IBPS RRB GBO 2020: Exam Analysis

IBPS RRB GBO 2020 exam held on 18th October 2020. As expected it was an easy paper. In Financial Awareness questions were asked from RBI Circulars and Banking Awareness Digests.

Survey Results

Ideal Score

85-86 for getting selected in most of the RRBs.

Reasoning Ability

Topic	No. of Questions	Level
Blood relationship	1	Easy
Syllogism	3	Moderate
Puzzle	15 (3 sets)	Moderate to Difficult
Inequality	3	Moderate
Data Sufficiency	5	Moderate
Verbal Reasoning	3	Difficult
Machine Input-output	5	Difficult
Seating Arrangement	5	Moderate

Quantitative Aptitude

Topic	No. of Questions	Level
Data Interpretation	15  (3 sets)	Moderate to Difficult
Number series	5	Easy
Quadratic Equations	5	Easy
Data Sufficiency	5	Moderate
Arithmetic	10	Difficult

English 

Topic	No. of Questions	Level
Reading comprehension	10	Easy to Moderate
Fill in the blanks	5	Moderate
Cloze tests	5	Moderate
Error spotting	5	Easy
Idioms and Phrases	5	Moderate
Sentence Rearrangement	5	Easy
Vocabulary	5	Moderate

Computer Awareness

• To close a programme crtl +w 
• Non-impact printer 
• 1st window by Microsoft 
• Non-shareable on network - mouse

List of Financial Awareness Questions asked 

Ques 1: Exim Bank set up in

Ans: 1982 

(From BankExamsToday’s free study material - https://www.bankexamstoday.com/2017/01/financial-institutions-in-india-key.html#:~:text=EXIM%20BANK%20(%20Export%20Import%20Bank,Headquarter%3A%20Mumbai%2C%20Maharashtra.)

Ques 2: Tezz another name

Ans: Google Pay (covered on the course)

Ques 3: 5C of RBI

Ans: Content, Capacity, Community, Communication and Collaboration 

(From free study material of BankExamsToday- https://currentaffairs.bankexamstoday.com/2020/08/national-strategy-for-financial.html#:~:text=National%20Strategy%20for%20Financial%20Education%202020%2D2025%20adopts%20'5C',%2C%20Community%2C%20Communication%20and%20Collaboration.)

Ques 4: IPPB tagline

Ans: Aapka Bank Aapke Dwar (covered in the course)

Ques 5: RRB to keep CRAR

Ans: RBI directs regional rural banks to keep 9% CRAR from this year 

(From the free study material of BankExamsToday-  https://currentaffairs.bankexamstoday.com/2020/03/cabinet-approved-recapitalization-of.html)

Ques 6: HFC regulator

Ans: RBI 

(From the free study material of BankExamsToday- https://currentaffairs.bankexamstoday.com/2020/06/new-rules-for-hfcs-by-rbi.html)

Ques 7: CTS full form

Ans: Cheque Truncation System (covered in the course)

Ques 8: RBI Establishment year

Ans:  April 1, 1935 

(From the free study material of BankExamsToday-  https://www.bankexamstoday.com/2016/02/establishment-years-of-financial.html)

Ques 9: SCSB full form

Ans: Self Certified Syndicate Bank (covered in the course)

Ques 10: Who regulates foreign exchange and investment?

Ans: RBI (RBI Ciriulars)

Ques 11: Banking regulation act 1949 section (covered in the course)

Ques 12: MSME new definition- Medium enterprise

Ans: Investment up to 50cr and Turnover up to 250 cr 

(From the free study material of BankExamsToday - https://www.youtube.com/watch?v=HP4xaog9Pkc&t=1s)

Ques 13: Delhi Meerut rapid transition system financed by?

Ans: ADB 

(From the free study material of BankExamsToday -  http://currentaffairs.bankexamstoday.com/2020/09/goi-signed-loan-agreement-with-adb-for.html)

Ques 14: Negotiable instruments act section (covered in the course)

Ques 15: Name of the Hong Kong stock exchange index

Ans: Hang Seng Index 

(From the free study material of BankExamsToday -  https://www.bankexamstoday.com/2014/09/list-stock-indices-in-world.html)

Ques 16: SCORES app launch by

Ans: SEBI (covered in the course)

Ques 17: 5lakh Dicgc started by which date

Ans: February 4, 2020 (covered in the course)

Ques 18: LTV ratio of 90% for a gold loan from which date

Ans: Till March 31, 2021 (covered in the course)

Ques 19: SARFAESI Act 2002 related to a recent amendment (covered in the course)

Ques 20: Min investment in KVP

Ans: Rs. 1000 

(From free study material of BankExamsToday -  https://www.bankexamstoday.com/2015/01/kisan-vikas-patra-investment-scheme-for.html#:~:text=No%20cap%20on%20the%20maximum,1000.)

Ques 21: ASBA section (covered in the course)

Ques 22: LIC acquired the major stock of which bank?

Ans: IDBI Bank (covered in the course)

Ques 23: Sukanya samridhi 

(From the free study material of BankExamsToday -  https://www.bankexamstoday.com/2016/11/sukanya-samriddhi-yojana-key-points.html)

Ques 24: Currency Act (covered in the course)

Ques 25: NPS age

Ans: 18-65 years (covered in the course)

Ques 26: Which statement is wrong in PPF? (covered in the course)

Ques 27: Fasal Bima Yojna regulated 

(From the free study material of BankExamsToday -  ttps://currentaffairs.bankexamstoday.com/2020/01/pradhan-mantri-fasal-bima-yojana.html)

Ques 28: Consumer protection act 2019 related (covered in the course)

Ques 29: Which section amended of Insolvency to increase the limit from 1 lakh to 1 cr for default?

Ans: Section 4 (covered in the course)

Ques 30: Which bank-financed Mumbai metro project?

Ans: ADB 

(From the free study material of BankExamsToday -  https://www.bankexamstoday.com/2019/03/banking-and-financial-awareness-march_13.html)

Ques 31: FITL loan full form

Ans: Funded Interest Term Loan (covered in the course)

Ques 32: Two question from EPF(covered in the course)

Ques 33: Question-related to FFMC (covered in the course)

Ques 34: Question from Brbnmpl printing press 

(From the free study material of BankExamsToday -  https://www.bankexamstoday.com/2017/01/bharatiya-reserve-bank-note-mudran.html)

Ques 35: Question from Nobel prize 

(From the free study material of BankExamsToday -  https://www.bankexamstoday.com/2016/10/nobel-prize-2016-winners-list-at-glance.html)

Ques 36: Question from sovereign gold bond (covered in the course)

Ques 37: Latest Current Affairs Questions (From Digests provided by BankExamsToday)

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