But he cannot become a partner also documents will be signed by the guardian on minorâs behalf).(1) and (2)Either (1) or (2)None of the aboveLimitation period for execution of a decree is12 years from the date it was decreed3 years from the date of the decree6 years from the date of the decree5 years from the date of the decreeNone of the aboveSection 131 and NI Act provides statutory protection to a collecting banker ifthe cheque is crossedthe cheque is collected for a customerthe cheque is collected in good faith and without negligenceAll of the aboveNone of the aboveWhat is meant by document of title to goods?It entities and enable its rightful holder to deal with the goods represented by it as an ownerIt is a proof of ownership of goodsIt confers a right on the possessor to transfer the goods to another personAll of the aboveNone of the aboveA surety has rights againstthe creditorthe principal debtorthe co-suretiesAll of theseNone of theseWhat is the time limit for disposing an appeal by Appellate Authority?Within 2 monthsWithin 3 monthsWithin 6 monthsNo such limitAll of the aboveA Proclaimed person whose property has been attached can claim the property or the sale proceeds,on appearancewithin 6 months of attachmentwithin 2 years of attachmentwithin 3 years of attachmentwithin 1 year of attachmentNone of the aboveA boy over 11 years but below 12 years of a pow up knife and proceeding towards with a gesture saying that he would cut him into pieces actually stabs him to death.The boy will not be guilty, as a child under 12 years of age cannot be guilty of an offenceThe boy will be guilty because he had attained maturity of understanding to judge the nature and consequence of his conduct of mind and the act concurred in this caseThe boy will not be guilty of murderThe boy will not be guilty of murder as he had not attained sufficient maturity of understanding to judge the nature and consequence of his conductNone of the aboveOn which date the Amendments to the IPC by the criminal law (Amendment) Act, 2005 came into force16th April, 200611th January,200623rd January, 200621st June, 2006None of theseA contract with or by a minor is avalid contractvoid contractvoidable contractvoidable at the option of either partyNone of the aboveA contract can be dischargedby performance of the contractby frustration of the contract(1) and (2)Neither (1) nor (2)None of the aboveâXâ and âYâ agreed to marry each other on a certain date and before that âXâ goes mad.
Punjab and Sindh Bank :- Where series is a way of life Scotia Bank  :- Youâre richer than you think. Be Simple, Be Fluent. Job Role- In Banking Sector. The IBPS SO IT Officer Review is not yet updated.
You can easily score 20 marks which is a good score. Next is the important section â Quantitative aptitude
| POST | SC | ST | OBC | UR | HI | OC | VI |
| LAW OFFICER (SCALE-I) | 57.80 | 57.20 | 60.60 | 65.60 | 56.80 | 56.60 | 54.00 |
| LAW OFFICER (SCALE-II) | 47.00 | 44.40 | 56.00 | 61.20 | NA | 55.00 | NA |
There are two Specialist IT Officer cadre posts: Specialist IT Officer - Scale I and Specialist IT Officer - Scale II.. 2)Â Â Â Â Â Â Â Â Â Â Â restores the content of the database to its state at the end of the previous day.
Know more about IBPS SO Responsibility from this link.. Question 1 to 25Under outsourcing of banking services, the customer is to be allowed a time period of _ for lodging complaint with the Ombudsman, if the customer does not get satisfactory response from the bank:10 days15 days30 days60 days75 daysâEscrowâ is a term used to denote:negotiability of the instrumentan instrument incomplete in respect of datean instrument without considerationconditional delivery of the instrumentNone of theseWhat is the maximum amount of fee payable for filing a Recovery case with the Debt Recovery Tribunal?Rs.1 lakhRs.1,20,000.Rs.1,50,000.12% of the debit amount.None of these.Which of the following statements, is correct regarding securitization of Asset?Bank can take possession of Asset and sale itself or it can hand over to Re-construction Company.Securitised Company can act as secured creditor.Securitised Company gets all the Right of secured creditor.All of the above.None of these.The unfair Trade Practice includes:Quality and QuantityPotency and PurityStandard and price of goods and services.All of the above.None of these.Which of the following complaints can be lodged with the Banking Ombudsman regarding loans?Non-charging of interest as per RBI guidelines.Delay in disposal of loan applications beyond prescribed time limit of RBI.Not granting the loans as per guidelines.All of the above.None of these.The difference between Sale and Bailment is:Ownership is transferred to Buyer in the sale.Buyer has no obligation to return the goods.in the contract of Bailment- both (1)and (2)are not applicable.both (1) and (2).None of these.Which of the following is not the essential of a contract?Transfer of ownership.Immediate delivery of the goods.The contract must satisfy essentials of a valid contract.Goods must be a movable property.None of these.A private company is which:Restricts the right to transfer its shares.Limits the number of members to 50.Restricts the subscription of shares or debentures from the public.All of the aboveNone of these.Which of the following are the duties of a Bailor?To disclose all the faults and defects in the goods Bailed.Bailor must compensate the loss to Bailee.Duty of the Bailor is to make aware the Bailee all the risk factors associated with the goods.All of the above.None of these.The essentials of a valid contract are:There should be an offer.Offer must be accepted.The parties to the consent must have free consent.All of the above.None of these.When a guaranteed loan is repaid by the guarantor the:guarantor steps in shoes of the banksecurities in possession of creditors will be handed over to himguarantor is not entitled to the securitiesboth (1) and (2)None of theseA minor is competent to endorse an instrument:Subject to approval of the guardianwithout incurring any liabilitywith the consent of all partiesthe statement is not trueNone of theseWhich of the following statement is correct regarding Bankers Book Evidence Act?No officer of a Bank can be compelled to produce any Bankers Books unless it is specially ordered by the court.The above position (1) applies only when Bank is not a party to the case.An investigating Police officer can compel a Bank officer to produce the Books without court order.All of the aboveNone of theseWhere is Appellate Tribunal is located?ThiruvanthpuramMumbaiEach State Head QuarterAll of theseNone of theseWhat are the Rights available to a secured creditor?To sell the Assets.File application with DRT for recovery of full or remaining dues.To proceed against the guarantor.All of the aboveNone of theseWhich of the following Rights of a consumer are protected under consumer protection Act,1986?The Right to be protected against making of goods which are hazardous of life and property.The Right against unfair trade practices.The Right to be assured access to a variety of goods and services at competitive prices.All of the aboveNone of theseThe complaints which can be lodged with the Banking Ombudsman are:Delay in providing various services.Complaints regarding exporters.Delay in remittance to NRI.All of the above.None of these.Which of the following loan accounts can be referred to Lok Adalat?All NPA accounts.Both suit filed and non-suit filed accounts.Where liability does not exceed Rs.20 lacs.All of the above.None of these.Which of the following statements is correct?When neither the Bailor nor the Bailee is entitled to any remuneration is called gratitous Bailment.Where either the Bailee or the Bailor is entitled to remuneration is called non-gratitous Bailment.Motor car let out for hire is a contract of non-gratitous Bailment.All of the above.None of these.The essential elements of sale are:There should be a minimum of two parties.The subject matter of a contract of sale must be goods.The consideration of sale must be in money.All of the above.None of these.Which of the following is not an advantage of a company?In case of liquidation shareholders do not get priority in payment.Transfer of companyâs shares provides liquidity.Members share the profits by the way of dividend.Company affords better borrowing facilities.None of these.Who can be a partner of a firm?Any person who is competent to contract.Any adult individual who is of sound mind.HUF represented by âKartaâ.All of the above.None of these.The special category of clients includes:Politically exposed persons.Companies offering foreign exchange.Clients in high risk countries.All of the above.None of these.Which of the following is correct regarding obtaining of information?A person seeking information has to give in writing.PIO has to provide information within 30 days.If information is relating to life or liberty of a person,it will be provided within 48 hours.All of the above.None of these.Question 26-50The word âverifyâ in relation to a digital signature signifies:The initial electronic record was affixed with the digital signature.It is retained in fact.Both (1) and (2).only (1)None of these.If one of the joint guarantors pays the dues:he may claim the respective shares from othershe cannot claim anything from others as the liability is joint andhe has to bear the loss himselfAll of the aboveNone of theseBank XYZ Limited receives a letter of credit of EURO 20,000 in favour of M/s ABC Exports Pvt Ltd for exports to Germany. Post Category- Answer key and Question Papers
.The following links below will provide some model papers for the general part as well as the professional knowledge part of the Specialist officer recruitment examination..
You will be able to answer all kind of questions based on Basic Computer Knowledge by practicing exercises given in this Computer Knowledge section..
It had time duration of two hours and the negative mark was also applicable with effect of 0.25 marks for every single wrong answer..
The ratio of CWE and the interview should be 80:20 respectively.
Common Recruitment Process (CRP SPL-V) exam is tentatively scheduled for the last week of January 2016. IBPS RRB Question Paper â 2011. 1 IBPS Specialist Officers-III Answer Key 20162 How To Download IBPS Specialist Officer iii Exam Answer Key 2016.
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