(Notification) Recruitment of Officers in Grade 'B'(General) at RBI - 2016

Applications (App.) are invited for the post mentioned below in Reserve Bank of India (RBI/Bank) from Indian citizens, citizens of Nepal and subjects of Bhutan, persons of Indian origin who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour Eligibility Certificates have been issued by Government of India.

Post Details:

Post Name: Officers in Grade 'B' (General)

Total No of Posts: 163

Pay Scale: Selected Candidates will draw a starting basic pay of Rs. 35,150/- p.m. in the scale of Rs. 35150-1750(9)-50900-EB-1750(2)-54400-2000(4)-62400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local allowance, House Rent Allowance, Family allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately Rs. 65,789/-.

Educational Qualifications (as on 01/07/2016):

A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th (or Diploma or equivalent) and 10th standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor's Degree will be in aggregate for all semesters / years.

Age (as on 01/07/2016):

Between 21 and 30 years (candidates must have been born not earlier than 02/07/1986 and not later than 01/07/1995). For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively

(Notification) IBPS PO (VI) - 2016

The online examination (Preliminary and Main) for the next Common Recruitment Process for selection of personnel for Probationary Officer/ Management Trainee posts in the Participating Organisations is tentatively scheduled in October / November 2016.

PARTICIPATING ORGANISATIONS

1. Allahabad Bank
2. Canara Bank
3. Indian Bank
4. Syndicate Bank
5. Andhra Bank
6. Central Bank of India
7. Indian Overseas Bank
8. UCO Bank
9. Bank of Baroda
10. Corporation Bank
11. Oriental Bank of Commerce
12. Union Bank of India
13. Bank of India
14. Dena Bank
15. Punjab National Bank
16. United Bank of India
17. Bank of Maharashtra
18. IDBI Bank
19. Punjab & Sind Bank
20. Vijaya Bank

Educational Qualifications (As on 13.08.2016):

A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India or any equivalent qualification recognized as such by the Central Government.

The candidate must possess valid Mark-sheet / Degree Certificate that he/ she is a graduate on the day he / she registers and indicate the percentage of marks obtained in Graduation while registering online.

Age (As on 01.07.2016):

Minimum: 20 years Maximum: 30 years

i.e. A candidate must have been born not earlier than 02.07.1986 and not later than 01.07.1996 (both dates inclusive)

Study Materials for IBPS, Bank Exams : Data Interpretation : Bar Charts

Quantities can be compared by the height or length of a bar in a bar graph. A bar graph can have either vertical or horizontal bars. You can compare different quantities or the same quantity at different times.

Disability Beneficiaries Reported as Rehabilitated

(Number, as percent of all rehabilitated clients of state
vocational rehabilitation agencie, years 1985-2001)

General Awareness Magazine for IBPS, Bank Exams (July - 2016)

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Issue : July 2016

Size: 1.92 MB

File Type: PDF

Publisher : BANK EXAM PORTAL

Price: Rs. 50 Free

Current Affairs Topic:

• National Issues
• International Issues
• Economy
• Science & Technology
• Sports

Study Materials for IBPS, Bank Exams : Data Interpretation : Tabulation

Tables:

1. Make sure to look at the entire table or graph.
2. Make sure to express your answer in the correct units (Units of the Tables or Graphs).
3. Look at the possible answers before calculating.
4. Don’t confuse decimals and percentages. If the units are percentages, then an entry of .2 means .2% which is equal to .002.

Study Materials for IBPS, Bank Exams :Data Interpretation - Approaches to Data Interpretation

Tips for Data Interpretation

Here are some hints to remember while solving problems based on data interpretation:

1. Take your time and read carefully. Understand what you are being asked to do before you begin figuring.

2. Check the dates and types of information required. Be sure that you are loking in the proper columns, and on the proper lines, for the information you need.

Study Materials for IBPS, Bank Exams :Data Interpretation - Introduction of Data Interpretation

A Government executives must face lo ts of facts and figures in everyday business. Normally these facts are presented in more compact and precise forms such as

• Tables (Known as data tables)
• Charts (Pie, Bar, Pert, etc.)
• Graphs (2D and 3D)
• Diagrams (Geometric or Venn diagram)

An executives must possess basic skills on deciphering the data from the above mentioned precise forms of tables, charts etc. which enhances his/her administrative efficiency. This ability is known as data interpretation.

Example-1:

Question: These questions are based on following table, which gives the details of Distribution of paper industry in India during 1997 especially state wise no of mills, its production capacity in thousand metric ton and Percentage of mills of all India it possess.

State        No. of Mills           Production Capacity (in ‘000 MT)       Percentage of all India

Maharashtra 	63 			624 					16.52
Andhra Pradesh 	19 			427 					11.3
Gujarat 	55 			369 					9.77
Uttar Pradesh 	68 			336 					8.89
All India (Total) 379 			3778 					100

Q. Which of the state has lowest productivity with respect to number of mills it possesses?
(a) Maharashtra (10.19)
(b) Andhra Pradesh (22.47)
(c) Gujarat (6.71)
(d) Uttar Pradesh (4.94) Ans: d

Daily Questions Challenge for IBPS Exams (13 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

:: National ::

Q. 1

1. The Union government has set the ball rolling on bringing about a convergence in the core syllabi of science subjects and question paper designs across State and central boards.
2. The move acquires importance because of a perceived lack of parity in the syllabi of Physics, Chemistry and Maths across boards.

Which of the following statements is/are true-?

a) Only 1
b) Only 2
c) Both 1 & 2
d) Neither 1 nor 2

:: International ::

Q. 2

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Problems on Trains(MCQ)

Exercise

1. A train moves past a phone post and a bridge 264 m long in 8 seconds and 20 seconds respectively. What is the speed of the train?

(1) 75 km/hr
(2) 82 km/hr
(3) 79 km/hr
(4) 79.2 km/hr
(5) None of these

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Pipes and Cisterns

Exercise

1. A pump can fill a tank with water in 2 hours. Because of a leak, it took hours to fill the tank. The leak can drain all the water of the tank in:

(1) 43 hrs
(2) 9 hrs
(3) 10 hrs
(4) 14 hrs
(5) None of these

Daily Questions Challenge for IBPS Exams (11 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q1 - Kodaikanal is part of which of the following hills?

A. Palani
B. Nilgiri
C. Cardamom
D. None of the above

Q2 - Nairobi meet is related to which of the following?

A. WHO
B. IMF
C. EU
D. WTO

Daily Questions Challenge for IBPS Exams (10 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q1 - Which of the following is power house of the cell?

A. DNA
B. RNA
C. Tissue
D. Mitochondria

(Study Materials) Numerical Ability/Quantitative Aptitude : Area

Area

The area of a plane figure is the measure of the surface enclosed by its boundary. The area of a triangle or a polygon is the measure of the surface enclosed by its sides.

(Study Materials) Numerical Ability/Quantitative Aptitude : Simple & Compound Interest

Simple Interest

It is the sum which is paid by the borrower to the lender for using the money for a specific time period. The money borrowed is called the Principal. The rate at which the interest is calculated on the principal is called Rate of Interest. The time for which the money is borrowed is Time and the total sum of principal and interest is called the Amount.
Simple Interest

If P = Principal, R = Rate per cent per annum T = Number of years, SI = Simple Interest and A = Amount. Then,

Here, the interest is calculated on the original principal ie, the principal to calculate the interest remains constant throughout the time period. The interest earned on the principal is not taken into account for the purpose of calculating interest for later years.

Compound Interest

In compound interest, the interest is added to the principal at the end of each period and the amount thus obtained becomes the principal for the next period. The process is repeated till the end of the specified time.

If P = Principal,

R = Rate per cent per annum

Daily Questions Challenge for IBPS Exams (08 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- Jurassic period forms part of which of the following Era?

A. Paleozoic
B. Mesozoic
C. Cenozoic
D. Neozoic

Q.2- Which of the following is correct regarding Soyuz?

A. It is a series of spacecraft designed for the Soviet space programme in the 1960s
B. It is a canal in Egypt
C. It is ancient route between Asia and Europe
D. None of the above

Daily Questions Challenge for IBPS Exams (07 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- Which of the following are correct regarding the appointment of CBI director?

1. His/Her tenure is for two years
2. He/She is selected by a select committee of PM, Leader of Opposition and Home Minister

A. 1 only
B. 2 only
C. Both
D. None

Q.2- Which of the following will reduce the fiscal deficit in short term?

A. Increasing the expenditure on Public welfare programmes
B. Waving of the loans of farmers
C. Increasing the expenditure on ports and infrastructure building
D. More use of JAM trinity for subsidy distribution

(Study Materials) Numerical Ability/Quantitative Aptitude : Probability

Probability

Probability is used to indicate a possibility of an event to occur. It is often used synonymously with chance.

• In any experiment if the result of an experiment is unique or certain, then the experiment is said to be deterministic in nature.
• If the result of the experiment is not unique and can be one of the several possible outcomes then the experiment is said to be probabilistic in nature.

Various Terms Used in Defining Probability

Daily Questions Challenge for IBPS Exams (06 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- NH 62 a Highway between India and Bangladesh is in which state?

A. Meghalaya
B. Tripura
C. Mizoram
D. West Bengal

Q.2- Tsushima and Yamato basin are in which of the following sea?

A. Sea of Japan
B. South China sea
C. East China sea
D. Yellow sea

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Alligation or Mixture [MCQ]

1. In what ratio must a grocer mix two varieties of tea worth Rs. 60 a kg and Rs. 65 a kg so that by selling the mixture at Rs. 68.20 a kg he may gain 10%?

1. 3 : 2
2. 6 : 7
3. 3 : 5
4. 4 : 5
5. 4 : 3

Daily Questions Challenge for IBPS Exams (05 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- Who among the following chairs cabinet committee on economic affairs?

A. Finance Minister
B. Prime Minister
C. Niti Aayog Chairperson
D. None of the above

Q.2- Which of the following does not share boundary with Afghanistan?

A. Iran
B. Turkmenistan
C. Tajikistan
D. Kazakhstan

(Study Materials) Numerical Ability/Quantitative Aptitude : Time and Distance

Time and Distance

Relation between Time, Speed and Distance

Distance covered, time and speed are related by

Time = ...(i)

Speed = ...(ii)

Distance = Speed × Time ...(iii)

• Distance is measured in metres, kilometres and miles.
• Time in hours, minutes and seconds.
• Speed in km/h, miles/h and m/s.

1. To convert speed of an object from km/h to m/s multiply the speed by . 5/18

2. To convert speed of an object from m/s to km/h, multiply the speed by . 18/5

Average Speed

It is the ratio of total distance covered to total time of journey.

Average Speed =

General Rules for Solving Time & Distance Problems

Rule 1

If a certain distance is covered with a speed of ‘x’ km/h and another equal distance with a speed of ‘y’ km/h, then the average speed for the whole journey is the harmonic mean of the two speeds.

Daily Questions Challenge for IBPS Exams (04 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- Which of the following are close to international date line?

1. Kiribati
2. Samoa
3. Tonga

A. 1,2
B. 2,3
C. 1,3
D. All

Q.2- At present India's biggest oil refinery is in which state?

A. Maharastra
B. Gujrat
C. Assam
D. Odisha

Daily Questions Challenge for IBPS Exams (03 July 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- Feni river is present in which of the following states?

A. Arunachal Pradesh
B. Assam
C. Meghalaya
D. Tripura

Q.2- Which among the following is a nodal agency for startup India programme?

A. PMO
B. Finance Ministry
C. DIPP
D. None of the above

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Time and Work

Work

Work to be done is generally considered as one unit. It may be digging a trench constructing or painting a wall, filling up or emptying a tank, reservoir or a cistern.

General rules to be followed in the problems on Time and Work

1. If Acan do a piece of work in n days, then work done by Ain 1 day is 1/n. ie,if a person can do some work in 12 days, he does 1/ 12th of the work in one day.

2. If A s 1 day’s work = 1/n, then A can finish the whole work in n days. ie, if a person’s one day work is 1/10, then he can finish the whole work in 10 days.

3. If A is thrice as good a workman as B, then ratio of work done by A and B = 3 : 1. ie, if a man works three times as fast as a woman does, then when the work is complete, 3 parts of the work has been done by the man and 1 part by the woman.

4. If A is thrice as good a workman as B, then ratio of time taken by A and B = 1 : 3. ie, if the woman takes 15 days to complete the work, then the man takes 5 days to complete the same work.

Daily Questions Challenge for IBPS Exams (02 July 2016)

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Q.1- Provisions related to Uniform civil code are mentioned in which of the following?

A. Fundamental Rights
B. Fundamental Duties
C. Directive principles of state policy
D. None of the above

Q.2- Purchasing managers index is published by which of the following?

A. Finance ministry
B. Ministry of statistics
C. RBI
D. None of the above

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Unitary Method

Direct Proportion

Two quantities are said to be directly proportional, if on the increase in one the other increases proportionally or on the decrease in one the other decreases proportionally.
eg, More the numbers of articles, more is the cost.
More the number of workers, more is the work done.
Less the number of articles, less is the cost.
Less the number of workers, less is the work done.

Indirect Proportion

Two quantities are said to be indirectly proportional, if on the increase in one the other decreases proportionally or on the decrease in one the other increases proportionally.
eg, More the number of workers, less is the number of days required to finish a work. More the speed, less is the time taken to cover a certain distance.
Less the number of workers, more is the number of days required to finish a work. Less the speed, more is the time taken to cover a certain distance.

Chain Rule

When a series of variables are connected with one another, that we know how much of the first kind is equivalent to a given quantity of second, how much of the second is equivalent to a given quantity of the third and so on. The rule by which we can find how much of the last kind is equivalent to a given quantity of the first kind is called the Chain Rule.

Daily Questions Challenge for IBPS Exams (01 July 2016)

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Q.1- Which of the following is not correct regarding India’s renewable energy targets.

1. India plans to make 175 Gigawatts by 2022
2. 100 GW would be from solar power.
3. 60 GW from biomass
4. 5 GW for tidal energy

Q.2-Consider the following statements and mark the correct option.

1. LCA Tejas is smallest and lightest fighter aircraft of its class
2. It is subsonic in speed
3. It is developed by HAL

Which among the following statements are correct?

A. 1, 2
B. 2, 3
C. 1, 3
D. All

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Orders of Magnitude

Example 1: Ajay, Akshay and Saroj cover a distance of , 33500 m and 290 hactometre respectively in an hour. Who has the maximum speed?

Solution. Distance covered by Ajay = = 67 × 1000 m = 33500 m

Distance covered by Akshay = 33500 m

Distance covered by Saroj = 290 hactometre

= 290 × 100 m = 29000 m

Since, distance covered by Ajay and Akshay are maximum and equal. Hence, Ajay and Akshay have maximum speed.

Daily Questions Challenge for IBPS Exams (30 June 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- Which of the following is not part of World Bank?

A. International Bank for Reconstruction and Development (IBRD),
B. International Development Association (IDA)
C. International Finance Corporation (IFC)
D. All are part of world bank

Q.2- Which of the following is not a basin country for lake Victoria?

A. Tanzania
B. Uganda
C. Kenya
D. Sudan