DISCOVER TIPS | Knowledge Magazine

By Bankersadda We all want to be in the Top Companies & when we talk about banking sector, we all want to be a Probationary Officers' (PO) in PSBs. To become a  Probationary Officer  is a dream of many bank aspirants. You work hard all year for this one opportunity and here we have IBPS PO Pre Exam in 56 days. What you do in these 56 days will make or break your dream of becoming a PO.All the hard work you’ve been doing so far now if not channelised properly into smart work, might then go in vain. It is very important for you to understand that from now onwards, every move that you make counts. Key to CRACK IBPS PO Entrance Exam PROPER PLANNING + DEDICATION + SMART WORK How should you plan to work in these areas: Quantitative Aptitude, Reasoning, English Quantitative Aptitude If you are good in calculation and you’ve cleared your basics then this section is good for scoring. For quantitative aptitude, its practice that matters for scoring well in limited time. But

1. Jharkhand Assembly convened today to ratify GST Bill i. Jharkhand Assembly has been convened today to ratify Goods and Services Tax (GST) Bill passed by both Houses of Parliament. ii. Now Jharkhand became the third state to ratify the bill. iii. Last week, Assam became the first state in the country to ratify the constitution amendment bill on the GST as the assembly unanimously passed the bill.

1. Bihar Assembly unanimously passes GST bill i. The Bihar state assembly has unanimously passed the crucial Goods and Services Tax Bill (GST Bill). ii. With this, it has become the first non-Bharatiya Janata Party-ruled state to ratify the GST, Last week, Assam became the first state to ratify the Bill. iii. The GST Bill needs to be ratified by at least 15 state legislatures before the President can notify the GST Council, which will then decide the new tax rate and other issues.

Union Minister launches clean cooking fuel scheme for BPL women in West Bengal i. Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan has launched the Pradhan Mantri UjjwalaYojana (PMUY) in West Bengal, which is a scheme to provide clean cooking fuel to the women belonging to the 'Below Poverty Line' (BPL) households across the country. ii. PMUY which was launched by the Prime Minister of India on May 1, 2016 at Ballia (Uttar Pradesh) aims to provide LPG connections to 5 Crore BPL households by 2019 and is a part of larger programme of adding 10 Crore new LPG connections by 2019 to achieve full coverage of connections in Indian households.

No Rail Budget from next fiscal i. The 92-year-old practice of presenting a separate Rail Budget is set to come to an end from the next fiscal, with the Finance Ministry accepting Railway Minister Suresh Prabhu’s proposal to merge it with the General Budget. ii. Finance Ministry has now constituted a five-member committee comprising senior officials of the Ministry and the national transporter to work out the modalities for the merger. iii. The committee has been asked to submit its report by August 31.

1. Railway Budget set to be merged with Union Budget from next fiscal i. Ending a 92-year-old tradition which started during the colonial era, Railway Budget will be merged with the General Budget from 2017-18 onwards. ii. The move is considered to be a relief to the national transporter, which was suffering from an additional burden of about Rs 40,000 crore on account the Seventh Pay Commission and close to Rs 35,000 crore on subsidy burden. If the merger happens, the Railways will get rid of the annual dividend that it has to pay for gross budgetary support from the government. iii. According to a report, the finance ministry has given a go-ahead signal to the proposal by the Railways ministry and has set up a five-member committee in this regard.  2. Govt sets up National Committee on Trade Facilitation i. The Centre has constituted the National Committee on Trade Facilitation following India’s ratification of the WTO Trade Facilitation Agreement (TFA) in April. ii. The N

1. India's first touch-and-feel garden for visually impaired  i. A first-of-its-kind touch and feel garden for the visually impaired people in the country was inaugurated near Calicut University campus by Kerala Assembly Speaker P Sreeramakrishnan. ii. The garden has nearly 70 aromatic, medicinal and herbal plants brought from various parts the country. iii. The visually impaired will get an opportunity to study the plants not only by touching, feeling and smelling them but also getting information about them through audio inputs. 2. RBI transfers Rs 65,876 crore surplus to government i. The Reserve Bank will transfer to the central government its surplus profit of Rs 65,876 crore which is marginally lower than the amount given last year. ii. The approval to transfer the surplus was taken at the 559th meeting of the Central Board of the RBI, chaired by Governor Raghuram Rajan. iii. The surplus is generated through RBI's investment activities, primarily in other sove