KRISHNA MOHAN

Monday, 10 July 2017

New Pattern English

Directions (1-4): Each of the following questions has a sentence with two blanks. Given below each option are five pairs of words. Choose the pair that best completes the sentence.

Q1. The genocide in Bosnia and Rwanda apart from being misdescribed in the most sinister and …………… manner as ‘ethnic cleansing’ were also blamed, in further hand-washing rhetoric, on something dark and interior to …………… and perpetrators alike.

(a) Innovative; communicator

(b) Enchanting; leaders

(d) Exigent; exploiters

(e) Tragic; sufferers

Q2. As navigators, calendar markers, and other …………… of the night sky accumulated evidence to the contrary, ancient astronomers were forced to …………… that certain bodies might move in circles about points, which in turn moved in circles about the Earth.

(a) Scrutinisers; believe

(b) Observers; agree

(d) Observers; concede

(e) Students; conclude

Q3. Every human being, after the first few days of his life, is a product of two factors: on the one hand, there is his …………… endowment; and on the other hand, there is the effect of environment, including ……………

(a) Constitutional; weather

(b) Congenital; education

(d) Economic; learning

(e) Genetic; pedagogy

Q4. Exhaustion of natural resources, destruction of individual initiative by governments, control over men’s mind by central …………… of the education and propaganda are some of the major evils which appear to be on the increase as a result of the impact of science upon minds suited by …………… to an earlier kind of world.

(a) Tenets; fixation

(b) Aspects; inhibitions

(d) Organs; tradition

(e) Departments; repulsion

Directions (5-8): In each of the questions, a word has been used in sentences in five different ways. Choose the option corresponding to the sentence in which the usage of the word is incorrect or inappropriate.

Q5. Run

(a) I must run fast to catch up with him.

(b) Our team scored a goal against the run of play.

(d) The newly released book is enjoying a popular run.

(e) This film is a run-of-the-mill production.

Q6. Round

(a) The police fired a round of tear gas shells.

(b) The shop is located round the corner.

(d) The doctor is on a hospital round.

(e) I shall proceed further only after you come round to admitting it.

Q7. Buckle

(a) After the long hike our knees were beginning to buckle.

(b) The horse suddenly broke into a buckle.

(d) Sometimes, an earthquake can make a bridge buckle.

(e) People should learn to buckle up as soon as they get into a car.

Q8. File

(a) You will find the paper in the file under C.

(b) I need to file an insurance claim.

(d) File your nails before you apply nail polish.

(e) When the parade was on, a soldier broke the file.

Directions (9-12): In each question, there are five sentences. Each has a pair of words that are italicised and highlighted. From the italicised and highlighted words, select the most appropriate word (A or B) to form correct sentences. The sentences are followed by options that indicate the words, which may be selected to correctly complete the set of sentences. From the options given, choose the most appropriate one.

Q9. Anita bore a beautiful broach (A) / brooch (B) on the lapel of her jacket.

If you want to complain about the amenities in your neighbourhood, please meet your councilors (A) / counsellors (B).

I would like your advice (A) / advise (B) on which job I should choose.

The last scene provided a climactic (A) / climatic (B) ending to the film.

Jeans that flair (A) / flare (B) at the bottom are in fashion these days.

(a) BABAA

(b) BABAB

(d) ABABA

(e) BAABA

Q10. The cake had lots of currents (A) / currants (B) and nuts in it.

If you engage in such exceptional (A) / exceptionable (B) behaviour, I will be forced to punish you.

He has the same capacity as an adult to consent (A) / assent (B) to surgical treatment.

The minister is obliged (A) / compelled (B) to report regularly to a parliament board.

His analysis of the situation is far too sanguine (A) / genuine (B).

(a) BBABA

(b) BBAAA

(d) ABBAB

(e) BABAB

Q11. She managed to bite back the ironic (A) / caustic (B) retort on the tip of her tongue.

He gave an impassioned and valid (A) / cogent (B) plea for judicial reform.

I am not adverse (A) / averse (B) to helping out.

The coupe (A) / coup (B) broke away as the train climbed the hill.

They heard the bells peeling (A) / pealing (B) far and wide.

(a) BBABA

(b) BBBAB

(d) ABBAA

(e) BBBBA

Q12. We were not successful in defusing (A) / diffusing (B) the guru’s idea.

The students baited (A) / bated (B) the instructor with irrelevant questions.

The hoard (A) / horde (B) rushed into the campus.

The prisoner’s interment (A) / internment (B) came to an end with his early release.

The hockey team could not deal with his unsociable (A) / unsocial (B) tendencies.

(a) BABBA

(b) BBABB

(d) ABBAB

(e) AABBA

Directions (13-15): In each of the following questions there are sentences that form a paragraph. Identify the sentence(s) or part(s) of sentence(s) that is/are correct in terms of grammar and usage (including spelling, punctuation and logical consistency). Then, choose the most appropriate option.

Q13. A. In 1849, a poor Bavarian imigrant named Levi Strauss

B. landed in San Francisco, California,

C. at the invitation of his brother-in-law David Stern

D. owner of dry goods business.

E. This dry goods business would later became known as Levi Strauss and Company.

(a) B only

(b) B and C

(d) A only

(e) A, B and D

Q14. A. In response to the allegations and condemnation pouring in,

B. Nike implemented comprehensive changes in their labour policy.

C. Perhaps sensing the rising tide of global labour concerns,

D. from the public would become a prominent media issue,

E. Nike sought to be a industry leader in employee relations.

(a) D and E

(b) D only

(d) A and D

(e) B, C and E

Q15. A. Charges and countercharges mean nothing

B. to the few million who have lost their home.

C. The nightmare is far from over, for the government

D. is still unable to reach hundreds who are marooned.

E. The death count have just begun.

(a) A only

(b) C only

(d) A, C and D

(e) D only

Solutions

S1. Ans.(c)

Sol. The author is disapproving of the manner in which the genocide has been described as ‘ethnic cleansing’. Hence, options (a), (b) and (d) can be neglected. Between tragic and disingenuous the latter is the better word. Hence, option (c) is correct – something that is confirmed by the second word, ‘victims’.

S2. Ans.(d)

Sol. All the options given for First blank are suitable, but second part of the sentence shows that astronomers were forced to accept something opposite of their views because of contrary evidence. So the word ‘concede’ qualifies for the second blank. Hence, option (d) is the correct answer.

S3. Ans.(b)

Sol. The phrase ‘on the one hand’ shows that both factors are contrasting. The word in the first blank has to be related with the time of birth so only congenital and genetic fit there. The 2^nd blank on the other hand has to show the effect of environment – between pedagogy and education obviously, education is the better word. Hence, option (b) is the correct answer.

S4. Ans.(d)

Sol. Organ fits the first blank best because departments, tenets Institutions cannot control men’s minds. Consequently, tradition fits the second blank too. Hence, option (d) is the correct answer.

S5. Ans.(c)

Sol. ‘Run over him’ is the wrong usage. Hence, option (c) is the correct answer.

S6. Ans.(e)

Sol. “You come around to admit something” – ‘come round’ is incorrect usage. Hence, option (e) is the correct answer.

S7. Ans.(b)

Sol. Horses do not break into buckles. The usage in option (b) is incorrect. Hence, option (b) is the correct answer.

S8. Ans.(e)

Sol. Soldiers break ranks not files. Option (e) is incorrect usage. Hence, option (e) is the correct answer.

S9. Ans.(c)

Sol. In the first sentence the term ‘brooch’ means an ornament that can be fixed on the lapel of a jacket while ‘broach’ means to introduce a discussion, which does not make sense. This leaves us with options (a), (b), (c) and (e). The second statement has to be councilors as all the four feasible options give that (a councilor is a member of a municipal council and hence can be complained to about amenities). In the third sentence advice will be the correct choice as it is a noun while advise is a verb. This leaves us with only two options, viz, (c) and (e).

In the fourth sentence climactic means a climax and makes sense with respect to the ending of a film while climatic is related to weather. Hence, option (c) is the correct answer.

S10. Ans.(b)

Sol. Currants (meaning sweet dried grapes goes well with cake and nuts), exceptionable means objectionable and goes well with behaviour and punishment, while exceptional means outstanding which does not fit here.

In sentence (c), consent goes better with surgical treatment. Ministers are obliged to report and analysis can be sanguine not genuine. Hence, option (b) is the correct answer.

S11. Ans.(b)

Sol. BBBAB

Retorts are Caustic (bitter), pleas are cogent (convincing), one is not averse (against) to something and a coupe (wagon) is likely to break away from a train and bells peal (ring). Hence, option (b) is the correct answer.

S12. Ans.(a)

Sol. In the first sentence ‘diffusing’ means to spread something and goes well with the context while ‘defusing’ does not fit in. In the second sentence ‘baited’ meaning to make some one angry while bated means to hold ones breath which does not fit.

The ‘horde’ meaning a huge crowd fits in well which the third sentence.

Prisoner’s internment and unsociable tendencies fit in well with the fourth and fifth sentences. Hence, option (a) is the correct answer.

S13. Ans.(a)

Sol. A is wrong as ‘immigrant’ should have been there instead of imigrant, C is wrong because it should have said “on the invitation”. D is wrong because “owner of a dry goods business” would have been correct and E is wrong because there should have been “become” instead of “became”.

So only statement B is correct. Hence, option (a) is the correct answer.

S14. Ans.(d)

Sol. Statement A is correct, statement B should have read “in it’s labour policy”, Statement C should have read “Perhaps sensing that the rising….” and statement E should have read “sought to be an industry leader…”. There is no error in A and D. Hence, option (d) is the correct answer.

S15. Ans.(d)

Sol. Statement A, C and D have no error. Statement B should have read “lost their homes” while Statement E should have read “count has just begun”. Hence, option (d) is the correct answer.

Quantitative Aptitude

Number Series Rules with solved Problems: Part I

Dear Readers,

Since many Banking exams are in the streak and Maths section is like to be out of depth for many Aspirants.

Here we are sharing Rules pertained to Number Series which is prepared and provided by one of our Ardent Readers

Stallon. Number series form which at least 4- 5 questions use to come in the Banking Exams. We anticipate these would be viable to all of you.

Number Series Rules with solved Problems

Series is an important chapter from banking examination point of view.

Following are some of the important rules or order on which the number series can be made :-

Pure Series

Difference Series

Ratio Series

Mixed Series

Geometric Series

Two Tier Arithmetic Series

Other Types

1. Pure Series

In this type of number series, the number itself obeys certain order so that the character of the series can be found out.

The number itself may be.

Perfect Square

Example :

121, 144, 169, 225 ?

Answer - 256

Perfect Cube

Example :

6859, 5832, 4913, 4096, 3375, ?

Answer - 2744

2. Difference Series

Example :

1348, 1338, 1318, 1288, 1248, ?

Answer - 1198

3. Ratio Series

Example :

336, 168, 84, 42, 21, ?

Answer - 10.5

4. Mixed Series

Example :

222, 441, 1321, 2639, 7915, ?

Answer - 15827

5. Geometric Series

Example 1. 5, 35, 245, 1715, ?

Ans. 12005

Examples 2. 43923,3993, 363, 33, ?

Ans. 3

6. Two-tier Arithmetic Series

7. Other Type

To find the odd number from the number series. In this type of series the above rules are also followed.

Some Examples ;

2, 3, 7, 22, 89, 440, 2677, 18740

Solution : ×1+1, ×2+1, ×3+1, ×4+1, ×5+1 ........

So, 440 is replaced by 446

5, 6, 14, 40, 89, 170, 291

Solution : +12, +32, +52, +72, +92

So, 14 is replaced by 15.

445, 221, 109, 46, 25, 114, 4

Solution : -3÷2, -3÷2........

So,46 is replaced by 53.

12, 26, 56, 116, 244, 498, 1008

Solution : ×2+2, ×2+4 ×2+6, ........

So, 116 is replaced by 118

8, 27, 64, 125, 217, 343

Solution : 23, 33, 43, 53,.....

So, 217 is replaced by 216

Banking Awareness

Q1. _____________ a/an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.

(a) Insurance

(b) Banking

(d) Premium

(e) Prompt Corrective Action (PCA)

S1. Ans.(a)
Sol. Insurance is an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.

Q2. In which among the following year the Life Insurance sector and Life Insurance Corporation came into existence?

(a) 1949

(b) 1935

(d) 1962

(e) 1956

S2. Ans.(e)
Sol. An Ordinance was issued on 19th January 1956 nationalising the Life Insurance sector and Life Insurance Corporation came into existence in the same year.

Q3. IRDA was constituted as a _________ to regulate and develop the insurance industry in 1999.

(a) Regulatory body

(b) Amendment body

(d) All of the above

(e) None of the given options is true

S3. Ans.(c)
Sol. Insurance Regulatory and Development Authority (IRDA) set up as the autonomous body under the IRDA Act in 1999.

Q4. An insurance ________ is the amount of money that an individual or business must pay for an insurance policy.

(a) premium

(b) agent

(d) broker

(e) clause

S4. Ans.(a)
Sol. An insurance premium is the amount of money that an individual or business must pay for an insurance policy. The insurance premium is considered income by the insurance company once it is earned, and also represents a liability in that the insurer must provide coverage for claims being made against the policy.

Q5. In 1993, the Government set up a committee under the chairmanship of _________ former Governor of RBI, to propose recommendations for reforms in the insurance sector.

(a) Gorwala Committee

(b) RN Malhotra

(d) Rangarajan Committee

(e) None of the given options is true

S5. Ans.(b)
Sol. In 1993, the Government set up a committee under the chairmanship of RN Malhotra, former Governor of RBI, to propose recommendations for reforms in the insurance sector.The objective was to complement the reforms initiated in the financial sector.

Q6. IRDA stands for-

(a) Insurance Regulatory and Department Authority

(b) Insurance Regulatory and Development Assembly

(d) Insurance Regulatory and Development Authority

(e) Insurance Regulatory and Development Agency

S6. Ans.(d)
Sol. for IRDA stands Insurance Regulatory and Development Authority.

Q7. In which year, the IRDA was incorporated as a statutory body?

(a) April 2000

(b) April 2001

(d) April 2003

(e) April 2004

S7. Ans.(a)
Sol. Following the recommendations of the Malhotra Committee report, in 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry. The IRDA was incorporated as a statutory body in April 2000.

Q8. Name the organisation, which regulates the Indian insurance industry to protect the interests of the policyholders and work for the orderly growth of the industry.

(a) IRDA

(b) RBI

(d) NABARD

(e) LIC

S8. Ans.(a)
Sol. IRDA is regulated the Indian insurance industry to protect the interests of the policyholders and work for the orderly growth of the industry.

Q9. Frames regulations for the insurance industry in terms of Section ________ of the Insurance Act 1938 from the year 2000 has registered new insurance companies in accordance with regulations.

(a) section 124C

(b) section 194B

(d) section 127E

(e) section 118A

S9. Ans.(c)
Sol. Frames regulations for the insurance industry in terms of Section 114A of the Insurance Act 1938 From the year 2000 has registered new insurance companies in accordance with regulations. Monitors insurance sector activities for healthy development of the industry and protection of policyholders’ interests.

Q10. What is the functions and duties of IRDA?

(a) Registering and regulating insurance companies

(b) Promoting professional organisations in insurance.

(d) All of the above

(e) None of the given options is true

S10. Ans.(d)
Sol. Functions and Duties of IRDA
Section 14 of the IRDA Act, 1999 lays down the duties, powers and functions of IRDA.
1. Registering and regulating insurance companies.
2. Protecting policyholders’ interests.
3. Licensing and establishing norms for insurance intermediaries.
4. Promoting professional organisations in insurance.
5. Regulating and overseeing premium rates and terms of non-life insurance covers.
6. Specifying financial reporting norms of insurance companies.
7. Regulating investment of policyholders’ funds by insurance companies.
8. Ensuring the maintenance of solvency margin by insurance companies.
9. Ensuring insurance coverage in rural areas and of vulnerable sections of society.

Q11. ____________ is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc.

(a) Health Insurance

(b) Life Insurance

(d) Travel Insurance

(e) Group Insurance

S11. Ans.(b)
Sol. Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc. Human life is subject to risks of death and disability due to natural and accidental causes. When human life is lost or a person is disabled permanently or temporarily, there is the loss of income to the household.

Q12. ULIP is a life insurance product, which provides risk cover for the policyholder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds. What is the meaning of "I" in ULIP?

(a) Insurance

(b) Initial

(d) Instalment

(e) None of the given options is true

S12. Ans.(a)
Sol. Unit Linked Insurance Plans (ULIP) is a life insurance product, which provides risk cover for the policyholder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds. As a single integrated plan, the investment part and the protection part can be managed according to specific needs and choices.

Q13. Net asset value NAV is the value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time.

NAV stands for-

(a) Net Asset Voice

(b) Nominal Asset Value

(d) Net Agency Value

(e) Net Asset Value

S13. Ans.(e)
Sol. Net asset value (NAV) is the value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time.

Q14. In ________ insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at moderate cost.

(a) group insurance

(b) motor insurance

(d) life insurance

(e) health insurance

S14. Ans.(a)
Sol. Another kind of insurance is group insurance. In group insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at moderate cost.

Q15. ____________ a/an is the section of an insurance policy dealing with various coverages, exclusions, duties of the insured, locations covered and conditions that terminate coverage.

(a) Actuary

(b) Broker

(d) Clause

(e) None of the given options is true

S15. Ans.(d)
Sol. The clause is a section of an insurance policy dealing with various coverages, exclusions, duties of the insured, locations covered and conditions that terminate coverage.

QUIZ-10

Q1. GST Council has reduced the tax rate on fertiliser to _____ percent from previously decided 12 per cent.

(a) 10 percent

(b) 8 percent

(d) 6 percent

(e) 5 percent

S1. Ans.(e)
Sol. Just a couple of hours before the Goods and Services Tax (GST) roll out, the all-powerful GST Council has reduced the tax rate on fertiliser to 5 percent from previously decided 12 per cent. Finance Minister Arun Jaitley, who heads the GST Council comprising representatives of states, states the decision to reduce the tax rate on fertiliser was taken because of apprehensions that price of the crop nutrient may go up. The GST Council, in another move to give relief to farmers, also cut the tax rate on exclusive parts of tractors from 28 per cent to 18 per cent.

Q2. The government has lowered interest rate on small saving schemes by 0.1 percent for the July- September quarter. Sukanya Samriddhi Account Scheme will offer ________ percent annually.

(a) 8.4 percent

(b) 8.5 percent

(d) 8.3 percent

(e) 8.7 percent

S2. Ans.(d)
Sol. The government has lowered interest rate on small saving schemes by 0.1 per cent for the July- September quarter. The move will prompt banks to lower deposit rates. The rates of small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi have been lowered across the board compared to the April-June quarter. The one for girl child savings, Sukanya Samriddhi Account Scheme, will offer 8.3 percent annually, from 8.4 per cent at present.

Q3. In how many months, Kisan Vikas Patra (KVP) will mature?

(a) 112 months

(b) 114 months

(d) 117 months

(e) 113 months

S3. Ans.(c)
Sol. Since April last year, interest rates of all small saving schemes have been recalibrated on a quarterly basis. According to finance ministry notification, investments in the public provident fund (PPF) scheme will fetch lower annual rate of 7.8 percent. Kisan Vikas Patra (KVP) investments will yield 7.5 per cent and mature in 115 months.

Q4. Which among the following countries has contributed $500,000 to the UN Peacebuilding Fund, expressing hope that more funding by nations will boost efforts by the world body to build and sustain peace?

(a) France

(b) India

(d) Japan

(e) Germany

S4. Ans.(b)
Sol. India has contributed $500,000 to the UN Peacebuilding Fund, expressing hope that more funding by nations will boost efforts by the world body to build and sustain peace. India has been a member of the Peacebuilding Commission since its inception in December 2005 and has so far contributed $5 million to the Peacebuilding Fund. The fresh contribution of $500,000 to the fund will be affected over the coming days.

Q5. US President Donald Trump has nominated ___________ to be the ambassador to Peru.

(a) Krishna R Urs

(b) Vijay Keshav Gokhale

(d) Kaushik Basu

(e) None of the given options is true

S5. Ans.(a)
Sol. US President Donald Trump has nominated Krishna R. Urs to be the ambassador to Peru, the White House announced. The appointment of Urs, a career member of the Senior Foreign Service, would have to be approved by the Senate.

Q6. Where is the headquarters of the United Nations?

(a) New York

(b) Paris

(d) Washington DC

(e) Geneva

S6. Ans.(a)
Sol. New York city is the headquarters of the United Nations.

Q7. Where is the capital of Peru?

(a) Manama

(b) Lima

(d) Nairobi

(e) Juba

S7. Ans.(b)
Sol. Lima is the capital and the largest city of Peru.

Q8. Which among the following companies has entered into a technology collaboration agreement with Kawasaki Heavy Industries Ltd (KHI) for manufacturing of stainless steel coaches and bogies for metros?

(a) NTPC

(b) IOC

(d) GAIL

(e) TCS

S8. Ans.(c)
Sol. Bharat Heavy Electricals Ltd has entered into a technology collaboration agreement with Kawasaki Heavy Industries Ltd (KHI) of Japan for manufacturing of stainless steel coaches and bogies for metros. The agreement covers establishing design, engineering and manufacturing facilities at BHEL using Japanese technology. It will also entitle BHEL for all technological advances and upgrades.

Q9. Election Commission (EC) has launched the nationwide month-long special drive from 01st July 2017 for maximisation of registration of eligible electors with the focus on left out eligible young citizens in the age group of 18-19. Who is the present Chief Election Commissioner of India?

(a) Atul Sobti

(b) Ajay Tyagi

(d) Dr Nasim Zaidi

(e) SY Quraishi

S9. Ans.(d)

Sol. Election Commission (EC) has launched the nationwide month-long special drive from 01st July 2017 for maximisation of registration of eligible electors with the focus on left out eligible young citizens in the age group of 18-19. During the drive, the EC will remove names of registered dead electors, if any, from electoral rolls. Dr Nasim Zaidi is 20th Chief Election Commissioner of India.

Q10. The growth of eight core sectors slowed to ________ percent in May 2017 due to falling in the output of coal and fertilisers?

(a) 3.9 per cent

(b) 4.3 per cent

(d) 2.8 per cent

(e) 3.6 per cent

S10. Ans.(e)
Sol. The growth of eight core sectors slowed to 3.6 percent in May 2017 due to falling in output of coal and fertilisers. The growth rate of eight infrastructure sectors— coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — was 5.2 percent in May last year (2016). Coal and fertiliser productions recorded negative growth of 3.3 per cent and 6.5 per cent, respectively, as per the government data released.

Q11. Kawasaki Heavy Industries Ltd. is a multinational corporation primarily known as a manufacturer of motorcycles, heavy equipment, aerospace and defence equipment, rolling stock and ships. Kawasaki Heavy Industries Ltd. based in-

(a) China

(b) Singapore

(d) Germany

(e) Japan

S11. Ans.(e)
Sol. Kawasaki Heavy Industries Ltd. is a Japanese public multinational corporation primarily known as a manufacturer of motorcycles, heavy equipment, aerospace and defence equipment, rolling stock and ships.

Q12. The Election Commission of India was established in accordance with the Constitution on-?

(a) 25th January 1982

(b) 25th January 1947

(d) 25th January 1950

(e) 25th January 1992

S12. Ans.(d)
Sol. The Election Commission of India was established in accordance with the Constitution on 25th January 1950.

Q13. Name the Indian-American/Americans, who are among 38 immigrants to be honoured this year for their role in helping advance the country's society, culture and economy on US's Independence Day?

(a) Shantanu Narayen

(b) Vivek Murthy

(d) Shiva K Rao

(e) Both (a) and (d)

S13. Ans.(c)
Sol. Two Indian-Americans, Adobe Chief Shantanu Narayen and former US Surgeon General Vivek Murthy are among 38 immigrants to be honoured this year for their role in helping advance the country's society, culture and economy. Narayen and Murthy will be honoured with the prestigious 'Great Immigrants' annual award on US's Independence day on 04th July 2017.

Q14. The Reserve Bank stated the ongoing accelerated reform initiatives like Goods and Sevice Tax and continuing political stability will push the economic growth scale to _________ per cent in terms of Gross Value Added -GVA in the current fiscal year (2017-18).

(a) 7.4 per cent

(b) 7.3 per cent

(d) 7.6 per cent

(e) 7.7 per cent

S14. Ans.(b)
Sol. The Reserve Bank stated the ongoing accelerated reform initiatives like Goods and Sevice Tax and continuing political stability will push the economic growth scale to 7.3 per cent in terms of Gross Value Added -GVA in the current fiscal year (2017-18). The Financial Stability Report 2017 released, going forward, reforms in FDI and real estate sector, implementation of GST, and revival in external demand are likely to contribute to a better growth outlook. According to the RBI report, GVA growth is expected to be higher at 7.3 per cent in 2017-18.

Q15. Who has been assumed charge as Managing Director & CEO of Syndicate Bank?

(a) Melwyn Rego

(b) Rajkiran Rai G

(d) Rakesh Sethi

(e) R Subramaniakumar

S15. Ans.(a)
Sol. Melwyn Rego has been assumed charge as Managing Director & CEO of Syndicate Bank. Prior to joining Syndicate Bank, Rego was MD & CEO of Bank of India. He started his career with IDBI Bank Ltd in 1984 and rose to the position of Deputy Managing Director. Rego will be at the helm of the bank till the remainder of the term up to August 13, 2018, according to a finance ministry notification.

KRISHNA MOHAN

Pages

Monday, 10 July 2017

New Pattern English

Quantitative Aptitude

Number Series Rules with solved Problems: Part I

Banking Awareness

QUIZ-10

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