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Why do you want to join banking sector?

Banking is one of the fastest growing sectors in India. I always wanted to do a job which will assure me with futuregrowth and also stability and respect in society.

with more stable and high growth. And more over providing wide range of career opportunities for graduates. So I want to take an opportunity to join in a bank.

Firstly tell me why you want to join banking?Sir. And i think thatbank is the most caring organization, it takes care of its employeesin all aspects. i mean if you are working really, giving your best to yourbank then the bank will definitely take care of u. so these are thethings which attracted me towards banking services. But the think thatmost attracted me is the fast and fair selection process and the neatand clean job. i mean there is no political interference in theselection process and you will have to work freely without any politicalinterference.

I think banks are the building blocks of our economy. We help people stand on their feet, we help the business grow and also we help social causes. While working I realized that my motivation was to serve in government sector and banking because.

A certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a license to form a corporation issued by state government.[1] Its precise meaning depends upon the legal system in which it is used.

The work of a bank PO also includes managerial tasks, such as supervision of clerical work, taking decisions for the benefit of the bank, managing cash balance etc. A bank PO issues ATM cards, cheque books, Demand Drafts etc , Promoting and marketing the branch and its products Meeting with customers and resolving any problems or complaints Ensuring theres a good customer service Monitoring sales targets Reporting to head office .

Why banks are not stopping PSL

RBI always monitors the banks priory sector lending as it is under the supervisory function of RBI.. If a bank does not match regular PSL lending RBI can impose ban on credit given to them..now see from banks prospective..In PSL lending upto 2 lakh banks lend their base rate which is around 10% for every bank but above 2 lakh bank are free to decide their PSL lending rate.But if they shortfall in their pSL lending target their are slabs made by RIDF on their getting interest on deposits..for missing by 5% or less---deposit interest is bank rate- 2% for missing by more than 5% and less than 10%--deposit interest offered by RIDF is bank rate-3% for missing more than 10%--deposit interest rate is bank rate- 4% so as you can see bank will receive only interest rate say 8.75-2=6.75% on their deposit funds in RIDF.. so it's a loss for banks as if they lend it at base rate which is around 10% they will get more money.. just they have to take security against their loan properly. Hence banks are not stopping their PSL.

Steps for reducing NPA

1st one is prevention from a loan being NPA

---!st before giving any loan check the credit history of the customers..

--- Categories the customer on high risk medium risk and low risk

--- take proper cautions and follow ups for the loan granted in high risk area..

-- Priority sector lending is of of the cause of growing NPA , so proper caution on the credits and guarantors oor securities given by the borrowers..

Now the 2nd part that is Recovery

-- Sarfasei act

-- ARC

--Lok adalat

---Compromise

--Debt recovery tribunal..

Non-performing Assets:

Assets are declared as non performing, if none of the installments or interests is paid till 90 days.

In case of Term loan: The installment/interest of principal remains OVERDUE for a period of more than 90 days

In case of Over Draft/Cash Credit: The A/C remains OUT OF ORDER for a period of more than 90 days

In case of Bills: The bills remains OVERDUE for a period of more than 90 days

Standard/performing asset: An A/c or the asset which doesn't create any problem and all the installments and interests are paid regularly

Types of NPAS:

1. Sub-Standard NPA: Asset which has remained in the category of NPA for a period of less than 12 months

In this case: 10% provision is made

2. Doubt full NPA: Asset which has remained in the category of Sub standard NPA for a period of more than 12 months.

In this there are 3 cases

a) For D1 type 20% provision is made

b) For D2 type 30% provision is made

c) For D3 type 100% provision is made

3. Loss assets: Assets which are doubtful and loss has been identified by the bank or internal/external auditors or the RBI inspection.

After this, assets are handed over to recovery agents for sale

In such case: 100% provision is made

Note: Provision means deducting funds from the Profits of the Bank in order to incur the losses

Causes of NPA:

1. The main cause of NPA is DEFAULT by the borrower.

2. Lack of proper pre-enquiry by the bank before sanctioning a loan to a customer

3. Diversion of funds by the customer (means customer not spending on the purpose for which he has taken loan)

4. Political interferences

5. Change in Government Policies

6. Improper MIS

7. Natural calamities, which makes customer financially unstable to pay back to the bank

Recovery measures:

1. Auction through SARFAESI ACT

2. Approaching DRT, ARC

3. Deducting from Bank's profit

Impact on Banks:

1. Bank's fame and good will be affected

2. Bank Has to spend its profits in terms of provision against NPA'S

3. Effects cash flow in the bank

RBI doubles the FOREX Remittance LimitThe Reserve Bank of India has doubled the eligibility limit for FOREX remittances to$250,000 per person per year under the Liberalised Remittance Scheme (LRS), which allows residents to acquire and hold shares, debt instruments or other assets outside India without prior approval of the RBI. The eligibility limit for FOREX remittances under the LRS was USD 75,000 in 2013 and USD 125,000 in June 2014.Indias foreign exchange reserves touched a new life-time high at $322.135 billion in mid-January 2015. According to the report, Foreign funds had been pumping more and more dollars into Indian equities ever since Narendra Modis Government took charge in May.What is FOREX Reserve?In simple words, FOREX Reserve means deposits of a foreign currency held by a central bank. By holding the currencies of other countries as assets, it is possible for the Government to keep their currencies stable and reduce the effect of economic shocks. The Country which holds the highest FOREX Reserve is China. India stands Ninth position with the Forex Reserve of $322 Billion (As of Jan 2015). What is Remittance? Remittance is transfer of money by a foreign worker to a specific person in his/her home country. It is considered as the important financial inflow for developing countries. According to World Bank report, India remains in top position (since 2009) among all the recipient countries of remittances

What is a Non-Banking Financial Company (NBFC)? A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. A non-banking institution which is a company and has principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions or in any other manner, is also a non-banking financial company (Residuary non-banking company)

What is Private Banking?Banking services offered to high net-worth individuals. Private banking institution assists the high net-worth individual in investing his/her money in exchange for commissions and fees. The term "private" refers to the customer service being rendered on a more personal basis.

what is monetary policy? why it is declared?me- sir by declaring monetary policy, RBI controls the marketliquidity, it is declared 2 times a year and reviewed 4 times a yearand the governor has the full authority to declare it anytime. it isdeclared basically to change different rates and so as to control theliquidity.

MERCHANT BANKING Merchant banking is one of the fee based financial services which includes underwriting, consultancy and other allied services to the business concern. A merchant banking is one who underwrites corporate securities and advises clients on issue like corporate mergers. Merchant banking is basically service banking which provides non financial services such as issue management, portfolio management, asset management, underwriting of new issues, to act as registrar, share transfer agents, trustees, provide leasing, project consultation, foreign credits, etc. The merchant bankers may function in the form of a bank, financial institutions, company or firm.

Minimum Alternative Tax (MAT) A company is liable to pay tax on the income computed according to the provisions of the Income Tax Act, but the profit and loss account of the company is prepared as per provisions of the Companies Act.Provision of MAT has been introduced for the companies popularly known as the 'Zero Tax Companies'. These are the companies, which are showing book profits and declaring dividends to the shareholders, but are not paying any income tax. Book profit, means the net profit as shown in the profit and loss account. The company shall furnish a report in Form 29B after certifying it by Chartered Accountant that book profits have been computed in accordance with the said section. Under MAT, wherever the income tax payable on the total income of a company, in respect of any previous year, is less than the 'prescribed percentage of its book profits', such book profit shall be deemed to be the total income of the company and the tax payable on such total income shall be at the 'prescribed percentage of book profits', plus surcharge and education cess.Tax Credit for MAT:- As per Section 115JAA ,a tax credit is allowed,where a company pays MAT, against tax payable at normal rates in any of the prescribed subsequent assessment years.It shall be allowed on the difference between the tax on the total income and the MAT which would have been payable for that assessment year. Provision of MAT is not applicable to:-Income from the business of developing, maintaining, and operating certain infrastructure facilities Income from units in specified zones or specified backward districts Income of certain loss-making companies Export profits

Economics A social science that studies how individuals, governments, firms and nations make choices on allocating scarce resources to satisfy their unlimited wants.

Economics is the study of how individuals and groups make decisions with limited resources as to best satisfy their wants, needs, and desires.

Adam Smith: Economics is a social science that typically studies the production, distribution, and consumption of goods and services

Micro economics and macro economics

Economic theory can be broadly divided into micro economics and macroeconomics. The term micro means small and macro means large.

In microeconomics, we deal with problems such as the output of a single firm or industry, price, cost of a single commodity and spending on goods by a single household.

Macroeconomics studies the economic system as a whole. In it, we get a complete picture of the working of the economy. It is a study of the relations between broad economic aggregates such as total employment, saving and investment. We may also say that macro economics is the theory of income, employment, prices and money. That is why macroeconomics is sometimes studied under the title Income and Employment Analysis.

Elasticity of Demand The concept of elasticity of demand was introduced by Alfred

Marshall the elasticity (or responsiveness) of demand in a market is great or small according as the amount demanded increases much or little for a given fall in price, and diminishes much or little for a given rise in price.

Law of Demand The law of demand states that there is a negative or inverse relationship between the price and quantity demanded of a commodity over a period of time.

Law of Supply Law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other. In other words, when the price paid by buyers for a good rises, then suppliers increase the supply of that good in the market. There is positive relationship between price and quantity supply.

Marginal Cost:- the cost added by producing one extra item or unit of product .

Opportunity Cost:-the loss of other alternative when one alternative chosen .it is the cost of missed opportunity.

Monopoly

(Single Seller)

Duopoly

(2 Sellers)

Oligopoly

(A few sellers selling homogeneous or differentiated products)

Monopolistic competition

(Large number of sellers selling differentiated products)

Perfect Competition

(Large number of sellers selling homogeneous products)

There are several variations in inflation:Deflation :When the general level of prices is falling. This is the opposite of inflation.Hyperinflation :Unusually rapid inflation. In extreme cases, this can lead to the breakdown of a nation's monetarysystem. One of the most notable examples of hyperinflation occurred in Germany in 1923, when prices rose 2,500% in onemonth.Stagflation :It is the combination of high unemployment and economic stagnation with inflation. This happened in industrializedcountries during the 1970s, when a bad economy was combined with OPEC raising oil prices .In recent years, most developed countries have attempted to sustain an inflation rate of 2-3%.

Recession :A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters.Arecession is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline inthe housing market. A recession is generally considered less severe than a depression, and if a recession continueslong enough it is often then classified as a depression.

Depression :A depression is a severe economic catastrophe in which real gross domestic product (GDP) falls by at least 10%.A depression is much more severe than a recession and the effects of a depression can last for years. It is knownto cause calamities in banking, trade and manufacturing, as well as falling prices, very tight credit, low investment,rising bankruptcies and high unemployment.

Causes of inflation

Inflation is the result of two sets of factors:

Cost-Push Inflation

Cost-push inflation basically means that prices have been "pushed up" or increased by increases in costs of anyof the four factors of production (labor, capital, land or entrepreneurship).

(Aggregate supply is the total volume of goods and services produced by an economy at a given price level.)When there isa decrease in the aggregate supply of goods and services due to an increase in the cost of production, we havecost-push inflation. As a result, the increased costs are passed on to consumers, causing a rise in the general pricelevel (inflation).

Demand Pull inflation

A situation where the demand for goods and services rises faster than the supply of goods and services. This excess demandincreases the prices of the goods and services hence creating inflation. Can be simply said as Too much money chasing too few goods .Some factors that cause this demand pull inflations are excessive foreign investment, expansionary fiscal policy e.g increase in government expenditure), expansionary monetary policy( eg. Increase in money supply),easy access to credit , deficit financing and others

Some of the most important measures that must be followed to control inflation are:

1. Fiscal Policy: Reducing Fiscal Deficit:

Fiscal policy means how a Government raises its revenue and spends it. If the total revenue raised by the Governmentthrough taxation, fees, surpluses from public undertakings is less than the expenditure it incurs on buying goods andservices to meet its requirements of defence, civil administration and various welfare and developmental activities,there emerges a fiscal deficit in its budget. To check inflation the Government should try to reduce fiscal deficit. Itcan reduce fiscal deficit by curtailing its wasteful and inessential expenditure. In India, it is often argued thatthere is a large scope for scaling down non-plan expenditure on defence, police and General Administration and onsubsidies being provided on food, fertilizers and exports.

2. Monetary Policy: Tightening Credit:

Monetary policy refers to the adoption of suitable policy regarding interest rate and the availability of credit.Monetary policy is another important measure for reducing aggregate demand to control inflation. It affects the costof credit through interest rate. The higher the rate of interest, the greater the cost of borrowing from the banks. Other tools of monetary policy like SLR, CRR, Repo rate ,Reverse Repo rate, open market operations are used to control inflationin the economy by draining the liquidity from the market.

3. Supply Management through Imports:

To check the rise in prices of food-grains, edible oils, sugar etc., the Government has often taken steps to increase importsof goods in short supply to enlarge their available supplies. When inflation is of the type of supply-side inflation, imports are increased. To increase imports of goods in short supply the Government reduces customs duties on them so that their imports become cheaper and help in containing inflation.

4. Incomes Policy: Freezing Wages:

Another anti-inflationary measure is the avoidance of wage increases. When cost of living rises due to the initial rise in prices, workers demandhigher wages to compensate for the rise in cost of living. By freezing wages of the employee can helpful in controlling inflation.

Society for Worldwide Interbank Financial Telecommunications (SWIFT)

SWIFT is solely a carrier of messages. It does not hold funds nor does it manage accounts on behalf of customers, nor does it store financial information on an on-going basis.As a data carrier, SWIFT transports messages between two financial institutions. This activity involves the secure exchange of proprietary data while ensuring its confidentiality and integrity.

SWIFT, which has its headquarters in Belgium, has developed an 8-alphabet Bank Identifier Code (BIC). For instance HDFCINBB stands for: HDFC = HDFC Bank IN = India BB = Mumbai

Thus, the BIC helps identify the bank. A typical SWIFT instruction would read as follows:

Please remit [amount in US$] by wire transfer To HDFC Bank Mumbai Account Number V801-890-0330-937 with Bank of New York, New York [Swift code IRVTUS3N] for further credit to account number XXXXXXXXXXXXXX of Advantage-India Consulting Pvt. Ltd with HDFC Bank, Ghatkopar East Branch, Mumbai 400077, India HDFC Banks Swift code is HDFCINBBXXX Internationally, funds are remitted through such SWIFT instructions.

DIFFERENCE BETWEEN NITI AAYOG AND PLANNING COMMISSION

Financial clout

NITI Aayog - To be an advisory body, or a think-tank. The powers to allocate funds might be vested in the finance ministry

Planning Commission - Enjoyed the powers to allocate funds to ministries and state governments

Full-time members

NITI Aayog - The number of full-time members could be fewer than Planning Commission

Planning Commission - The last Commission had eight full-time members

States' role

NITI Aayog - State governments are expected to play a more significant role than they did in the Planning Commission

Planning Commission - States' role was limited to the National Development Council and annual interaction during Plan meetings

Member secretary

NITI Aayog - To be known at the CEO and to be appointed by the prime minister

Planning Commission - Secretaries or member secretaries were appointment through the usual process

Part-time members

NITI Aayog - To have a number of part-time members, depending on the need from time to time

Planning Commission - Full Planning Commission had no provision for part-time members Constitution

Niti Aayog - Governing Council has state chief ministers and lieutenant governors.

Planning Commission- The commission reported to National Development Council that had state chief ministers and lieutenant governors.

Organization

Niti Aayog - New posts of CEO, of secretary rank, and Vice-Chairperson. Will also have five full-time members and two part-time members. Four cabinet ministers will serve as ex-officio members.

Planning Commission - Had deputy chairperson, a member secretary and full-time members.

Participation

Niti Aayog- Consulting states while making policy and deciding on funds allocation. Final policy would be a result of that.

Planning Commission- Policy was formed by the commission and states were then consulted about allocation of funds.

Allocation

Niti Aayog- No power to allocate funds

Planning Commission- Had power to decide allocation of government funds for various programmes at national and state levels.

Nature

Niti Aayog- NITI is a think-tank and does not have the power to impose policies.

Planning Commission- Imposed policies on states and tied allocation of funds with projects it approved.

DBTL

Direct Benefit Transfer for LPG consumer (DBTL) is the scheme aimed to improve the subsidy administration of LPG across the country. As per this scheme an LPG consumer will get his/her cylinder at full market price (excluding VAT) and the differential between subsidized price and full market price i.e. the subsidy will be transferred to his/her bank account.

How will it work: the consumers account would be credit with Rs 568 as one-time advance, while he books his first refill starting January 1. The mechanism would be similar to buyers of Indane, Bharat orHP Gas. Post the one-time advance, every time a refill is delivered thesubsidy amount will be credited to the bank account linked with LPG connection. For instance, in the national capital, after the one-time advance of Rs 568, consumers would be credited with another Rs 393.50 (which changes every month) for every domestic refill delivered. He willhave to shell out another Rs 417/cylinder from his pocket and pay Rs 810.50 to the cylinder delivery person. This will be valid for 12 subsidised refill quota for every consumer. The consumers need to register bank account with dealer, Aadhar is not mandatory.

*Self-help group is a method of organising the poor people and the marginalized to come together to solve their individual problem. The SHG method is used by the government, NGOs and others worldwide. Take the example of the Grameen Bank of Bangladesh, it is a people bank formed by the poor to provide easy loans for themselves. The poor collect their savings and save it in their own banks. In return they receive easy access to loans with a small rate of interest to start their micro unit enterprise. Thousands of the poor and the marginalized population in Bangladesh are building their lives, their families and their society through Self help groups. The 9thfive year plan of the government of India had given due recognition on the importance and the relevance of the Self-help group method to implement developmental schemes at the grassroots level.

***SOCIO ECONOMIC CHANGES THROUGH SHGs __

Villages are faced with problems related to poverty illiteracy, lack of skills health care etc. These are problems that cannot be tackled individually but can be better solved through group efforts. Today these groups known as Self help groups have become the vehicle of change for the poor and marginalized.

***WHAT ARE SHG__

1.SHG is a development group for the poor and marginalized

2. It is recognised by the government and does not require any formal registration

3.The purpose of the SHG is to build the functional capacity of the poor and the marginalized in the field of employment and income generating activities

4. People are responsible for their own future by organising themselves into SHGs

GUIDING PRINCIPLES FOR FORMTION OF SHGs___

The strong belief by the individual to bring about change through collective efforts__

1. Effort is built on mutual trust and mutual support

2. Every individual is equal and responsible

3. Every individual is committed to the cause of the group

4. Decision is based on the principles of consensus

5.The belief and commitment by an individual that through the group their standard of living will improve

6.Savings is the foundation on which to build the group for collective action.

**MEMBERSHIP__

An SHG shall have a membership of not less than 10 persons or more than 20.

1. Members should reside in the same village

2.Membership should be based on affinity

3.The groups could be mixed /male or female

4.The members of the groups should preferable be from the low-income group.

A limited company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. The former may be further divided into public companies and private companies.

Offshore Company is then a company incorporated for the purpose of operating outside the country of its registration and/or the place of residence of its directors, shareholders and beneficial owners. Again, this is typically pursued to realize various financial, legal or tax benefits.

Difference between Master & Mastro Cards In India the default card issued from almost all banks are the Maestro cards. All nationalized banks including SBI Group of banks does the same. Maestro cards are useful to use for simple debit card usage like withdrawing money from atms. paying bills etc, but their transfer of funds is severely restricted and as such Maestro cards can not be used for Online Shopping, On-site bill payment etcMasterCard Debit Card in turn facilitates transfer of funds in very dynamic manner. It is accepted all across the globe and can be used to different purposes like On Line and Retailer shopping. A MasterCard can be used wherever a MaestroCard can be used, Hence MasterCard is much more preferable than Maestro CardsMasterCards are only issued to customers who specifically request for it. If you are presently own a Maestro Card and wants to get a MasterCard you will have to surrender your existing card to your bank and apply specifically for a new MasterCard.Major banks in India may charge you a little if you are applying for a MasterCard. At present it is around Rs100

MOA vs. AOA

MOA and AOA stand for memorandum of association and articles of association respectively and are important source of information for shareholders and other stakeholders in a company that has been duly incorporated. These are documents that are necessary at the time of formation of a company and must be deposited with the registrar of companies who approves the incorporation of the company. Though there are similarities, there are differences between MOA and AOA that need to be highlighted for the benefit of all those who are stakeholders in a company or are potential investors as these documents reveal a lot about a company.

MOA

MOA is the document that reveals the name, registered office address, aims and objectives of the company, clause about its limited liability, share capital, minimum paid up capital etc. MOA also gives information about its first shareholders including the number of shares subscribed by them. MOA is one document that tells people all about the company and its relationship with the outside world. Though it is essential to submit MOA with the registrar when a company is being formed, it does not find mention in the constitution of the company. Subsequent to an amendment added in 2006 Companies Act, it is no longer mandatory to include the details about name, address, objectives and first shareholders names. Hence there is no restriction upon a company to engage in a particular business.

AOA

Articles of Association, also simply referred to as Articles, are necessary to be submitted during incorporation of a company with the registrar of companies. When Articles are taken in conjunction with MOA, they form what is called as the constitution of the company. Though there are differences in these articles as to their requirements in different countries, in general AOA is a document that provides following information about the company.

The manner in which shares have been distributed along with voting rights attached with different classes of shares

Estimate of intellectual property rights

The list of directors with shares allotted to each

Schedule of the meetings of the board of directors along with the quorum required with percentage of votes with directors

Chairmans special voting rights and the manner in which he is elected

How profits are distributed through dividends

How the company can be dissolved

Secrecy of know-how and how it is managed

How shares can be transferred, and so on.

Difference Between MOA and AOA

As can be seen with the above discussion, both AOA and MOA are important documents that are necessary to be submitted with the registrar at the time of incorporation of a company

MOA is the Charter of the company that outlines the nature of the business, aims and objectives whereas AOA outlines the rules and regulations for internal management in doing the business.

While MOA is a must for all the companies, AOA is not so; its not a must for companies limited by shares to have its own AOA

MOA is the supreme document for a company AOA shall not violate MOA

Alteration of MOA is restricted while AOA can be altered through a special resolution

Though both AOA and MOA reveal information about the company, it is AOA that is of particular interest for shareholders and potential investors

Taken together MOA and AOA are referred to as Constitution of the company.

Under Section 2(28) of the Companies Act, 1956 the Memorandum means the memorandum of association of the company as originally framed or as altered from time to time in pursuance with any of the previous companies law or the Companies Act, 1956. CH Compulsory Compulsory Forr Fo Registration Registration A RT ER o Co n r stitu of th tion e co . 2

3. CONTENTS OF MEMORANDUM OF ASSOCIATION 3

4. 1. Name Clause[ section 13(1) (a)] PUBLIC CO. LIMITED PRIVATE CO. PVT LIMITED The company is free to choose any name but it must not be undesirable or must not resemble the name of any other registered company 4

5. E OF TH E ION OCAT ED OFFIC L ER EGIST R FOR RESS DD IA L A N OFFIC GISTRATIO RE CO ND R E SA BOOK KEPT. RDS 5

6. An important clause Must be very drafted carefully; Determines the activities of the company. In it each and every detail of activities of the business to be carried out must be laid down. 6

7. Ancillary or incidental to attainment of main objective Main Object To Be Pursued For Incorporation Covers those objectives not covered under main objects 7

8. This clause states the nature of liability of the members of the company .in the case of a company limited by share or by guarantee the fact that the liability of its members is limited must be made absolutely clear . In case of a company limited by shares the liability of a member is limited to the nominal value of the share held by him .if the share are fully paid up his liability is nil. But in case of partly paid-up shares the liability is limited to the amount which is unpaid. In case of a company limited by guarantee ,the liability clause must state the amount which every member undertakes to contribute to the assets of the company in the event of its winding up 8

9. This clause states that amount of the capital with which the company is to be registered .this clause should also state the number and face value of shares into which the capital of the company is divided The capital with which the company is registered or nominal or authorized 9

10. The association clause states in this cause , the subscribes declare that they desire to be formed into a company and agree to take the shares stated against their names .the names ,address and occupation of the subscribers must be given each subscriber must sign in the presence of at least 10

11. 11 Husband and wife, Niraj and Seema Mishra, based in Mumbai, are forming a company. They want a short name for the company with their surname in it. The company is being formed to run a restaurant. They project they would need 20 lakhs as the capital of the company. Immediately, the husband would contribute Rs. 2,00,000 to the share capital of the company and wife Rs. 10. Mr. Mishra hopes to find others, after the company is formed, to take the shares of the company. They also contemplate occasionally hiring out the car they would buy for the company. Develop a Memorandum of Association for the Company.

12. I . The name of the company is Mishra Private Limited II. The registered office of the company will be situated in the state of Maharashtra. III. The objective for which the company is begin established are as follows: a. Main object: running of restaurants b.Ancillary object : opening bank accounts, hiring premises an running of bakery c. Other objects: Hiring out of vechicles 12

13. IV. The liability of the members is limited v. The authorized share capital of the company is RS.20,00,000,divided into 2,00,000 S.NO Name & Addresses description & occupation of subscribers No . Of equity Signature shares taken by of each subscriber subscriber Name / addres s descrip tion and occupa tion of witness 13

14. ALTERATION OF NAME CLAUSE Special Resolution. Written Approval of Central Government. No Approval of Central Government is necessary if the change of name involves only the addition or deletion of the word Private. Change by ordinary resolution and approval of Central Government when name is identical or too closely resembles the name of an existing company. 14

15. CHANGE OF REGISTERED OFFICE From one premises to another premises in the same city, town or village By passing a resolution of Board of Directors 15

16. CHANGE OF REGISTERED OFFICE From one town or city or village to another town or city or village in the same state 1. Special Resolution. 2. Confirmation of Regional Director when jurisdiction of Registrar of companies is changed. 3. Copy of (i) & (ii) to be filed with ROC. 4. Notice of new location to ROC within 30 days. 16

17. CHANGE OF REGISTERED OFFICE From one state to another state 1. Special Resolution 2. Confirmation of Central Govt. 3. For certain Purposes only (As given in section 17) 17

18. ALTERATION OF OBJECTS CLAUSE A. Special Resolution B. Alteration is sought on any of these grounds: To carry on its business more economically & more efficiently To attain its main purpose by new or improved means To enlarge or change the local area of its operations To carry on some business which under existing circumstances may conveniently or advantageously be combined with the business of the company To restrict or abandon any of the objects specified in the memorandum To sell or dispose off the whole or any part of the undertaking To amalgamate with any other company C. Copy of (A) is filed with ROC within 30 days 18

19. ALTERATION OF LIABILITY CLAUSE The liability of a member of a company cannot be increased unless the member agrees in writing. From unlimited liability, it can be made limited by re-registration of the company. 19

20. ALTERATION OF CAPITAL CLAUSE A company can reduce share capital by first passing a special resolution for reduction of capital .but powers to reduce share capital must be guaranteed in the articles of the company ,otherwise the share capital can be altered by special resolution giving such powers The company can apply to the court by petition for getting confirmation from the court for reducing the share capital . The main duty of the court is to look after the interest of the creditors and different classes of shareholders , and then decide whether the company should be allowed to reduce share capital . 20

21. DOCTRINE OF ULTRA VIRES The words : Ultra means beyond Vires means the powers Ultra Vires means beyond the powers A company which owes its incorporation to statutory authority cannot effectively do anything beyond the powers expressly or impliedly conferred upon it by the statute or Memorandum of Association. 21

22. Adocument that specifies the regulations fora company'soperations.The articles of association define the company's purpose and lays outhow tasks are to be accomplished within the organization, including the process for appointing directors and how financial records will be handled. 22

23. The important Powers, duties, rights and liabilities of Directors Powers, duties, rights and liabilities of members Rules for Meetings of the Company Dividends Borrowing powers of the company Calls on shares Transfer & transmission of shares Forfeiture of shares Voting powers of members 23

24. Unlimited Companies: The Articles of such a company must state: Total number of members; and Share capital. Companies limited by Guarantee: Articles of such company must state total number of members.

25. Private Companies limited by shares: must include requirements of Section 3(1)(iii). No Article Company A public limited company having share capital may be registered without Articles.

26. Ultra Vires = = Beyond Power Beyond the Power Objective-To protect the investors interests 26

27. 27

28. Ultra vires the directors Ultra vires the articles Ultra vires torts committed by employees of the company 28

29. Articles may be altered by a company by passing special resolution at a general body meeting of shareholders

30. According to Section 610, every person dealing with the company is deemed to have read M/A and A/A and understood the contents thereof in the correct perspective. Doctrine of Indoor Management Rule of Indoor Management is an exception to the Doctrine of Constructive notice.

31. Memorandum of Association Articles of Association Charter of Company Regulations for internal management Defines the scope of the activities Rules for carrying out the objects of company. Supreme document Subordinate to the memorandum. Must for every company Company limited by shares need not have it (Table A applies) Strict restrictions, alteration only with sanction of central govt./ tribunal. Can be altered by special resolution. It define the relationship between the company & the outsiders It define the relationship between company & its staff and between members & members interests

1. Introduce yourself in one minute

2. Define yourself in one word

3. Describe yourself briefly

4. Meaning of your name, who named you and why?

5. Do you have any namesake?

6. What is your father and his job profile?

7. What is your family background?

8. Where do you come from?

9. Tell me about your native place/city/ state and it is famous for what?

10. What are your hobbies and interest?

11. If you do not succeed this time, what will you do?

12. What is your educational background?

13. Tell me something about your achievements?

14. Any extra-curricular activity pursued by you?

15. Why do you want to join Banking sector?

16. What qualities should one possess to be a Bank P.O.? Do you think you have these qualities?

17. Who is the founder of this Bank?

18. When was this bank nationalized?

19. What is the current financial position of bank?

20. Name the person who inspired you the most?

21. How is your subject helpful in banking sector?

22. Why is there a gap in your studies?

23. What are your strong and weak points?

24. As a student of Science/Art/Commerce, why didnt you go for higher studies?

25. Newspapers and magazines that you normally read? Name the Editor of Newspaper?

26. Why should we select you?

27. Why do you want to be a P.O.?

28. What is your idea of life?

29. What is the importance of hobby in our life?

30. Where you see yourself after 10 years ?

31. Have you cleared any exam earlier?

32. What will you do if you dont get selected?

33. What does your mother do or whether she is a house wife or in a job?

34. Where did you spend your childhood?

35. Why dont you join your family business?

36. There is a gap in between graduation and P.G. Why?

37. Why is there a great variation in marks between class 10th, 12th and Graduation?

38. What is the use of your subject in this sector?

39. What is the use of your subject in life?

40. How do you correlate your subjects with Banking?

41. Why didnt you continue your studies?

42. Your subjects are related with IAS, PCS. Then why are you here?

43. From which college/univeristy have you completed your graduation?

44. What are the specialities of the schools/colleges from where you have acquired education?

45. Why have you switched to Arts stream from Science stream or vice versa?

46. These days the use of computer is increasing in the banking industry. Since you dont have the knowledge of computers, how will you perform your job satisfactorily?

47. You have done MCA then why d ont you go for technical post?

48. What is the motto of your college/university?

49. You have written in your bio data N.A. What is this?

50. What are various types of risks a bank faces (Most important) This question is asked in almost every PO or Clerk interview.

51. What is CIBIL ?

52. What are NPA

53. What is Credit Rating ?

54. What is KYC and what's it's purpose ?

55. What is thedifferencebetween NEFT and RTGS ?

56. What kind of services a bank provides ?

57. What is mutual fund ?

58. What are various types of mutual fund ?

59. Which is the safest type of mutual fund ?

60. Which is the safest investment ?

61. What is value of Sensex, Gold, Dollar, Sterling Pound right now (Must read newspaper on the interview day)

62. If I give you Rs 10 lacs, what will you do with this money (Your answer should be - I will buy a house or I will pay off my education loan. Never say that I will start my business or something like that. It will be a deal breaker answer)

63. In case you get the job and you get the posting in Kerala or Bihar, will you join (Say yes with confidence)

64. Why we should give you this job ?

65. Why you want to work in a bank ?

66. Name all kinds of investments under section 80(c).

67. Return on which investments are tax free under section 80(c) of income tax act (Ans - PPF)

68. Which tax brings highest revenue to central government (Ans - Corporate tax , get details here)

69. What is marginal accounting ?

70. What is NPV (Net Present Value)

71. What is small service provider ?

72. What is the last date to pay Advance tax ?

73. How often we need to fill service tax return

74. What is rate of VAT on education books (Ans -These are tax free)

75. What are swaps and options ?

76. What is porter model

77. BCG matrix

78. What are angel investors ?

79. What are Cash Flows

80. What is a stock index ?

81. How the value of Sensex is calculated ?

M1- From where u r coming- replied

M1-Whats your father do- replied M1-Where u given the exam-repliedM1-What u have done- MBA Marketing and FinanceM1- So u done MBA long back what u did in all years- replied doing job and after exams giving for bankingM1-which exams u given-replied PO2- Clerk-2(Waiting) RRB Po- no call again.M1- So clerk-2 students still in waiting replied yes sir.. Than say okk no problemM1-So Mr gupta what u have prepare for interview expect banking terminology replied banking marketingM1- Be specific. Dnt hesitate replied money market capital market anything in banking and marketingM1-So what is Public sector Company- repliedM1- So what is Public limited company and how many maximum director- replied no max limit and the company who listed in market is called public ltd company.M2- R u sure- public ltd company must be listed in market- replied yes sir-M1- it means those company not listed are not public- replied yes sir.. looking all to my face I dnt knw whyM1- Reliance is pvt ltd or public- replied sir its public ltd.M1- Why public. Uska owner to mukesh hai.. wo tho uski company hai..public ku hue-replied sir no promoter has its 100% sharholding if its listed in market now public having shares so they also have right and some ownership. M1- whats the process for making public ltd.-replied..by IPOM1- Whats is IPO- replied with full form M1- whats the process of IPO- replied through sebiM1- Pvt company can listed in market or not- replied with confusion sir not necessary.M1-What is Certificate of Incorporation and certificate of Commencement replied bothM1-Is both certificate necessary for both companied pvt and public- replied yes sir.M1-Who issues the certificates Replied ROC under MCAM1- Whats is ROC and MCA- replied M1- Who sign the certificate- confuse I am..this time I said I am not sure sir but I think ROCM1-ROC tho nahi karta hai replied.. sir sorry I knw that much only that ROC sign ..Said okkM1- why not Minister not sign the certificate- sir its the job of dept. ministry look after only. In last after this more than 15 mints discussion they said Sumit.. U must Increase ur Knowledge more as u r finance and commerce personkal ko kisi bade jaghe work karogee tho kese chal payega I said.. I will sir than

Indirect Tax These are those taxes, which have their primary burden or impact on one person. But that person succeeds in shifting his burden on to others.Indirect taxation is policy often used to generate tax revenue. Indirect tax is so called as it is paid indirectly by the final consumer of goods and services while paying for purchase of goods or for enjoying services.

Examples :

Direct Tax

Indirect Tax

Personal Income Tax

Excise Duty

Corporation Tax

Custom Duty

Wealth Tax

Sales Tax

Gift Tax

Service Tax

Land Revenue

Value Added Tax

Profession Tax

Passenger Tax

Stamp Duty and Registration Charges

Entertainment Tax

Securities Transaction Tax

Electricity Duty

Banking Cash Transaction Tax

Motor Vehicles Tax

The Tax Structure in India

India has got quite developed and simplified tax structure. It contains 3 tiers, those are

1. The Union Government

2. The State Government

3. The Rural and Urban Local Bodies or Municipal Jurisdictions

these three tiers are empowered with the imposition of the different duties and taxes, which are prevalent in the country. The Central Government is mainly responsible for levying Income Tax. However, they do not impose taxes on the income that is earned from agriculture. The agricultural income tax can be imposed by the government of a respective state.

Major Changes in Tax Structure in India

Since the year 1991, the Indian tax system has undergone some major changes. These changes were made in accordance with the country's W. T. O. commitments as well as the liberal financial policies. Some of the major changes in the structure of taxation in the nation are as follows:

Lowering the tax on corporate income

Reduction in the rate of excise duties as well as custom duties. Custom duty was reduced from the rate of 220 % in 1991 to 30 % in 2002.

Widening the base of tax

Toning up the administration of taxation

Some of the Important interview questionss for upcoming PO interviews:

1) What is Moral policing, what is kiss-of-love movement..?2) Why Modi visiting several countries frequently..? Don't you think it is unneccessary..?3) Why MOM is neccessary for us..? Without that we can't eat or what..?4) Increase in E-Commerece is good or bad..? If good, why retailers doesn't like them..? (P.S.: Through Retailers, Govt. earning more money)5) Recently 1 cricketer died of bouncer, what was your feeling..? Bouncers should be banned..?6) Why Planning Commission Abolished..?7) Who is Bodo militants..? Why they were in News..?8) What is wrong with Rahul gandhi..? Why he is not as famous as Modi..? (General Elections prospect)

#CrackPO-2

1) Why is the insurance bill so important..?2) The right to fair compensation and transparency in land acquisition, rehabilitation and resettlement Bill 2012..?3) What is article 370, and why it was in news..?4) What is coalgate scam..? And how it leads to e-coal auction..?5) Tell me some success stories of ISRO in 2014..?6) What do you think about plane crashes..? Who have to be blamed..? Aviation Industry or Private Airlines..? Why Government not takeover all private airlines and airports..?7) What do you know about ebola outbreak..? Tell me some symptoms..?8) Do you really know about Kailash Satyardhi before he took Nobel..? He deserves it or not..?

#CrackPO-3 #HR

1) Tell me about yourself..?2) About your family, your native place, your name meaning..?3) Famous tourist spots near by your village/city, industries..?4) How much income your family will get per month and how many members earning, how much your family saved..?5) If you are going to be posted in remote area or naxal affected area, will you work with us..?6) How Pay Scale will decide one person's capability..?7) One day, you were in Delhi participating in a very important meeting with your bank's higher officials, suddenly you came to know that some close relative to you expired, what will you do..?8) If one customer comes to your branch daily for asking the same doubt again and again, how will you solve..?9) Senior citizens are necessary for us or can we ignore them..?10) Participating in political discussions will not give you knowledge, is it true..?11) Why do you want to work with us..? Why don't you try in your core sector..?12) Why you put XXXXX bank as first preference in your application, what is so special in it..?13) Tell me your google drive password..?14) Do you have girlfriend/wife or boyfriend/husband..? If yes, he/she cooperate with you if you get frequent transfers..? How will you convince them..?15) Why Public Sector People always wants hikes..?16) If Modi given a chance to you to remove one among Cabinet Ministers, whom should you remove and why..?

#CrackPO-4 #Finance (All Basic Banking Definitions should be prepared thoroughly)

1)Difference between FDI and FII..?2) What is Sensex, what is Nifty..?3) Difference between Cheque and DD..?4) NBFC..? Difference between Banks and NBFC..?5) What is KYC..? Is it really useful to restrict Black Money, how..?6) Demat account..? Shares, brockers, bullion market..?7) RBI, SBI, NPA..?8) What is meant by willful defaulters..? Who displays this and why..? What are the effects of being declared as willful defaulter by them..?9) Money spent on PMJDY for ad's was waste or useful..?

What is IPO ?

1) What is SEZ?

2) What is LAF ?

3) What is FII ?

4) What is ECGC?

5) What is CASA?

6) What is Liquidity?

7) Functions of RBI?

8) What is NABARD?

9) What is KYC Form?

10) Types of customers?

11) What is Fund Flow?

12) Full from of CORE?

13) What is VAT, MAT?

14) What is Balance Sheet?

15) What is Mutual Fund?

16) Credit Rating Agency?

17) IT products in Banking?

18) What is Plastic Money?

19) Why NPA is increasing?

20) What is Demat account?

21) What is social Banking?

22) What was SBI old name?

23) What is break even point?

24) What is Money Laundering?

25) What is Deficit Financing?

26) What is Financial Inclusion?

27) What is CTS? How it works?

28) Debit Card with drawl limit?

29) Who is the regulator of banks?

30) Types of Account in Bank ?

31) Who Signs on Bank Notes?

32) Who Signs on Re 1 note?

33) What is recurring deposits?

34) What is growth in Economy?

35) What is current Bank Rate?

36) What is merchant banking?

37) Who is the chairman of SBI?

38) Saving Account Interest Rate?

39) What is Zero Based Budgeting?

40) What is FMC? Who controls it?

41) Is there an ATM without a PIN?

42) What is the full form of ATM?

43) What is IMF? Its role and HQ?

44) Types of ID and address Proof.

45) Have you heard about Micro ATM?

46) Why does NPA hurts bank most?

47) What is SLR? Why RBI uses it?

48) Who does open a Demat account?

49) What do you know about Banking?

50) How money come to government?

51) What is Tapering? What is LIBOR?

52) Who are banking correspondent ?

53) Difference between Cheque and DD?

54) What is definition of Private Bank?

55) What is meant by Paperless Banking?

56) Difference between GDP and GNP?

57) Inflation Index Investment Scheme

58) Various Insurance provided by banks?

59) How does banking help to economy?

60) Types of Share? Who is LIC chairman?

61) Who introduced Financial Inclusion?

62) Do you know about SHG? Explain it.

63) What would you do to recover NPA?

64) What can India do to increase Exports?

65) What is the role of Manager in a Bank?

66) What Govt has done to reduce imports?

67) How RBI controls the Foreign Reserve?

68) Difference between NEFT and RTGS?

69) How rupees value getting depreciated?

70) What is CAD-Current Account Deficit ?

71) What are Demand and Time Liabilities ?

72) How many nationalized banks are there?

73) Difference between Sales and Marketing?

74) Difference between IDBI and IDBI Bank?

75) Difference between World Bank and IMF?

76) Tell me major software used in Banking.

77) What documents bank demand for KYC?

78) What is Disinvestment? What is Fiscal Deficit?

79) Can RBI issue as much currency as it wants?

80) What will happen if a cheque is not crossed?

81) What is Planning Commission? How it functions?

82) Tell me something about Swavalamban Scheme.

83) What is ATM? Tell me the technical definition.

84) What is appreciation and Depreciation of Rupee?

85) Who control the working of Bank and How ?

86) What is difference between Credit and Debit Card?

87)

88) What is Capital Market? What is Money Market?

89) What is CBS? Which Software are used in CBS?

90) What is the Significance of Bhartiya Mahila Bank?

91) Section under which there is Tax Benefit 80(C)

92) What was the aim behind nationalization of Bank?

93) What is crossed Cheque? What is bare Cheque?

94) What is Credit Certificate? What is nomination?

95) What are the uses of Internet Banking? Is it secure?

96) Do you know about AADHAR Card? Tell its purpose

97) What is RBI? Does it regulate Co-operative bank also?

98) What is Inflation? Types of Inflation? Why it happens?

99)

100) What is NPA? Types of NPA ?

101) What is SARFAESI Act?

102) What is NRO account? Different types of NRO account .

103) What is a bank? What is Banking? What is Finance?

104) Difference between Money Market and Capital market?

105) Difference between Saving account and Current account?

106) What is difference between RRBs and Normal Banks?

107) What is Reverse Repo rate ? Current Reverse Repo Rate?

108) Current Rates- Bank Rate, Repo Rate, CRR, SLR and MSF

109) What are the problems people facing in Public Sector Bank?

110) Tell me different types of regulators in Financial Sector.

111) Difference between Fiscal Policy and Monetary Policy?

112) Who regulates Insurance Sector? Where is its headquarter?

113) Who is nominee in bank account? Can minor be a nominee?

114) If you are posted to Haryana Rural area, Will you work there?

115) What is Base Rate? Whether it vary from bank to bank or not ?

116) What are the measures to control depreciation of money?

117) How many deputy governors are there in RBI? Who are they?

118) If bank already maintain CRR, then what is the need of SLR?

119) Full form of ICICI? Difference between ICICI and ICICI bank?

120) As a bank employee what should we want to do for bank?

121) In Educational Loan, Is there any need of Collateral Security?

122) Who is banking ombudsman? How much is the money limit?

123) Why PSBs give 4% Interest rate while Private Sector bank 7-8% ?

124) Who regulates Share Market? Where is its headquarter? Chairman?

125) What is difference between Primary Market and Secondary Market?

126) What changes took place in banking sector after Independence?

127) What is FPO? If IPO has already issued then what is the need of FPO?

128) What is SENSEX?

129) How many Stock Exchanges in India? Their Index?

130) If a person doesn't have proper proof, How will you open an account?

131) Tell me two analogies and difference between Post Office and Bank?

132) Why women are favoured more than men while granting loan to SHGs?

133) Tell me name of 2 Public and Private Sector bank, whose head is a woman?

134) When did the Nationalization of Bank happen ? Who was the PM then? Year ?

135) Tell me What is CRR and how RBI uses this as a tool for various purposes?

136) What is Priority Sector? Tell me something about Priority Sector Lending.

137) If you want to withdraw money from FD, Can you do it before maturity period?

138) Have you heard about CSR? Tell me two companies which are following CSR?

139) We have several banks in India they what is the need of Bhartiya Mahila Bank?

140) Do you have bank account? If Yes, then in Which bank? Which type of account?

141) You have taken Loan for your Education ? Tell me the Limits of Loan in education.

142) When RBI borrows from other banks, then Money in the market Increases or Decreases?

143) How can an illiterate person use card if he does not know how to use it and enter the pin?

144) What is National Income? Who manage it ? Income of Housewife is counted in it or not ?

145) You said RBI controls monetary Policy...but when Govt passes Budget what is the need of it ?

) Expand 'NITI' in NITI Aayog? - National Institution for Transforming India

2) Who heads the NITI Aayog as its chairperson? - Prime Minister of India

3) Government had announced formation of NITI Aayog on? - 1 January 2015

4) What is the structure of Governing Council of NITI Aayog? - Chief Ministers of all the States and Lieutenant Governors of Union Territories

5) Who appoints the Vice-Chairperson of Vice-Chairperson? - Prime Minister

6) What is the composition of Part time members in NITI Aayog? - Maximum of 2. They will from leading universities research organizations and other relevant institutions on a rotational basis.

7) What is the composition of Ex Officio members in NITI Aayog? - Maximum of 4 members of the Union Council of Ministers to be nominated by the Prime Minister.

8) Who was recently appointed as the Vice Chairperson of NITI Aayog? - Arvind Panagariya

9) Who are the present Ex-Officio Members of NITI Aayog? - Rajnath Singh, Arun Jaitley, Suresh Prabhu and Radha Mohan Singh

10) Who are the present Special Invitees of NITI Aayog? - Nitin Gadkari, Smriti Zubin Irani and Thawar Chand Gehlot

11) Who are the present Full-time Members of NITI Aayog? - Bibek Debroy & V. K. Saraswat

12) Who was recently appointed as the CEO of NITI Aayog? - Sindhushree Khullar

Trick to remember International organizations

their headquarters the topic often repeated in Exams,Here we go---

A) Remember terms "[ *W_O & I_O* ]"---*GENEVA, SWITZERLAND*

================================================

If any organization *starts *with "*WORLD / INTERNATIONAL* & *ends *with

*ORGANIZATION *their headquarters in Geneva,Switzerland..

*[ W_O]*

-----------

1)*WORLD *Intellectual Property *ORGANIZATION *[ *W*IP*O* ]

2)*WORLD *Health *ORGANIZATION *[ *W*H*O* ]

3)*WORLD *Meteorological *ORGANIZATION *[ *W*M*O* ]

4)*WORLD *Trade *ORGANIZATION *[ *W*T*O* ]

*[I_O]--[ Except IMO ]*

-------------------------------

5)*INTERNATIONAL *Labour *ORGANIZATION *[*I*L*O* ]

6)*INTERNATIONAL *Committee for Red Cross *ORGANIZATION *[ *I*CRC*O* ]

7)*INTERNATIONAL *Standardization *ORGANIZATION *[ *I*S*O* ]

8) United Nation Conference on Trade And Development [UNCTAD]

Name Starts With International and End with Organization Except IMO

their headquarters in Geneva,Switzerland Whereas IMO[International

Maritime Organization ] head quarter in LONDON , UK [ see below trick

for London Organizations ]

ISO[ International Organization For Standardization ] For our

Convenience i exchanged words in NO.7

B) Remember term *I AM COMMON *man in---*LONDON*

=========================================

9) *I* for International Maritime Organization [ IMO ]

10) *AM *for AMnesty International

11)*COMMON WEALTH *of Nations

12)*COMMON WEALTH *Telecommunication Organisation

C) *WASHINGTON DC*

=================

Any Organisation related to International Money Monetary Organisation

their Headquarters in WASHINGTON DC We have Two International Money

Monetary Organisations they are *IMF & WB*

13) International Monetary Fund [ IMF ]

14) World Bank [ WB ]

D) Remember term *INDUSTRIES *like *ATOMIC & PETROLEUM---VIENNA AUSTRIA*

======================================================

If any organization related to*Industrial Development *like *Atomic &

Petroleum* their headquarter in *Vienna, Austria *They are

15)United Nations *INDUSTRIAL *Development Organization [ UNIDO ]

16)International *ATOMIC *Energy Agency [ IAEA ]

17)Organization of the *PETROLEUM *Exporting Countries [ OPEC ]

E) Remember term *UN CHILD EMERGENCY* in *NEWYORK*

============================================

18) *UNITED NATION* Organization [ UNO ]

19) *UNITED NATION *International *CHILDREN EMERGENCY* Fund [ UNICEF ]

F) Remember term*ECONOMIC & EDUCATIONAL* in *PARIS*

============================================

If any organization related to*Economic & Educational* their headquarter

in *PARIS*

20) Organization for *ECONOMIC *Co-Operation Development [ OECD ]

21) United Nations *EDUCATIONAL*, Scientific and Cultural Organization [

UNESCO ]

*G)SINGLE HEADQUARTER ORGANIZATIONS*

===================================

22) *ASIAN *Development Bank [ ADB ]--*MAN*ila, Philippines [ *ASIAN

MAN*ila ]

23 ) Association of South East Nations [ *ASE*AN ]-- *JAK*arta,

Indonesia [*ACE JACK* ] --Remember Playing cards

24) *FOOD *Agriculture Organisation [ FAO ]--Rome, *IT*A*LY* [ *FOOD IDLY* ]

25) International *COURT *of *JUSTICE*-- The *HAGUE*, Netherlands [

Remember *COURT *given *JUSTICE HA*N*GUE *]

26) South Asian Association For Regional Cooperation [ SAARC

]--Khatmandu, Nepal