Dear readers,

This quiz consists of questions from various past papers of
MBA entrance exams. Leave your answers/ responses in the comments section below
and soon we’ll let you know the correct answers!

Directions 1 – 10 : From the alternatives, choose the
one that correctly classifies the four sentences as a

F : Fact : If it relates to a known matter of direct observation, or an
existing reality or something known to be true.

J : Judgement : If it is an opinion or estimate or anticipation of
common sense or intention.

I : Inference : If it is a logical conclusion or deduction about
something based on the knowledge of facts.

1.

A. If India has embarked on the liberalization route,
she cannot afford to go back.

B. Under these circumstances, being an active
supporter of WTO policies will be a good idea.

C. The WTO is a truly global organization aiming at
freer trade.

D. Many member countries have already drafted plans to
simplify tariff structures.

(a) FJFI

(b) IFJF

(c) IJFF

(d) IFIF

2.

A. The Minister definitely took the wrong step.

B. Under the circumstances, he had many other
alternatives.

C. The Prime Minister is embarrassed due to the
Minister’s decision.

D. If he has put the government in jeopardy, the
Minister must resign.

(a) JFFI

(b) IFJI

(c) FFJI

(d) IFIJ

3.

A. The ideal solution will be to advertise
aggressively.

B. One brand is already popular amongst the youth.

C. Reducing prices will mean trouble as our revenues
are already dwindling.

D. The correct solution will be to consolidate by
aggressive marketing.

(a) JFIJ

(b) FJJI

(c) IJFF

(d) JJIF

4.

A. If democracy is to survive the people must develop
a sense of consumerism.

B. Consumerism has helped improve the quality of goods
in certain countries.

C. The protected environment in our country is helping
the local manufacturers.

D. The quality of goods suffers if the manufacturers
take undue advantage of this.

(a) IJFJ

(b) JFJI

(c) IJJF

(d) IFJJ

5.

A. Unless the banks agree to a deferment of the interest,
we cannot show profits this year.

B. This would not have happened had we adopted a
stricter credit scheme.

C. The revenues so far cover only the cost and
salaries.

D. Let us learn a lesson: we cannot make profits
without complete control over credit.

(a) IIJF

(b) IJFI

(c) FJIF

(d) FJFI

6.

A. Qualities cannot be injected into one’s
personality.

B. They are completely dependent on the genetic
configuration that one inherits.

C. Hence changing our inherent traits is impossible as
the genes are unalterable.

D. The least one can do is to try and subdue the “bad
qualities”.

(a) FIJI

(b) JFFI

(c) JFIJ

(d) JIFI

7.

A. Everything is purposeless.

B. Nothing before and after the existence of the
universe is known with certainty.

C. Man is a part of the purposeless universe; hence
man is also purposeless.

D. There is only one way of adding purpose to this
universe: Union with Him.

(a) JFIJ

(b) FJJI

(c) JFFI

(d) IJFJ

8.

A. Everyday social life is impossible without
interpersonal relationships.

B. The root of many misunderstandings has been cited
in poor relations among individuals.

C. Assuming the above to be true, social life will be
much better if people understand the importance of good interpersonal relations.

D. A study reveals that interpersonal relations and
hence life in general can be improved with a little effort on the part of individuals.

(a) FJIJ

(b) JFIF

(c) FIFJ

(d) IFFJ

9.

A. The prices of electronic goods are falling.

B. Since we have substantial reductions in import
duties, this is obvious.

C. The trend is bound to continue in the near future.

D. But the turnover of the electronic industry is
still rising, because the consumers are increasing at a rapid rate.

(a) IFJF

(b) FJII

(c) FIJF

(d) JIFF

10.

A. In the past, it appears, wealth distribution, and
not wealth creation has dominated the economic policy.

B. Clearly, the government has not bothered to
eradicate poverty.

C. Today’s liberalization is far from the hitherto
Nehruvian socialism.

D. Results are evident in the form of a boom in the
manufacturing sector output and turnover of all industries.

(a) FJIF

(b) FIFJ

(c) IJIF

(d) JIFF

To
get fresh updates about different exams on your Facebook & Twitter
timelines, subscribe to our pages created specifically for them. We will post
only exam specific links on these pages:

MBA:

Facebook: https://www.facebook.com/PaGaLGuy

Twitter: https://twitter.com/pagalguy

Answers

1(c)    2(a)    
3(a)    4(b)     5(d)    
6(c)   7(a)    8(b)    
9(c)    10(d)   

Read More