Analysis of the RRBs exam Held on 28th September 2013(8:30 AM) - Sergio Ramosh

 Analysis of the RRBs exam Held on 28th September 2013(8:30 AM) - Sergio Ramosh

Friends, here is the Analysis / Review of today's IBPS RRB Scale I Officers Exam shared by our friend Mr. Sergio Ramosh. Read his review in his own words....

The level of difficulty has come down. Most of the questions were easy to moderate. The duration for answering 200 objective questions was 150 minutes. For me, “Reasoning” was the easiest section. Two DI questions (1 Table and 1 Pie Chart) in QA were little bit time consuming but easy. The Verbal ability questions were also easy. The fill-in-the-blank questions required a correct understanding of logic in the sentences but words given as choices were not difficult. There was a passage on “Rural Electrification” which was the best part for me as I did a similar one in the mock test. Computer questions were very basic except a few moderate ones. It is highly possible that most of the students would have attempted all the questions. Overall, it was a good one. The cut-off, considering the difficulty level of the questions, is definitely going to be very high.

Followings are the few questions from General Awareness.

• Swaythling Cup & Corbillon Cup: Table Tennis

• Jnanpith Award: Ravuri Bharadhwaja
• Jules Rimet: Football
• Electronic Mode of Payment / Receipt for Transactions That Are Repetitive And Periodic In Nature: ECS (Electronic Clearing System)
• Cheque Clearing System Where Cheque Images are captured at the Collecting Bank Branch and Transmitted Electronically: CTS (Cheque Truncation System)
• Jawaharlal Nehru National Urban Renewal Mission (JnNURM): Launched in 2005
• Australia: Australian Dollar
• Pilot project to be launched by RBI to curb soiling and mutilation of currency notes: Plastic Currency
• CASA (current and savings account) ratio: the ratio of deposits in the current and savings accounts of a bank to its total deposits
• Capital of Argentina: Buenos Aires
• Headquarter of IDA (International Development Association): Washington, D.C.
• World Water Day: 22nd March
• Literacy Rate: Kerala

                                                       Thanks and Best wishes to Sergio ramosh for his contribution

10:59 - By Unknown 0

IBPS RRB Officers Scale-1 Exam held on 28/09/2013 Morning Shift General Awareness Questions

 IBPS RRB Officers Scale-1 Exam held on 28/09/2013 Morning Shift General Awareness Questions

Friends, today's IBPS RRB Officers Scale I paper was almost similar to those of last week's. Almost all questions are as expected. Reasoning section was little time taking. Here are some questions asked in Today's exam, shared by our friends Bharath Kumar and Shikha Chowdhury who attended today's Morning Section. We thank them for his contribution and wish him great success in this exam.

Note : Please use the comments section below or mail us to "Gr8AmbitionZ @ gmail.com" to share your reviews. All the Best.

Update : Here are a few more questions shared by Miss Shikha Chowdhury.

• Public Sec Bank- Infusion in Buget allocation- 10,000 cr
• Who is Victor Cerf- Inernet
• Abdul ARahim Rather was the finance minister of which state.- J& K
• Repo rate and Reverse Repo Rate ie ceiling is called as-
• Ranbaxy is related to- Pharmaceuticals
• 1st legal document used in Insurance policies.
• A bank who manager deals individually with cusomers/ bank employees deals --- what type of bank it is.
• Pride and Prejudice author-
• Wriddhaman Saha cup is related to..

10:58 - By Unknown 0

Bandwidth - A brief Introduction

 Bandwidth - A brief Introduction

The term Bandwith is one among those words which you frequently encounter in Computer Knowledge section competitive exams. In this post we will have a brief introduction of Bandwith. 

What is Bandwidth ?

The bandwith is the range of frequencies within a given band. In simple words we can say that the Bandwidth is the amount of data that can be carried from one point to another in a given time period (usually a second). Technically speaking, Bandwidth is the information carrying capacity of a communication channel. The channel may be analog or digital. Analog transmissions are measured in cycles per second (hertz or Hz) and digital transmissions are measured in bits per second.

A bit propagates through a medium close to the speed of light. The number of bits that can be transferred per second depends on the rate at which the transmitter can send the data.

In general, Fast Ethernet is rated at 100 M bits / sec. But due to latency caused by congestion or other factors, a system may never operate at its optimal rate. Throughput is the measured performance of a system as opposed to its performance. The throughput changes with the environmental factors like noise, data errors, attenuation due to cable distance and so on.

Copper cable, fibre optic cable and wireless communication systems all have different transmission characteristics and thus have different bandwidths.

Encoding and compression techniques have improved data rates. The higher the bandwidth of a data channel, the higher the transmission rate. Increasing the bandwidth may not provide data rates that support realtime voice and video transfers. A single user transferring a large file can quickly consume all the bandwidth, holding up voice and video packets and causing delay distortions.

10:58 - By Unknown 0

Difference Between Bill of Exchange and Promissory Note

 Difference Between Bill of Exchange and Promissory Note

Friends, in our last posts we gave you a brief introduction about  Bill of Exchange and Promissory Notes. In this post we shall discuss the differences between them. 

Differences between Bill of Exchange and Promissory Note :

Following are the points of difference between a bill of exchange and a promissory note.

1. Number of Parties :  
1. Bill of Exchange : There are three parties in a Bill of Exchange they are, Drawer, Drawee and Payee.
2. Promissory Note : There are only two parties in case of promissory note, they are Maker and Payee.
2. Promise and Order : 
1. Bill of Exchange : Bill of Exchange contains an unconditional order to pay.
2. Promissory Note : Promissory note contains a conditional promise to pay.
3. Acceptance :

• Bill of Exchange : Bill of Exchange requires acceptance by the Drawee
• Promissory Note : Promissory note does not require any acceptance as debtor himself prepares it.
4. Nature of Liability :
• Bill of Exchange : In case of Bill of Exchange the drawer's liability is secondary.
• Promissory Note : In case of Promissory note the liability of the maker is primary.
5. Maker's Position :
• Bill of Exchange : In case of Bill of Exchange maker is a creditor.
• Promissory Note : In case of promissory note, maker is a debtor.
6.  Formalities in case of Dishonor :
• Bill of Exchange : Notice of dishonor is essential in case of Bill of Exchange.
• Promissory Note : No Notice of dishonor is essential in case of promissory note.

10:57 - By Unknown 0

Bill of Exchange A Brief Introduction and Features

 Bill of Exchange - A Brief Introduction and Features

Friends, in our last post we have discussed about Promissory Notes. In this post we shall learn about Bill of Exchange. A bill of exchange is an instrument in writing which contains an unconditional order to pay a certain sum of money either to himself or to the bearer. Sec. 5 of the Negotiable Instruments Act defines a bill of exchange as follows.

"An instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of a certain person or to the bearer of the instrument"

The bill is always drawn by a creditor on the debtor. The person who draws the bill is called the Drawer, the person on whom the bill is drawn is called Drawee and the person to whom the amount is payable is called payee.

here is the specimen of a Bill of Exchange

 

Characteristics of a Bill of Exchange :

The essential characteristics of bill of exchange are almost similar to that of a promissory note. The following are the essentials of a Bill of Exchange. 

1. It must be in Writing : Like in a promissory note, a bill of exchange must also be in writing.
2. It must contain an Order to pay : If the language of the draft does not show any order to pay, the draft will not be considered as a bill of exchange.
3. Unconditional Order : The order must be unconditional.
4. Signature and Acceptance : It must be signed by the drawer and accepted by drawee.
5. Order to Pay Money : It must contain an order to pay money only. The sum payable must be written clearly and unambiguously. 
6. Indication of the Parties : In case of a Bill of Exchange, the drawer, the drawee (and acceptor when he accepts the bill) and the payee must be indicated with reasonable certainty. Generally the drawer and the payee are the same persons.
7. Other Formalities : The formalities relating to number, date, place and consideration, though usually found in bills are not essential. The bill may be made payable on demand.

That's all for now friends. In our next lesson we shall discuss about the differences between the Bill of Exchange and Promissory Notes. Happy reading :)

10:56 - By Unknown 0

Promissory Note - A brief Introduction and Features

 Promissory Note - A brief Introduction and Features

The Sec. 4 of the negotiable instruments act defines a Promissory Note as an Instrument in writing (not being a bank note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money only to or to the order of a certain person or to the bearer of the instrument.

The person who makes promissory note and promises toon e pers  pay is called the maker and the person to whom the amount is payable is called the payee. It is always drawn by the debtor in favour of creditor. A promissory note must be in writing, containing an unconditional promise to pay a certain money to a certain person. It must be duly stamped. Below is the specimen of a Promissory Note.

Essential Characteristics of a Promissory Note :

1. Writing : The promissory note to be valid must be in writing. Oral promise to pay certain sum after some time is not called a promissory note. It may be in any form written or printed.
2. Promise to Pay : The promissory note to be valid must contain express undertaking or promise to pay certain amount on certain date. A mere accepting of a debt is not promissory note. A valid promissory note must contain the following sentence. 
• "I Promise to pay X on order Rs. _______________/- "
3.  Unconditional Undertaking : The promise to must be unconditional, absolute and should not depend on happening or not happening an event. For example, the document contains a sentence. "I promise to pay as soon as possible a sum of Rs. 10,000. It cannot be identified as promissory note such premisses will create uncertainty of payment and therefore it is not a promise.
4. Signed by the Maker : The promissory note to be valid must be signed by the debtor who makes it. It can be signed by the agent also, but the Agent must specify that he is signing on behalf of a debtor otherwise he will be personally liable.
5. The maker Must be Certain : The promissory note must show clearly who is the person undertaking to pay the amount. Maker is taken as certain if from the description of the maker, sufficient indication follows about his identity.
6. Payable to a Certain Person : The payee must be certain. the instrument must identify with certainty to whom the amount is payable. The payee may be ascertained either by name or designation. The promissory note is payable only to certain person named or identified but not to a bearer on demand. 
7. Promise to Pay Money and Money Only : The promissory note should contain a certain sum of legal tender money only but not goods. A promise to deliver goods either in the alternative or addition to money does not constitute a promissory note. 
8. Amount Payable Must be Certain : The amount payable on promissory note must be certain and definite. According to Sec. 5 of the Negotiable Instruments Act, the sum payable may be certain, inspite of the fact that, 
1. it includes future interest, or
2. it is payable at an indicated rate of exchange, or
3. it is payable according to the course of exchange.
9. Delivery Essential : The promissory note is to be delivered to creditor by the debtor. Unless it is delivered, it does not constitute as a promissory note.
10. Other Formalities : The other formalities regarding number, place, date consideration etc. though usually essential but not essential in law. But the promissory note must be properly stamped as required by the Indian Stamps Act.

10:55 - By Unknown 0

Solutions with Explanations to Sentence Correction Practice Exercise 2

 Solutions with Explanations to Sentence Correction Practice Exercise 2

Friends, these are the solutions to our previous post on "Correction of Sentences Practice Set 2". Read that post before reading these solutions.

• One of My friends are engineer.
•  One of My friends are engineer.

Here one of the means one among the group. That means you are just pointing out a specific object / person from the group. So you should not use are for that.

Technically we can say that we should use only Singular Verb for One of the + Plural Noun.

So the correct answer should be One of My friends is engineer.

• One of my Dogs have disappeared.

Same logic as above. You should say  One of my Dogs has disappeared.

•  I don't know nothing about him.
•   I don't know nothing about him.

Here we used TWO NEGATIVES in a sentence. When we use two negatives, it may represent positive. So you shouldn't use that.

What are these negative forms ?

• Anything / Something --- Nothing 
• Anyone / Someone ---- No one

When you use don't, that is a negative. So simply you can say I don't know anything about him. 

Or you can say I know nothing about him.

But you shouldn't say I don't know nothing about him.

• I could not find him nowhere.
• He does not want none of the cakes.

Here also same logic, 2 negatives. So, you just should say

• I could not find him anywhere / I could find him nowhere
• He does not want any of the cakes / He wants none of the cakes

• He is working hard with a view to win the match.
• He is working hard with a view to win the match.

There are only two phrases in English where to is followed by ing form. 

Those are 

• look forward to 
• with a view to

you should use ing form to the verb followed by above phrases.

Ex :

• I look forward to working with you.
• The statement was discussed at a two-day workshop of all managers with a view to building a comprehensive, detailed document.

So the correct answer is He is working hard with a view to winning the match.

• I look forward to pass the exam.

Same logic, I look forward to  passing the exam.

• I, you and he are neighbours.

I is 1st person

You is 2nd person

He / She / It / They etc are third person

If you want to use them together, you should follow an order 2 3 1

That means, first you should use 2nd person, and then 3rd person, later 1st person. 

So here you should say, You, he and I are neighbours.

• Let he do whatever he likes to do.

 After let you always should use Objects. So you should say, Let him do whatever he likes to do .

• Let he and I solve this problem.

Let him and me solve the problem.

• The climate of Nagpur is better than Bombay.

Here our intention is to compare the climate of Nagpur to the climate of Bombay right ?

But check the above sentence again. It just comparing the climate of Nagpur to Bombay!!! (not the climate of Bombay). Hope you got the difference now.

So, we can simply say, the climate of Nagpur is better than the climate of Bombay.

But, here using the climate two times makes the sentence kind of weird. So we simply us that of at the second part of the sentence.

So, the correct answer should be, The climate of Nagpur is better than that of Bombay.

• The roads of Delhi are better than Allahabad.

Same logic.  We can simply write the roads of Delhi are better than that of Allahabad. Right ?

Wrong !!! 

See, here we are talking about the roads. Its plural. So how can we use that of ? ???

So the correct answer will be The roads of Delhi are better than those of Allahabad.

13:39 - By Unknown 0