Dear readers,

This quiz consists of questions from
various Banking entrance exams held during the last few years. Leave your
answers/ responses in the comments section below and we’ll soon let you know
the correct answers!

Directions
(Q. 1-5) Below is given a passage followed by several possible inferences which
can be drawn from the facts stated in the passage. You have to examine each
inference separately in the context of the passage and decide upon its degree
of truth or falsity.

Mark answer
(1) if the inference is ‘definitely true’. i.e., it properly follows from the
statement of facts given.

Mark answer
(2) if the inference is ‘probably true’ though not ‘definitely true’ in the
light of the facts given.

Mark answer
(3) if the ‘data are inadequate’, i.e., from the facts given you cannot say
whether the inference is likely to be true or false.

Mark answer
(4) if the inference is ‘probably false’, though not ‘definitely false’ in the
light of the facts given.

Mark answer
(5) if the inference is ‘definitely false’, i.e., it cannot possibly be drawn
from the facts given or it contradicts the given facts.

Between 2002-03 and 2006-07, Indian economy grew
annually at 8.7% led by the services sector at 9% per year. In 1990, India’s
share of services, at 40% of GDP was consistent with its per capita income for
low-income country. By 2001, its share of one-half of the GDP was higher by
five percentage points, compared to the average for low-income countries. Economic
reforms that energized the private corporate sector, and technological changes
that opened up new vistas in telecommunications, IT and outsourcing are
believed to be responsible for the impressive performance. However, the
services led growth remains a puzzle at a low per capita income, with 55% of
the work force still engaged in agriculture, and when agriculture decelerated
and industry stagnated-3defying a styled fact in economics.

1. India
has now emerged as a high per capita income country.

2. Growth
in India’s services sector post 2005 is more than 9 per cent.

3. Less
than half of total workforce is engaged in Agricultural sector in India.

4. Share of
services sector in India’s GDP has crossed the half way mark in early 2000.

5. In early
nineties, the share of services sector in GDP for low per capita income group
of countries is about 40 per cent.

Directions
(Q. 6-10) Below in each question are given two statements I and II. These
statements may be either independent causes or may be effects of independent
causes or a common cause. One of these statements may be the effect of the
other statement. Read both the statements and decide which of the following
answer choice correctly depicts the relationship between these two statements.

Mark answer
(1) if statement I is the cause and statement II is its effect.

Mark answer
(2) if statement II is the cause and statement is its effect.

Mark answer
(3) if both the statements I and II are independent causes.

Mark answer
(4) if both the statements I and II are effects of independent causes.

Mark answer
(5) if both the statements I and II are effects of some common cause.

6.

(I) There have been sporadic events of stone pelting
throughout the day in the affected areas of the city.

(II) Many wounded people were brought to the nearby
hospitals from the affected areas of the city.

7.

(I) Many people left from the city for their native
places during the summer months.

(II) Many tourists gathered in city during summer
months.

8.

(I) All the schools declared holiday on the next day
of the major festival.

(II) All the colleges declared holiday on the next day
of the major festival.

9.

(I) The residents reported of increased criminal
activities in the area to the local police station.

(II) Many criminals were arrested by searching the
residence of the suspected individuals.

10.

(I) Government has awarded a high stake reward scheme
for such persons who may provide any information about the suspect.

(II) Four members of a family were brutally murdered
by unidentified gunmen.

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