Questions

Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: When all the credit worthy people were given loans to a logical limit, they ceased to be a part of the market.
Q: Even this would have been understandable if it could work as an eye opener.
R: Owing to the materialistic culture elsewhere, it was possible to keep selling newer products to the consumers despite having existing ones which served equally
well.
S: They were lured through advertising and marketing techniques of 'dustbinisation' of the customer; and then finally, once they became ready customers, they were
given loans and credits to help them by more and more.

A) PRQS B) RSPQ
C) QSPR D) RPQS 
 
Answer & Explanation Answer: B) RSPQ

Explanation:
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Q:

In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?

A) 4.20% B) 3.20%
C) 2.20% D) 4.00%
 
Answer & Explanation Answer: B) 3.20%

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.


You must not waste your leisure time doing nothing, rather you should engage yourself in such activities that will blow off steam and recharge you for the future endeavours.

A) Release surplus energy B) Take steam bath
C) To make someone fidgety D) To exercise the brain
 
Answer & Explanation Answer: A) Release surplus energy

Explanation:

The idiom “blow off steam” means to express one’s anger, usually noisily and harmlessly, thereby relieving one’s tension. The above sentence states that one should not waste one’s time and utilise it in releasing negative energies to get charged up. Only option 1 goes with this meaning, hence option 1 is correct.

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Q:

In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement.

As the files were being arranged/ been lost for several decades now (P)/ which were believed to have (Q)/ into a stack, the butler cam (R)/ across information about several of the family heirlooms (S)

A) RSQP B) PQRS
C) SRQP D) QSRP
 
Answer & Explanation Answer: A) RSQP

Explanation:

The most logical segment that can follow the first segment is R, 'being arranged into a stack'. This leaves us with only one option i.e. option 1. Hence, the correct answer is RSQP.

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

I heard it on the grapevine that the vacancies are going to be increased this year for many posts.

A) To hear some official news about something B) To inform people about something
C) To acquire information by unofficial communication D)  To be sure of something
 
Answer & Explanation Answer: C) To acquire information by unofficial communication

Explanation:

The idiom “to hear it on the grapevine” means to hear about something from informal communication or to hear a gossip. The above sentence talks about the rumour that is spread about the number of vacancies for various posts. Hence, option 3 is correct.

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Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

It is obviously wrong as the cost of school uniform, books and stationery, and transport, ________ all are under the monopoly of the school, are not included. ______________ private schools want additional money for special occasions like festivals, picnics, ______________ and projects. And they often recommend tuition for the children. None of this ______________ in this cost calculation. However, the family __________ this burden and these items add significantly to the revenue of private schools.

 

______________ private schools want additional money

 

A) Occasionally B) Randomly
C) Rarely D) Mostly
 
Answer & Explanation Answer: A) Occasionally

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