STATE BANK OF PAKISTAN BANKING SERVICES CORPORATION SAMPLE PAPER. Executive Secretary

Transcription

1 STATE BANK OF PAKISTAN BANKING SERVICES CORPORATION SAMPLE PAPER Executive Secretary SBP-BSC Page 1 of 5

2 SECTION: TYPING SPEED/ACCURACY Q1. Type the following text on the computer. (Maximum time: 5 minutes) The State Bank of Pakistan (SBP) has prepared 'Vision 2020' to achieve six strategic goals for targeting high performance in financial sector, including enhancing effectiveness of monetary policy. Under strategic plan , the SBP plans to enhance effectiveness of monetary policy, strengthen financial system stability regime, improve the efficiency, effectiveness and fairness in the banking system, increase financial inclusion, develop modern and robust payment system as well as to strengthen the SBP's organizational efficiency and effectiveness. The strategic goal to enhance the effectiveness of monetary policy would be achieved by (i) strengthening SBP's monetary policy independence (ii) implementing a flexible inflation targeting framework that balances price stability with economic growth (iii) strengthen research capabilities to support sound monetary policy decision-making (iv) increase transparency of communications about monetary policydecisions and (v) increase effectiveness of reserves management and strengthen its data management system. Strengthening of the financial system stability regime would be achieved through (i) designing and implementing a comprehensive financial system stability framework consistent with FSB principles (ii) improving crisis management framework (iii) implementing deposit insurance scheme (iv) pursuing necessary laws and regulations to implement the financial system stability framework (v) establishing a national financial system stability council and reviewing lender of last resort facility. SBP-BSC Page 2 of 5

3 SECTION: ENGLISH (Comprehension and Essay Writing) Q2. Write an essay on the following topic. (under 300 words) Impact of International Travel on Personality and Life Write your response for the following question in the given space. Q3. What specific skills do you possess that makes you an excellent contender to work as an Executive Secretary at SBP-Banking Services Corporation? Read the passage carefully and answer questions 4 and 5. IMF financing aims to assist countries in attaining economic stability and transition through economic shocks by providing cushion through funds. This enables the recipient country to bring about the structural reforms and changes necessary to resolve underlying issues that threaten its economic stability. These IMF loans are usually disbursed in installments that are conditional upon the recipient country making policy changes or implementing certain economic reforms. This conditionality ensures that progress is made during the program and that the funds are not used only as a stopgap measure. Periodic program reviews evaluate whether the program is on track and if any different measures need to be taken to attain the program s objectives. In a historic and positive turn of events, Pakistan recently cleared the final installment of USD 102 million, a portion of its USD 6.4 billion 3-year International Monetary Fund (IMF) program which is one out of the 11 IMF programs that Pakistan has participated in so far. Upon completion of their final review, IMF stated that due to an expected increase in China Pakistan Economic Corridor related investment in addition to a surge in private sector s credit and economic productivity, it expects growth of the Pakistani economy. Fiscal deficit is also estimated to decrease next year. Due to this strengthening of macroeconomic indicators, Pakistan is poised for greater and sustained economic growth, with enhanced financial stability. Q4. The main aim of IMF is: A. To ensure that the funds disbursed to a country are appropriately used B. To help a country in making reforms that boost its economy C. To support countries to overcome an unstable economy by providing funds D. To review the performance of a country and make suggestions SBP-BSC Page 3 of 5

4 Q5. According to IMF, which of the following factors have indicated economic growth in Pakistan? A. The clearance of installment of USD 102 million funds B. Participation in 11 programs of IMF C. Investments in CPEC and boost in private sector s economic productivity D. Strengthening of microeconomic indicators and decrease in Fiscal deficit Select the correct meaning of the IDIOM. Q6. To go the extra mile A. To make special efforts to achieve B. Overestimating the problem C. Doing work at the last moment D. Do something the difficult way Select the option that correctly completes the sentence. Consider grammar, spelling and appropriate vocabulary. Q7. Many of the considerations for implementing a program similar to those for a coaching program. A. mentoring are B. mentering is C. mentering are D. mentoring is SECTION: ANALYTICAL, QUANTITATIVE AND COMPUTER SKILLS Q8. 15% of 600 is: A. 150 B. 120 C. 90 D. 60 Q9. Complete the sequence: 7, 14, 21,. A. 28 B. 30 C. 32 D. 34 Q10. Find the average of 1, 7, 11, 17, 21, 27. A. 10 B. 14 C. 12 D. 9 SBP-BSC Page 4 of 5

5 Q11. Which of the following is NOT a font style in Microsoft Word? A. Italic B. Regular C. Bold D. Superscript Q12. For drafting a letter involving simple table and calculations, which of the following is most suitable? A. Microsoft Word B. Microsoft Excel C. Microsoft Access D. Microsoft PowerPoint Q13. Which of the following is an software? A. Mozilla FireFox B. Google Chrome C. Microsoft Outlook D. Adobe Acrobat XXX --- END OF SAMPLE --- XXX Disclaimer: The questions provided in the sample are for demonstration purpose only in order to acquaint the candidate with the paper pattern. The number of questions, complexity and depth of coverage may vary in the actual examination. SBP-BSC Page 5 of 5