Most Important Reasoning Questions for IBPS RRB PO and Clerk Mains 2017

Directions (1-5): Study the information and answer the given questions:

Eight persons A, B, C, D, E, F, G, and H are sitting in a straight line but not necessarily in the same order. Some of them are facing north while some are facing south. All of them like different car viz. Audi, Tata, Ford, Renault, Honda, Maruti, Datsun and Mahindra but not necessarily in the same order. The following information is known about them.

A sits fourth to right of the person who likes Mahindra car. H likes Datsun car and sits second to right of A. There are two persons sit between H and G, who likes Maruti car. One of immediate neighbor of G sits extreme end. There are four persons sit between A and F, who likes Honda car. Immediate neighbor of G faces opposite direction (opposite direction means if one neighbor of G faces north then other neighbor of G faces south and vice-versa). E likes Renault car and does not sit adjacent to H. The person who likes Tata car sits second to right of G. A does not like Audi car. The persons who sits on the extreme ends of the line faces opposite direction (Faces opposite direction means if one friend faces north then other friend faces south and vice-versa). B sits immediate left of C. The one who likes Tata car sits immediate right of H who faces south direction. C and D face same direction.

Q1. A likes which of the following car?

(a) Renault

(b) Maruti

(c) Tata

(d) Ford

(e) Datsun

Q2. How many persons face north direction?

(a) two

(b) four

(c) three

(d) five

(e) None of these

Q3. Who among following sits fifth to right of G?

(a) D

(b) H

(c) C

(d) B

(e) F

Q4. Who among following likes Audi car?

(a) D

(b) H

(c) C

(d) B

(e) F

Q5. If F is related to Audi and A is related to Renault, in the same way H is related to?

(a) Ford

(b)Renault

(c) Honda

(d) Tata

(e) Mahindra

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

Seven people P, Q, R, S, T, U and V live on separate floors of a 7-floor building. Ground floor is numbered 1, first floor is numbered 2 and so on until the topmost floor is numbered 7. Each one of them belongs to different countries viz. France, Japan, China, Fiji, Qatar, Germany and Australia but not necessarily in the same order. Only three people live above the floor on which P lives. Only one person lives between P and the one belongs to Germany. U lives immediately below the one who belongs to Japan. The one belongs to Japan lives on an even-numbered floor. Only three people live between the one who belongs to Germany and the one who belongs to China. T lives immediately above R. T does not belong to China. Only two people live between Q and the one who belongs to Qatar. The one who belongs to Qatar live below the floor on which Q lives. The one who belongs to France does not live immediately above or immediately below the floor on which Q lives. S does not live immediately above or immediately below the floor on which P lives. V does not belong to Fiji.

Q6. Which of the following is true with respect to V as per the given information?

(a) The one who lives immediately below V, belong to Japan.

(b) V lives on floor no. 7.

(c) V lives immediately below T.

(d) V lives on the lowermost floor.

(e) V belongs to Germany.

Q7. Who among the following lives on floor no. 3?

(a) The one who belongs to Fiji

(b) The one who belongs to Qatar

(c) R

(d) V

(e) T

Q8. Who lives on the floor immediately above T?

(a) P

(b) Q

(c) S

(d) V

(e) U

Q9. S belongs to which of the following Country?

(a) Japan

(b) Germany

(c) China

(d) Qatar

(e) Fiji

Q10. How many people live between the floors on which S and the one who belongs to Japan?

(a) None

(b) Two

(c) One

(d) More than three

(e) Three

Directions (11-12): In the questions below are given some conclusions followed by five set of statements. You have to choose the correct set of statements that logically satisfies given conclusions either definitely or possibly. Assume the given statements to be true even if they seem to be at variance from commonly known facts.

Q11. Conclusions: All dog is cat. No horse is boy.

Statements:

(a) All horse is rat. No rat is boy. Some boy is cat. All cat is dog. Some dog is elephant.

(b) All rat is elephant. Some elephant is cat. Some cat is boy. All boy is dog. No dog is horse.

(c) All dog is boy. All boy is cat. Some horse is elephant. All elephant is rat. No horse is cat.

(d) Some rat is elephant. All elephant is boy. Some boy is horse. No horse is cat. All cat is dog.

(e) None of these.

Q12. Conclusions: Some train is bus. No station is platform.

Statements:

(a) Some queen is train. No train is station. All bus is station. Some station is platform. All platform is road.

(b) All queen is station. All platform is train. Some train is bus. All bus is road. No station is train.

(c) Some queen is train. All train is road. No road is platform. Some platform is bus. No bus is station.

(d) Some queen is train. No train is bus. No bus is road. Some road is station. All station is platform.

(e) None of these.

Directions (13-15): In each of the questions below is given four statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with 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.

Q13. Statements: 

Some village is street.

All street is block.

No block is city.

All city is state.

Conclusions:

I. Some village is block.

II. No street is city.

III. No block is state.

(a) Only I and II follow

(b) Only I and III follow

(c) Only II and III follow

(d) All I, II and III follow

(e) None of these

Q14. Statements: 

Some election are important.

Some important is corrupt.

All corrupt is politician.

Some politician is criminal.

Conclusions:

I. Some election is criminal.

II. Some important is criminal.

III. Some election is politician.

(a) Only I and II follow

(b) Only II and III follow

(c) Only I and III follow

(d) All, I, II and III follow

(e) None is true.

Q15. Statements: 

Some holy is festiwal.

Some festiwal is enjoyment.

Some enjoyment is colourful.

Some colourful is happiness.

Conclusions:

I. Some holy is happiness

II. Some festiwal is colourful

III. Some enjoyment is happiness.

(a) None follows

(b) Only I follows

(c) Only II follows

(d) Only III follows

(e) Only II and III follow

Quantitative Aptitude Questions for IBPS RRB PO and Clerk Mains 2017

Quantitative Aptitude Questions for IBPS Exam

Quantitative Aptitude is a very important section you must prepare if you are aiming for a job in Bank or Insurance sector. These two weeks are very important as IBPS RRB PO and IBPS RRB Clerk Mains are lined up. So, these 15 questions can help you practice three very important topics of Quant Section.

Directions (1-5): For the two given equations I and II give answer-

(a) If p is greater than q

(b) If p is smaller than q

(c) If p is equal to q or no relation between p and q can be established

(d) If p is either equal to or greater than q

(e) If p is either equal to or smaller than q

Q6. Weight of two persons A and B are in the ratio of 3 : 5. A’s weight increases by 20% and the total weight of A and B together becomes 80 kg, with an increase of 25%. By what percent did the weight of B increase? 

(a) 28%

(b) 22%

(c) 58%

(d) 18%

(e) None of these

Q7. The ratio of the prices of two houses A and B was 4 : 5 last year. This year, the price of A is increased by 25 percent and that of B by Rs. 50,000. If their prices are now in the ratio 9 : 10, the price of A last year was: 

(a) Rs. 3,60,000

(b) Rs. 4,50,000

(c) Rs. 4,80,000

(d) Rs. 5,00,000

(e) None of the above

Q8. A man borrows Rs. 6000 at 10% compound rate of interest. He pays back Rs. 2000 at the end of each year to clear his debt. The amount that he should pay to clear all his dues at the end of third year is:

(a) Rs. 6000

(b) Rs. 3366

(c) Rs. 3060

(d) Rs. 3066

(e) None of these

Q9. A vessel contains a mixture of liquid A and liquid B in the ratio 3 : 2. Five litres of mixture are taken out and replaced by liquid B. Thereafter, the ratio of liquid A and liquid B becomes 2 : 3. Find the quantity of liquid A in the mixture initially.

(a) 1 Ltr.

(b) 2 Ltr

(c) 9 Ltr

(d) 4 Ltr

(e) 5 Ltr

Q10. A man purchased 120 laptop tables at the rate of Rs. 80 per table. He spent Rs 280 on transportation, paid tax at the rate of 40 paise per table and paid Rs 72 to the coolie. If he wants to have a gain of 8%, the selling price per table must be (in Rs)

(a) 80

(b) 70

(c) 90

(d) 85

(e) None of the above

Direction (Q11-15): Study the following line graph carefully to answer the questions based on it.

The graph shows the amount lent by Mohit and Arunoday to six persons.

Q11. What is the difference between the average amount lent out by Arunoday and Mohit?

(a) Rs 1530

(b) Rs 1350

(c) Rs 1050

(d) Rs 1320

(e) None of these

Q12. What is the interest earned by Arunday from Abishek and Shailesh if he lent them money at 10% and 11% p.a. respectively, interest being compound annually for 2 years?

(a) Rs 6435

(b) Rs 6345.88

(c) Rs 6435.88

(d) Rs 6453.88

(e) None of these

Q13. Babu returned Rs 16633.4 to Arunday after 2 years. Find the rate pcpa at which he borrowed the amount at compound interest compounded annually?

(a) 19%

(b) 12%

(c) 10%

(d) 9%

(e) 8%

Q14. If Saket borrowed same amount as Babu from Arunday at same rate of interest for 3 years at simple interest while Babu borrowed at compound interest compounded annually at same rate and time period If the difference between their interest is Rs 992.25 then find the rate pcpa.

(a) 15%

(b) 10%

(c) 5%

(d) 12%

(e) None of these

Q15. Find the amount earned by Mohit by lending money to given persons at 10% pa in 1 year?

(a) Rs 7235

(b) Rs 7330

(c) Rs 7230

(d) Rs 7320

(e) None of these

Banking Awareness

Q1. Borrower’s ability to meet the immediate liabilities is indicated by?

(a) Current Ratio

(b) Acid Test Ratio

(c) Debt Equity Ratio

(d) All of the above

(e) None of the above

Q2. Branches receive Potential Linked Plan through?

(a) Block Level Banker’s Committee

(b) State Level Banker’s Committee

(c) District Consultative Committee

(d) Lead Bank Department

(e) None of the above

Q3. By “Deemed Exports” it means?

(a) supplies of goods and services to units within the country which can earn foreign currency to the country

(b) exports made by units situated in EPZ areas to out of country

(c) exports made by EOU out of the country

(d) anticipated value of exports

(e) None of the above

Q4. By devaluation we mean?

(a) A fall in the domestic value of a currency

(b) A fall in the external value of a currency caused by the market forces

(c) A fall in the external value of a currency caused by Government action

(d) All of the above

(e) None of the above

Q5. Capitalization of Reserves is carried out by issue of ___________ to the existing shareholders.

(a) Additional shares

(b) Bonus shares

(c) Incentives

(d) All of the above

(e) None of the above

Q6. As per RBI guidelines, when a counterfeit note is detected at the branch, it should be:

(a) Branded with a stamp “COUNTERFEIT BANKNOTE”

(b) Recorded in a separate register under authentication

(c) acknowledged in the prescribed format of RBI and issued to the tenderer

(d) All of the above

(e) None of the above

Q7. Asset Reconstruction Company is associated with..........?

(a) DICGC

(b) ECGC

(c) NPA

(d) SEBI

(e) None of the above

Q8. Association of National Exchange Members of India (ANMI) is a body consisting of?

(a) Bankers and SEBI

(b) SEBI and IBA

(c) Brokers Operating in the National Exchanges

(d) Bankers, SEBI, IBA and RBI

(e) None of the above

Q9. At what stage of opening of bank account is the checking of Politically Exposed Persons (PEP) carried out:

(a) at the first point of customer interaction

(b) at the Account Services Level

(c) at the Central Account Services Level

(d) one month after the account is opened

(e) None of the above

Q10. Authorized Dealers for foreign exchange transactions are appointed by:

(a) Reserve Bank of India

(b) Government of India

(c) Individual Banks

(d) FEDAI

(e) None of the above

Q11. Currency Note containing political slogan is not a legal tender as per:

(a) Legal Tender (Inscribed Notes) Act, 1964

(b) Negotiable Instruments Act, 1881

(c) Reserve Bank of India Act

(d) All of the above

(e) None of the above

Q12. Demand draft for Rs. 20,000 and above:

(a) can be paid in cash

(b) should not be paid in cash

(c) mode of payment will depend on the status of the customer 

(d) All of the above

(e) None of the above

Q13. Deposits under NRE/FCNB accounts are linked to-

(a) Base Rate

(b) SIBOR

(c) LIBOR

(d) All of the above

(e) None of the above

Q14. Electronic Fund Transfer scheme of RBI has been renamed as:

(a) Clearing

(b) Core Banking Solutions

(c) Real Time Gross Settlement

(d) National Electronic Fund Transfer

(e) All of the above

Q15. Escrow account is useful/helpful to-

(a) importers

(b) exporters

(c) people

(d) Assets

(e) None of the above

Important Banking Act

Name of the Act	Important Facts
Banking Regulation Act, 1949	1.   The Banking Regulation Act Came into force with effective from 16th March 1949. 2.     Initially, it was named as “Banking Companies Act, 1949”, but latter the name was changed to Banking Regulation Act 1949 from 1st March 1966. 3.     This Act Provides safety in the interest of depositors. 4.     This Act forbids the misuse of powers by Higher Authorities/ Staffs / Banking employees etc. 5.     Bank Employee Can take leave according to this ACTS.
SARFAESI Act, 2002	1.     Full form of SARFAESI – Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 2.     This SARFAESI ACT, 2002 acts as a tool to recover the debt, bad loans i.e. NPA (Non-Performing Assets). 3.     According to this ACT, bank has the power to seize the securities of Loan Defaulters (Except Agricultural Land) without the intervention of the court. 4.     This Act also giver power of “Seize & Desist” to all banks in India.
State Bank of India Act,1955	1.     According to this the Reserve Bank of India acquired a controlling Interest in the Imperial Bank of India. 2.     This Acts also prevent the misuse of depositors Interests.
Reserve Bank of India Act,1934	1.     The Reserve Bank of India Act Came into Effect from 6th March 1934. 2.     This Acts Provides the Supervision and Regulation of the banking system in India. 3.     According to this Act, all Scheduled Bank must have minimum 5 Lakh & above pay up capital. 4.     According to this Act RBI has the power regarding the exchange of damaged and imperfect Currency Notes. 5.     According to this Act, the Maximum denomination of Currency Notes can be Rs.10,000. 6.     According to this Act, only the RBI or Union Government can issue and accept Promissory Notes which is payable on demand. 7.      According to this Act, Every Schedule Bank has a minimum capital with the RBI on Daily basis which is generally termed as CRR. 8.     This Act also says each & every bank in India needs to follow the guidelines which are implemented by RBI. 9.      According to this Act RBI can charge/fine any bank with prior notice if the bank not obeys the guidelines.
Foreign Exchange Regulation Act, 1973	1.     This Act Came in force with Effect from 1st January 1974. 2.     These Acts impose the strict rules and regulations on certain kinds of payments/transactions, the dealings in foreign exchange and securities and the transactions which had an indirect impact on the foreign exchange and the import and export of currency. 3.     FERA was repealed in 1988 by the Union Government at the time of Atal Bihari Vajpayee Government and Replaced FERA into FEMA.
Foreign Exchange Management Act, 1999	1.     This Act was enacted on 29th December 2000. 2.     This Act makes offences related to foreign exchange civil offences. 3.     This Act was Enacted after Replacing FERA Act, 1973 with a New Strict Norms and guidelines. 4.     This Act enables the Reserve Bank of India and the Central Government to pass regulations and rules relating to foreign exchange in tune with the Foreign Trade policy of India.

Reasoning Puzzle for IBPS PO Mains: Part 3

Direction (1-6): Study the following information carefully and answer the questions given below:

Each of the seven exhibition viz. A,B,C,D,E,F and G are scheduled to be exhibited on a different days of a week starting from Monday and ending on a sunday of the same week. Exhibition F is 
scheduled on Thursday. Four states are participating in the exhibition, not more than two exhibitions are exhibited by any state. Four states are Goa, Tamil Nadu, Assam and Maharashtra. Assam participates on the weekend. Two exhibitions are scheduled to be held between exhibition F and the exhibition in which Tamil Nadu participates. Only one exhibition is scheduled between exhibition E and exhibition D. Maharashtra participates in only one exhibition that is scheduled to be held on Saturday. Exhibition E is not scheduled on the day immediately before or immediately after the day when exhibition F is scheduled. Assam participates exactly in the middle of the week. Exhibition C is scheduled on the day immediately before the day when exhibition G is scheduled. D participates between the day when Assam and Maharashtra participate. Tamil Nadu does not participate on even number of days. Exhibition A is not scheduled after exhibition G.

1. How many exhibitions are scheduled to be exhibited between exhibition C and exhibition D?

1. Three

2. Four

3. Two

4. None 

5. Other than the given options

2. On which of the following days is exhibition G scheduled?

1. Wednesday

2. Tuesday

3. Monday

4. Saturday

5. Cannot be determined

3. Which of the following exhibition is scheduled on Saturday?

1. E

2. B

3. A

4. C

5. Other than the given options

4. In which of the following exhibitions does Goa participate?

1. C,B

2. A,C

3. C,A and G

4. C,D

5. Other than the given options

5. Which of the following exhibitions is scheduled on Friday?

1. A

2. C

3. E

4. G

5. D

6. Which of the following do/does not match correctly?

1. A-Monday-Goa

2. D-Saturday-Assam

3. F-Thursday-Assam

4. Both 1) and 2)

5. Other than the given options

Solution: 

Days	Exhibition	State
Monday	A	Tamil Nadu
Tuesday	C	Goa
Wednesday	G	Tamil Nadu
Thursday	F	Assam
Friday	D	Goa
Saturday	B	Maharashtra
Sunday	E	Assam

Note:- Mon-1, Tue-2, Wed-3, Thr-4, Fr-5, Sat- 6, Sun-7

Mixed Aptitude Quiz for IBPS RRB PO 2016

Complete the series: 65, 70, 63, 74, 61, ?

Solution :

65 – 63 = 2
74 – 70 = 4
63 – 61 = 2

78-74 =4

Ques 2.

Anand finds that due to a fall in the rate of interest from 10% to 5%, his yearly income diminishes by Rs.500. His capital is ?

Solution :

Difference = 10-5 = 5%

5%  --------- 500

100% ------ 10000

Capital = 10000

Ques 3.

x² – 4x – 21 = 0 ; y² – 35y + 306 = 0

Solution :

==> x^2 -7x+4x-21=0

==>X = 7 , -4

==> y^2-18y-17y+306=0

==> Y = 18 , 17

X < Y

Ques 4.

10 men and 15 women can complete the job in 16 days.In how many days can 2 men and 3 women finish the same job working together ?

Solution :

 10 Men + 15 women finish a job = 16 days

2 men + 3 women finish a job = 16*5 = 40 days 

Ques 5.

464.83 + 40.14 / 7.84 + 6.26 / 0.91 = ? . Find approximate value ?

Solution :

==> 467+40/8+6/1 

= 473

Ques 6.

One year ago the ratio between A and B’s age was 4:3. One year hence the ratio of their ages will be 5:4. What is the sum of their present ages in years?

Solution :

 One year ago ratio = 4:3 ( ratio difference = 4-3=1)

One year hence ratio = 5:4 (Ratio difference = 5-4=1)

New ratios :

One year ago ratio = 4:3 *1 = 4:3

One year hence ratio = 5:4 *1 = 5:4

Difference in A ratio = 5-4 = 1

1 unit ------- 2 year

9 unit ------- 18 years 

Sum of their ages 1 year hence = 18

Present = 18-2 =16 years

Ques 7.

A student  gets 60 marks out of 100 in English, 80 out of 150 in Chemistry and X out of 150 in maths. The total  marks of student in all the three subjects is 50% . Find X value ?

Solution :

Total marks = 100+150+150 = 400

Total obtained marks = 60+80+X

Overall percentage = 50

==> (140+X)/(400) * 100 = 50

==> X = 60

Ques 8.

The CI on Rs.10000 for 3 years at 5% for first year, 8% for second year, 10% for the third year will be

Solution :

==>10000*105/100*108/100*110/100

= 12474

CI = 12474-10000 = 2474

Ques 9.

A bus travels at the rate of 60 kmph without stoppages and it travels at 45 kmph with stoppages. How many minutes does the bus stop on an average per hour?

Solution :

Trick :

Difference of speed /without stoppage speed  * 60

==> 15/60 *60 = 15 min

Ques 10.

A got 5000 as his share out of the total profit of 9000. A had invested 3000 rupees for 6 months while B invested for the whole year. Find the amount invested by B.

Solution :

  Ratio = 5000 : 4000 = 5: 4

==>   3000*6 : X *12 = 5:4

==> X = 1200