PRELIMS

EXAM PAPERS
SOLUTIONS

MAY 2022

PAPER - 1
PAPER - 2
PAPER - 3
PAPER - 4
 INDEX
ENGLISH & BUSINESS
1 COMMUNICATION
1.1 to 1.4

BUSINESS
1 COMMUNICATION
1.1 to 1.3

2 LEGAL APTITUDE
2.1 to 2.4

2 LOGICAL REASONING
2.1 to 2.4

3 ECONOMICS
3.1 to 3.4

BUSINESS
3 ENVIRONMENT
3.1 to 3.4

4 CURRENT AFFAIRS
4.1 to 4.3

4 PRESENTATION SKILLS

4.1 to 4.5
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ENGLISH & BUSINESS

1 COMMUNICATION

Q. 1 Choose the correct article to fill in the blank. If no article is required, chose "no article".
There was ___________ collision between _______ car and ……… cyclist at _________
crossroads near ___________ my house early in _________ morning.
a) a, a, a, the, no article, no article c) a, the, a, the, no article, the
b) a, a, a, the, no article, the d) the a, a, no article, no article, the

Q. 2 Identify the word which is correctly spelt

a) Judgement c) ansient
b) Envirenment d) subtle

Q. 3 A beneficiary is a person who

a) Hold or is seeking an elected seat in government
b) Is qualified to deal with wills and other legal matters
c) Receives an advantage or payment under the terms of a will
d) Is responsible for taking care of protecting something

Q. 4 Choose the option that completes the proverb correctly.

A food and his …………are soon parted.
a) Wisdom c) foolishness
b) Money d) friends

Q. 5 Choose the correct option

The act of making someone do something against their will forcefully or threatingly
a) Cajolement c) coercion
b) Confession d) conviction

Read the following passage and answer the questions (6,7,8)

Abraham was born in Kentucky and lived there with his parents and sisters. The
Lincolns were very poor and lived in a small log cabin on the banks of a winding creek.
Mr. Thomas Lincoln, Abraham's father was a lazy man and could not read or spell. But
his wife, Nancy was a fair scholar and taught Abraham and his siter, Sarah. A fever
swept the country and Abraham's mother died. Three years later his father remarried.

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The second Mrs. Lincoln had been married before and had three children, a boy and two
girls. So now there were five children in all. Mr. Lincoln had built a better cabin and
decorated it with furniture brought by his new wife. The new mother made Abraham
and Sarah pretty clothes. They had neat, comfortable beds, and the two sets of children
were very happy. Mrs. Lincoln loved Abraham and helped him study and sent him to
school every day. When the nearby school ended she taught him reading and arithmetic.

Q. 6 Which of the following statements are True about the new Mrs. Lincoln?
a) She was born in Kentucky
b) She helped Abraham in his studies
c) She couldn't read or write
d) She brought beautiful clothes for her children.

Q. 7 According to the passage, another word for 'cabin' would be

a) Castle c) manor
b) Fortress d) tiny house

Q. 8 When the nearby school ended Abraham

a) His step mother taught him reading and arithmetic
b) His step mother aught him to build cabin
c) His step mother stopped his education
d) His step mother stopped treating him lovingly

Q. 9 Which of the following best describes the world 'dismissal' in legal context?
a) A Judge's decision to end the case
b) expel or bar someone from practicing law
c) an order made by a court that ends a marriage
d) action taken by a judge for dismissing a person.

Q. 10 Choose the correct option that best fits the meaning of the sentence.
Lily reached the …….. of her career with her fifth book, which won the booker prize.
a) Base c) revolution
b) Bottom d) peak

Q. 11 Which of the following sentence is correct?

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a) Neither Suresh nor Ramesh were elected as the class leader.

b) Neither Suresh nor Ramesh is elected as the class leader.
c) Neither Suresh nor Ramesh are elected as the class leader.
d) Neither Suresh or Ramesh is elected as the class leader.

Q. 12 which of the following is used to exchange information between individuals?

a) Ideas or feeling c) symbols
b) Listening d) signs
e) Secrets
a) b,c,e, c) a,b,c,d
b) a,b,e,d d) c,d,e

Q. 13 Choose the most logical order of sentences from among the given choices to
construct a coherent paragraph.
A) There was no question of John Adam's choice, he went to Harvard, and was one
of the four best scholars in college at the time.
B) When young John was sixteen, his father offered him the choice of following the
family pursuit of farming, and inheriting his share of the family estate, worth some
thirteen hundred pounds, or of having a "learned education" for all his inheritance.
C) He entered on the new work manfully, if not enthusiastically and prospered in it.
D) Shortly after receiving his degree he became the teacher of the grammar school in
the town of Worcester
a) BCDA c) DCAB
b) ABCD d) BADC

Q. 14 Choose the option that correctly rearranges the following phrases to make a
meaningful sentence.
A) When he sae a little girl
B) Shipping through the woods whistling happily
C) One day, the woodcutter was ### chopping same wood
D) Followed a big grey wolf
a) CABD c) CADB
b) BADC d) BACD

Q. 15 Which of the following pair of words is opposite in meaning?

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a) Wistful – melancholic c) chaotic – organised

b) Mirthful – joyful d) corked – twisted

Q. 16 Choose the option which denotes the correct meaning of the underline word.
The decision on the company merger be made by the board.
a) To get on a plane, train or ship
b) Exams that you take when you apply for college.
c) A group of people who have power to make decision and control a company or
organisations.
d) A piece of wood used for special purpose.

Q. 17 Choose the correct meaning of the given term "quid pro quo"
a) Equal exchange c) unequal exchange
b) Non-refundable d) non-exchangeable

Q. 18 Fill in the blanks with correct option :

It was like ……… when my friend sent money and I could take my mother to the
hospital.
a) Missing the boat c) blessing in disguise
b) No pain, no gain d) making matters worse

Q. 19 Choose the correct option.

The little boy ……………. US to the ………… mine where he worked.
a) Lead, leed c) lead, led
b) Lead,led d) leed, lead

SOLUTIONS

1-b 2-b&d 3-c 4-b 5-c 6-b 7-d

8-a 9-a 10 - d 11 - a & c 12 - c 13 - d 14 - a
15 - c 16 - c 17 - a 18 - c 19 - d

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BUSINESS
1 COMMUNICATION

Q. 1 Feedback emails are important to achieve all of the following except :

a) They enable companies to increase their revenue and growth
b) They make the customers understand the business secrets.
c) They help companies to improve the quality of their products and services
d) They facilitate to retain existing customers besides acquiring new ones

Q. 2 Before sending a formal email, it is always necessary to carefully check

A) Date and greeting C) Topic and content
B) Subject and acknowledgement D) Grammar and spellings
a) a,b,c,d b) only d c) only a d) b & C

Q. 3 which of the following would be called a written communication?

a) Radio broadcast b) Videos c) speeches d) reports

Q. 4 Which of the following is considered email etiquette?

a) Keep the subject line blank
b) Send the reply after a month
c) Proofread carefully before sending an email
d) Make multiple copies of the email

Q. 5 Which of the following cannot be shared an intranet of an organisation

a) Confidential information c) Sales reports
b) Financial reports d) Vendor information

Q. 6 Fill in blanks with the correct options.

The first page of a website is ……………………
a) Machine language c) screen layout
b) Web design d) home page

Q. 7 To overcome the language barrier all these methods can be used except :
a) Frequently check for understanding c) Ask for clarification
b) Improve your vocabulary d) Not paya attention

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Q. 8 Complete the sentence with the correct option

Miscommunication begins when the receiver ………….
a) Understands the language easily
b) Comprehends the essence of the message
c) Find clarity in the message
d) Decodes the message from his own perspective

Q. 9 which of the following helps the sender in confirming the correct interpretation of
message by the decoder?
a) Feedback c) encoder
b) Correctness d) medium

Q. 10 Fill in the blanks with correct option.

Officer order is a ……….which is issued by the competent authority and contains
instructions about work-related information indicated by the organisation.
a) Downward communication c) Diagonal communication
b) Lateral communication d) Horizontal communication

Q. 11 Which feature of a Telephone Conferencing Network allows the messages to be

recorded for replay?
a) Sore and forward c) Call recorder
b) Answering machine d) Voice recorder

Q. 12 Which of the following statement conveys the meaning of internal communication

network?
a) It is the channel used to pass on information to the customers and the clients.
b) It is the pattern of direction in which information flows in the organisation
c) It is the pattern of directors in which information is obtained from customers
d) It is the process in which criticism flows in the organisation from down to top

Q. 13 Choose the correct option for the following abbreviation : AS AP

a) As smart as possible c) As soon as possible
b) All soon all possible d) All sufficient all possible

Q. 14 Which of the following should be a persuasive message?

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a) A project estimate c) A group discussion

b) A sales pitch d) A business prospect

Q. 15 Oral Communication will be chosen for which of the following?

a) Press release c) Brochures
b) Newsletter d) Teleconference

Q. 16 Identify which of the following is the correct leave taking phrase in a business letter.
a) Your's affectionately c) yours sincerely
b) Affectionately yours d) yours' sincerely

SOLUTIONS

1-b 2-a 3-d 4-c 5-a 6-d 7-c

8-d 9-a 10 - a 11 - c 12 - b 13 - c 14 - b
15 - d 16 - c

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2 LEGAL APTITUDE

Q. 1 Which of the following types of damages can be claimed in the usual course by a
party whose suffers losses as a result of a breach contract?
a) Ordinary damages c) Exemplary damages
b) Special damages d) penal damages

Q. 2 Under Companies Act, 2013, what is the maximum number of public companies in
which a person can hold directorship at the same time?
a) 20 c) 15
b) 17 d) 10

Q. 3 A & B are friends. B had an old car which he wanted to sell and A wanted to buy it.
A messaged B asking for the price of Car. B messaged him that he will not sell the
Car for anything less than 60,000. A agrees to buy it for that price. Later B refuses to
sell. Which of the following options is correct for the given scenario?
a) The communication between A & B amounts to offer an acceptance.
b) The communication between A & B does not amount to offer and acceptance as
there is no consensus ad idem.
c) B has committed breach of contract as his offer was accepted by A
d) B has not done performance of contract in entirely.

Q. 4 To develop the high calibre professionals facilitating good corporate governance is

the :
a) Object of ICSI c) Vision of ICSI
b) Moto of ICSI d) mission of ICSI

Q. 5 A builder contracts to construct a house for B by 1st of March so that B can give
possession of the house to C. B had made a contract with C to let out the house for
rent. A is informed of this contract between B and C. However, A builds the house
so badly that before 1st of March, it falls down and had to be reconstructed by B.
As a consequence, B loses the rent he is to receive from C and has to make
compensation to C for this breach of contract, now A must make compensation to B
for the cost of rebuilding the house, for the rent lost and for the compensation

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made to C. which of the following types of damages can be claimed by the

aggrieved party in the given scenario?
a) Nominal damages c) Ordinary and special damages
b) Exemplary or punitive damages d) Vindictive damages

Q. 6 Which of the following option is false about the pardoning power of the president
of India ?
a) He can grant partition in case where the punishment is by a court martial
b) He can exercise mercy power for appeals pending in the court.
c) He can grant pardon or remit punishment in case of death sentence
d) He can grant pardon in case where the punishment is for an offence relating to
executive power of the Union

Q. 7 As per the Companies Act, 2013. Which of the following is incorrect about
independent directors?
a) They balance the conflicting interest of the stakeholders.
b) They assist the company in implementing the best corporate governance practices
c) They have no hold in determining the remuneration of key managerial personnel
d) They safeguard the interest of all stakeholders, particularly the minority shareholders

Q. 8 The chief minister of a particular state announced ban on liquor in that state. This
is an example for implementation of which of the following options?
a) Fundamental Rights c) Fundamental duties
b) Emergency provisions d) Directive principles

Q. 9 Where is the headquarters of the institute of company secretary of India (ICSI)

located?
a) New Delhi c) Kolkata
b) Hyderabad d) Mumbai

Q. 10 Which among the following terms has been added through a constitutional
amendment in the preamble of Indian constitution?
a) Secular and Democratic c) Sovereign and Republic
b) Socialist and Secular d) democratic and Republic

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Q. 11 A sends letter to B on 1st December stating that he wants to sell his house for 4
crores. On the same day B send letter to A to purchase his house for 4 crores. The
letter written by A first reaches B. Since B had already agreed to buy A's house in
his letter, he thought the contract was complete. Identify the nature of this contract.
a) The contract is complete with offer and acceptance and A has to sell house to B
b) The offer and acceptance is not valid as there is no written contract to this effect
c) There is no concluded contract between A & B as this is a cross offer
d) The contract is invalid as there is no offer made by both parties, it is just a proposal
for sale of the house.

Q. 12 Read the following statement and choose the correct answer.

i. The Motto of the Institute of Company Secretaries of India (ICSI) is "Satyam
Vada, Dharmam Chara – speak the Truth, Abide by the Law"
ii. The ICSI Motto was formally adopted to rejoice the beginning of Golden
Jubilee Celebrations and to commemorate attaining the milestone of 50,000
membership.
a) (i) – False and (ii) – True c) (i) – True and (ii) – True
b) (i) – False and (ii) – false d) (i) – True and (ii) – False

Q. 13 P & Co. Ltd. owns a number of vehicles which are used by its employees for
commutation. An employee R is seriously injured due to rash driving of T, one
of the drivers of the company. R decides to sue P & Co. Ltd. which of the following
statements is correct for the given scenario?
a) The company is not liable as the lift was given is disregard to the express
instruction of the firm
b) The company is not liable as the accident is done by their drive T
c) The company is vicariously liable for the act of its driver T, which caused serious
injuries to R
d) R took the lift gratuitously and therefore neither the driver T nor the company is
responsible.

Q. 14 As per the Companies Act, 2013, what is the minimum number of Directors in case
of a public company and private company respectively?
a) Two and Four c) Three and Two
b) One and Two d) three and Five

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Q. 15 Which article of the Indian Constitution is related to the Parliament to regulate the
right of citizenship by law?
a) Article 8 c) Article 13
b) Article 11 d) Article 7

Q. 16 In a corporate environment, which of the following terms represent conflict of

interest and unethical business practice?
a) Nepotism c) Impartiality
b) Meritocracy d) Equality

Q. 17 Identify the English, meaning of 'Ubi jus ibi remedium' a legal maxim of lain
origin?
a) Where there is a right, there is remedy
b) Nothing new to be introduced during litigation
c) From cause to effect in a legal system
d) Justice delayed is Justice denied

Q. 18 Running a rice hushing machine at night in the residential area of a city is an

example for which of the following types of torts?
a) Invasion of privacy c) public nuisance
b) Trespass to land d) strict liability of trots

SOLUTIONS

1-a 2-d 3-b 4-d 5-c 6-b 7-c

8-d 9-a 10 - a 11 - b 12 - c 13 - c 14 - c
15 - b 16 - a 17 - a 18 - c

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2 LOGICAL REASONING

Q. 1 In a row there are certain number of people. Rajan is 4th to the left of Raman, who
is 12th from the right most end. If there are 3 people to the left of Rajan, then how
many people are there in a row?
a) 18 c) 16
b) 19 d) 17

Q. 2 Which is the missing term in the series given below?

K,L,L,K,M,J,N?,O
a) J c) K
b) L d) I

Q. 3 What comes next in series given below?

AC, DF, GI, JL, MO?
a) PR c) UV
b) ST d) PQ

Q. 4 Read the information and answer the question that follows :

Six people are seated around a circular table facing centre. Alex is sitting to the
immediate left of Barry. David is sitting in between Eshan and Alex. Eshan is to the
immediate right of Charles. Farhan is the other person.
Who is sitting opposite to Alex?
a) Charles c) Barry
b) Eshan d) David

Q. 5 What is the reflex angle (in degrees) between the minute hand and hour hand at
5:30 pm?
a) 270 c) 345
b) 180 d) 225

Q. 6 What is the angle (in degrees) between the minute hand and hour hand at 3.30 pm?
a) 75 c) 45
b) 60 d) 90

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Q. 7 What is the next letter in the series given below?

A,C,F,J,O?
a) U c) W
b) X d) V

Q. 8 Alex is the only son of Gracy's mother Rachel. How is Henry, who is the husband
of Rachel, related to Alex?
a) Father in law c) Father
b) Son d) Uncle

Q. 9 Given below are 2 statements followed by 2 conclusions numbered I & II. Choose
the conclusion that logically follows the given statements by selecting a relevant
options.
Statements.
1. No mobiles are cakes
2. All Chocolates are cakes
Conclusions :
I. All Chocolates are mobiles
II. No Chocolates is a mobile
a) Neither Conclusion I or Conclusion II follows
b) Both Conclusions I & II follows
c) Only Conclusion I follows
d) Only Conclusion II follows

Q. 10 A larger cube is painted in red on all the faces and is cut into 64 equal cubes. How
any of the smaller cubes have 2 faces painted?
a) 24 c) 16
b) 8 d) 32

Q. 11 Which is the next number in the series given below?

1.5, 1.75, 2.25, 3, 4, ?
a) 5.75 c) 5.25
b) 4.75 d) 6.25

Q. 12 Which of the following statement given in the options is required to answer the

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question given below?

What is the present age of Rohan?
a) Sum the ages of Rohan and his Father is 70 years.
b) Rohan's father is 30 years elder than him
c) Rohan's age 10 years ago was half of his present age
d) Rohan is 5 years elder than his sister Renu

Q. 13 Jathin is the son of Ramesh, who is married to Sunitha. Sunitha is the mother of
Vani and is the sister of Monica, how is Monica related to Jathin?
a) Sister c) Sister in law
b) Aunt d) mother

Q. 14 If day before yesterday was Friday, then what day of the week will it be after 3
days from tomorrow?
a) Wednesday c) Thursday
b) Friday d) Saturday

Q. 15 Select one of the following four options that will make the 2nd pair analogous to
the 1st pair given
654 : 120 : : 123 : ?
a) 8 c) 16
b) 12 d) 6

Q. 16 In a certain code language the word "LAPTOP" is coded as "ALOPPT". How is the
word "CHARGE" coded in the same language?
a) HCGEAR c) GEARHC
b) ARGEHC d) ARHCGE

Q. 17 How many of the given numbers are greater than 50 but lesser than 80?
65, 46, 69, 82, 74, 32, 29, 55, 92, 66, 79
a) Five c) Four
b) Seven d) Six

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SOLUTIONS

1-b 2-d 3-a 4-a 5-c 6-a 7-a

8-c 9-d 10 - a 11 - c 12 - c 13 - c 14 - b
15 - b 16 - a 17 - d

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3 ECONOMICS

Q. 1 In economics a business requires four factor of production, namely labour, capital,

entrepreneurship and land. Which of the following does an entrepreneur aim to
receive from his/ her business.
a) Profits c) Rent
b) Interest d) Wages

Q. 2 In the Government Budget, which of the following is equal to the gross fiscal deficit?
a) Net borrowing at home + borrowing from abroad
b) Net borrowing at home + borrowing from RBI + borrowing from abroad
c) Net borrowing at home + borrowing from RBI
d) Revenue expenditure – Revenue receipts

Q. 3 What is full form of TRIPS?

a) Trader related Indian system c) Trade system
b) Trade related intellectual property system d) Trade related system

Q. 4 Consider the following statements –

i. One of the severe problem faced by small scale industries is that of non-availability
of adequate finance to carry out its operations
ii. many units in the small scale sector lack the credit worthiness required to raise
capital from the capital markets which is the following is correct
a) both (i) and (ii) are true c) (i) is false and (ii) is true
b) (i) is true and (ii) is false d) Both (i) and (ii) are false

Q. 5 Find price elasticity, if a secure supply 3000 Qty. When the market price is ` 30. Then
the market price is ` 35 the firm supply 3010 Qty.
a) 0.33 c) 0.10
b) 0.60 d) 0.50

Q. 6 Which of the following is the only correct identity?

a) NNP at market price = NNP at factor cost + depreciation
b) NNP at factor cost = NNP at market price – (Indirect taxes - subsidies)

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c) NNP at market prices = NNP at factor cost – (Indirect taxes – subsidies)

d) NNP at factor cost = NNP at market prices + depreciation

Q. 7 In the industrial policy 1991 of the Government of India , the term liberalisation
meant liberating most industries from
a) Payment of taxes and duties
b) An industrial license to start manufacturing
c) Unions of industrial workers
d) The liability to repay their existing loans

Q. 8 Hotel occupancy data for India have shown that tourists prefer to visit hill stations
during the summers. From this it can be inferred that
a) Demand curve of hotels in hill stations is likely to shift leftward during the summers
b) Supply curve of hotels in hill stations is likely to shift leftward during the summers
c) Supply curve of hotels in hill stations is likely to shift rightwards during the summers
d) Demand curve of hotels in hill stations is likely to shift rightward during the summers

Q. 9 The following data is extracted from a country's annual budget

Total expenditure (in lakh crores) = Rs.1100
Reserve receipts (in lakh crores) = Rs.880
Non-debt creating capital receipts (in lakh crores) = Rs.150
What was the value of gross fiscal deficit?
a) Rs.60 lakh crores c) Rs.80 lakh crores
b) Rs.50 lakh crores d) Rs.70 lakh crores

Q. 10 How many mega food parks operational in India ?

a) 21 b) 37 c) 12 d) 16

Q. 11 If ed > 1, then it indicates :

a) Perfectly inelastic demand c) Relatively elastic demand
b) Relatively inelastic demand d) Unitary elastic demand

Q. 12 And indicator of government deficit is measured by the following

Revenue expenditure – revenue receipts
This government deficit is known as

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a) Structure deficit c) fiscal deficit

b) Trade deficit d) revenue deficit

Q. 13 A manufacturing firm operates under perfect competition. From the present month,
the wage rate of labour for the firm has increased. Assuming that all other factors
remains unchanged, from the present month, at any given market price, it can be
expected that
a) The firm supplies the same number of units of output
b) The firm supplies fewer units of output
c) The impact on the number of units of output of the firm cannot be exactly determined
d) The firm supplies more units of output

Q. 14 Which of the following is a component of the capital receipts of the government of

India?
a) Goods and Service Tax (GST) levied at point of sale
b) Receipts from disinvestment of government shareholding in public sector banks
c) Excise duty levied by the government of India on production of certain goods in
India
d) Income tax receipts from resident individuals

Q. 15 For government of India support programmes targeting the micro, small and
medium enterprise (MSME) sector in India, which of the following coordinates
functions of various ministries, MSME entrepreneurs banks and other financial
institutions?
a) Small industries development bank of India
b) Industrial finance corporation of India
c) Small business finance corporation of India
d) National housing bank

Q. 16 Consider the following statements :

i. Net domestic product at market prices is the factor income in the form of wages,
profits, rent, interest etc. earned by owners of factors of production for
supplying factor services within domestic territory during an accounting year.
ii. Between any two years real GDP changes only with one factor, namely, change
in volume of production

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Which of the following is correct?

a) (i) is false and (ii) is true c) (i) is true and (ii) is false
b) Both (i) and (ii) are true d) Both (i) and (ii) are false

Q. 17 In India under industrial licensing system, entrepreneurs in the manufacturing

sector had to get permission from government officials to start a firm or to decide
production quantity or to close down the firm. Which of the following Act or
policy abolished industrial licensing system for all industries except for a few
limited product categories?
A) Companies Act 1956
B) Statement of Industrial Policy Act, 1991
C) Industrial Policy Resolution of 1956
D) Industries (Development & Regulation) Act, 1951

Q. 18 Refinancing Institutions extend refinance to banking as well as non-banking

intermediaries for tending to small scale industries, agriculture and housing
sectors. Which of the following is an Indian refinancing institution.
a) LIC Housing Finance
b) Reserve Bank of India
c) Small Industries Development Bank of India
d) Industrial Finance Corporation of India

SOLUTIONS

1-a 2-b 3-b 4-a 5-c 6-b 7-b

8-d 9-d 10 - a 11 - c 12 - d 13 - b 14 - b
15 - a 16 - a 17 - b 18 - b

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BUSINESS
3 ENVIRONMENT

Q. 1 The Ministry of Corporate Affairs, Government of India is not concerned with

administration of the …….
a) Limited Liability Partnership Act, 2008 c) Competition Act, 2002
b) Companies Act, 2013 d) Employees Compensation Act
1923

Q. 2 In financial markets, credit rating agencies provide unbiased independent assessment

of credit risk borrowing entities thus making access to credit easy for borrowing
entities and decision making easy for lending entities. Which of the following is an
Indian Credit rating agencies
a) CRISIL Limited c) SBI Capital Market Limited
b) National Payment Corporation of India d) ICICI Bank Limited

Q. 3 Consider the following statements.

i. In India , an entrepreneur is exempt from paying Income Tax on business profits
for a period of fifteen years.
ii.

a) Both (i) and (ii) are true c) (i) is false and (ii) is True
b) (i) is True and (ii) is False d) Both (i) and (ii) are false

Q. 4 Which of the following is an example of the impact of political environment on

business enterprises in India ?
a) High demand for sweets gifts and apparel during popular festivals of India
b) Compensation given by the government to acquire land for constructing metro rail
in city
c) Booking of e-tickets for railways by passenger
d) November 2016 demonetisation by RBI in which the two largest denomination
currency notes Rs.500 & Rs.1000 were demonetised.

Q. 5 The factors and forces that affect performance of individual business enterprises

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directly and immediately in their day to day working are known as

a) Topographic forces c) General forces
b) Specific forces d) Demographic forces

Q. 6 Which of the following is the only false statement about common functions of a stock
exchange
a) A stock exchange prevents anti-competitive agreements between firms
b) A stock exchange provides a mechanism for continuous determination of prices of
securities
c) A stock exchange assures safety of transactions to both sellers and buyers of securities
d) A stock exchange provides case of disinvesting to investors of existing securities

Q. 7 Consider the following statement

i. A major problem faced by a small business is the procurement of raw materials
ii. Commonly, a small business is promoted and operated by a single person, who
may not posses all the managerial skills required to run the business.
Which of the following is correct.
a) Both (i) and (ii) are true c) (i) is false and (ii) is true
b) (i) is true and (ii) is false d) Both (i) and (ii) are false

Q. 8 Launches in 2016 this is Government of India 's flagship initiative to catalyse startup
ventures, nurture innovation, empower entrepreneurs and boost employment and
economic growth across India. its 19 - point action plan includes funding support,
setting up incubation centres, easier regulatory compliance, handholding in fling
patents and so on. This government initiative is known as.
a) Digital India c) Skill India
b) Stand up India d) Start-up India

Q. 9 Consider the following statements

i. Business environment is the sum total of all thins internal to business firms
ii. Business environment is a relative concept since it differs from country to country
and often differs between any two regions within the same country.
Which of the following is correct
a) Both (i) and (ii) are True c) (i) is False and (ii) is True
b) (i) is True and (ii) is False d) Both (i) and (ii) are False

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Q. 10 The members of which of the following are in the fields of IT Infrastructure

Management IT R&D services, e-commerce, web services, offshoring, animation and
gaming?
a) Indian Association of Outsourcing Services (IASS)
b) Information Technology Association of India (ITAI)
c) National Association of Software and Services Companies (NASSCOM)
d) Association of Information Technology and Business Process Outsourcing
Companies (AITBPOC)

Q. 11 What is incubator?
a) It is a type of big company
b) It is a type of small enterprise
c) It is a type of investment
d) It is like a parent who nurtures the business

Q. 12 Beti Bachao, Beti Padhao” (save the girl child, educate the girl child), the Government
of India's nationwide scheme on advocacy of education of girls and related issues of
empowerment of women, is a factor belonging to the
a) Technological environment b) Social environment
c) legal environment d) economic environment

Q. 13 Under Insolvency and Bankruptcy Code, 2016, which of the following is the authority
for adjudicating disputes which relate to the insolvency of the corporate debtor?
a) Insolvency And Bankruptcy Board of India
b) National Financial Reporting Authority
c) Debt Recovery Tribunal
d) National Company Law Tribunal

Q. 14 A Government of India support scheme organises the traditional industries and

artisans into clusters to make them competitive. Aims of the scheme are skills

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a) Stand up India
b) Traditional industries cluster mission
c) Revamped Scheme of fund for registration of traditional industries
d) Pradhan Mantri Mudra Yojana

Q. 15 Consider the following statements

i.

ii.

a) Both (i) and (ii) are True c) (i) is False and (ii) is True
b) (i) is True and (ii) is False d) Both (i) and (ii) are False

Q. 16 Which of the following is under supervision of the Ministry of Corporate Affairs,

Government of India ?
a) Institute of Chartered Accountants of India c) Indian National Bar Association
b) Institute of Actuaries of India d) Indian Institute of Baking & Finance

Q. 17 In India , each cigarette pack is required to carry the statutory warning “Cigarette
Smoking is injurious to health”. This is an example of the
a) Legal environment of business c) Social environment of business
b) Political environment of business d) Economic environment of business

SOLUTIONS

1-d 2-a 3-c 4-d 5-b 6-a 7-c

8-d 9-c 10 - c 11 - d 12 - b 13 - a 14 - a
15 - a 16 - a 17 - a

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4 CURRENT AFFAIRS

Q. 1 As a part of the celebrations of “Azadi Ka Amrit Mahotsav” for commemorating

75 years of India 's Independence, the first edition of the Himalayan Film Festival
held in which of the following places?
a) Shimla b) Srinagar
c) Dehradun d) Leh

Q. 2 Who among the following cricketers has been appointed as the chairman of the ICC
Cricket Committee in November 2021?
a) Rahul Dravid c) Saurav Ganguli
b)Anil Kumble d) Venkatesh Prasad

Q. 3 In September 2021, the Union Cabinet approved a number of structured and process
reforms in the telecom sector. One of them is the increase of foreign direct
investment FD( in the telecom sector under the automatic route from 49% to …….
a) 60% b) 79% c) 100% d) 90%

Q. 4 In July 2021, ICSI signed a Memorandum of Understanding with which of the

following companies where the company would offer its professional travel services
to the members, students and employees of the ICSI?
a) Airports Authority of India
b) Indian Association of Tour Operators
c) Balmer Lawrie & Co. Limited
d) Indian Trade Promotion Organisation

Q. 5 In September 2021, the government has set up an asset management company that will
work in tandem with the National Asset Reconstruction Company Ltd. (NARCL) to
clean up bad loans identify the name of this bank
a) Indian infrastructure finance company limited
b) National debt reconstruction corporation limited
c) India debt resolution company limited
d) State debt resolution company limited

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Q. 6 In September 2021, Zee Entertainment Enterprises Limited announced merger with the
following media and entertainment giants?
a) Star India c) TV 18 Broadcast
b) Sun TV/ Network d) Sony Pictures Network India

th
Q. 7 On 15 August 2021, Prime Minister Narendra Modi announced a 100 lakh crore
national master plan for holistic infrastructure development in India . identify the
name of the scheme.
a) SVANIDHI scheme c) UDAN scheme
b) Gati Shakti Scheme d) MUDRA scheme

Q. 8 Identify the name of the manned submersible vehicle that is being developed under
India 's first ocean mission “Samudra Yan” that was launched at Chennai in October
2021.
a) Jalpari 4000 b) Samudra 6000
c) Matsya 6000 d) Manthan 6000

st
Q. 9 .The 21 meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads
of State was held in September, 2021 in Dushanbe in hybrid format. Who among the
following minister represented India at this summit?
a) Nirmala Sitharaman c) Subramanyam Jaishankar
b) Rajnath Singh d) Anurag Thakur

Q. 10 The first in person QUAD leaders' summit was attended by Prime Minister Narendra
Modi in September 2021. It was hosted in :
a) New York b) Washington DC
c) Chicago d) Los Angeles

Q. 11 The new SARS – COV – 2 Variant, B.1.1.529 first reported in South Africa classified
as a 'variant of concern' by the world health organisation its named as
a) Delta plus b) Gamma c) Omicron d) alpha

Q. 12 In August 2021, the pilot run (soft lunch) of “International Bullion Exchange” which
will provide an integrated common platform for all participants to trade bullion was
launched by which of the following organisations?

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a)Indian Institute of Foreign Trade (ITFT)

b)Indian Trade Promotion Organisation (ITPO)
c)Insolvency and Bankruptcy Board of India (IBBI)
d)Information Financial Services Centres Authority (IFSCA)

Q. 13 In September 2021, the new judges were administered the oath of office as Judges of
the Supreme Court by Chief Justice of India N.V.Ramana. How many judges among
them were women?
a) Five c) Six
b) Two d) Three

Q. 14 Which of the following options is not among the top five countries in terms of
total medals won a Tokyo Olympics 2021?
a) Republic of Korea c) Great Britain
b) Unites States of America d) Peoples Republic of China

Q. 15 The November 2021, who inaugurated the first global innovation summit of the
pharmaceuticals sector via video conferencing?
a) Mansukh Mandaviya c) Dharmendra Pradhan
b) Narendra Modi d) Prahalad Joshi

SOLUTIONS

1-d 2-c 3-c 4-c 5-c 6-d 7-b

8-c 9-c 10 - b 11 - c 12 - d 13 - d 14 - a
15 - b

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4 PRESENTATION SKILLS

Q. 1 Fill in the blanks with the correct articles :

It is difficult to find ………..solution for ……impossible problem.
a)The, a b)The, the c)a, an d)an, a

Q. 2 Read the following dialogue and chose the most appropriate option to complete the
dialogue conversation between two friends.
Hari : Why don't play football with us?
Shyam : I hate sports
Hari : __________
Shyam : I prefer reading to playing
Hari : But that does not explain well
a) Why do you hate sports?
b) I love sports
c) Are you fond of watching TV?
d) From when did you start reading books?

Q. 3 Read the dialogue and choose the most appropriate option to complete the dialogue :
Conversation between a customer and a sweet shop owner :
Shopkeeper: What are you looking for sir?
Customer: I am really disappointed that the sweets you gave me yesterday were stale.
Shopkeeper: I am extremely sorry Sir………….
Customer : I was surprised because normally sweets in your shop are always fresh.
a) So, you should have checked the sweets before you bought.
b) It is strange that only you are complaining.
c) Sorry Sir. Will refund the bill amount and will also give you some fresh sweets.
d) Sorry Sir. We do not entertain any complaint about the sweets we sell.

Q. 4 Read the dialogue and choose the most appropriate option to complete the dialogue.
Conversation between a father and a son.
Father:What are you going to do now? Are you going to apply for jobs?
Son:………………………………………………………………………….
Father :where are you planning to get the money for investment?

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Son:Dad, I have applied for a loan in the Bank.

a) Yes Dad, I have applied for a loan in the bank.
b) Dad, I am old enough to decide what I want to do
c) Dad, can we wait for mom to return and then decide what to do?
d) No dad, I have not applied for any jobs. I want to do my own business.

Q. 5 Read the dialogue and choose the appropriate option to complete the dialogue.
Conversation between two friends
Rashmi:This place looks so good. The ambience is perfect
Kishore:Yes. The food is good too.
Rashmi:………………………………………………………….
Kishore :Chicken nuggets are tasty. Let's order that.
a) I think the food will be bad here. c) What tastes good?
b) We better look for another place. d) I ma not hungry.

Q. 6 Identify the meaning of the underlined idiomatic phrase.

The manager thought that all his mistakes will get glossed over because of the
position he holds.
a) Be ignored b) Be publicised
c) be followed d) be questioned

Q. 7 Identify the meaning of the underlined idiomatic phrase.

There was so much peace after the two countries decided to make amends.
a) To negotiate between two parties
b) To build fences around themselves
c) To correct a mistake that one has made
d) To say the rights things in the right place.

Q. 8 Fill in the blanks with the correct option.

The boy added …….the money and found that it was more than what he wanted.
a) Away b) Of c) Up d) On

Q. 9 A presenter for a selected audience should

a) Customise his presentation c) Present common ideas
b) Present his own ideas d) Present irrelevant ideas

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Q. 10 Which of the following indicates that the presenter is appropriately dressed?

a) Dresses formally c) Dresses in ceremonial clothes
b) Dresses in casuals d) Dresses I gaudy colour

A passage is printed with blanks which are numbered. You are required to
complete passage by answering the questions that follow. Question No. 11 to 20
A tsunami only become hazardous (1) it approaches land. As a tsunami enters
shallow water near coastal shorelines, it slows to 20 to 30 mph. the wavelength
decreases, the height increases, and current intensity. Tsunami warnings come in
(2) forms. There are official warnings issued by tsunami warning centres that are
broadcast through local radio and television, and social media. They may also come
through outdoor sirens, local officials, text messages alerts and telephone notifications.
There may not be time to (3) for an official warning. So it is important to be able to
recognise (4) tsunami warnings. These (5) strong or long earthquakes, a loud
roar (like that of train or an aeroplane) coming from ocean and a sudden rise or fall of
the sea level that is not related to the tide. Official and natural warnings are equally
(6) Be prepared to respond immediately to any tsunami warnings. Move quickly to
a sale place by following posted evacuations signs. If you do not see any evacuation
route, go to high ground as far inland as possible. When they strike land, most tsunamis
are less than two feet high, but in extreme cases, they can exceed 100 feet near their
source. A tsunami come onshore like a fast rising flood or a wall of turbulent water, and
a large tsunami can food low lying coastal areas more than a mile inland. Rushing water
from wages, floods, and rivers is incredibly (7) just six inches of fast moving water
can knock adults off their feet, and twelve inches can (8) a small ar. Tsunami can be
particularly (9) because of their speed and volume. They are also dangerous as they
return to the sea, carrying debris and people with them. The first wave in a tsunami may
not be last, the largest or the most damaging. Stay out of the Tsunami hazard zone until
local officials tell it is (10) as the danger may last for hours or days.

Q. 11 Choose the appropriate word for blank 1.

a) When c) there
b) Where d) then

Q. 12 Choose the appropriate word for blank 2.

a) Much b) One c) such d) different

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Q. 13 Choose the appropriate word for blank 3.

a) Announce c) prevent
a) Wait d) cover

Q. 14 Choose the appropriate word for blank 4.

a) Nature c) natural
b) Naturally d) nature's

Q. 15 Choose the appropriate word for blank 5.

a) Involve c) include
b) Instigate d) invite

Q. 16 Choose the appropriate word for blank 6.

a) Popular c) protective
b) Influential d) important

Q. 17 Choose the appropriate word for blank 7.

a)Feeble c)rigid
b)Powerful d)delicate

Q. 18 Choose the appropriate word for blank 8.

a) Carry away c) carry on
b) Carry about d) carry with

Q. 19 Choose the appropriate word for blank 9.

a) Destruction c) destructing
b) Destructive d) destroy

Q. 20 Choose the appropriate word for blank 10.

a) Safter c) safely
b) Safety d) safe

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SOLUTIONS

1-c 2-a 3-b 4-d 5-c 6-a 7-a

8-c 9-a 10 - a 11 - a 12 - d 13 - a 14 - c
15 - c 16 - d 17 - b 18 - a 19 - b 20 - d

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