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The Indian Financial System is one of the most important aspects of the economic development of our country. This system manages the flow of funds between the people (household savings) of the country and the ones who may invest it wisely (investors/businessmen) for the betterment of both the parties.
This is an important topic with respect to the various Government exams conducted in the country, and aspirants must carefully consider going through this article and prepare themselves accordingly.
In this article, you shall know about what the Indian Financial system is, its components and how it helps in the economic growth of a country. Also, get some Sample Questions on Indian Financial System further below in this article.
The services that are provided to a person by the various Financial Institutions like banks, insurance companies, pensions, funds, etc. constitute the financial system.
Given below are the features of the Indian Financial system:
The financial system of a country mainly aims at managing and governing the mechanism of production, distribution, exchange and holding of financial assets or instruments of all kinds.
Further below in this article, we shall discuss the various components of the financial system in India.
There are four main components of the Indian Financial System. This includes:
Let’s discuss each component of the system in detail.
The Financial Institutions act as a mediator between the investor and the borrower. The investor’s savings are mobilised either directly or indirectly via the Financial Markets.
The main functions of the Financial Institutions are as follows:
The best example of a Financial Institution is Bank. People with surplus amounts of money make savings in their accounts, and people in dire need of money take loans. The bank acts as an intermediate between the two.
The financial institutions can further be divided into two types:
Further, Financial Institutions can be classified into three categories:
The products which are traded in the Financial Markets are called the Financial Assets. Based on the different requirements and needs of the credit seeker, the securities in the market also differ from each other.
Some important Financial Assets have been discussed briefly below:
Services provided by Asset Management and Liability Management Companies. They help to get the required funds and also make sure that they are efficiently invested.
The financial services in India include:
The main aim of the financial services is to assist a person with selling, borrowing or purchasing securities, allowing payments and settlements and lending and investing.
The marketplace where buyers and sellers interact with each other and participate in the trading of money, bonds, shares and other assets is called a financial market.
The financial market can be further divided into four types:
(a)Corporate Securities Market
(b)Government Securities Market
(c)Long Term Loan Market
(a) Organised Money Market
(b) Unorganised Money Market
Given below are a few sample questions for the candidates to have an idea about the type of questions asked in the Government exams on the topic: Indian Financial System:
Q 1. Which of these is not a type of Capital Market?
Answer: (4) All of the Above
Q 2. Which of these is not a type of Financial Assets?
Answer: (1) Cheque
Q 3. Which of these is not a fundamental objective of Indian Financial System?
Answer: (3) Issuing Bank Notes
Q 4. When a loan is granted for only one day, it is called _________?
Answer: (4) Call Money
Questions for descriptive answers can also be asked from this topic
Ans. Broadly there are two categories of Indian Financial System, i.e. Indian Money market and Indian capital Market:
The Indian Financial System is one of the most important aspects of the economic development of our country. This system manages the flow of funds between the people (household savings) of the country and the ones who may invest it wisely (investors/businessmen) for the betterment of both the parties.
This is an important topic with respect to the various Government exams conducted in the country, and aspirants must carefully consider going through this article and prepare themselves accordingly.
In this article, you shall know about what the Indian Financial system is, its components and how it helps in the economic growth of a country. Also, get some Sample Questions on Indian Financial System further below in this article.
The services that are provided to a person by the various Financial Institutions like banks, insurance companies, pensions, funds, etc. constitute the financial system.
Given below are the features of the Indian Financial system:
The financial system of a country mainly aims at managing and governing the mechanism of production, distribution, exchange and holding of financial assets or instruments of all kinds.
Further below in this article, we shall discuss the various components of the financial system in India.
There are four main components of the Indian Financial System. This includes:
Let’s discuss each component of the system in detail.
The Financial Institutions act as a mediator between the investor and the borrower. The investor’s savings are mobilised either directly or indirectly via the Financial Markets.
The main functions of the Financial Institutions are as follows:
The best example of a Financial Institution is Bank. People with surplus amounts of money make savings in their accounts, and people in dire need of money take loans. The bank acts as an intermediate between the two.
The financial institutions can further be divided into two types:
Further, Financial Institutions can be classified into three categories:
The products which are traded in the Financial Markets are called the Financial Assets. Based on the different requirements and needs of the credit seeker, the securities in the market also differ from each other.
Some important Financial Assets have been discussed briefly below:
Services provided by Asset Management and Liability Management Companies. They help to get the required funds and also make sure that they are efficiently invested.
The financial services in India include:
The main aim of the financial services is to assist a person with selling, borrowing or purchasing securities, allowing payments and settlements and lending and investing.
The marketplace where buyers and sellers interact with each other and participate in the trading of money, bonds, shares and other assets is called a financial market.
The financial market can be further divided into four types:
(a)Corporate Securities Market
(b)Government Securities Market
(c)Long Term Loan Market
(a) Organised Money Market
(b) Unorganised Money Market
Given below are a few sample questions for the candidates to have an idea about the type of questions asked in the Government exams on the topic: Indian Financial System:
Q 1. Which of these is not a type of Capital Market?
Answer: (4) All of the Above
Q 2. Which of these is not a type of Financial Assets?
Answer: (1) Cheque
Q 3. Which of these is not a fundamental objective of Indian Financial System?
Answer: (3) Issuing Bank Notes
Q 4. When a loan is granted for only one day, it is called _________?
Answer: (4) Call Money
Questions for descriptive answers can also be asked from this topic
Ans. Broadly there are two categories of Indian Financial System, i.e. Indian Money market and Indian capital Market:
In this article, we shall discuss in detail what is Cheque, various types of cheques that are issued in the Indian banking system and what are the features of each of them.
There are various types of cheques that can be issued. Given below is the list of the various cheque types:
A cheque is a piece of document/paper which orders the bank to transfer money from the bank account of an individual or an Organisation to another bank account.
The person who writes the cheque is called the “drawer” and the person in whose name the cheque has been issued is called the “payee”. The amount of money that needs to be transferred, payee’s name, date and signature of the drawer are all mentioned in a cheque.
There are certain points to remember regarding Cheques which are mentioned below:
Further below each type of cheques has been discussed in detail for candidates to study and prepare themselves for the upcoming Government exams.
The bearer cheque is a type of cheque in which the bearer is authorised to get the cheque encashed. This means the person who carries the cheque to the bank has the authority to ask the bank for encashment.
This type of cheque can be used for cash withdrawal. This kind of cheque is endorsable. No kind of identification is required for the bearer of the cheque.
For example: A cheque has been signed by Arjun (drawer) and the payee for the cheque is Varun. Varun can either go himself to the bank or can send a third person to get encashment for the cheque. No identification shall be required for the bearer’s name.
If a person does not want their cheque to be endorsable, they can strike off the “OR BEARER” option mentioned in the cheque.
This type of cheque cannot be endorsed, i.e., only the payee, whose name has been mentioned in the cheque is liable to get cash for that amount. The drawer needs to strike the “OR BEARER” mark as mentioned on the cheque so that the cheque can only be encashed to the payee.
For Example: If a cheque has been signed with the name of Varun, then only the payee can visit the bank to get an encashment for the same for a order cheque.
The payee’s identity may be cross-checked by the bank before encashing the sum of money.
In this type of cheque, no cash withdrawal can be done. The amount can only be transferred from the drawer’s account to the payee’s account. Any third party can visit the bank to submit the cheque.
In case of a crossed cheque, the drawer must draw two lines at the left top corner of the cheque.
This is the same as the account payee cheque but no third party involvement is required. The amount shall be transferred directly to the payee’s account number.
To ensure that it is an account payee cheque, two lines are made on the left top corner of the cheque, labelling it for “A/C PAYEE”.
In India, any cheque is valid only until 3 months from the date of issue. So if a payee moves to the bank to get withdrawal for a cheque which was signed 3 months ago, the cheque shall be declared a stale cheque.
For example: If a cheque is dated January 1, 2020 and the payee visits the bank for withdrawal on May 1, 2020, his/her request shall be denied and the cheque is declared stale.
If a drawer wants the payee to apply for withdrawal or transfer of money after the present date, then he/she can fill a post dated cheque.
For example: If the date on which the drawer is filling the cheque is May 10, 2020, but he wants the payment to be done later, he/she can fill the cheque dates as May 30, 2020. It shall be called a post-dated cheque.
If the drawer mentions a date prior to the current date on the cheque, it is called ante dated cheque.
For example: If the current date is January 30, 2020, and the drawer dates the cheque as January 1, 2020. It shall be considered as an ante-dated cheque.
If the drawer wishes cash for himself he can issue a cheque where in place of the Payee’s name he can write “SELF” and get encashment from the branch where he owns an account.
For example: If a person wants Rs.1,00,000/- in cash, he can issue a self cheque and visit his bank branch where he owns an account and get encashment in place of a cheque.
As the name suggests, the Traveler’s cheque can be used when a person is travelling abroad where the Indian currency is not used.
If a person is travelling abroad, he can carry the traveller’s cheque and get encashment for the same in abroad countries.
If a cheque reaches the bank in a torn condition, it is called a mutilated cheque. If the cheque is torn into two or more pieces and the relevant information is torn, the bank shall reject the cheque and declare it invalid, until the drawer confirms its validation.
If the cheque is torn from the corners and all the important data on the cheque is intact, then the bank may process the cheque further.
When a cheque only has a drawer’s signature and all the other fields are left empty, then such a type of a cheque is called a blank cheque.
The above-mentioned types of cheques are the most commonly known and used in the Indian banking industry. Let us now know the parties associated with a cheque.
There are three parties involved to a cheque.
Apart from these three, there are two more parties involved with a cheque –
There are certain extremely important pointers or features of a cheque which should be known and understood before using this payment mode for money transfer. Some of the important pointers related to a cheque are:
In this article, we shall discuss in detail what is Cheque, various types of cheques that are issued in the Indian banking system and what are the features of each of them.
There are various types of cheques that can be issued. Given below is the list of the various cheque types:
A cheque is a piece of document/paper which orders the bank to transfer money from the bank account of an individual or an Organisation to another bank account.
The person who writes the cheque is called the “drawer” and the person in whose name the cheque has been issued is called the “payee”. The amount of money that needs to be transferred, payee’s name, date and signature of the drawer are all mentioned in a cheque.
There are certain points to remember regarding Cheques which are mentioned below:
Further below each type of cheques has been discussed in detail for candidates to study and prepare themselves for the upcoming Government exams.
The bearer cheque is a type of cheque in which the bearer is authorised to get the cheque encashed. This means the person who carries the cheque to the bank has the authority to ask the bank for encashment.
This type of cheque can be used for cash withdrawal. This kind of cheque is endorsable. No kind of identification is required for the bearer of the cheque.
For example: A cheque has been signed by Arjun (drawer) and the payee for the cheque is Varun. Varun can either go himself to the bank or can send a third person to get encashment for the cheque. No identification shall be required for the bearer’s name.
If a person does not want their cheque to be endorsable, they can strike off the “OR BEARER” option mentioned in the cheque.
This type of cheque cannot be endorsed, i.e., only the payee, whose name has been mentioned in the cheque is liable to get cash for that amount. The drawer needs to strike the “OR BEARER” mark as mentioned on the cheque so that the cheque can only be encashed to the payee.
For Example: If a cheque has been signed with the name of Varun, then only the payee can visit the bank to get an encashment for the same for a order cheque.
The payee’s identity may be cross-checked by the bank before encashing the sum of money.
In this type of cheque, no cash withdrawal can be done. The amount can only be transferred from the drawer’s account to the payee’s account. Any third party can visit the bank to submit the cheque.
In case of a crossed cheque, the drawer must draw two lines at the left top corner of the cheque.
This is the same as the account payee cheque but no third party involvement is required. The amount shall be transferred directly to the payee’s account number.
To ensure that it is an account payee cheque, two lines are made on the left top corner of the cheque, labelling it for “A/C PAYEE”.
In India, any cheque is valid only until 3 months from the date of issue. So if a payee moves to the bank to get withdrawal for a cheque which was signed 3 months ago, the cheque shall be declared a stale cheque.
For example: If a cheque is dated January 1, 2020 and the payee visits the bank for withdrawal on May 1, 2020, his/her request shall be denied and the cheque is declared stale.
If a drawer wants the payee to apply for withdrawal or transfer of money after the present date, then he/she can fill a post dated cheque.
For example: If the date on which the drawer is filling the cheque is May 10, 2020, but he wants the payment to be done later, he/she can fill the cheque dates as May 30, 2020. It shall be called a post-dated cheque.
If the drawer mentions a date prior to the current date on the cheque, it is called ante dated cheque.
For example: If the current date is January 30, 2020, and the drawer dates the cheque as January 1, 2020. It shall be considered as an ante-dated cheque.
If the drawer wishes cash for himself he can issue a cheque where in place of the Payee’s name he can write “SELF” and get encashment from the branch where he owns an account.
For example: If a person wants Rs.1,00,000/- in cash, he can issue a self cheque and visit his bank branch where he owns an account and get encashment in place of a cheque.
As the name suggests, the Traveler’s cheque can be used when a person is travelling abroad where the Indian currency is not used.
If a person is travelling abroad, he can carry the traveller’s cheque and get encashment for the same in abroad countries.
If a cheque reaches the bank in a torn condition, it is called a mutilated cheque. If the cheque is torn into two or more pieces and the relevant information is torn, the bank shall reject the cheque and declare it invalid, until the drawer confirms its validation.
If the cheque is torn from the corners and all the important data on the cheque is intact, then the bank may process the cheque further.
When a cheque only has a drawer’s signature and all the other fields are left empty, then such a type of a cheque is called a blank cheque.
The above-mentioned types of cheques are the most commonly known and used in the Indian banking industry. Let us now know the parties associated with a cheque.
There are three parties involved to a cheque.
Apart from these three, there are two more parties involved with a cheque –
There are certain extremely important pointers or features of a cheque which should be known and understood before using this payment mode for money transfer. Some of the important pointers related to a cheque are:
The different types of bank accounts have been discussed at length in this article. The details and benefits of each type of bank account constitute an important part of the General Awareness syllabus for major Government exams conducted in the country.
One major aspect of the banking industry is the provision of bank accounts. There are various types of bank accounts which can be opened in any Public or Private sector banks.
This topic essentially forms a very important part of the financial and banking awareness section of the various bank exams.
In competitive exams, the topic functions of the bank form an important part of the question paper and its knowledge is crucial to score good marks.
Especially, candidates appearing for various bank exams such as IBPS Exam, SBI Exam or RBI exam definitely encounter questions related to important banking functions in the paper or at the time of interview.
For other graduate-level government examinations such as the SSC exam, the questions related to bank functions are asked under professional knowledge heading. Therefore, this article will walk you through important banking functions, their categories and more.
Candidates preparing for any competitive or government exams can check the following links for their preparation:
A bank is a lawful organisation that accepts deposits which can be withdrawn on demand. Banks are institutions that help the public in the management of their finances, public deposit their savings in banks with the assurance to withdraw money from the deposits whenever required.
Banks accept deposits from the general public and from the business community as well and give two assurances to the depositors –
Banks give interest on deposits which adds to the original deposit amount and is a great incentive to the depositor. This promotes saving habits among the public. Bank also grants loans based on the deposits thereby adding to the economic development of the country and well being of the general public. With this stature, it becomes important to understand the major functions of a bank.
There are two types of functions of banks:
Both the types of functions of bank are explained below in detail:
All banks have to perform two major primary functions namely:
Accepting of Deposits
A very basic yet important function of all the commercial banks is mobilising public funds, providing safe custody of savings and interest on the savings to depositors. Bank accepts different types of deposits from the public such as:
Granting of Loans & Advances
The deposits accepted from the public are utilised by the banks to advance loans to the businesses and individuals to meet their uncertainties. Bank charges a higher rate of interest on loans and advances than what it pays on deposits. The difference between the lending interest rate and interest rate for deposits is bank profit.
Bank offers the following types of Loans and Advances:
Like Primary Functions of Bank, the secondary functions are also classified into two parts:
Agency Functions of Bank
Banks are the agents for its customers, hence it has to perform various agency functions as mentioned below:
Transfer of Funds: Transfering of funds from one branch/place to another.
Periodic Collections: collecting dividend, salary, pension, and similar periodic collections on the clients’ behalf.
Periodic Payments: making periodic payments of rents, electricity bills, etc on behalf of the client.
Collection of Cheques: Like collecting money from the bills of exchanges, the bank collects the money of the cheques through the clearing section of its customers.
Portfolio Management: banks manage the portfolio of their clients. It undertakes the activity to purchase and sell the shares and debentures of the clients and debits or credits the account.
Other Agency Functions: under this bank act as a representative of its clients for other institutions. It acts as an executor, trustee, administrators, advisers etc. of the client.
Utility Functions of Bank
A part of the General Awareness section is also dedicated to Banking Awareness, especially for banking sector exams. So preparing topics like this are important from the competitive examination point of view as well.
Thus, to help aspirants understand the type of questions which may be asked or the pattern in which they may be asked, given below are a few sample questions based on the functions of the bank.
Q 1. What is the ratio between the total assets maintained by the bank to the total cash in hand called?
Answer: (1) Statutory Liquid Ratio
Q 2. Which of these is not a function of Public Sector Banks?
Answer: (5) Issuing Currency
Solution: Only the Reserve Bank of India controls the issue and flow of currency
Q 3. Which among the following is not a function of Regional Rural Banks?
Answer: None of the above
Q 4. Which body is responsible to regulate the functioning of all Banks in India?
Answer: (3) Reserve Bank of India
Q 5. Which was the first bank to be established in India?
Answer: (5) Bank of Hindustan
The different types of bank accounts have been discussed at length in this article. The details and benefits of each type of bank account constitute an important part of the General Awareness syllabus for major Government exams conducted in the country.
One major aspect of the banking industry is the provision of bank accounts. There are various types of bank accounts which can be opened in any Public or Private sector banks.
This topic essentially forms a very important part of the financial and banking awareness section of the various bank exams.
In competitive exams, the topic functions of the bank form an important part of the question paper and its knowledge is crucial to score good marks.
Especially, candidates appearing for various bank exams such as IBPS Exam, SBI Exam or RBI exam definitely encounter questions related to important banking functions in the paper or at the time of interview.
For other graduate-level government examinations such as the SSC exam, the questions related to bank functions are asked under professional knowledge heading. Therefore, this article will walk you through important banking functions, their categories and more.
Candidates preparing for any competitive or government exams can check the following links for their preparation:
A bank is a lawful organisation that accepts deposits which can be withdrawn on demand. Banks are institutions that help the public in the management of their finances, public deposit their savings in banks with the assurance to withdraw money from the deposits whenever required.
Banks accept deposits from the general public and from the business community as well and give two assurances to the depositors –
Banks give interest on deposits which adds to the original deposit amount and is a great incentive to the depositor. This promotes saving habits among the public. Bank also grants loans based on the deposits thereby adding to the economic development of the country and well being of the general public. With this stature, it becomes important to understand the major functions of a bank.
There are two types of functions of banks:
Both the types of functions of bank are explained below in detail:
All banks have to perform two major primary functions namely:
Accepting of Deposits
A very basic yet important function of all the commercial banks is mobilising public funds, providing safe custody of savings and interest on the savings to depositors. Bank accepts different types of deposits from the public such as:
Granting of Loans & Advances
The deposits accepted from the public are utilised by the banks to advance loans to the businesses and individuals to meet their uncertainties. Bank charges a higher rate of interest on loans and advances than what it pays on deposits. The difference between the lending interest rate and interest rate for deposits is bank profit.
Bank offers the following types of Loans and Advances:
Like Primary Functions of Bank, the secondary functions are also classified into two parts:
Agency Functions of Bank
Banks are the agents for its customers, hence it has to perform various agency functions as mentioned below:
Transfer of Funds: Transfering of funds from one branch/place to another.
Periodic Collections: collecting dividend, salary, pension, and similar periodic collections on the clients’ behalf.
Periodic Payments: making periodic payments of rents, electricity bills, etc on behalf of the client.
Collection of Cheques: Like collecting money from the bills of exchanges, the bank collects the money of the cheques through the clearing section of its customers.
Portfolio Management: banks manage the portfolio of their clients. It undertakes the activity to purchase and sell the shares and debentures of the clients and debits or credits the account.
Other Agency Functions: under this bank act as a representative of its clients for other institutions. It acts as an executor, trustee, administrators, advisers etc. of the client.
Utility Functions of Bank
A part of the General Awareness section is also dedicated to Banking Awareness, especially for banking sector exams. So preparing topics like this are important from the competitive examination point of view as well.
Thus, to help aspirants understand the type of questions which may be asked or the pattern in which they may be asked, given below are a few sample questions based on the functions of the bank.
Q 1. What is the ratio between the total assets maintained by the bank to the total cash in hand called?
Answer: (1) Statutory Liquid Ratio
Q 2. Which of these is not a function of Public Sector Banks?
Answer: (5) Issuing Currency
Solution: Only the Reserve Bank of India controls the issue and flow of currency
Q 3. Which among the following is not a function of Regional Rural Banks?
Answer: None of the above
Q 4. Which body is responsible to regulate the functioning of all Banks in India?
Answer: (3) Reserve Bank of India
Q 5. Which was the first bank to be established in India?
Answer: (5) Bank of Hindustan
The different types of bank accounts have been discussed at length in this article. The details and benefits of each type of bank account constitute an important part of the General Awareness syllabus for major Government exams conducted in the country.
One major aspect of the banking industry is the provision of bank accounts. There are various types of bank accounts which can be opened in any Public or Private sector banks.
This topic essentially forms a very important part of the financial and banking awareness section of the various bank exams.
Given below is the list of bank accounts that we shall be discussing in this article:
Initially, there were only four types of bank accounts that were operating in India. These included the Current Account, Savings Account, Recurring Deposit Account and Fixed Deposit Account. But later with the advancement in the banking sector, various other types of bank accounts were introduced.
Candidates can check the syllabus for the major Government exams conducted in the country in the links given below:
As the name suggests, the savings accounts can be opened by an individual or jointly by two people with an aim to save money.
The main benefit of opening a savings bank account is that the bank pays you interest for opening this type of account with them.
Given below are a few features of the Savings account:
The second type of bank account is the current bank account. These accounts are not used for the purpose of savings.
Some important pointers related to the current bank account have been discussed below:
Recurring Deposit account or RD account is a form of account wherein the account holder needs to deposit a fixed amount every month until it reaches the fixed maturity date.
The features of the Recurring deposit account have been discussed below:
FD or a fixed deposit account is another type of bank account that can be opened in any Public or Private sector bank.
The list of important things that need to be known with respect to the fixed deposit account have been mentioned below:
Shares and securities which can be held in electronic format constitute the DEMAT account. The DEMAT account also stands for Dematerialized Account.
Given below the points that need to be known by a candidate regarding the DEMAT Account:
To fulfil the bank requirements of a Non-Residential Indian or a Person of India Origin, the option of NRI account is available.
The NRI Accounts are further divided into three types:
To help manage the finances here are some excellent reason to have a bank account-
Aspirants must go through the above-mentioned information carefully as it forms an important topic for financial as well and banking awareness topics.
Candidates who are looking for any further information regarding the upcoming Government exams can turn to BYJU’S for help.
The different types of bank accounts have been discussed at length in this article. The details and benefits of each type of bank account constitute an important part of the General Awareness syllabus for major Government exams conducted in the country.
One major aspect of the banking industry is the provision of bank accounts. There are various types of bank accounts which can be opened in any Public or Private sector banks.
This topic essentially forms a very important part of the financial and banking awareness section of the various bank exams.
Given below is the list of bank accounts that we shall be discussing in this article:
Initially, there were only four types of bank accounts that were operating in India. These included the Current Account, Savings Account, Recurring Deposit Account and Fixed Deposit Account. But later with the advancement in the banking sector, various other types of bank accounts were introduced.
Candidates can check the syllabus for the major Government exams conducted in the country in the links given below:
As the name suggests, the savings accounts can be opened by an individual or jointly by two people with an aim to save money.
The main benefit of opening a savings bank account is that the bank pays you interest for opening this type of account with them.
Given below are a few features of the Savings account:
The second type of bank account is the current bank account. These accounts are not used for the purpose of savings.
Some important pointers related to the current bank account have been discussed below:
Recurring Deposit account or RD account is a form of account wherein the account holder needs to deposit a fixed amount every month until it reaches the fixed maturity date.
The features of the Recurring deposit account have been discussed below:
FD or a fixed deposit account is another type of bank account that can be opened in any Public or Private sector bank.
The list of important things that need to be known with respect to the fixed deposit account have been mentioned below:
Shares and securities which can be held in electronic format constitute the DEMAT account. The DEMAT account also stands for Dematerialized Account.
Given below the points that need to be known by a candidate regarding the DEMAT Account:
To fulfil the bank requirements of a Non-Residential Indian or a Person of India Origin, the option of NRI account is available.
The NRI Accounts are further divided into three types:
To help manage the finances here are some excellent reason to have a bank account-
Aspirants must go through the above-mentioned information carefully as it forms an important topic for financial as well and banking awareness topics.
Candidates who are looking for any further information regarding the upcoming Government exams can turn to BYJU’S for help.
The Fifteenth Finance Commission (XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing 2020-04-01. The commission's chairman is Nand Kishore Singh, with its full-time members being Ajay Narayan Jha, Ashok Lahiri and Anoop Singh. In addition, the commission also has a part-time member in Ramesh Chand. Shaktikanta Das served as a member of the commission from November 2017 to December 2018.
The Fifteenth Finance Commission was constituted by the Government of India—after getting ceremonial approval from President of India—through a notification in The Gazette of India on 2017-11-27. Nand Kishore Singh was appointed as the commission's chairman, with its full-time members being Shaktikanta Das and Anoop Singh and its part-time members being Ramesh Chand and Ashok Lahiri.
The commission held its first meeting on 2017-12-04. Lahiri was elevated to the status of a full-time member in May 2018 and was accorded the status of a minister of state. Das resigned as member on 11 December 2018, to become the Governor of Reserve Bank of India.
In July 2019, the commission's term was extended by a month to November 2019, and its terms of reference (ToR) were expanded by the Union Cabinet and asked it to consider whether "adequate, secure and non-lapsable" funds could be provided for funding defence and internal security, and how would a distinct system to fund defence and internal security be operationalised
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The Fifteenth Finance Commission (XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing 2020-04-01. The commission's chairman is Nand Kishore Singh, with its full-time members being Ajay Narayan Jha, Ashok Lahiri and Anoop Singh. In addition, the commission also has a part-time member in Ramesh Chand. Shaktikanta Das served as a member of the commission from November 2017 to December 2018.
The Fifteenth Finance Commission was constituted by the Government of India—after getting ceremonial approval from President of India—through a notification in The Gazette of India on 2017-11-27. Nand Kishore Singh was appointed as the commission's chairman, with its full-time members being Shaktikanta Das and Anoop Singh and its part-time members being Ramesh Chand and Ashok Lahiri.
The commission held its first meeting on 2017-12-04. Lahiri was elevated to the status of a full-time member in May 2018 and was accorded the status of a minister of state. Das resigned as member on 11 December 2018, to become the Governor of Reserve Bank of India.
In July 2019, the commission's term was extended by a month to November 2019, and its terms of reference (ToR) were expanded by the Union Cabinet and asked it to consider whether "adequate, secure and non-lapsable" funds could be provided for funding defence and internal security, and how would a distinct system to fund defence and internal security be operationalised
Executives |
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Under PMKVY (2015-16)
Placement was not a feature of PMKVY 1, neither was it tracked. The number mentioned is record of voluntary information shared by TPs and thus shouldn’t be counted as an achievement.
Under PMKVY -2 (2016-20)
Under PMKVY (2015-16)
Placement was not a feature of PMKVY 1, neither was it tracked. The number mentioned is record of voluntary information shared by TPs and thus shouldn’t be counted as an achievement.
Under PMKVY -2 (2016-20)
Startup India Movement launched on 16th January 2016 for promotion of Entrepreneurship among youth.
Startups approved
Start-up India, a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Start-ups in the country that will drive sustainable economic growth and generate large scale employment opportunities.
In order to meet the objectives of the scheme, the corporation has taken following initiatives:
Startup India Movement launched on 16th January 2016 for promotion of Entrepreneurship among youth.
Startups approved
Start-up India, a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Start-ups in the country that will drive sustainable economic growth and generate large scale employment opportunities.
In order to meet the objectives of the scheme, the corporation has taken following initiatives:
The New Development Bank BRICS (NDB BRICS), formerly referred to as the BRICS Development Bank, is multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing US-dominated World Bank and International Monetary Fund. It has headquarters in Shanghai, China.
The Bank is set up to boost infrastructure funding in the emerging economies and offer them tailor-made services.
Making of BRICS Bank:
The BRICS countries in the 4th BRICS summit held in Delhi in 2012 came up with the idea of setting up the bank. It was then proposed by India.
Then at the 5th BRICS summit held in Durban, South Africa in 2013, all BRICS countries agreed to set up a Development bank.
Then at the 6th BRICS summit held in Fortaleza, Brazil, the BRICS countries signed the Agreement on the New Development Bank, which makes provisions for the legal basis of the bank.
The 7th BRICS summit in July 2015 held in Ufa, Russia marked the entry into force of the Agreement.
In July 2015, the bank was launched with K. V. Kamath from India as the first President of the Bank for the first five years.
Some facts about NDB BRICS:
The founding members of the Bank are the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa.
The membership shall be open to members of the United Nations, in accordance with the provisions of the Articles of Agreement of the New Development Bank.
The New Development Bank shall have an initial subscribed capital of US$ 50 billion and an initial authorized capital of US$ 100 billion.
Each BRICS member will contribute an equal share in establishing a startup capital.
All BRICS countries hold equal number of shares and have equal voting rights.
The Bank will have its Headquarters in Shanghai. The Bank may establish offices necessary for the performance of its functions. The first regional office shall be in Johannesburg.
The Bank shall have a Board of Governors, a Board of Directors, a President and Vice-Presidents. The President of the Bank shall be elected from one of the founding members on a rotational basis, and there shall be at least one Vice President from each of the other founding members.
The New Development Bank BRICS (NDB BRICS), formerly referred to as the BRICS Development Bank, is multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing US-dominated World Bank and International Monetary Fund. It has headquarters in Shanghai, China.
The Bank is set up to boost infrastructure funding in the emerging economies and offer them tailor-made services.
Making of BRICS Bank:
The BRICS countries in the 4th BRICS summit held in Delhi in 2012 came up with the idea of setting up the bank. It was then proposed by India.
Then at the 5th BRICS summit held in Durban, South Africa in 2013, all BRICS countries agreed to set up a Development bank.
Then at the 6th BRICS summit held in Fortaleza, Brazil, the BRICS countries signed the Agreement on the New Development Bank, which makes provisions for the legal basis of the bank.
The 7th BRICS summit in July 2015 held in Ufa, Russia marked the entry into force of the Agreement.
In July 2015, the bank was launched with K. V. Kamath from India as the first President of the Bank for the first five years.
Some facts about NDB BRICS:
The founding members of the Bank are the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa.
The membership shall be open to members of the United Nations, in accordance with the provisions of the Articles of Agreement of the New Development Bank.
The New Development Bank shall have an initial subscribed capital of US$ 50 billion and an initial authorized capital of US$ 100 billion.
Each BRICS member will contribute an equal share in establishing a startup capital.
All BRICS countries hold equal number of shares and have equal voting rights.
The Bank will have its Headquarters in Shanghai. The Bank may establish offices necessary for the performance of its functions. The first regional office shall be in Johannesburg.
The Bank shall have a Board of Governors, a Board of Directors, a President and Vice-Presidents. The President of the Bank shall be elected from one of the founding members on a rotational basis, and there shall be at least one Vice President from each of the other founding members.
National symbols of a country represent a host of objects that paint a unique identity about the country’s sensibilities. Representatives are chosen carefully and each depicts a certain virtue that is distinctive characteristic of the country. The rich heritage of India is a result of assimilation of cultural influences from its invaders through the generations. Ours is a multi-faceted culture and the various facets of our heritage require appropriate representation. India has many national symbols with which it identifies itself and takes pride in them. These symbols have been chosen from India’s unique flora and fauna, and its culture and civilization. In a nutshell, these symbols say a lot about India. These symbols are intrinsic to the Indian identity and heritage. Indians of all demographics backgrounds across the world are proud of these National Symbols as they instill a sense of pride and patriotism in every Indian’s heart.
Here is some more information about the national symbols of India:
National Emblem: The National Emblem of India is an adaptation of the Buddhist Lion capital of Ashoka at Sarnath, near Varanasi in Uttar Pradesh.
National Animal: The Tiger is the National Animal of India. It is the symbol of India’s wealth of wildlife. The magnificent tiger, Panthera tigris is a striped animal.
National Bird: The Peacock (Pavo Cristatus), is the National Bird of India. It is the symbol of qualities like beauty and grace.
National Flag: The National Flag is a horizontal tricolour of deep saffron (Kesari) at the top, white in the middle and the dark green at the bottom and a blue wheel (chakra) with 24 sticks at the centre.
National Fruit: The Mango (Mangiferra Indica) is the National Fruit. It has been cultivated in India since time immemorial.
National Tree: The National Tree of India is the Banyan (Ficus bengalensis) Tree. This huge tree towers over its neighbors and has the widest trunk.
National Sport: Sport Field Hockey, in which India has an impressive record with eight Olympic medals, is considered as the National Sport. However, Home Ministry has said that officially, no sport has been accorded, the status of national Sport.
National Anthem: Jana-Gana-Mana. . the song was composed originally in Bengali by Rabindranath Tagore, adopted in its Hindi version is our National Anthem.
National Song: The song Vande Mataram, composed in Sanskrit by Bankimchandra Chatterji, is our National song.
National Calender: The National Calender based on the Saka Era with Chaitra as its first month and a normal year of 365 days was adopted from 22nd March, 1957.
National Flower: Lotus, scientifically known as Nelumbo nucifera is the National Flower of India.
Other National Symbols of India
National Sentence: Satyamev Jayate
Father of the Nation: Mahatma Gandhi
National Foreign Policy: Non-Alignment
National Information Letter: White Letter
National Currency: Rupee
National Festivals:
Republic Day (26th January)
Independence Day (15th August)
Gandhi Jayanti (2nd October)
National River: Ganga
National Aquatic Animal: Dolphin (Platanista gangetica)
National Heritage Animal: Elephant
National symbols of a country represent a host of objects that paint a unique identity about the country’s sensibilities. Representatives are chosen carefully and each depicts a certain virtue that is distinctive characteristic of the country. The rich heritage of India is a result of assimilation of cultural influences from its invaders through the generations. Ours is a multi-faceted culture and the various facets of our heritage require appropriate representation. India has many national symbols with which it identifies itself and takes pride in them. These symbols have been chosen from India’s unique flora and fauna, and its culture and civilization. In a nutshell, these symbols say a lot about India. These symbols are intrinsic to the Indian identity and heritage. Indians of all demographics backgrounds across the world are proud of these National Symbols as they instill a sense of pride and patriotism in every Indian’s heart.
Here is some more information about the national symbols of India:
National Emblem: The National Emblem of India is an adaptation of the Buddhist Lion capital of Ashoka at Sarnath, near Varanasi in Uttar Pradesh.
National Animal: The Tiger is the National Animal of India. It is the symbol of India’s wealth of wildlife. The magnificent tiger, Panthera tigris is a striped animal.
National Bird: The Peacock (Pavo Cristatus), is the National Bird of India. It is the symbol of qualities like beauty and grace.
National Flag: The National Flag is a horizontal tricolour of deep saffron (Kesari) at the top, white in the middle and the dark green at the bottom and a blue wheel (chakra) with 24 sticks at the centre.
National Fruit: The Mango (Mangiferra Indica) is the National Fruit. It has been cultivated in India since time immemorial.
National Tree: The National Tree of India is the Banyan (Ficus bengalensis) Tree. This huge tree towers over its neighbors and has the widest trunk.
National Sport: Sport Field Hockey, in which India has an impressive record with eight Olympic medals, is considered as the National Sport. However, Home Ministry has said that officially, no sport has been accorded, the status of national Sport.
National Anthem: Jana-Gana-Mana. . the song was composed originally in Bengali by Rabindranath Tagore, adopted in its Hindi version is our National Anthem.
National Song: The song Vande Mataram, composed in Sanskrit by Bankimchandra Chatterji, is our National song.
National Calender: The National Calender based on the Saka Era with Chaitra as its first month and a normal year of 365 days was adopted from 22nd March, 1957.
National Flower: Lotus, scientifically known as Nelumbo nucifera is the National Flower of India.
Other National Symbols of India
National Sentence: Satyamev Jayate
Father of the Nation: Mahatma Gandhi
National Foreign Policy: Non-Alignment
National Information Letter: White Letter
National Currency: Rupee
National Festivals:
Republic Day (26th January)
Independence Day (15th August)
Gandhi Jayanti (2nd October)
National River: Ganga
National Aquatic Animal: Dolphin (Platanista gangetica)
National Heritage Animal: Elephant
Name of all the approved stock exchange in India is given below:-
1. U.P. Stock Exchange, Kanpur
2. Vadodara Stock Exchange, Vadodara
3. Koyambtour Stock Exchange, Coimbatore
4. Meerut Stock Exchange, Meerut
5. Mumbai Stock Exchange, Mumbai
6. Over the Counter Exchange of India, Mumbai
7. National Stock Exchange, Mumbai
8. Ahmedabad Stock Exchange, Ahmedabad
9. Bangalore Stock Exchange, Bangalore
10. Bhubaneshwar Stock Exchange, Bhubaneshwar
11. Calcutta Stock Exchange, Kolkata
12. Cochin Stock Exchange, Cochin
13. Delhi Stock Exchange, Delhi
14. Guwahati Stock Exchange, Guwahati
15. Hyderabad Stock Exchange, Hyderabad
16. Jaipur Stock Exchange, Jaipur
17. Canara Stock Exchange, Mangalore
18. Ludhiana Stock Exchange, Ludhiana
19. Chennai Stock Exchange, Chennai
20. M. P. Stock Exchange, Indore
21. Magadh Stock Exchange, Patna
22. Pune Stock Exchange, Pune
23. Capital Stock Exchange Kerala Ltd.,Thiruvananthapuram, Kerala
On July 9, 2007 SEBI has withdrawn its approval from Saurashtra Stock Exchange, Rajkot due to its passive working. Hence the number of approved stock exchanges have come down to 23.
Name of all the approved stock exchange in India is given below:-
1. U.P. Stock Exchange, Kanpur
2. Vadodara Stock Exchange, Vadodara
3. Koyambtour Stock Exchange, Coimbatore
4. Meerut Stock Exchange, Meerut
5. Mumbai Stock Exchange, Mumbai
6. Over the Counter Exchange of India, Mumbai
7. National Stock Exchange, Mumbai
8. Ahmedabad Stock Exchange, Ahmedabad
9. Bangalore Stock Exchange, Bangalore
10. Bhubaneshwar Stock Exchange, Bhubaneshwar
11. Calcutta Stock Exchange, Kolkata
12. Cochin Stock Exchange, Cochin
13. Delhi Stock Exchange, Delhi
14. Guwahati Stock Exchange, Guwahati
15. Hyderabad Stock Exchange, Hyderabad
16. Jaipur Stock Exchange, Jaipur
17. Canara Stock Exchange, Mangalore
18. Ludhiana Stock Exchange, Ludhiana
19. Chennai Stock Exchange, Chennai
20. M. P. Stock Exchange, Indore
21. Magadh Stock Exchange, Patna
22. Pune Stock Exchange, Pune
23. Capital Stock Exchange Kerala Ltd.,Thiruvananthapuram, Kerala
On July 9, 2007 SEBI has withdrawn its approval from Saurashtra Stock Exchange, Rajkot due to its passive working. Hence the number of approved stock exchanges have come down to 23.
Cricket :~
Ashes Cup,
Asia Cup,
C.K. Naidu Trophy,
Deodhar Trophy,
Duleep Trophy,
Gavaskar Border Trophy,
G.D. Birla Trophy,
Gillette Cup,
ICC World Cup,
Irani Trophy,
Jawharlal Nehru Cup,
Rani Jhansi Trophy,
Ranji Trophy,
Rohinton,
Barcia Trophy,
Rothmans Cup,
Sahara Cup,
Sharjah Cup,
Singer Cup,
Titan Cup,
Vijay Hazare Trophy,
Vijay Merchant Trophy,
Wisden Trophy,
Wills Trophy.
Hockey :~
Sultan Azlan Shah Cup,
Aga khan Cup,
Maharaja Ranjit Singh Gold Cup,
Dhyanchand Trophy,
Nehru Trophy,
Sindhia Gold cup,
Murugappa Gold Cup,
Wellington Cup,
Stanley Cup.
Football :~
Rovers Cup,
Bandodkar Trophy,
Merdeka Cup,
Confederation cup,
DCM Trophy,
Durand Cup,
Rovers Cup,
B.C. Raj Trophy (National Championship),
FIFA world Cup,
Jules Rimet Trophy,
Kalinga Cup,
Santosh Trophy,
IFA Shield,
Scissor Cup,
Subroto Cup,
Sir Ashutosh Mukherjee Trophy,
Todd Memorial Trophy,
Vittal Trophy,
UEFA Champions League.
Badminton :~
Amrit Diwan Cup,
Asia Cup,
Chaddha Cup,
European Cup,
Harilela Cup,
Ibrahim Rahimatillah Challenger Cup,
Konica Cup,
Sophia Cup,
Kitiakara Cup,
Malaysian Open,
Thomas Cup (men),
Uber Cup (women).
Table Tennis :~
Travancore Cup (women),
Swathling Cup (men),
Bama Belleck Cup.
Lawn Tennis :~
Davis Cup,
Australian Open,
French Open,
Wimbledon,
US Open,
Heineken Cup.
Golf :~
Augusta Masters,
British Open,
US Maters.
Horse Racing :~
Derby.
Rowing :~
Wellington trophy.
Cricket :~
Ashes Cup,
Asia Cup,
C.K. Naidu Trophy,
Deodhar Trophy,
Duleep Trophy,
Gavaskar Border Trophy,
G.D. Birla Trophy,
Gillette Cup,
ICC World Cup,
Irani Trophy,
Jawharlal Nehru Cup,
Rani Jhansi Trophy,
Ranji Trophy,
Rohinton,
Barcia Trophy,
Rothmans Cup,
Sahara Cup,
Sharjah Cup,
Singer Cup,
Titan Cup,
Vijay Hazare Trophy,
Vijay Merchant Trophy,
Wisden Trophy,
Wills Trophy.
Hockey :~
Sultan Azlan Shah Cup,
Aga khan Cup,
Maharaja Ranjit Singh Gold Cup,
Dhyanchand Trophy,
Nehru Trophy,
Sindhia Gold cup,
Murugappa Gold Cup,
Wellington Cup,
Stanley Cup.
Football :~
Rovers Cup,
Bandodkar Trophy,
Merdeka Cup,
Confederation cup,
DCM Trophy,
Durand Cup,
Rovers Cup,
B.C. Raj Trophy (National Championship),
FIFA world Cup,
Jules Rimet Trophy,
Kalinga Cup,
Santosh Trophy,
IFA Shield,
Scissor Cup,
Subroto Cup,
Sir Ashutosh Mukherjee Trophy,
Todd Memorial Trophy,
Vittal Trophy,
UEFA Champions League.
Badminton :~
Amrit Diwan Cup,
Asia Cup,
Chaddha Cup,
European Cup,
Harilela Cup,
Ibrahim Rahimatillah Challenger Cup,
Konica Cup,
Sophia Cup,
Kitiakara Cup,
Malaysian Open,
Thomas Cup (men),
Uber Cup (women).
Table Tennis :~
Travancore Cup (women),
Swathling Cup (men),
Bama Belleck Cup.
Lawn Tennis :~
Davis Cup,
Australian Open,
French Open,
Wimbledon,
US Open,
Heineken Cup.
Golf :~
Augusta Masters,
British Open,
US Maters.
Horse Racing :~
Derby.
Rowing :~
Wellington trophy.
Important Lines and Boundaries
Marginal Line : 320 km line of fortification on the Russia-Finland border
Line of Actual Control : India & China on the Northern Border
Line of Control : India and Pakistan
Durand Line : Afghanistan and Pakistan
Radcliffe Line : India and Pakistan (its includes Bangladesh Line)
Blue Line : Isreal & Lebanon
Purple Line : Israel and Syria
Green Line : Israel and its neighbours (Egypt, Jordan, Lebanon and Syria)
Mason–Dixon line : Maryland and Pennsylvania/Delaware in Colonial America
Curzon Line : Poland & Russia
Military Demarcation Line (MDL) or Armistice Line : North Korea and South Korea
McMohan Line : India & China
Maginot Line : France & Germany
Mannar haime line : Russia & Finland
Order Neisse Line : Germany & Poland (aftermath of World War II)
Hindenburg Line : Poland & Germany (at the time of First World War)
Sigfried Line East : France & Germany (at the time of second world war)
16 Parallel North : Angola and Namibia
17th Parallel Line : North & South Vietnam
20 Parallel North : Libya & Sudan
22 Parallel North : Egypt & Sudan
25 Parallel North : Mauritania & Mali
26 Parallel North : Western Sahara & Mauritania
31 Parallel North : Iraq & Iran
35 Parallel North : US it serves as border b/w Tennessee/Mississippi, Tennnessee/Alabama, Tennesse/Georgia, North Carolina/Georgia
36 Parallel North : In the US it Forms forms the southernmost boundary of the state of Missouri with the state of Arkansas
38 Parallel North Line : North & South Korea
40 Parallel North : US it serves as border b/w Nebraska & Kansas
41 Parallel North : US it forms the border b/w wyoming/utah border, Wyoming/colorado, Nebraska/Colorado.
42 Parallel North : US it serves as border of new york & Pennsylvania Border
43 Parallel North : US it serves as border of b/w State Nebraska & state of south Dakota
45 Parallel North : US it forms the boundary b/w Montana & wyoming
49 Parallel North (Medicine Line) : USA & Canada
Important Lines and Boundaries
Marginal Line : 320 km line of fortification on the Russia-Finland border
Line of Actual Control : India & China on the Northern Border
Line of Control : India and Pakistan
Durand Line : Afghanistan and Pakistan
Radcliffe Line : India and Pakistan (its includes Bangladesh Line)
Blue Line : Isreal & Lebanon
Purple Line : Israel and Syria
Green Line : Israel and its neighbours (Egypt, Jordan, Lebanon and Syria)
Mason–Dixon line : Maryland and Pennsylvania/Delaware in Colonial America
Curzon Line : Poland & Russia
Military Demarcation Line (MDL) or Armistice Line : North Korea and South Korea
McMohan Line : India & China
Maginot Line : France & Germany
Mannar haime line : Russia & Finland
Order Neisse Line : Germany & Poland (aftermath of World War II)
Hindenburg Line : Poland & Germany (at the time of First World War)
Sigfried Line East : France & Germany (at the time of second world war)
16 Parallel North : Angola and Namibia
17th Parallel Line : North & South Vietnam
20 Parallel North : Libya & Sudan
22 Parallel North : Egypt & Sudan
25 Parallel North : Mauritania & Mali
26 Parallel North : Western Sahara & Mauritania
31 Parallel North : Iraq & Iran
35 Parallel North : US it serves as border b/w Tennessee/Mississippi, Tennnessee/Alabama, Tennesse/Georgia, North Carolina/Georgia
36 Parallel North : In the US it Forms forms the southernmost boundary of the state of Missouri with the state of Arkansas
38 Parallel North Line : North & South Korea
40 Parallel North : US it serves as border b/w Nebraska & Kansas
41 Parallel North : US it forms the border b/w wyoming/utah border, Wyoming/colorado, Nebraska/Colorado.
42 Parallel North : US it serves as border of new york & Pennsylvania Border
43 Parallel North : US it serves as border of b/w State Nebraska & state of south Dakota
45 Parallel North : US it forms the boundary b/w Montana & wyoming
49 Parallel North (Medicine Line) : USA & Canada
Census 2011
Census is nothing but a process of collecting, compiling, analyzing, evaluating, publishing and disseminating statistical data regarding the population. It covers demographic, social and economic data and are provided as of a particular date. Census is useful for formulation of development policies and plans and demarcating constituencies for elections. The Census of India has been conducted 15 times, As of 2011. It has been conducted every 10 years, beginning in 1871.
In Exam point of view, Questions related to Census is very common in all kinds of competitive exams. In every exam, we can expect a minimum of one or two questions from Census. Here is the simple and perfectly categorized 2011 Census of India.
Population – 1210.19 million [Males – 623.7 million (51.54%) Females – 586.46 million (48.46%)]
Top Populous of the Country | ||
1 | Uttar Pradesh | 19,98,12,341 |
2 | Maharashtra | 11,23,74,333 |
3 | Bihar | 10,40,99,452 |
4 | West Bengal | 9,12,76,115 |
5 | Andhra Pradesh | 8,45,80,777 |
Least Populous of the Country | ||
1 | Lakshadweep | 64,473 |
2 | Daman and Diu | 2,43,247 |
3 | Dadra and Nagar Haveli | 3,43,709 |
4 | Andaman and Nicobar Islands | 3,80,581 |
5 | Sikkim | 6,10,577 |
Population Highlight
Highest Populous UT | Delhi |
Least Populous UT | Lakshadweep |
Highest Populous state | Uttar Pradesh |
Least populous state | Sikkim |
Highest urban Population in india (state& UT) | Maharashtra – 4,11,00,980 |
Lowest urban Population in india (state& UT) | Lakshadweep – 26,967 |
Highest Rular Population in india (state& UT) | Uttar Pradesh – 13,16,58,339 |
Lowest Rular Population in india (state& UT) | Lakshadweep – 33,683 |
Sex Ratio (Females per 1000 Males)
Sex ratio in India | 943 |
Highest sex ratio in state | Kerala (1084) |
Lowest sex ratio in state | Haryana (879) |
Highest sex ratio in UT | Pondicherry (1037) |
Lowest sex ratio in UT | Daman and Diu (618) |
Child (0-6 years) sex ratio | 914 |
Highest child (0-6) sex ratio in state | Mizoram (971) |
Lowest child (0-6) sex ratio in state | Haryana (830) |
Literacy Rate in India
Total Person Literacy Rate | 74% |
Males | 82.14% |
Females | 65.46% |
Highest Literacy Rate in State | Kerala (94%) |
Lowest Literacy Rate in State | Bihar (61.8%) |
Hightest Literacy Rate in UT | Lakshadweep (91%) |
Lowest Literacy Rate in UT | Dadra and Nagar Haveli (76.24%) |
Census 2011
Census is nothing but a process of collecting, compiling, analyzing, evaluating, publishing and disseminating statistical data regarding the population. It covers demographic, social and economic data and are provided as of a particular date. Census is useful for formulation of development policies and plans and demarcating constituencies for elections. The Census of India has been conducted 15 times, As of 2011. It has been conducted every 10 years, beginning in 1871.
In Exam point of view, Questions related to Census is very common in all kinds of competitive exams. In every exam, we can expect a minimum of one or two questions from Census. Here is the simple and perfectly categorized 2011 Census of India.
Population – 1210.19 million [Males – 623.7 million (51.54%) Females – 586.46 million (48.46%)]
Top Populous of the Country | ||
1 | Uttar Pradesh | 19,98,12,341 |
2 | Maharashtra | 11,23,74,333 |
3 | Bihar | 10,40,99,452 |
4 | West Bengal | 9,12,76,115 |
5 | Andhra Pradesh | 8,45,80,777 |
Least Populous of the Country | ||
1 | Lakshadweep | 64,473 |
2 | Daman and Diu | 2,43,247 |
3 | Dadra and Nagar Haveli | 3,43,709 |
4 | Andaman and Nicobar Islands | 3,80,581 |
5 | Sikkim | 6,10,577 |
Population Highlight
Highest Populous UT | Delhi |
Least Populous UT | Lakshadweep |
Highest Populous state | Uttar Pradesh |
Least populous state | Sikkim |
Highest urban Population in india (state& UT) | Maharashtra – 4,11,00,980 |
Lowest urban Population in india (state& UT) | Lakshadweep – 26,967 |
Highest Rular Population in india (state& UT) | Uttar Pradesh – 13,16,58,339 |
Lowest Rular Population in india (state& UT) | Lakshadweep – 33,683 |
Sex Ratio (Females per 1000 Males)
Sex ratio in India | 943 |
Highest sex ratio in state | Kerala (1084) |
Lowest sex ratio in state | Haryana (879) |
Highest sex ratio in UT | Pondicherry (1037) |
Lowest sex ratio in UT | Daman and Diu (618) |
Child (0-6 years) sex ratio | 914 |
Highest child (0-6) sex ratio in state | Mizoram (971) |
Lowest child (0-6) sex ratio in state | Haryana (830) |
Literacy Rate in India
Total Person Literacy Rate | 74% |
Males | 82.14% |
Females | 65.46% |
Highest Literacy Rate in State | Kerala (94%) |
Lowest Literacy Rate in State | Bihar (61.8%) |
Hightest Literacy Rate in UT | Lakshadweep (91%) |
Lowest Literacy Rate in UT | Dadra and Nagar Haveli (76.24%) |
From 2010 to 2017 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
State Bank of India | Bharatiya Mahila Bank (BMB) | 2017 |
State Bank of India | State Bank of Travancore (SBT) | 2017 |
State Bank of India | State Bank of Bikaner and Jaipur (SBBJ) | 2017 |
State Bank of India | State Bank of Hyderabad (SBH) | 2017 |
State Bank of India | State Bank of Mysore (SBM) | 2017 |
State Bank of India | State Bank of Patiala (SBP) | 2017 |
Kotak Mahindra Bank | ING Vyasa Bank | 2014 |
ICICI Bank | Bank of Rajasthan Ltd. | 2010 |
From 2000 to 2009 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
HDFC Bank | Centurion Bank of Punjab | 2008 |
ICICI Bank Ltd | Sangli Bank | 2007 |
Indian Overseas Bank | Bharat Overseas Bank | 2007 |
Centurion Bank of Punjab | Lord Krishna Bank | 2006 |
Federal Bank | Ganesh Bank of Kurandwad | 2006 |
Nainital Bank | Bank of Baroda | 2006 |
IDBI Ltd | United Western Bank | 2006 |
IDBI Ltd | IDBI Bank | 2005 |
Bank of Punjab(POB) | Centurion Bank | 2005 |
Bank of Baroda | South Gujarat Local Area Bank | 2004 |
Oriental Bank of Commerce | Global Trust Bank | 2004 |
Punjab National Bank | Nedungadi Bank Ltd. | 2003 |
ICICI Bank | ICICI Ltd. | 2002 |
Bank of Baroda | Benares State Bank Ltd. | 2002 |
ICICI Bank Ltd | Bank of Madura Ltd | 2001 |
HDFC Bank Ltd. | Times Bank Ltd. | 2000 |
From 1990 to 1999 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
Bank of Baroda | Bareilly Corporation Bank Ltd. | 1999 |
Union Bank of India | Sikkim Bank Ltd. | 1999 |
Oriental Bank of Commerce | Bari Doab Bank Ltd. | 1997 |
Oriental Bank of Commerce | Punjab Co-operative Bank Ltd. | 1996 |
State Bank of India | Kashinath State Bank Ltd | 1995 |
Bank of India | Bank of Karad Ltd. | 1994 |
Punjab National Bank | New Bank of India | 1993 |
Bank Of India | Parur Central Bank Ltd. | 1990 |
Central Bank Of India | Purbanchal Bank Ltd. | 1990 |
Indian Bank | Bank of Thanjavur Ltd. | 1990 |
Indian Overseas Bank | Bank of Tamilnadu Ltd | 1990 |
Before 1990 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
Allahabad Bank | United Industrial Bank Limited | 1989 |
Bank of Baroda | Traders Bank Ltd | 1988 |
Punjab National Bank | Hindustan Commercial Bank Ltd | 1986 |
State Bank of India | Bank of Cochin Ltd | 1985 |
Canara Bank | Lakshmi Commercial Bank Ltd | 1985 |
Union Bank of India | Miraj State Bank Ltd | 1985 |
State Bank of India | National Bank of Lahore Ltd | 1970 |
State Bank of India | Bank of Bihar Ltd | 1969 |
From 2010 to 2017 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
State Bank of India | Bharatiya Mahila Bank (BMB) | 2017 |
State Bank of India | State Bank of Travancore (SBT) | 2017 |
State Bank of India | State Bank of Bikaner and Jaipur (SBBJ) | 2017 |
State Bank of India | State Bank of Hyderabad (SBH) | 2017 |
State Bank of India | State Bank of Mysore (SBM) | 2017 |
State Bank of India | State Bank of Patiala (SBP) | 2017 |
Kotak Mahindra Bank | ING Vyasa Bank | 2014 |
ICICI Bank | Bank of Rajasthan Ltd. | 2010 |
From 2000 to 2009 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
HDFC Bank | Centurion Bank of Punjab | 2008 |
ICICI Bank Ltd | Sangli Bank | 2007 |
Indian Overseas Bank | Bharat Overseas Bank | 2007 |
Centurion Bank of Punjab | Lord Krishna Bank | 2006 |
Federal Bank | Ganesh Bank of Kurandwad | 2006 |
Nainital Bank | Bank of Baroda | 2006 |
IDBI Ltd | United Western Bank | 2006 |
IDBI Ltd | IDBI Bank | 2005 |
Bank of Punjab(POB) | Centurion Bank | 2005 |
Bank of Baroda | South Gujarat Local Area Bank | 2004 |
Oriental Bank of Commerce | Global Trust Bank | 2004 |
Punjab National Bank | Nedungadi Bank Ltd. | 2003 |
ICICI Bank | ICICI Ltd. | 2002 |
Bank of Baroda | Benares State Bank Ltd. | 2002 |
ICICI Bank Ltd | Bank of Madura Ltd | 2001 |
HDFC Bank Ltd. | Times Bank Ltd. | 2000 |
From 1990 to 1999 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
Bank of Baroda | Bareilly Corporation Bank Ltd. | 1999 |
Union Bank of India | Sikkim Bank Ltd. | 1999 |
Oriental Bank of Commerce | Bari Doab Bank Ltd. | 1997 |
Oriental Bank of Commerce | Punjab Co-operative Bank Ltd. | 1996 |
State Bank of India | Kashinath State Bank Ltd | 1995 |
Bank of India | Bank of Karad Ltd. | 1994 |
Punjab National Bank | New Bank of India | 1993 |
Bank Of India | Parur Central Bank Ltd. | 1990 |
Central Bank Of India | Purbanchal Bank Ltd. | 1990 |
Indian Bank | Bank of Thanjavur Ltd. | 1990 |
Indian Overseas Bank | Bank of Tamilnadu Ltd | 1990 |
Before 1990 | ||
Name of the Banks Acquired | Name of the Banks got Merged | Year of Merging happened |
Allahabad Bank | United Industrial Bank Limited | 1989 |
Bank of Baroda | Traders Bank Ltd | 1988 |
Punjab National Bank | Hindustan Commercial Bank Ltd | 1986 |
State Bank of India | Bank of Cochin Ltd | 1985 |
Canara Bank | Lakshmi Commercial Bank Ltd | 1985 |
Union Bank of India | Miraj State Bank Ltd | 1985 |
State Bank of India | National Bank of Lahore Ltd | 1970 |
State Bank of India | Bank of Bihar Ltd | 1969 |
National Parks in India
Name |
State |
1. Bandhavgarh National Park |
Madhya Pradesh |
2. Kanha National Park |
Madhya Pradesh |
3. Panna National Park |
Madhya Pradesh |
4. Pench National Park |
Madhya Pradesh |
5. Thattekkad Bird Sanctuary |
Kerala |
6. Idukki Wildlife Sanctuary |
Kerala |
7. Eravikulam National Park |
Kerala |
8. Kumarakom Bird Sanctuary |
Kerala |
9. Periyar Wildlife Sanctuary |
Kerala |
10. Sariska Wildlife Sanctuary |
Rajasthan |
11. Bharatpur Bird Sanctuary |
Rajasthan |
12. Keoladeo National Park |
Rajasthan |
13. Nagarhole National Park |
Rajasthan |
14. Ranthambore National Park |
Rajasthan |
15. Sambhar Wildlife Sanctuary |
Rajasthan |
16. Rajaji National Park |
Uttarakhand |
17. Corbett National Park |
Uttarakhand |
18. Manas National Park |
Assam |
19. Kaziranga National Park |
Assam |
20. Sanjay Gandhi Wildlife Sanctuary |
Maharashtra |
21. Mahim Nature Park |
Maharashtra |
22. Dachigam National Park |
J&K |
23. Hemis High Altitude Park |
J&K |
24. Chilka Lake Bird Sanctuary |
Odisha |
25. Nandankanan Zoo |
Odisha |
26. Similipal National Park |
Odisha |
27. Bandipur National Park |
Karnataka |
28. Dandeli National Park |
Karnataka |
29. Dudhwa National Park |
Uttar Pradesh |
30. Gir National Park |
Gujarat |
31. Mudumalai Wildlife Sanctuary |
Tamilnadu |
32. Nagarjunasagar Wildlife Sanctuary |
Telangana |
33. Renuka Wildlife Sanctuary |
Himachal Pradesh |
34. Sultanpur Bird Sanctuary |
Haryana (Gurgoan) |
35. Sunderbans Tiger Reserve |
West Bengal |
National Parks in India
Name |
State |
1. Bandhavgarh National Park |
Madhya Pradesh |
2. Kanha National Park |
Madhya Pradesh |
3. Panna National Park |
Madhya Pradesh |
4. Pench National Park |
Madhya Pradesh |
5. Thattekkad Bird Sanctuary |
Kerala |
6. Idukki Wildlife Sanctuary |
Kerala |
7. Eravikulam National Park |
Kerala |
8. Kumarakom Bird Sanctuary |
Kerala |
9. Periyar Wildlife Sanctuary |
Kerala |
10. Sariska Wildlife Sanctuary |
Rajasthan |
11. Bharatpur Bird Sanctuary |
Rajasthan |
12. Keoladeo National Park |
Rajasthan |
13. Nagarhole National Park |
Rajasthan |
14. Ranthambore National Park |
Rajasthan |
15. Sambhar Wildlife Sanctuary |
Rajasthan |
16. Rajaji National Park |
Uttarakhand |
17. Corbett National Park |
Uttarakhand |
18. Manas National Park |
Assam |
19. Kaziranga National Park |
Assam |
20. Sanjay Gandhi Wildlife Sanctuary |
Maharashtra |
21. Mahim Nature Park |
Maharashtra |
22. Dachigam National Park |
J&K |
23. Hemis High Altitude Park |
J&K |
24. Chilka Lake Bird Sanctuary |
Odisha |
25. Nandankanan Zoo |
Odisha |
26. Similipal National Park |
Odisha |
27. Bandipur National Park |
Karnataka |
28. Dandeli National Park |
Karnataka |
29. Dudhwa National Park |
Uttar Pradesh |
30. Gir National Park |
Gujarat |
31. Mudumalai Wildlife Sanctuary |
Tamilnadu |
32. Nagarjunasagar Wildlife Sanctuary |
Telangana |
33. Renuka Wildlife Sanctuary |
Himachal Pradesh |
34. Sultanpur Bird Sanctuary |
Haryana (Gurgoan) |
35. Sunderbans Tiger Reserve |
West Bengal |
Some Important Terminology Used in Games
Sr. No.
|
Words Used
|
Games
|
1.
|
Drop
|
Rowing
|
2.
|
Let, Smash, Deuce, Uber Cup, Thomas cup
|
Badminton
|
3.
|
Bishop, Checkmate, Knight
|
Chess
|
4.
|
Cover Drive, Boundary, L.B.W.(Leg Before Wicket), C.W.B.(Caught Behind Wicket) , Ashes , Googly, Duleep Trophy, Ranji Trophy, Wisden Trophy
|
Cricket
|
5.
|
Hitter, Batter
|
Baseball
|
6.
|
Caddie, Tee, Par, Put
|
Golf
|
7.
|
Target, Bull’s Eye
|
Archery
|
8.
|
Corner, Bully, Stick, Long Corner
|
Hockey
|
9.
|
Jump Ball
|
Basketball
|
10.
|
Cue, Cannon, Long Jenny, Jigger
|
Billiards
|
11.
|
Knockout, Welter Weight, Jab, Cut
|
Boxing
|
12.
|
Dribble, Corner Kick, Penalty, Yellow Card, Tie-Breaker, Subroto Cup, B. C. Roy Trophy, Durand Cup
|
Football
|
13.
|
Davis Cup, Wimbledon Trophy, French Open, U S. Open
|
Tennis
|
14.
|
Plug, Muzzle
|
Shooting
|
15.
|
Derby Cup
|
Horse Racing
|
Some Important Terminology Used in Games
Sr. No.
|
Words Used
|
Games
|
1.
|
Drop
|
Rowing
|
2.
|
Let, Smash, Deuce, Uber Cup, Thomas cup
|
Badminton
|
3.
|
Bishop, Checkmate, Knight
|
Chess
|
4.
|
Cover Drive, Boundary, L.B.W.(Leg Before Wicket), C.W.B.(Caught Behind Wicket) , Ashes , Googly, Duleep Trophy, Ranji Trophy, Wisden Trophy
|
Cricket
|
5.
|
Hitter, Batter
|
Baseball
|
6.
|
Caddie, Tee, Par, Put
|
Golf
|
7.
|
Target, Bull’s Eye
|
Archery
|
8.
|
Corner, Bully, Stick, Long Corner
|
Hockey
|
9.
|
Jump Ball
|
Basketball
|
10.
|
Cue, Cannon, Long Jenny, Jigger
|
Billiards
|
11.
|
Knockout, Welter Weight, Jab, Cut
|
Boxing
|
12.
|
Dribble, Corner Kick, Penalty, Yellow Card, Tie-Breaker, Subroto Cup, B. C. Roy Trophy, Durand Cup
|
Football
|
13.
|
Davis Cup, Wimbledon Trophy, French Open, U S. Open
|
Tennis
|
14.
|
Plug, Muzzle
|
Shooting
|
15.
|
Derby Cup
|
Horse Racing
|
Important Revolutions in India:-
1. Green Revolution - Food grains
2. Grey Revolution – Fertilizer
3. Pink Revolution - Onion production/Pharmaceutical (India)/Prawn production
4. Red Revolution - Meat & Tomato Production
5. Yellow Revolution - Oil Seeds production
6. Evergreen Revolution - Overall development of Agriculture
7. Black Revolution - Petroleum Production
8. Blue Revolution - Fish Production
9. Brown Revolution - Leather/nonconventional (India)/Cocoa production
10. Golden Fiber Revolution - Jute Production
11. Golden Revolution - Fruits/Overall Horticulture development/Honey Production
12. Round Revolution – Potato
13. Silver Fiber Revolution – Cotton
14. Silver Revolution – Egg and Poultry Production
15. White Revolution (In India: Operation Flood) - Milk/Dairy production
Important Revolutions in India:-
1. Green Revolution - Food grains
2. Grey Revolution – Fertilizer
3. Pink Revolution - Onion production/Pharmaceutical (India)/Prawn production
4. Red Revolution - Meat & Tomato Production
5. Yellow Revolution - Oil Seeds production
6. Evergreen Revolution - Overall development of Agriculture
7. Black Revolution - Petroleum Production
8. Blue Revolution - Fish Production
9. Brown Revolution - Leather/nonconventional (India)/Cocoa production
10. Golden Fiber Revolution - Jute Production
11. Golden Revolution - Fruits/Overall Horticulture development/Honey Production
12. Round Revolution – Potato
13. Silver Fiber Revolution – Cotton
14. Silver Revolution – Egg and Poultry Production
15. White Revolution (In India: Operation Flood) - Milk/Dairy production
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