In the following passage there are blanks each of which has been numbered These numbers are printed below the passage and against each five words have been suggested one of which fits the blanks appropriately Find out the appropriate word in each case
Traditional bank architecture is based on bank branches These branches ensure the physical (191)of a customer’s saving A customer may go there to deposit and withdraw money (192)loans and (193) in other financial transactions In the past two decades banking architecture has changed the Automated Teller Machine (ATM) has been a big (194) and credit and debit cards have created new financial spaces (195)the bank branch has remained the bedrock of the banking system after all a person needs a bank account in a branch before he can operate a debit or ATM card This may be about to change as technocrats now (196)cell phones as the new architecture of virtual banks This has the potential to make branches (197)Cell phone banking looks especially relevant for India since it can penetrate the country side cheaply and (198)The world over cell phones are spreading at a (199)rate and in India alone new cell phone connections are growing at the rate of six million a month a rate of customer (200)that no bank can dream of
For the following questions answer them individually
Which of the following is/are True about the National Rainfed Area Authority (NRAA) which was in news recently ?
(A)The NRAA was set up in 1955 at the initiative of the then Prime Minister J L Nehru
(B)NRAA was established to co-ordinate the work of five ministries associated with the development of rainfed areas.
(C)NRAA has now been converted into corporation of the same name
The final results of the economic census conducted in India in the year 2005 were published recently Which of the following statements is/are True about the economic census ?
(A)Economic Census is basically the data pertaining to growth in employment opportunities
(B)Economic Census is conducted every fifth year by the Ministry of Home Affairs
(C)Only non-agriculture establishment are covered in economic census
The Govt of India is in the process of bringing some changes and amendments in the existing Money Laundering Act What are the changes suggested in the law ?
(A)Some payment gateways like Master and Visa Cards are required to be discontinued with immediate effect
(B)Money Transfer Services like Western Union should be brought under the purview of the Act
(C)A New Financial Intelligence Unit will be setup to keep a check on huge cash transactions
The recent report on Global Development Finance released by the World Bank has projected India’s GDP growth rate at which of the following levels ?
Daiichi Sankyo has taken over which of the following Companies/Corporations of Indian base ?
The sudden turn of events in the economic environment globally in the last four to five months has resulted in slowing down of India’s economic growth.Which of these following is/are the event(s) which has/have put their impact on Indian economy ?
(A)Turmoil in US credit market
(B)Large-scale increase in the prices of crude oil and food grains
(C)Adoption of Basel II norms by the banks
Quick, Easy and Effective Revision
By proceeding you agree to create your account
Free CAT Formulae PDF will be sent to your email address soon !!!
