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Banking Exams Exam  >  Banking Exams Tests  >  NABARD Practice Test - 3 - Banking Exams MCQ

NABARD Practice Test - 3 - Banking Exams MCQ


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30 Questions MCQ Test - NABARD Practice Test - 3

NABARD Practice Test - 3 for Banking Exams 2024 is part of Banking Exams preparation. The NABARD Practice Test - 3 questions and answers have been prepared according to the Banking Exams exam syllabus.The NABARD Practice Test - 3 MCQs are made for Banking Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for NABARD Practice Test - 3 below.
Solutions of NABARD Practice Test - 3 questions in English are available as part of our course for Banking Exams & NABARD Practice Test - 3 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 NABARD Practice Test - 3 | 200 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
NABARD Practice Test - 3 - Question 1
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In the following question, a set of statements is followed by some conclusions, one of which definitely does not follow (or is not a possibility of occurrence). Choose that conclusion as the answer.

Statements:

All waves are cloths.

All trees are cloths.

Some cloths are forests.

No forest is a tree.

Conclusions:

Detailed Solution for NABARD Practice Test - 3 - Question 1


(a) No trees are forests: True: From the given statement i.e. No forest is a tree, a tree can never be a forest.

(b) Some waves are forests.

(c) No wave is a forest.

Conclusion (b) and (c) are complimentary to each other i.e. either conclusion (b) or (c) follows.

(d) All cloths being forests is a possibility: False : If all cloths become forest, then all trees would be forest” which contradicts the given statement “ No forest is a tree”.

(e) All waves being forests is a possibility: TRUE : The possibility is shown in the above figure.

NABARD Practice Test - 3 - Question 2
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In the following question, there are four statements followed by four conclusions numbered I, II, III and IV. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.

Statements:

All men are big.

All big are old.

Some old are weak.

All weak are patients.

Conclusions:

I. Some weak are big.

II. Some weak are men.

III. At least some patients are old.

IV. Some patients being men is a possibility.

Detailed Solution for NABARD Practice Test - 3 - Question 2


Conclusions:

I. Some weak are big : FALSE : It is not definite.

II. Some weak are men : FALSE : It is not definite.

III. At least some patients are old : TRUE: Since, Some old are weak and all weak are patients. Hence, at least some patients are old.

IV. Some patients being men is a possibility: TRUE :

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NABARD Practice Test - 3 - Question 3
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In the following question, choose the option which doesn't follow according to the given information. If all the options follow, then choose option (e) i.e. “All follows”.

(i) A is 8km to the west of C.

(ii) B is 15km to the north of C.

(iii) E is 4km to the north-east of A.

(iv) D is to the south of C

Detailed Solution for NABARD Practice Test - 3 - Question 3

NABARD Practice Test - 3 - Question 4
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In a classroom, there are 5 rows and 5 children A, B, C, D and E are seated one behind the other in 5 separate rows. 'A' sits behind 'C' but in front of 'B'. 'C' sits behind 'E' and 'D' sits in front of 'E'. The order in which they are sitting from the first row to the last is
Detailed Solution for NABARD Practice Test - 3 - Question 4

The order of sitting is (from first to the last row) : DECAB

NABARD Practice Test - 3 - Question 5
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Directions for Below Question :

Read the following information carefully and answer the questions.

There are eight friends - M, N, O, P, Q, R, S and T sitting around a rectangular table, not necessarily in the same order. One person sits on each shorter side of the table and three persons sit on each longer side of the table. Equal number of persons is facing towards the centre of the table and away from the centre of the table. Each of them went for shopping and bought different items among - Car, Laptop, Watch, Gun, Shoes, Mobile, Dress and Camera, not necessarily in the same order.

1. T hasn't bought Watch. The person who bought Car sits third to the left of P, who bought Laptop.

2. The person who bought camera is sitting diagonally opposite to the person who bought Laptop.

3. Either the persons who bought Gun and Watch are facing each other and are sitting opposite to each other or are sitting adjacent to each other on same side and facing towards the centre.

4. The persons sitting on the shorter sides of the table are not facing in the same direction with respect to each other. (i.e. if one is facing towards centre then other is facing away from the centre.)

5. N, who doesn't face towards the centre of the table, sits third to the right of S, who bought Mobile.

6. The person who bought Shoes is sitting to the immediate left of the person who bought Dress.

7. M and T are sitting opposite to each other. O, who hasn't bought Dress and the person who bought Gun are sitting on the same side of the table.

8. Q, who is not sitting in the middle of the longer side of table, is sitting at equal distance from both M and T.

9. The person who bought dress or shoes doesn't sit adjacent to S or Q.

10. All the four persons who are facing towards the centre are not sitting together.

Question : Who is sitting third to the right of T?
Detailed Solution for NABARD Practice Test - 3 - Question 5


.’. P is sitting third to the right of T.

NABARD Practice Test - 3 - Question 6
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Directions for Below Question :

Read the following information carefully and answer the questions.

There are eight friends - M, N, O, P, Q, R, S and T sitting around a rectangular table, not necessarily in the same order. One person sits on each shorter side of the table and three persons sit on each longer side of the table. Equal number of persons is facing towards the centre of the table and away from the centre of the table. Each of them went for shopping and bought different items among - Car, Laptop, Watch, Gun, Shoes, Mobile, Dress and Camera, not necessarily in the same order.

1. T hasn't bought Watch. The person who bought Car sits third to the left of P, who bought Laptop.

2. The person who bought camera is sitting diagonally opposite to the person who bought Laptop.

3. Either the persons who bought Gun and Watch are facing each other and are sitting opposite to each other or are sitting adjacent to each other on same side and facing towards the centre.

4. The persons sitting on the shorter sides of the table are not facing in the same direction with respect to each other. (i.e. if one is facing towards centre then other is facing away from the centre.)

5. N, who doesn't face towards the centre of the table, sits third to the right of S, who bought Mobile.

6. The person who bought Shoes is sitting to the immediate left of the person who bought Dress.

7. M and T are sitting opposite to each other. O, who hasn't bought Dress and the person who bought Gun are sitting on the same side of the table.

8. Q, who is not sitting in the middle of the longer side of table, is sitting at equal distance from both M and T.

9. The person who bought dress or shoes doesn't sit adjacent to S or Q.

10. All the four persons who are facing towards the centre are not sitting together.

Question : Who is sitting diagonally opposite to the person who bought Laptop?
Detailed Solution for NABARD Practice Test - 3 - Question 6


.’. O is diagonally opposite to the person who bought Laptop.

NABARD Practice Test - 3 - Question 7
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Directions for Below Question :

Read the following information carefully and answer the questions.

There are eight friends - M, N, O, P, Q, R, S and T sitting around a rectangular table, not necessarily in the same order. One person sits on each shorter side of the table and three persons sit on each longer side of the table. Equal number of persons is facing towards the centre of the table and away from the centre of the table. Each of them went for shopping and bought different items among - Car, Laptop, Watch, Gun, Shoes, Mobile, Dress and Camera, not necessarily in the same order.

1. T hasn't bought Watch. The person who bought Car sits third to the left of P, who bought Laptop.

2. The person who bought camera is sitting diagonally opposite to the person who bought Laptop.

3. Either the persons who bought Gun and Watch are facing each other and are sitting opposite to each other or are sitting adjacent to each other on same side and facing towards the centre.

4. The persons sitting on the shorter sides of the table are not facing in the same direction with respect to each other. (i.e. if one is facing towards centre then other is facing away from the centre.)

5. N, who doesn't face towards the centre of the table, sits third to the right of S, who bought Mobile.

6. The person who bought Shoes is sitting to the immediate left of the person who bought Dress.

7. M and T are sitting opposite to each other. O, who hasn't bought Dress and the person who bought Gun are sitting on the same side of the table.

8. Q, who is not sitting in the middle of the longer side of table, is sitting at equal distance from both M and T.

9. The person who bought dress or shoes doesn't sit adjacent to S or Q.

10. All the four persons who are facing towards the centre are not sitting together.

Question : Who is sitting third to the left of the person who bought Watch?
Detailed Solution for NABARD Practice Test - 3 - Question 7


.’. M bought watch and R is sitting third to the left of M.

NABARD Practice Test - 3 - Question 8
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Directions for Below Question :

Read the following information carefully and answer the questions.

There are eight friends - M, N, O, P, Q, R, S and T sitting around a rectangular table, not necessarily in the same order. One person sits on each shorter side of the table and three persons sit on each longer side of the table. Equal number of persons is facing towards the centre of the table and away from the centre of the table. Each of them went for shopping and bought different items among - Car, Laptop, Watch, Gun, Shoes, Mobile, Dress and Camera, not necessarily in the same order.

1. T hasn't bought Watch. The person who bought Car sits third to the left of P, who bought Laptop.

2. The person who bought camera is sitting diagonally opposite to the person who bought Laptop.

3. Either the persons who bought Gun and Watch are facing each other and are sitting opposite to each other or are sitting adjacent to each other on same side and facing towards the centre.

4. The persons sitting on the shorter sides of the table are not facing in the same direction with respect to each other. (i.e. if one is facing towards centre then other is facing away from the centre.)

5. N, who doesn't face towards the centre of the table, sits third to the right of S, who bought Mobile.

6. The person who bought Shoes is sitting to the immediate left of the person who bought Dress.

7. M and T are sitting opposite to each other. O, who hasn't bought Dress and the person who bought Gun are sitting on the same side of the table.

8. Q, who is not sitting in the middle of the longer side of table, is sitting at equal distance from both M and T.

9. The person who bought dress or shoes doesn't sit adjacent to S or Q.

10. All the four persons who are facing towards the centre are not sitting together.

Question : R bought which of the following items?
Detailed Solution for NABARD Practice Test - 3 - Question 8


.’. R bought Dress.

NABARD Practice Test - 3 - Question 9
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Directions for Below Question :

Read the following information carefully and answer the questions.

There are eight friends - M, N, O, P, Q, R, S and T sitting around a rectangular table, not necessarily in the same order. One person sits on each shorter side of the table and three persons sit on each longer side of the table. Equal number of persons is facing towards the centre of the table and away from the centre of the table. Each of them went for shopping and bought different items among - Car, Laptop, Watch, Gun, Shoes, Mobile, Dress and Camera, not necessarily in the same order.

1. T hasn't bought Watch. The person who bought Car sits third to the left of P, who bought Laptop.

2. The person who bought camera is sitting diagonally opposite to the person who bought Laptop.

3. Either the persons who bought Gun and Watch are facing each other and are sitting opposite to each other or are sitting adjacent to each other on same side and facing towards the centre.

4. The persons sitting on the shorter sides of the table are not facing in the same direction with respect to each other. (i.e. if one is facing towards centre then other is facing away from the centre.)

5. N, who doesn't face towards the centre of the table, sits third to the right of S, who bought Mobile.

6. The person who bought Shoes is sitting to the immediate left of the person who bought Dress.

7. M and T are sitting opposite to each other. O, who hasn't bought Dress and the person who bought Gun are sitting on the same side of the table.

8. Q, who is not sitting in the middle of the longer side of table, is sitting at equal distance from both M and T.

9. The person who bought dress or shoes doesn't sit adjacent to S or Q.

10. All the four persons who are facing towards the centre are not sitting together.

Question : What is the position of T with respect to the person who bought Shoes?
Detailed Solution for NABARD Practice Test - 3 - Question 9

NABARD Practice Test - 3 - Question 10
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Cause and Effect:

I. More than ten students have reported facing ragging in the last month.

II. The college authorities have decided to toughen the rules that safeguard students against the menace of ragging.
Detailed Solution for NABARD Practice Test - 3 - Question 10

From statement I, in the last month, incidents of ragging were reported by some students. And from statement II: the phrase “toughen the rules” signifies that the existing rules are not enough to restrict those who do ragging. Hence, the rules regarding ragging need to be made stricter. So, Statement I is the cause and Statement II is the effect.

NABARD Practice Test - 3 - Question 11
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Study the following information carefully and answer the questions given below:

Statements: A ≥ N, C > G, G < T, M = O, R ≥ L, N > C, T < M, O > R

Conclusion:

I. A ≥ G

II. C < M

III. G < O

IV. M > L
Detailed Solution for NABARD Practice Test - 3 - Question 11

From the given statements,

A ≥ N > C > G < T < M = O > R ≥ L

Conclusion:

I. A ≥ G : FALSE : Since, A ≥ N > C > G

II. C < M : FALSE : No relationship between C and M can be established.

III. G < O : TRUE : Since, G < T < M = O. So, G < O is true.

IV. M > L : TRUE: Since, M = O > R ≥ L. So, M > L is true.

NABARD Practice Test - 3 - Question 12
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Statements: A>C, D>B, R>G, M<K, C<D, B>R, G<M

Conclusion:

I. A>D

II. B>G

III. R>K
Detailed Solution for NABARD Practice Test - 3 - Question 12

From the given statements:

A > C < D > B > R > G < M < K

Conclusion:

I. A > D : FALSE : No relationship can be established between A and D.

II. B > G : TRUE : Since, B > R > G. So, B > G is true.

III. R > K : FALSE : No relationship can be established between R and K.

NABARD Practice Test - 3 - Question 13
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Directions for Below Question :

Study the following information carefully and answer the questions given below:

Six persons A, B, C, D, E and F lives in an eight floor building. The lowermost floor is numbered 1, the one above is numbered 2 and so on till the topmost floor of the building are numbered 8. Two of the floors are vacant. Their ages are 11, 14, 17, 18, 28 and 31, but not necessarily in the same order.

(i) Both the vacant floors are even numbered floors but not the 8th floor.

(ii) B, who is 18 years old, lives just above the vacant floor.

(iii) The age of D is sum of the ages of C and E. D lives on even numbered floor but not on 8th floor and his age is even number. C is elder than E.

(iv) Two persons live between D and B. Difference of the ages of A and C is 3 years and A lives below B.

(v) The number of persons between C and F is same as D and A.

(vi) C does not live on 1st floor and lives below A.

Question : Who is the eldest in the group?
Detailed Solution for NABARD Practice Test - 3 - Question 13


.’. F is eldest in the group.

NABARD Practice Test - 3 - Question 14
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Directions for Below Question :

Study the following information carefully and answer the questions given below:

Six persons A, B, C, D, E and F lives in an eight floor building. The lowermost floor is numbered 1, the one above is numbered 2 and so on till the topmost floor of the building are numbered 8. Two of the floors are vacant. Their ages are 11, 14, 17, 18, 28 and 31, but not necessarily in the same order.

(i) Both the vacant floors are even numbered floors but not the 8th floor.

(ii) B, who is 18 years old, lives just above the vacant floor.

(iii) The age of D is sum of the ages of C and E. D lives on even numbered floor but not on 8th floor and his age is even number. C is elder than E.

(iv) Two persons live between D and B. Difference of the ages of A and C is 3 years and A lives below B.

(v) The number of persons between C and F is same as D and A.

(vi) C does not live on 1st floor and lives below A.

Question : How many persons are elder than D?
Detailed Solution for NABARD Practice Test - 3 - Question 14


.’. Only F is elder than D.

NABARD Practice Test - 3 - Question 15
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Directions for Below Question :

Study the following information carefully and answer the questions given below:

Six persons A, B, C, D, E and F lives in an eight floor building. The lowermost floor is numbered 1, the one above is numbered 2 and so on till the topmost floor of the building are numbered 8. Two of the floors are vacant. Their ages are 11, 14, 17, 18, 28 and 31, but not necessarily in the same order.

(i) Both the vacant floors are even numbered floors but not the 8th floor.

(ii) B, who is 18 years old, lives just above the vacant floor.

(iii) The age of D is sum of the ages of C and E. D lives on even numbered floor but not on 8th floor and his age is even number. C is elder than E.

(iv) Two persons live between D and B. Difference of the ages of A and C is 3 years and A lives below B.

(v) The number of persons between C and F is same as D and A.

(vi) C does not live on 1st floor and lives below A.

Question : How many persons live between E and the one who is 28 years old?
Detailed Solution for NABARD Practice Test - 3 - Question 15


.’. D is 28 years old. There are 3 persons between E and D.

NABARD Practice Test - 3 - Question 16
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Directions for Below Question :

Study the following information carefully and answer the questions given below:

Six persons A, B, C, D, E and F lives in an eight floor building. The lowermost floor is numbered 1, the one above is numbered 2 and so on till the topmost floor of the building are numbered 8. Two of the floors are vacant. Their ages are 11, 14, 17, 18, 28 and 31, but not necessarily in the same order.

(i) Both the vacant floors are even numbered floors but not the 8th floor.

(ii) B, who is 18 years old, lives just above the vacant floor.

(iii) The age of D is sum of the ages of C and E. D lives on even numbered floor but not on 8th floor and his age is even number. C is elder than E.

(iv) Two persons live between D and B. Difference of the ages of A and C is 3 years and A lives below B.

(v) The number of persons between C and F is same as D and A.

(vi) C does not live on 1st floor and lives below A.

Question : Which of the following is true?
Detailed Solution for NABARD Practice Test - 3 - Question 16


.’. D is 28 years old. C lives just below a vacant floor. A is 14 years old. F is 31 years old.

NABARD Practice Test - 3 - Question 17
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Directions for Below Question :

Study the following information carefully and answer the questions given below:

Six persons A, B, C, D, E and F lives in an eight floor building. The lowermost floor is numbered 1, the one above is numbered 2 and so on till the topmost floor of the building are numbered 8. Two of the floors are vacant. Their ages are 11, 14, 17, 18, 28 and 31, but not necessarily in the same order.

(i) Both the vacant floors are even numbered floors but not the 8th floor.

(ii) B, who is 18 years old, lives just above the vacant floor.

(iii) The age of D is sum of the ages of C and E. D lives on even numbered floor but not on 8th floor and his age is even number. C is elder than E.

(iv) Two persons live between D and B. Difference of the ages of A and C is 3 years and A lives below B.

(v) The number of persons between C and F is same as D and A.

(vi) C does not live on 1st floor and lives below A.

Question : Which of the following floors are vacant?
Detailed Solution for NABARD Practice Test - 3 - Question 17


.’. Floor number 6 and 4 are vacant.

NABARD Practice Test - 3 - Question 18
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The following question contains 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:

Twelve students sitting in two parallel rows facing each other such that G, H, I, J, K and L are facing south while A, B, C, D, E and F are facing north, then who is facing I?

I. G sits second to right of K who sits facing E. E sits second to the left of B. F sits third to right of A, who sits facing G. B sits facing J, who sits second to left of K. D sits second to right of F and H sits at one of the ends, second to left of L.

II. J sits facing B, who sits second to the right of E who sits facing K. G sits third to right of L who sits second to right of H. A sits facing G and D sits third to right of E. K sits third to right of H and F sits second to left of D.
Detailed Solution for NABARD Practice Test - 3 - Question 18

From statement I:

 

.’. C is facing I. So, statement I is sufficient.

From statement II:
 


.’. C is facing I. So, statement I is sufficient.

NABARD Practice Test - 3 - Question 19
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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 which of the statements are sufficient to answer the question. Choose your answer from the options based on this.

Seven persons of a family A, B, C, D, E, F and G. They belong to three generation and there are 3 couples in the family. How is E related to C?

I. A is married to B. F is grandson of B. A has only 2 sons. G is married to C.

II. D is son of A. G is sister-in-law of D. C has no child. E is mother of F.
Detailed Solution for NABARD Practice Test - 3 - Question 19

From Statement I:

 

.’. It is not sufficient to determine relationship between E and C.

From Statement II:


From Statement I and II:

 

.’. C & D are brothers and E is wife of D. Hence, E is sister in law of C.

Hence, Both the statements are required.

NABARD Practice Test - 3 - Question 20
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Veer: A college degree is a must if one wishes to secure a well-paying job in the future.

Sasha: That's not true. A college also improves one's decision making, besides helping one to secure a job.

It can be inferred that Sasha has misinterpreted Veer's statement to mean:
Detailed Solution for NABARD Practice Test - 3 - Question 20

Option A is incorrect, as this is the actual meaning of Veer's statement, and not Sasha's inference. Option C is eliminated as the passage does not talk about success. Option D is eliminated as Veer says nothing about college and decision making. Option B is the right answer, as Sasha interprets Veer's remarks to mean that the only thing to be gained from college is security of a good job.

NABARD Practice Test - 3 - Question 21
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A and B can do a piece of work in 45 days and 40 days respectively. They began to work together but after 'n' days ‘A’ left and B finished the rest of the work in "n + 14" days. Find after how many days A left.
Detailed Solution for NABARD Practice Test - 3 - Question 21

According to the question,

(A + B)'s 1 day work = 1/45 + 1/40 = 17/360

(A + B)'s 'n' day work = 17n/360

Now, the remaining work i.e. 1 - 17n/360 is completed by 'B' in (n + 14) days.

Thus,

(n + 14)/40 = 1 - 17n/360

=> 9(n + 14) = 360 - 17n

=> 9n + 126 = 360 - 17n

=> 26n = 234

=> n = 9.

NABARD Practice Test - 3 - Question 22
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A team of 7 players is to be selected for a Corporate Level Cricket tournament. 2 managers, 8 engineers and 4 team leaders have nominated their names for inclusion in the team. In how many ways can the team be formed if it has to have at least 1 manager, 2 team leaders and 3 engineers?
Detailed Solution for NABARD Practice Test - 3 - Question 22

As per the given condition, in the following ways 7 players can be chosen out of 14 players:

1. 2 manager, 2 team leader and 3 engineers: 2C2 * 4C2 * 8C3 = 1 * 6 * 56 = 336

2. 1 manager, 2 team leader and 4 engineers: 2C1 * 4C2 * 8C4 = 2 * 6 * 70 = 840

3. 1 manager, 3 team leader and 3 engineers: 2C1 * 4C3 * 8C3 = 2 * 4 * 56 = 448

Hence, total number of ways = 336 + 840 + 448 = 1624.

NABARD Practice Test - 3 - Question 23
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Two casks of 48 litres and 42 litres are filled with mixtures of wine and water in the proportions 13:3 and 18:24, respectively. If the contents of the two casks are mixed and 20 litres of water is added to the entire solution, what will be the proportion of wine to water in the resultant solution?
Detailed Solution for NABARD Practice Test - 3 - Question 23

In the 1st cask:

Wine = 48 * 13/16 = 39 litres

Water = 48 - 39 = 9 litres

In the 2nd cask:

Wine = 42 * 18/42 = 18 litres

Water = 42 - 18 = 24 litres

In the final solution:

Wine = (39 + 18) litres = 57 litres

Water = (9 + 24 + 20) litres = 53 litres

.'. The required ratio of wine and water in the final solution = 57 : 53.

NABARD Practice Test - 3 - Question 24
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Suyash decides to go to a week long adult literacy camp. He starts cycling at 10:15 A.M from his home and the camp keeps shifting 2 Km farther away from his house each day. At what time will he reach the camp on the 4th day if his cycling speed is 12 km/hr and the time taken by him to reach the camp on the 2nd day was 3 hrs ?
Detailed Solution for NABARD Practice Test - 3 - Question 24

Let the initial distance between Suyash's house and the camp be 'x' Km.

And, on the 2nd day, the distance between Suyash's house and the camp will be (x + 2) Km.

Time taken by Suyash on the 2nd day = 3 hrs. (Given)

i.e.

(x + 2)/3 = 12

=> x + 2 = 12 * 3

=> x + 2 = 36

=> x = 34 km

Time taken by Suyash to reach the camp on the fourth day will be [x + (2 + 2 + 2)]/ 12 hrs i.e. [34 + 6] / 12 or 10/3 hrs or (10/3)*60 minutes = 3 hrs and 20 minutes.

.'. On 4th day, he will reach the camp at 3 hrs and 20 minutes from 10:15 A.M i.e. 1:35 P.M.

NABARD Practice Test - 3 - Question 25
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A and B started a business with an initial investment of 2.5 crores and 3.5 crores respectively. After five months, C invested 4 crores. After three more months, capital invested by A and B was same as 3 crores. A took out ten percent of the profit for managing the business. If the total profit was 6 lakhs, calculate the difference in profits received by B and C?
Detailed Solution for NABARD Practice Test - 3 - Question 25

According to the question,

ratio of investment by A, B and C is:

(2.5 * 8 + 3 * 4) : (3.5 * 8 + 3 * 4) : (4 * 7) = 32 : 40 : 28

Given, total profit = Rs 6 lakhs.

Share of A in the profit for managing the business = 10% of 600000 = Rs 60000

Now, Rs (6 lakhs - 60000) i.e. Rs 540000 distributed among all three partners.

.'. The required difference = Rs. (40 - 28)/100 * 540000 = Rs 64800.

NABARD Practice Test - 3 - Question 26
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Mohit earns 5/2 times in Jan, May, July, and September than his average earning of Rs. 2000 per month for the rest of the months. Also his savings in the Jan, May, July, and September is 7/3 times that of his average savings for the rest of the months which is Rs 1500 per month. The average expenditure per month will be?
Detailed Solution for NABARD Practice Test - 3 - Question 26

According to the question,

Mohit's earning = 8 * 2000 + 4 * 5/2 * 2000 = Rs 36000

Mohit's savings = 8 * 1500 + 4 * 7/3 * 1500 = Rs 26000

His total expenditure = Rs (36000 - 26000) = Rs 10000

.'. His average expenditure = Rs 10000/12 = Rs 833.33

NABARD Practice Test - 3 - Question 27
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Directions for Below Question :

 

Study the below table and answer the following questions:

Question : If the profit earned in selling Tulip (per 100 units) is Rs 312, then find the profit percentage earned by seller on selling Tulip?
Detailed Solution for NABARD Practice Test - 3 - Question 27

Total cost of purchasing Tulip (per 100 units) including transportation = Rs (2200 + 400) = Rs 2600.

And, profit earned in selling Tulip (per 100 units) = Rs 312.

Therefore, profit percentage = 312/2600 * 100 = 12%

NABARD Practice Test - 3 - Question 28
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Directions for Below Question :

 

Study the below table and answer the following questions:

Question :  The purchase price of Lily (per 100 units) including transportation is what percent of the selling price of Mogra(per 100 units) ?
Detailed Solution for NABARD Practice Test - 3 - Question 28

According to the given table,

The purchase price of Lily (per 100 units) = Rs(1300 + 400 – 300) = Rs 1400

.’. The purchase price of Lily (per 100 units) including transportation = Rs (1400 + 300) = Rs 1700

And, the selling price of Mogra(per 100 units) = Rs 810

.’. The required percentage = 1700/810 * 100 = 209.87%

NABARD Practice Test - 3 - Question 29
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Directions for Below Question :

 

Study the below table and answer the following questions:

Question : Find the ratio of profit on marigold (per 100 units) to that on rose (per 100 units)?
Detailed Solution for NABARD Practice Test - 3 - Question 29

According to the given table,

The profit% in selling Marigold (per 100 units) = 9%

Total purchase price including transportation = Rs (1800 + 500) = Rs 2300

The selling price of Marigold(per 100 units) = 109/100 * 2300 = Rs 2507

.’. The profit in selling marigold (per 100 units) = Rs (2507 – 2300) = Rs 207

And, The profit in selling rose (per 100 units) = Rs 450

Therefore, the required ratio = 207 : 450 = 23 : 50

NABARD Practice Test - 3 - Question 30
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Directions for Below Question :

 

Study the below table and answer the following questions:

Question :  Find the ratio of the difference between profit on marigold and Rose (per 100 units) to difference between loss on Lily and Mogra?
Detailed Solution for NABARD Practice Test - 3 - Question 30

The selling price of Marigold(per 100 units) = 109/100 * 2300 = Rs 2507

The profit in selling marigold (per 100 units) = Rs (2507 – 2300) = Rs 207

And, The profit in selling rose (per 100 units) = Rs 450

The difference between profit on marigold and Rose (per 100 units) = Rs (450 – 207) = Rs 243 -----(i)

The loss on Lily (per 100 units) = Rs 400

Purchase price of Mogra (per 100 units) = Rs [(810 * 100)/90 – 100] = Rs 800

Purchase price of Mogra (per 100 units) with transportation = Rs (800 + 100) = Rs 900

The loss in selling Mogra (per 100 units) = Rs(900 – 810) = Rs 90

The difference between loss on Lily and Mogra(per 100 units) = Rs Rs (400 – 90) = Rs 310 -----(ii)

.’. The required ratio = 243 : 310

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