Decision Making Practice Quiz - 1 - Bank Exams MCQ

A major telecom company recently hired a new Chief Financial Officer to take command of the company’s finances. This move came against the backdrop of national and global economic crises.
The CFO is charged with the responsibility of realigning the finances of the largest Strategic Business Unit which deals with network solutions to major corporate clients in the country. In wake of the overall financial slump, many of the corporate clients have been delaying the payment of their recurring dues for the monthly network and internet services utilised. The local account managers handling those clients and their respective Regional Managers had been given the authority to maintain client relations and if necessary allow the delayed payments with a view to continue a long-term relationship with the key clients. However, the new CFO after taking stock of the situation decided to put an affirmative end to this practice. He sent a mail to every regional and local account manager asking them to discontinue services to the defaulting clients. In spite of such a strong communication, most major clients delayed the payments in the next month. As a response to this, the CFO resent his earlier mail asking for comments. In the next month, the single largest client defaulted on the payment and the regional manager promptly asked the technology company to terminate services to that client. The regional manger merely informed the client that the delay in payment was responsible for the termination of services and the service would be reconstituted on payment of the dues.

The client faced severe difficulties due to discontinuation of the internet and local network services. The CEO of that company wrote a scathing email to the Chairman of the telecom company.
The CEO pointed out the sudden, mishandled and improperly communicated decision and its severe impact on his company’s business. He pointed out that they were one of the largest clients of the telecom company. The CEO also hinted that his company would want to reconsider their future engagement. The Chairman decided to maintain the relations with that important client and yet protect his company’s image. He promptly restarted the network services and yet requested the client to clear the dues within a week and to avoid major delays especially in these times of crisis. The client replied to this communication, agreeing to the specified norms. However, the Chairman decided to severely reprimand the Regional Manager and suspended him for 2 weeks. He also severely questioned the CFO for his error. At the next board of directors meeting, there was support for the Chairman’s action in spite of protests by some senior directors who defended the CFO and the Regional Manager's actions.

Q. Assuming that the crisis continues, the future course of action by the Account managers and Regional managers would be:

A major telecom company recently hired a new Chief Financial Officer to take command of the company’s finances. This move came against the backdrop of national and global economic crises.
The CFO is charged with the responsibility of realigning the finances of the largest Strategic Business Unit which deals with network solutions to major corporate clients in the country. In wake of the overall financial slump, many of the corporate clients have been delaying the payment of their recurring dues for the monthly network and internet services utilised. The local account managers handling those clients and their respective Regional Managers had been given the authority to maintain client relations and if necessary allow the delayed payments with a view to continue a long-term relationship with the key clients. However, the new CFO after taking stock of the situation decided to put an affirmative end to this practice. He sent a mail to every regional and local account manager asking them to discontinue services to the defaulting clients. In spite of such a strong communication, most major clients delayed the payments in the next month. As a response to this, the CFO resent his earlier mail asking for comments. In the next month, the single largest client defaulted on the payment and the regional manager promptly asked the technology company to terminate services to that client. The regional manger merely informed the client that the delay in payment was responsible for the termination of services and the service would be reconstituted on payment of the dues.

The client faced severe difficulties due to discontinuation of the internet and local network services. The CEO of that company wrote a scathing email to the Chairman of the telecom company.
The CEO pointed out the sudden, mishandled and improperly communicated decision and its severe impact on his company’s business. He pointed out that they were one of the largest clients of the telecom company. The CEO also hinted that his company would want to reconsider their future engagement. The Chairman decided to maintain the relations with that important client and yet protect his company’s image. He promptly restarted the network services and yet requested the client to clear the dues within a week and to avoid major delays especially in these times of crisis. The client replied to this communication, agreeing to the specified norms. However, the Chairman decided to severely reprimand the Regional Manager and suspended him for 2 weeks. He also severely questioned the CFO for his error. At the next board of directors meeting, there was support for the Chairman’s action in spite of protests by some senior directors who defended the CFO and the Regional Manager's actions.

Q. The client’s action, and the Chairman’s response to the same, display what important aspect of decision-making shown by the Chairman?

                                                                                    Group Question

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

You are the newly appointed financial controller in LMB Ltd., a large private engineering company. This is your first appointment in industry having undertaken your training at a large accountancy firm where most of your experience was gained in the audit of large NSE 500 clients. LMB Ltd. makes components which are used in the manufacture of various household products and it has a wide customer base from large household names through to small local private businesses.

One of your first tasks is to undertake a view of aged debtors. Whilst undertaking your review you find that a small number of customers have credit balances on their sales ledger accounts. The amounts relate to invoices which are now over 9 months old and which appear to have been paid twice. You find this odd and decide to raise the issue with your boss, Dushyant, the Financial Director, at your next meeting.

The following morning, Dushyant calls you into his office and asks you how you are settling into your position. You respond that, although you are still finding your feet, you have been making a major effort to get up to speed with the company's business and systems and controls. Dushyant appreciates your enthusiasm and is pleased that he has managed to recruit someone so enthusiastic.

Dushyant then asks whether anything has come to your attention so far. You advise him of what you have found in relation to the customers who appear to have paid twice. Dushyant laughs and tells you that it balances out in the end.

Furthermore, he produces copies of letters from a file which are addressed to the Financial Directors at the respective customers informing them of their company's overpayment. You return to your desk - rather bewildered by his comments. Customers have overpaid and he knows this to be the case, yet he has no intention of returning their money unless prompted by the customer. 

You find it perplexing to think that the Financial Directors of the companies that have overpaid have not responded on being notified about the outstanding invoices.

Q. In the light of the given situation, which of the following is the most sound judgment?

You are the newly appointed financial controller in LMB Ltd., a large private engineering company. This is your first appointment in industry having undertaken your training at a large accountancy firm where most of your experience was gained in the audit of large NSE 500 clients. LMB Ltd. makes components which are used in the manufacture of various household products and it has a wide customer base from large household names through to small local private businesses.

One of your first tasks is to undertake a view of aged debtors. Whilst undertaking your review you find that a small number of customers have credit balances on their sales ledger accounts. The amounts relate to invoices which are now over 9 months old and which appear to have been paid twice. You find this odd and decide to raise the issue with your boss, Dushyant, the Financial Director, at your next meeting.

The following morning, Dushyant calls you into his office and asks you how you are settling into your position. You respond that, although you are still finding your feet, you have been making a major effort to get up to speed with the company's business and systems and controls. Dushyant appreciates your enthusiasm and is pleased that he has managed to recruit someone so enthusiastic.

Dushyant then asks whether anything has come to your attention so far. You advise him of what you have found in relation to the customers who appear to have paid twice. Dushyant laughs and tells you that it balances out in the end.

Furthermore, he produces copies of letters from a file which are addressed to the Financial Directors at the respective customers informing them of their company's overpayment. You return to your desk - rather bewildered by his comments. Customers have overpaid and he knows this to be the case, yet he has no intention of returning their money unless prompted by the customer. 

You find it perplexing to think that the Financial Directors of the companies that have overpaid have not responded on being notified about the outstanding invoices.

Q. A couple of months pass when, whilst undertaking another review, you notice that a customer, Moe Controls Ltd., has once again paid the amount due by them twice. You decide to discuss this with Dushyant with a view to issuing an immediate repayment or at the very least, a credit note, as the company is a regular customer. Dushyant advises you that he will deal with this by personally writing to the Financial Director at Moe Controls Ltd. - he advises you that at this stage there is no need to issue a credit note or make a repayment. 

You are not at ease with his assurance, you decide to:

You are the newly appointed financial controller in LMB Ltd., a large private engineering company. This is your first appointment in industry having undertaken your training at a large accountancy firm where most of your experience was gained in the audit of large NSE 500 clients. LMB Ltd. makes components which are used in the manufacture of various household products and it has a wide customer base from large household names through to small local private businesses.

One of your first tasks is to undertake a view of aged debtors. Whilst undertaking your review you find that a small number of customers have credit balances on their sales ledger accounts. The amounts relate to invoices which are now over 9 months old and which appear to have been paid twice. You find this odd and decide to raise the issue with your boss, Dushyant, the Financial Director, at your next meeting.

The following morning, Dushyant calls you into his office and asks you how you are settling into your position. You respond that, although you are still finding your feet, you have been making a major effort to get up to speed with the company's business and systems and controls. Dushyant appreciates your enthusiasm and is pleased that he has managed to recruit someone so enthusiastic.

Dushyant then asks whether anything has come to your attention so far. You advise him of what you have found in relation to the customers who appear to have paid twice. Dushyant laughs and tells you that it balances out in the end.

Furthermore, he produces copies of letters from a file which are addressed to the Financial Directors at the respective customers informing them of their company's overpayment. You return to your desk - rather bewildered by his comments. Customers have overpaid and he knows this to be the case, yet he has no intention of returning their money unless prompted by the customer. 

You find it perplexing to think that the Financial Directors of the companies that have overpaid have not responded on being notified about the outstanding invoices.

Q. A&M Ltd. was one of the customers that had paid twice. Despite being notified about the same, the company had not responded to the formal communication sent by LMB Ltd. Yet, the Financial Director of A&M Ltd is very distraught that LMB Ltd. did not issue a refund sooner, especially when the two companies continued their association. A&M Ltd. has now threatened to exit all contracts with LMB Ltd.Which of the following steps would you take to salvage the situation? 

                                                                                     Group Question

Answer the following question based on the information given below.

A car accident occurred on a busy street intersection killing two people and injuring three others. In order to nab the culprits, the police took the statements of all the witnesses present at that intersection, when the accident happened.
Some of the witnesses were in a state of shock because of the horrific accident and were unable to correctly reproduce the details of the accident. The witnesses who were in a state of shock provided all incorrect details while the rest of the witnesses provide the correct information about the accident. 

The following statements have been recorded by the police:

Witness 1: Three people were killed in the accident by a red car that ran over them.
Witness 2: The green car had a license plate with eight symbols on it, two of them being letters and the rest being digits.
Witness 3: The car was blue in colour and was being driven by a young man with two people sitting in the backseat, one of them being a woman.
Witness 4: Each of the last four digits on the license plate of the car was a power of the same number and they were in the ascending order.
Witness 5: There was a blue car involved in the accident and a yellow car was right behind it. The blue car injured two people and rushed away from the spot.
Witness 6: The car was a green Maruti with four people in it. The car hit five people injuring three of them.
Witness 7: If numbers are assigned to the two letters on the license plate of the car with A being 1, B being 2 and so on, then the sum of the two letters on the license plate was equal to the sum of the last four digits. The letters were from A-l with the letter with the lower value coming first. The last four digits were in the ascending order.

Q. What is the colour of the car that was involved in the  accident? 

A car accident occurred on a busy street intersection killing two people and injuring three others. In order to nab the culprits, the police took the statements of all the witnesses present at that intersection, when the accident happened.
Some of the witnesses were in a state of shock because of the horrific accident and were unable to correctly reproduce the details of the accident. The witnesses who were in a state of shock provided all incorrect details while the rest of the witnesses provide the correct information about the accident. 

The following statements have been recorded by the police:

Witness 1: Three people were killed in the accident by a red car that ran over them.
Witness 2: The green car had a license plate with eight symbols on it, two of them being letters and the rest being digits.
Witness 3: The car was blue in colour and was being driven by a young man with two people sitting in the backseat, one of them being a woman.
Witness 4: Each of the last four digits on the license plate of the car was a power of the same number and they were in the ascending order.
Witness 5: There was a blue car involved in the accident and a yellow car was right behind it. The blue car injured two people and rushed away from the spot.
Witness 6: The car was a green Maruti with four people in it. The car hit five people injuring three of them.
Witness 7: If numbers are assigned to the two letters on the license plate of the car with A being 1, B being 2 and so on, then the sum of the two letters on the license plate was equal to the sum of the last four digits. The letters were from A-l with the letter with the lower value coming first. The last four digits were in the ascending order.

Q. How many witnesses are surely in a shocked state? 

A car accident occurred on a busy street intersection killing two people and injuring three others. In order to nab the culprits, the police took the statements of all the witnesses present at that intersection, when the accident happened.
Some of the witnesses were in a state of shock because of the horrific accident and were unable to correctly reproduce the details of the accident. The witnesses who were in a state of shock provided all incorrect details while the rest of the witnesses provide the correct information about the accident. 

The following statements have been recorded by the police:

Witness 1: Three people were killed in the accident by a red car that ran over them.
Witness 2: The green car had a license plate with eight symbols on it, two of them being letters and the rest being digits.
Witness 3: The car was blue in colour and was being driven by a young man with two people sitting in the backseat, one of them being a woman.
Witness 4: Each of the last four digits on the license plate of the car was a power of the same number and they were in the ascending order.
Witness 5: There was a blue car involved in the accident and a yellow car was right behind it. The blue car injured two people and rushed away from the spot.
Witness 6: The car was a green Maruti with four people in it. The car hit five people injuring three of them.
Witness 7: If numbers are assigned to the two letters on the license plate of the car with A being 1, B being 2 and so on, then the sum of the two letters on the license plate was equal to the sum of the last four digits. The letters were from A-l with the letter with the lower value coming first. The last four digits were in the ascending order.

 Q. Among the last four digits on the license plate, what was the difference between the last digit and the first digit?

A car accident occurred on a busy street intersection killing two people and injuring three others. In order to nab the culprits, the police took the statements of all the witnesses present at that intersection, when the accident happened.
Some of the witnesses were in a state of shock because of the horrific accident and were unable to correctly reproduce the details of the accident. The witnesses who were in a state of shock provided all incorrect details while the rest of the witnesses provide the correct information about the accident. 

The following statements have been recorded by the police:

Witness 1: Three people were killed in the accident by a red car that ran over them.
Witness 2: The green car had a license plate with eight symbols on it, two of them being letters and the rest being digits.
Witness 3: The car was blue in colour and was being driven by a young man with two people sitting in the backseat, one of them being a woman.
Witness 4: Each of the last four digits on the license plate of the car was a power of the same number and they were in the ascending order.
Witness 5: There was a blue car involved in the accident and a yellow car was right behind it. The blue car injured two people and rushed away from the spot.
Witness 6: The car was a green Maruti with four people in it. The car hit five people injuring three of them.
Witness 7: If numbers are assigned to the two letters on the license plate of the car with A being 1, B being 2 and so on, then the sum of the two letters on the license plate was equal to the sum of the last four digits. The letters were from A-l with the letter with the lower value coming first. The last four digits were in the ascending order.

Q. Which of the following could have been the first letter in the license plate?  

Amazing Chips Ltd., a snacks manufacturing company located in Delhi, as of now sells its products in the Delhi and NCR region only. Since the company had been doing quite well for the last three years, the management is thinking of expanding the business pan India. To ensure that the expansion plan would be profitable, the management decided to undertake a cost benefit analysis.

Which are the factors that the management must consider for their cost-benefit study?

I. Operations and Logistics Cost

II. Marketing Expense

III. Only Local Competition in the new cities

IV. Both Local and National competition

V. Working Capital

VI. New factory

VII. Human Resources

V III . Price

At a mathematics competition, a professor gives a new definition that a number is called 'defector' if it is impossible to factorise the given number. He then calls a number 'super defector' if the number formed by breaking the number into as many possible smaller numbers ( without re-ordering) and all the numbers so formed are defectors. For example, 123 can be broken into 1, 2, 3, 12, 23 and 123. Note that 13, 32, 21, 31 etc. are not involved.

How many 3-digit numbers are 'super defectors'?

Read the following situation and choose the best possible alternative.

Mr. Shailesh Ahuja, project manager in a multinational, has to nominate one employee from his team of fifteen for the ‘Employee of the year' award. The recipient of the award will get a cash bonus and an opportunity to meet the CEO of the company. The rules clearly state that every project manager can nominate just one person irrespective of their team strength. However, Mr. Ahuja is convinced that both Subramaniam and Santosh are worthy of this award.

How should Mr. Ahuja go about selecting the best nominee for the award?

Shreyas wants to send a consignment to Africa. The following were the charges for the consignment which consists of 5,000 shirts.

1. Shipping Cost - $800

2. One time Custom Duty - Rs. 2,400

3. Production Cost - Rs. 50,000 for 1,000 shirts.

If the conversion used for calculations from dollars to rupees is Rs. 47, what is the minimum price at which a shirt can be sold for Shreyas to break even?

Group Question

Answer the following question based on the information given below.

Shu-Tee is a medium-size manufacturing company. The company is more than 50 years old and many of the managers in the company have come from the ranks, so to speak. Recently, the Baby Boomers have started to retire and they are being replaced with Generation Yers. The remaining staff members taking the roles in the management team are Generation Xers.
These two generations (Gen X and Gen Y) are clashing in the workplace. Since the Gen Y employees have been at the company for such a short amount of time, they have very little loyalty or reason to stay. Hence, they are leaving the company at an alarming rate and the incoming replacements also are from the Gen Y group, so the problems will most likely repeat itself over and over.

Q. Simon is a generation X employee in Shu-Tee. He is clashing with most of the new Gen Y employees. Simon believes in micro-managing while the Gen Yers need a lot of autonomy while working. Simon would leave the organization but has a house loan to repay and would not want to start anew with the poor market scenario. He also feels that he has put in a lot of effort to take the organization where it is today. What should Simon/ Gen Y/ the management do for the benefit of Shu-Tee ?   

Shu-Tee is a medium-size manufacturing company. The company is more than 50 years old and many of the managers in the company have come from the ranks, so to speak. Recently, the Baby Boomers have started to retire and they are being replaced with Generation Yers. The remaining staff members taking the roles in the management team are Generation Xers.
These two generations (Gen X and Gen Y) are clashing in the workplace. Since the Gen Y employees have been at the company for such a short amount of time, they have very little loyalty or reason to stay. Hence, they are leaving the company at an alarming rate and the incoming replacements also are from the Gen Y group, so the problems will most likely repeat itself over and over.

Q. If you were hired as an advisor for Shu-Tee, what would you say needs to happen to slow down the exit rate and make sure the situation doesn’t repeat itself with the new staff?

Shu-Tee is a medium-size manufacturing company. The company is more than 50 years old and many of the managers in the company have come from the ranks, so to speak. Recently, the Baby Boomers have started to retire and they are being replaced with Generation Yers. The remaining staff members taking the roles in the management team are Generation Xers.
These two generations (Gen X and Gen Y) are clashing in the workplace. Since the Gen Y employees have been at the company for such a short amount of time, they have very little loyalty or reason to stay. Hence, they are leaving the company at an alarming rate and the incoming replacements also are from the Gen Y group, so the problems will most likely repeat itself over and over.

Q. You are a Gen Y employee who has been with Shu-Tee for 2 weeks now. You are frustrated with your project managers constantly changing since a few have retired while the Gen Y managers have left for better prospects. You have great inputs for the project but it seems to be going nowhere due to lack of leadership. Which of these is the decision you would most likely take?

                                                                                     Group Question

Answer the following question based on the information given below.

Legrand Casino recently purchased a slot machine; a gaming machine, which had a main unit and five sub-units, labeled as Alpha, Gamma, Beta, Theta and Omega. The main as well as each of the sub-units had five slots, labeled as Red, Blue, Grey, Black and Yellow. The game with this slotting machine involved punching the right coin in the right slot in the right sequence i.e. one after another. For example, if coin number 3 is punched into slot Blue in Gamma sub-unit and if the main unit also pushes the coin to Blue slot, then the punch is said to be a winning shot. If the coin in the sub-unit is punched into the right slot when compared to the corresponding coin in the main unit, then the player gets Rs. 1,000 as reward. On the other hand, if the slots do not match then the player loses Rs. 333. Each player gets 25 coins to play.
However, after a couple of days this slotting machine developed a peculiar problem. In the sub-units irrespective of the slot you intended to put in the coin, the sub-unit pushed the coin into the slot it wanted to every time on its own. 

To find out which slots in the sub-units had developed the snag, the technician played on all the sub-units using 25 coins in each of the sub-units.
After some kind of analysis he found that the main machine and each of the sub-units could identify right slots for 15 coins, however for the balance of 10 coins listed below, each of the sub-units assumed different positions as right slots when compared to the main unit whose allocation of slots was the benchmark for performance of other sub-units. 

On playing with these sub-units, the technician earned Rs. 17,000, Rs. 11,660, Rs. 18,330, Rs. 14,330 and Rs. 18,330 respectively from each of Alpha, Gamma, Beta, Theta and Omega. All the amount being rounded off to previous tens figure. Of the ten slots which had developed the snag, there was atleast one sub-unit which identified the right slot for exactly 9 of the 10 slots. 

The table below gives the slots identified by each of the sub-units as right slots for the 10 problematic coins. 

Q. What is the median value of the number of incorrect slots 1 Marks individually identified by the 5 sub-units? 

Legrand Casino recently purchased a slot machine; a gaming machine, which had a main unit and five sub-units, labeled as Alpha, Gamma, Beta, Theta and Omega. The main as well as each of the sub-units had five slots, labeled as Red, Blue, Grey, Black and Yellow. The game with this slotting machine involved punching the right coin in the right slot in the right sequence i.e. one after another. For example, if coin number 3 is punched into slot Blue in Gamma sub-unit and if the main unit also pushes the coin to Blue slot, then the punch is said to be a winning shot. If the coin in the sub-unit is punched into the right slot when compared to the corresponding coin in the main unit, then the player gets Rs. 1,000 as reward. On the other hand, if the slots do not match then the player loses Rs. 333. Each player gets 25 coins to play.
However, after a couple of days this slotting machine developed a peculiar problem. In the sub-units irrespective of the slot you intended to put in the coin, the sub-unit pushed the coin into the slot it wanted to every time on its own. 

To find out which slots in the sub-units had developed the snag, the technician played on all the sub-units using 25 coins in each of the sub-units.
After some kind of analysis he found that the main machine and each of the sub-units could identify right slots for 15 coins, however for the balance of 10 coins listed below, each of the sub-units assumed different positions as right slots when compared to the main unit whose allocation of slots was the benchmark for performance of other sub-units. 

On playing with these sub-units, the technician earned Rs. 17,000, Rs. 11,660, Rs. 18,330, Rs. 14,330 and Rs. 18,330 respectively from each of Alpha, Gamma, Beta, Theta and Omega. All the amount being rounded off to previous tens figure. Of the ten slots which had developed the snag, there was atleast one sub-unit which identified the right slot for exactly 9 of the 10 slots. 

The table below gives the slots identified by each of the sub-units as right slots for the 10 problematic coins. 

Q. For the 10 incorrectly slotted coins, how many slots were commonly and correctly identified by more than 1 sub-unit?

Legrand Casino recently purchased a slot machine; a gaming machine, which had a main unit and five sub-units, labeled as Alpha, Gamma, Beta, Theta and Omega. The main as well as each of the sub-units had five slots, labeled as Red, Blue, Grey, Black and Yellow. The game with this slotting machine involved punching the right coin in the right slot in the right sequence i.e. one after another. For example, if coin number 3 is punched into slot Blue in Gamma sub-unit and if the main unit also pushes the coin to Blue slot, then the punch is said to be a winning shot. If the coin in the sub-unit is punched into the right slot when compared to the corresponding coin in the main unit, then the player gets Rs. 1,000 as reward. On the other hand, if the slots do not match then the player loses Rs. 333. Each player gets 25 coins to play.
However, after a couple of days this slotting machine developed a peculiar problem. In the sub-units irrespective of the slot you intended to put in the coin, the sub-unit pushed the coin into the slot it wanted to every time on its own. 

To find out which slots in the sub-units had developed the snag, the technician played on all the sub-units using 25 coins in each of the sub-units.
After some kind of analysis he found that the main machine and each of the sub-units could identify right slots for 15 coins, however for the balance of 10 coins listed below, each of the sub-units assumed different positions as right slots when compared to the main unit whose allocation of slots was the benchmark for performance of other sub-units. 

On playing with these sub-units, the technician earned Rs. 17,000, Rs. 11,660, Rs. 18,330, Rs. 14,330 and Rs. 18,330 respectively from each of Alpha, Gamma, Beta, Theta and Omega. All the amount being rounded off to previous tens figure. Of the ten slots which had developed the snag, there was atleast one sub-unit which identified the right slot for exactly 9 of the 10 slots. 

The table below gives the slots identified by each of the sub-units as right slots for the 10 problematic coins. 

Q. Which of these can never be a valid combination of correctly slotted coin numbers for the Alpha sub-unit?

Legrand Casino recently purchased a slot machine; a gaming machine, which had a main unit and five sub-units, labeled as Alpha, Gamma, Beta, Theta and Omega. The main as well as each of the sub-units had five slots, labeled as Red, Blue, Grey, Black and Yellow. The game with this slotting machine involved punching the right coin in the right slot in the right sequence i.e. one after another. For example, if coin number 3 is punched into slot Blue in Gamma sub-unit and if the main unit also pushes the coin to Blue slot, then the punch is said to be a winning shot. If the coin in the sub-unit is punched into the right slot when compared to the corresponding coin in the main unit, then the player gets Rs. 1,000 as reward. On the other hand, if the slots do not match then the player loses Rs. 333. Each player gets 25 coins to play.
However, after a couple of days this slotting machine developed a peculiar problem. In the sub-units irrespective of the slot you intended to put in the coin, the sub-unit pushed the coin into the slot it wanted to every time on its own. 

To find out which slots in the sub-units had developed the snag, the technician played on all the sub-units using 25 coins in each of the sub-units.
After some kind of analysis he found that the main machine and each of the sub-units could identify right slots for 15 coins, however for the balance of 10 coins listed below, each of the sub-units assumed different positions as right slots when compared to the main unit whose allocation of slots was the benchmark for performance of other sub-units. 

On playing with these sub-units, the technician earned Rs. 17,000, Rs. 11,660, Rs. 18,330, Rs. 14,330 and Rs. 18,330 respectively from each of Alpha, Gamma, Beta, Theta and Omega. All the amount being rounded off to previous tens figure. Of the ten slots which had developed the snag, there was atleast one sub-unit which identified the right slot for exactly 9 of the 10 slots. 

The table below gives the slots identified by each of the sub-units as right slots for the 10 problematic coins. 

Q. If the correct slot for coin numbered 8 was Yellow, then what would have been the correct slot for coin number 21?

Which number can be the missing term? 94, 496, 1218,........, 36112

Eight friends are sitting around a circular table. The names of the friends are A, B, C, D, E, F, G, and H.

1. E is sitting opposite to H.

2. B is second to the right of E.

3. G and H are to the left of A.

4. C is sitting opposite to G.

How many different sitting arrangements are possible?Note: If seats were numbered 1 to 8 in clockwise order, then 2, 3 and 4 would have been to the left of 1 and also to the right of 5.

                                                                                     Group Question

Answer the following question based on the information given below.

Four friends - A, B, C and D - belong to an island, in which each person belongs to one of the three tribes - Truth tellers, Alternators and Liars. Truth tellers always tell the truth, Alternators alternate between true and false statements, in any order and Liars always lie. A, B, C and D earn their respective livelihoods as a Banker, a Journalist, an Engineer and a Doctor, not necessarily in the same order. When asked about the tribes and how they earn their livelihoods, each of them made exactly three statements. B made his first and third statements in the local language, which was incomprehensible, but made his second statement in English. However, A, C and D made all their statements in English.

A:

Statement 1: B’s first statement is that, “C is either a Journalist or a Doctor.”

Statement 2: C is not a Truth teller.

Statement 3: B is an Engineer.

B:

Statement 1: Aabra ka Daabra.

Statement 2: Atleast one of my statements is false.

Statement 3: Daan a kun.

C:

Statement 1: A is a Doctor.

Statement 2: B’s third statement is that, “D is a truth teller.”

Statement 3: D is neither a Journalist nor an Engineer.

D:

Statement 1: C made exactly one true statement.

Statement 2: Exactly two of us are truth tellers.

Statement 3: C is a Journalist.

Among A, B, C and D, at least one person of each tribe is present.

Q. Who is the Journalist? 

Four friends - A, B, C and D - belong to an island, in which each person belongs to one of the three tribes - Truth tellers, Alternators and Liars. Truth tellers always tell the truth, Alternators alternate between true and false statements, in any order and Liars always lie. A, B, C and D earn their respective livelihoods as a Banker, a Journalist, an Engineer and a Doctor, not necessarily in the same order. When asked about the tribes and how they earn their livelihoods, each of them made exactly three statements. B made his first and third statements in the local language, which was incomprehensible, but made his second statement in English. However, A, C and D made all their statements in English.

A:

Statement 1: B’s first statement is that, “C is either a Journalist or a Doctor.”

Statement 2: C is not a Truth teller.

Statement 3: B is an Engineer.

B:

Statement 1: Aabra ka Daabra.

Statement 2: Atleast one of my statements is false.

Statement 3: Daan a kun.

C:

Statement 1: A is a Doctor.

Statement 2: B’s third statement is that, “D is a truth teller.”

Statement 3: D is neither a Journalist nor an Engineer.

D:

Statement 1: C made exactly one true statement.

Statement 2: Exactly two of us are truth tellers.

Statement 3: C is a Journalist.

Among A, B, C and D, at least one person of each tribe is present.

Q. Who is/are the liar(s)?  

Four friends - A, B, C and D - belong to an island, in which each person belongs to one of the three tribes - Truth tellers, Alternators and Liars. Truth tellers always tell the truth, Alternators alternate between true and false statements, in any order and Liars always lie. A, B, C and D earn their respective livelihoods as a Banker, a Journalist, an Engineer and a Doctor, not necessarily in the same order. When asked about the tribes and how they earn their livelihoods, each of them made exactly three statements. B made his first and third statements in the local language, which was incomprehensible, but made his second statement in English. However, A, C and D made all their statements in English.

A:

Statement 1: B’s first statement is that, “C is either a Journalist or a Doctor.”

Statement 2: C is not a Truth teller.

Statement 3: B is an Engineer.

B:

Statement 1: Aabra ka Daabra.

Statement 2: Atleast one of my statements is false.

Statement 3: Daan a kun.

C:

Statement 1: A is a Doctor.

Statement 2: B’s third statement is that, “D is a truth teller.”

Statement 3: D is neither a Journalist nor an Engineer.

D:

Statement 1: C made exactly one true statement.

Statement 2: Exactly two of us are truth tellers.

Statement 3: C is a Journalist.

Among A, B, C and D, at least one person of each tribe is present.

Q. How many of the statements made were true? 

Four friends - A, B, C and D - belong to an island, in which each person belongs to one of the three tribes - Truth tellers, Alternators and Liars. Truth tellers always tell the truth, Alternators alternate between true and false statements, in any order and Liars always lie. A, B, C and D earn their respective livelihoods as a Banker, a Journalist, an Engineer and a Doctor, not necessarily in the same order. When asked about the tribes and how they earn their livelihoods, each of them made exactly three statements. B made his first and third statements in the local language, which was incomprehensible, but made his second statement in English. However, A, C and D made all their statements in English.

A:

Statement 1: B’s first statement is that, “C is either a Journalist or a Doctor.”

Statement 2: C is not a Truth teller.

Statement 3: B is an Engineer.

B:

Statement 1: Aabra ka Daabra.

Statement 2: Atleast one of my statements is false.

Statement 3: Daan a kun.

C:

Statement 1: A is a Doctor.

Statement 2: B’s third statement is that, “D is a truth teller.”

Statement 3: D is neither a Journalist nor an Engineer.

D:

Statement 1: C made exactly one true statement.

Statement 2: Exactly two of us are truth tellers.

Statement 3: C is a Journalist.

Among A, B, C and D, at least one person of each tribe is present.

Q. Who is the Banker? 

Four friends - A, B, C and D - belong to an island, in which each person belongs to one of the three tribes - Truth tellers, Alternators and Liars. Truth tellers always tell the truth, Alternators alternate between true and false statements, in any order and Liars always lie. A, B, C and D earn their respective livelihoods as a Banker, a Journalist, an Engineer and a Doctor, not necessarily in the same order. When asked about the tribes and how they earn their livelihoods, each of them made exactly three statements. B made his first and third statements in the local language, which was incomprehensible, but made his second statement in English. However, A, C and D made all their statements in English.

A:

Statement 1: B’s first statement is that, “C is either a Journalist or a Doctor.”

Statement 2: C is not a Truth teller.

Statement 3: B is an Engineer.

B:

Statement 1: Aabra ka Daabra.

Statement 2: Atleast one of my statements is false.

Statement 3: Daan a kun.

C:

Statement 1: A is a Doctor.

Statement 2: B’s third statement is that, “D is a truth teller.”

Statement 3: D is neither a Journalist nor an Engineer.

D:

Statement 1: C made exactly one true statement.

Statement 2: Exactly two of us are truth tellers.

Statement 3: C is a Journalist.

Among A, B, C and D, at least one person of each tribe is present.

Q. Which of the following groups consists of people from all the  three tribes?