Need of Plan...2 Bankin Guru December 2017 The Union Finance Ministry declared ` 2.11 lakh crore Bank Recapitalisation Plan for Public Sector Banks (PSBs) on October 24, …

GuruBankin December 20172

The Union Finance Ministry declared ` 2.11 lakh crore BankRecapitalisation Plan for Public Sector Banks (PSBs) onOctober 24, 2017. The action comes after the Public sectorBanks have been fighting to come out of bad loans. Banks willget ` 1.35 lakh crore from bonds, ` 18000 crore from theBudget share and raise the rest ` 58000 crore through sale ofshare. Another considerable announcement was made by theUnion Finance Minister as an allocation of ` 6.92 lakh crore inthe infrastructure sector with Government’s roads andhighways project Bharatmala plan.

PLAN BREAKUP

` 18000 crore out of ` 2.11 lakh crore will be funded throughGovernment’s Indradhanush Plan. In 2015 Government hadannounced Indradhnush Plan to infuse ` 70000 crore in publicsector banks over four years to meet their capital requirementas per Basel III norms. The Union government launched theroad map of Indradhanush 2 to handle issues faced by PublicBanks in 2015. Recapitalisation of banks is in process withIndradhanush 2. ` 1.35 lakh crore for recapitalisation will beraised through sale of recapitalisation bonds. Balance amountwill be raised by selling parts of Government stake in thesebanks.

Highlights of Plann Simply Recapitalisation of banks mean funding capital to

Public Sector Undertaking Banks.

n As holders of PSUs government can issue capital to these banks,it is unlike from loan because a loan has to be paid backwhereas recapitalisation introduces money without sufferingany liability.

n With over 10 trillion stressed benefits and 7.7 trillionNon-Performing advantages, Indian banks are unable togive fresh credits.

n Most Public Sector Banks require Capital which will beprovided by this plan for credit growth.

n Banks are not able to lend loans to big corporates due tobank’s weak capital conditions which restricts its potentialto lend to big corporate houses.

Need of Plan

On account of indiscriminate lending earlier, Indianpublic sector banks have accumulated high level ofnon-performing assets (NPS).n The NPA problem has been affecting the profitability of

these banks and is thereby curtailing their ability to extendnew loans.

n Unavailability of fresh credit for private investmentespecially to small and medium enterprise is not onlycausing a slowdown in Indian economy but is also affectingemployment generation.

n Added to this woe was the demonetisation drive inNovember 2016 which sucked out 86% cash fromcirculation. This was followed by destocking bymanufacturers ahead of Goods and Service Tax (GST)Implementation in July 2017.

n Owing to these factors, in April-June 2017 quarter, Indianeconomy grew at 5.7% which is the weakest pace since 2014.

n Thus the latest announcement of capital infusion in PSBsis a part of an attempt to boost up the economy andreinstate the growth momentum.

Benefitsn The direct positive impact of this plan will be on banks’

balance sheets which may have to take a haircut post theongoing insolvency proceedings.

n MSME (Micro, small and medium enterprises) which arein Government’s priority list will now have access toenhanced credit facilities. This shall further help in creationof more job opportunities.

n Post capital infusion, banks will become compliant withBasel – III norms of capital requirement.

Reforms after Recapitalisationn It could enhance India’s economy and improve private

sector ventures especially when the International MonetaryFund projected India’s economic growth falling to athree-year low at 5.7%.

n Big developments in supply of money and this meansbanks can lend at less interest rates.

n It might recover India’s fiscal deficit that is government'stotal outgoings may exceed the revenue that it generatesapart from money from borrowings.

n Lending Capability of PSU Banks would increase.n Experts propose that banks have much wider needs than

the budgetary allotment. According to Moody’s InvestorsService, 11 big state-owned banks will need additionalinvestment of ` 70000-95000 crore, against the ` 20000crore budgeted till March 2019.

n The purpose behind the plan is to keep the public sectorbanking fully debt-free.

Recapitalisation Planfor Public Sector Banks


Ministries of Power and Textiles jointly launched SAATHI(Sustainable and Accelerated Adoption of efficient Textiletechnologies to Help small Industries) on October 24, 2017.The Union Textile Minister Smriti Zubin Irani informedabout the initiative. Under this initiative, Energy EfficiencyServices Limited (EESL), a public sector entity under theadministrative control of Ministry of Power, would procureenergy efficient Powerlooms, motors and Rapier kits in bulkand provide them to the small and medium Powerloom unitsat no upfront cost.

The SAATHI initiative of the government will be jointlyimplemented by EESL and the office of the TextileCommissioner on a pan-India basis. To kick start theimplementation, cluster wise demonstration projects andworkshops will be organized in key clusters such as Erode,Surat, Ichalkaranji, etc.

Highlights of SAATHIn The use of these efficient equipment would result in energy

savings and cost savings to the unit owner and he would repayin installments to EESL over a 4 to 5 years period.

n This is the aggregation, bulk procurement and financing modelthat EESL has successfully deployed in several sectors like LEDbulbs, Smart Meters and Electric Vehicles.

n The unit owner neither has to allocate any upfront capital costto procure these equipment nor does it have to allocateadditional expenditure for repayment as the repayments to

EESL are made from the savings that accrue as a result ofhigher efficiency equipments and cost savings.

n The aggregation of demand and bulk procurement will alsolead to reduction in capital cost, benefits of which will bepassed on to the Powerloom units so that their repaymentamount and period would reduce.

BACKGROUND

The Powerloom sector in India is predominantly anunorganized sector and has a large number of micro andsmall units which produce 57% of the total cloth in thecountry. There are 24.86 lakhs Powerloom units in thiscountry, most of whom use obsolete technology.

With a view to upgrading the technology, the Governmentof India has been implementing the INSITU upgradationof plain Powerlooms as part of Power Tex India underwhich plain Powerlooms are attached with process controlequipment leading to higher productivity, better qualityand more than 50 percent additional value realisation.

So far 1.70 lakhs plain Powerlooms have been upgradedunder the scheme, with a total Government of Indiasubsidy of Rs. 186 crores.

OTHER SCHEMES OFPOWERLOOM SECTOR

A three-year Comprehensive Scheme for Powerloom SectorDevelopment, launched by Union Textile Minister SmritiZubin Irani at Bhiwandi and simultaneously at 47powerloom centres in the country, aims to boost commoninfrastructure and modernisation of the powerloom sector.

The scheme, with an outlay of ` 487 crore for three yearsfrom 2017-2018, has nine major components, includingtwo new ones. The two new schemes are : Pradhan MantriCredit Scheme for powerloom weavers and solar energyscheme for powerlooms.

PMCS for Powerlooms Under it, financial assistance,including margin money subsidy and interestreimbursement, will be given as against the credit facilityunder Pradhan Mantri Mudra Yojana to the decentralisedpower loom units.

SEC for Powerlooms Under it, financial subsidy for theinstallation of the Solar Photo Voltaic Plants will beprovided to alleviate the problems of power cuts.

Existing powerloom units, new ones, and group enterprisesin weaving will now get 20% of project cost with a ceilingof ` 1 lakh as margin money subsidy and 6% interestsubvention, both for working capital and term loan up to` 10 lakh for a maximum period of five years.

Other components of the scheme: In-situ Upgradation ofPlain Powerlooms; Group Workshed Scheme (GWS); YarnBank Scheme; Common Facility Centre (CFC);Facilitation, IT, Awareness, Market Development andPublicity for Powerloom Schemes, Tex Venture CapitalFund and Grant-in-Aid and Modernisation &Upgradation of Powerloom Service Centres (PSCs).

3

Government’s

New Initiative SAATHI


The Union Home Minister Rajnath Singh inaugurated thefour-day first Bay of Bengal Initiative for Multi-SectoralTechnical and Economic Cooperation Disaster ManagementExercise (BIMSTEC DMEx-2017) on October 10, 2017.The Exercise was conducted by the National DisasterResponse Force (NDRF) as the lead agency from October10-13, 2017 in Delhi and the National Capital Region(NCR). The Exercise was a platform for sharing BestPractices on all aspects of Disaster Risk Reduction (DRR),strengthening regional response and coordination forDisaster Management among the BIMSTEC membercountries.

Participating Countries

Delegates from all seven nations of the ‘Bay of BengalInitiative for Multi-Sectoral Technical and EconomicCooperation’ (BIMSTEC) grouping, - namely Bangladesh,Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand,representatives from Embassies/High Commissions ofBIMSTEC nations in Delhi, National Disaster ManagementAuthority (NDMA), and Senior Officers from the NodalMinistries are participating in the event. At the 17thBIMSTEC Senior Officials Meeting held in Kathmandu,Nepal on February 7, 2017, it was decided that India wouldorganize the first annual Disaster Management Exercise forthe region.

MAIN FOCUS

The main focus of the BIMSTEC DMEx-2017 was testingthe region’s preparedness and resilience towards effectiveactivation of inter-Governmental interaction/dialogue/

agreements for immediate deployment of regional resourcesfor disaster response. It will help create synergy andsynchronize efforts to institutionalize regional cooperationamong the member countries. The exercise helped strengthenthe effective utilization of the Search & Rescue Teams forDisaster Relief & Emergency Response, including EmergencyRapid Assessment Teams and Management of mass casualtiesespecially in situations involving breakdown of infrastructureand communication.

At the end of the Exercise, a publication was brought out onthe outcomes and recommendations of the Joint/CommonExercise and include Agreement among BIMSTEC Nationson regional cooperation for Disaster Management andEmergency Response.

This would be presented to the BIMSTEC Leaders at theSummit to be hosted by Nepal in October/November, 2017.The BIMSTEC DMEx-2017 was conducted in two phases inDelhi and its suburbs. The main exercise comprised of TableTop Exercise (TTX), Field Training Exercise (FTX) andAfter Action Review (AAR).

DRR EFFORTS

India has been at the forefront of DRR efforts by hosting theSouth Asian Annual Disaster Management Exercise(SAADMEx) and the Asian Ministerial Conference forDisaster Risk Reduction (AMCDRR). India has also offeredits expertise and capabilities in DRR such as the South Asiasatellite, GSAT-9, and the Tsunami Early Warning Centre toother countries.

Disaster Management was one of the important Agendaitems the BIMSTEC leaders deliberated upon during theGoa BRICS Summit in October last year where BIMSTECleaders were the Special Invitees.

The BIMSTEC region is home to around 1.5 billion people,constituting around 22% of the global population with acombined GDP of US $2.7 trillion economy. Majority of theBIMSTEC countries are situated in the South Asian Region(SAR), prone to natural disasters such as floods, cyclones,earthquakes, avalanches and drought.

About the BIMSTEC

The Bay of Bengal Initiative for Multi-Sectoral Technicaland Economic Cooperation (BIMSTEC) is a regionalorganization comprising seven Member States lying in thelittoral and adjacent areas of the Bay of Bengal constituting acontiguous regional unity.

This sub-regional organization came into being on 6 June1997 through the Bangkok Declaration. It constitutes sevenMember States: five deriving from South Asia, includingBangladesh, Bhutan, India, Nepal, Sri Lanka, and two fromSoutheast Asia, including Myanmar and Thailand. Thefounding principles of BIMSTEC are as follows :n Cooperation within BIMSTEC will be based on respect for

the principle of sovereign equality, territorial integrity,political independence, no-interference in internal affairs,peaceful co- existence and mutual benefit.

n Cooperation within BIMSTEC will constitute an addition toand not be a substitute for bilateral, regional or multilateralcooperation involving the Member States.

BIMSTEC DisasterManagement Exercise


ABBREVIATIONS

AFS Annual Financial Statement

AIC Agricultural Insurance Company

BSCS Basel Committee on Banking Supervision

CBS Core Banking Solution

CDS Credit Default Swap

CIBIL Credit Information Bureau (India) Limited

CRMD Credit Risk Management Department

DTAA Double Taxation Avoidance Agreement

ECS Electronic Clearing System

ELSS Equity Linked Saving Scheme

FICCI Federation of Indian Chambers of Commerce and Industry

FTA Free Trade Agreement

GAAR General Anti Avoidance Rule

ICICI Industrial Credit and Investment Corporation of India

IIB International Investment Bank

KVB Karur Vysya Bank

NPS National Pensions Scheme

ULIP Unit Linked Insurance Plan

UPIN Unique Property Identification Numbers

WBCIS Weather Based Crop Insurance Scheme

PUBLIC FINANCEMANAGEMENT SYSTEMMADE MANDATORY FORCENTRAL SCHEMESThe Union government has made use ofPublic Finance Management System(PFMS) mandatory on October 29, 2017for all central schemes to ensure thatbenefits of government schemes reach thelast mile.

It will help monitor the flow of funds tobeneficiaries of different governmentwelfare schemes. So far total of 613Central Sector Schemes are covered underPFMS having 34.19 crore beneficiarieswith help of 21.72 lakh programmeregistered implementing agencies.

FMS has been rolled-out by the ControllerGeneral of Accounts (CGA) at the behestof Union Finance Ministry. It is anend-to-end solution for processingpayments and monitor the usage of fundsincluding information on its ultimateutilization.

Union Finance Minister, Arun Jaitley ishopeful that PFMS will soon culminateinto a governmentwide IntegratedFinancial Management System (GIFMIS).

LEI MUST FORCOMPANIES WITH OVER` 5 CRORE EXPOSUREReserve Bank of India (RBI) is set to makeLegal Entity Identifier (LEI) compulsoryon October 24, 2017 for companieshaving aggregate fund-based and non-fundbased exposure over ` 5 crore. LEI is aunique 20 digit alphanumeric code thatwill be assigned to corporate borrowers.

Banks will be required to acquire thisnumber from the borrower and report it tothe Central Repository of Information onLarge Credits (CRILC) database.

CRILC is a database in which details ofloan above ` 5 crore are maintained. Onbasis of LEI, banks will be able to monitorthe aggregate exposure of corporateborrowers. Fetching loan details on basisof LEI, will prevent banks from extendingmultiple loans to companies against thesame collateral.

5

CURRENT REVIEW

BANKING AND

ECONOMICANALYSIS


CURRENT

GSTN LAUNCHES EXCEL-BASED OFFLINE TOOLThe Goods and Services Tax Network (GSTN) has released an offline facilitythat will allow taxpayers to finalise their GSTR-3B forms on their owncomputers before uploading it onto the portal.The deadline for the filing of theGSTR-3B form for September was October 20, 2017. Taxpayers have to file thesummary GSTR-3B forms each month till January.

The GSTN added that the offline functions work best on Windows 7 and aboveand Microsoft Excel 2007 and above. The offline functionality comes against thebackground of the GST portal crashing repeatedly during the previous filingdeadlines due to taxpayers logging on to the portal at the last minute to uploadtheir final returns.

LINKING AADHAAR NUMBER TO BANK ACCOUNTSMADE MANDATORYThe Reserve Bank of India (RBI) clarified on October 21,2017 that linking bankaccounts to Aadhaar is mandatory under the Prevention of Money LaunderingAct. However, RBI dismissed media reports which suggested that such a linkageis not mandatory. The Reserve Bank has already clarified on June 1, 2017, thatin applicable cases, linkage of Aadhaar number to bank account is mandatorywhich was published in the Official Gazette.

Every bank account should be linked to Aadhaar by December 31, 2017, failingwhich the accounts will become inoperative. The Aadhaar scheme, which is theworld’s largest biometric identity card programme, had triggered some claimsthat it is an infringement of privacy of citizens.

GOVERNMENT NOTIFIED RULES FORREGISTERED VALUERSThe Companies (Registered Valuers and Valuation) Rules, 2017 have been notifiedby the Corporate Affairs ministry. The rules provide for registration of valuersunder the Companies Act, 2013. With the notification of the rules, Section-247pertaining to valuation by registered valuers came into effect from October 18,2017. Those entities which are already carrying out valuation activities have timetill March 31, 2018, to get registered with the specified authority.

According to notification, individuals, partnership entities as well as companies canact as valuers under the Companies Act after getting registered with an authorityspecified by the government. The Corporate Affairs Ministry has proposed tospecify the Insolvency and Bankruptcy Board of India (IBBI) as the authority withrespect to registration, recognition and ancillary matters related to valuers.

INDIA BRAZIL AND SOUTH AFRICA SIGNED TRUSTFUND AGREEMENTIndia, Brazil and South Africa signedthe IBSA (India, Brazil and SouthAfrica) Trust Fund Agreement onOctober 18, 2017 that seeks to combatpoverty in developing countries. Theagreement was signed by Minister ofState for External Affairs VK Singhwho led the Indian side at the 8thIBSA trilateral Ministerial Commission Meeting in Durban.

Each country contributes $ 1 million annually to this fund which is managed bythe UN Development Programme's (UNDP) Special Unit for South-SouthCooperation. The IBSA Fund was created in 2004 with an aim at to supportviable and replicable projects that contribute to the national priorities of otherdeveloping countries. Each country (India, Brazil and South Africa – IBSA)contributes $ 1 million annually to this fund.

6

Terms for You

BRICK & MORTAR BANKING Brick

and Mortar Banking refers to

traditional system of banking done

only in a fixed branch premises made

of brick and mortar. Now there are

banking channels like ATM, Internet

Banking, tele banking etc.

E-BANKING E-Banking or electronic

banking is a form of banking where

funds are transferred through

exchange of electronic signals

between banks and financial institution

and customers ATMs, Credit Cards,

Debit Cards, International Cards,

Internet Banking and new fund

transfer devices like SWIFT, RTGS

belong to this category.

FLOATING RATE An interest rate that

is referenced to a market rate and is

revised as per the change in the

interest rates in the economy. When

interest rates in the economy rise,

floating rates rise and vice versa.

GRACE PERIOD It is an interest free

period that is to be given by a creditor

to a debtor after the period of the loan

gets over, before initiating the process

of loss recovery. The grace period

depends on the amount of the loan

and also the credit score of the

borrower.

MERCHANT BANKING When a bank

provides to a customer various types

of financial services like accepting bills

arising out of trade, arranging and

providing underwriting, new issues,

providing advice, information or

assistance on starting new business,

acquisitions, mergers and foreign

exchange.

UNIVERSAL BANKING When Banks

and Financial Institutions are allowed to

undertake all types of activities related

to banking like acceptance of deposits,

granting of advances, investment,

issue of credit cards, project finance,

venture capital finance, foreign

exchange business, insurance etc. it is

called Universal Banking.

VISA CARD Visa Card is a type of

debit card on Visa network. It has

VISA logo and can be accepted to

pay for the things and the money is

drawn directly from your account.

These are the debit cards, which are

subject to a daily limit, and/or a

maximum limit equal to the

current/checking account balance

from which it draws funds.


CURRENT

IIP RISES TO 9-MONTH HIGH OF4.3% IN AUGUST 2017As per data released by Central Statistics Office (CSO) onOctober 12, 2017, Industrial production in India (IIP) grew at anine-month high of 4.3% in August 2017. Output of miningsector stood at 9.4% and electricity registered a growth of 8.3%.Growth in manufacturing sector has decelerated to 3.1% inAugust 2017. Manufacturing sector constitutes 77.63% of IIP.

The IIP is composite indicator that measures short-term changesin volume of production of basket of industrial products duringgiven period with respect to chosen base period. It is compiledand published monthly by Central Statistical Organisation(CSO), Ministry of Statistics and Programme Implementation.The IIP covers 407 item groups. The revised eight coreIndustries have combined weightage of 40.27% in IIP. TheCSO had revised base year of IIP from 2004-05 to 2011-12 inMay 2017.

ECONOMIC ADVISORY COUNCILMEETING HELDNewly constructed committee Economic Advisory Council toPrime Minister (EAC-PM) conducted its first meeting in NewDelhi with think tank NITI Ayog on October 11, 2017. Themeeting was chaired by NITI Ayog member Dr. Bibey Debroy.EAC-PM was constituted by Prime Minister Narendra Modi backin September 26, 2017. It was an independent body whosefunctions were to give advice to PM on various issues faced by thegovernment which are creating problems in economic growth.

The meeting was mainly focused on stock of the currenteconomic, fiscal and monetary policy environment. It identifiedthe key issues on which focus in need to be done. Majorpriorities were discussed to boost the economic growth and jobsin the next six months.

Ten themes were identified which are: Economic Growth,Employment and job creation, fiscal framework, informal sectorand integration, public expenditure, monetary policy, institutionsof Economic Governance, Patterns of Consumption &Production, Agriculture & Animal Husbandry and Social Sector.

IMF FORECAST LOWERED INDIA’SGROWTH FORECASTThe International Monetary Fund (IMF) in its October WorldEconomic Outlook (WEO) slashed India’s growth forecast by0.5% points to 6.7% in 2017 on October 10, 2017. It is lessthan its previous two forecasts and slower than China’s 6.8%,attributing it to demonetisation and introduction of the GST.Earlier, in April, the IMF had pegged India’s GDP growth at7.2% for 2017.

The Goods and Services Tax (GST) was implemented in Indiafrom July 1 this year. It brings the economy under a uniform taxregime. The Indian government scrapped ` 500 and ` 1000currency notes on November 8 last year, claiming that the movewould eradicate black money, fake currency and corruption.

Recently, the Reserve Bank of India also lowered its growthprojection to 6.7% for the fiscal from its earlier estimate of 7.3%.

According to the ReportIndia on an average grew at a rate of 6.9% between 1999and 2008. The next three years its growth rates were8.5% in 2009, 10.3% in 2010 and 6.6% in 2011respectively. In the years 2012, 2013 and 2014 it grew ata rate of 5.5%, 6.4% and 7.5% respectively.

Other Institutional List of Economic Growth Rate

for India in 2017-18

Institution New Forecast Old Forecast

ADB 7% 7.4%

OECD 6.7% 7.3%

World Bank 7% 7.2%

RBI 6.7% 7.3%

AADHAAR MADE MANDATORY FORSMALL SAVING SCHEMESThe governmenthas made Aadhaarmandatory for allpost officedeposits, PPF, theNational SavingsCertificate schemeand Kisan VikasPatra. Thegovernment hasalready made it compulsory to link the Aadhaar withvarious services like, bank, mobile and welfare scheme.

The recent move by the government is in continuationwith its push for Aadhaar. The deadline to provide the12 digit unique identification number Aadhaar isDecember 31, 2017. Existing depositors have been giventime till December 31, 2017 to provide the 12-digitunique identification number.

EIGHT CORE SECTORSGROWTH IN 2017According to Ministry of Commerce & Industry, eightcore sectors grew by 4.9% in August 2017, the highestgrowth rate since April 2017. It was higher than 3.1% inAugust 2016 and 2.6% in July 2017.

The growth was recorded on account of robustperformance of coal, natural gas and electricity segmentsin comparison to August, 2016. But, growth in Crudeoil, cement and fertilizer segments declined.n Coal production recorded 15.3% growth.

n Electricity output recorded 10.3% growth.

n Steel production registered 3% growth.

n Cement sector growth fell to -1.3%.

n Fertilizer output contracted by -0.7%.

n Natural gas registered a 4.2% growth.

n Refinery products output stayed almost at same level with

2.4% growth.

n Crude oil production shrunk by -1.6%.

7


CURRENT

The electricity has the maximum weight of 10.32%followed by Steel (6.68%), Petroleum refinery(5.94%), Crude oil production (5.22%), Coalproduction (5.22%), Coal production (4.38%),Cement (2.41%), Natural gas production (1.71 %)and Fertilizer production (1.25%). Healthy growth incore sectors have positive implications on Index ofIndustrial Production (IIP) as these segments accountfor about 40.27 % of the weight of items in the totalfactory output.

DIPP APPROVED FOREIGNDIRECT INVESTMENT PROPOSALThe Department of Industrial Policy and Promotion(DIPP), under Union Commerce Ministry approvedseveral Foreign Direct Investment (FDI) proposals onOctober 4, 2017. The commerce and IndustryMinistry has approved three FDI proposals, includingthat of Wockhardt Ltd and Coastal Local Area Bank.The DIPP has also approved KPB Holding’s proposalto issue shares to NRIs (Non-Resident Indians).

Above mentioned FDI proposals were approved byDIPP, which is now the nodal department for foreigninvestments in India since the abolition of ForeignInvestment Promotion Board (FIPB). Abolition ofFIPB was announced in Union Budget 2017-18.

SBI WAIVES CLOSURE CHARGESFOR SAVINGS ACCOUNTSThe State Bank of India (SBI) has waived off closingcharges for savings account holders from October 1,2017. The closure fee waiver is applicable for accountswhich are at least 1 year old. Earlier, SBI was charging` 500 with Goods and Service Tax (GST) as closurecharges for its savings account customers.

Last week, SBI revised the Minimum Account Balance(MAB) for its savings accounts, as well as the penaltiesfor non-maintenance of minimum balance. The majorchange has been made with respect to savings accountsin metro cities, where SBI account holders will nowhave to maintain a Monthly Average Balance (MAB)of ` 3000, instead of ` 5000.

Metro The SBI customers in metro cities of India willhave to maintain at least a sum of ` 3000 as monthlyaverage balance in their savings account. If MAB fallsthen the account holder will have to pay ` 30-50 aspenalty.

Urban The MAB for urban SBI customers remainsunchanged, as does the penalty for its non-maintenance.

Semi-urban The MAB for semi-urban areas has beenunchanged at ` 2000, but penalties fornon-maintenance have been slashed for this group.

Rural The SBI customers in rural areas of India willhave to maintain at least a sum of ` 1000 as monthlyaverage balance in their savings account. Penaltiesranges ` 20 to ` 40.

SEBI ALLOWED FOREIGN PORFOLIOINVESTORS TO BUY CORPORATE DEBTThe Securities and Exchange Board of India (SEBI) allowedsovereign wealth funds and other long term Foreign PortfolioInvestors (FPIs) on September 29, 2017 to buy up to ` 9500 croreworth corporate debt in infrastructure sector. This comes after theReserve Bank of India’s (RBI) decision to exclude foreigninvestment in rupee denominated bonds, popularly known asmasala bonds, from the Combined Corporate Debt Limit (CCDL).According to SEBI, sovereign wealth funds, multilateral agencies,endowment funds, insurance funds, pension funds and foreigncentral banks are long term FPIs.

The markets regulator said foreign investments in rupeedenominated bonds would no longer be reckoned against theCombined Corporate Debt Limit from October 3, 2017. Further,the CCDL would be renamed as the Corporate Debt InvestmentLimits (CDIL) for FPIs and the upper limit for Corporate Debtwould be stated only in rupee terms. Till September 22, 2017 foreigninvestments in rupee denominated bonds were Rs 32,381 crore,while the undrawn amount against such bonds was ` 11620 crore.

FIRST INDIAN FINANCIAL AGENCY TORAISE FUNDS OVERSEASThe Indian Renewable Energy Development Agency (IREDA)became the first Indian financial institution to raise funds overseasannounced on September 30, 2017. These funds are termed as‘green masala bonds’. IREDA is a Mini Ratna (Category – I)government of India Enterprise under the administrative control ofMinistry of New and Renewable Energy (MNRE).

IREDA is a Public Limited Government Company established as aNon-Banking Financial Institution in 1987 engaged in promoting,developing and extending financial assistance for setting up projectsrelating to new and renewable sources of energy and energyefficiency/conservation with the motto - ‘ENERGY FOR EVER’.The bonds listed on the London Stock Exchange (LSE) is termed asMasala Bonds. These bonds are offered and settled in US dollar tohike Indian Rupee in International market .

CORPORATE SECTOR

NASSCOM TO SET-UP CENTRES OFEXCELLENCE TO BETTER LEARNARTIFICIAL INTELLIGENCEThe software industry lobbyNASSCOM is setting-up centresof Excellence on ArtificialIntelligence (AI) and datasciences for a betterunderstanding on the emergingtechnologies. The news came upon October 20, 2017. Thesecentres of excellence are beingset-up in Bengaluru andHyderabad. These centres will also promote AI-based startups andwill enlist global best practices including regulatory aspects. Workrelated to mapping the resources available in India for developingAI will be carried out at these centres.

8


CURRENT

WHATSAPP INTRODUCES LIVELOCATION SHARINGWhatsApp rolled out the option to share ‘live location’ forits users on October 18, 2017. The ‘live location’ sharingfeature of WhatsApp enables a user to let a contact or agroup trace his/her location or movement on a map in realtime for a defined window of time. This is different fromthe current ‘share location’ feature which shares a staticlocation. Other Apps like Uber and Snapchat also offerlocation sharing feature.

FLIPKART UNVEILED MARQFlipkart announced the launch of MarQ on October 5,2017, an in-house brand in the large appliances category.This has been done in a move to expand Flipkart’sself-branded offerings on its marketplace. For now, thecompany has launched microwave ovens under the MarQprivate label brand. Flipkart would offer multiplefinancing options such as no cost EMI or productexchange for MarQ products. These products will beserviceable in 300 service centres across India.

MOBIKWIK RENAMEDITS PAYMENT GATEWAYMobile wallet provider MobiKwik relaunched itspayment gateway Zaakpay as MobiKwik PaymentGateway and aims to have over US $ 5 billion worth oftransactions on the platform by the end of this fiscal.MobiKwik Payment Gateway has already donetransactions worth US $ 1.8 billion this year (2017).

The new age payment gateway has been introduced withproprietary features that deliver best in industrytransaction success rates and ensures that every transactionis secure.With a strong focus on system security,MobiKwik Payment Gateway has 24/7 physicallymonitored data centre with restricted and logged access,system level firewalls and hardware level encryption. ThePayment Gateway supports all major instruments likecredit and debit cards, netbanking, UPI and wallets.

WORLD’S MOST VALUABLEBRAND PUBLISHEDApple became the world’s most valuable brand inInterbrand’s 2017 ‘Best Global Brands ranking’ publishedon September 26, 2017 .It was Apple’s 5th consecutiveyear in the position. Apple’s brand value was measured as$ 18415 billion, which grew 3 % from the year 2016.Interbrand has issued its annual ranking of the world's100 most valuable brands.

Google is in second place with $ 1417B which grew 6percent in brand value over the past year followed byMicrosoft ($80B), Coca-Cola ($ 69.7B), Amazon($64.8B), and Samsung ($ 59.3B). But Apple was notincluded in the top five Growing Brands category, withFacebook (48% growth), Amazon (29%), Adobe (19 %),Adidas (17%), and Starbucks (16%) leading that list.

BANKING & INSURANCE SECTOR

FIRST-EVER INSURANCE POLICY FORPERSONS DIAGNOSED WITH CANCERThe Star Health and Allied Insurance (SHAI) has introducedfirst-ever health insurance cover for people already diagnosedwith cancer on October 29, 2017. This insurance policy hasbeen named ‘Star Cancer Care Gold’. It covers the risk ofrecurrence, the spread of cancer (metastasis) and second cancer(second malignancy). There are two sum-insured options – ` 3lakh and ` 5 lakh.

Any individual between the age of 5 months and 65 years, whoalready had stage I and II cancer can subscribe to this policy.On diagnosis of recurrence, metastasis or second malignancy, alumpsum amount of half the entire sum insured is paid to thepolicy holder.

This policy also works as a routine medi-claim cover, providingfor surgical, non-surgical as well as interventional treatment fornon-cancer-related diseases, accident cover, etc. Depending onthe age band, the premium amount varies from ` 12000 –36000.

RBI IMPOSED PENALTY ON YES BANKAND IDFC BANKThe Reserve Bank of India (RBI) has imposed penalties on twoprivate sector banks, Yes Bank and IDFC Bank for regulatoryviolations on October 24,2017. Yes Bank has been fined fornon-compliance with the directions issued by RBI on IncomeRecognition Asset Classification (IRAC) norms and delayedreporting of information security incident involving ATMs ofthe bank.

It is to be noted that last year, data of over 32 lakh debit cardsof Yes Bank used at about 80 ATMs was suspected to have beencompromised due to a malware in the systems of HitachiPayments Services, which served Yes Bank. Informationpertaining to this matter was not reported by Yes Bank to RBIin the prescribed timeframe. ` 2 crore penalty has been imposedon IDFC Bank for violating rules relating to sanction andrenewal of loans and advances.

SBI LAUNCHED DIGITIZE FOR BANKThe State Bank of India (SBI) has launched 2nd edition of itsHackathon on October 22, 2017. This hackathon has beennamed ‘Digitize For Bank’. It is presented by SBI CollaborativeInnovation Centre (CIC). This edition focuses on four‘Cognitive’ themes Viz. Facial Recognition, SignatureRecognition, Voice based Authentication and ChequeTruncation Value Enhancers.

This Hackathon seeks tobring out innovative ideasand solution based on digitaltechnologies and automationto counter challenges facedby Banking sector, such asidentity fraud, problems withsignature validation and lackof multi-form authentication.

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NATIONALIMPACT


CENTRE RELEASES ` 8698 CRORE AS GSTCOMPENSATION TO STATESThe Centre has released ` 8698 crore to States to compensate them for revenueloss following GST (Goods and Services tax) implementation on October 29,2017. All States barring Rajasthan and Arunachal Pradesh, have been givencompensation for the first two months (July-August) after Goods and ServicesTax rollout.

Under GST framework, a cess is levied on top of 28% tax on luxury cars,demerit and sin Goods like aerated drink and tobacco. Compensation to Statesfor any revenue loss on account of GST implementation has been paid fromrevenue collected through this cess. ` 8698 crore that has been paid to States ascompensation is 58% of the total cess revenue of ` 15060 crore collected inJuly and August 2017. GST is a single tax on the supply of goods and services,right from the manufacturer to the consumer. The GST has been launched onthe July 1, 2017.

CVC DEVELOPED INTEGRITY INDEX OF INDIACentral Vigilance Commission (CVC) will develop an ‘Integrity Index’, whichwill annually rank government entities Viz. Public Sector Undertakings, PublicSector Banks and Financial Institution, Departments and Ministries ofgovernment of India on anti-corruption measures which will include internalprocesses and controls as well as organisation’s interaction with externalstakeholders. The news published on October 25, 2017.

Initially 25 organisations have been selected to develop the index namely-IOCL, ONGC, NTPC, PGCIL, Eastern Coalfields, Western Coalfields, SAIL,PNB, Syndicate Bank, National Highways Authority of India, Mumbai PortTrust, Rail Vikas Nigam Ltd., Ministry of Railways, NMDC, NALCO, BEL,BHEL, Cotton Corporation of India, Food Corporation of India, Employees’Provident Fund Organisation, Medical Council of India, MTNL, DelhiDevelopment Authority, South Delhi Municipal Corporation and CentralBoard of Direct Taxes.

3RD GLOBAL INVESTORS’INDIA FORUMUnion Minister of State (IC) for Powerand New & Renewable Energy, RK Singhaddressed the 3rd Global Investor’s IndiaForum in New Delhi on October 26,2017. The theme of the event was ‘Ideate,Innovate, Implement and Invest in India’and it was attended by global industrystalwarts. The event was organised byAssociated Chambers of Commerce andIndustry of India (ASSOCHAM). RKSingh informed that per capita energyconsumption in India is expected to triplein the next 5–7 years.

GOVERNMENT APPROVEDBHARATMALA PARIYOJANAThe Union government on October 24,2017 approved major highway projects toconstruct 83677 km of highways over thenext five years at a cost of ` 7 lakh crore.These highway projects include thedemanding Bharatmala project which isthe second-largest project after NationalHighways Development Project (NHDP)that saw construction of about 50000 kmof roads. The Bharatmala Pariyojana willcontain all the existing highway projects,comprising the flagship NationalHighways Development Project (NHDP).

Bharatmala Project comprise 9000 km ofeconomic passages, 6000 km ofinter-roads and connecting routes, 5000km of National Highways, 2000 km ofconnecting border roads, 800 km ofExpressways and 10000 km of rest NHDPprojects. The government has allocatedNational Highway and IndustrialDevelopment Corporation (NHIDCL)and Public Work Departments of state(PWDs) for the Bharatmala Project.

SURESH PRABHULAUNCHED CIPAM’SWEBSITEMinister for Commerce and Industry,Suresh Prabhu launched the officialwebsite for the Cell for IPR Promotionand Management (CIPAM) of theDepartment of Industrial Policy andPromotion (DIPP) on October 24, 2017.The CIPAM website is interactive andprovides regular updates on all upcomingevents including awareness programmesconducted on Intellectual Property Rights.


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It would make resource material on IPRs available for variouslevels: schools, universities, industry and enforcement agencies.CIPAM has been set-up under the support of DIPP toimplement the National Intellectual Property Rights Policy.

SUPREME COURT FINED ONENVIRONMENT MINISTRYThe Supreme Court has fined of ` 2 lakh on the UnionEnvironment Ministry for not fixing the pollution emissionstandards of sulphur dioxide and nitrogen oxide for 34categories of industries as per May 2, 2017 order onOctober 24, 2017.

Also SC banned of using pet coke and furnace oil in Delhi andthe NCR to control the air pollution. The bench alsoinstructed the Ministry to inform the standards for nitrogenoxide and sulphur oxides for the industries and these industriesmust comply with the standards by December 31, 2017.

The Supreme Court instructed the governments of UttarPradesh (UP), Haryana and Rajasthan to restrict the use ofpetroleum coke and furnace oil in the industries with an targetto fight air pollution. The decision was made by a bench ofJustices Deepak Gupta and Madan B. Lokur. The bench alsosimplified that it will restrict the use of pet coke and furnace oilin these 3 States from November 1, 2017 and if thesegovernments did not ban their use in the industries by thenthese States will be fined.

MADHYA PRADESH TOPS INDIGITAL INITIATIVESAs per a report by Coeus Age Consulting on October 24,2017, Madhya Pradesh has emerged as the top State in termsof digital initiatives undertaken by State government. CoeusAge Consulting is an organisation which provides consultancyservices on various aspects of digital economy. Madhya Pradeshfollowed by Maharashtra at 99.9 and Andhra Pradesh at 99.8respectively.

The report is based on a comparative assessment of digitalinitiatives by 36 States and Union Territories. The assessmentby the knowledge domain service provider was done using ascoring framework made up of two key constructs, Policy andInfrastructure Readiness (PIR) Score and Mission ModeProject’s Performance (MMP) Score for each State. Theassessment is based on 109 key performance indicators relatedto policy, infrastructure and mission mode projects.

KANDLA PORT GOT GREEN NODKandla Port Trust has received environment clearance forsetting up a ` 1176 crore smart industrial port city in Kutch(Gujarat) on October 21, 2017. As per the proposal, smartindustrial port cities will be set-up at two separate sites inGandhidham city, in Kutchh district of Gujarat.

These industrial port cities would house about 35700residential flats, schools and parks, and would generate jobs formore than 60000 people. It is to be noted that Kandla PortTrust has been recently renamed as Deen Dayal Port by theUnion Ministry of Shipping. It is one of the top 12 majorports in the country.

‘PRERNA’ PROJECT FOR WOMENFARMERS LAUNCHEDAuto manufacturer Mahindra and Mahindra celebrated‘Mahila Kisan Diwas’ and launched a programme, ‘Prerna’to empower women working in the agriculture sector onOctober 15, 2017. ‘Prerna’ project is aimed at promotingthe use of efficient and ergonomic farm tools andequipment by women who work long hours in the fields.

It will be first launched in Odisha, with an aim topositively impact the lives of over 1500 families across30-plus villages. For the first project under ‘Prerna’,Mahindra and Mahindra will collaborate with CentralInstitution for Women in Agriculture (CIWA), IndianCouncil of Agricultural Research (ICAR), and the NGOPradan (Professional Assistance for Development Action).

BUREAU OF INDIAN STANDARDS(BIS) ACT 2016A new Bureau of Indian Standards (BIS) Act 2016 whichwas notified has been brought into force with effect fromOctober 12, 2017. Hallmarking of the precious metalarticles has been made mandatory under this new Act.

The Act empowers the Central government to appoint anyauthority/agency, in addition to the BIS, to verify theconformity of products and services to a standard and issuecertificate of conformity.

Bureau of Indian Standards (formerly the Indian StandardsInstitution – ISI) is a national standards body functioningunder the aegis of Union Ministry of Consumer Affairs,Food & Public Distribution.

SAMPOORNA BIMA GRAM YOJANALAUNCHEDThe Modi governmentlaunched SampoornaBima Gram (SBG)Yojana on October 13,2017 and expanded thecoverage of Postal LifeInsurance (PLI). Thiswas done by Minister forCommunications ManojSinha. With this, apartfrom governmentemployees, PLI will nowcover professionals also.

Under Sampoorna Bima Gram (SBG) Yojana, at least onevillage (having a minimum of 100 households) will beidentified in each of the revenue districts in India. Allhouseholds of that identified village will be covered with aminimum of one RPLI (Rural Postal Life Insurance) policyeach. Under the expansion of clientele base of PLI, benefitsof PLI will not be confined to the government andsemi-government employees anymore. Postal LifeInsurance (PLI) was introduced on February 1, 1884. Inthe beginning, the upper limit of life insurance was only` 4000, which has now increased to ` 50 lakh.

CURRENT REVIEW

AROUNDTHE WORLD


11TH TRADE POLICY FORUM MEETING

The 11th Trade Policy Forum (TPF) Meeting was held in Washington DC(USA) on October 26, 2017. In the Meeting, Indian Minister for Commerceand Industry, Suresh Prabhu had productive discussions with the United StatesTrade Representative, Ambassador Robert Lighthizer and his team. During themeeting, discussions were held on issues related to bilateral trade between Indiaand US, areas of mutual cooperation, market access in agriculture,non-agricultural goods and services and Intellectual Property Rights (IPR).

INTERNATIONAL PEACE CONFERENCE HELD

International Peace Conference was held in Imphal, Manipur on October 18,2017. Objective of conference to promote peace and harmony in the NorthEastern region of India. The conference was attended by religious leaders fromvarious countries, including Buddhist monks from South-East Asia andMyanmar. 14th Dalai Lama also addressed the International Peace Conference.Discussions were held on issues related to maintaining world peace, variousaspects of crime and violence and finding solutions concerning humandevelopment.

INDIA-US HOSTAC PROGRAMME

In a bid to strengthen maritime security, India and the United States haveagreed to implement the programme for Helicopter Operations from Shipsother Than Aircraft Carriers (HOSTAC). This decision was taken during ameeting between Indian Defense Minister, Nirmala Sitharama and USSecretary of Defence Jim Mattis.

The meeting between Sitharaman and Mattis was held on October 25, 2017 inPhilippines on sidelines of ASEAN Defense Ministers’ Meeting – Plus. It is tobe noted that this was second meeting between Sitharam and Mattis in lessthan a month. The first one was held in September, 2017, during Mattis’s visitto India.

INTERNATIONAL

CONFERENCE ON

CONSUMER PROTECTION

Prime Minister Narendra Modiinaugurated two-day InternationalConference on Consumer Protection forEast, South and South-East Asiancountries in New Delhi on October 27,2017.

This conference is being hosted by theDepartment of Consumer Affairs underUnion Ministry of Consumer Affairs,Food and Public Distribution and theUnited Nations Conference on Trade andDevelopment. Theme of this conference is‘Empowering Consumers in NewMarkets’.

Representatives from 22 countries fromEast, South and South-East Asiaparticipated in this conference. Theseinclude China, South Korea, Singapore,Bangladesh and Sri Lanka.

This is the first time that an internationalconference on consumer protection isbeing organised by India for countries ofthe region.

The conference is deliberated upon stepstaken by Asian countries to implement theUN guidelines on consumer protection aswell as challenges faced by consumers offinancial services and e-commerce.

MELBOURNE MERCER

GLOBAL PENSION INDEX

2017

India has ranked 28th out of 30 countriesin the Melbourne Mercer Global PensionIndex 2017 published by AustralianCentre for Financial Studies (ACFS) onOctober 24, 2017. Denmark has retainedthe top spot in this index for sixthconsecutive year.

The index reviewed pension system of 30countries which together cover 60% of theworld’s population. Although India hasranked 28th, its pension system has beenadjudged as more sustainable than that ofPoland, Germany, France, Japan, Italy,Austria, Brazil, China and Argentina.India’s overall index value in 2017 is 44.9,which marks an improvement over indexvalue of 43.4 in 2016.

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NICARAGUA SIGNED PARIS

CLIMATE AGREEMENT

Central American country, Nicaragua officially signed the Parisclimate change agreement and presented the relevant documentsfor the agreement at the United Nations on October 23, 2017.

It is to be noted that Nicaragua has no oil and its governmentpursues a green energy policies. More than 50% of its electricityis produced by geothermic, wind, solar, biomass and wavepower.

Now as Nicaragua has signed the Paris Climate ChangeAgreement, US and Syria are the only countries who are notparty to this agreement. Paris climate agreement, adopted inDecember, 2015, is an agreement within the United NationsFramework Convention on Climate Change (UNFCCC)through which member countries have committed to take stepsfor limiting global warming and thereby avoid dangerous climatechange. The United States earlier was one of 195 nations thathad an agreed to the grant in December, 2015.

WHO WITHDRAWS MUGABE’S

GOODWILL AMBASSADOR TITLE

The World HealthOrganisation (WHO)had withdrawn theappointment ofZimbabwean PresidentRobert Mugabe as thegoodwill ambassador fornon-communicablediseases (NCDs) in Africaon October 22, 2017.Robert Mugabe has been criticized for corruption and abuse ofpower.

Since early 2000s, European Union and United States haveimposed sanctions on Robert Mugabe and his allies for humanrights abuses and for causing the erosion of democraticinstitutions. From time to time, Director-General of WHOappoints prominent public figures as Goodwill Ambassadors fora term of two years. During their term, the goodwillambassadors, work closely with UN officials and leverage theirpopularity to raise awareness of global health issues.

APEDA TO PROMOTE NE PRODUCTS IN

BANGLADESH AND MYANMAR

The Agricultural and Processed Food Products ExportDevelopment Authority (APEDA) has taken up a programme forpromotion of North eastern products in Bangladesh andMyanmar. The news came up on October 21, 2017.

The APEDA, an apex organisation under the Union Ministry ofCommerce and Industry, proposes to organise the promotionprogramme in Bangladesh and Myanmar in association with theHigh Commission of India in Dhaka and its Embassy inYangon. The major products exported to Bangladesh includerice, vegetables, fruits, wheat, maize, dairy products and pulses.The major products exported to Myanmar include rice, maize,cereal preparations, fruits, rice and vegetable seeds.

WORLD SKILLS COMPETITION 2017

Indians Mohit Dudeja and Kiran bagged a silver and abronze medal respectively at the World skills competition2017 in Abu Dhabi, UAE. The results were announcedin a closing ceremony on October 18, 2017.

The Indian team consisting of 28 competitors won 2medals and nine Medallions of Excellence in key skills.Mohit Dudeja won a silver for Patisserie andConfectionery and Kiran won a bronze for PrototypeModelling. Over 1300 candidates from 59 countriesparticipated.

15 NATIONS ELECTED IN UN

HUMAN RIGHTS COUNCIL

Pakistan, Afghanistan and Nepal have been elected to theUN Human Rights Council along with 12 othercountries on October 16, 2017. The other nationselected to the human rights wing of the UN are Angola,Australia, Chile, Democratic Republic of the Congo,Mexico, Nigeria, Peru, Qatar, Senegal, Slovakia, Spainand Ukraine. The election was held during the 72ndsession of UN General Assembly (UNGA) in New York.A total of 193 countries competed in taking amembership seat at the UN Human Rights Council.These members would serve three-year terms beginningon January 1, 2018.

POLAND QUITS IMF’S FLEXIBLE

CREDIT LINE

Poland’s Deputy Prime Minister and Finance MinisterMateusz Morawiecki has announced that Poland will quitthe precautionary Flexible Credit Line provided by theInternational Monetary Fund (IMF) on October 16,2017. It is to be noted that, Poland had an FCLagreement with IMF since 2009, which was to be used attimes of crisis. However, it has never drawn on the funds.

The Flexible Credit Line (FCL) was designed to meet thedemand for crisis-prevention and crisis-mitigationlending for countries with very strong policy frameworksand track records in economic performance. Thisinstrument was created as part of the process ofreforming how the IMF lends money to countries thatfind themselves in a cash crunch, with the idea oftailoring its lending instruments to the diverse needs andcircumstances of member countries.

VANUATU ACCEPT BITCOIN IN

EXCHANGE FOR CITIZENSHIP

The South Pacific island nation of Vanuatu has becomehost to the world’s first government to accept bitcoin inexchange for citizenship. Vanuatu’s citizenship programcosts $ 200000, meaning that at current prices theresidency program costs less than 41.5 bitcoins.

As Vanuatu is a member of the Commonwealth ofNations, the citizenship program grants visa-free travel toover 100 countries, including much of Europe.

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With Bitcoin price hovering around $ 6000, Vanuatucitizenship can be availed at a price of nearly 35Bitcoins. However, in addition to the payment inBitcoin, the grant of citizenship will be subject toroutine due diligence and probity checks. Vanuatuhas zero corporate tax, no income tax, no capital gainstax, no estate tax, no wealth tax, no withholding tax,no gift tax and no other personal income taxes.Bitcoin is a worldwide cryptocurrency and digitalpayment system called the first decentralised digitalcurrency, as the system works without a centralrepository or single administrator.

INDEX

SAFE CITIES INDEX 2017

Japan’s capital Tokyo has topped EconomistIntelligence Unit’s Safe Cities Index 2017 of 60 citieson October 13, 2017. Singapore and Japanese cityOsaka have ranked second and third, while Indiancities Delhi and Mumbai have ranked 43rd and 45threspectively. In Safe Cities Index 2017, 60 cities havebeen ranked on 49 indicators placed under four broadcategories Viz. digital security, health security,infrastructure security and personal security. Pakistan’sKarachi is at the bottom of the index. Safe Cities Indexis a report by London-headquartered EconomistIntelligence Unit owned by ‘The Economist Group’.

GLOBAL HUNGER INDEX, 2017

India has ranked at 100th position on October 11,2017 among 119 countries on the Global HungerIndex (GHI), 2017. This year’s ranking marks a dropof three positions as compared to 97th rank in GlobalHunger Index 2016. The report outlines that morethan 20% of Indian children under the age of fivehave lower weight in relation to their height andabout 33% are too short in relation to their age.Among Asian countries India’s score is the thirdworst, only better than Pakistan and Afghanistan.

As per the report, Central African Republic has theworst score and is the only country having ‘extremelyalarming’ hunger levels, whereas Chad, Sierra, Leone,Madagascar, Zambia, Yemen, Sudan, and Liberia arethe countries that are suffering from ‘alarming’hunger levels. Countries like Iraq, North Korea andBangladesh have better scores than India.

GHI first published in 2006, it is prepared annuallyby International Food Policy Research Institute(IFPRI). Countries under GHI are ranked on a100-point scale. (0 being the best score indicating nohunger and 100 being the worst). The fourparameters of GHI are (i) Undernourishedpopulation (1/3rd weight), (ii) Child wasting (1/6thweight), (iii) Child stunting (1/6th weight) and (iii)Child stunting (1/6th weight) and (iv) Infantmortality rate (1/3rd weight).

Other Important EventsNews Related Facts

14th South AsianAssociation forRegionalCo-operation inLaw (SAARCLAW)Conference(October 29, 2017)

• 14th SAARCLAW Conference is being held in Colombo,Sri Lanka, along with the 11th SAARC Chief JusticesConference.

• Theme of 14th SAARCLAW Conference is “EmergingLegal Trends in SAARC Countries”.

• It was established in year 1991 in Sri Lanka.

First country toleave InternationalCriminal Court(October 27, 2017)

• African country Burundi has withdrawn from InternationalCriminal Court (ICC) and has thus become the first nationto do so.

• In recent years, governments of three African countries,South Africa, Gambia and Burundi expressed their intentto leave ICC citing the reason that it focuses too much onAfrican nations.

World’s firsttrack-less train(October 25, 2017)

• China began test runs of its world’s first track-less train inZhuzhou city, China. This train could travel at the speedof 70 kmph. This train is called Autonomous Rail Transit(ART).

Global PassportPower Rank 2017(October 25, 2017)

• As per ‘Global Passport Power Rank 2017’, compiled byinternational financial advisory firm Arton Capital,passport of Singapore is now the “most powerful”passport in the world.

• The index ranks national passports on basis of Visa-FreeScore (VFS). Indian passport ranked 75th.

First country togrant citizenshipto a robot(October 26, 2017)

• Saudi Arabia became the world’s first country to grantcitizenship to a robot, by granting citizenship to Sophia,an Artificially Intelligent (AI) robot.

• The robot, Sophia, was awarded citizenship of SaudiArabia at the Future Investment Initiative summit in Riyadh.

Australia closes itslast car factory(October 21, 2017)

• Australia’s last car factory was shut down, as GM HoldenLimited, a unit of US carmaker General Motors Co,closed its plant in South Australia.

• GM Holden would shift production to Germany whereadvanced automation will help to keep manufacturingcosts low. This has made thousands of Australiansjobless, particularly in South Australia.

Worst cities inthe world(October 15, 2017)

• As per a survey by the Thomson Reuters Foundation,India’s capital Delhi is one of the worst megacities in theworld on the parameter of women safety.

• In the overall ranking, Delhi ranked fourth from thebottom, better than Cairo (Egypt), Karachi (Pakistan) andKinshasa (Congo).

First Metro Train inPakistan

(October 15, 2017)

• The first metro train to Pakistan has arrived from China asa gift to the country and rolled into Lahore and it is set tobe launched in December 2017.

• This metro train service is Called as “The Orange LineMetro Train service”.

World’s first AIComputer to makeRobotaxis(October 11, 2017)

• NVIDIA unveiled the world’s first Artificial Intelligence (AI)computer designed to drive fully autonomous robotaxis,named Pegasus in Munich, Germany.

• NVIDIA Drive PX Pegasus will help to create a new classof vehicles that can operate without a driver, that are fullyautonomous vehicles without steering wheels, pedals ormirrors, and interiors that feel like a living room or office.

BRICS-themedsubway train debuts(October 6, 2017)

• A BRICS themed subway train with carriagesrepresenting the five member nations – Brazil, Russia,India, China and South Africa – has started testoperations in China’s south-eastern Xiamen city.

• The subway train has six carriages, five of whichrepresents different cultures of the BRICS countries.

World’s biggest &most powerful(October 2, 2017)

• Russia has launched world’s largest nuclear-poweredicebreaker ship named Sibir (Siberia). It was launchedinto the water at the Baltic Shipyard in St Petersburg.

• It is Russia’s one of three nuclear-powered icebreakersalong with the Arktika and the Ural.

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AWARDS ANDHONOURS

LIFETIME ACHIEVEMENT AWARD

Sharmila Tagore has received the Lifetime Achievement Award on October 28,2017. She was bestowed with the recognition by the PHD Chamber ofCommerce and Industry in New Delhi for her contribution in the field ofcinema. Minister of State for Prime Minister's Office Jitendra Singh and DelhiBJP chief Manoj Tiwari presented the award to Sharmila Tagore.

The celebrated actor debuted in movies with legendary director Satyajit Ray'sBengali film ‘Apur Sansar’ in 1959. She has received two National Film Awardsand two Filmfare Awards for her performances. In 2013, she was awardedPadma Bhushan by the Government of India.

FIFA WORLD PLAYER OF THE YEAR AWARD

Footballer Cristiano Ronaldo from Portugal has been named FIFA Men’sPlayer of the Year and Lieke Martens from Netherlands has been named FIFAWomen’s Player of the Year on October 23, 2017. Ronaldo wins the FIFAplayer of the Year Award for the fourth time in five years. FIFA’s annual ‘TheBest’ football award ceremony was held in London, (UK). Zinedine Zidane ofReal Madrid Club was awarded FIFA Best Men’s coach and Sarina Wiegman,Manager of Netherlands women’s national football team was awarded BestWomen’s Coach. This award is given annually to the player who is thought tobe the best in the world.

LATA MANGESHKAR AWARD

Noted music composers Usha Khanna, Bappi Lahiri, Anu Malik and playbacksingers Alka Yagnik and Udit Narayan have been selected on October 21, 2017for the Madhya Pradesh government's prestigious National Lata MangeshkarAward. The artistes honoured for their contribution in the field of musiccomposition and singing. The award is alternatively given to music directorsand playback singers every year.Each award winner will get a cash prize of` 2 lakh, shawl, shreephal (coconut) and a citation. The award instituted in thehonour of Mangeshkar.

BLUE PLANET PRIZE

Prof. Hans Joachim Schellnhuber fromGermany won Blue Planet Prize 2017 onOctober 18, 2017. It is world’s mostprestigious award for pioneers inenvironmental science. He was awarded forestablishing new field of science ‘EarthSystem Analysis’ and introducing mostinfluential concepts including the notion oftipping elements in the climate system inTokyo. He is Director of the PotsdamInstitute for Climate Impact Research. BluePlanet Prize was instituted by Asahi GlassFoundation (affiliate of Asahi Glassmanufacturing company of Japan) in 1992.

MAN BOOKER PRIZE

2017

George Saunders (US Author) wonrenowned 2017 Man Booker Prize ofBritain for fiction for his first full-lengthnovel 'Lincoln in the Bardo' onOctober 17, 2017. After this, Saundersbecame second American writer to winthis award. Paul Beatty became the firstAmerican to win the award for his novelcalled ‘The Sellout’ in 2016.

Man Booker Prize is presented by ManGroup and is awarded for best originalnovel, written in the English language, andpublished in the UK. It was first awardedin 1969 and at that time it was known asBooker-McConnell Prize.

PADMA PRABHA

PURASKARAM

Eminent poet, lyricist and journalistPrabha Varma has been selected for thePadma Prabha Puraskaram on October 16,2017 for her contribution to Malyalamliterature. The award, carrying a cash prizeof ` 75000, a plaque and a citation, wasinstituted by the Padma Prabha MemorialTrust. Other recognitions won by PrabhaVarma include Kendriya Sahitya Academi,Kerala Sahitya Academi and Vayalarawards, Mahakavi Puraskaram.

NOBEL PRIZE 2017

The 2017 Nobel Prize were announced in6 different fields viz. Physiology orMedicine, Physics, Chemistry, Literature,Peace, and Economic Sciences onOctober 2, 2017. First established in 1895at the will of the Swedish inventor AlfredNobel till now 12 Indians (5 Indian

GuruBankin December 2017 43

citizens and 7 of Indian origin or residency) have been awardedNobel Prize. The only woman from India in the list of NobelPrize recipient is Mother Teresa.

List of Nobel Prize winnders in 6 different fields is as follows

Area Person Reason

Physics Rainer Weiss(Germany), Barry C.Barish (USA) and KipsS. Thorne (USA)

For- decisive contributions to theLIGO detector and the observationof gravitational waves.

Chemistry Jacques Dubochet(Switzerland) , JoachimFrank (Germany) andRichard Henderson(Scotland)

For developing cryo-electronmicroscopy for the high-resolutionstructure determination ofbiomolecules in solution.

Physiologyor Medicine

Jeffrey C. Hall (USA),Michael Rosbash(USA)and Michael W.Young (USA)

For their discoveries of molecularmechanisms controlling thecircadian rhythm.

Literature Kazuo Ishiguro (Japan) For Who, in novels of greatemotional force, has uncovered theabyss beneath our illusory sense ofconnection with the world.

Peace Prize International Campaignto Abolish NuclearWeapons(ICAN)(founded inAustralia)

For its work to draw attention to thecatastrophic humanitarianconsequences of any use of nuclearweapons and for its ground-breakingefforts to achieve a treaty-basedprohibition of such weapons.

EconomicSciences

Richard H. Thaler (USA) For his contributions to behavioraleconomics.

INDIRA GANDHI AWARD FOR

NATIONAL INTEGRATION

Singer TM Krishna has won 30th Indira Gandhi Award forNational Integration for the year 2015-16. Krishna is apre-eminent vocalist in the Carnatic tradition of Indian classicalmusic and has been an activist who has worked to break downcaste-barriers in the society. In 2016, he won Ramon Magsaysayaward for bringing ‘social inclusiveness in culture’. IndiraGandhi Award for National Integration was instituted in year1985 by Congress party.

NATIONAL AWARD FOR LITERATURE

Namita Gokhale has been nominated for the first CentenaryNational Award for Literature, for her outstanding literarycontributions on October 14, 2017. Dhruba Jyoti Borah,President of the Asam Sahitya Sabha conferred the award onNamita Gokhale at special function in Guwahati (Assam). Thisaward has been instituted as part Asam Sahitya Sabha’scentenary celebrations. Her debut novel was ‘Paro: Dreams ofPassion,’ which was published in 1984.

MATHRUBHUMI LITERARY AWARD

Mathrubhumi Managing Director MP Veerendra Kumarannounced that, famous critic, biographer and orator MK Sanuhas been chosen for the Mathrubhumi Literary Award for 2016on October 13, 2017. ‘The Mathruthumi Literary Award’Award has been given for his contribution to the Malayalamliterature. The award consists of a cash prize of ` 2 lakh, acitation and a statuette. Veerendra Kumar is a recipient ofseveral awards including the Kerala Sahitya Akademi Award,Vayalar Award, Padmaprabha Award and Kendra SahityaAdademi Award .

NATIONAL AWARDS

President Ram NathKovind gave away theNational award forsenior citizens toIndian boxing coachGurbax SinghSandhu and LalBahadur ShastriNational Award forExcellence in PublicAdministration,Academics andManagement for 2017 to Dr. Bindeshwar Pathak onOctober 9, 2017. Sandhu has been coaching both themen and women boxers.

He was India’s longest-serving men’s national coach, fortwo decades, before he was made in charge of the womencampers in 2017. Sandhu was the chief coach when Indiawon its maiden Olympic medal in boxing throughVijender Singh in 2008. Dr.Bindeshwar Pathak is thefounder of Sulabh International. Dr. Pathak is a PadmaBhushan (1991) recipient from the government of Indiaand Bihar Ratna Award in 2010.

IAA LEADERSHIP AWARDS 2017

The International Advertising Association’s (IAA) IndiaChapter has announced the winners for the fifth editionof the coveted Leadership Awards at Trident Hotel,Mumbai on October 8, 2017.The Gujarat CooperativeMilk Marketing Federation (GCMMF), which managesbrand AMUL, has been awarded as the best FMCG in thefood sector at the 5th International AdvertisingAssociations (IAA) Leadership Awards in Mumbai.

Amul is Indias largest food brand with the annual brandturnover of ` 38000 crore. It is a cooperative milkfederation of 3.6 million milk producers of Gujarat. TheInternational Advertising Association established of the IAALeadership Awards to honour individuals in the fields ofMarketing, Advertising and Media, who have madeenormous professional contributions and delivered businesssuccess to their companies. The important award winnersfor the year are - Mukesh Ambani – IAA Business leader ofthe Year , Rajan Anandhan – IAA Media Leader Award,Vikram Sakhuja – Media Agency Leader Accolate etc.

ANNA POLITKOVSKAYA AWARD

Reach All Women (RAW) in War announced the annualAnna Politkovskaya Award 2017 jointly to Gauri Lankeshposthumously, and to a Pakistani activist Gulalai Ismaialon October 6, 2017. Journalist-activist Gauri Lankesh isthe 12th woman to receive this prestigious award. She wasshot dead on September 5, 2017. Anna Politkovskaya, aRussian journalist was killed in 2006 in Moscow for hercourage to speak out on the suffering of the civilians inthe war in Chechnya. RAW in War annually presents theaward to a female human rights defender from conflictzone.

SASTRA RAMANUJAN PRIZE 2017

Maryna Viazovska of Swiss Federal Institute of Technology,Lausanne (Switzerland), will receive 2017 SASTRA RamanujanPrize for her contribution to number theory. The news publishedon September 28, 2017. Maryna Viazovska is a giftedmathematician who has made contributions to several fundamentalproblems. She resolved significant cases of the Gross-ZagierConjecture. SASTRA Ramanujan Prize was established in 2005and is awarded annually for outstanding contributions by youngmathematicians to areas influenced by Srinivasa Ramanujan. Theage limit for the prize has been set at 32 because Ramanujanachieved so much in his brief life of 32 years.

SHANTI SWARUP BHATNAGAR

AWARD 2017

Ten scientists of Biological, Chemical, Earth, Engineering, Medicaland Physical Sciences were awarded Shanti Swarup BhatnagarPrize, at a function held at Council of Scientific and IndustrialResearch (CSIR), in New Delhi on September 27, 2017.

Every year Council of Scientific and Industrial Research (CSIR)selects 8-10 scientists, below the age of 45, from variousinstitutions and honours them with Shanti Swarup BhatnagarAward. The scientists are recognised for outstanding scientific workin the last five years. There were no awards this year for themathematical sciences. This is the second consecutive year with nowomen recipients for the Shanti Swarup Bhatnagar Award.

NATIONAL TOURISM AWARDS

The President of India, Shri Ram Nath Kovind,presented the National Tourism Awards on September27, 2017 at a function held in New Delhi. Gujarat wasnamed the best State for Comprehensive Developmentof Tourism.

The award in the Hall of Fame category was receivedby Gujarat’s Minister of Tourism Ganpat SinghVasava and Principal Secretary SJ Haider at thefunction at Vigyan Bhavan.

Madhya Pradesh also bagged best State forComprehensive Development of Tourism at theNational Tourism Awards. The other States whichhave made it to the awards list for their contribution totourism are Kerala, Rajasthan, Goa and AndhraPradesh.

BHIMSEN JOSHI AWARD

Famous vocalist Manik Bhide was chosen onSeptember 26, 2017 for the prestigious BharatratnaPandit Bhimsen Joshi award for the year 2017-18, forher contribution to the field of music. She is a singer ofthe Jaipur-Atroli ‘gharana’ style of singing. TheBhimen Joshi Award is given by the Maharashtragovernment. It is the highest award in the category ofperforming arts. It consists of ` 5 lakh cash prize.

Other Awards

Award Related Facts & winners

Pramod Mahajan SmritiAward(October 29, 2017)

• Bollywood actor Anupam Kher received Parmod Mahajan Smriti Award in Pune. Anupam Kher is the current Chairman ofFilm and Television Institute of India.

Mobexx Awards 2017(October 28, 2017)

• Online travel solutions provider Cleartrip was named the ‘Best Mobile App for Travel and Leisure’ at the Mobexx Awards2017. The Mobexx Awards recognise excellence in mobile marketing & advertising.

US Award for AIDSResearch(October 25, 2017)

• Professor Salim Abdool Karim and Quarraisha Abdool Karim, a South African Indian-origin researcher couple, wereawarded the 2017 IHV Lifetime Achievement Award for Public Service. Salim Abdool Karim and Quarraisha Abdool Karimwere the first to demonstrate that Antiretrovirals could prevent sexual transmission of HIV in 2010. They also discoveredthat, the Tenofovir Gel prevents Genital Herpes.

World Food PrizeLaureate Award 2017(October 20, 2017)

• Dr. Akinwumi Ayodeji Adesina, the President of the African Development Bank (AfDB), will be recognised as the 2017World Food Prize Laureate. He was Nigeria’s former Minister of Agriculture and rural development.

Green Platinum Award(October 18, 2017)

• Govardhan Eco Village, set-up by the International Society for Krishna Consciousness (ISKCON) in Palghar district ofMaharashtra has won the ‘Green Platinum Award’. Green Platinum Award has been instituted by Indian Green BuildingCouncil (IGBC), which is a part of Confederation of Indian Industry (CII).

Lifetime AchievementAward(October 16, 2017)

• Swraj Lord Paul, a famous NRI industrialist and Chairman of ‘The Caparo Group’ a leading UK-based manufacturer ofsteel products, has been honoured with this award at the 2nd British Asian Achievers Awards which was organised byJagatwani a Hindi weekly. Paul was the first person from Indian origin to hold the post of Deputy Speaker of the House ofLords, from 2008 to 2010.

UN Medal(October 17, 2017)

• 50 Indian peacekeepers placed in South Sudan were awarded the UN Medal for their service in maintaining peace inSouth Sudan. The award was presented by UNMISS Force Commander General Frank Mushyo Kamanzi.

Karanth Award(October 11, 2017)

• Prakash Raj, actor and film-maker, received the Kota Shivaram Karanth Huttura Prashasti award, at the Kota ShivaramKaranth Theme Park, in Kota, Udupi district of Karnataka. The Kota Shivaram Karanth Huttura Prashasti award isinstituted in the name of Jnanpith awardee K. Shivaram Karanth.

Vayalar Award(October 9, 2017)

• Noted Novelist TD Radhakrishnan’s has been selected for this year’s prestigious Vayalar award. Vayalar Award wasinstituted in 1977 and it is given for the best literary work in Malayalam. The award carries a cash prize of `one lakh,citation and a statuette.

Cross of the Order ofMerit (October 5, 2017)

• Rajesh Nath, Managing Director of VDMA India, has been conferred Germany’s Highest Civilian Honour, ‘Cross of theOrder of Merit’. ‘Cross of the Order of Merit’ was instituted in year 1951 and is also called Bundesverdienstkreuz orFederal Cross of Merit.

Best Airport SecurityAward(September 26, 2017)

• The security cover provided by the CISF at the Chhatrapati Shivaji International Airport has bagged the best airportsecurity award from the World Quality Congress (WQC). The CISF is a Central Armed Police Force in India.

Swedish Rights Award(September 26, 2017)

• Colin Gonsalves, a senior Indian advocate, was selected for a prestigious rights award in Sweden.

• He will share the award and the prize money with two other laureates — Khadija Ismayilova from Azerbaijan and RobertBilott from the US. The Right Livelihood Award is widely known as the ‘Alternative Nobel Prize’.

1. Assam Chief Minister launches a newweb portal ‘Assam Darpan’ to providedata to people on

a. Solar Related Projectsb. Government Schems & Projectsc. Government Exams Updated. Aadhar Card Detailse. Government Employment Oppurtunities

2. Recently released Melbourne MercerGlobal Pension Index-2017 India isranked at

a. 44 b. 45 c. 28 d. 23 e. 19

3. India has been ranked 74th with 51visa free score in the Global PassportPower Rank 2017 released in October,2017. Who is the first place in this list?

a. Germany b. Singapore c. Swedend. South Korea e. The USA

4. Who was awarded the LifetimeAchievement Award by the PHDChamber of Commerce and Industry, at aceremony held at Siri Fort Auditorium, inNew Delhi?

a. Moushumi Chatterjeeb. Deepika Padukone c. Niki Laudad. Nikita Todarwal e. Sharmila Tagore

5. Name of the Chief Minister launched‘Single Click Pension Delivery’ schemeand ‘Shataayu Award’ in his State.

a. Raghuvar Das of Jharkhand

b. Dr. Raman Singh of Chhattisgarh

c. Trivendra Singh Rawat of Uttarakhand

d. Smt. Vasundhara Raje of Rajasthan

e. Shivraj Singh Chouhan of Madhya Pradesh

6. Recently, the famous Indian doctorDr. Soumya Swaminathan wasappointed as the Deputy DirectorGeneral in, which global organisation?

a. Food and Agriculture Organisationb. World Trade Organisationc. World Health Organisationd. UNICEFe. None of the above

7. Who has been appointed as NewGovernor of Tamil Nadu?

a. C. Vidyasagar Raob. Jagdish Mukhic. Keshari Nath Tripathid. Padmanabha Balakrishna Acharyae. Banwarilal Purohit

8. In which field Jeffrey C. Hall, MichaelRosbash and Michael W. Young awardedreceived 2017 Nobel Prize?

a. economics b. physiology or medicinec. literature d. peacee. physics

9. On October 2, 2017, World HabitatDay was observed all over the world. Thetheme for World Habitat Day 2017 is

a. ‘Housing Policies: Affordable Homes’b. ‘Stay comfort : Make your homes Clean’c. ‘Beautiful Homes : Affordable policies’d. ‘Somewhere to live: Affordable Homes’e. ‘Homes Policies : Choose Wisely’

10. Submarine warship ‘INS Kiltan’,recently inducted in the Indian Navybelongs to, which category?

a. Kadmatt Class b. Kamorta Classc. Sagarika Class d. Arihant Classe. None of these

11. Name the First-ever Insurance Policylaunched by Star Health Insurance forPersons Diagnosed with Cancer?

a. Star Care Insuranceb. Star Cancer Care Goldc. Star Cancer Care Policyd. Star Cancer Pay-out Benefitse. Star Cancer Life Care Plans

12. Who is the author of the book‘Making of a Legend’?

a. Amrita Raib. NK Lionc. Bindeshwari Pathakd. Taslima Nasreene. Smriti Patwardhan

13. Integrity Index for broader strategyand emphasis on preventive vigilancewill be developed by

a. Central Vigilance Commissionb. Competition Commission of Indiac. National Statistical Commissiond. Election Commissione. None of the above

14. Name the country has started tocollect ‘sin’ taxes on tobacco,soft andenergy drinks.

a. United Arab Emirates b. Bahrainc. Qatar d. Saudi Arabiae. Kuwait

15. Which State made Aadhaar Cardcompulsory in order to avail fertilizersubsidy for farmers?

a. Madhya Pradesh b. Biharc. Jharkhand d. Maharashtrae. Odisha

16. Who is the author of the book‘Modi’s Midas Touch in Foreign Policy’?

a. Arun Shourie b. Vijayakanthc. Surendra Kumar d. Partha Sarathie. Reena

17. Which country has won the EnactusWorld Cup 2017?

a. India b. The UK c. The USAd. Australia e. Poland

18. Who has launched Sampoorna BimaGram (SBG) Yojana and an initiative forexpansion of clientele base of Postal LifeInsurance (PLI)?

a. Manoj Sinhab. Ashok Gajapathi Raju Pusapatic. Ravi Shankar Prasadd. Prakash Javadekare. Mukhtar Abbas Naqvi

19. Why did Supreme Court imposed aban on firecrackers for Diwali in Delhi?

a. To reduce accidentsb. To increase awarenessc. To promote Noise-free environmentd. To reduce Pollutione. Since its harmfull to health

20. Who has become the first Indianwoman to scale Mount Manaslu on 28thSeptember 28, 2017?

a. Sangeeta Nair b. Kripa Bhatnagarc. Gowri Mehra d. Aparna Kumare. Shanthi Krishnan

21. In which State ‘No helmet, no petrol’rule for two wheelers came into Act?

a. Andhra Pradesh b. Uttar Pradeshc. Bihar d. Gujarate. West Bengal

22. Where did Vice-President M.Venkaiah Naidu lay foundation stone forinland waterway?

a. Karnataka b. Andhra Pradeshc. Odisha d. Madhya Pradeshe. Tengana

23. Name the chess tournament whereViswanathan Anand has finished jointsecond.

a. FIDE Grand Pixb. Candidates Tournament 2017c. Isle of Man Chess Championshipd. World Senior Chess Championshipe. World Chess Solving Championship

24. Name the State government haslaunched ‘Mukhyamantri SamoohikVivaah Yojana’.

a. Madhya Pradesh b. Rajasthanc. Haryana d. Uttar Pradeshe. Bihar

25. Name the Life Insurance Companyhas launched Neo, a servicing bot forTwitter, to improve customer service.

a. HDFC Standard Life Insuranceb. Bajaj Allianz Life Insurancec. SBI Life Insurance Companyd. Birla Sun Life Insurance Company Limitede. ICICI Prudential Life Insurance

26. Where did Reserve Bank of India(RBI) open its new branch inUttarakhand on October 3, 2017?

a. Mussoorie b. Kashipur c. Roorkeed. Dehradun e. Haridwar

ObjectiveCurrent Affairs

Level 1

Directions (Q. Nos. 1-5) Each of the questions below ofa questions and three Statements I, II and III below it.You have to decide whether the data provided in thestatements are sufficient to answer the question. Readall the three statements and

Give answer

a. if the data in statements I and II are sufficient to answerthe question, while the data in statement III are notrequired to answer the question

b. if the data in statements I and III are sufficient toanswer the question, while the data in statement II arenot required to answer the question

c. if the data in statements II and III are sufficient toanswer the question, while the data in statement I arenot required to answer question

d. if the data in either statement I alone or statement IIalone or statement III alone are sufficient to answer thequestion

d. if the data in all the statements I, II and III together arenecessary to answer the question

1. Among six people P, Q, R, S, T, and V each liveson a different floor of a six storey building having 6floors numbered 1– 6 (the ground floor is numbered1, the floor above it, number 2 and so on and thetopmost floor is numbered 6). Who lives on thetopmost floor?

I. There is only one floor between the floors on whichR and Q lives. P lives on an even numbered floor.

II. T does not live on an even numbered floor. Q liveson an even numbered floor Q does not live on thetopmost floor.

III. S lives on an odd numbered floor. There are twofloors between the floors on which S and P live. Tlives on a floor immediately above R's floor.

2. There are six letters W, A, R, S, N and E. IsANSWER the word formed after performing thefollowing operations using these six letter only ?

I . E is placed fourth to the right of A. S is not placedimmediately next to to either A or E.

II. R is placed immediately next (either left or right)to E. W is placed immediately next (either left orright) to S.

III. Both N and W are placed immediately next toS.The word does not begin with R. A is not placedimmediately next to W.

3. Point D is in which direction with respect to PointB ?

I. Point A is to the West of Point B. Point C is to theNorth of Point B. Point D is to the South of Point C.

II. Point G is to the South of Point D. Point G is 4mfrom Point B. Point D is 9m from Point B.

IBPS PO/MTInstitute of Banking Personnel Selection

MOCK PAPER-2ONLINE EXAM NOVEMBER 26, 2017

Main (Phase II) Online Exam 2017

l This crack set consists of 155 questions in four parts.

l All questions are compulsory.

l Answer the questions quickly and as carefully as you can. Some questions may be difficult and others easy.

Do not spend too much time on any question.

Time 180 Min. Max. Marks 200

Part Subject Number of Questions

I Reasoning & Computer Aptitude 45

II Data Analysis & Interpretation 35

III General/Economic/Banking Awareness 40

IV English Language 35

General Instructions

Part I Reasoning & Computer Aptitude


III. Point A is to the West of Point B. Point B is exactlymidway between Points A and E. Point F is to theSouth of Point E. Point D is to the West of Point F.

4. How is ‘one’ coded in the code language?

I. ‘one of its kind’ is coded as ‘zo pi ko fe’ and ‘inkind and cash’ is coded as ‘ga to ru ko’

II. ‘its point for origin’ is coded as ‘ba le fe mi’ and‘make a point clear’ is coded as ‘yu si mi de’

III. ‘make money and cash’ is coded as ‘to mi ru hy’and ’money of various kind‘ is coded as ‘qu ko zohy’.

5. Are all the four friends viz. A, B, C and D who aresitting around a circular table, facing the centre?

I. B sits second to right of D. D faces the centre. Csits to immediate right of both B and D.

II. A sits to immediate left of B.C is not an immediateneighbour of A. C sits to immediate right of D.

III. D is an immediate neighbour of both A and C. Bsits to the immediate left of A.C sits to theimmediate right of B.

Directions (Q. Nos. 6-7) These questions are based onthe information given below and the sentences labeledas A, B, C, D, E and F.

Small brands are now looking beyond local grocery storesand are tying up with supermarkets such as Big Bazaar topull their business out of troubled waters.

A. A smaller brand manufacturing a certain product ofquality comparable with that of a bigger brand, makesmuch more profit from the local grocery stores thanfrom the supermarkets.

B. As the supermarkets have been set-up only in biggercities present, this step would fail to deliver results inthe smaller cities.

C. Supermarkets help the smaller brands to break intonewer markets without investing substantially indistribution.

D. Supermarkets charge the smaller brands 10% higherthan the amount charged to the bigger brands.

E. Being outnumbered by the bigger brands, visibility ofthe smaller brands at local grocery stores is muchlower as compared to the supermarkets.

F. Smaller brands are currently making substantial lossesin their businesses.

6. Which of the statements numbered (A), (B), (C),(D), (E) and (F) can be assumed from the factinformation given in the statement?An assumption is something supposed or taken forgranted.a. Only A b. Only B c. Both B and Cd. Both D and E e. Only F

7. The prevention of accidents makes it necessarythat not only safety devices be used to guard exposedmachinery, but also that mechanics be instructedabout safety rules which they must follow for theirown protection and that lightening in the plant, beadequate.

This paragraph best supports the statement thatindustrial accidentsa. are always avoidable

b. cannot be entirely overcomec. may be due to ignoranced. eliminated with the help of safety rulese. safety rules are more strictly followed in Europe

8. I think we will win. We have got the most talentedbatsmen in our side,’’ said the Indian coach in aninterview.

I. Cricket is different from other games.II. Talented batsmen are crucial for any team’s victory.

III. Chance of victory is different from actual victory.Which of the following assumptions is implicit in the abovestatement? (An assumption is something supposed or takenfor granted.)a. Only I b. Only II c. Only III d. I and II e. II and III

9. ‘‘A rare opportunity to be a professional while youare at home’’. An advertisement from a call centre forliterate housewives.

Which of the following assumptions is implicit in the abovestatement? (An assumption is something supposed or takenfor granted.)a. It is possible to be a professional as well as a housewife

b. Call centres are growing at a fast pace

c. Some housewives desire to become professionalssimultaneously

d. 1 and 2

e. 1 and 3

Directions (Q. Nos. 10-14) Study the followinginformation carefully and answer the questions givenbelow.

Eight persons from different cities Delhi, Gujarat, Patna,Mumbai, Chennai, Agra, Ranchi and Shimla are sitting intwo parallel rows containing four people each in such a waythat there is an equal distance between adjacent persons. Inrow 1 Raj, Ramesh, Roshan and Ratan are seated and all ofthem are facing North. In row 2, Mohan, Mitesh, Madan andMihir are seated and all of them are facing South. Therefore,in the given seating arrangement, each member is seated ina row facing another member of the other row. (All theinformation given above does not necessarily represent theorder of seating as in the final arrangement).

Roshan sits second to right of the person from Shimla.Madan is an immediate neighbour of the person who facesthe person from Shimla.

Only one person sits between Madan and the person fromMumbai. The immediate neighbour of the person fromMumbai faces the person from Patna.

The person from Delhi faces the person from Agra. Madanis not from Agra. Mohan is not from Mumbai. Mohan doesnot face the person from Shimla.

Mitesh faces the person from Chennai. The one who facesMihir sits on the immediate left of Raj. Ramesh does not sitat any of the extreme ends of the line. The person fromShimla does not face the person from Gujarat.

10. Who is sitting between Mihir and the personform Gujarat?a. The person from Agra b. Mohanc. Mitesh d. The person from Gujarate. Madan

11. Who amongst the following sit at extreme endsof the rows?a. Ratan and the person from Mumbai

51


b. The persons from Delhi and Ranchic. The person from Chennai and Mohand. The person from Gujarat and Ratane. Roshan and Mitesh

12. Who amongst the following faces the personfrom Delhi?a. The person from Ranchi b. Mohanc. Madan d. The person from Gujarate. The person from Agra

13. How many persons are sitting between thepersons belonging to Agra and Mumbai?a. 0 b. 1c. 2 d. They are in different rowse. None of these

14. Which one of the following is the correctcombination of the person and the city he belongs to?a. Roshan-Gujarat b. Raj-Chennai c. Ramesh-Ranchid. Madan-Shimla e. None of these

Directions (Q. Nos. 15-19) Study the followinginformation and answer the questions given below.

In Delhi Univesity, there are six friends who live in samebuilding of hostel. Those six friends are K, L, O, M, N and Plive in eight different floors of buildings (but not necessarilyin the same order)

Two of the floors in the building are vacant. The lowermostfloor of the building is numbered 1, the one above that isnumbered 2, and so on till the topmost floor is numbered 8.Each one of them also likes a different brands of shoes,namely Adidas Lee Cooper, Reebok, Bata, Puma and NIKEbut not necessarily in the same order).

The number of floors above O is same as the number offloors between l and M. There are two persons live betweenthose who likes Sonia and the one who lives immediatebelow the one who likes Lee Cooper.

The one who lives on even number floor and a multiple of 6likes Obama. O lives an odd numbered floor above the floor'numbered 4. There are three people live between the twovacant floors.

Only three floors between M and the one who likes Bata. Theone who lives on odd number floor likes Modi and Nitish butthe one who likes modi lives above the one who likes Nitish.The one who likes Puma lives immediately above P. Onlythree floors between P and K. The one who likes NIKE livesimmediately above the one who likes Adidas. L livesImmediately above the one who likes Reebok. The number offloors between O and the one who likes Lee Cooper is onlyone. The one who likes Lee Cooper immediately below theone of the vacant floors. The floor number of the vacantfloors are even - number. Only two floors are there betweenthe one who likes NIKE and Bata. L lived immediately belowthe one of the vacant floors and not on the ground floor. Lneither lived on floor number 5 nor floor number 3. The onewho likes Lee Cooper live on one of the floors below the floornumber 4. M likes Akhilesh. There are three floors betweenthe one who like Rahul and Reebok.

15. Which of the following statements is true withrespect to the given information?a. P lives immediately above the one who likes Batab. N lives immediately above Lc. Only three people live between O and the one who likes NIKEd. M likes Reeboke. All the given statements are true.

16. Who amongst the following lives exactly betweenthe fourth floor and the one who likes Adidas?a. M, L b. P, M c. L, P d. K, O e. N, K

17. Which of the following pair represents vacantfloors?a. 4, 6 b. 2, 6 c. 4, 8 d. 2, 8 e. 6, 8

18. Four of the following five are alike in a certainway and so form a group. Which one of the followingdoes not belong to the group?a. P-Puma b. L-Bata c. O-Pumad. N-Adidas e. M-Lee Cooper

19. How many people live between the one wholike Modi and Rahul ?a. Four b. Three c. None d. Five e. Two

20. What type of computers are client computer(most of the time) in a client-server system?a. Mainframe b. Super computer c. Micro computerd. PDA e. Mini computer

Directions (Q. Nos. 21-23) Study the informationcarefully to answer the Questions given below.

In a certain number system there are only two notations torepresent numbers # and ^.

0 is represented by # and 1 by ^. The subsequent numbersare represented in the following manner

2 is represented as ^#,

3 is represented as ^^,

4 is represented as ^##,

5 is represented as ^#^ and so on,

21. Which of the following is an odd number?a. ^^#^# b. ^^#^^ c. ^##^#d. ^^### e. ^^^##

22. Evaluate 45% of ^#^####.a. ^#^### b. ^^^^# c. ^##^##d. ^##^^# e. ^#####

23. What is the remainder remains when^^#^#^ is divisible by 7?a. 3 b. 2 c. 4d. 0 e. None of these

Directions (Q. Nos. 24-28) Study the followinginformation carefully and answer the given questions.

There are seven friends, namely Sujata, Rahul, Riya, Preeti,Gaurav, Karan and Diya. They work in, the same organisation,but in different departments, i.e. HR, Marketing and Finance.There are at least two persons in the same department.Moreover, each of these seven friends has a different salary aswell. No two of them have the same salary. In addition to this,some information is given as follows

Karan works in Marketing department and earns more thanonly Diya.

Sujata does not work with Rahul and Diya. Rahul stands 4thfrom the top when arranged in descending order of theirsalaries.

Gaurav is neither from HR nor from the department wherePreeti works. Diya and Riya are in the same department.

Preeti works only with Rahul but not in HR department andshe earns less than only Riya and Gaurav.

At most three people can work in the same department.

52


24. Among the following persons, Sujata works withwhom?a. Preeti b. Riyac. Gaurav d. Can’t be determinedc. None of these

25. Which of the following statements is/are false?a. Diya earns more than only Sujata

b. Gaurav works in the Finance department

c. The HR department has the maximum number of personsworking

d. All are false

e. None of the above

26. Who among the following work in the marketingdepartment?a. Karan, Gaurav and Sujata b. Karan, Preeti and Rahulc. Riya, Diya and Karan d. Karan, Sujata and Riyae. None of these

27. Who amongst them earns the most?a. Riya b. Gauravc. Diya d. Can’t be determinede. None of these

28. Which of the following is definitely true aboutRiya?a. She works in the marketing departmentb. She earns the most among all the friendsc. She works with Diya in the finance departmentd. All are truee. None of the above

29. Which of the following terms is used for buyingor selling of goods over the Internet?a. e-buying b. e-selling c. e-businessd. e-commerce e. e-learning

30. Which among the following option would youuse to analyse, explore and adding visulisation topresent the summary of data in MS-Excel?a. Pivot Chart b. Column c. Smart Artd. Area Chart e. Automatic Chart

Directions (Q. Nos 31-33) A string of numbers is givenin input. The further steps given are obtained by applyingcertain logic. Numbers of Step II have been obtained byusing at least 1 digit of each number in Step I. Each stepis a resultant of previous step only.

31. What is the average of numbers obtained in Step2?a. 23 b. 26 c. 25 d. 35 e. 42

32. What is the second largest number obtained inany step of given input?a. 89 b. 86 c. 78 d. 23 e. 45

33. Find the difference between sum of numbersobtained in Step I and sum of numbers obtained inother steps.a. 211 b. 221 c. 225 d. 204 d. 215

Directions (Q. Nos. 34-36) Answer the questions on thebasis of information given in the following case.

The Disciplinary Committee of National Political Party (NPP)is meeting today to decide on the future of two of their partymembers, Loyal and his son Prodigal.

Prodigal is the prime accused in the brutal murder ofVictim, an opposition party leader. Prodigal is in policecustody and his appeal for bail has got rejected. Loyalclaims that his son is innocent and Victim’s death was theresult of internal rivalry in the opposition party.

Though Loyal is not accused in this case, his weakness forhis son is well known. The media is blaming him forinfluencing key witnesses to protect his son. Severecriticism of this father-son duo, both by the media and somesocial activists, is damaging the image of the party.

However, Loyal has significant followers within the party andis considered an asset to the party. Any harsh decisionagainst Loyal would adversely affect the future of NPP andcould even lead to a split in the party. This would benefit theopposition.

34. Which of the following actions would adverselyaffect both NPP and Loyal, the most?a. Take no action against Loyal

b. Suspend Prodigal from the party with immediate effect

c. Expel Loyal from the party with immediate effect

d. Ban Loyal from entering party premises till completion of thecourt proceedings

e. Initiate an internal inquiry to find the truth

35. At the Disciplinary Committee meeting,members came up with the following suggestions.Which of the following suggestions would harm theparty, the least?a. Maintain status-quo

b. Expel Prodigal from the party with immediate effect tomaintain party’s clean image

c. Initiate an internal inquiry to find the truth

d. Suspend Prodigal from the party with immediate effect, butannounce that he will be taken back if the court declares himinnocent

e. Suspend both Loyal and Prodigal from the party withimmediate effect

36. Opportunist, a veteran member of NPP, stakeshis claims to be nominated as an NPP candidate inthe upcoming election, Opportunist presented thefollowing arguments in favour of his candidature tothe NPP Executive Committee.

I. Loyal’s candidature in the upcoming election willadversely impact NPP’s chances. Hence, the partyshould not nominate him.

II. The party should call a press conference todisown Loyal. This would enhance the party’simage.

III. The party would not be able to take any strongdisciplinary action against Loyal, if he getsre-elected.

IV. I have a lot of goodwill and significant followersin the constituency.

53

Step I

Step II

Step III

Step IV

Input

Input 4 2 3 1 8 3 3 1 7 3 2 1

2 3 1 8 4 3 3 4 1 7 2 2

4 6 9 7 8 6

2 1 1 9

0.5 9

8.5


V. None of my close relatives are into active polities.Which of the following combinations would best strengthenthe claim of Opportunist?a. I and III b. I and IV c. II and IIId. III and V e. IV and V

Directions (Q. Nos. 37-39) Each of the followingquestions consists of six statements followed by optionsconsisting of three statements put together in a specificorder. Choose the option that indicates a combinationwhere the third statement can be logically deduced fromthe first two statements and that option will be your answer.

37. I. Some orange is white.

II. Some white is black. III. All black is orange.IV. Some green are blue. V. No blue is white.VI. All red are green.a. IV, VI, V b. I, II, V c. II, III, Id. IV, V, VI e. None is correct

38. I. Some red is green. II. All blue is black.

III. Some blue is white. IV. Some red is white.V. Some black is white. VI. Some black is blue.

a. VI, IV, I b. II, III, VI c. I, II, IVd. I, V, III e. None is correct

39. I. No red is green. II. Some white is red.

III. All blue is white. IV. Some green is blue.V. No white is black. VI. No blue is black.

a. I, II, V b. II, III, V c. I, IV, VId. III, V, VI e. None is correct

Directions (Q. Nos. 40-42) Study the information belowand answer the following question.

In a certain code language,

‘Arrive today eagles later’ is written as ‘21★R, 6$A, 14$O,25HA’.

‘Begin work faster table’ is written as ‘14$A, 17%O, 26★A,22$E’.

‘Length error arrow burn’ is written as ‘6★E, 25$R, 22%U,21$R’.

‘Trial better than wisdom’ is written as ‘14$R, 14%H, 22★E,17★I’.

40. The code for the word ‘table’a. 26★A b. 17%O c. 14$Ad. 22$E e. None of these

41. The code word ‘6$A’ for the worda. Later b. Arrive c. Earlierd. Today e. Either 1 or 3

42. Find the code word for the word ‘Burn’?a. 25$R b. 22%U c. 21$Rd. 6★E e. Can’t be determined

Directions (Q. Nos 43-44) Study the followinginformation and answer the given questions.

43. If P is brother of C, then how is J related to P?a. Brother b. Cousin c. Sisterd. Uncle e. Cannot be determined

44. How is T related to S?a. Brother-in-law b. Cousin c. Sister-in-lawd. Sister e. Brother

45. Effect The temple at the religious site wears adeserted look with the number of devotees tricklingdown.

Which of the following can be a possible cause of the aboveeffect?a. A structural engineer had visited the temple a month back

and had declared the structure unsafe

b. The temple is facing a drastic depletion of its funds which hadaccumulate over the years due to offerings made by devotees

c. The local corporation decided to donate a huge amount ofmoney to the temple for its renovations

d. The village housing the religious site has qualified priests toperform religious ceremonies

e. A famous actor recently visited the temple and paid hisrespects to the deity

Directions (Q. Nos. 46-50) Study the following graphsand answer the questions based on them.

BI : Business India, DSJ : Dalal Street Journal, BW :Business World, FI : Fortune India

Note Figures are hypothetical and do not reflect actualcirculation figures of the magazines.

Adertisement Tariff (in `)

46. The total circulation figure for the four

magazines together in 2014 was approximately.a. 108000 b. 181000 c. 157000 d. 140000 e. 150000

47. During the years 2013-15, the magazine that hasshown maximum percentage growth in circulation isa. Business India b. Dalal Street Journal c. Business Worldd. Fortune India e. Both ‘a’ and ‘b’

54

Part II Data Analysis & Interpretation

0

5000

10000

15000

20000

25000

30000

35000

2013 2014 2015

30000

20000

17000

14000

18000

23000

28000

33000

5000

8000

15000

23000

DSJ BI BW FI

0

10000

20000

30000

40000

50000

60000

70000

80000

31

00

0

27

00

0

20

00

032

00

0

30

00

0

25

00

0

69

00

0

60

00

0

45

00

0

49

00

0

40

00

0

18

00

0

DSJ BI BW FI

2013 2014 2015

Circulation of Magazines


d. If foreign universities are to be allowed, their operations mustbe regulated; otherwise, unscrupulous elements will use theforeign tag to charge high fees even for poor facilities

e. Students who have low scores and those who cannot affordto study abroad are likely to be exploited by foreignuniversities if these universities are allowed to operate withoutregulations

153. Nutrition is important to ensure proper brainformation and development, which starts in thewomb: development of the brain goes on duringearly childhood. Iodine deficiency is known to affecta child’s Intelligence Quotient (IQ) adversely. It hasalso been established that children with deficientgrowth before age two are at an increased risk ofchronic disease as adults, especially if they gainweight rapidly in the later stages of childhood. A lowbirthweight baby, who is stunted and underweight inits infancy and gains weight rapidly in childhood andadult life, is much more prone to chronic conditionssuch as cardiovascular disease and diabetes.a. Nutrition is important not only for the formation and

development of the brain in the womb, and for the intelligentquotient as a child, but also for the physical well-being inadult life.

b. Nutrition affects brain formation and development; iodine isrelated to IQ. Low weight at birth and rapid weight-gain inchildhood increases the risk of heart disease and diabetes inadult life.

c. Nutrition affects a child’s brain formation and development.Lack of iodine causes low IQ, whereas low weight babiesdevelop heart disease and diabetes in later life.

d. Starting in the womb, nutrition affects the child’s brainformation and development. A low baby is more prone todevelop cardiovascular disease and diabetes if it gainsweight during childhood.

e. Nutrition is important for brain formation and development aswell as for the overall health. Iodine can affect the child’s IQ, andlow weight at birth can lead to chronic conditions in adult life.

154. When a species evolves traits that seem to havelittle to do with individual survival-bright colours,say, or oversize horns, it is typically the male alonewho sports these excesses. Observing this, CharlesDarwin proposed the idea of ‘selection in relation to

sex’ as a follow-up to his theory of natural selection.He defined it as the struggle between members ofone sex, ‘generally male,’ to possess the other. Theplumage of peacocks attracts peahens. The stag’santlers are there to fight off other stags and so on.a. The plumages of peacocks and the stag’s antlers, according

to Charles Darwin, have little to do with survival, but areevolutionary male excesses to possess the female.

b. Bright colours or oversize horns, according to Charles Darwin,are evolutionary excesses unrelated to individual survival buthelp the male in the struggle to possess the female.

c. Charles Darwin defined the plumage of peacocks and thestag’s antlers as excesses in the struggle between membersof one sex to possess the other.

d. According to Charles Darwin, when a species evolvesexcesses that have nothing to do with survival they aregenerally male and useful to fight off the other male.

e. In his follow up to natural selection Charles Darwin definedevolutionary excesses as having little to do with survival andmore to do with male domination of the female.

155. Some people think sports cars are threatenedwith extinction by tightening restrictions oncarbon-dioxide emissions and unacceptablefuel-guzzling. They fear the roar of the V8 will bereplaced by the whirr of the electric armature – andthat motoring will never be the same again. Well, itought to be quieter, that is true. But they need notfear that electric cars will be slower. The secret is thatelectric motors are better than combustion engines.They have more oomph, and no need of a gearbox todeliver it.a. Contrary to what some people think sports cars will go even

faster with electric power.

e. The belief that sports cars will become extinct is a misplacedone, as cars with electric motors will go faster thancombustion engines.

c. The restrictions on carbon emissions need not make the sportscars extinct as faster electric cars will easily replace them.

d. Contrary to popular belief that electric cars are slower, theyare in fact better and faster than combustion engines.

e. Though more noisy than the combustion engines cars withelectric motors deliver more power even without a gearbox;they will replace the combustion engines.

64

1. (e) From Statements I, II and III

Floor Number Person

6 P

5 T

4 R

3 S

2 Q

1 V

2. (b) From Statement I and IIIA N S W E R

3. (b) From Statements I and III.

4. (e) From Statements I and II

From Statements I and III

∴ Hence, From Statement I, II and III

Hints Solutions&

East

E

D F

B

B

B

West

North

South

one of its kind

in kind and cash

its point for origin

make a point clear

zo pi ko fe

ga to ru ko

ba le fe mi

yu si mi de

one of its kind

in kind and cash

make money and cash

money of various kind

zo pi ko fe

ga to ru ko

to mi ru hy

qu ko zo hy


5. (d) From Statement I

From Statement II

From Statement III

From any of the given statements it is clearthat all of them are not facing centre.

6. (e) As small brands are in troubled water,it can be a valid assumption that smallerbrands are currently making substantiallosses in their business.

7. (d) According to the given paragraph, 1, 2and 3 can be ruled out. Nothing is saidabout Europe, so 5 is also ruled out, Andfrom the paragraph it is quite clear thatindustrial accidents can be prevented withthe help of safety rules.

8. (b) I is not implicit as nothing is hintedabout the similarity or the difference betweencricket and other games.

II. is obvious. So, it is implicit.

III. is not implicit as there is nothing tosuggest that chance of victory is differentfrom actual victory.

9. (e) I is implicit. In case of anadvertisement, it is assumed that what isbeing highlighted is believed to be possible.

2 is not implicit as nothing is assumedabout the growth of call centres.

3 is implicit. In case of an advertisement, itis assumed that what is being highlighted islooked for by the people.

Solutions (Q. Nos. 10-14) According to thegiven information, seating arrangement andof eight persons with their respective citiesare as follow

10. (c) Clearly, Mitesh is sitting betweenMihir and the person from Gujrat.

11. (d) The person from Gujrat i.e. Mohanand Ratan sit at extreme ends of the rows.

12. (e) Ratan, the person from Agra, facesthe person from Delhi.

13. (d) The persons who belong to Agra andMumbai, are sitting in different rows.

14. (b) Raj-Chennai is the correctcombination of ‘person-city’.

Solutions (Q. Nos.15-19)

According to the given information

Floor Friends Shoes Celebrity

8 Vacant – –

7 L Puma Modi

6 P Reebok Obama

5 O Bata Sonia

4 Vacant − −3 N Lee Cooper Nitish

2 K NIKE Rahul

1 M Adidas Akhliesh

15. (a) 16.(e) 17.(c) 18.(a) 19.(b)

20. (c) In the client-server system, microcomputer are commonly treated as clientcomputers due their limited hardwareconfiguration to handle and process multipletasks.

21. (b) ^^#^^ = 11011

= + + +2 2 2 24 3 1 0

= + + +16 8 2 1

= 27 (odd number)

Thus, ^^#^^ is a correct answer.

22. (c) ^#^#### can be written as1010000

= +2 26 4

= +64 16 = 80

Now, 45% of 80 = ×45

10080 = 36

convert 36 into Binary Number :

36 0

18 0

9 1

4 0

2 0

1

∴ 36 100100= = ^##^##

23. (c) ^^#^#^ can be written as110101

Q110101 = + + +2 2 2 25 4 2 0

= + + +32 16 4 1= 53

When 53 is divided by 7, remainderis 4.

Hence, answer is 4.

Solutions (Q. Nos. 24-28) According togiven information, departments of personand their salary in decreasing order is shown

below.

Department Persons

Marketing Karan, Sujata and Gaurav

HR Diya, Riya

Finance Preeti, Rahul

Salary in descending order.

1 → Riya/Gaurav

2 → Riya/Gaurav

3 → Preeti

4 → Rahul

5 → Sujata

6 → Karan

7 → Diya

24. (c) 25.(d) 26.(a) 27.(d) 28.(e)

29. (d) Today, most people use e-commerce

to perform monetary transaction (buying or

selling goods) online because of the ease,

convenience and security that it provides.

30. (a) Pivot Chart is best type of graphs for

the analyse of data. You can use a Pivot

Table report to summarise, analysis, explore,

and present summary data.

Solutions (31-33)

Accordingto the given information

31. (a) Required average = + =23 23

223

32. (b) Second largest number = 86 (Step 1)

33. (d) Sum of numbers in Step 1 = 253

Sum of numbers in Step 2, Step 3 and

Step 4 = 49

∴ Required Difference = − =253 49 204

34. (c) Here, it is important to note: Any

action against Mr Prodigal would affect Mr

Loyal which in turn may affect the party.

Similarly, any direct action against Mr Loyal

may again affect the party. In other words,

any direct or indirect action against Loyal

may affect the party.

Expelling Loyal for something that Prodigal

has done may be unfair, unless charges are

proved. Further, expelling Loyal from the

party would alienate him. It is the worst

action that can be taken against him and it

might lead to a split within the party (as

mentioned in the passage). Expelling

indicates that chances of Loyal coming

back to the party would be very low. Hence,

option (c) is the correct answer since this is

not good for both of them.

65

A

B D

C

B

CA

D

Row-II

Row-I

FacingSouth

FacingNorth

Mumbai

Mitesh

Gujarat

Mohan

Rachi

Mihir

Delhi

Madan

Raj

Chennai

Roshan

Patna

Ramesh

Shimla

Ratan

Agra

B

A C

D

2 3 1 8 4 3 3 4 1 7 2 2

8 9 7 8 8 6

2 3 2 3

1.5

0

1.5

Step I

Step II

Step III

Step IV

2×4 3×3 1×7 8×1 4×2 3×2

8+7+8 9+8+6

3/2 3/2

1.5–1.5

Input

one of its kind

in kind and cash

its point for origin

make a point clear

make money and cash

money of various kind

zo pi ko fe

ga to ru ko

ba le fe mi

yu si mi de

to mi ru hy

qu ko zo hy


35. (d) Option (d) gives fair chance to

Prodigal and indirectly to Loyal as well.

Furthermore, this would ensure a good

image among public and media that party

adheres to the decision of the court. And at

the same time it conveys a message that

party is not unfair to the members during

crisis time and would boost the morale of

the party members.

36. (b) Statement I directly conveys that

Loyal might not have high chance of winning

and Statement IV says how opportunist can

be ideal replacement of Loyal in terms of

trustworthy followers.

So, combination of I and IV option (b)would be the correct answer. This option ishaving both anit-Loyal and pro-opportunistarguments.

37. (c) Some white is black. All black is

orange. Given Some orange is white.

38. (b) All blue is black and some blue is

white. Given some Black is blue..

39. (d) All blue is white. No white is black.Given no blue is black

Solutions (Q. 40-42) According to

information here, A-21, B-22 C-23, D-24, .....

G-1, .... Z-20 . For, 6 letter word –*, 5 letter

word –$ 4 letter word-%

40. (c) 14 $ A

Table ⇒ 14$A

T-14

$-5 letter word

A-second letter of the word.

41. (a) Later

Explanation Later-6$AL-6

5 letter word $

Second letter of the word-A

42. (b) 22% U

Explanation Burn-22%U

22-B

%-4 letter word

U-Second letter

Solutions (Q. Nos 43-44)

According to the given information

43. (e) If P is brother of C.

Then, P C J( )+ − ⇔The gender of J is not given. Hence,

We can't find the relation between them

44. (c)

45. (a) The main cause for number ofdevotees trickling down at the religious sitebecause of a structural engineer had visitedthe temple a month back and had declaredthe structure unsafe.

46. (c) Total circulation in 2014

= + + +40000 60000 30000 27000

= 157000

47. (b) Percentage growth for Business Indiaduring 2013-15

= − ×

=69 45

45100 53 3. %

Percentage growth for Dalal Street Journalduring 2013-15

= − ×

=49 18

18100 172%

Percentage growth for Business Worldduring 2013-15

= − ×

=32 25

25100 28%

Percentage growth for Fortune India during2013-15

= − ×

=31 20

20100 55%

Hence, it is maximum for Dalal StreetJournal.

48. (a) In 2015, advertisement tariff for FI= ` 28000

But according to the condition,advertisement tariff for FI in 2015

= ` 14000

Clearly, cost of advertisement will bedecreased and percentage decrease for perthousand copies

=

× −

×

××

28000

310001000

14000

31000

1000

28000

310001000

100

=−

×

28000

31

14000

3128000

31

100

=−

×

= ×

28

31

14

31

28

31

100

14

31

28

31

100

= 50%

49. (b) Advertising cost per 1000 copies isgiven below

Dalal Street Journal

= × =( / )14000 40000 1000 350`

Business World

= × =( / )20000 30000 1000 666`

Fortune India

= × =( / )17000 27000 1000 629`

Business India

= × =( / )30000 60000 1000 500`

Thus, it is lowest for Dalal Street Journal.

50. (c) Advertising cost per 1000 copies of

Business World in 2013

=

× =5000

250001000 200`

Advertising cost per 1000 copies of BusinessWorld in 2014

=

× =20000

300001000 666`

Hence, the cost has increased by= ` 466

51. (d) According to the information, E ’sexpenditure is maximum in month of July’14.

52. (c) D’s expenditure is minimum for themonth of July, 14.

53. (e) Salary of B in the month of August, 14

= +5000 20% of 5000

= + ×5000 500020

100

= ` 6000

Expenditure of B in the month of August’14

= +3000 10% of 3000

= 3000 + ×300010

100

= ` 3300

∴ Savings = Salary − Expenditure

= −6000 3300

= ` 2700

Increment in saving

= −Saving in August Saving in July

Saving in July

= − ×2700 2000

2000100

= × =700

2000100 35%

54. (d) Percentage of A’s

= ×Expenditure

Salary100

= × =3500

4000100 87 5. %

Percentage for B’s = × =3000

5000100 60%

Percentage for C’s = × =3500

4500100 77 7. %

Percentage for D’s = × =2500

3500100 714. %

Percentage for E’s = × =4500

5000100 90%

Hence, E has maximum percentage.

66

Black

Orange

White

Blue

Black

White

Blue Black

White

J CCouple

Y(–)L(+)Couple

B(+)S(–)Sister

BrotherK(+)

BrotherD(+)

CoupleT(–)

Son


55. (b) Saving percentage for A

= ×Saving

Salary100

= × =500

4000100 12 5. %

Saving percentage for B

= × =2000

5000100 40%

Saving percentage for C

= × =1000

4500100 22 22. %

Saving percentage for D

= × =1000

3500100 28 57. %

Saving percentage for E

= × =500

5000100 10%

Only three persons B, C and D have savingmore than 20% of the salary.

56. (e) Using Statement I,A

B= 2

3

Using Statement II, A is 40% of total. So, Bis 60% of total amount invested.

A

B= 40

60= 2

3

Using Statement III, A = ` 45000

Putting the value of Statement III in any ofthe Statements I or II, we can find theamount invested in scheme B.

Thus, either I or II can be dispensed with.

57. (e) From Statements I and III,

Suppose the present age of Suchitra’s son

= x yr

Present age of Suchitra’s = 2 x yr

After 3 yr,2 3

3

24

17

x

x

++

=

Required answer can be find with the helpof it.

Here, Statement II is not necessary.

58. (e) Let, labelled price of the article be `x .

Then, from Statement II,

95% of x = 608 ⇒ x = ×608 100

95

∴ x = ` 640

So, we can find the answer without theStatement I and III.

Now, using Statements I and III, CP = ` 500

Profit = 28%

∴ Labelled price = 128% of 500 = ` 640

Thus, either Statement II or Statements Iand III together can be dispensed with.

59. (a) Statement I is irrelevant.

From III, Speed = =200

1020 m/s

= ×

2018

5km/h

= 72 km/h

From II, Time taken =

560

72h

Thus, I is redundant.

60. (e) Let, 1 man’s day’s work = x

and 1 woman’s 1 day’s work = y

Then, 12 81

10x y+ = …(i)

and we are asked 15 4x y+ = ?

From I,

1 man’s 1 day work =×

=1

15 12

1

180…(ii)

Thus, using Eqs. (i) and (ii), we can get theanswer.

So, II and III are redundant.

From II,

I woman’s 1 day work =×

=1

15 16

1

240…(iii)

Thus, using Eqs. (i) and (iii) we can get theanswer.

So, I and III are redundant.

From III, y x= 3

4…(iv)

Thus, using Eqs. (i) and (iv) we can get theanswer.

So, I and II is redundant.

61. (c) Quantity I. Given, average height of16 students = 142 cm

Total height = ×142 16 cm

And, if the height of the teacher is addedthe average, then

The average height of 16 students +Teacher = 143

Total height = ×17 143 cm

Hence, Height of the teacher

= × − ×( ) ( )17 143 142 16 = 159 cm

Quantity II.

Circumference of first semicircle = πr= 0 5. π

Circumference of first semicircle = =π πr 1

Circumference of first semicircle = =π πr 15.

Number of semicircles = 13

The length of the spiral = + −na n d

22 1( ( )

a = 0 5. π, d = 0 5. π

= × + −13

22 0 5 13 1 0 5( . ( ) . )π π

= ×13

27 π = × ×13

27

22

7

= × =13 11 143 cm

Hence, Quantity I > Quantity II.

62. (b) Quantity I. There are 8 letters in thegiven word BLOATING and none of theletters comes more than once.

The required number of ways = 8!

= × × × × × × ×8 7 6 5 4 3 2 1= 40320

Quantity II. There are 8 letters in the givenwork SOLITARY and none of the letterscomes more than once.

The required number of ways = 8!

= × × × × × × ×8 7 6 5 4 3 2 1= 40320

Hence, Quantity I = Quantity II.

63. (e) Quantity I.

Let the score of Dinesh = x

Then, Sachin’s score = −x 15

And Kapil’s score = −x 25

According to the question,

Dinesh’s score = + =63 30 93

Hence, Sachin’s score = − =93 15 78

Kapil’s score = − =93 25 68

Total score of Sachin, Kapil and Sunil

= × =63 3 189

Then, Sunil’s score = − + =189 78 68 43( )

The sum of Kapil’s and Sunil’s

= + =68 43 111

Quantity II. 400 person complete1

4th of the

work in 9 10× h = 90 h = 400 person

complete the work in 90 4 360× = h = 1person completes the work in 360 400× h

Let the number of persons completing thework in 20 days be x.

Remaining work to be done = − =11

4

3

4

x person complete3

4the of the work is

8 20× h = 160 h x person complete the

work in 1604

3× h

Time taken by 1 person to complete the work

in both the cases will be same

So, 360 400 1604

3× = × × x

x = 675

So, additional people required to completethe remaining work = −675 400 = 275

Hence, Qauntity I < Quantity II.

64. (e)

Let P is faster than Q.

Then, P cover 72 km distance in the sametime as Q covers 48 km distance.

Ratio of the speed = 72 48: = 3 2:

∴ Speed of faster train i.e.,

P = × =48

23 72 km / h

difference between the speeds of

P and Q. = − =72 48 24km / h

Quantity II. Let, Speed of train =T km / h

Let, speed of car =C km/h

∴ 120 4808

T C+ = …(i)

200 4008

1

3T C+ = …(ii)

On solving Eqs. (i) and (ii), we get

T = 60 km

Hence, Quantity I < Quantity II.

65. (c) P = +

+

10800

6

5

6

5

6

5

2 3

= + +

10800180 150 125

216

= ×50 455 = 22750

Cost Price of Bike = ` 22750.

67

A B48 km

km

P

Q


Quantity I. → ` 22750

2522020

21

20

21

20

21

2 3

=

+

+

x

⇒ 252208820 8400 8000

9261= + +

x

⇒ x = ` 9261.

Quantity II. = ×240

1009261 = ` 22226.4

Hence, Quantity I > Quantity II

Solutions (Q. Nos. 66-70) According to thegiven information

Total number of students = 1600

Dentistry = 720

Boys = 450

Homeopathy = 880

Boys = 320

Total number of students in the medicalcollege is 1600.

number of students studying Dentistry

= 45% of 1600 720=number of students studying Homeopathy

= 55% of 1600 880=Given that, out of the students studyingDentistry, boys and girls are in the ratio of5 : 3

So, number of boys studying Dentistry

= 5

8of 720 450=

And, number of girls studying Dentistry = 3

8of 720 270=It is also given that out of the studentsstudying Homeopathy, boys and girls are inthe ratio of 4 : 7.

So, number of boys studying Homeopathy

= =4

11880 320of

And, number of girls studying Homeopathy

= 7

11of 880 560×

66. (d) 16 10 26% % %+ = of boys and

20 10 30% % %+ = of girls are studying onlyeither English or Hindi.

26% of 450 117=30% of 270 81=

Therefore, total number of students(studying Dentistry know only either Englishor Hindi) = + =117 81 198

67. (c) 12% of 450 10+ % of 270 10+ % of

320 10+ % of 560

= + + + =54 27 32 56 169

68. (e) [20% + 10% + 10% + 10%] = 50% of270 20 10 5 15 50+ + + + =[ % % % %] % of560 135 280 415= + =∴ Required girl’s percentage

= × =415

830100 50%

69. (a) [ % % %] %5 10 15 30+ + = of

320 5 15 15 35+ + + =[ % % %] % of560 96 196 292= + =

70. (b) [ % % % % ] %20 10 15 25 70+ + + =

of 320 : [ % % % % ] %20 10 15 15 60+ + + =of 560 = × ×7 32 6 56: = 2 3:

71. (a) Case I. MW MW MW MW

Case II. WM WM WM WM

Let, us arrange 4 men in 4! ways, then wearrange 4 women in 4

4P ways at 4 places

either left of the men or right of the men.

Hence, required number of arrangements

= × + ×4 444

44! !P P

= × =2 576 1152

72. (d) Let, the cost price of article be ` 100

Then, selling price should be 120% of 100

= ×120 1000

100= ` 120

Now, selling price of the article should be10% lower than marked price because ofthe discount of 10%.

∴ Marked price = ×−

100

100 10

SP

= ×100 120

90= 400

3

Required percentage at which article ismarked higher than cost price

= − × 100MP CP

CP

=−

×

400

3100

100100

= −×

×( )400 300

3 100100

= =100

333

1

3%

73. (b) According to the formula, after noperations, quantity of pure liquid

= −

a

b

a

n

1 units

Hence, b n a= = =4 4, , ?

Quantity of milk left in the container afterfour operation

= −

a

a1

44

L

Then, according to the question,

aa

a aa

14

14

16

65

4

4

−

− −

= =−

− −

=1

4

1 14

9

16

65

4

4

a

⇒ 14 16

65

16

651

44 4

−

= − −

a a

⇒ 81

651

4 16

25

4

−

=a

⇒ 14 16

81

4

−

=a

⇒ 14 2

3− =

a

⇒ 4 1

3a=

⇒ a = 12 L

74. (a) 6 12× men = ×8 18 women

= ×18 10 children

⇒ 12 men = 24 women = 30 children

⇒ 2 men = 4 women = 5 children

Now, 4 men + 12 women + 20 children

= 4 men + 6 men + 8 men = 18 men

Time to do remaining work for 1 man

= × − ×( )6 12 18 2

= 36 days

∴ Required number of men to finish thework in 1 day = 36

75. (b) Excluding ground floor there are 7floors. A person can leave the cabin at anyof the 7 floors. Therefore, the total number ofways in which each of the 5 persons canleave the cabin at any of the 7 floor = 7 5

∴ Exhaustive number of ways = 7 5

Five persons can leave the cabin at fivedifferent floors in 7

5P ways.

∴ The favourable number of cases = 75P

Hence, the required probabilitity

=7

557

P = 360

2410

76. (c) 12833130

1001655

7

53530 2+ × − × ≈(?)

⇒ 12833 21515 4942 2+ − ≈. (?)

⇒ 10042 5 2. (?)≈

⇒ ? ≈ ≈10000 100

∴ ? ≈105

68

Eng16%

14% 20%

24%

12%

Ben

Hn

10%

4%

Eng

20%

25% 10%

15%

10%

Ben

Hn15%

4%

Eng20%

20% 10%

20%

10%

Ben

Hn

10%

10%

Dentistry Girls = 270

Eng16%

20% 15%

20%

10%

Ben

Hn

15%

5%

Homeopath Girls = 560


Directions (Q. Nos. 1-10) Read the following passagecarefully and answer the questions given below it.Certain words/phrases are printed in bold to help you tolocate them while answering some of the questions.

In the second week of August, 1998 just a few days after theincidents of bombing the US embassies in Nairobi andDar-es-Salaam, a high-powered, brain-storming session washeld near Washington DC, to discuss various aspects ofterrorism. The meeting was attended by ten of America‘sleading experts in various fields, such as germ andchemical warfare, public health, disease control and also bythe doctors and the law-enforcing officers. Being asked todescribe the horror of possible bio-attack, one of the expertsnarrated the following gloomy scenario.

A culprit in a crowded business centre or in a busyshopping mall town empties a test tube containing somefluid, which in turn creates an unseen cloud of germ of adreaded disease like anthrax capable of inflicting a horribledeath within 5 days on anyone who inhales it. At first 500, orso victims feel that they have mild influenza which mayrecede after a day or two. Then the symptoms return againand their lungs start filling with fluid. They rush to localhospitals for treatment, but the panic-stricken people mayfind that the medicare services run quickly out of drugs dueto excessive demand. But no one would be able to realisethat a terrorist attack has occurred. One cannot deny thepossibility that the germ involved would be of contagiousvariety capable of causing an epidemic. The meeting

concluded that such attacks, apart from causing immediatehuman tragedy, would have dire long-term effects on thepolitical and social fabric of a country by way of endingpeople's trust on competence of the government.

The experts also said that the bombs used in Kenya andTanzania were of the old-fashion variety and involvedquantities of high explosives, but new terrorism will prove tobe more deadly and probably more elusive than hijacking anaeroplane or a gelignite cf previous decades. According toBruce Hoffman, an American specialist on politicalviolence, old terrorism generally had a specific manifesto tooverthrow a colonial power or the capitalist system and soon. These terrorists were not shy about planting a bomb orhijacking an aircraft and they set some limit to theirbrutality. Killing so many innocent people might turn theirnatural supporters off. Political terrorists want a lot ofpeople watching but not a lot of people dead. ‘‘Old terrorismsought to change the world while the new sort is oftenpractised by those who believe that the world has gonebeyond redemption’’, he added.

Hoffman says, ‘‘New terrorism has no long-term agenda butis ruthless in its short-term intentions. It is often just acacophonous cry of protest or an outburst of religiousintolerance or a protest against the West in general and theUSA in particular. Its perpetrators may be religious fanaticsor diehard opponent of a government and see no reason toshow restraint. They are simply intent on infliciting themaximum amount of pain on the victim.’’

71

IBPS Clerk

Institute of Banking Personnel Selection

MOCK PAPER-2ONLINE EXAM DECEMBER 2/3 & 9/10 2017

Pre (Phase I) Online Exam 2017

l This paper consists of 100 Multiple Choice Questions divided in 3 sections; Section I (English Language) having 30questions and Section II (Numerical Ability) & Section III (Reasoning Ability) having 35 questions each.

l Each question carries 1 mark and 1/4 mark will be deducted for each incorrect answer.l Time limit for this test is 60 min.

Time 60 Min. Max. Marks 100

Part Subject Number of Questions

I English Language 30

II Numerical Ability 35

III Reasoning Ability 35

Part I English Language



1. In the context of the passge, the culprit’s act ofemptying a test tube containing some fluid can beclassified asa. a terrorist attackb. an epidemic of a dreaded diseasec. an natural calamityd. panic created by an imaginary evente. None of the above

2. In what way would the new terrorism bedifferent from that of the earlier years?

A. More dangerous and less bafflingB. More hazardous for victimsC. Less complicated for terrorists

a. A and C b. B and Cc. A and B d. All of thesee. None of these

3. What was the immediate provocation for themeeting held in August 1998?a. Two US embassies were attackedb. The horrors of possible bio-attacksc. A culprit’s heinous act of spreading germsd. People’s lack of trust in the governmente. None of the above

4. What could be the probable consequences ofbio-attacks, as mentioned in the passage?

A. Uncountable deathsB. Economic turmoilC. Social discrimination

a. Only A b. Only Bc. Only C d. A and Be. All of these

5. The author’s purpose of writing the abovepassage seems to explaina. the methods of containing terrorism

b. the socio-political turmoil in African countries

c. the deadly strategies adopted by modern terrorists

d. reasons for killing innocent people

e. the salient features of terrorism of yester years

6. According to the author of the passage, which ofthe following is the root cause of terrorism?a. Religious fanatismb. Socio-political changes in countriesc. The enormous population growthd. Injustice by own governmente. All of the above

7. According to Hoffman, the main objective of theold terrorism was toa. plant bombs to kill innocent peopleb. remove colonial power or capitalist systemc. make people realise the incompetence of the governmentd. change the government policiese. None of the above

Directions (Q. Nos. 8-10) Choose the word which ismost same and opposite in meaning of the wordprinted in bold as used in the passage.

8. Gloomy (Synonym)a. Discouraging b. Disgusting c. Brightd. tragic e. Versatile

9. Intolerance (Antonym)a. Forbearance b. Permissiveness c. Adaptabilityd. Acceptance e. Faithfulness

10. Inflicting (Antonym)a. Elevating b. Imposing c. Alleviatingd. Reflecting e. Protecting

Directions (Q. Nos. 11-20) Read each sentence to findout whether there is any grammatical or idiomatic error init . The error, if any, will be in one part of the sentence. Thenumber of that part is the answer. It there is no error, thenthe answer is (e). (Ignore the errors of punctuation, if any).

11. The construction work has (a)/ caused severeinconvenience (b)/ to the two dozen (c)/ families live inthis locality. (d) No error (e)

12. There are several ways (a)/ in that governments(b)/ as well as ordinary citizens (c)/ can spread literacy.(d) No error (e)

13. His speech was very (a)/ thought provoking andwell appreciated (a)/ by them who attended (c)/ theWorld Economic Forum held in Davos. (d) No error (e)

14. This State unemployment rate is (a)/ the highest inthe nation (b)/ as many manufacturing units have (c)/closed down in the last decade. (d) No error (e)

15. This machine looks (a)/good but is very (b)/badlydesigned (c)/and doesn’t work good. (d) No error (e)

16. He is well-known for both (a)/his kindness (b)/aswell as (c)/his understanding. (d) No error (e)

17. Ramu closely (a)/resembles to his father (b)/notonly in physical features (c)/but also in habits. (d) Noerror (e)

18. After he had read the two first chapters (a)/of thenovel (b)/he felt like reading (c)/the book at one sitting.(d) No error (e)

19. India is (a)/one of the leading (b)/film producingcountry (c)/in the world. (d)/No error (e)

20. Hardly had (a)/I left the house (b)/then it began(c)/to rain. (d)/No error (e)

Directions (Q.Nos. 21-30) Fill up the blanks, in thepassage below with the most appropriate word from theoptions given for each blank

The dwarf honey bee, Apis florea, is the smallest of thehoneybees. Its small nest (21) 1 to 8 m above the ground,anchored to a slender branch of a tree or shrub. Sometimesit nests (22) caves, the honeycomb being suspended (23) theroof. Compared to the honeycombs of the bigger species, thedwart’s yields very (24) honey, barely a few hundred grams,but even this small amount (25) plunderers, both human andanimal, (26) driven away either through deception or attack.Deceptions involves clinging to each other and forming athick blanker of bees to (27) cover the nest. If an intruderapproaches, the tiny bees raise (28) abdomens and shakethem from side to side, in unison and produce a hissingsound. This is enough to confuse and frighten (29) manyanimals. If the intrusion persists the bees leave the nest andattack.

72


The blanket of bees is made up of almost three-quarters ofthe worker bee population and besides its defensive naturealso serves to regulate the internal temperature of the nest.

Dwarf bees are found in Oman, Iran, Pakistan, India, SriLanka and some (30) of South-East Asia.

21. a. hangs b. depends c. looks

d. benefits e. attracts

22. a. with b. in c. to

d. into e. after

23. a. with b. to c. into

d. after e. from

24. a. big b. small c. little

d. gignatic e. large

25. a. depends b. look c. goes

d. attracts e. behind

26. a. is b. has c. had

d. are e. had been

27. a. completely b. generally c. independently

d. together with e. accordingly

28. a. its b. their c. his

d. her e. them

29. a. up b. down c. to

d. into e. away

30. a. lands b. countries c. grounds

d. places e. locations

Directions (Q. Nos. 31-40) What should come in placeof the question mark in the following questions?

31. [( ) ] ?84 28 12 24 72 ÷ × ÷ = ×a. 18 b. 17 c. 19 d. 21 e. 20

32. 5776 289 32 122 2× − = +( ) (?)

a. 169 b. 64 c. 16 d. 291 e. 23

33. 14 8 12 3 8 6. . . ?× × =a. 1555.454 b. 1535.445 c. 1545.545d. 1565.544 e. None of these

34. 45% of 720 30= %of ?a. 960 b. 1080 c. 1240d. 8205 e. None of these

35. ? % of 4 10 24? .=a. 4 b. 5 c. 3d. 2.2 e. None of these

36. 20.3% of 530 + 16.8 % of 225 = ?

a. 123.27 b. 145.39 c. 165.49d. 186.57 e. None of these

37. ( ) ( ) ?35 125 25 1252 3 2÷ + ÷ =a. 200 b. 250 c. 150d. 100 e. None of these

38. ( ) (?) ( )12 7 2742 2 2+ + =a. 81 b. 28 c. 11d. 9 e. None of these

39. (?) ( ) ( )2 2 212 48 81× ÷ =a. 26 b. 36 c. 9d. 15 e. None of these

40. ? %of 450 + 46% of 285 = 257 1.

a. 34 b. 36 c. 21d. 28 e. None of these

41. The simple interest (per annum) accrued on anamount of ` 17000 at the end of four years is` 6800. What would be the compound interest(compounded annually) accrued on the sameamount at the same rate after two years?a. Cannot be determinedb. Other than those given as optionsc. ` 3570 d. ` 3260 e. ` 3980

42. 3

7th of a number is equal to 45% of another

number. What is the respective ratio between the firstand the second numbers?a. 21 : 20 b. 20 : 21 c. 40 : 42d. 45 : 40 e. None of these

43. Ram covered the distance from A to B at twodifferent speeds. He covered the first half of thedistance at 37.5 km/h and the remaining distance at62.5 km/h. He took 11 hours for the entire journey.Find AB approximately.a. 516 km b. 525 km 3. 360 kmd. 375 km e. 456 km

44. In a pot, the ratio of milk and water in a mixtureof 120 L is 11 : 4. If 45 L of mixture are drawn off and5L water is added then what is the percentage ofwater in new mixture?a. 35% b. 31.25% c. 25%d. 20% e. 15%

45. The profit percentage earned after selling a bookfor ` 558 is double to the profit incurred after sellingthe same book for ` 504. If marked price of the book is30% more than the cost price, then what is the markprice of the book?a. ` 585 b. ` 595 c. ` 624d. ` 590 e. ` 546

Directions (Q.Nos. 46-50) What will come in place ofquestion mark in the following number series?

46. 12, 16, 32, 68, ?a. 66 b. 132 c. 136 d. 138 e. 140

47. 5, 6, 10, 19, ?a. 28 b. 37 c. 36d. 35 e. None of these



73

Part II Numerical Ability


50. 738, 765, 819, 900, 1008, 1143, ?a. 1445 b. 1565 c. 1305d. 1275 e. None of these

51. When a number is multiplied by 6, then theproduct is as more than from 168 as the number itselfis less than from 168. What is the 15% of the originalnumber?a. 8.4 b. 7.8 c. 6.6 d. 8.8 e. 7.2

52. Amitesh spent 45% of his monthly stipend onfood and transport, 20% of the remaining on booksand half of the remaining on other expenses. If he isleft with ` 880 now, how much is his monthly stipend?a. ` 6000 b. ` 4500 c. ` 3000d. ` 3600 e. None of these

53. Dharma invests a certain sum of ` P in Scheme A

for 3 years at a rate of 12% per annum simple interest.He also invests ` ( )P + 400 in Scheme B for 2 years atthe rate of 10% per annum compounded annually. Ifthe total amount received from Scheme A is less thanthe total amount received from Scheme B by ` 304,then what is the value of P?a. ` 1400 b. ` 1000 c. ` 1500 d. ` 900 e. ` 1200

54. A and B can separately do a piece of work in 20and 15 days respectively. They worked together for 6days, after which B was replaced by C. If the workwas finished in next 4 days, then the number of daysin which C alone could do the work will bea. 60 b. 40 c. 35 d. 30 e. 42

55. Krishna gives 20% of his monthly salary to hismother and 50% amount of the remaining salaryinvests in the Insurance policy and Provident Fund inthe ratio of 5 : 3 respectively. He deposits theremaining amount in the bank. If the sum of theamounts gave to his mother and invested inProvident Fund is equal to ` 12600, then what is themonthly salary of Krishna?a. ` 36000 b. ` 64000 c. ` 42000d. ` 40000 e. ` 35000

56. The ratio of the ages of A and B is 4 : 3respectively. The ratio of their ages eight years fromnow will be 6 : 5 respectively. How old was A, whenB was 7 years old?a. 16 yr b. 11 yr c. 9 yrd. 12 yr e. None of these

57. A and B started a business with investment of` 42000 and ` 63000 respectively. After 4 months B

withdraws from the business. At the end of a year theygot ` 9600 as total profit. Find the share of B.a. ` 5600 b. ` 2800 c. ` 3200 d. ` 6400 e. ` 5948

58. The average age of 100 employees working in aoffice is 29 years. The number of female employees is2

5of the total number of employees and the ratio of

average age of male and female is 5 : 7 respectively.What is the average age of female employees?a. 18 yr b. 35 yr c. 25 yrd. 30 yr e. None of these

Directions (Q.Nos. 59-63) Study the following graphcarefully and answer the questions that follow.

Number of Users of Two BroadbandServices A and B Across 5 Cities P, Q, R, S and T

59. What is the total number of users of Brand Bacross all five cities together?a. 2700 b. 3000 c. 3100 d. 2900 e. 3200

60. The number of users of Brand A in City T iswhat percent of the number of users of Brand B inCity Q?a. 150% b. 110% c. 140% d. 160% e. 120%

61. What is the difference between the averagenumber of users of Brand A and B across all five citiestogether?a. 25 b. 10 c. 20 d. 30 e. 15

62. What is the difference between the total numberof users of Brand A and B together in City R and thetotal number of users of Brand A and B together inCity P?a. 170 b. 140 c. 130 d. 150 e. 160

63. What is the respective ratio of the number ofusers of Brand A in City P to the number of users ofBrand B in City S?a. 5 : 7 b. 4 : 7 c. 2 : 5 d. 3 : 4 e. 5 : 6

64. Once word is taken from the words formed byusing all the letters of A, F, O, U, S and M. What is theprobability that the word is FAMOUS?a. 1/24 b. 1/720 c. 1/60 d. 1/40 e. 1/50

65. If the fractions4

5,

6

7,

2

9,

9

11and

3

8are arranged in

descending order of their values, which one will bethe fourth?

a.9

11b.

4

5c.

3

8

d.6

7e. None of these

74

800

700

600

500

400P Q R S T

A

B

City

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Directions (Q.Nos. 66-70) In these questions,relationship between elements is shown in thestatements. The statements are followed by conclusions.Study the conclusions based on the given statementsand select the appropriate answer.

Give answer

a. if neither conclusion I nor II is trueb. if both conclusions I and II are truec. if only conclusion I is trued. if only conclusion II is truee. if either conclusion I or II is true

66. Statements D ≥ E > P > L < H, R < N < L

Conclusions I. N > D II. H > R

67. Statements S = H ≤ J ≤ K = L, H > N < B, D ≥ L

Conclusions I. N < L II. K = B

68. Statements S = H ≤ J ≤ K = L, H > N < B, D ≥ L

Conclusions I. S = D II. D > S

69. Statements B ≥ Z < X ≤ Q, B ≥ Y = L

Conclusions I. L = Q II. L > Q

70. Statements P ≥ Q < R = M, R ≥ F

Conclusions I. M ≥ F II. F > P

Directions (Q.Nos. 71-75) These questions are based onfive words given below

THE MOD CPU RAM SHE

(Note The words formed after performing the givenoperations may or may not be a meaningful English word.)

71. If the second alphabet in each of the word ischanged to the previous alphabet in Englishalphabetical order, how many words thus formedhave more than one vowel?a. None b. One c. Twod. Three e. None of these

72. If in each of the words, all the alphabets arearranged in English alphabetical order within theword, how many words will begin with a consonants?a. One b. Two c. Threed. Four e. None of these

73. How many letters are there in the Englishalphabetical series between the third letter of thesecond word form the left and second letter of thesecond word from the right?a. One b. Two c. Threed. Four e. None of these

74. If the given words are arranged in the order asthey would appear in the English dictionary fromright to left, which of the following will be the fourthfrom the left?a. RAM b. SHE c. CPU d. MOD e. THE

75. If in each of the given words, each of theconsonants is changed to the previous letter and eachvowel is changed to the next letter in Englishalphabetical series, in how many words thus formedwill there be at least one vowel?a. One b. Two c. Three d. Four e. Five

Directions (Q. Nos. 76-80) These questions are basedon the following arrangement. Study it carefully andanswer the questions.T ★ Q L 3 % A 5 7 J H I 4 @ W E K 1 U 8 B ∆ N 2 9 #6 F

76. What will come in place of the question mark inthe following series based on the above arrangement?

TQ3, A7H, 4WK, ?a. 18∆ b. UB ∆ c. UBNd. 18N e. None of these

77. How many such symbols are there in the abovearrangement, each of which is immediately precededby a number and also immediately followed by aconsonant?a. None b. One c. Twod. Three e. More than three

78. If all the symbols are removed from the abovearrangement which element will be seventh from theleft end ?a. 5 b. J c. Ad. H e. None of these

79. Which element is third to the right of eleventhelement from the right end?a. B b. ∆ c. 8d. 2 e. None of these

80. Four of the following five are alike in a certainway based on their positions in the abovearrangement and so form a group. Which is the onethat does not belong to the group?a. QL% b. 57H c. I4W d. 18B e. N2#

81. If in the word EQUALITY, the positions of firstand the fifth letters are interchanged, similarly thepositions of the second and the sixth letters areinterchanged and so on, which letter will be thirdfrom the right end?a. Q b. U c. Id. T e. None of these

82. In a row of boys, Rajan is 10th from the right andSuraj is 10th from the left. When Rajan and Surajinterchange their positions, Suraj will be 27th fromthe left. Which of the following will be Rajan’spositions from the right?a. 10th b. 26th c. 29thd. 25th e. None of these

Directions (Q. Nos. 83-84) Study the followinginformation and answer the given questions.

P is the mother of I. But I is not her daughter. F is the son ofI. L is the spouse of P. M is the sister of I. O is the daughterof M. N is the spouse of M. K is the mother of N.

83. Who is the grandfather of O?a. K b. L c. I d. F e. N

84. Who is the daughter of L?a. L b. I c. Nd. M e. O

75

Part III Reasoning Ability


85. One day, Ravi left home and cycled 10 kmSouthwards, turned right and cycled 5 km andturned right and cycled 10 km and turned left andcycled 10 km. How many kilometers will he have tocycle in a straight line to reach his home?a. 10 b. 15 c. 20d. 25 e. None of these

Directions (Q. Nos. 86-90) In these questions a group ofdigits is given followed by four combinations of lettersand symbols numbered (a), (b), (c) and (d).

Digits are to be coded as per the scheme and conditionsgiven below. You have to find out which of the fourcombinations correctly represents the group of digits. Serialnumber of that combination is your answer. If none of thecombinations is correct, your answer is (e) i.e., ‘None ofthese’.

Digit 5 1 2 8 6 3 9 0 4 7

Letter/Symbol Code H $ T A U % # F R @

Conditions

(i) If first digit is odd and the last digit is even, their codesare to be interchanged.

(ii) If the first as well as the last digit is even, both are to be

codes as ★.

(iii) If the first digit is even and the last digit is odd, both are

to be coded as the code for last digit.

86. 471436a. ★@$R%★ b. R@$H%U c. U@$H%Ud. R@$H%R e. None of these

87. 697845a. U#@ARU b. U#@ARH c. H#@ARHd. H#@ARU e. None of these

88. 590247a. @#FTRH b. H#FTR@ c. H#FTRHd. @#FTR@ e. None of these

89. 348096a. %RAF#U b. %RAF#% c. URAF#Ud. ★RAF#★ e. None of these

90. 374862a. %@RAUT b. %@RAU% c. ★@RAU★d. T@RAU% e. None of these

Directions (Q. Nos. 91-95) Study the followinginformation carefully to answer these questions.

A, B, C, D, E, F, G and H are sitting around a circle facingthe centre. F is third to the right of C and second to the leftof H. D is not an immediate neighbour of C or H. E is to theimmediate right of A, who is second to the right of G.

91. Who is second to the left of C?a. A b. B c. Ed. D e. None of these

92. Who is to the immediate right of C?a. A b. B c. Dd. B or D e. None of these

93. Which of the following pairs of persons has firstsitting to the right of the second person?a. C, B b. A, E c. F, Gd. H, A e. D, B

94. Who sits between G and D?a. H b. D c. Fd. E e. None of these

95. Which of the following is the correct position of Bwith respect to H?

A. Second to the right B. Fourth to the rightC. Fourth to the left D. Second to the left

a. Only A b. Only B c. Only Cd. Both B and C e. None of these

Directions (Q. Nos. 96-100) Study the followinginformation carefully and answer the questions givenbelow.

Eight people are sitting in two parallel rows containing fourpeople each, in such a way that there is an equal distancebetween adjacent persons. In row 1-A, B, C and D are seatedand all of them are facing South. In row 2-P, Q, R and S areseated and all of them are facing North. Therefore in thegiven seating arrangement each member seated in a rowfaces another member of the other row. R sits second to theleft of person who faces A. S is an immediate neighbour ofR. Only one person sits between A and D. One of theimmediate neighbours of C faces Q. B does not sit at any ofthe extreme end of the line.

96. Who amongst the following sits second to the leftof person who faces C?a. P b. Q c. Rd. S e. Cannot be determined

97. Four of the following five are alike in certain wayand thus formed a group. Which is the one that doesnot belong to that group?a. C b. R c. Q d. P e. D

98. Which of the following is true regarding C?a. C sits second to the right of D.b. A sits to the immediate right of C.c. S faces C.d. D is an immediate neighbour of C.e. The person who faces C is an immediate neighbour of R.

99. Who amongst the following faces D?a. P b. Q c. Rd. S e. Cannot be determined

100. Who amongst the following faces S?a. A b. B c. Cd. D e. Cannot be determined

76

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1. (a) 2. (b) 3. (e) 4. (a) 5. (c)

6. (a)

7. (b) The third paragraph states that the oldterrorism had specific manifesto tooverthrow a colonial power and the capitalistsystem. Hence, option (b) is the correctanswer.

8. (c) ‘Gloomy’ means ‘somethingdisappointing’ whereas ‘bright’ means‘something hopeful’ so option (c) is thecorrect answer.

9. (a)

10. (e) ‘Inflicting’ means ‘to give pain’ while‘protecting’ means ‘to save’ so option (e) isthe correct answer.

11. (d) Add ‘that’ before ‘live’. Here, arelative Pronoun is required.

12. (b) Use ‘by which the government’ inplace of ‘in that government’.

13. (b) Add ‘was’ before ‘well’. Here, ahelping Verb is required and the sentence isin Past Tense.

14. (a) Say ‘This states unemployment rate’.Possessive case is required.

15. (d) Change ‘good’ to ‘well’ because herean Adverb is to be used.

16. (c) Change ‘as well as’ to ‘and’ as ‘both’is followed by ‘and’.

17. (b) Drop ‘to’ after ‘resembles’.

18. (a) Use ‘the first two chapters’ in place of‘the two first chapters’ because the properstructure is ‘the + ordinal + cordinal + Noun’

19. (c) Change ‘country’ to ‘countries’ as

one of, some of, none of etc. are followed byplural countable Noun.

20. (c) Replace ‘then’ with ‘when’ assentence with ‘hardly or scarcely’ is joinedby Conjucntion ‘when’

21. (a) 22. (b) 23. (e) 24. (c) 25. (d)

26. (d) 27. (a) 28. (b) 29. (e) 30. (b)

31. (a) 7 84 28 12 242× = ÷ × ÷? [( ) ]

⇒ 784 84

2812

1

24× = × ×

×?

⇒ ? = × ×

×12 84

2812

1

24

∴ ? = 18

32. (c) 5776 289 32 122 2× − = +( ) (?)

⇒ 76 17 1024 122× − = +(?)

⇒ 268 12 2− = (?) ⇒ ? = 16

33. (d) ? . . .= × ×14 8 12 3 8 6 = 1565.544

34. (b) 45% of 720 30= % of x

⇒ 324 30= % of x

⇒ x × =30

100324

∴ x = ×324 100

30= 1080

35. (a) ? % of 4 1024? .=

⇒ 4100

1024? ?.× =

⇒ 4 1024? ?× =

⇒ 4 4 44? ? ( )× = ×

From comparing

∴ ? = 4

36. (b) 20.3% of 530 + 16.8% of 225

= × + ×53020 3

100225

16 8

100

. .

= +107 59 37 8. . = 145 39.

37. (b) ? ( ) ( )= ÷ + ÷35 125 25 1252 3 2

⇒ ? = ÷ + ÷1225 5 625 125

∴ ? = + =245 5 250

38. (d) ( ) (?) ( )12 7 2742 2 2+ + =

(?) ( ) ( )2 2 2274 12 7= − −

= − − =274 144 49 81

∴ ? = 9

39. (b) (?)212 12

48 4881× ×

×=

⇒ (?)2 81 4 4= × ×

⇒ (?) ( ) ( )2 2 29 4= ×

⇒ ? ( ) ( )= × = ×9 4 9 42 2

∴ ? = 36

40. (d) ? % of 450 46+ % of 285 257 1= .

⇒ 450

100

285 46

100

× + ×? = 257 1.

⇒ 450 13110 25710× + =?

⇒ 450 25710 13110× = −?

∴ ? = =12600

45028

41. (c) Given, P = ` 17000,T = 4, Sl = ` 6800

Sl = × ×P R T

100

⇒ RP T

= ××

SI 100 = ××

=6800 100

17000 410%

∴ Cl = +

−PR

Pt

1100

= +

−17000 110

10017000

2

=

−1700011

1017000

2

= − =20570 17000 3570`

42. (a) Suppose first number = x and

second number = y

Then,3

7of x = 45% of y

⇒ 3

7

45

100× = ×x y

⇒ 3

7

9

20× = ×x y

⇒ x

y= ×

×7 9

20 3

⇒ x

y= =21

2021 20:

43. (a) Let AB x= km

∴ x x

75 12511+ = ⇒ 5 3

37511

x x+ =

⇒ 8 11 375x = × ∴ x = 516 km

44. (b) Remaining mixture = − =120 45 75 L

Quantity of water in the remaining mixture

= × =754

1520 L

Q5 L extra water is added.

∴ Required percentage = ×25

80100

= 31 25. %

45. (a) Let cost price of the book be ` x.


( )558 − x = 2 504× −( )x

⇒ x = −1008 558

∴ x = 450

∴ Marked Price = 450 + 450 × 30

100= 585

46. (b)

∴ ? = 132

47. (d)

∴ ? = 35

48. (a) The pattern of the series is

8 1 1 9× + =9 2 2 20× + =

20 3 3 63× + =

63 4 4 256× + =∴ ? = 256

49. (e)

∴ ? = 25

50. (c)

∴ ? = 1305

51. (e) Let number = x


6 168 168x x− = −7 168 168x = +

∴ x = =336

748

∴ Required number = × =4815

1007.2

52. (e) Suppose Amitesh’s monthly stipend

= ` x

Monthly spend on food and transport

x × =45

100`

45

100

x

Remaining amount = −xx45

100= `

55

100

x

77

+22 +42 +62 +82

12 16 32 68 132

+(1)2 +(2)2 +(3)2 +(4)2

5 6 10 19 35

+2 +3 +4 +5

11 13 16 20 25

Hints Solutions&

+27 +54 +81 +108

738 765 819 900 13051008 1143

+135 +162


Monthly spend on books = ×55

100

20

100

x

= `11

100

x

Remaining amount = − +

xx x45

100

11

100

= − =xx56

100`

44

100

x

Monthly spend on other expenses

= ×44

100

1

2

x = `22

100

x

Then, according to the question,

xx x x− + +

45

100

11

100

22

100= 880

22

100880

x =

⇒ x = ×100 880

22⇒ x = ` 4000

53. (e) Simple interest = × × =P P3 12

100

36

100

∴ Amount = + =PP P36

100

136

100`

Again, A P= + +

( )400 110

100

2

= +

( )P 40011

10

2

= +

( )P 400121

100

= +

`121

100484

P

According to the question,121

100484

136

100304

P P+ − =

⇒ 48415

100304− =P

⇒ 15

100180

P = ⇒ P = ` 1200

54. (b) ( )A B+ 's 6 days work

= +

=61

20

1

15

7

10

Remaining work = − =17

10

3

10

( )A C+ ’s 4 days work = 3

10

( )A C+ 's 1 day work = 3

40

A s' 1 day work = 1

20

∴ C s' 1 day work = − =3

40

1

20

1

40

∴ C alone can do the work in 40 days.

55. (a) Let salary of Krishna = ` x

∴ Amount gave to his mother = `x

5

Remaining amount = − =xx

x5

4

5`

QAmount invested in Insurence and

Provident Fund =×

=4

5 2

2

5

x x`

∴ Amount invested in Provident Fund

= × =3

8

2

5

3

20

x x`

According to question,

x x

5

3

2012600+ =

⇒ 4 3

20

x x+ = 12600

∴ x = ` 36000

56. (b) Let the ages of A and B are 4x yearsand 3x years, respectively.


4 8

3 8

6

5

x

x

++

=

⇒ 20 40 18 48x x+ = +⇒ 2 8x =

⇒ x = =8

24

∴ Ages of A and B are 4 4 16× = years and3 4 12× = years, respectively.

5 years ( )12 7 5− = ago, age of B was 7years.

At that time the age of A = − =16 5 11yr.

57. (c) Ratio of capitals of A and B

= × ×( ):( )42000 12 63000 4 = 2 1:

B s' share = `1

39600×

= ` 3200.

58. (b) Female employee = × =1002

540

and Male employee = 60


40 7 60 5 29 100× + × = ×x x

⇒ 14 15 29 5x x+ = ×⇒ 29 29 5x = ×∴ x = 5

∴ Average age of female employees

= 7 x = × =7 5 35 yr

59. (b) Total number of users of Brand B

= + + + +600 500 650 700 550 = 3000

60. (c) Number of users of Brand A in City T

= 700

Number of users of Brand B in City Q = 500

∴ Required percentage = ×700

500100

= 140%

61. (c)∴ Required difference

= + + + +500 550 600 550 700

5

~600 500 650 700 550

5

+ + + +

= 2900

5

3000

5~ = 580 600~ = 20

62. (d) Number of users of Brand B and Atogether in City R

= + =600 650 1250

Number of users of Brand B and A togetherin City P

= + =500 600 1100

∴ Required difference

= −1250 1100 = 150

63. (a) Number of users of Brand A in City

P = 500

Number of users of Brand B in City

S = 700

∴ Required ratio = 500

700= 5

7= 5 7:

64. (b) The number of words formed with theletter A.

F, O, U, S and M is 6! = 720

There is only one favourable case

∴ The required probability =1

720

65. (c)4

5

36

45

6

7

36

42

2

9= =, ,

= =36

162

9

11

36

44,

and3

8

36

96=

In descending order,

36

42,

36

44,

36

45,

36

96,

36

162

⇒ 6

7,

9

11,

4

5,

3

8,2

9

66. (d) Statements D ≥ E > P > L < H;R < N < L

Therefore, D ≥ E > P > L > Nand R < N < L < H

Conclusions I. N > D (ü) II. H > R (Î)

So, only conclusion II is true.

67. (c) Statements S = H ≤ J ≤ K = L;H > N < B; D ≥ L

Therefore, N < H ≤ J ≤ K = L

and B > N < H ≤ J ≤ K

Conclusions I. N < L (ü) II. K = B (Î)

So, only conclusion I is true.

68. (e) Statements S = H ≤ J ≤ K = L;H > N < B; D ≥ L

Therefore, S = H ≤ J ≤ K = L ≤ D

Conclusions I. S = D (May be true)

II. D > S (May be true)

So, either conclusion I or II is true.

69. (a) Statements B ≥ Z < X ≤ Q;

B ≥ Y = L

Therefore, L = Y ≤ B ≥ Z < X ≤ Q

Conclusions I. L = Q (Î) II. L > Q (Î)

So, neither conclusion I nor II is true

70. (c) Statements P Q R M,≥ < = R F≥⇒ P Q R M F≥ < = ≥Conclusions I. M F≥ (ü) II. F P> (Î)

Hence, onl y conclusion I is true.

71. (b) According to the question, after

changing the letters of the words, we get

TGE MND COU RZM SGE

Hence, there is only one word COU whichhave more than one vowel.

72. (b) According to the question, afterrearranging the letters, we get

EHT DMO CPU AMR EHS

Hence, only two words will begin with aconstant.

73. (b) Third letter of the second word fromleft is D. Second letter of the second wordfrom right is A. There are two letters betweenA and D.

A B C D

78


Directions (Q.Nos. 1-3) Study the given information carefully to answer thegiven questions.

Six books A, B, C, D, E and F each of different thickness, are kept on a table. Cis thicker than A, but thinner than E. A is thicker than both B and D. E is notthe thickest. The third thinnest book is 9 cm thick and the thickest book is 16cm thick.

(Note the thickness of all the books are in whole numbers.)

1. If E is 5 cm thicker than A, then how thick is E?a. 11 cm b. 9 cm c. 12 cmd. 14 cm e. Cannot be determined

2. With respect to the thickness of the given books, if C + F = 27, thenA + C = ?

a. 20 b. Other than those given as optionsc. 23 d. 15 e. 19

3. If B is 8 cm thick, then which of the following is true about B?a. B is the third thinnest book of all. b. F is 5 cm thicker than B.c. B is thicker than D. d. All the given statements are true.e. Other than those given as options

Directions (Q.Nos. 4-6) Study the following information carefully to answerthe questions based on it.

A is the mother of B. B is the sister of C. D is the son of C. E is the brother ofD. F is the mother of E. G is the grand-daughter of A. H has only two childrenB and C.

4. How is F related to H?a. Son-in-law b. Daughter-in-law c. Father-in-lawd. Grand-daughter e. Niece

5. How is C related to E?a. Father b. Son c. Mother d. Cousin e. Grandfather

6. Who is mother of G?a. C b. B c. F d. Either B or F e. Either C or F

Directions (Q.Nos. 7-11) In the following questions, relationships betweendifferent elements is shown in the statements. The statements are followed byconclusions. Study the conclusions based on the given statements and selectthe appropriate answer.

Give answera. if only conclusion II is true b. if only conclusion I is truec. if both conclusions are true d. if either conclusion I or II is truee. if neither conclusion I nor II is true

Part I Reasoning

ONLINE

EXAM

October 6,

2017

Pre. (Phase I) Online Exam 2017

SOLVED PAPER

Institute of BankingPersonnel Selection


This question paper has 100multiple choice questions, whichare divided into three parts.

Before the completion of timelimit, the candidates are notpermitted to submit theiranswers.

To navigate between questions,the candidates can clickon thequestion number displayed tothe right of the screen.

Reasoning Ability

35II

Subject No. of QuestionsPart

35I

Quantitative Aptitude

30III English Language

* Based on Memory


PA

PE

R

7. Statements F ≤ U ≥ R; N ≤ U ≤ L

Conclusions I. L ≥ R II. N ≥ F

8. Statements Q ≤ U = E ≥ N; R > A ≥ E; T ≤ O ≤ N

Conclusions I. T ≤ E II. R > N

9. Statements R < A ≥ C ≥ E; A ≥ N ≥ T; C ≤ I ≤ L

Conclusions I. A ≤ L II. I ≥ E

10. Statements Q ≤ U = E ≥ N; R > A ≥ E; T ≤ O ≤ N

Conclusions I. Q = A II. A > Q

11. Statements R < A ≥ C ≥ E; A ≥ N ≥ T; C ≤ I ≤ L

Conclusions I. N > R II. T ≤ E

Directions (Q. Nos. 12-17) Study the given informationcarefully to answer the given questions.

Seven athletes M, N, O, P, Q, R and S live on sevendifferent floors of a building but not necessarily in thesame order. The lowermost floor of the building isnumbered 1, the one above that is numbered 2 and soon till the topmost floor is numbered 7. Each one ofthem runs for a different distance in marathon – 850 m,1300 m, 2200 m, 2800 m, 3300 m, 4000 m, and 4700 m,but not necessarily in the same order. The one who runsfor 2200 m lives on floor numbered 3. Only one personlives between O and the one who runs for 2200 m. Theone who runs for 4000 m lives immediately above O.Only one person lives between the one who runs for4000 m and the one who runs for 1300 m. The numberof people living between O and the one who runs for1300 m is same as that between the one who runs for4000 m and R. N lives on an odd numbered floor. N ranfor 2000 m more than the one who lives on floor number4. Only two people live between Q and the one who runsfor 3300 m. The one who runs for 2800 m lives on one ofthe floors below Q but not on the floor number 2, onlytwo people live between M and S. The one who runs for850 m lives immediately below M.

12. How many people live between S and N?a. Three b. One c. Five d. Four e. Two

13. Who amongst the following live(s) between Pand the one who runs for 1300 m?a. Both Q and R

b. Only S

c. Both R and the one who runs for 850 m

d. Only the one who runs for 4000 m

e. Both R and the one who runs for 2200 m

14. As per the given arrangement, four of thefollowing five are alike in a certain way and so forma group. Which one of the following does not belongto the group?a. Q-3300 m b. O-1300 m c. Floor number 4-Sd. Floor number 2-R e. Floor number 7 - 1300 m

15. Which of the following statements is true withrespect to the given arrangement?a. Only two people live between P and O.

b. Q runs for 4000 m.

c. N lives on floor number 7.

d. The one who runs for 850 m lives immediately above P.

e. None of the above

16. If the total distance covered by B and M is 5300m, then how much did B run alone?a. 2000 m b. 4000 m c. 3100 md. 1300 m e. 600 m

17. Who amongst the following runs for 2200 m?a. P b. N c. Q d. R e. S

Directions (Q. Nos. 18-22) Study the followinginformation to answer the given questions.

Eight friends G, H, I, J, K, L, M and N are seated in astraight line with equal distance between each other,but not necessarily in the same order. Some of them arefacing North while some are facing South.

K is an immediate neighbour of the person sitting at anextreme end of the line. Only three people sit between Kand M. J sits second to the right of M. J does not sit atan extreme end of the line. N sits to the immediate leftof G. N is not an immediate neighbour of M. Immediateneighbours of G face opposite directions (i.e., if oneneighbour faces North then the other faces South and

vice-versa.) Person sitting at the extreme ends faceopposite directions (i.e., if one person faces North then

the other faces South and vice-versa.) H sits second tothe left of L. L faces North. L is not an immediateneighbour of K. Immediate neighbours of L face thesame direction (i.e., if one neighbour faces North then

the other also faces North and vice-versa). Both K and Hface a direction opposite to that of J (i.e., if J faces North

then K and H faces South and vice-versa.)

18. As per the given arrangement, which of thefollowing statements is true with respect to I?a. I sits at an extreme end of the line.b. K is an immediate neighbour of I.c. Only four person sit between I and M.d. I faces a direction to that of J.e. All the given statements are true.

19. Which of the following pairs represents theimmediate neighbours of J?a. L, I b. K, L c. L, H d. I, K e. H, K

20. What is the position of K with respect to L?a. Immediate right b. Second to the right c. Third to the leftd. Third to the right e. Immediate left

21. Four of the given five are alike in a certain waybased on the given arrangement and hence form agroup. Which of them does not belong to thatgroup?a. JM b. HL c. HId. KL e. MG

22. How many persons sit to the left of G?a. One b. Two c. More than threed. None e. Three

Directions (Q. Nos. 23-27) Study the followinginformation carefully and answer the given questions.

Eight different people Viz K, L, M, N, V, W, X and Y aresitting around a circular table facing the centre but notnecessarily in the same order. Each one of them likes a

different brand of clothes Viz. Nautica, Chemistry, Zara,Mango, Puma, Adidas, Zodiac and Park Avenue, but notnecessarily in the same order.

103


PA

PE

R

Only three people sit between X and the one who likesZodiac. V sits second to the right of X. The one who likeNautica sits third to the left of Y. Y does not like Zodiac.The one who likes Zodiac is not an immediateneighbour of Y. Only three people sit between Y and theone who likes Chemistry. W does not like Chemistry. Theone who likes Puma sits to the immediate left of K. K isnot an immediate neighbour of V. Only two people sitbetween the ones who like Puma and Zara. M is one ofthe immediate neighbours of the one who likes Zara.The one who likes Park Avenue sits to the immediateright of L. Only three people sit between L and the onewho likes Adidas.

23. Four of the following five are alike in a certainway based on the given arrangement and thus forma group. Which is the one that does not belong tothat group?a. M-Nautica b. X-Adidas c. V-Zodiacd. Y-Puma e. N-Park Avenue

24. Who amongst the following likes Mango?a. W b. K c. V d. Y e. N

25. Which of the following represents the brandwhich W likes?a. Adidas b. Puma c. Park Avenued. Zara e. Nautica

26. Who amnogst the following sits second to theleft of the one likes Zodiac?a. W b. The one who likes Adidasc. Y d. Me. X

27. Who amongst the following sit exactly betweenthe ones who like Puma and Zara when countedfrom the right of the one who likes Zara?a. The one who likes Adidas and Mangob. N and the one who likes Park Avenuec. X and Yd. K and We. V and the one who like Chemistry

Directions (Q. Nos. 28-32) In each questions below,three/two statements followed by two conclusionsnumbered I and II have been given. You have to take thegiven statements to be true even if they seem to be atvariance from commonly known facts and then decidewhich of the given conclusions logically follows fromthe given statements disregarding commonly knownfacts.

Give answera. if either conclusion I or II follows

b. if both conclusions followc. if neither conclusion I nor II followsd. if only conclusion II followse. if only conclusion I follows

28. Statements All packets are envelopes. Noenvelop is a gift. Some gifts are boxes.

Conclusions I. All envelopes are packets.II. All boxes can never be envelopes.

29. Statements All diaries are novels. All novels arebiographies. Some biographies are scripts.

Conclusions I. At least some diaries are scripts.II. No diary is a script.

30. Statements Some days are months. Somemonths are weeks.

Conclusions I. Some weeks are days.II. No week is a day.

31. Statements All packets are envelopes. Noenvelop is a gift. Some gifts are boxes.

Conclusions I. All packets being boxes is possibility.II. No packet is a gift.

32. Statements All diaries are novels. All novels arebiographies. Some biographies are scripts.

Conclusions I. All diaries are biographies.II. Some scripts are definitely not novels.

Directions (Q. Nos. 33-35) Study the given informationcarefully to answer the given questions.

Point E is 16 m to the South of Point C. Point F is 4 m tothe West of Point E. Point H is 5 cm to the South ofPoint F. Point J is 12 m to the East of Point H. Point Y isto the East of Point F. A person walks 15 m from Point Ytowards West, reaches Point Z, takes a left turn andreaches Point J.

33. What is the difference of the distance beweenthe Point Z, J and Points Y, F?a. 26 m b. 22 m c. 12 md. 8 m e. 10 m

34. If a person walks 20 m towards North from PointZ, takes a left turn and walks 8 m, how far will befrom Point C?a. 2 m b. 6 m c. 3 m d. 4 m e. 5 m

35. In which directions is Point Z with respect toPoint H?a. North-West b. North-East c. South-Westd. East e. South-East

Directions (Q. Nos. 36-40) What approximate valueshould come in the place of question marks in the givenquestions.

36. 90 05 281 4 151 06 3. . ?+ ÷ − =a. 27 b. 343 c. 216 d. 729 e. 285

37. 17 82 4 05 90 11 4 982

. . . . ?÷ × ÷ =a. 396 b. 336 c. 2420 d. 1458 e. 1270

38. 80 04. %of 150 16 60 02. . %+ of 50 07. ?=a. 150 b. 125 c. 210 d. 175 e. 187

39. 628 17 996 15 04× ÷ =. . ?

a. 30 b. 10 c. 5 d. 20 e. 22

40. 1

8121

1

576 25× + × − =?

a. 5 b. 45 c. 15 d. 20 e. 25

104

Part II Quantitative Aptitude


PA

PE

R

Directions (Q. Nos. 41-45) What should come in theplace of questions marks in following number series?

41. 14 8 7 11.5 22 ?a. 54 b. 64 c. 62 d. 58 e. 56

42. 8 14 25 46 82 ?a. 132 b. 130 c. 138 d. 144 e. 148

43. 13 14 30 93 ? 1885a. 358 b. 336 c. 364 d. 376 e. 396

44. 65 70 63 74 61 ?a. 78 b. 58 c. 72 d. 68 e. 74

45. 9 11 16 33 98 ?a. 350 b. 355 c. 364 d. 372 e. 380

46. Five years ago, Somi’s age at that time was 1/3rdof Amit’s age at that time. The respective ratiobetween Amit's age six years hence and Somi’s agetwelve years hence, will be 7 : 4. What was Somi’sage three years ago?a. 13 yr b. 29 yr c. 17 yr d. 25 yr e. 16 yr

47. A bag contains 24 eggs out of which 8 are rotten.The remaining eggs are not rotten eggs. The twoeggs are selected at random. What is the probabilitythat one of the eggs is rotten?a. 11/23 b. 17/23 c. 13/23 d. 19/23 e. 21/23

48. A, B and C started a business with theirinvestment in the ratio 1 : 3 : 5. After 4 months, Ainvested the same amount as before and B as well asC withdrew half of their investments. The ratio oftheir profits at the end of the year isa. 1 : 2 : 3 b. 3 : 4 : 15 c. 3 : 5 : 10d. 5 : 6 : 10 e. 5 : 3 : 7

49. The HCF and LCM of two natural numbers are12 and 72 respectively. What is the differencebetween the two numbers, if one of the numbers is24?a. 12 b. 18 c. 21 c. 24 d. 27

50. The circumference of the semi-circle is 180 cm. Ifthe side of a square is 60% more than the diameterof the circle, what is the perimeter of the square?a. 368 cm b. 464 cm c. 486 cmd. 448 cm e. 344 cm

51. Cost price of two beds are equal. One bed is soldat a profit of 30% and the other one for ` 5504 lessthan the first one. If the overall profit earned afterselling both the beds is 14%, what is the cost price ofeach bed?a. ` 17000 b. ` 16800 c. ` 17600d. ` 17800 e. ` 17200

52. In Jar A, 180 L milk was mix with 36 L water.Some of this mixture was taken out from Jar A andput it in Jar B. If after adding 6 L of water in themixture, the respective ratio between milk and waterin Jar B was 5 : 2 respectively, what was the amountof mixture that was taken out from Jar A?a. 24 L b. 54 L c. 30 Ld. 36 L e. 42 L

Directions (Q. Nos. 53-57) Refer to the graph andanswer the given questions.

Data Related to Number of Bags, Sold by Two

Store (M and N) during 5 years

53. In 2008, 30% of the bags sold by store M and 25%of the bags sold by store N were leather bags. Whatwas the total number of leather bags sold by store Mand N together in 2008?a. 163 b. 155 c. 145 d. 149 e. 158

54. What is the respective ratio between totalnumber of bags sold by stores M and N together in2009 and that in 2010?a. 12 : 17 b. 11 : 14 c. 11 : 12 d. 12 : 15 e. 15 : 17

55. If the average number of bags sold by store M in2011, 2012 and 2013 was 350, what was the numberof bags sold by the same store in 2013?a. 510 b. 540 c. 550 d. 530 e. 520

56. Number of bags sold by store N decreased bywhat percent from 2008-12?a. 18 3/4% b. 20 3/4% c. 14 1/4%d. 16 1/4% e. 15 1/4%

57. What is the difference between total number ofbags sold by stores M and N together in 2009 andthat in 2011?a. 110 b. 130 c. 100 d. 90 e. 120

58. The respective ratio betwen the monthly salaryof Om and that of Pihu is 7 : 9. Om and Pihu, bothsave 20% and 40% out of their respective monhtlysalary. Om invest 1/2 of his savings in PPF and Pihuinvests 7/9th of his savings in PPF. If Om and Pihutogether saved ` 17500 in PPF, what is Pihu’smonthly salary?a. ` 72000 b. ` 36000 c. ` 45000d. ` 40000 e. ` 55000

Directions (Q. Nos. 59-63) In these questions, twoequations numbered I and II have been given. You haveto solve both the equations and choose the correctoption.

Give answera. if x y> b. if x y≥c. if x y< d. if x y≤e. if x y= or relationship between x and y cannot beestablished.

59. I. 4 15 14 02

x x− + = II. 6 10 4 02

y y− + =

60. I. 3 10 3 02

x x+ + = II. 2 15 27 02

y y− + =

105

400

350

300

250

200

150

100

02008 2009 2010 2011 2012

230

320

170

310

300

380

340

250

180

260

M

N

Nu

mb

er

of

bag

sso

ld


PA

PE

R 61. I. 7 12 5 02

x x+ + = II. 3 7 2 02

y y+ + =

62. I. 16 14 3 02

x x− + = II. 6 19 15 02

y y− + =

63. I. x x2

11 18 0+ + = II. y2

81 0− =

64. Ravi invested ` P in a scheme A offering simpleinterest at 10% per annum for two years. Heinvested the whole amount he received fromscheme A, in another scheme B offering simpleinterest at 12% per annum for five years. If thedifference between the interests earned fromschemes A and B was ` 1300, what is the value of P?a. ` 2500 b. ` 2000 c. ` 3000d. ` 3500 e. ` 4000

Directions (Q. Nos. 65-69) Study the table and answerthe given questions

Data Regarding Number of Students Studying in

Various Streams in Various Universities (St.

Christ, PD and Kelly), in the year 2012

Universities St. Christ PD Kelly

Streams Totalstudents

Femalestudents

Totalstudents

Femalestudents

Totalstudents

Femalestudents

A 3000 1800 2800 1200 2000 1500

B 1800 600 1400 800 1200 900

C 1200 500 600 500 900 300

D 600 250 400 180 500 260

Note Total students = Female students + Male students

65. Total number of students studying in stream C,in St. Christ and PD together are what percent lessthan those studying in stream B in the sameuniversities together?a. 20% b. 12.5% c. 18% d. 15.25% e. 16%

66. Number of males studying in stream B is whatpercent of that studying in stream C in St. Christ?a. 42 6/7% b. 40 1/9% c. 48%d. 54 1/6% e. 171 3/7%

67. What is the respective ratio between the totalnumber of females studying in streams A and Btogether in PD University and the total number offemales studying in the same streams together inKelly?a. 5 : 6 b. 10 : 13 c. 1 : 2d. 2 : 3 e. 4 : 5

68. Total number of males studying in stream D inall the universities together in 2013, were 1190 morethan that in the year 2012. In 2013, what was thetotal number of students (Male + Female) studyingin stream D in all the universities together, if thetotal number of male students in stream D in 2013,constituted 4/7 of the total number of students?a. 2000 b. 2500 c. 3000d. 3500 e. 3800

69. What is the average number of male studentsstudying in stream A in all the given universities?a. 1100 b. 1250 c. 1150 d. 1200 e. 1280

70. The distance between two cities (M and N) is569 km. A train starts from city M at 8 am and traveltowards city N @ 53 km per hour. Another trainstarts from city N at 9 am and travel towards city M@ 76 km per hour. At what time will the trainsmeet?a. 12 : 30 pm b. 1 : 00 pm c. 2 : 30 pmd. 1 : 30 pm e. 2 : 00 pm

Directions (Q. Nos. 71-77) Read the following passageand answer the given questions.

Politics is local, but most problems are international.That is the fundamental problem for nationalgovernments caught between the twin forces ofglobalisation and voter’s anger. The European refugeecrisis, for example, seem to cry out for a continent-widesolution. But the tide of migrants has been vast andnational governments have been tempted to put upbarriers first, and answer questions later. The latestexample saw Sweden introduce chekcs on thosetravelling from Denmark, leading the turn country, inturn, to impose temporary controls on its southernborder with Germany. Anti-immigration parties havebeen gaining in the polls, with the exception of theGerman Chancellor; mainstream politicians want tohead off the challenge. In a way, this looks like the samemismatch that has plagued the euro, a single currencywithout a unitary fiscal and political authority.

Many economists have advocated much greater

integration of the euro zone in the wake of the bloc’s

crisis. The European banking system would be stronger

if there was a comprehensive deposit-insurance

scheme, the economy would be more balanced if there

were fiscal transfer from rich to poor countries. But

such plans are unpopular with voters in rich countries

(who perceive them as handouts) and in poor countries

(who worry about the implied loss of local control that

reforms would require). All that the European Union’s

(EU) leaders have managed so far is to cobble together

solutions (such as the Greek bailouts) at the last

minute. Gone is the pledge of unity of the G20’s summit

in London in 2009, when leaders agreed on a

coordinated stimulus in response to the financial crisis.

Central Banks are now heading in different directions,

the Federal Reserve Bank has just tigthened monetary

policy while the European Central Bank and the Bank of

Japan are committed to easing. Trade creates tighter

links between countries, but global trade growth has

been sluggish in recent years. The OECD thinks that

trade grew by only 2% in volume in 2015. No longer is

trade rising faster than Global GDP, as it was before the

crisis. International agreements require compromise,

which leaves politicians vulnerable to criticism from

inflexible components. Voters are already dissatisfied

with their lot after years of sluggish gains (or declines)

in living standards. When populist politicians suggest

that voter’s woes are all the fault of foreigners, they find

106

Part III English Language


l BANKING INNOVATION

n Initially Mudra Bank is Subsidiary ofwhich of the following SIDBI

n Who monitors Priority Sector Lending(PSL) in commercial banks?

Reserve Bank of India

n What Percentage of loans one particularbank need to provide an Agriculturesector under Priority Sector as mandatedby RBI? 18%

n It is the rate of interest charged by theReserve Bank of India for lending moneyto commercial banks Bank Rate

n The Negotiable Instruments Act, 1881was established on December 9, 1981.

n A fixed amount paid once a year or atinterval of a stipulated period Annuity

n The ATMs are not connected with anyATM network hence their transactions arerestricted to the ATM’s branch and linkbranches only. Stand Alone ATM

n The State which became the first in thecountry to allow issuance of motorinsurance policies in digital form bylaunching e-Vahan Bima Scheme

Telangana

n An ATM which provided fore-Commerce is called as ……… ATM

Yellow Label

n Which of the following ATM is providedfor Agricultural Transaction? Green Label

n The ATM that is not present within thepremises of its bank is called Off-site ATM

n India’s First Talking ATM launched bywhich Bank Union Bank of India

n The first company to get RBI’spermission to open White Label ATMs is

Tata CommunicationsPayment Solutions Limited

n After merger State Bank of India ranked………… in the list of world’s largest bankin terms of assets. 45

n Under which act RBI has sole power toimpose a penalty to the particular bankfor its fraudulent action?

Banking Regulation Act 1949

n If neither the word ‘bearer’ nor ‘order’ iswritten on a cheque, payment will bemade by treating it as …… cheque Order

n Land bank web portal launched byJharkhand government jharbhoom.nic.in

n Andhra Bank launched ImmediatePayment Service (IMPS) across all itsbranches in association with The National

Payments Corporation of India (NPCI)

n The RBI Governor who was felicitatedwith the Central Banker of the Year Award(Global and Asia Pacific) for 2016 is

Raghuram Rajan

n If cheque is issued by a bank in thesame city as the payee, the cheque willbe called Local Cheque

l ECONOMY

n Sukanya Samriddhi Scheme Accountcan be opened at any

Indian Post Offices, Commercial Banks

n He was appointed as the head of oneman committee to study issues related togramin dak sevaks Kamlesh Chandra

n This project of Kerala government willbring together different schemes in healthsector under one umbrella

Sampoorna Arogya Keralam

n To reduce the premium burden onfarmers and ensure early settlement ofclaim for the full sum insured, the UnionCabinet approved the proposal of

Crop Insurance Scheme

n The Economy of India is the seventh-largest in the world by Nominal GDP

n Prime Minister Narasimha Rao alongwith his Finance Minister ManmohanSingh, initiated the economic liberalisationof 1991

n By whom was the first estimate ofnational income in India made?

Dadabhai Naoroji

n From when was the Zero BaseBudgeting in India first experimented?

April, 1987

n What is the situation with increasingunemployment and inflation termed?

Stagflation

n Which sector of Indian Economycontributes largest to the Gross NationalProduct? Tertiary Sector

n In the post-independence period,economic reforms were first introduced inIndia under

PV Narasimha Rao Government (1990)

n The maximum deposit allowed underSukanyaSamriddhi Scheme Accounts in afinancial year is ` 150000

n Under Sukanya Samriddhi Schemepartial withdrawal, maximum up to 50% ofbalance standing is possible at the age of18 for the girl’s Higher Education Expenses

n What is the maximum deposit underNational Savings Certificates (NSC)

No Limit

n The concept of Economic Planning inIndia is derived from Russia

n During which plan were the steel plantsat Durgapur, Bhilai and Rourkelaestablished? Second Five Year Plan

n Who presented the first Union Budgetof Independent India?

RK Shanmukham Chetty

l FINANCIAL INSTITUTION

n National Bank for Agriculture and RuralDevelopment (NABARD) was establishedon July 12,1982

n SIDBI was initially incorporated as awholly owned subsidiary of

Industrial Development Bank of India (IDBI)

n NABARD was established on therecommendations of Shivaraman Committee

n It is the second largest bank in India interms of assets and third in term ofmarket capitalisation ICICI Bank

n ICICI Bank was established by theIndustrial Credit and

Investment Corporation of India (ICICI)

n Sangli Bank was a private sectorunlisted bank, founded in 1916

n National Housing Bank (NHB), a whollyowned subsidiary of Reserve Bank ofIndia (RBI), was set-up on July 9, 1988under the National Housing Bank Act 1987

n IDBI Bank was established in 1964

126

BANKING AWARENESS

ON E L ner s

Exam Focus

Documents

Need of Plan...2 Bankin Guru December 2017 The Union Finance Ministry declared ` 2.11 lakh crore Bank Recapitalisation Plan for Public Sector Banks (PSBs) on October 24, …