GENERAL AWARENESS PRACTICE MCQs FOR SBI ASSISTANTS EXAM

1. Asian Development Bank (ADB) was established in ......
1) 1966
2) 1945
3) 1969
4) 1984
5) 1921

2. ADB headquarters located in ......
1) Philippines
2) USA
3) UK
4) Switzerland
5) France

3. President of ADB is ......
1) Takehiko Nakao
2) Jim Yong Kim
3) Christine Legarde
4) Ban Ki Moon
5) None

4. India and Asian Development Bank (ADB) signed an agreement for $300 million loan to improve road connectivity in the state of?
1) Uttar Pradesh
2) AP
3) Odisha
4) Chhattisgarh
5) Jharkhand

5. Which bank for the first time in its history, to offload around Rs.5,000 cr of its Rs.67,799 cr assets to asset reconstruction companies (ARCs) recently?
1) Punjab National Bank
2) Union Bank of India
3) State Bank of India
4) Canara Bank
5) None

6. State Bank of India (SBI) on 7 March 2014, proposed to offer share purchase scheme for all its employees to raise additional equity capital of ......
1) Rs.500 - 600 cr
2) Rs.7,600 - 9200 cr
3) Rs.700 - 900 cr
4) Rs.800 -1,200 cr
5) Rs.100 - 300 cr

7. Under provisions of the Banking Regulation Act 1949, it is required that a bank required to transfer not less than ....... percent out of the balance of profit of each year to the Reserve Fund Created?
1) 20
2)15
3)10
4) 8
5) 30

8. Public Sector Banks require up to ...... rupees in core capital by Mar 2018, as they migrate to the capital intensive Basel-III framework as per the RBI report on 11 May 2014?
1) 5.8 trillion
2) 1.2 trillion
3) 9.2 trillion
4) 11.5 trillion
5) None

9. On 26 May 2014, which financial regulator said it’s permission is necessary for any take over or acquisition or control of an NBFC (Non-Banking Finance Company).
1) SEBI
2) IRDA
3) NRBI
4) SBI
5) RBI

10. To regulate payments in India, Payment and Settlement Systems Act passed in .....
1) 2000
2) 2005
3) 2011
4) 1999
5) 2007

11. ...... High Court in India on 2 April 2014, restored the power of the Reserve Bank of India to decide the period after which the bad loan can be called as a Non-Performing Asset (NPA)?
1) AP
2) Tamil nadu
3) Gujarat
4) Assam
5) None

12. The RBI permitted bank branches abroad to sell structured products that are not specifically permitted in the domestic market. Which of the following statements is correct in this context?
1) Banks can offer such products in foreign branches in compliance with the host country regulations.
2) Banks are allowed to do so only at the established financial centers outside India like New York, Singapore, Hong Kong, Frankfurt, Dubai etc.
3) For other than established financial centers, banks may offer only those products that are specifically permitted in India.
4) RBI review the above guidelines from time to time
5) All of above

13. Recommendations headed by the expert committee headed by P.J. Nayak to review the governance of Boards of Banks given. Locate the wrong answer?
1) Government should reduce its holding in public sector banks to below 50 percent.
2) Government should repeal the Bank Nationalization Acts together with the SBI Act and the SBI (Subsidiary Banks) Act.
3) RBI should loose its control over foreign banks and handover the authority to EXIM Bank.
4) All of above
5) None

14. On 20 May 2014, Indian Stock Market entered ........... trillion dollar club?
1) two
2) three
3) four
4) five
5) one

15. Hindustan Motors halted the production of India’s iconic car .......
1) Alto
2) Bolero
3) Ambassador
4) Winner
5) Swift

16. World Trade Organisation (WTO) projected that the world trade grow by ...... percent in 2014?
1) 2.8
2) 3.5
3) 4.7
4) 5.5
5) 6.0

17. Ryder Cup belongs to .....
1) Volley Ball
2) Foot Ball
3) Golf
4) Weight Lifting
5) Table Tennis

18. On 1 June 2014, Yogeshwar Dutt and Sushil Kumar won Gold and Silver medals at the International tournament held in Sassari City of Italy. Both players belong to which game/ sport?
1) Chess
2) Squash
3) Foot Ball
4) Boxing
5) Wrestling

19. Maria Sharapova won French Open 2014. She belongs to .......
1) France
2) Germany
3) Russia
4) Romania
5) USA

20. e-clearance mechanism is the first in a series of online approvals that the government proposes to put in place on 6 June 2014. The mechanism to be introduced by ........
1) Minister of Home Affairs
2) Minister for Urban Development
3) Minister for External Affairs
4) Minister for Civil Aviation
5) Minister for Environment and Forest Affairs

21. For the first time in the country’s history Shompens, considered one of the last surviving stone-age tribes, cast their votes in recently held parliamentary elections. This tribe is inhabited in which of the following islands?
1) Great Nicobar
2) Wheeler Island
3) Lakshadweep
4) Butcher Island
5) Barren Island

22. President of India on 12 May 2014, had given his assent to ........
1) Whistleblowers Protection Act, 2011
2) Whistleblowers Rights Act, 2011
3) Whistleblowers Protection Act, 2014
4) Whistleblowers Protection Act, 2012
5) None

23. Donna Tartt has won Fiction Pulitzer for which of the following books?
1) The Little Friend
2) Dark Places
3) Gone Girl
4) Goldfinch
5) The Secret History

24. Kamal Haasan led the Indian delegation at the 67th Cannes International Film Festival from 14 May 2014. Where is Cannes?
1) France
2) Switzerland
3) Italy
4) Germany
5) None

25. Winter Sleep won the Palme d'Or award, the festival's highest honour at .......
1) Oscar Film Festival
2) Berlin Film Festival
3) Cannes Film Festival
4) Oslo Film Festival
5) None

26. Who was given additional charge of the Ministries of Rural Development, Panchayati Raj and Drinking Water and Sanitation on the eve of death of Gopinath Munde on 4 June 2014?
1) Sadananda Gowda
2) Uma Bharathi
3) Nithin Gadkari
4) Najma Hepthulla
5) Ram Vilas Paswan

27. Protem-Speaker of 16th Loksabha is .....
1) Kamalnath
2) Sumitra Mahajan
3) Gopinath Munde
4) L.K. Advani
5) Sushma Swaraj

28. Former Chief of the Air Staff Norman Anil Kumar Browne has been appointed as India's next Ambassador to which of the following countries recently?
1) Norway
2) UK
3) Spain
4) France
5) None

29. Who was appointed as the Chairman of the Cauvery Water Disputes Tribunal (CWDT) succeeding Justice NP Singh 14 May 2014?
1) Justice Mukul Mudgal
2) Justice K.G. Balakrishnan
3) Justice B.S. Chauhan
4) Justice Swatantra Kumar
5) None

30. 2014 Bailey's Women's Prize for Fiction won by Eimear McBride for her first novel 'A Girl is a Half-Formed Thing' on 4 June 2014. She belongs to .....
1) USA
2) Ireland
3) India
4) Norway
5) Bulgeria

31. 2 States, 3 Mistakes of My life, One Night @ The Call Center, Five Point Some One written by .......
1) R.K. Narayan
2) Chetan Bhagat
3) Sarojini Naidu
4) APJ Abdul Kalam
5) None

32. Theme of 2014 Environment Day is 'Small Island Developing States and Climate Change', and the official slogan is 'Raise Your Voice, Not the Sea Level'. Environment Day celebrates on ......
1) 1 June
2) 2 June
3) 3 June
4) 4 June
5) 5 June

33. International Day for Biological Diversity observed on ......
1) 22 January
2) 22 March
3) 22 April
4) 22 May
5) 22 June

34. USSD stands for .......
1) Unstructured Supplementary Service Data
2) Universal Supplementary Service Data
3) Unstructured Standard Service Data
4) Unstructured Supplementary Service Dairy
5) Unstructured Supplementary Stolen Data

35. IFRS means for .......
1) Indian Financial Reporting Standard
2) International Financial Reporting Scroll
3) International Favor Reporting Standard
4) International Financial Reporting Standard
5) None

36. Who set up $1.6 billion fund to support maritime Silk Road development?
1) Japan
2) Russia
3) China
4) Norway
5) India

37. Indian Navy and Singapore Navy started Navy drill in Andaman Sea on 22 May 2014. It is .......
1) Tropex
2) Malbar
3) Peace Angel
4) SIMBEX 14
5)None

38. Hosni Mubarak was punished for 3 years recently. He was the ex-president of?
1) Italy
2) France
3) Egypt
4) Iraq
5) None

39. Egypt Capital is Cairo. The currency of Egypt is Egyptian ......
1) Dollar
2) Rupee
3) Ruble
4) Dinar
5) Pound

40. ......... became the youngest woman to climb Mount Everest?
1) Premalath Agarwal
2) Malavath Poorna
3) Priyadarsini Agarwal
4) Kiran Mazumdar
5) None

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

Pandyan Grama Bank Recruitment of 102 Office Assistant (Multipurpose) Posts

Pandyan Grama Bank invites applications for the post of Office Assistant (Multipurpose) for those who have qualified the Online CWE for RRBs conducted by IBPS during September/ October 2013. 

Office Assistant (Multipurpose): 102 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, 2013 released by IBPS and posted on the IBPS’s website: www.ibps.in. 

Language Proficiency: The candidates are required to possess proficiency in the local language of the Tamil Nadu State i.e. TAMIL. For ensuring proficiency in local language, the candidate should have local language at 10th Std level.

Application Fee: Rs. 20/- for SC/ ST/ PWD/ EXSM candidates and Rs.100/- for all others candidates.

How to Apply: Candidates can apply online only.

Last Date: 14/07/2014

For more details, please visit: 
http://www.pandyangramabank.in/FINAL
%20ADVERTISEMENT%20-%20PGB%20-%2027.06.2014.pdf  

Vananchal Gramin Bank Recruitment of Various Posts

Vananchal Gramin Bank invites applications for the post of Officer in Middle Management Grade (Scale-III/II), Officer in Junior Management (Scale I) and Office Assistant (Multipurpose) for those who qualified the Common Written Examination for RRBs conducted by IBPS in September 2013.

1. Officer Scale-III: 02 Posts
   Qualification: Degree in any discipline from a recognised university or its equivalent with a minimum of 50% marks in aggregate. Preference will be given to the candidates having degree/ diploma in Banking, Finance, Marketing, Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Co-operation, Information Technology, Management, Law, Economics and Accountancy.
2. Officer Scale-II (General Banking Officer): 02 Posts
   Qualification: Degree in any discipline from a recognised university or its equivalent with a minimum of 50% marks in aggregate. Preference will be given to the candidates having degree in Banking, Finance, Marketing, Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Cooperation, Information Technology, Management, Law, Economics and Accountancy.
3. Officer Scale-II (Treasury Manager): 01 Post
   Qualification: Certified Associate ship (CA) from Institute of Chartered Accountants of India or MBA in Finance from a recognised university/ institution.
4. Officer Scale-II (Marketing Officer): 02 Posts
   Qualification: MBA in Marketing from a recognised university.
5. fficer Scale-II (Agricultural Officer): 02 Posts
   Qualification:Degree in Agriculture/ Horticulture/ Dairy/ Animal Husbandry/ Forestry/ Veterinary Science/ Agricultural Engineering/Pisciculture from a recognised university or its equivalent with a minimum of 50% marks in aggregate.
6. Officer Scale-I: 35 Posts
   Qualification: i). Degree in any discipline from a recognised university or its equivalent Preference will be given to the candidates having degree in Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Cooperation, Information Technology, Management, Law, Economics and Accountancy; ii). Proficiency in local language. iii). Computer knowledge or awareness will be an added qualification.
7. Office Assistant (Multipurpose): 40 Posts
   Qualification: Degree in any discipline from a recognised university or its equivalent. i). Proficiency in local language. ii). Knowledge of Computer skills.

Fee: Rs. 20/- for SC/ ST/ PWD candidates and Rs.100/- for all others candidates.

Important Dates:

• Opening date for online registration 26/06/2014
• Last date for online registration 11/07/2014

For more details, please visit: http://www.vananchalgraminbank.com/rect.shtml 

Puduvai Bharathiar Grama Bank Recruitment of Various Posts

Puduvai Bharathiar Grama Bank invites applications for the post of Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) for those who have qualified at the On-line CWE for RRBs conducted by IBPS during September/ October 2013.

1. Officer Scale-I (Junior Management): 08 Posts 2. Office Assistant (Multipurpose): 05 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, 2013 released by IBPS and posted on the IBPS’s website www.ibps.in. Application Fee: Rs.100/- for all others and Rs. 20/- for SC/ ST/ PWD candidates. How to Apply: Candidates can apply online only. Last Date: 11/07/2014 For more details, please visit: http://www.puduvaibharathiargramabank.in:81/pdfs/pb_Round2_adv.pdf

IBPS - Regional Rural Banks Recruitment of Officers Posts

The online CWE for RRBs (RRBs- CWE-III) for recruitment of Group "A" Officers (Scale-I, II & III) and Group "B" Officer Assistants (Multipurpose) will be conducted online by the Institute of Banking Personnel Selection (IBPS) tentatively in September 2014.

1. Office Assistant (Multipurpose):
   Qualification: Degree in any discipline from a recognised university or its equivalent. i). Proficiency in local language. ii). Knowledge of computer skills.
2. Officer Scale-I:
   Qualification: i). Degree in any discipline from a recognised university or its equivalent. Preference will be given to the candidates having degree in Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Cooperation, Information Technology, Management, Law, Economics and Accountancy; vii). Proficiency in local language. iii). Computer knowledge or awareness will be an added qualification.
3. Officer Scale-II (General Banking Officer):
   Qualification: Degree in any discipline from a recognised university or its equivalent with a minimum of 50% marks in aggregate. Preference will be given to the candidates having degree in Banking, Finance, Marketing, Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Cooperation, Information Technology, Management, Law, Economics and Accountancy.
4. Officer Scale-II (Specialist Officers):
   1) Information Technology Officer
   Qualification: Degree from a recognised university in Electronics/ Communication/ Computer Science/ Information Technology or its equivalent with a minimum of 50% marks in aggregate.
   2) Chartered Accountant
   Qualification: Certified Associate (CA) from Institute of Chartered Accountants of India
   3) Law Officer
   Qualification: Degree from a recognised university in Law or its equivalent with a minimum of 50% marks in aggregate.
   4) Treasury Manager
   Qualification: Certified Associate (CA) from Institute of Chartered Accountants of India or MBA in Finance from a recognised university/ institution.
   5) Marketing Officer
   Qualification: MBA in Marketing from a recognised university.
   6) Agricultural Officer
   Qualification: Degree in Agriculture/ Horticulture/ Dairy/ Animal Husbandry/ Forestry/ Veterinary Science/ Agricultural Engineering/ Pisciculture from a recognised university or its equivalent with a minimum of 50% marks in aggregate.
5. Officer Scale-III
   Qualification: Degree in any discipline from a recognised university or its equivalent with a minimum of 50% marks in aggregate. Preference will be given to the candidates having Degree/ Diploma in Banking, Finance, Marketing, Agriculture, Horticulture, Forestry, Animal Husbandry, Veterinary Science, Agricultural Engineering, Pisciculture, Agricultural Marketing and Co-operation, Information Technology, Management, Law, Economics and Accountancy.

Application Fees/ Intimation Charges:

• Officer (Scale I, II & III): Rs. 100/- for SC/ ST/ PWD candidates and Rs. 600/- for all others candidates.
• Office Assistant (Multipurpose): Rs. 100/- for SC/ ST/ PWD/ EXSM candidates and Rs. 600/- for all others.

How to Apply: Candidates can apply online only.

Important Dates:

• Opening date of online registration 18/06/2014
• Closing date of online registration 09/07/2014
• Tentative Dates for Pre Examination Training for Officer Scale-I 25/08/2014 to 30/08/2014
• Tentative Dates for Pre Examination Training for Office Assistant (Multipurpose) 01/09/2014 to 06/09/2014
• Tentative Date for- Online Examination for Officers 06/09/2014 Or 07/09/2014
• Tentative Date for- Online Examination for Office Assistant (Multipurpose) 13/09/2014 Or 14/09/2014 Or 20/09/2014 Or 21/09/2014
• Tentative Date for declaration of Results 05/11/ 2014

For more details, please visit:
http://ibps.in/career_pdf/CWE_Advertisement_RRBs_Phase_III.pdf 

Syndicate Bank Managerial Posts Recruitment

The Bank invites applications for the following lateral vacancies.

1. Deputy General Manager (Risk Management): 01 Post Qualification: Any postgraduate preferably Mathematics/ Statistics or Any CA, ICWAI or Any Engineering Graduate with FRM qualification or any PG/ Diploma course on Risk management CAIIB is desirable. 2. Deputy General Manager (Chief Economist): 01 Post Qualification: Doctorate or PG in Economics & MBA Finance– CAIIB desirable. 3. Deputy General Manager (Training): 01 Post Qualification: MBA, PhD in any area in HR. 4. Asst. General Manager (Information Technology): 01 Post Qualification: BE/ B.Tech. Additional qualifications such as CISA, CISM, CISSP, Project Management Certification, MBA-IT/ Systems, will be given preference/ weight age. 5. Asst. General Manager (Law): 01 Post Qualification: Postgraduate/ Graduate in Law. Qualification as a Company Secretary would be an added advantage. 6. Chief Manager (Corporate Communication): 01 Post Qualification: Degree in Mass Communication/ Journalism from a recognised university. Candidates with MBA qualification will be given preference. How to Apply: Eligible candidates can send application in prescribed format along with attested photo copies of the documents to the Dy. General Manager (P), Syndicate Bank, Personnel Department, Human Resource Development Division, Head Office, Manipal – 576114, Karnataka and send soft copy of application to the respective E-mail ID’s (refer notification). Last Date: 05/07/2014 For more details, please visit:  http://www.syndicatebank.in/downloads/recruitment/lateral_executives/ADVERTISEMENT.pdf

Syndicate Bank Openings for Deputy General Manager / Assistant General Manager / Chief Manager 2014

Syndicate Bank invites applications for the following posts.

Dy. General Manager
Number of Posts: 03
Qualification:Any Post Graduate preferably Mathematics / Statistics or Any CA, ICWAI or Any Engineering Graduate With FRM qualification or any PG/ Diploma course on Risk management CAIIB is desirable or MBA, PhD in any area in HR
Age Limit: 35-50 Years

Assistant General Manager
Number of Posts: 02 
Qualification: BE / B.Tech. Additional qualifications such as CISA, CISM, CISSP, Project Management Certification, MBA-IT/ Systems, will be given preference / weightage. or Post graduate/ graduate in Law. Qualification as a Company Secretary would be an added advantage.
Age Limit: 35-45 Years

Chief Manager 
Number of Post: 01 
Qualification: Degree in Mass Communication/ Journalism from a recognized University. Candidates with MBA qualification will be given preference.
Age Limit: 35-50 Years

Place of Work: Karnataka

How to Apply: Duly filled hard copy of the application with attested Xerox copies of the documents should reach The Dy. General Manager (P), Syndicate Bank, Personnel Department, Human Resource Development Division, Head Office, Manipal – 576 114, Karnataka on or before 05.07.2014.

Last Date to Apply: 5th July 2014

Contact Address: 
Syndicate Bank
Manipal, 576104, Karnataka
For more details, please visit: 
www.syndicatebank.in/downloads/recruitment/lateral_executives/ADVERTISEMENT.pdf   

Bharatiya Mahila Bank (BMB) Recruitment of 225 Officer Posts

Applications are invited for the following posts.

Chief Manager - Head of IT Strategy, Governance, Service Quality & Compliance: 01 Post Chief Manager - Head IT Security (CISO): 01 Post Chief Manager - (Head IT planning, Budgeting and Vendor Management): 01 Post Chief Manager - (Head IT Project Management): 01Post Chief Manager (Chief Economist): 01 Post Chief Manager (Human Resource Development): 01 Post Senior Manager - Legal: 01 Post Senior Manager - Civil Engineer: 01 Post Senior Manager Architect: 01 Post Senior Manager Forex Dealer: 02 Posts Senior Manager Agriculture/ Rural Development: 12 Posts Manager Official Language: 01 Post Manager - Security: 01 Post Manager Marketing & Business Development: 15 Posts Manager Credit: 05 Posts Senior Branch Manager: 60 Posts Manager - General Banking Operations: 120 Posts Application Fee: Rs. 600/- for GEN/ OBC/ Ex-Servicemen and Rs.100/- for SC/ ST/ PWD candidates. How to Apply: Candidates can apply online only. Last Date: 18/06/2014 For more details, please visit:bmb.co.in/data/documents/BMB-Lateral-Recruitment-advt._1.pdf

BANKING AWARENESS PRACTICE MCQs FOR BANK EXAMS

1. Which of the following is NOT a banking related term?
a) SWIFT
b) CAMELS
c) TRIPS
d) CAR
e) STRIPS

2. Which of the following is not a component of bank deposits?
a) Fixed deposit
b) Current A/c deposit
c) Recurring Deposit
d) Safe deposits
e) None of these

3. Which of the following taglines is NOT associated with the State Bank of India?
a) Pure banking, nothing else
b) The name you can bank upon
c) Nation Bank on us
d) Banker to every Indian
e) With you all the way

4. KYC Guidelines have been issued by RBI Under the provisions of?
a) Banking Regulation Act
b) RBI Act
c) Negotiable Instrument Act
d) Prevention of Money Laundering Act
e) None of these

5. In the context of banking sector, DRT is associated with?
a) Recurring
b) Loan recovery
c) Deposit insurance
d) Demand and time liabilities of banks
e) None of these

6. What is meant by a Scheduled Bank?
a) A Bank functioning under provisions of Banking Regulation Act, 1949
b) A Bank included in 2nd scheduled of RBI Act 1934
c) A Bank incorporated under banking companies Act, 1956
d) A Bank authorized to do Banking Functions
e) None of these

7. The issue of fresh securities by an unlisted company for the first time is called?
a) Exchange traded Fund
b) Initial Public Offering
c) Rights issue
d) Follow-on Public Offering
e) None of these

8. Fixed deposits are for the bank______
a) Fixed Assets
b) Time liability
c) Demand liability
d) Current Assets
e) None of these

9. Expanded form of the term CAGR?
a) Calculated Annual Growth Rate
b) Compounded Annual Growth Rate
c) Corresponding Annual Growth Rate
d) Corrected Annual Growth Rate
e) Comparative Annual Growth Rate

10. With reference to a cheque which of the following is a 'Drawee Bank'?
a) The Bank that collects the cheque
b) The endorsee's bank
c) The Payee's cheque
d) The endorser's bank
e) The bank upon which the cheque is drawn

11. What does letter 'A' denote in the term LAF?
a) Adequacy
b) Addition
c) Adjustment
d) Advance
e) Accreditation

12. The term 'BSR' refers to?
a) Banks Selling Rate
b) Basic Statistical Returns
c) Annual returns submitted by banks to RBI in respect of priority sector advances
d) Quarterly statement of advances to agriculture
e) None of the above

13. Which of the following is NOT considered a part of time and demand liabilities of the banks for the purpose of cash reserve ratio?
a) Paid-up capital
b) Fixed deposit
c) Savings deposit
d) Recurring deposit
e) None of these

14. ______ Rate is Controlled by the individual Banks?
a) Bank Rate
b) Base Rate
c) CRR
d) Repo Rate
e) SLR

15. What is the expanded form of ECS as used in banking sector?
a) Effective Clearing System
b) Electronic Confirmation System
c) Electronic Clearing System
d) Enabled Clearing System
e) None of these

16. Who becomes the first President of Administrative Tribunal of the Asian
Development Bank (ADB)?
a) Christine lagarde
b) Pascal lamey
c) Surin Pitsuwan
d) Lakshmi Swaminathan
e) Ashwini Chandran

17. Which of the following is NOT a mode of foreign capital inflow in India?
a) No-Frill Account
b) FDI
c) FII
d) NRI Account
e) None of these

18. Truncated Cheque means?
a) Shared Clearing
b) Cheques presented will be processed by the depositing branch itself
c) Physical movement of instruments from branch to clearing house
d) Movement of electronic image instead of physical movement of instruments
e) None of these

19. Which of the following assets can be mortgaged?
a) Stock
b) Book debts
c) National Saving Certificates
d) Shares
e) Land and Building

20. Fiscal Policy refers to?
a) Balance of Payments
b) Govt. taxes, expenditure and borrowings
c) Govt. borrowings from Equity Market
d) Sale and purchase of securities by RBI
e) None of these

ANSWERS:
 1. c; 2. d; 3. b; 4. a; 5. b; 6. b; 7. b; 8.
b; 9. b; 10. e; 11. c; 12. b; 13. a; 14. b; 15. c;
16. d; 17. a; 18. d; 19. e; 20. b.

Reserve Bank of India (RBI) Recruitment of 117 Officers in Grade 'B' Posts

Applications are invited for the post officers in Grade 'B' (General) in Reserve Bank of India from Indian citizens, citizens of Nepal and subjects of Bhutan, Tibetan refugees (who came over to India before 1st January 1962) and persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour eligibility certificates have been issued by Government of India.
Officers in Grade 'B' (General): 117 Posts
Qualifications: i). First class Bachelors degree with a minimum of 60% marks or an equivalent grade, in aggregate of all semesters/ years; OR ii). A Second Class Masters degree with minimum of 55% marks or an equivalent grade, in aggregate of all semesters/years; Or iii). A Doctorate degree with minimum of 50% marks or an equivalent grade, in aggregate of all semesters/ years in Masters degree. Or iv). Chartered/ Cost Accountant/ Company Secretary (ACS) with a Bachelors degree. Or v). Postgraduate diploma in Management/ MBA qualification from institutions recognised by Government of India/ University Grants Commission, with Graduation/ Bachelors degree.

 

Age limit: Applicant's are should be between 21 years to 30 years as on 1st April 2014

 

Application Fee: Rs. 400/- . No fee is payable by SC/ ST/ PWD candidates.

How to Apply: Candidates can apply online only.

Important Dates:

• Opening date of online registration 03/07/2014
• Closing date of online registration 23/07/2014

For more details, please visit: http://rbi.org.in/scripts/NotificationUser.aspx

Pallavan Grama Bank Recruitment of 106 Officer Scale-I & Office Assistant (Multipurpose) Posts

Pallavan Grama Bank invites applications for the post of Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) who have qualified at the Online CWE for RRBs conducted by IBPS during September/ October 2013. 

1. Officer Scale-I: 54 Posts
2. Office Assistant (Multipurpose): 52 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, 2013 released by IBPS and posted on the IBPS’s website: www.ibps.in. 

Application Fee: Rs. 20/- for SC/ ST/ PWD candidates and Rs.100/- for all others candidates.

How to Apply: Candidates can apply online only. 

Last Date: 10/06/2014

For more details, please visit: 
http://www.pallavangramabank.in/en/Downloads/Recruitment%20Notification%20II.pdf

Purvanchal Bank Recruitment of 570 Officer Scale-I & Office Assistant (Multipurpose) Posts

Purvanchal Bank invites applications for the post of Officer Scale-I and Office Assistant (Multipurpose) for those who qualified the Common Written Examination for RRBs conducted by IBPS in September/October- 2013.

1. Officer Scale-I: 151 Posts
2. Office Assistant (Multipurpose): 419 Posts

Eligibility: Eligibility criteria shall be considered as per RRBs CWE-II Advertisement published in Employment News/Rozgar Samachar Issue Dated 6th July – 12th July, 2013 released by IBPS and posted on the IBPS’s website www.ibps.in.

Application Fee: Rs. 20/- for SC/ ST/ PWD candidates and Rs.100/- for all others candidates.

How to Apply: Candidates can apply online only.

Important Dates:

• Opening date of online registration 30/05/2014
• Closing date of online registration 20/06/2014

For more details, please visit:pgbgorakhpur.com/Rect-2014/Advertisement_for_Recruitment.pdf 

Chhattisgarh Rajya Gramin BankRecruitment of Officer Scale I, II, III and Office Assistants

Applications are invited for the following posts.

Officer Scale III: 04 Posts Officer Scale II (General Banking Officer): 21 Posts Officer Scale-II (IT): 11 Posts Officer Scale-II (Law): 01 Post Officer Scale-II (Treasury Manager): 02 Posts Officer Scale I: 186 Posts Office Assistant (Multi Purpose): 342 Posts Qualification: Graduation in any discipline from recognised university. IBPS Conducted Online CWE Qualified with standard score. How to Apply: Candidates can apply online only. Last date: 05/06/2014 For more details, please visit: http://www.cgbank.in/cgbank/images/revisedad200514.pdf

Recruitment of Assistants in Clerical Cadre in State Bank of India

State Bank of India (SBI) has issued a recruitment notification for SBI Assistant in Clerical Cadre Vacancy 2014. The Bank is going to recruit 5092 vacancies of Assistant in Clerical Cadre. Last date of SBI Assistant in Clerical Cadre Recruitment 2014 Application Form submission is 14th June 2014. Eligible and interested applicants must read SBI Clerk Recruitment 2014 Notification carefully for more details before apply.

SBI Assistant in Clerical Cadre Vacancy 2014

SBI is a multinational banking and financial services company, established in India. Further information about SBI Clerk Vacancy 2014 is given here:

Bank Name: State Bank of India

Total Vacancies: 5092 Vacancies

Post Name: Assistant in Clerical Cadre

SBI Assistant in Clerical Cadre Vacancy 2014 Eligibility Criteria:

Educational Qualification:

• Applicants should have their Graduation degree or equivalent qualification from any recognized university.
• Final year or final semester graduates applicants also can apply for this vacancy.

Age Limit:

• Applicant’s age should be between 20 to 28 years as on 1st May 2014.
• Age relaxation will be applicable as per the government rules.

Application Fee:

• General and OBC applicants need to pay Rs 450/- as application fee (including intimation charges).
• SC/ST/PWD/Ex Serviceman need to pay Rs 100/- as intimation charges only.

SBI Clerk Recruitment 2014 Selection Procedure:

Eligible applicants will be selected on the basis of their performance in Online Test & Interview.

SBI Assistant in Clerical Cadre Vacancy 2014 Application Procedure:

SBI Assistant in Clerical Cadre Recruitment 2014 Application Form is available on official web portal. Applicants should fill their application and apply online for this vacancy before 14th June 2014.

Important Dates for SBI Clerk Recruitment 2014:

• Starting date of online application is 26th May 2014.
• Last date of online application is 14th June 2014.
• Starting date to payment of application fee is 28th May 2014.
• Last date to payment of application fee is 17th June 2014.
• Written Exam will be organized in July/August 2014.

SBI Assistant in Clerical Cadre Recruitment 2014  Notification Click Here

Apply BY Online

Bank of Maharashtra Recruitment of Specialist Officers Posts

Bank of Maharashtra invites online applications for the following posts of Specialist Officers in the field of Information Technology in various grades.

1. Networking Administrator: 02 Posts
   Qualifications: i). B.Tech. / BE in Computer Science/ Electronics/ Electronics & Telecommunications. (Minimum 55% marks in Aggregate for General candidates and minimum 50% for SC/ ST candidates). ii). Very strong fundamental knowledge in Networking including TCP/IP including DHCP and DNS, ISO/OSI Layer, and IEEE Standards is essential. iii). Experience in Installation, Administration & Managing CISCO Switches, Routers & Firewalls. iv). Hands on experience on Networking & Security products. v). Exposure to Structured Cabling systems, Fiber Optics, WAN, MPLS, VSAT. vi). Exposure to NMS like CA Unicenter, HP Open View.
2. Windows Administrator: 02 Posts
   Qualifications: B.Tech./ BE in Computer Science/ IT/ Electronics/ MCA/ M.Sc. Computer Science (Minimum 55% marks in Aggregate for General candidates and minimum 50% for SC/ ST candidates) Knowledge in Windows Administration, Maintenance with exposure to Windows Installation, Configuration, Patch Management, IIS/Website configuration, Backup/ Restore management, Windows scripts management, Active Directory services, Configure IP addressing, Access control, User Management, Group policy, FTP, SFTP setups, Scheduling of jobs, Remote access etc for Servers 2003,2008/Desktop PCs/ Laptops/ iPADs/ Mobiles etc is essential.
3. Oracle Data Base Administrator: 02 Posts
   Qualifications: B.Tech. / BE in Computer Science/ IT/ Electronics/ MCA/ M.Sc. Computer Science (Minimum 55% marks in Aggregate for General candidates and Minimum 50% for SC/ST candidates). Knowledge in Database Administration, Maintenance with exposure to ORACLE 9 or above is essential.
4. MSSQL Database Administrator: 02 Posts
   Qualifications: B.Tech / B.E in Computer Science/ IT/ Electronics/ MCA/ M.Sc. Computer Science [Minimum 55% Marks in Aggregate for General candidates and Minimum 50% for SC/ST Candidates]. Knowledge in Database Administration, Maintenance with exposure to MSSQL 2000, 2005, 2008 is essential.
5. Software Programmer: 02 Posts
   Qualifications: i). Graduates in Computer Science B.Sc. (Computer Science), BCA, B.Tech./ BE in Computer Science/ IT, M.Sc. (Computer Science), MCA [Minimum 55% marks in Aggregate for General candidates and Minimum 50% for SC/ ST candidates]. ii). Knowledge in MS SQL, Oracle, ASP, JSP, various .Net technologies, Visual Studio, Scripting languages, HTML, XHTML, XML, CSS, Java Servlet, ActiveX controls is essential. iii). A broad knowledge and understanding of multiple other languages is also required. iv). Candidates should be able to demonstrate and provide proofs for having done projects on any of the languages mentioned.
6. IT Support Administrator: 30 Posts
   Qualifications: B.Tech. / BE in Computer Science/ IT/ MCA/ MCS/ M.Sc. (Electronics/ Comp. Science) [Minimum 55% marks in Aggregate for General candidates and minimum 50% for SC/ ST candidates]. Knowledge of implementing, supporting, trouble shooting, vendor co-ordination, data conversion from Legacy systems to CBS Data environment, SLA management, and providing support / training to end users preferably in Core Banking environment.
7. Information Security Officer: 03 Posts
   Qualifications: B.Tech. / BE in Computer Science/ IT/ MCA/ MCS/ M.Sc. (Electronics/ Comp. Science) (Minimum 55% Marks in Aggregate for General candidates and Minimum 50% for SC/St Candidates).
8. People Soft Implementation Specialist: 02 Posts
   Qualifications: i). B.Tech./ BE in Computer Science/ IT/ MCA/ MCS/ M.Sc. (Electronics/ Comp. Science) [Minimum 55% marks in Aggregate for General candidates and minimum 50% for SC/ ST candidates. ii). Candidates should possess relevant certification in PeopleSoft Suite of Oracle in the areas of CRM, Online Marketing, Support & Helpdesk, and CRM Automation & Configuration.

Application Fee: Rs. 100/- for SC/ ST/ PWD (Intimation charges only) and Rs. 500/- for all others.

How to Apply: Candidates can apply online only.

Important Dates:

• Opening date for online registration on website 06/05/2014
• Closing date for online registration on website [including far-flung areas] 22/05/2014
• Tentative date of online test 06/07/2014

For more details, please visit: http://www.bankofmaharashtra.in/downdocs/FINAL-BOM
-ADVERTISEMENT-BM-2014-22-04.pdf  

Sarva Haryana Gramin Bank Recruitment of 175 Office Attendant (Multipurpose) Posts

Applications are invited for the following posts.

Office Attendant (Multipurpose): 175 Posts Qualification (As on 01/04/14): i). 10th Standard Pass. ii). Ex-servicemen, who have passed/ obtained the Indian Army matriculation Certificate or corresponding certificate equivalent to 10th Standard in the Navy or Air Force, after having completed not less than 15 years of service in Armed Forces as on 01.04.2014 of the Indian Union are also eligible for the post. Such candidates should have passed the language (Hindi) test from the concerned states. Age Limit (As on 01/04/2014): 18-28 years Application Fee: Rs. 50/- for SC/ Person with Disability candidates and Rs. 200/- for all others candidates. How to Apply: The completed application in the prescribed format along with all relevant documents should reach the Sarva Haryana Gramin Bank, Head Office, Opp. Bajrang Bhawan, Delhi Road, Rohtak–124001 (Haryana). Last Date: 20/05/2014 For more details, please visit:  http://www.hgb.co.in/other%20Files/Advertisement -Recruitment%20of%20Office%20Attendant%20%28Multipurpose%29.pdf

Union Bank of India Recruitment of Specialist Officer Posts

Applications are invited for the following posts:

Economist-II: 02 Posts Security Officer-I: 40 Posts Qualifications:Graduate degree in any discipline with 60% marks (55% for Reserved Category candidates-applicable to the posts reserved for them) from a university/ institution/ board recognised by Govt. of India/approved by Govt. Regulatory Bodies. And Postgraduate degree in Economics/ Econometrics with 55% marks (50% for Reserved Category candidates- applicable to the posts reserved for them) from a university/ institution/ board recognised by Govt. of India/ approved by Govt. Regulatory Bodies. And Certificate for having completed a Course in Computer Awareness and Office Automation for duration of minimum 60 hours from a reputed Computer Training Institute, which will be waived where 'Computers' is a part of the curriculum at the Graduation/ Post-Graduation Level. Application Fee (Non-Refundable): For General & OBC candidates Rs. 600/- and for all others 100/-. How to Apply: Candidates can apply online only. Important Dates: Opening date of online registration 21/04/2014 Closing date of online registration 05/05/2014 Tentative date of written examination (If conducted): Will be held in the month of June 2014 For more details, please visit: http://www.unionbankofindia.co.in/pdf/EnglishNotificationwebsiteRecruitment.pdf

State Bank of India Recruitment of Probationary Officers - 2014

Applications are invited from eligible Indian Citizens for appointment  as Probationary Officers (POs) in State Bank of India.

Vacancies: Total Vacancies for General: 1837 Total Vacancies for PWD: 60 Eligibility Criteria: (A) Academic Qualifications: Graduation in any discipline from a recognised  University or any equivalent qualification. Those who are in the Final  year of their Graduation/Semester may also apply. (B) Age Limit:21 - 30 years Application Fee: Rs.500/- (for SC/ST Rs.100/-) How to Apply: Online only Candidates will be required to register themselves online  through Bank's websitewww.statebankofindia.com , www.sbi.co.in . After registration  candidates are required to pay the requisite application fee through offline mode by  generating the cash voucher/ challan form (or) through online mode by using  debit /credit card / Internet Banking. Selection procedure: Selection procedure consists two Phases. Phase-I: Objective (200 marks) & Descriptive (50 marks) Tests Phase - II: Group Discussion (20 marks) & Interview (30 marks) Important Dates: Online Application starts from: 07.04.2014 Fee Payment - Online: 07.04.2014 to 25.04.2014 Fee Payment - Offline: 10.04.2014 to 28.04.2014 Website:http://www.sbi.co.in/webfiles/uploads/files/ SBI_PO_RECRUITMENT_ADVERTISEMENT _ENGLISH.pdf Scheme of Examination: The Objective Test will be online. Immediately after online Objective Test, Descriptive Test will be administered. The Objective Test with 2 hour duration consists of 4 Sections with 50 questions each as follows. a) Test of English Language (Grammar, Vocabulary, Comprehension etc.) b) Test of General Awareness, Marketing & Computers c) Test of Data Analysis & Interpretation d) Test of Reasoning (High Level) e) Descriptive Test Note: Descriptive Test paper of only those candidates will be evaluated who have scored qualifying marks in the Objective Tests. Number of Chances: Category Number of Chances General: 4 General (PWD): 7  OBC: 7 OBC (PWD): 7SC/SC (PWD)/ ST/ ST (PWD): No Restriction

Madhya Bihar Gramin Bank Recruitment of 281 Officer & Office Assistant (Multipurpose) Posts

Madhya Bihar Gramin Bank invites applications for the post of Officer in Middle Management Grade (Scale III), Officer in Middle Management Grade (Scale II), Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) for those who have been qualified at the online CWE for RRBs conducted by IBPS during September/ October 2013. 

1. Officer Scale-III: 01 Post
2. Officer Scale-II (General Banking Officer): 14 Posts
3. Officer Scale-I: 108 Posts
4. Office Assistant (Multipurpose): 158 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, 2013 released by IBPS and posted on the IBPS's website: www.ibps.in
• For Officer Scale-I and Office Assistant (Multipurpose): Candidates are required to possess proficiency in the Official Language of the State in which RRB is located and must have passed “local language” i.e. Hindi as one of the subjects at Matriculation/ Xth Standard.

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

How to Apply: Candidates can apply online only.

Important Dates:

• Opening date of online registration 27/03/2014
• Closing date of online registration 11/04/2014

For more details, please visit: 
http://mbgbpatna.com/home/imagebag/image52_1395744625.pdf

National Housing Bank (NHB) Recruitment of Assistant Manager (General)–Scale I

Applications are invited for the following posts:

Assistant Manager (General)–Scale I: 12 Posts Qualifications: Bachelors degree in any discipline minimum of 60% marks (55% in case of candidates belonging to SC/ ST) or Masters degree in any discipline with aggregate minimum of 55% marks (50% in case of candidates belonging to SC/ ST) or CA/ ICWA/ MBA with minimum 55% marks (50% in case of candidates belonging to SC/ ST). Age Limit (As on 31/12/2012): 28 years Application Fee: Rs. 500/- for General, OBC, Ex-Servicemen candidates and Rs. Rs. 50/- for SC/ ST& PWD candidates towards communication charge. How to Apply: Candidates can apply online only. Important Dates: Closing of Online Registration Gateway 02/04/2014 Date of online examination 05/05/2014 For more details, please visit: http://www.nhb.org.in