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. 1-10):  In each question below are given two
statements followed by two conclusion numbered I and II. You have to take the
two given statements/one statement to be true even if they seem/it seems to be
at variance from commonly known facts and then decide which of the conclusions
logically follows from the given statements, disregarding commonly known facts.
Read both the conclusions and give answer (A) if only conclusion I follows;
give answer (B) if only conclusion II follows; give answer (C) if either I or
II follows; give answer (D) if neither I nor II follows; and give answer (E) if
both I and II follow.

1.  Statement: 

He emphasized the need to replace the
present training programme by other methods which will bring out the real merit
of the managers.

Conclusions:

I. It is important to bring out the real
merit of the managers.

II. The present training programme does not
bring out the real merit of managers.

2.  Statement: 

The greatest need in India today is not for
sophisticated gadgets but for programmes which will provide employment to large
number of people.

Conclusions:

I. There is an adequate number of
sophisticated gadgets in India.

II. Emphasis is being laid on procuring
sophisticated gadgets.

3.  Statement: 

Our securities investment carry market
risk. Consult your investment advisor or agent before investing.

Conclusions:

I. One should not invest in securities.

II. The investment advisor calculates the
market risk with certainty

4.  Statement: 

In diabetes, there is an excess of sugar in
the body. Our body needs sugar for energy. The quantity of sugar in excess of
body’s requirement is excreted through urine.

Conclusions:

I. The excessive consumption of sugar is
likely to lead to diabetes.

II. Consumption of sugar should best be
avoided.

5.  Statement: 

Today out of the world population of
several thousand million, the majority of men have to live under Governments
which refuse them personal liberty and the right to dissent.

Conclusions:

I. People are indifferent to personal
liberty and right to dissent.

II. People desire personal liberty and the
right to dissent.

6.  Statement: 

Although the education system has
progressed from the point of view of the number of schools, most of them are ill-equipped
and have not achieved excellence in imparting education.

Conclusions:

I. In Future, we should provide good
teachers and equipment to these schools.

II. We need not open any more schools in
the future.

7.  Statement: 

The interview panel may select a candidate
who neither possesses the desired qualifications nor the values and attributes.

Conclusions:

I. The inclusion of specialists on the
interview panel does not guarantee that the selection will be proper.

II. The interview test has certain
limitations in the matter of selection of candidates.

8. Statement: 

In direct distribution, the company can
find out the problems of consumers and gets an opportunity to solve them. The
consumer thus become an devoted buyer.

Conclusions:

I. Responsible companies take the
advantages of direct distribution.

II. Direct distribution is the only key to
success in business.

9.  Statement: 

Multinational fast food chains have reached
India with great difficulty, but the farmer’s associations are not ready to
accept them.

Conclusions:

I. Farmer’s associations are opposing
modernization.

II. Farmer’s associations do not wish to
enter into competition with the multinationals.

10.  Statement: 

In India, more emphasis should be placed on
areas such as agriculture, engineering and technology instead of basic and pure
sciences.

Conclusions:

I. India has achieved sufficient progress
in basic and pure sciences.

II. In the past, the productivity factor in
our economy was neglected.

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