Banking Term - Demat Account

DEMAT ACCOUNT
                DEMAT means DE-Materialized. Demat Account concept has revolutionized Capital Market of India.  we can able to buy or sell shares and debenture in electronic form through the Demat Account. if we want to invest money in capital market he need a Demat Account. Investor can easily withdraw or purchase shares through this account.

Insurance Awareness - Insurance Repository

Insurance Repository
              Insurance Repository means a company formed and registered under Company Act 1956 and is granted a certificate registration by Insurance Regulatory and Development Authority of India (IRDAI) for maintaining data of insurance policies as electronic form on behalf of Insurer.
              To implement Insurance Repository System IRDA granted permission to 5 entities to act as Insurance Repositories.

• NSDL Database Management System
• Central Insurance Repository Ltd
• SHCIL Projects Ltd
• CAMS Repository Service
• Karvy Insurance Repository Ltd

              

Capital And Currency - Bhutan

BHUTAN

Capital : Thimphu

Currency : Ngultrum, Indian Rupee

King : Jigme Khesar Namgyel Wangchuck

Prime Minster : Tshering Tobgay

Language : Dzongkha

Central Bank : Royal Monetary Authority of Bhutan

Banking Awareness - Balanced Budget

Balanced Budget
          It is a situation in which planned expenditure equals expected income. In public finance it refers to a situation where current Income from taxation and other receipts of central government are sufficient to meet payments for goods and service, transfer payment and debt interest.

Country and Capital - Nepal

Nepal

Capital : Kathmandu

Currency : Nepalese Rupee

President : Ram Baran Yadav

Prime Minister : Sushil Koirala

Language : Nepali

Central Bank : Nepal Rastra Bank

Daily GK

1) West Bengal CM Mamata Banarjee  on a meet to Bangladesh visit Bangladesh PP Sheikh Hasina.
She sais the breakthrough in Teesta water Sharing Deal and Land Boundry Agreement will come into existance soon a the deal was cancelled since 4 years ago.

2) PV Sindu, Badminton Star pulled out of All England Championship due to Fracture on her left foot.

3) Tamil Nadu Priest Father Alex Prem Kumar reached IGI Airport, New Delhi safely after Eight Months in Taliban Custody.

4) Former Maldives President Mohammad Nasheed arrested in Mali as he was alleged in treason and terrorism  by the Government.

5) Sahitya Akademi winner Joe D Cruz's Tamil novel Aazhi Soozh Ulagu likely to be published in English

6) Rajasthan High court directed State government not to give recognition for Schools without Toilets, drinking water and other basic facilities.

7) Fukushima Nuclear Plant have detected with a fresh leak of highly radioactive water to the sea.

8) Isreal to buy 14 F-35 Jets from US for $3billion.

9) India's middle order back on track and out edged South Africa With 130 Runs Win

• Man of the match : Shikhar Dhawan.

10) Mahatma Gandhi's Statue to be unveiled in London Parliamentary Square on March 14.

Capital and Currency - Kyrgyzstan

KYRGYZSTAN

Capital : Bishkek

Currency : Kyrgyzstani Som

President : Almazbek Atambayev

Prime Minister : Djoomart Otorbaev

Language : Kyrgyz, Russian

Central Bank : National Bank of Kyrgyz Republic

Banking Term - Depression

Depression
        It is the opposite of Appreciation. It refers to the business cycle in which these is consistent decline of production, national income and employment level.

Insurance Awareness - IRDA

IRDA (Insurance Regularity and Development Authority of India)
                    IRDA is a Autonomous apex stationary body regulates and develop Insurance Industry in India. it was  constituted by Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 and act passed by Government of India.

Head Quarters : Hyderabad

Chairmen : TS Vijayan

Currency and Capital - Uzbekistan

UZBEKISTAN

Capital : Tashkent

Currency : Uzbekitani Som

President : Islam Karimov

Prime Minister : Shavkat Mirziyoyev

Language : Uzbek

Central Bank : The Central Bank of Republic of Uzbekistan

Daily GK

1) Prasad Bharathi got permission from SC to telecast India playing World Cup matches from  Australia and New Zealand and share live telecast with the Private cable operators.

2) Prime Minister's Narandra Modi monogrammed suit fetches Rs 4.31 crore at three day auction . Diamond merchant Lalji Patel and Hitesh Patel were the new owners of the suit.

3) Reliance Industries Limited (RIL) stock down by 3.12% with a loss of Rs.873.25 crore

4) China opposes Modi's Visit to Arunachal Pradesh

5) Massive Cyclone Marcia hits Queensland, Australia

6) Forex Reserve raise to $333.17 said RBI

7) New Zealand Stuns England with 12.2 over Win

• Brendom McCullem hits 50 in Just 18 balls fastest in world cup matches.
• Tim Southee Stroms into top order with 7/33 to get the Man of the Match.

Banking Term - Appreciation

Appreciation
        It is an increase in the value of an Asset. it occurs through raising prices as a result of Inflation, increased scarcity or increases in earning power.

Eg : Increase in rupee value, increase in price of Stock etc

Insurance Awareness

Insurance
           Insurance refers to Guaranteeing  protection of an object or a person or a guarantee against loss or damage. People getting this insurance or protection by paying premium or installment monthly or yearly to the company which undertake to pay the event of loss or damage or death.

Types of Insurance
          There are various types of insurance in the market such as Life Insurance, Home Insurance, Vehicle Insurance etc.

Capital and Currency - China

CHINA

Capital : Beijing

Currency : Yuan, Renminbi

President : Xi Jimping

Prime Minister : Li Keqiang

Language : Standard Mandarin

Central Bank : People's Bank of China

Daily GK

1) Modi Suit Cost 1.12 crore in bidding and Surat Textile Business Man Rajesh Juneja highest bidder

2) Australia India Institute opens its Delhi Center

• On account of Bi-Lateral Relationship with India and Australia, Victorian Governer Alex Chernov inagurated Delhi Center of Australia India Institute and he presented a Momento to Robert Johnson, Chairman, Australia India Institute.

3) Prime Minister Narandra Modi attended Inaguration of "Aero India 2015 Event" at Yehalanka Air Base in Bengaluru.

 4) Banks are allowed to Import Gold on Consignment Basis 

5) Bihar CM Jithen Ram Manjil Resisned ahead of Trust Vote. Nitish Kumar will be the next CM of Bihar

6) PM Modi to Visit Sri Lanka next Month

7) Congress have to vacate three Bungalows by June 2013. but still they failed and received Evacuation Notice.

• 24, Akbar Road
• 26,Akbar Road 
• C2/109 Chanakya Puri

8)Dadasaheb Phalke Award Winner and Producer Daggubati Ramanaidu Died in Hyderabad at 78.

Capital and Currency - Denmark

DENMARK

Capital : Copenhagen

Currency : Danish Krone

President : Mogens Lykketoft (Incumbent)

Prime Minister : Helle Thoming-Schmidt

Language : Danish

Central Bank : Denmarks National Bank

National Games Kerala

35th National Games Kerala 2015

Host State : Kerala

Next Hosting State : Goa

Official Mascot : Ammu ( The Great Horn Bird, State Bird of Kerala )

Brand Ambassador :  Sachin Tendulkar

Official Song : Run Kerala Run

Motto : Get Set Play

Opening Ceremony : Greenfield Stadium, Karyavattam, Tiruvanandapuram

Best Performing State : Kerala Team

Raja Bhalendra Singh Trophy : Services Team

Best Performing Men : Sajin Prakash (Kerala), Swimmer

Best Performing Women : Aakanksha Vora (Maharastra), Swimmer

Top 3 Medal Tally

State	Gold	Silver	Bronze	Total
SSC	91	33	31	159
Kerala	54	48	60	162
Haryana	40	40	27	107

Daily GK

1) Lankan President's India Visit

• Signed Nuclear Deal - Join hands in transfer of expertise, Training of personal in Nuclear Safety
• Cultural Co-Operation - To Enhance Ties in Performing arts, cultural Co-operation.
• MOU in establishing Nalanda University 
• Work plan under MOU in Co-Operation in Agriculture

2) IPL Authentication : Yuvraj and Karthick leads as the most valuable players

• Yuvraj Singh - 16 Million Doller by Delhi
• Dinesh Karthick - 10.5 Million Doller By RCB
• Zaheer Khan - 4 Million Doller by Delhi
• Amala, Sangakkara, Ross Taylor remain unsold

3) German Aerospace and Logistic Provider Thyssen Krupp to Set up Aerospace  Facility in SEZ Devanahalli in Bengaluru across 3300 sq.m

4) Telanghana CM K.Chandrasekara Rao and Maharastra CM Devendra Fatnavis to agree Inter-State Irrigation Projects.

5) Finance Ministry Re-Launches Website for Filling and processing Application of FDI  Proposal requesting Approval.

Capital and Currency - Tajikistan

TAJIKISTAN

Capital : Dushanbe

Currency : Tajikistani Somoni

President : Emomalii Rahmon

Prime Minister : Kokhir Rasulzoda

Language : Tajiki, Persian, Russian

Daily GK

1) IMF to reach a deal of grading a loan worth $17.5 billion over a term of 4 years

2) Bank employees to go on Strike from Feb 25 to 28.

3) Union Home Secretary - L.C.Goyal

4) Ministry of Environment and Forest partially accepted some recommendations of High Level Committee (HLC) led by former Cabinet Secretary T.S.R.Subramanian.

5) India's Rank in Press Freedom Index was now 136 out of 180 countries.

6) India to be power Surplus from 2019 said Piyush Goyal, Union Minister for Power.

7) AAP Leader Arvind Kejriwal takes oath as Delhi CM for the second time with record win of 67 out of 70.

8) T.Venkattram Reddy, Chairmen of Deccan Chronicle Holdings Ltd (DCHL), Hyderabad based Media house and Vice-Chairmen T.Vinayak Ravi Reddy in a Bank Fraud Case by the CBI Special team of the Bank Securities and Fraud Cell.

9) The Reliance Cement Ltd of Anil Ambani wins First Coal Block for Rs 1402 tonnes.

10) India win over Pakistan 6-0 in World Cup Matches.

Highlights:

• Virat Kholi registered first Hundred in world cup match against Pakistan and become the highest individual Scorer against Pakistan Diminishing Sachin's 98.
• Sohail Khan registered 5 wickets as First ever Pakistan Bowler in World Cup Debut.
• Mohamad Shami registered best bowling figure of 4/35.
• Man of the Match Virat Kholi
• Toss Winner India

11) Yogaraj Sets World Guinness Record by performing 40 hours Non-Stop Yoga demonstrating 1500 Asanas

12) Former Minister and senior NCP Leader R.R.Patil Dead

13) Election Results

• Sri Rangam, TN - S.Valarmathi, AIADMK
• Panaji, GOA - Siddarth Kuncolieker, BJP
• Tirupati, Andra - M.Venkatramana, TDS
• Liromoba, Arunachal - Nyamar Karbak, Congress

14) Japan out of Recession