Banking Awareness PYQs

• Shujaat Bukhari was a journalist and the editor of Srinagar based newspaper ‘Rising Kashmir’.
• He was shot dead on 14, June 2018 outside his office in Srinagar.

• Bharat Inclusion Initiative is launched by Centre for Innovation, Incubation,and Entrepreneurship (CIIE) of IIM Ahmedabad.
• The initiative will support incubating startups that work in the field of livelihood, education and health partnering with industry experts, mentors,and corporates.

• 25^th International Conference on Telecommunications (ICT) was hosted in Saint-Malo, France in June 2018.
• The theme of ICT 2018 was ‘Terahertz (THz) technology’.
• The topic of interest includes 5G mobile communications, Software radio, Big data network etc.

• Salvage value is the title given to an asset for its diminished value.
• It is defined as the estimated resale value of an asset at the end of its useful life.
• Suppose ‘A’ buy a car for 5 lakh rupees, after using it for 10 years the car met with an accident and damage is beyond repair. Now A sells it to the junkyard for 10,000. The value of its metal, body and left parts that A gained is termed as salvage value or residual value.

• Hirakud Dam is built across Mahanadi river in Odisha.
• It is one of the biggest dams in India.
• The 5 biggest dams in India are as follows-

• The headquarters of ADB is in Manila, Philippines.
• ADB was established on 19 December 1966 on the recommendations of the Economic Commission for Asia-Pacific Region (ECAFE) to promote social and economic development in Asia.
• It provides loans, technical assistance, grants and investments to all projects in the Asia-Pacific region.
• Currently, ADB has 68 members of which 49 are from within the Asia-Pacific region and 19 from outside.

• Dudhwa National Park is located in Lakhimpur Kheri district of Uttar Pradesh.

Key Points

• Dudhwa Tiger Reserve was established in the year 1987.
• It is spread over the areas of Lakhimpur and Bahraich district.
• Total area: 1093.79 km sq.
• It shares its north-eastern boundary with Nepal.
• It is home to 400 bird species, cheetah, elephants, tigers, leopards, swamp deer, etc.

Additional Information

• Uttar Pradesh has 3 Tiger Reserves in the state.
• Dhudhwa Tiger Reserve
• Pilibhit Tiger Reserve
• Amangarh Tiger Reserve
• Pilibhit Tiger Reserve:-
• ​Established in the year 2008.
• Spread over Pilibhit, Lakhimpur, and Bahraich district in Uttar Pradesh.
• Total area: 602.79 km sq.
• Amangarh Tiger Reserve:-
• Established in the year 2012.
• Located in Amangarh in the Bijnor district.
• Total area: 80.06 sq km.

• Uttarakhand Sanskrit University, Haridwar, Uttarakhand will host the 5^th International Conference on Human Excellence through Yoga in February 2019.
• The conference will be organised by Indian Association of Yoga, New Delhi.
• The conference will provide an international platform to Yoga aspirants, Yoga experts to come together and share their experience and the ideas for the betterment of the society.
• The 2-day conference has various sub-themes like Spiritual excellence and Yoga, Human Values and Yoga, Corporate excellence and Yoga etc.

• LSR stands for Liquidity Stress Ratio (LSR).
• LSR is the ratio of potential money outflow to the actual money inflow during a certain period.
• LSR calculates the liquidity shortfall, a mismatch in the bank’s balance sheets of a Bank Holding Company (BHC) during the financial crisis.
• LSR is used to describe the liquidity condition of the banking sector and may offer an early warning signal of a liquidity or financial crisis.

• Lusaka is the capital city of Zambia (a landlocked country in South-Central Africa).
• In April 2018, 14^th President of India Ram Nath Kovind visited Lusaka and met Zambia’s President Edgar Lungu.
• During the visit, India’s President launched $289 million projects to decongest Lusaka roads$.

• In fiscal 2018-19, NABARD has increased its lending to ₹80,000 crore against ₹65,000 crore in fiscal 2017-2018.
• National Bank for Agriculture and Rural Development (NABARD) is an agricultural development financial institute in India, that provides funds for promotion and development of agricultural, cottage and village industries, handicrafts, small-scale industries in India.

NABARD was set up in 1982, with its headquarters at Mumbai, Maharashtra.

• West Indies will host the 6^th edition of ICC Women's World Twenty20 in November 2018.
• The tournament will include 10 participating teams divided into two groups.
• The 5^th edition of ICC Women's World Twenty20 was hosted by India in 2016.
• West Indies won 5^th edition by defeating Australia in the finals.

• A 27 member committeere-constituted by SEBI to suggest a roadmap for developing the corporate bond market in the country is headed by Harun R Khan (Deputy Governor, RBI).
• The committee has representation from government, banks, mutual funds, stock exchange, market regulators.
• Corporate bonds are debt securities issued by the corporation to raise money in the corporation for various expansion purposes of the company.

• Rani Rampal is the captain of Indian women hockey team.
• Recently she lead the Indian women hockey team in 2018 Women’s Hockey World Cup, where Indian team managed to reach the quarterfinals of the tournament.

• CAGR stands for Compound Annual Growth Rate.
• It is defined as the mean annual growth rate of an investment over a specified period of time longer than one year.
• \(CAGR = {\left( {\frac{{Ending;Value}}{{Beginning;Value}}} \right)^{\left( {\frac{1}{{Number\ of\ years}}} \right)}} - 1\)
• Suppose you invested Rs.10,000 in a business. After completion of 3 years value becomes Rs.19,000.

Initial value = Rs.10,000

Final value = Rs.19,000

Time = 3 years

CAGR= .23 or 23%

• Asset Reconstruction Companies (ARCs) deal to tackle the problem of Non-Performing Assets (NPAs).
• ARCs are the companies that purchase bad assets or NPAs from the bank at a negotiable price.
• These ARCs then start a legal procedure to sell the asset or they may also provide a settlement offer to the borrower.
• ARCs help a bank to tackle the problem of NPA by clearing their balance sheets.

• The headquarters of the Organisation for Economic Cooperation and Development(OECD) is in Paris, France.
• OECD is an intergovernmental organisation established in 1961 to develop and improve economic and social policies around the world.
• At present, it has 36 member countries from all over the world.

• A debenture is a type of debt instrument that is not secured by physical assets.
• Collateral is defined as a property or asset that a borrower offers to the lender as security for repayment of a loan.
• Bond is a signed promise to pay a certain sum of money on a certain date or fulfillment of a specific condition. Bonds may or may not be secured by collateral.
• Indenture is a legal document published by the issuer of a security giving details about the terms and conditions about the agreement.

• A forward contract is a customized contract between two parties to buy or sell assets on a specified price on a future date.
• Suppose a farmer has 10 hectares of land planted with wheat, he is concerned about the decline in production of wheat. He, therefore, enters into a contract with a financial institution to sell the total productivity of 10 hectares of land at ₹1,00,000 after 6 months. This agreement is termed as a Forward contract.

• Indira Sagar is built across Narmada river in Khandwa district of Madhya Pradesh.
• In terms of water storage, it has the largest reservoir in India.
• The dam also has a power station with an installed capacity of 1,000 MW.