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Quant Study Notes: Probability

Dear Readers, Today we’ll discuss about Probability. This topic is can fetch you marks easily but you need to know the right concepts and types of questions to practice. All about Probability Probability Probability theory deals in random events. The central objects of probability theory are random variables, and events. Event is generally defined as outcome of an experiment. Events can be classified as deterministic or probabilistic (random). Deterministic Event When an experiment is repeated under homogeneous conditions and it produces the same results, then the experiment is known as deterministic experiment.  ☞ For example  if a car runs at a speed of 50 km/hr under uninterrupted condition it will reach a place 100 km distant in 2 hr. Random or Probabilistic Event An experiment when repeated under identical condition does not produce the same result every time but out come is one of the several possible out comes, then such an experiment is known as a probabilistic experi

प्रमुख समितियां और उनके अध्यक्ष

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Scientific Inventions

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The International Court of Justice (ICJ)

Justice is the backbone of humanity in order to maintain peace and promote the prosperity among the people. Different country have different frame of justice according to their own law. But what about when two countries came in conflict with each other (eg- South China dispute) ?. In order to solve that kind of problem The International Court of Justice (ICJ) , a judicial organ of the United Nations (UN) was established in June 1945 by the Charter of the United Nations and began work in April 1946. The seat of the Court is at the Peace Palace in The Hague (Netherlands). Of the six principal organs of the United Nations, it is the only one not located in New York (United States of America). The Court is composed of 15 judges, who are elected for terms of office of nine years by the United Nations General Assembly and the Security Council. It is assisted by a Registry, its administrative organ. Its official languages are English and French. The Court has two functions: 1.To settle, i

Reasoning Study Notes: Seating Arrangement

Dear Readers, Today we’ll discuss about Seating Arrangement. This topic is can fetch you marks easily but you need to know the right concepts and types of questions to practice.  In banking exams Seating Arrangement questions can be asked in itself or Data Sufficiency. Usually 10-12 questions can be asked from this topic, thus it can fetch you easy marks with right practice. Introduction ⇒ In seating arrangement, we are generally asked to arrange a group of people according to the given conditions. They may have to be seated around a table, the table could be of any shape-circular, square, rectangular, pentagonal or any other. To solve seating arrangement problems on the basis of the information given in the equation. ⇒ It is one of the important part of the reasoning section for any competitive exam (specially Bank PO). In this part, questions are based on set of information containing set of conditions which gives hidden information followed by set of questions. ⇒ These type of

Youth Renaissance Day

On 15 October 1931 , a gem was born in india at Rameswaram Tamil Nadu. Today the whole world knows him as the missile man of India. A man of principles who inspired millions not only in india but to the whole world to never back down any challenges and face it with confidence. A man named as Avul Pakir Jainulabdeen Abdul Kalam was a scientist and engineer, who served as the President of India from 2002 to 2007. Mr Kalam known for his simplicity and sharp mind , today the whole nation misses his beloved president on his birthday.   “If you want to shine like a sun. First burn like a sun.” - A.P.J Abdul Kalam    Abdul Kalam was born as the youngest of five children of a Muslim boat owner named Jainulabudeen and his wife Ashiamma, in Rameswaram, Tamil Nadu. His ancestors had once been wealthy traders though his family lost much of its fortunes by the early 20th century. He completed his schooling from Ramanathapuram Schwartz Matriculation School and proceeded to study physics at the S

Banking Related Acts

==> Negotiable Instrument Act–1881 ==> The Bankers’Books Evidence Act–1891 ==> The ReserveBank of India Act–1934 ==> The Industrial Finance Corporation of India Act–1948 ==> The Banking Companies (Legal Practitioner Clients’ Accounts) Act–1949 ==> The Industrial Disputes (Banking and Insurance Companies) Act–1949 ==> The Banking Regulation(Companies) Rules–1949 ==> The Banking Regulation Act–1949 ==> The State Financial Corporations Act–1951 ==> The Reserve Bank of India (Amendment and Misc. Provisions) Act–1953 ==> The Industrial Disputes (Banking Companies) Decision Act–1955 ==> The State Bank of India Act–1955 ==> The State Bank of India (Subsidiary Banks) Act-1959 ==> The Subsidiary Banks General Regulation–1959 ==> The Deposit Insurance and Credit Guarantee Corporation Act–1961(DICGC) ==> The Banking Companies (Acquisition and Transfer of Undertakings) Act–1970 ==> The Regional Rural Banks Act–1976 ==> The Bank

What is BIMSTEC ?

In the modern era the impact of globalization can be seen in form of regional cooperation’s in order to promote the relations with neighboring countries and others countries of the world. India being one of the most prominent country in term of economy attracted whole world towards its market. Today world is looking towards china and India for the better cooperation and good relationship. In this sphere , involvement of India along with its neighboring countries (Pakistan free organization) has boost the India’s vision of look east policy. In this context we will talk about BIMSTEC an international organization involving a group of countries in South Asia and South East Asia. These are: Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal. BIMSTEC is a regional organization comprising seven Member States lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity. BIMSTEC came into existence on 6 June 1997 through the Bangkok De

जीवन में काम की बातें जरूर पढ़ें

1.खुद की कमाई से कम खर्च हो ऐसी जिन्दगी बनाओ..! 2. दिन मेँ कम से कम 3 लोगो की प्रशंशा करो..! 3. खुद की भुल स्वीकार ने मेँ कभी भी संकोच मत करो..! 4. किसी के सपनो पर हँसो मत..! 5. आपके पीछे खडे व्यक्ति को भी कभी कभी आगे जाने का मौका दो..! 6. रोज हो सके तो सुरज को उगता हुए देखे..! 7. खुब जरुरी हो तभी कोई चीज उधार लो..! 8. किसी के पास से कुछ जानना हो तो विवेक से दो बार पुछो..! 9. कर्ज और शत्रु को कभी बडा मत होने दो..! 10. ईश्वर पर पुरा भरोशा रखो..! 11. प्रार्थना करना कभीमत भुलो, प्रार्थना मेँ अपार शक्ति होती है..! 12. अपने काम से मतलब रखो..! 13. समय सबसे ज्यादा किमती है, इसको फालतु कामो मेँ खर्च मत करो..! 14. जो आपके पास है, उसी मेँ खुश रहना सिखो..! 15. बुराई कभी भी किसी कि भी मत करो करो, क्योकिँ बुराई नाव मेँ छेद समान है, बुराई छोटी हो बडी नाव तो डुबोही देती है..! 16. हमेशा सकारात्मक सोच रखो..! 17. हर व्यक्ति एक हुनर लेकर पैदा होता बस उस हुनर को दुनिया के सामने लाओ..! 18. कोई काम छोटा नही होता हर काम बडा होता है जैसे कि सोचो जो काम आप कर रहे हो अगर आप वह काम आप नही करते

Anti-Defection Law

India being a parliamentary form of government and multilevel party at the different level throws an opportunity of horse trading and game of corruption by parties in order to gain majority and form government at different level. Member of the political parties uses the concept of party hopping in order to gain the position offered by another party. In order to curb this concept of party hopping the anti-defection law was passed by parliament in 1985.  Anti-Defection Law is in the Tenth Schedule of the Constitution, which was introduced by the 52nd Amendment in 1985 during tenure of Rajiv Gandhi. What do you mean by Defection? Defection defined as  “to abandon a position or association, to join an another group or party”.  Defection  describes a situation in which a member of any particular party abandons his position or support to another party in order to gain political position. Articles 101, 102, 190 and 191 were changed through this amendment. This amendment laid down the proc

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