IBPS Solved Question Paper haminpur.com
(A). Railways
(B). State Road Transpots
(C). Post and Telegraph
(D). Ministry of Health
Right Answer: E
2. Which of the following organization/agencies has established a fund known as "Investor productionfund" ?
(A). SEBI
(B). NABARD
(C). Bombay Stock Exchange
(D). AMFI
(E)None of these
Right Answer: C
3. Who amongst the following is the Head of the RBI at present ?
(A). Mr. M.V.Kamath
(B). Mr. Y.V.Reddy
(C). Mr. N.R.Narayanmurthy
(D). Mr.O.P.Bhatt
(E)None of these
Right Answer: B
4. Mjority of rural people still prefer to go to which of the following for their credit needs ?
(A). Money lenders
(B). Foreign Bankers
(C). NABARD
(D). RBI
Right Answer: A
5. india has different categories of commercial banks.Which of the following is NOT one suchcategories ?
(A). Private Banks
(B). Commodities Banks
(C). Nationalized Banks
(D). Cooperative Banks
Right Answer: B
6. Which of the following types of Banks are allowed to operate foreign currency accounts ?
(1) Foreign Banks
(2) Regional Rural Banks
(3) Nationalized Banks
(A). Only 1
(B). Only 2
(C). Only 3
(D). All 1,2 and 3
Right Answer: C
7. Which of the following countries does not play International Cricket ?
(A). Russia
(B). England
(C). South Africa
(D). Pakistan
Right Answer: A
8. The money which Govt. of India spends on the development of infrastructure in country comes fromthe which of the following sources ? [Pick up the correct Statement(s)]
(1) Loan from World Bank/ADB etc
(2) Taxws collected from the people
(3) Loan from the RBI
(A). Only 1
(B). Only 2
(C). Only 3
(D). Both 1 and 2
Right Answer: E
9. The Securities and Exchange Board Of India (SEBI) recently imposed a restriction on money flowin equity through 'P Notes'. What is the full form of 'P Notes' ?
(A). Permanent Notes
(B). Perchase Notes
(C). Participatory-Notes
(D). Private Notes
Right Answer: C
10. Who amongst the following was the captain of the India cricket team who won thw Twenty-20World Cup-2007 ?
(A). Yuvraj Singh
(B). M.S.Dhoni
(C). Rahul Dravid
(D). Saurav Ganguly
Right Answer: B
11. Mnay times we read in financial news paper about 'FII'.What is the full form of 'FII'?
(A). Final Investment in India
(B). Foreign Investment in India
(C). Formal Investment in India
(D). Fair Institutional Investment
Right Answer: E
12. Benazir Bhutto Is associated with which of the following parties
(A). Muslim League
(B). Pakistan Peoples Party
(C). Pakistan National Congress
(D). Islamic Movement of Pakistan
Right Answer: B
13. One of the former prime ministers of which of the following countries was detained in house arrestfor a short period after his/her returns from a long exile ?
(A). Germany
(B). France
(C). Pakistan
(D). Brazil
Right Answer: C
14. Who amongst the following leaders from USA visited Isarael and Palestinian West Bank so that asolution to the Isarael and palestinian problem can be worked out ?
(A). George Bush
(B). Al Gore
(C). Bill Clinton
(D). Condeleeza Rice
Right Answer: A
15. Justine Henin Won the women's singles US Open Tennis Championship-2007 After defeating -
(A). Swetlana Kuznetsova
(B). Sania Mirza
(C). Dinara Safina
(D). Mathalie Dechy
Right Answer: A
16. As reported in papers the UN World Food Programmes stoped distributing food in MogadishuTown after its local head was abducted by the Govt. soldiers of the country.Mogadishu is the capitaltown of-
(A). Tanzania
(B). Turkey
(C). Cuba
(D). Libya
Right Answer: E
17. The financial markets of the which of the following countries were badly affected by sub-primecrisis ?
(A). Russia
(B). Brazil
(C). UK
(D). USA
Right Answer: D
18. which of the following countries in the world is the biggest consumer of gold ?
(A). USA
(B). Bangladesh
(C). Russia
(D). India
Right Answer: D
19. which of the following countries is NOT happy with the USA's decision to award a cogressionalMedal to Dalai Lama Oof Tibet ?
(A). India
(B). Pakistan
(C). Nepal
(D). Myanmar
Right Answer: A
20. which of the following countries recently decided to launch a military action in Northern Iraq where many Kurdish PKK fighters are based and they are killed people from that country ?
(A). India
(B). Afghanistan
(C). Pakistan
(D). Bangladesh
Right Answer: E
21. Dr. Mnamohan SAingh called George Bush to explain the difficulties he is having in implementingagreements related with which of the following with USA ?
(A). Suply of sugar
(B). Civilian nuclear Co-operation
(C). Purchase of fighter planes
(D). Purchase of Gas / Petroleum
Right Answer: B
22. which of the following countries is facing a problem of strike by the workers of the transport,electricity and gas companies as the present govt. of the country has decided to end the pension tothese workerss ?
(A). USA
(B). France
(C). China
(D). Nepal
Right Answer: B
23. Who amongst the following is the Secretary General Of UNO ?
(A). Al Gore
(B). Shashi Tharoor
(C). Gordon Drown
(D). Hugo Chavez
Right Answer: E
24. The "Orange Coalition Govt" was formed once again in which of the following countries ?
(A). Russia
(B). Ukraine
(C). France
(D). Germany
Right Answer: B
25. which of the following countries is NOT elected by the the UN general assembly on the non-payment seats of UN security council w.e.f. January 2008 ?
(A). Libya
(B). Vietnam
(C). Croatia
(D). Costa Rica
Right Answer: E
26. The Govt. of India put a ban on export of which of the following commodities at the price belowthe price of the same in domestic market ?
(A). Steel
(B). Chemical Fertilizer
(C). Pharma Products
(D). Electronic Goods
Right Answer: E
27. India Launched which of the following Satellites in September 2007 ?
(A). EDUSAT
(B). MATSAT
(C). CROSAT-IIB
(D). INSAT-4CR
Right Answer: D
28. As per the recent agreement between India and one of other country the iNdia Rupee can be easilyswapped with -
(A). Tak
(B). Rial
(C). Kyat
(D). Yen
Right Answer: E
29. India won the ONGC Cup Football Tounament 2007 by beating-
(A). Syria
(B). Pakistan
(C). Britain
(D). France
Right Answer: A
30. Abdullah Gul's name was in news recently as he he has taken over as the president of -
(A). Turkey
(B). Sudan
(C). Afghanistan
(D). Pakistan
Right Answer: A
31. Hem Dutta who was honoured gy the prestigious Rajiv Gandhi National Sadbhawana Award 2007is famous-
(A). Author
(B). Social Activist
(C). Player
(D). Film Producer
Right Answer: B
32. Who amongst the following is selected for Basawa Award (2006-07) by the Karnataka Government?
(A). Dr. Manmohan Singh
(B). A.P.J.Abdul Kalam
(C). Sonia Gandhi
(D). Pratibha Patil
Right Answer: B
33. Asia Pacific Economic Business meet was organized in September 2007 in -
(A). New Delhi
(B). Beijing
(C). Tokyo
(D). London
Right Answer: E
34. The World Athletics Championship-2007 was organized in -
(A). Beijing
(B). New Delhi
(C). Osaka
(D). Dhaka
Right Answer: C
35. Who amongst the following was the captain of the Indian Hockey Team who won Asia Cup 2007held in Chennai ?
(A). Baichung Bhutia
(B). Dilip Tirkey
(C). Pnkaj Adwani
(D). Manavjeet Singh Sandhu
Right Answer: E
36. Which of the following is a Public Sector Unit ?
(A). TCS
(B). ICICI Bank
(C). TESCO
(D). BHEL
Right Answer: D
37. India's foreign exchange reserve declined sharply in recent past. What was the main reason for thesame ?
(A). Heavy demand of the same by foreign tourists
(B). Import of Wheat from Pakistan and S.Korea
(C). Appreciation of Rupee Value
(D). Instability in coalition Govt. in centre
Right Answer: C
38. Sinzo Abe who was on visit to India in recent past is the -
(A). Prime Minister of South Korea
(B). Prime Minister of North Korea
(C). Prime Minister of Japan
(D). President of South Korea
Right Answer: C
39. Asafa Powel who created a new world record in 100 metres race is a citizen of -
(A). Jamaica
(B). South Africa
(C). India
(D). USA
Right Answer: A
40. Who amongst the following got third position in long Jump event of the Bayer InternationalAthletics held in Germany in 2007 ?
(A). Shiny Wilson
(B). Anju Bobby George
(C). Neha Sanwal
(D). Prajakta Sawant
Right Answer: B
41. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
What is the aim of the financial inclusion policy ?
(A). A focus on savings needs rather than credit needs of the poor
(B). Minimising utilisation of technology in banks so as to reduce transaction costs for the poor
(C). To boost low savings volumes in banks by encouraging savings among the rural poor
(D). To make formal basic banking services available to the poor
Right Answer: D
42. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
The author’s main objective in writing the passage is to—
(A). Criticise the concept of financial inclusion
(B). Point out the problems of financial inclusion
(C). Discuss ways of making the financial inclusion policy successful
(D). Compare financial inclusion policies of different countries
Right Answer: C
43. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
Which of the following can be inferred about products with commitment features ?
1. Demand for such products was high.
2. They were an effective means of increasing the savings of small account holders.
3. Such facilities can only be offered by informal institutions like MFIs.
(A). All 1, 2 and 3
(B). Only 2
(C). Both 1 and 2
(D). Both 1 and 3
Right Answer: D
44. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
Why do the poor not utilise banking services ?
1. Informal institutions offer higher rates of interest than those in banks.
2. Costs of reaching banks have to be borne by the poor.
3. Bank personnel do not treat the poor respectfully because their savings amounts are minimal.
(A). Only 2
(B). Both 1 and 2
(C). Both 2 and 3
(D). All 1, 2, and 3
Right Answer: A
45. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
Which of the following is a recommendation made by the author regarding financial inclusion ?
(A). Reduce the paper work involved by seeking less information about the account holder
(B). Lower transaction costs by utilising latest technology.
(C). Make commitment features compulsory for all savings accounts
(D). Entrust the responsibility of financial inclusion solely to MFIs
Right Answer: B
46. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
Which of the following factors affects‘saving’ behavior among the poor ?
1. Threats from moneylenders if they avail of banking services.
2. Documentation required before availing of banking services.
3. Lack of self-control.
(A). Only 1
(B). All 1, 2 and 3
(C). Only 3
(D). Both 2 and 3
Right Answer: D
47. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
What do the results of the study conducted in the Philippines indicate ?
(A). Account holders in MFIs have higher savings rates than banks
(B). Many of the poor have to turn to moneylenders because of strict restrictions in MFIs
(C). Having accounts with restriction on withdrawal requires the bank to offer a higher rate of interest
(D). There should be strong security measures for deposit option accounts for the poor
Right Answer: A
48. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
Which of the following is true in the context of the passage ?
(A). There are no informal means for the poor to save in India
(B). Having savings encourages the poor to invest only in low risk ventures
(C). There is a huge demand for savings facilities among poor households
(D). Presently commercial banks feel that it is feasible to provide banking services to the poor in ruralareas
Right Answer: C
49. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
What is/are the outcome(s) of encouraging savings for the poor ?
1. It frees them from the exploitation of moneylenders.
2. Banks are more willing to disburse loans to those who save.
3. They should invest in risky but high return ventures.
(A). Only 1
(B). Both 1 and 2
(C). Only 3
(D). All 1, 2 and 3
Right Answer: B
50. Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
What was the view of banks regarding the bank accounts of the poor in the past ?
(A). They were considered a problem since account holders information needed to be updatedconstantly
(B). Focus should be more on providing savings facilities not credit
(C). Moneylenders should be regulated so that they share responsibility of disbursing loans to the poor
(D). Products with commitment features will not be successful
Right Answer: E
51. Directions—(Q. 51–53) Choose the word which is most nearly the same in meaning as the word printed in bold as used in the passage.
Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
purely :
(A). morally
(B). honestly
(C). completely
(D). perfectly
Right Answer: C
52. Directions—(Q. 51–53) Choose the word which is most nearly the same in meaning as the word printed in bold as used in the passage.
Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
demonstrate :
(A). protest
(B). occur
(C). estimate
(D). appear
Right Answer: E
53. Directions—(Q. 51–53) Choose the word which is most nearly the same in meaning as the word printed in bold as used in the passage.
Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
remedy :
(A). medicine
(B). solve
(C). restore
(D). therapy
Right Answer: B
54. Directions—(Q. 54-55) Choose the word which is most opposite in meaning of the word printed in bold as used in the passage.
Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
optional :
(A). voluntary
(B). compromise
(C). pressure
(D). mandatory
Right Answer: D
55. Directions—(Q. 54-55) Choose the word which is most opposite in meaning of the word printed in bold as used in the passage.
Directions—(Q. 41–55) Read the following passage carefully and answer the questions given below it.Certain words are given in bold to help you to locate them while answering some of the questions.
A large majority of the poor in India are outside the formal banking system. The policy of financial inclusion sets out to remedy this by making available a basic banking ‘no frills’ account either with nilor very minimum balances as well as charges that would make such accounts accessible to vastsections of the population. However, the mere opening of a bank account in the name of everyhousehold or adult person may not be enough, unless these accounts and financial services offered tothem are used by the account holders. At present, commercial banks do not find it viable to provideservices to the poor especially in the rural areas because of huge transaction costs, low volumes ofsavings in the accounts, lack of information on the account holder, etc. For the poor, interacting withthe banks with their paper work, economic costs of going to the bank and the need for flexibility intheir accounts, make them turn to other informal channels or other institutions. Thus, there areconstraints on both the supply and the demand side.Till now, banks were looking at these accounts from a purely credit perspective. Instead, they shouldlook at this from the point of view of meeting the huge need of the poor for savings. Poor householdswant to save and contrary to the common perception, do have the funds to save, but lack control.Informal mutual saving systems like the Rotating Savings and Credit Associations (ROSCAs),widespread in Africa and ‘thrift and credit groups’ in India demonstrate that poor households save. Forthe poor household, which lacks access to the formal insurance system and the credit system, savingsprovide a safety net and help them tide over crises. Savings can also keep them away from the clutchesof moneylenders, make formal institutions more favourable to lending to them, encourage investmentand make them shift to more productive activities, as they may invest in slightly more risky activitieswhich have an overall higher rate of return.Research shows the efficacy of informal institutions in increasing the savings of the small accountholders. An MFI in the Philippines, which had existing account holders, was studied. They offerednew products with ‘commitment features’. One type had withdrawal restrictions in the sense that itrequired individuals to restrict their right to withdraw any funds from their own accounts until theyreached a self-specified and documented goal. The other type was deposit options. Clients could purchase a locked box for a small fee. The key was with the bank and the client has to bring the box tothe bank to make the deposit. He could not dip into the savings even if he wanted to. These accountsdid not pay extra money and were illiquid. Surprisingly, these products were popular even thoughthese had restrictions. Results showed that those who opted for these accounts with restrictions had substantially greater savings rates than those who did not. The policy of financial in
clusion can be asuccess if financial in clusion focuses on both saving needs and credit needs, having a diversified product portfolio for the poor but recognising that self-control problems need to be addressed by having commitment devices.The products with commitment features should be optional. Furthermore transaction costs for the poor could be cut down, by making innovative use of technology available and offering mobile vans withATM and deposit collection features which could visit villages periodically.
accessible :
(A). convenient
(B). unavailable
(C). unfavourable
(D). unpleasant
Right Answer: B
56. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)The scheme failed because /(X2) some states could not /(X3) manage not to raise /(X4) the necessary funds. No error(X5).
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: C
57. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)Real estate prices in the /(X2)business district of the city /(X3)are expected to rise /(X4)at 15% this year. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: E
58. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)By so early as next year /(X2)that leading investment bank /(X3)has plans to open /(X4)an office in New Delhi. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: A
59. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)There is lots of /(X2)supports from the employees /(X3)for the proposal to /(X4)merge with the parent company. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: A
60. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)Experts have recommended that /(X2)the government reconsidered /(X3)restrictions imposed on foreign /(X4)investment in real estate. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: B
61. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)The crucial point to /(X2)be discussed at the /(X3)meetings is how to /(X4)well implement the policy.No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: D
62. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)He wants to /(X2)set up a laboratory /(X3)to undertake research /(X4) into a vaccine for cancer. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: E
63. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)According to him /(X2) two factors which are /(X3) needy for success /(X4) are discipline and diligence. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: C
64. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)Because of the pace at /(X2)which the company is growing /(X3) I believe it will easily /(X4) achieve their target. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: D
65. Directions—(Q. 56–65) Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is (E).
(X1)It is truth /(X2)that India is /(X3)the largest consumer of /(X4)gold in the world. No error(X5)
(A). (X1)
(B). (X2)
(C). (X3)
(D). (X4)
Right Answer: A
66. Directions—(Q. 66–70) Which of the phrases (A), (B), (C) and (D) given below should replace the phrase given in bold in the following sentence to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (E) as the answer.
The bank is overstaffed, has led to low productivity.
(A). Led to
(B). Will lead towards
(C). And has led in
(D). Which has led to
Right Answer: D
67. Directions—(Q. 66–70) Which of the phrases (A), (B), (C) and (D) given below should replace the phrase given in bold in the following sentence to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (E) as the answer.
You delay in taking a decision conveys a negative impression.
(A). You delay to take
(B). If you delay taking
(C). Your delay in taking
(D). To delay by taking
Right Answer: C
68. Directions—(Q. 66–70) Which of the phrases (A), (B), (C) and (D) given below should replace the phrase given in bold in the following sentence to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (E) as the answer.
Today management student itself are opted to work for NGOs even though the salaries offered tothem are low.
(A). Student itself is
(B). Students themselves are
(C). Students have
(D). Student himself has
Right Answer: C
69. Directions—(Q. 66–70) Which of the phrases (A), (B), (C) and (D) given below should replace the phrase given in bold in the following sentence to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (E) as the answer.
Absence off any guidelines, they are unwilling to take up the project.
(A). Absent of
(B). In the absence of
(C). Because of the absence
(D). Without being absent
Right Answer: B
70. Directions—(Q. 66–70) Which of the phrases (A), (B), (C) and (D) given below should replace the phrase given in bold in the following sentence to make the sentence grammatically meaningful and correct. If the sentence is correct as it is and ‘No correction is required’, mark (E) as the answer.
Without the development of rural people the country can no claim to be developed.
(A). Can never claim
(B). Being claimed
(C). Not able to claim
(D). Have not any claim
Right Answer: A
71. Directions—(Q. 71–75) In each question below a sentence with four words printed in bold type is given. These are lettered as (A), (B), (C) and (D). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which iswrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printedin bold are correctly spelt and also appropriate in the context of the sentence, mark (E) i.e.. ‘All Correct’ as your answer.
The organization preferred to hire locale population as they understood the language and customer preferences. All Correct
(A). preferred
(B). locale
(C). understood
(D). preferences
Right Answer: B
72. Directions—(Q. 71–75) In each question below a sentence with four words printed in bold type is given. These are lettered as (A), (B), (C) and (D). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which iswrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printedin bold are correctly spelt and also appropriate in the context of the sentence, mark (E) i.e.. ‘All Correct’ as your answer.
In our opinion the exicting assessment system requires immediate revision.All Correct
(A). exicting
(B). assessment
(C). requires
(D). immediate
Right Answer: A
73. Directions—(Q. 71–75) In each question below a sentence with four words printed in bold type is given. These are lettered as (A), (B), (C) and (D). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which iswrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printedin bold are correctly spelt and also appropriate in the context of the sentence, mark (E) i.e.. ‘All Correct’ as your answer.
In responds to the advertisement a sizeable number of candidates have submitted their applications. All Correct
(A). responds
(B). sizeable
(C). submitted
(D). applications
Right Answer: A
74. Directions—(Q. 71–75) In each question below a sentence with four words printed in bold type is given. These are lettered as (A), (B), (C) and (D). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which iswrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printedin bold are correctly spelt and also appropriate in the context of the sentence, mark (E) i.e.. ‘All Correct’ as your answer.
There is no guarantee that if this model is adopted the entire sector will prosper.All Correct
(A). guarantee
(B). model
(C). entire
(D). prosper
Right Answer: E
75. Directions—(Q. 71–75) In each question below a sentence with four words printed in bold type is given. These are lettered as (A), (B), (C) and (D). One of these four words printed in bold may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which iswrongly spelt or inappropriate, if any. The number of that word is your answer. If all the words printedin bold are correctly spelt and also appropriate in the context of the sentence, mark (E) i.e.. ‘All Correct’ as your answer.
With this unique initiative the company hopes to sustain its current growth rate. All Correct
(A). unique
(B). hopes
(C). sustain
(D). current
Right Answer: D
76. Directions—(Q. 76–80) In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by letters (A), (B), (C), (D) and (E). Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence meaningfully complete.
Mr. Srinivasan is ..........to become Chairman of the group ......... the retirement of his father.
(A). set, following
(B). voted, subsequent
(C). selected, despite
(D). approved, because
Right Answer: A
77. Directions—(Q. 76–80) In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by letters (A), (B), (C), (D) and (E). Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence meaningfully complete.
........ to your error the ........... consignment has been delayed by a week.
(A). According, important
(B). Duly, urgent
(C). Owing, entire
(D). Added, crucial
Right Answer: C
78. Directions—(Q. 76–80) In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by letters (A), (B), (C), (D) and (E). Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence meaningfully complete.
On account of the ........... in sales the software firm has achieved an eight percent ........... in net profit.
(A). surge, fall
(B). increase, rise
(C). decline, slope
(D). hike, loss
Right Answer: B
79. Directions—(Q. 76–80) In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by letters (A), (B), (C), (D) and (E). Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence meaningfully complete.
We are proud to say that today ............. 26 percent of our total accounts are ............ by women and senior citizens.
(A). approximate, held
(B). nearly, authorised
(C). over, maintain
(D). above, open
Right Answer: E
80. Directions—(Q. 76–80) In each of the following sentences there are two blank spaces. Below each five pairs of words have been denoted by letters (A), (B), (C), (D) and (E). Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence meaningfully complete.
The company has ............ special training to employees on .......... to trade online.
(A). announced, benefits
(B). offered, course
(C). imparted, risks
(D). sanction, skills
Right Answer: E
81. Directions—(Q. 81–86) What should come in place of the question mark (?) in the following questions ?
196× 948÷ 158 = ?
(A). 1156
(B). 1200
(C). 1188
(D). 1176
Right Answer: D
82. Directions—(Q. 81–86) What should come in place of the question mark (?) in the following questions ?
(786×64)÷48 = ?
(A). 1050
(B). 1024
(C). 1048
(D). 1036
Right Answer: C
83. Directions—(Q. 81–86) What should come in place of the question mark (?) in the following questions ?
3·5 + 11·25 × 4·5 – 32·5 = ?
(A).
18·275
(B).
21·625
(C).
32·375
(D).
25·45
Right Answer: B
84. Directions—(Q. 81–86) What should come in place of the question mark (?) in the following questions ?
(2640 ÷ 48) × (2240 ÷ 35) = ?
(A). 3520
(B). 3515
(C). 3495
(D). 3490
Right Answer: A
85. Directions—(Q. 81–86) What should come in place of the question mark (?) in the following questions ?
7414 + 3698 + 1257 + 1869 = ?
(A). 14328
(B). 14438
(C). 13428
(D). 13248
Right Answer: E
86. Directions—(Q. 81–86) What should come in place of the question mark (?) in the following questions ?
(98360 + 25845 – 36540) ÷ 2500 = ?
(A).
36·585
(B).
30·082
(C).
32·085
(D).
35·066
Right Answer: D
87.
Directions—(Q. 87–91) What should come in place of the question mark (?) in the following number series ?
(A). 100
(B). 64
(C). 81
(D). 121
Right Answer: D
88.
Directions—(Q. 87–91) What should come in place of the question mark (?) in the following number series ?
(A). 33
(B). 53
(C). 63
(D). 73
Right Answer: C
89.
Directions—(Q. 87–91) What should come in place of the question mark (?) in the following number series ?
(A). 594
(B). 572
(C). 581
(D). 563
Right Answer: E
90.
Directions—(Q. 87–91) What should come in place of the question mark (?) in the following number series ?
(A). 31
(B). 29
(C). 41
(D). 37
Right Answer: A
91.
Directions—(Q. 87–91) What should come in place of the question mark (?) in the following number series ?
50, 26, 14, ?, 5, 3·5
(A). 6
(B). 8
(C). 10
(D). 12
Right Answer: B
92. The ratio of ducks and frogs in a pond is 37 : 39 respectively. The average number of ducks and frogs in the pond is 152. What is the number of frogs in the pond ?
(A). 148
(B). 152
(C). 156
(D). 144
Right Answer: C
93. The number of employees in Companies A, B and C are in a rtio of 4 : 5 : 6 respectively. If the number of employees in the three Companies is increased by 25%, 30% and 50% respectively, what will be the new ratio of employees working in Companies A, B and C respectively ?
(A). 13 : 10 : 18
(B). 10 : 13 : 17
(C). 13 : 15 : 18
(D). Cannot be determined
Right Answer: E
94. The average of five positive numbers is 213. The average of the first two numbers is 233·5 and the average of last two numbers is 271. What is the third number ?
(A). 64
(B). 56
(C). 106
(D). Cannot be determined
Right Answer: B
95. Sonali invests 15% of her monthly salary in insurance policies. She spends 55% of her monthly salary in shopping and on household expenses. She saves the remaining amount of Rs. 12,750. What is Sonali’s monthly income ?
(A). Rs. 42,500
(B). Rs. 38,800
(C). Rs. 40,000
(D). Rs. 35,500
Right Answer: A
96. In how many different ways can the letters of the word ‘ARISE’ be arranged ?
(A). 90
(B). 60
(C). 180
(D). 120
Right Answer: D
97. What approximate amount of compound interest can be obtaied on an amount of Rs. 9650 at the rate of 6 p.c.p.a. at the end of 3 years ?
(A). Rs. 1737
(B). Rs. 1920
(C). Rs. 1720
(D). Rs. 1860
Right Answer: E
98. A milkman sells 120 litres of milk for Rs. 3360 and he sells 240 litres of milk for Rs. 6120. How much concession does the trader give per litre of milk, when he sells 240 litres of milk ?
(A). Rs. 2
(B). Rs. 3· 5
(C). Rs. 2· 5
(D). Rs. 1· 5
Right Answer: C
99. When 3626 is divided by the square of a number and the answer so obtained is multiplied by 32, the final answer obtained is 2368. What is the number ?
(A). 7
(B). 36
(C). 49
(D). 6
Right Answer: A
100. The sum of the two digits of a two digit number is 14. The difference between the first digit and the second digit of the two digit number is 2. What is the product of the two digits of the two digit number ?
(A). 56
(B). 48
(C). 45
(D). Cannot be determined
Right Answer: B
101. A car runs at the speed of 50 kms per hour when not serviced and runs at 60 kms/hr. when serviced. After servicing the car covers a certain distance in 6 hours. How much time will the car take to cover the same distance when not serviced ?
(A). 8·2 hours
(B). 6·5 hours
(C). 8 hours
(D). 7·2 hours
Right Answer: D
102.
Directions—(Q. 102–104) What approximate value should come in place of the question mark (?) in the following questions ?
(4863 + 1174 + 2829)÷756 = ?(A). 18
(B). 16
(C). 12
(D). 9
Right Answer: C
103.
Directions—(Q. 102–104) What approximate value should come in place of the question mark (?) in the following questions ?
37·35 + 13·064×3·46 = ?(A). 89
(B). 83
(C). 76
(D). 79
Right Answer: B
104.
Directions—(Q. 102–104) What approximate value should come in place of the question mark (?) in the following questions ?
54×746÷32 = ?(A). 1259
(B). 1268
(C). 1196
(D). 1248
Right Answer: A
105. The simple interest accrued in four years on a principal of Rs 20,000 is one– tenth of the principal. What is the rate of simple interest pcpa?
(A). 4
(B). 5
(C). 6
(D). 2
Right Answer: E
106. What value will be obtained if the square of 25 is subtracted from the square of 31?
(A). 267
(B). 366
(C). 278
(D). 336
Right Answer: D
107. The side of a square is equal to the diameter of a circle. The area of the square is 441 sq cm. What is the area of the circle?
(A). 112sqcm
(B). 356.8sqcm
(C). 346.5sqcm
(D). 132sqcm
Right Answer: C
108. What is sixty per cent of five–sixteenths of a number if the number is equal to the sum of 192 and square of 12?
(A). 78
(B). 45
(C). 63
(D). 54
Right Answer: C
109. Sun it a scored 56 marks in Hindi, 42 marks in Science, 63 marks in Maths, 94 marks in Social Science and 61 marks in English. The maximum marks of each subject is 110 . How much approximate percentage of marks did she get?
(A). 68
(B). 51
(C). 57
(D). 62
Right Answer: C
110. The ratio of the present ages of Madan and Kamal is 8:5. After eight years, Madan's age will be 40 years. What was Kamal's age 6 years ago?
(A). 14 years
(B). 16 years
(C). 12 years
(D). 20 years
Right Answer: A
111.
Directions (111 - 115): What approximate value should come in place of the question mark(?) in the following questions?
1.992 × 24.998 × 49.987 = ?
(A). 2000
(B). 1500
(C). 1000
(D). 2500
Right Answer: D
112.
Directions (111 - 115): What approximate value should come in place of the question mark(?) in the following questions?
20.002 × 39.996 × 0.499 = ?
(A). 300
(B). 450
(C). 550
(D). 400
Right Answer: D
113.
Directions (111 - 115): What approximate value should come in place of the question mark(?) in the following questions?
(A). 95
(B). 75
(C). 55
(D). 35
Right Answer: C
114.
Directions (111 - 115): What approximate value should come in place of the question mark(?) in the following questions?
2001.14 + 54.89×9.899 = ?(A). 420
(B). 300
(C). 330
(D). 390
Right Answer: D
115.
Directions (111 - 115): What approximate value should come in place of the question mark(?) in the following questions?
3569÷19 = ?(A). 185
(B). 155
(C). 205
(D). 255
Right Answer: A
116.
Directions (116 - 120): What should come in place of the question mark (?) in the following number series?
(A). 46
(B). 49
(C). 47
(D). 48
Right Answer: C
117.
Directions (116 - 120): What should come in place of the question mark (?) in the following number series?
(A). 695
(B). 685
(C). 665
(D). 675
Right Answer: D
118.
Directions (116 - 120): What should come in place of the question mark (?) in the following number series?
(A). 26885
(B). 26880
(C). 26882
(D). 26888
Right Answer: B
119.
Directions (116 - 120): What should come in place of the question mark (?) in the following number series?
(A). 34
(B). 98
(C). 38
(D). 94
Right Answer: A
120.
Directions (116 - 120): What should come in place of the question mark (?) in the following number series?
(A). 598
(B). 593
(C). 595
(D). 597
Right Answer: C
121. In row of forty children, R is eleven h from the right end and there are fifteen children between R and M. What Is M's position from the left end of the row ?
(A). Fourteenth
(B). Fifteenth
(C). Thirteenth
(D). Cannot be determined i
Right Answer: B
122. In a certain code language 'how many are there' is written as 'ka na ta da' and 'many are welcome here' is written as 'na pi ni ka'. How is 'how' written in that code language ?
(A). ta
(B). da
(C). taorda
(D). Data inadequate
Right Answer: D
123. If the positions of the first and the fifth digits of the number 83591427 are interchanged, similarly the positions of the second and the sixth digits are interchanged and so on then which of the following will be the second digit from the right end after the rearrangement ?
(A). 5
(B). 3
(C). 9
(D). 2
Right Answer: C
124. How many such pairs of letters are there in the word ADJUSTING each of which has as many letters between them in the word as in the English alphabet ?
(A). None
(B). One
(C). Two
(D). Three
Right Answer: C
125. How many meaningful English words, can be formed with the letters LBAE using each letter only once in each word ?
(A). None
(B). One
(C). Two
(D). Three
Right Answer: A
126. In a certain code BUILDER is written as JVCKSFE. How is SEALING written in that code ?
(A). BTFKHOJ
(B). JOHKBFT
(C). TFBKHOJ
(D). BFTKJOH
Right Answer: D
127. If 'R' denotes V; T denotes '-'; "M", denotes '+' and W denotes V,then— 27 T 15 R3 W 4 M 6 = ?
(A). 7
(B). 13
(C). -23
(D). 1
Right Answer: A
128. In a certain code WAVE is written as '5%3*' and WINS is written as '59@© '. How is SANE written in that code ?
(A).
©9@
(B). %©©
(C).
©©%
(D).
©%©
Right Answer: A
129. Which of the following is the middle digit of the third highest among the five three-digit numbers given below ?.368 931 472 715 647
(A). 6
(B). 3
(C). 7
(D). 1
Right Answer: A
130. Among P, Q, R, S and T each having a different height, Q is shorter than only T and S is shorter than P and R. Who among them is the shortest ?
(A). R
(B). S
(C). P
(D). Data inadequate
Right Answer: E
131.
Directions (131-135) : Study the following arrangement carefully and answer the questions given below :
B M % R 3 J @ K © D F 6 9 W 4 NEP2$AY5IQZ#7UG
(A). J
(B). Q
(C). W
(D). E
Right Answer: A
132.
Directions (131-135) : Study the following arrangement carefully and answer the questions given below :
B M % R 3 J @ K © D F 6 9 W 4 NEP2$AY5IQZ#7UG
(A). None
(B). One
(C). Two
(D). Three
Right Answer: D
133.
Directions (131-135) : Study the following arrangement carefully and answer the questions given below :
B M % R 3 J @ K © D F 6 9 W 4 NEP2$AY5IQZ#7UG
(A). 9
(B). 6
(C). P
(D). Y
Right Answer: E
134.
Directions (131-135) : Study the following arrangement carefully and answer the questions given below :
B M % R 3 J @ K © D F 6 9 W 4 NEP2$AY5IQZ#7UG
(A). None
(B). One
(C). Two
(D). Three
Right Answer: A
135.
Directions (131-135) : Study the following arrangement carefully and answer the questions given below :
B M % R 3 J @ K © D F 6 9 W 4 NEP2$AY5IQZ#7UG
(A). Y5I
(B). YIQ
(C). A5Q
(D). YIZ
Right Answer: B
136.
Directions (136 - 138): Following questions are based on the five three digit numbers given below:
756 421 843 615 597
What will be the product of the first and the third digits of the third highest number ?(A). 40
(B). 30
(C). 35
(D). 24
Right Answer: B
137.
Directions (136 - 138): Following questions are based on the five three digit numbers given below:
756 421 843 615 597
If the positions of the first and the third digits of each of the numbers are interchanged, which of the following will be the sum of the first and the second digits of the lowest number ?(A). 3
(B). 7
(C). 6
(D). 8
Right Answer: A
138.
Directions (136 - 138): Following questions are based on the five three digit numbers given below:
756 421 843 615 597
If '3' is subtracted from the first digit in each number and T is added to the third digit in each number and then if the positions of the first and second digits in each number are interchanged, then which of the following numbers will be the second lowest ?(A). 615
(B). 421
(C). 756
(D). 597
Right Answer: B
139.
Directions (139- 144) : In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV, You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
All silver are metals.
All metals are steel.
Some steel are stones.
All stones are stands.
Conclusions:
I. Some stands are metals.
II. Some stones are silver.
III. Some stands are steel.
IV. Some stones are steel.
(A). Only III and IV follow
(B). Only I follows
(C). Only II follows
(D). Only III follows
Right Answer: A
140.
Directions (139- 144) : In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV, You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
All chairs are tables.
All tables are songs.
Some songs are rhythms.
Some rhythms are pillows.
Conclusions:
I. Some tables are chairs.
II. All tables are rhythms.
III. All chairs are songs.
IV. Some pillows are songs.
(A). Only I and III follow
(B). Only I and IV follow
(C). Only I follows
(D). Only III follows
Right Answer: A
141.
Directions (139- 144) : In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV, You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Some mobiles are pens.
Some pens are covers.
Some covers are plates.
All plates are papers.
Conclusions:
I. All mobiles are covers.
II. Some pens are papers.
III. All plates are pens.
IV. Some papers are mobiles.
(A). Only I follows
(B). Only II follows
(C). Only 1 and IV follow
(D). Only II and IV follow
Right Answer: E
142.
Directions (139- 144) : In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV, You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
All shoes are tables.
Some tables are lanes.
All caps are lanes.
Some lanes are row.
Conclusions:
I. Some tables are rows.
II. Some tables are shoes.
III. Some rows are caps.
IV. Some lanes are shoes.
(A). Only I and II follow
(B). Only II follows
(C). Only III follows
(D). Only either I or IV follows
Right Answer: B
143.
Directions (139- 144) : In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV, You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
All brands are bottles.
All bottles are machines.
All machines are files.
All files.are roots.
Conclusions:
I. Some flies are machines.
II. Some brands are roots.
III. Some machines are roots.
IV. All brands are flies.
(A). None follows
(B). Only I follows
(C). Only IV follows
(D). All follow
Right Answer: D
144.
Directions (139- 144) : In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV, You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Some symbols are numbers.
Some numbers are letters.
All alphabets are symbols.
All pianos are letters.
Conclusions:
I. Some symbols are letters.
II. Some numbers are pianos.
III. No letter is symbol.
IV. Some symbols are alphabets.
(A). Only I follows
(B). Only II follows
(C). Only III and IV follow
(D). Only IV follows
Right Answer: E
145.
Directions (145- 149) : Study the following arrangement carefully and answer the questions given below :
4$3ZYA56*©@7PLETQSB 2 8 C 1 M UIX%
(A). B f
(B). 7
(C). L
(D). E
Right Answer: D
146.
Directions (145- 149) : Study the following arrangement carefully and answer the questions given below :
4$3ZYA56*©@7PLETQSB 2 8 C 1 M UIX%
(A). None
(B). One
(C). Two
(D). Three
Right Answer: B
147.
Directions (145- 149) : Study the following arrangement carefully and answer the questions given below :
4$3ZYA56*©@7PLETQSB 2 8 C 1 M UIX%
(A). 4
(B). 3
(C). 5
(D). 7
Right Answer: D
148.
Directions (145- 149) : Study the following arrangement carefully and answer the questions given below :
4$3ZYA56*©@7PLETQSB 2 8 C 1 M UIX%
(A). None
(B). One
(C). Two
(D). Three
Right Answer: C
149.
Directions (145- 149) : Study the following arrangement carefully and answer the questions given below :
4$3ZYA56*©@7PLETQSB 2 8 C 1 M UIX%
(A). 4ZA
(B). $Y5
(C). CU%
(D). PTS
Right Answer: C
150.
‘Captain’ is related to a ‘Team’ in the same way as ‘Director’ is related to
(A). Supervisor
(B). Employee
(C). Organisation
(D). Union
Right Answer: C
151. Find the odd one out of the following options
(A). Aunt
(B). Child
(C). Father
(D). Niece
Right Answer: E
152.
Pointing to a photograph of Mahesh, Ram said. “The father of his sister is the husband of my wife’s mother”. How is Ram related to Mahesh?
(A). Brother
(B). Brother-in-law
(C). Father-in-law
(D). Data not sufficient
Right Answer: B
153.
If ‘fork’ is called ‘plate’, ‘plate’ is called ‘knife’, ‘knife’ is called ‘jug’, ‘jug’ is called ‘glass’, ‘glass’ is called ‘cup’ and ‘cup’ is called ‘fork’, by what do we cut fruit?
(A). spoon
(B). jug
(C). glass
(D). saucer
Right Answer: B
154.
If ‘a’ is substituted by 26,’B’ by 25 and so on up to ‘Z’ which is substituted by 1, what will be the sum of the numbers substituted for the word ‘XRAY’?
(A). 33
(B). 40
(C). 37
(D). 73
Right Answer: B
155. In a certain code COIMBATORE is written as DPJNCBUPSF. How is INDORE written in that code?
(A). JOENQF
(B). JMCPQD
(C). JOEPSF
(D). HMCNQD
Right Answer: C
156. Geeta is elder to Seeta but not to Deepa. Gayatri is younger than Deepa. No one is elder to Fatima. Who is youngest of them all?
(A). Seeta
(B). Geeta
(C). Gayatri
(D). Data not sufficient
Right Answer: D
157. Raman is sitting to the immediate left of Harry but not next to Kamal. Mahesh is sitting to the right of Kamal. If the four friends are sitting in a circle who is sitting to the immediate right of Harry?
(A). Mahesh
(B). Kamal
(C). Raman
(D). Harry
Right Answer: B
158.
How many three letter meaningful English words can be formed from the word NOTE beginning with ‘T’ and without repeating any letter?
(A). Three
(B). One
(C). Two
(D). None
Right Answer: A
159.
In a certain code language’ In ba pe’ means ‘he has won’,’le ki ba’ means ‘she has lost’ and ‘in se pe’ means ‘he always won’. Which word in that language means ‘he’?
(A). in
(B). pe
(C). se
(D). Data not sufficient
Right Answer: D
160.
X is Y’s brother. S is T’s mother and X’s aunt. How is T related to X?
(A). Sister
(B). Cousin
(C). Aunt
(D). Cannot be determined
Right Answer: B
161. Cross-selling covers—
(A). Identifying customer needs
(B). Matching the Products to customer needs
(C). Convincing the customers of Product benefits
(D). Responding to questions and objections of customers
Right Answer: B
162. A Prospect means—
(A). Any customer who walks into the Bank
(B). An employee of the Bank
(C). A customer who is likely to be interested in Bank's Product or service
(D). A Depositor of the Bank
Right Answer: C
163. A Lead means—
(A). A Prospect who is more likely to avail of the Bank's Product
(B). A Political Leader
(C). A Religious Leader
(D). A Bank Chairman
Right Answer: A
164. Innovation means—
(A). Compensation
(B). Inspiration
(C). Additional perquisites
(D). Implementing new ideas or new methods
Right Answer: D
165. A Call means—
(A). Calling on friends
(B). Calling on Bank employees
(C). Calling on Prospective customers
(D). To make telephone calls
Right Answer: C
166. The Traditional Marketing style involves—
(A). Telemarketing
(B). Digital Marketing
(C). Indirect Marketing
(D). Direct Marketing
Right Answer: C
167. Modern methods of Marketing include—
(A). Publicity on the net
(B). Advertisement on the net
(C). Soliciting business through e-mails
(D). Telemarketing
Right Answer: E
168. A true marketing mindset requires—
(A). Command and order mindset
(B). Control mindset
(C). Active mindset
(D). Passive mindset
Right Answer: A
169. Which of the following sentences is True ?
(A). Marketing is not required in a Buyers' Market
(B). Marketing is not required in a Sellers' Market
(C). Marketing is not required due to globalization
(D). Marketing is not required due to competition
Right Answer: B
170. For effective marketing, the salesmen should have which of these qualities—
(A). Creativity
(B). Team spirit
(C). Motivation
(D). Effective communication skills
Right Answer: E
171. Market information means—
(A). Knowledge of shops and bazaars
(B). Knowledge of shopping malls
(C). Knowledge of customer profile and product mix
(D). Knowledge of various languages
Right Answer: C
172. Market Research is needed for—
(A). Deciding the market area
(B). Deciding the right product to be sold
(C). Making proper marketing decisions
(D). Deciding right time to sell
Right Answer: E
173. Which of the following statements is True ?
(A). Marketing makes the Company to go into loss due to higher expenses
(B). Marketing is not required in profit-making companies
(C). Marketing sharpens the minds of the employees
(D). Marketing is a time-bound seasonal function
Right Answer: E
174. Marketing Plan helps in—
(A). Better lead generation
(B). Better systems
(C). Better results
(D). Improved Balance Sheet
Right Answer: E
175. If Marketing is done effectively, which of the following is not required—
(A). Advertisement
(B). Publicity
(C). Market Research
(D). Market Segmentation
Right Answer: B
176. Motivation means—
(A). Inspiring employees to perform better
(B). Better Communication Skills
(C). Sales coaching
(D). Market Research
Right Answer: A
177. In a Selling Process in today's world—
(A). Only standard products are sold
(B). No customization required
(C). The Seller need not have product knowledge
(D). The Seller should aim at customer satisfaction
Right Answer: D
178. Find the True statement—
(A). Marketing is a waste of the employees' time
(B). Marketing is not required in India due to its vast population
(C). Marketing involves additional work
(D). Marketing involves team work
Right Answer: D
179. A Target Market is—
(A). Entire country
(B). Entire city
(C). Entire globe
(D). That which consists of customers who need the identified product
Right Answer: D
180. Sales forecasting involves—
(A). Sales Planning
(B). Sales pricing
(C). Distribution Channels
(D). Consumer tastes
Right Answer: E
181. How many options does a binary choice offer ?
(A). None
(B). One
(C). Two
(D). It depends on the amount of memory in the computer
Right Answer: C
182. Data going into the computer is called—
(A). Output
(B). Algorithm
(C). Input
(D). Calculations
Right Answer: C
183. How many values can be represented by a single byte ?
(A). 4
(B). 16
(C). 64
(D). 256
Right Answer: E
184. Transformation of input into output is performed by—
(A). Peripherals
(B). Memory
(C). Storage
(D). The Input-Output unit
Right Answer: E
185. Device drivers are—
(A). Tiny power cords for external storage devices
(B). Experts who know how to maximize the performance of devices
(C). Small, special-purpose programs
(D). The innermost part of the operating system
Right Answer: D
186. A collection of programs that controls how your computer system runs and processes information's called—
(A). Operating system
(B). Computer
(C). Office
(D). Compiler
Right Answer: B
187. Which of the following refers to a small, single-site network ?
(A). LAN
(B). DSL
(C). RAM
(D). USB
Right Answer: A
188. A set of instructions telling the computer what to do is called�
(A). Mentor
(B). Instructor
(C). Compiler
(D). Program
Right Answer: D
189. If you receive an e-mail from someone you don't know, what should you do ?
(A). Forward it to the police immediately
(B). Delete it without opening it
(C). Open it and respond to them saying you don't know them
(D). Reply and ask them for their personal information
Right Answer: B
190. Which of the following can handle most system functions that aren't handled directly by theoperating system ?
(A). Vertical-market applications
(B). Utilities
(C). Algorithms
(D). Integrated software
Right Answer: A
191. Microsoft Office is�
(A). Shareware
(B). Public-domain software
(C). Open-source software
(D). A vertical-market application
Right Answer: E
192. Computers connected to a LAN (Local Area Network) can�
(A). Run faster
(B). Go on line
(C). Share information and/or share peripheral equipment
(D). E-mail
Right Answer: C
193. Which of the following refers to the memory in your computer ?
(A). RAM
(B). DSL
(C). USB
(D). LAN
Right Answer: A
194. Information travels between components on the motherboard through�
(A). Flash memory
(B). CMOS
(C). Bays
(D). Buses
Right Answer: D
195. One megabyte equals approximately�
(A). 1,000 bits
(B). 1,000 bytes
(C). 1 million bytes
(D). 1 million bits
Right Answer: C
196. When you are working on a document on a PC, where is the document temporarily stored ?
(A). RAM
(B). ROM
(C). The CPU
(D). Flash memory
Right Answer: A
197. How are data organized in a spreadsheet ?
(A). Lines and spaces
(B). Layers and planes
(C). Height and width
(D). Rows and columns
Right Answer: D
198. Magnetic tape is not practical for applications where data must be quickly recalled because tape is �
(A). A random-access medium
(B). A sequential-access medium
(C). A read-only medium
(D). Fragile and easily damaged
Right Answer: E
199. The blinking symbol on the computer screen is called the�
(A). Mouse
(B). Logo
(C). Hand
(D). Palm
Right Answer: E
200. When cutting and pasting, the item cut is temporarily stored in�
(A). ROM
(B). Hard drive
(C). Diskette
(D). Dashboard
Right Answer: E
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