Important Committees in News ~ June 20th


1. PJ Nayak :-
To review Governance of Boards of Banks in India. The committee was constituted under the chairmanship of P. J. Nayak. He is a former Chairman and CEO of Axis Bank.

2. M P Bezbaruah :-
To suggest suitable remedial measures to address concerns regarding security of people from North East.

3. B. Sambamurthy :-
Panel favours single mobile banking app on all SIMs. Panel recommended that customers should not be required to visit the bank branch for mobile number registration.

4. Vijay Kelkar Committee :-
Was appointed by the Petroleum and Natural Gas Ministry to prepare a road map to make India self sufficient in oil and natural gas by 2030.

5. Vishnu Sahay committee :-
Look probe into the Muzaffarnagar communal violence.

6. Urjit Patel Committee :-
To examine the current monetary policy framework

7. Mukul Mudgal :-
Member panel to probe IPL spot‐fixing

8. Nachiket Mor :-
Committee on comprehensive financial services for small businesses and low‐income households.

9. Justice A.P. Shah committee :-
To head panel on road safety

10. Anil Kaushal committee :-
To examine the recommendations made by the TRAI on pricing of Spectrum.

11. Bimal Jalan panel :-
To scrutinize applications for new bank licenses.

12. Parthasarathi Shome.:-
For Tax Administration Reform Commission (TARC), Suggest a system to enforce better tax compliance

13. Kirit Parikh panel :-
On fuel pricing has suggested that the diesel prices should be increased by Rs 1‐1.50 a litre every month as against the 45‐50 paise monthly hike followed currently.

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COMPUTER QUIZ ~ June 21st 2014


COMPUTER QUIZ

[1] The point at which the flow of text in a document moves to the top of a new page–
(1) Page insert
(2) Page break
(3) Page format
(4) All of the above
(5) None of these

[2] Multiprocessor is a computer system–
(1) Where many CPU under a common control
(2) Consisting of more than one input devices under common control
(3) Where many output devices under
(4) All of the above
(5) None of these

[3] Non-document files are–
(1) Pure ASCII files that can be listed for any word processing software
(2) Non ASCII files that can be listed for any word processing software
(3) Pure ASCII files that can be listed for specific word processing software
(4) Non ASCII files that can be listed for specific word processing software
(5) All of the above

[4] Which of the Following is not a non-impact printer?
(1) Thermal printer
(2) Ink-jet printer
(3) Laser printer
(4) Dot-matrix printer
(5) All of the above


[5] EDVAC stands for_______
(1) Electronic Discrete Variable Automatic Computer
(2) Electronic Discrete Value Automatic Computer
(3) Electronic Device Variable Automatic Computer
(4) Electronic Discrete Variable Advanced Computer
(5) None of these


[6] When a file is saved for the first time-_______
(1) a copy is automatically printed
(2) it must be given a name to identify it
(3) it does not need a name
(4) it only needs a name if it is not going to be printed
(5) None of these

[7] The computers which are relatively rare because of their cost and size are:
(1) Mini Computers
(2) Micro Computers
(3) Super Computers
(4) Laptops
(5) Mainframe Computer


[8] A mistake in an algorithm that causes incorrect results is called a .......
(1) Logical error
(2) Syntax error
(3) Machine Error
(4) Compiler error
(5) None of these

[9] A(n) .... program is one that is ready to run and does not need to be altered in any way.
(1) Interpreter
(2) High-level
(3) Compiler
(4) COBOL
(5) Executable

[10] A set of step-by-step procedures for accomplishing a task is known as a(n)—
(1) algorithm
(2) hardware program
(3) software bug
(4) firmware program
(5) None of these


Key:-
1) Ans - Page break
2) Ans - Where many CPU under a common control
3) Ans - Non ASCII files that can be listed for any word processing software
4) Ans - Dot-matrix printer
5) Ans - Electronic Discrete Variable Automatic Computer
6) Ans - it must be given a name to identify it
7) Ans - Super Computers
8) Ans - Logical error
9) Ans - Executable
10) Ans - algorithm

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Top 10 Banking Job Interview Questions


1. Why investment banking? Why do you want to work at our bank?
In your response, highlight that investment banking is a very competitive and lucrative area, offering tremendous growth opportunities. Talk about the latest industry trends and how they impact businesses in the bank’s specialty. Talk about the opportunities presented recent mergers and acquisitions and the challenges due to by the sub prime crisis. Has Lehman Brothers responded appropriately? What are your thoughts on JPMorgan and Bear Stearns? Be prepared to discuss the firms on the front page of today’s Wall Street Journal.
You need to convince the interviewer that you have the necessary drive, capabilities, and personality best suited to become a successful investment banker. Gaining the trust and respect of the recruiters is very important for cracking these interviews. Talk about the company’s position in the industry and how it differs from that of other Wall Street listed firms – both bulge bracket and boutique.

2. What value is our stock trading at? Trading volume compared to bulge bracket firms.
Before going for an investment banking interview, go through the financial profiles of the bulge bracket firms and identify the highlights. Be aware of the rankings of the investment banking firms in various segments, such as advisory services or asset management. Stock movements are often a reaction to the latest happenings and have less to do with the company’s fundamentals. Study the recent stock price movements and be ready to answer questions related to a sharp movement in the share price or jumps in trading volume.

3. Walk me through the high points and low points in your resume. What were your greatest accomplishments and challenges?
Communication, leadership, problem solving, and working under pressure are the key skills in an investment banking job. You should highlight that you are flexible enough to adopt new styles and methods of functioning, while being willing to work as part of a bigger team.
Talk about your core competencies and how you used them to achieve measurable results at a previous job or during your education. Discuss your failures, how you handled the situations, and what you took away from them. Whenever possible, talk about deals you’ve participated in. There are few things than interest an Associate or Senior Vice President more than deals.

4. Describe some risks you’ve taken. How did you make the decisions?
An investment banker’s job often involves tough decisions, keeping in mind the political changes, various macroeconomic variables and the market trends. The ability to take risks is important. You need to demonstrate adequate analytical skills and how they were used in managing risk associated with a particular deal. You should highlight the logical assumptions and calculated guesses made by you while undertaking a risky project or decision. In an investment banking career, it is often more about being “roughly right” than “precisely inaccurate.”

5. Describe an ethical decision you had to make.
Ethics, trust and integrity are often challenged in an investment banking job. Look at the sub prime crisis, the near collapse of the mortgage giant, Fannie Mae, and the restatement of financial accounts of several investment banking firms in recent years. It is often unethical (or even unlawful) practices that are the main contributors to situations like these. Discuss an instance when you had to make an ethical decision – what did you take into consideration? How did you finally come to a decision? These are insights into how you work and what the firm can expect from you in tough situations.

6. Why should we hire you?
Be ready for this one. Be confident but not cocky. Highlight that you are the right candidate because you can hit the ground running and are flexible enough to move with the changing environment. The core competencies essential to an investment banking career are: problem solving ability, professional attitude with willingness to adapt and remain flexible, leadership and communication abilities, resourcefulness and the drive to succeed.

7. When you are not working, what do you do?
Investment banking jobs involve long hours and a lot of hard work – there are simply no two ways about it. That does not mean that firms want to hire people without a personality and other interests outside of work. Highlight activities you enjoy that demonstrate risk taking, recharging and an outgoing personality. Let you personal life reflect what investment banking firms are looking for.

8. How much do you read? What do you read?
The types of books and magazines you read reflect your personality and highlight your passion for the industry and the finer things in life (why else take an investment banking job?).The Wall Street Journal and your industry specific trade magazines must be on your list. Also include other readings that show you are not one dimensional in your interests.

9. Do you learn more from success or failure?
Your attitude toward both success and failure could be the difference in determining whether or not you get an investment banking job offer. Deals flop, it’s part of the investment banking game. Discussing how you do a quick post mortem and lessons learned discussion, then move on to the next deal is the best approach. Learning from but not dwelling on the past is the key.

10. What is the difference between Nationalized bank and Private Bank ?
A Nationalized bank is one that is owned by the government of the country. Since the people decide who the government is, they are also referred to as public sector banks. The government is responsible for the money deposited into the accounts of these banks. Where as a private sector bank is one that is owned by an independent individual or a company that is controlled by a few individuals. In short, the bank is owned by someone else and they run the bank. The person owning/running the bank is responsible for the money deposited into the accounts of these banks.

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FULL FORMS OF COMPUTER RELATED TERMS

FULL FORMS OF COMPUTER RELATED TERMS

* HTTP - Hyper Text Transfer Protocol.

* HTTPS - Hyper Text Transfer Protocol Secure.

* IP - Internet Protocol.

* URL - Uniform Resource Locator.

* USB - Universal Serial Bus.

* VIRUS - Vital Information Resource Under Seized.

* 3G - 3rd Generation.

* GSM - Global System for Mobile Communication.

* CDMA - Code Divison Multiple Access.

* UMTS - Universal Mobile Telecommunication System.

* SIM - Subscriber Identity Module.

* AVI = Audio Video Interleave

* RTS = Real Time Streaming

* SIS = Symbian OS Installer File

* AMR = Adaptive Multi-Rate Codec

* JAD = Java Application Descriptor

* JAR = Java Archive

* JAD = Java Application Descriptor

* 3GPP = 3rd Generation Partnership Project

* 3GP = 3rd Generation Project

* MP3 = MPEG player lll

* MP4 = MPEG-4 video file

* AAC = Advanced Audio Coding

* GIF = Graphic InterchangeableFormat

* JPEG = Joint Photographic ExpertGroup

* BMP = Bitmap

* SWF = Shock Wave Flash

* WMV = Windows Media Video

* WMA = Windows Media Audio

* WAV = Waveform Audio

* PNG = Portable Network Graphics

* DOC = Document (Microsoft Corporation)

* PDF = Portable Document Format

* M3G = Mobile 3D Graphics

* M4A = MPEG-4 Audio File

* NTH = Nokia Theme (series 40)

* THM = Themes (Sony Ericsson)

* MMF = Synthetic Music Mobile Application File

* NRT = Nokia Ringtone

* XMF = Extensible Music File

* WBMP = Wireless Bitmap Image

* DVX = DivX Video

* HTML = Hyper Text Markup Language

* WML = Wireless Markup Language

* CD - Compact Disk.

* DVD - Digital Versatile Disk.

* CRT - Cathode Ray Tube.

* DAT - Digital Audio Tape.

* DOS - Disk Operating System.

* GUI - Graphical User Interface.

* HTTP - Hyper Text Transfer Protocol.

* IP - Internet Protocol.

* ISP - Internet Service Provider.

* TCP - Transmission Control Protocol.

* UPS - UninterruptiblePower Supply.

* HSDPA - High Speed Downlink Packet Access.

* EDGE - Enhanced Data Rate for GSM[Global System for Mobile Communication] Evolution.

* VHF - Very High Frequency.

* UHF - Ultra High Frequency.

* GPRS - General Packet Radio Service.

* WAP - Wireless Application Protocol.

* TCP - Transmission Control Protocol .

* ARPANET - Advanced Research Project Agency Network.

* IBM - International Business Machines.

* HP - Hewlett Packard.

* AM/FM - Amplitude/ Frequency Modulation.

* WLAN - Wireless Local Area Network

Banking GK *Important Question Answer for SBI PO 2014*

Banking GK *Important Question Answer for SBI PO 2014*

Q 1. What will happen if there is an increase in Cash Reserve Ratio (CRR)?
Ans. Their will be a decrease in lendable resources

Q 2. Why Reserve Bank of India (RBI) also known as lender of last resort?
Ans. As RBI is also known as Banker of Banks, it provides emergency advances to the banks during the time of crisis.

Q 3. Whenever a bank returns a cheque unpaid, then what that cheque is called?
Ans. Dishonour Cheque

Q 4. Which is the third largest public sector bank of India?
Ans. Punjab National Bank (PNB), whereas Bank of Broda stood 2nd and SBI on 1st position.

Q 5. What does ASBA stands for?
Ans. Application Supported by Blocked Amount

Q 6. In which year RBI announced Banking Ombudsman scheme?
Ans. 1995

Q 7. What is the percentage of Foreign Direct Investment (FDI) in private sector banks?
Ans. 74%

Q 8. How many directors are associated with reserve Bank of India?
Ans. 20

Q 9. Which policy is adopted by RBI during Inflation?
Ans. Dear Money Policy

Q 10. What is the main function of World Bank?
Ans. To promote the growth of international trade

Q 11. Which negotiable instruments can be crossed to banks?
Ans. Bill of Exchange

Q 12. Which act is associated with problem of Non Performing Assets?
Ans. Banking Regulation Act, 1949

Q 13. Savings account is also known as?
Ans. Common man account

Q 14. What are linked accounts?
Ans. Accounts which are linked together within a same bank fir transferring money electronically.

Q 15. Why banking ombudsman scheme launched?
Ans. The scheme was announced to resolve customer complaints with the services of banks.

Q 16. Why KYC is launched by RBI?
Ans. RBI announced Know Your Customer (KYC) to ensure the correct identity of the customer.

Q 17. Goods and Services Tax would replace which tax?
Ans. Value Added Tax

Q 18. What does FRBM stands for?
Ans. Fiscal Responsibility and Budget Management.

MARKETING QUIZ FOR SBI PO & CLEARK..

1. In product concept, the profit is earned through - Quality of product 

2. Sales and distribution is a part of - Promotion 

3. First step in buying process - problem recognition 

4. SCM means - Supply channel market 

5. Internet marketing comes into - Market space 

6. VCM stand for - Value chain management 

7. Last stage in PLC is – Decline 

8. DSR stand for - Daily sale report 

9. Government universities come under - Non-profit market 

10. ‘A Guarantee company taking a responsibility’, is what kind of marketing - Accountable marketing 

11. Banks informing customers about loan taken by them is/are - Re-active marketing 

12. Father of management is - Henry Fayol 

13. Marketing activity is associated with – Company 

14. Political parties come under which environment - Macro environment 

15. Life Style comes under - Personal factor 

16. Client means - Permanent Customer 

17. LPG stands for - Liberalization Privatization Globalization 

18. Internal marketing means - Intranet transaction 

19. A bank annual balance sheet in new paper is/are - Public relation 

20. Competitors come under - Micro Environment

TOP - 10 HEADLINES -21.06.2014


1. The government has decided to implement a comprehensive scheme to check the menace of human trafficking.
मानव तस्करी पर रोक लगाने के उद्देश्य से सरकार ने एक व्यापक योजना लागू करने का फैसला किया है।

2. Akhilesh Yadav, the Chief Minister of northern Indian state of Uttar Pradesh, presented a budget of Rs 2,74,705 crore for fiscal year 2014-15, with a deficit estimated at Rs 4,132 crore.
उत्तर प्रदेश के मुख्यमंत्री अखिलेश यादव ने राज्य विधानसभा में वित्तीय वर्ष 2014-15 के लिये 2,74,705 करोड़ रुपये का बजट प्रस्तुत किया। इसमें 4,132 करोड़ रुपये घाटे का अनुमान है।

3. The Government has constituted an independent High Level Committee to inquire about the cause of gas leakage in Bhilai Steel Plant on June12, 2014.
सरकार ने भिलाई इस्पात संयंत्र में 12 जून, 2014 को गैस लीक होने के कारणों का पता लगाने के लिए एक स्वतंत्र उच्चस्तरीय समिति गठित की है।

4. Hinduja Group flagship Ashok Leyland along with infrastructure major Larsen and Toubro Ltd and Nexter Systems have formed a consortium to collaborate for a mounted gun system artillery programme for the Indian army.
हिंदुजा समूह की कंपनी अशोक लेलैंड ने भारतीय सेना के एक शस्त्र प्रणाली कार्यक्रम के लिए लार्सन एंड टुब्रो एवं नेक्स्टर सिस्टम्स के साथ मिलकर गठजोड़ समझौता किया है।

5. Veteran legislator Kodela Sivaprasada Rao has been unanimously elected as the first Speaker of the Legislative Assembly of the post bifurcation Andhra Pradesh.
वरिष्ठ विधायक कोडेला शिवप्रसाद राव राज्य विभाजन के बाद ध्वनिमत से आंध्रप्रदेश विधानसभा के पहले अध्यक्ष चुने गए।

6. The demand for cement in southern region is expected to rise by 5-7 per cent in FY'15 as compared to 1 per cent year-on-year growth in FY'14, a report said.
दक्षिण भारत में सीमेंट की मांग 2014-15 में 5-7 प्रतिशत बढ़ने की उम्मीद है जो 2013-14 में 1 प्रतिशत बढी थी। यह बात एक रपट में कही गई।

7. Almost the entire airline industry plans to invest over the next three years in new Information Technology (IT) initiatives ranging from managing flight disruptions to introducing self-service technologies for passengers to meet such challenges, a global survey has shown.
लगभग पूरे विमानन उद्योग ने अगले तीन साल में उड़ान बाधाओं के प्रबंधन से लेकर स्व-सेवा प्रौद्योगिकियां पेश करने जैसी सूचना प्रौद्योगिकी संबंधी नयी पहल में निवेश की योजना बनाई है। यह बात वैश्विक सर्वेक्षण में कही गई।

8. Myanmar Minister of Religious Affairs U. Hsan Hsint has been sacked for misappropriating state funds.
म्यांमार के धार्मिक मामलों के मंत्री यू. हसन सिंट को सरकारी धन के दुरुपयोग के कारण बर्खास्त कर दिया गया है।

9. The minimum voting age in Japan has been lowered from 20 to 18 as a revised national referendum law.
जापान में अब मतदान की न्यूनतम आयु 20 साल से घटकर 18 साल हो गई है। संशोधित जनमत संग्रह कानून लागू हो गया।

10. Indian companies need to focus on innovation to boost the manufacturing sector that will help the government to achieve inclusive growth.
भारतीय कंपनियांे को विनिर्माण क्षेत्र को प्रोत्साहित करने के लिए नव-प्रवर्तन पर ध्यान केंद्रित करने की जरूरत है ताकि सरकार को समावेशी वृद्धि हासिल करने में मदद मिल सके।

VOCABULARY OF THE DAY –21.06.2014


Word: Elicit (Verb)

Definitions: Call Forth

Synonyms: 
Draw Out, Educe, Evoke, Extract, Arouse, Enkindle, Fire, Kindle, Provoke
Antonyms:
Give, Hide, Keep

Example Sentence:
The young man tried to elicit the sympathy of the judge by appearing on a wheel chair but he was convicted anyway.

RBI Assistant Grade - Model Paper ~ REASONING APTITUDE


REASONING APTITUDE 

1. Four of the following five are alike in a certain way and so form a group. Which is the one that does not belong to that group? 
(1) 169 (2) 125 (3) 216 
(4) 27 (5) 343 

2. Pointing to a boy Meena said, “Ramesh is the son of my father-in-law’s only son. How is the Ramesh related to Meena? 
(1) Nephew (2) Son (3) Brother 
(4) Cannot be determine (5) None of these 

3. If it is possible to make only one meaningful word with the first, the fourth, the sixth and the tenth letters of the word MANAGEMENT. Which of the following will be the first letter of the word? If no such word can be made, give ‘N’ as the answer and If more than one such words can be made give Y as the answer. 
(1) E (2)M (3) N (4) T (5) Y 

4. In a row of children, Janki is third to the right of Akansha, who is ninth from the left end of the row. What is Akansha position from the right end of the row? 
(1) 12th (2) 13th (3) 14th 
(4) Data inadequate (5) None of these 

5. How many such pairs of letters are there in the word APOCALYPTIC, each of which has as many letters between them in the word as they have between them in English Alphabet? 
(1) None (2) One (3) Two 
(4) Three (5) More than Three

Directions (6-10): In each of the questions below are given four statements followed by three conclusions numbered I, II and III. You have to take the three statement to be true even if they seems to beat variance from commonly known facts and then decide which of the given conclusion logically follows from the three statements disregarding commonly known facts. 

6. Statements: Some leaves are flowers. No flower is fruit. Some fruit are trees. Some trees are plants. 
Conclusion: I. Some leaves are plants. 
II. All leaves are either plants or fruits. 
III. All plants are either trees or fruits. 
(1) only I follows (2) both II and III follows 
(3) only III follows (4) All follow 
(5) None follow 

7. Statements: All dogs are cats. All cats are rats. Some rats are snakes. 
Conclusions: I. Some cats are snakes. 
II. Some snakes are dogs. 
III. some rats are dogs 
(1) only I follows (2) only III follows 
(3) only II follows (4) both I and III follows 
(5) All follows

8. Statements: Some mobiles are television. Some televisions are computer. All computers are laptops. All laptops are machines. 
Conclusions: I. Some computers are mobiles. 
II. Some laptops are television. 
III. All computers are machines. 
(1) None follows (2) both I and II follow 
(3) both II and III follows (4) both I and III follows 
(5) None of these 

9. Statements: Some fans are coolers. Some coolers are AC. Some AC are refrigerator. All refrigerator are machines. 
Conclusions: I. Some machines are AC. 
II. Some AC are fans. 
III. No AC are fans 
(1) None follows (2) only I follows 
(3) either II or III follows 
(4) only I and either II or III follows 
(5) All follow 

10. Statements: All newspaper are magazines. All magazines are books. Some books are papers. Some papers are booklets. 
Conclusions: I. Some booklets are newspapers. 
II. All newspapers are books. 
III. some papers are newspapers. 
(1) both I and II follow (2) only I follow 
(3) only II follow (4) All follow 
(5) None of these 
Directions (11-15): These questions are based on the following arrangement. 

F 7 6 I G * $ L M 3 K C @ A R M 1 4 D % J # 2 9 P Q 3 

11. If all the symbols are dropped from the given arrangement, which of the following will be fourth to the right of tenth from the left end? 
(1) R (2) 1 (3) 4 (4) D (5) A 

12. How many such symbols are there in the given arrangement each of which is either immediately followed or immediately preceded by a consonant but not both? 
(1) None (2) One (3) Two 
(4) Three (5) More than three 

13. If the position of ten elements from the right end is reversed which of the following will be fifth to the right of thirteenth from the right? 
(1) % (2) D (3) P 
(4) Q (5) None of these 

14. How many such consonants are there in the given arrangement each of which is immediately preceded by a vowel and also immediately followed by another consonant? 
(1) None (2) One (3) Two 
(4) Three (5) More than three

15. Four of the following five are alike in a certain way on the basis of their positions in the given arrangements and so form a group. Which is the one that does not belong to the group? 
(1) LK3 (2) D#J (3) @MA 
(4) I$* (5) R41 
Directions (16-18): In the following questions the symbols 
@, #, %, $, * are used with different meanings as follows 
P@Q means P is not smaller than Q. 
P#Q means P is not greater than Q. 
P%Q means P is neither smaller than nor equal to Q. 
P$Q means P is neither greater than nor equal to Q. 
P*Q means P is neither greater than nor smaller than Q. 

16. Statements: A#K, K@Z, Z%B, B*D 
Conclusion: I. D$K II. B$A III. B@A 
(1) only I and either II or III follow 
(2) only I follows (3) either II and III follow 
(4) both I and II follows (5) None of these 

17. Statements: W@V, V#S, S$A, A@B 
Conclusions: I. A%V II. S$B III. B@V 
(1) both I and II follow (2) both II and III follow 
(3) both I and III follow (4) All I, II and III follow 
(5) None of these 

18. Statements: M@L, K#L, K$N, N%O 
Conclusions: I. M%K II. L@N III. K$O 
(1) only I follows (2) only II follows 
(3) both II and III follows (4) both I and II follow 
(5) None of these 
Direction (19-20): Study the following information carefully to answer these questions. 
D$E means D is wife of E 
D#E means D is son of E 
D%E means D is father of E 
D*E means D is sister of E 

19. Which of the following expressions represents the relationship ‘P is brother of H’? 
(1) H*P%K (2) P*H%K (3) H#K%P 
(4) H*K%P (5) None of these 

20. In H*P#Q%L, how is H related to L? 
(1) Cousin (2) Brother (3) Sister 
(4) Cannot be determined (5) None of these 
Directions (21-25): Each of the following question is based on the following information. 
A,B,C,D,E,F and G are seven kids playing in the garden. They are wearing caps of different colours –red, blue, orange, green, pink, yellow and brown. Out of seven three are girls, No girl is wearing either red, yellow, or brown. D’s sister F is wearing pink, while he is wearing brown. A is wearing blue, while his sister B is not wearing green. E is wearing yellow, while his best friend G is a boy. 

21. What colour B is wearing?
(1) green (2) pink (3) brown 
(4) red (5) None of these 

22. What colour is G wearing? 
(1) red (2) Blue (3) orange 
(4) green (5) None of these 

23. What colour is C wearing? 
(1) Red (2) green (3) orange 
(4) pink (5) none of these 

24. What colours are the sister of A and D wearing? 
(1) pink & green (2) pink & yellow 
(3) orange & green (4) orange and brown 
(5) None of these 

25. Which group is denoting only girls? 
(1) BCE (2) BEF (3) BCF 
(4) None (5) None of these 
Directions (26-30): Study the following information carefully to answer these question . 
I. Sonia, Sakshi, Monika, Nupur, Pallavi, Ankita and Neha are sitting in a circle and playing Antakshari. 
II. Monika, who is the neighbour of Nupur, is not the neighbour of Ankita. 
III. Pallavi is second to the left of Ankita. 
IV. Monika is second to the left of Neha, who is the neighbour of Salshi 

26. Which of the following is true? 
(1) Pallavi is the neighbour of Neha and Sonia. 
(2) Sakshi is the neighbour of Neha and Sonia 
(3) Ankita is the neighbour of Nupur and Sakshi 
(4) Sonia is the neighbour of Anikta and Monika 
(5) None of these 

27. Which of the following pair has the second person sitting to the right of the first person? 
(1) Ankita Sakshi (2) Monika Pallavi (3) Pallavi Neha 
(4) Monika Ankita (5) None of these 

28. Which of the following pair has the first person sitting third to the left of the second person? 
(1) Ankita sakshi (2) Neha Sonia (3) Neha Ankita 
(4) Monika Sonia (5) None of these 

29. Who is the immediate right of Neha? 
(1) Sakshi (2) Ankita (3) Pallavi 
(5) Sonia (5) None of these 

30. What is the position of Sonia? 
(1) to the immediate right of Ankita 
(2) second to the left of Sakshi 
(3) to the immediate right of Pallavi 
(4) only between Sakshi and Ankita 
(5) None of these 
Directions (31-35): In arrangement a machines when given an input of words, rearrange them following a particular rule 
Input: This chapter would give you basic concepts 
Step 1: basic this chapter would give you concepts 
Step 2: basic chapter this would give you concepts
Step 3: basic chapter concepts this would give you 
Step 4: basic chapter concept give this would you 
study the logic and answer the question that follow 

31. Input: “do not imitate others work” 
Which of the following will be the step 3 for the given 
input? 
(1) do others not imitate work 
(2) do imitate not others work 
(3) work do others imitate 
(4) do not others work imitate 
(5) there will be no 3rd step 

32. Input: “adequate safety arrangement are must for kids” 
Which of the following will be 2nd last step for the given input? 
(1) adequate are arrangement for kids safety must 
(2) adequate are arrangement for kids must safety 
(3) adequate are safety arrangement must for kids 
(4) adequate safety are arrangements must for kids 
(5) None of these 

33. Input: “Marcus Brauchli gives inaccurate information”. How many steps are required to rearrange the above input properly 
(1) 3 (2) 4 (3) 5 
(4) 2 (5) None of these 

34. Input: “most Indian leaders cannot even visualize free India”. Which of the following will be last step of above Input? 
(1) most Indian even leaders cannot visualize free 
India 
(2) cannot even free India Indian most leaders 
visualize 
(3) cannot even free India most Indian leaders 
visualize 
(4) cannot even free India Indian leaders most 
visualize 
(5) None of these 

35. Step IV: “it is figure anti-establishment from media”. Which of the following is the input of the above mentioned step 
(1) it is figure from anti-establishment media 
(2) media it is figure from anti-establishment 
(3) it is anti-establishment media from 
(4) cannot be determined 
(5) None of these 

Directions (36-40): In each of the questions given below, which one of the five figures on the right should come after the problem figures on the left, if the sequence were continued. 

ANSWERS
1). 1
2). 2
3). 5
4). 4
5). 5
6). 5
7). 2
8). 3
9). 4
10). 3
11). 2
12). 5
13). 3
14). 2
15). 3
16). 2
17). 5
18). 2
19). 1
20). 3
21). 5
22). 1
23). 2
24). 4
25). 3
26). 1
27). 5
28). 1
29). 3
30). 3
31). 5
32). 1
33). 2
34). 4
35). 5
36). 4
37). 3
38). 5
39). 2
40). 5 

All The Best

RBI Assistant Grade - Model Paper ~ INSTRUCTIONS TO CANDIDATE


RBI ASSISTANT MODEL PAPER 

Time Allowed: 120 Minutes                                                                              Maximum Marks: 200



Read the following instructions carefully before you begin to answer the questions. 

INSTRUCTIONS TO CANDIDATE 
1. This booklet contains 200 questions in all comprising the following four parts: 
Part - (i): Reasoning Aptitude (40 Question) 
Part – (ii): Numerical Ability (40 Question) 
Part – (iii): English Language (40 Question) 
Part – (iv): Computer Awareness (40 Question) 
Part – (v): General Awareness (40 Question) 

2. All questions are compulsory and carry equal marks. 

3. Before you start to answer the question you must check up this booklet and ensure that it contains all the pages and 
see that no page is missing or replaced. If you find any defect in this booklet, you must get it replaced immediately. 

4. The paper carries negative marking. 0.25 marks will be deducted for each wrong answer. 

5. You will be supplied the Answer-sheet separately by the invigilator. You must complete the details of Name, 
Roll number, Test Id and name of the examination on the Answer-Sheet carefully before you actually start 
answering the questions. You must also put your signature on the Answer-Sheet at the prescribed place. 
These instructions must be fully complied with, failing which, your Answer-Sheet will not be evaluated and 
you will be awarded ‘ZERO’ mark. 

6. Answer must be shown by completely blackening the corresponding circles on the Answer-Sheet against the 
relevant question number by HB pencil or Black/ blue ball pen only. 

7. A machine will read the coded information in the OMR Answer-Sheet. In case the information is incompletely 
/different from the information given in the application form, the candidature of such candidate will be 
treated as cancelled. 

8. The Answer-Sheet must be handed over to the Invigilator before you leave the Examination Hall. 

9. Failure to comply with any of the above Instructions will render a candidate liable to such action/penalty as 
may be deemed fit. 

10. Answer the questions as quickly and as carefully as you can. Some questions may be difficult an d others easy. 
Do not spend too much time on any question. 

11. Mobile phones and wireless communication device are completely banned in the examination halls/rooms. 
Candidates are advised not to keep mobile phones/any other wireless communication devices with them 
even switching it off, in their own interest. Failing to comply with this provision will be considered as using 
unfair means in the examination and action will be taken against them including cancellation of their 
candidature. 

12. No rough work is to be done on the Answer-Sheet. 

IBPS Banking Awareness Test - Part 2 (IBPS BANK PO)


Following questions on banking are very important are SBI exam and upcoming IBPS PO exam:

1. Interest rate risk is a type of
(1) Credit risk     (2) Market risk          (3) Operational risk    (4) All the above    (5) None of these

2. Which one of the following has launched guidebook on standards for exporters?
(1) RBI           (2) SEBI          (3) IBA         (4) UNIDO                  (5) UNESCO

3. Which is the largest commercial bank in India?
(A) Reserve Bank of India      (B) State Bank of India     (C) ICICI Bank   (D) Bank of India
(5) None of these

4. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
(A) Reserve Bank of India      (B) Imperial Bank of India         (C) Bank of India            (D) Union Bank of India       (5) None of these

5. Which sister organization of the World Bank helps private activity in developing countries by financing projects with long-term capital in the form of equity and loans?
(A) Asian Development Bank            (B) IMF         (C) International Developmental Association
(D) International Finance Corporation           (5) None of these

6. Which sister organization of the World Bank provides long term loans at zero interest to the poorest developing countries?
(A) Asian Development Bank            (B) IMF       (C) International Developmental Association        (D) International Finance Corporation      (5) None of these

7. Who is known as the ‘Father of Economics’?
(A) Adam Smith        (B) Marshall      (C) J.M. Keynes                 (D) Pareto (5) None of these

8. Which was the first Indian Bank to introduce credit card?
(A) State Bank of India        (B) Central Bank of India     (C) Union Bank of India        (D) ICICI      (5) None of these

9. What does devaluation of a currency mean?
(A) decrease in the internal value of money
(B) decrease in the external value of money
(C) decrease both in the external and internal values of money
(D) increase both in the external and internal values of money
(5) None of these

10. Which of the following is known as plastic money?
(A) bearer cheques      (B) credit cards      (C) demand drafts      (D) gift cheques   (5) None of these

11. The twelfth ‘Five Year Plan’ of India is for the five years ranging from-
(1) 2009-2014        (2) 2008 -2013        (3) 2007-2012        (4) 2012-2017       (5) 2010-2015

12. DSCR indicates the ability of a company to-
(1) Meet its current liabilities      (2) Service its share holders     (3) Meet its long term debt obligations      (4) Raise further capital     (5) None of these

13. An IPO is-
(1) Initial Price Offered by private limited company to its share holders.
(2) An offer by an unlisted company for sale of its shares for the first time to the public.
(3) Used to increase the share capital of an unlisted company
(4) A book building process
(5) None of these

14. A decreasing current ratio indicates-
(1) A stable liquidity       (2) An increasing liquidity     (3) A strained liquidity   (4) satisfactory current solvency     (5) None of these

15. SEBI has been imposed a restriction on money flow in equity through ‘P-notes’. What is   the full form of ‘P-notes’?
(1) permanent notes          (2) purchase notes     (3) participatory notes        (4) private notes      (5) None of these


Answers
1-2,
2-4, 
3-2, 
4-2, 
5-4, 
6-3, 
7-1, 
8-2, 
9-2, 
10-2, 
11-4, 
12-3, 
13-2, 
14-5, 
15-3

GK UPDATE - 20th June

1.    Rushdie wins Pen Pinter writing prize 

i. Indian-born Booker Prize winning author Salman Rushdie was on Friday named the winner of this year's prestigious Pen Pinter prize for his outstanding literary output and support for freedom of expression.
ii. The award was established in 2009 by writers' charity English Pen in memory of famous British playwright and Nobel laureate Harold Pinter.
iii. Maureen Freely, chair of the judging panel, said "This prize is English Pens way of thanking Salman Rushdie not just for his books and his many years of speaking out for freedom of expression, but also for his countless private acts of kindness.
iv. "The work of Pen, both in promoting the best of world literature and in opposing abuses of freedom, continues to be vitally important, and I'm proud to have been a part of that effort in England as well as the United States," he added.
v. The New York-based author will be presented with this prize at a ceremony at the British Library in London on October 7 and will deliver an address at the event. His prize will be shared with an "International Writer of Courage", selected by him in association with English Pen's Writers at Risk committee.
vi. Rushdie is best known for his acclaimed novel 'Midnight's Children', for which he won the Booker followed by the one-off Best of Booker in 2008, and the controversial 'The Satanic Verses' for which he went into hiding in 1989 after it sparked widespread protests by Muslims and a fatwa from Iran's Ayatollah Khomeini.
vii. The author was knighted in 2007 for services to literature.

2.    Bank of Maharashtra launches digital banking app

i. State-owned Bank of Maharashtra launched MahaSecure, a digital banking app, to enable secure access to Internet banking facilities for both retail and corporate customers of the bank.
ii. MahaSecure will protect Internet banking users from sophisticated online attacks, the bank said in a statement.
iii. Bank of Maharashtra’s initiative to launch the MahaSecure banking app is aimed at ensuring complete safety and trust in Internet banking for all users as there is no dependency on any hardware tokens or SMS. \
iv. The launch of MahaSecure also underlines the fact that the bank intends to offer greater customer convenience through alternative delivery channels such as Internet banking, while ensuring comprehensive security, it further said.

3.    Meenakshi Lekhi named NDMC chairperson

i. BJP leader and Lok Sabha MP Meenakshi Lekhi on Friday took over as the chairperson of the New Delhi Municipal Council (NDMC).
ii. An official notification regarding the appointment of the New Delhi MP as chairperson of NDMC was received from the Home Ministry late yesterday.
iii. Lekhi takes over from Jalaj Srivastava, a 1984-batch IAS officer who was appointed the NDMC chairperson in August last year.
iv. Lekhi will be the second MP to be part of the Council after amendments were made in the NDMC Act in 2011. Before Lekhi, the Congress MP from New Delhi, Ajay Maken, was its member.

4.    Rail passenger fare hiked by 14.2 per cent

i. Railway passenger fare was today increased by 14.2 per cent in all classes while freight charge was hiked by 6.5 per cent with effect from today.
ii. The decision of the Railways today restores an announcement of May 16, the day Lok Sabha election results came, when the same hike was effected but immediately put on hold.
iii. The Railways had then issued a notification effecting hike in passenger fare by 14.2 per cent across the board and freight charges by 6.

5.    Dipika - Joshana win women's doubles title in Malaysia
i. India bagged its second title at the Tri-Nation squash doubles tournament in Kuala Lumpur on Thursday when Dipika Pallikal and Joshana Chinappa emerged winners in the women's doubles final.
ii. Pallikal and Joshana rallied to beat New Zealand's Joelle King and Amanda Landers Murphy 8-11, 11-5, 11-1 at the National Squash Centre.
iii. Hosts Malaysia was the the other country to participate in the three-day event, seen as a warm-up to the next month's Commonwealth Games.  It was Pallikal's second title in as many days after she won the mixed doubles with Saurav Ghosal.

6.    India 143rd on Global Peace Index; violence costs $177 bn: Study 
i. Ranking India among 20 most violent places in the world, a global study today said the country's economy took a hit of over Rs 1 lakh crore in containing and dealing with cases of violence last year.
ii. In the latest annual ranking of Global Peace Index, India has been ranked at 143rd position out of 162 countries surveyed. While India has slipped two positions, Iceland continues to top the list as the world's most peaceful place. However, Syria has replaced Afghanistan as the most violent place
iii. Globally, Pakistan is ranked 154th, while Afghanistan is at 161st position in this year's list. As per the report, India suffers chronically from international tensions and widespread internal conflict.
iv. The GPI is the world's leading measure of global peacefulness produced by the IEP. It gauges on-going domestic and international conflict, safety and security in society, and militarisation in 162 countries by taking into account 22 indicators.

7.    India-born Pratishtha Khanna honoured with Champions of Change
i. India-born Pratishtha Khanna was honoured with Champions of Change by the White House on 17 June 2014. She is one of 10 local Champions of Change honoured for their exemplary leadership in their communities.
ii. The other Champions of Change were Hector of Mexico, Steven of Mexico, Sarahi of United States, Kamal of Morocco, Esther of Taiwan, Dayana Elvira Torres of Colombia, Rhustie of Philippines, Ana Zaragoza of Mexico and Anahi Mendoza of Mexico.
iii. Every week all ten Champions of Change will be invited to the White House to share their ideas to win the future.
All the 10 locals honoured with Champions of Change were beneficiaries of the Deferred Action for Childhood Arrival (DACA) programme. It was initiated by the President Barack Obama in 2012.

8.    Rajeev Topno appointed as Private Secretary to Prime Minister Narendra Modi
i. Rajeev Topno was appointed as Private Secretary to Prime Minister Narendra Modi. The Appointment Committee of Cabinet (ACC) approved the name of Topno.
ii. He is a 1996 batch Indian Administrative Service officer (IAS) from the Gujarat cadre. He was a part of Prime Minister’s Office (PMO) under former PM Manmohan Singh.
iii. At present he is working as Director in the Prime Minister Office till 28 June 2014.

About Rajeev Topno:
i. Topno was a Kutch District Development Officer during Kutch earthquake of 2001
ii. He was chief executive of Gujarat State Disaster Management Authority (GSDMA)

9.    Suarez gives Uruguay 2-1 win over England

i. Luis Suarez scored twice to give Uruguay a 2-1 victory over England at the World Cup on Thursday, making an instant impact on his return from injury to revive his team’s Group D campaign.
ii. The striker lashed in the winner in the 85th minute, after seeing his first-half opener canceled out by Wayne Rooney. The win gave Uruguay’s qualifying chances a major lift and left England’s hopes of advancing to the round of 16 in real jeopardy.
iii. Suarez, who hadn’t played for more than a month after undergoing knee surgery, is the Uruguay player who knows this England side best, having played for Liverpool for more than three years.
iv. Now it is Uruguay back on track going into its game against Italy on Tuesday, when England faces a must-win match against Costa Rica.

Basics of Marketing – SBI PO Exam 2014


1. Marketing must deliver goods and services in exchange of money.

2. Mass Marketing means marketing the mass produced goods.

3. Strategic marketing means decision making process that involves the analysis of the internal capabilities and external environment of a company.

4. Stimulation marketing means there is no demand for the product and people are not interested to purchase the product hence special offers are given to stimulate the people.

5. Synchrome marketing means irregular demand.

6. Demarketing means the demand for the product exceeds the supply.

7. Producer goods means goods which are priced high and required a few to produce other goods in the industry ex: lathe, motor etc

8. Consumer goods are required in large number and directly used by the consumer.

9. Derived goods means the demand for the product is derived from the demand of other products ex: the selling of stabilizer depends upon the selling of TV’s and refrigerator.

10. The client of an advertising agency is called customer.

11. CRM means Customer Relationship Management.

12. Segmentation of consumer market is based on consumer characteristics and consumer responses.

13. B2B means – business to business

14. Database marketing is direct form of marketing.

15. A Buyers Market means supply exceeds demands

16. Niche market means a specified market for the target group.

17. HNI marketing means High Networth Individual.

18. Relationship marketing is useful for cross selling of products.

19. Good public relations indicate
Improved marketing skills
Improved brand image
Improved customer service

20. Marketing functions includes
Designing new products
Advertisements
Publicity
After sales service

21. Effective selling skills depends on
Effective lead generation
Sales call planning
Territory allocation
Effective communication skills

22. Marketing channels mean
Delivery period
Delivery outlets
Delivery time
Delivery place

23. Marketing information means
Knowledge level of marketing staffs
Information about marketing staff
Information regarding share market
Knowledge of related markets

24. A DSA means Direct Selling Agent.

25. Service marketing resorted to in Insurance companies and banks.

26. Service marketing is same as
Internet marketing
Telemarketing
Internal marketing
Relationship marketing

27. Market segmentation helps to determine target groups.

28. The four P’s of marketing
Product
Price
Place
Promoting

29. SWOT – Strengths Weakness Opportunities Threats.

30. Standard marketing practices include lowering the selling price.

31. USP of a product means Unique Selling Proposition.
“Rosser Reeves” coined the term USP.

32. MBO means Management by Objectives (“Peter Drucker”)

33. AIDA – Attention Interest Desire Action

34. B2C – Business to Consumer

35. BTL – Below the line

36. A group of related products manufactured by a single company is called product line.

37.MDSS – Marketing Decision Support System.

38. Target group for the marketing of Internet Banking – All the computer educated customers.

39. Innovation means new ideas and product designing.

40. Service after sale is not the function of marketing staff.

41. A good seller should have the following quality/qualities
Devotion to the work
Sympathy
Submissive

42. Planned cost service means – additional profit on same cost.

43. A non-traditional, low-cost, flexible and highly effective marketing is termed as Gorilla marketing.

44. The aim of successful marketing is to increase the outlet of the seller.

45. Low end market means a market for lower price products.

46. The strategy used to charge different prices for the same product is called price discrimination.

47. The system designed to support marketing decision making is – marketing information system.

48. Conversion in marketing means converting suspect into prospect.

49. MC means – Marginal Cost.

50. Digital Banking means Internet Banking and tele-banking.

51. Effective marketing helps in boosting the sales.

52.  Remarketing means a stopping further decline in demand of the product.

SBI PO: Current Affairs Quiz


Ques. : 1 In his recent visit to east African nations, Chinese Premier Li Keqiang signed a deal with which of the following countries to build a new railway with China financing 90 per cent of the 3.6 billion-dollar project?
1) Kenya
2) Uganda
3) Somalia
4) Rwanda
5) Ethiopia


Ques. : 2 The former Prime Minister Ehud Olmert was sentenced to six years in prison for the first time in the history of which of the following countries recently? He was sentenced for corrupt practices in a real estate project.
1) Spain
2) Norway
3) Canada
4) Holland
5) Israel

Ques. : 3 Name the leading Indian IT services company which paid a hefty sum of $34 mn to settle a US visa misuse case in 2013 and now, it will have to retain an independent third-party auditor at its expense to review its visa compliance until 2015.
1) Wipro
2) TCS
3) Infosys
4) HCL
5) Tech Mahindra

Ques. : 4 The UN Secretary-General Ban Ki-moon appointed who among the following as the first woman to command a United Nations peacekeeping force? She will serve as commander of about 1,000 UN peacekeepers in Cyprus.
1) Kristin Lund
2) Ann Dunwoody
3) Terry Gabreski
4) Michelle Howard
5) Janet Wolfenbarger

Ques. : 5 A banking company is required to transfer not less than what per cent out of the balance of profit of each year to the Reserve Fund created under provisions of the Banking Regulation Act, 1949?
1) 5 per cent
2) 10 per cent
3) 15 per cent
4) 20 per cent
5) None of these

Ques. : 6 International Nurses Day (IND) is celebrated around the world on ______of each year.
1) 5 May
2) 8 May
3) 9 May
4) 12 May
5) 15 May

Ques. : 7 Which of the following economies of the world have been declared world’s most expensive economies in a ranking released by the World Bank recently?
1) UK, Japan
2) Bermuda, Denmark
3) US, Australia
4) Switzerland, Norway
5) None of these

Ques. : 8 Which of the following pairs of states and their best practices is NOT matched correctly with respect to the report prepared by consultancy firm Accenture on behalf of DIPP recently?
1) Best land acquisition model in the country – Gujarat
2) Integrated and comprehensive system for VAT – Karnataka
3) Labour management solution – Maharashtra
4) Single window clearance – Rajasthan and Punjab
5) None of these

Ques. : 9 Which of the following companies tops the Forbes' annual list of the world's 2000 largest and most powerful public companies released recently?
1) China Construction Bank
2) Citigroup
3) JP Morgan
4) Industrial and Commercial Bank of China
5) Berkshire Hathaway

Ques. : 10 Which of the following aviation academies was selected for the International Arch of Europe Award 2014 recently?
1) Ahmedabad Aviation and Aeronautics
2) Ahmedabad Aviation and Aeronautics
3) Indian Institute of Aeronautics
4) Rajiv Gandhi Aviation Academy
5) None of these



ANSWERS
1.1) Kenya
2.5) Israel
3.3) Infosys
4.1) Kristin Lund
5.4) 20 per cent
6.4) 12 May
7.4) Switzerland, Norway
8.5) None of these
9.4) Industrial and Commercial Bank of China
10.2) Ahmedabad Aviation and Aeronautics