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ECGC PO Mock Test - 6 - Bank Exams MCQ


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30 Questions MCQ Test Mock Test Series for ECGC PO 2024 - ECGC PO Mock Test - 6

ECGC PO Mock Test - 6 for Bank Exams 2024 is part of Mock Test Series for ECGC PO 2024 preparation. The ECGC PO Mock Test - 6 questions and answers have been prepared according to the Bank Exams exam syllabus.The ECGC PO Mock Test - 6 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for ECGC PO Mock Test - 6 below.
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ECGC PO Mock Test - 6 - Question 1

Directions to Solve

In each of the following questions two statements are given and these statements are followed by two conclusions numbered (1) and (2). You have to take the given two statements to be true even if they seem to be at variance from commonly known facts. Read the conclusions and then decide which of the given conclusions logically follows from the two given statements, disregarding commonly known facts.

Give answer:

  • (A) If only (1) conclusion follows
  • (B) If sonly (2) conclusion follows
  • (C) If either (1) or (2) follows
  • (D) If neither (1) nor (2) follows and
  • (E) If both (1) and (2) follow.

Question -

Statements: All buildings are chalks. No chalk is toffee.

Conclusions:

  1. No building is toffee
  2. All chalks are buildings.

Detailed Solution for ECGC PO Mock Test - 6 - Question 1

ECGC PO Mock Test - 6 - Question 2

Statements:

M<P≤G = F≥B; H≥F<I; J≥P

Conclusions:

P≤B, M<H

Detailed Solution for ECGC PO Mock Test - 6 - Question 2

Explanation:
Given Statements:
- M- H≥F- J≥P
Let's analyze the given conclusions:
Conclusion I: P≤B

- From the first statement, we have P≤G = F≥B.
- We can infer that P≤G and G=F≥B.
- However, we cannot directly conclude that P≤B from the given information.
Conclusion II: M- From the first statement, we have M- From the second statement, we have H≥F.
- From the third statement, we have J≥P.
- Since M- We are also given H≥F- Since H≥F and G=F, we can infer that H≥G.
- Since M
Answer: B (Only II is true)

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ECGC PO Mock Test - 6 - Question 3

Statements:

M<P≤G = F≥B;

H≥F<I; J≥P

Conclusions:

H≥J, B<I

Detailed Solution for ECGC PO Mock Test - 6 - Question 3
Explanation:

  • Given Statements:


    • M < P ≤ G = F ≥ B

    • H ≥ F < I; J ≥ P




  • Conclusions:


    • H ≥ J

    • B < I




  • Analysis:


    • From the given statements, we can infer that H is greater than or equal to F and F is less than I. So, H is definitely greater than I.

    • Similarly, from the given statements, B is less than or equal to G, which is equal to F. Hence, B is less than or equal to F.

    • Therefore, the conclusions are:


      • H ≥ J - True (As H is greater than or equal to P, and P is less than or equal to J)

      • B < I - True (As B is less than or equal to F, and F is less than I)





  • Hence, the correct answer is B: Only II is true.

ECGC PO Mock Test - 6 - Question 4

Directions: In this question, two rows are given and to find out the resultant of a particular row, you need to follow the steps given below. Give answer to the question asked accordingly. The operations on numbers progress from left to right.

Step 1: If an odd number is followed by an even number, then the second number is to be subtracted from the first number.
Step 2: If an even number is followed by a composite odd number, then they are to be multiplied.
Step 3: If an even number is followed by a number which is a perfect Cube, then the even number is to be subtracted from perfect cube.
Step 4: If an even number is followed by a prime odd number, then the first number is to be divided by the second number.
Step 5: If an odd number is followed by another composite (a non-prime number) odd number, then they are to be added.

Q. N is the resultant of the first row. Find the difference if N is subtracted from the resultant of second row.

Detailed Solution for ECGC PO Mock Test - 6 - Question 4

182 ÷ 13 = 14 (As per step 4)
14 − 9 = 5 (As per step 5)
N = 5
50 ÷ 5 = 10 (As per step 4)
10 + 24 = 34 (As per step 1)
Hence, 34 - 5 = 29

ECGC PO Mock Test - 6 - Question 5

Directions: Read the following information carefully and answer the questions.
Alex, Bravo, Charlie, Delta, Echo and Foxtrot joined six different colleges – UBS, SP JAIN, DAVIET, JBIMS, IIMA and IIMB and opted for six different courses in management – Marketing, Finance, Operations, HR, Logistics and General Management.
Each of them has a different educational qualification out of B. Tech, B.Sc, B.Com, C.A, BBM and BA.
The following information is available about them:

  • Delta joined SP JAIN and did not take up Marketing or Logistics and is not a B. Tech.
  • The person who joined IIMA opted for HR and is not a C.A or B.Sc.
  • Foxtrot is a C.A and has taken Finance management.
  • The person, who is a B.A graduate, joined JBIMS and took Logistics. Whereas, the person, who is a B.Com graduate, took up General Management.
  • The person, who is a B. Tech graduate, has taken Operations Management and did not join UBS or DAVIET.
  • Alex joined IIMB, Charlie is B.A graduate and Bravo took up HR.

Q. What is the educational qualification of Delta and what is the course he opted for?

Detailed Solution for ECGC PO Mock Test - 6 - Question 5

Following the common explanation we observe that Delta has opted for B . C o m and General management.
Option C is hence the correct answer.

Common Explanation:
References:
Delta joined SP JAIN and did not take up Marketing or Logistics and is not a B. Tech.
Inference:

References:
Foxtrot is a C.A and has taken Finance management.
Inference:

References:
Alex joined IIMB, Charlie is B.A graduate and Bravo took up HR.
The person who joined IIMA opted for HR and is not a C.A or B.Sc.
Inference:

References:
The person, who is a B.A graduate, joined JBIMS and took Logistics
Inference:

References:
The person, who is a B. Tech graduate, has taken Operations Management and did not join UBS or DAVIET.
Inference:
Thus Alex is a B. Tech graduate.
Now as Delta has not opted for Marketing, Marketing must be opted by Echo, thus Delta opts General Management.

References:
The person, who is a  B . Com  graduate, took up General Management.
Inference:
Thus Delta is  B . Com  graduate.
Now is Bravo has not done B.Sc. he must have done BBM and thus Echo has done B.Sc.

ECGC PO Mock Test - 6 - Question 6

Directions: A number arrangement machine when given an input line of numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement.

Input:   62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46
Step3:  56 39 13 97 74 86 68 23 46 63
Step 4: 69 56 39 13 97 86 23 46 63 75
Step 5: 87 69 56 39 13 23 45 63 75 98

Find the different steps of output using the above-mentioned logic for the following input.
Input:  88 59 28 94 37 75 15 64 71 48

Q. How many numbers are there between 72 and the one which 4th to left of 76 in step 5?

Detailed Solution for ECGC PO Mock Test - 6 - Question 6

Clearly, there are two numbers between '16' which is 4th to the left of 76 and 72 in step 5.
Step 5: 89 72 60 38 16 29 49 65 76 95
Hence, option B is correct.

Complete Machine Process:
Input: 88 59 28 94 37 75 15 64 71 48
Step 1: 16 88 59 94 37 75 64 71 48 29
Step 2: 38 16 88 59 94 75 64 71 29 49
Step 3: 60 38 16 88 94 75 71 29 49 65
Step 4: 72 60 38 16 88 94 29 49 65 76
Step 5: 89 72 60 38 16 29 49 65 76 95

Common Explanation:
Change happening from Input to Step 1:

Reference:
Input: 62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23

Inference:
In every step, two numbers are changing their positions. In input, the lowest number which is 15, is first added by 1 and getting placed at extreme left end. Similarly, the second lowest number among all, which is 22 is also getting increased by 1 and is getting placed at the extreme right end of the input to give us Step 1.

Given Input: 88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
 
Reference
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46

Inference:
In this step too, the 3rd lowest number among all is first getting increased by 1 and is placed at the extreme left end of Step 1 and so is the case with the 4th lowest number. 

Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
 
And the same process continues till we get all the numbers arranged in similar fashion.

The complete Machine process is as follows:
Input:  88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
Step3: 60 38 16 88 94 75 71 29 49 65
Step4: 72 60 38 16 88 94 29 49 65 76
Step5: 89 72 60 38 16 29 49 65 76 95

ECGC PO Mock Test - 6 - Question 7

Directions: A number arrangement machine when given an input line of numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement.

Input:   62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46
Step3:  56 39 13 97 74 86 68 23 46 63
Step 4: 69 56 39 13 97 86 23 46 63 75
Step 5: 87 69 56 39 13 23 45 63 75 98

Find the different steps of output using the above-mentioned logic for the following input.
Input:  88 59 28 94 37 75 15 64 71 48

Q. Which of the following number is 7th from the left end in step 5?

Detailed Solution for ECGC PO Mock Test - 6 - Question 7

Step 5: 89 72 60 38 16 29 49 65 76 95
Clearly, '49' is the number which is 7th from the left end in Step 5 of the machine output process.
Hence, option D is correct.

Complete Machine Process:
Input: 88 59 28 94 37 75 15 64 71 48
Step 1: 16 88 59 94 37 75 64 71 48 29
Step 2: 38 16 88 59 94 75 64 71 29 49
Step 3: 60 38 16 88 94 75 71 29 49 65
Step 4: 72 60 38 16 88 94 29 49 65 76
Step 5: 89 72 60 38 16 29 49 65 76 95

Common Explanation:
Change happening from Input to Step 1:

Reference:
Input: 62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23

Inference:
In every step, two numbers are changing their positions. In input, the lowest number which is 15, is first added by 1 and getting placed at extreme left end. Similarly, the second lowest number among all, which is 22 is also getting increased by 1 and is getting placed at the extreme right end of the input to give us Step 1.

Given Input: 88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
 
Reference
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46

Inference:
In this step too, the 3rd lowest number among all is first getting increased by 1 and is placed at the extreme left end of Step 1 and so is the case with the 4th lowest number. 

Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
 
And the same process continues till we get all the numbers arranged in similar fashion.

The complete Machine process is as follows:
Input:  88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
Step3: 60 38 16 88 94 75 71 29 49 65
Step4: 72 60 38 16 88 94 29 49 65 76
Step5: 89 72 60 38 16 29 49 65 76 95

ECGC PO Mock Test - 6 - Question 8

Directions: A number arrangement machine when given an input line of numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement.

Input:   62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46
Step3:  56 39 13 97 74 86 68 23 46 63
Step 4: 69 56 39 13 97 86 23 46 63 75
Step 5: 87 69 56 39 13 23 45 63 75 98

Find the different steps of output using the above-mentioned logic for the following input.
Input:  88 59 28 94 37 75 15 64 71 48

Q. What is the position of 88 from the right end in last but one step?

Detailed Solution for ECGC PO Mock Test - 6 - Question 8

2nd last step: Step4: 72 60 38 16 88 94 29 49 65 76
Evidently, 88 is on the 6th position from the right end in 2nd last step.
Hence, option C is correct.

Complete Machine Process:
Input: 88 59 28 94 37 75 15 64 71 48
Step 1: 16 88 59 94 37 75 64 71 48 29
Step 2: 38 16 88 59 94 75 64 71 29 49
Step 3: 60 38 16 88 94 75 71 29 49 65
Step 4: 72 60 38 16 88 94 29 49 65 76
Step 5: 89 72 60 38 16 29 49 65 76 95

Common Explanation:
Change happening from Input to Step 1:

Reference:
Input: 62 97 38 74 55 12 86 45 68 22
Step 1: 13 62 97 38 74 55 86 45 68 23

Inference:
In every step, two numbers are changing their positions. In input, the lowest number which is 15, is first added by 1 and getting placed at extreme left end. Similarly, the second lowest number among all, which is 22 is also getting increased by 1 and is getting placed at the extreme right end of the input to give us Step 1.

Given Input: 88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
 
Reference
Step 1: 13 62 97 38 74 55 86 45 68 23
Step 2: 39 13 62 97 74 55 86 68 23 46

Inference:
In this step too, the 3rd lowest number among all is first getting increased by 1 and is placed at the extreme left end of Step 1 and so is the case with the 4th lowest number. 

Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
 
And the same process continues till we get all the numbers arranged in similar fashion.

The complete Machine process is as follows:
Input:  88 59 28 94 37 75 15 64 71 48
Step1: 16 88 59 94 37 75 64 71 48 29
Step2: 38 16 88 59 94 75 64 71 29 49
Step3: 60 38 16 88 94 75 71 29 49 65
Step4: 72 60 38 16 88 94 29 49 65 76
Step5: 89 72 60 38 16 29 49 65 76 95

ECGC PO Mock Test - 6 - Question 9

A group of investigators took a fair sample of 1972 children from the general population and found that there are 1000 boys and 972 girls. If the investigators claim that their research is so accurate that the sex of a new bom child can be predicted based on the ratio of the sample of the population, then what is the expectation in terms of the probability that a new child bom will be a girl?

Detailed Solution for ECGC PO Mock Test - 6 - Question 9

972/1972 = 243/ 493.

ECGC PO Mock Test - 6 - Question 10

11111.10 ÷ 989.88×88.88÷0.798 = ?

Detailed Solution for ECGC PO Mock Test - 6 - Question 10

10000 ÷ 1000 = 10
88÷0.8 = 110
10*110 = 1100

So option C is correct

ECGC PO Mock Test - 6 - Question 11

3√ 0.000001728 = ?

Detailed Solution for ECGC PO Mock Test - 6 - Question 11

0.012*0.012*0.012 0.000001728

ECGC PO Mock Test - 6 - Question 12

Directions for questions: Based on the series of numbers given in the question, find the next / missing number in the series.

5, 7, 11, 13, 17, ?

Detailed Solution for ECGC PO Mock Test - 6 - Question 12

Here the pattern is + 2, + 4 , + 2, + 4  and so on.
Hence last term will be 17 + 2 = 19. 

ECGC PO Mock Test - 6 - Question 13

Last year, the ratio between the salaries of A and B was 3 : 4. But, the ratios of their individual salaries between the last year and this year were 4 : 5 and 2 : 3, respectively. If the sum of their present salaries is Rs. 4160, then how much is the salary of A now?

Detailed Solution for ECGC PO Mock Test - 6 - Question 13

Let salary of A last year be Rs. 3s.
Salary of B last year = Rs. 4s
Let present salary of A be Rs. A and that of B be Rs. B.
So, 3s/A = 4/5 or A = 15s/4
4s/B = 2/3 or B = 6s
So, adding up the present salaries, we get (15s/4) + 6s = 4160
Or, s = 426.667
Present salary of A = Rs. A = Rs. (15/4)s = Rs. (15/4) × 426.667 = Rs. 1600
Thus, answer option (2) is correct.

ECGC PO Mock Test - 6 - Question 14

In the given diagram, a rope is wound around a circular drum whose diameter is 70 cm and a bucket is tied to the other end of the rope. Find the number of revolutions made by the drum if the bucket is to be raised by 11 m.

Detailed Solution for ECGC PO Mock Test - 6 - Question 14

Here, the height through which the bucket is to be raised = Number of revolutions of the drum × circumference

ECGC PO Mock Test - 6 - Question 15

One of the base edges of a metallic plate, which is in the form of a right-angled triangle, is soldered to a wire. The wire is rotated around its own axis. What is the maximum volume of the shape obtained by rotating the metallic plate, given that the smallest side of the triangular plate is 8 cm in length and the largest side is 2 cm greater than the second largest side?

Detailed Solution for ECGC PO Mock Test - 6 - Question 15

The figure formed on rotating a right-angled triangle is a right circular cone. First of all, we have to calculate its dimensions.
As shown in the adjoining figure, let the given dimensions of the right-angled triangle be x, x + 2 and 8.
(x + 2)2 = x2 + (8)2
⇒ x2 + 4 + 4x = x2 + (8)2
⇒ 4x = 60
⇒ x = 15

ECGC PO Mock Test - 6 - Question 16

A school has four sections A, B, C, D of Class IX students.

The results of half yearly and annual examinations are shown in the table given below.

Q. Which section has the minimum failure rate in half yearly examination?

Detailed Solution for ECGC PO Mock Test - 6 - Question 16

Total number of failures in half-yearly exams in a section = [(Number of students failed in both exams) + (Number of students failed in half-yearly but passed in Annual exams)] in that section
Therefore Failure rate in half-yearly exams in Section A

Similarly, failure rate in half-yearly exams in:

Clearly, the failure rate is minimum for Section D.

ECGC PO Mock Test - 6 - Question 17

A school has four sections A, B, C, D of Class IX students.

The results of half yearly and annual examinations are shown in the table given below.

Q. How many students are there in Class IX in the school?

Detailed Solution for ECGC PO Mock Test - 6 - Question 17

Since the classification of the students on the basis of their results and sections form independent groups, so the total number of students in the class:
= (28 + 23 + 17 + 27 + 14 + 12 + 8 + 13 + 6 + 17 + 9 + 15 + 64 + 55 + 46 + 76)
= 430.

ECGC PO Mock Test - 6 - Question 18

Directions: Study the following bar chart carefully and answer the questions given beside.
The following graph shows the percentage break-up of sales of units of different products in 2018.

Product A is sold at Rs.40/unit. The shopkeeper earns Rs.18000 from product A.

Q. How many units of product A were sold ?

Detailed Solution for ECGC PO Mock Test - 6 - Question 18

The reqd. answer is = 18000/40 = 450
Hence, option B is correct.

ECGC PO Mock Test - 6 - Question 19

Directions: In the following question, study the two pie-charts and answer the questions.
April Month's Salary = Rs. 24000.

May Month's Salary = Rs. 25000.

Q. From the salary of May, the amount spent on Grocery and Electricity are:

Detailed Solution for ECGC PO Mock Test - 6 - Question 19

Expenditure on grocery

Expenditure on electricity

ECGC PO Mock Test - 6 - Question 20

Read the each sentence to find out whether there is any grammatical error in it. The error, if any will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is 'D'. (Ignore the errors of punctuation, if any).

Detailed Solution for ECGC PO Mock Test - 6 - Question 20

'was that he was too young'

ECGC PO Mock Test - 6 - Question 21

In the following questions four alternatives are given for the idiom/phrase italicised and underlined in the sentence. Choose the alternative which best expresses the meaning of idiom/phrase. 

 

Q. It was he who put a spoke in my wheel. 

Detailed Solution for ECGC PO Mock Test - 6 - Question 21

put a spoke in my wheel:  To disrupt, foil, or cause problems to one's plan, activity, or project.

Hence, the correct answer is option c i.e. thwarted in execution of the plan.

ECGC PO Mock Test - 6 - Question 22

Declining values for bonds, the financial vehicles against which investors hedgeto get through the bear market, is going to force currency trading to increase.

Detailed Solution for ECGC PO Mock Test - 6 - Question 22

Because ‘values’ is plural, you need the plural form of the verb ‘to be’. Eliminate A, B and C. The placement of the preposition ‘against’ in E is better than in D. Prepositions should not come at the end of phrases. Choice E is the correct answer.

ECGC PO Mock Test - 6 - Question 23

Except for internal networks involve identical operating systems, whose identificationprotocol is the same, all legacy multi-system networks need software emulatorsto communicate.

Detailed Solution for ECGC PO Mock Test - 6 - Question 23

The sentence excludes a subset or an event from a larger group. You can eliminate B, D an E because they convey the opposite meaning as they say the subset and the group have the same characteristics. A is wrong because ‘Except for’ should be followed by a phrase, not a sentence. Choice C is the only possible answer.

ECGC PO Mock Test - 6 - Question 24

Directions: Starter to the following paragraph has been correctly provided in statement I. However, the other sentences in the paragraph have been jumbled up. Rearrange the sentences, such as to make coherent sense.

I. There may be much in Lucka's theories which will rouse the scepticism of the monists; some of his deductions may appear to his readers a little strained, but no thinking man or woman can read his brilliant Conclusion without denying him the tribute of sincere admiration.
A. The normal, healthy school-boy, preferring the company of his school-fellows to all others, shunning his mother and sisters, ashamed of his female relatives, is the modern individual representative of those early leagues and unions of young men who opposed matriarchy and finally brought about its overthrow and the establishment of male government.
B. As the human embryo passes through the principal stages of the development of the individual from lower forms of life, so the growing male must pass through the stages of psychical development through which the race has passed.
C. The gynecocratic government of prehistoric time is revived in the nursery, where the mother rules supreme and the sisters dominate.
D. In this last chapter he applies Haeckel's biogenetic law to the domain of the spirit.

Detailed Solution for ECGC PO Mock Test - 6 - Question 24

The starter talks about Lucka's book 'Conclusion'.
D is the only statement that can link up with the book mentioned in I.
B mentions about the principal stages of development and 'A' elaborates further on it. Thus, A follows B. This leads us to DBAC.

ECGC PO Mock Test - 6 - Question 25

Direction: In each of the questions given below, a paragraph is given which has some blanks and those blanks have to be filled with the same word out of five words given below it. You have to choose that same word as your answer and fill up the blanks with that appropriate word. 

You should not make any ____________ remark against your colleagues since they are with you through thick and thin. If they also revert with any ____________ comment you may not be able to tolerate it at your end. Therefore, it is in your own best interests that you should refrain from making ____________ comment on anybody.

Detailed Solution for ECGC PO Mock Test - 6 - Question 25

Here we are talking about the fact that we should not make any statement that hurts or belittles anybody. This will not feel good if that same thing happens to you since you will feel very bad for that. 

That is why the author is of the opinion that you should not indulge in doing something that will hurt you back.

Among the given words here we can see that docile implies pliable and pliant whereas eccentric means strange and abnormal. Both these words are not correct as per the given context and they should be eliminated. There is only one word that makes sense in this context for all the three given blanks and that is derogatory meaning sarcastic and critical. This will make the given paragraph grammatically and contextually meaningful.

This makes Option C the correct choice among the given options. 

ECGC PO Mock Test - 6 - Question 26

Directions: Read the passage carefully and answer the questions that follow:

There is now no denying that the new government takes office amid a clear economic slowdown. The first macro data set released showed an under-performing economy with GDP growth falling to 5.8% in the fourth quarter of 2018-19 and pulling down the overall growth for the fiscal to a five-year low of 6.8%. Growth in gross value added (GVA), which is GDP minus taxes and subsidies, fell to 6.6% in 2018-19, pointing to a serious slowdown. If further confirmation were needed, the growth in core sector output — a set of eight major industrial sectors — fell to 2.6% in April, compared to 4.7% in the same month last year. And finally, unemployment data, controversially suppressed by the Union government so far, showed that joblessness was at a 45-year high of 6.1% in 2017-18. These numbers highlight the challenges ahead in drafting the Budget for 2019-20. The economy is beset by a consumption slowdown as reflected in the falling sales of everything from automobiles to consumer durables, even fast-moving consumer goods. Private investment is not taking off, while government spending, which kept the economy afloat during the last NDA government, was cut back in the last quarter of 2018-19 to meet the fiscal deficit target of 3.4%.

The good news is that inflation is undershooting the target and oil prices are on the retreat again. But the rural economy remains in distress, as seen by the 2.9% growth in agriculture last fiscal; the sector needs a good monsoon this year to bounce back. Overall economic growth in the first quarter of this fiscal is likely to remain subdued, and any improvement is unlikely until the late second quarter or the early third. There are not too many options before the new Finance Minister. In the near term, she has to boost consumption, which means putting more money in the hands of people. That, in turn, means cutting taxes, which is not easy given the commitment to rein in the fiscal deficit. In the medium term, Ms. Sitharaman has to take measures to boost private investment even as she opens up public spending again. These call for major reforms, starting with land acquisition and labour, corporate taxes by reducing exemptions and dropping rates, and nursing banks back to health. On the table will be options such as further recapitalisation of the ailing banks, and consolidation. The question, though, is where the money will come from. With tax revenues likely to be subdued owing to the slowdown, the Centre will have to look at alternative sources such as disinvestment. There may be little choice but to go big on privatisation. A rate cut by the Reserve Bank of India, widely expected this week, would certainly help boost sentiment. But it is the Budget that will really set the tone for the economy

Q. As per the passage, which of the following reforms has NOT been mentioned in the passage to improve the investment climate?

Detailed Solution for ECGC PO Mock Test - 6 - Question 26

Refer to: ‘Ms. Sitharaman has to take measures to boost private investment even as she opens up public spending again. These call for major reforms, starting with land acquisition and labour, corporate taxes by reducing exemptions and dropping rates, and nursing banks back to health. On the table will be options such as further recapitalisation of the ailing banks, and consolidation.’

The passage does not talk about privatization of banks and thus, option B is the correct answer.

ECGC PO Mock Test - 6 - Question 27

The idea for the invention of the internet was derived from _________.

Detailed Solution for ECGC PO Mock Test - 6 - Question 27

The first workable prototype of the Internet came in the late 1960s with the creation of ARPANET, or the Advanced Research Projects Agency Network.

ECGC PO Mock Test - 6 - Question 28

Who has been appointed as the head of NATO?

Detailed Solution for ECGC PO Mock Test - 6 - Question 28

Jens Stoltenberg has been appointed as the head of NATO. He has been serving as the Secretary-General of NATO since 2014. Stoltenberg's tenure has been extended multiple times due to his leadership skills and his ability to build consensus among the alliance's member countries. He has been widely appreciated for his steady leadership during challenging times, including the presidency of former U.S. President Donald Trump, who raised discussions about the U.S.'s commitment to NATO.

ECGC PO Mock Test - 6 - Question 29

Which organization appointed Krishna Mishra as the Chief Executive Officer (CEO) with effect from 1st August 2023?

Detailed Solution for ECGC PO Mock Test - 6 - Question 29

Krishna Mishra has been appointed as the Chief Executive Officer (CEO) of FPSB India, the Indian subsidiary of the Financial Planning Standards Board (FPSB). He will be responsible for leading the strategy and operations of FPSB India, focusing on advancing the financial planning profession in India.

ECGC PO Mock Test - 6 - Question 30

What does the POSHAN Abhiyaan primarily target to reduce?

Detailed Solution for ECGC PO Mock Test - 6 - Question 30

POSHAN Abhiyaan targets a reduction in stunting, under-nutrition, and anaemia, focusing on vulnerable groups like children and pregnant women.

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