Pareekshabhavan LSS & USS Scholarships 2016 Kerala

Organization : Office of the Commissioner for Government Examinations Pareekshabhavan
Scholarship Name : L.S.S. & U.S.S. Scholarships 2016
Applicable State : Kerala
Website : http://keralapareekshabhavan.in/
Notification : https://www.scholarships.net.in/uploads/7285-notification.pdf

Pareekshabhavan LSS & USS Scholarship

Assistant Educational Officers of General Education Department of Govt. of Kerala are authorised to issue passwords to authorised users, for accessing this web site. Unauthorised access is forfeited

Related / Similar Post :
Kerala LSS/USS Scholarship Examination Result 2018

keralapareekshabhavan.in LSS & USS Scholarship 2020

Important Date

** Last Date for Online Registration of Candidates Extended Upto 20-01-2016
** Last Date for Submission of Final List of Candidates to AEO 19-01-2016
** Last Date for Online Registration of Candidates 16-01-2016
** Schools can Start Online Registration of Candidates on 09-01-2016
** AEOs shall issue Passwords to Schools on 09-01-2016

Model Questions

Questions 1 to 5 : Read the following passage and select the correct answer for the questions after it:
Banks are places where people can keep their money. Most people use banks to save money in their savings accounts and to pay or withdraw money from their accounts.

Today, when one earns money from his/her job, their salary is often electronically deposited (put) into their savings account. Then, he/she can pay their bills by writing cheques from their accounts or pay online where their bills are electronically connected to their bank accounts.

Banks also give loans to people. Banks use the money that their customers deposit to lend to people to buy new houses, cars, or to start business and for many other reasons. The bank makes money from lending and charging interest. In other words, people have to pay back more than they borrowed. This amount depends on how risky the bank thinks the borrower is and how fast the loan is paid back among other things

1. Which of the following is not a function of banks  :
A) Impose tax on people
B) Allow people to pay bills online
C) Charge and give interest
D) Provide loans

2. How do banks get money :
A) Having a number of accounts
B) Giving interest to depositors
C) Electronically
D) Collecting deposits from customers

3. What does ‘interest on loan’ mean  :
A) Banks pay more money to people than they have borrowed.
B) Banks require people to pay back the same amount they have borrowed.
C) Banks require people to pay back more money than they have borrowed.
D) Banks require people to deposit more.

4. Which one of the following is not a purpose for lending money  :
A) for depositing in the bank
B) to buy new or old cars.
C) to break the laws of lending
D) how fast the loan is paid back

5 Which of the following means ‘withdraw’ :
A) Take on
B) Take up
C) Take out
D) Take into