in a project. earlier, the navaratna companies could invest · pdf file ·...

GuruBankin November 20174

Bharat Petroleum Corporation Limited (BPCL) announcedthat the government of India, vide letter dated September 12,2017 has conferred BPCL with Maharatna Status. Accordingly,the Bharat Petroleum Corporation is entitled to exercise thepowers of a Maharatna Company as governed by relevantguidelines issued by the Department of Public Enterprises.

Presently it has a Navratna status. The decision to elevateBPCL to Maharatna status was taken by a panel headed byCabinet secretary and an announcement to this effect may bemade soon. BPCL will be the eighth Central Public SectorEnterprises (CPSE) to get the coveted Maharatna status. Thestatus will enable BPCL Board to get enhanced powers whichwill help in the expansion of its operations, both in India andabroad.

ABOUT THE BPCL

BPCL is an Indian State-controlled Maharatna oil and gascompany headquartered in Mumbai (Maharashtra). Thecorporation operates two large refineries of the country locatedat Mumbai and Kochi. The company is ranked 358th on theFortune Global 500 list of the world's biggest corporations asof 2016.

What is Maharatna Scheme?

A Maharatna Company criterion is based on a purely financialhealth of the company. The government had introducedNavratna scheme, in 1997, to identify CPSEs that hadcomparative advantages and to support them in their drive tobecome global giants.

The Boards of Navratna CPSEs have been delegatedpowers in the areas of Capital expenditure, Investment injoint ventures / subsidiaries, Mergers & acquisition andHuman resources management, etc.

In 2009, the government established the Maharatna status,which raises a company’s investment ceiling from` 1000-5000 crore. The Maharatna firms would now befree to decide on investments up to 15% of their net worthin a project. Earlier, the Navaratna companies could investup to ` 1000 crore without government approvals.

Criteria for Grant of Maharatna Status

n Having Navratna status.n Listed on Indian stock exchange with minimum prescribed

public shareholding under SEBI regulations.n Average annual turnover of more than ` 25000 crore,

during the last 3 years.n Average annual net worth of more than ` 15000 crore,

during the last 3 years.n Average annual net profit after tax of more than ` 5000

crore, during the last 3 years.n Should have significant global presence/international

operations.

LIST OF MAHARATNAS

As on September 13, 2017 there are 8 Maharatnas, 16Navratnas and 73 Miniratnas. There are nearly 300 CPSEsin total. List of Maharatna are as followsn Bharat Petroleum Corporation Limited(BPCL)n National Thermal Power Corporation(NTPC)n Oil and Natural Gas Corporation(ONGC)n Steel Authority of India Limited(SAIL)n Bharat Heavy Electricals Limited(BHEL)n Indian Oil Corporation Limited(IOCL)n Coal India Limited(CIL)n Gas Authority of India Limited(GAIL)

ABOUT THE NAVRATNAS

The Navratna status is offered to PSEs, which gives acompany enhanced financial and operational autonomyand empowers it to invest up to ` 1000 crore or 15% oftheir net worth on a single project without seekinggovernment approval. In a year, these companies canspend up to 30% of their net worth not exceeding ` 1000crore. They will also have the freedom to enter jointventures, form alliances and float subsidiaries abroad. Acompany must first be a Miniratna and have 4independent directors on its board before it can be made aNavratna.

ABOUT THE MINIRATNAS

Miniratnas can also enter into joint ventures, set subsidiarycompanies and overseas offices but with certainconditions. Two categories of ‘Miniratnas’ MiniratnaCategory-I have made profits continuously for the lastthree years or earned a net profit of ` 30 crore or more inone of the three years. Miniratna Category-II have madeprofits continuously for the last three years and shouldhave a positive net worth.

Maharatna Statusto Bharat Petroleum

CURRENT REVIEW

BANKING AND

ECONOMICANALYSIS


ABBREVIATIONS

ANBC Adjusted Net Bank Credit

ASSOCHAM Associated Chambers of Commerce and Industry of India

BCSBI Banking Codes and Standards Board of India

BER Bank Exchange Rate

BFSI Banking Financial Services and Insurance

CBS Core Banking Solutions

CGRA Currency & Gold Revaluation Account

CPSE Central Public Sector Enterprise

CTS Cheque Truncation System

DCCB District Central Cooperative Bank

DNBS Department of Non-Banking Supervision

EFT Electronic Funds Transfer

FEDAI Foreign Exchange Dealers’ Association of India

FRBM Fiscal Responsibility And Budget Management

IBA Indian Banks’ Association

IDRBT Institute for Development & Research in Banking Technology

MMMF Money Market Mutual Fund

NEFT National Electronic Funds Transfer

PPF Public Provident Fund

REER Real Effective Exchange Rate

ADB LOWERS INDIA’S

GROWTH OUTLOOK TO

7% FOR 2017-18

The Asian Development Bank (ADB) hasslashed India's GDP growth forecast onSeptember 26, 2017 for the current fiscalto 7% from 7.4% owing to weakness inprivate consumption, manufacturingoutput and business investment. The 7%GDP growth expected in 2017-18 is lowerthan 7.1% recorded in 2016-17 and itsearlier projection of 7.4% in July.

ADB pencilled in 7.4% for 2018-19,down from the earlier forecast of 7.6% inJuly. The ADB raised its forecast forChinese economic growth to 6.7% in2017 from 6.5% and upped its estimatefor 2018 to 6.4% from 6.2%.

ECONOMIC ADVISORY

COUNCIL

RECONSTITUTED

Prime Minister Narendra Modireconstituted the Economic AdvisoryCouncil (EAC) under the Chairmanshipof Bibek Debroy on September 25, 2017.Bibek Debroy is an economist andmember of NITI Aayog. NITI Aayog’sPrincipal Advisor and former FinanceSecretary Ratan Watal has been mademember-secretary of EAC.

Members of EAC are Economist SurjitBhalla, National Institute of PublicFinance, Policy director Rathin Roy andProfessor Ashima Goyal, Indira GandhiInstitute of Development Research.Previous Chairperson of EAC, duringPrime Minister Manmohan Singh’s periodwas, former RBI Governor, C. Rangarajan.

IRDAI HAS FORMED A

TEN-MEMBER

COMMITTEE

Insurance regulator IRDAI has formed aten-member committee on September 24,2017 to help in implementing the newrisk-based capital (RBC) regime and it willalso enhance protection to policyholders.The committee will be headed by IRDAIMember (Actuary), Pournima Gupte.Other nine members of the committeeinclude four IRDAI officials.

5


CURRENT

The ten-member committee work is to ensure smooth and timelyimplementation of RBC regime from existing solvency capital regime andensure completion of the project as per target. The new RBC Regime isexpected to be implemented by March 2021 while the current Solvency Regimewill continue till switch over to the RBC Regime.

ACKO GENERAL INSURANCE GETS IRDAI NOD

Insurance Regulatory and Development Authority of India (IRDAI) gave thefinal approval to online non-life insurance company Acko General InsuranceLtd on September 23, 2017. Acko General Insurance Ltd. would start operatingin December 2017. The Insurance Company would sell multiple insuranceproducts through online channel. The operations of the company would becompletely digital. Currently the company is working on strengthening itsteam, creating proper digital processes, and making alliances to customiseproducts as per the need of customers.

OECD TRIMED INDIA'S GROWTH FORECAST

TO 6.7% IN FY18

The Organisation for Economic Co-operation and Development (OECD) hasreduced India’s growth forecast on September 22, 2017 from 7.3% to 6.7% in2017-18. It has further trimmed its forecast for India’s growth to 7.2% in2018-19 from an earlier estimate of 7.7%.

The OECD believes that the transitory effects of demonetisation, GSTimplementation and weak environment for business investments have resultedin the downward revision for 2017 growth projections. OECD informed thatGST is expected to increase investments, productivity and growth in the longrun. OECD also informed that there could be further cuts in interest rates inIndia if inflation remains around or lower than 4%.

WORLD TRADE LIKELY TO GROW AT 3.6% IN 2017

The revised estimates of World Trade Organisation (WTO) on September22,2017 stated that the world trade in goods is estimated to grow at a rate of 3.6% in 2017. Growth in world trade for 2017 was earlier predicted as 2.4 % byWTO. Now it has been revised to 3.6 %. The growth rate in 2018 is estimatedto be around 3.2 %.

The reasons for the improved growth rate are stated as Asian trade flows andrecovery of import demand in North America. Also, Global GDP growth hasbeen projected by OECD at 3.5 % in 2017-18 and 3.7 % in 2018-19, withgrowth likely to be higher in the Euro area, Russia, Japan and Canada.

MSE LAUNCHED MEMBER ACTIVATION DRIVE

Metropolitan Stock Exchangeof India (MSE) launched aMember Activation Drive forits members on September 20,2017. MSE introduced aBusiness Loyalty Programcalled MY MSE. This schemewill provide infrastructuralsupport, incentive schemes andlowest transaction charges on all product contracts to its members.

The members should satisfy several business and risk mitigating parameters tobe eligible for the incentive. MSE will reimburse the Clearing Fee paid by itstrading members to their clearing members. This will reduce transaction cost forbrokers. User Id activation fee will be reimbursed for all brokers. MSE will focuson expanding the market by identifying the gaps.

6

Terms for You

ANYWHERE BANKING Refers to

banking not only by ATMs,

Tele-Banking and internet banking, but

also to core banking solutions brought

in by banks where customer can

deposit his money, cheques and also

withdraw money from any branch

connected with the system. All major

banks in India have brought in core

banking in their operations to make

banking truly anywhere banking.

CORE BANKING SOLUTIONS (CBS)

Core Banking Solutions is a buzzword

in Indian banking at present, where

branches of the bank are connected to

a central host and the customers of

connected branches can do banking at

any breach with core banking facility.

GROUP BANKING Group Banking is a

particular bank, offering products and

services to a group of people (like

employees of a single company) at

differential rates which might not have

been available to the employees if they

needed those services or products.

PRIME RATE The interest rate that

commercial banks charge their most

credit-worthy customers. Generally a

bank's best customers consist of large

corporations. The prime interest rate, or

prime lending rate, is largely

determined by the federal funds rate,

which is the overnight rate which banks

lend to one another.

UNDERWRITING It is an agreement by

the underwriter to buy on a fixed date

and at a fixed rate, the unsubscribed

portion of shares or debentures or

other issues. Underwriter gets

commission for this agreement.

V-GYANSAGAR It is a unique initiative

taken by Vijaya Bank to impart financial

literacy to public. It is Android based

mobile application that enables its

subscribers to receive regular updates

on banking and financial news. It

provides explanation of banking

terminologies.

V-QUICKPAY It is unique next

generation bill payment service where

bill payment is made by scanning the

QR code on the bill generated by the

merchant. There is no need to swipe

credit or debit cards. This is truly

unique initiative taken by the Vijaya

Bank.


CURRENT

SEBI ALLOWED REITs & INVITs TO

ISSUE BONDS

SEBI allowed Infrastructure Investment Trusts (InvITs) andReal Estate Investment Trusts (REITs) on September 17,2017 to raise funds by issuing debt securities, in Mumbai.The market regulator also introduced the concept ofstrategic investor in REITs on similar lines of InvITs.

SEBI also allowed single-asset REIT on similar lines ofInvIT. Earlier, these trusts were allowed to raise funds onlythrough equity. Market experts informed that REITs were afailure since they were introduced in 2014 due to certainstrict structure-related norms. No real estate company haslaunched a REIT so far.

GSTN REOPENED

COMPOSITION SCHEME

The GST Network (GSTN) has reopened compositionscheme window facility for small taxpayers with turnover ofup to ` 75 lakh to opt for composition scheme, which offerseasy compliance for business as returns are to be filed onlyquarterly. The window will be open for those taxpayers whohave migrated from earlier excise, service tax or VAT regimeas well as for the newly registered taxpayers.

Earlier, small taxpayers were given time deadline of August2017 to opt for composition scheme. But, only 10.86 lakhtaxpayers, out of total 85 lakh registered businesses had optedfor the scheme. GSTN is a not for profit, non-Government,private limited company incorporated in 2013. The UnionGovernment holds 24.5% equity in GSTN.

INDIA’S GDP GROWTH LIKELY TO

SLIP BELOW 7%

A report by DBS, a multinational banking and financialservices corporation, informed on September 15, 2017 thatIndia’s GDP growth is likely to reduce below 7% thisfinancial year (2017-18). According to DBS, two mainreasons for the downfall are demonetisation in November2016 and GST implementation in July 2017.

These added to the already slow growth in manufacturingand investment sectors. Also note ban reduced cashavailability, affecting heavily the cash sensitive businesseslike construction, logistics, and small and medium sizeenterprises. This GDP downfall would be the lowest in3 years. Recovery would be gradual. Much of recoverycould not be expected in 2017 and 2018.

NPS ENTRY AGE LIMIT RAISED

The Pension Fund Regulatory and Development Authority(PFRDA) has upped the age limit for joining the NationalPension Scheme (NPS) to 65 years from the current 60. Itwas announced by Chairman PFRDA Hemant Contractorat a conference on "Transferring Superannuation Funds toNational Pension System".

It is a contribution based pension scheme aimed atproviding income in retirement years with market-basedreturn over the long term.

Under NPS, there are two types of accounts : Tier I and Tier II.While the Tier I account is non-withdrawable till the age of 60except in specific situations, the Tier II account is voluntary andcan be withdrawn anytime. NPS account can be opened byIndian citizens above 18 years and less than 65 years ofage(earlier this was 60). Non-resident Indians (NRIs) can alsoopen an NPS account. As of now only 15 to 16% of employeesin India are covered by pensions as 85 % of the workforce isemployed in the unorganised or informal sector.

GLOBAL FINANCIAL CENTRES INDEX

Global Financial Centres Index 2017 was released onSeptember 12, 2017, in which London has retained its 1 rankdespite major issues regarding Brexit. This is the 22nd editionof Global Financial Centres Index. The Global FinancialCentres Index provides ranking of competitiveness for themajor financial centres around the world.

London is followed by New York in the 2nd position andHong Kong in the 3rd. Mumbai has managed to get 60thrank in the list. The rankings were done based on thefollowing 5 areas of competitiveness - Business Environment ,Human Capital , Infrastructure , Financial SectorDevelopment and Reputation.

INDIA RISE ON EASE OF

BUSINESS INDEX

The World Bank had shared its feedback, stating that it hadaccepted many of the reforms claimed by the government onSeptember 13, 2017. India’s rank had improved by just onespot to 130 among 190 countries. India had showed one of itspoorest performances on the parameter of ‘Paying Taxes’ lasttime, ranking 172 among the countries surveyed for thereport.

That, along with an equally lower position in ‘EnforcingContracts’, landed India at the 130th spot, falling behindcountries such as Mexico (38), Russia (51) and Pakistan(138). The ranking considers business environment in Delhiand Mumbai. The ease of doing business index is an indexcreated by the World Bank Group.

IRDAI ALLOWED

ONE-TIME PASSWORD

Insurance Regulatory and DevelopmentAuthority (IRDAI) announced usage ofOTP (One Time Password) for openinge-Insurance Account (eIA) as analternative to electronic signature, inNew Delhi on September 11, 2017. Inorder to facilitate the opening of eIAthrough online or electronic means, theauthority has permitted validation byOne Time Password (OTP). Now, e-signature of the eIAholder on the application form for opening the account isconsidered as a valid authentication. Also IRDAI haspermitted the e-KYC (Know Your Customer)facility offeredby UIDAI (Unique Identification Authority of India) whichprovides unique Aadhaar numbers.

7


CURRENT REVIEW

NATIONALIMPACT

PRADHAN MANTRI LPG PANCHAYAT LAUNCHED

Union Minister of Petroleum and Natural Gas, Mr.Dharmendra Pradhanlaunched the ‘Pradhan Mantri LPG Panchayat’ in Mota Ishanpur village ofGujarat on September 23, 2017. ‘Pradhan Mantri LPG Panchayat’ will focuson spreading awareness among LPG users about the proper use and benefitsof LPG.

This Panchayat will act as an interactive forum for PMUY beneficiaries,officials, LPG distributors and NGOs (Non-Governmental Organisations).Under one Panchayat, around 100 LPG customers will be clubbed. Thecustomers can share their experiences with others.The Panchayats will alsodiscuss about safety practices, quality of service provided by distributors andavailability of refill cylinders.

PT. DEEN DAYAL UPADHAYAY VIGYAN GRAM

SANKUL PARIYOJANA LAUNCHED

The Minister of Science & Technology, Earth Sciences & Environment, Forest& Climate Change, Dr. Harsh Vardhan launched ‘Pt. Deen Dayal UpadhayayVigyan Gram Sankul Pariyojana’ in Uttarakhand on September 22, 2017. Themain idea of this project is to acquire local resources and skill sets andtransform them using science and technology. So the value addition isimparted to the local products and services, which would develop the ruralcommunity.

Four clusters at Gaindikhata, Bazeera, Bhigun (in Garhwal) and Kausani (inKumaon) have been selected in Uttarakhand. Around 1 lakh people will bebenefited from this project in four clusters of 60 villages in Uttarakhand.

Areas of development in these clusters have been identified as processing andvalue addition of milk, honey, mushroom, herbal tea, forest produce, localcrops, and traditional craft and handloom of Uttarakhand. Department ofScience and Technology (DST) has allotted ` 6.3 crore fund for 3 years forthis project.

GOVT. UNVEILED PPP FOR

CHEAP HOUSING

The Central Government announced anew PPP Policy to improve affordablehousing on September 21, 2017. Underthe existing ‘Housing For All’ policy,buyers purchasing a low-end house from aprivate developer will be eligible forfinancial help.The central government hasannounced a new PPP Policy which willcater to all segments.

There are 8 models in PPP. Out of which,6 models utilise government lands and2 models utilise private lands. Eligiblebuyers can avail financial assistance ofabout ` 2.50 lakh per house as interestsubsidy on bank loans, from the CentralGovernment.

INTERNATIONAL TEXTILE

AND APPAREL FAIR HELD

VASTRA 2017 – International Textile andApparel Fair was held at the JaipurExhibition & Convention Centre inJaipur, Rajasthan on September 21 to 24,2017. This is the 6th edition of VASTRA.VASTRA was started in 2012.

The fair was organised by Rajasthan StateIndustrial Development and InvestmentCorporation Ltd. (RIICO) andco-organised by FICCI. Main focus of thefair is to create business opportunities.VASTRA 2017, has retail sales apart frombusiness forums.

FUGITIVE ECONOMIC

OFFENDERS BILL, 2017

APPROVED

Law Ministry approved the FugitiveEconomic Offenders Bill 2017, in NewDelhi on September 18, 2017. TheFugitive Economic Offenders Bill 2017would enable the government to seize theproperty of economic offenders anddefaulters who escape from India, througha new provision.

According to the law, a ‘fugitive economicoffender’, means an individual againstwhom an arrest warrant has been issued foran economic offence and the person hasescaped from the country and refuses toreturn to face criminal prosecution. Thislaw would be applicable in cases where thevalue of offence is more than ` 100 crores.


CURRENT REVIEW

SPORTS SCAN

FOOTBALL

CALCUTTA FOOTBALL LEAGUE

East Bengal won the Calcutta Football League (CFL) title for the 8thconsecutive time at the Kanchenjunga Stadium, in Siliguri, West Bengal onSeptember 24, 2017. East Bengal has created a new record by winning theCalcutta Football League (CFL) title for the 8th consecutive time. The titlewinner was decided based on the number of goals scored. East Bengal Club hadscored 28 goals. Whereas, Mohun Bagan Club had scored only 22 goals. It haswon all the CFL titles since 2010.

BADMINTON

KOREA OPEN 2017

PV Sindhu became the first Indian badminton player to lift the title in Koreaafter she beat Nozomi Okuhara in the women’s singles final at Korea OpenSuperseries in Seoul on September 17, 2017. This was her third Super Series titleand second this year. In a rematch of the World Championships final which waswon by Okuhara, Sindhu avenged her loss from Glasgow and won the KoreaOpen Superseries final 22-20 11-21 21-18 and claimed the title. With thisvictory, Sindhu became first Indian to win Korea Super Series crown. Sindhu wasawarded Padma Shri in 2015, India’s fourth-highest civilian honour.

BASKETBALL

2ND SABA U-16 CHAMPIONSHIP

India won the Second South Asian Basketball, SABA, Under – 16Championship, in Kathmandu, Nepal on September 9, 2017. India won all its4 matches and obtained a total of 8 points. In its last match India defeatedBhutan by 131 – 50 points. India was followed by Bangladesh in the 2ndposition and Nepal in the 3rd. India has now qualified for the 2017International Basketball Federation, FIBA, Under-16 Asian Championship tobe played in Malaysia, in 2017.

SQUASH

MALAYSIAN TOUR 2017

Harinder Pal Sandhu has won theMalaysian Squash Tour on September 10,2017. The tournament was held in inKuala Lumpur. He beat Malaysia’sMohammed Syafiq Kamal to win the finalmatch. This is his 21st consecutiveinternational match to win in a row.Sandhu’s winning run this year startedwith the title win on the Malaysian SquashTour IX event in May followed by his titlewin in the Second Nissan Open SquashChampionships. Sandhu then won theSouth Australian Open in Adelaide in Julybefore becoming champion in theVictorian Open the same month, Sandhu’sfirst M10 title win.

TENNIS

US OPEN 2017

The US Open Tennis 2017 was held fromAugust 22 to September 10, 2017, onhard courts at the USTA Billie Jean KingNational Tennis Center, in New York. Itwas the 137th edition of the US OpenTennis and the 4th and final Grand Slamevent of 2017. It was run by theInternational Tennis Federation (ITF).Rafael Nadal was the winner of Men'sSingles. With this win, Nadal captured histhird US Open title and his 16th GrandSlam title overall.

List of winner -

Event Winner Runner-Up

Men's Singles Rafael Nadal(Spain)

Kevin Anderson(South Africa)

Women'sSingles

SloaneStephens (US)

Madison Keys(US)

Men's Doubles Jean-JulienRojer(Netherlands) /Horia Tecau(Romania)

Feliciano Lopez(Spain) / MarcLopez (Spain)

Women'sDoubles

Chan Yung-Jan(Chinese Taipei)/ Martina Hingis(Switzerland)

Lucie Hradecka/ KaterinaSiniakova(CzechRepublic)

Mixed Doubles Martina Hingis(Switzerland) /Jamie Murray(UnitedKingdom)

ChanHao-ching(Chinese Taipei)/ MichaelVenus(NewZealand)


CURRENT

31

MOTORBIKE RACE

WORLD CHAMPIONSHIP

Ana Carrasco of Spain became the first female to winan individual World Championship motorbike race, inPortugal on September 17, 2017.

She has become the first female to win an IndividualChampionship motorbike race. She finished 0.053seconds ahead of Alfonso Coppola from Italy, whofinished in the second position. Ana Carrasco madeher debut in the world motorbike championship in2013.

FORMULA 1

SINGAPORE GRAND

PRIX 2017

Mercedes’ Lewis Hamilton won the Formula 1Singapore Grand Prix, in Singapore on September 17,2017. Lewis Hamilton finished the race first and wonthe Singapore Grand Prix. He was followed by RedBull’s Daniel Ricciardo in the 2nd position andMercedes’ Valtteri Bottas in the 3rd. Hamilton’s rivalSebastian Vettel withdrew in the middle of the racedue to his damaged Ferrari car.

SHOOTING

ISSF SHOTGUN WORLD

CHAMPIONSHIPS 2017

India’s Ankur Mittal has won the silver medal in themen’s double trap event at the ISSF Shotgun WorldChampionships held in Moscow from August 30 toSeptember 11, 2017. The ISSF World ShootingChampionships are governed by the InternationalShooting Sport Federation.

World Shooting Championships began in 1897. In thejunior men's double trap team event, India won thegold with a combined score of 401 and 17-year-oldAhvar Rizvi won a silver medal in the individual event.India was in the fourth spot with one gold and twosilver medals. Medal summary -

Seniors

Rank Nation Gold Silver Bronze Total

1 Italy 6 1 2 9

2 United States 3 1 1 5

3 Russia 2 2 2 6

Juniors


1 Italy 3 4 1 8

2 United States 2 1 4 7

3 India 1 1 0 2

BOXING

CHIEF MINISTER’S CUP

Maharashtra has won the Chief Minister’s Cup at Nationalkickboxing championship. It has 45 gold medals. The Nationalkickboxing championship is being held in Raipur. Chhattisgarhsecured second position with 27 gold and Haryana secured thirdposition with 15 gold medals. Nearly two thousand players from27 states participated in the four-day event.

AIBA WORLD CHAMPIONSHIPS 2017

The 2017 edition of AIBA worldboxing championships was hosted byHamburg, (Germany) from August 25to September 2, 2017. Gaurav Bidhuricompleted his dream debut at theAIBA World Boxing Championshipswith a bronze in the bantamweightcategory (56kg), becoming the fourthIndian ever to win a medal at theglobal meet.

Medal table of top four countries -


1 Cuba 5 2 0 7

2 Uzbekistan 1 3 2 6

3 Kazakhstan 1 2 3 6

4 Azerbaijan 1 0 1 2

CHESS

2ND WESTERN ASIA YOUTH

CHAMPIONSHIP 2017

Rishabh Shah from Mumbai has won the two bronze medals in theunder-14 rapid and blitz formats of the 2nd Western Asia YouthChess Championship which was in the recent has held in theWaskaduwa in Sri Lanka. Sri Lankas Candidate Master GMHThilakarathne picked the gold with a tally of six points, whileBangladeshs Mohammad Fahad Rahman finished with 5.5 pointsbagging the silver.

U-12 CADET CHAMPIONSHIPS

Nagpur-based Divya Deshmukh clinched the gold medal in the thegirls’ U-12 category on September 4, 2017 at the World CadetsChess Championship at Pocos de Caldas, Brazil. She scored a totalof 9.5 points to give India its only medal in the championship thisyear. It is Divyas second world title after her victory in theunder-10 World Youth Chess Championship in Durban in 2014.

She had previously won the U-10 Asian blitz event in early 2014and won the rapid and standard formats in the Asian SchoolsChampionship in 2012.

In 2013, she had become the youngest woman FIDE Master. Shehad won gold in the blitz section, silver in rapid and bronze in theclassical version in the Asian Youth Championship held inUzbekistan in April 2016.


CURRENT

32

SPORTS PERSONALITIES

KULDEEP YADAV

Chinaman bowler Kuldeep Yadav has become the first Indianspinner to take a hat-trick in ODI cricket during the secondmatch of the ongoing series against Australia at Eden Gardens,Kolkata on September 22, 2017. Yadav took the wickets ofMatthew Wade, Ashton Agar and Pat Cummins in consecutiveballs in his eighth over. He became only the third Indian afterKapil Dev (1991) and Chetan Sharma (1987) to take a hat-trickin an ODI.

PRIYANKA PANWAR

Asian Games gold medalist Priyanka Panwar was suspended foreight years after she tested positive for a banned performanceenhancing drug, in New Delhi on September 12, 2017. She hadtested positive for a banned stimulant during a national inter-stateathletics competition in 2016. The ban is for eight years witheffect from July 2016. According to the rules of NADA, a persontested positive for drugs for the second time will get a maximumban of 8 years.

JOYCILLINE JEPKOSGEI

Joycilline Jepkosgei of Kenya broke her own 10 km road worldrecord, in Prague, Czech Republic on September 11, 2017. Shehas become the first woman to run 10 km distance under 30minutes on road. She ran for 29 minutes 43 seconds at the BirellPrague Grand Prix and broke her previous record of 30 minutes 4seconds. Jepkosgei has broken a total of five records this year. Shehas set new marks for the 10km, 15km, 20km and half-marathon.

SAMURAI TETE

Former India Women’s Hockey captain Sumurai Tetewas awarded Dhyan Chand Award 2017 on theoccasion of National Sports Day on August 29, 2017 bythe President Ramnath Kovind at a function held atRasthrapati Bhawan in New Delhi. Sumurai hasbecome the first woman from Jharkhand to bag theprestigious national award.She received statuettes,certificates and cash prize of ` 500000 each for herachievements and contribution to Field hockey in India.Under Sumrai Tete’s captaincy that Indian evesclinched Commonwealth Games hockey silver atMelbourne in 2006.

NOTEBOOK

EMBLEM AND SLOGAN FOR FIFA

WOMEN’S WORLD CUP 2019

UNVEILED

The official emblem and slogan for FIFA Women’s WorldCup France 2019 were unveiled in Paris, France onSeptember 21, 2017. The slogan of the tournament “DareTo Shine” reflects the development of football, especiallywomen’s football. The emblem features the competitiontrophy wrapped in blue and white, with eight shards oflight around football at the top of the trophy.Itsymbolizing the eighth edition of the FIFA Women’sWorld Cup. The 2019 edition of FIFA Women’s WorldCup will be take place from June 7 to July 7, 2019.

FIFA U-17 WORLD CUP LOGO

LAUNCHED

Kerala Chief Minister Shri Pinarayi Vijayan haslaunched the host city logo for Kochi on August 29,2017. The logo represents and reflects Kochi’s identityand will be a valuable tool in linking the localcommunity in a global World Cup. The 2017 FIFAU-17 World Cup will be the 17th edition of the FIFAU-17 World Cup. It will be the first FIFA tournamenthosted by India. The tournament will be hosted byIndia between October 6 and 28, 2017.

Other Tournaments/Events

Name Related Facts

Futures Tennis Title(September 24, 2017)

• Sasi Kumar Mukund of India had wonhis second straight Futures title.

• He defeated Arjun Khade by 6-3, 6-4 inthe singles final of the LMW ITF Men’sFutures tennis tournament.

• Mukund and Khade had teamed up forthe doubles but lost in the final toChandril and Lakshit Sood.

Italian Grand Prix(September 3, 2017)

• Lewis Hamilton has won the ItalianGrand Prix 2017 to take lead inFormula-1 title race. The 2017 ItalianGrand Prix was a Formula One motorrace held at the Autodromo NazionaleMonza in Monza, Italy.

CURRENT REVIEW

AWARDS ANDHONOURS

UNHCR NANSEN REFUGEE AWARD

A Nigerian lawyer Zannah Mustapha was awarded with UNHCR NansenRefugee Award on September 19, 2017. He worked for the rights of displacedchildren growing up amid violence in north-eastern Nigeria.

He helped in the release of more than 100 schoolgirls kidnapped by BokoHaram. He founded a school in 2007 in Maiduguri the capital of Borno Stateand the epicentre of the Boko Haram insurgency. The school provides a freeeducation, as well as free meals, uniforms and health care, to children affectedby violence.

69TH PRIMETIME EMMY AWARDS 2017

The 69th Annual PrimeTime Emmy Awards ceremony took place at theMicrosoft Theater in Los Angeles, California, United States on September 18,2017. The Annual Prime Emmy Awards honours the best US televisionprogrammes broadcasted from June 1, 2016 to May 31, 2017.

The award winners were chosen by the Academy of Television Arts &Sciences.The ceremony was hosted by Stephen Colbert. This is the first time inEmmy Awards’ history a series from an online streaming network wins theOutstanding Drama Series Award among television series.

GLOBAL DIVERSITY AWARD 2017

Salman Khan was awarded Global Diversity Award at Britain’s House ofCommons, in London on September 15, 2017. The award was given toSalman Khan by Keith Vaz, the longest serving Indian-origin MP in BritishParliament.

The award was given for his contribution to the Indian film industry as anactor, producer, television personality, singer and philanthropist. Otherrecipients who received this award previously are Indian actors AmitabhBachchan, Aishwarya Rai, Shah Rukh Khan, Chinese actor Jackie Chan,Bangladesh Prime Minister Sheikh Hasina, American Civil Rights leader JesseJackson and Formula One driver Lewis Hamilton.

RAJBHASHA KIRTI

PURASKAR 2017

Vijaya Bank has bagged the first prizeunder the Rajbhasha Kirti Puraskar(Region C) for the year 2016-17. It gotthe award for active implementation ofHindi in its day-to-day activities.

President Ram Nath Kovind gave away theaward to the Managing Director and ChiefExecutive Officer, RA Sankara Narayanan.Vijaya Bank is a public sector bank with itscorporate office in Bangalore, Karnataka. Itis one of the nationalised banks in India.

KRISHI PRAGATI AWARD

Raghunandan Industries Private Limitedwas awarded Krishi Pragati Award 2017,by NCDEX, in New Delhi on September7, 2017. The Krishi Pragati Award 2017has been awarded to appreciate theoutstanding contribution made byRaghunandan Industries in the area ofAgricultural Commodities.

Mr.Ram Vilas Paswan (Minister ofConsumer Affairs, Food and PublicDistribution) and Mr. Arjun RamMeghwal (Union Minister of State forFinance & Corporate Affairs) gave awaythe award to Mr.Saurabh Mittal, Founder& MD of Raghunandan Money.Raghunandan Industries, is a part ofRaghunandan Money Group.

74TH VENICE FILM

FESTIVAL AWARDS 2017

The 74th annual Venice International FilmFestival was held from August 30 toSeptember 9, 2017. The most importantaward is the Golden Lion at the VeniceBiennale and considered one of the mostprestigious film awards, like the GoldenPalm in Cannes and the Golden Bear ofBerlin. Details of the awards -n Golden Lion – The Shape of Water,

directed by Guillermo del Toro

n Grand Jury Prize – Foxtrot, directed by

Samuel Maoz

n Silver Lion – Best Director Xavier Legrand,

Jusqu’à la Garde

n Best Film – Nico, 1988, directed by

Susanna Nicchiarelli

n Best Director – Vahid Jalilvand, No Date,

No Signature

n Best Actress – Lyna Khoudri, Les Bienheureux

n Best Actor – Navid Mohammadzadeh, No

Date, No Signature


1. The National Conference on‘Insolvency and Bankruptcy: ChangingParadigm’ was held in which city?

a. New Delhi b.Chennai c.Mumbaid.Patna e.Ranchi

2. The United Nations (UN) haslaunched which global campaign for 2017World Humanitarian Day (WHD)?

a. Share Humanity b. Not Atargetc. Help d. Protect Civiliane. Pretarget

3. Which country will host the 2017 FIFAUnder-17 World Cup 2017?

a. Japan b. The UK c. Russiad. India e. China

4. Which of the following States isIndia’s largest Bauxite producer?

a. Jharkhand b. Rajasthan c. Karnatakad. Odisha e. Bihar

5. India’s first uranium mine is located atwhich among the following places?

a. Jadugauda b. Tummalapallec. Pichli d. Dalbhume. None of these

6. Who of the following have beenselected for the 2017 Rajiv Gandhi KhelRatna Award?

a. Brij Bhushan Mohanty and Syed ShahidHakim

b. Varun Singh Bhati and SV Suni

c. Devendra Jhajharia and Sardar Singh

d. Harmanpreet Kaur and PN Prakash

e. Brij Bhushan Mohanty and Ritesh Ranjan

7. The National Sports Museum will beestablished in which city?

a. Indore b. Varanasi c. Suratd. New Delhi e. Patna

8. Who is leading the Indian delegationin the Shanghai CooperationOrganisation (SCO) meeting on disasterprevention?

a. Rajnath Singhb. Sushma Swarajc. Arun Jaitleyd. Narendra Singh Tomare. None of the above

9. The 2017 International Day for theRemembrance of the Slave Trade and itsAbolition is observed on which date?

a. August 22 b. August 23 c. August 24d. August 25 e. August 28

10. Which former RBI Governor hasauthored the book ‘I Do What I Do’?

a. Duvvuri Subbarao b. Rahguram Rajanc. Manmohan Singh d. Amitav Ghoshe. V. Subbarao

11. Who has won bronze in the 2017women’s singles World BadmintonChampionships (WBC)?

a. Vivek b. Ashwini Ponnappac. Jwala Gutta d. PV Sindhue. Saina Nehwal

12. The National Sports Talent SearchPortal has officially launched in whichcity?

a. Guwahati b. Jaipurc. Bhopal d. New Delhie. Patna

13. The Reserve Bank of India (RBI) hasrecently approved Spice Digital toprocess bill payments under BBPS.Where is the headquarters of the SpiceDigital located?

a. Chandigarh b. Noidac. Kochi d. Chennaie. Jaipur

14. Which country has launched theworld’s first climate-smart snow-leopardplan?

a. Nepal b. Indiac. Bangladesh d. Bhutane. China

15. Which of the following State/UTpolice has launched a skill developmentprogramme ‘YUVA’?

a. Puducherry Police b. Karnataka Policec. Delhi Police d. Uttar Pradesh Policee. Bihar Police

16. Who has been appointed as the newElection Commissioner (EC)?

a. Gautam Jain b. Satinder Nangiac. Neelam Joshi d. Sunil Arorae. Aashish Singh

17. ISRO had launched navigationsatellite IRNSS-1H into orbit, but themission has failed. It was launch bywhich rocket vehicle?

a. PSLV C35 b. PSLV C37c. PSLV C38 d. PSLV C39e. PSLV C44

18. Which of the following country ishosting the 2017 International HinduConference (IHC)?

a. Nepal b. India c. Sri Lankad. Bhutan e. China

19. Who has been appointed as the newChairperson of Central Board ofSecondary Education (CBSE)?

a. Tina Joshi b. Pritam Chaturvedic. Sohail Mahmood d. Anita Karwale. Priya Mittal

20. The world’s highest sandcastle hasrecently built in which country?

a. Germany b. Indiac. China d. South Africae. None of these

21. Who has been appointed as the newUnion Minister of Railways?

a. Piyush Goyalb. Nirmala Sitharamanc. Dharmendra Pradhand. Mukhtar Abbas Naqvie. None of the above

22. Which State government willprovide free education to girls up tograduation?

a. Tamil Nadu b. Odisha c. Assamd. Karnataka e. Bihar

23. Which of the following city ishosting the 9th edition of BRICSsummit-2017?

a. Tianjin b. Xiamen c. Chongqingd. Beijing e. XingXang

24. Who has become the firstwicket-keeper in world cricket to effect100 stumpings in One Day Internationals(ODI)?

a. Peter Handscombb. Mahendra Singh Dhonic. Dane Vilasd. Luke Ronchie. None of the above

25. Who has been appointed as the newUnion Minister of Skill Development?

a. Alphons Kannanthanamb. Anant Kumar Hegdec. Ashwini Kumar Chaubeyd. Dharmendra Pradhane. Nirmala Sitharaman

26. Which of the following company haswon the coveted Indian Premier League(IPL) media rights for 2018-23?

a. Sony b. Star India c. Vivod. Adidas e. Zee TV

27. Which of the following Stategovernment has launched Gyankunje-class project?

a. Tamil Nadu b. Punjab c. Bihard. Gujarat e. Karnataka

40

ObjectiveCurrent Affairs

Level 1


28. Konsam Ormila Devi has bagged agold at 2017 Commonwealth Youthweightlifting championships. She isrelated to which weight category?

a. 44kg b. 57kg c. 64kgd. 49kg e. 65 Kg

29. Which of the following airports hasbagged the National Award for‘Excellence’ in Energy Management?

a. Chennai International Airport

b. Rajiv Gandhi International Airport

c. Chaudhary Charan Singh InternationalAirport

d. Vijayawada International Airport

e. IGI Airport

30. NITI Aayog has launched the NationalNutrition Strategy from which city?

a. New Delhi b. Lucknow c. Bhopald. Jaipur e. Bhopal

31. The Union government will organiseNorth-East Calling event in which city topromote tourism of North-East India?

a. Guwahati b. Shillong c. Agartalad. New Delhi e. Lucknow

32. Who is the author of the book ‘HowIndia Sees the World: Kautilya to the 21stCentury’?

a. Shiv Shankar Menon b. Shyam Saranc. JJ Singh d. Ravi Shankar Prasade. Ritesh Raj

33. Which expert committee hasconstituted by the NITI Aayog to providea major thrust to job creation byenhancing India’s exports?

a. Raghav Yadav b. Milind Kumarc. SK Jain d. Rajiv Kumare. Sanjay Kumar

34. The joint military training exercise‘Yudh Abhyas 2017’ will be conductedbetween India and which country?

a. The USA b. Russia c. Franced. Germany e. Italy

35. Which country’s team has won the2017 Under-16 South Asian BasketballChampionship?

a. Nepal b. Indiac. Bhutan d. Bangladeshe. China

36. What is the theme of the 2017 WorldSuicide Prevention Day (WSPD)?

a. With Understanding New Hopeb. Connect, Communicate, Carec. Light a Candle Near a Windowd. Take a Minute, Change a Lifee. Life, Hope, Light

37. The Punjab National Bank (PNB) hassigned an agreement with which telecomcompany to roll out open mobile walletSpeedpay?

a. Vodafone India b. BSNLc. Reliance Jio d. Idea Cellulare. Airtel

38. Rattihalli Nagendra Sudarshan, whopassed away recently, was the notedpersonality of which field?

a. Politics b. Film Industryc. Law d. Sciencee. Sports

39. Which Indian university has beennamed the top university in India,according to 2018 Times HigherEducation (THE) World UniversityRankings?

a. IIT-Kharagpur b. IIT-Kanpurc. IISc-Bangalore d. IIT-Bombaye. IFIM B School

40. The Food Safety and StandardsAuthority of India (FSSAI) has launchedwhich online platform for foodinspection & sampling?

a. FaSCoRSi b. FiSCoRIS c. FoSCoRISd. FaSCoRSI e. FaSCIRS

41. Consider the following statementsregarding 7th Asia-Europe Meeting(ASEM) Economic Ministers Meeting :

1. The 7th ASEM Economic Minister’sMeeting was held in Seoul (SouthKorea).

2. Theme for this year’s meeting was‘Innovative Partnership for InclusiveProsperity’.

3. The meeting was conducted under theChairmanship of the Ministry of Trade,Industry and Energy of the Republic ofKorea.

Which of the above statement(s) is/are correct?a. All of these b. Only 3 c. 2 and 3d. 1 and 2 b. 1 and 3

42. Consider the following statements :

1. ‘Saubhagya’ scheme was launched bythe Prime Minister Narendra Modi toensure electrifi cation of all willinghouseholds in the country in rural aswell as urban areas.

2. Poor households would be providedelectricity connections free of cost.

3. Other households would also beprovided electricity connections underthe scheme on payment of ` 500 onlywhich shall be recovered by theDISCOMs.

Which of the above statement(s) is/are correct?a. All of these b. Only 3 c. 2 and 3d. 1 and 2 e. 1 and 3

43. Consider the following statementsregarding e-pragati year :

1. The e-Pragati training programme isfor government officials to familiariseand update new technologies.

2. e-Pragati is to be implemented in alldepartments in Andhra Pradesh.

3. All the certificates and governmenttransactions would be made availableonline.

Which of the above statement(s) is/are correct?a. All of these b. Only 3 c. 2 and 3d. 1 and 2 e. 1 and 3

44. Identify the correct statement :

a. ADB (Asian Development Bank) loweredIndia’s growth projection to 7% for thecurrent financial year and 7.4 % for thenext financial year.

b. ADB attributes this downfall todemonetisation and implementation ofGoods and Services Tax.

c. This was earlier predicted as 7.6% in April,2017.

d. All of the above

e. None of the above


1. Davinder Singh Kang from Punjab hasbecome the first Indian to qualify forthe final round of the javelin throw atthe IAAF World AthleticsChampionships in London.

2. The 2017 IAAF World Championshipswas the 16th edition of the globalathletics competition.

3. Kang won the bronze medal at the2017 Asian Athletics Championships.

Which of the above statement(s) is/are correct?a. 1 and 2 b. 2 and 3 c. 1 and 3d. Only 3 e. All of these


1. Deepika Arwind and K. Madavanehave won The Hindu PlaywrightAward 2017 for their play ‘In Search ofDariya Sagar’ at the 13th edition of TheHindu Theatre Fest in Mumbai.

2. ‘In Search of Dariya Sagar’ is a play thatbrings together public events andprivate lives, political history andpersonal memory, in a manner thatresonates both the real and the magical.

3. The Hindu Playwright Awardinstituted in 2008 to reward the bestnew unpublished and unperformedplay-script in English.



1. Dr. Ruth Pfau is a German doctor andnun who dedicated her life toeradicating leprosy in Pakistan, haspassed in Karachi (Pakistan) on August10, 2017.

2. She was hailed as Pakistan’s ‘MotherTeresa’ after her work towards helpingpeople displaced by the 2010 Pakistanfloods.

3. Dr. Pfau trained Pakistani doctors andattracted foreign donations, foundedPakistan’s National Leprosy ControlProgramme and the Marie AdelaideLeprosy Centre, which has a presencein every Pakistani province.


41

Level 2



1. The International Maritime Search andRescue Exercise (IMMSAREX) will bechaired by Bangladesh at the IndianOcean Naval Symposium (IONS) inthe Bay of Bengal in November, 2017.

2. The ships and aircraft of the membersand observers of the IONS includingChina, India, Japan, United State ofAmerica and Pakistan will participatein the exercise.

3. The IONS is a regional forum of IndianOcean littoral States, represented bytheir Navy chiefs, launched by India inFebruary, 2008.

Which of the above statements is/are correct?a. 1 and 2 b. 2 and 3c. 1 and 3 d. Only 2e. All of these


a. ICICI Bank will partner with e-commercefirms to provide automated paydayloan-type credit to customers at thebottom of the digital pyramid.

b. The ‘pay later’ facility will be available toeven those who have not availed any loanin the past and for small amounts of up to` 20000.

c. These borrowers (which is mention inoption b) should make a bullet repaymentafter a month.

d. All of the above

e. None of the above

50. Consider the following statementsregarding the Economist’s annual globalliveability survey :

1. Sydney has been declared the world’smost liveable city for the 7thconsecutive year by The Economist’sannual global liveability survey,despite soaring housing costs andserious congestion challenges.

2. The annual survey assesses 140 citiesand ranks them according to theirstability, healthcare, culture andenvironment, education andinfrastructure.

3. As per the survey, the least liveable citywas Damascus at 140th place, followedby Lagos (139), Tripoli (138), Dhaka(137), Port Moresby (136), Algiers (135),Karachi (134), Harare (133), Douala(132) and Kiev (131).

Which of the above statement(s) is/are correct?a. 1 and 2 b. 2 and 3 c. 1 and 3d. Only 2 e. All of thesese

51. Platts Top 250 Global EnergyCompany Rankings 2017 was released.Choose the correct ranking position :

a. 1st rank was secured by Russian gas firmGazrpom.

b. 2nd rank was bagged by German utilityE.ON.

c. 3rd rank was obtained by Indian energyproducer, Reliance Industries Limited(RIL). RIL has the world’s biggest refinerycomplex.

d. Other Indian firms in the top of the list areIndian Oil Corporation (IOC) in 7th positionand Oil and Natural Gas Corporation(ONGC) in 11th position.

e. All of the above

52. Consider the following statementsregarding Central Board of FilmCertification (CBFC):

1. The CBFC is a statutory censorshipand classification body under theMinistry of Information andBroadcasting that regulated the publicexhibition of films under theprovisions of the Cinematograph Act.

2. The headquarters of CBEC is located atMumbai (Maharashtra).

3. Prasoon Joshi, the famous lyricist, isthe newly appointment chairperson ofthe CBFC.

Which of the above statement(s) is/are correct?a. 1 and 2 b. 2 and 3c. 1 and 3 d. All of thesee. None of these

53. PENCIL (Platform for EffectiveEnforcement for No Child Labour) is anelectronic platform for no child labour.Components of ENCIL portal was -

1. Child Tracking System

2. Complaint Corner

3. State government

4. National Child Labour Project

5. Convergence.

Codea. 1 and 2 b. 3 and 2 c. 4 and 5d. 1,2,3 and 4 e. All of these


a. State Bank of India (SBI) reduced servicecharges for not maintaining monthlyaverage (MAB).

b. The minimum balance requirement inmetro centres are reduced to ` 3000.

c. The charges for not maintaining MAB atsemi-urban and rural centres vary from` 20 to ` 40.

d. The charges for not maintaining MAB aturban and metro centres vary from ` 30 to `

50.

e. All of the above


1. The Information and Broadcasting(I&B) Ministry has constituted atechnical committee for the 48thInternational Film Festival of India(IFFI), which is proposed to be heldfrom November 20-28, 2017 in Goa.

2. The technical committee will have 12members and will be chaired byPiyush Pandey.

3. The I&B ministry has also constituted asteering committee which will have 13members, including film directorNagesh Kukunoor, lyricist PrasoonJoshi, Jahnu Barua (convener), PiyushPandey, creative director of Ogilvy &Mather (India), and film director andproducer Shoojit Sarcar.

Which of the above statement(s) is/are correct?a. 1 and 2 b. 2 and 3c. 1 and 3 d. All of thesee. None of these


1. Para Athlete Devendra Jhajharia andHockey player Sardar Singh have beenselected for the 2017 Rajiv Gandhi KhelRatna Award.

2. Cricketer Cheteshwar Pujara, WomenCricketer Harmanpreet Kaur andshooter PN Prakash are among the 17sportsmen who will be given ArjunaAwards for their outstandingperformance.

3. Eleven persons have been chosen forDronacharya Awards for producingmedal winners at prestigiousInternational sports events in 2017.



1. In a landmark decision, the SupremeCourt has declared right to privacy afundamental right under theConstitution .

2. A nine-judge Constitution benchheaded by Chief Justice JS Kheharruled that right to privacy is anintrinsic part of Right to Life andPersonal Liberty under Article-21 andentire Part III of the Constitution.

3. The nine judges unanimouslyoverruled the two earlier judgementsof the apex court that right to privacy isnot protected under the Constitution.



1. Lewis Hamilton, a British racing driverwho races in Formula One for theMercedes AMG Petronas team, haswon the 2017 (Belgian) Grand Prix atthe Circuit de Spa-Francorchamps inStavelot, Belgium on August 27, 2017.

2. Justice Dipak Misra has been sworn-inas the new Chief Justice of India (CJI)and will have tenure of nearly 13months. He succeeded Chief Justice JSKhehar.

3. The Spice Digital Limited (SDL) hasreceived the final licence from theReserve Bank of India (RBI), to processbill payments as a Bharat Bill PaymentOperating Unit (BBPOU) in the BharatBill Payment System (BBPS).

Which of the above statement(s) is/are correct?a. 1 and 2 b. 2 and 3 c. 1 and 3d. All of these e. None of these


1. The International CommodityExchange (ICEX) has become theworld’s first derivatives exchange tolaunch diamond futures contract.

42

GuruBankin November 2017 45

Directions (Q.Nos. 1-10) Read the following passagecarefully and answer the questions given below. Certainwords have been given in bold to help you locate themwhile answering some of the questions.

Mercy killing is the act of killing someone painlesslyespecially to relieve someone suffering from an incurableillness. It is also known as Euthanasia. It came from theGreek words, Eu (good) and Thanatopsis (death), but itrelates to most painful and enigmatic question for theterminally ill patients, be its Cancer, AIDS, accidental ortraumatic coma and innumerable uncurable diseases,waiting for the end of come but the end is not so easy itsquite painful. The quality of life, in such a serious criticalconditions is bleak, caregivers stress is alsoinsurmountable and the only prayer is that DEATH shouldembrace the patient in good grace for an eternal peacefulabode. In such a situation, if the death is not imminent butsure, the question arises why not the patient is artificiallyinduced for a death, of course medically.But currently thereare cases of misuse of euthanasia, for example in caseswhere the patient is pressured by family members to giveconsent to the ending of their lives.

The legalisation of voluntary euthanasia provides anopportunity for safeguards against just such a situation andother instances of coercion and fraud. Mercy Killing islegally punishable and religiously a sin however worst maybe the condition of the patient. In addition, doctors areafraid to openly discuss end-of-life decisions with patientsdue to illegalities.

This prevents an open and honest relationship betweendoctor and patient in which the doctor can discover thepatient’s wishes regarding his/her own life and death. That’swhy in every medical centre, there is statuary warning thatthe physicians concerned will not reveal the gender to thepatient. Because most of the Indian families sais to have adislike for female child.

A simple scan if reveals a viable female foetus and theypresumably run for abortion, with the medical aid or illegallywith the help of quacks to imperil both the lives.

The most important question is here whether the tooterminally ill, with the pain which cannot be described inwords, should they live waiting for the death to grace or caneuthanasia be legally permitted for the embrace death withdignity. The government of India is against bringing any lawson mercy killings.

The Supreme Court bench however had stated while writingthe judgement–‘If we leave it solely to the patient’s relativesor to the doctors or the next friend to decide whether towithdraw life support to an incompetent person, there isalways a risk in our country that this may be misused bysome unscrupulous persons who wish to inherit orotherwise grab the property of the patient.

Considering the low ethical levels prevailing in our societytoday and the rampant commercialisation and corruption,we cannot rule out the possibility that unscrupulous personswith the help of some unscrupulous doctors may fabricatematerial to show that it is a terminal case with no chance ofrecovery’.

IBPS PO/MTInstitute of Banking Personnel Selection

MOCK PAPER-6ONLINE EXAM OCTOBER 7/8 and 14/15, 2017

Pre. (Phase I) Online Exam 2017

l This crack set consists of 100 questions in three parts.

l All questions are compulsory.

l Answer the questions quickly and as carefully as you can. Some questions may be difficult and others easy.

Do not spend too much time on any question.

Time 60 Min. Max. Marks 100

Part Subject Number of Questions

I English Language 30

II Quantitative Aptitude 35

III Reasoning Ability 35

General Instructions

Part I English Language


1. Which of the following best describes Mercy Killing?a. It is the homicide of a member of a family or social group or

other members.

b. The unlawful killing, with malice of another human.

c. It’s harmful, irrational and regrettable killing of a member of afamily.

d. The act of putting to death painlessly by withholding medicalmeasures from a person suffering from an incurable or painfulcondition.

e. All of the above

2. Which of the following depicts the importance ofmercy killing?

1. It maintains family honour.2. Because it’s inhuman to put patients through the

suffering that is the direct result of their illness.3. Its extremely secret and discrete in nature.

a. Only 1 b. Only 2 c. Only 3d. 2 and 3 e. All of these

3. In the context of the given passage which of thefollowing is the last option for those suffering fromincurable diseases?a. Prayer for his/her ‘DEATH’.

b. Assist in suicide.

c. Must be provided better treatment.

d. Their relative should appeal in the Supreme Court against thelaw of mercy killing.

e. One should stop to give food and water to a patient invegetative state.

4. Why is the Supreme Court against the mercykilling?

1. Because it’s against the religion.2. The case of suicide will definitely increase.3. It can’t be legalised.4. It can be misused by scrupulous person for

grabbing the property of the patient.a. Only 1 b. Only 2 c. Only 3 d. Only 4 e. 1 and 2

5. Complete the following given sentence in thecontext of the passage.

Mercy killing is legally ……… and religiously a ………however worst may be the condition of the patient.a. criticised; need b. valid; boon c. punishable; sind. favourable; void e. appreciated; pathetic situation

6. Mercy killing is also known asa. Amnesia b. Euthanasia c. Dyspesiad. Dystexia e. None of these

Directions (Q.Nos. 7-8) Which of the following words ismost similar in meaning to the word given in bold asused in the passage?

7. Enigmatica. Unexplainable b. Known c. Plaind. Clear e. Mild

8. Imperila. Counterfeit b. Attainable c. Custodiand. Invincible e. Endanger

9. What is the opposite of the word ‘Caregiver’ asused in the passage?a. Imposter b. Dependent c. Uncontrolledd. Nurse e. Answerable

10. Find a word from the passage that means‘Flourishing or Spreading unchecked’.a. Multiplying b. Resting c. Reproducingd. Rampant e. Recurrent

Directions (Q.Nos. 11-15) In each of the followingsentences there are blank spaces. Below each sentencethere are five pairs of words denoted by the letter (a), (b),(c), (d) and (e). Find out which pair of words can fill upthe blanks in the sentence in the same sequence tomake it grammatically correct.

11. A new-born infant’s …… skills are not fully ……,for it cannot discern images more than 10 inches away.a. perceptual; stimulated b. visual; developedc. descriptive; ripened d. olfactory; sharede. average; familiar

12. In a society that abhors ……, the non-conformistis persistently …… .a. creativity; glorified b. rebelliousness; suppressedc. insurgency; heeded d. smugness; persecutede. stagnation; denigrated

13. Only if business continues to expand can it ……enough new jobs to make up for those that will be…… by automation.a. produce; required b. invent; introducedc. create; eliminated d. repeal; reducede. formulate; engendered

14. While the technology and state of knowledge inmedicine allows the gadgets to …… data and giverecommendation, it will be while before we are readyto …… doctors for serious illnesses.a. estimate; credit b. evaluate; credencec. analyse; trust d. describe; distruste. figure out; confidence

15. However, ‘Digital India’ will not happen even ifthe …… is in place unless equal …… is paid to whatis made available at the end of the pipeline.a. framework; thinking b. infrastructure; attentionc. groundwork; scrutiny d. backbone; indifferencee. support; thought

Directions (Q.Nos. 16-20) Read each sentence to find outwhether there is any grammatical error in it. The error ifany will be in one part of the sentence, the letter of thatpart will be the answer. If there is no error, the answer is(e) i.e. ‘No error’. (Ignore the errors of punctuation, if any)

16. It was an evening of (a)/fun and frolic as the city’sglitterati (b)/and high profile businessmen made sure(c)/that they didn’t miss the show. (d) No error (e)

17. Results founding that boys not only (a)/play morethan girls, but (b)/they start earlier, an outcome that(c)/could be clearly related to a cultural influence. (d)No error (e)

18. Videogames may not (a)/necessarily adverselyaffect (b)/the academic results in children (c)/contraryto most parents’s perception. (d) No error (e)

19. Celebrities showed their childlike side(a)/yesterday, as most turn up wearing (b)/cartoonT-shirts for the screeing of (c)/the latest animated filmin town. (d) No error (e)

46


20. The study focusing exclusively to (a)/critically illchildren found that children with chronic illnesses(b)/especially respiratory illnesses, are most likely (c)/to develop influenza that requires critical care. (d)

No error (e)

Directions (Q.Nos. 21-25) Rearrange the following sixsentences A, B, C, D, E and F in the proper sequence toform a meaningful paragraph, then answer the questionsgiven below them.

A. While the reference point for the former is the state, forthe latter it’s society.

B. India’s ‘strategic community’ comprises two distinctcircles with little overlap.

C. Consequently, mainstream strategists have an externalorientation to their discourse, concentrating on highpolitics; the latter is more internal oriented.

D. Their prescriptions too are understandably poles apartand thus, the state, to which both their commentary isdirected, has to play balancer, and ends up being at thereceiving end of criticism from both sides.

E. Out of the two, one can be termed the ‘mainstream’and the other ‘alternate’.

F. To further elaborate on the external andinternal concept—while one is enamoured ofIndia’s rise and place in the global order, the other ismore sensitive to its vulnerabilities and inadequacies.

21. Which of the following should be the FOURTHsentence after rearrangement?a. E b. D c. C d. B e. A

22. Which of the following should be the SIXTHsentence after rearrangement?a. A b. B c. C d. D e. E

23. Which of the following should be the SECONDsentence after rearrangement?a. E b. D c. C d. B e. A

24. Which of the following should be the FIRSTsentence after rearrangement?a. A b. B c. Cd. D e. E

25. Which of the following should be the THIRDsentence after rearrangement?a. A b. B c. Cd. D e. F

Directions (Q. Nos. 26-30) In the following passage,some of the words have been left out, each of which isindicated by a number. Find the suitable word from theoptions given against each number and fill up the blankswith appropriate words to make the paragraphmeaningfully complete.

Plants, insects, bacteria, fungi and other organisms are anatural part of the environment. Some can (26) people,while others can be pests that you may need or want tocontrol. You can choose from (27) different methods tocontrol a pest. One method is to use a pesticide. A pesticideis any substance or mixture of substance used to destroy,suppress or alter the life (28) of any pest. A pesticide can bea naturally derived or synthetically produced (29). Apesticide can also be (30) organism, for example, thebacterium Bacillus thuringiensis which is used to control anumber of insect pests, or even a genetically modified crop.

26. a. benefits b. benefitted c. benefitd. fit e. fits

27. a. many a b. many c. any d. an e. the

28. a. cycles b. cycled c. psyched. cycle e. cyclone

29. a. substance b. substances c. substituted. substituted e. substrate

30. a. a b. the c. an d. one e. ones

47

Directions (Q. Nos. 31-35) Find out the approximatevalue which should replace the question marks in thefollowing questions. (You are not expected to find out theexact value)

31. 623898 × = ×99 60000?a. 1000 b. 1030 c. 1080 d. 1065 e. 1010

32. 624 9995 4 99891

4 9900865

2. ( . ) ?.

+ = ÷

a. 6 b. 50 c. 10d. 125 e. 15

33. 564 666 82 5091 44 581 34 111. . . . ?+ × − =a. 28450 b. 4000 c. 1600 d. 14225 e. 4210

34. (47% of 1442 36− %of 1412) ÷ =63 ?a. 7 b. 5 c. 3 d. 9 e. 1

35. ( ) ( ) ?341789 265108 8936 3578+ ÷ − =a. 150 b. 113 c. 135 d. 100 e. 125

Directions (Q. Nos. 36-40) Study the following graphand answer the questions given below.

The Percentage Number of Students in Three DifferentDisciplines (Science, Arts and Commerce) in a CertainCollege for the Period 2011-16

36. The total number of students in Arts discipline inthe year 2013 was 300 and that in Commerce disciplinein the year 2015 was 405. What was the differencebetween the total number of students in the year 2015and the total number of students in the year 2013.a. 90 b. 125 c. 150 d. 180 e. 200

20

40

60

80

100

120

02011 2012 2013 2014 2015 2016

60

4030

40

25 30

15

30

20

20

2540

50453530

40

25

Commerce Arts Science

Pe

rce

nta

ge

of

Stu

de

nts

Years

Part II Quantitative Aptitude


88. Which of the following combination ofPerson-Grade-Game is correct?a. A-International-Cricket b. D-National-Cricketc. H-National-Badminton d. F-International-Crickete. B-International-Badminton

89. In a certain code language, ‘where are you’ iswritten as ‘pit ka ta’, ‘are they there’ is written as ‘sada ka’ and ‘they may come’ is written as ‘da na ja’.How is ‘there’ written in that code language?a. da b. sa c. kad. Data inadequate e. None of these

90. Each odd digit in the number 5263187 issubstituted by the next higher digit and each evendigit is substituted by the previous lower digit andthe digits so obtained are rearranged in ascendingorder, which of the following will be the third digitfrom the left end after the rearrangement ?a. 2 b. 4 c. 5d. 6 e. None of these

91. Among P, Q, R, S and T each securing differentmarks, Q scored higher than only T and P scoredhigher than S but lower than R. Who among themscored highest marks?a. P b. S c. Rd. T e. Q

92. Among A, B, C, D and E each reaching school ata different time, C reaches before D and A and onlyafter B. E is not the last to reach school. Who amongthem reached school last?a. D b. A c. Cd. Data inadequate e. None of these

93. In a column of 20 boys, D is fourteenth from thefront and F is ninth from the back. How many boysare there between D and F?a. 2 b. 3 c. 4d. 5 e. 1

Directions (Q.Nos. 94-98) Study the given informationand answer the following questions.

Eight friends M, N, O, P, Q, R, S and T are sitting aroundcircular table and belong to eight different states UttarPradesh, Bihar, Andhra Pradesh, Chandigarh, Punjab,Haryana, Kerala and Maharashtra. They read threeNewspapers in Hindi, English and Punjabi. At least twopersons read one newspaper not necessarily in the sameorder.

Only P and Q read Hindi Newspaper. P is third to right of Q.M is from Kerala reads English Newspaper and is sittingimmediate right of Q. R is from Chandigarh and readsPunjabi Newspaper. T reads the same Newspaper as S readswho is third to left of R and fourth to right of N. O is sittingexact opposite of P who belongs to Uttar Pradesh. Personswho belong to Maharashtra and Andhra Pradesh readEnglish Newspaper. S is from Haryana while N is fromAndhra Pradesh reads English Newspaper. T is from Punjab.

94. Which of the following pairs read Punjabinewspaper?a. PNT b. MNO c. STR d. OST e. MST

95. Which of the following is true regarding toposition of T with respect to O?a. Second to the right b. Immediate leftc. Third to the right d. Third to the lefte. Immediate right

96. Who does not read English Newspaper?a. O b. N c. Md. T e. None of these

97. From which state Q belongs?a. Uttar Pradesh b. Bihar c. Maharashtrad. Andhra Pradesh e. Haryana

98. Which of the following is not correct combination?a. T-Punjab-Punjabi b. Q-Kerala-Hindic. O-Maharashtra-English d. P-Uttar Pradesh-Hindie. All are correct combinations

Directions (Q.Nos. 99-100) Read the followinginformation carefully and answer the questions whichfollow.

Point H is 6 km towards the East of Point G. Point R is 8 kmNorth of Point G. Point Q is exactly midway between Point Rand Point G. Point K is 10 km to the South of Point Q. PointL is 3 km towards the East of Point Q. Point S is exactlymidway between Point G and Point H.

99. If a person walks 4 km towards the South fromPoint L, takes a right turn and walks for another 3 km,then which of the following points would he reach?a. Q b. G c. Kd. H e. Cannot be determined

100. If a person walks 8 km towards North fromPoint S, which of the following points would he crossand how far will he be from Point R?a. G, 4 km b. H, 3 km c. L, 6 kmd. L, 3 km e. G, 8 km

51

1. (d) The act of putting to death painlesslyby withholding medical procedures from aperson suffering from an incurable or painfulcondition is called as Mercy Killing.

2. (e)

3. (a) In such a case, a patient’s relativeshould pray for his/her’s death.

4. (c)

5. (c) As per the context of the passage, theblank should be filled by punishable and sin.

6. (b) Euthanasia is another name for MercyKilling.

7. (a)

8. (e) ‘Imperil’ mean to put at risk ofbeing harmed, injured or destroyed.So, ‘Endanger’ is its synonym.

9. (b) 10. (d)

11. (b) As ‘images’ is mentioned in thesentence, first blank would be filled by‘visual’ and the second blank with‘developed’ to make the sentencemeaningful.

12. (b) To make sense the first blank would befilled by ‘rebelliousness’ as society abhorsrebelliousness.The second blank would be filledby ‘suppressed’ to make the sentencemeaningful.

13. (c) We use the word ‘create’ with jobs. Hence,the first blank would be filled by ‘create’. Now,automation eliminates jobs, so second blankwould be filled by ‘eliminated’.

14. (c) ‘analyse’ will be used with the first blank asgadgets analyse data. The second blank would befilled by ‘trust’ to make the sentence meaningful.

Answers Explanations&


15. (b) ‘infrastructure’ would be used to fill thefirst blank and ‘attention’ to fill the secondblank to make the sentence meaningful.

16. (b) Use ‘so’ in place of ‘as’.

17. (a) Use ‘found’ in place of ‘founding’.

Second form of verb is required.

18. (c) Use ‘of’ before children in place of ‘in’.

19. (b) Use ‘turned up’ in place of ‘turn up’.The sentence is in Past Tense.

20. (a) Use ‘on’ in place of ‘to’. Generally,‘focus on/upon’ is used.

21. (c) 22. (d) 23. (a) 24. (b) 25. (a)

26. (c) 27. (b) 28. (d) 29. (a) 30. (c)

31. (b) ? = ×623898 99

60000

≈ ×624000 100

60000

≈ ≈1040 1030

32. (c) 625 51

5

2+ ≈ ÷?

⇒ 25 25 5+ ≈ ×? ⇒ ? ≈ ≈50

510

33. (e) ≈ + × − ≈565 82 45 34 4221≈ 4210

34. (c)( % % )47 1442 36 1412

63

× − ×

=

× − ×1440 45

100

35 1410

10060

≈ − ≈648 493 5

603

.

35. (b)341789 265108

8936 3578

+−

= 606897

5358

≈ ≈606900

5360113

36. (c) Total number of students in 2013

= × =300 100

40750

Total number of students in 2015

= × =405 100

45900

∴ Difference = − =900 750 150

37. (e) We cannot find maximum differenceof arts discipline without knowing exactnumber of students.

38. (b) Total2011 = × =360 100

152400

∴ Total2015 = × =360 100

301200

Commerce2011 = × =25

1002400 600

∴ Commerce2015 = × =45

1001200 540

∴ Required percent = × =540

600100 90%

39. (d) Total2012 = × =560 100

401400

∴ Arts2012 = × =20

1001400 280

∴ Total2014 = × =560 100

351600

∴ Arts2014

25

1001600 400= × =

∴ Ratio = = =280

400

7

107 10:

40. (e) Total2013

390 100

301300= × =

∴ Commerce 2013

30

1001300 390= × =

∴ Total2016

450 100

301500= × =

∴ Arts2016

20

1001500 300= × =

∴ Required percent

= − ×390 300

300100 = =9000

30030%

41. (d) The sequence of the series is

Hence, the answer will be 371.

42. (e) The sequence of the series is


43. (a) The sequence of the series is

Hence, the answer will be 2.56.

44. (b) The sequence of the series is


45. (e) The sequence of the series is

120 2 5 20 320× + =.

320 2 5 20 820× + =.

820 2 5 20 2070× + =.

2070 2 5 20 5195× + =.

5195 2 5 20 13007 5× + =. .


46. (c) Employees in teaching

= × =2680015

1004020

Employees in medical

= × =2680027

1007236

and employees in management

= ×2680017

100= 4556

As per the question,

Total employees in teaching and medical

= +4020 7236 = 11256

Now, required difference

= −11256 4556 = 6700

47. (e) Total employees in management

= ×2680017

100= × =268 17 4556

∴ Female employees = × =45563

43417

∴ Male employees = − =4556 3417 1139

48. (b) Total employees in film production

= ×2680019

100= 5092

∴ Number of employees not went on strike

= × =509275

1003819

49. (d) Total employees in engineering andIndustries

= × +

268009

100

13

100

= ×2680022

100= 5896

50. (a) Total number of teachers

= ×2680015

100= 4020

Number of temporary teachers

= ×40203

5= 2412

∴ Number of permanent teachers

= −4020 2412 = 1608

51. (a) From I. x x2 24 144 0− + =

⇒ x x x2 12 12 144 0− − + =

⇒ x x x( ) ( )− − − =12 12 12 0

⇒ ( ) ( )x x− − =12 12 0

∴ x = 12

From II. y y2 26 169 0− + =

⇒ ( )y − =13 02

⇒ y − =13 0

∴ y = 13

Clearly, x y<

52. (d) From I. 2 3 20 02x x+ − =

⇒ 2 8 5 20 02x x x+ − − =

⇒ 2 4 5 4 0x x x( ) ( )+ − + =⇒ ( ) ( )x x+ − =4 2 5 0

∴ x = − 4or5

2

From II. 2 19 44 02y y+ + =

⇒ 2 11 8 44 02y y y+ + + =

⇒ y y y( ) ( )2 11 4 2 11 0+ + + =⇒ ( ) ( )y y+ + =4 2 11 0

∴ y = − 4 or − 11

2

Clearly, x y≥

53. (e) From I. 6 77 121 02x x+ + =

⇒ 6 66 11 121 02x x x+ + + =

⇒ 6 11 11 11 0x x x( ) ( )+ + + =⇒ ( ) ( )x x+ + =11 6 11 0

∴ x = − 11or − 11

6

From II. y y2 9 22 0+ − =

⇒ y y y2 11 2 22 0+ − − =

⇒ y y y( ) ( )+ − + =11 2 11 0

⇒ ( ) ( )y y− + =2 11 0

∴ y = 2 or − 11

So, y x≥

54. (b) From I. x x2 6 7 0− − =

⇒ x x x2 7 7 0− + − =

⇒ x x x( ) ( )− + − =7 1 7 0

⇒ ( ) ( )x x+ − =1 7 0

∴ x = − 1or 7

52

9 62 1854 7415 22244

×7–1

371

×6 –1 ×5 –1 ×4 –1 ×3 –1

4 8 24 60 224

+22

124

+42 +62 +82 +102

8000 1600 320 64 12.8

÷ 5

2.56

÷5 ÷5 ÷5 ÷5

6 9 15 27 51

+3×1

99

+3×2 +3×4 +3×8 +3×16


From II. 2 13 15 02y y+ + =

⇒ 2 10 3 15 02y y y+ + + =

⇒ 2 5 3 5 0y y y( ) ( )+ + + =⇒ ( )( )y y+ + =5 2 3 0

∴ y = − 5 or − 3

2

Clearly, x > y

55. (d) From I. 10 7 1 02x x− + =⇒ 10 5 2 1 02x x x− − + =

⇒ 5 2 1 1 2 1 0x x x( ) ( )− − − =⇒ ( ) ( )5 1 2 1 0x x− − =

∴ x = 1

5or

1

2

From II. 35 12 1 02y y− + =

⇒ 35 7 5 1 02y y y− − + =

⇒ 7 5 1 1 5 1 0y y y( ) ( )− − − =⇒ ( ) ( )7 1 5 1 0y y− − =

∴ y = 1

7or

1

5

Clearly, x ≥ y

56. (b) Average age of the whole class

= × + ×+

32 14 28 13

32 28

= +448 364

60= =812

6013 53. yr

57. (e) Required percentage

= × − ×

×75 80

100

40 65

100

100

40

= − ×60 26

40100 = ×34

40100 = 85%

58. (c) Ratio of their investment

= × × =5000 12 9000 8 5 6: :

∴ Amount received by Mr Jain

= × =6

1122000 12000`

59. (c) Let, the cost price of first bicycle be ` x.

Then, the cost price of second bicycle

= ` ( )1600 − x

According to the given condition,

[ %20 of x + 10% of ( )1600 − x ] −[10% of x + 20% of ( )1600 − x ] = 5

⇒ 20

100

10 1600

100

× + × −

x x( )

− × + × −

=10

100

20 1600

1005

x x( )

⇒ x x

5

1600

10+ −

− + −

=x x

10

1600

55

⇒ x x x

5 10

1600

10− + −( ) − − =( )1600

55

x

⇒ 2

10

1600 2 1600

10

x x x x− + − − −( ) ( ) = 5

⇒ x x x+ − − + =1600 3200 2

105

⇒ − + =1600 2

105

x

⇒ 2 1600 50x = + ⇒ x = =1650

2825

∴ Cost of second bicycle

= −( )1600 825 = ` 775

Hence, difference in cost price of the twobicycles = 825 − 775 = ` 50

60. (a) Let, the first part be ` x.

Then, second part = (2602 − x)

According to the question,

x x14

1002602 1

4

100

7 9

+

= − +

( )

⇒ x

x( )2602

14

100

14

100

9

7−=

+

+

⇒ x

x( )26021

4

100

2

−= +

= × =26

25

26

25

676

625

⇒ 625 676 2602 676x x= × −⇒ 1301 676 2602x = ×

∴ x = × = × =676 2602

1301676 2 1352`

∴ The two parts are ` 1352 and

` ( )2602 1352− = ` 1250.

61. (d) Speed of Ist person

= 4 5. km/h = ×

4 55

18. m/sec

= 5

4m/sec = 125. m/sec

Speed of IInd person = 5 4. km/h

= ×

5 45

18. = 3

2= 15. m/sec

Let, the speed of the train be x m/sec.

Then, ( . ) . ( . ) .x x− × = − ×125 8 4 15 8 5

⇒ 8 4 10 5 8 5. . .x x− = −12.75

⇒ 01 2 25. .x = ⇒ x = 22 5.

∴ Speed of the train

= ×

=22 518

581. km/h

62. (b) Total number of cases = 104C

Favourable number of cases = ⋅42

62C C

[Since, we have to select 2 children out of4 and remaining 2 persons to be selectedfrom remaining 6 persons ( )2 4W M+ ]

∴ Required probability

=⋅

=

××

× ××

× × ×× × ×

42

62

104

4 3

2 1

6 5

2 1

10 9 8 7

4 3 2 1

C C

C

=×

= =

12

2

30

2210

90

210

9

21

63. (c) Let the cost of third variety tea will be` x per kg.


126 135 2

4153

+ + =x

⇒ 261 2 4 153+ = ×x

⇒ 2 612 261 351x = − =

⇒ x = 351

2

∴ x = ` 175.50

Hence, the cost of third variety tea is` 175.50 per kg.

64. (a) 6 12× men = ×8 18 women

= ×18 10 children

⇒ 12 men = 24 women = 30 children

⇒ 2 men = 4 women = 5 children

Now, 4 men + 12 women+ 20 children

= 4 men + 6 men + 8 men = 18 men

Time to do remaining work for 1 man

= × − × =( )6 12 18 2 36 days

∴ Required number of men to finish thework in 1 day = 36

65. (b) Let, the two diagonals of rhombus be

x and y, respectively

∴ x y+ = 10 m (given) …(i)

We know, area of rhombus

= ×1

2Product of diagonals

⇒ 91

2= × ×x y

⇒ xy = 18 m2 … (ii)

Now, x y x y xy2 2 2 2+ = + −( )

Putting value from Eqs. (i) and (ii), we get

x y2 2 210 2 18+ = −( ) ( )

= − =100 36 64 m2

66. (a)

Conclusions I.ü II.Î III.Î IV.Î

Hence, only I follows.

67. (b)

Conclusions I.Î II.ü III.Î IV.Î

Hence, II and either III or IV follow.

68. (e)

Conclusions I.Î II.ü III.Î IV.ü

Hence, II and IV and either I or III follow.

69. (a)

Conclusions I.Î II.Î III.ü IV.ü

Hence, III and IV follow.

70. (c)

Conclusions I.ü II.Î III.ü IV.Î

Hence, I and III follow.

53

BrunnetteBlonde Cute

Beautiful

Killer Sweater Jacket

Rose

or

acec

dc yy

or

News

paperRadio Television Magazine

x

CrookIntelligent

SimpleFool


Directions (Q.Nos. 1-5) Which of the phrases (a), (b), (c)and (d) given below should replace the phrase given inbold in the following sentence to make the sentencegrammatically meaningful and correct? If the sentence iscorrect as it is and ‘No correction is required’, mark (e)as the answer.

1. We have received many complaints fromcustomers and have appointed an auditor to help usidentify the reason for the various delays.

variety of delay various delayvaried delaying variety delaysNo correction required

2. A bank has loans to its own employees at interestrates below the rate decided by RBI.

is giving loans to loans theircan give loans to its has given loans for itsNo correction required

3. The Indian banking sector is growing rapidly andbanks are opening much of branches in unbankedareas.

many branchesnumberous branchmostly branchas much branches asNo correction required

4. Depending on the location you select, the cost ofsetting up a new factory has vary from ` 50 lakh to` 10 crore.

is varied between will vary from varying aboutcould vary around No correction required

5. Although other parts the world 20% of the farmarea is owned by women, in India women own lessthan 7%.

If in other parts However some partsWhere another part of While in other parts ofNo correction required

Directions (Q.Nos. 6-10) Rearrange the following sixsentence A, B, C, D, E and F in the proper sequence toform a meaningful paragraph; then answer the questionsgiven below them.

A. Besides, they get a lot of exposure to novel thingsthrough media.

B. Therefore, their mental development did not show anyextraordinary signs.

C. Children of the present generation appear to be smarterthan their earlier counterparts.

D. Thus, the environment of present days has brought outthese changes.

E. This is probably because there are lots of opportunitiesfor their indirect learning.

F. Children of yester-years did not have these facilities.

74

IBPS CLERKInstitute of Banking Personnel Selection

MOCK PAPER-1ONLINE EXAM DECEMBER 2,3,9 and 10, 2017

Pre. (Phase I) Online Exam 2017

l This crack set consists of 100 questions in three parts.






I English Language 30

II Numerical Ability 35

III Reasoning Ability 35


Part I English Language


and Step V is the last step of the rearrangement of the

above input. As per the rules followed in the above steps,

find out in each of the following questions the appropriate

step for the given input.

93. Step II of an input is ‘bend 15 will care 46 53 29’How many more steps will be required to complete therearrangement?

Five Three FourSix None of these

94. Step III of an input is ‘and 25 jungle 93 84 kitemore 36’Which of the following is definitely the input?

93 84 kite more and 36 35 jungle93 84 and 25 kite jungle more 36jungle 93 and 84 25 kite more 36Cannot be determinedNone of the above

95. Input land 62 clear over 41 37 again 56Which of the following steps will be the last but one?

VIII IX VIIVI None of these

96. Step II of an input is, ‘desk 12 year victory 86 71store 65’Which of the following will be Step VII?

desk 12 store 65 year 71 victory 86desk 12 store 65 71 year victory 86desk 12 Store 65 year victory 86 71There will be no such stepNone of the above

Directions (Q.Nos. 97-100) Study the followinginformation carefully and answer the questions givenbelow.P, Q, R, S and T are five friends who travelled to five

different cities Dehradun, Jaipur, Chandigarh, Raipur and

Bengaluru by three different modes of transport - train,

aeroplane and car from Delhi not necessarily in the same

order. Out of the three modes of transport, two modes have

been used for by at most two persons.

Aeroplane has been used as a mode of transport only by the

person who travelled to Bengaluru. T went to Jaipur by car

and P went to Chandigarh by train. One who travelled by

train didn’t go to Dehradun. Q travelled by train whereas R

travelled by car.

97. Which of the following combinations is true forQ?

Chandigarh-Car Jaipur-Train Dehradun-TrainJaipur-Car Raipur-Train

98. Which of the following combinations of personand mode is correct?

T-Train P-Car R -AeroplaneQ-Car S-Aeroplane

99. The person travelling to Dehradun went bywhich of the following modes?

Train AeroplaneCar Data inadequateTrain or Car

100. Who among the following travelled toDehradun?

T S RP Data inadequate

80

1. 2. 3. 4. 5.

6. 7. 8. 9. 10.

11. Use ‘this’ in place of ‘these’ .

12. Use ‘its’ in place of ‘it’.

13. It should be ‘his team mates’ or ‘themembers of his team’.

14. Use ‘very’ in place of ‘much’.

15. 16. 17. 18. 19.

20. 21. 22. 23. 24.

25. 26. 27. 28. 29.

30.

31. The pattern of the series is

2 1 1 3× + =3 2 2 8× + =8 3 3 27× + =

27 4 4 112× + =112 5 5 566 565× + =565 6 6 3396× + =

Obviously, 566 is the wrong number.


8 2 1 15× − =15 2 1 29× − =29 2 1 55 57× − =57 2 1 113× − =

113 2 1 225× − =225 2 1 449× − =



7 0 5 0 5 3 4× + =. .

4 1 1 5× + =5 15 15 9× + =. .

9 2 2 20× + =20 2 5 2 5 52 5× + =. . .

52 5 3 3 160 5. .× + =Obviously, 3 is the wrong number.


2 2 3 7× + =7 2 3 17× + =

17 2 3 37× + =37 2 3 67 77× + =77 2 3 157× + =

157 2 3 317× + =Obviously, 67 is the wrong number.


3 1 42+ =( )

4 2 9 82+ =( )

8 3 172+ =( )

17 4 332+ =( )

33 5 582+ =( )

58 6 942+ =( )


36. ? .≈ × × ≈ ≈470

55

970

350

30

601184 11

(approx.)

37. ? ≈ − − + =5735 3624 1513 3611 4209

≈ 4210 (approx.)

38. ? ≈ × − + = ≈33 5 12 74 227 230

(approx.)

39. ? ( )≈ × =4900 7 34302 ≈ 3450

(approx.)

40. ? ≈ × ÷ +62 2800 340 120

= +510 58 120. ≈ 630 (approx.)

41. ? . .= + −14 37 5 17 5 = + =14 20 34

42. ? . . .= + −12 56 23 44 7 50

= − =36 7 50 28 50. .

43. ? = + − +7

3

19

5

5

3

11

5

= + − + = = =35 57 25 33

15

100

15

20

36

2

3

44. ? = × ÷ = × × =17

5

5

4

17

2

17

5

5

4

2

17

1

2

45. ? . . .= + −25 256 36734 22 490

= −61990 22 490. . = 39 5.

46. Suppose initially Hari has ` x and John

has ` y.

∴ y x− + = + −12 4 12 4

⇒ y x− = +8 8

⇒ y x− = 16

Hints Solutions&


1. Four of the following five are alike in a certainway and so form a group. Which is the one that doesnot belong to that group?a. Jasmine b. Rose c. Dahliad. Marigold e. Lotus

2. ‘Jackal’ is related to ‘Carnivorous’ in the same wayas ‘Goat’ is related toa. Omnivorous b. Carnivorousc. Herbivorous d. Multivorouse. None of these

3. If ‘blue’ is called ‘red’, ‘red’ is called ‘green’, ‘green’is called ‘black’ and ‘black’ is called ‘white’, what isthe colour of grass?a. Red b. Black c. Whited. Green e. None of these

4. In a certain code, RAID is written as %#✶$, RIPE iswritten as %✶@©. How is DEAR written in that code?a. @©#% b. $@#% c. @$#%d. $©#% e. None of these

5. ‘Radish’ is related to ‘Root’ in the same way as‘Brinjal’ is related toa. Fruit b. Stem c. Flowerd. Root e. None of these

Directions (Q.Nos. 6 -10) Each of the questions belowconsists of a question and two statements numbered Iand II are given below it. You have to decide whether thedata provided in the statements are sufficient to answerthe question. Read both the statementsGive answer

a. if the data in statement I alone is sufficient to answer the

question, while the data in statement II alone is not sufficient

to answer the question

b. if the data in statement II alone is sufficient to answer the

question, while the data in statement I alone is not sufficient

to answer the question

c. if the data either in statement I alone or in statement II alone

are sufficient to answer the question

d. if the data even in both the statements I and II are not

sufficient to answer the question

e. if the data in both the statements I and II together are

necessary to answer the question

6. How many children are there in the group?

I. Sangita has scored more marks than 12 children inthe group.

II. Reena has scored less than Sangita.

7. What is the value of 3 6 $ 4 ✶ 8?

I.P $ Q means divide P by Q.II.A ✶ B means multiply A by B.

83

OFFICE ASSISTANT

IBPS RRBs-VI

MOCK PAPERONLINE EXAM NOVEMBER 12, 2017

Main (Phase II) Online Exam 2017

l This crack set consists of 200 questions in five parts.






I Reasoning 40

II English Language 40

III Numerical Aptitude 40

IV Computer Knowledge 40

V General Awareness 40


Part I Reasoning


8. What is Samir’s rank from the top in the class of30 students?

I. Sudhir, who is four ranks above Samir, is fifteenthin rank from the bottom.

II. Samir is three ranks below Neeta, who iseighteenth from the bottom.

9. Who among L, N, F, G and Q was the first to reachthe college?

I. F reached before L and G but not before Q, whowas not the first to reach.

II. N reached before F and G and L reached after F.

10. In the code language, what is the code for ‘fat’ ?

I. In the code language, ‘she is fat’ is written as ‘hera ca’.

II. In the same code language, ‘fat boy’ is written as‘ra ka’.

Directions (Q.Nos. 11-15) Below in each question aregiven two statements I and II. These statements may beeither independent causes or may be effects ofindependent causes or a common cause. One of thesestatements may be the effect of the other statement.Read both the statements and decide which of thefollowing answer choice correctly depicts therelationship between these two statements.Give answer

a. if statement I is the cause and statement II is its effect

b. if statement II is the cause and statement I is its effect

c. if both the statements I and II are independent causes

d. if both the statements I and II are effects of independentcauses

e. if both the statements I and II are effects of some commoncause

11. I. Large number of primary schools in the villagesin the district are closed down this year.

II. Severe drought situation gripped the stateresulting into acute shortage of drinking water.

12. I. Government has imposed a strict ban on use ofplastics all over the State.

II. All the small scale units producing plasticproducts are on the verge of closure.

13. I. Police had launched a crackdown on all thecriminal activities in the locality last month.

II. There has been a significant decline in the casesof criminal activities in the locality.

14. I. Large number of devotees visited the shrine onSaturday.

II. Every Saturday special prayers are offered.

15. I. The village panchayats in the State areempowered by the government to settle casesof land disputes in the villages.

II. There has been significant reduction in thenumber of criminal cases in the District Court.

Directions (Q.Nos.16 - 20) Study the following informa-tion carefully and answer the question given below.

Digits in the numbers are to be coded as follows.

Digit 3 5 7 2 4 6 1 8 9

Code F K R L D T G H B

Following conditions are to be applied

(i) if the first digit is even and the last digit is odd, both areto be coded as X.

(ii) if the first digit is odd and the last digit is even, both areto be coded as A.

(iii) if the first digit as well as the last digit is even, both areto be coded as the code for last digit.

(iv) if the first digit as well as the last digit is odd, both areto be coded as the code for the first digit.

Applying above conditions, you have to find out the correctcode for the letter in each question and indicate youranswer accordingly. If none of the codes is correct, (e), i.e.,‘None of these’ is your answer.

16. 364289a. BTDLHB b. FTDLHB c. FTDLHFd. BTDLHF e. None of these

17. 521437a. KLGDFK b. RLGDFR c. KLGDFRd. KLDGFK e. None of these

18. 392648a. ALBTDA b. XBLTDA c. XBLTDXd. ABLTDA e. None of these

19. 279654a. LRBTKD b. LRBTKL c. DRBTKLd. DRTBKD e. None of these

20. 725638a. ALKTFH b. ALKTFA c. XLKTFXd. XLKTFH e. None of these

Directions (Q.Nos. 21 - 28) In the following questions,the symbols @, #, $, % and & are used with differentmeanings as follows.

‘P @ Q’ means ‘P is neither smaller nor equal to Q’.

‘P # Q’ means ‘P is not greater than Q’.

‘P $ Q’ means ‘P is not smaller than Q’.

‘P % Q’ means ‘P is neither greater nor smaller than Q’.

‘P & Q’ means ‘P is neither greater nor equal to Q’.

In each of the following questions assuming the givenstatements to be true, find out which of the two conclusionsI and II given below them is/are definitely true.

Give answer

a. if only conclusion I is true

b. if only conclusion II is true

c. if either conclusion I or conclusion II is true

d. if neither conclusion I nor conclusion II is true

e. if both conclusions I and II are true

21. Statements G # H, H $ K, K @ M

Conclusions I. M # G II. G & M

22. Statements F $ D, H # M, M % D

Conclusions I. F $ H II. F @ H

23. Statements R & M, M # L, L $ Q

Conclusions I. M % Q II. M @ Q

24. Statements F # R, Q $ R, Q & M

Conclusions I. F # Q II. R & M

25. Statements D & T, R # T, R $ M

Conclusions I. M & T II. M % T

84


1. (e) Only lotus is a water flower.

2. (c) As ‘Jackal’ is ‘Carnivorous’ in the sameway ‘Goat’ is a ‘Herbivorous’.

3. (b) The colour of ‘Grass’ is ‘green’ and‘green’ is called ‘black’. Hence, the colour of‘Grass’ is ‘black’.

4. (d) R A I D ⇒ % # ✶ $

and R I P E ⇒ % ✶ @ ©

∴ D E A R ⇒ $ © # %

5. (a) As ‘Radish’ is related to ‘Root’ in thesame way ‘Brinjal’ is related to ‘Fruit’.

6. (d) The data even in both the statements Iand II is not sufficient to answer the question.

7. (e) From I and II,

36 $ 4 ✶ 8 = ÷ ×36 4 8 = × =36

48 72

8. (c) From I,

15 + • • • • • + 10

Sudhir Samir

∴ Samir’s rank from the top is 20th.

From II, 12 + • • • • + 14

Neeta Samir

∴ Samir’s rank from the top is 16th.

9. (a) From I, N > Q > F > L, G

Hence, N was the first to reach the college.

From II, N > F, G and F > L

There is no any information regarding Q.

10. (e) From I,

‘she is fat’ → ‘he ra ca’

From II, ‘fat boy’ → ‘ra ka’

∴ From I and II, fat → ra

11. (d) 12. (a) 13. (a) 14. (b) 15. (d)

16. (c) 17. (a) 18. (d) 19. (e) 20. (b)

21. (d) G # H ⇒ G ≤ H

H $ K ⇒ H ≥ K

and K @ M ⇒ K > M

∴ G ≤ H ≥ K > M

I. M # G ⇒ M ≤ G (False)

II. G & M ⇒ G < M (False)

22. (a) F $ D ⇒ F ≥ D

H # M ⇒ H ≤ M

and M % D ⇒ M = D

∴ F ≥ D = M ≥ H

I. F $ H ⇒ F ≥ H (True)

II. F @ H ⇒ F > H (False)

23. (d) R & M ⇒ R < M

M # L ⇒ M ≤ L

and L $ Q ⇒ L ≥ Q

∴ R < M ≤ L ≥ Q

I. M % Q ⇒ M = Q (False)

II. M @ Q ⇒ M > Q (False)

24. (e) F # R ⇒ F ≤ R

Q $ R ⇒ Q ≥ R

and Q & M ⇒ Q < M

∴ F ≤ R ≤ Q < M

I. F # Q ⇒ F ≤ Q (True)

II. R & M ⇒ R < M (True)

25. (c) D & T ⇒ D < T

R # T ⇒ R ≤ T

and R $ M ⇒ R ≥ M

∴ D < T ≥ R ≥ M

I. M & T ⇒ M < T

II. M % T ⇒ M = T

One of the either is true.

26. (b) E % H ⇒ E = H

H $ M ⇒ H ≥ M

and M # Q ⇒ M ≤ Q

∴ E = H ≥ M ≤ Q

I. H $ Q ⇒ H ≥ Q (False)

II. E $ M ⇒ E ≥ M (True)

27. (e) S # A ⇒ S ≤ A

S @ T ⇒ S > T

and L & T ⇒ L < T

∴ L < T < S ≤ A

I. L & A ⇒ L < A (True)

II. S @ L ⇒ S > L (True)

28. (a) G $ J ⇒ G ≥ J

J @ K ⇒ J > K

and K % N ⇒ K = N

∴ G ≥ J > K = N

I. G @ N ⇒ G > N (True)

II. G % N ⇒ G = N (False)

29. (b) L $ 3 and B # 1

30. (a)

31. (b) After dropping all the vowels, we get,

Here, 13th element from the right is 7 and 5thelement to the right of 7 is G.

32. (a) On reversing the first ten elements,we get,

G H A © @ J U V 2 4

11th element from the left is ‘3’ and the third

element to the left of ‘3’ is ‘D’.

33. (d)

34. (c) F E B and J U V

35. (e) 8th element from the left is ‘%’ and10th element from the right is G. Theelement exactly midway between ‘%’ and ‘G’is ‘F’.

36. (d) Suneeta fulfills all the conditions.Hence, she is to be selected.

37. (a) Rakesh Rao fulfils all the conditionsexcept (iv) but he has been working as aSoftware Manager for the last 6 years soaccording to (B) his case is to be referred toVP.

38. (a) Ram Kumar fulfills all the conditionsexcept (iv) but he has been working as aSoftware Manager for the last 6 years soaccording to (B) his case is to be referred toVP.

39. (c) Since, the marks obtained by Nishantin graduation are not given. So, the dataprovided is not sufficient to take a decision.

40. (e) Kalyani is a TelecommunicationEngineer. Hence, she is not to be selected.

41. (e) Refer the second-last sentence of thesecond paragraph.

42. (a) Refer “......... what we should do whenrobots do arrive..............”

43. (d) The inventor thought the imaginarydeath rays to have been existing already.

44. (b) Refer the opening sentences of thethird paragraph.

45. (e) These heroes would not haveachieved their feat without their robotcompanions.

46. (d) Refer the third-last sentence ofthe passage.

47. (b) ‘Vanguard’ means leading characterin a movement or opinion.

48. (b) Refer ‘‘The robot was not a prop buta character ….’’

49. (c) Refer “It took some time .... anairplane.” (Third paragraph)

50. (d) Refer the last sentence of the thirdparagraph.

51. (c) 52. (b) 53. (a) 54. (c) 55. (d)

56. (b) 57. (c) 58. (d) 59. (e) 60. (a)

61. (a) That you have committed blunder isknown to everyone of us.

62. (e) Because of his honesty and hardwork, with which the chairman wasimpressed, he was given a substantial salaryrise./Impressed with his honesty and hardwork, the chairman gave him a substantialsalary rise.

63. (b) Had you told us in advance, wewould have certainly helped you.

64. (d) Barring (except) that he isshort-tempered, he possesses manyqualities of a good leader. /Although, he isshort-tempered, he possesses ..../In spite ofthe fact that he possesses many qualities ofa good leader, he is short-tempered.

65. (e) 66. (d) 67. (e)

68. (a)

95

K L

+2

$ 7

+2

:

+1

B 1

+2

G A

+2

:

+1

$ L % K M 5 I D T W 3 7 F E B # 1

W T D 5 M K % L $ 3 7 F B # 1 G

H @ J V 2 4

D 5 W, L 3 K, E # 7,

H G, U 2 @,

+2 – 4 +2 – 4 +2 – 4

+2 – 3 +2 – 4

Hints Solutions&


Directions (Q.Nos. 1-5) In each of these questions a number series is given.In each series one number is missing. Find out the missing number.

1. 7, 10, 15, 24, 39, ?a. 52 b. 50 c. 63 d. 62 e. None of these





Directions (Q.Nos. 6-10) Study the following table carefully and answer thegiven questions.

Number of Eggs Produced by Six Farms

Farm

Year A B C D E F

2000 420 360 396 528 492 444

2001 564 492 576 612 576 540

2002 588 612 624 648 576 564

2003 600 660 648 636 612 600

2004 648 708 684 672 660 672

2005 732 744 720 756 708 720

6. What is the average number of eggs produced by farm D over theyears?a. 7703 b. 7700 c. 7704d. 7604 e. Other than those given as options

7. The eggs produced by farm B in the year 2003 are approximately.what percent of the eggs produced by farm B over the years?a. 18% b. 16% c. 19%d. 20% e. Other than those given as options

8. What is the respective ratio of the dozens of eggs produced by farm Ato farm E in the year 2005?a. 59 : 61 b. 43 : 59 c. 61 : 58d. 61 : 59 e. Other than those given as options

97

ONLINE

EXAM

June 5,

2017

SOLVED PAPER

Part I Quantitative Aptitude


This question paper has 100multiple choice questions, whichare divided into three parts.

Before the completion of timelimit, the candidates are notpermitted to submit theiranswers.

To navigate between questions,the candidates can clickon thequestion number displayed tothe right of the screen.

Quantitative Aptitude

35II

Subject No. of QuestionsPart

35I

Reasoning Ability

30III English Language

* Based on Memory


PA

PE

R 9. What is the respective ratio of the dozens of eggsproduced by farms A, B and C together in the year2000, to the dozens of eggs produced by farms D, Eand F together in the same year?a. 60 : 40 b. 61 : 49 c. 49 : 61 d. 61 : 59 e. 7 : 61

10. What is the difference between the total numberof eggs produced by all the farms together in theyear 2001 and the year 2004?a. 8204 b. 8208 c. 8200d. 684 e. Other than those given as options

11. Tom started a business with ` 52000 and after 4months Harry joined him with ` 39000. At the end ofthe year out of the total profits Harry received total` 20000 including one-fourth of the profits ascommission for managing the business. What profitdid Tom receive?a. ` 40000 b. ` 20000 c. ` 30000d. ` 50000 e. Other than those given as options

12. Three Science classes A, B and C take a LifeScience test. The average score of class A is 83. Theaverage score of class B is 76. The average score ofclass C is 85. The average score of class A and B is 79and average score of class B and C is 81. Then theaverage score of classes A, B and C isa. 80 b. 80.5 c. 81 d. 81.5 e. 82

13. Two squares are chosen at random on a chessboard, what is the probability that they have a sidein common?

a.1

32b.

1

18c.

1

63d.

1

36e.

1

56

Directions (Q.Nos. 14-18) Read the following graphand answer the questions below.

14. What is the income of Company A?a. ` 21.6 crore b. ` 16.8 crore c. ` 22.4 crored. ` 27.5 crore e. Other than those given as options

15. What is the sum of net profit of company C, Dand F?a. ` 12 crore b. ` 10.48 crore c. ` 12.46 crored. ` 9.24 crore e. ` 8.64 crore

16. Find the difference between the total incomeand the total expenditure of all the six companies?a. ` 29.5 crore b. ` 25.8 crore c. ` 27.2 crored. ` 20.6 crore e. Other than those given as options

17. Profit of Company E is what percentage of theincome of company C?a. 120% b. 88.14% c. 900%d. 40% e. Other than those given as options

18. Income of Company B is how much percentagemore than the expenditure of company C?a. 125% b. 150% c. 30%d. 14% e. Other than those given as options

Directions (Q.Nos.19-23) In these questions twoequations numbered I and II have been given. You have tosolve both the equations and choose the correct option.

Give answer

a. if x y> b. if x y≥c. if x y< d. if x y≤e. if x y= or relationship between x and y cannot be established

19. I. x x2

3 4 0+ − = II. 10 51 56 02

y y+ + =

20. I. x x2

18 65 0+ + = II. 15 4 35 02

y y+ − =

21. I. x x2

10 25 0+ + = II. y y2

29 190 0+ + =

22. I. x x2

6 40 0− − = II. y y2

18 40 0+ − =

23. I. x x2

5 66 0+ − = II. 25 65 42 02

y y+ + =

Directions (Q.Nos. 24-28) Study the following graphcarefully and answer the questions.

Water Level of Four Major Rivers (in metres) in FourDifferent Months

24. If the water level of River-A in July is decreasedby 20%, then what will be the water level of River-Ain July?a. 156 m b. 162 m c. 164 md. 152 m e. Other than those given as options

25. In which river and in which month respectivelythe water level is the highest?a. River-C in August b. River-D in Septemberc. River-A in July d. River-B in Auguste. Other than those given as options

26. What is the average water level of River-A in allthe four months together?a. 224.50 m b. 212.25 m c. 210.75 md. 222.25 m e. other than those given as options

27. If the danger level of all the four rivers is above215 m , which river has not crossed the danger levelin August but has crossed the danger level in July?a. River-A b. River-B c. River-Cd. River-D e. None of these

28. What was the respective ratio between the levelof River-C in September and the water level ofRiver-B in June?a. 91 : 101 b. 94 : 101 c. 51 : 103 d. 31 : 101 e. 92 : 101

98

250

200

150

100

50

0

196

Wate

rle

ve

l

(in

me

tre

s)

June July August September

River-A

River-B

River-C

River-D

202

196

146

205

224

210

200

230

211

230

235

212

207

184

219

AF

C

30%15%

9%

B18%

E

17%

D11%

% Expenditure of Various Company

Total Expenditure = 40 crore`

Company Profit%

A 40

B 25

C 50

D 60

E 70

F 80

P% = (Income – Expenditure)

/Expenditure × 100


PA

PE

R

29. The time taken by a boat to travel 117 kmdownstream is 9 hours and the same distance

upstream is 13 hours. The speed of the stream is1

4of

the speed of the boat. Find the distance travelled bythe boat going upstream in 2 hours?a. 32 km b. 14 kmc. 18 km d. 20 kme. Other than those given as options

30. The ratio of Smita’s age to her mother is 3 : 7respectively and the difference in their ages is 32years. What will be the ratio of their ages 4 yearshence?a. 4 : 19 b. 5 : 14c. 3 : 20 d. 7 : 15e. 3 : 8

31. The ratio of number of male and femaleemployees in an office is 5 : 3. In the office there areEngineers and Managers. If 30% of the maleemployees are managers and 40% of the femaleemployees are engineers then what is the ratio ofnumber of Engineers in the company to the totalnumber of employees?a. 47 : 43 b. 33 : 50c. 47 : 80 d. 52 : 75e. Other than those given as options

32. In a mixture of 150 L, the ratio of milk to water is2 : 1. What amount of water should be further addedto the mixture so as to make the ratio of the milk towater 1 : 2 respectively?a. 145 L b. 160 L c. 180 Ld. 150 L e. Other than those given as options

33. The average speed of a bus is three-fifths of theaverage speed of a car which covers 3250 km in 65hours. What is the average speed of the bus?a. 30 km/h b. 20 km/h c. 35 km/hd. 36 km/h e. Other than those given as options

34. Mehul sold an item for ` 5625 and incurred a lossof 25%. At what price should he have sold the itemto gain a profit of 25%?a. ` 9375 b. ` 9357c. ` 9753 d. ` 9573e. Other than those given as options

35. A person spends1

3of his income on food. He

spends the rest of the income in the ratio 4 : 1 on

buying clothes and books respectively. He spent

` 2400 on the books. Find the total income of man.

a. ` 18000 b. ` 24000c. ` 12000 d. ` 14000e. Other than those given as options

99

36. A is wife of B. D is brother of A. P and Q are thechildren of E, who is wife of D. How is B relatedto Q?a. Father b. Grandmotherc. Uncle d. Father-in-lawe. Cousin

Directions (Q.Nos. 37-39) Study the followinginformation and answer the questions.

Lalit goes to his office from his house with his son by abike. He drives the bike from point A. He drives 6 kmtowards South and reaches point B. Then he turns to hisright and drives 8 km and reaches a bakery shop.

37. How far is bakeries shop from point A and inwhich direction?a. 10 km, South-West b. 11 km, North-Eastc. 12 km, South-West d. 13 km, South-Easte. Other than those given as options

38. From bakery store Lalit turns to his right anddrives 4 km and reaches Point C. He then takes aright turn and drives 5 km and reaches school anddrops his son. What is the distance between bakeryshop and school?a. 3.10 km b. 5.13 kmc. 6.4 km d. 4.56 kme. 7.5 km

39. From the school he drives 5 km towards left thenturns right and drives 2 km and reaches point D.Point D is in which direction of Point A?a. North-West b. South-Westc. South-East d. North-Easte. North

Directions (Q.Nos. 40-44) Study the followinginformation and answer the given questions.

Maya, Pavan, Amit, Arvind, Raghu, Rajeev and Ashoklive in different floors of the same building. Thelowermost floor of the building is numbered 1, the floorimmediately above that is numbered 2 and so on till thetopmost floor is numbered 7.

Arvind lives in an even numbered floor. Maya does notlive above Arvind’s floor. Pavan lives three floors aboveRajeev’s floor. Only one person is living between thefloor in which Rajeev and Maya are living. Ashok lives inan odd numbered floor. Rajeev does not live belowArvind. Amit lives in the floor immediately aboveAshok’s floor.

40. Who lives in floor number 3?a. Maya b. Raghu c. Rajeevd. Amit e. Ashok

41. Who is living immediately above Raghu’s floor?a. Maya b. Ashok c. Amit d. Pavan e. Rajeev

42. Who lives on the topmost floor?a. Amit b. Ashok c. Pavan d. Raghu e. Maya

43. On which floor is Amit living?a. 7 b. 6 c. 5 d. 4 e. 3

44. If all the people are arranged in the same orderas they would appear in the dictionary, starting fromtop floor to bottom floor, position of how manyperson(s) will remain unchanged after therearrangement?a. None b. One c. Twod. Three e. More than three

Part II Reasoning Ability


PA

PE

R

Total number of eggs produced by all thefarms together in the year 2001

= + + + + +564 492 576 612 576 540

= 3360

∴ Required difference = − =4044 3360 684

11. (a) Ratio of profit of Tom and Harry

= × ×52000 12 39000 8:

= × ×52 12 39 8: = =624 312 2 1: :

Harry received = ` 20000

Let, total profit earned = ` x

∴ Share of Harry

=+

×1

2 1( )Total profit earned

⇒ 200001

3= × x ⇒ x = ×3 20000

⇒ x = ` 60000

∴ Share of Tom = −60000 20000 = ` 40000

Hence, Tom received = ` 40000

12. (d) Given Average score of class A = 83

Average score of class B = 76

Average score of class C = 85

and Average score of class ( )A B+ = 79

i.eA B+ =

279 …(i)

Average score of class ( )B C+ = 81

i.e( )B C+ =

281 ...(ii)

∴ Average score of class ( ) .C A+ = 84 5

i.e( )

.C A+ =

284 5 ...(iii)

Now, adding Eqs. (i), (ii) and (iii), we have

A B B C C A+ + + + + = + +2 2 2

79 81 84 5.

⇒ 2

2244 5

( ).

A B C+ + =

⇒ A B C+ + = 244 5.

Now, average score of class A, B and C

= + +A B C

3= 244 5

3

. = 815.

13. (a) Required probability = × =2 1

64

1

32

14. (b) Expenditure of Company A

= × =40 30

10012` crore

∴ P% = − ×Income Expenditure

Expenditure100

⇒ 4012

12100= − ×Income

⇒ 100 × Income − 1200 480=⇒ 100 × Income = + =480 1200 1680

⇒ Income = =1680

10016 8.

⇒ Income = ` 16 8. crore

15. (d) Expenditure of Company C

= × =409

1003 6` . crore

Expenditure of Company D

= × =4011

1004 4` . crore

Expenditure of Company F

= × =4016

1006` crore

Now, Income of Company C.

503 6

3 6100= −

×Income .

.

⇒ 180 = Income × 100 360−

⇒ Income = =540

1005 4` . crore

⇒ C’ Income = ` 5 4. crore

Now, Income of Company D,

604 4

4 4100= −

×Income .

.

⇒ 264 = Income × 100 440−

⇒ Income = =704

1007 04` . crore

⇒ D’ Income = ` 7 04. crore

Now, Income of Company F,

806

6100= −

×Income

⇒ 480 = Income × 100 600−

⇒ Income = =1080

10010 8` . crore

⇒ F’ Income = ` 10 8. crore

∴ Net profit of Company C

= Income − Expenditure

= − =5 4 3 6 18. . .` crore

Net profit of Company D


= − =7 04 4 4 2 64. . .` crore

Net profit of Company F


= − =10 8 6 4 8. .` crore

∴ Sum of net profit of Company C, D and F

= + +` ( . . . )18 2 64 4 8 = ` 9 24. crore

16. (d)

17. (b) Income of Company

E = ` 11.56 crore

and Expenditure of Company E = ` 6.8crore

∴ Profit of Company

E = 11.56 − 6.8 = ` 4.76 crore

and Income of Company C = ` 5.4 crore

∴ Required percentage = ×476

5 4100

.

.

= ×476

540100 = 4760

54= 8814. %

18. (e) Income of Company B = ` 9 crore

and Expenditure of Company = ` 3 6. crore

∴ Required percentage

= × =9

3 6100 250

.%

19. (e) 20. (c)

21. (a) I. x x2 10 25 0+ + =

⇒ x x x2 5 5 25 0+ + + =⇒ x x x( ) ( )+ + + =5 5 5 0

⇒ ( ) ( )x x+ + =5 5 0

⇒ x = − −5 5,

II. y y2 29 190 0+ + =⇒ y y y2 19 10 190 0+ + + =⇒ y y y( ) ( )+ + + =19 10 19 0

⇒ ( ) ( )y y+ + =19 10 0

⇒ y = − −19 10,

∴ x y>

22. (e) I. x x2 6 40 0− − =

⇒ x x2 10 4 40 0− + − =⇒ x x x( ) ( )− + − =10 4 10 0

⇒ ( ) ( )x x+ − =4 10 0

⇒ x = − 4 10,

II. y y2 18 40 0+ − =⇒ y y y2 20 2 40 0+ − − =⇒ y y y( ) ( )+ − + =20 2 20 0

⇒ ( ) ( )y y+ − =20 2 0

⇒ y = −2 20,

Here, relationship between x and y cannotbe establish.

23. (e) I. x x2 5 66 0+ − =

⇒ x x x2 11 6 66 0+ − − =⇒ x x x( ) ( )+ − + =11 6 11 0

⇒ ( ) ( )x x+ − =11 6 0

⇒ x = − 11 6,

II. 25 65 42 02y y+ + =⇒ 25 35 30 42 02y y y+ + + =⇒ 5 5 7 6 5 7 0y y y( ) ( )+ + + =⇒ ( ) ( )5 7 5 6 0y y+ + =

⇒ y = − −7

5

6

5,

Here, relationship between x and y cannotbe established.

24. (c) Water level of River-A in July

= × −205

100 20

100

( ) = × =20580

100164m m

25. (a) From given table it is clear that thewater level of River-C was the highest in themonth of August.

26. (c) Average water level of River-A in allthe months together

= + + + =1

4196 205 230 212

843

4[ ] m

= 21075. m

27. (b) From given table it is clear that River-Bhad not crossed the danger level in Augustbut had crossed the danger level in July.

28. (e) Water level of River-C in September

= 184 m

and water level of River-B in June = 202 m

∴ Required ratio = 184 202: = 92 101:

29. (c)

30. (d) Let, Smita’s present age = S

and her mother’s present age = M


S

M= 3

7⇒ 3 7M S= …(i)

and M S− = 32 …(ii)

⇒ 3 3 96M S− =⇒ 7 3 96S S− = [Q3 7M S= ]

⇒ 4 96S = ⇒ S = 24 yr

∴ 3 7 7 24M S= = ×

⇒ M = ×7 24

3

⇒ M = 56 yr

∴ Ratio of their ages after 4 yr

= ++

= ++

=S

M

4

4

24 4

56 4

28

60= =7

157 15:

104

PA

PE

R


31. (e) Let, Male Employee in Company = 5x

and Female employee in company = 3x

∴ Total employee in company

= + =5 3 8x x x

Number of Managers in Company

= × =530

100

3

2x

x

Number of Engineers in Company

= × =340

100

6

5x

x

∴ Required ratio = Number of Engineer :

Total employee = 6

58

xx: =

6

58:

= =6 40 3 20: :

32. (d) 33. (a)

34. (a) Given, SP = ` 5625, Loss % = 25%

∴ CP SP= ×−100

100( %)Loss

= ×−

5625100

100 25( )

= × =5625100

757500`

Now, to gain profit of 25%, SP

= × +7500

100 25

100

( )

= ×7500125

100= ×75 125 = ` 9375

35. (a) 36. (c)

Solutions (Q.Nos. 37-39) From giveninformation, direction diagram is as below.

37. (a) Distance of bakery shop from point

A AB= +( ) ( )2 28 = +( ) ( )6 82 2

= +36 64 = =100 10 km

and the direction is South-West

38. (c) Distance between bakery shop and

school = +( ) ( )4 52 2 = +16 25

= 141 = 6 4031. = 6 4. km

39. (d) From direction diagram it is clear thatpoint D is in North-West direction from pointA.

Solutions (Q. Nos. 40-44) From giveninformation, arrangement is as follows.

Floor Number Person

7 Pavan

6 Amit

5 Ashok

4 Raghu

3 Rajeev

2 Arvind

1 Maya

40. (c) 41. (b) 42. (c) 43. (b)

44. (b)

FloorNumber

PersonNew arrangement of

person

7 Pavan Amit

6 Amit Arvind

5 Ashok Ashok

4 Raghu Maya

3 Rajeev Pavan

2 Arvind Raghu

1 Maya Rajeev

It is clear from table that only one personAshok’s position will remain unchangedafter the rearrangement.

Solutions (Q.Nos. 45-49) From givenarrangement, seating arrangement is asfollows

45. (a) 46. (a)

47. (e) Five people sit between X and W

when counted in anti-clockwise directionfrom W.

48. (d) 49. (a)

Solutions (Q. Nos. 50-54) According to thegiven information

50. (c) From Eq. (v), 47 → glass

51. (a) Here, cap → 56, black → 97,

two → 84

∴ cap black two → 84 56 97

52. (b) Here, 84 → two, 25 → lie,

92 → study or kind

∴ From option (b), 84, 25, 92→ study two lie

53. (e) Seven distincts words can theirrespective codes be determined.

54. (b) 55. (b) 56. (d)

Solutions (Q.Nos. 57-59) From giveninformation, diagram is as below.

57. (d) 58. (a) 59. (c)

Solutions (Q. Nos. 60-64) From giveninformation, arrangement is as follows.

Day Student

Monday T

Tursday R

Wednesday U

Thursday W

Friday P

Saturday S

Sunday Q

60. (b) 61. (c) 62. (d) 63. (d) 64. (a)

65. (c) As,

and

Same as,

Solutions (Q.Nos. 66-70) From giveninformation, arrangement is as follows

66. (a) New arrangement in ascending orderis as follows

From figure it is clear that none of thepersons position will remain unchanged.

67. (c) 68. (c) 69. (d) 70. (a) 71. (e)

72. (b) 73. (d) 74. (a) 75. (d) 76. (c)

77. (e) 78. (a) 79. (d) 80. (e) 81. (a)

82. (b) The main clause is in Past Tense. So,the subsequent clause will be in ‘Past Tense’too. Hence ‘has’ is to be deleted.

83. (a) It is inappropriate to make possessive ofthe non-living thing. Hence, it is wrong to use‘Delhi’s water supply’. It should be written as‘The water supply of Delhi’.

84. (b) Replace ‘a two-miles walk’ by ‘atwo-mile walk’. It will rectify the sentence.

85. (b) ‘Ordered’ is not followed by ‘for’.

86. (b) ‘Come to’ is the wrong usage. Itshould be ‘visit' which will make it correct.

87. (c) ‘Debarred’ is followed by ‘from’. ‘Tosend’ is to be replaced by ‘from sending’.

88. (b) Use Preposition ‘with’ after‘awareded’.

89. (c) ‘More tall’ is to be replaced with‘taller’.

90. (b) ‘Fond’ is followed by ‘of’ and not by‘for’.

91. (b) 92. (b) 93. (d) 94. (c) 95. (a)

96. (e) 97. (d) 98. (e) 99. (a) 100. (c)

105

2 km

5 km

5 km

4 km6 km

8 kmBakery

Shop

School

A

D N

S

W E

C

B

JX

VUW

MA

B

task night cheek black stage

39 35 36 7097 ...(i)

...(ii)

two kind study cap lie

92 56 25 8384

...(iii)

two lab night cheek cap

35 16 56 39 84

...(iv)

actor work task night

35 77 36 42

...(v)

cap stage study kind glass

83 56 47 70 92

Wrestler Advocate

Son

Son

Boxer

Athlete

Child

F+

C +

D

G

A

–

–

–

E+

B+

M

N

–1

I

H

+1

C

D

R

Q

+1+1

O

P

–1

W

X

–1

I

H

+1

D

E

E

D

+1+1

S

T

–1

S

T

–1

T

S

+1

A

B

I

H

+1+1

N S

O R

–1 –1

( )Q N G H F M L O

( )F G H L M N O Q


1. …… are specially designed computer chips that resideother devices, such as your car or your electronicsthermostat.a. Servers b. Embedded computers

c. Robotic computers d. Mainframe

e. None of these

2. Which among the following is a symbol on the screenthat represents a disk, document or program that youcan select?a. Keys b. Caps c. Icon

d. Monitor e. Program

3. A repair for a known software bug, usually availableat no charge on the Internet, is called a(n)a. Version b. Patch c. Tutorial

d. FAQ e. None of these

4. Which among the following refers to the overallstructure of the database?a. View b. Conceptual

c. Schema d. Data independence

e. Normalisation

5. Which component is required to process data intoinformation and consists of integrated circuits?a. Hard disks b. RAM

c. CPU d. ROM

e. Floppy disks

6. The DBMS ensures data integrity by managingtransactions through ACID test. What does ACIDstands for in computer science?a. Artistic, Collaborative, Inference, Durability

b. Analytic, Consistency, Inference, Duration

c. Atomicity, Consistency, Isolation, Durability

d. Atomicity, Collaborative, Inference, Duration

e. Adherence, Consistency, Isolation, Durability

7. In the following URL :http://www.example.com:80/path/to/myfile.htmlHere 'www.example.com’, ‘:80’ and stand for ..........and .......... respectively.a. IP and Source b. Domain name and Port

c. File name and Path d. Path and Port

e. IP and Locator

8. Different components on the motherboard of a PC unit arelinked together by sets of parallel electrical conductinglines. What are these lines called?a. Conductors b. Buses c. Connectors

d. Consecutive e. None of these

9. Which of the following is the correct option that allowsusers to bring together copies of workbooks that otherusers have worked on independently in MS Excel?a. Copying b. Merging c. Pasting

d. Compiling e. None of these

10. Which of the following software majors has entered into ajoint venture with the Saudi Prerogative Company to offerIT services in the middle east country?

a. HCL b. TCS c. Intel d. Wipro e.lnfosys

11. An electronic device, operating under the control ofinstruction that can accept and process the data, produceoutput and store the results for future use, is calleda. Input b. Computer c. Software

d. Hardware e. None of these

12. Which PowerPoint view displays each slide of thepresentation as a thumbnail and is useful for rearrangingslides?a. Slide Sorter b. Slide Show c. Slide Master

d. Notes Page e. Slide Design

13. What do we call a network, whose elements may beseparated by some distance? It usually involves two or morenetwork and dedicated high speed telephone lines.a. LAN b. WAN c. URL

d. PAN e. None of these

14. In Microsoft PowerPoint, two kinds of sound effects filesthat can be added to the presentation area. .wav files and .mid files b. wav files and .gif files

c. wav files and .jpg files d. jpg files and .gif files

e. None of these

15. Which of the following technology firms launched a newpremium smart phone named ‘Pixel’, which will rival withthe likes of Apple and Samsung?a. Microsoft b. Google c. Nokia

d. Xiaomi e. Huawei

121

Practice Dossier

Computer Knowledge2 5 B o o s t e r s


l BANKING INNOVATION

n Recently the Union Cabinet hasapproved the establishment of ‘Fund ofFunds for Startups’ (FFS) at which of thefollowing bank? SIDBI

n Which bank became the first privatesector bank in India to open dedicatedbranch for start-ups? RBL Bank

n The first bank to offer ‘RuPay KisanCard’ with ‘Aadhaar’ authentication is

Oriental Bank of Commerce

n A fixed amount paid once a year or atinterval of a stipulated period is known as

Annuity

n The banks are required to maintain acertain ratio between their cash in handand total assets, which is called

Statutory Liquid Ratio.

n India’s first contactless mobile paymentsolution ‘iTap’ has been launched by

ICICI Bank

n Andhra Bank launched ImmediatePayment Service (IMPS) across all itsbranches in association with the National

Payments Corporation of India (NPCI)

n Which bank launched skill developmentmission initiated by the Centre to trainmillions of youths and make India a hubfor skilled workforce? Federal Bank

n Union government has launched aseven pronged plancalled IndradhanushMission to revamp functioning of

Public Sector Banks

n Which bank along with SIDBI enteredinto a partnership to guarantee 75% ofloans of up to ` 15 crore extended toenergy efficiency projects under theWorld Bank initiative? Yes Bank

n Which state became the first State inthe country to allow issuance of motorinsurance policies in digital form bylaunching e-Vahan Bima Scheme?

Telangana

n Which bank has launchediWork@home programme for its womenemployees? ICICI Bank

n Max Life and Max Financial Servicesagreed to merge with which life insurancecompany? HDFC Life

n The private sector bank which receivedthe prestigious Green Bond PioneerAward for being the 'Pioneers in EmergingMarkets-India' is YES Bank

n The subsidiary of Tata Teleserviceswhich announced its tie-up with IndianRailway Catering and TourismCorporation to provide an additionalpayment gateway is mRUPEE

n Niraj Mittal was appointed as theManaging Director and Head ofInstitutional Banking of DBS Bank India

l ECONOMY

n The committee that was constituted toexamine the desirability and feasibility ofhaving ‘a new financial year’ will beheaded by which former Chief EconomicAdviser Shankar Acharya

n The maximum contribution GrossDomestic Product (GDP) in India by thevarious sectors of the economy in lastten-years is Service-Industry-Agriculture

n India ranked which position on theSustainable development Goal Index ofthe United Nation over 149 nations? 110

n The major contribution towards theGross Domestic Saving in India in recenttime is Household Sector

n According to Census 2011, which Statehas lowest rural population? Sikkim

n Which Indian Union Territory hashighest sex ratio? Puducherry

n The annual average economic growthtarget revised by the PlanningCommission for the 12th Five Year Plan(2012-17) from the 9% envisaged earlierto 8.0%

n Which project of Kerala government willbring together different schemes in healthsector under one umbrella?

Sampoorna Arogya Keralam

n The economy of India is the seventh-largest in the world by Nominal GDP

n Which was appointed as the head ofone man committee to study issuesrelated to gramin dak sevaks?

Kamlesh Chandra

n The World Bank in its Global EconomicProspect report projected a robust growthfor the Indian economy in the 2017 is 7.1%

n To reduce the premium burden onfarmers and ensure early settlement ofclaim for the full sum insured, the UnionCabinet approved the proposal of

Crop Insurance Scheme

n From the view of International economy,What does the third World imply?

The Developing Countries

n Which initiative has recently beenlaunched by NITI Aayog?

Women Transforming India

n The Atal Pension Yojana (APY) is opento all Indians between the age of

18-40 years

n Meghalaya became the first State inNorth-East India to achieve 100%success in implementing the

Pradhan Mantri Jan Dhan Yojana

l FINANCIAL INSTITUTION

n Export-Import Bank of Indiacommenced operations in 1982

n First Regional Rural Bank came intoexistence in October 2, 1975

n Industrial Credit and InvestmentCorporation of India (ICICI) wasestablished in 1991

n The first development financialinstitution in India that has got mergedwith a bank is ICICI Bank

n In 1960, the first State IndustrialDevelopment Corporations (SIDC) wasestablished in Bihar

n All India Financial Institutions (AIFI) is agroup composed of DevelopmentFinance Institutions (DFI) and InvestmentInstitutions that play a pivotal role in the

Financial Markets

n Industrial Finance Corporation of Indiais government-owned development bankto cater to the long-term finance needs ofthe Industrial Sector

n National Housing Bank (NHB), a whollyowned subsidiary of Reserve Bank ofIndia (RBI), was set-up on July 9, 1988

123

BANKING AWARENESS

ONE L ners

Exam Focus

ECONOMY

& BANKING

Q&A

Knowledge Plus


What is a Currency Chest?

To facilitate the distribution of banknotes and rupee coins,the Reserve Bank of India has authorised select branchesof scheduled banks to establish currency chests. These areactually storehouses where banknotes and rupee coins arestocked on behalf of the RBI. As on March 31, 2015, therewere 4132 currency chests. The currency chest branchesare expected to distribute banknotes and rupee coins toother bank branches in their area of operation.

Discuss about the Taxation Laws

(Amendment) Bill, 2016.

The Lok Sabha passed the Taxation Laws (Amendment)Bill, 2016 on August 10, 2016, that seeks to amend theIncome Tax Act, 1961, and Customs Tariff Act, 1975. TheBill seeks to amends the Income Tax Act (IT), 1961 and theCustoms Tariff Act, 1975. It will provide income tax benefitto employers in the textile sector on additional employmentprovided the employee has worked for 150 days and not240 days as mandated earlier.

Amendments to IT Act, 1961

Deduction in respect of employment of new employeesThe limit of employing employee for minimum of 240 daysin the previous year to obtain a deduction on taxableincome has been reduced to 150 days for businesseswhich manufacture apparel.

Amendments Customs Tariff Act, 1975

Customs duty on marble and granite blocks and slabsProposes to increase in customs duty on imports of graniteand marble to 40% from earlier 10%

Explain guidelines for ‘On-Tap’ Bank

Licence.

The RBI released much-awaited guidelines for 'on tap'universal banking licence on August 1, 2016 , but excludedlarge industrial houses as eligible entities from the purview,though they can invest in banks up to 10 %. As per the‘‘Guidelines for 'on tap' Licensing of Universal Banks in thePrivate Sector’’, the initial minimum paid-up voting equitycapital for a bank should be ` 500 crore and thereafter, thebank should have a minimum net worth of ` 500 crore at alltimes. Some features of the draft norms include

l a minimum capital of ` 500 crore

l a 10-year track recordl requirement of 10 year’s experience for individual

applicants in banking and financel minimum 13 % capital adequacy ratio for three yearsl promoter’s stake to be reduced to 30 % over 10 years

and to 15 % over 12 yearsl the bank to be listed on the stock exchanges within 6

years

It is important to note that the companies having assetsworth ` 50 billion or more, who derive over 40 % of theirincome from non-financial business are prohibited. Theforeign shareholding in the bank would be as per theexisting FDI. At present, the aggregate foreign investmentlimit is 74 %.

What is Recovery of Debts Laws

Amendment Bill, 2016?

The Parliament has passed Enforcement of Security Interestand Recovery of Debts Laws Amendment Bill, 2016 onAugust 1,2016. It was first passed in Lok Sabha and later inRajya Sabha. The Bill seeks to strengthen the debt recoverylaws, improve financial health of the banks and lead to easeof doing business. Key Features

The Bill seeks to amend four laws

(i) Securitisation and Reconstruction of Financial Assetsand Enforcement of Security Interest (SARFAESI) Act,2002

(ii) Recovery of Debts due to Banks and FinancialInstitutions Act (RDDBFI), 1993

(iii) Depositories Act, 1996 and

(iv) Indian Stamp Act, 1899.

Explain about India Post Payments Bank.

The Union Cabinet under the chairmanship of PrimeMinister Narendra Modi has given its approval for setting upthe India Post Payments Bank (IPPB) as a Public LimitedCompany under the Department of Posts, with 100%government of India equity. The Cabinet approved aproposal in this respect on June 1, 2016. India has 154000post offices, of which 139000 are rural post offices. IPPBwill obtain banking licence from the Reserve Bank of India(RBI) by March 2017 and by September 2017, all 650branches of the postal payments bank would becomeoperational.

Its services will be available across the country throughthese 650 payments bank branches, linked post offices andalternative channels, riding on modern technology includingmobiles, ATMs and simple digital payments. At present, thecore banking network of post offices is more than that ofthe country’s largest lender State Bank of India (SBI). AfterState Bank of India, India Post has the largest depositsvalued at ` 6 lakh crore.

Which new Agenda will replace Five-Year

Plans?

Abandoning the ancient concept of Five-Year Plans thatIndia has been following since 1951, the National Institutionfor Transforming India (NITI) Aayog has decided on June22, 2016 to come up with a 15-year vision document intandem with global trends and economic growth.

The first 15-year vision document will come into effect from2017-18 after the end of the 12th Five Year Plan. It will beformulated with central objective of eradication poverty. Itwill come along with a 7-year National DevelopmentAgenda which will lay down the programmes schemes, andstrategies to achieve the long-term vision. The long vision

125

01

02

03

04

05

06


President Ram Nath Kovind

Vice-President M. Venkaiah Naidu

Prime Minister Narendra Modi

Cabinet MinisterMinister Portfolio

Rajnath Singh Home Affairs

Sushma Swaraj External Affairs

Arun Jaitley Finance and Corporate Affairs

Nitin Jairam Gadkari Road Transport and Highways,Shipping; Water Resources, RiverDevelopment and Ganga Rejuvenation

Suresh Prabhu Commerce and Industry

DV Sadananda Gowda Statistics and ProgrammeImplementation

Uma Bharati Drinking Water and Sanitation

Ramvilas Paswan Consumer Affairs, Food and PublicDistribution

Maneka Sanjay Gandhi Women and Child Development

Ananth Kumar Chemicals and Fertilizers,Parliamentary Affairs

Ravi Shankar Prasad Law and Justice, Electronics andInformation Technology

Jagat Prakash Nadda Health and Family Welfare.

Ashok Gajapathi RajuPusapati

Civil Aviation

Anant Geete Heavy Industries and Public Enterprises

Harsimrat Kaur Badal Food Processing Industries

Narendra Singh Tomar Rural Development, Panchayati Raj andMines

Chaudhary Birender Singh Steel

Jual Oram Tribal Affairs

Radha Mohan Singh Agriculture and Farmers Welfare

Thaawar Chand Gehlot Social Justice and Empowerment

Smriti Zubin Irani Textiles; Information and Broadcasting

Harsh Vardhan Science and Technology, EarthSciences, Environment, Forest andClimate Change

Prakash Javadekar Human Resource Development

Dharmendra Pradhan Petroleum and Natural Gas, SkillDevelopment and Entrepreneurship

Piyush Goyal Railways and Coal

Nirmala Sitharaman Defence

Mukhtar Abbas Naqvi Minority Affairs

Ministers of State (Independent Charge)

Minister Portfolio

Rao Inderjit Singh Planning, Chemicals and Fertilizers

Mahesh Sharma Culture, Environment, Forest and ClimateChange

Giriraj Singh Micro, Small and Medium Enterprises

Manoj Sinha Communications; Railways

Santosh Kumar Gangwar Labour and Employment

Shripad Yesso Naik Ayurveda, Yoga and Naturopathy, Unani,Siddha and Homoeopathy (AYUSH)

Jitendra Singh Development of North-Eastern Region;Prime Minister’s Office, Personnel, PublicGrievances and Pensions, Department ofAtomic Energy, Department of Space

Minister Portfolio

Rajyavardhan SinghRathore

Youth Affairs and Sports; Information andBroadcasting

Raj Kumar Singh Power; New and Renewable Energy

Hardeep Singh Puri Housing and Urban Affairs

Alphons Kannanthanam Tourism; Electronics and InformationTechnology

Ministers of State

Minister Portfolio

Vijay Goel Parliamentary Affairs, Statistics andProgramme Implementation

Radhakrishnan P. Finance and Shipping

SS Ahluwalia Drinking Water and Sanitation

Ramesh ChandappaJigajinagi

Drinking Water and Sanitation

Ramdas Athawale Social Justice and Empowerment

Vishnu Deo Sai Steel

Ram Kripal Yadav Rural Development

Hansraj Gangaram Ahir Home Affairs

Haribhai ParthibhaiChaudhary

Mines and Coal

Rajen Gohain Railways

VK Singh External Affairs

Parshottam Rupala Agriculture and Farmers Welfare andPanchayati Raj

Krishan Pal Social Justice and Empowerment

JaswantsinghSumanbhai Bhabhor

Tribal Affairs

Shiv Pratap Shukla Finance

Ashwini Kumar Choubey Health and Family Welfare

Sudarshan Bhagat Tribal Affairs

Upendra Kushwaha Human Resource Development

Kiren Rijiju Home Affairs

Virendra Kumar Women and Child Development andMinistry of Minority Affairs

Anant Kumar Hegde Skill Development and Entrepreneurship

MJ Akbar External Affairs

Niranjan Jyoti Food Processing Industries

YS Chowdary Science & Technology and Earth Sciences

Jayant Sinha Civil Aviation

Babul Supriyo Heavy Industries and Public Enterprises

Vijay Sampla Social Justice and Empowerment

Arjun Ram Meghwal Parliamentary Affairs, Water Resources,River Development & Ganga Rejuvenation

Ajay Tamta Ministry of Textiles

Krishna Raj Agriculture and Farmers Welfare

Mansukh L. Mandaviya Road Transport and Highways; Shipping;Chemicals & Fertilizers

Anupriya Patel Health and Family Welfare

CR Chaudhary Consumer Affairs, Food and PublicDistribution; and Commerce and Industry

PP Chaudhary Law and Justice and Corporate Affairs

Subhash RamraoBhamre

Defence

Gajendra SinghShekhawat

Agriculture and Farmers Welfare

Satya Pal Singh Human Resource Development, WaterResources, River Development andGanga Rejuvenation

127

PORTFOLIOAND PERSON

in a project. earlier, the navaratna companies could invest · pdf file ·...

Documents