Directions (1-3): Below in each question are given two statements (A) and (B). These statements may be either independent causes or may be effects of independent causes or of a common cause. One of these statements may be the effect of the other statement. Read both the statements and decide which of the following answer choices correctly depicts the relationship between these two statements.
Mark answer
(a) if statement (A) is the cause and statement (B) is its effect.
(b) if statement (B) is the cause and statement (A) is its effect.
(c) if both the statements (A) and (B) are independent causes.
(d) if both the statements (A) and (B) are effects of independent causes.
(e) if both the statements (A) and (B) are effects of some common cause.
Q1. A. Finance Minister Arun Jaitley announced two new All India Institutes of Medical Sciences (AIIMS) in Jharkhand and Gujarat.
B. There will be an increase in healthcare in the country and more student will get an opportunity to study in the renowned institution.
Q2. A. In budget 2017-18 total allocation for rural, agricultural and allied sectors for 2017-18 is Rs 187223 crore, which is 24% higher than last year.
B. The total allocation for infrastructure stands at a record level of Rs. 39,61,354 crore has been made in 2017-18, Finance Minister says
Q3.A. The government is considering the Special Investigation Team (SIT) recommendation to ban all cash transactions of more than Rs three lakh beginning from April 1, 2017.
B. India ranks third in a line-up of countries with money hidden abroad. And how much, exactly? USD 94.76 billion (or Rs 6 lakh crore) was hidden abroad in 2012. So assume a bit more than that for 2016.
Q4.Statement: This is a Budget for the future — for the farmers, the underprivileged, urban rejuvenation and rural development. From railway modernisation to economic reforms, from education to health, from entrepreneurship to industry, the aim of fulfilling the dreams of all is clearly visible in the Budget
Which of the following conclusion is drawn from the above statements?
(a) It mainly focus on farmers, rural development and it does not fulfill the expectations of higher class
(b) It provides the development for all sectors and it will speed up the development of the country and creates new employment opportunities.
(c) It will be a big change in financial conditions of the villages only.
(d) This budget ensures the growth rate of petroleum and chemical industries with respect to previous years.
(e) None of these
Q5.Statement: A rail safety fund, named ‘Rail Sanraksha Kosh’, with a corpus of Rs. 1 lakh crore is proposed to be set up over a period of five years, Mr. Jaitley announced. He added that all unmanned railway crossings on broad gauge lines will be eliminated by 2020.
Which of the following effect is drawn from the above statements?
(a) All follow
(b) With the creation of rail safety fund, the probability of rail accidents will be reduced
(c) The probability of rail accidents will be reduced and the safety of commuters will increase.
(d) With the creation of ‘Rail Sanraksha kosh’ with a corpus of Rs. 1 lakh crore , the funding for others sectors like aviation ,transport will be reduced.
(e) None of these
Directions (6-10): In each of the questions below are given four statements followed by four conclusions numbered I, II, III and IV. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
Q6. Statements: All cess are revenue. All Tax are revenue. All interest are revenue. All revenue are receipts.
Conclusion:
I. All cess are receipts.
II. Some receipts are interest.
III. Some receipts are tax.
(a) Only (I) follow
(b) Only (II) follow
(c) (I) and (II) follow only
(d) All follow
(e) (I) and (III) follow
Q7. Statements: All cess are revenue. All Tax are revenue. All interest are revenue. All revenue are receipts.
Conclusions:
I. Some cess are tax.
II. Some interest are tax.
III. Some receipts are cess.
(a) Only (I) follow
(b) Only (II) follow
(c) Only (III) follow
(d) Both (I) and (II) follow
(e) Both (I) and (III) follow
Q8. Statements: All salary are revenue. All pension are revenue. Some revenue are expenditure. All expenditure are budgets. All receipts are budget.
Conclusion:
I. Some revenue are receipts.
II. Some revenue are budget.
III. No salary is expenditure.
(a) Only (I) follow
(b) Only (II) follow
(c) Only (III) follow
(d) Both (I) and (II) follow
(e) Both (I) and (III) follow
Q9.Statements: All salary are revenue. All pension are revenue. Some revenue are expenditure. All expenditure are budgets. All receipts are budget.
Conclusions:
I. No pension is budget.
II. No salary is receipts
III. Some expenditure are revenue.
(a) Only (I) follow
(b) Only (II) follow
(c) Only (III) follow
(d) All follow
(e) None of these
Q10. Statements:
Some capital are expenditure.
Some revenue are expenditure.
Some capital are receipts.
Some revenue are budget.
Conclusions:
I. Some receipts are expenditure.
II. Some capitals are revenue.
III. Some budget are expenditure.
(a) Only (I) follow
(b) Only (II) follow
(c) All follow
(d) Only (III) follow
(e) None follow