Banking Awareness

General Awareness With Special Reference to Banking Industry - 2013

Wednesday, 04 September 2013 09:50

General Awareness With Special Reference to Banking Industr y - 2013

1.In banking terminology, the opening of a savings bank account of a minor will be termed as which of the following? a) Social Banking b) Retail Baking c) Corporate Banking d) Institutional Banking e) None of these 2. Which of the following is a term associated with banking / insurance sector? a) Attorney General b) Ombudsman c) Vigilance Commissioner d) Auditor General e) None of these 3.The Know Your Customer (KYC) norms are associated with which of the following? a) Prevention of money laundering b) Financial inclusion c) Inclusive growth d) Both a and b e) None of these 4.The young woman scientist, Jenita Mary Nongkynrih, hails from which of the following states? She has been selected for this years ISRO Young Scientist Award for her urban information system project in the North - East. a) Mizoram b) Manipur c) Meghalaya d) Arunachal Pradesh e) None of these 5. The 13th general elections in Malaysia were held recently and the ruling coalition, Barisan Nasional (National Front), retained its 56-year hold on power. Name the person who leads this coalition and has been sworn in as the next Prime Minister of the country. a) Anwar Ibrahim b) Muhyiddin Yassin c) Mohamed Azmin bin Ali d) Najib Razak e) None of these 6. An individual from Bangladesh/Pakistan can open which of the following accounts in India? a) Foreign Currency (Non-Resident) bank Account) Non-Resident (External) Rupee Account c) Non-Resident Ordinary Rupees Account d) All the above e) Only b and c 7. Companies in India raise domestic funds through which of the following sources? a) Initial Public Offer (IPO) b) Follow-on Public Officer (FPO) c) Commercial Papers d) All the above e) Only a and b

8. Consider the following statements with respect to Delhi - Mumbai Industrial Corridor (DMIC), a mega infrastructure project between the political capital and the business capital of India: A) The 1,483-km long corridor will have six-lane highways. B) The corridor stretch includes nine industrial townships, three ports and six airports. C) The project will cost $90 billion and is being developed with technical and financial assistance from South Korea. Which of the above statements is/are correct? a) Only A b) Only B c) Only C d) Only A and B e) Only B and C 9.Who among the following has authored the recently published book titled The Sea of Innocence? a) Kishwar Desai b) Kalpana Swaminathan c) Sindhu V Nair d) Nilanjan Mukhopadhyay e) None of these 10.The Presidential Board of FIDE, the world chess body, has approved the staging of the World Chess Championship match in Chennai in November this year. The championship will be played between Viswanathan Anand and a) Boris Gelfand b) Magnus Carlsen c) Veselin Topalov d) Vladimir Kramnik e) None of these 11.The Securities and Exchange Board of India (Sebi) is authorized to penalize a company in India on which of the following grounds? a) Violation of Negotiable Instruments Act b) Violation of foreign portfolio investment guidelines c) Violation of Banking Regulation Act d) All the above e) Only a and b 12.Which of the following is NOT a function of commercial banks in India? a) Providing no-frill services b) Lending to weaker sections of the society c) Operations in call money market d) Selling National Savings Certificates e) None of these 13.Frequent changes in the cost of which of the following commodities at international levels push inflation upwards? a) Foodgrains b) Vegetables c) Petroleum products d) Milk e) None of these 14.The rising star of Indian badminton, PVC Sindhu, has won her maiden Malaysian Open Grand Prix Gold title recently and has become the second Indian to reach this feat. Who among the following was the first to achieve this feat? a) Aparna Popat b) Jwala Gutta c) Saina Nehwal d) Ashwini Ponnappa e) None of these

15.The Central Board of Direct Taxes (CBDT) has made e-filing of I-T returns mandatory for individuals earning more than Rs.5 lakh taxable income during the financial year ended March 31, 2013. Earlier e-filing was mandatory for individuals having a taxable income of more than ______ a) Rs.6 lakh b) Rs.8 lakh c) Rs.10 lakh d) Rs.15 lakh e) None of these

16.The Central Governments efforts to pass the food security bill in the current session of parliament have failed. Which of the following is the first state in the country to pass a food security act? a) Uttarakhand b) Chhattisgarh c) Madhya Pradesh d) Gujarat e) None of these 17. As per the amendments cleared by the Union Cabinet recently, which of the following categories will be provided with the benefit of low-interest loan under the amended National Rural Livelihood Mission (Aajeevika)? a) Women Self Help Groups (SHGs) b) Landless labourers c) SCs and STs d) Marginal Farmers e) None of these 18.Giulio Andreotti, who died recently, was the former Prime Minister of which of the following countries? a) Spain b) France c) Poland d) Italy e) None of these 19.The government has revealed that the National Population Policy (NPP), 2000, has been implemented with varying degrees of success across different states. The objectives of the NPP were to address the unmet need for contraception and achieving a stable population by___. a) 2020 b) 2025 c) 2030 d) 2045 e) None of these 20.In recent past, news about money laundering made headlines frequently. It normally involves which of the following? a) Integration of funds b) Placement of funds c) Layering of funds d) All the above e) Only a and b 21.What happens when a depositor seeks to withdraw his fixed deposit prematurely from a bank? a) Bank does not allow premature withdrawal b) Bank charges a penalty for this c) Bank does not charge any penalty and allows the same d) Bank allows withdrawal but forfeits the entire interest e) None of these 22.What is a state cheque? a) A six months post - dated cheque b) A cheque issued without drawers signature c) A cheque which has completed three months from its date of issue e) None of these 23.In a bid to simplify the rules governing overseas investors in India, the government is planning to introduce a new classification for investors that do not come under the foreign direct investment (FDI) route. The new class is called FPI, which stands for a) Foreign Priority Investors b) Foreign Portfolio Investors c) Foreign Preferential Investors d) Foreign Parallel Investors e) None of these 24.Which of the following statements is/are correct? A) British liquor giant Diageo has appointed Indian-origin Ivan Menezes as its next chief executive officer (CEO).

B) Diageo is the worlds biggest spirits group and maker of brands like Smirnoff vodka, Johnnie Walker scotch and Guinness beer. C) Diageo had sold its 53.4 per cent share to liquor baron Vijay Mallyas United Spirits Ltd (USL) in USD 2 million in 2012. a) Only A b) Only B c) Only C d) Only A and B e) All A, B and C 25.Alex Ferguson has recently announced his retirement, bringing down the curtains on his glittering 26-year-old association with which of the following English football teams? He is known for his stellar role in making the club a global brand valued at $3 billion. a) Liverpool b) Chelsea c) Manchester United d) Newcastle United e) None of these ANSWERS 1.B 2.B 3.A 4.C 5.D 6.D 7.D 8.D 9.A 10.B 11.B 12.D 13.C 14.C 15.C 16.B 17.A 18.D 19.D 20.D 21.B 22.C 23.B 24.D 25.C

1.Examine the following statements in the context of different approvals given by the Cabinet Committee on Economic Affairs: A) The CCEA has approved allocation of Rs.12,000 crore for Bihar as a special plan under the Backward Region Grant Fund for the 12th five year plan. B) The CCEA has approved to continue the special plan for the KBK districts (Kalahandi-Bolangir-Koraput) of Odisha, allocating Rs.250 crore per annum. C) The CCEA has approved to continue the special package for implementing drought mitigation strategies in Budelkhand (UP) and Madhya Pradesh. Which of the above statements is/are correct? a) Only A b) Only B c) Only C d) Only B and C e) All a, b and c

2.Which of the following is correct in the context of an infrastructure

Finance Company (IFC)? a) IFCs provide loans and accept deosits. b) A minimum of 75 per cent of the total assets of an IFC should be deployed in infrastructure loans. c) The company should have minimum net worth of Rs.300 crore. d) All the above e) Only b and c

3.Gilt funds, as they are conveniently called, are mutual fund schemes floated by asset management companies with exclusive investments in which of the following? a) Blue Chip Companies b) Government Securities c) Gold d) Commodities e) None of these 4.The Exchange Earners Foreign Currency Account (EFFC) is an account maintained in foreign currency with an authorized dealer, i.e. a bank dealing in foreign exchange. This facility is provided to which of the following categories? a) Exporters b) Individuals c) Companies d) All categories of foreign earners who are resident in India

e) None of these 5.India is building the heaviest and largest parts of the Tokamak, the machine behind the biggest scientific collaboration on the planet till date. The project called ITER includes 34 nations and is aimed at producing cheap, clean and safe energy through. a) nuclear fission b) nuclear fusion c) solar energy d) wind Energy e) None of these 6.Name the volcano which erupted in the Philippines recently killing at least five people. It is famous for its almost perfect cone shape and has erupted around 50 times since records began, with the most violent one being in 1814. a) Mount Taal b) Mount Ragang c) Mount Pinatubo d) Mount Mayon e) Mount Cagua 7.Identify the correct statement(s) among the following: a) Banking services in India come under the purview of the Essential Services Maintenance

b) All the banks do not come under the regulation of Right to Information Act. c) Not all banks come under the Second Schedule of the RBI. d) All the above e) Only a and c

8. Consider the following: A) The Banking Department gets currency from the Issue Department. B) The Government puts the currency in circulation. C) The Central Government incurs a deficit in its Budget. D) The Government sells Treasury Bill to Banking Department of the RBI. What will be the correct order of the above steps? a) CDAB b) ABDC c) DCBA d) BACD e) ABCD

9.Queen Beatrix signed the instrument of abdication after 33 years on the throne in favour of her eldest son Willem Alexander recently. The 46-year-old Willem Alexander has become Europes youngest king, beginning his reign in. a) Finland b) Sweden c) Netherlands d) Spain e) None of these 10. Which of the following countries has claimed both mens and womens

titles of the 19th Commonwealth Table Tennis Championships held in New Delhi recently? a) India b) England c) Singapore d) Australia e) None of these

11.The World Wide Web is celebrating its 20th year in the service. Who among the following had invented the WWW at Cern laboratory 20 years ago? a) Robert Hooke d) VA Shiva Ayyadurai b) Tim Berners-Lee c) Zacharias Janssen e) None of these

12.What is the count of the Magnetic Ink Character Recognition (MICR) code mentioned on the white strip at the bottom of the cheque ? a) 10 b) 9 c) 8 d) 7 e) None of these

13. Examine the following statements with respect to Narrow Banking concept, which is partly implemented by banks in India: A) Under narrow banking, banks only accept deposits and provide loans. B) This practice is adopted by banks only in rural areas C) In narrow banking, there is rarely any Asset Liability Mismatch. Which of the above statements is/are correct? a) Only A b) Only B c) Only C d) Only A and C e) Only B and C

14. Choose the committee from among the following which advises

Reserve Bank of India (RBI) on the issue of Monetary Policy. a) Technical advisor Committee b) Monetary Policy Committee c) Financial Stability and Development Council d) Central Open Market Committee e) None of these 15.Krishna Poonia is associated with which of the following games? a) Badminton b) Discus Throw c) Archery d) Long Jump e) None of these 16.The Parliament of Bangladesh has elected who among the following as its first woman and youngest speaker of the Parliament till date recently? a) Dipu Moni b) Shahara Khatun c) Begum Motia Chowdhury d) Shirin Sharmin Chowdhury e) None of these 17. In which of the following countries around 11,000 people have been

diagnosed with dengue and 34 deaths have been reported due to the disease in the first four months of this year? a) Thailand b) Sri Lanka c) Bangladesh d) Myanmar e) None of these 18.Who appoints the Deputy Governor of the Reserve Bank of India? a) The RBI Governor b) The Central Government c) The RBIs Central Board of Directors d) The Indian Banks Association e) None of these 19. Which of the following statements is/are correct about the Indian banking system? a) The Regional Rural Banks are sponsored by the commercial banks b) The commercial banks run on the Unit Banking System. c) The expansion and contraction in the deposit by the commercial banks reflect the expansion and contraction of money in the country. d) All the above e) Only a and c

20.The Asian Development Bank (ADB) has hinted to lower its lending Programme to developing countries, including India, as its investment are not yielding adequate returns. Which of the following countries is the biggest borrower of ADB at present? a) Pakistan b) Japan c) Indonesia d) India e) None of these 21. Consider the following statements regarding an ace sportsperson of India: A) The AITA has recommended his name for the prestigious Rajiv Gandhi Khel Ratna award for the year 2013. B) He had the singles gold in 2010 Common wealth Games. C) He had won gold in both singles and doubles in the Guangzhou Asian Games in 2010. Identify the person with whom the above statements are related. a) Mahesh Bhupathi b) Leander Paes c) Rohan Bopanna c) Somdev Devvarman e) None of these 22.Roberto Azevedos name has been finalized to be the next

Director General of World Trade Organisation, (WTO) replacing Pascal Lamy in coming September. Roberto hails from which of the following countries? a) Mexico b) Brazil c) Japan d) Malaysia e) None of these 23. Check the following combinations and identify the one which is NOT Correctly matched. a) CRR-4 per cent b) Repo Rate - 7.25 per cent c) Reverse Repo Rate-6.25 per cent d) SLR - 24 per cent e) None of these 24.Who among the following has won the Whitley Award recently? It is an international nature conservation prize dubbed as Green Oscar. a) Aparajita Datta b) Anil Agarwal Madhay c) Maneka Gandhi d) Medha Patkar

e) None of these 25.Which of the following is the highest award given for lifetime achievement in the field of sports in India? a) Rajiv Gandhi Khel Ratna Award b) Dhyan Chand Award c) Dronacharya Award d) Maulana Abul Kalam Azad (MAKA) Award e) None of these ANSWERS 1.E 11.B 21.D 2.E 12.B 22.B 3.B 13.C 23.D 4.D 14.A 24.A 5.B 15.B 25.B 6.D 16.D 7.D 17.B 8.A 18.B 9.C 19.E 10.C 20.D

Banking Awareness
Important Banking Abbreviations Important Banking Abbreviations 1. NABARD - National Bank for Agricultural & Rural Development 2. RTGS - Real Time Gross Settlement

3. NEFT - National Electronic Fund Transfer 4. NAV - Net Asset Value 5. NPA - Non Performing Asset 6. ASBA - Account Supported by Blocked Amount 7. BIFR - Board for Industrial and Financial Reconstruction

8. CAMELS - Capital Adequacy, Asset Quality, Management Earnings, Liquidity, Sy 9. BCSBI - Banking Codes & Standard Board of India 10. BIS Bank for International Settlement 11. BCBS Basel Committee on Banking Supervision 12. BOP - Balance of Payment 13. BOT - Balance of Trade 14. BPLR Benchmark Prime Lending Rate 15. CCIL Clearing Corporation of India Ltd. 16. CIBIL - Credit Information Bureau of India Ltd. 17. CRISIL - Credit Rating Information Services of India Ltd. 18. CBLO - Collateralised Borrowing & Lending Obligation 19. CPI - Consumer Price Index 20. ADR American Depository Receipts

21. GDR Global Depository Receipts 22. ALM - Asset Liability Management 23. ARC Asset Reconstruction Companies 24. FINO - Financial Inclusion Network Operation 25. CTT - Commodities Transaction Tax 26. CRM - Customer Relationship Management 27. KYC - Know Your Customer 28. SLR - Statutory Liquidity Ratio 29. CRR - Cash Reserve Ratio 30. MSF - Marginal Standing Facility 31. REPO - Repurchase Option 32. NBFC - Non Banking Finance Companies 33. OSMOS - Off-Site Monitoring & Surveillance 34. IFSC - Indian Financial System Code 35. BSE - Bombay Stock Exchange 36. NSE - National Stock Exchange 37. SWIFT - Society for Worldwide Interbank Financial Tele communication

38. FSLRC Financial Sector Legislative Reforms Commission 39. LAF Liquidity Adjustment Facility 40. DRT Debt Recovery Tribunals.
Banking Awareness

1. Which is the First Bank in India ? Answer: Bank of Hindustan 2. Which is the first Bank managed byIndians ? Answer: Oudh Commercial Bank 3. Which is the first bank started with Indian capital (Indian owned bank) ? Answer: Punjab National Bank 4. Which is the first foreign Bank inIndia ? Answer: Chartered Bank 5. Which is the first bank to get ISO certificate ? Answer: Canara Bank 6. Which is the first bank in India to start its branches outside India ? Answer: Bank of India 7. Which is the first bank in India to introduce ATM ? Answer: H.S.B.C bank 8. Which is the oldest public bank in India ?
Answer: Allahabad Bank

9. Which is the paper used for making Indian currency ? Answer: Rag

10. The currency of IMF is known as ? Answer: SDR ( Special Drawing Rights ) 11. Which is known as Artificial currency or Paper Gold ? Answer: SDR 12. Which is the Biggest public bank in India ? Answer: SBI 13. What was the old name of StateBank Of India ? Answer: Imperial Bank of India 14. Which bank has the most branches in India ? Answer: SBI

15. Which Committee recommended the formation of State Bank of India ? Answer: Gorwala committee 16. Where is the headquarters of SBI ? Answer: Mumbai 17. Which is the biggest commercial bank in India ? Answer: State Bank of India 18. Who is the present Chairman of SBI ? Answer: Pratip Chaudhuri 19. Which is the largest private sector bank in~India ? Answer: ICICI

20. Which is the first universal bank in India ? Answer: ICICI

Headquarters of Various Nationalized Bank | Banking Awareness

Headquarters of Various Nationalized Bank 1. Headquarters of Union Bank of India = Mumbai 2. Headquarters of Bank of India = Mumbai 3. Headquarters of Central Bank of India = Mumbai 4. Headquarters of Dena Bank = Mumbai 5. Headquarters of Allahabad Bank = Kolkata 6. Headquarters of Indian Overseas Bank = Chennai 7. Headquarters of Indian Bank = Chennai 8. Headquarters of Vijaya Bank = Bangalore 9. Headquarters of Punjab National Bank = New Delhi 10. Headquarters of Oriental Bank of Commerce = New Delhi 11. Headquarters of Punjab and Sind Bank = New Delhi 12. Headquarters of Bank of Baroda = Vadodhara 13. Headquarters of State bank of Travancore = Thiruvananthapuram 14. Headquarters of Andhara Bank = Hyderabad 15. Headquarters of Syndicate Bank = Manipal, Karnataka 16. Headquarters of Corporation Bank = Mangalore 17. Headquarters of Canara Bank =>> Bangalore

Banking Awareness
Who's Who of Important Posts in India and Abroad | Banking Awareness IBPS Exam Preparation Saturday, 31 August 2013 13:20

Who's Who of Impor tant Posts in India and Abroad | General Awareness ************************************************ Q1: Who is Finance Minister of India? --- P. Chidambaram Q2: Who is Governor of RBI ------Mr.raguram ragvan Q3: Who is Chairman of SBI -------- Prateep Chaudhary Q4: Who is MD & CEO of ICICI Bank? Ms Chanda D. Kochhar Q5: Who is Chairman of IBA ----K R Kamath Q6: What is SEBI chief ? -------- U K Sinha Q7: Who is President of World Bank ? ----Dr Jim Young Kim Q8: Who is Chairman of Planning Commission? -Manmohan Singh Q9: Who is Vice Chairman of Planning Commission? Monek Singh Ahluwalia Q10: Who is Chairman of 14th Finance Commission--Y V Reddy (Former Governor of RBI) Q11: Who is MD of International Monetary Fund?--Christine Lagarde (from France)

Q12: Who is President of India -- Pranab Mukherjee Q13: Who is Vice President of India---Mohammad Hamid Ansari Q14: Who is Comptroller Auditor General of India? Shashi Kant Sharma (wef 23/5/2013) (Earlier it was Vinod K Rai) Q15: Who is Chairman of Rajya Sabha --Mohammad Hamid Ansari Q16: Who is speaker of Lok Sabha ---Ms Meira Kumar Q17: Who is Chief Justice of India --P. Sathasivam (wef 19/7/2013; Earlier CJI was Altamas Kabir) Q18: Who is Attorney General of India --Goolam E Vahanvati Q19: Who is Solicitor General of India Mohan Parasaran Q20: Who is Chief Election Commissioner of India--V S Sampath

GK Questions Asked In IBPS PO III Exam on 19th Oct.

Dear candidate, Here we are providing you some of the questions asked in General Awareness section in today's IBPS PO III exam. 1. Full form of SLR: Statutory Liquidity Ratio 2. Bank Rate on 20th September 2013: 9.50% 3. Which of the following is not a type of an asset? Loss

4. After how much time is an asset declared NPA? 90 days

5. SARFAESI Act: Asset Reconstruction, Recovery of debt

6. Which of the following terms is related to cricket? T20

7. Tagore Award 2013 for cultural harmony: Zubin Mehta

8. Father of mouse: Douglas Engelbart

9. MICR stands for: Magnetic Ink Character Recognition

10. 28th Prime Minister of Australia: Tony Abbot

11. CCTV stands for: Closed Circuit Television

12. 28th Member of European Union: Croatia

13. US Federal Chief : Ben Bernanke

14. IMEI is related to Mobile

15. Debentures are: Medium to long term debt instruments

16. Federal Bank Head: Shyam Srinivasan

17. National Award for wholesome entertainment: Vicky Donor

18. Who has never been a Member of Parliament)

19. Limit of Micro enterprise as per MSMED Act,2006: 25lakhs

20. The Lowland Writer author nominated for Man Booker award: Jhumpa Lehri

21. Related to MGNREGA and BASEL

22. BSBDA initial minimum deposit amount : Zero balance account for BPL people.

23. Credit information is collected and recorded by : CIBIL

24. Which of the following can not be used as a proof of identification: Electricity Bill 25. Fiscal Deficit target: 4.8%

26. Microprocessor manufacturing company: INTEL

27. Tablet produced by Microsoft: Surface

28. Raghuram Rajans recent monitory policy

29. Raj Bhasa Award given by: RBI

30. Low housing Scheme: India signed 100 million$ agreement with World Bank .

Topicwise Breakup IBPS CWE PO/MT Data Interpretation (DI) BODMAS/Simplification number sequenceseries(although reasoning topic but asked here) Linear Equation Permutation-CombinationProbability

2011 2012 20 10 15 10

4 5

3 2

Average %, profit loss, simplecompound interest Ratio-Proportion-Variation Number theory (Remainders) Time-Speed-Work Geometry (Area-VolumePerimeter) total

2 2 2 0 0 0 50

1 3 3 1 1 6 50

Obviously high priority = DI + BODMAS + Sequence-series. And, Although not many questions are coming from the individual topics of

percentages, profit loss, simple-compound interest, Time-speed-word, ratio, averages etc. but collectively, these topics help you raise your score by atleast 10 marks. Hence their Cost:Benefit is quite good. (compared to the amount of data youve to memorize to get 10 marks out of Misc.GK/Sports/Persons in News type MCQs.) Therefore, donot run away from Maths, prepare it diligently.

Ignore following topics

1. Quadratic equations (ax2+bx+c=0) 2. Geometry theory (except areavolume-perimeter) 3. Trigonometry 4. Coordinate Geometry 5. logarithm

Speed Maths
In Both previous years, at least 25 out of 30 questions came from Data interpretation+ BODMAS only

for both ^these topics, speed Maths=essential. Although internet is full of techniques of Speed Maths, Vedic Maths, but you must atleast master following techniques: 1. Trachtenbergs Techniques for: a. Multiplication by 5. It also indirectly helps you find out half (50%)of the given number as well. Because mx5= 10m/2. This helps you eliminate wrong answers quickly whenever youve find percentages. b. Multiplication by 9. It indirectly helps you guestimate the division by 11 as well. Because m/11=~0.9m c. Quick multiplication by 11. It indirectly helps you guestimate the number division by 9 as well. Because m/9=~0.11m

here is the wiki link: http://en.wikipedia.org/wiki/Trachtenber g_system

2. Two digit division / long division / percentages approximation explained on http://mrunal.org/2012/11/aptitude-longdivision-two-digit-division-calculationwithout-tears-and-without-boring-vedicspeed-maths.html 3. Divisibility rules for various numbers (Given in NCERT, Quantitative aptitude books) 4. Multiplication tables of 2 to 9, 12 to 25 must be learned by heart. Especially the tables of 13, 17, 19 and 23. 5. Squares upto 29 and cubes upto 12 (required for the sequence-series questions and BODMAS) 6. After that, as per your time and mood, learn the Vedic math techniques for finding cube-roots, square-roots of large numbers; three-digit multiplication etc.etc.etc.

Booklist for IBPS Quantitative Aptitude

NCERT Maths for clearing the basic concepts: Statistics Class 11 (Only 3 Chapters for DI/Avg. concepts)Download Mathematics Class 8 Mathematics Class 9 Mathematics Class 10 Mathematics Class 11 (Only AP, GP) Download Download Download

Download

Mrunal.org/aptitude for simplified techniques on %, Compound interest, permutation-combination-probability etc. Require mainly for the Data interpretation practice. 1. Arihants paperset of previous Bank PO exams 2. Kiran Prakashans Practice book workbook for IBPS PO/MT (with FREE CD for computer test) 3. If youve

Any one BankPO paperset

paperset from any other publication, thatll also work just fine.

Any one book onMaths/Quantitative Aptitude

Im biased for Sarvesh Kumar (Quantam CAT) by Arihant Publication Reason: for the given price range Sarvesh Kumar helps in all competitive exams: starting from SSC CGL, PSU, IBPS, UPSC to all the way upto CAT. While its competitors

(RS.Aggarwal, M.Tyra etc) start biting dust when it comes to geometry-theory, trigonometry, and quadratic equations for SSC-CGL and CDS. However, As far as IBPS is concerned, all books work fine. Hell, You can even do without a book, by combo of NCERTs+ mrunal.org/aptitu de +practice papersets.

#1: Data Interpretation (DI)

Can be of two types DI with photo (Chart) without photo 1. Paragraph/c aselets (youre given a lengthy paragraph on how a company has total 1200 workers out of them 500 are males and 300 union-workers etc.etc.etc.) 2. Youre given a big table about temperature, number of students in university etc.

Examp le

1. pie chart 2. bar graphs 3. line graphs

and youve solve questions based on that. 1. percen tage: calculation and approxima tion 2. multipli cation and long division (two-digit division) 3. Ratios

Essent ial Skill

Additionsubtraction. (although sometimes will require %, ratio, division as well.)

How is Bank DI different from other exams?

In SSC CGL, LIC, State PCS exams, usually chart- based simple case. Doesnt involve lengthy calculations.

In IBPS/Bank PO, even if chart-based DI is asked, often youll be given an additional table showing ratio/sales etc. So youve to utilize the information from both chart + table to derive the answers.

How to approach? Data interpretation doesnt have much theory, except in pie-chart case (about conversion between % and circle degrees + when and where will the answer = datainsufficient) 1. First master the minimum speed math techniques given above. 2. Understand the Ratio related concepts. 3. Understand the basic concepts of bar graph, pie-charts etc. from Class 11 NCERT Statistics. 4. Then start solving DI questions given the paperset book (Arihant / Kiran )

#2: BODMAS/Simplification

Bank exams (PO and Clerk) have an unwritten rule: first 10-12 questions must be from BODMAS. Here are two sample questions 1. [Square root (6354)] x 34.993=? 2. 39.89% of 4331 divided by 58.779% of 5003=? #1: first clear you basic concepts about following Simplification (BODMAS) NCERT Class 8 Chap 1 1. NCERT Class 8 Chap 12 2. Then NCERT Class 9 Chap 1 Basics from NCERT Class 8 Chap 6 and 7.

Surds, indices

Roots, squares, Cubes

#2: then master the speed math techniques I listed earlier. #3: Have a target of solving atleast 10 questions from your paperset every night, before going to sleep.

#3: Number sequence-series

Although it is a reasoning topic, but theyve asked it in Maths section. Consider following examples from previous IBPS papers Q. In the following number series, only one number is wrong. Find out the wrong number 8424, 4212, 2106, 1051, 526.5, 263.25, 131.625 Answer-choices A. B. C. D. E. 131.625 1051 4212 8424 263.25

Preparation source

1. for the warm up exercise, go through chapter 3 (Classification) of RS Aggarwals Reasoning book 2. Then maximum practice, go through your paperset book. Bad thing about such questions: Sometimes youll be able to decipher the pattern within a minute, and sometimes, even after doing trial-error for more than 15 minutes, you might not see the pattern. Therefore, my suggestion is: during the exam, you put the entire set of sequence-series questions on mark and review. (And when youre done with other sections, come back and solve these questions at the end of exam.) Dont waste initial momentum here.

#4: Linear Equations

Another reliable area in IBPS. Sometimes, youll need to apply concepts of linear equations, to tackle questions from Timespeed-distance, ratio-proportion-variation, averages etc as well.

Here are some samples questions from previous exams: 1. Rubina could get equal number of Rs. 55, Rs. 85 and Rs. 105 tickets for a movie. She spends Rs. 2940 for all the tickets. How many of each did she buy? 2. The ratio of the present age of Manisha and Deepali is 5 : X. Manisha is 9 years younger than Parineeta. Parineetas age after 9 years will be 33 years. The difference between Deepalis and Manishas age is the same as the present age of Parineeta. What should come in place of X? 3. Akash scored 73 marks in subject A. He scored 56% marks in subject B and X marks in subject C. Maximum marks in each subject were 150.The overall percentage marks obtained by Akash in all the three subjects together were 54%. How many marks did he score in subject C?

Two things to be kept in mind, while solving questions on linear equation: #1: keep minimum variables Suppose the question runs like this The sum of present ages of father and son is 56, and 5 years ago Sons age was.blah blah blah.find the present age of Father. avoid this do this

assume fathers present age f sons present age s

assume fathers present age f assume Sons present Age=(56-f) here youve to worry about only one variable f

here you assumed two variables f and s= lengthier calculations and chances of mistakes.

#2: Cannot be determined Suppose you end up with two equations like this: I. x+y=5 II. y+z=6 Here youve two equations but three variables (x, y and z). You can never find out the unique value of x, y, z in such situation. Hence answer = Cannot be determined. But sometimes, even two variable-two equation set can be impossible to solve. For example No solution I. x+ 2y=4 II. 2x+ 4y= 12 infinite solution 2x+ 3y=94x+ 6y=18

To learn more about ^this, refer to NCERT Maths Class 10, Chapter3, table given on the page #9.

Preparation source for Linear Equations 1. Understand basic concepts from a. NCERT Class 8 Chap 2 and 9. b. Then NCERT Class 9 Chap 4 c. Lastly NCERT Class 10 Chap 3. 2. Then maximum practice from your Quantitative Aptitude book and OR paper set book.

#5: Permutation-CombinationProbability
Most of that can be solved without memorizing any formulas. In my opinion, this is the easiest of all math problems. Go through following articles Permutation-Combination 1. [Aptitude] Permutation Combination made easy without Formulas 2. [Aptitude] Combination: Coins possible Sums (without formula) 3. [Aptitude] PnC: arrange such that two people Always sitting together?

4. [Aptitude] PnC: How many Ways to arrange letters of word RECUPERATE (Permutation without Formulas) 5. [Aptitude] PnC Arrange digits in ascending order to form numbers (asked in UPSC 2009) 6. [Aptitude] PnC: Conditional Selection in Committee 7. [Aptitude] PnC: Binomial Expansion. How many ways to select one or more out of given Items? Probability 1. [Aptitude] Probability Made Easy (Extension of Permutation Combination Concept!) 2. [Aptitude] Probability : Two Dice problems Sums and multiples Then solve maximum questions from your Paperset book. Sample Questions from previous exams

1. (IBPS 2011) An urn contains 4 green, 5 blue, 2 red and 3 yellow marbles. Answer following questions 1. If two marbles are drawn at random, what is the probability that both are red or at least one is red? 2. If three marbles are drawn at random, what is the probability that at least one is yellow? 3. If eight marbles are drawn at random, what is the probability that there are equal numbers of marbles of each colour? 4. If three marbles are drawn at random, what is the probability that none is green? 5. If four marbles are drawn at random, what is the probability that two are blue and two are red? 2. (IBPS 2012) A bag contains 13 white and 7 black balls. Two balls drawn at random, what is the probability that both are of same color?

3. (IBPS 2012) In How many different ways can the letters of the word THERAPY can be arranged so that the vowels never come together?

#6: Average
Go through following articles, then maximum practice from your paper set book. 1. [Aptitude] Averages: Entry / Removal of 1 element => Increase / Decrease in Average Shortcut method explained 2. [Aptitude] Averages: More than two elements added / removed : shortcut technique explained Sample questions 1. The average marks in English of a class of 24 students is 56. If the marks of three students were misread as 44, 45 and 61 in lieu of the actual marks 48, 59 and 67 respectively, then what would be the correct average?

2. The sum of the ages of 4 members of a family 5 years ago was 94 years. Today, when the daughter has been married off and replaced by a daughterin-law, the sum of their ages is 92. Assuming that there has been no other change in the family structure and all the people are alive, what is the difference in the age of the daughter and the daughter-in-law? 3. In an entrance examination, Ritu scored 56 percent marks, Smita scored 92 percent marks and Rina scored 634 marks. The maximum marks of the examination is 875. What is the average marks scored by all the three girls together? Alligations (Wine-Water Mixture) Although not asked in previous exams but since it is an allied topic of averages, so just to be safe, go through following articles

1. [Aptitude] Alligations,Mixtures,Alloys: Water,Milk,Wine mixing: Weighted Average Made Easy for CSAT,CAT,CMAT,IBPS Aptitude 2. [Aptitude] Alligation: Advanced applications in Interest rates, Profit-loss, Average Wages (Wine-Water Concept)

#7: Ratio-Proportion-variations

NCERT Class 8 Chap 13. then max practice from your Quantitative Aptitude book and or papersets Also prepare the allied topic: Partnership, using this article http://mrunal.org/2012/05/aptitudepartnership-and-profit-sharing.html

Sample Questions from previous papers 1. A certain amount was to be distributed among A, B and C in the ratio 2 : 3 : 4 respectively, but was erroneously distributed in the ratio 7 : 2 :

5 respectively. As a result of this, B got? 40 less. What is the amount? 2. Rs.73,689 are divided between A and B in the ratio 4 : 7. What is the difference between thrice the share of A and twice the share of B? 3. The fare of a bus is X for the first five kilometers and 13/- per kilometer thereafter. If a passenger pays Rs. 2402/- for a journey of 187 kilometers, what is the value of X?

#8: Percentages, profit-loss, SI-CI

No need to mugup any formulas. Can be solved effortlessly, just go through following articles 1. [Aptitude] Concepts of Marked Price and Successive Discounts (Profit-Loss) without (stupid) formulas 2. [Aptitude] Compound Interest Rate, Population Growth without Formulas 3. [Aptitude] Product Consistency: If Sugar price increases then consumption

should be Decreased by What %, TimeSpeed-Distance problems, Then solve maximum sums at home. Sample Questions from previous IBPS PO Exams: 1. An article was purchased for Rs.78.350/. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price? 2. What is the difference between the simple and compound interest on Rs. 7,300/- at the rate of 6% per annum in 2 years? 3. The simple interest accrued on an amount of Rs. 22,500 at the end of four years is Rs. 10,800. What would be the compound interest accrued on the same amount at the same rate of interest at the end of two years? 4. Ramolas monthly income is three times Ravinas monthly income, Ravinas

monthly income is fifteen percent more that Ruchikas monthly income. Ruchikas monthly income is Rs. 32,000. What is Ramolas annual income?

#9: Number theory and Remainders

topic approach

Divisibility, remainders LCM and HCF Unknown numbers from given conditions Fractionscomparisons.

This article explaining the concept of HCF, LCM click me NCERT Class 7 Chap 2, 9 (fraction) NCERT Class 10 Chap 1 (divisibility) Finally practice sums from your Quantitative aptitude book / Papersets.

Sample Questions from previous papers 1. When X is subtracted from the numbers 9, 15 and 27, the remainders are in continued proportion. What is the value of X? 2. The product of three consecutive even numbers is 4032. The product of the first and the third number is 252. What is five times the second number? 3. Sum of three consecutive numbers is 2262. What is 41% of the highest number?

#10: Geometry (Area-VolumePerimeter)

1. Basics from a. NCERT Class 8 Chap 3, 11. b. NCERT Class 9 Chap 9, 12, 13. c. NCERT Class 10 Chap 13 2. Then maximum practice @home. Sample Questions from IBPS-2012

I. The area of a square is 1444 square meters. The breadth of a rectangle is 1/4th the side of the square and the length of the rectangle is thrice the breadth. What is the difference between the area of the square and the area of the rectangle? II. The premises of a bank are to be renovated. The renovation is in terms of flooring. Certain areas are to be floored either with marble or wood. All rooms/halls and pantry are rectangular. The area to be renovated comprises of a hall for customer transaction measuring 23 m by 29 m, branch managers room measuring 13 m by 17 m, a pantry measuring 14 m by 13 m, a record keeping cum server room measuring 21rn by 13 m and locker area measuring 29 m by 21 m. The total area of the bank is 2000 square meters. The cost of wooden flooring is t 170/- per square meter and the cost of marble flooring is

Rs.190/- per square meter. The locker area, record keeping cum server room and pantry are to be floored with marble. The branch managers room and the hall for customer transaction are to be floored with wood. No other area is to be renovated in terms of flooring. 1. What is the respective ratio of the total cost of wooden flooring to the total cost of marble flooring? 2. If the four walls and ceiling of the branch managers room (The height of the room is 12 meters) are to be painted at the cost of 1901- per square meter, how much will be the total cost of renovation of the branch managers room including the cost of flooring? 3. If the remaining area of the bank is to be carpeted at the rate of Rs. 110/per square meter, how much will be the increment in the total cost of renovation of bank premises?

4. What is the percentage area of the bank that is not to be renovated? 5. What is the total cost of renovation of the hall for customer transaction and the locker area?

#11: Time-Speed-Work-Distance
All of them can be solved with our universal STD formula. See following articles to learn the concept 1. [Aptitude] Trains, Platforms TSD (Time,Speed,Distance) made easy 2. [Aptitude] TSD: Average Speed made easy without Formulas 3. [Aptitude] Pipes and Cistern problem: 3 pipes, 2 work together 4. [Aptitude] Time n Work : P and Q start together but P leaves after some days 5. [Aptitude] Boats and Streams madeeasy using our STD-Table Method 6. [Aptitude] TnW: A is thrice as good as workman as B

7. [Aptitude] Time n Work: 4 men and 6 women can complete a work in 8 Days then 8. [Aptitude] Time n Work :Daily Wages and Share in Payment Sample Questions from previous IBPS exams 1. A and B together can complete a task in 20 days. B and C together can complete the same task in 30 days. A and C together can complete the same task in 40 days. What is the respective ratio of the number of days taken by A when completing the same task alone to the number of days taken by C when completing the same task alone?