RRB CENTRALISED NOTICE NO. 03/2012

Railway Recruitment Board (RRB) has issued notification against recruitment of 6,829 various vacancies. Eligible candidates may apply through prescribed application format on or before 11-06-2012. Other details like age limit, educational qualification, application fee details, selection process, how to apply and other details are given below.

RRB Vacancy Details:
Total Number of Posts: 6,829 

Names of Posts:
1. Commercial Apprentice – 317 vacancies
2. Traffic Apprentice – 740 vacancies
3. ECRC – 114 vacancies
4. Goods Guard – 1,768 vacancies
5. Jr Accounts Assistant cum Typist – 791 vacancies
6. Sr. Clerk cum Typist – 441 vacancies
7. Assistant Station Master – 2,646 vacancies
8. Traffic Assistant – 12 vacancies

Age Limit: Age should be in between 18-33 years and Cutoff date for determining age limit would be 01-07-2012. (Age relaxations will be extended as per rules).

Educational Qualification: Candidates are asked to refer to the notification for the details of required educational qualification provided separately for each post.

Application Fee Details: Unreserved and Male/OBC Male candidates need to pay Rs. 60/- in the form of Indian Postal Order or Demand Draft in favor of “Assistant Secretary or Secretary or Member Secretary or Chairman of Railway Recruitment Board payable at the place where the Railway Recruitment Board concerned is situated. SC/ST/PWD/EXSM/Women/Minorities/ Economically Backward Classes candidates are exempted from fee payment.

Selection Process: Candidates will be selected on the basis of their performance in Written Test followed by certificate verification.

How to Apply: Candidates apply through prescribed application format available in the notification, the application form should be filled up by the candidate in his/her own handwriting, with blue or black ball point pen only and send it along with copies of all required certificates and documents, by attaching a passport size photograph and attesting signature in an closed envelop super scribing  as ‘Application for the Post/s of ,Category No./,Centralized Employment Notice No. 03/2012 of RRB/—, Community (SC/ST/OBC/PWD/Ex-SM)’ to the address of concerned RRB, available in the notification on or before 11-06-2012.

Important Dates:
Last Date for Receipt of Application: 11-06-2012
Last Date for Receipt of Application by post: 26-06-2012
Date of Examination: 28-10-2012

For more details like vacancy distribution, pay scale, reservations and relaxations, instructions and conditions, and addresses, click on the link given below
Click here for detailed Advertisement

UCO Bank to recruit 1000 Clerks

Uco Bank invites application for recruitment to the post of Clerks from Indian citizens who have taken the Common Written Examination for Clerical cadre conducted by IBPS in 2011.
Name of the Post & Number of Vacancies in UCO Bank
Clerks: 1000 vacancies


Important Dates for recruitment in UCO Bank

• Opening date for online registration/ payment of application fee: 16 May 2012
• Closing date for online registration/ payment of application fee: 2 June 2012

Eligibility Criteria for recruitment in UCO Bank
Educational Qualification (as on 1 August 2011)

• Degree in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government. OR
• A pass with 50% marks in Higher Secondary Examination of 10+2 (10+2+3 pattern)/ 11th Std. (11+1+3 pattern) or Intermediate/ Pre-University (SC/ST/OBC/EXS & PWD candidates pass only) OR
• A pass with 60% marks in the aggregate in Matriculation/ SSC/ (old pattern)/ SSLC/ 10th Std. Examination (10+2+3 pattern) or equivalent.(SC/ ST/ OBC/ EXS & PWD candidates passed with 50% marks in aggregate)

Computer Knowledge/ Qualifications: Candidates should have a Certificate about working knowledge in Computer.
Proficiency in Official Language: Candidate should have proficiency in the Official  Language of the State for which he/ she has applied.
Essential Requirement

• IBPS Score obtained in CWE for Clerks 2011-12
• Candidates should have appeared in CWE from a centre in a State for the vacancies he/ she wishes to apply.

Age Limit (as on 1 August 2011): Minimum 18 years, Maximum 28 years
Pay Scale: Rs 7200-400/3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/ 1-19300. DA, HRA, CCA, Graduation Pay, Medical, LFC, Terminal Benefits, other allowances etc. will be paid as per prevailing rules in the Bank depending upon place of posting.
Selection Procedure for recruitment in UCO Bank: Selection for the post of Clerk will be based on the Total Weighted Standard Score in the Common Written Examination conducted by IBPS in 2011 and marks scored in the Interview (75 marks).
Depending on the number of vacancies, the Bank reserves the right to call only those candidates who have sufficiently high IBPS score in Common Written Examination for Interview.
The minimum qualifying marks for the interview would be 40% for General Category and 35% for Reserved Category. Candidate should have proficiency in the Official language of the State for which he/ she has applied.
There may be some questions in the local language at the time of interview.
How to Apply for recruitment in UCO Bank: Candidates need to apply online on the bank's website http://recruitment.ucobank.com/job_offers.htm
Application Fee: Fee for SC/ ST/ PWD/ Ex- Servicemen category candidates is Rs 20 and fee for other category students is Rs 100.
The challan should be filled in BLOCK LETTERS. Application fee has to be paid through Fee Payment Challan at any of UCO Bank branches in cash. The fee needs to be paid in CBS Account Number and branch (as mentioned in Challan form) in the name & style of "UCO BANK CLERICAL CADRE RECRUITMENT PROJECT-2012".
Obtain the applicant's Copy of Counterfoil of the Application Fee Payment Challan duly receipted by the Bank with (a) Branch Name (b) Transaction ID/ Scroll Number (c) Date of Deposit & Amount filled by the Branch Official.
Apply online by re-visiting the Recruitment link appropriate places. Fill in all other required details therein and click on the "SUBMIT" button at the end of the Online Application form. Original counterfoil of the fee payment challan will have to be submitted with call letter at the time of interview or otherwise they will be disqualified.
The Application printout along with the fee payment receipt and required copies of documents should be kept ready for submission, if shortlisted for Interview.
For more information, please CLICK HERE

Punjab & Sind Bank Various Posts Recruitment

Applications are invited from eligible candidates for the following posts on contractual basis for close mentoring of RSETIs at our Lead districts Ludhiana, Faridkot and Moga

1. Faculty: 06posts Qualification: i) Shall be a Post Graduate viz. Masters in Social Work (MSW)/ M.A. in RURAL Development/ M.A. in Sociology / Psychology, B.Sc. (Ag.) / B.A. with B. Ed. Etc ii) Shall have flair for teaching with Computer Knowledge iii) Should be resident of same district or nearby district iv) Should be able to speak and write local/regional language 2. Office Assistant: 03posts Qualification: i) shall be a Graduate viz. Bachelor in Social Work (BSW) /B.A. / B. Com with Computer Knowledge. ii) Knowledge in Basic Accounts is a preferred qualification. iii) Should be resident of same district or nearby district. iv) Should be able to speak and write local/regional language 3. Attender / Watchman: 03posts Qualification: i) Shall be a Matriculate. ii) Should be ready to attend to all types of jobs at the office. iii) Should be resident of same district. iv) Should be able to speak and write local/ regional language How to apply: Candidates need to download application format from the website and fill it with all mandatory details, attach photograph, attest signature, super scribe the name of the post to be applied for on the envelope and send it along with copies of all relevant certificates, to the General Manager (PS), Punjab & Sind Bank, 6th Floor, 21, Bank House, Rajindra Place, New Delhi Last date: 15.05.2012 For more details Click here

VIZAG STEEL JUNIOR TRAINEES RECRUITMENT

BANKING AWARENESS PRACTICE QUESTIONS

1. Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a networth of Rs 200 crore can use derivatives to hedge against risk of volatility in currency rates?
a. IMF
b. Reserve Bank of India
c. SEBI
d. Union Ministry of Finance
Ans: b
2. Which body in India finally provided tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11?
a. Reserve Bank of India
b. Income Tax Department
c. Employees’ Provident Fund Organisation
d. Corporate Affairs Ministry
Ans: b
3. (1) The report on Customer Service in Banks by a committee chaired by M. Damodaran, former Chairman of the Securities and Exchange Board of India (SEBI) that was released on 3 July 2011 recommended an increased deposit insurance cover of Rs.5 lakh so as to encourage individuals to keep all their deposits in banks.
(2) The panel also suggested blocking of lost ATM cards through SMS and immediate restoration of funds in case of non-dispensation of cash at an ATM within 5 working days.
Which of the above is not true?
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
Ans: b
4. The Reserve Bank of India (RBI) in a bid to tame inflationary pressure hiked the short-term indicative policy rate (repo rate) by 50 basis points on 26 July 2011. The repo rate currently stands at what percentage?
a. 7%
b. 7.5%
c. 8%
d. 8.5%
Ans: c
5. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a. Indian Overseas Bank
b. State Bank of India
c. Bank of India
d. United Bank of India
Ans: b
6. Who did global payments processing company MasterCard appoint as the General Manager, South Asia and Country President, India?
a. T. V. Seshadri
b. Vicky Bindra
c. Tunde Lemo
d. Ajay Banga
Ans: a
7. Government of India on 19 July 2011 appointed Usha Ananthasubramanian, former general manager of Bank of Baroda (BoB) as executive director of which public sector lender?
a. Central Bank of India
b. Punjab National Bank
c. United Bank of India
d. Gramin Bank
Ans: b
8. Name the public sector lender that selected Metlife as its partner for a proposed foray into the life insurance segment.
a. Syndicate Bank
b. Punjab National Bank
c. Corporation Bank
d. United Bank of India
Ans: b
9. Which bank signed a memorandum of understanding with Dewan Housing Finance Corporation (DHFL) under which DHFL will distribute home loans to Yes Bank’s customers?
a. Canara Bank
b. ABN Amro bank
c. Yes Bank
d. HSBC
Ans: c
10. Which life insurance company in India launched a new non-linked health insurance plan, Jeevan Arogya?
a. HDFC Standard Life Insurance Co. Ltd
b. Life Insurance Corporation of India
c. IDBI Fortis Life Insurance Company Ltd.
d. SBI Life Insurance Co. Ltd
Ans: b
11. Which of the following public sector banks in November 2011 froze its lending to the power sector?
a. State Bank of India
b. Allahabad Bank
c. Punjab National Bank
d. United Bank of India
Ans: b
12. Which Indian bank on 10 May 2011 raised benchmark prime lending rate 75 basis points to 14% following raising of interest rates by RBI by basis points on 3 May 2011?
a. State Bank of India
b. Union Bank
c. Punjab National Bank
d. Bank of Baroda
Ans: a
13. The Reserve Bank of India on 26 April 2011 fined 19 banks, including the country’s top private and foreign banks for violating its guidelines on derivatives. Which is the only public sector bank on the list of banks to be fined?
a. State bank of India
b. Punjab National Bank
c. Bank of India
d. Indian Bank
Ans: a
14. The Reserve Bank of India on 25 August 2011 released its Annual Report for 2010-11. Which of the following was not discussed in the Annual Report the Central Board of the RBI?
a. assessment of the macroeconomic performance during 2010-11
b. prospects for 2011-12
c. working and operations of the Reserve Bank and its financial accounts
d. role of regulatory bodies in controlling the financial markets
Ans: d
15. Reserve Bank of India (RBI) panel headed by headed by Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) on 29 August 2011 came up with suggestion on non-banking finance company (NBFC). Which of the following related to this statement is not true?
1. The panel suggested the central bank to insist on a minimum asset size of more than Rs.25 crore for registering any new non-banking finance company (NBFC)
2. Transfer of shareholding, direct or indirect, of 25 per cent and above, change in control, merger or acquisition of any registered NBFC will require prior approval of the Reserve Bank.
3. Tier-I capital for capital to risk weighted assets ratio (CRAR) purposes would be specified at 12 per cent to be achieved in three years for all registered deposit-taking and non-deposit-taking NBFCs.
4. NBFCs would be subject to regulations similar to banks while lending to stock brokers and merchant banks and similar to stock brokers, as specified by the Securities and Exchange Board of India (SEBI)
a. 1 & 4
b. 2 & 4
c. Only 4
d. Only 1
Ans: d
16. Which Indian PSU bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time?
a. Punjab National Bank
b. Oriental Bank of Commerce
c. State bank of India
d. Indian Overseas Bank
Ans: c
17. Which of the following banks set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis in Bangalore & in New Delhi in September 2011?
a. Corp Bank
b. United Bank of India
c. Syndicate Bank
d. Bank of Baroda
Ans: c
18. The government suspended M Ramadoss for alleged violations in issuing insurance cover to an airline during his stint as head of another state-run insurer. To which insurance group did he belong to?
a. New India Assurance
b. LIC
c. GIC
d. ICICI Insurance
Ans: a
19. Which of the following banks in early May 2011 entered into a tie-up with non-banking finance companies such as Future Capital, Bajaj Finance, and Reliance Capital to grow its retail portfolio?
a. Central Bank of India
b. State Bank of India
c. Bank of India
d. HDFC Bank
Ans: a
20. Which are the two Gujarat-based cooperative sector lenders on which Reserve bank of India imposed a financial penalty of Rs 1 lakh each for violation of various rules, including anti-money laundering guidelines?
1. Shree MahalaxmiMercantile Co-operative Bank
2. Rander People’s Co-operative Bank
3. Abad District Co Op Bank
4. Ahd Mercantile Co-Op Bank Ltd
a. 1 & 2
b. 2 & 3
c. 1 & 4
d. 3 & 4
Ans: (a)

Bank of Baroda Clerk Exam Solved Paper 2011

Socio-economic, Banking and Computer Awareness

 
1. Which of the following nations is considered the originator of the concept of Micro Finance?
(1) Bangladesh
(2) India
(3) South Africa
(4) Greece
(5)Brazil

2. Which of the following is represented by the letter ‘L' in the abbreviation CAMELS, the rating system used in financial world ?
(1) Loans
(2) Leadership
(3) Liabilities
(4) Liquidity
(5) None of these

3. Repo rate is decided by which of the following organizations?
(1) SEBI
(2) AMFI
(3) All Banks
(4) RBI
(5) IMF

4. Many a times we read a term ‘PPP' in financial dailies/magazines. What is the full form of the same as used in financial world?
(1) Purchasing Power Parity
(2) Per captia Potential Purchases
(3) Public Per captia Power
(4) Present Purchasing Power
(5) Popular Public Preferences

5. The rate of interest on Term Deposits in Banks is stipulated by which of the following?
(1) RBI
(2) Government of India
(3) Indian Banks Association
(4) Banking Codes and Standards Board of India
(5) Individual Banks themselves

6.  Which of the following is not a function of a commercial bank?
(1) Providing project finance
(2) Selling Mutual Funds
(3) Deciding policy rates like CRR, Repo Rates/SLR etc.
(4) Settlement of payments on behalf of the customers
(5) Providing services such as locker facilities, remittances etc.

7. Which of the following carries out ‘Open Market Operations'?
(1) Stock Exchanges in India
(2) Indian Banks' Association
(3) Securities and Exchange Board of India
(4) Planning Commission
(5) Reserve Bank of India

8. The famous name Vikram Pandit is associated with which of the following organizations/banks?
(1) Cairn Energy
(2) ICICI Bank
(3) Pepsi Co.
(4) Vodafone
(5) Citigroup

9. Which of the following is the main function of I.M.E.?
(1) Finance investment loans to developing countries
(2) Act as a private sector lending arm of the World Bank
(3) Help to solve balance of payment problems of member countries
(4) Arrange international deposits from banks
(5) None of these

10. Which of the following is not a mode of foreign capital inflow to India?
(1) FDI
(2) FII
(3) NRI Accounts
(4) No Frills Accounts
(5) All these are valid for foreign capital inflow

11. Five Year Plans in India are finally approved by which of the following bodies?
(1) National Development Council
(2) President on the advice of Prime Minister
(3)  Union Cabinet
(4) Planning Commission
(5) Finance Minister

12. Which of the following schemes is launched specifically for helping Senior Citizens to avail loan by mortgage of their residential property?
(1) English Mortgage Scheme
(2)  Senior Capital Loan Scheme
(3) Reverse Mortgage Loan Scheme
(4) DEMAT Account Scheme
(5) None of these

13. The most appropriate measure of a country's economic growth is___
(1) Net National Product
(2) Net domestic product
(3) Gross domestic product
(4) Per capita real income
(5) Total Foreign Investment in a year

14. In order to streamline the functioning of MFI sector the RBI had appointed a committee. The committee was headed by___
(1) Dr. Y.V.Redddy
 (2) Shri M.V.Nair
(3) Shri Y.H.Malegam
(4) Dr. D.Subbarao
(5) Smt. Usha Thorat

15. The census in India is done after a gap of every-
(1) 5 years   
(2) 10 Years
(3) 12 Years
(4) 15 Years
(5) None of these

16. Structure of Basel II is based on how many pillars?
(1) Two         
(2) Three
(3) Four       
(4) Five
(5) Six

17. Which of the following is/are the depositories in India handling dematerialized shares?
(A) National Payment Corporation of India
(B) Central Depository Service (CDSL)
(C) Bombay Stock Exchange (BSE)
(1) Both (A) & (B)
(2) Only (B)
(3) Only (A)
(4) Only(C)
(5) All (A),(B) & (C)

18. What does the term NSDL stand for?
(1) National Securities Development Limited
(2) National Securities Depository Limited
(3) National Safety Development Limited
(4) Natural Safety Development Limited
(5) National Social & Developmental Liabilities

19. Non-Banking Financial Company (NBFC) does not have which of the following functions?
(1) Equipment leasing
(2) Housing finance and investments in financial securities
(3) Hiring & Purchasing Assets.
(4) Demand Deposits
(5) None of these

20. Insurance business in India is regulated by___
(1) Life Insurance Corporation of India
(2) SEBI
(3) Reserve Bank of India
(4) Insurance Regulatory & Development Authority (IRDA)
(5) AMFI

21. Basel III in banks is being planned to be implemented from which of the following years?
(1) 2012           
(2) 2013
(3) 2014           
(4) 2015
(5) 2019

22. Money Laundering refers to which of the following?
(1) Conversion of assets into cash
(2) Conversion of Money which is illegally obtained
(3) Conversion of cash into gold
(4) Conversion of gold into cash
(5) Conversion of shares into cash

23. As per the repots in various newspapers, RBI has asked banks to make a plan to provide banking service to all villages having a population of 2000. This directive issued by the RBI will fall in which of the following categories?
(1) Plan for Financial Inclusion
(2) Efforts to meet the targets of Priority Lending
(3) Extension of Relief Packages to the Farmers
(4) Extensions of Internal and Branchless Banking
(5) None of these

24. The price at which the Govt. Purchases food grain for maintaining the public distribution system is known as-
(1) Ceiling prices
(2) Procurement price
(3) Minimum Price
(4) Issue Price
(5) Distribution price

25. Which of these books is written by Kiran Desai?
(1) A Village By the Sea
(2) Darkness at Noon
(3) Lolita
(4) My Son's Father
(5) The Inheritance of Loss

Computer Awareness
26. The ___controls communications for the entire computer system.
(1) Arithmetic-logic unit
(2) Semiconductor
(3) Motherboard
(4) Coprocessor
(5) None of these

27. A ___is approximately 1 million bytes.
(1) Megabyte
(2) Kilobyte
(3) Gigabyte
(4) Terabyte
(5) None of these

28. Which of the following is formally defined as a criminal action perpetrated primarily through the use of a computer?
(1) Phishing
(2) Hacking
(3) Cybercrime
(4) Social networking
(5) None of these

29. Hardware used to translate words, sound images and actions that People understands into a form that the system unit can process is known as-
(1) Device drivers
(2) Device readers
(3) Input devices
(4) Output devices
(5) None of these

30. Being- means being familiar enough with computers in such a manner that you understand their capabilities and limitations.
(1) Computer literate
(2) Computer competent
(3) Computer savvy
(4) Technology literate
(5) None of these

31. The System component that controls and manipulates data in order to produce information is called the -
(1) Keyboard
(2) Microprocessor
(3) Monitor
(4) Mouse
(5) None of these

32. The container that houses most of the electronic components that make up a computer system is known as the -
(1) Arithmetic -logic unit
(2) Central processing unit
(3) RFID
(4) System catalog
(5) None of these

33. How a network is arranged and how it shares information and resources is called a network___
(1) Topology
(2) Strategy
(3) Protocol
(4) Architecture
(5) None of these

34. These chips are specifically designed to handle the processing requirements related to displaying and manipulating 3-D images.
(1) Graphics coprocessors
(2) Arithmetic - logic unit processors
(3) Control unit processors
(4) CISC chips
(5) None of these

35. Which type of software is used to make a slide show ?
(1) Spreadsheets software
(2) World processing software
(3) Presentation software
(4) System software
(5) None of these

36. RAM is referred to as- storage.
(1) Direct  
(2) Volatile
(3) Secondary
(4) Sequential
(5) None of these

37. The - tells the rest of the computer how to carry out a program's instruction.
(1) ALU
(2) Control unit
(3) System unit
(4) Motherboard
(5) None of these

38.  The combination of operating system and processor in a computer is referred to as computers'___
(1) Firmware
(2) Specification
(3) Minimum requirements
(4) Platinum
(5) None of these

39. The position of a disk that contains no stored data, but may contain latent data is called-
(1) RAM slack
(2) A cluster
(3) Swap space
(4) Unallocated space
(5) None of these

40. What is keyboard used for?
(1) Input text and numbers and send commands to the computer
(2) To create new keys to use with your computer
(3) To open the computer up
(4) To create pictures and images and send them to your computer
(5) None of these

41. The information processing cycle includes the following processes -
(1) Input, processing, output, storage
(2) Input, output, manipulation, arithmetic
(3) Data, processing, printing, editing
(4) Storage, display, data, information
(5) None of these

42. How tightly the bits can be packed next to one another on a disk is referred to as-
(1) Tracks                  
(2) Sectors
(3) Density                
(4) Configuration
(5) None of these

143. What are the speakers attached to your computer used for?
(1) Displaying images
(2) Sending messages
(3) Storing messages
(4) Handling sound and music
(5) Make system look technical

44. Tape is described as using this type of access-
(1) magneto-optical
(2) DVD
(3) Direct
(4) Disastrous
(5) None of these

45. Many experts are predicting that this revolution is expected to dramatically affect the way we communicate and use memory___
(1) Graphics
(2) Input
(3) Computer technology
(4) Industry
(5) Wireless

46. The acronym DBMS stands for what?
(1) Double-blind management setup
(2) Document binder management system
(3) Data binding and marketing structure
(4) Database methodology system
(5) None of these

47. The Name of the location of a particular piece of data is its___
(1) Address
(2) Memory name
(3) Storage site
(4) Data location
(5) None of these

48. The arithmetic/logic unit performs the following actions___
(1) Checks data for accuracy
(2) Does calculations using addition, subtraction, multiplication, and division
(3) Does logical comparisons, such as equal to, greater than, less than
(4) Does both calculations and logical comparisons
(5) None of these

49.The most powerful type of computer is___
(1) Mainframe computers
(2) Microcomputers
(3) Minicomputers
(4) Synocomputers
(5) Supercomputers

50. Letters, memos, term papers, reports and contracts are all examples of ___
(1)  Models
(2) Spreadsheets
(3) Documents
(4) menus
(5) None of these

Answers

1. (1)
2. (4)
3. (4)
4. (1)
5. (5)
6. (3)
7. (3)
8. (5)
9. (3)
10. (4)
11. (1)
12. (3)
13. (3)
14. (3)
15. (2)
16. (2)
17. (2)
18. (2)
19. (4)
20. (4)
21. (5)
22. (2)
23. (1)
24. (2)
25. (5)
26. (3)
27. (1)
28. (3)
29. (3)
30. (1)
31. (2)
32. (5)
33. (4)
34. (1)
35. (3)
36. (2)
37. (2)
38. (5)
39. (3)
40. (1)
41. (1)
42. (3)
43. (4)
44. (3)
45. (5)
46. (5)
47. (4)
48. (4)
49. (5)
50. (3)

BANKING AWARENESS PRACTICE QUESTIONS

1. First Governor of RBI was – 
a) Hilton Young
b) Paul Samuelson
c) C.D.Deskmukh
d) O.A Smith
Ans. d) O.A Smith

2. At the time of nationalization who was the Governor of RBI-
a) O.A Smith
b) J.B Taylor
c) C.D. Deshmukh
d) K.C.Neogy
Ans. c) C.D. Deshmukh 

3. The RBI was nationalized in the year –
a)1949
b)1956
c)1959
d)1947
Ans. a)1949 

4. The general superintendence and director of the bank is entrusted to central board of directors of –
a)10 members
b) 20 members
c) 25 members
d)30 members
Ans. b) 20 members 

5. Paper currencies of our country are issued by RBI under –
a) Section- 22 of the RBI act -1934
b) Section- 24 of the RBI act -1934
c) Section- 28 of the RBI act -1934
d) None of these
Ans. a) Section- 22 of the RBI act -1934 

6. One rupee currency notes bear the signature of - 
a) PM
b) President of India
c) Governor of RBI
d) Finance Secretary of India
Ans. d) Finance Secretary of India

7. Ten rupees notes bear the signature of –
a) President
b) Finance Minister
c) Secretary of Ministry of finance
d) Governor of RBI
Ans. d) Governor of RBI

8. Which of the following is the banker of the banks –
a) IDBI
b) SBI
c) RBI
d)UTI
Ans. c) RBI 

9. In which of the following banks one can’t open a personal account –
a) Co-Operative Banks
b) Commercial banks
c) Regional Rural Banks
d) RBI
Ans. d) RBI

10. Which of the following banks is the banker to the government –
a) SBI
b) SEBI
c) RBI
d) IRDA
Ans. c) RBI 

11. Which of the followings are the function of RBI –
a) Regulation of currency and flowing of credit system
b) Maintaining exchange values of rupee
c) Formulating monetary policy of India
d) All of these
Ans. d) All of these

12. Credit rationing in India is done by –
a) SBI
b) LIC
c) UTI
d) RBI
Ans. d) RBI

13. The first bank of India was –
a) Bank of Hindusthan
b) Imperial Bank
c) Bank of Bengal
d) Oudh Commercial Bank
Ans. a) Bank of Hindusthan 

14. The first Indian fully liability and managed bank was –
a) PNB
b) Traders Bank
c) SBI
d) 0 Presidency Bank of India
Ans. a) PNB 

15. The rates at which the RBI extends credit to the commercial bank is called –
a) Bank Rate
b) Reverse Repo Rate
c)Interest Rate
d) None of these
Ans. a) Bank Rate 

16. In which of the following is not the any element of monetary policy of  RBI –
a) Bank rate
b) Open Market Operation
c) Public Expenditure
d) All of these
Ans. c) Public Expenditure 

17. 100 rupees note bears the signature of –
a) Governor of RBI
b) PM
c) Finance Secretary of India
d) Chairman of Finance Commission
Ans. a) Governor of RBI 

18. Which of the following is the last lender of the last resort of commercial bank-
a) SBI
b) Union Govt.
c) RBI
d) UTI
Ans. c) RBI 

19. The RBI is agent of central government and of all state government except –
a) Bihar
b) Goa
c) Jammu and Kashmir
d) Mizoram
Ans. c) Jammu and Kashmir 

20. Controller of credit of commercial banks in our country is –
a) RBI
b)SEBI
c) ICI
d)UTI
Ans. a) RBI 

21. The Banking Concept in India was first developed by –
a) British
b) French
c) Indian
d) None of these
Ans. a) British 

22. The rate at which RBI gives short term credit to the commercial banks against government securities with buy back provision is called –
a) Bank Rate
b) Repo Rate
c) Reverse repo rate
d) Interest rate
Ans. b) Repo Rate

23. The rate at which RBI takes loans from commercial banks is called –
a)  Repo Rate
b) Reverse Repo Rate
c) Bank Rate
d) Interest Rate
Ans. b) Reverse Repo Rate 

24. At present the Reverse Repo Rate of RBI is (As of 25th Nov) –
a) 8.25
b) 7.25
c) 7.50
d)8.50
Ans. d)8.50

25. Bank rate of RBI is also known as –
a) Interest Rate
b) Discount Rate
c) fed rate
d) bid rate
Ans. b) Discount Rate

26. Which of the following is not the any element of quantitative credit control policy of RBI –
a) CRR
b) SLR
c) Selective credit control
d) open market operation.
Ans. c) Selective credit control

27. At present CRR of RBI is –
a) 6%
b) 7.5%
c) 8.5%
d) none of these
Ans. a) 6%

28. The limitation of CRR of RBI is –
a)3-10 %
b) 3-15%
c) 15-38%
d) 10-25%
Ans. b) 3-15%

29. The apex organization of Indian money market is –
a)SBI
b) SEBI
c) RBI
d) IRDA
Ans. c) RBI

30. If the cash reserve is lowered by RBI, what will be its effect on credit creation –
a) Decrease
b) Increase
c) No Change
d) None of these
Ans. b) Increase

31. The expansion of money supply of an economy depends on –
a) The policy of CRR
b) The bank rate policy
c) Open market operation
d) All of these
Ans. d) All of these

32. Among the following who are eligible to benefit from the Mahatma Gandhi National Rural Employment Guarantee Act? –
a) Adult Members of only the scheduled caste and scheduled tribe holders
b) Adult of below poverty line household
c) Adult members of household of all backward community
d) adult members of any rural household
e) None of these
Ans. d) adult members of any rural household 

33. Which of the following banks merged with Punjab national banks in 1993 –
a) New bank of India
b) Central Bank of India
c) Imperial Bank of India
d) Common bank of India
Ans. a) New bank of India

34. A currency, the exchange values of which is expected to remain stable due to strong performance by it’s economy. This currency is –
a) Soft Currency
b) Hot currency
c) Fiat currency
d) None of these (Hard Currency)
Ans. d) None of these (Hard Currency)

35. The Reserve Bank of India issues under the following note issue method? –
a) Proportional Reserve System
b) Minimum Reserve System
c) Maximum Reserve System
d) Fixed Fiduciary System
Ans. b) Minimum Reserve System

36. What is a Scheduled Bank? –
a) A bank having Rs 10 Crore deposits
b) A bank having Rs 100 Crore deposits
c) A bank having Rs 5 Crore deposits
d) A bank included in the second schedule of RBI act 1934.
Ans. d) A bank included in the second schedule of RBI act 1934.

37. How many languages are used on a Ten Rupee note? –
a) 2
b) 7
c) 10
d) 15
e) 16
Ans. d) 15

38. The place where bankers meet and settle their mutual claims and accounts is known as –
a) Treasury
b) Clearing House
c) Dumping House
d) Collection centre
Ans. b) Clearing House

39. The largest Public sector bank in India –
a) SBI
b) PNB
c) RBI
d) ICICI
Ans. a) SBI

40. Which of the following is not the function of RBI –
a) Banker’s bank
b) Banker to public
c) custodian of foreign exchange
d) Bankers to Govt.
Ans. b) Banker to public

41. Who is responsible for the collection and publication of monetary and financial information-  
a) Finance Commission
b) Finance ministry
c) RBI
d) Auditor and Comptroller general of India
Ans. c) RBI

42. Which of the following regulatory authority  to oversee the new issues, protect the investment and investors, promote the development of Capital Market and regulate the working of Stock Exchange –
a) UTI b) IRDA
c) RBI
d) SEBI
e) None of these
Ans. d) SEBI

43. After a long span of 22 years, RBI released Rs.1000/- currency note for circulation in –
a) 2000
b) 2002
c) 2005
d) 2008
Ans. a) 2000

44. Regional Rural banks are working in all states of the country except –
a) Sikkim and Goa
b) Sikkim and Manipur
c) Manipur and Nagaland
d) Jammu and Kashmir
Ans. a) Sikkim and Goa

45. The National Housing Bank  is a subsidiary of –
a) RBI
b) NABARD
c) IDBI
d) UTI
Ans. a) RBI

46. At present the ceiling of Foreign Direct Investment (FDI) in insurance sector in India is –
a) 26%
b) 49%
c) 51%
d) 74%
Ans. a) 26%

47. Rs. 25 Paisa was ceased by the Govt of India on –
a) 30th june 2011
b) 30th July 2011
c) 1st January 2011
d) 1st July 2011
Ans. a) 30th june 2011

48. Initial Public Offering (IPO) is associated with –
a) RBI
b) Stock Exchange
c) IRDA
d) Indian Postal Service
Ans. b) Stock Exchange

49. The Basic regulatory authority for mutual funds and stock markets lies with the –
a) Government of India
b) Reserve Bank of India
c) Securities and Exchange Board of India (SEBI)
d) Stock Exchange
Ans. c) Securities and Exchange Board of India (SEBI)

50. Monetary policy Referes to the policy of –
a) Money Lenders
b) Government
c) Commercial Banks
d) RBI
Ans. d) RBI

Bank of Baroda Recruitment of Specialist Officers

Bank of Baroda (BOB)
Baroda Corporate Centre, Plot No. C-26, Block G, Bandra Kurla Complex,
Bandra (East), Mumbai - 400051

Bank of Baroda - Recruitment of Specialist Officer

Bank of Baroda (BoB), India's International Bank, looking for eligible candidates for following posts of Specialist Officers :

• Specialist Officers : 125 posts (UR- 63, OBC- 34, SC-19, ST-9) (PH-3) in MMG II Scale Rs. 19400 - 28100, Discipline : Security-15, Treasury/Forex-15, HR-40, Risk Management-10, Credit-25, Technical-20, Age : 21-37 years as on 01/05/2012., Experience : Minimum 3 years in relevant field.

How to Apply : Eligible candidates are advised to apply 'ONLINE' only at Bank of Baroda website from 01/05/2012 to 15/05/2012.

Please visit http://www.bankofbaroda.com/recruitment.asp  for detailed information, payment voucher and a link to Apply Online from 01/05/2012 onwards.

CURRENT AFFAIRS PRACTICE QUESTIONS

1.How many members are there in the committee which had been constituted to probe the charges against Justice Sen?
Three.The Committee comprising Hon’ble Justice B. Sudershan Reddy (Chairman), Hon’ble Justice T.S.Thakur and Shri Fali S. Nariman.
2. Who is Jehangir Sabavala?
Jehangir Sabavala (23 August 1922 – 2 September 2011) was an Indian painter.Padma Shri by the Government of India - 1977.
3.Which ministry has launched ‘Sukhi Griha Scheme’?
Ministry of Railways.To undertake slum dwellers' rehabilitation and resettlement in a planned manner. 
4.“Tin Bigha Corridor” is located between which country?
The Tin [or Teen] Bigha Corridor is a strip of land belonging to India on the West Bengal–Bangladesh border, which in September, 2011, was leased to Bangladesh so that it can access its Dahagram–Angarpota enclaves.
5.What is ‘Dreamliner’?
nickname of Boeing’s 787 Aircraft.
6.‘Brio’ is the latest car launched by which company?
Honda.
7.Who is appointed as the head of Telecom equipment maker Nokia Siemens Networks (NSN) of India business?
Sandeep Girotra.
8.‘Aviator’ scooter is the latest version scooter by which company?
Honda Motorcycle & Scooter India Pvt. Ltd.
9.'Bharat Bike’ is manufactured by which company?
Bajaj.
10.Japanese car-maker Toyota, has a joint venture in India with which company?
Kirloskar Group.
11.‘Sampur Power Plant’ is a joint venture between which two country?
India & Sri Lanka.
12.“Janam Bhoomi Gaurav” is name of :
a tourist Train.
13.Who was the head of the committee, which found Justice Sen. guilty of breach of trust and misappropriation of the receiver's funds for personal gain?
Justice A.P. Shah.
14. Where the meet of Health Ministers of 11 countries from World Health Organization (WHO) South East Asia Regions (SEAR) was recently held on?
Jaipur.
15.Recently India lost hosting rights of 2011 Men’s Champions Trophy, now it will held in:
South Africa.
16.United Nations Conference on Trade and Development (UNCTAD) has highlighted India as a shining star, projecting an economic growth of 8.1 per cent — the fastest rate of expansion in the world after which country?
China.
17.High-level government committee ruled out pooling of natural gas prices, stating that pooling of natural gas prices is not feasible.Who is the chief of the Committee?
Saumitra Chaudhari.
18.‘Lauretta’ is latest car launched by which company?
Skoda.
19.Who won the men’s marathon world championships 2011?
Abel Kirui.
20.Who is the Chairman of Force India F1 or Force India Formula One Team Limited?
Vijay Mallya.
21.Recently which of the following terrorist organization has warned that they would target major High Courts and the Supreme Court of India?
Harkat-ul-Jihad.
22.Who is the first Indian-American ever to be elected Governor of a U.S. state?
Piyush Boby Jindal.
23.India is the second largest telecommunication network in the world in terms of number of wireless connections after which country?
China.
24.Which of the following state government has formulated an action plan to achieve total literacy by 2013 in addition to the Sakshara Bharathi scheme launched by the Centre to improve the literacy rate in the State?
Andhra Pradesh.
25.Leading water innovators, policy makers, academics, researchers, investors, thinkers, catalysts, technocrats and entrepreneurs from across the globe will congregate in:
Bengaluru.
26.Recently which of the following country’s plane (Yak-42) carrying the Lokomotiv ice hockey team has crashed immediately after taking off from an airport?
Russia.
27.Which of the following Indian-American is the Governor of South Carolina in the U.S?
Nikki Haley.
28.The Commonwealth Youth Games are a small-scale version of the Commonwealth Games, designed for the youth of the 71 Commonwealth countries. Fourth Commonwealth Youth Games will be held at:
Isle of Man.
29.Indian boys have been clubbed with Tunisia, Greece, Estonia, Ukraine, Puerto Rico, Sri Lanka, South Korea and Slovenia in Group ‘A' in the World Youth 3x3 basketball championship to be held in:
Italy.
30.S.J. Mukhopadhaya who has been appointed as a Supreme Court judge by President Pratibha Patil along with four others, was earlier the Chief Justice of :
Karnataka High Court.
31.Who is the current Chief Justice of the Karnataka High Court?
Vikramajit Sen.
32.Which of the following state government has launched a scheme to distribute laptop to government and aided higher secondary school and college students?
Tamil Nadu.
33.Vandana Shiva is famous:
ecologist.
34.Which of the following states has launched rural tourism scheme “Har Gaon Ki Kahani”?
Himachal Pradesh.
35.Which of the following countries has won Asian Champions Trophy hockey tournament in Ordos (China)?
India.
36.To protect newborns and mothers ‘Janani Shishu Suraksha Yojna’ was launched all over the country by United Progressive Alliance chairperson Sonia Gandhi in which of the following states?
Haryana.
37.In the first public-private participation in the defense sector, Nikhil Gandhi-owned Pipavav Defense and Offshore Engineering Company have entered into a joint venture with which of the following state-run Shipyard Company?
Mazagon Dock Limited.
38.Scientists at the GB Pant Institute of Himalayan Environment and Development have discovered two new species of fish in Senkhi stream and Dikrong River of:
Arunachal Pradesh.
39.Which of the Indian cricket players have won the ‘Spirit of Cricket Award' at the annual International Cricket Council (ICC) awards function in London?
M.S Dhoni.
40.Which country has recently seeked Indian medical aid to fight dengue?
Pakistan.
41.Hindi day is celebrated on which of the following day?
14 Sep.
42.Global leader and U.S.-based technology services provider CSC has announced the acquisition of which of the following testing solutions company?
AppLabs Technologies.
43.Which Steel Company has announced a major five-year improvement programme for its Ijmuiden steelworks in the Netherlands that is designed to sustain the plant's potential to be a world-class steelmaker?
Tata Steel.
44.Which multinational technology corporation announced that it has partnered Google for accelerating its entry into the Smartphone market by the first-half of 2012?
Intel.
45.Jain Irrigation in partenership with which company has launched Project ‘Unnati', a unique partnership with farmers to demonstrate and enable adoption of ultra-high density plantation (UHDP) practice for mango cultivation?
Coca Cola India.
46.A car will be representing the country as India's most efficient solar car in the “World Solar Challenge 2011” to be held in October in Australia. The car has developed by which  college/Universities engineering students?
Delhi Technological University.
47.Which mobile company has over 28 per cent market share (on value terms) in the mobile handset market and is the second largest player?
Samsung.
48.The world's largest bank by profit, balance sheet as well as market value, the Industrial & Commercial Bank of China (ICBC), has opened its first branch in which  city of India?
Mumbai.
49.The plant with a capacity of 300 tones a day, will supply liquid oxygen, nitrogen and argon to customers in the Maharashtra and Gujarat. Which company has planed to construct a new air separation plant in the Pune-Mumbai industrial corridor?
Praxair India.
50.A leader in disaster recovery management software has announced its partnership with iValue Infosolutions, as a value-added distributor?
Sanovi.
51.Which banks has started operations in Andaman Nicobar archipelago with its first branch in Port Blair?
HDFC.
52.Who is  the Chairman and Managing Director of Nuclear Power Corporation of India Limited (NPCIL)?
Shreyans Kumar Jain.
53.Which  country has won the Asian Champions Trophy 2011?
India.
54.Which retailer company has joined hands with the Himachal Pradesh Government for a strategic partnership to promote ‘Brand Himachal’?
Future Group.
55.Who is the current Chairman of Indian Atomic Energy Commission?
Srikumar Banerjee.
56.Who is the current President of Federation of Indian Chambers of Commerce and Industry (FICCI)?
Harsh Mariwala.
57.NTPC has already signed preliminary agreements with which  state governments for the execution of four coal-based power projects with a combined capacity of over 8,300 MW
Jharkhand and Chhattisgarh.
58.Which IT firm has been roped in by Deutsche Bank to provide software solutions to the financial services firm's capital markets business unit?
TCS.
59.Michael Nobbs is coach of Indiam men's hockey team. He hails from:
Australia.
60.The Railways has constituted a High-level committee on safety to recommend ways to modernize tracks, signaling, rolling stock and stations. Committee is headed by:
Sam Pitroda.
61.Who is the current chairman of Indian Atomic Energy Commission (AEC)?
Sri Kumar Banerjee.
62.“Pakistan: A Personal History” is the book which wrongly showed Pakistan-occupied Kashmir shaded in the same color as that of Pakistan. This book is written by:
Imran Khan.
63.Which airlines company has announced the extension of its short-term promotion scheme, Silver and Platinum Pass, aimed at providing air travel at competitive and affordable rates?
Air India.
64.The fourth, 2012 ICC World Twenty20 international cricket tournament will be held in which  country?
Sri Lanka.
65.Which states has become the first state in the country to launch the ‘My Stamp’ program which allows people to get stamps with their photographs on it?
Jammu & Kashmir.
66.Union Minister of State for Communications and IT has released the ‘Text-to-Speech' (TTS) software for six Indian languages that will help convert text into human voice. This is available in Hindi, Bengali, Marathi, Tamil, Malayalam, and:
Telugu.
67.American multinational conglomerate 3M, which was earlier known as the Minnesota Mining and Manufacturing Company, announced the launch of its second research and development facility in:
Bengaluru.
68.Who has been appointed as the new President of Manufacturer's Association of IT Industry (MAIT)?
Alok Bharadwaj.
69.Which  Life Insurance company has launched a range of term plans under the umbrella of ‘iSecure’?
Bajaj Allianz Life Insurance.
70.The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs. 399.22 crore to which State governments under RIDF-XVII for ‘Indira Jala Prabha'?
Andhra Pradesh.
71.Which National award-winner Malayalam film, has been nominated as India's official entry for the coming Oscar Academy Awards?
Adaminte Makan Abu.
72.SLINEX-II "the largest joint naval exercises was conducted between:
India and Sri Lanka.
73.The Indian government has gifted 1,250 computers and peripherals to the schools of which country?
Sri Lanka.
74.Which states of India has the highest number of people who smoke, but less of those who use smokeless tobacco?
Jammu & Kashmir.
75.Hinduja Group flagship company Ashok Leyland is contemplating to come out with a passenger version of its light commercial vehicle “Dost” in association with:
Nissan.
76.Indian women won the three-match football series against which country?
Bahrain.
77.Which automobile company has launched the automatic transmission (AT) version of its premium SUV Santa Fe?
Hyundai Motors India Ltd.
78.World Tourism Day is observed on:
27th September.
79.Recently which organization has been awarded carbon credits worth Rs.47 crore by the United Nations for reducing green house gas emissions?
Delhi Metro.
80.Ellen Jonson Sirleaf who has been conferred Noble Peace Prize 2011, is associated with which of the following fields?
Women empowerment.