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This quiz consists of questions from
various past papers of MBA entrance exams. Leave your answers/ responses in the
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Directions for questions 1 to 5: Read each
of the following passages and answer the question that follows it.
1.
Argentina’s beef cattle herd has dropped to under 50 million from 57 million
ten years ago in 1990. The animals are worth less too: prices fell by over a
third last year, before recovering slightly. Most local meat packers and
processors are in financial trouble, and recent years have seen a string of
plant closures. The Beef Producers Association has now come up with a massive
advertisement campaign calling upon Argentines to eat more beef – their ‘juicy,
healthy, rotund, plate-filling’ steaks.
Which one of the following, if true, would
contribute most to a failure of the campaign?
a. There has been a change in consumer
preference towards eating leaner meats like chicken and fish.
b. Prices of imported beef have been
increasing, thus making locally grown beef more competitive in terms of
pricing.
c. The inability to cross-breed native
cattle with improved varieties has not increased production to adequate levels.
d. Animal rights pressure groups have come
up rapidly, demanding better and humane treatment of farmyard animals like beef
cattle.
2.
The problem of traffic congestion in Athens has been testing the ingenuity of
politicians and town planners for years. But the measures adopted to date have
not succeeded in decreasing the number of cars on the road in the city centre.
In 1980, an odds and evens number-plate legislation was introduced, under which
odd and even plates were banned in the city centre on alternate days, thereby
expecting to halve the number of cars in the city centre. Then in 1993 it was
decreed that all cars in use in the city centre must be fitted with catalytic
converters; a regulation had just then been introduced, substantially reducing
import taxes on cars with catalytic converters, the only condition being that
the buyer of such a ‘clean’ car offered for destruction of a car at least
15-years-old.
Which one of the following options, if
true, would best support the claim that the measures adopted to date have not
succeeded?
a. In the 1980s, many families purchased
second cars with the requisite odd or even number plate.
b. In the mid-1990s, many families found it
feasible to become first-time car owners by buying a car more than 15-year-old
and turning it in for a new car with catalytic converters.
c. Post-1993, many families seized the
opportunity to sell their cars more than 15-years-old and buy ‘clean’ cars from
the open market, even if it meant forgoing the import tax subsidy.
d. All of the above
3.
Although in the limited sense of freedom regarding appointments and internal
working, the independence of the Central Bank is unequivocally ensured, the
same cannot be said of its right to pursue monetary policy without coordination
with the Central Government. The role of the Central Bank has turned out to be
subordinate and advisory in nature.
Which one of the following best supports
the conclusion drawn in the passage?
a. A decision of the chairman of the Central
Bank to increase the bank rate by two percentage points sent shock-waves in
industry, academic and government circles alike.
b. Government has repeatedly resorted to
monetisation of the debt despite the reservations of the Central Bank.
c. The Central Bank does not need the
Central Government’s nod for replacing soiled currency notes.
d. The inability to remove coin shortage
was a major shortcoming of this government.
4.
The Shveta-chattra or the ‘White Umbrella’ was a symbol of sovereign political
authority placed over the monarch’s head at the time of the coronation. The
ruler so inaugurated was regarded not as a temporal autocrat but as the
instrument of protective and sheltering firmament of supreme law. The White Umbrella
symbol is of great antiquity and its varied use illustrates the ultimate common
basis of non-theocratic nature of states in the Indian tradition. As such, the
umbrella is found, although not necessarily a white one, over the head of Lord
Ram, the Mohammedan sultans and Chhatrapati Shivaji.
Which one of the following best summarises
the above passage?
a. The placing of an umbrella over the
ruler’s head was a common practice in the Indian subcontinent.
b. The White Umbrella represented the
instrument of firmament of the supreme law and the non-theocratic nature of
Indian states.
c. The umbrella, not necessarily a white
one, was a symbol of sovereign political authority.
d. The varied use of the umbrella
symbolised the common basis of the non-theocratic nature of states in the
Indian tradition.
5.
The theory of games is suggested to some extent by parlour games such as chess
and bridge. Friedman illustrates two distinct features of these games. First,
in a parlour game played for money, if one wins the other (others) loses (lose).
Second, these games are games involving a strategy. In a game of chess, while
choosing what action is to be taken, a player tries to guess how his/her
opponent will react to the various actions he or she might take. In contrast,
the card-pastime, ‘patience’ or ‘solitaire’ is played only against chance.
Which one of the following can best be
described as a ‘game’?
a. The team of Tenzing Norgay and Edmund
Hillary climbing Mt. Everest for the first time in human history.
b. A national level essay writing
competition.
c. A decisive war between the armed forces
of India and Pakistan over Kashmir.
d. Oil Exporters’ Union deciding on world
oil prices, completely disregarding the countries which have at most minimal
oil production.
Directions
for questions (6-10): Answer the following questions based on the information
given below.
Elle
is three times older than Yogesh. Zaheer is half the age of Wahida. Yogesh is
older than Zaheer.
6.
Which of the following can be inferred?
a. Yogesh is older than Wahida
b. Elle is older than Wahida
c. Elle may be younger than Wahida
d. None of these
7.
Which of the following information will be sufficient to estimate Elle’s age?
a. Zaheer is 10-year-old
b. Both Yogesh and Wahida are older than
Zaheer by the same number of years
c. Both (a) and (b)
d. None of these
A
group of three or four has to be selected from seven persons. Among the seven
are two women: Fiza and Kavita, and five men: Ram, Shyam, David, Peter and
Rahim. Ram would not like to be in the group if Shyam is also selected. Shyam
and Rahim want to be selected together in the group. Kavita would like to be in
the group only if David is also there. David, if selected, would not like Peter
in the group. Ram would like to be in the group only if Peter is also there.
David insists that Fiza be selected in case he is there in the group.
8.
Which of the following is a feasible group of three?
a. David, Ram and Rahim
b. Peter, Shyam and Rahim
c. Kavita, David and Shyam
d. Fiza, David and Ram
9.
Which of the following is a feasible group in four?
a. Ram, Peter, Fiza and Rahim
b. Shyam, Rahim, Kavita and David
c. Shyam, Rahim, Fiza and David
d. Fiza, David, Ram and Peter
10.
Which of the following statements is true?
a. Kavita and Ram can be part of a group of
four
b. A group of four can have two women
c. A group of four can have all four men
d. None of these
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Answers
1(a) 2(d)
3(b) 4(d) 5(c)
6(b) 7(c) 8(b)
9(c) 10(d)
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