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Bank PO :: Test No 67
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1 .

Direction (Q. 1-2): Read the following information carefully and answer the questions given below:
Following are the criteria for the selection of the President of a private limited company: 
I. The candidate must hold at least 5% of company's shares.
II. The candidate must have served the company for at least three years.
III. The candidate should not be less than 40 years of age.
IV. The candidate must have been in the Board of Directors of the company for the last five years.
V The candidate should be holding a post not less than that of DGM.
If a candidate fulfils all these criteria, he may be selected as the President of the company. However, if a candidate fulfils all other crtieria except
(a) IV above, but has an MBA degree, his case may be referred to the Annual General Meeting (AGM) of shareholders.
(b) II above, his case may be referred to the Board of Directors.
Based on the above criteria and the information given in each of the following questions, you have to decide in each case. You are not to assume anything. If anything is missing to take decisions your answer will be 'data inadequate'.
41-year-old Anand Chakravarthy is an MBA from Oxford. He has been a Chief GM of the company for the last four years and he holds 9% stake in the company. He has been in the Board of Directors for the past three years.

A.    If to be selected for the post of President. B.    If not to be selected for the post of President.
C.    If data are inadequate. D.    If the case may be referred to the AGM of shareholders.
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2 .

Shafique is an MBA. He has recently completed 40. He is the GM and has been in the Board of Directors for the last two-and-a-half years. He has 10% stake in the company.

A.    If to be selected for the post of President. B.    If not to be selected for the post of President.
C.    If data are inadequate. D.    If the case may be referred to the Board of Directors.
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3 .

Direction (Q. 3-7): Below is given a passage followed by several possible inferences which can be drawn from the facts stated in the passage. Vou have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
The Green Revolution of the Sixties had taken place only in rich natural-resources areas like Punjab. Dryland and resource-poor areas have remained largely untouched by the Green Revolution process. Further, advocates of the Green Revolution have not constructively reacted to the social concerns over the high use of expensive pesticides and fertilizers during the Green Revolution which have harmed both human health and natural environment. The focus was only on two factors — the type of input and quantity of the harvest. It did not attempt to "create a coherent and stable whole" in agriculture.

There are no other alternatives to boost agricultural production except the methods of Green Revolution.

A.    if the inference is definitely true, ie it properly follows from the statement of facts given. B.    if the inference is probably true though not definitely true in the light of the facts given.
C.    if the data are inadequate, ie from the facts given you cannot say whether the inference is likely to be true or false. D.    if the inference is probably false though not definitely false in the light of the facts given.
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4 .

The process of Green Revolution suits financially sound farmers only.

A.    if the inference is definitely true, ie it properly follows from the statement of facts given. B.    if the inference is probably true though not definitely true in the light of the facts given.
C.    if the data are inadequate, ie from the facts given you cannot say whether the inference is likely to be true or false. D.    if the inference is probably false though not definitely false in the light of the facts given.
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5 .

States other than Punjab lack natural resources.

A.    if the inference is definitely true, ie it properly follows from the statement of facts given. B.    if the inference is probably true though not definitely true in the light of the facts given.
C.    if the data are inadequate, ie from the facts given you cannot say whether the inference is likely to be true or false D.    if the inference is probably false though not definitely false in the light of the facts given.
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6 .

Use of fertilizers for food production is detrimental to health.

A.    if the inference is definitely true, ie it properly follows from the statement of facts given. B.    if the inference is probably true though not definitely true in the light of the facts given.
C.    if the data are inadequate, ie from the facts given you cannot say whether the inference is likely to be true or false. D.    if the inference is probably false though not definitely false in the light of the facts given.
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7 .

Literacy of farmers plays an important role in ensuring the success of agricultural schemes.

A.    if the inference is definitely true, ie it properly follows from the statement of facts given. B.    if the inference is probably true though not definitely true in the light of the facts given.
C.    if the data are inadequate, ie from the facts given you cannot say whether the inference is likely to be true or false. D.    if the inference is probably false though not definitely false in the light of the facts given.
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8 .

Direction (Q. 8-10): In each question below is given a statement followed by two assumptions numbered I a n d II.  An assumption is something supposed or taken for granted .You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
Statement: "Imparting greater economic value to the time and labour of the poor through technological and knowledge empowerment should receive priority." — An economist's opinion
Assumptions: I. The poor get very little wages for their labour.
II. Only the iipliftment of the poor can enhance the economy of a country.

A.    if only assumption I is implicit. B.    if only assumption II is implicit.
C.    if either I or II is implicit. D.    if neither I nor II is implicit.
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9 .

Statement : "International players are role models and set examples by their actions on the field. Whatever we do on field makes impact on younger generation." — Zimbabwean captain Heath Streak
Assumptions: I. International players should be cautious in their approach.
II. Most of the international players lack good behaviour on the field.

A.    if only assumption I is implicit. B.    if only assumption II is implicit.
C.    if either I or II is implicit. D.    if neither I nor II is implicit.
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10 .

Statement : While there is a stampede among politicians to claim credit for anything going right, there is no one to take responsibility for implementing unpopular decisions, especially when the risk involves losing votes.
Assumptions: I. Credibility is more important than actual work for the politicians.
II. Politicians work more for their own benefit than for society.

A.    if only assumption I is implicit. B.    if only assumption II is implicit.
C.    if either I or II is implicit. D.    if both 1 and II are implicit.
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