Friday, June 6, 2014

Current Affairs Questions for competetive Exams: 02 June 2014

1) Which team won the IPL 2014 T-20 cricket tournament on 1 June 2014?

(A) Chennai Super Kings

(B) Kings XI Punjab

(D) Kolkata Knight Riders

2) Sultan Azlan Muhibbuddin Shah, who passed away recently and is known for his immense contribution to Hockey is from which country?

(A) Singapore

(B) Bangladesh

(D) Indonesia

3) Who has been appointed as the National Security Adviser of India on 30th May, 2014?

(A) Ajit Kumar Doval

(B) M B Shah

(D) M.K.Narayanan

4) Which is the official facebook account of PMO India which was launched recently and got millions of likes within a few days?

(A) facebook.com/PMOIndia

(B) facebook.com/NAMO

(D) (A) facebook.com/PMO

5) Which is born as the 29th state of India on 2 June 2014?

(A) Bodoland

(B) Seemandhra

(D) Telangana

6) India’s newest state Telangana comprises of how many districts?

(A) 14

(B) 10

(D) 9

7) Who has sworn in as the first Chief Minister of Telangana on 2 June 2014?

(A) K Chandrasekhar Rao

(B) E.S.L. Narasimhan

(D) Chandra Babu Naidu

8) Who won the Orange Cap in IPL 2014 for scoring highest number of runs?

(A) Glenn Maxwell

(B) Suresh Raina

(D) Manish Pandey

9) Who has been named as the leader of the congress party in the 16th Loksabha on 2 June 2014?

(A) Rahul Gandhi

(B) Kamal Nath

(D) A K Antony

10) Who won the Purple Cap in IPL 2014 for taking highest number of wickets?

(A) Mohit Sharma of CSK

(B) Sunil Naraine of KKR

(D) R Ashwin of CSK

Answers

1) Ans. (D) Kolkata Knight Riders

2) Ans. (C) Malaysia

3) Ans. (A) Ajit Kumar Doval

4) Ans. (A) facebook.com/PMOIndia

5) Ans. (D) Telangana

6) Ans. (B) 10

7) Ans. (A) K Chandrasekhar Rao

8) Ans. (C) Robin Uthappa

9) Ans. (C) Mallikarjun Kharge

10) Ans. (A) Mohit Sharma of CSK

Source : http://www.currentaffairs4examz.com/

Marketing Questions for Practice for SBI PO Exam 2014

1) Profit is defined as:

(A)Value added less fixed assets

(B)Total revenues less direct costs

(C)Total revenues less total costs

(D)Cash receipt less cash payments

(E)None of above

Ans. (C)Total revenues less total costs

2) Political campaigns are generally examples of ———.

(A)Cause marketing

(B)Organization marketing

(C)Event marketing

(D)Person marketing

(E)None of these

Ans. (D)Person marketing

3) In order for exchange to occur ———-

(A)A complex societal system must be involved

(B)Organized marketing activities must also occur

(C)A profit-oriented organization must be involved

(D)Each party must have something of value to the other party

(E)None of these

Ans. (A)A complex societal system must be involved

4) Warehouse Management does not include -

(A)Space determination

(B)Stock layout

(C)Stock design

(D)Stock placement

(E)Order picking procedure

Ans. (E)Order picking procedure

5) Leads can be provided by -

(A)friends relatives

(B)Websites

(C)Directories

(D)All of these

(E)None of these

Ans. (D)All of these

6) When a firm sells off part of its business to another it is called-

(A)Diversification

(B)Divestment

(C)Pruning

(D)Strategy

(E)Joint venture

Ans. (B)Divestment

7) Which among the following is not an example of convenience goods?

(A)Tea

(B)Newspaper

(C)Coffee

(D)Shirts

(E)None of these

Ans. (D)Shirts

8) A person who ultimately determines any part or whole of the buying decision is called-

(A)Decider

(B)Buyer

(C)User

(D)Influencer

(E)None of these

Ans. (A)Decider

9) Credit cards are used for-

(A)Cash withdrawals

(B)Purchase of air tickets

(C)Purchase of consumable items from retail outlets

(D)all of these

(E)None of these

Ans. (D)all of these

10) Relationship selling means-

(A)Preparing a list of relatives

(B)Cross selling

(C)Selling to relatives

(D)Selling to strangers

(E)Telemarketing

Ans. (B)Cross selling

Courtesy : http://www.currentaffairs4examz.com/

Quiz Questions on marketing for SBI PO Exam 2014

1) DSA Means -

(A)District sales Authority

(B)Direct Selling Agent

(C)Distributor and Sales agent

(D)None of these

(E)All of these

Ans. (B)Direct Selling Agent

2) Marketing is – Find the wrong option -

(A) an ancient concept

(B) a modern concept

(C) a continuous affair

(D) a team effort

((E)None of these

Ans. (A)an ancient concept

3) Bank Marketing is treated as -

(A)Transaction marketing

(B)Service marketing

(C)Indoor marketing

(D)all of these

(E)None of these

Ans. (B)Service marketing

4) ..................... is used to decide Advertising Method

(A)Task & Objective Method

(B)Concurrent Test Method

(C)Market Share Approach

(D)Both a and c

(E)All the above

Ans. (D)Both a and c

5) SME means -

(A)Small and medium enterprises

(B)Small scale marketing entities

(C)Small & medium establishments

(D)None of these

Ans. (A)Small and medium enterprises

6) “Conversion” in sales language means -

(A)Converting a buyer into a seller

(B)Converting a seller into a buyer

(C)Converting a prospect into customer

(D)All of these

(E)None of these

Ans. (C)Converting a prospect into customer

7) Target market for debit card is -

(A)All existing account holder

(B)All sales persons

(C)All NRI’s

(D)All HNI’s

(E)All of these

Ans. (A)All existing account holder

8) Government economic policy based on taxation and public expenditure is known as :

(A)Monetary policy

(B)Fiscal policy

(C)Economic policy

(D)Spending policy

(E)None of these

Ans. (B)Fiscal policy

9) Which of the following is an example of an indirect tax?

(A)Income tax

(B)Wealth tax

(C)Inheritance tax

(D)Corporation tax

(E)Value added tax

Ans. (E)Value added tax

10) Which of the following is the best definition of a market?

(A)A shopping center

(B)An arrangement of buyers and sellers

(C)An industry with many competitors

(D)An industry that is not a monopoly

(E)None of above

Ans. (A)A shopping center

Thursday, June 5, 2014

Facebook opens to under-13s

Under-13s will now be able to join Facebook, but with their parents’ nod.

Facebook has filed a related patent in the U.S. If an underage user tries to access the site, Facebook will ask for “parental authorisation” via an existing account.

The child will have to tell Facebook who his or her parents are and the site will run a check on a parent’s account to confirm the relationship and age of the user, Facebook says in the patent.

Once an underage user’s account has been linked to the parent’s, the adults would be able to monitor their online behaviour and control privacy and applications.

— IANS

courtasy: The hindu

Extension of last date of submission of Memoranda to 7th CPC

The Seventh Central Pay Commission has invited all associations, unions, institutions, other organizations and interested individuals to send memoranda containing their views on the Terms of Reference of the Commission. These memoranda were to be submitted by end of May, 2014, as indicated in the letter dated 29.4.2014/Public Notice that appeared on 4.5.2014.

The Commission has received requests from several quarters that the last date for submission of the memoranda be extended. The matter has been duly considered and it has now been decided by the Commission to extend the last date of submission of memoranda from 31st May, 2014 to 31st July, 2014.

Source:-http://7cpc.india.gov.in/

Wednesday, June 4, 2014

GRANT OF DA MERGER & INTERIM RELIEF - JCM SUBMITTED MEMORANDUM TO 7TH CPC REQUESTING SUBMISSION OF INTERIM REPORT / RECOMMENDATIONS TO GOVERNMENT

Letter to Chairman, 7th CPC

Letter to Finance Minister

Memorandum

Status of Central Government Employees in Andhra Pradesh

Status of Central Government Employees in Andhra Pradesh

F.No.27/13/2013-SR(S)

Government of India

Ministry of Personnel Public Grievances and Pensions

Department of Personnel and Training

3rd Floor, Loknayak Bhawan,

Khan Market, New Delhi

Dated: 31.05.2014.

ORDER NO.6

In exercise of the powers conferred by section 79 of the Andhra Pradesh Reorganisation Act. 2014 (6 of 2014), the Central Government hereby directs that every person, who immediately before the 2 day of June 2014 is holding or discharging the duties of any post or office in connection with the affairs of the existing State of Andhra Pradesh in any area which on that day falls within one of the successor States shall continue to hold the same post or office in that successor State, and shall be deemed, on and from that day, to have been duly appointed to the post or office by the Government of, or other appropriate authority in that successor State.

Provided that the above orders shall not apply in respect of persons belonging to the ‘State cadre’referred to in sub-section (1) of Section 76 of the Andhra Pradesh Reorganisation Act. 2014

Sd/-

(K.Kipgen)

Director (SR)

Government of India

To
Dr. P. K. Mohantv,
Chief Secretary, Government of Andhra Pradesh
C Block , 3 Floor, Room No. 305. AP Secretariat,
Hyderabad, Andhra Pradesh – 500 022.

Source : www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02adm/orders-6.pdf]

Kavery Banerjee is new Secretary at Department of Posts

The government today approved Kavery Banerjee as Secretary of Department of Posts following retirement of P Gopinath on May 31.

"The Appointments Committee of the Cabinet has approved the appointment of Ms Kavery Banerjee, IPoS (Indian Postal Services) 78, as Secretary, Department of Posts, Chairperson, Postal Services Board and Director General, Postal Services," an official statement said.

Banerjee was serving as Member (Technology) in Postal Services Board before being elevated to the new post.

Her predecessor Gopinath, too, was elevated to the position of Secretary from Member (Technology) of PSB.

Gopinath during her tenure played key role on project of Post Banks concepts floated by former telecom minister Kapil Sibal.

Though DoP failed to get banking licence, it will have the opportunity to apply again when Reserve Bank of India again opens up application for new licences.

The future of Post Banks now depends largely on view of new government if it would like Department of Posts to enter in to full time banking operations.

India Post has already set up ATMs at few locations and about 2,800 more ATMs are expected to be in place by March 2015 as part of its core banking system project.

The challenges before Banerjee includes completion of CBS project and modernising about 1.3 lakh out of 1.55 lakh post offices across country and look at revenue streams to curb loss at India Posts which was last reported around Rs 6,300 crores.

Around 25,000 department of Post offices have been computerised under UPA regime.

Source : http://www.business-standard.com/

Expectations from 7th Central Pay Commission

Expectations (in form of questions) from 7th Central Pay Commission as per 90paisa blog article:-

1. Will the salary revision be increased by 3 times?
2. Will the Grade Pay Structure continue?
3. What will the increment percentage hike be?
4. How much will the Children Education Allowance be increased by?
5. Calculation of minimum pension amount?
6. Will there be a change in the increment date?
7. Will MACP be given as per promotional hierarchy?
8. Will the 10 years mandatory period for MACP be reduced?
9. Will there be changes in the DA calculation method?
10. What will the HRA percentage be?
11. Will bonus ceiling be increased?

The Central Government constituted 7th Pay Commission on February 28, 2014, to examine various issues relating to emoluments’ structure, retirement benefits and other service conditions of Central Government employees and to make recommendations on the changes required.

Within days, the 4-member Commission began its work and prepared a 42-points questionnaire covering 15 different topics. The Commission is now waiting for replies from different perspectives. That’s why the list of people who want to give their opinions – general public, individuals, associations, organizations, unions and federations – keeps growing. Unlike before, instead of confining to Postal, Courier, Telegram, email and fax services, this time the Commission is also offering online option so that people can share their opinions from any part of the world. The online survey mode is going to be especially useful for pensioners, women, differently abled persons and senior citizens. In addition to these, the 7th Pay Commission is also expecting memorandums and replies from various unions and associations.

If we assume that the 7th Pay Commission started working in the month of March, then its 18-month tenure ends on August 2015. The Terms of Reports states that the Commission has to submit its complete report within 18 months, and that, or when necessary, present an interim report to the Government.

With three months having already ended, the 7th Pay Commission has stepped up its pace. If the 7th Pay Commission Recommendation Report gets presented in August 2015, then within four months, or as early as 01.01.2016, the Government could implement the suggestions.

These are believed to be some of the most eagerly awaited aspects of the 7th Pay Commission:

1. Will the salary revision be increased by 3 times?
2. Will the Grade Pay Structure continue?
3. What will the increment percentage hike be?
4. How much will the Children Education Allowance be increased by?
5. Calculation of minimum pension amount?
6. Will there be a change in the increment date?
7. Will MACP be given as per promotional hierarchy?
8. Will the 10 years mandatory period for MACP be reduced?
9. Will there be changes in the DA calculation method?
10. What will the HRA percentage be?
11. Will bonus ceiling be increased?

In addition to these, there are a number of other expectations too in the minds of Central Government employees.

Will the 7th Pay Commission fulfil all these desires? We will have to wait and watch.

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NEWS NOT TO MISS...

Source : http://90paisa.blogspot.in/

Reintroduction of 6 day week in all central government offices and organizations ?

The new Union Government is thinking of put an end to the 5 day week and reintroduction of 6 day week in all central government offices and organizations.This issue will be taken up soon for discussion in the union cabinet meeting. The 5 day week has been introduced long back in the year 1985 during the regime of late prime minister Sri Rajiv Gandhi.

Coutesy : Eenadu news paper dated 02.06.2014