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Question : Two years ago, the value of my motorbike was Rs. 62,500. If the value depreciates by 4% every year, its value now is:
Option 1: Rs. 56,700
Option 2: Rs. 57,600
Option 3: Rs. 57,500
Option 4: Rs. 55,700
Correct Answer: Rs. 57,600
Solution : Given: Two years ago, the price of the bike was Rs. 62,500. Rate of depreciation = 4% Solution: Its value depreciates by 4% every year. Value of the bike 1 year ago = 62500 – 4% of 62500 ⇒ Value 1 year ago =
Question : Directions: In the following question, sentences are given with blanks to be filled in with an appropriate word. Four alternatives are suggested for each question. Choose the correct alternative out of the four as your answer.
Only the brave deserve the _________.
Option 1: fare
Option 2: flare
Option 3: flair
Option 4: fair
Correct Answer: fair
Solution : The fourth option is the correct answer.
The sentence conveys the idea that those who display courage and bravery are the ones who rightfully earn or deserve recognition, honour, or, glory for their actions.
The word 'fair' symbolises beauty, rewards, or good things, while 'brave'
Question : Direction: In the following question a series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.
0.15, 0.3, ? , 1.2, 2.4
Option 1: 0.6
Option 2: 0.9
Option 3: 0.06
Option 4: 4.8
Correct Answer: 0.6
Solution : Given –
The pattern follow for the series is –
0.15 × 2 = 0.3; 0.3 × 2 = 0.6; 0.6 × 2 = 1.2; 1.2 × 2 = 2.4
The series is 0.15, 0.3, 0.6,
Question : Directions: Eight relatives, P, Q, R, S, T, V, W and Y are sitting around a square table in such a way that four of them sit at four corners of the square while four sit in the middle of each of four sides, all of them facing the centre of the square. P sits third to the left of V. R is not an immediate neighbour of V. Only one person sits between V and W. S sits second to the right of Q. R is not an immediate neighbour of P. T sits second left of P. Who sits fourth to the right of P?
Option 1: V
Option 2: T
Option 3: S
Option 4: R
Correct Answer: S
Solution : Given: 1. P sits third to the left of V. R is not an immediate neighbour of V. 2. T sits second left of P 3. R is not an immediate neighbour of P. 4. Only one person sits between V and W. 5. S
Question : Which of the following is a public sector industry?
Option 1: Bharat Heavy Electricals Limited
Option 2: Dabur industry
Option 3: Bajaj Auto
Option 4: Tata Iron and Steel Company Limited
Correct Answer: Bharat Heavy Electricals Limited
Solution : The correct option is Bharat Heavy Electricals Limited.
BHEL (Bharat Heavy Electricals Limited) is a public-sector industry. It is a government-owned company in India that operates in the heavy electrical equipment manufacturing sector, primarily focused on power generation and transmission. It
Question : Case Study 74
UVW Ltd. is a conglomerate that has recently traded its shares on a stock exchange. The company's management is considering the functions of a stock exchange.
Question :
What is the function of a stock exchange that ensures transparency in trading and prevents fraudulent activities?
Option 1: Allocation of resources
Option 2: Providing loans to companies
Option 3: Regulation of credit rating agencies
Option 4: Regulation of insider trading
Correct Answer: Regulation of insider trading
Solution : The correct answer is (d) Regulation of insider trading
The function of a stock exchange that ensures transparency in trading and prevents fraudulent activities is the regulation of insider trading. Insider trading involves the illegal practice of trading stocks or other securities
Question : Statement 1: The marketing concept focuses on customer satisfaction through value creation.
Statement 2: Selling concept solely relies on understanding customer preferences.
Option 1: Both statements are correct.
Option 2: Statement 1 is correct, and statement 2 is false.
Option 3: Both statements are incorrect.
Option 4: Statement 2 is correct, and statement 1 is incorrect.
Correct Answer: Statement 1 is correct, and statement 2 is false.
Solution : The correct answer is (b) Statement 1 is correct, and statement 2 is false.
Statement 1 is correct. The marketing concept indeed focuses on identifying and satisfying customer needs and wants by creating value through products, services,
Question : With increase in national income by Rs.5000 crore, investment increased by Rs.10000 crore, the value of multiplier is
Option 1: 5
Option 2: 2
Option 3: 1
Option 4: 0.5
Correct Answer: 0.5
Solution :
Hence, Option D is correct.
Question : Statement 1: The Unemployment Insurance Scheme provides financial assistance to unemployed individuals in India.
Statement 2: The scheme is funded by contributions from both employers and employees.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Correct Answer: Statement 1 is true, statement 2 is false.
Solution : The correct answer is (c). Statement 1 is true, but statement 2 is false.
The Unemployment Insurance Scheme (UIS) is a government-run program that provides financial assistance to unemployed individuals in India. The UIS is funded by the
Question : What time would be taken into consideration if monthly amount is drawn as drawings at the beginning of each month?
Option 1: 7 months
Option 2: 6 months
Option 3: 5 months
Option 4: 6.5 months
Correct Answer: 6.5 months
Solution : Time Period = (Time left after 1st drawings + Time left after last drawings)/2 = (12 + 1)/2 = 6.5 months. Hence, the correct option is 4.
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