Dena Bank PO Mock Test - 1 - Bank Exams MCQ

We may label the figure as shown.

• The simplest triangles are IJQ, JKQ, KLQ, LMQ, MNQ, NOQ, OPQ and PIQ i.e. 8 in number.
• The triangles composed of two components each are ABQ, BCQ, CDQ, DEQ, EFQ, FGQ, GHQ, HAQ, IKQ, KMQ, MOQ and OIQ i.e. 12 in number.
• The triangle composed of four components each are ACQ, CEQ, EGQ, GAQ, IKM, KMO, MOI and OIK i.e. 8 in number.
• The triangles composed of eight components each are ACE, CEG, EGA and GAC i.e. 4 in number.

∴ Total number of triangles in the figure : 8 + 12 + 8 + 4 = 32.

Squares :

• The squares composed of two components each are IJQP, JKLQ, QLMN and PQNO i.e. 4 in the number.
• The squares composed of four components each are ABQH, BCDQ, QDEF and HQFG i.e. 4 in number.
• There is only one square i.e. IKMO composed of eight components.
• There is only one square i.e. ACEG composed of sixteen components.
• Thus, there are 4 + 4 + 1 + 1 = 10 squares in the given figure.

Hence, option C is correct.

'value' is third to the left of 58 in step 3.
Hence option B is correct.

Final Output:
Input: goods 32 import 58 46 value
Step 1: value goods import 58 46 32
Step 2: import value goods 58 32 46
Step 3: goods import value 32 46 58
Step 4: 19 20 5 6 24 40
 
Common Explanation:
Reference:
Input: drink 25 milk 38 daily 47
daily drink milk 25 38 47
25 11 11 10 24 28
milk drink 38 daily 47 25
drink milk daily 47 25 38
I. The step that starts with a word that has even number of letters is an odd numbered step.
II. The step number of the step that starts as well as ends with a number is a perfect square.
III. The step that ends with a prime number is below at least two steps.
IV. The step that ends with a perfect square is not the second last step.
 
Inference:
As per condition III, step “daily drink milk 25 38 47” could either be step 3 or step 4.
As per condition II, step “25 11 11 10 24 28" could either be step 1 or 4.
As per condition I, step “milk drink 38 daily 47 25” could either be step 1 or step 3, but as per condition IV, we can say that it is not step 3. Thus it will be step 1.
Thus we can say that step “25 11 11 10 24 28” is step 4.
With this it is confirmed that step “daily drink milk 25 38 47” is step 3.
So the remaining step “drink milk daily 47 25 38” will be step 2.

Input: drink 25 milk 38 daily 47
Step 1: milk drink 38 daily 47 25
Step 2: drink milk daily 47 25 38
Step 3: daily drink milk 25 38 47
Step 4: 25 11 11 10 24 28

Change in words: Words are rearranged at the extreme left end on the basis of reverse dictionary order.
Change in numbers: Numbers are rearranged at the extreme right end as per ascending order.
 
Reference:
Input: drink 25 milk 38 daily 47
Step 1: milk drink 38 daily 47 25

Inference:
Input: goods 32 import 58 46 value
Step 1: value goods import 58 46 32
 
Reference:
Step 1: milk drink 38 daily 47 25
Step 2: drink milk daily 47 25 38
 
Inference:
Step 1: value goods import 58 46 32
Step 2: import value goods 58 32 46
 
Reference:
Step 2: drink milk daily 47 25 38
Step 3: daily drink milk 25 38 47
 
Inference:
Step 2: import value goods 58 32 46
Step 3: goods import value 32 46 58
 
Reference:
Step 3: daily drink milk 25 38 47
Step 4: 25 11 11 10 24 28
 
Inference:
The words are converted into the numerical value of their last letter considering A-Z as 1-26.
The numbers are changed to the product of digits of the number in step 3.
Step 3: goods import value 32 46 58
Step 4: 19 20 5 6 24 40

It is given in the statements, that C cannot travel with A or B. E cannot travel with B or F. G cannot travel with F, or H, or D. By formulating the table we get

Q is with A and G is with Q => G and Q are travelling together on motorcycle M3
F travels on M1 and E travels on M2 motorcycles.
D is travelling with P on M2 => D and E are traveling together on M2
B cannot go with R => F and B go together on M1
Therefore, C and H go together on M4

So, the table can formed as below:

Five persons - Nimisha, RIshita, Jahanavi, RItik and Raj
Statement I: Neither Janahavi nor Raj goes to GCET. Jahanavi does not have Adidas, The one who has Puma goes to GCET. Rishita does not have Puma.

Hence statement I alone is not sufficient to answer.
Statement II: Rishita does not go to BCET. Nimisha has Reebok but does not go YCET. The one, who goes BCET and has Adidas.

Hence statement II alone is not sufficient to answer
When we merge both the statements together,

Raj goes to BCET, Hence I and II together are sufficient to answer.

From I:
1. T is kept at bottom having pink cover. P is at second position from top.
2. Book having Red cover is kept at the top. Q book is just placed below P book.

3. There is a gap of one place between R and S, which has cover of Green color.
4. R having Blue cover is above S, which means R book is kept just below Q book.

Clearly, no exact position for V book is known.
Hence, statement I is not sufficient alone.

From II:
We have: ·
1. V is kept third from the bottom just below R having Blue cover.
2. U book is kept on top at a gap of one place from Q book.

3. V book having Black cover is kept at any place below P book.
4. T book having Pink cover is kept at any place below S book, which means T book is kept at bottom.

Clearly, exact position Yellow covered book is not known.
Hence, statement II is not sufficient alone.

From I and II:
After combining statement I and II we have:

Clearly, exact position of Yellow covered book is not known. 
Hence, statement I and II together not sufficient.
Hence, option IV is correct answer.

The innings at Kolkata in 2000-01 was one of the magnificent innings ever played.

The Botanical Survey of India (BSI) is an institution set up by the Government of India in 1887 to survey the plant resources of the Indian empire. The Botanical Survey was formally instituted on 13 February. 1890 under the direction of Sir George King, who had been superintendent of Royal Botanic Garden, Calcutta since 1871. After India's independence, survey was drawn for the much-needed inventorisation of the country's rich floral resources, and Dr. E.K. Janaki Ammal was appointed Officer on Special Duty on 14 October, 1952. The reorganisation plan was finally approved by the Government of India on 29 March, 1954 with Calcutta as the headquarters of Botanical Survey of India.

Zero Hour in Parliament starts at 12 noon during which members raise matters of importance, especially those that cannot be delayed. Zero Hour is the Indian innovation in the field of parliamentary procedures and has been in existence since 1962. However, it does not find mention in the rules of procedure. During zero hour, questions are asked about issues of public importance without prior permission. These questions are usually directed against individual ministers.

The authorized capital of RRBs – Rs. 5 crores

The Cooperative Credit Societies Act of 1904 was amended in 1912 to allow non-credit societies to be formed. The Maclagan Committee was formed in 1915 to assess their performance and provide recommendations for improvement.

A liquidity adjustment facility (LAF) is a tool used in monetary policy, primarily by the Reserve Bank of India (RBI), that allows banks to borrow money through repurchase agreements (repos) or for banks to make loans to the RBI through reverse repo agreements. This arrangement manages liquidity pressures and assures basic stability in the financial markets. In the United States, the Federal Reserve transacts repos and reverse repos under its open market operations.

The Government of India has introduced several financial Inclusion schemes. They are
i. Basic Savings Bank Deposit Account (BSBDA)
ii. Lead Bank scheme
iii. PradhanMantri Jan DhanYojana (PMJDY)
iv. Business correspondents
v. Stand up India scheme

Money and Capital market in India

• Capital market instruments are riskier both concerning returns and principal repayment.
• Issuing companies may fail to perform as per projections and promoters may defraud investors.
• On the other hand, the money market is generally much safer with a minimum risk of default. Hence, Statement 1 is correct.
• This is due to the shorter duration of investing and also to the financial soundness of the issuers, which primarily are the government, banks, and highly rated companies.
• Investment in the capital market i.e., securities do not necessarily require a huge financial outlay. Hence, Statement 2 is incorrect.
• The value of units of securities is generally low i.e., Rs 10, Rs 100. In the money market, transactions entail huge sums of money as the instruments are quite expensive. 
• Investment in capital markets generally yields a higher return for investors than the money markets. Hence, Statement 3 is correct.
• The possibility of earnings is higher if the securities are held for a longer duration.
• First, there is the scope of earning capital gains in equity shares.
• Second, in the long run, the prosperity of a company is shared by shareholders by way of high dividends and bonus issues. 

Causes of NPA:

1. Business Management problems
2. Internal bank Management
3. Credit Policy
4. Lack of adequate resources

RBI permitted NBFCs/FIs to establish ATMs with their brand name. These are known as White Label ATMs.

An Asset Reconstruction Company (ARC) is a specialist financial firm that purchases non-performing assets (NPAs) from banks and financial institutions to help them clean up their balance sheets.

• Currently, BHIM is available in 20 languages, i.e., Hindi, English, Tamil, Telugu, Malayalam, Bengali, Odia, Kannada, Gujarati, Marathi, Assamese, Bengali, Bhojpuri, Haryanvi, Marwari, Konkani, Manipuri, Khasi and Mizo.
• Bharat Interface for Money (BHIM) is a mobile payments application based on NPCI’s Unified Payments Interface (UPI) which helps in making simple, easy and quick payment transactions
• One can make instant bank-to-bank payments and Pay and collect money using just Mobile number or Virtual Payment Address (UPI ID).
• BHIM was launched on 30th December 2016 by PM Narendra Modi.
• Through BHIM App, one can't pay more than Rs. 20,000 in a transaction. So if one wants to pay more than Rs. 20,000, one has to pay twice.
• The daily limit for BHIM app transaction is ₹40,000.
• There is also a limit to the number of transactions through the BHIM app. The UPI prohibits more than 10 transactions by an account in 24 hours. 

• NBFC’s lend and make investments and hence their activities are similar to that of banks; however there are a few differences as given below:
  • NBFC cannot accept demand deposits;
  • NBFCs do not form part of the payment and settlement system and hence cannot issue cheques
  • Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks.

A NBFC is usually regulated by Reserve Bank of India subject to some exemptions which are mentioned below.
There are various companies that are not regulated by RBI:

• Housing Finance Companies
• Merchant Banking Companies
• Stock Exchanges
• Companies engaged in the business of stock-broking/sub-broking
• Venture Capital Fund Companies
• Nidhi Companies
• Insurance companies and
• Chit Fund Companies

These all are NBFCs but they have been exempted from the requirement of registration under Section 45-IA of the RBI Act, 1934 subject to certain conditions.

• Housing Finance Companies are regulated by National Housing Bank
• Merchant Banker/Venture Capital Fund Company/stock-exchanges/stock brokers/sub-brokers are regulated by Securities and Exchange Board of India
• Insurance companies are regulated by Insurance Regulatory and Development Authority
• Chit Fund Companies are regulated by the respective State Governments
• Nidhi Companies are regulated by Ministry of Corporate Affairs, Government of India.

Companies that do financial business but are regulated by other regulators are given specific exemption by the Reserve Bank from its regulatory requirements for avoiding duality of regulation.

Michael Miebach, the CEO of Mastercard, recently joined the board of directors of the US-India Strategic and Partnership Forum (USISPF). This partnership aims to foster collaborations in various sectors, promote digital transformation, and address global challenges. Miebach's appointment highlights the significance of the US-India relationship in shaping the future of the global economy.

The United Nations designated June 27 as Micro, Small, and Medium-sized Enterprises (MSME) Day to acknowledge their significant contribution to the global economy and their role in achieving the Sustainable Development Goals (SDGs). MSMEs promote innovation, creativity, and decent work for all.

The theme for MSME Day 2023 in India is "Future-ready MSMEs for India@100." This theme emphasizes the importance of MSMEs in shaping India's future and highlights the need for these enterprises to be prepared and adaptive to upcoming challenges.

The International Institute for Management Development (IMD) released the Global Competitiveness Index for 2023. This index ranks countries based on various factors that contribute to their competitiveness in the global economy.

Denmark secured the top position in the 2023 Global Competitiveness Index. This indicates that Denmark is considered the most competitive country in terms of factors such as productivity, innovation, and business environment.

The primary purpose of the US-India Strategic and Partnership Forum (USISPF) is to address global challenges and strengthen bilateral ties between the United States and India. The forum aims to facilitate collaborations in various sectors and promote sustainable economic growth.

Hydrogen-powered trains are currently running only in Germany. The project in India is being closely watched by the rest of the world to see how India will initiate such trains.

The theme for this year's World Drug Day is "People First: Stop Stigma and Discrimination, Strengthen Prevention." The United Nations Office on Drugs and Crime (UNODC) aims to raise awareness about treating people who use drugs with respect and empathy.

World Polio Day is observed every year on October 24 to raise awareness about the polio vaccination and eradication of polio.
The day highlights the efforts of the frontline workers who work to provide vaccines in polio-hit countries. This year, the overarching theme of World Polio Day is ‘A healthier future for mothers and children’. World Polio Day was established in 1985 to commemorate the birth of Jonas Salk, who was the lead researcher of the team that developed the first Polio vaccine