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Study the following line graph and answer the questions.
Exports from Three Companies over the Years (in Rs. crore)
 
Q. What was the difference between the average exports of the three Companies in 1993 andthe average exports in 1998?
  • a)
    Rs. 15.33 crores 
  • b)
    Rs. 18.67 crores
  • c)
    Rs. 20 crores 
  • d)
    Rs. 22.17 crores
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?

Kabir Verma answered
Average exports of the three Companies X, Y and Z in 1993
= Rs. (1/3) *(30 + 80 + 60) crores = Rs. 170/3 crores
Average exports of the three Companies X, Y and Z in 1998
= Rs.(1/3)*(50 + 100 + 80) crores = Rs.230/3 crores.
Difference = Rs.60/3  crores
= Rs. 20 crores.

Read the passage carefully and answer the following questions: 
Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 
Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.
And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 
Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   
Q. According to the passage, what do economists and ethicists, want us to believe?   
  • a)
    Businessmen should always be honest 
  • b)
    Businessmen cannot always be honest 
  • c)
    Businessmen turn dishonest at times 
  • d)
    Businessmen are honest only at times 
  • e)
    Businessmen should always be dishonest
Correct answer is option 'A'. Can you explain this answer?

Saumya Roy answered
●According to the passage, economists and ethicists want us to believe that businessmen should always be honest. 
● The passage states that economists, ethicists, and business experts persuade us that honesty is the best policy. However, it also mentions that the evidence for this belief is weak. Nevertheless, the passage indicates that honesty is primarily a moral choice and that most business people tell themselves that, in the long run, they will do well by doing good. 
●Therefore, the passage suggests that economists and ethicists advocate for the idea that businessmen should always be honest, even if the evidence for its economic benefits may be lacking. 
Hence, the correct answer is option 'A) Businessmen should always be honest.'

Taps A, B and C are connected to a water tank and the rate of flow of water from them is 42 liter/hr, 56 liter/hr and 48 liter/hr respectively. If tap A and B are filling the tank and C is emptying it and the tank gets filled in 16 hrs. What is the capacity of the tank?
  • a)
    150 liter
  • b)
    960 liter
  • c)
    800 liter
  • d)
    1200 liter
  • e)
    500 liter
Correct answer is option 'C'. Can you explain this answer?

Ankit Jain answered
Understanding the Problem
To find the capacity of the tank, we need to analyze the flow rates of the taps and how they interact when filling and emptying the tank.
Flow Rates of Taps
- Tap A: 42 liters/hour (filling)
- Tap B: 56 liters/hour (filling)
- Tap C: 48 liters/hour (emptying)
Net Flow Rate Calculation
When taps A and B are filling the tank, while tap C is emptying it, the net flow rate can be calculated as follows:
- Combined flow from A and B:
42 liters/hour (A) + 56 liters/hour (B) = 98 liters/hour
- Effective flow rate considering C:
98 liters/hour (filling) - 48 liters/hour (emptying) = 50 liters/hour (net filling rate)
Time to Fill the Tank
The tank is filled in 16 hours at this net filling rate. Therefore, we can calculate the capacity of the tank:
- Capacity of the tank:
Capacity = Net flow rate × Time
Capacity = 50 liters/hour × 16 hours = 800 liters
Conclusion
Thus, the capacity of the tank is 800 liters, which corresponds to option 'C'.

Read the passage carefully and answer the following questions: 
Economist, ethicists and business experts persuade us that honesty is the best policy, but their evidence is weak. We hoped to find data that would support their theories and thus, perhaps, encourage higher standards of business behaviour. To our surprise, their pet theories failed to stand up. Treachery, we found, can pay. There is no compelling economic reason to tell the truth or keep one’s word. Punishment for the treacherous in the real world is neither swift nor sure. 
Honesty is, in fact, primarily a moral choice. Business people do tell themselves that, in the long run, they will do well by doing good. But there is little factual or logical basis for this conviction. Without values, without a basic preference of right over wrong, trust based on such delusion would crumble in the face of temptation. Most of us choose virtue because we want to believe in ourselves and because others respect and believe us.
And due to this, we should be happy. We can be proud of a system in which people are honest because they want to be, not because they have to be. Materially, too, trust based on morality provides great advantages. It allows us to join in great and exciting enterprises that we could never undertake if we relied on economic incentives alone. 
Economists tell us that trust is enforced in the market place through retaliation and reputation. If you violate a trust, your victim is apt to seek revenge and others are likely to stop doing business with you, at least under favourable terms. A man or woman with a reputation for fair dealing will prosper. Therefore, profit maximisers are honest. This sounds plausible enough until you look for concrete examples. Cases that apparently demonstrate the awful consequences of trust turn out to be few and weak, while evidence that treachery can pay seems compelling.   
Q. According to the author, which of the following, is the reason for being honest in business?  
  • a)
    It gives no immediate benefits 
  • b)
    It gives no long-term benefits 
  • c)
    It makes a person self-seeking
  • d)
    It is harmful for competitors in long run 
  • e)
    None of the above 
Correct answer is option 'E'. Can you explain this answer?

Sharma B answered
Supply one point to justify the following: The author says that one can be proud of the present
situation.
vi.Supply o

The average monthly income of 4 earning members of a family is Rs. 7350. One member passes away and the average monthly income becomes Rs. 6500. What was the monthly income of the person, who is no more? 
  • a)
    Rs. 6928
  • b)
    Rs. 8200
  • c)
    Rs. 9900
  • d)
    Rs. 13850
  • e)
    None of the above
Correct answer is option 'C'. Can you explain this answer?

Jyoti Menon answered
Let's assume the monthly income of the person who passed away is 'x' rupees.

Initial situation:
- There are 4 earning members in the family.
- The average monthly income of the 4 members is Rs. 7350.

Using the concept of average, we can calculate the total income of the 4 members:
Total income = Average income * Number of members
Total income = Rs. 7350 * 4
Total income = Rs. 29400

After one member passes away:
- Now there are only 3 earning members in the family.
- The average monthly income of the family becomes Rs. 6500.

Again, using the concept of average, we can calculate the new total income:
New total income = Average income * Number of members
New total income = Rs. 6500 * 3
New total income = Rs. 19500

We are given that the difference in total income after one member passes away is equal to the monthly income of the person who passed away.

Difference in total income = Total income - New total income
Difference in total income = Rs. 29400 - Rs. 19500
Difference in total income = Rs. 9900

Therefore, the monthly income of the person who passed away is Rs. 9900.

Hence, the correct answer is option C) Rs. 9900.

Gaurav has some hens and some goats. If the total number of animal heads is 83 and total number of feet is 260 then what is the difference between number of goats & number of hens?
  • a)
    11 
  • b)
    13 
  • c)
    14 
  • d)
    17 
  • e)
    15
Correct answer is option 'A'. Can you explain this answer?

Let total number of goats be ‘x’ and that of hens be
‘y’
x + y = 83 ...(I)
4x + 2y = 260
2x + y = 130 ...(II)
equation (II) – equation (I)
2x + y = 130
x + y = 83
– – –
x = 47
y = 83 – 47 = 36
Difference = 47 – 36 = 11

Mr. Ramesh spends 50% of his monthly income on household items, and out of the remaining the spends 50% on transport, and out of the remaining 10% on entertainment and 5% on sport, and the remaining amount of Rs. 1020 saved. What is Mr. Ramesh's expenditure on transport?
  • a)
    Rs. 2000
  • b)
    Rs. 2200
  • c)
    Rs. 1200
  • d)
    Rs. 2600
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?

Salary spends in Household’s item = 50%
Transport = 50% of remaining salary
Entertainment and sports = (10 + 5) %
Remaining salary Household’s item = 50%
Transport = 50%
Entertainment and sports = 85%
Now, 1/2 * 1/2 * 17/20 * total salary = 1020
Total salary = Rs. 4800
Expenditure on transport = 4800 * 1/2 * 1/2 = Rs. 1200

Directions : In the passage given below there are 10 blanks, each followed by a word given in bold. Each blank has four alternative words given in options (A),(B),(C) and (D). You have to tell which word will best suit the respective blank. Mark (E) as your answer if the word given in bold after the blank is your answer i.e “No change required”.
The increasing cost of higher education in the United States has been a --(16)---(contrast)topic for debate in recent decades. American society ---(17)---(denigrate) the importance of education after high school, yet the cost of undergraduate and advanced degrees continually rises at a greater rate than ---(18)----(inflammation).
According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from ---(19)----(pursuing) further education (McKeon, 2004, p. 45). The current system requires the majority of students to ----(20)----(dissipate) extensive debt with the expectation that they gain ----(21)----(unprofitable) post-graduate employment to repay their loans.
The cost of higher education raises several ---(22)----(ethical) issues. Among these are the perpetuation of the cycle of debt in American commercial society, the ---(23)----(hypothetical) of differing higher education institutions and cost, and the resulting socioeconomic and racial inequities in college demographics. Both an examination of the current trends and figures and a closer look at a real life example show the troublesome state of higher education and its ---(24)---(affect) on our commercial society.
Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college ---(25)---(infer) charges for tuition, university fees, books, room and board, and other miscellaneous items.
  • a)
    inflation
  • b)
    inference
  • c)
    innocuous
  • d)
    incongruous
  • e)
    No change required
Correct answer is option 'A'. Can you explain this answer?

17 a ok

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