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LIC AAO/SBI PO Pre Mini Mock-45

Attempt now to get your rank among 2019 students!

Question 1

Direction: Read the passage carefully and answer the following questions. Some words are printed in bold to help you locate them while answering question(s). 
Demonetization represents much more than destabilization; critics argue that it has struck a body blow on economic activity in India. While the pros and cons of the measure still continue to be debated, the consensus of opinion appears to be that while the proponents of demonetization may have had good intentions, the suffering it has caused to millions of Indians is unwarranted. According to Singh, Modi took “a bold, even visionary, step” with demonetization in attempting to combat the black economy and counterfeiting, and cutting financial support to terrorism. “What was always key, however, was how well the implementation process would unfold,” he notes. “Even supporters of the decision would say that the implementation was far from perfect.”
Part of the problem with demonetization was that it came as a bolt from the blue; the government claimed giving advance notice would have defeated its purpose. But not everyone agrees with that view. “There was no need for secrecy,” counters Jayati Ghosh, a professor of social sciences at Jawaharlal Nehru University. In another twist, the government appears to be no longer pushing demonetization as a “cashless” plan. It has now become a “less-cash” strategy. That is as it should be; the world doesn’t have a cashless economy so far. In India, Bloomberg data shows the share of cash in the volume of consumer transactions is 98% (against 55% in the U.S. and 48% in the U.K.). It is 90% in China and 86% in Japan. Much of the cash transactions are in rural India. So, expectedly, life came to a near standstill and much misery ensued when people found themselves unable to use their own money. Even when the money was in a bank account, limits on ATM withdrawals compounded the problem further.
But India is also a country where finding novel, workable solutions to problems – commonly known as jugaad — is par for the course. While long lines multiplied in front of banks and ATMs (several people claimed to have had heart attacks while standing in them), ways were found to deal with the situation. By December 31, the visible impact was a Parliament at near paralysis as politicians took potshots at each other, a plethora of banking riches coming back into the system (some 90% of the Rs500 and Rs1,000 notes were returned), and a host of new scams to convert black money into white with the connivance of bankers and politicians.
Source: Wharton.University of Pennsylvania
What is the main purpose of the passage ?

Question 2

Direction: Read the passage carefully and answer the following questions. Some words are printed in bold to help you locate them while answering question(s). 
Demonetization represents much more than destabilization; critics argue that it has struck a body blow on economic activity in India. While the pros and cons of the measure still continue to be debated, the consensus of opinion appears to be that while the proponents of demonetization may have had good intentions, the suffering it has caused to millions of Indians is unwarranted. According to Singh, Modi took “a bold, even visionary, step” with demonetization in attempting to combat the black economy and counterfeiting, and cutting financial support to terrorism. “What was always key, however, was how well the implementation process would unfold,” he notes. “Even supporters of the decision would say that the implementation was far from perfect.”
Part of the problem with demonetization was that it came as a bolt from the blue; the government claimed giving advance notice would have defeated its purpose. But not everyone agrees with that view. “There was no need for secrecy,” counters Jayati Ghosh, a professor of social sciences at Jawaharlal Nehru University. In another twist, the government appears to be no longer pushing demonetization as a “cashless” plan. It has now become a “less-cash” strategy. That is as it should be; the world doesn’t have a cashless economy so far. In India, Bloomberg data shows the share of cash in the volume of consumer transactions is 98% (against 55% in the U.S. and 48% in the U.K.). It is 90% in China and 86% in Japan. Much of the cash transactions are in rural India. So, expectedly, life came to a near standstill and much misery ensued when people found themselves unable to use their own money. Even when the money was in a bank account, limits on ATM withdrawals compounded the problem further.
But India is also a country where finding novel, workable solutions to problems – commonly known as jugaad — is par for the course. While long lines multiplied in front of banks and ATMs (several people claimed to have had heart attacks while standing in them), ways were found to deal with the situation. By December 31, the visible impact was a Parliament at near paralysis as politicians took potshots at each other, a plethora of banking riches coming back into the system (some 90% of the Rs500 and Rs1,000 notes were returned), and a host of new scams to convert black money into white with the connivance of bankers and politicians.
Source: Wharton.University of Pennsylvania
Why does the author refer demonetization as unwarranted?

Question 3

Direction: Read the passage carefully and answer the following questions. Some words are printed in bold to help you locate them while answering question(s). 
Demonetization represents much more than destabilization; critics argue that it has struck a body blow on economic activity in India. While the pros and cons of the measure still continue to be debated, the consensus of opinion appears to be that while the proponents of demonetization may have had good intentions, the suffering it has caused to millions of Indians is unwarranted. According to Singh, Modi took “a bold, even visionary, step” with demonetization in attempting to combat the black economy and counterfeiting, and cutting financial support to terrorism. “What was always key, however, was how well the implementation process would unfold,” he notes. “Even supporters of the decision would say that the implementation was far from perfect.”
Part of the problem with demonetization was that it came as a bolt from the blue; the government claimed giving advance notice would have defeated its purpose. But not everyone agrees with that view. “There was no need for secrecy,” counters Jayati Ghosh, a professor of social sciences at Jawaharlal Nehru University. In another twist, the government appears to be no longer pushing demonetization as a “cashless” plan. It has now become a “less-cash” strategy. That is as it should be; the world doesn’t have a cashless economy so far. In India, Bloomberg data shows the share of cash in the volume of consumer transactions is 98% (against 55% in the U.S. and 48% in the U.K.). It is 90% in China and 86% in Japan. Much of the cash transactions are in rural India. So, expectedly, life came to a near standstill and much misery ensued when people found themselves unable to use their own money. Even when the money was in a bank account, limits on ATM withdrawals compounded the problem further.
But India is also a country where finding novel, workable solutions to problems – commonly known as jugaad — is par for the course. While long lines multiplied in front of banks and ATMs (several people claimed to have had heart attacks while standing in them), ways were found to deal with the situation. By December 31, the visible impact was a Parliament at near paralysis as politicians took potshots at each other, a plethora of banking riches coming back into the system (some 90% of the Rs500 and Rs1,000 notes were returned), and a host of new scams to convert black money into white with the connivance of bankers and politicians.
Source: Wharton.University of Pennsylvania
What does the author mean when he says that the implementation was far from perfect?

Question 4

Direction: Read the passage carefully and answer the following questions. Some words are printed in bold to help you locate them while answering question(s). 
Demonetization represents much more than destabilization; critics argue that it has struck a body blow on economic activity in India. While the pros and cons of the measure still continue to be debated, the consensus of opinion appears to be that while the proponents of demonetization may have had good intentions, the suffering it has caused to millions of Indians is unwarranted. According to Singh, Modi took “a bold, even visionary, step” with demonetization in attempting to combat the black economy and counterfeiting, and cutting financial support to terrorism. “What was always key, however, was how well the implementation process would unfold,” he notes. “Even supporters of the decision would say that the implementation was far from perfect.”
Part of the problem with demonetization was that it came as a bolt from the blue; the government claimed giving advance notice would have defeated its purpose. But not everyone agrees with that view. “There was no need for secrecy,” counters Jayati Ghosh, a professor of social sciences at Jawaharlal Nehru University. In another twist, the government appears to be no longer pushing demonetization as a “cashless” plan. It has now become a “less-cash” strategy. That is as it should be; the world doesn’t have a cashless economy so far. In India, Bloomberg data shows the share of cash in the volume of consumer transactions is 98% (against 55% in the U.S. and 48% in the U.K.). It is 90% in China and 86% in Japan. Much of the cash transactions are in rural India. So, expectedly, life came to a near standstill and much misery ensued when people found themselves unable to use their own money. Even when the money was in a bank account, limits on ATM withdrawals compounded the problem further.
But India is also a country where finding novel, workable solutions to problems – commonly known as jugaad — is par for the course. While long lines multiplied in front of banks and ATMs (several people claimed to have had heart attacks while standing in them), ways were found to deal with the situation. By December 31, the visible impact was a Parliament at near paralysis as politicians took potshots at each other, a plethora of banking riches coming back into the system (some 90% of the Rs500 and Rs1,000 notes were returned), and a host of new scams to convert black money into white with the connivance of bankers and politicians.
Source: Wharton.University of Pennsylvania
According to the passage,which of the following has the lowest share of cash in the volume of consumer transactions?

Question 5

Direction: Read the passage carefully and answer the following questions. Some words are printed in bold to help you locate them while answering question(s). 
Demonetization represents much more than destabilization; critics argue that it has struck a body blow on economic activity in India. While the pros and cons of the measure still continue to be debated, the consensus of opinion appears to be that while the proponents of demonetization may have had good intentions, the suffering it has caused to millions of Indians is unwarranted. According to Singh, Modi took “a bold, even visionary, step” with demonetization in attempting to combat the black economy and counterfeiting, and cutting financial support to terrorism. “What was always key, however, was how well the implementation process would unfold,” he notes. “Even supporters of the decision would say that the implementation was far from perfect.”
Part of the problem with demonetization was that it came as a bolt from the blue; the government claimed giving advance notice would have defeated its purpose. But not everyone agrees with that view. “There was no need for secrecy,” counters Jayati Ghosh, a professor of social sciences at Jawaharlal Nehru University. In another twist, the government appears to be no longer pushing demonetization as a “cashless” plan. It has now become a “less-cash” strategy. That is as it should be; the world doesn’t have a cashless economy so far. In India, Bloomberg data shows the share of cash in the volume of consumer transactions is 98% (against 55% in the U.S. and 48% in the U.K.). It is 90% in China and 86% in Japan. Much of the cash transactions are in rural India. So, expectedly, life came to a near standstill and much misery ensued when people found themselves unable to use their own money. Even when the money was in a bank account, limits on ATM withdrawals compounded the problem further.
But India is also a country where finding novel, workable solutions to problems – commonly known as jugaad — is par for the course. While long lines multiplied in front of banks and ATMs (several people claimed to have had heart attacks while standing in them), ways were found to deal with the situation. By December 31, the visible impact was a Parliament at near paralysis as politicians took potshots at each other, a plethora of banking riches coming back into the system (some 90% of the Rs500 and Rs1,000 notes were returned), and a host of new scams to convert black money into white with the connivance of bankers and politicians.
Source: Wharton.University of Pennsylvania
Choose the option that best gives the meaning of ‘bolt from the blue’.

Question 6

Direction: What approximate value should come in place of question mark (?) in the following question? (note: you are not expected to calculate the exact value)
? = +

Question 7

Direction: What approximate value should come in place of the question marks (?) in the following questions? (Note: you are not expected to calculate the exact value.)

Question 8

Direction: What approximate value will come in place of the question mark (?) in the following question? (You are not expected to calculate the exact value)
1524.79×19.92+495.26=?

Question 9

Direction: What approximate value will come in place of the question mark (?) in the following question? (You are not expected to calculate the exact value)
17.1% of 725 + 12.8% of 643 =?

Question 10

Direction: What approximate value will come in place of the question mark (?) in the following question? (You are not expected to calculate the exact value)
40.012 – 23.982 - ? = 31.972

Question 11

Direction: Study the information given below and answer the questions based on it. 

Eight persons A, B, C, D, E, F, G, and H are sitting around a circular table and facing the center. They like different watches i.e. Titan, Timex, Sonata, Rolex, Rado, Casio, Omega, and Fossil, not necessarily in the same order.

A likes Rolex and C is second to the left of A. One person sits between C and F. B likes Sonata and sits second to the left of F. D is third to the right of B. E likes Casio and second, to the right of D. One person sits between E and G. The one who likes Timex is second to the right of the one who likes Fossil. D doesn’t like Timex. C likes Omega and F doesn’t like Rado.
Who among the following likes Rado?

Question 12

Direction: Study the information given below and answer the questions based on it. 

Eight persons A, B, C, D, E, F, G, and H are sitting around a circular table and facing the center. They like different watches i.e. Titan, Timex, Sonata, Rolex, Rado, Casio, Omega, and Fossil, not necessarily in the same order.

A likes Rolex and C is second to the left of A. One person sits between C and F. B likes Sonata and sits second to the left of F. D is third to the right of B. E likes Casio and second, to the right of D. One person sits between E and G. The one who likes Timex is second to the right of the one who likes Fossil. D doesn’t like Timex. C likes Omega and F doesn’t like Rado.
Which of the following pairs sit opposite to each other?

Question 13

Direction: Study the information given below and answer the questions based on it. 

Eight persons A, B, C, D, E, F, G, and H are sitting around a circular table and facing the center. They like different watches i.e. Titan, Timex, Sonata, Rolex, Rado, Casio, Omega, and Fossil, not necessarily in the same order.

A likes Rolex and C is second to the left of A. One person sits between C and F. B likes Sonata and sits second to the left of F. D is third to the right of B. E likes Casio and second, to the right of D. One person sits between E and G. The one who likes Timex is second to the right of the one who likes Fossil. D doesn’t like Timex. C likes Omega and F doesn’t like Rado.
Who among the following sits to the immediate right of D?

Question 14

Direction: Study the information given below and answer the questions based on it. 

Eight persons A, B, C, D, E, F, G, and H are sitting around a circular table and facing the center. They like different watches i.e. Titan, Timex, Sonata, Rolex, Rado, Casio, Omega, and Fossil, not necessarily in the same order.

A likes Rolex and C is second to the left of A. One person sits between C and F. B likes Sonata and sits second to the left of F. D is third to the right of B. E likes Casio and second, to the right of D. One person sits between E and G. The one who likes Timex is second to the right of the one who likes Fossil. D doesn’t like Timex. C likes Omega and F doesn’t like Rado.
G likes which of the following watch?

Question 15

Direction: Study the information given below and answer the questions based on it. 

Eight persons A, B, C, D, E, F, G, and H are sitting around a circular table and facing the center. They like different watches i.e. Titan, Timex, Sonata, Rolex, Rado, Casio, Omega, and Fossil, not necessarily in the same order.

A likes Rolex and C is second to the left of A. One person sits between C and F. B likes Sonata and sits second to the left of F. D is third to the right of B. E likes Casio and second, to the right of D. One person sits between E and G. The one who likes Timex is second to the right of the one who likes Fossil. D doesn’t like Timex. C likes Omega and F doesn’t like Rado.
Which of the following is true regarding this arrangement?
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