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SIDBI Assistant Manager Mock Test - 10 - Banking Exams MCQ


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30 Questions MCQ Test - SIDBI Assistant Manager Mock Test - 10

SIDBI Assistant Manager Mock Test - 10 for Banking Exams 2024 is part of Banking Exams preparation. The SIDBI Assistant Manager Mock Test - 10 questions and answers have been prepared according to the Banking Exams exam syllabus.The SIDBI Assistant Manager Mock Test - 10 MCQs are made for Banking Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for SIDBI Assistant Manager Mock Test - 10 below.
Solutions of SIDBI Assistant Manager Mock Test - 10 questions in English are available as part of our course for Banking Exams & SIDBI Assistant Manager Mock Test - 10 solutions in Hindi for Banking Exams course. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free. Attempt SIDBI Assistant Manager Mock Test - 10 | 160 questions in 120 minutes | Mock test for Banking Exams preparation | Free important questions MCQ to study for Banking Exams Exam | Download free PDF with solutions
SIDBI Assistant Manager Mock Test - 10 - Question 1
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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: How is Tanya(girl) related to the man in the photograph ?
Statements:
I.Man in the photograph is the only son of Tanya's grandfather.
II.The man in the photograph has no brothers or sisters and his father is Tanya's grandfather.

Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 1

From I, we conclude that the man is the only son of Tanya's grandfather i.e. he is Tanya's father or Tanya is the man's daughter.

From II, we conclude that the man's father is Tanya's grandfather. Since the man has no brothers or sisters, so he is Tanya's father or Tanya is the man's daughter.

So Option B is correct

SIDBI Assistant Manager Mock Test - 10 - Question 2
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Statements:

M<N<O=P; N = Q

Conclusions:

i. P>M, ii. Q<O

Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 2

The correct answer is E.

Given:

  • M<N<O=P
  • N = Q

Conclusions:

I. P>M

This is true. Since M<N<O=P, then P>M.

II. Q<O

This is true. Since N = Q and N<O, then Q<O.

Therefore, both conclusions I and II are true.

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SIDBI Assistant Manager Mock Test - 10 - Question 3
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Suraj started from a point X and went 5 km westwards. He then turned left and went straight for 2 km. Again, he turned left and went straight for 7 km. In which direction was he in the end with respect to point X?

Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 3

Suraj is to the southeast of point X.

SIDBI Assistant Manager Mock Test - 10 - Question 4
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Narendra starts his scooter from his house to a grocery store. He goes 3 km North, turns East and goes 3 km. He then turns South and goes 2 km. He then, turns East and goes 4 km more. Finally, he turns South and goes 6 km and reaches the grocery store, after which he stops.

What is the total distance covered by Narendra?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 4

Total distance covered is 3 + 3 + 2 + 4 + 6 = 18 km

SIDBI Assistant Manager Mock Test - 10 - Question 5
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Directions: In this question, two rows are given and to find out the resultant of a particular row, you need to follow the steps given below. Give answer to the question asked accordingly. The operations on numbers progress from left to right.

Step 1: If an odd number is followed by an even number, then the second number is to be subtracted from the first number.
Step 2: If an even number is followed by a composite odd number, then they are to be multiplied.
Step 3: If an even number is followed by a number which is a perfect Cube, then the even number is to be subtracted from perfect cube.
Step 4: If an even number is followed by a prime odd number, then the first number is to be divided by the second number.
Step 5: If an odd number is followed by another composite (a non-prime number) odd number, then they are to be added.

Q. Find the resultant of the second row, if N is the resultant of the first row.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 5

12 × 09 = 108 (As per step 2)
125 − 108 = 17 (As per step 3)
N = 17
17 + 21 = 38 (As per step 5)
38 × 15 = 570 (As per step 2)

SIDBI Assistant Manager Mock Test - 10 - Question 6
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Directions: Study the following information carefully and answer the questions given below:
Eight boxes – P, Q, R, S, T, U, V and W were placed in an almirah of eight shelves. The bottom shelf was numbered 1 and the topmost shelf was numbered 8. Each of these boxes contained different amount of Sugar – 25 kg, 20 kg, 17 kg, 10 kg, 8 kg, 5 kg, 2 kg and 1 kg but not necessarily in the same order.
Box V was placed at one of the even numbered shelves and contained 17 kg of Sugar. The box which was placed on 6th shelf contained 10 kg of Sugar. Box Q was placed immediately below the box which contained 8 kg of Sugar and immediately above the box which contained 2 kg of Sugar. Box R was not the lightest and Box U, was the heaviest. Box R was placed above the shelf on which Box U was placed but not on the even numbered shelf. Box P, contained 20 kg of Sugar, and was placed either at the top or bottom shelf. There are three boxes between Box U and Box S and Box S was placed below the shelf on which Box U was placed. T was placed immediately above the box which was heaviest.

Q. What amount of Sugar was contained by Box Q?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 6

Following the final solution we can say that box Q contained 1 Kg of Sugar.
Hence, the correct answer is option B.
Final Solution:

Common Explanation:
Reference:
Eight boxes – P, Q, R, S, T, U, V and W are placed in an almirah of eight shelves. The bottom shelf is numbered one and the topmost shelf is numbered 8. Each of these boxes contain different amount of Sugar – 25 kg, 20 kg, 17 kg, 10 kg, 8 kg, 5 kg, 2 kg and 1 kg but not necessarily in the same order.
Inference:
We will keep this information in mind while solving the puzzle.
Reference:
The box which was placed on 6th shelf contained 10 kg of Sugar.
Inference:
Using the above hints, we have:

Reference:
Box R was not the lightest and Box U, was the heaviest.
There are three boxes between Box U and Box S and Box S was placed below the shelf on which Box U was placed.
T was placed immediately above the box which was heaviest.
Inference:
Here, we have two possible scenarios in which we can use the above hints accordingly.
Case 1:

Case 2:

Here, we will make a mental note of information that Box R was not the lightest.
Reference:
Box R was placed above the shelf on which Box U was placed but not on the even numbered shelf.
Box P, contained 20 kg of Sugar, and was placed either at the top or bottom shelf. 
Inference:
At this point we cannot use the above hints in case 2 so we can say that case 2 is an invalid case.
Case 1:

Reference:
Box Q was placed immediately below the box which contained 8 kg of Sugar and immediately above the box which contained 2 kg of Sugar. 
Inference:
Here, we have two possible scenarios in which we can use the above hints in case 1 accordingly.
Case 1-A:

Case 1-B:

Reference:
Box V was placed at one of the even numbered shelves and contained 17 kg of Sugar.
Inference:
At this point we cannot fix the position of box V according to the above hints in case 1-B so we can say that case 1-B is an invalid case.
Case 1-A:

As we have already figured out that box R was not the lightest so we can say that box R contained 5 Kg of Sugar and box Q contained 1 Kg of Sugar.
Case 1-A:

SIDBI Assistant Manager Mock Test - 10 - Question 7
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Directions: Study the following information carefully and answer the questions given below:
Eight boxes – P, Q, R, S, T, U, V and W were placed in an almirah of eight shelves. The bottom shelf was numbered 1 and the topmost shelf was numbered 8. Each of these boxes contained different amount of Sugar – 25 kg, 20 kg, 17 kg, 10 kg, 8 kg, 5 kg, 2 kg and 1 kg but not necessarily in the same order.
Box V was placed at one of the even numbered shelves and contained 17 kg of Sugar. The box which was placed on 6th shelf contained 10 kg of Sugar. Box Q was placed immediately below the box which contained 8 kg of Sugar and immediately above the box which contained 2 kg of Sugar. Box R was not the lightest and Box U, was the heaviest. Box R was placed above the shelf on which Box U was placed but not on the even numbered shelf. Box P, contained 20 kg of Sugar, and was placed either at the top or bottom shelf. There are three boxes between Box U and Box S and Box S was placed below the shelf on which Box U was placed. T was placed immediately above the box which was heaviest.

Q. How many boxes were placed between the box which contained 5 kg of Sugar and the box which contained 1 kg of Sugar?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 7

Following the final solution we can say that four boxes were placed between the box which contained 5 kg of Sugar and the box which contained 1 kg of Sugar.
Hence, the correct answer is option A.
Final Solution:

Common Explanation:
Reference:
Eight boxes – P, Q, R, S, T, U, V and W are placed in an almirah of eight shelves. The bottom shelf is numbered one and the topmost shelf is numbered 8. Each of these boxes contain different amount of Sugar – 25 kg, 20 kg, 17 kg, 10 kg, 8 kg, 5 kg, 2 kg and 1 kg but not necessarily in the same order.
Inference:
We will keep this information in mind while solving the puzzle.
Reference:
The box which was placed on 6th shelf contained 10 kg of Sugar.
Inference:
Using the above hints, we have:

Reference:
Box R was not the lightest and Box U, was the heaviest.
There are three boxes between Box U and Box S and Box S was placed below the shelf on which Box U was placed.
T was placed immediately above the box which was heaviest.
Inference:
Here, we have two possible scenarios in which we can use the above hints accordingly.
Case 1:

Case 2:

Here, we will make a mental note of information that Box R was not the lightest.
Reference:
Box R was placed above the shelf on which Box U was placed but not on the even numbered shelf.
Box P, contained 20 kg of Sugar, and was placed either at the top or bottom shelf. 
Inference:
At this point we cannot use the above hints in case 2 so we can say that case 2 is an invalid case.
Case 1:

Reference:
Box Q was placed immediately below the box which contained 8 kg of Sugar and immediately above the box which contained 2 kg of Sugar. 
Inference:
Here, we have two possible scenarios in which we can use the above hints in case 1 accordingly.
Case 1-A:

Case 1-B:

Reference:
Box V was placed at one of the even numbered shelves and contained 17 kg of Sugar.
Inference:
At this point we cannot fix the position of box V according to the above hints in case 1-B so we can say that case 1-B is an invalid case.
Case 1-A:

As we have already figured out that box R was not the lightest so we can say that box R contained 5 Kg of Sugar and box Q contained 1 Kg of Sugar.
Case 1-A:

SIDBI Assistant Manager Mock Test - 10 - Question 8
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Directions: Study the following information carefully and answer the questions given below:
Eight boxes – P, Q, R, S, T, U, V and W were placed in an almirah of eight shelves. The bottom shelf was numbered 1 and the topmost shelf was numbered 8. Each of these boxes contained different amount of Sugar – 25 kg, 20 kg, 17 kg, 10 kg, 8 kg, 5 kg, 2 kg and 1 kg but not necessarily in the same order.
Box V was placed at one of the even numbered shelves and contained 17 kg of Sugar. The box which was placed on 6th shelf contained 10 kg of Sugar. Box Q was placed immediately below the box which contained 8 kg of Sugar and immediately above the box which contained 2 kg of Sugar. Box R was not the lightest and Box U, was the heaviest. Box R was placed above the shelf on which Box U was placed but not on the even numbered shelf. Box P, contained 20 kg of Sugar, and was placed either at the top or bottom shelf. There are three boxes between Box U and Box S and Box S was placed below the shelf on which Box U was placed. T was placed immediately above the box which was heaviest.

Q. Which of the following combinations is correct?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 8

Following the final solution we can say that four boxes 2 – Q – 1 Kg is the correct combination.
Hence, the correct answer is option C.
Final Solution:

Common Explanation:
Reference:
Eight boxes – P, Q, R, S, T, U, V and W are placed in an almirah of eight shelves. The bottom shelf is numbered one and the topmost shelf is numbered 8. Each of these boxes contain different amount of Sugar – 25 kg, 20 kg, 17 kg, 10 kg, 8 kg, 5 kg, 2 kg and 1 kg but not necessarily in the same order.
Inference:
We will keep this information in mind while solving the puzzle.
Reference:
The box which was placed on 6th shelf contained 10 kg of Sugar.
Inference:
Using the above hints, we have:

Reference:
Box R was not the lightest and Box U, was the heaviest.
There are three boxes between Box U and Box S and Box S was placed below the shelf on which Box U was placed.
T was placed immediately above the box which was heaviest.
Inference:
Here, we have two possible scenarios in which we can use the above hints accordingly.
Case 1:

Case 2:

Here, we will make a mental note of information that Box R was not the lightest.
Reference:
Box R was placed above the shelf on which Box U was placed but not on the even numbered shelf.
Box P, contained 20 kg of Sugar, and was placed either at the top or bottom shelf. 
Inference:
At this point we cannot use the above hints in case 2 so we can say that case 2 is an invalid case.
Case 1:

Reference:
Box Q was placed immediately below the box which contained 8 kg of Sugar and immediately above the box which contained 2 kg of Sugar. 
Inference:
Here, we have two possible scenarios in which we can use the above hints in case 1 accordingly.
Case 1-A:

Case 1-B:

Reference:
Box V was placed at one of the even numbered shelves and contained 17 kg of Sugar.
Inference:
At this point we cannot fix the position of box V according to the above hints in case 1-B so we can say that case 1-B is an invalid case.
Case 1-A:

As we have already figured out that box R was not the lightest so we can say that box R contained 5 Kg of Sugar and box Q contained 1 Kg of Sugar.
Case 1-A:

SIDBI Assistant Manager Mock Test - 10 - Question 9
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Direction: In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.

Statements: Any student who does not behave properly while in the school brings bad name to himself and also for the school.

Conclusions:

  1. Such student should be removed from the school.
  2. Stricter discipline does not improve behaviour of the students.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 9

Clearly, I cannot be deduced from the statement. Also, nothing about discipline is mentioned in the statement. So, neither I nor II follows.

SIDBI Assistant Manager Mock Test - 10 - Question 10
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Direction: In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.

Statements: Players who break various records in a fair way get special prizes. Player X broke the world record but was found to be under the influence of a prohibited drug.

Conclusions:

  1. X will get the special prize.
  2. X will not get the special prize.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 10

Clearly, X will not get the special prize because although he broke the world record, he was found to use unfair means. So, II follows while I does not.

SIDBI Assistant Manager Mock Test - 10 - Question 11
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Directions: Read the following information carefully and answer the questions.
Alex, Bravo, Charlie, Delta, Echo and Foxtrot joined six different colleges – UBS, SP JAIN, DAVIET, JBIMS, IIMA and IIMB and opted for six different courses in management – Marketing, Finance, Operations, HR, Logistics and General Management.
Each of them has a different educational qualification out of B. Tech, B.Sc, B.Com, C.A, BBM and BA.
The following information is available about them:

  • Delta joined SP JAIN and did not take up Marketing or Logistics and is not a B. Tech.
  • The person who joined IIMA opted for HR and is not a C.A or B.Sc.
  • Foxtrot is a C.A and has taken Finance management.
  • The person, who is a B.A graduate, joined JBIMS and took Logistics. Whereas, the person, who is a B.Com graduate, took up General Management.
  • The person, who is a B. Tech graduate, has taken Operations Management and did not join UBS or DAVIET.
  • Alex joined IIMB, Charlie is B.A graduate and Bravo took up HR.

Q. If Echo joined DAVIET, then the student who joined UBS, opted for:
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 11

Following the common explanation, if Echo joined DAVIET then Foxtrot will join UBS and opted for finance.
Option A 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.

SIDBI Assistant Manager Mock Test - 10 - Question 12
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Directions: Read the following information carefully and answer the questions.
Alex, Bravo, Charlie, Delta, Echo and Foxtrot joined six different colleges – UBS, SP JAIN, DAVIET, JBIMS, IIMA and IIMB and opted for six different courses in management – Marketing, Finance, Operations, HR, Logistics and General Management.
Each of them has a different educational qualification out of B. Tech, B.Sc, B.Com, C.A, BBM and BA.
The following information is available about them:

  • Delta joined SP JAIN and did not take up Marketing or Logistics and is not a B. Tech.
  • The person who joined IIMA opted for HR and is not a C.A or B.Sc.
  • Foxtrot is a C.A and has taken Finance management.
  • The person, who is a B.A graduate, joined JBIMS and took Logistics. Whereas, the person, who is a B.Com graduate, took up General Management.
  • The person, who is a B. Tech graduate, has taken Operations Management and did not join UBS or DAVIET.
  • Alex joined IIMB, Charlie is B.A graduate and Bravo took up HR.

Q. Which of the following persons joined IIMA?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 12

In the Following common explanation it is clear that Bravo joined IIMA.
Option A 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.

SIDBI Assistant Manager Mock Test - 10 - Question 13
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Directions: A number arrangement machine when given an input line of numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement.

Input:   62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46
Step3:  56 39 13 97 74 86 68 23 46 63
Step 4: 69 56 39 13 97 86 23 46 63 75
Step 5: 87 69 56 39 13 23 45 63 75 98

Find the different steps of output using the above-mentioned logic for the following input.
Input:  88 59 28 94 37 75 15 64 71 48

Q. How many numbers are there between 72 and the one which 4th to left of 76 in step 5?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 13

Clearly, there are two numbers between '16' which is 4th to the left of 76 and 72 in step 5.
Step 5: 89 72 60 38 16 29 49 65 76 95
Hence, option B is correct.

Complete Machine Process:
Input: 88 59 28 94 37 75 15 64 71 48
Step 1: 16 88 59 94 37 75 64 71 48 29
Step 2: 38 16 88 59 94 75 64 71 29 49
Step 3: 60 38 16 88 94 75 71 29 49 65
Step 4: 72 60 38 16 88 94 29 49 65 76
Step 5: 89 72 60 38 16 29 49 65 76 95

Common Explanation:
Change happening from Input to Step 1:

Reference:
Input: 62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23

Inference:
In every step, two numbers are changing their positions. In input, the lowest number which is 15, is first added by 1 and getting placed at extreme left end. Similarly, the second lowest number among all, which is 22 is also getting increased by 1 and is getting placed at the extreme right end of the input to give us Step 1.

Given Input: 88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
 
Reference
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46

Inference:
In this step too, the 3rd lowest number among all is first getting increased by 1 and is placed at the extreme left end of Step 1 and so is the case with the 4th lowest number. 

Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
 
And the same process continues till we get all the numbers arranged in similar fashion.

The complete Machine process is as follows:
Input:  88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
Step3: 60 38 16 88 94 75 71 29 49 65
Step4: 72 60 38 16 88 94 29 49 65 76
Step5: 89 72 60 38 16 29 49 65 76 95

SIDBI Assistant Manager Mock Test - 10 - Question 14
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A Man travelled a distance of 61 km in 9 hours. He travelled partly on foot at 4 km/hr and partly on bicycle at 9 km/hr. What is the distance travelled on foot?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 14

Let the time in which he travelled on foot = x hour
Time for travelling on bicycle = (9 - x) hr

Distance = Speed * Time, and Total distance = 61 km
So,
4x + 9(9-x) = 61
=> 5x = 20
=> x = 4

So distance traveled on foot = 4(4) = 16 km

SIDBI Assistant Manager Mock Test - 10 - Question 15
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A bag contains 6 red, 4 white and 8 blue balls. If three balls are drawn at random, find the probability that (i) all the three balls are of the same colour.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 15

The required probability would be given by: All are Red OR All are white OR All are Blue = (6/18) x (5/17) x (4/16) + (4/18) x (3/17) x (2/16) + (8/18) x (7/17)x (6/16) = 480/(18 x 17 x 16) 5/51 

SIDBI Assistant Manager Mock Test - 10 - Question 16
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Which of the following has no real root?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 16

SIDBI Assistant Manager Mock Test - 10 - Question 17
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How many floors does the building have (including ground floor)?
I. There are 3 families in the building and no two families live immediately above or below each other.
II. The area in which building is built has a rule that a building cannot have more than 4 floors (including ground floor).
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 17

From I : Suppose 1 family stays on ground floor, then the other should be on 2nd floor, and then third family on 4th floor, or there can be any other arrangement such no two families are on adjacent floors.
From II : Maximum of 4 floors means that the building can have 0 or 1 or 2 or 3 or 4 floors.
But if both statements are combined, which says that there are 3 families and they do not stay on alternate floors and maximum can be 4 floors, it is predicted that there are 4 floors in this building

SIDBI Assistant Manager Mock Test - 10 - Question 18
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A school has four sections A, B, C, D of Class IX students.

The results of half yearly and annual examinations are shown in the table given below.

Q. If the number of students passing an examination be considered a criteria for comparision of difficulty level of two examinations, which of the following statements is true in this context?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 18

Number of students who passed half-yearly exams in the school
= (Number of students passed in half-yearly but failed in annual exams) + (Number of students passed in both exams)
= (6 + 17 + 9 + 15) + (64 + 55 + 46 + 76)
= 288.
Also, Number of students who passed annual exams in the school
= (Number of students failed in half-yearly but passed in annual exams) + (Number of students passed in both exams)
= (14 + 12 + 8 + 13) + (64 + 55 + 46 + 76)
= 288.
Since, the number of students passed in half-yearly = the number of students passed in annual exams. Therefore, it can be inferred that both the examinations had almost the same difficulty level.
Thus Statements (a), (b) and (d) are false and Statement (c) is true.

SIDBI Assistant Manager Mock Test - 10 - Question 19
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A school has four sections A, B, C, D of Class IX students.

The results of half yearly and annual examinations are shown in the table given below.

Q. Which section has the maximum success rate in annual examination?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 19

Total number of students passed in annual exams in a section = [(No. of students failed in half-yearly but passed in annual exams) + (No. of students passed in both exams)] in that section
∴ Success rate in annual exams in Section A

Similarly, success rate in annual exams in:

Clearly, the success rate in annual examination is maximum for Section A.

SIDBI Assistant Manager Mock Test - 10 - Question 20
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Directions: Study the following bar chart carefully and answer the questions given beside.
The following graph shows the percentage break-up of sales of units of different products in 2018.

Product A is sold at Rs.40/unit. The shopkeeper earns Rs.18000 from product A.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 20

The required ratio is = 25 : 20 = 5 : 4
Hence, Option D is correct.

SIDBI Assistant Manager Mock Test - 10 - Question 21
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Directions: Study the following pie-chart carefully and answer the questions that follow:
Degreewise Break-up of Expenditure of a Family in a month
Total Amount Spent In a Month = Rs. 45800.

Q. The total amount spent by the family on Groceries, Entertainment and Investment together forms approximately what percent of the amount spent on Commuting?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 21

Percentage Break-up of expenditure is:

Amount spent on Groceries, Entertainment and Investments

Amount spent on Commuting

SIDBI Assistant Manager Mock Test - 10 - Question 22
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Read the each sentence to find out whether there is any grammatical error in it. The error, if any will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is 'D'. (Ignore the errors of punctuation, if any).
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 22

There is no error in the sentence.
 

SIDBI Assistant Manager Mock Test - 10 - Question 23
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Declining values for bonds, the financial vehicles against which investors hedgeto get through the bear market, is going to force currency trading to increase.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 23

Because ‘values’ is plural, you need the plural form of the verb ‘to be’. Eliminate A, B and C. The placement of the preposition ‘against’ in E is better than in D. Prepositions should not come at the end of phrases. Choice E is the correct answer.

SIDBI Assistant Manager Mock Test - 10 - Question 24
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Directions: Read the passage carefully and answer the questions that follow:

There is now no denying that the new government takes office amid a clear economic slowdown. The first macro data set released showed an under-performing economy with GDP growth falling to 5.8% in the fourth quarter of 2018-19 and pulling down the overall growth for the fiscal to a five-year low of 6.8%. Growth in gross value added (GVA), which is GDP minus taxes and subsidies, fell to 6.6% in 2018-19, pointing to a serious slowdown. If further confirmation were needed, the growth in core sector output — a set of eight major industrial sectors — fell to 2.6% in April, compared to 4.7% in the same month last year. And finally, unemployment data, controversially suppressed by the Union government so far, showed that joblessness was at a 45-year high of 6.1% in 2017-18. These numbers highlight the challenges ahead in drafting the Budget for 2019-20. The economy is beset by a consumption slowdown as reflected in the falling sales of everything from automobiles to consumer durables, even fast-moving consumer goods. Private investment is not taking off, while government spending, which kept the economy afloat during the last NDA government, was cut back in the last quarter of 2018-19 to meet the fiscal deficit target of 3.4%.

The good news is that inflation is undershooting the target and oil prices are on the retreat again. But the rural economy remains in distress, as seen by the 2.9% growth in agriculture last fiscal; the sector needs a good monsoon this year to bounce back. Overall economic growth in the first quarter of this fiscal is likely to remain subdued, and any improvement is unlikely until the late second quarter or the early third. There are not too many options before the new Finance Minister. In the near term, she has to boost consumption, which means putting more money in the hands of people. That, in turn, means cutting taxes, which is not easy given the commitment to rein in the fiscal deficit. In the medium term, Ms. Sitharaman has to take measures to boost private investment even as she opens up public spending again. These call for major reforms, starting with land acquisition and labour, corporate taxes by reducing exemptions and dropping rates, and nursing banks back to health. On the table will be options such as further recapitalisation of the ailing banks, and consolidation. The question, though, is where the money will come from. With tax revenues likely to be subdued owing to the slowdown, the Centre will have to look at alternative sources such as disinvestment. There may be little choice but to go big on privatisation. A rate cut by the Reserve Bank of India, widely expected this week, would certainly help boost sentiment. But it is the Budget that will really set the tone for the economy

Q. As per the passage, which of the following would lead to ‘putting more money in the hands of people’?

I. Decrease in tax rates.
II. Increase in inflation
III. Increase in private investment
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 24

Refer to: ‘. In the near term, she has to boost consumption, which means putting more money in the hands of people. That, in turn, means cutting taxes, which is not easy given the commitment to rein in the fiscal deficit.’

As per this, only I is correct while the other points have not been mentioned.

Hence, option A is correct.

SIDBI Assistant Manager Mock Test - 10 - Question 25
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Which of the following are NOT correctly matched? 

1. Young Fold Mountains - Alps 

2. Old Fold Mountains - Sierra Nevada 

3. Block mountains - Vosges

Q. Select the correct answer using the codes given below: 
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 25
  • Young Fold Mountains -- they have rugged relief and high conical peaks . Eg. Alps.
  • Old Fold Mountains -- they have rounded features and low elevation . Eg. Appalachians and Urals . 
  • Block Mountain -- Fault-block Mountains have a steep front side and a sloping back side. Eg. the Sierra Nevada mountains in North America. the Harz Mountains in Germany, Vosges in Europe 
  • Volcanic Mountains -- Volcanic Mountains are formed when molten rock (magma) deep within the earth, erupts, and piles upon the surface. Eg. Mauna Kea Often fault- block mountains have a steep front side and a sloping back side. Examples of fault- block mountains include: the Sierra Nevada mountains in North America. the Harz Mountains in Germany
SIDBI Assistant Manager Mock Test - 10 - Question 26
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Which bank has introduced the first Micro ATM across India?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 26

Private lender Kotak Mahindra Bank Ltd launched the Micro ATMs across India to provide vital financial services to a bigger segment of the population living in relatively remote places.

SIDBI Assistant Manager Mock Test - 10 - Question 27
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What are the Objectives of the Payments and Settlement Systems Act?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 27

Objectives of Payment and Settlement Act:

  1. Provides for the regulation and supervision of payment systems in India
  2. To designate the RBI as authority for purposes related to payment systems in India
  3. The Act also provides the legal basis for netting and settlement facilities.
SIDBI Assistant Manager Mock Test - 10 - Question 28
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A Non-Banking Financial Company (NBFC) is a company registered under _________.
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 28

A Non-Banking Financial Company (NBFC) is a company registered under Companies Act, 1956.

SIDBI Assistant Manager Mock Test - 10 - Question 29
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Which amongst the following are types of NBFCs as defined by RBI?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 29

The types of NBFC’s classified by the reserve bank of India are:
(i) Asset Finance Company (AFC)
(ii) Investment Company (IC)
(iii) Loan Company (LC)
(iv) Infrastructure Finance Company (IFC)
(V) Systemically Important Core Investment Company (CIC-ND-SI)
(vi) Infrastructure Debt Fund: Non- Banking Financial Company (IDF-NBFC)
(vii) Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI)
(viii) Non-Banking Financial Company – Factors (NBFC-Factors)
(ix) Mortgage Guarantee Companies (MGC)
(x) NBFC- Non-Operative Financial Holding Company (NOFHC)

SIDBI Assistant Manager Mock Test - 10 - Question 30
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Where is the Urban-20 Mayoral Summit taking place under India's G20 presidency?
Detailed Solution for SIDBI Assistant Manager Mock Test - 10 - Question 30

The Urban-20 Mayoral Summit, organized under India's G20 presidency, is taking place in the twin cities of Ahmedabad and Gandhinagar in Gujarat. Mayors and delegates from various cities across the world are participating in the summit.

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