In a village far far away, by name Foolistan, there are four kinds of people: Dumbos,
Idiots, Fools and Morons. The village has each of these people in equal numbers; people
in the village belong to exactly one of the four kinds. Every day, people in this village
have the habit of making assess of themselves. However, some rules are followed. A
person may not make an ass of himself (or herself) at all. Idiots commit twice the
number of blunders as do Dumbos, Fools thrice as many as Idiots and Morons four times
as many as Fools. However, by a strange fact of the tribe, if even one person of a kind
commits zero blunders, no one in the group commits a blunder. Every Dumbo commits
the same number of blunders as every other Dumbo. Use these facts to answer the next
1. On a particular day, 66,000 blunders were committed. Which of the following is not
possible? (Assume the total population is 400)
a. A Fool did not commit any blunder
b. An Idiot did not commit any blunder
c. A Moron did not commit any blunder
d. None of these
2. The population of the village is 400. On a given day every group committed
blunders, and Fools as a group commit 1200 blunders. The total number of
blunders committed on that day is:
3. On a particular day, the Morons don’t commit any blunders, and the other groups
may or may not have committed blunders. Which of the following is the least
number of blunders, which certainly satisfy the above the criteria? (Assume total
population = 400)
4. On a day, all four groups commit blunders and a Dumbo commits 3 blunders. If the
population is 400, the total number of blunders on the day is:
5. If sum of two numbers is 22 and the sum of their squares is 404, then the product of
the numbers is
6. Four friends take an IQ test. Their scores are 96, 100, 106, 114. Which of the
following statements is true?
a. The mean is 103
b. The mean is 104
c. The mean is 100
d. The mean is 106
7. 800 chocolates were distributed among the students of a class. Each student got
twice as many choclates as the number of students in the class. The number of
students in the class was :
8. P is elder to Q while R and S are elder to T who lies between P and R. If R be elder to
Q, which one of the following statements is necessarily true?
a. P is elder to R
b. R is elder to S
c. T is elder to Q
d. S is elder to R
9. If Delhi is coded as CCIDD, how would you encode Bombay?
10. A cube is coloured red on all faces. It is cut into 64 smaller cubes of equal size. How
many cubes have two red opposite faces?
Q. 11- Q. 113
A, B, C, D and E are five metallic weights.
A weighs twice as much as B
B weighs four and a half times as much as C
C weighs half as much as D
D weighs half as much as E
E weighs less than A but more than C.
11. E is lighter in weight than which of the other two articles?
12. E is heavier than which of the following articles?
13. Which of the following article is the heaviest in weight?
14. Find the least number which is a perfect square and is also divisible by 10, 12, 15
15. For boys, the average number of absences in the first grade is 15 with a standard
deviation of 7; for girls, the average number of absences is 10 with a standard
deviation of 6.In a nationwide survey, suppose 100 boys and 50 girls are sampled.
What is the probability that the male sample will have at most three more days of
absences than the female sample?
16. A card is drawn randomly from a deck of ordinary playing cards. You win $10 if the
card is a spade or an ace. What is the probability that you will win the game?
17. A student goes to the library. The probability that she checks out (a) a work of fiction
is 0.40, (b) a work of non-fiction is 0.30, and (c) both fiction and non-fiction is 0.20.
What is the probability that the student checks out a work of fiction, non-fiction, or
18. A researcher uses a regression equation to predict home heating bills (dollar cost),
based on home size (square feet). The correlation between predicted bills and home
size is 0.70. What is the correct interpretation of this finding?
a. 70% of the variability in home heating bills can be explained by home size.
b. 49% of the variability in home heating bills can be explained by home size.
c. For each added square foot of home size, heating bills increased by 70 cents.
d. For each added square foot of home size, heating bills increased by 49 cents.
19. A weatherman records the high temperature in Norfolk, Va. for each of the first 7
days of the year. The temperatures (in degrees Fahrenheit) are 51, 49, 41, 53, 54, 68,
48. Over that time period, which of the following statements is true?
a. The mean is 51.
b. The mean is 52.
c. The median is 53.
d. The median is 5
20. If river is sky, sky is road, road is bottle and bottle is blackboard, then milk can be
21. He is the pioneer in mutual fund industry and often referred as the Father of Index
Fund investing. He created the first S&P 500 Index fund. Identify this famous
22. The return objective of an investor who is relatively risk averse yet has a long time
horizon and little need for liquidity would be most likely described as:
a. Total return
b. Capital appreciation
c. Capital preservation
23. Which of the following is least likely an example of portfolio constraint?
a. Tax concerns
b. Liquidity needs
c. Total return requirement of 15%
24. This term is derived from the Greek word 'Oikanomia' which means "House
Management". What is it?
25. Name the term used for depreciating a company's intangible assets?
26. Who founded the famous Wall Street Journal?
27. What was/is an unusual service offered by Bank of Baroda at Tirupati?
28. Name the person who introduced the 'Double Entry' book keeping concept?
29. What do you call when a firm's actual bank balance is greater than the balance
shown in the firm's book?
a. Free Float
c. Payment Float
d. Cash Float
30. “Net Safe Credit card” is introduced by which bank ?
c. Standard Chartered
31. What does ‘buying a company to sell its assets’ mean?
a. Asset Trippling
b. Strategic Buyout
d. Bridge Financing
32. In which of the following can stocks trade at any time the market is open?
a. Internally efficient markets
b. Call markets
c. Continuous markets
33. What is the tendency of the personnel to experience and express their negative
emotional attitude and generally perceive themselves and others surrounding them
34. In the united states who sets the initial margin requirement?
a. Federal reserve board
35. Name the creativity-simulation technique which tries to make the strange familiar
and the familiar strange?
36. Which is a least likely condition necessary for revenue recognition?
a. Cash has been collected
b. Goods have been delivered
c. Price has been determined
37. In an organisation if your feedback is like PIGS, what does it denotify?
38. Which of the following affect owner’s equity but does not affect net income?
a. Foreign currency translation gain
b. Repaying the face amount on a bond issue at par
c. Dividends received from available-for-sale securities
39. In the Deming Quality cycle, what does PDCA mean?
40. A quality philosophy was born in Motorola and later GE expanded the scope of this
concept. The abstract of concept is reduced costs, increased efficiency and quality
and increased profit. Name the concept?
a. Six sigma
b. Just in time
c. MBA by walking around
41. Lawrence Miles conducted traditional cost reduction exercises on a number of
companies' products. These led him to coin the term while he was working at
General Electric Co. USA in 1947. What was the term?
a. Value Analysis
b. Value for Money
c. Cost Accounting
d. Inventory management
42. In 1950's Genichi Taguchi developed numerical methods to approach quality
related problems. Which famous corporation Taguchi belonged and developed all
these quantitative methods?
43. Name the Israeli physicist who developed Optimised Production Technology (OPT)
in the mid 1980s? He is also known for his famous book "The Goal".
44. What is known as a "transition from one scene to another” in television
45. Name the famous Indian advertising agency created by Goutam Rakshit and Ashok
46. Alisha Chinai made her debut as a singer for an advertisement jingle. Name the
brand for which she first lent her voice?
47. What is the term used to describe the day which is divided into several time periods
in Broadcast Media?
48. Which of the following is most likely included in a firms ending inventory?
a. Storage cost of finished goods
b. Fixed production overhead
c. Selling and admin costs
49. The former chairman of Proctor & Gamble, Edwin L.Artzt got a nickname for his
demanding and harsh treatment of his subordinates. How he nick-named?
50. Who endorsed the shaving product 'Erasmic', a brand owned by Hindustan Unilever
Limited, in 1970s?
51. Name the company founded by Acharya P.C. Ray and Rajshekar basu in the early
52. From the following lines identify the Corporate. "Since 1935,we have given millions
of apples to countless daily visitors to the agency worldwide".
53. Initially it was started as 'Brahmanara Coffee Club' in 1924 and changed the name
later. In 1976, during emergency, it started instant foods business due to the price
controls imposed by the Indira Gandhi Government. Identify this successful desi
54. What was invented by Dr. Willis Haviland Carrier, an American engineer, in 1902?
55. A LIFO liquidation will most likely result in an increase in :
a. Gross profit margin
c. Accounts payable
56. The two pioneers in their field were working within 50 kms and both produced a
motorized vehicle in 1850's. They never met each other but their companies merged
after their death. Identify the duo?
57. With which famous brand would you associate The Spirit of Ecstasy?
58. If you received an in-house journal named 'Docutalk', then for which company are
59. This advertisement was featured only once during Super Bowl XVIII and it ended
with a statement – “And you'll see why 1984 won't be like 1984." Identify the
product in this ad.
b. IBM System 30 Computer
d. Intel Pentium processor
60. This standard 11 girl’s channel on youtube is the most subscribed to channel across
India. Name the girl. (You most probably would have heard her on facebook)
61. Sale of a product in one country market generates a demand in other country. What
is this called?
a. Market Extra Demand
b. Product Hype
c. Unmet Demand
d. Demand Spillover
62. When one uses new and old brand names and logos together, what is it called?
a. Convoluted branding
b. Cyclic branding
c. Repeat Branding
d. Double Branding
63. In print media, if a particular edition is available earlier than other editions of the
same publication, then the edition is called?
a. Super Edition
b. First Edition
c. Bulldog edition
d. Master Edition
64. This newspaper was earlier known as 'The Bombay Times and Journal of Commerce'.
What is it called now?
65. Which Auto company launched an innovative facebook campaign for unveiling its
new product recently?
a. Tata Motors
66. “Do diye jyada jalao” is the line used in which brand’s new ad?
67. The AIDA model is co-ordinated by which element of the marketing mix?
68. Direct Distribution is:
a. Distributing directly to wholesaler
b. Distributing through a market stall
c. Distributing directly to retailer
d. Distributing directly from manufacturer to consumer
69. In America every major company, whether they sell cars, blenders or yogurt, has a
"pink marketing campaign" which says shop for the cure of which disease
a. Heart failures
b. Brain Haemorrhage
d. Breast cancer
70. For which company has Tiger Woods signed his 1st major endorsement deal after
being dropped by Accenture, Gatorade, AT&T from endorsing their products
71. This campaign features a sea captain who tells the audience that he doesn't really
battle sea monsters, have strong abs, or have gold bullion spilling from his pants, but
he smells like he does. Which brand am I talking about?
a. Canned Tuna fish
c. Old Spice
72. Which car company launched an interactive YouTube driving experience campaign
73. Which company had launched a blind tasting campaign to have a direct attack on
c. Tuborg Beer
74. With the festive season round the corner, which company entered a mega tie-up
with one of the most expensive & most publicized movie of the year- ‘RA.ONE’ in
order to announce its once in a lifetime offer ‘G.ONE MEIN EK BAR OFFER.’?
75. This theory has three major components: a set of fundamental assumptions, a five-
step focusing process, and a set of logic tools to enable the focusing process. Which
theory is this?
a. Theory of problems
b. Theory of solutions
c. Theory of Constraints
d. None of the above
76. Which hair care brand is this ad referring to?
77. Identify the product being referred to?
a. KFC chicken burger
c. McD roasted chicken burger
78. Identify the company these arrows signify?
c. Reckitt Benckiser
79. Identify the product?
a. Diet Pepsi
b. Diet Coke
c. Coke Lite
d. Pepsi Lite
80. Identify the product linked to this picture
c. Nintendo wii
d. Nintendo DS
81. Link the company (logo given below) to an Indian company
a. Tata Motors
82. The following print ad is for which company?
83. With the Karvachauth tradition catching up with the e-generation, a famous brand
has aptly created a mobile application for Karvachauth which turns the screen of
your phone into a ‘sieve’/‘chalni’, through which one can see the moon. Name the
84. Identify the link between the following brands:- Shuddhi, parineeta, maya, kashvi
a. All are saree brands of different companies
b. All are jewellery brands of same company
c. All are saree brands of the same company
d. All are jewellery brands of different companies
85. Identify the link – Shabbir Ali, Sushil Kohli, Rajkumar
a. Rajiv Gandhi Khel Ratna
d. Dhyan Chand
86. In the last decade, which one among the following sectors has attracted the highest
foreign direct investment inflows into India?
a. Chemicals other than fertilizers
b. Services sector
c. Food processing
87. Which of the following is not an undertaking under the administrative control of
Ministry of Railways?
a. Container Corporation of India Limited
b. Konkan Railway Corporation Limited
c. Indian Railways Construction Company Limited
d. Diesel Locomotive Works, Varanasi
88. The current price index (base 1960) is nearly 330. This means that
a. all items cost 3-3 times more than what they did in 1960
b. the prices of certain selected items have gone up to 3-3 times
c. weighted means of prices of certain item has increased 3-3 times
d. gold price has gone up 3-3 times
89. Since the inception of the co-operative movement, rural credits has been
d. All of the above
90. The co-operative credit societies have a following structure
a. 2 tier
b. 3 tier
c. 4 tier
d. 5 tier