HIGHLIGHTS OF UNION BUDGET 2018

The Union Budget of India, also referred to as the Annual financial statement in the Article 112 of the Constitution of India,is the annual budget of India. Union Finance Minister Arun Jaitley today (1 st February 2018) presented the Union Budget 2018 in Parliament. This budget, Jaitley’s 5 th, is the last full budget of this NDA government before India goes to polls for the General Elections in 2019. Till 2016 it was presented on the last working day of February by the Finance Minister of India in Parliament. The budget, which is presented by means of the Finance bill and the Appropriation bill has to be passed by both the Houses before it can come into effect from April 1, the start of India's financial year.

As of September 2017, Morarji Desai has presented 10 budgets which is the highest followed by P Chidambaram's 9 and Pranab Mukherjee's 8. Yashwant Sinha, Yashwantrao Chavan and C.D. Deshmukh have presented 7 budgets each while Manmohan Singh and T.T. Krishnamachari have presented 6 budgets.(source wikipedia)


CLICK HERE TO DOWNLOAD COMPLETE UNION BUDGET-2018(FROM indiabudget.gov.in)


CLICK HERE TO DOWNLOAD KEY HIGHLIGHT OF UNION BUDGET 2018



CLICK HERE TO DOWNLOAD KEY HIGHLIGHT OF UNION BUDGET 2018 FROM EXAM POINT OF VIEW(BY gr8ambitionz)

iBPS RRB-VI 2017 FINALRESULTOUT:PROVISIONAL ALLOTMENT

The most awaited results of the IBPS RRB CWE – VI results are out / released. Many of the aspirants are eagerly waiting for the results as this will be the stepping stone for their dreams. The results of the IBPS RRB – PO (Scale I Officer, Scale II and Scale III) and also the IBPS RRB Office Assistant results are released.

Aspirants can check the results of the IBPS RRB CWE – VI , Office Assistant and Scale I , II and III Officer from the official website of IBPS or from the links given below.

CLICK BELOW TO CHECK YOUR RESULT

OFFICE ASSISTANT

SCALE-I

SCALE-II(GBO)

SCALE-II

SCALE-III

Best of luck who have crack this time for their new career in banking industry.

DOWNLOAD UPSC CS PREPARATION BOOK "Reading Between the Lines:PREPARING FOR THE CIVIL SERVICES EXAMINATION"

Every aspirants who are prepairing for upsc civil services examination must have read this book for better knowing abou their strategy,mistake & rigth way for preparation.this book written by Nikhil Pavan Kalyan, IAS , who has share his experience throughly.

CLICK HERE TO DOWNLOAD THE BOOK

DOWNLOAD PRATIYOGITA DARPAN FEB 2018(BOTH ENGLISH & HINDI)

Pratiyogita Darpan Feb-2018 for current affairs, General knowledge all topic details pdf download link available here in both english & hindi.. The one of the best competitive exam magazine in all over the Indian. You can Download from Our site. Details of the Pratiyogita Darpan magazine and download link are below here. 


CLICK HERE TO DOWNLOAD IN ENGLISH

CLICK HERE TO DOWNLOAD IN HINDI

SHORT NOTE ON BANKING SYSTEM IN INDIA.

Bank of Hindustan(1770):- First bank to be established in  india.(Alexander & co.)
                                                It is established by European management at Calcutta.
Outh Commercial Bank(1881):-First bank with limited liability managed by Indian.
Punjab national Bank  (1894):- First purely Indian bank.
Bank of Bengal-   1806
Bank of Bombay:-1840
Bank of Madras:- 1843

Reserve Bank of India

• It is the central bank of india
• It was established on April 1, 1935 at Calcutta by Rbi Act 1934.
• It was created by recommendation of Hilton-young commission in 1926.
• Headquarter shifted from Calcutta to Mumbai in 1937.
• RBI working as Reserve Bank of Burma Until 1947.
• RBI working as Reserve Bank of Pakistan Until 1948.
• RBI Nationalized Under Public Ownership Act 1948.
• It was nationlise on Jan 1,1949.
• Banking regulation Act 1949 passed.
• RBI have 4 Local bodies , Mumbai , Kolkata, Chennai and New Delhi .
• Number of Governors - Governor ( Urjit R Patel  ) + 4 Dy.Governors (BP Kanungo,[S S Mundra, N S Vishwanathan and Viral Acharya)
• Recently COO also introduced.(Rank of Deputy Governer).
• Governors and Dy.Governors appointed by Central Government for a period of not more than 5 years .
• Each local body consists 4 members and appointed by Central for 4 period of 4 years .
• Number of RBI Departments - 26
• Number of Regional Offices - 29
• Central Board of Directors conduct at least 6 meetings in a financial year .
• RBI staff college - Chennai
• The College of Agriculture RBI - Pune
• National Institute of Bank Management - Pune
• Institute for Development and Research in Banking Technology - Hyderabad

 Functions of RBI :
• Bankers of The Banker .
• Banker of The Government.
• Issues of notes.(above 1 Rupee.)
• Provision of Agriculture and Industrial Credit.
• Control of Credit.
• Clearing House Functions.
• Custodian of Foreign Reserves.
• Promotion of An Efficient Financial System

Important Governors of RBI :
• First Governor - Sir Osborne Smith(1935-37)
• Second Governor - James Braid Taylor
• Third Governor - C. D. Deshmukh ( First Indian Governor 1948-49)
• 15th Governor - Manmohan Singh
• 23rd Governor - Raghuram Rajan
• Present & 24th Governor – Urjit R Patel.

STATE BANK OF INDIA

• Imperial bank of india was created in jan ,1921 by amalgamation of 3 presidency banks:-Bank of Bengal,Bank of Madras,Bank of Bombay .
• After nationalization in 1955, its name was changed to State bank of india.
• SBI is the biggest commercial bank in the PSB of India.
• Initially SBI has 7 subsidiaries. These are (state bank of saurashtra,state bank of indore,state bank of Bikaner & jaipur,state bank of hydrabad,state bank of mysore, state bank of Patiala,state bank of Travancore)
• state bank of saurashtra & state bank of indore merge with sbi in 2008 & 2009 respectively. Rest have merged with sbi on 1st April, 2017,
• Its headquarter is at  Mumbai.
• SBI became one of the 50 largest banks in the world (balance sheet size of ₹33 trillion, 278,000 employees, 420 million customers, and more than 24,000 branches and 59,000 ATMs)

NATIONALIZATION OF BANK.
• A step towards  social banking & more control over banks ,14 large commercial banks were nationalize on 19 july,1969 whose reserves more than 50 crore each.
• Later on april 15, 1980, those six private sector banks whose reserves were more than 200 crore were nationalized.
• On September , 1993 New bank of india was merged with PNB.
• Bharatiya  Mahila Bank , India’s first bank exclusively for women (HQ New Delhi) inaugurated on 19th November,2013.
• Currently there are 21 Public Sector Bank in India.

SCHEDULED COMMERCIAL BANK.

All banks which are mentioned in the second schedule of RBI Act, 1934 are known as schedule banks .it is consists of five different groups.
• State bank of india .
• Nationalized Banks.
• Private Sector Banks.
• Foreign Banks.
• Regional Rural Banks.
OVER ALL STRUCTURE OF INDIAN BANKING SYSTEM

     

Commissionerate of Customs (Preventive), Bhubaneswar Recruitment 2018

Commissionerate of Customs(Preventive), Bhubaneswar recruitments the following position.
for details visit https://goo.gl/fJv66J

LAST DATE 28/02/2018

DOWNLOAD ECONOMY SURVEY 2017- 18

Economic Survey 2018:  India Economic Survey has been presented by the fin min ahead of the Union Budget 2018. While, the GDP has been projected at 7-7.5%, fiscal deficit is 3.2% for 2017-18 at Economic survey 2017-18.

HERE YOU HAVE DOWNLOAD BOTH VOLUME DIRECTLY 

DOWNLOAD VOLUME-I

DOWNLOAD VOLUME-II

you can also download from official website  www.indiabudget.gov.in/survey.asp