SIDBI Assistant Manager Mock Test - 8 - Banking Exams MCQ

Explanation:

From III, we have: Rajan's basic salary = Rs. 1550.

From I, we have: Vasu's basic salary = Rs. (1550 + 100) = Rs. 1650.

From II, we have: Rajan's other allowances = Rs. 2000 and Vasu's other allowances = Rs. 2050.

Therefore Vasu's monthly salary = Rs. (1650 + 2050) = Rs. 3700.
 

T is the mother of M.

Statements: P ≥ R, R > T, T ≤ A

Conclusions:

I. P > A → False (As P ≥ R > T ≤ A → Thus, there is no clear relationship given between P and A)

II. T < P → True (As P ≥ R > T → T < P)

Hence, Only conclusion II follows.

Following the common explanation we observe that Delta has opted for B.Com and General management.
Option C is hence the correct answer.

Common Explanation:
References:
Delta joined SP JAIN and did not take up Marketing or Logistics and is not a B. Tech.
Inference:

References:
Foxtrot is a C.A and has taken Finance management.
Inference:

References:
Alex joined IIMB, Charlie is B.A graduate and Bravo took up HR.
The person who joined IIMA opted for HR and is not a C.A or B.Sc.
Inference:

References:
The person, who is a B.A graduate, joined JBIMS and took Logistics.
Inference:

References:
The person, who is a B. Tech graduate, has taken Operations Management and did not join UBS or DAVIET.
Inference:
Thus Alex is a B. Tech graduate.
Now as Delta has not opted for Marketing, Marketing must be opted by Echo, thus Delta opts General Management.

References:
The person, who is a  B . Com  graduate, took up General Management.
Inference:
Thus Delta is  B . Com  graduate.
Now is Bravo has not done B.Sc. he must have done BBM and thus Echo has done B.Sc.

Percentage change (rise/fall) in the production of Company Y in comparison to the previous year, for different years are:

Hence, the maximum percentage rise/fall in the production of Company Y is for 1997

5/6 tank = 20 Min
Full tank = 24 Min
1/2x+ 1/3x = 1/24
x = 20, A= 2x = 40 Min

The pattern is + 13, + 26, + 39,.....

So, missing term = 80 + 52 = 132.

Rahim’s monthly savings in December 2019 were Rs. 50000.
Shyam’s expenses are similar to Rahim’s except for two things.
Shyam has no kids, so no school fee, thus his savings = 50000 + 6000
Shyam send Rs. 15000 to his parents, but he doesn’t have to send Rs. 12000 to his brother like Rahim send, so Shyam here has to spend Rs. 3000 more.
So, Shyam savings due to this thing would become 50000 + 6000 – 3000 = Rs. 53000.
So Shyam’s savings are Rs. 3000 more than Rahim’s. In percentage, it becomes
3000 / 50000 × 100 = 6%
Hence, option C is correct.

Common Explanation:
Expenditure on petrol is Rs. 6000, and since two-third of expenditure on petrol is equal to expenditure on grocery, we have
Expenditure on grocery is (2 / 3) × 6000 = Rs. 4000
He spend four times on house rent on what he spend on grocery in that month, means
Expenditure on house rent = 4 × 4000 = Rs. 16000
Expenditure on grocery + house rent = 4000 + 16000 = 20000
This is one-fifth of his salary, means his salary is = 5 × 20000 = Rs. 100000
He gives Rs. 12000 to his younger brother, which is thrice the amount he gives to house maid, means
Expenditure on house maid = Rs. (1 / 3) × 12000 = Rs. 4000
Expenditure on school fee + house maid = 10000
Expenditure on school fee + 4000 = 10000
Expenditure on school fee = Rs. 6000
He go to gym for which he pays half what he pays to his house maid = (1 / 2) × 4000 = Rs. 2000
We tabulate all this information as follows:

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This statement is wrong: It is meek and humble

Correct Statement will be:  It is the meek and the humble.

The correct answer is (C) Required.
Explanation:
- The (14) blank is referring to the job that the citizen needs to get done by various municipal and government departments.
- The word "essential" means absolutely necessary, which could be a possible option, but it might not convey the exact meaning in this context.
- The word "demanded" refers to something that is forcefully requested or asked for, which doesn't fit well in this context.
- The word "required" means necessary or needed, which perfectly fits the context as it refers to the tasks that the citizen needs to get done by the departments.
- The word "desired" means something that is wished for or wanted, which might not be the best choice in this context as it may imply a preference rather than a necessity.

Therefore, the most appropriate word for Blank no. 14 is "required."

Hair breath escape: Very close escape

Eliminate A and B on the grounds of a dangling modifier. New Jersey must come after the first comma in options A and B but it does not. “No such one” in option C is non-idiomatic. There is a lack of agreement in Option E between “taxes” and “has”. D is correct.

Domesticated: (of an animal) tame and kept as a pet or on a farm
Herbivorous: (of an animal) feeding on plants
“Domesticated” and “herbivorous” animals would not attack people. Even if they attack for some
reason, they would not consider humans their ‘prey’.
Hence, these two words get eliminated.
Only the word “wild” fits perfectly in the blank. “Wild” animals would consider humans as ‘prey’ and
attack them too.
Hence, option B is the correct answer.

Answer: d

Explanation: Lytton's reactionary policies such as reduction of maximum age limit for the I.C.S. examination 'from 21 years to 19 years (1876), the grand Delhi Durbar of 1877 when the country was in the severe grip of famine, and the Arms Act (1878) provoked a storm of opposition in the country.

Options 3 and 4 are wrong. Corals polyps require sediment-free water but fresh water is also injurious for the growth of coral polyps. Corals always grow in open seas and oceans but they die in lagoons and small enclosed seas because of lack of supply of food.

UNO: United Nations Organization
ILO: International Labor Organization
WHO: World Health Organization
ASEAN: Association of Southeast Asian Nations

Like many other things, milk contains bacteria, Milk also naturally contains a kind of sugar known as "lactose." The bacteria that live in milk get energy from this special sugar and use it to reproduce to make even more bacteria. When the bacteria use the lactose sugars to reproduce, they change it from "lactose sugar" into "lactic acid," which tastes sour.

Mamluk dynasty was a dynasty established in Northern India by Qutb ud-Din Aibak.
Razia Sultana was the daughter of Iltumish, the third Muslim Turkic sultan of the Sultanate of Delhi.
Razia was the first and last Muslim lady to rule Delhi. She was a bold young woman, trained in military warfare and administration.

A downward movement along demand curve is caused by fall in exchange rate, which represents appreciation of domestic currency.

To provide widespread access to banking services, no-frills bank accounts demand a zero or very low minimum balance, as well as additional financial services such as withdrawals, ATM, and Debit card services at no cost. In the year 2012, no-frills bank accounts were called Basic Saving Bank Deposit Accounts.

The need for financial inclusion can be observed in:

• Development – Greater access to financial services = Increase in savings + Decrease in income inequality & poverty + Increase in employment levels
•  Growth – It encourages the habit to save, thus enhancing capital formation in the country and giving it an economic boost. Also, the availability of sufficient and transparent credit from formal banking institutions will promote the entrepreneurial spirit among the people = increase in productivity and prosperity in rural areas.
• Service delivery – Direct cash transfers to beneficiary bank accounts rather than physical cash payments against the subsidy.

Functions of Capital Market:

1. The Capital Markets help to accelerate the process of economic growth
2. Facilitates the movement of capital to be used more profitability and productively to boost the national income
3. Minimization of transaction and information cost
4. Quick valuations of financial instruments
5. Encourages a massive range of ownership of productive assets

Money Market is divided into three types-Call Money, Term Money and Notice Money. 

• The RBI has liberalised the end-use stipulations for the External Commercial Borrowings both for corporates as well as liquidity starved non-banking lenders.
• The liberalisation will be applicable to ECBs taken for working capital, general corporate purpose loans or repayment of rupee loans.
• The RBI also issued a revised circular for bankers capturing the changes.

INS Sunayna, a second Saryu-class patrol vessel, participated in the training exercise 'Operation Southern Readiness 2023.' The exercise focused on promoting security, stability, and prosperity in international waters and was conducted in Seychelles. Therefore, option b is the correct answer.

SEBI introduced new disclosure norms for listed companies. These norms include strict timelines for disclosures and criteria for determining the materiality of events. The new regulations were implemented from July 15, 2023, to enhance transparency and improve corporate governance. Therefore, option b is the correct answer.