Sectional
Test for Bank Exams (Set  30)
ENGLISH
Directions (1 – 10): Read the following paragraph and answer the
questions asked below:
Finance
Minister Arun Jaitley, in his reply to the discussion on the Finance Bill, has
pointed again to the small direct tax base. Detailed tax data for 201213
showed that the picture has changed little from the 1990s, when only 1% of
Indians were in the direct tax net. Mr. Jaitley has presented data on the large
sums of money deposited into some bank accounts post the demonetisation of
November 8, 2016. The implication is that these may be black funds and they are
being tracked and the people behind them will be caught. The secretary of the
Income Tax Gazetted Officers Association has written to the Central Board of
Direct Taxes Chairperson that the top leadership has issued directions, at
times hourly, leading to confusion and indecision and to
spoiling the image of the tax department. Officers have exerted pressure
on taxpayers via email, SMS and summons. In spite of all this, apparently
little black income has been declared.
In
the Budget speech, the Finance Minister stated, “Deposits of more than Rs.80
lakh were made in 1.48 lakh accounts with average deposit size of Rs.3.31
crore… deposits between Rs.2 lakh and Rs.80 lakh were made in about 1.09 crore
accounts with an average deposit size of Rs.5.03 lakh.” These two add up to
about Rs.10 lakh crore. Thus, twothird of the total of Rs.15 lakh crore of old
notes returned to the banks were accounted for by 1.1 crore accounts. Even if
one or two lakh crores of this sum proves to be black (after years of litigation, etc.),
this would hardly dent the black economy generating Rs.93 lakh crore in 2016.
Many
businesses such as petrol stations and hospitals generate a lot of daily cash.
They were allowed to use old currency notes; every day, they would have
deposited lakhs of rupees, and over a month, crores. Businesses hold working
capital and cash in hand which, depending on the size of the business, could
be substantial. Mr. Jaitley has stated that there are “5.6
crore informal sector individual enterprises and firms doing small business”.
Such small businesses work mostly in cash and, therefore, may hold fairly large
sums of it. He has also said that there are 13.94 lakh registered companies as
of March 31, 2014. Of these, 5.97 lakh filed tax returns but 2.76 lakh of them
showed a loss or zero income. Companies not filing returns or running at a loss
or at zero profit also hold cash — to hire labour, buy inputs, spend on
overheads. The number of businesses mentioned by the Finance Minister and the
crores of farmers together could legitimately hold about Rs.9
lakh crore of cash in hand. The remaining Rs.8.5 lakh crore of currency in
circulation in October 2016 would have been with households.
The
government has said it would use ‘data mining’ to figure out whether the large
deposits in accounts are consistent with their declared incomes. This will be a
difficult exercise at best. Cash as working capital has to be distinguished
from cash as saving from income. Every household keeps some money for
daytoday requirements and for emergencies. The 26 crore Indian households
could hold about Rs.5.5 lakh crore for these purposes. The balance of the
currency in circulation, another Rs.3 lakh crore, could be held as black savings.
Since about four crore people generate substantial black incomes, the average
cash holding of this group would be Rs.75,000. Not a huge sum of money.
1. Which one is correct
regarding passage?
1. Mostly
Indians pay direct tax.
2. Very little
change in the percentage of direct taxpayers from 1990s.
3. In 1990s more
people used to pay direct tax than now.
A) Only 1
B) Only 2
C) Only 3
D) 1 And 2
E) 2 And 3
2. Top leadership played a
vital role in
1. Spoiling the
image of tax department.
2. Making a good
image of tax department by giving regular direction.
3. Getting huge
black income declared.
A) Only 1
B) Only 2
C) Only 3
D) 1 and 2
E) 2 and 3
3. According to the
author, which is false ?
1. The amount of
black money recovered is not an enough amount.
2. Business
which holds cash on daily basis can easily deposit crores of cash in account
which can be black money.
3. Small sector
holds their capital as cash so it can not be black money.
A) Only 1
B) Only 2
C) Only 3
D) 1 and 2
E) None of
these
4. Company showing loss
holds cash because
A) These
company doesn’t pay tax.
B) These
company give false information to save tax.
C) These
company are running only on papers for money laundering purpose
D) To spend
on overheads and labours and inputs.
E) None of
these
5. How would government
get to know about black money deposited in banks?
A) Government
will see the all accounts with large deposits.
B) Government
will use data mining to see all accounts with large cah deposit and their
consistency.
C) Government
will distinguish between cash as working capital cash as saving.
D) Government
will consider all money which is not stated earlier as black money.
E) None of
these
6. Choose the word/group
of words which is MOST SIMILAR in meaning to the word/group of words printed in
bold as used in the passage. LEGITIMATELY
A) Illegally
B) Unfairly
C) lawfully
D) Unethically
E) None of
these
Directions (7 – 10): Choose
the word/group of words which is MOST OPPOSITE in meaning of the word/group of
words printed in bold as used in the passage.
7. LITIGATION
A) Legal
action
B) Lawsuit
C) Prosecution
D) Trial
E) None of
these
8. EXERTED
A) Applied
B) Exercised
C) Used
D) Ignored
E) None of
these
9. SUBSTANTIAL
A) Worthless
B) Considerable
C) Notable
D) Important
E) None of these
10. INDECISION
A) Irresolution
B) Hesitancy
C) Uncertainty
D) Decision
E) None of
these
Answers with Explanations:
1. B) In 1990s there were 1% direct
taxpayers which is almost same with 201213 data.
2. A) By changing norms and
guidelines regularly it spoil the image of tax department.
3. C) Cash to the small business
may or may not be black money because author have not mentioned about that.
4. D) According to April 2017 – June
2017
5. B) Government will use data
mining to see whether there is black money or not.
6. C) Legitimately means which is in
law.
7. E) Litigation means legal
process.
8. D) Exerted means to make use of
9. A) Substantial means something
which is important.
10. D) Indecision means not to take
decision.
QUANTITATIVE APTITUDE
1. A can do a piece of
work in 18 days and B can do the same work in 12 days. A and B starts the work
together but after 3 days B leave the job and C join with A. A and C complete
the remaining works in 3 days. If for complete work Rs 24000 has been given, then
what amount is received by C?
A) Rs.12000
B) Rs.9000
C) Rs.10000
D) Rs.8000
E) Rs.14000
2. Ananya bought a bag
with an additional 20% discount on the reduced price after deducting 10% on the
labelled price. If the labelled price was Rs.1600, at what price did she
purchase the bag?
A) Rs.1242
B) Rs.1152
C) Rs.1008
D) Rs.1120
E) Rs.1336
3. In a 100m race A beats
B by 10m and in a 300m race B beats C by 75m.If A beats C by 10sec in the 100m
race, then what is the area of the circle in m2 along which C completes 1 round
in 100sec?(approximate value)
A) 8400
B) 8401
C) 8433
D) 8440
E) 8460
4. Priya driving his car
at a speed of 45 km/hrs reaches her college 14 minute late. Next time she
increase her speed by 5 km/hrs but finds that she is still late by 8 minutes.
What is the distance of her college from her house?
A) 50km
B) 54km
C) 60km
D) 48km
E) 45km
5. In a bag there are 4
gold bands, 5 silver bands and 6 iron bands. 3 bands are drawn one by one. If
the first band comes out to be of Gold, then 6 more gold bands are added to
bag. After the 2nd draw no new bands are added. Find the probability that all
the 3 bands drawn are of gold bands.
A) 9/19
B) 25/19
C) 451/475
D) 24/475
E) 12/225
Directions (6 – 10): Study the following information carefully to answer
the given questions
A
survey was conducted on 50 persons regarding their hobbies. Each person had at
least one hobby among Singing, Dancing and Gambling. No person had a hobby other
than these three hobbies.
The
further information is conveyed in the table:
Exactly 3 hobbies

4

Exactly 2 hobbies

18

Exactly 1 hobby

28

Further,
it is also known that
Atleast
18 people have Gambling as their hobby. At most 11 people have Dancing and
Singing as their hobby.
6. If the number of persons who have Singing and Dancing as their hobby
is the same as the number of persons who have only Gambling as their hobby,
what is the maximum number of persons who have Singing as their hobby?
A) 44
B) 45
C) 46
D) 47
E) 48
7. If the number of
persons who have only Dancing as their hobby is the same as the number of
persons who have exactly two hobbies, which of the following can be the number
of persons who have only Singing as their hobby?
A) 25
B) 17
C) 11
D) 5
E) None of
these
8. If at least 14 people have Singing as their hobby, then the number of
people who have Dancing as their hobby is at most
A) 42
B) 43
C) 44
D) 45
E) 47
9. If at least 12 people have Singing as their hobby, then the number of
people who have Dancing as their hobby is at most
A) 48
B) 47
C) 46
D) 45
E) 44
10. If at least 13 people have Singing as their
hobby, then the number of people who have Dancing as their hobby is at most
A) 42
B) 43
C) 44
D) 45
E) 46
Solutions:
1. C) A
do the work for 3 days + 3 days = 6 days, B work for 3 days and C work for 3
days.
6/18 + 3/12 +
3/C = 1 => 3/C = 1 – 1/3 – 1/4
Three days’
work of C =3/C = (12 – 4 – 3)/12 = 5/12
Ratio of
share A : B : C = 6/18 : 3/12: 5/12 (money divided according work
done by them)
=12:9:15=4:3:5
Share of
C = 5/12 × 24000 = 10000
2. B) Labelled price = Rs.1600
As, the
reduced price is 10% lower than the labelled price, reduced price = 90% of 1600
= Rs.1440
Now, the price
at which Ananya bought it is 20% lower than the reduced price, the selling
price = 80% of 1440 = Rs.1152
3. B) A/B=100/90 also B/C=100/75 then A/C=40/27
So in a race
of 40m A beats C by 13m
In a race of
100m A beats C by 32.5m
So C covers
32.5m in 10 sec. speed of C=3.25m/sec
Perimeter of
circle=3.25*100=325m
Area=325^2/4π =
8401(approximately)
4. E) We know the formula, d = [(t1 – t2)/60] × [S1S2/(S2 – S1)]
=> d = [(14
– 8)/60] × [45 × 50/(50 – 45)] = 1/10 × 45 × 10 = 45km
5. D) Total bands initially in the bag = 4 + 5 + 6 = 15
There are 4
gold bands
If on first
draw, gold band comes out then 6 more gold bands are added
∴The probability of gold
band on first draw = 4/15
⇒Due to withdraw of one
gold band now there are only 3 gold bands is left.
Also, there is
no replacement done so, total number of bands becomes 14.
After adding 6
new gold bands, total number of bands becomes = 14 + 6 = 20
And total
number of gold bands = 3 + 6 = 9
Now, if on the
2nd draw, Gold band is drawn then
∴The probability of gold
band on 2nd draw = 9/20
As there is no
replacement done so, total number of bands becomes 19
And total
number of gold bands = 9 – 1= 8
Now, if on the
3rd draw, Gold band is drawn then
∴The probability of gold
band on 3rd draw = 8/19
⇒Final probability if on
both the draws gold band is drawn = 4/15 × 9/20 × 8/19 = 24/475
Hence, 24/475
is the probability of all the 3 bands drawn are of gold bands.
(6 – 10):
a+b+c=28
d+e+f=18
g=4
e+g+f+c>=18
therefore,
e+f+c>=14(g=4)
d+g<=11
therefore
d<=7(g=4)
d+e+f=18
therefore
11<=e+f<=18(d<=7) According to Question D+g=c, d+4=c, d=c4 Therefore
c>=4
6. C) This sum (a+d+g+e) should be maximum
singing as hobby
G
is already given as 4
D+e+f=18(max
value)
D+e=18(consider
f as 0)
Now
to maximize a
A+b+c=28
A=24(b=0,c=4)
Therefore
a+d+e+g=24+18+4=46
7. D)
8. A) a+d+g+e>=14
a+d+e>=10
d
can be max 7
a+e
will be atleast 3.
E+c+f>=14
E=3
then f can be at least 7 as C can be at least 4
Therefore
b max=24
Max
people =b+d+f+g=24+7+7+4=42
9. E) a+d+g+e>=12
a+d+e>=8
d
can be max 7
a+e
will be atleast 1.
E+c+f>=14
E=1
then f can be at least 9
C
can be at least 4
Therefore
b max=24
Max
people =b+d+f+g=24+7+9+4=44
10. D)
REASONING
Directions (1 – 5): Answer
the questions on the basis of the information given below.
8
people – Bhanu, Himanshu, Bhuvan, Sheena, Amit, Nisha, Raina and Sahil lives on
different floors of a building (numbered 1 to 8), but not necessarily in the
same order. They earn different salaries.
The
one who lives on 5th floor earns Rs11,000. There are two floors between the one
who earns Rs11,000 and on which Raina lives. Sheena earns Rs2,000 more than
Raina. There are 3 floors between the floors of Raina and Bhanu. The one who
earns Rs20,000 lives just above Bhanu. Himanshu lives on odd numbered floor but
somewhere below the one who earns Rs11,000. Two persons live between Himanshu
and the one who earns Rs28,000. Three persons live between Sheena and the one
who earns Rs14,000. Sheena lives above the one who earns Rs14,000. Two persons
live between Sahil and Bhuvan. One of Sahil or Bhuvan earns Rs14,000. Nisha
lives above Sheena but not on top floor. Three persons live between Amit and
the one who earns Rs17,000. The total salary of Bhuvan and Amit is Rs39,000.
Amit earns more than twice the salary of Sheena. One person earns Rs33,000.
1. Who lives on 4th floor?
A) Amit
B) Sahil
C) Bhanu
D) Bhuvan
E) Sheena
2. Who earns Rs 17,000?
A) Bhuvan
B) Himanshu
C) Nisha
D) Sahil
E) Sheena
3. How many people live
between Nisha and the one who earns Rs33,000?
A) Five
B) None
C) Four
D) One
E) Three
4. What is the total
salary of Bhuvan and Nisha?
A) Rs45,000
B) Rs34,000
C) Rs36,000
D) Rs31,000
E) Rs41,000
5. Who lives on top floor?
A) Amit
B) Bhanu
C) Bhuvan
D) Himanshu
E) Sheena
Directions (6 – 10): Study
the following arrangement and answer questions given:
E 3 * L J 8 #
R 1 4 % S A δ 6 K 9 M $ X 7 β B Z @ 2 L
6. How many such symbols
are there which is immediately followed by number and immediately followed by
letter?
A) Four
B) Two
C) None
D) One
E) Three
7. How many such numbers
are there in the above arrangement each of which is immediately preceded by a
symbol and immediately followed by a letter ?
A) None
B) One
C) Two
D) Three
E) More than
three
8. Complete the series: K9
X δ6M SAK
?
A) %AX
B) 4%A
C) SA%
D) 4%δ
E) None of
these
9. If all the numbers are
dropped from the above sequence, then which element is eleventh from the right
end?
A) M
B) %
C) S
D) δ
E) A
10. Four of the five are
alike in a certain way based on arrangement, which does not belong to the
group?
A) LJ*
B) SA%
C) K96
D) M9$
E) BZβ
Solutions:
(1 – 5):
Floor

Person

Salary

8

Amith

25000

7

Nisha

20000

6

Bhanu

28000

5

Sheena

11000

4

Sahil

17000

3

Himanshu

33000

2

Raina

9000

1

Bhuvan

14000

1. B)
2. D) 3. E) 4. D)
5. A)
6. B) A δ 6 and Z @ 2
7. C) δ 6 K, @ 2 L
8. D)
9. E) The series becomes: E * L J #
R % S A δ K M $ X β B Z @ L
10. D)