[11:01, 8/9/2015] Rakesh~������: Absolute advantage - The ability to produce something with fewer resources than other producers would use to produce the same thing
Alternatives - Options among which to make choices.
Balance of trade - The part of a nation's balance of payments that deals with merchandise (or visible) imports or exports.
Bank, commercial - A financial institution accepts checking deposits, holds savings, sells traveler's checks and performs other financial services.
Barter - The direct trading of goods and services without the use of money.
Benefit - The gain received from voluntary exchange.
Bond - A certificate reflecting a firm's promise to pay the holder a periodic interest payment until the date of maturity and a fixed sum of money on the designated maturity date.
Business (firm) - Private profit-seeking organizations that use resources to produce goods and services.
Capital - All buildings, equipment and human skills used to produce goods and services.
Capital resources - Goods made by people and used to produce other goods and services. Examples include buildings, equipment, and machinery.
Change in demand - see Demand decrease and Demand increase.
Change in supply - see Supply decrease and Supply increase.
Choice - What someone must make when faced with two or more alternative uses of a resource (also called economic choice).
Circular flow of goods and services (or Circular flow of economic activity) - A model of an economy showing the interactions between households and business firms as they exchange goods and services and resources in markets.
Collateral - Anything of value that is acceptable to a lender to guarantee repayment of a loan.
Command economy - A mode of economic organization in which the key economic functions--what, how, and for whom--are principally determined by government directive. Sometimes called a "centrally planned economy."
Comparative advantage - The principle of comparative advantage states that a country will specialize in the production of goods in which it has a lower opportunity cost than other countries.
Competition - The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms.
Complements - Products that are used with one another such as hamburger and hamburger buns
Consumers - People whose wants are satisfied by consuming a good or a service.
Consumption - In macroeconomics, the total spending, by individuals or a nation, on consumer goods during a given period. Strictly speaking, consumption should apply only to those goods totally used, enjoyed, or "eaten up" within that period. In practice, consumption expenditures include all consumer goods bought, many of which last well beyond the period in question --e.g., furniture, clothing, and automobiles.
Consumer spending - The purchase of consumer goods and services.
Corporation - A legal entity owned by stockholders whose liability is limited to the value of their stock.
Costs - See Opportunity Cost
Costs of production - All resources used in producing goods and services, for which owners receive payments.
Craftsperson - A worker who completes all steps in the production of a good or service.
Credit - (1) In monetary theory, the use of someone else's funds in exchange for a promise to pay (usually with interest) at a later date. The major examples are short-term loans from a bank, credit extended by suppliers, and commercial paper. (2) In balance-of-payments accounting, an item such as exports that earns a country foreign currency.
Criteria - Standards or measures of value that people use to evaluate what is most important.
[11:01, 8/9/2015] Rakesh~������: Types of Banking
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1. Para Banking
When Bank provide banking services except the general banking facility.
2. Narrow Banking
When banks invest its money in government securities instead investing in market to avoid risk.
3. Overseas Banking
Banks having branches in other countries besides its origin country. Example Bank of Baroda has maximum foreign branches by any indian bank
4. Offshore Banking
Bank which accept currency of all countries. Offshore banks are in those countries which declares them as Heaven Bank Country. Example- Swiss Banks
5. Green Banking
Promoting environmental-friendly practices and reducing your carbon footprint from your banking activities.
6. Islamic Bank
Those Banks which work according to Islamic Laws. Concept originate in Egypt. Islamic bank opens at Cochin in Kerala in 2010.
7. Kiosk Banking
When we Deposit or withdraw money from booths , it is called Kiosk banking.
8.Defense Banking
Full banking services made available to all members of the Defense force, including non-uniformed personnel and other civilians.
9.Retail Banking
Retail banking refers to the division of a bank that deals directly with retail customers. Also known as consumer banking or personal banking, retail banking is the visible face of banking to the general public.
10 Banking on Wheel
To provide banking services in remote villages which are devoid of banking facilities as part its financial inclusion plan.
11. Wholesale Banking
Wholesale banking is the provision of services by banks to organisations such as Mortgage Brokers, large corporate clients, mid-sized companies, real estate developers and investors, international trade finance businesses, institutional customers (such as pension funds and government entities/agencies), and services offered to other banks or other financial institutions
[12:40, 8/9/2015] Rakesh~������: ��current Affairs 4th-5th n 6th August 2015 - Important Points
Who has won the Bronze medal at 6th Senior ART Gymnastics Asian Championships - Dipa Karmakar
Who is selected for Bharat Bharti literary award 2014 - Hindi litterateur Kashinath Singh
Name the scheme launchedd by Rural Development Minister for Gram Panchayats - SAMANVAY
Which government has extended the retirement age of medical officers - Maharashtra government
Who is the winner of 2015 Ramanujan Prize - Mathematician Dr. Amalendu Krishna
Direct Release of Wages into bank accounts of MNREGA workers approved by - Union Cabinet
Name the telescope made operational at Udaipur Solar Observatory - Multi Application Solar Telescope (MAST)
In how many towns did Bharti Airtel launched its 4G services - 296 towns across India
[12:40, 8/9/2015] Rakesh~������: @ppointments
��David Granger — President of Guyana
��Nirbhay Sharma — Mizoram Governor
��Tathagata Roy — Tripura Governor
��V. Shanmuganathan — Meghalaya Governor
��Draupadi Murmu — Jharkhand Governor
��J.P. Rajkhowa — Arunachal Pradesh Governor
��Achal Kumar Jyoti - Election Commissioner
��G. Mohan Kumar — Defence Secretary
��Surender Singh — Director General of CISF
��Loretta Lynch — USA Attorney General
��P. Kunhikrishnan — Director, Satish Dhawan Space
Centre
��Pawan Munjal — Chairman, CEO and MD of Hero Moto-Corp
��Sharad Pawar — President of Mumbai Cricket Association
��Pradeep Kumar Sinha — Cabinet Secretary
��Vijai Sharma — Chief Information Commissioner
��R.C. Tayal — Director General of National Security
Guards
��R.Seshasayee — Non executive Chairman of Infosys
��������������������
[12:40, 8/9/2015] Rakesh~������: National Symbols of India
________________________________
@National Emblem: Lion Capital of Ashoka at Sarnath (Adaptation)
@National Anthem: Jana Gana Mana
@National Song: Vande Mataram
@Oath of Allegiance: National Pledge of India
@National Calendar: Saka Calendar
@National River: River Ganga
@National Animal: Royal Bengal Tiger
@National Bird: Indian Peacock
@National Heritage Animal: Elephant
@National Aquatic Animal: River Dolphin
@National Flower: Indian Lotus
@National Tree: Indian Banyan Tree
@National Fruit: Mango
@Indian Currency: Rupee
@Indian Standard Time (IST): GMT+5.30
___________________________
[12:40, 8/9/2015] Rakesh~������: International Youth Day????????
12 aug
12 jan .....national.youth day....
Rs.1 note is not issued by RBI. Why???
Coz printing cost is more than one rupee...
Cbdt chairman ?
Anita Kapoor
HQ of uco bank ?
Kolkata
Yes bank HQ ?
Mumbai
PM Narendra Modi has announced______ as the first NationalHandloom Day.a) 5th Augustb) 8th Augustc) 6th Augustd) 7 th August
Ans : 7th August
Vice president of India?
Hamid ansari
Capital of Canada?
Ottawa
Do or die slogan given by??
Mahatma ghandi
Mukul mudgal committee related with....?
Ipl fixing
What do we call the money charged for the insurance coverage?[A]Policy Lapse[B]Morbidity Risk[C] Premium[D]Package Policy
Ans : c ( Premium )
us brand ambassador of sri lanka and maldives??
Atul kashap
Cm of up ?
Akhilesh yadav
suzl canal expension launched by.................?
Egypt
Which state has recently imposed ban on sale of thermocol plates? [A]Odisha [B]West Bengal [C]Jharkhand [D]Assam
Ans : C ( Jharkhand )
- Who has been appointed as the new director general of the energy and resources institute??1- R.K.Pachauri2-George Baker3-Ajay Mathur4-Alok Ranjan
Ans : 3 ( Ajay Mathur )
Uttar Pradesh Government hasdecided to rename which of thefollowing as Dr. APJ Abdul KalamTechnical University?a) IIT Kanpurb) UPTUc) Meerut Universityd) Banaras University
Ans : B ( UPTU )
3. Which state has the highest percentage of Muslims in India?a) Assamb) Jammu & Kashmirc) Keralad) Lakshadweep
Ans : B ( Jammu and Kashmir )
On which date, Life Insurance Corporation of India (LIC) was established?[A]January 19,1956[B]September 1,1956[C]August 19,1956[D]December 1,1956
Ans : B ( September 1, 1956)
Which of the following has becomethe second lender to enter thebanking sector after getting licensefrom RBI?1) IDBI2) IFCI3) ICFI4) IDFC5) None of the
Ans : 4 ( Infrastructure development finance corporation )
– The Headquarters of International Labour Organization is located at ?
Geneva
– City nearest to the equator isA.ColomboB.JakartaC.ManilaD.Singapore
Ans : D ( Singapore )
Saina Nehwal is India‘s No.1 player in which sport?A.BadmintonB.SquashC.GolfD.Swimming
Ans : A ( Badminton )
– Who is the founder of Microsoft Corporation?A.Rose PerotB.Narayana MurthyC.Bill GatesD.Azim Premji
Ans : c ( Bill gates )
– Who defined democracy as a “Government of the People, by the people and for the people”?A.Mahatma GandhiB.RuskinC.AristotleD.Abraham Lincoln
Ans : D ( Abraham Lincoln )
Who wrote the book, “The Discovery of India”?A.Mahatma GandhiB.Jawaharlal NehruC.Dr. Rajendra PrasadD.Vivekananda
Ans : B ( Jawahar Lal Nehru)
– Which is the capital of Jharkhand?
Ans : Ranchi
– Currency of Russia is ?
Ruble
National flower of India ?
Lotus
The era of talkie films in India began in 1931 when the first talkie film…………… was produced by Ardeshir Irani.A.Alam AraB.PundalikC.Raja HarishchandraD.Sati Savithri
Ans : A ( Alam Ara )
Name the India’s highest award which is given to a civilian ?
Ans : Bharat ratan
The “PAN” in PAN card issued by the Income Tax Department, stands forA.Permanent Account NumberB.Permanent Audit NumberC.Permitted Account NumberD.None of these
Ans : A ( Permanent Account Number )
PAN card consists of how many digit ?
10
Adhaar card consist of how many digit ?
Ans : 12
Rd stands for ?
Recurring deposit
The tip of the match-sticks containsA.Phosphorus pentaoxideB.White phosphorusC.Red phosphorusD.Phosphorus trichloride
Ans : B ( White phosphorus)
[12:40, 8/9/2015] Rakesh~������: TRICK oF MAHARATAN COMPANIES IN INDIA<><>ONGC SBI,O= Oil & Natural Gas Corporation LimitedN = NTPC LimitedG = GAIL (India) LimitedC = Coal India LimitedS = Steel Authority of India LimitedB = Bharat Heavy Electricals LimitedI = Indian oIL corporation limited
[12:40, 8/9/2015] Rakesh~������: TRICK oF MAHARATAN COMPANIES IN INDIA<><>
ONGC SBI,
O= Oil & Natural Gas Corporation Limited
N = NTPC Limited
G = GAIL (India) Limited
C = Coal India Limited
S = Steel Authority of India Limited
B = Bharat Heavy Electricals Limited
I = Indian oIL corporation limited
[12:45, 8/9/2015] Rakesh~������: List of International Organizations and their Headquarters
Hi Friends, I am Sarath Chandra.. Here I am sharing MS Office One-liner questions. Happy Reading :)
Amnesty International - London
Asia Pacific Economic Cooperation (APEC) - Singapore
Association of South East Asian Nations (ASEAN) - Jakarta
Commonwealth of Nations - London
Fédération Internationale de Football Association (FIFA) - Zurich, Switzerland
Fédération internationale des échecs (FIDE) or World Chess Federation - Athens, Greece
Food and Agricultural Organisation (FAO) - Rome
Indian Ocean Rim Association for Regional Cooperation - Ebene, Mauritius
International Association of Athletics Federations (IAAF) - Monaco
International Atomic Energy Agency - Vienna
International Committee of the Red Cross - Geneva
International Council on Monuments and Sites (ICOMOS) - Paris, France
International Court Of Justice - The Hague
International Cricket Council (ICC) - Dubai, UAE
International Hockey Federation (FIH) - Lausanne, Switzerland
International Hydrographic Organization - Monaco
International Labour Organisation - Geneva
International Maritime Organisation - London
International Monetary Fund (IMF) - Washington DC
International Olympic Committee - Lausanne, Switzerland
International Organization for Standardization - Geneva
International Renewable Energy Agency - Abu Dhabi (UAE)
International Shooting Sports Federation - Munich, Germany
International Union for Conservation of Nature (IUCN) - Gland, Switzerland
International Union of Pure and Applied Chemistry - Zurich, Switzerland
Internet Corporation for Assigned Names and Numbers (ICANN) - Los Angeles, USA
Médecins Sans Frontières (MSF) or Doctors without Borders - Geneva, Switzerland
North Atlantic Treaty Organisation (NATO) - Brussels
Organisation for Economic Cooperation and Development (OECD) - Paris
Organisation for the Prohibition of Chemical Weapons - The Hague, The Netherlands
Organisation of Islamic Cooperation - Jeddah
Organisation of Petroleum Exporting Countries (OPEC) - Vienna
South Asian Association for Regional Cooperation - Kathmandu
Transparency International - Berlin
UN Women - New York
United Nations Childrens' Fund (UNICEF) - New York
United Nations Conference on Trade and Development (UNCTAD) - Geneva
United Nations Educational Scientific and Cultural Organisation (UNESCO) - Paris
United Nations Industrial Development Organization (UNIDO) - Vienna
United Nations Organisation - New York
United Nations Population Fund (UNFPA) - New York
Universal Postal Union - Berne
World Bank - Washington DC
World Economic Forum - Geneva, Switzerland
World Health Organisation - Geneva
World Intellectual Property Organization - Geneva
World Meteorological Organisation - Geneva
World Trade Organisation - Geneva
Worldwide Fund for Nature - Gland, Switzerland
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