ibpsguide- the hindu analysis...foreign portfolio investment is the entry of funds into a country...
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IBPSGUIDE- THE HINDU ANALYSISInterrogative version (May 04st 2018)
WHEN ??
WHAT ??
WHY ??
WHOSE ??WHERE??
HOW ??
WHICH ??
WHO ??
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•Wipro set plant on China
NATIONAL
•Supreme Court rejected Atrocity Act
•PM Busy in Karnataka.
•GST simplifying return filing
•Firms to provide FPI data to by May 15•No input tax credit
for Krishi cess•
•Kohli officially signs for Surrey
•Types of Demand Deposit
INTERNATIONAL
STATEBUSINESS
SPORTS
BANKING TERM
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•New snake found in Western Ghats
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Azim Premji, M.H. Hasham Premji are the founder of Wipro.
Who is the founder of Wipro?
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The Scheduled Castes and Tribes (Prevention of Atrocities) Act, 1989, or the SC/ST Act protects the marginalised communities
against discrimination and atrocities.
Where is Atrocities Act?
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Tamil Nadu And Karnataka are the two state involved in Cauvery dispute
Which two state involved in Cauvery dispute?
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Bhupathy’s shield tail is the latest addition to the snake fauna of the Western Ghats.
What is the name of snake found in Western Ghats ?
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1 CGSTCGST is a Central Goods and services tax. It is applicable on suppliers dealing withinthe state. Taxes which are collected will be shared with the central authority body.2 SGSTSGST is a state Goods and services tax. It is applicable to suppliers who dealingwithin the state. Taxes which are collected will be shared to state authority body.3 IGSTIGST stands for an Integrated Goods and services tax. It is applicable to supplierswho dealing interstate business and import transaction. Taxes which are collectedwill be shared to central and state authority body.4 UTGSTIf the transaction is related to any union territory (Andaman and Nikobaar Island,Lakshadweep, Dadra and Nagar Haveli, Daman and Diu and Chandigrah)
What are the types of GST?
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Foreign Portfolio Investment is the entry of funds into a country where foreignersdeposit money in a country's bank or make purchases in the country's stock andbond markets, sometimes for speculation.
What is Foreign Portfolio Investment ?
RBI Governor:Urjit Patel.
Deputy Governor: 1. Shri B.P. Kanungo.2. Dr. Viral V. Acharya.3. N. S. Vishwanathan.
Who is the present RBI Governor?
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Unlike taxes, amounts collected via cess are meant be segregated in governmentaccounts and used for a specific purpose. So KKC is to be solely used towardsfinancing activities for the improvement of agriculture and farmer welfare.Although charged along with service tax, KKC is to be listed separately by yourservice providers on the invoice, as a distinct line-item and paid using a uniqueaccounting code notified by the government.
What is Krishi Cess?
India captain Virat Kohli on Thursday officially inked his deal with top English county side Surrey in his bid to prepare for the tour of England, starting in July.
Surrey is the famous team of which tournament?
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Darren Lehmann is the former head coach of Australia resigned his post for ball tampering case
Who is the former head coach of Australia resigned his post for ball tampering case?
Substandard asset would be one, which has remained NPA for aperiod less than or equal to 12 months. Such an asset will havewell defined credit weaknesses that jeopardise the liquidationof the debt and are characterised by the distinct possibility thatthe banks will sustain some loss, if deficiencies are notcorrected.
SUBSTANDARD ASSET
What is substandard asset?
Savings Account is the most common type of deposit account. An account held with a commercial bank, for encouraging savings and investments is known as a Saving Bank Account. A savings account provides an array of facilities like ATM cum Debit Card facility with different variants, calculation of interest on a daily basis, internet banking, mobile banking, online money transfer,
etc.The account can be opened by any Individual, Agencies or
institutions (if they are registered under the Societies Registration Act, 1860). A Pvt. Ltd and a Ltd. company are not
allowed to open a savings account.
SAVINGS ACCOUNTS
What is Savings Accounts?
DOUBTFUL ASSETS
What are the features of Doubtful Assets?
With effect from March 31, 2005, an asset would be classified as doubtful if it has remained in the substandard category for a period of 12 months. A loan classified as doubtful has all the weaknesses inherent in assets that were classified as sub-standard, with the added characteristic that the weaknesses make collection or liquidation in full, – on the basis of currently known facts, conditions and values – highly questionable and improbable.
LOSS ASSETS
What are the features of Loss Assets?
A loss asset is one where loss has been identified by the bank or internal or external auditors or the RBI inspection but the amount has not been written off wholly. In other words, such an asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted although there may be some salvage or recovery value.
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