RBI Grade B Quant 2023 Previous Year Questions | Answer Key

Want to crack the RBI Grade B exam, but still wondering where to start your quant preparation, especially when no official syllabus is given? You’re not alone in this! 

A smart strategy is to analyze the Quant section of the RBI Grade B previous year question papers of 2023 Phase 1. This analysis will provide valuable insights into the:

• Question distribution across various topics
• Difficulty level you can expect
• High-weightage topics to prioritize 

Furthermore, if you want to re-attempt, revisiting the Quant PYQs from 2023 can help you pinpoint your areas of weakness and prevent repeating past mistakes in your next attempt.

In this article, I’ll provide a detailed analysis of the RBI Grade B 2023 Phase 1 Quant previous year questions, allowing you to strategize your preparation effectively for the quantitative aptitude section.

Quant PYQs of the RBI Grade B 2023 Phase 1 Exam

Please be aware that RBI does not officially release the question papers for its Grade B exams. However, to help you in your preparation, my team of experts at EduTap and I have meticulously compiled a memory-based list of 30 Quantitative Aptitude questions from the RBI Grade B previous year paper 2023 Phase 1 exam.

Below, you’ll find these quant questions of the RBI Grade B 2023 exam along with the answer (at the end):

Question 1. Given below are 3 equations I, II and III where ‘a’ and ‘b’ are the roots of equation I where (a < b) and ‘c’ and ‘d’ are roots of equation II where (c < d). On this basis, solve for equation III and find the relationship between ‘z’ and ‘k’ given that k = 11

I. 3x(x – 12) + 72 = x²- 11x – 5

II. 5y(y – 3) – 64 = y(3y – 2) – 19

III. (z + 2a – d)² = 169

A. z > k

B. z < k

C. z = k or the relationship cannot be established

D. z ≥ k

E. z ≤ k

Question 2. Given below are three equations i.e. ‘I’, ‘II’ and ‘III’. If roots of the equation ‘I’ are ‘p’ and ‘q’, respectively such that p > q while the roots of the equation ‘II’ are ‘m’ and ‘n’ respectively such that m > n, then find the value of ‘K’.

I. 2x²- 6(x + 4) = 3x + 11

II. 2y²- 12(y – 4) = 7y + 6

III. (15m/2) – 8q = 9p – 4n + K²

A. 11

B. 4

C. 7

D. 9

E. 14

Question 3. The series given below contains a missing number ‘P’. Find the value of ‘P’ and determine which among the given three statement(s) is/are true.

74, 290, 241, 753, 672, ‘P’, 1551

I: The nearest perfect square number to ‘P’ is 1600

II: ‘P’ is divisible by 11

III: (P + 28) is a multiple of 50.

A. Only I

B. Only II

C. Only I and II

D. Only II and III

E. Only III

Question 4. Given below are two number series I and II where the missing numbers in series I and II are ‘P’ and ‘Q’, respectively. Find the value of ‘P’ and ‘Q’ and find which among the given options gives the correct value of (P – Q).

I: 5000, 4000, 3000, 2100, P, 819

II: 4, 6, 15, 56, Q, 1644

A. 1120

B. 1090

C. 980

D. 1240

E. 1050

Question 5. Given below are two number series I and II where the missing numbers in series ‘I’ and ‘II’ are ‘P’ and ‘Q’, respectively. Find the value of ‘P’ and ‘Q’ and find which among the given options gives the L.C.M of ‘P’ and ‘Q’.

I: 77, 106, 48, P, 19, 164

II: 141, 98, Q, 63, 71, 96

A. 1080

B. 1200

C. 724

D. 960

E. 1440

Directions (Q6-Q10): Answer the questions based on the information given below.

A survey was conducted among certain number of players who played games in at-least one of the levels i.e., National and International. Players who played only at national level played in at least one of the three trophies i.e., Ranji, Duleep and Irani while the players who played only at international level played in at least one of the two leagues i.e., CPL and BBL. Out of total number of players, 10% had played at both levels and the number of players who played only at national level is 250 more than number of players who played only at international level. 24% of players who played only at national level had played only Ranji which was 200 less than players who played only in CPL. Number of players who played in all three trophies i.e., Ranji, Duleep and Irani is 144 and is 52% less than number of players who played only Ranji. Ratio of number of players who played only in BBL to number of players who played in both Ranji and Irani but not in Duleep is 25:(p + 3). Number of people who played only at national level but not played Irani trophy is 630. (2p – 0.8) % of number of players who played only at national level had played only in Irani trophy. The number of players who played only at international level and played only in CPL was (p + 10) % of total number of players. (2p + 1.6) % of players who played at national level had played in both Ranji and Duleep trophy. Number of players who played both Ranji and Duleep but not Irani trophy was 125% more than number of players who played both Irani and Duleep but not Ranji.

Question 6. Number of players who played exactly in one trophy is:

A. 650

B. 620

C. 690

D. 720

E. 740

Question 7. Number of players who played only in BBL is how much percent of total number of players who played at the international level?

A. 40%

B. 30%

C. 24%

D. 50%

E. 45%

Question 8. Ratio of number of players who played in both Ranji and Irani trophy but not in Duleep trophy to number of players who played in both Irani and Duleep trophy but not in Ranji trophy is:

A. 10: 9

B. 15: 14

C. 29: 20

D. 39: 20

E. None of these

Question 9. Total number of players who played in CPL is:

A. 300

B. 500

C. 700

D. 750

E. 450

Question 10. Difference between number of players who played in all three trophies and number of players who played in both leagues is:

A. 6p – 6

B. 5p – 6

C. 3p² – 25p + 6

D. 5p² – 45p + 12

E. None of these

Directions (Q11-Q15): Following is the data regarding the revenue and expenditure of 4 companies in 2018 and in 2017. All figures are in Rs crore.

Profit = Revenue – Expenditure

Percentage profit =  (Profit/Expenditure)× 100%

Question 11. Which company in which year has seen the maximum percentage profit?

A. ATK in 2017

B. BCG in 2017

C. Bain in 2018

D. ATK in 2018

E. Mckinsey in 2018

Question 12. Which company has seen the maximum percentage increase in profit from 2017 to 2018?

A. Mckinsey

B. BCG

C. Bain

D. ATK

E. 2 companies have the same percentage increase

Question 13. What is the sum of the numerical values of the percentage profit of Mckinsey in 2018 and Bain in 2018?

A. 27.5

B. 25

C. 32.5

D. 38

E. 45

Question 14. What is the ratio of the numerical values of the percentage profit of Mckinsey in 2017 to BCG in 2017?

A. 45: 53

B. 41: 51

C. 47: 61

D. 38: 65

E. 33: 61

Question 15. For all 4 companies combined, what is the percentage (approximately) increase in the sum of their profits from 2017 to 2018?

A. 48%

B. 62%

C. 34%

D. 55%

E. 72%

Directions (Q16-Q20): Answer the questions based on the information given below.

Five different schools of a district participated in multiple tournaments during a year. Each school won some gold, silver and bronze medals. The pie chart given below shows the percentage distribution of number of gold medals won by each school out of total gold medals won by all schools together.

The table chart given below shows the difference between number of gold and number of silver medals, won by each school and percentage of number of bronze medals won by each school as percentage of number of silver medals won by that school.

Note: Total number of medals won by school ‘E’ were 86 more than that by school ‘D’.

Question 16. Find the sum of number of bronze medals won by school’s ‘A’ and ‘C’ teams together.

A. 816

B. 664

C. 704

D. 752

E. None of these

Question 17. Find the ratio between number of bronze medals won by school ‘E’ and sum of number of gold medals won by school’s ‘B’ and ‘C’ together, respectively.

A. 3: 5

B. 4: 7

C. 2: 5

D. 5: 7

E. None of these

Question 18. Find the average number of medals won by school’s ‘C’ and ‘D’ together.

A. 925

B. 890

C. 915

D. 935

E. None of these

Question 19. Find the difference between number of silver medals won by school ‘A’ and school ‘D’.

A. 12x – 45

B. 8x + 45

C. 9x + 20

D. 12.5x – 15

E. 11x

Question 20. If number of silver medals won by school ‘B’ were ‘m’ and number of gold medals won by school ‘D’ were ‘n’, then find the value of 3(m – n).

A. 150

B. 250

C. 175

D. 225

E. 200

Question 21. The question consists of two statements numbered “I and II” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question.

A shopkeeper sold an article. Find the selling price of the article.

Statement-I: The selling price of article is 45% more than the cost price of article. Marked price of article is 10% more than the selling price, and the amount of discount offered is Rs. 870.

Statement-II: Profit made by the shopkeeper is 45%. Had the article was sold for Rs. 300 more, the shopkeeper would have earned 50% profit.

A. The data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.

B. The data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.

C. The data either in statement I alone or in statement II alone are sufficient to answer the question.

D. The data given in both statements I and II together are not sufficient to answer the question.

E. The data in both statements I and II together are necessary to answer the question.

Question 22. The question consists of four statements numbered “I, II, III and IV” given below it. You have to decide whether the data provided in any of the statement(s) alone is/are sufficient to answer the question.

There are only three people in a family i.e. father, mother and a child. If present ages of father and mother are in the ratio 10:9, respectively, then find the present age of the child.

Statement I: Ten years hence from now, the age of child will be 56% less than that of the father.

Statement II: Present age of child is 70% less than that of the father and 24 years less than that of the mother.

Statement III: Six years ago from now, the age of mother was 5 times the age of child. Six years hence from now, the age of father will be 28 years more than that of child.

Statement IV: Difference between present age of mother and father is 4 years and difference between present age of child and mother is 24 years.

A. Only I

B. Only II

C. Only I, II and III

D. Only II, III and IV

E. Only I and II

Question 23. Harry, Ron and Cedrick started a business with an investment in the ratio of 14: 15: 20. After 5 months, Harry invested an additional amount which was 2/5 ^th of the initial investment of Ron. 3 months after that, Ron increased his investment by an amount which was 1/4^th of Cedrick’s initial investment and Cedrick increased his investment by an amount which was 2/3^rd of Ron’s initial investment. After one year of business, the difference between the profit share of Ron and Harry was what percent of that between Ron and Cedrick?

A. 13.33%

B. 6.67%

C. 16.67%

D. 8.33%

E. 12.5%

Directions (Q24-Q26): In the question, two Quantities I and II are given. You have to solve both the Quantity to establish the correct relation between Quantity-I and Quantity-II and choose the correct option.

Question 24. The speed of boat ‘B’ in still water is 8 km/h more than that of boat ‘A’. The ratio of downstream speed of boat ‘A’ to upstream speed of boat ‘B’ is 9:8. The ratio of upstream speed of boat ‘A’ to downstream speed of boat ‘B’ is 6:11. (Both the boats are travelling in the same stream)

Quantity-I: Find the sum of distance travelled by boat ‘A’ in downstream in 125 minutes and distance travelled by boat ‘B’ in upstream in 75 minutes.

Quantity-II: Speed of Boat ‘C’ in still water is 50 km/h. Find the sum of distance travelled by boats ‘A’, ‘B’ and ‘C’ together while travelling in upstream for 1 hour. Boat ‘C’ is also travelling in the same stream.

A. Quantity-I > Quantity-II

B. Quantity-I < Quantity-II

C. Quantity-I ≤ Quantity-II

D. Quantity-I = Quantity-II or No relation

E. Quantity-I ≥ Quantity-II

Question 25. Quantity-I: The selling price of an article when it is marked 36% above its cost price and sold after a discount of Rs. 140 is Rs. ‘P’ and the selling price of the same article when it is marked 28% above its cost price and sold after a discount of Rs. 120 is Rs. ‘Q’. If P : Q = 19:18, then find the cost price of the article.

Quantity-II: The compound interest received on investing Rs. 10,500 for 2 years at ‘y%’ p.a., compounded annually is Rs. 2,205. Find the compound interest received on investing Rs. 4,800 at a rate of (y + 5) % p.a., compounded annually for 2 years.

A. Quantity-I > Quantity-II

B. Quantity-I < Quantity-II

C. Quantity-I ≤ Quantity-II

D. Quantity-I = Quantity-II or No relation

E. Quantity-I ≥ Quantity-II

Question 26. Which of the following pair of symbols will define the relation between Quantity I and Quantity II and between Quantity II and Quantity III respectively?

A. =

B. >

C. <

D. ≥

E. ≤

F. # (relation cannot be established)

‘p’, ‘q’ and ‘r’ are three distinct positive roots of the given equation such that ‘p’ > ‘q’ > ‘r’.

x³- 9x²+ 23x – 15 = 0

Quantity I: Find the value of ‘8p’.

Quantity II: Find the value of (q + 40).

Quantity III: Find the value of (r X 20).

A. C, B

B. B, C

C. A, B

D. B, A

E. C, A

Question 27. Arjun and Rajiv deposited Rs. 8400 and Rs. _____ in scheme A at 20% and at 10% per annum compound interest compounded annually, respectively. Also, Arjun and Rajiv deposited Rs. ____ and Rs. 3700 in scheme B at 15% and at 24% per annum simple interest, respectively. Sum of interest earned by both from both schemes together after 2 years is Rs. ____.

The values given in which of the following options will fill the blanks in the same order in which is it given to make the statement true:

I. 7200, 4120, 8220

II. 9600, 3640, 8540

III. 8000, 5400, 8772

A. Only I

B. Only II

C. Only III

D. Only II and III

E. Only I and III

Question 28. A man fell down from his boat at point ‘A’ which was 64 km away in downstream from a rescue boat which started travelling immediately for his rescue. Till the time, the rescue boat reached point ‘A’, the man travelled with help of stream only. As soon as the boat reached the point ‘A’, the man started swimming towards the boat such that his speed in still water is 5 km/h and the boat rescued him after 48 minutes after it reached point ‘A’. The speed of the stream is 60% of that of the rescue boat in still water. Find the total distance covered by the rescue boat in the time it meets the man.

A. 88 km

B. 108 km

C. 96 km

D. 124 km

E. 120 km

Question 29. Paper A is in the form of a square of side 130mm. Four quadrants of diameter 14mm is cut from the four corners of the square. Paper B is in the form of a rectangle whose one side is 150mm and this side is 20% more than the shorter side. Two semicircles of diameter equal to the smaller side of the rectangle is cut from both the edges of the rectangle. By what percent is the remaining area of paper B more or less than that of paper A?

A. 61.3% more

B. 52.3% more

C. 61.3% less

D. 52.3% less

E. None of these

Question 30. A natural number, N, is divisible by at most two distinct divisors of 12. What will the HCF of all possible values of N be?

A. 2

B. 1

C. 0

D. 3

E. 4

RBI Grade B Quant 2023 PYQ Answer Key

Below is the answer key for the quant questions asked in the RBI Grade B 2023 exam:

With access now available to practice the RBI Grade B 2023 Quant PYQs, let’s discuss the valuable insights you can glean from analyzing the Quantitative Aptitude questions asked in the 2023 exam.

What Can You Learn From the RBI Grade B 2023 Quant PYQs?

Here are the crucial insights you can extract from practicing and analyzing the RBI Grade B 2023 Quant PYQs for your preparation:

Number of Questions Asked from Each Quant Topic in the RBI Grade B 2023 Exam

The analysis of the RBI Grade B Quant 2023 PYQs reveals the weightage of different topics. Here’s a detailed breakdown of the number of questions asked from each Quant topic in the RBI Grade B 2023 exam:

• Data Interpretation: 15
• Quantity Comparison: 3
• Wrong, Number Series: 3
• Quadratic Equation: 2
• Statement-Based Questions: 2
• 2D, 3D, & Probability: 1
• Ages, Partnership: 1
• Simple & Compound Interest: 1
• Boats & Stream: 1
• Miscellaneous: 1

Difficulty Level of Quant in RBI Grade B 2023

Practicing the Quant PYQ of the RBI Grade B 2023 exam provides valuable insight into its difficulty level, enabling you to fine-tune your preparation strategy. Overall, the difficulty level of the 2023 Quant ranged from moderate to difficult.

Here’s the difficulty-wise distribution of questions asked in the RBI Grade B Quant 2023 PYQ:

• Total Questions: 30
• Easy: 0
• Moderate: 11
• Difficult: 19

Important Quant Topics for the RBI Grade B Exam 

Analyzing the number of questions from each topic in the RBI Grade B 2023 Quant section is key to identifying high-weightage areas likely to remain significant for future exams. 

Based on the 2023 PYQs, prioritize the following important Quant topics for your RBI Grade B preparation:

• Number Series
• Data Interpretation
• Quadratic Equations
• Simplification & Approximation
• Percentage
• Data Sufficiency
• Quantity Comparison
• Time & work
• Pipes & Cistern
• Time & Distance
• Profit & Loss
• Boats & stream

How Important Are Quant PYQ for RBI Grade B Preparation?

Practicing Quantitative Aptitude previous year questions is extremely important for your RBI Grade B preparation for several reasons:

• Self-Assessment
  • Attempting Quant PYQs helps you assess your current level of quant preparation. 
  • It allows you to identify your strengths and weaknesses and focus more on the topics where you are struggling.
• Performance Improvement
  • Regular practice with year-wise quant PYQs helps you improve your speed and accuracy.
  • It allows you to learn effective time management strategies for the exam.
• Building Confidence
  • Solving PYQs and working on your weaknesses boosts your confidence.
  • It motivates you to continue your preparation with more enthusiasm.
• Revision Tool
  • Quant PYQs also serve as an excellent tool for revision.
  • Solving them again, closer to the exam, helps identify the knowledge gap and reinforce the concepts you have learned.

Bonus Points: Topics absent in 2023 (Present in 2022): Profit & Loss, Income & Expenditure, and Mensuration 3D.
Topics present in 2023 (Absent in 2022): Partnership, Mensuration 2D, Data Sufficiency, and Number System.
Absent in Both (2023 & 2022): No questions were asked from Time & Distance, Ratio & Proportion, Ages, & Percentage in both 2023 and 2022. 

What Next?

With a firm understanding of the insights offered by the RBI Grade B 2023 Quant PYQs—specifically the topic-wise distribution, difficulty level, and key areas—your preparation should now focus on practicing and analyzing Quant PYQs from past years.

Furthermore, to ensure comprehensive preparation for the upcoming RBI Grade B Phase 1 exam, you should also explore the year-wise PYQs of the other subjects.

Here are the subject-wise & year-wise PYQs of the RBI Grade B Phase 1 exam:

• RBI Grade B 2024 Exam PYQ
  • RBI Grade B 2024 Quant PYQ
  • RBI Grade B 2024 Reasoning PYQ
  • RBI Grade B 2024 GA PYQ
  • RBI Grade B 2024 English PYQ

• RBI Grade B 2023 Exam PYQs
  • RBI Grade B 2023 Reasoning PYQ
  • RBI Grade B 2023 GA PYQ
  • RBI Grade B 2023 English PYQ

These resources are everything you need to begin your RBI Grade B previous year question practice today.