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IBPSGUIDE- THE HINDU ANALYSIS Interrogative version (April 21 th 2018) WHEN ?? WHAT ?? WHY ?? WHOSE ?? WHERE?? HOW ?? WHICH ?? WHO ?? www.ibpsguide.com

IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Page 1: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

IBPSGUIDE- THE HINDU ANALYSISInterrogative version (April 21th 2018)

WHEN ??

WHAT ??

WHY ??

WHOSE ??WHERE??

HOW ??

WHICH ??

WHO ??

www.ibpsguide.com

Page 2: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

•PM-UK Visit•Charles- CW

Head•CEO forum

NATIONAL

•Petrol Price•Cabinet- new law•Impeachment-CJI

•GAIL-Officer

•Fortis Battle•TCS

•Aadhaar-KYC

• Hero Super Cup 2018

•National Junior Athletics

Championship

•Priority Sector Lending

Certificates (PSLC)

INTERNATIONAL

STATE BUSINESS

SPORTS

BANKING TERM

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•Gohain UliuwaMela

•One Lakh –Jalmitras•Rajasthan

Page 3: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

INTERNATIONAL

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Page 4: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Prime Minister Narendra Modi was accused of snubbingBritish Dalits after failing to visit Ambedkar House in London, to unveil astatue of B.R. Ambedkar in the house’s garden.

Why Modi failed to visit Ambedkar House?

Official sources suggested that a visit to Ambedkar House, in North London, had been mulled earlier on in the planning of the Prime Minister’s visit but had never been on the final agenda of the trip, particularly as the journey to the house would not have been practical on a day of tight meetings during the Commonwealth Heads of Government Summit.

Page 5: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Prince Charles is to be the next head of the Commonwealth, Commonwealth leaders decided at the end of a two-day summit in London. It followed in the wake of the Queen

expressing her strong wish that her son, the Prince of Wales, be her successor to the role that she took over from her father in 1952.

Who selected Prince Charles as Head?

The potential for the Commonwealth as a bastion against protectionism, and the abuse of the “international rules based system,” climate change, and the

importance of the community in sustainable development particular pertaining to small island states formed some of the key-pegs of the wide-

ranging discussions in London.

Page 6: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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The issue of retrospective taxation in India, and labour mobility in the U.K.were among the issues raised by Indian and British chief executives during around-table discussion with the two Prime Ministers during the bilateralthat took place earlier this week.

How many CEOs were present in the forum?

The forum, which involved about 30 CEOs from India and the U.K., took place on the bilateral leg of Mr. Modi’s visit to London for the Commonwealth Heads of Government Meeting. The CEOs were headed by Sir Gerry Grimstone, the chairman of Standard Life Aberdeen, and Ajay Piramal, Chairman of Piramal Enterprises. Other participating companies included Vodafone, Diageo, BAE Systems, GSK, Reckitt Benckiser, JCB, BP, Bharti, HAL and Bharat Forge.

Page 7: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

Other International Headlines

In a series of startlingly candid conversations, President Donald Trump told former FBI Director James Comey that he had serious concerns about the judgment of a top adviser, asked about the possibility of jailing journalists and described a boast from Vladimir Putin about Russian prostitutes, according to Mr. Comey’s notes of the talks obtained by The Associated Press.

Page 8: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

NATIONAL

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Page 9: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Consumers have started feeling the pinch as the the price of sensitivepetroleum products have risen record high since deregulation. Petrol priceshave touched ₹ 81.93 a litre in Mumbai,a 55-month high while diesel prices havetouched ₹ 69.54, an all time high on back of rising international crude oil pricesand taxes levied by the states and central government.

Taking a dig at the government, Mr. Chidambram said: “For the last fouryears, the BJP government has lived off an oil bonanza. Minus the oilbonanza, the BJP government is clueless and floundering. The government isin a sweet spot as it continued to increase the taxes on petroleum productswhen the prices of petrol and diesel fell. But, it failed to reduce taxes whenthe prices of petrol and diesel went up.”

Page 10: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Law Ministry sources say that they have approved a proposal received from theMinistry of Women and Child Development (MoWCD) to amend the Protection ofChildren from Sexual Offences (POCSO) Act, 2012, and a final decision on whetherto bring it in the form of an Ordinance will be taken at the Cabinet meeting.Last week, WCD Minister Maneka Gandhi had said that her Ministry will amend thePOSCO Act to ensure death penalty for sexual assaults on children up to 12 years.Subsequently, a draft Cabinet note was prepared and sent to the Law Ministry.

Has the ordinance passed?

Page 11: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Impeachment means to make a formal statement saying that a public official isguilty of a serious offence in connection with their job. Former Chief Justices ofIndia and eminent jurists said on Friday that there was no need for Chief Justiceof India Dipak Misra to withdraw from work merely because 60 Opposition MPshad submitted a notice for his impeachment to the Rajya Sabha Chairman. Boththe Constitution and the Judges (Inquiry) Act of 1968 are silent on whethera judge facing impeachment motion should recuse from judicial andadministrative work till he is cleared of the charges against him. This is the firsttime that a Chief Justice of India is facing an impeachment motion.

What is meant by Impeachment? What is the issue?

Page 12: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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The GAIL Officers’ Committee has written to the office of the Prime Minister expressing its “shock and anguish” over reports that the

government was considering unbundling the Maharatna company’s marketing and transport businesses. The move is aimed at

preventing purported abuse of GAlL’s monopoly position and is meant to ensure an even and fair playing field for several other

companies involved in natural gas business.

What is the issue with the GAIL?

Page 14: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

STATE

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Page 15: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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People take part in traditional ‘Gohain Uliuwa Mela’ festival in Mayongvillage, in Morigaon district of Assam.

Page 16: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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The initiative focuses on decentralised watershed management and asks city dwellers to contribute a day’s labour in the villages. “Several hundreds of micro-tasks have been chalked out. We hope the urban-rural partnership will help bridge the chasm between cities and villages,” said Mr. Khan.People who are unable to visit villages to participate can donate, to build watershed management structures.

For what he gathers so much of people?

Aamir Khan is asking people in Maharashtra to unite, on May 1. He wants all citizens concerned about falling water tables and parched wetlands to join

him as ‘jalmitras,’ ready to fight drought by donating their labour.

Page 17: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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According to the norms laid by the Cooperative Department, the marginal farmers are those who have land holdings measuring up to one hectare, while the small farmers have land holdings of one to two hectares. Other farmers, who own land holdings measuring above two hectares, will get the debt waive-off in decreasing proportion to every additional hectare of land.

How will the farmers will get benefited?

The Rajasthan government’s Cooperative Department set in motion the scheme for loan waiver up to ₹50,000 each for farmers, announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates to small, marginal and other farmers.

Page 18: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

BUSINESS

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Page 19: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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The battle for control of Fortis Healthcare Ltd. intensified after KKR-backed Radiant Life Care Private Ltd. entered the fray with an offer to buy more than a quarter of the cash-strapped company’s hospital business.

The other two offers are from Manipal Health Enterprises and a consortium of two prominent business families, Hero Enterprise and the Burman Family Office. All the offers value Fortis within a tight range of $1.2-$1.4 billion.Radiant has proposed to spin off the hospital business to form a new company, which will exclude Fortis’ stake in diagnostics chain SRL Ltd.

Page 20: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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Natarajan Chandrasekaran is the Chairman of TCS. Rajesh Gopinathan is the CEO & MD of TCS.

Who were the key people in TCS?

What is the statement from TCS?

A day after Tata Consultancy Services reported better-than-expectedprofit in the fourth quarter, the shares of the software major toucheda record high with the market capitalisation of the informationtechnology major coming close to the $100 billion-mark — the first foran Indian company.

Page 21: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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The Reserve Bank of India directed commercial banks to make linking of Aadhaar to bank accounts mandatory, at a time when the Supreme Court is in the final leg of hearings on the contentious issue.However, the banking regulator clarified that these guidelines were subject to the verdict in the Supreme Court.What has surprised RBI watchers is the circular’s timing. While the Centre had notified norms on June 1, 2017, RBI had till now not issued guidelines to banks.

Page 22: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

Other Business Headlines

Axis Bank, which recently said that the tenure of MD and CEO ShikhaSharma would end on December 31, has appointed global recruitment firm Egon Zehnder to find a successor for the top post.

True Balance, a digital wallet and financial services platform, said on Friday that it had raised $23 million.The funding round saw participation from Japan-based global messenger Line Ventures Corporation, Korean search engine Naver, Korean bank Shinhan Bank along with TS Investment and others.

Page 23: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

Other Business Headlines

Eveready Industries India Ltd. led declines among shares of three dry-cell battery makers on Friday, a day after the Competition Commissionof India (CCI) imposed penalties on them for ‘price fixing’.The penalty on Eveready was fixed at ₹245.1 crore, that on Nippo at₹52.8 crore and Panasonic was ordered to pay ₹74.7 crore. However,based on the firms’ applications for lesser penalties, the fines wererevoked fully for Panasonic, reduced by 30% for Eveready and by 20%for Nippo. Following this, Eveready’s fine stood at ₹171.5 crore andNippo’s at ₹42.3 crore.

Page 24: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

Other Business Headlines

The platform for small and medium enterprises (SMEs) is seeingactive participation from institutional investors, especially mutualfunds that have been traditionally investing only in the initial publicoffers of large, well-known companies on the BSE and the NationalStock Exchange (NSE).

Page 26: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

SPORTS

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Page 27: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

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A moment of madness from Samad Ali Mallick proved costly for East Bengal as Bengaluru FC romped to a 4-1 win to clinch the inaugural AIFF Super Cup.

Sanjana Choudhary of Rajasthan threw the spear to a distance of 46.97m for the girls’ javelin gold in the Sri Krishna Institutions 16th Federation Cup National junior athletics championship at the Nehru Stadium.Hemamalini (Tamil Nadu) and Jyoti (Haryana) finished for the silver and bronze respectively. The junior boys 5000m race turned out to be a close one between Gurpreet of Haryana who clinched Gold and Sanjay Kumar of the host State.

Page 28: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

BANKING TERM

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Priority sector Lending Certificates (PSLC):Priority Sector Lending Certificates (PSLCs) are

tradable certificates issued against priority sectorloans of banks so as to enable banks to achieve theirspecified target and sub-targets for priority sectorlending through purchase of these instruments in theevent of a shortfall and at the same time incentivizing thesurplus banks to lend more to these sectors.

Page 29: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

What is the expiry date of PSLC? Whether service tax/ stamp duty/ transaction tax will be applicable while paying fee for PSLC?

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PRIORITY SECTOR LENDING

CERTIFICATES (PSLC)

All PSLCs will be valid till March 31st and will expire on April 1st. PSLCs maybe construed in the nature of 'goods’, dealing in which has been notified asa permissible activity. The tax implications on account of trading in PSLCsmay be determined by the banks in accordance with the applicable tax laws.Further, as per the extant guidelines, no transaction charge/ fees isapplicable on the participating banks payable to RBI for usage of the PSLCmodule on e-Kuber portal.

Page 30: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

What is e-Kuber? How it is useful in PSLC?

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PRIORITY SECTOR LENDING

CERTIFICATES (PSLC)

e-Kuber is the Core Banking Solution of Reserve Bank of India. E-Kuberprovides the provision of a single current account for each bank across thecountry, with decentralised access to this account from anywhere-anytimeusing portal based services in a safe manner. The trade summary of PSLCmarket is available to the participants through the e-Kuber portal. Any newfunctionality will be notified to the participants via 'News &Announcements' section under e-Kuber portal.

Page 32: IBPSGUIDE- THE HINDU ANALYSIS...announced by Chief Minister Vasundhara Raje in this year’s Budget. Special camps will be organised across the State for distributing loan waiver certificates

To Gear up your Banking Preparation visit – www.ibpsguide.com

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