Insurance Exams

# Reasoning Ability Practice Test Bank for Insurance Exams – Prepare for OICL, UIIC, LIC, AIC 2018

Directions(1-5): Study the following information carefully and answer the given questions.
Here some statements with some conclusions. You have to choose which conclusion is suitable for the given statements from the given five options.
a)if only conclusion I follows.
b)if only conclusion II follows.
c)if either conclusion I or conclusion II follows.
d)if neither conclusion I nor conclusion II follows.
e)if both conclusion I and conclusion II follow.
1.Statements:
R ≥ S ≥ T > U > X,
T < V < W
Conclusions:
I.R > X
II.X < W

2.Statements:
E = F < G < H,
G ≥ I
Conclusions:
I.H > I
II.E ≥ I

3.Statements:
A > B > F > C,
D > E > C
Conclusions:
I.C < A
II.B > D

4.Statements:
K ≤ L ≤ M = N,
P ≥ O ≥ M
Conclusions:
I.K < P
II.K = P

5.Statements:
D < E < F < G,
K > F
Conclusions:
I.K ≤ G
II.K > D

6.Statement: The Government is working on a proposal to double the investment thresold that defines micro, small and medium enterprises (MSMEs).

Which of the following can not be a possible effect of the above proposal it is accepted ?
a)The step would enable more companies to get tax benefits currently available and more R & D would be available to MSMEs.
b)The MSMEs would discard its basic structure and these would come in direct competition with the bigger companies.
c)Technological upgradation and more R & D would be available to MSMEs.
d)If the sizes of companies are bigger then they are less vulnerable and their issues can be addressed in a better way.
e)The MSMEs would grow at rapid pace as many small entities prefer to be small for the fear of losing out the tax benefits.

7.Statement: The Income Tax authorities carried out raids at three different business houses in the city last week.

Which of the following can be a possible effect of the above statement?
a)Other business houses took immediate action to clear off all their income tax dues in order to avoid a raid on their establishments.
b)The three business houses are regular defaulters in payment of their income tax.
c)The Government decided to look into the matter and has appointed an inquiry committee.
d)The authorities intend to conduct raids in several other business houses in the vicinity.

8.Effect: The Reserve Bank of India has increased the priority sector housing loans to Rs.40 lakh per unit.

Which of the following can be a possible cause of the above statement?
a)Banking industry has sought permission to finance land purchase also.
b)Real estate developers are focusing on high-end luxury segment and ignoring the lower segment.
c)The Government is facing great challange to provide affordable housing to the needy people.
d)The costs of building materials have surpassed the prices of land for housing.
e)The definition of affordability in most of the cities has changed and more funds are needed to purchase a dwelling unit.

Directions(9-10): Study the following information carefully and answer the given questions.

Point Q is 4 metres towards the North of Point P. Point T is 8 metres towards the East of Point Q. Point R is 5 metres towards the East of Point P. Point S is 9 metres towards the West of Point R.

9.If Rohan walks 4 metres towards the South from Point T and then walks after taking a right turn, which of the following points would Rohan reach first?
a)R
b)S
c)Q
d)P
e)Can’t be determined

10.What is the distance between the points P and S ?
a)6 metre
b)4 metre
c)3 metre
d)7 metre
e)10 metre

1.e)
2.a)
3.a)
4.c)
5.b)
6.b)
7.a)
8.e)
9.a)
10.b)

Solution

1.Statements:
R ≥ S ≥ T > U > X,
T < V < W
R ≥ S ≥ T < V < W
W > V > T > U > X
Conclusions:
I.R > X : True
II.X < W : True

2.Statements:
E = F < G < H,
G ≥ I
E = F < G ≥ I
I ≤ G < H
Conclusions:
I.H > I : True
II.E ≥ I : Not true

3.Statements:
A > B > F > C,
D > E > C
A > B > F > C < E < D
Conclusions:
I.C < A : True
II.B > D : Not true

4.Statements:
K ≤ L ≤ M = N,
P ≥ O ≥ M
K ≤ L ≤ M = N ≤ O ≤ P
Conclusions:
I.K < P : Not true
II.K = P : Not true
K is either smaller than or equal to P.

5.Statements:
D < E < F < G,
K > F
D < E < F < K
K > F > G
Conclusions:
I.K ≤ G : Not true
II.K > D : True

6.Option (b) is not a possible effect.

7.Option (a) is a possible effect.

8.Option (e) is a possible cause

(9-10):

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