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September 26th, 2016, 04:23 PM
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Join Date: Mar 2012
Re: IBPS Syndicate Bank Promotion

I will get the promotion paper of Syndicate Bank for IBPS Clerk post so that you can solve it easily and get idea.

Here is the paper
Q1: Bitcoins are increasingly being accepted by legitimate businesses around the world. Which of the following regarding "Bitcoin" is correct?

(A) Bitcoin is a virtual currency that is unregulated by any central bank or government, but still works for purchasing goods and services from retailers.

(B) Bitcoin is a virtual currency that is regulated by central bank or government and works for purchasing goods and services from retailers willing to accept it.

(C) Bitcoins is based on a centralized, peer-to-peer network, i.e., it has a central clearing house.

(D) Bitcoin is a virtual currency that is unregulated by any central bank or government, but still works for purchasing goods and services from retailers only if retailers are willing to accept it.

Q2: During the global financial crisis, central banks in advanced economies deployed a variety of measures. One among them is "quantitative easing (QE)". Which of the following features are correct regarding QE?

(A) Quantitative easing is adopted by the government by keeping the money supply in the economy constant.

(B) Quantitative easing is adopted by the government by increasing the money supply in the economy.

(C) Quantitative easing is adopted by the government by decreasing the money supply in the economy.

(D) The idea behind QE is to encourage savings by individuals and businesses

Q3: Global Finance Magazine in its survey has named which of the following banks as the most safest emerging market banks in Asia

(A) China Development Bank

(B) Singapore Development Bank

(C) Bank of China

(D) State Bank of India

Q4: Who has taken over charge as the first woman chairperson of State Bank of India

(A) Arundhuti Bhattacharya

(B) Usha Anantha Subramanyam

(C) Aruna Shukla

(D) Usha Thorat

Q5: As per RBIs notification, RBI will shortly issue which denomination Bank notes incorporating Rs. Symbol on the obverse and reverse, without inset letter in both the numbering panels in the Mahatma Gandhi Z series 2005 bearing the signature of Dr. Raghuram G Rajan, Gov RBI and year of printing '2013' printed on the reverse of the Banknote.

(A) Rs. 10 denomination

(B) Rs 20 denomination

(C) Rs. 50 denomination

(D) Rs. 100 denomination

Q6: Which of the following banking System is generally referred to involvement of financial intermediaries in aiding credit creation without regulatory oversight.

(A) Tiered Banking

(B) Shadow Banking

(C) Multiple banking

(D) Universal banking

Q7: With an initial capital of Rs ___________ crore, Bhartiya Mahila Bank would provide dedicated financial services to women in general and women self help groups

(A) Rs. 1000 cr

(B) Rs. 2000 cr

(C) Rs. 2500 cr

(D) Rs 500 cr

Q8: "Aapka paisa aapke haath", refers to the _____________ under which a modest and cautious beginning has been made on the 1st of January, 2013. Nearly 11 lakh beneficiaries have received the benefit directly into their bank accounts.

(A) Direct Transfer Scheme

(B) Direct Benefit Transfer Scheme

(C) Direct Bank Transfer Scheme

(D) Direct Bank Transfer mode

Q9: The Finance Minister in his Budget speech had announced that SEBI would frame guidelines for "Angel Investor Pools". With regard to the above, which of the following are not correct?

(A) An Angel Investor can be an individual or a group who provides capital to one or more start up companies

(B) They provide capital to one or more start up companies

(C) Such investments are characterized by high risk and high return on investments

(D) Such investments are characterized by low risk and high return on investments

Q10: The RBI is planning to introduce polymer or plastic Rs. 10 notes in 5 major places. Which of the following places is not one of these?

(A) Shimla

(B) Kochi

(C) Tripura

(D) Jaipur

Q11: Finance Ministry has asked Reserve Bank of India to allow common ATMs that will be owned and managed by non banking entities hoping to cut transaction cost for banks. Such ATMs are called

(A) White label ATM

(B) Off Site ATM

(C) On site ATM

(D) Third party ATM

Q12: The GOI and RBI are making all the effort to provide banking facilities to all the villages in the country, This is a part of their policy of

(A) Pradhan Mantri Adarsh Gram Yojana

(B) Financial inclusion

(C) Swabalambhan

(D) PURA

Q13: The body which regulates Stock Exchanges in India

(A) CBI

(B) CID

(C) SEBI

(D) NSC

Q14: Interest rate payable on saving bank account is

(A) regulated by RBI

(B) regulated by State Govt

(C) regulated by Finance Ministry

(D) Deregulated

Q15: What is core inflation

(A) It is the inflation rate of a particular basket of commodities

(B) It is the sudden increase in prices of certain amount of food grains

(C) It is caused by supply shocks in certain essential commodities.

(D) It is the sudden decrease in supply of all goods and services.

Q16: What is the limit in Private Sector Bank for Foreign Direct Investment is

(A) 0.74

(B) 0.75

(C) 0.98

(D) 0.51

Q17: RBI directed banks not to provide loan to its customers for purchase of

(A) Silver

(B) Gold

(C) Both Silver and Gold

(D) None of these

Q18: Decision on annuling the commission of small savings was taken by Govt based on the report of which committee?

(A) K C Chakravarty Committee

(B) Leeladhar Committee

(C) Usha Thorat Committee

(D) Shyamala Gopinath Committee

Q19: Which State Govt in India will introduce a cash compensation policy for housewives with less than Rs. 3 lacs annual income

(A) Karnataka

(B) Goa

(C) Maharashtra

(D) Delhi

Q20: The Union Finance Minister has launched the IRDA's Insurance Repository System (IRS). Which of the following is not correct about IRS

(A) Insurance Repository is authorized only to maintain the policies in physical form

(B) Insurance Repository provide a service record of all insurance policies.

(C) The repository acts as a single stop for several policy service requirements.

(D) The repository will issue a unique code number to all policy holders

Q21: Isurance Repository is formed and registered under

(A) Companies Act 1956

(B) IRDA Act 1999

(C) Partnership Act 1932

(D) None of these

Q22: Which one of the following entity is not authorised to open e-insurance accounts?

(A) Central Insurance Repository Limited

(B) SHCIL Projects Limited

(C) NSDL Database Management Limited

(D) Kotak Insurance Repository Limited

Q23: How many entities are authorised to open e-insurance accounts?

(A) 4

(B) 5

(C) 6

(D) 7

Q24: Which banking is a genre of financial services, that shuns the very idea of interest rates and is founded on the principles of profit sharing

(A) Islamic Banking

(B) Land Development Banking

(C) Consumer Banking

(D) Exchange Banking

Q25: It now becomes the first state to start a Sharia-based NBFC. Which of the following state has been allowed by RBI to start Sharia based NBFC?

(A) Kerala

(B) Tamil Nadu

(C) Andhra Pradesh

(D) Karnataka


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