Monday, 2 November 2015

Aptitude Questions

What should come in place of the Question Mark (?) in the following number series?

Q1. 948   474   ?   118.5   59.25   29.625

(1) 221                        (2) 190

(3) 237                       (4) 189.06

(5) None of  These

Ans.  (3)


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Q2. 60 men consume 280 kg of rice in 14 days . In how many days will 30 men consume 120 kg of rice ?

(1) 8 days                    (2) 12 days

(3) 7 days                     (4) 9 days

(5) None of these

Ans. (2)

Inspirational Stories

One man decided to reach for his dream. But he didn’t have enough strength to do it. So he turned to his mother:
– Mother, help me!
– Darling, I would be glad to help you, but I don’t have it. And everything I have, I already gave to you…
He asked a wise man:
– Master, tell me, where can I get strength?
– It is said that, it is on the Everest. But I couldn’t find anything there, except the snowy winds. And when I came back, the time was irretrievably lost…
He asked the hermit:
– Holy Father, where to find the strength for realization of my dream?
– In your prayers, my son. And if your dream is false, you will understand it and find peace in your prayers…
The person asked everyone, but the only result of his searches was confusion.
– Why are you so confused? – asked an old man passing by.
– I have a dream, good man. But I don’t know where to find strength for its realization. I asked everyone, but there was no one who could help me.
– No one? – a light flashed in the old man’s eyes, – And did you ask yourself?



One day a son came to his father for an advice:
– Dad, I can’t do this anymore, – he said, – those lessons only exhaust me, and the result doesn’t change. It must be not destined for me to play football and my dream will never come true.
The father looked at his son with loving eyes and said:
– You know son, every person in life has a dream, a goal of his life. They are the ones that make us do what we are doing, because it’s what we should do. We have to fight for what we believe in, what we feel. In other case, you will simply brake. Once – and for all. As thought you were never there. The easiest way is to quit everything and not go until the end, because the path is difficult and we are not used to inconveniences. We want everything to be easy and at once. But the wishes are fleeting! This is how our dream dies, and the goal becomes unreachable. Gradually, life becomes a routine without depth and meaning. Then one day, we try to forget and start everything from the beginning, we wait for a new day to make our life different. But new obstacles come in our way, and we stop again. We become full of despair and anger for our own helplessness. But you only need to remember one thing: never give up, fight, battle. It doesn’t matter that you have lost one battle and even dozens of battles. Life goes on! Your biggest enemies are hiding in you – laziness, fear, doubt, indecision. Be a warrior of your dream, a knight of your goal and a soldier of your wishes.



One man wanted to become powerful. When he heard that there was a sage who lived high in the mountains and could work the miracles, he went to him. This man prepared food for a sage, wrapped up his feet and did everything, what is necessary in such cases. The old man was very kind and friendly, but being asked about the miracles, he always repeated one thing:
—I am a simple man and don‘t know any miracles.
But the dodger thought so: “This is a sure sage sign. Only the one who knows can say such things. And the one who declares himself as a knower, do not know anything”. Time has passed. A man did not leave. Day and night he was serving a sage, hoping to extract his secret. One night the young man started to massage the old man‘s feet, asking him about miracles. Soon the old man wanted to sleep and said:
— It‘s enough. Stop it!
But the dodger said him:
— I will not stop until you open me the secret of working the miracles!
— Well, — a sage said, — let it be in your way! I will give you a very powerful spell. You have to tell it nine times after you made a wish. This is very powerful spell! So, every your wish will come true.
When the young man received what he had dreamt about, he was very happy and started to gather his things. A sage told him:
-But do not hurry, there is one condition.
-What kind of condition? – the young man asked.
-To make your wish come true, you have to concentrate on it in the full silence. And, most importantly, you do not have to think about the yellow monkey!
– Oh, that’s not a problem! – the young man said. – I’ve never thought about any monkey.
And he left. On the way home he started to see some faces. But he was in a hurry and did not pay much attention to it. He wanted to sit in the silence and make a wish as soon as possible.
When he reached the home, it seemed to him that the monkeys looked at him from all windows. “What a delusion?” – he thought. But that was only the beginning! As soon as he sat down, made a wish, and told a spell, the most interesting thing has begun! The monkeys surrounded him. They screamed, built the smiley faces, pulled his clothes. It was unbearable!
When the morning came, he didn’t dream about any miracles. He just wanted to sleep. But vainly! The monkeys persecuted him everywhere.
The next evening the young man visited a sage. A sage was waiting for him.
-What happened? Did the monkeys disturb you? – a sage asked, smiling.
-It‘s not time to laugh. Is it funny? – the young man asked. – Did the monkeys bother me? You are an old man and you are not ashamed to make such jokes? I have accepted you as my teacher, and what you did? I almost went crazy! Take your spell back and free my mind. Instead of teaching me the miracles, you have developed the monkey mind in me.
A sage, gently smiling, said:
– It‘s your fault. I warned you that I do not know any miracles. Moreover, I wanted to show you how undeveloped and enslaved is your mind. And, first of all, you have to develop it


There was a little, but always cranky girl. Everything was bad for her. It wasn‘t enough toys, the gifts she was getting were wrong. She wished to meet an enchantress that would turn her life a fairy tale.
One day an enchantress came to the little girl and said that she will fulfil one of her wishes. The girl became very happy at first, but then she started to think: she had a lot of wishes and all of them were important for her. The girl thought for a long time, she could not choose just one. Then kind enchantress said that she gives her the fulfilment of one wish every day. The girl became happier: now all her dreams will come true. She thanked kind enchantress and ran home.

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From that day she was waiting for every morning with joy and enthusiasm: because one more dream will come true for her. The days passed, the dreams came true… But soon the little girl realized that fulfilment of the wishes does not give her joy and happiness which she hoped for. Many wishes brought her disappointment, and some even a pain. Almost every dream was an empty little girl’s caprice. Being satisfied, she suddenly realized that she did not want this.
The girl was getting sadder and sadder day by day, and wish-fulfilment did not bring any joy to her. Soon she started to fear her own dreams.
So the girl went to the kind enchantress and asked her to take her terrible gift back. She was afraid to live, afraid to wake up every day, waiting for an imminent execution of another wish. Crying, she asked an enchantress to fulfil only one her dream: to live as she lived before and enjoy life. And that her many wishes would remain only the wishes, from which she will select the one she will bring to her life.
Kind enchantress had mercy upon the little girl. She waved her magic wand and disappeared. The girl ran home. She was happy, because she knew that now she would laboriously seek for her one big cherished dream, not wasting time with short-term, in fact, quite unnecessary whims.

Current Affairs

1. India has signed two keys Memorandum of Understanding (MoUs) with Indonesia to strengthen it ties with its maritime neighbour. These MoUs were inked in the presence of Vice President Hamid Ansari and his counterpart Jusuf Kala after their bilateral talks in Jakarta.

2. Captain Krishna Swaminathan has assumed charge as the second Commanding Officer (CO) of Indian Navy’s new and formidable aircraft carrier INS Vikramaditya. He will succeed Captain Suraj Berry who was holding this position since the ship was commissioned at Severodvinsk in Russia on 16 November 2013. Previously, Mr.Swaminathan had commanded many missile vessels inclduing INS Vidyut and Vinash, missile corvette INS Kulish and guided missile destroyer INS Mysore. He also had served on the staff of the Western Fleet, an instructor at the Defence Services Staff College, Wellington and Director and Principal Director Naval Signals at Naval Headquarters. He is an alumnus of the National Defence Academy (NDA), Pune.

3. Roger Federer of Switzerland has won 2015 Swiss Indoors Basel Title of Tennis in men’s single category played at Basel. In the final match, he defeated his old foe Rafael Nadal of Spain by 6-3, 5-7, 6-3 score. With this victory, Federer ended his three-and-a-half year drought against Nadal. It is Federer’s seventh Basel trophy and overall 88th title of his career at the tour-level. Swiss Indoors is a professional men’s tennis tournament played on indoor hard courts. Currently, it is currently part of the World Tour 500 Series of the ATP Tour. Since 1995, the tournament is held annually at the Jakobshalle stadium in Basel, Switzerland.


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4. BrahMos supersonic cruise missile was successfully test fired from on board of recently inducted guided missile destroyer INS Kochi off the western coast. Test:  It was overall 49th trial of the BrahMos missile. It successfully hit decommissioned target ship “Alleppey” which was stationed 290 km away after performing high-level and complex manoeuvres.

5. Hero MotoCorp patriarch and Doyen of Indian two-wheeler industry Brijmohan Lall Munjal passed away in New Delhi.  He was 92. He was the founder and chairman of Hero MotoCorp and Hero Honda which is the world’s largest motorcycle manufacturer.

6. Ruling Justice and Development Party (AKP) founded by President Recep Tayyip Erdogan has won a critical 2015 Parliamentary Election of Turkey.

Thought of the Day

Life is 10% what happens to you and 90% how you react to it.

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Banking Question

Q1. Which is the country’s third largest private sector lender whose name has been officially changed to the Axis Bank ltd. ?
  1. HDFC Bank
  2. Lord Krishna Bank
  3. Centurion Bank
  4. UTI Bank
Ans. (4)

Q2. In which year was the Reserve Bank of India established ?
  1. 1935
  2. 1947
  3. 1949
  4. 1952
Ans.(1)

Q3. Expand the term LIBOR as used in financial banking sectors?
  1. Local Indian Bank Offered Rate
  2. London-India Bureau Of Regulations
  3. Liberal International Bank Official Ratio
  4. London Inter Bank Offered Rate
Ans.(4)

Q4. Which of the following is the apex institution which handles refinance for agriculture and rural development in India?
  1. RBI
  2. SIDBI
  3. NABARD
  4. SEBI
Ans.(3)
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Q5. In which denomination were India's first bimetallic coins issued in the year 2009?
  1. Rs. 100
  2. Rs. 5
  3. Rs. 10
  4. Re. 1
Ans. (3)

Q6. Which of the following is not the function of the Reserve Bank of India ?
  1. Acting as banker to the Government
  2. Keeping of Foreign Exchange Reserve
  3. Issuing of one rupee notes and coins
  4. Regulating credit in the country
Ans. (3)

Q7. With which of the following is SARFAESI Act 2002 related?
  1. Recovery of bad loans
  2. Regulation of Foreign Exchange
  3. Fixation of interest rates
  4. Acquisition of small banks
Ans.(1)

Sunday, 1 November 2015

INSPIRATIONAL STORIES

The war was going. Men were fighting. Women were carrying food to soldiers day and night, nursing the injured. In the village only old people and children remained.
One old man took an old plough and started sharpening it, mending it while singing something. His wife said to him with annoyance:
– You have a stone heart! Your sons joined a deadly battle, the village is in mourning. Your comrades are thinking about the fate of the village, and you, knowing this, are mending the plough and singing a song! If someone would ask, whom are you trying for, what would you say? Tomorrow the enemy will come here, they will kill you and us too, and they will take your plough.
– Woman, what are you talking? They will kill us, but not the plough. I’m building – not destroying. The world is resting on this plough: if we survive, we will need the plough, and if we die, maybe the love for labour will awaken in those who will take it. Maybe even I will be blessed. We don’t know, what is what in this world.


One day Adam came to God asking to create a partner for him, because he was tired of loneliness. After considering it, God decided to create a Woman and wished to create her wise and harmonious.
So he took a little bit of gentleness and tenderness from the morning dew and added there a little bit of strength and stiffness from the rocks which formed the mountains. Later he took a little bit of assertiveness from the water flow and a bit of flexibility and pliability from the clay, a bit of kingship from the lioness and a little of meekness from the dove, a little bit of kindness and warmth from the evening sun and added there a couple of drops from the vial ‘Severity’. He took equal parts of the endurance of the ox and fragility of a wildflower, the mystery of the night and the clarity of the day; he added to his masterpiece a little bit from the twitter of the birds and from the silence of the celestial heights, for courage He added defencelessness, for sharpness – naivety. He wanted to add some other qualities, but he changed His mind. He decided to leave an empty space for creativity of the Spirit. For the last strokes God gave His masterpiece two talents: be a good mother to her children and a good wife to her husband, and so that the woman, by inexperience, wouldn’t mix those talents, God divided them and hid them in different parts of her nature.
By putting all of these qualities together in a Woman God breathed life into her.

So the Woman, spirited and full of Life, stood before God as he created her in the fullness of herself. She wished to look at herself immediately, that is why she glanced at her reflection in the waters of the lake and smiled because her appearance was so beautiful. She was happy, but soon she glanced inside of her depth and she was frightened of what she found inside. She turned to God with bitterness in her voice:
– Is that something you can call harmony? How can I combine so many oppositions that are inside of me? And where is the wisdom that was promised to me?
And then a soft golden light poured on her, and she heard the voice of God:
– That’s what you will have to learn.
The affection distorts the perception. The Master used to talk about it often. One day his students got an amazing example, proving those words. They heard the Master talking to one mother.
– How is your daughter living?
– My dear daughter! She is so happy. She has a wonderful husband! He gave her a car, bought her jewellery that she dreamed about, hired servants for her. They serve her breakfast in bed, and she stays in bed until noon. He’s not a husband, but a prize!
– And how’s your son?
– My poor boy! He married a real grouch! He gave her everything that she wanted: a car, jewellery, an army of servants. And she is lying in bed until noon! And doesn’t even get up to make breakfast for her husband!

One day after a high tide lots of sea-stars were brought to the shore. They started drying up in the sun. A boy, walking down the shore started throwing the sea-stars into the sea, so that they could continue their lives.
A person came up to him and asked:
– Why are you doing this? Look around! There are millions of sea-stars; the shore is covered with them. Your attempts won’t change anything!
The boy picked up the following sea-star, thought for a moment, threw it into the sea and said:
– No, my attempt will change a lot…for this sea-star.

Two men were seriously ill. They occupied the same room in the hospital. One of them was lying in the bed near the only window in their room. Every day he was allowed to spend some time sitting up in his bed to help draining the fluid from lungs. The other man was forced to spend all his days flat on his back.
They talked a lot about their life, families, jobs, vacations. Every time, when the first man was sitting by the window, he described in details all that he saw outside the window. His roommate always looked for those moments, when his world was broadened and brightened up by the world outside.
Amazing views of a park with a beautiful lake could be seen from the window of their room. Children delightfully played among ducks and swans. Couples walked arm in arm among colourful flowers. Also the stunning city skyline could be seen.
When the man by the window had been thoroughly describing all that was happening outside the window, his roommate would close his eyes and imaged all the beautiful scenes of life that were told to him.
One night the man, whose bed was near the window, died peacefully during sleep and his roommate was very sad.
After some time, when the nurse came to visit him, he asked if he could be moved next to the window. The nurse agreed and kindly made the switch. When she left, the man slowly and painfully propped himself up on one elbow and took the first look at the world outside. He was stunned. The window faced a blank wall.
When the nurse came to visit him the next time, he told her about beautiful things outside the window that his roommate described him. The nurse replied that his roommate was a blind man. She said: „Probably he just tried to encourage you.“

World's cast-off capital goes from riches to rags

The famous textile recycling industry of Panipat is heading for shutdown. Where will that leave the West's sartorial spillover? 

It's hard to imagine that the coarse grey woollen blankets issued to the rural poor could conceal a shred of Chanel or a fibre from Fendi. Unknown to villagers, high fashion - removed by several industrial processes, down an inverted value chain - sits heavily on their shoulders.

Of all the ironies inherent in recycling, this is most piquant: discarded wool and acrylic clothing from the West is converted into yarn in India and woven into blankets, blazers and shawls that find their way to the poor, to people affected by disaster, to the army, to school children, and even to passengers on the railway.

It's the working of what's called the 'shoddy' industry in Panipat. This historic city in Haryana is in fact the global capital of textile fibre recycling. Every year, about 1,44,000 tonnes of mutilated worn clothes and textiles that are trashed by America, Europe and parts of Asia - and dock, via containers, at ports in Mumbai and Kandla, in Gujarat - are purchased by Panipat's shoddy manufacturers for recycling.

Signs of the trade are everywhere - trucks piled high with clothes lumber down gritty gullies towards recycling units, beyond whose gates are passageways lined with textile scraps and loose buttons. Further in are cavernous warehouses, where women sort the clothes into colour families of reds, browns, greens, etc. Labels, zippers and buttons (resold at 25 paise a kg) are separated from the fabric, which is then shredded on mounted scythes to collect strips of solid colour. Three tonnes of fabric produce around 1.5 tonnes of yarn, which is woven back into shoddy fabric. The labour is divided: women sort and strip, men work the shredding and carding machines. Impressively, textile recycling put Panipat on the global map.

But the city's historic battlefields are now witnessing another turf war - between 'shoddy' yarn and polyester. Polyster, which makes a cheaper, lighter, more supple blanket, is starting to edge 'shoddy' out of the textile stakes, leaving shoddy yarn manufacturers with dormant carding machines, mountains of untouched clothes and a depleting workforce.

"There were around 600 to 700 shoddy yarn and textile manufacturers in Panipat up until 2012; now there are barely 150 units," says Rajneesh Baweja, whose company Mehak Handloom Industries is hanging by a thread. "I may have to shut down next year." Baweja's company was set up by his father, a migrant from Pakistan's Punjab, in the early '80s, around the time entrepreneurs started cashing in on the West's sartorial spillover.

"Around 30,000 to 40,000 kg of old clothes came into my factory every day; now it's 80,000 kg a month," complains Baweja, who says he doesn't have the heart to sack his 25 workers (down from 100), even as unsold blankets pile up. A few years ago, organizations like the UN, non-profits, governments, the army, hospitals and even prisons bought shoddy blankets, but it was disasters that made the industry a killing. "At the time of the 2001 Bhuj earthquake, around 10 lakh blankets were picked up from Panipat. During the Nepal earthquake this year, four to five lakh sold," Baweja says. "But you can't run a business on the back of a crisis alone."

Businessmen like Surinder Gupta are planning to sell their machines in scrap. "Some have shut shoddy units and started manufacturing polyester blankets," he says. The odds are in favour of synthetic. A 1.5 X 2m polyester blanket weighs 300 gms and costs Rs 70; its shoddy counterpart weighs 1.5 to 2 kg and costs Rs 100. Polyester lasts about 3-4 seasons; shoddy probably two.

Not surprising, during the 2013 Uttarakhand floods Venkat Velagala, a disaster risk management consultant in Delhi, dispatched polyester blankets to the hills. "They're warmer, lighter and easier to transport, which matters when you're covering inhospitable terrain," says Velagala.

Anil Spinners' new polyester mill has a daily production capacity of 7,000 kg. "We design the blankets ourselves," says Manav Goel, the 27-year-old son of Ashok, the proprietor who believes the future, with polyester, is bright. At his old, ailing shoddy factory, as women sit around scythes, mechanically slicing coats and trousers, jackets and shirts, Goel says casually, "Gap, Armani-sharmani - they're all here."

But not for long. Observers fear the recycling business will grind to a halt in less than a decade. "In 2010, the production value of our shoddy industry was Rs 90 crore a month. Now it's Rs 35 crore," says Pawan Garg, president of the All India Woollen & Shoddy Mills Association. "The industry imported around 800 containers of mutilated clothes a month; now it's down to 300 (each weighing about 25 tons)."

Even the Bureau of International Recycling, headquartered in Belgium, is concerned. "The decline of Panipat as an industry will impact the recycling of worn clothing to a huge extent. Export will be diverted to other countries like Pakistan, China, Morocco, Kenya and Tanzania. But they have very small recycling industries," says Mehdi Zerroug, president of the BIR Textiles Division, on email.

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More than 30% of the world's manufactured clothing is recycled. Some of it is converted into yarn, while the balance is utilized by the cleaning industry. "If this industry were to close it would be a very big problem globally as there would be more of this material going into landfills, adding to the problem of pollution," Zerroug warns.

Now, Panipat's labour force - which used to number around 90,000 in its heyday - is also retreating home to Bihar and UP or seeking jobs elsewhere in Panipat. "We're worried about the future," admits Manju Rahman, a shredder at Shankar Lal & Company. While there will be work in the new polyester factories, being far less labour-intensive, they'll absorb less than a quarter of the shoddy workforce.

Even as an estimated 5,000 tonnes of clothes sit idle in this city, people like Baweja believe the shoddy industry can never entirely be snuffed out. "Governments will still want to distribute our blankets during polls," he reckons, "They're heavier and carry the weight of a politician's promise."

Photo caption — Losing ground: Shoddy blankets are being edged out by polyester ones, which are cheaper, warmer and last longer. The number of shoddy textile units in Panipat has come down to 150 from around 700 in 2012