1.
A study titled Being five star in productivity — road map for excellence in
Indian banking was released FICCI-IBA-BCG on 22 August 2011, the eve of
IBA-FICCI annual banking conference. Which of the facts related to the report
stated below are not true?
2. India's gross domestic product (GDP) growth
will make the Indian banking industry third largest in the world by 2025.
3. The report highlighted that banks have to
strive for excellence on three dimensions: branch sales and service, new
channels and lean operations
4. Indian banks deploy 62 per cent of staff in
customer facing roles as against the benchmark of 82 per cent observed by BCG
globally.
5. Indian banks, the report mentioned were to be
doing well overall with industry cost-income ratio below 50 per cent.
a. 1 & 3
b. Only 3
c. Only 2
d. 3 & 4
Answer: (c)
2. According to the data released by the Life Insurance
Council on 22 August 2011, the life insurance industry witnessed a decline of
what percent in its total premium collections for the quarter ended June 2011?
a. 3.8%
b. 4.2%
c. 6.1%
d. 5%
Answer: (d)
3. According to a study Private Cloud Landscape in India
released by EMC Corporation and Zinnov Management Consulting, a management
consulting firm in July 2011, what will be the value of the cloud market in
India by 2015?
a. $ 4.5 billion
b. $6 billion
c. $ 5.6 billion
d. $ 9 billion
Answer: (a)
4. Which of the following bodies estimated IT companies would
continue to grow globally at 16-18 per cent in 2011-12 despite the economic
crisis in the U.S. and European markets?
a. FICCI
b. NASSCOM
c. CII
d. ASOCHAM
Answer: (b)
5. Food inflation rose to what percent
for the week ended August 13 on the back of dearer onions, potatoes, fruits and
protein-based items?
a. 9%
b. 9.3%
c. 9.80%
d. 10%
Answer: (c)
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