SBI, IBPS, RBI, Insurance and Other Bank Exam Preparation » SBI, IBPS, RBI, Insurance and Other Bank Exam Preparation

September 4, 2016    

http://ift.tt/29jYqWq Get all you need for Banking and Insurance Exam Preparation (IBPS PO, IBPS, LIC AAO) Sun, 04 Sep 2016 11:29:27 +0000 en-US hourly 1 http://ift.tt/2bVudvY http://ift.tt/2c5WDqz Sun, 04 Sep 2016 11:16:36 +0000 http://ift.tt/2bVs0Rh Dear Aspirants,

Today, RBI had conducted the Grade B Exam for the post of Officer The Exam will held in two slots the second slot was from 2 pm to 4 pm. The Examination consist of Objective Tests for 200 marks & was held in a online mode.

Most of you have appeared for the same. The review of today’s exam was shared by our readers, who have appeared in the exam held today. The overall level of today’s exam was of Moderate level. 

Pattern of RBI Grade B Exam Phase I

RBI Grade B Pattern

Here is the detail analysis of RBI Grade B Level 1 Exam – First Shift

I. English Language (Total 30 Qs) 

Level – Moderate

(i) Reading Comprehension – 2 passages (Moderate)

  • 1st passage (Economy based) 5 Questions
  • 2nd passage  (Global based)5 Questions

(ii) Cloze Test  – 10 Questions (Easy to Moderate)

(iii) Fillers – 5 Questions (Easy to Moderate)

(iv) Spotting Error – 5 Questions  (Easy)

II. Reasoning Ability (Total 60 Qs.) 

Level – Moderate

(i) Syllogism – 5 Questions

(ii) Seating Arrangement – 5 Questions

(iii) Puzzle – 10 Questions 

  • Days : Mon – Sun 
  • Floor based question
  • Company Based

(v) Input Output – 5 Questions

(vi) Data Sufficiency  – 5 Questions 

(vii) Inequality –5 Questions  

(viii) Coding Decoding – 5 Questions 

(ix) Blood Relation  – 2 Questions 

(x) Rest were Miscellaneous Questions 5 Questions

III. Quantitative Aptitude (Total 30 Qs)

Level – Tough

(i)  Number Series – 5 Questions (Find the wrong number) 

(ii)  Data Interpretation

  • Missing DI
  • Pie Chart

(iii)  Rest were Miscellaneous Questions

Miscellaneous Questions consist of questions from different topics such as – Profit loss, Average, SI & CI, Ratio & Proportion, Time & Work, Time, Speed & Distance, Boats & Streams, etc.

IV. General Awareness (Total 80 Qs.)

Level – Easy 

There were questions on the current affairs & Banking Awareness topics. This section also included questions on  books & authors, currencies, Important Places, Awards, Headquarters, Prime Ministers Schemes, Important Days  etc. Overall questions from this section were of moderate difficulty level.

  • Maximum GK questions asked from July and August month.
  • Approx 10 Questions asked from Static GK

Some Gk Questions Asked were –

1. IFSC 

2. NACH

3. Sania Mirza biography

4. Ringgit currency

Note:

As per the analysis the expected cutoff of RBI Grade B Exam 2015 Phase I will not go beyond 90 – 110 marks for general category.

All the Best!!

]]> http://ift.tt/2c5WinK 1 http://ift.tt/2bVsR4w http://ift.tt/2c5WovK Sun, 04 Sep 2016 10:30:39 +0000 http://ift.tt/2bVsZRu Dear Readers

As you all know, SBI PO exam is over and next most important exam in banking is IBPS PO which is going to held in the month of October.  We will start focusing on IBPS PO Mains 2016 Exam. Thus, we are providing you important Quiz on Reasoning which will help you to get a perfect score in the IBPS PO & Other Banking Exams.

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GradeUp is conducting a FREE mock test for IBPS PO and you can pre-register. The test is based on the latest exam pattern.

FREE SBI Mains Mock Test – 2

Thanks!!

]]> http://ift.tt/2c5WQtT 2 http://ift.tt/2bVtdYV http://ift.tt/2c5Wsvx Sun, 04 Sep 2016 09:30:08 +0000 http://ift.tt/2bVtcnP Dear Readers

As you all know, SBI PO exam is over and next most important exam in banking is IBPS PO which is going to held in month of October.  We will start focusing on IBPS PO Mains 2016 Exam. Thus, we are providing you important Quiz on Quantitative Aptitude which will help you to get a perfect score in the IBPS PO & Other Banking Exams.

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GradeUp is conducting a FREE mock test for IBPS PO and you can pre-register. The test is based on the latest exam pattern.

FREE SBI Mains Mock Test – 2

Thanks!!

]]> http://ift.tt/2c5Wl3c 3 http://ift.tt/2bVrT8n http://ift.tt/2c5WjYQ Sun, 04 Sep 2016 08:15:36 +0000 http://ift.tt/2bVrX8b Hello Everyone,

As you know, first slot of RBI Grade B Exam was already over. The level of the paper was Moderate. In this post we are sharing some General Awareness Questions which was asked in first slot of the exam held today.

General Awareness Questions

1.   Maputo is the capital of
2.   S.s ahluwalia constituency
3.  Mission bhagiratha – state
4.  Keibul Lamjao national park- state
5.  Andymurry – which sport
6. Lakhwar dam- yamuna- which state
7.  Ngultrum is currency of
8.  Green highways – state
9.  Fintech and digital – committee- sudersan send
10. Niti aàyog atal tinkering lab initiative statement of intent with- Intel India
11. Water metro- state
12. Courage and commitment author
13. Who changed my interest rates author
14. Sankat mochan -country
15. Capital complex heritage site- state
16. Maitree exercise b/w
17.  Given the name of the typhoon occurred in China and asked the country( I couldn’t recall it’s name but answer was China)
18. Question related to reverse repo
19. NDTL abbreviation
20. Contingents at Rio Olympics
21. Host country – 2016 Kabbaddi world cup
22. SIDBI Head quarter
23. ICJ HQ
24. Post payments bank initial corpus
25. Foreign share holdiñg limit raised from 5% to—-
26. National insurance Ltd HQ
27. Highest Sex ratio – state 2011 census
28. India: UAE related question answer is UAE
29. What is mobikwik
30. Question related to a committee head in IRDAI
31. World hepatitis day theme
32. India- Boeing (country)
33. Sum for recapitalization of 13 PSB s
34. TVSN prasad committee related to pellet guns
35. Commitee head to examine  new financial year – Shankar acharya
36. Mhow stadium is named after
37. Mission Indradhanush related to
38. Agricultural loan limit raised to
39. Federal bank branch HQ I India

Thanks

]]> http://ift.tt/2c5WKm0 10 http://ift.tt/2bVuP3e http://ift.tt/2bOHibH Sun, 04 Sep 2016 07:31:16 +0000 http://ift.tt/2bVuspo Dear Aspirants,

Today, RBI had conducted the Grade B Exam for the post of Officer The Exam will held in two slots the first slot was from 10 am to 12 pm. The Examination was consist of Objective Tests for 200 marks & was held in a online mode.

Most of you have appeared for the same. The review of today’s exam was shared by our readers, who have appeared in the exam held today. The overall level of today’s exam was of Moderate level. 

Pattern of RBI Grade B Exam Phase I

RBI Grade B Pattern

Here is the detail analysis of RBI Grade B Level 1 Exam – First Shift

I. English Language (Total 30 Qs) 

Level – Moderate

(i) Reading Comprehension – 2 passages (Moderate)

1st passage – 5 Questions

2nd passage – 5 Questions

(ii) Cloze Test  – 10 Questions (Easy to Moderate)

(iii) Fillers – 5 Questions (Easy to Moderate)

(iv) Spotting Error – 5 Questions  (Easy)

II. Reasoning Ability (Total 60 Qs.) 

Level – Moderate

(i) Syllogism – 5 Questions

(ii) Seating Arrangement – 5 Qs.

  • Row north n south with cities and different profession (surgeon,admission,pharmacy etc.)

(iii) Puzzle – 10 Questions 

  • Days : mon-sun with subjects
  • Floor ques with numbers(2,4,6,12..etc)

(v) Input Output – 5 Questions

(vi) Data Sufficiency  – 5 Questions 

(vii) Inequality –5 Questions  

(viii) Coding Decoding – 5 Questions 

(ix) Rest were Miscellaneous Questions 5 Questions

III. Quantitative Aptitude (Total 30 Qs)

Level – Moderate to Tough

(i)  Number Series – 5 Questions (Find the wrong number) 

(ii)  Data Interpretation

(iii)  Rest were Miscellaneous Questions

Miscellaneous Questions consist of questions from different topics such as – Profit loss, Average, SI & CI, Ratio & Proportion, Time & Work, Time, Speed & Distance, Boats & Streams, etc.

IV. General Awareness (Total 80 Qs.)

Level – Easy to Moderate

There were questions on the current affairs & Banking Awareness topics. This section also included questions on  books & authors, currencies, Important Places, Awards, Headquarters, Prime Ministers Schemes, Important Days  etc. Overall questions from this section were of moderate difficulty level.

  • Maximum GK questions asked from July and August month.
  • Approx 10 Questions asked from Static GK

Some Gk Questions Asked were –

1. Andy murray is related to? – tennis

2. hopman cup rlated to – tennis

4. SIDBI headquarter – 

5. Committe on farmers doubling of income by 2022?

6. Saarc finance minister committee? 

7. 92 paisa insurance premium for train traveller from August 31

8. A travel insurance cover of upto Rs 10 lakh can be availed while a booking train ticket online by paying less than one rupee

9. PM Modi’s monogrammed suit enters Guinness Records as ‘most expensive suit sold’
The suit was sold at an auction for Rs 4.31 crore.

Note:

As per the analysis the expected cutoff of RBI Grade B Exam 2015 Phase I will not go beyond 90 – 110 marks for general category.

All the Best!!

]]> http://ift.tt/2bVvjqg 9 http://ift.tt/2bOHR5l http://ift.tt/2bVv66h Sun, 04 Sep 2016 03:30:04 +0000 http://ift.tt/2bOHO9I Dear Readers

Vocabulary is an essential element of every competitive Exam. One should have good vocabulary to attempt Reading Comprehension in English. So, we have come up with Weekly Word-list Quiz. This Quiz will comprise of words which you are already familiar of.

So here is the Quiz given Below:

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]]> http://ift.tt/2bVupdf 18 http://ift.tt/2bOIFag http://ift.tt/2bVvfGJ Sat, 03 Sep 2016 15:30:25 +0000 http://ift.tt/2bOHPKL As you know Computer is a very important section to get a good score for Bank. Thus, we are sharing with you Computer questions for your better preparation which is very important and you can expect similar questions in the exam.
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GradeUp is conducting a FREE mock test for IBPS PO and you can pre-register. The test is based on the latest exam pattern.

FREE SBI Mains Mock Test – Subscribe Here

]]> http://ift.tt/2bVvjXa 40 http://ift.tt/2bOHMP8 http://ift.tt/2bVvkKI Sat, 03 Sep 2016 14:30:10 +0000 http://ift.tt/2bOGBz3 As you know Current Affairs is a very important section to get a good score for Bank and other Exams. Thus, we are sharing with you Current Affairs and G.K. questions for your better preparation which is very important and you can expect similar questions in the exam.
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GradeUp is conducting a FREE mock test for IBPS PO  and you can pre-register. The test is based on the latest exam pattern.

FREE SBI Mains Mock Test – Subscribe Here

]]> http://ift.tt/2bVvodu 51 http://ift.tt/2bOIDza http://ift.tt/2bVvnpW Sat, 03 Sep 2016 13:38:13 +0000 http://ift.tt/2bOGq79 International Affairs

1. India and Vietnam sign 12 agreements to boost bilateral ties

3rd Sep

  • India and Vietnam have signed 12 agreements for cooperation in areas like defence, IT, space, double taxation and sharing white shipping information, signaling a strong upward push in their strategic ties.
  • The agreements were signed by the two sides officials in presence of PM Narendra Modi and his Vietnamese counterpart Nguyen Xuan Phuc.
  • India will provide $500 million credit line for Vietnam for defence cooperation. India also offered a grant of $5 million to set up a software park in Vietnam.
  • Modi is the fourth Indian Prime Minister to visit Vietnam during the past about 50 years.

National & International Appointment

2. Dr. K K Aggarwal elected National President of IMA

K-K-Aggarwal

  • Cardiologist Dr.K K Aggarwal has been elected as the National President of the Indian Medical Association (IMA) for the year 2016-17.
  • Now, he is the Secretary General of the doctors association.
  • The Indian Medical Association (IMA) is a national voluntary organization of Doctors of Modern Scientific System of Medicine in India(29 state/UT branches).
  • IMA has over 2,53,000 doctors as its members through more than 1,650 active local branches spread across the country.

3.Kerala appoints Sachin as brand ambassador for anti-liquor campaign

sachin-tendulkar

  • Legendary Cricketer Sachin Tendulkar has been appointed as the  brand ambassador for anti- liquor and anti-drug campaign in the state.
  • This was part of the government’s move to create awareness among people against alcoholism and drug in the state.
  • Kerala will open up more de-addiction centers for the benefit of the addicted.

4. Maha Governor C V Rao sworn in as acting Governor of Tamil Nadu

rao

  • Maharashtra Governor Chennamaneni Vidyasagar Rao has sworn in as the acting Governor of Tamil Nadu  at a ceremony held in Raj Bhavan as the tenure of K. Rosaiah ended on 31 August.
  • Rao has been administered oath of office by the Madras High Court’s Chief Justice Sanjay Kishan Kaul at the Raj Bhavan, Chennai.

National Affairs

5. Odisha govt launches Biju Kanya Ratna Yojana

odisha

  • Chief Minister of Odisha Naveen Patnaik has launched the Biju Kanya Ratna Yojana for the development of girls in three districts (Ganjam, Dhenkanal and Angul) of the state.
  • The Objective of the Yojana to improve sex ratio at birth and child sex ratio.
  • The scheme will ensure enrollment of girls in elementary education, tracking dropout girls from schools and creating a better environment for them.

6. TVSN Prasad Committee submitted its report on use of Pallet Guns

jk

  • TVSN Prasad committee has submitted its report to Home Secretary Rajiv Mehrishi.
  • The committee was not in favor of completely removal of the pellet guns in the Kashmir Valley but suggests that it should be replaced with the polymer, rubber and paper bullets.
  • Earlier, the Joint Secretary of the Ministry of Home Affairs (MHA) has constituted a seven-member expert committee on the use of pallet guns.

Obituaries

7. Assamese poet Nalini Dhar Bhattacharyya passes away

Nalinidhar-Bhattacharya

  • Eminent, Assamese poet and author Nalinidhar Bhattacharyya (95-year) passed away in  Guwahati.
  • He was the winner of the Sahitya Akademi award.
  • The Assam Sahitya Sabha had honored him with the title of ‘Sahityacharya’ in 2010.
  • Bhattacharyya was a former principal of Arya Vidyapeeth College, Guwahati.

8. President of Uzbekistan Islam Karimov passes away

islam-karimov

  • Uzbekistan’s President Islam Karimov (78-year) passed away at Tashkent, Uzbekistan.
  • Karimov had dominated Uzbekistan for more than 25 years.
  • He was the first President of Uzbekistan from 1990 to 2016.

Banking & Finance

9. DCB Bank launches mobile payment service for retail outlets

DCB-Bank

  • DCB Bank has announced to launched of mobile-based payment solution mVisa for easier retail payment.
  • Customers can now pay through their smartphones by scanning the unique Quick Response (QR) code at the retail outlet.
  • mVisa is a card less mobile payment solution that offers customers the convenience of doing digital payments at retail outlets.
  • DCB Bank has partnered with M2P Solutions and GI Technology to implement mVisa.

Sports

10. All India Police Athletics Championship begins in Hyderabad

CqyATseWgAATDpu

  • Telangana Governor E S L Narasimhan has declared to open the 65th All India Police Athletics Championship (AIPAC) at the GMC Balayogi stadium in Hyderabad.
  • Over thousand sportspersons including 300 women from various state police departments and paramilitary force are taking part in the annual event being organized by the Central Industrial Security Force(CISF).
  • The championship will continue till 7th of this month.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

GK Quiz (for previous day’s news only)Take the quiz below to find out how well-versed you are with current affairs. You can also go through the Daily GK Update: 2nd September 2016_before attempting the quiz.

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]]> http://ift.tt/2bVv66r 33 http://ift.tt/2c81xQi http://ift.tt/2bVuptT Sat, 03 Sep 2016 12:30:59 +0000 http://ift.tt/2bOH8RL Dear Readers,

We are providing you Important Concept & Short Tricks on Statement & Courses of action Questions in Reasoning which are usually asked in Bank Exams. Use these below given short cuts to solve questions within minimum time. These shortcuts & Concept will be very helpful for your upcoming All Bank Exam 2016.

How-to-Solve-Statement-&-Courses-of-Action

To make the chapter easy for you all, we are providing you all some Important Concept & Short Tricks on Statement & Courses of action?  which will surely make the chapter easy for you all.

Such questions are asked to test your ability to judge a problem correctly, to determine the root cause of the problem and then to prescribe a suitable course of action.

What is Courses of Action?

A courses of Action is a step or administrative decision to be taken up for improvement or follow – up for further action in regard to the problem, policy etc. on the basis of the information given in statement.

Normally there will be two broad types of pattern in such questions:

1. Problem and Solution based: When the presented situation talks of a problem and the suggested course of action talk of a solution.

  •  It solves / reduces of minimize the problem
  • the solution or course of action is practically Possible.
  • A suggested course of actions can be said to solve/reduce/minimize, the problem.

When; (a) It is an established fact. ie, It is acknowledged universally as a fact.

Note: A suggested course of action may indeed solve a problem but in practical life it may not be advisable or possible. If it is so, then the course of action is rejected.

For e.g. –

Statement: A large number of people in ward X of the city are diagnosed to be suffering from a fatal malaria type.

Courses of Action: I. The city municipal authority should take immediate steps to carry out extensive fumigation in ward X.

1. The people in the area should be advised to take steps to avoid mosquito bites.

(1). Only I follows

(2). Only II follows

(3). Either I or II follows

(4). Neither I nor II follows

(5). Both I and II follow

Answer is (5) – Clearly, prevention from mosquitoes and elimination of mosquitoes are two ways to prevent malaria. The action will reduce the problem. So, both the courses follow.

2. Fact and Improvement based: When the presented situations talks of a simple fact (not a problem, just a situation) and the suggested courses of action suggest ways of improvement.

 Format of the Problem: These types of questions contain two or more statement and these statements are followed by the number of Courses of Action. You have to find which Course of Action will logically follow from the given statement.

 For e.g.-

Statement: Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.

Courses of Action: I. The officers concerned in the commercial banks are to be suspended.

II. The RBI should be asked to stop giving such directives to commercial banks.

(1) Only I follows

(2) Only II follows

(3) Either I or II follows

(4) Neither I nor II follows

(5) Both I and II follow

Answers (4) – The statement mentions that the commercial banks violate a directive issued by the RBI. The remedy is only to make the banks implement the Act. So, none of the courses follows.

Steps to Solve

 What is the approach to solve the questions of this section?

1. Don’t make your individual perception.

2. Act according to the rules of any organization.

3. Go for impartial and personal thinking.

4. Existing practices are not effective Course of Action.

5. Whenever problem arises, it is always sensible course of action to find out the cause.

Important Points to proceed step by step to reach final courses of action:

1. Extreme or strict action is not valid course of action.

2. The actions should be a positive step towards the solution of the problem, rather harsh and undemocratic.

3. Analyses course of action whether it will solve the problem or lessen it. For proper analysis check with

(i) Universal truth
(ii) Experience
(iii) Logic

4. Check out practical course of action. Simple problem must have simple course of action, not a complex one which might create more problem than to solve or reduce.

5. In most of the cases, a situation has more than one course of action. But they are never exclusive to each other. So our answer should be always “both follow” and not “either of them follows”.

6. If course of action and problems are properly balanced and if the course of action is also feasible than that action can be followed.

Sample Questions

1. Statement : Youngsters are often found staring at obscene posters.

Courses of Action :

I) Children should be punished and penalized if they are found doing so.

II) Any display of such materials should be banned.

(1) Only I follows

(2) Only II follows

(3) Either I or II follows

(4)  Neither I nor II follows

(5) Both I and II follow

Ans (2) only II follows.

Explanation: Bad things attract more and punishment after the act has been committed is no remedy. The act should be prevented so only II follows.

2. Statement: Footpaths of a busy road are crowded with vendors selling cheap items.

Courses of Action :

I) The help of police should be sought to drive them away.

II) Some space should be provided to them where they can earn their bread without blocking footpaths.

(1) Only I follows

(2) Only II follows

(3) Either I or II follows

(4)  Neither I nor II follows

(5) Both I and II follow

Ans (5) Both I and II follow

Explanation: The best solution for the problem is to give an alternative to it. II suggests an alternative and hence follows. But how can we be sure that the vendors would leave the footpaths if they are given alternative means of livelihood? For that we have to use force and hence I also follows.

3. Statement: Rapid growth of urban population has led to a severe shortage of living space resulting in a drop in living conditions .

Courses of Action:

I) The Government should draw plans for urban re planning and development.

II) All village to town migrations should be stopped .

II) The Government should demolish the five-star hotels and build peoples cottages there.

(1) Only I follows

(2) Only III follows

(3) I & III follow

(4) I & II follow

(5) All follow

Ans (1) Only I follows.

Explanation: I is a positive step towards the solution of the problem. III is rather harsh and undemocratic. II too is an extreme action. Both II & III would violate the Fundamental Rights of the Indian Constitution.

4. Statement : Although advancement medical science has raised life expectancy, the rate of child mortality remains high in India.

Courses of Action :

I) Efforts should be made to lower life expectancy.

II) Medical scientists should be asked to give up their jobs.

III) Efforts should be made to decrease the rate of child mortality.

(1) I & II follow

(2) II & III follow

(3) I & III follow

(4) Only I follows

(5) Only III follows

Ans (5) Only III follows.

Explanation: I is an absurd suggestion. II is an extreme action not required in the present circumstances. III is undeniably a proper course of action.

Thanks

GradeUp Team

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