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Staff Selection Commission Combined Graduate Level Exam

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Question :

Capital market deals with:

Option 1:

Short term fund

Option 2:

Long term fund

Option 3: Cash

 

Option 4: Both long and short term funds

Team Careers360 24th Jan, 2024

Correct Answer:

Long term fund


Solution : The correct option is Long term fund

The term "capital market" refers to a market where trading of financial securities between buyers and sellers takes place. Suppliers are those individuals or groups who have the funds to lend or invest. Acting as a

24 Views

Question : A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of the principal?

Option 1: Rs. 820

Option 2: Rs. 780

Option 3: Rs. 700

Option 4: Rs. 720

Team Careers360 23rd Jan, 2024

Correct Answer: Rs. 720


Solution : Simple interest for 3 years = $1200 - 1020 = 180$ (or 60 for 1 year)
Then simple interest for 5 years = $60 \times 5 = 300$
The sum becomes 1020 in 5 years, hence, principal amount = $1020 - 300 = 720$

95 Views

Question : If the price of petrol increased by 7%, then by what percentage should the consumption be decreased by the consumer, if the expenditure on petrol remains unchanged?

Option 1: $6 \frac{58}{107} \%$

Option 2: $5 \frac{11}{107} \%$

Option 3: $3 \frac{49}{107} \%$

Option 4: $4 \frac{99}{107} \%$

Team Careers360 23rd Jan, 2024

Correct Answer: $6 \frac{58}{107} \%$


Solution : Let the price of petrol be Rs. 100.
The price of petrol increases by 7%, the new price = 100 + 7% of 100 = 107
The price of petrol increases by 7%, the new price = Rs. 107
The consumption be decreased

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Question : Select the most appropriate SYNONYM of the given word.

REVIVE

Option 1: Review

Option 2: Depress

Option 3: Restore

Option 4: Damage

Team Careers360 23rd Jan, 2024

Correct Answer: Restore


Solution : The correct choice is the third option.

Revive means to bring back to life, consciousness, or strength. Similarly, restore implies the act of returning something to its original or normal condition, making it the most suitable synonym in this context. Both words convey the idea

14 Views

Question : Directions: Select the Venn diagram that best illustrates the relationship between the following classes.
Women, Mother, Sister

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 23rd Jan, 2024

Correct Answer:


Solution : As per the general information, both the sisters and mothers are women. Therefore, the circles representing mothers and sisters will be inside the circle that represents women. Also, some mothers can be sisters and some sisters can also be mothers. Therefore, the circles representing mothers and

46 Views

Question : A dealer marks his goods at 20% above the cost price and allows a discount of 15% on the marked price. What is his gain or loss percentage?

Option 1: 4% gain

Option 2: 2% loss

Option 3: 2% gain

Option 4: 4% loss

Team Careers360 25th Jan, 2024

Correct Answer: 2% gain


Solution : Given:
A dealer marks his goods at 20% above the cost price and allows a discount of 15% on the marked price.
Let the cost price be 100.
So, the marked price is (100 + 20) = 120
We know, Selling price = $\frac{(100-\text{Discount%})}{100}\times

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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".

When in doubt (check it up with) a good dictionary.

(1) check it up in

(2) check it in

(3) check it with

(4) No Improvement

Option 1: (1)

Option 2: (2)

Option 3: (3)

Option 4: (4)

Team Careers360 24th Jan, 2024

Correct Answer: (2)


Solution : The sentence can be improved using the second option.

This option correctly changes check it up with to check it in. It uses the appropriate preposition "in" to indicate searching for information within the dictionary.

Therefore, the correct sentence is: When in doubt check it

49 Views

Question : The following bar chart shows the trends of foreign direct investment (FDI) into India from all over the world.


What was the average of India's FDI over the years 1992–1995 (rounded off to the nearest integer)?

Option 1: 7

Option 2: 8

Option 3: 10

Option 4: 9

Team Careers360 24th Jan, 2024

Correct Answer: 10


Solution : India's FDI in the year 1992 = 5.7
India's FDI in the year 1993 = 10.15
India's FDI in the year 1994 = 12.16
India's FDI in the year 1995 = 10.12
$\therefore$ Average India's FDI over the years 1992–1995 = $\frac{(5.7+10.15+12.16+10.12)}{4}$ = 9.5325 $\approx$

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