Dear readers,

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

Directions (Q. 1-5) In each question
below is given a statement followed by two assumptions numbered I and II. An
assumption is something supposed or taken for granted. You have to consider the
statement and the following assumptions and decide which of the assumptions is
implicit in the statement.

Give answer (1) if only assumption I is implicit.

Give answer (2) if only assumption II is implicit.

Give answer (3) if either assumption I or assumption II is
implicit.

Give answer (4) if neither assumption I nor assumption II is
implicit.

Give answer (5) if both assumptions I and assumption II are
implicit.

1. Statement:  The state government has asked the management
of the entire private

schools to take consent of the parents before increasing the
school fees.

Assumptions

I. The management of
majority of the private schools may call the parents for discussion regarding
fee hike.

II. Majority of the
parents may not agree for any hike of school fees.

2. Statement: Govt. has made huge security arrangement
during the Olympic torch relay within the country in view of nationwide
protests by some group of people.

Assumptions

I. The protestors may
still disrupt the relay of Olympic torch within the country.

II. The relay of Olympic
torch may pass peacefully during its journey within the

country.

3. Statement: The state government has instructed all
its employees interacting with

public to be patient and compassionate in their dealings.

Assumptions

I. The general public may
otherwise be bullied by the Govt. officials.

II. Majority of the Govt. officials
may follow the Govt. Directives.

4. Statement:   Mohan invited about 200 people on the occasion
of his daughter’s

marriage and made food arrangement of about 200 people in a
nearby hotel.

Assumptions

I. Many people invited by
Mohan may not turn upon the day of the occasion.

II. Most of the people
invited by Mohan may attend the wedding ceremony.

5. Statement:  Local administration made elaborate security
arrangement and alerted the

local hospitals to be in readiness during the ensuing
festival days.

Assumptions:

I. A very large number of
devotees may assemble in the city during the festival days.

II. Security personnel may
not be able to control the crowd.

Directions (Q. 6-10) 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 if 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.

A fundamental global trend nowadays
is the growing natural resource scarcity. Oil and natural gas prices have
roared in recent years. This year, food prices have also skyrocketed, causing
hardships among the poor and large shifts in income between countries and
between rural and urban areas. The most basic reason for the rise in natural
resource prices is strong growth, especially in China and India, which is
hitting against the physical limits of land, timber, oil and gas reserves and
water supplies. Thus, wherever nature’s goods and services are traded in
markets (as with energy and food), prices are rising when they are not traded
in markets (as with clean air), the result is pollution and depletion rather
than higher prices. There are many reasons for the dramatic increase in world
food prices, but the starting point is increasing food consumptions again
strongly powered by China’s economic growth. China’s population is earning more
economic growth. China’s population is earning more notably more meat, which in
turn requires the importation of higher volumes of animal feed made from
soyabeans and maize. Moreover, rising world energy prices has made food
production more costly, since it requires large energy inputs for transport,
farming and fertilisers. At the same time, rising energy prices create a strong
incentive for farmers to switch from food production to fuel production.

6. Ever increasing consumption of
food articles by world population is pushing up the world food prices beyond
expectations.

7. Farmers get more returns by
producing food articles than by producing raw material for fuel production.

8. China’s food production is much
less than its total domestic requirements.

9. Non tradable natural resources are
being indiscriminately contaminated by the thoughtless use of less environment
friendly activities.

10. Countries other than China and India produce enough food
and energy within their countries.

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