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SBI CBO Mock Test - 7 - Bank Exams MCQ


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30 Questions MCQ Test - SBI CBO Mock Test - 7

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SBI CBO Mock Test - 7 - Question 1

By regarding the expanding universe as a motion picture, you can easily imagine ―running the film backward.If you do so, you find the universe getting smaller and smaller, and eventually you come to the moment when its whole mass is crammed into an infinitely dense point. Before that time it didn‘t exist, or at least it didn‘t exist in its present form. Though there is some controversy about its exact age, most cosmologists would be inclined to agree that the universe has existed for about ten to twenty billion years. For scale, this can be compared to the four-and-a-half-billion-year age of the solar system, the time since the disappearance of the dinosaurs (sixty-five million years), and the age of the human race (about three million years).  

The event that marked the beginning of the universe was christened the Big Bang; the term has now entered the vernacular of our culture. Originally the name referred only to the single initiating event; now, however, astronomers have come to use it to mean the entire developmental process of the birth and expansion of the cosmos.  

The simple statement that the universe had a beginning in time is by now so obvious to astrophysicists that few give it a second thought. Yet it is a statement that has profound implications. Most civilizations embrace one of two opposite concepts of time. Linear time has a beginning, a duration, and an end; cyclical time, as its name suggests, continues around and around forever. In a universe that functions through cyclical time, the question of creation never arises; the universe always was and always will be. The minute you switch to linear time you immediately confront the vexing question not only of creation, but also of the Creator. Although there is no logical reason for the assumption, many people believe that if something comes into existence, it must do so in response to the actions of some rational being. Because of that belief, astronomers, even though they resist becoming involved in theological discussion, find themselves in one when they posit the Big Bang universe. It puts them squarely in the middle of an age-old debate.  

One common misconception about the Big Bang that should be disposed of immediately is the notion that the universal expansion is analogous to the explosion of an artillery shell. The galaxies are not like bits of shrapnel speeding away from a central explosion. The raisin-indough analogy is a more satisfactory way to think about the whole process.  

Directions: Read the above paragraph and answer the following:

In the context of the passage, the phrase "age-old debate" (line 31) refers to:  

Detailed Solution for SBI CBO Mock Test - 7 - Question 1

Mapping the Passage
¶1 argues that the universe had a beginning in time.
¶2 provides specific dates to put the universe‘s age in context.
¶3 describes the Big Bang and its relevance to the idea of an expanding universe.
¶4 argues that the expanding universe has significant implications for cultural ideas of time and argues that science intersects with philosophy in this area.
¶5 provides a metaphor that elucidates the nature of the universe‘s expansion.

What is the ―age-old debate‖ discussed at the end of ¶4? Read the previous lines for clues: astronomers are involved in a ―theological discussion‖ which involves the idea of a Creator. (A) summarizes this point in ¶4.

SBI CBO Mock Test - 7 - Question 2

By regarding the expanding universe as a motion picture, you can easily imagine ―running the film backward.‖ If you do so, you find the universe getting smaller and smaller, and eventually you come to the moment when its whole mass is crammed into an infinitely dense point. Before that time it didn‘t exist, or at least it didn‘t exist in its present form. Though there is some controversy about its exact age, most cosmologists would be inclined to agree that the universe has existed for about ten to twenty billion years. For scale, this can be compared to the four-and-a-half-billion-year age of the solar system, the time since the disappearance of the dinosaurs (sixty-five million years), and the age of the human race (about three million years).  

The event that marked the beginning of the universe was christened the Big Bang; the term has now entered the vernacular of our culture. Originally the name referred only to the single initiating event; now, however, astronomers have come to use it to mean the entire developmental process of the birth and expansion of the cosmos.  

The simple statement that the universe had a beginning in time is by now so obvious to astrophysicists that few give it a second thought. Yet it is a statement that has profound implications. Most civilizations embrace one of two opposite concepts of time. Linear time has a beginning, a duration, and an end; cyclical time, as its name suggests, continues around and around forever. In a universe that functions through cyclical time, the question of creation never arises; the universe always was and always will be. The minute you switch to linear time you immediately confront the vexing question not only of creation, but also of the Creator. Although there is no logical reason for the assumption, many people believe that if something comes into existence, it must do so in response to the actions of some rational being. Because of that belief, astronomers, even though they resist becoming involved in theological discussion, find themselves in one when they posit the Big Bang universe. It puts them squarely in the middle of an age-old debate.  

One common misconception about the Big Bang that should be disposed of immediately is the notion that the universal expansion is analogous to the explosion of an artillery shell. The galaxies are not like bits of shrapnel speeding away from a central explosion. The raisin-indough analogy is a more satisfactory way to think about the whole process.  

Directions: Read the above paragraph and answer the following:

Q.According to the passage, which of the following statements is NOT true?  

Detailed Solution for SBI CBO Mock Test - 7 - Question 2

Mapping the Passage
¶1 argues that the universe had a beginning in time.
¶2 provides specific dates to put the universe‘s age in context.
¶3 describes the Big Bang and its relevance to the idea of an expanding universe.
¶4 argues that the expanding universe has significant implications for cultural ideas of time and argues that science intersects with philosophy in this area.
¶5 provides a metaphor that elucidates the nature of the universe‘s expansion.

Review the gist of the passage and keep the author‘s main points in mind while evaluating the choices. Three of the choices match points the author makes, but (B) directly contradicts the time frames mentioned in ¶2, which indicate that the solar system is much younger than the universe itself. Note that your research for question 4 helps you here.

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SBI CBO Mock Test - 7 - Question 3

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

Dussehra is now celebrated across Karnataka as a State festival with an exquisitely unique blend of the religious and the secularism.

Detailed Solution for SBI CBO Mock Test - 7 - Question 3
  • Exquisite and unique together becomes redundant. The religious and the secular is parallel (both adjectives).
  • In unique, U is a vowel word, but in this U sound as " yoo" or "you" which is consonant sound. So, unique is not starting with a vowel sound, using "an" ahead of it will be wrong.
SBI CBO Mock Test - 7 - Question 4

The _________ nature of the food inflation over the last year has brought the acuteness of food _________ in India into political focus.

Detailed Solution for SBI CBO Mock Test - 7 - Question 4

'food inflation', 'acuteness of', 'into political focus' etc. control the blanks. Something is brought into political focus only when it is unrelenting (option 4) or persistent (option 5). Food inflation does not directly result in scarcity or shortage but necessarily creates insecurity. Hence option 2. The first part of options 1, 3 and 5 are nonsensical.

SBI CBO Mock Test - 7 - Question 5

I was handed _______ to Bhai Hari Singh.        

Detailed Solution for SBI CBO Mock Test - 7 - Question 5
Explanation:

The correct answer is B: "over".



  • Meaning: To be handed "over" something means to give it to someone else.

  • Example: If someone gives you a book and says, "I was handed the book over to you," it means they gave you the book.

  • Usage: The sentence "I was handed _____ to Bhai Hari Singh" implies that someone gave something to Bhai Hari Singh.

  • Eliminating other options:


    • A: "back" - This option implies that something was returned to Bhai Hari Singh, which is not mentioned in the sentence.

    • C: "through" - This option implies that something was handed to Bhai Hari Singh using a specific method or channel, which is not mentioned in the sentence.

    • D: "upon" - This option implies that something was handed to Bhai Hari Singh when a specific event occurred, which is not mentioned in the sentence.

    • E: "again" - This option implies that something was handed to Bhai Hari Singh for the second time, which is not mentioned in the sentence.



Therefore, the correct answer is B: "over".

SBI CBO Mock Test - 7 - Question 6

He could not look anything in the dark room.

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

He could not see anything in the dark room.

SBI CBO Mock Test - 7 - Question 7

The intruder stood quietly for few moments

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

The intruder stood quietly for a few moments.

SBI CBO Mock Test - 7 - Question 8

One who has little faith in human sincerity and goodness

Detailed Solution for SBI CBO Mock Test - 7 - Question 8

One word substitution is Cynic.
Egoist: a self-centered or selfish person
Fatalist: one who accepts all things and events as inevitable.
Stoic: a person who can endure pain or hardship without showing their feelings or complaining.
Cynic: a person who believes that people are motivated purely by self-interest rather than acting for honourable or unselfish reasons.

SBI CBO Mock Test - 7 - Question 9

James Watt discovered the energy of steam.

SBI CBO Mock Test - 7 - Question 10

Directions: In the following questions, some of the sentences have errors and some have none. Find out which part of a sentence has an error and mark the appropriate letter (1), (2) and (3). If there is no error, mark (4).

Please send (1) / the letter on(2) / my business address. (3) / No error (4)

Detailed Solution for SBI CBO Mock Test - 7 - Question 10

Here, the word on will be replaced with the word to.

The new sentence would be "Please send the letter to my business address."

SBI CBO Mock Test - 7 - Question 11

Do the roses in your garden smell / more sweetly / than those in ours? / No error

Detailed Solution for SBI CBO Mock Test - 7 - Question 11

This statement is wrong: more sweetly

Correct Statement will be: Sweeter

SBI CBO Mock Test - 7 - Question 12

Which Indian bank has launched the first recyclable PVC plastic credit card?

Detailed Solution for SBI CBO Mock Test - 7 - Question 12

To assist conserve plastic waste and reducing overall carbon emissions, HSBC India has launched India’s first credit card made from recycled PVC plastic.

SBI CBO Mock Test - 7 - Question 13

Trade credit is also called

Detailed Solution for SBI CBO Mock Test - 7 - Question 13
  • Trade credit is the credit extended by one trader to another for the purchase of goods and services. Trade credit facilitates the purchase of supplies without immediate payment. Trade credit is commonly used by business organizations as a source of short-term financing. It is granted to those customers who have a reasonable amount of financial standing and goodwill. There are many forms of trade credit in common use. Various industries use various specialized forms. They all have, in common, the collaboration of businesses to make efficient use of capital to accomplish various business objectives.
  • Trade credit is the largest use of capital for a majority of business-to-business (B2B) sellers in the United States and is a critical source of capital for a majority of all businesses. For example, Wal-Mart, the largest retailer in the world, has used trade credit as a larger source of capital than bank borrowings; trade credit for Wal-Mart is 8 times the amount of capital invested by shareholders.
SBI CBO Mock Test - 7 - Question 14

Which among the following are the types of mutual funds?

Detailed Solution for SBI CBO Mock Test - 7 - Question 14

Equity funds - Equity funds are the type of mutual funds that invests investors money in the stock market. These are categorized as - 

  • Large-cap mutual funds - In large-cap funds, a large portion of the investment is done in companies with large market capitalization. Large-cap are big, well-established companies in the equity market. These companies are strong, reputable, and trustworthy. Large-cap companies generally are the top 100 companies in a market.
    • ​Large-cap funds have lower growth potential and give investors lower returns on investment as compared to mid and small-cap funds.
    • Such companies have capital worth 20,000 crores or more.
  • Mid-cap mutual funds - In mid-cap funds, a large portion of the investment is done in companies with medium market capitalization.
    • It has better growth potential and gives investors higher returns on investment as compared to large-cap funds.
  • Small-cap mutual funds - In small-cap funds, a large portion of the investment is done in companies with small market capitalization i.e. having a market cap of less than INR 500 crore.
    • It has exponential growth potential and gives investors high returns on investment.
  • Equity-linked saving scheme(ELSS) - These funds provide tax savings to the investors and hence most popular among them.  But these funds have a lock-in period of 3 years.
  • Investors cannot redeem their money before the maturity date. 
  • It also provides an opportunity for long term capital appreciation.

Debt Funds- These are relatively safer investments and are suitable for Income Generation.

  • The investment in Fixed Income Securities, like Government Securities or Bonds, Commercial Papers and Debentures, Bank Certificates of Deposits, and Money Market instruments like Treasury Bills, Commercial Paper, etc comes under the category of debt funds.

Hybrid funds- These funds invest in both Equities and debt funds, thus offering the best in Growth Potential as well as Income Generation.

  • Examples of these types of funds are Pension Plans, Child Plans, and Monthly Income Plans, etc.
SBI CBO Mock Test - 7 - Question 15

Currently BHIM App is available in how many languages?

Detailed Solution for SBI CBO Mock Test - 7 - Question 15
  • Currently, BHIM is available in 20 languages, i.e., Hindi, English, Tamil, Telugu, Malayalam, Bengali, Odia, Kannada, Gujarati, Marathi, Assamese, Bengali, Bhojpuri, Haryanvi, Marwari, Konkani, Manipuri, Khasi and Mizo.
  • Bharat Interface for Money (BHIM) is a mobile payments application based on NPCI’s Unified Payments Interface (UPI) which helps in making simple, easy and quick payment transactions
  • One can make instant bank-to-bank payments and Pay and collect money using just Mobile number or Virtual Payment Address (UPI ID).
  • BHIM was launched on 30th December 2016 by PM Narendra Modi.
  • Through BHIM App, one can't pay more than Rs. 20,000 in a transaction. So if one wants to pay more than Rs. 20,000, one has to pay twice.
  • The daily limit for BHIM app transaction is ₹40,000.
  • There is also a limit to the number of transactions through the BHIM app. The UPI prohibits more than 10 transactions by an account in 24 hours. 
SBI CBO Mock Test - 7 - Question 16

NBFC’s are regulated in India by:

Detailed Solution for SBI CBO Mock Test - 7 - Question 16

A NBFC is usually regulated by Reserve Bank of India subject to some exemptions which are mentioned below.
There are various companies that are not regulated by RBI:

  • Housing Finance Companies
  • Merchant Banking Companies
  • Stock Exchanges
  • Companies engaged in the business of stock-broking/sub-broking
  • Venture Capital Fund Companies
  • Nidhi Companies
  • Insurance companies and
  • Chit Fund Companies

These all are NBFCs but they have been exempted from the requirement of registration under Section 45-IA of the RBI Act, 1934 subject to certain conditions.

  • Housing Finance Companies are regulated by National Housing Bank
  • Merchant Banker/Venture Capital Fund Company/stock-exchanges/stock brokers/sub-brokers are regulated by Securities and Exchange Board of India
  • Insurance companies are regulated by Insurance Regulatory and Development Authority
  • Chit Fund Companies are regulated by the respective State Governments
  • Nidhi Companies are regulated by Ministry of Corporate Affairs, Government of India.

Companies that do financial business but are regulated by other regulators are given specific exemption by the Reserve Bank from its regulatory requirements for avoiding duality of regulation.

SBI CBO Mock Test - 7 - Question 17

What are the Benefits of Foreign Portfolio Investment (FPI)?

Detailed Solution for SBI CBO Mock Test - 7 - Question 17

Benefits of Foreign Portfolio Investment (FPI):
a) Portfolio diversification
b) Increases the liquidity of domestic capital markets
c) Promotes the development of equity markets
d) Access to markets with different risk-return characteristics

SBI CBO Mock Test - 7 - Question 18

When was Pradhan Mantri Jan Dhan Yojana launched by the Government to provide easy access to financial services such as Remittance, credit, Insurance, Pension, savings & Deposits Accounts to the poor and needy section of our society?

Detailed Solution for SBI CBO Mock Test - 7 - Question 18

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion that was launched on August 28, 2014, to ensure inexpensive access to financial services such as basic savings and deposit accounts, remittance, credit, insurance, and pension.

SBI CBO Mock Test - 7 - Question 19

If a NPA remained for more than 12 months, then it is called ______________.

Detailed Solution for SBI CBO Mock Test - 7 - Question 19

If an NPA remained for more than 12 months is called Doubtful Assets.

SBI CBO Mock Test - 7 - Question 20

Which of the following are the components of an ATM?

Detailed Solution for SBI CBO Mock Test - 7 - Question 20

Card readers, cash dispensers, PIN pads, receipt printers, and monitors are all common hardware components found in ATMs. Wireless connectivity, check to scan, and even gift card dispensing are all available features on many ATMs.

SBI CBO Mock Test - 7 - Question 21

A CD-RW disk ...?

Detailed Solution for SBI CBO Mock Test - 7 - Question 21

CD-RW (Compact Disc-ReWritable) is a digital optical disc storage format. A CD-RW disc is a compact disc that can be written, read arbitrarily many times, erased, and written again.

SBI CBO Mock Test - 7 - Question 22

Which of the following is one among the type of Databases?

Detailed Solution for SBI CBO Mock Test - 7 - Question 22

There are the following types of databases available in the market 

  • Centralized database.
  • Distributed database.
  • Personal database.
  • End-user database.
  • Commercial database.
  • NoSQL database.
  • Operational database.
  • Relational database.
  • Cloud database.
  • Object-oriented database.
  • Graph database.
SBI CBO Mock Test - 7 - Question 23

______ are frequently intended to cause harm and are frequently sent to a PC as an email attachment.

Detailed Solution for SBI CBO Mock Test - 7 - Question 23

Computer viruses are frequently intended to cause harm and are frequently sent to a PC as an email attachment.

SBI CBO Mock Test - 7 - Question 24

Which of the following are a component of Internet?

Detailed Solution for SBI CBO Mock Test - 7 - Question 24

Gateway is defined as a network component that allows a network to interface with another network with different protocols. Gateways to allow a network to use the resources of another main frame.

SBI CBO Mock Test - 7 - Question 25

What does A represent in BINAC in the computer?

Detailed Solution for SBI CBO Mock Test - 7 - Question 25

BINAC: Binary Automatic Computer.

SBI CBO Mock Test - 7 - Question 26

A software program that is designed to run once a web page has been accessed that is usually in the form of banner or popup advertisements is called _______.

SBI CBO Mock Test - 7 - Question 27

What kind of resource in a computer network is most likely to be shared as a common resource?

Detailed Solution for SBI CBO Mock Test - 7 - Question 27

A network printer is a printer that may be used by numerous computers because it is connected to a computer network.

SBI CBO Mock Test - 7 - Question 28

A DOS is an operating system that runs from a disk drive. DOS stands for _______.

Detailed Solution for SBI CBO Mock Test - 7 - Question 28

A DOS or disk operating system is an operating system that runs from a disk drive.

SBI CBO Mock Test - 7 - Question 29

________ is a network type in which every computer and network device is connected to a single cable.

SBI CBO Mock Test - 7 - Question 30

_______ command is used to divide the blank sector surface into a different partition.

Detailed Solution for SBI CBO Mock Test - 7 - Question 30

Format command is used to divide the blank sector surface into a different partition. It also assigns a unique address to each partition that is divided. The format is the external command because it is not commonly used.

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