Reasoning Ability Quiz For Union Budget 2023- 1st February

Directions (1-5): Study the information carefully and answer the questions given below.
Six chairs are placed around a circular table in the parliament and all chairs face towards the center. Six ministers sit on the six different chairs and present six different schemes i.e., P, Q, R, S, T and U in budget. Each scheme allocated different amount (in crore) i.e., Rs 6200, Rs 2100, Rs 4200, Rs 3700, Rs 5000 and Rs 7400. All the information is not necessarily in the same order.
The scheme which allocated Rs 2100 is placed second to the right of P. One scheme is placed between P and T. The scheme which allocated Rs 7400 is two places away from T. The amount allocated for scheme P is Rs 4100 more than T. R is placed opposite to U. The amount allocated to scheme R is 1300 more than the amount allocated to S. Q is placed second to the left of S.

Q1. What is the sum of the amount (in crore) allocated to scheme Q and scheme S?
(a) Rs 6900
(b) Rs 7900
(c) Rs 6800
(d) Rs 8700
(e) Rs 3600

Q2. How many schemes are placed between scheme P and the scheme which allocated Rs 5000 (in crore) when counts from the left of P?
(a) None
(b) One
(c) Three
(d) Four
(e) Can’t be determined

Q3. Which among the following statement is /are true?
I. Scheme Q and scheme T placed adjacent to each other
II. The amount allocate to scheme Q is more than the amount allocated to scheme S
III. The amount allocated to scheme S is minimum
(a) Both I and II
(b) Both II and III
(c) Only I
(d) Both I and III
(e) Only III

Q4. What is the difference between the amount allocated to scheme U and scheme P (in crore)?
(a) Rs 1100
(b) Rs 1500
(c) Rs 1300
(d) Rs 1200
(e) Rs 1600

Q5. Which among the following scheme allocated the maximum amount?
(a) P
(b) R
(c) U
(d) Q
(e) Either P or U

Direction (6-10): Study the following information carefully to answer the given questions:
In a certain code language:
“Union budget of India” is coded as “PMSBY APY PMJDY NPS”
“Finance minister of India” is coded as “APY NPS PMJJBY PMMY”
“Finance year of budget” is coded as “APY PMSBY PMJJBY PMVVY”
“Government schemes budget increase” is coded as “KSN PMSBY OPS KKC”

Q6. What is the code for “Union minister”?
(a) PMMY PMVVY
(b) PMJDY APY
(c) PMMY PMJDY
(d) NPS PMJDY
(e) APY PMMY

Q7. If “Railway scheme” is coded as “KKC JJDY” then what is the code for “Government”?
(a) OPS
(b) KKC
(c) KSN
(d) OPS or KSN
(e) None of these

Q8. The code “KKC” is coded for?
(a) Finance
(b) Scheme
(c) Increase
(d) Government
(e) Can’t be determined

Q9. What may be the possible case for “Finance increase”?
(a) PMMY PMJJBY
(b) PMJJBY KSN
(c) NPS PMSBY
(d) PMJJBY PMVVY
(e) PMJDY PMMY

Q10. The code “NPS PMMY” is coded for?
(a) Finance minister
(b) Union minister
(c) India minister
(d) Finance year
(e) Finance scheme

Direction (11-15): Read the given information carefully and answer the questions based on it:
Six persons live on different floors of a six-floor building where floors are numbered as 1 to 6 from bottom to top. Their annual income is different and falls under distinct tax slabs. They also pay tax according to the income tax slabs which are given below:
• Rs 0 to Rs 3 lakh – 0% tax rate
• Rs 3 lakh to 6 lakh – 5%
• Rs 6 lakh to 9 lakh – 10%
• Rs 9 lakh to Rs 12 lakh – 15%
• Rs 12 lakh to Rs 15 lakh – 20%
• Above Rs 15 lakh – 30%

The one whose income is 22 lakh lives either on topmost or on bottommost floor. Three persons live between V and the one who pays maximum tax. S live two floors above V. Income of the one who lives on 4th floor is 7/11 of the one who lives on 6th floor. Two persons live between R and O. Difference between the income of the persons who lives just above R and two floors above S is equal to the income of the one who lives on ground floor. B lives two floors below the one whose income is 20% of B. Income of the one who lives on 2nd floor is 7 times of the one who is exempted from the tax. N’s income is equal to the difference of V and B’s income.

Q11. The one who lives on 3rd floor pay ____% tax?
(a) 5%
(b) 20%
(c) 10%
(d) 0%
(e) 15%

Q12. Who among the following pays third highest tax?
(a) R
(b) V
(c) O
(d) N
(e) B

Q13. How many persons live between N and V?
(a) Two
(b) Three
(c) Four
(d) None
(e) One

Q14. O lives on which of the following floor?
(a) Floor 2
(b) Floor 1
(c) Floor 3
(d) Floor 6
(e) Floor 5

Q15. What is the total income of N and S (in lakhs)?
(a) 14.4
(b) 20
(c) 12.8
(d) 4.8
(e) 17.2

Solutions