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Reasoning Aptitude

EVALUATING AN INTERFACE MCQs

Total Questions : 135 | Page 6 of 14 pages
Question 51. Read the passage and answer the following questions:According to the latest numbers, the core sector saw terrific (5.5 percent) growth recently. This could be a statistical aberration or a flash in the pan. But steel prices are rising and this could be the sign of genuine core sector demand. It will be interesting to see if steel prices do maintain an upward trend. That would be a confirmation of sustainability. If steel is indeed in a situation of high demand, it is a given that downstream manufacturing will be doing well. Core sector industries such as heavy construction, mining, steel, etc. are classified as cyclicals. However, the downtrend has lasted so long that one afraid that these industries were in permanent decline. One doesn't know whether the apparent improvement will translate into rising stock prices over the long term.The downstream manufacturing units are expected to have a slowdown in near future.
  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


See the sentence "If steel is indeed in .... will be doing well". Since Price of steel and its demand are rising there fore, it is likely that downstream manufacturing units will do well in near future. Hence, inference is false. But we are not sure about it, hence probably false.


Question 52. For the last few years the core sector has projected a modest growth.
  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 B. -> If the inference is probably true


Since the growth in core sector has been termed as 'terrific' growth, the possibility is that the last few years the core sector has projected modest growth. Hence, the inference is likely to be true, i.e. probably true.


Question 53. The steel prices will show continuous increase during next few months.
  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


Rising steel prices at present does not necessarily mean that the trend will continue during next few months.


Question 54. The price of steel depends on the activities in the core sector.
  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


Definitely true.


Question 55. The growth in core sector in the recent past was much below 4 percent.
  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


The word "terrific" used in the passage makes the inferred definitely true.


Question 56. Read the passage and answer the following questions:The Indian economy, despite weak monsoons, is expected to be among the faster growing economies of the world. The Indian equity markets are currently attractively poised with the sensex at low P/E of about 12, making valuations very attractive. Interest rates are at a historic low and may probably go further down, with plenty of surplus liquidity in the system, improvement in business fundamentals and a growing interest in the disinvestment programme. However, despite these positive factors, the Indian equity markets have declined on account of concerns on the US economy and markets and also due to the persisting supply demand mismatch in the market despite good liquidity in the system.The low interest rates have resulted in availability of more funds to be deployed in the equity market.
  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


Passage clearly says surplus liquidity in the system is the result of historic low interest rates.


Question 57. Indian equity market has never been so attractive to foreign investors in the past.
  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


On the one hand, we are told that "the Indian equity markets are currently attractively poised ..." On the other hand, the passage ends on a negative note.


Question 58. Low interest rate regime has considerably weakened the strengths of business establishments in India.
  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


No explicit relationship has been mentioned. However, low interest rate regime has been treated as a "positive factor".


Question 59. There have been few takers in the equity markets in the recent past.
  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 B. -> If the inference is probably true


Passage says about decline in Indian equity markets. This factor strengthens the possibility of few takers in the equity market.


Question 60. The Indian economy is largely dependent on the status of US economy.
  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


See the sentence, "However, despite ... liquidity in the system."


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