SBI Po July 24 - descriptive paper

1. Write a letter on one of the following:-

1.To the bank manager for closing of your savings account.

2.To invite a friend to attend a seminar on net banking.

3.To you bank for a loan to have higher studies in USA.

2. Write a paragraph in not more than 130 words..!

1. Rural development in India.

2. Banking marketing is highly competitive & enjoying autonomous state

3. If I were an author.

3.Write an essay in about 250 words.

1.Right to Education.

2.Technological development affecting Banking Industry.

3.Financial Inclusion.

4.Write a précis in about 150 words and provide a suitable title

The RBI has issued guidelines to both private and foreign lenders to have some action against money fraud & black money. A central vigilance commission need to be formed for that and a central vigilance officer (CVO) should be appointed by the banks. Both the private and foreign banks have to follow these guidelines. The same practice has been adopted by the public sector banks for a long time.

This was done by RBI in lieu of the 400 crores of scam happened in one of the nationalized banks last year.

The Banks need to be have the central vigilance commission as a integral part of the working of the banks. And the central vigilance officer appointed be acting as an assistant and consultant to the CEO of the bank.

The officer appointed can be one of the senior officials of the bank.

The normal tenure of the CVO thus appointed should be of 3 years can be increased to maximum 5 years but in case of transfer to another bank it should be of 6 years.

5.Read the following passage and answers the questions

ATMs (Automated Teller Machines) are an integral part of the banking system. They are an important aspect of the banking delivery channel. Therefore these days banks are very concerned about this in the proper organizing of ATMs.

ATMs not only provide usual paying facilities but also help in paying tax payments, mobile recharge, credit card bill payment.

The Breston boston marketing survey stated that about 49% Indians will switch to another competitive bank if they were provide with the facilities of personalizing accounts more effectively and some other facilities.

ATMs technology is highly superior and convenient to the customers.

You can also pay you credit card bill through ATMSs but you need to have a debit card also for that. Just go to you near ATMs and proceed with payment and after checking the fund payment is done and you can receive the confirmation receipt after that.

Now with ATMs income tax payment is pretty easy. Just go to bank website and register yourself for the online tax payment and go to the nearest ATM and select under the income tax tab and then the payment options and after the payment . go to the bank and take print out of the challan with a Special Input Number(SIN) which was generated earlier and can be shown while filing the return lateron.

1.Why banks so much concerned about the proper organizing of the ATMs?

2.What was stated in the Breston boston survey?

3.What kind of facilities are provided by ATMs?

4. How ATMs help in credit card payments

5.How ATMs help in income tax payments?