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FLT-D001

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Instructions
1. The test comprises of 30 questions. You should complete the test within 40 minutes.
2. There is only one correct answer to each question.
3. All questions carry four marks each.
4. Each wrong answer will attract a penalty of one mark.

Answer Questions 1 to 4 on the basis of the information given below


The Graph, Pie chart and second graph above represent the Net Sales, fixed Assets and profit After TAX of the company XYZ Ltd. For a period of Five years , from 1998 to 2002.


1. Profitability = (Profit After Tax)/(Net Sales)
2. Turnover Ratio = Net Sales/Fixed Assets

1. Which year, of the given years witnessed the least profitability?

  • a. 1998
  • b. 2001
  • c. 2002
  • d. None
  • e.Not Attempted

2. If the Fixed assets grew by 10% every year, starting from 1998 , then of the five years given , in which year was the turnover ratio the highest?

  • a. 1999
  • b. 2000
  • c. 2001
  • d. None
  • e.Not Attempted

3. If the fixed assets remained constant over the five years shown , then for how many of these years was the total worth of the workshop , Land and Building more than the profit After Tax in that year?

  • a. 5
  • b. 4
  • c. 3
  • d. None
  • e.Not Attempted

4. If the information in the above question is considered to be true , and if the fixed assets in the year 2003 remained the same as in the year 2002 while the respective rates of growth (per annum) of both profit After Tax and Net Sales remained the same as those for the year 2002, then which of the following statements must be true?

  • a.In 2003 , the profitability was 0.72 approximately.
  • b.In 2003, the Turnover Ratio was 2.7 approximately.
  • c. In 2003, the profit After Tax increased by more than what the Net Sales increased by
  • d. none
  • e.Not Attempted

Answer Questions 5 to 8 on the basis of the information given below FEI for a country in a year, is the ratio (expressed as a percentage) of its foreign equity inflows to its GDP.
The Below Figure displays the FEIs for select Asian countries for 1997 and 1998.


5. The country with the highest percentage change in FEI in1998 relative to FEI in 1997 , is

  • a. India
  • b. China
  • c. Malaysia
  • d. Thailand
  • e.Not Attempted

6. Based on the data provided , it can be concluded that

  • a. absolute value of foreign equity inflows in 1998 was higher than that in 1997 for both Thailand and South Korea
  • b. absolute value of foreign equity inflows was higher in 1998 for Thailand and lower for china than the corresponding value in 1997
  • c. absolute value of foreign equity inflows waslower in 1998 for both India & china than the corresponding value in 1997.
  • d. None of the above.
  • e.Not Attempted

7. It is known that chinas GDP in 1998 was 7% higher than its value in 1997, while Indias GDP grew by 2 % during the Same period. The GDP of South Korea, on the other hand, fell by 5%. Which of the following statements is/are true.
I. Foreign equity inflows to china were higher in 1998 than in 1997.
II. Foreign equity inflows to china were lower in 1998 than in 1997.
III. Foreign equity inflows to India were higher in 1998 than in 1997
IV. Foreign equity inflows to South Korea decreased in 1998 relative to 1997.
V. Foreign equity inflows to South Korea increased in 1998 relative to 1997.

  • a. I,III AND IV
  • b. II,III & IV
  • c. I,III & V
  • d. II &V
  • e.Not Attempted

8. Chinas foreign equity inflows in 1998 were 10 times that of India. It can be concluded that

  • a. Chinas GDP in 1998 was 40% higher than that of India.
  • b. Chinas GDP in 1998 was 70% higher than that of India.
  • c. Chinas GDP in 1998 was 50% higher than that of India.
  • d. None of the above
  • e.Not Attempted
Answer Questions 9 to 11 on the basis of the information given below
In a family of 7 members, As children and Gs children are different and are all present in the family. E id Ds nephew. B,C and D are siblings , while G is younger to A. E and F are siblings and B is not married. Also , only one of Ds parents is alive and present in the family. It is known that the family has exactly three generations In it.

9 Who are children of A?

  • a. E & F
  • b. B, C and D
  • c. only G
  • d. Cannot be determined.
  • e.Not Attempted

10. Who among the following is Gs spouse?

  • a. A
  • b. F
  • c. C
  • d. D
  • e.Not Attempted

11.who among the following cannot be As daughter?

  • a. B
  • b. C
  • c. D
  • d. G
  • e.Not Attempted

Answer the questions 12 to 16 based on the following information.
Factory Sector by Type of Ownership (All figures in the table are in percentage of the total for the corresponding column.)

12. Suppose the average employment level is 60 per factory. The average employment in wholly private factories is approximately

  • a. 43
  • b. 47
  • c. 50
  • d. 54
  • e.Not Attempted

13. Among the firms in different sectors, value added per employee is highest in

  • a. central govt
  • b. central and state/local govt
  • c. joint sector
  • d. wholly private
  • e.Not Attempted

14. Capital productivity is defined as the gross output value per rupee of fixed capital . The three sectors with the higher capital productivity , arranges in descending orders are

  • a. Joint, wholly private , central and state/local.
  • b. Wholly private, Joint , central and state/local.
  • c. Wholly private , central and state/local, Joint.
  • d. Joint, Wholly private, central
  • e.Not Attempted

15. A sector is considered pareto efficient if its value added per employee and its value added per rupee of fixed capital is higher than those of all other sectors. Based on the table data, the pareto efficient sector is

  • a. Wholly private
  • b. Joint
  • c. central and state/local
  • d. others
  • e.Not Attempted

16. The total value added in all sectors is estimated at Rs 1,40,000 crore . Suppose the number of firms in the joint sector is 2,700 . The average value added per factory , in the central government is

  • a. Rs. 141 crore
  • b. Rs. 14.1 crore
  • c. Rs. 131 crore
  • d. Rs. 13.1 crore
  • e.Not Attempted

Answer the questions 17 to 22 based on the following information.

The Figures below present annual growth rate, expressed as the percentage change relative to the previous year, in four sectors of the economy of the republic of reposia during 9-year period from 1990 to 1998. Assume that the index of Production for each of the four sectors is set at 100 in 1989. Further, the four sectors: Manufacturing, mining and quarrying, Electricity, and chemicals, respectively, constituted 20%, 15% ,10% and 15% of total industrial production in 1989.

17. which is the sector with the highest growth during the period 1989 to 1998?

  • a. manufacturing
  • b. mining and quarrying
  • c. electricity
  • d. chemicals
  • e.Not Attempted

18. The overall growth rate in 1991 of the four sectors together is approximately

  • a. 10%
  • b. 1%
  • c. 2.5%
  • d. 1.5%
  • e.Not Attempted

19. When was the highest level of production in the manufacturing sector is achieved during the 9-year period 1990-98?

  • a.1998
  • b.1995
  • c.1990
  • d.None
  • e.Not Attempted

20. When was the lowest level of production in the mining and quarrying sector is Achieved during the 9-year period 1990-98?

  • a. 1996
  • b. 1993
  • c. 1990
  • d. None
  • e.Not Attempted

21. The percentage increase of production in the four secors , namely , Manufacturing , mining and quarrying, Electricity & chemicals, taken together in 1994 , relative to 1989 is approximately

  • a. 25%
  • b. 20%
  • c. 50%
  • d. 40%
  • e.Not Attempted

22.It is known that the index of total industrial production in 1994 was 50% more than that in 1989. Then, the percentage increase in production between 1989 and 1994 in sectors other than the four listed above is

  • a. 57.5 %
  • b. 87.5%
  • c. 127.5%
  • d. 47.5%
  • e.Not Attempted
Directions for questions 23 to 29
Mark the answer as
a. if the question can be answered by one of the statement alone, but cant be answered by using the other statement alone . b. if the question can be answered by either statement alone. c. if the question can be answered only by using both the statements. d. if the question can not be answered.

23. Let X be real number . is the modulus of X necessarily less than 3.?
I. X(X+3)<0.
II. X(X-3)>0.

  • a. Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b. Above question can be answered by either statement alone.
  • c. Above question can be answered only by using both the statements.
  • d. Above question can not be answered.
  • e.Not Attempted

24.Consider three real numbers X, Y and Z . is Z is the smallest of these numbers?
I. X is greater than at least one of Y& Z.
II. Y is greater than at least one of X& Z.

  • a.Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b.Above question can be answered by either statement alone.
  • c.Above question can be answered only by using both the statements./li>
  • d.Above question can not be answered.
  • e.Not Attempted

25. How many people are watching TV program P?
I. Number of people watching TV program Q is 1000 and number of people watching both the programs P and Q is 100.
II.Number of people watching either P or Q or both is 1500.

  • a.Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b.Above question can be answered by either statement alone.
  • c.Above question can be answered only by using both the statements.
  • d. Above question can not be answered.
  • e.Not Attempted

26. There are two straight lines in the X-Y plane with equations : ax+by=c & dx+ey=f
Does the two straight lines intersect?
I. a,b,c,d,e and f are distinct real numbers
II. c and f are non-zero

  • a.Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b.Above question can be answered by either statement alone.
  • c.Above question can be answered only by using both the statements.
  • d.Above question can not be answered.
  • e.Not Attempted

27. What are the ages of two individuals X and Y?
I.The age differnce between them is 6 years
II. The product of their ages is divisible by 6.

  • a.Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b.Above question can be answered by either statement alone.
  • c.Above question can be answered only by using both the statements.
  • d.Above question can not be answered.
  • e.Not Attempted

28. If a,b,c,d are integers , then ac+ad-bc-bd even?
I. a+c is even
II. c+d is even

  • a.Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b.Above question can be answered by either statement alone.
  • c.Above question can be answered only by using both the statements.
  • d.Above question can not be answered.
  • e.Not Attempted

29. who is the fastest worker among A, B, C and D?
I.A, B and C can complete a work W in 10 days.
II.B,C and D can complete a work W in 25 days

  • a.Above question can be answered by one of the statement alone, but cant be answered by using the other statement alone
  • b.Above question can be answered by either statement alone.
  • c.Above question can be answered only by using both the statements.
  • d.Above question can not be answered.
  • e.Not Attempted

30.Persons X,Y, Z and Q live in Red, Green or Blue coloured houses placed in a sequence on a street. Z lives in a yellow house. The green house is adjacent to the blue house. X does not live adjacent to Z. The yellow house is in between the green and red houses. The color of the house, X lives in is

  • a. Blue
  • b. Green
  • c. Red
  • d. None
  • e.Not Attempted

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