GK Power Capsule – (The Hindu Review) August 2014

1. RBI has held policy rates at current levels. However RBI’s move to cut SLR by 50 bps to 22% could provide banks an additional liquidity of R44,000 crore. Current fiscal year is expected to go up to 5.5 per cent from 4.7 per cent in last financial year.
i. Bank Rate – 9 % (Unchanged)
ii. Cash Reserve Ratio – 4 % (Unchanged)
iii. Statutory Liquidity Ratio – 22 % (Decreased 0.5%)
iv. Repo Rate – 8 % (Unchanged)
v. Reverse Repo Rate – 7 % (Unchanged)
vi. Marginal Standing Rate – 9 % (Unchanged)

2. Union Government appointed chairman of Joint Intelligence Committee (JIC) RN Ravi as Naga interlocutor. He was also appointment as Chief of the Joint Intelligence Committee. 

3. Turkey's ruling party named Finance Minister Ahmet Davutoglu as New Prime Minister of Turkey. 

4. Thailand coup leader, Army Chief Prayuth Chanocha was elected as The Prime Minister of Thailand.

RECRUITMENT OF PROBATIONARY OFFICERS IN ASSOCIATE BANKS OF STATE BANK OF INDIA

ADVERTISEMENT NO. CRPD/PO/AB/2014-15/04

State Bank Of India has notified the recruitment of PO in Associate Banks of SBI in Pay Scale of Rs 14500-600/7-18700-700/2-20100-800/7-25700. 
  • ONLINE REGISTRATION OF APPLICATION - 01.09.2014 TO 18.09.2014
  • PAYMENT OF FEES - ONLINE 01.09.2014 TO 18.09.2014
  • PAYMENT OF FEES – OFFLINE 03.09.2014 TO 20.09.2014
APPLICATION FEE AND INTIMATION CHARGES: (Non Refundable)
1. SC / ST / PWD Rs. 100/- (Intimation Charges only)
2. All others Rs. 500/- (App. fee and intimation charges)
  • The examination will be held in the month of November 2014. 

GK Power Capsule – July 2014 (The Hindu Review)

1. New Governors Appointments –
(i) Shri Kaptan Singh Solanki - Governor of Haryana.
(ii) Shri Keshari Nath Tripathi - Governor of West Bengal.
(iii) Shri Ram Naik - Governor of Uttar Pradesh 
(iv) Shri Balramji Dass Tandon - Governor of Chhattisgarh
(v) Shri Om Prakash Kohli - Governor of Gujarat
(vi) Shri Padmanabha Balakrishna Acharya - Governor of Nagaland.

2. Lt. General Dalbir Singh Suhag took over as Chief of Army Staff. He succeeded General Bikram Singh to become the 28th Army Chief.

3. Chief of Air Staff, Air Chief Marshal Arup Raha took over as the Chairman of the Chief of Staff Committee.

4. Amitabh Bachchan was appointed as the horticulture ambassador of Maharashtra.

5. Subhash Sheoratan Mundra took charge as the fourth Deputy Governor of the Reserve Bank of India for three years. He was appointed to fill the vacancy created by the KC Chakrabarty. Before being appointed as Deputy Governor of RBI, S S Mundra was the Chairman and Managing Director of Bank of Baroda.


GK Power Capsule – June 2014 (The Hindu Review)

1. Reserve Bank of India, in its second bimonthly monetary policy statement reduced the Statutory Liquidity Ratio (SLR) by 50 basis points to 22.5 per cent. This measure is likely to infuse around Rs.40,000 crore into the banking system.
New Rates are:
(A) Repo Rate – 8 % (Unchanged)
(B) Reverse Repo Rate – 7 % (Unchanged)
(C) Cash Reserve Ratio – 4 % (Unchanged)
(D) Statutory Liquidity Ratio – 22.5 % (Decreased 0.5%)
(E) Bank Rate – 9 % (Unchanged)
(F) Marginal Standing Rate – 9 % (Unchanged)

2. Additional secretary A.K. Dubey was appointed as Chairman of Coal India Limited with immediate effect.

3. Rajeev Topno was appointed as Private Secretary to Prime Minister Narendra Modi.

4. United Nations General Assembly approved the name of Zeid Ra’ad Zeid alHussein to head the Office of High Commissioner for Human Rights (OHCHR) of the UN.

5. Shaktikanta Das was appointed as the new Revenue Secretary.


SSC Combined Higher Secondary Level (10+2) Examination, 2014

STAFF SELECTION COMMISSION (SSC)

Combined Higher Secondary Level (10+2) Examination, 2014

Exam Date - 02nd November 2014 & 09th November 2014

  • Staff Selection Commission has notified the CHSL Exam 2014 to fill Group-“C” posts of Data Entry Operator in Pay Band-1, Grade Pay Rs. 2400 and Lower Division Clerk in Pay Band-1, Grade Pay Rs.1900 in various Central Government Ministries / Departments / Offices.
  • Tentative vacancies for the post of Data Entry Operators and Lower Divisional Clerk are 1006 and 991 respectively.
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