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AMU MBA 2019, , Read the passage and answer the following question 1 to 5., , After being the leading economy in the world for over two decades with its export, economic growth mode, China has finally been admitted into the global currency elite club, International Monetary fund’s (IMF) reserve currency ‘list’. Form October next year, the yuan, Renminbi (RBM), will form part of the “basket” of currencies from which the IMF derives the of, its own reserve asset, the Special Drawing Rights or SDRs. The basket of currencies include US, , Doller, British Pond, Euro and the Japanese yen., , But Yuan’s entry into the IMF’s elite basket is fraught with fears - not completely unfortunately, through. First, China’s model of success from 1979 has been based on trade surpluses and do, investment. Now, the leadership would lothe changing that even though domestic growth has, slow down and there is a glut in much of the infrastructure sector. The Chinese leadership is, also known its propensity to devalue the Yuan often to make the country’s export cheaper,, which in turn led huge trade surplus. The other elite countries are all market democracies, with, well-established law. These institutional advances preceded their becoming issuers of, , currencies dependable and enough for other countries to use them as reserves., , 1. Which economic growth model has been followed by China over the last two decades?, (a) Import-led economic growth model, (b) Exports-led economic growth model, (c) Export and Import led economic growth model, (d) Business growth model, 2. According to the passage, what does global currency elite group constitute of., (a) Basket of investment Portfolio from which the IMF derives the value of special, Drawing Rights., (b) Basket of investment portfolio from which the World Bank derives the values of, special Drawing Rights., (c) Basket of currencies from which the World Bank derives the value of Special, , Drawing Rights., , Pg. 1 myteachingrobotcom, , Scanned with CamScanner, , Scanned with CamScanner
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(d) Basket of currencies from which the IMF derives the value of Special Drawing Right, , 3. According to the passage, why does the Chinese leadership used to devalue its, , currency earlier?, (a) To achieve trade deficit. (b) To make imports cheaper., (c) To make export cheaper. (d) Tohinder economic growth., 4. What does author mean by the term ‘currencies dependable and liquid' the passage?, , (a) Currency which can be used to develop infrastructure in the country., (b) Currency which can be used to provide loans., , (c) Currency kept in reserve which cannot be easily converted into cash., (d) Currency kept in reserve which can be converted into cash., , Which of the following is not a synonym of 'PROPENSITY'?, , ur, , (a) Proclivity (b) Inclination, (c) Tendency (d) Decency, 6. Spot the error, The only good thing (A)/about these (B)/ pens are (C)/ their colour and size. (D)., (a) (A) (b) (B), (c) (C) (d) (D), 7. Spot the error., , When we think of Gandhi, (A)/ we feel (B)/ that he was the most unique (C)/ man of, the world .(D), , (a) (A) (b) (B), (c) () (d) (D), 8. Spot the error., I forbade my son (A)/ not to go through (B)/ the contents (C)/ of my letter. (D), (a) (A) (b) (B), , (c) (©) (d) (D), 9. Spot the error., , Unless the Indian Cricket team (A)/ does not make extra efforts, (B)/ it will not be, , Pg. 2 myteachingrobot.com, , Scanned with CamScanner, , Scanned with CamScanner
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Pg. 3, , able (C)/ to defeat the Sri Lankan team. (D), , (a) (A) (b) (B), (c) (©) (d) (D), 10. Spot the error., I object to (A)/ war not because it drains (B)/ economy but that (C)/ it seems, inhuman. (D), (a) (A) (b) (B), () (© (d) (D), 11. The autonym of the word 'baroque' is:, (a) ornate (b) over decorated, (c) decorated (d) plain, 12. The synonym for the word ‘aboriginal is:, (a) modern (b) primeval, (c) new (d) _— recent, 13. The idiom 'to make a heavy weather of means:, (a) to make things difficult. (b) to make thing easy., (c) to face rain and storm. (d) to face dense fog., 14. I generally have bread and butter for my breakfast......?, (a) dol (b) don't I, (c) havel (d) haven't I, 15. Cat is.to feline inthe same way 4s ................. 9B BO csprececonnerent, (a) tiger; carnivorous (b) bird; vulpine, (c) sit; recline (d) horse; equine, 16. Projectile is to trajectory in the same way 4s ................. BOWES scicctinctsias, , (a) bullet; target, , (c) movie.; tragedy, , (b) satellite; orbit . ., , (d) dejection; renunciation, , myteachingrobot.com, , Scanned with CamScanner, , Scanned with CamScanner
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P, , go, , 17. The rich and the poor alike nobly responded .............. the call ........, (a) about; with (h) for; to, (c) on; about (d) to; for, 18. Let us Vie ...........0.. one another ............... doing good deeds., (a) for; of (b) between ; while, (c) with; in (d) for; on, 19. They were statesmen accustomed ............. the management ..........., (a) with ; about (b) in; for, (c) on ;:with (d) to; of, DOs sevsxexensccmnaees money that 1 had, | gave it to the poor urchin., (a)A little (b) The little, (c) A few (d) The few, , further funds., , re great affairs., , 21. In an archery match, Peter's team got more scores than David's team but not as many, , as Smith team. Smith's team got more scores then Taiwa's team. Taiwa's team got, , fewer score than Davi team., , Which team is in second place in the descending order of scores?, , (a)Smith's team (b) Taiwa's team, , (c) Peter's learn (d) David's team, , 22. A shepherd had 27 sheep. All but 10, died. How many he is left with?, , (a) 10 (b) 15, (c) 17 (d) 21, 23. Crop condition continues to be critical before rains., , Assumption :It is expected to improve after rain., , Assumption II: Unless it rains no change in crop condition is likely to be., , (a) Assumption | is implicit, , (c) Both I and I are implicit., , (b) Assumption II is implicit., (d) Neither of them is implicit., , myteachingrobotcom, , Scanned with CamScanner, , Scanned with CamScanner
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P, , go, , Ul, , 24. Direction: In the following a matrix is given. 'the characters in the matrix follow a, , 26., , as, , 28., , 29., , certain tree, , Find out this trend and choose the missing character from the given alternatives., , , , , , , , , , , , , , , , , , , , 26 |18 | 10, 11 |9 7, 5 4 1, 10 |5 ?, (a) 2, , (c) 5, , (a) Mother, (c) Aunt, , (b), (d), , 4, , 6, , . If Lis the husband of M and is the mother of O and M? What is N to L?, , (b) Sitter, , (d) Mother in Law, , Brain is related to cranium in the same way as Pearl is related to......?, , (a) Box, (c) Sand, , (b), (d), , Which month begins and ends on the same day of the week?, , (a) February, , (c) December, , (b), (d), , April, , February of the leap year, , Replace the question mark with the correct alternative, , (a) 298, , (c) 302, , (b), (d), , 304, 300, , Pointing to a man in a photograph, a woman said "His brother's father is the only son, , of my grandfather. How is the woman related to the man i the photograph?, , (a) Sister, , (c) grandmother, , (b), (d), , Aunt, , Daughter, , myteachingrobotcom, , Scanned with CamScanner, , Scanned with CamScanner
