Banking Exams IBPS PO MT XVI Recruitment Exam Mock Test PDF Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF Questions Available Here at: https://www.easy-quizzz.com/in/sarkari-exam/banking-exams/ibps-po-mt-xvi- recruitment-exam-mock-test/quiz.html Enrolling now you will get access to 276 questions in a unique set ofIBPS PO MT XVI Recruitment Exam Mock Test Question 1 A bank records branch deposits ( crore) as follows: Branch P—April 240, May 270, June 300; Q—180, 210, 240; R—300, 270, 330; S—280, 320, 350. By what percentage did the combined deposits of the four branches increase from April to June? Options: A. 22% B. 21% C. 20% D. 18% Answer: A Explanation: Combined deposits were 1,000 crore in April (240 + 180 + 300 + 280) and 1,220 crore in June (300 + 240 + 330 + 350). The increase was 220 crore, so the percentage increase is (220 ÷ 1,000) × 100 = 22%. The denominator is the April total, the starting value; dividing by the June total would calculate a different ratio. Question 2 A vessel contains 60 litres of a milk-water mixture in the ratio 7:3. Twelve litres are removed and replaced with water. Then 10 litres of the resulting mixture are removed and replaced with milk. What is the final ratio of milk to water? Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF https://www.easy-quizzz.com/in/ Options: A. 17:11 B. 19:11 C. 19:13 D. 21:11 Answer: B Explanation: Initially there are 42 litres of milk and 18 litres of water. Removing 12 litres removes 8.4 litres of milk and 3.6 litres of water, leaving 33.6 and 14.4 litres; adding water makes the amounts 33.6 and 26.4. The next 10-litre removal takes away 5.6 litres of milk and 4.4 litres of water, leaving 28 and 22 litres. Adding 10 litres of milk gives 38:22, or 19:11. Question 3 During clearing, a customer deposits a cheque bearing two parallel transverse lines but no bank name between them. Which handling is consistent with this crossing? Options: A. The paying bank may pay cash over its counter because no bank is named. B. It should be collected through a bank, but need not be routed through a specifically named bank. C. It must be presented through the particular bank named in the crossing. D. It must be credited exclusively to the named payee’s account, regardless of any endorsement. Answer: B Explanation: Two parallel lines without a bank name constitute a general crossing. The cheque is not payable in cash directly across the counter to the holder; it is to be collected through a banker. Because no bank is specified, the crossing does not require routing through one particular named bank. The account-payee restriction is a separate crossing instruction and is not established merely by general crossing lines. Question 4 During a surplus-liquidity episode, the RBI absorbs overnight funds through the Standing Deposit Facility (SDF). Which operational implication follows most directly? Options: A. The SDF becomes the corridor ceiling, while the MSF becomes its floor. Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF https://www.easy-quizzz.com/in/ B. The SDF serves as the corridor floor and can anchor overnight rates near it. C. The SDF becomes the rate at which the RBI injects collateralised funds. D. The SDF automatically reduces banks’ CRR requirement and expands lending capacity. Answer: B Explanation: The SDF allows banks to place funds with the RBI and is the floor of the liquidity adjustment facility corridor. When surplus liquidity is abundant, overnight rates may gravitate towards this floor. The Marginal Standing Facility is the corridor ceiling, not the floor; the repo rate is the key policy rate. Absorption through the SDF does not itself change the CRR requirement or inject funds into banks. Question 5 A bank's four branches disbursed a total of 1,200 lakh. Branch B disbursed 20% more than A, C disbursed three-fourths of B, and D disbursed 180 lakh more than C. The disbursement of branch A was: Options: A. 240 lakh B. 270 lakh C. 255 lakh D. 300 lakh Answer: C Explanation: Let branch A's disbursement be x lakh. Then B = 1.2x, C = 0.75 × 1.2x = 0.9x, and D = 0.9x + 180. Adding the four amounts gives 4x + 180 = 1,200, so x = 255. A common error is to apply the three-fourths condition to A rather than to B, which changes C and therefore the total. Question 6 A listed company raises fresh equity capital from the public, while an existing shareholder sells some of their shares to another investor on the exchange. Which statement correctly distinguishes the two transactions? Options: A. Both transactions provide fresh capital to the company because they involve its shares. B. The public issue can provide funds to the company; the exchange sale transfers funds between investors. C. The exchange sale provides capital to the company, while the public issue transfers funds Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF https://www.easy-quizzz.com/in/ between investors. D. Neither transaction can provide funds to the company because both involve equity shares. Answer: B Explanation: When a company issues new shares, investors pay for newly created securities and the proceeds go to the company, making this a primary-market transaction. When an existing shareholder sells shares on an exchange, the buyer pays the selling shareholder; the company receives no sale proceeds. Both transactions involve the same company’s equity, but the source and recipient of funds distinguish primary issuance from secondary-market trading. Question 7 Rina receives a UPI collect request from an unfamiliar person who claims it is needed to send her a refund. The request asks her to enter her UPI PIN. Which response is safest? Options: A. Enter the PIN after checking that the displayed amount is zero B. Approve the request, then contact the sender to confirm the refund C. Decline the request and do not enter the PIN D. Share the PIN with the sender so they can complete the credit Answer: C Explanation: A UPI PIN is used to authorize a debit from the linked bank account; it is not required to receive money. Approving a collect request can authorize payment to the requester, even if the request is described as a refund. The safe response is to decline an unrecognized request and never disclose the PIN. A genuine incoming credit does not require the recipient to authorize a payment. Question 8 A bank’s lending app is operated by a lending service provider (LSP). Under RBI’s digital-lending requirements, the app proposes to collect the borrower’s EMI into the LSP’s pooled account and remit it to the bank the next day. Which correction is required? Options: A. The LSP may collect instalments if it remits them within one business day B. Repayment should ordinarily flow directly to the regulated entity’s account, not through an LSP pass-through account C. The LSP may retain the instalment until the next billing cycle if it provides a receipt Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF https://www.easy-quizzz.com/in/ D. The borrower must repay through a separate escrow account jointly controlled by the LSP and bank Answer: B Explanation: RBI’s digital-lending framework requires repayment to be made directly into the bank or other regulated entity’s account, rather than through an LSP’s pass-through or pool account. This reduces the risk that funds are diverted, delayed, or commingled. The LSP can facilitate the digital interface, but its operational role does not make it the proper recipient of the borrower’s repayment. A receipt or short remittance delay does not cure the routing problem. Question 9 Complete the sequence: 7, 13, 25, 49, 97, ___. Options: A. 191 B. 192 C. 193 D. 194 Answer: C Explanation: Compare consecutive terms: 13 7 = 6, 25 13 = 12, 49 25 = 24, and 97 49 = 48. The differences double each time, so the next difference is 96. Adding it to 97 gives 193. A common error is to continue doubling the terms themselves; the consistent pattern is in the differences. Question 10 For positive integers x and y, the required quantity is x + y. Determine whether the statements provide enough information. I. x + y = 17 II. xy = 60 Options: A. Statement I alone is sufficient, but II alone is not. B. Statement II alone is sufficient, but I alone is not. C. Both statements together are sufficient, but neither alone is sufficient. D. Each statement alone is sufficient. Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF https://www.easy-quizzz.com/in/ E. Even both statements together are insufficient. Answer: A Explanation: Statement I directly fixes the requested sum at 17, so it is sufficient. Statement II alone is not sufficient: for example, positive integer factor pairs of 60 include (1, 60), (2, 30), and (5, 12), giving different sums. Since one statement alone already determines the requested value, there is no need to combine the statements. Would you like to see more? Don't miss ourIBPS PO MT XVI Recruitment Exam Mock Test PDF file at: https://www.easy-quizzz.com/in/sarkari-exam/banking-exams/ibps-po-mt-xvi- recruitment-exam-mock-test-pdf/ Sarkari Exam Sarkari Exam IBPS PO MT XVI Recruitment Exam Mock Test PDF https://www.easy-quizzz.com/in/