Monday 13 June 2016

IMPORTANT QUESTIONS FOR SBI MAINS:


Q: What is objective of SIDBI?
A:SIDBI was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be "the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing industry in the small scale sector and for matters connected therewith or incidental thereto.
Q: Where its HQ is located?
A:Lucknow.
Q:Tell something about SEBI?
A:- Established on April 12, 1992 in accordance with the provisions of the SEBI Act, 1992.
Chairman - Shri U K Sinha
Head Office - Mumbai
Q:Tell something about IRDA?
A:Establishment - Following the recommendations of Malhotra Committee report, in 1999, IRDA was constituated as an autonomous body to regulate and develop the insurance industry. The IRDA was incorporated as a statutory body in April 2000.
Chairman - T S Vijayan
Head Office - Hyderabad, Andhra Pradesh
Key Objectives - Promotion of competition so as to enhance customer satisfaction through increased consumer choice and lower premiums, while ensuring the financial security of the insurance market.
Q:Tell something about IDBI?
A:Chairman & Managing Director - M. S. Raghavan
Establishment - Established as a Public Financial Instutution under RBI in 1964. It was seperated from RBI in 1976 and became full fledged Development Bank. In 2004, It was converted into Commercial bank which has a Govt share holding of 52.7% at present. It is now a Public Sector Commercial Bank.
Head Office - Mumbai.
Q:Tell something aboutSIDBI?
A:Establishment - Established on April 2, 1990
Chairman - Dr. Kshatrapati Shivaji
Head Office - Lucknow.
Q:Tell something about NABARD?
A:Establishment - Established on July 12, 1982 with the paid up capital of Rs. 100 Crore have 50:50 contribution of GOI and RBI.
Govt Stake at Present - 99%
RBI Stake at Present - 1% (RBI divested its 71.5% stake to the GOI in NABARD)
Chairman - Harsh Kumar Bhanwala
Head Office - Mumbai
Established according to the recommendation of - Shivaraman Committee
Key Points -
Provides refinance facilities to various such financial institutions which provide loans to promote productive activities in rural areas.
To meet its own loan requirements, NABARD obtains funds from GOI, World Bank and other agencies.
It also mobilises resources by issuing bonds and debentures guaranteed by the GOI.
It also utilises the funds of National Rural Credit Fund.
It also provides loans to Commercial banks and RRBs for refinance purpose so that these banks may continue their various activities including granting finances for small irrigation, IRDP, dairy development, mechanisation of farms, etc.
The organisation whose functions has been taken over by NABARD from RBI are -
Agricultural Re-finance and Development Corporation
National Agricultural Credit Fund (long term operation)
National Agricultural Credit Fund (stabilisation).
Q:Tell something aboutECGC?
A:Provides a range of credit risk insurance covers to exporters against loss in export of goods and services
Offers Export Credit Insurance covers to banks and financial institutions to enable exporters to obtain better facilities from them
Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan.
Q:Tell something about BCSBI?
A:The Banking Codes and Standards Board of India is not a Department of the RBI. Reserve Bank has agreed to lend it financial support for a limited period. It is an independent banking industry watch dog to ensure that the consumer of banking services get what they are promised by the banks.
The Banking Codes and Standards Board of India has been registered as a separate society under the Societies Registration Act, 1860. Therefore, it would function as an independent and autonomous body.
Dr. Y.V. Reddy, Governor, Reserve Bank of India, in his Monetary Policy Statement (April 2005) announced setting up of the banking Codes and standards Board of India in order to ensure that comprehensive code of conduct for fair treatment of customers was evolved and adhered to.
The Registered office of the society shall be situated in the State of Maharashtra at Reserve Bank of India, C- 8/9, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051.
Chairman - Shri A C Mahajan
For written exam/ interview guidance , you may contact:

ANIL AGGARWAL SIR ( P.O. 1982 BATCH)
EX CHIEF MANGER ,PUNJAB NATIONAL BANK.
 Mobile:                               +91 9811340788
E-mail ID:         anilakshita@yahoo.co.in

Office: Flat #49, Trilok Apartments, Patparganj, I.P. Extension, Delhi-110092.

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KNOW ABOUT MR ANIL AGGARWAL ( P.O. 1982 BATCH):
UNDER ABLE GUIDANCE OF MR ANIL AGGARWAL(09811340788), HUNDREDS OF CANDIDATES ARE ABLE TO GET BANK JOB IN LAST 4 YEARS.
 A WELL KNOWN NAME AMONG ASPIRANTS.
PRESENT:
GUEST FACILITY MEMBER TO VARIOUS BANK TRAINING COLLEGES AND MANAGEMENT INSTITUTES.
PROVING GUIDANCE FOR BANK INTERVIEWS/WRITTEN EXAM (SBI/SBI GROUP/IBPS/RRB/PVT SECTOR BANKS/FOR P.O./CLERK/ASSISTANT/TECHNICAL OFFICER/ I.T/HRD OFFICER )
PAST:
HE JOINED PUNJAB NATIONAL BANK AS MANAGEMENT TRAINEE ( P.O.) IN 1982.HEWAS ALSO SELECTED AS P.O. IN STATE BANK OF INDIA,BANK OF BARODA AND UNITED BANK OF INDIA IN 1983, BUT CONTINUED WITH PNB.
HE REACHED THE POSITION OF CHIEF MANAGER IN 2005. HE GOT ALL PROMOTIONS UP TO THIS RANK IN ONE GO.
HE SCORED HIGHEST MARKS IN WRITTEN EXAM OF PROMOTION FROM OFFICER CADRE TO MANGER CADRE IN 1991. HIS SCORE REMAINED UNBROKEN RECORD FOR MANY YEARS
HE RESIGNED FROM THE BANK IN 2012 AFTER SERVING 30 YEARS IN VARIOUS CAPACITIES IN PUNJAB NATIONAL BANK.
HE HAS RICH BANKING EXPERIENCE.
HE WAS MEMBER OF VARIOUS INTERVIEW BOARDS MEANT FOR INTERNAL PROMOTIONS.
HE WAS ONE OF THE MOST RENOWNED FACULTY MEMBER OF PUNJAB NATIONAL BANK DURING 1986 TO 1991.
FOR, INDIAN INSTITUTE OF BANKERS, DELHI CHAPTER, HE CONDUCTED CLASSES OF BANKING LAW AND PRACTICE PART TWO OF CAIIB DURING 1988 to 1997.
HE WAS AWARDED BY VARIOUS INSTITUTIONS WE LIST A FEW:
*BEST FACULTY MEMBER AWARD BY BANKER'S TRAINING COLLEGE , RBI- 1986
*BEST BRANCH MANAGER AWARD BY PUNJAB NATIONAL BANK -1991
*BEST BRANCH MANAGER AWARD BY PUNJAB NATIONAL BANK - 2007
*BEST CHIEF MANAGER MARKETING IN PUNJAB NATIONAL BANK -2007 ,2008,2009 AND 2010.
ACADEMIC & PROFESSIONAL QUALIFICATION
M.Sc Physics
CAIIB FROM INDIAN INSTITUTE OF BANKERS
POST DIPLOMA IN BUSINESS MANAGEMENT FROM THE INSTITUTE OF CHARTERED FINANCIAL ANALYSTS OF INDIA

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