Quantitative Aptitude

Q1. For two consecutive years, my incomes are in the ratio of 4:7 and expenses in the ratio of 3:5. If my income in the second year is Rs. 42000 and my expenses in the first year in Rs. 21000, my total savings for the two-year is
(a) Rs. 5,000
(b) Rs. 10,000
(c) Rs. 12,000
(d) Rs. 15,000
(e) None of these

Q2. Two-third of the boys and three-fourth of the girls of a school participate in a function. If the number of participating students is 550, out of which 150 are girls, what is the total number of students in the school?
(a) 500
(b) 550
(c) 600
(d) 750
(e) 800

Q3. Rupesh was thrice as old as Ravi 6 years back. He will be 5/3 times as old as Ravi 6 years hence. How old is Ravi today?
(a) 24 years
(b) 18 years
(c) 12 years
(d) Cannot be determined
(e) None of these

Q4. 3 buffaloes eat as much as 4 cows or 2 oxen. At a farm there are 15 buffaloes, 8 oxen and 24 cows. The fodder for these cattle is available for 24 days. If 8 more cows and 9 more buffaloes are brought in, how long will the fodder last?
(a) 20 days
(b) 18 days
(c) 16 days
(d) 21 days
(e) None of these

Q5. Ajay opened a shop investing Rs. 30000. Anju joined him 2 months later, investing Rs. 45000. They earned a profit of Rs. 54000 after completion of one year. What will be Anju’s share of profit?
(a) 28000
(b) 20000
(c) 31000
(d) 30500
(e) None of these

Q6. On sports day, if 30 children were made to stand in a column, 16 columns could be formed. If 24 children were made to stand in a column, how many columns could be formed?
(a) 20
(b) 21
(c) 22
(d) 18
(e) None of these

Q7. On a test consisting of 30 questions. Number of wrong answers is 50 percent less than number of right answers. Each answer was either right or wrong. What is the ratio of right answers to wrong answers?
(a) 3:2
(b) 4:1
(c) 5:1
(d) 2:1
(e) None of these

Q8. A and B invested the same capital in a business. At the year-end they share the profit in the ratio 3:2. If A has invested his capital for whole year, for how many months B has invested his capital?
(a) 6 months
(b) 8 months
(c) 9 months
(d) 5months
(e) None of these

Q9. Anshu and Brawn have incomes in the ratio 5:3. The expenses of Anshu, Brawn and Chen are in the ratio 8:5:3. To find the income of Anshu, which of the following information(s) is/are sufficient?
(A) Chen spends Rs. 2000
(B) Brawn saves Rs. 700
(C) Brawn spends Rs. 5000
(a) Only A and B together are sufficient
(b) Only B and C together are sufficient
(c) A, B and C together are necessary
(d) Either A and B together or C alone sufficient
(e) Either A and B together or B and C together are sufficient
          
Q10. Manish and Satish were in partnership business for several years. At the end of 1997, a profit of Rs. 35000 was made by the two. To find out the share of Manish which of the following statements is/are sufficient?
A. Manish invested Rs. 35000 at the beginning of the year 1997.
B. Satish withdrew his capital at the end of the month of July.
C. Satish get 1/5 of his investment as share in profits.
(a) A and B together are sufficient
(b) B and C together are sufficient
(c) A and C together are sufficient
(d) All the three even together are not  sufficient
(e) All the three together are necessary

Q11. What is the total profit made in the business?
A. Hari and Vijay invested Rs. 20,000 and Rs. 30,000 respectively in a business. These are the only investors in business.
B. They decided 75% of their profit should be divided equally.
C. The remaining profit is divided in the ratio of investment.
(a) A alone is sufficient
(b) A and B together are sufficient
(c) A and C together are sufficient
(d) All are necessary
(e) All the three even together are not sufficient

Q12. D, K and A can do a work in 5, 15 and 35 days respectively. They get an amount of Rs. 1054 for finishing the work working together. What is the share of K in that amount?
(a) Rs. 242
(b) Rs. 324
(c) Rs. 238
(d) Rs. 245
(e) None of these

Q13. The ratio of the rate of flow of water in pipes varies inversely as the square of the radius of the pipes. What is the ratio of the rates of flow in two pipes of diameters 2 cm and 4 cm?
(a) 1:2
(b) 2:1
(c) 1:8
(d) 4:1
(e) None of these

Q14. Half the girls and one-third of the boys of a college reside in the hostel. What fractional part of the student body is hostelries if the total number of girls in the college in 100 and is ¼ of the total strength?
(a) 2/5
(b) 5/12
(c) 1/5
(d) 3/8
(e) 2/7

Q15. Given that 24 carat gold is pure gold; 18 carat gold is 3/4 gold and 20 carat gold is 5/6 gold, the ratio of the pure gold in 18 carat gold to the pure gold in 20 carat gold is
(a) 5:8
(b) 9:10
(c) 15:24
(d) 8:5
(e) 9:11

SOLUTIONS

 

Quantitative Aptitude

Directions (1-5): In each question, one or more equation(s) is (are) provided. On the basis of these, you have to find out relation between p and q

Solutions (1-5):

 
 
 
 

Directions (6-10): In each question, one or more equation(s) is (are) provided. On the basis of these, you have to find out relation between x and y

Solutions (6-10):

Q11. A certain number of tennis balls were purchased for Rs 450. Five more balls could have been purchased for the same amount if each ball was cheaper by Rs 15. Find the number of balls purchased.

(a) 10

(b) 16

(c) 25

(d) 18

(e) 45

Q12. The sum of the squares of two numbers is 170. The difference between thrice the smaller number and the larger number is 10. Find the numbers.   

(a) 7 and 12

(b) 7 and 10

(c) 8 and 11

(d)  7 and 11

(e) None of these

Q13. The length of a rectangular filed is seven times its breadth. If the area of the filed be 252 m2, find its length.   

(a) 40m

(b) 45m

(c) 42m

(d) 43m

(e) 46m

Q14. A packet food costs Rs. 360. If the quantity was 6 kg more and per kg costs Rs 3 less, the total cost would remain unchanged. How much the packet contains?  

(a) 21

(b) 31

(c) 29

(d) 25

(e) 24

Q15. A cyclist covers a distance of 24 km in a certain time with a certain fixed uniform speed. If he increases his speed by 2 km/hour, he takes 2 hr less to cover the same distance. Find his original speed.  

(a) 8

(b) 5.5

(c) 4

(d) 5

(e) 6

QUANT

Directions (1-15): What approximate value should replace the question mark (?) in the following equations:  

(a) 2

(b) 1

(c) 4

(d) 1/4

(e) None of these 

(a) 37.407

(b) 34.307

(c) 37.470

(d) 34.707

(e) 37.737

(a) -175500

(b) 165500

(c) 0

(d) -174500

(e) -140055 

(a) 2

(b) 1.08

(c) 0.076 

(d) 0.987

(e) 1

 

(a) 15

(b) 16

(c) 25

(d) 3/5

(e) 2 1/3

(a) 4.18

(b) 4.41

(c) 425

(d) 433

(e) None 

(a)  1400

(b) 1750

(c) 1350

(d) 1200

(e) 1650 

(a) 16

(b) 10

(c) 18

(d) 20

(e) 15 

(a) 5800

(b) 6300

(c) 6200

(d) 6500

(e) 6000

(a) 121

(b) 117

(c) 125

(d) 114

(e) 130

S10. Ans.(a)

Sol. 208×7.5% + 424×25% = 121

(a) 11,000

(b) 11,500

(c) 10,000

(d) 10,800

(e) 12,000

S11. Ans.(c)

Sol. ? = 10450 + 5585 – 5965 = 10070 = 10000

(a) 5500

(b) 6300

(c) 49000

(d) 4700

(e) 68000 

S12. Ans.(b)

Sol. ? = 1120 + 3015 + 2150 = 6285 = 6300

(a) 45

(b) 53

(c) 65

(d) 60

(e) 40

S13. Ans.(b)

Sol. ? = 121 – 68 = 53

(a) 160

(b) 150

(c) 145

(d) 170

(e) 130

S14. Ans.(c)

Sol. ? = 90 + 56 = 146 = 145

(a) 220

(b) 245

(c) 235

(d) 250

(e) 230 

S15. Ans.(e)

Sol. 256+40-68 = 228

Banking Awareness

Q1. NPCI is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA). What does NPCI stands for-

(a) National Payments Corporation of Industry

(b) National Payments Council of India

(c) Nominal Payments Corporation of India

(d) National Payments Corporation of India

(e) National Product Corporation of India

S1. Ans.(d)

Sol. National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA).

Q2. In which among the following years NPCI was incorporated-

(a) December 2008

(b) January 2006

(c) April 2010

(d) July 2012

(e) None of the given options is true

S2. Ans.(a)
Sol. NPCI was incorporated in December 2008 and the Certificate of Commencement of Business was issued in April 2009. It was incorporated as a Section 25 company under Companies Act 1956 (now Section 8 of Companies Act 2013) and is aimed to operate for the benefit of all the member banks and their customers.

Q3. The Bank for International Settlements (BIS) is the world's oldest international financial organisation. BIS was established on-

(a) 26th May 1961

(b) 01st October 1949

(c) 14th February 1914

(d) 21st August 1945

(e) 17th May 1930

S3. Ans.(e)
Sol. Established on 17 May 1930, the Bank for International Settlements (BIS) is the world's oldest international financial organisation. The BIS has 60 member central banks, representing countries from around the world that together make up about 95% of world GDP.

Q4. Where is the head office of Bank for International Settlements (BIS)?

(a) Zurich, Switzerland

(b) New York, USA

(c) Basel, Switzerland

(d) Berlin, Germany

(e) Geneva, Switzerland

S4. Ans.(c)
Sol. Basel, Switzerland is the head office of Bank for International Settlements (BIS).

Q5. Under which act NPCI was incorporated as a Section 8?

(a) Banking Regulation Act, 1949

(b) Companies Act 2013

(c) Reserve Bank of India Act, 1934

(d) Societies Registration Act, 1860 

(e) None of the given options is true

S5. Ans.(b)
Sol. NPCI was incorporated as a Section 25 company under Companies Act 1956 (now Section 8 of Companies Act 2013) and is aimed to operate for the benefit of all the member banks and their customers.

Q6. PSLCs are tradable certificates issued against priority sector loans of banks. What does meaning of "Cs" in PSLCs?

(a) Cess

(b) Cities

(c) Census

(d) Certificates

(e) ) None of the given options is true

S6. Ans.(d)
Sol. PSLCs stands for Priority Sector Lending Certificates.

Q7. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from -

(a) 1995

(b) 1999

(c) 1990

(d) 1982

(e) 1988

S7. Ans.(a)
Sol. The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.

Q8. MTSS is a way of transferring personal remittances from abroad to beneficiaries in India. What does MTSS stand for-?

(a) Mobile Transfer Service Scheme 

(b) Money Transfer System Scheme 

(c) Money Timing Service Scheme 

(d) Market Transfer Service Scheme 

(e) Money Transfer Service Scheme

S8. Ans.(e)
Sol. Money Transfer Service Scheme (MTSS) are the most common arrangements under which the remittances are received into the country.

Q9. How much cash can payment be made to the beneficiary in India under MTSS? 

(a) Rs 2,00,000

(b) Rs 50,000

(c) Rs 1,00,000

(d) Rs 10,000

(e) ) None of the given options is true

S9. Ans.(b)
Sol. Amounts up to INR 50,000/- may be paid in cash to a beneficiary in India under MTSS.

Q10. RDA is a channel to receive cross-border remittances from overseas jurisdictions. What does meaning of "A" in RDA?

(a) Account

(b) Assembly

(c) Arrangement

(d) Association

(e) Amount

S10. Ans.(c)
Sol. RDA stands for Rupee Drawing Arrangement.

Q11. Under OLTAS, only a Single Copy Challan is used with a tear off the portion for the Tax Payer. What does OLTAS stand for-

(a) On-line Tax Accounting Service

(b) On-line Tax Amounting System

(c) On-line Timing Accounting System

(d) On-line Tax Association Service

(e) On-line Tax Accounting System

S11. Ans.(e)
Sol. Under On-line Tax Accounting System (OLTAS), only a Single Copy Challan is used with a tear off portion for the Tax Payer.

Q12. What is the minimum period of maturity prescribed for Commercial Paper (CP)?

(a) 17 Months

(b) 14 Days

(c) 01 Year

(d) 07 days

(e) 05 years

S12. Ans.(d)
Sol. Commercial Paper (CP) can be issued for maturities between a minimum of 7 days and a maximum of up to one year from the date of issue.

Q13. Which banks are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?

(a) Foreign Banks functioning in India

(b) Local Area Banks

(c) Regional Rural Banks

(d) All of the above

(e) ) None of the given options is true

S13. Ans.(d)
Sol. All commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC.

Q14. What is the maximum period of maturity prescribed for Commercial Paper (CP)?

(a) 10 years

(b) 06 years

(c) 01 Year

(d) 02 years

(e) 05 years

S14. Ans.(c)
Sol. Commercial Paper (CP) can be issued for maturities between a minimum of 7 days and a maximum of up to one year from the date of issue.

Q15. Each depositor in a bank is insured by DICGC up to a maximum of _____________________ for both principal and interest amount held by him in the same capacity and same right as on the date of liquidation/cancellation of bank's licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

(a) Rs.1,00,000 

(b) Rs.2,00,000 

(c) Rs.3,00,000 

(d) Rs.4,00,000 

(e) Rs.5,00,000

S15. Ans.(a)
Sol. Each depositor in a bank is insured upto a maximum of Rs.1,00,000 (Rupees One Lakh) for both principal and interest amount held by him in the same capacity and same right as on the date of liquidation/cancellation of bank's licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.