IRDAI Assistant Manager Mock Test - 5 - Insurance Exams MCQ

The age as on 5^th June 2018 will be:

• R was 20 years elder to W
• Nobody was born between R and V

W was not the youngest person and P was not the eldest person, thus, case 2 is invalid.

• Difference between the age of P and W was twice as that of the difference between the age of V and S

• Only 2 persons were born between T and U. T was elder to U. Thus, case 1 becomes invalid.

The final table is as follows:

Three persons were born before R.

As no meaningful word can be formed from the given word the option is Z.

The 2^nd, 4^th, 6^th,9^th letters are e,e,o,t. We can check for meaningful words.

Here there are no meaningful words.

We have:

"Made Same Better Food Menu" -------- "xm zx fd ed gm".

"Same Food Price Value Least" -------- "pj vd gm fd rf".

"Better Sale Made Least Effort" -------- "ot md ed xm vd".

"Same Change Keep Price Least" -------- "fd vd ls nu rf".

"Change Menu Price Effort Sale" -------- "ls zx rf md ot".

We can decode above statements as follow:

"Made Same Better Food Menu" -------- "xm zx fd ed gm".

"Same Food Price Value Least" -------- "pj vd gm fd rf".

"Better Sale Made Least Effort" -------- "ot md ed xm vd".

From above given three statements we have:

Made/Better ® xm/ed (not necessary in same order)

Same/Food ® fd/gm (not necessary in same order)

Menu ® zx

Least ® vd

Price/Value ® pj/rf (not necessary in same order)

Sale/Effort ® ot/md (not necessary in same order)

After combining above results with remaining statements we have:

Made/Better ® xm/ed (not necessary in same order)

Same/Food ® fd/gm (not necessary in same order)

Menu ® zx

Least ® vd

Price/Value ® pj/rf (not necessary in same order)

Sale/Effort ® ot/md (not necessary in same order)

"Same Change Keep Price Least" -------- "fd vd ls nu rf".

"Change Menu Price Effort Sale" -------- "ls zx rf md ot".

After decoding above statements we have:

Menu ® zx

Least ® vd

Same ® fd

Food ® gm

Price ® rf

Value ® pj

Change ® ls

Keep ® nu

Made/Better ® xm/ed (not necessary in same order)

Sale/Effort ® ot/md (mot necessary in same order)

We have:
"Made Same Price Above Rate" is coded as "xm ok fd mw rf".

"Sale Menu Rate Better Food" is coded as "ot gm ed zx ok".

Made/Better ® xm/ed (not necessary in same order)

Sale/Effort ® ot/md (mot necessary in same order)

Same ® fd

Food ® gm

Price ® rf

Menu ® zx

After decoding above statements we have:

Same ® fd

Food ® gm

Price ® rf

Sale ® ot

Effort ® md

Made ® xm

Better ® ed

Menu ® zx

Rate ® ok

Above ® mw

Thus, "Better Rate Effort" is coded as "ed ok md".

Hence, option (D) is correct choice.

• The number of persons who solved more questions than R was twice as that of the number of persons who solved more questions than U

• P solved more questions than Q but less than that solved by R

• T solved more questions than P, but did not solve the maximum number of questions

R>P>Q; T>P

Thus, 2^nd arrangement becomes invalid as at least 2 persons solved lesser number of questions than R

• The one who solved the 2^nd highest number of questions solved 57 questions

• The difference between the number of questions solved by P and U was 34

Thus, the final sequence will be as follows:

Q solved lesser number of questions than that solved by P, thus, he could have solved 21 questions

From the given statements, the Venn diagram is:

I. All walls can be projectors: Here, no wall is screen and some projectors are screen. So, some projectors which are not screen can be walls. Thus, there is a possibility that all walls are projectors. So, conclusion I follows.

II. Some displays are not screens: Here, some displays are walls and no wall is screen. Thus, some displays which are walls are not screen. So, conclusion II follows.

Statement I talks about 'deciphering (succeed in understanding, interpreting) genome'; statement II talks about 'uncertainty about understanding'. Thus, a connector is required that can express this contrast evident in the given statements.

'Therefore' - used to express 'as a result of the reason mentioned'.

'In spite of' - used to express contrast between stated ideas.

'While' - used to express contrast between stated ideas.

'Additionally' - used to add on to the stated idea or introduce a new fact.

'Because' - used to introduce the reason for the effect stated earlier.

With this information, options (a), (d) and (e) can be negated.

'In spite of' needs to be immediately followed by a gerund (preposition needs to be followed by a gerund); and since neither of the statements begins with a gerund, using 'in spite of' to connect these statements would be incorrect grammatically.

'While' fits just fine at the beginning of the first statement and connects the given statements perfectly - 'While we have deciphered the genome in that we have written it all down, we aren't at all sure which parts do what, as noted before.' - resulting in a meaningful idea.
Hence, option c) is correct.
Note: Gerund: Gerund is a verb form that functions as a noun, ending in -ing. A gerund can be either the subject or object of a sentence in English.
Example: "Everybody enjoyed her dancing and singing at the party." The words 'dancing' and 'singing' are gerunds.

The correct order to form a coherent paragraph is BCDA. Sentence B serves as an introduction, providing an overview of sleep problems and their impact on normal sleep patterns. Following the introduction of sleeping problems, sentence C delves into the details of insomnia, one of the most prevalent sleep disorders, explaining its characteristics such as difficulty falling asleep or staying asleep, and the associated symptoms of fatigue and irritability. Sentence D advances the paragraph by discussing sleep apnea, a common issue characterised by interrupted breathing during sleep, leading to frequent awakenings and a lack of restorative sleep. Sentence A concludes the paragraph by mentioning additional conditions like restless leg syndrome or periodic limb movement disorder, explaining how they cause discomfort and involuntary movement during sleep, ultimately contributing to sleep disturbances and dissatisfaction. In this logical progression, the paragraph starts with a general overview of sleeping problems, delves into specific sleep disorders like insomnia and sleep apnea, and ends by mentioning other conditions contributing to sleep disturbances, resulting in a coherent and comprehensive discussion about various sleep-related issues. Hence, (e) is the correct answer.

The statement in option (b) is incorrect. The use of the preposition 'towards' renders the sentence meaningless; the preposition 'towards' (in the direction of; getting closer or being close to something, etc.) is not used in combination with 'training'. The preposition 'to' [identifying the person or thing affected by or receiving something] should have been used here instead. Hence, option (b) is the correct answer.

Option c) is the correct answer. Both I and II are mentioned in the last sentence of the opening paragraph and III is mentioned in the 2^nd sentence of the 2^nd paragraph.

The passage mentions: "Sun King Louis XIV boasted the longest reign in European history at 74 years. Emperor Hirohito of Japan presided for 64 years and Cuba's Fidel Castro for 49 years. Only when Queen Elizabeth II passed after a 70-year rule did 73-year-old Charles inherit the crown." (Paragraph 2) From the reference, we can see that Sun King Louis XIV, Fidel Castro and Queen Elizabeth II are mentioned. Only Queen Victoria is not mentioned, throughout the passage. Hence, (c) is the correct answer.

The passage states "Another reason we cling on is that we can't see how the future will unfold, and we catastrophize. "What if I don't get another job?" "What if I hate retirement?" "What if I end up alone?" We dread the uncertainty. The delusion of certainty beats the dilemma of certain doubt. The delusion of certainty beats the dilemma of certain doubt." (Paragraph 2) This statement indicates that in response to ambiguity and apprehension about the future, people often cling to the illusion of certainty rather than facing uncertainty (doubt).

II: The passage does not explicitly mention logical deliberation as a response; instead, it highlights how people often react irrationally, succumbing to biases and fear.

III: The passage does not focus on emotional fortitude; rather, it describes emotional reactions like fear of uncertainty and loss of identity.

Fortitude: strength of mind that enables a person to encounter danger or bear pain or adversity with courage.

IV: The passage does not emphasize strategic foresight; it instead focuses on the difficulty of facing uncertain futures and how people often avoid them.

Hence, (e) is the correct answer.

The passage states, "The smarter the individual, the more compelling the arguments in a cycle of delusion." (Paragraph 1) This sentence indicates that highly intelligent individuals intensify the cycle of delusion through their ability to create compelling and convincing rationalizations.

No option other than (b) gives the same explanation. Hence, (b) is the correct answer.

Statement I is talking about burglar alarms and locks. In contrast to it, statement II is talking about determined thieves who somehow still gain access. 'In spite of' and 'despite' have similar meanings as they express a contrast between two things. 'Because' is used to introduce a word or phrase that stands for a clause expressing an explanation or reason. This is irrelevant to the context of the sentences. Here, 'in spite of' and 'despite' are the correct choices. The sentences so formed are as follows.

Despite burglar alarms and window locks, homes are never impregnable against determined thieves; they always find some way or the other to gain access to the house that they want to.

In spite of burglar alarms and window locks, homes are never impregnable against determined thieves; they always find some way or the other to gain access to the house that they want to.

Hence, option (d) is the correct choice.

The errors are in (A) and (B).

(A)- The adverb 'hardly' should be replaced by the adjective 'hard' in order to correctly modify the pronoun 'it'.

(B)- The noun 'icon' should be replaced by the adjective 'iconic' in order to correctly modify the noun 'paper'. Option C is the correct answer.

The errors are in (C) & (D).

(C)- The past tense verb 'appointed' should replace the base verb 'appoint' as the sentence talks about a commission and tells us that it was appointed by some organisation.

(D)- the use of 'off' is incorrect here. 'Of' is a preposition that indicates relationships between other words, such as belonging, things made of other things, things that contain other things, or a point of reckoning. 'Off' is usually used as an adverb or a preposition. In both cases, it indicates separation or disconnection. Option D is the correct answer.

Indigenously developed Automatic Train Protection (ATP) system Kavach deployed on 1465 Route km and 144 locomotives on South Central Railway. Kavach is an indigenously developed Automatic Train Protection (ATP) system and a highly technology-intensive system, which requires safety certification of the highest order. Kavach aids the loco pilot in train running within specified speed limits by automatic application of brakes in case Loco Pilot fails to do so and also helps the train safely run during inclement weather.Kavach has been certified for highest level of Safety Integrity Level -SIL4 by Independent Safety Assessor and reduces the probability of train collisions in block sections Kavach has so far been deployed on 1465 Route km and 144 locomotives (including Electric Multiple Unit rakes) on the South Central Railway. Further, the Detailed Project Report (DPR) and Detailed Estimate on another 6000 RKms are approved on Indian Railways. To increase capacity and scale up implementation, trials of more OEMs are at different stages. Kavach 4.0- On 16.07.2024, Kavach 4.0 specification was approved by Research Design and Standards Organisation (RDSO). This version covers all the major features required for the diverse railway network. The funds utilized on Kavach so far is Rs 1216.77 Cr and the allocation of funds during the year 2024-25 stands at Rs 1112.57 Cr. ,Funds for Kavach is used for Kavach only.

Bharti Airtel Foundation has announced a scholarship programme to support students pursuing technology-based engineering undergraduate courses and integrated programs in the top 50 National Institutional Ranking Framework (NIRF) (Engineering) colleges, including IITs. The foundation is the philanthropic arm of Bharti Enterprises and is commemorating its 25th anniversary. This merit-cum-means based Scholarship Program will cover students from diverse socio-economic backgrounds, with a focus on girl students. This will be applicable to students eligible for admissions in August 2024. "Starting this year with 250 students, the Program is designed to scale up incrementally with its successful implementation through each cohort. The ambition is to expand reach to 4,000 scholars with an outlay of Rs 100 crore per year as the Program reaches its peak," the Foundation said in a statement. The fully funded scholarship is envisaged to dissolve the financial barriers that hinder access to quality education for meritorious students, especially those from disadvantaged backgrounds. It will be provided to students with an annual family income not exceeding Rs 8.5 lakh. It will focus on undergraduate and integrated courses in the fields of Electronics & Communication, Telecom, Information Technology, Computer Sciences, and Data Sciences at the top 50 NIRF (Engineering) colleges. Artificial Intelligence, Internet of Things, etc will also cover om this.

Nokia CEO Pekka Lundmark made a phone call using a new technology called "immersive audio and video" that improves the quality of a call with three-dimensional sound, making interactions more lifelike. The call was held with Stefan Lindstrom, Finland's Ambassador of Digitalisation and New Technologies. Current smartphone calls are monophonic which compresses audio elements together and sound flatter and less detailed, but the new technology will bring 3D audio where a caller will hear everything as if they were there with the other person. Nokia made the call using a regular smartphone over a public 5G network. The technology is part of the upcoming 5G Advanced standard and Nokia aims to get licensing opportunities with the technology which would likely take a few years to be available widely. A vast majority of smartphones have at least two microphones with which this technology can be implemented by transmitting in real time the spatial characteristics of a call.

In June 2024, Punjab National Bank's board approved the initiation of the process for divesting 10 percent shareholding in its associate company Canara HSBC Life Insurance through an initial public offering (IPO) route. As of June 2024, PNB holds a 23 percent stake in Canara HSBC Life Insurance. According to the exchange filing made, The Board in its meeting has accorded its approval for initiating the process of diluting a 10 percent stake of the Bank in Canara HSBC Life Insurance Company, an associate company of the bank, by listing the company in Stock Exchanges (BSE/NSE) through Initial Public Offer (IPO). The same shall be subject to regulatory approvals.

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the export of India's first ready-to-drink fig juice, made from GI-tagged Purandar Figs, to Poland. This milestone shipment, flagged off by Chairman APEDA, Shri Abhishek Dev in the presence of all stakeholders, departed on August 1, 2024, via Hamburg port in Germany. This event marks a significant achievement in promoting India's unique agro-products on the global stage. Since the first export of fresh GI-tagged Purandar Figs to Hamburg in 2022, APEDA has worked closely with smallholder farmers. The product, which has been granted a provisional patent, represents a significant innovation in the agricultural sector. Purandar figs are grown in the Purandar taluka of Maharashtra's Pune district. The figs are known for their size, sweet taste, and nutritional benefits, and are considered one of India's best figs.

Shri Kiren Rijiju, Union Minister of Minority Affairs launched the Jiyo Parsi scheme Portal. Shri George Kurian, Minister of State for Ministry of Minority Affairs, Shri Iqbal Singh Lalpura, Chairman NVM, and Shri Kersi Kaikhushroo Deboo, Vice-Chairperson, National Commission for Minorities, and other dignitaries also graced the occasion. The Jiyo Parsi scheme is a unique Central Sector Scheme implemented by the Ministry of Minority Affairs to reverse the declining trend of the Parsi population by adopting a scientific protocol and structured interventions and to stabilize their population. The scheme provides financial assistance to Parsi Couples for medical treatment under standard medical protocol and towards childcare and assistance to dependent elderly. Since its inception, the scheme has supported more than 400 Parsi children so far. The Minister said that a web Portal for this unique scheme would enable more Parsi Couples to take advantage.

The Uttarakhand Government's Department of Health and Family Welfare has launched a portal called eSwasthya Dham. eSwasthya Dham portal helps in monitoring the Char Dham Yatra pilgrim's health parameters. It ensures the smooth journey of pilgrims visiting Yamunotri, Gangotri, Kedarnath, and Badrinath together called as the Char Dham Yatra. Union Health Ministry said in a release that the eSwasthya Dham portal provides a range of benefits to the pilgrims and one of them is the generation of ABHA. Pilgrims can easily create their ABHA 14-digit number at the eSwasthya Dham portal in a couple of minutes. Till date, over 65 crore ABHA have already been created. ABHA comes with several benefits for citizens including storing and managing their health records safely. It also allows them to share their health records securely with a doctor anytime and anywhere with their consent. Through ABHA citizens can avail several digital health benefits from avoiding the long queues at healthcare facilities for registration to facilitating doctor appointments.

In a major boost to the domestic MRO industry and to the aviation sector, the Government has announced that a uniform rate of 5% IGST will apply to imports of Parts components, testing equipment, tools and tool-kits of aircraft, irrespective of their HSN classification subject to specified conditions. The Government has taken several steps to facilitate setting up of aircraft Maintenance, Repair and Overhaul (MRO) services in India through various policy, regulatory and other incentives which include:

i. As part of the announcements made in Union Budget 2024-25, the period for export of goods imported for repairs has been extended from six months to one year.

ii. New MRO Guidelines announced on 1st Sep, 2021 inter alia abolish royalties and build in transparency and certainty in land allotments for MROs in AAI airports.

iii. GST on MRO has been reduced from 18% to 5% with full Input Tax Credit from 1st April 2020.

iv. Transactions sub-contracted by foreign original equipment manufacturers to domestic MRO are treated as 'exports' with zero-rated GST from 1st April, 2020

v. Exempted Customs Duty on tools and tool kits

vi. Simplified clearance processing of parts vii. 100% Foreign Direct Investment permitted via automatic route for MRO

The Reserve Bank of India (RBI) said it has imposed a penalty of Rs 2.68 crore on UCO Bank for contravention of certain provisions, including on opening of current accounts, interest rate on deposits and frauds classification. The RBI has also imposed a penalty of Rs 2.1 lakh on Cent Bank Home Finance Ltd for non-compliance with certain provisions of KYC directions.

India's financial capital Mumbai emerged as the 'billionaire capital of Asia' with more billionaires than China's capital Beijing, as per the 2024 Hurun India Rich List. Mumbai saw an increase of 58 billionaire individuals, taking its total to 386 on the list. The Hurun list noted, "Home to 25% of the list - Mumbai is not only the billionaire capital of Asia, overtaking Beijing but also the preferred city for Hurun India Rich Listers, followed by New Delhi and Hyderabad. Among top cities, Mumbai is followed by Delhi, which has added 18 new billionaires, taking its rich list entries to 217. Hyderabad surpassed Bengaluru for the first time to take the third position in the number of wealthy residents. A surge of 17 new billionaires took the total number in Hyderabad to 104 which is followed by Bengaluru at the fourth position with 100 wealthy individuals. Other cities top 10 are Chennai (82), Kolkata (69), Ahmedabad (67), Pune(53), Surat (28) and Gurugram (23). Now, Mumbai is in third position globally in terms of billionaires after New York (119) and London (97). Mumbai is now home to 92 billionaires compared to Beijing's count of 91. India's financial capital added 26 new ultra-rich individuals having a total wealth of $445 billion to the club at the same time when China's capital city lost 18.

Mankind Pharma has entered into a definitive agreement to acquire a 100 percent stake in Bharat Serums and Vaccines (BSV) from private equity firm Advent International for an enterprise value of Rs 13,630 crore. The company was set up in 1971 with Vinod Daftary opening a blood bank and eventually launching an injectable for expecting mothers.

Logic for the given series:

1.5 x 2 = 3

3 x 5 = 15

15 x 8 = 120

120 x 11 = 1320

1320 x 14 = 18480

Hence, wrong term = 330

From I:

Total farmers = 46

Number of farmers that are rich people = 46 - 18 - 10 = 18

Statement I alone is sufficient.

From II:

Number of farmers that are rich people = 12 + 6 = 18

Statement II alone is sufficient.

With path :

Breadth becomes = 45 + 3 * 2 = 51 meters

Length becomes = 60 + 5 * 2 = 70 meters

Area of the path = 70 * 51 - 60 * 45 = 870 m²

Cost = 870 * 30 = Rs. 26100

Speed of Train A = (Length of Train A + 200)/ 25 .. (i)

Speed of Train A = (Length of Train A + 320)/28 ... (ii)

From (i) and (ii)

Length of train A = 800 m

Speed of Train A = (800 + 200)/25 = 40 m/s

(Length of train B + 180)/ 26 = Speed of Train B

140 = (Length of Train B + 800)/ (40 - speed of Train B)

140 = (Length of Train B + 800)/ (40 - Length of Train B/26 - 180/26)

70 * (860 - Length of Train B) = 13 * (Length of Train B + 800)

Length of Train B = 600 m

Speed of Train B = (600 + 180)/26 = 30 m/s