List of Questions Asked in IBPS Clerk Exam 2014-15 Part 3/3

Here is the list of final part 3/3 of questions asked in IBPS Clerk Exam 2014 Till Date,
Following are the list of questions which have been asked in the online exam of IBPS Clerk 2014

• Full form of SEZ- Special Economic Zone
• Who won Noble prize in Economics-Jean Tirole
• Share of state government in RRB - 15%
• PDA Full form- Personal Digital Assistant
• What is C in MICR- Character
• Shortcut key of Find in a document - Ctrl+F
• Full form of GST- Goods and service Tax
• What is the exchange date for pre 2005 Notes? - 1st Jan 2015
• Rupay card is developed by? - NPCI
• Kuwait capital- Kuwait City
• UNICEF HQ- New York
• International Day for the Elimination of Violence against Women - 25 November 
• State Minister Of Skill Development & Entrepreneurship- Rajiv Pratap Rudy 
• Anirban Lahiri related to?- Golf
• Full form of MICR- Magnetic Ink Character Reader
• Full form of RTGS- Real Time Groass Settlement
• SAARC summit 2014- Kathmandu, Nepal
• Sansad Adarsh Gram yojna started on whose birthday- Lok Nayak Jaya Prakash Narayan
• Full form of HTTP- HyperText Markup Language
• Rajnath constituency- Lucknow
• Indira Gandhi Awas Yojna will provide house to how many households-
• Target of accounts under JanDhan Yojna- 10 crore
• Commonwealth games held in?
• Target under PMJDY 
• Artificial intelligence related questions
• Bank borrow money from RBI - Repo Rate
• Oracle is
• MICR
• Unity day
• 2016 Olympics venue
• ASCII full form
• One question related to GPS
• ATS full form 
• One question from RFID chip
• Chip commonly known as
• Which of the following not a storage? Printer
• Kissan credit card validity – 5 years
• UNIDO headquarter
• G-20 Summit  2016 will  be held in – China
• Ajay Jayaram associated with which game – Badminton
• Hindu Kush is between which countries – Afghanistan and Pakistan
• Age limit for minors to operate saving account – 10 years
• Committee to Identify 'Obsolete' Laws - R. Ramanujam
• World Pneumonia day – 12th November
• Unity Day celebrated on  birth anniversary of  – Sardar Vallabhbhai Patel
• KYC norms implemented under  - Banking Regulation Act, 1949
• Information and broadcasting minister – Arun Jaitley
• Capital of Cambodia – Phnom Penh
• Currency of Greece – EURO
• Normon gorden  is a veteran - South African bowler
• Lokpal selected by whom?
• Monetary policy regulated by – RBI
• Full form of NBFC – Non-Banking Finance Company
• Full form of NPPA - National Pharmaceutical Pricing Authority
• Full form of LTV – Loan To Value
• Full form of IPO – Initial Public Offering
• Full form of TDS - Tax Deducted at Source
• Full form of FEMA – Foreign Exchange Management Act  
• Full form of NAV – Net Asset Value
• Kissan Vikas Patra money doubles in – 100 months 
• Banking ombudsman appointed  by - RBI
• Hand –in-Hand” is – Military exercise b/w India & China
• Chairman of national women commission – Lalitha Kumarmangalm
• Full form of  DOS – Disk Operating System
• Full form of  VIRUS - Vital Information Resources Under Siege
• Full form of  LSI – Large Scale integration Computer
• In MOM first M stands for - MARS
• Who is the author of the book 'Playing it my way'  - Sachin Tendulkar
• Where is the capital of Sweden? - Stockholm
• World chess champion event of 2014 held in? - Sochi 
• Where is the headquarter of UNESCO? - Paris
• KLO is active in which state? Assam and West Bengal
• What is the full form of NPA? - Non Performing Assets
• Who is the lender of last resort for banks in India? - RBI
• What is the full form of URL? - Uniform Resource Locator
• What is the full form of KYC? - Know Your Customer 
• What is the full form of BC? -Business Correspondent
• Next Commonwealth summit will be held in? - Malta
• Where was the venue of APEC summit in 2014? - Beijing
• What is Amortization? - The paying off of debt with a fixed repayment schedule in regular installments over a period of time.
• What is the Duration of PPF account? - 15 years
• LRSAM missile is developed by India with the help of which country? - Israel
• Which one of the following is non-volatile memory? 
• Which one of the following is not secondary storage?
• In MS word the footer will be displayed? - Bottom of the page
• Which state has highest rural population? - Uttar Pradesh
• Who is named as the test cricketer of the year? - Mitchell Johnson
• Rauf dance is from which state? - Jammu and Kashmir
• What is the currency of Italy? - Euro 
• What is the limit of free ATM transaction under PMJDY? - 4
• What is the Base year for new consumer price index? - 2010
• Who is the current health minister? - J.P.Nadda
• Where is the head-quarter of SIDBI? - Lucknow
• Manmohan Singh to be awarded by which country? - Japan
• Study of fungi is called as? - Mycology
• Which state declared 2015 as the tourism year? - Madhya Pradesh
• Headquarters of ABD - 
• Head of ABD - 
• Currency of New Zealand -
• Capital of Fiji - 
• Constituency of Kalraj Mishra - 
• VDA Full Form - 
• NEFT Full Form
• State with Highest Boundary touching - 
• Next Asian Games
• Kisan Vikas Patra is what type of scheme
• Typhoon VongFong stuck which country
• Who author graduated from IITD and IIMA
• Chairman of Finance Commission
• Rural and Panchayati Raj Minister
• Nobel Prize Economics
• World Bank
• Sardar Singh relates to
• Securities Transactions Tax
• Housing for all till which year
• World Standards Day
• Operation Lehar
• IRNSS 1C is of which country
• ISDN Full Form
• WAN Full Form
• Hexadecimal related
• Which Indian film was selected for Oscar
• Largest computer are - 
• Input Device
• CTRL+2 in MS Excel
• Linux is
• Largest Flower in the World - Rafflesia arnoldii
• Environment Minister - Prakash Javdekar
• GOAFEN - 2 is the satellite of which country - China
• ARSAT satellite belong to which country - ARGENTINA
• Which symbol when entered in excel cell is considered to be formula - =
• Java is what language - Programming
• MS DOS is what - command line interface
• Information travels as what through network or internet - Packets
• Bold shortcut - Ctrl + B
• Keys pressed when you want to bring up task manager to end a task - Ctrl + Alt + Del
• UNICEF Headquarter - New York
• Mortgage are which type of property - Property Types
• ICC ODI Captain of the year - Mahendra Singh Dhoni
• Ritu Rani is related to which sports - Hockey
• Which game held in Inch eon - Asian Games
• NBFC is regulated by - SEBI
• One byte has how many bits - 8
• Capital of Malaysia - Kuala Lumper
• Japan currency - Yen
• Indian army helped for Jammu & Kashmir known as? Megh Rahat
• KIRAN is made for - Women Scientist
• Sponsor of RRB Banks - Public Sector Banks
• UIDAA Deadline - March 2015
• Which of the following is Indirect tax? 
• National Education day - 11th November
• Certificate of commencement of business is for which type of org - 
• GDP full form - Gross Domestic Product
• What is balance sheet? 
• Which is Not comes under negotiable instrument
• VDU full form - Video Display Unit
• DVD full form - Digital Versatile Disk
• GUI full form - Graphical User Interface 
• EPROM full form -  Erasable Programmable Read Only Memory
• 
  

Part 2/3 of IBPS Clerk Exam Questions 2014-15

Here is the list of second series of questions asked in IBPS Exam till date, the important GK and Computer Questions which have been asked in the IBPS Clerk Exam 2014

• 1 census 2011 related question 
• Full form of AQB? - Average Quarterly Balance
• WHO headquarters - Geneva
• Capital of Australia - Canberra
• Who can issue commercial paper? - Corporates, primary dealers (PDs) and the All-India Financial Institutions (FIs)
• In EBT, E stands for? - Electronic
• Argentina currency - Argentine peso
• Sarjubala devi related to which sport? - Boxing
• Tapan raychaudhri who died recently was a? - Historian
• Lowland is written by? - Jhumpa Lahiri
• Lucknow city is banked on which river ?- Gomti
• Antyoday Divas is celebrated in whose memory?- Pandit Deen Dayal Upadhyaya
• constituency of Sushama swraj- Vidhisha
• Venue of next G20 Summit - Turkey
• CBS full form - Core Banking Solution
• ULIP full form - Unit-linked insurance plan
• Economics Nobel prize is conferred on - Jean Tirole
• Revised Target of opening of accounts in PMJDY?- 10 Crore
• Brazilian President? - Dilma Rouseff-- Imp for other exams also
• BCCI life time achievement award 2014 - Dilip Vengasarkar
• Digits in IFSC code - 11 ( Example : CNRB0000102 ) 
• Kisan vikas patra validity - 100 months
• Shanti swarup Bhatnagar Prize for Physical Sciences 2014 -Dr.Pratap Raychaudhuri
• Rbi allowed minors of age ______to open account? - 10 years
• Payment bank working capital - 100 Crore
• Shortcut to find text in word - Ctrl + F
• Name of Mars orbit mission which celebrated its 50th anniversary- Mariner 4 mission
• Saudi Arabia Currency-Saudi riyal
• Which Day celebrated on 19 November- World Toilet Day
• Full form of IFSC- Indian Financial System code
• First three digit in MICR represents- City
• World AIDS Day- 1 December
• UNEP headquarters - Nairobi(Kenya) 
• Euro cup in 2016 to be held in? - France
• Capital of Iraq? - Baghdad
• UN goodwill ambassador for South East Asia? - Farhan Akhtar
• Jandhan yojna's objective? - Financial Inclusion
• Dronacharya award in which field? - Sports Coaching
• Who can issue commercial paper- Corporates, primary dealers (PDs) and the All-India Financial Institutions (FIs)
• Shortcut key for UNDO - ctrl +Z

Analysis and Questions Asked in IBPS Clerk Exam 2014-15 Till Date

In our en-devour to bring the latest exam questions and the latest pattern on bank exams GK , Computer and Marketing questions , we are now bringing you the latest questions asked in in IBPS Clerk Exams 2014 which is being held recently , I

In First part out of total three parts , here are the list of questions asked in IBPS Clerks Exam 2014

• International Non-violence day? - 2nd October 
• Vishwanathan Anand is related to? - Chess
• What is the capital of Austria? - Vienna
• What is the budget of Mars mission of India? - 450 Crore ( Called MOM )
• Dramatic decade author? - Pranab Mukherjee ( Book written by President of India )
• Venue of Next SAARC summit?  - Islamabad ( Presently it was held in Nepal )
• Nobel Prize was given to May Britt Moser and Edward Moser in which field? - Medicine
• Dongfeng missile is developed by which country? - China
• Insurance regulator in India? - IRDA
• What is the new name of MCX? - Metropolitan Stock Exchange of India Ltd’, abbreviated as ‘mSXI'( Earlier was called Multi Commodity Exchange )
• Biggest nuclear plant in the world? - Kashiwazaki-Kariwa Nuclear Power Plant
• United Nations day? - 24th October
• Where is the venue of next Hockey world cup? - India ( Also note that Hockey champions trophy was held in India recently in Bhuvneshwar and Germany was champion )
• Sri Lanka currency? - Sri Lankan Rupee
• IRDA headquarter? - Hyderabad
• Ryder Cup is related to? - Golf
• Darjeeling Makaibiri is?- A tea estate
• What is a bit? - Smallest Unit of information
• Which is not an OS-windows XP, NT, 2000, 2007 & suffix? - Suffix
• What is output device-Printer scanner, keyboard, and webcam? – Printer
• Personal accident cover in Jan Dhan Yojana - 1 lakh ( Before 26 jan 2015 30,000 additional life cover )
• Capital of Afghanistan- Kabul
• Currency of Bhutan- Ngultrum
• In FEMA,M stands for- Management
• Shortcut key to undo last step in word - Ctrl + Z
• Shortcut key to make characters italics - Ctrl + I 
• Book name authored by Yashwardhan Shukla - 'Gods of Antarctica'
• Which is the largest public sector insurance company? - LIC
• Full form of URL - Uniform resource locator
• Full form of EMV - EuroPay, MasterCard, Visa 
• In MICR middle 3 digits represent? - Bank Example : 400 015 002 - 400 is city code here Mumbai, 015 bank code like here Canara Bank and 002 branch of bank here A r Street Branch of Canara Bank )
• Ntpc tie up with which state to plant a 1000mw plant? - Andhra Pradesh
• America developing which cities in to Smart cities? - Allahabad, Ajmer and Vishakhapatnam
• RTGS full-form - Real Time Gross Settlement
• MMID full form - Mobile Money Identifier
• ISDN full form - Integrated Services Digital Network
• Name of the book authored by Rajamohan Gandhi - Eight lives
• person with disability day - 3rd December ( Called PWD )
• Validity of Kishan vikas patra - 100 months ( Doubles in 100 Months )

Current Affairs Questions Updated 18th December 2014

1. What is the amount of Personal Accidental Insurance Cover in Pradhanmantri Jan Dhan Yojna ?

• 1 Lakh

• 2 Lakh

• 5 Thousand

• 1 Lakh 30 Thousand

• No such facility available

2. Who won the US open lawn tennis Men Singles Title in 2014 this year ?

• Marat Safin

• Roger Federar

• Rafael Nadal

• Martin Clic

• None of the above

3. Hockey champions trophy was recently held in which country ?

• India

• Pakistan

• Germany

• Holland

• Australia

4. Many a times we hear about the term ECB in financial parlance , what does ECB stands for ?

• Electronic Core Banking

• External Commercial Borrowing

• Electronic Captive Banking

• Eye Care Bank

• Error Code Bar

5. Assembly Elections in which of the following state are happening now in December 2014

• UP and Bihar

• J&K and Haryana

• J&K and Jharkhand

• Jharkhand & Rajasthan

• Jharkhand & Delhi

6. Who is present Chairman of FICCI ?

• Rana Kapoor

• Sidharth Birla

• Kiran Majumdar Shaw

• Anu Aga

• K Natarajan

7. IFSC Stands for ?

• Indian Financial System Code

• Indian Foreign Source Code

• International Financial System Code

• Indian Fire Security Code

• None of the above

8. Who is present chairman of SEBI ?

• U K Sinha

• Omkar Singh

• Arvind Mayaram

• Y V Reddy

• C Rangarajan

9. "Together we can " is tag line of which bank in India ?

• Bank of India

• Dena Bank

• Canara Bank

• State bank of Hyderabad

• Vijaya Bank

10. Recently President Valadimir Putin Visited India, he is President of which country ?

• China

• Russia

• France

• Vietnam

• Norway

........................................................

Answers -

1. 1 Lakh
2. Martin Clic
3. India
4. External Commercial Borrowing
5. J&K and Jharkhand
6. Sidharth Birla
7. Indian Financial System Code
8. U K Sinha
9. Canara Bank
10. Russia

Abbreviation Updates Dated 18th December 2014

1. MOM - Mass Orbiter Mission
2. KVIC - Khadi & Village Industries Corporation
3. SAARC - The South Asian Association for Regional Cooperation
4. CBS - Core Banking Solution
5. ADB - Asian Development Bank
6. AGM - Annual General Meeting
7. CP - Commercial Paper
8. CRAR - Capital to Risk Weighted Asset Ratio
9. CRR - Cash Reserve Ratio
10. CAD - Capital Account Defecit
11. DD - Demand Draft
13. EXIM - Bank Export Import Bank of India
14. FCA - Foreign Currency Assets
16. FCCB Foreign Currency Convertible Bond
17. FCNR - Foreign Currency Non-resident
18. FDI - Foreign Direct Investment
19. FII - Foreign Institutional Investor
20. SEZ - Special Economic Zone

SBI Associate Bank PO Exam 2014, Questions Analysis

As we all know SBI PO Associate exam is underway and already happened on 9th. We will put up here the list of General Awareness Questions which were asked in the exam till now.

If we analyse the questions asked int the online exam of SBI Associate Bank PO 2014 Exam , we will know that the questions were relatively easy for PO exams. And mostly of latest current affairs.

SO now how to prepare for those candidates who are yet to give the exam.

• Read the latest GK from latest Current affairs magazine
• Read from the last one month newspapers and matters relating to politics , economy and global happenings.
• Also keep yourself update from the recent happenings such as Central Ministry Expansion, Latest award, Election news.

Here the list of questions asked in the SBI Associate Bank PO exam 2014.

• NBFC deals in? -  providing banking services ( Full form is Non Banking Financial Company )
• What is the full form of PDF? Portable Document Format
• Who won the Nobel piece award 2014? Kailash Satyarthi and Malala Yousafzay
• When is world rabies day? 28th September
• Interest on savings account is calculated on which basis? daily basis ( No interest is given on Current Accounts )
• In which of the following places there is no nuclear plant? - kenya
• Mutual funds regulated by? - Securities and Exchange Board of India
• What is ping in computer networking utility? - Packet InterNet Groper
• Processor speed measure in Instructions per second
• Which is the Regulatory body for RRB? - NABARD
• Who is the author of God of small thing? Arundhati Roy
• NPS stands for? National pension scheme ( Earlier know as New Pension Scheme )
• RBI policy related to money laundering? Know Your Customer ( Short form KYC )
• Using two different brand names for a purpose of single product is called? Co-branding
• Present REPO / Reverse Repo / SLR / CRR Rates ( Repo 8%, reverse repo 7%, CRR 4%, SLR 22% )
• What is the function of Ctrl + s in MS Word = to save file or document
• Which among the following is not an output device? - Scanner
• Who is the author of the book Final Test: Exit Sachin Tendulkar? - Dilip D' Souza ( Also remember the autobiography book of Sachin Tendulkar is Palying it my way )
• What will Inflation result in? - Decrease in economic activities of a country
• Which among the following is a volatile memory? - RAM
• Question based on the definition of GNP (Gross National Product)
• What is an Internet explorer? Browser ( Other browsers are Opera, Firefox, Safari, Chrome )
• What is the extension used for MS word? - .doc,.docx
• What is the first step of buying? - need recognition  
• Who is water resource minister? - Uma Bharti
• The 5000 ₹ overdraft in Jan dhan will be applicable only if the account is active for how many months.
• The slogan "I have a dream" is given by which American activist in his public speech? - Martin Luthor King
• Which PSU is responsible for insurance over export? - Export Credit Insurance 
• Which is an insurance regulatory body- IRDA
• What does B stands for in ECB? - Borrowings 
• What is the full form of RRB? - Regional rural Bank
• What is the upper limit of PPF? - 1.5 lakh ( Also in tax Section 80C upper limit extended to 1.5 L )
• What is the oldest currency in the world? - Pound sterling ( The currently of United Kingdom, they are not part of Euro Zone )

ALL THE BEST, KEEP VISITING THE WEBSITE FOR LATEST UPDATES ON EXAM AND JOBS

GK Updates 3rd November 2014

1. Playing it my way is an autobiography by which of the following players

• Navjot Sidhu
• Md Azharuudin
• Sachin Tendulkar
• Dhanraj Pillai
• Birender Tirkey

2. G 20 Summit in 2015 shall be held in  ?

• Russia
• China
• Turkey
• Afganistan
• India

3. Present Chief Minister of Andhra Pradesh is ?

• C Chandrasekhar Rao
• N Chandra Babu Naidu
• K Siddhamia
• Navin Patnayak
• D Sadand Gowda

4. Who is the chairperson of UPSC ?

• D P Agarwal
• Nidhi Razdan
• Rajni Razdan
• Nidhi Kulpati
• Arvind Mayaram

5. Which former cricket player has been appointed as Director of Indian Cricket Team ?

• Sunil Gavaskar
• Kapill Dev
• Ravi Shastri
• Navjot Sidhu
• Venketesh Prasad

6. Recently 17th Asian Game was held in ?

• Beijing ,China
• Incheon ,South Korea
• New Delhi, India
• Osaka, Japan
• Jakarta, Indonesia

7. Sania Mirza Has been appointed as the brand ambassador of which state of India ?

• Andhra Pradesh
• Telanga
• Karnataka
• Kerala
• Tamil Nadu

8. Recently , B K S Iyenger passed away, he was a renouned ?

• Writer 
• Editor
• Yoga Guru
• Sitar Player
• Tabla Player

9. Recently SBI Launched "smart Change Card" for which of the following milk brands ?

• Amul
• Mother Dairy
• Sudha
• Goverdhan
• Mahananda

10. Who is present chairman of IBA ?

• A K Dubey
• K R Kamath
• M V Kamath
• M K Nair
• M V Tanksale

..

..................................................................................................................................

Answers 

1. Sachin Tendulkar
2. Turkey
3. N Chandra Babu Naidu
4. Rajni Razdan
5. Ravi Shastri
6. Incheon ,South Korea
7. Telanga
8. Yoga Guru
9. Mother Dairy
10. M V Tanksale

Watch the Full Unedited Video of Rajdeep Sardesai Indian Journilist Manhandled - Fight in New York Yesterday

Full Unedited video of what happened with Rajdeep Sardesai or Rajdeep Sardesai started the fight with NRI, Watch this full video

UAE Exchange waiting for the Reserve Bank of India new rules for Applying Universal Banking Liscense

UAE Exchange & Financial Services will apply for a universal banking licence once the RBI’s final guidelines on this front are issued this fiscal, its Managing Director Mr George Antony has said. “We will only go in for universal banking licence.

UAE Exchange will not go for payment panks or small to medium size bank which is evident from the  following thoughts of Managing Director of UAE Exchange, there is no interest on our part for either payments bank or small bank licence,” Mr Antony told. Antony said a payments bank licence would not be suitable for the UAE Exchange as such a structure will not allow it to undertake lending operations. As of now UAE Exchange is having a loan business mostly of Personal loan size of 450 Crores inIndia.

RBI has introduced changes in BASEL III Bonds

 Reserve Bank of India has brought a number of changes in bonds issued under Basel III international banking norms as a way to make it easier for banks to raise capital and also to make such bonds attractive for investors.The first part of the change is , the minimum maturity period of such bonds have been introduced and banks have been allowed to tap retail investors. as presently the share of retail investors in the bond market is very very low as compared to other developed economies.

Reserve Bank of India informed banks can issue any kind of papers to retail investors, including tier-I bonds and tier-II perpetual bonds, provided they made sure that such bond buyers fully understand the complexity and risks of such investment. To broaden the investor base, Reserve Bank of India halved the maturity of the bonds from 10 to 5 years, paving the way for the local lenders to raise money through such bonds in the international market. Now RBI is hoping that with these changes there will be increase in the number or investors for the bonds from the retail side

What is Currency Derivatives ?

Currency Derivatives Explained

Type of currency Derivatives: -

Future: - A transferable futures contract that specifies the price at which a currency can be
bought or sold at a future date. Currency future contracts allow investors to hedge against
foreign exchange risk.

Option: -A contract that grants the holder the right, but not the obligation, to buy or sell
currency at a specified exchange rate during a specified period of time. For this right, a
premium is paid to the broker, which will vary depending on the number of contracts
purchased. Currency options are one of the best ways for corporations or individuals to hedge
against adverse movements in exchange rates.

Initial Public Offer (IPO) / Follow On Public Offer (FPO) Explained

IPO: - The first sale of stock by a private company to the public. IPOs are often issued by
smaller, younger companies seeking the capital to expand, but can also be done by large
privately owned companies looking to become publicly traded.

FPO: - An issuing of shares to investors by a public company that is already listed on an
exchange. An FPO is essentially a stock issue of supplementary shares made by a company
that is already publicly listed and has gone through the IPO process.

Offer For Sale (OFS)
A method of bringing a company to the stock market by selling shares in a new issue. The
company sponsor offers shares to the public by inviting subscriptions from investors.
(a). Offer for sale by fixed price - the sponsor fixes the price prior to the offer.
(b). Offer for sale by tender - investors state the price they are willing to pay.

A strike price is established by the sponsors after receiving all the bids. All investors pay the
strike price.

Stock Market / Equity Market Explained including Futures and Options

Equity Market- An Introduction

A stock or any other security is representing an ownership interest. A equity market is a public
entity (a loose network of economic transactions, not a physical facility or discrete entity) for
the trading of company stock (shares) at an agreed price; these are securities listed on a stock
exchange as well as those only traded privately.

Major Exchanges were trading takes place are NSE (National Stock Exchange), BSE (Bombay
Stock Exchange), MCX-SX.

Cash Segment
The cash equity market is the same thing as the stock market. It's where companies raise cash
by selling shares of ownership and where investors buy and sell those shares of ownership.

Derivatives Segment
A security whose price is dependent upon or derived from one or more underlying assets. The
derivative itself is merely a contract between two or more parties. Its value is determined by
fluctuations in the underlying asset. The most common underlying assets include stocks,
bonds, commodities, currencies, interest rates and market indexes. Most derivatives are

characterized by high leverage.

Future :- A contractual agreement, generally made on the trading floor of a futures
exchange, to buy or sell a particular commodity or financial instrument at a predetermined
price in the future. Futures contracts detail the quality and quantity of the
underlying asset; they are standardized to facilitate trading on a futures exchange.
Some futures contracts may call for physical delivery of the asset, while others are
settled in cash.

 Options: - A financial derivative that represents a contract sold by one party (option
writer) to another party (option holder). The contract offers the buyer the right, but not
the obligation, to buy (call) or sell (put) a security or other financial asset at an agreed upon
price (the strike price) during a certain period of time or on a specific date
(exercise date).
Call options give the option to buy at certain price, so the buyer would want the stock
to go up.
Put options give the option to sell at a certain price, so the buyer would want the stock
to go down.

Special General Awareness Package for RBI Assistant Exam 2014 ( 10/10 )

1. New PM of LIBIYA ABDULLAH AL THANI
2. Pm Modi recently dedicated INS VIKRAMADITYA  to the nation
3. THOMAS CUP - MEN BADMINTON - JAPAN
4. UBER CUP - WOMEN BADMINTON - CHINA
5. BHEL recently set up 600 MW power plant in ORRISA
6. Payment Bank : Recommendation by the panel headed by NACHIKET MOR
7. Banking regulation act was established in 1949
8. The form ITR 1 is a form filing of INCOME TAX RETURN
9. SCORES  a complaint redressal system developed recently by SEBI
10. SEBI chief U K SINHA 
11. Full form of SEBI - SECURITY AND EXCHANGE BOARD OF INDIA
12. Full form of NABARD - NATIOAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
13. Maximum amount insured by DICGC is INR 1 Lakh per depositor per bank
14. Axis bank is a PRIVATE SECTOR BANK
15. CRR is maintained as CASH BALANCES WITH RBI
16. Full form of NBFC - NON BANKING FINANCIAL COMPANY
17. Full form of ASBA - APPLICATION SUPPORTED BY BLOCKED AMOUNT
18. Headquarter of RBI is in MUMBAI
19. Present REPO RATE is 8%
20. Present REVERSE REPO rate is 7%

Special General Awareness Package for RBI Assistant Exam 2014 ( 9/10 )

1. Commonwealth games held in GLASGOW
2. DIRHAM is the currency of UAE
3. Recently Navratna Status has been given to public sector companies - EIL, CONCOR & NBCC
4. Full form of NDC - NATIONAL DEVELOPMENT COUNCIL
5. Currency of MYANMAR - KYAT
6. BANK RATE is rate at which RBI discounts bill of exchange
7. ASIA LARGEST SOLAR POWER PLANT has been recently set up in NEEMUCH in MP of 130 MW
8. Currency of Bahrain - DINAR
9. EXAMPLE OF CASH CROP Tobbacco, Cotton, Coffee and Tea
10. SBI INTOUCH is the new generation and digital branch of SBI
11. Amnesty International HQ in LONDON
12. ASEAN HQ in JAKARTA
13. Total number of members in EU IS 28
14. IPL champion KKR
15. INDIA becomes 3rd largest crude oil Importer

Special General Awareness Package for RBI Assistant Exam 2014 ( 8/10 )

1. Pultizer Prize 2014 given to

• Vijay Seshadri
• Govind Mishra
• Prabhat Kumar
• N K Jha
• Chandi Prasad Bhatt

2. Who became world number 1 in 10 mt air pistol event recently in April 2014

• Heena Sindhu
• Gareth Hopkins
• Anjli Bhagwat
• Nancy Powell
• Deepika Kumari

3. Present chairman of NASSCOM is ?

• K K Natrajan
• R Chandreshkran
• Kiran Karnik
• Rajni Razdan
• Kapil Duggal

4. Rank in India in HDI - Human Development Index 2014 is ?

• 141
• 135
• 161
• 88
• No Rank given to India

5. Xi Jin Ping is president of which asian country ?

• Japan
• North Korea
• South Korea
• China
• Mongolia

6. Bhartiya Mahila Bank - BMB has recently tied up with which public sector insurance company to provide insurance coverage plans to its customers ?

1. United India Insurance
2. New India Assurance
3. National Insurance
4. Oriental Insurance 
5. LIC

7. New Chairman of Multi Commodity Exchange - MCX is 

• Thomas Manthews
• K V Thomas
• Jayesh Shah
• Jignesh Shah
• Narendra Kothari

8. National award for best film has been given to which film recently  ?

• Ship of Thesus
• Jolly LLB
• Bhag Milkha Bhag
• Lions Dance
• 12 Years of Slave

9. State Bank Day is celebrated on which of the following day ?

• 1 July
• 1 June
• 1 May
• 1 April
• 1 August

10. Who has been recently appointed as new Deputy Governer of RBI ?

• R Gandhi
• Arvind Mayaram
• Hemanth Ghai
• M K Khan
• A K Joshi

---------------------------------------------------------------

Answers :-

• Vijay Seshadri
• Heena Sindhu
• K K Natrajan
• 135
• China
• New India Assurance
• Thomas Manthews
• Ship of Thesus
• 1 July
• R Gandhi

Special General Awareness Package for RBI Assistant Exam 2014 ( 7/10 )

1. Who is Minister of Agriculture in cabinet of central government ?

• Sharad Pawar
• Harsimrat Kaur Badal
• Dr Harsh Vardhan
• Smriti Z Irani
• Radha Mohan Singh

2. Present Railway Minister of cabinet rank in central government is 

• Ram Vilas Paswan
• Nitish Kumar
• Pawan Bansal
• Mukul Roy
• Sadananda Gowda

3. Kiren Rijiju is associated with 

• Indian Hockey Chairman
• Ministry of Railways
• Ministry of Home affairs
• Chief Minister of Sikkim
• CMD of State Bank of Patiala

4. Who is present President of ASSOCHAM ?

• Rana Kapoor
• Vijaya Mallya
• D V Mallya
• Leela Samson
• Rajiv Mathur

5. Chairman of 14th Finance Commission ?

• Vijay Kelkar
• Y V Reddy
• Arvind Mayaram
• Praful Patel
• Rohit Nandan

6. Who is newly elected chief of Central board of direct taxes ?

• R K Tiwari
• K V Choudhary
• S S Mantha
• Vijay Kelkar
• Rakesh Kumar Upadhaya

7. Matteo Renzi has been elected as youngest Prime Minister of which country at the age of 39 in February 2014 ?

• Spain
• Italy
• Scotland
• Germany
• Portugal

8. Michelle Bachelet has been sworn in as the new president of which country in March 2014 ?

• Argentina
• Brazil
• Chile
• Mexico
• Venezuela

9. New chief Minister of Bihar after resignation of Nitish Kumar is 

• Sharad Yadav
• Sushil Kumar Modi
• Ram Vilas Paswan
• Jitan Ram Manjhi
• Hemant Soren

10. Who has been sworn in as the new chief minister of Uttranchal in February 2014 ?

• Jatinder Bir Singh
• Harish Rawat
• V K Negi
• Virbhadra Singh
• Bhupinder Singh Hooda

---------------------------------------------

Answers :-

• Radha Mohan Singh
• Sadananda Gowda
• Ministry of Home affairs
• Rana Kapoor
• Y V Reddy
• K V Choudhary
• Italy
• Chile
• Jitan Ram Manjhi
• Harish Rawat

Special General Awareness Package for RBI Assistant Exam 2014 ( 6/10 )

1. Who was the flag bearer of Indian team in Commonwealth games 2014 in Glasgow ?

• Vijendra Singh
• Sandeep Singh
• Vijay Singh
• Vijay Kumar
• Leander Paes

2. Income tax exemption for senior citizen in union budget 2014 is 

• 2 Lakh
• 3 Lakh
• 2.5 Lakh
• No Exemption is given to senior citizen
• Senior Citizen are exempted form income tax

3. Deputy Chariman of Rajya Sabha 

• Karia Munda
• P J Kurian
• Hamid Ansari
• Jayanti Natrajan
• Meera Kumar

4. Presently CRR is 

• 3%
• 4%
• 22%
• 8%
• 7%

5. Who is RBI Governor ?

• Y V Reddy
• D Subba Rao
• Raghuram Rajan
• Arvind Mayaram
• Narendra Modi

6. Interest below which a bank is not expected to lend to customers is known as ....

• Deposit Rate
• Base Rate
• Discount Rate
• Bank Rate
• Repo Rate

7. A non performing asset is 

• Balance with RBI
• An asset that ceases to generate income
• Cash balance with coperative bank
• Balance with NABARD
• Cash in currency chest of bank

8. The Holidays for the Banks are declared as per 

• RBI Act
• BR Act
• NI Act
• Companies Act
• SEBI Act

9. Banks are required to maintain a portion of their demand and time liabilities with the RBI . This portion is called 

• Statutory Liquidity Ratio
• Cash Reserve Ratio
• Bank Deposit
• Reverse Repo
• Government Securities

10. The term FTZ means .

• Free Trade Zone
• Food Trade Zone
• Foreign Trade Zone
• Financial trade Zone
• None of the above

----------------------------------------

Answers :-

• Vijay Kumar
• 3 Lakh
• P J Kurian
• 4%
• Raghuram Rajan
• Base Rate
• An asset that ceases to generate income
• NI Act
• Statutory Liquidity Ratio
• Free Trade Zone

Special General Awareness Package for RBI Assistant Exam 2014 ( 5/10 )

1. Who has been selected as new Miss India 2014?

• Eli Evram
• Koyal Rana
• Gauhar Khan
• Aishwarya Rai
• Sushmita Sen

2. Who has been appointed as new Director General of the country's largest border gaurding force BSF ?

• D K Pathak
• Arvind Mayaram
• H K Sen
• T R Mallya
• Ranjit Kumar

3. New Managing director of Allahabad bank ?

• Rakeh Maria
• Rakesh Sethi
• V G Kanan
• Virendra Kumar
• V K Singh

4. Who has been appointed as the Chairman of Financial Planning standards board of India ?

• B N Srikrishna
• R M Lodha
• Arvind Mayaram
• Urjit Patel
• R M Mallya

5. Who has won Asia Cup Cricket Championship ?

• Sri Lanka
• India
• Pakistan
• Bangladesh
• Tied no champion

6. Satya Nadella is associated with which Company ?

• Nokia
• Microsoft
• Adobe
• Samsung
• Micromax

7. Who is German Chancellor ?

• Cristine Lagarde
• Angela Merkel
• Angelina Volkosobh
• Swiss Tokalova
• None of the above

8. Present President of FICCI .

• Sidharth Birla
• D P Agarwal
• U K Sinha
• S K Roy
• Dilip Trivedi

9. UPSC Chairman is presently 

• D P Agarwal
• Rajni Razdan
• Rajiv Khullar 
• Alok Joshi
• S K Srivastava 

10. New Chairman of IBA ?

• K R Kamath
• T M Bhasin
• A K Garg
• K K Natrajan
• T S Vijayan

---------------------------------

Answers :-

Koyal Rana
D K Pathak
Rakesh Sethi
B N Srikrishna
Sri Lanka
Microsoft
Angela Merkel
Sidharth Birla
Rajni Razdan
T M Bhasin

Special General Awareness Package for RBI Assistant Exam 2014 ( 4/10 )

1. Who has been awarded with 2014 Canada India Foundation Chanchalani Global Indian Award ?

• Azim Premji
• Narendra Modi
• N R Narayan Murthy
• Raghuram Rajan
• L N Mittal

2. Hamas and Fatah are associated with which part of world ?

• Iraq
• Libiya
• Syria
• Palestine
• Afganistan

3. Which company has bought 20% stake in Shriram Capital for INR 2014 Crore ?

• Piramal Enterprise
• Reliance ADAG 
• LT Finance
• Mahindra & Mahindra
• None of the above

4. Who has been appointed as the new Navy Chief of India ?

• Subir Raha
• R K Dhowan
• Mutual Rohtagi
• Bikram Singh
• Dalbir Singh Suhag

5. Who has been appointed as the new Chief Justice of India ?

• R M Lodha
• Sameer Sinha
• Urjit Patel
• Arvind Mayaram
• Sudipta Sen

6. Which airline has recently started operation in India ?

• Ethihad 
• Jet Airways
• Kingfisher Airline
• Indigo
• Air Asia

7. Wold Bank has projected the economic growth for India to for year 2014-15 

• 5.7%
• 4.7%
• 6.3%
• 8.1%
• 3.3%

8. Joshna Chinnapa is associated with which sports ?

• Lawn Tennis
• Table Tennis
• Squash
• Double trap shooting
• Hockey

9. Which company has recently bought Pharma Giant Ranbaxy , owned by Diiachi Sankyo of Japan ?

• Aventis Pharma
• Sun Pharma
• Lupin
• Cipla
• Intas Pharma

10. Which two cement giant of world has decided to merge to from entity worth 40 Billion Euros ?

• Ambuja Cement - ACC
• Holicim - Lafarge
• Holcim - Ultra tech cement
• Lafarge - Prism Cement
• None of the above

------------------------------

Answers :-

N R Narayan Murthy
Palestine
Piramal Enterprise
R K Dhowan
R M Lodha
Air Asia
5.7%
Squash
Sun Pharma
Holicim - Lafarge

Special General Awareness Package for RBI Assistant Exam 2014 ( 3/10 )

1. Who has been sworn in as 16th Chief Minister of Nagaland ?

• T R Zeliang
• Ibibo Singh
• Mukul Sangma
• K Chandrasekhar Rao
• Chandrababu Naidu

2. Who has been made as new CIC ( Chief Information Commissioner ) ?

• P C Parikh
• Mukul Rohtagi
• Ranjit Kumar
• Rajiv Mathur
• R K Dhoval

3. Who has been sown in as New Chief Minister of Gujarat ?

• Shiela Dixit
• Anandi BenPatel
• Sumitra Mahajan
• Menka Gandhi
• Nirmala Sitaraman

4. China has signed a landmark deal of More than 400 Billion Dollars deal to buy natural gas from which of the following country ?

• Iraq
• Iran
• Saudi Arabia
• Russia
• Japan

5. Who has been sworn in for record 5th time Chief Minister of Sikkim ?

• Pawan Chamling
• T R Zealang
• Ibibo Singh
• Mukul Sangama
• None of the above

6. Which of following committee has submitted the report to RBI for recommendation to improve the governance structure of public sector bank ?

• Subramaniyam Committee
• P J Nayak Committee
• Urjit Patel Committee
• Khandelwal Committee
• B Shirkrishna Committee

7. Who has been appointed as new Army Chief ?

• Balwinder Singh
• Dalbir Singh Suhag
• Bikram Singh
• Natwar Singh
• Arup Raha

8. India in association with NPCI has launched the 7th payment gateway in the world ?

• VISA
• MasterCard
• Amex
• Rupay
• PMDJY

9. Who has received Dada Sahab Phalke  Award for 61st National film festival for 2013 ?

• Rakhi Gulzar
• Gulzar
• Mahesh Bhatt
• Javed Akhter
• Nirupa Rai

10. Who has taken over the CEO and President of Nokia ?

• Satya Nadella
• Rajeev Suri
• Vinita Bali
• Mark Selby
• Sachin Virendra Singh

----------------------

Answers 

• T R Zeliang
• Rajiv Mathur
• Anandi BenPatel
• Russia
• Pawan Chamling
• P J Nayak Committee
• Dalbir Singh Suhag
• Rupay
• Gulzar
• Rajeev Suri

Special General Awareness Package for RBI Assistant Exam 2014 ( 2/10)

1. Which country has recently become the permanent member of Washington accord ?

• Pakistan
• Iran
• India
• China 
• Germany

2. Who has been Sworn in as the First Chief Minister of Andhra Pradesh ?

• K Chandrasekhar Rao
• Harish Rawat
• N Chandra Babu Naidu
• B S Yedurappa
• Jagan Mohan Reddy

3. Who has won the French Open title 2014 in Men's singles ?

• Rafael Nadal
• Roger Federar
• Novak Djokovic
• Martin Clich
• None of these

4. Who has been appointed as new Solicitor General of India ?

• Mukul Rohtagi
• Ranjit Kumar
• M S Nayak
• Soli Sorabjee
• Nana Palkhiwala

5. Who has been elected as the Speaker of Lok Sabha ?

• Najma Hepthulla
• N Thambidurai
• Hamid Ansari
• Sumitra Mahajan
• Meera Kumar

6. Who has won the election for the third time in a row in Syria for President ?

• Hamid Karzai
• Yousuf Raja Gillani
• Habibul Bin Abdullah
• Bashar Al Assad
• Abu Hamza

7. Who has been appointed at new National Security Adviser. ?

• Ajit Jogi
• Ajit Dhoval
• Ajit Singh
• R K Khan
• Hamid Kareem

8. Who has been awarded with Vyass Samman for the year 2013 ?

• Vishwanath Tripathi
• Nripendra Mishra
• T R Zeliang
• Natwar Singh
• P C Parikh

9. Who has been appointed as Principal Secretary to Prime Minister Narendra Modi ?

• P C Parikh
• Nripendra Mishra
• K C Kaul
• Mukul Rohtagi
• Amit Shah

10. Narendra Modi , has become the India ---- Prime Minister 

• 10th 
• 12th
• 14th
• 15th
• 16th

----------------------------------------

Answers

• India
• N Chandra Babu Naidu
• Rafael Nadal
• Ranjit Kumar
• Sumitra Mahajan
• Bashar Al Assad
• Ajit Dhoval
• Vishwanath Tripathi
• Nripendra Mishra
• 15th

Special General Awareness Package for RBI Assistant Exam 2014 ( 1/10)

1. What is the amount given for developing 100 smart cities in Union budget 2014 ?

• 7060 Cr
• 10,000 Cr
• 5060 Cr
• 6000 Cr
• None of the above

2. Income Tax Exemption limit for general public raised to what amount in Union Budget 2014 

• 2 Lakh
• 2.5 Lakh
• 3 Lakh
• 2.25 Lakh
• None of the above

3. Between which cities the proposed bullet to be run , has been put forward in Railway budget

• Mumbai-Delhi
• Mumbai - Ahmedabad
• Chennai-Bangalore
• Delhi-Bhopal
• None of the above

4. Who won the Wimbeldon Men Tennis 2014

• Roger Federar
• Rafael Nadal
• Novak Djokovic
• Marat Safin
• Martin Clich

5. Who has been appointed at Chairman of ICC ?

• Mustafa Kamal
• Sunil Gavaskar
• N Srinivasan
• Sharad Pawar
• Danny Morrison

6. Who has been appointed at new Chairman of Coal India ?

• A K Dubey
• Arup Raha
• V G Kanan
• Sharad Kumar
• Harish Sethi

7. Who has been awarded as Prestigious 49th Jnanpith Award for 2013 ?

• Kedarnath Singh
• D C Khullar
• Govind Mishra
• S K Srinivasan
• None of the above

8. Who has been nominated as to be next President of European Commission in Brussels ?

• Jean Claude Juncker
• Yuan Carlos Feroro
• Micheal Bathcellet
• Christine Lagarge
• Ban ki Monn

9. Who has won the Men's Hockey Wold Cup  2014 ?

• India
• Australia
• Netherlands
• England
• South Korea

10. Who won the Women's Hockey Wold Cup 2014 ?

• India
• Australia
• Netherlands
• England
• South Korea

---------------------------------------------------------------------------

Answers

• 7060 Cr
• 2.5 Lakh
• Mumbai - Ahmedabad
• Novak Djokovic
• N Srinivasan
• A K Dubey
• Kedarnath Singh
• Jean Claude Juncker
• Australia
• Netherlands

Abbreviations I Date 7 September 2014

1. SAARC : South Asian association for Regional Co operation
2. ASEAN : Association of Southeast Asian Nations
3. NPCI : National Payment Corporation of India
4. CASA : Current and Savings Account
5. ASBA : Application supported by blocked amount
6. BBPS : Bharat Bill Payment Services
7. FII : Foreign Institutional Investors
8. FDI : Foreign Direct Investment
9. FCCB : Foreign Currency Convertible Bonds
10. GDR : Global Depository Receipt
11. IDR : Indian Depository receipt

Marketing Aptitude Questions Updates 5 September 2014

1. A Call Means

• A Profession
• Tele Trade
• Calling to the boss
• Calling on a prospect
• Call center job

2. Market Share means

• Market price of the product
• Market price of shares
• Stock Market
• Share of business among peers
• None of the above

3. Marketing in bank is required for

• Getting new customers
• Lending of loans
• Retaining the customers
• Accepting the term deposits
• All the above

4. Delivery Channels means

• Sales outlets 
• Courier Delivery
• Stokiest
• Channel Marketing
• Assistant Staff who face customers

5. The concept of selling is different from marketing and aims at profit maximization through

• Increasing sales volume of quality product
• Innovation and Marketing research
• Satisfying customer needs
• Sharing the profit with retailer
• All the above

6. The full form of EMI is 

• Estimated monetory incentive
• Equated monthly installments
• Each money installments
• Easy money incentive
• None of the above

7. Good customer service is an extension of...

• Service marketing
• Internet Marketing
• Individual Marketing
• Indirect Marketing
• Internal Marketing

8. Customer retention can be ensured by ..

• Offering gifts on birthday
• Offering gifts on anniversary
• Giving Incentives
• Giving Personalised services 
• Attractive Product packing

9. Value added service means

• Giving better value for higher price
• costlier service
• Additional service
• Giving full value of money
• All the above

10. ATM means

• Any Time Money
• Always Tendering Money
• Automated teller machine
• Automatic Teller Machine
• Additional Teller Machine

....................-----------------------------------....................................------------------

Answers :- ( In reverse order )

• Calling on a prospect
• Share of business among peers
• All the above
• Sales outlets 
• Increasing sales volume of quality product
• Estimated monetory incentive
• Indirect Marketing
• Giving Personalised services 
• Additional service
• Automated teller machine

International Organisations Heads

Here is the list of latest heads of Important organisations heads , which are important for coming exams of banks.

• Asian Development Bank.. President .. Takehiko Nakao
• IMF..MD.. Christine Lagarde
• World Bank.. President.. Jim Yong Kim
• WTO.. Director General .. Roberto Azevedo

Hike in Dearness Allowance of Central Government employees from July 1, 2014 to 107%

The government has decided to increase the Dearness Allowance of Central Government employees to 107% from July 1, 2014. The increase is 7% from the previous increase which was earlier 100% of the basic pay.
                The DA of central government is revised twice a year on January 1, and second on July 1.
From last few years the increase in DA for government employees has been very good as due to high inflation as DA is linked to the CPI and WPI and higher the prices of CPI and WPI higher is the increase in Dearness allowance

Narendra Modi to Inaugrate Vibrrant Gujrat Summit 2015

The seventh edition of the biennial Vibrant Gujarat Global Summit 2015,will be inagurated the Prime Minister of India, Narendra Modi

The Prime Minister will inaugurate the three-day summit beginning from January 11, 2015 at Mahatma Mandir in Gandhinagar.

To be held form Jan 11 to Jan 13 2015

The 7th Vibrant Gujarat Summit is slated to take place on the 11th, 12th & 13th of January 2015, at Mahatma Mandir, in the state capital - Gandhinagar. It will bring together leading national and international business leaders, economists, policy makers, investment bankers, multilateral institutions, academicians and thought leaders from across the length and breadth of the world.

Vibrant Gujarat 2015 will be an unrivalled platform for exploring business opportunities, sharing best practices and interacting with the people who matter. Furthermore, with this year’s focus on Smart Cities for Next Generation, SMEs : Gearing up for Global Competitiveness, Gujarat: Preferred Hub for Defence Production, International Finance Centre - A Platform for Global Business, Water Management & Climate Change, Health for All : Leveraging Technology, Innovation and Enablers, Sustainable Energy for All, CSR : Touching Lives and Making an Impact, the event will put the spotlight on crucial issues and strive towards an inclusive and balanced development.

EPFO to Pay 8.75% Interest for PF Deposit for year 2014-2015

EPFO has decided to pay Interest rate of 8.75% for PF deposit for the year 2014-2015

• What is PF / Provident Fund. ( Provident Fund Explained )

PF or provident fund is calculated as a percentage of your salary ( Basic pay and Dearness allowance if any). The present rate is 12% and the same will be cut from your salary and a matching contribution will be paid from your employer reduced by contribution to your pension fund. 
The amount will be refunded along with interest when you retire. If you are resigning you have the option of transferring the the PF balance and continue with the new employer.

• What is EPFO ?

The Employees' Provident Fund Organisation  in Hindi we call it as कर्मचारी भविष्य निधि संगठन), abbreviated to EPFO, is a statutory body of the Government of India under the Ministry of Labour and Employment. It administers a compulsory contributory Provident Fund Scheme, Pension Scheme and an Insurance Scheme. It is one of the largest social security organisations in India in terms of the number of covered beneficiaries and the volume of financial transactions undertaken.

SBI and PNB cuts interest on Housing Loan

State Bank of India has cut interest rates on home loans to 10.15% for all loan brackets, with immediate effect. For women borrowers, the interest rate for all home loans will be a uniform 10.1%, India’s largest lender said in a statement. Prior to this change, SBI charged 10.15% for loans up to Rs.75 lakh and 10.3% for loans above Rs.75 lakh. For women borrowers, these rates were 10.1% and 10.25%, respectively.

PNB has alsor educed interest rates on home and auto loans with immediate effect as part of its festival offer. PNB is offering home loans up to Rs.2 crore at an interest rate of 10.25%, which is also the bank’s base rate. For home loans above Rs.2 crore, the interest rate being levied is 10.5%, PNB said in a statement. The bank has slashed the interest rate for two-wheeler loans by 150 basis points (bps) to 12.25%, while introducing a new category of borrowers with a high credit rating who will be offered a floating rate of 10.5% on car loans. A basis point is a hundredth of a percentage point.

Marketing Aptitude Awareness 27 August 2014

1. Direct Marketing Means

• Advertisements
• banners
• face to face selling
• selling by bank staff
• meeting target goals

2. Selling process includes which of the following

• Publicity
• Lead Generations
• criss cross selling
• product re engineering
• state of art packaging

3. What do you mean by cross selling ?

• Cross Border Selling
• Selling with fingers crossed
• Selling with existing customers
• Cold Calling 
• Hot Calling

4. Many a times we here about UPS in marketing terminology what does this USP means

• Unique selling preposition
• Unique sales practices
• Useful Sales person
• Unique simple practice
• None of the above

5. Market share can be increased by which of the following ways

• Increasing the number of sales person
• Giving commission to staff
• Increasing sales volumes
• Increasing product line
• Increasing advertisement time

6. DSA means

• Delivery Staff agent
• Direct selling agent
• District selling agent
• Door selling agent
• Digital selling agent

7. Bancassurance means

• Selling of insurance products by banks
• Selling other banks products
• Selling bank cards
• Banking on HNI clients
• banking on government grants

8. AMFI regulates which industry body in financial and investment sector

• banks
• Private banks
• Mutual funds
• NPS
• Public sector banks

9. The banker to every India is tag line of which of the following banks in India

• State bank of India
• ICICI Bank
• HDFC Bank
• Bank of India
• Bank of Baroda

10. Objective of digital marketing is 

• Online Marketing
• Cold Calling
• Web printing
• Cloud Computing
• Door to door campaigning 

----------------------------------------------------------------------------------------

Answers

• face to face selling
• Lead Generations
• Selling with existing customers
• Unique selling preposition
• Increasing sales volumes
• Direct selling agent
• Selling of insurance products by banks
• Mutual funds
• State bank of India
• Online Marketing

Marketing Aptitude Awareness Dated 26 August 2014

1. Market Survey means

• Market research
• Market Planning
• Market Strategy
• Market selling
• All the above

2. Global Marketing is a result of 

• Domestic Investment
• FDI
• Globalisation
• Privatisation
• Narendra Modi Govt at center

3. Modern Means of Marketing mainly focous on 

• Profit Making
• Production
• Product Packaging
• Advertisement
• Customers Need

4. The Term Marketing Myopia was given by which of the following

• Philip Kotler
• Amartya Sen
• Bill Gates
• Henry Fort
• Theoder Levitt

5. Bank Marketing means

• Selling of bank
• Merging of bank
• Talking with bank unions
• Marketing for bank staff
• Selling banks products and services

6. A lead means

• a big political leader
• HNI client of bank
• Bank top executives
• a prospect who is more likely to avail the banking product and services
• All the above

7. Marketing concept is based on 

• Profit
• Loss
• Customer Oriented
• Product and service oriented
• None of the above

8. Marketing research involves

• collection of facts and data
• analysing of facts and data
• gathering of multiple records
• forming appropriate marketing strategy 
• All the above

9. How is selling related to marketing

• Selling is a facet of marketing
• Marketing is smaller than selling
• Both are same
• Both are not related to each other
• None of the above

10. Selling involves profit earing through maximization of 

• Profit
• Sales
• Marketing
• bulk Production
• All the above

----------------------------------------------------------------------------------------------

Answers--

• Market research
• Globalisation
• Customers Need
• Theoder Levitt
• Selling banks products and services
• a prospect who is more likely to avail the banking product and services
• Customer Oriented
• All the above
• Selling is a facet of marketing
• Sales

A Score of 7 and above is good

A score of 5 or less is poor and needs much improvement