Common Management Admission Test
Question : Directions: Three of the following letter clusters are alike in some manner and one is different. Select the one that is different.
Option 1: MRVY
Option 2: GLPS
Option 3: NSWZ
Option 4: TGQJ
Correct Answer: TGQJ
Solution : Let's check each option – First option: MRVY; M + 5 = R; R + 4 = V; V + 3 = Y Second option: GLPS; G + 5 = L; L + 4 = P; P + 3 = S Third option: NSWZ; N
Question : Assertion: Dematerialization refers to the conversion of physical securities into electronic form.
Reason: Dematerialization helps in reducing the risk of theft and forgery of securities.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion is true. Dematerialization indeed refers to the
Question : Directions: Some equations are solved based on certain systems. On the same basis, find the correct answer from amongst the four alternatives for the unsolved equation in the question. a = 12(390)8; b = 7(134)5; c = 5(?)12
Option 1: 299
Option 2: 289
Option 3: 279
Option 4: 280
Correct Answer: 279
Solution : Given: a = 12(390)8; b = 7(134)5; c = 5(?)12
Square the sum of the first and third numbers and then subtract 10 from the resultant, to obtain the middle number – Here, a = 12(390)8→(12 + 8)2 – 10 = (20)2 –
Question : Directions: From the given alternative words, select the word that cannot be formed using the letters of the given word. ADMINISTRATION
Option 1: STRAIN
Option 2: TRADITION
Option 3: SITUATION
Option 4: RATION
Correct Answer: SITUATION
Solution : Given: ADMINISTRATION
Now, let's compare all the option words with the word ADMINISTRATION – First option: STRAIN; All the letters of STRAIN are present in the word ADMINISTRATION. Second option: TRADITION; All the letters of TRADITION are present in the word ADMINISTRATION. Third option: SITUATION;
Question : Which training method is best suited for teaching theoretical concepts and principles?
Option 1: On-the-job training
Option 2: Case studies
Option 3: Simulations
Option 4: Lectures and presentations
Correct Answer: Lectures and presentations
Solution : The correct answer is (d) Lectures and presentations.
Lectures and presentations are the training methods best suited for teaching theoretical concepts and principles. In a lecture or presentation format, an instructor can deliver information, explanations, and demonstrations of theoretical concepts and principles. This
Question : Rajesh invested INR 10,000 by dividing it into two different investment schemes, A and B, at simple interest rates of 8% and 10%, respectively. If the total interest earned in 2 years is INR 1,680, the amount invested in scheme A is:
Option 1: INR 8,000
Option 2: INR 2,000
Option 3: INR 6,000
Option 4: INR 4,000
Correct Answer: INR 8,000
Solution : Let the amount invested in scheme A be $x$ and in scheme B be $y$ Rate of A scheme = $\frac{8}{100}$ = 0.08 Rate of B scheme = $\frac{10}{100}$ = 0.10 Total invested amount INR 10,000 ⇒ $x + y$ = 10,000 Total interest
Hello Aspirant,
Merit-based calls or profile-cum-merit calls will be used in the IRMA 2024 selection process. Those who meet the minimal requirements for eligibility will receive an invitation to apply for the IRMA 2024 selection process. The creation of the final merit list will be based on the candidate's overall
Question : Which of the following is not a component of the current account?
Option 1: Merchandise trade balance
Option 2: Services trade balance
Option 3: Income balance
Option 4: Capital balance
Correct Answer: Capital balance
Solution : The correct answer is (d) Capital balance. The capital balance, also known as the financial account, is a separate component of the balance of payments. It records the flows of financial assets and liabilities between a country and the rest of the world, including
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