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Sunday, August 17, 2014

Langpi Dehangi Rural Bank Recruitment of Officer & Office Assistants Posts

Langpi Dehangi Rural Bank invites applications for the post of Officer in Middle Management Grade (Scale III), Middle Management Grade (Scale II), Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) for those who have qualified at the Online CWE for RRBs conducted by IBPS during September/ October 2013, against the vacant posts of the Bank for the year 2013-14.

  1. Officer Scale-III: 01 Post
  2. Officer Scale-II (General Banking): 01 Post
  3. Officer Scale-II (CA): 01 Post
  4. Officer Scale-I (Law): 01 Post
  5. Officer Scale-II (Agricultural Officer): 01 Post
  6. Officer Scale-I: 07 Posts
  7. Office Assistant (Multipurpose): 12 Posts
Eligibility: Eligibility Criteria is to be considered as per RRBs CWE-II Advertisement published in Employment News/ Rozgar Samachar Issue Dated 6th July–12th July, 2013released by IBPS and posted on the IBPS?s website

Application Fee (Including Postage/ Intimation Charges): Rs. 20/- for SC/ ST/ PWD candidates and Rs. 100/- for all others candidates.

How to Apply: Candidates can apply online only.

Last Date: 26-Aug-2014

For more details, please visit:

Sunday, August 10, 2014

IBPS Common Recruitment Process for Recruitment in Clerical Cadre (CWE Clerks-IV) Recruitment

The online examination for the next Common Recruitment Process (CRP) for selection of personnel for Clerical cadre Posts in the Participating Organisations listed below is tentatively scheduled in December 2014. 

Eligibility Criteria :
  • Age :  20 to 28 years (relaxation is there for SC / ST / OBC / EXs / Widows / Divorced woman etc. Check notification for details)
  • Educational Qualification : Graduation from any recognized university
Application Fee :
  • Rs. 100/- for SC / ST / PWD / EXSM Candidates
  • Rs. 600/- for all others
    Important Points : Since recruitment in clerical cadre in Public Sector Banks is done on  State/UT-wise basis, candidates can apply for vacancies in any one State/ UT only. Consequently, a candidate would be required to appear for CWE & Interview in any one of the centres in that particular State/UT.  
      Important Dates :
      • Online Registration Starts from : 12th August 2014 to 1st September 2014
      •  Payment of Application Fee :
        • Online : 12th August 2014 to 1st September 2014
        • Offline : 14th August 2014 to 3rd September 2014
      • Call Letter download for the examination : After 17th November 2014
      • Dates of Online Exam (Tentative):
        • 6th December 2014
        • 7th December 2014
        • 13th December 2014
        • 14th December 2014
        • 20th December 2014
        • 21st December 2014
        • 27th December 2014
      • Declaration of Results : January 2015
      • Interview Call letter Download : January 2015
      • IBPS PO IV Interviews : February 2015
      • Provisional Allotment : April 2015

      Monday, July 28, 2014


      1. Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of ____
      a) Minors
      |b) Married Women
      c) Senior citizens
      d) Government Employees
      e) Rural residents

      2. When the rate of inflation increases ___
      a) Purchasing power of money increases
      b) Purchasing power of money decreases
      c) Value of money increases
      d) Purchasing power of money remains unaffected
      e) Amount of money in circulation decreases

      3. A centralized database with online connectivity to branches, internet as well as ATM network which has been adopted by almost all major banks of our country is known as ___
      a) Investment Banking
      b) Core Banking
      c) Mobile Banking
      d) National Banking
      e) Specialized Banking

      4. Which of the following is NOT considered a money market instrument?
      a) Treasury Bills
      b) Repurchase Agreement
      c) Commercial Paper
      d) Certificate of Deposit
      e) Shares and Bonds

      5. Which of the following is necessary while opening deposit accounts in banks?
      a) Will
      b) Registration
      c) Nomination
      d) Indemnity
      e) Guarantee

      6. Which of the following is not a banking term?
      a). Letter of credit
      b). MIBOR
      c). Factoring services
      d). Entry load
      e). None of these

      7. Which of the following organizations issue the rules of global trade?
      a) IMF
      b) World Trade Organization
      c) Foreign trade
      d) G-20
      e) None

      8. One single statement that depicts the financial position of a Bank and / or Business enterprise at a given point of time is called:
      a) Statement of product details
      b) Foreign exchange
      c) Balance Sheet
      d) Balance of payment
      e) Trading and Manufacturing account

      9. The Reverse Mortgage Scheme is launched to give benefit to which of the following groups of society?
      a) Persons below 60 yrs
      b) Senior Citizens
      c) Unemployed youth
      d) Orphans
      e) All the above

      10. One of the major challenges banking industry is facing these days is curbing deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following act is passed to prevent this activity?
      a) Payment & settlements Act
      b) Control money supply Act
      c) Narcotics and Psychotropic substance Act
      d) Prevention of Money laundering Act
      e) None

      11. Which of the following scheme is not meant for investment purposes?
      a) National saving certificate
      b) Infrastructure bonds
      c) Mutual funds
      d) Letter of credit
      e) None of these

      12. Basel norms which are important regulatory stipulations are meant for which sector?
      a) Insurance
      b) Banking
      c) Micro finance
      d) Pension funds
      e) None

      13. Systematic investment Plans relates to:
      a) Mutual Funds
      b) Life Insurance Companies
      c) Commercial Banks
      d) Post office savings schemes
      e) None

      14. Euro money is the official currency of ___?
      a) NATO
      b). United Nations
      c) European Union
      d) Germany and England
      e) None of these

      15. Which of the following is an example of cash less purchase?
      a) Debit card
      b) Credit card
      c) ATM withdrawal
      d) All of the above
      e) None

      16. Whose signature appears on Indian Rs. 100 note?
      a) Finance Minister
      b) RBI Governor
      c) Finance Secretary
      d) Chairman, Planning Commission
      e) None

      17. While discussing investments there is a mention of short term government security. What is this investment?
      a) Debenture
      b) Mutual funds
      c) Treasury bill
      d) Share
      e) None of these

      18. NBFCs are an important part of the Indian financial system. what is meant by this term?
      a) New Banking Financial Companies
      b) Non Banking Financial Companies
      c) Neo Banking Financial Confederation
      d) Non banking Fiscal Companies

      19. Banking loan against property requires the asset to be free from encumbrances. What does it mean?
      a) The asset to be free from any liability
      b) The asset to be properly registered
      c) The property to be fully constructed
      d) The asset should not have multiple owners
      e) None

      20. RBI stipulates a healthy mix of CASA in the business figures of banks. What is CASA?
      a) Customer Analysis and Savings Pattern
      b) Cost Appreciation and selling Analysis
      c) Current Account and saving Account
      d) Credit and savings Aggregate
      e) None of these

      21. Which one of the following is not an electronic banking delivery channel?
      a) Mobile Vans
      b) Mobile Phone Banking
      c) Internet Banking
      d) Tele Banking
      e) ATM

      22. The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the ____
      a) Exchange rate
      b) MIBOR
      c) Inter bank Call money rate
      d) Base rate
      e) LIBOR

      23. Now-a-days Banks are selling third party products. Example of third party product is:
      a) Mutual funds
      b) Term deposits
      c) Credit cards
      d) All of these
      e) None

      24. Electronic Clearing Service in banks can be availed only by:
      a) Individuals
      b) Corporates
      c) Senior Citizens
      d) All of these
      e) None

      25.What is the full form of CRR as used in banking sector?
      a) Crucial Reserve Rate
      b) Cash Reserve Ratio
      c) Current Reserve Ratio
      d) Core Current Ratio
      e) None.

      26.What is the full form of LAF as used in the banking world very frequently ?
      a) Liquid Advances Finance
      b) Liquidity Adjustment Facility
      c) Legal Adjournment Formality
      d) Local Advance Finance
      e) Late Arrival of Finance

      27.Where is the headquarters of International Monetary Fund?
      a) Geneva
      b) Paris
      c) London
      d) Manila
      e) Washington DC

      28. Many Regional Rural Banks are given licence to open branches in small cities and towns. These licences are given by:
      a) Cabinet Committee on Economic Affairs
      b) Reserve Bank Of India
      c) NABARD
      d) Indian Banks' Association
      e) None of these

      29. Which of the following organisations/agencies is not associated with the world of Banking and Finance?
      a) SEBI
      b) AMFI
      c) RBI
      d) ECGC
      e) SPCA

      30. Banks recover term loan from the parties in EMIs. What does the letter 'E' represent in the term?
      a) Easy
      b) Effective
      c) Equated
      d) Essential
      e) Economical

      31. What is the Bank Rate at Present?
      a) 2%
      b) 4%
      c) 8.25%
      d) 8%
      e) None of these

      32. Which of the following is not a scheduled commercial bank?
      a) IDBI
      b) AXIS
      c) HDFC
      d) NABARD
      e) Kotak Mahindra Bank

      33. Which of the following certainly is an effort in the direction of Financial Inclusion?
      a) Internet Banking
      b) Anywhere Banking
      c) No-frills Account
      d) Foreign Currency Accounts
      e) All of these

      34. Who amongst the following Padma Bhushan awardees is a famous Banker?
      a) Azim H Premji
      b) Kapila Vatsyayan
      c) Chanda Kochhar
      d) Waheeda Rahman
      e) Brajesh Mishra

      35. Which of the following Acts has specially been launched to facilitate banks in recovery of bad loans?
      a) RBI Act
      b) Banking Regulation Act
      c) Companies Act
      d) Income Tax Act
      e) SARFAESI Act

      36. The financial assistance or loans of Rs. 10,000 by a bank to a very small borrower will be called?
      a) Business Finance
      b) Govt. Finance
      c) Micro Finance
      d) Small Finance
      e) KYC finance

      37. Who amongst the following cannot work as a Business Correspondent as given in the scheme launched by the banks ?
      a) Kirana Store
      b) Post Office
      c) Self Help Group
      d) A Bank Officer
      e) Co-operative Society

      38. Some banks are financing big projects like construction of roads, bridges etc. Finacing such projects means banks are helping exactly in:
      a) Infrastructural Development
      b) Project Management
      c) Developing Core Sector Industry
      d) Financial Inclusion
      e) All of these

      39. As we know, a lot of new concepts are being used in the field of banking these days, which of the following is NOT one such concept/product directly associated with banks ?
      a) RTGS
      b) SMS alert
      c) Demat Account
      d) ATM/Debit card
      e) Number Portability

      40. Which of the following is NOT a Nationalised bank?
      a) Union Bank of India
      b) Central Bank of India
      c) YES Bank
      d) Syndicate Bank
      e) Indian Bank

      41. Interest payable on savings bank accounts is?
      a) De-regulated by RBI
      b) Regulated by State Governments
      c) Regulated by Central Govt
      d) Regulated by RBI
      e) Regulated by Finance Minister

      42. The usual deposit accounts of banks are?
      a) Current accounts, electricity accounts and insurance premium accounts.
      b) Current accounts, post office savings, bank accounts and term deposit accounts.
      c) Loan accounts, savings bank accounts and term deposit accounts.
      d) Current accounts, savings bank accounts and term deposit accounts.
      e) Current bill accounts and term deposit accounts.

      43. Fixed deposits and recurring deposits are?
      a) Repayable after an agreed period
      b) Repayable on demand
      c) Not repayable
      d) Repayable after death of depositors
      e) Repayable on demand or after an agreed period as per bank's choice

      44. Accounts are allowed to be operated by cheques in respect of?
      a) Both savings bank accounts and fixed deposit accounts.
      b) Savings bank accounts and current accounts.
      c) Both savings bank accounts and loan accounts.
      d) Both savings bank accounts and cash accounts only.
      e) Both current accounts and fixed deposit accounts.

      45. Which of the following is correct statement?
      a) No interest is paid on current deposit accounts.
      b) Interest is paid on current accounts at the same rate as term deposit accounts.
      c) The rate of interest on current accounts and savings accounts are the same.
      d) No interest is paid on any deposit by the bank.
      e) Savings deposits are the same as current deposits.

      46. Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called?
      a) Universal banking
      b) Virtual banking
      c) Narrow banking
      d) Brick & Mortal banking
      e) None

      47. Financial inclusion means provision of ?
      a) Financial services namely payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the bank
      b) Ration at affordable cost to persons not yet given the same
      c) House at affordable cost to persons not yet given the same
      d) Food at affordable cost to persons not yet given the same
      e) Education at affordable cost to persons not yet given the same

      48. When a bank returns a cheque unpaid, it is called?
      a) Payment of the cheque
      b) Drawing of the cheque
      c) Canceling of the cheque
      d) Dishonour of the cheque
      e) Taking of the cheque

      49. Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) Sector?
      a) YH Malegam
      b) Dr. KC Chakraborty
      c) C. Rangrajan
      d) M. Damodaran
      e) Usha Thorat

      50. Which of the following types of accounts are known as 'Demat Accounts'?
      a) Accounts which are Zero Balance
      b) Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there
      c) Accounts in which shares of various companies are traded in electronic form
      d) Accounts which are operated through internet banking facility
      e) None of the above

      51. NEFT means?
      a) National Electronic Funds Transfer
      b) Negotiated Efficient Fund Transfer system
      c) National Efficient Fund Transfer solution
      d) Non Effective Fund Transfer system
      e) Negotiated Electronic Foreign Transfer system.

      52. Distribution of insurance products and insurance policies by banks as corporate agents is known as?
      a) General insurance
      b) Non life insurance
      c) Bancassurance
      d) Insurance Banking
      e) Deposit Insurance

      53. In respect of partnership business, LLP stands for:
      a) Local Labour Promotion
      b) Low Labour Projects
      c) Limited Loan Partnership
      d) Longer Liability Partnership
      e) Limited Liability Partnership

      54. What is a stale cheque?
      a) A cheque issued without drawer's signature.
      b) A cheque with only signature of the drawer.
      c) A cheque which has completed 3 months from the date of its issue.
      d) Any one of the above.
      e) None

      55. Interest on savings bank account is now calculated by banks on?
      a) Minimum balance during the month
      b) Minimum balance from 7th to last day of the month
      c) Minimum balance from 10th to last day of the month
      d) Maximum balance during the month
      e) Daily product basis

      56. Largest shareholder (in percentage shareholding) of a Nationalized bank is ?
      a) RBI
      b) NABARD
      c) LIC
      d) Govt of India
      e) IBA

      57. An account that can be opened by business organisations and also individuals is known as a?
      a) Term deposit
      b) Checking Account
      c) Saving Bank deposit
      d) No Frills Accounts
      e) Current deposit

      58. A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as?
      a) CHAPS
      b) SWIFT
      c) NEFT
      d) SFMS
      e) CHIPS

      59. Buy now & pay later refers to?
      a) Foreign Currency
      b) Internet Banking
      c) US Dollars
      d) Traveler's cheques
      e) Credit Cards

      60. Which one of the following is not 'Money Market Instrument'?
      a) Treasury Bills
      b) Commercial Paper
      c) Fixed Deposit
      d) Equity Shares
      e) None

      61. Which one of the following is a retail banking product?
      a) Home Loans
      b) Working capital finance
      c) Corporate Term Loans
      d) All the above
      e) None

      62. Finance Ministry has asked the RBI to allow common ATMs that will be owned and managed by non-banking entities hoping to cut transaction costs for banks. Such ATMs are known as?
      a) Black label ATMs
      b) Offsite ATMs
      c) On site ATM's or red ATMs
      d) Third party ATMs
      e) White label ATMs

      63. Technological advancement in the recent times has given a new dimension to banks, mainly to which one of the following aspects?
      a) New Age Financial Derivatives
      b) Service Delivery Mechanism
      c) Any Banking
      d) Any type banking
      e) Multilevel Marketing

      64. Which of the following is NOT a function of the Reserve Bank of India?
      a) Fiscal Policy Functions
      b) Exchange Control Functions
      c) Issuance, Exchange and Destruction of currency notes
      d) Monetary Authority Functions
      e) Supervisory and Control Functions

      65. Which of the following is NOT required for opening a bank account?
      a) Identity Proof
      b) Address Proof
      c) Recent Photographs
      d) Domicile Certificate
      e) None

      66. What is the maximum deposit amount insured by DICGC?
      a) Rs. 2,00,000 per depositor per bank
      b) Rs. 2,00,000 per depositor across all banks
      c) Rs. 1,00,000 per depositor per bank
      d) Rs. 1,00,000 per depositor across all bank
      e) None

      67. The present Foreign Trade Policy of India will continue till?
      a) Dec 2012
      b) Mar 2013
      c) Mar 2014
      d) Jun 2013
      e) Dec 2014

      68. With reference to a cheque who is drawee?
      a) The bank that collects cheque.
      b) The payee's bank.
      c) The endorsee's bank.
      d) The endorser's bank.
      e) The bank upon which the cheque is drawn.

      69. In which of the following fund transfer mechanisms, funds can be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?
      a) RTGS
      b) NEFT
      c) TT
      d) EFT
      e) MT

      70. Banking Ombudsman Scheme is applicable to the business of ?
      a) All Scheduled commercial banks excluding RRBs.
      b) All Scheduled commercial banks including RRBs.
      c) Only Public Sector Banks
      d) All Banking Companies
      e) All scheduled banks except private banks.

      71. Nationalization of banks aimed at all of the following except?
      a) Provision of adequate credit for agriculture, SME & exports.
      b) Removal of control by a few capitalists.
      c) Provision of credit to big industries only.
      d) Access of banking to masses.
      e) Encouragement of a new class of entrepreneurs.

      72. Which one of the following banks is headed by a Woman CEO?
      a) Bank of Baroda
      b) HDFC Bank
      c) Central Bank of India
      d) PNB
      e) ICICI

      73. Base Rate is the rate below which no Bank can lend their funds. Who sets up this 'Base Rate' for Banks?
      a) Individuals Banks Board
      b) Ministry of Commerce
      c) Ministry of Finance
      d) RBI
      e) Interest Rate Commission of India

      74. What is a 'Debit Card'?
      a) It is a card issued by a Rating Agency.
      b) It is a card which can be used for withdrawing cash or making payment even in the absence of any balance in the account.
      c) It is a card which can be used for withdrawing cash or making payment at Point of Sales (POS) if there is balance in the account.
      d) It is a card issued to borrowers
      e) It is a card which can be used for making STD calls.

      75. Bad advances of a Bank are called?
      a) Standard accounts
      b) Book debts
      c) Non Performing Assets
      d) Out of order accounts
      e) Overdrawn accounts

      76. Axis Bank is a?
      a) Public Sector Bank
      b) Private Sector Bank
      c) Co-operative Bank
      d) Foreign Bank
      e) Gramin Bank

      77. By increasing repo rate, the economy may observe the following effects ______
      a) Rate of interest on loans and advances will be costlier.
      b) Industrial output would be affected to an extent.
      c) Banks will increase rate of interest on deposits.
      d) Industry houses may borrow money from foreign countries.
      e) All of these.

      78. Increased interest rates, as is existing in the economy at present will_______
      a) Lead to reduction in borrowings
      b) Lead to lower GDP growth.
      c) Mean higher cost of raw materials.
      d) Mean lower cost of raw materials.
      e) Mean higher wage bill.

      79. Which of the following schemes is launched to provide pension to the members of unorganized sectors in India?
      a) Swabhiman
      b) Jeevan Dhara
      c) Jeevan Kalyan
      d) ASHA
      e) Swalamban

      80. A cheque returned for insufficiency of funds. Payee will have right to issue notice and approach court of law for justice under section 138 of which act?
      a) Indian Penal Code
      b) Negotiable Instrument Act
      c) Criminal Procedure Code
      d) Payment and Settlement Act
      e) Indian Contract Act

      81. Mr. Rajendra had filed a complaint with Banking Ombudsman and is not satisfied with the decision. What is the next option available for him to get his problem redressed?
      a) Write to the CMD of the Bank.
      b) File an appeal before the Finance Minister.
      c) File an appeal before the Banking Ombudsman again.
      d) File an appeal before the Dy. Governor RBI.
      e) Simply close the matter as going to court involves time and money.

      82. Which of the following is an example of Financial assets?
      a) National Saving Certificate
      b) Infrastructure Bonds
      c) Indira Vikas Patra
      d) Krishi Vikas Patra
      e) All of these

      83. Bank branches which can undertake foreign exchange business directly are known as:
      a) Authorized dealers
      b) Foreign dealers
      c) Overseas branches
      d) Approved dealers
      e) Exchange branches

      84. Insurance cover for bank deposits in our country is provided by ____
      a) SBI
      b) Govt of India
      c) GIC
      d) LIC
      e) DICGC

      85. The Financial Literacy does not include which of the following?
      a) How to invest the funds
      b) How to use the limited funds carefully
      c) How to minimize the risks
      d) How to reinvest the money earned
      e) None of these

      86. 'ADB' refers to-
      a) Amedical Development Bank
      b) Amedical Depository Bureau
      c) Additional Debit Balance
      d) Only a&b
      e) Asian Development bank

      87. When a banker talks about CDR, what is he talking about?
      a) Corporate Debt Restructuring
      b) Corporate Debt Rollover
      c) Company Debt Rollover
      d) Corporate Deposit Restructuring
      e) Company Deposit Restructuring

      88. Expand the term ALM as used in Banking/Finance sector?
      a) Asset Liability Management
      b) Asset Liability Maturity
      c) Asset Liability Mismatch
      d) Asset Liability Manpower
      e) Asset Liability Maintenance

      89. Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms most closely related to which of the following industries/ markets?
      a) Capital Market
      b) Banking industry
      c) Commodities market
      d) Money Market
      e) Mutual funds

      90. What is the maximum period for which domestic term deposits are normally accepted by the banks in our country?
      a) 3 yr
      b) 5 yr
      c) 7 yr
      d) 10 yr
      e) 12 yr

      91. If you wish to purchase some US Dollars for your travel abroad, you should approach?
      a) The Ministry of Finance
      b) The US Embassy
      c) Any Bank Branch authorized to do such activity
      d) The Reserve Bank of India
      e) External Affairs Ministry

      92. What does the letter 'L' stands for in the term LAF commonly used in financial/economic news?
      a) Liquidity
      b) Least
      c) Liabilities
      d) Long
      e) Liquid

      93. Which of the following is not classified as a Commercial Bank?
      a) Public Sector Bank
      b) Foreign Bank
      c) Private Sector Bank
      d) Regional Rural Bank
      e) Urban Cooperative Bank

      94. Which of the following is not the name of the a Banking Organization?
      a) HDFC
      b) IDBI
      c) YES
      d) SEBI
      e) ICICI

      95. Money laundering means
      a) Concealment of income source mainly to avoid income tax
      b) Money acquired from undisclosed sources and deposited in foreign banks
      c) Money acquired from undisclosed sources and deposited in foreign banks
      d) Process of conversion of money obtained illegally to appear to have originated from legitimate sources to convert black money into white money
      e) Money acquired from drug trafficking

      96. Monetary Policy as an arm of the economic policy is administered by
      a) Government of India
      b) RBI
      c) SBI
      d) Govt of the respective states
      e) None

      97. Which of the following is not a primary function of a Bank?
      a) Granting loans
      b) Collecting cheques/ drafts of Customers
      c) Arranging VISA for students for abroad education
      d) Issuing bank drafts
      e) Selling Gold/Silver Coins.

      98. Reserves that can act as a liquidity buffer for Commercial Banks during crisis times are
      a) CAR
      b) CRR
      c) CAR & CRR
      d) CRR & SLR
      e) SLR

      99. National Bank for Agriculture and Rural Development (NABARD) is established in
      July, 1982 as per recommendations of Committee headed by
      b) Saraf
      c) Rangarajan
      d) Sivaraman
      e) Bimal Jalan

      100. What is the name of the trade Association of IT & BPO companies in India?
      a) NASSCOM
      b) FICCI
      c) CII
      d) AIMA
      e) ASSOCHAM

      1) c; 2) b; 3) b; 4) e; 5) c; 6) d; 7) b; 8) c; 9) b; 10) d;
      11) d; 12) b; 13) a; 14) c; 15) d; 16) b; 17) c; 18) b; 19) a; 20) c;
      21) a; 22) a; 23) a; 24) d 25) b; 26) b; 27) e; 28) b; 29) e; 30) c;
      31) c; 32) d; 33) c; 34) c; 35) e; 36) c; 37) d; 38) a; 39) e; 40) c.
      41) a; 42) d; 43) a; 44) b; 45) a; 46) b; 47) a; 48) d; 49) a; 50) c;
      51) a; 52) c; 53) e; 54) c; 55) e; 56) d 57) a; 58) b; 59) e; 60) c;
      61) a; 62) e; 63) b; 64) a; 65) d; 66) c; 67) c; 68) e; 69) a; 70) b;
      71) c; 72) e. 73) a 74) c; 75) a; 76) b; 77) a; 78) c; 79) e; 80) b;
      81) d; 82) a; 83) a; 84) e; 85) e; 86) e; 87) a; 88) a; 89) b; 90) d;
      91) c; 92) a. 93) e; 94) d; 95) d; 96) b; 97) c; 98) d: 99) d: 100) a


      1. World Trade Organization's (WTO) 9th Ministerial Conference is to be held in December, 2013. Where is it to be held?
      a) Bali, Indonesia
      b) Cancun, Mexico
      c) Geneva, Switzerland
      d) Hongkong
      e) None of the above

      2. In August, 2013, Govt of India set up a 7 member panel to revisit Tax laws and to recommend measures for a stable tax administration. Who heads the panel?
      a) Naina Lal Kidwai
      b) Bimal Jalan
      c) Parthasarathi Shome
      d) Dr Y V Reddy
      e) None of the above

      3. Which of the following is NOT a Direct Tax?
      a) Income Tax
      b) Corporation Tax
      c) Property Tax
      d) Gift Tax
      e) Service Tax

      4. Open Market Operations are carried out by RBI to
      a) Lend money to State Governments
      b) Shore up the Rupee value
      c) Adjust Market Liquidity and thereby controlling money supply
      d) To bring down Gold prices
      e) None of the above.

      5. 'Laissez-faire' in economic parlance means
      a)Totally controlled market
      b) Completely free market
      c) Capitalistic market
      d) Monopolistic market
      e) None of the above

      6. What is a Debt Fund?
      a) Mutual Fund that invests in Fixed Income Securities like Bonds & Treasury bills
      b) Mutual Fund that invests only in Shares and Equities
      c) Mutual Fund that invests only in Infrastructure Bonds
      d) Mutual Fund that invests only in long term Deposits
      e) None of the above

      7. Find the 'odd man out' of the following.
      a) Certificate of Deposit
      b) Term Deposit
      c) Savings Bank Deposit
      d) Commercial Paper
      e) Capital Gains Deposit

      8. What is NOT true with regard to TDS (Tax Deducted at Source) on Interest on Bank
      Deposits for the Financial Year 2013-14?
      a) TDS is done when interest on all the FDs of a Customer crosses Rs. 10000/- per year
      b) TDS is not done for interest on Tax Saving FDs
      c) TDS is done at the rate of 10% on the total Interest
      d) TDS is not done on interest from Savings Bank Accounts
      e) None of the above

      9. Current Foreign Trade Policy (Exim Policy) covers the period
      b) 2012-17
      c) 2010-15
      d) 2011-16
      e) 2009-14

      10. Ben Bernanke is the Chairman of USA's Central Bank, 'Federal Reserve'. Who will
      succeed him?
      a) Janet Yellen
      b) Christine Lagarde
      c) Oliver Kahn
      d) John Kerry
      e) None of the above

      11. While Indian Railways is the largest Public Sector Employer in India, who is the largest Private Sector Employer in India?
      a) Reliance Industries
      b) Infosys
      c) Wipro
      d) TCS
      e) None of the above

      12. Which State in India has the highest Per Capita Income?
      a) Goa
      b) Punjab
      c) Karnataka
      d) Tamilnadu
      e) Haryana

      13. As per the latest Companies Act, what is the minimum number of member's required
      to form a Public Limited Company?
      a) 1
      b) 50
      c) 7
      d) 2
      e) 10

      14. Regional Rural Banks(RRBs) are owned by
      a) Only RBI and Sponsor Bank
      b) Only Govt of India and Sponsor Bank
      c) Only Sponsor Bank, Govt of India and State Government concerned
      d) Only Sponsor Bank and State Government concerned
      e) None of the above

      15. Davos in Switzerland is famous for Annual meeting of World Business leaders,Politicians and thought leaders. Which organization conducts this meeting?
      a) World Economic Forum - A Swiss Non-profit Foundation
      b) World Bank
      c) International Monetary Fund
      d) World Trade Organization
      e) None of the above

      16. What is 'Deficit Financing'?
      a) Lending of money by Banks to companies with losses
      b) Practice in which a government spends more money than it receives as revenue
      c) Lending of money by RBI to State Governments
      d) Lending of money by World Bank to Poor countries
      e) None of the above

      17. Who is the author of 'Das Kapital' which is a critical analysis of Political Economy?
      a) Maxim Gorky
      b) Karl Marx
      c) Leo Tolstoy
      d) Amartya Sen
      e) None of the above

      18. The 'Bharatiya Mahila Bank' the first nationalised bank for women will have a Seed
      Capital of Rupees
      a)500 Crores
      b) 5000 Crores
      c) 100 Crores
      d) 1000 Crores
      e) None of the above

      19. JNNURM (Jawaharlal Nehru National Urban Renewal Mission) is a Govt. of India
      scheme for?
      a) Urban Employment
      b) Urban Finance
      c) Urban Education
      d) Urban Development & Modernization
      e) 'a', 'b' & 'c' of the above

      20. Which Country is the largest producer of Wheat in the world?
      a) India
      b) USA
      c) Peoples Republic of China
      d) Russia
      e) None of the above

      21. The first NBFC (Non Banking Financial Company) to be converted into a Bank in
      India is
      a)Kotak Mahendra Finance Ltd. in 2003
      b) Reliance Finance Ltd. in 2005
      c) L&T Finance Ltd. in 2008
      d) Shriram Finance Ltd. in 2006
      e) None of the above

      22. What is 'Operation Flood'?
      a) Flood Control Program of Govt. of India
      b) River Linking Project of Govt. of India
      c) Dairy Development Project of NDDB(National Dairy Development Board)
      d) Irrigation Development Plan of Govt. of India
      e) None of the above

      23. What is the Target set for Farm Credit in Union Budget for 2013-14?
      a) Rs 7,00,000 Crore
      b) Rs 5,00,000 Crore
      c) Rs 5,75,000 Crore
      d) Rs 3,00,000 Crore
      e) None of the above

      24. What is 'Financial Inclusion'?
      a) Delivery of Banking Services at affordable cost
      b) Providing Banking Services to the vast sections of disadvantaged and low income
      c) Availability of Banking and payment services to entire population without
      d) All the 3 above
      e) None of the above

      25. How much amount is earmarked approximately for capital infusion in to Public Sector
      Banks in FY 2013-14?
      a) Rs. 14,000 Crores
      b) Rs. 10,000 Crores
      c) Rs. 20,000 Crores
      d) Rs. 18,000 Crores
      e) None of the above

      26. The threshold for cash transactions to be monitored by Banks as per RBI guidelines isa)
      Rs. 50 Lakh
      b) Rs. 10 Lakh
      c) Rs. 5 Lackh
      d) Rs.50,000
      e)Rs. 25,000

      27. On 10th October, 2013 a group member organisation of the World Bank has launched
      Bonds worth US $ 1 billion linked to Rupee for boosting investments in India. Name
      this organization.
      a) International Monetary Fund (IMF)
      b) International Finance Corporation (IFC)
      c) Asian Development Bank (ADB)
      d) United Nations Development Programme (UNDP)
      e) None of the above

      28. National Bank for Agriculture and Rural Development (NABARD) is established in
      July, 1982 as per recommendations of Committee headed by
      b) Saraf
      c) Rangarajan
      d) Sivaraman
      e) Bimal Jalan

      29. What is the name of the trade Association of IT & BPO companies in India?
      a) NASSCOM
      b) FICCI
      c) CII
      d) AIMA
      e) ASSOCHAM

      30. Name the Bank which has recently announced 'eKYC' facility to open Savings and
      Loan accounts based on just Aadhar and Finger prints scan for New Customers.
      a) HDFC Bank
      b) SBI
      c) Axis Bank
      d) IDBI Bank
      e) Punjab National Bank

      31. RBI guidelines require Banks to roll out more secured 'Chip+ PIN' Debit/Credit cards
      to their customers. What is the deadline set by RBI for this?
      a) November 30th, 2013
      b) December 31st, 2013
      c) March 31st, 2014
      d) September 30th, 2013
      e) None of the above

      32. Which Sector contributed maximum to GDP of India as per Economic Survey 2012-13?
      a) Industrial
      b) Services
      c) Agriculture
      d) Infrastructure
      e) None

      33. What is 'Employee Attrition'?
      a) Employees filing suits against their Employers
      b) Employees filing suits against each other
      c) Employees striking work
      d) Employer loosing Employees through resignation/retirement/retrenchment
      e) None of the above

      34. Rs. 2058 Crore Jet-Etihad deal is the largest Foreign investment in Indian Aviation
      Sector so far. Where is the Etihad headquarters is located?
      a) Dubai
      b) Muscat, Oman
      c) Kuwait
      d) Singapore
      e) Abu Dhabi

      35. Which company is the World's largest Steel manufacturer?
      a) Nippon Steel, Japan
      b) Arcelor Mittal, Luxemborg
      c) POSCO, South Korea
      d) Tata Steel, India
      e) None of the above

      1) a 2) c 3) e 4) c 5) b 6) a 7) d 8) e 9) e 10) a
      11) d 12) a 13) c 14) c 15) a 16) b 17) b 18) d 19) d 20) c
      21) a 22) c 23) a 24) d 25) a 26) b 27) b 28) d 29) a 30) c
      31) a 32) b 33) d 34) e 35) b 

      Baroda Rajasthan Kshetriya Gramin Bank Recruitment of Various Posts

      Baroda Rajasthan Kshetriya Gramin Bank invites applications from Indian Citizens for Officer grade Office-Assistant (Multipurpose) who have been declared qualified at CWE-II for RRBs conducted by IBPS during September/ October 2013 :

      • Officer JM Scale-I : 175 posts (UR-89, SC-26, ST-13, OBC-47) (PWD-5), Pay Scale : Rs. 14500 - 25700, Age : 18-28 years

      • Office Assistants (Multipurpose) : 136 posts (UR-69, SC-23, ST-17, OBC-27) (PWD-4), Pay Scale : Rs.7200-19300, Age : 18-28 years
      Application fee 
      Rs.100/- paid (Rs.20/- for  SC/ST/PH) by a Challan form available at BRKGB website to be deposite in any branch of Baroda Rajasthan Kshetriya Gramin Bank. 

      How to Apply : 
      Application is to be submitted online only at the BRKGB website from 01/08/2014 to 19/08/2014

      Please visit   for details, challan form and online submission of application.

      Wednesday, July 23, 2014

      State Bank of India (SBI) Recruitment of 300 Special Management Executive (Banking) Posts

      Applications are invited for the following posts:
      1. Special Management Executive (Banking) - MMGS III: 165 Posts
      2. Special Management Executive (Banking) - MMGS II: 135 Posts
      : CA/ ICWA/ ACS/ MBA/ MMS/ PGDBA/ PGPM/ PGDM. (The course should be of 2 years full time duration. Courses completed through correspondence/ part-time are not eligible. The institute should be recognised/ approved by Govt., Govt. bodies/ AICTE). 

      Applications Fee: Rs. 100/- for SC/ ST candidates and Rs. 500/- for General and others candidates. 

      Selection Procedure: Selection of candidates will be on the basis of examination, group discussion and interview.

      Phase I: Online examination consisting objective test for 200 marks and descriptive test for 50 marks. Both the tests will be online. Candidates will be required to answer their descriptive test also online.

      Test pattern:
      Objective Test: Online
      Sl. No.
      Test Details
      No of Questions
      Banking Knowledge
      120 Minutes
      Data Interpretation & Analysis
      General Awareness
      Descriptive Test: Online
      English Language Test: (Letter Writing & Essay)
      75 Minutes

      Phase II: Group Discussion (20 Marks) & Interview (30) Marks.

      How to Apply: Candidates can apply online only. 

      Important Dates:
      • Opening date of online registration 24-July-2014
      • Closing date of online registration 11-Aug-2014
      • Payment of fee (Online): 24-July-2014 to 11-Aug-2014
      • Payment of fee (Offline): 26-July-2014 to 13-Aug-2014
      • Date of written examination 19-Sept-2014

      For more details, please visit:

      Wednesday, July 16, 2014

      Indian Bank Recruitment of 251 Specialist Officers Posts

      Applications are invited for the following posts:
      Specialist Officers:
      1. Assistant Manager (Industry): 67 PostsQualification: BE/ B.Tech. degree in Electrical and Electronics/ Textile/ Chemical/ Mechanical Engineering/ Production Engineering degree (Graduation) with first class or equivalent CGPA.
      2. Manager (Specialized Verticals – Credit, Risk, HR & Marketing): 90 Posts
        Qualification: Two years full time regular Postgraduate diploma/ degree in Management from reputed institutions like IIMs or XLRI etc. or Certified Financial Analyst.
      3. Manager (Treasury/ Financial Products/ Financial Services): 40 Posts
        Qualification: Two years full time regular Postgraduate qualification in Management (Banking & Financial Service/ Banking Management/ Banking Technology) or Certified Financial Analyst.
      4. Manager (Planning & Economist): 18 Posts
        Qualification: Two years full time regular Post graduation in Economics (Mathematic and Statistics) or Econometrics or M.Sc. (Statistics). 
      5. Manager (Security): 11 Posts
        Qualification: Graduation. 
      6. Manager (Cost Accountant): 02 Posts
        Qualification: Qualified Cost Accountant from the Institute of Cost Accountants of India. 
      7. Manager (Corporate Communications): 02 Posts
        Qualification: Two years full time regular Master degree in Journalism/ Mass Communication with first class or equivalent CGPA. 
      8. Senior Manager (Treasury): 04 Posts
        Qualification: Post Graduation or MBA from reputed institutions or Chartered Accountant or Cost of Accountant or Certified Financial Analyst.
      9. Senior Manager (Risk Management): 03 Posts
        Qualification: Charted Accountant or Certified Financial Analyst or MBA degree (Finance) with Risk Management as a subject. Preference will be given to FRM/ PRM.
      10. Chief Manager (Credit): 10 Posts
        Qualification: Bachelors degree in the relevant discipline and Qualified Chartered Accountant/ MBA Finance/ PGDBM/ PGDBA. Or Certified Financial Analyst. 
      11. Chief Manager (Economist): 02 Posts
        Qualification: Masters degree in Economics/ Econometrics. Preference will be given to candidates with M.Phil./ PhD. 
      12. Chief Manager (Chartered Accountant): 01 Post
        Qualification: Bachelors degree in the relevant discipline and Qualified Chartered Accountant from institute of Chartered Accountants of India.
      13. Chief Manager (Risk Management): 01 Post
        Qualification: Chartered Accountant or Certified Financial Analyst or MBA degree (Finance) with Risk Management as a subject.
      Application Fee: Rs. 50/- (Postal charges) for SC/ ST/ PWD candidates and Rs. 550/- for all other candidates.

      How to Apply: Candidates can apply online only. 

      Important Dates:
      • Opening date of online registration 16-July-2014
      • Closing date of online registration 30-July-2014
      For more details, please visit 

      Wednesday, July 2, 2014

      Bank of Baroda Recruitment of 300 Probationary Officers Posts

      Applications are invited for the following posts.
      Probationary Officers: 300 Posts
      Degree (Graduation) with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification as such recognised by Central Government.

      Age (As on 16/07/2014): 28 years

      Application Fees: Rs. 50/- for SC/ ST/ PWD candidates and Rs. 550/- for all others candidates.

      How to Apply: Candidates can apply online only.

      Important Dates:
      • Last date for online registration 16-July-2014
      • Download of call letter for examination from 04-Aug-2014
      • Date of Examination (Tentative) 14-Aug-2014
      For more details, please visit:

      IDBI Bank Recruitment of 500 Assistant Manager Grade A Posts

      The Bank invites applications from young, dynamic graduates for admissions in IDBI Manipal School of Banking, Bangalore for 1 year Postgraduate Diploma in Banking and Finance (PGDBF).
      Assistant Manager Grade "A": 500 Posts
      Graduation from a recognised university.

      Application Fee: Rs. 100/- for SC/ ST/ PWD candidates and Rs. 600/- for all others candidates.

      How to Apply: Candidates can apply online only.

      Important Dates:
      • Closing date of online registration 12-July-2014
      • Date of Written Test at all centers 22-Aug-2014

      Small Industries Development Bank of India (SIDBI) Recruitment of Various Posts

      SIDBI invites applications from eligible candidates for the following posts:
      1. Economist: 02 Posts
       Postgraduate in Economics with specialization in Monetary Economics/ Financial Economics/ Development Economics/ Public Finance & Econometrics Preference will be given to qualification related to MSME or any other relevant area of operation of SIDBI as may be deemed fit by SIDB.

      2. Tax Consultant: 01 Post
      Qualification: CA with LL.B.

      How to Apply: Duly filled in application (in English or Hindi), as per the format available on the Bank’s website with a recent passport size photograph pasted thereon, bearing full signature of the candidate across the same with date, should be sent so as to reach the Country Head, Human Resources Vertical (HRV), Small Industries Development Bank of India, SME Development Centre, Plot No. C-11, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051.

      Last Date: 25-July-2014

      For more details, please visit: