SBI PO 2015: Logical Reasoning Quiz

Directions (1-5): Below are given some passages followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and then decide upon its degree of truth and falsity.
Mark your answer as:
(1) if the inference is definitely true.
(2) if the inference is probably true.
(3) if the data is inadequate.
(4) if the inference is probably false.
(5) if the inference is definitely false.

Passage: The country has taken a major initiative by introducing convertibility of the Rupee on the current account. It has also been declared that the ultimate goal is to make the Rupee fully convertible. These are signs of the country’s achieving economic maturity. India is now ready to welcome foreign capital. It is preparing to reduce import tariffs to levels which are currently the norm in other developing countries. All these measures show that India is today mature and strong enough to face international competition and to integrate itself successfully with the global economy. The country is ready to shed its ideological inhibitions and ready to evaluate the international economic environment in a pragmatic spirit.

1. Convertibility has not been introduced on the capital account.
2. Current account convertibility means full convertibility.
3. An economically immature country does not have any convertibility of currency.
4. Import tariffs in India are lower than those in other developing countries.
5. Socialistic ideals prevented India from evaluating the international economic environment in a pragmatic spirit.
Directions (6-8): In each of the questions below is given a statement followed by two courses of action. Course of action is a step for administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy etc. On the basis of the information given in the statement, you have to assume everything in the statement to be true, and decide which of the given suggested courses of action is/are logically worth pursuing.
Give your answer as:
(1) if only I follows
(2) if only II follows
(3) if either I or II follows
(4) if neither I nor II follows
(5) if both I and II follow
6. Statement: Air export volumes have increased substantially over the past decade causing backlogs and difficulties for air cargo agents because of increased demand for space and service.
Courses of Action:
I. Airlines and air cargo agents should jointly work out a solution to combat the problem.
II. The reasons for the increase in the volume of air export should be found out.
7. Statement: The world conference of “Education for All” took place in 1990. Members who attended conference endorsed the frame-work of action for meeting the basic learning needs of all children
Courses of Action:
I. India should suitably implement the action points of this conference.
II. India should also immediately organise this type of conference.
8. Statement: About 30% to 40% of children who are enrolled, do not attend the school on any given day. 
Courses of Action:
I. More schools should be started.
II. Reasons for this absenteeism should be found out.
Directions (9-10): In each of the questions below, is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the assumptions and decide which of the assumption(s) is/are implicit in the statement.

9. Statement: “Move into the upper echelons without paying steep price – book a luxurious flat with us.” — Advertisement of a construction company.
Assumptions: 
I. It is possible to join the select brand of rich people by hard work.
II. Staying in luxury without paying steep price is the criterion of upper crust of society.
III. Booking a luxurious flat is very easy now.
(1) Only II is implicit
(2) Only III is implicit
(3) Only II and III are implicit
(4) None is implicit
(5) None of the above
10. Statement: “The employees’ association has appealed to the Manager of company ‘S’ to introduce written examination for clerical cadre recruitment to prevent selection of incompetent persons.”
Assumptions: 
I. So far the company S’ used to select candidates without conducting a written examination.
II. A written examination can help to identify competent persons.
III. At higher level, written examination may not be of much use.
(1) Only I and II are implicit
(2) Only I is implicit
(3) Only II is implicit
(4) All are implicit
(5) None of the above
Answers:

Solutions
(1-5):
1.        
(1)
2.        
(5)
3.        
(2)
4.        
(5)
5.        
(2)
Solutions (6-8):
6.        
(1): The problem faced by the
airlines and cargo agents is the non availability of cargo space. Therefore,
right course of action is to combat the problem.
7.        
(1): Implementation of such action
plans as framed by the conference is the right course of action as it will give
an immediate and effective impact on the standard of education for the
children.
8.        
(2): Reason for this absenteeism
should be found out as it will help to check such absenteeism of students from
the class.
Solutions (9-10):
9.        
(2)

10.     (1)