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Decision Making Practice Quiz - 2 - Bank Exams MCQ


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9 Questions MCQ Test Reasoning Aptitude for Competitive Examinations - Decision Making Practice Quiz - 2

Decision Making Practice Quiz - 2 for Bank Exams 2024 is part of Reasoning Aptitude for Competitive Examinations preparation. The Decision Making Practice Quiz - 2 questions and answers have been prepared according to the Bank Exams exam syllabus.The Decision Making Practice Quiz - 2 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Decision Making Practice Quiz - 2 below.
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Decision Making Practice Quiz - 2 - Question 1

                                                                                       Group Question

The passage given below is followed by a set of questions. Choose the most appropriate answer to each question.


LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.

 

 

Q. As a representative of Kop Limited, you have been asked to help them convince LFC board members and supporters that the deal would be in the club’s best interests. To create a positive impact, the best decision you could take would be to:  

Detailed Solution for Decision Making Practice Quiz - 2 - Question 1

Solution: The apprehension towards the takeover bid mostly stems from Kop Limited’s limited exposure to LFC’s legacy and culture.
Option 1 seems irrational and defeatist. It would seem that Kop Limited has no interest in playing a role in the club’s success. Eliminate option 1.
Option 2 would not help change how Kop Limited is perceived and is thus, not advisable.
Options 4 and 5, seem hasty and would be perceived as quick-fixes rather than stable long-term solutions that will benefit all parties involved.
Option 3 can be deemed as the most suitable decision since it provides Kop Limited a chance to assure the Board of their capabilities and work with them to win over LFC’s fan following.
Hence, the correct answer is option 3.

Decision Making Practice Quiz - 2 - Question 2

LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.

 

 

Q. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.

Detailed Solution for Decision Making Practice Quiz - 2 - Question 2

Solution: The question requires a suitable reason which would make Kop Limited’s bid seem unnecessary to the club without denying any advantages that the liaison might bring. Option 4 alone manages to keep this balance.
Option 1 is ruled out since LFC’s success might not necessarily be due to its ownership as much as it might be due to its players and management.
Option 2 does not provide an adequate reason to reject Kop Limited’s bid; their lack of experience in a particular region does not necessarily make their proposal seem harmful to LFC’s interests.
Option 3 is absurd; though, it might be true that LFC’s success can be attributed to its fans but one cannot accept a unanimous consensus from such a large number of fans. To reject a proposal on these grounds would be irrational on the board’s part.
Option 5 can be eliminated since a takeover need not be limited to adding monetary value alone.
Hence, the correct answer is option 4.

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Decision Making Practice Quiz - 2 - Question 3

LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.

 

 

Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration except

Detailed Solution for Decision Making Practice Quiz - 2 - Question 3

Solution: The question seeks a choice that would be irrelevant to Kop’s takeover of LFC. Option 1 is a valid concern since the passage mentions how LFC fans were concerned about “commercial exploitation of the club’s legacy.” Options 2 and 3 are also worth considering for Kop Limited, as the prospective owners of LFC.
It is necessary, that the existing management of LFC agrees with Kop Limited on the transition during the change of ownership. This eliminates option 4.
Option 5 alone is irrelevant since an appraisal of the team’s performance will not be required as a point of consideration during the takeover. Moreover, the passage states that LFC is a successful football club and such an aspect would have been considered far ahead in time and not at the current phase when the proceedings are about to begin.
Hence, the correct answer is option 5.

Decision Making Practice Quiz - 2 - Question 4

Cricket teams of India and England played the historic Natwest final in the year 2006. England captain, Micheal Waughan, won the toss and decided to bat first. Because of the damp wicket, England lost their openers quickly. After that England captain, Micheal Waughan, took charge and scored a brilliant hundred. It was the only century in the innings. He was well supported by rest of the batsmen at the other end. England managed to get a more than respectable total in the match. Indian bowlers were wayward in their line and length and gave away 32 extras.
However they managed to pick all England wickets.
After the England innings, each batsman was asked how many runs he had scored. But each of them gave the sum of runs scored by all the players except himself. Following were the replies given by each of the batsman (In no particular order). 256, 223, 294, 285, 327, 317, 324, 325, 303, 308
The eleventh batsman gave the total number of runs that was equal to one of the above numbers. 

 

 

Q. How many runs did Micheal Waughan score in this innings?    

Detailed Solution for Decision Making Practice Quiz - 2 - Question 4

Solution: Let England's batsmen scored a total of x runs in this inning. Let individual scores be a, b, c, d, e, f, g, h, i,j and k.
Now, each of the English batsmen gave the total runs scored by the 10 batsmen other than himself. x - a = 256, x - b = 223, x - c = 294, x - d = 285, x - e = 327, x - f = 317, x - g = 324, x - h = 325, x - i = 303,  x - j = 308 Adding, 10 x - ( a + b + c + d + e + f + g + h + i + j ) = 2962. So 10x = 2962 + ( a + b + c + d + e + f + g + h + i + j )  Now, for x to be an integer, (a + b + c + d + e + f + g + h + i + j ) has to end with 8. This number would have been given by the 11th batsman who scored k runs and we know that it is out of the 10 numbers given. There is only one number that has 8 in the unit’s place in the given list and that is 308.

10x = 2962 + 308 = 3270 Summation of the runs scored by all English batsman = x = 327
Now, Micheal Waughan scored the only century of the innings, hence, he must be the top scorer of the innings. Runs scored by Micheal Waughan = (Sum of the runs scored by individual players) - (Minimum total in the list) = 327 - 223
= 104  Hence, option 1.

Decision Making Practice Quiz - 2 - Question 5

                                                                                     Group Question

Answer the following question based on the information given below.


There are four trees - lemon, coconut, mango and neem - each at a different corner of a rectangular plot. A well is located at one corner and a cabin at another corner. The lemon and coconut trees are on either side of the gate which is located at the center of the side opposite to the side at whose extremes, the well and the cabin are located. The mango tree is not at the corner where the cabin is located.

 

 

Q. Which of the following pairs can be diagonally opposite to each other in the plot? 

Detailed Solution for Decision Making Practice Quiz - 2 - Question 5

Solution: The lemon tree and coconut tree are on either side of the gate.
Therefore, start by fixing some position for the gate and get the position of the lemon and coconut tree.

The well and the cabin are at either end of the side opposite to the side having the gate.
The mango tree and the cabin are not at the same corner.
The neem tree and the well are not at the same corner.
Thus, two corners of the plot have to be (mango tree, well) and (neem tree, cabin).
Thus, the possible arrangement is as shown below.

From this arrangement and keeping in mind the given options, it is clear that only the neem tree and lemon tree can be opposite each other. Hence, option 1.

Decision Making Practice Quiz - 2 - Question 6

There are four trees - lemon, coconut, mango and neem - each at a different corner of a rectangular plot. A well is located at one corner and a cabin at another corner. The lemon and coconut trees are on either side of the gate which is located at the center of the side opposite to the side at whose extremes, the well and the cabin are located. The mango tree is not at the corner where the cabin is located.

 

 

Q. If the lemon tree is diagonally opposite to the well, then the coconut tree is diagonally opposite to the

Detailed Solution for Decision Making Practice Quiz - 2 - Question 6

Solution: Consider the final arrangement obtained in the solution to the first question.
If the lemon tree is diagonally opposite to the well, then we can have the following two possible arrangements. 

In either case, the coconut tree is diagonally opposite the cabin and the neem tree.
Hence, option 3.

Decision Making Practice Quiz - 2 - Question 7

There are four trees - lemon, coconut, mango and neem - each at a different corner of a rectangular plot. A well is located at one corner and a cabin at another corner. The lemon and coconut trees are on either side of the gate which is located at the center of the side opposite to the side at whose extremes, the well and the cabin are located. The mango tree is not at the corner where the cabin is located.

 

 

Q. If the coconut tree and the neem tree cannot be at adjacent corners of the plot, then which of the following will necessarily have to be at diagonally opposite corners of the plot?

Detailed Solution for Decision Making Practice Quiz - 2 - Question 7

Consider the final arrangement obtained in the solution to the first question.  The coconut and neem trees cannot be at adjacent corners, the following arrangements are possible. 

It can be seen that the lemon tree and well will necessarily have to be at diagonally opposite corners of the plot.
Hence, option 4.

Decision Making Practice Quiz - 2 - Question 8

There are four trees - lemon, coconut, mango and neem - each at a different corner of a rectangular plot. A well is located at one corner and a cabin at another corner. The lemon and coconut trees are on either side of the gate which is located at the center of the side opposite to the side at whose extremes, the well and the cabin are located. The mango tree is not at the corner where the cabin is located.

 

 

Q. Which of the following must be TRUE?

Detailed Solution for Decision Making Practice Quiz - 2 - Question 8

Solution: Consider the final arrangement obtained in the solution to the first question.
The neem tree and well definitely have to be at adjacent corners. Hence, option 3.

Decision Making Practice Quiz - 2 - Question 9

There are four trees - lemon, coconut, mango and neem - each at a different corner of a rectangular plot. A well is located at one corner and a cabin at another corner. The lemon and coconut trees are on either side of the gate which is located at the center of the side opposite to the side at whose extremes, the well and the cabin are located. The mango tree is not at the corner where the cabin is located.

 

 

Q. Which of the following is definitely FALSE?  

Detailed Solution for Decision Making Practice Quiz - 2 - Question 9

Solution: Consider the table obtained in the solution to the first question.
The lemon tree is on the same side of the plot as the gate. Hence, the statement in option 4 is definitely false. Hence, option 4.

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