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Test: Analogy- 3 - CUET Commerce MCQ


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20 Questions MCQ Test General Test Preparation for CUET - Test: Analogy- 3

Test: Analogy- 3 for CUET Commerce 2024 is part of General Test Preparation for CUET preparation. The Test: Analogy- 3 questions and answers have been prepared according to the CUET Commerce exam syllabus.The Test: Analogy- 3 MCQs are made for CUET Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Analogy- 3 below.
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Test: Analogy- 3 - Question 1

Read the following information carefully and answer the question which follow:

Farmers found using chemical fertilizers in the organic farming area of their farms would be heavily fined.Which of the following statements is an assumption implicit in the given statement? (An assumption is something supposed or taken for granted.)

Detailed Solution for Test: Analogy- 3 - Question 1

The correct option is B.

Because  organic and chemical farming both are different to each other

Test: Analogy- 3 - Question 2

 Statement:  " We believe that the adjustment that has already taken place in the value of the rupee is adequate. These is no ground for a further weakening of the rupee". - RBI governer

Assumptions: 

I. The value of the rupee has depreciated recently.

II. Dollar-buying has been on the rise.

III. Currencies do not fall after a certain level.

Detailed Solution for Test: Analogy- 3 - Question 2

The correct answer is C: I and III.

Explanation:
I. The value of the rupee has depreciated recently.
This assumption is implicit in the statement because the statement mentions that "the adjustment that has already taken place in the value of the rupee is adequate." This implies that there has been a depreciation in the value of the rupee.

II. Dollar-buying has been on the rise.
This assumption is not explicitly mentioned in the statement. The statement only talks about the adjustment in the value of the rupee, but it does not provide any information about the trend in dollar-buying. Therefore, this assumption cannot be considered implicit.

III. Currencies do not fall after a certain level.
This assumption is implicit in the statement because the statement mentions that "there is no ground for a further weakening of the rupee." This implies that the governor believes that the rupee has reached a certain level and it should not weaken further. This assumption suggests that there is a limit to currency depreciation.

Therefore, the correct assumptions are I and III.

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Test: Analogy- 3 - Question 3

These questions are based on the information given above and the sentences labeled (A), (B),(C),(D),(E) and (F) as given below

(A)    A smaller brand manufacturing a certain product of quality comparable with that of a bigger brand, makes much more profit from the local grocery stores than from the supermarkets.

(B)   As the supermarkets have been set up only in bigger cities at present, this step would fail to deliver results in the smaller cities.

(C)   Supermarkets help the smaller brands break into newer markets without investing substantially in distribution.

(D)   Supermarkets charge the smaller brands 10% higher than the amount charged to the bigger brands.

(E)   Being outnumbered by the bigger brands, visibility of the smaller brands at local grocery stores is much lower as compared to the supermarkets.

(F)    Smaller brands are currently making substantial losses in their businesses.

Q.
Which of the statements numbered (A), (B), (C), (D), (E) and (F) can be assumed from the facts/information given in the statements? (An assumption is something supposed or taken for granted)

Detailed Solution for Test: Analogy- 3 - Question 3

Only F can be assumed from above the given statements all other are the facts to support the assumption of F.

Test: Analogy- 3 - Question 4

These questions are based on the information given above and the sentences labeled (A), (B),(C),(D),(E) and (F) as given below

(A)    A smaller brand manufacturing a certain product of quality comparable with that of a bigger brand, makes much more profit from the local grocery stores than from the supermarkets.

(B)   As the supermarkets have been set up only in bigger cities at present, this step would fail to deliver results in the smaller cities.

(C)   Supermarkets help the smaller brands break into newer markets without investing substantially in distribution.

(D)   Supermarkets charge the smaller brands 10% higher than the amount charged to the bigger brands.

(E)   Being outnumbered by the bigger brands, visibility of the smaller brands at local grocery stores is much lower as compared to the supermarkets.

(F)    Smaller brands are currently making substantial losses in their businesses.

Q.
Which of the statements numbered (A), (B), (C), (E) and (F) represents a disadvantage of the small grocery stores over the supermarkets from the perspective of a smaller brand?

Detailed Solution for Test: Analogy- 3 - Question 4

“Being outnumbered by the bigger brands” gives the disadvantage. Therefore C is the correct option.

Test: Analogy- 3 - Question 5

These questions are based on the information given above and the sentences labeled (A), (B),(C),(D),(E) and (F) as given below

(A)    A smaller brand manufacturing a certain product of quality comparable with that of a bigger brand, makes much more profit from the local grocery stores than from the supermarkets.

(B)   As the supermarkets have been set up only in bigger cities at present, this step would fail to deliver results in the smaller cities.

(C)   Supermarkets help the smaller brands break into newer markets without investing substantially in distribution.

(D)   Supermarkets charge the smaller brands 10% higher than the amount charged to the bigger brands.

(E)   Being outnumbered by the bigger brands, visibility of the smaller brands at local grocery stores is much lower as compared to the supermarkets.

(F)    Smaller brands are currently making substantial losses in their businesses.

Q.
Which of the statements (A), (B), (C), (D) and (E) mentioned above represents a reason for the shift from local grocery stores to supermarkets by the smaller brands?

Detailed Solution for Test: Analogy- 3 - Question 5

The correct Answer is:E


A smaller brand manufacturing a certain product of quality comparable with that of a bigger brand, makes much more profit from the local grocery stores than from the supermarkets.

Test: Analogy- 3 - Question 6

These questions are based on the information given above and the sentences labeled (A), (B),(C),(D),(E) and (F) as given below

(A)    A smaller brand manufacturing a certain product of quality comparable with that of a bigger brand, makes much more profit from the local grocery stores than from the supermarkets.

(B)   As the supermarkets have been set up only in bigger cities at present, this step would fail to deliver results in the smaller cities.

(C)   Supermarkets help the smaller brands break into newer markets without investing substantially in distribution.

(D)   Supermarkets charge the smaller brands 10% higher than the amount charged to the bigger brands.

(E)   Being outnumbered by the bigger brands, visibility of the smaller brands at local grocery stores is much lower as compared to the supermarkets.

(F)    Smaller brands are currently making substantial losses in their businesses.

Q.
Which of the statements numbered (A), (B), (C), (E) and (F) mentioned above would prove that the step taken by the smaller brands (of moving to supermarkets) may not necessarily be correct?

Test: Analogy- 3 - Question 7

Read the following information and the five statements given below it carefully and answer the questions which follow.

Steve Jobs himself said it: “It’s smart to take an existing idea and enhance it beautifully,” Apple did it and so did some of the most successful brands worldwide. To be successful, it is not essential to imovation’ which is a combination of innovation and imitation.

(A)  As an innovation is a standalone product in the market, it reaps in all the profit till the ‘innovators’ imitate it. ‘Imovation’, however, is not profitable as there are many imitated products in the market at the same time, all reducing each other’s profits.

(B) Brand X duplicated Brand Y’s mobile phones with exactly the same features and same price range but failed to make an impact in the market.

(C) No one remembers the innovators after some time because they did not turn their idea into success. On the other hands, the imitators did what they had to just at the right time.

(D)  While Sanfy invented portable MP3 players, it was Apple which enabled MP3 players to play videos and games at a fairly reasonable price, thus capturing the market.

(e) ‘Imovation’ is a lot less risky business venture. An imitator is already equipped with the analysis of how market received the innovation.

Q.
‘Blind imitation of a product can never be successful and sustainable. Which of the statements (A), (B), (C), (D) and (E) mentioned above proves the above statement most appropriately?

Test: Analogy- 3 - Question 8

Read the following information and the five statements given below it carefully and answer the questions which follow.

Steve Jobs himself said it: “It’s smart to take an existing idea and enhance it beautifully,” Apple did it and so did some of the most successful brands worldwide. To be successful, it is not essential to imovation’ which is a combination of innovation and imitation.

(A)  As an innovation is a standalone product in the market, it reaps in all the profit till the ‘innovators’ imitate it. ‘Imovation’, however, is not profitable as there are many imitated products in the market at the same time, all reducing each other’s profits.

(B) Brand X duplicated Brand Y’s mobile phones with exactly the same features and same price range but failed to make an impact in the market.

(C) No one remembers the innovators after some time because they did not turn their idea into success. On the other hands, the imitators did what they had to just at the right time.

(D)  While Sanfy invented portable MP3 players, it was Apple which enabled MP3 players to play videos and games at a fairly reasonable price, thus capturing the market.

(e) ‘Imovation’ is a lot less risky business venture. An imitator is already equipped with the analysis of how market received the innovation.

Q.
Which of the statements (A), (B), (C), (D) and (E) mentioned above represented an advantage of imitating an existing product?

Test: Analogy- 3 - Question 9

Read the following information and the five statements given below it carefully and answer the questions which follow.

Steve Jobs himself said it: “It’s smart to take an existing idea and enhance it beautifully,” Apple did it and so did some of the most successful brands worldwide. To be successful, it is not essential to imovation’ which is a combination of innovation and imitation.

(A)  As an innovation is a standalone product in the market, it reaps in all the profit till the ‘innovators’ imitate it. ‘Imovation’, however, is not profitable as there are many imitated products in the market at the same time, all reducing each other’s profits.

(B) Brand X duplicated Brand Y’s mobile phones with exactly the same features and same price range but failed to make an impact in the market.

(C) No one remembers the innovators after some time because they did not turn their idea into success. On the other hands, the imitators did what they had to just at the right time.

(D)  While Sanfy invented portable MP3 players, it was Apple which enabled MP3 players to play videos and games at a fairly reasonable price, thus capturing the market.

(e) ‘Imovation’ is a lot less risky business venture. An imitator is already equipped with the analysis of how market received the innovation.

Q.
Which of the statements (A), (B), (C), (D) and (E) mentioned above would contradict the fact that imitation of products is a successful market strategy?

Test: Analogy- 3 - Question 10

Read the following information and the five statements given below it carefully and answer the questions which follow.

Steve Jobs himself said it: “It’s smart to take an existing idea and enhance it beautifully,” Apple did it and so did some of the most successful brands worldwide. To be successful, it is not essential to imovation’ which is a combination of innovation and imitation.

(A)  As an innovation is a standalone product in the market, it reaps in all the profit till the ‘innovators’ imitate it. ‘Imovation’, however, is not profitable as there are many imitated products in the market at the same time, all reducing each other’s profits.

(B) Brand X duplicated Brand Y’s mobile phones with exactly the same features and same price range but failed to make an impact in the market.

(C) No one remembers the innovators after some time because they did not turn their idea into success. On the other hands, the imitators did what they had to just at the right time.

(D)  While Sanfy invented portable MP3 players, it was Apple which enabled MP3 players to play videos and games at a fairly reasonable price, thus capturing the market.

(e) ‘Imovation’ is a lot less risky business venture. An imitator is already equipped with the analysis of how market received the innovation.

Q.
Companies must add such values to their imitated products that not only distinguish their imitation but also add to customer satisfaction.
Which of the statements numbered (A), (B), (C), (D) and (E) mentioned above proves the above statement most appropriately?

Test: Analogy- 3 - Question 11

Read the following information carefully and answer the question which follows.

A recent report points to the fact that what stands between girls in village Regari and a good education is the lack of transport to and from the only school in the area.

Which of the following can be inferred from the given statement?(An inference is something which is not directly stated but can be inferred from the given facts.)

Test: Analogy- 3 - Question 12

It has been reported in recent years that a very large number of seats in engineering colleges in the country remain vacant at the end of the admission session.

Which of the following may be the probable cause of the above effect?

Test: Analogy- 3 - Question 13

The condition of the roads in the city has deteriorated considerably during the first two months of monsoon and most of the roads have developed big potholes.

Which of the following can be a possible effect of the above cause?

Test: Analogy- 3 - Question 14

Majority of the students who appeared in the final examination of postgraduate course in management in the local college have secured first class, which is comparatively higher than the performance of students of other management colleges in the state.

Which of the following may indicate that the results are not in line with the general trend?

Detailed Solution for Test: Analogy- 3 - Question 14

The correct option is C.
It indicates that the results are not in line with the general trend.

Test: Analogy- 3 - Question 15

It has been reported in many leading newspapers that the current year’s monsoon may be below the expected level as many parts of the country are still not getting adequate rainfall.Which of the following can be a possible fallout of the above situation?

Detailed Solution for Test: Analogy- 3 - Question 15

The correct option is C.
may be the possible fallout of a given situation.
 

Test: Analogy- 3 - Question 16

There has been a spate of rail accidents in India in the recent months killing large numbers of passengers and injuring many more. This has raised serious doubts on the railway’s capability of providing safety to travelers.Which of the following statements substantiates the views expressed in the above statement?

Test: Analogy- 3 - Question 17

A few travelers were severely beaten up by villagers recently in a remote rural part of the state as the villagers found the movement of the travelers suspicious. The district authority has sent a police team to nab the culprits. Which of the following inferences can be drawn from the above statement? (An inference is something which is not directly stated but can be inferred from the given facts.)

Detailed Solution for Test: Analogy- 3 - Question 17

The correct option is D.
Though not explicitly stated, it can be said with reasonable certainty that the government generally provides protection to travellers across the country based on its actions.
 

Test: Analogy- 3 - Question 18

There has been a considerable drop in sales of four-wheelers during the past six months when compared to the number of four-wheelers sold during this period last year.

Which of the following can the probable cause(s) of the above phenomenon?

(A) The govt. imposed higher excise duty on four-wheelers at the beginning of this year.

(B) The petrol prices have risen considerably during the past eight months.

(C) The rate of interest on home and car loans have been rising for the past seven months.

Test: Analogy- 3 - Question 19

There is an alarming trend of skewed sex ratio against women in India during the past decade and the situation may go out of hand if adequate steps are not taken to stop female foeticide.

Which of the following can be an effective step to reverse the trend?

(A) The govt. should immediately completely ban the use of scanners/sonography on expecting mothers at all health centres.

(B) The govt. should announce a substantial incentive scheme for couples who have at least one girl child.

(C) The Govt. should launch a nationwide campaign to create awareness against female foeticide

Test: Analogy- 3 - Question 20

A very large number of technically qualified young Indian are coming out of colleges every year though there are not enough opportunities for them to get gainful employment.Which of the following contradicts the views expressed in the above statement?

Detailed Solution for Test: Analogy- 3 - Question 20

The correct option is D.
People are going abroad for better opportunities.

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