AIEEE Questions

Q:

The gas provider Centrica has seen its half-year profits fall by 20% to £992 million. Despite this it has decided to increase its dividend to shareholders to 3.9p per share. The rise in energy prices released before the announcement of Centrica's profits was designed, said the company, to restore "reasonable profitability". The chief executive, Sam Laidlaw, said, "We produced a good set of results in tough market conditions... we will continue to concentrate on improving customer service in British Gas..." This is an interesting statement given the record rise in prices to households. The announcement of profits which are not far off one billion pounds, a day after the announcement of the rise in price and the increase in dividend to shareholders, is likely to provoke angry reaction. Many will question the extent of the market power that Centrica possesses. There will also be those that will question what the phrase 'reasonable profitability' means in the context of profits of nearly one billion pounds.

Question: 1) Announcing large profits, soon after announcing price rises, is likely to provoke angry reaction.

Question: 2) Companies increase shareholder dividends when profits fall.

Question: 3) One way companies can restore profitability is to increase prices.

Answer

Answer 1) True


Answer 2) Cannot tell


Answer 3) True

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10 5484
Q:

A sum of money at simple interest amounts to Rs. 415 in 2 years and to Rs. 514 in 4 years. The sum is ?

A) Rs. 316 B) Rs. 251
C) Rs. 154 D) Rs. 294
 
Answer & Explanation Answer: A) Rs. 316

Explanation:

S.I. for 2 years = (514 - 415) = Rs. 99
S.I. for 1 year = 99/2

Principal = (415 - 99) = Rs. 316.

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Filed Under: Simple Interest
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2 5482
Q:

Mohan was married 5 years ago. At present his age is 6/5 times of his age at the time of marriage. His wife is 3 year younger to him. Find his wife’s present age?

A) 21 yrs B) 24 yrs
C) 27 yrs D) 30 yrs
 
Answer & Explanation Answer: C) 27 yrs

Explanation:

Let Mohan present age = p

ATQ,

5/6 x p = p - 5

p = 30

His wifes age = 30 - 3 = 27 yrs.

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Filed Under: Problems on Ages
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14 5474
Q:

 83% of 2350 = ?

A) 1889.95 B) 1912.35
C) 1875.25 D) 1950.50
 
Answer & Explanation Answer: D) 1950.50

Explanation:
83% of 2350 = ?
 
83/100 x 2350
 
=8.3 x 235
 
=1950.50
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Filed Under: Percentage
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12 5471
Q:

The slogan 'Garibi Hatao' or 'Garibi Unmulan' was given in which five year plan?

A) Second plan B) Fourth plan
C) Fifth plan D) Sixth plan
 
Answer & Explanation Answer: C) Fifth plan

Explanation:

Fifth Five Year Plan (1974–1978)

 

The Fifth Five-Year Plan laid stress on Employment, Poverty Alleviation (Garibi Hatao), and Justice. The plan also focused on self-reliance in agricultural production and defense.

 

In 1978 the newly elected Morarji Desai government rejected the plan.

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Filed Under: General Awareness
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12 5471
Q:

What will be added to the unit digits of the number 86236 so that number will be divisible by 9  ?

A) 1 B) 2
C) 3 D) 0
 
Answer & Explanation Answer: B) 2

Explanation:

A number is divisible by 9 only if the sum of the digits of the number is divisible by 9.

Here 86236 = 8 + 6 + 2 + 3 + 6 = 25

We must add 2 to 25 to become 27 which is divisible by 9.

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Filed Under: Problems on Numbers
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4 5469
Q:

The cabinet minister of India who deals with Ministry of Defence in June 2017  ?

A) Shri Narendra Modi B) Shri Rajnath Singh
C) Shri Kalraj Mishra D) Shri Arun Jaitley
 
Answer & Explanation Answer: D) Shri Arun Jaitley

Explanation:

1. Shri Narendra Modi Prime Minister and also in-charge of:
– Ministry of Personnel
– Public Grievances and Pensions
– Department of Atomic Energy
– Department of Space

All important policy issues and all other
portfolios not allocated to any Minister.

2. Shri Raj Nath Singh         -       Minister of Home Affairs
3. Smt. Sushma Swaraj       -       Minister of External Affairs
4. Shri Arun Jaitley             –       Minister of Finance
                                        –       Minister of Corporate Affairs
5. Shri M. Venkaiah Naidu   –       Minister of Urban Development
                                        –       Minister of Housing and
                                                 Urban Poverty Alleviation
                                        –       Minister of Information & Broadcasting
6. Shri Nitin Jairam Gadkari –      Minister of Road Transport
                                                 & Highway
                                                – Minister of Shipping
7. Shri Arun Jaitley
(Additional Charge)             -      Minister of Defence
8. Shri Suresh Prabhu          -     Minister of Railways
9. D.V Sadananda Gowda    -      Minister of Statistics & Programme Implementation
10. Sushri Uma Bharati       -      Minister of Water Resources,
                                                River Development & Ganga Rejuvenation
11. Mukhtar Abbas Naqvi    -      Minister of Minority Affairs
12. Shri Ramvilas Paswan   -      Minister of Consumer Affairs, Food & Public Distribution
13. Shri Kalraj Mishra         -      Minister of Micro, Small & Medium Enterprises
14. Maneka Sanjay Gandhi  -     Minister of Women & Child Development
15. Shri Ananth Kumar       -     Minister of Chemicals & Fertilizers
16. Shri. Ravi Shankar Prasad – Minister of Law & Justice
                                            – Minister of Electronics & Information Technology
17. Shri Jagat Prakash Nadda  - Minister of Health & Family Welfare
18. Ashok Gajapathi Raju Pusapati -  Minister of Civil Aviation
19. Shri. Anant Geete            -          Minister of Heavy Industries & Public Enterprises
20. Smt. Harsimrat Kaur Badal -        Minister of Food Processing Industries
21. Shri Narendra Singh Tomar – Minister of Rural Development
                                              – Minister of Panchayati Raj
                                              – Minister of Drinking Water & Sanitation
22. Shri Chaudhary Birender Singh - Minister of Steel
23. Shri Jual Oram                   -      Minister of Tribal Affairs
24. Shri Radha Mohan Singh     -      Minister of Agriculture & Farmers Welfare
25. Shri Thawar Chand Gehlot   -      Minister of Social Justice & Empowerment
26. Smt. Smriti Irani                 -      Minister of Textiles
27. Dr Harsh Vardhan                –     Minister of Science & Technology
                                               –     Minister of Earth Sciences
28. Prakash Javadekar               -     Human Resource Development

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Filed Under: Indian Politics
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13 5465
Q:

Watson bought a book for Rs. 240 and sold to Johny at a profit  of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ?

A) Rs. 450 B) Rs. 360
C) Rs. 415 D) Rs. 500
 
Answer & Explanation Answer: D) Rs. 500

Explanation:

Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.

S.P = C.P(1 + P%/100)

=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360

Let Johny quoted the marked price of the book as Rs. M

We know, SP = M.P(1 - Discount(%)/100)

Here discount = 10% to Shekar,

S.P for Johny = M(1 - 10/100) = 0.9M

But Johny want to earn 25% profit,

=> S.P = C.P(1 + P%/100)

=> 0.9M = 360(1 + 25/100)

=> M = (360x1.25)/0.9

=> M = Rs. 500

Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.

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Filed Under: Profit and Loss
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7 5465