ibps-so 2018 · Question 200 of 356

Statement : A branch of a bank situated in a busy market has for several months past been receiving a large quantity of soiled and mutilated notes across its counters, and its o cers have been passing them into the chest along with the t notes without any separate record, so that the chest is now unable to state how many notes of that description it holds. Courses of action : I. The bank should issue instructions that the soiled and the mutilated notes received at the counters of the branch be sorted, recorded and remitted separately in accordance with the note refund rules in force. II. The bank should arrange a refresher session for the sta of the branch upon the sorting, the recording and the remittance of soiled and mutilated notes.

1. AOnly course of action I follows
2. BOnly course of action II follows
3. CEither course of action I or course of action II follows
4. DNeither course of action I nor course of action II follows
5. EBoth course of action I and course of action II follow Directions (Q101–Q105) : A merchant banker preparing an information memorandum upon two companies engaged in the same line of manufacture has plotted, for each of ve successive years, the rate of pro t earned by each of the two companies, and the two lines so obtained are reproduced below. Study the line graph given below with care and answer the questions that follow it. The rst of the two lines gives the pro t per cent earned by Company P in each of the ve years and the second of the two lines gives the pro t per cent earned by Company Q in the same ve years. Throughout this set the pro t per cent is to be reckoned upon the expenditure of the company for the year, that is to say, pro t per cent = [(income – expenditure) ÷ expenditure] × 100. The values read o the two lines against the scale carried upon the vertical axis are set out in gures in the statement below. 2013 25 40 2014 30 20 2015 50 25 2016 40 60 2017 20 50 Pro t per cent of Company Q (second line) Pro t per cent of Company P ( rst line) YearCorrect