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Reasoning: Logical Reasoning Based on Banking Mains Exam

1. Statements: Many sociologists have argued that there is a functional relationship between education and economic systems. They point to the fact that mass formal education began in industrial society and is an established part of all industrial societies.

Which of the following inferences can be drawn from the above statements?

1)  Formal education has suffered a setback due to industrial society.

2)  Industrial society is responsible for expansion of education at the mass level.

3)  Formal education can be traced to industrial society.

4)  Industrial society changed the pattern of education.

5)  None of these

2. Statements: A country X has no national gun act. There is no firearms control and licensing mechanism in the country. The general public is free to acquire gun. The people require arms for their safety. This has ultimately increased the crime rate considerably in the country.

Which of the following inferences can be drawn from the above statements?

1)  It is not necessary to license gun or firearms.

2)  The gun or firearms act is opposed by the people of the country.

3)  The Government should make all necessary arrangements to enact firearms act.

4)  Many countries in the world have no firearms act

5)  None of these

3. Statement: According to a survey conducted by a magazine Pulse, College XYZ ranked best among all the MBA institutes in the country.

Which of the following statements substantiates the fact expressed in the above statement?

1)  A large number of students of College XYZ find better placement after completing their course.

2)  There are many institutes which have better infrastructure than College XYZ.

3)  The rate of enrolment in College XYZ has come down in recent years.

4)  Majority of the institutes have contradicted the findings of the magazine Pulse.

5)  None of these

4. Statements: There are several types of wrist watches in the world. A new type of digital wrist watch has been introduced in the market which can calculate the life span of a person. The wrist watch stops when the person dies.

Which of the following can be concluded from the facts given in the statements?

1)  This could lead to chaos and confusion in the world.

2)  A person can know how long his life is left and he could live his life happily.

3)  The new wrist watch has altered the life pattern of the people.

4)  The statement implies that death is certain.

5)  None of these

5. Statements: The United States-based FMCG company has developed a new deodorant. The company selected a mediaperson couple for its promotion and marketing. They marketed it through television, radio, print, hoarding and social media

Which of the assumptions is implicit in the above statements? (An assumption is something supposed or taken for granted)

1)  People do not pay heed to advertisements and buy such goods as are available easily.

2)  Marketing through electronic media has not proved to be very effective.

3) People want to see film stars and famous sports personality in the advertisement of an FMCG product.

4) Some people may tend to buy the deodorant of the United States-based FMCG company.

5)  None of these

6. Statement: The luxury car manufacturer Phantom has increased the price of its stunning, fastest limousine car by about 45 per cent.

Which of the following can be the best possible reason for the above step taken by the car manufacturer?

1)  The government is planning to review taxes on the raw materials for manufacturing cars.

2)  The car sales market is going through a jubilant phase as the volume of sales has picked up considerably in the recent past.

3)  The limousine car is the best in its segment and no other car is posing any challenge to this car.

4)  Car buyers prefer to buy limousine car as it provides efficient after-sales service.

5)  None of these

7. Statement: Experts define social entrepreneurship as such that pursues opportunities to serve the mission to give solutions to social problems. Business entrepreneurs typically measure performance in profit and return.

Which of the following can be concluded from the above statements?

1)  It is possible to address social problems while making business profitable.

2)  Social entrepreneurship is different from business entrepreneurship.

3)  Business entrepreneurship does not care about social problems while devising its business policy.

4)  Business entrepreneurship is more important than social entrepreneurship.

5)  None of these

8. Statement: A first-past-the-post election is one that is won by the candidate with more votes than others. Highest vote, majority vote and plurality voting system use a first-past-the-post voting method but there are subtle differences in the method of execution.

Which of the following can be the best reason for the assertion made in the above statement?

1)  It is not possible to execute the plurality voting system.

2)  The plurality voting system uses a very complex procedure so it is not a practical approach.

3)  A system which is simple gets wide acceptance.

4)  The method is not so important in electing a candidate.

5)  None of these

9. Statement: According to a survey, innumerable diseases and unhealthy habits from the recent pandemic to cancer, AIDS and obesity have plagued mankind.

Which of the following may be the most plausible cause of the situation given in the above statements ?

1) The lifestyle and food habits of people are responsible for this state.

2) Environmental degradation has led to the present situation.

3) People remain ignorant about their health.

4) Technological advancement and fast pace of life are contributing to the spread of diseases.

5) None of these

10. Statements: The ‘X’ finance company has launched a new tractor loan scheme. It has brought prosperity among the farmers.

Which of the following assumptions is implicit in the above statements? (An assumption is something supposed or taken for granted.)

1)  The prosperity of farmers solely depends upon the tractor loan scheme.

2)  Tractor is an important input for farmers to enhance the farm activities.

3)  Earlier there was no tractor loan scheme for farmers.

4)  Farmers do not prefer to take loans for buying tractors.

5)  None of these

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