Important Computer Awareness Capsule – IBPS RRB PO/Clerk www. ronaldweinland.info Important Abbreviations and Short forms for Bank Exams. eBook. A comprehensive e-book containing all important concepts related to the computer awareness for banking and government exams. Especially in bank exams, knowledge of computers is necessary to improve Complete Set of Computer Notes for Bank & SSC Exam in PDF in this article.
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Computer Awareness PDF: AC Computer Awareness PDF Capsule for banking exams, insurance exams and other government exams. The candidates who are preparing for Bank, Insurance, SSC and other government exams must download and study well below Computer Awareness PDF for competitive exams. These Computer awareness PDF for competitive exams will help you in recent exams like IBPS PO, IBPS Clerk, SBI PO. Computer Awareness or Computer Knowledge is an important part of Bank Exams. You can prepare the Computer Awareness section form our.
GK: Filler topics 7: Misc. Reasoning 2. English Language 3. Competitive exams are no different. So in the first round of preparation, you try to get a steel grip over following topics. Section 1. General Awareness Revision Essential 2.
How do they apply to Domestic bank vs Foreign bank? Banking Ombudman: powers functions, appeal structure and Consumer courts What is NPA? Which bank has highest NPA? Lok Adalats Industrial sickness Board for industrial and financial Reconstruction International banking 1.
RBI related 1. Which of the following is a correct statement? State Bank of India is the sole authority to issue and manage currency in India. A nationalised bank is the sole authority to issue and manage currency in India. A cooperative bank is the sole authority to issue and manage currency in India.
RBI is the sole authority to issue and manage currency in India. 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 Q. Nationalization of banks aimed at all of the following except a. 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 Q. Which of the following statements is true? Banks cannot accept demand and time deposits from public. 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 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. Regulated by State Governments. Regulated by Central Government. Regulated by RBI. Regulated by Finance minister. Axis Bank is a a. Public Sector bank b. Private Sector Bank c.
Co-operative Bank d. Foreign Bank e. Gramin Bank 3. Which one of the following is a retail banking product? Home Loans b. Working capital finance c. Corporate term loans d. Banks can accept demand and time deposits only from government. With reference to a cheque which of the following is the drawee bank?
The bank that collects the cheque b. The payees bank c. The endorsees bank d. The endorsers bank e.
The bank upon which the cheque is drawn Q. 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 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? 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. 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 mrunal.
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 1.
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? 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. Main focus areas: 1. Who is its chairman and what is the purpose? 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.
Finance Ministry has asked the Reserve Bank of India to allow common ATMs that will be owned and managed by nonbanking entities hopping to cut transaction costs for banks. Such ATMs are known as a. Black Label ATMs 5. Offsite ATMs c. Third party ATMs e. Rangarajan b. Sinha c. Reddy d. Shyamala Gopinath e. YH Malegam b. Dr KC Chakraborty c. C Rangrajan d. M Damodaran e. Smt Usha Thorat Which of the following states became the first state in the country to launch RBIs e-payment system for commercial tax payers?
Andhra Pradesh Kerala Gujarat Maharashtra Karnataka 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. 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.
Who among the following has been appointed as a director on board of Bank of America-the first nonAmerican on the board of the one of the largest financial institutions in the world? Azim Premji b. Ratan Tata c.
Mukesh Ambani d. KV Kamath e. Chanda Kochar Enough of Banking awareness, lets move to next topic: 3: 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 mrunal. Source: 1. Macroeconomics Class 12 III. Google as and when necessary. Planning commission, National development Council, five-year plans, main targets of 12 five-year plan. Taxation: a. Money market vs capital market: functions, who supervises them?
Commercial bills, Treasury bills, certificate of deposit, commercial paper mrunal. Derivatives, options-futures, currency swaps, 4. SEBI: functions, who is their main boss? PAN Card, E-filling of tax returns f. Basics of VAT, GST types of budgets: surplus, deficit, balanced votable vs non-votable items Finance Bill and appropriation Bill cut motions: policy cut, economy cut, token cut general budget versus railway budget revenue versus capital expenditure standing committees of Parliament types of deficits, FRBM targets fiscal deficit and its impact on economy Consolidated fund, contingency fund, public account Insurance 1.
Financial inclusion means provision of 1. Financial services, namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same.
Ration at affordable cost to persons not yet given the same. House at affordable cost to persons not yet given the same. Food at affordable cost to persons not yet given the 3. When there is a difference between all receipts and expenditure of the Govt.
Revenue Deficit 2. Budgetary Deficit 3. Zero Budgeting 4. Trade Gap 5. Education at affordable cost to persons not yet given the same. When the rate of inflation increases downloading power of money increases downloading power of money decreases value of money increases downloading power of money remains unaffected amount of money in circulation decreases 4.
Which of the following is not considered a money market instrument? Treasury bills B. Redownload Agreement C.
Commercial Paper D. The thing that upgraded the entire generation of computers to a more advanced system was — transistor. Invented in , it converts electronic signals and electrical power.
Transistors made computers smaller, faster, cheaper and less heavy on electricity use. In short, an AI machine can imitate the Intelligence of a human brain! John McCarthy is known as the father of Artificial Intelligence. What are the components of a computer? The following are the different types of hardware:.
Send data to a computer. Output devices. Receive data from a computer, usually for display, projection, or physical reproduction.
Processing devices. CPU and Mother board are processing devices because they process information within the computer system. It reads and interprets instructions from memory and transforms them into a series of signals to activate other parts of the computer.
The control unit calls upon the arithmetic logic unit to perform the necessary calculations. Cache is a fast temporary storage where recently or frequently used information is stored to avoid having to reload it from a slower storage medium. What is the importance of using a Computer Network?
Sharing of Files, Data, Information. Sharing of Resources like Printers, Scanners etc. Sharing of Internet Connection. Better communication with network services like E-mail, Webchat etc. What is an IP Address? Each device when connected to the network is given an address to communicate.
This Address is called as an IP Address. It is a piece of hardware that physically connects the device to the network. What is a HUB? What is a Repeater? Repeater is a device that is used to combat attenuation. It increases the strength of the degraded signal and passes it on. What is a Bridge? It is another device to connect network segments. It works at the Data Link Layer. What is a Router? It is a device to connect two or more network segments.
What is a Gateway? A Gateway is usually a dedicated computer running a Gateway software that enables connection between two dissimilar networks. What is a BUS Topology. What are its advantages and Disadvantages? In BUS Topology, all nodes share a single transmission medium. A node just appends destination address to the message and checks whether communication line is free.
Failure of a node does not affect communication among other nodes in the network.