## Why India ranks low in Ease of Doing business? – NITI Aayog’s Survey

What is the need for the survey?

• Last year, after the World Bank’s Ease of Doing Business Ranking placed India at a lowly 130 out of 150 countries.
• Prime Minister Narendra Modi asked bureaucrats to explain the reasons for the country’s poor performance and directed them to work on improving the ranking.

Who has taken the survey?

• The survey is taken by the Niti Aayog and the Mumbai-based think tank, IDFC Institute, for about 10 months.
• It reveals that the efforts of the Centre and state governments to ease the system of permits and clearances notwithstanding, most entrepreneurs still feel hobbled (shuffled) by the country’s regulatory environment.

How much is the sample size and what industry is chosen to take data?

• The survey of more than 3,000 manufacturing enterprises across the country shows that most firms do not use the single-window systems for business and regulatory clearances.

Which state has topped the ease of doing business survey?

• The survey shows that even in the best performing state, Tamil Nadu, the process takes more than 60 days — on average it takes nearly four months to set up a business in India.
• But the Centre repeatedly claiming that a firm can be incorporated in less than a week.

• The gap between claims and ground realities suggests that the government’s outreach system requires sprucing up.
• But the gap is also a sign of a persistent problem with governance in India: The difficulty of cutting the red tape of the lower bureaucracy. This explains why on an average, entrepreneurs need more than 100 days to get a construction permit.

What are the remarks by World Bank?

• The World Bank’s report, last year, had also highlighted that delays in issuing construction permits affected the ease of doing business in India.
• The Bank’s report came in for criticism — some of it justified — by Commerce Minister Nirmala Sitharaman and Minister of Law and Justice and Electronics and IT, Ravi Shankar Prasad, who released the Niti Aayog-IDFC report.
• But the government cannot ignore the similarities in the two reports when the economy is slowing down and generating new jobs looks even more of a challenge.

What are the major sectors surveyed?

• The textiles, food processing and non-metallic minerals sectors account for almost two-thirds of the firms surveyed by the Niti Aayog and IDFC.
• Entrepreneurs in these employment-intensive sectors are more likely to face problems and securing construction and other permits, compared to the capital-intensive ones.

How the survey should impact the governance?

• The survey should serve as a wake-up call to government and a reminder that over two decades after economic reforms the Indian state is still flailing when it comes to easing the path for entrepreneurs.

Source : The New Indian Express

## Yet Another Inspirational moment by M S Dhoni at Asia Cup 2016

In spite of injury Dhoni’s resolve came to the front and he was ready for the crucial game against Pakistan in the Last year’s Asia Cup.

National chief selector M.S.K. Prasad’s recent comments on M.S. Dhoni is yet again proved Dhoni is an inspiration to everyone who are facing obstacles at their life.

India was about to face off against arch rivals Pakistan but a serious concern ruined MSK Prasad’s sleep. Indian skipper (then) MS Dhoni suffered an injury whilst training for the game and there was a lot of skepticism surrounding his participation in the game.

“While training at the gym late in the night, Dhoni picked up weights and suddenly there was a catch in his back and fell with the weight. Thankfully, the weight did not fall on him. He could not walk, he was literally crawling. He pressed the alarm bell, and the medical staff immediately came and attended him. He was taken on a stretcher,” Prasad recollected.

### No answer to the Journalists

He also said that there was no answer given to the journalists regarding his fitness and that sparked a row on social media. He then revealed what happened between Dhoni and Prasad two days before the big game. A concerned Prasad apparently called up the selection committee chief (then) Sandeep Patil to inform about Dhoni’s vulnerable state and Parthiv Patel landed in Bangladesh the next day.

“So, I went to Dhoni’s room to know what the issue was. He said, ‘don’t worry MSK bhai.’ I even asked him what should I tell the scribes, and the answer again was ‘don’t worry MSK bhai.’ I asked him whether we should call for a replacement, and he again told me not to worry,” Prasad said.

“There was so much pressure before a big match. The next morning I went to his room and he told me not to worry. But I felt things were not right. (As a selector) I couldn’t take Dhoni’s words for granted, so I called up the then chief selector Sandeep Patil and told him the situation. Immediately, Parthiv Patel was sent in as a replacement. By evening, Parthiv had joined the team,” Prasad revealed.

### Dhoni walking with great difficulty

He also recalled the moment when Dhoni was walking towards a swimming pool inside the hotel with great difficulty. Prasad said Dhoni was in no condition to play the game, but what transpired later spoke volumes about the legend’s character and he explained why Dhoni is an inspiration to millions.

“Dhoni said he was trying to walk. I was thinking how could he even think of playing when he could barely walk. Dhoni looked at me and said, ‘don’t worry, you have anyway got Parthiv without telling me. So, you are safe.

“Before the team was announced in the afternoon, Dhoni was all dressed up for the game. He called me to his room and asked me why was I worrying so much? Then he said, even if my one leg is not there, I will still play against Pakistan,” Prasad said. He conluded his speech telling that is what Dhoni is made off and great players don’t make excuses no matter what the situation is.

Asking the youngsters to learn about overcoming obstacles from Dhoni’s example, Prasad said: “Dhoni comes from an area where there are no facilities.”

“When there are no facilities, it is your inner power that will take you to the next level.”

Share the story with your friends to get them inspired.

## The biggest Cyber Attack of all time : WannaCry Ransomware

A global cyber attack has been underway since last Friday, affecting more than 200,000 organisations in 150 countries. In India too, many organisations including Government Departments are facing the Ransomeware effect. In fact, RBI has told that white label ATM expansion stopped due to this cyber threat.

The “WannaCry” ransomware appears to have used a bug/weakness/flaw in Microsoft’s software, discovered by the National Security Agency and leaked by hackers, to spread rapidly across networks locking away files.

A security expert managed to stop the attack by triggering a “kill switch” on Saturday but it has continued to wreak havoc. (wreak havoc is an idiom used to describe something that is causes lot of trouble )

Ransomware, which demands payment after launching a cyber attack, has become a rising trend among hackers looking for a quick payout.

Let’s look at some important points to know about the Ransomware.

What is ransomware?

Malicious software that locks a device, such as a computer, tablet or smartphone and then demands a ransom to unlock it
Where did ransomware originate?

The first documented case appeared in 2005 in the United States, but quickly spread around the world
How does it affect a computer?

The software is normally contained within an attachment to an email that masquerades as something innocent. Once opened it encrypts the hard drive, making it impossible to access or retrieve anything stored on there – such as photographs, documents or music
How can you protect yourself?

Anti-virus software can protect your machine, although cybercriminals are constantly working on new ways to override such protection
How much are victims expected to pay?

The ransom demanded varies. Victims of a 2014 attack in the UK were charged £500. However, there’s no guarantee that paying will get your data back

## 4 facts about Bitcoin you must know

What is BitCoin?
A digital currency, used to make payments of any value without fees. It runs on the blockchain, a decentralised ledger kept running by “miners” whose powerful computers crunch transactions and are rewarded in bitcoins

Who invented it?
Satoshi Nakamoto, a secretive internet user, invented bitcoin in 2008 before it went online in 2009. Many attempts to identify Satoshi have been made without conclusive proof

What’s it for?
People see value in money free from government control and the fees banks charge; as well as the blockchain, to verify transactions. Bitcoin has been seen as a tool for private, anonymous transactions, and it’s the payment of choice for drug deals and other illegal purchases

Is it worth anything?
Yes. As of December 2016, there were around 16m bitcoins in circulation. In March 2017, the value of a Bitcoin, at $1,268, exceeded that of an ounce of gold ($1,233) for the first time.

## All about Centre’s Universal Immunization Programme

### Centre launches pneumococcal vaccine for 21 lakh children

The Centre launched the Pneumococcal Conjugate Vaccine (PCV) under its Universal Immunization Programme (UIP) on May 13.

PCV prevents severe forms of pneumococcal disease, including pneumonia and meningitis.

In the first phase, the vaccine is being administered to 21 lakh children in Himachal Pradesh, Bihar and Uttar Pradesh. The scheme will later be extended to Madhya Pradesh, Rajasthan, and then the entire country.

### In numbers: Statistics of pneumonia in India

Out of all infectious diseases, Pneumonia is the biggest killer of children under five in India as well as globally; India accounts for 20% of these deaths internationally.

To tackle the problem, the pentavalent vaccine was scaled up in all states under the UIP last year, which protects against Haemophilus influenzae Type B pneumonia.

### Aim: Centre’s immunization aim

The UIP has managed to provide immunization to over 2.6 crore beneficiaries. It started with covering six preventable diseases, but now protects against 12.

In line with its aim, the government sought to bring the PCV, which was available earlier too but only in the private sector, to “those who need them the most, the underprivileged and underserved”.

## SBI PO Syllabus 2017 with must read topics

Today we are sharing the Exam Pattern and Syllabus of SBI PO 2017 Preliminary Exam with a deep analysed Difficulty levels and Its likeliness to appear in the Prelims examination.

The Prelims exam of SBI PO 2017 will start from 29th April this year.

You have more than 2 months to prepare for SBI PO 2017 Preliminary exam.

Many of you might be worrying about the two important things – “What will be the expected Syllabus? Which types of Questions can be asked in SBI PO Prelims Exam?

 S. No. Name of Section No. of Questions Total Marks Exam Duration 1. English Language 30 30 1 hour 2. Quantitative Aptitude 35 35 3. Reasoning Ability 35 35 Total Questions & Marks 100 100

## SSC CHSL (10+2) 2015 Paper-II Results Out

The Staff Selection Commission has published the marks of SSC CHSL (10+2) 2015 Paper-II. Candidates who attend the exam SSC CHSL (10+2) 2015 Paper-II to check the results below link .

To check results on PDF File Link is given below:

## Logical Reasoning (Blood Relation) Practice Test – 1

Question 1:

Introducing a boy, a girl said, “He is the son of the daughter of the father of my uncle.” How is the boy related to the girl?

a) Brother

b) Nephew

c) Uncle

d) Son-in-law

Explanation:

The father of the boy’s uncle → the grandfather of the boy and daughter of the grandfather → sister of father.

Question 2 :

Each of these questions is based on the following information:

1. A + B means A is the mother of B.
2. A – B means A is the sister of B.
3. A * B means A is the father of B.
4. A β B means A is the brother of B.

If A + B means A is the brother of B; A – B means A is the sister of B and A x B means A is the father of B. Which of the following means that C is the son of M?

a) M – N x C + F

b) F – C + N x M

c) N + M – F x C

d) M x N – C + F

Explanation:

M x N → M is the father of N

N – C → N is the sister of C

and C + F → C is the brother of F.

Hence, M is the father of C or C is the son of M.

Question 3 :

If P + Q means P is the brother of Q; P x Q means P is the father of Q and P – Q means P is the sister of Q, which of the following relations shows that I is the niece of K?a) K + Y + Z – I

b) K + Y x I – Z

c) Z – I x Y + K

d) K x Y + I – Z

Explanation:

K + Y → K is the brother of Y

Y x I → Y is the father of I

Hence, → K is the uncle of I

and I – Z → I is the sister of Z

Hence, → I is the niece of K.

Question 4 :

If A $B means A is the brother of B; A @ B means A is the wife of B; A # B means A is the daughter of B and A * B means A is the father of B, which of the following indicates that U is the father-in-law of P? a) P @ Q$ T # U * W

b) P @ W $Q * T # U c) P @ Q$ W * T # U

d) P @ Q $T # W * U Answer: Option A Explanation: P @ Q → P is the wife of Q …(1) Q$ T → Q is the brother of T …(2)

T # U → T is the daughter of U

Hence, → Q is the son of U …(3)

U * W → U is the father of W.

From (1) and (3), U is the father-in-law of P.

Question 5 :

A . B5D means B is the father of D.

B. B9D means B is the sister of D.

C. B4D means B is the brother of D.

D. B3D means B is the wife of D.

Which of the following means F is the mother of K?

a) F3M5K

b) F5M3K

c) F9M4N3K

d) F3M5N3K

Explanation:

F3M → F is the wife of M

M5K → M is the father of K

Therefore, F is the mother of K.

## DI – How to Approach Pie Chart Problems in Data Interpretation

### Analysis of Data Interpretation questions asked in previous exams

 Exam No of Questions In Clerk In PO Prelims Mains Prelims Mains IBPS RRB 15 5 10 20 SBI 10 20 10 20 BOB 5 10 15 10 RBI 15 20 10 15
 No of Questions
 SSC CGL 3 – 5 SSC CHSL 5

#### Kind of Data are represented as PIE CHARTS usually:

Pie charts are useful for displaying data that are classified into nominal or ordinal categories.

1. Nominal data are categorized according to Descriptive or qualitative information such as county of birth or type of pet owned. Ordinal data are similar but the different categories can also be ranked, for example in a survey people may be asked to say whether they classed something as very poor, poor, fair, good, very good.
2. Pie charts are generally used to show percentage or proportional data and usually the percentage represented by each category is provided next to the corresponding slice of pie.
3. Pie charts are good for displaying data for around 6 categories or fewer. When there are more categories it is difficult for the eye to distinguish between the relative sizes of the different sectors and so the chart becomes difficult to interpret.

### How to approach and get data from Pie charts?

##### Degree approach

The central angle  in circle represents 360° so any part or segment in a pie chart is calculated as a proportion of 360° .

##### Percentage Approach

In this case, any part or segment in a pie chart is calculates as a part of 100%.

 Percentages Degree Total 100% 360° Hence 1% 3.6° Kerala 10% 36° Andhra Pradesh 20% 72° Srilanka 25% 90° Maharashtra 15% 54° Tamil Nadu 30% 108°

• Always keep in your Mind that in the circular Graph or Charts 100% =360 Degree .
• Formulas and Full Concept of Percentage ,Average, Approx. Value and Ratio.
• While solving keeps in mind that which Type of chart is using in the question this will help you to get the correct answer.
• First Read the Question and try to interrupt in the question as the Topics says DATA INTERPRETATION.Because every bank wants the PO who can handle and Play with numbers of Figures just in few seconds and not just calculate it with closed eyes.
• The whole of the DA concept is based on Calculation so if you want to be perfect in DA and DI don’t even use calculator at home while practicing.One who can calculate fast and accurate even Large numbers without calculator is 50% ready for the Any Aptitude test.
• Try to use your mind while solving DA questions. Try to write only important Lines on the paper and Others just write and calculate in your Mind.This can be easily done by practicing More and More at Home.
• Don’t feel confusing and no need to Try and Solve all the questions only Focus on questions with you are more familiar and you find yourself in such a way that you can solve the question accurately.
• Try to solve all types of Questions while practicing this will not confuse you in the exam.

Beginners Level:

The Following piechart shows the amount of subscripttion generated for India Bonds from different category for investors.

1. If the total investment flows from FII’s were to be doubled in the next year and the investment flows from all other sources had remained constant at their existing levels for this year, then what would be the proportion of FII investment in the total investment into India Bonds next year (in US \$ millions) ?

Solution

FII’s currently account for 33 out of 100.

If their value is doubled and all other investments are kept constant then their new value would be 66 out of 133 = approximately equal to 50%

2. If the total investment other than by FII and corporate houses is Rs 335,000 then the investment by NRI’s and Offshore funds will be (approximately) ?

Solution

Investment other than NRI and corporate houses is 33% = 335000.

Also, investment by offshore funds and NRI’s is equal to 27%.

Hence, 27 x 335,000/33 = 274 090.909

3. What percentage of the total investment is coming from FII’s and NRI’s ?

Solution

(33 + 11) = 44

4. If the investment by NRI’s are Rs 4,000 then the investments by corporate houses and FII’s together is:

Solution

(67/11) x 4000 = 24 363.6364

In the corporate sector, approximately how many degrees should be there in the central angle ?

Solution

34 x 3.6 = 122.4 (since 1% = 3.6 degrees)

Intermediate Level :

The following pie-chart shows the percentage distribution of the expenditure incurred in publishing a book. Study the pie-chart and the answer the questions based on it.

1. If the difference between the two expenditures are represented by 18º in the pie-chart, then these expenditures possibly are

Solution:

Central angle of 18º = (18/360)x100% of the total expenditure

= 5% of the total expenditure.

From the given chart it is clear that:

Out of the given combinations, only in combination (d) the difference is 5% i.e.

Paper Cost – Printing Cost = (25% – 20%) of the total expenditure

= 5% of the total expenditure.

2.Royalty on the book is less than the printing cost by:

Solution:

Printing Cost of book = 20% of C.P.Royalty on book

= 155 of C.P.Difference

= (20% of C.P)  (15% of C.P) =55 of C.P.

Percentage difference =(DifferencPrinting Cost×100) %                                                                    = (5% of C.Printing Cost×100)  % = 25%.

3. If 5500 copies are published and the transportation cost on them amounts to Rs. 82500, then what should be the selling price of the book so that the publisher can earn a profit of 25%?

Solution:

For the publisher to earn a profit of 25%, S.P. = 125% of C.P.

Also Transportation Cost = 10% of C.P.

Let the S.P. of 5500 books be Rs. x.

Then, 10 : 125 = 82500

x => x = Rs.(125×82500)/10= Rs. 1031250.

Therefore S.P. of one book = Rs. 1031250/5500= Rs. 187.50 .

4. If for a certain quantity of books, the publisher has to pay Rs. 30,600 as printing cost, then what will be amount of royalty to be paid for these books?

Solution:

Let the amount of Royalty to be paid for these books be Rs. r.

Then, 20 : 15 = 30600 : r => r = Rs. (30600×15)/20

= Rs. 22,950.

5. What is the central angle of the sector corresponding to the expenditure incurred on Royalty?

Central angle corresponding to Royalty = (15% of 360)º

= (15/100)x360º

= 54º.

Expert Level:

Study the following Two Pie charts and answer the questions based on them.

1. If in 1998, the population of villages Y and V increase by 10% each and the percentage of population below poverty line remains unchanged for all the villages, then find the population of village V below poverty line in 1998, given that the population of village in 1997 was 30000.

Solution:

Population of village Y in 1997 = 30000 (given).

Let the population of village V in 1997 be v.

Then, 15 : 10 = 30000 : v => v = (30000×10)/15= 20000.

Now, population of village V in 1998 = 20000 + (10% of 20000) = 22000.

Therefore Population of village V below poverty line in 1998 = 58% of 22000

= 12760.

2. Find the population of village S if the population of village X below poverty line in 1997 is 12160.

Solution:

Let the population of village X be x.

Then, 38% of x = 12160 => x = (12160×100)/38 = 32000.

Now, if s be the population of village S, then

16 : 11 = 32000 : s => s =(11×3200)/16= 22000.

3. If the population of village R in 1997 is 32000, then what will be the population of village Y below poverty line in that year?

Solution:

Let N be the total population of all seven villages.then, population of village T below  poverty line= 465 of (215 of N) and

Population of village Z below the poverty line = 42% of(11% of N)

Required ratio = 46% of (21% of N)42% of (11% of N)

= 46×2142×11 = 22000.

4. If the population of village R in 1997 is 32000, then what will be the population of village Y below poverty line in that year?

Solution:

Population of village R = 32000 (given).

Let the population of village Y be y.

Then, 16 : 15 = 32000 : y => y = (15×32000)/16= 30000.

Therefore Population of village Y below poverty line = 52% of 30000 = 15600.

## SBI SO 2017 Recruitment

State Bank of India has released a notification for the recruitment of Specialist Officer . SBI is looking for experienced candidates.