Sectional Test for Bank Exams (Set - 15)

Mentor for Bank Exams
Sectional Test for Bank Exams (Set - 15)
Directions (1 – 5): In each of the following questions a short passage is given with one of the lines in the passage missing and represented by a blank. Select the best out of the five answer choices given, to make the passage complete and coherent.
1. In a big relief to people and small businesses, RBI announced lifting of restrictions on daily withdrawal of money from ATMs. However the weekly limit of Rs 24,000 on savings bank accounts will continue. (………………………………………………………………………………………. RBI has also removed all limits on cash withdrawals from current accounts/ cash credit accounts/ overdraft accounts with immediate effect. Government and RBI had imposed limits on withdrawal of money from ATMs and bank branches in view of currency shortage following demonetisation.

A) Reserve Bank had earlier put a ban on notes of Rs 500 and Rs 1000
B) Government of India plans to ease the process.
C) The Reserve Bank also promised to review the weekly limit in the near future depending on the pace of remonetisation.
D) It must be ensured that no bank can bypass this limit.
E) Bank play an important role in remonetisation process
2. The Union government has announced that this year onwards it is discontinuing the practice of providing printed copies of the annual Economic Survey and the Budget to the media and the public. As such, only the 788 members of Parliament will receive copies of these documents. (……………………………………………………………………………………………………)At one level, it is true that both the Economic Survey as well as the Budget are fairly technical documents and experts can easily access them from the government website for analysis.
A) Budget is an important document and should be presented fairly every time.
B) Economic Survey should continue as it gives a chance for fair and proper development.
C) Rest of the members cannot take part in budget presentation function.
D) Such a move will highly impact the general public as it will reduce the transparency of the process.
E) The trigger for the government is its attempt to go green and, to that extent, it is a welcome move.
3. The recent announcement by Guy Standing, that India would soon endorse a universal basic income (UBI) comes as a big shocker. The Independent, further reports that Standing who has worked on several UBI pilot projects in India is very confident of its success, especially since, Finland has already started the experiment with 2,000 unemployed people, each receiving 560 euros (or $480) each month for two years with little or no pre-conditions. (………………………………………………………………)However, UBI as a concept has been barely researched, and such drastic step, with little proof of concept, may likely prove disastrous in emerging markets such as India.
A) Even though UBI is not well researched it should be studied thoroughly before it is implemented.
B) The Finnish government believes that this step would improve the quality of life, reduce employment, and, create more jobs.
C) Whenever a project is implemented in one country, should be implemented in other countries too.
D) The government of Finland has already completed this project and now its time for India to implement it.
E) Basic deposit facility must be ensured for every person of the country so its good to implement the project.
4. With the taxman putting out a request for private sector entities to help analyse the reams of data collected as part of the demonetisation exercise, there is the fear that confidential tax data can now get leaked and be used illegally. The government will obviously have to ensure there are no data leaks. (…………………………………………………………………………………) Despite this, the data doesn’t leak for two important reasons. One, just as the taxman who handles data is bound by secrecy rules and a code of conduct, private sector vendors and their employees are bound by confidentiality clauses and the law of the land for breaching this. Two, the processor does not necessarily know the identity of the person/organisation whose information is being processed.
A) The government has always ensured that the data doesn’t leaks and is always in safe hand.
B) The government’s move to include private players in data analysis has been highly criticized by the opposition.
C) It has to be kept in mind that, even today, there are several private sector players who assist the taxman in both analysing and processing tax data.
D) But to improve the quality of data analysis of tax, it is important to include private sector.
E) Data leaks cannot be fully restricted, but this should not stop the government from including private sector in tax data analysis as this will improve efficiency.
5. On his first day in office, President Donald Trump withdrew America from a mega-free trade agreement called the Trans Pacific Partnership (TPP.  India must work double hard to strengthen the World Trade Organization and its multilateral framework, which is also likely to come under attack from new protectionism in the US. India should also pursue other trade deals, like the Asean plus six Regional Comprehensive Economic Partnership (RCEP.  (……………………………………………………………………………)
A) Now as the helm is in the hands of Trump, it is now more important to keep a distance from WTO.
B) TPP has been a major success with the coming of Trump.
C) However, such trade deals are no substitute for a strong, rule-based multilateral framework, which the WTO represents.
D) Leaving Asean and RCEP, India can avoid relation with other organization as they are of very little importance.
E) President Donald Trump has acquired an image of a strict President by ruling out any option of foreign trade.
Directions (6 – 10): In each of the following questions, a word has been used in sentences in four different ways. Choose the option corresponding to the sentence in which the usage of the word is INCORRECT or INAPPROPRIATE.
6. Private
A) I must speak to you in private.
B) Vivek used to be a private investigator in Mumbai.
C) Astha couldn’t afford to pay for a private room at the hospital.
D) Amit went private along with his business so as to make it a big success.
E) All are correct
7. Serve
A) He served as a chairman for three years.
B) This box will serve with a table.
C) It serves you right.
D) Rohit loves coming here since he thinks this place serves the only fast food worth eating.
E) All are correct
8. Boundary
A) The police station marks the boundary between the two localities.
B) Virat pushed the ball inside the boundary rope while being in the air and took a stunning catch to dismiss the batsman.
C) The boundary formed when two old friends meet after a long time is worth watching.
D) We try to explain things across cultures; in spite of boundaries.
E) All are correct
9. Approve
A) The team approved with his proposal.
B) My parents don’t approve of me staying out after midnight.
C) I don’t approve of what Vineet has done.
D) The new drug is awaiting approval by the government agency before it can be prescribed.
E) All are correct
10. Confirm
A) Everest was not confirmed as the highest mountain peak on earth until 1863.
B) A biopsy is needed to confirming whether she actually has cancer or not.
C) I’d like to confirm our reservations.
D) The report has yet to be confirmed.
E) All are correct
1. C)   2. E)   3. B)   4. C)   5. C)   6. D)   7. B) 8. C)   9. A)   10. B)  
1. By seeing the next line after the blank, i.e RBI has also removed all limits on cash, we get a hint that the last statement talks about removing of certain restriction. Hence Option C suits the best.
2. Option E suits the best as it gives the impact of the new announcement. Option A and B are vague. Option C is not a feasible measure. Option D is wrong because even if less number of copies will be printed the copy of budget will be available on the website as said in the last statement.
3. Option A just repeats the next statement so it is not correct. Option C is a vague statement and is not true in every case. Option D is wrong because in the previous statement it has been already mentioned that Finland has started the pilot project. Option E states something about Basic deposit scheme which is not related to the passage which talks about Basic Income project. Option B is correct as it explains the thinking of Finland Government.
4. As the next statement states that “Despite this the data doesn’t leaks” hence the blank statement should be related to something that there are already private players in this field. Hence Option C is best.
5. Option C is the only option that fits the blank. Option A is vague as there is no reason for keeping distance from WTO, whoever be the President of The US. Option B is also vague. Option D is wrong as it says an illogical thing. Option E is not related to the passage as it talks about the image of Trump and foreign trade.
Directions (1 – 5): What value should come in the place of question mark (?) in the following equations:
1. 3 1/3 ÷ 6 3/7 x 1 1/2 x 22/7 = ?
a) 4.4
b) 22/7
c) 5/22
d) 40.5
e) 22/9
2.  40.83 x 1.02 x 1.2 = ?
a) 49.97592
b) 41.64660
c) 58.7952
d) 42.479532
e) 56.5638
3.  [(144)2 ÷ 48 x 18] ÷ 36 = ?
a) 23328
b) 36
c) 216
d) 46656
e) None of these
4.  (23.16% of 1254) (16.6% of 834)
a) 159.5
b) 157.5
c) 155.5
d) 153.5
e) 162.7
5.  3/8 of 168 x 15 ÷ 5 + ? = 549 ÷ 9 + 235
a) 189
b) 107
c) 174
d) 296
e) 326
Directions (6 – 10): What approximate value will come in the place of question mark (?) in the following equations:
6.  25.05 x 123.95 + 388.99 x 15.001 = ?
a) 900
b) 8950
c) 8935
d) 8975
e) 8995
7.  783.559 + 49.0937 x 31.679 58.591 = ?
a) 26600
b) 5000
c) 12800
d) 2550
e) 2280
8.  (755 % of 523) ÷ 777 = ?
a) 5
b) 12
c) 19
d) 26
e) 29
9.  158.25 x 4.6 +21 % of 847 +? = 950.93
a) 35
b) 40
c) 25
d) 50
e) 45
10.  25.05 % of 2845 + 14.95 x 2400 = ?
a) 36700
b) 36500
c) 35800
d) 35600
e) 36200
1) e   2) a    3) d    4) b     5) e    6) c    7) e     8) c     9) b    10) a
1. E) 3 1/3 ÷ 6 3/7 x 1 1/2 x 22/7 = ?
     = 10/3 ÷ 45/7 x 3/2 x 22/7
     = 10/3 x 7/45 x 3/2 x 22/7
     = 22/9
2. A) 40.83 x 1.02 x 1.2 = ?
    = (40.83 + 0.8166) x 1.2
    = 41.6466 x 1.2 = 49.97592
3. D) [(144)2 ÷ 48 x 18] ÷ 36 = ?
   = [144 x 144 x18 / 48 x 36]2
    = (216)2   = 46656
4. B) (23.16% of 1254) (16.6% of 834)
    =295.944-138.444 = 157.5
5. E) 3/8 of 168 x 15 ÷ 5 + ? = 549 ÷ 9 + 235
   = 3/8 x 168 x15 x 1/5 + ? = 549 x 1/9 + 235
    = 3 x 21 x 3 + ? = 61 + 235
    = 296 189 = 107
6. C) 25.05 x 123.95 + 388.99 x 15.001
 =25 x 124 + 389 x 15   = 3100 + 5835 =8935
7. E) 783.559 + 49.0937 x 31.679 58.591 = ?
   = 783.559 + 1555.239322 58.591  2280(approx)
   = 2280.207322  
8. C) (755 % of 523) ÷ 777 = ?
     = 3948.65/777
=5.08    5(approx)
10. A) 25.05 % of 2845 + 14.95 x 2400 = ?
       25/100 x 2845 + 15 x 240
       711.25 + 36000
       36711.25 36700 
Directions (1 – 5): Read the following information and answer the questions given below:
Six persons A, B, C, D, E and F are sitting around a round table facing towards the centre of the table in a restaurant. They have ordered for different items (Pizza, Strawberry, Vanilla, Burger, Pastries and Patties) as their lunch. They are wearing T-shirts of different colours, i.e. white, black, green, red, yellow and blue. Order of items for the lunch and colours of T-shirts are not necessarily according to the order of their names.
I. The persons who have ordered for Pizza, Vanilla and Pastries are neither in white T-shirt nor in black.
II. The persons who are in green and yellow T-shirts have neither ordered for Pizza nor for Vanilla.
III. A is neither in white T-shirt nor on the immediate left of the person who has ordered for Burger.
IV. The only person who is between E and F eats Strawberry. The person who is on the left side of the person in white T-shirt does not eat Patties.
V. D has ordered for Burger and the colour of his T-shirt is green. He is facing the person who has ordered for Strawberry.
VI. One who has ordered for Pizza is seated opposite to the person wearing blue T-shirt, while the person whose T-shirt is of green colour is on the left of the person who has ordered for Pastries.
VII. One who has ordered for Patties is on the immediate right of the person in white T-shirt but on the immediate left of the person who has ordered for Vanilla.
VIII. C has not ordered for Vanilla while F has ram ordered for Pizza.
1. Who among the following is in white T-shirt?
a) A
b) B
c) C
d) E
e) None of these
2. The only person, who is between E and P, la wearing T-shirt of the colour
a) red          
b) blue         
c) black        
d) yellow
e) None of these
3. Who among the following has ordered for Pastries?
a) A
b) B
c) C
d) E
e) None of these
4. Which of the following is correctly matched?
a) A - Yellow - Burger    
b) B - Red - Vanilla    
c) E - Red - Pizza
d) F - Black Pastries
e) None of these
5. The colour of the T-shirt of the person, who has ordered for patties, is
a) Red         
b) Yellow     
c) Blue         
d) Black
e) None of these
Directions (6 – 10): Answer these questions based on the following information.
Mr.Bankatlal acted as a judge for the beauty contest. There were four participants, they are Ms.Andhra Pradesh, Ms. Uttar Pradesh, Ms. West Bengal and Ms. Maharashtra. Mrs.Bankatlal who was  very anxious about the result asked him about it as soon as he was back home, Mr. Bankatlal just, told that the one who was wearing the yellow saree won the contest, When Mrs. Bankatlal pressed for further details, he elaborated as follows :
I. All of them were flitting in a row.
II. All of them were wore sarees  of different colours viz., green, yellow, white, red.
III. There was only one runner-up and she was sitting beside Ms. Maharashtra.
IV. The runner- up was wearing the green saree.
V. Ms.West Bengal was not sitting at the ends and was not the runner-up.
VI. The winner and the runner-up are not sitting adjacent to each other.
VII. Ms. Maharashtra was wearing white saree.
VIII. Ms.Andhra Pradesh was not wearing the green scree.
IX. Participants wearing yellow saree and white saree were at the ends.
6. Which saree was worn by Ms. Andhra Pradesh?
a) White       
b) Green      
c) Red          
d) Yellow     
e) Data inadequate
7. Who wore the red saree ?
a) Ms. Maharashtra            
b) Ms. Uttar Pradesh         
c) Ms. Andhra Pradesh     
d) Ms. West Bengal          
e) Either Ms. Maharashtra or Ms. Uttar Pradesh
8. Ms. West Bengal was sitting adjacent to
a) Ms. Uttar Pradesh only            
b) Ms. Andhra Pradesh and Ms. Uttar Pradesh
c) Ms. Uttar Pradesh and Ms. Maharashtra      
d) Ms. Andhra Pradesh and Ms. Maharashtra    
e) Ms. Uttar Pradesh and Ms. Andhra Pradesh
9. Who was the runner-up?
a) Ms. Maharashtra           
b) Ms. Uttar Pradesh         
c) Ms. Andhra Pradesh
d) Ms. West Bengal          
e) Either Ms. Maharashtra or Ms. Uttar Pradesh
10. The person who wore white saree sitting adjacent to which of the following persons
a) Ms. Uttar Pradesh        
b) Ms. Andhra Pradesh     
c) Ms. West Bengal
d) Data Inadequate            
e) Ms. Maharashtra
1)c   2)d    3)a    4)c     5)d    6)d    7)d     8)b     9)b    10)a
(1 – 5):
(6 – 10):
Ms Maharashtra
Ms. Uttar Pradesh
Ms. West Bengal
Ms. Andhra Pradesh

(Runner – up)