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SBI CBO Mock Test - 6 - Bank Exams MCQ


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30 Questions MCQ Test - SBI CBO Mock Test - 6

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SBI CBO Mock Test - 6 - Question 1

While many points are worth making in an evaluation of the single sixyear presidential term, one of the most telling points against the single term has not been advanced. This kind of constitutional limitation on elections is generally a product of systems with weak or non-existent political parties.

 Since there is no party continuity or corporate party integrity in such systems, there is no basis for putting trust in the desire for re-election as a safeguard against mismanagement in the executive branch. Better under those conditions to operate on the basis of negative assumptions against incumbents. I do not know if the earliest proposal for a single, nonrepeatable term was made in the 1820s because that was a period of severely weak political parties. But I do feel confident that this is a major reason, if not the only reason, that such a proposal has been popular since the 1940s.

 Though the association of the non-repeatable election with weak political parties is not in itself an argument against the limitation, the fallout from this association does contribute significantly to the negative argument. Single-term limitations are strongly associated with corruption. In any weak party system, including the presidential system, the onus of making deals and compromises, both shady and honourable, rests heavily upon individual candidates. Without some semblance of corporate integrity in a party, individual candidates have few opportunities to amortize their obligations across the spectrum of elective and appointive jobs and policy proposals.

The deals tend to be personalized and the payoffs come home to roost accordingly.  If that situation is already endemic in conditions of weak or nonexistent parties, adding to it the limitation against re-election means that candidates and officials, already prevented from amortizing their deals across space, are also unable to amortize their obligations temporally. This makes for a highly beleaguered situation. The single six-year term for presidents is an effort to compensate for the absence of a viable party system, but it is a compensation ultimately paid for by further weakening the party system itself.

 Observers, especially foreign observers, have often noted that one source of weakness in American political parties is the certainty of election every two or four years, not only because any artificial limitation on elections is a violation of democratic principles but also because when elections are set in a certain and unchangeable cycle, political parties do not have to remain alert but can disappear into inactivity until a known point prior to the next election. To rigidify matters by going beyond the determinacy of the electoral cycle to add an absolute rule of one term would hang still another millstone around the neck of already doddering political parties.  

Directions: Read the above paragraph and answer the following:

According to the passage, which of the following is most likely to be true of a political system with weak political parties? 

Detailed Solution for SBI CBO Mock Test - 6 - Question 1

Mapping the Passage
¶1 introduces the idea of a single presidential term.
¶2 argues that the single term is usually associated with countries with weak political parties and therefore popular when political parties are weak.
¶s3 and 4 argue that single-term systems encourage corruption.
¶5 argues that the single-term system is designed to make up for weak parties, but ends up making parties even weaker.

What does the author say about weak political parties? They lead to a preference for single terms, which, when enacted, lead to corruption. Evaluate the choices with this main chain of causes and effects in mind. While three choices aren‘t touched on by the author, (C) is the main point made in ¶3 and the beginning of ¶ 4: single-term systems encourage individual bargains (which ultimately lead to corruption.)

SBI CBO Mock Test - 6 - Question 2

Directions: Spot the error in the underlined part of the sentence and choose the correct sentence accordingly.

There are two pieces to Mr Keats' argument: that English is open-source as other languages are not: and that is why it has spread.

Detailed Solution for SBI CBO Mock Test - 6 - Question 2

The sentence has an error in punctuation where the first colon should be replaced with a comma to properly separate the clauses. The correct option is: Mr Keats' argument: that English is open-source as other languages are not, and that

This option uses a colon to introduce the two pieces of the argument and a comma to properly connect the clauses.

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SBI CBO Mock Test - 6 - Question 3

After the elections it was discovered that the phones had been _____________.

Detailed Solution for SBI CBO Mock Test - 6 - Question 3

After the elections it was discovered that the phones had been bugged.

SBI CBO Mock Test - 6 - Question 4

In each question below, there is a sentence of which some parts have been jumbled up. Rearrange these parts which are labelled P, Q, R and S to produce the correct sentence. Choose the proper sequence.
If you need help

P :promptly and politely

Q :ask for attendants

R :to help our customers

S :who have instructions

The Proper sequence should be:

SBI CBO Mock Test - 6 - Question 5

I will ________ them for saving me from the agonies of old age.        

Detailed Solution for SBI CBO Mock Test - 6 - Question 5

To determine the correct answer, let's analyze the given statement:
"I will ________ them for saving me from the agonies of old age."
The blank should be filled with a word that expresses gratitude or appreciation towards the people who saved the speaker from the difficulties of old age. Let's analyze the options:
A: Fire - This word is unrelated to expressing gratitude or appreciation.
B: Beat - This word implies violence and is not appropriate in this context.
C: Thank - This word expresses gratitude and appreciation, which is suitable in this context.
D: Admonish - This word means to scold or reprimand, which is opposite to expressing gratitude.
E: Shout - This word means to speak loudly, which is unrelated to expressing gratitude or appreciation.
Therefore, the correct answer is C: Thank. The speaker intends to thank the people who saved them from the difficulties of old age.
SBI CBO Mock Test - 6 - Question 6

Which of phrases given below each sentence should replace the phrase printed in bold type to make the grammatically correct? If the sentence is correct as it is, mark 'E' as the answer.

Q. Shapes of gods and goddess are worshipped by people.

Detailed Solution for SBI CBO Mock Test - 6 - Question 6

Because, the option ' clay shapes ' would not make the gods and goddess fit into ab ideal  mould/paradigm. The just make the craftsman's modelling of clay into different shapes and sizes. " Clay toys"  would be mockery. Moreover, "Reflections" are normally associated with a mirror or any similar reflector. Images mean 'cast into a specific mould ' and hence  , is the correct answer.

SBI CBO Mock Test - 6 - Question 7

In the questions below the sentences have been given in Active/Passive voice. From the given alternatives, choose the one which best expresses the given sentence in Passive/Active voice.

Q. You can play with these kittens quite safely.

Detailed Solution for SBI CBO Mock Test - 6 - Question 7

In passive voice, the places of subject and object will be interchanged in the sentence. Only 3rd form of the verb or Past Participle will be used as a main verb.
These kittens can be played with quite safely.

SBI CBO Mock Test - 6 - Question 8

It is easier

P :to venture into space

Q :for men

R :beneath their feet

S :than to explore

The Proper sequence should be:

Detailed Solution for SBI CBO Mock Test - 6 - Question 8

From the options given, it can be guessed that the parts labelled P, Q, R, S can be ordered to form a meaningful sentence as
It is easier → for men→ to venture into space → than to explore→beneath their feet.
so order is QPSR.

SBI CBO Mock Test - 6 - Question 9

I have not done things which anyone else may feel are ________ recording.        

Detailed Solution for SBI CBO Mock Test - 6 - Question 9

To determine the missing word in the given sentence, let's analyze the options:
A: useless
B: worth
C: good
D: historic
E: bad
From the given sentence, it is clear that the speaker has not done things that may be perceived negatively by others. Based on this understanding, we can eliminate options C, D, and E as they represent positive or neutral connotations.
Now, let's consider options A and B:
A: useless
B: worth
To decide between these two options, we need to understand the context of the sentence. The speaker is referring to actions they have not done, and it is implied that these actions would have been recorded.
Considering this, the most appropriate word to complete the sentence is "useless" because it suggests that the actions would not have had any value or purpose. On the other hand, "worth" implies that the actions would have been valuable or significant.
Therefore, the correct answer is option A: useless.
SBI CBO Mock Test - 6 - Question 10

If I had known / this yesterday / I will have helped him / No error.

Detailed Solution for SBI CBO Mock Test - 6 - Question 10

This statement is wrong: I will have helped him

Correct Statement will be: I would have helped him

SBI CBO Mock Test - 6 - Question 11

Direction: In the questions given below a sentence is given with two blanks in each. Corresponding to each question two columns are given with three words in each column. Which combination of words from the two columns will perfectly fit into the blanks to make the sentence contextually correct and meaningful?

It is suggested that schools can implement inclusive education programmes if they are ______ prepared, are able to _______ support of all stakeholders involved in the process and have basic resources to run the programmes.

Detailed Solution for SBI CBO Mock Test - 6 - Question 11

“Adequately” and “sufficiently” make proper sense in the 1st blank.

Similarly, “earn” and “garner” make proper sense in the 2nd blank.

The other words do not fit in the blanks.

Hence, option D is the correct answer.

SBI CBO Mock Test - 6 - Question 12

Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.

The agricultural power supplies were ________________ to six hours a day and largely to late nights.

Detailed Solution for SBI CBO Mock Test - 6 - Question 12

According to the given context we can see that the electricity supply in the area is limited to particular hours of the day and also the main time of electricity supply is during the late nights. It is clear that the supply is not there always and there is restriction regarding the supply. Here we can see that only the word limited will be able to imply the intended meaning of the sentence whereas the rest will not fit here in the blank.

This makes Option A the correct choice among the given options.

SBI CBO Mock Test - 6 - Question 13

SEBI was established in which year?

Detailed Solution for SBI CBO Mock Test - 6 - Question 13

Securities and exchange Board of India (SEBI) was first established in the year 1988 AQF as a non-statutory body for regulating the, securities market. It became an autonomous body by The Government of India on 12 April 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament.

SBI CBO Mock Test - 6 - Question 14

Indian companies are allowed to arrange funds from sources abroad through which of the following means?
(A) External Commercial Borrowings
(B) Foreign Currency Convertible Bonds
(C) Preference Shares

Detailed Solution for SBI CBO Mock Test - 6 - Question 14
  • Any money that has been borrowed from foreign sources for financing the commercial activities in India are called External Commercial Borrowings.
  • The Government of India permits ECBs as a source of finance for Indian Corporates for expansion of existing capacity as well as for fresh investment.
  • FCCB is the money being raised by the issuing company is in the form of a foreign currency, and Indian companies are allowed to do this.
  • Preference share is to raise money using shares. It is also allowed to raise money. 
SBI CBO Mock Test - 6 - Question 15

The Local Area Bank Scheme was introduced in August 1996. What is the minimum Paid-up capital required for setting up Local Area Banks?

Detailed Solution for SBI CBO Mock Test - 6 - Question 15

The Local Area Bank Scheme was introduced in August 1996. The minimum start-up capital of a LAB was fixed at Rs.5 crores.

SBI CBO Mock Test - 6 - Question 16

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)?

Detailed Solution for SBI CBO Mock Test - 6 - Question 16

All bank deposits, such as savings, fixed, current, and recurring deposits, are insured by DICGC up to a limit of Rs. 500,000 per depositor in a bank.

SBI CBO Mock Test - 6 - Question 17

When was the Standup India scheme launched to support entrepreneurship among women and SC&ST Communities who are looking to obtain a loan to launch their business venture?

Detailed Solution for SBI CBO Mock Test - 6 - Question 17

The Government of India launched the Stand-Up India scheme on April 5, 2016, as part of efforts to support entrepreneurship among women and Scheduled Caste & Scheduled Tribe (SC & ST) communities.

SBI CBO Mock Test - 6 - Question 18

Which of the following statements holds true about Mutual Funds?

Detailed Solution for SBI CBO Mock Test - 6 - Question 18

All the three statements hold true about Mutual Funds. Firstly, The entry of mutual funds into call money market as a lender has helped to stabilize the Interest rates in this highly volatile market. Secondly, In a depressed market, the Mutual Funds can steady the 'market' due to their absorbing capacity. Lastly,Mutual Funds help to channelize the saving in productive lines by providing the much-needed long-term finance to the industries for assets formation, modernization and expansion.

SBI CBO Mock Test - 6 - Question 19

When was the Pension Fund Regulatory and Development Authority of India (PFRDA) established?

Detailed Solution for SBI CBO Mock Test - 6 - Question 19
  • Pension Fund Regulatory and Development Authority (PFRDA) is a pension regulator of India.
  • It headquartered in New Delhi.
  • It was established by the Government of India on 23rd August 2003
  • Ami is to promote old age income security by establishing, developing and regulating pension funds.
  • It administers and regulates National Pension System (NPS) and also administers Atal Pension Yojana (APY).
  • Recently, in April 2020 amid pandemic, it allowed the NPS subscribers to partially withdraw for covering expenses related to the treatment of COVID-19.
  • Chairperson: Supratim Bandyopadhyay (as of July 2021)
SBI CBO Mock Test - 6 - Question 20

CAR is the ratio of a bank's capital with its risk-weighted assets and current liabilities. What does A represent in CAR?

Detailed Solution for SBI CBO Mock Test - 6 - Question 20

Capital Adequacy Ratio (CAR) is the ratio of a bank's capital to its risk-weighted assets and current liabilities.

SBI CBO Mock Test - 6 - Question 21

What was the authorized share capital when the National Bank for Agriculture and Rural Development (NABARD) was established?

Detailed Solution for SBI CBO Mock Test - 6 - Question 21

The agricultural credit functions of RBI and the refinance functions of the erstwhile Agricultural Refinance and Development Corporation (ARDC) were transferred to NABARD on July 12, 1982, established with an Rs.100 crore starting capital.

SBI CBO Mock Test - 6 - Question 22

In which year was the ASEAN established ?

Detailed Solution for SBI CBO Mock Test - 6 - Question 22
  • The Asian South-East Nations Association(ASEAN) is a regional intergovernmental organization comprising 10 Southeast Asian countries, fostering intergovernmental cooperation and promoting economic, educational, political, security, military, and socio-cultural integration between its members and other Asian nations.
  • ASEAN is an organization formed by the governments of Malaysia, Indonesia, the Philippines, Thailand, and Singapore in 1967 to promote economic growth, peace, security, social progress, and cultural development in the Southeast Asian region. 
  • It was established on 8th August 1967 in Bangkok, Thailand with the signing of the Bangkok Declaration (ASEAN Declaration).
  • ASEAN Members
    • Thailand (founding member)
    • The Philippines (founding member)
    • Malaysia (founding member)
    • Singapore (founding member)
    • Indonesia (founding member)
    • Brunei (joined in 1984)
    • Vietnam (joined in 1995)
    • Lao PDR (joined in 1997)
    • Myanmar (joined in 1997)
    • Cambodia (joined in 1999)
  • It is headquartered in Jakarta, Indonesia.
  • ASIAN MEMBERS
SBI CBO Mock Test - 6 - Question 23

In which of the markets securities cannot be sold?

Detailed Solution for SBI CBO Mock Test - 6 - Question 23
  • The term capital market refers to facilities and institutional arrangements through which long-term funds, both debt and equity are raised and invested. 
  • The capital market consists of development banks, commercial banks, and stock exchanges.
  • The Capital Market can be divided into two parts:
    • Primary Market
    • Secondary Market
  • Comparison of Primary Market & Secondary Market:
SBI CBO Mock Test - 6 - Question 24

When was the Insolvency and Bankruptcy Board of India set up?

Detailed Solution for SBI CBO Mock Test - 6 - Question 24

The Insolvency and Bankruptcy Board of India was established on October 1, 2016 in accordance with the provisions of The Insolvency and Bankruptcy Code, 2016.

SBI CBO Mock Test - 6 - Question 25

The IRDAI was incorporated as a statutory body on?

Detailed Solution for SBI CBO Mock Test - 6 - Question 25

The IRDAI(Insurance Regulatory and Development Authority of India) was incorporated as a statutory body on 19th April 2000.

  • It is an independent, legislative body responsible for overseeing and promoting the Indian insurance and reinsurance industries.
  • It was established by the Insurance Regulatory and Development Authority Act, 1999, a legislative act passed by the Indian Government.
  • The headquarters of the organization are in Hyderabad, Telangana where it relocated in 2001 from Delhi.
  • Subhash Chandra Khuntia is the chairman of IRDAI.
SBI CBO Mock Test - 6 - Question 26

What type of insurance will apply if a family member has broken his/her leg in an accident while on vacation in Singapore?

Detailed Solution for SBI CBO Mock Test - 6 - Question 26

General insurance covers home, your travel, vehicle, and health (non-life assets) from fire, floods, accidents, man-made disasters, and theft. Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance. A general insurance policy pays for the losses that are incurred by the insured during the period of the policy.

SBI CBO Mock Test - 6 - Question 27

What is the other name for Desktop and personal computers?

Detailed Solution for SBI CBO Mock Test - 6 - Question 27

A single chip (microprocessor) serves as the central processing unit in a PC or microcomputer (CPU). A PC is now the most common type of "microcomputer," but it can also apply to any other small computer, including a desktop computer, laptop computer, tablet, smartphone, or wearable.

SBI CBO Mock Test - 6 - Question 28

What is the full form of BPS?

SBI CBO Mock Test - 6 - Question 29

While working with MS-DOS which command transfers a specific file from onedisk to another?

Detailed Solution for SBI CBO Mock Test - 6 - Question 29

Use the Copy command to copy a specified file from one disc to another. Diskcopy transfers the entire disc to a new disc. The Time command shows the current system time, while the Rename command renames a file.

SBI CBO Mock Test - 6 - Question 30

Which of the following is the Second Generation of Computers?

Detailed Solution for SBI CBO Mock Test - 6 - Question 30

Transistors were used in place of vacuum tubes in the second generation of computers. From 1956 through 1963, transistors were a common component in computers. Because transistors were more compact than vacuum tubes, computers could be made more compactly, more quickly, and more affordably.

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