DISCOVER TIPS | Knowledge Magazine

There are various  abbreviations used in Banking sectors  that are identified with a unique digit of alphanumeric like  Aadhaar Card, IFSC Code, MICR etc.  So many such entities has been recently in news and there are strong chances that such type of words may appear in the exam. So, here is the compiled list of abbreviations with full form and numbers of  alphanumerics used in it.  1. IFSC Code-  IFSC Code is the acronym for Indian Financial System Code developed by RBI - Reserve Bank Of India as a unique Identification code to each of the bank branches in India. The Bank IFSC Code consists of 11 alpha-numeric characters that uniquely identifies a bank-branch participating in the RTGS and NEFT system.   2. MICR-  MICR (Magnetic Ink Character Recognition) is a 9 digit code and its technology used to verify the legitimacy or originality of paper documents, especially checks. Special ink, which is sensitive to magnetic fields, is used in the...

It has always been matter of country's economical conditions and various methods to evolve as high as possible. But one of the key people who takes part in this process are bankers who are in worst condition today. RBI governor Dr Rajan Spoken boldly.....Banks have been forced to conduct loan melas to disburse loans sacrificing quality of loaning process and banks have been forced to write off loans so that vote banks of ruling party is safe and become greater. Banks have been used to carry out all non - productive services like tax collection or salary payment or disbursing subsidy oriented loans under various government sponsored schemes or reckless branch expansion in the name of service area approach or PM Jan Dhan Yojana. Further to make the situation worse, banks have been directed and allowed by previous government to do non- banking business like insurance, mutual fund, demat etc. In this way banks sacrificed the safety of bank's core assets and wasted time in ca...

1st October- International Day of Older Persons The theme of the International Day of Older Persons 2017 is “ Stepping into the Future: Tapping the Talents, Contributions and Participation of Older Persons in Society. ” This day is about enabling and expanding the contributions of older people in their families, communities and societies at large. It focuses on the pathways that support full and effective participation in old age, in accordance with old persons’ basic rights, needs and preferences. 2nd October- Gandhi Jayanti, International Day of Non-Violence,  World Habitat Day (First Monday of October) The International Day of Non-Violence is marked on 2 October, the birthday of Mahatma Gandhi, leader of the Indian independence movement and pioneer of the philosophy and strategy of non-violence. The United Nations has designated the first Monday of October of every year as World Habitat Day. The theme for World Habitat Day 2 October 2017 was  Housing Policies: Affo...

Important Days are a must to remember for Banking, Insurance and SSC exams. These important days are asked in the general awareness section of almost all competitive examination and their knowledge can be also very useful for preparing for interviews. Here we provide you with a list of all Important Days that you must Remember of this month-September. This will come handy for a smooth preparation for upcoming IBPS RRB Officer Scale-I, Office Assistant, SSC MTS, Intelligence Beurue and IBPS 2017 Examination. 5th September- Teacher's Day India has commemorated the birth anniversary of the great Dr. Sarvapalli Radhakrishnan since 1962 to honor such wonderful teachers across the country. The first Teachers’ Day was celebrated in India in 1962. This is the year when Sarvepalli Radhakrishnan began serving as the second president of India. 8th September- International Literacy Day This year, International Literacy Day (8 September) will be celebrated across the world under the t...

SSC CGL 2017 Tier-I exam is going on. These notes are based on the Folk Dances of all Indian States and questions are being asked on this topic in the SSC CGL Tier-1 Exam. Candidates having CGL Exam in the upcoming shifts can go through these questions and can expect these questions to be asked in upcoming shifts as well.

1 July - SBI Day On July 1, 1955, the Imperial Bank of India was reconstituted by an Act of Parliament to create State Bank of India to perform the functions of a commercial bank. This marked the start of a new era in banking in the country, said a press release from SBI. 1 - 10 July - Van Mahotsav Van Mahotsav was launched in the year 1950 by Shri Kanhaiyalal. M. Munshi, the then Union Minister for Agriculture and Food to create an enthusiasm in the popular mind for the preservation of forest and planting of trees. Van Mahotsav, a week long festival of tree planting is organised every year in the month of July all across India and lakhs of trees are planted. 4 July -  American Independence Day July 4, 1776, was the day that represents the Declaration of Independence and the birth of the United States of America as an independent nation. 6 July -  World Zoonoses Day World Zoonoses Day is observed on July 6 every year to emphasize and bring the problem awareness amongst ...

Manufacturing of Cement Cement is essential for construction activity such as building houses, factories, bridges, roads, airports, dams and for other commercial establishments.The first cement plant was set up in Chennai in 1904.It was discovered by an English Mason, Joseph Aspdin in 1824. He called it Portland cement because he thought that it resembled the limestone found in Portland. Approximate Composition of Portland cement Calcium oxide (CaO) 60-70% Silica (SiO 2 ) 20-25% Alumina (Al 2 O 3 ) 5-10% Ferric oxide (Fe 2 O 3  )         2-3% Raw materials are: Limestone -  (provides lime), Clay -  (provides alumina and silica), Gypsum - (reduces the setting time of cement). For a good quality cement, the ratio of silica (SiO) to alumina Al 2 O 3 ) should be between 2.5 and 4 and the ratio of lime (CaO) to the total of the oxides of silicon (SiO 2 ) aluminium (Al 2 O 3 ) and iron (Fe 2 O 3 ) should be as close as possible to 2. ...