BANKING Content

2013 IBPS Clerk

Instructions

A majority of Indians prefer to use internet for accessing banking and other financial services than shopping online, show a new survey.
Almost 57% of Indians 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 the survey.

Checking the information on products and services online comes a close second at 53% while 50% shop for products online. The fourth on the list-around 42% 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 has to stand in a queue and fill up several forms. Most of the banks in India have introduced customer - friendly online banking facility with advanced security features to protect customers against cybe rcrime.

The easy registration process for net banking has improved customer’ 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 trends 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% of people surveyed used the web to check their bank account and other financial assets in the past 90 days, making it the most popular use of the internet globality, shopping was not too far behind at 48%, the survey showed and 41% 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% respondents in Sweden. 65% in US and 62% in South Korea.

Question 141

Based on the passage, what can be said about the internet is a nutshell?

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Question 142

Which of the following can appropriate title for the passage?

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Question 143

Which of the following is/are true in the context of the passage?
A. More than 50% 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 144

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 145

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

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Instructions

In this questions, two sentences I and II are given. Each sentence has blank in it. against each five options are suggested. Out of these, only one fits at both the places in the context of each sentence. Mark the option as your answer.

Question 146

I. The report ended on a _________note.
II. They must take _______steps to deal with the problem.

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Question 147

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.

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Question 148

I. He was good with 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 149

I. The area under our eyes is connected to our kidneys, so any .......... change in the dark circles indicates dehydration or accumulating toxins.
II. Many Indian adults are struggling with weight, the indulging in weight loss programmes that require ………...changes in their current lifestyle.

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Question 150

I usually fund - raising events and charity auctions raise large amount of money as people from all sections of the society get an opportunity to …….. for a cause.
II. Today a person needs to ….. very hard for survive in the corporate race.

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