Study the following information carefully and answer the questions given below:
Following are the conditions for selecting Manager-
Finance in an organisation:
The candidate must —
(i) be a graduate in any discipline with at least 50 percent marks.
(ii) be a postgraduate in Management with specialisation in Finance.
(iii) be at least 25 years and not more than 35 years as on 1.2.2013.
(iv) have post qualification work experience of at least two years in the Accounts/Finance department of an organization
(v) have secured at least 40 percent marks in the selection process.
In the case of a candidate who satisfies all other criteria EXCEPT
(A) at (ii) above, but has worked as Deputy Manager - Finance in an organization for at least three years, his/her case is to be referred to General Manager- Finance.
(B) at (v) above, but has secured at least 70 percent marks in post graduation, his/her case is to be referred to President-Finance.
In each question below, detailed information of one candidate is provided. You have to take one of the following courses of action based on the information provided and the conditions and subconditions given above and mark your answer accordingly. You are not to assume anything other than the information provided in case of each candidate. All these cases are given to you as on 1.2.2013
Mark answer a: if the candidate is not to be selected.
Mark answer b: if the data Provided are not adequate to take a decision.
Mark answer c: if the case is to be referred to General Manager-Finance.
Mark answer d: if the case is to be referred to President-Finance.
Mark answer e: if the candidate is to be selected.
Ranjit Malhotra has secured 55 percent marks in graduation and 65 percent marks in MBA Finance. He has been working as Deputy Manager Finance in an organization for the past four years after completing his MBA. He was born on 24th February 1985. He has secured 60 percent marks in the selection process.
(a) : Graduate with $$\geq$$ 50 %, => yes, 55 %
(b) : postgraduate, => yes, in MBA finance
(c) : age => yes, between 25 and 35 years
(d) : work experience => yes
(e) : Marks in selection process $$\geq$$ 40 %, => yes, 60 %
Since, Ranjit Malhotra has fulfilled all the criteria.
Thus, he is selected.
=> Ans - (E)
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