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Staff Selection Commission Combined Graduate Level Exam

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Question : The ________ and _______ determine the corridor for the daily movement in the weighted average call money rate.

Option 1: Reverse repo rate, discount rate

Option 2: Marginal Standing Facility, reverse repo rate

Option 3: Liquidity adjustment facility, repo rate

Option 4: Bank rate, repo rate

Team Careers360 24th Jan, 2024

Correct Answer: Marginal Standing Facility, reverse repo rate


Solution : The correct option is Marginal Standing Facility, reverse repo rate.

The marginal standing facility (MSF) and the reverse repo rate determine the corridor for the daily movement in the weighted average call money rate. The MSF is the upper

13 Views

Question : What will a person get after 3 years at compound interest, when the principal is Rs. $S$ and the rate of interest is $2r$% per annum?

Option 1: Rs. $\frac{6Sr}{100}$

Option 2: Rs. $S(1+\frac{r}{100} )^{3}$

Option 3: Rs. $S( 1+\frac{r}{50} )^{3}$

Option 4: Rs. $3S( 1+\frac{r}{100} )^{3}$

Team Careers360 22nd Jan, 2024

Correct Answer: Rs. $S( 1+\frac{r}{50} )^{3}$


Solution : Given: Principal = Rs. $S$
Rate of interest = $2r$%
Time = 3 years
Formula : 
$A = P[1+\frac{R}{100}]^{n}$
Solution :
$A = S[1+\frac{2r}{100}]^{3}$
$A = S[1+\frac{r}{50}]^{3}$
Hence, the correct answer is $S[1+\frac{r}{50}]^{3}$.

8 Views

Question : Directions: Which one of the following words will appear third in the dictionary?
1. Immutable 2. Immigrate 3. Imperative 4. Impassioned

Option 1: Immutable

Option 2: Immigrate

Option 3: Imperative

Option 4: Impassioned

Team Careers360 23rd Jan, 2024

Correct Answer: Impassioned


Solution : Given:
1. Immutable 2. Immigrate 3. Imperative 4. Impassioned

Step 1: Compare the first and the second letters of each word. Since all the words have the same letter I and m, move on to the next letter.
Step 2: The third letter of each

37 Views

Question : A man spends 75% of his income. His income increases by 20% and his expenditure also increases by 10%. Find the percentage increase in his savings.

Option 1: 25%

Option 2: 50%

Option 3: 15%

Option 4: 10%

Team Careers360 22nd Jan, 2024

Correct Answer: 50%


Solution : Let his income be Rs. 100. Then, expenditure will be Rs. 75, and savings will be Rs. 25.
His income increases by 20% and the expenditure also increases by 10%.
New income =120% of 100 = Rs. 120
New Expenditure = 110% of 75 =

95 Views

Question : The strength of a school increases and decreases every alternate year by 10%. It started with an increase in 2000. Then, the strength of the school in 2003, as compared to that in 2000, was:

Option 1: Increased by 8.9%

Option 2: Decreased by 8.9%

Option 3: Increased by 9.8%

Option 4: Decreased by 9.8%

Team Careers360 25th Jan, 2024

Correct Answer: Increased by 8.9%


Solution : Given: The strength of a school increases and decreases every alternate year by 10%. It started with an increase in 2000.
Let the strength of the school in 2000 be 100.
Till the year 2003, it first increases, then decreases, and then increases

12 Views

Question : The following table shows the number of children in each house of a society.

Number of Children Number of Houses
0 7
1 7
2 13
3 3

What is the average number of children per house?

Option 1: 1.65

Option 2: 1.4

Option 3: 1.9

Option 4: 1.15

Team Careers360 23rd Jan, 2024

Correct Answer: 1.4


Solution : According to the data given in the table:
Total number of children = 0 × 7 + 1 × 7 + 2 × 13 + 3 × 3 = 42
Total number of houses = 7 + 7 + 13 + 3 = 30
So,

51 Views

Question : Directions: Select the option that is related to the fifth letter cluster in the same way as the second letter cluster is related to the first letter cluster and the fourth letter cluster is related to the third letter cluster.
ROAR : QZNQ :: HEAR : QZDG :: DAMP : ?

Option 1: MPAD

Option 2: OLZC

Option 3: BCOA

Option 4: PMAD

Team Careers360 23rd Jan, 2024

Correct Answer: OLZC


Solution : Given:
ROAR : QZNQ :: HEAR : QZDG :: DAMP : ?

Subtract 1 from the place value of each letter of ROAR and HEAR and shuffle their position, to get the required codes –

Thus, ROAR is coded as QZNQ.

Thus, HEAR is coded

11 Views

Question : Directions: If a mirror is placed on line AB, which of the answer figures is the right image of the given figure?

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 22nd Jan, 2024

Correct Answer:


Solution : As per mirror image properties, closer things appear close to the mirror in reflection.
According to the information provided, if the mirror is placed on the left side of the figure (on line AB), the right of the reflected image will appear as the left,

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