KRISHNA MOHAN

Friday, 28 July 2017

Quant Quiz

1. When two is added to half of one-third of one-fifth of a number, the result is one-fifteenth of the number. Find the number.

(a) 40

(b) 50

(d) 70
(e) none of these

2. The monthly incomes of P and Q are in the ratio 4:3 and their monthly expenditures are in the ratio of 6:5.

The monthly savings of P and Q are in the ratio 3:1. The monthly savings of P is Rs. 2500 more than twice the monthly savings of Q.

Find the monthly expenditure of P.

(a) Rs. 35000

(b) Rs. 37500

(d) Rs. 31500
(e) none of these

3. In a jar, there are 15 white marbles and 35 green marbles. Find the number of green marbles to be removed from-
the jar so that 40% of its marbles are green (Assume that the marbles in the jar are all either white or green).

(a) 20

(b) 25

(d) 15
(e) none of these

4. A shopkeeper sold an article at 26% profit after giving a 30% discount.
Had he not offered any discount, his profit percentage would have been …………….

(a) 60%

(b) 75%

(d) 90%
(e) none of these

5. A cetain sum yields Rs. 840 more interest if it is invested at 18% p.a. than at 12% p.a. for two years. Find the sum.

(a) Rs. 7000

(b) Rs. 85000

(d) Rs. 7500
(e) none of these

6. The average score of a class of 60 students in a test is 55. If the score of the highest scorer and that of the least scorer are excluded,

the average score of the class would decrease by 1. The score of the highest scorer is 88 more than that of the least scorer.
Find the score of the lease scorer.

(a) 40

(b) 43

(d) 46
(e) none of these

7. E, F and G can complete a job in 20 days, 30 days and 40 days respectively. All of them started the job together.
Six days before the completion of the job, E left. F and G completed the remaining part of the job together.
Find the total time taken to complete the job.

(a) 10 days

(b) 15 days

(d) 9 days
(e) none of these

8. A tank has three pipes P, Q and R. P can fill it in 2 hours. Q and R can empty it in 4 hours and 6 hours respectively.

All the pipes were opened at 9 a.m. Q was closed at 10 a.m and R was closed at 11 a.m. Find the time when the tank would be filled.

(a) 11 : 40 a.m

(b) 12 : 20 p.m

(d) 12 : 10 p.m
(e) none of these

9. When Anil walked from his home to his school at 3 km/ hr, he reached his school 9 minutes late.

When he walked (from his home to his school) at 5 km/hr, he reached his school 11 minutes early. Find the distance from his home to his school.

(a) 2. 5 km

(b) 1.5 km

(d) 3 km
(e) none of these

10. Antony, Ben and Charles enter into a business with investments in the ratio of 3: 4: 6. At the end of one year,

they shared the profiles in the ratio of 6 : 4 : 3. Find the ratio of the respective time periods for which they invested.

(a) 1 : 2 : 4

(b) 4 : 2 :1

(d) 1 : 4 :2
(e) none of these

Answers:

Quant Quiz

Directions (Q. Now. 1-5): Study the following graph carefully and answer the questions that follow.

Per cent rise in profit of two companies A and B from the year 1994 to 1999

1. If the profit earned by company A in the year 1995 was Rs. 1.96 lakh, what was the profit earned by the company in the years 1996?

(a) Rs. 2.12 lakh

(b) Rs. 2.45 lakh

(d) Cannot be determined

(e) None of the above

2. Which of the following statements is true with respect to the above graph?

(a) Company B made the highest profit in the year 1999

(b) Company A made the least profit in the year 1995

(c) The ratio of the profits earned by company A and company B in the year 1996 was 6 : 5
(d) Company A made the highest profit in the year 1998

(e) All of the above

Sol. (a);

According to the graph, it is clear that the profit of companies A and B increased every year.

Minimum profit in the year 1994 and maximum profit in the year 1999 by both companies.

Ratio cannot be determined because numerical values are not given.

So, only Statement A is true.

3. What was the percentage increase in per cent rise in profit of company B in the year 1999 from the previous year?

(a) 25

(b) 15

(d) 75

(e) None of the above

4. If the profit earned by company B in the year 1998 was Rs. 4.56 lakh, what was the amount of profit earned by it in the year 1996?

(a) Rs. 2.16 lakh

(b) Rs. 3.04 lakh

(c)Rs. 2.42 lakh

(d) Cannot be determined

(e) None of the above

5. What was the average per cent rise in profit of company A over all the years together?

Directions (Q. 6-10) Study the following graph carefully and answer the questions that follow.

Runs scored by three different teams in five different cricket matches

6. Total runs scored by India and South Africa in Match 4 together is approximately, what percentage of the total runs scored by Sri Lanka in all the five matches together?

(a) 42

(b) 18

(d) 24

(e) 28

7. In which match, is the difference between the runs scored by South Africa and Sri Lanka second lowest?

(a) 1

(b) 2

(d) 4

(e) 5

Sol. (c);

Difference between the runs scored by

South Africa and Sri Lanka in

Match 1 = 260 – 160 = 100

Match 2 = 330 – 180 = 150

Match 3 = 310 – 230 = 80

Match 4 = 270 – 220 = 50

Match 5 = 300 – 150 = 150

∴Second lowest difference in Match 3.

8. In which match the total runs scored by India and Sri Lanka together is the third highest/lowest?

(a) 1

(b) 2

(d) 4

(e) 5

Sol. (a);

Total runs scored by India and Sri Lanka in

Match 1 = 320 + 160 = 480

Match 2 = 240 + 180 = 420

Match 3 = 270 + 230 = 500

Match 4 = 190 + 270 = 460

Match 5 = 220 + 300 = 520

∴Third highest/lowest score in Match 1.

9. What is the respective ratio between the runs scored by India in Match, 5 South Africa in Match 1 and Sri Lanka in Match 2?

(a) 11 : 13 : 7

(b) 11 : 7 : 13

(d) 11 : 13 : 9

(e) None of the above

Sol. (d);

Required ratio

= 220 : 260 : 180 = 11 : 13 : 9

10. What are the average runs scored by all the three teams in Match 3 together?

(a) 280

(b) 270

(d) 285

(e) None of the above

Quant Quiz

Directions (1-5): Study the following arrangement carefully and answer the questions given below.

In an exhibition of watches there were three companies HMT, ROMAX and TITAN who introduced their models in the exhibition -

and it is found at the last of the exhibition that total 300 customers have visited exhibition.

50% customers purchased HMT; 55% customers purchased TITAN; 45% customers purchased ROMAX.
20% of customers who purchased HMT also purchased other two brands. Customers who purchased any of two brands are 95.
Customers of only HMT are 20 more than that of only ROMAX. Customers who purchased only HMT and ROMAX are 40.

1. How many of them did not purchase any of the three watches?

(a) 15

(b) 20

(d) 10

(5) None of these

2. How many of them purchased only one brand of watches?

(a) 175

(b) 160

(d) 170

(5) None of these

3. How many of them purchased at least two brands of watches?

(a) 125

(b) 105

(d) 130

(5) None of these

4. How many of them didn’t purchase only one ROMAX watch?

(a) 160

(b) 105

(d) 265

(5) None of these

5. What is the total number of watches which have been sold?

(a) 450

(b) 445

(d) 305

(5) None of these

Directions (6-10): Study the following information carefully and answer the given questions.

Total 225 people are asked about what type of movies they like. 30 people said they liked only Action movies,

50 said they liked only Fictions and 1/3rd of total number of people liked only Horror movies.

People who like Fiction and Horror movies but not Action movies are 1/3rd the number of people who like only Horror.

People who like Action and Fiction movies but not Horror movies are 1/4th of the sum of people -
who like only Action movies and people who like only Fiction movies.
Number of people who like Action and Horror movies but not like Fiction moviesare 1/15th of total number of people.
Every person like at least one type of movie.

6. How many people like Action movies?

(a) 30

(b) 75

(d) 40

(5) None of these

7. What is the ratio between number of people who like Horror movies and total number of people surveyed?

(a) 5 : 9

(b) 1 : 3

(d) 2 : 9

(5) None of these

8. What is the difference between number of people who like Fiction movies and number of people like only Fiction movies?

(a) 0

(b) 45

(d) 5

(5) None of these

9. What is the number of people who like all three type of movies?

(a) 70

(b) 25

(d) 20

(5) None of these

10. What is the number of people who like exactly two types of movies?

(a) 60

(b) 70

(d) 75

(5) None of these

Answers:

1. 3

2. 4

3. 1

4. 4

5. 1

Solutions (6-10)

Information given in the question we assume people like all 3 types movies is x.

30 + 20 + 50 + 15 + x + 25 + 75 = 225

x + 215 = 225

x = 10

6. 2

7. 1;

Ratio = 125/225 = 5 : 9

8. 3

9. 5; answer-10

10. 1

Banking Awareness

Q1. Where is headquarter of Federal Bank?

(a) Kochi

(b) Mumbai

(d) Bengaluru

(e) None of the given options is true

Q2. Which private sector bank was earlier known as UTI Bank?

(a) Axis Bank

(b) ICICI Bank

(d) Yes Bank

(e) None of the given options is true

Q3. The rural co-operatives are further divided into short-term and long-term structures. The short-term cooperative banks are tiered operating in different states. These are........?

(a) State Co-operative Banks

(b) District Central Co-operative Banks

(d) All of the above

(e) None of the given options is true

Q4. Co-operative banks are registered with...?

(a) Reserve Bank of India (RBI)

(b) Union Government

(d) Securities and Exchange Board of India (SEBI)

(e) None of the given options is true

Q5. Apna Sahakari Bank Ltd is located in-

(a) Bhopal, Madhya Pradesh

(b) Kolkata, West Bengal

(d) Mumbai, Maharashtra

(e) None of the given options is true

Q6. As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto Rs.1,000 using their debit cards from notified shoes/stores all over the country. All such shops/stores will have ‘POS’ terminals for the same. What is full form of the ‘POS’?

(a) Payment on Sale

(b) Power of Sale

(d) Payment Order Service

(e) None of the given options is true

Q7. Which of the following is considered as the financial capital of India?

(a) New Delhi

(b) Kolkata

(d) Mumbai

(e) None of the given options is true

Q8. One of the major emphasis of Basel II is that banks should have?

(a) Adequate Capital Adequacy Ratio

(b) Only few braches in urban centers

(d) Core banking mode of operation

(e) None of the given options is true

Q9. MUDRA Bank as a wholly owned subsidiary of which institutions?

(a) Non-Banking Financial Companies (NBFCs)

(b) Commercial Banks

(d) Small Industries Development Bank of India (SIDBI)

(e) None of the given options is true

Q10. What amount of corpus is allocated to set up MUDRA Bank?

(a) Rs. 20,000 crore

(b) Rs. 25,000 crore

(d) Rs. 3,500 crore

(e) None of the given options is true

Q11. ‘Closed Economy’ is that economy in which............?

(a) Neither export nor import takes place

(b) Deficit financing takes place

(d) All of the above

(e) None of the given options is true

Q12. The SDR was created by the IMF in ____________ as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system.

(a) 1945

(b) 1969

(d) 1991

(e) None of the given options is true

Q13. The headquarters of SIDBI is in-

(a) Lucknow

(b) New Delhi

(d) Kolkata

(e) None of the given options is true

Q14. LIC of India was established in-

(a) 1897

(b) 1956

(d) 1965

(e) 1949

Q15. What is ‘Hawala market’?

(a) Illegal market for exchanging rupees and foreign currencies

(b) Full details of a subject

(d) Tax evasion

(e) None of the given options is true

Solutions

S1. Ans.(a)

S2. Ans.(a)

S3. Ans.(d)

S4. Ans.(a)

S5. Ans.(d)

S6. Ans.(c)

S7. Ans.(d)

S8. Ans.(a)

S9. Ans.(d)

S10. Ans.(a)

S11. Ans.(a)

S12. Ans.(b)

S13. Ans.(a)

S14. Ans.(b)

S15. Ans.(a)

Banking Awareness

Q1. Who is the first Governor of RBI?

(a) C.D.Deshmukh

(b) James Braid Taylor

(c) Osborne Smith

(d) Raghuram Rajan

(e) None of the given options is true

Q2. Scheduled Banks of India are those banks, which are?

(a) Included in First Schedule of RBI Act, 1934

(b) Not included in First Schedule of RBI Act, 1934

(c) Included in Second Schedule of RBI Act, 1934

(d) Not included in Second Schedule of RBI Act, 1934

(e) None of the given options is true

Q3. Which is not an Associate Bank of SBI?

(a) State Bank of Bikaner & Jaipur

(b) State Bank of Travancore

(d) State Bank of Rajasthan

(e) None of the given options is true

Q4. Which of the following bank is not a private sector bank in India?

(a) Federal Bank

(b) Yes Bank

(d) UCO Bank

(e) None of the given options is true

Q5. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?

(a) ING Vysya Bank

(b) Karur Vysya Bank

(d) Jammu and Kashmir Bank

(e) None of the given options is true

Q6. RBI was established (April 1, 1935) under which of the following Acts?

(a) Reserve Bank of India Act, 1934

(b) Reserve Bank of India Act, 1926

(d) Negotiable Instrument Act, 1881

(e) None of the given options is true

Q7. Who was the first Indian governor of RBI?

(a) Osborne Smith

(b) C D Desmukh

(d) Bimal Jalan

(e) None of the given options is true

Q8. In which year RBI was nationalized?

(a) 1955

(b) 1949

(d) 1980

(e) None of the given options is true

Q9. Which one of the following rates is not decided by RBI?

(a) Repo rate

(b) Base rate

(d) MSF

(e) None of the given options is true

Q10. Every bank wishing to commence banking business in India is required to obtain a licence from?

(a) Government of India, Ministry of Finance

(b) Government of India, Company Law Board

(c) Reserve Bank of India

(d) Registrar of Companies

(e) None of the given options is true

Q11. Currently, Which of the following combination has female CMDs or heads?

(a) HDFC, ICICI, Axis Bank

(b) ICICI, Axis Bank, Kotak Mahindra Bank

(d) SBI, ICICI, Axis Bank

(e) None of the given options is true

Q12. Which two private sector banks have got the license from RBI in 2014?

(a) Bandhan and Yes Bank

(b) Yes Bank and IDFC

(c) IDFC Bank and Bandhan Bank

(d) Axis Bank and ICICI

(e) None of the given options is true

Q13. Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, the Financial Times Group's monthly publication?

(a) Janet Yellen

(b) Raghuram Rajan

(d) Mario Draghi

(e) None of the given options is true

Q14. Which bank first introduced Automated Teller Machine (ATM) in India (1987)?

(a) SBI

(b) Punjab National Bank

(d) HSBC

(e) None of the given options is true

Q15. Bank of Rajasthan was merged with which private sector bank?

(a) ICICI Bank

(b) Axis Bank

(d) Kotak Mahindra Bank

(e) None of the given options is true

KRISHNA MOHAN

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Friday, 28 July 2017

Quant Quiz

Quant Quiz

Quant Quiz

Quant Quiz

Quant Quiz

Banking Awareness

Banking Awareness

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