DIRECTOR YASIR ALI

MBA (batch 04)

Test Series – 2
Time:- 2hr
Marks:-100
Select the option that has an error: 10) For the time being, we __ for the exam, but
1) Many a (a)/ pieces of furniture (b)/ was sold at this time tomorrow we __ the best movie of this
the shop (c)/ No error (d)98 year.
A) are studying / will be watching
2) The soldiers along with (a)/ the commander-in- B) were studying / will have watched
chiefs (b)/ were court-martialled (c)/ for defying C) have been studying / are watching
the orders (d) D) study / will watch

3) I ___ up hope yet. 11) Choose the correct order of the following
A) have not given B) do not given sentences:
C) did not give D) am not giving A) The city buzzed with excitement as the festival
approached.
4) Sara is ___ than beautiful. B) Local businesses decorated their storefronts
a) wiser b) wise with vibrant colors.
c) more wise d) more wiser C) Parades showcasing cultural diversity added to
the festive atmosphere.
5) The outdoor area is ____ with murals and D) Families gathered in the central square to enjoy
paintings on the facade. music and performances.
a) vibrancy b) vibrant E) Food stalls offered a variety of traditional and
c) vibrance d) vibration international cuisines.
a) A, B, C, D, E b) B, E, A, C, D
6) In the office, Pawan was _____ Jadhav. c) D, A, C, B, E d) C, B, A, E, D
a) senior to b) more superior
c) superior than d) more superior to 12) So dangerous did the weather conditions ___
that all mountain roads were closed.
7) I would have been successful, provided ___. a) becomes b) became
a) I get an opportunity c) become d) have become
b) I would have got an opportunity
c) I had got an opportunity 13) He seldom visits a movie hall, ___?
d) I should get an opportunity A) doesn’t he B) isn’t it
C) did he D) does he
8) If the temperature ___ warmer, the ice __.
a) gets, will melt 14) Choose the correct antonym for the word
b) get, would melt 'Malice'
c) will get, will melt a) Honour b) Ecstasy
d) had got, would melt c) Happiness d) Goodwill

9) This boy isn’t very popular at school. He’s got 15) Select the synonym of Egregious’
very __ friends. a) Common b) Social
a) a few b) a little c) Plain d) Atrocious
c) few d) little
16) Select the synonym of ‘Glutton’
a) Happiness b) Contentment
c) Satisfaction d) Greed

Head Office: Near Senco Jewellers, Abdullah College Road, Aligarh 1

Branch office: Opp Shah ji Dairy, Noor Manzil , Dodhpur , Aligarh
Contact No.: 9045417079, 9412617279
 DIRECTOR YASIR ALI
17) Choose the correct antonym of the word 26) Shakshi borrowed Rs 50000 from a rural bank.
'Kindle' The rate of interest for the first year is 5%, for
a) Extinguish b) Light second year is 7% and for third year is 8%. The
c) Stimulate d) Ignite amount paid by Shakshi in three years is
a) Rs 50850 b) Rs 66669
Select the meaning of the following idioms: c) Rs 60669 d) Rs 50384
18) A dime a dozen
A) something precious 27) Induj had invested some amount of money at
B) something valuable compound interest. He received Rs 2420 after 2
C) something common year and Rs 2662 after 3 yr. what is the rate of
D) something not available interest?
a) 15% b) 10% c) 18% d) 20%
19) A penny for your thoughts
A) Start something all over again 28) A sum of money becomes doubled in 3 yr at
B) Be glad to see someone leave compound interest annually. In how many years
C) Way of asking what someone is thinking will it become sixteen times of itself?
D) To make a bad situation worse a) 24 yr b) 16 yr c) 8 yr d) 12 yr

20) The study of Religions is called:_____? 29) The difference between the compound interest
A. Seismology B. Theology and simple interest on a certain sum for 2 years at
C. Gerontology D. Etymology 10% per annum is Rs 300 find the sum.
a) Rs 31000 b) Rs 31500
21) The science that deals with various aspects of c) Rs 30000 d) Rs 30500
ageing is called ___
A) Gerontology B) Paleontology 30) A loan of Rs 9930 is to be returned in three
C) Ecology D) Physiology equal instalments where the rate of interest is 10%
compounded annually. The value of each
Complete the following sentences: instalment is
22) Please complete the exercises ___. a) Rs 3993 b) Rs 3399
A) until you understood everything c) Rs 3939 d) Rs 3999
B) as you begin understanding everything.
C) once you have understood everything. 31) At what rate percent per annum will a sum of
D) unless you understand everything. Rs 1000 amount to 1102.50 in 2 years at
compound interest?
23) If you ___ hard, you would secure the first a) 5% b) 5.5% c) 6% d) 6.5%
division.
A) studied B) study 32) Find the compound interest on Rs 15625 for 1
C) had studied D) will study yr 6 months at 8% per annum, when compounded
half-yearly?
24) It came out many years later that __ pair had a) Rs 1952 b) Rs 1900
been happily married since ___ beginning of ____ c) Rs 1951 d) Rs 1950
century.
A) the, no article, no article 33) In what time Rs 3200 will give compound
B) no article, the, the interest of Rs 672 at 10% rate of interest
C) the, the, no article compounded annually?
D) the, the, the a) 3 yr b) 4 yr c) 1 yr d) 2 yr

25) Which of the following is the correct spelling? 34) If a sum becomes four times in 16 yr. how
A) Occurrence B) Occurrence many times will it become in 8 yr?
C) Ocurrence D) Occurrence a) 2 times b) 4 times
c) 3 times d) 3.5 times

Head Office: Near Senco Jewellers, Abdullah College Road, Aligarh 2

Branch office: Opp Shah ji Dairy, Noor Manzil , Dodhpur , Aligarh
Contact No.: 9045417079, 9412617279
 DIRECTOR YASIR ALI
35) The marked price of an article is 40% more 45. A sells 2 Tv sets for Rs 1000 each one at a loss
than its cost price. If 10% discount is given, then of 15% and another at a profit of 15%. Find the
what is the profit percentage? loss/gain percentage in the overall transaction.
a) 10 b) 20 c) 26 d) 32 a) 2.25% b) 3%
c) 4% d) No profit, no loss
36. The marked price of a piano was Rs 15000. At
the time of sale, there were successive discounts 46. A businessman sells a commodity at 10%
of 20%,10% and 10% given on it. The selling profit. If he had brought it at 10% less and sold it
price was for Rs 2 less, then he would gained 16 2/3%. The
a) Rs 9720 b) Rs 9750 cost price of the commodity is
c) Rs 9760 d) Rs 9780 a) Rs 32 b) Rs 36
c) Rs 40 d) Rs 48
37. The single discount equivalent to three
successive discounts of 10%, 20% and 50% is 47. The cost price of a calculator is Rs 495. If the
a) 50.3% b) 64% c) 40.32% d) 45% profit percentage is 40%, then what is the value
(in Rs) profit?
38. In a sale of 20% discount, an article costs Rs a) 226 b) 198 c) 186 d) 218
596. What was the original price of the article?
a) Rs 720 b) Rs 735 48. If cost price of 120 articles is equal to the
c) Rs 745 d) Rs 775 selling price of 80 articles, find the profit percent?
a) 33.33% b) 40% c) 50% d) 60%
39. Sakshi purchased a watch with a discount of
24% on its marked price. If she paid Rs 779 for 49. If Manoj purchases 324 toffees for Rs 486,
the watch, the marked price of the watch is then how many toffees should he sell for Rs 90 to
a) Rs 1000 b) Rs 950 earn 50% profit?
c) Rs 1040 d) None of these a) 40 b) 60 c) 55 d) 45

40. The marked price of a table is Rs 12000. If it 50. A man sold two articles for Rs 5000 each
was sold for Rs 10500 after allowing a certain neither losing nor gaining in the deal. If he sold
discount, then the rate of discount is one of them at a gain of 25%, then the other article
a) 10% b) 12.5% c) 15% d) 17.5% was sold at a loss of
a) 15 2/3% b) 16 2/3%
41. In order to get 4% profit, a shopkeeper sells an c) 17 1/3% d) 18 1/3%
article after allowing a discount of 20%. How
much more percent above the same article is 51. What day of the week was 1st January 2000?
marked than its cost price? a) Saturday b) Sunday
a) 30% b) 29% c) 15% d) 40% c) Friday d) Monday

42. The CP of 18 apples is same as the SP of 16 52. If today is Tuesday, what day of the week will
apples. Find the gain percent. it be 100 days from now?
a) 12.5% b) 11% c) 11.5% d) 12% a) Wednesday b) Thursday
c) Friday d) Saturday
43. An article is sold at a certain fixed price. By
selling it at 2/3 of that price, one bears a loss of 53. Which year will have the same calendar as
10%. The gain percent on selling it at the original 2020?
price is a) 2026 b) 2025
a) 20% b) 33 1/3% c) 35% d) 40% c) 2048 d) 2032

44. X sold two articles for Rs 4000 each with no 54. How many odd days are there in 600 years?
loss no gain in the transaction. If one was sold at a a) 1 b) 0 c) 3 d) 5
gain of 25 %, then the other was sold at a loss of
a) 25% b) 18 2/9% c) 16 2/3% d) 20%

Head Office: Near Senco Jewellers, Abdullah College Road, Aligarh 3

Branch office: Opp Shah ji Dairy, Noor Manzil , Dodhpur , Aligarh
Contact No.: 9045417079, 9412617279
 DIRECTOR YASIR ALI
55. If 15th August 2023 is a Tuesday, what day 66. What will be the day, 2 days after tomorrow if
will it be on 15th August 2024? a day before yesterday was Thursday?
a) Thursday b) Friday a) Saturday b) Sunday
c) Saturday d) Sunday c) Monday d) Tuesday

56. Which of the following years is a leap year? 67. If 2 days before yesterday was Wednesday,
a) 1900 b) 1800 c) 1700 d) 1600 then when will Sunday fall?
a) Today
57. If 1st March 2020 was a Sunday, what day of b) Yesterday
the week was 1st March 2019? c) Tomorrow
a) Friday b) Saturday d) Day after tomorrow
c) Sunday d) Monday
68. What is the mirror image of a clock at 9:30?
58. If 4th July 2021 is a Sunday, what day of the a) 3:30 b) 2:30 c) 3:00 d) None
week will 4th July 2022 be?
a) Sunday b) Monday 69. What is the water image of a clock at 22:40?
c) Tuesday d) Wednesday a) 11:10 b) 1:10 c) 10:50 d) None

59. If 1st January 2025 is a Wednesday, what day 70. What is the water image of a clock at 10:50?
of the week will 1st January 2030 be? a) 7:40 b) 8:40 c) 6:20 d) None
a) Thursday b) Friday
c) Saturday d) Sunday 71. On which dates of July 2012 did a Monday
fall?
60. What is the number of Sundays that can occur a) 1,8,15,22,29 b) 2,9,16,23,30
in a month? c) 3,10,17,24,31 d) None
a) 4
b) 5 72. How many times do the hands of a clock are in
c) 4 or 5 straight line?
d) Cannnot be Determined a) 11 b) 22 c) 23 d) 44

61. What is the angle between the hands of a clock 73. How many times do the hands of a clock are in
at 8:30? straight line?
a) 90° b) 75° c) 105° d) 120° a) 11 b) 22 c) 23\ d) 44

62. At what time between 4:00 and 5:00 will the 74. How many times do the hands of a clock are at
hands of the clock be at right angles? a right angle from 7 to 2’o clock?
a) 4:05 and 4:35 b) 4:06 and 4:36 a) 11 b) 12 c) 13 d) 14
c) 4:07 and 4:37 d) 4:05 and 4:38
75. How many times do the hands of a clock are
63. At what time between 2:00 and 3:00 will the together between 9 to 3’o clock?
hands of the clock be together? a) 5 b) 6 c) 7 d) None
a) 2:10 b) 2:11 c) 2:12 d) 2:13
76. What is a key characteristic of the barter
64. At what time between 10:00 and 11:00 will the system?
hands of the clock be opposite to each other? A) Money is used as a medium of exchange.
a) 10:20 b) 10:21 B) Goods and services are directly exchanged for
c) 10:22 d) 10:24 other goods and services.
C) Central banks regulate transactions.
65. What is the angle between the hands of a clock D) Transactions are conducted electronically.
at 8:15?
a) 120° b) 195° c) 202.5° d) None

Head Office: Near Senco Jewellers, Abdullah College Road, Aligarh 4

Branch office: Opp Shah ji Dairy, Noor Manzil , Dodhpur , Aligarh
Contact No.: 9045417079, 9412617279
 DIRECTOR YASIR ALI
77. Which of the following best describes B) Money issued by private banks.
fungibility? C) Money declared by the government to be legal
A) The ability to convert assets into cash quickly. tender.
B) The uniqueness and distinctiveness of each unit D) Money used in international trade.
of a commodity.
C) The interchangeability of units of a commodity 84. Which institution has the authority to issue
or asset. currency notes in India?
D) The process of trading goods on the stock A) Ministry of Finance
market. B) Reserve Bank of India (RBI)
C) Securities and Exchange Board of India (SEBI)
78. What does the acronym "NFT" stand for? D) Ministry of Commerce and Industry
A) Non-Fictional Token
B) Non-Finite Transaction 85. What is legal tender?
C) Non-Fungible Token A) Money that can only be used for certain
D) New Financial Technology transactions.
B) Money that must be accepted as payment for
79. Which of the following best describes a NFT? goods and services.
A) A digital currency used for everyday C) Money that is backed by gold or silver.
transactions. D) Money that is only valid in specific regions.
B) A unique digital asset that cannot be replicated
or exchanged on a one-to-one basis. 86. Which of the following is NOT legal tender in
C) A type of blockchain technology used for India?
securing financial transactions. A) Indian Rupees
D) A decentralized exchange platform for trading B) Foreign currency
cryptocurrencies. C) Credit cards
D) Coins issued by the Government of India
80. In a barter system, what do individuals directly
exchange for goods and services? 87. What does the term "fiat" refer to in fiat
A) Gold and silver money?
B) Promissory notes A) It refers to the authority of the government to
C) Other goods and services issue currency.
D) Stocks and shares B) It denotes that the currency has intrinsic value.
C) It indicates that the currency is backed by a
81. Which of the following best describes physical commodity.
commodity money? D) It signifies that the currency can be freely
A) Money backed by the government's promise to exchanged internationally.
pay the bearer a fixed amount of currency.
B) Money that is accepted as a medium of 88. What is the primary purpose of legal tender laws?
exchange due to government regulation. A) To ensure that all transactions are conducted in
C) Money that derives its value from a physical cash.
commodity, such as gold or silver. B) To regulate the value of the currency.
D) Money issued by a central bank as legal tender C) To establish a standard form of currency for
for all debts transactions.
D) To prohibit the use of alternative forms of
82. Which of the following is an example of payment.
commodity money?
A) Dollar bills B) Credit cards 89. Which of the following statements about fiat
C) Gold coins D) Bitcoin money is true?
A) It has intrinsic value based on the material it's
83. What is fiat money? made of.
A) Money backed by a physical commodity like B) Its value is determined by the demand for the
gold or silver. underlying commodity.

Head Office: Near Senco Jewellers, Abdullah College Road, Aligarh 5

Branch office: Opp Shah ji Dairy, Noor Manzil , Dodhpur , Aligarh
Contact No.: 9045417079, 9412617279
 DIRECTOR YASIR ALI
C) Its supply is regulated by market forces. 96. What is the primary function of the Reserve
D) Its supply is controlled by the government or Bank of India (RBI)?
central bank. A) Regulating stock markets
B) Issuing currency notes and coins
90. In India, who has the authority to demonetize C) Conducting monetary policy
currency notes? D) Supervising commercial banks
A) Prime Minister of India
B) President of India 97. Who appoints the Governor of the Reserve
C) Reserve Bank of India (RBI) Bank of India (RBI)?
D) Ministry of Finance A) The President of India
B) The Prime Minister of India
91. Which of the following is an example of fiat
C) The Finance Minister of India
money?
D) The Board of Directors of RBI
A) Gold coins B) Silver bars
C) Indian Rupees D) Bitcoin
98. When was the Reserve Bank of India (RBI)
established?
92. What happens if a person refuses to accept
A) 1935 B) 1947 C) 1950 D) 1969
legal tender as payment in India?
A) They can be fined by the Reserve Bank of India.
99. Where is the headquarters of the Reserve Bank
B) They are legally obligated to accept the payment.
of India (RBI) located?
C) They can choose to accept an alternative form
A) Mumbai B) New Delhi
of payment.
C) Kolkata D) Chennai
D) They can negotiate with the payer for an
alternative payment method.
100. What is the highest decision-making body of
93. What is limited legal tender in India? the Reserve Bank of India (RBI)?
A) Currency notes and coins issued by the A) Central Board of Directors
Reserve Bank of India. B) Monetary Policy Committee (MPC)
B) Foreign currency accepted only in designated areas. C) Executive Committee
C) Certain denominations of currency that are not D) Governor's Council
accepted universally.
D) Digital payment methods like credit cards and
mobile wallets.

94. Which of the following best describes

unlimited legal tender in India?
A) Currency notes and coins issued by the
Reserve Bank of India.
B) Foreign currency accepted for all transactions
within the country.
C) Digital payment methods exclusively used for
online transactions.
D) Precious metals such as gold and silver
accepted for large transactions.

95. What is cryptocurrency?

A) Physical coins made of precious metals.
B) Digital or virtual currency secured by
cryptography.
C) Government-issued paper money.
D) A type of commodity traded on the stock
market.

Head Office: Near Senco Jewellers, Abdullah College Road, Aligarh 6

Branch office: Opp Shah ji Dairy, Noor Manzil , Dodhpur , Aligarh
Contact No.: 9045417079, 9412617279