English - Idioms and Phrases

Hello Readers,

One of our ardent readers, "Kirti Chandra" provided us with this magnificent post about "Idioms & Phrases. So, here we are presenting you the same.

Thanks for the hardwork Kirti :)

  

• Hobson’s Choice- कोई विकल्प नहीं [no choices accept one (accept or neglect)]
• Hue & Cry- शोर शराबा (noise)
• Get rid off- छुटकारा पाना (Get rid off )
• Talk of town- चर्चित चीज़े (spot light articles)
• A bad egg- ऐसा व्यक्ति जिसका विश्वास न किया जा सके                                   
• Leep / jump in the dark- अँधेरे में तीर चलाना / तुक्का मरना
• Leave in the lurch- मुसीबत में साथ छोडना
• Egg someone in- बहुत ज्यादा सर पर चढ़ाना
• Put all the eggs in one basket- सब कुछ दाव पर लगाना
• Paint the town red- शराब के साथ मौज करना (enjoy with alcohol)
• Go nuts- पागल हो जाना 
• Go bananas- पागलों  की तरह बर्ताव करना (behave like crazy)
• See eye to eye- किसी के साथ सहमत हो जाना (to agree with someone)
• Use sledgehammer to crack a nut- सुई की जगह तलवार उपयोग करना (unnecessary effort)
• Nine days wonder- चार दिन की चान्दनी
• Wonders never cease- आज सूरज कहाँ से निकला?
• By all- हर तरह से
• By any- किसी भी तरह से
• Burns the fingers - अपने ही पैरो पर कुल्हाड़ी मरना
• Cloak and dagger- रहस्यमय या संदिग्ध (for mysterious or suspicious)
• Smell the rat- दाल में कुछ काला
• Something is fishy- कुछ गड़बड़ हैं
• See through some ones sleeves- किसी की चालाकी को भांप लेना
• At daggers drawn- खून के प्यासे / कट्टर दुश्मन
• Snake in the grass- आस्तीन का सांप (Hidden enemies)
• At 11^th floor- एक दम आखिरी समय (Last time)
• Cock and bull story- मनगढ़ंत कहानी (excuses)
• Coin a story- झूठी कहानी
• A dark horse- छुपारुस्तम
• Pandora’s box- मुसीबतों का पहाढ़
• Mammon’s pot- कुबेर का खजाना
• Pay through nose- किसी वस्तु के लिए बहुत ज्यादा भुगतान करना
• Fish out of water- बहुत ज्यादा तकलीफ में
• Fish in troubled water- मज़बूरी का फायदा उठाना
• Put oil in troubled water- किसी के गुस्से को शांत करना (Control the anger)
• Fan the flame- आग को भड़का देना
• Turn the table- बजी पलट देना
• Turn the coat- दल बदलू (Change the side)
• Pick holes in others coat- दूसरे के अन्दर कमियां ढूँढना (Pick fault of others)
• Cut your coat according to the cloth- जितनी चादर उतना ही पैर फैलाना
• Put spoke in other’s wheel- रूकावट डालना / आगे बढ़ने से रोकना
• Keep the powder dry- किसी काम के लिए हर समय तैयार रहना 
• Fly in the soup- रंग में भंग / कबाब में हड्डी
• Fly in the ointment- दूध में पड़ी मक्खी
• On cloud nine- बहुत खुश होना
• On 7^th heaven- सातवें असमान पर होना / बहुत खुश होना
• Once in a blue moon- ईद का चाँद होना / कभी कभी मिलना
• A wet blanket- मुसीबत / दुःख का कारन (cause of problem / sorrow)
• When bulls fight crops suffer- गेहूँ में घुन पिसना
• From the frying pan into the fire- आसमान से गिरे खजूर पर अटके
• The pot calling the kettle black- उल्टा चोर कोतवाल को डांटे
• A bad workman blames his tools- नाच न जाने आंगन टेढ़ा
• Apple pie order- हर चीज़ व्यवस्थित रूप से
• At sixes and sevens- अस्त व्यस्त / तितर बितर
• Bone of contention/ Apple of discord- झगड़े की जड़
• The raining cats and dogs- मूसलाधार बारिश
• Walk and chew gum- एक साथ कई कम करना (become multitasking at a point)
• Chips of the same block- एक ही थाली के चट्टे बट्टे
• Birds of a feather flock together- चोर चोर मौसेरे भाई
• Bite the hand beat you- जिसमें खाना उसी में छेद करना
• Cry over spilt milk- अब पछताए होत क्या जब चिड़िया चुग गई खेत
• Make hay while the sun shines- बहती गंगा में हाथ धुलना
• Telling your grand to suck the eggs- मेरी बिल्ली मुझसे ही म्याऊ
• A rolling Stone- एक जगह पर न टिके / धोबी का कुत्ता

 Thanks Kirti :)

00:40 - By Unknown 0

RBI Grade - B Exam - A brief of Capital Market

Financial Market-

Any marketplace where buyers and sellers participate in the trade of assets such as equities, bonds, currencies and derivatives. Financial markets are typically defined by having transparent pricing, basic regulations on trading, costs and fees and market forces determining the prices of securities that trade.

Money Market-

A segment of the financial market in which financial instruments with high liquidity and for very short time are traded. The money market is used by participants as a means for borrowing and lending in the short term, from several days to just under a year. Money market securities consist of negotiable certificates of deposit (CDs), Treasury bills, commercial paper and repurchase agreements (repos).

Capital Market-

These are the financial market for buying and selling of funds for long terms, these consists of Shares, Debentures, equities etc,

Capital market is regulated by- SEBI (Securities and Exchange Board of India)

Lets understand Capital Market instruments in deep :

Capital Market consists of two main blocks, they are-

• Primary Market
• Secondary Market

Primary Market (New Issue Market)-

A market that issues new securities on an exchange. Companies, governments and other groups obtain financing through debt or equity based securities.

Secondary Market-

Secondary market is basically a reselling market , Here the stocks that are already sold in the primary market are resold mostly by the stockholders or companies to gain more returns.

Mr. Bye Bye (rival of Tata) decided to enter in the Retail industry for this he had 50 percent of funds with him, to raise the remaining amount he decided to take the route of Primary market, He offered his company shares to public and this step of offering the securities for the first time in the Capital market is called as Initial Public Offering (IPO), He can raise the money by the following means-

Bonds and Debentures –

The common man which invested in the bond agreement of Mr. Bye Bye’s company will receive a bond/Debt agreement , this will say that the common man will get the same amount of money plus interests by Mr. Bye after the specified time limit . The person subscribing the Bond instrument does not have a ownership in the company. As a debenture holder, you provide unsecured loan to the company. It carries a higher rate of interest as the company does not give any collateral to you for your money. For this reason bond holders receive a lower rate of interest but are more secure.

Shares/Equities-

Companies usually divide their capital into small parts of equal value. This smallest part is known as a share. Companies usually issue shares in the public to raise capital. People who buy or are allotted shares are called shareholders. If a person is subscribing the equities issued by Mr. Bye then he will get the same amount of money that he subscribed plus he will get the additional amount that will depand on the profit of the company, equity means you are a part of the company and will get your due if the company earns a big amount of profit in the financial year, but you are in a danger to loose if the company does not do well, equities are more dangerous and high returns oriented than the bonds.

ACRONYMS CORNER-

SEBI- Securities and Exchange Board of India

IPO- Initial Public Offerings

00:38 - By Unknown 0

Banking Notes for RBI & SBI exams

Dear readers, here we are posting some notes on General Knowledge (Banking), which will be helpful in the upcoming RBI and SBI exams.

                                    Quick Notes

Ø  FII: Foreign Institutional Investment  - The term is used most commonly in India to refer to outside companies investing in the financial markets of India. International institutional investors must register with the Securities and Exchange Board of India to participate in the market.

Ø  FDI: Foreign Direct Investment  - It is a direct investment into production or business in a country by an individual or company of another country, either by buying a company in the target country or by expanding operations of an existing business in that country.

Ø  MSF: Marginal Standing Facility - Under this scheme, banks will be able to borrow upto 1% of their respective net demand and time liabilities. The rate of interest on the amount accessed from this facility will be 100 basis points (i.e. 1%) above the repo rate. This scheme is likely to reduce volatility in the overnight rates and improve monetary transmission.

Ø  FIU: Financial Intelligence Unit set by the Government of India on 18 November 2004 as the central national agency responsible for receiving, processing, analysing and disseminating information relating to suspect financial transactions.

Ø  SEBI: Securities and Exchange Board of India -  SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in India are governed and regulated by SEBI. Its main functions are:

1. New issues (Initial Public Offering or IPO)

2. Listing agreement of companies with stock exchanges

3. Trading mechanisms

4. Investor protection

5. Corporate disclosure by listed companies etc.

Note:  SEBI is also known as capital regulator or mutual funds regulator or market regulator. SEBI also created investors protection fund and SEBI is the only organization which regulates the credit rating agencies in India. (CRISIL and CIBIL).

Ø  IRDA: Insurance Regulatory and Development Authority  - It is an autonomous apex statutory body which regulates and develops the insurance industry in India.

Ø  FINANCIAL REGULATORS IN INDIA - RBI, SEBI, FMCI (Forward Market Commission of India), IRDA etc.

Ø  ASBA:  Application Supported by Blocked Amount  -  It is a process developed by the SEBI for applying to IPO. In ASBA, an IPO applicant’s account doesn’t get debited until shares are allotted to him.

Ø  DEPB Scheme: Duty Entitlement Pass Book - It is a scheme which is offered by the Indian government to encourage exports from the country. DEPB means Duty Entitlement Pass Book to neutralise the incidence of basic and special customs duty on import content of export product.

Ø  LLP: Limited Liability Partnership, is a partnership in which some or all partners (depending on the jurisdiction) have limited liability.

Ø  Balance sheet:  A financial statement that summarises a company’s assets, liabilities and shareholders’ equity at a specific point in time.

Ø  TAN: Tax Account Number, is a unique 10-digit alphanumeric code allotted by the Income Tax Department to all those persons who are required to deduct tax at the source of income.

Ø  PAN: Permanent Account Number, as per section 139A of the Act obtaining PAN is a must for the following persons:-

1. Any person whose total income or the total income of any other person in respect of which he is assessable under the Act exceeds the maximum amount which is not chargeable to tax.

2. Any person who is carrying on any business or profession whose total sales, turnover or gross receipts are or are likely to exceed Rs. 5 lakh in any previous year.

3. Any person who is required to furnish a return of income under section 139(4) of the Act.

Ø  JLG: Joint Liability Group, when two or more persons are both responsible for a debt, claim or judgment.

Ø  IRR: Internal Rate of Return, is a rate of return used in capital budgeting to measure and compare the profitability of investments.

Ø  MICR: Magnetic Ink Character Recognition  - A 9-digit code which actually shows whether the cheque is real or fake.

Ø  UTR Number: Unique Transaction Reference number  - A unique number which is generated for every transaction in RTGS system. UTR is a 16-digit alphanumeric code. The first 4 digits are a bank code in alphabets, the 5th one is the message code, the 6th and 7th mention the year, the 8th to 10th mentions the date and the last 6 digits mention the day’s serial number of the message.

Ø  RRBs: Regional Rural Banks  - As its name signifies, RRBs are specially meant for rural areas, capital share being 50% by the central government, 15% by the state government and 35% by the scheduled bank.

Ø  MFI: Micro Finance Institutions  -  Micro Finance means providing credit/loan (micro credit) to the weaker sections of the society. A microfinance institution (MFI) is an organisation that provides financial services to the poor.

Ø  PRIME LENDING RATE: PLR is the rate at which commercial banks give loans to its prime customers (most creditworthy customers).

Ø  BASE RATE: A minimum rate that a bank is allowed to charge from the customer. Base rate differs from bank to bank. It is actually a minimum rate below which the bank cannot give loan to any customer. Earlier base rate was known as BPLR (Base Prime Lending Rate).

Ø  EMI: Equated Monthly Installment  - It is nothing but a repayment of the loan taken. A loan could be a home loan, car loan or personal loan. The monthly payment is in the form of post dated cheques drawn in favour of the lender. EMI is directly proportional to the loan taken and inversely proportional to time period. That is, if the loan amount increases the EMI amount also increases and if the time period increases the EMI amount decreases.

Ø  Basis points (bps): A basis point is a unit equal to 1/100th of a percentage point. i.e. 1 bps = 0.01%. Basis points are often used to measure changes in or differences between yields on fixed income securities, since these often change by very small amounts.

Ø  Liquidity: It refers to how quickly and cheaply an asset can be converted into cash. Money (in the form of cash) is the most liquid asset.

Ø  P-NOTES: “P” means participatory notes.  These are the instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India - SEBI.

Ø  Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form for funds deposited at a bank or other eligible financial institution for a specified time period.

Ø  Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. It was introduced in India in 1990. Corporates and the All-India Financial Institutions are eligible to issue CP.

Ø  REER: Real Effective Exchange Rate.

Ø  NEER: Nominal Effective Exchange Rate.

Ø  LIBOR: London Inter Bank Offer Rate.

Ø  MIBOR: Mumbai Inter Bank Offer Rate.

Ø  EFT – Electronic Fund Transfer

Ø  NEFT  –  National Electronic Funds Transfer

Ø  RTGS  – Real Time Gross Settlement

Ø  ATM – Automated Teller Machine

Ø  CBS – Core Banking Solution

Ø  CORE in CBS stands for “Centralized Online Real-time Exchange.”

03:03 - By Unknown 0

All about Fiscal Deficit

Definition of 'Fiscal Deficit: When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings).

Now let us understand what Revenues and expenditures are :

Every family needs to plan their budget so that they don’t go in to the deficit trap. In ideal conditions revenues should always exceed the expenditures.

How revenues are generated:

Tax Revenues: These are those revenues that are generated through the taxes levied on public such as Income Tax, Corporate Tax, Wealth Tax, Fringe benefit taxes (these all are direct taxes i.e. levied on the individual directly), there are some other taxes which in turn are sources of govt. revenues such as, VAT, custom duty, excise duty, service tax (these are types of indirect taxes).

Grants and aids: India enjoys a special love of nature resulting in floods, droughts, lovely Tsunamis (lol), cyclones etc etc etc… So India gets different Grants and Aids from the World banks, ADBs, big boy US, or anybody who wishes to help.

Fines and Penalties: remember that traffic walle bhaiya, sometimes he refuses your chai paani k lie lelo help, All those times the income goes in to govt’s pockets.

Expenditures:

As India is a developing country here Ameer is more Ameer and Gareeb is more Gareeb concepts follow so Govt. has to spend on the different Rajiv Gandhis, Mahatma Gandhis and Pradhan mantris scheme(MNERGA,JNNURAM,PDS schemes etc..).

India is lucky with some peaceful neighbors in the vicinity so India has to spend a chunk of revenues for Defense (Unplanned expenditure).

FRBM Act(Fiscal Responsibility and Budget Management act):

As per the target, revenue deficit, which is revenue expenditure minus revenue receipts, have to be reduced to nil in five years beginning 2004-05. Each year, the government is required to reduce the revenue deficit by 0.5% of the GDP.

How Fiscal Deficit is harmful-

Debt Trap-Fiscal deficit is a type of Debt trap, It creates a deficit which can be filled by extra borrowings or increased taxes creating burden on economy or extra debt

Inflation- The money released by the govt. for different schemes never reaches to the needy and is transferred to the pockets of middlemen who can now buy a new merc or chunks of gold which leads to inflation.

Black money- Now the money that is with the bribe masters cannot be in India because of Income tax officials’ fear so they are transferred to Tax heavens i.e. so called Swiss Banks, this create a shortfall of Taxes in India creating a poor Tax collection.

How Fiscal Deficit is not harmful-

Fiscal deficit occurs when govt. spends more in the fiscal year as compared to the revenues generated in the period, If all that Yojanas mentioned earlier turnout to be a success will create more employment, better health of the people, better infrastructure and will eventually leads to a prosperous economy, that will help to curb the Financial Deficit in the coming years.

11:59 - By Unknown 0

Computer Quick Notes For SBI Exam

Dear, readers we are presenting you a Computer Quick notes which will be helpful in your SBI PO & SBI Clerk Exam.

Computer Quick Notes

1.    A collection of 8 bits is called byte.

2.    A website containing periodic posts is called blog

3.    Starting up on operating system is called booting.

4.    A program used to browse the web is called browser.

5.    Vacuum tube was used in First Generation Computer

6.    The 1st commercially produced and sold computer (1951) was UNIVAC.

7.    http stands for hyper text transfer protocol.

8.    The part of a computer that works with the data/programs is called CPU.

9.    The code for a Web page is written using Hypertext Markup language

10.  The first computers were programmed using Machine language

11.  A filename is a unique name that you give to a file of information

12.  This can be another word for program software

13.  Any data or instruction entered into the memory of a computer is considered as storage

14.  Which part of the computer displays the work done monitor

15.  A series of instructions that tells a computer what to do and how to do it is called a program

16.  Hardware is the part of a computer that one can touch and feel .

17.  Supercomputers refers to the fastest, biggest and most expensive computers

18.  Executing is the process of carrying out commands

19.  The rectangular area of the screen that displays a program, data, and or information is a window

20.  The process of a computer receiving information from a server on the internet is known as - downloading

21.  Disk drive is the part of the computer helps to store information

22.  Arithmetic operations include addition, subtraction, multiplication, and division

23.  A keyboard is the king of input device

24.  A collection of related information sorted and dealt with as a unit is a file

25.  Sending an e-mail is similar to writing a letter

26.  IT stands for information technology

27.  A menu contains commands that can be selected

28.  Plotter, printer, monitor are the group consists of output devices

29.  Edit menu is selected to cut, copy and paste

30.  The most important or powerful computer in a typical network is network server

31.  The primary purpose of software is to turn data into information

32.  The ability to find an individual item in a file immediately direct access is used.

33.  To make a notebook act as a desktop model, the notebook can be connected to a docking station which is connected to a monitor and other devices

34.  You can use the tab key to move a cursor across the screen, indent a paragraph.

35.  A collection of related files is called record.

36.  Storage that retains its data after the power is turned off is referred to as non-volatile storage.

37.  A syntax contains specific rules and words that express the logical steps of an algorithm.

38.  Changing an existing document is called the editing documentation

39.  Virtual memory is memory on the hard disk that the CPU uses as an extended RAM.

40.  Computers use the binary number system to store data and perform calculations.

41.  The windows key will launch the start buttons.

42.  To move to the beginning of a line of text, press the home key.

43.  When sending an e-mail, the subject lines describe the contents of the message.

44.  Tables, paragraphs and indexes work with when formatting text in word.

45.  TB is the largest unit of storage.

46.  The operating system tells the computer how to use its components.

47.  When cutting and pasting, the item cut is temporarily stored in clipboard.

48.  The blinking symbol on the computer screen is called the cursor.

49.  Magnetic tape is not practical for applications where data must be quickly recalled because tape is a sequential because tape is a sequential access medium.

50.  Rows and columns are used to organize data in a spread sheet.

51.  When you are working on documentation on PC, the document temporarily stored in flash memory.

52.  One megabyte equals approximately 1 million bytes.

53.  Information travels between components on the motherboard through buses.

54.  RAM refers to the memory in your computer.

55.  Computer connected to a LAN can share information and or share peripheral equipment

56.  Utilities can handle most system functions that aren‘t handled directly by the operating system

57.  If you receive an e-mail from someone you don‘t know then you should delete it without opening it.

58.  A set of instructions telling the computer what to do is called program

59.  LAN refers to a small single site network

60.  A collection of programs that controls how your computer system runs and processes information is called operating system.

61.  Device drivers are small, special-purpose programs

62.  Transformation of input into output is performed by the CPU

63.  Data going into the computer is called input.

64.  Binary choice offer only two options

65.  To indent the first paragraph of your report, you should use tab key

66.  A website address is a unique name that identifies a specific web site on the web

67.   A set of computer programs used for a certain function such as word processing is the best definition of a software package

68.  Alt, Ctrl & Shift keys in a keyboard are known as: Modifier key 

69.  Caps lock, Num lock & Scroll lock in a keyboard are known as: Toggle key

70.  F1 to F12 keys in a keyboard are known as: Function keys

08:34 - By Unknown 0