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Wednesday, 29 June 2016

Exchange Rate & Forex Business


Foreign Exchange :
 Conversion of currency form one(home) country to other(cross border) country
Exchange Rate :-
- The price or ratio or the value at which one currency is exchange for another currency
- It is dynamic rate, which varies from day-to-day, minute-to-minute and second-to-second, and in practice a few times per second, depending upon a variety of factors.
Foreign Exchange Market:
- 24 hour market
- A global market
- Highly liquid market
- High fluctuation in currency rate : every 4 second
- Settlement affected by time Zone factor
- Market affected by Govt Policies & control




Sunday, 26 June 2016

Bank of Baroda - CL to JMG I, Promotion Question-Answer of English 2016


Directions—(Q. 1–10) Read the following passage carefully and answer the questions given below it. Certain words have been printed in bold to help you locate them while answering some of the questions.

Once upon a time, there lived an old lion. The lion, the king of the forest had grown old. He became frail and due to this, he could not hunt for food. With each passing day he became more and more weak. He realized that he would not live for long if it continued like that. He thought how could he arrange for his food ? After pondering over it for quite some time, he decided that he should have an assistant.

The lion thought that a fox would be the best person to handle this position as he was intelligent and clever. He summoned the fox and said, “Dear friend, I have always liked you because you are smart. I want to appoint you as my minister and advise me on all the affairs of the forest”. The old lion also asked the fox, that since he was the king of the forest, he should not have to hunt for his food. With respect to this, the fox’s first duty as minister was to bring him an animal to eat every day. The fox could not refuse the king and accepted the offer.

After the conversation, the fox went out to find an animal for the lion. On the way, he met a fat donkey. He said “My friend, I have got good news for you. You are very lucky. Our king, the lion has chosen you to be his chief minister. He asked me to meet you and inform you about his decision.” The donkey was scared of the lion and said, “I am afraid of the lion. He might kill me and eat me up. Why has he chosen me as his chief minister ?  I am not even fit enough to be a minster as I am not as intelligent as other animals.” The clever fox laughed and, said, “Dear, you don’t know your great qualities. Our king is dying to meet you. He has chosen you because you are wise, gentle, and hard working. By serving the king, you will be the second most powerful animal of our forest. Imagine, all the other animals will respect you and seek favours from you.” “You must not lose your greatest chance in life.” So, the poor donkey was convinced and got ready to go along with the fox.

In this way, the fox managed to attract the donkey to the lion’s den. When the fox and the donkey approached, the lion was hungrier than ever. But he kept a smiling face and said, “Welcome, my dear friend. Come near me. You are my chief minister.” As the donkey came closer, the lion pounced on him and killed him instantly. The lion thanked the clever fox and was happy to get the food. As the lion sat down to take his meal, the fox said, “Your Majesty, I know you are very hungry but a king must take a bath before his meal”. The lion thought it was a good idea and told the fox to keep a watch on the carcass of donkey”. The fox silently sat down to keep a watch of the donkey and thought to himslef, “I took all the trouble of getting the donkey here. It is I who deserve the best portion of the meal”. Thus, the fox cut open the head of the donkey and ate up the whole brain. When the lion returned he shouted, “What happened to the donkey’s brain ? I wanted to eat the brain first.” The fox smilingly replied, “Your majesty,
donkeys have no brains. If he had any, he would not have  come near a lion at all”.

1. Why did the lion decide to have an assistant for him ?
(A)  He was too lazy to hunt for himself
(B) He was old and weak and could not hunt any more
(C) He wanted someone to help him kill the fat donkey
(D) He could not handle the affairs of the forest alone
(E) None of these

2. Why did the lion select the fox as his assistant ?
(A) He had heard that the fox had good hunting skills
(B) He wanted the fox to take over as the king of the forest
(C) The fox had offered to let the lion have his leftovers
(D) He had planned to eat the fox after luring him to become his assistant
(E) None of these

3. What, according to the lion, was the fox’s primary duty as a minister ?
(A) To force all animals to respect their king and seek favours from him
(B) To convince the donkey to become his chief minister
(C) To take over as the king of the forest since the lion had grown too old
(D) To bring him an animal to eat every day
(E) None of these

4. Which of the following is TRUE in context of the passage ?
(A) Finally, the fox got the best part of the meal
(B) The donkey was appointed as chief minister to the king
(C) The donkey which the fox had brought for the king did not have any brain in his head
(D) The donkey was very intelligent and clever
(E) None is true

5. Which of the following is the moral of the story ?
(A) An idle brain is the devil’s workshop
(B) Fools are deaf to wise words
(C) Never believe an enemy’s sweet talks
(D) Morality can be best tested while one has power
(E) One can only lead a horse to water, but not make him drink it

Direction- (Q. 6-8) chose the word which is most similar in meaning to the word printed in bold as used in passage.

6. POUNCED
(A) Climbed
(B) Grew
(C) Attacked
(D) Plunged
(E) Roared

7. FIT
(A) Healthy
(B) Deserving
(C) Strong
(D) Valuable
(E) Important

8. LOSE
(A) Misplace
(B) Suffer
(C) Dispose
(D) Defeat
(E) Miss

Direction- (Q. 9-10) chose the word which is most opposite in meaning to the word printed in bold as used in passage.

9. HANDLE
(A) Mismanage
(B) Drop
(C) Confront
(D) Decline
(E) Uncover

10. FRAIL
(A) Unhealthy
(B) Massive
(C) Rich
(D) Robust
(E) Civilized


11. A doctor need to ...... ..to his patient
12. Antonym of " Gallant" - Coward
13. Antonym of " Fiction " - Biography




                                 ---Thanks to Narendra Parundiya for this preparation

Friday, 24 June 2016

Bank of Baroda - CL to JMG I, Promotion Question-Answer of Banking Law & Practice And Banking Techology 2016

1. ISDN - Integrated Services Digital Network
2. URL - Uniform Resources Locator
3. USSD - Unstructured Supplementary Services Data
4. MICR - Magnetic Ink Character Recognition
5. NPCI - National Payment Corporation of India.
6. LAPS - Lending Automation Processing System.
7. BCMS - Baroda cash Management System
8. JLF - Joint Liability Forum
9. RAROC - Risk-Adjusted Return On Capital
10. HRMS - Human Resource Management System
11. Minimum amount loaded in Euro travel - 150
12. Travel Easy card not valid in - Nepal
13. Baroda Gift card maximum amount loaded - 50,000
14. ATM unsuccessful transaction should be complain within - 30 Days
15. No. of transaction in Mini Statement in Baroda M-Connect - 8
16. NEFT Transaction limit through Baroda M-Connect - 50,000
17. SMS sent to from registered mobile to - 5616150
18. Digit in MMID - 7
19. Card to Card fund limit per transaction - 5,000
20. Service Charge for card to card fund limit - 10
21. Insurance covered in PMJDY RuPay card - 1,00,000
22. For opening current account, minor having age - 14 yr
23. In Centenary Saving account QAB - 10,000
24. Baroda Premium Privilege Current account QAB - 2,50,000
25. Auto sweep facility not in - Subh Saving account
26. Daily min. amount in Jeevan Suraksha account - 1,000
27. KYC not obtained for - Knowledge & Education Qualification
28. NWC = Net Assets - Net Liability
29. Link of collateral in CC account - HCLM
30. Disbursement of loan amount - HLADISB
31. Disbursement of packing amount - HLADISB
32. Interest rate modification - INTTM
33. Generation of interest certificate - INTCERT
34. Interest occurs till date of NPA - ACACCR
35.Bankers cheque report - BCREPORT
36. Adding & Deletion of Baroda Connect ( Corporate Account ) - ACUID
37. In housing loan total deduction if GMI more than 5 lacs - 75%
38. In housing loan LTV above 75 lac - 75%
39. NPA classified into - 3 Type
40. Maximum housing loan limit for Urban - 3 crore
41. Maximum moratorium period in housing loan - 36 months
42. Dishonor of cheque due to insufficient of fund - Sec 138
43. for take over of BTL - 1.17
44. Menu for transfer housing loan scheme to car loan - Not possible
45. Investment in Plant & Machinery maximum limit for micro manufacturing unit - 25 lacs
46. Interest paid by RBI on CRR - Zero
47. In Auto loan deduction for GMI 50,000 to 1,50,000 - 70%
48. Minimum time for Baroda Quarterly Recurring Deposit - 36 Months
49. Refreshment allowance paid to officers - Payroll

Tuesday, 21 June 2016

Bank of Baroda - CL to JMG I, Promotion Question-Answer of General Awareness 2016

1. Dada Saheb phalke - Manoj Kumar
2. Highest Branch Network after SBI - PNB
3. Ishika Shah related to - Snooker
4. Insurance scheme launch for Agriculture Loan - PMFBY
5. Women's single Australian Open 2016 - Angelique Kerber
6. Lok Sabha speaker - Sumitra Mahajan
7. Zaha Hadid - Architect
8. BRICS - South Africa
9. Olympic 2016 - Rio de Jainro
10. RBI has granted "in-principle" - 11 payment bank
11. UPSC chairman appointed by - President
12. Malaria Day - 25 April
13. Punch Line of PMUY - Swach Indhan..Behtar jeevan
14. Valley of Flowers - Nanda devi
15.NISM located in - Navi Mumbai
16. Removed from SAARC - Myanmar
17. Asia First Rice Park  - Karnataka
18. Kewladevi Abhyaranya - Rajasthan
19. Mangalyan - ISRO
20. BBPS - Bharat Bill Payment System


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