Nift
Nift
Nift
Directions (Questions 1-4) : In each of these questions, choose the alternative which can replace the
underlined word printed in bold without changing the meaning of the sentence.
7. The inspector of excise has to conduct regular checks and __________ to visit the unit at least
once a day.
(1) is required (2) requires (3) is requiring (4) required
8. He used to pray everyday, believing that as long as he __________ so, he would be safe.
(1) doing (2) does (3) did (4) will do
1
Directions (Questions 9-12) : In each of these questions, choose the alternative which is closest to
the opposite in meaning of the underlined word in the sentence.
9. The committee set about making provisional arrangements for the annual conference.
(1) unconditional (2) abiding (3) permanent (4) lasting
10. The priest would not allow anyone to desecrate the sanctity of the temple.
(1) sanctify (2) profane (3) intensify (4) violate
11. I think you should undertake this job; it would really be a profitable venture for you.
(1) accept (2) give up (3) conceal (4) retrieve
Directions (Questions 13-14) : In each of the following questions, choose the alternative that can be
substituted for the given words /sentence.
13. An associate in an office or institution
(1) Companion (2) Ally (3) Colleague (4) Accomplice
Directions (Questions 15-17) : In each of the following questions, an idiomatic expression /proverb
has been given, followed by some alternatives. Choose the one which best expresses the meaning of
the given idiom/proverb.
15. To read between the lines
(1) To concentrate (2) To read carefully
(3) To suspect (4) To grasp the hidden meaning
2
Directions (Questions 18-19) : In each of the questions below, only one among the given alternatives
is correctly spelt. Find out the word with correct spelling.
Directions (Questions 20-21) : In each of these questions, choose the wrongly spelt word.
Directions (Questions 22-23) : From amongst the options given below each word, choose the
appropriate singular form.
22. Socks
(1) Socks (2) Sock (3) Socke (4) None of these
23. Teeth
(1) Teeth (2) Toothe (3) Tooth (4) None of these
Directions (Questions 24-25) : From amongst the options given below each word, choose the
appropriate plural form.
24. Ox
(1) Oxes (2) Oxen (3) Herd (4) None of these
25. Fish
(1) Fishes (2) Fishy (3) Fish (4) None of these
3
Directions (Questions 26-45): Study the passages below and answer the questions that follow each
passage.
Passage–I
The weeks following demonetisation have been accompanied by growing intrusiveness of the state.
Big government seems to be back with a vengeance. But India's earlier experiment in this area led to
an inspector raj and created opportunities for corruption to flourish. It must not be repeated. A
legitimate expectation of demonetisation was that it would leave trails which could be used to bring
tax evaders to book. This was in line with a series of steps taken over the last decade to create an
audit trail in myriad areas to allow tax authorities to mine data. This is a sound way of widening the
tax net. In addition to tax authorities, agencies such as the Financial Intelligence Unit processed
information related to suspicious financial transactions. India was switching to a more sophisticated
way of enforcing tax rules. It is important that government now builds upon a decade's work. Threats
of tax raids and allowing bureaucrats to exercise excessive power will be counterproductive. The
return of an inspector raj will have a chilling effect on economic activity. It will only prolong the
ongoing economic disruption. Government must send the right message to all economic agents.
Legitimate economic activity ought to be encouraged and needless impediments removed. Exhorting
people to use digital modes of payment is not enough. Different arms of the government should make
better use of technology to do their work.
26. Government can perform better by
(1) imposing more rules and laws. (2) using police force.
(3) utilizing more technology. (4) None of these
4
Passage–II
Are you a shopaholic? Do thoughts of death haunt you? A study has found that thoughts of mortality
can trigger your buying impulse as it makes you feel better about yourself. Researchers in Canada
found that the habits of spendthrifts do not change after contemplating their own mortality.
Compulsive shoppers, on the other hand, go out and buy more. The team wanted to test this
assumption with anti-consumers – people who resist consumption out of a desire to live simply and
with over-consumers – folks who shop till they drop, no matter the season. The researchers did two
experiments with 508 participants who were asked to answer questionnaires identifying their
tendency to resist consumption. They were then randomly assigned to one of two groups – one in the
'death thoughts' group, where participants were asked to describe what they would feel if they were
dying. In the control group, participants were asked to report what they would feel if they were
submitted to a painful dental procedure. They found that anti-consumers seem to care less about
consumption than over-consumers. Afterwards, participants indicated their inclination to purchase a
series of products. By comparing participants in each condition, researchers were able to identify
individual tendencies to increase or reduce consumption due to thoughts of death. They found that in
consumers inclined to over-consume, thinking about death made them even more likely to buy.
31. Compulsive shoppers and spend thrifts have _________ shopping habits.
(1) same (2) similar (3) different (4) no
32. According to research, compulsive shoppers are inclined to buy __________ than others.
(1) more (2) much less (3) less (4) considerably less
5
Passage–III
A leading Indian industrialist in a recent article on ways to strengthen India’s economy has drawn
attention to the problems of inflation and industrial sickness among other things. One of the main
reasons for industrial sickness in our country has been the fact that business and industrial managers
have not been able to look beyond the immediate future. They have been too preoccupied with their
attempts to report favourable results for the current year — higher profits and larger dividends to the
shareholders. The planning horizon has hardly ever exceeded five years. Investments have been
inadequate for new plants and towards diversification and expansions. Modernisation and asset
creation has seriously lagged behind. In business, growth is needed for survival; one has to grow if
one does not want to be wiped out. This is particularly true today with liberalisation of imports and
increasing competition. Moreover, growth and higher productivity create employment; and higher
employment creates larger markets both for industrial and consumer products. It was Henry Ford who
brought home the need for the creation of a larger and a more stable middle class, that is, a larger
number of people who can afford more and more of goods and services. Even after seventy years of
independence our industrialists have not been able to shed the petty shopkeeper’s mentality and our
highly educated management has tagged along merrily and without concern.
36. Which of the following short-comings of Indian industrialists has been highlighted by the
author ?
(1) They invest an unreasonably high amount on diversification and expansion.
(2) They are more concerned for immediate net gains than for developmental activities.
(3) They are reluctant to maintain the shopkeeper mentality.
(4) They are less concerned for payment of dividends to shareholders.
38. Why did Henry Ford stress the need for a more stable middle class ?
(1) They are mostly service oriented.
(2) They do not have shopkeeper mentality.
(3) They can afford to buy more goods and services.
(4) They are most unstable.
39. ‘The planning horizon has hardly ever exceeded five years’ implies
(1) planning should not be for a period of less than five years.
(2) the planning process is very time consuming.
(3) five-year period is too short for successful implementation of plans.
(4) planning should take care of all probable ups and downs in the next five-year period.
6
40. In order to improve the condition of Indian industries, the industrialist should do all of the
following except
(1) giving up the narrow mentality which very small shopkeepers generally have.
(2) striving to earn long term profits.
(3) encouraging competition from industrialists within the country and from abroad.
(4) resorting to long-term planning for industrial growth and expansion in diverse fields.
Passage–IV
Most of us use the products of science — railways, aeroplanes, electricity, wireless and thousands of
others — without thinking how they came into existence. We take them for granted, as if we were
entitled to them as a matter of right. We are very proud of the fact that we live in an advanced age and
are ourselves very advanced. Now, there is no doubt that our age is very different from previous ages
and I think it is perfectly correct to say that it is far more advanced. But it is a different thing from
saying that we, as individuals or groups, are more advanced. It would be the height of absurdity to say
that because an engine driver can run an engine and Plato or Socrates could not, the engine driver is
more advanced than, or is superior to, Plato or Socrates. But it would be perfectly correct to say that
the engine itself is a more advanced method of locomotion than Plato’s chariot was.
41. Which one of the following statements is true ?
(1) An engine driver is cleverer than Plato or Socrates.
(2) Plato or Socrates are in no way inferior to the engine driver.
(3) Plato and Socrates surpassed the engine driver in every respect.
(4) The engine driver cannot be compared to Plato or Socrates.
42. In this passage, the author mentions Plato and Socrates to emphasise that
(1) they were men of great scholarship.
(2) people as individuals in the modern age are not more advanced than their predecessors.
(3) the engine is a better mode of locomotion than Plato’s chariot.
(4) Plato and Socrates had greater respect for learning.
43. According to the author, the present age is far more advanced than
(1) all the previous ages in some respects.
(2) the age of Plato and Socrates in some respects.
(3) some of the previous ages in all respects.
(4) all the previous ages in all respects.
7
46. A building contractor employs 20 males, 15 females and 5 child workers. To a male worker he
pays 25 per day, to a female worker 20 per day and to a child worker 8 per day. What is
the average wage per day paid by the contractor?
(1) 21 (2) 22 (3) 20 (4) 18
47. A tells B, "if you give me 400 then I shall have 5/4 times as much as you have." B tells A, "if
you give me 200, then I shall have three and half times as much as you have." How much
does B have?
(1) 1,200 (2) 900 (3) 800 (4) 1,600
48. Instead of walking along two adjacent sides of a rectangular field, a boy took a short cut along
the diagonal and saved a distance equal to half the longer side. Then the ratio of the shorter side
to the longer side is ___________.
(1) 1/2 (2) 2/3 (3) 1/4 (4) 3/4
49. After covering five-eighth of my journey, I find that I have travelled 60 km. How much journey
is left?
(1) 35 km (2) 40 km (3) 44 km (4) 36 km
50. A man spends 1/3 of his income on food, of the rest 1/4 on house rent and 1/5 on cloth. He still
has 1,760 left with him. Find his income.
(1) 4,500 (2) 4,800 (3) 3,500 (4) 4,750
51. The average weight of 30 students in a class is 60 kg. When 20 new students are admitted, the
average weight is reduced by 2 kg. Find the average weight of the new students.
(1) 55 kg (2) 50 kg (3) 65 kg (4) 52 kg
52. A number gets reduced to its one-third when 48 is subtracted from it. What is two-third of that
number?
(1) 22 (2) 76 (3) 36 (4) 48
53. Which of the following numbers should be added to 11158 to make it exactly divisible by 77?
(1) 9 (2) 8 (3) 6 (4) 7
54. Find the sum of all natural numbers between 100 and 175.
(1) 10450 (2) 10175 (3) 10170 (4) 10435
55. Sum of two numbers is 60 and their difference is 12. Find their product.
(1) 864 (2) 852 (3) 824 (4) 836
8
57. The sum of two numbers is 85 and their difference is 9. What is the difference of their squares?
(1) 765 (2) 845 (3) 565 (4) 645
58. Piyush takes a loan of 10,000. After 1 year, he takes another loan of 10,000 at double the
rate of interest. If he has to pay interest at simple rate of interest & settles the loan by paying
23,600 at the end of two years, what is the initial rate of interest he has to pay?
(1) 8% (2) 9% (3) 10% (4) 11%
59. Naresh puts 10,000 at interest compounded annually for 2 years. Had he invested it at 1%
more rate of interest compounded annually, he would have earned 209 more. What is the
interest rate?
(1) 7% (2) 6% (3) 5% (4) 4%
60. Out of total income, a family spends 30% on house rent. It spends 50% of house rent on ration.
Of the balance it spends 30% on education. What percentage of total income is left?
(1) 16.5% (2) 1.65% (3) 3.85% (4) 38.5%
61. If a shopkeeper sells a table at 10% profit and another table at 5% loss, what is his net
percentage of loss or gain?
1 1
(1) 2 % loss (2) 2 % gain (3) 5% gain (4) 5% loss
2 2
62. A Can contains liquids L1 and L2 in the ratio 11:13. Draw 24 litres of mixture from this Can and
refill it by liquid L2. If the Can has now L1 & L2 in the ratio 2:3, how much quantity of L1 was
in the Can initially?
2 3 1 5
(1) 14 ltr (2) 86 ltr (3) 187 ltr (4) 55 ltr
7 7 7 7
63. Three partners A, B, C shared their profit in the ratio 4:5:6. If A partnered for 10 months, B
partnered for 15 months and C partnered for 16 months, what is the ratio of their investments?
(1) 6:7:9 (2) 27:20:15 (3) 48:40:45 (4) 40:75:96
64. A invested 5000 for 24 months, B invested 6000 for 18 months and C invested 8000
for 12 months. A charged 10% of profit for his expertise of business. If 25000 was the profit
after two years, what is the B's share in profit?
(1) 8500 (2) 8333.33 (3) 9000 (4) 7500
65. Pipes A & B can separately fill a tank in 75 minutes and 90 minutes respectively. Pipe C can
empty the same tank in 3 hours. All the three pipes are opened simultaneously. After half an
hour, pipes A & B are stopped while pipe C continues its work. How long will pipe C take now
to empty the tank?
(1) 102 min (2) 132 min (3) 123 min (4) 140 min
9
66. A runs 10% slower than B and reaches the destination 25 meter behind B. What is the distance
they were to run?
(1) 250 m (2) 275 m (3) 300 m (4) 225 m
67. 16 persons can do a work in 10 days working 9 hours a day. In how many days can 12 persons
do this work while working 8 hours a day?
(1) 10 days (2) 18 days (3) 12 days (4) 15 days
68. A park is 25 meter long and 21 m wide. A 2 m wide path is to be laid in the middle of the park
parallel to length and breadth. What is the cost of laying the path if it costs 20 per sqm.
(1) 1760 (2) 1840 (3) 1880 (4) 5480
69. A hall is 5 m long 4 m wide and 3 m high. What is the cost of white washing its walls and roof
at a rate 25/m2 and laying of marble floor at a rate 175/m2?
(1) 4675 (2) 7000 (3) 5350 (4) 8350
70. In order to show that 7 is irrational by method of contradiction we assume that _________.
(1) 7 is not irrational (2) 7 is real
(3) 7 is not irrational (4) 7 is not rational
74. The area of a triangle with vertices (0, 0), (3, 3) and (–3, 3) is _________.
(1) 9 (2) –9 (3) 3 (4) 6
75. In a linear programming problem, the number of minimum (or maximum) points attained by an
objective function can be ________.
(1) 2 (2) more than 1 (3) only 1 (4) only 2
10
Directions (Questions 76-79): Complete the series by replacing ‘?’
76. HSJ, IRL, JQN, ‘?’
(1) KPR (2) KPP (3) PKP (4) KOP
80. If in a certain language SURVIVE is coded as 9182723 and MONSOON is coded as 6549554,
how is RUMOUR coded in that language ?
(1) 518618 (2) 581618 (3) 865118 (4) 816518
81. A and B start walking from point O. A covers a distance of 300 m in north direction and B
covers a distance of 400 m towards West. How far are they now from each other ?
(1) 700 m (2) 500 m (3) 50 m (4) None of these
82. Aisha, who is Mohan’s daughter, says to Reena, “Your mother Riya is younger sister of my
father, who is third child of Sanjay”. How is Sanjay related to Reena ?
(1) Uncle (2) Father (3) Grandfather (4) Father-in-law
83. How many 7’s not immediately preceded by 4 but immediately followed by 2 are there in the
following series ?
34728729471357299772514723
(1) 1 (2) 2 (3) 3 (4) 4
84. In a row of boys, Anand is eleventh from the left and Deepak is fifteenth from the right. When
Anand and Deepak interchange their positions Anand will be fifth from the left. Which of the
following will be Deepak’s position from the right after rearrangement ?
(1) Seventh (2) Seventeenth (3) Eleventh (4) None of these
85. If in a certain language code ‘nee tim see’ means ‘how are you’, ‘ble nee see’ means ‘where are
you’, then what is the code for ‘where’?
(1) see (2) tim (3) nee (4) ble
86. Shiva walks 10 km towards North and then turns right. After walking 3 km, he again turns right
and walks 7 km. Now he turns left and walks 1 km. How far is he from the starting point ?
(1) 10 km (2) 7 km (3) 20 km (4) 5 km
11
Directions (Questions 87-90) : In each of these questions, a statement is followed by two arguments
numbered I and II. Mark answer as
(1) if only argument I is strong.
(2) if only argument II is strong.
(3) if both the arguments are strong.
(4) if neither argument I nor II is strong.
87. Statement : Has the Medical Science really lengthened the span of life ?
Argument I : Yes, the new drugs have been able to combat the diseases and increases the
span of life.
Argument II : No, the eternal truth that every person’s days are numbered cannot be denied.
90. Statement : Computer based technology is very fruitful for industrial development in India.
Argument I : Yes, accuracy, fast production and fineness are possible through computer
technology.
Argument II : No, it will increase unemployment in the country.
91. Which combination figure best represents the relationship between mosquitoes, ants and
insects?
92. Which of the following combinations of circles best represents athletes, sprinters and marathon
runners ?
12
93. Which of the following combinations of figures best represents males, dogs and pets ?
94. T is the son of P. S is the son of Q. T is married to R. R is Q’s daughter. How is S related to T?
(1) Brother (2) Uncle (3) Father-in-law (4) Brother-in-law
Directions (Questions 95-96) : Study the following information to answer these questions.
In a class, 30% of the students gave their names to participate in the NSS and 75% to participate
in the NCC. Three students participate in neither of these two and six students wanted to
participate in both.
95. What percentage of student wants to participate only in the NSS ?
(1) 30% (2) 25% (3) 15% (4) 20%
96. What percentage of students wants to participate in only one programme - either NSS or NCC ?
(1) 85% (2) 90% (3) 75% (4) 20%
Directions (Questions 97-100) : Each of these questions has an assertion (A) and reason (R). Mark
answer as
(1) if both (A) and (R) are true and (R) is the correct explanation of (A).
(2) if both (A) and (R) are true but (R) is not the correct explanation of (A).
(3) if (A) is true but (R) is false.
(4) if (A) is false but (R) is true.
97. Assertion (A) : Devaluation of a currency may promote export.
Reason (R) : Price of the country’s products in the international market may fall due to
devaluation.
99. Assertion (A) : According to statistics, more female children are born each year than male
children in India.
Reason (R) : In India, the death rate of a male child is higher than that of the female
child.
100. Assertion (A) : Insect resistant transgenic cotton has been produced by inserting Bt gene.
Reason (R) : The Bt gene is derived from a bacterium.
13
101. The Election Commission of India was set up in the year______.
(1) 1948 (2) 1949 (3) 1950 (4) 1951
102. India signed the famous ‘Panchsheel Treaty’ on peaceful coexistence with
(1) Nepal. (2) China. (3) Pakistan. (4) Bangladesh.
103. Which one of the following places in Kashmir Valley is also known by the name ‘The Meadow
of Gold’?
(1) Gulmarg (2) Pahalgam (3) Sonamarg (4) Yusmarg
104. Which city in Karnataka is also known as its cultural capital and is famous for its various
temples, palaces, forts and old churches?
(1) Bangalore (2) Mysore (3) Hubli (4) Shimoga
105. Which state is known for its renowned Maheshwari and Chanderi saris?
(1) Karnataka (2) Madhya Pradesh (3) Tamil Nadu (4) Rajasthan
106. Which fort in Rajasthan is a blend of Hindu and Mughal architecture constructed by Raja Man
Singh in 1592?
(1) Chittorgarh Fort (2) Ranthambhore Fort (3) Amber fort (4) Jaisalmer Fort
107. Who among the following has constructed the famous ‘Shree Shirdi Sai Mandir’ in holy town
of Shirdi, Maharashtra?
(1) Shri Balaji Vasant (2) Shreemant Gopalrao
(3) Baba Murlidhar (4) None of these
108. ‘YOUR STYLE. YOUR STORE.’ is the tag line of which of the following retail chains?
(1) Lifestyle (2) Pantaloons (3) Landmark (4) Shoppers Stop
109. The popular fabric and apparel brand J. Hampstead belongs to____________.
(1) Raymond Group (2) Aditya Birla Group
(3) Dinesh Suiting (4) Siyaram Silk Mills.
110. Which one of the following personalities is the brand ambassador of popular brand HP personal
computers?
(1) Priyanka Kapoor (2) Deepika Padukone
(3) Anushka Sharma (4) Kangana Ranaut
112. Which one of the following clothing brands was the title sponsor of the Mr. India 2016 held in
November 2016?
(1) Peter England (2) Van Heusen (3) Park Avenue (4) Louis Philippe
14
113. ‘Agile’, is the sports lifestyle brand from the house of_________.
(1) Shoppers Stop (2) Reliance Trend (3) Lifestyle (4) Pantaloons
115. Which one of the following clothing brands is not owned or marketed by Raymond Group?
(1) ColorPlus (2) Arrow (3) Park Avenue (4) Parx
116. Who has been appointed as the 44th Chief Justice of India?
(1) R M Lodha (2) H L Dattu (3) T S Thakur (4) J S Khehar
117. Which of the following retail stores belongs to Aditya Birla Retail Group?
(1) Big Bazaar (2) Croma (3) Hypercity (4) More
118. Who has become the Prime Minister of Britain in July 2016?
(1) Theresa May (2) David Cameron (3) Boris Johnson (4) None of these
119. Daikin is considered world's number one air conditioning company from __________.
(1) China (2) South Korea (3) Japan (4) Indonesia
120. Who won the Wimbledon Women’s Singles tennis title 2016?
(1) Angelique Kerber (2) Serena Williams
(3) Venus Williams (4) Garbine Muguruza
121. Which of the following is the bank established by BRICS group of countries?
(1) New Strategic Bank (2) World Development Bank
(3) Fortune Development Bank (4) New Development Bank
123. Shimon Peres who passed away in September 2016 was the former Prime Minister, President
and most eminent elder statesman of _________.
(1) Egypt (2) Israel (3) Jordan (4) Turkey
125. Brazil won the gold medal in men’s football finals in the Rio 2016 Olympics by defeating
which country?
(1) Argentina (2) Germany (3) Spain (4) Mexico
15
Directions (Questions 126-137): Read the following caselets and answer the questions given at the
end of each caselet on the basis of information provided.
Caselet-I
The Dabba Food Factory is a set up engaged in serving and home delivering vegetarian meals
including breakfast, lunch and dinner. It has got 32 outlets in and around Delhi and is known for
reasonably priced, well cooked and clean food. It has also got tiffin supply system. Most of its outlets
being in the vicinity of educational institutions such as university, it caters to about 4000 students on
a regular basis. Its turnover at present is approximately 6 crore per annum. Very recently, it has got
an offer from an international chain - LpTune - for franchise tie up at a license fee of 4 crore per
annum. With LpTune brand name, it will be able to cater to the corporate clients too for their regular
tiffin requirements and it will be able to charge a price premium of almost 10%. A recent survey
indicated that its student population is likely to shift to another similar set up the moment the Dabba
Food Factory becomes a franchise of LpTune.
126. The assumption made by students in shifting to another supplier on Dabba Food Factory tying
up with LpTune is that
(1) the food will become costly. (2) it will no more serve homecooked food.
(3) the quality will suffer. (4) None of these
127. Financially, the Dabba Food Factory on tying up with LpTune will
(1) be better off. (2) be worse off.
(3) Nothing can be said (4) None of these
128. The Dabba Food Factory food post-tie up with LpTune will
(1) be as costly as it is at present.
(2) become more costly as compared to present.
(3) be lesser costly as compared to present.
(4) None of these
129. At present, the major share of the Dabba Food Factory's customers comes from
(1) households. (2) corporates. (3) students. (4) None of these
Caselet-II
Established in the 1980s, CavinKare has been immensely successful in tapping the rural and
semi-urban markets and is widely recognized as a pioneer of sachet marketing and mass marketing in
rural areas. In 1983, CavinKare launched Chik Shampoo in 10 ml packs. It later launched the product
in 50 paise sachets, especially for the rural markets. In 1992, Chik Shampoo became the numero uno
shampoo brand in South India. Where MNCs sold products in fancy bottles and to big stores,
CavinKare concentrated on small retail shops in rural markets. In 1999, CavinKare began to work on
its plans of having a national presence. The market share of Chik Shampoo grew from 5.6% in 2005
16
to 23% in 2010. In 2011, Chik Shampoo was a 100 crore brand and emerged as Number One
brand of rural India, and 65% of its sales were generated in rural India. The company logged sales of
700 crore in 2015 and has set an ambitious sales target of 5,000 crore by 2020.
130. CavinKare is a
(1) national presence company. (2) MNC
(3) regional company. (4) None of these
131. Most of the MNCs have been selling their shampoo products in
(1) urban big stores. (2) urban small stores.
(3) rural areas. (4) None of these
133. If CavinKare's revenues have been doubling since 2015, what will be its revenue in 2020?
(1) 5,000 crore (2) 5,200 crore
(3) 5,600 crore (4) None of these
Caselet-III
Raj Mal Jewellers is a leading jewellery firm in Hyderabad and they have a reputation of producing
the best quality gold jewellery in Hyderabad. With one of their sons Sumeet having completed his
MBA from a ranked management school, they have embarked upon renovation of the firm. With the
gold rates sky rocketing, they decided to buy gold in bulk as an investment. At 28,000 per 10 gm,
they bought gold worth 270 crore and again as the rates went up, they bought gold worth 396
crore at 32,000 per 10 gm. The international market crashed and they had to sell the entire gold at
29,000 per 10 gm to repay the interest free friendly loan.
134. Raj Mal Jewellers bought gold assuming that
(1) the market rate will keep going up in future too.
(2) Sumeet will be able to come up with an innovative scheme.
(3) the demand for jewellery will go up.
(4) None of these
135. Raj Mal Jewellers sold off the gold assuming that the
(1) market rate will keep going up in future too.
(2) market rate may further go down.
(3) demand for jewellery will go down.
(4) None of these
17
136. As a buying and selling decision, Raj Mal Jewellers
(1) gain from the deal. (2) lose in the deal.
(3) Nothing can be said about the deal. (4) None of these
137. The buying and selling decision of Raj Mal Jewellers was a/an
(1) part of the renovation plan.
(2) part of the routine business process.
(3) international gold market driven decision.
(4) None of these
139. India at present is to some extent at par with the developed countries in terms of technological
development.
140. Foreign companies are more equipped than domestic companies to provide quality service in
good time.
141. No other developing country except India claims that it has highly trained technical manpower.
18
Passage-II
It is generally accepted that if the monsoon is poor in any given year, it will have a significantly
negative impact on the lives of millions. Some lives, such as those of the farmers, are affected
directly because of poor crop yield; others are affected indirectly as the economic growth slows
down. Similarly, the years with good monsoon bring smile and prosperity to the lives of many. For
instance, India recorded a sharp jump in its rate of growth after years of good performance in the
recent years. This unfortunate cycle affects the lives of millions of poor and hapless. But it need not
be this way. In the jargon of financial economics, monsoon risk is a diversifiable risk. In other words,
it is an insurance risk. Though one might wonder who will provide the insurance against poor
monsoons if everyone is adversely affected by poor monsoon? The answer is – the international
investor.
142. Majority of the people outside India are not affected by the poor monsoon in India.
143. Monsoons in India have been good only in the alternate years during the past few years.
144. There has been considerable growth in India's economy during the recent years.
145. Scanty monsoon adversely affects the lives of only the poor people in India.
146. All over the world, diversifiable risks are always covered by the insurance companies.
Passage-III
One of the greatest advantages a company has over its competitors is a system of distribution and
product support, i.e., the dealer network. Dealers play a vital role in helping a company build and
maintain close relationships with customers and gain insights into how they can improve their
products and services to fulfill customer needs. And a company can achieve customer loyalty through
dealer loyalty. Therefore, it must make efforts to build their competence, for more effective
performance. Dealers who are long established members of a company can get close to customers,
but to tap the full potential of such dealers, a company must forge extremely close ties with them and
integrate them into its critical business systems. When treated this way dealers can serve as a source
of market intelligence, as proxies for customers, as consultants and the dealers. Although these
investments take the usual form of money, it also includes softer aspects such as training and
development.
147. The customers are more forthright in giving their feedback about a product or a service to the
dealers than to the staff of the company or a surveyor.
148. Trusted dealers are the direct link between the company and the customers.
149. Developing a network of dealers is more useful while launching a new product or service.
150. The company should insist dealer loyalty to the extent that the dealer will not sell similar
products of any other company.
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