) Abel Prize
4) Nobel Prize in Physics
5) International Prize in Statistics
6. Who has been appointed as the Chairperson of the Lok Sabha Privileges Committee?
1) Dimple Yadav
2) Krishna Raj
3) Meenakshi Lekhi
4) Poonam Mahajan
5) Pritam Munde
7. What is the maximum amount that can be deposited in Sukanya Samridhi Account (SSA)?
1) Rs 1 lakh per annum
2) Rs 1.5 lakh per annum
3) Rs 10 lakh per annum
4) Rs 5 lakh per annum
5) No limit
8. Which of the following is an association of banks dealing in foreign exchange as a self regulatory body?
1) IBA
2) SEBI
3) FEMA
4) FEDAI
5) None of these
9. Ramesh Pokhriyal Nishank has been conferred with an award by Uganda for promoting human
values through his literature. He is the former Chief Minister of?
1) Sikkim
2) Chhattisgarh
3) Uttarakhand
4) Meghalaya
5) Jharkhand
10. Who among the following Nobel laureates has contributed to contract theory?
1) Bernard Feringa
2) J. Fraser Stoddart
3) Duncan Haldane
4) Bengt Holmstrom
5) Michael Kosterlitz
11. In which State is Chinnar Wildlife Sanctuary located?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha
12. Which of the following statements is not correct?
1) Bank deposits are insured by DICGC for a maximum amount of Rs. 1 lakh per depositor per bank
2) Prakash Javadekar is the present Union Human Resources Development Minister
3) Pradhan Mantri Fasal Bima Yojana is a crop insurance scheme
4) International day of Yoga is celebrated on June 21
5) Bank of Baroda is the first public sector bank to offer wealth management service
13. Which is the sole reinsurance company in India?
1) Life Insurance Corporation
2) National Insurance Company
3) General Insurance Corporation
4) New India Assurance Company
5) None of these
14. The rate of interest on savings account deposits is decided by?
1) RBI
2) Ministry of Finance
3) IBA
4) Individual Banks
5) None of these
15. The Monetary Policy Committee (MPC) is headed by the?
1) Finance Minister
2) Vice Chairman of NITI Aayog
3) CEO of NITI Aayog
4) Finance Secretary
5) RBI Governor
16. The Bhimbetka rock shelters, a World Heritage Site, is located in the Raisen district in?
1) Jharkhand
2) Bihar
3) Madhya Pradesh
4) Uttar Pradesh
5) Odisha
17. The 2019 Cricket World Cup is scheduled to be hosted by?
1) Australia and New Zealand
2) England and Wales
3) India and Sri Lanka
4) India and Bangladesh
5) None of these
18. How many entities were given licenses for setting up small finance banks by the Reserve Bank
of India out of a total of 72 applicants?
1) 15
2) 22
3) 25
4) 10
5) None of these
19. India's first spice museum will come up in?
1) Chennai
2) New Delhi
3) Kochi
4) Mumbai
5) Cuttack
20. A Banking Ombudsman is appointed by the?
1) President of India
2) Finance Minister
3) RBI
4) Lead Bank of the State
5) None of these
21. With which game is Sultan Azlan Shah Cup associated?
1) Hockey
2) Cricket
3) Badminton
4) Tennis
5) Football
22. Canara Bank is headquartered in?
1) Madurai
2) Bangalore
3) Kochi
4) Chennai
5) Pune
23. The world's most expensive train station was opened recently in?
1) Tokyo
2) Beijing
3) New York
4) Shanghai
5) Hong Kong
24. What is the full form of MUDRA?
1) Micro Units Development and Regulating Agency
2) Micro Units Development and Registration Agency
3) Major Units Development and Refinance Agency
4) Micro Units Development and Refinance Agency
5) None of these
25. The Central Board of Direct Taxes (CBDT) has launched which of the following, for online redressal of taxpayers' grievances?
1) e - abhay
2) e - nivaran
3) e - tax
4) e - IT
5) e - grievances
26. Vembanad Lake is the longest lake in India. It is in the State of?
1) Tamil Nadu
2) Goa
3) Kerala
4) Karnataka
5) Odisha
27. Former BCCI President Anurag Thakur is a member of Lok Sabha from Hamirpur in?
1) Rajasthan
2) Himachal Pradesh
3) Uttarakhand
4) Uttar Pradesh
5) Madhya Pradesh
28. SETU (Self-Employment and Talent Utilization) is a program that supports all aspects of start up businesses and other selfemployment activities. It is established under?
1) NABARD
2) SIDBI
3) RBI
4) NITI Aayog
5) None of these
29. The State Bank of India has introduced “SBI Shaurya Home Loan” for?
1) Central government employees
2) Senior citizens
3) Defense personnel
4) Rural women
5) Corporate women executives
30. World Rabies Day is observed on September 28, the death anniversary of?
1) Robert Koch
2) Louis Pasteur
3) Ferdinand Cohn
4) Antoni van Leeuwenhoek
5) David Bruce
31. Ringgit is the currency of which of the following countries?
1) Malaysia
2) Bhutan
3) Thailand
4) South Korea
5) North Korea
32. The United Nations World Tourism Organization (UNWTO) is headquartered in?
1) New York, USA
2) Madrid , Spain
3) Geneva, Switzerland
4) The Hague, Netherlands
5) Zurich, Switzerland
33. PMKVY scheme is related to?
1) Irrigation
2) Solar energy
3) Skill training
4) Roads
5) Sanitation
34. The Reserve Bank of India prepares Financial Stability Report every?
1) Three months
2) Six months
3) Year
4) Month
5) Two years
35. Rabobank is headquartered in Utrecht in?
1) Finland
2) France
3) Norway
4) Spain
5) Netherlands
36. The Tripura Sundari Express runs between Agartala and?
1) Dhaka
2) Kolkata
3) Delhi
4) Patna
5) Kanpur
37. ONICRA is a leading?
1) Non Banking Financial Company
2) Credit and Performance Rating Agency
3) White Label ATM Operator
4) Asset Reconstruction Company
5) None of these
38. IOM is an intergovernmental organization headquartered in Geneva, Switzerland. IOM stands for?
1) International Organization for Migration
2) International Organization for Maritime
3) Interstate Organization for Maritime
4) Interstate Organization for Migration
5) None of these
39. Which of the following is not a financial regulator in India?
1) RBI
2) SEBI
3) IRDA
4) PFRDA
5) IBA
40. Pawan Chamling was conferred with the prestigious 2016 Sustainable Development Leadership
Award by the President Pranab Mukherjee. Pawan Chamling is the Chief Minister of?
1) Nagaland
2) Tripura
3) Meghalaya
4) Sikkim
5) Manipur
ANSWERS:
1) 4 2) 1 3) 3 4) 4 5) 5 6) 3 7) 2 8) 4 9) 3 10) 4
11) 1 12) 5 13) 3 14) 4 15) 5 16) 3 17) 2 18) 4 19) 3 20) 3
21) 1 22) 2 23) 3 24) 4 25) 2 26) 3 27) 2 28) 4 29) 3 30) 2
31) 1 32) 2 33) 3 34) 2 35) 5 36) 3 37) 2 38) 1 39) 5 40) 4
1. Who became the first Indian batsman to face 500 balls in a Test innings?
1) Virat Kohli
2) K.L. Rahul
3) Rahul Dravid
4) Cheteshwar Pujara
5) Murali Vijay
2. Which country topped the World Happiness Report 2017?
1) Norway
2) Denmark
3) Iceland
4) Switzerland
5) Finland
3. What is India's rank out of 155 countries in the World Happiness Report 2017?
1) 118
2) 120
3) 122
4) 124
5) None of these
4. Who became the new Chief Minister of Uttar Pradesh on March 19, 2017?
1) Dinesh Sharma
2) Keshav Prasad Maurya
3) Siddharth Nath Singh
4) Yogi Adityanath
5) Suresh Khanna
5. Sir David Cox of UK won which of he following awards/prizes in 2016?
1) Man Booker Prize
2) Fields Medal
3) Abel Prize
4) Nobel Prize in Physics
5) International Prize in Statistics
6. Who has been appointed as the Chairperson of the Lok Sabha Privileges Committee?
1) Dimple Yadav
2) Krishna Raj
3) Meenakshi Lekhi
4) Poonam Mahajan
5) Pritam Munde
7. What is the maximum amount that can be deposited in Sukanya Samridhi Account (SSA)?
1) Rs 1 lakh per annum
2) Rs 1.5 lakh per annum
3) Rs 10 lakh per annum
4) Rs 5 lakh per annum
5) No limit
8. Which of the following is an association of banks dealing in foreign exchange as a self regulatory body?
1) IBA
2) SEBI
3) FEMA
4) FEDAI
5) None of these
9. Ramesh Pokhriyal Nishank has been conferred with an award by Uganda for promoting human
values through his literature. He is the former Chief Minister of?
1) Sikkim
2) Chhattisgarh
3) Uttarakhand
4) Meghalaya
5) Jharkhand
10. Who among the following Nobel laureates has contributed to contract theory?
1) Bernard Feringa
2) J. Fraser Stoddart
3) Duncan Haldane
4) Bengt Holmstrom
5) Michael Kosterlitz
11. In which State is Chinnar Wildlife Sanctuary located?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha
12. Which of the following statements is not correct?
1) Bank deposits are insured by DICGC for a maximum amount of Rs. 1 lakh per depositor per bank
2) Prakash Javadekar is the present Union Human Resources Development Minister
3) Pradhan Mantri Fasal Bima Yojana is a crop insurance scheme
4) International day of Yoga is celebrated on June 21
5) Bank of Baroda is the first public sector bank to offer wealth management service
13. Which is the sole reinsurance company in India?
1) Life Insurance Corporation
2) National Insurance Company
3) General Insurance Corporation
4) New India Assurance Company
5) None of these
14. The rate of interest on savings account deposits is decided by?
1) RBI
2) Ministry of Finance
3) IBA
4) Individual Banks
5) None of these
15. The Monetary Policy Committee (MPC) is headed by the?
1) Finance Minister
2) Vice Chairman of NITI Aayog
3) CEO of NITI Aayog
4) Finance Secretary
5) RBI Governor
16. The Bhimbetka rock shelters, a World Heritage Site, is located in the Raisen district in?
1) Jharkhand
2) Bihar
3) Madhya Pradesh
4) Uttar Pradesh
5) Odisha
17. The 2019 Cricket World Cup is scheduled to be hosted by?
1) Australia and New Zealand
2) England and Wales
3) India and Sri Lanka
4) India and Bangladesh
5) None of these
18. How many entities were given licenses for setting up small finance banks by the Reserve Bank
of India out of a total of 72 applicants?
1) 15
2) 22
3) 25
4) 10
5) None of these
19. India's first spice museum will come up in?
1) Chennai
2) New Delhi
3) Kochi
4) Mumbai
5) Cuttack
20. A Banking Ombudsman is appointed by the?
1) President of India
2) Finance Minister
3) RBI
4) Lead Bank of the State
5) None of these
21. With which game is Sultan Azlan Shah Cup associated?
1) Hockey
2) Cricket
3) Badminton
4) Tennis
5) Football
22. Canara Bank is headquartered in?
1) Madurai
2) Bangalore
3) Kochi
4) Chennai
5) Pune
23. The world's most expensive train station was opened recently in?
1) Tokyo
2) Beijing
3) New York
4) Shanghai
5) Hong Kong
24. What is the full form of MUDRA?
1) Micro Units Development and Regulating Agency
2) Micro Units Development and Registration Agency
3) Major Units Development and Refinance Agency
4) Micro Units Development and Refinance Agency
5) None of these
25. The Central Board of Direct Taxes (CBDT) has launched which of the following, for online redressal of taxpayers' grievances?
1) e - abhay
2) e - nivaran
3) e - tax
4) e - IT
5) e - grievances
26. Vembanad Lake is the longest lake in India. It is in the State of?
1) Tamil Nadu
2) Goa
3) Kerala
4) Karnataka
5) Odisha
27. Former BCCI President Anurag Thakur is a member of Lok Sabha from Hamirpur in?
1) Rajasthan
2) Himachal Pradesh
3) Uttarakhand
4) Uttar Pradesh
5) Madhya Pradesh
28. SETU (Self-Employment and Talent Utilization) is a program that supports all aspects of start up businesses and other selfemployment activities. It is established under?
1) NABARD
2) SIDBI
3) RBI
4) NITI Aayog
5) None of these
29. The State Bank of India has introduced “SBI Shaurya Home Loan” for?
1) Central government employees
2) Senior citizens
3) Defense personnel
4) Rural women
5) Corporate women executives
30. World Rabies Day is observed on September 28, the death anniversary of?
1) Robert Koch
2) Louis Pasteur
3) Ferdinand Cohn
4) Antoni van Leeuwenhoek
5) David Bruce
31. Ringgit is the currency of which of the following countries?
1) Malaysia
2) Bhutan
3) Thailand
4) South Korea
5) North Korea
32. The United Nations World Tourism Organization (UNWTO) is headquartered in?
1) New York, USA
2) Madrid , Spain
3) Geneva, Switzerland
4) The Hague, Netherlands
5) Zurich, Switzerland
33. PMKVY scheme is related to?
1) Irrigation
2) Solar energy
3) Skill training
4) Roads
5) Sanitation
34. The Reserve Bank of India prepares Financial Stability Report every?
1) Three months
2) Six months
3) Year
4) Month
5) Two years
35. Rabobank is headquartered in Utrecht in?
1) Finland
2) France
3) Norway
4) Spain
5) Netherlands
36. The Tripura Sundari Express runs between Agartala and?
1) Dhaka
2) Kolkata
3) Delhi
4) Patna
5) Kanpur
37. ONICRA is a leading?
1) Non Banking Financial Company
2) Credit and Performance Rating Agency
3) White Label ATM Operator
4) Asset Reconstruction Company
5) None of these
38. IOM is an intergovernmental organization headquartered in Geneva, Switzerland. IOM stands for?
1) International Organization for Migration
2) International Organization for Maritime
3) Interstate Organization for Maritime
4) Interstate Organization for Migration
5) None of these
39. Which of the following is not a financial regulator in India?
1) RBI
2) SEBI
3) IRDA
4) PFRDA
5) IBA
40. Pawan Chamling was conferred with the prestigious 2016 Sustainable Development Leadership
Award by the President Pranab Mukherjee. Pawan Chamling is the Chief Minister of?
1) Nagaland
2) Tripura
3) Meghalaya
4) Sikkim
5) Manipur
ANSWERS:
1) 4 2) 1 3) 3 4) 4 5) 5 6) 3 7) 2 8) 4 9) 3 10) 4
11) 1 12) 5 13) 3 14) 4 15) 5 16) 3 17) 2 18) 4 19) 3 20) 3
21) 1 22) 2 23) 3 24) 4 25) 2 26) 3 27) 2 28) 4 29) 3 30) 2
31) 1 32) 2 33) 3 34) 2 35) 5 36) 3 37) 2 38) 1 39) 5 40) 4
1) Virat Kohli
2) K.L. Rahul
3) Rahul Dravid
4) Cheteshwar Pujara
5) Murali Vijay
2. Which country topped the World Happiness Report 2017?
1) Norway
2) Denmark
3) Iceland
4) Switzerland
5) Finland
3. What is India's rank out of 155 countries in the World Happiness Report 2017?
1) 118
2) 120
3) 122
4) 124
5) None of these
4. Who became the new Chief Minister of Uttar Pradesh on March 19, 2017?
1) Dinesh Sharma
2) Keshav Prasad Maurya
3) Siddharth Nath Singh
4) Yogi Adityanath
5) Suresh Khanna
5. Sir David Cox of UK won which of he following awards/prizes in 2016?
1) Man Booker Prize
2) Fields Medal
3) Abel Prize
4) Nobel Prize in Physics
5) International Prize in Statistics
6. Who has been appointed as the Chairperson of the Lok Sabha Privileges Committee?
1) Dimple Yadav
2) Krishna Raj
3) Meenakshi Lekhi
4) Poonam Mahajan
5) Pritam Munde
7. What is the maximum amount that can be deposited in Sukanya Samridhi Account (SSA)?
1) Rs 1 lakh per annum
2) Rs 1.5 lakh per annum
3) Rs 10 lakh per annum
4) Rs 5 lakh per annum
5) No limit
8. Which of the following is an association of banks dealing in foreign exchange as a self regulatory body?
1) IBA
2) SEBI
3) FEMA
4) FEDAI
5) None of these
9. Ramesh Pokhriyal Nishank has been conferred with an award by Uganda for promoting human
values through his literature. He is the former Chief Minister of?
1) Sikkim
2) Chhattisgarh
3) Uttarakhand
4) Meghalaya
5) Jharkhand
10. Who among the following Nobel laureates has contributed to contract theory?
1) Bernard Feringa
2) J. Fraser Stoddart
3) Duncan Haldane
4) Bengt Holmstrom
5) Michael Kosterlitz
11. In which State is Chinnar Wildlife Sanctuary located?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha
12. Which of the following statements is not correct?
1) Bank deposits are insured by DICGC for a maximum amount of Rs. 1 lakh per depositor per bank
2) Prakash Javadekar is the present Union Human Resources Development Minister
3) Pradhan Mantri Fasal Bima Yojana is a crop insurance scheme
4) International day of Yoga is celebrated on June 21
5) Bank of Baroda is the first public sector bank to offer wealth management service
13. Which is the sole reinsurance company in India?
1) Life Insurance Corporation
2) National Insurance Company
3) General Insurance Corporation
4) New India Assurance Company
5) None of these
14. The rate of interest on savings account deposits is decided by?
1) RBI
2) Ministry of Finance
3) IBA
4) Individual Banks
5) None of these
15. The Monetary Policy Committee (MPC) is headed by the?
1) Finance Minister
2) Vice Chairman of NITI Aayog
3) CEO of NITI Aayog
4) Finance Secretary
5) RBI Governor
16. The Bhimbetka rock shelters, a World Heritage Site, is located in the Raisen district in?
1) Jharkhand
2) Bihar
3) Madhya Pradesh
4) Uttar Pradesh
5) Odisha
17. The 2019 Cricket World Cup is scheduled to be hosted by?
1) Australia and New Zealand
2) England and Wales
3) India and Sri Lanka
4) India and Bangladesh
5) None of these
18. How many entities were given licenses for setting up small finance banks by the Reserve Bank
of India out of a total of 72 applicants?
1) 15
2) 22
3) 25
4) 10
5) None of these
19. India's first spice museum will come up in?
1) Chennai
2) New Delhi
3) Kochi
4) Mumbai
5) Cuttack
20. A Banking Ombudsman is appointed by the?
1) President of India
2) Finance Minister
3) RBI
4) Lead Bank of the State
5) None of these
21. With which game is Sultan Azlan Shah Cup associated?
1) Hockey
2) Cricket
3) Badminton
4) Tennis
5) Football
22. Canara Bank is headquartered in?
1) Madurai
2) Bangalore
3) Kochi
4) Chennai
5) Pune
23. The world's most expensive train station was opened recently in?
1) Tokyo
2) Beijing
3) New York
4) Shanghai
5) Hong Kong
24. What is the full form of MUDRA?
1) Micro Units Development and Regulating Agency
2) Micro Units Development and Registration Agency
3) Major Units Development and Refinance Agency
4) Micro Units Development and Refinance Agency
5) None of these
25. The Central Board of Direct Taxes (CBDT) has launched which of the following, for online redressal of taxpayers' grievances?
1) e - abhay
2) e - nivaran
3) e - tax
4) e - IT
5) e - grievances
26. Vembanad Lake is the longest lake in India. It is in the State of?
1) Tamil Nadu
2) Goa
3) Kerala
4) Karnataka
5) Odisha
27. Former BCCI President Anurag Thakur is a member of Lok Sabha from Hamirpur in?
1) Rajasthan
2) Himachal Pradesh
3) Uttarakhand
4) Uttar Pradesh
5) Madhya Pradesh
28. SETU (Self-Employment and Talent Utilization) is a program that supports all aspects of start up businesses and other selfemployment activities. It is established under?
1) NABARD
2) SIDBI
3) RBI
4) NITI Aayog
5) None of these
29. The State Bank of India has introduced “SBI Shaurya Home Loan” for?
1) Central government employees
2) Senior citizens
3) Defense personnel
4) Rural women
5) Corporate women executives
30. World Rabies Day is observed on September 28, the death anniversary of?
1) Robert Koch
2) Louis Pasteur
3) Ferdinand Cohn
4) Antoni van Leeuwenhoek
5) David Bruce
31. Ringgit is the currency of which of the following countries?
1) Malaysia
2) Bhutan
3) Thailand
4) South Korea
5) North Korea
32. The United Nations World Tourism Organization (UNWTO) is headquartered in?
1) New York, USA
2) Madrid , Spain
3) Geneva, Switzerland
4) The Hague, Netherlands
5) Zurich, Switzerland
33. PMKVY scheme is related to?
1) Irrigation
2) Solar energy
3) Skill training
4) Roads
5) Sanitation
34. The Reserve Bank of India prepares Financial Stability Report every?
1) Three months
2) Six months
3) Year
4) Month
5) Two years
35. Rabobank is headquartered in Utrecht in?
1) Finland
2) France
3) Norway
4) Spain
5) Netherlands
36. The Tripura Sundari Express runs between Agartala and?
1) Dhaka
2) Kolkata
3) Delhi
4) Patna
5) Kanpur
37. ONICRA is a leading?
1) Non Banking Financial Company
2) Credit and Performance Rating Agency
3) White Label ATM Operator
4) Asset Reconstruction Company
5) None of these
38. IOM is an intergovernmental organization headquartered in Geneva, Switzerland. IOM stands for?
1) International Organization for Migration
2) International Organization for Maritime
3) Interstate Organization for Maritime
4) Interstate Organization for Migration
5) None of these
39. Which of the following is not a financial regulator in India?
1) RBI
2) SEBI
3) IRDA
4) PFRDA
5) IBA
40. Pawan Chamling was conferred with the prestigious 2016 Sustainable Development Leadership
Award by the President Pranab Mukherjee. Pawan Chamling is the Chief Minister of?
1) Nagaland
2) Tripura
3) Meghalaya
4) Sikkim
5) Manipur
ANSWERS:
1) 4 2) 1 3) 3 4) 4 5) 5 6) 3 7) 2 8) 4 9) 3 10) 4
11) 1 12) 5 13) 3 14) 4 15) 5 16) 3 17) 2 18) 4 19) 3 20) 3
21) 1 22) 2 23) 3 24) 4 25) 2 26) 3 27) 2 28) 4 29) 3 30) 2
31) 1 32) 2 33) 3 34) 2 35) 5 36) 3 37) 2 38) 1 39) 5 40) 4
No comments:
Post a Comment