CAIIB Marathon June 2025 ABM Quiz-7

31/05/2025

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CAIIB Marathon June 2025 ABM Quiz-7

JAIIB CAIIB Course Quiz – June 2025: The CAIIB exam for June 2025, conducted by IIBF, is fast approaching. To support your preparation, we are providing regular MCQ-based quizzes specifically designed for the JAIIB CAIIB syllabus. These quizzes are structured module-wise and unit-wise to help you cover the entire syllabus systematically. Practicing these quizzes consistently will strengthen your concepts, improve accuracy, and increase your chances of clearing the exam on your first attempt.

Q.1: Find the Arithmetic mean for following:
(a) 54.24
(b) 53.24
(c) 52.24
(d) 55.24

Q.2. A bag contains 11 red, 15 blue and 19 green marbles. Two marbles are randomly drawn from the bag. What is the probability that a red marble and a blue marble are drawn from the bag?
(a) 1/6
(b) 1/5
(c) 1/4
(d) 1/3

Q.3. A box contains 10 green balls and 5 blue balls. If two balls are drawn at random, then find the probability that it is the same colour?
(a) 0.42
(b) 0.32
(c) 0.52
(d) 0.45

Q.4. A box contains 4 white and 8 yellow balls. Two balls are taken out at random, without replacement. If the first ball is white, then what is the probability that the second ball is also white?
(a) 1/11
(b) 2/11
(c) 3/11
(d) 4/11

Q.5. The average salary of 10 employees in a bank is Rs. 50,000. If the salary of one employee is mistakenly taken as Rs. 60,000 instead of Rs. 40,000, what is the correct average salary of the employees?
(a) Rs. 46,000
(b) Rs. 48,000
(c) Rs. 52,000
(d) Rs. 54,000

Q.6. Find Median for the following data.
(a) 18.85
(b) 18.65
(c) 18.25
(d) 18.95

Q.7. Find the HM of the values 10, 24, 15, and 32
(a) 16.67
(b) 17.67
(c) 18.67
(d) 19.67

Q.8. Find the Harmonic mean of two numbers a and b, if their Arithmetic mean is 16 and Geometric mean is 8.
(a) 2
(b) 3
(c) 4
(d) 8

Q.9. Standard deviation is 8 & coefficient of variation is 10%. What is the value of arithmetic mean?
(a) 8
(b) 80
(c) 800
(d) 8000

Q.10. In a bank, the probability of a customer having a savings account is 0.4, and the probability of a customer having a credit card is 0.6. The probability of a customer having both a savings account and a credit card is 0.2. What is the probability that a randomly selected customer has either a savings account or a credit card?
(a) 0.2
(b) 0.4
(c) 0.6
(d) 0.8

Answer:

Q1: C
Q2: A
Q3: C
Q4: A
Q5: B
Q6: A
Q7: A
Q8: C
Q9: B
Q10: D

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