SEBI Grade A (General Stream) Mock Test - 6 Free Online Test 2026

The correct answer is S Raman.
In News

• The author of "From A Car Shed To The Corner Room & Beyond" is S Raman.

Key Points

• Raman retired as the Chairman and Managing Director of Canara Bank and as a wholetime Member of the board of SEBI.
• The book explores the intricate dance between personal integrity, professional challenges, and systemic issues in the financial world.
• Raman's career trajectory, starting from a clerk with SBI to the top positions in various banks, is detailed in the book.
• The autobiography provides insights into the challenges faced by public sector bankers, particularly in decision-making regarding high-value credit.
• Raman's narrative is philosophical, covering unique vignettes from his 46-year-long illustrious career.

The correct answer is 6.5 percent

In News

• The Reserve Bank of India's Monetary Policy Committee (MPC) has maintained the key repo rate at 6.5 percent for the seventh consecutive meeting, prioritizing the control of retail inflation, which has exceeded the 4 percent target.

Key Points

• The repo rate, crucial for banks borrowing funds from the RBI to address short-term liquidity mismatches, remains unchanged at 6.5 percent, as announced by Governor Shaktikanta Das.
• The decision to maintain the repo rate was made by a majority vote of 5:1 within the MPC, signaling a continuation of the stance of 'withdrawal of accommodation'.
• Governor Das emphasized the need for vigilant monitoring of prices of essential commodities like vegetables and fruits due to the forecast of above-normal temperatures during April-June, aiming to mitigate volatility in the market.
• The article highlights the positive outlook for agriculture and rural activity, anticipating an upturn in rural demand and an improvement in employment conditions, which is expected to stimulate private consumption.

The correct answer is Gujarat.

• Blackbuck National Park is located in Gujarat.

Key Points

• The sanctuary was established in July 1976, as an initial protected area of about 18 sq km.
• In 1980, another 16 sq km were added to increase the total area to 34 sq km.
• The park is surrounded Gulf of Khambhat on the south and by wastelands and agriculture fields on the other sides.
• It was the grassland of the Maharaja of the princely state of Bhavnagar.
• The National park has been classified as a 4B Gujarat-Rajwada biotic province of a semi-arid bio-geographical zone.

Additional Information

• The top 5 National Parks of Gujarat for Wildlife Sanctuaries are:
  • Gir National Park.
  • Marine National Park.
  • Jambughoda Wildlife Sanctuary.
  • Barda Wildlife Sanctuary.
  • Purna Wildlife Sanctuary.

Important Points

The correct answer is Singapore

In News

• According to the Economist Intelligence Unit (EIU) business environment ranking, Singapore, Denmark, and the United States are considered the best places in the world to conduct business.

Key Points

• The ranking is based on indicators such as inflation, cost of living, economic growth, and fiscal policies, providing insights into the attractiveness of doing business across 82 countries and territories.
• Singapore has consistently topped the list for the past 16 years, attributed to factors such as political stability and the government's focus on assisting domestic private-sector companies in technological upgrades.
• The EIU's analysts highlight that the ranking serves as an effective tool for identifying which economies are better positioned for growth and where an increase in investment spending may soon occur.
• Notable "big improvers" in the index include countries like Greece, Qatar, and India, indicating improvements in their business environments.
• Singapore has also hinted at potential measures for unvaccinated travelers, such as longer quarantine periods and additional testing, reflecting its commitment to managing public health amidst global uncertainties.

The correct answer is 'Often.'

Key Points

• The word 'Seldom' means Not often; rarely.
  • Example: Karan had seldom seen him so angry.
• Let's look at the meaning of the given options:-
  • Scarcely - Used to suggest that something is unlikely to be or certainly not the case.
    • Example: We scarcely ever meet.
  • Often - Frequently; many times.
    • Example: We will stay together although we often quarrel.
  • Sporadically - Occasionally or at irregular intervals.
    • Example: She attended lectures only sporadically.
  • Infrequently - Not often; rarely.
    • Example: She does play cricket, but very infrequently.
  • Rarely - To grow less in scope or intensity especially gradually.
    • Example: The police rarely shoot to kill.

Hence, the only possible answer is option 2.

Additional Information

• The antonyms of the word 'Seldom' are "Often, Frequently, Generally".
• The synonyms of the word 'Seldom' are "Scarcely, Sporadically, Rarely".

The correct answer is '​​​Better remuneration and safety guarantee for health workers.'

Key Points

• The fourth sentence of the second paragraph says ''Even as they contribute to better health outcomes, this workforce continues to protest across the country, for better remuneration, health benefits, and permanent posts'', the seventh sentence of the second paragraph says "Clearly, certain kinds of basic public health work are fraught with perils on several continents across the world'' and the eighth sentence of the second paragraph concludes "It is the duty of the governmental agencies that employ them to ensure their welfare, safety, and security''.
• From the above sentences, we can say that the central theme of the passage is ''​​Better remuneration and safety guarantee for health workers.''​

Hence, the only possible answer is option 3.

The correct answer is option 1, i.e., 'While the billionaire wanting his'.

Key Points

• The given sentence is in the past tense. The word 'wanting' expresses the present tense thus, making the sentence grammatically incorrect.
• To correct the sentence, the word 'wanting' should be replaced with 'wanted', which expresses the past tense.

The correct sentence is:

While the billionaire wanted his new skyscraper to connote grandness, it only served to highlight his ego and wasteful spending habits.

The correct answer is option 3, i.e., 'have found or witnessed they have been'.

Key Points

• The given sentence is in the simple present tense. The phrase 'have been' indicates the present perfect tense. The present perfect tense describes an action that began in the past, continues in the present, and may continue into the future. Thus, the use of the phrase 'have been' makes the sentence grammatically incorrect.
• To correct the sentence, 'have been' should be replaced with 'have', which simply expresses the present tense.

The correct sentence is:

Terrorist investigators commonly use tactics of disinformation by lying about the evidence they have found or witnesses they have interviewed in order to get a confession.

The correct answer is option 3, i.e., 'it is natural on them'.

The preposition 'on' means 'above'. It does not fit the context of the sentence and makes it grammatically incorrect.

To correct the sentence, the preposition 'on' should be replaced with 'for', which means 'suiting the purpose of'.

The correct sentence is:

Mothers will instinctively shelter their babies from anything bad because it is natural for them to protect their children.

The correct answer is option 4) i.e. B-E.

Key Points

Let us look at the sentence in the following way-

When, however, the human mind was (A) ________ by the torch-light of science, it came to understand that the Earth was but one of a (B) ________of stars (C) ________ in (D) ________space, a mere (E) ________ of dust.

• It is clear that A and C are correct and D justifies the bold word.
• We cannot use speck with stars as stars are not substances. Also, dust cannot be counted so we cannot use myriad. We need to interchange B and E to make the sentence correct.

Additional Information

Meanings of the words given in bold are:

• Illumined means light up; brighten.
• Myriad means a countless or extremely great number of people or things.
• Speck means a small particle of a substance.
• Floating means moving or hovering slowly and lightly in a liquid or the air; drift.
• Infinite means limitless or endless in space, extent, or size; impossible to measure or calculate.

Corrected sentence - 'When, however, the human mind was (A) illumined by the torch-light of science, it came to understand that the Earth was but one of a (B) myriad of stars (C) floating in (D) infinite space, a mere (E) speck of dust.'

The correct answer is 'peak'.

Key Points

• The most appropriate answer is peak.
• Peak means the point at which something is the highest, best, strongest, etc.
• Example-
  • She's at the peak of her career.
  • Holiday flights reach a peak during August.
• Wave, height, time, and period are not appropriate answers.
• Hence, the correct answer is option 3.

The correct answer is 'lost'.

Key Points

• Lost means unable to find your way; not knowing where you are; that cannot be found or that no longer exists.
• The sentence is talking about farmers losing their lives. So , the most appropriate answer is 'lost'.
• Gained means to obtain or win something, especially something that you need or want; to gradually get more of something.
• Vanish means to get to disappear suddenly or in a way that you cannot explain.
• Also, we do not use 'vanish their lives', it'll be incorrect. The proper usage is 'lost their lives'.
• Find means to discover something that you want or that you have lost after searching for it.
• Hence, the correct answer is option 2.

Given:

15 × √16 – 30% of 200 = 25% of 80 + ? × 20

Concept used:

Follow the BODMAS rule according to the table given below:

Calculation:

15 × √16 – 30% of 200 = 25% of 80 + ? × 20

⇒ 15 × 4 – (30/100) × 200 = (25/100) × 80 + ? × 20

⇒ 60 - 60 = 20 + ? × 20

⇒ 0 - 20 = ? × 20

⇒ ? = -20/20 = -1

∴ The value of ? is -1

Given:

(12)3 ÷ 4 + 15 × 13 - ? + 4 = 21 × 30

Concept used:

Follow the BODMAS rule according to the table given below:

Calculation:

(12)3 ÷ 4 + 15 × 13 - ? + 4 = 21 × 30

⇒ 1728 ÷ 4 + 195 - ? + 4 = 630

⇒ 432 + 195 + 4 - ? = 630

⇒ ? = 631 - 630

⇒ ? = 1

∴ 1 should come in place of the question mark (?).

Given:

Ram lent Rs.2.7 lakh amount to Pawan and Pooja

Lent money to Pawan and Pooja in ratio of 5 : 4

Pooja payback its amount after 3 years at 10% annual compound interest

Pawan payback its amount after 3 year at 15% annual compound interest

Concept:

A = P × (1 + R/100)^T

A = Final amount

P = Initial amount

R = Rate of interest

T = Time

Calculation:

Lent money to Pawan and Pooja in ratio of 5 : 4

Lent by Pawan = (5/9) × 270000

⇒ Rs.1,50,000

Lent by Pooja = (4/9) × 270000

⇒ Rs.1,20,000

Pawan payback to Ram = 150000 × (1 + 10/100)³

⇒ 150000 × (11/10) × (11/10) × (11/10)

⇒ Rs.1,99,650

Pooja payback to Ram = 120000 × (1 + 15/100)³

⇒ 120000 × (23/20)³

⇒ 120000 × (23/20) × (23/20) × (23/20)

⇒ Rs.1,82,505

Pawan payback to Ram – Pooja payback to Ram = 199650 – 182505

⇒ Rs.17,145

∴ At the end of time duration the amount received by Ram from Pawan was Rs.17145 more than that received from Pooja.

Given:

Percentage of water in the white color = 60%

Percentage of water in the blue color = 70%

Formula used:

Weighted average = Sum of weighted terms/Number of terms

Calculation:

Let x be the percentage of water in the final mixture

(60/100) × 2 + (70/100) × 3 = (2 + 3) × (x/100)

⇒ 1.2 + 2.1 = 5 × (x/100)

⇒ x = (3.3 × 100)/5

⇒ x = 66%

∴ The percentage of water in the final mixture is 66%.

Alternate Method

⇒ (70 - x)/(x - 60) = 2/3

⇒ 210 - 3x = 2x - 120

⇒ 5x = 330

⇒ x = (330/5) = 66%

∴ The percentage of water in the final mixture is 66%.

Persons: Azim, Bindu, Chaitra, Delphin, Eza, Fath, and Gayl

Dresses: Jean, Shirt, Kurta, Skirt, Saree, Salwar and Dhoti

Number of dresses: The number of dresses bought by each of them are in the consecutive multiples of 3. The total number of dresses bought by all people cannot exceed 85.

So, 3, 6, 9, 12, 15, 18 and 21 are the number of dresses bought by them.

1. Either Eza or Gayl bought 12 Skirts.

2. Delphin bought a number of Jeans, which is higher than only Fath.

3. So Fath bought 3 dresses and Delphin bought 6 jeans.

4. The number of Sarees bought is twice the number of Shirts bought.

5. Saree is bought for the second highest number. So, number of Saree is 18 and Shirt is 9.

6. Gayl bought twice the number of dresses of Delphin. So, Case 1 is invalid.

6. Chaithra bought the highest number of dresses but neither bought Saree nor Salwar.

So, the number is 21 and the dress left for it is Kurta.

7. Either Shirt or Dhoti is bought for the lowest number.

As Shirt is already 9, so the number of Dhoti bought is 3.

8. The number of Sarees bought is twice the number of Shirts bought, which is not bought by Azim.

So, he bought 15 salwar.

9. Neither Azim nor Bindu bought 18 dresses.

10. Saree is bought for the second highest number. So, number of Saree is 18 and Shirt is 9.

The final arrangement is,

So, Azim bought Salwar.

Persons: Azim, Bindu, Chaitra, Delphin, Eza, Fath, and Gayl

Dresses: Jean, Shirt, Kurta, Skirt, Saree, Salwar and Dhoti

Number of dresses: The number of dresses bought by each of them are in the consecutive multiples of 3. The total number of dresses bought by all people cannot exceed 85.

So, 3, 6, 9, 12, 15, 18 and 21 are the number of dresses bought by them.

1. Either Eza or Gayl bought 12 Skirts.

2. Delphin bought a number of Jeans, which is higher than only Fath.

3. So Fath bought 3 dresses and Delphin bought 6 jeans.

4. The number of Sarees bought is twice the number of Shirts bought.

5. Saree is bought for the second highest number. So, number of Saree is 18 and Shirt is 9.

6. Gayl bought twice the number of dresses of Delphin. So, Case 1 is invalid.

6. Chaithra bought the highest number of dresses but neither bought Saree nor Salwar.

So, the number is 21 and the dress left for it is Kurta.

7. Either Shirt or Dhoti is bought for the lowest number.

As Shirt is already 9, so the number of Dhoti bought is 3.

8. The number of Sarees bought is twice the number of Shirts bought, which is not bought by Azim.

So, he bought 15 salwar.

9. Neither Azim nor Bindu bought 18 dresses.

10. Saree is bought for the second highest number. So, number of Saree is 18 and Shirt is 9.

The final arrangement is,

Everyone except Gayl bought an odd number of dresses, whereas Gayl bought an even number of dresses.

So, Gayl is the odd one out.

Given number:- 7125126543456

If all the odd digits are increased by 2, then

Now all the digits are arranged in ascending order from the left end -

2233445667779

The first four digits from the right end are 9, 7, 7, 7 and their sum is 9 + 7 + 7 + 7 = 30

Hence, the correct answer is 30.

The least possible diagram for the given statements is as follows:

Conclusions:

I. Some apples are green. → False (This conclusion cannot be definitively proven from the given statements. Although some fruits are green and all apples are fruits, it doesn't necessarily mean that some apples are green. There could be other green fruits, but the premises don't provide enough information to conclude that some apples are green. So, this conclusion not follows.)

II. Some fruits are not vegetables. → True (Since some fruits are green and no green are vegetables, it follows that the green fruits are not vegetables. Therefore, this conclusion follows.)

III. No apples are vegetables. → False (All apples are fruits, and while the premises don't specifically state that no fruits are vegetables, the fact that no green are vegetables suggests that there might be some separation between fruits and vegetables. However, this isn't enough information to conclude that no apples are vegetables. We would need more information to draw this conclusion, so this conclusion not follow.)

Hence, Only conclusion II follows.

The given statement is:

Considering the ever-growing competitive scenario, should there be uniform eligibility criteria for admission to all the graduate degree colleges in the country?

Based on the above statement, we check the given arguments as follows:

I. This argument is strong as it is not possible for every student to fulfill the uniform eligibility criteria that will be applied to all the colleges. So, in order to ensure that every student gets a chance to pursue higher studies, each college must have its own eligibility criteria rather than a uniform one.

II. This argument is weak in nature as passing out from different colleges should be compared on the basis of which college that student is passing out, rather than comparing with students of different colleges. Each college has their own set of faculties and facilities. So, the standard of education provided by each college is different. Hence, comparison on this basis is futile.

III. This argument is not at all related to the given statement as it doesn't talk about the eligibility criteria at all.

Hence, only argument I is strong.

The correct answer is Maslow's Hierarchy of Needs

Key Points

• Maslow's Hierarchy includes physiological, safety, social, esteem, and self-actualization needs.
• Individuals are motivated to fulfill lower-level needs before higher-level needs.
• Self-actualization is the ultimate goal where individuals achieve their full potential.
• The theory emphasizes the importance of addressing employee needs to motivate them effectively.

Additional Information

• Herzberg's Two-Factor Theory
  • Distinguishes between hygiene factors and motivators.
• McClelland's Theory of Needs
  • Focuses on the needs for achievement, power, and affiliation.
• Vroom's Expectancy Theory
  • Emphasizes the relationship between effort, performance, and outcomes.
• Alderfer's ERG Theory
  • Condenses Maslow's hierarchy into existence, relatedness, and growth needs.

The correct answer is Futures.

In News

• Futures contracts obligate the buyer to purchase and the seller to sell a specific asset at a predetermined price on a future date.

Key Points

• Futures are standardized and traded on exchanges.
• They can be used for hedging or speculation.
• Futures contracts cover various asset classes including commodities, currencies, and indices.
• They require a margin deposit to manage credit risk.

Additional Information

• Option
  • Gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price.
• Swap
  • Agreement to exchange cash flows between two parties.
• Forward
  • Customizable contract between two parties to buy or sell an asset at a specified price on a future date.
• Contract for Difference (CFD)
  • Derivative that allows traders to speculate on price movements without owning the underlying asset.

The correct answer is Working conditions

Key Points

• Hygiene factors, also known as maintenance factors, include salary, company policies, working conditions, and interpersonal relationships.
• These factors do not lead to higher motivation but their absence causes dissatisfaction.
• Motivators, on the other hand, include factors like achievement, recognition, responsibility, and advancement, which can lead to higher job satisfaction and motivation.
• Herzberg’s theory suggests that addressing hygiene factors can prevent dissatisfaction, while focusing on motivators can enhance employee satisfaction and performance.

Additional Information

• Achievement
  • Considered a motivator that enhances job satisfaction.
• Recognition
  • Acts as a motivator by acknowledging employees' accomplishments.
• Responsibility
  • Increases job satisfaction by giving employees more control over their work.
• Advancement
  • Provides opportunities for career growth and development, acting as a motivator.

The correct answer is Unsystematic risk.

Key Points The risk arising from the unique uncertainties of individual securities is known as unsystematic risk or specific risk.

Unsystematic risk is the risk that is unique to a particular security or asset. It is the risk that cannot be diversified away by holding a well-diversified portfolio.

Additional Information Some examples of unsystematic risk include:

• Company-specific risk: This is the risk that is related to the specific company, such as the risk of a product recall or a lawsuit.
• Industry-specific risk: This is the risk that is related to the industry that the company operates in, such as the risk of a decline in demand for the product or service that the industry provides.
• Country-specific risk: This is the risk that is related to the country in which the company is located, such as the risk of political instability or economic sanctions.

Unsystematic risk can be reduced by diversification. Diversification means holding a portfolio of assets that are not perfectly correlated with each other. This means that the risk of one asset will not perfectly offset the risk of another asset

The correct answer is Chapter IV

Key Points

• Includes provisions on types of share capital and their issuance.
• Details the conditions for issuing debentures.
• Defines the rights and restrictions of shareholders and debenture holders.
• Ensures proper management of share capital and debt instruments.

Additional Information

• Chapter VI
  • Deals with the acceptance of deposits by companies.
• Chapter VIII
  • Regulates dividend distribution and management.
• Chapter X
  • Relates to the audit and auditors of the company.
• Chapter XII
  • Deals with meetings of the board and its powers.

The correct answer is Grouping similar machines into a cell

Key Points

• Cellular Manufacturing:
  • Facilitates small batch production and flexible manufacturing.
  • Reduces setup time and material handling.
  • Improves production flow and reduces lead time.
  • Encourages teamwork and responsibility.

Additional Information

• Manufacturing one product at a time
  • Related to one-piece flow, not cellular manufacturing.
  • Emphasizes continuous flow production.
• Continuous production process
  • Associated with process industries.
  • Involves uninterrupted production.
• Traditional assembly line production
  • Sequential flow is different from cellular layout.
  • Less flexible compared to cellular manufacturing.
• Producing high volumes of standardized products
  • Mass production strategy.
  • Cellular manufacturing supports variety and customization.

The correct answer is Standard Costing.

Key Points

• Standard Costing:
  • Establishes cost standards for products or services.
  • Variances are calculated to measure performance.
  • Helps in controlling costs and taking corrective actions.
  • Commonly used in manufacturing industries.

Additional Information

• Marginal Costing
  • Focuses on variable costs and their impact on profit.
  • Used for decision making and cost-volume-profit analysis.
• Budgetary Control
  • Involves setting budgets for various cost centers.
  • Helps in planning and controlling financial resources.
• Absorption Costing
  • Includes both fixed and variable costs in product costing.
  • Also known as full costing.
• Activity-Based Costing
  • Assigns costs to activities based on their use of resources.
  • Provides more accurate cost information.

The correct answer is Job Costing.​Key Points

• Job Costing:
  • Tracks costs for individual jobs or orders.
  • Each repair job is unique and requires different resources.
  • Helps in determining the cost and profitability of each job.
  • Common in service industries like car repair, printing, and custom manufacturing.

Additional Information

• Process Costing
  • Used for continuous production processes.
  • Costs are averaged over all units produced.
• Batch Costing
  • Suitable for products produced in batches.
  • Costs are assigned to batches, not individual units.
• Contract Costing
  • Applied to large, long-term contracts.
  • Common in construction and large-scale projects.
• Operation Costing
  • Combines elements of both job and process costing.
  • Used for similar products with varying processes.

The correct answer is AS 2.

In News

• AS 2 is related to the Valuation of Inventories.

Key Points

• AS 2 provides guidelines for determining the value at which inventories are carried in financial statements.
• It includes guidance on the cost of inventories and their net realizable value.
• The standard requires inventories to be measured at lower of cost and net realizable value.
• It ensures that inventories are appropriately valued and presented in the financial statements.

Additional Information

• AS 1
  • Disclosure of Accounting Policies
• AS 3
  • Cash Flow Statements
• AS 4
  • Contingencies and Events Occurring After the Balance Sheet Date
• AS 5
  • Net Profit or Loss for the Period, Prior Period Items, and Changes in Accounting Policies