Important Books and Authors

IMPORTANT BOOKS :---

1. ( CHETAN BHAGAT )
- Five point someone ---- 3 Idiots
- One night at the call centre --- Hello movie
- Three mistakes of my life --- Kai po che
- Two state
- Revolution 2020
- What young India wants

2. (ARUNDHATI ROY)
- God of small things
- Ending of imagination
- The shape of beast
- Listening to grassopers

3. (KIRAN BEDI)
- I Dare

4. (V. S. NAIPAUL)
- A house for Mr. Biswas
- A bend in the river
- Area of darkness
- The mast of africa
- Half a life
- A flag on the island in a free state
- The enigma of arrival
- Magic seeds
- Finding the centre

5. (R. K. NARAYANAN)
- Malgudi days
- A waiting for the mahatma
- The dark room
- Swami and friend
- My days
- Guide
- Vendor of street
- A writer nightmare
- The horse and two
- Painter of sign

6. (Mulk Raj Anand)
- Untouchable
- Coolie
- Two Leaves and a Bud
- The Village
- Across the Black Waters
- The Sword and the Sickle
- The Private Life of an Indian Prince

7. (Amartya Sen)
– Poverty and Famines
– On Ethics and Economics
– Commodities and Capabilities
– Hunger and Public Action
– Inequality Reexamined
– On Economic Inequality
– Development as Freedom
– India: Development and Participation
– The Argumentative Indian
– Identity and Violence

8. (Jhumpa lahiri)
- The Namesake
- Interpreter of Maladies
- Uncustommed Earth
- The Lowland
- One World: A Global Anthology of Short Stories

Indian Geography and Nick Names of some places

>>> INDIAN GEOGRAPHY - NICK NAMES OF
SOME PLACES <<<
**********************************************
1) Golden City – Amritsar
2) Manchester of India - Ahmedabad
3) City of Seven Islands - Mumbai
4) Queen of Arabian Sea - Cochin
5) Space City - Bangalore
6) Garden City of India - Bangalore
7) Silicon Valley of India - Bangalore
8) Electronic City of India - Bangalore
9) Pink City – Jaipur, Orange City - Nagpur
10) Gateway of India - Mumbai
11) Twin City - Hyderabad - Secunderabad
12) City of Festivals - Madurai
13) Deccan Queen - Pune
14) City of Buildings - Kolkata
15) Dakshin Ganga - Godavari
16) Old Ganga - Godavari
17) Egg Bowl of Asia - Andhra Pradesh
18) Soya Region - Madhya Pradesh
19) Manchester of the South - Coimbatore
20) City of Nawabs - Lucknow
21) Venice of the East - Cochin
22) Sorrow of Bengal - Damodar river
23) Sorrow of Bihar - Kosi river
24) Blue Mountains - Nilgiri
25) Queen of the Mountains - Mussoorie

Banking Material for IBPS RBI Exams

RBI : IMPORTANT  INFORMATION

1.Establishment on April 1, 1935 in accordance with the provision of the Reserve Bank India Act, 1934.
2.Central office at Mumbai since inception.
3.Though originally privately owned, since nationalization in 1949 fully owned by the Government of India.
The preamble prescribes  the objective as : “…to regulate the issue of bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operated the currency and credit system of the country to its advantage.”

Central board :
1. Appointed / nominated by the central Government for a period of 4 years.
2. Constitution: Official Directors:
Full-Time: Governor and not more than four deputy governors.
Non-official Directors:
Nominated by Government: Ten directors from various field and one government official.
Others: Four Directors – one  each from four local boards.

Functions :General superintendence and direction`s of the Bank`s affairs.

Local boards:
a) One each for the four regions of the country in Mumbai, Calcutta (Kolkata), Chennai and New Delhi.
b) Membership: Consists of 5 members each, Appointed by central government. For a term of 4 years.
c)Functions; To advice the Central board on local matters and to represent territorial and economics interests of local cooperative and indigenous banks: to perform such other functions as delegated by Central board from time to time.

Umbrella Acts
1. Reserve Bank of India Act, 1934 : Governs the Reserve Bank functions.
2. Banking regulation act, 1949 governs the financial sector.

Acts governing specific functions
a. Public debt act, 1944/Government Security Act (proposed) : Governs government debt market .
b. Securities Contract (Regulation) Act, 1956 : Regulates government security market.
c. Indian coinage Act , 1906 : Governs currency and coins,
d. Foreign Exchange Regulation Act, 1973/Foreign Exchange Management Act, 1999:Governs foreign exchange market.

Acts governing Banking operations
a. Companies Act ,1956 :Governs bank as companies.
b. Banking companies (acquisition and transfer of undertakings) Act 1970/1980 Relates to nationalization of banks.
c. Banker`s books evidence act
d. Banking secrecy act
e. Negotiable instruments ACT ,1881

Acts Governing Individual Institutions
1. State Bank of  India Act , 1954
2. Industrial development Bank of India
3. National Bank for Agriculture rural development ACT
4. National Housing Bank act
5. Deposit insurance  and  credit guarantee Cooperation Act

Monetary Authority:
1. Formulates, implements and monitor the monetary policy .
2. Objective: Maintaining price stability and ensuring adequate flow of credit to productive sector.

Manager of Exchange control:
1. Manages the foreign exchange management act, 1999.
2. Objective : To facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India.

Issue of currency:
a. Issues and exchange or destroys currency and coins not fit for circulation.
b. Objective : to give the public adequate quantity of supplies of currency notes and coins in good quantity .

RBI Related functions:
1.Banker to the government : Performs merchant banking functions for the central and state governments also acts as their banker.
2.Banker to banks:  Maintains banking accounts of  scheduled banks.

Offices:
Has 29 regional offices, most of the in state capitals.
Training stabilities.

SUBSIDIARIES:
Full owned: National Housing Bank(NHB), National Bank of Agriculture and Rural development (NABARD), Deposit Insurance and Credit Guarantee (DICGC), Bharatiya  Reserve Bank Note Mudra Private Limited (BRBNMPL)
Majority stake :State bank of India.
Minority stake: Infra-structure Development Finance Company (IDFC),Securities Training Corporation of India (STCI), Discount and Finance House OF India (DFH).

Customer service:
Help desks: in all departments and all offices to give general guidance to public.

Regulations review Authority : constantly reviews rules and regulations to make them more customer friendly.