Written Stage: Multi choice Questions (MCQs)
Section
|
2011,2012
|
2013 (online test)
|
1.
Reasoning
|
50
|
50
|
2.
English
Language
|
50 Qs x 0.5=25 marks
|
40
|
3.
Quantitative
Aptitude (Maths + DI)
|
50
|
50
|
4.
General
Awareness (+ Banking Awareness)
|
50
|
40
|
5.
Computer
Knowledge
|
50
|
20
|
Descriptive Paper of
English
|
25
|
-removed-
|
Total Marks
|
250
|
200
|
Time-limit (minutes)
|
150 for MCQ+60 for descriptive
|
120
|
- Sectional cutoff? = yes
- Negative marking?= yes, Minus 0.25% per wrong answer.
Interview stage
- Minimum qualifying marks in interview =40% for general
and 35% for SC/ST/OBC/PWD candidates).
- The weightage (ratio) of Written: interview = 80:20
IBPS:
High priority topics
In the game of chess, if you try to defend every piece, you’ll end
up losing every piece. Competitive exams are no different. So in the first
round of preparation, you try to get a steel grip over following topics.
|
Section
|
High priority area
|
Revision Essential
|
1.
General Awareness
|
1.
Banking
awareness theory
2.
Economy
current affairs
|
2.
Computer
|
1.
MS
Office 2007 (or 2010 or 2013)
2.
internet
related topics
|
Practice Essential
|
3.
Reasoning
|
1.
High
level reasoning (Syllogism + assumption/inference)
2.
Sitting
arrangement
|
4.
Quantitative aptitude
|
1.
BOSMAS/simplification
2.
Data
interpretation (DI)
|
5.
English
|
1.
Grammar
rules + Sentence correction
2.
Daily
practice of comprehension + sentence arrangement.
|
Uske baad, you venture into other areas to enhance your preparation
further. In this article, we see the approach for two sections
1.
General Awareness +
Banking awareness
2.
Computer Awareness.
Remaining sections, dealt in separate articles.
General
Awareness + Banking Awareness
IBPS CWE PO/MT Exam of
|
2011
|
2012
|
Banking
|
Banking Theory
|
18
|
15
|
Banking Current Affairs
|
4
|
6
|
Banking Subtotal
|
22
|
21
|
Economy
|
Economy Theory
|
2
|
4
|
Economy Current Affairs
|
9
|
7
|
Economy Subtotal
|
11
|
11
|
IA
|
International Current Affairs
|
4
|
5
|
Polity
|
Polity Current Affairs
|
2
|
3
|
Current Affairs (IA+Polity)
|
6
|
8
|
Misc.GK
|
Misc.PIN
|
6
|
3
|
Misc.Sports
|
2
|
4
|
Misc.Books-Authors
|
1
|
1
|
Misc.filler (Census, Geography, Nuke Reactors, Defense etc.)
|
2
|
2
|
Misc.GK subtotal
|
11
|
10
|
Total
|
50
|
50
|
Each year, more than 30 out of 50 questions came from (Banking +
Economy) only. Hence Priority order for study:
1.
Banking: and within
banking: Theory >> Current
2.
Economy: and within
Economy: Current >> Theory
#1:
Banking Awareness (Theory)
1.
Any one Book on Banking
awareness (theory) Topics
BOOK
|
MY REVIEW/COMMENT
|
|
- Cheap, reliable work horse.
- Not updated after 2009 (only reprinted), but for IBPS
level theory, its coverage is sufficient and you can always google for
any latest happenings.
- Doesn’t contain practice MCQs. (Although doesn’t
matter because you’ll be using a separate book on papersets anyways)
|
|
- Written for JAIIB/CAIIB type exams,
printing-structure-explanation is professional grade.
- Few MCQs after each chapter.
- Doesn’t burden you with lot technical-legal aspects,
sticks to conceptual clarity.
- Not updated after 2008, just reprinted.
|
|
- Written for JAIIB/CAIIB type exams.
- Most updated information about banking topics, among
the given books. (36th Edition
released in Jan 2013).
- But also burdens you with many technical-legal
aspects that are not much relevent from IBPS exam point of view.
- Contains more MCQs than previous book by IIFB.
|
If you have any similar book from Arihant Publication, Kiran
Prakashan etc. that is also fine. All these books have overlapping
content. Remember that you’ve to finish the topics, not the ‘books’.
3.
Anyone BankPO Paperset for
practicing the MCQs
iii.
If you’ve paper set from
any other publication, that’ll also work just fine.
Minimum
Topics from Banking theory
You’ll have to face banking awareness, not only at the MCQ-stage
but also during interview stage. Here is the list of Minimum Topics to be
prepared. Don’t do Ph.D on any topic, just get an overview from MCQ point of view.
(same advice for all the topics listed in this entire article)
1.
Origin
of RBI. Who is the current governor, whom did he replace?
2.
RBI
vs SEBI vs IRDA: Name of their main bosses, Who controls what? NBFCs, MFI,
Gold Loans, ULIP, Mutual funds etc.
3.
powers
functions of RBI
4.
How
does RBI control the money supply?
5.
Open
market operations, MSF, liquidity adjustment facility
6.
SLR,
CRR, Repo, Reverse repo, bank rate
7.
Priority
sector lending: and its subsectors. How do they apply to Domestic bank vs
foreign bank?
8.
Currency
chest, Mint and press. Who signs coins and currency?
9.
Measures
of money supply
10.
Foreign
exchange management, components of forex reserves, approx. forex under RBI.
Powers under FERA/FEMA, Tarapore Committee on capital account convertibility
11.
Banking
regulation act and its recent amendment
12.
Banking
reform, Banking License, Narsimhan, BASEL.
|
1.
What
is bank? What are its functions? how is it different from an
NBFC/NBFC-factor, Post-office savings, Chit Fund, Nidhi etc?
2.
Types
of banks: commercial banks, regional rural banks, cooperative banks,
investment banks, development banks etc.
3.
What
is a Scheduled commercial bank?
4.
Public
sector versus private sector banks. Where does RTI apply?
5.
IDBI,
ICICI, IFCI, SIDBI, EXIM, NHB etc.
6.
Bank
nationalization, mergers and consolidations.
7.
Names
of chairman/CMD of big banks.
8.
Basic
GK related to banks: first commercial bank in India, first bank setup by
Indians, origin of SBI/ICICI, subsidiaries of SBI, etc.
|
1.
Assets, liabilities and
working capital of a bank.
2.
Demand liabilities vs
time liabilities
3.
Banker’s rights (lien).
Know your customer (KYC) norms, Adhar Card enabled payment, Money laundering,
Benami transections
4.
Types of Bank customers
and provisions related to them:
1.
Minor-Guardian,
partnership firms
2.
HUF and karta
3.
NRI, PIO
4.
joint account holders
5.
Married Women
6.
partnership firm
accounts
7.
public/private companies
8.
trusts and cooperatives
5.
Types of bank accounts
and their features:
1.
current account, savings
account
2.
term deposit account,
fixed deposit,
3.
PPF, senior citizen’s
account
4.
NRE-rupee account, FCNR
account, RFC, EEFC, escrow account
5.
Allied topic: post
office savings account and National savings certificate
6.
Unclaimed/dormant
accounts, RBI provision for them, Death of customer, insolvent customer,
liquidation, Garnishee orders
7.
Types of negotiable
instruments: bank draft, bank check, promissory note, warehouse receipt,
Treasury bills etc.
8.
Cheque:
1.
order/bearer/travel/bankers
cheque
2.
endorsement,
cheque-crossing,
3.
post-dated cheque, what
if cheque-date is invalid (31st Feb) or holiday (2nd Oct)?
4.
when Bank should not
pay, cheque-dishonor (cheque-bouncing)
5.
MICR, Cheque truncation,
new CTS-system
6.
Note refund rule, clan
note-policy
9.
demand drafts,
telegraphic transfers, safe deposit lockers
10.
ATM: PIN, HWAK, White
Label ATM, third party ATM
11.
Debit card, credit card,
smart card
12.
Mobile Banking, personal
banking, tele-banking, corporate banking
13.
Online banking:
1.
NEFT, RGTS, EFTS,
Bankwire, E-commerce
2.
networking among banks:
INDONET, BankNET, RBINET, SWIFT, Point of Sale (POS) terminal
3.
core-banking solutions
4.
Electronic signature and
Information Technology Act
14.
Loans
1.
different type of loan products,
2.
Subprime lending
3.
mortgage, reverse
mortgage, collaterals, stamp duty on loan documents
4.
lien, set-off
5.
Priority sector lending:
and its subsectors. How do they apply to Domestic bank vs Foreign bank?
15.
bank guarantee, letters
of credit
16.
Banking Ombudman: powers
functions, appeal structure and Consumer courts
17.
Bancassurance,
cross-selling, universal / narrow / retail banking
1.
RBI vs NABARD
2.
Rural infrastructure
development fund (RIDF) and budget-2013 allocation for RIDF
3.
financial inclusion and
various government schemes associated with it (covered in my economic survey
summaries, available on mrunal.org/economy)
4.
regional rural banks,
their amalgation
5.
cooperative banks
6.
micro-finance
institutions (MFI)
7.
primary agricultural
credit Society
8.
Banking correspondent
agents (covered in my article)
9.
lead bank scheme, local
area banks, service area approach
10.
Kisan credit card,
interest subvention on crop-loans
^Almost all of these topics have been covered in my articles on
Mrunal.org/Economy
1.
What
is NPA?
2.
Gross
NPA versus net NPA
3.
Asset
classification under NPA (substandard/doubtful/loss)
4.
Current
figure of NPA? Which bank has highest NPA?
5.
Capital
adequacy norms, hypothecation
6.
CIBIL
and credit rating
7.
SARFAESI
Act and its recent amendment
8.
asset
reconstruction companies
9.
Debt
recovery tribunals.
10.
Lok
Adalats
11.
Industrial
sickness
12.
Board
for industrial and financial Reconstruction
|
1.
Bretton
Woods
2.
World
Bank
3.
IMF:
SDR, voting rights
4.
Who
is the Main boss of IMF, World Bank, ADB?
5.
BASEL
6.
bank
for International settlement
7.
Asian
clearing union
8.
Islamic
Banking
9.
ADR,
GDR, IDR
|
Again, most of these topics have been covered in my articles on
Mrunal.org/Economy
Sample
questions from previous papers
Observe the following questions asked in previous IBPS PO papers,
it’ll give you an idea on what kind of information you should be focusing on,
while reading the banking awareness theory.
Q. RBI related
1.
Which
of the following is a correct statement?
a.
State
Bank of India is the sole authority to issue and manage currency in India.
b.
A
nationalised bank is the sole authority to issue and manage currency in
India.
c.
A
cooperative bank is the sole authority to issue and manage currency in India.
d.
RBI
is the sole authority to issue and manage currency in India. None of these
2.
By
increasing repo rate, the economy may observe the following effects:
a.
Rate
of interest on loans and advances will be costlier
b.
Industrial
output would be affected to an extent
c.
Banks
will increase rate of interest on deposits
d.
Industry
houses may borrow money from foreign countries
e.
All
of these
|
3.
Which
of the following is NOT a function of the Reserve Bank of India?
a.
Fiscal
Policy Functions
b.
Exchange
Control Functions
c.
Issuance,
Exchange and destruction of currency notes
d.
Monetary
Authority Functions
e.
Supervisory
and Control Functions
4.
Interest
payable on savings bank accounts is
a.
Not
regulated by RBI.
b.
Regulated
by State Governments.
c.
Regulated
by Central Government.
d.
Regulated
by RBI.
e.
Regulated
by Finance minister.
|
Q. Bank Nationalisation / types of banks related
5.
Nationalization
of banks aimed at all of the following except
a.
Provision
of adequate credit foragriculture, SME & exports
b.
Removal
of control by a few capitalists
c.
Provision
of credit to big industries only
d.
Access
of banking to masses
e.
Encouragement
of a new class of entrepreneurs
|
6.
Axis
Bank is a
a.
Public
Sector bank
b.
Private
Sector Bank
c.
Co-operative
Bank
d.
Foreign
Bank
e.
Gramin
Bank
|
Q. Banking services
1.
Which
of the following statements is true?
a.
Banks
cannot accept demand and time deposits from public.
b.
Banks
can accept only demand deposits from public
c.
Banks
can accept only time deposits from public
d.
Banks
can accept both demand and time deposits from public.
e.
Banks
can accept demand and time deposits only from government.
2.
With
reference to a cheque which of the following is the ‘drawee bank’?
a.
The
bank that collects the cheque
b.
The
payee’s bank
c.
The
endorsee’s bank
d.
The
endorser’s bank
e.
The
bank upon which the cheque is drawn
|
3.
Which
one of the following is a retail banking product?
a.
Home
Loans
b.
Working
capital finance
c.
Corporate
term loans
d.
Infrastructure
financing
e.
Export
Credit
4.
A
money deposit at a bank that cannot be withdrawn for a preset fixed of time
is known as a
a.
Term
deposit
b.
Checking
Account
c.
Savings
Bank Deposit
d.
No
Frills Account
e.
Current
Deposit
|
Q. online banking related
1.An ECS transaction
gets bounced and you are unable to recover your money from your customer.
Under which Act criminal action can be initiated?
a.
Indian
Penal Code
b.
Negotiable
Instruments Act
c.
Criminal
Procedure Code
d.
Payment
and Settlements Act
e.
Indian
Contract Act
|
2.
Upper
limit prescribed for RTGS transaction is
a.
Rs.
1 lac
b.
Rs.
2 lacs
c.
Rs.
5 lacs
d.
Rs.
50 lac
e.
No
upper limit is prescribed
3.
NEFT
means
a.
National
Electronic Funds Transfer system
b.
Negotiated
Efficient Fund Transfer System
c.
National
Efficient Fund Transfer Solution
d.
Non
Effective Funds Transfer System
e.
Negotiated
Electronic Foreign Transfer System
|
Q. ombudsman related
1.
Mr.Rajendra
had filed a complaint with Banking Ombudsman but is not satisfied with the
decision. What is the next option him for getting his matter resolved?
a.
Write
to the CMD of the Bank
b.
File
an appeal before the Finance Minister
c.
File
an appeal before the Banking Ombudsman again
d.
File
an appeal before the Dy. Governor RBI
e.
Simply
close the matter as going to court involves time and money
|
2.
Banking
Ombudsman Scheme is applicable to the business of
a.
All
scheduled commercial banks excluding RRBs
b.
All
scheduled commercial banks including RRBs
c.
Only
Public Sector Banks
d.
All
Banking Companies
e.
All
scheduled banks except private banks
|
#2:
Banking Awareness (Current Affairs)
for this, you’ve to keep an eye on the newspapers + monthly
current affairs in magazines. Main focus areas:
1.
RBI’s monetary policy
and key rates
2.
Any committee made by
RBI/government for banking sector. Who is its chairman and what is the purpose?
3.
Any new directives to
banks by RBI/Finance Ministry
4.
Person in News: Any new
appointments in RBI/Big Banks, Any Indian being appointed in foreign banks
5.
Banking license, entry
of foreign banks.
6.
When a big bank launches
a new product
7.
Government schemes
associated with financial inclusion/pension/insurance: swabhiman,
swavalamban etc.
Important: Whenever you come across above info, Note them in a separate
diary/file and revise multiple times.
Observe the sample questions from previous IBPS PO exams, this
will give you an idea on what type of information to focus on, while reading
current affairs.
1.
Finance
Ministry has asked the Reserve Bank of India to allow common ATM’s that will
be owned and managed by non-banking entities hopping to cut transaction costs
for banks. Such ATM’s are known as
a.
Black
Label ATM’s
b.
Offsite
ATM’s
c.
On
site ATM’s or red ATM’s
d.
Third
party ATM’s
e.
White
label ATM’s
2.
The
committee on review of National Small Saving Fund (NSSF) was headed by
a.
Dr.
C. Rangarajan
b.
Mr.
U.K. Sinha
c.
Dr.
Y.V. Reddy
d.
Mrs.
Shyamala Gopinath
e.
Dr.
Usha Thorat
3.
Who
is the chairman of the committee constituted by RBI to study Issues and
Concerns in the Micro Finance Institutions (MFI) Sector?
a.
YH
Malegam
b.
Dr
KC Chakraborty
c.
C
Rangrajan
d.
M
Damodaran
e.
Smt
Usha Thorat
4.
Which
of the following states became the first state in the country to launch RBI’s
e-payment system for commercial tax payers?
1.
Andhra
Pradesh
2.
Kerala
3.
Gujarat
4.
Maharashtra
5.
Karnataka
|
5.
As
per revised RBI Guidelines, Provision on secured portion of loan accounts
classified as Doubtful Assets for more than one year and upto 3 (three) years
is to be made at the rate of
a.
15%
b.
20%
c.
40%
d.
25%
e.
30%
6.
Which
of the following banks is headed by a woman CEO
a.
Bank
of Baroda
b.
HDFC
Bank
c.
Central
Bank of India
d.
Punjab
National Bank
e.
ICICI
Bank
7.
Who
among the following has been appointed as a director on board of Bank of
America-the first non-American on the board of the one of the largest
financial institutions in the world?
a.
Azim
Premji
b.
Ratan
Tata
c.
Mukesh
Ambani
d.
KV
Kamath
e.
Chanda
Kochar
|
Enough of Banking awareness, let’s move to next topic:
Although in previous IBPS exams, within economy they gave more
emphasis on current affairs over theory portion. But still, You must get a good
grasp over basic concepts of economy. Because of following reasons
1.
For the interview /
group discussion stage of banks/IIMs/State PCS/UPSC exam, you’ll have to
prepare current affairs related to Economy, particularly downfall of rupee,
current account deficit, petroleum pricing, FDI etc.
2.
For that ^that, you’ll
have to read newspapers and news columns, but those people write articles with
assumption that reader already knows the basic theory! So, if you don’t know
the theory, you’ll find those articles boring/difficult to grasp=> shallow
answers during interview/GD=low marks=no selection or lower rank.
Source:
2.
NCERT Textbooks (click
to download for free)
4.
Google as and when
necessary.
Here is the list of minimum topics that should be prepared from
Economy Theory / static portion
1.
Basic
terms: GDP, NDP, GNP, NNP, recession, purchasing power parity etc.
2.
Three
types of Economies: Capitalism, Socialist, communism + LPG reforms of India
3.
human
development index
4.
millennium
development goals
|
1.
Planning
commission, National development Council, five-year plans, main targets of 12
five-year plan.
2.
14th
Finance commission and who is its chairman?
3.
Inflation:
types, impact, various terms associated with inflation WPI, CPI, their new
series, who calculates what?
4.
IIP,
industrial licensing, definition of MSME, items reserved for SSI,
5.
public
sector undertaking, disinvestment
|
1.
Money
market vs capital market: functions, who supervises them?
2.
Commercial
bills, Treasury bills, certificate of deposit, commercial paper
3.
Derivatives,
options-futures, currency swaps,
4.
underwriting,
factoring
5.
debt
vs equity: IPO-shares, stocks, debentures, bonds, mutual funds (+NAV), G-sec
6.
venture
capital, angel investor
7.
SEBI:
functions, who is their main boss?
8.
Stock
Exchange: BSE, NSE, SENSEX, Dollex etc.
9.
Credit
rating: CRISIL, Moody, S&P etc.
10.
participatory
notes, QFI, FII
11.
FDI
and its limits in various sectors, FIPB
12.
PAN
card and DEMAT account
13.
external
commercial borrowing (ECB), ADR, GDR, IDR
|
1.
Taxation:
a.
direct
vs indirect. taxation powers of union and state
b.
tax
deduction at source
c.
tax
slabs
d.
negative
list in service tax
e.
PAN
Card, E-filling of tax returns
f.
Basics
of VAT, GST
2.
types
of budgets: surplus, deficit, balanced
3.
votable
vs non-votable items
4.
Finance
Bill and appropriation Bill
5.
cut
motions: policy cut, economy cut, token cut
6.
general
budget versus railway budget
7.
revenue
versus capital expenditure
8.
standing
committees of Parliament
9.
types
of deficits, FRBM targets
10.
fiscal
deficit and its impact on economy
11.
Consolidated
fund, contingency fund, public account
|
1.
Types
of insurance
2.
Nationalization,
LIC, GIC etc.
3.
IRDA:
chairman, power-functions
4.
NPS,
EPFO, ESIC, social security
5.
pension-insurance
reforms, FDI
6.
Bancassurance
|
1.
current
account, capital account, balance of trade, balance of payment
2.
rupee
convertibility
3.
currency
devaluation, appreciation
4.
GATT,
WTO
5.
FERA,
FEMA
6.
NEER,
REER
|
Sample questions from previous papers
1.
Financial
inclusion means provision of
1.
Financial
services, namely, payments, remittances, savings, loans and insurance at
affordable cost to persons not yet given the same.
2.
Ration
at affordable cost to persons not yet given the same.
3.
House
at affordable cost to persons not yet given the same.
4.
Food
at affordable cost to persons not yet given the same.
5.
Education
at affordable cost to persons not yet given the same.
2.
When
the rate of inflation increases
1.
purchasing
power of money increases
2.
purchasing
power of money decreases
3.
value
of money increases
4.
purchasing
power of money remains unaffected
5.
amount
of money in circulation decreases
|
3.
When
there is a difference between all receipts and expenditure of the Govt. of
India, both capital and revenue, it is called
1.
Revenue
Deficit
2.
Budgetary
Deficit
3.
Zero
Budgeting
4.
Trade
Gap
5.
Balance
of payment problem
4.
Which
of the following is not considered a money market instrument?
A.
Treasury
bills
B.
Repurchase
Agreement
C.
Commercial
Paper
D.
Certificate
of Deposit
E.
Shares
and bonds
|
^as you can see, from theory very easy questions have been asked.
Hence just get an overview, don’t spend too much time on Economy theory
portion. Now moving to:
#4:
Economy: Current Affairs
- Main focus should be on Union Budget 2013 + Economic
survey.
- The summary of all Economic survey chapters=available
on Mrunal.org/economy. And in those summaries, I’ve also included various
government schemes, organizations, even the Human development index.
Budget-2013
|
“Numbers” related to Economy
|
For Budget-2013, you don’t have to prepare each and everything,
just focus on following areas
1.
Chindu’s
Budget speech: (click me). look for major announcements e.g. We are working with RBI and NABARD to
bring all other banks, including some cooperative banks, on Core Banking
solution and e-payment systems by 31.12.2013.
3.
Income
tax slabs
4.
peak
rates of excise, service tax and custom duty
5.
Negative
list of Service tax.
|
For “Numbers”, prepare
following
1.
latest
Estimates of GDP
2.
IIP,
WPI, CPI: highest lowest in recent times.
3.
Repo
rate, CRR, SLR, Bank rate: highest lowest in recent times.
4.
Rupee
vs dollar: highest lowest in recent times.
5.
fiscal
deficit, current account deficit
6.
latest
FDI limits in various sectors
7.
top-5
items in export and import
8.
excise,
service tax, income tax, custom duty (highest to lowest in terms of income to
government)
|
For remaining current affair related matters e.g. US/EU economic
problems, measures taken by government to boost investment/GDP, curb current
account deficit / gold consumption etc.
1.
Economy section under
any one Monthly current affairs magazine AND/OR
2.
economy related news
within monthly updates of Competitionmaster.com
3.
+keep a habit of reading
English newspaper on daily basis, it’ll help you in reading comprehension,
general awareness and interview.
Observe the sample questions from previous IBPS PO exam, it will
give you an idea of what type of information you should be focusing on, while
reading magazine/newspaper for economy current affairs.
Q. US/EU related
Almost all the major economies of the world had reacted sharply on
the issue of the USA’s ceiling limit on its debt. Why was the issue so
important for other nations, which otherwise was an internal matter for the
USA?
1.
The Senate’s decision on
the issue might have caused the US dollar to weaken further or get strengthened
in international markets.
2.
Weakening of the dollar
might have pushed up Euro and other major currencies up and some European
countries which were already in trouble would have faced a new crisis.
3.
Debt limit was directly
related to liquidity position of banks in USA.
answer choices
a.
Only (A)
b.
Only (B)
c.
Only (A) and (B) both
d.
Only (B) and (C) both
e.
All (A), (B) and (C)
Q. Foreign Trade related
1.
The
present Foreign Trade policy of India will continue till
A. December 2012
B. March 2013
C. March 2014
D. June 2013
E. December 2014
|
The Govt. of India
recently decided to lift the four-years- old ban on export of wheat. What was
the reason for the same?
A. India had a bumper crop of wheat during last
two years. Hence it has excess stock of wheat.
B. As per the Food Security Act, India is bound
to provide 10 million tones of wheat to World food grain stock every year.
India defaulted last year. This year it does not want to be one.
C. As advised by the Supreme Court of India, the
money received from export should be used to pay subsidy to the farmers.
Answer Choices
a.
Only(B)
b.
Only
(A)
c.
Only
(C)
d.
Both
(A) and (B)
e.
All
(A), (B) and (C)
|
Q.Govt schemes
1.
Which
of the following schemes of the Govt. of India has provided electrically to
99000 villages and total 1.7 crore households uptill now?
A. Kuti Jyoti
B. Rajiv Gandhi Grameen Vidyutikaran Yojana
C. Bharat Nirman
D. PURA SEWA
|
2.
Which
of the following schemes is launched to provide pension to people in
unorganized sectors in India?
A. Swabhiman
B. Jeevan Dhara
C. Jeevan Kalyan
D. ASHA
E. Swavalamban
|
Q. Government Policies to boost investment/GDP
2.
The
Govt. of which of the following states has agreed to give captive mines of
iron- ores to all the companies who are willing to establish plants there?
A. West Bengal
B. Odisha
C. Jharkhand
D. Bihar
E. Karnataka
3.
POSCO
is in the process of establishing its plants in India. What does the letter
‘P’ denote in the name POSCO?
1.
Popular
2.
Pallin
3.
Pohang
4.
Paradeep
5.
Peterburg
|
5.
In
order to attract more foreign exchange the Govt. of India decided to allow
foreign investment in LLP firms. What is full form of “LLP” as used in this
reference?
1.
Local
Labour Promotion
2.
Low
Labour Projects
3.
Limited
Loan Partnership
4.
Longer
Liability Partnership
5.
Limited
Liability Partnership
|
Enough of Economy, let’s move to next topic.
#5:
International Affairs (IA)
For CDS, CAPF, IBPS= “international-affairs’ is a common topic.
Even at interview stage, you might come across questions from here. The Cost:
benefit is quite good, if you focus on the right areas.
Although IA+Polity current had less questions than Misc.GK in
previous IBPS PO Exams, but I put them at higher place in this priority order.
Why?
1.
The cost: benefit of
IA+Polity current is higher than Misc.GK (in terms of amount of data to be
memorized, to solve one MCQ in the actual exam.)
2.
You’ll have to prepare
current affairs related to IA+Polity for the interview anyways, while Misc.GK
loses significance @interview stage.
4.
International Affairs
section under any one Monthly current affairs magazine (PRatiyogita, CST etc)
AND/OR
5.
Monthly updates of
Competitionmaster.com
6.
+keep a habit of reading
English newspaper on daily basis, it’ll help you in reading comprehension,
general awareness and interview.
1.
PIN (Persons in news) :
election of new PM/Prez. in any country. Heads of main international
organizations.
2.
Places in news: where
some summit/controversial event happened.
3.
Recent summits of ASEAN,
SAARC, G-8 etc. Location and theme.
4.
bilateral visits and
agreements
5.
Pravasi Bharatiya Divas,
new Schemes related to NRIs
6.
Any recent
controversies: Snowden, Wikileaks, Syria, Egypt etc.
^Don’t do Ph.D, just focus on persons/places in news and main
reason(s)/features.
Observe the following questions that were asked in previous IBPS
PO exams, it’ll give you an idea on what type of information you should be
focusing on, while reading about international affairs.
Q. Bilateral visits
6.
The
Home Minister of India was recently on a visit to Bangladesh, where both the
countries signed a Coordinated Border Management Plan (CBMP). What are the
major points of this agreement?
1.
The
plan will help in resolving the long-pending border dispute between both the
nations.
2.
The
head count of the people living in enclaves on the border will be completed
within next six months’ time.
3.
India
assured that no BSF Jawan will open fire on the people crossing the borders
unless there is an attack on them.
answer choices
A. Only (A)
B. Only (B)
C. Only C
D. All (A), (B) and (C)
E. Both (A) and (C)
|
7.
The
President of India was recently on a visit to South Korea and Mongolia.
During her visit some agreements were signed by both the countries. Which of
the following was a common area on which India signed agreements with South
Korea and Mongolia both?
1.
Peaceful
use of Nuclear energy
2.
Export
of edible oil toSouth Korea and Mongolia
3.
Providing
technical help to become self-sufficient in production of food grains
4.
Willingness
of both the countries to support India’s bid to have permanent seat in UN
Security Council
5.
To
hold Olympic games in 2022 in New Delhi jointly with South Korea and Mongolia
|
Q. Controversy related
1.
Which
of the following was the issue over which India decided to vote against Sri
Lanka in the meeting of one of the UN governed bodies/agencies?
a.
Violations
of human right in Sri Lanka
b.
Allowing
China to establish a military based in India ocean
c.
Issue
of subsidy on agricultural products in the meeting of the WTO
d.
Allowing
part of Sri Lanka to become an independent country governed by LTTE
e.
Sri
Lanka’s claim to become a permanent member of UN Security Council
2.
The
president of which of the following countries was accused of violation of
“War Powers Act” of his country when he decide to attack Libya with other
NATO countries in June 2011?
a.
USA
b.
France
c.
Germany
d.
Spain
e.
Italy
|
3.
What
was the reason owing to which Enrica Lexie, an Italian ship was detained by
the Port Authorities in Kerala and was brought to Cochin port for inspection
and search?
a.
It
was carrying objectionable material
b.
It
was involved in sea piracy
c.
It
was detained as the crew killed two Indian fishermen
d.
The
ship started sailing without making payments of iron ore it loaded
e.
It
was detained as it was dumping nuclear waste in deep sea
|
Q. International Places in News
4.
The
10th Basic Ministerial Meeting on Climate Change was organized in February
2012 in
a.
Tokyo
b.
Beijing
c.
Manila
d.
Moscow
e.
New
Delhi
|
5.
The
Golden Jubilee of Afro-Asian Rural Development organization was organized in
which of the following places in March 2012?
a.
Dhaka
b.
Tokyo
c.
Cairo
d.
Kuala
Lampur
e.
New
Delhi
|
Q. International Persons in news (PIN)
1.
Angela
Merkel was recently in India to receive Jawaharlal Nehru Award for
International Understanding for the year 2009. What has been her contribution
to international politics which made her the ‘Best Choice’ for the award?
1.
She
played a major role in restarting negotiations between Russia and USA on
‘START’.
2.
She
initiated ‘Health Care Reforms’ in Germany and solved problems related to
‘future energy development.’
3.
She
played a crucial role in negotiation of the Treaty of Lisbon’ and Berlin
declaration.
Answer choices
A. Only (B) and (C)
B. Only (A) and (B)
C. Only (C)
D. Only (A) and (C)
E. None of these
|
2.
Who
among the following was the Chief Guest at the three-day Pravasi Bharatiya
Divas function held in January 2012?
a.
Kamla
Persad — Bissessar
b.
Ram
Baran Yadav
c.
Lakshmi
Mittal
d.
Salman
Rushdie
e.
Benjamin
Netanyahu
3.
Which
of the following countries recently conferred its Highest State Honour on
Late Mrs Indira Gandhi for her contribution in its ‘Liberation war’?
f.
South
Sudan
g.
Bangladesh
h.
Bhutan
i.
Slovakia
j.
Croatia
2.
Yingluck
Shinawatra won recently held election to become first PM of
a.
Myanmar,
b.
S.Korea
c.
Thailand
d.
N.Korea
e.
none
of Above
|
#6:
Polity Current affairs
In past exams, 2-3 questions appeared from polity related current
affairs. but still cost-benefit is good, just pay attention to key areas within
newspaper, magazines and you’ll be able to solve those MCQs effortlessly.
Areas to focus (Don’t do Ph.D, just keep an eye
on following topics)
1.
PIN: new CM
(particularly North East and those who won multiple times), New CAG/EC/CJI etc.
2.
SC judgments/ scams /
controversies
3.
Bills/amendments/acts
4.
committees, scams
Observe the questions from past exams
Q. Polity current: controversy related
The Lokayukta of which of the following States had submitted a
report on illegal mining of iron ore in the State?
a.
Andhra
Pradesh
b.
Tamil
Nadu
c.
Karnataka
d.
Odisha
e.
None
of these
|
2.
Which
of the following agencies/ organizations recently gave ‘go-ahead’ verdict to
India’s one of the most controversial project of inter linking rivers? (some
of the rivers are international rivers)
a.
UN
Food and Agriculture Organization
b.
World
Meteorological Organization
c.
International
Court of Justice
d.
Central
Water Commission
e.
Supreme
Court of India
|
Polity: persons/places in news
3.
Who
among the following has become the chief Minister of a State in India for
third consecutive term?
a.
Tarun
Gogoi
b.
Nitish
Kumar
c.
J
Jayalalitha
d.
Mamta
Banerjee
e.
None
of these
|
4.
‘Gorkhaland
Council’, which was recently in news, is a body set up for administration of
which of the following Districts?
a.
Siliguri
b.
Bagdogra
c.
Malda
d.
Darjeeiing
e.
Gangtok
|
Polity: Acts/bills/amendments related
5.
Which
of the following acts is vogue in India is against the thinking of raising
school fee as per demand of the market forces?
a.
Prevention
of Corruption Act
b.
Child
Labour (Prohibition & Regulation) Act
c.
Sharda
Act
d.
Right
to Education Act
e.
MG
National Rural Employment Guarantee Act
|
6.
As
per the provisions in the Food Security Bill – 2011, per month how much food
grain should be given to each person of the target group?
a.
5
kg
b.
7
kg
c.
9
kg
d.
10
kg
e.
20
kg
|
#7:
Misc.GK: Filler topics
- If you’re preparing for CAPF, CDS, State PCS or SSC,
you’ll definitely come across good number of questions on geography,
census, defense, and science-tech. But for IBPS, they’re only using these
topics as filler material. Hence cost: benefit = not good and therefore I
put them under Misc.GK.
- But still while you’re reading newspaper/magazine,
doesn’t hurt keeping an eye on following. Here are samples from previous
IBPS PO exams.
GEOGRAPHY
|
CENSUS
|
1.
The
world’s highest “Rail Bridge” is being constructed in the state of Jammu
& Kashmir. This bridge will be on which of the following rivers?
a.
Jhelum
b.
Chenab
c.
Indus
d.
Ravi
e.
None
of these
|
2.
Which
of the following statements containing results of India’s recent Census is
not correct?
a.
Kerala
has about 94% literacy, the highest in India.
b.
The
sex ratio in India is 940.
c.
Male
literacy is lower than female literacy in seven most developed states.
d.
Uttar
Pradesh is the most populous State in India.
e.
The
population of India has increased by 181 million during the decade 2001-2011.
|
DEFENSE
|
SCI-TECH/NUKE
|
3.
‘Akula-11′
Class ‘K-152 Nerpa’ was inducted in Indian Navy recently. These are
a.
Aircrafts
b.
Radar
System
c.
Submarines
Missiles
d.
Warship
e.
Submarines
|
4.
As
per newspaper reports, India is planning to use ‘SEU’ as fuel in its 700 MV
nuclear reactors being developed in new plans. What is full form of ‘SEU’ as
used here?
a.
Safe
Electrical Units
b.
Small
Electrical Units
c.
Slightly
Enriched Uranium
d.
Sufficiently
Enriched Units
e.
Safely
Enriched Uranium
|
#7:
Misc.GK: PIN/Award/Sports
Finally the most bogus headache topic.
Previous IBPS PO Exams:
|
2011
|
2012
|
Misc.PIN (persons in news, awards)
|
6
|
3
|
Misc.Sports
|
2
|
4
|
Misc.Books-Authors
|
1
|
1
|
Misc.filler (Census, Geography, Nuke Reactors, Defense)
|
2
|
2
|
total
|
11
|
10
|
Source of preparation
- I’ve published Person in News compilation from 2012 to March
2013 click
me
- Copy paste it in MS Word file
- Goto library, read whatever competitive magazine you
get (CST, Pratiyoigta Darpan,
Chronicle, Wizard) and note down important names/details. You can also use
list given by competitionmaster.com for example click me for June
2013
Observe the sample questions from previous exams:
Person in News (PIN)/Awards
1.
Which
of the following awards was conferred upon Late Mario De Miranda
(Posthumously) in January 2012?
a.
Padma
Vibhushan
b.
Bharat
Ratna
c.
Kalidas
Samman
d.
Saraswati
Samman
e.
Padmashri
2.
Which
of the following films was not directed by Manikaul, who died recently?
a.
3
Idiots
b.
Ghashiram
Kotwal
c.
Uski
Roti
d.
Dividha
e.
Ashadh
Ka Ek Din
|
3.
Ranbir
Kapoor was awarded Best Actor in 47th Filmfare Award Function for his
performance in
a.
No
One Killed Jessica
b.
Stanley
Ka Dabba
c.
7
Khoon Maaf
d.
Rockstar
e.
Zindagi
Na Milegi Dobara
|
Books-Authors
Who among the following is the author of the book ‘Birbasan’?
a.
Mahashweta
Devi
b.
Taslima
Nasreen
c.
Sunil
Gangopadhyay
d.
Vikram
Seth
e.
Kiran
Desai
|
Who among the
following is the winner of Man Booker Prize 2011?
A. Andrea Levy
B. Nicola Barker
C. TomMcCarthy
D. Linda Grant
E. 5) Philip Roth
|
Sports: Location
1.
National
Table Tennis Championship was organized in January 2012 in
a.
Mumbai
b.
Delhi
c.
Hyderabad
d.
Luck
now
e.
Jaipur
|
2.
The
5th Asian Indoor Athletics Championship was organized in February 2012 in
a.
Bangladesh
b.
India
c.
Qatar
d.
China
e.
South
Korea
|
Sports: Winner/loser
1.
Who
among the following Indian Lawn Tennis player won a Doubles of Australian
Open 2012?
a.
Mahesh
Bhupati
b.
Kamlesh
Mehta
c.
Leander
Paes
d.
Samoa
Mirza
e.
Achanta
Sarath Kamal
2.
Japan
won the women’s Football World Cup 2011 by defeating
a.
England
b.
Germany
c.
Argentina
d.
USA
e.
China
|
3.
What
among the following was the Captain of the Australian Team which played 5
Test matches against India in January 2012 and won all of them?
a.
Ricky
Pointing
b.
Michael
Clarke
c.
Nathan
Lyon
d.
Stuart
Clark
e.
Andrew
Symonds
4.
Who
amongst following won the Wimbledon Men’s final 2011, which was also his
first Wimbledon Title?
a.
Rafael
Nadal
b.
Novak
Djokovic
c.
Robert
Bruce
d.
Lleyton
Hewitt
e.
None
of above.
|
Computer
Awareness- Topicwise Breakup
Topic IBPS CWE PO/MT
|
2012
|
2011
|
MS Office
|
15
|
6
|
OS/software basics
|
5
|
8
|
Internet/network
|
14
|
13
|
virus/security
|
1
|
3
|
hardware
|
6
|
14
|
programming
|
6
|
5
|
database
|
3
|
1
|
total
|
50
|
50
|
^For 2013’s exam, there will be only 20 marks from Computer
awareness.
1.
Within MS Office: Excel,
PowerPoint, and Outlook. Important: IBPS asks questions about MS-offce 2007 and onwards (i.e.
tabs-interface.) Good news is NIOS material covers that portion.
2.
Internet, Email, Webpage
related
3.
Within hardware: types
of computers, hardware used in networking & internet
- IF you already have a book for Computer awareness from
Kiran, Arihant etc. well and good. Revise it often and solve the mock
questions given in it.
- If you don’t have any book, there is no need to
specially purchase any book because the (free) NIOS study material for
computer awareness is available for free. Click me to Download.
- Solve the computer awareness questions from previous
years’ Bank PO questions papers.
Let’s look at some sample questions from previous years’ IBPS PO
papers
To find the Paste Special option, you use the Clipboard group on
the tab of PowerPoint.(1) Design(2) Slide Show(3) Page Layout(4) Insert(5)
Nome
|
In Power Point, the Header & Footer button can be found on
the Insert tab in what group?
1.
illustrations
group
2.
Object
group
3.
Text
group
4.
Tables
group
5.
None
of these
|
The letter and number
of the intersecting column and row is the
1.
cell
location
2.
cell
position
3.
cell
address
4.
cell
coordinates
5.
Cell
contents
|
______ in Excel allows
users to bring together copies of workbooks that other users have worked on
independently.
1.
Copying
2.
Merging
3.
Pasting
4.
Compiling
5.
None
of these
|
Which of the following software could assist someone who cannot
use their hands for computer input?
1.
Video
conferencing
2.
Speech
recognition
3.
Audio
digitizer
4.
Synthesizer
5.
None
of these
|
____ software creates
a mirror image of the entire hard disk, including the operating system,
applications, files, and data.
1.
Operating
system
2.
Backup
software
3.
Utility
programs
4.
Driver
imaging
5.
None
of these
|
What is the name given
to those applications that combine text, sound, graphics, motion video,
and/or animation?
1.
motion
ware
2.
anigraphics
3.
videos
capes
4.
multimedia
5.
maxomedia
|
You can keep your
personal files/folders in
1.
My
folder
2.
My
Documents
3.
My
Files
4.
My
Text
5.
None
of these
|
____ allows users to upload files to an online site so they can
be viewed and edited from another location.
1.
General-purpose
applications
2.
Microsoft
Outlook
3.
Web-hosted
technology
4.
Office
Live
5.
None
of these
|
Fourth-generation
mobile technology provides enhanced capabilities allowing the transfer of both
____ data, including full-motion video, high-speed Internet access, and
videoconferencing.
1.
video
data and information
2.
voice
and non-voice
3.
music
and video
4.
video
and audio
5.
None
of these
|
The method of Internet
access that requires a phone line, but offers faster access speeds than
dial-up is the connection.
1.
cable
access
2.
satellite
access
3.
fiber-optic
service
4.
Digital
Subscriber Line (DSL)
5.
modem
|
A USB communication
device that supports data encryption for secure wireless communication for
notebook users is called a
1.
USB
wireless network adapter
2.
wireless
switch
3.
wireless
hub
4.
router
5.
None
of these
|
____ is a form of denial of service attack in which a hostile
client repeatedly sends SYN packets to every port on the server using take IP
addresses.
1.
Cybergaming
crime
2.
Memory
shaving
3.
Syn
flooding
4.
Software
piracy
5.
None
of these
|
A person who uses his
or her expertise to gain access to other people’s computers to get
information illegally or do damage is a
1.
hacker
2.
analyst
3.
instant
messenger
4.
programmer
5.
spammer
|
______are attempts by
individuals to obtain confidential information from you by falsifying their
identity.
6.
Phishing
trips
7.
Computer
viruses
8.
Spyware
scams
9.
Viruses
10.
Phishing
scams
|
|
Different components on the motherboard of a PC unit are linked
together by sets of parallel electrical conducting lines. What are these
lines called?
1.
Conductors
2.
Buses
3.
Connectors
4.
Consecutives
5.
None
of these
|
Which part of the
computer is used for calculating and comparing ?
1.
ALU
2.
Control
unit
3.
Disk
unit
4.
Modem
5.
None
of these
|
Reusable optical
storage will typically have the acronym
1.
CD
2.
DVD
3.
ROM
4.
RW
5.
ROS
|
Which ports connect
special types of music instruments to sound cards?
1.
BUS
2.
CPU
3.
USB
4.
MIDI
5.
MINI
|
A(n) _____ language reflects the way people think
mathematically.
1.
cross-platform
programming
2.
3GL
business programming
3.
event-driven
programming
4.
functional
5.
None
of these
|
A(n) program is
one that is ready to run and does not need to be altered in any way.
1.
interpreter
2.
high-level
3.
compiler.
4.
COBOL
5.
executable
|
2.
A
set of rules for telling the computer what operations to perform is called a
___
1.
procedural
language
2.
structures
3.
natural
language
4.
command
language
5.
programming
language
|
3.
A
detailed written description of the programming cycle and the program, along
with the test results and a printout of the program is called
1.
documentation
2.
output
3.
reporting
4.
spec
sheets
5.
Directory
|
Database
management related
____ is used by public and private enterprises to publish and
share financial information with eachother and industry analysts across all
computer platforms and the Internet.
1.
Extensible
Markup Language (EML)
2.
Extensible
Business Reporting Language (XBRL)
3.
Enterprise
Application Integration (EAI)
4.
Sales
Force Automation (SFA) software
5.
None
of these
|
Grouping and
processing all of a firm’s transactions at one time is called
1.
a
database management system
2.
batch
processing
3.
a
real-time system
4.
an
on-line system
5.
None
of these
|
This first step in the
transaction processing cycle captures business data through various modes
such as optical scanning or at an electronic commerce website.
1.
Document
and report generation
2.
Database
maintenance
3.
Transaction
processing start-up
4.
Data
Entry
5.
None
of Above
|
|