Competition ZENITH

What are bonds? Bonds are instruments of debt - typically used by corporates to raise money from investors. Difficulties giving birth to Masala Bonds? Previously Indian companies had to rely on external commercial borrowings or ECBs to raise money from overseas investors. The challenge with ECBs is the entity raising money is faced with a currency risk - they have to be raised and repaid in dollar terms. So if till the time of repayment the conversion value of Rupee to Dollar down further then the Indian company has to larger Rupee to repay the pre determined Dollar value.

Hello Friends, The biggest battle is over and the we are constantly getting the inputs on the level of exams and the questions asked in the examination. Our readers have shared a lot of questions that was asked in today's SBI PO Mains Exam. Below is the section wise details of the Exam :

Directions (Q.1-10): Read the following passage carefully and answer the questions given below. Certain words/phrases have been printed in bold to help you locate them. In the pecking order, Rajya Sabha TV nowhere figures in the TRP ratings. But if sobriety , objectivity and fairness count, sans the hyperventilation that passes for news these days, perhaps RSTV would be a shoo-in for the top slot. In many ways, the channel reflects the House of Elders. The detailed discussions on government policies, besides the telecast of Rajya Sabha proceedings on prime time, are its trademark. Yet, at one stroke the short-lived Twitter furore that ensued over its inadequate coverage of the celebration of International Yoga Day led by Prime Minister Narendra Modi, managed not only to stoke pent-up communal feelings and ideological hatred against the Congress-appointed Vice-President Hamid Ansari who happens to be a Muslim, but also the channel he heads. The attack was on both. Fortunately, and ...

Directions (Q.1-10): Read the following passage carefully and answer the questions given below. Certain words/phrases have been printed in bold to help you locate them. Monday’s attack on the Afghan Parliament building demonstrated the Taliban’s unshaken capability to strike at even the most fortified of complexes in Kabul. This fits into its strategy of staging high-profile assaults aimed at gaining asymmetric superiority in the Afghan war. In the past they had attacked the Presidential Palace, the U.S. and Indian embassies and the Intercontinental Hotel in Kabul. The Parliament attack coincided with a vote in the House to endorse a new Defence Minister. The Taliban have been on the offensive since most of the foreign troops, some 14,000 of them from 40 countries at the peak of war, withdrew late last year. The Taliban’s actions have often been exposing the vulnerabilities of Afghanistan’s fledgling army. If the Taliban are allowed to return to power, it would be catastrophic...

Directions (Q.1-10): Read the following passage carefully and answer the questions given below. Certain words/phrases have been printed in bold to help you locate them. The smell of death continues to hang over the Laxmi Nagar slum in Malvani in Mumbai’s western suburbs. The first reports of deaths from spurious liquor came in last week, and over the next four days the toll has crossed 100, making it Maharashtra’s worst such tragedy. In 2004, the death toll in a similar tragedy went up to 87. The use of methanol, the highly toxic alcohol, is once again the factor in these deaths. The human scale of the tragedy is shocking. It has killed the chief bread-winners, widowed several women, some as young as 18, and orphaned small children who have no means to survive. Mainkaini Swami alias Akka, the alleged mastermind, runs a bootlegging network, and is on the run. Two of her associates were arrested, but Akka remains elusive. She was arrested five times in the past, but has continued ...

Prime Minister Narendra Modi has announced three insurance and pension schemes for the social welfare. These are the latest burning topics in the current affairs sections. We can expect many questions out of these in the coming exams. So we have prepared a PDF for you so that you can download it eaisly and tie it up in your notes sections. CLICK HERE   to download the PDF

“Dear customer, XXX bank offers Pradhan Mantri Suraksha Bima Yojana, an accidental cover of Rs.2 lakh for annual premium amount of Rs.12. To enroll, SMS PMSBY <nominee name> Y to XXX from your registered mobile number. The premium amount will be debited from your bank savings account.” Did you recently get this message from your bank? If not, then you may soon get it. In his budget speech, finance minister Arun Jaitley said the government will launch two insurance products — Pradhan Mantri Suraksha Bima Yojna (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). “A large proportion of India’s population is without insurance of any kind, health, accidental or life. Worryingly, as our young population ages, it is also going to be pension-less. Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana (PMJDY), I propose to work towards creating a universal social security system for all Indians that will ensure that no Indian citizen will have to worry about ...

Micro Units Development and Refinance Agency Bank (or MUDRA Bank), a public sector financial institution of India is launched by Prime Minister Narendra Modi on 8 th April 2015 under the Pradhan Mantri Jan Dhan Yojana for funding the unfunded small entrepreneurs. The Main Objectives of Mudra Bank are, to encourage entrepreneurs and small business units to expand their capabilities and operations, to reduce over indebtedness and to provide formal system of credit (finance). Agriculture & Self-employment will be the focus areas of MUDRA Bank. Reason for establishing Mudra Bank? MFIs do not meet the funding requirements of small entrepreneurs who want more than Rs.50,000 and up to a few lakhs. Commercial banks, too, are reluctant to have business relationships with this segment of borrowers. There are 57.7 million small business units and only 4% of them are able to access institutional finance. How does one solve the funding gap? This very reason led to the establish...