Hello user

I would like to tell you that IBPS department conducts this Exam in two steps so you are required to qualified in both.

A. First is Common Written exam (CWE)

B. Second is interview.

IBPS SO CWE is basically a objective type paper which contains 200 questions with multi choice answers.

The topics are for this examination are :

A. Reasoning ,
B. English language ,
C. General Awareness
D. Professional Knowledge.

So here in response of your question I am providing you with previous year question for this examination:

1.Under outsourcing of banking services, the customer is to be allowed a time period of _ for lodging complaint with the Ombudsman, if the customer does not get satisfactory response from the bank:

10 days
15 days
30 days
60 days
75 days

2.“Escrow” is a term used to denote:

negotiability of the instrument
an instrument incomplete in respect of date
an instrument without consideration
conditional delivery of the instrument
None of these

3.What is the maximum amount of fee payable for filing a Recovery case with the Debt Recovery Tribunal?

Rs.1 lakh
Rs.1,20,000.
Rs.1,50,000.
12% of the debit amount.
None of these.

4.Which of the following statements, is correct regarding securitization of Asset?

Bank can take possession of Asset and sale itself or it can hand over to Re-construction Company.
Securitised Company can act as secured creditor.
Securitised Company gets all the Right of secured creditor.
All of the above.
None of these.

5.The unfair Trade Practice includes:

Quality and Quantity
Potency and Purity
Standard and price of goods and services.
All of the above.
None of these.

6.Which of the following complaints can be lodged with the Banking Ombudsman regarding loans?

Non-charging of interest as per RBI guidelines.
Delay in disposal of loan applications beyond prescribed time limit of RBI.
Not granting the loans as per guidelines.
All of the above.
None of these.

7.The difference between Sale and Bailment is:

Ownership is transferred to Buyer in the sale.
Buyer has no obligation to return the goods.
In the contract of Bailment- both (1)and (2)are not applicable.
both (1) and (2).
None of these.

8.Which of the following is not the essential of a contract?

Transfer of ownership.
Immediate delivery of the goods.
The contract must satisfy essentials of a valid contract.
Goods must be a movable property.
None of these.

9.A private company is which:

Restricts the right to transfer its shares.
Limits the number of members to 50.
Restricts the subscription of shares or debentures from the public.
All of the above
None of these.

10.Which of the following are the duties of a Bailor?

To disclose all the faults and defects in the goods Bailed.
Bailor must compensate the loss to Bailee.
Duty of the Bailor is to make aware the Bailee all the risk factors associated with the goods.
All of the above.
None of these

Thank you.. visit again