National Bravery Awards

Prime Minister Narendra Modi on 24 January 2015 presented National Bravery Awards 2014 to 24 awards.
8 girls and 16 boys were conferred with National Bravery Awards. Four of them have been awarded posthumously. The awardees receive a medal, certificate and cash incentive. Also, they will participate in the Republic Day parade.
In addition, Indian Council for Child Welfare (ICCW) provides financial assistance under its Indira Gandhi Scholarship Scheme to those undertaking professional courses such as engineering and medicine. For the others, this assistance is provided till they complete their graduation. The Government of India has reserved some seats for the awardees in medical and engineering colleges and polytechnics.
The selection was made by a high powered committee comprising representatives of various Ministries/Departments, non-governmental organisations as well as Office Bearers of ICCW.

The lists of awardees are

Sanjay Chopra Award
•Devesh Kumar                          

Bapu Gaidhani Award 
•Monika                                          
•Rumoh Meto                         
•Riya Chaudhary                      

Geeta Chopra Award
•Gunjan Sharma                          

Bharat Award
•Resham Fatma                         
General National Bravery Award
•Aqil Mohammad N K            
•Anjith. P             
•Gaurav Kumar Bharti         
•Hiral Jitubhai Halpati         
•Midhun P P             
•Ripa Das         
•Zeal Jitendra Marathe         
•Rajdeep Das             
•Stevenson Lawriniang          
•Ashwini Bandu Ughade             
•Gaurav Kumar Bharti             
•L. Brainson Singh               
•Labhanshu                       
•G. Tooldev Sharma               
•Mhonbeni Equng                  
•Mesak K. Remnalalnghaka         
•Sahanesh R                   
•Balram Dansena                 

About the National Bravery Awards

The National Bravery Award was initiated by the ICCW to give due recognition to the children who distinguish themselves by performing outstanding deeds of bravery and meritorious service and to inspire other children to emulate their examples.
It was in 1957 that two children – a boy and a girl – were first rewarded for their presence of mind and courage. Since then ICCW decided to confer national awards on children every year.
In 1987-88 ICCW instituted the Bharat Award for an exceptionally outstanding, meritorious and gallant deed. The other special awards include the Geeta Chopra and Sanjay Chopra awards (instituted by ICCW in 1978) and the BapuGaidhani Awards (instituted in 1988-89).
Since the inception of the scheme in 1957, the ICCW has given awards to 895 brave children - 634 boys and 261 girls.

Padma Awards 2015

Padma Vibhushan
1 LK Advani- Public Affairs- Gujarat
2 Amitabh Bachchan- Art- Maharashtra
3 Prakash Singh Badal- Public Affairs- Punjab
4 Dr D Veerendra Heggade- Social Work- Karnataka
5 Mohammad Yusuf Khan alias Dilip Kumar- Art- Maharashtra
6 Jagadguru Ramanandacharya Swami Rambhadracharya- Others- Uttar Pradesh
7 Prof Malur Ramaswamy Srinivasan- Science and Engineering- Tamil Nadu
8 Kottayan K. Venugopal- Public Affairs- Delhi
9 Karim Al Hussaini Aga Khan (Foreigner)- Trade and Industry- France/UK
##### Padma Bhushan:
1 Jahnu Barua- Art- Assam
2 Dr Vijay Bhatkar- Science and Engineering- Maharashtra
3 Shri Swapan Dasgupta- Literature and Education- Delhi
4 Swami Satyamitranand Giri- Others- Uttar Pradesh
5 N Gopalaswami- Civil Service- Tamil Nadu
6 Dr Subhash C Kashyap- Public Affairs- Delhi
7 Dr (Pandit) Gokulotsavji Maharaj- Art- Madhya Pradesh
8 Dr Ambrish Mithal- Medicine - Delhi
9 Sudha Ragunathan- Art- Tamil Nadu
10 Shri Harish Salve- Public Affairs- Delhi
11 Dr Ashok Seth- Medicine- Delhi
12 Rajat Sharma- Literature and Education- Delhi
13 Satpal- Sports- Delhi
14 Shivakumara Swami- Others- Karnataka
15 Dr Kharag Singh Valdiya- Science and Engineering- Karnataka
16 Prof Manjul Bhargava (NRI/PIO)- Science and Engineering- USA
17 David Frawley (Vamadeva) (Foreigner)- Others- USA
18 Bill Gates (Foreigner)- Social Work- USA
19 Melinda Gates (Foreigner)- Social Work- USA
20 Saichiro Misumi (Foreigner)- Others- Japan
######## Padma Shri
1 Dr Manjula Anagani- Medicine- Telangana
2 S Arunan- Science and Engineering- Karnataka
3 Kanyakumari Avasarala- Art- Tamil Nadu

Sukanya Samriddhi Account

Prime Minister Narendra Modi on 22 January 2015 launched a small deposit scheme Sukanya Samridhi Yojana for girl child under the Beti Bachao Beti Padhao (BBBP) campaign.

The scheme will ensure equitable share to a girl child in resources and savings of a family in which she is generally discriminated against a male child.

Sukanya Samridhi Yojana will enable parents to open bank accounts of girls who are under 10 years of age. 

About the Sukanya Samridhi Account

• Sukanya Samridhi Account will fetch an interest rate of 9.1 percent and provide income tax rebate.

• Sukanya Samridhi Account can be opened at any time from the birth of a girl child till she attains the age of 10 years with a minimum deposit of 1000 rupees. 

• A maximum of 1.5 lakh rupees can be deposited during the financial year. The account can be opened in any post office or authorised branches of commercial banks.

• The account will remain operative for 21 years from the date of opening of the account or marriage of the girl child after attaining 18 years of age.

• To meet the requirement of higher education expenses, partial withdrawal of 50 percent of the balance amount will be allowed after the girl child has attended 18 years of age.

Marketing Terms

USP:-Unique Selling Proposition.
HNI:-High Net worth Individual.
EOQ:-Economic Order quality.
FDR:-Fixed Deposit Receipts.
CNP:-Cardholder Not Present.
PIN:-Personal Identification Number.
SEO:-Search Engine Optimization.
SME:-Small and Medium Enterprises.
CRM:-Customer Relationship Management.
BPO:-Business Process Outsourcing.
VAT:-Value Added Tax.
MR:-Marginal Revenue.
PAN:-Permanent Account Number.
BEP:-Break Even Point.
NPA:-Non Performing Assets.
ATM:-Automated Teller Machine.
ROA:-Return on Assets.
M & A:-Mergers & Acquisition.
SEBI:-Securities Exchange Board of India.

GK + Marketing + Computer Question & Answer

1. The Export-Import Bank of India (Exim Bank) has, at the behest of the Govt of India, extended a Line of Credit of $89.90 mn to which of the following countries, for developing transportation system recently?

1) Cameroon 2) Republic of Congo 3) Tanzania 4) Kenya 5) None of these

2. Which among the following bodies releases Exchange Control Manual regarding foreign exchange in India?

1) FIPP 2) CCI 3) SEBI 4) RBI 5) None of these

3. The new Wholesale Price Index (WPI) series is expected to be operational from either the next financial year or the middle of 2014-15. Which of the following is NOT correct with respect to the recommendations of a high-powered committee on revamping WPI?

1) New WPI to have 2009-10 as the base year, against 2004-05 at present. 2) It will give flexibility to the govt to shift the base to 2011-12 subsequently. 3) Prices to be collected from more centres. 4) Weight of primary articles, fuel and power will decline in new WPI. 5) Weight of manufactured products will fall about two percentage points

4. The Supreme Court, in its recent verdict, held that a woman employee of central govt is entitled to get uninterrupted leave for _______for child care, which also includes needs like examination and sickness.

1) six months 2) nine months 3) one year 4) two years 5) three years

5. Recently Supreme Court has set up a four member committee under the chairmanship of N R Madhva Menon for framing guidelines to prevent _____?

(1) Ponzi Schemes (2) Misuse of Funds on government Advt (3) Illegal mining activities (4) Misappropriation of powers by politicians (5) None of these

6. Which among the following International organization is not based in Geneva?

(1) World Trade Organisation (2) International Labour Organisation (3) Asian Development Bank (4) Food and Agriculture Organisation (5) Both 3 & 4

7. The 61st National Film awards were announced recently. Which of the following films has won the award of ‘Best Hindi Film’?

1) Jolly LLB 2) Shahid 3) Liar's Dice 4) Bhaag Milkha Bhaag 5) Madras Café

8. Name the India-born poet who won the prestigious 2014 Pulitzer Prize in the poetry category for his witty and philosophical collection of poems recently?

1) Vijay Seshadri 2) Siddhartha Mukherjee 3) Geeta Anand 4) Jhumpa Lahiri 5) Gobind Behari Lal

9. Power Grid Corporation of India Ltd. (PGCIL) is in process to conduct a joint feasibility study for exporting 100 MW power to which of the following countries from gas-fired Palatana power plant in Tripura?

 1) Myanmar 2) Bhutan 3) Nepal 4) Bangladesh 5) None of these

10. On 1 April 2014, Asian Development Bank (ADB) estimated India's GDP is poised to accelerate at what per cent in 2014-15?

1) 6.5% 2) 4.5 % 3) 5.9 % 4) 7.0 % 5) 5.5%

World Economic Situation and Prospects 2015 report released by UNESCAP

United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) on 19 January 2015 released World Economic Situation and Prospects (WESP) 2015 report. The report projects that the regional growth will pick up in 2015-16, as average GDP growth will accelerate from 5.0 percent in 2014 to 5.3 percent in 2015 and 5.7 percent in 2016.

The report has highlighted that the South Asia’s economic growth is set to reach a four-year high in 2015. The average gross domestic product (GDP) growth of South Asia accelerated from 3.7 percent in 2013 to 4.9 percent in 2014, and is projected to strengthen further to 5.4 percent in 2015 and 5.7 per cent in 2016.

It expects that the recovery will be led by a pick-up in growth in India, which accounts for about 70 percent of regional output.

The report in context of other Asian countries like Bangladesh and the Islamic Republic of Iran said that they will also see growth in the forecast period. 

It says that growth supported by the robust external demand is expected to be underpinned by a moderate strengthening of domestic consumption and investment.

Report in context of India 

WESP 2015 report said that India will see gradual growth acceleration in its GDP which is expected to reach 5.9 percent in 2015 and 6.3 percent in 2016. It says that it is expected that the recovery will be led by India. 

India’s economy expanded in 2014 estimated by 5.4 percent, which improved from growth of 5.0 percent recorded in 2013. 

The report said that the recovery is partly the result of improved market sentiment and plans to reform the bureaucracy, labour laws and public subsidies after the new administration took office in the second quarter of 2014.

About United Nations World Economic Situation and Prospects (WESP) report

WESP report is published annually at the beginning of the year by the UN Department of Economic and Social Affairs (UN/DESA), the UN Conference on Trade and Development (UNCTAD), the five UN regional commissions and the World Tourism Organization (UNWTO).

What are Funcations of RBI, IRDA and SEBI

RBI, SEBI and IRDA

Functions of RBI:- A. The Reserve Bank of India is the central bank of India, was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Reserve Bank of India was set up on the recommendations of the Hilton Young Commission. The commission submitted its report in the year 1926, though the bank was not set up for nine years.To regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.” Banker to the Government: performs merchant banking function for the central and the state governments; also acts as their banker.Banker to banks: maintains banking accounts of all scheduled banks


SEBI–SECURITIES AND EXCHANGE BOARD OF INDIA:- SEBI is a capital market regulator means all the capital transactions are goverened by sebi its major functions are, protecting the interest of investor in securities market, promoting development of securities market, regulating the securities market……


IRDA—INSURANCE REGULATORY DEVELOPMENT AUTHORITY:- IRDA is the regulatory authority of insurance business its functions are protectinginterest of policy holders,specifing proper training,qualification etc to insurance people, levying fees ,commision etc for conducting insurance business, specifing the manner in which insurance company maintain their books of accounts, specifing margin of solvency, specifing general and life insurance business which company can take.

Important Abbreviations for Upcoming Banking Exams

SAARC- South Asian Association for Regional Cooperation
SAC- Space Application Center
SAFTA -South Asian Free Trade Association
SAI -Sports Authority of India
SAIL- Steel Authority of India Limited
SAPTA- South Asian Preferential Trade Arrangements
SARS- Severe Acute Respiratory Syndrome
SC- Supreme Court / Security Council/schedule cast
SCI -Shipping Council of India
SCOPE- Standing Conference of Public Enterprises
SCRA -Special Class Railway Apprentice
SDR -Special Drawing Rights
SEBI- Security Exchange Board of India
SGPC -Siromani Gurudwara Prabandhak Committee
SHAR -Shri Haikota Range
SIDBI- Small Industries Development Bank of India
SIS -Secret Intelligence Service
SITA -Suppression of Immortal Traffic in Women and Girls Act
SLV -Satellite Launch Vehicle
SPCA -Society for Prevention of Cruelty of Animals
SPIC -MACAY Society for the Promotion of Indian Classical Music and Culture
STARS -Satellite Tracking and Ranging Station
STD -Subscribers Trunk Dialing
STPI- Software Technology Parks of India
SWAPO -South West African People’s Organization
TA- Traveling Allowances
TC- Transfer Certificate/ Ticket Checker
TELCO- Tata Engineering and Locomotive Company
TELEX- Teleprinter Exchange
TISCO- Tata Iron and Steel Company Limited
TNT -Tri-nitro-toluene
TOFEL- Test of English as a Foreign Language
TRAI -Telecom Regulatory Authority of India
TRIPS- Trade Related Intellectual Property Rights
TTE -Traveling Ticket Examiner
TTFI -Table Tennis Federation of India
TWA -Trans World Airlines