SBI Clerks Model Papers – Page 15

1. Of the following statements which one is correct regarding R.B.I?
1. R.B.I is the apex institution of country’s monetary system and financial system
2. It was established under R.B.I Act 1934 and was established on 1 APR 1935
3. Its initial fully paid up capital was Rs.5 crores
4. Its first head office was established at Kolkatha (in those days Calcutta) and in 1937 it was shifted to Mumbai (in those days Bombay) 5. All of above

2. State Bank of India has subsidiaries. Pick up the incorrect one among them?
1. SBI Capital Markets 2. SBICAP Securities
3. SBI DFHI 4. SBI Real Estates
5. SBI Life

3. Which Bank in India opened INDIA’S FIRST OFFSHORE BANKING UNIT?
1. SBH 2. ICICI 3. SBI 4. Axis 5. Bank of Baroda

4. Which among the following statements is wrong related to World Bank?
1. Its real name is International Bank for Reconstruction and Development (IBRD)
2. The World Bank was created following the ratification of the United Nations Monetary and Financial Conference Bretton Woods
agreement. It was established in 1945.
3. IBRD head quarters is at New York
4. From 60’s to 80’s the World Bank gave loans on poverty alleviation
5. From 80’s to 90’s main focus on debt management and structural management

5. News papers, magazines, Economists call RBI with many names. Pick up wrong one?
1. Apex Bank
2. Government’s Bank
3. Banker’s bank
4. India’s world bank
5. Topbank

6. Surabhi deposit scheme details are given below. Pick up incorrect statement?
a) This scheme initiated by State Bank of India
b) Usually this account cover non-individual customers like Corporate, Institutions, and PF Funds etc
c) Who have surplus funds for investments, but at the same time need the convenience of liquidity, can opt this deposit scheme
d) If anybody wants to open this scheme they should get prior permission from R.B.I
1. a 2. b 3. c 4. d 5. All of above

7. For financial inclusion and to facilitate lowincome group customers, Which SBI subsidiary inaugurated NO FRILLS ACCOUNT
by name ‘Saral Bachat Khata’?
1. State Bank of Bikaner and Jaipur
2. State Bank of Hyderabad
3. State Bank of Mysore
4. State Bank of Travancore
5. State Bank of Patiala

8. Rastriya Krishi Bima Yojna was introduced in Kharif 1999. Bring out the correct statements?
a) This Scheme is administered by Agriculture Insurance Corporation which is promoted by NABARD, GIC and 4 public sector
Insurance Companies
b) It proposes that Government of India will underwrite the losses of the companies rather than subsiding the premia by state and central governments
c) It covers all the crops weather food crops, oil crops horticultural crops or even commercial crops
d) The state governments pay Rs. 1000 on behalf of the farmers to Agriculture Insurance Corporation every month
e) India and Israel co-operate in Agriculture insurance
1. a b c d e 2. a b c d 3. a b c 4. a b d 5. a c d e

9. Which facts are true about the relation between the development of roads and poverty in India?
a) World Bank has been supporting India’s rural connectivity programme— Pradhan Mantri Gram Sadak Yojana (PMGSY)
b) It aids projects in several places like Himachal Pradesh, Rajasthan, Jharkhand and Uttar Pradesh
c) Over the years, World Bank’s concessionary lending arm International Development Association (IDA) has supported many
rural roads projects, both stand alone and components of larger projects
d) IDA said adding every Rs 10 lakh spent on rural roads has helped lift 163 people out of poverty.
e) Pradhan Mantri Grameen Sadak Yojana (PMGSY), which targets to connect villages with a population of 1,000, has got an allocation of Rs 9,995 crore in 2010-2011 budget as against 2009-10 revised allocation of Rs 9,475 crore
f) India is the poorest country among the SAARC countries after Bhutan
1. a c d e f 2. a b c e f 3. a b c d e 4. b c d 5. a b c d f

10. Pick up the correct statements relating to State Bank of
Hyderabad?
a. State Bank of Hyderabad was constituted as Hyderabad State Bank on 8 Aug 1941
b. The first branch of the Bank was opened at Gun foundry, Hyderabad on 5th April, 1942.
c. In 1953, the Bank took over the assets and liabilities of the Hyderabad Mercantile Bank Ltd
d. In 1956, the Bank was taken over by Reserve Bank of India as its first subsidiary and its name was changed from ‘Hyderabad State Bank’ to ‘State Bank of Hyderabad’.
e. The Bank became a subsidiary of the State Bank of India on the 1st October 1959
f. SBH is the largest Associate Bank of State Bank of India
1. a b c d e f 2. b c d e 3. c d e f 4. b c e f 5. a c d e

11. Of the following statements which one is correct regarding State Bank of Patiala?
1. it was founded by Late His Highness Bhupinder Singh, Maharaja of erstwhile Patiala state in 1917.
2. its original name was ‘Patiala State Bank”
3. Bank became a subsidiary of the State Bank of India on 1st April, 1960 when it was named as the State Bank of Patiala
4. by fully networking all its branches on Core Banking Solutions on 8 Aug 2005 it became the first fully networked Public Sector Bank in the country.
5. All of above

12. The Indian rural people incomes are doubled, the literacy rate increased by 10 %. The agriculture land prices appreciated by 80 %. The above achievements were seen in Indian rural areas according to the report given by world bank due to introduction of
…. schemes.
1. Mid day meal scheme
2. Free power to farmers
3. Subsidies for fertilizers
4. digging of bore wells
5. Relief pack to farmers

13. The Issue Department is responsible for the issue of notes as per demand made by Banking Department of R.B.I. From 1939 till 1956 it followed Proportional Reserve System. It means?
1. R.B.I was required to hold 50 % worth of assets in the form of Gold/foreign securities against issue of currency. However the worth of gold must not be below than Rs. 50 Crores
2. R.B.I was required to hold 60 % worth of assets in the form of Gold/foreign securities against issue of currency. However the worth of gold must not be below than Rs. 60 Crores
3. R.B.I was required to hold 45 % worth of assets in the form of Gold/foreign securities against issue of currency. However the worth of gold must not be below than Rs. 45 Crores
4. R.B.I. was required to hold 70 % worth of assets in the form of
Gold/foreign securities against issue of currency. However the
worth of gold must not be below than Rs. 70 Crores
5. R.B.I. was required to hold 40 % worth of assets in the form of Gold/ foreign securities against issue of currency. However the worth of gold must not be below than Rs. 40 Crores

14. Punjab National Bank details are given. Pick up correct one?
a) On 12th April 1895, the bank opened for business
b) Recently it opened its 5000 branch on the eve of its inauguration day (12-4-2010)
c) By assets wise PNB is the third largest bank in India
d) By bank branch net work wise, it is the second largest bank in India
e) with its policy of inclusive growth in the Indo-Gangatic Belt, the bank’s mission is ‘Banking for unbanked’
1. a b c d e 2. a b c d 3. b c d 4. a c d e 5. a b c e

15. The details of Bank of Baroda are given. Pick up correct statement?
1. it was established in 1908
2. its logo has dual ‘B’ letter forms that hold the rays of the rising sun
3. The Bank has adopted 101 villages for integrated development.
4. Bank of Baroda has been awarded with prestigious Dalal Street-DSIJ PSU Award recently
5. All of above

16. Reshaping Economic Geography is the title of a report released in 2009. This report released by…?
1. Asian-Pacific Economic Co-operation
2. International Monetary Fund
3. World Bank
4. International Development Association
5. International Economic Forum

17. Proportional Reserve System was replaced in 1956 by minimum of Foreign Reserve System. It means?
1. R.B.I to hold assets minimum of Rs. 515 crores worth of foreign reserves in which Rs. 115 Cr of gold and Rs. 400 cr of foreign
securities must be maintained.
2. R.B.I to hold assets minimum of Rs. 515 crores worth of foreign reserves in which Rs. 115 Cr of gold and Rs. 400 cr Dollars must be maintained
3. R.B.I to hold assets minimum of Rs. 515 crores worth of foreign reserves in which Rs. 400 Cr of gold and Rs. 115 cr of foreign
securities must be maintained.
4. R.B.I to hold assets minimum of Rs. 515 crores worth of foreign reserves in which Rs. 200 Cr of gold and Rs. 315 cr of foreign
direct investments
5. R.B.I to hold assets minimum of Rs. 515 crores worth of foreign reserves in any mode.

KEY : 1. 5 2. 4 3.3 4. 3 5. 4 6. 4 7. 1 8. 3 9. 3 10. 1 11. 5 12. 5 13. 5 14. 1 15. 5 16. 3 17. 1.

1. If in English alphabet all the letters at oddnumbered positions are sequentially replaced by even numbers, viz ‘A’ replaced by 2. ‘C’
replaced by 4 and so on and likewise all letters at even-numbered positions are replaced by odd numbers such as ‘B’ replaced by ‘1’, ‘D’ replaced by 3 and so on, then what will be the total value of the letters of the word DETAIL?
1) 48 2) 55 3) 53 4) 49 5) None of these

2. In a certain code language ‘she is sick’ is writtenas ‘$ * @’, ‘go to bed’ is written as ‘T ^ #’ and ‘sick in bed’ is written as ‘^ @ %’, then what is the code for ‘she’?
1) * 2) $ 3) @ 4) Cannot be determined 5) None of these

3. In the following number series how many such 4’s are there which are immediately followed by 6 which is not immediately followed by 3?
2 5 3 7 6 4 3 4 6 5 2 9 1 5 4 6 3 8 4 6 6 7 4 3 6 4 0 5
1) One 2) Two 3) Three 4) Four 5) None of these

4. Early morning after sunrise Sangita went for a walk. Her brother Ramesh, who was coming towards her from opposite direction, saw that
Sangita’s shadow had fallen to his right. From which direction was Ramesh coming?
1) South 2) North 3) East 4) West 5) None of these

5. Six friends A, B, C, D, E and F start climbing a hill together. After some time it is observed that ‘D’ has reached a position higher than ‘B’ but not as high as ‘E’. ‘C’ is at a position not
higher than ‘D’ and not lower than ‘A’, who is not lower than ‘F’ and not higher than ‘B’. Who has climbed the highest position?
1) D 2) E 3) B 4) Cannot be determined 5) None of these
Directions (Q. 6-10): Read the following number/ letter/ symbol series carefully and answer the questions given below it.
E C S 4 6 # 7 D F 2 H J K L * ? 3 5 B G R Q % + 4 2 4 $ ^ A I M

6. How many symbols are there in the sequence which are immediately preceded by a symbol and immediately followed by a number?
1) Two 2) One 3) Three 4) Nil 5) None of these

7. If all the symbols are dropped, which of the following will be exactly in the middle?
1) 5 2) K 3) 3 4) L 5) None of these

8. If the first half of the sequence is replaced by the second half of the sequence and vice versa without changing the order of elements
within the halves, which of the following will be fifth to the left of fourteenth element from the right?
1) θ 2) A 3) D 4) Data Inadequate 5) None of these

9. If all the numbers in the sequence are dropped and the order of remaining elements is reversed, which of the following will be seventh to the right of thirteenth element from the right?
1) F 2) # 3) % 4) Cannot be determined 5) None of these

10. In the above sequence if all the letters are replaced by numbers sequentially, viz ‘A’ replaced by 1, ‘B’ replaced by 2 and so on till
T is replaced by 9 and again starting with J replaced by 1 and so on, then how many 4’s would be there in the sequence?
1) 5 2) 6 3) 3 4) 7 5) None of these

11. If it is possible to make a meaningful word from the first, the third, the sixth and the eighth letters of the word EXPERTISE, using
each letter only once, write second letter of that word as your
answer. If more than one such word can be formed write M as your answer and if no such word can be formed write X as your answer.
1) R 2) E 3) S 4) M 5) X

12. How many pairs of letters are there in the word DIVERSITY which have as many letters between them in the word as in the alphabet?
1) One 2) Two 3) Three 4) Four 5) None of these
Directions (Q. 13-16): Study the following information carefully and answer the questions given below.
1. Seven persons A, B, C, D, E, F and G are doing different business of dry fruits, spices, tea, sugar, milk, grain and vegetables not necessarily in the same order.
2. Each one of them owns a car of different colours – red, blue, green, white, orange, purple and yellow not necessarily in the same order.
3. B is engaged in tea business and owns a yellow car. A is not
engaged in business of dry fruits, spices or grain and does not own a green or orange car. D, the owner of a blue car, is not doing business of dry fruits or sugar. E, who has a milk business, does not own a red or green car. F owns a white car and is not engaged in grain business. G, who has a business of vegetables, owns a purple
car.

13. Who is the owner of green car?
1) C 2) E 3) A or E 4) C or E 5) None of these

14. Who is engaged in business of dry fruits?
1) F 2) E 3) B 4) Data Inadequate 5) None of these

15. What is D’s business?
1) Spices 2) Tea 3) Vegetable 4) Data Inadequate 5) None of these

16. What is the colour of A’s car?
1) Purple 2) White 3) Red 4) Data Inadequate 5) None of these

17. In a certain code all the vowels are coded as @, all alternate consonants beginning with B are coded as # and the remaining consonants are coded as $, then how will the word PYSICAL be written in that code?
1) ##$@@$#@ 2) ##$$@$@# 3) $$##@#@$ 4) $$###@@$ 5) None of these

18. If both the statements ‘All bottles are boxes’ and ‘Some boxes are tanks’ are true, then which of the following statements is definitely true?
1) Some tanks are bottles
2) All boxes are either tanks or bottles
3) Some bottles are tanks
4) No bottle is tank
5) None of these

19. ‘A’ started walking straight facing West. After walking a distance of 4 metres he turned to his right and walked a distance of 2 metres, then took a left turn, walked a distance of 2 metres then turned back and walked a distance of 3 metres. He is in which direction with respect to the starting point?
1) South-East 2) North-East 3) North-West
4) South-West 5) None of these

20. If in the following set of numbers the first and the second digits are interchanged and then the newly formed numbers are arranged in ascending order, which of the original numbers will be third?
648 293 471 529 345 896 657
1) 471 2) 293 3) 657 4) 345 5) None of these

21. Ravindra remembers correctly that Somnath was born after 17th September and before 21st September. Lokesh definitely remembers that Somnath was born after 19th September and before 23rd september. On what date was Somnath born?
1) 19th or 20th September
2) 20th or 21st September
3) 20th September 4) Data Inadequate
5) None of these

22. In a certain code language the word FILAMENT is written as VPGOHKNC. How will the word CONJUGAL be written in that code?
1) NCIWLPQE 2) NCIWEQPL 3) NCWILPQE 4) NCIEWPQL
5) None of these

23. If ‘*’ means ‘x’, ‘$’ means ‘÷’, ‘#’ means ‘+’ and ‘@’ means ‘-‘, then what is the value of 68#12$4@3*8 = ?
1) 47 2) 136 3) 544 4) 78 5) None of these

24. Introducing a man, Sudha said, ‘His daughter is the only grand-daughter of my father’. How is the man related to Sudha?
1) Brother 2) Brother-in-law 3) Husband
4) Data Inadequate 5) None of these

25. In a row of girls standing from left to right facing North, Sushma is fifteenth from the left. Sushma, when shifted to her right by three places, becomes third to the left of Rubina, who is seventeenth from the right. How many girls are standing in the row?
1) 37 2) 36 3) 38 4) Data Inadequate 5) None of these.

KEY: 1 – 5, 2 – 4, 3 – 2, 4 – 2, 5 – 2, 6 – 1, 7 – 4, 8 – 2, 9 – 1, 10 – 1, 11 – 4, 12 – 2, 13 – 1, 14 – 4, 15 – 4, 16 – 3, 17 – 5, 18 – 5, 19 – 3, 20 – 5, 21 – 3, 22 – 2, 23 – 1, 24 – 1, 25 – 1.

SBI POs General Awareness Practice Questions

SBI Clerks Reasoning Practice Questions with Key