IRDAI Assistant Manager Mock Test - 1 - Insurance Exams MCQ

1^st January is Saturday, so, 3^rd is Monday.

U was held on Tuesday.

T was held on odd numbered date and, after U.
T was not held at the last.
Hence, case 2 is invalid.

G was held on an even numbered date.
Two conferences were held in between L and G, L being before G.
M was held immediately before G.

S was held immediately before C, which was held after G.
Number of conferences held after S is same as that held before M.
Hence, case 1(a), case 1(c)-(i) and case 1(c)-(ii) become invalid.
We get,

A was held before N.
Hence, final arrangement -

Five conferences were there in between C and U.

Some group are not series: There is a possibility that all groups are series. Thus, conclusion I is false.
Some rows are groups: There is a possibility that some rows are groups because some series are rows and some series are groups. Thus, conclusion II is false.
Some sets are series: There is a possibility that some sets are series because all sets are rows and some rows are series. Thus, conclusion III is false.

• There are seven chairs between M and F when counted from left of F.
• G sits third to the left of M, who faces towards the centre.

We get,
Case 1: If F faces outwards

Case 2: If F faces inwards

• G sits third to the left of L, who sits immediate right of K.
• No one sits to the immediate left of L. R doesn't sit adjacent to F.
• The number of chairs between F and K, and the number of chairs between R and F is equal but the number is neither a prime number nor a composite number.

We get,
If the no. is neither a prime nor a composite, it means the no. of chair between F & K, and R & F is 1.
Case 1: This case is invalid because there should be 1 chair between the chairs on which F and K sit.

Case 2:

• U sits fourth to the right of R. R and S face the opposite direction.
• S sits second to the left of T, who doesn't face inwards.
• The chair to the immediate right of the one on which S sits is vacant.
• S doesn't sit third to the right of the one who sits fifth to the right of L.

We get,
Case 2: U sits 4^th to the right of R, so R must face outwards. And hence S must face inwards.
T and S must sit adjacent to G. They cannot sit adjacent to U because S cannot sit 3^rd to the right of R, who sits 5^th to the right of L.

Hence, the final arrangement is as follows:

We cannot determine who sits 4^th to the right of U because we don't know which direction U faces.

• There are seven chairs between M and F when counted from left of F.
• G sits third to the left of M, who faces towards the centre.

We get,
Case 1: If F faces outwards

Case 2: If F faces inwards

• G sits third to the left of L, who sits immediate right of K.
• No one sits to the immediate left of L. R doesn't sit adjacent to F.
• The number of chairs between F and K, and the number of chairs between R and F is equal but the number is neither a prime number nor a composite number.

We get,
If the no. is neither a prime nor a composite, it means the no. of chair between F & K, and R & F is 1.
Case 1: This case is invalid because there should be 1 chair between the chairs on which F and K sit.

Case 2:

• U sits fourth to the right of R. R and S face the opposite direction.
• S sits second to the left of T, who doesn't face inwards.
• The chair to the immediate right of the one on which S sits is vacant.
• S doesn't sit third to the right of the one who sits fifth to the right of L.

We get,
Case 2: U sits 4^th to the right of R, so R must face outwards. And hence S must face inwards.
T and S must sit adjacent to G. They cannot sit adjacent to U because S cannot sit 3^rd to the right of R, who sits 5^th to the right of L.

Hence, the final arrangement is as follows:

6 chairs are in between F and S when counted from right of F.

Xena, who was the invigilator of this orientation session, left the departmental training session at 4:30pm due to some personal reason for few minutes.}
Thus, Departmental training possible timings are - 3pm to 5pm, 4pm to 6pm
But from 5pm to 6pm there is Tea break. So, the timing of departmental training is from 3pm to 5pm.

None of the same department orientations are consecutive including breaks (for example: If HR orientation is at 12 pm slot then the other HR orientation can't be at 2pm or 11pm slot). None of the HR orientation is after tea. First slot is not of HR.

Last slot is of IT orientation.

Admin session is just before one of the breaks.

This is the final arrangement.

Six sessions including breaks are there between the two IT sessions.

Xena, who was the invigilator of this orientation session, left the departmental training session at 4:30pm due to some personal reason for few minutes.
Thus, Departmental training possible timings are - 3pm to 5pm, 4pm to 6pm
But from 5pm to 6pm there is Tea break. So, the timing of departmental training is from 3pm to 5pm.

None of the same department orientations are consecutive including breaks (for example: If HR orientation is at 12 pm slot then the other HR orientation can't be at 2pm or 11pm slot). None of the HR orientation is after tea. First slot is not of HR.

Last slot is of IT orientation.

Admin session is just before one of the breaks.

This is the final arrangement.
Starting time of Departmental training = 3:00pm
End time of the second IT session = 7:00pm
7 - 3 = 4hours

• Ten people- P, Q, R, S, T, U, V, W, X and Y are playing in four different teams namely Team A, Team B, Team C and Team D. No person plays in more than one team.

• Q plays in either Team C or Team D.
• R, U and Y do not play in Team A and Team D.
• So, there are two cases possible i.e., Case 1 and Case 2.

Case 1:

Case 2:

• Neither R nor P plays in the same team as Q.
• P does not play in Team B, Team C and Team D.

Case 1:

Case 2:

• Only S and W play in the same team.
• So, Case 2 will have a further three cases i.e., Case 2(a), Case 2(b) and Case 2(c).
• U and Y play in the same team but not with P and R.
• Four people play in Team B. U plays in Team C.
• So, Case 2(b) and Case 2(c) will be invalid.
• In Case 2(a), as already mentioned U and Y will not play with P and R whereas in team A only S, W play. So, the team P and R can't be determined.
• So, Case 2(a) will be invalid.
• Remaining, T, V and X will play in Team B in case 1.

Case 1:

Case 2:

Finally, we get,

One person plays in Team A.

Let total persons in queue = N

Rakhi's position from the front = 16

Raina's position from the front = N - 45 + 1 = N - 44

Number of persons standing between Rakhi and Raina = 56

So,

Case I: Rakhi is ahead of Raina.

N - 44 - 16 - 1 = 56

N = 117 (valid case)

Case II: Raina is ahead of Rakhi

16 - (N - 44) - 1 = 56

N = 16 + 44 - 1 - 56

N = 3, which is not possible at all.

Thus,

Total persons in queue = 117

Given statement is G > A ≥ Q = Y < S ≤ O < T ≥ U > X

A ≥ Q = Y < S

So, conclusion I does not follows.

O < T ≥ U > X

So, conclusion II does not follows.

Thus, neither conclusion I nor conclusion II follows.

C introduces the topic of the Eiffel Tower. E provides historical context about the tower's completion and purpose. D provides information about the architect, the tower's dimensions, and its significance in terms of height. A further gives details about the tower's composition and its accessibility to visitors. B then highlights the tower's symbolic importance and its popularity among tourists. F, being fixed, lastly elaborates on the tower's broader cultural impact and recognition in various forms of media and art. So, when rearranged in the order CEDABF, the statements create a coherent and logical description of the Eiffel Tower, covering its historical context, design, significance, popularity, and cultural impact.
The third sentence after rearrangement should be D. Hence, (a) is the correct answer.

Refer to the following sentence from the first paragraph. "The Government is undertaking emergency measures such as cancelling passenger trains so as to be able to get the Indian Railways to transport more coal to power plants and issuing directives to use more imported coal to tide over the supply shortfall". The same is mentioned in option d).
Hence, option d) is correct.

Refer to the following sentence from the last paragraph. "There is idle but expensive generating capacity available - about 15-20 GW of gas-based power plants which can run on imported liquefied natural gas, and 6 GW-8 GW of thermal plants which can run on imported coal."

Option a) is not true as 6GW-8GW of thermal plants (which can run on imported coal), and not gas-based power plants, are available.

Option b) is not true as 15-20 GW of gas-based power plants (and not coal-based power plants) are available.

As per the same referred sentence, electricity produced using imported coal and gas would be expensive (and not cheaper), hence option c) is true, but option d) is not true.

The second paragraph mentions that this increasing demand for electricity will only increase (and not decrease) in the year ahead. So, option e) is not true.

Hence, option c) is correct.

The first statement talks about the transgressions and violations of the agreement, and the second statement talks about the disconcerting reports of huge military build-ups. The second sentence adds to the information given in the first sentence. So, such a connector is required that is used while giving additional information.

Let us look at the options:

Otherwise - It is used to say what the result or consequence would be if the mentioned situation or fact was not the case.

Furthermore - It is used to state additional information.

Despite - It is a synonym of 'in spite of' and is used to express the meaning 'without taking any notice of or being affected by'.

'In spite of' - It is used to mention something that surprisingly does not prevent something else from being true.

'Except if' - It is used to indicate the meaning 'except on the condition that'; or 'under any other circumstance than'.

Among the options, 'furthermore' is the one that most suitably connects the two statements.

The correct sentence will be:

The transgressions and the new border law violate the previous agreement that mandates both sides to "strictly respect and observe" the borders; furthermore, there are disconcerting reports of a huge military build-up by the country with heavy weaponry including missiles in the Eastern Sector.

Hence, option (b) is the correct sentence.

In the phrase in bold, the verb 'diluting' (make (something) weaker in force, content, or value by modification or the addition of other elements) weakens the cause given in the sentence which asks for stricter environmental regulations.

Among the options, 'require compulsory call' is grammatically incorrect as it violates the rule of parallelism as it can be noted that the other verb 'exacerbating' is in continuous form (V4) while 'require' is in the base form (V1). So, it cannot replace the phrase in bold.

The remaining options can replace the phrase in the sentence.

Hence, the correct answer is option (b).

Note:

V1 -> Base form/simple form of verb, V2 -> Past form of verb (-ed form or irregular verb), V3 -> Past participle form of verb (-ed, -d, -t, -en, or -n), V4 -> Continuous form of verb / Present participle form of verb (-ing form), V5 -> Third person singular (V1+ -es or -s).

Parallelism: In grammar, parallelism, also known as parallel structure or parallel construction, is a balance within one or more sentences of similar phrases or clauses that have the same grammatical structure. Given below is an example which shows a sentence in two forms (parallel in structure and lacking parallelism): Lacking parallelism: Prerna likes cooking, dancing and to sing. Parallel: Prerna likes cooking, dancing and singing.

The use of the preposition 'among' is incorrect in the sentence as the first highlighted word needs to be a verb in order to connect the subject 'Horace Danby' to the remaining part of the sentence. In option a), 'is' cannot replace the word 'among' in the sentence as the sentence is in the past tense evidenced by the word 'lived'. Similarly, the use of 'am' is incorrect with the proper noun 'Horace Danby' as 'am' is used with 'I' only. In option d), the use of 'were' (plural verb) is incorrect as the sentence talks about just one person. Hence, the answer is option c) where 'was'(singular helping verb) and 'worried'(part of the phrase 'worry over' which means 'to be or feel overly concerned about something') fit in the sentence.

The blank requires a noun that can be qualified by the adjective 'heavy' and can meaningfully precede the phrase 'in technology'. Options c) and e) are eliminated as they are verbs. Option d) is eliminated as it is an adjective. Option b) is a noun but it does not grammatically fit the blank. The noun 'adoption' should be followed by the preposition 'of', which is not the case. Thus, option b) is eliminated. Option a) is a noun and meaningfully fits in the blank. The sentence tells that investing in technology is a traditional approach.

Hence, the answer is option a).

PNB MetLife India Insurance Co. Ltd., a prominent life insurer, announced the appointment of Sameer Bansal as Managing Director and Chief Executive Officer, starting July 1, 2024, subject to the necessary regulatory approvals. He joined PNB MetLife in 2007 and currently serves as Chief Distribution Officer and a member of the leadership team.

The Semeru volcano in Indonesia's East Java province erupted five times today, spewing volcanic ash up to 900 meters over its peak, according to the Center for Volcanology and Geological Hazard Mitigation. Authorities have urged people to stay out of the danger zone within a 5 km radius and 13 km southeast of the crater to prevent harm from hot clouds, lava flows.

Shri Kamal Kishore Soan, a senior IAS officer from Jharkhand Cadre (Batch : 1998) currently serving as an Additional Secretary and Director General, Labour Welfare in the Ministry of Labour & Employment, took over the additional charge of Director General of Employees' State Insurance Corporation (ESIC) under Ministry of Labour & Employment, on 31.05.2024.

Ride-hailing startup Rapido has raised a funding of $120 million Capital in its latest Series E funding round led by its existing investor WestBridge, thus making it the latest company to join the coveted unicorn club. The investor poured in the fresh capital through three of its related entities ' Setu AIF Trust, Konark Trust, and MMPL Trust, as per regulatory filings. Rapido is the third Indian startup to become a unicorn this year after fintech Perfios and AI upstart Krutrim. the firm's operating revenue surged 3X to '443 crore during FY23. The steep growth in scale also caused a 54 per cent spike in losses which stood at '675 crore in FY23.

India's central bank sold Rs. 34 billion ($406 million) of bonds in the secondary market, likely to absorb excess cash in the banking system resulting from inflows into the nation's debt after being included in a global index, according to a Bloomberg report. India's banking system liquidity has shifted to a surplus after being in deficit for most of the year, due to government spending post-elections and the central bank's actions. Excess liquidity that banks deposit with the central bank stood at 1.4 trillion rupees, according to a Bloomberg Economics index. India became the 25th market to be included in the index since its inception in June 2005. This inclusion is expected to attract global inflows of $20 billion to $25 billion into the Indian bond market. Market traders are eagerly anticipating the federal budget on Tuesday to assess the government's borrowing strategy for the fiscal year. The government plans to borrow 14.1 trillion rupees through bonds in the financial year that commenced on April 1.

SBI Mutual Fund (SBI MF) made history by becoming the first fund house in the country to achieve the Rs 10 trillion milestone in assets under management (AUM). The industry leader has adeptly navigated the post-pandemic equity boom and capitalised on the increasing awareness of MF investing. It is been driven by the equity market rally and expanding MF investor base. As of April 2024, SBI accounted for Rs 2 trillion of SBI MF's AUM. Over Rs 5 trillion of the AUM was in direct plans, with the remaining Rs 2.2 trillion linked to other distributors. Most other top five fund houses are also backed by leading banks. ICICI Prudential MF, HDFC MF, Nippon India MF, and Kotak MF complete the top five.

The Ministry of Ayush, Government of India and the World Health Organization signed a Donor Agreement during a signing ceremony organized at WHO Headquarters in Geneva 2024. This agreement, outlines the financial terms for implementing the activities of the WHO Global Traditional Medicine Centre (GTMC) in Jamnagar, Gujarat, and was signed by H.E Mr. Arindam Bagchi, Permanent Representative of India to the UN, Geneva, and Dr. Bruce Aylward, Assistant Director-General for Universal Health Coverage and Life Course on behalf of the Ministry of Ayush and WHO respectively. Through this collaboration, the Government of the Republic of India will donate US$ 85 million over 10 years (2022-2032). To support the operations of the WHO Global Traditional Medicine Centre (GTMC) in Jamnagar, Gujarat, India. The Donor agreement recognizes the establishment of the WHO Global Traditional Medicine Centre as a key knowledge hub for evidence-based Traditional Complementary and Integrative Medicine (TCIM) aiming to advance the health and well-being of people and the planet.

A new book chronicling the work and adventures of Sudipta Sengupta, a pioneering geologist-mountaineer and one of the first Indian women to set foot in Antarctica in 1983. "Breaking Rocks and Barriers", published by HarperCollins India, narrates Sengupta's adventures as a geologist studying and doing fieldwork in remote areas across the world. from encounters with snakes in the mines of Bihar and trekking across a 'black glacier' in Norway to being engulfed by a thundercloud in Sweden and being greeted by a flock of penguins in Antarctica. Sengupta was part of the Third Indian Expedition to Antarctica that ran from December 3, 1983, to March 25, 1984.

Number of candidates who learn German language and Italian language together from institute S = 1320
Number of candidates who learn German language from institute S = 880
Number of candidates who learn Italian language from institute S = 1320 - 880 = 440
Similarly, calculating the remaining data:

Required average = (440 + 600)/2 = 520

Let MP of one pant be 100y.

SP of one pant = 100y * (80/100) = 80y

SP of 10 pants = 80y * 10 = 800y

Let MP of 15 pants = 15 * 100y = 1500y

Effective discount rate = [(MP of 15 pants - SP of 10 pants)/ MP of 15 pants] * 100

= [(1500y - 800y)/1500y] * 100 = 47% (approx.)

In University A:

Let number of students who play Hokey, Baseball and Cricket are H, B and C respectively.

H + B = 276 ---(1)

B + C = 252 ---(2)

C + H = 312 ---(3)

Adding equation (1), (2) and (3), we get

2(H + B + C) = 276 + 252 + 312

=> H + B + C = 420 ---(4)

So, from (1) and (4) equations, we get

C = 420 - 276 = 144

And, from (2) and (4), we get

H = 420 - 252 = 168

And, from (3) and (4), we get

B = 420 - 312 = 108

Calculating the remaining data:

Required difference = (188 + 158) - (108 + 118) = 120

In University A:

Let number of students who play Hokey, Baseball and Cricket are H, B and C respectively.

H + B = 276 ---(1)

B + C = 252 ---(2)

C + H = 312 ---(3)

Adding equation (1), (2) and (3), we get

2(H + B + C) = 276 + 252 + 312

=> H + B + C = 420 ---(4)

So, from (1) and (4) equations, we get

C = 420 - 276 = 144

And, from (2) and (4), we get

H = 420 - 252 = 168

And, from (3) and (4), we get

B = 420 - 312 = 108

Calculating the remaining data:

The number of cricket players from A and D together = 144 + 158 = 302

The number of hockey players from B and E together = 124 + 152 = 276

So, required percentage = (302 - 276)/ 276 * 100 = 9.42%

Unit price of all Red coloured tickets = Rs.8

Unit price of all Blue coloured tickets = Rs.15

Monday:

Total tickets sold = 50

Let Red coloured tickets sold = x

Blue coloured tickets sold = (50 - x)

According to question-

(8 * x): [15 * (50 - x)] = 56: 45

x: (50 - x) = 7: 3

3x = 350 - 7x

10x = 350

x = 35

Red coloured tickets sold = x = 35

Total amount collected after selling all the Red coloured tickets = 35 * 8 = Rs.280

Blue coloured tickets sold = (50 - x) = 15

Total amount collected after selling all the Blue coloured tickets = 15 * 15 = Rs.225

Total amount collected after selling both type of tickets = 280 + 225 = 505

Tuesday:

Total amount collected after selling both type of tickets = 835

Total amount collected after selling all the Red coloured tickets = Rs.160

Total amount collected after selling all the Blue coloured tickets = 835 - 160 = Rs.675

Red coloured tickets sold = x = 160/8 = 20

Blue coloured tickets sold = 675/15 = 45

Wednesday:

Let Red coloured and Blue coloured tickets sold is (y + 10) and 'y' respectively.

Total amount collected after selling all the Red coloured tickets = (y + 10) * 8 = (8y + 80)

Total amount collected after selling all the Blue coloured tickets = y * 15 = 15y

According to question-

15y - (8y + 80) = 130

7y = 210

y = 30

Red coloured tickets sold = (y + 10) = 40

Blue coloured tickets sold = y = 30

Total amount collected after selling all the Red coloured tickets = (8y + 80) = Rs.320

Total amount collected after selling all the Blue coloured tickets = 15y = Rs.450

Total amount collected after selling both type of tickets = 320 + 450 = Rs.770

Total Yellow coloured tickets sold = (35 + 15)/2 = 25

Per unit price of Yellow coloured tickets = (8 + 15)/2 = Rs.11.5

Total amount collected after selling all the Yellow coloured tickets = 25 * 11.5 = Rs.287.5

Unit price of all Red coloured tickets = Rs.8

Unit price of all Blue coloured tickets = Rs.15

Monday:

Total tickets sold = 50

Let Red coloured tickets sold = x

Blue coloured tickets sold = (50 - x)

According to question-

(8 * x): [15 * (50 - x)] = 56: 45

x: (50 - x) = 7: 3

3x = 350 - 7x

10x = 350

x = 35

Red coloured tickets sold = x = 35

Total amount collected after selling all the Red coloured tickets = 35 * 8 = Rs.280

Blue coloured tickets sold = (50 - x) = 15

Total amount collected after selling all the Blue coloured tickets = 15 * 15 = Rs.225

Total amount collected after selling both type of tickets = 280 + 225 = 505

Tuesday:

Total amount collected after selling both type of tickets = 835

Total amount collected after selling all the Red coloured tickets = Rs.160

Total amount collected after selling all the Blue coloured tickets = 835 - 160 = Rs.675

Red coloured tickets sold = x = 160/8 = 20

Blue coloured tickets sold = 675/15 = 45

Wednesday:

Let Red coloured and Blue coloured tickets sold is (y + 10) and 'y' respectively.

Total amount collected after selling all the Red coloured tickets = (y + 10) * 8 = (8y + 80)

Total amount collected after selling all the Blue coloured tickets = y * 15 = 15y

According to question-

15y - (8y + 80) = 130

7y = 210

y = 30

Red coloured tickets sold = (y + 10) = 40

Blue coloured tickets sold = y = 30

Total amount collected after selling all the Red coloured tickets = (8y + 80) = Rs.320

Total amount collected after selling all the Blue coloured tickets = 15y = Rs.450

Total amount collected after selling both type of tickets = 320 + 450 = Rs.770

Total Red coloured tickets sold on Wednesday = 40% of (35 + 20 + 40) = 38

Total Blue coloured tickets sold on Wednesday = 30% of (15 + 45 + 30) = 27

Total amount collected after selling both type of tickets = (38 * 8) + (27 * 15) = Rs.709