Current Affairs 1 80 1

CONTENTS
S.No. Chapter Name Page Nos.
1. Paradise Papers 1-2
2. Public Sector Banks Consolidation 3-4
3. Non Performing Assets (NPAs) 5-8
4. Insolvency and Bankruptcy Code-2016 9-10
5. National Anti-Profiteering Authority in GST 11-12
6. New India @ 2022 13-20
7. Guide to Credit Ratings 21-22
8. Peer To Peer (P2P) Lending 23
9. Recapitalization Plan for Banking Sector 24
10. Government Policies 25-27
11. RBI and Banking 28-31
12. Private Sector Banks 32
13. Memorandum of Understandings 33
14. Military Exercises and Defence Technology 34
15. Appontments 35
16. Awards 36-38
17. Indexes and Committees 39
18. Sports 40-41
19. Summits (Nov-2017) 42-43
20. Important Days 44
21. National and International News 45-51
22. Deaths 52
23. First Achievements 53-54
IBPS Clerk Mains 55-73
SSC CHSL 74-78

Tallest Railway Bridge in the World
(On Cheenab River in Jammu & Kashmir)
Highest Motorable Road in the World

(19,300 feets hight)
Current Affairs December 2017 – Digest
1. PARADISE PAPERS
The Paradise Papers is a global investigation into the offshore activities of some of the world’s most powerful
people and companies.
The International Consortium of Investigative Journalists and 95 media partners explored 13.4 million leaked
files from a combination of offshore service providers and the company registries of some of the world’s most
secretive countries.
The files were obtained by the German newspaper Süddeutsche Zeitung.
The Paradise Papers documents include nearly 7 million loan agreements, financial statements, emails, trust
deeds and other paperwork from nearly 50 years at Appleby, a leading offshore law firm with offices in Bermuda and
beyond.
The documents also include files from a smaller, family-owned trust company, Asiaciti, and from company
registries in 19 secrecy jurisdictions. The records range from complex, 100-page corporate transaction sheets and
dollar-by-dollar payment ledgers to simple corporate registries of countries, such as Antigua & Barbuda, that do not
publicly list names of company shareholders or directors.
As a whole, the Paradise Papers files expose offshore holdings of political leaders and their financiers as well as
household-name companies that slash taxes through transactions conducted in secret. Financial deals of billionaires
and celebrities are also revealed in the documents.
The Paradise Papers files include far more information about U.S. citizens, residents and companies than
previous ICIJ investigations – at least 31,000 of them.
ICIJ collaborated with more than 380 journalists working on six continents in 30 languages. Many team
members spent a year using online platforms to communicate and to share documents. Journalists tracked down court
records, obtained financial disclosures of politicians in Africa, Europe, and Latin and North America, filed freedom
of information requests and conducted hundreds of interviews with tax experts, policymakers and industry insiders.
Special thanks go to the the Pulitzer Center on Crisis Reporting for supporting visual elements of the project.
The Team:
ICIJ Director : Gerard Ryle
Project Manager : Marina Walker Guevara
Editors : Michael Hudson, Dean Starkman, Martha M. Hamilton, Gerard Ryle, Marina Walker
Guevara, and Tom Stites
Research Editor : Emilia Díaz-Struc
IMPORTANT FINDINGS:
Reveals offshore interests and activities of more than 120 politicians and world leaders, including Queen
Elizabeth II, and 13 advisers, major donors and members of U.S. President Donald J. Trump's administration
Exposes the tax engineering of more than 100 multinational corporations, including Apple, Nike and Botox-
maker Allergan
Reveals tax haven shopping sprees by multinational companies in Africa and Asia that use shell companies in
Mauritius and Singapore to reduce taxes
Shines a light on secretive deals and hidden companies connected to Glencore, the world’s largest commodity
trader, and provides detailed accounts of the company’s negotiations in the Democratic Republic of the Congo for
valuable mineral resources
Provides details of how owners of jets and yachts, including royalty and sports stars, used Isle of Man tax-
avoidance structures
1 IACE (Indian Academy of Competitive Exams) www.iace.co.in Toll Free: 1800-270-9975, Ph: 9533200400
INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS (ICIJ):

The International Consortium of Investigative Journalists is a global network of more than 200 investigative
journalists in 70 countries who collaborate on in-depth investigative stories.
Founded in 1997 by the respected American journalist Chuck Lewis, ICIJ was launched as a project of
the Center for Public Integrity, focusing on issues that do not stop at national frontiers: cross-border crime,
corruption, and the accountability of power.
In February 2017, ICIJ was spun off to become a fully independent news organization with the goal of extending
our global reach and impact even farther. In July 2017, ICIJ was granted its own 501(c)(3) nonprofit status from U.S.
tax authorities.
ICIJ is governed by three committees – a traditional board of directors with a fiduciary role; an Advisory
Committee made of supporters and experienced investigative journalists; and an ICIJ Network Committee.
ICIJ’s Board consists of Sheila Coronel (chair), Reginald Chua, Alex Papachristou, Rhona Murphy, Steven King
and Gerard Ryle (non-executive director). The board will grow to at least seven people.
Our Advisory Committee consists of experienced investigative journalists Bill Kovach, Chuck Lewis, Rosental
Calmon Alves, Gwen Lister, Goenawan Mohamad, and Brant Houston.
The need for such an organization has never been greater. Globalization and development have placed
extraordinary pressures on human societies, posing unprecedented threats from polluting industries, transnational
crime networks, rogue states, and the actions of powerful figures in business and government.
The news media, hobbled by short attention spans and lack of resources, are even less of a match for those who
would harm the public interest. Broadcast networks and major newspapers have closed foreign bureaus, cut travel
budgets, and disbanded investigative teams. We are losing our eyes and ears around the world precisely when we
need them most.
2. PUBLIC SECTOR BANKS CONSOLIDATION

1. INTRODUCTION
The government is working on a consolidation agenda with a view to creating - global sized banks and reduce
the number of state owned lenders. For this purpose Union government appointed Arun Jaitley Committee in
November 2017.
2. NEED FOR CONSOLIDATION
 Indian banking sector is highly fragmented, especially in comparison with other key economies.
 To protect the financial system and depositors’ money.
 Many banks are not in a position to raise equity from the market.
 For cutting operational cost and acquiring efficiency.
 To build capacity to meet credit demand and sustain economic growth.
 The need to bridge geographical gaps.
 In 1991 it was suggested that India should have fewer but stronger PSBs.
 The gross NPAs increased enormously for Public sector bank s (PSBs).
 The share values of several PSBs are trading at a discount to their book value.
3. BENEFITS
 From regulatory perspective, monitoring and control of less number of banks will be easier after mergers.
 For meeting the norms under BASEL III, for ensuring capital adequacy ratio, the larger banks will be at
ease.
 Large sized banks enable disbursement of greater credit, for large developmental projects and effective
management of NPAs.
 Add commercial strength and prevent multiplicity of resources beings pent in the same area.
 Improve the capacity of the banking system to absorb shocks that the markets may cause to it.
 Banks will have the capacity to raise resources without depending on the State exchequer.
 Bigger banks can attract more Current Account, Savings Account (CASA) deposits.
 They can take up high end technological up-gradation.
 They can establish oversees operations.
4. RISKS AND CHALLENGES
Human Resources:
(a) One of the most challenging problems would be human resource integration and management.
(b) Employees would fear job loss, reduced promotional avenues, new culture, etc.
Harmonization of Technology
(a) Challenge for integration of technology as various banks are currently operating on different technology
platforms.
(b) Monitoring, Regulation and Control
 Failure of a very large bank may have macro implications on the economy and may have to be
 bailed out during stress periods.
 RBS from United Kingdom is an example of how a big global bank collapsed post the global
 financial crises and had to sell it’s assets globally.
 Large scale shutting of branches in urban centres.
 Rationalization of branches due to overlap may lead to their relocation.
 Many big private banks globally, including in the US, have failed.
 In the US and the UK, political campaigns have been run advocating break up of big banks.
 Following the merger of 5 SBI associate banks, SBI's gross NPAs jumped from Rs1.08 trillion to Rs1.79
trillion.
 Recruitment for bank jobs will be hit badly due to consolidation of PSBs.
5. ALTERNATIVE MECHANISM (AM) FOR BANKS' MERGER
 The Union Cabinet has given in principle approval for Public Sector Banks to amalgamate through an
Alternative Mechanism (AM).
 Mergers to be decided on commercial considerations.
 The proposal must start from the Boards of Banks.
 Group of ministers to oversee the bank merger process.
 Merger proposals have to be approved by the parliament
 This would also expedite decision making and address issues well in time.
6. WAY FORWARD
 RBI should continue to give banking licences for more small finance banks as well as universal banks along
with bank mergers.
 The Narasimham Committee had spoken about a large number of regional and local banks at the lowest tier
of banking structure.
 Address the core concerns of employees, mitigate their anxieties, and create an environment of trust.
 Consolidation should be done keeping in mind the interest of minority shareholders and bring in greater
autonomy for banks.
 It is high time that Government takes stringent measures to recover the bad loans and take bold action on
these big defaulters.
3. NON PERFORMING ASSETS (NPAS)

A Non Performing Assets (NPA) is a loan or Rising of NPAs will lead to a crisis of confidence in
advance for which the principal or interest payment the market. The price of loans, i.e. the interest rates will
remained overdue for a period of 90 days. shoot up. Shooting of interest rates will directly impact
Banks are required to classify NPAs further into the investors who wish to take loans for setting up
Substandard, Doubtful and Loss assets. infrastructural, industrial projects etc.
1. Substandard assets: Assets which has remained It will also impact the retail consumers like us, who
NPA for a period less than or equal to 12 months. will have to shell out a higher interest rate for a loan.
2. Doubtful assets: An asset would be classified as This will hurt the overall demand in the Indian
doubtful if it has remained in the substandard economy which will lead to lower growth rates and of
category for a period of 12 months. course higher inflation because of the higher cost of
3. Loss assets: As per RBI, “Loss asset is considered capital.
uncollectible and of such little value that its The trend may continue in a vicious circle and
continuance as a bankable asset is not warranted, deepen the crisis.
although there may be some salvage or recovery REASONS FOR GROWTH
value.” GOVERNANCE ISSUES
STATUS OF NPA: Diversion of funds by companies for purposes other
As on June 2017, public sector banks having Rs. 6 than for which loans were taken.
lakh crores of NPAs and private sector banks having Rs. Due diligence not done in initial disbursement of
2 lakh crores. loans. Eg: loans given to road sector even before
IMPACT OF NPAS ON BANKS: acquisition of land by the contractors. Agreed to TPCs
Banks have to adhere to the provisioning norms set (Total project costs) much higher than assessed by
by RBI for the bad loans which eats into their NHAI.
profitability. This leads to banks having lesser capital to Inefficiencies in post disbursement monitoring of
deploy, shareholders losing money and banks finding it the problem
tough to survive in the market Restructuring of loans done by banks earlier to
If banks do not classify an asset as NPA, they avoid provisioning. Post crackdown by RBI, banks are
naturally have more money to advance to earn interest forced to clear their asset books which has led to
income on. If large NPAs goes unreported, the bank sudden spurt in NPAs
could reach a situation, where it has advanced more During the time of economic boom, overt optimism
money than it has available leading to a situation of shown by corporates was taken on face value by banks
technical bankruptcy. and adequate background check was not done in
In light of attaining the Bessel norms, the burden on advancing loans
maintaining Capital Adequacy Ratio increases In the absence of adequate governance mechanism,
It also affects the competitive position of banks double leveraging by corporates, as pointed out by
For economy, it is disadvantageous as banks RBI’s Financial Stability Report, is also a reason for
become more circumspect in giving loans which affect increasing bad loans
the credit off take in economy. India is still an economy RBI Governor Rajan has pointed to the prevalence
which is largely dependent on banks to raise capital as of “riskless capitalism” wherein time of economic
the bond market is not that well developed. This leads swing, the corporate make hay, but when they face
to declining Gross Capital Formation affecting problems, resort to legal route, leveraging etc leading to
economic growth. problems galore for the banks.
ECONOMIC REASONS disposing secured assets without the intervention of the

Economic downturn seen since 2008 has been a court in case of outstanding amounts greater than 1
reason for increasing bad loans lakh. SARFAESI, it is accused, has been used only
Global demand is still low due to which exports against the small borrowers primarily from MSME
across all sector has shown a declining trend for a long sector
while now RECOVERY OF DEBTS DUE TO BANKS AND
In the case of sectors like electricity, the poor FINANCIAL INSTITUTIONS (DRT) ACT
financial condition of most SEBs is the problem; in The Act provides setting up of Debt Recovery
areas like steel, the collapse in global prices suggests Tribunals (DRTs) and Debt Recovery Appellate
that a lot more loans will get stressed in the months Tribunals (DRATs) for expeditious and exclusive
ahead. Other stressed sectors include infrastructure, disposal of suits filed by banks / FIs for recovery of
textiles and mining their dues in NPA accounts with outstanding amount of
Other stressed sectors include infrastructure, Rs. 10 lakh and above. DRTs are overburdened leading
textiles and mining to slow disposal of cases
Economic Survey 2015 mentioned over leveraging
LOK ADALATS:
by corporate as one of the reasons behind rising bad
Section 89 of the Civil Procedure Code provides
loans
resolution of disputes through ADR methods such as
POLITICAL REASONS
Arbitration, Conciliation, Lok Adalats and Mediation.
Policy Paralysis seen during UPA 2 regime Lok Adalat mechanism offers expeditious, in-expensive
affected several PPP projects and key economic and mutually acceptable way of settlement of dispute
decisions were delayed which affected the Under banking regulation act 1949, RBI is
macroeconomic stability leading to poorer corporate empowered to monitor the asset quality of banks by
performance inspecting record books
Crony capitalism is also to be blamed. Under
SOLUTIONS PROPOSED BY RBI:
political pressure banks are compelled to provide loans
Restructured standard account provisioning has
for certain sectors which are mostly stressed
been increased to 5% making it easier for banks to go
RESOLUTION ISSUES
for restructuring. On the flip side, this has the potential
In the absence of a proper bankruptcy law,
to enhance tendency of ever greening of loans
corporate faced exit barriers which led to piling up of
RBI has directed banks to give loans by looking at
bad loans
CIBIL score and is encouraging banks to start sharing
Corporates often take the legal route which is time
information amongst themselves. This is to deal with
consuming leading to problems for the banks
cases of information asymmetry. RBI has directed
TRADITIONAL SOLUTION banks to report to Central Repository of Information on
Appointment of nodal officers in banks for recovery Large Credit (CRILC) when principle/interest payment
at their head office, zonal office not paid between 61-90 days
Thrust on recovery of loss assets by banks RBI has asked banks to conduct sector wise/activity
Close watch on NPA by picking up early warning wise analysis of NPA
signals and ensuring corrective action SEBI has eased norms for banks to convert debt of
Directing state level bankers to be more proactive distressed borrowers into equity
in resolving issues with state govt 5/25 scheme
Designating ARC as resolution agent of banks For existing and new projects greater than 500
LAWS RELATING TO NPA AND BANKRUPTCY crores and also for existing projects which have been
SARFAESI – The Act empowers Banks/ Financial classified as bad debt or stressed asset, bank can provide
Institutions to recover their NPAs without the longer amortization periods of 25 years with the option
intervention of the court, through acquiring and of restructuring loans every 5 or 7 years.
The advantage of this scheme is that it provides for until a mechanism is devised which charts out a course
longer lending period with inbuilt flexibility. Shorter of what to do thereafter, it doesn’t make much sense to
lending periods leads to companies stretching their do this conversion
balance sheet to pay back loans Disagreement over valuations
From bank’s point of view it is helpful as freshly Banks not willing to take severe haircuts
restructured asset is considered as bad debt and requires Problem particularly acute in the infra sector where
15% provisioning by banks against such loans leading the valuations have drastically declined over the past 2-
to erosion of profitability for banks 3 years
Strategic Debt Restructuring Scheme Choice of merchant bankers used in SDR Process
This scheme provides for an alternative to has a huge impact on the pace of the process. Quick
restructuring. Wherever restructuring has not helped, resolution is necessary as otherwise provisioning for
banks can convert existing loans into equity. The bad loans eats a major chunk of the bank’s profit
scheme provides for creation of Joint Lenders Forum Scheme for sustainable structuring of stressed
which is to be given additional powers with respect to assets – This allows banks to split the stressed account
Management change in company getting into two heads – a sustainable portion that the bank
restructured deems that the borrower can pay on existing terms and
Sale of non core assets in case company has the remaining portion that the borrower is unable to
diversified into sectors other than for which loans were pay(unsustainable). The latter can be converted into
guaranteed equity or convertible debt giving lenders a chance to
Decision by JLF on debt restructuring by a majority eventually recover funds if the borrower is unable to
of 75% by value and 60% by number pay. The Scheme will help those projects which have
On the positive side, willful defaulters are started commercial operations and have outstanding
dissuaded as they fear the loss of their company loan of over Rs 500crore. Banks will also need to set
However there are several issues with the scheme aside higher provisions if they choose to follow this
Banks do not have expertise of managing route.
companies Advantages of new scheme
The Joint Lenders Forum mechanism has an To help restore credit flow to stressed sectors such
inherent conflict between large banks and small lenders. as steel etc as credit lending condition have been eased
The large banks have huge exposure and thus they want in the scheme
to restructure the loans so as to avoid provisioning. The Banks can rework their stressed accounts under the
smaller lenders fear arm twisting by large banks. Since oversight of an external agency. This means greater
they have less exposure they are unwilling to throw transparency in functioning of banks. This is a provision
good money after bad and prefer to sell their exposure of the scheme itself. Banks had earlier complained of
to ARCs as HDFC did in case of Essar Steel activism by investigative agencies in probing bad debt
Assessment of SDR which made it difficult for them to go for restructuring
SDR is not performing too well. Of the 21 cases in in even genuine cases
which SDR has been invoked, only 4 have been closed. This scheme would not only strengthen the lenders’
The problems are: ability to deal with stressed assets, but would also put
Difficulty in finding buyers real assets back on track, benefitting both banks and the
Buyers demanding prices that are unacceptable promoters of troubled entities.
Creditor’s concern over their source of funding and Challenges
credibility Evergreening of loans by banks
In the absence of potential buyers, bank wouldn’t Distinction between sustainable and unsustainable
want to hold onto these assets indefinitely. Unless and debt might lead to problems later on.
In its current form, S4A favours promoters more situation, this amount is grossly inadequate.
than banks as banks have to provide for the loss of Government will have to find a way to increase the
interest from their profit, while promoters get away with capital it provides to state-owned banks. An upfront
lower interest payment capital infusion, along with reforms to ensure its proper
The scheme can only be used for operational usage, is the best way to reduce the pain of the bad loan
projects. Banks cannot reschedule or re-price the debt clean-up.
that is remaining after converting part of it into equity. Finance Minister has recently mentioned setting up
Also, they have to assess the sustainable portion of the of stressed asset fund in association with banks that can
debt based on current cash flows rather than any future provide equity or debt capital
projection of cash flows. Due to this, many firms would It is different from an ARC as the assets would
not be able to do much for some power projects which remain on the books of the banks whereas ARC transfer
are still under implementation.
the acquired assets to one or more trusts at the price at
It also does not allow for banks to change the terms
which financial assets were acquired from the originator
and conditions of the loan. This would mean that not
A different mechanism from ARC has been
too much support to the sustainable part of the debt can
be extended. proposed as experiences so far say that setting up yet
Another concern could be the high level of equity another ARC is pointless. There are a number of
dilution that may result from a scheme of this nature. existing ARCs in the market, and many large global
This could be negative for shareholders and may also funds are planning to enter the segment. Among these,
reduce the incentive for promoters to actually turn many are bank-sponsored ARCs. They have done little
around the company. good because the banks and the ARCs have failed to
MEASURES ANNOUNCED BY GOVERNMENT agree on the price at which assets are to be sold.
Government has announced recapitalization of the Besides, the recovery track record of ARCs has been
bank to the tune of 70000crore. However, given the modest at best.
4. INSOLVENCY AND BANKRUPTCY CODE-2016

Ordinance to amend the Insolvency and Bankruptcy The Ordinance amends Sections 2, 5, 25, 30, 35 and
Code, 2016 promulgated; Ordinance aims at putting in 240 of the Code, and inserts new Sections 29A and
place safeguards to prevent unscrupulous, undesirable 235A in the Code.
persons from misusing or vitiating the provisions of the Gist of the amendments is given below:
Code. (i) Clause (e) of Section 2 of the Code has been
The Government of India promulgated today the substituted with three Clauses. This would facilitate
Ordinance to amend the Insolvency and Bankruptcy the commencement of Part III of the Code relating
Code, 2016 (the Code). Earlier the President of India to individuals and partnership firms in phases.
had given his assent to the Ordinance to amend the (ii) Clause (25) and (26) of Section 5 of the Code
Code. which define “Resolution Plan” and “Resolution
The Ordinance aims at putting in place safeguards Applicant” are amended to provide clarity.
to prevent unscrupulous, undesirable persons from (iii) Section 25(2)(h) of the Code is amended to enable
misusing or vitiating the provisions of the Code. The the Resolution Professional, with the approval of
amendments aim to keep-out such persons who have the Committee of Creditors (CoC), to specify
willfully defaulted, are associated with non-performing eligibility conditions while inviting Resolution
assets, or are habitually non-compliant and, therefore, Plans from prospective Resolution Applicants
are likely to be a risk to successful resolution of keeping in view the scale and complexity of
insolvency of a company. In addition to putting in place operations of business of the Corporate Debtor to
restrictions for such persons to participate in the avoid frivolous applicants.
resolution or liquidation process, the Amendment also (iv) Section 29A is a new Section that makes certain
provides such check by specifying that the Committee persons ineligible to be a Resolution Applicant.
of Creditors ensure the viability and feasibility of the Those being made ineligible inter alia include:
resolution plan before approving it. The Insolvency and  Willful Defaulters.
Bankruptcy Board of India (IBBI) has also been given  Those who have their accounts classified as
additional powers. Non-Performing Assets (NPAs) for one year or
It may be recalled that the Regulations by the IBBI more and are unable to settle their overdue
were also amended recently to ensure that information amounts include interest thereon and charges
on the antecedent of the applicant submitting the relating to the account before submission of the
Resolution Plan along with information on the Resolution Plan.
preferential, undervalued or fraudulent transactions are  Those who have executed an enforceable
placed before the Committee of Creditors in order for it guarantee in favour of a creditor, in respect of a
to take an informed decision on the matter. Corporate Debtor undergoing a Corporate
Along with other steps towards improving Insolvency Resolution Process or Liquidation
compliances, actions against defaulting companies to Process under the Code.
prevent misuse of corporate structures for diversion of  And connected persons to the above, such as
funds, reforms in the banking sector, weeding-out of those who are Promoters or in management of
unscrupulous elements from the resolution process is control of the Resolution Applicant, or will be
part of ongoing reforms initiated by the Government. Promoters or in management of control of
These would help strengthen the formal economy and Corporate Debtor during the implementation of
encourage honest businesses and budding entrepreneurs the Resolution Plan, the holding company,
to work in a trustworthy, predictable regulatory subsidiary company, associate company or
environment. related party of the above referred persons.
(v) It has also been specifically provided that CoC Section 29A has been barred through the
shall reject a Resolution Plan, which is amendment in Section 35(1)(f).
submitted before the commencement of the (viii) In order to ensure that the provisions of the
Ordinance but is yet to be approved, and where Code and the Rules and Regulations prescribed
the Resolution Applicant is not eligible as per thereunder are enforced effectively, the new
the new Section 29A. In such cases, on account Section 235A provides for punishment for
of the rejection, where there is no other plan contravention of the provisions where no
available with the CoC, it may invite fresh specific penalty or punishment is provided. The
resolution plans. \ punishment is fine which shall not be less than
(vi) Section 30(4) is amended to explicitly obligate one lakh rupees but which may extend to two
the CoC to consider feasibility and viability of crore rupees.
the Resolution Plan in addition to such (ix) Consequential amendments in Section 240 of
conditions as may be specified by IBBI, before the Code, which provides for power to make
according its approval. Regulations by IBBI, have been made for
(vii) The Sale of Property to a person who is regulating making powers under Section
ineligible to be a Resolution Applicant under 25(2)(h) and 30(4).
5. NATIONAL ANTI-PROFITEERING
AUTHORITY IN GST
INTRODUCTION: in the rate of tax on the supply of goods or services or
Any reduction in rate of tax on any supply of goods the benefit of input tax credit has been passed on by the
or services or the benefit of input tax credit should have registered person to the recipient by way of
been passed on to the recipient by way of commensurate reduction in prices.
commensurate reduction in prices. However it has been ANTI-PROFITEERING
the experience of many countries that when GST was DUTIES OF THE AUTHORITY:
introduced there has been a marked increase in inflation The Authority would have the following duties: to
and the prices of the commodities. This happened in determine whether any reduction in the rate of tax on
spite of the availability of the tax credit right from the any supply of goods or services or the benefit of input
production stage to the final consumption stage which tax credit has been passed on to the recipient by way of
should have actually reduced the final prices. This was commensurate reduction in prices; to identify the
obviously happening because the supplier was not registered person who has not passed on the benefit of
passing on the benefit to the consumer and thereby reduction in the rate of tax on supply of goods or
indulging in illegal profiteering. National Anti- services or the benefit of input tax credit to the recipient
profiteering Authority is therefore being constituted by by way of commensurate reduction in prices; to order,
the central Government to examine whether input tax reduction in prices; return to the recipient, an amount
credits availed by any registered person or the reduction equivalent to the amount not passed on by way of
in the tax rate have actually resulted in a commensurate commensurate reduction in prices along with interest at
reduction in the price of the goods or services or both the rate of eighteen per cent. from the date of collection
supplied by him, this is to ensure that the consumer is of the higher amount till the date of the return of such
protected from arbitrary price increase in the name of amount or recovery of the amount not returned, as the
GST. case may be, in case the eligible person does not claim
CONSTITUTION OF THE AUTHORITY: return of the amount or is not identifiable, and
The National Anti-Profiteering Authority shall be a depositing the same in the Consumer Welfare Fund;
five-member committee consisting of a Chairman who imposition of penalty; and cancellation of registration.
holds or has held a post equivalent in rank to a APPLICATION TO THE AUTHORITY:
Secretary to the Government of India; and four All applications from interested parties on issues of
Technical Members who are or have been local nature shall first be examined by the State level
Commissioners of State tax or central tax or have held Screening Committee constituted in each State by the
an equivalent post under existing laws. State Governments consisting of an officer of the State
The Additional Director General of Safeguards Government, to be nominated by the Commissioner,
under the CBEC (Board) shall be the Secretary to the and an officer of the Central Government, to be
Authority. nominated by the Chief Commissioner.
The Authority shall cease to exist after the expiry of The Screening Committee on being satisfied that
two years from the date on which the Chairman enters the supplier has not passed on the reduction in rate of
upon his office unless the Council recommends tax on any supply of goods or services or the benefit of
otherwise input tax credit on to the recipient by way of
Power to determine the methodology and procedure commensurate reduction in prices, will forward the
The Authority can determine the methodology and application with its recommendations to the Standing
procedure for determination as to whether the reduction Committee on Anti-profiteering, which shall consist of
such officers of the State Government and Central writing as allowed by the Standing Committee and,
Government as may be nominated by the GST council, upon completion of the investigation, furnish to the
for further action. Authority, a report of its findings along with the
If the Standing Committee is satisfied that there is a relevant records. imposition of penalty as specified
prima-facie evidence to show that the supplier has not under the Act; and cancellation of registration under the
passed on the benefit of reduction in the rate of tax on Act.
the supply of goods or services or the benefit of input Any order passed by the Authority shall be
tax credit to the recipient by way of commensurate immediately complied with by the registered person
reduction in prices, it shall refer the matter to the failing which action shall be initiated to recover the
Director General of Safeguards for a detailed amount in accordance with the provisions of the
investigation. Integrated Goods and Services Tax Act or the Central
INVESTIGATION: Goods and Services Tax Act or the Union territory
The Director General of Safeguards shall conduct Goods and Services Tax Act or the State Goods and
investigation and collect evidence necessary to Services Tax Act of the respective States, as the case
determine undue profiteering and before initiation of the may be.
investigation, issue a notice to the interested parties The Authority can direct any authority of central
(and to such other persons as deemed fit for a fair tax, State tax or Union territory tax to monitor the
enquiry into the matter) containing, inter alia, implementation of the order passed by it.
information on the following, namely: -the description ORDER OF THE AUTHORITY:
of the goods or services in respect of which the The Authority shall (after granting an opportunity
proceedings have been initiated; summary of the of hearing to the interested parties if so requested)
statement of facts on which the allegations are based; within a period of three months from the date of the
and the time limit allowed to the interested parties and receipt of the report from the Director General of
other persons who may have information related to the Safeguards determine whether a registered person has
proceedings for furnishing their reply.
passed on the benefit of the reduction in the rate of tax
The evidence or information presented to the
on the supply of goods or services or the benefit of
Director General of Safeguards by one interested party
input tax credit to the recipient by way of
can be made available to the other interested parties,
commensurate reduction in prices.
participating in the proceedings. The evidence provided
If the Members of the Authority differ in opinion on
will be kept confidential and the provisions of section
any point, the point shall be decided according to the
11 of the Right to Information Act, 2005 (22 of 2005),
opinion of the majority.
shall apply mutatis mutandis to the disclosure of any
Where the Authority determines that a registered
information which is provided on a confidential basis.
person has not passed on the benefit of the reduction in
The Director General of Safeguards can seek
the rate of tax on the supply of goods or services or the
opinion of any other agency or statutory authorities in
benefit of input tax credit to the recipient by way of
the discharge of his duties. The Director General of
commensurate reduction in prices, the Authority may
Safeguards, or an officer authorized by him will have
order- reduction in prices; return to the recipient, an
the power to summon any person necessary either to
give evidence or to produce a document or any other amount equivalent to the amount not passed on by way
thing. He will also have same powers as that of a civil of commensurate reduction in prices along with interest;
court and every such inquiry will be deemed to be a CONCLUSION:
judicial proceeding. National Anti-Profiteering Authority is a
The Director General of Safeguards will complete mechanism devised to ensure that prices remain under
the investigation within a period of three months or check and to ensure that businesses do not pocket all the
within such extended period not exceeding a further gains from GST because profit is fine, but undue
period of three months for reasons to be recorded in profiteering at the expense of the common man is not.
Current Affairs December 2017 - Digest
6. NEW INDIA @ 2022

NITI AAYOG: TRANSFORMING INDIA
“Constant development is the law of life, and a man who always tries to maintain his dogmas in order to appear
consistent drives himself into a false position.”
– Mahatma Gandhi (as quoted in the Cabinet Resolution constituting NITI Aayog)
Planning Commission 1950 NITI Aayog 2015
1. Five years plan 1. Decentralized , bottom-up strategy
2. Fund Disburser 2. Generation of New Ideas
3. One size fits All Model 3. Team India: Centre and State
DEVELOPMENT AS MASS MOVEMENT
INDIA’S UNIQUE DEVELOPMENT EXPERIENCE
 India’s post-independence development unique in world history.

 India’s nation builders chose to undertake the economic, political and social transitions simultaneously.
 Never been attempted in history of human development.
 No modern industrial society established while giving equal rights to all citizens.
 No social pyramid inverted without huge human costs.
 We should all be proud of this amazing achievement.
NEW INDIA @ 2022 – MODEL FOR THE WORLD

 By successfully completing these three transitions, India will emerge as a model for the rest of the world.
 2017-2022: making development a mass movement.
 Sankalp se Siddhi: For India to emerge as:
Swachh
Swastha
Shikshit
Bharat By 2022
Sampann
Saksham
Surakshit
FOR 2022, WE RESOLVE TO HAVE:
FREEDOM 1: POVERTY FREE INDIA (1/4)
POVERTY FREE INDIA: SOCIAL DEVELOPMENT (2/4)

HEALTH AND NUTRITION
 1/3rd children under-5 stunted & underweight 50 % young women anemic.
 Achieve Kuposhan Mukt Bharat by 2022
 Swasth Bharat: focus on wellness.
EDUCATION AND SKILL DEVELOPMENT

 Padhe India Badhe India.
 Participation in PISA from 2021.
 20 World Class higher education institutions by 2022.
GENDER EQUITY
 Beti Bachao Beti Padhao
 Catalyzing mindset change in society.
POVERTY FREE INDIA: INFRASTRUCTURE & CONNECTIVITY (3/4)

 Redevelopment of 100 railway stations; bullet train by 2022.
 High-Speed Railway Quadrilateral.
 Connect all villages with habitations over 500 (250 in Special Areas) with all-weather roads by 2019 under
PMGSY.
 Sagarmala, Inland Waterways, Inter-Linking of Rivers.
 UDAN scheme for regional connectivity.
 2.5 lakh Gram Panchayats with broadband under BharatNet.
POVERTY FREE INDIA: GROWTH ENABLERS (4/4)

HOUSING
Housing for All by 2022: Target of 1 crore rural houses by 2019 & 1.2 crore urban houses by 2022
ENERGY
 Deendayal Upadhyaya Gram Jyoti Yojana: Around 2,800 villages remain to be electrified.
 Saubhagya scheme for electricity connections to 4 crore households by Dec 2018.
FINANCIAL INCLUSION
 Jan Dhan: 30.3 crore new bank accounts;
 JAM Trinity: More than Rs. 2 lakh crore disbursed via DBT.
FREEDOM 2: DIRT AND SQUALOR FREE INDIA
FREEDOM 3: CORRUPTION FREE INDIA
FREEDOM 4: TERRORISM FREE INDIA (1/2)

Civilian Fatalities from Left Wing Extremism Terror violence in North East at a two decade low
TERRORISM FREE INDIA (2/2)

Umbrella scheme of “ modernization of Police Forces”.2/5 Leveraging Development and Soft Power At the Global
th funding dedicated to LWE , JBK & North East and Regional Levels to isolate Pakistan.
Dedicated program on 100 Backward Districts will boost Measures under taken , including on foreign Soil, to
internal & Cross –border security contain militancy and dampen capabilities
FREEDOM 5: CASTEISM FREE INDIA
 Lower poverty, higher literacy rates for SCs, STs, OBCs but progress on some indicators remains slow.
 Pradhan Mantri Adarsh Gram Yojana (PMAGY), National SC/ST.
 Hub, Upgradation of Merit of SC Students
 All villages selected under PMAGY should attain model village status by 2022.
FREEDOM 6: COMMUNALISM FREE INDIA

 India is about Shanti, Ekta & Sadbhavana.
 Empowerment vs Entitlement without appeasement.
 Nai Manzil, Nai Roshni, Stand-Up India, Begum Hazrat Mahal Scholarship, Seekho aur, Kamao, Padho Pardes,
Progress Panchayat, Hunar Haat.
 Let’s put a moratorium on such activities for ten years, we shall march ahead to a society which will be free from
such tensions – Prime Minister.
ACHIEVEMENTS OF LAST 3 YEARS SPECIFIC TO MINORITIES (AS OF MAY, 2017)
BHARAT: EK NAYI SOCH

“I do not want my house to be walled in on all sides and my windows to be stuffed. I want the cultures of all
lands to be blown about my house as freely as possible. But I refuse to be blown off my feet by any.” – Mahatma
Gandhi
LOOKING AHEAD
INDIA EMBRACING 4TH INDUSTRIAL REVOLUTION

INDUSTRY 4.0
 Post Industrial Society.
 Big Data – evidence based policies and monitoring.
AUTOMATION/ ROBOTICS
 Changing structure of labour market & enhancing productivity.
ARTIFICIAL INTELLIGENCE, INTERNET OF THINGS
 Displacement of routine and even specialized labour by machines.
BLOCK CHAIN
 The speed, privacy and volume of financial transactions is affected by Blockchain
INDIA ON HIGH TABLE OF GLOBAL GOVERNANCE
Multi-polarity: Emerging Order of the Day.
 Reimagining the United Nations.
 Establishing leadership in alternative global forums (G20, BRICS, International Solar Alliance).
 Variable Geometry in international relations.
 Changing world financial order: From WB, IMF to AIIB and NDB.
 Economic gravity shifting to Asia: more than 50% global GDP by 2050, from approximately 25% now.
DEMOCRATIC DIVIDEND
Cooperative Federalism Competitive Federalism
 Race to the top as states compete.
 Sub-groups of Chief Ministers Making
recommendation on Union policies.  Union facilitates competition through public indices
on various parameters, shifting focus on outcomes
 Goods and Services Tax Council
vs. inputs.
 Greater fund devolution to states
 Challenge method: states compete for Central
 Inter Ministerial Committee and Task Forces
projects
NITI Aayog as instrument for Democratic Dividend
NEW GOVERNANCE PARADIGM
e-Governance for
Better Service Greater Complete Higher Zero Tolerance
Delivery –DBT Transparency Accountability Efficiency for Corruption
FROM PPP TO PPPP
2047: SARVA-SHRESTHA BHARAT, JAGATGURU BHARAT

 Assuming 8% annual growth from now until 2047, India will be in the top 3 economies of the world.
 Fulfill Swami Vivekanand’s vision:
 “…to set in motion a machinery which will bring the noblest ideas to the doorstep of even the poorest and
meanest”.
 ".. the land where humanity has attained its highest towards generosity, towards purity, towards calmness, above
all, the land of introspection and of spirituality - it is India”.
 “Every nation has a message to deliver, a mission to fulfill, a destiny to reach. The mission of India has been to
guide humanity”.
7. GUIDE TO CREDIT RATINGS,

SCALES AND TERMS
This guide is based on definitions and tables available from the main ratings agencies.
Credit ratings are the international standard by which investors can compare and assess the credit quality of bond
issuers and rated debt securities.
There has been increasing debate over the reliance placed on ratings by investors, particularly in structured
finance, due to the U.S. subprime mortgage crisis. The agencies emphasize that the ratings are only opinions and do
not represent recommendations about whether to buy, sell or hold certain securities.
Issuer and Issue Credit Ratings are the key indicators used by investors when looking at security of return on a
potential bond purchase.
These ratings are divided into Long-Term and Short-Term categories based on the form of debt instrument
concerned. Long-term ratings concern medium or long-term notes in either local or foreign currencies. Short-term
ratings are assigned to instruments considered short term in the relevant market, such as those with maturities of 365
days or less in the United States. They also indicate the creditworthiness of an issuer in respect of put options on
long-term debt.
Ratings fall into two categories: Investment-grade debt, on which the historical rate of default is very low, and
Speculative-grade debt, which has a relatively high risk of default.
Within these categories are multiple ratings, ranging from borrowers with the most creditworthy AAA ratings, to
those with a D rating indicating that they are in default. These ratings are further modified by plus (+) and minus (-)
signs or numbers
1-3 to indicate their relative position within the wider category
LONG TERM CREDIT RATINGS
CREDIT QUALITY STANDARD & POOR’S MOODY’S FITCH ADR*
Highest Quality AAA Aaa AAA 0.000
Substantial AA+ Aa1 AA+ 0.000
Payment Capacity AA Aa2 AA 0.012
AA- Aa3 AA-
Highest Payment A+ A1 A+ 0.012
Capacity A A2 A
A- A3 A-
Adequate Payment BBB+ Baa1 BBB+ 0.107
Capacity BBB Baa2 BBB
BBB- Baa3 BBB-
SPECULATIVE GRADE
Payment Capacity BB+ Ba1 BB+ 0.744
Changes BB- Ba3 BB-
Payment Capacity Not B+ B B+ 3.317

Sufficiently Protected B B2 B
Againstadverse Changes B- B3 B-
There Is A Possibility CCC+ Caa1 CCC+ 13.21
Of Default, Repayment CCC Caa2 CCC
Relies On Positive CCC- Caa3 CCC-
Conditions CC CC C
OBLIGATIONS ARE IN SD*1 Ca DDD
DEFAULT D C DDD
STANDARD& POOR’S
CREDIT QUALITY MOODY FITCH
Investment Grade
Highest Quality A-1 Prime-1 F1
Good Credit Quality A-2 Prime-2 F2
Adequate Credit A-3 Prime-3 F3
SPECULATIVE GRADE
Payment Capacity B-1 Not B
Vulnerable To B-2 Prime
Adverse Changes B-3 (NP)
HIGH DEFAULT RISK C NP C
UNDER REGULATORY Supervision R NP
Currently Defaulting SD+ NP D
 Selective Default, where an issuer has defaulted on some of its instruments but will continue to make timely
payments on others
As well as these ratings, all three rating agencies give Outlooks. These assess the potential direction of an issuer's
credit rating over the medium term (generally between six months and two years). A Positive rating outlook indicates
a potential credit rating upgrade. A Negative outlook shows a potential downgrade, while a Stable outlook means
there is little chance of a change.
In November 2017, Moody’s rating agency upgraded India’s economy from Baa3 to Baa2 and standards and
poor rating agency not upgraded India’s economy BBB-.
8. PEER TO PEER (P2P) LENDING

A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956
engaged in the business of loans and advances, acquisition of shares/stocks/bonds /debentures/securities issued by
Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance
business, chit business.
DIFFERENCE BETWEEN BANKS AND NBFCS
 NBFC cannot accept demand deposits
 They are not part of the payment and the settlement system and thus cannot issue cheques drawn on itself.
 Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors
of NBFCs.
WHY IN NEWS?
 After classifying peer to peer lending as non-banking financial companies (NBFCs), the RBI recently introduced
rules and mechanism for them to follow.
Background
 Peer to peer lending refers to a crowd-funding platform (mostly online) where people looking to invest and
people in need of borrowing come together.
 Till now, P2P companies were registered under the Companies Act.
 Once the lender and borrower registers themselves on a P2P platform, due diligence is carried out by the
platform and those found to be acceptable are allowed to participate.
 Such companies follow a reverse auction process that lenders bid for borrower’s proposal and the borrower is
free to choose whether or not to borrow.
MAJOR TAKEAWAYS FROM RBI REGULATION:
 Being classified as an NBFC, P2P lending will get access to credit bureaus and will have to share loan related
data with credit bureaus.
 Consequently, P2P platforms will also have to mandatorily share the borrower’s credit information with the
lenders which will help them make an informed decision.
 Also, sharing credit information of borrower with credit bureaus will make it difficult for defaulters to take loans
from other banks and NBFCs.
 Fund transfers across the platform are to be done through escrow account mechanism.
 The RBI has also increased the maximum loan amount up to 10 lakhs across all platforms. It will largely benefit
small enterprises and start-ups.
 The RBI has also capped a particular investor’s exposure to a single borrower to Rs 50, 000. This dilutes the risk
in case of a default.
 Contrary to the case earlier when courts rejected the cases of defaults stating lack of locus standi, P2P platforms
(being NBFCs) can now pursue cheque bounce (P2P loan recovery works through post-dated cheques) cases in
court.
 In case of delay of repayments, the platforms need to follow RBI guidelines for recovery bringing relief to
borrowers with genuine delays.
 P2P platforms also need to put a proper grievance mechanism in place and appoint a nodal officer. In case of no
satisfactory reply, lenders or borrowers can approach the RBI.
9. RECAPITALIZATION PLAN FOR

BANKING SECTOR
WHY IN NEWS?  Recapitalisation bonds will increase the
Centre has announced a Rs. 2.11 lakh crore government’s debt liability by 0.8% of GDP (47.5%
recapitalisation plan for the Public Sector Banks (PSBs) in FY17). With no extra government borrowing, the
over the next two years. issuance of recapitalisation bonds is unlikely to be
NEED FOR RECAPITALISATION inflationary in nature.
 Rising NPA - Compared to private sector banks, the RECAPITALISATION BONDS METHOD:
gross NPA of PSBs have grown exponentially over  It refers to using equity money in order to
the last 10 years (from 2.9 per cent in 2013 to 13.8 restructure an institution’s debt.
per cent in 2016).  The bonds can be issued either directly by the
 With the resolution process underway by the government or through a holding company.
Insolvency and Bankruptcy Code, banks are likely  The government will issue bonds to the banks for a
to take 40-50 percent losses in settlements. share of the bank’s Equity.
 PSBs need as much as $65 billion by 2019 to meet  The annual interest on these bonds and the principal
Basel III standards. on redemption will be paid by the central
government.
ABOUT THE RECAPITALISATION PLAN:
 These bonds can be sold off by the banks in the
 The recapitalisation plan is a three-part package:
market when in need of capital.
Rs. 18000 crore from the budget, Rs. 58000 crore
BENEFITS OF RECAPITALIZATION BONDS:
that banks can raise by diluting their equity and Rs.
 The government need not to raise immediate tax
1.35 lakh crore through issuance of recap bonds.
revenues to fund the mounting bill on bank
 A financial influx entirely from the budget can put
recapitalisation, which means less burden on the
unnecessary burden on government spending and
taxpayer.
ultimately the fiscal deficit.  Borrowing directly from the banking system instead
 On the other hand, banks are tied while diluting its of the markets, the government can avoid crowding
equity as they have to maintain 51% government out private borrowings or distorting market yields.
stake.  Recapitalisation Bonds does not strain the banking
 In comparison to the first two, recap bonds are less finances, because lending to the government is
risky and therefore logically carries maximum safest for their loan funds. In any case, public sector
financial aid. banks tend to invest well in excess of their Statutory
IMPLICATIONS OF ISSUANCE OF RECAPITALISATION Liquidity Ratio requirements in government
BONDS: securities.
 Recapitalisation will not only help banks tackle bad LIMITATION OF RECAPITALIZATION BONDS:
loans but can also be used for fresh credit creation  The method is not the solution for the structural
that has remained stagnant for a long period. problems in the banking system that have been
 It will also improve the Bank’s asset-debt ratio created by the bad loan menace, poor governance
thereby improving its equity rating in the stock systems, badly judged lending decisions, and the
market which is likely to attract its private repeated overlooking of doubtful accounts of
shareholders. potential NPAs. The nature of capital infusion
 The issuance of recap bonds will result in widening shows that it is a kind of bailout offering and not
of the fiscal deficit. However, being cash neutral necessarily trying to aid the banks in growth.
transaction, fiscal deficit will only be impacted by  The credit demand of loans is weak in the current
the interest cost on the bonds that the government market, which could have negative impact on
pays every year. banking operation.
10. GOVERNMENT POLICIES

UNION GOVERNMENT POLICIES
S. No Policy
1. Bharat Net Phase II To provide Broad band Internet connectivity to 2.5 lakhs of Gram Panchayats
by March 2019.
Phase-I = 1 Lakh Gram Panchayats = December 2017
Phase II= 1.5 Lakh Gram Panchayats = March 2019
Total = 2.5 Lakh GP’s by March 2019
The out lay for Phase II is 34000 crs. Launched by Ministry of Information
technology and Communication.
2. National Testing  NTA is a society registered under societies registration Act-1860.
Agency (NTA)  Capital of 25 Crores is allocates.
(Autonomous org)  Function: To conduct entrance exams for Higher Educational Institutions.
3. Hausala 2017 Launched by Ministry of Women and Child Development.
 To celebrate child Rights weeks from Nov 14 to Nov 20 2017.
 Nov 14: National Children’s Day
 Nov 20: International Children’s Day
 Ministry hosting this festival for children’s who reside in child care
institutions (CCI’S)
4. First ever Air North east India is a set to get Air dispensary based in a helicaptor.
Dispensary Place: Shillong, Imphal
Funds: 25 Crs
Launched by: Union Ministry for Development of North east (Doner)-Jitendra
Singh.
5. Pradhan Mantri Centre Setting up 115 PMMSK in backward district of India.
Mahila Shakti Objective: To reach the rural women and facilitating skill Development,
Kendras (PMMSK) employment, Health, Nutrition, Digital Literacy.
6. National Mission for  Under this scheme GOI extended “Beti Bachao Beti Padavo” Scheme to
Empowerment of 640 districts from 161 districts setting up of.
Women  Setting up of 150 one stop crisis centres for survivors of sexual violence.
 Outlay of scheme: 3636 crs for period of 2017 to 2020.
7. Pradhan Mantri Objective is to construct 1 cr houses by March 31: 2019 in rural areas.
Grameen Aawas 51 Lakhs: By March 31, 2018
Yojana 49 Lakhs: By March 31, 2019
Launched by Ministry of Rural Development.
8. Digital Rath Launched by Ministry of Information and Broad casting on first anniversary of
demonetization (Nov 8th, 2017)
 Aimed at driving behaviourral change and spreading awareness on the
importance of Digital Payments.
 Under this initiative by Dec 31, 2017 global payment solution provider
“MASTER CARD” aims to reach out 10 lakh Merchants in cities including
Lucknow, Pondichery, Navi Mumbai, Bhopal, Kolkata.
 Rath (Vehicle) travels 20,000 km to each 10 lakh people to promote Digital
payments.
9. 15th Finance  Art: 280 of constitution deals with structure, power and functions of
Commission Finance Commission.
 Objective: To share taxes between centre-states.
 Time period: For every (5) years.
 Present: 14th Finance Commission: April – 2015 – March 31, 2020
 Next: 15th Finance Commission: April 1, 2020 – March 31, 2025
 Fund: for 15 Finance Commission 10 crs is allocated.
 What they do: Prepares one formula to Share Tax Revenue between Centre-
States for Period of (5) years from 2020 to 2025.
 Who will appoint: President of India appoints Finance Commission
consisting of one Chairman and (4) Members.
Structure:
 N.K.Singh committee (Cabinet former secretary) Chairman.
 Shakti kanta Das( Finance farmer secretary) – Permanent Member
 Anoop singh (Goergetown University) – Permanent Member
 Ashok Lahiri (Bandan Bank Chairman) – Temporary Member
 Ramesh Chand (NITI AYOG Member) – Temporary Member
10. Digital Signature Launched by Ministry of Human Resource Development (HRD).
Campaign Nov: 26, 2017, which is constituted day of India.
 Aim: is to generate Awareness on Fundamental duties of the Indians
Constitution.
 Part IVA, and Article 51-A deals with fundamental duties.
11. UMANG APP UMANG Stands for “Unified mobile app for new age e-governance”.
 It is an integrated platform for government to citizens.
 It provides 162 services to citizens from 33 government departments.
Example: Digi locker, EPFO, BBPS, Aadhar services.
12. FACE BOOK Face book expects to train 5 lakhs people in India on digital skills by 2020 and
unveiled two programmes designed for Individuals and Startups. They are
(a) Face book Digital
(b) Face book startup training Hubs
13. Blue Revolution The scheme Launched with outlay of 300 Crs for Integrated Development of
Fisheries in the country.
 India stands second place in fish production in world.
 Production: 11.41 million forms (2016-17)
 Nov 21: World Fisheries Day
14. 'Fish Pond Yojana'  Odisha government has launched a scheme to boost fish production in the
state with a budgetary provision of Rs 96 crore.
 The 'Fish Pond Yojana' scheme was launched by Chief Minister Naveen
Patnaik, while inaugurating a workshop on 'Doubling of Farmer Income
through Dairy and Allied Farming Practices' in Bhubneswar.
15. RAFTAR Remunerative Approaches for Agriculture and Allied sectors Rejuvenation
(RAFTAR)
Total cost: 15,772 Crs. The centre and state should share in the ratio of 60 : 40.
The following activities will be taken under RAFTAR
(a) 50% of funds allocated for the development of agri infrastructure.
(b) 30% of funds allocated to increase productivity of crops.
(c) 20% of funds allocated to local needs like skill training and innovations.
16. National Nutrition Union Government approved National Nutrition Mission with the cost of Rs.
Mission 9046 Crs and 50% is supported by World Bank.
17. Deen Dayal SPARSH SPARSH (Scholarship for Promotion of Aptitude and Research in Stamps and as
Yojana a Hobby.
Launched by Ministry of Communications.
Objective: It is proposed to award annual scholarships to children of standard VI
to IX having good academic record and also pursuing Philately and hobby
through a competitive selection process in all postal circles.
The amount of scholarship will be Rs. 6000 per annuam.
18. JOHAR Jharkhand’s Opportunities for Harnessing Rural development
Objective: To double the income of tribals and dalits in next 4 years (2017-2021)
with the cost of Rs. 15,000 Crs.
19. She Pad Launched by Kerala government.
Objective: The scheme will benefit female students from classes 6 to 12 to
ensure menstrual hygiene among girls and supplies free sanitary napkins to all
government schools and aided schools.
20. Deen Dayal To provide loans to self help groups.
Antyodaya Yojana Loan Amount: Upto 3 lakhs @ 7% per annum.
21. WE-Hub Launched by Telangana Government.
WE stands for Women Entrepreneurs Hub, specially for womens to start
business.
11. RBI AND BANKING

S.No. Tieup companies / Banks Purpose
 Extending $ 119 Million loan to Odisha for High education
World Bank Improvement.
1.
HQ: Washington  Odisha Higher Education Programme for Excellence and Equity
(OHEEC)
IDFC IDFC partnered with Mobikwik to launch cobranded “Virtual Visa
2.
HQ: Mumbai Prepaid Card for customers of Mobikwik.
To launch “Smart up zones” in over 65 branches in 30 cities.
HDFC  First started in Lucknow
3.
HQ: Mumbai  Objective: To provide trailor made banking solution to
enterprises.
RBI Launched SUNO RBI KYA Kheta Hai through SMSes to Warns
4. RBI Public against falling pray to unsolicited and fictious offers.
 The Caution Message will be sent from “RBI SAY” sender ID.
Emirates National Bank of  Started in Mumbai (First Branch in India)
5.
Dubai  Going to invest USD 100 millions in India.
Yes Bank  A research India the “YES FINTECH” which is banks innovation
6.
HQ: Mumbai programme to accelerate Startups in Fin Tech.
 For Above 70 years persons, Divyangs, Blinds all services should
RBI Service guidelines to provided at home by Dec 31, 2017
7.
Banks  Services: Cash deposit, payment, PF /KYC / Life certificate etc.
 25 Cheques free per year to saving accounts holders.
Asian Bankers Association 34th Annual Conference held at Mumbai and Hosted by SBI.
8.
HQ: Mandaluyong (Philiphs) Theme: Asia’s turn to transform
 Launched on August 28, 2014
Pradhan Mantri Jan  Objective: To provide atleast one Bank A/c to House hold.
9.
Dhanyojana  So far 29.56 crores of accounts opened and Uttarpradesh stands
First place in PMJDY. (5 crores of accounts)
AIIB HQ: Beejing  $ 2 Million loan (13000 Crs) to AP.
10. Asian Infrastructure and  Roads, Urban, Drinking water, Panchayatraj.
Investment Bank (AIIB)
1. “Money 2 India” application. It is a voice based International
Remittance Service.
ICICI 2. NRI customers of ICICI Bank can send money via just voice
11.
HQ: Mumbai command.
3. ICICI is a first Bank in the Country leverage on App/ Virtual
Voice Assistant to enable Gross Boarder flows.
 To start branches in 650 district by April 2018.

India Post Payment Bank
12.  Total = 1,54000 post offices.
(IPPB)
 Rural area: 1,39, 000 Rural post offices.
Bank of India  Rs. 1500 Crs loan to Air India as working capital.
13.
HQ: Mumbai
 International Bank for reconstruction and Development (IBRD)
lending $ 98 millions to shared Infrastructure solar projects in
14. World Bank India.
 $ 2 million as a Grant.
 Solar plants: Rewa, Mandasor plants in Madhyapradesh.
 A new scheme for self Help groups (SHG’s) to encourage
enterprise ship. The scheme is known as Pattabhi Sitaramayya Self
Business Groups (SGB’s).
Andhra Bank
15.  Under this scheme SHG’s having five years of Asociation of
HQ: Hyderabad.
Andhra Bank and having successfully completed.
 Three Credit rotations with good repayment record and an aptitude
for enterprise ship will be eligible for Loan.
 Axis Bank and Mumbai police Launched new Campaign.
 #MuhPeTaala to promote safe banking.
16. #MuhPeTaala  The aim of campaign is to raise awareness about how to keep
oneself safe from falling prey to fraudulent calls asking
information such as pin code, CVV, OTP etc.
 YONO: “You Only need One App” which is a Omni Digital
Platform that offers everything related to financial services and
lifestyle products or services.
17. YONO app by SBI
 The bank spends close to Rs 30000 crore on information
technology and if the cost of setting up ATM is taken into account
the cost is over RS 6000 crore.
Karnataka Bank Ltd has partnered with the Boston Consulting Group
(India) Pvt Ltd for its transformation initiatives.
 The transformation project -- ‘KBL Vikaas’ -- was launched in
Mangaluru.
18 Karnataka Bank
 A press release said that the project is aimed at total
transformation of the bank by re-positioning it as a ‘relevant
and significant bank’ by focusing on technology and by
keeping intact its core values and identity.
A new Payments Bank 'Paytm Payments Bank' was formally launched
at the hands of the Union Finance Minister Arun Jaitley in New Delhi.
 Currently, India has four Payments Bank including Paytm
19. Paytm Payments Bank
Payments Bank. The other three operational ones are Airtel
Payments Bank, India Post Payments Bank and Fino Payments
Bank.
European Bank for The Union Cabinet chaired by the Prime Minister Narendra Modi has
Reconstruction & Approved India's Membership for European Bank for Reconstruction
20.
Development (EBRD) & Development (EBRD)
HQ: London
 The Shanghai-based BRICS New Development Bank (NDB) has
approved two infrastructure and sustainable development projects
BRICS bank in India and Russia with loans of $400 million.
21.
HQ: Shanghai  The loans will be used to rehabilitate the Indira Gandhi canal
system in India and to build a toll transport corridor connecting
Ufa city centre to the M-5 federal highway in Russia.
RBL Bank  RBL bank opened all women branch in Chennai. The branch
22.
HQ: Mumbai managed by 8 women.
 RBI allowed Asset Reconstruction companies (ARC’S) to hold

23. RBI more than 26% post conversion of debt into equity companies
under going restructuring
 Per capita GPP of each country data released by IMF in November
2017.
24. IMF  Qatar stands in first place 38 lakhs. India stands in 126th place
4 lakhs.
 Qatar is richest country of world.
 RBI ordered cooperative societies not to use word “Bank” in their
names which is violation of section 7 of banking regulation Act-
1949.
25. RBI
 Section 7: No company other than Banking shall use part of its
name in connection with its business, any of the words banks,
banker”, or Banking.
 A fully integrated Application provided services of National
26. BHIM YES PAY Payment corporation of India (NPCI) like IMPS, BBPS, UPI, QR
CODE.
 RBI approved to operate as Commercial Bank (SCB) and Now
included in the second schedule of Reserve Bank of India Act-
AU Small finance Bank 1934.
27.
H.Q.: Jaipur (Rajasthan)  Benefits: To get loans under liquid Adjustment facility (LAF), and
marginal Standing facility (MSF)
 To issue Certificate of Deposit (CD’S)
28. ONGC  ONGC Acquiring 51% of share in HPCL
 Signed agreement with Govt. of India to provide 1000 cr financing
YES Bank for food processing project.
29.
HQ: Mumbai  The fund will be provided to around 100 food processing projects
with an average ticket size of 10 crs each.
 The cash sales of agriculture produce by cultivator to trader for

30. Income Tax Dept.
less than 2 lakh will not attract tax under Income Tax Act.
Bank of China  Bank of China started operators in Pakistan.

31.
HQ: Beijing  First branch opened in Karachi.
Pay Pal:  American Digital Payment company Launched domestic operates

32. HQ: California in India.
CH: Dan Schulman
 Federal Bank got Approval from RBI to open branches in

Federal Bank
33. Singapore, Kuwait.
HQ: Kochi
 Already it had branches in Abhudabi and Dubai (UAE)
Life Insurance  Agreement with Bank of Bahrain Kuwait B.S.C (BBK). This tie up
34.
PNB Metlife helps PNB Met life distributes it’s retail product.
 As per this report India will overtake Japan to become third largest
economy by 2028.
Bank of America Merrili  2019: 5th largest
35.
Lynch  2028: 3rd largest – India
 2028: 1st largest – USA
 2028: 2nd largest- China
 NBFC’s cannot outsource core management functions like

 Internal audit
 KYC norms
Need to Know Basis for
36.  Sanctioning loans
outsourcing for NBFC
 Management of Investment Portfolio
 If any outsourcing must be based on need to know Basis as per
RBI rules.
 Reliance General Insurance Signed a comprehensive Bank

37. Yes Bank
assurance with Yes bank to distributes Health Insurance Policies.
 Paytm and ICICI bank collaborated where users can get interest
free short –term digital credit called Paytm – ICICI Bank Postpaid.
38. Paytm  New offer will let Paytm customers get instant credit various use
like paying for movie tickets, bill payments, Hights as well as
physical goods.
 YES Bank tied with innovation centre Denmark India (ICDK

39. Yes Bank
India) To promote innovations and fintech.
12. PRIVATE SECTOR BANKS

S.No. Bank name Established Head Quarter (HQ)
1. City Union Bank 1901 Kumbakonam (TN)
2. Karur Vysya Bank 1916 Karur (Tamilnadu)
3. Catholic Syrian Bank 1920 Thrissur (Kerala)
4. Tamilnadu Mercantile Bank 1921 Tuticorin (Tamilnadu)
5. The Nainital Bank Limited 1922 Nainital (Uttarakhand)
6. Karnataka Bank 1924 Mangolore
7. Lakshmivilas Bank 1926 Chennai
8. Dhanalaxmi Bank 1927 Thrissur (Kerala)
9. South Indian Bank 1929 Thrissur
10. ING Vysya Bank 2002 Bengaluru
11. Federal Bank 1931 Kochi
12. RBL Bank 1943 Mumbai
13. Bank of Punjab 1989 Lahore (Pak)
14. Centurion Bank of Punjab 1994 Mumbai (acquired by HDFC)
15. Global Trust Bank 1994 Secundrabad (acquired by OBC)
16. Bandan Bank 2015 Kolkata
13. MEMORANDUM OF UNDERSTANDINGS

S.No. Countries MoU
1. India-Belarus Science technology
2. India-Ethlopia Promoting trade-Economic corporation
3. India- Armenia Mutual Assistance in Customs
4. India-Tunisia To combat terrorism-extremism
5. Assam-Singapore For skilling youth in Assam
Sister state ties for cooperation in economic, educational and cutting

6. Karnataka – Indiana (USA state)
fields
7. Odisha – Singapore For skin development in Odisha
8. India-New Zealand Double Tax Avoidance Agreement (DTTA)
Sister cities agreement in fields of Transport climate change,

9. Delhi-Seoul (Skorea)
governance
Adani power supplying power to Bangladesh from 1600mw power

10. Adani power – Bangladesh
plant at Godda in Jharkhand
11. Uber Tech-Soft Bank Group Soft Bank investing in Uber
12. Karnataka –Chinese firms Chinese firms putting investing in India
13. India-Philiphines Defence Cooperation and Logistics, agriculture, MSMES.
India, Japan, USA, Australia formed Quad Coalition to keep

14. Quad Coalition India-Pacific Ocean should be “Free and Open” for navigation.
First Meeting: Held at Manila (Philippines in November 2017.
China’s three Gorges Corporation Constructing West seti Hydropwer

15. China – Nepal
Project in Nepal.
16. India – France To combat Terrorism
17. India-Russia Visa free entry of the flight Crew between two countries.
To support UN effort to peacefully resolve the nearly Seven-year long

18. USA-Russia
Syrian-Civil-War.
19. India-Mauritius To set up Digital locker services in Mauritius.
20. South Korea-Haryana Art, Culture and heritage coordination
14. MILITARY EXERCISES AND DEFENCE

TECHNOLOGY
MILITARY EXERCISES
S.No Name Countries Place
1. SAMPRITI India – Bangladesh Meghalaya
2. EX-BLUE FLAG 17 Multilateral Air force Exercise Israel
3. MITRASHAKTI India-Srilanka Pune
4. INDRA India-Russia Russia
5. DANX-17 Defence Andaman Nicobar Island Exercise by Army, A & N Islands
Navy and Air-force of India.
6. PRABAL DOSTYAK India-Khazakistan Himachal Pradesh
7. IMBAX 2017 India- Mynmar Meghalaya
8. 'AJEYA WARRIOR' India-Uk Rajasthan
9. 7th world military games Multilateral Game Wuhan in China
10. IMMSAREX-2017 International Multilateral Maritime Search and Rescue Exercise Bangladesh
11. JTN of Indian Army Indian Army Full Integrated Joint Training Node Shillong (Meghalaya)
DEFENCE TECHNOLOGY
1. BRAHMOS: Supersonic Cruise Chandipur in Odisha, marking a major
milestone in developing such weapons.
Missile:  The bomb -- SAAW (Smart Anti Airfield
Brahmos, the world’s fastest supersonic cruise Weapon) -- was dropped from an Indian Air
missile created history on 22nd Nov 2017 after it Force aircraft at the Integrated Test Range
was successfully flight-tested first time from the (ITR) in Chandipur.
Indian Air Force’s (IAF) frontline fighter aircraft
4. NIRBHAY:
Sukhoi-30MKI against a sea based target in the Bay
Nirbhay is India’s first indigenously designed and
of Bengal.
 Brahmos, the world-class weapon with multi- developed Long Range Sub-Sonic Cruise Missle
platform, multi-mission role is now capable of which can be deployed from multiple platforms.
being launched from Land, Sea and Air.  Speed 0.7 Mach.
 Brahmos is Surface to Air Missile with the 5. RAFAELE:
range of 290 KM.  Rafaele is Medium Multirole Comba Aircraft
 Brahmos is a joint venture between DRDO of (MMRCA).
India and NPOM of Russia.  It is joint venture between India-France. India
2. TEJAS: purchasing 36 Rafaeles from France.
 Tejas is Light weight combat aircraft.  French company Dassuault and Indian
 Manufactured by DRDO and Hindustan Company reliance started Dassault-Reliance
Aeronautics Limited. (Bangalore) Manufacturing facility in Nagapur to
3. GLIDED BOMB: Manufacture Rafaele Aircraft.
 An indigenously developed light weight ‘Glide’ 6. AKASAH:
bomb has been successfully tested in  Short range surface to air missile.
15. APPONTMENTS
1. Alphones Kannantham : Tourism Minister elected to Rajyasabha from Rajasthan.
2. Debjanigosh : First Women President of Nasscom (The National Association of software and
service companies. [From March 2018 onwards]
3. Sethrathnam Ravi : BSE Chairmen Bombay Stock Exchange Chairmen.
4. Suresh Chukkapalli : Counsel General to S. Korea.
5. Mary Kom : Youth Women World Championship Ambassador Gujarati from Nov, 2018.
6. Urjit Patel (RBI gov) : Financial Stability Advisory Board of Bank for International Settlement. (BIS)
7. Emmerson Mnangagwa : Zimbabwe New President
8. Shubanghi Swaroop : First Women Pilot of Indian Navy
9. Nirmala Sitharaman : Institute for Defence Studies and Analysis (IDSA) President
10. N.K. Singh : Chairmen of 15th Finance Commission
11. Dalveer Bandari : Judge in International Court of Justice (ICJ) for the period of 9 years (2018-2027)
(2nd time).
12. Quarraisha Abdrol Karim : UNAIDS Special Ambassador for Adolescent and HIV.
13. B.N. Sharma : Chairman of National Anti Profiteering Authority (NAA).
14. Snehlata : First woman Lok Sabha Secretary General
15. Shaktikanta Das : India’s G20 Sherpa
16. Pradeep Singh Kharola : Air India CMD
17. Uhuru Kenyatta : Kenyan president for second term
18. Bhaskar Gangully : All India Football Federation (AIFF) Ombudsman by Supreme Court of India.
19. Surya Prakash : Chairman of Prasar Bharati
20. Anand Rajeswar Baiwar : SEBI Executive Director
21. Borut Pahor : Slovenia President (2nd term), Capital: Ljubjana
22. AVPS Charkravarthy : World Packaging Organization Ambassador, HQ: Tokyo (Japan).
23. Ellie Goulding
(British Singer) : United Nations Environment Ambassador.
24. Dia Mirza
(Bollywood Actress) : United Nations Environment Ambassador.
INDIA ELECTED TO FOLLOWING ORGANIZATIONS:
(a) UNESCO Executive Board : Paris
(b) International Court of Justice : Hague
(c) International Maritime Org : London
16. AWARDS
S. No Award Person Country Contribution
Ranganatha Swamy Tamilnadu,
1. UNESCO Merit Award For Conserving Cultural Heritage
Temple India
Mumbain,
2. UNESCO Merit Award Christ Church For Conserving Cultural Heritage
India
Royal Bombay opera
3. UNESCO Merit Award Mumbai For Conserving Cultural Heritage
House
4. Best City Bus Award Surat India For 87% travelling in Buses
Best Non-Motorised
5. Mysore India Public bycle Sharing
Transport
Best Urban Transport
6. Kochi India Quick time Coupling Metro
Initiative
Best Intelligent Transport
7. Hyderabad India H-TRIMS
Project
General Insurance Apollo Munish
8. India
Company of year Health Insurance
Entrepreneur of the year
Mayaswaminathan
9. 2017 (Given by
Simha
ASSOCHAM)
Life time achievement “Gharam Queen” who passed
10. Girijadevi India
award in Literature recently
53rd Jnanapeet Award
Gujarath,
11. (Highest in Literature in Krishna Sobti (Hindi) Hindi Writer
India.
India)
UNESCO: Creative cities
12. Chennai India Music and Folk arts
Network 2017
13. Indiragandhi Peace Prize Manmohan singh India Social Service
Indiragandhi National
14. T.M. Krishnan Tamilnadu Carnatic Music
Integration Award
Jewish Nobel Prize 2018 Inspiration to next generation
15. Natalie Portman Israel
(Given by Israel Govt.) through professionalism
Mother Teresa Award UNHCR-UN Refugee
16. Geneva Refugee protection
2017 Agency
Big Little Award -2017 Nabaneeta Devsen
17. West Bengal Children literature
Given by Tata trust (Bengali Writer)
Indian Mountaineering
18. Foundation life time Manik Banarjee India Mountaineering
achievement award (IMF)
Lifetime Achievement
19. Award at Times Lit Fest Nayantara Sahgal India Literature
2017.
‘most visited place of the Golden Temple
20. India By World Book of Records
world’ Amritsar
3rd ICCR Distinguished Professor Hiroshi
21. Japan History field
Indologist Award Marui
WOMEN AND BEAUTY CONTEST 2017
Specification Name Country
Miss Earth -2017 Karen Ibasco Philiphines
Miss World – 2017 Manushi Chillar India
Miss International 2017 Kevin liliana Indonesia
Miss Universe 2017 Demi-leighnel-peters South Africa
Miss Supranational 2017 Jenny kim South Korea
‘NEWTON’ WINS 2 HONOURS AT ASIA PACIFIC SCREEN AWARDS
India’s Oscar entry “Newton” secured two wins at the Asia Pacific Screen Awards (APSA-2017) in Brisbane,
with Rajkumar Rao winning the best actor and Mayank Tewari and Amit V Masurkar claiming the best screenplay
honour.
 Manipuri movie “Lady of the Lake” won a special mention.
 Indian director Sanal Kumar Sasidharan was nominated in the achievement in directing category for his
Malayalam movie “S Durga”, which is in the news for being excluded from the Indian Panorama section of the
ongoing 48th International Film Festival in Goa.
INDIAN SPORTS HONOURS WERE GIVEN RECENTLY. HERE IS THE COMPLETE LIST OF THE WINNERS:
 Sportsman of the year (Individual sport): Srikanth Kidambi
 Sportsman of the year (Team sport) - Ravichandran Ashwin
 Sportswoman of the year (Individual sport) - PV Sindhu
 Sportswoman of the year (Team sport) - Mithali Raj
 Team of the year (Men/Women) - Indian Women's Cricket Team
 Coach of the year - Bisweshwar Nandi
 Emerging Sportswoman of the year - Aditi Ashok
 Emerging Sportsman of the year - Neeraj Chopra
 Differently-abled Sportsman of the year - Devendra Jhajaria
 Differently-abled Sportswoman of the year - Deepa Malik
JURY HONOURS
 Keep Walking Honour for Lifetime achievement - Balbir Singh
 Inspirational Honour - Sania Mirza
 Transformational Contribution to Sport - Abhinav Bindra
POPULAR CHOICE HONOURS
 Breakthrough performance of the year - Hardik Pandya
 Star Sports Believe Honour (Comeback of the year) - Saina Nehwal
 Spirit of Sport - Yogeshwar Dutt
 Player of the year - Sunil Chhetri
 Club of the year - Mumbai Indians
 Best Fan Club - Manjappada Kerala Blasters.
120 BEATS PER MINUTE WINS THE GOLDEN PEACOCK AT IFFI 2017
Morocco born French Director Robin Campillo’s drama film ‘ 120 BPM’ or ‘120 Beats Per Minute’ has won the
coveted Golden Peacock Award at the 48th International Film Festival of India (IFFI), which concluded in Goa on
November 28.
 Chinese director Vivian Qu won the Best Director Award for her 2017 film ‘Angels Wear White’.
 The Best Actor (Male) Award goes to Nahuel Perez Biscaryat.
 The Best Actor (Female) goes to Parvathy T K.
 Mahesh Narayan also walks away with the Special Jury Award for his directorial debut ‘Take Off’.
 Bolivian director Kiro Russo has won the Silver Peacock for the Best Feature Film of the Director.
 Manouj Kadaamh’s Marathi film ‘Kshitij’ has won the ICFT-UNESCO Gandhi Medal.
 One of Canada’s most celebrated art house directors, Atom Egoyan was honoured with the IFFI 2017 Lifetime
Achievement Award.
 The Indian Film Personality of the Year Award was presented to Bollywood legend Amitabh Bachchan.
REPORTS & PUBLISHING ORGANIZATION

S.No. Report Name Organization
1. Ease of Doing Business World Bank
2. World Economic Outlook International Monetary Fund (IMF )
3. Global Financial Stability Report International Monetary Fund (IMF )
4. Global Financial System Report Bank for International Settlement (BIS)
5. Global Financial Development Report World Bank
a) Global Gender Gap Index
World Economic Forum (WEF )
6. b) World Environment Perform Index.
c) Global Competitive Index.
7. Gender Inequality Index United Nation Development Programme (UNDP)
8. Human Development Index United Nation Development Programme (UNDP)
9. Education Development Index United Nation Organization (UNO)
10. Global Money launching Report Financial Action Task Force
11. Global Corruption Index Trans porting International
12. Global Emission Index United Nation Frame work on Climate Change (UNFCC)
13. Carbon Environmental Out work United Nation Environmental Programme. (UNEP)
14. Red Books International Union for Conservation of Nature (IUCN)
15. Financial Stability Report (India) RBI
16. Macro economic review (India) RBI
17. T-Bills Action RBI
18. Economic Survey Finance Ministry
17. INDEXES AND COMMITTEES

INDEXES
S.No. Index Name/Report First Rank India Rank
1. Global Gender Gap-2017 by World Economic Forum Iceland 108th
2. Climate Risk Index-2018 by Germany Watchdog Haiti 6th
3. Ease of Doing Business-2018 by World Bank New Zealand 100th
4. Percapita GDP by IMF Qatar (81 lakhs) 126th (4 lakhs)
5. Best Digital City in world by Economic Intelligence Unit Bengaluru -
6. World Talent Rankings by Global Business School Switzerland 51
7. Freedom on the Net by Freedom House of USA Iceland 41
INDIA EASE OF DOING BUSINESS INDEX-OVERALL RANK: 100
S.No. Business Rank
1. Construction permits 181
2. Paying Taxes 119
3. Enforcing contracts 164
4. Resolving Insolvency 103
5. Getting Credit 29
6. Protecting Minority Investor 4
7. Starting of Business 155
8. Trading Across Boarder 143
9. Registering Property 138
10. Getting Electricity Connection 26
Overall Rank 100
COMMITTEES
S.No Committee Issue
1. P.D. Siwal Blast of Power Plant in Raebareli
2. Tulasi Gabbard (USA-MP) Chairman of World Hindu Congress-2018
3. Arbind Modi To review Income Tax Act – 1961
4. Injeti Srinivas Insolvency Law Committee
5. Arunjaitley Merging of Public Sector Banks
6. Ajay Bushan Pandey (GSTN Chairman) Simplifying GST filings
7. P. Venkatarami Reddy 2nd Judicial pay commission to increase salaries of Judges
8. C.K. Mishra Delhi Air pollution studying Committee.
9. N.K. Singh 15th finance commission
10. Y.M. Deonastele To prepare Public Credit Registry
11. B.N. Sharma Chairman of National Anti Profiteering Authority
18. SPORTS
S.No Sport Specialization
Venue: Kakamigahara (Japan ).
Hockey Asia Cup 2017 (women) Final Match: India (Vs) China
1.
India Captain: Rani Rampal India won the match against China
This is the second time India won Asia cup (2004, 2017)
Venu: Brisbane ( Australia)
2. Common Wealth Shooting Championship Heena Sidhu  10m Air pistol  Gold Medal
Deepak Kumar  10m Air pistol  Silver Medal
Marykom (Vs) Hyang Mikim (North Korea)
3. Asia Boxing Championship Marykom won the gold medal. This is the fifth time.
Marykom won Asia Boxing Championship.
17th World Billiards - Pankaj Adwani (India) (Vs) Mike Russels (England)
Pankaj Adwani Clinched 17th World Title)
4. Pankaj Advani vs Amir Sarkhosh (Iran)
18th World Billiards –
Pankaj Adwani Clinched 18th World Title)
Nagaland (Vs) Kerala

Nagaland Scored Just two runs in Match.
5. Under-19 Women Cricket Match
The Lowest score in a History.
Kerala won Match by Playing just single ball.
Women: Saina Nehwal (Vs) P.V.Sindhu
Saina Nehwal won match and clinched Third
title
6. Badminton National Championship
Men: H.s.Prannoy (Vs) Kidambi Srikanth
H.S. Prannoy won Match and first National Title for
him
Instituted – 1987
No. of teams – 20
7. Rugby World Cup Most titles – New Zeland ( 3 tittles)
2019 Rugby World Cup Venue: Japan
2023 Rugby World Cup Venue: France
Venue: Guwahati (Assam)
Mascot: One Horned Rhino ‘ Guppu”
World Women Youth Boxing
8. Theme (Anthem): Make some Noise
Championship
Ambassidor: Mery Kom
Boxing Federation of India President – Ajay Singh
 Gopi Thonakal became the first India man to win
Asian Marathon Championships after he achieved the
9. Asian Marathon Championship feat in the 16th edition of the prestigious event.
 Gopi clocked 2 hours, 15 minutes and 48 seconds to
clinch the gold.
India topped the medals' chart after claiming five gold
medals on the final day of the AIBA World Women's
Youth Boxing Championships in Guwahati.
AIBA Youth Women Boxing  Nitu (48 kg), Jyoti (51 kg), Sakshi (54 kg), Shashi
10.
Championship Chopra (57 kg) and Ankushita Boro (64 kg)
clinched the gold medals.
 It was the biggest medal haul in the championship,
followed by Russia (2 gold, 4 silver).
France wins davis cup for 10th time
11. Davis Cup (Tennis)
France Vs Belgium.
Venue: Kaulampur (Malaysia)
12. Under-19 Asia Cup Cricket Afghanistan Vs Pakistan
Afghanistan won Asia Cup against Pakistan
First Indian Fighter to ultimate fighting championship as
13. Bharat Khandare (MH)
Mixed Martial Art (MMA) fighter
61st National Shooting Champion
14. Shagun Chowdhary She won National Women’s trap event
First Indian women to trap shooter to win an Olympic berth
Venue: Gorgan (Iran)
15. Kabaddi Asia Championship Men: India Vs Pakistan (Won by India)
Women: India Vs South Korea (Won by India)
First Captain in the world to score 6 double centuries in
Cricket
Previous Record: Brain Lara: 5 double centuries (West
Indies).
16. Virat Kohli Kohli completed 50 centuries in all formats of cricket.
Fastest cricketer to score 9000 runs in one day international
matches.
In ODI he completed 32 centuries. 2nd place in the world
after Sachin Ramesh Tendulkar
Fastest 300 wickets taker in Test Match format (54 tests)
17. Ravi Chandran Ashwin
Lilly: 300 wickets in 56 Test Matchs (Previous record)
First Indian in over two decades to claim a gold medal at the
18. Saikhom Mirabai Chanu (Manipur)
World Weightlifting Championship.
19. SUMMITS (NOV-2017)

S.No Summit Venue
APCERT: Asia Pacific Computer Emergency Response New Delhi

1.
Team Conference [ First time in India ]
2. Global Cyber Security Conference – 2017 New Delhi
3. India- ASEAN Business Summit New Delhi
4. Organic World Congress New Delhi
5. World Food India New Delhi
6. Disaster response Summit New Delhi
7. First Heli Taxi Expo New Delhi
8. Global Club foot Conference New Delhi
9. International Congress of Military Medicines New Delhi
10. Global Entrepreneurship Summit Hyderabad
11. World Information Technology Congress 2018 Hyderabad
12. World Technology Summit-2017 Vishakapatnam
13. Noble Prize Series 2018 Goa
14. Agro Vision 2017 Nagapur
15. Sangai International Festival Manipur
16. Global Conference on Eradication of Child Labours Buenos Aires (Argentina)
17. World Trade Organization Summit-2017 Buenos Aires (Argentina)
18. 31st ASEAN Summit Manila (Philippines)
19. India-ASEAN Manila (Philippines)
20. World Youth Forum Shanran El Shiekh (Egypt)
21. First Tribal Entreprenship Summit Dantewada (Chattisgarh)
22. 7th Asia Ministerial Energy Round Table (AMER) Bangkok
23. UN Conference on Climate Change [ COP – 23] Bonn (Germany)
24. Asia Pacific Economic Forum (APEC) Vietnam
25. 10th South Asia Economic Summit Katmand (Nepal)
26. WHO Conference on Tuberculosis (1st conference) Moscow (Russia)
27. UN Peace keeping Forces Conference Vancouver (Canada)
28. International Geological Congress in 2020 New Delhi
29. Kisan Mukti Sansand New Delhi
30. World Congress of Mental Health New Delhi
31. Global Green Film Fest New Delhi
32. North-East business summit New Delhi
June, 2017: Astana (Kajakistan)

33. Shanghai Cooperation Organization Dec., 2017: Mascow (Russia)
2018: China
FUTURE SUMMITS
S.No. Summit Place
1. BRICS-2018 South Africa
2. ASEAN-2018 Singapore
3. G-20: 2018 Buenos Aires (Argentina)
4. G-20:2019 Tokyo (Japan)
5. G-7:2018 Quebec (Canada)
6. WTO-Dec 2017 Buenos Aires (Argentina)
7. APEC-2018 Papua New Guinea
8. NATO -2018 Brussels (Belgium)
9. SCO-2018 China
10. CHOGM-2018 London (UK)
11. ASEM-2018 Brussels (Europe)
12. World IT Congress-2018 Hyderabad
13. UNFCC-COP: 24: 2018 Poland
14. 2018 Youth Olympics Buenos Aires (Argentina)
20. IMPORTANT DAYS

DECEMBER
December 01 : World Aids day
December 02 : International Day for Abolition of slavery
December 02 : World computer literacy Day
December 02 : World pollution perversion Day
December 03 : International Day for persons with Disabilities
December 04 : Indian Navy Day
December 05 : World Soil Day
December 05 : International volunteer Day
December 07 : Armed forces flag Day (India)
December 07 : International civil Aviation Day
December 09 : International Anticorruption Day
December 10 : World Human Rights Day
December 14 : National energy conservation Day
December 18 : International Migrants Day
December 23 : Kisan Diwas
December 24 : National Consumer Rights Day
December 25 : Good Governance Day (GGD)
JANUARY
Jan 04 : World Barille Day
Jan 09 : Pravas Bharatiya Diwas
Jan 12 : National Youth Day
Jan 15 : Army Day
Jan 24 : National Girlchild Day
Jan 25 : National Voters Day
Jan 26 : Republic Day
Jan 27 : International Day for Victims of Holocaust.
Jan 28 : Data Privacy Day
Jan 30 : Martyo’s Day (India)
Jan 30 : Leprosy Prevention Day
Jan 30 : Sarvodaya Day (India)
21. NATIONAL AND INTERNATIONAL NEWS

1. WEST BENGAL GETS GI TAG FOR App’ benefitting customers of Coal India Limited
ROSOGOLLA (CIL) lifting coal through road mode.
 The customer friendly app, launched recently in
West Bengal has won a long-drawn-out battle over
Kolkata on CIL’s Foundation Day, helps
rasgulla when Chennai-based Geographical
Indications (GI) Registry announced that one of achieve transparency in despatch operations, as
India’s signature sweets originated in the state and a tool to monitor, whether the despatches are
not Odisha. made on the fair principle of ‘First in First Out’
 Bengal and Odisha have been locked in this and keeps track of all the activities from
fight over the GI registration of rasgulla since issuance of Sale Order to physical delivery of
2015. coal by road.
 West Bengal CM Mamta Benerjee expressed 4. RAJNATH SINGH CHAIRS SECOND MEETING
her happiness as Bengal has been granted GI OF ISLAND DEVELOPMENT AGENCY
(Geographical Indication) status for Rosogolla.
The Union Home Minister Shri Rajnath Singh
2. SHE-BOX ONLINE COMPLAINT chaired the second meeting of Island Development
MANAGEMENT SYSTEM FOR WORKING Agency (IDA).
WOMEN  The Island Development Agency reviewed the
WCD Minister Smt Maneka Sanjay Gandhi concept development plans and detailed master
launched a comprehensive SHe-Box online plans for holistic development of 09 islands
complaint Management System for women working (four in A&N Islands i.e. Smith, Ross, Long,
in both public and private organizations to lodge Avis) and (five in Lakshadweep i.e. Minicoy,
complaints of sexual harassment at workplace. Bangaram, Thinnakara, Cheriyam, Suheli).
 The SHe-Box was launched in New Delhi to  The project being steered by NITI Aayog aims
ensure the effective implementation of the at promoting and implementing development
Sexual Harassment of Women at Workplace based on sustainable approach to building a
(Prevention, Prohibition and Redressal) Act thriving maritime economy of the project
(the SH Act), 2013. islands.
 The new SHe-Box portal offers the facility of
 The IDA was set up on June 01, 2017
making online complaints of sexual harassment
following the Prime Minister’s review meeting
at workplace to all women employees in the
for the holistic development of islands.
country including government and private
employees. 5. INDIA’S SECOND TISC ESTABLISHED AT
 Those who have already filed a written ANNA UNIVERSITY, CHENNAI
complaint with the concerned Internal The Department of Industrial Policy and Promotion
Complaint Committee (ICC) or Local (DIPP), Ministry of Commerce & Industry,
Complaint Committee (LCC) constituted under Government of India, has signed an Institutional
the SH Act are also eligible to file their agreement with Anna University to establish India’s
complaint through this portal. second Technology and Innovation Support Center
3. COAL INDIA LAUNCHED “GRAHAK SADAK (TISC) at the Centre for Intellectual Property Rights
KOYLA VITARAN APP” (CIPR), Anna University, Chennai, under the World
Shri Piyush Goyal, Union Minister of Railways & Intellectual Property Organization’s (WIPO) TISC
Coal has launched ‘Grahak Sadak Koyla Vitaran program.
 WIPO’s Technology and Innovation Support 9. VARANASI TOPS THE LIST OF COUNTRY'S
Center (TISC) program provides innovators in MOST POLLUTED CITY
developing countries with access to locally At a time when National Capital is hitting the
based, high quality technology information and headlines over alarming levels of pollution, a report
related services, helping them to exploit their by the Central Pollution Control Board (CPCB) has
innovative potential and to create, protect, and found that the air quality of holy city Varanasi
manage their Intellectual Property Rights is most polluted among the 42 cities monitored
(IPRs). recently.
 CIPR has an experience of filing more than 185  Varanasi’s Air Quality Index (AQI) at 4
Patents, 29 Trademarks, 39 Copyrights, 25 PM was at an alarming 491, followed
Industrial Design. by Gurugram at 480, Delhi at 468, Lucknow at
6. MODI, HASINA, MAMATA FLAG-OFF 462 and Kanpur at 461.
 Notably, pollution level is categorised as
KOLKATA-KHULNA TRAIN SERVICE
‘severe’ when the AQI ranges between 401 and
A new passenger train service between Kolkata and 500, which affects healthy people and seriously
Bangladesh's southwestern industrial city of Khulna impacts those with existing diseases.
was flagged off by Prime Minister Narendra Modi,
10. NORTHEAST TO GET INDIA'S FIRST EVER
his Bangladesh counterpart Sheikh Hasina and the
'AIR DISPENSARY'
West Bengal chief minister.
 A fully air-conditioned weekly passenger train
Northeast is all set to get India’s first-ever "Air
Dispensary" based in a helicopter and the Union
service 'Bandhan Express' will run every
Ministry of Development of Northeast (DONER)
Thursday from both Kolkata and Khulna.
has already contributed Rs. 25 crore as part of the
 On the occasion, Modi said the ties of
initial funding for this initiative.
friendship between India and Bangladesh have
 As per the envisaged plan, Dr Jitendra Singh
further strengthened. said, to begin with, helicopter will be based at
7. INDIA'S FIRST MILITARY LITERATURE two locations, namely Imphal in Manipur and
FESTIVAL IN CHANDIGARH Meghalaya in Shillong.
India's first Military Literature Festival (MLF) will  Both of these cities have premier postgraduate
be held in Chandigarh in December as a tribute to medical institutes from where specialist
the armed forces. doctors, along with the necessary equipment
and paramedical staff, would be able to move
 The MLF will be held here from December 7 to
into the helicopter and hold a dispensary/OPD
9.
in different locations across the eight States of
 Top thinkers, authors, historians, curators and
North Eastern Region.
experts related to defence matters will
 On its way back, he said, the same helicopter
participate in the event.
can also transport a sick patient, requiring
8. ENVIRONMENT MINISTRY FORMS 7-MEMBER admission, to a city hospital.
PANEL TO MONITOR DELHI POLLUTION 11. 14TH ANNUAL INDIA-CANADA MINISTERIAL
The environment ministry has reportedly taken DIALOGUE ON TRADE HELD IN NEW DELHI
action and ordered the forming of a 7-member The 4th India-Canada Ministerial Dialogue on
committee to tackle the Delhi air pollution. Trade and Investment was held in New Delhi.
 The committee formed by the environment  The Indian Delegation was led by the Minister
ministry will look to formulate short-term and for Commerce and Industry, Shri Suresh
long-term plans. Prabhu while the Canadian side was headed by
 The committee will be headed by environment the Minister for International Trade, Mr.
secretary CK Mishra. François-Philippe Champagne.
 The talks were held in a friendly and The overall goals of GCCS 2017 are to
encouraging atmosphere covering a host of promote the importance of inclusiveness and
trade and investment issues. human rights in global cyber policy.
 Both sides recognized that the current bilateral 14. GOVERNMENT UNVEILS UMANG APP FOR
trade is much below the potential between the CITIZEN SERVICES
two world’s robust economies, despite the huge Prime Minister Narendra Modi has launched a new
untapped potential for two-way trade and mobile app -- UMANG (Unified Mobile
investment. Application for New-age Governance) which will
allow citizens to access government services on a
12. EXCLUSIVE 'RURAL LIVELIHOOD' SCHEME
single platform.
FOR NORTHEAST  The services live on the app include Aadhaar,
The Union Minister of State (Independent Charge) DigiLocker, Bharat Bill Payment System
for Development of North-Eastern Region (BBPS) among others.
(DoNER), MoS PMO, Personnel, Public  It supports 13 Indian languages and caters to
Grievances, Pensions, Atomic Energy and Space, on-demand scalability. It will also soon support
Dr Jitendra Singh spoke about an exclusive "Rural feature phones without internet through USSD.
Livelihood" scheme for the Northeast. 15. TN HAS HIGHEST NUMBER OF WOMEN
 The unique scheme under the title “North East ENTREPRENEURS: REPORT
Rural Livelihood Project” is being supported Tamil Nadu has the highest number of women
by the World Bank and will primarily benefit entrepreneurs in India, followed by Kerala and
the tribals and the lower socioeconomic groups, West Bengal, reveals a new report.
including women, in the North-Eastern Region  Nearly 80 per cent of women entrepreneurs in
India are self-financing their businesses, with
(NER).
little utilisation of the various government
 To begin with, four states, - Mizoram,
schemes.
Nagaland, Sikkim and Tripura, will be taken up
 Goa, Jammu and Kashmir, Karnataka,
for helping the tribal and even the non-tribal Rajasthan, and West Bengal have emerged as
lower groups living in remote areas. top five states offering the maximum number of
 The project is aimed at assisting over 10,000 schemes for women entrepreneurs, it said.
Self Help Groups (SHGs) and benefit about 16. PRESIDENT OF INDIA TO INAUGURATE
three lakh poor households. INTERNATIONAL GITA MAHOTSAVA-2017
13. PRIME MINISTER INAUGURATES 5TH The President of India, Shri Ram Nath Kovind, will
GLOBAL CONFERENCE ON CYBERSPACE, inaugurate the International Gita Mahotsava-2017
on November 25, 2017 in Kurukshetra, Haryana.
2017
 Earlier in the day, the President will visit
Shri Narendra Modi, Hon’ble Prime Minister of Brahma Sarovar.
India inaugurated the Global Conference on  He will also lay the foundation stone of the
Cyberspace 2017 in the Capital. Gita Research Centre at Gita Gyan
 Themed on Cyber4All: A Secure and Inclusive Sansthanam.
Cyberspace for Sustainable Development, this 17. PUNJAB GOVT TO GIVE RS. 75,000 AID FOR
is the fifth edition of GCCS wherein SC, INTER-CASTE MARRIAGES
international leaders, policymakers, industry The Punjab government will give an assistance of
experts, think tanks and cyber experts will Rs. 75,000 for marriages of couples belonging to
gather to deliberate on issues and challenges for the Scheduled Caste (SC) as well as the inter-caste
optimally using cyber space. marriages in the state.
 Under the new scheme the non-governmental 20. GOVT TO SET UP PRADHAN MANTRI MAHILA
organisations (NGOs), Trusts and other social
SHAKTI KENDRAS IN 115 DISTRICTS
welfare institutions arranging more than 10
The Centre has approved setting up of 'Pradhan
marriages of SC and inter-caste couples will be
Mantri Mahila Shakti Kendras' across 115 most
given financial assistance to the tune of Rs
backward districts of the country through a new
75,000 per couple.
scheme for reaching out to rural women and
 A sum of Rs. 60,000 would be given for
facilitating skill development, employment, digital
purchasing household items such as utensils,
literacy, health and nutrition.
furniture and gold and Rs 15,000 per couple to
 The government also approved expanding the
the organiser or concerned organisation as
Beti Bachao, Beti Padhao scheme from 161
consolation prize, the spokesperson added.
districts to 640 districts in the country.
18. MULTI STATE MEGA MOCK TSUNAMI
 The financial outlay for these schemes from
EXERCISE 2017 HELD 2017 to 2020 will be Rs 3,636.85 crore.
The Ministry of Home Affairs through National 21. ODISHA TO LAUNCH NEW
Disaster Management Authority (NDMA) and the
IRRIGATION SCHEME
Indian National Centre for Ocean Information
Services (INCOIS) conducted a first-of-its-kind Odisha government has decided to launch a new
multi-State mega mock exercise on tsunami scheme worth Rs 635 crore to provide irrigation
preparedness covering the entire eastern coastline facility to about 55,000 hectare of agricultural land
of the country. across the state.
 Simulation exercises were conducted  The scheme, “Nabakrushna Choudhury Seccha
simultaneously in 35 coastal districts across Unnayan Yojana”, has been named after former
four States of West Bengal, Odisha, Andhra chief minister and freedom fighter
Pradesh & Tamil Nadu and Union Territory of Nabakrushna Choudhury.
Puducherry along the entire East Coast.  The scheme would be implemented with an
 It was aimed to assess and improve the early outlay of Rs 635 crore over a period of three
warning and response mechanism to mitigate years.
the impact of a high-intensity tsunami.  Under the scheme, 46,296 hectare command
19. NATIONAL LAW DAY TO BE CELEBRATED area of 14 major and medium irrigations and
284 minor irrigation projects will be revived.
JOINTLY BY LAW COMMISSION AND NITI
22. 12TH MEETING OF STANDING COMMITTEE
AAYOG
OF INTER-STATE COUNCIL
The National Law Day-2017 will be celebrated
jointly by the Law Commission of India and NITI The Union Home Minister Shri Rajnath Singh
Aayog on 25th-26th November at Vigyan Bhawan chaired the 12th meeting of the Standing
in the capital. Committee of Inter-State Council (ISC) in New
 President Shri Ram Nath Kovind will Delhi.
inaugurate the event on 25th November while  He said that the meeting of the Inter State
the Prime Minister Shri Narendra Modi will Council, which was held in July, 2016,
deliver the Valedictory Address on 26th happened after a gap of 10 years.
November.  Subsequent to that, meetings of the Standing
 The significance of the event lies in the fact Committee of the Inter-State Council are being
that the Constitution of India was adopted by periodically convened to lend speed and
the Constituent Assembly on 26th November, purpose to the process of harmonizing Center
1949. State relations, he said.
23. INDIA TO HELP MAURITIUS ON DIGITAL  The signing of MoU is in line with the
LOCKER
Government’s endeavor to promote
entrepreneurship under the Government’s Skill
The Government of India will assist Mauritius to
India Programme.
develop and set up digital locker services, a top
 NSDC is the implementation arm of Ministry
official said.
of Skill Development and Entrepreneurship.
 The government will offer technical support
and advisory services to Mauritius. 27. THREE DAY INDIA-AFGHAN CULTURAL
 Besides, in similar separate meetings with Iran FESTIVAL INAUGURATED IN NEW DELHI
and Denmark, it had been decided to The Minister of State (Independent Charge) for
collaborate on issues related to IT. Culture, Dr. Mahesh Sharma and Minister of
24. GOLDEN TEMPLE AWARDED ‘MOST VISITED Culture and Information of the Islamic Republic of
PLACE OF THE WORLD’ Afghanistan, His Excellency Prof. Moh. Rasool
 The Golden Temple has been awarded the Bawari inaugurated the India-Afghan Cultural
‘most visited place of the world’ by ‘World Festival in New Delhi.
Book of Records’ (WBR), a London-based 28. ASIAN DEVELOPMENT BANK TO PROVIDE
organization that catalogues and verifies world $20 BILLION LOAN TO INDIA OVER
records.
FIVE YEARS
25. PRIME MINISTER TO INAUGURATE GLOBAL
Asian Development Bank (ADB) said it will raise
ENTREPRENEURSHIP SUMMIT annual funding to India to up to $4 billion from
The Global Entrepreneurship Summit (GES- existing $2.7 billion, from next year.
2017) is being held for the first time in South Asia  As part of ADB’s Country Partnership Strategy
in Hyderabad, India, from November 28-30. 2018-22, annual sovereign funding will
 Co-hosted by the Governments of the United increase from $2 billion to $3 billion while
States and India, Prime Minister of India private sector funding would be doubled to $1
Narendra Modi will inaugurate the summit and billion.
Advisor to the President Ivanka Trump will
29. INDIA PLEDGES $2.87M TO STRENGTHEN
lead the U.S. contingent to GES.
PUBLIC TRANSPORT IN AFGHANISTAN
 With the theme of “Women First, Prosperity
for All,” this will be the first GES in which India has pledged to contribute about USD 2.87
women are the majority, over 52.5 per cent, of million to Afghanistan in its latest financial
the participants assistance to the neighbouring country.
 The assistance will be used to repair around
26. SKILL INDIA PARTNERS WITH AIRBNB TO
350 public buses in the country.
UPSKILL HOSPITALITY ENTREPRENEURS
 India has helped Afghanistan time and again in
A tripartite Memorandum of Understanding (MoU)
its reconstruction since the fall of the Taliban
was signed between National Skill Development
regime.
Corporation (NSDC) and Tourism and Hospitality
30. L&T BAGS EPC ORDER FOR 400 MW POWER
Sector Skill Council (THSC) with Airbnb, the
world’s leading community-driven hospitality PLANT IN BANGLADESH
company. Industrial conglomerate Larsen and Toubro (L&T)
 The MoU will provide hospitality skills said it has bagged an engineering, procurement,
training to hospitality micro-entrepreneurs in construction (EPC) order for a 400 megawatt (MW)
India. gas-based power plant in Bangladesh.
 Bangladesh Power Development Board 34. TN HAS HIGHEST NUMBER OF WOMEN
(BPDB) has awarded the contract for setting up
ENTREPRENEURS: REPORT
Bibiyana South 400 mw combined cycle power
Tamil Nadu has the highest number of women
plant project to a consortium of L&T and
entrepreneurs in India, followed by Kerala and
Samsung C&T Corp of South Korea.
West Bengal, reveals a new report.
31. RAJASTHAN GOVT LAUNCHES FREE
Nearly 80 per cent of women entrepreneurs in India
LEARNING APP ‘DISHARI’
are self-financing their businesses, with little
Rajasthan’s Higher and Technical Education utilisation of the various government schemes.
minister Kiran Maheshwari has launched ‘Dishari’ -- an
Goa, Jammu and Kashmir, Karnataka, Rajasthan,
educational mobile application that provides free study
and West Bengal have emerged as top five states
materials for youths preparing for competitive
offering the maximum number of schemes for
examinations.
women entrepreneurs, it said.
The app features interactive quizzes with questions
related to mathematics, general knowledge, current 35. PRESIDENT OF INDIA TO INAUGURATE
affairs, computers, reasoning, and economics. INTERNATIONAL GITA MAHOTSAVA-2017

32. ANUPRIYA PATEL INAUGURATES THE The President of India, Shri Ram Nath Kovind, will
NATIONAL BIOMATERIAL CENTRE inaugurate the International Gita Mahotsava-2017
Smt. Anupriya Patel, Minister of State (HFW) has on November 25, 2017 in Kurukshetra, Haryana.
inaugurated the National Biomaterial Centre Earlier in the day, the President will visit Brahma
(National Tissue Bank) at the National Organ and Sarovar.
Tissue Transplant Organization (NOTTO). He will also lay the foundation stone of the Gita
The main thrust & objective of this centre is to fill Research Centre at Gita Gyan Sansthanam.
up the gap between ‘demand’ and ‘supply’ as well 36. PUNJAB GOVT TO GIVE RS. 75,000 AID FOR
as ‘quality assurance’ in the availability of various
SC, INTER-CASTE MARRIAGES
tissues.
The Punjab government will give an assistance of
33. EXCLUSIVE 'RURAL LIVELIHOOD' SCHEME
Rs. 75,000 for marriages of couples belonging to
FOR NORTHEAST the Scheduled Caste (SC) as well as the inter-caste
The Union Minister of State (Independent Charge) marriages in the state.
for Development of North-Eastern Region
37. MULTI STATE MEGA MOCK TSUNAMI
(DoNER), MoS PMO, Personnel, Public
Grievances, Pensions, Atomic Energy and Space, EXERCISE 2017 HELD
Dr Jitendra Singh spoke about an exclusive "Rural The Ministry of Home Affairs through National
Livelihood" scheme for the Northeast. Disaster Management Authority (NDMA) and the
The unique scheme under the title “North East Indian National Centre for Ocean Information
Rural Livelihood Project” is being supported by the Services (INCOIS) conducted a first-of-its-kind
World Bank and will primarily benefit the tribals multi-State mega mock exercise on tsunami
and the lower socioeconomic groups, including preparedness covering the entire eastern coastline
women, in the North-Eastern Region (NER). of the country.
To begin with, four states, - Mizoram, Nagaland, 38. ODISHA TO LAUNCH NEW IRRIGATION
Sikkim and Tripura, will be taken up for helping the
SCHEME
tribal and even the non-tribal lower groups living in
remote areas. Odisha government has decided to launch a new
The project is aimed at assisting over 10,000 Self scheme worth Rs 635 crore to provide irrigation
Help Groups (SHGs) and benefit about three lakh facility to about 55,000 hectare of agricultural land
poor households. across the state.
The scheme, “Nabakrushna Choudhury Seccha 40. RICE FIELD LABORATORY IN MANILA NAMED
Unnayan Yojana”, has been named after former
AFTER PM MODI
chief minister and freedom fighter Nabakrushna
While on his visit to Philippines, PM Narendra
Choudhury.
The scheme would be implemented with an outlay Modi visited the International Rice Research
of Rs 635 crore over a period of three years. Institute (IRRI) in Los Banos, Philippines and
Under the scheme, 46,296 hectare command area of inaugurated ‘Shri Narendra Modi Resilient Rice
14 major and medium irrigations and 284 minor Field Laboratory’.
irrigation projects will be revived.  He also presented two Indian rice seed varieties
39. EXTREME WEATHER EVENTS: INDIA 6TH to the IRRI gene bank.
MOST VULNERABLE COUNTRY  IRRI is a premier research organisation
India is the sixth most vulnerable country in the dedicated to reducing poverty and hunger
world in terms of facing extreme weather events through rice science.
with Haiti, Zimbabwe, Fiji, Sri Lanka and Vietnam 41. SAUDI ARABIA APPROVES YOGA AS A
taking top five positions in the fresh list of nations SPORTS ACTIVITY
facing climate risk.
Saudi Arabia has officially approved Yoga as a
 The ranking was released here by the German
sporting activity under its Ministry of Trade and
watch, an independent Berlin-based
Industry.
development and environmental organization,
 So, anyone who now wishes to practice or
in its latest global climate risk index (CRI).
 The Index put the United States (US) at 10th teach yoga can do so by applying for a licence.
position with Chinese Taipei, Macedonia and  The Crown Prince known as MBS launched the
Bolivia being the other three vulnerable new vision 2030 that focuses on development
countries in the list of top ten. and investing in youth.
22. DEATHS
1. PADMA SHRI AWARDEE AUTHOR MANU SHARMA PASSES AWAY
Noted author and Padma Shri awardee Manu Sharma alias Hanuman Prasad Sharma died following a prolonged
illness.He was 89.
 He was nominated as one of the 'navratna' of the Swachha Bharat Abhiyan by Prime Minister Narendra
Modi during his visit to Varanasi, his Lok Sabha constituency in 2014.
2. FORMER NEPAL PM BISTA PASSES AWAY AT 90
Former Prime Minister of Nepal Kirti Nidhi Bista passed away at the age of 90 in Kathmandu.
 Born in Thamel, Kathmandu, Bista became Prime Minister for three times from 1969 to 1970, 1971 to 1973
and 1977 to 1979 and was the Vice-chair in the government led by then King Gyanendra Shaha.
3. FORMER TEST CRICKETER MILKHA SINGH PASSES AWAY
Former India cricketer A G Milkha Singh passed away after a cardiac arrest at a hospital in Chennai. He was 75.
 Milkha Singh played four Test matches in the early 60s.
 His elder brother Kripal Singh, also played for the country in 14 Tests. They played together in one Test
against England in 1961-’62.
4. NARAYANARAO BODAS
He was an Indian Vocalist from Maharashtra in the Hindustani classical tradition.
5. JAGADISH MOHAN
He was Kirana Gharana of Hindustani Classical from Haridwar.
6. GIRIJA DEVI
She was Queen of Gharana of Hindustani Classical from Benaras.
7. KUNWAR NARAYAN
He was Hindi Poet and Jnanapeet Award recipient. The collection of his poems is called Chakravyuh.
8. PRIYARANJAN DAS MUNSI
He was a politician and football player from the state of West Bengal.
9. JANA NOVOTHA
Czech Tennies Player
10. M.V. SRIDHAR
Cricket player from Telangana. He played in Ranji Trophy.
23. FIRST ACHIEVEMENTS

S.No Achievements Place
1. India’s first wave power navigation buoy launched in Chennai
2. World first all electric ship (600 tonnes-Lithium battery) China
3. The virtual space kingdom of Asagardia launched first satellites Asgradia-1
4. US Approves first drug with a digital ingestion tracking system “Ability Mycite” Mental
illness drug
5. First north east state to launch point of sales (POS) for paying electricity Nagaland
bills
6. India’s first mega coastal Economic Zone (CEZ) Jawaharlal Nehru Port Trust
(JNPT) Mumbai
Cost 15000 crs
7. IKEA Opens first “HEJ HOME” (Furniture selling shop from Sweden) Hyderabad
8. World’s first 3D Sanskrit Film Anurakthi
9. Shubangi Swarup (Uttar Pradesh) India’s first women pilot of

Navy
10. World biggest toilet constructed which was opened on World Toilets Day Trump village (Haryana)
Nov 19 at.
11. Highest paid women in music in 2019 by Forbes. She earned $ 105 Beyonce (American singer)
millions
12. First women secretary general of Loksabha Snehalatha
13. First Indian to win Asia Marathon Championship Gopithonakal
14. First Indian to claim gold Medal at the world weight lifting championship Saikhom Meerabai Chanu
after two decades (Manipur)
15. First rank in organ donation in India Telangana
16. First Artificial Intelligence Politician and Manufactured by SAM (New Zealand)
17. First cricket team Captain to register 10 centuries in a calendar years 2017 Virat Kohli (India)
He completed 50 centuries in all formats.
18. World Fastest 300 test wicket taker in 54 test Matches Ravichandran Ashwin
19. First women DGP of Karnataka Neelamani N. Raju
20. First ever Nordic Baltic youth film festival New Delhi
Countries (ND8) (Denmark, Iceland, Germany, Estonia, Latvia, Sweden
Finland, Lithuania)
21. First Indian Women boxer to win gold medal 51 kg. Fly weight category Marykom
22. Most visited in city in 2017 as Euro-monitor International Survey Hangkong
23. First state in a country to treat Hepatitis –C-Patients through oral Medicine Haryana
24. India’s first cartoon network theme park Surat (yj)
25. Most polluted city in India Varanasi
26. India’s First tribal entrepreneurship Summit Dantewada (Chattisgarh)
27. First Chinese Tech firm valued over $ 500 billion in Asia. Tencent:
Alibaba is second highest valued firm at $ 474 billion President; Martinlace
28. World Tallest Statue Shivaji (MH): 210 mtrs
29. World’s Highest Motorable road Ladakh (86 km length)

Hight: 19300 feets
30. Asia’s largest artificial island building vessel Magic Island Maker
China
31. India’s largest Coke Dry Quenching (CDQ) facility Kalinganagar (Odisha)
Total steel manufacturing
capacity 200 metric tonnes
per hour
32. World Highest Bridge on Cheenab in Jammu & Kashmir (Indian Length: 1.3 km
Railways) Height: 359 mtrs
Cost 1250 Crs.
*****
IBPS CLERK MAINS

No. of Questions: 190 Total Marks: 200
Time: 160 minutes Negative Marks: 0.5
6. In India, inflation measured by the
GENERAL AWARENESS (a) Wholesale Price Index number
1. In which of the following cases, the constitutional (b) Consumers Price Index for urban non-manual
validity of the SARFAESI Act 2002 was workers
questioned before Supreme Court.
(c) Consumers Price Index for agricultural workers
(a) Manchester Chemicals Vs ICICI Bank
(d) National Income Deflation
(b) Manchester Chemicals Vs Union of India
(e) None of these
(c) Mardia Chemicals Vs Union of Indiadc
(d) Mardia Chemicals Vs ICICI bank 7. Which of the following bank is the biggest bank by
(e) None of the above volume of SMSEs, with 30% of True caller users
2. Which of the following is more effective in using it?
controlling prices in the long run? (a) HDFC (b) Union Bank of India
(a) Decrease in production (c) State Bank of India (d) ICICI
(b) Increase in Production (e) Axis bank
(c) Decrease in the rate of Interest 8. Which of the following statements is/are correct?
(d) Increase in the rate of Interest 1. NBFCs does not a banking license
(e) None of these 2. NBFC can issue Demand Drafts like banks
3. In which city, 1st World Conference on Access to
3. NBFCs are regulated and supervises by RBI
Medical products and International laws for Trade
(a) Only 1 & 2 (b) Only 1 & 3
and Health in the context of the 2030 Agenda for
(c) Only 2 & 3 (d) 1, 2 and 3
Sustainable Development is held?
(a) Kolkata (b) Bhuvaneswar e) None of these
(c) Pune (d) Hyderabad 9. Gilt-edged market means ______
(e) New Delhi (a) Bullion market
4. As per the RBI guidelines, investment in which (b) Market of Government (c) Market of guns
among the following is the most risk free asset of a (d) Market of pure metals
bank? (e) None of these
(a) Home loans 10. Which of the following International Bank has
(b) Loan against jewellery signed a $200 million Loan Agreement with India
(c) Venture capital investment for the Assam Agribusiness and Rural
(d) Government approved securities
Transformation Project?
(e) None of these
(a) IMF
5. Which of the following types of risks are used in
(b) Asian Development Bank
calculation of capital to Risk (Weighted) Assets
Ratio (CRAR)? (c) Asian Infrastructure Investment Bank
1. Credit Risk 2. Market Risk (d) New Development (e) World Bank
3. Operational Risk 11. Six factors examined under ‘CAMELS’ does not
Select the correct option from the codes given include:
below (a) Asset quality
(a) Only 3 (b) Only 1 & 2 (b) Sensitivity to market risk
(c) Only 2 & 3 (d) Only 1 & 3 (c) Earnings (d) Liability
(e) All 1, 2 and 3 (e) Capital Adequacy Ratio
12. Which of the following category comes under 19. The risk to earnings or capital from a customer’s
priority sector failure to meet his financial obligation is:
(a) Micro, small and Medium Enterprises (a) Liquidity risk (b) Price risk
(b) Export Credit (c) Social Infrastructure (c) Credit risk (d) Interest rate risk
(d) Renewable Energy (e) All of these (e) None of the above
13. Who has officially been sworn in as the new Prime 20. President Ram Nath Kovind launched Mata
Minister of New Zealand? Amritanandamayi Math(MAM)’s, ‘Jivamritan’
(a) Bill English (b) Dame Patsy Reddy filtration system, a clean water initiative in which
(c) Winston Peters (d) Jacinda Ardern of the following district of India.
(e) None of these (a) Kannur district of Kerala
14. What is the capital of “Bulgaria”? (b) Kollam district of Kerala
(a) Dobricb (b) Sofia (c) Malappuram district of Kerala
(c) Varna (d) Havana (d) Palakkad district of Kerala
(e) Harare (e) Thrissur district of Kerala
15. BPLR stands for: 21. Sanjay Gandhi National Park located in
(a) Benchmark Prime Lend Rate (a) Karnataka (b) Tamil Nadu
(b) Benchmark Prime Lending Rate
(c) Maharashtra (d) Odisha
(c) Bank Prime Lend Rate
(e) None of these
(d) Bank Prime Lending Rate
22. Consider the following statements
(e) None of these
1. India will host the 14th India-European Union
16. Prime Minister Mr. Narendra Modi launched a new
(EU) Summit in Gandhi Nagar
scheme, Pradhan Mantri Sahaj Bijli Har Ghar
2. The Summit will be attended by European
Yojana – ‘Saubhagya’, for this scheme which of the
Council President Donald Franciszek Tusk and
following statements is/are correct?
European Commission President Jean-Claude
1. The total budget for this project is Rs.16,320
Juncker.
crore.
3. The 13th India-EU Summit was held in Brussels
2. All the states and Union Territories should
on March 30, 2016.
complete household electrification by 31st
December 2019. Which of the above statement/statements is/are
3. The beneficiaries for free electricity connection correct?
would be identified using Socio Economic and (a) Only 1 & 2 (b) Only 2 & 3
Caste Census (SECC) 2011 data. (c) Only 1 & 3 (d) 1,2 and 3
(a) Only 3 is correct (b) Only1 & 2 (e) None of these
(c) Only 2 & 3 (d) Only 1 & 3 23. Which of the following is not an instrument of
(e) All three are correct money market?
17. Every year January 26th is observed as ____. (a) Money funds (b) Share
(a) International Customs day (c) Repurchase agreement (d) Commercial paper
(b) National Youth day (e) Mutual funds
(c) International Consumers day 24. Which of the following does not form a part of the
(d) World Laughter day (e) None of these Foreign Exchange Reserve of India.
18. Who is the director-general of WHO (World Health (a) Gold (b) SDRS
Organization? (c) Foreign Currency Assets
(a) Tedros Adhanom Ghebreyesus (d) Foreign Currency and Securities held by the
(b) Michael Moller (c) Irina Bokova banks and corporate bodies
(d) Anthony Lake (e) guy Ryder e) None of these
25. The Ganjer Wildlife Sanctuary (GWS) is located in 33. With respect to “Banking Ombudsman Scheme”,
which state? which statement(s) is/are true?
(a) Gujarat (b) Uttar Pradesh (A) Banking Ombudsman Scheme was started by
(c) Rajasthan (d) Madhya Pradesh RBI on 14th June, 1995.
(e) Maharashtra (B) Banking Ombudsman settles the problem
26. Tom Alter who recognized with the Padmashri, the between band and bank customer.
fourth highest civilian honour of India, had died. He (C) Banking Ombudsman can complain to RBI
belonged to which of the following field? Deputy Governor of bank if not being heard
(a) Theatre & Film (b) Literature properly by the bank.
(c) Science (d) Social Work
(a) A and C (b) B and C
(e) Politics
(c) All A, B and C (d) Only A
27. What is the mainstay of Indian Economy?
(e) Only B
(a) Manufacturing (b) Business
34. In which account one can enjoy “Overdraft
(c) Public Sector (d) Private Sector
facility”?
(e) Agriculture
(a) Savings Account (b) Current Account
28. “Devi Ahilyaba Holkar” Airport is located in which
of the following states of India? (c) Fixed Deposit Account
(a) Maharashtra (b) Uttar Pradesh (d) Recurring Deposit Account
(c) Madhya Pradesh (d) Gujarat (e) None of these
(e) Odisha 35. The International Atomic Energy Agency ( IAEA)
29. _______a/an electronic trading platform, operated is an International Organization that seeks to
by the Reserve Bank of India, used to facilitate the promote the peaceful use of nuclear energy, where
exchange of Government securities and other is the headquarters of “IAEA”?
money market instruments. (a) Vienna (b) New York
(a) Delivery Versus Payment (DVP) (c) Washington D.C (d) Paris
(b) Negotiated Dealing System (NDS) (e) Austin
(c) Risk Mitigation 36. Who was the first Indian Governor of RBI?
(d) Competition Commission of India (CCI) (a) Yash Pal Singh (b) Hemant Rao
(e) None of these (c) CD Deshmukh (d) Jaipal Singh
30. ‘Globalization of Indian Economy’ means: (e) Osborne Smith
(a) Stepping up external borrowings 37. What is with relation to “Money market”?
(b) Establishing Indian Shopping Malls in abroad (A) Money market is a short term market which is
(c) Giving up programmes of import substitution regulated by RBI.
(d) Having minimum possible restrictions on
(B) Money market has been divided into organized
economic relations with other countries
and unorganized sectors.
e) None of these
(C) Foreign exchange and government securities
31. Which of the following river Originates as well as
are traded here.
ends in the territory of India?
(a) B and C (b) A and B (c) All A, B and C
(a) Brahmaputra (b) Indus (c) Kosi
(d) C and A (e) None of these
(d) Chambal (e) Krishna
32. Buying and selling of eligible securities by RBI in 38. EBI has come out with a PCA for banks. What does
the Money market can be termed as PCA stands for?
a) Open Economy Operations (a) performance corrective action
(b) Open Market Operations (b) prompt corrective action
(c) Credit Control Measures (c) personnel corrective action
(d) Credit Creation Measures (d) problematic corrective action
(e) None of these (e) None of the above
39. Burundi has become the first country to leave 47. Which high level committee has recommended that
International Criminal, what is the currency of NRIs who harass or desert their wives could face
“Burundi”? cancellation of passport?
(a) Burundian Dollar (b) Burundian Euro (a) Radha Mohan Singh committee
(c) Burundian Franc (d) Burundian Dinar (b) Arvind Kumar Goel committee
(e) None of these (c) S K Subbulakshmi committee
40. RBI will make LEI compulsory for companies with
(d) Verendra Sena committee
over Rs 5 crore exposure. What does ‘LEI’ stands
48. Who has won the 2017 men’s singles National
for?
Badminton Championships?
(a) Legal Enact Identifier
(b) Legal Enaction Identifier (a) Kidambi Srikanth
(c) Legal Entity Identifier (b) Pranaav Jerry Chopra
(d) Legal Ennui Identifier (c) H S Prannoy
(e) None of these (d) Kashyap Parupalli
41. Which country is hosting the 2017 FIBA Asia (e) None of these
Championship? 49. APEC 2017 is the year-long hosting of Asia-Pacific
(a) China (b) India Economic Cooperation (APEC) meeting to be held
(c) Lebanon (d) Nepal in Vietnam, where is the headquarters of APEC?
(e) None of these (a) China (b) Malaysia
42. The main objective of monetary policy in India is (c) Singapore (d) Indonesia
(a) Growth with stability
(e) United States
(b) Reduce poverty and Achieve Stability
50. Aleena Reji is associated with which sports
(c) Overall Monetary Stability
(a) Boxing (b) Wrestling
(d) Both a & b (e) Both b & c
43. The “Jayakwadi Dam”, which was in new is located (c) Table Tennis (d) Cycling
on which of the following Rivers in India? (e) None of these
(a) Krishna River (b) Narmada River
(c) Godavari River (d) Tapti River
GENERAL ENGLISH
(e) Ganga River Directions (51-60): Read the following passage
44. The biennial joint maritime fleet exercise “SLINEX carefully and answer these questions given below it.
2017” will be conducted between India and which Certain words/phrases have been printed in bold to help
country? you locate them while answering some of the questions.
(a) Maldives (b) Bhutan (c) Singapore In a welcome development, small cities and towns
(d) Sri Lanka (e) None of these appear to be doing more to power India’s growth story
45. What is the theme of the 8th edition of the Global than big metros. Confirming these are the latest Income
Entrepreneurship Summit (GES-2017)?
Tax statistics, which indicate that Tier II and Tier III
(a) Women First, Prosperity for All
cities like Patna, Lucknow, Meerut and Kanpur have far
(b) Go Digital
outstripped Delhi, Mumbai, Chennai and Kolkata in
(c) Live Together for prosperity
terms of growth in personal and corporate tax
(d) Joins hands for global economy
(e) None of these collection. In fact, Patna has seen as much as 95%
46. Which of the following dances are not related to growth in personal Income Tax figures over the 2009 –
Rajasthan 10 period compared to a measly 4% of Delhi and 6%
1. Ghoomar Dance 2. Lavani Dance for Mumbai. Such a shift towards growth driven by
3. Bhavani Dance 4. Gair Dance regional centres can help mitigate the problems
(a) Only 1 (b) Only 2 (c) Only2& 3 ensuing from unequal development and therefore,
(d) Only 2 & 4 (e) Only 4 needs to be encouraged.
The current growth and development model 52. Which of the following indicators has been used to
centred on big metros is unsustainable. Having highlight growth?
experienced years of economic migration, these large (a) Per capital growth (b) Mortality rate
cities are literally bursting at the seams. They are left (c) Density of population (d) Tax collections
with cracking infrastructure – compounded by shoddy (e) Rate of migration
urban planning – and poor civic amenities, all of which 53. Which of the following cities has been classified as
are reflected in the fast depreciating quality of life. Yet,
Tier III City as per the passage?
people continue to be drawn to metros due to the allure
(a) Lucknow (b) Patna
of better career prospects. The only way to reverse this
(c) Chennai
trend is to have multiple growth poles spread across the
length and breadth of the country. It is encouraging that (d) Cannot be determined (e) None of these
many of the small cities showing robust economic 54. Which of the following would be the most
growth are located in the backward regions. They could appropriate meaning of the phrase ‘bursting at the
serve as magnets from intra-state migration and take the seams’ as used in the second paragraph of the
burden off traditional metropolitan hubs. passage?
As emerging markets within the Indian economy, (a) Filled beyond normal capacity
these small urban centres can become hotspots for new (b) Have become fast faced centres
investment opportunities. Many outsourcing companies (c) Facing exodus from these cities
are already setting up operations in Tier II and Tier III (d) Bubbling with energy
cities to minimize their running costs. Conducive (e) None of the above
conditions need to be created to encourage India Inc as 55. Which of the following may not be an objective of
well as foreign investors to increasingly invest in small developing Tier II/III cities?
cities and townships. Crucial to this is creating sound
(a) To have more inclusive growth
infrastructure. There needs to be a significant number of
(b) To have growth across the length and breadth
quality schools and colleges to churn out skilled
of the country
professionals to cater to the needs of emerging
businesses. This, in turn, will have a positive trickle- (c) To improve the quality of schools and colleges
down effect and galvanise the rural economy of the to produce skilled professionals
respective states. (d) To take off pressure from the over burdened
In planning these new urban hubs, errors of the past infrastructure of metros
that have given rise to chaotic and dysfunctional cities (e) To check inter-state migration
must not be repeated, our metros may have reached a 56. Which of the following would be the advantage of
point of saturation. While they should by no means be setting up operations in Tier II and Tier III cities?
ignored, pay attention to Tier II and III cities as well to (a) The operating costs would be lower
continue India’s growth story and make it more (b) It will attract better investment
inclusive. (c) It will attract tax exemptions from the
51. Which of the following is definitely true as per the government
passage? (d) The manpower available for employment
(a) The tax collections from Patna are the highest
would be better
for 2009-10
(e) The Metros will face healthy competition for
(b) The growth in corporate tax collections is
improving their infrastructure
always followed by the growth in personal tax
collections 57. What attracts people to the metros?
(c) The growth in personal tax figures for Chennai (a) Better living conditions
and Kolkata was not more than 4% for 2009-10 (b) Better career prospects
(d) Patna had seen 95% growth in corporate tax (c) Better educational facilities
collections in 2009-10 (d) Seamless economic and social activities
(e) None of the above (e) Enhanced social- security
58. Choose the word which is most nearly the same in 61. (a) salvage (b) paradigm (c) quick
meaning of the word/group of words printed in (d) unknown (e) No change
bold. 62. (a) discourse (b) reiterate (c) rife
(d) saga (e) No change
Centered on
63. (a) Protected (b) pledge (c) premised
(a) Gets boost (b) Revolves around
(d) progressed (e) No change
(c) Inspired from (d) Thrives on 64. (a) inflict (b) refurbish (c) render
(e) Gets away with (d) surmise (e) No change
59. Choose the word which is most nearly the same in 65. (a) innovators (b) founders (c) originators
meaning of the word/group of words printed in (d) architects (e) No change
bold. Directions (Q. 66-70): Rearrange the following
Mitigate six sentences (A), (B), (C), (D), (E) and (F) in the
proper sequence to form a meaningful paragraph; then
(a) Immigrate (b) Take off (c) Out
answer the questions given below them.
(d) Missout (e) Reduce A. Although there are large regional variations, it is
60. Choose the word which is most nearly the same in not infrequent to find a large number of people
meaning of the word/group of words printed in sitting here and there and doing nothing.
bold. B. Once in office, they receive friends and relatives
Ensuing from who feel free to call any time without prior
(a) Emerging from (b) Ensuring from appointment.
C. While working, one is struck by the slow and
(c) dealth with (d) Having impact on
clumsy actions and reactions, indifferent attitudes,
(e) Leading to
procedure rather than outcome orientation, and the
Directions (Q. 61-65): In the following passage lack of consideration for others.
there are blanks, each of which has been numbered. D. Even those who are employed often come late to
These numbers are printed below the passage and the office and leave early unless they are forced to
against each, five words are suggested, one of which fits be punctual.
the blank appropriately. Find out the appropriate word E. Work is not intrinsically valued in India.
in each case. F. Quite often people visit ailing friends and relatives
or go out of their way to help them in their personal
The adoption of the historic United Nations pact to
matters even during office hours.
ban nuclear weapons underscores a …(61)… 66. Which of the following will be the FIFTH sentence
(pragmatic) shift in the …(62)… (Objective) on global after rearrangement?
disarmament. Foremost, the universal goal of total (a) B (b) C (c) D (d) E (e) F
elimination of these weapons of mass destruction has 67. Which of the following will be the FIRST sentence
been disentangled from the narrow focus on the after rearrangement?
maintenance of a deterrent by the nuclear weapons (a) A (b) B (c) C (d) D (e) E
68. Which of the following will be the THIRD
states against threats from one another. Instead, the case
sentence after rearrangement?
for abolition, under the treaty finalized in July is (a) A (b) B (c) C (d) D (e) E
…(63)… (promised) on the potential danger to the very 69. Which of the following will be the FOURTH
survival of civilization from another holocaust. Such a sentence after rearrangement?
position seems incontestable, as modern weapons are (a) A (b) B (c) C (d) D (e) E
designed to …(64)… (conflict) a great scale of 70. Which of the following will be the SECOND
destructions, without regard to national or geographic sentence after rearrangement?
boundaries. The imperative, as the …(65)… (a) B (b) C (c) D (d) E (e) A
Directions (Q. 71-75): The following questions
(researchers) of the new treaty see it, is an immediate
have two blanks, each blank indicating that something
legal prohibition leading to the total elimination of has been omitted. Choose the set of words for each
nuclear weapons, given the impossibility of fashioning a blanks that best fits the meaning of the sentence as a
humanitarian response to any future offensive. whole.
71. Such people ….. cherish the ambitions beyond their (a) with a link to their athletic prowess is to be
reach seldom make any ….. (b) with links to their athletic prowess has been
(a) who, headway (b) who, money (c) linked to their athletic prowess were
(c) that, headway (d) whose, history (d) linked to their athletic prowess was
(e) that, dream (e) No correction Required
72. When it comes to back stabbing, a quill ….. be ….. 78. The speculative fever of the Roaring Twenties
than a dagger. infected rich and poor alike; vast quantities of
(a) must, better (b) should, keen people were dangerously overextended, credit was
(c) can, deadlier (d) may, sharper absurdly easy to obtain, and most brokerage houses
(e) will, superior required only ten percent cash for stocks bought on
73. Moreover, a fact-finding mission ….. by BSN to “margin.”
India in January this year strongly recommended (a) both rich and poor; great quantities of people
that the French group should go it alone, and not were dangerously overextended
hand over ….. to an Indian partner. (b) both rich and poor alike; large amounts of
(a) constituted, authority (b) organized, papers people dangerously overextended themselves
(c) dispatched, control (d) sponsored, power (c) rich and poor alike; great numbers of people
(e) asked, take were dangerously overextended
74. ….. is a criminal ….. in England and covers cases (d) both rich and poor alike; vast amounts of
where offensive descriptions of Christianity are people dangerously overextended themselves
published. (e) No correction required
(a) Heathenism, act (b) Sacrilege, violence 79. In England the well-dressed gentleman of the
(c) Blasphemy, offence (d) Obscenity, deviation
eighteenth century protected their clothing while
(e) Impiety, transgression
having their wig powdered by poking their head
75. Both …. and ….. Mark Wilson seldom spoke and
through a device that resembled the socks.
never spent any money in the parties conducted by
(a) gentlemen of the eighteenth century protected
his friends.
their clothing while having his wig powdered
(a) Taciturn, Miserly
by poking his head
(b) Loquacious, Spendthrift
(b) gentleman of the eighteenth century protected
(c) Reticent, Diligent
his clothing while having his wig powdered by
(d) Vociferous, Generous (e) Calm, Cautions
poking his head
Directions (Q. 76-79): Which of the phrases a, b, c
(c) gentleman of the eighteenth century protected
and d given below should replace the phrase given in
bold in the following sentence to make the sentence their clothing while having their wigs
grammatically meaningful and correct. If the sentence is powdered by poking their heads
correct as it is and ‘No correction required’ mark (e) as (d) gentlemen of the eighteenth century protected
the answer. his clothing while having his wig powdered by
76. A summary of both the Uniform Crime Reports of poking his head
the Federal Bureau of Investigation and the (e) No correction required
victimization reports for the last decade show that Directions (Q. 80-82): The Last Sentence has been
while the number of police reports of serious crime deleted from the paragraph. From the given options,
has risen steadily, the number of victims of crime choose the one that completes the paragraph in the most
remains about the same. appropriate way.
(a) shows that while the number of 80. Sustained work is called for, given that higher
(b) show while the number of agricultural productivity to meet food needs is
(c) shows that while the number of inevitable, with a cascading increase in biomass
(d) shows while the number of volumes. The challenge is to identify measures to
(e) No correction Required utilize it. By one estimate, if India can reach its own
77. Until recently, athletes who had received air quality standards for fine particulate matter from
remuneration for any activity that has a link to their all sources, annual premature deaths can be cut by
athletic prowess is barred from the Olympics. almost 10 per cent.
(a) A programme to cut pollution from waste- (b) The government should also allow banks to
burning would be a good start. rework their recruitment practices and pay
(b) It is an irony that the national capital and scales as they need to attract the best talent in
several other cities suffer crippling pollution in the job market.
the post-monsoon and winter months partly due (c) Many of the men who came to look at her may
to biomass burning be incapable of mentioning her without a
(c) Punjab responded to the issue with a bawdy joke.
prohibition on the burning of paddy stra (d) Financial results of public sector banks for
(d) Again, 80 per cent of straw from paddy is burnt April-June quarter show that they remain
in some States, impacting air quality and fragile.
depriving croplands of nutrients. (e) None of These
(e) None of These Directions (Q. 83-85): In each of the following
81. It is tempting to see the judgment as a body blow to questions a short passage is given with one of the lines
personal laws and politicise it. This is not only in the passage missing and represented by a blank.
incorrect but also dangerous. Rather than an affront Select the best out of the five answer choices given, to
to any particular religion it must be viewed as a pit make the passage complete and coherent
stop in the path towards progressive and egalitarian 83. Ramanuja had expressed a desire that Vedanti, an
changes in society. Many Muslim majority Advaitic scholar who lived in Karnataka should
countries including Indonesia, Pakistan, become his disciple. ____________After Ramanuja
Afghanistan, Turkey, have rejected talaq-e-biddat. departed from this world, Parasara Bhattar decided
(a) The government’s emphasis must now shift to to fulfil Ramanuja’s wish. So he sent Tirumazhisai
ensuring universal marriage registration and Dasa to meet Vedanti, said Kidambi Narayanan in a
reforming personal laws in consultation with discourse.
community groups to ensure equal rights for (a) A scholar called Yajnamurthi and Ramanuja
men and women in marriage, divorce and had a debate that went on for 17 days.
alimony. (b) But Ramanuja was old and could not travel to
(b) But the government can take credit for lending Karnataka to bring him.
its immense clout to the Muslim women who (c) Vedanti divided his wealth, gave his two wives
approached SC against triple talaq. their share, left Karnataka and reached
(c) It appears that maintenance simply can’t keep Srirangam.
up with requirement, (d) but in addition he also knew
(d) Probes and committee reports on such cases Thiruneduntandaka Sastra.
need to be put out in the public domain and (e) Vedanti divided his wealth, gave his two wives
preventive measures taken. their share, left Karnataka and reached
(e) None of These Srirangam.
82. NDA has promised to recapitalise its loss making 84. Women tend to use both the left and right
banks and merge some of the weaker ones with hemispheres for language, but men largely use just
sound banks. This is inadequate to deal with a the left hemisphere._____________, it too is
systemic problem where banks flounder once every assumed to be more common in men than in
decade. Recapitalisation, therefore, must be women. Our results in bats may spur research to
accompanied by deeper banking reforms or else confirm that assumption in humans
hapless taxpayers will soon be presented with (a) The bats also need to use the slow timing of the
another bailout bill. right hemisphere to use sonar.
(a) The primary cause for the current state of (b) For mustached bats, the need is even more
affairs is government’s majority stake in banks. compelling.
This forces public sector banks to deal with an (c) Since this asymmetric sound processing is the
additional regulatory layer in the form of the basis for left hemispheric specialization for
finance ministry. language
(d) Just like humans, bats also use the left and right
sides of their brains REASONING
(e) Bats need to use the fast timing of the left Directions (91–95): Answer the questions on the
hemisphere to distinguish communication basis of the information given below.
sounds from each other 8 people – A, B, C, D, E, F, G and H are sitting in a
85. In an effort to retain an ageing population with little straight line. All are facing north direction. They have
economic prospects on this strategic island, different ages – 12, 15, 21, 32, 36, 43, 45 and 56 but not
_____________.The island has more tunnels than a necessarily in same order. They like different colors –
Swiss mountain. It also has a monorail that brings red, yellow, green and blue. Exactly 2 people like one
hordes of tourists to a special viewpoint, a scenic
color. No 2 people who like same color sit together.
bridge and special promenades in the forest that are
A sits second to left of one who is 56 years old. 2
fully re-constructed with fake wood. Hotels have
people sit between A and the one who likes blue color.
been hastily built along the shore with no
consideration for their architecture or the landscape. There is difference of 2 years between the ones who like
(A) which fishes abundantly in South Korean green color. H likes green color and sits second to right
waters. of one who is 56 years old. 1 person sits between A and
(b) like global warming and overfishing threaten the one who likes blue color. One of the persons who
the ecology. like blue color has age 36 years. G likes red color. The
(c) the South Korean government has financed one who is 12 years old sits immediate left of the one
large infrastructure projects. who likes blue color. The ones having ages 36 and 43
(d) he describes how small isolated places sit together. There are 3 persons between F and the one
sometimes catalyse global economic and who is 12 years old. F does not like yellow color. F is 6
political interests. years older than B. 2 persons sit between the one who is
(e) and often destroyed them in the process 43 years old and one who likes red color. One person
Directions (Q. 86-90): Each of the sentences given sits between G and the one who is 4 years younger than
below has been divided into parts which may have one the one who likes blue color. One of the persons who
or more errors and the parts are marked with (a, b, c,).
like green color sits with one of the persons who likes
Choose the correct combination of the parts from the
red color. D sits with the one who is 45 years old. C sits
options that are error free and if there is no error mark
the option No Error. to the immediate left of E.
86. The bus collided (A)/ but nobody (B)/ was hurt (C)/ 91. Which of the following pair of persons like yellow
in the accident. (D) color?
(a) Only A (b) Only B (c) Only C (a) D, C (b) A, C (c) F, E (d) E, D (e) G, D
(d) Only D (e) No error 92. Who is 32 years old?
87. On entering the room (A)/ she was found (B)/ (a) D (b) B (c) H (d) C (e) A
hanging (C)/ from the ceiling. (D) 93. How many persons sit between B and C?
(a) Only B (b) Only C (c) Only D (a) None (b) One (c) Four (d) Three (e) Six
(d) Only A (e) No error 94. What is the age difference between A and E?
88. When running down (A)/ the street, (B)/ I saw (C)/ (a) 7 years (b) 9 years (c) 13 years
a house on fire. (D) (d) 3 years (e) 6 years
(a) Only C (b) Only D (c) Only B 95. B likes which color?
(d) Only A (e) No error (a) yellow (b) green (c) blue
89. If we want (A)/ to establish (B)/ our identification
(d) red (e) Cannot be determined
(C)/ why should others object? (D)
Directions (96-98): Each question below contains 4
(a) Only D (b) Only A (c) Only C
conclusions followed by statements. Find from which of
(d) Only B (e) No error
90. Being a strict vegetation, (A)/ he depended either the statements given, both the conclusions given follow.
on milk and fruit (B)/ or had to cook (C)/ for 96. Conclusions:
himself. (D) There is a possibility that some doctors are
(a) Only C (b) Only B (c) Only D engineers.
(d) Only A (e) No error Some perfects are doctors.
There is a possibility that some engineers are good. heard a knock on the door. As she opened, a strange
Some perfect are engineers. man was standing there, but he quickly apologised
Statements: to her for waking her up. He said that he mistook
(a) No doctor is perfect. All engineers are perfect. the room for his own and was sorry for disturbing
Some perfect are good her. Mrs Liba smiled and closed the room.
(b) All doctors are perfect. All engineers are Immediately afterwards, she called the security and
perfect. Some perfect are good the man was caught and arrested.
(c) Some doctors are perfect. No engineer is What can you infer from the above statement?
perfect. Some perfect are good (a) She was quite angry at the man disturbing her
(d) All doctors are perfect. All engineers are at odd hours and she wanted to teach him a
perfect. No perfect is good. lesson.
(e) No doctor is perfect. No engineer is perfect. (b) Mrs Liba was scared that this man might be
Some perfect are good. drunk because of which he forgot his own room
97. Conclusions: and needed help.
Some tomatoes may be goods. (c) Mrs Liba thought why would he knock if he
No egg is potato. thought it was his own room so she called the
Some tomatoes may be eggs.
security to check him.
Some goods are potatoes.
(d) Mrs Liba did not like the way he looked and
Statements:
called the security to check him.
(a) No egg is tomato. No tomato is a potato. All
potatoes are goods (e) None of the above
(b) Some eggs are tomatoes. No tomato is a potato. Directions (100-104): Study the information and
No potato is good answer the following questions:
(c) No egg is tomato. No tomato is a potato. No In a certain code language
potato is good. “still water boat stream” is coded as
(d) All eggs are tomatoes. All tomatoes are “ 32@VZ 22@LZ 41#ZV 31#R”
potatoes. All potatoes are goods. “time and work problem” is coded as
(e) All eggs are tomatoes. No tomato is a potato. “34@L 29#LV 5#Z 25@RV”
All potatoes are goods. “simple compound interest question” is coded as
98. Conclusions: “ 24@RV 31@FVRL 7@LLF 29@RVV”
All those dogs that are cats are also white. “data interpretation is necessary” is coded as
All the animals may be dog. “5@ZZ 23@RVVZRL 28@R 39#VVZ”
Some whites are animal. 100. What is the code for ‘Percentage’ in the given code
Some cats are animals. language?
Statements:
(a) 21@VVZV (b) 21#VVZV
(a) No dog is cat. All animals are cats. No cat is
(c) 21@ZVVZ (d) 21#ZVVZ
white
(e) None of these
(b) All dogs are cats. No animal is cat. All cats
101. What is the code for ‘Ratio Proportion' in the given
are white
(c) All dogs are cats. All animals are cats. All cats code language?
are white (a) 33@ZL 30#LLR (b) 33#ZRL 30@LLRL
(d) No dog is cat. Some animals are cats. All cats (c) 33#LZ 30#LLRL (d) 33#ZL 30#LRLR
are white (e) None of these
(e) All dogs are cats. Some animals are cats. Some 102. If the code for “time and distance” is “25@RV
cats are white. 9@RZV 5#Z” then what is the code for “ train
99. Mrs Liba was staying at one of the finest resorts in distance”?
a foreign land. It was quite a posh hotel with (a) 9@RZV 34#RZ (b) 9@RZV 34@ZR
sophisticated guests checking in at the hotel. On (c) 9@VZR 34#ZR (d) 9@RZV 34#ZR
one of the nights when she was staying there, she (e) None of these
103. What may be the possible code for ‘Mixture 105. The one who likes melon is ?
Alligation’ in the given code language? (a) Sohail (b) Saurabh (c) Ritika
(a) 18@FVR 20#ZRZRL (d) Shreya (e) Neha
(b) 18@VRF 20#ZRZRL 106. Who is sitting second to right of the one having
(c) 18#RFV 15@ZRZRL I20?
(d) 18@RFV 20@ZRZRL (a) the one having Ertiga
(e) None of these (b) Shreya
(c) the one having Nissan
104. What is the code for ‘University’ in the given code
(d) the one who likes orange
language?
(e) Cannot be determined.
(a) 46@FRVR (b) 46#FRVR
107. Who is sitting exactly between Karan and the one
(c) 46@FRRV (d) 46#RVVF who likes strawberry (when counted from right of
(e) None of these Karan)?
Directions (105–110): Answer the questions on the (a) Riya (b) Saurabh (c) Sohail
basis of the information given below. (d) Ritika (e) None of these
There are eight friends – Ritika, Sohail, Karan, 108. Which of the following is true regarding Shreya?
Saurabh, Neha, Shivam, Riya and Shreya. They have (a) She is sitting second to right of Karan
different cars – Wagon-R, I20, Ertiga, Nissan, Alto, (b) She is facing inside (c) She is facing Riya
Santro, Audi and Suzuki, but not necessarily in the (d) She does not like Papaya
same order. They like different fruits – apple, (e) None of these is correct
strawberry, banana, melon, papaya, mango, orange and 109. Which of the following pair is incorrect?
grapes but not necessarily in the same order. (a) I20 – Riya – Banana
They all are sitting around a circular table with (b) Santro – Ritika – mango
(c) Alto – Sohail – Melon
equal people facing inside and outside.
(d) I20 – Sohail – grapes
The one having Nissan is sitting third to left of one
(e) Suzuki – Neha – grapes
having Wagon-R whose name is not Neha and does not
110. One of the top management companies recruits 10
like banana. The one having Ertiga is facing outside and
new freshers directly from their internship program
sitting between the ones having Audi and Santro who and forms a special appointment letter for all of
like mango. The one having Audi likes Papaya. Sohail them. It lays down rules that there is going to be 2
is sitting to the immediate left of the one having months of training followed by 6 months of
Wagon-R who does not like melon and grapes. Shreya probation period. The confirmation letter will be
is sitting second to right of the one who likes mango. given after one year and if the employee leaves
The one who likes grapes is facing inside and sitting during this time period, he would have to pay a
second to left of the one who likes melon and he is also heavy amount as a penalty to the company. The
sitting third to right of Ritika. employees would be eligible for a promotion only
The one having Ertiga is sitting second to right of after one year, that is, after their confirmation.
the one having Nissan whose name is Karan and likes What is the assumption made by the above
apple. Shivam who likes strawberry is having neither company before drawing such an offer letter for the
Wagon-R nor Suzuki. Ritika is not sitting to the newly appointed?
(a) The company is suffering from high attrition.
immediate left of Karan. Both the neighbors of the one
(b) It wants to tell the youngsters what it means to
having I20 are facing inside. The one having Santro is
work in a big company
facing inside. The ones having I20 and Ertiga face same
(c) It is insecure about the high-quality education
direction. The one having Alto is to the immediate right
these recruits have.
of Riya and he is also sitting second to right of the one (d) It wants the employees to be the cream of the
having Suzuki. The one who likes orange is sitting industry
second to left of the one having Audi. (e) None of these
Directions (111-115): A word and number Seven friends namely M, N, O, P, Q, R and S will
arrangement machine when given an input line of words participate in different sports events namely Running,
and numbers rearranges them following a particular rule Football, Basketball, Cricket, Long Jump, Golf and
in each step. The following is an illustration of an input Badminton, but not necessarily in the same order from
and rearrangement. Monday to Sunday (of the same week).
Input: hot 15 air fly 79 38 cat 98 R will participate on Wednesday. Only two people
Step I: zri hot fly 79 38 cat 98 52 will participate between R and Q. M will participate
Step II: xzg zri hot fly 79 98 52 84 immediately after the one who participate in Long
Step III: uob xzg zri hot 98 52 84 98 jump. Neither Q nor R will participate in Long Jump.
Step IV: slg uob xzg zri 52 84 98 90 Only one person will participate between M and the one
and Step IV is the last step of the rearrangement of who will participate in Basketball. P will participate
the above input. immediately before N. Only one person will participate
As per the rules followed in the above steps, find between P and the one who will play Football. M will
out in each of the following questions the appropriate not participate in Football. The one who will play
step for the given input. cricket will participate immediately before the one who
Input: toy 85 star 17 26 moon earth 61 cat 53 will participate in running. Only three people participate
111. Which of the following would be the final between Cricket and Badminton. S will not participate
arrangement? in Golf or Long Jump. N will not participating Golf.
(a) glb hgzi nllm vzigs xzg 72 63 36 17 59 116. On which of the following days does M participate?
(b) hgzi nllm vzigs xzg toy 85 72 63 36 17 (a) Sunday (b) Saturday (c) Thursday
(c) xzg toy 85 star 26 moon earth 61 53 72 (d) Friday (e) Monday
(d) nllm vzigs xzg toy 85 star 61 72 63 36 117. Who amongst the following will participate in
(e) None of these running?
112. In step III, which of the following word/ number (a) O (b) R (c) S
would be at 8th position from the left? (d)P (e) None of these
(a) 72 (b) 61 (c) 63 118. Which of the following pairs represent those who
(d) 36 (e) None of these will participate on Monday and Sunday?
113. In step V, which of the following word/number (a) N, O (b) P, S (c) P, O
would be at 6th position to the right of 3rd from the (d) S, N (e) None of these
left element? 119. It is a well-known fact that when students listen to
(a) nllm (b) vzigs (c) 36 (d) 63 (e) 17 music while doing their homework, it helps them
114. In step IV of the rearrangement, if ‘hgzi’ is related concentrate and get better scores.
to ‘17’ and ‘nllm’ is related to ‘36’ in a certain way, Find the statement which strengthens the above
which of the following would be related to ‘xzg’, argument.
following the same pattern? (a) Music is a healer.
(a) 85 (b) 63 (c) 36 (b) They say all work and no play makes Jack a
(d) 72 (e) None of these dull boy, so music with homework works best
115. Which of the following would last but one step? for concentration.
(a) glb hgzi nllm vzigs xzg 72 63 36 17 59 (c) Children doing this got 1st rank in their
(b) vzigs xzg toy 85 star moon 61 53 72 63 academics.
(c) xzg toy 85 star 26 moon earth 61 53 72 (d) Music helps in concentration and especially
(d) hgzi nllm vzigs xzg toy 85 72 63 36 17 when the child is doing his work.
(e) None of these (e) None of these
Directions (116-118): Study the following Directions (120-124): Study the following
information carefully to answer the given questions. information carefully to answer the given questions.
There are seven lecturers A, B, C, D, E, F, G Ravi walked 5m towards North from point A and
teaching seven different subjects Physics, Economics, reached point B. He took a right turn from point B and
Geography, Biology, Chemistry, Maths and History. walked 7m and reached point C. He took another right
Their annual salary is divided into three salary Slabs. 3- turn from point C and walked 6m to reach point D. Ravi
5 lakh, 6-8 lakh & 10–13 lakh took a right turn from point D and walked 3m to reach
There are three persons only in the salary slab of point E. From point E Ravi took another right turn and
10-13 lakhs. F earns 12 lakh. B and G earn lower than walk 6m and reached point F
F’s salary in the same slab. D earns more than only one 125. How far and in which direction is point F from
person who teaches Economics. The person who point A?
teaches Chemistry earns more than the one who teaches (a) √41m towards East (b) √41m towards South
Geography and their total annual income is 15 lakh per (c) √41m towards North (d) √41m towards West
annum in the same slab. There are two persons only in (e) √41m towards North-East
the salary slab of 3-5 lakhs. The person who teaches 126. Point E is in which direction with respect to point to
History earns lower than F and higher than the one who C?
teaches Biology in the same slab. F does not teach (a) North (b) South
Physics. The total annual income of G & A and B & E (c) South-East (d) South-West
are 17 lakh and 19 lakh respectively. The difference (e) None of these
between the annual income of D and C is 2 lakh. Directions (127-130): Study the following
120. As per the given arrangement, F is related to information carefully to answer the given questions.
Biology and G is related to Geography in a certain Seven Persons – M, N, O, P, Q, R and S – live on
way. To which of the following is A related to the separate floors of a seven storeyed building, but not
necessarily in the same order. The ground floor of the
same way?
building is numbered 1, the floor above it 2 and so on
(a) Maths (b) History (c) Physics
until the topmost floor is numbered 7.Each person likes
(d). Economics (e) Chemistry
different cartoon characters, viz, Chipmnuk, Flinstone,
121. What is the difference between the annual income
Jetson, Popeye, Scooby Doo, Simpson and Tweety, but
of the one who teaches Biology and the one who
not necessarily in the same order. Each person also likes
teaches Physics?
different colours namely viz, Yellow, Orange, Red,
(a) 4 lakh (b) 3 lakh (c) 6 lakh
Black, Blue, Brown and Purple.
(d) 2 lakh (e) 5 lakh
More than three persons sit between the one who
122. Which combination correctly represents the annual
likes Yellow and the one who likes Orange. The person
income of a person and the subject he teaches?
who likes Popeye lives on floor numbered 4. Only two
(a) 7 – Chemistry (b) 10 – History
persons live between P and the one who likes Popeye.
(c) 3 – Economics (d) 11 – Biology
The persons who live on the ground floor and the
(e) 5 – Geography
topmost floor don’t like Orange. M does not live on the
123. Who amongst the following earns double of D’s
lowermost floor. M lives on any odd numbered floor
annual income?
below the one who likes Popeye. S lives on an even
(a) E (b) G (c) C numbered floor but neither immediately above nor
(d) A (e) Other than those given as options immediately below the floor of M. The person who
124. Which of the following represents the sum of the likes Jetson does not like Yellow. Only two persons live
highest annual income in each slab? between M and the person who likes Tweety. Only one
(a) 25 lakh (b) 20 lakh person lives between N and R. The person who likes
(c) 24 lakh (d) 23 lakh Orange lives exactly between the persons who like
(e) Other than those given as options Brown and Blue. R lives on an even numbered floor and
Directions (125-126): Study the following does not like Popeye. Only three persons live between
information and answer the questions given: the persons who like Chipmnuk and Jetson respectively.
The person who likes Chipmnuk live on any floor above 132. What is the minimum age required to open an
the N’s floor. The person who likes Chipmnuk does not individual bank account?
live on the topmost floor. O does not like Chipmnuk or (a) 10 (b) 18 (c) >10\
Jetson. Only two persons live between the one who (d) <10 (e) None of these
likes Purple and the one who likes Brown. The person
133. If age of K is 11, then he open the account
who likes Scooby Doo lives on the floor immediately
(a) In her/his name
above the floor of the person who likes Simpson. N
does not like neither Purple nor Red. (b) He/she can’t operate the account
127. Who among the following lives on Topmost floor? (c) He/She can operate the account
(a) N (d) Both 1 and 3
(b) The one who like Flinstone (e) None of these
(c) The one who like Red colour 134. Minors can get other services of the bank?
(d) R (e) None of these
(a) Yes
128. Who among the following likes Jetson Cartoon?
(a) P (b) S (b) No
(c) The one who like black colour (c) Can’t say
(d) The one who like blue colour (d) May be with the help of parents
(e) Either (a) or (d) (e) None of these
129. The one who likes Red colour lives on which of the
135. If P and Q are the inputs, then output X = P + Q is
following floors?
(a) 2nd (b) 4th (c) 5th (d) 3rd (e) 1st the output of
130. Which of the following combination is true? (a) NOR (b) NAND (c) AND
(a) Q-Chipmnuk-Yellow (b) R-Simpson-Black (d) OR (e) None of these
(c) P-Blue-Flinstone (d) S-Tweety-Purple 136. Which among the following is an appropriate
(e) N-Black-Scooby doo
Binary conversion for the number (421)10?
COMPUTER KNOWLEDGE (a) 10101010 (b) 11010100
Directions (131-134): Study the flowchart (c) 10011001 (d) 110100101
carefully to answer the given questions (Circle represent (e) None of these
person) 137. Which among the following means: “Data about
data”?
(a) Meta data (b) Data Model
(c) Hierarchical data (d) Table
(e) Relation
138. Which of the following is a correct set of
hexadecimal digits?
(a) 102n (b) a19fk (c) zolo12
(d) FACE (e) 0101xx
139. What is the initial page of Web site?
(a) The Start page (b) The hyperlink page
(c) The link page (d) The home page
131. Which age people are permitted to vote in the (e) None of these
general election? 140. Which among the following is used to begin a
(a) Less than 18 (b) Greater than 18
formula in MS Excel?
(c)18 (d) Can’t say
(e) None of these (a) % (b) = (c) + (d) @ (e) #
Directions (146-150): Study the table and answer
QUANTITATIVE APTITUDE
the given questions.
Directions (Q. 141-145): Study the following
Data Related to Candidates Appeared and
pie charts and answer the following questions:
Qualified from a State in a Competitive Exam
Production of Wheat in different States
During Five Years.
Total Production = 50 lac tones
Tamil Nadu Rajasthan10 Percent of Respective Ratio
Maharashtr 9% %
a Number of Appeared of Number of
8% HP Years Appeared Candidates Qualified Male
13%
Candidates who and Female
qualified Candidates
2011 700 - 3 :2
2012 - - 5:3
Harayana
22% 2013 480 60% -
Jharkhand
18%
J&K 2014 - 42% 9:5
20%
Production : Machine v/s Manual 2015 900 64% -
100 78 80 146. In 2015, if the number of female qualified
80 70 68 60 73 66
60 40
candidates was 176, what was the respective ratio
40 30 22
32 27 34 20 of number of male qualified candidates and number
20 Machine of female qualified candidates in 2015?
0
Manual (a) 25 : 16 (b) 5 : 4 (c) 25 : 11
(d) 21 : 16 (e) None of these
147. The number of appeared candidates increased by
40% from 2011 to 2016. If 25% of the appeared
141. What is the difference between the production by
candidates qualified in 2016, then what was the
machine and manual method in Rajasthan? number of qualified candidates in 2016?
(a) 2.5 lakh (b) 2.3 lakh (c) 2.8 lakh (a) 240 (b) 225 (c) 255
(d) 2.7 lakh (e) None of these (d) 245 (e) None of these
142. What is the ratio of production by manual method 148. In 2012, the respective ratio of number of appeared
in TN to that of machine method in J & K? candidates to the qualified candidates was 5 : 4.
(a) 9 : 40 (b) 99 : 260 (c) 51 : 260 Number of female qualified candidates constitutes
(d) 33 : 130 (e) None of these what percent of number of appeared candidates in
143. What is the average production of wheat by the same year?
machine method for all states? (a) 20 (b) 25 (c) 30 (d) 15 (e) 40
(a) 4.24 (b) 4.28 (c) 4.32 149. In 2014, if the difference between number of male
(d) 4.46 (e) None of these qualified candidates and female qualified
144. The production by machine method in Haryana is candidates was 72, what was the number of
approximately what percent greater than the appeared candidates in 2014?
production by manual method in Maharashtra? (a) 800 (b) 900 (c) 850
(a) 130% (b) 135% (c) 140% (d) 600 (e) None of these
(d) 145% (e) 150% 150. If the average number of qualified candidates in
145. The production of tea in HP by manual method is 2011 and 2013 was 249, then what percent of
approximately how many times the production in appeared candidates qualified in the competitive
Jharkhand by Machine method? exam in 2011?
(a) 1.2 (b) 1.5 (c) 0.9 (d) 1 (e) 1.3 (a) 40 (b) 30 (c) 20 (d) 35 (e) 25
Directions (Q.No.151-155): Study the following 155. On January 2, 2017 the total number of customers
information carefully to answer the question. who purchased from the bakery decreased by 10%
A bakery sells three baked products – Macaroons, as compared to the previous day. If the respective
cupcakes and browines. On January 1, 2017, the total ratio between male and customers and female
number of customers who bought products from the
customers was 4 : 5, what was the number of male
bakery was ‘X’. The respective ratio between male
customers?
customers and female customers was 4 : 9
(a) 236 (b) 232 (c) 216 (d) 208 (e) 220
Out of the total number of male customers, th bought
Directions (Q. No. 156-160) : What will come in
only macaroons, th bought only cupcakes and 30% place of the question mark(?) in the following
bought only brownies. The number of customers who questions?
bought only macaroons and cupcakes both was equal to 156. 185% of 400 + 35% of 240 = ?% of 1648
the number of customers who bought only cupcakes and
(a) 85 (b) 75 (c) 125 (d) 50 e) None
brownies both. The number of customers who bought
only macroons and brownies was 6 less than the number 157. √ + 224 = ? × 202
of customers who bought only macaroons and cupcakes (a) 20 (b) 4 (c) 2
both. 8 customers bought all the three baked products (d) 16 (e) None of these
and 48 customers bought only brownies. 158. 12.28 × 1.5 – 36 ÷ 2.4 = ?
Out of the total number of female customers, th (a) 32.5 (b) 7.325 (c)6.42
bought only macaroons th bought only browines, 10% (d) 4.32 (e) 3.42
bought only macaroons and cupcakes and 5% bought 159. th of th of 1092 = ?
only cupcakes and brownies. The number of customers (a) 182 (b) 728 (c) 364
who bought only cupcakes was twice the number of (d) 218 (e) None of these
customers who bought only macaroons. 16 customers
160. √ × − + ? = 8
bought only macaroons and brownies and the remaining
bought all three baked products. (a) 3 (b) 5 (c) 2 (d) 10 (e) 9
151. What is the respective ratio between the total Directions (Q.No.161-165) : Study the following
number of male customers who purchased both information carefully to answer the question.
cupcakes and brownies and the total number of There are seven different types of tyres
female customers who purchased the same? manufactured by a factory. The pie charts show the
(a) 15 : 17 (b) 14 : 23 (c) 15 : 19
percentage of sales of the tyres in a city in two
(d) 12 : 19 (e) 12 : 17
consecutive months of September and October. The
152. The total number of customers (both male and
female) who bought only brownies was what total number of type B tyres sold in September and
percent more than that who bought only cupcakes? October were 1560 and 2250 respectively.
(a) 55.5% (b) 52.5 % (c) 54%
G September
(d) 58% (e) 51.5% 12%
A
3% B
153. Out of the male customers who bought macaroons, 13%
F
rd bought 4 macaroons each and remaining 8%
bought 2 macaroons each. How many total

macaroons were sold to male customers?
(a) 176 (b) 181 (c) 153 (d) 167 (e) 168
E
154. What is the difference between the number of 17% C
males and female customers who bought only 22%
cupcakes? D
(a) 30 (b) 50 (c) 60 (d) 40 (e) 70 25%
167. I. 3x – 16x + 21 = 0
2
G October
A II. 6y2 + 25y + 21 = 0
12% 5% 5 -2
B 168. I. 2x (x ) = 128
F 15%
13%
II. y9 = y11
169. I. 20x – 108x + 144 = 0
2
II. 25y2 -90y + 72 = 0

E 2
170. I. 2x + 18x + 36 = 0
10%
C II.y – y – 12 = 0
2
D 25%
20%
Directions (Q. No. 171-175) : In the given
questions two quantities I and II are given. Solve for
161. What is the maximum difference between the
both the quantities and choose the correct option.
number of tyres of any two types sold taken
together for September and that of other two types Given answer:
sold for October? (a) Quantity I > Quantity II
(a) 3390 (b) 5430 (c) 4523 (b) Quantity I< Quantity II
(d) 4230 (e) None of these (c) Quantity I ≥ Quantity II
162. For how many types of tyres, there is an absolute (d) Quantity I ≤ Quantity II
decrease in the number sold in October over (e) Quantity I = Quantity II or No relation
September? 171. Quantity I. Percentage of cement in Mortar. 900 kg
(a) 0 (b) 1 (c) 2 of mortar consists of 45% sand and 144 kg of lime
(d) 3 (e) None of these and rest cement
163. The total sales of which of the following pairs of Quantity II. Percentage of apples thrown by
types of tyres in September was approximately vendor. A vendor sells 60% of apples he had and
equal to F type of tyres in October? throws away 15% of the remainder. Next day he
(a) A & C (b) C & E (c) B & D sells 50% of the remainder and throws away the
(d) A & B (e) F & G rest.
164. What is the difference in total sales between 172. There are two containers, the first contains 500 ml
September and October in respect to only those of alcohol, while the second contains 500 ml of
types where there was an increase in sale? water. Three cups of alcohol from the first container
(a) 6520 (b) 3540 (c) 4530 is taken out and is mixed well in the second
(d) 4052 (e) None of these container. Then, three cups of this mixture is taken
165. The number of tyres of type D and E sold in out is mixed in the first container.
September is approximately what percent of the Quantity I. Proportion of water in the first
number of tyres sold for these types in October? container.
(a) 85% (b) 67% (c) 145% Quantity II. Proportion of alcohol in second
(d) 112% (e) None of these
container
Directions (Q.No. 166-170): In each of these
Note : Compare the magnitudes of both quantities
questions two equations I and II are given. You have to
173. Quantity I. Rate of flow of the river. A motor boat
solve these equations and
can travel at 10 km/h in still water. It travelled 91
Give answer
km downstream in a river and then returned, taking
(a) If x < y (b) If x > y
altogether 20 h.
(c) If x = y or relationship cannot be established.
Quantity II. Speed of boat in still water. A boat
(d) If x ≥ y (e) If x ≤ y
covers a certain distance downstream in 1 h. While
166. I. x (x + 7) = 30
/ it comes back in 1.5 h. The speed of stream is 3
II. y = km/h
174. What should be the selling price for Raj so as to 180. The monthly salary of Shahid and Kareena together
obtain a profit of 40%? is Rs. 28000. The salary of Shahid and Kareena is
Quantity I. Raj sold his mobile to Jay at a profit of increased by 25% and 12.5% respectively, then the
20% who sold it to Rajesh for Rs. 18000 and claims new salary of Kareena becomes 120% of the new
a profit of Rs. 1500 salary of Shahid. The new (or increased) salary of
Quantity II: Raj marked his mobile 80% above the Shahid is
cost price and sold at two consecutive discounts of (a) Rs. 15000 (b) Rs. 18000 (c) Rs. 14000
15% and 20% and claims a profit of Rs. 2800 (d) Rs. 16000 (e) Rs. 17000
181. Two bottles A and B contains diluted sulphuric
175. Quantity I. What is the area of rectangular sheet
acid. In bottle A, the amount of water is double the
(in cm2) having breadth 25% more than the side
amount of acid while in bottle B, the amount of
of square having perimeter 960 cm and
acid is 3 times that of water. How much mixture
perimeter of rectangle equals to 15 m?
should be taken from each bottle in order to prepare
Quantity II. What is the initial population of a
5 L of diluted sulphuric acid containing equal
city whose population becomes 172500 at the amount of acid and water?
end of two years increasing at the rate of 15% (a) 1, 4 (b) 3, 2 (c) 2, 3
and 20% respectively for the first and second (d) 4, 1 (e) 3, 4
year? 182. Three taps, A, B and C can fill a tank in 12 h, 15 h
176. Divide Rs. 2602 between X and Y, so that the and 20 h, respectively. If A is open all the time and
amount of X after 7 yr is equal to the amount of Y B and C are open for 1 hour each alternately, then
after 9 yr, the interest being compounded at 4% per the tank will be full in
annum (a) 6 h (b) 6 h (c) 7 h
(a) Rs. 1352, Rs. 1250 (b) Rs. 1400, Rs. 1350
(d) 7 h (e) 8 h
(c) Rs. 1415, Rs. 1300 (d) Rs. 1500, Rs. 1450
183. Ram’s present age is three times of his son’s
(e) Rs. 1600, Rs. 1002
present age and two –fifth of his father’s present
177. The respective ratio between the speed of the boat
age. The average of the present ages of all of them
upstream and speed of the boat downstream is 2 : 3.
is 46 yr. What is the difference between the Ram’s
What is the speed of the boat in still water if it
son’s present age and Ram’s father’s present age?
covers 42 km downstream in 2 h 20 min?
(a) 68 yr (b) 88 yr (c) 58 yr
(a) 13.5 km/h (b) 15 km/h
(d) 90 yr (e) 78 yr
(c) 14.5 km/h (d) 12 km/h
184. The average marks of 65 students in a class was
(e) Other than those given as options calculated as 150. It was later realised that the
178. A man sold an article for Rs. 6800 and incurred a marks of one of the students was calculated as 142,
loss. Had he sold the article for Rs.7850, his gain whereas his actual marks were 152. What is the
would have been equal to half of the amount of loss actual average marks of the group of 65 students?
that he incurred. At what percent should he sell the (Rounded off to two digits after decimal)
article to have 20% profit? (a) 151.25 (b)150.15 (c) 151.10
(a) Rs. 7500 (b) Rs. 9000 (c) Rs. 8000 (d) 150.19 (e) None of these
(d) Rs. 8500 (e) Rs. 9200 185. Perimeter of a rectangle is x and circumference of a
179. A alone would take 27 hours more to complete a circle is 8 more than the perimeter of the rectangle.
work than A+B together. B takes 3 hours more to Ratio of radius of circle and length of the rectangle
complete a work alone than A+B together. In how is 1 : 2 and ratio of length and breadth of rectangle
much time A alone would complete the work? is 7 : 3. Find the length of the rectangle.
(a) 12 hrs (b) 36 hrs (c) 9 hrs (a) 14 cm (b) 21 cm (c) 28 cm
(d) 18 hrs (e) None of these (d) 35 cm (e) 7 cm
186. A started a business with an investment of Rs. Directions (Q. No. 188-190) : Study the following
12,000. At the end of six months from the start of data carefully and answer the given questions.
the business, A withdrew half of his initial A bag contains 6 red balls and 8 green balls. Two balls
investment and B and C invested in the ratio of 10 :
are drawn at random one after one with replacement.
9 respectively. If A’s share in annual profit of Rs.
14,000 was Rs. 4,500 what was the investment What is the probability that
made by B? 188. Both the balls are green?
(a)Rs. 20,000 (b) Rs. 25,000 (c)Rs. 10,000 (a) (b) (c)
(d)Rs. 12,000 (e) Rs. 12,500
187. In a UPSC competitive examination in State, A 6% (d) (e) None of these
candidates got selected from the total appeared 189. First one is green and second one is red?
candidates. State B had an equal number of
(a) (b) (c)
candidates appeared and 7% candidates got selected
with 80 more candidates got selected than A. What (d) (e) None of these
was the number of candidates appeared from each
190. Both the balls are red?
state?
(a) 820 (b) 7500 (c) 700 (a) (b) (c)
(d) 8000 (e) None of these
(d) (e) None of these
IBPS CLERK MAINS: ANSWER KEY

1 c 2 b 3 e 4 d 5 e 6 a 7 c 8 b 9 b 10 e
11 d 12 e 13 d 14 b 15 b 16 d 17 a 18 a 19 c 20 b
21 c 22 b 23 b 24 d 25 c 26 a 27 e 28 c 29 b 30 d
31 d 32 b 33 c 34 b 35 a 36 c 37 c 38 b 39 c 40 c
41 c 42 a 43 c 44 d 45 a 46 b 47 b 48 c 49 c 50 b
51 e 52 d 53 d 54 a 55 e 56 a 57 b 58 b 59 e 60 a
61 b 62 a 63 c 64 a 65 d 66 e 67 e 68 d 69 b 70 e
71 c 72 c 73 c 74 c 75 a 76 a 77 c 78 c 79 b 80 a
81 a 82 a 83 b 84 c 85 c 86 a 87 a 88 d 89 c 90 b
91 a 92 a 93 d 94 b 95 c 96 b 97 e 98 c 99 c 100 a
101 b 102 d 103 c 104 a 105 a 106 d 107 d 108 e 109 d 110 a
111 a 112 a 113 e 114 d 115 d 116 d 117 e 118 b 119 c 120 d
121 e 122 c 123 b 124 a 125 e 126 d 127 b 128 e 129 c 130 d
131 b 132 a 133 d 134 c 135 d 136 d 137 a 138 d 139 d 140 b
141 b 142 c 143 a 144 c 145 c 146 c 147 d 148 c 149 d 150 b
151 d 152 b 153 a 154 c 155 d 156 d 157 c 158 e 159 a 160 c
161 b 162 b 163 d 164 b 165 d 166 a 167 b 168 b 169 d 170 e
171 a 172 e 173 b 174 a 175 a 176 a 177 b 178 b 179 b 180 a
181 b 182 c 183 e 184 b 185 c 186 a 187 d 188 c 189 d 190 b
SSC CHSL
No. of Questions: 100 Total Marks: 200
Time: 60 minutes Negative Marks: 0.5
REASONING Statements:
Some chairs are made up of wood.
1. Select the one which is different from the other three Some tables are made up of wood.
responses. Inferences:
(a) 187:11 (b) 194:12 (c) 195:13 (d) 224:14 I. All wooden things are either chairs or tables.
2. Select the related letter/word/number from the given II. Some chairs are tables.
alternatives. (a) Only inference I follow
Polio : Virus : : Anthrax : ? (b) Only inference II follows
(a) Fungus (b) Bacteria (c) Virus (d) Insect (c) Both inference I and II follow
3. Arrange the following words as per order in the dictionary– (d) None of the inference follows
1- Forecast 2- Forest 3- Foreign 4- Forsook 5- 12. Prakash jumps higher than Pinakin, but not as much as Ketan
Force Jumps. Rohan jumps lower than Pranav but not less than
(a) 3,5,1,2,4 (b) 5,1,3,2,4 (c) 5,1,3,4,2 (d) 5,1,2,3,4 Ketan. Who jumps lowest?
4. Which one set of letters when sequentially placed at the gaps (a) Pinakin (b) Ketan (c) Rohan (d) Pranav
in the given letter series shall complete it? 13. At what time Hour hand and Minute hand of a clock coincide
rtx_sx_z_txy_ _yz each other between 6 and 7?
(a) yyrxs (b) yysxr (c) yyrsx (d) yyxrz 8 8
(a) 32 minutes past 6 (b) 34 minutes past 6
5. Which one of the given responses would be a meaningful order 11 11
of the following? 8 5
1- Rain 2- Sunlight 3- Vapour 4- Cloud (c) 30 minutes past 6 (d) 32 minutes past 6
(a) 3,2,4,1 (b) 2,3,4,1 (c) 4,1,2,3 (d) 2,3,1,4 11 11
14. If the word PRINCIPAL is written as LAPICNIRP, how
6. In the following series of English alphabets, how many ‘a b c’
ADOLESCENCE can be written in that code?
occur in such a way that ‘b’ is in the middle and both ‘a’ and ‘c’
(a) ECNCESELODA (b) ECNECSLEODA
are on any one side–
(c) ECNSCEELODA (d) ECNECSELODA
qbcajIcbaIdaechkambcnoabcpkdcrbchaq 15. Pointing to a lady Simon said, “She is the daughter of the only
gabcfebctu sister of my father”. How is lady related to Simon?
(a) 6 (b) 4 (c) 3 (d) 2 (a) Mother (b) Aunt
7. From the given alternatives select the word which can be (c) Sister (d) Cousin sister
formed using the letters given in the word– 16. Which one of the following diagram best depicts the
ULTRANATIONALISM relationship among Shirt, Collar, Pocket?
(a) ULTRAMONTANE (b) ULTRAMODERN
(c) ULTRAIST (d) ULULATE
8. A series is given, with one term missing. Choose the correct
alternative from the given ones that will complete the series.
(a) (b) (c) (d)
132, 253, 374, 495, ?
17. Select the related letter/word/number from the given
(a) 565 (b) 523 (c) 5116 (d) 5102
alternatives.
9. A family consisted of a man, his wife, his three sons, their
VRYH : AFZR : KSFU : ?
wives and three children in each son’s family. How many (a) LESE (b) HSFE (c) FUMO (d) SRLR
members are there in the family? 18. Select the correct combination of mathematical signs to replace
(a) 12 (b) 13 (c) 15 (d) 17 ‘*’ signs and to balance the given equation.
10. Select the missing number from the given responses. 6 * 5 * 8 * 4 * 32
4 5 8 (a) - + × × (b) + + + = (c) ÷ + × + (d) × + ÷ =
3 ? 2 19. Choose the alternative figure in which the problem figure is
4 10 4 embedded.
48 200 64
(a) 185 (b) 40 (c) 20 (d) 4
11. Two statements are given followed by two conclusions I and II.
You have to consider the two statements to be true even if they
seem to be at variance from commonly known facts. You have
to decide which of the given conclusions, if any, follow from the
given statements. (a) (b) (c) (d)
20. In the following figure, the boys who are cricketer and sober are 25. A word is represented by only one set of numbers as given in
indicated by which number? any one of the alternatives. The sets of numbers given in the
alternatives are represented by two classes of alphabets as in
two matrices given below. The columns and rows of Matrix I are
numbered from 0 to 4 and that of Matrix II are numbered from 5
to 9. A letter from these matrices can be represented first by its
row and next by its column, eg., ‘A’ can be represented by 13,
20, etc. and ‘S’ can be represented by 68, 79 etc. Similarly, you
have to identify the set for the letters given. HEAT
(a) 6 (b) 7 (c) 4 (d) 2

21. Four different positions of dice are as shown below.
What number is opposite to face 3?
(a) 78, 41, 01, 55 (b) 85, 31, 32, 79

(c) 99, 11, 33, 75 (d) 65, 13, 14, 69
(a) 4 (b) 3 (c) 2 (d) 6 GENERAL AWARENESS
22. Which answer figure will complete the question figure? 26. Elapidae Naja is the scientific name of ______.
(a) Cobra (b) Elephant (c) Eagle (d) Owl
27. A volcano that is not expected to erupt again is called
______.
(a) Cinder Cone (b) Moraine
(c) Extinct Volcano (d) Lava
28. Kaleidoscope was invented by _____.
(a) John Barber (b) Tim Berners-Lee
(c) Alan Blumlein (d) Sir David Brewster
29. Santhara is a religious ritual of _______ community
(a) Sikhs (b) Jews (c) Jains (d) Buddists
(a) (b) (c) (d) 30. Vacuum Tubes were used by _______ Generation of
23. If a mirror is placed on the line XY, then which of the answer Computers
figures is the right image of the given figure? (a) First (b) Second (c) Third (d) Fourth
31. Which fort is also known as the Golden Fort?
(a) Chittorgarh (b) Kumbhalgarh
(c) Ranthambore (d) Jaisalmer
32. What is the unit of the physical quantity “Magnetic Field
Strength”?
(a) Joule per meter (b) Newton per meter
(c) Kelvin per meter (d) Ampere per meter
33. The law of Demand is based on the concept that people
(a) buy more of a good as their income increases
(b) buy more of a good as the price of the good falls
(c) will spend all of their money on something
(a) (b) (c) (d) (d) want more of everything even if they have no
24. A piece of paper is folded and punched as shown below. How money to buy anything
34. A hard coal containing little volatile matter is called
will it appear when unfolded?
(a) Loess (b) Anthracite (c) Atoll (d) Lava
35. Which of the following cricket teams are not directly qualified
for the ICC Cricket World Cup 2019?
(a) West Indies (b) New Zealand
(c) South Africa (d) Sri Lanka
36. Who will head the 2nd National Judicial Pay Commission
(NJPC) to look into pay hike issue of lower court judges?
(a) RC Lahoti (b) E Padhmanabhan
(a) (b) (c) (d) (c) Jagannatha Shetty (d) PV Reddy
37. Muscles get tired when there is shortfall of 52. A train travelled 75% of the way from town X to town Y by
(a) Lactic acid (b) Na + ions travelling for A hours at an average speed of B kmph. the train
(c) ATP (d) Sulphates travels at an average speed of S kmph for the remaining part of
38. Choose odd one out the journey. Which of the following expressions represents the
(a) Cyber space (b) Internet average speed of the entire journey?
𝑆
(c) HTML (d) WWW (a) 0.75B + 0.25 (b)
𝑆+
39. What is the capital of Turkey? (c) (d) 0.75A + 0.25S
𝑆
(a) Jerusalem (b) Canberra
53. There are 8 pipes connected to a tank. Some of them are filling
(c) Wellington (d) Ankara
pipes and the other are drain pipes. Each of the filling pipes
40. Periyar Tiger Reserve is in which state? can fill the tank in 12 hours and each of the drain pipes can
(a) Telangana (b) Tamil Nadu drain completely in 36 hours. If all the pipes are kept open, an
(c) Kerala (d) Uttarakhand empty tank gets filled in 3 hours. How many pipes are filling
41. Which of the following is a green house gas or a gas which pipes?
can deplete the Ozone layer? (a) 5 (b) 3 (c) 7 (d) 4
(a) N2O (b) A5H3 (c) N2 (d) C5H12 54. A, B and C start a business by investing Rs. 2000, Rs. 3000
42. Humayun’s Tomb is located in and Rs. 4000 respectively. But B increases his investment to
(a) Delhi (b) Agra (c) Gwalior (d) Jaipur Rs. 4000 after 4 months and C withdraws Rs. 1000 at the end
43. Under which Article is the Union Public Service Commission of 9 months. What is A’s share out of a total profit of Rs. 8475
earned in a year?
of India established?
(a) Rs.1600 (b) Rs.2800 (c) Rs.1800 (d) Rs.1200
(a) Article 315 (b) Article 250 55. When 231 is divided by 5, the remainder is
(c) Article 300 (d) Article 320 (a) 4 (b) 3 (c) 2 (d) 1
44. Segio Ramirez has won the 2017 cervantes prize. He hails 56. 3500 was lent partly at 4% and 6% S.I. The total interest
from which country? received after 3 year is 498. Then, how much amount lent at
(a) Spain (b) Mexico 4% S.I.?
(c) Chile (d) Nicaragua (a) 1300 (b) 1800 (c) 2000 (d) 2200
45. The instrument used to study the laws of vibrating string is 57. One year payment to the servant is Rs. 500 plus one shirt. The
(a) Hydrometer (b) Hygrometer servant leaves after 10 months and receives Rs. 350 and a
(c) Sonometer (d) Electrometer shirt. What is the price of the shirt?
46. In which of the following styles of dance the story/theme is (a) Rs.150 (b) Rs.350 (c) Rs.400 (d) Rs.500
always taken from Mahabharata and Ramayana? 58. The cost of 25 pencils and 20 sharpeners is Rs. 100. If the cost
of one sharpener is 50 paise more than the cost of a pencil,
(a) Bharatanatyam (b) Mohiniattam
then what is the total cost of 3 pencils and 4 sharpeners?
(c) Odissi (d) Kuchipudi
(a) Rs. 16 (b) Rs. 25 (c) Rs. 20 (d) Rs. 18
47. Which of the following gases is present under pressure in 59. In an examination, a student scores 4 marks for every correct
soft drinks? answer and losses 1 mark for every wrong answer. A student
(a) Oxygen (b) Nitrogen attempted all the 200 questions and scored 220 marks. The
(c) Carbon dioxide (d) Nitrous oxide number of questions, he answered correctly was
48. The concept of political Sovereignty was advocated by (a) 82 (b) 84 (c) 68 (d) 60
(a) Plato (b) John Locke 60. Aniruddha sold a bicycle at a gain of 8%, it been sold for Rs 75
(c) Rousseau (d) Austin more, the gain would have been 14%. The cost price of the
49. Which one of the following minerals occurs abundantly in bicycle was
the earth’s crust? (a) Rs.1200 (b) Rs.1250 (c) Rs.1350 (d) Rs.1500
−si 𝑥 + s 𝑥
(a) Bauxite (b) Silica 61. If p = cos x – sin x, q = ,r= , then find the value
−si 𝑥 + s𝑥
(c) Manganese (d) Iron of (p + q + r)².
50. Which temple is Awarded most visited temple of the World (a) 0 (b) 1 (c) 4 (d) 9
by World Book of Records? 62. If (x+y)² = 4 + z², (y+z)² = 9 + x², (z+x)² = 36 + y², then find the
(a) Golden Temple value of x + y + z.
(b) Ranganatha Swamy Temple (a) ± 1 (b) 0 (c) ± 3 (d) ± 7
(c) Shiridi Temple (d) Tirupathi 63. The ratio of area of a sector of a circle to the area of the circle
is 1 : 4. If the area of the circle is 154 cm², the perimeter of the
QUANTITATIVE APTITUDE sector is
51. Numbers of boys and girls are ‘x’ and ‘y’ respectively ; average (a) 11 cm (b) 25 cm (c) 36 cm (d) 40 cm
ages of a girl and a boy are ‘a’ years and ‘b’ years respectively. 64. The ratio between the number of sides and interior angle of
The average age (in years) of all boys and girls. regular polygon is 1 : 2 and 3 : 4 respectively. The number of
+ + + + sides of these polygons respectively are:
(a) (b) (c) (d)
+ + + + (a) 3, 6 (b) 4, 8 (c) 6, 9 (d) 5, 10
75. What percent of his income, does Mr. Rao spend on clothing,
65. If P = √7 + √7 + √7 + ⋯ ∞ and Q = transport and entertainment combined together?
(a) 33 ½ % (b) 27% (c) 25% (d) 12 ½%
√7 − √7 − √7 − ⋯ ∞ then relation between P and Q is
(a) P = -Q (b) P – Q = 5 GENERAL ENGLISH
(c) Both a and b (d) P + Q = 1 Directions (76-80): Read the following passage carefully and
66. A cone is cut at mid point of its height parallel to its base. The answer the questions given below it. Certain words/ phrases have
ratio of area of the two parts of cone would be-
been printed in bold to help you locate them while answering some
(a) 1 : 1 (b) 1 : 8 (c) 1 : 4 (d) 1 : 7
of the questions.
67. PR is a tangent at a point Q on a circle, in which O is the centre
and its radius is 8 cm. If OR = 16 cm and OP = 10 cm, then the Settled life and cultivation gave man leisure; he had no longer
length of PR is- to always think of getting food. During spare time he could make
(a) 18 cm (b) 19 cm stone tools, hoes or pots and weave cloth. Some people spared from
(c) 19.8 cm (d) 21.86 cm producing their own food could even devote themselves to other
68. If 𝑎𝑛𝑑 are the roots of the equation x² - x – 1 = 0, then activities all the time. This resulted in a division of labour. The
+ division of labour made it possible for various groups to specialize,
what is equal to?
− − that is, to acquire greater skill and learn better techniques in doing
(a) (b) (c) (d) None one kind of work.
69. D and E are the points on the sides AB and AC respectively of The settled community life needed rules to regulate the
a ∆ABC and AD = 8 cm, DB = 12 cm, AE = 6 cm and EC = 9 behaviour of the members of the community. It is not possible to
cm, then BC is equal to: know exactly how regulations were established. It appears that the
(a) DE (b) DE (c) DE (d) DE decisions regarding the community were taken by the people as a
whole, or by a council of elders, as is in the practice in tribal
70. ABC is a right angled triangle with A = 90º. Then the value of
cos2A + cos2 B + cos2 C is societies. There were perhaps no kings or any organized
(a) 2 (b) 1 (c) 0 (d) 3 government. Most likely, there were chiefs elected by the community
71. From the top of a 20 m high building, the angle of elevation of for their qualities of leadership. But, these chiefs could not pass their
the top of a tower is 60º and the angle of depression of its foot positions on to their sons and they enjoyed few special privileges.
is at 45º, then the height of the tower is (√3 = 1.732) Archaeological excavations have not revealed anything which would
(a) 45.46 m (b) 45.64 m (c) 54.64 m (d) 54.46 m indicate the prevalence of a higher status for some members of the
Directions (Q. 72-75): The pie-chart, given here shows community. This is also supported by the study of life in many tribes
monthly expenses on various heads and savings of the family of Mr in modern times. Thus, social inequalities do not seem to have
Rao. Study the chart and answer the questions based on it. emerged even in Neolithic times.
76. What did man do in his spare time?
(a) Made stone tools (b) Made hoes or pots
(c) Weave cloth (d) All of the above
77. In the passage, "division of labour" means?
(a) Specialization to acquire greater skills
(b) Learning arithmetic
(c) Working in groups
(d) Working from home
78. To which period do the Neolithic times refer:
(a) Later part of the Stone Age
(b) Early part of the Stone Age
(c) Later part of the Ice Age
(d) Medieval times
79. Chiefs were elected by the community for their
(a) age
(b) qualities of leadership
72. The amount spent on food exceeds the total amount spent on (c) responsibility and courage
education and clothing by (d) trust and loyalty
(a) 12 ½ % (b) 25% (c) 33 1/3% (d) 50% 80. The meaning of 'privilege' is
73. What percent of his income does Mr. Rao save? (a) allowance (b) favour
(a) 25% (b) 30% (c) 33 1/3% (d) 36% (c) benefit (d) interest
74. If the total income of Mr. Rao is Rs.72000, how much house 81. Four words are given, out of which only one word is spelt
rent does he pay? correctly. Choose the correctly spelt word
(a) Rs.5400 (b) Rs.9000 (a) Acquisision (b) Acqiusition
(c) Rs.10800 (d) Rs.12000 (c) Acquisition (d) Acquisetion
Directions (82-84): Out of the four alternatives, choose the 92. On tenterhooks
one which can be substituted for the given words/sentences. (a) Happy and excited
82. Committing murder in revenge (b) In suspense and anxiety
(a) Massacre (b) Vendetta (c) Angry and irritated
(c) Homicide (d) Regicide (d) Surprised and shocked
83. The thing that can be easily broken 93. In the following question, out of the four alternatives, choose
(a) Amorphous (b) Brittle the word which best expresses the meaning of the given word.
(c) Subtle (d) Solid SYCOPHANT
84. An unimportant person (a) PSYCHE (b) FLATTERER
(a) Nonagenarian (b) Nonentity (c) CRITIC (d) SLAVE
(c) Nonpareil (d) Nonconformist 94. In the following question, out of the four alternatives,
Directions (Q.85-89): A sentence/a part of the sentence is choose the word which is opposite in meaning to the
underlined. Four alternatives are given to the underlined part which
given word.
will improve the sentence. Choose the correct alternative. In case
no improvement is needed, select “No improvement”. IRASCIBLE
85. The interview came alive by satellite from Hollywood (a) CRANKY (b) CHOLERIC
(a) came as live (b) came live (c) AMIABLE (d) WASPISH
(c) came up live (d) No improvement Directions (Q. 95-97): The sentences given with blanks
86. There was little he could do to safe his battered reputation. are to be filled with an appropriate word(s). Four alternatives
(a) salvage (b) wreck are suggested for each question. For each question, choose
(c) destroy (d) No improvement the correct alternative.
87. It is much too important to be made a joke of 95. A partial victory is sometimes all we can hope to_____
(a) too much important (b) too many important (a) Gain (b) lose (c) suffer (d) reward
(c) very much important (d) No improvement 96. My father has been advised to _______his smoking.
88. Iago lied to Othello about his wife (a) Cut down (b) cut off (c) cut into (d) cut in
(a) lay (b) laid 97. I had not expected to meet him; it was quite an
(c) lain (d) No improvement ______meeting.
89. Despite his father’s financial assistance, he was always hard
(a) Organized (b) unique
on
(c) accidental (d) intentional
(a) hard in (b) hard up
(c) hard out (d) No improvement
Directions (Q. 98-100): In the following questions, one
Directions (Q.90-94): In each of the questions, for alternatives are part of the sentence may have an error. Find out which part of
given for the Idiom/Phrase. Choose the alternative which best the sentence has an error. If the sentence is free from error,
expresses the meaning of the Idiom/Phrase. Select “No error” option.
90. A cuckoo in the nest 98. The officers (a) / who were on inspection in this factory
(a) One who likes to stay at home (b) / were discovered many discrepancies. (c) / No error
(b) A view from a high place (d)
(c) An unwelcome intruder 99. He was not able to concentrate (A)/ because of the
(d) One who is chosen as the leader of the group continual music(B)/ being played next door.(C)/ No Error
91. A house of cards
(D).
(a) An insecure scheme
(b) A gambling house 100. The job is (A)/ under the direct (B)/ of Mrs Jones. (C)/ No
(c) A plan with high stakes error (D)
(d) A place where cards are printed
ANSWER KEY
1. b 11. d 21. a 31. d 41. a 51. b 61. d 71. c 81. c 91. a
2. b 12. a 22. b 32. d 42. a 52. b 62. d 72. a 82. b 92. b
3. b 13. a 23. d 33. b 43. a 53. a 63. a 73. b 83. b 93. b
4. c 14. d 24. c 34. b 44. d 54. c 64. d 74. c 84. b 94. c
5. b 15. d 25. a 35. a 45. c 55. b 65. a 75 d 85. b 95. a
6. c 16. d 26. a 36. d 46. a 56. d 66. d 76. d 86. a 96. a
7. c 17. a 27. c 37. c 47. c 57. c 67. c 77. a 87. d 97. c
8. c 18. d 28. d 38. c 48. c 58. a 68. b 78. a 88. d 98. c
9. d 19. a 29. c 39. d 49. b 59. b 69. b 79. b 89. b 99. b
10. d 20. d 30. a 40. c 50. a 60. b 70. b 80. c 90. c 100. b
*****

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CONTENTS

S.No. Chapter Name Page Nos.

1. Paradise Papers 1-2

2. Public Sector Banks Consolidation 3-4

3. Non Performing Assets (NPAs) 5-8

4. Insolvency and Bankruptcy Code-2016 9-10

5. National Anti-Profiteering Authority in GST 11-12

6. New India @ 2022 13-20

7. Guide to Credit Ratings 21-22

8. Peer To Peer (P2P) Lending 23

9. Recapitalization Plan for Banking Sector 24

10. Government Policies 25-27

11. RBI and Banking 28-31

12. Private Sector Banks 32

13. Memorandum of Understandings 33

14. Military Exercises and Defence Technology 34

16. Awards 36-38

17. Indexes and Committees 39

18. Sports 40-41

19. Summits (Nov-2017) 42-43

20. Important Days 44

21. National and International News 45-51

23. First Achievements 53-54

IBPS Clerk Mains 55-73

SSC CHSL 74-78

Highest Motorable Road in the World

INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS (ICIJ):

2. PUBLIC SECTOR BANKS CONSOLIDATION

3. NON PERFORMING ASSETS (NPAS)

ECONOMIC REASONS disposing secured assets without the intervention of the

4. INSOLVENCY AND BANKRUPTCY CODE-2016

6. NEW INDIA @ 2022

INDIA’S UNIQUE DEVELOPMENT EXPERIENCE

 India’s post-independence development unique in world history.

NEW INDIA @ 2022 – MODEL FOR THE WORLD

FOR 2022, WE RESOLVE TO HAVE:

FREEDOM 1: POVERTY FREE INDIA (1/4)

POVERTY FREE INDIA: SOCIAL DEVELOPMENT (2/4)

EDUCATION AND SKILL DEVELOPMENT

POVERTY FREE INDIA: INFRASTRUCTURE & CONNECTIVITY (3/4)

POVERTY FREE INDIA: GROWTH ENABLERS (4/4)

FREEDOM 2: DIRT AND SQUALOR FREE INDIA

FREEDOM 3: CORRUPTION FREE INDIA

FREEDOM 4: TERRORISM FREE INDIA (1/2)

TERRORISM FREE INDIA (2/2)

FREEDOM 6: COMMUNALISM FREE INDIA

ACHIEVEMENTS OF LAST 3 YEARS SPECIFIC TO MINORITIES (AS OF MAY, 2017)

BHARAT: EK NAYI SOCH

INDIA EMBRACING 4TH INDUSTRIAL REVOLUTION

FROM PPP TO PPPP

2047: SARVA-SHRESTHA BHARAT, JAGATGURU BHARAT

7. GUIDE TO CREDIT RATINGS,

Payment Capacity Not B+ B B+ 3.317

8. PEER TO PEER (P2P) LENDING

9. RECAPITALIZATION PLAN FOR

10. GOVERNMENT POLICIES

11. RBI AND BANKING

 To start branches in 650 district by April 2018.

 RBI allowed Asset Reconstruction companies (ARC’S) to hold

 The cash sales of agriculture produce by cultivator to trader for

Bank of China  Bank of China started operators in Pakistan.

Pay Pal:  American Digital Payment company Launched domestic operates

CH: Dan Schulman