XAT - Mock
Direction for questions 1 to 5:
Read the following passage and answer the questions that follow with referenceto it.Retailing — no marks for guessing this is the most active and attractive sector of the last decade. While theretailing industry itself has been present through history in our country, it is only the recent past that haswitnessed so much dynamism. It’s the latest bandwagon that has witnessed hordes of players leaping onto it.While international retail store chains have caught the fancy of many travellers abroad, the action was missingfrom the Indian business scene, at least till recently.The emergence of retailing in India has more to do with the increasing purchasing power of buyers, especiallypost-liberalisation, increase in product variety, and the increasing economies of scale, with the aid of modernsupply and distribution management solutions.A definition of retailing is essential in order to be in a position to assess the impact of retailing and its futurepotential. The current retailing revolution has been provided an impetus from multiple sources. These‘revolutionaries’ include many conventional stores upgrading themselves to modern retailing, companies incompetitive environments entering the market directly to ensure exclusive visibility for their products andprofessional chain stores coming up to meet the need of the manufacturers who do not fall into either of theabove categories. Attractiveness, accessibility and affordability seem to be the key offerings of the retailingchain1.What, according to the passage, has been the most attractive sector in the last decade?a. Conventional storesb. Product varietyc. Retailingd. None of these2.Retailing was present, but lacked something according to the author. What was it?a. Charmb. Profitabilityc. Entrepreneurshipd. Dynamism3.What has led to the rise of retailing in India?a. Rising populationb. Increasing volume of salesc. Both (a) and (b)d. Increasing buying power of consumers4.What, according to the passage, does not appear as a feature of the modern face of retailing?a. Attractivenessb. Affordabilityc. Accessibilityd. Alacrity5.This article seems to bea. taken from a newspaper.b. thought-provoking.c. a figment of the imagination.d. part of a government white paper.
Direction for questions 6 to 15:
Fill in the blanks with one of the choices provided below.6.____ a business is all about proper decision making.a. Finishingb. Catchingc. Runningd. Laundering
Section – I