ICICI Placement paper 1
TEST 1: VERBAL APPLICATION
Choose the combination of words which you think will best fit the spaces for each question. Your answers should be grammatical and make the most sense. See how many you can do in 4 minutes.
The ______ of the venture might have been predicted if ______ attention had been paid to the report which pinpointed several fundamental problems.
A. failure, no B. failure, less C. failure, more D. success, more E. success, greater
2. The problem is not so ______ the total amount of funding assigned to the department, but rather that this funding has been _____ too thinly amongst individual managers.
A. much, given B. much, spread C. much, focused
D. uniquely, assigned E. Uniquely, distributed
The company will provide ______ clothing and equipment where it is required. However, it is up to the _____ to take reasonable care of there own safety by using equipment that is provided.
A. protection, employed B. protective, employment C. protective, employers
D. protective, employees E. precautionary, employees
The decision was _____ by the workforce as an important move towards providing a ______ defined career structure.
A. applauded, radically B. greeted, poorly C. criticized, poorly
D. dismissed, well E. welcomed, well
Her first step in ______ the problem was to ______ the opinions of those who would actually be involved in the day to day running of the scheme.
A. creating, define B. generating, imitate C. solving, seek
D. enhancing, discredit E. identifying, divulge
The job losses came despite _____ pressure to reverse the demand for______ cuts.
A. growing, tax B. decreasing, job C. increasing, sales
D. weakening, spending E. mounting, expenditure
______ are reminded that all the expense _____ should be authorized by their _______ and sent to account with relevant VAT receipt.
A. staff, forms, clients B. staff, allowances, supervisors C. staffs, claims, supervisors D. managers, claims, subordinates E. managers, bills, subordinates
8. _____ recent industrial relations _______, the company hopes that profits will ______ a dividend to be paid to the shareholders.
A. despite, conflicts, allow B. because of, set backs, prevent C. in view of, acrimonies, permit D. in line with, improvements, deter E. due to, difficulties, preclude.
TEST 2 NUMERICAL REASONING
Choose the correct answer from the 5 options given for each question. See how many you can do in 7 minutes. You may use a calculator.
If maintenance contract costs $87 per month and a technician call not under a maintenance contract $325, how many call outs per year would make the contract worthwhile?
A. 4 B. 5 C. 6 D. 7 E. 8
If every 250 bottles of bleach require 16.25 litres of solvent to produce, how much solvent is required to produce 6500 bottles of bleach?
A. 42.3litres B. 100litres C. 121.9litres D. 422.5litres E. 1219litres
Last years sales target was $265000. This years is $328000. By what percentage has this years sales target increased over last years?
A. 17 B. 29 C.43 D.81 E.none of these
A total of 5200 analyses last month required 17300 hours of computer time. Approximately how much time would be required to perform an additional 300 analyses if all other factors remain unchanged?
A. 330 hours B. 540 hours C. 660 hours D. 940 hours E. 1000 hours
A batch of shampoo requires 510 litres of herbal extract and 13400 litres of water. What is the approximate ratio of water to herbal extracts?
A. 26:1 B. 38:1 C. 1:26 D. 1:38 E. 1:260
How many times over the period did branches A, B or C experience a reduction in profit?
A. 0 B. 1 C. 3 D. 4 E. 5
By what percentage did the total profit made by branches A, B and C increase from year 1 to year 3?
A. 2% B. 2.2% C.20% D. 22% E. 102%
8.temporary staff are paid $6.00 per hour. If 47 hours were worked last week by each of 7 temporary staff, what was the total bill?
A. $197 B. $282 C. $329 D. $846 E. $1974
9. If 625kg of fruit are required to produce 200 jars of jam, approximately how much fruit is required to produce 450 jars of jam?
A. 144kg B. 531kg C. 864kg D. 1270kg E.1406kg
10.A survey carried out on 1500 people showed that 37% liked a new product, while 32% were indifferent. If the rest said they disliked the product, how many people were in category?
A. 48 B. 237 C. 465 D. 945 E1020
11. In an average week, the computer is down for 2.75 hours. Lost revenue per hour is $425000. What is the approximate total revenue lost in a 52 week year?
A. $0.23m B. $8.04m C. $12.1m D. $47.26m E$60.78m
12. The Operating Profit last year was $7.75m. If there is an increase this year of 13%, what will this years Operating Profit be?
A. $7945000 B. $8126800 C. $8346200 D. $8757500 E. none of these
13. Of a total of 225 employees, 32% are female, 89% of female employees are between the ages of 20 and 35. How many employees are females between the ages of 20 and 35?
A. 12 B. 58 C. 64 D. 89 E. 201
14. If a department makes a profit of 30% on a turnover of $85000, what percentage profit can be expected if overheads increase by $10000 but other factors remain unchanged?
A. 5% B. 10% C.14% D. 18% E.25%
TEST 3 VERBAL ANALYSIS
Choose the correct answer to each question by basing you answers on the information contained in the passage only and not on general knowledge. Some questions have 2 options, others have 5. See how many you can do in 8 minutes
Accountants have shown how simple it is to inflate profits artificially by manipulating accounting standards, while the stock market demonstrates that such artificial inflation will be followed by natural deflation: many companies have been humbled by falling profits and share prices. Certainly, accounting standards are as much to blame as accountants, but the heart of the problem is that tension between the interests of management and those of shareholders is almost invariably resolved in favour of management. Share holders notionally have the right to vote against the re-election of auditors, but they never do, and it is the management that signs the cheques. It is desirable for the accounting profession to police itself more effectively and for share holders to take more seriously their responsibility for the election of auditors. However, neither is likely to happen.
Which of the following best replaces the word “notionally” (line7)?
A. actually B. theoretically C. figuratively D. legally E. naturally
2. Why is it unlikely according to the passage that the accounting profession will begin policing itself more effectively?
A. the accounting profession has insufficient resources.
B. The management of companies would prevent this.
C. The accounting profession would lose profit.
D. The accounting profession does not want share holders to become involved in electing auditors.
E. Cannot say.
3.Which one of the following summarises the overall message of the passage?
A. Share holders should become more actively involved in company proceeding than at present.
B. Management should not be more influential than shareholders in the appointment of external advisors.
C. Auditors activities should not be controlled by the purse but by professional ethics.
D. Manipulation of accounting standards is ultimately undesirable and should be prevented.
E. Inflation and deflation are not always caused by legitimate influences.
4.Can it be inferred from the passage that most companies overstate their profits?
The government has recently attempted to integrate the environmental clean up of industry under one umbrella. To minimized environmental damage, the volume of pollutants emitted from a plant has to be authorized by an official pollution control inspectorate.
Industry has complained repeatedly about the time and cost of getting operations approved under the new system. The inspectors maintain, however, that industry often has itself to blame for delays as many applications provide insufficient data. Industry has also worried about public access to the information it supplies to get authorization. Information can only be withheld from public registers on the grounds of commercial confidentiality, if a company can prove it would be disadvantaged by disclosure.
5. For which two of the following reasons was the new pollutions control system set up?
A. To provide an integrated approach to pollutions control
B. To reduce the number of toxins utilized by industry.
C. To maintain the quantity of contaminants at an acceptable level.
D. To ensure that each industrial company operates competitively.
E. To enable applications to be authorized quickly.
6. Is it true according to the passage that obtaining authorization on operations results in having to divulge confidential information to competitors?
7.Can it be inferred from the passage that industry has not welcomed the introduction of the official pollution control inspectorate?
8.According to the passage, how accurate is the statement, “There would be no environmental destruction if there were no pollutants”?
A. Definitely true
B. Likely to be true
C. Likely to be untrue
D. Definitely untrue
TEST 4 NUMERICAL ANALYSIS
Choose the correct answer from the 5 options give for each by using the data provided. You will only need to the set of informations give above every four questions. See how many you can do in 8 minutes. You may use a calculator.
Sales department-staff numbers, years 1 to 3
STAFF PROFILE, YEAR 1
Function Length of service(in years)
Total number of staff = 275
1. How many more production staff are there than administrative staff?
A. 12 B.27 C.33 D.110 E. cannot say
2. How many administrative staff have served between 10 to 20 years?
A. 31 B. 57 C.72 D.89 E. cannot say
3. How many administrative staff are there in the 26 to 35 years service group, if the proportion of production staff and administration staff is the same for this group as for the overall group?
A. 11 B.29 C. 37 D.49 E.52
4. If half of the 0 to 5 years service group and all the 36+ years service group are production staff, how many production staff are there altogether in the other groups?
A.100 B.132 C.164 D.231 E. cannot say
SALES DEPARTMENT- STAFF MEMBERS YEARS 1 TO 3