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Reasoning Aptitude

EVALUATING AN INTERFACE MCQs

Total Questions : 135 | Page 2 of 14 pages
Question 11. Read the passage and answer the following questions:From the beginning of the new year, the good news continues on the economic front. Following on the heels of encouraging GDP growth figures for the second quarters, we now have happy tidings on the trade front as well. November 2002 saw the country's exports record a healthy 16% increase compared to the corresponding period last year. With this, the growth rate in exports for the first eight months of the current fiscal now stands at a robust 16%. Of course part of the reason for this apparently encouraging performance is because of the base effect - exports actually fell 1.8% during 2001-2002. But that is only part of the reasons. For the rest, recovery in global trade and to give credit where it is due, concerted efforts by exporters have played no small role.The percentage growth in exports during 2002-2003 was mainly due to the decreased volume of exports during 2001-2002.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option E. -> If the inference is definitely false


According to the passage, base effect was not the main cause behind the % growth in exports during 2002-2003.


Question 12. During 2001-2002, the quantum of the country's exports was about three-fourths of that in 2002-2003.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option D. -> If the inference is probably false


Though we do not have figures for the entire year, the 16% growth in the first eight months does not seem to lead us anywhere near this.


Question 13. There has been substantial increase in the extent of trade all over the world during the last financial year.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option A. -> If the inference is definitely true


We are told about "recovery in global trade".


Question 14. There has been a consistent drop in quantum of exports during last three years.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option D. -> If the inference is probably false


Robust growth in exports, and happy tidings on the trade front seem to make the inference probably false.


Question 15. The efforts put in by the Indian exporters were comparatively less than their counter parts in developed countries.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option C. -> If the data are inadequate


The passage does not say anything regarding comparison of the efforts put in by Indian Exporters and their counter parts in developed countries.


Question 16. Read the passage and answer the following questions:The process of developmental planning in India is greatly dominated by the experts and the technocrats. But it was not always so. Among the initial stalwarts in the Indian planning process there were only a handful of economists. It was their political conviction and their preconceived political pattern of creating an economy and a society which gave them the specific stability in the path of development. Under the leadership of Indira Gandhi there was some change in the scenario and the reflection of electoral manifesto of the Congress Party was continually enhanced in the plans.In the planning procedure the common man is primary.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option E. -> If the inference is definitely false


Definitely false


Question 17. If an economic system is to be enriched then it must be given shape only by the politicians because they understand the thoughts and aspirations of the people.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option C. -> If the data are inadequate


It is not indicated whether our politicians were grass root politicians who could understand the thoughts and aspirations of the people.


Question 18. Five year plans in India were not great successes because they were not framed by the economics.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option C. -> If the data are inadequate


The term 'five year plan' is now here mentioned in the passage.


Question 19. After the independence, our leaders understood the need for framing development oriented planning and made their desired participation.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option C. -> If the data are inadequate


We are not told if planning started before or after independence.


Question 20. Initially, the Indian planning was free of the influence of ideology of the ruling party.
  1.    If the inference is definitely true
  2.    If the inference is probably true
  3.    If the data are inadequate
  4.    If the inference is probably false
  5.    If the inference is definitely false
 Discuss Question
Answer: Option D. -> If the inference is probably false


We are told about the "political conviction" of the "initial stalwarts", who, one presumes, carried the ideology of the ruling party, though one can't be sure.


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