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EPFO Assistant Mains Mock Test - 5 - Bank Exams MCQ


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30 Questions MCQ Test - EPFO Assistant Mains Mock Test - 5

EPFO Assistant Mains Mock Test - 5 for Bank Exams 2024 is part of Bank Exams preparation. The EPFO Assistant Mains Mock Test - 5 questions and answers have been prepared according to the Bank Exams exam syllabus.The EPFO Assistant Mains Mock Test - 5 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for EPFO Assistant Mains Mock Test - 5 below.
Solutions of EPFO Assistant Mains Mock Test - 5 questions in English are available as part of our course for Bank Exams & EPFO Assistant Mains Mock Test - 5 solutions in Hindi for Bank Exams course. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free. Attempt EPFO Assistant Mains Mock Test - 5 | 150 questions in 120 minutes | Mock test for Bank Exams preparation | Free important questions MCQ to study for Bank Exams Exam | Download free PDF with solutions
EPFO Assistant Mains Mock Test - 5 - Question 1
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Which one will replace the question mark ?

Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 1

 

How the number is obtained?

 

2 + 4 = 6

5 + 9 = 14

Similarly,

3 + 5 = 8

Therefore, the answer is K8.

EPFO Assistant Mains Mock Test - 5 - Question 2
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Which one will replace the question mark ?

Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 2

(5 x 3) + 4 = 19

and (6 x 4) + 5 = 29

Therefore, (7 x 5) + 6 = 41

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EPFO Assistant Mains Mock Test - 5 - Question 3
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Which one will replace the question mark ?

Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 3

(15 x 2 - 3) = 27,

(31 x 2 - 6) = 56

and (45 x 2 - 9) = 81

EPFO Assistant Mains Mock Test - 5 - Question 4
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Directions to Solve

In each word of the following questions consists of pair of words bearing a relationship among these, from amongst the alternatives, pick up the pair that best illustrate a similar relationship.

Question -

Scales : Fish
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 4

As scales from an outer layer of fish similarly skin form an outer layer of man.

EPFO Assistant Mains Mock Test - 5 - Question 5
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Directions to Solve

In each word of the following questions consists of pair of words bearing a relationship among these, from amongst the alternatives, pick up the pair that best illustrate a similar relationship.

Question -

Numismatist : Coins
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 5

As Numismatist collects coins similarly Philatelist collects stamps.

EPFO Assistant Mains Mock Test - 5 - Question 6
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Directions to Solve: In each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and

Give answer:
- (A) If the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question
- (B) If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question
- (C) If the data either in statement I alone or in statement II alone are sufficient to answer the question
- (D) If the data given in both statements I and II together are not sufficient to answer the question and
- (E) If the data in both statements I and II together are necessary to answer the question.

Question: In which year was Rahul born ?
Statements: I.Rahul at present is 25 years younger to his mother.
II.Rahul's brother, who was born in 1964, is 35 years younger to his mother.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 6

From both I and II, we find that Rahul is (35 - 25) = 10 years older than his brother, who was born in 1964. So, Rahul was born in 1954.

So Option E is correct

EPFO Assistant Mains Mock Test - 5 - Question 7
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Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit. 
Statement:
‘Smoking is injurious to health’ – A statutory warning printed on a cigarette box.
Assumptions: 
I. The warning will have a negative effect on the smoking habits of the people buying the product.
II. People will not pay heed to such notices.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 7

When such a warning is printed on a cigarette box (though only to abide by the law!) the assumption is clearly that it will have a negative effect on smoking habits of the people. Thus, it is a valid assumption. II cannot be an assumption as then such a notice would not have been printed on the cigarette boxes, and even the Government would not have asked the cigarette companies to do so.

EPFO Assistant Mains Mock Test - 5 - Question 8
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Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit. 
Statement:
‘I do not think the use or misuse of expensive gadgets, modern technology and the likes defines our generation. On the other hand, we are also intellectually superior than our previous generations as we’re more receptive to change, we like experimenting and the gadgets and technology are just the culmination of such traits.’– Mr Prakash during a debate on ‘Whether we control technology or the technology controls us’.
Assumptions: 
I. Being receptive to change and continuous experimentation leads to intellectual superiority.
II. The use of expensive gadgets leads to intellectual superiority.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 8

Mr Prakash is clearly connecting ‘being receptive to change’ and ‘being intellectually superior’ since he uses the words ‘as’ to connect these two traits (as we’re more receptive to change). Thus, it is a valid assumption. However, no connection or co-relation has been shown between use of gadgets and intellectual superiority. Thus, II is not an assumption in this statement.

EPFO Assistant Mains Mock Test - 5 - Question 9
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A machine P can print one lakh books in 8 hours, machine Q can print the same number of books in 10 hours while machine R can print them in 12 hours. All the machines are started at 9 A.M. while machine P is closed at 11 A.M. and the remaining two machines complete work. Approximately at what time will the work (to print one lakh books) be finished ?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 9

(P + Q + R)'s 1 hour's work = 1/8 + 1/10 + 1/12 = 37/120
Work done by P, Q and R in 2 hours = 37/120 x 2 = 37/60
Remaining work = 1 - 37/60 = 23/60
(Q + R)'s 1 hour's work = 1/10 + 1/12 = 11/60
Now, 11/60 work is done by Q and R in 1 hour.
So, 23/60 work will be done by Q and R in 60/11 x 23/60 = 23/11 hours ≌ 2 hours.
So, the work will be finished approximately 2 hours after 11 A.M., i.e., around 1 P.M.

EPFO Assistant Mains Mock Test - 5 - Question 10
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Q. A man takes 5 hours 45 min in walking to a certain place and riding back. He would have gained 2 hours by riding both ways. The time he would take to walk both ways, is:
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 10

Let the distance be x km. Then,
(Time taken to walls x km) + (Time taken to ride x km) = 23/4 hrs
⇒  (Time taken to walls 2x km) + Time taken to ride 2x km  =  23/2 hrs
but time taken to ride 2x km = 15/4 hrs 
Therefore, Time taken to walk 2x km = (23/2 - 15/4) hrs = 31/4 hrs =7 hr 45 min.

EPFO Assistant Mains Mock Test - 5 - Question 11
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Look at this series: 53, 53, 40, 40, 27, 27,...so on. What number should come next?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 11

A number is repeated. Then it is reduced by 13 and the result is repeated.

► The next number is 27-13=14.

EPFO Assistant Mains Mock Test - 5 - Question 12
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3 balls are drawn randomly from a bag contains 3 black, 5 red and 4 blue balls. What is the probability that the balls drawn contain balls of different colors?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 12

Total number of balls = 3 + 5 + 4 = 12

Let S be the sample space.
n(S) = Total number of ways of drawing 3 balls out of 12 = 12C3

Let E = Event of drawing 3 different coloured balls

To get 3 different coloured balls,we need to select one black ball from 3 black balls,
one red ball from 5 red balls, one blue ball from 4 blue balls

Number of ways in which this can be done = 3C1 × 5C1 × 4C1
i.e., n(E) = 3C1 × 5C1 × 4C1

EPFO Assistant Mains Mock Test - 5 - Question 13
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The average rainfall for the first 3 days out of five days was recorded to be 0.45 inches. The rainfall on the last two days was in the ratio 2:3. The average of five days was 0.40 inches. What was the rainfall on the last day?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 13

EPFO Assistant Mains Mock Test - 5 - Question 14
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The average price of a share is the average of 5 readings taken at regular intervals in a day. The index price is taken by a weighted arithmetic average price of a class A and class B stock. The respective weights are 1.1 and 0.9 for the two kinds of stocks. If the five readings of a class A stock were 19, 26, 31, 35, 39 and for a class B stock the readings were 7, 8, 17, 20, 23 then what was the index price that day?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 14

EPFO Assistant Mains Mock Test - 5 - Question 15
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A merchant purchased two qualities of pulses at the rate of Rs. 200 per quintal and Rs. 260 per quintal. In 52 quintals of the second quality, how much pulse of the first quality should be mixed so that by selling the resulting mixture at Rs. 300 per quintal, he gains a profit of 25%?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 15

By selling at 300 if we need to get a profit of 25% it means that the cost price would be 300/1.25 = 240.

Thus, in 52 quintals of the second we need to mix 26 quintals of the first.

EPFO Assistant Mains Mock Test - 5 - Question 16
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The total salary of Guagn and Harish in an organization is Rs 30000. If the salary of Gugan increase by 5% and salary of Harish increase by 7%, then their total salary would increase to Rs 31800. Find the salary of Harish ?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 16

Answer – 2.Rs.15,000 Explanation : 7% increases 30000 = Rs 2100 =30000+2100 = Rs 32,100 But the actual increase in salary = 31800 Difference =32100 – 31800 = 300 2% = 300
Gugan’s salary =300/2 x 100 = 15000 Harish’s salary =30000 – 15000 = Rs 15000

EPFO Assistant Mains Mock Test - 5 - Question 17
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In a company, the salary of a person is directly proportional to his experience. The salary of a fresher is Rs. 20,000 per month and the salary of a person who has an experience of 2 years is Rs. 50,000.

If the company follows the methodology, what will be the salary of a person who has an experience of 5 years?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 17

Let salary = 20,000 + k (experience)
If experience = 2 years
Salary = 50,000
50,000 = 20,000 + k(2)
⇒ k = 15,000
So, for 5 years of experience, salary will be:
20,000 + 15,000(5)
= 95,000

EPFO Assistant Mains Mock Test - 5 - Question 18
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Two packs of 52 cards are shuffled together. The number of ways in which a man can be dealt 26 cards, so that he does not get two cards of the same suit and same denominations is
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 18

26 cards can be chosen out of 52 cards in 52C26 ways. There are two ways in which each card can be dealt, either from the first pack or from the second.
Total number of ways = 52C26 . 226

EPFO Assistant Mains Mock Test - 5 - Question 19
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In how many ways will a particular person be found among those six if six persons are to be selected out of ten?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 19

We require that the particular person is found in every group of 6 people out of a total of 10. As this person is common to all groups of 6, we will have to consider the number of ways of choosing the remaining 5 persons out of the other 9. This can be done in 9C5 ways = 126 ways.

EPFO Assistant Mains Mock Test - 5 - Question 20
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If the cost price of 15 tables is equal to the selling price of 20 tables, then the loss percentage in the transaction is
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 20

15 C.P. = 20 S.P.

There is 25% loss.

EPFO Assistant Mains Mock Test - 5 - Question 21
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A right circular cone of radius K cm and height 24 cm rests on the base of a right circular cylinder of radius K cm (their bases lie in the same plane, as shown in the figure). The cylinder is filled with water to a height of 24 cm. If the cone is then removed, to which height will the water fall?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 21

Height of water in the cylinder before the cone is taken out = 24 cm
Volume of water in the cylinder before the cone is taken out = Volume of cone + Volume of water
Let H be the height of the water level after the cone is taken out.




H = 16 cm

EPFO Assistant Mains Mock Test - 5 - Question 22
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The ratio of the volume of a sphere to its surface area is  
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 22

Volume of a sphere

Surface area = 4πr2 

Ratio of the volume to the surface area = r : 3

EPFO Assistant Mains Mock Test - 5 - Question 23
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Directions: Study the following bar chart carefully and answer the questions given beside.
The following bar graph shows the amount of production and sales over the years.(in tons) 

Q. What is the ratio of total production to total sales during the 6 given years?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 23

Total production in the given 6 years = 1045 tons 
Total sales in the given 6 years = 825 
The required ratio = 1045 : 825 = 209 : 165 = 19 : 15 
Hence, option A is correct.

EPFO Assistant Mains Mock Test - 5 - Question 24
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Directions: Study the following bar chart carefully and answer the questions given beside.
The following bar graph shows the amount of production and sales over the years.(in tons) 

Q. In which of the following years, the percentage of sales to production was second highest?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 24

From the table it is clear that in 2013, the percentage of sales to production was highest and in 2014 it was second highest. 
Hence, option B is correct.

EPFO Assistant Mains Mock Test - 5 - Question 25
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Statements :
I. V is taller than Q but shorter than M.
II. T is taller than Q and M but shorter than P.

Who among P, Q, T, V and M is exactly in the middle when they are arranged in ascending order of their heights ?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 25

From I, we have: M > V > Q.
From II, we have: T > Q, T > M, P > T.
Combining the above two, we have: P>T>M>V>Q i.e. Q
Clearly, M is in the middle.

EPFO Assistant Mains Mock Test - 5 - Question 26
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Directions: The following question has two blanks. In each blank a preposition has been omitted. Choose the set of prepositions for each blank that best fits in the context of the sentence.

A slew __________ new problems emerged directly __________ the government policies.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 26

A slew __________ new problems emerged directly __________ the government policies.

In the given sentence, ‘slew’ means ‘a large number or quantity of something’.

Evidently, the preposition that makes perfect sense in blank 1 is ‘of’.

This eliminates options A and D.

The sentence talks of problems arising out of government policies.

Hence, ‘from’ is the most appropriate preposition for blank 2.

So, option C is the correct answer.

EPFO Assistant Mains Mock Test - 5 - Question 27
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Directions: The following question has two blanks. In each blank a preposition has been omitted. Choose the set of prepositions for each blank that best fits in the context of the sentence.

Kylian Mbappe, who __________ 19 became the youngest to score in the World Cup final since Pele, showed glimpses of his extraordinary potential; he now looks set __________ greater things.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 27

Kylian Mbappe, who __________ 19 became the youngest to score in the World Cup final since Pele, showed glimpses of his extraordinary potential; he now looks set __________ greater things.

The first blank is right before a number that denotes age.

The preposition ‘at’ perfectly fits the blank. The preposition ‘at’ is always used before age.

This eliminates A and B.

‘For’ aptly fills the 2nd blank.

“Set off” and “set in” does not make any sense here.

‘Set off’ means= begin a journey/ to put in action an event or a series of events

‘Set in’ means= (of something unpleasant or unwelcome) begin and seem likely to continue

Hence, option D is the correct answer.

EPFO Assistant Mains Mock Test - 5 - Question 28
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Directions: Read the passage carefully and answer the questions that follow.

The government’s move to infuse upfront an additional capital of Rs 70,000 crore into public sector banks (PSBs) is welcome. The promised removal of the Damocles’ sword of punitive investigation of any banking decision hanging over the heads of bankers today will help banks lend the additional liquidity leveraging this capital would enable.

The moves to support non-banking financial companies (NBFCs) — such as enhancing additional liquidity support to housing finance companies to Rs 30,000 crore by National Housing Bank from Rs 20,000 crore and co-origination of loans by PSBs jointly with NBFCs that are reeling under a liquidity crunch — will provide a booster for fresh loans to the MSME sector.

A transparent one-time settlement policy being provided by banks to benefit MSMEs and retail borrowers in settling their overdues is pragmatic. But banks also must acquire the expertise to assess MSME loan viability and invest in data mining.

Making banks link their lending rates to the repo rates will help better transmission of monetary policy. But for this to work without impairing bank financial health, multiple structural rigidities in the system must be removed. Public sector pre-emption of the bulk of household financial savings must end, for the bond market to really take off to provide longer-term funds for infrastructure projects.

Steps such as further development of the credit default swap markets, facilitating increased trading for price discovery, and establishing an organisation to provide credit enhancement for infrastructure and housing projects make eminent sense, as does onshoring the offshore rupee derivative markets.

A coherent policy of managerial reform, including of remuneration, at public sector banks must accompany the measures announced, for them to take effect.

Q. According to the passage, what will provide a booster for fresh loans to the MSME sector?

I. Loan waivers and collateral free loans.
II. Increasing additional liquidity support of Rs 20,000 cr by 50%.
III. Joint contribution of credit by PSBs and NBFCs.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 28

Refer to: 
The moves to support non-banking financial companies (NBFCs) — such as enhancing additional liquidity support to housing finance companies to Rs 30,000 crore by National Housing Bank from Rs 20,000 crore and co-origination of loans by PSBs jointly with NBFCs that are reeling under a liquidity crunch — will provide a booster for fresh loans to the MSME sector.
Increasing 20,000 by 50% gives us 30,000 and co-origination of loans refers to joint contribution of credit. Hence, statements II and III are correct. However, nothing has been mentioned about loan waivers and collateral free loans. So the first statement is incorrect.
Evidently, option B is the correct answer.

EPFO Assistant Mains Mock Test - 5 - Question 29
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Currency appreciation depicts a situation when domestic currency gains its value in relation to a foreign currency.
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 29

Rising in the value of domestic currency in the foreign exchange market is known as currency appreciation,

EPFO Assistant Mains Mock Test - 5 - Question 30
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What are the functions of the Capital Market?
Detailed Solution for EPFO Assistant Mains Mock Test - 5 - Question 30

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
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