Friday 5 April 2013

SBI PO Banking Awareness Practice

Howdy Guys ! How is Your preparation. Now another Stuff for you .Banking Awareness Questions set for practice purpose . Now  take few minutes and Practice it . All the Best
SBI PO Banking Awareness 1. The working and operations of NBFCs are regulated by
(A) SBI
(B) RBI
(C) Finance Ministry
(D) All the above
(E) None of these
ANS. (B)

2. The UTI was established in
(A) 1956
(B) 1964
(C) 1972
(D) 1976
(E) None of these
ANS. (B)

3. Which of the following is not correct about the acceptance of deposits by the NBFCs?
(A) They are allowed to accept public deposits for a minimum period of 12months and maximum period of 60months
(B) They cannot accept deposits repayable on demand
(C) They should have minimum investment grade credit rating
(D) Their deposits are not insured
(E) The repayment of deposits by NBFCs is guaranteed by RBI
ANS. (E)
 
4. Any financial intermediary whose principal business is that of buying and selling is called
(A) Equipment leasing company
(B) Hire purchase company
(C) Loan company
(D) Investment company
(E) None of these
ANS. (D)
 
5. FIMMDA’s general principles and procedures are applicable to
(A) Fixed income markets
(B) Money markets
(C) Derivative markets
(D) All the above
(E) None of these
ANS. (D)

6. Life insurance in its modern form came to india from England in the year
(A) 1818
(B) 1896
(C) 1905
(D) 1907
(E) 1919
ANS. (A)
 
7. Which of the following statements about insurance business in India is not correct?
(A) Orient life insurance company was the first life insurance company on Indian Soil
(B) Bombay Mutual life assurance society was the first Indian life insurance company
(C) The life insurance company’s act and the provident fund act were passed 1949.
(D) The insurance regulatory and development authority was established in the year 1999
(E)From march 21, 2003 GIC ceased to be a holding company of its subsidiaries
ANS. (C)
 
8. In which year had the insurance regulatory and development authority come into force?
(A) 1999
(B) 2000
(C) 2001
(D) 1991
(E) 1993
ANS. (B)
 
9. By taking out insurance cover an individual of NBFCs?
(A) reduces the cost of an accident
(B) reduces the risk of an accident
(C) transfer the risk to someone else
(D) converts the possibility of large loss to certainty of a small one
(E) reduces the certainty of major loss
ANS. (C)
10. Which of the following is an example of NBFCs?
(A) Unit trust of India
(B) Life insurance corporation
(C) General insurance corporation
(D) All the above
(E) None of the above
ANS. (D)
11. The working and operations of NBFCs are regulated by
(A) SEBI
(B) RBI
(C) Finance Ministry, GOI
(D) IRDA
(E) None of the above
ANS. (B)
12. Which of the following is a kind of non-banking financial institutions
(A) Equipment leasing company
(B) Hire purchase company
(C) Loan company
(D) Investment company
(E) All the above
ANS. (E)

13. A company which pools money from investor and invests in stocks, bonds, shares is called
(A) A bank
(B) An insurance company
(C) Bank assurance
(D) Mutual fund
(E) None of these
ANS. (D)
 
14. Which was the first mutual fund started in India?
(A) SBI mutual fund
(B) Indian bank mutual fund
(C) Kotak Pioneer mutual fund
(D) Unit trust of India
(E) None of these
ANS. (D)
 
15. The regulator of mutual fund in India is
(A) FIMMDA
(B) AMFI
(C) RBI
(D) SEBI
(E) None of these
ANS. (D)
 
16. Which of the following is not correct about Non-banking financial companies?
(A) NBFC cannot accept demand deposits
(B) NBFC is not a part of the payment and settlement system
(C) NBFC can issue cheques segment of Indian financial system
(D) NBFC are fast emerging segment of Indian financial system
(E) None of these
ANS. (C)

17. Which is the principal institution for promotion, financing and development of small scale industries in the country?
(A) RBI
(B) SBI
(C) IDBI
(D) SIDBI
(E)None of these
ANS. (D)
 
18. Which of the following statements is not correct about NBFCs
(A) An NBFC cannot accept demand deposits
(B) These institutions trade in the capital market in a variety of assets and liabilities
(C) An NBFC can issue cheque drawn on itself
(D) Deposit insurance facility of deposit insurance and credit Guarantee Corporation is not available for NBFC depositors
(E) NBFIs act as brokers of loanable funds and in this capacity they intermediate between the ultimate saver and the ultimate investor.
ANS. (C)
19. Which of the following mobilize the savings of the public to specifically invest in the industrial securities?
(A) UTI
(B) LIC
(C) GIC
(D) All the above
(E) None of these
ANS. (D)
 
20. Bank assurance is
(A) an insurance scheme to insure bank deposits
(B) an insurance scheme to insure bank advances
(C) a composite financial service offering both bank and insurance products
(D) a bank deposit scheme exclusively for employees of insurance company
(E) None of these
ANS. (C)

21. Which of the following is term deposits?
(A) Fixed deposits
(B) Re-investment deposits
(C) Recurring deposits
(D) None of these
(E) All the above
ANS. (A)

Government Jobs For Computer Assistant In Institute of Applied Manpower Research – Delhi

Institute of Applied Manpower Research
Institute of Applied Manpower Research

Computer Assistant

Institute of Applied Manpower Research

Address: Institute of Applied Manpower Research, 53, Lodhi Estate
Postal Code: 110003
City New Delhi
State Delhi
Pay Scale: Rs.30,000/-
Educational Requirements: A Degree in Computer Science/ Technology or Master’s Degree in Mathematics/Physics/ Statistics/ Operation Research or a Degree in Engineering with appropriate training in Computer Programming and Technology
Experience Requirements: Experience in Computer Programming and Computer Operation
Desired Skills: Knowledge in ‘C’ language and at least one of the following viz., COBOL, FORTRAN, BASIC AND PASCAL.
Details will be available at:
No of Post: 07 Posts
How To Apply: Interested and eligible candidates may send their application by post at the given address.
Last Date: 15/04/2013
Age Limit: 30 Years

Wednesday 3 April 2013

DMRC 50 JE (Civil ) Urgent Requirement On 4 year Contract

dmrc je civil exm 2013Delhi Metro Rail Corporation Ltd. (DMRC) requires 50 Junior Engineer (JE) On Long Term Contract basis For a period of four years. Applicant may apply for this Contract basis Job  if he/she possess 3 year diploma in civil engineering with 60 % marks.
About Organisation (DMRC ) :
The Delhi Metro Rail Corporation (DMRC) Ltd, a Joint Venture company with equity participation from Govt. of India and Govt. of National Capital Territory of Delhi has been entrusted with the responsibility of implementation of the rail based Mass Rapid Transit System for Delhi.
Job Designation : Junior Engineer (Civil) On 4 year contract

Total Vacancies : Total 58 posts , out of which 24 for UR , 07 for SC, 06 for ST , and 21 for OBC )
Scale of Pay :  Rs. 13500 – 25520 (IDA)/ -
Age limit  : Max age 40 years as on 01/01/2013
  • Relaxation in age will be given to  OBC and SC/ST category candidates. 
  • 3 years  for OBC and 5 years for SC/ST
Required Qualification for Job : Candidate should  possess three years Diploma in Civil Engineering with 60% marks from reputed Government Institutes.

Selection procedure For DMRC JE Exam 2013 : 

1. The candidates will be subjected to Paragraph Writing (Technical topics/General topics) and interview.
2. The names of the candidates, who qualify the Interview, will be uploaded on our website on 16th May’2013. 
3. The shortlisted candidates will be sent for medical examination from 20th May to 24th May’2013 in “A-3” standard, the details of which are available at DMRC 
Application Fee : application fee will be paid through demand draft drawn in favour of DELHI METRO RAIL CORPORATION LIMITED, payable at New Delhi indicating on the reverse of the DD, their name & address, telephone no. if any.
UR & OBC candidates – Rs 200/-
SC/ST Candidates - Rs 50/-

How to Apply For JE DMRC Advertisement 2013 :

Willing applicants  who fulfill the above mentioned eligibility criteria may apply along with their particulars in the enclosed format, before the last date 25/04/13 by speed post to the address given below:

Address :

Executive Director (HR)
Metro Bhawan
Fire Brigade Lane
Barakhamba Road
New Delhi

Banking Awareness Quiz : 1 for SBI PO Exam

SBI PO Aspirants can check here banking Awareness Questions for practice
Banking Awareness for SBI PO exam 2013
1. The banks shall have to state their lending policies. These would include
(A) Exposure limits and eligible borrowers
(B) Documentation standards, maturity and pricing options
(C) Write off review procedures
(D) All the above
(E) None of the above
ANS. (D)

2. Regional Rural Banks are classified as
(A) Scheduled commerce banks
(B) Public sector banks
(C) Cooperative banks
(D) Private sector banks
(E) None of the above
ANS. (A)
  
3. Export-Import bank of India also operate the following schemes of assistance:
(A)Refinance of export credit to eligible commercial banks in long term posts shipment credits to India’s export of capital goods
(B)Lines of credit to foreign governments and financial institutions for import of Indian capital goods
(C) Re-lending facility to banks situated in foreign countries to enable them to provide term finance to importers of Indian capital goods.
(D)All the above
(E) None of the above.
ANS. (D)

4. As per guidelines of the Reserve bank of India, a new private sector bank
(A) Shall be subject to prudential norms in regard to income recognition asset classification and provisioning capital adequacy etc.
(B) Shall have to observe priority sector lending targets as applicable to other domestic banks
(C) Will be required to open rural and semi-urban branches
(D) All the above
(E) None of the above
ANS. (D)

4. In case of safe custody of articles, relationship between bank and customer is
(A) Agent and Principal
(B) Bailee and Bailor
(C)Lessor and Lessee
(D) Credit and Debitor
(E) None of the above
ANS. (B)

5. Mutual fund schemes have been allowed to mention an indicative return for schemes for fixed income securities. This will be subject to the following:
(A) The return will be based on the current yields of instruments which change from time to time, depending upon the interest rates prevailing in the market, RBI policy and other relevant factors.
(B) In case a portfolio of securities is disclosed, it should also be mentioned that such portfolio is purely illustrative and the scheme does not assure that it would maintain its portfolio
(C) The returns mentioned are only indicative and not assured. The actual returns will be based on the actual NAV which may go up or down depending on the market conditions.
(D) All the above
(E) None of the above
ANS. (D)

6. Some banks have introduced automated cheque book…. Systems, which emboss customers name and account number on every cheque leaf.
(A) issuing
(B)ordering
(C) Personalization and dispensing
(D) embossing
(E) delivery and satisfaction
ANS. (C)

7. Name the certifying authority of digital signature in banking and financial sector
(A) The IDRBT certifying authority
(B) Individual banks
(C) Reserve banks of India
(D) Indian banks association
(E) None of the above
ANS. (A)

8. For opening new branches, banks need to be complied with the following conditions:
(A) Capital adequacy ratio should be at least 8%
(B) Minimum net-owned funds Rs.100crore.
(C) Gross NPA not to exceed 15%
(D) Net profit for 3years consecutively.
(E) All the above
ANS. (E)

9. The corporative credit system, consists of
(A) Short term agricultural credit institutions
(B) Long term agricultural credit institutions
(C)Non-agricultural institutions
(D)All the above
(E) None of the above
ANS. (D)


10. A commercial paper refers to
(A) An unsecured money market instrument issued in the form of promissory note
(B) A paper issued by commercial organization
(C) A secured money market instrument
(D)A letter issued by scheduled commercial banks for seeking refinance from NABARD
(E) None of the above
ANS. (A)

11. The industrial finance corporation of India provides loans to
(A) Government companies of core sector power generation, steel, coal and cement etc.
(B) Newly established industries in backward districts
(C) Industries of private sector
(D) Joint stock companies and cooperative societies engaged in the manufacturing and processing of goods.
(E) None of the above
ANS. (D)

12. Which of the following fall under the qualitative method of credit control adopted by the Reserve Bank of India?
(A) Selective credit control
(B) Moral suasion
(C) Credit authorization scheme
(D) All the above
(E) None of the above
ANS. (D)

13. With regard of NBFCs, which of the following statement is correct?
(A) It cannot offer more than 2% brokerage
(B) It cannot offer gifts
(C) NBFCs seeking public deposit should be a profit making company
(D) All the above
(E) None of the above
ANS. (D)

14. What are the various distribution channels in the banking services?
(A) Physical channel of distribution
(B) Personal channel of distribution
(C) Indirect channel of distribution
(D) Only 1and2
(E) All the above
ANS. (D)

15. Which of the following statement is correct?
(1) The Reserve Bank of India has decided to accept the broad framework of regulations recommended by the Malegam Committee report on micro-finance institutions.
(2) This step is likely to provide a tremendous boost to the micro-finance sector and reaffirm the critical role micro-finance plays in financial inclusion.
(A) only 1
(B) only 2
(C) Both of these
(D) Either 1 or 2
(E) None of the above
ANS. (C)

16. In housing loans, the primary security for the loan is generally
(A) House properly for which loan is granted
(B) Personal guarantee of the borrower
(C) Other property of the borrower
(D) Personal guarantee of third party
(E) None of the above
ANS. (A)

17. The treasury bills are issued at a
(A) Discount
(B) Premium
(C) Both 1and2
(D) Face value
(E) None of the above
ANS. (A)

18. Which of the following are salient features of special electronic fund transfer scheme?
(A) Same day interbank transfer accounts maintained in any of the participating branches are covered that have networking
(B) Settlement for interbank funds transfer takes place in Mumbai.
(C) Scheme is available in over 2500bank branches in 500cities
(D) 3 SEFT settlement cycles on weekdays and 2cycles on Saturday
(E) None of the above
ANS. (E)

19. The first public sector bank to issue capital to public is
(A) Corporation bank
(B) Indian overseas bank
(C) Oriental bank of commerce
(D) Punjab National bank
(E) None of the above
ANS. (C)

20.  The Reserve Bank of India is also called the lender of the last resort to scheduled commercial banks because
(A) RBI meets directly or indirectly all the reasonable demands for financial accommodation subject to terms and conditions of the discount rate policy of RBI
(B) They are not able to get facilities from other banks
(C) Both of the above
(D) They are able to get facilities from private sector banks
(E) None of the above
ANS. (A)

21. The interbank messaging part of SFMS is useful for applications like
(A) Electronic Fund Transfer
(B) Real time gross settlement system
(C)Delivery versus payment system
(D) Centralised management system
(E) All of the above
ANS. (E)

22. Merchant bankers which have networth of more than Rs.1crore are allowed by SEBI to function as
(A) Lead managers for issue of shares
(B) Underwriters for issue of shares
(C) Both of the above
(D) Collection of cheques
(E) None of the above
ANS. (C)

24. The term Retail Banking means
(A) Providing services to individuals
(B)Focusing on individual needs for different kinds of financial services
(C) In an integrated manner
(D) All the above
(E) None of the above
ANS. (D)

Union Bank of India Recruitment 2013-14

Union Bank of India Recruitment 2013-14: Union Bank of India has displayed the notice for recruitment of 349 Specialist Officers Cadre posts.
Desirous and Eligible Aspirant may apply Online for these post current by 23rd April 2013. Privatejobshub.blogspot.in has provides latest jobs, Results, Admission 2013, Bank Jobs and etc. For more details regarding Union Bank of India Recruitment 2013-14 such as Age, Qualification, Hiring Process, No. of Vacancies and How to apply are mention below:

Union Bank of India Recruitment 2013-14 Details:

 Organization Name
Union Bank of India
Post Name
Specialist Officers Cadre
No. of vacancies
349
Age Limit
21 years to 45 years
Last Date of application
23rd April 2013
Hiring Process
Written Test/ Psychometric test /GD/
 
Who can apply?
Name of Post
No. of Post
Age Limitation
Qualification
Asst. General Manager (IT)
01
21 years to 45 years
M.Tech/B.Tech/B.E/(Computer Science/Electronics/ Electronics and
Communication)
Chief Manager (IT-Network)
01
21 years to 43 years
Senior Manager(IT-Network)
01
21 years to 40 years
Credit Officers---MMGS-III
336
C.A /I.C.W.A / C.S / M.B.A/JAIIB/ CAIIB/Diploma in Banking &
Finance (IIBF)
Printing Technologist
01
A Graduate Degree in Printing Technology
Security Officer
06
21 years to 50 years
A Graduate Degree in any discipline
Company Secretary
01
21 years to 35 years
Economists
02
A Post Graduate Degree in Economics / Econometrics
Age Limitation: Age Limitation is shown in above table and Age relaxation will be extended as per Govt. rule.

Qualification: Aspirants eligibility is shows in above table for all different posts.

Experience: Experience will be including for all posts.

Application Fee:

Category
Fee
For GEN/OBC
Rs. 250
For other
Rs. 50
Hiring Process:

Aspirants will be selected on the basis of following phases:
·         Written Test
·         Psychometric test
·         Group Discussion
·         Personal Interview

How to Apply: Aspirant may apply online for these posts; you can log on official web portal www.unionbankofindia.co.in and go to the careers option and then press online application form. After fill up the application form properly then press submits and takes print out of the challan, now submit the challan at any Union Bank of India  and again visit the official website and fill up the challan no. and given registration no. and after than upload the scan photograph and signature, press submit.

Important Dates to Remind:

Starting Date of Application form: 03rd April 2013
Last date of Online Application Form:  23rd April 2013

PSU Jobs for Freshers

PSU Name Posts/Notice Num Qualification Last Date
IRCON International Ltd. Assistant Officers (HRM) - 1 Post MBA/PG Diploma in HR/IR & Personnel Mgt. Apr 27
Mazagon Dock Various Contractual Vacancies - 649 Posts Specialized Qualification Accordingly Apr 24
SAIL OCT and ACT in Bhilai Steel Plant - 937 Posts ITI/Diploma in Relevat Trade Apr 14 (Extended from Mar 14)
Oil India Medical Officers - 1 Post MD (Paediatrics) Apr 11
Rubber Board 1 Post B.Sc. in Chemistry with computer knowlwdge Apr 9
ONGC Asst. and Junior Asst. Vacancies - 426 Posts Diploma/High School with Relevant Certificates as Required Apr 5
Western Coalfields Mining Sirdar and Surveyor Vacancies- 242 Posts Specialized Qualification Accordingly Apr 5

SSC Jobs for Freshers

Org. Name Posts/Notice Num Qualification Last Date
SSCSR (Southern Region) 5 Posts - Various Vacancies Specialiized Qualification Accordingly Apr 30
SSCKKR 13 Posts - Various Vacancies Specialiized Qualification Accordingly Apr 26
SSCNER 2 Various Vacancies (Scientfic and Preservation Assistants) Mastrs/B.SC Botany according to Post Apr 22
SSC Prasar Bharati Recruitment 2013 - 1238 Programme and Transmission Executives Graduation in any Related Discipline Apr 19
SSC Hindi Translators and Hindi Pradhyapaks Graduate/Masters in Hindi/English Apr 19
SSC Cabinet Secretariat Recruitment 2013 - 279 Group B & C Vacancies Graduation in any Discipline with Specialiized Qualification Accordingly Apr 17
SSC SI in CAPF & Delhi Police, ASI in CISF and IO in NCB Graduation in any Discipline Apr 12
SSCNER (North Eastern Region) 2 Posts - Scientific Assistants Bachelor's in Physics /Geo-Physics/ Geology/ Meteorology/ Hydro-meteorology Apr 8

Exam Dates



Org. Name Posts/Exam Name Test Date(s) Type
SSC SSC Police Vacancies 2013 - SI in Delhi Police & CAPF, ASI in CISF and IO in NCB - Paper 2 Aug 18 Written
SSC Combined Graduate Level Exam 2013 - Tier 2 Exam July 20 & 21, 2013 Written
SSC Cabinet Secretariat Recruitment 2013 - 279 Group B & C Vacancies - Prelims June 17 Written
SSC SSC Police Vacancies 2013 - SI in Delhi Police & CAPF, ASI in CISF and IO in NCB - Paper 1 June 10 Written
SSC Prasar Bharati Recruitment 2013 - 1238 Programme and Transmission Executives June 2 Written
SSC Hindi Translators and Hindi Pradhyapaks June 2 Written
SSC Engineering Assistant and Technicians Recruitment in Prasar Bharati Exam - 2013 May 26, 2013 Written
SSC Junior Engineer (Civil &
Electrical) Exam, 2013
May 19, 2013 Written
SSC Constables(GD) in CAPFs and Rifleman (GD) in Assam Rifles Exam, 2013 May 12, 2013 Written
SSC Combined Graduate Level Exam 2013 - Tier 1 Exam Apr 14 & 21, 2013 Written