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Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.

Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore. Correct Answer FDBGECA

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In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: The State Bank of India (SBI) last Friday redeemed at least Rs 15,000 crore of mutual fund investments, which also put pressure on asset managers to sell their holdings in the secondary market.While the purpose of the SBI redemptions is not clear, some market participants linked the timing of the sale to a planned accumulation of cash that could be subsequently used to fund either equity or debt at the struggling financier, IL&FS. Courses of action: I. Fund managers are keen to understand where SBI would deploy the redeemed cash, and the role of such investments in stabilising the rattled debt market that is negotiating the first northward movement in the interest-rate cycle since the current administration took office.  II. The SBI chairman reiterated the lender’s continued support toward NBFCs, while the central bank, too, stepped in to assure the roiled markets of liquidity injection in an emergency.  III. SBI lends support to NBFCs in private and public sector within the regulatory policy framework and will continue to do so.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The rupee may slump to a new low this year amid global policy uncertainties while domestic interest rates will remain elevated, raising borrowing costs, according to an ET poll of 20 market participants. Nearly three-fourths of the respondents believe the local unit could touch 69 to the dollar with some even pointing to 70 by December-end. The rupee is one of the worst-performing emerging market currencies this year, having lost about 6.7 per cent to the greenback to close at 68.13 on Monday. Courses of action: I. Indian corporates may borrow less ahead of elections with the likely benchmark rate at 8 per cent or more. Half the poll participants were of the opinion that the benchmark yield will either hover around that level or rise further. II. External factors coupled with domestic macro measures like weak current account deficit or fiscal deficit are likely to impact the rupee. The US Fed seems to be on course to raise rates.  III. Upcoming elections trigger a bit of policy uncertainty. A cocktail of factors including dollar strengthening, foreign fund outflows, general emerging market weakness and oil would continue to weigh on the rupee.
Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.
Study the following information carefully to answer the question given below. Following are the qualifications and conditions for certain posts in a "XYZ" company. The candidate must: a) be an engineering graduate with at least 70% marks. b) be not less than 21 years and not more than 26 years of age as of 01/04/2018. c) have passed the written test with at least 60% of marks. d) be willing to pay a deposit of Rs. 2.5 lakh, to be refunded on completion of probation & training. If the candidate satisfies (a)-(d) he/she would be referred to as Engineer. However, if the candidate satisfies all the above, except: (i) at (a), has appeared for final semester exam; result yet to be declared; has 75% average marks up to the seventh semester; would be referred as Project-Engineer. (ii) at (a), has done diploma in engineering with 75% of marks, would be referred as Asst. Engineer. (iii) at (d), is willing to pay Rs. 1.5 lakh as a security deposit, would be referred to as Engineer-Trainee. (iv) at (b), even if age is above 26 years as of 1/4/18, but with 3 years of experience, would be referred as a Senior-Engineer. Pranita has completed her B. E. in electronics with 71% of the marks. She also has cleared the written tests with 75% of the marks. She is 22 years old as of May 2018. She is willing to pay a security deposit of Rs. 1.5 lakh. For which position will she be referred?
In the question below, a statement and three assumptions numbered I, II and III are given. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: Online grocery firm Grofers today said it is entering the FMCG segment and is targeting an overall revenue of Rs 2,500 crore by FY19. Grofers closed FY 18 with Rs 950 crore of sales and is targeting for a stronger growth trajectory in 2019, with a 50 per cent contribution from its private brands. The company has launched seven new brands under two categories Budget and Popular G-Brands.  Assumptions: I. With this, Grofers private labels expands to 250 food and non-food products for its consumers. With this significant business expansion, Grofers aims to drive the next wave of growth for e-commerce sector by bringing the next 100 million customers to its platform. II. This vertical expansion is key to drive Grofers next phase of growth in India. In the last five years, we have received an overwhelming response from our customers. III. Through many industry-first initiatives, Grofers has been instrumental in bringing new customers to the e-commerce fold with increase of its customer base. 
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The following are the conditions for selecting list of a suitable candidates to be called for interview after the written test for the recruitment is conducted/ organized for management-level persons of a multi-national company. For providing accounting services and sales the candidates must (a) be holding a graduation in basic science with 65% or above or B. E degree with 55% and above marks (b) have passed the written test with 70% or above marks (c) the age must be in the group 25 to 30 years as on 1/4/18 (d) have experience in an accounting firms for three years and diploma in accounting with 60% or above marks (e) be presently drawing CTC of 6 Lakhs per annum and above In case the applicant who satisfies all other terms above except 1) at (a) above, then be referred as Junior Accountant 2) at (d) & (e) above then be referred as Trainee-Accountant Satisfying all the above with experience of 5 years then be referred as senior-Accountant Satisfying all the above criteria (a-e) with CA/ ICWA / MBA (Finance) then be refereed as manager (Accounts) Read all the above information and answer the following question Shravani has passed H. SC with 72% of marks. She has done diploma in accountancy with 62% of marks. She was working with an organization in the field of accounting in the field of accounting from 4 years and was drawing CTC of 6.5 Lakhs presently. She is 28yrs as on July 2018. She may referred for the position of:
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: A shortage of bank branches and ATMs across India’s hinterland is holding back Prime Minister Narendra Modi’s financial inclusion efforts and risks angering rural voters ahead of elections next year. After taking office in 2014, Modi set an ambitious target to open a bank account for every household to ensure welfare funds flow directly to India’s poor, while improving access to credit and insurance programs. He pushed policies that helped bring 310 million people into the formal banking system in just four years, according to the World Bank. Based on the arguments stated below and he information stated above, which of the following arguments state the reason for the problem, ‘But many of India’s villages still lack bank branches or ATMs to help service new customers, while the pace of building new financial infrastructure has actually slowed’.  Arguments: I. Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.  II. With an election due next year, the mismatch between the government’s policies and the rural banking system is generating frustration among a key slice of India’s electorate. III. The banking system struggled to keep up, while some gains proved temporary. Nearly half of Indian bank accounts were inactive in 2017, meaning they weren’t used at all in the previous 12 months
The government may infuse about Rs. 8,000 crore in five or six state-run banks that are likely to fall short of regulatory capital requirements, a senior finance ministry official said. These banks may include Nirav Modi scam-hit Punjab National Bank. There are some banks that have issued additional tier 1 capital bonds and the interest payments are due. Now if they don’t meet the regulatory capital norms, they will not be allowed to make such payments. The government cannot allow public sector banks to default on such payments, which will impact their rating. Which of the following is a logical corollary of the statement above?
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments, is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: Over the past five decades, term deposits in banks have emerged as the primary instrument of financial savings for the average Indian after former premier Indira Gandhi embarked on a mission to nationalise the lenders - 14 in the first tranche - on a rainy afternoon in July 1969. Coming with an unsaid sovereign guarantee of sorts, fixed deposits (FDs) seemingly offered investors liquidity - and safety - as nationalisation sought, in part, to arrest the 40-odd bank failures a year.  Now, however, deposits must burnish their allure to retain leadership status in an increasingly crowded financial marketplace that offers choice. Why? Arguments: I. If FDs are giving 7.5% and the effective tax rate is 10%, one gets close to 5-5.2% return. Similarly, in the case of FMP, if the rate is 7.5%, effective taxation comes to 10%, one gets 6.75%. It is higher than the effective returns on bank deposits.  II. People are becoming aware of more asset classes that offer better returns, and the quest for such assets became more pronounced after interest rates fell substantially over the past four years.  III. Savers are looking at mutual funds and provident funds for the higher return.