Indian Overseas Bank PO Exam Previous Question Papers

I have prepared for Indian Overseas Bank Probationary Officer exam, now for revision & more better preparation I need Indian Overseas Bank Probationary Officer previous year question paper, will you please provide here???

I need the Indian Overseas Bank PO Exam sample Question Papers for my practice purpose?

[sumit]

The sample questions for Indian Overseas Bank PO examination are given below:

1. Why are oil importing countries relieved ?

(A) Price of crude reached $ 147 not $ 200 as was predicted
(B) Discovery of oil reserves within their own territories
(C) Demand for crude has fallen sharply
(D) There is no need for them to invest huge amounts of money in alternative sources of energy
(E) None of these
Ans : (E)

2. Which of the following factors is responsible for rise in speculation in crude oil
markets ?

1. OPEC has not been able to restrict the oil output and control prices
2. The supply of oil has been rising to match demand
3. Existence of large number of oil futures and oilcontracts
(A) Only 1
(B) Both 1 & 2
(C) Only 3
(D) All 1, 2 & 3
(E) None of these
Ans : (C)

3. What does the phrase “the price elasticity of demand for crude oil is very low” imply ?

(A) When the price rises the demand for crude oil falls immediately
(B) A small change in demand will result in a sharpchange in the price of crude
(C) Within a short span of time the price of crude oil has fluctuated sharply
(D) Speculation in oil does not have much of an impact on its price
(E) None of these
Ans : (E)

4. Which of the following is/are TRUE in the context of the passage ?

1. The decline in oil prices has benefited all countries
2. Renewable energy sources are costlier than non-renewable ones
3. Lack of availability of alternative renewable energy resulted in rise in demand for
crude

(A) Only 2
(B) Both 1 & 2
(C) Both 2 & 3
(D) Only 3
(E) None of these
Ans : (D)

5. What has been the impact of the drop in oil prices ?

(A) Exploration for natural gas resources has risen
(B) The dollar has fallen sharply
(C) OPEC has decided to restrict its production of oil
(D) Economic depression in oil importing countries
(E) Drastic fall in demand for crude oil
Ans : (C)

6. What led to alternative energy sources being considered economically feasible ?

(A) The price of oil rose by 70 per cent while renewable energy sources are cheap
(B) Exorbitant crude oil prices made alternative energy sources an attractive option
(C) Expert predictions that the price of oil would alternately escalate and plunge sharply
(D) Evidence that no new sources of oil and gas areavailable
(E) None of these
Ans : (B)

7. What does the author want to convey by citing the statistic of 2005-2007 ?

(A) The prices of crude were rising gradually so people were not alarmed
(B) The dollar was a strong currency during that period
(C) Many people turned to alternative renewable energy sources because of high oil
prices
(D) If the price of oil is high for a short time itdoes not necessarily result in a drop in
consumption
(E) People did not control their demand for fuel then which created the current economic
slowdown
Ans : (D)

8. Which of the following factors is not responsible for the current drop in oil prices ?

(A) Economic crisis in America, European and Asian nations
(B) Speculation in oil markets
(C) Weakening of the dollar
(D) Political stability in oil exporting countries
(E) All the above are not responsible for the current drop in oil prices
Ans : (E)

9. Which of the following is NOT TRUE in the context of the passage ?

1. OPEC was established in 1970 to protect the interests of oil importing countries
2. When demand for oil exceeds supply there is a sharp rise in price
3. Today futures trading markets set the oil pricesto a large extent

(A) Only 1
(B) Only 3
(C) Both 1 & 3
(D) Only 2
(E) None of these
Ans : (D)

10. Which of the following is the function of OPEC ?

(A) Controlling speculation in oil
(B) Ensuring profits are equally distributed to allits members
(C) Monitoring inflation in oil prices and taking necessary steps to lower it
(D) Guaranteeing political instability in oil exporting countries does not impact output
(E) Determining prices of crude oil
Ans : (E)

Directions—(Q. 11–13) Choose the word which is mostsimilar in meaning to the word printed in bold as used in the passage.

11. INCULCATE

(A) Modify
(B) Construct
(C) Initiate
(D) Fix
(E) Instill
Ans : (D)

12. FUELLING

(A) Incentive
(B) Supplying
(C) Stimulating
(D) Irritating