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Current Affairs India - October 2012
BHEL Deployed Solar Panel on GSAT 10 Satellite
Bharat Heavy Electricals Limited had successfully deployed space grade solar panels on the GSAT-10 satellite of the Indian Space Research Organisation (ISRO). BHEL had supplied four solar panels for GSAT-10, that have an area of 5.36 square metre each and comprise multi-junction solar cells in series and parallel combinations, with a total power capacity of 4000 watts. The satellite was launched from the Kourou launch base in French Guyana, and it is the heaviest Indian satellite built by ISRO and caters to the country’s telecommunications and television broadcasting requirements. Bharat Heavy Electricals Limited, in collaboration with Indian Space Research Organisation, also had established state-of-the-art 10,000 class clean room facilities at its Electronics Systems Division in Bangalore for the assembly and testing of Space Grade Solar Panels using high efficiency solar cells.
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General Awareness for Bank Exams-October 2012
RBI plans to restructure SLR to meet Basel-III norms
According to media reports, the Reserve Bank of India said that it may restructure the statutory liquidity ratio (SLR) to compute liquidity under the Basel-III regulatory norms. The move is aimed at preventing a recurrence of 2008 like financial crisis. CARE Research estimates domestic banks will be required to raise equity in the range of $40-$50bn over the next six years to meet BASEL-III guidelines. Banks ROE is projected to fall by 80-100bps for every 1% increase in core equity ratio, if other things remain constant. Given that most PSU banks core equity ratio is 6%-9%, CARE believes their ROE is expected to remain under pressure in the range of 100-200bps due to higher capital requirement. However, banks could increase or decrease their lending/ deposit rate by 15-25 bps, increase fee income or bring in cost efficiency to protect their ROE to fall from the current levels.
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CRPF Constable Recruitment 2012
About RCF
The Central Reserve Police Force is the largest of India's Central Armed Police Forces. It functions under the aegis of Ministry of Home Affairs (MHA) of the Government of India. Its main role lies in assisting the State/Union Territories in police operations to maintain law and order and contain insurgency. Besides Law and Order and counter-insurgency duties, the role of
Central Armed Police Forces in the General Elections, held repeatedly during the past few years, has been very significant and vital. With 220 battalions and various other establishments, the CRPF is considered the largest paramilitary force in the world.
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Recruitment of Specialist Officers in IOB
About IOB
Indian Overseas Bank is a state-owned bank headquartered in Chennai, India. It has more than 2650 domestic branches, 3 extension counters and six branches overseas as of march 2012. Indian Overseas Bank has an ISO certified in-house Information Technology department, which has developed the online banking software IOB offers internet Banking (E-See Banking) & Mobile Banking. The bank was established by M. Chidambaram Chettyar in 1937. In 2007, IOB took over Bharat Overseas Bank. In 2010, Malaysia awarded a commercial banking license to a locally incorporated bank to be jointly owned by Bank of Baroda, IOB and Andhra Bank. The new bank, India International Bank (Malaysia), will reside in Kuala Lumpur. Andhra Bank will hold a 25% stake, Bank of Baroda will own 40% and IOB the remaining 35%.
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Syllabus of IBPS Clerk Exam 2012 | IBPS Clerk Exam Syllabus
IBPS Clerk Exam 2012
The validity of the scorecard issued for the first CWE for Clerks held in November/ December 2011 expiring in February 2013. The next Common Written Examination (CWE
Clerk-II) as a pre-requisite for selection of personnel for Clerical cadre posts in the Public Sector Banks will be conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in December 2012.
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IBPS Clerk Exam Notification 2012
The validity of the scorecard issued for the first CWE for Clerks held in November/ December 2011 expiring in February 2013. The next Common Written Examination (CWE Clerk-II) as a pre-requisite for selection of personnel for Clerical cadre posts in the Public Sector Banks will be conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in December 2012.
Any eligible candidate, who aspires to join any of the Public Sector Banks listed below as a Clerk or in a similar post in that cadre, is required to clear the Common Written Examination (CWE).
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NMCCO Recruitment 2012
About NMCCO
The National Micro Credit Control Organisation (NMCCO) has been established to foster sustainable development of microfinance sector through creating an enabling environment for MFIs in India. National Micro Credit Control Organisation distributes small loans that begin at Rs. 2,000 to Rs. 45,000 to poor women so they can start and expand simple businesses and increase their incomes. Their micro-enterprises range from raising cows and goats in order to sell their milk, to opening a village tea stall etc. National Micro Credit Control Organisation also offers micro-insurance to the poor as well as financing for other goods and services that can help them combat poverty.
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International Year of Sustainable Energy for All
SUSTAINABLE ENERGY FOR ALL is an initiative launched by the United Nations Secretary-General and guided by his High Level Group that brings all key actors to the table to make sustainable energy for all a reality by 2030. India is hosting an international seminar on Energy Access. Prime Minister, Dr Manmohan Singh inaugurated the function. Below given are the important points in his inaugural address.
One of the principal development challenges confronting humankind today is to ensure that each person has affordable access to energy. Lack of access to energy deprives millions of people of a basic minimum living standard.
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Current Affairs India - October 2012
NIESBUD Signs MoU for Promoting E-Learning Initiative
The National Institute for Entrepreneurship and Small Business Development, an organization of the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, engaged in training, research and other interventions with the objective of promotion of entrepreneurship and development of small and micro enterprises in the country, has joined hands with the Sun Online Learning India Pvt. Ltd. for promoting the E-learning initiative (www. careerstrokes.com) developed by the Company for career planning and career enhancement. NIESBUD has provided training to 1,27,768 persons as on September 30, 2012 through 4,764 different training programmes since its inception in July 1983. This includes 2,285 international participants hailing from more than 130 countries throughout the globe.
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HAL Management Trainees Recruitment 2012
About HAL
Hindustan Aeronautics Limited (HAL), founded in 1940, is one of world's largest aerospace companies. It works under the management of the Defence Ministry of India and mainly involved in the manufacturing and assembling of aircrafts, navigation and related communication equipment, as well as operating airports. HAL built the first military aircraft in South Asia and is currently involved in the design, fabrication and assembly of aircraft, jet engines, and helicopters, as well as their components and spares. It has several facilities throughout India including Koraput, Lucknow, Bangalore, Nasik, Korwa, Hyderabad and Kanpur. The German engineer Kurt Tank designed the HF-24 Marut fighter-bomber, the first fighter aircraft made in India. HAL has a long history of collaboration with international players such as Boeing, Airbus, Israel Aircraft Industries, Sukhoi Aviation Corporation etc. Currently it has an employee strength of nearly 35,000.
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Business Current Affairs - October 2012
49% FDI in Insurance
Continuing with the reforms momentum, the cabinet approved allowing 49% Foreign Direct Investment (FDI) in insurance. It cleared all amendments of the insurance bill. The government wants to build on the positive sentiment created by its reforms burst while sending out a clear message that it is doing all it can to arrest the deceleration in growth that has been forecast by a stream of forecasters. Last week, the Asian Development Bank cut its growth estimate for this year to 5.6 per cent from 7 per cent earlier. "Unless we go for 49 per cent, we will not have the kind of capital required to underpin the growth of insurance industry," Insurance Regulatory and Development Authority ( Irda) Chairman J Hari Narayana said on the sidelines of a CII event in Delhi.
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Current Affairs Quiz - October 2012
Through current affairs online test series, currentaffairsindia.info presents the most relevent model questions on Indian Current Affairs. These questions are
applicable to Civil Service Prelims(CSAT 2013), Railway Recruitment Exams, Bank PO and clerical exams and various other competitive exams. The questions are framed
from Government releases, various major news papars etc. Any comments/doubts are welcomed!!
1. Which among the following are correct about the recently launched Indian satellite GSAT 10?
1. GSAT-10 is the heaviest satellite of India till now.
2. GSAT-10 has a life span of around 15 years.
3. GSAT-10 was launched from Thumba,Kerala
4. GSAT-10 has GPS aided Geo Augmented Navigation System, known as GAGAN.
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SBI Specialist Officers Recruitment 2012-13
About State Bank of India
State Bank of India is the largest banking and financial services company in India by market capitalization, revenue and assets. It is a Govt-owned bank with its headquarters in Mumbai, Maharashtra. As of March 2012, it had assets of US$360 billion with more than 13,500 outlets including 157 overseas branches and agents globally. The bank was earlier known as Imperial Bank of India. Bank of Madras merged into the other two presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India. In 1955, Government of India nationalised the Imperial Bank of India, with the RBI taking a 60% stake, and renamed it the State Bank of India. In 2008, the Government of India took over the stake held by the RBI. State Bank of India has been ranked 285th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012.
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