SIDBI Assistant Manager Mock Test - 4 - Banking Exams MCQ

Directions: This question given below is followed by two arguments numbered I and II. You have to decide which of the following arguments is a ‘strong’ argument and which is a ‘weak’ argument. 
Statement: 
Should there be restrictions on free media?
Arguments: 
I. Yes. Sometimes restrictions are needed to control free media.
II. No. It’s the fourth pillar of our democracy.

Directions: These questions are based on the following information, read the comprehension carefully to answer the given questions.
Eight people A, B, C, D, E, F, G and H are sitting around a circular table but not necessarily in the same order. Some are facing inside and some are facing outside. Not more than two people facing same direction are sitting together.
H sits third to the right of C who is not facing outside. Immediate neighbours of H are facing same directions with respect to each other but opposite direction with respect to H who is facing inside. B is the immediate neighbor of E and both are facing same direction. E sits second to the left of C who is not the immediate neighbor of B. There are equal number of persons facing inside and outside direction. B sits third to the left of A and both are facing opposite directions to each other. H sits to the immediate right of D. F sits second to the left of G.

Q. If D leaves the group, what will be H's position?

Directions: Read the information given below to answer these questions:
(i) Aarti is older than Sanya.
(ii) Muskan is elder than Aarti but younger than Kashish.
(iii) Kashish is elder than Sanya.
(iv) Sanya is younger than Muskan.
(v) Gargi is the eldest.

Q. Garima is taller than Sarita but not taller than Reena. Reena and Tanya are of the same height. Garima is shorter than Anu. Amongst all the girls, who is/are the shortest?

Read the following statements carefully to answer the questions:
I. X is older than L.
II. M and N are of equal age.
III. Z is the youngest.
IV. Y is younger than N.
V. Y is older than X.

Q. Which statement(s) indicate(s) than N is older than Z?

A man goes to his office from his house at a speed of 3 km/hr and returns at a speed of 2 km/hr. If he takes 5 hours in going and coming, what is the distance between his house and office?

Directions: Study the table given below and answer the questions that follow:
Total Number of Employees in different Departments of an Organization and Percentage of Females and Males.

Q. The total number of employees in the HR department forms approximately what per cent of the total number of employees in the Accounts department?

Direction: Read the following information carefully and answer the questions given below it.
Natasha wants to pursue her B. Tech from Massachusetts Institute of Technology, United States, but to be able to afford it, she has to take an education loan. The loan agreement guaranteed to pay 80% of all her expenses. This way she only had to bear the remaining costs. As soon as she landed in the United States, she had to pay the rent for her new apartment. The apartment rent was $550 per month. She then paid her tuition fee for the current semester worth $25000. On an average she spent $340 on utilities and groceries per month. Given that, Natasha's course lasted a total of two years (comprising of 2 semesters per year) and the bank gave 80% of the total expenses of two years at the beginning of her course.

Q. How much did the bank have to pay in total for two years on behalf of Natasha?

Direction: Study the pie-chart given below carefully and answer the questions that follow.
Percentage-wise break up of students in terms of specialization in M.B.A.
Total Number of students = 8000.

Q. What is the total number of students having specialisation in IR, marketing and IT?

In the following questions four alternatives are given for the idiom/phrase italicised and underlined in the sentence. Choose the alternative which best expresses the meaning of idiom/phrase. 

Q. Why must you look a gift horse in the mouth ? 

The manager of the plastic fork factory tried to convince the unruly factory workers they should join forces to optimize production on the belt rather than attemptingto be contrary.

Directions: In the following questions, a sentence is given with two blanks. You have to find the pair of words from the given options that fit both the blanks in the given order and make the sentence grammatically and contextually correct. 

It is now important for the central bank to _______ that the discipline in the system does not ________.  

Directions: In the question given below there are two statements, each statement consists of two blanks. You have to choose the option which provides the correct set of words that fits both the blanks in both the statements appropriately and in the same order making them meaningful and grammatically correct. 

I. India is a ________ after destination for medical tourism, but in the area of early screening and intervention it is still ________ behind, and early developmental screening is more the exception than the rule.

II. The minister interacted with the local residents and ________ their feedback on the developmental policies as he wanted to know why the district, which was a knowledge hub earlier, was presently ________ in crucial indicators of development. 

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.

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. What is the meaning of the idiom “Damocles’ sword”, as used in the passage?

Directions: Read the passage and answer the questions that follow:

Paragraph 1: The government has announced a list of ‘Institutes of Eminence’ (IoE) among India’s institutions of higher education. This was awaited for the simple reason that finding a place on it would save an educational institution from the clutches of a dreaded regulator. Regulators are meant to ensure that we have a socially desirable outcome, but in the case of higher education in India the opposite seems to have been the case. The University Grants Commission (UGC) has over half a century micro-managed this space to an unimaginable level of silliness. The result has been publicly-funded universities that are cavernous wastes, shattering the aspirations of our youth and producing low-level ‘knowledge’. Evidence of the role of India’s higher-education regulator may be seen in the feature that the few instances when this is not the case the institutions have enjoyed privilege that leaves them protected from its depredations.

Paragraph 2: The latest offering is in the form of a proposed Higher Education Commission of India (HECI). The intention is to leave the HECI to focus on quality while leaving funding of public institutions to the Ministry of Human Resource Development (MHRD). Even as we observe the progress of the HECI and wonder if it is going to be any more than old wine in a new bottle, we already have an inkling of what could go wrong. This springs from the government’s announcement of a list of IoEs. The government has chosen three public and three private institutions for this status. The public institutions are the Indian Institute of Science, Bengaluru, and the Indian Institutes of Technology at Delhi and Mumbai. The private ones are the Birla Institute of Technology and Science Pilani, the JIO Institute and the Manipal Academy of Higher Education. This list suffers from a serious lack of credibility. Where in it are the universities of India? We understand that the government’s aim is to rectify the low presence of Indian institutions in the global rankings of universities.

Paragraph 3: While the early European universities may have started as academies of the arts they were soon to have medicine and astronomy as areas that they pursued with vigour. Somewhere along the line we seem to have lost this breadth and come to revel in a landscape dominated by engineering schools. These engineering schools, notably the IITs, have done us proud but cannot be equated with the great universities of the world for the simple reason that they are focussed on a narrow domain. Also, if the idea behind IoEs is that they will be left alone and given enhanced financial support, it must be acknowledged that until very recently the IITs have not been meddled with neither have they been starved of resources. The IISc is of course broader than the IITs but does not embrace the social sciences and the humanities, the presence of which would be considered necessary for a university.

Paragraph 4 : If a list of eminent institutions in the country is at all needed, the absence of the Jawaharlal Nehru University (JNU) from the first list of IoEs is striking. Its faculty has brought many of the world’s leading ideas to Indian students and in at least area came close to building a new school of thought, however controversial. It is not as if similar efforts in the social sciences have not occurred elsewhere in India but JNU has perhaps sustained its reputation as a university for longer. It already had schools of Computer Science and the Life Sciences over four decades ago when these were fledgling disciplines giving it a certain breadth early on.

Paragraph 5 : Even as we may wonder at the exclusion of JNU from the list of IoEs released by the government one might wonder at how the private institutions that are on it made the cut. While BITS Pilani may have made a significant contribution to the country at a time when it desperately needed engineers, but is yet not what may be considered a university, the presence of the two others on the list leave one nonplussed. One of them, we are told, has been conferred the status on grounds of its promise, a dubious position to take as this institute has little to show except for the financial heft that will surely undergird it. The other is known largely for its association with the practice of charging capitation fees for education.

Q. Which of the following may be inferred from paragraph 3?
I. Universities should embody knowledge across a wide range of disciplines.
II. There is an emphasis on a depth of knowledge across a broad horizon in Indian Universities today.
III. In India, a lot of focus is given to Institutions which are focused on only few areas.

Directions: Out of the given alternatives, choose the one which can be substituted for the given words/sentence.

One who studies insect life:

Who did The Rock wrestle in the main event at the 1999 edition of "Wrestlemania"?

The Saka era commencing from A.D. 78, was founded by -

Assertion (A): Purchase of Machinery from rest of the world is an economic transaction of capital account of BoP.
Reason (R): Any transaction that impacts the assets or liabilities of a country are recorded on current account of BoP.
Alternatives

When a bank fails to pay its depositors, the Deposit Insurance Credit Guarantee Corporation (DICGC) provides deposit insurance. What is the maximum amount insured by the Deposit Insurance and Credit Guarantee Corporation of India (DICGC)?

Pradhan Mantri Jan Dhan Yojna is primarily aimed at___________

Who invented the Automated Teller Machine (ATM)?

The AMFI is dedicated to expanding the Indian Mutual Fund Industry on professional, healthy, and ethical lines, as well as to improving and maintaining standards in all areas to safeguard and promote mutual funds and their unit holders. What does A represent?

What is the expansion of BHIM?

Who has been appointed as the new chairman of selectors for the Indian men's cricket team?

How many ODIs and Tests has Ajit Agarkar played?

Who is organizing the International Conference on Green Hydrogen?