RCs asked in SBI PO Mains 2017 Exam

We are sharing some memory based questions SBI PO Mains 2017 in English Section.

Two Reading Comprehensions containing 5 questions each were asked in SBI PO Mains 2017 Exam. There were no Synonyms/Antonyms this time. The RCs were divided in paragraphs and questions were set asking answers from particular paragraphs. 

RC1:

Paragraph 1: At a global financial services firm we worked with, a longtime customer accidentally submitted the same application file to two offices. Though the employees who reviewed the file were supposed to follow the same guidelines—and thus arrive at similar outcomes—the separate offices returned very different quotes. Taken aback, the customer gave the business to a competitor. From the point of view of the firm, employees in the same role should have been interchangeable, but in this case they were not. Unfortunately, this is a common problem.

Paragraph 2: Professionals in many organizations are assigned arbitrarily to cases: appraisers in credit-rating agencies, physicians in emergency rooms, underwriters of loans and insurance, and others. Organizations expect consistency from these professionals: Identical cases should be treated similarly, if not identically. The problem is that humans are unreliable decision makers; their judgments are strongly influenced by irrelevant factors, such as their current mood, the time since their last meal, and the weather. We call the chance variability of judgments noise. It is an invisible tax on the bottom line of many companies.

Paragraph 3: Some jobs are noise-free. Clerks at a bank or a post office perform complex tasks, but they must follow strict rules that limit subjective judgment and guarantee, by design, that identical cases will be treated identically. In contrast, medical professionals, loan officers, project managers, judges, and executives all make judgment calls, which are guided by informal experience and general principles rather than by rigid rules. And if they don’t reach precisely the same answer that every other person in their role would, that’s acceptable; this is what we mean when we say that a decision is “a matter of judgment.” A firm whose employees exercise judgment does not expect decisions to be entirely free of noise. But often noise is far above the level that executives would consider tolerable—and they are completely unaware of it.

Paragraph 4: The prevalence of noise has been demonstrated in several studies. Academic researchers have repeatedly confirmed that professionals often contradict their own prior judgments when given the same data on different occasions. For instance, when software developers were asked on two separate days to estimate the completion time for a given task, the hours they projected differed by 71%, on average. When pathologists made two assessments of the severity of biopsy results, the correlation between their ratings was only .61 (out of a perfect 1.0), indicating that they made inconsistent diagnoses quite frequently. Judgments made by different people are even more likely to diverge. Research has confirmed that in many tasks, experts’ decisions are highly variable: valuing stocks, appraising real estate, sentencing criminals, evaluating job performance, auditing financial statements, and more. The unavoidable conclusion is that professionals often make decisions that deviate significantly from those of their peers, from their own prior decisions, and from rules that they themselves claim to follow.

Paragraph 5: Noise is often insidious: It causes even successful companies to lose substantial amounts of money without realizing it. How substantial? To get an estimate, we asked executives in one of the organizations we studied the following: “Suppose the optimal assessment of a case is $100,000. What would be the cost to the organization if the professional in charge of the case assessed a value of $115,000? What would be the cost of assessing it at $85,000?” The cost estimates were high. Aggregated over the assessments made every year, the cost of noise was measured in billions—an unacceptable number even for a large global firm. The value of reducing noise even by a few percentage points would be in the tens of millions. Remarkably, the organization had completely ignored the question of consistency until then.

3 of the 5 Questions:

  • Author’s viewpoint as indicated in paragraph 5
  • Opposite of phrase ‘Unfortunately, this is a common problem.’
  • Which of  the following can follow paragraph 4 so as to connect it to paragraph 5?

 

RC2:

Paragraph 1: Deutsche is more leveraged than its peers; it is unusual in lacking a crown jewel around which it can base a business model; and it has a stack of derivatives whose prices are hard to observe in the market. More positively, it is light on the non-performing loans that clog the balance-sheets of banks in places like Italy. But in other ways its problems have a very familiar ring. Deutsche is struggling to make a decent return. It has taken too long to face up to its problems. And the market it operates in is overbanked. Years after American banks were forced to clean themselves up, too many European lenders are still flailing as a result

Paragraph 2: Europeans prefer to blame others for the turmoil. Deutsche has lashed out at “forces in the market” for its most recent bout of trouble. But its shares had already fallen by 42% this year before news broke last month of a proposed Department of Justice (DoJ) fine of $14 billion for mortgage-related misdeeds. German politicians insinuate that the mooted fine represents revenge for Europe’s recent tax case against Apple, an American champion. Yet the DoJ has slapped large fines on American banks, too. Deutsche’s vulnerability to shocks is the problem, not the shocks themselves.

Paragraph 3: Fingers also point at global regulators. The boss of Credit Suisse, Tidjane Thiam, says his sector is “not really investible”. It is true that the rules have got much stricter in the past few years, particularly for institutions, like Deutsche, that have big investment-banking arms. It is also true that ultra-loose monetary policy, and in particular the negative interest rates that now prevail in much of Europe, eat away at banks’ profitability. But some banks cope better than others in this painful environment. The IMF has compared returns on equity before and after the financial crisis. Those at large European banks fell by 11.4 percentage points, whereas those at American lenders dipped by only three points. Rather than blaming speculators, Americans and regulators, Europe’s bankers and policymakers need to put their own house in order.

Paragraph 4: Within institutions, that means cutting costs and raising capital. According to S&P Global Market Intelligence, the average cost-to-income ratio at an American bank in 2015 was 59%; Italy’s figure stood at 67% and Germany’s at 72%. Scandinavian banks already operate with much lower costs than their peers elsewhere in Europe. The axe is now swinging: Commerzbank, another struggling German lender, and ING, a Dutch bank, have announced thousands of job cuts in the past few days.

Paragraph 5: But more can be done. Pay is one obvious lever. Deutsche’s bankers trousered roughly the same amount in annual compensation between 2011 and 2015, even as the bank’s share price dived. And before shareholders complain too loudly about that, recall that in 2007-15 the dividend payments by 90 euro-zone banks amounted to €223 billion ($250 billion). Their retained earnings would have been 64% higher at the end of that period if they had not paid out dividends.

 

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55 Thoughts to “RCs asked in SBI PO Mains 2017 Exam”

  1. Manu

    thanx…same rc tha

    1. 'RESCUER OF EVERYBODY'

      kaisa hua exam aapka?

        1. 'RESCUER OF EVERYBODY'

          attempts?

          1. ???Vedu ???

            ba per nhi ateyajkl

          2. 'RESCUER OF EVERYBODY'

            Km aa pate hain,how r u?

          3. ???Vedu ???

            ok me gud 🙂
            joining a gyi

          4. 'RESCUER OF EVERYBODY'

            August mein aayegi most probably

          5. ???Vedu ???

            mains diya tha sbi?

      1. Manu

        ok ok exam tha…….reasoning or ga easy laga…maths tough

  2. ??????????|||√乇刀り乇イイム™

    INPUT OUTPUT Question Pattern(SBI-PO-MAINS)
    _____________________________________
    A number Arrangement machine arranges 2 digit numbers into a typical manner .the first stepillustrates in the example below which uses the concept of multiplication to associate number and give output of the input in the first step .no other steps uses multiplication as the tool to process number in subsequent steps .the second step uses atleast one of the digits from each of the three number obtained to get the next step.each step takes givesoutput taking input from the previous step .using the illustration answer the question:
    MUST TRY:

    https://uploads.disquscdn.com/images/18c7c99d15701e1b699381c88847aa750323e32ace69049b356f1b563f8d3977.jpg

    1. Jenny

      Clear ni dikh rha

      1. ??????????|||√乇刀り乇イイム™

        absolute clear it is .save and then ascertain

        1. Vivek Murugesan

          how to prepare tough DI and new type of Reasoning
          Kindly guide me to follow
          txs

    2. KANAK

      How to solve this ..what is the trick

    3. ??????????|||√乇刀り乇イイム™

      Multiplication of 1 st digit of 1st number to 2nd digit of 4th number and so on
      Then add the 1st digit of every number and then 2 digit of every number
      Then divide the digits of each number
      Then subtract the two digits
      These are the steps to above Input Output

  3. ??????????|||√乇刀り乇イイム™

    Good Work Admins
    Keep it up…..

    1. 'RESCUER OF EVERYBODY'

      how was urs exam sir?

  4. Jenny

    Ye kl exam mai aya tha admin??

    1. ??????????|||√乇刀り乇イイム™

      yes ,asked in yesterday SBI PO mains exam

      1. 'RESCUER OF EVERYBODY'

        mam,what can be the expected cutoff for sbi po mains?

        1. That cant be predicted. It all depends how students attempt. Like upto 2015 the cutoff used to be very high. But in 2016 with change in pattern cutoff was low compared to previois year according to attempts by students. So that remains not possible to predict.

  5. ??????????|||√乇刀り乇イイム™

    DI Based on Boat and Stream[SBI PO Mains](Exclusive For AZ Aspirants)
    _____________________________________________________________
    :-
    https://uploads.disquscdn.com/images/1619af254e6e1c3b30a1fb5da59cff63f1d515251e009f1099082fb77e3e7329.jpg

    1. From where u got this?

      1. ??????????|||√乇刀り乇イイム™

        One of my Friend Draw this, Acording to the Data Given ,the Distance is Same As Given in the Exam.If you Need more Figures Liike this . i will Draw for you sure |||
        HAppy Enviroment Day

        1. Marry..

          thankuuu sooooo much for questions

      2. ??????????|||√乇刀り乇イイム™

        Below I Posted Machine Input Question.have a look on this ||

        1. Yes I saw.

          Yes the distance is same in figure. Data inside changed. I also got this type of figure.

          If you or friend remember partnership question. Then do tell me

          1. ??????????|||√乇刀り乇イイム™

            Ok .Sure

  6. ??????????|||√乇刀り乇イイム™

    A Sphere OF Radious 3 cm is to be Shipped .The shipping box is in rectangular shape .the dimensions of the box are consecutive even numbers

    Quantity-1-the minimum volume of the box required to have the shipment possible
    Quantity-2-480cm^3

    1. Tamal Bharti

      There were also triangles in the sphere

  7. Added this Q in set

    http://aspirantszone.com/memory-based-questions-sbi-po-mains-2017-exam/

    Thanks for other two

    More Questions? 1 caselet was on partnership also

    1. ??????????|||√乇刀り乇イイム™

      try to remember .will post some more ..

        1. ? Lovely (star) ???

          Mam English sec new MATLAB same like wat u do in quiZ ya aur kuch new patern bhi. Aya tha ??

          1. It was – blanks we do with same words in blanks, central theme of passage questions like we sometimes do.

            Some more topics too

            http://aspirantszone.com/english-questions-type-asked-in-sbi-po-mains-2017/

            Seen this set ? Like these were asked

            We will add more questions in upcoming days.

            Quant set: http://aspirantszone.com/memory-based-questions-sbi-po-mains-2017-exam/

          2. ? Lovely (star) ???

            Thank u so much mam

    2. PHENOMENAL

      plzz upload more similar set of rc

  8. ??????????|||√乇刀り乇イイム™

    NOTE-The two lines are Parallel
    Comparison based Question

    1. ? Lovely (star) ???

      Sir plz provide some more
      Questions if possible. And sir y u deleted solution. Plz firse post kijiye if possible mene download nae kiya tha

  9. ??????????|||√乇刀り乇イイム™

    Coding-decoding
    # means either hour hand or minute hand is at 3
    @ means either hour or minute hand is at 12
    & Means either hour or minute hand is at 9
    £ means either hour or minute hand is at 5
    * means either hour or minute hand is at 4
    If A takes 25 min to reach railway station and his train is at #£ how much time before should he leave to reach the station 5 minutes earlier?

  10. ??????????|||√乇刀り乇イイム™

    Hire Purchase’s interest rate is charged on a flat rate that is distributed for the entire period of agreement and collected with a principal amount by the equated monthly installment basis
    (A) The interest rate charged on Hire Purchase is on a flat rate
    (B) which is distributed for the entire period of agreement and collected
    (C) along with the principal amount on the equated monthly installment basis.
    A only
    A and B
    B and C
    A and C
    B only

  11. ??????????|||√乇刀り乇イイム™

    Maths questions in SBI PO mains
    ____________
    There are two stations P & Q which are 516km apart. Trains A starts from station P at 9:45 Am and goes towards Q and Train B starts from Q 30min after Train A towards P and they meet at 12:55Am.Train B speed is 1.5 times train A. Then
    1.Relative speed of A to B in m/s
    2. If B travels in the same direction to A how much time it will take to catch A?
    _____

    There are 3 bags containing Red ,Green, Yellow balls. No. Of Red balls in Bag A is 15 and ratio of Green to Yellow is 9:4 in bag A. Also if a ball is picked randomly from bag A.The probability of being yellow is 2/9.
    If there is G no. Of Green balls in bag A then No. Of Green balls in Bag B is G/3.
    And then total no. Of balls were given in bag B(I don’t remember correctly).And ratio of R:Y was given perhaps. Then in bag C,probability of being yellow was 2/5 If a ball is randomly picked and no. Of red balls were 1 less than that of red balls in A. And some other info about green was given.
    1. If p no. Of yellow balls were transferred from A to C then probability of being yellow ball becomes 3/8 (don’t remember exact no. Clearly) then what is the value of p.
    2. If 3 balls are picked randomly one from each A, B & C then what is the probablity that all 3 of them are green.
    ______
    A DI..Line graph was given where no. Of days taken by A,B ,C,D,E which were 8, 10,15,12,20 days respectively to complete a work alone was given.
    1. If A B D E works for some days and 1/15 of the total work remains unfinished then B & C complete the whole work. Then what fraction of total work were completed by B.

    1. ? Lovely (star) ???

      apka sbi po tha sir ?

      1. 'RESCUER OF EVERYBODY'

        haan mera tha,aapka?

        1. ? Lovely (star) ???

          Nae mera nae tha plz provide questions u remember then

        2. Inquisitive

          kaisa hua?

          1. 'RESCUER OF EVERYBODY'

            theek hua

    2. selwyn pius

      what is the answr for train qts

  12. Ravi Upadhyay

    sbi sare cloze test aur rc the economist se deta h…

      1. Ravi Upadhyay

        to fr wohi pdta rahun

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