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Daily CSAT Practice Test
Everyday 5 Questions from Aptitude, Logical Reasoning, and Reading Comprehension will be covered from Monday to Saturday.
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Question 1 of 5
1. Question
A group of friends decided to go on a picnic and planned to spend Rs 96 on entry tickets for a zoo. Four of them however, did not turn up. As a consequence, the remaining ones had to contribute Rs 4 each extra. The number of those who attended the picnic was
Correct
Solution (b)
Let the number of persons be X. Then,
96/(X-4) – 96/X = 4 è 1/(X-4) – 1/X = 4/96
X2 – 4X – 96 = 0 è (X-12) (X+8) = 0
Therefore, X = 12
The number of friends who attended the picnic was 12-4 = 8
Incorrect
Solution (b)
Let the number of persons be X. Then,
96/(X-4) – 96/X = 4 è 1/(X-4) – 1/X = 4/96
X2 – 4X – 96 = 0 è (X-12) (X+8) = 0
Therefore, X = 12
The number of friends who attended the picnic was 12-4 = 8
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Question 2 of 5
2. Question
15 boys and 10 girls wrote an exam and three students out of them topped it. What is the probability that 1 girl and 2 boys top the exam?
Correct
Solution (c)
The number of ways that three students topping the exam = 25C3 = 2300
The number of ways that 1 girl and 2 boys topping the exam = 10C1 *15C2 = 1050
Probability = 1050/2300 = 21/46
Incorrect
Solution (c)
The number of ways that three students topping the exam = 25C3 = 2300
The number of ways that 1 girl and 2 boys topping the exam = 10C1 *15C2 = 1050
Probability = 1050/2300 = 21/46
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Question 3 of 5
3. Question
Modern manufacturers, who need reliable sources of materials and technologically advanced components to operate profitably, face an increasingly difficult choice between owning the producers of these items and buying from independent producers. Manufacturers who integrate may reap short-term rewards, but they often restrict their future capacity for innovative product development.
Backward integration removes the need for some purchasing and marketing functions, centralizes overhead, and permits manufacturers to eliminate duplicated efforts in research and development. Where components are commodities, backward integration almost certainly boosts profits. Nevertheless, because product innovation means adopting the most technologically advanced and cost-effective ways of making components, backward integration may entail a serious risk for a technologically active company—for example, a producer of sophisticated consumer electronics.
A company that decides to make rather than buy important parts can lock itself into an outdated technology. Independent suppliers may be unwilling to share innovations with assemblers with whom they are competing. Moreover, when an assembler sets out to master the technology of producing advanced components, the resulting demands on its resources may compromise its ability to assemble these components successfully into end products. Long-term contracts with suppliers can achieve many of the same cost benefits as backward integration without compromising a company’s ability to innovate.
However, moving away from backward integration is not a complete solution either. Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development. The resulting low profit margins on the sale of components threaten the long-term financial stability of these firms. Because the ability of end-product assemblers to respond to market opportunities depends heavily on suppliers of components, assemblers are often forced to integrate by purchasing the suppliers of components just to keep their suppliers in business.
According to the passage, all of the following are benefits associated with backward integration except
Correct
Solution (b)
“Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development. The resulting low profit margins on the sale of components threaten the long-term financial stability of these firms.”
From this we can conclude that option b is incorrect.
Incorrect
Solution (b)
“Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development. The resulting low profit margins on the sale of components threaten the long-term financial stability of these firms.”
From this we can conclude that option b is incorrect.
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Question 4 of 5
4. Question
Modern manufacturers, who need reliable sources of materials and technologically advanced components to operate profitably, face an increasingly difficult choice between owning the producers of these items and buying from independent producers. Manufacturers who integrate may reap short-term rewards, but they often restrict their future capacity for innovative product development.
Backward integration removes the need for some purchasing and marketing functions, centralizes overhead, and permits manufacturers to eliminate duplicated efforts in research and development. Where components are commodities, backward integration almost certainly boosts profits. Nevertheless, because product innovation means adopting the most technologically advanced and cost-effective ways of making components, backward integration may entail a serious risk for a technologically active company—for example, a producer of sophisticated consumer electronics.
A company that decides to make rather than buy important parts can lock itself into an outdated technology. Independent suppliers may be unwilling to share innovations with assemblers with whom they are competing. Moreover, when an assembler sets out to master the technology of producing advanced components, the resulting demands on its resources may compromise its ability to assemble these components successfully into end products. Long-term contracts with suppliers can achieve many of the same cost benefits as backward integration without compromising a company’s ability to innovate.
However, moving away from backward integration is not a complete solution either. Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development. The resulting low profit margins on the sale of components threaten the long-term financial stability of these firms. Because the ability of end-product assemblers to respond to market opportunities depends heavily on suppliers of components, assemblers are often forced to integrate by purchasing the suppliers of components just to keep their suppliers in business.
Which of the following best describes the way the last paragraph functions in the context of the passage?
Correct
Solution (b)
“However, moving away from backward integration is not a complete solution either. Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development.”
These lines support the argument that the new viewpoint about backward integration is provided which is already highlighted the previous paragraphs
Incorrect
Solution (b)
“However, moving away from backward integration is not a complete solution either. Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development.”
These lines support the argument that the new viewpoint about backward integration is provided which is already highlighted the previous paragraphs
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Question 5 of 5
5. Question
Modern manufacturers, who need reliable sources of materials and technologically advanced components to operate profitably, face an increasingly difficult choice between owning the producers of these items and buying from independent producers. Manufacturers who integrate may reap short-term rewards, but they often restrict their future capacity for innovative product development.
Backward integration removes the need for some purchasing and marketing functions, centralizes overhead, and permits manufacturers to eliminate duplicated efforts in research and development. Where components are commodities, backward integration almost certainly boosts profits. Nevertheless, because product innovation means adopting the most technologically advanced and cost-effective ways of making components, backward integration may entail a serious risk for a technologically active company—for example, a producer of sophisticated consumer electronics.
A company that decides to make rather than buy important parts can lock itself into an outdated technology. Independent suppliers may be unwilling to share innovations with assemblers with whom they are competing. Moreover, when an assembler sets out to master the technology of producing advanced components, the resulting demands on its resources may compromise its ability to assemble these components successfully into end products. Long-term contracts with suppliers can achieve many of the same cost benefits as backward integration without compromising a company’s ability to innovate.
However, moving away from backward integration is not a complete solution either. Developing innovative technologies requires independent suppliers of components to invest huge sums in research and development. The resulting low profit margins on the sale of components threaten the long-term financial stability of these firms. Because the ability of end-product assemblers to respond to market opportunities depends heavily on suppliers of components, assemblers are often forced to integrate by purchasing the suppliers of components just to keep their suppliers in business.
According to passage, when an assembler buys a firm that makes some important component of the end product that the assembler produces, independent suppliers of the same component may
Correct
Solution (a)
“A company that decides to make rather than buy important parts can lock itself into an outdated technology. Independent suppliers may be unwilling to share innovations with assemblers with whom they are competing”.
Hence option a is correct
Incorrect
Solution (a)
“A company that decides to make rather than buy important parts can lock itself into an outdated technology. Independent suppliers may be unwilling to share innovations with assemblers with whom they are competing”.
Hence option a is correct
