Sunday, May 18, 2008

Patni - Recent Aptitude Collection Fresher

Directions (Q.1-5): In making decisions about important questions, it is desirable to be able to distinguish between "strong" arguments and "weak" arguments. "Strong" arguments must be both important and directly related to the question. "Weak" arguments may not be directly related to the question and may be of minor importance or many be related to the trivial aspects of the question.

Each question below is followed by two arguments numbered I and II. You have to decide which of the arguments is a "strong" argument and which is a "weak" argument.

Give answer 1): if only argument I is strong.

Give answer 2): if only argument II is strong.

Give answer 3): if either argument I or II is strong.

Give answer 4): if neither argument I nor II is strong.

Give answer 5): if both arguments I and II are strong.

1. Will introduction of quota for backward classes in the institutes for higher studies be the right move to do social justice?

Arguments:

I. No, with this very few seats will be left for unreserved classes which is unfair to the deserving candidates and particularly to those who are economically backward.

II. Yes, it is necessary to give them opportunities to rise up to the level of general category candidates.

2. Should there be a complete ban on bursting crackers including fireworks barring a few occasions in our country?

Arguments:

I. No, people should be allowed to enjoy on all occasions according to their interests and priorities.

II. Yes, bursting crackers causes a lot of sound and air pollution which is hazardous to health.

3. Should the use of calculators be permitted in all university examination?

Arguments:

I. Yes, there is no need to do manual calculations in the era of computers; only the knowledge of method should be given importance.

II. No, students should do the manual calculations so as to understand the concepts.

4. Should the city development authorities encourage construction of shopping malls which may result into closure of smaller shops?

Arguments:

I. Yes, in shopping malls one can get very everything under one roof at a cheaper rate.

II. No, it will not be convenient for many people to go to a shopping mall for purchases of day-to-day requirements.

5. Should there be a ban on affiliation of students' unions to political parties?

Arguments:

I. Yes, the political parties take undue advantage of the students' unions to fulfil their own selfish interests.

II. No, without the support of political parties students' unions will not be able to survive.

Directions(Q. 6-10): Below is given a passage followed by several possible inference 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", ie 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 of the facts given.

Mark answer 3): if the data are inadequate, ie 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", ie it cannot possibly be drawn from the facts given or it contradicts the given facts.

Efficiency of capital has long been an area of neglect and remains so. This aspect is underscored in the eleventh plan draft, ironically in its demand for the rate of investment being raised to 35.1% of GDP from 29.1% in 2004-2005. The irony lies in the fact that the planning commission has consistently relied on the Incremental Capital Output Ratio (ICOR) as tool of expediency rather than one designed to promote efficiency. Yet, the ratio conceptually seeks to get the most out of the capital stock that is existing and is being added. The ratio now is 3.7, i.e. the capital needed for an output of 3.7 times. If the effective ratio is brought down during 2007-2012, then it would be possible to achieve a GDP growth value of 8.9% over the period with a lesser level of investment than 35.1%. Nobody doubts that capital formation is critical to a higher rate of growth in GDP, but efficiency lies not so much on the capital stock as its utilization.

6. The present rate of investment is around 30% of GDP.

7. Higher the capital output ratio, higher is growth of GDP.

8. When the rate of investment increases the capital output ratio also increases.

9. Efficiency of capital largely depends upon capital stock.

10. The issue of efficiency of capital is now assuming adequate importance from the Government of India.

Directions (Q. 11-15): A private firm has laid down following criteria for selection of Executive Officers (Finance): The candidate must

(i) be a graduate in any discipline in first class with minimum 60% marks.

(ii) have obtained postgraduate management degree/diploma with specialization in Finance with minimum 55% marks.

(iii) be willing to work anywhere in India.

(iv) be not less than 22 years and not more than 28 years of age as on 1.10.2006.

(v) have cleared the selection test with minimum 50% marks.

However, if a candidate satisfies all the above mentioned criteria except

(a) at (ii) above, but has done post graduation in Economics with minimum 60% marks or has passed CA/ICWA exam, the case may be referred to the CEO of the firm.

(b) at (i) above, but has a post-qualification experience of at least 2 years in finance department , the case may be referred to the board of directors.

In each questions below information about one candidate is given. You have to study the information provided with reference to the criteria and conditions given above and take one of the following courses of action. You are not to assume anything other than the information provided in each question. All these cases are given to you as on 1.10.2006.

Mark answer 1): if the case is to be referred to the CEO.

Mark answer 2): if the case is to be referred to the board of directors.

Mark answer 3): if the data provided is inadequate to take a decision.

Mark answer 4): if the candidate is to be selected.

Mark answer 5): if the candidate is not to be selected.

11. Harish Bellary is a 24-years-old Science graduate with 67% marks and first class. He has passed MBA in finance with 60% marks. He has obtained 58% marks in the selection test.

12. Akhilesh Kapoor is Commerce graduate with 66% marks and first class. He cleared ICWA exam in November 2004. His date of birth is 17.9.1984. He is willing to work anywhere in the country. He has secured 63% marks in selection test.

13. Sangeeta Sharma is Bsc (Agri) with 72% marks and second class. She has passed postgraduate management diploma in finance with 65% marks and thereafter she has been working in finance department of a co-operative bank for last years. Her date of birth is 21.12.1979. She has no problem in working anywhere in India. She has cleared the selection test with 58% marks.

14. Nikita Sahoo is an MBA with specialization in Finance. She passed in June 2004 at the age of 24 years with 57% marks. She had passed BA in first class with 64% marks. She has cleared the selection test with 60% marks. She is willing to work anywhere in the country.

15. Rajani Sinha is a first-class Engineering graduate and passed with 69% marks. She has done MBA with specialization in Marketing and passed with 60% marks. Her date of birth is 26.05.1981.She has cleared the selection test with 62% marks.

Answers

1. (5)
2. (2)
3. (4)
4. (5)
5. (4)
6. (2)
7. (5)
8. (3)
9. (5)
10. (5)
11. (3)
12. (1)
13. (2)
14. (4)
15. (5)

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