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Saturday, 17 September 2011

Allahabad Bank Probationary Officers Exam., 2011



                              General Awareness
                                                (Exam Held on 17-4-2011)

1. Which of the following is/are the objective(s) of Free Trade Agreement, India has done with many countries ?
1. To provide support to entrepreneurs for setting up new projects in tiny/SSI sector.
2. For undertaking expansion of business.
3. To support technology up-gradation.
(A) Only 1 and 2
(B) Only 2 and 3
(C) All 1, 2 and 3
(D) Only 1 and 3
(E) None of these
Ans : (C)

2. Which of the following organisations issue the rules of global trade ?
(A) World Bank
(B) World Trade Organisation
(C) Foreign Exchange Dealers' Association
(D) Directorate General and Foreign Trade
(E) None of these
Ans : (B)

3. One single statement that depicts the financial position of a bank and/or business enterprise at a given point of time is called—
(A) Statement of product details
(B) Reconciliation [...]


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Posted by Unknown at 22:23 0 comments

India Markets Weekahead: Outlook cautious, look overseas for cues

India Markets Weekahead: Outlook cautious, look overseas for cues

(The views expressed in this column are the author's own and do not represent those of Reuters)
The markets were in no man's land despite the high volatility in an important monetary policy announcement week. The Reserve Bank of India's (RBI) policy action was in line with market expectation of a 25 bps rate hike, though a section of market participants felt there could be pause. The RBI maintained that it will continue its anti-inflationary stance till the time there are signs of downward movement in the inflation trajectory. Going by the hawkish stance, we believe that we might see a rate hike in October before we come to a pause. Inflation should start heading southwards from Q3FY12 mainly due to base effect. Another key event during the week was the depreciation of the rupee which dipped to a two-year low close to 48 rupees against the dollar as India relaxed its overseas borrowings rules and allowed companies to refinance rupee debt through overseas borrowing. The rupee will continue to be weak, however further losses from current levels doesn't seem likely unless credit conditions deteriorate severely, which is not expected. The Indian government once again deferred the mega USD 2.5 billion FPO of ONGC, which was supposed to open on September 20. The government expectation on the issue price was not in sync with the market. The mention of an FPO is a value destruction proposition in the short-term for the issuer company unless SEBI overhauls the issue guidelines. With limited cues locally, the market participants are expected to look overseas for direction. The markets on Monday are initially expected to react to the outcome of the [...]


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Posted by Unknown at 21:36 0 comments

Honda eyeing first Russian car plant ,Nikkei

Honda's logo is seen through a car's windows at its showroom in Tokyo October 27, 2009. REUTERS/Kim Kyung-Hoon/Files
Honda's logo is seen through a car's windows at its showroom in Tokyo October 27, 2009. Credit: Reuters/Kim Kyung-Hoon/Files
Honda Motor plans to set up its first assembly plant in Russia, the Nikkei business daily reported on Sunday, as Japan's No.3 automaker looks to lift its competitiveness in the fast-growing auto market. The company is looking to invest several billion yen (tens of millions of dollars) to produce 30,000 to 50,000 cars annually, the Nikkei said, adding Honda has submitted the plans to the Russian government and had started talks with officials. Honda is consulting officials on the location of the assembly plant, which will use components imported from its global facilities, and the Russian Far East is seen as one candidate, the Nikkei said. A Honda spokesman declined to comment on the report. General Motors, Renault, and a host of other top players have already announced plans to ramp up production in Russia in exchange for lower import tariffs for parts. Honda, which sold about 18,000 cars in Russia last year, has been selling its cars with tariffs of about 50 percent, making them more expensive than automobiles produced by rivals locally. Russia's vehicles market is expected to double sales to about 4 million units a year by mid-decade. ($1 = 76.875 Japanese yen) (Reporting by James Topham)


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Posted by Unknown at 21:33 0 comments

Libyan forces battle to loosen grip on Gaddafi towns

(Reuters) - Libyan interim government forces charged a desert stronghold controlled by fighters loyal to Muammar Gaddafi and battled on the streets of the ousted leader's hometown as they struggled to quash his last pockets of support. Nearly a month since they drove Gaddafi's forces out of the capital Tripoli, transitional government fighters have become mired in sieges of his loyalists' remaining redoubts, raising doubt over whether they can quickly unite the vast country. Forces backed by Libya's National Transitional Council (NTC) made little headway against stiff resistance in Gaddafi's birthplace Sirte on Saturday, but were able to celebrate the capture of the town of Herawa 60 km (40 miles) to the east. The fighters also stormed back into the desert town of Bani Walid, a day after diehard loyalists beat them into a retreat. An NTC spokesman said anti-Gaddafi forces also captured the small town of Birak as they advanced on the major loyalist stronghold of Sabha, deep in the remote southern desert. Gaddafi's spokesman said the ousted leader was still in Libya and leading resistance. Moussa Ibrahim also accused NATO of killing 354 people in a bombing of Sirte, an accusation Reuters could not independently verify. NATO said such reports in the past had been false. A column of NTC pickup trucks mounted with anti-aircraft machine guns and fresh ammunition rushed into Bani Walid as dusk fell across Libya's interior desert. "Gaddafi forces attacked the checkpoint so our troops went in. There is a lot of fighting inside the city right now," senior regional NTC official Abdullah Kenshil said. Ibrahim, the deposed leader's spokesman, contacted Reuters by satellite telephone to say Gaddafi was still in Libya, leading the "resistance" against his foes. "We will be able to continue this fight and we have enough arms for months and months to come," he said. He said NATO air strikes on Sirte had hit a residential building and a hotel, killin [...]


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Posted by Unknown at 21:25 0 comments

Three Cheers!

At last after an year of buying my sewing machine, I bought the table and chair for it. I have not fully acquainted myself with this new machine.

I learnt sewing on my Mom's 45 year old Usha hand machine. My Mom is very good with it. She used to sew all her sari blouses and still does. All our clothes right from our child hood  to our teens were stitched by her.

Previous to that, she used to sew by hand and my late aunt, used to always praise my Mom's sewing. She used to say that my Mom's stitching was so perfect that it looked as if stitched by a sewing machine. My Mom also embroiders very beautifully.

My passion in Needle Work is genetical :) :) and  I got it from my Maternal Grand Mother and My Mom. All my maternal aunts are very proficient in sewing, embroidery and other crafts. 

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Posted by Unknown at 19:25 0 comments

Karbonn K1515 Price in India, Dual SIM touch Screen Mobile phone review, feature and specifications

Karbonn K1515 Price in India. Company is hitting the market with dual SIM Touch screen mobile as after the launch of Karbonn K1010 and Karbonn K1616 here is another mobile Karbonn K1515 hitting the store. This handset comes with cool feature that makes it a good phone to have one into our pocket. The phone runs over the GSM 900, 1800 network frequency.

Karbonn K1515 is latest touch screen mobile with Dual SIM facility. The phone has 3.2 of HVGA, 262K TFT display screen with resolution of 320 x 480 pixels. Phone comes with 2.0 mega pixels of camera to click your memorable moments. Other features include Multi Indian Language Read Support, Audio Player, video Player, 3D Graphical User Interface and Widgets and K Zone. Phone supports external microSD card with expandable memory slot up to 8 GB.

Karbonn K1515 review, feature and specifications
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Posted by Unknown at 08:49 0 comments

RSS performs weapon worship on Dussehra

Nagpur, October 17 (ANI): Activists of Rashtriya Swayamsevak Sangh (RSS),perform the ancient Indian tradition of Shastra Puja on the occasion of Dussehra in Nagpur on Sunday.The RSS cadres performed drills with various weapons and carried out a march past to mark the day. The festival of Dussehra marks the triumph of Hindu god Lord Rama; over demon king Ravana, the ruler of island kingdom of Lanka.Addressing the RSS activist on the occasion, RSS chief Mohan Bhagwat, cheered the controversial Ayodhya verdict and stated that the faith of Hindus has been upheld.


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Posted by Unknown at 08:49 0 comments
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