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GA Power Capsule For Syndicate & Canara PO Exam 2018: Adda247 App
GA Power Capsule For Syndicate & Canara PO Exam 2018: Adda247 App
Contents
Union Budget 2018-19 : A Complete Analysis ................................................................................................................. 3
The Most Important 35 Points from the Economic Survey… ........................................................................................ 5
The Most Important Current Affairs for Syndicate & Canara Bank PO Exams .......................................................... 7
Static Takeawys from January 2018 Current Affairs ..................................................................................................... 11
Static Take Aways December 2017 Current Affairs ...................................................................................................... 13
Static Take-Aways November 2017 Current Affairs ..................................................................................................... 14
Current Affairs Injections: 1st to 6th February 2018 ..................................................................................................... 16
Static Takeaways from February 2018 Current Affairs ................................................................................................ 18
BANKING & FINANCIAL AWARENESS CURRENT AFFAIRS............................................................................... 18
ECONOMY/FINANCIAL CURRENT AFFAIRS .......................................................................................................... 23
Static Takeaways from Banking & Economy Current Affairs ..................................................................................... 24
BUSINESS NEWS (NATIONAL & INTERNATIONAL) ............................................................................................. 26
Static Takeaways from Business Current Affairs .......................................................................................................... 27
AGREEMENTS/MOU SIGNED ...................................................................................................................................... 27
NEW APPOINTMENTS: NATIONAL ........................................................................................................................... 29
NEW APPOINTMENTS: INTERNATIONAL ............................................................................................................... 31
Countries|Capital|Currency Part 1................................................................................................................................ 32
Static Takeaways from New Appointments .................................................................................................................. 32
AWARDS ............................................................................................................................................................................ 33
CURRENT SUMMITS/EVENTS HELD (NATIONAL/INTERNATIONAL)........................................................... 35
COMMITTEES IN NEWS ................................................................................................................................................. 37
NATIONAL CURRENT AFFAIRS .................................................................................................................................. 38
INTERNATIONAL CURRENT AFFAIRS ...................................................................................................................... 41
CURRENT AFFAIRS RELATED TO STATES IN INDIA ............................................................................................. 43
ALL ABOUT THE STATES IN INDIA CM/GOVERNORS/WILDLIFE SANTUARIES/NATIONAL PARKS /
POWER PLANTS IN INDIA ............................................................................................................................................ 45
Country & Currency in News .......................................................................................................................................... 49
OBITUARIES (NATIONAL/INTERNATIONAL) ........................................................................................................ 50
LIST/INDEXES ANNOUNCED RECENTLY................................................................................................................ 51
Static Takeaways: Index/Reports released by different Organisations ..................................................................... 53
IMPORTANT DAYS OBSERVED RECENTLY.............................................................................................................. 54
BOOKS & AUTHORS ........................................................................................................................................................ 55
Economic Survey is an annual document of the Ministry of 1. The Economic Suvey 2017-18 was in pink colour to
Finance, Government of India, & reviews the highlight the gender issues.
developments in the Indian economy over the previous 12 2. As per the Economic Survey, a series of major reforms
months, summarises the performance on major undertaken over the past year will allow real GDP
development programs, & highlights the policy initiatives growth to reach 6.75 percent this fiscal & will rise to 7.0
of the government & the prospects of the economy in the to 7.5 percent in 2018-19.
short to medium term. 3. The Gross Value Added (GVA) at constant basic prices
Economic Survey 2017-18 tabled in Parliament on 29th is expected to grow at the rate of 6.1 per cent in 2017-18
January 2018 by the Union Minister for Finance & as compared to 6.6 per cent in 2016-17. Agriculture,
Corporate Affairs, Shri Arun Jaitley. industry & services sectors are expected to grow at the
The Most Important Current Affairs for Syndicate & Canara Bank PO Exams
Padma Awards 2018 Announced: Full List of Recipients with the Padma Shri. The awards are announced on the
The President of India has approved the awards for 85 eve of the Republic Day every year.
individuals, which includes 3 Padma Vibhushan, 9
Padma Bhushan & 73 Padma Shri. Padma Vibhushan Awards (2nd highest civilian award)
Fourteen of the awardees are women & 3 persons have Winner Category
been awarded posthumously. Ilayaraja Art (Music)
In sports personalities, former India cricket captain Ghulam Mustafa Khan Art (Music)
Mahendra Singh Dhoni & multiple world Parameswaran Parameswaran Literature & Education
champion cueist Pankaj Advani have been conferred with
the third-highest civilian award, Padma Bhushan. Padma Bhushan Awards (3rd highest civilian award)
The 2017 World Weightlifting Champion Saikhom Winner Category
Mirabai Chanu & former Asian Games gold medallist Pankaj Advani Sport
tennis player Somdev Devvarman have been conferred (Billiards/Snooker)
Complete list of Winners of Australian Open a) Government approval no longer required for FDI in
Category Winner Runner Up Single Brand Retail Trading (SBRT): Extant FDI policy
Men's Roger Federer Marin Cilic (Croatia) on SBRT allows 49% FDI under automatic route, & FDI
Singles (Switzerland) beyond 49% & up to 100% through Government
approval route. It has now been decided to permit 100%
Women's Caroline Wozniacki Simona Halep
FDI under automatic route for SBRT.
Singles (Denmark) (Romania)
b) Civil Aviation: As per the extant policy, foreign airlines
Men's Oliver Marach Robert Farah & J.
are allowed to invest under Government approval route
Doubles (Austria) & Mate Cabal (Colombia)
in the capital of Indian companies operating scheduled
Pavic(Croatia)
& non-scheduled air transport services, up to the limit
Women's Kristina Elena Vesnina
of 49% of their paid-up capital. However, this provision
Doubles Mladenovic (Russia)& Ekaterina
was presently not applicable to Air India, thereby
(France) & Tímea Makarova (Russia)
implying that foreign airlines could not invest in Air
Babos (Hungary)
India. It has now been decided to do away with this
AGREEMENTS/MOU SIGNED
AWARDS
COMMITTEES IN NEWS
OBITUARIES (NATIONAL/INTERNATIONAL)
Person Died Profession/Famous In?
Politician (National-International)
1. Raghunath Jha Senior Rashtriya Janata Dal leader & former Union Minister
2. Dinesh Nandan Sahay Chhattisgarh's first Governor
3. Roy Bennett Zimbabwean opposition leader
4. Kirti Nidhi Bista Former PM of Nepal
5. Purushottam Lal Kaushik Former Union minister & socialist leader
Singer/Musician (National-International)
6. Hugh Masekela Trumpeter, & Singer, known as the 'father of South African jazz'
7. Jatileswar Mukhopadhyay Acclaimed Bengali Singer
8. Robbie Malinga Legendary South African musician
9. Johnny Hallyday France's biggest rock star
10. Jagdish Mohan Renowned Hindustani vocalist of Kirana Gharana
11. Girija Devi Eminent classical singer & Padma Vibhushan awardee. Also known
as "Queen of Thumri" & fondly called Appa Ji.
Actor/Director/Producer (National-International)
12. Supriya Devi Veteran Bengali film actress
Environmental Performance Index (EPI) 2018 by India ranked 177 Switzerland leads the list
Yale & Columbia Universities along with WEF
Global Index of Talent Competitiveness India ranked at 81st Switzerland topped the list
India's domestic air passenger traffic grew by 16.4% in November 2017, topping the growth chart worldwide, as per
the global aviation body, International Air Transport Association (IATA).
As per the Bloomberg Billionaires Index, Jeff Bezos, founder & CEO of Amazon has become the richest man in the
history.
As per the All India Higher Education Survey (AIHES), India‘s Gross Enrolment Ratio (GER) in higher education
registered an increase from 24.5% in 2015-16 to 25.2% in 2016-17.
Tamil Nadu has the highest GER in the country at 46.9%. Bihar has the least GER of 14.9%.
In the Economist Intelligence Unit's (EIU) Global Democracy Index 2017, India ranked 42nd.
As per data collected through National Family & Health Survey (NFHS-4) conducted among more than 6 lakh
households in 2015-16, Delhi is the richest state while Bihar is the poorest.
As per the survey of Gallup International, PM Modi at 3rd rank among world leaders. French president Emmanuel
Macron ranked at first.
As per the Forbes List of Top-grossing actor 2017 Vin Diesel topped the List. -
Report by CARE (Credit Analysis & Research Topped by Greece India (Highest level of NPA
Ltd) Ratings on Highest Level of NPA‘s among BRICS) ranked 5th
Forbes' Rankings of Best countries in the world United Kingdom topped India was ranked 62nd
for business in 2018
Most expensive premium office locations in the Top spot is taken by Hong Kong Delhi Ranked 7th & Mumbai
World Report by JLL India (real estate services) ranked 16th
Global Innovation Index (GII) 2017 List topped by Switzerland India ranked 60th
Forbes India Celebrity 100 list 2017 topped by Actor Salman Khan (Second consecutive year)
As per World Inequality Lab in its World Inequality Report 2018, Since 1980, India led to substantial increase in
inequality so much that top 0.1% of earners continued to capture more growth than all those in bottom 50% combined.
Time magazine‘s Person of the Year was given to ―The Silence Breakers‖, the vanguard of a global movement by
millions of women to share their stories of sexual harassment & abuse.
As per the survey by TripAdvisor, Taj Mahal in Agra, is the second-best UNESCO world heritage site in the world,
after Cambodia's Angkor Wat.
Waste management system implemented in Kerala's coastal town of Alappuzha, recognized by United Nations
Environment Programme (UNEP) for fighting the pollution menace. It listed in the UNEP environment report
entitled, 'Solid approach to waste: how five cities are beating pollution'.
As per the Forbes List, Michael Jordan named as the highest-paid athletes of all time.
Forbes‘ Annual World‘s highest-paid musician Musician Diddy topped the list.
list
As per World Migration Report 2018 published Indian diaspora is largest in the World's 3 largest diasporas-
by International Organisation for Migration. world, with over 15 million India, Mexico & Russia.
Note: US remained the top destination for migrants from India living
migrants in the world in 2015 abroad
‗The Legatum Prosperity Index 2017‘ Norway topped the Index India ranked at 100th
Fortune‘s ‗Businessperson of the Year‘ 2017 Aditya Puri, MD of HDFC Topped by Nvidia‘s Mr.
Bank ranked at 18th Jensen Huang
Foreign Policy magazine's 2017 list of '50 Leading Indian-American senator Kamala Harris
Global Thinkers'
Time magazine readers‘ Person of the Year Saudi Arabia Crown Prince Mohammed bin Salman
IMD World Talent Ranking India Ranked 51 Switzerland topped the list
Global University Employability Ranking 2017 by Indian Institute of Science (IISc) IIT Delhi ranked 145th & IIT
Times Higher Education ranked 29th in 150 Universities Bombay ranked 148th.
Forbes Highest-paid woman in Music in 2017 American singer Beyonce topped the List.
Adele came second & Taylor Swift ranked third.
List of Mergers in the Indian Banking Industry ICICI Bank Bank of Rajasthan 2010
The Bank which The Bank which got Year of State Bank of State Bank of Indore 2009
acquired Merged Merger India
State Bank of 5 SBI‘s Associate 2017 State Bank of State Bank of 2008
India Banks & Bharatiya India Saurashtra
Mahila Bank HDFC Bank Centurion Bank of 2008
Kotak Mahindra ING Vysya Bank 2016 Punjab
Bank Centurion Bank Lord Krishna Bank 2007
RBI revises priority sector lending norms for RRBs CAPITAL MARKETS IN INDIA
Salient features of the guidelines:- It is the market for long term funds. It refers to all the
Targets: 75 % of total outstanding to the sectors facilities & institutional arrangements for borrowing &
eligible for classification as priority sector lending. lending medium & long term funds.
Categories of the Priority Sector: Medium
Enterprises, Social Infrastructure&Renewable Energy Money Market VS Capital Market
will form part of the Priority Sector, in addition to the Money Market Capital Market
existing categories, with a cap of 15% of total Market for short term Market for long term
outstanding. financial assets financial assets
Agriculture: 18% of total outstanding should be Maturity period less than Maturity period beyond
advanced to activities mentioned under Agriculture. one year one year
Small & Marginal Farmers: A target of 8% of total Deals over the counter Deals at stock exchange
outstanding has been prescribed for Small&Marginal No. of players limited No. of players unlimited
Farmers within Agriculture. Regulated by RBI Regulated by SEBI
Micro Enterprises: A target of 7.5 % of total
outstanding has been prescribed for Micro Enterprises. Major money market Instruments
Weaker Sectors: A target of 15 % of total outstanding Certificate of Deposit (CD)
has been prescribed for Weaker Sections. Commercial Paper (CP)
Monitoring: Priority Sector Lending will be monitored Inter Bank Participation Certificates
on a quarterly as well as annual basis. Inter Bank term Money
Note: The revised guidelines will be operational with Treasury Bills
effect from Jan 2016. Bill Rediscounting
Call/Notice Money
REVERSE MORTGAGE LOAN
The scheme of reverse mortgage has been introduced for Terms relating to Money Market
the benefit of senior citizens owning a house but having Call Money Money lent or borrowed for one day
inadequate income to meet their needs. Some important Notice Money Money lent or borrowed for a period
features of reverse mortgage are: of 2-14 days.
A homeowner who is above 60 years of age is eligible Term Money Money lent or borrowed for 15 daysto
for reverse mortgage loan. It allows him to turn the 1 year.
equity in his home into one lump sum or periodic Yield to Expected rate of return on an existing
payments mutually agreed by the borrower&the banker. maturity security purchased for the market.
Coupon Rate Specified interest rate on a fixed
Accounts for Foreign (Currency/Person) in India Foreign Currency Non-Resident (Bank) Account – FCNR
a) NRO A/c (Foreign Tourist) (B) Account
Foreign tourists during their short visit to India can FCNR (B) accounts are only in the form of term
open a Non-Resident (Ordinary) Rupee (NRO) deposits of 1 to 5 years
account (Current / Savings) with any Authorised Account can be in any freely convertible currency.
Dealer bank dealing in foreign exchange. Loans up to Rs.100 lakh can be extended against
Can be opened up to a maximum period of 6 months. security of funds held in FCNR (B) deposit either to
All payments to residents exceeding INR 50,000 can be the depositors or third parties.
made only by means of cheques / pay orders / DDs. The interest rates are stipulated by the Department of
Banking Operations & Development, RBI.
b) EEFC A/c
Exchange Earners' Foreign Currency Account (EEFC) How Ranting done to Banks in India
is an a/c maintained in foreign currency with RATING OF BANKS
Authorised Dealer. RBI‘s 1995 working group headed by Sh. S. Padmanabhan
It is a facility provided to foreign exchange earners, suggested method for rating.
including exporters, to credit 100% of their foreign RBI rates the banks on a 5 point scale of A to E, widely on
exchange earnings to the a/c, so that the account the lines of international CAMELS rating model for
holders do not have to convert foreign exchange into domestic banks&CALCS model for foreign banks.
Rupees, thereby minimizing the transaction costs.
All categories of foreign exchange earners, such as CAMELS Rating for Domestic Banks
individuals, companies, etc. who are resident in India, C Capital adequacy ratio
may open EEFC accounts. A Asset quality
It can be held only in the form of a current account. No M Management Effectiveness
interest is payable on EEFC accounts. E Earning (i.e. profitability)
L Liquidity (asset-liability management)
ACCOUNTS FOR NRI/PIO S System&controls
Non-Resident Ordinary Rupee Account (NRO Account)
NRO accounts may be opened / maintained in the Rating parameters for foreign banks
form of current, savings, recurring or fixed deposit C Capital adequacy ratio
accounts. A Asset quality
Interest rates offered by banks on NRO deposits L Liquidity
cannot be higher than those offered by them on C Compliance
comparable domestic rupee deposits. S System&controls
Account should be denominated in Indian Rupees.
NRI/PIO may remit from the balances held in NRO
BASEL-3 NORMS
account an amount not exceeding USD one million per
Basel Committee is the primary global standard-setter for
financial year, subject to payment of applicable taxes.
the prudential regulation of banks & provides a forum for
The limit of USD 1 million per financial year includes
cooperation on banking supervisory matters.
sale proceeds of immovable properties held by
NRIs/PIOs.
List of Schemes & Apps launched by Banks Instant money transfer – Bank of India
Airtel money – AXIS BANK + AIRTEL Kotak Bharat‘ mobile banking app - Kotak Mahindra
Asha Home loan – AXIS BANK Bank (KMB)
BOUTIQUE FINANCING SCHEME – State Bank of ‗Saral Rural Housing Loan‘ Scheme - ICICI Bank
India Awareness initiative ‗Dhanchayat -- HDFC Bank
Branch on Wheel – ICICI Bank in Odisha UPI App That Turns Your Smartphone into a Bank for
Chillar – HDFC Bank Easy Transfers – RBI
China‘s first online Banking ―webank‖ – Tancet SBI launches ‗State Bank of India No Queue‘ Mobile
Holdings App – State Bank of India
DDA Housing Scheme 2014 – HDFC Bank ICICI Bank launches ‗ICICI Appathon‘, a Mobile App
Digital Banking ―POCKET‖ – ICICI Bank – ICICI Bank
Digital Village Project in Akodara Village of Gujarat – Lakshmi Vilas Bank launches ‗LVB Mobile‘ app –
ICICI Bank Laxmi Vilas Bank
eforex – State Bank of India IMT APP -(Instant Money transfer ) Launched By –
E-KYC – State Bank of India State Bank Of India
EMI ON DEBIT CARD – ICICI Bank Ananya Project launched By – Syndicate Bank
E-Wallet – IRCTC Bank UcoPay wallet - UCO Bank
Facebook-based funds transfer platform ―KayPay‖ – LIME App - Axis Bank
Kotak Mahindra Bank PAYZAPP App - HDFC Bank
First home grown INDEX ―COMPOSITE INDEX‖ –
State Bank of India
I-Mobile app for windows phone – ICICI Bank
India‘s first‖ transparent credit card ―in association
with American Express – ICICI Bank
ICICI Apathon App – ICICI Bank launches ‗ICICI
Appathon‘, a Mobile App Development Challenge
India‘s first credit card exclusively for GOLF LOVERS
– RBL Bank
Instant money transfer – Bank of India
Instant Money Transfer (IMT) – Bank of India
Kisan card – AXIS BANK
Maha Millionaire‖, ―Maha Lakhpati‖ – Bank of
Maharashtra
M-Pesa – ICICI Bank+Vodafone
M-Wallet – Canara Bank
State Bank Freedom App – State Bank of India
Student Travel Card – ICICI Bank List of Union Cabinet Ministers & their Constituency
TAB BANKING FACILITY – State Bank of India
Tap & pay – ICICI Bank
Cabinet Ministers Portfolio Constituency
Twitter Handle account – State Bank of India
Shri Raj Nath Lucknow, Uttar
Video conferencing – IndusInd & federal bank Home Affairs
Singh Pradesh
Youth for India – State Bank of India
First home grown INDEX ―COMPOSITE INDEX‖ – Vidisha,
Smt. Sushma
State Bank of India External Affairs Madhya
Swaraj
I-Mobile app for windows phone – ICICI Bank Pradesh
India‘s first‖ transparent credit card ―in association Finance & Gujarat Rajaya
Shri Arun Jaitley
with American Express – ICICI Bank Corporate Affairs Sabha
India‘s first credit card exclusively for GOLF – RBL Road Transport &
Shri Nitin Jairam Nagpur,
Bank Highways
Gadkari Maharashtra
Shipping, Water
IMPORTANT DAYS
Important Days: April Important Days: October
2 April - World Autism Awareness Day First Monday of October-World Habitat Day
5 April - National Maritime Day 5th October- World Teachers Day
7 April - World Health Day 9th October- World Post Day
10 April - World Homoeopathy Day 10th October- World Mental Health Day
11 April - National Safe Motherhood Day 11th October- International Day of the Girl Child
18 April - World Heritage Day 13th October- International Day for Disaster Reduction
22 April - World Earth Day 15th October- International Day of Rural Women
24 April - National Panchayati Day 16th October- World Food Day
25 April - World Malaria Day 17th October- International Day for Eradication of Poverty
26 April - World Intellectual Property Day 21st October- Police Commemoration Day
29 April - International Dance Day 24th October- United Nations Day, World Polio Day,
Important Days: May 31st October- Rashtriya Ekta Diwas (National Unity Day)
1 May - International Labours day
Stadiums in Bangladesh
Bangabandhu National Stadium- Dhaka
Chittagong Stadium- Chittagong
Stadiums in England
Edgbaston- Birmingham
Headingley- Leeds
Lord's- London
Old Trafford- Manchester
Sophia Gardens- Cardiff
St Lawrence Ground- Canterbury
Important Defence Exercise Conducted in the World
The Brit Oval- London
Garuda: India-France
Trent Bridge- Nottingham
HAND-HAND: India-China
Indra: India-Russia
Stadiums in India
Jimex: India-Japan Barabati Stadium -Cuttack
Malbar: Us-India-Japan Barkatullah Khan Stadium -Jodhpur
Shade: Naval Forces Of India, Japan&China Barsapara Cricket Stadium: Guwahati
Surya Kiran: India&Nepal Greenfield International Stadium:
Varuna: France&India Thiruvananthapuram
Simbex: Indian Navy With Republic Of Singapore Brabourne Stadium -Mumbai
Navy Eden Gardens -Kolkata
Ibsamar: India with Brazil&South African Navy Feroz Shah Kotla -Delhi
Konkan: Indian Navy&Royal Navy Of Britain Gandhi Stadium -Jalandhar
Ausindex: Indian&Australian Navy Green Park -Kanpur
Indradhanush Or Rainbow: India-Uk Air Exercises Indira Gandhi Stadium -Vijayawada
Nomadic Elephant: Indian Army Exercises with Rajiv Gandhi Port Silver Jubilee Stadium -
Mongolia Visakhapatnam
Ekuverin: Maldives&India Jawaharlal Nehru Stadium -New Delhi
Garuda Shakti: India&Indonesia Lal Bahadur Shastri Stadium -Hyderabad
Mitra Shakti: India-Sri Lanka M.Chinnaswamy Stadium -Bangalore
Naseem Al-Bahr: India-Oman MA Chidambaram Stadium -Chennai
Madhavrao Scindia Cricket Ground -Rajkot
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GA Power Capsule for Syndicate & Canara PO Exam 2018
Moin-ul-Haq Stadium -Patna
Sardar Vallabhai Patel Motera Stadium -Ahmedabad
Sawai Mansingh Stadium -Jaipur
Vidarbha CA Ground -Nagpur
Wankhede Stadium –Mumbai
Jawaharlal Nehru Stadium: Kochi (Kerala)
Dr. Bhupen Hazarika Cricket Stadium: Guwahati
(Assam)
Dhyan Chand National Stadium: Delhi
Stadiums in Pakistan
Arbab Niaz Stadium-Peshawar
Ayub National Stadium-Quetta
Gaddafi Stadium-Lahore
Stadiums in Zimbabwe
Bulawayo Athletic Club-Bulawayo
Harare Sports Club-Harare
Kwekwe Sports Club-Kwekwe
Queens Sports Club-Bulawayo