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June 2nd, 2016, 04:37 PM
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Join Date: Mar 2013
Re: IBPS Specialist Officer Paper PDF

Hey buddy the Institute of Banking Personnel Selection is an autonomous agency in India, which started its operation in 1975 as Personnel Selection Services.

1) On which banking system the present development of banking is dependent?

A) British

B) American

C) China

D) None

2) On which date, nationalization was done of 14 main banks?

A) 19 July, 1969

B) 13 June, 1969

C) 15 August, 1970

D) 15 September, 1969

3) What is the main aim of Land Development Bank?

A) Long term investment in Agriculture

B) Short term investment in Agriculture

C) Investment in Agriculture tools

D) None

4) Who has authority on full share capital of Nationalised Banks?

A) Central Government

B) State Government

C) Finance Minister

D) None

5) Under sec.4, who has authority or power to suspend operation of Act related

With any bank?

A) Central Government

B) State Government

C) Finance Commission

D) None

6) When Banking Regulation Act comes into force?

A) 16 March, 1949

B) 16 April, 1949

C) 10 March, 1949

D) 16 June, 1949

7) According to current case of Supreme Court, which conditions should

Followed by seller that can bound the bank to follow his demand?

A) Bank of Gurantee or Letter of Credit

B) Document gurantee

C) Promissory note

D) None

8) In Board of Directors should have special knowledge or practical

Experience about agriculture & village, economics, co-operative &

Small-scale industry?

A) 2

B) 4

C) 5

D) 6

9) Which court is bounded to order for re-checking of applicant’s money

And re-establishment of property?

A) High Court

B) District Court

C) Cession Court

D) Both A and B

10) Under sec.10A, sub-clause(3) , for the purpose of reconstruction, if

There is necessity of retirement of any director or directors, then

According to which method decision is taken?

A) Lotus method

B) Notes method

C) Votes method

D) None

IBPS Specialist Officer Paper for the Law officer post







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