BANKING Content

IBPS Clerk 01-Dec-2013

Instructions

Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.

A majority of Indians prefer to use the internet for accessing banking and other financial services than shopping online, shows a new survey. Almost 57 percent of Indian respondents using the Internet prefer to bank online and use other financial services due to hassle-free access and time saving feature of online banking, according to survey.

Checking information on products and services online come a close second at 53% while 50% shop for product online. The fourth on the list around 42 percent of respondents in India surfed online to look for jobs, the survey said. Online banking has made things much easier for the people and it saves a lot of time. It has eliminated the problems associated with traditional way of banking where one had to stand in a queue and fill up several forms. Most of the banks in India have introduced cal stor mer – friendly online banking tactility with advanced security lea – tures to protect customers against cvbercrime.

The easy registration process for net banking has improved customer’s access to several banking products, increased customer loyalty, facilitated money transfer to any bank across India and has helped banks attract new customers. The Indian results closely track the global trend as well. Conducted among 19216 people from 24 countries, the survey showed that banking and keeping track of finances and searching for jobs are the main tasks of internet users around the globe.

Overall 60 percent of people surveyed used the web to check their bank account and other financial assets in the past 90 days, making it most popular use of internet. Globally shopping was not too far behind at 48 percent, the survey showed and 41 percent went online in search of a job. In terms of country preferences, almost 90% of respondents in Sweden use e-banking. Online banking has also caught on in a big way in nations like France, Canada, Australia, Poland, South Africa and Belgium, the survey showed. The Germans and British come on top for using online shopping with 74% of respondents in both countries having bought something online in the past three months. They are followed by 68% of respondents in Sweden, 65%in the US and 62% in South Korea.

Question 101

Based on the passage. what can be said about internet in a nutshell ?

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Question 102

Which of the following can be an appropriate title for the passage ?

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Question 103

Which of the following is/are TRUE in the context of the passage ?
(A) More than 50 percent Indians using Internet prefer online banking.
(B) Many banks in India have introduced facilities to suit the needs of customers
(customer friendly).
(C) More people shop online in South Korea as compared to those in Sweden.

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Question 104

Which of the following is most nearly the SAME in meaning as the word Eliminated as used in the passage?

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Question 105

According to the passage, globally the most popular use of internet is —-.

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Instructions

In the following questions two sentences (i) and (ii) are given. Each sentence (i) and (ii) has a blank in it. Against each five options are suggested out of these, only one fits at both places in the context of each sentence. Mark that as your answer.

Question 106

Eating a excess meat in the night when the body is I.slowing down is a bad idea as it is …….. for the digestive system.
II. Some medicines are life saving yet they are very ………..for the body.

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Question 107

I. In today’s world parents usually………… that their children do not talk to them as they are more involved in electronic gadgets and social media.
II. He would……….. about every other child on the playground and his parents would tight with other parents so as to protect him.

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Question 108

I. He was good at mathematics so he could not fathom why other people cribbed about such an ………………subject.
II. In a world so riddled with greed and corruption, where every man seems to be
Out to get another, it is not very……………. to trust others.

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Question 109

I. The area under our eyes is connected to our kidneys. so any…………. change in the dark circles, could indicate dehydration or accumulat ing toxins.
II. Many Indian adults are struggling with weight. thti-; indulging in weight loss programmes that require …………….changes in their currertt lifestyle.

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Question 110

I. Usually fundraising events and charity auctions raise a large amount of money as people from all sections of the society get an opportunay to……………. for a cause.
II. Today, a person needs to ……………. very hard for surviving in the corporate race.

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