Sunday 7 April 2019

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Read the following paragraph and identify the main idea/theme.

Currently, Pakistan’s e-commerce is estimated to be a multimillion dollar industry and is growing at a significant rate, which means that as we enter the next decade the e-commerce value may be estimated in billions of dollars. People associated with online shopping say that e-banking transactions would rise very fast if the prevailing culture of cash-on-delivery weakens over time and other modes of payments become popular. The use of mobile wallets (M-wallets), has the potential of boosting both e-commerce volumes as well as e-banking transactions once this concept of payment strengthen its root. The M-wallet concept has just started and the number of active users is yet to grow to a certain level to make an impact. On the other hand, credit cards are doing well and contributing sufficiently to the growth of both e-banking transactions and e-commerce.


The main idea of the passage is to discuss:

A.    The limitations of e-commerce and e-banking in Pakistan

B.     The prospects of e-commerce and e-banking in Pakistan

C.     The risks associated with use of M-wallets

D.    Growth of online shopping in the country

Carefully read the following sentences and answer question 5.

1.     Survey after survey reveals that strategy execution has become a top priority in the executive suite.

2.     Successful ones have instituted formal strategy execution processes.

3.     And, yet, fewer than 15% of organizations around the world report that they are successful at it.

4.     In addition, most of these organizations rely on the Balanced Scorecard to execute strategy.

What should be the correct order of the above sentences in order to form a paragraph?

A.    Sentences: 4, 2, 1, 3

B.     Sentences: 1, 3, 2, 4

C.     Sentences: 2, 4, 1, 3

D.    Sentences: 1, 2, 4, 3

Select the correct meaning of the IDIOM from the given options.

To be in hornet’s nest

A.    A very unpleasant situation

B.     Discussion of the matter without coming to the point

C.     Living within one’s means

D.    A narrow escape from danger
Select the correct ANTONYM of the underlined bold word in the sentence.

I am still dubious about our weekend plan.

A.    doubtful

B.     curious

C.     docile

D.    certain


Select the correct MEANING of the word from the given options.

Culminate

A.    To start a new thing

B.     Reach the point of highest development

C.     Impressed by someone

D.    Very loyal and committed in attitude

Select the correct word(s) from the given options to complete the sentence.

The pedestrians __________ very cautious while crossing the road.

A.    must have

B.     are required to be

C.     were being asked

D.    ought be

Select the correct answer from the given options that best reflects the similar relationship as in the following pair:

TEMPORARY : PERMANENT

A.    Destructive: Antagonist

B.     Upgraded: Improved

C.     Disguised: Shrewd

D.    Moderate: Extreme

ANALYTICAL SKILLS & GENERAL INTELLIGENCE

Select the correct answer from the given options.

Evaluate:

15% of 80% of 90

A.    11.7

B.     13.5

C.     10.8

D.    19.4


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SBP Young Professional Induction Program past paper 7th Batch


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STATE BANK OF PAKISTAN


BANKING SERVICES CORPORATION













PAST PAPER

FOR

7th Batch of Young Professionals Induction Program (YPIP) at SBP BSC

ENGLISH COMPOSITION


Read the following passage and answer questions 1 and 2 in light of the information given in the passage.

Financial institutions have practiced many strategies and actions to upgrade the security arrangements which reduce the scope of ATM frauds. These include safe locations for ATM, remote monitoring, surveillance video cameras, foreign object detection, anti-skimming card solutions, enhanced consumer awareness and public service messages from government authorities. But criminal rings have evolved their reactive counter actions to withstand against all preventive strategies. There is a need of a more effective, tolerant and enduring strategy which assures zero ATM fraud ratio.


The use of biometric features for security measures is a practical approach. Biometrics features like fingerprint verification, iris analysis, hand geometry-vein patterns, ear recognition, odor detection, DNA pattern analysis and sweat pores analysis, handwritten signature verification, keystroke analysis and speech analysis may be utilized as medium of identifying and authenticating account holders at the Automated Teller Machine interfaces. Biometric identification helps to verify a person’s identity by measuring digitally certain human characteristics and comparing those measurements with those that have been stored in a template for that same person. Templates can be stored at the biometric device, the institution’s database or in a user’s smart card.

Which of the following assures more prevention of ATM frauds?

A.    Anti-skimming card solution

B.     Surveillance video cameras

C.     Biometric verification

D.    Public service messages

Which of the following is NOT a biometric feature?

A.    Fingerprint verification

B.     Iris analysis

C.     Sweat pore analysis

D.    Foreign object detection


Select the correct SYNONYM of the underlined bold word in the sentence.

A sumptuous lunch was served after the conference.

A.    lavish

B.     light

C.     affordable


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Question
Key

Number



1
B

2
C

3
A

4
C

5
C

6
D

7
B

8
B

9
A

10
C

11
A

12
D

13
C

14
B

15
B

16
A

17
B

18
C

19
A

20
C

21
D

22
D

23
A

24
D

25
C


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