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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 Series 2024 - IRDAI Assistant Manager Mock Test - 4

IRDAI Assistant Manager Mock Test - 4 for Insurance Exams 2024 is part of IRDAI Assistant Manager Mock Test Series 2024 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 2024 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

How many steps are there in total for the given input?

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

The logic that follows in the above input is that the composite numbers are arranged in increasing order, prime numbers are also arranged in the increasing order. Each number is followed by a word which are arranged in alphabetical order.
First the composite number is taken and then the word is written. Two operations are done in single step.
Input: 37 mike 65 alpha 97 kilo 67 jack 49 star 54 beta
Step 1: 49 alpha 37 mike 65 97 kilo 67 jack star 54 beta
then the smallest prime number is written, followed by the word in the alphabetical order.
This continues till all the words and numbers are arranged.
Step 2: 49 alpha 37 beta mike 65 97 kilo 67 jack star 54
Step 3: 49 alpha 37 beta 54 jack mike 65 97 kilo 67 star
Step 4: 49 alpha 37 beta 54 jack 67 kilo mike 65 97 star
Step 5: 49 alpha 37 beta 54 jack 67 kilo 65 mike 97 sta
Total 5 steps are there for the given input.

IRDAI Assistant Manager Mock Test - 4 - Question 2

Which of the following is the coded as '∞†'?

Detailed Solution for IRDAI Assistant Manager Mock Test - 4 - Question 2

'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

Craft - ∞†

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IRDAI Assistant Manager Mock Test - 4 - Question 3

Statement: U@V, V&W$X, X#Y@Z
Conclusions:
I. X*U
II. W*U
III. W@U

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

The decoded form for the given relation is -
A & B - A ≤ B
A # B - A ≥ B
A @ B - A = B
A $ B - A < B
A * B - A > B
Here we get that conclusion I is true and conclusion II and III are false but W≥U is true. Therefore, either II or III are true. Hence, 'd' is the correct option.
Here we have,
U@V - U=V
V&W$X - V≤W<X
X#Y@Z - X≥Y=Z
Combining we get,
U=V≤W<X≥Y=Z
Conclusions:
I. X*U - X>U (True, as U=V≤W<X)
II. W*U - W>U (False, as U=V≤W)
III. W@U - W=U (False, as U=V≤W)

IRDAI Assistant Manager Mock Test - 4 - Question 4

Who among the following sits opposite to the person who likes Violin?

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

Miku sits opposite to Bhiku, who sits at one of the corners of a table.

The one who likes Drum sits second to the left of Miku.

One of the vacant seats is at corner.

Two vacant seats are not adjacent to each other.

The person who likes Guitar and Chiku sit opposite to each other.

The person who likes Flute sits adjacent to Kiku and the person who likes Guitar.

Thus, Case 1a and Case 2a get cancelled.

Two seats are between the one who likes Tabla and the person who likes Piano.

Riku sits third to the right of the person who likes Piano.

Now, only remaining person is Piku.

Piku does not like Drum.

Thus, Case 2 gets cancelled.

Now, the only remaining instrument is Violin.

Thus, Chiku must like Violin.

This is the final arrangement.

Chiku likes Violin and Piku sits opposite to Chiku.

IRDAI Assistant Manager Mock Test - 4 - Question 5

Which of the following statement is false?

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

F~BD~A ; D # W + V ; M^JB^O

F~BD~A means F is husband of A. B is son of F and D is daughter of A.

M^JB^O means M is wife of O. J is mother-in-law of M and B is father of O.

D # W + V means D is spouse of W and V is son of W.

B is grandfather of V.

This statement is false because B is uncle of V.

IRDAI Assistant Manager Mock Test - 4 - Question 6

The number of boxes placed below Box 3 is the same as the number of boxes placed above ____?

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

· Certain number of the box are placed one above another in a stack.

· Two boxes are placed between Box 1 and Box 4.

· So, there are two possible cases i.e. Case 1 and Case 2.

Case 1:

Case 2:

· Seven boxes are placed between Box 1 and Box 2.

· So, Case 1 and Case 2 will have further two cases i.e. Case 1(a), Case 1(b), Case 2(a) and Case 2(b).

Case 1(a):

Case 1(b):

Case 2(a):

Case 2(b):

· Four boxes are placed between Box 4 and Box 5.

· Box 4 is placed below box 5.

· No more than 16 boxes are placed in the stack.

· So, Case 2(a) and Case 2(b) will be invalid.

Case 1(a):

Case 1(b):

Case 2(a): (invalid)

Case 2(b): (invalid)

· Three boxes are placed between Box 5 and box 3.

· No box is placed above Box 3.

· So, Case 1(b) will be invalid.

Case 1(a):

Case 1(b): (invalid)

Finally, we get,

The number of boxes placed below Box 3 is the same as the number of boxes placed above Box 2.

IRDAI Assistant Manager Mock Test - 4 - Question 7

How many numbers of people are living between P8 and P2?

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

· There are eight people P1, P2, P3, P4, P5, P6, P7, and P8 living in an eight-story building, where the ground floor is numbered as floor 1 and the topmost floor is numbered floor 8.

· P7 lives on one of the floors above Floor 6.

· Two people are living between P7 and P8.

· So, there are two possible cases i.e., Case 1 and Case 2.

Case 1:

Case 2:

· P6 lives immediately below P8 and the difference between the number of visitors of P8 and P6 is 3 visitors.

So, The only chance is 48 - 45 =3

· The difference between the number of visitors of P7 and P8 is 8 visitors.

So, might be a chance P7 is 40/56

· P2 lives on floor 2 and has 36 visitors.

Case 1:

Case 2:

· P5 lives immediately above P1 and the difference between the visitor of P1 and P5 is 14 visitors.

· P1 has 4 visitors more than P2.

i.e., P2 is 36.

So, P1 =36 + 4 = 40 and P7 is 56

Case 1:

Case 2:

· P3 lives above P4 and the difference between the visitors of P3 and P4 are 40 visitors.

· P4 has less number of visitors than P2.

· P7 has more number of visitors than P5

Case 1:

Case 2:

· P3 does not live on the floor above floor 6

· So, Case 1 will be invalid

Case 2:

Finally, we get,


Two people are living between P8 and P2.

IRDAI Assistant Manager Mock Test - 4 - Question 8

Who among the following lives on floor 7 and what is the number of visitors visiting on that floor?

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

· There are eight people P1, P2, P3, P4, P5, P6, P7, and P8 living in an eight-story building, where the ground floor is numbered as floor 1 and the topmost floor is numbered floor 8.

· P7 lives on one of the floors above Floor 6.

· Two people are living between P7 and P8.

· So, there are two possible cases i.e., Case 1 and Case 2.

Case 1:

Case 2:

· P6 lives immediately below P8 and the difference between the number of visitors of P8 and P6 is 3 visitors.

So, The only chance is 48 - 45 =3

· The difference between the number of visitors of P7 and P8 is 8 visitors.

So, might be a chance P7 is 40/56

· P2 lives on floor 2 and has 36 visitors.

Case 1:

Case 2:

· P5 lives immediately above P1 and the difference between the visitor of P1 and P5 is 14 visitors.

· P1 has 4 visitors more than P2.

i.e., P2 is 36.

So, P1 =36 + 4 = 40 and P7 is 56

Case 1:

Case 2:

· P3 lives above P4 and the difference between the visitors of P3 and P4 are 40 visitors.|
· P4 has less number of visitors than P2.|
· P7 has more number of visitors than P5
Case 1:

Case 2:

· P3 does not live on the floor above floor 6

· So, Case 1 will be invalid

Case 2:

Finally, we get,


P5 lives on floor 7 and the number of visitors visiting on floor 7 are 54 visitors.

IRDAI Assistant Manager Mock Test - 4 - Question 9

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. You need to see which of the sentences has/have correctly used the highlighted word, and mark that as your answer.
Jaded
I. The long trip on road became jaded after a certain point in time and we had to halt for some time and then continue our travel.
II. The person on whom the paint bucket fell, got his vision jaded and could not see things clearly.
III. The jaded room resembled as if a cat was let into it, with the objects in the room scattered here and there.

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

The word 'jaded' means 'bored or lacking enthusiasm, typically after having had too much of a thing or an event'; 'physically tired; exhausted'.
In sentence I, the word 'jaded' is used to describe the quality of the journey and it qualifies the noun 'journey'. Its usage in this sentence is correct.
In sentence II, the word 'jaded' is used to describe the inability of a person to see clearly, which is in fact not the meaning of the word 'jaded'. Thus, the use of 'jaded' in this sentence is incorrect. The appropriate word to be used in the sentence is 'blurred' (unable to see or be seen clearly).
In sentence III, the word 'jaded' is used to describe the quality of a scattered room which is not the meaning of the given word. Thus, this sentence incorrectly uses the word 'jaded'. The word to be used in the sentence is 'unclean' or 'disorganized'.
Hence, the correct answer is option (a).
Note:
Qualifiers: A word or phrase that limits the meaning of another word or phrase or makes it less general. 'Adverbs' and 'adjectives' are qualifiers.

IRDAI Assistant Manager Mock Test - 4 - Question 10

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.

It seemed as if someone had _______ a stick into a hive of bees, causing them to _________ out to explore what was going on.

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

'Poked' means to push a finger or other pointed object quickly into someone or something.

'Thrust' means to push suddenly and strongly.

'Lauded' means to praise.

'Bragged' means to speak too proudly about what you have done or what you own.

As per the meanings, only 'poked' and 'thrust' fit in the first blank, giving the meaning that someone had pushed a stick into a hive. This is contextually and grammatically correct.

So, options a), d) and e) are incorrect. They render the sentence incorrect.

'Swarm out' means to move out (of some place or thing) very quickly and in great numbers.

'Stand out' means persist in opposition or support of something.

'The bees moved out quickly and in great numbers' fits the context of the sentence.

Hence, option b) is correct.

IRDAI Assistant Manager Mock Test - 4 - Question 11

What is/are the positive side(s) of Human cloning?

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

"Human cloning would create the opportunity for an infertile couple to experience the joys of having a family without enduring the painful infertility procedures". The passage mentions the possibility of creating a family for infertile couples through Human cloning. It is the only advantage of Human cloning discussed in the passage. Hence, option (d) is the correct answer.

Human cloning cannot solve the infertility issue of couples as cloning is not introduced as a cure for a disease.

IRDAI Assistant Manager Mock Test - 4 - Question 12

According to the passage, which of the following is the synonym of the word 'enduring'?

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

The word 'enduring' is a verb/adjective meaning suffer (something painful or difficult) patiently. Among the options, 'experiencing' is the aptest synonym of the given word. Hence, option (a) is the correct answer.

Conceding - Admit or agree that something is true after first denying or resisting it.

Begging - Ask someone earnestly or humbly for something.

Abandoning - Cease to support or look after (someone); desert.

Repudiating - Refuse to accept; reject.

IRDAI Assistant Manager Mock Test - 4 - Question 13

Which of the following represents the statement that immediately succeeds B in the correct arrangement?

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

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 sentence F should be the one to immediately succeed B. Answer is option (e).

IRDAI Assistant Manager Mock Test - 4 - Question 14

A basic service demat account, or BSDA, is a more basic version of a regular demat account for BSDA. In June 2024, Capital markets regulator the Securities and Exchange Board of India (SEBI) proposed to enhance the threshold for the basic service demat account (BSDA) to Rs. 10 lakh from the current Rs 2 lakh in a bid to boost the participation of retail investors in the securities market. When was BSDA facility introduced by SEBI?

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

Capital markets regulator Sebi proposed to enhance the threshold for the basic service demat account (BSDA) to Rs 10 lakh from the current Rs 2 lakh in a bid to boost the participation of retail investors in the securities market. A basic service demat account, or BSDA, is a more basic version of a regular demat account for BSDA. The facility was introduced by Sebi in 2012 for reducing the burden of demat charges on investors with small portfolios. At present, an individual can hold debt securities worth up to Rs 2 lakh and other than debt securities worth up to Rs 2 lakh in a single demat account to be eligible for BSDA. It has proposed to review the maximum annual maintenance charges. The Basic Services Demat Account (BSDA) was introduced by SEBI in 2012. The idea was to reduce the burden of demat charges on investors with a small portfolios below a threshold of Rs2 lakhs.

IRDAI Assistant Manager Mock Test - 4 - Question 15

What is the name of the online platform launched in July 2024 by the World Health Organization (WHO) to provide global access to information on medical devices and offers detailed information on 2,301 types of medical devices, supporting a range of health issues and simplifying device selection and procurement processes?

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

The World Health Organization (WHO) has introduced an online platform called MeDevIS (Medical Devices Information System), the first global open access clearinghouse for information on medical devices. MeDevIS offers detailed information on 2,301 types of medical devices, supporting a range of health issues and simplifying device selection and procurement processes. The platform references international naming systems EMDN and GMDN, facilitating global regulatory approval and improving device tracking and pricing. It is designed to support governments, regulators and users in their decision-making on selection, procurement and use of medical devices for diagnostics, testing and treatment of diseases and health conditions.

IRDAI Assistant Manager Mock Test - 4 - Question 16

In a significant stride towards preserving India's rich textile heritage in May 2024, the Office of the Controller General of Patents, Designs, and Trademarks (CGPDTM) has bestowed the Geographical Indication (GI) certificate upon Ajrakh. It belongs to which state?

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

In a significant stride towards preserving India's rich textile heritage, the Office of the Controller General of Patents, Designs, and Trademarks (CGPDTM) has bestowed the Geographical Indication (GI) certificate upon the traditional artisans of 'Kutch Ajrakh,' hailing from the vibrant region of Kutch in Gujarat. Hand block painting or Ajrakh is an age-old tradition practiced in Ajrakhpur, a village in the Kutch district of Gujarat. The 100-odd families of the village take part in a laborious process that takes up to three weeks to complete. Textiles are treated with vegetable and mineral colours and the fabric goes through a washing cycle about eight times.

IRDAI Assistant Manager Mock Test - 4 - Question 17

In August 2024, Which among the following becomes the first Indian state to implement disaster management insurance through the Disaster Risk Transfer Parametric Insurance Solution (DRTPS), aiming to protect critical infrastructure and reduce economic losses due to disasters with SBI General Insurance ?

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

CM Neiphiu Rio said his govt and SBI General Insurance inked an MoU for DRTPS, making Nagaland the first state in the country to implement a disaster risk management insurance solution. Disaster Risk Transfer Parametric Insurance Solution (DRTPS) will aid in protecting the state's critical infrastructure and reduce economic losses due to a disaster, the CM said. The MoU was signed for three years with immediate effect. The MoU was signed between the officials of SBI General Insurance and the Nagaland State Disaster Management Authority (NSDMA) at the CMO here. The insurance covers the entire Nagaland, the CM said, adding that the government will pay the insurance premium, And if a disaster happens, the insurer will come to the rescue for three years from 2024-2027. DRTPS is especially relevant in the context of an increase in extreme weather occurrences caused by climatic change, the NSDMA said. The vision of the scheme is to provide financially resilient and safe livelihoods for sustainable development.

IRDAI Assistant Manager Mock Test - 4 - Question 18

In July 2024, Union Minister for Environment, Forest and Climate Change, Shri Bhupender Yadav launched ______________________________ for inviting ideas related to products and services, that induce behavioral changes related to environment-friendly lifestyles in the presence of Minister of State for Environment,Forest and Climate Change,Shri Kirti Vardhan Singh at Indian Institute of Technology Delhi.

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

Union Minister for Environment, Forest and Climate Change,Shri Bhupender Yadav launched Ideas4LiFE for inviting ideas related to products and services, that induce behavioral changes related to environment-friendly lifestyles in the presence of Minister of State for Environment,Forest and Climate Change,Shri Kirti Vardhan Singh at Indian Institute of Technology Delhi. Shri Yadav called upon the fraternity of students, research scholars, faculty, and innovators to come up with innovative and out of box ideas, which will work towards fulfillment of the vision of the Hon'ble Prime Minister for mindful and deliberate utilization of resources.The portal 'Ideas4Life.nic.in' will allow participants to submit their ideas and innovations online.

IRDAI Assistant Manager Mock Test - 4 - Question 19

The United Nations General Assembly proclaimed__________________ as the International Day of Combating Sand and Dust Storms For Recognizing that sand and dust storms and their negative impacts at different scales are issues of international concern.

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

Recognizing that sand and dust storms and their negative impacts at different scales are issues of international concern, the United Nations General Assembly proclaimed 12 July as the International Day of Combating Sand and Dust Storms. At least 25 % of global dust emissions originate from human activities, and in some areas, desert dust has doubled in the 20th century.

IRDAI Assistant Manager Mock Test - 4 - Question 20

In September 2024, which of the following corporate entities was awarded the prestigious CII-GBC National Energy Leader Award for the sixth consecutive year, along with the "Excellent Energy Efficient Unit Award" for the eighth consecutive year, recognizing its outstanding commitment to energy efficiency, carbon footprint reduction, and adoption of innovative technologies?

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

Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant has once again set a remarkable benchmark in energy efficiency and conservation, by bagging the prestigious National Energy Leader Award from the Confederation of Indian Industry ' Green Business Centre (CII-GBC). This is the sixth consecutive year that RINL has received this accolade, underlining the company's unwavering commitment to sustainable energy practices. RINL has also achieved the 'Excellent Energy Efficient Unit Award for an impressive eighth consecutive year.' Receiving the National Energy Leader Award for six consecutive years is a rare and distinguished achievement. It is a testament to RINL collective's forward-thinking approach to energy management, setting the standard for excellence within the industry and reflect RINL's focus on enhancing energy efficiency, reducing carbon footprints, and embracing innovative technologies.

IRDAI Assistant Manager Mock Test - 4 - Question 21

In each of the following questions, two equations I and II are given. Solve both the equations carefully and choose the correct option.
I. x + 7 = -12/x
II. y2 + 9y + 20 = 0

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

From I: x + 7 = -12/x

x2 + 7x + 12 = 0

x2 + 4x + 3x + 12 = 0

(x + 4)(x + 3) = 0

x = -4, -3

From II: y2 + 9y + 20 = 0

y2 + 4y + 5y + 20 = 0

(y + 4)(y + 5) = 0

y = -4, -5

Hence, x ≥ y

IRDAI Assistant Manager Mock Test - 4 - Question 22

Nayana invested money in three different schemes X, Y and Z for one year. Interest on X, Y and Z schemes are 15 %, 14 % and 21% respectively. The sum of interest is Rs.3620. Money invested in three different schemes are in arithmetic progression. Find difference of money invested in scheme X and money invested in scheme Z if the sum of money invested in all three schemes is Rs.21000.

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

Money invested in scheme X = Rs. A

Money invested in scheme Y = Rs. B

Money invested in scheme Z = Rs. C

Sum of interest on A, B and C = Rs.3620

(15/100) *A + (14/100) *B + (21/100) *C = 3620

A + B + C = 21000

As A, B and C are in Arithmetic progression

2B = A + C

3B = 21000

B = Rs.7000

(15/100) *A + (14/100) *B + (21/100) *C = 3620

15 A + 14*7000 + 21C = 362000

15A + 21C = 362000 - 98000

15A + 21C = 264000.........1

A + C = 14000

15 A + 15C = 210000.........2

From equation 1 and 2

6C = 54000

C = Rs.9000

A = Rs.5000

Difference of money invested in scheme X and money invested in scheme Z = 9000-5000 = Rs.4000

IRDAI Assistant Manager Mock Test - 4 - Question 23

In the following question, a number series is given in which one term is wrong. Find out the wrong term.

299, 178, 97, 44, 23, 14 ,13

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

Logic for the given series:

299 - 112 = 78

178 - 92 = 97

97 - 72 = 48

48 - 52 = 23

23 - 32 = 14

14 - 12 = 13

Hence, wrong term = 44

IRDAI Assistant Manager Mock Test - 4 - Question 24

Jiay, Kiran and Himani together took a project and take (180/7) days to complete the project and they were paid Rs. 35000 for it. If Kiran and Himani together can complete the same project in 36 days and Jiay is 100% more efficient than Himani, then what is the share of Kiran?

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

Jiay alone can complete the whole work in = 1/(7/180 - 1/36) = 90 days

Himani alone can complete the whole work in = 90 * 2/1 = 180 days

And Kiran alone can complete the whole work in = 1/(1/36 - 1/180) = 45 days

so, ratio of efficiency of Jiah, Kiran and Himani = 1/90: 1/45: 1/180 = 2: 4: 1

Hence, share of Kiran = 4/7 * 35000 = Rs. 20000

IRDAI Assistant Manager Mock Test - 4 - Question 25

In a factory, there are 300 workers of three levels (L1, L2 and L3) and factory owner distributed Rs. 35250 among all workers. The ratio of total amount of money got by all L1, all L2 and all L3 workers is 12: 20: 15 respectively and the ratio of amount of money got by each L1, each L2 and each L3 worker are 6: 4: 5. How many L2 worker are there in the factory?

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

Let all L1, all L2 and all L3 workers got Rs. 12x, Rs. 20x and Rs. 15x respectively

Let each L1, each L2 and each L3 worker got Rs. 6y, Rs. 4y and Rs. 5y respectively

So, 12x + 20x + 15x = 35250

=> 47x = 35250

=> x = 750

So, all L1 get = Rs. 12 * 750 = Rs. 9000

All L2 get = Rs. 20 * 750 = Rs. 15000

And, all L3 get = Rs. 15 * 750 = Rs. 11250

Number of L1 worker = 9000/6y

Number of L2 worker = 15000/4y

Number of L3 worker = 11250/5y

So, 9000/6y + 15000/4y + 11250/5y = 300

=> y = 25

Number of L2 worker = 15000/4y = 15000/(4 * 25) = 150

IRDAI Assistant Manager Mock Test - 4 - Question 26

A started a software business by investing some amount. After 15 months, B joined him with an investment equal to 120% of investment of A. After 2(1/2) years, they received profit of Rs.16000. What is the share of B in profit?

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

Let investment of A = a

B's investment = 120% of a = 6a/5

A's period of investment = (5/2) x 12 = 30 months

B's period of investment = (5/2) x 12 - 15 = 15 months

Profit ratio, A: B = a x 30: (6a/5) x 15 = 5: 3

Total profit = 16000

Share of B in profit = 16000 x 3/8 = Rs.6000

IRDAI Assistant Manager Mock Test - 4 - Question 27

Each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question:

Mixture A which contains petrol and kerosene in the ratio 2: 1 is mixed with another mixture B of petrol and kerosene. Find the profit percent earned after selling the final mixture at the cost of petrol. Ratio of price of petrol to kerosene is 5: 3.

Statement I: Ratio of petrol to kerosene in mixture B is 1: 2 and mixture A and B are mixed in the ratio of 3: 1.

Statement II: Ratio of petrol to kerosene in final mixture becomes 7: 5.

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

Part of petrol in mixture A = 2/3

From I:

Part of petrol in mixture B = 1/3

Let part of petrol in final mixture = C

By the rule of alligation:

[(1/3) - C]: [C - (2/3)] = 3: 1

(1/3) - C = 3C - 2

4C = 2 + (1/3) = 7/3

C = 7/12

Ratio of petrol to kerosene in final mixture = 7: (12 - 7) = 7: 5

Cost price of final mixture = 7 * 5 + 5 * 3 = 35 + 15 = 50

Selling price of final mixture = (7 + 5) * 5 = 60

Profit percent = [(60 - 50)/50] * 100

= 20%

Statement I alone is sufficient.

From II:

Ratio of petrol to kerosene in final mixture = 7: 5

Cost price of final mixture = 7 * 5 + 5 * 3 = 35 + 15 = 50

Selling price of final mixture = (7 + 5) * 5 = 60

Profit percent = [(60 - 50)/50] * 100

= 20%

Statement II alone is sufficient.

IRDAI Assistant Manager Mock Test - 4 - Question 28

In the following question, a number series is given in which one term is wrong. Find out the wrong term.

6, 12, 30, 84, 243, 732

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

Logic for the given series-

31+3 = 6,

32+3 = 12,

33+3 = 30,

34+3 = 84,

35+3 = 246,

36+3 = 732.

Hence, wrong term = 243.

IRDAI Assistant Manager Mock Test - 4 - Question 29

In the following questions two equations numbered I and II are given. You have to solve both the equations and choose the correct option.

I. x2 +3x -180 = 0

II. y2 -24y +144 = 0

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

From equation I:

x2 +3x -180 = (x -12)(x + 15)= 0

=> x = 12, -15

From equation II:

y2 -24y +144 = (y -12)(y -12) = 0

=> y = 12, 12

So, x ≤ y

IRDAI Assistant Manager Mock Test - 4 - Question 30

In following question, two quantities numbered I and II are given. Calculate values of both quantities and choose the correct option.

There are 4 men and some women in a group.

Quantity I: The number of women, if the probability of randomly picking up a man is 2/5

Quantity II: The number of women, if the probability of randomly picking up a woman is 2/3

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

Let there be 'x' women in the group.

Quantity I:

4/(4 + x) = 2/5

=> 8 + 2x = 20

=> x = 6

Quantity II:

x/(4 + x) = 2/3

=> 8 + 2x = 3x

=> x = 8

Quantity I < Quantity II

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