# August 2016

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### Pradhan Mantri Suraksha Bima Yojana

Pradhan Mantri Suraksha Bima Yojana is a government-backed accident insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata. As of May 2015, only 20% of India’s population has any kind of

Aptitude Shortcuts

### Shortcut of Number system

Shortcut 77: Divisibility test Divisibleby                                    Rule 2                            Last digit of a number should be 0,2,4,6, or 8 3                            Sum of the digit should be divisible by 3 4                            Last two digits of a number should be divisible by 4 5                            Last digit of a number should be 0 or 5 6                             Number should be divisible

Aptitude Shortcuts

### Shortcut of Simple and Compound Interest

Shortcut 75: Simple interest $SI=\frac{PNR}{100}$ P = Principle amount invested or borrowed R = Rate of interest per term N = Number of terms Term = duration for which interest is calculated Question: A man invested Rs. 10000 at 4% per annum simple interest. What is the interest he will get at the end of

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### Pradhan Mantri Jeevan Bima Yojana

Pradhan Mantri Jeevan Jyoti Bima Yojana is a government-backed Life insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015. It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata. As of May 2015, only 20% of India’s population has any kind

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### Digital India Programme

Right from the day of assuming power, Digital India and Make in India have been two big USPs of Prime Minister Narendra Modi. The first steps were taken with the launch ofMyGov.in portal. Only a couple of weeks ago, Narendra Modi launched his mobile app to connect further with the netizens. Over the last one

Aptitude Shortcuts

### Shortcut of Pipes and Cisterns

Shortcut 73: One pipe fills and another empties $\frac{AB}{-A+B}$ Question: Pipe A can fill a tank in 4 hours and pipe B can empty the tank in 5 hours. If both pipes are opened together, how long will they take to fill a complete tank? Answer: A = 4 B = 5 Substitute the values

Aptitude Shortcuts

### Shortcut of Time and work-3

Shortcut 68: Three men working together $\frac{ABC}{AB+BC+AC}$ Question: A can do a work in 40 days, B in 50 days and C in 60 days. If they work together, how long will they take to complete the work? Answer: A = 40 B = 50 C = 60 Substitute the values in the above

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### Deen Dayal Upadhyaya Gram Jyoti Yojana

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the launch of Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) with components > to separate agriculture and non agriculture feeders facilitating judicious rostering of supply to agricultural and non-agricultural consumers in rural areas and  > strengthening and augmentation of sub transmission and distribution

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### Atal Pension Yojana (APY)

Introduction to Pradhan Mantri Atal Pension Yojana (APY): The agenda of NDA Government was to provide Social security, Financial stability to the citizen of India in the Poverty line stream. Our current PM is being very optimistic and moving forward in all possible ways and means to improve the Indian economy and the stand of

Aptitude Shortcuts

### Shortcut of Time and work-2

Shortcut 65: Time, Work and Resource $\frac{W_1}{W_2}=\frac{R_1T_1}{R_2T_2}$ Question: If 10 men can cut 40 trees in 4 days, how many trees can be cut by 40 men 6 days? Answer: R1 = 10; R2 = 40 T1 = 4; T2 = 6 W1 = 40; W2 = ? Substitute the values in the above

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