October 20, 2013

Questions Asked In IBPS PO 2013 on 20th October'13 - Morning Shift

IBPS III came with lot of surprises this time with loads of moderate to difficult questions in place. The GKCA section asked lot about banking related policies and recent developments. Below is a compilation of questions which candidates faced this time. We are in process of updating all the answers as early as possible
 It is highly recommended that you read RBI's Notifications section for your preparation ( http://www.rbi.org.in/scripts/NotificationUser.aspx) and FAQ Section at (http://www.rbi.org.in/scripts/FAQDisplay.aspx)

1. Director of the bollywood film Satyagraha — Prakash Jha
2. The first Indian-origin Miss America 2013 — Nina Davuluri
3. Reserve Bank of India hiked Repo Rate on Sept 20, 2013 by – 25 basis point to 7.5%
4. The limit of Rajiv Gandhi Equity Savings Scheme (RGESS) hiked to — Rs. 12 Lakh per year
5. Which bank's headquarter not in kolkata-( Awaited more Clarity on this question)
6. NEFT is used for- Interbank Fund Transfer
7. ATM wrong deduction to be refunded within -
8. Which country become the 28th member of EU — Croatia
9. When RBI wants to absorb liquidity from market increase reverse REPO,decrease repo or increase CRR -
10. Head of Committee on Gold — K U B Rao
11. Next G-8 Summit will be held in-
12. Which book is not written by Chetan Bhagat- ( Awaited more Clarity on this question)
13. Swarna Jayanti Shahari Rozgar Yojana -( Awaited more Clarity on this question)
14. Wheat ,Bajra comes under rabi or kharif crop
15. GDP Growth Forecast by CSO for 2013-14-
16. Name the  joint venture of Tata Sons-Singapore Airlines — Tata SIA Airlines Ltd
17. No. 1 Stock Exchange in the World — NYSE/ Nasdaq
18. Award given to Finance Minister P Chidambaram by — Business Reformer Award
19. Balance Sheet indicates what- ( Awaited more Clarity on this question)
20. What do you understand by TLE in POS machine — Terminal Line Encryption
21. G20 Summit 2013 Venue — Saint Petersburg, Russia
22. At a time what is maximum limit of Basic Savings Bank Deposit Account (BSBDA) — Rs 50, 000
23. Infosys launches new version of banking solution — Finacle11
24. MacMohan Line between which countries – India and China
25. Who developed rupee symbol – Udaya Kumar
26. CEO of Women Bank – Usha Ananthasubramanian 
27. Full form of EASIEST — Electronic Accounting System in Excise and Service Tax
28. Who is the Chief of Forward Markets Commission (FMC) — Shri Ramesh Abhishek
29. Who among the following is not a member of Parliament - ( Awaited more Clarity on this question)
30. New Director General of CPRF – Dilip Trivedi
31. Micro finance Maximum investment Limit-  ( Awaited more Clarity on this question)

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