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%