05 Jun

SBI Clerk Prelims 2016: Exam Analysis, Answer Key, Cutoff & Results

SBI conducted the prelims exam for the recruitment of Clerks in 2016. The overall difficulty level of the paper was easy, so we can expect high cutoff in the exam.

SBI Clerk Prelims 2016: Exam Analysis:

The online exam consisted of 3 sections i.e. Mathematics, Reasoning and English. The total time is 1 hour, so clearly Speed, Accuracy and Planning was very important.

Subject Good Attempt Time
English Language 17-21 15 min.
Reasoning Ability 24-26 20 min.
Quantitative Aptitude 17-21 25 min.
59-65 60 Minutes

Quant:

Topic No. of Questions Level
Series 5 Moderate
Quadratic Equation
Simplification 10 Easy
Data Interpretation

(Tabular)

5 Easy
Miscellaneous (SI,CI, Speed &Time, Profit and Loss, Time and Work, Averages, Ages, Ratio, etc.) 15 Moderate
Total 35 Moderate

*Note: No questions came from quadratic equation.

English

Topic No. of Questions Level
Reading Comprehension

(Story on a King)

10 Easy
Cloze Test 

(Story Based on Duck)

5 Easy
Para jumble

(Story based)

5 Moderate
Spelling Correction 5 Moderate
Errors 5 Easy
Total 30 Moderate

Reasoning

Topic No. of Questions Level
Inequalities 5 Easy
Coding & Decoding 3 Easy
Puzzle 

(Week Days Letter Posting)

5 Moderate
Puzzle 

(Circular Arrangement)

5 Moderate
Number/Alphabetical Series 3+5 Easy
Miscellaneous 

 (Direction Sense, Blood Relations , etc. )

9 Easy

*Note: No question came from Syllogism.

SBI Clerk Prelims 2016: Cutoff & Results:

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The cutoff is expected to be very high. Around 50-60 marks. The results will be announced in one week. We will update this post with more details.

13 Jan

Banking Abbreviations(Imp. for Various IBPS Bank Exams)

Check out Banking Abbreviation complete list. This is useful for various IBPS bank exams.

NEW & LATEST ( BANKING Abbreviation )
1. BSBDA – Basic Savings Bank Deposit Account
2. FCNR(B) – Foreign Currency Non-Resident Bank
3. TARC – Tax Administration Reform Commission
4. ITEs: Intra-Group Transactions and Exposures
5. LCR: Liquidity Coverage Ratio
6. NSFR: Net Stable Funding Ratio
7. LRMT: Liquidity risk monitoring tools
8. CBS: Core Banking Solution
9. DEAF: Depositor Education and Awareness Fund
10. CRAR: Capital to Risk-weighted Assets Ratio
11. External Commercial Borrowings (ECB)
12. SWIFT: Society for Worldwide Interbank Financial Telecommunication
13. FSLRC: Financial Sector Legislative Reforms Commission
14. MIBOR: Mumbai Inter-Bank Offer Rate
15. LIBOR: London Inter-Bank Offer Rate
16. LAF – Liquidity Adjustment Facility
17. GIRO – Government Internal Revenue Order
18. EEFC – Exchange Earner’s Foreign Currency
19. FRBMA: Fiscal Responsibility and Budget Management Act
20. ALM- Asset Liability Management
21. AMFI- Association of Mutual Fund in India.
22. TIEA – Tax Information exchange Agreement
23. CAR – Cash Adequacy Ratio
24. CCEA – Cabinet Committee on Economic Affairs
25. CECA – Comprehensive Economic Cooperation Agreement
26. CEPA – Comprehensive Economic Partnership Agreement
27. DTAA – Double Taxation Avoidance Agreement
28. DTC – Direct Tax Code
29. ECBs – External Commercial Borrowings
30. EEFC – Exchange Earner’s Foreign Currency
31. EFSF – European Financial Stability Facility
32. FEMA- Foreign Exchange Management Act
33. FII – Foreign Institutional Investor.
34. FINO- Financial Inclusion Network Operation
35. FIPB – Foreign Investment Promotion board
36. FSLRC – Financial Sector Legislative Reforms Commission
37. FTA- Free trade agreement
38. GAAR – General anti avoidance rule
39. GSLV – Geo-Synchronous Launch Vehicle
40. MSF-Marginal Standing Facility
41. NBFC-Non Banking Finance Companies
42. NCTC – National Counter-Terrorism Centre
43. NEFT – National Electronic Funds Transfer
44. NSG – Nuclear Suppliers Group
45. PPP – Public Private Partnership & Purchasing Power parity
46. PSLV – Polar Satellite Launch vehicle
47. RTGS – Real Time Gross Settlement
48. SLR-Statutory Liquidity Ratio
49. TAPI – Turkmenistan-Afghanistan-Pakistan-India.
50. QFI -Qualified Foreign Investors

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We will keep updating this list with more abbreviations. So keep checking again.