Banking Officer Exam Template With Answers Page 2
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29Bank of India Banking Officer Paper – 2017 (Practice Set)
Summit presentation, Alexander Nix, CEO of big
(SOURCE: THE HINDU)
data company Cambridge Analytica, stated the
absurdity of segmenting audiences based on
(1). According to passage, 'DaaS' is a term refers
demographics or geographics. Why should all
to
women or all old people or all rich people receive
(a) the myriad functions that JAM serves
the same message simply because of their gender
(b) the myriad functions that Government serves
or demographics or income status?
(c) the myriad functions that technology serves
Where Does India Stand?
(d) None of the above
India is the second-largest Internet market in the
world, with 331 million Internet users. NASSCOM
predicts that India’s big data market will be a $16-
(2). Which company created technology to solve
billion industry by 2025, with a 32% share of the
the problem of heavy traffic in Brazil and Dubai?
global market and a CAGR of 26%. A simple search
(a) Uber
— ‘Big Data in India’ — in Google’s news search bar
(b) OLX
reveals that big data can make Indian cities a better
(c) Microsoft
place to live in, increase job opportunities, help
(d) Facebook
track fraud, and influence politics. We have a vast
amount of data from all layers of the societal
pyramid, but a lot of it is sitting dormant due to
(3). Several European countries utilise Cloud
ignorance and lack of infrastructure.
Computing and Telematics to assist
To penetrate this problem, JAM — Jan Dhan,
(a) Car Drivers
Aadhaar, Mobile (Bank Account, Aadhaar Number,
(b) Engineers
Smartphone) — is set to replace Bijlee, Sadak,
(c) Students
Paani (Electricity, Transport, Sanitation) and Roti,
(d) Farmers
Kapdaa, Makaan (Food, Clothing, Shelter) as the
trinity leading India’s future growth.
With more players entering the market, data prices
(4). Consider the following statements about
are recurrently dropping, and smartphones today
'Michal Kosinski', as mentioned in the
cost a third of what they did a few years ago. If an
passage. Which of the statement/statements
individual possesses all three components of JAM,
given below is/are correct?
the advantages are multi-fold — they can procure
1. He is an expert in Psychometrics.
loans via electronic banking, access telemedicine,
2. He is applying his research on Facebook to know
make online purchases for items which may
about the information of Facebook Users.
otherwise be difficult to obtain, etc. Moreover, the
(a) 1 only
data collected from these activities can be
(b) 2 only
ranslated into policy measures that will improve
(c) Both are correct
consumers' lives.
(d) None is correct
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