CAM- 15th December
A to D
A. Para -Based
Pick the Odd Sentence
Directions: For each of the given questions all the sentences except one, form a contextually complete
paragraph. Choose the sentence that is out of context as your answer.
Q1)
(1) Education is seen as a means to liberty in later life: but what, for instance, should we say or do
when imposing education conflicts with someone's present liberties?
(2) The great liberal philosopher John Stuart Mill (1806-1873) declared it ” almost a self-evident axiom”
that all children must be educated.
(3) However, here the argument stops and some seemingly intractable problems arise.
(4) A number of parents belonging to the Amish community of North America, objected to the
Wisconsin State law that requires school attendance until age sixteen.
(5) Modern liberals tend to agree that education should be compulsory for minors in some form.
Q2)
(1) Reverie can be a reprieve from reality and a font of inspiration.
(2) Many of us are familiar with mind wandering in a number of guises: procrastination, reflection,
meditation, self-flagellation, daydreaming.
(3) But equally familiar is the mind's tendency to devolve into sour and fruitless rumination when left to its
own devices, especially when we are in the grip of depression , anxiety or obsession.
(4) But while some mental meandering seems fruitful, on other occasions it has the unmistakable bite of a
bad habit, something that holds us back from reaching our full potential.
(5) Whether in the form of literature, rap or abstract oil painting, many of us know we can improve the
tenor of our thoughts by contemplating art.
Q3)
(1) From the early days of printing in the 16th century up until the 20th century, news events were
regularly put into verse, printed on cheap broadsides and pamphlets, and sung to a familiar tune.
(2) Long before( and indeed long after) newspapers became a widespread phenomenon in the 17th
century, news was just as likely to be performed as read.
(3) Songs were often full of vitriol, and politics was always the most controversial topic for news
ballads.
(4) Given the low rates of literacy, song was a particularly effective medium of information transmission
since rhyme and rhythm allowed listeners to remember the lyrics more easily.
(5) These news ballads would be sold in busy streets, fairs and marketplaces by hawkers who would
sing the contents to attract a crowd of buyer
Q4)
(1) The idea that plants can behave intelligently, let alone learn or form memories, was a fringe notion
until quite recently.
(2) Hours before the dawn, it springs into action, turning its leaves to face the anticipated direction of
the sunrise.
(3) However, it's what the mallow does at night that has propelled this humble plant into the scientific
spotlight.
(4) At first glance, the Cornish mallow(Lavatera cretica) is little more than an unprepossessing weed.
(5) It has pinkish flowers and broad, flat leaves that track sunlight throughout the day
B. Reading Comprehension
Predatory pricing is one of the oldest big business conspiracy theories popularized in the late 19th
century by journalists such as Ida Tarbell . The predatory pricing argument is very simple . The
predatory firm first lowers its price until it is below the average cost of its competitors. The competitors
must then lower their prices below average cost, thereby losing money on each unit sold. If they fail to
cut their prices, they will lose virtually all of their market share ; if they do cut their prices, they will
eventually go bankrupt. After the competition has been forced out of the market, the predatory firm
raises its price, compensating itself for the money it lost while it was engaged in predatory pricing, and
earns monopoly profits forever after.
The theory of predatory pricing has always seemed to have a grain of truth to it - at least to
non-economists -.but research over the past 35 years has shown that predatory pricing as a strategy
for monopolizing and industry is irrational that there has never been a single clear out example of a
monopoly created by so-called predatory pricing and that claims of predatory pricing are typically
made by competitors who are either unwilling or unable to cut their own prices. Thus, restrictions on
price cutting ,in the name of combating "predation ", are inevitably protectionist and anti consumer ,as
Harold Dem sets noted.
Predatory pricing is the Rodney Dangerfield of economic theory - it gets virtually no respect from
economists But it is still a popular legal and political theory for several reasons . First, huge sums of
money are involved in predatory pricing litigation, which guarantees that the antitrust bar will always be
fond of the theory of predatory pricing . During the 19700 ,AT&T estimated that it spent over $100
million a year defending itself against claims of predatory pricing . It has been estimated that the
average cost to a major corporation of litigating predation case is $30 million.
Second, because it seems plausible at first, the idea of predatory pricing lends itself to political
demagoguery, especially when combined with xenophobia. The specter of a foreign conspiracy To
take over American industries one by one is extremely popular in folk myth . protectionist members
of Congress frequently invoke that myth in attempts to protect businesses in their districts from
foreign competition .
Third Ideological anti-business pressure groups , such as Citizen Action , a self-styled consumer group
also employ the predatory pricing tale in their efforts to discredit capitalism and promote greater
governmental control of industry . Citizen Action perennially attacks the oil industry for either raising or
cutting prices. When oil and gas prices go up, Citizen Action holds a press conference to denounce
alleged price gouging . When prices go down , it can he relied on to Issue a' study " claiming that the
price reductions are part of a grand conspiracy to rid the market of all competitors. And then prices
remain constant, price-fixing conspiracies are frequently alleged .
Q1)
The central idea of the passage is that
(A) predatory pricing, which offers monopoly to the predator ,can be successful in a few cases.
(B) implementation of predatory pricing usually leaves the competitors bankrupt.
(C) governments should do their best to prevent predatory pricing in the interest of the economy.
(D) predatory pricing is a theoretical possibility, rather than a feasible strategy .
Q2)
The author believes the specter of American companies being taken over to be
(A) a tall tale too far-fetched to be true.
(B) a threat that proves protectionists' fears.
(C) an economic strategy competitors should be cautious about.
(D) a danger that looms bigger and bigger.
Q3)
The author mentions Citizen Action( in the last para ) to show that
(A) ideological anti-business pressure groups serve the society by protecting the interests of consumers.
(B) such organisations are inclined to criticize whatever action businesses undertake.
(C) pressure groups acting against businesses criticize the business actions whenever a business
undertakes price gouging.
(D) predatory pricing Is the business activity that these organizations criticize most.
Q4)
According to the passage ,the theory of predatory pricing Is popular for all the reasons EXCEPT
(A) the large amounts spent on the related litigation serves the interests of some parties involved.
(B) politicians resort to the conspiracy theory of predatory pricing to protect the industries.
(C) it has a grain of truth that cannot be controverted both by economists and by non-economists.
(D) certain pressure groups use the predatory pricing issue to argue for governmental control on
businesses.
C. Quantitative Aptitude
Q1)
Find the remainder of 21040 divided by 131.
(A) 1
(B) 3
(C) 5
(D) 7
Q2)
A vessel has a milk solution in which milk and water are in the ratio of 4 : 1. By addition of water to it, the
ratio of milk and water is changed to 4 : 3. On replacing 14 litres of this solution with pure milk the ratio of
milk and water changed to 5 : 3. What is the volume of the water added (in litres)?
(A) 12
(B) 60
(C) 32
(D) 24
Q3)
A car A starts from a point P towards another point Q. Another car B starts (also from P) 1 hour after the
first car, and overtakes it when it has covered 30% of the distance PQ. After that, the cars continue. On
reaching Q, car B reverses and meets car A after covering 231/3 % of the distance QP. Find the time taken
by car B to cover the distance PQ (in hours).
(A) 3
(B) 4
(C) 5
(D) 31/3
Q4)
A, B and C can independently do a work in 15 days, 20 days and 30 days respectively. They work
together for some time after which C leaves. A total of Rs 18000 is paid for the work and B gets Rs 6000
more than C. For how many days did A work?
(A) 2
(B) 4
(C) 6
(D) 8
Q5)
A dealer bought some mynahs, parrots and sparrows. He pays for each bird an amount (when expressed
in rupees) equal to the square of the number of birds of that kind. Altogether he bought 15 birds and spent
a total of Rs 645. Find the number of sparrows bought, given that they are less expensive than the
mynahs bought and the mynahs bought are less expensive than parrots bought.
(A) 2
(B) 4
(C) 6
(D) 8
Q6)
Usman works in an electronic devices repair shop. He purchased 7 capacitors and 13 resistors for a total
of Rs. 147. If the prices (in rupees) of these components are positive integers, what would it cost Usman
to buy 8 capacitors and 11 resistors?
(A) 141
(B) 151
(C) 181
(D) 161
Q7)
Ten pigeons have to be placed into 3 cages labeled A, B and C. These cages can accommodate at most
5, 4 and 3 pigeons respectively. Find the probability that no two cages have the same number of pigeons.
(A) 1/2
(B) 2/3
(C) 3/4
(D) ⅘
Q8)
Find |x-y| given (x + y)(x2 + y2) = 700 and x3 + y3 = 364.
(A)
(B)
(C) 2
(D) 4
Q9)
What is the side(approximately) of the square FGHK inscribed in a segment of a circle as shown, where
chord AB is 8 cm and height CD is 2 cm (FG and HK are parallel to OC) ?
(A) 1.9 cm
(B) 1.6 cm
(C) 1.3 cm
(D) 1.5 cm
Q10)
ABCD is any quadrilateral and E, F, G, H are midpoints of AB, BC, CD, DA respectively. I f area of
quadrilateral ABCD is 80 cm 2, find sum of areas of triangles AEF, GCH and BAC?
(A) 60 cm2
(B) 40 cm2
(C) 20 cm2
(D) cannot be determined
D. DILR
Direction for question 1 to 4 : Answer the questions on the basis of information given below.
Q1)
The total monthly investment of Company P is what percentage of the total investment of company Q?
(A) 200%
(B) 400%
(C) 300%
(D) 250%
Q2)
For which company is the rate of return the minimum?
(A) T
(B) Q
(C) S
(D) P
Q3)
If the sales cost and distribution cost are doubled for each company and the electricity costs are
decreased by half, which company’s monthly profit is decreased by maximum? (Given that there is no
change in any other cost)
(A) P
(B) S
(C) T
(D) R
Q4)
If the rate of return of company T is to be half of that of company U, then by approximately what
percentage should its sales increase, if all the costs remain the same?
(A) 10
(B) 15
(C) 18
(D) 26
Directions for Questions 5 to 7:
The following is the incomplete road network connecting six cities P, Q, R, S, T and U. Each point
indicates at most one of the six cities.
(i) Except U, each of the other cities is equidistant from both S and T.
(ii) Q is 7 km away from U.
(iii) P is 3 km away from R.
(iv)The distance between U and P is the same as the distance between Q and T.
Note: In the following questions, the distance between two cities is the shortest vertical or horizontal
distance.
Q5)
How far is T from S?
(A) 4 km
(B) 6 km
(C) 8 km
(D) 7 km
(C) U
(D) Both T and S
Q6)
Which city is farthest from city R?
(A) T
(B) S
Q7)
If U is nearer to T than to S, how much distance (in km) should a person travel if he goes from P to U via
S?
(A) 11
(B) 14
(C) 10
(D) 16