PFRDA Assistant Manager Phase 1 Mock Test - 3 (Paper 1) - Insurance Exams MCQ
30 Questions MCQ Test - PFRDA Assistant Manager Phase 1 Mock Test - 3 (Paper 1)
Direction: Read the following passage carefully and answer the questions that follow.
India’s e-commerce sector, poised to grow four times to $150 billion by 2022, is still a work in progress when it comes to safeguarding customer interest. Consumers are still compelled to take wild chances in online transactions. There is little they can do if their calls go wrong. Returns and reimbursements are risky and cumbersome. There are no authentic ways to figure out if product reviews, ratings or even discounts are genuine. So, it is heartening to see the government coming up with a set of guidelines to protect interests of consumers. The guidelines released last week by the Consumer Affairs Ministry in this regard emphasise that an e-commerce entity shall not influence the price of the goods or services, adopt any unfair or deceptive methods to influence transactional decisions of consumers or falsely represent themselves as consumers and post reviews about goods and services. The guidelines on returns and refunds favour consumers. The message seems simple: If online companies want to dupe consumers to earn extra bucks, they’re in trouble.
Clearly, the Ministry’s thinking seems to be in line with the way the Centre’s approach to regulating the fast-growing e-commerce sector. It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation and investment, without discriminating against a particular class of investors. Now marketplace entities won’t be able to buy more than 25 per cent from a single vendor, give discounts on products or sell the goods of the companies in which there is equity participation by the marketplace entity. The changes had irked foreign e-tailers who felt the rules would _____ (A) _____ their business models and could cost them time and money. But anecdotal evidence does not entirely seem to bear that out.
The DPIIT is also framing an e-commerce policy and, like the Consumer Affairs Ministry, has put up the draft for comments. The draft talks about the country retaining ownership and control of data generated within the country, rigorous monitoring of cross-border imports, placing the responsibility of consumer protection on the intermediary and addressing the issue of piracy. That said, the element of indecision over data localisation requirements is still a worry. Attempts made by both the DPIIT and the MeitY in the e-commerce policy and the data protection policy, respectively, to make a case for storage of personal data locally (along with the RBI in the case of payment systems) have predictably resulted in a lot of protests from the EU and US entities. While the Centre is certainly on a sound wicket here, it should take a call soon — without succumbing to the recent tendency to over-regulate business.
Q. Which among the following should be placed in the blank (A) in order to make the sentence meaningful?
Direction: In each of the questions given below, a paragraph is given which has some blanks and those blanks have to be filled with the same word out of five words given below it. You have to choose that same word as your answer and fill up the blanks with that appropriate word.
It is very important to ____________ to rules and regulations in life if you want to achieve something. If you are a person who hates discipline and cannot ____________ to any stupid set of norms, you should definitely opt for startup stints. There you will not have to ____________ anything fixed and you can only focus on your performance.
Direction: Read the following passage carefully and answer the questions that follow.
India’s e-commerce sector, poised to grow four times to $150 billion by 2022, is still a work in progress when it comes to safeguarding customer interest. Consumers are still compelled to take wild chances in online transactions. There is little they can do if their calls go wrong. Returns and reimbursements are risky and cumbersome. There are no authentic ways to figure out if product reviews, ratings or even discounts are genuine. So, it is heartening to see the government coming up with a set of guidelines to protect interests of consumers. The guidelines released last week by the Consumer Affairs Ministry in this regard emphasise that an e-commerce entity shall not influence the price of the goods or services, adopt any unfair or deceptive methods to influence transactional decisions of consumers or falsely represent themselves as consumers and post reviews about goods and services. The guidelines on returns and refunds favour consumers. The message seems simple: If online companies want to dupe consumers to earn extra bucks, they’re in trouble.
Clearly, the Ministry’s thinking seems to be in line with the way the Centre’s approach to regulating the fast-growing e-commerce sector. It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation and investment, without discriminating against a particular class of investors. Now marketplace entities won’t be able to buy more than 25 per cent from a single vendor, give discounts on products or sell the goods of the companies in which there is equity participation by the marketplace entity. The changes had irked foreign e-tailers who felt the rules would _____ (A) _____ their business models and could cost them time and money. But anecdotal evidence does not entirely seem to bear that out.
The DPIIT is also framing an e-commerce policy and, like the Consumer Affairs Ministry, has put up the draft for comments. The draft talks about the country retaining ownership and control of data generated within the country, rigorous monitoring of cross-border imports, placing the responsibility of consumer protection on the intermediary and addressing the issue of piracy. That said, the element of indecision over data localisation requirements is still a worry. Attempts made by both the DPIIT and the MeitY in the e-commerce policy and the data protection policy, respectively, to make a case for storage of personal data locally (along with the RBI in the case of payment systems) have predictably resulted in a lot of protests from the EU and US entities. While the Centre is certainly on a sound wicket here, it should take a call soon — without succumbing to the recent tendency to over-regulate business.
Q. Which among the following can be inferred from the sentence – “It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation and investment, without discriminating against a particular class of investors”?
Direction: Read the following passage carefully and answer the questions that follow.
India’s e-commerce sector, poised to grow four times to $150 billion by 2022, is still a work in progress when it comes to safeguarding customer interest. Consumers are still compelled to take wild chances in online transactions. There is little they can do if their calls go wrong. Returns and reimbursements are risky and cumbersome. There are no authentic ways to figure out if product reviews, ratings or even discounts are genuine. So, it is heartening to see the government coming up with a set of guidelines to protect interests of consumers. The guidelines released last week by the Consumer Affairs Ministry in this regard emphasise that an e-commerce entity shall not influence the price of the goods or services, adopt any unfair or deceptive methods to influence transactional decisions of consumers or falsely represent themselves as consumers and post reviews about goods and services. The guidelines on returns and refunds favour consumers. The message seems simple: If online companies want to dupe consumers to earn extra bucks, they’re in trouble.
Clearly, the Ministry’s thinking seems to be in line with the way the Centre’s approach to regulating the fast-growing e-commerce sector. It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation and investment, without discriminating against a particular class of investors. Now marketplace entities won’t be able to buy more than 25 per cent from a single vendor, give discounts on products or sell the goods of the companies in which there is equity participation by the marketplace entity. The changes had irked foreign e-tailers who felt the rules would _____ (A) _____ their business models and could cost them time and money. But anecdotal evidence does not entirely seem to bear that out.
The DPIIT is also framing an e-commerce policy and, like the Consumer Affairs Ministry, has put up the draft for comments. The draft talks about the country retaining ownership and control of data generated within the country, rigorous monitoring of cross-border imports, placing the responsibility of consumer protection on the intermediary and addressing the issue of piracy. That said, the element of indecision over data localisation requirements is still a worry. Attempts made by both the DPIIT and the MeitY in the e-commerce policy and the data protection policy, respectively, to make a case for storage of personal data locally (along with the RBI in the case of payment systems) have predictably resulted in a lot of protests from the EU and US entities. While the Centre is certainly on a sound wicket here, it should take a call soon — without succumbing to the recent tendency to over-regulate business.
Q. Which among the following is correct regarding the opinion of the government on the storage of data, as stated in the passage?
Direction: Read the following passage carefully and answer the questions that follow.
India’s e-commerce sector, poised to grow four times to $150 billion by 2022, is still a work in progress when it comes to safeguarding customer interest. Consumers are still compelled to take wild chances in online transactions. There is little they can do if their calls go wrong. Returns and reimbursements are risky and cumbersome. There are no authentic ways to figure out if product reviews, ratings or even discounts are genuine. So, it is heartening to see the government coming up with a set of guidelines to protect interests of consumers. The guidelines released last week by the Consumer Affairs Ministry in this regard emphasise that an e-commerce entity shall not influence the price of the goods or services, adopt any unfair or deceptive methods to influence transactional decisions of consumers or falsely represent themselves as consumers and post reviews about goods and services. The guidelines on returns and refunds favour consumers. The message seems simple: If online companies want to dupe consumers to earn extra bucks, they’re in trouble.
Clearly, the Ministry’s thinking seems to be in line with the way the Centre’s approach to regulating the fast-growing e-commerce sector. It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation and investment, without discriminating against a particular class of investors. Now marketplace entities won’t be able to buy more than 25 per cent from a single vendor, give discounts on products or sell the goods of the companies in which there is equity participation by the marketplace entity. The changes had irked foreign e-tailers who felt the rules would _____ (A) _____ their business models and could cost them time and money. But anecdotal evidence does not entirely seem to bear that out.
The DPIIT is also framing an e-commerce policy and, like the Consumer Affairs Ministry, has put up the draft for comments. The draft talks about the country retaining ownership and control of data generated within the country, rigorous monitoring of cross-border imports, placing the responsibility of consumer protection on the intermediary and addressing the issue of piracy. That said, the element of indecision over data localisation requirements is still a worry. Attempts made by both the DPIIT and the MeitY in the e-commerce policy and the data protection policy, respectively, to make a case for storage of personal data locally (along with the RBI in the case of payment systems) have predictably resulted in a lot of protests from the EU and US entities. While the Centre is certainly on a sound wicket here, it should take a call soon — without succumbing to the recent tendency to over-regulate business.
Q. Which among the following is/are the problem(s) faced by the e-commerce customers in India these days, as stated in the passage?
I. They do not get the money back easily in case they have to return the products delivered to them.
II. They have no credible information regarding the products and the feedback regarding them available to them.
III. They have to pay extra to ship the products directly to their homes as they do not need to come out for shopping.
Direction: Read the following passage carefully and answer the questions that follow.
India’s e-commerce sector, poised to grow four times to $150 billion by 2022, is still a work in progress when it comes to safeguarding customer interest. Consumers are still compelled to take wild chances in online transactions. There is little they can do if their calls go wrong. Returns and reimbursements are risky and cumbersome. There are no authentic ways to figure out if product reviews, ratings or even discounts are genuine. So, it is heartening to see the government coming up with a set of guidelines to protect interests of consumers. The guidelines released last week by the Consumer Affairs Ministry in this regard emphasise that an e-commerce entity shall not influence the price of the goods or services, adopt any unfair or deceptive methods to influence transactional decisions of consumers or falsely represent themselves as consumers and post reviews about goods and services. The guidelines on returns and refunds favour consumers. The message seems simple: If online companies want to dupe consumers to earn extra bucks, they’re in trouble.
Clearly, the Ministry’s thinking seems to be in line with the way the Centre’s approach to regulating the fast-growing e-commerce sector. It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation and investment, without discriminating against a particular class of investors. Now marketplace entities won’t be able to buy more than 25 per cent from a single vendor, give discounts on products or sell the goods of the companies in which there is equity participation by the marketplace entity. The changes had irked foreign e-tailers who felt the rules would _____ (A) _____ their business models and could cost them time and money. But anecdotal evidence does not entirely seem to bear that out.
The DPIIT is also framing an e-commerce policy and, like the Consumer Affairs Ministry, has put up the draft for comments. The draft talks about the country retaining ownership and control of data generated within the country, rigorous monitoring of cross-border imports, placing the responsibility of consumer protection on the intermediary and addressing the issue of piracy. That said, the element of indecision over data localisation requirements is still a worry. Attempts made by both the DPIIT and the MeitY in the e-commerce policy and the data protection policy, respectively, to make a case for storage of personal data locally (along with the RBI in the case of payment systems) have predictably resulted in a lot of protests from the EU and US entities. While the Centre is certainly on a sound wicket here, it should take a call soon — without succumbing to the recent tendency to over-regulate business.
Q. Which among the following is correct regarding the prospect of e-commerce sector in India?
Directions: In the question given below there are two statements, each statement consists of two blanks. You have to choose the option which provides the correct set of words that fits both the blanks in both the statements appropriately and in the same order making them meaningful and grammatically correct.
I. India is a ________ after destination for medical tourism, but in the area of early screening and intervention it is still ________ behind, and early developmental screening is more the exception than the rule.
II. The minister interacted with the local residents and ________ their feedback on the developmental policies as he wanted to know why the district, which was a knowledge hub earlier, was presently ________ in crucial indicators of development.
Direction: In the questions given below a sentence is given with two blanks in each. Corresponding to each question two columns are given with three words in each column. Which combination of words from the two columns will perfectly fit into the blanks to make the sentence contextually correct and meaningful?
Taking a cue from these complaints, the National Human Rights Commission had ____________ a draft of patients’ rights charter with the Ministry and it was ____________ at the 11th meeting of the National Council of Clinical Establishments.
Choose appropriate option for blank F.
Choose appropriate option for blank G.
Choose appropriate option for blank H.
Choose appropriate option for blank I.
Choose appropriate option for blank J.
Directions: Rearrange the following six sentences A, B, C, D, E and F in the proper sequence to form a meaningful paragraph and then answer the question given beside.
A. Broadly, it is a central body of knowledge.
B. Mechanical engineering got consolidated as a profession for designing, building, and managing machinery.
C. Some key technologies of this revolution are AI and ML, Robots etc.
D. Mechanical engineering will be made much more interdisciplinary with these.
E. These fragments are more evolved in the ongoing industrial revolution.
F. It includes materials, mechanics, thermodynamics, fluid mechanics, and manufacturing.
Which of the following sentences will be the fifth sentence after rearrangement?
Directions: The sentence given below has been divided into four parts and these parts have been jumbled up. You must choose the option which gives the correct sequence of the parts.
masks and visors, (A) / other than mandatory pre-travel tests, (B) / empty to minimize on-board contact (C) / several airlines keep their middle seats (D)
Directions: In the question given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the correct order. You have to find the correct order of arrangement from the options given below.
She and her husband bought a helicopter (A) / staffed with uniformed servants (B) / in order to commute between their opulent Connecticut (C) / manor and an apartment on Central Park West. (D)
Direction: In the paragraph below there are five sentences. In each sentence there are pairs of highlighted in underline words (A, B). Select the most appropriate words to form correct sentences. Then from the options given select the correct option.
Rewari’s Civil Hospital is a drab; double-storey structure that A) carries B) caters to roughly 15 lakh people living in and around the district. Sitting on a wooden bench in the hospital premises, in a small park A) utilized B) littered with plastic cups, cigarette butts and polythene bags, is a frail man, mostly unnoticed by the crowd of visitors hurrying past him. In his late forties, he is a A) meagerly B) genuinely paid Physical Training Instructor at a local school. He A) augments B) moderates his modest income by training kabaddi students in his village. He fought against all odds, including the A) determined B) violently patriarchal mindset entrenched in Haryana’s culture, to fulfil the aspirations of his teenage daughter, a Central Board of Secondary Education (CBSE) topper in Haryana.
Directions: In each of the questions below, a sentence is given with one word highlighted in underline. From the given options, identify the sentence which expresses a meaning opposite to the given sentence, with the highlighted word replaced by a word of the opposite meaning.
A more robust approach in addressing the widening CAD would be to institute wideranging measures to boost exports.
Either Nemmu or Mennu / are in the wrong; / both can / certainly never be.
Find out whether there is any grammatical error in below sentence.
Supposing if / it rains / what shall / we do?
Speed of boat X in still water and of boat Y in still water is in ratio of 6:5 respectively. Boat X can travel 924 km downstream in 16.5 hours and boat B travels 896 km upstream in 28 hours. Find the difference of upstream distance travelled by boat X in 24 hours and boat Y downstream in same time. Both boats travelled in the same stream.
Two vessels contain mixtures of spirit and water. In the first vessel, the ratio of spirit to water is 8 : 3 and in the second, the ratio is 5 : 1. A 35 litre cask is filled from these vessels, so as to contain a mixture of spirit to water in the ratio of 4 : 1. How much mixture is taken from the first vessel?
Read the following information carefully and answer the questions based on it.
The following given table gives partial information about the number of students studying in five different universities – U1, U2, U3, U4 and U5 belongs to four different states – Delhi, Assam, Tripura and Bangalore. Detailsof % of students belongs to Delhi out of total number of students in a particular university, % of students belongs to Assam out of total non – Delhi students, ratio of number of students belongs to Tripura and Bangalore and difference between number of students belong to Delhi and Bangalore are given below. Number of students who belongs to Delhi is more than the number of students belongs to Bangalore for universities U1, U3 and U5 and for rest universities this statement is not true.
A mixture of milk and water of 88 litres in the ratio of P4:P3 respectively. Find the amount of milk?
(e )None of these
Read the following information carefully and answer the questions based on it.
The following given table gives partial information about the number of students studying in five different universities – U1, U2, U3, U4 and U5 belongs to four different states – Delhi, Assam, Tripura and Bangalore. Detailsof % of students belongs to Delhi out of total number of students in a particular university, % of students belongs to Assam out of total non – Delhi students, ratio of number of students belongs to Tripura and Bangalore and difference between number of students belong to Delhi and Bangalore are given below. Number of students who belongs to Delhi is more than the number of students belongs to Bangalore for universities U1, U3 and U5 and for rest universities this statement is not true.
Find the value of P5?
Read the following information carefully and answer the questions based on it.
The following given table gives partial information about the number of students studying in five different universities – U1, U2, U3, U4 and U5 belongs to four different states – Delhi, Assam, Tripura and Bangalore. Details of % of students belongs to Delhi out of total number of students in a particular university, % of students belongs to Assam out of total non – Delhi students, ratio of number of students belongs to Tripura and Bangalore and difference between number of students belong to Delhi and Bangalore are given below. Number of students who belongs to Delhi is more than the number of students belongs to Bangalore for universities U1, U3 and U5 and for rest universities this statement is not true.
Find the value of P1?
Read the following information carefully and answer the questions based on it.
In a Delhi University election for President, there were four candidates – Arnav, Arun, Aruna and Anur. Three colleges participated in the election – Miranda House, Kirodimal and Ramjas. Candidates who got the highest number of votes in all three colleges together are considered as a winner and he/she will be the president of Delhi University.
Miranda House: Ratio of votes received by Arun and Arnav was 1:2 while that of Arun and Anur was 30:43. Aruna received 25(25/89) % of total votes which was 8 more than that of Anur.
Kirodimal: Ratio of number of votes received by Anur in Miranda house and Kirodimal was 43:45. Aruna received (20/7) % more votes than Arnav and (1700/53) % less than that of Arun. Total votes received in Kirodimalwere 36 less than that of Miranda House.
Ramjas: Votes received by Arun is 22.66% more than that of Aruna and Anur received 6.66% less votes than what he received in Kirodimal. Arnav received (1280/63) % of total votes of RamjasCollege. Votes received byArnavis 40 lessthan that of what Anur received in Ramjascollege.Sum of votes received by Arun and Arunais 334.
Number of votes received by Arun and Anur together in Ramjas college is how much % of total number of votes received by Arun and Aruna together?
Read the following information carefully and answer the questions based on it.
In a Delhi University election for President, there were four candidates – Arnav, Arun, Aruna and Anur. Three colleges participated in the election – Miranda House, Kirodimal and Ramjas. Candidates who got the highest number of votes in all three colleges together are considered as a winner and he/she will be the president of Delhi University.
Miranda House: Ratio of votes received by Arun and Arnav was 1:2 while that of Arun and Anur was 30:43. Aruna received 25(25/89) % of total votes which was 8 more than that of Anur.
Kirodimal: Ratio of number of votes received by Anur in Miranda house and Kirodimal was 43:45. Aruna received (20/7) % more votes than Arnav and (1700/53) % less than that of Arun. Total votes received in Kirodimalwere 36 less than that of Miranda House.
Ramjas: Votes received by Arun is 22.66% more than that of Aruna and Anur received 6.66% less votes than what he received in Kirodimal. Arnav received (1280/63) % of total votes of RamjasCollege. Votes received byArnavis 40 less than that of what Anur received in Ramjascollege.Sum of votes received by Arun and Arunais 334.
If votes received In Ramjas college are invalid, then find number of valid votes received by winner is how much % more than number of votes received by person who received fourth highest ?
Read the following information carefully and answer the questions based on it.
In a Delhi University election for President, there were four candidates – Arnav, Arun, Aruna and Anur. Three colleges participated in the election – Miranda House, Kirodimal and Ramjas. Candidates who got the highest number of votes in all three colleges together are considered as a winner and he/she will be the president of Delhi University.
Miranda House: Ratio of votes received by Arun and Arnav was 1:2 while that of Arun and Anur was 30:43. Aruna received 25(25/89) % of total votes which was 8 more than that of Anur.
Kirodimal: Ratio of number of votes received by Anur in Miranda house and Kirodimal was 43:45. Aruna received (20/7) % more votes than Arnav and (1700/53) % less than that of Arun. Total votes received in Kirodimalwere 36 less than that of Miranda House.
Ramjas: Votes received by Arun is 22.66% more than that of Aruna and Anur received 6.66% less votes than what he received in Kirodimal. Arnav received (1280/63) % of total votes of RamjasCollege. Votes received byArnavis 40 less than that of what Anur received in Ramjascollege.Sum of votes received by Arun and Arunais 334.
Difference Between total votes received by Arun and Aruna is how much % of difference between total votes received by Arnav and Anur?Difference Between total votes received by Arun and Aruna is how much % of difference between total votes received by Arnav and Anur?
Read the following information carefully and answer the questions based on it.
In a Delhi University election for President, there were four candidates – Arnav, Arun, Aruna and Anur. Three colleges participated in the election – Miranda House, Kirodimal and Ramjas. Candidates who got the highest number of votes in all three colleges together are considered as a winner and he/she will be the president of Delhi University.
Miranda House: Ratio of votes received by Arun and Arnav was 1:2 while that of Arun and Anur was 30:43. Aruna received 25(25/89) % of total votes which was 8 more than that of Anur.
Kirodimal: Ratio of number of votes received by Anur in Miranda house and Kirodimal was 43:45. Aruna received (20/7) % more votes than Arnav and (1700/53) % less than that of Arun. Total votes received in Kirodimalwere 36 less than that of Miranda House.
Ramjas: Votes received by Arun is 22.66% more than that of Aruna and Anur received 6.66% less votes than what he received in Kirodimal. Arnav received (1280/63) % of total votes of RamjasCollege. Votes received byArnavis 40 less than that of what Anur received in Ramjascollege.Sum of votes received by Arun and Arunais 334.
Number of votes received by Arnav and Aruntogether in Miranda house is how much % more/less than votes received by Aruna and Anur together in Kirodimal?
Study the following information carefully and answer the below questions:
3248 2397 5724 7415 3276
How many numbers is/are there in the number series between the third digit of the second number from the left end and second digit of the third number from the right end?
Important Questions for PFRDA Assistant Manager Phase 1 Mock Test - 3 (Paper 1)
PFRDA Assistant Manager Phase 1 Mock Test - 3 (Paper 1) MCQs with Answers
Online Tests for PFRDA Assistant Manager Phase 1 Mock Test - 3 (Paper 1)
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