Which Associate Bank is better and why?
Dear PaGaLGuY readers,
We are presenting you a Financial Awareness quiz which will be helpful in your preparation. In Competitive exams questions related to Economics & Finance are generally asked in General Awareness section. So do solve the quiz and try to give your answers in comment section, soon we will publish the correct answers.
1. Recently, E -wallet 'Pockets' Digital Bank service was launched by which among the following banks?
(1) Axis Bank
(2) State Bank of India
(3) ICICI Bank
(4) Bank of Baroda
(5) HDFC Bank
2. According to the Central Statistics organization (CSO), India's GDP pegged up at _____ in 2014-15.
(1) 4.5%
(2) 5.6%
(3) 6.4%
(4)7.4%
(5) 5.5%
3. Recently, Base Year has changed from 2004-05 to _____.
(1) 2006 - 07
(2) 2008-09
(3) 2009-10
(4) 2010 - 11
(5) 2011-12
4. What is current Statutory Liquidity Ratio (SLR) rate?
(1) 22%
(2) 22.5%
(3) 21%
(4) 21.5%
(5) 23%
5. Which among the following statements is/are correct in context with the Payment Banks? Mark the correct answer from the given options.
(A) Payments banks can open small savings accounts and accept deposits of up to Rs.1 lakh per individual customer and provide remittance services.
(B) Payment banks will offer both deposits as well as loan products.
(C) The minimum paid-up capital requirement for payment banks is Rs. 100 crore.
(D) Payments banks will have to invest in government securities with a maturity of up to two year.
(1) Only A & B
(2) Only B & C
(3) Only A & C
(4) Only B & D
(5) All are correct
6. Recently, Naresh Takkar appointed Chief executive officer (CEO) of India rating agency ICRA. Headquarter of ICRA located in ____.
(1) Mumbai
(2) Bengaluru
(3) New Delhi
(4) Gurgaon
(5) Chennai
7. Recently, Reserve Bank of India has constituted a high level committee, to re-examine and recommend appropriate set of businesses, size, conversion and licensing terms for the Urban Cooperative Banking Sector. The High level committee will be headed by ______.
(1) Urjit Patel
(2) R Gandhi
(3) SS Mundra
(4) Anand Sinha
(5) H Devraj
8. According to the United Nations Conference on Trade and Development (UNCTAD) latest report, which among the following countries has figure as the world's largest recipient of the Foreign Direct Investment (FDI) in 2014?
(1) India
(2) US
(3) Hong Kong
(4) China
(5) Singapore
9. What is the rank of India in Ease of Doing Business Index 2015?
(1) 164
(2) 142
(3) 134
(4) 121
(5) 156
10. Recently, World Bank projects how much per cent economic growth rate in India for current financial year?
(1) 6.6%
(2) 6.5%
(3) 6.4%
(4) 5.5%
(5) 5.6%
Answers:
Qs 1 (3) Qs 2 (4) Qs 3 (5) Qs 4 (4) Qs 5 (3)
Qs 6 (4) Qs 7 (2) Qs 8 (4) Qs 9 (2) Qs 10 (3)
1. ICICI bank has launched E-wallet 'Pockets' service to allow any individual to instantly make transactions on a mobile phone with or without a bank account.
2. According to CSO, India's gross domestic product has been pegged at 7.4% for current fiscal. The estimate is based on new formula. Earlier GDP used to be calculated by calculating the gross value added to the economy at factor cost . Now it is done at market price
GVA at market price = GVA at factor cost + indirect taxes -subsidies.
3. Base year has been changed from 2004-05 to 2011-12. it is a routine change and is usually done every five years. It is done to make sure that the current state of economy is properly reflected.
4. RBI reduced Statutory Liquidity Ratio (SLR) by 50 basis points to 21.5% from 22% in its sixth bi-monthly policy review.
5. Payment banks will be used only for transaction and deposits purposes. They cannot lend money to the customer. Payments banks will have to invest in government securities with a maturity of up to one year.
6. ICRA Limited is an Indian independent and professional investment information and credit rating agency. Headquarter of ICRA located in Gurgaon, India.
7. RBI has constituted a High Powered Committee under the Chairmanship of Deputy Governor R Gandhi to re-examine and recommend appropriate set of businesses, size, conversion and licensing terms for the Urban Cooperative Banking Sector.
8. According to the United Nations Conference on Trade and Development (UNCTAD) latest report, China toppled the US in 2014 as the world's largest recipient of the FDI -- a position that the US had been holding almost consistently since the 1980's -- though with a modest increase of 3 per cent. The top five FDI hosts in 2014 were China, Hong Kong, United States, Singapore and Brazil.
9. India ranked 142nd in Ease of Doing Business Index 2015, which is setback as compared with China 90th, Russia 62nd and Brazil 120th. Ease of Doing Business Index is released by World Bank.
10. World Bank projects 6.4% economic growth rate in India for current financial year.
Hi puys,
Any questions related to your core engineering branches like -EEE, ECE, Mech etc in this interview. I am from EEE background and do I need to face any questions from my core branch? All of you suggest and those who already completed your interview, please respond.
EDITED: I got it in SBH... feeling awesome!!
Original:
haha.. what an interview it was... :P
my interview was at Hyderabad (State Bank Staff College, Begampat) at 11 am..panel #3
Category: PWD
Documentation was ok... they were checking even names in the xerox! 😛
GD Topic: Should retirement age of Emp be increased?
the panel was very impressed with my views!
then come the best and icing on the cake: THE INTERVIEW
there were 4 guys and a lady in the panel
the lady was so impressed by my views that she told that my views were very good THREE TIMES 😁 (when i entered the room, during the interview and while leaving) was very happy
the lady asked me abt my documentary (i mentioned that i won 1st prize in documentary) and asked me how can she see that on youtube. i showed https://www.youtube.com/watch?v=9th82A_XL6o
then I showed them a newspaper article which came on me and my twin brother... http://2.bp.blogspot.com/-5ZXpXgOMkFQ/VH6xhCZ-qyI/AAAAAAAAAH0/BbVa4dMaxdk/s1600/IMG-20141202-WA0024.jpg
then I showed them an blog post which is again on me and my bro.. http://sumayyahfatimasiraj.blogspot.in/2014/12/there-are-no-free-lunches-in-life.html
the panel was impressed with me...
then one guy, out of no where asked me 3 qsts
1) break even point (Answered)
2) something related to production management (Unanswered - heard it for the first time as my major was not on operations)
3) i don't remm and i din't answered it too
then a guy asked me abt my work-ex...
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thats it...... interview over!!
i was shocked to hear that :P
For those who got into SBI PO, what is the actual in hand salary per month.
Hello Everyone, Due to medical problems I deferred my joining till March 10 from Dec 29... Now I am about to join Jammu Branch ... Please someone guide me on following queries :
How much salary is in hand salary and What about the accommodation?
Upto how much can one lease an accommodation (fully furnished) in Jammu as PO? And the Lease has to be submitted in original to the Branch Manager?
Like I will be reaching Jammu few days before 10th and how am I to look for room and do the whole lease procedure so as I will be able to draw maximum bnefits from the bank?
Also I have heard from someone that Prepaid Phones dont Work in Jammu ? and what about the broadband facility in Jammu?
PLEASE HELP
selected candidates for sbi po 2014 interview share your descriptive paper,group discussion ,personal interview marks attended associate po just wondering about average marks given
do we have to submit last attended college Leaving certificate at the time of joining? I think it is required for Date of birth proof. I have passport and Std 10th marksheet with DOB mentioned on it. is it acceptable? plz help/
I have my joining on March 15th.. Do I need to send any mail if I am cancelling my job offer ?
guys if its about online mock papers for prep... is mahindra mock papers good??
i find it economical..either suggest other mock site.......
whatapp with your name and your state whatsapp no- 9017351000 (only sbi qualified canditates)
Hi guys,
I got my sbi po joining deferred till 31st march(lko circle). The hr lady told me to inform her few days in advance when i wished to join. I asked her yesterday where do i have to join, she said i will tell u tomorrow. Today she said i cant tell u anything, it is confidential. Now i am joining on 26th and if that day she tells me to go to some distant city the next day how will i arrange travel n lodging??? She was so mean. I am totally bewildered. Is this the joining process? Am i not to be told the branch in advance so that i can prepare? Please help.
pls anyone suggest how can i fine-tune my skills so that i get into sbi this yr.i got 89 in ibps po but i dont think this kind of marks would be enough for sbi.so pls suggest me how can i sharp my skills
My cat 2014 percentile- 96 percentile
NMAT- 98.7 percentile
SNAP - 97.31 percentile
But , facing rejection in reputed colleges due to bad acads in btech. (ECE) . i m in final year with just 54%. Knows nothing much about ECE. Jugaad kr kr k paas kiya engineering. Will during interview of SBI Po ,does panelist take Grads % into consideration, Do they ask Techincal questions about Engineerng subjects ..? does such acads obstructs growth in bank promotions..?
please guide seniors.. 😞
Thank you
is anyone here from lucknow circle?
What measure does RBI use to liquidate the market?
How is work ex counted in SBI? Do they count the years of serving them in probation also in work ex?
is der any option to specify our preferred location while joining sbi....am from tamilnadu ...is der any option for me to work in my state ??? tier 1 tier 2 cities or in any rural areas of tamilnadu
SBI PO 2015: Prelims (Tier I) Model Paper
Dear PaGaLGuY readers,
We are pleased to present you the SBI PO Prelim (Tier I) Model Paper, which is based on the pattern of SBI PO 2015 Prelim (Tier I) Exam. This Model Paper is certain to help you in your preparation for SBI PO 2015 exam.
http://www.pagalguy.com/articles/sbi-po-2015-prelims-tier-i-model-paper-33258691
A question to the ones who've been selected as a PO in SBI in 2014 or earlier exercises.
Do you know anyone from the associate Banks of SBI who has been able to get into SBI as a PO ? Do they generally allow such candidate into SBI or they're dissuaded at SBI PO interview being from the same group ?