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Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

Saturday, January 2, 2016

Questions asked in IBPS Clerk Mains held on 2 January 2016 - Morning Shift

Hi Aspirants..Today (2 January 2016) was the first day of IBPS Clerk Mains 2016. In this post we are sharng with you the questions asked in the Morning Shift of today's (02.01.2016) exam  & its Review. The Mains Exam consist of Reasoning, English, Quantitative Aptitude, General Awareness & Computer Knowledge. 40 questions from each section for a total of 200 marks. This will be useful for those having exams in upcoming shift & those preparing for next year's exam. 
IBPS Clerk Mains 2016 Questions

GK Questions asked in 2 January 2016 IBPS Clerk Mains

1. Currency of Nigeria? - Nigerian naira
2. National Housing Bank (NHB) is the subsidiary of? - RBI
3. Beirut Capital of? - Lebanon
4. Which country won the Davis cup 2015? - Great Britain
5. PT Usha is related to which sports? - Atheletics
6. President of France? - Francois Hollande
7. Dachigam National Park is located in which state? - Jammu & Kashmir
8. India’s literacy rate as per census 2011? - 74.04%
9. Sunil Naraine is thecricketer from which country? - West Indies
10. CRAR full form? - Capital to Risk (Weighted) Assets Ratio
11. Who won Mahatma Phule Samata Puraskar 2015? - Arundhati Roy
12. Name India's first Credit Information Company (CIC) founded in August 2000? - Credit Information Bureau (India) Limited (CIBIL)
13. Central Sector Scheme Nai Manzil aims at? - Educational and livelihood needs of minority communities
14. Atal Pension Yojana has replaced which previous scheme? - Swavalamban Yojana
15. Naitonal Voters Day was observed on? - January 25
16. Mount Abu is a popular hill station located in which state? - Rajasthan
17. Which of the following is the Public Sector Bank? - IDBI (from options)
18. 1st BRICS media summit was recently held at? - China
19. KYC is used for which pupose? - To verify the customer
20. Name the first Non-banking financial company (NBFC) recently started bank? - Bandhan
21. IMF recently included which country’s currency in its basket (SDR)? - Yuan (Renminbi) of China
22. In RIDF R stand for? - Rural (Rural Infrastructure Development Fund)
23. First Indian Scientist to receive Bhart Ratna in 1954? - C.V.Raman
24. UNU stands for? - United Nations University [Headquarters: Tokyo,Japan]
25. Commonwealth's new Secretary General? - Patricia Scotland
26. Which bank recently decided to shut its private banking operations in India? - HSBC Holdings Plc
27. MMID full form? - Mobile Money Transfer Identifier
RBI monetary policy review on which basis? - Bi-monthly
(If you are back in Current Affairs don’t worry,  attempt Our Daily Current Affairs Quiz & this will surely improve your GA. Have a try & believe)

Computer Questions asked in 2 January 2016 IBPS Clerk Mains
1. ADSL full form? - Asymmetric digital subscriber line 
2. Mozila Firefox is a? - Web Browser
3. Device act as both input and output? - Touch screen 
4. Which is the text-based operating system? - Linux
5. Full form of HTTP? - HyperText Transfer Protocol
6. Google is a ____? - Serach Engine
7. c++ is which type of language? - Programming Language
8. Which language is used to write internet program? - HTML

Most of the Current Affairs Questions asked were covered in our weekly Currentaffairs4examz PDF. So if you have upcoming exams don't miss our Weekly PDF. Click Here to download the same

First Reviews!!!
From the first reviews received it is seen that English, Reasoning & Computer Sections were easy whereas Aptitude was little bit lengthy & from GA banking & current affairs questions were more - static gk were less. Stay connected for more updates.
Aptitude Review

* No questions from quadratic equation, simplification questions were moderate, Data Interpretation question was easy. 

Monday, December 28, 2015

Banking Awareness Quiz for IBPS Clerk Mains 2016

Hi Aspirants..here are some useful Banking Awareness Quiz for IBPS Clerk Mains 2016 starting on 2 January 2016. Our online quiz equip you to learn questions easily. If your score on first attempt is low, study first and revise again. 

Banking Quiz for IBPS Clerk Exam

Questions for the day. Click the ‘START QUIZ’ button to start the quiz.

1) Who among the following is the primary regulator of Banking business?
(A)Reserve Bank of India
(B)Central Government
(C)State Government
(D)Parliament
(E)a and b both the above

2) Minimum cash reserves fixed by law constitute ___
(A)A percentage of aggregate deposits of the bank
(B)A percentage of aggregate loans and advances of the bank
(C)A percentage of capital & reserves of the bank
(D)All of the above
(E)None of these

3) The main business of banks is to accept deposits from the public. However, a bank can refuse to permit opening an account on behalf of _______:
(A)Undesirable persons
(B)Artificial persons
(C)Arrested persons
(D)Convicted persons
(E)All of the above

4) Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?
(A)Bombay Stock Exchange
(B)Delhi Stock Exchange
(C)Calcutta Stock Exchange
(D)Bangalore Stock Exchange
(E)None of the above

5) Banks are required to monitor transactions of suspicious nature for reporting to the authorities under anti- money laundering measures. The purpose of reporting is:
(A)Combating finance of terrorism
(B)To check hawala transactions
(C)To check the inflow of crime money
(D)To check inflow of the money earned out of sale of narcotics
(E)All the above

6) Which of the following is not a function of General Insurance?
(A)Cattle Insurance
(B)Crop Insurance
(C)Marine Insurance
(D)Fire Insurance
(E)Medical Insurance

7) In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act
(A)Section 22 of banking Regulation Act
(B)Section 22 of RBI Act
(C)Section 22 of NABARD
(D)KYC Guidelines by RBI
(E)a and b above

8) A fixed deposit receipt is kept with the bank for its safety, is known as ___?
(A)Safe custody
(B)Safe deposit
(C)Locker
(D)Valid safe deposit
(E)None of the above

9) Currency notes deposited in the currency chest are the property of ____?
(A)Respective bank
(B)RBI
(C)SBI
(D)Government of India
(E)Respective state Government

10) Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
(A)Public
(B)Relatives in the from of loans
(C)Friends
(D)All of the above
(E)None
Attempt Quiz to check the right answers. 

Sunday, October 25, 2015

Quiz on Latest RBI Policy Rates for Exams

Friends..Here is an Interesting Quiz to study latest Repo, Reverse Repo, Bank Rate, CRR, SLR, MSF Rates etc easily and know what they stand for. RBI changes these rates based on their Monetary Policy reviews. These rates have been last revised in its policy review on 29 September 2015. We will update this whenever there is a change. Study with fun :) 
Quiz on latest RBI Rates



Click Here to take this quiz from our direct site for better experience 
1) What is Repo Rate?
(A) Deposits of banks in government securities
(B) Rate at which banks borrow funds from the RBI
(C) Rate at which RBI borrows money from the banks
(D) Deposits (as cash) which banks have to keep/maintain with the RBI

2) Which is the current Repo Rate? (As on 25.10.15)
(A) 6.75 %
(B) 4.00 %
(C) 7.75 %
(D) 21.50 %

3) What is Reverse Repo Rate?
(A) Deposits of banks in government securities
(B) Rate at which banks borrow funds from the RBI
(C) Rate at which RBI borrows money from the banks
(D) Deposits (as cash) which banks have to keep/maintain with the RBI

4) Which is the current Reverse Repo Rate? (As on 25.10.15)
(A) 6.75 %
(B) 4.00 %
(C) 7.75 %
(D) 5.75 %

5) Which is the current Bank Rate? (As on 25.10.15)
(A) 6.75 %
(B) 4.00 %
(C) 7.75 %
(D) 21.50 %

6) What is Cash Reserve Ratio?
(A) Deposits of banks in government securities
(B) Rate at which banks borrow funds from the RBI
(C) Rate at which RBI borrows money from the banks
(D) Deposits (as cash) which banks have to keep/maintain with the RBI
7) Which is the current Cash Reserve Ratio? (As on 25.10.15)
(A) 6.75 %
(B) 4.00 %
(C) 7.75 %
(D) 21.50 %

8) What is Statutory Liquidity Ratio (SLR)?
(A) Deposits of banks in government securities
(B) Rate at which banks borrow funds from the RBI
(C) Rate at which RBI borrows money from the banks
(D) Deposits (as cash) which banks have to keep/maintain with the RBI

9) Which is the current Statutory Liquidity Ratio (SLR)? (As on 25.10.15)
(A) 6.75 %
(B) 4.00 %
(C) 7.75 %
(D) 21.50 %

10) Which is the current Marginal Standing Facility (MSF)? (As on 25.10.15)
(A) 6.75 %
(B) 4.00 %
(C) 7.75 %
(D) 21.50 %

Answers
1) Ans. (B) Rate at which banks borrow funds from the RBI
2) Ans. (A) 6.75 %
3) Ans. (C) Rate at which RBI borrows money from the banks
4) Ans. (D) 5.75 %
5) Ans. (C) 7.75 %
6) Ans. (D) Deposits (as cash) which banks have to keep/maintain with the RBI
7) Ans. (B) 4.00 %
8) Ans. (A) Deposits of banks in government securities
9) Ans. (D) 21.50 %

Saturday, October 10, 2015

10 October 2015 IBPS PO Prelims Review & Questions (Slot 1)

Hi friends.. Today (10.10.2015) is the third day of  IBPS PO 2015 Prelims Exam. Today also exam will be held in four slots ie, 9 AM, 11:30 AM, 2 PM and 4:30 PM. First slot exam at 9AM is over. As per the reviews from our friends exam was of Moderate level. Here is the detailed analysis of the first Slot exam along with expected cutoff. 

Here is the Pattern of IBPS PO Prelim Exam.

1) English Language - 30 Questions - 30 Marks
2) Quantitative Aptitude - 35 Questions - 35 Marks
3) Reasoning Ability - 35 Questions - 35 Marks
Total - 100 Questions- 100 Marsk - 1 Hour

IBPS PO Prelims 10 October 2015
Lets check the detailed analysis of each section of 10th October IBPS PO V Prelim first slot.

English Language (Level – Moderate)
1. Reading Comprehension (British Bank Based) - 10 questions -Moderate
2. Reading Comprehension – 10 Questions RC on Bank of  England -Moderate
3. Cloze Test – 5 Questions (Private Schools and Govt. Schools) - Moderate
4. Fillers - 5 Questions - Easy
5. Errors -  5 Questions - Moderate to Difficult

Quantitative Aptitude (Level –Moderate)
1. Data Interpretation - 10 questions - Moderate
2. Number Series – 5 Questions - Moderate
3. Approximation – 5 Questions - Easy to Moderate
4. Quadratic Equation - 5 questions - Easy
5. Simplification - 5 questions - Easy
6. Miscellaneous(Age, Mixture Allegation, Partnership, Profit Loss, Average, Boats & Stream, Compound/Simple Interest, Time & Work, etc.) - 10 questions -Moderate

Reasoning Ability (Level – Easy to Moderate)
1. Syllogism – 5 Questions - Easy
Note: Syllogism Questions was of 2 statement and 2 conclusion. Also possibility questions was asked but it was of easy level.
2. Coding & Decoding - 5 questions -Easy
3. Inequalities - 5 questions - Easy
4. Sitting Arrangement (Circular) - 5 questions - Moderate
5. Puzzles(Complex Arrangement based on Colour and Months/ North South Arrangement) - 10 questions - Moderate to Difficul
6. Coding Decoding – 5 Questions - Easy
7. Blood Relation – 3 Questions - Easy
8. Miscellaneous Questions – 2 Questions  - Easy

The overall expected cutoff of IBPS PO Prelims Exam from this exam will be around 36 – 41 for general category.
Check Review of IBPS PO Prelims 2015 held so far

Sunday, October 4, 2015

IBPS PO Prelims 04 October 2015 Review & Questions (Slot 1 - 9 AM)

Hi friends.. Today (4.10.2015) is the second day of IBPS PO 2015 Prelims Exam. This is the fisr time IBPS is conducting the prelims exam for PO selection. Today also exam will be held in four slots ie, 9 AM, 11:30 AM, 2 PM and 4:30 PM. First slot exam at 9AM is over now. As per the reviews from our friends exam was of Moderate level. Here is the detailed analysis of the first Slot exam along with expected cutoff. Also check review of PO Prelims-3 October 2015.


Here is the Pattern of IBPS PO Prelim Exam.

1) English Language - 30 Questions - 30 Marks
2) Quantitative Aptitude - 35 Questions - 35 Marks
3) Reasoning Ability - 35 Questions - 35 Marks
Total - 100 Questions- 100 Marsk - 1 Hour

Take a look at the section wise analysis.
IBPS PO Prelims 2015 Review
English Language ( Level : Moderate)
1) Fill in the blanks – 5 Questions - Easy
2) Cloze Test – 5 Questions  (Based on Education System) - Moderate
3) Reading Comprehension – 10 Questions (RC on Australian Bank) - Moderate
4) Parajumbled – 5 Questions (Based on Chinese Economy) - Moderate
5) Spotting Error – 5 Questions -Easy
Some Questions from Antonym/Synonym are: Fabulous, Bumber, DIP

Quantitative Aptitude(Level: Moderate)
1) Quadratic Equation – 5 Questions -Easy
2) Approximation – 5 Questions -Easy
3) Number Series – 5 Questions - Moderate
Questions: Number Series - Just need to find next number missing, which was a very easy.
4) Data Interpretation (2 Sets) – 10 Questions  - Easy
Questions: One set based on Line Graph (Easy)  and other set based on Missing Number (% in Arts, Commerce, etc).
5) Misc Question from Age, Mixture Allegation, Partnership, Profit Loss, Average, Boats & Stream, Compound/Simple Interest, Time & Work, etc. - 10 Questions - Easy to Moderate

Reasoning Ability(Level: Easy to Moderate)
1) Blood Relation – 3 Questions - Easy to Moderate
2) Inequality – 5 Questions (Direct Questions) -Easy
3) Coding Decoding – 5 Questions - Easy to Moderate
4) Linear Arrangement (North South) – 5 Questions - Easy
5) Syllogism – 5 Questions -Easy
Questions: Syllogism Questions was of 2 statement and 2 conclusion.
6) Sitting Arrangement (Circular) – 5 Questions   - Blood relation type Questions
7) Puzzle - 5 Questions (Month Based  – Floor wise) - Moderate
8) Misc Questions from Ranking, Direction test, etc. - 2 Questions - Easy

The overall expected cutoff of IBPS PO Prelims Exam from this shift will be around 38 – 45 for general category.

Please Share questions you remember below as comment.

Saturday, October 3, 2015

Review of IBPS PO Prelims - 3 October 2015 (Slot 1 - 9 AM)

Hi friends.. Institute of Banking Personnel Selection (IBPS) has today (3.10.2015) started its  IBPS PO 2015 Prelims Exam. This is the first time IBPS is conducting the prelims exam for PO selection. Today exam will be held in four slots ie, 9 AM, 11:30 AM, 2 PM and 4:30 PM. The pattern of the IBPS PO Prelims was same as SBI PO 2015 Prelims Exam held few months back. First slot exam at 9AM is now over. As per the reviews from our friends exam was of Moderate level. Here is the detailed analysis of the first Slot exam along with expected cutoff. 

First let's have a look at the Pattern of IBPS PO Prelim Exam.

1) English Language - 30 Questions - 30 Marks
2) Quantitative Aptitude - 35 Questions - 35 Marks
3) Reasoning Ability - 35 Questions - 35 Marks
Total - 100 Questions- 100 Marsk - 1 Hour

Take a look at the section wise analysis. 
IBPS PO Prelims 3 October 2015

English Language ( Level : Moderate)
1) Close Test (Primary Education comparison with the American System) - 5 Questions - Moderate
2) Reading Comprehension – 10 Questions (Based on Economics – Lengthy) - Moderate
3) Fillers - 5 Questions -Moderate
4) Spotting Error – 5 Questions - Moderate to Difficult
5) Para-Jumbled (tricky type paragraph) - 5 Questions -Moderate
6)  Fill in the blanks – 5 Questions - Easy

Quantitative Aptitude(Level: Moderate to Difficult)
1) Simplification - 5 Questions - Easy
2) Number Series – 5 Questions - Moderate
3) Quadratic Equation  - 5 Questions - Easy
4) Data Interpretation - 10 Questions - Moderate
5) Approximation – 5 Questions - Moderate
6) Data Interpretation (2 Sets) – 10 Questions – Easy to Moderate
7) Miscellaneous(SI,CI, Speed &Time, Profit and Loss, Time and Work, Averages, Ages, Ratio etc.) - 10 Questions – Easy to Moderate

Reasoning Ability(Level: Easy to Moderate)
1) Inequalities – 5 Questions  -Easy
2) Coding Decoding – 5 Questions - Easy
3) Puzzles(Complex Arrangement based on Colour and Months/ North South Arrangement) -- 10 Questions - Moderate to Difficult
4) Sitting Arrangement (Circular)– 5 Questions - Moderate
5) Linear Arrangement (North South) – 5 Questions -Easy to Moderate
6) Miscellaneous Questions (Blood Relations, Ranking, Direction test etc) -  5 Questions - Moderate
7) Syllogism – 5 Questions - Moderate


Some Questions I remember – Shared by Neethu Vijayan
1. 24 men do a work in 16 days . 20 women do a work in 18 days . what is the ratio of one day work done by 32 men and 36 women ?
2. Ram goes A to B @ 4kmph and reach 20 minutes late , and @ 6 kmph reach 30 minutes Late . Find distance between A and B ?
3. Simplification was Moderate and not too much complicated just involving +,-,*,/ and sqrt. You could solve this in 5 mins or even less if you are good at speed maths. 

The overall expected cutoff of IBPS PO Prelims Exam will be around 35 – 41 for general category.

Please Share questions you remember below as comment.

Sunday, September 27, 2015

IBPS RRB Assistant GK Questions: 27 September 2015 (Evening Shift)

Hi friends.. Here are the GK, GA and Banking Awareness Questions asked in today's(27-09-2015) IBPS RRB Assistant Exam 2015 Evening Shift. These questions will surely serve as a model for upcoming IBPS PO and Clerk Exam 2015.

1. International Day of Peace? - 21 September
2. Capital of Uzbekistan? - Tashkent
3. Currency of Hungary? - Hungarian Forint
4. Rock garden is build by? - Nek Chand
5. SEBI & FMC merger date? -  28th September
6. 'Dhanchayat' is an educational film made by which bank? - HDFC Bank
7. Kisan Vikas Patra minimum amount? - Rs. 1000
IBPS RRB Assistant Exam 2015
8. Minimum amount for opening PMJDY account? - Zero
9. Mettur Dam is on which river? - Kaveri River
10. Wimbledon Mix Doubles Winner 2015? - Martina Hingis & Leander Paes
11. Yoga Express train name? - Ahmedabad Haridwar Yoga Express
12. Pradhan Mantri Suraksha Bima Yojana (PMSBY) is available at a premium of? - Rs. 330 per year
13. Joshna Chinappa is associated with which sport? - Squash
14. Jeevan Jyoti premium amount? - Rs. 330
15. Bharatiya Mahila bank headquarters? -New Delhi
16. RBI received how many applications small finance banks? - 72
17. Reason for compulsion of PAN on above 1 lac gold purchase? - Money Laundering


Hi..If you are preparing for IBPS PO 2015 and IBPS Clerk 2015.. Do check our Quiz Website for useful Study Materials