Crack Exam
Question : Directions: Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements. Statements: I. Some red is a mouse. II. No grey is a mouse Conclusions: I. All red is grey. II. No mouse is grey.
Option 1: Only conclusion I follows
Option 2: None of the conclusions follow
Option 3: Both conclusions I and II follow
Option 4: Only conclusion II follows
Correct Answer: Only conclusion II follows
Solution : The possible Venn diagram according to the given statements is as follows –
Let's analyse the conclusions – Conclusion (I): All red is grey – As shown, in the diagram above it is clear that there is no definite relation between red and grey. So, this conclusion doesn't follow. Conclusion (II): No mouse is grey – As shown, in the diagram above it is clear that the relation of no is defined between mouse and grey by the line and cross on it. So, no mouse is grey is true and this conclusion follows.
So, only conclusion II follows. Hence, the fourth option is correct.
Question : Case Study: ABC Corporation - Financing Growth Strategies
ABC Corporation, a leading manufacturing company, is looking to finance its growth strategies. The company is exploring various sources of business finance to achieve its expansion goals.
Questions : Different Sources of Finance
What are GDRs and ADRs, which ABC Corporation is considering as potential sources of finance?
Option 1: Government Debt Records
Option 2: Equity shares with higher dividends
Option 3: International financial statements
Option 4: Instruments for raising capital in global markets
Correct Answer: Instruments for raising capital in global markets
Solution : The correct answer is (d) Instruments for raising capital in global markets
GDRs (Global Depository Receipts) and ADRs (American Depositary Receipts) are financial instruments that companies can use to raise capital in global markets. GDRs are typically issued outside the United States and ADRs are issued in the United States. Both GDRs and ADRs represent ownership in the issuing company and enable companies to access international investors and raise funds by listing and trading these instruments on international stock exchanges. This facilitates global investment in the company's shares.
Question : Where were the Commonwealth games held in the year 2022?
Option 1: Gold Coast
Option 2: New Delhi
Option 3: Birmingham
Option 4: Glasgow
Correct Answer: Birmingham
Solution : The correct option is Birmingham.
The 2022 Commonwealth Games were held in Birmingham. So, it is commonly known as Birmingham 2022. It was held between 28 July and 8 August. The motto of the game is Games for everyone. 5,054 participants participated across 72 Commonwealth nations.
Question : Directions: In the following question, out of the four alternatives, select the alternative that will improve the bracketed part of the sentence. In case no improvement is needed, select "No Improvement".
He plays football and basketball (also).
(1) too
(2) although
(3) besides
(4) No Improvement
Option 1: 1
Option 2: 2
Option 3: 3
Option 4: 4
Correct Answer: 1
Solution : The correct choice is the first option.
In this context, "too" is used to indicate that the person not only plays football but also plays basketball. It is used as an adverb to show an addition to what has already been stated. "Also" is an adverb that is used to indicate an addition or inclusion. It is often employed to connect ideas or actions that are similar or related.
The meanings of the other options are as follows:
Although: It is a conjunction used to introduce a contrast or concession.
Besides: It can be used to indicate in addition to, apart from, or furthermore.
Therefore, the correct sentence should be: "He plays football and basketball too."
Question : Which of the following institutions is responsible for regulating and supervising the functioning of payment banks in India?
Option 1: Reserve Bank of India (RBI)
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Stock Exchange of India (NSE)
Option 4: None of the above
Correct Answer: Reserve Bank of India (RBI)
Solution : The correct answer is (a). Reserve Bank of India (RBI)
The Reserve Bank of India (RBI) is responsible for regulating and supervising the functioning of payment banks in India. Payment banks are a specialized category of banks introduced by the RBI to provide basic banking services, primarily focused on facilitating transactions and payments.
The RBI closely monitors payment banks to ensure compliance with these guidelines and supervises their operations to maintain the stability and integrity of the banking system. It oversees aspects such as customer service, risk management, liquidity management, reporting requirements, and overall compliance with regulatory norms.
Question : Which of the following is not correct regarding King Harshavardhana?
Option 1: Harshavardhana ruled nearly about 1400 years ago
Option 2: Xuanzang spent a lot of time at Harsha’s court
Option 3: Harshavardhana's court poet was Harisena
Option 4: Harshacharita is a biography written on Harshavardhana
Correct Answer: Harshavardhana's court poet was Harisena
Solution : The correct answer is Harshavardhana's court poet was Harisena.
Harisena was an ancient Indian poet and a close associate of the Gupta emperor Chandragupta II (Vikramaditya). He is credited with composing the "Prayag Prashasti" or the "Allahabad Pillar Inscription."
King Harshavardhana's court poet was the well-known Sanskrit scholar and poet 'Banabhatta'. "Harshacharita", his most well-known composition, is a significant historical and biographical narrative of King Harshavardhana's reign.
Question : A swimming pool has 3 drain pipes. The first two pipes A and B, operating simultaneously, can empty the pool in half the time that C, the 3rd pipe, alone takes to empty it. Also pipe A, working alone, takes half the time taken by pipe B. Together they take 6 hours 40 minutes to empty the pool. The time taken by pipe A to empty the pool, (in hours) is:
Option 1: 15 hours
Option 2: 10 hours
Option 3: 30 hours
Option 4: 7 hours
Correct Answer: 15 hours
Solution : Let the time taken by pipe B to empty the tank = $2x$ hours Time taken by pipe A to empty the tank = $x$ hours (A and B) takes half of the time that C takes. ⇒$\frac{2}{\frac{1}{2x}+\frac{1}{x}}=\frac{2}{\frac{1+2}{2x}}$= $\frac{4x}{3}$ hours Pipes A, B, and C together take 6 hours and 40 minutes to empty the pool. ⇒ $\frac{1}{x}+\frac{1}{2x}+\frac{3}{4x}=\frac{1}{6+\frac{40}{60}}$ ⇒ $\frac{1}{x}+\frac{1}{2x}+\frac{3}{4x}=\frac{1}{6+\frac{2}{3}}$ ⇒ $\frac{4+2+3}{4x}=\frac{3}{20}$ ⇒ $9×20 = 4x×3$ ⇒ $x = \frac{9×20}{4×3}$ $\therefore x = 15$ hours Hence, the correct answer is 15 hours.
Question : The basic structural and functional unit of living organisms is:
Option 1: Cell
Option 2: Tissue
Option 3: Organ
Option 4: System
Correct Answer: Cell
Solution : Correct Answer is Cell
The fundamental building blocks of all living things are cells. When cells and tissues come together, they create organs. When organs and organic systems come together, they create organisms. The basic structural unit of all unicellular and multicellular organisms is the cell. A cell is a collection of cytoplasm that has a cell membrane surrounding it on the outside.
Question : From the following information, calculate Cash Flow from Financing Activities:
During the year, the company repaid a Loan of Rs. 1,00,000.
Option 1: Cash flow from financing activities is Rs 1,00,000
Option 2: Cash flow from financing activities Nil
Option 3: Cash used in investing activities Rs 1,50,000
Option 4: Cash flow from financing activities Rs 1,50,000
Correct Answer: Cash flow from financing activities Rs 1,50,000
Solution : Answer = Cash flow from financing activities Rs 1,50,000 Cash flow from financing activities Rs 1,50,000
Hence, the correct option is 4.
Question : Choose the correctly spelt word?
Option 1: Drougt
Option 2: Draut
Option 3: Drought
Option 4: None of these
Correct Answer: Drought
Solution : Option 3 is the correct answer
Drought is a period of low rainfall and dryness, It also refers to shortage of water.
For example:
It is hard to survive in drought prone areas.
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