KRISHNA MOHAN

Tuesday, 11 July 2017

Quant Quiz

Quant Quiz
Directions (1-5): Study the following Pie Graph carefully and answer the questions given below.Cost estimated by a family in renovation of its house.Total cost estimate Rs.240000

1. During the process of renovation the family actually incurs miscellaneous expenditure of Rs.20400. The miscellaneous expenditure incurred by the family is what percent of the total estimated cost?(1) 9.5 (2) 9 (3) 8.5 (4) 10.5 (5) None of these
2. Other than getting the discount of 12% on the estimated cost of furniture and the actual miscellaneous expenditure of Rs. 20,400 instead of the estimated, the family’s estimated cost is correct. What is the total expenditure of the family in renovation of its house (In Rs.)?(1) 237456 (2) 231852 (3) 239000 (4) 233000 (5) None of these
3. What is the difference in the amount estimated by the family on Interior Decoration and Architect Fees (In Rs.)?(1) 20000 (2) 19000 (3) 14400 (4) 18000 (5) None of these
4. What is the cost estimated by the family on Painting and Flooring together (In Rs.)?(1) 73000 (2) 69600 (3) 72000(4) 69000 (5) None of these
5. The family gets a discount on Furniture and pays 12% less than the estimated cost on Furniture. What is the amount spent on furniture (In Rs.)?(1) 26400 (2) 29052 (3) 27052 (4) 27456 (5) None of these
Directions (6-10): Study the following table and answer the questions given below.The following table details the revenue of three major Indian software companies A, B and C and total revenue of all Indian software companies from 2008 to 2012.

Year	A (in crores)	B (in crores)	C (in crores)	Total (including all companies)
2008	587	897	303	1891
2009	1030	1135	410	2660
2010	1275	1531	510	3460
2011	1820	2070	700	4720
2012	2400	2800	1025	6300

6. What is the simple growth rate of the total revenue from 2008 to 2012?(1) 233% (2) 258% (3) 235% (4) 242% (5) Cannot be determined
7. Which of the following statements is/are true?I. The revenue has shown the highest growth rate for company B.II. If revenues of company C grows at the same rate from 2013 to 2017 as 2008 to 2012, then output in 2017 will be Rs.2100 crore.III. The ratio of revenues of company A and C in 2010 is 1:4.(1) Only I (2) Only II (3) Only III (4) Both I and III (5) None of these
8. If the share of company B’s revenue in the total remains same in 2014 as in 2012; and in 2014, the total output is Rs. 9000 cr, the revenue of company B in 2014 is(1) Rs.4000 cr (2) Rs.3000 cr (3) Rs.2000 cr (4) Rs.2500 cr (5) Cannot be determined
9. Which of the following statements is/are true?I. Revenues of company B grew at a (simple rate of ) 22% per annum from 2008 to 2012.II. Total revenue of A, B and C grew at (a simple rate of) 15% per annum on an average from 2008 to 2012..III. Revenues of company A is growing fastest during the period shown above.(1) Only I (2) Only III (3) II and III (4) Both I and II (5) None of these
10. What was the total Revenue of software companies other than those mentioned in the table in 2009 in crores?(1) 85 (2) 75 (3) 109 (4) 65 (5) Cannot be determined
ANSWERS:
1. (3)
Required percentage = 20400/240000 * 100 = 8.5
2. (1)
Estimated mislaneous cost = 8% of 240000 = 19200
Total expenditure of family = 240000 – 19200 + 20400 – 12% of 13% of 240000 = 237456
3. (5)
Required difference = (19-11)% of 240000 = 19200
4. (2)
Requires cost = (15+14)% of 240000 = 69600
5. (4)
Amount spent on furniture = (100-12)% of 13% of 240000 = 27456
6. (1)
Required percentage = {(6300-1891)/1891 * 100} = 233%
7. (5)
Statement I is false as growth rate of system software is lower than that of financial software.
Statement II is false as nothing is mentioned about growth rate from 88 to 89.
Statement III is false as the ratio of financial software to utilities in 1986 is 2.3.
8. (1)
Let the required value be x. Then
2800/6300 = x/9000
X = 4000
9. (2)
Statement I : [{(2800 - 897)/897} * 100]/4 = 53%
Hence statement I is false.
Statement II : [(6225 - 1787)/1787 * 100] /4 = 62%
Hence Statement II is false.
Statement III: As seen from the table financial software is the only category where the figure in 2012 is more
than 4 times that in 2008
Hence statement III is true.
10. (1)
2660 – (1030 + 1135 + 410) = 85 cr.

New Pattern English

Directions (1-6): Read the paragraphs given in each question and choose a suitable summary from the given options:

Q1. The liberal democracies of the west benefited from the end of the Soviet bloc, but it is hard to argue that low oil prices in the Arab and Muslim world led to much peace and stability. One safe observation today is that the slump in global oil prices has notably dimmed hopes that emerging powers might continue their growth and modernization, simultaneously becoming solid stakeholders in a stable international order.

(a) The stagnating growth of emerging markets and conflict in the Middle East which is a disadvantage far outweighs the advantages accruing to the west from the oil price slump.

(b) Recessionary trends refuse to let up as growth in emerging markets remains sluggish limiting their ability to demand oil. Slow demand in turn has created problems for the Soviet bloc and the Arab world.

(c) The slump in oil prices has proved advantageous to the liberal West but has compounded the problems for the rest of the world resulting in conflict in the Arab world and deceleration in growth of emerging markets.

(d) The dismantling of the Soviet Bloc has helped liberal democracies in the west. This has been made possible through low global oil prices.

(e) None of the above is correct

Q2. Today we know much more about how and why HIV the virus that leads to AIDS has become a global pandemic. Unsurprisingly, sex workers unwillingly played a part. But no less important were the roles of trade, the collapse of colonialism, and 20th Century sociopolitical reform.

(a) Diseases do no assume epidemic proportions without the aid of sociopolitical and economic factors.

(b) Trade and commerce, among other factors, played an important role in the spread of the HIV virus which causes AIDS.

(c) The AIDS epidemic was also fanned by the decline of colonialism and trade and commerce along with social and political changes effected in the 20th century.

(d) The chief reason for the spread of the AIDS causing HIV virus was sex workers and post colonial reform measures of the 20th century.

(e) None of the above is correct

Q3. Surprisingly, it works. Repeating myself afterwards minus the cups I sound even more convincing about the specifics of my fish-and-chip dinner than I did the first time round. The cups device is just one of the many exercises taught in City Academy’s ‘How to Get Heard in Meetings’ course, which, while open to anyone, is being marketed as an especially female-friendly way to apply performance techniques to everyday scenarios. Women have long struggled to make themselves heard in the workplace. In 2014, Harvard Business Review reported that “we have consistently heard women say that they feel less effective in meetings than they do in other business situations. Some say that their voices are ignored or drowned out. Others tell us that they can’t find a way into the conversation … In fact, several men reported seeing a female colleague get rattled or remain silent even when she was the expert at the table.”

(a) Executives with poor communication skills often struggle to get themselves heard at meetings. Female executives have been noted to get rattled and drowned out at such meetings.

(b) Male executives in modern business organizations do not allow their female counterparts the space to voice their thoughts in discussions. This causes women executives to feel less effective in meetings.

(c) Women often struggle to make their points in official meetings perhaps because they are outnumbered by their male colleagues or ignored. Communication exercises have become a popular method to set right this state of affairs.

(d) Female executives usually opt for performance techniques to improve their communication skills at meetings.

(e) None of the above is correct

Q4. In a commentary, the Vatican daily Osservatore Romano said treatment of this kind towards religion “is not new” and stressed that religious figures have repeatedly condemned violence in the name of God. “Behind the deceptive flag of uncompromising secularism, the weekly is forgetting once more what religious leaders of every faith unceasingly repeat to reject violence in the name of religion using God to justify hatred is a genuine blasphemy, as pope Francis has said several times,” it said. The commentary added: “In Charlie Hebdo’s choice, there is the sad paradox of a world which is more and more sensitive about being politically correct, almost to the point of ridicule, yet does not wish to acknowledge or to respect believes’ faith in God, regardless of the religion.”

(a) Religion has recently been deemed the promoter of bloodshed because of the element of fanaticism without considering the ample examples of situations wherein religion has been the messiah of peace. Believers respect this power of God and religion, and this notion should be acknowledged.

(b) Religious leaders cite religion as the chief means of ensuring peace by evoking the name of God to stop violence. Yet the secular movement deceives people.

(c) We live in times where the greatest virtue among people is to be politically correct. Yet the media refuses to respect peoples’ faith in God.

(d) The Charlie Hebdo incident has revealed the potential of religion to turn into a divisive force which permits violence to curb dissent. However, religious leaders continue to reject violence in the name of God and label it blasphemy.

(e) None of the above is correct

Q5. University of Oregon’s Lundquist College of Business and his co-authors compared the effective tax rates paid by a sample of American firms between 2002 and 2011 with a measure of those companies’ CSR programmes compiled by MSCI, an index provider. It found that the companies which do the most CSR also make the most strenuous efforts to avoid paying tax – and that those which a high CSR score also spend more lobbying on tax. The most obvious explanation for this inverse relationship is hypocrisy. Surely CSR depends on the idea that firms have an obligation to society, not just to shareholders? And surely the most basic obligation to society is to pay the taxes that support the poor and vulnerable? Another explanation is that firms are not monoliths but collections of rival fiefs with different priorities. The department that oversees the CSR programmes, and thus has an interest in boosting their budgets, may never talk to those in the finance department who are paid to minimize the tax bill.

(a) A recent study by researchers at the University of Oregon has revealed that companies that do the most CSR also indulge in tax avoidance strategies, thereby exposing the hypocrisy of these corporate giants.

(b) A recent survey supports the public opinion that companies that do the most CSR also indulge heavily in aggressive tax planning to please shareholders. This state of affairs could be a result of double standards or lack of coordination in departmental goals.

(c) A recent study by researchers at the University of Oregon reveals an inverse relationship between expenditure on CSR and lobbying on tax. These findings are highly suggestive of conflicting interdepartmental goals in business firms and hypocrisy of the corporate class.

(d) The findings of recent research suggest that companies with high expenditure on CSR also engage in greater tax lobbying. This could result from double standards or conflicting interdepartmental goals.

(e) None of the above is correct

Q6. The concept of the modern, open democracy that embraces freedom, diversity and human rights, is under threat. We live in a time of conflict unlike any other. A war is underway that is not just being fought out on conventional battlefields among state powers, but on the internet and the streets of our towns and cities, as the citizens of Paris found to a shocking cost in November.

(a) The concept of modern society and freedom of speech are under threat due to the rise of modern forms of warfare.

(b) The ideals of democracy are at war with an emerging threat. Unlike previous wars, this war is not confined to secluded battlefields and has spread over the internet and our homes.

(d) Terrorism, armed with modern technology and modern forms of warfare, has emerged as the greatest threat to the ideals of liberty.

(e) None of the above is correct

Directions (7-15): In each question below, the word at the top of the question is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIATE.

Q7. DISSIPATE

(a) The wind finally dissipated the smoke.

(b) The industrious people from Gujarat are dissipated over the whole of India.

(d) The dark clouds which threatened rain finally dissipated.