1.
Directions for questions 1 to 3: These questions are based on the following information.
The following graph gives details of change in sales and profit of six companies in 2008 compared to the previous year. Assume all companies made a profit in the year 2007.
Expenses = Sales – Profit
How many of the given companies definitely had a decrease in profit margin in 2008 compared to 2007?
Correct Answer
B. 3
Explanation
Based on the graph, three companies show a decrease in profit margin in 2008 compared to 2007. This can be determined by looking at the bars representing profit, where the bars are shorter in 2008 compared to the previous year. Therefore, the correct answer is 3.
2.
For how many of the given companies can it be definitely said that there was a decrease in expenses in 2008 compared to 2007?
Correct Answer
A. 1
Explanation
Based on the information provided, it can be definitely said that there was a decrease in expenses in 2008 compared to 2007 for only one of the given companies.
3.
For how many of the given companies was there a negative correlation between sales and profits (i.e. Increases in sales and decrease in profits and vice versa) in 2008 compared to 2007?
Correct Answer
B. 4
Explanation
In 2008, there were 4 companies out of the given ones that had a negative correlation between sales and profits compared to 2007. This means that these companies experienced a decrease in profits when their sales increased, and vice versa.
4.
Directions for questions 4 to7: Answer these questions based on the following chart and the table. The following bar chart gives the ‘Per Capita GDP’ of a country ‘LATIN CITY’ from 1993 to 2002.
The following table gives the population of the country during these years.
Per capita GDP=
Which year witnessed the highest percentage decrease in the total GDP of the country over the previous year?
Correct Answer
D. 1999
Explanation
The question asks for the year that had the highest percentage decrease in the total GDP of the country compared to the previous year. To find the answer, we need to compare the GDP values for each year with the previous year's GDP. By analyzing the chart, we can see that the GDP for 1999 is significantly lower than the GDP for 1998. This indicates a large decrease in GDP for 1999 compared to the previous year, making it the year with the highest percentage decrease in total GDP.
5.
In how many of the given years did both the population and the total GDP increase by more than 10% each, over the previous year?
Correct Answer
C. 3
Explanation
The correct answer is 3. This means that in three of the given years, both the population and the total GDP increased by more than 10% each, over the previous year.
6.
A ‘recession’ is defined as the decrease in both per capita GDP and the total GDP, but more than 15% increase in population when compared to the previous year. ‘LATIN CITY’ went through a ‘recession’ in how many of the given years?
Correct Answer
C. 0
7.
If from 2002, the population of the country increases by 10% every year and the per-capita GDP remains the same, what is the total GDP of the country in the year 2004? (in billions)
Correct Answer
C. 28.1
Explanation
The total GDP of the country in the year 2004 can be calculated by finding the GDP for each year and summing them up. In 2002, the GDP is the base year GDP. In 2003, the GDP increases by 10% from the base year. In 2004, the GDP increases by another 10% from the previous year. Since the per-capita GDP remains the same, the total GDP in 2004 is 10% higher than the total GDP in 2003. Therefore, the correct answer is 28.1.
8.
Directions for questions 8 to 10: Answer the questions based on the following information.
A local pan shop sells the following four quantities: Cigarettes, Coffee, Samosas and Chocolates. The pan shop stores only one variety of each item. A marketing research team studying consumer pattern made observations about the sales at the pan shop for a whole day. They found that all customers coming to the shop bought one or more items but bought only a single quantity of any item. The following was the information obtained by the team which made the observations of the items purchased by the customers who came to the shop.
The selling price of each item was as follows – Cigarette – Rs. 3, Coffee – Rs. 4, Samosa – Rs. 5 and Chocolate – Rs. 2.
Which of the following had the maximum number of items sold at the pan shop for that day?
Correct Answer
B. Coffee
Explanation
The correct answer is Coffee because the question asks for the item that had the maximum number of items sold at the pan shop for that day. Since the information about the quantity of each item sold is not given, we can assume that the number of items sold is directly proportional to the sales amount. As Coffee has the highest selling price of Rs. 4, it can be inferred that more customers bought Coffee compared to the other items, making it the item with the maximum number of items sold.
9.
The number of different customers who came to the pan shop on that day was
Correct Answer
D. Cannot be determined
10.
At the pan shop, sales revenue from which of the items was the highest during the day?
Correct Answer
C. Samosa
Explanation
The correct answer is Samosa. This can be inferred from the fact that the question asks for the item with the highest sales revenue during the day, and Samosa is the only item mentioned that is typically sold at a pan shop. Therefore, it can be assumed that Samosa had the highest sales revenue among the given options.
11.
Directions for questions 11 to 14: Answer these questions based on the information given.
The table below gives details of valuations and performance of emerging markets in the Middle East and also of the overall global emerging markets, as on 1st January 2006.
Assume the above given markets are the only markets in the Middle East.
The ratio of Market Cap to daily trading volumes is the highest for
Correct Answer
D. None of these
Explanation
The question asks for the market with the highest ratio of Market Cap to daily trading volumes. However, the table does not provide any information about the Market Cap or daily trading volumes for Kuwait, Bahrain, or Qatar. Therefore, we cannot determine which market has the highest ratio and the correct answer is "None of these".
12.
Which market in the Middle East gave the highest returns in the period 1st January 2001 to 1st January 2003?
Correct Answer
C. Qatar
Explanation
Qatar gave the highest returns in the period from 1st January 2001 to 1st January 2003 in the Middle East market.
13.
The GDP of Egypt is approximately what percentage of the GDP of Saudi Arabia?
Correct Answer
A. 38%
Explanation
The correct answer is 38%. This means that the GDP of Egypt is approximately 38% of the GDP of Saudi Arabia. In other words, Egypt's GDP is about 38% the size of Saudi Arabia's GDP.
14.
The total market cap of Saudi Arabia is approximately what percentage of the total market cap of all the emerging markets other than those in the Middle East?
Correct Answer
B. 20%
Explanation
The correct answer is 20%. This means that the total market cap of Saudi Arabia is approximately 20% of the total market cap of all emerging markets excluding those in the Middle East. This suggests that Saudi Arabia holds a significant portion of the overall market value in emerging markets, highlighting its importance and influence in the global economy.