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IRDAI Assistant Manager Mock Test - 4 - Insurance Exams MCQ


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30 Questions MCQ Test - IRDAI Assistant Manager Mock Test - 4

IRDAI Assistant Manager Mock Test - 4 for Insurance Exams 2025 is part of Insurance Exams preparation. The IRDAI Assistant Manager Mock Test - 4 questions and answers have been prepared according to the Insurance Exams exam syllabus.The IRDAI Assistant Manager Mock Test - 4 MCQs are made for Insurance Exams 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for IRDAI Assistant Manager Mock Test - 4 below.
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IRDAI Assistant Manager Mock Test - 4 - Question 1

If 'craft used with pen' is coded as '∞†  ≤®  %Δ  µ◊', then what is the possible code for 'writing for'?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 1

'pen and paper writing' is coded as 'µ◊  θ♪  ¤¥  λ©' . . . . . . . . . . (1)

'paper used for craft' is coded as '≤®  ΩΨ  ∞†  ¤¥'. . . . . . . . . . . (2)

'craft used for entertainment' is coded as '≤®  ∞†  ΩΨ  Δ•'. . . . . (3)

'craft with pen paper' is coded as '∞†  µ◊  ¤¥  %Δ' . . . . . . . . . . (4)

From (1) and (2), we get

paper - ¤¥

From (1) and (4), we get

pen - µ◊

From (3) and (4), we get

craft - ∞†

From (2) and (3), we get

used/ for - ≤®/ ΩΨ

From (1), we get

and / writing - θ♪ / λ©

From (3), we get

entertainment - Δ•

From (4), we get

with - %Δ

writing - λ© / θ♪

for - ΩΨ

IRDAI Assistant Manager Mock Test - 4 - Question 2

What is the hobby of the spokesperson?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 2
  • Y is the Treasurer and he likes Cycling.
  • U is immediate senior to Y and likes either Reading or Cooking.

  • One person is designated between U and W who is not a spokesperson.
  • The person who likes Singing is senior to W.

  • V is senior to Z and none of them is the President.

  • W likes Dancing and Z likes neither Cooking nor travelling.

Therefore --

The spokesperson likes Reading. Hence, 'b' is the correct option.

IRDAI Assistant Manager Mock Test - 4 - Question 3

In the following questions, a set of statements is followed by some conclusions, one of which definitely does not follow (or is not a possibility of occurrence). Choose that conclusion as the answer.

Statements:

Some tracks are wallets

All wallets are fakes

Many fakes are gates

No gate is a heart.

Conclusions:

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 3

A possible diagram is shown:

Conclusions 1 and 2 are true, 3 and 4 are possible.

IRDAI Assistant Manager Mock Test - 4 - Question 4

In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains the error and mark it as the answer. Ignore errors of punctuation. In case the sentence is correct as it is, mark option (e), that is, 'No error'. Note - The words in bold are grammatically and contextually correct.

Such altruism does not necessarily (A) / preclude a preoccupation with (B) / self-interested internal occupational (C) / stratification and there is less evidence (D) / that this was a significant motive. (E)

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 4

The error is in part D. 'Less' needs to be replaced with 'little'. We use the quantifier 'less' to talk about quantities, amounts and degree. 'Less' is the comparative form of 'little'. We usually use 'less' with uncountable nouns. 'Little' means not much/almost nothing. In general English, evidence is always uncountable. Moreover, the sentence is not even talking about any comparison, it is clearly stating that there is no evidence to support such altruism. Therefore, 'little' would be correct to use.

Hence, option (a) is correct.

IRDAI Assistant Manager Mock Test - 4 - Question 5

In the following question, two statements and five connectors are given. Only one of the connectors from those given can be used to combine the given two statements into one sentence, without changing its meaning. Choose that connector as your answer.

i. Many well-educated people have found it hard to keep up with science's rapidly expanding knowledge.

ii. They are still utterly perplexed as to how spontaneous, self-organizing processes could explain our highly complex world.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 5

The two statements bear a cause and effect relationship to each other, wherein ii) occurs as a result of i). 'Until' indicates up to a certain time and it is used whenever a sentence is conditional with respect to time; 'unless' indicates that if something does not happen, something else will happen or be true as a result ; 'whenever' indicates time and means at any or every time and 'so long as' is a conditional clause which means 'provided that'. These options do not justify the relationship between the two statements. 'Consequently' indicates something occurs or takes place as a result of something else. This aptly satisfies the relationship between i) and ii). The connected sentence is: "Many well-educated people have found it hard to keep up with science's rapidly expanding knowledge consequently, they are still utterly perplexed as to how spontaneous, self-organizing processes could explain our highly complex world." Hence, c) is the correct answer.

IRDAI Assistant Manager Mock Test - 4 - Question 6

In the question given below, a sentence is given with two blanks, followed by five options, each having two words that may or may not fit in the blanks. Choose the one that gives the correct words that fit in the blanks.

_________oil prices have created a disturbance among the people since it has a direct _________ on essential commodities.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 6

The given sentence is about some unmentioned changes to oil prices and their impact on people and essential commodities.

In option (a), the word 'declines' is a third-person singular verb, but the blank requires a quantifier (an adjective) to quantify or express what is happening to the noun 'oil prices'. So, 'declines' does not suit the sentence grammatically so the option can be negated.

In option (b), the word 'effects' is grammatically incorrect because it is preceded by article 'a' which can represent only a singular noun but 'effects' which is a plural noun, in this case, contradicts the given article. So, this option can be negated.

In option (c), the word 'repulsing (repel/revolt)' is contextually irrelevant, but 'swelling' is contextually and grammatically correct. Thus, this option cannot fit the given sentence.

In option (d), the word 'surging' which is an adjective (in this case) is quantifying the noun 'oil prices' and 'effect' which is singular and supports the article 'a' matches the context of the sentence and also grammatically fits the given sentence.

In option (e), the words 'projected' and 'affection' are contextually irrelevant.

Hence, the correct answer is option d).

IRDAI Assistant Manager Mock Test - 4 - Question 7

According to the passage, which is the first successfully cloned species?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 7

"With the first successful cloning of 'Dolly', the sheep in 1997, it is anticipated that sooner or later, scientists would be able to clone human beings". According to the passage, a sheep named 'Dolly' is the first species that was cloned successfully. Hence, option (d) is the answer.

IRDAI Assistant Manager Mock Test - 4 - Question 8

Which of the following represents the FIFTH sentence in the arrangement?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 8

Statement D is given to be in its correct position (which is fourth in the correct order). Statements A, C and E cannot be the first sentence in the correct arrangement because they contain phrases like 'this person', 'this individual', and 'both of you' respectively that show dependence on some other statement/s; while first sentence should be the one that introduces an idea or is stated generally. Statement F talks about the trust deficit between the reader (you) and 'the other person'- both having been introduced in Statement B. Thus, B should be the first; and F should be the second sentence in the correct arrangement.

C should be the third sentence because it is the only one that effectively connects the ideas from F 'beginning to doubt the other person's motive' and D 'asking you to be a partner in their wrongdoing'. Statement A adds on to the idea stated in D, by giving an example of how the other person compels you to commit a wrongdoing; while E is the end-result or the solution to the stated issue. Hence A should be the fifth sentence and E should be the last. The correct order of the given set of sentences is - BFCDAE.

The correct sequence is BFCDAE; hence the fifth statement is A. Answer is option (d).

IRDAI Assistant Manager Mock Test - 4 - Question 9

In the question given below, four sentences are given, which may or may not contain an error. Decide which of the sentence is grammatically incorrect or not meaningful and mark the answer accordingly. If none of the sentences contains an error, mark 'All are correct' as your answer.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 9

The statement in option (c) is incorrect. The use of 'most', which is used while forming the superlative of adjectives and adverbs, in parallel with the comparative form of adjective 'smaller' renders the sentence grammatically incorrect; 'more' should have been used here instead. Hence, option (c) is the correct answer.

IRDAI Assistant Manager Mock Test - 4 - Question 10

In the question below, a sentence is given with four words highlighted in bold. One of these four words may be either wrongly spelt or inappropriate in the context of the sentence. Find out the word, which is wrongly spelt or inappropriate, if any. If all the words are correctly spelt and appropriate in the context of the sentence, mark (E) as your answer.

The firm(A) soon achieved compete(B) dominance(C) in the marketplace(D).

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 10

'Compete' means a strive to gain or win something by defeating or establishing superiority over others, which is not what this sentence is talking about. The correct word will be 'complete' which means 'having all the necessary or appropriate parts'. Alternatively, 'compete dominance' is meaningless and the correct phrase would be 'complete dominance'.

Therefore, the correct answer is option (a).

IRDAI Assistant Manager Mock Test - 4 - Question 11

In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. Find out which of the sentences has/have correctly used the highlighted word and mark your answer accordingly.

Guide

(I) The tests are a rough guide to students' progress.

(II) The government is planning to launch a benchmarking scheme to guide consumers.

(III) I guided these photos while I was cleaning out my cupboards.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 11

The word "guide" can serve as both a noun and a verb, depending on the context. As a noun, it refers to something that provides direction, advice, or assistance, such as a handbook, manual, or person who leads or directs others. As a verb, "guide" means to show the way, provide instructions, or offer advice, typically to help someone navigate a situation or achieve a goal.

In statement I, the word "guide" is correctly used as a noun, referring to something that provides direction or assistance. It refers to the tests serving as a rough indication or measure of students' progress.

In statement II, "guide" is correctly used as a verb, indicating the action of providing advice or direction to consumers.

In statement III, "guide" is not used correctly. We cannot guide the photos. The sentence implies that while the speaker was cleaning out his/her cupboards, he/she handled the photos in some manner. Perhaps he/she organised or sorted the photos, but the word "guided" does not accurately convey this action. It would be more appropriate to use a word like "sorted" or "found" in this context. Hence, (d) is the correct answer.

IRDAI Assistant Manager Mock Test - 4 - Question 12

Hindi Journalism Day is observed every year on 30 May, The journey of Hindi journalism began on May 30, 1826, with publication of the first Hindi newspaper, 'Udant Martand,' started by who among the following?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 12

The journey of Hindi journalism began on May 30, 1826, with publication of the first Hindi newspaper, 'Udant Martand,' started by Pt. Jugal Kishore Shukla. This day is dedicated to the special contribution of Hindi journalists working for public welfare, imbued with truth & courage. The Hindi publication of Udant Martand was a milestone in the history of Indian journalism.

IRDAI Assistant Manager Mock Test - 4 - Question 13

In June 2024, which among the following organizations announced that it intends to set up India's largest 1500 KTA ethane cracker project in Madhya Pradesh?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 13

GAIL, the country's top gas supplier, has announced that it intends to set up 1500 KTA ethane cracker project at Ashta, district Sehore in Madhya Pradesh, having product slate of various ethylene derivatives. GAIL said that the project will entail projected investment of Rs 60,000 crore. It is noteworthy that this project involving an investment of about Rs 60,000 crore will be the country's largest ethane cracker project. A green field petrochemical complex is also proposed in this project. Under this, petrochemicals like LLDPE, HDPE, MEG and propylene will be produced.

IRDAI Assistant Manager Mock Test - 4 - Question 14

In June 2024 which among the following company has announced the launch of its Lab45 artificial intelligence (AI) platform which leverages generative AI (GenAI), machine learning (ML), and deep learning technologies to help companies increase efficiences, transform business functions, and enable industry-specific solutions?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 14

Wipro announced the launch of its Lab45 artificial intelligence (AI) platform, which leverages generative AI (GenAI), machine learning (ML), and deep learning technologies to help companies increase efficiencies, transform business functions, and enable industry-specific solutions. Lab45 is Wipro's innovation lab, and the Lab45 AI platform is available to all Wipro clients.. With over 1,000 GenAI agents and more than 10 GenAI applications, the platform claims to offer no-code and low-code pre-built applications for HR, sales, marketing, and operations functions, while also allowing for the easy creation of industry-specific GenAI agents and applications.

IRDAI Assistant Manager Mock Test - 4 - Question 15

In June 2024, The Reserve Bank of India imposed a penalty of Rs ______________ lakh on SBM bank for non-compliance with certain regulatory norms including non-compliance with licensing conditions imposed by the RBI, and specific directions to stop undertaking Liberalised Remittance Scheme (LRS) transaction.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 15

The Reserve Bank of India has imposed a penalty of Rs 88.70 lakh on SBM Bank (India) for non-compliance with certain regulatory norms. In a statement, the central banks said the penalty has been imposed for non-compliance with licensing conditions imposed by the RBI, and specific directions to stop undertaking Liberalised Remittance Scheme (LRS) transaction.

IRDAI Assistant Manager Mock Test - 4 - Question 16

In August 2024, The England and Wales Cricket Board announced Former England cricketer and coach Graham Thorpe passed away. He was 55. Thorpe played _______________ Tests and 82 ODIs for England between 1993 and 2005 and scored 6,744 runs in the longer format, which included 16 centuries, at an average of 44.66.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 16

Former England cricketer and coach Graham Thorpe passed away, the England and Wales Cricket Board announced. He was 55. Thorpe played 100 Tests and 82 ODIs for England between 1993 and 2005 and scored 6,744 runs in the longer format, which included 16 centuries, at an average of 44.66. The stylish left-handed batter also smashed 2380 runs laced with 21 fifties at an average of 37.18. Thorpe also spent 17 years playing for Surrey, where he made 241 appearances in first-class cricket and 271 List-A games, scoring over 20,000 runs for the county side. His former county also mourned his sad loss as chairman Oli Slipper hailed his legacy.

IRDAI Assistant Manager Mock Test - 4 - Question 17

In August, Which of the following company has received approval from the Competition Commission of India (CCI) to acquire a 60% majority stake in Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 17

The Competition Commission of India (CCI) has approved the acquisition of shareholding in each of Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited by IndusInd International Holdings Limited. The proposed combination pertains to the acquisition of 60% shareholding in each of Invesco Asset Management (India) Private Limited (Invesco AMC) and Invesco Trustee Private Limited (Invesco Trustee) by IndusInd International Holdings Limited (IIHL) (Proposed Combination). IIHL will be holding the investment through its wholly owned and controlled subsidiary, IIHL AMC Holdings Limited (IIHL AMC), which has been incorporated specifically for the Proposed Combination. IIHL is a Global Business License (Category 1) licensee company incorporated in the Republic of Mauritius.

IRDAI Assistant Manager Mock Test - 4 - Question 18

In August 2024, who among the following has taken charge as the new Union Home Secretary, succeeding Ajay Kumar Bhalla after his five-year tenure and was serving as union culture secretary before his appointment to the top bureaucratic post, next only to the Cabinet Secretary?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 18

Senior IAS officer Govind Mohan will take charge as the new Union Home Secretary from Ajay Kumar Bhalla, who completes his five-year tenure at the sensitive post. B.Tech from Banaras Hindu University and PG Diploma from IIM, Ahmedabad, was serving as union culture secretary before his appointment to the top bureaucratic post, next only to the Cabinet Secretary. A 1989 batch IAS officer of Sikkim cadre, Mohan has already joined the Union Home Ministry as an Officer on Special Duty. He has a wide experience of serving both the Sikkim and the central governments in various capacities. He had earlier served the home ministry as additional secretary handling several key divisions, including Union territories.

IRDAI Assistant Manager Mock Test - 4 - Question 19

Who among the following conferred the prestigious 'Lifetime Achievement Award' in recognition of his exemplary dedication to the advancement of diabetology, diabetes care, and diabetes research in a ceremony to mark the International Meet of leading medical celebrities, professionals and Medicos from all over the country and abroad?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 19

In a ceremony to mark the International Meet of leading medical celebrities, professionals and Medicos from all over the country and abroad, Union Minister Dr. Jitendra Singh was conferred the prestigious 'Lifetime Achievement Award' in recognition of his exemplary dedication to the advancement of diabetology, diabetes care and diabetes research. The various awards received by him in the past include the "Gold Medal for Oration" from Jawaharlal Institute of Postgraduate Medical Education & Research (JIPMER) Puducherry and the coveted 'Jamna Devi Gian Devi Award" for journalism. The citation described Dr Jitendra Singh as an author of eight books and three Monograms on various aspects of Diabetes. Diabetes awareness books written by Dr Jitendra Singh, one of the books titled "Diabetes Made Easy" was included in the Best-seller section of the World Book Fair held at Pragati Maidan, New Delhi. Dr. Jitendra Singh's pioneering work on 'Stress Diabetes in Kashmiri Migrants' was hailed by the World Health Organization (WHO). The citation read out by Dr. V. Mohan, Chairman of Dr. Mohan's Diabetes Speciality Centre and Madras Diabetes Research Foundation, Chennai, described Dr. Jitendra Singh as a teacher Professor, researcher, and practitioner of Diabetology, who rose from the grassroots to earn a name for himself as well as the State and country to which belongs. The citation also mentions the unique distinction conferred on Dr Jitendra Singh as the Lifetime Pattern of RSSDI (Research Society for the Study of Diabetes in India), the largest academic association of Diabetologists.

IRDAI Assistant Manager Mock Test - 4 - Question 20

In August, the World Bank announced the world's first carbon removal bond, priced at $225 million, with financial returns linked to carbon removal units (CRUs) from reforestation projects in Brazil's Amazon rainforest. What is the tenure of this bond?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 20

The World Bank announced that it has priced a $225 million bond, with financial returns to investors linked to the generation of carbon removal units (CRUs) from reforestation projects in Brazil's Amazon rainforest. The transaction marks the first bond to link financial returns to the removal of carbon from the atmosphere ' compared with prior bonds tied to carbon credits, from avoided emissions ' as well as the World Bank's largest-ever outcome bond. Under the terms of the 9-year, 100% principal-protected bond, investors will receive a coupon consisting of a fixed guaranteed component, and a variable component tied to CRUs generated by reforestation projects by Brazil-based company Mombak.

IRDAI Assistant Manager Mock Test - 4 - Question 21

In August, Who among the following has been appointed as the new India junior men's team head coach, as announced by Hockey India Secretary General Bhola Nath Singh After the Indian men's hockey team won the bronze medal at the Paris Olympics ?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 21

After the Indian men's hockey team won the bronze medal at the Paris Olympics, Hockey India Secretary General Bhola Nath Singh announced that PR Sreejesh would become the Junior India Hockey team's head coach. Notably, India won consecutive bronze hockey medals for the first time in 52 years since the 1972 Munich Games.

IRDAI Assistant Manager Mock Test - 4 - Question 22

In July 2024, A High-Level Committee, under the chairmanship of Union Minister ________________ , has approved several disaster mitigation and capacity-building projects for various states. The meeting of HLC comprising of Finance Minister, Agriculture Minister, and Vice Chairman NITI Aayog as members held in New Delhi.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 22

A High-Level Committee, under the chairmanship of Union Home Minister and Minister of Cooperation, Shri Amit Shah has approved several disaster mitigation and capacity building projects for various states. The meeting of HLC comprising of Finance Minister, Agriculture Minister, and Vice Chairman NITI Aayog as members held in New Delhi. The High-Level Committee considered a total of nine proposals for funding from National Disaster Mitigation Fund (NDMF) and National Disaster Response Fund (NDRF) to combat Urban Flooding in six cities, to mitigate Glacial Lake Outburst Flood (GLOF) in 4 Hill states and to strengthen Fire Services in 3 states. The committee also considered a proposal to implement Yuva Aapda Mitra Scheme in all 28 states.The High-Level Committee in meeting approved six project proposals in the states of Telangana, Gujarat, Karnataka, West Bengal and Maharashtra at a total cost of Rs.2514.36 crore for Urban Flood Management in six metro cities namely Mumbai, Kolkata, Bengaluru, Hyderabad, and Pune.

IRDAI Assistant Manager Mock Test - 4 - Question 23

In September 2024, Government of India has revised the wheat stock limit for traders/wholesalers, retailers, big chain retailers and processors, Traders/Wholesalers are now restricted to holding a maximum of how many of wheat, from the previous limit of 3,000 metric tons.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 23

The Government of India keeps a close watch on the prices of wheat and takes suitable appropriate interventions to ensure price stability for the consumers in the country. A total production of 1129 LMT of wheat was recorded during Rabi 2024 and there is ample availability of wheat in the country. The Removal of Licensing Requirements, Stock Limits, and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2024 was issued on 24 June 2024 and was applicable until 31st March 2025 for all States and Union Territories. All wheat stocking entities are required to register on the wheat stock limit portal and update the stock position on every Friday. Any entity which is found to have not registered on the portal or violates the stock limits will be subject to suitable punitive action under Section 6 and 7 of Essential Commodities Act, 1955. In case the stocks held by above entities are higher than the above prescribed limit, they shall have to bring the same to the prescribed stock limits within 15 days of issue of the notification. Traders/Wholesalers are now restricted to holding a maximum of 2,000 metric tons of wheat, down from the previous limit of 3,000 metric tons. Additionally, stock-holding limits for wheat processors have also been tightened.

IRDAI Assistant Manager Mock Test - 4 - Question 24

In September 2024, the Union Cabinet sanctioned the development of the Venus Orbiter Mission (VOM) with a budget allocation of Rs 1,236 crore, of which Rs 824 crore will be used for the spacecraft and its specific payloads that Scheduled for launch in which of the following year the mission is to be scheduled?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 24

The Union Cabinet cleared the new moon mission Chandrayaan-4 and approved the development of the Venus Orbiter Mission (VOM)as part of the government's vision to explore and study the Earth's closest planet. The Chandrayaan-4 will develop and demonstrate the technologies to come back to Earth after successfully landing on the moon and also collect lunar sample for analysis. VOM, scheduled to launch in March 2028, will focus on putting a scientific spacecraft in the orbit of Venus for a better understanding of its surface and subsurface, atmospheric processes, and the influence of the sun on the Venusian atmosphere. The Chandrayaan-4 mission will cost Rs 2104.06 crore. The budget includes spacecraft development and realisation, two LVM3 launches, external deep space network support, and conducting special tests for design validation, finally leading to the landing on the moon's surface and safe return to Earth along with the collected lunar samples. Major technologies that are required for docking/undocking, landing, safe return to Earth and also accomplishing lunar sample collection and analysis would be demonstrated. The mission is expected to be completed within 36 months of approval with the participation of industry and academia. The Cabinet allocated Rs 1,236 crore for VOM of which Rs 824 crore will be spent on the spacecraft. The cost includes the development and realisation of the spacecraft including its specific payloads and technology elements, global ground station support cost for navigation and network, as well as the cost of the launch vehicle. Venus is believed to have formed in conditions similar to Earth.

IRDAI Assistant Manager Mock Test - 4 - Question 25

The question given below consists of a statement and /or a question and two statements numbered I and II given below it. You must decide whether the data provided in the statements are sufficient to answer the question:

What is the rate of interest paid by Urmila? If Urmila borrows Rs. 10000 from her friend.

Statement I: If she paid Rs. 12000 as total amount at the end of 4 years at the simple interest.

Statement II: If she paid Rs. 1025 as a compound interest at the end of 2 years.

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 25

P = Rs. 10000

From I:

Total amount = P + SI

=> 12000 = 10000 + (10000 * R * 4)/100

=> 2000/400 = R

=> R = 5%

Hence, statement I alone is sufficient.

From II:

CI = P[(1 + R/100)2 - 1]

=> 1025 = 10000 * [(1 + R/100)2 - 1]

=> 1025/10000 + 1 = (1 + R/100)2

=> 441/400 = (1 + R/100)2

=> 21/20 = 1 + R/100

=> R = 1/20 * 100

=> R = 5%

Hence, statement II alone is sufficient.
Therefore, data either in statement I alone or in statement II alone is sufficient to answer the question.

IRDAI Assistant Manager Mock Test - 4 - Question 26

In the following question, a number series is given in which one term is wrong. Find out the wrong term.
365, 305, 259, 221, 197, 185

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 26

Logic for the given series:
365 - 5 * 12 = 305
305 - 4 * 12 = 257
257 - 3 * 12 = 221
221 - 2 * 12 = 197
197 - 1 * 12 = 185
Hence, wrong term = 259

IRDAI Assistant Manager Mock Test - 4 - Question 27

In a school, the number of students in class B is 12.5% more than that in class A. In the next year, the students in class A are increased by 50% and that in class B are increased by 33(1/3)%. Now the number of students in class A is what per cent of that in class B in the next year?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 27

Let the number of students in class A = x

So, the number of students in class B = 112.5% of x = 9x/8

Now, in the next year-

The number of students in class A = 150% of x = 1.5x

And the number of students in class B = 133(1/3)% of (9x/8) = 1.5x

Required percentage = [1.5x/1.5x] * 100 = 100%

IRDAI Assistant Manager Mock Test - 4 - Question 28

If ratio of male to female scholars doing research on subject D is 11: 4, then find the difference between male scholar doing research on subject D and total scholar doing research on subject A?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 28

Let male to female scholar doing research on subjects E is 8x and 5x respectively.

8x - 5x = 45 => x = 15

Total scholars doing research on subject E = 26% = 8x + 5x = 195

1% = 7.5

Total scholars doing research on subject A = 12% = 12 * 7.5 = 90

Total scholars doing research on subject B = 32% = 32 * 7.5 = 240

Total scholars doing research on subject C = 20% = 20 * 7.5 = 150

Total scholars doing research on subject D = 10% = 10 * 7.5 = 75

Male scholars doing research on subject D = 75 * (11/15) = 55
Total scholars doing research on subject A = 90

Required difference = 90 - 55 = 35

IRDAI Assistant Manager Mock Test - 4 - Question 29

What is the total number of scholars doing research on all the five subjects together?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 29

Let male to female scholar doing research on subjects E is 8x and 5x respectively.

8x - 5x = 45 => x = 15

Total scholars doing research on subject E = 26% = 8x + 5x = 195

1% = 7.5

Total scholars doing research on subject A = 12% = 12 * 7.5 = 90

Total scholars doing research on subject B = 32% = 32 * 7.5 = 240

Total scholars doing research on subject C = 20% = 20 * 7.5 = 150

Total scholars doing research on subject D = 10% = 10 * 7.5 = 75

Total scholars doing research on subjects E = 195

Percentage of Scholars doing research on subject E = 26%

Total number of scholars doing research on all the five subjects together = 195 * (100/26) = 750

IRDAI Assistant Manager Mock Test - 4 - Question 30

What value will come in place of question mark (?) in the following question?

18_________33

 of 91% of 4488 = ? x 952 

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 30

(18/33) x (91/100) x 4488 = ? x 952

(18/33) x (13 x 7/100) x (33 x 136) = ? x 7 x 136

? = (18 x 13 x 7 x 136)/(7 x 136 x 100)

? = (18 x 13)/100 = 2.34

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