Letter writing - Descriptive English for SBI PO Main Bank Exam

Letter to Father telling him why you want to continue your studies instead of joining his business
Akhila Sharma,
263/998,
M.G. Road,
Akshya Apartment,
New Delhi.

5th July 2015,

Madesh Sharma,
Lajpvt Nagar,
 New Delhi.

My dear Father,
I feel proud that you have asked me to join you in business. It means that you take me wise enough to join life right now.But, dad, it will mean giving up studies after the degree. It will be better if I do post-graduation. The higher the education, the greater the elevation of intellect. Better education will enable me to look after the business in a better way.
By that time, I shall become much more experienced and knowledgeable. At that age, I shall be able to deal with the people with more confidence. I know you need a helping hand. You want me to learn the secrets of business as early as possible.
But at this immature age and with little education, I shall not pick up things so easily. It will be better if you allow me to complete my B.B.A degree..

Yours affectionately,
 Akhila Sharma

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IDBI Exam Results Announced

                                        IDBI Exam Results Announced

 Industrial Development Bank of India is popularly known as IDBI. It is a financial service company owned by the government of India.  Every year it recruits eligible candidates for various vacancies to fill its vacancies. Similarly this year it came up with Executive recruitment notification for 500 vacancies.IDBI Executive Answer key 2015 was uploaded by the organization for the online test conducted on 11th July 2015 

Exam Results Announced

click here for exam result

IDBI Executive Answer key 2015 can be downloaded from official site www.idbi.com, which gives a chance of expecting their result.

• First log on to official site www.idbi.com
• Find the link IDBI Executive answer key
• Download the answer key

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Reasoning Ability Answer with Explanation -IBPS And SBIPO Paper1

Answer the following questions based on the alphabet given below:

ABCDEFGHIJKLMNOPQRSTUVWXYZ

1.If the letter of the words PRODUCTIVE which are at the  odd-numbered position in the English alphabet are picked up and arranged in  alphabet order form  left and if they are substituted by Z,X,Y and so on,
beginning from left. which letter will get substituted by W?

1.No letter get  substituted by W
2.O
3.E
4.C
5.None of these

2.What will come in the place of question (?) mark in the following series?
    GPW,     GPUW,       GIPUW,        GIPSUW, ?
1. GIHPSUW,
2. GIPQSUW,
 3. GIKPSUW,
4. GIJPSUV,
5.None of these

3.If the alphabets are written in reverse order after interchanging alphabets from 'D' to 'L' with those from 'R' to 'Z' respectively, which letter would be midway between W and E in the new order ?

1.Z
2.N
3.D
4.There is no such letter
5..None of these


Answer:
1.2
2.3.
3.2

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Recent Programme of Government - Focus on Bank Interview

         Atal Pension Yojana

 Financial inclusion, social security, and low-cost benefits for the masses have been high on the NDA government’s agenda.n. The first step towards achievement of social security was the rollout of the Pradhan Mantri Jan Dhan Yojana (PMJDY)

           About  the Atal Pension Yojana

                      The Atal Pension Yojana will be effective from 1 June 2015. The scheme intends to bring pension benefits to allow people of the unorganised sector to enjoy social security with minimum contribution per month. 

People who work in the private sector or employed in occupations that do not give them the benefit of pension can apply for the scheme. They can opt for a fixed pension of INR 1,000 or 2,000 or 3,000 or 4,000 or 5,000 on attaining the age of 60. The amount of contribution and the individual’s age will determine the pension. Upon the contributor’s death, the spouse of the contributor can claim the pension and after the spouse’s death the nominee will be returned the corpus accrued.
The amount collected under the scheme is to be managed by Pension Funds as per the investment pattern specified by the Government. Individual applicants will have no choice of pension funds or investment allocation.

The Atal Pension Yojana (APY)  is open to all Indians between the age of 18 and 40. This allows an individual to contribute for at least 20 years before reaping the benefits of the scheme. Any bank account holder who is not a member of any statutory social security scheme can avail of the scheme.
All existing members of the government’s ‘Swavalamban Yojana NPS Lite’ will automatically be migrated to the Atal Pension Yojana. It will now replace the Swavalamban scheme, which did not gain much popularity across the country.

The Atal Pension Scheme will bring security to ageing Indians while at the same time promote a culture of savings and investment among the lower and lower middle class sections of society. One of the greatest benefits of the scheme may be enjoyed by the poorer sections of society. The government of India has decided to contribute 50 percent of the user’s contribution or INR 1,000 a year (whichever is lower) for a period of five years. This contribution will, however, be enjoyed only by those who are not income tax payers and those who join the scheme before 31 December 2015.

 

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Current Affairs Today JUNE19 For All Bank Exam 2015

                                    current affairs today

          

•  ISRO has announced to provide navigational support to Indian Railways through GPS Aided Geo Augmented Navigation (GAGAN) system.   
•  
• G Gurucharan given additional charge as Director General of Bureau of Indian Standard

•  Japan May Allow India to Reprocess Spent Nuclear Fuel-India not being a signatory to the Nuclear Non-Proliferation Treaty (NPT) is one of the sticking points in indo –japan civil nuclear dal. India has been insisting that its non-proliferation record is impeccable enough to warrant an agreement, but Japan wants India to honour its promise — to impose a ban on further nuclear tests — made in the run-up to the waiver the Nuclear Suppliers Group (NSG) granted it for doing trade in atomic energy

•   India's economy, Asia's third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.

• US Treasury Secretary Jacob Lew to meet Arun Jaitley In the last few years, the United States has taken a number of steps in taking actions against those hoarding money overseas, Swiss banks in particular.

•  India's economy, Asia's third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.ndia's economy, Asia's third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.

•  US Treasury Secretary Jacob Lew to meet Arun Jaitley In the last few years, the United States has taken a number of steps in taking actions against those hoarding money overseas, Swiss banks in particular.

• International Monetary Fund chief Christine Lagarde warned Greece it would get no leeway on a huge debt payment as EU ministers warned they were looking at a "plan B" for a possible default.

•    European Central Bank agrees emergency funding for Greece

•   RBI has ordered Banks to convert credit balances in any inoperative Foreign Currency  denominated deposits into equivalent Indian rupees If the Former remains not in use for three years from the periods of maturity of deposit But the Depositor can claims interest either in foreign currency or equivalent Indian rupees at prevalent exchange rate.RBI has directed banks to give three month prior notice to FCNR(B) Accounts holder for those which are not in use for three years and having no fixed maturity periods.

•   SoftBank teamed up with which two entities to market Pepper robot - Alibaba, Foxconn Alibaba is a Chinese online shopping giant and Foxconn Technology is an electronics supplier.

•   Myanmar turns down India's proposal for joint operations against NSCN cadre

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General Awareness with Related to Banking and Financial Awareness

1.International rating agency Moody’s on 3 March 2015 downgraded the ratings of some securities of which two public-sector banks? –
1) Central Bank of India and Indian Overseas Bank
2)State  Bank of India and Punjab National Bank
3)Indian Overseas Bank and Canara Bank
4)Punjab National Bank and Central Bank of India
5) State  Bank of India and Indian Overseas Bank

2.Which of the following type of cheques can be endorsed?
1)Account payee cheques
2) Bearer  cheques
3)Cheques payable to order
4)Cheques with restricted endorsement
5)None of these  

3.The Reserve Bank of India (RBI) on 18 February 2015 allowed banks to lend against gold and thus lifted the ban on the same. When was this ban imposed? –  
1)June 2013
 2)June 2012
3)June 2010
4)June 2014
5)June 2011
 
4.What is the term used for the process in which a bank adjust a loan from a deposit of the same name and same capacity in the same bank?
 1)Right to lien
 2)Right to adjustment
 3)Right to set off
 4)Right to appropriation.
 5)None of these 

5.Which bank on 16 February 2015 announced plans to launch India’s first Green Infrastructure Bond worth Rs. 500 crore, proceeds from which will be deployed to fund renewable energy and energy efficiency projects?
 1)Axis Bank
2)Yes Bank
3)ICICI Bank
4)IDBI Bank 
5)Bank of Baroda 
 
 6.The RBI on 3 February 2015 increased the amount Indians can remit in foreign exchange without end-use restrictions to $ 2,50,000 per year per person. What was this limit at present?
 1) $ 1,00,000 per year per person 
 2) $ 1,50,000 per year per person
 3) $ 1,25,000 per year per person 
 4) $ 1,15,000 per year per person
 5) $ 75,000 per year per person

 7.What do you mean by 'probate' in banking parlance ?
1)It is a will  left by a deceased person
2)It is a will certified by  the court  for settlement of the property of the  deceased person
3)It is a registered will  of a deceased person
 4)It is the last  will of a  person certified by his/her legal heirs.
 5)None of these  

 8.Which bank was ranked at highest place among Indian banks in the list of the Top 50 Most Valued  Global Banks (in terms of market capitalization) that was released by Bloomberg on 17 January 2015?
 1)ICICI Bank
 2) State Bank of India (SBI)
 3)Industrial and Commercial Bank of China
 4)HDFC Bank
 5)Agricultural Bank of China

 9.Which of the following terms is not used in banking/financial parlance?
1)  Estrange
2) Break even
3)Liquidator
4)Remittance
5)Portfolio

10.Gyan Sangam’ – the 2-day Retreat for Banks and Financial Institutions” and was held at National Institute of Banking Management (NIBM) which concluded on 3 January 2015, was held in which city?
 1) Pune
 2)Chennai
 3)New Delhi
 4)Kolkata
 5)Kochi

 
Answer 1.[1]  2.[3]  3.[1] 4.[3]  5.[2] 6.[3] 7.[2] 8.[4] 9.[1] 10[1]

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Reasoning Ability Syllogism for SBI PO ,ICICI,IDBI Question and Answer With Explanation

In each of the questions below consists of a statements  and conclusion numbered I and II given below it.You decide which of the two conclusion logically follows from the information given in the ststement
Give answer

• (1)if only conclusion (a) follows
• (2) if only conclusion (b) follows
• (3) If a either conclusion (a) or (b) follows
• (4) If a neither conclusion (a) nor (b) follows
• (5) If both  conclusion (a) and (b) follows

  Statement:        some square are circles.
                       No circle is a triangle
                        No line is a square.
1.conclusion      a)  All square can never be triangles.
                         b)Some line so are circles.
2.conclusion:     a) No triangle is a square.
                        b)No lines is a circle.
Statement:         All song are poems.
                       All poems are rhymes.
                        No rhymes is a paragraph
3.conclusion:     a)No song is a paragraph
                        b)No poem is a paragraph.
4.conclusion:      a)All rhymes are poems.
                         b)All songs are rhymes
Statement:        Some dews are drops.
                       All drop are stones
Conclusion:     a)At least some dews are stones
                     b)At least some stones are dews
Answer
1(1) some square are circles.(I)+  No circle is a triangle (E) = I+ E=O Some square are not be triangles.
conclusion (a) follows
Again,  No line is a square.(E)+some square are circles.(I) = E+I=O Some circle are not line.
Hence, conclusion (b)does not follows
2 (4)some square are circles.(I)+  No circle is a triangle (E) = I+ E=O Some square are not triangles.
conclusion (a) does not follows
Again,  No line is a square.(E)+some square are circles.(I) = E+I=O Some circle are not line.
Hence, conclusion (b)does not follows
 3.(5)  All song  are poems.(A)+  All poems are rhymes(A) = A+A=A  =All song  are  rhymes.
Now All song  are  rhymes.(A) +No rhymes is a paragraph(E) = A+E=E=No song is a paragraph
 conclusion (a) follows
Again All poems are rhymes(A) +No rhymes is a paragraph(E) = A+E=E=No poem is a paragraph.
 Hence, conclusion (b) follows
4.(2) All poems are rhymes---->conversion -------->Some rhymes are poems.
Hence, conclusion (a)does not follows
 All song  are poems.(A)+  All poems are rhymes(A) = A+A=A  =All song  are  rhymes.
   Hence, conclusion (b) follows
5.Some dews are drops.(I)+ All drop are stones(A)=I+A=I=  Some dews are stone   it means At least some dews are stones    Hence, conclusion (a) follows  &  conclusion (b) follows by converting the second statement.

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Quantitative Aptitude for All Bank Exam -SBIPO 2015

1.(8.34%of793) - (12.51%of286)= ?
1)33.3756.      2)36.3657.   3)30.3576. 4)28.3675. 

2.48+8*0.75-5=?
1)22.                  2)36.           3)49.             4)56.     

3.6784+2213+844-?=6734+775
1)2332.             2)2323.         3)2344.        4)2442.    

4.11960÷?=65*23
1)6.                     2)11.            3)3.               4)8.             

5.One-fifth of a number is 62. What will 73% of that number be?
1)198.7.             2)212.5.      3)226.3.       4)234.8        
 .

6.. How many kilograms of sugar costing Rs. 9 per kg must be mixed with 27 kg of sugar costing Rs. 7 per Kg so that there may be a gain of 10 % by selling the mixture at Rs. 9.24 per Kg ?
1). 60 Kg	2). 63 kg
3). 58 Kg	4). 56 Kg

7.A tank is filled in 10 hours by three pipes A, B and C. The pipe C is twice as fast as B and B is twice as fast as A. How much time will pipe A alone take to fill the tank?
1). 70 hours	2). 30 hours
3). 35 hours	4). 50 hours

Answer
1.(3)?=8.34*793/100- 12.5*286/100
=66.1362-35.7786=30.3576

2.(3)
?=48+8*0.75-5
     =48+6-5=49
3.(2)6784+2213+844-?=6743 +775
=> 9841-?=7518=2323

4(4); 11960/? = 65*23
=>? =11960/65*23 = 8
   
5.(3) Let the number be x
According to the question,
1/5x=62
=>x=62*5 = 310
73%of310 = 73/100*310 =226.3
6.(2)

Selling Price(SP) of 1 Kg mixture= Rs. 9.24

Profit = 10%

Cost Price(CP) of 1 Kg mixture= 100(100+Profit%)×SP=100110×9.24=92.411=Rs.8.4

By the rule of alligation, we have

CP of 1 kg sugar of 1st kind					CP of 1 kg sugar of 2nd kind
Rs. 9					Rs. 7
Mean Price
Rs.8.4
8.4 - 7 = 1.4					9 - 8.4 = .6

ie, to get a cost price of 8.4, the sugars of kind1 and kind2 should be mixed in the

Ratio  = 14 : 6 = 7 : 3

Let x Kg of kind1 sugar is mixed with 27 kg of kind2 sugar

then x : 27 = 7 : 3


⇒x27=73⇒x=27×73=637.(1)

Let the pipe A can fill the tank in x hours

Then pipe B can fill the tank in x2 hours and pipe C can fill the tank in x4 hours

Part filled by pipe A in 1 hour = 1xPart filled by pipe B in 1 hour = 2xPart filled by pipe C in 1 hour = 4xPart filled by pipe A, pipe B and pipe C in 1 hour = 1x+2x+4x=7xi.e., pipe A, pipe B and pipe C can fill the tank in x7 hours

Given that pipe A, pipe B and pipe C can fill the tank in 10 hours
X/7 = 10 =>X 7* = 70

⇒x=10×7=70 hour    

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Descriptive English-letter to customers sbi po paper 2 for all bank exam

Write a letter to one of your customers requesting him to make the pending payments as soon as possible

Raman's  stores,
35,joggers park,
paharganj,
New Delhi.

21 st June 2015

Mr. kiran kumar,
Montessori school,
Lucknow.

sub: Outstanding payments

Sir,

Our record show that you have an outstanding balance dating back to May. 2015.your May invoice was for Rs.45054.00 and we have yet to receive this payments. Please find a copy of the invoice enclosed. We will be happy to accept a cheque payment before 5th July 2015. If your cheque is already dispatched, then please ignore this reminder. We thank you for your cooperation and apologize for any inconvenience caused.We hope to continue doing business with you in the future.

Yours faithfully,

Sanjay Sharma

Write him / her this way..... Dear XYZ, reference to our invoice No. ........... Dated....... Amount......... We are sending you soft reminder that due date of invoice has been passed and we have not received the paymnet from your side. I belive that you might be overlook this invoice due to some burdon of work. You are requested to please pay the invoice amount as soon as possible to avoid discontnuing of service. If you have already paid kindly let us know. Best Regards, ABC Company.

Read more: How to write a letter to customer to remind about payment? - How to write a letter to remind about overdue payment from customer againt invoices :: Ask Me Fast at http://www.askmefast.com/How_to_write_a_letter_to_customer_to_remind_about_payment-qna875015.html#q35994

Write him / her this way..... Dear XYZ, reference to our invoice No. ........... Dated....... Amount......... We are sending you soft reminder that due date of invoice has been passed and we have not received the paymnet from your side. I belive that you might be overlook this invoice due to some burdon of work. You are requested to please pay the invoice amount as soon as possible to avoid discontnuing of service. If you have already paid kindly let us know. Best Regards, ABC Company.

Read more: How to write a letter to customer to remind about payment? - How to write a letter to remind about overdue payment from customer againt invoices :: Ask Me Fast at http://www.askmefast.com/How_to_write_a_letter_to_customer_to_remind_about_payment-qna875015.html#q35994v

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General Awareness Abbreviation Question for Bank Exam

• DICGC  -       Deposit Insurance and Credit Guarantee Corporation
• (MMRDA)
  
  Read more at: http://currentaffairs.gktoday.in/category/current-affairs-2014/current-affairs-january-2014
  MMRDA -      Mumbai Metropolitan Region Development Authority
• NIC
  
  Read more at: http://currentaffairs.gktoday.in/category/current-affairs-2014/current-affairs-january-2014
  NIC         -      The National Innovation Council
• MSME     -      Ministry of Micro, Small and Medium Enterprises
• IIIF          -        India Inclusive Innovation Fund  
• PAN        -       Permanent Account Numbers 
• WEF       -       World Economic Forum
• RPF        -       Railway Protection Force
• GSLV     -        Geosynchronous Satellite Launch Vehicle Mark III 
• CCEA     -       The Cabinet Committee on Economic Affairs
• NHDP      -       National Highways Development Project
• ADB          -      Asian Development Bank 
• IRCTC       -      The Indian Railways Catering and Tourism Corporation 
• DA           -       Dearness Allowance
• TRIFED   -      Tribal Cooperative Marketing Development Federation of India Limited
• IMF         -      The International Monetary Fund
• NIT          -       National Institute of Technology
• GPS         -       Global Positioning System

DICGC)
http://www.gktoday.in/gk-current-affairs-march-31-2015/

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India Bank Jobs: Recruitment for the post of Deputy General Manager at IDBI Bank

Advertisement for the Post of Deputy General Manager - Grade ‘D’ Important:

Last Date of Receipt of Applications: June 10, 2015 (Please read the instructions carefully before remitting the fee & filling up the application) IDBI Bank Ltd. (IDBI Bank), a banking company under the Companies Act, 1956, having majority share holding by Government of India, is a leading provider of complete range of retail and corporate banking services to its clients.

Recruitments in IDBI Bank Ltd., are strictly on all India basis by open competition and the Bank has not hired or authorized any agency or organization or any individual to recommend or recruit any personnel on its behalf or collect any money or commission or charges for recruitment or training or coaching, etc.

Applicants are advised to submit the application form hosted on the Bank's website at www.idbi.com on the dates mentioned below after carefully going through all the instructions contained in the Application Form and the instructions given in the advertisement. No other means/mode of application form/ printout would be accepted. The Bank invites application from the eligible and suitable applicants for 1 post of Deputy General Manager in Grade ‘D’ as per following details:

More details

• Detailed Advertisement for Deputy General Manager- Grade D   
•  Fee Payment Challan - IDBI Bank Ltd.    
• Application Form   
• General Instruction for the Applicants

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