The document provides an overview of topics related to banking and the Reserve Bank of India (RBI). It discusses the origin and functions of RBI, its role in money supply and monetary policy tools. It also covers types of banks and banking services, rural banking, non-performing assets (NPAs), international banking, and sample questions related to these topics. The document is intended as a study guide for banking examinations.
Unit - 01 Indian Banking System BBA 3rd Sem by Yogesh KumarYogesh Kumar
This is a short Presentation on Advertising Management for BBA Students who is Studying in BBA 2nd Year.
It Covers all the Basic terms about Advertising.
-Introduction of Advertising
-Importance of Advertising
-Role of Advertising
Unit - 01 Indian Banking System BBA 3rd Sem by Yogesh KumarYogesh Kumar
This is a short Presentation on Advertising Management for BBA Students who is Studying in BBA 2nd Year.
It Covers all the Basic terms about Advertising.
-Introduction of Advertising
-Importance of Advertising
-Role of Advertising
The bank, established in 1984 in Sion, central Mumbai, has branches in six states but most of them are concentrated in Mumbai and Delhi.
On September 24, the bank’s managing director, Joy Thomas, had sent a text message to depositors about the RBI’s regulatory restrictions capping withdrawals up to Rs 1,000 for six months.
Thomas has since been arrested, along with the promoters of the Housing Development Infrastructure Limited (HDIL), Rakesh and Sarang Wadhawan, in an alleged fraud case.
hello guys!
this is small presentation on the topic ancilllary services offered by bank hope u find it usefull. It comprises of various services inland and overseas offered by the banker.
Mgt 350 final exam guide 1) Which of the following statements is true about ...ramyasribanu
1) Which of the following statements is true about a weak organizational culture?
A. Desirable if an organization has many subcultures
B. Desirable if an organization wants diversity of thought and action
C. Desirable if an organization wants behavioral consistency
D. Undesirable because they lead to weak organizations
The bank, established in 1984 in Sion, central Mumbai, has branches in six states but most of them are concentrated in Mumbai and Delhi.
On September 24, the bank’s managing director, Joy Thomas, had sent a text message to depositors about the RBI’s regulatory restrictions capping withdrawals up to Rs 1,000 for six months.
Thomas has since been arrested, along with the promoters of the Housing Development Infrastructure Limited (HDIL), Rakesh and Sarang Wadhawan, in an alleged fraud case.
hello guys!
this is small presentation on the topic ancilllary services offered by bank hope u find it usefull. It comprises of various services inland and overseas offered by the banker.
Mgt 350 final exam guide 1) Which of the following statements is true about ...ramyasribanu
1) Which of the following statements is true about a weak organizational culture?
A. Desirable if an organization has many subcultures
B. Desirable if an organization wants diversity of thought and action
C. Desirable if an organization wants behavioral consistency
D. Undesirable because they lead to weak organizations
Concept of business ethics, the importance of ethics in business, myths about business ethics, morale reasoning, the morality of profit motive, ethics and philosophy, ethics and morality, benefits of business ethics, code of conducts; meaning and importance of social responsibility, the evolution of CSR, a morale argument of CSR, increasing relevancy of CSR, social responsibility and ethics, CSR domains.
30 page flip book containing information about consumer, their rights, common food adulterants and important information on any product fir ensuring its quality..
Organizations can be viewed as systems in which management creates the architecture for the system of production. Managers' role in organizational design is central but must be understood in the context of their overall responsibilities within the organization. Management operates through functions such as planning, organizing, staffing, leading/directing, controlling/monitoring, and reporting. These functions enable management to create strategies and compile resources to lead operations and monitor outputs. The concept of management has acquired special significance in the present competitive and complex market oriented world. Efficient and purposeful management is absolutely essential for the survival of any organization. Management concept is comprehensive and covers all aspects of business. In simple words, management means utilizing available resources in the best possible manner and also for achieving well defined objectives. It is a distinct and dynamic process involving use of different resources for achieving well defined objectives. The resources are: men, money, materials, machines, methods and markets. These are the six basic inputs in management process (six M's of management) and the output is in the form of achievement of objectives. It is the end result of inputs and is available through efficient management process. In the book entitled “Fifty Management Techniques” author Michael Ward had suggested different management techniques for managing strategy, operating, decision, marketing, pricing, finance, people and learning for successful accomplishment of goals and objective of the organization and this seminar is based on the same book. These techniques are not only useful for any profit oriented private organization but also beneficial for public sector organization like public extension system.
Stress is the body’s physical and psychological response to a specific demand made of us or to an event in our life. In some cases it motivates and encourages us to complete a task we find difficult so that we can take pride in ourselves and what we achieve.
Stress is the body’s physical and psychological response to a specific demand made of us or to an event in our life. In some cases it motivates and encourages us to complete a task we find difficult so that we can take pride in ourselves and what we achieve.
Stress is the body’s physical and psychological response to a specific demand made of us or to an event in our life. In some cases it motivates and encourages us to complete a task we find difficult so that we can take pride in ourselves and what we achieve.
INTRODUCTION
TO
ADVERTISING AND MARKETING COMMUNICATION
MARKETING COMMUNICATION
Marketing communication (MarCom) is a fundamental and complex part of a company’s marketing efforts. Loosely defined, MarCom can be described as all the messages and media you deploy to communicate with the market.
Marketing communication includes advertising, direct marketing, branding, packaging, your online presence, printed materials, PR activities, sales presentations, sponsorships, trade show appearances and more.
Marketing communication has two objectives. One is to create and sustain demand and preference for the product. The other is to shorten the sales cycle.
• Earth, along with the other planets, is believed to have been born 4.5 billion years ago as a solidified cloud of dust and gases left over from the creation of the Sun.
• For perhaps 500 million years, the interior of Earth stayed solid and relatively cool, perhaps 2,000°F.
• The main ingredients were iron and silicates, with small amounts of other elements, some of them radioactive.
• As millions of years passed, energy released by radioactive decay—mostly of uranium, thorium, and potassium—gradually heated Earth, melting some of its constituents.
• The iron melted before the silicates, and, being heavier, sank toward the center.
• This forced up the silicates that it found there.
• After many years, the iron reached the center, almost 4,000 mi deep, and began to accumulate. No eyes were around at that time to view the turmoil that must have taken place on the face of Earth—gigantic heaves and bubblings on the surface, exploding volcanoes, and flowing lava covering everything in sight.
• Finally, the iron in the center accumulated as the core. Around it, a thin but fairly stable crust of solid rock formed as Earth cooled.
• Depressions in the crust were natural basins in which water, rising from the interior of the planet through volcanoes and fissures, collected to form the oceans. Slowly, Earth acquired its present appearance.
• Earth, along with the other planets, is believed to have been born 4.5 billion years ago as a solidified cloud of dust and gases left over from the creation of the Sun.
• For perhaps 500 million years, the interior of Earth stayed solid and relatively cool, perhaps 2,000°F.
• The main ingredients were iron and silicates, with small amounts of other elements, some of them radioactive.
• As millions of years passed, energy released by radioactive decay—mostly of uranium, thorium, and potassium—gradually heated Earth, melting some of its constituents.
• The iron melted before the silicates, and, being heavier, sank toward the center.
• This forced up the silicates that it found there.
• After many years, the iron reached the center, almost 4,000 mi deep, and began to accumulate. No eyes were around at that time to view the turmoil that must have taken place on the face of Earth—gigantic heaves and bubblings on the surface, exploding volcanoes, and flowing lava covering everything in sight.
• Finally, the iron in the center accumulated as the core. Around it, a thin but fairly stable crust of solid rock formed as Earth cooled.
• Depressions in the crust were natural basins in which water, rising from the interior of the planet through volcanoes and fissures, collected to form the oceans. Slowly, Earth acquired its present appearance.
Computer is an electronic device that is designed to work with Information. The term computer is derived from the Latin term ‘computare’, this means to calculate or programmable machine. Computer cannot do anything without a Program. It represents the decimal numbers through a string of binary digits. The Word 'Computer' usually refers to the Center Processor Unit plus Internal memory.
Charles Babbage is called the "Grand Father" of the computer. The First mechanical computer designed by Charles Babbage was called Analytical Engine. It uses read-only memory in the form of punch cards.
Computer is an advanced electronic device that takes raw data as input from the user and processes these data under the control of set of instructions (called program) and gives the result (output) and saves output for the future use. It can process both numerical and non-numerical (arithmetic and logical) calculations.
A computer is an electronic machine, capable of performing basic operations like addition, subtraction, multiplication, division, etc. The computer is also capable of storing information, which can be used later. It can process millions of instructions in a few seconds and at the same time with high accuracy. Hence a computer can be defined as an automatic electronic machine for performing calculations or controlling operations that are expressible in numerical or logical terms. Computers are very accurate and save time by performing the assigned task very fast. They don’t get bored.
Advertising is a form of marketing communication used to promote or sell something, usually a business's product or service.
The word advertising comes form the latin word "advertere meaning” to turn the minds of towards". Some of the definitions given by various authors are:
According to William J. Stanton, "Advertising consists of all the activities involved in presenting to an audience a non-personal, sponsor-identified, paid-for message about a product or organization."
According to American Marketing Association "advertising is any paid form of non-personal presentation and promotion of ideas, goods and services by an identified sponsor".
Advertising is used for communicating business information to the present and prospective customers. It usually provides information about the advertising firm, its product qualities, place of availability of its products, etc. Advertisement is indispensable for both the sellers and the buyers. However, it is more important for the sellers. In the modern age of large scale production, producers cannot think of pushing sale of their products without advertising them. Advertisement supplements personal selling to a great extent. Advertising has acquired great importance in the modern world where tough competition in the market and fast changes in technology, we find fashion and taste in the customers.
Agriculture in developing countries must undergo a significant transformation in order to meet the related challenges of achieving food security and responding to climate change. Projections based on population growth and food consumption patterns indicate that agricultural production will need to increase by at least 70 percent to meet demands by 2050. Most estimates also indicate that climate change is likely to reduce agricultural productivity, production stability and incomes in some areas that already have high levels of food insecurity. Developing climate-smart agriculture is thus crucial to achieving future food security and climate change goals. This seminar describe an approach to deal with the above issue viz. Climate Smart Agriculture (CSA) and also examines some of the key technical, institutional, policy and financial responses required to achieve this transformation. Building on cases from the field, the seminar try to outlines a range of practices, approaches and tools aimed at increase the resilience and productivity of agricultural product systems, while also reducing and removing emissions. A part of the seminar elaborates institutional and policy options available to promote the transition to climate-smart agriculture at the smallholder level. Finally, the paper considers current gaps and makes innovative suggestion regarding the combined use of different sources, financing mechanism and delivery systems.
Agriculture in developing countries must undergo a significant transformation in order to meet the related challenges of achieving food security and responding to climate change. Projections based on population growth and food consumption patterns indicate that agricultural production will need to increase by at least 70 percent to meet demands by 2050. Most estimates also indicate that climate change is likely to reduce agricultural productivity, production stability and incomes in some areas that already have high levels of food insecurity. Developing climate-smart agriculture is thus crucial to achieving future food security and climate change goals. This seminar describe an approach to deal with the above issue viz. Climate Smart Agriculture (CSA) and also examines some of the key technical, institutional, policy and financial responses required to achieve this transformation. Building on cases from the field, the seminar try to outlines a range of practices, approaches and tools aimed at increase the resilience and productivity of agricultural product systems, while also reducing and removing emissions. A part of the seminar elaborates institutional and policy options available to promote the transition to climate-smart agriculture at the smallholder level. Finally, the paper considers current gaps and makes innovative suggestion regarding the combined use of different sources, financing mechanism and delivery systems.
“Growth with Social Justice” has been the basic objective of the development planning in India since independence.In order to achieve these objectives,Government of India has launched several welfare schemes and programme for needy section of society. Different segment of population got benefitted by these welfare schemes, which have led to significant changes. Some of these changes are distinctly visible – especially in the economic sphere with the adoption of new technologies, diversified production, and sophisticated management. Changes have also taken place in the social sphere – with affirmative action for disadvantaged communities and with women enjoying by and large more freedoms than ever before. This seminar attempts to critically analyze the welfare efforts in India and how the changes occur over a period of time in these welfare programmes with special focus on poverty alleviation programme and women empowerment programmes.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
1. Page15
RBI
1. Origin of RBI. Who is the current governor, whom did he replace?
2. RBI vs SEBI vs IRDA: Name of their main bosses, Who controls
what? NBFCs, MFI, Gold Loans, ULIP, Mutual funds etc.
3. powers functions of RBI
4. How does RBI control the money supply?
5. Open market operations, MSF, liquidity adjustment facility
6. SLR, CRR, Repo, Reverse repo, bank rate
7. Priority sector lending: and its subsectors. How do they apply to
Domestic bank vs foreign bank?
8. Currency chest, Mint and press. Who signs coins and currency?
9. Measures of money supply
10. Foreign exchange management, components of forex reserves,
approx. forex under RBI. Powers under FERA/FEMA, Tarapore
Committee on capital account convertibility
11. Banking regulation act and its recent amendment
12. Banking reform, Banking License, Narsimhan, BASEL.
Banks: Basics
1. What is bank? What are its functions? how is it different from an
NBFC/NBFC-factor, Post-office savings, Chit Fund, Nidhi etc?
2. Types of banks: commercial banks, regional rural banks, cooperative
banks, investment banks, development banks etc.
3. What is a Scheduled commercial bank?
4. Public sector versus private sector banks. Where does RTI apply?
5. IDBI, ICICI, IFCI, SIDBI, EXIM, NHB etc.
6. Bank nationalization, mergers and consolidations.
7. Names of chairman/CMD of big banks.
8. Basic GK related to banks: first commercial bank in India, first bank
setup by Indians, origin of SBI/ICICI, subsidiaries of SBI, etc.
Banking services
1. Assets, liabilities and working capital of a bank.
2. Demand liabilities vs time liabilities
3. Banker’s rights (lien). Know your customer (KYC) norms, Adhar
Card enabled payment, Money laundering, Benami transections
4. Types of Bank customers and provisions related to them:
5. Minor-Guardian, partnership firms
6. HUF and karta
7. NRI, PIO
8. joint account holders
9. Married Women
10. partnership firm accounts
11. public/private companies
12. trusts and cooperatives
13. Types of bank accounts and their features:
14. current account, savings account
15. term deposit account, fixed deposit,
16. PPF, senior citizen’s account
17. NRE-rupee account, FCNR account, RFC, EEFC, escrow account
18. Allied topic: post office savings account and National savings
certificate
19. Unclaimed/dormant accounts, RBI provision for them, Death of
customer, insolvent customer, liquidation, Garnishee orders
2. Page15
20. Types of negotiable instruments: bank draft, bank check, promissory
note, warehouse receipt, Treasury bills etc.
21. Cheque:
22. order/bearer/travel/bankers cheque
23. endorsement, cheque-crossing,
24. post-dated cheque, what if cheque-date is invalid (31st Feb) or
holiday (2nd Oct)?
25. when Bank should not pay, cheque-dishonor (cheque-bouncing)
26. MICR, Cheque truncation, new CTS-system
27. Note refund rule, clan note-policy
28. demand drafts, telegraphic transfers, safe deposit lockers
29. ATM: PIN, HWAK, White Label ATM, third party ATM
30. Debit card, credit card, smart card
31. Mobile Banking, personal banking, tele-banking, corporate banking
32. Online banking:
33. NEFT, RGTS, EFTS, Bankwire, E-commerce
34. networking among banks: INDONET, BankNET, RBINET, SWIFT,
Point of Sale (POS) terminal
35. core-banking solutions
36. Electronic signature and Information Technology Act
37. Loans
38. different type of loan products,
39. Subprime lending
40. mortgage, reverse mortgage, collaterals, stamp duty on loan
documents
41. lien, set-off
42. Priority sector lending: and its subsectors. How do they apply to
Domestic bank vs Foreign bank?
43. bank guarantee, letters of credit
44. Banking Ombudman: powers functions, appeal structure and
Consumer courts
45. Bancassurance, cross-selling, universal / narrow / retail banking
Rural banking
1. RBI vs NABARD
2. Rural infrastructure development fund (RIDF) and budget-2013
allocation for RIDF
3. financial inclusion and various government schemes associated with
it (covered in my economic survey summaries, available on
mrunal.org/economy)
4. regional rural banks, their amalgation
5. cooperative banks
6. micro-finance institutions (MFI)
7. primary agricultural credit Society
8. Banking correspondent agents (covered in my article)
9. lead bank scheme, local area banks, service area approach
10. Kisan credit card, interest subvention on crop-loans
Bad Loans
1. What is NPA?
2. Gross NPA versus net NPA
3. Asset classification under NPA (substandard/doubtful/loss)
4. Current figure of NPA? Which bank has highest NPA?
5. Capital adequacy norms, hypothecation
3. Page15
6. CIBIL and credit rating
7. SARFAESI Act and its recent amendment
8. asset reconstruction companies
9. Debt recovery tribunals.
10. Lok Adalats
11. Industrial sickness
12. Board for industrial and financial Reconstruction
International banking
1. Bretton Woods
2. World Bank
3. IMF: SDR, voting rights
4. Who are the Main boss of IMF, World Bank, ADB?
5. BASEL
6. bank for International settlement
7. Asian clearing union
8. Islamic Banking
9. ADR, GDR, IDR
Q. RBI related
1. Which of the following is a correct statement?
a) State Bank of India is the sole authority to issue and manage
currency in India.
b) A nationalised bank is the sole authority to issue and manage
currency in India.
c) A cooperative bank is the sole authority to issue and manage
currency in India.
d) RBI is the sole authority to issue and manage currency in
India.
e) None of these
2. By increasing repo rate, the economy may observe the following
effects:
a) Rate of interest on loans and advances will be costlier
b) Industrial output would be affected to an extent
c) Banks will increase rate of interest on deposits
d) Industry houses may borrow money from foreign countries
e) All of these
3. Which of the following is NOT a function of the Reserve Bank
of India?
a) Fiscal Policy Functions
b) Exchange Control Functions
c) Issuance, Exchange and destruction of currency notes
d) Monetary Authority Functions
e) Supervisory and Control Functions
4. Interest payable on savings bank accounts is
a) Not regulated by RBI.
b) Regulated by State Governments.
c) Regulated by Central Government.
d) Regulated by RBI.
e) Regulated by Finance minister.
Q. Bank Nationalisation / types of banks related
1. Nationalization of banks aimed at all of the following except
4. Page15
a) Provision of adequate credit foragriculture, SME & exports
b) Removal of control by a few capitalists
c) Provision of credit to big industries only
d) Access of banking to masses
e) Encouragement of a new class of entrepreneurs
2. Axis Bank is a
a) Public Sector bank
b) Private Sector Bank
c) Co-operative Bank
d) Foreign Bank
e) Gramin Bank
Q. Banking services
1. Which of the following statements is true?
a) Banks cannot accept demand and time deposits from public.
b) Banks can accept only demand deposits from public
c) Banks can accept only time deposits from public
d) Banks can accept both demand and time deposits from public.
e) Banks can accept demand and time deposits only from
government.
2. With reference to a cheque which of the following is the ‘drawee
bank’?
a) The bank that collects the cheque
b) The payee’s bank
c) The endorsee’s bank
d) The endorser’s bank
e) The bank upon which the cheque is drawn
3. Which one of the following is a retail banking product?
a) Home Loans
b) Working capital finance
c) Corporate term loans
d) Infrastructure financing
e) Export Credit
4. A money deposit at a bank that cannot be withdrawn for a preset
fixed of time is known as a
a) Term deposit
b) Checking Account
c) Savings Bank Deposit
d) No Frills Account
e) Current Deposit
Q. online banking related
1. An ECS transaction gets bounced and you are unable to recover your
money from your customer. Under which Act criminal action can be
initiated?
a) Indian Penal Code
b) Negotiable Instruments Act
c) Criminal Procedure Code
d) Payment and Settlements Act
e) Indian Contract Act
2. Upper limit prescribed for RTGS transaction is
a) Rs. 1 lac
b) Rs. 2 lacs
5. Page15
c) Rs. 5 lacs
d) Rs. 50 lac
e) No upper limit is prescribed
3. NEFT means
a) National Electronic Funds Transfer system
b) Negotiated Efficient Fund Transfer System
c) National Efficient Fund Transfer Solution
d) Non Effective Funds Transfer System
e) Negotiated Electronic Foreign Transfer System
Q. ombudsman related
1. Mr. Rajendra had filed a complaint with Banking Ombudsman but is
not satisfied with the decision. What is the next option him for
getting his matter resolved?
a) Write to the CMD of the Bank
b) File an appeal before the Finance Minister
c) File an appeal before the Banking Ombudsman again
d) File an appeal before the Dy. Governor RBI
e) Simply close the matter as going to court involves time and
money
2. Banking Ombudsman Scheme is applicable to the business of
a) All scheduled commercial banks excluding RRBs
b) All scheduled commercial banks including RRBs
c) Only Public Sector Banks
d) All Banking Companies
e) All scheduled banks except private banks
Banking Awareness (Current Affairs)
for this, you’ve to keep an eye on the newspapers + monthly current affairs
in magazines. Main focus areas:
• RBI’s monetary policy and key rates
• Any committee made by RBI/government for Banking sector. Who
is its chairman and what is the purpose?
• Any new directives to banks by RBI/Finance Ministry
• Person in News: Any new appointments in RBI/Big Banks, Any
Indian being appointed in foreign banks
• Banking license, entry of foreign banks.
• When a big bank launches a new product
• Government schemes associated with financial
inclusion/pension/insurance: swabhiman, swavalamban etc.
Observe the sample questions from previous IBPS PO exams, this will give
you an idea on what type of information to focus on, while reading current
affairs.
1. Finance Ministry has asked the Reserve Bank of India to allow
common ATM’s that will be owned and managed by non-banking
entities hopping to cut transaction costs for banks. Such ATM’s are
known as
a) Black Label ATM’s
b) Offsite ATM’s
c) On site ATM’s or red ATM’s
d) Third party ATM’s
e) White label ATM’s
2. The committee on review of National Small Saving Fund (NSSF)
was headed by
6. Page15
a) Dr. C. Rangarajan
b) Mr. U.K. Sinha
c) Dr. Y.V. Reddy
d) Mrs. Shyamala Gopinath
e) Dr. Usha Thorat
3. Who is the chairman of the committee constituted by RBI to study
Issues and Concerns in the Micro Finance Institutions (MFI) Sector?
a) YH Malegam
b) Dr KC Chakraborty
c) C Rangrajan
d) M Damodaran
e) Smt Usha Thorat
4. Which of the following states became the first state in the country to
launch RBI’s e-payment system for commercial tax payers?
a) Andhra Pradesh
b) Kerala
c) Gujarat
d) Maharashtra
e) Karnataka
5. As per revised RBI Guidelines, Provision on secured portion of loan
accounts classified as Doubtful Assets for more than one year and
upto 3 (three) years is to be made at the rate of
a) 15%
b) 20%
c) 40%
d) 25%
e) 30%
6. Which of the following banks is headed by a woman CEO
a) Bank of Baroda
b) HDFC Bank
c) Central Bank of India
d) Punjab National Bank
e) ICICI Bank
7. Who among the following has been appointed as a director on board
of Bank of America-the first non-American on the board of the one
of the largest financial institutions in the world?
a) Azim Premji
b) Ratan Tata
c) Mukesh Ambani
d) KV Kamath
e) Chanda Kochar
Economy (Theory)
Although in previous IBPS exams, within economy they gave more emphasis
on current affairs over theory portion. But still, You must get a good grasp
over basic concepts of economy. Because of following reasons
For the interview / group discussion stage of banks/IIMs/State PCS/UPSC
exam, you’ll have to prepare current affairs related to Economy, particularly
downfall of rupee, current account deficit, petroleum pricing, FDI etc.
For that ^that, you’ll have to read newspapers and news columns, but those
people write articles with assumption that reader already knows the basic
theory! So, if you don’t know the theory, you’ll find those articles
boring/difficult to grasp=> shallow answers during interview/GD=low
marks=no selection or lower rank.
7. Page15
Here is the list of minimum topics that should be prepared from Economy
Theory / static portion
Basic
1. Basic terms: GDP, NDP, GNP, NNP, recession, purchasing power
parity etc.
2. Three types of Economies: Capitalism, Socialist, communism + LPG
reforms of India
3. human development index
4. millennium development goals
Indian Economy
5. Planning commission, National development Council, five-year
plans, main targets of 12 five-year plan.
6. 14th Finance commission and who is its chairman?
7. Inflation: types, impact, various terms associated with inflation WPI,
CPI, their new series, who calculates what?
8. IIP, industrial licensing, definition of MSME, items reserved for
SSI,
9. public sector undertaking, disinvestment
Finance
10. Money market vs capital market: functions, who supervises them?
11. Commercial bills, Treasury bills, certificate of deposit, commercial
paper
12. Derivatives, options-futures, currency swaps,
13. underwriting, factoring
14. debt vs equity: IPO-shares, stocks, debentures, bonds, mutual funds
(+NAV), G-sec
15. venture capital, angel investor
16. SEBI: functions, who is their main boss?
17. Stock Exchange: BSE, NSE, SENSEX, Dollex etc.
18. Credit rating: CRISIL, Moody, S&P etc.
19. participatory notes, QFI, FII
20. FDI and its limits in various sectors, FIPB
21. PAN card and DEMAT account
22. external commercial borrowing (ECB), ADR, GDR, IDR
Budget
23. Taxation:
• direct vs indirect. taxation powers of union and state
• tax deduction at source
• tax slabs
• negative list in service tax
• PAN Card, E-filling of tax returns
• Basics of VAT, GST
24. types of budgets: surplus, deficit, balanced
25. votable vs non-votable items
26. Finance Bill and appropriation Bill
27. cut motions: policy cut, economy cut, token cut
28. general budget versus railway budget
29. revenue versus capital expenditure
30. standing committees of Parliament
31. types of deficits, FRBM targets
32. fiscal deficit and its impact on economy
8. Page15
33. Consolidated fund, contingency fund, public account
Insurance
34. Types of insurance
35. Nationalization, LIC, GIC etc.
36. IRDA: chairman, power-functions
37. NPS, EPFO, ESIC, social security
38. pension-insurance reforms, FDI
39. Bancassurance
Foreign trade
40. current account, capital account, balance of trade, balance of
payment
41. rupee convertibility
42. currency devaluation, appreciation
43. GATT, WTO
44. FERA, FEMA
45. NEER, REER
Sample questions from previous papers
1. Financial inclusion means provision of
a) Financial services, namely, payments, remittances, savings, loans
and insurance at affordable cost to persons not yet given the same.
b) Ration at affordable cost to persons not yet given the same.
c) House at affordable cost to persons not yet given the same.
d) Food at affordable cost to persons not yet given the same.
e) Education at affordable cost to persons not yet given the same.
2. When the rate of inflation increases
a) purchasing power of money increases
b) purchasing power of money decreases
c) value of money increases
d) purchasing power of money remains unaffected
e) amount of money in circulation decreases
3. When there is a difference between all receipts and expenditure of
the Govt. of India, both capital and revenue, it is called
a) Revenue Deficit
b) Budgetary Deficit
c) Zero Budgeting
d) Trade Gap
e) Balance of payment problem
4. Which of the following is not considered a money market
instrument?
a) Treasury bills
b) Repurchase Agreement
c) Commercial Paper
d) Certificate of Deposit
e) Shares and bonds
Economy: Current Affairs
• Main focus should be on Union Budget 2013 + Economic survey.
• The summary of all Economic survey chapters=available on
Mrunal.org/economy. And in those summaries, I’ve also included
various government schemes, organizations, even the Human
development index.
• Budget-2013 “Numbers” related to Economy
9. Page15
For Budget-2013, you don’t have to prepare each and everything, just
focus on following areas
• Chindu’s Budget speech: (click me). look for major announcements
e.g. We are working with RBI and NABARD to bring all other
banks, including some cooperative banks, on Core Banking solution
and e-payment systems by 31.12.2013.
• Major highlights of Budget-2013 (click me)
• Income tax slabs
• peak rates of excise, service tax and custom duty
• Negative list of Service tax.
For “Numbers”, prepare following
• latest Estimates of GDP
• IIP, WPI, CPI: highest lowest in recent times.
• Repo rate, CRR, SLR, Bank rate: highest lowest in recent times.
• Rupee vs dollar: highest lowest in recent times.
• fiscal deficit, current account deficit
• latest FDI limits in various sectors
• top-5 items in export and import
• excise, service tax, income tax, custom duty (highest to lowest in
terms of income to government)
For remaining current affair related matters e.g. US/EU economic
problems, measures taken by government to boost investment/GDP, curb
current account deficit / gold consumption etc.
• Economy section under any one Monthly current affairs magazine
AND/OR
• economy related news within monthly updates of
Competitionmaster.com
• +keep a habit of reading English newspaper on daily basis, it’ll help
you in reading comprehension, general awareness and interview.
Q. US/EU related
Almost all the major economies of the world had reacted sharply on the issue
of the USA’s ceiling limit on its debt. Why was the issue so important for
other nations, which otherwise was an internal matter for the USA?
1. The Senate’s decision on the issue might have caused the US dollar
to weaken further or get strengthened in international markets.
2. Weakening of the dollar might have pushed up Euro and other major
currencies up and some European countries which were already in
trouble would have faced a new crisis.
3. Debt limit was directly related to liquidity position of banks in USA.
answer choices
a) Only (A)
b) Only (B)
c) Only (A) and (B) both
d) Only (B) and (C) both
e) All (A), (B) and (C)
Q. Foreign Trade related
The present Foreign Trade policy of India will continue till
a) December 2012
b) March 2013
c) March 2014
d) June 2013
10. Page15
e) December 2014
The Govt. of India recently decided to lift the four-years- old ban on export
of wheat. What was the reason for the same?
a) India had a bumper crop of wheat during last two years. Hence it has
excess stock of wheat.
b) As per the Food Security Act, India is bound to provide 10 million
tones of wheat to World food grain stock every year. India defaulted
last year. This year it does not want to be one.
c) As advised by the Supreme Court of India, the money received from
export should be used to pay subsidy to the farmers.
Answer Choices
1. Only(B)
2. Only (A)
3. Only (C)
4. Both (A) and (B)
5. All (A), (B) and (C)
Q. Govt schemes
1. Which of the following schemes of the Govt. of India has provided
electrically to 99000 villages and total 1.7 crore households uptill
now?
a) Kuti Jyoti
b) Rajiv Gandhi Grameen Vidyutikaran Yojana
c) Bharat Nirman
d) PURA SEWA
2. Which of the following schemes is launched to provide pension to
people in unorganized sectors in India?
a) Swabhiman
b) Jeevan Dhara
c) Jeevan Kalyan
d) ASHA
e) Swavalamban
Q. Government Policies to boost investment/GDP
3. The Govt. of which of the following states has agreed to give captive
mines of iron- ores to all the companies who are willing to establish
plants there?
a) West Bengal
b) Odisha
c) Jharkhand
d) Bihar
e) Karnataka
4. POSCO is in the process of establishing its plants in India. What
does the letter ‘P’ denote in the name POSCO?
a) Popular
b) Pallin
c) Pohang
d) Paradeep
e) Peterburg
5. In order to attract more foreign exchange the Govt. of India decided
to allow foreign investment in LLP firms. What is full form of
“LLP” as used in this reference?
a) Local Labour Promotion
b) Low Labour Projects
c) Limited Loan Partnership
11. Page15
d) Longer Liability Partnership
e) Limited Liability Partnership
International Affairs (IA)
For CDS, CAPF, IBPS= “international-affairs’ is a common topic. Even at
interview stage, you might come across questions from here. The Cost:
benefit is quite good, if you focus on the right areas.
Although IA+Polity current had less questions than Misc.GK in previous
IBPS PO Exams, but I put them at higher place in this priority order. Why?
The cost: benefit of IA+Polity current is higher than Misc.GK (in terms of
amount of data to be memorized, to solve one MCQ in the actual exam.)
You’ll have to prepare current affairs related to IA+Polity for the interview
anyways, while Misc.GK loses significance @interview stage.
Reference source for IA
• International Affairs section under any one Monthly current affairs
magazine (PRatiyogita, CST etc) AND/OR
• Monthly updates of Competitionmaster.com
• +keep a habit of reading English newspaper on daily basis, it’ll help
you in reading comprehension, general awareness and interview.
Areas to focus?
• PIN (Persons in news) : election of new PM/Prez. in any country.
Heads of main international organizations.
• Places in news: where some summit/controversial event happened.
• Recent summits of ASEAN, SAARC, G-8 etc. Location and theme.
• bilateral visits and agreements
• Pravasi Bharatiya Divas, new Schemes related to NRIs
• Any recent controversies: Snowden, Wikileaks, Syria, Egypt etc.
^Don’t do Ph.D, just focus on persons/places in news and main
reason(s)/features.
Observe the following questions that were asked in previous IBPS PO
exams, it’ll give you an idea on what type of information you should be
focusing on, while reading about international affairs.
Q. Bilateral visits
The Home Minister of India was recently on a visit to Bangladesh, where
both the countries signed a Coordinated Border Management Plan (CBMP).
What are the major points of this agreement?
a) The plan will help in resolving the long-pending border dispute
between both the nations.
b) The head count of the people living in enclaves on the border will be
completed within next six months’ time.
c) India assured that no BSF Jawan will open fire on the people
crossing the borders unless there is an attack on them.
answer choices
1. Only (A)
2. Only (B)
3. Only C
4. All (A), (B) and (C)
5. Both (A) and (C)
The President of India was recently on a visit to South Korea and Mongolia.
During her visit some agreements were signed by both the countries. Which
of the following was a common area on which India signed agreements with
South Korea and Mongolia both?
1. Peaceful use of Nuclear energy
2. Export of edible oil toSouth Korea and Mongolia
3. Providing technical help to become self-sufficient in production of
food grains
12. Page15
4. Willingness of both the countries to support India’s bid to have
permanent seat in UN Security Council
5. To hold Olympic games in 2022 in New Delhi jointly with South
Korea and Mongolia
Q. Controversy related
Which of the following was the issue over which India decided to vote
against Sri Lanka in the meeting of one of the UN governed bodies/agencies?
1. Violations of human right in Sri Lanka
2. Allowing China to establish a military based in India ocean
3. Issue of subsidy on agricultural products in the meeting of the WTO
4. Allowing part of Sri Lanka to become an independent country
governed by LTTE
5. Sri Lanka’s claim to become a permanent member of UN Security
Council
The president of which of the following countries was accused of violation of
“War Powers Act” of his country when he decide to attack Libya with other
NATO countries in June 2011?
1. USA
2. France
3. Germany
4. Spain
5. Italy
What was the reason owing to which Enrica Lexie, an Italian ship was
detained by the Port Authorities in Kerala and was brought to Cochin port for
inspection and search?
1. It was carrying objectionable material
2. It was involved in sea piracy
3. It was detained as the crew killed two Indian fishermen
4. The ship started sailing without making payments of iron ore it
loaded
5. It was detained as it was dumping nuclear waste in deep sea
Q. International Places in News
The 10th Basic Ministerial Meeting on Climate Change was organized in
February 2012 in
1. Tokyo
2. Beijing
3. Manila
4. Moscow
5. New Delhi
The Golden Jubilee of Afro-Asian Rural Development organization was
organized in which of the following places in March 2012?
1. Dhaka
2. Tokyo
3. Cairo
4. Kuala Lampur
5. New Delhi
Q. International Persons in news (PIN)
Angela Merkel was recently in India to receive Jawaharlal Nehru Award for
International Understanding for the year 2009. What has been her
contribution to international politics which made her the ‘Best Choice’ for
the award?
a) She played a major role in restarting negotiations between Russia
and USA on ‘START’.
13. Page15
b) She initiated ‘Health Care Reforms’ in Germany and solved
problems related to ‘future energy development.’
c) She played a crucial role in negotiation of the Treaty of Lisbon’ and
Berlin declaration.
Answer choices
1. Only (B) and (C)
2. Only (A) and (B)
3. Only (C)
4. Only (A) and (C)
5. None of these
Who among the following was the Chief Guest at the three-day Pravasi
Bharatiya Divas function held in January 2012?
1. Kamla Persad — Bissessar
2. Ram Baran Yadav
3. Lakshmi Mittal
4. Salman Rushdie
5. Benjamin Netanyahu
Which of the following countries recently conferred its Highest State Honour
on Late Mrs Indira Gandhi for her contribution in its ‘Liberation war’?
1. South Sudan
2. Bangladesh
3. Bhutan
4. Slovakia
5. Croatia
Yingluck Shinawatra won recently held election to become first PM of
1. Myanmar,
2. S.Korea
3. Thailand
4. N.Korea
5. none of Above
Polity Current affairs
In past exams, 2-3 questions appeared from polity related current affairs. but
still cost-benefit is good, just pay attention to key areas within newspaper,
magazines and you’ll be able to solve those MCQs effortlessly.
Areas to focus (Don’t do Ph.D, just keep an eye on following topics)
• PIN: new CM (particularly North East and those who won multiple
times), New CAG/EC/CJI etc.
• SC judgments/ scams / controversies
• Bills/amendments/acts
• committees, scams
• Observe the questions from past exams
Q. Polity current: controversy related
The Lokayukta of which of the following States had submitted a report on
illegal mining of iron ore in the State?
1. Andhra Pradesh
2. Tamil Nadu
3. Karnataka
4. Odisha
5. None of these
Which of the following agencies/ organizations recently gave ‘go-ahead’
verdict to India’s one of the most controversial project of inter linking rivers?
(some of the rivers are international rivers)
14. Page15
1. UN Food and Agriculture Organization
2. World Meteorological Organization
3. International Court of Justice
4. Central Water Commission
5. Supreme Court of India
Q. Polity: persons/places in news
Who among the following has become the chief Minister of a State in India
for third consecutive term?
1. Tarun Gogoi
2. Nitish Kumar
3. J Jayalalitha
4. Mamta Banerjee
5. None of these
‘Gorkhaland Council’, which was recently in news, is a body set up for
administration of which of the following Districts?
1. Siliguri
2. Bagdogra
3. Malda
4. Darjeeiing
5. Gangtok
Q. Polity: Acts/bills/amendments related
Which of the following acts is vogue in India is against the thinking of
raising school fee as per demand of the market forces?
1. Prevention of Corruption Act
2. Child Labour (Prohibition & Regulation) Act
3. Sharda Act
4. Right to Education Act
5. MG National Rural Employment Guarantee Act
As per the provisions in the Food Security Bill – 2011, per month how much
food grain should be given to each person of the target group?
1. 5 kg
2. 7 kg
3. 9 kg
4. 10 kg
5. 20 kg
Misc.GK: Filler topics
If you’re preparing for CAPF, CDS, State PCS or SSC, you’ll definitely
come across good number of questions on geography, census, defense, and
science-tech. But for IBPS, they’re only using these topics as filler material.
Hence cost: benefit = not good and therefore I put them under Misc.GK.
But still while you’re reading newspaper/magazine, doesn’t hurt keeping an
eye on following. Here are samples from previous IBPS PO exams.
GEOGRAPHY
1. The world’s highest “Rail Bridge” is being constructed in the state of
Jammu & Kashmir. This bridge will be on which of the following
rivers?
2. Jhelum
3. Chenab
4. Indus
5. Ravi
6. None of these
CENSUS
15. Page15
Which of the following statements containing results of India’s recent
Census is not correct?
1. Kerala has about 94% literacy, the highest in India.
2. The sex ratio in India is 940.
3. Male literacy is lower than female literacy in seven most developed
states.
4. Uttar Pradesh is the most populous State in India.
5. The population of India has increased by 181 million during the
decade 2001-2011.
DEFENSE
‘Akula-11′ Class ‘K-152 Nerpa’ was inducted in Indian Navy recently. These
are
1. Aircrafts
2. Radar System
3. Submarines Missiles
4. Warship
5. Submarines
SCI-TECH/NUKE
As per newspaper reports, India is planning to use ‘SEU’ as fuel in its 700
MV nuclear reactors being developed in new plans. What is full form of
‘SEU’ as used here?
1. Safe Electrical Units
2. Small Electrical Units
3. Slightly Enriched Uranium
4. Sufficiently Enriched Units
5. Safely Enriched Uranium
Observe the sample questions from previous exams:
Person in News (PIN)/Awards
Which of the following awards was conferred upon Late Mario De Miranda
(Posthumously) in January 2012?
1. Padma Vibhushan
2. Bharat Ratna
3. Kalidas Samman
4. Saraswati Samman
5. Padmashri
Which of the following films was not directed by Manikaul, who died
recently?
1. 3 Idiots
2. Ghashiram Kotwal
3. Uski Roti
4. Dividha
5. Ashadh Ka Ek Din
Ranbir Kapoor was awarded Best Actor in 47th Filmfare Award Function for
his performance in
1. No One Killed Jessica
2. Stanley Ka Dabba
3. 7 Khoon Maaf
4. Rockstar
5. Zindagi Na Milegi Dobara
Books-Authors
Who among the following is the author of the book ‘Birbasan’?
1. Mahashweta Devi
2. Taslima Nasreen
16. Page15
3. Sunil Gangopadhyay
4. Vikram Seth
5. Kiran Desai
Who among the following is the winner of Man Booker Prize 2011?
1. Andrea Levy
2. Nicola Barker
3. TomMcCarthy
4. Linda Grant
5. Philip Roth
Sports: Location
National Table Tennis Championship was organized in January 2012 in
1. Mumbai
2. Delhi
3. Hyderabad
4. Luck now
5. Jaipur
The 5th Asian Indoor Athletics Championship was organized in February
2012 in
1. Bangladesh
2. India
3. Qatar
4. China
5. South Korea
Sports: Winner/loser
Who among the following Indian Lawn Tennis player won a Doubles of
Australian Open 2012?
1. Mahesh Bhupati
2. Kamlesh Mehta
3. Leander Paes
4. Samoa Mirza
5. Achanta Sarath Kamal
Japan won the women’s Football World Cup 2011 by defeating
1. England
2. Germany
3. Argentina
4. USA
5. China
What among the following was the Captain of the Australian Team which
played 5 Test matches against India in January 2012 and won all of them?
1. Ricky Pointing
2. Michael Clarke
3. Nathan Lyon
4. Stuart Clark
5. Andrew Symonds
Who amongst following won the Wimbledon Men’s final 2011, which was
also his first Wimbledon Title?
1. Rafael Nadal
2. Novak Djokovic
3. Robert Bruce
4. Lleyton Hewitt
17. Page15
5. None of above.
Computer Awareness- Topicwise Breakup
Topic IBPS CWE PO/MT 2012 2011
MS Office 15 6
OS/software basics 5 8
Internet/network 14 13
virus/security 1 3
hardware 6 14
programming 6 5
database 3 1
total 50 50
^For 2013’s exam, there will be only 20 marks from Computer awareness.
Priority areas:
• Within MS Office: Excel, PowerPoint, and Outlook. Important: IBPS
asks questions about MS-offce 2007 and onwards (i.e. tabs-
interface.) Good news is NIOS material covers that portion.
• Internet, Email, Webpage related
• Within hardware: types of computers, hardware used in networking
& internet
Reference?
IF you already have a book for Computer awareness from Kiran, Arihant etc.
well and good. Revise it often and solve the mock questions given in it.If you
don’t have any book, there is no need to specially purchase any book because
the (free) NIOS study material for computer awareness is available for free.
Click me to Download.
Solve the computer awareness questions from previous years’ Bank PO
questions papers.
Let’s look at some sample questions from previous years’ IBPS PO papers
MS Office
To find the Paste Special option, you use the Clipboard group on the tab of
PowerPoint.
1. Design
2. Slide Show
3. Page Layout
4. Insert
5. None
In Power Point, the Header & Footer button can be found on the Insert tab in
what group ?
1. illustrations group
2. Object group
3. Text group
4. Tables group
5. None of these
The letter and number of the intersecting column and row is the
1. cell location
2. cell position
3. cell address
4. cell coordinates
5. Cell contents
______ in Excel allows users to bring together copies of workbooks that
other users have worked on independently.
1. Copying
2. Merging
18. Page15
3. Pasting
4. Compiling
5. None of these
Q. OS/Software basics
Which of the following software could assist someone who cannot use their
hands for computer input?
1. Video conferencing
2. Speech recognition
3. Audio digitizer
4. Synthesizer
5. None of these
____ software creates a mirror image of the entire hard disk, including the
operating system, applications, files, and data.
1. Operating system
2. Backup software
3. Utility programs
4. Driver imaging
5. None of these
What is the name given to those applications that combine text, sound,
graphics, motion video, and/or animation ?
1. motionware
2. anigraphics
3. videoscapes
4. multimedia
5. maxomedia
You can keep your personal files/folders in
1. My folder
2. My Documents
3. My Files
4. My Text
5. None of these
Q. Internet/Email/Networks
____ allows users to upload files to an online site so they can be viewed and
edited from another location.
1. General-purpose applications
2. Microsoft Outlook
3. Web-hosted technology
4. Office Live
5. None of these
Fourth-generation mobile technology provides enhanced capabilities
allowing the transfer of both ____ data, including full-motion video, high-
speed Internet access, and videoconferencing.
1. video data and information
2. voice and nonvoice
3. music and video
4. video and audio
5. None of these
The method of Internet access that requires a phone line, but offers faster
access speeds than dial-up is the connection.
1. cable access
2. satellite access
3. fiber-optic service
19. Page15
4. Digital Subscriber Line (DSL)
5. modem
A USB communication device that supports data encryption for secure
wireless communication for notebook users is called a
1. USB wireless network adapter
2. wireless switch
3. wireless hub
4. router
5. None of these
Security
____ is a form of denial of service attack in which a hostile client repeatedly
sends SYN packets to every port on the server using take IP addresses.
1. Cybergaming crime
2. Memory shaving
3. Syn flooding
4. Software piracy
5. None of these
A person who uses his or her expertise to gain access to other people’s
computers to get information illegally or do damage is a
1. hacker
2. analyst
3. instant messenger
4. programmer
5. spammer
______are attempts by individuals to obtain confidential information from
you by falsifying their identity.
1. Phishing trips
2. Computer viruses
3. Spyware scams
4. Viruses
5. Phishing scams
Hardware
Different components on the motherboard of a PC unit are linked together by
sets of parallel electrical conducting lines. What are these lines called?
1. Conductors
2. Buses
3. Connectors
4. Consecutives
5. None of these
Which part of the computer is used for calculating and comparing ?
1. ALU
2. Control unit
3. Disk unit
4. Modem
5. None of these
Reusable optical storage will typically have the acronym
1. CD
2. DVD
3. ROM
4. RW
5. ROS
20. Page15
Which ports connect special types of music instruments to sound cards?
1. BUS
2. CPU
3. USB
4. MIDI
5. MINI
Q. Programming
A(n) _____ language reflects the way people think mathematically.
1. cross-platform programming
2. 3GL business programming
3. event-driven programming
4. functional
5. None of these
A(n) program is one that is ready to run and does not need to be altered in
any way.
1. interpreter
2. high-level
3. compiler.
4. COBOL
5. executable
A set of rules for telling the computer what operations to perform is called a
___
1. procedural language
2. structures
3. natural language
4. command language
5. programming language
A detailed written description of the programming cycle and the program,
along with the test results and a printout of the program is called
1. documentation
2. output
3. reporting
4. spec sheets
5. Directory
Database management related
____ is used by public and private enterprises to publish and share financial
information with eachother and industry analysts across all computer
platforms and the Internet.
1. Extensible Markup Language (EML)
2. Extensible Business Reporting Language (XBRL)
3. Enterprise Application Integration (EAI)
4. Sales Force Automation (SFA) software
5. None of these
Grouping and processing all of a firm’s transactions at one time is called
1. a database management system
2. batch processing
3. a real-time system
4. an on-line system
5. None of these
21. Page15
This first step in the transaction processing cycle captures business data
through various modes such as optical scanning or at an electronic commerce
website.
1. Document and report generation
2. Database maintenance
3. Transaction processing start-up
4. Data Entry
5. None of Above