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Q #16
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Directions: These questions are based on the following chart which expresses the ratio of the cumulative deposits over different time horizons mentioned to the total asset base of the bank (which remained constant for the entire period). The chart gives the ratio for 5 time horizons for two banks, PNB and BOB.

If the total asset base of BOB is Rs.500 crores and that of PNB is Rs. 750 crores, then the difference between the cumulative deposits of the two banks for the ‘less than 6 months time horizon’ is :

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Explanation: 0.13 x 7.50 – 0.18 x 500 = 97.5 – 90 = 7.50

Q #17
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Directions: These questions are based on the following chart which expresses the ratio of the cumulative deposits over different time horizons mentioned to the total asset base of the bank (which remained constant for the entire period). The chart gives the ratio for 5 time horizons for two banks, PNB and BOB.

The total asset base of PNB is 10% higher than that of BOB for both the current year as well as the next year while the growth rate of the total asset base this year is 15% for BOB. 

  1. The cumulative deposits of BOB in the current year for the ‘less than 5 years time horizon’ is higher than the cumulative deposits of PNB for the next year for the same time horizon.
  2. In the next year the total asset base of BOB is higher than that of PNB by approximately 10%.
  3. The cumulative deposits of PNB for the ‘less than 3 months time horizon’ in the current year is higher than that of PNB for the ‘less than 6 months time horizon’ in the next year.

If the total asset base of PNB fell by 5% in this year, then which of the statements is/are true?

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Explanation: Let total asset base of BOB in current year = 100 Let total asset base of PNB in current year = 110 ⇒ Total asset base of BOB next year = 115 and Total asset base of PNB next year = 104.5 Statement I Deposits of BOB current year for < 5 years = 65 Deposit of PNB next year for < 5 years = 62% of (104.5) = 63.89 ∴ Statement is true Statement II Total asset base of BOB is 115 which is approximately ≅ 10% higher than PNB total asset base for next year ⇒statement II is true Statement III For less than 3 months PNB asset base in current year = 11 Less than 6 months of PNB next year = 13% of 104.5 ≅13.58 ∴ Greater than 11 So statement III is wrong.

Q #18
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Directions: These questions are based on the following chart which expresses the ratio of the cumulative deposits over different time horizons mentioned to the total asset base of the bank (which remained constant for the entire period). The chart gives the ratio for 5 time horizons for two banks, PNB and BOB.

By what percent do the deposits of BOB during the 1 to 3 years time period exceed its cumulative deposits for the ‘less than 1 year time horizon’?

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Explanation: Denominator is common. So you can work with the ratio itself. 1 – 3 yr time period for BOB = 65% - 25% = 40% < 1 yr time period for BOB = 25% exceeds by → (40% - 25%)/25% = 15/25 x 100 = 60%

Q #19
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Directions: These questions are based on the following table which provides the profile of the batch of students of 2001 at IIM Bangalore.

If all but 9 girls have no work experience, then the boys with no work experience at all form what percentage of the total students?

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Explanation: Total number of girls = 33 with work experience = 9 ∴ No work experience = 24 girls Boys with no work experience = 88 – 24 = 64 ∴percentage of boys with no work experience = 64/180 x 100 = 35.5% Roughly 33%, ∴ choice between A or B, Divided 64 by 18 for accurate answer.

Q #20
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Directions: These questions are based on the following table which provides the profile of the batch of students of 2001 at IIM Bangalore.

If all the commerce and arts graduates in the batch take finance as their specialization, what percentage of the batch comprises of finance specialists?

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Explanation: All commerce and arts graduates take finance as specialization but nothing mentioned about others not taking finance.