Saturday 27 July 2013

Reviews on RBI Assistants Exam Held on July 27th 2013

Friends, here are the reviews and some questions asked in today's (27-07-2013) RBI Assistants Exam shared by Vignesh Ramanathan and Manu Reddy. Hope these will helpful for those people who are going to write the exam tomorrow. We are thankful to Mr Viki and Manu Reddy for their valuable support.

Review shared by Vignesh Ramanathan

Reasoning : Was quite easy, Questions were 4m input-output,coding-decoding,syllogisms,
data sufficiency(height,weight comparison),seating arrangement, test of inequality etc.

Numerical : This part was little tough for me.There was no time for me to solve these prob. Try to solve this section by
first itself ppl so that you wont get much tensed at last. Questions are from mensuration,number analogy, BODMAS rules
(square,cube,square root,exponential) etc. I got tensed after seeing these questions. Took too much time.

English : Quite easy, Nothing to worry on this section

Computer Knowledge : Easy, Just basics.

General Knowledge : Around 20 questions were quite easy.

Some of them I remember are
1.rbi has approved white label ATM to how many companies?
2.SAARC head quarters?-nepal
3.nobel prize winner from INDIA for eonomics?-amartya sen
4.Fiscal Deficit meaning.
5.which country bought oil from Nigeria to a large extent?
6.Maximum CRR ratio?? its 20%
7.Best movie in film fare 6oth awards?
8.2013 FIFA Confedrations cup winner-brazil
9.some questions on GDP,liabilites
10.LIC policy names
11.which bank has been subjected to money laundering fine 2013-hsbc

Thats it as of I remember now, but questions were not too hard like last week.

All the best guys .hope it helped a little.

Review shared by Manu Reddy

Attempted today's RBI Assistant exam in the morning shift.

Reasoning : Easy,Input-output is a bit long.
English : Easy,Paragraph is a bit difficult.
Numerical Ability : Its tough,more complex simplifications.
General Knowledge : Questions were a bit twisted,not much banking awareness,nearly 30 questions on current affairs.
Computer Awareness : Its easy,read the questions carefully.

No 'None of these' options, I mean five options were given but none of these is replaced with another option.So,every question has a correct option in the options itself.

Overall toughness is high compared to Sbi or Ibps clerks(in two-three categories).

RBI should have provided model online exam.

10:54 - By Unknown 0

Comparison Test of Reasoning

Friends, Comparison Test is one of the promising areas of Reasoning Section of Banking and other Competitive Exams. We are all good at Comparisons but problem is we often confuse while doing these type of problems. In this post we will try to help you solving comparison problems easily with some shortcut techniques. As all of you know, comparison is expressed in phrases like "is greater than", "is less than", "is equal to" etc. We have mathematical symbols to express the above mentioned comparisons.

Greater Than --------- >

Less Than --------- <

Equal to --------- =

You can avoid the confusion by using these symbols while dealing with the test of comparison. It not only reduces the confusion and saves the time, but also helps your mind to pick the correct answer quickly.

In my childhood I had a big confusion between the symbols > and <. Which one is used for which. Then my uncle told me a technique to avoid confusion. That is., the bigger side represents the greater value.

See the symbols carefully. Its just appear like an Arrow head / tip >

The bigger side represents the greater number and the smaller side (tip) represents the smaller number.

Now lets discuss some problems on Comparison Test.

1. Vikas is taller than Shyam but shorter than Umesh. Umesh is taller than Rajitha but shorter than Ganesh. Shyam is taller than Rajitha. Now say who is the shortest person in the group ?

Solution :

To save time just pic the first letters of the names to perform operations,

Vikas is taller than Shyam, that means V > S

Vikas is shorter than Umesh, that means V < U

So, you can write them as U > V > S -----------(1)

Umesh is taller than Rajitha, that means U > R

Umesh is shorter than Ganesh, that means U < G

So, you can write them as G > U > R ------- (2)

Shyam is taller than Rajitha, that means S > R ------ (3)

from 1, 2 and 3 you can say,

G > U > V > S > R

Here, R represents Rajitha. So, she is shorter.

Note : To make the concept clear and easy to understand, we made these many steps with equations. But this is very simple process. You just should take the decisions with a glance and should only write the final result on the paper.

2. Five of my friends wrote IBPS PO Exam.

Alok got good rank than Suresh.
Surech got good rank than Prakash.
Alok's rank was not as good as Nikhil's.
Kabir secured a rank between Alok and Suresh.

Now who has more chances for the selection ?

Solution :

A > S
S > P
A < N (or) N > A
K is in the middle of A and S. But from statement 1 we know that A is greater than S. So,

A > K > S

so finally, N > A > K > S > P

So, Nikhil has good chances of selection.

3. In a group of 5 girls, Kamini is the second tallest girl. Pooja is taller than Mounika. Roopa is tallest among all. Neelam is taller than Pooja. If we make them stand in ascending order (according to their heights), who stands at the second position ?

Solution :

K is 2nd tallest
P > M
R > among all (so she is first, we already know that K is second)
N > P

So, R > K > N > P > M

here K is in second position. So the answer is K, right? wrong.

Read the question carefully. They've mentioned that the girls stand in ascending order (that means short to tall). But above we have arranged them tall to short. So the answer will be P

4. A is taller than B, C is taller than D. D is taller than B. So who is the tallest person in the group ?

Solution :

According to the given data,

A > B

C > D

D > B

so, A > B and C > D > B

here, we know that A is taller than B and C, D are also taller than B.

But here A may be taller than C and D or shorter than Them. Or it may be between C and D. We can't make exact relation between the heights of A, C and D. So here we cant say the answer.

5. Amit and Sumit are twins. Richa is younger than Sumit. Richa is younger than Jyothi but older than Sourabh. Sumit is younger than Jyothi. Who is the oldest among all ?

Solution :

Here, there are two names starting with the same letter S (Sumit and Sourabh). So to avoid confusion treat Sumit as Su and Sourabh as So.

A and S are twins, so A = Su

According to the given data, J > A = Su > R > So

So, Jyothi is oldest among all.

6. A group of friends have gold coins. Ramu has a gold coin which is heavier than Mohan's and Valuable than Ramesh. The value of Naresh is more valuable than Ramu's. Naresh has a coin which is lighter than Yogesh. Mohan's coin is cheaper than Ramesh's. Who's coin is more valuable ?

Solution :

Note : Here you have two similar names Ramu and Ramesh. Both are starting with letters Ram. So here you can take them as Rm and Rh

The main intention of the above problem is to make you confused. Some times they mentioned about weight and some times the value. But here the point is the value of the gold depends on its size. The more heavier the coin, the more value it gets.

So,

Rm > M

Rm > Rh

N > R

Y > N

Rh > M

according to above equations,

you can say Y > N > Rm > Rh > M

So, the coin of Yogesh is more valuable.

7. P is heavier than T but lighter than M. N is lighter than S and T. Q is heavier than D but lighter than N. S is not heavier than M. Who is the heaviest among all ?

Solution :

Here we can arrange them in 3 ways,

M > P > T > S > N > Q > D or

M > P > S > T > N > Q > D or

M > S > P > T > N > Q > D

In all combinations, M is the heaviest among all.

Note : If they ask you about the second / third / fourth heaviest person in the group, you Can't say the answer.

8. Pooran has more bank balance than Sushma but lesser than Singh. If the bank balances of Pooran, Sushma and Singh are X, Y and Z, then which of the following equations is correct ?

X < Y < Z
Y < X < Z
Z < X < Y
X < Z < Y

Solution :

2) Y < X < Z

9. Sita, Malathi, Reshma, Mary and Kamala are going on a safari. For every 5 Kilometers they planned to change the leader according to the Alphabetical Order. And planned to take a tea break for every 10 Kilometers. If they start with Kamala, then who will be the leader of the group after second tea break ?
Solution :

If we arrange their names in alphabetical order,

K Mal Mar Re Si
1 2 3 4 5

They start with Kamala as their leader.

After 5 kilometers Malathi will be the leader.

After 5 kilometers First Tea break.

After 5 kilometers Mary will be the leader

After 5 kilometers Second Tea break, (still Mary is the leader)

so the answer is Mary.

10. Amar, Akbar, Antony and Peter are participating in a running race. Amar can run faster than Akbar, but cant run faster than Peter who cant run as fast as Antony. Now answer the following questions.

Who is the fastest runner among all ?
Who is slower among all ?
Who comes second in the race ?

Solutions :

According to the given data,

An > Pe > Am > Ak

1. Antony

2. Akbar

3. Peter

That's all for now friends. You can read more reasoning shortcut techniques from here. Happy Reading :)

00:11 - By Unknown 0

Utkal Grameen Bank Final Results of Officers Scale I Out

Utkal Grameen Bank, the Regional Rural Bank of Odisha Sponsored by Govt. of India, Govt. of Odisha and State Bank of India, has announced the names of selected candidates for appointment in the post of Officers JMG Scale I Cadre under direct recruitment channel on the basis of performance in CWE and interview. The selected candidates have to report personally at Personnel Department, Head Office, Bolangir on 5th August 2013 at 10.00 a.m. with all the required documents for verification. Check remaining details below.

Check the list of selected candidates for the post of Officers Scale I from here

Download Appointment Offer Letter from here

Check complete details of Officers Scale I Recruitment from here

Important Note : If the candidate fails to report on the stipulated date, time & venue along with all the requisite documents, his/her candidature for the above mentioned post will stand automatically cancelled/rejected.

Thanks to Anil Paul Cuc for the update

00:09 - By Unknown 0

Thursday 25 July 2013

Ratio and Proportion Practice Problems with Solutions

Friends, in our last post we have discussed about the basic concepts and some shortcut techniques of Ratio and Proportion Problems. In this post we shall discuss some model practice problems.

1. Rs. 630 is to be distributed amongst Ramu and Kiran in the proportion 7:11. How much would Kiran get ?

Solution :

Total amount = 630

So, total parts = 7+11 = 18

Second part (Kiran's share) = 630 x (11/18) = Rs. 385

So the answer is Rs. 385

if they asks for Ramu's share then

Ramu's share = 630 x (7/18) = Rs. 245

2. The ratio of two numbers is 3 : 4. The L.C. M of the numbers is 180. What are those numbers?

Solution :

Say required numbers are 3k, 4k

the L.C.M of 3k, 4k is = 12k

So, 12k = 180 => K = 15

So, required numbers 3k = 3 x 15 = 45

4k = 4 x 15 = 60

3. The ratio of two numbers is 5:7. If you subtract "3" from those numbers, the ratio is 2:3. What are those numbers?

Solution :

Say, the required numbers are 5k, 7k

then (5k-3) / (7k-3) = 2 / 3 [according to the given data]

=> 15k-9 = 14k - 6

=> k = 3

So, required numbers are 15 and 21.

Shortcut Technique :

1st ratio = 5 : 7 2nd ratio = 2:3

1st number = (3 x 5) / (15 - 14) = 15

2nd number = (3 x 7) / (15 - 14) = 21

4. The ratio of two numbers is 4 : 5. The difference between those squares is 81. What are those numbers ?

Solution :

Say the required numbers are 4k, 5k

then (5k) ²-(4k)² = 81

9k² = 81

= > k² = 9 => k = 3

So, required numbers 4 x 3 = 12 and 5 x 3 = 15

5. In a committee of 48 members, the ratio of Men and Women are 3 : 1. How many women should join the committee to make the ratio 9 : 5 ?
Solution :

The total members of the committee = 48

The ratio of Men and Women are = 3 + 1 = 4

Total number of men = 48 x (3/4) = 36

Total number of women = 48 x (1/4) = 12

say the required women are k.

So, total women will be 12+k

so, 36 / (12+k) = 9 / 5

then 9 (12 + k) = 36 x 5

= > 108 + 9k = 180 => k = 8

So, the number of required women is 8

Shortcut Technique :

The number of Required women = 48 / ((9-5) + 3-1)) = 8

6. A: B = 2 : 3, B : C = 4 : 5 and C : D = 5 : 7. then A : B : C : D is ?
Solution :

To equate the ratios, the B terms and C terms should be same. But here the value of Bs in the first ratio and second ratio are not equal. In the same way, the values of Cs in the second and third ratios are not equal. SO you should equate them first.

A : B = 2 : 3
you can write this ratio as 8 : 12 (just multiplied both sides with 4)

B : C = 4 : 5
you can write this as 12 : 15 (multiplied both sides with 3)

C : D = 5 : 7
you can write this as 15 : 21 (multiplied both sides with 3)

So,

A : B : C : D = 8 : 12 : 15 : 21

Shortcut Method :
A : B : C : D =

(2 x 4 x 5 ) : ( 3 x 4 x 5 ) : (3 x 5 x 5) : (3 x 5 x 7)

= 40 : 60 : 75 : 105

by simplifying them you will get,

8 : 12 : 15 : 21

7. The ratio of milk and water in a mixture of 50 liters is 3 : 2. How many liters of water should we add to make this ratio 2 : 3 ?
Solution :

Milk in the 50 liters mixture = (3 / (3+2)) x 50 = 30 Liters

Water = 50 - 30 = 20 Liters

assume that you should mix K liters of water to make the ratio 2 : 3

that means (30 / (20 + k)) = 2 / 3

2k + 40 = 90

=> k= 25 Liters

Shortcut Method :

Required quantity of water

= ( 50 * (3² – 2²) / (2 * (3+2)) = 25 Liters

8. If we subtract a number from 8 : 13, it became 3 : 5. What is that number ?
Solution :

Say the number is K,

so,    (8-k) / (13-k) = 3/5

=> 3 (13-k) = 5 (8-k)

=> 39 - 3k = 40-5k

=> 5k - 3k = 40-39

=> k = 1/2

9. The total of two numbers is 49. And the ratio between those two numbers is 2:5. What are those numbers?
Solution :
Assume that those two numbers are 2, 5        (as they are in the ratio of 2:5)
So, the total of those numbers is = 2+5 = 7

But, given that the total is 49

so, the first number is = (2/7)*49 = 14

as you got the first number, the 2nd number is
(14*5) / 2 = 35          [or you can try (5/7)*49]

10. In an army there are 2100 Soldiers. They have food reserves for 50 days. Some people among them left on leave. Now they can utilize their food reserves for 75 days. How many soldiers left on leave?
Solution :

Assume that the soldiers who left on leave are K

So,

Soldiers                    Days
2100                          50
2100 - k                     75

if the number of soldiers reduces, the number of days increases. Then,

75 : 50 :: 2100 : (2100 - k)

(75/50) = ((2100/ (2100-k))

4200 = 6300 - 3k

=>3k = 2100 => k = 2100/3 = 700

Shortcut Method :
Soldiers left on leave are = (A ( B- C)) / B

here, A = 2100
B = 75 and C = 50

=> (2100 (75-50)) / 75

= (2100 x 25) / 75 = 700

That's all for now friends. If you have any doubts on the methods explained in this post, then feel free to clarify your doubts by using the comments section below. In our next post we shall discuss more model practice problems on Ratio and Proportion which are of higher difficulty level. All the Best and Happy Reading :)

10:08 - By Unknown 0

Punchlines / Taglines / Slogans of Banks

The Punchline / Tagline / Slogan of an organization is a short, often memorable phrase used in advertising campaigns. The main purpose behind these Punch Lines / Tag Lines is to emphasize a phrase that the company wishes to be remembered by and to convey the main purpose of the company. A successful Punchline helps the organization to sum up the tone and premise of a brand or product of that Organization. Here is a list of Slogans / Punchlines / Taglines of Indian Banks ( both Nationalized and Private) shared by Punyasloka Mohapatra. We hope this will be helpful for you in your preparation of upcoming competitive exams. All the Best.

List of Taglines / Punchlines / Slogans of Banks

Name of the Bank

Punch line

Allahabad Bank

A tradition of trust

Andhra Bank

Much more to do. With YOU in focus

Bank of Baroda

India's International Bank

Bank of India

Relationships beyond Banking

Bank of Maharashtra

One Family One Bank

Bank of Rajasthan

Together we Prosper

Canara Bank

It's easy to change for those who you love, Together we Can

Central Bank of India

Build A Better Life Around Us, Central to you since 1911

Corporation Bank

Prosperity for all

Dena Bank

Trusted Family Bank

Federal Bank

Your Perfect Banking Partner

HDFC

We Understand Your World

HSBC

World’s Local Bank

ICICI Bank

"Hum Hai na..."

IDBI Bank

Banking for all; Not just for Big boys; "Aao Sochein Bada"

Indian Bank

Taking Banking Technology to Common Man, Your Tech-friendly bank

Indian Overseas Bank

Good people to grow with

J & K Bank

Serving to Empower

Karur Vysya Bank

Smart way to Bank

Lakshmi Vilas Bank

The Changing Face of Prosperity

Max New York Life Insurance

Your Partner for Life; "Karo Zyaada Ka Iraada"

Oriental Bank of Commerce

Where every individual is committed

Punjab National Bank

The Name you can Bank Upon

State Bank of India

The Nation banks on us; Pure Banking Nothing Else; With you all the way

State Bank of Hyderabad

You can always bank on us

State Bank of Mysore

Working for a better tomorrow

State Bank of Patiala

Blending Modernity with Tradition

State Bank of Travancore

A Long Tradition of Trust

South Indian Bank

Experience Next Generation Banking

Syndicate Bank

Your Faithful And Friendly Financial Partner

The Economic Times

Knowledge is Power

UCO Bank

Honors Your Trust

Union Bank of India

Good people to bank with

United Bank of India

The Bank that begins with “U”

Vijaya Bank

A Friend You can Bank Upon

Yes Bank

Experience our expertise

01:26 - By Unknown 0

Wednesday 24 July 2013

Ratio and Proportion Shortcuts Introduction

Ratio and Proportion Shortcuts - Introduction

When two things are of the same kind, we often compare them with one another. In initial days I used to compare the number of facebook likes of my blog with my opponents' blogs. My sister compares her height, my uncle compares his salary and my brother compares his backlog subjects with others. Often this comparison is expressed in phrases like "is greater than", "is less than", "is multiple of" etc.

Assume that in a cricket match, Ramesh scored 17 runs, while Suresh amassed 51 runs in an inning of cricket. Then you can say,

Suresh scored 34 runs more than Ramesh or Ramesh scored 34 runs less than Suresh.
Suresh scored three times as many runs as Ramesh or Ramesh scored only one third of the runs made by Suresh.

We don't have any issues with the option 1. But in the option 2, we are just finding the ratio between the two given numbers.

In simple words, we are just trying to find out the ratio between the two given quantities (assume them X and Y).

Here the condition is, the value of Y should be always greater than zero (Y>0).

Ratio : A "ratio" is just a comparison between two different things. To find the ratio of the first number to the second, we find "What multiple of the second number is the first number?". This is done by dividing the first number by the second one.

For example, the ratio between 20 and 32 is

= 20 / 32 = 5/8

The ratio of 60/80 = 6/8

Here you can write the phrase "the ratio of X to Y" as "X : Y". You should read it as "X is to Y"

While finding out the ratio of the given numbers, you should keep the following points in your mind :

The quantities should be of same kind. You cant find out the ratio between 2 kg Iron and 1 liter Milk.
These quantities in the ratio are called Terms

The first term in ratio is called Antecedent and
the second term is called Consequent.

We represent ratios in numbers. There are no units for this.
If somebody says, the ratio of the two numbers is X : Y, then that doesn't means the first number should be X and the second number should be Y. The numbers may be CX : CY (here C is a non zero constant which is a multiple of X and Y).
The ratio is always same. If you divide / multiple the numerator and denominator with the same number then the value should be same.
The ratio will change if you add or subtract a number from both numerator and denominator.
Percentage is a special kind of ratio. You can treat it as the ratio which is having its second term as 100.
Two ratios a : b and c : d (or a/b and c/d) are said to be equal if a x d = b x c.
If two ratios are X : Y and Y : Z, then you can simply write them as X : Y : Z.

From the above description, we can derive some types of ratios. Those are :

Duplicate ratio : The ratio of the squares of the two numbers.

16 : 25 is the duplicate ratio of 4 : 5.

Triplicate Ratio : The ratio of the cubes of the two numbers.

64 : 125 is the triplicate ratio of 4 : 5

Sub-duplicate Ratio : The ratio between the square roots of the two numbers.

4 : 5 is the sub-duplicate ratio of 16 : 25.

Sub-triplicate Ratio : The ratio between the cube roots of the two numbers.

4 : 5 is the sub-triplicate ratio of 64 : 125.

Inverse ratio : If the two terms in the ratio interchange their places, then the new ratio is inverse ratio of the first.

9 :5 is the inverse ratio of 5 : 9.

Compound ratio : The ratio of the product of the first terms to that of the second terms of two or more ratios.

The compound ratio of 3/4, 5/7, 4/5, 4/5 is 9/35

Proportion :

Proportion is nothing but the equality of two ratios (fractions). As we have mentioned above, If X : Y = Z : K, we write X : Y :: Z : K and we say that X, Y, Z and K are in proportion.

Confused ? Lets try to understand this with a simple example. You went to market to buy some eggs. The person who sells eggs tells you the price of eggs is Rs. 48 a dozen (12 eggs). But you don't want 12 eggs. You just need 6. So, you just will pay Rs. 24 to buy Half of the dozen. Right?

Hey wait, how did you determine their cost?

As you need half of the eggs, you just reduced the cost to the half. So, the cost of 6 Eggs is half of 48. i.e., 24. That's it. This is called Proportion :)

Technically you can say that the numbers a, b, c and d are in proportion if a/b = c/d.

Here a, b, c and d are called proportionals (first, second, third and fourth).

Ex :

The numbers 5, 6, 10 and 12 are in proportion. Because 5:6 = 10:12

you can write them as 5:6::10:12

Types of Proportions are :

Continued Proportion : In the proportion 8/12= 12/8 8, 12, 18 are in the continued proportion.
Fourth proportion : If a : b = c : x, then x is called fourth proportion of a,b and c. So we can say that the fourth proportion of a, b, c = b x c / a
Third proportion : If a : b = b : x, then x is called third proportion of a and b. So we can say that the third proportion of a, b = b²/a.
Second or Mean proportion : If a : x = x : b , then x is called second or mean proportion of a and b. So we can say that the mean proportion of a and b = root(ab)

Some important points you should keep in mind while dealing with Proportions :