QUANT FOR SBI PO/ BOB/NIACL ASST/NICL AO 2017

Directions (1-5): Study the following Pie Graph carefully and answer the questions given below.
Cost estimated by a family in renovation of its house.

Q1. If out of estimated cost for curtains & Cushions, only 87.5% was spent, find the amount saved from the amount estimated for the curtains & cushions.
(a) 3000
(b) 2000
(c) 2500
(d) 2750
(e) 3250

Q2. Family gets 25% discount on Grills and Windows, the amount save by this, spent on Painting. Then Find, actual spent on painting is by what percent more than the estimate cost on painting.
(a) 13.33%
(b) 15.66%
(c) 16.66%
(d) 20.33%
(e) 8.88%

Q3. Estimated cost on Architect fees is how much less than the estimated cost on flooring?
(a) 2400
(b) 3600
(c) 4800
(d) 9600
(e) 7200

Q4. Actual cost incurred on furniture is 33600, it is adjusted by reducing the estimated cost on Miscellaneous. By what percent we should reduce the estimated cost on Miscellaneous than what previously estimated for this?
(a) 25%
(b) 11.25%
(c) 16.66%
(d) 12.5%
(e) 20%

Q5. What is the average estimated cost on painting and Flooring?
(a) 28800
(b) 34800
(c) 38400
(d) 72000
(e) 48000

Directions (6–10): What will come in the place of the question mark (?) in the following number series?
Q6. 1108, 1117, 1142, 1191, ?, 1393
(a) 1312
(b) 1300
(c) 1272
(d) 1204
(e) None of these

Q7. 8484, 4248, 2112, 1074, 513, ?
(a) 201
(b) 280.5
(c) 256.5
(d) 171
(e) None of these

Q8. 154, 162, 226, ?, 954, 1954
(a) 242
(b) 554
(c) 442
(d) 642
(e) None of these

Q9. 96, 94, 373, 3353, ?, 1341069
(a) 83819
(b) 53483
(c) 63813
(d) 53643
(e) None of these

Q10. 1, 16, 81, 256, ?, 1296
(a) 400
(b) 625
(c) 875
(d) 1125
(e) None of these

Directions (11-15): Two equations (I) and (II) are given in each question. On the basis of these equations, you have to decide the relation between x and y and give answer
(a) if x > y
(b) if x < y
(c) if x ≥ y
(d) if x ≤ y
(e) if x = y, or no relation can be established between x and y.

Ans

EDITORIAL OF THE DAY FOR SBI/BOB/ NICL/NIACL 2017

It’s time for India and Britain to show benefits of free trade to the world

           

As we begin preparing to set our own trade terms for the first time in 40 years, Britain is ready to breathe new life into its relationship with the rest of the world . In New Delhi yesterday, I spoke to finance minister Arun Jaitley about the triggering of Article 50 last week, which has set in motion the countdown for a revitalised Britain on the world stage, one that is ready to strengthen its relationships with its traditional friends and allies.

It will be a Global Britain that is confident, ambitious and tolerant, and a Britain that can make its own decisions, build new economic partnerships and work on a one-to-one basis with nations like India. The rhetoric of last year’s Brexit referendum campaign was not a rhetoric of isolation. Quite the opposite: it was an insistence of bigger and better engagement with the world, not just with our European friends and neighbours, but with everyone beyond those borders too.

British Prime Minister Theresa May has emphasised constantly over the last nine months our continued support for free trade, open markets and an expanded engagement with the outside world. Nowhere is this more relevant than India, whose economic transformation has been nothing short of remarkable. This year, India is forecast to grow at 7.2% and the International Monetary Fund (IMF) forecast it to be the fastestgrowing economy in the G20 next year as well, a credit to the reforms that Prime Minister Narendra Modi and Jaitley have put in place.

As well as our annual talks on economic and financial cooperation, I will also be laying the groundwork for the time, not too far distant, when we will be able to negotiate our own trade agreements. Our bilateral relationship today is strong and broad-based, and it is underpinned by what Modi has called a ‘Living Bridge’ of 1.5 million people of Indian origin who live in Britain. And last year, around 480,000 Indians came to Britain to visit, study or do business, with Indian nationals accounting for nearly 60% of all skilled work visas granted by Britain.

We are major investors in each other’s economies. Over the last decade, no G20 country has invested more in India than Britain. We are, in fact, the largest job creator via foreign direct investment (FDI) in India. From Marks & Spencer, now one of the largest international retailers in India with a presence across 18 cities with 49 stores, to BP, the largest international oil company in India employing around 8,500 people, British companies have played a strong job creation role in the growing Indian economy.

 It can get giddy. Between 2000 and 2016, British investment in India has helped create 371,000 jobs. The total number of people employed by British companies in India currently stands at 788,000, representing an astonishing 1in 20 private sector jobs. And, in turn, Indian firms have a strong record as investors in British industry, with perhaps the most highprofile being Tata’s successful management of Jaguar Land Rover (JLR). But there are many more opportunities available.

On Tuesday, when I represented Britain at the 9th India-UK Economic and Financial Dialogue in Delhi, our world leading finance sector was in sharp focus. Britain is perfectly placed to be India’s financial partner of choice, helping it to raise the finance needed for its continued rapid growth. My message is ‘Make in India, finance in the UK’.

There have already been more than 37 masala bonds issued on the London Stock Exchange. Only last Friday, HDFC issued their largest masala bond, raising £400 million (about.`32.40 billion). Yesterday, Jaitley and I confirmed a new partnership under the National Investment and Infrastructure Fund, in which we will work together to leverage City of London investment into India’s rapidly growing energy and renewables market.

We believe that Britain’s position as a global finance hub, our plans to build a truly Global Britain as we leave the EU, and India’s own ambitious growth aspirations make an unbeatable combination to help us take our relationship to the next level.

Britain is already the world’s largest exporter of financial services and the leading centre for Fintech. There are enormous opportunities for Britain and India to collaborate in both areas, which is why I will be delighted to speak at the India-UK Fintech Conference in Mumbai, along with a delegation of British leaders in financial services and Fintech.

With us we bring this message: as the world’s oldest democracy and the world’s biggest democracy, who better to show the world the true benefits of free trade and open markets than Britain and India?

The writer is Chancellor of the Exchequer, Government of Britain

MEET NEW DY. GOVERNOR OF RBI (B. P. Kanungo)

Odisha's Bihu Prasad Kanungo (B. P. Kanungo) has been took over as the new Deputy Governor of the Reserve Bank of India (RBI) .

He has replaced the retiring deputy governor, R Gandhi . Earlier, he has worked as the Executive Director of RBI. The government has appointed Kanungo as Deputy Governor of RBI on 11th March 2017 for a period of three years.

Kanungo will look after the departments of currency management, external investments and operations, government and bank accounts, and information technology, payment and settlement systems. He will also look after foreign exchange department, internal debt management department, legal department and premises department.

There are 4 Deputy Governors in RBI. They are,

B. P. Kanungo

S S Mundra

N S Vishwanathan

Viral V Acharya

REASONING QUIZ FOR SBI PO 2017

Directions (1-5): In these questions, relationship between different elements is shown in the statements. The statements are followed by conclusions.
Give answer
(a) if only conclusion I is true
(b) if only conclusion II is true
(c) if only conclusion III is true
(d) if all conclusion I, II , IIIare true
(e) if no conclusion is true

Q1.Statements X ≥ G = H; G > J ≥ L; J ≥ K < Y
Conclusions
I. X≥ L
II. L< H
III. L>Y

Q2.Statements A<B = R ≥ S ≥ T; X<J≤K<T
Conclusions
I. T ≤B
II. X>A
III. J>B

Q3.Statements P≤ Q< C; P≥ D; C ≤ F; Q≤L>M
Conclusions
I. D ≤C
II. L> D
III. P≤L

Q4.Statements U >P = I ≤ O <Q; I≥K>L≤N
Conclusions
I. I ≤Q
II. L> U
III. N<Q

Q5.Statements L = A≥B; A> P; L < K; B≥J>M
Conclusions
I. K > P
II. B< K
III. L>M

Directions (6-10): In the following questions, δ, @, ©, % and * are used with the following meanings as illustrated below:

‘P © Q’ means ‘P is not smaller than Q.’
‘P % Q’ means ‘P is neither smaller than nor equal to Q.’
‘P * Q’ means ‘P is neither greater than nor equal to Q.’
‘P δ Q’ means ‘P is not greater than Q.’
‘P @ Q’ means ‘P is neither greater than nor smaller than Q.’
Now, in each of the following questions assuming the given statements to be true, find with of the four conclusions I, II, III and IV given below them is/are definitely true and give your answer accordingly.

Q6.Statements: Aδ T, T @ R, R © M, M % K
Conclusions
I. R @ A
II. R % A
III. K * T
IV. M δ T
(a) Either I or II is true
(b) III and IV are true
(c) Either I or II and III are true
(d) Either I or II and IV are true
(e)Either I or II and III and IV are true

Q7.Statements: J @ A, AδB, B % H, H © G
Conclusions
I. G * B
II. B © J
III. A * J
IV. J δ G
(a) I and II are true
(b) I, II and III are true
(c) II, III and IV are true
(d) All are true
(e)None of these

Q8.Statements: R * A, A % B, B @ V, V δ M
Conclusions
I. R * B
II. V * R
III. B @ M
IV. M % B
(a) None is true
(b) Only III is true
(c) Only IV is true
(d) Either III or IV is true
(e)Either III or IV and II are true

Q9. Statements: A © U, U * C, C % F, F @ K
Conclusions
I. A % C
II. F * U
III. C % K
IV. K * U
(a) None is true
(b) Only I is true
(c) Only II is true
(d)Only III is true
(e)Only IV is true

Q10.Statements: F % Z, Z © A, Aδ Y, Y * T
Conclusions
I. F % A
II. T % Z
III. Z % Y
IV. T % A
(a) I and III are true
(b) I and IV are true
(c) I, II and IV are true
(d) I, II and IV are true
(e)None of the above

Directions (11-15): Read each statement carefully and answer the following questions:

Q11.Which of the following expressions will be true if the expression Z> O = Y> S <C is definitely true?
(a) O >C
(b) Z>S
(c) C>Y
(d) S = O
(e)C<Z

Q12.Which of the following symbols should replace the question mark (?) in the given expression in order to make the expressions B>A as well as U≤V definitely true?
B>V ? A ≥ N = U
(a) ≤
(b) >
(c) <
(d)≥
(e)Either ≤ or <

Q13.Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) in order to complete the given expression in such a manner that makes the expression Y>Z as well as X≤W definitely true?
Y _ W _ O _ Z _ X
(a) =, =, ≥, ≥
(b) >, ≥, =, >
(c) >, <, =, ≤
(d)>, =, =, ≥
(e)>, =, ≥, >

Q14.Which of the following should be placed in the blank spaces respectively (in the same order from left to right) in order to complete the given expression in such a manner that makes the expression Z<X definitely false?
_ ≤ _ < _ > _
(a) L, N, X, Z
(b) L, Z, X, N
(c) Z, L, X, N
(d) N, Z, X, L
(e)X, N, Z, L

Q15.Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) in order to complete the given expression in such a manner that makes the expression A>B and C>E definitely false?
A _ O _ C _ B _ E
(a) <, <, >, =
(b) <, =, =, >
(c) <, =, =, <
(d) ≥, =, =, ≥
(e)>, >, =, <

Ans will be updated soon....