Economic Survey 2015-16

On 26th February 2016, Finance minister Arun Jaitley tabled the Macro-Economic Survey 2015-16 in Parliament. The economic survey was prepared by the Chief Economic Advisor Arvind Subramanian.

• In accordance with survey, Indian economy is growing at a pace of 7-7.5% and it is expected to accelerate at 8% in the next couple of years.
• India’s macro-economy is sturdy and it is likely to be the fastest growing major economy in the world in 2016 as it shows an expansion from 7.2% in 2014-15 to 7.6% in current fiscal.

Before heading towards the other highlights lets us take a brief view on economic survey:
To showcase the ministry’s view on the annual economic development of the country, every year before the Union Budget, the economic survey is presented by Finance Ministry of India.

• Economic Survey summarizes the performance on major development programs and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term.
• This document is presented to both houses of Parliament during the Budget Session.

Following are the highlights of the report:

Fiscal Deficit

• 2015 -16 fiscal deficits seen at 3.9% of GDP seems achievable
• 2016 – 17 expected to be challenging from fiscal point of view.
• Credibility and optimality argue for adhering to 3.5% of GDP fiscal deficit target.

Inflation

• CPI inflation seen around 4.5 to 5% in 2016 – 17.
• Confidence in price stability has improved and it is expected that RBI to meet 5% inflation target by March 2017.
• Prospect of lower oil prices over medium term likely to dampen inflationary expectations.

Current account deficit

• 2016 – 17 current account deficit seen around 1-1.5% of GDP.

Currency

• Rupee’s fair value can be achieved through monetary relaxation.
• India needs to prepare itself for a major currency readjustment in Asia.
• Gradual depreciation in rupee can be allowed if capital inflows are weak.

Taxes

• Proposes widening tax net from 5.5% of earning individuals to more than 20%.
• Tax revenue expected to be higher than budgeted levels in FY15 – 16.
• Favours review and phasing out of tax exemptions.

Banking & Corporate Sector

• Estimated capital requirement for banks likely around Rs 1.8 trillion by 2018 – 19.
• Corporate, bank balance sheets remain stretched, affecting prospects for reviving private investments.
• Underlying stressed assets in corporate sector must be sold or rehabilitated.
• Govt could sell off certain non-financial companies to infuse capital in state-run banks.
• Govt proposes to make available 700 bn rupees via budgetary allocations during current, succeeding years in banks.

India Ranks First in Milk Production
In accordance with the economic survey 2015-16, India ranks first in milk production, accounting for 18.5% of world production. It achieved an annual output of 146.3 million tons during 2014-15 as compared to 137.69 million tonnes during 2013-14 recording a growth of 6.26%.

Questions Asked in IPPB Mains Exam (29 Jan 2017)

1. In USSD - U stands for - Unstructured Supplementary Service Data.

2. In EMI - E stands for - Equated

3. Christiano Ronaldo is associated with - Football

4. Gandhi stadium location - Jalandhar, Punjab

5. Maharana Pratap Dam located at -Himachal Pradesh

6. Asian Games 2018 will be hosted by which country - Indonesia

7. How much stake of govt. in India post payment Bank? - 100%

8. National ice skating championship held - Gurugram

9. Which day observed on 3rd March - World Wildlife Day

10. Which of the following banks has surrendered from opening Payment Bank? Tech Mahindra

11. Islamic Military Alliance to Fight Terrorism (IMAFT) headquarter - Riyadh, Saudi Arabia

12. The promoters of the payments bank should hold at least ____of its paid-up equity capital for the first five years from the commencement of its business. - 40 per cent

13. Ustad Bade Fateh Ali Khan passed away, was associated with which filed – Khyal vocalists

14. The Padhar dance is a folk dance of which state – Gujarat

15. Amman is the capital of – Jordan

16. Under which act RBI issues licences to banks - Section 22 of the Banking Regulation Act, 1949

17. Book titled – ‘Death Under the Deodars written by – Ruskin Bond

18. International kite festival held in which state – Gujarat

19. Committee formed for Modernizing the monetary policy framework is headed by – B N Srikrishna Committee

20. One question on feature of PMJDY account

21. Availability of cash – POS (Point of Sale)

22. Word ‘banking’ defined in which act – Section 5(b) of the Banking Regulation Act, 1949

23. Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) budget – Rs. 5300 crore

24. Money market instruments – commercial paper

25. Vansda National Park located in – Gujarat

26. Apart from savings account what type of account can have balance upto 1lakh in payment banks- Current Account

27. Which does not come under payment bank? - issue credit cards

28. Subsidy offered on interest rates is known as – Interest subvention

29. Ownership/Voting right for Payments Bank capped at 10% can be extended up to what percentage – 26%

30. One person can obtain loan from one bank and he can again go for loan in other bank is called which type of financing or banking -

31. Which loans can be transferred under priority sector lending?

32. International transaction between two individuals present in different countries is known as – Cross Border Payment.

Important One Word Substitution SSC CGL-2016

1. An exact copy – Facsimile (CGL – T1, 2016)

2. To give money for sales to agents – .Commission (CGL – T1, 2016)

3. A person who is working in the same institution – .Colleague (CGL – T1, 2016)

4. Favouritism shown by a person in power to his relatives – Nepotism (CGL – T1, 2016)

5. A round-about way of expression – ..Circumlocution (CGL – T1, 2016)

6. Suitable or intended only for young persons – Juvenile (CGL – T1, 2016)

7. A record of one’s own life written by oneself – ...........Autobiography (CGL – T1, 2016)

8. Belong to same period – .Contemporary (CGL – T1, 2016)

9. One who listens secretly to private conversation – ..Eavesdropper (CGL – T1, 2016)

10. Someone who is incapable of being quietened or pacified – .Implacable (CGL – T1, 2016)

11. Government by Department of State – .Bureaucracy (CGL – T1, 2016)

12. The killing of a race – ..Genocide (CGL – T1, 2016)

13. Lack of skills – .Ineptness (CGL – T1, 2016)

14. Stick with a thick end used in mortar for pounding – ..Pestle (CGL – T1, 2016)

15. An act when people vote in order to make a particular subject or policy rather than voting for a person – .Referendum (CGL –– T1, 2016)

16. Drug which cause people to sleep early – .Soporific (CGL – T1, 2016)

17. The branch of philosophy concerned with the study of principles of beauty, especially in art – .Aesthetics (CGL – T1, 2016)

18. The study of skin – ..Dermatology (CGL – T1, 2016)

19. A rough, violent, troublesome person – Tartar (CGL – T1, 2016)

20. A brave, noble – minded or chivalrous man – Gallant (CGL – T1, 2016)

21. Obsession with books – .Bibliomania (CGL – T1, 2016)

22. A large body of people playing musical instruments – .Orchestra (CGL – T1, 2016)

23. Solemn religious acts – .Rites (CGL – T1, 2016)

24. That which cannot be averted – ...Inevitable (CGL – T1, 2016)

25. One who sets type for books, newspapers, etc. – ..Compositor (CGL – T1, 2016)

26. Land covered by water on three sides – ..Peninsula (CGL – T1, 2016)

27. A remedy for all diseases – Panacea (CGL – T1, 2016)

28. A piece of shelter for ships – ...Harbour (CGL – T1, 2016)

29. Of the highest degree – Superlative (CGL – T1, 2016)

30. A place where soldiers live – Barracks (CGL – T1, 2016)

India's GDP Growth forecast for 2016-17 (Updated)

1. Asian Development Bank (ADB) = 7%

.

2. World Bank = 7%

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3. United Nations = 7.7%

.

4. International Monetary Fund (IMF) = 6.6%

.

5. Fitch Ratings = 6.9%

.

6. RBI = 7.1%

.

7. Central Statistics Office ( GOI ) = 7.1%

.

8. City Group = 6.8%

.

9. State bank of India = 6.7%

.

10. HSBC = 6.3%

.

11. Nomura = 6.5%

.

12. ICRA = 6.8%

.

13. CRISIL = 6.9%

.

14. CARE RATINGS = 6.8%

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 16 & 17 Jan

1. 2016 Nobel Prize in Economics – Contract Theory
2. The largest irrigation canal in India called – Indira Gandhi Canal
3. Who was awarded the Bharat Ratna on his 100th birthday?- Dhondo Keshav Karve
4. Gateway of India was built by – George Wittet
5. Book “Train To Pakistan” was written by – Khushwant Singh
6. National Snooker Championship in 2016- Aditya Mehta
7. Inventor of logarithms – John Napier
8. The largest Union territory in India – Andabar & Nicobar Islands
9. Chlorophyll occurs in which part of the plant- Leaf
10. Benzene molecule inventor – Michael Faraday
11. Second highest peak in the world- K2
12. Largest Freshwater lake in the world – Lake Superior
13. Optical Fiber Inventor – Narinder Singh Kapany
14. Capital of Australia – Canberra
15. Ellora Caves – Aurangabad, Maharashtra
16. The speed of wind measured by –Anemometer

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 18.01.17

1. “Broken Wings” author – Kahlil Gibran
2. Apurvi Chandela related to – Shooting
3. The world’s first artificial satellite – Sputnik I
4. Second World War – 1939-1945
5. Spider’s class – Arachnid
6. 1st Indian to score triple century – Virender Sehwag
7. Madrid is the capital of – Spain
8. Portugal capital – Lisbon

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 19.01.17

1. Machu Picchu – Peru
2. Man Booker Prize in 2016 –  Paul Beatty
3. Longest railway platform – Gorakhpur
4. World Environment Day – Theme of the year 2016 was “Zero tolerance for the illegal trade in wildlife”
5. The God of Small Things – Arundhati Roy
6. Longest written Constitution in the world – Indian Constitution
7. Myanmar capital – Naypyidaw
8. ‘The Jungle Book’ – Rudyard Kipling
9. pH Value of water – 7
10. Longest written constitution in the world – Indian Constitution

General Awareness Questions asked in RRB NTPC Main Exam – 19.01.2017

1. Keyboard shortcut key for Redo – Ctrl + Y
2. Scientist Henri Becquerel related to – Radioactivity
3. Linux – Operating System
4. National Acquatic Animal – Dolphin
5. National Rail Museum- New Delhi
6. Wildlife Institute of India – Dehradun
7. Bhagoria Festival – Madhya Pradesh
8. Acetic acid – Vinegar

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 20.01.17

1. ‘Ashoka Chakra’ is awarded for ?– Army People
2. ‘Kathakali’ is a folk dance prevalent in which state? – Kerala
3. 1 kb is equal to how many bytes? – 1024
4. Alaknanda river flow through which city? – Badrinath
5. Jeev Milkha Singh is related to which sports? – Golf
6. Kalinga Battle was fought in? – 262-261 BC.
7. Mars is which number planet in our Solar System? – 4
8. Number of members in Lok Sabha from Haryana? – 10
9. Tomb of Iltutmish is in? – New Delhi
10. United Nations Organization (UNO) was established after which war? – 2^ndWorld War.
11. What do you feel when the lift is going down with uniform acceleration? – You feel lighter.
12. What is Sugarcane (Grass/Herb/Stem)? – Stem
13. What is the highest award that Mary Kom has won? – Padma Bhushan.
14. Which of the following is a Pain Relief medicine?
15. Who formulated the Theory of Evolution? – Charles Darwin.
16. Who is referred as the Father of Microbiology? – Antonie Philips van Leeuwenhoek.
17. Who is the author of ‘Pakistan: the gathering storm’? – Benazir Bhutto.
18. Who was known as Iron man of India? – Sardar Vallabhbhai Patel

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 21.01.17

Shift 1 Questions...

1. All India Trinamol Congress established in ? – 1998
2. Architecture of Hinduism Buddhism jainism can be seen from?  Ellora 
3. Battle of plassey in which year? –  1757
4. Bharatnatyam which state? – Tamil Nadu
5. Dynasty of Shahjahan ?- Mughal dynasty
6. Evapotarion of water from plants occurs ? – Direct absorption of radiant energy by leaves from the wet cell
7. Excretory organ of cockroach ? – Malpighian tubules
8. Highest producer of Guava ? (international level) ?  – India
9. Kalakkad tiger sanctuary is situated at? – Tamil Nadu
10. Port blair is the capital of ? – Andaman and Nicobar Islands
11. The algebea of infiate justice author name ? – Arundhati Roy
12. The cave which has related to hindu boddhist jain ? – Ellora
13. Which actor has won most national awards ? –
14. Who did discovered dishwasher? – Josephine Garis Cochran
15. Who got sultansha azla cup 2016? – Australia
16. Whose pic is on USA $5 dollar? Abraham Lincoln 
17. Year of plassy war ? – 1757

Shift 2 Question...

1. Article 31 ? – Right to Property
2. Article 352 refers to ? – The proclamation of emergency
3. Discovery of india book’s writer ? – Jawaharlal Nehru
4. Discovery of India? – Pt nehru
5. Father of jahangir? – Akbar 
6. First ISRO satellite launched for education ? – GSAT 3
7. First viceroy and first governor general of pre indepence India  ? – Warren Hastings
8. Gallantry award given topriyanka chopra
9. Skin diseases dermatitis? – Eczema
10. Highest civilian award for ?
11. Hyderabad is the Capital of _______ ? Telangana 
12. In largest planet Uranus comes on which place ?
13. Member of loksabha from Maharashtra, ?
14. One question about world heritage cites of india
15. Padam shree award – Priyanka chopra
16. Potassium ion in noble gas, ?
17. Seats in Maharashtra.?
18. Which chemical in nail polish remover ? – Acetone
19. Which of following caused by fungus ?
20. Which of following is fleshy,spored and flowering plant ? –
21. Who scored 400 in Test cricket – Brayan lara

Shift 3 Questions....

1. Bhagarvadh national park located in which state? MP
2. Aurangjeb was related to which dynasty?  Mughal
3. Bcci cricket ka kaun simiti dekh Rahi hai -Lodha Samiti
4. BCCI recently make some changes in which committee ? – Lodha Committee
5. Bihu dance is related to which state? Assam
6. Bio chemical laboratory of human body – Liver
7. Blood pressure measures by?  Sphygmomanometer
8. Capital of Canada.? Ottawa 
9. Caves near to Mumbai horbour-Elephanta caves
10. Contact lens discovered by? – Leonardo da Vinci
11. Convert 106 in binary systym?  1101010
12. Electron movement around centre?
13. First leader of opposition of Lok Sabha
14. Five Point Someone: What not to do at IIT! _Chetan Bhagat (book)
15. How many steps in Suryanamskar? 12
16. In which country communism follow?China France
17. In which form glucose stores in body? – Glycogen
18. Rajyasabha seats in west bengal? – 16
19. Rashtriya film festival started in which year? –
20. Which has more atom number from flurine? – (Be,N,Na,O)
21. Who invented Contact lens ?-Adolf Boston Eugen fick

Questions asked in Indian Bank PO Exam – 22/1/2017

Number Series Question Asked in Shift I

• 2, 3, 8, 27, ?, 565
• 5.3, 7.9, 13.1, 23.5, 85.9, ?
• 1.5, 1.5, 3, 12, 96, ?
• 54, 53, 56, 49, 64, ?
• 20, 19, 17, ? , 10, 5

Number Series Question Asked in Shift II

• 0.5, 0.5, 1.4, 32, ?
• 30, 16, 10, 8, 8, ?
• 3, 4, 10, 33, ?, 685
• 5.9, 8.2, 12.8, 22, ?, 77.2
• 31, 32, 29, 36, 21, 52, ?

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 21 & 22

1. Yahoo developer – Jerry Yang, David Filo
2. Book, “The Algebra of Infinite Justice” – Arundhati Roy
3. Radcliffe line – India & Pakistan
4. Battle of Plassey –  1757
5. The renowned Madhubani painting originated in – Maithili village of Bihar
6. The bomb dropped on Hiroshima & Nagasaki is – Little Boy & FAT Boy
7. Geet Sethi associated with – Billiards
8. Pluto discoverer – Clyde Tombaugh
9. Ovis is the scientific name of –  Sheep.
10. Capital of Austria – Vienna
11. The first woman to become Chief Justice of a state High Court in India – Justice Leila Seth
12. Father of Computer – Charles Babbage
13. Book “2 States: The Story of My Marriage” was written by – Chetan Bhagat
14. Lok Sabha seats of Rajasthan – 25
15. Old Fort –  New Delhi

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 23.01.17

1. Capital of Norway – Oslo.
2. Molecular Formula of Ozone – O3.
3. Moti Masjid – World Heritage Site.
4. Formula of Ammonium Dichromate – (NH₄)₂Cr₂O₇.
5. UP Rajya Sabha seats – 31
6. Instrument to measure time – Chronometer.
7. Trusted general of the Mughal emperor Akbar – Man Singh.
8. Father of Columbus – Domenico.
9. Kailash Satyarthi – Nobel Peace Prize.
10. Planet with maximum satellites – Jupiter.
11. Moti mosque situated in – Red Fort Complex.
12. RBI nationalized in – 1949.
13. Inventor of neon lamp – Georges Claude.
14. Inderjeet Singh related to – Shot Put.
15. Durand Cup related to – Football.
16. The ratio of width to length of our National flag is – 2:3.
17. The largest part of the Human Brain is – Cerebrum
18. Mars Mission – MOM
19. Article 222 in The Constitution Of India 1949 – Transfer of a Judge from one High Court to another.
20. HTML – Hyper Text Markup Language
21. 2016 UEFA Championship – Real Madrid
22. Qutb Minar – New Delhi
23. Dudhwa Tiger Reserve – Uttar Pradesh
24. Instrument to Measure Light Intensity – Photometer
25. Scientific name of neem – Azadirachta indica
26. Unit of electric energy – Joule
27. Great Himalayan national park – HP
28. World War 1 – 1914
29. Hydrogen Atomic No – 1
30. Book, “Everyone Has A Story” – Savi Sharma

General Awareness Questions Asked in RBI Assistant Main Exam – January.24.2017

1. A money in bank account is treated as Unclaimed money deposit after how years? – 10 years
2. Baglihar Hydroelectric power plant ? – J&K
3. Bajranj Punia is related to ? – Wrestling
4. Based on MSF ? – Repo +0.50
5. Belgrade is the capital of ? – Serbia
6. Book titled The legend of laxmi Prasad written by? – Twinkle Khanna
7. Cho Ramaswamy ? – Actor & Politician
8. Govt has made payment about what amount in govt transaction as e-payment mandatory? – Rs 5000
9. Headquarter of Deutsche bank?- Germany
10. Headquarter of which of the bank is not in Karnataka?
11. IDA Headquarters ? – Washington, D.C
12. India International Science Festival 2016? – New Delhi
13. Indra navy exercise with? –  Russia
14. Largest network of shared ATMs in India? – National Financial Switch(NFS)
15. Law related to DISHONORNING OF CHEQUE in section 138.
16. Maximum limit of Shishu ? – Rs 50000
17. Maximum loan under Standup India? – Rs 1 crore
18. Naira is a currency of ? – Nigeria
19. One Question from MCLR.
20. One Question related to headging?
21. Question related to BSBDA account.
22. Quoting pan card no mandatory for transactions above ? – Rs 50000
23. Sathyamangalam Wildlife Sanctuary?  – Tamil Nadu
24. SimSePay of which bank? – Yes Bank
25. State bank buddy is a type of __ wallet?
26. Theme of APEC summit ? – Quality Growth and Human Development
27. Times person of the year ?  – Donald Trump
28. TReDS related to ? – MSME
29. What does P stands for in CNP?  – Card Not Present
30. Who owns the maximum share in nationalized bank after GIO? – RBI
31. Whom does the bank report the counterfeit notes ?
32. World Ayurveda Congress held at ? –  Kolkata
33. World Robot Olympiad held in ? – India
34. Zero Effect Zero Defect Scheme related to? – MSME

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 24.01.17

1. World Wide Web Inventor – Tim Berners-Lee
2. Lucknow – Uttar Pradesh
3. First Lok Sabha speaker – Ganesh Vasudev Mavalankar
4. Panaji is capital of – Goa
5. TCP Full form– Transmission Control Protocol
6. Aurangzeb was the son of – Shah Jahan
7. Denmark capital – Copenhagen
8. Night blindness – Vitamin A deficiency
9. Book titled, “Midnight’s Children” was written by – Salman Rushdie
10. Shimla – HP
11. Dandeli wildlife sanctuary – Karnataka
12. Inventor of water turbine – Benoit Fourneyron
13. Kanchenjunga – Nepal
14. Santosh trophy related to – Football
15. Study of cells – Cytology
16. Rajya Sabha seats of Tamil Nadu – 18 seats
17. BSP Full form – Billing and Settlement Plan
18. ‘Walking With Lions: Tales From A Diplomatic Past’ author – Natwar Singh
19. Narendra Modi – 14th PM
20. Australian Grand Prix 2016 winner – Nico Rosberg

General Awareness Questions asked in SSC CHSL 2017 Tier-I Exam – 25.01.17

1. Majuli Island – Assam
2. Aspirin Inventor – Felix Hoffmann
3. Scientific name of a lizard – Lacertilia
4. Brihadeshwara temple – Thanjavur, Tamil Nadu
5. Marble – Metamorphic Rock
6. Antimatter of electron – Positron.
7. ‘Char Minar’ – Hyderabad
8. Apurvi Chandela related to – Shooting
9. The National Anthem was first sung in the year – 1911
10. Unit of Magnetic Flux density – Tesla
11. Battle of Haldighati – 1576
12. Article related to sedition? – Article 124A
13. First woman in space – Soviet cosmonaut Valentina Tereshkova
14. Non-stick cooking utensils are coated with – Teflon
15. A vascular bundle is a part of the transport system in vascular plants
16. The Immortals of Meluha is the first novel of the Shiva trilogy series by Amish Tripathi.
17. Player holds the record for scoring most centuries in Test cricket – Sachin Tendulkar
18. Kanha national park – Madhya Pradesh
19. Total Number of articles in Constitution – 395
20. Author of lowland – Jhumpa Lahiri
21. 2018 South Asian Games – Kathmandu, Nepal
22. VOIP stands for – Voice Over Internet Protocol