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Monday, June 29, 2015

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Saturday, June 27, 2015

IBPS PO CWE-5 Notification Out

Dear Readers,

The most awaited notification of the year is out. IBPS just published the Notification for the recruitment under CWE PO/MT-V.

The expected schedule of events is as follows:

On-line registration Start: 10.07.2015 to 01.08.2015

Payment of Application Fees/Intimation Charges (Online): 10.07.2015 to 01.08.2015

Download of call letters for Pre - Exam Training: 09.09.2015 to 19.09.2015

Download of call letters for online examination - Preliminary: 23.09.2015 onwards

Online Examination Preliminary: 03.10.2015, 04.10.2015 10.10.2015, 11.10.2015

Result of Online exam – Preliminary: October 2015

Download of Call letter for Online exam - Main: October 2015

Online Examination – Main: 31.10.2015

Declaration of Result – Main: November 2015

Download of call letters for interview: December 2015

Conduct of interview: January 2016

Provisional Allotment: April 2016

Now is The Time : IBPS PO-V

Dear Readers,

IBPS has released the notification for the recruitment under IBPS CWE PO/MT-V. This time IBPS also came with the same idea of Preliminary exam and Mains exam and as predicted, the preliminary exam has the same pattern as followed by SBI PO Preliminary 2015.

The sections and questions in the preliminary exam are:

Reasoning : 35 Questions for 35 Marks

Quantitative Aptitude : 35 Questions for 35 Marks

English : 30 Questions for 30 Marks

We have seen recently in SBI PO 2015 Preliminary exam that the sections were either moderate or easy and candidates have attempted sufficient number of questions. And as it was anticipated, IBPS followed the same. This clears all the doubts regarding IBPS PO Prelims. The mains will be on usual pattern that it used to follow.

This time IBPS also included "Exim Bank" in the list of participating banks. This is one of the change observed in the notification. Apart from all of these, the time management in the preliminary exam will play a vital role in the selection of the candidate.

Although the date for IBPS PO Prelims is October 3rd, 2015 onwards, but you should start the preparation as many exams have already in queue viz. RBI Assistant, SBI Mains, IBPS RRB Officer Scale-1, IBPS RRB Office Assistant and finally comes IBPS PO/MT-V (Till Now). So just recollect all your energy and channelise the same for your preparation. And we, The Bankersadda.com, promise you to be the best buddy during this phase of preparation.

SBI Mains English (Mix Quiz)

Dear Readers,

Today we are providing you quiz on English which is one of the most important sections of banking exams, in which you can score maximum with ease if you are practising on very regular basis, It is crucial for all the upcoming banking exams, IBPS/SBI/RRB etc.

Directions (Q. 1-10): In the following passage, some of the words have been left out, each of which is indicated by a number. Find the suitable word from the options given against each number and fill up the blanks with appropriate words to make the paragraph meaningful.

A friend in need is a friend indeed. A man who stands (1) is friend in (2) is a true friend. Selfless love is the base of true friendship. True friends share each other's joy and sorrow, pain and pleasure. They do not fall (3) in adversity. They have full confidence in each other. They never (4) each other. (5) makes friends, adversity tries them. A selfless friend is (6); a selfish friend is a curse. The first is an angel and the second is a devil. One makes your career while the other (7) it.

True friendship means great self-sacrifice on the part of both. A true friend (8) pleasure and convenience. He goes out of his way and faces difficulties in his way with joy and even with pride. Joy and sorrow, success and failure, good fortune and misfortune, are equally (9) by a pair of true friends. They (10) the burden of life equally for they feel that they sail in the same boat and that they have to sink and swim together.

1) to

2) with

3) for

4) by

5) of

1) adversity

2) commotion

3) change

4) happiness

5) growth

1) by

2) to

3) off

4) with

5) through

1) postulate

2) commit

3) danger

4) deplete

5) betray

1) Wealth

2) Prosperity

3) Man

4) Providence

5) Well-bring

1) boon

2) force

3) blessing

4) calamity

5) message

1) throws

2) develops

3) constructs

4) mars

5) lacks

1) foregoes

2) mitigates

3) evolves

4) appraises

5) prospers

1) built

2) pleased

3) admired

4) advocated

5) shared

10.

1) expect

2) shoulder

3) dislike

4) propose

5) project

DIRECTIONS (Q. 11-15): Which of the phrases (a), (b), (c) and (d) given below each sentence should replace the phrase printed in bold in the sentence to make it grammatically correct? If the sentence is correct as it is given and no correction is required, mark (e) as the answer.

11.Anyone with a little interest in sports is bound to familiar with Sachin Tendulkar's name.

1) binding to familiar

2) bound to be familiar

3) binding to be familiar

4) bound to have familiar

5) No correction required

12. He asked me if I will accept his conditions if he helped me.

1) that if 1 will accept

2) that if I would accept

3) if I would accept

4) if would I be accepting

5) No correction required

13.The ship was not fit to survive another storm as the damage was beyond repair.

1) ﬁtted to survive

2) ﬁt to be surviving

3) ﬁtting for survival

4) fit with survival

5) No correction required

14.His changed attitudes did not go well within his family.

1) had not gone well within

2) went not well within

3) could not go well into

4) did not go well with

5) No correction required.

15.What all this mean, is that the disciples are more powerful than their teacher.

1) all this means

2) does all this mean

3) all the meaning

4) does this all mean

5) No correction required

Answers..

1. (4)

2. (1)

3. (3)

4. (5)

5. (2)

6. (1)

7. (4)

8. (5)

9. (5)

10. (2)

11. (2)

12. (3)

13. (5)

14. (4)

15. (1)

SBI Mains Reasoning Questions

Directions (Q. 1-5): Study the following information carefully to answer the given questions.

In a family of ten persons—A, B, C, D, E, F, G, H, I and J there are ﬁve males and ﬁve females. All of them are sitting for evening snacks, viz Pizza, Cola, Lemonade, Chocolate (Temptation), Coffee, Tea, Burger, Ice Cream (Strawberry), Ice-cream (Vanilla), Chocolate (Nestle), but not necessarily in the same order. No couple eat the ﬂavour of the same eat-able.

In the family of three generations, each female member, except B and H, has two sisters and one brother. The grandson of J does not like Pizza. B has no sister-in-law. A is not drinking tea. No male member eats Chocolate (Temptation) and takes Tea. I is father-in-law of F and he eats lee cream of Vanilla ﬂavour. G, who eats Chocolate (Nestle), is the son-in-law of B. D, who drinks Coffee, is the unmarried sister of E, who does not like Cola. C is sister-in-law of F but she does not like Cola, Lemonade or Tea. E is G's brother-in-law. B's father is H 's husband, who does not like Pizza. The grandparents neither drink any beverages nor eat any sweet stuff.

1.Who among the following likes Chocolate (Temptation)?

A) C

B) A

C) F

D) Can't say

E) None of these.

2. F has which of the following drinks/eatables?

A) Ice-cream (Strawberry)

B) Cola

C) Lemonade

D) Can't say

E) None of these.

3. Which of the following pairs of persons do not represent a couple?

A) B and I

B) A and F

C) G and C

D) H and J

E) E and D

4.How many grandsons does J have?

A) Two

B) Three

C) One

D) Can't say

E) None of these.

5.How is A related to E?

A) Mother

B) Sister

C) Wife

D) Can't say

E) None of these.

Directions (Q. 6-10): Study the following information carefully to answer the given questions.

A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of the input and its rearrangement.

Input: 33 cent group 50 but 10 way 63 sun 69

Step I: 69 33 cent group 50 10 way 63 sun but

Step II: 69 63 33 group 50 10 way sun cent but

Step III: 69 63 50 33 10 way sun group cent but

Step III is the last step of the above input. As per the rules followed in the above steps, ﬁnd out for each of the following questions the appropriate step for the given input.

Input: 81 vital 13 leap plunge 24 fall 78 19 arid glib 90 dusty

6. Which step number is the following output?

90 81 78 24 vital I3 plunge 19 leap glib fall dusty arid

A) Step Il

B) Step IV

C) Step III

D) Step V

E) There is no such step.

7. Which of the following represents the position of '19' in Step V?

A ) Fiﬁh from the right

B) Third from the left

C) Eighth from the left

D) Ninth from the right

E) None of these.

8. Which word/number would be at the 5th position from the left in Step IV?

A) leap

B) 13

C) plunge

D) 19

E) None of these

9. Which step would be the last but one?

A)V

B)VI

C) IV

D)VII

E) None of these.

10. How many elements (words or numbers) are there between '24' and 'fall' in the last step?

A) Three

B) Four

C) Five

D) Six

E) None of these.

For Ques (11-15) Directions:- All the six members of a family A, B, C, D, E and F are travelling together. B is the son of C but C is not the mother of B, A and C are a married couple. E is the brother of C. D is the daughter of A. F is the brother of B.

11. How many male members are there in the family ?

A) 1

B) 2

C) 3

D) 4

E) None of these.

12. Who is the mother of B ?

A) D

B) F

C) E

D) A

E) None of these.

13. How many children does A have ?

A) One

B) Two

C) Three

D) Four

E) None of these

14. Who is the wife of E ?

A) A

B) F

C) B

D) C

E) Can't be determined

15. Which of the following is a pair of females ?

A) AE

B) BD

C) DF

D) AD

E) None of these.

Answers :

Hints(1-5)

1. B

2. B

3. E

4. C

5. B

6. C

7. D

8. D

9. C

10.D

11.D

12.D

13.C

14.E

15.D

SBI Mains: Quantitative Questions

Time : 5 Minute

Directions (Q. 1- 5): Answer these questions based on the following information:

The average age of Ramesh, Sushant, Vijay, Neel, Amit and Rodney is 58 years. Amit and Vijay's total age is 124 years. Sushant is thrice Neel's age. The average age of Ramesh and Rodney is 52 years. Vijay is four years younger than Sushant. The ages of Ramesh and Rodney are in the ratio 29 : 23.

1. Who amongst the following is the youngest?

A) Rodney

B) Ramesh

C) Vijay

D) Neel

E) Amit

2. What is the average age (in years) of Sushant, Neel, Vijay and Amit?

A) 173

B) 61

C) 57

D) 48

E) None of these

3. In how many years will Neel be exactly half of Vijay's present age?

A) 4

B) 20

C) 13

D) 18

E) None of these

4. What is the ratio of the ages of Amit and Neel?

A) l9:l5

B) 29:2I

C) 17 : 18

D) 13 : 1 1

E) None of these

5. How old is Vijay (in years)?

A) 82

B) 66

C) 58

D) 74

E) None of these

Directions (6-10) : Study the following table carefully and answer the questions given below .

NUMBER OF STUDENTS WHO GO ABROAD FOR STUDY

6. From which State/U.T, did the least number of students go abroad over the years among the given States / U.T.s?

A) Karnataka

B) Kerala

C) West Bengal

D) Maharashtra

E) None of these

7. What was the percent increase in number of students from West Bengal from 1992 to 1993?

A) 25

B) 100/3

C) 50

D) 200/3

E) None of these

8. In the case of which State/ U.T. was there an increase and decrease respectively in the number of students in alternate years?

A) Andhra Pradesh

B) Delhi

C) Karnataka

D) West

E) None of these

9. In the case of which State/U.T. was there a continuous increase in the number of students over the given years?

A) Delhi

B) Maharashtra

C) Andhra Pradesh

D) Karnataka

E) None of these

10. In which year did Kerala contribute approximately one-fifth of the total number of students in that year?

A) 1990

B) 1991

C) 1992

D) 1993

E) None of these

Answers:

1. D

2. B

3. C

4. A

5. E

6. C

7. B

8. D

9. B

10. C

Daily GK Update - 27th June 2015

1. BRICS bank to be operational by end of 2015: South Africa

i. The emerging market BRICS nations will have their own development bank by the end of the year.

ii. "The New Development Bank is expected to be operational by end of 2015," the South African finance ministry said in a statement that announced the nomination of South African banker Leslie Maasdorp as vice president of the bank and parliamentary ratification of two treaties concerning the lender.

iii. The BRICS nations - Brazil, Russia, India, China and South Africa - which represent 40 per cent of the world's population and a quarter of its economic output, decided in 2013 to create their own development bank to step up lending for the infrastructure projects needed to close the gap with the industrialised world.

The bank, which will be headquartered in Shanghai, is expected to have up to $100 billion in capital.

iv. The inaugural meeting of the board of governors of the New Development Bank will be held in the Russian city of Ufa on July 7 to confirm the appointment of the management of the lender.

2. India ranked best for investment

i. A ranking of destinations for attractiveness to foreign investors has placed India at the top among 110 countries. China has secured the 65th position and the U.S. is at the 50th. In the 2014 index, India was at the sixth position and Hong Kong was number one.

ii. The ranking is based on an index for baseline profitability that assumes that three factors affect the ultimate success of a foreign investment: how much the value of an asset grows; the preservation of that value while the asset is owned; and the ease of repatriation of proceeds from selling the asset.

iv. The index combines measures for each of these factors into a summary statistic that conveys a country's basic attractiveness for investment.

3. Govt to infuse additional Rs 11,500 cr in PSU banks in FY16

i. Government is likely to infuse additional USD 1.8 billion (about Rs 11,500 crore) in public sector banks this fiscal over and above USD 1.2 billion earmarked in the Budget, Finance Secretary Rajiv Mehrishi said on Friday.

ii. The government has earmarked Rs 7,940 crore in the Budget for recapitalisation of PSU banks for the current fiscal.

iii. The government has already started assessment of capital requirement of public sector banks. It has already received presentation of 14 public sector banks.

iv. According to an estimate, public sector banks would need an additional capital of Rs 2.40 lakh crore by 2018 to meet the Basel III capital adequacy norms.

4. Mboweni heads for Brics bank

i. Finance Minister Nhlanhla Nene announced on Friday that former Reserve Bank governor Tito Mboweni has been appointed as the non-executive director to the board the Brics New Development Bank (NDB).

ii. He added that Cabinet had endorsed the nomination of Leslie Maasdorp for vice-president of the NDB. Maasdorp recently parted ways with AdvTech where he was chief executive. He was previously the president of Merrill Lynch for southern Africa.

iii. The management of the NDBs will be appointed at the board of governors inaugural meeting on July 7‚ Nene said. The NDB is expected to be up and running by the end of the year.

5. Link Intime launches apps to give investors real-time info

i. To give real-time information, securities registry service provider Link Intime India Pvt Ltd has launched two unique mobile applications, one for investors and the other for client companies.

ii. The bLink app provides the latest information across all client companies serviced by Link Intime to investors. The app will provide information about IPO allotments, details of shareholder meetings, dividends declared and book closure period, undelivered articles, failure of credits of dividend/ interests, and failure of credit of shares/ bonds into investors' accounts, among others.

iii. An investor can add up to 10 DP accounts under one login. The InSta Link app, for authorised corporate clients of Link Intime, gives an overview of the latest available holdings of shareholders of the company under various categories and changes thereof in the immediate past seven days.

6. HDFC Securities mobile trading app available in 11 languages

i. HDFC Securities, a subsidiary of HDFC BankBSE -0.23 % has launched its mobile trading app in 11 different regional languages.

ii. Language arriers or lack of research and advice should not be reasons for not investing in the future. Apart from English the app will be available in Hindi, Marathi, Gujarati, Punjabi, Assamese, Bengali, Tamil, Telugu, Kannada, Malayalam and Oriya.

iii. HDFC Securities has had a call centre running which services customers in eight different languages. The mobile apps in multiple languages along with call centres will give lot of comfort to investors.

7. ICC amends rules in a bid to restore balance in ODIs

i. In a bid to restore the balance between bat and ball, the ICC today decided to scrap the batting Powerplays and allow five fielders outside the 30-yard circle in the last ten overs of an innings in one-dayers.

ii. The rule changes will come into effect for series starting on or after July 5, the ICC said in a media release issued today.

iii. The ICC Board during its Annual Conference here adopted these recommendations which were made by the ICC's cricket committee headed by the former India captain Anil Kumble in Mumbai this May.

iv. The ICC Board also reviewed and adopted the Integrity Working Party's recommendations to allow a greater role for a central Anti-Corruption Unit and pave the way for greater coordination of preventative and investigative activity around the world with a unified vision to 'keep cricket clean'.