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Question 1 of 5
1. Question
Globalization has expanded trade, capital flows, and technological diffusion across borders, creating new opportunities for growth and collaboration. Yet, it has also exposed nations to external shocks and policy dependencies that limit their economic sovereignty. A country integrated into global markets must constantly balance openness with self-reliance. While restricting global engagement can stunt development, excessive dependence on external capital or imports can make economies vulnerable to global downturns, currency volatility, or supply-chain disruptions. The real challenge for policymakers, therefore, lies not in rejecting globalization but in shaping it—building domestic capacities while remaining globally competitive and resilient.
Which one of the following statements best reflects the critical message conveyed by the author of the passage?
Correct
Answer: (b)
Explanation:
Option (a) is incorrect: The author explicitly rejects isolationism—“The real challenge lies not in rejecting globalization but in shaping it.” Hence, complete rejection is not advised.
Option (b) is correct: The passage repeatedly warns that “excessive dependence on external capital or imports can make economies vulnerable,” while calling for “balancing openness with self-reliance.” This captures the nuanced caution and balance the author promotes.
Option (c) is incorrect: The passage never suggests globalization benefits all equally; it notes both opportunities and vulnerabilities.
Option (d) is incorrect: The author warns against closing economies, noting that such restrictions can “stunt development.”
Therefore, option (b) best expresses the critical message.Incorrect
Answer: (b)
Explanation:
Option (a) is incorrect: The author explicitly rejects isolationism—“The real challenge lies not in rejecting globalization but in shaping it.” Hence, complete rejection is not advised.
Option (b) is correct: The passage repeatedly warns that “excessive dependence on external capital or imports can make economies vulnerable,” while calling for “balancing openness with self-reliance.” This captures the nuanced caution and balance the author promotes.
Option (c) is incorrect: The passage never suggests globalization benefits all equally; it notes both opportunities and vulnerabilities.
Option (d) is incorrect: The author warns against closing economies, noting that such restrictions can “stunt development.”
Therefore, option (b) best expresses the critical message. -
Question 2 of 5
2. Question
With reference to the above passage, the following assumptions have been made:
I. Economic globalization, if left unregulated, can undermine a country’s control over its own policies and resources.
II. The benefits of globalization can be sustained only through stronger domestic capacity and resilience.Which of the above assumptions is/are valid?
Correct
Answer: (c)
Explanation:
Assumption I is correct: The passage notes that nations face “policy dependencies that limit their economic sovereignty,” implying that unregulated globalization can erode policy control.
Assumption II is correct: The author concludes that the key challenge is to “build domestic capacities while remaining globally competitive and resilient,” showing that internal strength sustains the benefits of global integration.
Hence, both assumptions are valid, making option (c) correct.Incorrect
Answer: (c)
Explanation:
Assumption I is correct: The passage notes that nations face “policy dependencies that limit their economic sovereignty,” implying that unregulated globalization can erode policy control.
Assumption II is correct: The author concludes that the key challenge is to “build domestic capacities while remaining globally competitive and resilient,” showing that internal strength sustains the benefits of global integration.
Hence, both assumptions are valid, making option (c) correct. -
Question 3 of 5
3. Question
Consider the following statements:
I. There exists a natural number which when doubled still remains a perfect square.
II. There exists a natural number which when tripled still remains a perfect cube.
Which of the statements given above is/are correct?Correct
Answer: (c)
Explanation:
For Statement I, suppose the natural number is . We want to be a perfect square. So, let , which gives . For to be a whole number, must be even, which happens if is even. Let . Then , which is a natural number. For example, if , , and . Hence, statement I is true.For Statement II, we want to be a perfect cube. Let , so . For to be an integer, must be divisible by 3, which means is a multiple of 3. Let . Then , a natural number. For example, if , , and . Hence, statement II is also true.
Incorrect
Answer: (c)
Explanation:
For Statement I, suppose the natural number is . We want to be a perfect square. So, let , which gives . For to be a whole number, must be even, which happens if is even. Let . Then , which is a natural number. For example, if , , and . Hence, statement I is true.For Statement II, we want to be a perfect cube. Let , so . For to be an integer, must be divisible by 3, which means is a multiple of 3. Let . Then , a natural number. For example, if , , and . Hence, statement II is also true.
-
Question 4 of 5
4. Question
At the end of one year, what is the ratio of profits of M and N (after paying M a manager’s commission of 10% of the total profit)?
I. M invested ₹90,000 for the whole year and is the working partner entitled to 10% commission on total profit.
II. N invested ₹1,20,000 for 9 months.
III. The total profit was ₹1,80,000.Which of the following is correct?
Correct
Answer: (a)
Explanation:
Commission = 10% of total profit = a fixed fraction of total profit. Let total profit = T.
Capital–months:
M = 90,000 × 12 = 10,80,000;
N = 1,20,000 × 9 = 10,80,000 → ratio from the balance is 1 : 1.
After paying commission 0.10T to M, the remaining 0.90T is shared equally: each gets 0.45T from the balance.
So final shares are: M = 0.10T + 0.45T = 0.55T, N = 0.45T → ratio 11 : 9, which is independent of T.
Hence I and II suffice; III is not required.Incorrect
Answer: (a)
Explanation:
Commission = 10% of total profit = a fixed fraction of total profit. Let total profit = T.
Capital–months:
M = 90,000 × 12 = 10,80,000;
N = 1,20,000 × 9 = 10,80,000 → ratio from the balance is 1 : 1.
After paying commission 0.10T to M, the remaining 0.90T is shared equally: each gets 0.45T from the balance.
So final shares are: M = 0.10T + 0.45T = 0.55T, N = 0.45T → ratio 11 : 9, which is independent of T.
Hence I and II suffice; III is not required. -
Question 5 of 5
5. Question
Consider the following question and statements
Question: What is the rate of simple interest per annum?
Statements:
I. The interest on ₹4,000 for 2 years is ₹640.
II. The total amount after 2 years is ₹4,640.Which of the following is correct with respect to above
Correct
Answer: (a)
Explanation:
Statement I alone:
Interest = ₹640, Principal = ₹4,000, Time = 2 years.
Rate = (100 × 640) / (4000 × 2) = 8%.
Hence, sufficient.Statement II alone:
Amount = ₹4,640, Time = 2 years, but Principal not explicitly given.
Without knowing the principal, rate cannot be determined.
Hence, not sufficient.Directions for the following 4 (four) items:
Read the following two passages and answer the items that follow the passages. Your answers to these items should be based on the passages only.
Incorrect
Answer: (a)
Explanation:
Statement I alone:
Interest = ₹640, Principal = ₹4,000, Time = 2 years.
Rate = (100 × 640) / (4000 × 2) = 8%.
Hence, sufficient.Statement II alone:
Amount = ₹4,640, Time = 2 years, but Principal not explicitly given.
Without knowing the principal, rate cannot be determined.
Hence, not sufficient.Directions for the following 4 (four) items:
Read the following two passages and answer the items that follow the passages. Your answers to these items should be based on the passages only.
