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IBPS PO 2016 — solved question paper

18 IBPS PO 2016 questions with worked solutions.

Q1. Rather than getting support from most of the industry, what would have been the reason that some of them declared it a draconian scheme?

  1. I only
  2. I and II only
  3. II and III only
  4. I, II and III

Answer: I and II only

The criticism was mainly due to the sudden announcement without enough time for people to arrange cash and the hardships it caused in daily life. Statement III is not a reason for calling it draconian; in fact, stopping black money would be a positive objective. Hence, only I and II are correct.

Q2. Statement: However, the market participants are eagerly waiting for a possible change in GDP growth forecast, inflation target for FY17, along with the RBI's commentary on foreign exchange reserves as around 30 billion of foreign currency non-resident bank deposits are maturing in September. In its April review, the RBI had slashed the repo rate, the rate at which banks borrow from the central bank, by 0.25 percent to 6.50 percent, to a more than five-year low. Since January 2015, the RBI has cut its repo rate by 150 basis points or 1.5 percent. Question: Which of the following negates the above steps taken by the RBI?

  1. The Consumer Price Index (CPI), which is closely watched by the RBI in order to set interest rate policy, jumped to 5.39 percent in April vs 4.83 percent in March.
  2. Global crude prices hitting a 12-year low of below 27 dollars a barrel in January 2016 made a strong case for rate cuts for RBI.
  3. Loans and EMI will become cheaper for retail loans.
  4. None of these.

Answer: None of these.

The passage describes RBI’s repo-rate cuts, which are a monetary easing step. Options A and B provide reasons or context related to inflation and crude prices, while C is a consequence of rate cuts, not a negation. Hence, none of the given statements directly negates the RBI’s steps.

Q3. According to the APEDA Report 2011–16, which of the following commodities saw the maximum export in terms of volume?

  1. Basmati rice
  2. Buffalo meat
  3. Non-Basmati rice
  4. Fruits and vegetables

Answer: Buffalo meat

APEDA data for 2011–16 shows that buffalo meat had the highest export volume among the given commodities. It is a major export item in terms of quantity. Therefore, the correct answer is Buffalo meat.

Q4. What was the projected growth for India by the World Bank for 2016–17?

  1. 7.00%
  2. 7.60%
  3. 7.80%
  4. 8.00%

Answer: 7.60%

The World Bank projected India’s growth at 7.6% for 2016–17. This was a commonly asked current-affairs economy fact in banking exams.

Q5. Statement: In 2016, the Government of India put a ban on all Rs. 500 and 1000 notes in an effort to curtail the shadow economy and impede the use of illegal and fake currency that funds illegal activities and terrorism. Arguments: I. This was the best way to tackle corruption and to stop the use of counterfeit cash. II. Demonetisation looks like a bad idea, badly executed on the basis of some half-baked notions.

  1. Only I is strong
  2. Only II is strong
  3. Both are equally valid
  4. None are valid

Answer: Both are equally valid

Both arguments are relevant to the issue of demonetisation and express clear viewpoints. Argument I supports the measure as a way to curb corruption and counterfeit currency, while Argument II opposes it by criticizing its implementation and rationale. Hence, both are considered strong in this type of question.

Q6. Who has become the first batsman to score 1000-plus runs in an innings in any form of cricket?

  1. A.B. de Villiers
  2. Virat Kohli
  3. Younus Khan
  4. Pranav Dhanawade

Answer: Pranav Dhanawade

Pranav Dhanawade made headlines for scoring 1009 not out in a school cricket match, becoming the first batsman to cross 1000 runs in an innings. This made him the correct answer among the options.

Q7. Why does every decision concerned with Pakistan mention Islamabad?

  1. It's the base of most terrorist camps in Pakistan.
  2. It is the capital of Pakistan.
  3. It houses all nuclear facilities of the country.
  4. Islamabad was the place subjected to the famous surgical strikes.

Answer: It is the capital of Pakistan.

Islamabad is mentioned because it is the capital city of Pakistan, where the central government and key officials are based. Hence decisions concerning Pakistan are often referred to through Islamabad.

Q8. In one of the historical reforms of the economy of India, Rs. 500 and Rs. 1,000 notes were banned. This was one of the boldest moves by the Government of India, announced over a 40-minute speech. Most of the industry and commoners alike reacted to this decision to curb corruption with overwhelming support. Whereas some sections were of the opinion that it was a draconian scheme causing hardships to people. A recent study had pegged India's black-market economy at over ₹30 lakh crore, or about 20 percent of total GDP. This is even bigger than the GDP of countries like Thailand and Argentina. Rather than getting support from most of the industry, what would have been the reason that some of them declared it a draconian scheme? (I) It was declared without giving time to people to withdraw ample cash for their use. (II) It had caused certain hardships in daily activities. (III) It stopped the earning of black money for the majority of the people.

  1. Only II and III
  2. Only III
  3. Only I and II
  4. Only I and III

Answer: Only I and II

The criticism was mainly about the sudden announcement and the hardships caused in daily life, especially cash shortages and disruption. Stopping black money is the objective of the move, so it would not be a reason for opponents to call it draconian.

Q9. Total profit earned by all in 2016 is Rs. 4,45,500, and the ratio of investment made by A and B together to the investment made by B and C together is 31:52. Find the difference between the profit made by A and C in 2016.

  1. 153000
  2. 148500
  3. 166000
  4. 170000

Answer: 148500

Since profit is proportional to investment, the ratio of (A+B) to (B+C) helps determine the relative shares of A, B, and C. Using the total profit and the given ratio, the difference between A's and C's profits comes out to Rs. 1,48,500.

Q10. Which of the following will be the code for 'pure water spa tune'?

  1. *A3 %E4 @R5 *E4
  2. @R5 *E3 %A4 #E4
  3. %A4 #E4 @R4 *E4
  4. %E4 @R4 #E4 *A3
  5. *A3 %E4 @R5 #E4

Answer: *A3 %E4 @R5 #E4

The code pattern for each word follows a fixed symbol-number mapping. Matching 'pure', 'water', 'spa', and 'tune' in order gives the sequence *A3 %E4 @R5 #E4.

Q11. If 'solution farm grain seem' is coded as '*N8 %M4 @N5 #M4'. Then what is code for 'plants means grain seem'?

  1. #S6 *5 %M4 #N5
  2. %A4 #E4 @R4 *E4
  3. @N5 #S6 *5 %M4
  4. *S5 %M4 #N5 @S6
  5. None of these

Answer: None of these

Pattern: symbol (unique per word) + second-last letter of the word + number of letters. solution→*N8, farm→%M4, grain→@N5, seem→#M4. For 'plants means grain seem': grain and seem retain @N5 and #M4. plants(6 letters, 2nd last=N)→@N6 (new symbol needed), means(5 letters, 2nd last=N)→new code. None of the given options match correctly.

Q12. Direction (17–21): Read the given information carefully and answer the question. Ten people G, H, I, J, K, L, W, X, Y and Z live in a building with four floors. Each floor has three flats—Flat 1, Flat 2, and Flat 3—from left to right. The ground floor is numbered Floor 1 and the topmost floor is Floor 4. Each flat is built such that Flat 1 of Floor 2 is directly above Flat 1 of Floor 1, and so on. The two flats in which no one lives are on an even-numbered floor and in an even-numbered flat. G does not live on an even-numbered floor and in an even-numbered flat. W lives in the flat just above H. The flat between K and X is vacant, and K lives in one of the flats above X. L lives in an odd-numbered flat which is to the left of X. Z and Y live on the same floor, and no one else lives on that floor. G lives on a floor and in a flat just above W’s floor and flat. I live on one of the floors on which one flat is vacant. Z and I both live in Flat 1. Who is living just above X?

  1. K
  2. G
  3. J
  4. Z
  5. No one

Answer: No one

The clues force a unique floor-flat arrangement. Once Z and Y are placed together on a floor and the vacant flats are fixed on an even floor and even flat, the positions of K, X, W, H, and G become constrained. In the final arrangement, no person is located directly above X.

Q13. Which of the following negates the motive behind the decision taken by the Government of India?

  1. Only I
  2. Only I and III
  3. Only II
  4. Only II and III

Answer: Only I and III

The motive behind the decision was to curb corruption and black money. Statement I suggests corruption is already low, which weakens the need for such a move, and Statement III shows black money being seized, which also undermines the stated motive. Statement II supports the motive because it shows a corruption case, so it does not negate it.

Q14. It is not often that professional footballers retire from internationals at the peak of their game. When the 29-year-old Lionel Messi, widely reckoned to be the most skilled footballer today, announced after the 2016 Copa America Final against Chile that he would not wear the Argentinian shirt again, the took by surprise everyone. It is not clear if he has made the retirement call in the heat of the moment. The came after Messi failed, yet again, to win a major title with the Argentinian team; he also missed a crucial penalty in the shootout against Chile after efficient but goal-less play in regulation and extra time. In fact, Messi’s overall international record with Argentina has been good, if not spectacular. With him, the team has reached the finals of four important tournaments: the World Cup in 2014 and the Copa America in 2007, 2015 and 2016. According to the given question, you have to decide which of the statement is/are strong on the basis of the given passage:- After defeating in Copa America Final, Should Messi continues his international career for two years more? I. Yes, because it is the only way he can prove himself to the world as a challenging person. II. No, It is his personal decision to play no more for Argentina and as a player he gave a lot of contribution to his nation. So we should respect his decision. III. No, because Messi’s record as a player of Barcelona is quite better than as a player of Argentina. So he should focus on one side rather than playing for both of them. (a) Only II & III are strong (b) Only I & III are strong (c) Only II is strong (d) Only III is strong (e) None is strong

  1. Only II & III are strong
  2. Only I & III are strong
  3. Only II is strong
  4. Only III is strong

Answer: Only II is strong

Statement II is the only balanced argument because it respects Messi’s personal choice and his contribution to the country. The other two are weak: one is based on an unnecessary emotional claim, and the other compares unrelated career records instead of addressing the retirement decision.

Q15. Directions (22-24): Each question consists of four statements followed by five conclusions. Consider the given statements to be true even if they seem to be at variance with commonly known facts. Read all the statements and then decide which of the given conclusions does not logically follow from the given statements using all statements together and mark that conclusion as your answer. Statements: Some pencils are kites. Some kites are desks. All desks are cup. All cup are tea. Conclusions: (a) All tea are cup is a possibility. (b) Some cup are definitely pencils (c) Some tea are desks. (d) Some cup are kites.

  1. All tea are cup is a possibility.
  2. Some cup are definitely pencils
  3. Some tea are desks.
  4. Some cup are kites.

Answer: Some cup are definitely pencils

From the statements, pencils connect to kites, and kites connect to desks, which then connect to cup and tea. But nothing forces any cup to be a pencil, so the conclusion that some cup are definitely pencils does not follow.

Q16. Statements: Some boards are paper. All clips are papers. Some papers are Lanes. All lanes are roads. Conclusions: (a) Some roads can be boards (b) Some lanes are papers (c) Some boards are clip (d) All roads are clips (e) Some roads are paper

  1. (a) Some roads can be boards
  2. (b) Some lanes are papers
  3. (c) Some boards are clip
  4. (d) All roads are clips

Answer: (d) All roads are clips

From the given statements, the only definite relation involving roads is that all lanes are roads, and the valid conclusion is that roads are included in the group linked with clips through the chain of statements. The other options either reverse the direction of the relation or make an unsupported universal claim, so only the stated correct option holds.

Q17. Direction-(25-29): Read the given information carefully and answer the given questions. J, K, L, M, S, T, U and V are eight employees of an organization and they will attend a meeting in the four months (March, June, October & November). The meeting held in each month on 13th and 22nd date. Only two meetings held in a month. No person can attend the meeting after L. M attends the meeting in the month which has less than 31 days. S and U attends meeting after M on date 22nd of different months, while J & K attends before M and K attends after J in the same month. V does not attend the meeting in the month in which either S attends or L attends. How many people attends meeting between S and L?

  1. (a) 1
  2. (b) 2
  3. (c) 3
  4. (d) 4

Answer: (c) 3

Using the clues, the employees can be arranged in the meeting slots so that S and L fall with three people in between them. The month and date restrictions fix M first, then J and K before M, and S and U after M on 22nd dates, which leads to the required gap of 3.

Q18. Four of the following follow a same pattern find the one which does not follow. (a) J – March (b) S – 13 (c) U – October (d) U – 22 (e) T – November

  1. (a) J – March
  2. (b) S – 13
  3. (c) U – October
  4. (d) U – 22

Answer: (b) S – 13

In the final arrangement, four options match the same type of clue-based placement pattern, but S is the one that breaks it because it does not fit the month/date linkage followed by the others. So the odd one out is the pair involving S and 13.

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