United India Insurance AO Exam 2013 Question Paper

For the following questions answer them individually

Which of the following is not correct regarding Financial Inclusion?

Which term is used for the act of attempting to acquire information by masquerading as a trustworthy entity in an electronic communication?

In computing, what is the process by which a running computer system is restarted without the need to interrupt the power?

The Foreign Exchange Regulation (Amendment) Act, 1993, forms the statutory basis for Exchange Control in India. The manual which supplements’ the act has been issued by

Which of the following awards is annually given by the Government of India for lifetime contribution to Indian cinema?

In financial accounting and finance, bad debt refers to

Which of the following enables the server to manage data, users, groups, security, applications, etc?

Which of the following does not correctly explain a desktop computer?

In the field of insurance. which term is employed for describing a professional who deals with the financial impact of risk and uncertainty?

Which of the following statements correctly defines ‘outsourcing’?

Accommodation given to slum dwellers in a metro city is known as

Which of the following does not correctly explain Real Time Telephone Call?

What does LIBOR stand for?

With reference to the insurance and banking sector, which of the following is the most appropriate explanation of ‘PIN”?

Which of the following correctly explains the incidence of Income Tax in India?

Which of the following is not correct regarding Benchmark Rate?

Which of the following allows firms to focus their resources on developing and managing longterm relationships with more profitable customers by measuring a customer’s lifetime value?

Which of the following relates to the processes and applications that create new methods to solve problems, perform tasks, and manage communication?

What occurs when criminals obtain personal information that allows them to impersonate someone else in order to use their credit to obtain financial accounts and make purchases?

What is the term for the rate at which banks borrow funds from the RBI to meet the gap between the demands they are facing for money (loans) and how much they have on hand to lend?

Rearrange the following six sentences (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph: then answer the questions given below them.
(A) Assuming that all these reasons are true, the fact remains that there is an urgent need to check the accelerated costs and initiate suitable measures.
(B) Some people attribute it to the increasing greediness among the medicos.
(C) The impact of these measures will be visible only after a considerable passage of time.
(D) Health care costs have been skyrocketing in our country.
(E) The measures include yoga classes with emphasis on physical and mental exercises and also change in food habits.
(F) Certain others feel that it is because of drastic changes in peoples’ lifestyle and eating habits.

In each of the following sentences there are two blank spaces. Below each sentence there are five pairs of words denoted by numbers a, b, c, d and e. Find out which pair of words can be filled up in the blanks in the sentence in the same sequence to make the sentence grammatically correct and meaningfully complete.

A good management will decide not only the_____ for equipment but also its _____for deciding priorities.

If the system ______to yield the desired result, try to _____the whole procedure in the given sequence.

_____and_____ should not be tolerated in our country which boasts of `Ahimsa* as its way of life.

He ____a wrong act because it was_____ for him to do so due to circumstantial forces.

Read each sentence any to find out whether there is any grammatical error or idiomatic error in it. The error, if any , will be in one part of the sentence. The number of that part is the answer,. If there is no error, the answer is e. (Ignore errors of punctuation, if any.)

Wheat productions in the region (a)/ will fall drastically (b)/ unless we do nothing (c)/ to stop climate change. (d)/ No error. (e)

The Indian stock market is (a)/ one of the worse (b) / performing stock markets (c)/ in the recent times. (d)/ No error. (e)

With inflation at eleven per cent (a)/ companies need to come up (b)/ with innovative ways to (c)/ get customers to buy its good. (d)/ No error.(e)

Private companies which profits (a)/ have grown due to (b)/ the high price of oil (c)/ should offer discounts on cooking gas. (d) / No error. (e)

Having work in (a)/ both public and private sector banks (b)/ Mr. Rao is the ideal choice to (c)/ take over as chairman. (d)/ No error (e)

In order to expand, the company (a)/ plans to transform from a (b)/ family based business into (c)/ a professional managed one. (d)/ No error (e)

Amit started a small (a)/ construction business two years ago (b)/ when the country is (c)/ enjoying a construction boom. (d)/ No error (e)

Given the current (a)/ market conditions has (b)/ better for us to invest (c)/ in the infrastructure sector. (d)/ No error (e)

Many athletes have (a)/ taken on yoga (b)/ to develop their concentration (c)/ and reduce stress. (d)/ No error (e)

His main aim is (a)/ to create an (b)/ interest in hockey (c)/ among school children. (d)/ No error (e)

In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.

Without doubt there is one thing (1) to all of us we have all played a game at some time in our lives. Most of us play to relax or have fun, but for many, playing a game or a sport is a way to (2) poverty behind. In fact, in many African countries, playing a sport professionally can (3) the lives of a person’s entire family.

For example, in the small town of Bekoji, in Ethiopia (4) than a hundred boys and girls can be seen running at dawn everyday. Each of these youth is (5) and serious and their coach is (6) that one of them will be a world champion. This seems like an idle (7) but it is virtually a guarantee in this small community (8) mainly farmers. Many of the fastest male and female distance runners in the world hail from this small town. A small hand painted sign which greets visitors outside Bekoji (9) “Welcome to the Village of Athletes”. Children here start running at an early age, (10) great distances to fetch water and firewood or to reach school. At the Olympics, runners from this small town are likely to win more medals than those from developed countries. It will give their families a way out of poverty.

Which of the phrases a:, b:, c: and d: given below should replace the phrase given in bold in the following sentences to make the sentence grammatically correct? If the sentence is correct as it is and there is no correction required mark e: i.e. ‘No correction required’ as the answer.

The US economy is present in the face off a serious recession.

Economists have predicted that the country’s economic growth falls low to eight per cent this year.

In all likeness the company will fail to achieve its production targets this year.

One of the key competencies for managers are ethics and the ability to motivate others.

Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.

There are various sectors in India that are to be assessed for their strengths, weaknesses, opportunities and threats.

The total population is over 1 billion which will increase to 1.46 billion by 2035 to cross China. The huge population will result in higher unemployment and deterioration of quality. Literacy, in India is yet another factor to be discussed. According to 1991 census, 64.8% of the population was illiterate. The major downtrend of education is due to child labour which has spread all over India and this should be totally eradicated by way of surveillance and a good educational system implemented properly by the Government. Pollution is one more threat to the environment and for the country’s prospects. This has been experienced more in urban areas mainly in metropolitan cities. The water pollution by the sewage seepage into the ground water and improper maintenance will lead to various diseases which in turn will affect the next generation. In most of the cities there is no proper sewage disposal. The Government has to take effective steps to control population which, in turn, will minimize the pollution. Poverty questions the entire strength of India’s political view and minimizes the energetic way of approach. The shortfall of rains, enormous floods, unexpected famine, drought, earthquake and the recent tsunami hit the country in a negative way. The proactive approach through effective research and analytical study helps us to determine the effects in advance. Proper allocation of funds is a prerequisite. In developed countries like. U.S., Japan precautionary methods are adopted to overcome this, but it has to be improved a lot in our systems. Increased population is one of the major reasons for poverty and the Government is unable to allocate funds for basic needs to the society. India has nearly 400 million people living below the poverty line and 90% of active population is in informal economy. The children are forced to work due to their poverty and differential caste system. They work in match industry for daily wages, as servants, mechanics, stone breakers, agricultural workers, etc. To prevent child labour, existing laws which favour the Anti Child Labour Act should be implemented by the Government vigorously. More population results in cheap cost by virtue of the demand supply concept. Most of the foreign countries try to utilize this factor by outsourcing their business in India with a very low capital. According to U.S., India is a “Knowledge pool” with cheap labour. The major advantage is our communication and technical skill which is adaptable to any environment. The cutting edge skill in IT of our professionals helps the outsourcing companies to commensurate with the needs of the consumers in a short span. The major competitors for India are China and Philippines and by the way of an effective communication and expert technical ability, Indians are ahead of the race. The major Metropolitan states are targeting the outsourcing field vigorously by giving various amenities to the outsourcing companies like tax concession, allotting land etc., to start their businesses in its cities without any hurdles. Thereby most of the MNCs prefer India as their destinations and capitalize the resources to maximize their assets. Infrastructure is another key factor for an outsourcing company to start a business in a particular city. It includes road, rail, ports, power and water. The increased input in infrastructure in India is very limited where China’s record is excellent. India in earlier days gave more importance to the development of industry and less importance to other departments. But the scenario has quite changed nowadays by allocating a special budget of funds for security. This is because of the frightening increase in terrorism all around the world especially emerging after the 9/11 terror attack in U.S. In the last ten years, budget towards the development of military forces is higher when compared to others. It shows that the threat from our neighbouring countries is escalating. India has to concentrate more on this security factor to wipe out the problem in the way of cross border terrorism. Making India, a developed country in 2020 is not an easy task. India has to keep in check a variety of factors in order to progress rapidly. To quote China as an example is that they demolished an old building to construct a very big port to meet future demands, but India is still waiting for things to happen. The profits gained by India through various sectors are to be spent for the development and welfare of the country. India’s vision for a brighter path will come true not only by mere words or speech, but extra effort needed at all levels to overcome the pitfalls.

Which of the following, according to the author, is/are a result(s) of increased population in India ?
(A) Pollution
(B)Poverty
(C) Unemployment

Why, according to the author, has the Indian Government allotted more funds to strengthen the military forces ?

What is the author’s main objective in writing this passage ?

Why, according to the author, is India one of the favourite destinations for investment by outsourcing companies ?
(A) Shorter response time for clients
(B)Better technical skills
(C)Availability of cheap labour

Which of the following is/are true in the context of the passage ?
(A) India leads the way in the amount invested in the development of infrastructure.
(B) Political system in India is not influenced by poverty
(C) Indian population would increase by approximately 50 per cent in the next twenty five years.

Which of the following is/are the facilityies) available to MNCs investing in India ?
(A) Easy availability of land
(B) Better infrastructure than China.
(C) Tax Concessions

Which of the following, according to the author, is a result of poverty in India ?

How, according to the author, can the effects of floods, famines, drought, etc. be minimized ?

Choose the word/group of words which is most similar in meaning to the word/group of words printed in bold as used in the passage

For the following questions answer them individually

Tanvi started a business investing Rs. 45,000. After 8 months Anisha joined her with a capital of Rs. 52,000. At the end of the year the total profit was Rs. 56,165. What is the share of profits of Anisha ?

In a class of 35 students and 6 teachers, each student got sweets that are 20% of the total number of students and each teacher got sweets that are 40% of the total number of students. How many sweets were there ?

Prithvi spent Rs. 89,745 on his college fees, Rs.51,291 on Personality Development Classes and the remaining 27% of the total amount he had as cash with him. What was the total amount ?

The compound interest accrued on an amount of Rs. 22,000 at the end of two years is Rs. 5,596.8. What would be the simple interest accrued on the same amount at the same rate in the same period ?

The ages of Sonal and Nitya are in the ratio of 9 : 5 respectively. After 8 years the ratio of their ages will be 13 : 9. What is the difference in years between their ages ?

The profit earned after selling an article for Rs. 1,516 is the same as loss incurred after selling the article for Rs. 1,112. What is the cost price of the article ?

Study the following graph carefully to answer the questions that follow :

Study the following riraph carefully and answer the questions given below : Units of Raw Material Manufactured and Sold by a Company Over the Years (Units in Crores)

What is the respective ratio of the difference between the number of units manufactured and sold in the year 2005 to the difference between the number of units manufactured and sold in the year 2006 ?

What is the respective ratio of the number of units manufactured in the year 2003 to the number of units manufactured in the year 2007 ?

What should come in place of the question mark (?) in the following number series ?

What should come in place of the question mark (?) in the following questions ?

Study the following graph carefully to answer the questions that follow.

The graph below gives the Number of Students Enrolled in Three Different Disciplines in Five Different Colleges

What is the respective ratio of total number of students studying B.Sc. in the colleges C and E together to those studying B.A. in the Colleges A and B together ?

What is the respective ratio of total number of students studying B.Sc B.A and B.Com. in all the Colleges together ?

Number of students studying B.A in College B forms what per cent of total number of students studying all the disciplines together in that College? (rounded off two digits after decimal )

Each question below is followed by two statements A and B. You are to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose between the possible answers.

Give answer a: if the statement A alone is sufficient to answer the question, but the statement B alone is not sufficient.
Give answer b: if the statement B alone is sufficient to answer the question, but the statement A alone is not sufficient.
Give answer c: if both statements A and B together are needed to answer the question.
Give answer d: if either the statement A alone or statement B alone is sufficient to answer the question.
Give answer e: if you cannot get the answer from the statements A and B together, but need even more data.

Is A an odd number?
A. A multiplied by an odd number is equal to an odd number.
B. A is not divisible by 2.

The ages of Pradumn and Gunit are in the ratio of 7 : 5 . What is the age of Pradumn.
A. The ages of Pradumn and Nandini are in the ratio of 3 :1.
B. After 7 years the ratio of Pradumn’s and Aviral’s ages will be 4: 3.

What is the salary of B, in a group of A, B , C and D whose average salary is Rs. 62,880?
A. Total of the salary of A and C is exact multiple of 8.
B. Average of the salary of A. C and D is Rs. 61,665.

What is the three digit number?
A. The three digit number is divisible by 9.
B. The first and the third digit is 6.

What is the profit earned by selling a printer for Rs. 3,000?
A. The cost price of 6 such printers is equal to selling price of 5 such printers.
B. 20% profit is earned by selling each printer.

Study the following information carefully to answer the questions.
The teachers’ colony has 2800 members, out of which 650 members read only English newspaper. 550 members read only Hindi newspaper and 450 members read only Marathi newspaper. The number of members reading all the 3 newspapers is 100. Members reading Hindi as well as English newspaper are 200. 400 members read Hindi as well as Marathi newspaper and 300 members read English as well as Marathi newspaper.

Find the difference between number of members reading English as well as Marathi newspaper and the number of members reading English as well as Hindi newspaper.

Study the following graph carefully to answer the questions that follow: 

Number of Computers Manufactured and Sold by Various Companies in a Year (Number in Lakhs)

What is the respective ratio of the number of computers manufactured by companies A and C together to the number of computers sold by companies A and C together ?

What is the difference between the average number of computers manufactured by all the companies together and the average number of computers sold by all the companies together ?

The number of computers sold by company B are what per cent of the number of computers manufactured by company B ? (rounded off to two digits after decimal)

Study the following information carefully and answer the given questions :
A word and number arrangement machine when given an input line of words and numbers rearranges them following a particular rule in each step. The following is an illustration of input and rearrangement. (All the numbers are two digit numbers).
Input : tent 13 wheat 21 ask 63 steal 49 hand 54 vast 85
Step I : 85 wheat tent 13 21 ask 63 steal 49 hand 54 vast
Step II : 63 vast 85 wheat tent 13 21 ask steal 49 hand 54
Step III : 54 tent 63 vast 85 wheat 13 21 ask steal 49 hand
Step IV : 49 steal 54 tent 63 vast 85 wheat 13 21 ask hand
Step V : 21 hand 49 steal 54 tent 63 vast 85 wheat 13 ask
Step VI : 13 ask 21 hand 49 steal 54 tent 63 vast 85 wheat and Step VI is the last step of the above input, as the desired arrangement is obtained.
As per the rules followed in the above steps, find out in each of the following questions the appropriate step for the given input.
Input : store 95 clean 56 tape 15 break 28 feet 35 wait 69 ice 71

Which of the following represents the position of ‘wait’ in the third Step ?

Study the following information carefully and answer the given questions :

In a certain code language ‘make your trip interesting’ is written as ‘de la pa ni;
‘your trip be customised’ is written as ‘ha ni ta de’;
‘customised trip always good’ is written as ‘ta fa ka ni’;
and ‘good make me happy’ is written as ‘ka ro pa na’.

Each of the questions below consists of a question and two statements numbered I and H given below it. You have to decide whether the data given in the statements are sufficient to answer the questions. Read both the statements and—

Give answer a: if the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.
Give answer b: if the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.
Give answer c: if the data either in statement I alone or statement II alone are sufficient to answer the question.
Give answer d: if the data even in both statements I and II together are not sufficient to answer the questions.
Give answer e: if the data in both statements I and II together are necessary to answer the question.

What is the position of Yogesh from the left in the group of 21 students all of them facing north ?
I. Praveen is exactly in the middle of the row. There are five persons between Praveen and Yogesh. Yogesh is fifth from the right end.
II. There are two persons between Seema and Praveen and another two persons between Seema and Yogesh.

In which year did Ranjana complete her graduation ?
I. According to Ranjana’s father she graduated after March 1989 but before March 1993.
II. The brother of Ranjana remembers correctly that she did her graduation after March 1991 but before March 1994 and the year of her graduation was an even number.

Are M, S and N in a straight line ?
I. N is 6 metres East of M. 0 is 4 metres North of N. T is 3 metres West of 0 and S is 4 metres South of T.
II. P is 6 metres North of M. Q is exactly in the middle of P and M. R is 3 metres East of Q. S is 3 metres South of R. N is 3 metres East of S.

Whether it was 4 O’s clock two hours ago ?
I. At present, both the hands of the clock face the opposite direction along a straight line.
II. Two hours ago, both the hands of the clock together formed an angle of 120 degree.

Among I, A, G, K. J and V who is the tallest ?
I. V is taller than J and G. K is taller than I and G. K is not the tallest.
II. V is taller than K and I. J is taller than G. V is not the tallest.

For the following questions answer them individually

How many such pairs of letters are there in the word COAST (in both the forward and backward direction), each of which has as many letters between them in the word as they have between them in the English alphabetical series ?

In each group of questions below are two/ three statements followed by two conclusions numbered I and II. You have to take the given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the two/three statements disregarding commonly known facts.

Give answer a: if only conclusion I follows.
Give answer b: if only conclusion II follows
Give answer c: if either conclusion I or conclusion II follows.
Give answer d: if neither conclusion I nor conclusion II follows.
Give answer e: if both conclusions I and II follow.

Statements :
All pens are nibs.
All nibs are inks.
No ink is colour.
Conclusions :
I. All inks are nibs.
II. All pens are inks.

Statements :
All pens are nibs.
All nibs are inks.
No ink is colour.
Conclusions :
I. No colour is nib.
II. No colour is pen.

Statements :
No dream is project.
All ventures are projects.
Conclusions :
I. No venture is dream.
II. All projects are ventures.

Statements :
No road is way.
All ways are paths.
No path is bridge.
Conclusions :
I. Some bridges are roads.
II. All paths are roads.

Statements :
Some numbers are digits.
No digit is alphabet.
All alphabets are letters.
Conclusions :
I. No letter is digit.
II. Some letters are digits.

Statements :
Some numbers are digits.
No digit is alphabet.
All alphabets are letters.
Conclusions :
I. Some letters are numbers.
II. All numbers can never be alphabets.

In these questions, relationship between different elements is shown in the statements. These statements are followed by two conclusions :

Give answer a: if only conclusion I follows.
Give answer b: if only conclusion II follows.
Give answer c: if either conclusion I or II follows.
Give answer d: if Neither conclusion I nor II follows.
Give answer e: if both conclusions I and II follow.

Statements :
O > P > Q > R < S < T
Conclusions :
I. 0 > S
II. T > P

Statements :
A < B < C; B = D > E > F; G < A
Conclusions :
I. D > A
II. A < E

Statements :
H ≥ I = J ≥ K; L ≤ K; < M < N
Conclusions :
I. H > M
II. N > H

Statements :
H ≥ I = J ≥ K; L ≤ K; < M < N
Conclusions :
I. M < I
II. H ≥ K

For the following questions answer them individually

How many meaningful English words can be formed from the first, the fifth, the eighth and the tenth letters of the word CREATIVITY, using each letter only once in each word ?

Following questions are based on the information given below :

a: ‘P × Q’ means ‘P is father of Q’.
b: ‘P – Q’ means `P is sister of Q’.
c: ‘P + Q’ means ‘P is mother of Q’.
d: ‘P ÷ Q’ means `P is brother of Q’.

Study the following information to answer the given questions :

Seven animated movies Up, Finding Nemo, Ice Age, Aladdin, Shark Tale, Beauty and the Beast, The Incredibles, were screened during a children’s workshop not necessarily in the same order. The workshop started on Monday and ended on Sunday. Only one movie was screened on each day.

‘Beauty and the Beast’ was screened on Wednesday. ‘The Incredibles’ was screened on the fourth day after ‘Up’ was screened. ‘Ice Age’ was screened before Thursday but not on Monday. ‘Shark Tale’ and ‘Aladdin’ were not screened on Saturday but ‘Shark Tale’ was screened before Saturday.

Four of the following five are similar on the basis of their position in the above arrangement and hence form a group. Which of the following does not belong to the group ?

Which of the following combinations is false with respect to the given information ?

Study the following information to answer the given questions :
Eight people — L, M, 0, P, 9, R and S — are sitting around a circular table facing the centre. Each of them likes different colours, viz., Red Orange, Blue, Pink, Black, Purple, Brown and Green, but not necessarily in the same order. S is sitting second to the left of N. There are two persons between S and the person who likes Orange colour. M is second to the left of the person who likes Orange colour. L is the immediate neighbour of S. R is the third to the right of P. 0 likes Purple colour. The person who likes Pink colour is second to the right of P. The person who likes Brown colour is the third to the left of the person who likes Blue colour. Neither S nor P likes Brown colour. N likes neither Green nor Blue colour. L likes Red colour.

Who among the following is second to the right of the person who likes Orange colour ?

Study the following information and answer the questions given below it.

Seven members H, I, J, K, L, M and N are working in different cities Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Delhi and Mumbai not necessarily in the same order. Each one has a different mother tongue Tamil, Kannada, Telugu, Hindi, Marathi, Punjabi and Bangla not necessarily in the same order. J works in Bangalore and his mother tongue is not Tamil or Marathi. K’s mother tongue is Punjabi and he works in Ahmedabad. L and M do not work in Chennai and none of them has Marathi mother tongue. I works in Hyderabad and his mother tongue is Telugu. The one who works in Delhi has Bangla mother tongue. N works in Mumbai and his mother tongue is Hindi. L does not work in Kolkata.

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