1. Which is the prize that is referred to in the passage ?





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MCQ->McDonald’s ran a campaign in which it gave game cards to its customers. These game cards made it possible for customers to win hamburgers, French fries, soft drinks, and other fast-food items, as well as cash prizes. Each card had 10 covered spots that could be uncovered by rubbing them with a coin. Beneath three of these spots were “No Prize” signs. Beneath the other seven spots were names of the prizes, two of which were identical. For, example, one card might have two pictures of a hamburger, one picture of a coke, one of French fries, one of a milk shake, one of a $5, one of $1000, and three “No Prize” signs. For this card the customer could win a hamburger. To win on any card, the customer had to uncover the two matching spots (which showed the potential prize for that card)before uncovering a “No Prize”; any card with a “No Prize” uncovered was automatically void. Assuming that the two matches and the three “No Prize” signs were arranged randomly on the cards, what is the probability of a customer winning?....
MCQ-> The second plan to have to examine is that of giving to each person what she deserves. Many people, especially those who are comfortably off, think this is what happens at present: that the industrious and sober and thrifty are never in want, and that poverty is due to idleness, improvidence, drinking, betting, dishonesty, and bad character generally. They can point to the fact that a labour whose character is bad finds it more difficult to get employment than one whose character is good; that a farmer or country gentleman who gambles and bets heavily, and mortgages his land to live wastefully and extravagantly, is soon reduced to poverty; and that a man of business who is lazy and does not attend to it becomes bankrupt. But this proves nothing that you cannot eat your cake and have it too; it does not prove that your share of the cake was a fair one. It shows that certain vices make us rich. People who are hard, grasping, selfish, cruel, and always ready to take advantage of their neighbours, become very rich if they are clever enough not to overreach themselves. On the other hand, people who are generous, public spirited, friendly, and not always thinking of the main chance, stay poor when they are born poor unless they have extraordinary talents. Also as things are today, some are born poor and others are born with silver spoons in their mouths: that is to say, they are divided into rich and poor before they are old enough to have any character at all. The notion that our present system distributes wealth according to merit, even roughly, may be dismissed at once as ridiculous. Everyone can see that it generally has the contrary effect; it makes a few idle people very rich, and a great many hardworking people very poor.On this, intelligent Lady, your first thought may be that if wealth is not distributed according to merit, it ought to be; and that we should at once set to work to alter our laws so that in future the good people shall be rich in proportion to their goodness and the bad people poor in proportion to their badness. There are several objections to this; but the very first one settles the question for good and all. It is, that the proposal is impossible and impractical. How are you going to measure anyone's merit in money? Choose any pair of human beings you like, male or female, and see whether you can decide how much each of them should have on her or his merits. If you live in the country, take the village blacksmith and the village clergyman, or the village washerwoman and the village schoolmistress, to begin with. At present, the clergyman often gets less pay than the blacksmith; it is only in some villages he gets more. But never mind what they get at present: you are trying whether you can set up a new order of things in which each will get what he deserves. You need not fix a sum of money for them: all you have to do is to settle the proportion between them. Is the blacksmith to have as much as the clergyman? Or twice as much as the clergyman? Or half as much as the clergyman? Or how much more or less? It is no use saying that one ought to have more the other less; you must be prepared to say exactly how much more or less in calculable proportion.Well, think it out. The clergyman has had a college education; but that is not any merit on his part: he owns it to his father; so you cannot allow him anything for that. But through it he is able to read the New Testament in Greek; so that he can do something the blacksmith cannot do. On the other hand, the blacksmith can make a horse-shoe, which the parson cannot. How many verses of the Greek Testament are worth one horse-shoe? You have only to ask the silly question to see that nobody can answer it.Since measuring their merits is no use, why not try to measure their faults? Suppose the blacksmith swears a good deal, and gets drunk occasionally! Everybody in the village knows this; but the parson has to keep his faults to himself. His wife knows them; but she will not tell you what they are if she knows that you intend to cut off some of his pay for them. You know that as he is only a mortal human being, he must have some faults; but you cannot find them out. However, suppose he has some faults he is a snob; that he cares more for sport and fashionable society than for religion! Does that make him as bad as the blacksmith, or twice as bad, or twice and quarter as bad, or only half as bad? In other words, if the blacksmith is to have a shilling, is the parson to have six pence, or five pence and one-third, or two shillings? Clearly these are fools' questions: the moment they bring us down from moral generalities to business particulars it becomes plain to every sensible person that no relation can be established between human qualities, good or bad, and sums of money, large or small.It may seem scandalous that a prize-fighter, for hitting another prize-fighter so hard at Wembley that he fell down and could not rise within ten seconds, received the same sum that was paid to the Archbishop of Canterbury for acting as Primate of the Church of England for nine months; but none of those who cry out against the scandal can express any better in money the difference between the two. Not one of the persons who think that the prize-fighter should get less than the Archbishop can say how much less. What the prize- fighter got for his six or seven months' boxing would pay a judge's salary for two years; and we all agree that nothing could be more ridiculous, and that any system of distributing wealth which leads to such absurdities must be wrong. But to suppose that it could be changed by any possible calculation that an ounce of archbishop of three ounces of judge is worth a pound of prize-fighter would be sillier still. You can find out how many candles are worth a pound of butter in the market on any particular day; but when you try to estimate the worth of human souls the utmost you can say is that they are all of equal value before the throne of God:And that will not help you in the least to settle how much money they should have. You must simply give it up, and admit that distributing money according to merit is beyond mortal measurement and judgement.Which of the following is not a vice attributed to the poor by the rich?
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MCQ-> Study the following information carefully and answer the questions given below : Following are the criteria for short listing candidates for calling for interview for Management Trainees in an organization : The candidates must- (i) not be less than 21 years and more than 28 years as on 1.11.04. (ii) have secured at least 60 per cent marks in graduation. (iii) have secured at least 65 per cent marks in the preliminary selection examination. (iv) have secured at least 55 per cent marks in the final selection examination. (v) be ready to join work immediately after the interview. In the case of a candidate who fulfills all other criteria EXCEPT- (A) at (iv) above but has secured more than 75 per cent marks in preliminary selection examination his/her case is to be referred to Deputy General Manager. (B) at (ii) above but has secured at least 65 per cent marks in post graduation, his/her case is to be referred to General Manager. In each of the questions below is given the information of one candidate. You have to study the information provided with reference to the conditions given above and decide whether the candidate is to be called for interview or some other course of action as stated below is to be taken. You are not to assume other than the information provided in each question. All these cases are given to you as on 1.11.2004. Now read the information provided in each question and decide which of the following courses of actions is to be taken with regard to each candidate and mark your answer.Mark answer a: if the candidate is to be called for interview. Mark answer b: if the case is to be referred to General Manager. Mark answer c: if the candidate is not to be called for interview. Mark answer d: if the data provided are not sufficient to take a decision. Mark answer e: if the case is to be referred to Deputy General Manager.Neelam Srivastava has secured 75 per cent marks in the preliminary selection examination. She was 22 years old as on 5th December, 2000. She has secured 65 per cent and 60 per cent marks in the Final selection examination and in graduation respectively. She is ready to join immediately after the interview.
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MCQ-> Answer the questions based on the following information. To get admission in a management course at Dadhichi Institute of Management (DIM) following criteria are given. A candidate must: 1. be a graduate from a recognized university with minimum 54 percent marks. 2. not be more than 33 years of age as on 1.4.2008. 3. have secured 60 percent or more marks in the entrance test. 4. pay one-time deposit fee of Rs. 2,00,000 at time of admission. 5. pay tuition fee of Rs.4,000 per month. Any candidate who fails to fulfill the condition (4) at above, he/she may be referred to the chairman-admission. Any candidate who has scored 80 percent mark in the entrance test but does not fulfill the condition (1) at above, he/she may be referred to the director. Any candidate having work experience of at least 10 years in supervisory cadre and does not satisfy the condition (2) at above, he/she may be admitted under sponsored quota. Given the above information and condition in each of the following questions, you have to decide which of the following course of action should be taken. You should not assume anything in case of any of the candidates.  Mark answer I. if the candidate is admitted II. if the candidate is not admitted III. if the candidate is referred to the director IV. if the candidate is referred to the chairman- admission V. if the candidate is admitted under sponsor quotaKamaljeet secured 60 percent marks in graduation and was born on 15th April 1976. He scored 56 percent marks in the entrance test. He can pay one-time deposit of Rs. 2,00,000 and monthly tuition fee of Rs. 4,000.
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MCQ-> Study the following information carefully and answer the question given below Following are the conditions for selecting Accounts Officer in the Organization The candidate must (i)be at least 21 yr and not more than 26 yr as on 1.11.2011 (ii)be a commerce graduate (B.com) with atleast 55% marks (iii)have work experience of at least 2 yr in the Accounts Department of an organization (iv)have secured at least 50% marks in the Selection process In the case of a candidate who fulfils all the conditions except (a)at (i)above but at least 21 yr old and not more than 28 yr old and has work experience of 5 yr as Accounts Assistant in an organization his/her case is to be referred to GM-Accounts (b)at (ii)above but has secured at least 50% marks graduation and has secured at least 55% marks in selection process his/her case is to be referred VP-Accounts.In each question below details of one candidate are provided You have to take one of the following courses of actions based on the conditions given above and the information provided in each question and mark the number of that course of action as your answer You are not to assume All these cases are given to you as on 1.11.2011 Give answer a:If the case is to be referred to GM-Accounts b:If the case is to be referred to VP-Accounts c:If the candidate is to be selected d:If the candidate is not to be selected e:If the data provided are inadequate to taken a decision Now read the information provided in each question and mark your answer accordinglyUmesh Choksi was born on 25th November, 1989 He has secured 60% aggregate marks in B.com and 65% mark in the Selection Process He has been working in the Accounts Department of an organization for the past 3 yr
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