12/15/2019

Why Daily Current Affairs Bankers Adda Had Been So Popular Till Now?

Are you preparing any daily current affairs for bank exams/Insurance Exams? NaukriAddaInd updates latest current trending news for Daily Current Affairs Bankers Adda for all type of banking exams like SBI PO,SO,Clerk exams and IBPS Clrk PO exams.
daily current affairs for bank exams

Reading Daily Current Affairs is very vital for the students who are preparing for IBPS & SBI PO/Clerk Prelim, Mains Exams and other finance sector exams in India. If you go through previous question paper of various bank exams which are asked from current affairs are based on Banking & Finance information. Generally, in Bank exams, the examiner give more emphasize 6 months current affairs. In this post, we update Insurance Abbreviations and One Nation One Card information.


Insurance Abbreviations For Bank Exams


  • IRDAI- Insurance Regulatory and Development Authority of India
  •  NCLT- National Company Law Tribunal
  •  TPA - Third Party Administration
  •  TRAI- Telecom Regulatory Authority of India
  •  FDA- Food and Drug Administration
  •  FII- Foreign Institutional Investor
  •  TRIM- Trade Related Investment Measures
  •  NSDL- National Security Depository Limited
  •  NAV- Net Asset Value
  •  SEBI- Securities and Exchange Board of India
  •  NASSCOM- National Association of Software and Services
  •  NDS- Negotiated Dealing System
  •  CRISIL- Credit Rating Information Services of India Limited
  •  IPO- Initial Public Offer
  •  SEZ- Special Economic Zone
  •  GIPSA- General Insurance Public Sector Association Of India
  •  BIFR- Board for Industrial and Financial Reconstruction
  •  FDI- Foreign Direct Investment
  •  GNP- Gross National Product
  •  PLI- Public Liability Insurance
  •  EEI- Electronic Equipment Insurance
  •  ULIP- Unit Linked Insurance Plan
  •  LIC- Life Insurance Corporation
  •  GBIC- Governing Body of Insurance Council
  •  IIB- Insurance Information Bureau of India
  •  IGMS- Integrated Grievance Management System
  •  IBAI- Insurance Brokers Association of India
  •  IIRM- Institute of Insurance and Risk Management
  •  UHIS- Universal Health Insurance Scheme
  •  PLCS – Personal Lines Coverage Specialist
  •  REBC – Registered Employee Benefits Consultant
  •  ARM – Associate in Risk Management
  •  AIAF – Associate in Insurance Accounting and Finance
  •  PMJJBY :Pradhan Mantri Jeevan Jyoti Bima Yojana 
  •  PMSBY : Pradhan Mantri Suraksha Bima Yojana 
  •  PMJDY : Life Cover under Pradhan Mantri Jan Dhan Yojana
  •  VPBY : Varishtha Pension Bima Yojana 
  •  PMFBY : Pradhan Mantri Fasal Bima Yojana 
  •  PMVVY : Pradhan Mantri Vaya Vandana Yojana
  •  RWBCIS: Restructured Weather Based Crop Insurance Scheme

Different Types of Bank Cards For Banking Exam Points


  • DigiSmart Credi Card : Standard & Chartered
  • Google + Goldman Sachs = Apple Card
  • RBL Bank + Practo = Co branded credit card
  • EnKash : 1st Corporate Credit Card  : " Freedom Card  "
  • Bandhan + Standard Chartered: Co Branded Credit Card
  • Paytm with Citi Bank = for Paytm First Card
  • ICICI Bank with Goibibo = to launch of a co-branded multi-currency card
  • Ola with SBI Card = To launch Credit Card
  • Paypal + Synchrony   = co-branded Venmo’s first credit card
  • RBL Bank (Ratnakar Bank Limited) and has collaborated with Samsung to jointly launch Samsung Pay for RBL Bank’s MasterCard credit card customers.
  • Pine Labs and Federal Bank have joined strategic alliance to offer equated monthly installments on debit card-based offline transactions to the bank’s customers.
  • One Nation One Card in 4 states: Telangana, Andhra Pradesh, Maharashtra, Gujarat

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