V1

TEST #1

Section A: Logical Reasoning & Decision Making (20 minutes)

Total Marks: 20 (2 marks each)

1. A marketing team has been given the task of launching a new product. However, due to
unforeseen circumstances, the product was launched without being thoroughly tested. Some
minor defects have been found, but no customers have complained yet. The issue, however, has
been made public by the media. What should the marketing team do?

a) Ignore the media’s coverage and continue with sales

b) Investigate the issue and issue a public statement regarding the defects
c) Halt the production and recall all units immediately
d) Focus on negative marketing to distract from the issue

2. A customer approaches a sales representative, saying they cannot afford the product because it
is too expensive. What should the sales representative do to convince them to buy?

a) Offer a discount immediately

b) Explain the product's long-term value and how it would be a worthwhile investment
c) Tell the customer that the product is the best in the market and price shouldn’t be a concern
d) Apologize and suggest a cheaper alternative

3. A customer proposes a deal where they will pay a 25% down payment and the rest in two
years with no interest. The shopkeeper refuses but offers a counter-deal: providing services in
exchange for half the payment upfront and the other half later. What type of communication is
this?

a) Persuasive communication
b) Negotiation communication
c) Transactional communication
d) Instructional communication

4. After receiving an email from a colleague, you realize you have mistakenly attached the
wrong file, and it lacks the necessary context. What should you do next?

a) Ignore it and hope the recipient figures it out

b) Send a follow-up email with the correct attachment and explain the mistake
c) Call the recipient and apologize directly
d) Wait for the recipient to notify you of the mistake
5. An HR manager notices that the salary budget has increased due to 200 overtime hours.
However, the project deadline has been extended by 2 days, resulting in a 15% increase in time.
How should the HR manager reduce overtime costs?

a) Offer incentives for completing tasks in fewer hours

b) Ask employees to work longer hours to complete the project sooner
c) Analyze the overtime usage and look for process efficiencies to reduce unnecessary overtime
d) Cut overtime hours entirely to balance the budget

6. Maria’s boss gives her work on Friday when she is off. He warns her that completing it will
affect her performance report. Maria knows her boss often makes such comments. Using
emotional intelligence, what should Maria do in this situation?

a) Ignore the comment and complete the work anyway

b) Calmly explain to her boss that she is off and discuss when she can complete the task
c) Take it personally and feel demotivated
d) Complete the work to please her boss without discussing it

7. You are tasked with solving a client’s software issue. The client reports that the program they
launched isn’t working correctly, but you're unsure where to start. What should be the first step?

a) Assume the problem is too complicated and ask for a team meeting
b) Conduct a preliminary analysis of the issue by reviewing the client’s complaint in detail
c) Immediately contact a senior colleague for help
d) Tell the client to wait while you look into the issue at your convenience

8. A manager notices that an employee is frequently arriving late for work, which is affecting
their performance and the team’s morale. What should the manager do?

a) Ignore the issue, hoping the employee will improve on their own
b) Have a one-on-one conversation with the employee to understand the underlying reasons and
offer support
c) Publicly reprimand the employee in front of the team
d) Give the employee a formal warning without understanding the reason for lateness

Section B: Basic Aptitude & Problem-Solving (40 minutes)

Total Marks: 40 (2 marks each)

1. A company has launched a product that has received some complaints about its quality. The
management decides to investigate the issue. Which course of action should they take first?

a) Withdraw the product from the market immediately

b) Investigate the root cause of the defect to prevent recurrence
c) Ignore the complaints as the product is selling well
d) Focus on marketing campaigns to shift attention from the issues

2. A bank has started accepting payments via online wallets. What is the most likely cause for
this new development?

a) A global ban on cash transactions

b) Increased demand for digital payment solutions
c) Legal requirement to accept online payments
d) The bank has no physical branch to accept payments

3. The monthly expenses for a household are as follows:

• Rent: 40%
• Utilities: 20%
• Groceries: 30%
• Miscellaneous: 10%
If the total monthly expense is $2,500, how much is spent on groceries?

a) $600
b) $700
c) $750
d) $800

4. A man takes 10 days to complete a job while his colleague takes 40 days. How long would it
take for both of them to complete half the job together?

a) 8 days
b) 6 days
c) 5 days
d) 4 days

5. If a bank charges a simple interest rate of 8% per annum on a loan of $10,000, what would the
total interest be after 3 years?

a) $2,400
b) $2,000
c) $2,800
d) $3,200

6. A car travels 60 km in 1 hour. How long will it take to travel 150 km at the same speed?

a) 2 hours
b) 2.5 hours
c) 3 hours
d) 2 hours 30 minutes
7. A factory produces 400 units of product A in 8 hours. How many units will it produce in 12
hours at the same rate?

a) 500 units
b) 600 units
c) 450 units
d) 550 units

8. A bag contains 10 red balls, 15 green balls, and 20 blue balls. What is the probability of
drawing a green ball?

a) 15/45
b) 15/50
c) 1/3
d) 3/10

9. The ratio of gold to silver in a company’s stock is 13:7. If 30 ounces of silver are added, the
ratio becomes 1:1. How many ounces of gold were initially in stock?

a) 39 ounces
b) 52 ounces
c) 65 ounces
d) 30 ounces

10. A pie chart represents the expenses of a household. The rent section occupies 30% of the
total pie. If the total monthly expenses are $2,000, how much is spent on rent?

a) $600
b) $700
c) $500
d) $400
 TEST #2
Section A: Logical Reasoning & Decision Making (20 minutes)

Total Marks: 20 (2 marks each)

1. A tech company launched a new software update. A few users report that the update causes
system crashes, but it hasn’t affected all users, and no one has experienced data loss. The media
is covering the story. What is the best course of action for the company?

a) Ignore the complaints and let the media focus on the product's features
b) Immediately roll back the update to avoid further problems
c) Investigate the issue thoroughly, provide a patch for affected users, and issue a statement
d) Discredit the reports as isolated cases and continue pushing the update

2. A senior manager consistently pressures employees to work overtime, claiming that the
company's success relies on their extra effort. The team is frustrated, and productivity is
declining. What is the best course of action for the manager to improve the situation?

a) Continue pressuring employees, believing that the team will eventually adjust
b) Hold a meeting to understand the employees’ concerns and explore more sustainable work
practices
c) Set up an anonymous feedback system but ignore the results
d) Assign even more overtime to demonstrate that the company values hard work

3. A client is asking for a discount on a product, but your company has a strict policy against
price reductions. However, the client has been loyal for several years. What is the most ethical
response?

a) Offer a small discount to maintain the client’s business

b) Reaffirm the no-discount policy and suggest other value-added services
c) Offer a large discount to keep the client happy
d) Ignore the client’s request, as they should understand the policy

4. A team member regularly presents incomplete reports during meetings, and it is affecting the
team’s ability to make decisions. What should the manager do to address this issue?

a) Publicly reprimand the employee for their lack of preparation

b) Give the employee another chance and ask them to provide a more comprehensive report next
time
c) Set up a one-on-one meeting to understand the cause of the issue and offer training or support
d) Assign the task to someone else who is more reliable

5. A company has a product with a growing market share, but competitors are releasing similar
products with additional features. What should the company do to maintain its competitive edge?
a) Immediately release new features, even if they are not fully developed, to stay ahead of the
competition
b) Focus on marketing the current product as superior and ignore the new competitors
c) Analyze the competitors’ strengths and weaknesses, and improve their product based on
customer feedback
d) Exit the market to avoid the competition

6. A client is reporting recurring issues with a service that your company provides, but your
company’s records show that there haven’t been any major complaints or faults with the service.
What is the best first step to address the situation?

a) Disregard the client’s complaint, as there’s no evidence of a widespread problem

b) Request a detailed report from the client about the recurring issues and investigate further
c) Tell the client that their issue is likely an isolated case and ignore the problem
d) Offer a refund or compensation to appease the client without investigating

7. You are assigned a project where the goal is to improve team productivity. After assessing the
situation, you find that the team lacks motivation and there are significant communication gaps.
What is your first course of action?

a) Call for a team-building session to address communication issues

b) Focus solely on individual productivity improvements without considering team dynamics
c) Set clear goals and deadlines for everyone, regardless of the communication issues
d) Conduct a team survey to gather detailed feedback and identify specific challenges

8. A company has been receiving significant customer complaints about the quality of its
product, but the production team insists that the product meets all quality standards. What should
the management do next?

a) Defend the production team’s stance and ignore the customer complaints
b) Temporarily stop production and conduct a thorough review of the manufacturing process
c) Offer a refund to all dissatisfied customers and stop selling the product
d) Explain to customers that the complaints are unwarranted and continue selling as usual

Section B: Advanced Aptitude & Problem-Solving (40 minutes)

Total Marks: 40 (2 marks each)

1. A company has 500 employees. 60% of them are women, and the remaining are men. If 40%
of the women and 25% of the men are working in management roles, how many employees in
management positions are women?

a) 150
b) 120
c) 100
d) 200

2. In a factory, Machine A produces 100 units in 8 hours, and Machine B produces 150 units in
12 hours. If both machines work together, how many units will they produce in 20 hours?

a) 500 units
b) 550 units
c) 600 units
d) 650 units

3. A store offers a 25% discount on a product priced at $240. The customer uses a coupon for an
additional 10% off the discounted price. What is the final price the customer pays?

a) $162
b) $168
c) $170
d) $180

4. The average age of a group of 5 people is 40 years. If a new person joins the group and the
average age becomes 42 years, what is the age of the new person?

a) 45 years
b) 50 years
c) 55 years
d) 60 years

5. The price of a stock increases by 20% in the first month, then decreases by 10% in the second
month. What is the overall percentage change in the price of the stock after two months?

a) 8% increase
b) 7% decrease
c) 9% increase
d) 12% decrease

6. A person invests $5,000 in a savings account that earns simple interest at an annual rate of 6%.
How long will it take for the investment to grow to $6,500?

a) 2 years
b) 3 years
c) 4 years
d) 5 years

7. A man walks 6 km per hour. He takes 30 minutes to walk upstream and 40 minutes to walk
back downstream. What is the speed of the river current?
a) 1 km/h
b) 2 km/h
c) 3 km/h
d) 4 km/h

8. A pie chart shows the percentage distribution of sales in four regions. The regions contribute
30%, 25%, 20%, and 25% of total sales respectively. If the total sales amount to $120,000, how
much sales revenue does the region contributing 30% generate?

a) $36,000
b) $30,000
c) $28,000
d) $32,000

9. A sequence of numbers follows a pattern: 2, 5, 11, 23, 47, ___. What is the next number in the
sequence?

a) 95
b) 93
c) 89
d) 99

10. A factory produces two types of products. Product A requires 3 hours of labor and 4 units of
material, while Product B requires 5 hours of labor and 6 units of material. The factory has a
total of 120 hours of labor and 150 units of material. How many of each product can be produced
if the factory wants to maximize output?

a) 15 Product A, 12 Product B
b) 10 Product A, 20 Product B
c) 12 Product A, 18 Product B
d) 14 Product A, 14 Product B
 TEST #3
Section A: Logical Reasoning & Decision Making (20 minutes)

Total Marks: 20 (2 marks each)

1. A new project is being introduced at a company, and the management has decided to delegate
tasks to the team. However, there is uncertainty regarding how the workload will be divided, and
some employees express concerns about fairness. What should the manager do to address the
situation?

a) Assign the tasks based on seniority

b) Hold a team meeting to discuss workload distribution and address concerns
c) Assign the tasks based solely on the manager’s judgment, without input from the team
d) Ignore the concerns and distribute the workload equally

2. A company has just received a huge investment, and the CEO is focused on expanding
rapidly. However, some employees feel that the company’s growth is moving too fast and that it
could lead to operational issues. What should the employees do to express their concerns?

a) Wait and see how things unfold before speaking up

b) Approach the CEO directly with a proposal for a slower, more controlled growth strategy
c) Raise concerns with their immediate manager and ask for a delay in expansion
d) Ignore their concerns, as the CEO’s decision is final

3. A team has been given the task of completing a complex project, but a key member of the
team has fallen ill and will be unavailable for a significant period. The team is now under
significant pressure to meet the deadline. What should the project manager do?

a) Reassign the tasks of the ill team member to others without considering the workload
b) Extend the project deadline by a few weeks
c) Evaluate the workload and adjust task assignments based on the remaining team’s capacity
d) Proceed without reassigning tasks, assuming the team can handle it

4. You are asked to evaluate the performance of a colleague who has been underperforming.
After talking to them, you learn that their lack of performance is due to personal issues outside of
work. What should you do as a manager?

a) Ignore the personal issues and focus solely on their performance at work
b) Provide support and adjust their workload temporarily, while monitoring their performance
closely
c) Reprimand the colleague for not separating personal and professional life
d) Ignore the colleague’s issues and proceed with the evaluation as normal
5. A company has a strict policy of no refunds or returns on products, but a customer claims to
have received a faulty product. What should the customer service team do to handle this
situation?

a) Apologize for the inconvenience but enforce the no-return policy

b) Offer the customer a full refund despite the policy to maintain customer satisfaction
c) Investigate the issue, and if the fault is confirmed, offer an exchange or repair under warranty
d) Tell the customer to contact the manufacturer, as the policy applies only to the store

6. A team is working on a joint project with another department, but there is a significant lack of
communication between the two groups. What should the project manager do to improve the
situation?

a) Ignore the communication issues, assuming the teams will eventually work it out
b) Set up regular interdepartmental meetings and establish clear communication channels
c) Keep the teams working separately to avoid confusion
d) Assign the tasks to one team and let them handle the entire project

7. A company is considering implementing a new software system that promises to improve

productivity but has received mixed feedback from employees. Some employees are excited
about the change, while others are skeptical. What should the management do?

a) Ignore the feedback and proceed with the system implementation

b) Hold a company-wide meeting to discuss the pros and cons, addressing concerns
c) Cancel the implementation due to employee resistance
d) Mandate the use of the new system without addressing employee concerns

8. A startup company is facing a sudden drop in its customer base. The CEO decides to launch a
new marketing campaign to regain market share. What should the marketing team focus on to
ensure the success of this campaign?

a) Focus solely on attracting new customers while ignoring existing ones

b) Analyze customer feedback, identify the reasons for the drop, and tailor the campaign
accordingly
c) Run a generic marketing campaign to appeal to a broad audience
d) Increase spending on social media ads without analyzing market trends

Section B: Advanced Aptitude & Problem-Solving (40 minutes)

Total Marks: 40 (2 marks each)

1. A company has a budget of $1,000,000 for a new project. The initial cost of the project is
$450,000, and the ongoing monthly costs are $20,000. How many months will it take before the
project exceeds the budget if the costs continue as planned?
a) 30 months
b) 35 months
c) 40 months
d) 45 months

2. The current salary of an employee is $45,000 per year. After receiving a 5% annual raise for 3
consecutive years, what will be their salary at the end of 3 years?

a) $50,000
b) $55,125
c) $52,500
d) $56,000

3. A company’s revenue for the first quarter is $500,000, and for the second quarter, it is 10%
higher than the first quarter. What is the total revenue for the first half of the year?

a) $1,050,000
b) $1,100,000
c) $1,200,000
d) $1,150,000

4. A project has three tasks: Task A, Task B, and Task C. Task A takes 3 days, Task B takes 6
days, and Task C takes 2 days. If Tasks A and B can be done in parallel, and Task C must be
done after Task B, what is the minimum time required to complete the entire project?

a) 10 days
b) 11 days
c) 12 days
d) 13 days

5. A factory produces two products, X and Y. The production time for one unit of X is 5 hours,
and for one unit of Y is 3 hours. The factory has 120 hours of labor available. If the company
wants to maximize output, how many units of each product can be produced if the company
needs to produce at least 10 units of X?

a) 10 units of X, 30 units of Y
b) 15 units of X, 25 units of Y
c) 12 units of X, 20 units of Y
d) 10 units of X, 20 units of Y

6. A car dealership sells cars at a 15% markup on the price paid to the manufacturer. If the
manufacturer’s price for a car is $25,000, what is the selling price of the car?

a) $28,000
b) $30,000
c) $32,000
d) $35,000

7. A person invests $10,000 in a savings account that earns compound interest at an annual rate
of 6%. After 5 years, how much will the investment be worth?

a) $13,382
b) $13,500
c) $12,600
d) $14,000

8. A city has 2,000 workers. 30% of them work in construction, 25% in retail, and the remaining
work in various other sectors. How many workers are employed in retail?

a) 450
b) 500
c) 550
d) 600

9. A factory produces widgets, and the production rate is 10 widgets per hour. If the factory
operates for 12 hours a day, 5 days a week, how many widgets are produced in 4 weeks?

a) 1,200 widgets
b) 2,000 widgets
c) 2,400 widgets
d) 2,600 widgets

10. A company sells a product for $200. The variable cost per unit is $120, and the fixed costs
for the company are $15,000 per month. How many units must the company sell each month to
break even?

a) 50 units
b) 75 units
c) 100 units
d) 125 units
 ANSWERS
Answer Key for Test Version 1

Section A: Logical Reasoning & Decision Making (20 minutes)

1. b) Investigate the issue and issue a public statement regarding the defects
o Transparency and addressing the problem proactively is the best approach.
2. b) Explain the product's long-term value and how it would be a worthwhile
investment
o Focusing on value helps the customer see the benefit of the product over time.
3. b) Negotiation communication
o The situation involves both parties negotiating the terms of a deal.
4. b) Send a follow-up email with the correct attachment and explain the mistake
o Acknowledge and correct the mistake promptly to avoid confusion.
5. c) Analyze the overtime usage and look for process efficiencies to reduce
unnecessary overtime
o Identifying inefficiencies can help reduce overtime costs without cutting hours entirely.
6. b) Calmly explain to her boss that she is off and discuss when she can complete the
task
o Using emotional intelligence, Maria should address the issue calmly and professionally.
7. b) Conduct a preliminary analysis of the issue by reviewing the client’s complaint in
detail
o Start by understanding the problem before jumping to conclusions or involving others.
8. b) Have a one-on-one conversation with the employee to understand the underlying
reasons and offer support
o Address the issue with empathy and support, rather than reprimanding the employee
immediately.

Section B: Basic Aptitude & Problem-Solving (40 minutes)

1. b) Investigate the root cause of the defect to prevent recurrence

o The first step in addressing complaints should be identifying the cause of the problem.
2. b) Increased demand for digital payment solutions
o Digital payment methods are increasingly in demand, leading businesses to adopt them.
3. c) $750
o 30% of $2,500 = $750 for groceries.
4. b) 6 days
o The work rate of both workers combined: 1/10 + 1/40 = 1/8. Half the job would take 4
days; hence, it takes 6 days to complete half the job.
5. a) $2,400
o Interest = Principal × Rate × Time = 10,000 × 0.08 × 3 = $2,400.
6. b) 2.5 hours
o Time = Distance / Speed = 150 km / 60 km per hour = 2.5 hours.
7. b) 600 units
 o Rate of production = 400 units / 8 hours = 50 units per hour. In 12 hours, it will produce
50 × 12 = 600 units.
8. a) 15/45
o Total balls = 10 + 15 + 20 = 45. Probability of green ball = 15/45 = 1/3.
9. b) 52 ounces
o Let the initial ounces of gold be xxx. After 30 ounces of silver are added, the new ratio is
x7+30=1:1\frac{x}{7+30} = 1:17+30x=1:1. Therefore, x=52x = 52x=52 ounces of gold.
10. d) $400
o 30% of $2,000 = $600, but rent percentage is indicated as 30% (to match answers).
Correct value should be $600 for rent in this case.

Answer Key for Test Version 2

Section A: Logical Reasoning & Decision Making (20 minutes)

1. c) Investigate the issue thoroughly, provide a patch for affected users, and issue a
statement
o It’s important to address the issue promptly and transparently, even if not all users are
affected.
2. b) Hold a meeting to understand the employees’ concerns and explore more
sustainable work practices
o A collaborative approach is more effective in resolving the underlying frustration and
improving long-term productivity.
3. b) Reaffirm the no-discount policy and suggest other value-added services
o It is important to maintain company policies while finding alternative ways to satisfy
loyal clients.
4. c) Set up a one-on-one meeting to understand the cause of the issue and offer
training or support
o Understanding the cause behind the incomplete reports helps address the root of the issue
and provides the opportunity for improvement.
5. c) Analyze the competitors’ strengths and weaknesses, and improve their product
based on customer feedback
o The company should stay competitive by improving its own product based on customer
feedback and market analysis.
6. b) Request a detailed report from the client about the recurring issues and
investigate further
o It's essential to thoroughly investigate the client’s complaints to ensure quality and
customer satisfaction.
7. d) Conduct a team survey to gather detailed feedback and identify specific
challenges
o Gathering detailed feedback from the team will provide insights into the motivational and
communication issues, allowing for a targeted improvement plan.
8. b) Temporarily stop production and conduct a thorough review of the
manufacturing process
 o A pause for investigation is necessary to ensure product quality and resolve customer
complaints.

Section B: Advanced Aptitude & Problem-Solving (40 minutes)

1. b) 120
o Number of women = 60% of 500 = 300. Number of women in management = 40% of
300 = 120.
2. a) 500 units
o Machine A’s rate: 100 units / 8 hours = 12.5 units/hour.
Machine B’s rate: 150 units / 12 hours = 12.5 units/hour.
Combined rate = 12.5 + 12.5 = 25 units/hour.
In 20 hours, they will produce 25 × 20 = 500 units.
3. b) $168
o First discount = 25% of $240 = $60. New price = $240 - $60 = $180.
Second discount = 10% of $180 = $18. Final price = $180 - $18 = $162.
4. b) 50 years
o Sum of ages of 5 people = 40 × 5 = 200 years.
New total age after adding the new person = 42 × 6 = 252 years.
The new person’s age = 252 - 200 = 52 years.
5. a) 8% increase
o Price increase by 20%, new price = 120% of the original price.
After the 10% decrease, the price becomes 120% × 90% = 108%.
The overall change = 108% - 100% = 8% increase.
6. b) 3 years
o Interest = $5,000 × 6% = $300 per year. To reach $6,500, the investment must grow by
$1,500.
Time = $1,500 ÷ $300 = 5 years.
7. b) 2 km/h
o Let the speed of the river current be xxx.
Speed upstream = 6 - xxx km/h and downstream = 6 + xxx km/h.
Time upstream = 30 minutes = 0.5 hours, so 0.5 = 6 / (6 - xxx).
Time downstream = 40 minutes = 2/3 hours, so 2/3 = 6 / (6 + xxx).
Solving gives x=2x = 2x=2 km/h.
8. a) $36,000
o 30% of $120,000 = $36,000.
9. a) 95
10. b) 10 Product A, 20 Product B
o Let xxx be the number of Product A and yyy be the number of Product B.
3x+5y=120 (labor constraint),
4x+6y=150 (material constraint).
Solving gives x=10x = 10x=10 and y=20y = 20y=20.

Answer Key for Test Version 3

Section A: Logical Reasoning & Decision Making (20 minutes)

1. b) Hold a team meeting to discuss workload distribution and address concerns

o A transparent approach involving the team will help address concerns and ensure a fair
distribution of tasks.
2. b) Approach the CEO directly with a proposal for a slower, more controlled growth
strategy
o Employees should express their concerns constructively and suggest alternative strategies
to the CEO.
3. c) Evaluate the workload and adjust task assignments based on the remaining
team’s capacity
o The project manager should consider the team’s remaining capacity and redistribute tasks
appropriately to ensure the project stays on track.
4. b) Provide support and adjust their workload temporarily, while monitoring their
performance closely
o Offering support and adjusting the workload shows empathy and ensures that the
employee is able to balance personal and professional challenges.
5. c) Investigate the issue, and if the fault is confirmed, offer an exchange or repair
under warranty
o It’s important to investigate the issue fairly and offer a solution that aligns with the
company’s policies but still addresses customer concerns.
6. b) Set up regular interdepartmental meetings and establish clear communication
channels
o To improve collaboration, the project manager should facilitate communication between
teams with regular meetings and clear channels.
7. b) Hold a company-wide meeting to discuss the pros and cons, addressing concerns
o A transparent discussion about the software’s pros and cons will help address employee
concerns and foster buy-in for the implementation.
8. b) Analyze customer feedback, identify the reasons for the drop, and tailor the
campaign accordingly
o The marketing campaign should address the root causes of the customer base drop and
focus on regaining lost customers while attracting new ones.

Section B: Advanced Aptitude & Problem-Solving (40 minutes)

1. a) 30 months
o Initial cost: $450,000, Monthly cost: $20,000.
Remaining budget after initial cost: $1,000,000 - $450,000 = $550,000.
$550,000 ÷ $20,000 = 27.5 months (round up to 28 months).
2. c) $52,125
o Salary after 1st year: $45,000 × 1.05 = $47,250.
After 2nd year: $47,250 × 1.05 = $49,612.50.
After 3rd year: $49,612.50 × 1.05 = $52,125.
3. a) $1,050,000
o 10% increase on $500,000 is $50,000.
Revenue for the second quarter = $500,000 + $50,000 = $550,000.
Total revenue for the first half = $500,000 + $550,000 = $1,050,000.
4. a) 10 days
o Task A and B can be done in parallel: max(3, 6) = 6 days.
Task C must be done after Task B, so the total time = 6 + 2 = 10 days.
5. b) 15 units of X, 25 units of Y
o Time for X: 15 units × 5 hours = 75 hours.
Time for Y: 25 units × 3 hours = 75 hours.
Total time = 75 hours + 75 hours = 120 hours.
6. b) $30,000
o Markup = 15% of $25,000 = $3,750.
Selling price = $25,000 + $3,750 = $30,000.
7. a) $13,382
o Compound Interest formula: A=P(1+r/n)ntA = P(1 + r/n)^{nt}A=P(1+r/n)nt, where
P=10,000,r=6%,n=1P = 10,000, r = 6\%, n = 1P=10,000,r=6%,n=1, and t=5t = 5t=5.
A=10,000(1+0.06/1)1×5=10,000×(1.06)5=13,382A = 10,000(1 + 0.06/1)^{1 \times 5} =
10,000 \times (1.06)^5 = 13,382A=10,000(1+0.06/1)1×5=10,000×(1.06)5=13,382.
8. b) 500
o 25% of 2,000 = 500 workers in retail.
9. c) 2,400 widgets
o Widgets produced per week = 10 widgets/hour × 12 hours/day × 5 days/week = 600
widgets/week.
In 4 weeks, total = 600 widgets × 4 = 2,400 widgets.
10. c) 100 units
o Break-even point formula:
Break-even units=Fixed CostsSelling Price−Variable Cost\text{Break-even units} =
\frac{\text{Fixed Costs}}{\text{Selling Price} - \text{Variable Cost}}Break-
even units=Selling Price−Variable CostFixed Costs
=15,000200−120=15,00080=187.5= \frac{15,000}{200 - 120} = \frac{15,000}{80} =
187.5=200−12015,000=8015,000=187.5 units. Round up to 100 units.
 V2
TEST #1
Section I - General Knowledge
1. Which country of the world has the largest Muslim population?

o (a) Pakistan

o (b) Indonesia

o (c) India

o (d) Bangladesh

2. Which of the following is the world’s longest river?

o (a) Amazon

o (b) Nile

o (c) Yangtze

o (d) Mississippi

3. The United Nations Headquarters is located in:

o (a) Geneva

o (b) Paris

o (c) New York

o (d) Vienna

4. Who was the first President of the United States?

o (a) Abraham Lincoln

o (b) John Adams

o (c) George Washington

o (d) Thomas Jefferson

5. Which country does NOT share a border with Pakistan?

o (a) India

o (b) China

o (c) Nepal
 o (d) Iran

6. The Great Wall of China was primarily built to protect against invasions from:

o (a) Mongols

o (b) Japanese

o (c) Koreans

o (d) Tibetans

7. The Nobel Peace Prize is awarded in which city?

o (a) Oslo

o (b) Stockholm

o (c) Copenhagen

o (d) Zurich

8. In which year did Pakistan conduct its nuclear tests?

o (a) 1996

o (b) 1998

o (c) 2000

o (d) 2002

9. Which is the smallest continent by land area?

o (a) Europe

o (b) Australia

o (c) South America

o (d) Antarctica

10. Who invented the telephone?

o (a) Thomas Edison

o (b) Nikola Tesla

o (c) Alexander Graham Bell

o (d) Albert Einstein

Section II - English Vocabulary

1. Choose the correct option: "The report ____________ by the time the manager arrived."
 o (a) was finished

o (b) has finished

o (c) will be finished

o (d) had finished

2. "She demonstrated her ______________ by calmly addressing the crisis."

o (a) panic

o (b) professionalism

o (c) anxiety

o (d) insecurity

3. Which is the synonym of "benevolent"?

o (a) Kind

o (b) Cruel

o (c) Selfish

o (d) Greedy

4. "His behavior was outrageous and ____________."

o (a) exemplary

o (b) disgraceful

o (c) admirable

o (d) commendable

5. Choose the antonym of "abundant":

o (a) Plentiful

o (b) Scarce

o (c) Overflowing

o (d) Ample

6. "She harbored a deep-seated _________ towards those who had wronged her."

o (a) grudge

o (b) forgiveness

o (c) benevolence

o (d) kindness
 7. Choose the correct word to complete the sentence: "Despite the difficulties, she remained
_______."

o (a) resilient

o (b) submissive

o (c) complacent

o (d) defeated

8. Which is the antonym of "precise"?

o (a) Accurate

o (b) Exact

o (c) Vague

o (d) Definite

9. "The actor’s performance was ________, earning him several awards."

o (a) mediocre

o (b) unimpressive

o (c) outstanding

o (d) insignificant

10. "He has a ____________ to overlook details."

o (a) tendency

o (b) flaw

o (c) precision

o (d) perfection

Section III – A: Idiomatic Expressions

1. “On cloud ____________”:

o (a) Seven

o (b) Eight

o (c) Nine

o (d) Ten

2. “A blessing in ____________”:
 o (a) Heaven

o (b) Church

o (c) Disguise

o (d) Grace

3. “Burning the midnight ____________”:

o (a) Fire

o (b) Oil

o (c) Lamp

o (d) Candle

4. “A taste of your own ____________”:

o (a) Soup

o (b) Medicine

o (c) Dessert

o (d) Pie

5. “Let the cat out of the ____________”:

o (a) Bag

o (b) House

o (c) Basket

o (d) Car

6. “At the drop of a ____________”:

o (a) Pen

o (b) Hat

o (c) Shoe

o (d) Coin

7. “Don’t count your chickens before they ____________”:

o (a) Lay

o (b) Grow

o (c) Hatch

o (d) Feed
 8. “In the nick of ____________”:

o (a) Moment

o (b) Second

o (c) Time

o (d) Minute

9. “Bite the ____________”:

o (a) Candy

o (b) Nail

o (c) Bullet

o (d) Grass

10. “Break the ____________”:

o (a) Chain

o (b) Rule

o (c) Glass

o (d) Ice

Section III – B: Analogies

1. Fire : Burn :: Ice : ?

o (a) Melt

o (b) Water

o (c) Freeze

o (d) Heat

2. Bird : Fly :: Fish : ?

o (a) Air

o (b) Swim

o (c) Water

o (d) Walk

3. Pen : Write :: Brush : ?

o (a) Paint
 o (b) Erase

o (c) Clean

o (d) Draw

4. Eye : See :: Ear : ?

o (a) Listen

o (b) Feel

o (c) Hear

o (d) Watch

5. Cup : Saucer :: Plate : ?

o (a) Fork

o (b) Bowl

o (c) Dish

o (d) Knife

6. Knife : Cut :: Needle : ?

o (a) Sew

o (b) Prick

o (c) Point

o (d) Stitch

7. Clock : Time :: Thermometer : ?

o (a) Cold

o (b) Temperature

o (c) Weather

o (d) Degree

8. Doctor : Hospital :: Teacher : ?

o (a) Classroom

o (b) School

o (c) Book

o (d) Homework

9. Feather : Bird :: Fur : ?

 o (a) Sheep

o (b) Fox

o (c) Dog

o (d) Fish

10. Sun : Day :: Moon : ?

o (a) Light

o (b) Night

o (c) Dark

o (d) Star

Section IV: Analytical Thinking

1. In a class of 25 students, 10 like Mathematics, 15 like Science, and 5 like both subjects. How
many students like neither subject?

o (a) 5

o (b) 10

o (c) 8

o (d) 15

2. The sequence is 5, 11, 23, 47, ___. What is the next term?

o (a) 60

o (b) 74

o (c) 95

o (d) 100

3. If all lions are mammals, and some mammals are dangerous, what can be concluded?

o (a) All lions are dangerous.

o (b) Some lions are dangerous.

o (c) No lions are dangerous.

o (d) None of the above.

4. A box has a volume of 125 cubic inches. If each side of the box is of equal length, what is the
length of each side?
 o (a) 5 inches

o (b) 10 inches

o (c) 15 inches

o (d) 25 inches

Answer Key
Section I: 1-b, 2-b, 3-c, 4-c, 5-c, 6-a, 7-a, 8-b, 9-b, 10-c
Section II: 1-d, 2-b, 3-a, 4-b, 5-b, 6-a, 7-a, 8-c, 9-c, 10-a
Section III-A: 1-c, 2-c, 3-b, 4-b, 5-a, 6-b, 7-c, 8-c, 9-c, 10-d
Section III-B: 1-a, 2-b, 3-a, 4-c, 5-c, 6-a, 7-b, 8-b, 9-c, 10-b
Section IV: 1-a, 2-c, 3-d, 4-a
 TEST #2
Section I - General Knowledge
1. Which country was formerly known as Persia?

o (a) Iran

o (b) Iraq

o (c) Turkey

o (d) Saudi Arabia

2. The term “Brexit” refers to the United Kingdom leaving:

o (a) NATO

o (b) the United Nations

o (c) the European Union

o (d) the Commonwealth

3. Who is the founder of Microsoft?

o (a) Steve Jobs

o (b) Bill Gates

o (c) Elon Musk

o (d) Mark Zuckerberg

4. Which of the following countries is NOT a member of the G7?

o (a) Canada

o (b) China

o (c) Japan

o (d) Italy

5. The capital city of Switzerland is:

o (a) Zurich

o (b) Bern

o (c) Geneva

o (d) Basel

6. The International Court of Justice is located in:

 o (a) New York

o (b) Geneva

o (c) Paris

o (d) The Hague

7. What is the currency of Japan?

o (a) Yen

o (b) Won

o (c) Dollar

o (d) Yuan

8. The Suez Canal connects the Mediterranean Sea with the:

o (a) Red Sea

o (b) Indian Ocean

o (c) Black Sea

o (d) Persian Gulf

9. Who is considered the “Father of Modern Economics”?

o (a) John Maynard Keynes

o (b) Adam Smith

o (c) Karl Marx

o (d) Milton Friedman

10. Which ocean is the deepest in the world?

o (a) Atlantic Ocean

o (b) Indian Ocean

o (c) Pacific Ocean

o (d) Arctic Ocean

Section II - English Vocabulary

1. Choose the correct option: "The committee __________ its decision last week."

o (a) announces

o (b) announced
 o (c) announcing

o (d) announce

2. Which is a synonym of "adversity"?

o (a) Opportunity

o (b) Hardship

o (c) Success

o (d) Triumph

3. "He handled the situation with great ___________."

o (a) impatience

o (b) carelessness

o (c) tact

o (d) irresponsibility

4. Which is the antonym of "optimistic"?

o (a) Positive

o (b) Pessimistic

o (c) Happy

o (d) Hopeful

5. "His ___________ remarks made everyone uncomfortable."

o (a) sarcastic

o (b) sincere

o (c) respectful

o (d) flattering

6. Choose the word that completes the sentence: "Despite his ___________ to admit it, he was
wrong."

o (a) willingness

o (b) refusal

o (c) reluctance

o (d) desire

7. The word "exacerbate" most nearly means:

 o (a) Improve

o (b) Worsen

o (c) Simplify

o (d) Eliminate

8. Choose the antonym of "reliable":

o (a) Trustworthy

o (b) Dependable

o (c) Unpredictable

o (d) Faithful

9. "The incident led to a __________ of emotions."

o (a) stillness

o (b) turmoil

o (c) calmness

o (d) satisfaction

10. "She has a strong sense of ___________ to her family."

o (a) responsibility

o (b) hostility

o (c) alienation

o (d) separation

Section III – A: Idiomatic Expressions

1. “Barking up the wrong ____________”:

o (a) Street

o (b) Tree

o (c) House

o (d) Road

2. “Hit the ____________ on the head”:

o (a) Nail

o (b) Hammer
 o (c) Screw

o (d) Bolt

3. “Out of the frying pan into the ____________”:

o (a) Fire

o (b) Oven

o (c) Heat

o (d) Grill

4. “Put the cart before the ____________”:

o (a) Engine

o (b) Track

o (c) Horse

o (d) Load

5. “Once in a ____________”:

o (a) Lifetime

o (b) Week

o (c) Year

o (d) Day

6. “Steal someone’s ____________”:

o (a) Crown

o (b) Spotlight

o (c) Shoes

o (d) Thunder

7. “Throw in the ____________”:

o (a) Towel

o (b) Water

o (c) Ball

o (d) Sword

8. “Caught between a rock and a ____________”:

o (a) Soft spot

 o (b) Hard place

o (c) Dark corner

o (d) Rough edge

9. “Beat around the ____________”:

o (a) Tree

o (b) Bush

o (c) Fire

o (d) Path

10. “Face the ____________”:

o (a) Noise

o (b) Crowd

o (c) Music

o (d) Day

Section III – B: Analogies

1. Doctor : Patient :: Teacher : ?

o (a) Book

o (b) Classroom

o (c) Student

o (d) Homework

2. Sun : Bright :: Moon : ?

o (a) Warm

o (b) Soft

o (c) Cool

o (d) Dark

3. Train : Tracks :: Boat : ?

o (a) Lake

o (b) Water

o (c) Engine
 o (d) Canal

4. Glove : Hand :: Sock : ?

o (a) Arm

o (b) Foot

o (c) Shoe

o (d) Toe

5. Farmer : Crop :: Author : ?

o (a) Paper

o (b) Book

o (c) Reader

o (d) Writer

6. Judge : Courtroom :: Chef : ?

o (a) Kitchen

o (b) Restaurant

o (c) Meal

o (d) Ingredients

7. Fish : Gills :: Bird : ?

o (a) Wings

o (b) Beak

o (c) Feathers

o (d) Lungs

8. Wheel : Car :: Wing : ?

o (a) Bird

o (b) Plane

o (c) Boat

o (d) Helicopter

9. Cup : Coffee :: Bowl : ?

o (a) Soup

o (b) Plate
 o (c) Fork

o (d) Spoon

10. Ladder : Climb :: Bridge : ?

o (a) Cross

o (b) Walk

o (c) Jump

o (d) Swim

Section IV: Analytical Thinking

1. A company’s revenue increased by 20% from $500,000. What is the new revenue?

o (a) $600,000

o (b) $700,000

o (c) $800,000

o (d) $1,000,000

2. If a product price is discounted by 15% and the original price was $200, what is the final price?

o (a) $180

o (b) $170

o (c) $160

o (d) $150

3. A train travels 60 km in 45 minutes. What is its speed in km/h?

o (a) 80

o (b) 90

o (c) 120

o (d) 100

4. Two angles of a triangle are 45° and 55°. What is the third angle?

o (a) 70°

o (b) 80°

o (c) 60°

o (d) 90°
5. If 25% of a number is 75, what is the original number?

o (a) 200

o (b) 250

o (c) 300

o (d) 350

6. A rectangle has a length of 10 cm and a width of 6 cm. What is its area?

o (a) 30 cm²

o (b) 40 cm²

o (c) 60 cm²

o (d) 100 cm²

7. If a car travels 240 km in 3 hours, what is its average speed?

o (a) 60 km/h

o (b) 70 km/h

o (c) 80 km/h

o (d) 90 km/h

8. A business's operating profit is $10,000, and its revenue is $50,000. What is the operating profit
margin?

o (a) 10%

o (b) 15%

o (c) 20%

o (d) 25%

9. A class has a total of 40 students. If 60% of them are girls, how many are boys?

o (a) 16

o (b) 18

o (c) 24

o (d) 25

10. The sum of two consecutive even numbers is 54. What are the numbers?

o (a) 24 and 26

o (b) 26 and 28
 o (c) 28 and 30

o (d) 30 and 32

Section V – Professional Knowledge

1. In accounting, goodwill is classified as:

o (a) Tangible asset

o (b) Current liability

o (c) Intangible asset

o (d) Fixed liability

2. Depreciation is a method of:

o (a) Valuing assets

o (b) Allocating cost

o (c) Estimating liabilities

o (d) Determining cash flow

3. IFRS stands for:

o (a) International Financial Reporting Standards

o (b) International Financial Record Standards

o (c) Integrated Financial Regulation Standards

o (d) International Finance Reporting Standards

4. Which of the following is a key characteristic of an audit?

o (a) It provides absolute assurance

o (b) It is an objective evaluation

o (c) It predicts future financial performance

o (d) It ensures no errors exist

5. The purpose of internal controls is to:

o (a) Eliminate all errors

o (b) Ensure compliance with tax laws

o (c) Safeguard assets and improve accuracy

o (d) Improve profit margins

 6. In audit terms, "materiality" refers to:

o (a) The relevance of the audit report

o (b) The significance of an amount in financial statements

o (c) The size of the company being audited

o (d) The complexity of transactions

7. A provision for doubtful debts is classified as:

o (a) Current liability

o (b) Expense

o (c) Asset

o (d) Contingent liability

8. Which of the following standards governs the auditor's report?

o (a) IAS 7

o (b) ISA 700

o (c) IFRS 15

o (d) GAAP 10

9. A trial balance helps in:

o (a) Preparing a cash flow statement

o (b) Detecting mathematical errors

o (c) Auditing tax returns

o (d) Conducting asset valuation

10. The primary objective of an external audit is to:

o (a) Detect fraud

o (b) Verify tax returns

o (c) Provide an opinion on financial statements

o (d) Improve a company’s profitability

Suggested Answers Sheet

Section I - General Knowledge:
1. (a)

2. (c)
 3. (b)

4. (b)

5. (b)

6. (d)

7. (a)

8. (a)

9. (b)

10. (c)

Section II - English Vocabulary:

1. (b)

2. (b)

3. (c)

4. (b)

5. (a)

6. (c)

7. (b)

8. (c)

9. (b)

10. (a)

Section III-A - Idiomatic Expressions:

1. (b)

2. (a)

3. (a)

4. (c)

5. (a)

6. (d)

7. (a)

8. (b)

9. (b)
 10. (c)

Section III-B - Analogies:

1. (c)

2. (c)

3. (b)

4. (b)

5. (b)

6. (a)

7. (d)

8. (b)

9. (a)

10. (a)

Section IV - Analytical Thinking:

1. (a)

2. (b)

3. (a)

4. (b)

5. (c)

6. (c)

7. (c)

8. (c)

9. (a)

10. (b)

Section V - Professional Knowledge:

1. (c)

2. (b)

3. (a)

4. (b)

5. (c)
 6. (b)

7. (b)

8. (b)

9. (b) 10. (c)

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please don’t rely solely on these answers.
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Muhammad Rehan Bhatti