Economy/Banking Current Affairs Questions for IBPS Clerk Exam 2013
Friends…here is the
Part-8 of our Economy/Banking Current Affairs Questions for IBPS Clerk Exam
2013….
1. India’s core
sector growth stood at ___________ in August as published in Oct 2013)?
(A) 3.7%
(B) 3.1%
(C) 6.5%
(D) 2.3%
Ans. (A) 3.7%
2. Who took over
charge as Chairman and Managing Director of Bharat Petroleum Corporation
Limited (BPCL) in Oct 2013?
(A) SB Nayar
(B) S Varadarajan
(C) R K Singhon
(D) B Ashok
Ans. (B) S Varadarajan
3. Which IT
Services Company acquired the Equinox Consulting, a financial services
consulting firm based in France, in Oct 2013?
(A) Cognizant
(B) TCS
(C) Infosys
(D) Wipro
Ans. (A) Cognizant
4. Which country
has topped the global chart of remittances with a whopping USD 71 billion in
remittances in 2013?
(A) China
(B) Philippines
(C) Mexico
(D) India
Ans. (D) India
5. ECB has kept its
benchmark interest rate on hold at ________ in Oct 2013.
(A) 0.5%
(B) 0.25%
(C) 0.75%
(D) 1%
Ans. (A) 0.5%
6. Who has been
appointed chairman of Karnataka Vikas Grameena Bank (KVGB), a regional rural
bank sponsored by Syndicate Bank, in Oct 2013?
(A) Ashok Reddy
Nukala
(B) S.R. Bansal
(C) Rajendra Kumar
Saraf
(D) Umesh Chand
Asawa
Ans. (A) Ashok Reddy Nukala
7. Which IT Company
acquire ValueSource NV, a subsidiary of Belgium-based integrated bank insurance
group KBC, as part of a five-year contract with the group in Oct 2013?
(A) Cognizant
(B) TCS
(C) Infosys
(D) Wipro
Ans. (A) Cognizant
8. India has been
ranked at ______ position out of 122 countries on global Human Capital Index
published by the World Economic Forum in Oct 2013.
(A) 78th
(B) 85th
(C) 88th
(D) 66th
Ans. (A) 78th
9. Government of
India has appointed a four member committee headed by whom to clear the
ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional
Investment (FII) terms in Oct 2013?
(A) Bimal Jalan
(B) Mukul Mudgal
(C) Arvind Mayaram
(D) A.P. Shah
Ans. (C) Arvind Mayaram
10. The Government
of India launched a unique project to put 100 most important Indian heritage
sites online in collaboration with which IT/Internet giant in Oct 2013?
(A) Google
(B) Yahoo
(C) Microsoft
(D) Amazon
Ans. (A) Google
1) India Post has launched Instant Cash in
Oct 2013. Instant Cash is an instant electronic money transfer service launched
in partnership with which company?
(A) Wall Street Exchange
(B) Moneygram
(C) National Stock Exchange
(D) Western Union
Ans. (A) Wall Street Exchange
2) Which organization won the Nobel peace
prize 2013 (announced in Oct 2013)?
(A) European Union
(B) Organisation for the Prohibition of
Chemical Weapons (OPCW)
(C) UNICEF
(D) Red Cross
Ans. (B) Organisation for the
Prohibition of Chemical Weapons (OPCW)
3) Who has been ranked as India’s richest
women as per the latest Forbes list published by the magazine in Oct 2013?
(A) Indu Jain
(B) Anu Aga
(C) Savitri Jindal
(D) Kiran Mazumdar Shaw
Ans. (C) Savitri Jindal
4) Which of the following Indian district has been termed as the first zero-landless district in the country in Oct 2013?
(A) Alappuzha
(B) Ernakulam
(C) Kannur
(D) Kollam
Ans. (C) Kannur
5) Who has been appointed as the
Chairperson of India’s largest bank, State Bank of India in Oct 2013?
(A) Nishi Vasudeva
(B) Shubhalakshmi Panse
(C) Arundhati Bhattacharya
(D) Archana Bhargava
Ans. (C) Arundhati
Bhattacharya
6) SEBI and FIPB have approved Jet-Etihad
deal in Oct 2013. As a part of the deal, Etihad will acquire __________ stake
in Jet Airways to Etihad.
(A) 51%
(B) 24%
(C) 49%
(D) 76%
Ans. (B) 24%
7) Indian mobile phone maker Micromax has
roped in which Hollywood star as its brand ambassador to expand in the overseas
market in Oct 2013?
(A) Russell Crowe
(B) Christian Bale
(C) Hugh Jackman
(D) Robert Downey Jr.
Ans. (C) Hugh Jackman
8) Which Indian PSU Bank has agreed take
over the Amanath Cooperative Bank after board meeting held in Oct 2013?
(A) Punjab National Bank
(B) Canara Bank
(C) IDBI Bank
(D) Bank of Maharashtra
Ans. (B) Canara Bank
9) 23rd ASEAN Summit 2013 held in Oct 2013
in which city?
(A) Manila
(B) Kuala Lumpur
(C) Brunei
(D) Bangkok
Ans. (C) Brunei
10) Which Indian Telecom company has
launched M-Pesa, its trademarked mobile money transfer and payment service in
Maharashtra in association with ICICI Bank in Oct 2013?
(A) Airtel
(B) Vodafone
(C) Aircel
(D) Idea
Ans. (B) Vodafone
1. Which bank(the biggest US bank by
assets) said 15 Nov 2013, it has agreed to pay $4.5 billion to settle claims by
investors who lost money on mortgage-backed securities before the collapse of
the US housing market?
(A)JPMorgan Chase & Co
(B) Lehman Brothers
(C) Goldman Sachs
(D) Bank of America
Ans. (A) JPMorgan Chase & Co
2. President Pranab Mukherjee released a
postal stamp to commemorate which anniversary of The Times of India in an
elegant ceremony at the Rashtrapati Bhawan on 14th Nov 2013?
(A) 50th
(B) 100th
(C) 150th
(D)
175th
Ans. (D) 175th
3. Headline inflation at a high percent and
rising food prices are definitely not a good sign for the economy. October WPI
inflation figure released on 14th November 2013 stands at 8-month
high. What is WPI (Wholesale Price Index) for October 2013?
(A) 6.2 %
(B) 6.6 %
(C) 6.9 %
(D) 7 %
Ans. (D) 7 %
4. Global professional services firm Ernst
& Young has appointed whom as its new Global Chairman and CEO in July 2013?
(A) Gary Kenneth Toomey
(B) Mark Weinberger
(C) Joe Kaeser
(D) Etienne Benet
Ans. (B) Mark Weinberger
5. India has been ranked _______ among 142
countries in the Global Innovation Index 2013 published in July 2013?
(A) 61st
(B) 66th
(C) 68th
(D) 70th
Ans. (B) 66th
6. The Inter-ministerial body Telecom
Commission has approved to raise foreign direct investment limit in the telecom
sector from current 74% to _________ in July 2013.
(A) 95%
(B) 90%
(C) 100%
(D) 91%
Ans. (C) 100%
7. Which Indian state was declared as the
first Smoke-free state of the country in July 2013?
(A) Haryana
(B) Punjab
(C) Himachal Pradesh
(D) Gujarat
Ans. (C) Himachal Pradesh
8. Which country joined the European Union
as the 28th member of the Union in July 2013?
(A) Norway
(B) Latvia
(C) Croatia
(D) Turkey
Ans. (C) Croatia
9. Who has been appointed as Director
General of Bureau of Indian Standards (BIS) in July 2013?
(A) Sujata Singh
(B) Sunil Soni
(C) K K Paul
(D) Sharad Gupta
Ans. (B) Sunil Soni
10. Who has been appointed as Managing
Director of UTI Mutual Fund in July 2013?
(A) Leo Puri
(B) Deepak Parekh
(C) Rana Kapoor
(D) None of These
Ans. (A) Leo Puri
1. Which Financial Company has secured
approval from the Foreign Investment Promotion Board (FIPB) to set up
white-label ATMs in India in Sep 2013?
(A) State Bank of India
(B) Reliance Capital
(C) Muthoot Finance
(D) IFCI
Ans. (C) Muthoot Finance
2. Which Indian Officer was elected as
regional director at the 31st meeting of health ministers and 66th session of
WHO regional committee for South-East Asia in Sep 2013?
(A) Deepak Sandhu
(B) Rakesh Sood
(C) Poonam Khetarpal Singh
(D) None of These
Ans. (C) Poonam Khetarpal Singh
3. Yahoo Inc has appointed which veteran
technology executive and Silicon Valley investor as its new chairman in August
2013?
(A) Alfred J. Amoroso
(B) Stratton Sclavos
(C) Maynard Webb
(D) Roy J. Bostock
Ans. (C) Maynard Webb
4. India has signed a loan agreement with
the World Bank worth of _________ for its Low Income Housing Finance Project in
August 2013.
(A) USD 50 million
(B) USD 150 million
(C) USD 100 million
(D) USD 200 million
Ans. (C) USD 100 million
5. Saba Anjum received the Arjuna award –
2013, presented in August 2013. She is associated with which sport?
(A) Hockey
(B) Wrestling
(C) Shooting
(D) Football
Ans. (A) Hockey
6. Religare Health Insurance has signed a
deal with which Indian PSU bank in Sep 2013 to market its product and service
bouquet through the distribution network of the bank?
(A) Union Bank of India
(B) IDBI Bank
(C) Central Bank of India
(D) Allahabad Bank
Ans. (A) Union Bank of India
7. Who has been appointed as the Chairman
and Managing Director of Power Finance Corporation Ltd (PFC) by the Government
of Indian in Sep 2013?
(A) Satnam Singh
(B) BN Talukdar
(C) M.K. Goel
(D) Nishi Vasudeva
Ans. (C) M.K. Goel
8. The government approved the proposal of
_________ capital infusion in Export-Import Bank of India in Sep 2013 to
support future growth of the lender.
(A) Rs 1000 crore
(B) Rs 700 crore
(C) Rs 500 crore
(D) Rs 800 crore
Ans. (B) Rs 700 crore
9. Prime Minister’s key economic advisor C
Rangarajan has lowered the growth forecast for the current fiscal to ________
in Sep 2013.
(A) 5.9%
(B) 5.3%
(C) 6.2%
(D) 6.5%
Ans. (B) 5.3%
10. Which state/UT has the highest par
capital annual income in India with per capita annual income of Rs. 2.01 lakh
in 2012-13?
(A) Chandigarh
(B) Delhi
(C) Gujarat
(D) Maharashtra
Ans. (B) Delhi
One shortcut tricks I want to share.
Here One shortcut tricks I want to share...
1*1=1
2*2=4
3*3=9
4*4=16
....
.....
Carry on
One things observes here that
Any number square is =
Previous number square + (double the number-1)
Means suppose 51 squares
= 50 square (2500) + (51*2 -1)101
=2500+101
=2601
IBPS Interview Question
Questions
1.Introduce yourself / Tell me about you
There is greater chance that your first question is tell me about yourself or introduce yourself.They
want to know about your background and other details with this
question.Many interviewers use answer of this question to ask second
question.If you are in a panel focusing on HR questions then this is must question.
2.Hobbies and extra curricular activities
Sometimes interviews do ask questions about your hobby and extra curricular activities.They assume that you should be able to answer questions related to your hobby.This is really important.So prepare well for questions related to your hobby.
3.Related to your family
It sometimes gets very interesting as well as irritating for candidates.Lets say your father is a business man.Then they will say Why do not you join your father’s business instead of joining as Bank Clerk.Again
if your brother is in different occupation then they might say Why
instead of choosing that career you are selecting IBPS Clerk? Through
these questions they really want to know the reason of joining as Bank Clerk.
4.Related to your education
Related to Education arises
- If you have gap in education.
- You have gap after your last degree.
- You have good marks in 10th or 12th but nor so good in graduation or other way around.
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During exam preparations
During exam preparations
1.
Learn tables, squares and cubes
Learn tables up to 35 thoroughly.
Similarly squares up to 50 (Squaring Technique)and cubes up to 20. It really makes calculations easy and
increase your question solving ability. Most of the candidates fails due to
lack of time and major part of their time is wasted on calculations in
quantitative and reasoning section.
2.
Learn some shortcuts
There are too many short-term tricks to solve quantitative
problems. For every chapter let it time distance, number system, profit and
loss or equation, there are shortcuts available. You can download some shortcut
notes. I found a nice book Quicker Maths, this book has hundreds of short
tricks, every institute make notes from this book. Refer to my earlier post to
find this book online.
3.
Refer to some comprehensive books
Many students try to score well just by solving some
question from magazines and workbooks. Although these methods are good to
increase your scores after you learn all the basics. But to learn basics you
need to refer some good books. Read my earlier post to learn more about beat
books for bank exams preparations.
4.
Solve, solve and solve
The more questions you solve, higher your accuracy will be.
Try to solve more questions of each chapter. Solve question of every type
whichever you face.
During exam
1.
Skip questions
Out of 50 questions you need to
score 20+ . There are 5-6 questions of high difficulty level, it's better to
skip them then wasting time on them. Finding and skipping long and difficult is
a skill, you need to master this. Even in 4-5 questions set of quantitative or
receiving asking section, if you are not able to understand the question or
clueless about how to solve it, skip it or you will end having very low
attempt.
2.
Play with options
7-8 questions in an exam can be
solved just by eliminating the options. Take an example,
A man bought 18 oranges for 100 rupees and sold 12 oranges for 100 rupees. Calculated profit percentage.
a) 33.333%
b) 50%
c) 66.666%
d) Can't be determined
It can be easily seen that man saved 50% of what he sold. He saved 6 oranges while he sold 12 oranges. Clearly answer is 50%
A man bought 18 oranges for 100 rupees and sold 12 oranges for 100 rupees. Calculated profit percentage.
a) 33.333%
b) 50%
c) 66.666%
d) Can't be determined
It can be easily seen that man saved 50% of what he sold. He saved 6 oranges while he sold 12 oranges. Clearly answer is 50%
3.
Estimation
Try to estimate answer. You can 't solve 200 and more
questions in 2 hours. This trick can be used in profit and loss, time distance,
data interpretation and many more chapters.
4.
Take 100 as base
Many
questions can be solved just by taking 100 as base. Take an example
What is the percentage profit in selling an article in discount of 20% which was earlier sold for 40% profit ?
a) 20%
b) 14%
c) 28%
d) 12%
Solution : Lets take Rs.100 as cost of article. Man was selling the article for Rs140 ( 100 cost + 40 profit ) , now he is selling at a discount of 20% , now 140*20/100 = 28. New selling price = 140-28 = 112
Answer is D
What is the percentage profit in selling an article in discount of 20% which was earlier sold for 40% profit ?
a) 20%
b) 14%
c) 28%
d) 12%
Solution : Lets take Rs.100 as cost of article. Man was selling the article for Rs140 ( 100 cost + 40 profit ) , now he is selling at a discount of 20% , now 140*20/100 = 28. New selling price = 140-28 = 112
Answer is D
Syllabus for IBPS Clark 2013
General Awareness:
As you all know, there is no such a syllabus for General Awareness for any competitive examination. However, candidates need to have good knowledge of current affairs as well as what is happening in India. Check out the topic may be asked in upcoming IBPS clerk exam 2013.
Current Affairs
Ministers & portfolios
Abbreviations
Top news in business, sports, culture & entertainment
Prominent committees & their heads
Computer Knowledge:
Main Topics To Prepare Are As Follows
Computer parts & their functions
Basic internet & email controls
MS Office package (word, excel, power-point etc)
Popular software, Hardware names & their uses
Reasoning:
Reasoning is one of easiest section in IBPS Clerk exam.
Number series
Coding & decoding
Syllogisms
Venn diagrams
Numerical Ability:
Candidates need to focus as much as they can on it. Numerical Ability is one of the most important section in IBPS Clerk exam 2013.
Number System, Simplification
Work and Time, Time and Distance, Problem on Train, Boat & Stream
Profile & Loss, Percentage
Ratio & Proportion, Partnership
Simple Interest, Compound Interest
As you all know, there is no such a syllabus for General Awareness for any competitive examination. However, candidates need to have good knowledge of current affairs as well as what is happening in India. Check out the topic may be asked in upcoming IBPS clerk exam 2013.
Current Affairs
Ministers & portfolios
Abbreviations
Top news in business, sports, culture & entertainment
Prominent committees & their heads
Computer Knowledge:
Main Topics To Prepare Are As Follows
Computer parts & their functions
Basic internet & email controls
MS Office package (word, excel, power-point etc)
Popular software, Hardware names & their uses
Reasoning:
Reasoning is one of easiest section in IBPS Clerk exam.
Number series
Coding & decoding
Syllogisms
Venn diagrams
Numerical Ability:
Candidates need to focus as much as they can on it. Numerical Ability is one of the most important section in IBPS Clerk exam 2013.
Number System, Simplification
Work and Time, Time and Distance, Problem on Train, Boat & Stream
Profile & Loss, Percentage
Ratio & Proportion, Partnership
Simple Interest, Compound Interest
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