SIDBI Assistant Manager Mock Test - 10 - Banking Exams MCQ

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

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.

Suraj is to the southeast of point X.

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

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)

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:

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:

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:

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

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.

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.

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.

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

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

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 

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

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.

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.

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

Percentage Break-up of expenditure is:

Amount spent on Groceries, Entertainment and Investments

Amount spent on Commuting

There is no error in the sentence.
 

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.

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.

• 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

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.

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.

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

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)

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.