LIC ADO Mains Mock Test 1 Section - ixamBee

LIC ADO Mains Mock Test 1

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The answers along with explanations are given at the end of the question paper

Section: Reasoning Aptitude

Direction (1-5):

Study the following information carefully to answer the given questions.

Eight friends – Chirag, Girish, Lalit, Manish, Parijat, Rakesh, Tanuj and Umesh likes different fruits viz. Apple, Mango, Pear and Banana are sitting around a circular table facing the centre of the table. Each fruit is being liked by two people only, but not necessarily in the same order. All these friends have different laptops i.e. Samsung, Acer, Lenovo, Dell, Micromax, Apple, Sony, and Toshiba.

(i)No two people likes the same fruit are sitting adjacent to each other except those liking Mango. The person who has Dell is sitting on the immediate left of the person who has Toshiba.

(ii) Parijat neither has Toshiba nor Lenovo. Umesh has Apple and likes Pear and is sitting to the immediate left of Girish, who likes Mango. Girish does not have Lenovo.

(iii) Rakesh has Micromax and likes Mango, who is sitting opposite to Tanuj. Only Chirag, who has Acer, is sitting between Tanuj, who has Dell and the person who has Sony.

(iv) Persons who likes Apple are sitting opposite to each other. Each of the persons who likes Banana is sitting adjacent to a person who likes Apple. Manish does not have Toshiba.

Question No. 1 Who has a laptop of Samsung? Options :

1. Girish

2. Manish

3. Lalit

4. Parijat

5. None of these Question No. 2 Which laptop is owned by Lalit? Options :

1. Toshiba

2. Lenovo

3. Samsung

4. Acer

5. None of these



Question No. 3 Who among the following likes Apple fruit? Options :

1. Lalit and Umesh

2. Parijat and Chirag

3. Manish and Lalit

4. Chirag and Rakesh

5. None of these Question No. 4 Who is sitting opposite to the person who has an Apple laptop? Options :

1. The person who has Dell laptop.

2. The person who has Sony laptop.

3. The person who has Acer laptop.

4. The person who has Lenovo laptop.

5. None of these Question No. 5 Which of the following pair is sitting adjacent to the person who has Micromax? Options :

1. Girish and Umesh

2. Parijat and Manish

3. Manish and Umesh

4. Umesh and Lalit

5. None of these Directions (6-7): Following questions are based on the information provided below:

‘A × B’ means ‘A is mother of B’.

‘A – B’ means ‘A is brother of B’.

‘A + B’ means ‘A is sister of B’.

‘A ÷ B’ means ‘A is father of B’.



‘A # B’ means ‘A is niece of B’.

‘A @ B’ means ‘A is daughter of B’.

Question No. 6 If the expression “J ÷ K × L – M @ N – O” is true, then which of the following is true?

Options :

1. L is father of N

2. O is aunt of L

3. J is grandfather of M

4. M is sister of O

5. None of these Question No. 7 Which of the following means ‘P’ is mother of S’? Options :

1. P ÷ Q – T + R + S

2. P ÷ Q – Y- R + S

3. P × M – R + Q - S

4. P ÷ Q × S – T @ R – U

5. None of these Question No. 8 A boy travels 4 km to the north and turns east and travels 9 km and again he turns north and travels 1 km and again turns to east and travels 3 km. How far is he from the starting point?

Options :

1. 12 Km

2. 8 Km

3. 11 Km

4. 13 Km

5. None of these



Directions (9-11): These questions are based on the following five numbers.

945 538 674 758 876

Question No. 9 If all the digits of numbers are arranged in ascending order within the number, then which of the following is lowest number? Options :

1. 945

2. 538

3. 674

4. 758

5. 876 Question No. 10 If first digit of highest number is divided by second digit of smallest number, then what will be the resultant? Options :

1. (2)

2. (3)

3. (4)

4. (5)

5. None of these Question No. 11 If 2 is subtracted from the every even digit and 1 is subtracted from every odd digit number of each number, which number among them will be lowest number? Options :

1. 945

2. 538

3. 674

4. 758

5. 876



Directions (12-15): Study the following information and answer the questions given.

In a certain code language

‘er kj ty xz’ means ‘day three summit on,

‘ys fr kj er’ means ‘was to three day’,

‘nc xz fr ds’ means ‘deliberate on to issue’ and

‘ds bv pw kj ’ means ‘issue across world three.

Question No. 12 What is the code of ‘was’ in this code language? Options :

1. nc

2. ys

3. ds

4. er

5. Cannot be determined Question No. 13 What will be the possible code of ‘deliberate work’? Options :

1. nc ds

2. nc lo

3. ys fr

4. bv pw

5. None of these Question No. 14 What is the code of ‘world’ in this code language? Options :

1. bv

2. pw

3. Either bv or pw

4. xz

5. None of these



Question No. 15 What is the code of ‘on’ in this code language? Options :

1. nc

2. xz

3. ds

4. er

5. cannot be determined Directions (16-20): Study the following information carefully to answer the given questions.

Anmol, Dheeraj, Jagdish, Lokesh, Neel, Pranav and Gagan are seven persons live on seven different floors of a building but not necessarily in the same order. The lowermost floor of the building is numbered 1, the one above that is numbered 2 and so on till the topmost floor is numbered 7. Each one of them born in different year. i.e. 1991, 1995, 1998, 2001, 2005, 2006 and 2009(But not necessarily in the same order). Each one of them likes different fruit i.e Mango, Apple, Apricot, Grapes, Litchi, Banana and Pear(But not necessarily in the same order).

(i) The person who likes Grapes lived immediately below the one who likes Pear.

(ii)The one who was born in the year 1991 lives immediately above the one who was born in the year 2009.

(iii) Only one person lives between Dheeraj and Neel. Dheeraj lives on one of the floors above Neel.

(iv) The person who likes Apricot lives exactly in the middle floor while the one who likes Apple fruit lives on odd numbered floor and not on the third floor.

(v) Neither Jagdish nor Anmol was born in the year 2001. The one who likes banana live one of the floors above Pear.

(vi) Neel was not born in the year 1998.

(vi) Anmol lives on an odd numbered floor but not on the floor numbered three.

(vii) The one who was born in the year 2005 lives immediately above Anmol. Only two people live between Anmol and the one who was born in the year Rs.1998.

(viii) The one who was born in the year 1995 lives on one of the odd numbered floors above Lokesh.

(ix) The person who likes banana does not live in the floor numbered 5 while the person who likes Grapes does not live in the floor numbered 2.

(x) Only three people live between Jagdish and the one who was born in the year 1995. The one who was born in the year 1998 lives immediately above Jagdish.

(xi) Pranav was born in the year 1998. The one who likes Mango lives immediately above the one who likes Banana.



Question No. 16 In which year was Dheeraj born? Options :

1. 1991

2. 2009

3. 2006

4. 2005

5. None of these Question No. 17 Which of the following combination is true as per the given arrangement?

Options :

1. Anmol – 1995 – Apple

2. Jagdish – 2005 – Pear

3. Dheeraj – 2006 – Litchi

4. Pranav – 1991 – Apricot

5. None of these Question No. 18 Who among the following lives in floor no 4? Options :

1. Anmol

2. Jagdish

3. Lokesh

4. Pranav

5. Neel Question No. 19 Four among the following form a group in a certain way. Which of the following does not belong to Group?

Options :

1. Gagan – 1995

2. Anmol – 2009

3. Dheeraj – 1991



4. Pranav – 2005

5. Neel – 1998

Question No. 20 Who among the following likes Grapes? Options :

1. Anmol

2. Jagdish

3. Lokesh

4. Pranav

5. None of these Directions (21-25): In each of the questions given below some statements are followed by some conclusions. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.

Question No. 21 Statements:

Only a few roads are streets.

Some streets are lights.

No street is pole.

Conclusion:

I. All streets can be roads.

II. Some roads are poles.

III. All lights can never be poles.

Options :

1. Both II and III is true

2. Only III is true

3. Both I and II is true

4. Both I and III is true

5. Only I is true



Question No. 22 Statements:

Only number are Alphabet.

Some number are Letters.

Some Digit are Letters.

Conclusions:

I. Some Digit are number.

II. Some alphabet are not Digit.

III. All Number are Digit.

Options :

1. Only I follows

2. Only II follows

3. Only I and III follow

4. Only III follows

5. None follows Question No. 23 Statement: Some workers of the company making diamond jewellery were caught while there were leaving the premises as they were trying to smuggle small pieces of diamonds hidden in their purses.

Course of action:

I. The management of the company should be immediately put on hold all activities in the premises till a fool proof security system is in place.

II. The belongings of all the workers should be thoroughly searched before they leave the premises of the company.

Options :

1. if only I follows.

2. if only II follows.

3. if either I or II follows.

4. if neither I nor II follows.

5. if both I and II follow.



Question No. 24 Statement : Should officers accepting bribe be punished?

Arguments :

i. No. Certain circumstances may have compelled them to take bribe.

ii. Yes. They should do the job they are entrusted with, honestly.

Options :

1. if only argument I is strong

2. if only argument II is strong

3. if either I or II is strong

4. if neither I nor II is strong

5. if both I and II are strong. Question No. 25 Statement: There have been sporadic cases of stone throwing and damaging vehicles in the locality during the day following altercation between two local youth clubs last night.

Course of action:

I. The local police administration should arrest all those who are caught committing these acts.

II. The local police administration should call a meeting of office bearers of both the clubs of the locality to bring the situation under control.

Options :

1. if only I follows.

2. if only II follows.

3. if either I or II follows.

4. if neither I nor II follows.

5. if both I and II follow.

Section: Quantitative Aptitude Directions (26-28): Study the following information carefully and answer the given questions:

Total number of burgers (Vegetarian + Non – vegetarian) sold by different shops (P, Q and R) in a day is 3200. The ratio of total number of vegetarian to that of non – vegetarian burgers sold in all the shops is 3:5. Total vegetarian burgers sold by shop P is 50 burgers less than the average number of vegetarian burgers sold by all the given shops together. The total number of vegetarian burgers sold by shop R is (5/6) of total number of non – vegetarian burgers sold by shop Q. The ratio of total number of vegetarian burgers sold by shop P to that of non – vegetarian burgers sold by shop Q is 7:6. Total number of non – vegetarian burgers sold by shop P is 240 more than the total number of non – vegetarian burgers sold by shop R.



Question No. 26 Total number of vegetarian burgers in Shop P is approximately what percentage of total number of non – vegetarian burgers in shop R? Options :

1. 48%

2. 33%

3. 67%

4. 53%

5. None of these Question No. 27 What is the ratio between the total number of burgers in shop Q to that of shop R? Options :

1. 4: 5

2. 45: 49

3. 15: 14

4. 5: 9

5. None of these Question No. 28 What is the difference between the total number of vegetarian burgers in shop Q to that of non – vegetarian burgers in shop P? Options :

1. 370

2. 330

3. 390

4. 360

5. None of these



Question No. 29 Total number of burgers in shop P is approximately what percentage more/less than the total number of burgers in shop R? Options :

1. 25% more

2. 15% less

3. 20% less

4. 35% more

5. None of these Question No. 30 Find the difference between the average number of vegetarian burgers in shop P and Q together to that of non – vegetarian burgers in the same shops? Options :

1. 160

2. 120

3. 130

4. 150

5. None of these

Directions (31-35):

What will come in place of question mark (?) in the following question?

Question No. 31 76.8 x 9.5 x 2 +? = 2300 Options :

1. 840.8

2. 298.8

3. 85.92

4. 79.7

5. None of these



Question No. 32 √4356 - √2025 = √? + 14 Options :

1. 64

2. 25

3. 49

4. 16

5. 144 Question No. 33 44% of 1850 + ?% of 5072 = 3350 Options :

1. (25)

2. (50)

3. (20)

4. (35)

5. (40) Question No. 34

5450 – 64 x 24 + ? = 4100

Options :

1. 210

2. 174

3. 212

4. 120

5. 186



Direction (35-38): What will come in place of Question mark ( ? ) ? Question No. 35 √? = 22% of 55 + 20% of 40 Options :

1. 524.31

2. 441.21

3. 404.01

4. 426.11 Question No. 36 57815 + 21542 - 45796 - 7826 - 25583 = ?

Options :

1. 202

2. 182

3. 212

4. 162

5. 152 Question No. 37

= 360 Options :

1. 0.08

2. 0.8

3. 0.008

4. 8

5. 0.0008



Question No. 38

of 2800 ÷ = (?)1/2

Options :

1. 2352

2. 2015

3. 2154

4. 2304.

5. 2450 Directions (39-40): What should come in place of the question mark (?) in the following number series?

Question No. 39

8 ? 30 105 472.5 2598.75

Options :

1. (12)

2. (9)

3. (15)

4. (16)

5. None of these Question No. 40 62 77 57 82 ? 87 Options :

1. (60)

2. (57)

3. (52)

4. (47)

5. None of these



Question No. 41 44 48 40 52 ? 56 Options :

1. (53)

2. (35)

3. (36)

4. (48)

5. None of these Question No. 42 96, 102, 199, ? 2401, 12007 Options :

1. 599

2. 625

3. 601

4. 606

5. None of these Question No. 43 The average weight of 3 bundles of clothes - X1, X2, and X3 is 120 kg. Another bundle X4 included in the parcel and the average now becomes 95 kg. If another bundle X5, whose weight is 10 kg more than that of X4, replaces X1, then the average weight of X2, X3, X4, and X5 becomes 80 kg. The weight of X1 is: Options :

1. 100 kg

2. 85 kg

3. 75 kg

4. 90 kg

5. None of these Question No. 44 A shopkeeper labelled the price of his article so as to earn a profit of 18% on the cost price. He then sold the article by offering a discount of 12% on the labelled price. What is the actual percentage profit earned in the deal?



Options :

1. 6.95%

2. 4.4%

3. 3.84%

4. 2.85%

5. None of these Question No. 45 A boy travels 20% distance of the total journey by car and 50% of the remaining by train and taxi in the respective ratio of 9:3 and the remaining distance he covers on feet. If the sum of the distance which he travels by car and by Taxi is 117 km, then find the total distance travelled during the whole journey?

Options :

1. 390 km

2. 380 km

3. 300 km

4. 320 km

5. None of these Question No. 46 Saahil invested one half of his savings in a Life Insurance Policy that paid simple interest for 2 years and received Rs. 550 as interest. He invested the remaining in another Life Insurance Policy that paid compound interest, interest being compounded annually, for 2 years at the same rate of interest and received Rs. 605 as interest. What was the value of his total savings before investing in these two policies? Options :

1. Rs. 2,750

2. Rs. 2,050

3. Rs. 2,550

4. Rs. 2,770

5. none of these Question No. 47 In a river, the ratio of the speed of the stream and the speed of a boat in still water is 13 : 15. Again, the ratio of the speed of the stream to the speed of another boat in still water is 6 : 7. What is the ratio of the speed of the first boat to that of the second boat in still water? Options :

1. 25 : 17

2. 20 : 19



3. 90 : 91

4. 117 : 60

5. none of these

Question No. 48 A right circular cone & a right circular cylinder have equal base & equal height. If the radius of the base & the height are in the ratio 12:16, then ratio of total surface area of the cylinder to that of the cone is Options :

1. Andhra Pradesh

2. Bihar

3. Gujarat

4. Tamil Nadu

5. Maharashtra Question No. 49 Two trains running at the speed of 45 km/h and 36 km/hr respectively, on parallel tracks in opposite directions, are passing each other in 8 seconds. When the same trains are travelling in same direction with the same speed, a person sitting in the faster train observes that he passes the other train in 25 seconds. Find the lengths of the trains? Options :

1. 70 m, 105 m

2. 62.5 m, 117.5 m

3. 75 m, 100 m

4. 65 m, 105 m

5. none of these Question No. 50 When a couple was married, their average age was 28 years. When their first child was born, the average age of all the three became 23 years. When their second child was born, the average of all four became 18 years. What was the average age of couple at the time when their second child was born? Options :

1. 39 years

2. 30 years

3. 34 years



4. 35.5 years

5. None of these

Section: General Awareness

Question No. 51 Which of the following states became the first to tap into the masala bond market?

Options :

1. Maharashtra

2. Karnataka

3. Telangana

4. Kerala

5. Goa Question No. 52 Who among the following was sworn-in as the first chairman of the newly-constituted Lokayukta in Mizoram?

Options :

1. Kummanam Rajasekharan

2. C Lalsawta

3. Jagdish Mukhi

4. Ganeshi Lal

5. Ajit Singh Question No. 53 What is the name of longest suspension bridge made by Indian Army over Indus river in the Leh-Ladakh region?

Options :

1. Shakti

2. Pinaki

3. Maitri

4. Kavarati

5. Surbhi



Question No. 54 Who is the author of the book "Kashi: Secret of the Black Temple (Harappa)"?

Options :

1. Vineet Bajpai

2. Aatish Taseer

3. Daisy Johnson

4. Kapil Sibbal

5. Ramachandra Guha

Question No. 55 Dibru Saikhowa National park is located in which state ?

Options :

1. Sikkim

2. Assam

3. Arunachal Pradesh

4. Manipur

5. Meghalaya Question No. 56 Which is the first country to launch 5G network?

Options :

1. North Korea

2. South Korea

3. China

4. Japan

5. Saudi Arabia Question No. 57 Who has been named for the Chameli Devi Jain Award for an Outstanding Women Journalist for the year 2018? Options :

1. Nidhi Razdan

2. Barkha Dutt

3. Priyanka Dubey



4. Shareen bhan

5. Sweta Singh

Question No. 58 50 world claass stations are being developed by Indian Railway Station Development Corporation , to be completed by ____. Options :

1. 2022

2. 2025

3. 2020

4. 2030

5. 2021 Question No. 59 Which country will host the annual G20 leaders’ summit in November 2020? Options :

1. India

2. Saudi Arabia

3. Russia

4. China

5. None of these Question No. 60 Who has been recently appointed as new executive director of RBI? Options :

1. Rabi N Mishra

2. Gopal Das

3. Vikram Singhal

4. Rishi Pritam

5. Y S Shekhar



Question No. 61 Which day has observed as World Music Day? Options :

1. June 16

2. June 18

3. June 21

4. June 24

5. June 26 Question No. 62 How many countries are full time members of ASEAN? Options :

1. (5)

2. (7)

3. (10)

4. (12)

5. (15) Question No. 63 China has won the 2019 Sudirman Cup beating Japan in the Final. Sudirman Cup is associated with which sport? Options :

1. Squash

2. Table Tennis

3. Archery

4. Badminton

5. Shooting Question No. 64 Who has become the first Indian women fighter pilot to be qualified for combat mission by IAF? Options :

1. Flight Lieutenant Bhawana Kanth

2. Flight Lieutenant Avani Chaturvedi

3. Flight Lieutenant Mohana Singh



4. Flight Lieutenant Bhawana Chaturvedi

5. Flight Lieutenant Avani Kanth

Question No. 65 Which player has won the women’s single title in Mutua Madrid Open 2019? Options :

1. S. Halep

2. K. Bertens

3. Naomi Osaka

4. Angelique Kerber

5. Petra Kvitova Question No. 66 NASA names New Moon Landing Program, which is planned to be completed by 2024 as Options :

1. Apollo II

2. Artemis

3. Hades

4. Hermes

5. Zeus Question No. 67 Pakal dul dam is located in which state? Options :

1. Uttarakhand

2. Himachal Pradesh

3. Jammu and Kashmir

4. Madhya Pradesh

5. Chhattisgarh



Question No. 68 Which of the following is the first privately owned metro network? Options :

1. Delhi Metro Rail Corporation

2. Rapid Metro Rail Gurgaon Limited

3. Bangalore Metro Rail Corporation

4. Mumbai Metro Rail Corporation

5. None of the above Question No. 69 Chakrashila is India’s first wildlife sanctuary with golden langur as the primary species. It is situated in which of the following states? Options :

1. Uttar Pradesh

2. Bihar

3. Karnataka

4. Assam

5. Madhya Pradesh Question No. 70 ___________ became the first Indian batsman to cross 1000-run mark in 2019. Options :

1. Rohit Sharma

2. Virat Kohli

3. Rishabh Pant

4. KL Rahul

5. None of these



Question No. 71 Brij Mohan Khaitan, a famous Indian personality passed away recently, he belongs to which of the following field?

Options :

1. Journalism

2. Film

3. Business

4. Politics

5. Academics Question No. 72 Former PepsiCo chairman and CEO Indra Nooyi was presented with an honorary degree by ______, in recognition of her achievements in business. Options :

1. Yale University

2. Brown University

3. Oxford University

4. Stanford University

5. IIM Ahmedabad Question No. 73 Recently, who has been appointed as CMD of BSNL?

Options :

1. P.K Purwar

2. S K Bhagat

3. U K Sinha

4. Ajay Roy

5. Vimal Khatri



Question No. 74 ICICI Bank has tied up with which NBFC for vehicle financing for small and medium fleet owners?

Options :

1. Bajaj Capital

2. IndoStar Capital

3. Capital First

4. Magma Fincrop

5. Religare Question No. 75 Where is the headquarter of International Atomic Energy Agency?

Options :

1. Geneva

2. New York

3. Paris

4. Vienna

5. Rome

Section: English Language

Directions (76-80):

Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer. If there is no error, mark 5) (No Error) as your answer. (Ignore the errors of punctuation).

Question No. 76 The crisis have been created by litigations questioning the constitutional validity of the FRA in high courts and SC by retired forest officers. Options :

1. The crisis have been created by

2. litigations questioning the constitutional validity

3. of the FRA in high courts

4. and SC by retired forest officers.

5. No error



Question No. 77 Either Kiana or Casey are helping today with stage decorations for the Annual Day Celebrations of the University. Options :

1. Either Kiana or Casey are helping

2. today with stage decorations

3. for the Annual Day

4. Celebrations of the University

5. No error Question No. 78 In the next 4-5 years alone, major space-faring nations are plan to send at least seven missions to the lunar South Pole. Options :

1. In the next 4-5 years alone,

2. major space-faring nations

3. are plan to send at least seven

4. missions to the lunar South Pole.

5. No error Question No. 79 India is gearing up to declare its latest estimate of tigers, striving to hitting the double-mark by 2020.

Options :

1. India is gearing up to declare

2. its latest estimate of

3. tigers, striving to hitting

4. the double-mark by 2020. 5. No error

Question No. 80 Land constraints, insufficient transmission facility and discom defaults on payments is the leading impediments to renewable energy adoption in the country. Options :

1. Land constraints, insufficient transmission facility

2. and discom defaults on payments is the



3. leading impediments to renewable

4. energy adoption in the country

5. No error Question No. 81 Since 1960, there has being an increasing trend of land under cereal production at the global level . Options :

1. has to be an increase

2. has to an increasing

3. has being an increased

4. has been an increasing

5. No improvement required Question No. 82 The villagers were in no mood to understand that tranquillising was not a good idea for an animal that was probably hungry and tired after having swim through a flood. Options :

1. have been swim through

2. have being swum through

3. having swum through

4. have swum through

5. No improvement required Question No. 83 To overcome hurdles and adopt large scale storage technologies for greening the power sector, India will having to capitalise on developments in the global market. Options :

1. will be having to capitalise

2. will have to capitalise

3. will has to capitalise

4. will be having capitalising

5. No improvement required



Question No. 84 Remote sensing has provided data at desired spatial and temporal resolution to understanding the behaviour of soil moisture. Options :

1. resolution to being understand

2. resolution to be understand

3. resolution to getting understand

4. resolution to understand


Question No. 85 I was busy with thinking of ideas for our website. Options :

1. was busy on thinking

2. was busy thinking of

3. was busy of thinking of

4. was busy been thinking of


Directions (86-90):

In each of the following questions , a sentence is given followed by five alternatives containing a single word . Among the five alternatives you have to find the word which can be the best substitute for the given sentence.

Question No. 86 A remedy for all kinds of diseases Options :

1. Panacea

2. Quixotic

3. Resilient

4. Rhetoric

5. Parlance



Question No. 87 Persons who lack experience and knowledge

Options :

1. Fastidious

2. Highbrow

3. Iconoclast

4. Greenhorn

5. Indefatigable Question No. 88 Government by new or inexperienced hands

Options :

1. Monarchy

2. Neocracy

3. Gerontocracy

4. Bureaucracy

5. Autonomy

Question No. 89 A story, poem, or picture that can be interpreted to reveal a hidden meaning, typically a moral or political one

Options :

1. Gospel

2. Fantasy

3. Allegory

4. Ethos

5. Elegy Question No. 90 Of, belonging to, or seeming to come from an early time in the very ancient past

Options :

1. Pretext

2. Prima facie

3. prodigy



4. Presage

5. Primitive

Directions (91-95):

In the following questions , a word is given followed by five alternatives . Among the five alternatives , one is either the synonym or antonym of the given word. You have to find that alternative and mark that as your answer.

Question No. 91 Docile Options :

1. Magnate

2. Peril

3. Relegate

4. Contumacious

5. Profess Question No. 92 Evince

Options :

1. Benison

2. Manifest

3. Anneal

4. Demos

5. Infract Question No. 93 Ample Options :

1. Infringe

2. Digress

3. Conferee

4. Meagre

5. Bullate



Question No. 94 Miser Options :

1. Hale

2. Spendthrift

3. Knurl

4. Militate

5. Obloquy Question No. 95 Whinge Options :

1. Durance

2. Freckle

3. Lank

4. Blear

5. Bleat Directions (96-100): Read the following passage carefully and answer the questions given below it. Certain words/ Phrases have been printed in bold to help you locate them while answering some of the questions .

On World Population Day, a Union Minister expressed alarm, in a Tweet, over what he called the “population explosion” in the country, wanting all political parties to enact population control laws and annulling the voting rights of those having more than two children. Just a month earlier, a prominent businessman-yoga guru wanted the government to enact a law where “the third child should not be allowed to vote and enjoy facilities provided by the government”. This, according to him, would ensure that people would not give birth to more children. Both these demands are wayward and represent a warped thinking which has been rebutted rather well in the Economic Survey 2018-19. The Survey notes that India is set to witness a “sharp slowdown in population growth in the next two decades”. The fact is that by the 2030s, some States will start transitioning to an ageing society as part of a well-studied process of “demographic transition” which sees nations slowly move toward a stable population as fertility rates fall with an improvement in social and economic development indices over time. The demand for state controls on the number of children a couple can have is not a new one. It feeds on the perception that a large and growing population is at the root of a nation’s problems as more and more people chase fewer and fewer resources. This image is so ingrained in the minds of people that it does not take much to whip up public sentiment which in turn can quickly degenerate into a deep class or religious conflict that pits the poor, the weak, the downtrodden and the minorities against the more privileged sections. From this point to naming, targeting and attacking is a dangerous and short slide. The implications of such an approach are deep and wide but not easily understood because the argument is couched in sterile numbers and a rule that, it would seem, applies to all sections equally. On the contrary, what is suggested is the ugliest kind of discrimination, worse than physical attacks or social prejudice because it breaks the poor and the weak bit by bit, and in a very insidious way.



Question No. 96 What were the objectives of the idea provided by businessman-yoga guru?

A)The third child should be devoid of all the governmental facilities.

B)The third child should not be allowed to vote.

C)The government should cancel the voting rights of those having more than two children.

Options :

1. Only A

2. Only B

3. Both A & B

4. Both B & C

5. None of these Question No. 97 ”According to the Survey notes, India is set to witness a sharp acceleration (in case of population growth) after the next two decades.”

This statement is-

Options :

1. Definitely true

2. Probably true

3. Definitely false

4. Probably false

5. can’t be determined Question No. 98 According to the passage, ‘a large and growing population is the root of a nation’s population’.

What can be the reason for this?

Options :

1. The religious conflict will increase.

2. The poverty will increase

3. Increase in fight for the limited resources

4. Illiteracy will increase.

5. None of these



Question No. 99 According to the given passage, which group of the society is getting affected by the suggestions provided in the passage? Options :

1. The poor-class

2. The middle-class

3. The upper-class

4. The devotees

5. None of these Question No. 100 Which of the following is most opposite in meaning to the word WARPED given in the passage? Options :

1. Debauched

2. Jingo

3. Descry

4. Virtuous

5. Comestible

Section: Insurance and Financial Market Awareness Question No. 101 Financial Literacy Week 2019 has been celebrated by which of the following agency? Options :

1. Reserve Bank of India

2. World Bank

3. IMF

4. Ministry of Finance

5. NITI Aayog



Question No. 102 The Ayushman Bharat scheme will subsume which among the following central schemes?

I. Rashtriya Swasthya Bima Yojana (RSBY)

II. Central Government Health Scheme (CGHS)

III. Senior Citizen Health Insurance Scheme (SCHIS)

Options :

1. Only I

2. Only II

3. I and III

4. II and III

5. I and II Question No. 103 What is the term used for a life insurance policy designed to pay off a borrower's debt if that borrower dies? Options :

1. Credit life insurance

2. Designed insurance

3. Planned Insurance

4. Future Insurance

5. Death Insurance Question No. 104 According to Asian Development Bank, at how much percent India economy to grow in FY 2019? Options :

1. 6.5%

2. 7.0%

3. 7.1%

4. 7.2%

5. 7.8%



Question No. 105 When was the 'General Insurance Business Nationalization Act' passed in India? Options :

1. 1972

2. 1975

3. 1969

4. 1983

5. 1954 Question No. 106 How many Insurance Ombudsman offices are presently operational in India? Options :

1. (12)

2. (14)

3. (17)

4. (19)

5. (22) Question No. 107 What is the loyalty bonus given to a policyholder for maintaining the policy till maturity termed as? Options :

1. Yearly Bonus

2. Interest Money

3. Reward Money

4. Terminal Bonus

5. Maturity Bonus Question No. 108 How much FDI has been proposed in Union Budget 2019-20 for insurance intermediaries? Options :

1. 25%

2. 49%



3. 51%

4. 78%

5. 100% Question No. 109 In Insurance we come across abbreviation e-IA. What does A stand for e-IA? Options :

1. Applicant

2. Approval

3. Agent

4. Account

5. Actuary Question No. 110 What is the full form of FIMMDA?. Options :

1. Fixed Income Money Markets & Derivatives Association

2. Foreign Income Money Markets & Derivatives Association

3. Foreign Inflow for Money Markets, Derivatives & Actuaries

4. Fixed Income Money Markets & Derivatives Affiliation

5. Fixed Inflow for Money Market & Dealers Association Question No. 111 Which of the following intermediaries do not require IRDA’s license/ approval to operate in India? Options :

1. Insurance Brokers

2. Insurance Agents

3. Third Party Administrators

4. Surveyors

5. All the above intermediaries require IRDA’s license/ approval



Question No. 112 The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers Options :

1. Subrogation

2. Contribution

3. Co-insurance

4. Indemnity

5. Particular Average Question No. 113 A policy where the policyholder makes a one-time payment of premium, is known as a ______________:

Options :

1. Money-back policy

2. Single premium policy

3. Salary Savings Scheme policy

4. Half-yearly policy

5. Annual policy Question No. 114 As per IRDA Regulations what is the minimum paid up capital required for a General Insurance Company to establish its operations in India.

Options :

1. 25 crores

2. 50 crores

3. 75 crores

4. 100 crores

5. 200 crores



Question No. 115 In an insurance contract …………….principle means that the insured is not entitled to make a profit on his loss.

Options :

1. Subrogation

2. Causa proximate

3. Indemnity

4. Uberrimate Fidel

5. Contribution Question No. 116 An Insurance ombudsman is entrusted with………..functions Options :

1. Managing and concealing

2. Conciliation and award making

3. Agency and principal

4. Judicial

5. None of the above Question No. 117 _________ is a contract between two insures i.e. original insurer and another insurer. Options :

1. Insurance

2. Reinsurance

3. Policy

4. Double insurance

5. Actuary Question No. 118 The danger of loss from the unforeseen circumstances in future refers to _________ Options :

1. Perils

2. Hazards



3. Damage

4. Risk

5. Cover Question No. 119 NAIS stands for Options :

1. National Agricultural Insurance Scheme

2. National Association for Insurance Systems

3. National Accidental Insurance Schemes

4. National Authority for Insurance Schemes

5. National Actuaries and Insurance System Question No. 120 …………are those where a part of the premium is charged for the risk cover and the rest is invested in selected mutual funds as per the choice of the investor.

Options :

1. Mutual fund insurance

2. Double insurance

3. Partial insurance

4. Exchange traded insurance

5. Unit-linked insurance Question No. 121 Where was the SWIFT India and South Asia Conference held to discuss the most pertinent issues concerning the nation’s financial market? Options :

1. Pune

2. Hyderabad

3. Mumbai

4. Lucknow

5. New Delhi



Question No. 122 Generalized System of Preferences (GSP) is a special trade preference which belong to which of the following country? Options :

1. UK

2. USA

3. Japan

4. France

5. Russia Question No. 123 Which General Insurance Company in India launched the 'Mosquito Disease Protection Policy' that aims to cover individuals against common mosquito-borne diseases? Options :

1. GicRe

2. Bajaj Allianz General Insurance

3. Cholamandalam MS General Insurance Co. Ltd

4. Apollo Munich Health Insurance

5. HDFC ERGO Question No. 124 Where is the headquarter of ECGC Limited ? Options :

1. Chennai

2. Mumbai

3. Bangalore

4. New Delhi

5. Kolkata Question No. 125 When was Goods and Services Tax launched? Options :

1. 1st July 2016

2. 1st July 2017



3. 1st July 2018

4. 1st April 2017

5. 1st April 2018 Question No. 126 Euro is the currency of European Union. When did it come into existence? Options :

1. 2001

2. 1999

3. 1998

4. 2000

5. None of these Question No. 127 According to Economy Survey 2018-19, the Merchandise imports reduced from 21.1 percent to ---percent. Options :

1. 10.4

2. 12.8

3. 9.6

4. 8.9

5. 11.2 Question No. 128 The maximum number of companies for which an Insurance Marketing Firm can generate solicit business at one point of time is –

Options :

1. (9)

2. (5)

3. (3)

4. (6)

5. (4)



Question No. 129 How much maximum amount one can transfer through NEFT in one time? Options :

1. 50 Thousands

2. 75 Thousands

3. 1 Lakh

4. 1.5 Lakh

5. 2 Lakh Question No. 130 FSR stands for –

Options :

1. Finance Standard Ratio

2. Fiscal Standard Report

3. Financially Stressed Reserves

4. Financial Stability Report

5. None of these Question No. 131 Which of the following is not the name of Government sponsored socially oriented Insurance Scheme? Options :

1. Pradhan Mantri Jeevan Jyoti Bima Yojana(PMJJBY)

2. Life Cover under Pradhan Mantri Jan Dhan Yojana (PMJDY)

3. Pradhan Mantri Fasal Bima Yojana(PMFBY)

4. Pradhan Mantri Vaya Vandana Yojana(PMVVY)

5. Varsha Crop Insurance Scheme (VBCIS)



Question No. 132 Which of the following words/ terms is closely associated with the insurance business?

Options :

1. SIP

2. Open-ended scheme

3. Actuary

4. Forwards

5. All of the above Question No. 133 India’s largest National Health Protection Scheme has been implemented under the name________

Options :

1. Ayushman Bharat

2. Aadarsh Bharat

3. Samman Bharat

4. Nirman Bharat

5. Aayush Bharat Question No. 134 As per the annual report 2017-18 of IRDA what is the overall insurance penetration (Premium as % of GDP) in India?

Options :

1. 3.11

2. 2.69

3. 3.69

4. 7.14

5. 8.22



Question No. 135 Which of the following is a reason to hedge a portfolio? Options :

1. To increase the probability of gains

2. To limit exposure to risk

3. To profit from capital gains when interest rates fall

4. To ensure a steady flow of income

5. All of the above Question No. 136 Match the following

A. RBI I. Capital market

B. SEBI II. Pension Market

C. PFRDA III. Insurance Market

D. IRDA IV. Money Market

Options :

1. A-I, B-II, C-III, D-IV

2. A-IV, B-III, C-II, D-I

3. A-IV, B-I, C-II, D-III

4. A-I, B-II, C-IV, D–III

5. A-II, B-I, C-IV, D-III Question No. 137 Mutual funds in India are registered with ______ as _______. Options :

1. SUUTI, Public companies

2. GoI, Public companies

3. SEBI, Trusts

4. RBI, AIF

5. PFRDA, Trust



Question No. 138 Health insurance can help in tax planning by allowing deduction under which section of Income tax Act? Options :

1. 80 C

2. 80 CCC

3. 80 D

4. 80 E

5. 80 G Question No. 139 Which of the following cannot extend a loan to an individual/business? Options :

1. Commercial Bank

2. Small finance Bank

3. Payments Bank

4. NBFC

5. All of the above can extend loans Question No. 140 SIDBI stands for Options :

1. Speciality Investment Development Bank of India

2. Solar Industries Development Bank of India

3. Small Industries Development Bank of India

4. Savings & Insurance Development Bank of India

5. State Investment for Development Bank of India Question No. 141 Banks check the CIBIL of an individual borrower to know his/her ________ Options :

1. Bank balance

2. Income profile

3. KYC details



4. Credit score

5. None of the above

Question No. 142 A company can take a loan from various financial institutions like banks or NBFCs. What is an NBFC? Options :

1. Network of Banking and Financial Co-operatives

2. New Banks and Finance Company

3. Nationalized Banks and Financial Companies

4. Non-Banking Financial Company

5. New Business Financing companies Question No. 143 National Pension System (NPS) is a pension cum investment scheme launched by Government of India to provide old age security to Citizens of India. NPS is regulated by? Options :

1. RBI

2. SEBI

3. IRDA

4. PFRDA

5. None of the above Question No. 144 What two factors determine prices in a market

Options :

1. Demand and supply

2. Inflation and unemployment

3. Number of buyers and sellers

4. Interest rates and exchange rates

5. None of these



Question No. 145 Direct tax does not include

Options :

1. Wealth Tax

2. Corporation Tax

3. Sales Tax

4. Estate Tax

5. Income Tax Question No. 146 Cross-selling means ________

Options :

1. Selling a interrelated services

2. Cross country marketing

3. Selling other products to existing customers

4. Selling to insurance firms

5. Selling to employees Question No. 147 The Ratio ROA helps to analyse the profitability of a company. RoA means __________. Options :

1. Rate of Allocation

2. Return on Assets

3. Return on Advances

4. Ratio of Assets

5. Risk of Assurance Question No. 148 Which of the following best describes a repo rate? Options :

1. The rate at which the RBI lends to the commercial banks

2. The rate at which the commercial banks lend to RBI

3. The rate at which RBI lends to the Central Government



4. The rate at which the commercial banks lend to the Central government

5. The rate at which commercial banks lend to large corporates

Question No. 149 Rights issue is an offer of new securities by a listed company to it___________ Options :

1. Existing shareholders at zero cost basis

2. Existing majority shareholders on pre-determined basis

3. Existing minority shareholders on pre-determined basis

4. Existing shareholders on a pro-rata basis

5. Existing shareholders on first-come-first-serve basis Question No. 150 Amongst the following financial derivatives, which of the following limits the losses for an investor? Options :

1. Forwards

2. Futures

3. Options

4. Swaps

5. Possibility of limiting loss is not possible



Answers and Explanations Question.1. Answer : Option 1 Explanation: From (i) The person who has Toshiba sits at place no. 1, then the one who has Dell sits at place no. 8.

From (iii), Tanuj has Dell and we know that he sits at place no. 8. The person who has Sony sits at place no. 6 and Chirag, who has Acer sits at place no. 7. Rakesh has Micromax and likes Mango sits at place no. 4.

From (ii) and (i), Girish, who likes Mango sits at place no. 3 and Umesh, who has Apple and likes Pear sits at place no. 2. The one who likes Mango are adjacent to each other. So, Girish cannot sit at place no. 6. The one who has Lenovo will sit at place no. 5.

From (ii), As Parijat neither has Toshiba nor Lenovo. So, Parijat has Sony and sits at place no. 6.

From (iv), Manish does not have Toshiba. So, only laptop left for Manish is Lenovo and sits at place no. 5. Only person left for the one who has Toshiba is Lalit. The persons who likes Apple are Lalit and Manish. The persons who likes Apple cannot sit at place no. 8, 7 and 6. The persons who likes Banana will sit at place no. 6 and 8. Chirag likes Pear. Only laptop left for Girish is Samsung.



Final arrangement as shown below:

Question.2. Answer : Option 1 Explanation: From (i) The person who has Toshiba sits at place no. 1, then the one who has Dell sits at place no. 8.




From (iv), Manish does not have Toshiba. So, only laptop left for Manish is Lenovo and sits at place no. 5. Only person left for the one who has Toshiba is Lalit. The persons who likes Apple are Lalit and



Manish. The persons who likes Apple cannot sit at place no. 8, 7 and 6. The persons who likes Banana will sit at place no. 6 and 8. Chirag likes Pear. Only laptop left for Girish is Samsung.









Question.6. Answer : Option 3 Explanation:





Question.9. Answer : Option 2 Explanation: 945 538 674 758 876

459 358 467 578 678

Question.10. Answer : Option 2 Explanation: First digit of highest number = 945 = 9

Second digit of smallest number = 538 = 3

Required answer = 9/3 = 3



Question.11. Answer : Option 2 Explanation: 945 538 674 758 876

824 426 462 646 664

Question.12. Answer : Option 2 Explanation: three – kj

day – er

summit – ty

was – ys

to – fr

deliberate – nc

on – xz

issue – ds

across/world – bv/pw


day – er

summit – ty

was – ys

to – fr

deliberate – nc

on – xz

issue – ds



day – er

summit – ty

was – ys

to – fr



deliberate – nc

on – xz

issue – ds



day – er

summit – ty

was – ys

to – fr

deliberate – nc

on – xz

issue – ds


Question.16. Answer : Option 4 Explanation: From (iv) , (vi) and (ix), we get the basic information shown below:

From (viii) and (x), we will have two cases:

Case (i) , The one who was born in the year 1995 and Lokesh lives on the floor no. 5 and 3 respectively.

From (x), Jagdish lives on the floor no. 1. The one who was born in the year 1998 lives on the floor no. 2.

From (xi), Pranav was born in the year 1998.



From (vii), Anmol and the one who was born in the year 2005 lives on the floor no. 5 and 6 respectively.

From (iii), Dheeraj and Neel lives on the floor no. 6 and 4 respectively.

From (ii), we need two consecutive floors for the one who was born in the year 1991 and 2009. So, the one who was born in the year 1991 and 2009 lives on the floor no. 4 and 3 respectively.

From (v), Neither Jagdish nor Anmol was born in the year 2001.

Only year left for Jagdish and Gagan is 2006 and 2001 respectively.

From (i), (v) and (xi), The one who likes Mango and Banana lives on the floor no. 7 and 6 respectively. The person who likes Grapes and Pear lives on the floor no. 1 and 2 respectively. Only floor left for the ones who like Apple and Litchi is floor no. 5 and 3.

Case (i) , The one who was born in the year1995 and Lokesh lives on the floor no. 7 and 6 respectively.




This case will get discarded as Anmol lives on an odd numbered floor.




Question.21. Answer : Option 4 Explanation: Only a few roads are streets ⇒ Conversion ⇒ All streets can be roads(A). Hence conclusion I follows.

Some roads are streets (I) + Some street are lights (I) ⇒ No conclusion. Hence conclusion II does not follow.

No street is pole (E) ⇒ Conversion ⇒ No pole is street (E) + Some streets are lights (I) ⇒ Some lights

are not poles (O*) ⇒ Probable conclusion ⇒ All lights can never be poles (A). Hence conclusion III follows.

Question.22. Answer : Option 5 Explanation: Some number are Letters (I) + [Some Digit are Letters (I) ⇒ Conversion] ⇒ Some Letters are Digit (I)

⇒ No conclusion. Hence neither conclusion I nor III follow.

All alphabets are numbers (A) + Some number are Letters (I) ⇒ No conclusion. Hence conclusion II does not follow.

Question.23. Answer : Option 2 Explanation: Action I does not follow because of the word “all”. All activities cannot be put on hold due to the act of some workers. Action II follows because belongings of workers should be thoroughly searched before they leave the premises of the company. Question.24. Answer : Option 2 Explanation: Clearly, officers are paid duly for the jobs they do. So, they must do it honestly. Thus, argument II alone holds.



Question.25. Answer : Option 5 Explanation: Both the actions follow because local police administration should arrest all those persons who are caught committing the act like stone throwing and damaging vehicles. A meeting should be called in which officers of both the clubs and police officers should be present. Question.26. Answer : Option 1 Explanation:

Total number of vegetarian burgers in Shop P = 350

Total number of non – vegetarian burgers in shop R = 730

Required % = (350/730) x 100 = 47.94 %

= 48% approx


The total number of burgers in shop Q = 600 + 300 = 900

The total number of burgers in shop R = 250 + 730 = 980

Required ratio = 900: 980

= 45: 4




The total number of vegetarian burgers in shop B = 600

The total number of non – vegetarian burgers in shop A = 970

Required difference = 970 – 600 = 370


Total number of burgers in shop P = 350 + 970 = 1320

Total number of burgers in shop R = 250 + 730 = 980

Required % = [(1320 – 980)/980] x 100 = 34.69 %

= 35% more approx




The average number of vegetarian burgers in shop P and Q together = (350 + 600)/2 = 475

The average number of non – vegetarian burgers in shop P and Q together = (970 + 300)/2 = 635

Required difference = 635 – 475 = 160

Question.31. Answer : Option 1 Explanation: 76.8 x 9.5 x 2 +? = 2300

? = 2300– 76.8 x 9.5 x 2

? = 2300 – 1459.2

? = 840.8

Question.32. Answer : Option 3 Explanation: √4356 - √2025 = √? + 14

66 – 45 = √? + 14

21 = √? + 14

√? = 7

? = 49

Question.33. Answer : Option 2 Explanation: 44% of 1850 + ?% of 5072 = 3350

814 + ?% of 5072 = 3350

?% of 5072 = 3350 – 814

?% of 5072 = 2536

? = (2536 x 100)/ 5072

? = 50

Question.34. Answer : Option 5 Explanation: 5450 – 64 x 24 + ? = 4100

5450 – 1536 + ? = 4100

? = 186



Question.35. Answer : Option 3 Explanation: √? = 22% of 55 + 20% of 40 √? = 12.1 + 8 √?= 20.1 ⇒ ? = 404.01 Question.36. Answer : Option 5 Explanation: 57815 + 21542 - 45796 - 7826 - 25583 = ?

79357 - 79205 = ?

152 = ?


= 360

= 2160

? = 0.008


of 2800 ÷ = (?)1/2

? = 2304

Question.39. Answer : Option 1 Explanation: 8 12 30 105 472.5 2598.75

×1.5, ×2.5, ×3.5, ×4.5, ×5.5



Question.40. Answer : Option 3 Explanation: +15, -20, +25, -30, +35 Question.41. Answer : Option 3 Explanation: + 4, - 8, + 12, - 16, + 20 Question.42. Answer : Option 3 Explanation: x 1 + 6, x 2 - 5, x 3 + 4, x 4 - 3, x 5 + 2.......... Question.43. Answer : Option 4 Explanation: Let X1, X2, X3, X4 and X5 represent their respective weights. Then,

X1 + X2 + X3 = (120 * 3) = 360 kg,

X1 + X2 + X3 + X4 = (95 * 4) = 380 kg.

X4 = (380 - 360) kg = 20 kg,

X5 = (20 + 10) kg = 30 kg.

X2 + X3 + X4 + X5 = (80 * 4) = 320 kg.

Now, (X1 + X2 + X3 + 4) - (X2 + X3 + X4 + X5) = (380 - 320) kg = 60 kg.

X1 - X5 = 60

=> X1 = (60 + X5) = 90 kg.

Question.44. Answer : Option 3 Explanation: Let the cost price of the article be Rs. 100

To earn a profit of 18% he labelled its price as Rs. 118

After giving a discount of 12% the selling price of the article = 88 * 118/100 = Rs. 103.84

So, actual profit% = (103.84 – 100) = 3.84%

Alternate method:

Required % profit = +18 – 12 + (18)* (- 12)/100 = 6 – 2.16 = 3.84%

Question.45. Answer : Option 1 Explanation: Let total distance = 100x Distance covered by car = 20% of 100x = 20x



Distance covered by Train = 9/(9+3) × 50% of (100x – 20x) = 30x Distance covered by Taxi = 3/(9+3) × 50% of (100x – 20x) = 10x Distance covered on feet = 100x – 20x – 30x – 10x = 40x Total distance covered by Car and Taxi = 20x + 10x => 30x = 117 km (Given) Total journey = 100 × 117/30 = 390 km Question.46. Answer : Option 1 Explanation: Saahil received an extra amount of Rs. 55 (Rs.605 − Rs.550) on his compound interest paying the policy as the interest that he received in the first year also earned interest in the second year. Interest for the first year is the same for S.I. and C.I. Interest for first year = 550/2 = Rs. 275 ∴ Rate of interest = 55/275 x 100 = 20% Consider one year. Let the amount invested at S.I. be Rs. x ∴ 275 = (x × 20 × 1)/100 ∴ x = Rs. 1,375

∴ Total investment = 2x = Rs. 2,750 Question.47. Answer : Option 3 Explanation: For the first boat let the speed of the stream be 13x and the speed of the boat be 15x. For the 2nd boat, let the speed of the stream be 6y and the speed of the 2nd boat be 7y. The speed of the stream will be the same. ∴ 13x = 6y or, x = 6y/13 Now, the required ratio of the speed of the first boat to that of the second boat = 15x : 7y ⇒ 15 × 6y/13 : 7y [Putting x in terms of y] ∴ 90y : 91y = 90 : 91 Question.48. Answer : Option 4 Explanation: Let radius of cylinder & cone be 12x and height of cylinder & cone be 16x.

So, slant height = √ (12x 2 + 16x 2 ) = 20x

So, required ratio = 2 πR (H + R)/ π r (L + R)

= 2(H + R)/(L+ R)

= 2(12x + 16x)/(12x + 20x)

= 56/32

= 7:4

Question.49. Answer : Option 2 Explanation: Relative speed when trains are travelling in opposite direction = 81 x 5/18 = 42/2 m/s

Length of both the trains = 45/2 x 8 = 180 m Now, when trains are travelling in same direction, relative speed = 45-36 = 9 km/hr = 9 x 5/18 = 5/2 m/s The man sitting in the faster train passes the length of the slower train in 25 sec



Length of the slower train = 5/2 x 25 = 62.5 m Length of the faster train = 180-62.5 = 117.5 m Alternate Method: Length of slower train = 25 x (relative speed of two trains) = 25 x (45-36) x 5/18 = 62.5 m Length of faster train = total length of both - Length of slower train = 8 x (45+36) x 5/18 - 62.5 = 180-62.5 = 117.5m Question.50. Answer : Option 4 Explanation: At the time of marriage total age of couple= 28 *2 = 56

When 1st child is born total age= 23 * 3 = 69

Difference= 69 - 56= 13years (Child is of 0 years hence this is the sum of age increase of couple)

When second child is born total age= 4 * 18 = 72 years

Average increased age of husband, wife and first child = (72 - 69)/3 = 1years. So, increase in husband and wife total age = 1 * 2 = 2 years.

Total age of couple= 13 + 2 + 56= 71 years

Average= 71/2= 35.5 years

Question.51. Answer : Option 4 Explanation: Kerala became the first state to tap into masala bond market by listing the Kerala Infrastructure Investment Fund Board (KIIFB)’s masala bond worth of USD 312 million (Rs 2,150 crore) in London Stock Exchange (LSE)’s International Securities Market (ISM). Question.52. Answer : Option 2 Explanation: Retired IAS officer C Lalsawta was sworn-in as the first chairman of the newly-constituted Lokayukta in Mizoram. He was sworn-in at the Raj Bhawan in Aizawl. Question.53. Answer : Option 3 Explanation: Explanation- The Indian Army has built the longest suspension bridge over the Indus river in the Leh-Ladakh region in just 40 days. The 260-feet long suspension bridge was built by the combat engineers belonging to the Sahas aur Yogyata regiment of Indian Army’s Fire & Fury Corps. The Maitri Bridge as it will be known, was inaugurated by war veterans. Question.54. Answer : Option 1



Question.55. Answer : Option 2 Explanation: Dibru-Saikhowa National Park is a national park in Assam, India. Question.56. Answer : Option 2 Explanation: Explanation- South Korea will launch the world's first fully-fledged 5G mobile networks on Friday . Question.57. Answer : Option 3 Explanation: Priyanka Dubey, a bilingual correspondent with the BBC at its Delhi bureau, has been named for the Chameli Devi Jain Award for an Outstanding Women Journalist for the year 2018. Dubey was chosen for her multi-faceted, investigative and interrogative reportage. Question.58. Answer : Option 1 Question.59. Answer : Option 2 Explanation: Saudi Arabia will host the annual G20 leaders' summit on November 21-22, 2020, in its capital, Riyadh. Question.60. Answer : Option 1 Explanation: Dr. Rabi N. Mishra has been elevated as executive director in the Reserve Bank of India. Earlier, he was the principal chief general manager. There are a dozen of executive directors at the central bank looking after different divisions. Question.61. Answer : Option 3 Explanation: Music Day or World Music Day, is an annual music celebration that takes place on 21 June. On Music Day the citizens of a city or country are allowed and urged to play music outside in their neighborhoods or in public spaces and parks. Question.62. Answer : Option 3 Explanation: The Association of Southeast Asian Nations, or ASEAN, was established on 8 August 1967 in Bangkok, Thailand. There are 10 permanent members of this association. The basic objective behind the establishment of this organisation is to promote economic co-operation in South-East Asia and ensure the economic stability in this region. Its headquarters is in Jakarta (Indonesia).



Question.63. Answer : Option 4 Explanation: The Sudirman Cup is the World Team Badminton Championships, held every two years, and one of the most prestigious titles in the Sport. Question.64. Answer : Option 1 Explanation: Indian Air Force officer Flight Lieutenant Bhawana Kanth has become the first day-time Indian woman fighter pilot, officials said. Officials explained that Kanth became the first Indian woman fighter pilot to be qualified to undertake missions by day on a fighter aircraft. Question.65. Answer : Option 2 Explanation: The World No. 1 Novak Djokovic (Serbia) defeated Stefanos Tsitsipas (Greece) 6-3, 6-4 on Sunday to win the Mutua Madrid Open, equaling Rafael Nadal’s record of 33 ATP Masters 1000 titles. It is also Djokovic’s 200th victory against a Top 10 opponent (200-90).

Women’s singles winner: Kiki Bertens

Question.66. Answer : Option 2 Explanation: The Artemis program, unveiled by NASA in mid-May, aims to put astronauts on the lunar surface in 2024 — and give us the first female moonwalker. The initiative comes as the nation prepares to celebrate the 50th anniversary of the Apollo 11 landing in 1969, which made Neil Armstrong and Buzz Aldrin the first people to set foot on another world. Question.67. Answer : Option 3 Explanation: The Pakal Dul Dam is a proposed concrete-face rock-fill dam on the Marusadar River, a tributary of the Chenab River, in Kishtwar district of the Indian state of Jammu and Kashmir. The primary purpose of the dam is hydroelectric power generation. Question.68. Answer : Option 2 Explanation: India's first fully privately funded Rapid Metro Gurgaon announces the start of its commercial operations from Gurgaon in Haryana.



Question.69. Answer : Option 4 Explanation: Chakrashila Wildlife Sanctuary is a wildlife sanctuary falling under Dhubri and Kokrajhar districts of Assam, India. It is famous for the golden langur and is the second protected habitat for golden langur in India. Question.70. Answer : Option 1 Explanation: Rohit Sharma has become the highest run scorer in World Cup 2019. Rohit Sharma has also become the second Indian batsman after Sachin Tendulkar to score 500 plus runs in a World Cup match. Question.71. Answer : Option 3 Explanation: Veteran industrialist and Williamson Magor Group patriarch Brij Mohan Khaitan died on 1 June 2019 at his residence in Kolkata. He was 92. Khaitan is survived by his younger son Aditya and daughter Divya Jalan. Also known as the “evergreen tea man of India” globally, he had made the tea industry “Indian-owned” in the twilight era of independence. Question.72. Answer : Option 1 Explanation: Former PepsiCo chairman and CEO Indra Nooyi was presented with an honorary degree by the prestigious Yale University, her alma mater, in recognition of her achievements in business and for being a global role model who encouraged women and girls to see themselves as top corporate executives. Question.73. Answer : Option 1 Explanation: Pravin Kumar Purwar was on Tuesday appointed as the Chairman and Managing Director of Bharat Sanchar Nigam Limited (BSNL), according to an official order. Purwar is at present CMD of Mahanagar Telephone Nigam Limited (MTNL). Question.74. Answer : Option 2 Explanation: ICICI Bank has tied up with IndoStar Capital Finance Ltd (IndoStar) to finance purchase of used and new commercial vehicles (CV) by small and medium fleet owners. Question.75. Answer : Option 4 Explanation: The IAEA has its headquarters in Vienna, Austria. The IAEA has two "Regional Safeguards Offices" which are located in Toronto, Canada, and in Tokyo, Japan.



Question.76. Answer : Option 1 Explanation: ‘the crisis has been’ should be used instead of ‘the crisis have been’

In case of a singular subject ‘has been’ should be used. ‘The crisis’ in the sentence is a single subject.

Question.77. Answer : Option 1 Explanation: ‘is helping’ should be used instead of ‘are helping’

Two singular subjects connected by or, either/or, or neither/nor require a singular verb.

Question.78. Answer : Option 3 Explanation: ‘are planning’ should be used instead of ‘are plan’

The sentence is in continuous form, so. according to rule, ‘ing’ form of verb should be used.

Question.79. Answer : Option 3 Explanation: ‘striving to hit’ should be used instead of ‘striving to hitting”.

In this case an infinitive is used and according to rules, in case of infinitives, base form of verb should be used.

Question.80. Answer : Option 2 Explanation: ‘are the leading’ should be used instead of ‘is the leading’

The verb of a sentence must agree with the subject’s number.

In case of plural subject, ‘are’ should be used.

Question.81. Answer : Option 4 Explanation: With has/have been, verb + ing form is used. Question.82. Answer : Option 3



Question.83. Answer : Option 2 Explanation: In the have to structure, "have" is a main verb.

The basic structure for have to is:

subject +auxiliary verb+ have +to-infinitive

Question.84. Answer : Option 4 Explanation: In the given sentence, an infinitive is used, so, according to rule, ‘resolution to understand’ should be used’.

To + infinitive + base form of the verb.

Question.85. Answer : Option 2 Explanation: Busy (adj.) is followed by an -ing form or by at + noun or pronoun (busy at their work). Question.86. Answer : Option 1 Explanation: Quixotic-Something that is not very practical or realistic

Resilient-Able to become strong, healthy, or successful in spite of numerous difficulties.

Rhetoric-The art of effective or persuasive speaking or writing

Parlance-Language used by a particular group of people

Question.87. Answer : Option 4 Explanation: Fastidious- One hard to please (very selective in his habits)

Highbrow- A person of intellectual or erudite tastes

Iconoclast-Someone who attacks cherished ideas or traditional

Institutions

Indefatigable-One who shows sustained enthusiastic action with

unflagging vitality

Question.88. Answer : Option 2 Explanation: Monarchy- A form of government with a monarch at the head



Gerontocracy- A state, society, or group governed by old people

Bureaucracy- A system of government in which most of the important

decisions are taken by state officials rather than by elected

representatives

Autonomy- A self-governing country or region

Question.89. Answer : Option 3 Explanation: Gospel-Sets of ideas that somebody believes in and tries to

persuade others to accept

Fantasy-Ideas about doing something that is far removed from

normal reality

Ethos-Guiding beliefs of a person, group, or organization

Elegy-A poem of serious reflection, typically a lament for the dead

Question.90. Answer : Option 5 Explanation: Pretext-Reasons that you give to hide your real reason for doing

Something

Prima facie- Based on what is known or seen when something is first

considered or dealt with

prodigy- Young Person who are usually talented in some way

Presage- Giving or being a sign of (something that will happen or

develop in the future)

Question.91. Answer : Option 4 Explanation: Docile-easily led or managed

Contumacious-stubbornly disobedient (synonym)

Question.92. Answer : Option 2 Explanation: Evince-to display clearly

Manifest-to make evident or certain by showing or displaying



Question.93. Answer : Option 4 Explanation: Ample-being more than enough without being excessive

Meagre-deficient in quality or quantity (Antonyms)

Question.94. Answer : Option 2 Explanation: Miser-a mean grasping person who is usually stingy with money

Spendthrift- a person who spends improvidently or wastefully (Antonym)

Question.95. Answer : Option 5 Explanation: Whinge-to complain fretfully

Bleat-to talk complainingly or with a whine

Question.96. Answer : Option 3 Explanation: Just a month earlier, a prominent businessman-yoga guru wanted the government to enact a law where “the third child should not be allowed to vote and enjoy facilities provided by the government”. Question.97. Answer : Option 3 Explanation: The Survey notes that India is set to witness a “sharp slowdown in population growth in the next two decades”.

Question.98. Answer : Option 3 Explanation: The demand for state controls on the number of children a couple can have is not a new one. It feeds on the perception that a large and growing population is at the root of a nation’s problems as more and more people chase fewer and fewer resources. Question.99. Answer : Option 1 Explanation: On the contrary, what is suggested is the ugliest kind of discrimination, worse than physical attacks or social prejudice because it breaks the poor and the weak bit by bit, and in a very insidious way.



Question.100. Answer : Option 4 Explanation: Warped- having or showing lowered moral character or standards

Virtuous- morally excellent

Debauched- to lead away from virtue or excellence

Jingo-nationalist

Descry- to catch sight of

Comestible-edible

Question.101. Answer : Option 1 Question.102. Answer : Option 3 Explanation: Pradhan Mantri Jan Arogya Abhiyaan, also known as Ayushman Bharat or the National Health Protection Mission (AB-NHPM), was launched on September, 2018

Ayushman Bharat – National Health Protection Mission will subsume the on-going centrally sponsored schemes – Rashtriya Swasthya Bima Yojana (RSBY) and the Senior Citizen Health Insurance Scheme (SCHIS). The scheme focuses on the poor and weaker sections of the society. It aims to provide insurance of up to 5 lakh rupees to each family. It intends to improve secondary and tertiary healthcare services for crores of Indians.

Ayushman Bharat has two components namely -

· HEALTH AND WELLNESS CENTRE [HWC]

HWC'S will be upgraded form of primary health centres [PHC].the focus area includes non-communicable diseases and infectious diseases along with neonatal and maternal care. HWC are primarily meant for early detection and prevention. This is significant in sense as burden on secondary and tertiary health system will reduce if early detection takes place, moreover rural areas will benefit as HWC will spread across India.

A Strong Network of 1.5 Lakhs Health and Wellness Centers across the Country would constitute Foundation of India's new Healthcare Systems.

· NATIONAL HEALTH PROTECTION SCHEME [NHPS]

NHPS is an insurance scheme which covers costing up to 5 lakh rupees per family per year for secondary and tertiary care hospitalization. It will cover 10 crores poor and vulnerable families. The scheme will reduce out of pocket expenditure and offers a choice for treatment at private hospitals.

Question.103. Answer : Option 1 Explanation: Credit life insurance is a life insurance policy designed to pay off a borrower's debt if that borrower dies. The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value. Credit life insurance can protect a person's dependents. It may also be required by some lenders; therefore, it is important to read the fine print of any loan agreement to determine whether credit life insurance is required.



Question.104. Answer : Option 4 Explanation: The growth is forecast to pick up modestly to 7.2 percent in FY2019 on revived rural consumption, continued growth in private investment in response to improved bank and corporate balance sheets, more competitive domestic firms and products under the Goods and Services Tax, and less drag from net exports. Question.105. Answer : Option 1 Explanation: The General Insurance Business Nationalization Act was passed in 1972 to set up the general insurance business. It was the nationalization of 107 insurance companies into one main company called General Insurance Corporation of India and its four subsidiary companies with exclusive privilege for transacting general insurance business. Question.106. Answer : Option 3 Explanation: The Governing Body of Insurance Council (GBIC) has been established under Redressal of Public Grievances Rules 1998, to set-up and facilitates the Institution of Insurance Ombudsman in India. Insurance Ombudsman’s offices have been established in 17 cities all over India, each with its own jurisdiction.

Insurance ombudsman has two types of functions to perform – conciliation and award making. The insurance ombudsman is empowered to receive and consider complaints in respect of personal lines of insurance from any person who has any grievance against an insurer.

Question.107. Answer : Option 4 Explanation: Bonus' is simply the additional amount or reward that a person is entitled to get in excess of the base amount. On the same pattern, the Insurance industry also provides a terminal bonus to its policy holders. In this framework, bonus is the extra sum which gets accumulated to any insurance policy on a yearly basis which will be paid to the policyholder on the maturity of the plan or in the case of his death. This will be paid on successful completion of all the premiums due for a particular number of years. To get this bonus, it is mandatory that your policy should be 'with - profits' type, which is known as a participatory policy as well.

Terminal Bonus is also known as persistency bonus which is paid once, i.e. at the time of maturity of the policy. It is a sort of loyalty bonus given to a policyholder for maintaining the policy till maturity. Its value is not guaranteed and will be disclosed only at the time of policy maturity

Question.108. Answer : Option 5 Explanation: It is being contemplated to permit 100% Foreign Direct Investment (FDI) for insurance intermediaries. This was announced by the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting the Union Budget 2019-20 in the Parliament.



Question.109. Answer : Option 4 Explanation: e-IA stands for e-Insurance Account or “Electronic Insurance Account ” which will safeguard the insurance policy documents of policyholders in electronic format. This e-Insurance account will facilitate the policyholder by providing access to the insurance portfolio at a click of a button through internet. IRDA has granted the Certificate of Registration to the 4 entities to act as ‘Insurance repositories’ that are authorized to open e-Insurance Accounts.

KYC document is mandatory for opening e-IA Account. Once KYC documents are submitted and eIA is opened, KYC documents not required for purchase of new life insurance policies.

Question.110. Answer : Option 1 Explanation: FIMMDA stands for The Fixed Income Money Market and Derivatives Association of India (FIMMDA). It is an Association of Commercial Banks, EXIM Bank, NABARD, Insurance Companies like LIC, ICICI Prudential Life Insurance Company, and all Primary Dealers, Financial Institutions and Primary Dealers. FIMMDA is a voluntary market body for the bond, Money & Derivatives Markets.

FIMMDA represents market participants and aids the development of the bond, money and derivatives markets. It acts as an interface with the regulators on various issues that impact the functioning of these markets. It also undertakes developmental activities, such as, introduction of benchmark rates and new derivatives instruments, etc. FIMMDA releases rates of various G-Secs that are used by market participants for valuation purposes.

Question.111. Answer : Option 5 Explanation: As per IRDA Act 1999 section 2(1) (f) Insurance intermediaries are defined. Insurance intermediaries are required to obtain license/approval through IRDA to operate in India.

Insurance intermediaries serve as a bridge between consumers and insurance companies. An Insurance Intermediary means individual agents, corporate agents including banks and brokers, insurance marketing firm. Insurance Intermediary also includes Surveyors, Insurance Repositories, Insurance self-network platform ISNP and Third Party Administrators but these intermediaries are not involved in procurement of business. Surveyors assess losses on behalf of the insurance companies. Third Party Administrators provide services related to health insurance for insurance companies.

Question.112. Answer : Option 2 Explanation: Insurance policies are contracts that provide people with financial security and protection from future uncertainty . In order for the insurance contract to work there are essential principles that must be upheld. These are:

I. Indemnity II. Contribution

III. Insurable Interest IV. Subrogation V. Loss Minimization VI. Proximate Cause VII. Utmost Good Faith



Contribution : When there are two or more insurances on one risk, the principle of contribution comes into play. The aim of contribution is to distribute the actual amount of loss among the different insurers who are liable for the same risk under different policies in respect of the same subject matter. Any one insurer may pay to the insured the full amount of the loss covered by the policy and then become entitled to contribution from his co-insurers in proportion to the amount which each has undertaken to pay in case of the loss of the same subject matter. In other words, the right of contribution arises when:-

• There are different policies which relate to the same subject matter.

• The policies cover the same peril which caused the loss.

• All the policies are in force at the time of the loss.

• One of the insurers has paid to the insured more than his share of the loss.

For example , imagine that you own a truck that is insured by both Company A and Company B to the extent of Rs.50,000 each. If another driver hits your truck and it will cost you Rs.50,000 to fix it, you can submit your claim to Company A, Company B, or to both companies. If Company A compensates you fully, then it can claim a proportionate contribution from Company B (Here Rs.25,000). However, if both companies compensate you fully, you can't keep the full amount and turn a profit, because this would amount to an unfair windfall.

Question.113. Answer : Option 2 Explanation: LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policy term with the provision of payment of lump sum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility. Question.114. Answer : Option 4 Explanation: As per the guidelines set by the Insurance Regulatory and Development Authority (IRDA), the minimum paid-up capitalrequirement for life or general insurance companies, including standalone health insurers, is Rs.100 crore. This is applicable for all irrespective of product portfolio or geographic presence. Question.115. Answer : Option 3 Explanation: Insurance policies are contracts that provide people with financial security and protection from future uncertainty . In order for the insurance contract to work there are essential principles that must be upheld. These are:

I. Indemnity II. Contribution

III. Insurable Interest IV. Subrogation V. Loss Minimization VI. Proximate Cause VII. Utmost Good Faith

Indemnity : A contract of insurance is a contract of 'indemnity'. It means that the insured, in case of loss against which the policy has been issued, shall be paid the actual amount of loss not exceeding the amount of the policy , i.e. he shall be fully indemnified . The object of every contract of insurance is



to place the insured in the same financial position, as nearly as possible, after the loss, as if the loss has not taken place at all. This is applicable to all types of insurance except life, personal accident and sickness insurance. A contract of insurance does not remain a contract of indemnity if a fixed amount is paid by the insurer to the insured on the happening of the event against, whether he suffers a loss or not. Like, in case of life insurance, the insurer is liable to pay the sum mentioned in the policy on the death, or expiry of a certain period.

Question.116. Answer : Option 2 Explanation: The Governing Body of Insurance Council (GBIC) has been established under Redressal of Public Grievances Rules 1998, to set-up and facilitates the Institution of Insurance Ombudsman in India. The aim was quick disposal of the grievances of the insured customers and to mitigate their problems involved in redressal of those grievances so as to protect the interests of policyholders and build their confidence in the insurance system. Insurance ombudsman has two types of functions to perform – conciliation and award making. The insurance ombudsman is empowered to receive and consider complaints in respect of personal lines of insurance from any person who has any grievance against an insurer.

Conciliation vs. Arbitration: The process of adjusting or settling disputes in a friendly manner through extra judicial means.

Conciliation means bringingtwo opposing sides together to reach a compromise in an attempt to avoid taking a case to trial.

Arbitration , in contrast, is a contractual remedy used to settle disputes out of court. In arbitration the two parties in controversy agree in advance to abide by the decision made by a third party called in as a mediator, whereas conciliation is less structured.

Question.117. Answer : Option 2 Explanation: A reinsurer is an insurance company that insures the risks of other insurance companies

In November 2000 , GIC was renotified as India’s Reinsurer. This was followed by the General Insurance Business (Nationalization) Amendment Act of 2002. Coming into effect from 21 March 2003, this amendment ended GIC’s role as a holding company of its subsidiaries. The ownership of the subsidiaries was transferred to the Government of India.

As a result of these reforms, GIC became the sole Re-Insurer in India, and is now called GIC Re.

Question.118. Answer : Option 4 Explanation: Risk denotes a potential negative impact on an asset or some characteristic of value that may arise from some present process or some future event. “Risk” is often used synonymously with “probability” of a loss or threat.

There are various essential conditions that need to be fulfilled before acceptance of insurability of any risk. In case of a scenario where the loss is too huge that no insurer would want to pay for it, the risk is said to be uninsurable. A risk may not be termed as insurable if it is immeasurable, very large, certain or not definable



Question.119. Answer : Option 1 Explanation: The National Agricultural Insurance Scheme (NAIS) was introduced from 1999-2000 replacing the erstwhile Comprehensive Crop Insurance Scheme (CCIS). The main objective of the scheme is to protect the farmers against crop losses suffered on account of natural calamities such as drought, flood, hailstorm, cyclone, fire pests and diseases.

The Agriculture Insurance Company of India Ltd. implements the NAIS.

The NAIS and the Modified NAIS (MNAIS) was subsumed by the Pradhan Mantri Fasal Bima Yojna (PMFBY)which was launched in February 2016.

Question.120. Answer : Option 5 Explanation: ULIP stands for unit linked insurance plans.

ULIP is a combination of insurance and investment. Wealth creation is the goal along with life cover where the insurance company puts a portion of investment towards life insurance and rest into a fund that is based on equity or debt or both just like in a mutual fund and matches with individual long-term goals. Here policyholder can pay a premium monthly or annually.

Question.121. Answer : Option 3 Explanation: The SWIFT India and South Asia Conference held at the St Regis Mumbai saw the participation of 500 delegates representing financial institutions, regulators, market infrastructure experts, multinational corporations, and other industry professionals, to discuss the most pertinent issues concerning the nation’s financial market. Question.122. Answer : Option 2 Explanation: GSP is the largest and oldest U.S. trade preference program. Question.123. Answer : Option 5 Explanation: HDFC ERGO General Insurance Company, announced the launch of 'Mosquito Disease Protection Policy'. This policy will cover an individual against common mosquito-borne diseases like dengue fever, malaria, chikungunya, Japanese encephalitis, kala-azar, lymphatic filariasis and zika virus.

Question.124. Answer : Option 2 Question.125. Answer : Option 2

Question.126. Answer : Option 2



Question.127. Answer : Option 1 Explanation: Merchandise imports reduced from 21.1 per cent to 10.4 per cent. Growth in service exports and imports in dollar terms declined to 5.5 per cent and 6.7 per cent respectively in 2018-19, from 18.8 per cent and 22.6 per cent respectively in 2017-18. Question.128. Answer : Option 4 Explanation: The Insurance Marketing Firm can solicit business for two life insurance companies, two general insurance companies and two health insurance companies at one point of time, under intimation to the regulator. Any change in the names of the companies will have to be carried out with the prior approval of the regulator i.e. IRDAI only. The capital requirement to start IMF is now Rs 10 lakhs and the main objective is to increase the insurance penetration in the country. Question.129. Answer : Option 2 Question.130. Answer : Option 4 Explanation: FSR stands for Financial Stability Report. This report is released by RBI and talks about risks to financial stability in the economy. Question.131. Answer : Option 5 Explanation: Government Sponsored Socially Oriented Insurance Schemes

• Pradhan Mantri Jeevan Jyoti Bima Yojana(PMJJBY)

• Pradhan Mantri Suraksha Bima Yojana(PMSBY)

• Life Cover under Pradhan Mantri Jan Dhan Yojana (PMJDY)

• Varishtha Pension Bima Yojana

• Pradhan Mantri Fasal Bima Yojana(PMFBY)

• Pradhan Mantri Vaya Vandana Yojana(PMVVY)

• Restructured Weather Based Crop Insurance Scheme (RWBCIS)

Varsha Bima or Rainfall insurance was a scheme introduced in 2005 and later became a part of other government scheme for agriculture implemented through Agriculture Insurance Company of India. Varsha Bima is a Rainfall based crop insurance scheme and compensation is paid when the actual rainfall recorded during the season falls short of specified percentage of normal rainfall of the area.

Question.132. Answer : Option 3 Explanation: “Actuary” means a person skilled in determining the present effects of future contingent events or in finance modeling and risk analysis in different areas of insurance, or calculating the value of life interests and insurance risks, or designing and pricing of policies, working out the benefits recommending rates relating to insurance business, annuities, insurance and pension rates on the basis of empirically based



tables and includes a statistician engaged in such technology, taxation, employees’ benefits and such other risk management and investments.

Question.133. Answer : Option 1 Explanation: Pradhan Mantri Jan Arogya Abhiyaan, also known as Ayushman Bharat or the National Health Protection Mission (AB-NHPM), was launched on September, 2018

Ayushman Bharat – National Health Protection Mission will subsume the on-going centrally sponsored schemes – Rashtriya Swasthya Bima Yojana (RSBY) and the Senior Citizen Health Insurance Scheme (SCHIS). It is an important reform and progressive step in healthcare sector.

• The scheme focuses on the poor and weaker sections of the society.

• It aims to provide insurance of up to 5 lakh rupees to each family.

• It intends to improve secondary and tertiary healthcare services for crores of Indians.

Ayushman Bharat has two components namely -

• HEALTH AND WELLNESS CENTRE [HWC]

HWC'S will be upgraded form of primary health centres [PHC].the focus area includes non-communicable diseases and infectious diseases along with neonatal and maternal care. HWC are primarily meant for early detection and prevention. This is significant in sense as burden on secondary and tertiary health system will reduce if early detection takes place, moreover rural areas will benefit as HWC will spread across India.

A Strong Network of 1.5 Lakhs Health and Wellness Centers across the Country would constitute Foundation of India's new Healthcare Systems.

• NATIONAL HEALTH PROTECTION SCHEME [NHPS]

NHPS is an insurance scheme which covers costing up to 5 lakh rupees per family per year for secondary and tertiary care hospitalization. It will cover 10 crores poor and vulnerable families. The scheme will reduce out of pocket expenditure and offers a choice for treatment at private hospitals.

Question.134. Answer : Option 3 Explanation: As per the annual report 2017-18 of IRDA the overall insurance penetration (Premium as % of GDP) in India is 3.69% which is a slight increase from previous year however it is much below the world average i.e. 6.13%.

Insurance penetration and Insurance density reflects the country’s level of development of insurance. Insurance penetration is measured as the percentage of insurance premium to GDP, whereas insurance density is calculated as the ratio of premium to population (per capita premium) sector in a country.

Insurance density in India is 73.0 (US $) which is very low than the world average of 650.

Question.135. Answer : Option 2 Explanation: The Hedging is a financial technique that helps to reduce or mitigate the effects of measurable type of risk from the future changes in the fair value of commodities, cash flows, securities, currencies, assets



and liabilities. It is a kind of an insurance that do not eliminate the risk completely but mitigate its effect.


• Reserve Bank of India (RBI) is the regulator for money markets in India

• Securities and Exchange Board of India (SEBI) is the regulator for capital markets

• Pension Fund Regulatory and Development Authority (PFRDA) is the regulator for pension in India

• Insurance Regulatory and Development Authority (IRDA) is responsible for regulating and promoting the insurance and re-insurance industries in India.

Question.137. Answer : Option 3 Explanation: Mutual Fund act as trusts which pool the savings of investors, reinvest them in securities/funds to earn profits and then distribute the dividend earned amongst the investors. In return, the Asset Management Companies (AMC’s) charge a certain amount as fees for this service. These AMC’s are registered with SEBI and is regulated by the SEBI (Mutual Fund) Regulations, 1996.

Mutual funds are described as TRUSTS in the SEBI Regulations, 1996.

Question.138. Answer : Option 3 Explanation: 80 c = certain investments eligible for deduction up to Rs.150000 from income

80CCC = deduction allowed for premium paid for annuity plan of an insurer

80 D = deduction for premium paid for health/medical insurance

80 E = deduction allowed for interest on education loan

80G = deduction for donations made

Question.139. Answer : Option 3 Explanation: A Payment Bank is set up to provide small savings accounts and payments/remittance services to migrant labour workforce, low-income households, small businesses, other unorganised sector entities and other users. The deposits can be accepted upto Rs.1 Lakh only in form of demand deposits only.

The payments bank cannot undertake lending activities and cannot issue credit cards.

Question.140. Answer : Option 3 Explanation: Small Industries Development Bank of India (SIDBI) is a development financial institution in India for developing and financing micro, small and medium enterprise sector. It was established in 1990.



Question.141. Answer : Option 4 Explanation: CIBIL (Credit Information Bureau (India) Limited) is a Credit Bureau or Credit Information Company. This company is engaged in maintaining the records of all the credit-related activities of companies as well as individuals including credit cards and loans. As such, banks check the CIBIL to know the credit score of an individual/business before extending it a new loan.

A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report information typically sourced from credit bureaus.

Question.142. Answer : Option 4 Explanation: A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase, leasing, factoring, peer-to-peer lending, asset reconstruction, micro-finance, etc. NBFCs are also regulated by Reserve Bank of India (RBI) in India.

Question.143. Answer : Option 4 Explanation: The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. he Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004 (except for armed forces). Any individual not being covered by any Government or State Sector has been allowed to join NPS architecture under the All Citizens of India sector from May 01, 2009.

Question.144. Answer : Option 1 Explanation: Demand and Supply are the most integral and vast concept or you can say the backbone of the economic world or the market.

DEMAND- Demand refers to the quantity of certain goods and services desired by the consumers in the market

SUPPLY- Supply refers to the quantity of certain goods and services which are provided to the market place by the desired suppliers of the market.

The law of supply and demand is an economic theory that explains how supply and demand is related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.

There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.

The same inverse relationship holds for the demand of goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.



Question.145. Answer : Option 3 Explanation: Direct taxes are directly imposed on the tax payer. They depend on the income and wealth of an individual or entity.

Some of the important direct taxes imposed in India are mentioned below:

Income Tax - It is imposed on an individual who falls under the different tax brackets based on their earning or revenue and they have to file an income tax return every year after which they will either need to pay the tax or be eligible for a tax refund.

Estate Tax – Also known as Inheritance tax, it is raised on an estate or the total value of money and property that an individual has left behind after their death.

Wealth Tax – Wealth tax is imposed on the value of the property that a person possesses.

However, both Estate and Wealth taxes are now abolished.

Sales tax is an indoirect tax which has now been subsumed by the GST .

Question.146. Answer : Option 3 Explanation: Cross-selling identifies products that satisfy additional, complementary needs that are unfulfilled by the original item. For example, a comb could be cross-sold to a customer purchasing a blow dryer. Oftentimes, cross-selling points users to products they would have purchased anyways; by showing them at the right time, a store ensures they make the sale.

Cross-selling is prevalent in every type of commerce, including banks and insurance agencies. Credit cards are cross-sold to people registering a savings account, while life insurance is commonly suggested to customers buying car coverage.

In ecommerce, cross-selling is often utilized on product pages, during the checkout process, and in lifecycle campaigns. It is a highly-effective tactic for generating repeat purchases, demonstrating the breadth of a catalog to customers. Cross-selling can alert users to products they didn't previously know you offered, further earning their confidence as the best retailer to satisfy a particular need.

Question.147. Answer : Option 2 Explanation: Return on Assets (ROA) is a type of return on investment (ROI) that measures the profitability of a business in relation to its total assets. This ratio indicates how well a company is performing by comparing the profit it’s generating to the capital it’s invested in assets. The higher the return, the more productive and efficient management is in utilizing economic resources. Below you will find a breakdown of the ROA formula and calculation.

The ROA formula is:

ROA = Net Income / Average Assets

ROA = Net Income / End of Period Assets

Where:

Net Income is equal to net earnings or net income in the year (annual period)

Average Assets is equal to ending assets minus beginning assets divided by 2



Question.148. Answer : Option 1 Explanation: Repo rate is the rate at which RBI lends to banks against government securities to meet their short term liquidity requirements. Repo and reverse repo rate are the monetary policy tools used by RBI to control credit in the system.

As of March 2019, the repo rate stands at 6.25% and reverse repo rate at 6%.

Question.149. Answer : Option 4 Explanation: A rights issue is an offering of rights to a company's existing shareholders that entitles them to buy additional shares directly from the company in proportion to their existing holdings, within a fixed time period. The shareholders have to pay a price as determined by the company and it is not free of cost.

Question.150. Answer : Option 3 Explanation: Options give an investor the right to buy or sell but not the obligation. As such it limits the loss of the investor and is therefore the least risky amongst the financial derivatives.

LIC ADO Mains Mock Test 1 Section - ixamBee

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