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GuruBankin September 2017

AAJEEVIKA GRAMEEN EXPRESS YOJANA LAUNCHED

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The government will launch a new scheme, named AajeevikaGrameen Express Yojana (AGEY), to provide an alternativesource of livelihood to members of Self Help Groups (SHGs).This scheme will be launched under Deendayal AntyodayaYojana-National Rural Livelihoods Mission (DAY-NRLM).This announcement was made on July 22, 2017.

OBJECTIVES & MODE OFIMPLEMENTATIONAs mentioned by Minister of State for Rural Development,Ram Kripal Yadav the main objectives of AGEY are to provide an alternative source of livelihoods to members of Self HelpGroups (SHGs) under DAY-NRLM by facilitating them tooperate public transport services in backward rural areas.

Key FeaturesAGEY will provide safe, affordable and community monitoredrural transport services like e-rickshaws, 3 and 4 wheelermotorised transport vehicles to connect remote villages. Thesetransport vehicles will connect villages with key services andamenities including access to markets, education and health forthe overall economic development of the area.

The scheme will be implemented in 250 blocks in the countryon a pilot basis for a period of 3 years from 2017-18 to 2019-20. Under it, Community Based Organisation (CBO) is proposed to provide interest free loan from its own corpus to SHG member for purchase of the vehicle.

FINANCIAL SUPPORT UNDERAAJEEVIKA GRAMEEN EXPRESSYOJANAThe government would provide financial support under theAGEY in the form of Revolving Fund and CommunityInvestment Funds. This fund would be given as grants to the Self Help Groups (SHGs) and their members/partnership.So far, Central government has released a total amount of` 1815 crore to about 3.96 lakh SHGs.Under Aajeevika Grameen Express Yojana (AGEY), onemain provision has proposed that the CBO will provideinterest-free loan from its own funds to Self Help Groupmember for purchase of the transport vehicle. This AGEYscheme will have a focus on women empowerment and it has been dedicated to promoting farm and non-farm basedlivelihoods for women farmers in rural areas.

ABOUT DEENDAYAL ANTYODAYAYOJANA – NATIONAL RURALLIVELIHOODS MISSION (DAY-NRLM)Deen Dayal Antyodaya Yojana – National LivelihoodsMission (NRLM)was launched by the Ministry of RuralDevelopment (MoRD), government of India in June 2011.It is being implemented across the country in all States andUnion Territories (except Delhi and Chandigarh).The Deen Dayal Antyodaya Yojana–National RuralLivelihood Mission (DAY-NRLM) is making a difference tothe lives and livelihoods of over 6 crore households from where women have joined Self Help Groups (SHGs). Since theinception of the programme in 2011, women members ofSHGs have accessed ` 1.06 lakh crore as Bank credit. Underthe DAY-NRLM, over 30 lakh women farmers have beensupported under Mahila Kisan Sashaktikaran Pariyojana(MKSP) to promote sustainable agricultural practices.

About Self Help Group SELF-HELP GROUP (SHG) IS A SMALL VOLUNTARY ASSOCIATION OF POOR

PEOPLE, PREFERABLY FROM THE SAME SOCIO-ECONOMIC BACKGROUND.

THEY COME TOGETHER FOR THE PURPOSE OF SOLVING THEIR COMMON

PROBLEMS THROUGH SELF-HELP AND MUTUAL HELP. THE SHG

PROMOTES SMALL SAVINGS AMONG ITS MEMBERS. THE SAVINGS ARE

KEPT WITH A BANK. THIS COMMON FUND IS IN THE NAME OF THE SHG.

SHG IS A GROUP FORMED BY THE COMMUNITY, WHICH HAS SPECIFIC

NUMBER OF MEMBERS LIKE 15 OR 20. USUALLY, THE NUMBER OF

MEMBERS IN ONE SHG DOES NOT EXCEED TWENTY. IN SUCH A GROUP

THE POOREST WOULD COME TOGETHER FOR EMERGENCY, DISASTER,

SOCIAL REASONS, ECONOMIC SUPPORT TO EACH OTHER HAVE EASE OF

CONVERSATION, SOCIAL INTERACTION AND ECONOMIC INTERACTIONS.

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INDIA AND GLOBAL FOREIGN EXCHANGE COMMITTEE FORFOREX MARKET

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India will soon get a seat on the Global Foreign ExchangeCommittee (GFXC), a newly-constituted forum of centralbankers and experts working towards promotion of a robustand transparent forex market. The news released on July 15,2017. The committee has been set-up under the guidance ofthe Bank for International Settlements (BIS), aninternational financial organisation owned by 60 membercentral banks, representing countries from around the worldincluding India.In a progress report on ‘reducing misconduct risks in thefinancial sector’, the Financial Stability Board (FSB)informed the G20 Summit, attended by Prime MinisterNarendra Modi, here that actions to enhance conductstandards and adherence in markets include a ‘Global Codeof Conduct for the Foreign Exchange Markets’.

ABOUT GFXCThe GFXC was established in London during a meeting inMay, 2017 of public and private sector representatives fromthe Foreign Exchange Committees (FXCs) of 16international forex trading centres. The newly expanded andformalised GFXC replaces a similar but more informalorganisation of eight FXCs from Australia, Euro area,Canada, Hong Kong, Japan, Singapore, UK and the USA.

It will now also include representatives from existing, or soonto be established FXCs or similar structures in China, India,Brazil, Korea, Mexico, South Africa, Sweden and Switzerland.

THE OBJECTIVESFollowing are the objectives of GFXCn To promote collaboration and communication among the

local FXCs and non-GFXC jurisdictions with significant FXmarkets.

n To exchange views on trends and developments in global FXmarkets, including on the structure and functioning of thosemarkets, drawing on information gathered at the various FXCs.

n To promote, maintain and update on a regular basis the FXGlobal Code (the Code) and consider good practicesregarding effective mechanisms to support adherence.

n To maintain and update ‘Global Code of Conduct for theForeign Exchange Markets’ issued by Bank for InternationalSettlements (BIS).

ABOUT BISThe BIS is an international financial institution owned bycentral banks which ‘fosters international monetary andfinancial cooperation and serves as a bank for central banks’.It fosters international monetary and financial cooperationand serves as a bank for central banks.It carries out its work through its meetings, programmes andthrough the Basel Process, hosting international groupspursuing global financial stability and facilitating theirinteraction. Its headquarter is located in Basel (Switzerland).

G20The G20 is the premier forum for its members’ international economic cooperation and decision-making. It is deliberating on global economic issues and other important developmentchallenges. It was started in 1999 as a meeting of FinanceMinisters and Central Bank Governors in the aftermath ofthe South-East Asian (Tiger economies) financial crisis. In2008, the first G20 Leaders’ Summit was held inWashington DC (USA). The 12th G 20 summit concluded in Germany’s Hamburgcity on July 8, 2017 with adaptation of Hamburg ActionPlan. Its members include 19 countries India, Australia,Argentina, Brazil, Canada, China, France, Germany,Indonesia, Italy, Japan, South Korea, Mexico, Saudi Arabia,Russia, Turkey, South Africa, UK, the USA and EuropeanUnion (EU). They collectively represent 85% of globalGDP, 80% of international trade, 65% of world’spopulation.

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ABBREVIATIONSACT Advanced Corporation Tax

ASSOCHAM

Associated Chambers ofCommerce and Industry of India

B2B Business-to-Business

B2G Business-to-Government

BIS Bank for InternationalSettlements

CIS Cash Incentive Scheme

DRY Disposable Real Income

EFT Electronic Funds Transfer

EMV Expected Monetary Value

FTO Foreign Trade Organisation

GATS General Agreement on Trade inServices

HRM Human Resource Management

ITO International Trade Organization

MMC Money Market Certificate

REER Real Effective Exchange Rate

RER Real Exchange Rate

SEC Securities and ExchangeCommission

SKU Stock Keeping Unit

TSR Total Shareholder Return

NPCI GOT RBI NOD TO OPERATE BHARAT BILLPAYMENT SYSTEMThe National Payments Corporation of India (NPCI) has received final nod fromthe RBI on July 28, 2017 to function as the Bharat Bill Payment Central Unit(BBPCU) and operate the Bharat Bill Payment System (BBPS). The final clearancefrom RBI comes almost a year after NPCI launched the BBPS pilot project to make payment of utility bills easier. The pilot started in August, 2016 with eight BBPSoperating units that had received in-principle approval from the RBI.The total number of Bharat Bill Payment Operating Units certified by NPCI nowstands at 24. The certified units include 10 private sector banks, 3 public sectorbanks (Bank of Baroda, Union Bank of India and Indian Overseas Bank), fivecooperative banks and six non-bank biller aggregators.BBPS is an integrated bill payment system offering interoperable and accessible billpayment service to customers through a network of agents, enabling multiplepayment modes and providing instant confirmation of payment. The BBPSinitiative aims to provide a major push to digital payments as it is a big step forward in formalising the bill payment system in the country.

BILL TO AMEND COMPANIES LAWLok Sabha passed Companies (Amendment) Bill 2016, a bill to amend theCompanies Act 2013 on July 28, 2017, seeking to strengthen corporate governance standards, initiate strict action against defaulting companies and help improve theease of doing business in India. It was passed with a voice vote, with over 40amendments. Key Provisions of Companies (Amendment) Bill 2016n The bill went through a committee of experts and thereafter was vetted by the

standing committee on finance.n Threshold for the easy compliance scheme has been raised to ` 100 crore from ` 20

crore, making more companies eligible for the simple compliance regime.n The bill seeks to ease rules for private placement of securities and fix an eight-year

limit on reopening of past accounts against no limit in the earlier regime.n Unlisted companies have been permitted to hold annual general meetings in places

other than the registered office as well. The bill seeks to harmonise insider tradingrules with those of stock market watchdog SEBI.

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BANKING &ECONOMIC ANALYSIS

CURRENT REVIEW

SOVEREIGN GOLD BOND SCHEME 2017-18 SERIES II RELEASEDGovernment of India, in consultation with theReserve Bank of India, has decided to issueSovereign Gold Bonds 2017-18 – Series II. TheBonds will be issued on July 28, 2017. The Bonds will be sold through banks, StockHolding Corporation of India Limited (SHCIL),designated post offices and recognised stockexchanges viz., National Stock Exchange of IndiaLimited and Bombay Stock Exchange.The features of the Bond are given belown Eligibility The Bonds will be restricted for sale to resident Indian entities including

individuals, HUFs, Trusts, Universities and Charitable Institutions.n Denomination The Bonds will be denominated in multiples of gram(s) of gold with a

basic unit of 1 gram.n Tenor The tenor of the Bond will be for a period of 8 years with exit option from 5th year

to be exercised on the interest payment dates.n Maximum Limit The maximum amount subscribed by an entity will not be more than 500

grams per person per fiscal year (April-March). A self-declaration to this effect will beobtained.

n KYC Documentation Know-your-customer (KYC) norms will be the same as that forpurchase of physical gold. KYC documents such as Voter ID, Aadhaar card/PAN or TAN/Passport will be required.

COMMITMENT TO REDUCING INEQUALITY INDEXIndia has ranked 132nd out of 152 countries on the inaugural “Commitment toReducing Inequality Index” released by international NGO Oxfam on July 23, 2017in association with Developmental Finance International. Sweden topped the indexwhile Nigeria took the bottom most spot. Sweden is followed by Belgium, Denmark, Norway and Germany. Among India’sneighbouring countries, China’s rank is 87; Pakistan fared worse than India at 146while Bangladesh ranked at 148. India managed to secure a lowly 149th position onthe health, education and social protection spending indicator, ranking below nationslike Yemen, Senegal, Congo and Serbia. The index measures efforts of governments of countries which pledged to reduceinequality (gap between rich and poor) in 2015 as part of the SustainableDevelopment Goals. The index is based on three main indicators –welfare spending,progressive nature of tax system and prevailing wage inequality in the labour market.

IMF KEEPS INDIA’S GROWTH FORECAST AT 7.2%The International Monetary Fund (IMF) in its July World Economic Outlook(WEO) Update has retained on July 24, 2017 India’s projected GDP growth rate at7.2% for 2017-18, slightly up from 7.1% in the previous year. However, updateprojects that India’s growth would accelerate to 7.7% in 2018-19. India’s economicgrowth slowed down to 7.1% in 2016-17, sharply lower than 8% in 2015-16 due tothe effect of demonetisation. The WEO is a survey conducted and published by theIMF. World Economic Outlook (WEO) is published by the International MonetaryFund. It is published biannually and is also updated twice in between.Global Scenario The global economic growth rate will be 3.5% in 2017 and 3.6% in2018. Growth in the ASEAN-5 economies is projected to remain robust at around 5% with increase in global trade and strengthening domestic demand.China’s economy It is projected to grow by 6.7% in 2017, up 0.1% points from theApril 2017 forecast, and 6.4% in 2018, up by 0.2% points from earlier forecasts bythe IMF.

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Terms for You

ACTUAL CASH VALUE Avaluation of the damagedproperty, i.e. its monetary worthat market value immediatelypreceding the occurrence of theloss, is called actual cash valueof the property. It gives theestimate of the cost ofreplacement or repair of thedamaged asset.

BANCASSURANCEBancassurance means sellinginsurance product throughbanks. Banks and insurancecompany come up in apartnership wherein the banksells the tied insurancecompany's insurance productsto its clients.

COST AND FREIGHT Costrefers to the cost of goods andfreight refers to all other costsrelating to all the means oftransportation of the goods. Itmeans that the seller must paythe costs and freight necessaryto bring the goods to a namedport of destination and mustalso procure marine insuranceagainst the buyer's risk or lossto the goods during the carriage.

ELECTRONIC BANKING Aservice that allows an accountholder to obtain accountinformation and manage certainbanking transactions through apersonal computer via thefinancial institution's web site onthe Internet.

LIQUIDITY Liquidity means howquickly you can get your handson your cash. In simpler terms,liquidity is to get your moneywhenever you need it.

NET WORTH Net worth is thedifference between the assetand the liability of an individualor a company. A high net worthrelates to good financial strength and ultimately good credit rating of an individual or a company.

SERVICE TAX Service tax is atax levied by the government onservice providers on certainservice transactions, but isactually borne by the customers. It is categorised under IndirectTax and came into existenceunder the Finance Act 1994.

GOVERNMENT APPROVED FIRSTHOUSING PROJECT The Union Ministry of Housing and Urban Developmenthas approved construction of 30000 affordable houses inMaharashtra’s Sholapur district on July 24, 2017 for theurban poor on private land under Pradhan Mantri AwasYojana (Urban), PMAY(U). It was approved by anInter-ministerial Central Sanctioning and MonitoringCommittee (CSMC), chaired by HUA Secretary. It is firstsuch project to be taken up on private land underPMAY(U).Earlier the approved projects for affordable housing projects were built on lands belonging to the State government ormunicipal corporations. PMAY(U) provide houses to allpoor by 2022. Its objective is to construct two crore housesacross the nation. It covers the entire urban area consistingof 4041 statutory towns with initial focus on 500 Class Icities.

INDIA ON TRACK TO GROW AT 7.4% IN 2017According to Asian Development Bank (ADB), India isexpected to achieve the projected growth rate of 7.4% in2017 and further up 7.6% on 2018. The report publishedon July 19, 2017. According to the report, South Asia willbe the fastest growing of all sub-regions in Asia and thePacific, with growth on track to meet original projections of 7% in 2017 and 7.2% in 2018. ADB has upgraded its growth outlook in the Asian regionto 5.9% in 2017 from 5.7% and to 5.8% for 2018 from5.7%. Price inflation is now expected to drop to 2.6 % in2017, revised down by 0.4% points and 3% in 2018compared to the original projections of 3% and 3.2%.According to the reports, combined growth for the majorindustrial economies was forecast to remain at 1.9% in2017 and 2018. ADB is a regional development bankestablished on December 19, 1966, which is headquarteredin Philippines.

INDIA STANDS 4TH AMONG FASTESTGROWING ECONOMIESAs per World Bank’s latest edition of the report titled‘Global Economic Prospects – A fragile recovery’ on July18, 2017, India is the 4th fastest growing economy in theworld behind Estonia, Uzbekistan and Nepal.For FY 2017-18, Indian economy is expected to grow at7.2%. For following fiscal year it will grow at 7.5%. It pegsworld GDP to grow at 2.7 % in 2017 and 2.9 % in 2018-19. As per World Bank, Chinese economy is showing clear signof slowdown and ranks at number 16 in terms of GrossDomestic Product (GDP) growth rate. Chinese economy isanticipated to slow to 6.5% this year and 6.3% in 2018.World Bank is an international financial institution thatprovides loans to its member countries for developmentalprojects. It was formed in year 1945. Jim Yong Kim is thecurrent President of World Bank.

CABINET APPROVED REVISION OFINDIAN COMMUNITY WELFARE FUNDGUIDELINESThe Union Cabinet chaired by Prime Minister NarendraModi has approved revision of the Indian CommunityWelfare Fund (ICWF) guidelines on July 19, 2017. ICWF,set-up in 2009, is aimed at assisting Overseas Indian nationals in times of distress and emergency in the most deserving caseson a means tested basis. The revised guidelines being madebroad-based seek to expand the scope of welfare measures that can be extended through the Fund. The guidelines would cover three key areas namely AssistingOverseas Indian nationals in distress situations, CommunityWelfare activities and Improvement in Consular services.ICWF was formed in 2009. Its aim is to assist OverseasIndian nationals in times of distress and emergency in themost deserving cases on a means tested basis.

UNION GOVERNMENT CLEARS THREE EXPORT INFRASTRUCTURE PLANSUNDER TIESThe Union government for the 1st time has given approvalthree infrastructure proposals on July 17, 2017 to address theinfrastructure problem under the Trade Infrastructure forExport Scheme (TIES). Decision in this regard was taken atthe Inter-Ministerial Empowered Committee (EC) meetingon TIES, chaired by Commerce Secretary.These three proposals include Integrated Cargo Terminal(ICT) at the Imphal International Airport, Modernisation ofinfrastructure facility for marine exports in Karnataka andconstruction of a new ‘Standard Design Factory’ building atCochin Special Economic Zone (SEZ).The TIES replaces Assistance to States for creatingInfrastructure for the Development and growth of Exports(ASIDE), a centrally sponsored scheme to address the needsof the exporters. Its objective is to enhance exportcompetitiveness by bridging the gap in export infrastructure,create focused export infrastructure and first-mile andlast-mile connectivity. The beneficiaries of the scheme will be all Central and Stateagencies including Commodities Boards, Export PromotionCouncils, SEZ authorities and Apex Trade Bodies recognisedunder EXIM policy of Central government are eligible forfinancial support.

NEW MEMBERS APPOINTED IN CBECThe 4 new members a senior bureaucrat John Joseph andthree other officials have been appointed as members in theCentral Board of Excise and Customs (CBEC) on July 16,2017. The Appointments Committee of the Cabinet hasapproved appointment of Sushant Kumar Panda, AmeetaSuri, Pranab Kumar Das and Joseph as the new members. Joseph was recently appointed as Chief of Directorate General of Goods and Services Tax Intelligence. The CBEC is headedby a chairperson and can have a maximum of six members.The board and its officials are key stakeholders in theimplementation of the Goods and Services Tax (GST).

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Agreement Between Related Facts

Union Civil AviationMinistry and Bihar(July 14, 2017)

• A MoU was signed for promoting regional air connectivity in Bihar. Under regional connectivity Purnea, Bhagalpur,Darbhanga, Saharsa and Valmikinagar have been chosen in Bihar.

BSES Rajdhani PowerLimited (BRPL) and TheEnergy and ResourcesInstitute (TERI) (July 13, 2017)

• BRPL and TERI have signed an MoU to explore collaboration opportunities for solar rooftop, electric vehicles, energystorage systems, energy efficiency and smart grid technologies.

• The MoU has been signed for two years.

HAL signs MoU withDefence Ministry (July 12, 2016)

• MoU with Ministry of Defence for the financial year 2017-18.

• The revenue from operations has been targeted at ` 17900 crore, the highest ever.

DCCBs with StateCooperative bank (July 12, 2017)

• The Chhattisgarh government has planned to merge all District Cooperative Central banks (DCCBs) of the state into asingle State Cooperative Bank.

• It aimed to serve the farmers with better and efficient banking facilities. It aimed to serve the farmers with better andefficient banking facilities.

ESIC & DGFASLI signMoU (July 10, 2017)

• A MoU between ESIC and Directorate General Factory Advice Service & Labour Institutes (DGFASLI) for collaboration in the field of occupational health and prevention of occupational injuries and diseases.

• It will remain in force for a time period of three years.

Axis Bank and Inter-American InvestmentCorporation (July 10, 2017)

• It will help traders boost relations between India and Latin America.

• The collaboration aims to foster bilateral trade relations by allowing ease of transactions.

Ministry of Health signsMoU with government ofWest Bengal(July 10, 2017)

• Air Ministry of Health and Family Welfare has signed a MoU with government of West Bengal to set-up a State-of-the-artCentre of Excellence in Transfusion Medicine.

• The Centre of Excellence in Transfusion Medicine will be set-up in Kolkata.

NALCO and IDCO (July 7, 2017)

• National Aluminium Company Limited (NALCO) and Odisha Industrial Infrastructure Development Corporation (IDCO)have launched a joint venture company to set-up an aluminium park at Angul. Angul Aluminium Park will be the firstproject in the subcontinent with a facility to directly obtain molten aluminium from the smelter.

Canara HSBC OrientalBank of Commerce LifeInsurance ties up withDhanlaxmi Bank (July 7, 2017)

• Air All the life insurance products of Canara HSBC Oriental Bank of Commerce Life Insurance would be made availableto customers of Dhanlaxmi Bank and would be sold by the licensed staff of the bank. As part of the agreement, the bank will be a corporate agent for 3 years.

South Indian Bank ties up with PFG Forex(July 6, 2017)

• South Indian Bank has tied up with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia.NRIs can visit the PFG Forex outlets across Australia for remittances to India. The new facility will leverage the bank toreach the Indian diaspora.

Srei InfrastructureFinance has signed anMoU with Vnesheconombank (July 6, 2017)

• Kolkata-headquartered Srei Infrastructure Finance has signed an MoU with Russia’s Vnesheconombank on to create a$ 200 million IT and Innovation Fund.

• The fund will promote Indo-Russian cooperation in IT technologies and innovation in both countries.

Odisha government signs EOI with IAAF & AFI (July 6, 2017)

• Odisha government has signed an Expression of Intent (EOI) with the International Association of Athletics Federations(IAAF) and the Athletics Federation of India (AFI) to establish High Performance Academy.

• An academy for athletes will be built in the Kalinga Stadium.

Nokia and Xiaomi (July 5, 2017)

• Nokia has announced that it has entered into a wide-ranging patent licensing and purchase deal with Xiaomi.

• Xiaomi is the Chinese maker of smartphones, wearables and other hardware, which will also become a customer ofNokia’s for networking equipment.

Yes Bank and SantanderUK (July 4, 2017)

• Yes Bank, India’s fourth-largest private sector bank , signed an MoU in London with Santander to promote India-UKtrade and business opportunities.

• The deal is aimed at Santander UK, a wholly-owned subsidiary of the Spanish Santander Group, offering its clients inBritain access to banking facilities and on-the-ground support through Yes Bank’s network across India.

Microsoft India inks pactwith NISA (July 4, 2017)

• Microsoft India has signed an agreement with National Independent Schools Alliance (NISA) to offer Microsoft AspireSchool Program (MASP) Pro Plus to over 55,000 member schools. MASP main aim is to equip schools with technologyand innovative learning solutions, modernise campuses, and prepare future- ready students, among others.

RLDA and NBCC (June 30, 2017)

• Rail Land Development Authority (RLDA) has inked MoU with National Building Construction Corporation (NBCC) forredevelopment of 10 railway stations across the country on global standards.

• The identified stations to be taken up initially by NBCC for redevelopment are Tirupati, Sarai Rohilla (Delhi), Nellore,Puducherry, Madgaon, Lucknow, Gomtinagar, Kota, Thane (New), and Ernakulam.

BHEL signs pact withJapanese firm(June 29, 2017)

• Bharat Heavy Electricals Limited (BHEL) has made an agreement with Kawasaki Heavy Industries Limited (KHI) ofJapan for manufacturing of stainless steel coaches and bogies for metros.

• KHI manufactures heavy equipment/products and its Rolling Stock Company has supplied EMU (Metro/Commuter) train sets to various countries like US, Singapore, Taiwan, Hong Kong etc.

India Signed Agreementwith the World Bank (June 28, 2017)

• India has signed a Loan Agreement with the World Bank for USD 35 Million for Assam State Public Financial Institutional Reforms Project.

• The programme size is USD 44 million, of which USD 35 million will be financed by the Bank. The programme durationis 5 years.

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INDIAN VICE-PRESIDENTIALELECTION, 2017The elections to the next Vice-President of India, willbe held on August 5, 2017. The announcement wasmade by the Election Commission of India. RajyaSabha Secretary-General Shumsher K. Sheriff will serve as the Returning Officer for the 15th Vice-Presidentialelection.The incumbent, Mohammad Hamid Ansari, completes his second term on August 10, 2017. He refused tocontest for a third term. The Vice President has a termof five years. Two candidates are nominated for theelection. One candidate was nominated by theNational Democratic Alliance (NDA) and another byUnited Progressive Alliance (UPA). These are

Muppavarapu Venkaiah NaiduVenkaiah Naidu is an Indian politician and the NDAcandidate for the post of Vice President of India(August 2017). He served as the Minister ofInformation and Broadcasting (2016-17), Minister ofParliamentary Affairs (2014-16), Minister of UrbanDevelopment (2014-17), Minister of Housing andUrban Poverty Alleviation (2014-17), Minister ofRural Development (2000-02), President of theBharatiya Janata Party (2002-04) etc. Naidu belongs to Andhra Pradesh.

Gopalkrishna GandhiGopalkrishna Devdas Gandhi is a retired IAS officerand diplomat, who was the 22nd Governor of WestBengal serving from 2004-09. He is the grandson ofMahatma Gandhi. For a few months in 2006 he alsotook on additional duties as the Governor of Bihar. He belongs to Delhi.

NITI AAYOG CLEARS SIX PROPOSALS FORHIGH-TECH PUBLIC TRANSPORTThe National Institution for Transforming India (NITI) Aayoghas approved 6 transport proposals of the transport ministryexploring options to improve public transport on July 26, 2017. Itincludes high-tech mass rapid transportation technologies, such asmetrino, hyperloop, pod taxis, stadler buses, hybrid buses andfreight rail road. The proposals of the transport ministry were approved with acondition that the transport ministry conducts trial run of all these technologies and puts in place safety measures before startingoperations commercially.Following the go-ahead from NITI Aayog, the transport ministryhas formed a six member committee, headed by former top official of Railways, to study safety parameters associated with thesetechnologies and their best global practices.

INDIA’S FIRST MOBILE TICKETING SYSTEMThe Mumbai Metro One Private Limited has announced thelaunch of India’s first Mobile Ticketing System ‘OnGo’on July 26, 2017. It will help commuters to buy their tickets on their mobilephones. Commuters will also be able to book tickets for futurejourneys up to seven days in advance using the system. The systemis currently at an advanced stage of testing and is set to belaunched by mid-August. Through ‘OnGo’, commuters canpurchase tickets on the Mumbai Metro App and other partnerApps like Ridlr.Commuters can use the App to buy single and return tickets alongwith trip and store value passes. Commuters can purchase up to six tickets at a time and purchase both tickets and passes through thesame App. A QR code will be generated that will have to bedisplayed before a non-protruding glass at the Automatic FareCollection (AFC) gates.

NATIONAL IMPACT

CURRENT REVIEW

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COLLECTION OF STATISTICS(AMENDMENT) BILL 2017The parliament has passed the collection of statistics (Admendment)Bill 2017 on July 25, 2017 after it was approved by the Rajya Sabha .The Lok Sabha has passed it earlier. The bill aims at amending theCollection of Statistics Bill, 2008, which facilitates the collection ofstatistics related to social, economic, demographic, scientific andenvironmental aspects, by Central, State and Local governments.It also allows the appointment of statistics officers to collectinformation and contains provisions to ensure security of information. This bill adds provisions for the appointment of a nodal officer by theUnion or State government. The function of nodal officer is tocoordinate and supervise statistical activities under the governmentwhich has appointed him.Further, the Union government can also determine the powers andduties of the nodal officer. The Bill removes provision from parent Act dealing with information collected under it only is used for statisticalpurposes. It also allows the Union government to determine themanner in which such information collected will be used for statisticalpurposes. The Act extended to the whole of India except Jammu andKashmir.

FIRST MEETING OF ISLANDSDEVELOPMENT AGENCYThe Union Home Minister Rajnath Singh chaired the first meeting ofthe newly constituted Islands Development Agency (IDA) on July 24,2017 in New Delhi. The CEO of NITI Aayog has made a detailedpresentation on the current status of islands. He informed thatConcept Development Plans and Detailed Master Plans are beingprepared for identified islands. It Includes the following factors.Principles of sustainability, people’s participation, eco-systempreservation and determination of carrying capacity as the guidingprinciples. It was also decided that Lt. Governor of Andaman &Nicobar Islands and Administrator of Lakshadweep Islands will beincluded as members of IDA.

MOBILE APP FOR ROAD MAINTENANCE‘AARAMBH’ LAUNCHEDThe Union Minister ShriTomar and the ILO DeputyDirector General (Policy)International LabourOrganisation DeborahGreenfield has launched theMobile App for RoadMaintenance Aarambh. It hasbeen announced on July 24,2017. The newly launchedmobile application would simplify the maintenance management ofrural roads.This Mobile Phone App aims at use of GIS based mapping for making road inventories, condition surveys, and producing cost estimates andother relevant data for preparation and monitoring of annual roadmaintenance plans. The Minister recapitulates the resolve ofgovernment of India to connect all eligible habitations in rural areas by constructing good quality roads by 2019.

GOVERNMENT LAUNCHED ‘SHE-BOX’ PORTALThe Minister of Women & Child Development,Maneka Sanjay Gandhi launched an onlinecomplaint management system titled SexualHarassment electronic–Box (SHe-Box) forregistering complaints related to sexual harassmentat workplace in New Delhi on July 24, 2017.The complaint management system has beendeveloped to ensure the effective implementation of Sexual Harassment of Women at Workplace(Prevention, Prohibition and Redressal) Act (theSH Act), 2013.This portal is an initiative to provide a platform towomen working or visiting any office of Centralgovernment (Central Ministries, Departments,Public Sector Undertakings, Autonomous Bodiesand Institutions etc.) to file complaints related tosexual harassment at workplace under the SH Act.Those who had already filed a written complaintwith the concerned Internal Complaint Committee (ICC) constituted under the SH Act are alsoeligible to file their complaint through this portal.

THE RIGHT OF CHILDREN TOFREE AND COMPULSORYEDUCATION (AMENDMENT)BILL, 2017 PASSEDThe Lok Sabha has passed The Right of Childrento Free and Compulsory Education (Amendment)Bill, 2017 on July 21, 2017. The Bill amends theRight of Children to Free and CompulsoryEducation Act (RTE), 2009 to extend the deadlinefor teachers to acquire the prescribed minimumqualifications for appointment.Through the amending measure inadequatelyqualified teachers as on March 31, 2015, workingafter enactment of the RTE Act, 2009 are beinggiven last chance to acquire minimumqualifications within a period of 4 years i.e., byMarch 31, 2019 to hold their jobs as teachers.

FIRST MEETING OFINTEGRATED MONITORINGAND ADVISORY COUNCIL The first meeting of the newly formed IntegratedMonitoring and Advisory Council (IMAC) washeld in New Delhi on July 21, 2017. It waschaired by Union Minister of State (I/C) forPetroleum and Natural Gas Dharmendra Pradhan.IMAC is an inter-ministry monitoring andadvisory body for policy formulation andimplementation of Roadmap to achieve target of10% reduction in import dependency in oil and gas by 2021-22.

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KERALA CM LAUNCHED RIDE SHARING APP FOR TECHIES G-RIDEKerala Chief Minister Pinarayi Vijayan launched G-Ride on July 3,2017. It is a digital ride sharing platform designed and deployed forthe IT industry by the Group of Technology Companies (GTech),the industry body of IT companies in the state.The G-Ride App automatically matches co-workers and neighboursand help them travel together to work. It is available in Android andiOS versions. Several IT companies in cities like Bengaluru, Chennaiand Noida already encourage car-pooling and ride-sharing. G-Ridegives them the option to offer friends and colleagues a pick-up ridewith someone in the neighbourhood.

MUMBAI’S VIKRIKAR BHAVAN RENAMED AS GST BHAVANMumbai's 'Vikrikar Bhavan' was renamed as 'GST Bhavan' on July 2, 2017 after the Goods and Services Tax regime was rolled out lastnight (July 1, 2017) . 'Vikrikar Bhavan' is the headquarter ofMaharashtra government's erstwhile Sales Tax department.Maharashtra Finance Minister Sudhir Mungantiwar and Minister ofState for Finance Deepak Kesarkar attended the ceremony at theBhavan, located in south Mumbai's Mazgaon area. In two years, the‘GST Bhavan’ will be shifted to Wadala from Mazgaon. SudhirMungantiwar , Maharashtra Finance Minister, declared GST alsomeans ‘Garibon ki Seva Karnewala Tax’ (tax which helps the poor).

TELANGANA TO HAVE SEPARATEAGRICULTURE BUDGETIn a major initiative to boost the agriculture sector, the Telanganagovernment has decided on July 2, 2017 to introduce separateagriculture budget with allotment of huge funds from the nextfinancial year. The agriculture budget will be prepared keeping inview the plans for promoting cluster-based cooperative farmingsystem and making agriculture more profitable for farmers.At a review meeting on farmers’ welfare and agriculture development,Chief Minister K. Chandrasekhar Rao pitched for agricultural reforms with the support of experts, including retired agriculture officers andscientists. Farmers in Telangana would be provided training ofmodern and scientific methods of farming so as to increase the farmoutput.

ODISHA INAUGURATEDCOMPUTERISATION OF PACSAND RUPAY KRISAN CREDITCARDSOdisha Chief Minister Naveen Patnaik inauguratedcomputerisation of Primary AgriculturalCooperative Socities (PACS) and launched RuPayKisan Credit Cards (KCC) in the State on July 1,2017. Odisha is the first State to implement anintegrated Core Banking Solution Project coveringall three tiers of short-term cooperative creditstructure-State Cooperative Bank, District CentralCooperative Banks and 2708 Primary AgricultureCooperative Societies.Its main aim to bring this programme to ensuretransparency through technology and teamwork. Byconverting the PACS as One Stop Shops thegovernment is keen to address all requirements ofthe farmers. With computerisation of PACS,farmers are now able to draw their sanctioned loansfrom the ATM network of National PaymentsCorporation of India (NPCI) having 2.14 lakhATMs of all banks across the country. The CMdistributed RuPay Kisan cards to farmer members of the PACS of Banki, Khurda and Bolangir CCBs.

COUNTRY'S BIGGEST FRESHWATER AQUARIUMJharkhand Chief Minister Raghubar Dasinaugurated the country's biggest fresh wateraquarium in Ranchi on June 29, 2017. Dasinformed that hundreds of varieties of fish andseveral rare species have been kept at the aquariumwhich had been named ‘Ranchi Machchli Ghar’ forthe people to see, which would surely encouragetourism in the State.The aquarium is spread over in 36,000 sq feet areaand it has 58 fish tank, where 120 species of 1500fishes have been displayed. Several species of fish have also been brought from Bangkok and Singapore.

Other Important EventsNews Related Facts

Renaming Two Airports(July 21, 2017)

• The Uttar Pradesh Assembly has adopted two resolutions on re-naming the Kanpur and Bareilly airports after freedomfighter Ganesh Shanker Vidyarthi and as Nath Nagri respectively. The resolutions, moved by Minister for Civil AviationNand Gopal Gupta were passed by a voice vote in the absence of the opposition members.

Patnaik Dedicated toNation Odisha’s LongestBridge (July 18, 2017)

• Odisha Chief Minister Naveen Patnaik has dedicated to the nation the State’s longest bridge.

• The 2.88 km bridge over the river Kathajodi will connect the State capital of Bhubaneswar with Cuttack.

J&K GovernmentLaunches WeeklyFestival ‘Cultrue ofCruise’ (July 16, 2017)

• The Jammu and Kashmir has launched a first ever ‘Cultrue of Cruise’, a weekly cultural programme at Dal lake. It aimedto bring artists from various fields on one stage.

• The innovative programme series brings writers, performance artistes, musicians, poets and academics together andoffers a programme of performances, workshops, talks, forums and debates.

Committee for SeparateState Flag in Karnataka(July 10, 2017)

• Karnataka State government has constituted a committee to study legalities for separate State flag in Karnataka.

• This 9-member committee is headed by Principal Secretary, Department of Kannada and Culture.

Free GST FacilitationCentres in Goa (July 5, 2017)

• In Goa, the Office of the Commissioner of Commercial Taxes has set-up GST facilitation centres in ward offices acrossthe State. The facilitation centres are set-up at Panaji, Margao, Mapusa, Ponda and Vasco.

DR. HARSHVARDHAN LAUNCHED‘SAGAR VANI’Minister of Science & Technology, Earth Sciences andEnvironment, Forests & Climate Change, Dr. HarshVardhan launched an Integrated InformationDissemination System, ‘Sagar Vani’ on the occasion ofFoundation Day of Ministry of Earth Sciences in NewDelhi on July 27, 2017.‘Sagar Vani’ has been launched to disseminate ocean relatedinformation and alerts (like high waves and tsunami earlywarnings) to the user community (especially fishermen) intimely manner for their safety. It is an Integrated Information Dissemination System (IDS) and has been developed byEarth System Science Organisation (ESSO)-Indian NationalCentre for Ocean Information Services (INCOIS) underMinistry of Earth Sciences (MoES) through the IndustryM/s. Gaian Solutions Pvt. Ltd.

NATIONAL CENTRE FORSEISMOLOGY LAUNCHES ‘INDIA QUAKE’On the occasion of Foundation Day of Ministry of EarthSciences in New Delhi Union Minister of Science &Technology, Earth Sciences and Environment, Forests &Climate Change, Dr. Harsh Vardhan has launched an app‘India Quake’ on July 27, 2017.A Mobile App has been developed by the National Centrefor Seismology (NCS) for automatic dissemination ofearthquake parameter (location, time and magnitude) afterthe occurrence of earthquakes. The App will makeinformation dissemination faster with no restrictions on the number of recipients. Any citizen can download this Appand get the real time earthquake location information onhis/her mobile.

IISER RESEARCHERS DEVELOPEDFLAME-PROOF, RUST-RESISTANTMATERIALResearchers at the Indian Institute of Science Education andResearch (IISER), Kolkata have recently developed anorganic-inorganic hybrid material which is rust and fireresistant. This achievement was published in a journal calledACS Omega on July 20, 2017. The hybrid material iscolourless and does not react with metal. It also inhibitsbacterial growth and make coated material such as wood orpaper fire and flame proof. This hybrid material was synthesised by combining Polyhedral Oligomeric Silsesquioxane (POSS) and diphenylalanine. ThePOSS molecule by itself has unique properties like fireretarding ability and high thermal stability. Both POSS anddiphenylalanine are water repellent by nature and thishydrophobic nature gets increased once they are combinedtogether.

JAWAHARLAL NEHRU PORT HIT BYGLOBAL CYBER ATTACK Operations at one of three terminals at India's largest containerport Jawaharlal Nehru Port (JNPT), on the outskirts of India'scommercial hub of Mumbai, have been disrupted by the globalransomware attack. The attack was confirmed by the portauthorities on June 28, 2017. Ransomware, a malicioussoftware, blocks the user’s access to the data and threatens topublish or delete it until a ransom is paid.Danish shipping giant AP Moller-Maersk operates theimpacted terminal. The Maersk group confirmed individuallyon June 27, that its operations were hit by a cyber attacknamed Petya that affected its multiple sites and selectedbusiness units. AP Moller-Maersk operates the GatewayTerminals India (GTI) with the capacity of 1.8 millionstandard container units at JNPT.

33

SCIENCE AND TECHNOLOGY BUZZ

CURRENT REVIEW

APPOINTMENTRAVI MITTALRavi Mittal has appointed an additionalsecretary in the Finance Ministry in placeof Anil Khachiis now a part-time memberon the board of IRDAI announced onJuly 30, 2017. According to Ministrysource, Former finance secretary SushmaNath is another part-time member on theIRDAI board. Mittal has replaced N SRao at IRDAI who is a joint secretarylevel officer.IRDAI is an autonomous, statutaryagency tasked with regulating andpromoting the insurance and re-insurance industries in India. IRDAI is a10-member body including the chairman, five full-time and four part-time membersappointed by the government of India.

NITISH KUMARJanata Dal (United) President, NitishKumar took oath as Chief Minister ofBihar for 6th time on July 27, 2017.Ending the grand alliance between hisparty, Congress and Lalu Prasad Yadav’sRashtriya Janata Dal (RJD), NitishKumar will now form the newgovernment with the support of BJP-ledNDA.Senior Bihar BJP leader Sushil KumarModi also took oath as Deputy ChiefMinister. Previously Nitish Kumar hadserved as the Chief Minister of Bihar from November 2005 to May 2014.

SHIKHA SHARMAAxis Bank has re-appointed ShikhaSharma as MD&CEO of Axis Bankfor three-year term. Her currentterm was to end in June 2018. TheBoard of Directors at its meetingheld on July 26, 2017 has approvedthe re-appointment of ShikhaSharma as the Managing Director & CEO of the Bank.Axis Bank has informed BombayStock Exchange that board ofdirectors has approved there-appointment. She joined the bank in 2009 with a five-year mandatewhich was subsequently extended.

AJAY KANWALJanalakshmi Financial Services (JFS), the largest microfinance company,has announced the appointment ofits new CEO Ajay Kanwal. It hasbeen announced on July 25, 2017.He has having 27 years of experience in both consumer and commercialbanking sector.He will replace VS Radhakrishnan,who will take over the role ofvice-chairman. JanalakshmiFinancial Services set-up inBengaluru in 2008 by formerCitibank senior executive RameshRamanathan. Janalakshmi financebank got license from Reserve Bankof India (RBI) to set-up SmallFinance Bank.

NARENDRA SINGHTOMARNarendraTomar was made the Minister for Urban Development on July 18,2017. Narendra Tomar is currently theUnion Minister for Rural Development and Panchayati. Narendra SinghTomar is a leader of Bharatiya JanataParty and a member of 16th Lok Sabha from Gwalior.He has taken over as Union Minister(Cabinet rank) of Steel, Mines, Labourand Employment on May 27, 2014 inthe cabinet headed by Prime MinisterNarendra Modi.

SMRITI IRANI Smriti Irani was given additional charge of the Information & BroadcastMinistry on July 18, 2017. Smriti Irani is the current Minister for Textiles.Venkaiah Naidu served as the Ministerof Housing and Urban PovertyAlleviation, Urban development andInformation and Broadcasting in theModi ministry.He is an Indian politician and theNDA candidate for the post ofvice-President of India. SmritiZubin Irani is an Indian politician,former model, television actress andproducer.Smriti Irani is a Member of Parliament, being nominated to the Rajya Sabhafrom the State of Gujarat.

41

NEWS KIT

CURRENT REVIEW

TR ZELIANGTR Zeliang was appointed as the ChiefMinister of Nagaland by Governor PBAcharya on July 19, 2017. This will bethe second term for him. Before this,he served from 2014-17.His appointment came after NagalandChief Minister Shurhozelie Liezietsuand nine ruling Naga People’s Front(NPF) legislators failed to appear forthe floor test.

FAROOQ ABDULLAH

National Conference patron andformer Jammu and Kashmir ChiefMinister Farooq Abdullah and IndianUnion Muslim League’sPK Kunhalikutty took oath as theMember of Parliament (MP) on July17, 2017 in the Lok Sabha.Abdullah took the oath in Kashmiriand elected to the lower house ofParliament, while Kunhalikutty optedfor English. Abdullah defeated his PeopleDemocratic Party rival Nazir AhmedKhan by more than 10000 votes fromthe Srinagar-Budgam parliamentaryconstituency. Kunhalikutty was electedafter winning the Malappuram by-pollin Kerala.

MUKESH KUMAR JAINMukesh Kumar Jain has appointed theas Managing Director and ChiefExecutive Officer of Oriental Bank ofCommerce on July 15, 2017. Mukeshis at present the executive director inPunjab and Sind Bank.He will be served for a period of 3years. Oriental Bank of Commerce isone of the Public Sector Banks inIndia. Rai Bahadur Lala Sohan Lal, the firstChairman of the Bank, founded OBCin 1943 in Lahore. The bank wasnationalised on April 15, 1980.

JOHN JOSEPHJohn Joseph has been appointed as theDirector General of Goods and ServicesTax Intelligence (DG GSTI) on July 9,2017. The DG GSTI is the new namegiven to the Directorate General ofCentral Excise Intelligence (DGCEI). Itis mandated to check service tax andcentral excise duty evasion.RK Mahajan has been given theadditional charge of the DG GSTI tillthe joining of the new chief. The post of DJ GSTI was lying vacant for over amonth after Mahajan took charge asMember, Central Board of Excise andCustoms (CBEC).GST is an indirect tax applicablethroughout India. It was introduced asThe Constitution 101 Amendment Act2017 following the passage ofConstitution 122nd Amendment Bill.

KHALTMAA BATTULGAAccording to General ElectionCommission , Khaltmaa Battulga wonthe Mongolian presidential election onJuly 8, 2017 with 50.6 % of the vote. He is a member of the Democratic Party.He was a former martial arts star andbusinessman. Mongolia is aparliamentary democracie country. Thegovernment is run by a Prime Minister,but the President has powers to vetolegislation and make judicialappointments. Tsakhia Elbegdorj willstep down as President after finishing his second and final term.

KOTTAYAN KATANKOTVENUGOPALSenior lawyer in the Supreme Court ofIndia and constitutional expert KKVenugopal has been appointed as a new15th Attorney General on June 30,2017. He was appointed by the RoyalGovernment of Bhutan to serve as theConstitutional adviser for drafting of the Constitution of Bhutan.In 2015, he was conferred PadmaVibhushan award by Government ofIndia. He had previously received thePadma Bhushan, the third-highestcivilian honour. The Attorney Generalfor India is the Indian government’schief legal advisor, and its primarylawyer in the Supreme Court of India.

KEWAL HANDAKewal Handa was appointed as thenon-executive Chairman of UnionBank of India on July 5, 2017. TheAppointments Committee of theCabinet has approved Handa’sappointment as non-officialDirector/non-executive Chairman ofthe bank. An order was issued by theDepartment of Personnel andTraining (DoPT) and Handa willhold the post for a period of threeyears.

PRIYANKA CHOPRAThe Bollywood actress PriyankaChopra has been appointed as thebrand ambassador by National SkillDevelopment Corporation (NSDC)for the government’s flagship SkillIndia campaign on June 29, 2017.Priyanka will use her celebrity statusto motivate youngsters to hone theirabilities through a media campaign.The Skill India campaign waslaunched by Prime Minister Narendra Modi in July 2015.The aim of the Government of India(GoI) is to train 40 crore people by2022 through its skilling initiatives.Earlier, Indian cricket captain ViratKohli, batting legend SachinTendulkar, Bollywood actors Sidharth Malhotra and Shabana Azmi andsinger Mohit Chauhan had alsobecome goodwill envoys for SkillIndia.

RAJESH V. SHAHThe government appointed Rajesh V.Shah as Chairperson on the Board ofGovernors of the National Institute of Fashion Technology (NIFT) onJune 28, 2017, in place of formercricketer Chetan Chauhan whoresigned from the post after beingmade the Sports Minister of UttarPradesh.The appointment of the chairman and non-official members of the Board ofGovernors of the NIFT is a statutorybody under the Ministry of Textiles. It is proposed by the Union textilesminister and approved by thePresident. NIFT set-up in 1986.

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Other AppointmentsPerson Post Related Facts

Sanjay Kothari(July 21, 2017)

Secretary to newPresident

• He is a Chairman of Public Enterprises Selection Board. The Appointments Committee of theCabinet, headed by Prime Minister Narendra Modi, has cleared these appointments for an initialperiod of two years.

Arbind Modi andBajrang Dass Vishnoi(July 15, 2017)

Members of CBDT • Senior bureaucrats were appointed as members of the Central Board of Direct Taxes (CBDT).

• It is the apex policy- making body of the Income Tax department.

Lilly Singh(July 14, 2017)

UNICEF’s GlobalGoodwill Ambassador

• UNICEF has appointed Indian- origin Canadian YouTube star Lilly Singh as its newest GlobalGoodwill Ambassador. Lilly has supported UNICEF’s Youth4Change initiative.

Justice Vikramajit Sen (July 13, 2017)

Broadcasting ContentComplaints Council(BCCC ) chairperson

• The Board of Directors of Indian Broadcasting Foundation (IBF) has appointed former SupremeCourt judge, Justice Vikramajit Sen, as the new chairperson.

• BCCC is an independent self-regulatory body set-up by the Board of Directors of IBF in June 2011.

• BCCC examine content- related complaints relating to all non-news general entertainmentchannels in India.

Debi Prasad Dash (July 10, 2017)

Director General of theDirectorate of RevenueIntelligence (DRI)

• He was the acting head of the DRI for the past five months. He was a member of the INTERPOLWorking Group on Money Laundering and Financing of Terrorism.

Leslie Thng (July 10, 2017)

CEO of Vistara • Leslie Thng succeed Phee Teik Yeoh as Chief Executive Officer for Vistara, effective .

• Tata SIA Airlines Limited, operating as Vistara, is an Indian domestic airline based in Gurgaon withits hub at Delhi-Indira Gandhi International Airport.

Saima WazedHossain (July 7, 2017)

WHO GoodwillAmbassador

• She has been appointed as WHO Goodwill Ambassador for Autism in South-East Asia Region for2 years. Saima is the daughter of Bangladesh’s Prime Minister Sheikh Hasina.

N. Chandrasekaran(July 5, 2017)

Chairman of TataGlobal Beverages(TGB)

• N. Chandrasekaran has replaced of Harish Bhatt. TGBL’s board has approved the appointment ofN. Chandrasekaran as an Additional Director and as Chairman of the Board of the Company.

Sanjay Kumar (July 4, 2017)

New NDRF Chief • Himachal Pradesh DGP Sanjay Kumar has been appointed as the new chief of the NationalDisaster Response Force (NDRF).

• The post of NDRF Director General (DG) fell vacant after incumbent RK Pachnanda was appointedas the chief of the Indo-Tibetan Border Police (ITBP), the Sino-Indian border guarding force.

SN Subrahmanyan(July 1, 2017)

CEO and ManagingDirector of Larsen &Toubro

• Subrahmanyan is currently the deputy Managing Director and President of the company.

• Subrahmanyan will assume the new role of non-executive Chairman for a period of 3 yearsbeginning from October 1.

Narendra KumarSinha(June 30, 2017)

Secretary in the Ministry of Information &Broadcasting

• He will be succeeding IAS officer Ajay Mittal who is getting transferred. Before his appointment,Sinha was the Secretary in the Ministry of Culture under government of India.

Vijay Keshav Gokhale (June 30, 2017)

Economic relationssecretary in MEA

• Senior diplomat Gokhale was appointed as the economic relations secretary in the Ministry ofExternal Affairs (MEA). The Appointments Committee of the Cabinet has approved hisappointment.

Dr. Manoj Soni (June 29, 2017)

Member of the UPSC • He was former Vice Chancellor of Dr. Babasaheb Ambedkar Open University. He was theyoungest-ever vice-Chancellor in India after Independence. UPSC strength has gone up to eightafter this appointment whereas it can have maximum 10 members.

Vidya Balan(June 28, 2017)

Ambassador of IFFM • Indian Film Festival of Melbourne (IFFM) will be held in August 10-22, 2017, which showcase over60 films. In 2017, IFFM has diversity as its central theme.

RESIGNATIONNAWAZ SHARIF Pakistan Prime Minister Nawaz Sharif has resigned from his post after the SupremeCourt disqualified him in the Panama Papers case on July 28, 2017. This is the thirdtime Nawaz Sharif has been unable to complete his term in the chief executive’s office. In a landmark judgment, a five Judge bench of Pakistan Supreme Court unanimouslyruled to register a case against Nawaz Sharif and his family guilty of moneylaundering.The Panama Papers are an unprecedented leak of 11.5 million files from the databaseof the world’s fourth biggest offshore law firm, Mossack Fonseca based in Panama.The records were obtained from an anonymous source by the German newspaperSüddeutsche Zeitung, which shared them with the International Consortium ofInvestigative Journalists (ICIJ). The documents had leaked the myriad ways in which the rich can exploit secretive offshoretax regimes.

43

50

1. Cabinet has raised the annualinvestment limit in Sovereign GoldBonds (SGBs) from 500 gm to how muchquantity per individual?

a. 2.5 kg b. 3.5 kg c. 4 kgd. 5 kg e. 6 kg

2. NITSER (National Institutes ofTechnology, Science Education andResearch) Amendment Bill proposes tointroduce two new Institutions namelyIndian Institute of Science Education andResearch (IISER) at which locations in theSecond Schedule of the NITSER Act, 2007.

a. Tirupati and Berhampurb. Tirupati and Nagpurc. Nagpur and Berhampurd. Tirupati and Kotae. Kota and Berhampur

3. NITI Aayog has cleared how manymass rapid transport systems proposedby Transport Ministry which are aimedto improve public transport?

a. 1 b. 2 c. 6 d. 7 e. 8

4. Which among the following metroservice has announced the launch ofIndia’s first Mobile Ticketing System‘OnGo’?

a. Kochi Metro b. Noida Metroc. Chennai Metro d. Delhi Metroe. Mumbai Metro

5. Who has written the book ‘IndianNational Congress in Punjab’ ?

a. Waryam Singh Sandhub. Sohan Singh Seetalc. Sukhchain Kaur Bassid. Pritam Kaur Safire. Chaman Lal Chaman

6. Who won the gold standards bywinning Golden Peacock Award for EcoInnovation for year 2017 ?

a. Wipro

b. Infoys

c. IROAF

d. Microsoft

e. Doordarshan

7. On July 27, 2017, Janata Dal (United)President, Nitish Kumar took oath asChief Minister of Bihar for .......... time.

a. 6th b. 7th c. 8thd. 9th e. 10th

8. On July 26, 2017, which companylaunched its first ‘Made for India’ chatmessaging application called Kaizala?

a. Facebook b. Apple c. Googled. Microsoft e. IBM

9. Rajya Sabha passed FDDI Bill, 2017.Abbreviation FDDI stands for:

a. Fabric Design and Development Institute

b. Footwear Design and DevelopmentInstitute

c. Future Design and Development Institute

d. Fiscal Deployment and DevelopmentInstitute

e. Financial Deployment and DevelopmentInstitute

10. Union Home Minister Rajnath Singh chaired the first meeting of the newlyconstituted Island Development Agency(IDA) in New Delhi. Which was set-up on

a. July 1, 2017 b. June 1, 2017c. May 1, 2017 d. April 1, 2017e. March 1, 2017

11. NSE Nifty was launched on

a. April 1, 1993 b. April 1, 1994c. April 1, 1995 d. April 1, 1996e. April 1, 1997

12. The Food Safety and StandardsAuthority of India (FSSAI) that banningthe use of stapler pins in tea bags witheffect from:

a. September 1, 2017b. October 21, 2017

c. November 11, 2017

d. December 21, 2017

e. January 1, 2018

13. Reliance Defence and EngineeringLimited (subsidiary of RelianceInfrastructure) announced the launch ofits first two Naval Offshore Patrol Vessels (NOPVs) named:

a. ‘Smruti’ and ‘Shruti’b. ‘Shachi’ and ‘Smruti’c. ‘Shivam’ and ‘Shruti’d. ‘Shachi’ and ‘Shruti’e. ‘Shachi’ and ‘Shivam’

14. Which Indian weight lifter hasbagged a gold medal at the Asian Youthand Junior Weightlifting Championshipsin Kathmandu (Nepal)?

a. Konsam Ormila Devib. Lalita Kumaric. Rita Singhd. Veera Jaiswale. Priya Mittal

15. Professor Yash Pal, who passedaway on July 24, 2017, was a veteran:

a. Historian b. Mathematicianc. Hindi Poet d. Hindi Novel Writere. Scientist

16. Who among the following releasedthe fourth volume of ‘Selected Speechesof President Pranab Mukherjee’?

a. Vice-President Hamid Ansarib. Prime Minister Narendra Modic. Home Minister Rajnath Singhd. Finance Minister Arun Jaitleye. External Affairs Minister Sushma Swaraj

17. UR Rao, who passed away , was arenowned

a. Historian b. Mathematicianc. Hindi Poet d. Hindi Novel Writere. Space Scientist

18. Which country topped the MedalTable at World Para AthleticsChampionships 2017?

a. The USA b. Russia c. Australiad. India e. China

19. The Banking Regulation(Amendment) Bill, 2017, seeks to amendwhich of the following Act?

a. Banking Regulation Act,1951b. Banking Regulation Act 1961c. Banking Regulation Act 1965d. Banking Regulation Act 1991e. Banking Regulation Act 1949

20. The Cabinet Committee onEconomic Affairs (CCEA) has givenin-principle approval for sale ofgovernment’s 51.11% stake along withmanagement control in HPCL to

a. Indian Oil Corporationb. Reliance Industriesc. ONGCd. BPCLe. Chennai Petroleum

21. Which country won ICC WomenWorld Cup 2017 by defeating India infinal match?

a. England b. West Indiesc. Australia d. South Africae. Pakistan

22. Which State government launchedfree power connection scheme for theBelow Poverty Line (BPL) card holdersin the State?

a. Rajasthan b. Madhya Pradeshc. Karnataka d. Tamil Nadue. Uttar Pradesh

Level 1

Di rec tions (Q. Nos. 1-10) Read the fol low ing pas sage care fully and an swer the ques tions given be low it. Cer tainwords/phrases have been printed in bold to help you to lo cate them while an swer ing some of the ques tions.

Think ing of what ed u ca tion might look like in the next de cade, one quickly re al ises that the trends in tech nol ogy are leav inga large num ber of our stu dents be hind. To day is an age of ex po nen tial change. New and ever-im prov ing tech nol o gies arepop ping up ev ery day and in ev ery cor ner of so ci ety.

Ed u cat ing the best and the bright est in this brave new world will take a new and im proved ed u ca tional par a digm. Al low ingour ed u ca tional tools to age in the cor ner of the class room will be the mis take that may cost us our fu ture. Throw ing awaymasses of chil dren to in eq ui ta ble ac cess will en sure that who lan guish at the bot tom of the global pool of em ploy ablework ers for decades to come. Tech nol ogy will shape the way we ed u cate stu dents in the next de cade. A user is not sim ply aper son who uses. For the stu dent, be ing a user should in volve us ing the lat est tech nol ogy in a free and au ton o mousman ner. This new-found free dom will al low the stu dent to be come an ac tive par tic i pant in his/her ed u ca tion in stead of apas sive pas sen ger. In our cur rent tech no log i cal so ci ety, be ing a user also means be ing tracked. Track ing a stu dent meanshav ing the abil ity to tar get ed u ca tion to wards weak nesses and strengths. The abil ity to ac cu rately cus tom ise curriculum tothe in di vid ual has been the holy grail of ed u ca tional phi los o phy for many years. This golden age of tech no log i caldevelopment may soon enable this dream to become a reality.

Cur rent ed u ca tional and in di vid ual as sess ment is ar bi trary at best. Ac cu rately as sess ing a stu dent can only be achieved byus ing mo dern track ing and da ta base tech nol o gies. Imag ine a world where ev ery child has a tab let com puter with ready ac cess to the internet. Fur ther, imag ine that ev ery stu dent can ac cess all the knowl edge of hu man kind freely at any mo ment in time.Con tinue to imag ine a world where a mis spelled word brings up a spell ing chal lenge ap pli ca tion in stead of an auto cor rec tion.Try to con tem plate what it would mean for a teacher to have a da ta base of ev ery mis spelled word, ev ery mis un der stoodcon cept or ev ery missed equa tion for each of their stu dents. Try to en vi sion a teacher with the abil ity to cus tom ise theex pe ri ence of the individual user with min i mal ef fort. Imag ine the cur ric u lum be ing au to mat i cally tar geted to the user throughan in tu itive ed u ca tional plat form that knows all strengths and each unique weak ness. In the last few hun dred years, mostin di vid u als would con sider an ed u ca tion as some thing you re ceive. You of ten hear the ques tion asked, ‘‘Where did you re ceiveyour education ?’’ As we pro ceed through the next de cade, ed u ca tion will slowly move away from re cep tion and to ward be ingcus tom de signed for the in di vid ual user. New tech nol ogy will not only al low us to re ceive an ed u ca tion, but also de velop aned u ca tion. The ques tion we might ask in ten years is, ‘‘How did you de velop your ed u ca tion ?’’ The question of where will stillbe important, but the how of the matter will be the focus that defines the individual. To make this a re al ity we will need astan dard ised plat form from which to de velop a stu dent’s unique ed u ca tion. This stan dard ised plat form will al low us to tai lor a

55

Part I English Language

IBPS PO/MTInstitute of Banking Personnel Selection

-MOCK PAPER 2

( )Pre. Phase I Online Exam 2017

ONLINE EXAM OCTOBER 7/8/14/15, 2017

General Instructionsl This crack set con sists 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

79. State ments B © T, T H R, R % F, F @ K

Conclusions I. B % R II. F H TIII. R % K IV. K H T

a. None is true. b. Only I is true. c. Only II is true.d. Only III is true. e. Only IV is true.

80. State ments F % N, N © W, W δ Y, Y H T

Conclusions I. F % W II. T % NIII. N % Y IV. T % W

a. I and III are true. b. I and IV are true. c. II and III are true.d. I, II and IV are true. e. None of the above

Directions (Q.Nos. 81-85) These questions are based onthe following letter/number/symbol arrangement. Study itcarefully to answer the questions.

A 8 B 6 # 7 H U % 3 $ F V R 2 I @ ↑ 4 1 W E 9 © L 5

81. Which of the fol low ing is sev enth to the right offif teenth from the right end?a. 4 b. ↑ c. 1d. W e. None of these

82. If all the sym bols are dropped from the abovear range ment which of the fol low ing will be eighthfrom the left end?a. F b. $ c. Ud. 3 e. None of these

83. How many such sym bols are there in the abovear range ment, each of which is im me di ately fol lowedby a con so nant and also im me di ately pre ceded by anumber?a. None b. One c. Twod. Three e. More than three

84. How many such num bers are there in the abovear range ment each of which is im me di ately fol lowedby a vowel, but not im me di ately pre ceded by anumber? a. None b. One c. Twod. Three e. More than three

85. Four of the fol low ing five are alike in a cer tainway on the ba sis of their po si tions in the abovear range ment and so form a group. Which is the onethat does not be long to the group?a. B7# b. 14↑ c. F2R d. 95L e. W©E

Directions (Q.Nos. 86-90) Stydy the following informationcarefully and answer the questions given below.

Seven friends A, B, C, D, E, F and G ap plied for threeBanks P, Q and R. Out of these at least two have ap plied foreach bank. There is only one girl who has ap plied only forone bank. Out of seven friends three were se lected one forone bank, out of these was only one girl. B is sis ter of G andboth have ap plied for the same bank but not for Q. A ap plied for the bank R only with E who is a girl. F ap plied for theBank P but he was not se lected. C who is the wife of D, hasbeen selected.

86. Which of the fol low ing com bi na tions rep re sentsgirls? a. B, C, E b. B, C and G c. C, E and G d. Cannot be determined e. None of these

87. For which bank, three per sons ap plied?a. R b. P or Q c. Q or Rd. P e. Cannot be determined

88. Which of the fol low ing com bi na tions of boys and Bank P is correct?a. G-Q b. C-Q c. D-R d. E-R e. A-R

89. Which of the fol low ing com bi na tions of friends,rep re sents for the Bank P?a. B and F b. F and G c. B, F and Gd. B, F and C e. None of these

90. Fi nally which of the fol low ing were se lected?a. A, C and F b. A, C and G c. B, C and Fd. B, C and G e. None of these

Directions (Q.Nos. 91-95) In each of the questions beloware given three statements followed by three conclusionsI, II and III. You have to take the given statements to be trueeven, if they seem to be at variance from commonly knownfacts. Read all the conclusions and then decide which ofthe given conclusions logically follows from the givenstatements disregarding commonly known facts.

91. Statements All win dows are doors. All build ingsare doors. All doors are boats.

ConclusionsI. All windows being boats is a possibility.

II. All buildings are boats. III. At least some boats are doors.a. I and II follow b. I and III follow c. II and III followd. All follow d. None of these

92. State ments Some desks are chairs. Some chairsare pens. Some pens are draw ers.

ConclusionsI. Some draw ers are def i nitely desks.

II. At least some drawers are chairs.III. No drawer is chair.a. None follows b. Only II followsc. Only III follows d. Either II or III followse. Either I and either II or III follow

93. Statements All flowers are trees. Some trees arehouses. All houses are wheels.

ConclusionsI. All wheels being trees is a possibility.

II. At least some trees are flowers.III. Some wheels are not flowers.a. I and II follow b. I and III follow c. II and III followd. All follow e. None of these

94. Statements Some radios are telephones. Alltelephones are mirrors. All mirrors are desks.

ConclusionsI. All radios are desks.

II. Some radios being mirrors is a possibility.III. At least some desks are telephones.a. I and II follow b. I and III followc. II and III follow d. All followe. None of these

95. Statements All furnitures are jun gles. No jun gleis road. Some roads are hills.

ConclusionsI. Only road is furnitures.

II. All jungles being furnitures is a possibility.III. Some hills are jungles.

61

a. Only I follows b. Only II followsc. Only III follows d. I and II followe. None of these

Di rec tions (Q.Nos. 96-97) These ques tions are based on the fol low ing in for ma tion.

In a certain code, ‘za ed mn’ means ‘sky is blue’, ‘mn godprv’ means ‘blue are ure’ and ‘za to sun to’ means ‘very verysky beautiful’.

96. ‘beau ti ful sky is blue’ can be coded as which ofthe fol low ing?a. mn za to sun b. za mn sun edc. za mn sun prv d. prv sun za ede. None of these

97. Which of the fol low ing is the code for ‘very’?a. za b. sunc. to d. gode. None of these

Directions (Q.Nos. 98-100) Read the following information carefully and answer the questions which follow.

if ‘A × B’ means ‘A is wife of B’

if ‘A + B’ means ‘A is brother of B’

if ‘A ÷ B’ means ‘A is daughter of B’

if ‘A − B’ means ‘A is son of B’

98. How is Q related to P, if ‘P ÷ R × T − Q’?a. Grand-daughter b. Mother-in-law/Father-in-lawc. Grandmother d. Grandmother/Grandfathere. None of these

99. How is P related to R, if ‘P − Q + R ÷ T’?a. Brother/Sister b. Niece c. Sisterd. Nephew/Niece e. None of these

100. How is T related to P, if ‘P × Q − T + R’?a. Mother b. Father-in-lawc. Mother-in-law d. Mother-in-law/Father-in lawe. None of these

62

Hints Solutions&

1. (b) The sixth and the seventh paragraphsclearly support all the three points A, B andC.

2. (d Only points B and C are true in thecontext of the passage.

3. (e) ‘Technology–Reshaping the Future ofEducation’ is the most appropriate title forthe passage.

4. (e) The author did not visualise or supportany of the given four alternatives.

5. (a)

6. (d) According to the author, the currenteducation provided is not satisfactorybecause the education system is not guided by the technology and hence, the pace oflearning is slow.

7. (c) 8. (c)

9. (a) In the passage reciprocal meansmutual; involving two people or groups whoagree to help each other or behave in thesame way to each other. So, interactive ismost similar in meaning to it.

10. (d) In the passage paradigm means atypical example or pattern. So, model ismost similar to it.

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

16. (b) Use ‘because’ in place of ‘why’. Insense of for the reason that ‘because’ is used.

17. (b) Use ‘many’ in place of ‘much’. Forcountable nouns many is used.

18. (a) Add ‘been’ after ‘has’.

19. (d) Use ‘of’ in place of ‘by’. Usually‘shares of/in’ is used.

20. (d) The second part of the sentenceshould be in future tense.

Solutions. (Q.Nos. 21-25) The propersequence of sentences to make ameaningful paragraph will be CEBFAD.

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

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

31. (c) ? ( %= 563 of 808) ÷ 129

? = ×

÷808563

100129 = ÷4549 04 129.

? .= 35 26 = 35 (approx.)

32. (b) ? ( . )= 632 46 2

= 400005 65. = 400000 (approx.)

33. (e) ? ( . . ) .= − ×629715 238 938 8 451

= ×( . ) .390777 8 451

= 3302 46. = 3300 (approx.)

34. (a) From 2001 to 2006, the total number of people who preferred to travel by rail= + + +(1200 1150 1250 1300

+ +1450 1550)

= 7900 thousand

35. (b) Required ratio = 1550 1150: = 31 23:

36. (d) Required number of people prefer totravel by bus

= +105050

100 of 1250

= +1050 625 = 1675 thousand

37. (c) Number of boys in pair E and F is

= × − ×

1200 12

100

800 14

100 and

= × − ×

1200 13

100

800 14

100

= −( )144 112 and ( )156 112− = 32 and 44

Number of boys in pair A and D is

= × − ×

1200 20

100

800 30

100 and

1200 35

100

800 30

100

× − ×

= −( )240 240 and ( )420 240− = 0 and 180

Number of boys in pair C and F is

= × − ×

1200 5

100

800 2

100 and

1200 13

100

800 14

100

× − ×

= −( )60 16 and ( )156 112− = 44 and 44

38. (a) Number of boys in Course D

= × − ×

1200 35

100

800 30

100 = −420 240

= 180

Number of girls in Course D

= ×800 30

100 = 240

∴ Required ratio = 180 240: = 3 4:

39. (b) Number of girls in Course C

= × =800 2

10016

40. (a) Number of girls in Course E

= ×800 14

100 = 112

Number of boys in Course E

= × =1200 12

100144 = −144 112 = 32

∴ Required percentage

= − ×( )112 32 100

32 = 250%

41. (d) Area of the square =

164

4

2

= ( )41 2

= 1681 sq m

42. (b) Suppose required small number is x.

x x× + =( )1 1980 ⇒ x x2 1980 0+ − =⇒ x x x2 45 44 1980 0+ − − =⇒ x x x( ) ( )+ − + =45 44 45 0

⇒ ( )( )x x− + =44 45 0 ⇒ x = 44

So, smallest number is 44.

43. (a) 1110 100

55 25

75

100

.

×−

× = .27 75

44. (c)

45. (e) M H D

8 9 20

7 10 x 7 8 20: : : x10 9:

x = × ××

8 9 20

7 10 = =144

720

4

7 days

63

46. (a) From I, y x= ×2

3

4

3 = 8

9x

From II, y = −241 19 6. . = 4 5.

Put the value of y .= 4 5 in Eq. I,

3

44 5

2

3× =. x ⇒x = 40 5

8

. = 5 06.

So, x y>

47. (c) From I and II,

4 2 8 5x y+ = .

2 2 4 9 5( . )x y+ =4 8 19x y+ =4 8 19x y+ =

4 2 8 5

6 10 5

x y

y

+ ==

.

.

y = 10 5

6

. = 175.

Put the value of y = 1 75. in Eq. I,

4 2 175 8 5x + =( . ) .

4 3 5 8 5x + =. .

4 5x =

x = =5

41 25.

So, x y<

48. (b) From I,

x = 106483

x = × ×22 22 223

x = + 22

From II, y = ± 484 = ± 22

So, x y≥ (Q 22 22≥ ± )

49. (d) From I,

x x2 17 72 0+ + =

x x x2 9 8 72 0+ + + =

x x x( ) ( )+ + + =9 8 9 0

( )( )x x+ + =9 8 0

x = − 8 or − 9

From II, y y2 15 56 0+ + =

y y y2 8 7 56 0+ + + =

y y y( ) ( )+ + + =8 7 8 0

( )( )y y+ + =7 8 0

y = − 7 or − 8

So, x y≤

50. (d) ? % %= +73 8523 32 6245of of

? = × + ×852373

1006245

32

100

= +622179 1998 40. . = 822019.

51. (a) ? = 8043573 = × ×93 93 933 = 93

52. (e) ( )? ?3 19683=

( )(?)3 32 9= ⇒ ? 2 9= ⇒ ? = 3

53. (b) 63 5

100

.of 8924.2

?

100+

of 5324.4 6827.5862=

892464

1005325

1006828× + × =?

⇒ 57115325

1006828+ × =?

⇒ ?( )= − ×6828 5711 100

5325 = 111700

5325

= 22 (approx.)

54. (d) ? = + +14

77

1

33

3

5

? = + +11

7

22

3

18

5 = + +165 770 378

105

= 1313

105 = 12 50. = 13 (approx.)

55. (c) ? = ÷9546324 4584 = 2082 53.

= 2083 (approx.)

56. (c) Total number of result = 103C

= × × =10 9 8

6120

Number to not be a red = 53C = × =5 4

210

∴ At least one is red = −11

12 = − =12 1

12

11

12

57. (b) Total number of result = ×32

22C C

= × =3 1 3

∴ Required probability = =3

210

1

70

58. (e) 59. (c) 60. (b)

61. (a) Required percent

=

Total exports of electronic goods

in the year 2003

Total exports in the year 2003 100×

= ×717 100

5426 = 13 2. % ≈ 13%

62. (c) Required percent

= − × Export in 2003 Export in 2004

Export in 2003 100

= − ×717 653

717100 = 8 93. % ~ %− 9

63. (e) Required percentage increase

= − ×

717 624

624100

− − ×

5426 5404

5404100

= −( . . )%14 9 0 4 = 14 5. %

64. (e) Suppose the distance of one side = xkm

Q x x

40 451− = ⇒

45 40

18001

x x− = ⇒ 5

18001

x =

⇒ x = ×1 1800

5 = 360 km

65. (a) Suppose the number of boys andgirls increased are x.

Q 20

25

7

8

++

=x

x ⇒ 160 8 175 7+ = +x x

⇒ 8 7 175 160x x− = − ∴ x = 15

Now the number of members in group

= + + +( ) ( )20 15 25 15 = +35 40 = 75

Solutions. (Q.Nos. 66-70) According to thegiven information

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

71. (d)

From starting point he is 50 m far away and direction is North.

72. (b) The meaningful word is lied only one.

73. (a)

74. (e) How many goals scored → 5 3 9 7 …(i)

Many more matches → 9 82 …(ii)

He scored five → 1 6 3 …(iii)

From Eqs. (i) and (ii) , many → (9)

From Eqs. (i) and (iii), scored → 3

So, goals’s code 5 or 7.

75. (c) According to Pratap = 20, 21, 22

According to his sister = not after 21st April

So, the birthday will be 20 or 21 April fromboth statements.

Solutions (Q. Nos. 76-80) Accoring to thegiven information

δ ⇒ ≤ % ⇒ > H ⇒ <

© ⇒ ≥ @ ⇒ =

76. (e) 77. (a) 78. (d) 79. (d) 80. (b)

81. (a) Seventh to the right of fifteenth fromthe right end is 4.

82. (d) If all the symbols are dropped fromthe arrangement

So, eighth from the left is 3.

83. (c)

3 $ F and 9 L

84. (b) R 2 I

85. (e) As, B →+3

7 →−1 #, I →

+3 4, →−1

↑

F →+3

2 →−1 R, 9 →

+3 5 →−1

L

But, W→+3

→−2 E

So, WE does not belong to the group.

Solutions (Q. Nos. 86-90) According to thegiven information

Person Bank Sex

A R Male

B P Female

C Q Female

D Q Male

E R Female

F P Male

G P Male

Selection in Banks P → G, Q → C R → A

86. (a) 87. (d) 88. (e) 89. (c) 90. (b)

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

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

(Chairman)

(Group Leader)FE

C

B H

D

A

G

(Manager)

(FinancialAdvisor)

(President)(Vice-President)

(CompanySecretary)

(ManagingDirector)

100 m

50 m

30 m

Number Symbol Consonant

Number Symbol Vowel

A 8 B 6 7 H U 3 F V R 2 I 4 1 W E 9 L 5

Eighth from the left

Directions (Q.Nos. 1-5) In the following questions, relationships betweendifferent elements is shown in the statements. The statements are followed byconclusions. Study the conclusions based on the given statements and selectthe appropriate answer.

Give an swera. if only con clu sion II is true b. if only con clu sion I is truec. if both con clu sions are true d. if ei ther con clu sion I or II is truee. if nei ther con clu sion I nor II is true

1. State ments S ≤ L ≤ I = P ≥ E > R; L > Q

Con clu sions I. P ≥ S II. I > R

2. State ments G > R ≤ E = A ≤ T ≤ S; D ≤ A ≤ J

Con clu sions I. T ≥ D II. R > S

3. State ments A ≥ B > C ≤ D ≤ E < F

Con clu sions I. A ≥ E II. C < F

4. State ments G > R ≥ E = A ≤ T ≤ S; D ≤ A ≤ J

Con clu sions I. J > G II. J = G

5. State ments S ≤ L ≤ I = P ≥ E > R; L > Q

Con clu sions I. L < R II. E ≥ Q

Directions (Q.Nos. 6-10) Study the following information carefully to answerthe questions based on it.

A, B, C, D, W, X, Y and Z are sitting is a circle. (But not necessary in the sameorder) there faces are on the centre. W is sitting third to the left of Y. Theperson, who is from Dwarka is to the immediate right of W and W is not fromOkhla. B is sitting fourth to the right of Z. Z is not the neighbour of Y. NeitherB nor Z is an immediate neighbour of W. X is from Chanakyapuri and is sitting third to the right of the person from Dwarka.The person from Mehrauli issitting second to the left of person from Chanakyapuri. The person fromRohini is sitting second to the left of W. A, who is from Lajpat Nagar, is sittingexactly between X and Z. The person from Saket is sitting second to the rightof the person from Lajpat Nagar. C is sitting third to the left of X.

6. Who amongst the following persons belongs to Okhla?a. Y b. D c. C d. B e. Z

7. What is A’s position with respect to B?a. Third to the right b. Sec ond to the right c. Third to the leftd. Sec ond to the left e. Fourth to the right

8. How many people are sitting between Z and C when counted in ananticlockwise direction From C?a. One b. Two c. Three d. Four e. None

Part I Reasoning Ability

General InstructionsThis question paper has 100 multiple choice questions, which are divided into three parts.

Before the completion of time limit, the candidates are not permitted to submit their answers.

To navigate between questions, the candidates can click on the question number displayed to the right of the screen.

Quantitative Aptitude 35II

Subject No. of QuestionsPart

35I Reasoning Ability

30III General English

* Based on Memory

IBPS CWE-VI PO/MT

ONLINEEXAM

OCTOBER 23,2016

Pre. Exam 2016

SOLVED PAPER

9. Four of the following five pairs are alike in acertain way based on their positions in the givenarrangement and, so form a group. Which of thefollowing does not belong to the group?a. B-Rohini b. Z – Mehrauli c. D – Okhlad. Y – Saket e. X – Dwarka

10. Which of the following statements is falseaccording to the mentioned arrangement?a. C is to the im me di ate right of the per son from Karol Bagh.b. The per son from Lajpat Nagar is third to the right of the

per son from Mehrauli.c. The per son from Dwarka is sit ting ex actly be tween the

per son from Karol Bagh and the per son from Saket.d. D is nei ther from Chanakyapuri nor from Karol Bagh.e. There are only three peo ple be tween A and C.

Directions (Q.Nos. 11-15) In each question below aregiven two/three statements followed by two conclusions I and II. You have to take the given statements to be trueeven if they seem to be at variance with commonlyknown facts. Read all the conclusions and then decide,which of the given conclusions logically follows from thegiven statements, disregarding commonly known facts. Give answera. if only con clu sion I fol lowsb. if only con clu sion II fol lowsc. if ei ther con clu sion I or II fol lowsd. if nei ther con clu sion I nor II fol lowse. if both con clu sions I and II fol low

11. State ments All cir cles are tri an gles.

Some triangles are rectangles.All rectangles are squares.

Con clu sions I. All rect an gles be ing tri an gles is apos si bil ity.

II. All circles being square is apossibility.

12. State ments Some chairs are ta bles.

Some bed are tables.No furniture is bed.

Con clu sions I. All chairs be ing fur ni ture is apos si bil ity.

II. Some tables are not bed is apossibility.

13. State ments All cir cles are tri an gles.

Some triangles are rectangles.All rectangles are squares.

Con clu sions I. Some tri an gles are not rect an gles.II. No square is a circle.

14. State ments All arts are the atre.

Some arts are drama.Con clu sions I. All drama be ing the atre is a

pos si bil ity.II. Some dramas are theatre.

15. State ments Some chairs are ta ble.

Some bed are tables.No furniture are bed.

Con clu sions I. Some ta bles are not fur ni ture.II. All tables being furniture is a

possibility.

Directions (Q.Nos. 16-18) Read the given informationcarefully and answer the given questions.

Point B is 25 m South of point A. Point C is 10 m East ofpoint B. Point D is 30 m North of point C. Point E is 7 mEast of point D. Point X is 18 m South of point E. Point M is 12 m South of point X. Point C is 7 m West of point M.

16. B is in which direction from point D?a. South b. South-West c. North-Eastd. South-East e. North

17. If point W is 3 m to the North of point A, thenwhat is the distance between point B and point W?a. 28 m b. 15 m c. 22 m d. 24 m e. 17 m

18. What is distance between point B and point M?a. 17 m b. 15 m c. 21 m d. 19 m e. 13 m

Directions (Q.Nos. 19-23) Study the followinginformation to answer the given questions.

S, T, U, V, W, X, Y and Z are sitting in a straight lineequidistant from each other (but not necessarily in thesame order). Some of them are facing South while some are facing North.

S faces North. Only two people sit to the right of S. T sits third to the left of S. Only one person sits between T and X. X sits to the immediate right of W. Only one personsits between W and Z. Both the immediate neighboursof T face the same direction. U sits fourth to the left of X. T faces the opposite direction as S. Y does not sit at anyof the extremes ends of the line. V faces the samedirection as W. Both Y and U face the opposite direction of Z.

19. How many persons in the given arrangementare facing North?a. More than four b. Four c. Oned. Three e. Two

20. Four of the following five are alike in a certainway, and so form a group. Which of the followingdoes not belong to the group?a. W, X b. Z, Y c. T, Sd. T, Y e. V, U

21. What is the position of X with respect to Z?a. Sec ond to the left b. Third to the rightc. Third to the left d. Fifth to the righte. Sec ond to the right

22. Who amongst the following sits exactly betweenZ and W?a. T b. Y c. X d. W e. U

23. Who is sitting 2nd to the right of T?a. Z b. V c. Xd. W e. None of these

Directions (Q.Nos. 24-26) Study the followinginformation and answer the given questions.

D is daughter of N. E is wife of N. G is sister of D. C ismarried to G. N has no son. K is mother of E. Q is onlydaughter of C.

24. How Q is related to D?a. Daugh ter b. Cousin c. Nieced. Sis ter in law e. Can not be de ter mined

100

25. How N is related to K?a. Brother-in-law b. Cousin c. Son-in-lawd. Sis ter e. Brother

26. How many daughters N have?a. One b. Threec. Two d. Can not be de ter minede. None of these

Directions (Q.Nos. 27-29) Study the followinginformation and answer the given question.

There are six wires in an extension box A, B, C, D, E andF they have different length, but not necessarily in thesame order. E is greater than C, but less than D and B.A is greater than D and B. A is not longest wire. F is 13cm long and E is 4 cm long.

27. If D is 5 cm less than F what would be the length of D?a. 7 cm b. 8 cm c. 9 cmd. Can’t be de ter mined e. None of these

28. Which wire has least length?a. B b. A c. Cd. E e. None of these

29. If A is 10 cm length and B carry 5 cm length, then what would be the length of C?a. 6 cm b. 2 cm c. 7 cmd. 9 cm e. None of these

Directions (Q.Nos. 30-35) Study the given informationcarefully to answer the given questions.

M, N, O, P, Q, R and S are seven people live on sevendifferent floors of a building but not necessarily in thesame order. The lower most floor of the building isnumbered 1, the one above that is numbered 2 and soon till the topmost floor is numbered 7. Each one ofthem have different income i.e. ` 3500, ` 15000, ` 7500,` 9000, ` 11000, ` 13500 and ` 5000. (But not nec es sar ily in the same or der.) M lives on an odd num bered floor,but not on the floor num bered 3.

The one, who has in come of ` 11000 lives im me di atelyabove M. Only two peo ple live be tween M and the one

who has in come of 7500. The one, who has in come of` 15000, lives on one of the odd num bered floors aboveP. Only three peo ple live be tween O and the one whohas in come of ` 3500. The one who has in come of 7500lives im me di ately above O. The one who has in come of` 3500 lives im me di ately above the one who has in comeof ` 5000. S lives on an odd num bered floor. Only oneper son lives be tween N and Q. N lives on one of thefloors above Q. Nei ther O nor M has in come of ` 9000.Q does not has in come of ` 7500.

30. How much income M has?a. ` 13500 b. ` 5000 c. ` 7500 d. ` 15000 e. ` 3500

31. Which of the following combinations is true with respect to the given arrangement?a. ` 3500-O b. ` 15000-R c. ` 5000-Sd. ` 11000-P e. ` 9000-N

32. If all the people are made to sit in alphabeticalorder from top to bottom, the positions of howmany people will remain unchanged?a. Four b. None c. Twod. One e. Three

33. Which of the following statements is false withrespect to the given arrangement ?a. The one who has in come of 5000 lives im me di ately be low M.b. R has in come of 15000.c. None of the given op tions is true.d. Only four peo ple live be tween P and S.e. S lives im me di ately be low Q.

34. Who amongst the following lives on the floornumbered 2?a. Nb. The one who has in come of ` 3500.c. The one who has in come of ` 5000.d. Pe. R

35. How much income R has?a. ` 13500 b. ` 5000 c. ` 7500d. ` 15000 e. ` 3500

Directions (Q.Nos. 36-39) Study the table carefully andanswer the given questions.

StatePercentage of PopulationBelow the Poverty Line

Proportion of Males andFemales

Below Poverty Line

Above Poverty Line

M : F M : F

P 35 5 : 6 6 : 7

Q 25 3 : 5 4 : 5

R 24 1 : 2 2 : 3

S 29 3 : 2 4 : 3

T 15 5 : 3 3 : 2

36. If the male population above poverty line forState R is 1.9 million, then, what is the totalpopulation of State R?a. 4.5 mil lion b. 4.85 mil lionc. 5.35 mil lion d. 6.25 mil lione. 6 mil lion

37. What will be the number of females abovepoverty line in the State S if it is known that thepopulation of State S is 7 million?a. 3 mil lion b. 2.13 mil lionc. 1.33 mil lion d. 5.7 mil lione. 4 mil lion

38. What is the male population above poverty linefor State P, if the female population below povertyline for State P is 2.1 million?a. 2.1 mil lion b. 2.7 mil lion c. 3.3 mil liond. 2.3 mil lion e. 3 mil lion

39. If the population of males below poverty line forState Q is 2.4 million and that for State T is 6 million,then what is the respective ratio of the totalpopulation of State Q and T?a. 1 : 3 b. 2: 5 c. 3 : 7d. 4 : 9 e. 3 : 9

101

Part II Quantitative Aptitude

Now, population of state P above poverty line

= ×1165

100 million

Now, male population of state P above

poverty line = × × =1165

100

6

133 3. million

39. (b) Let, total population of state Q = x

Then, male population below poverty line

= ×3

8

25

100

x

⇒ 3

8

25

1002 4× =x

.

⇒ x = × ××

=8 10 24

3 2525 6.

⇒ x = 25 6. million

Now, let total population of state T = y

Then, male population below poverty line

= ×5

8

15

100

y

⇒ 5

8

15

1006× =y

⇒ y = × ××

=8 100 6

5 1564

⇒ y = 64 million

Now, required ratio

= Total Population of State Q

Total Population of State T

= =x

y

25 6

64

. million

million

= =×

= =256

640

2

2 5

2

52 5

8

7:

40. (c) Let, total run made in 11th inning = x

According to the question,

10 60

1162

× + =x

⇒ 600 682+ =x

⇒ x = −682 600

⇒ x = 82

41. (b) Here, n( ) , , , , ,3 3 6 9 12 300= K

∴ 300 3 1 31= + −( )n

⇒ 3 3 2971n − =⇒ 3 3001n =

⇒ n1 100=and n( ) , , , ...,7 7 14 21 294=∴ 294 7 172= + −( )n

⇒ 7 2942n =⇒ n2 42=Now, n (3 and 7) = 21 42 294, , ...,

⇒ 294 21 1 213= + −( )n

⇒ 21 2943n =⇒ n3 14=∴ n E( ) = + − =100 42 14 128

and n S( ) = 300

∴ Pn E

n S= = =( )

( )

128

300

32

75

42. (a) Q 14 Men’s 1 day work = 1

18

∴ 14 Men’s 3 days work = =3

18

1

6

Now, 15 women’s 1 day work = 1

24

∴ 1 women 1 day work =×1

15 24

∴ 10 women’s 1 day work =×

=10

15 24

1

36

∴ 10 women’s 3 days work = × =31

36

1

12

∴ Total work done = +1

6

1

12

= + = =2 1

12

3

12

1

4

Now, remaining work = − =11

4

3

4

43. (c) Given, 2( )l b x+ =

⇒ 2 2l b x+ = …(i)

and 2 8πr x= + …(ii)

and r

l= 1

2 and

l

b= 7

3

⇒ lb= 7

3

Q r

l= 1

2 ⇒ r

l=2

Now, putting the value of x r, and l inequation (ii)

2 8πr x= +

⇒ 222

7 22 2 8× × = + +l

l b

⇒ 22

72 2

3

78l l

l− − × =

Q bl=

3

7

⇒ 22

72

6

78l l

l− − =

⇒ 22 14 6

78

l l l− − =

⇒ 2 56l = , l = 28

44. (b) Let, money invested by A = ` x

Then, money invested by B = −`( )4000 x

According to the question,

⇒ x x× × = − × ×5 2

100

4000 3 2

100

( )

⇒ 5 12000 3x x= −⇒ 8 12000x =⇒ x = 1500

Hence, money invested by A = `1500

45. (a) Let, distance = D

and speed of fast train = S1

and speed of slow train = S 2

∴ D S S= +14 1 2( ) …(i)

(when both trains are in opposite direction)

and D S S= −182 1 2( ) …(ii)

(when both trains are in same direction )

Now, from Eqs. (i) and (ii), we have

14 1821 2 1 2( ) ( )S S S S+ = −⇒ ( ) ( )S S S S1 2 1 213+ = −⇒ 13 131 2 1 2S S S S− = +⇒ 12 141 2S S=

⇒ S

S1

2

14

12

7

6= =

⇒ S S1 2

7

6=

∴ Required percentage = −

×7

61 100%

= = =100

616 666 16 67% . % . %

46. (a)

47. (b)

48. (d)

49. (b)

50. (b)

51. (c) Here, 65

100

3= −x y

yx

x

⇒ 13 60 20y x yx x= −⇒ 33 60y xx =

⇒ yx x

x = =60

33

20

11

⇒ yx

x = 20

11

Now,50

100

4=

−x y

y

y

y

⇒ 1

2

4=

−x y

y

y

y

⇒ 8 2x y yy y− =⇒ y y xy y+ =2 8

⇒ 3 8y xy =

⇒ yx

y = 8

3

∴ Required ratio = = ×y

y

x

xx

y

20

11

3

8

= ××

= =5 3

11 2

15

2215 22:

52. (b) In year 2007, profit percentage

= − ×Income Expenditure 100

Expenditure

⇒ 35220

100= − ×Income 220

⇒ ( )Income − = × =22035 220

10077

⇒ Income = + =77 220 297 crore

Hence, In year 2007, income of company Y = 297 crore

53. (d) Since in year 2006, expenses of bothcompanies are equal.

∴ 40

100= −I E

EX

⇒ 2

5= −I E

EX

107

11 20 38 74 146

×2–2 ×2–2 ×2–2 ×2–2

15 21 38 65 101

+6

145

+17 +27 +36 +44

+11 +10 +9 +8

–1 –1 –1

24 28 19 35 10 46

2+2 2–3 2+4 2–5 2+6

7 16 45 184 915 5496

×2+2 ×3–3 ×4+4 ×5–5 ×6+6

12 19 35 59 90

+7

127

+16 +24 +31 +37

+9 +8 +7 +6

–1 –1 –1

Directions (Q.Nos. 1-5) Study the followinginformation carefully and answer the given questions.

L, M, N, O, P, Q, R and S are sitting around a squaretable in such a way that four of them sit at four cornersof the square while four sit in the middle of each of thefour sides. The ones who sit at the four corners face thecentre while those who sit in the middle of the sides face outside.

Two females sit in the middle of the sides and two at the corners. L sits second to the left of R. R sits in themiddle of one of the sides. N sits fourth to the right ofhis wife and his wife is not an immediate neighbour of Lor R. M sits third to right of her husband. M does not sitat any of the corners. Only O sits between M and S. S isthe husband of L. P is a male.

1. Which of the following is true with respect to the givensitting arrangement?a. No two males are immediate neighbours of each other.

b. R and S do not face each other in the sitting arrangement.

c. P and O are immediate neighbours of each other.

d. Q is a male and sits diagonal opposite to P.

e. L sits in the centre of one of the sides of the square table.

2. Who amongst the following is M’s husband?a. N b. R c. Pd. Q e. Cannot be determined

3. How many people sit between M and N when counted inanti-clockwise direction from M?a. None b. One c. Two

d. Three e. Four

4. Who amongst the following is the wife of N?a. O b. Q c. Md. R e. Can’t be determined

5. What is the position of P with respect to N?a. Immediately to the left b. Second to the left

c. Third to the right d. Immediately to the right

e. Second to the right

Directions (Q.Nos. 6-7) Study the followinginformation carefully to answer the given questions.

In a certain code,‘answer it right’ is written as ‘la ma fa’.‘where is it’ is written as ‘ho la ko’.‘right from here’ is written as ‘sa ba ma’.‘here she is’ is written as ‘ho sa do’.

6. Which of the following may represent ‘absolutely rightanswer’?a. ma fa ba b. ko zo fa c. fa ko ma

d. fa ma ho e. cannot be determined

7. What is the code for ‘from’?a. sa b. ba c. ma

d. la e. Either ‘ba’ or ‘la’

Directions (Q.Nos. 8-9) Study the followinginformation carefully and answer the given questions.

A word and number arrangement machine when givenan input line of words and numbers rearranges themfollowing a particular rule in each step. The following isan illustration of input and rearrangement.

Input day 74 night 36 25 68 all for

Step I all day 74 night 36 25 68 for

Step II all 74 day night 36 25 68 for

Step III all 74 day 68 night 36 25 for

Step IV all 74 day 68 for night 36 25

Step V all 74 day 68 for 36 night 25

and step V is the last step of the rearrangement of theabove input.

As per the rules followed in the above steps, find out ineach of the following questions the appropriate step forthe given input.

8. Step III of an Input bond 86 goal 12 23 like high 46Which of the following will be Step VII?a. bond 86 goal 46 like 12 33 high

b. bond 86 boal 46 high like 33 12

c. bond 86 goal 46 high 33 like 12

d. There will be no such step.

e. None of the above

9. Input war 52 and peace 43 16 now 24How many steps will be required to complete therearrangement?a. Four b. Five c. Six

d. Seven e. None of these

10. Hiten correctly remembers that her mother’s birthday is notafter 18th of April. His sister correctly remembers that theirmother’s birthday is before 20th but after 17th of April. Onwhich day is April was definitely their mother’s birthday?a. 17th b. 19th c. 18th

d. 17th or 18th e. None of these

113

Practice Dossier

40 BOOSTERS Reasoning Ability

Directions (Q. Nos. 11-15) In the following questions,the symbol δ, *, %, @ and are used with the followingmeaning as illustrated below :

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

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

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

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

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

Now in each of the following questions, assuming thegiven statements to be true, find which of the threeconclusions I, II and III given below them is/aredefinitely true and give your answer accordingly.

11. Statements A B, B δ C, C * DConclusions I. D δ B II. C @ A III. C % Aa. None is true b. Only I is true

c. Only II is true d. Only either I or III is true

e. Only III is true

12. Statements E δ F, F G, G @ HConclusions I. G @ E II. H δ F III. H δ Ea. Only III is true b. Only I is true

c. Only II is true d. Only I and II are true

e. None is true

13. Statements I J, J δ K, K % LConclusions I. L @ J II. K @ I III. I δ La. Only I and II are true b. Only either II or III is true

c. Only II and III are true d. Only I and III are true

e. All I, II and III are true

14. Statements H * W, W @ N, N % RConclusions I. R δ W II. N δ W III. H @ Ra. Only I and II are true b. Only II and III are true

c. Only I and III are true d. All I, II and III are true

e. None of these

15. Statements R % S, S * T, T δ UConclusions I. T % R II. T δ R III. U @ Ra. Only I is true b. Only III is true

c. Only II is true d. Only either I or II is true

e. None of these

Directions (Q.Nos. 16-20) Study the followinginformation to answer the given questions.

Ten people are sitting in two parallel rows containingfive people each in such a way that there is an equaldistance between adjacent persons. In row-1 E, F, G, Hand I are seated and all of them are facing South. Inrow-2 L, M, N, O and P are seated and all of them arefacing North. Therefore, in the given seatingarrangement each member seated in a row faces another member of all other row. O sits third to the left of L. Efaces immediate neighbour of O. G sits second to theright of E. Only one person sits between F and H. M and P are immediate neighbours of each other. P does notface E and F.

16. How many persons are seated between F and I?a. None b. One c. Two

d. Three e. Cannot be determined

17. Four of the following five are alike in a certain way andthus form a group. Which is the one that does not belong to that group?a. G b. H c. N d. I e. L

18. Who amongst the following represent the people sittingexactly in the middle of the rows?a. E, P b. H, O c. H, L d. L, G e. E, M

19. Which of the following is true regarding M?a. L and N are immediate neighbours of M.

b. M sits at one of the extreme ends of the line.

c. F faces M.

d. I is an immediate neighbour of the person facing M.

e. O sits to the immediate left of M.

20. Four of the following five are alike in a certain way andthus form a group. Which is the one that does not belong to that group?a. I-P b. F-N c. H-M d. G-L e. E-O

Directions (Q.Nos. 21-25) In each of the questionsbelow are given four statements followed by threeconclusions numbered I, II and III. You have to take thegiven statements to be true even if they seem to be atvariance with commonly known facts. Read all theconclusions and then decide which of the givenconclusion logically follows from the given statementsdisregarding commonly known facts.

21. State ments Some tyres are ropes.Some ropes are tents.Some tents are walls.Some walls are buildings.

Con clu sions I. Some buildings are ropes.II. Some walls are ropes.

III. Some tents are tyres.a. None follows b. Only I follows c. Only II follows

d. Only III follows e. Only I and II follow

22. State ments Some beads are rings.Some rings are bangles.All bangles are clothes.All clothes are boxes.

Con clu sions I. Some boxes are bangles.II. Some clothes are rings.

III. Some bangles are beads.a. None follows b. Only I and II follow

c. Only I follows d. Only II follows

e. Only III follows

23. State ments All chairs are fires.Some fires are winds.All winds are nets.Some nets are clocks.

Con clu sions I. Some clocks are winds.II. Some nets are fires.

III. Some winds are chairs.a. Only III follows b. Only II follows c. Only I follows

d. Only I and II follow e. None follows

114

115

24. State ments All stores are rooms.All rooms are homes.Some homes are circles.Some circles are triangles.

Conslusions I. Some triangles are rooms.II. Some homes are stores.

III. Some circles are stores.a. Only I and II follow b. Only III follows

c. None follows d. Only II follows

e. Only I follows

25. State ments All rub bers are cop ies.No copy is register.Some registers are books.All books are pencil.

Con clu sions I. Some pencils are copies.II. No pencil is copy.

III. Some registers are rubbers.a. Only II follows b. Only III follows

c. Only I and II follow d. Either I or II follows

e. Only I follows

Directions (Q.Nos. 26-30) Study the followinginformation carefully and answer the givenquestions.

Seven people P, Q, R, S, T, V and W are havingdifferent hobbies, viz., Travelling, Reading, Dancing,Painting, Swimming, Singing and Pottery making,but not necessarily in the same order. Each of thembelong to different state, viz., Punjab, Odisha, Kerala, Rajasthan, Maharashtra, Gujarat and Karnataka,but not necessarily in the same order. P belongs toMaharashtra. S likes pottery making. The personwho likes swimming is from the State of Odisha. Theperson who likes dancing is from the State ofGujarat. V does not belong to Gujarat, Odisha,Punjab or Rajasthan. V does not like singing, reading or painting. Q does not belong to Kerala, Odisha,Punjab or Rajasthan. Q does not like painting,travelling, reading or singing. R does not likeswimming and he is not from Rajasthan or Punjab.Neither S nor W belongs to Punjab. P does not likereading. The person from Kerala likes singing.

26. Who among the following likes singing?a. P b. R c. Td. W e. Cannot be determined

27. Which one of the following combinations is trueaccording to the given information?a. P–Travelling–Maharashtra

b. R–Dancing–Gujarat

c. T–Reading–Karnataka

d. S–Pottery making–Rajasthan

e. None of the above

28. Who among the following belongs to the State ofKarnataka?a. Q b. S c. Vd. T e. Can’t be determined

29. Which of the following combinations is true about W?a. Swimming — Odisha

b. Pottery making — Karnataka

c. Dancing — Gujarat

d. Singing — Kerala

e. Travelling — Karnataka

30. The person who belongs to Punjab, likesa. Travelling b. Swimming c. Painting

d. Pottery making e. Reading

31. In a certain code ARCHIVE is written as DSBGFWJ. How isSYSTEMS written in that code?a. TZTSTNF b. TZTUTNF c. TZTSFNT

d. RXRSTNF e. None of these

32. Point A is 10 m North of point B. Point C is exactly in themiddle of the point A and B. Point D is 7 m East of point B.Point E is 7 m East of point C. Point F is 6 m North of pointE. What is the distance between points F and D?a. 13 m b. 16 m c. 11 m

d. 12 m e. None of these

33. P is the father of Q. P has only two children. Q is the brother of R. R is daughter of T. U is the granddaughter of T. S is thefather of U. How is S related to Q?a. Son b. Son-in-law c. Brother

d. Brother-in-law e. None of these

Directions (Q.Nos. 34-38) Each of the questions belowconsists of a question and two statements numbered I andII given below it. You have to decide whether the dataprovided in the statements are sufficient to answer thequestions. Read both the statements and

Give answer

a. if the data in statement I alone are sufficient to answer thequestion, while the data in statement II alone are not sufficientto answer the question.

b. if the data in statement II alone are sufficient to answer thequestion, while the data in statement I alone are not sufficientto answer the question.

c. if the data either in statement I alone or in statement II aloneare sufficient to answer the question.

d. if the data given in both the statements I and II together arenot sufficient to answer the question.

e. if the data in both the statements I and II together arenecessary to answer the question.

34. How is ‘sure’ written in a code language?I. ‘he is sure’ is written as ‘ja ha ma’ in that code language.

II. ‘is she sure’ is written as ‘pa ja ma’ in that code language.

35. Among P, Q, R, S and T each having different age, who is the youngest among them?

I. Q is younger than only P.II. S is older than R.

36. On which day of the week did Sagar visit Delhi?I. Sagar visited Delhi after Monday but before Thursday

but not on an odd day of the week.II. Sagar visited Delhi before Friday but after Monday.

116

37. What is J’s position from the left end in a row?I. S is tenth from the left end of the row.

II. There are sixteenth children between S and J.

38. Town N is towards which direction of town T?I. Town T is towards South of town P, which is towards

West of town N.II. Town R is towards South of town V and towards East of

town T.

Directions (Q.Nos. 39-40) In each questions below isgiven a statement followed by two assumptions numbered Iand II. An assumption is something supposed or taken forgranted. You have to consider the statement and thefollowing assumptions and decide which of the assumptionsis implicit in the statement.

Give answer

a. if only assumption I is implicit.

b. if only assumption II is implicit.

c. if either assumption I or II is implicit.

d. if neither assumption I nor II is implicit.

e. if both assumptions I and II are implicit.

39. Statement The largest domestic airlines corporation has announced new summer schedules in whichmore number of flights in trunk routes areintroduced.Assumptions

I. More number of passengers may travel by thisairlines corporation during summer months intrunk routes.

II. Other airlines companies may also increases thenumber of flights in all the sectors.

40. Statement The Chairman of the company decidedto hold a grand function to celebrate silver jublieeduring the next weekend and invited a large numberof guests.Assumptions

I. The company officials may be able to make allthe necessary preparations for the silver jublieecelebration.

II. Majority of the guests invited by the chairmanmay attend the function.

Solutions (Q.Nos. 1-5) According to thegiven information,

Here, S is husband of L. N is husbandof O. P is husband of M.

1. (e) L sits in the centre of one of thesides of the square table.

2. (c) P is husband of M.

3. (c) Two persons—Q and R sits between M and N when counted inanti-clockwise direction from M.

4. (a) O is wife of N.

5. (e) P is second to the right of N.

So lu tions (Q.Nos. 6-7) Ac cord ing to thegiven in for ma tion,

6. (e) Here, right → ma

answer → fa

and code for absolutely is unable tofind.

Hence, code for given statement cannot be determined.

7. (b) Here, code for ‘from’ is ‘ba’.

8. (c) Step III bond 86 goal 12 33 like

high 46

Step IV bond 86 goal 46 12 33 like high

Step V bond 86 goal 46 high 12 33 like

Step VI bond 86 goal 46 high 33 12 like

Step VII bond 86 goal 46 high 33 like 12

9. (c) Input war 52 and peace 43 16 now 24

Step I and war 52 peace 43 16 now 24

Step II and 52 war peace 43 16 now 24

Step III and 52 now war peace 43 16 24

Step IV and 52 now 43 war peace 16 24

Step V and 52 now 43 peace war 16 24

Step VI and 52 now 43 peace 24 war 16

10. (c) Ac cord ing to Hiten

18 April or earlier …(i)

According to her sister

18 April or 19 April …(ii)

From Eqs. (i) and (ii), we get

April 18 (common).

Hence, their mother birthday on 18thApril.

Solutions (Q.Nos. 11-15) According to thegiven information.

Here, P * Q ⇒ P ≤ Q

P @ Q ⇒ P < Q

P Q ⇒ P ≥ Q

P % Q ⇒ P = Q

P δ Q ⇒ P > Q

11. (c) Statements A B ⇒ A ≥ B

B δ C ⇒ B > C

C * D ⇒ C ≤ D

Therefore, A ≥ B > C ≤ D

Conclusions

I. D δ B ⇒ D > B (False)

II. C @ A ⇒ C < A (True)

III. C % A ⇒ C = A (False)

So, only II is true.

12. (b) Statements E δ F ⇒ E > F

F G ⇒ F ≥ G

G @ H ⇒ G < H

Therefore, E > F ≥ G < H

Conclusions

I. G @ E ⇒ G < E (True)

II. H δ F ⇒ H > F (False)

III. H δ E ⇒ H > E (False)

So, only I is true.

13. (e) Statements I J ⇒ I ≥ J

J δ K ⇒ J > K

K % L ⇒ K = L

Therefore, I ≥ J > K = L

Conclusions

I. L @ J ⇒ L < J (True)

II. K @ I ⇒ K < I (True)

III. I δ L ⇒ I > L (True)

So, I, II and III are true.

14. (d) Statements H * W ⇒ H ≤ W

W @ N ⇒ W < N

N % R ⇒ N = R

Therefore, H ≤ W < N = R

Conclusions

I. R δ W ⇒ R > W (True)

II. N δ W ⇒ N > W (True)

III. H @ R ⇒ H < R (True)

So, all I, II and III are true.

Hints Solutions&

(Female)M

L(Female)

P(Male)

N(Male)

(Female)Q

(Female)O

S (Male)(Male) R

answer it right la ma fa

where is it ho la ko

right from here sa ba ma

here she is ho sa do

117

15. (d) Statements R % S ⇒ R = S

S * T ⇒ S ≤ T

T δ U ⇒ T > U

Therefore, R = S ≤ T > U

Conclusions

I. T % R ⇒ T = R (True)

II. T δ R ⇒ T > R (True)

III. U @ R ⇒ U < R (False)

So, either I or II is true.

So lu tions (Q.Nos. 16-20) According to the given in for ma tion,

16. (c) Two per sons E and H are seatedbe tween F and I.

17. (b) Ex cept H, all oth ers are seated atthe ends.

18. (e) E and M are sit ting ex actly in themid dle of rows.

19. (e) From given arrangement it is clearthat O sits to the immediate left of M.Hence, option (e) is true.

20. (d) G and L are sit ting op po sitedi ag o nally.

21. (a) By statements

Con clu sions

I. Some buildings are ropes. (7)

II. Some walls are ropes. (7)

III. Some tents are tyres. (7)

So, none follows.

22. (b) By statements

Con clu sions

I. Some boxes are bangles. (3)

II. Some clothes are rings. (3)

III. Some bangles are beads. (7)

So, I and II follow.

23. (b) By statements

Con clu sions

I. Some clocks are winds. (7)

II. Some nets are fires. (3)

III. Some winds are chairs. (7)

So, only II follows.

24. (d) By statements

Con clu sions

I. Some triangles are rooms. (7)

II. Some homes are stores. (3)

III. Some circles are stores. (7)

So, only II follows.

25. (d) By statements

Con clu sions

I. Some pencils are copies. (3)

II. No pencil is copy. (3)

III. Some registers are rubbers. (7)

So, either I or II follows.

Solutions (Q.Nos. 26-30) According toinformation, the sitting arrangement is asfollows

Person Hobby State

P Painting Maharashtra

Q Dancing Gujarat

R Singing Kerala

S Pottery making Rajasthan

T Reading Punjab

V Travelling Karnataka

W Swimming Odisha

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

31. (a) Given,

Similarly,

32. (c) On the ba sis of given in for ma tion,

Here, CB ED=CB ED= = =5 5m m

So, required distance

= +FE ED

= +6 5 = 11 m

33. (d) Ac cord ing to the given in for ma tion,

l Q is son of P. R is the sister of Q.l T is the mother of Q and R.l S is the husband of R.l S is the brother-in-law of Q.

34. (d) From I, he is sure → ja ha ma

From II, is she sure → ka ja ma

Combining the two, we get

is sure → ja ma

Hence, sure ⇒ ja or ma

35. (b) From I, P is the oldest and Q second oldest.

From II, R is the youngest and S second youngest.

36. (a) From I, Sagar visited Delhi onWednesday.

From II, He visited on Tuesday,Wednesday or Thursday.

37. (e) From I and II, J’s position

= + +10 16 1

= 27th from left

38. (a) From I

Hence, N is North-East of T.

From II, We can’t move to anyconclusion because town N has notmentioned.

39. (a) Without passengers, the increasewould make no sense. Hence, I isimplicit. II may be a probable reason but not a necessary one for the increase.

40. (e) I is implicit, you don’t hold a functionwithout being ready for preparations. II is also positive; when you invite someone,you assume that he will come.

A R C H I V E

C R A H E V I

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D S B G F W J

S Y S T E M S

S Y S T S M E

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T Z T S T N F

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B

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7 m

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Chair Fire Wind Net Clock

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Rubber Copy Register Book Pencil

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Row 2

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1. A Cyclic Redundancy Check (CRC) is an error-detectingcode commonly used in digital networks and storagedevices to detect accidental changes to raw data. Whichof the following stores the calculation value of CRC? a. LLC b. MAC c. FCS d. EDI e. DAT

2. Which of the following has the ability to combine anumber of independently compiled program segmentsinto a single executable program?a. Boot loader b. Linking loader c. Compiler

d. Interpreter e. Assembler

3. What is full form of SQL?a. Shortcut Query Language

b. Structured Query Language

c. Simple Query Language

d. Sorted Query Language

e. Sequential Query Language

4. A personal computer's microprocessor uses which of thefollowing program to get the computer system startedafter you turn it on?a. BIOS b. VAIO c. I/Od. AVG e. VMware

5. The program that is used by search engines to search the Internet for documents using their web addresses, isa. Bing b. MSN c. Spider

d. Google e. Yahoo

6. What is the current version of IMAP?a. IMAP version 2 b. IMAP version 3

c. IMAP version 4 d. IMAP version 5

e. IMAP version 6

7. ………… is a program that appears or pretends to be agenuine application, but actually causes damage to theexecutable files on the computer.a. Trojan horse b. Adware c. Spyware

d. Worm e. Viruses

8. Which type of device is used by banking websites toenter the password and prevent keystroke legging? a. Scanner b. Reader c. Virtual keyboard

d. Light Pen e. Joystick

9. Which of the following is a storage device that uses rigid, permanently installed magnetic disks to storedata/information?

a. Compact disk b. Hard disk c. Permanent disk

d. Optical disk e. Pen drive

10. Pathways that support communication among thevarious electronic components on the computer systemboard are calleda. Wire Lines b. Bus Lines c. Logic Paths

d. Gateways e. Network Lines

11. Which of the following features is used to count thenumber of pages, words, characters, paragraphs andlines in a Word document? a. Orientation b. Page Count c. Word Count

d. Margin e. Page Size

12. A loopback address is a type of IP address that is used totest the communication or transportation medium on alocal network card and/or for testing network applications.Which of the following is a valid loopback address? a. 125.0.0.0 b. 255.0.0.0 c. 255.0.0.1

d. 192.0.0.1 e. 127.0.0.1

13. In PowerPoint, ………… view displays all slides of thepresentation as a thumbnail and is helpful forrepositioning slides? a. Slide Design b. Slide Sorter c. Slide Show

d. Slide Master e. Slide Template

14. Which among the following is the process of fetching orfinding data, relationships, and anomalies from a bigcollection of data or various databases?a. Fetching b. Warehousing c. Finding

d. Mining e. Indexing

15. In a sentence, if you wish to place your cursor to theright of a word and delete the next word then whichamong the following is the appropriate shortcut keycombination for this task?a. Ctrl + Alt + Delete b. Ctrl + Delete

c. Ctrl + Shift + Delete d. Alt + Delete

e. Shift + Alt + Delete

16. Which among the following operation facilitate theoperating system to allow more than one process to beloaded into the executable memory at a time and loadedprocess shares the CPU using time multiplexing?a. Process Scheduling b. Device Queues

c. Execution d. IPO Cycle

e. Multiplexing

123

Practice Dossier

40 BOOSTERS Computer Knowledge


17. Which among the following is an appropriate binaryconversion for the number 013 (which is of base 16)?a. 101010 b. 11011 c. 1011 d. 1110 e. 0001

18. Which of the following should come under Leyacy systems?a. Bit Coins b. Block Chain

c. Crypto Currency d. Artificial Intelligence

e. Stand-alone Computers

19. A computer port is a specialized outlet on a piece ofequipment to which a plug or cable connects, which ofthe following port is used to connect video sources toTVs and monitors?a. 3.5mm Jack b. VGA c. USB

d. PS/2 e. Ethernet

20. A ………… is a component of motherboard which absorbsthe heat produced by the processor and othercomponents of a computer. a. Heat sink b. Northbridge c. CPU socket

d. CMOS battery e. Southbridge

21. Software technology is different from minicomputer ina. Mainframe b. Workstation c. Microcomputer

d. Server e. Microprocessor

22. Which type of operating system facilitates execution ofmultiple jobs by CPU in the same time virtually by instant switching and enabling many people, located at variousterminals, to use a particular computer system at thesame time?a. Real Time b. Batch Processing

c. Time Sharing d. Distributed

e. Network

23. An input device that utilises a light-sensitive detector toselect objects on a display screen is known as ………… .a. Optical scanner b. Touch screen c. Mouse

d. Light pen e. Keyboard

24. A Bug can be called an error which generally comes in asoftware or a hardware. Which among the following isanother name that may refer to bugs in computers? a. Leech b. Squid c. Slug d. Glitch e. Skim

25. The barcode which is used on all types of items, is readby a scanning device directly into the computer. What isthe name of this scanning device? a. Laser Scanner b. Wand c. OCR

d. MICR e. Dot Matrix

26. A mobile operating system is an operating system that isspecifically designed to run on mobile devices, such asmobile phones, smartphones, PDAs, tablet computersand other handheld devices. Which among the followingis not a mobile Operating System?a. Bada b. Safari c. Symbian

d. Android e. WebOS

27. Which protocol is applied on transport layer in an OSImodel widely used in video conferencing and real-timecomputer games while eliminating latency issues?

a. TCP b. IP c. UDP

d. RARP e. FTP

28. A/(n) ………… is an object embedded in a web page ore-mail, which unobtrusively (usually invisibly) allowschecking that a user has accessed the content.a. e-mail b. virus c. web beacon

d. spam e. firewall

29. If you wish to see a particular area of a worksheet visible or multiple rows and columns while you scroll to anotherarea of the worksheet, which among the following should you use?a. Freeze Panes b. Freeze Columns

c. Freeze Rows d. Freeze Worksheet

e. Freeze Function

30. Software that gathers confidential information of aperson without his or her permission and sends thatinformation to another person is calleda. antivirus b. spyware c. spam

d. Trojan horse e. adware

31. Instructions that are required to start a computerreferred to as bootstrap. Where is the bootstrap loaderin the CPU?a. SRAM b. DRAM c. ROM

d. Hard disk e. Cache memory

32. Which of the following is a non-volatile memory chipused for storage and for transferring data between apersonal computer (PC) and digital devices?a. Flash memory b. RAM c. Cache memory

d. Registers e. ROM

33. KPO is the allocation of relatively high-level tasks to anoutside organisation or a different group (possibly in adifferent geographic location) within the sameorganisation. What is the full form of KPO?a. Knowledge Procedure Organisation

b. know Process Outcomes

c. Know Processing Outcomes

d. Knowledge Process Outcomes

e. Knowledge Process Outsourcing

34. Which among the following is not an Object OrientedProgramming Language?a. Python b. PASCAL c. Java d. C++ e. Ruby

35. …………… is the latest trend of digitizing mainly byproviding a 'sense' to objects so that they can react andconnect to a network to collect and exchange data.a. IOT b. Artificial Intelligence

c. Augmented Reality d. Automation

e. Big Data

36. Electronic mail, or e-mail, is a method of exchangingdigital messages between people using digital devices,such as computers, mobile phones and other electronics. Who among the following sent the first electronic mail?a. Charles Babbage b. J.Presper Eckert

c. John W. Mauchly d. Ana Lovelace

e. Ray Tomlinson

124


37. Data mining evolves as a mechanism to cater thelimitation of ………… systems to deal massive data setswith high dimensionality, new data type, multipleheterogeneous data resource etc.a. OLTP b. OLAP c. DSS

d. DWH e. DB

38. ……… is an electronic way of transferring businessdocuments in an organisation internally between itsvarious departments or externally with suppliers,customers or any subsidiaries etc.a. NEFT b. EFT c. ACH d. EDI e. RTGS

39. IPv6 is often referred to as the next generation Internetstandard and has been under development now sincethe mid-1990s. The size of IP address in IPv6 is?a. 4 bytes b. 128 bits c. 8 bytes d. 100 bits e. 64 bits

40. Two remote application processes can communicatemainly in different fashions. Which of the followingprocesses involves communication at the same levelwhile exchanging data using some shared resource?a. Peer-to-peer b. Client-server

c. Wireless application access d. Server-to-client

e. Client-to-client

125

1. (c) CRC stands for Cyclic Redundancy Check. Frame CheckSequence stores the calculation value of CRC that is used forerror detection.

2. (b) A loader which combines the functions of a relocating loader with the ability to combine a number of program segments thathave been independently compiled into an executable program.

3. (b) 4. (a)

5. (c) Spider is an important element of a search engine thatbrowses the Internet in a systematic manner.

6. (c) IMAP is an application layer protocol that allows an e-mailclient to access an e-mail on a remote mail server. The currentversion, IMAP version 4, is defined by RFC 3501.

7. (a)

8. (c) A virtual keyboard is used for entering characters in acomputer like a regular keyboard. However, unlike a regularkeyboard, it is a software component.

9. (b)

10. (b) A system bus comprises of cables and connectors thatcarries data between main memory of a computer andmicroprocessor.

11. (c) The Word Count command displays the total number ofpage, words and lines in a document.

12. (e) Loopback address is a special IP address that is 127.0.0.1used for testing the connection on the same machine.

13. (b) The Slide Sorter view is a powerful feature of PowerPointwhich displays all of slides of a presentation on a single screenin the form of thumbnails. In this view, you can change thesequence of the slides.

14. (d) Data mining is the analysis of data for relationships that have not previously been discovered. Data mining is the process offinding anomalies, patterns and correlations within large datasets to predict outcomes.

15. (b) Ctrl+Delete is used to delete the next word.

16. (a) The Process Scheduling is the activity of the processmanager that handles the removal of the running process fromthe CPU and the selection of another process on the basis of aparticular strategy. Process scheduling is an essential part ofMultiprogramming operating systems.

17. (c) (013)8 -> ( )2

18. (e) A desktop or laptop computer that is used on its own without requiring a connection to a Local Area Network (LAN) or WideArea Network (WAN). Although it may be connected to anetwork, it is still a stand-alone PC as long as the networkconnection is not mandatory for its general use.

19. (b)

20. (a) A heat sink is a component of a motherboard which absorbs the heat produced by the processor and other components of a computer.

21. (a)

22. (c) Time-sharing is a technique which enables many people,located at various terminals, to use a particular computersystem at the same time. Time-sharing or multitasking is alogical extension of multiprogramming.

23. (d) A light pen is a pointing device that uses a photoelectric(light-sensitive) cell to indicate a position on the display screen.

24. (d) 25. (a)

26. (b) Safari is a web browser.

27. (c) UDP is an ideal protocol for network applications in whichperceived latency is critical, such as gaming, voice and videocommunications, which can suffer some data loss withoutadversely affecting perceived quality.

28. (c) Common uses of web beacon are e-mail tracking and pagetagging for web analytics. Its alternative names are web bug,tracking bug, tag, or page tag.

29. (a) When you freeze panes, Microsoft Excel keeps specific rows or columns visible when you scroll in the worksheet.

30. (b)

31. (c) The BIOS is a type of firmware used to perform hardwareinitialization during the booting process (power-on startup) onIBM PC compatible computers, and to provide runtime servicesfor operating systems and programs.

32. (a) Flash memory has the ability to be electronicallyreprogrammed and erased. It is often found in USB flash drives, MP3 players, digital cameras and solid-state drives. It is a typeof (EEPROM), but may also be a standalone memory storagedevice such as a USB drives.

33. (e) 34. (b)

35. (a) The Internet of Things (IOT) is the internetworking of physical devices, vehicles (also referred to as connected devices andsmart devices), buildings, and other items embedded withelectronics, software, sensors, actuators.

36. (e) 37. (d)

38. (d) EDI stands for Electronic Data Interchange. It's advantagesare reduction in data entry errors, reduction in paperwork, costeffective, standard means of communication.

39. (b) IPv6 will improve multicast routing, efficient routing, quality of service, built in authentication and privacy support.

40. (a)

Answers Explanations&


What is Online Banking ?Online banking refers to any banking transaction that canbe conducted over the internet, generally through a bank’swebsite under a private profile, and with a desktop orlaptop computer. These transactions include servicestraditionally offered at local branches without having to goto one. Online banking is generally defined as having thefollowing characteristics l Financial transactions are conducted over the internet

through a bank’s secure website.l The bank may have physical branch locations or it may

exist only online.l The user must register with the financial institution online

and create a login ID and password.

Customers can perform financial transactions while banking online, like paying bills or transferring money from oneaccount to another. Other basic activities include: Viewingaccount balances at any time of day , Viewing or printingstatements, Viewing images of checks and Applying forloans or credit cards. In essence, a customer can doalmost any activity online that he or she would be able to do in person when visiting a branch.

Explain breifly about 'Mid And Small Cap Funds'?Mutual funds which diversify investments in between midand small cap companies are termed as Mid and SmallCap Funds. The proportion of investments between midcap and small cap may vary from fund to fund. These fundsinvest in a mix of midcap and small cap stocks. Due to their exposure in high beta stocks, they are positioned on a highrisk return trade-off plane compared to a large cap fund.

What is Offer for Sale (OfS)?It is a simpler method of share sale through the exchangeplatform for listed companies. The mechanism was firstintroduced by India's securities market regulator SEBI, in2012, to make it easier for promoters of publicly-tradedcompanies to cut their holdings and comply with theminimum public shareholding norms by June 2013. Themethod was largely adopted by listed companies, bothstate-run and private, to adhere to the Sebi order. Later, the government started using this route to divest itsshareholding in public sector enterprises.

What do you understand by StockMarket?It is a place where shares of pubic listed companies aretraded. The primary market is where companies floatshares to the general public in an Initial Public Offering(IPO) to raise capital. Once new securities have been soldin the primary market, they are traded in the secondarymarket, where one investor buys shares from anotherinvestor at the prevailing market price or at whatever priceboth the buyer and seller agree upon. The secondarymarket or the stock exchanges are regulated by theregulatory authority. In India, the secondary and primarymarkets are governed by the Security and Exchange Boardof India (SEBI).

What are the documents to be given as‘Proof of Identity’ and ‘Proof of Address’?The government of India has notified six documents as‘Officially Valid Documents (OVDs) for the purpose ofproducing proof of identity. These six documents arePassport, Driving Licence, Voters’ Identity Card, PAN Card,Aadhaar Card issued by UIDAI and NREGA Card. You need to submit any one of these documents as proof of identity.If these documents also contain your address details, thenit would be accepted as ‘Proof of Address’. If the document submitted by you for proof of identity does not containaddress details, then you will have to submit anotherofficially valid document which contains address details.

Explain the term ‘Hard Currency’?Hard Currency, also referred to as strong currency, isusually the currency of a strong geo-political nation. Thecurrency of such a nation is expected to remain stable overthe period of time. These currencies are traded throughoutthe world and have a stable purchasing power. Most of theinternational deals and contracts are signed in terms ofsuch currencies as their value doesn't fluctuate much overtime. Historically, US dollar, Euro and Swiss Franc aresome of the currencies which are considered strong.Political stability, fiscal outlook, policy of central bank playsan important in determining how well a particular currencyperforms and pegs against other currencies.

High liquidity and free convertibility of the hard currencymakes it an attractive option for investors as well as traders. Investors, generally, prefer to invest in such currenciesespecially during tough times. Such investments providestable returns, which may not necessarily be high but areless risky.

Are there specialised bank branches forlending to the Micro, Small and MediumEnterprises (MSMEs)?Public Sector Banks (PSBs) have been advised to open atleast one specialised branch in each district. The bankshave been permitted to categorise their MSME generalbanking branches having 60% or more of their advances toMSME sector, as specialised MSME branches for providing better service to this sector as a whole. As per the policypackage announced by the government of India forstepping up credit to MSME sector, the PSBs will ensurespecialised MSME branches in identified clusters/centreswith preponderance of small enterprises to enable theentrepreneurs to have easy access to the bank credit andto equip bank personnel to develop requisite expertise.Though their core competence will be utilised for extendingfinance and other services to MSME sector, they will haveoperational flexibility to extend finance/render other services to other sectors/borrowers.

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ECONOMY & BANKING

Q&A

Knowledge Plus

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